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.60S. AUM.
>0CT 2 0 134/
LIBRARy
r*r
MONDAY
Reg. U. S. Pat. Office
Volume 166
Number 4639
New
General
RAILROAD
Admiral Corp.
6
(& Subs.)—Earnings—
1947
sales
Net profit after charges and
Capital shares outstanding-^
Earnings per share..
—V. 165, p. 1993. -
Aerovox
6
165,
income
Corp.
The
stockholders
and
The
amendment
and
to
the
permits
166.
the
this
for
of
the
of
less
not
The
these
than
classification
Aetna
Co.
14
companies.
nine
nor
The
of
shares
591,356
591.356
591,356
$2.76
outstanding
$1.32
$0.14
share
per
SELECTED
BALANCE
SHEET
and
securities
company
covering
Abbetf
Oct. 9
on
2,000,000
&
Co.,
filed
shares
common
Inc.
registration
a
Proceeds
(par
would
be
statement
$1.25).
used
with
the
Underwriter,
for
1946
Operating
9,759,366
of
13
cents
has been declared on the new
common
stock, payable Dec. 1 to holders of record Oct., 31.
This is
equivalent to 52 cents per share on the old common stock which was
recently split up on the basis of four new shares for each share held."''
tax
707,544
3,138,953
1947
1946
$1,226,065
480,000
Quarterly
■f
distributions
shares.—V.
common
of
166,
50
cents
each
had
been
made
the
on
310,000
352,000
$403,999
$394,065
387,366
J72.084
$0.90
,1^0,39
etc
reserve,
1250.
p.
American Box Board
6
Months Ended June 3C—
—V.
165,
Net
1947
1946
1945
$56,035
$207,859
363,508
356,841
$1.24
$0.16
$0.58
Alabama
.
of
Selling
sales
Such
be
to
are
presented
to
the
at the office of the mutual service company, Commonwealth
& Southern Corp.
(New York), 20 Pine St., New York 5, N. Y., before
11 a.m. (EST) on Oct.
20, 1947.—V. 166, p. 1349.
company,
Net
855,040
873,819
jjf. 13$6;y^lS
897,665
11,727,977
9,934,967
747,215
9,943,775
8,709.183
2,171,008
2,071,091
27,155,083
27,437,895
64,428
37,265
419,370
283,472
2,235,436
568,652
2,108,357
27,574,453
500,511
6,258,874
27,821,363
6,093,303
tax__
>
income
income
334,595
funded
on
Earnings
—V.
per
I"
electric
of
acquisition
Other
int.
adjustmt._
and
24,936
24,936
34,612
299,243
438,824
236,161
:236,161
2,833,933'
1,373,624
1,312,134
3,545,933
17,743,578
14,754,787
2,155,346
13,864,095
12,135,176
*781,721
*2,233,798
3,879,483
2,619,610
*781,721
*2,233.798
3,879,483
*67,535
330,931
2,619,610
146,690
*781,721
*2,301,333
4,210,414
2,877,933
2,222,668
deducts.
3,613,765
14,674,904
12,952,376
253,000
929,301
1,449,000
1
863,525
32,061
-
.
;
inc.
net
of
256,949
plant
t
Divs.
$1,259,339
4,003
360,307
119,303
$185,250
223,685
198,182
pfd.
on
Balance
Divs.
on
stocks.—
earned
—
stocks
common
Electric
share
$2.57
$0.93
166, p. 153.
consol
Gas
&
Co.—
income:
net
Subs, consol., as
Atlantic
City
Scranton
Total
above
El'. Co._
Electric
undist.
Co.
111,638
inc.
net
Inc. of Am. Gas & Elec.:
Assets
Administration has
for $1,500,000 of
pany
the
announced
sale
surplus steel wire finishing plant
by the Government during the
a
N,
this
to
at
From
$500,000
wire.
It
located
ment
converting
also
in
will
its
the
plant
said
company
will
from
employ
GO
Prior
three
to
in
the
to
the
production
stainless
Dunkirk
to
that when the
600
some
90
plant
is
Production
men.
receiving the $1,500,000 bid
times
rejected
offers
of
the
on
Dunkirk
$1,250,000.—V.
166,
p.
charges
&
taxes
per
571,962
company
4,020
at
sales of capital
on
assets.—V.
by
to
1349.
p.
the
SEC
subscription
stockholders. '
common
and
Curb
Stock
Unsubscribed shares will be
Taylor, President.
Proceeds would be used
expansion purposes.—V. 166, p. 945.
H.
Exchange
Boston
Stock
tv1
Alcoa
bring
Mining Co., a subsidiary, has
Alaskan limestone to Portland,
sale,
according
Ore.,
[Of
Mr.
i.."
Ore.,
Messer
to
said
of
E.
A.
Messer,
engineer
plans
for
company use
the company's
laboratory.
struction and
H
Cancels Plan—
temporarily abandoned
at
and
for
Hillsboro,
the
ocean
decision
was
caused
transportation.—V.
by
166,
the
p.
high
cost
of
561.
I-
Gen.
&
income
taxes
__33
33
34
con¬
•3 I
SPECIALIST
4
Stock
34
Exchange
Int.
&
&
Divs.
Philadelphia Stock Exchange
Pittsburgh Stock Exchange
Montreal
Stock
3G
36
Balance
&
Toronto
STREET
HAnover
2-2600
19,423,545
17,855,543
44,296
120,735
48,090
527,592
810,825
790,587
210,438
60,017
60,017
720,209
1,558,309
1,186,871
1,226,398
17,364,918
14,715,834
753.
p.
Hair
Felt
&
Co.—Earnings—
1947
—V.
Section
41
Markets
pei
42
p.
$2.57
'Earns,
33
Miscellaneous Features
income
Co.—Earnings-
and
after
1947—3 Mos.—1946
Common
$186,951
shrs.
per
$122,828
$76,801
$82,042
559,197
559,197
559,197
559,197
$0.28
$0.15
$0.04
$0.02
outstdg.
share
com.
dividend requirements.—V.
American Potash & Chemical
51
(Including
6 Months Ended
Net
Costs
Clearings
43
44
41
Rates—
Statement
of
Domestic
Selling,
Profit
Banks
1947
44
administration &
general
261,136
income
$1,752,895
income
140,838
on
tax
income
$1,004,968
129,681
469,800
deductions
taxes
307,521
849,144
155,824
1,491,759
income
Gross
3,882,445
421,150
expenses
operations
$5,039,111
4,697,637
Income
State
Teletype: NY
..
1-573
Through Sept. 30, 1917__
N^t
:
____56
137,000
40,200
10,000
$1,102,057
i
income
Preferred
Enrnod
—V.
-
dividend
per
166,
1946
$6,610,546
Federal
of
49.
Corp..—Earnings
sales
from
Other
p.
Subsidiaries)
30—
Federal
41
Member
June
166,
sales
of
1947—6 Mos.—1946
taxes
charges
Corporation & Investment News_Cover
of
$1.08
share
American Ice
Stock and Bond Averages
Statement
160,054
1310.
Period End. June 30—
Transactions New York Stock Exchange—__24
Transactions New York Curb Exchange
24
Condition
$269,953
160,054
shares
165,
Net
Exchange
1946
$496,098
income
Common
790,811
for
stock
$723*970
U. S. Savings Bonds Issued and Redeemed
NEW YORK 4, N. Y.
Bell
331,045
1,544,945
39
Federal Reserve System____^
Established 1922
80 BROAD
416,597
taxes__
166,
American
Earned
38
Stock Exchange—Curb
Condition
Compan y
18,186,588
22,784
6 Months Ended June 30—
Net
37
Exchange
Reserve Banks
qAllen
19,840,142
31,063
stock
earned
'Loss.—V.
36
Montreal Curb Exchange
Toronto Stock Exchange
Combined
DEPARTMENT
1,567,729
net
36
Foreign
MUNICIPAL
15,308,649
1,442,984
deductions
pfd.
35
35
Dividends Declared and Payable
Municipal Bonds
15,629,727
subs.
of
income
on
Redemption Calls and Sinking Fund Notices_44
n
3,869,063
exps.,
misc.
Federal
The Course of Bank
FLORIDA & NEW JERSEY
2,224,706
Co.
undist.
Balance
common
Detroit Stock Exchange
Los Angeles Stock Exchange
State and City Bond Offerings
IN
43,747
Amer'n
Electric
inc.
net
25,521
1,411,921
&
2,298
34
General
Telephone.
Gas
Total
2.037
'After preferred
-.1,.
i
to
income
29
Exchange
Over-the-Counter
Aluminum Co. of America—Unit
24
Exchange
Baltimore
13
St. Louis Stock Exchange
San Francisco Stock Exchange
With SEC—
Oct. 9 filed a letter of notification with
($10 par)
common,
to be
offered for
Merritt
construction
$0.76
166,
on
shares
share
purchased
279,600
$2.05
profit
Allied Gas Co., Paxton, 111.—Files
The.
*211,514
279,600
share
'Includes $76,782
New York
(Stocks)
(Bonds)
Cleveland
1946
$4,656,527
income
Page
New York Stock Exchange
New York Stock Exchange
Stock Exchange
Cincinnati Stock Exchange
1947
Fed.
El.
Total
Quotations
Chicago
Inc.—Earnings—
Capital shares outstanding
Earnings
plant, WAA had
1469.
$11,695,474
after
Stock and Bond
now
Govern¬
City
Scranton El. Co.
Other
steel
facilities
acquired
operating at full capacity
is
scheduled to begin in
sales
profit
for
stainless
newly
Months Ended June 30—
Net
Net
for
of
wire
steel
the
to
days.
Allen Industries,
6
plant
all
remove
own
plant.
The
it
in
consol
Frcm
than
more
subs,
From Atlantic
Dunkirk,
Y., which was built
war
for the
production of bullet core. Construction cost was reported at
$4,750,000.
WAA was infoimed that
the
corporation
will
spend
This Issue
In
com¬
1 2,833,933
income
net
subs,
of
American
Undistrib.
Allegheny-Ludlum Steel Corp.—Acquires Plant—
The War
299.235
437,168
3,145,968',
for
stocks
common
$308,556
311,163
outstanding
common
debt
retired
Amort,
$
925,792
profits
Reservation
$587,869
shares
$
310,030
profit
Common
Pro¬
116,729,501 100,634,029
46,165,533
34.368,759
9,205,915
7,917,044
12,531,215
11,901,584
Special charges for debt
.
2,308,950
Invited—
proposals
3,263,382
661,481
1,006,988
income
Interest
$0.44
416,341
profit
SEC
share.
1947—12 Mos.—1946
$
taxes
Undistrib.
Operating
the
a
Fla.
Subs.)—Earnings—
8,647,824
taxes
Gross
349,686
•
3,366,310
ect
expenses,
deductions (net)
Federal
income
taxes
bonds.
mortgage
sales
Cost
Company is inviting proposals for the purchase from it of $10,000,000
first
exc.
Other
14,000
May 31, '47 May 18, '46
$5,041,9)0
$2,927,586
Other
Power Co.—Bids
(&
1,096,884
income
Oper.
$219,471-
Co.—Earnings—
358,826
1445.
p.
1|2,
24 Weeks Ended—
$450,877
Net prof, after chgs. & Fed. taxes—
Capital shares outstanding
Earnings per share
^
pref|rred dividend requirements.—V.
old
Air-Way Electric Appliance Corp.—Earnings—
Co.
10,366,982
Depreciation
575,205
'Earnings pert^oihmqn share—i.v._
"After
Fla.—Files
securities.
$
$808,676
455,000
shares outstanding
'
t-
in
4,439,436
Fed.
1945
$1,168,999
provision
Net profit
Common
Orlando,
1947—Month—1946
Consol.—
revenues
Fed.
income
Inventory
on
shar#
per
investment
Maintenance
651,991
Months Ended June 30—
Gross
dividend
for
Operation
1,332,387
10,669,268
1,938,251
Subsidiaries
2401.
p.
used
Period End. Aug. 31—
1,376,638
New Common Stock—
A
Co.
Jacksonville,
be
7,168r636
3,736,157
Federal
tH
Casualty
Amalgamated Leather Cos., Inc.—Earnings—
6
166,
Agnew-Surpass Shoe Stores, Ltd.—To Pay 13 Cents
will
Other
Lord,
investment.—V.
&
American Gas & Electric
2,206,532
liabilities
164,
Fire
30
SEC
1145,
p.
JUNE
6,990,863
assets
—V.
buy machinery and equipment for commercial opera¬
was organized in
1945 for the manufacture of
not yet gone into production.—V. 165,
p. 66.
company
company on Oct. 10 filed a letter of notification with
12,500 shares ($10 par) common, to be offered
at
$24
Southeastern
Securities
Corp.,
for
$21,701,655 $20,554,140
government
Surplus
The
ITEMS,
Reserves
Affiliated Fund, Inc., New York—Registers With SEC
to
registration statement with the SEC
a
par)
common
stock.
Underwriter,
York.
Price, $1.50 a share.
Proceeds
New
Underwriter,
ceeds
OF
Current
office.
Co.,
The
deficit.
Current
directors
15
terms
to
as
used
The
American
*$508,263
Inventories
amendment
1250.
p.
591,356
$189,189
assets
Cash
an
Hicks
($1
$83,093
1947
Total
Surety
&
approved
than
more
directors
of
Casualty
Oct.
on
be
tions.
591,356
Co.—Amendment Approved—
company,
Insurance
&
Co.—Registers With SEC—
10 filed
shares
cladmetals, but has
below.
charters
election
provides
—V.
of
Automobile
Copy
With SEC—
STATEMENT
Co.
would
Oct.
on
1,000,000
Mercer
83,093
$780,545
$597,204
Earnings
'Loss
*59,280
71,261
$1,631,527
1,034,323
Surplus
Capital
Heineman
-
—
company
covering
434,079
charges
Dividends paid
1946
$77,928
1309.
Oscar
1,285,885
64,086
1,045,936
The
$5,303,527
1,160,556
2,741,549
Net
1947
$9,583,471
2,623,451
income
Income
Corp.—Earnings—
Aetna Life Insurance
a
MISCELLANEOUS
-
American Cladmetals
1945
Total
Aetna Industrial Corp., N. Y.—Acquisition—
See
$13,592,766
—-
Federal tax provision
$218,456
p.
sales
Operating profit after depreciation-
$0.40
Months Ended June 30—
—V.
Net
900,OOo
$0.95
Net income
INSURANCE
-
12
900,000
-
INDUSTRIAL
-
Alpha Portland Cement Co.—Earnings—
Months" Ended June 30—
1947
1946
1946
$21,548,786 $12,397,056
854,456
357,132
taxes
Price 75 Cents
Corporation and Investment News
PUBLIC UTILITY
-
Months Ended June 30—
Net
York, N. Y., Monday, October 20, 1947
p.
she
re
658.
requirements from March 21
on
class A
and
class
B
stock
77,778
$1.94
"~$L37
2
,
Newark, N. J.
Underwritten—
■American Insurance Co.,
Stockholders to be
Offering to
—
B.
It is expected that,
Securities and Exchange
the
underwritten
by
leadership of
Commission, the offering will
investment bankers under
First Boston Corporation.—V. 165, p. 2J21.
nationwide group of
The
a
taxesL-^
4,193,520
3,360,631
—-
taxes
41,023,975
50,283,222
2,700,548
11,444,243
16,163,614
515,404
198,230
402,934
193,794
1,714,174
725,654
1,615,808
240,661
adjustments—
sition
Transfer
to
res
surp
27,139,904
5,005,691
32,254,139
5,650,427
5,200,210
22,134,213
26,613,712
33,830
Balance
32,429
135,580
121,963
—
applic.
Portion
6,627,096
1,426,836
5,015,032
public
to
divs.
mi-
to
will
System
time
from
in
and
service
oi
construction
it
5,167,781
21,698,633
26,491,743
4,981,252
1,884
5,167,781
34,800
21,998,633
153,606
26,491,749
13
the
4,983,136
above >__
income
Total
-
__
5,202,581
22,152,239
26,787,391
already
another
is
selling
Einnloyees'
Stock
mailed
were
September
of
pany
election
their
taxes
447,421
172,999
656,953
639,988
153,037
21,047,859
25,431,812
4,899,222
4,690,881
surplus
Balance,
20,743,812
"tBalance
requirements applicable to respective periods whether
tWhich wou.d be carried to consolidated earned
dividend
"Full
earned
unearned.
or
surplus if there should be excluded the net effect
xion-recurring
tax
reductions and related special
of extraordinary
charges.-
have
to
of this company
kwh.,
13.9'/)
or
,
Operat'ng
Federal
taxes..
Net
operating
income
Subs.)—Earnings—
American Steel Foundries (&
1947
1846
$40,472,207 $27,445,104
3,450,716
1,022,375
1,485,300
557,003
Ended June 30—
Sales
charges
after
Profit
Provision
for
Minority
taxes.i.
interest
1945
$56,961,337
6,398,766
4,000,800
13,977
7,682
$2,390,£42
$0.39
1,187,495
$2.01
the accounts for any liability
portal-to-portal pay suits pend¬
provision has been made in
NOTE—No
might result from so-called
against the company and its subsidiaries
gating $23,748,000."-*-V. 165, p. 201.
which
ing
involving claims aggre¬
of
by almost 1,000 kegs.
plant produces nails, tacks, and staples
and
kinds.
The major part of the nails
topped
record-setting week
destined for the building
was
—V.
166,
to
stockholders at
The
ize
issue
new
a
a
special meeting held Oct. 15 voted to author¬
debentures in ap amount expected to
convertible
of
A resolution covering
in a proxy statement
approximately $360,000,000.
be
submitted
was
stockholders
to
this proposition
dated Sept. 5,
1947.
Commission
As
on
the
as
soon
debentures
vertible
1947
registration statement becomes
will be offered to stockholders
subscription
for
debentures
any
a
the
and
tures
31,
Oct. 16 filed with the Securities and Exchange
registration statement covering the convertible deben¬
shares of stock issuable on conversion.
company
for
ratio
the
in
of $100
effective, the con¬
of record on Oct.
principal amount of
each six shares of stock held on that
date.
Accordingly,
1947 on conversion of the
shares issued up to Oct. 31,
presently
company's
rights
debentures will be entitled to
outstanding convertible
warrants for subscription
will be sent to stockholders on or about Nov.
10, 1947, and subscrip¬
tions will be accepted by the company to and including Dec. 15, 1947.
subscribe
to
registration
The
debentures
dated
be
the
to
to
are
Dec.
convertible
15,
into
new
1947
the
Assignable
issue.
will
statement
bear
interest
at
that
forth
set
the
of
rate
the
23/47r
new
per
convertible
annum,
will
will mature Dec, 15, 1957. They will be
the company on and after March
and
capital stock of
not later than Dec. 14. 1955. The conversion price will
be $140 per share payable by surrender of $100 principal amount of
convertible debentures and payment to the company of $40 in cash
lor each share of capital stock to
be issued upon conversion.
The
1,
1S48,
after
or
debentures
Dec.
price being
15,
1949,
redeemed
be
may
days'
30
on
as
a
notice,
whole or in part on
the initial redemption
700,000 in the third
far this year to over
1,850,000. There are now more than 27,500,000 telephones in service,
or
approximately 5,700,000 more than at the end of the war.
The
increase in
the last two years is larger than the entire number of
telephones served by the Bell System after the first 37 years of the
Bell
System telephones
of
1947, bringing
increased
the total
by
32,229,387
Dr33,B75,620
Earned
228,521,864
11,077,345
53,858,231
42,652,078
S52.034.643
S 174,663,633
§ 197,838,854
809,474
1,525,436
4,733.224
6,766,573
191,072,231
169,930,409
per-
thL
reductions
substantial
of
Federal
ill
connect.on with debt redemption,
by charges against other
includg the
etc.,
mccjme.
flncludes proportionate interest
Electric Co. and all other sub¬
^Includes $6 229,000
and $8,307,000 for the 3 months and 12 months ended Aug. 31,
1946,
respectively, and $7,519,000 for the 12 months ended Aug. 31, 1947,
on
account of tax refunds due to carry-back of excess profits cred.ts
deficits of
in
in
earnings
sidiaries
subsidiary companies,
deficits
or
1946.—V.
Western
of
consolidated
not
166,
Earnings
per
taxes
which
+Does not
company's proportionate interest in undistributed earnings
in
offset
were.
(partly
value.
See
Bank
Hanover
the
Trust
&
V.
166,
Co.,
New
of
shares
1469,
5,000 COO
for
in
in the electrical and electronics
elected President of Frederick Hart
& Co., Inc., a wholly-owned subsidiary, to succeed Charles R.
D'Oliye,
who resigned Oct. 8, to enter another line of business.
its
series,
$6
fdr
15,
1947
hks
Trust
Co.,
agent
of
There
will
of
p.
York,
Y.,
N.
common
stock,
has been
$5
par
3
liquidation, including the retirement of all
stock by making
the distribution
preferred
of
fixed
was
II of
Plan
cash
such
distribution.
the preferred
stock of this
required
the holders
to
of
for
equal to $100
such distribu¬
this company
the ho'ders of its preferred stock, or their assigns,
if any, as it may later lie finally determines
holders of preferred stock are entitled to receive.
cash
in
pay
such
such
amqu.rt,
of the plans and of the orders approving the plans,
the making of the requisite delivery of cash and escrow deposit with
the distribution
agent
shall be in full cancellation a-nd satisfaction
of
the $6 series,
first preferred stock, and thereupon all rights of
By
the
the
terms
stock
preferred
the
of
holders
such shall terminate except the
as
right to receive front such distribution agent the cash and certificates
as
aforesaid, and from and after Oct. 15,
1947, dividends on such
shall cease
stock
preferred
to
of
holders
the
Accordingly
in
accrue.
series,
$6
first
preferred
stock
should
with
accordance
the
such
for
plans.
output
Power
week
ended
of
11,
of
output
166,
1946 —V.
the electric properties of
1947, totaled 100,992,000
of
Oct.
the
over
American
On
Sept.
p.
92,362,000
kwh.
9.49%-—
with
ment
payable
to
V.
166,
the
company
banks,
four
Sept.
stcekho'ders, held on Oct. 15, S. H.
Hammond, C. S. Traer and Robert Crown were elected to the board
of directors, according to R. B. White, President.
Mr.
Hammond
is
President of the Whiting Corp.; C'. S. Traer is
Fresident
of
the
Acme
Ste"l Co..
end Robert Crown is Assistant
Treasurer
of
the Material Service Corp., and President of the Sang
Oct.
On
of
System
the
extraordinary
employees
number
of
is
growth
which
is
stockholders
at
is
at
reflected
an
a
in
the
all-time high
high of
record
number
of
of 650,000.
Bell
Also
717,000.
the result that, notwithstanding
the tremendous
and equipment since V-J Day,
about
1,900,000 people are 1 Still waiting for telephone service.
We
are
doing our utmost to meet all demands and also to improve the
quality of
existing service.
Most calls in
most
places are going
through somewhat faster than a year ago, but
we are
far from
satisfed and
expect to do a great
deal more to make the service
New
more
demand
useful
continues
and
heavy with
expansion in plant
Smelting- Co.—Borrows from
borrowed $3,000,000 under an agree¬
by 2Vse/r
notes with the final instal¬
evidenced
1952.
Of the proceeds $1,500,000
the remainder was added to working
used
capital.—
was
attractive* than
ft
has
ever
been.
1947
$9,957,007
6 Months Ended June 30—
income
Profit before
Income
income
taxes
taxes
;
shares
"After
per
Ohio RR.—Ask for Bids—
the
sent
company
for bids on an issue
series W, to be dated Nov.
Nov. 1, 1957, inclusive.
be received up to noon
1350.
request
out
trust certificates,
outstanding
1,752,400
402,920
1949
$7,950,187
1,156,503
229,461
preferred
$927,047
629,513
629,513
$1.39
$'2.01
dividend requirements.—V. 166, p. 1146.
common
share
RR.—Notes Authorized—
Bangor & Aroostook
the company to issue ^it par not
promissory notes in further evidence of the
unpaid
portion
of
the purchase
price of certain equipment to be
acquired under a conditional-sale agreement.—V. 166, p. 1350.
The
ICC
exceeding
Oct.
on
authorized
8
of
$700,000
Barker Bros.
Corp. (& Sub.)—Earnings—
Profit
Net
1946
$9,904,502
1,496,512
1,426,253
620,000
590,000
577,000'
$176,512
after
Provision
1945
$7,676,548".
1947
$13,346,364
$836,258
__$330,654
356,400
356,400
178,200-'
$2.32
Months Ended June 30—
6
$2.20
"$0.75
1946.
charges
for
Federal
charges
profit
Common shares
to
outstanding
give
EARNINGS
effect
FOR
to
2-for-l
907,654
stock split in April,
THE QUARTER ENDED JUNE
30
1947
Earnings
"See
per
("i
share
common
above.—V.
Bell & Howell
$3,373,352
492,712
$1.31
113,687
" $0.23
165, p. 3275.
Co.—Earnings—
Period Ended June 30,
Net
1945
$5,440,593
470,305
$1.25
profit
1946
$7,072,920
Sales
3 Months
1947
pev
common
Black & Decker Mfg. Co.
&
sales
462,375.
$1.17
share
$1,311,672
462,375
preferred dividend requirements.—V.
Period End. June 30—
Net
G Months
$571,299
profit after charges and taxes
shares outstanding
Common
"After
$1,349,480
income
"Earnings
&
equipment
$2,840,000
Net
Net
Common
1631.
p.
11
"Earnings
Anderson-Prichard Oil Corp.—Earnings—
Gross
the
of
1947,
"business.
This
meeting
and due $234,000 each Nov. 1, 1948, to
Bids for the purchase of the certificates will
Oct. 23 at 2 Walt Street, New York.—V. 166, p.
1,
Net
1250.
p.
142,
Baltimore
this company for the
kwh., an increase Of
for the corresponding week
29.
and
loans
repay
$0.66
Terminal RR.—Directors
Chicago
Ohio
&
annual
the
"Adjusted
1470.
Zinc, Lead &
29
ment
$0.80
562.
p.
Baltimore
At
Banks—
so
360,810
share
per
166.
Earnings per common share
Weekly Electric Production Increased
9.49',;
Earned
1946
$252,633
360,810
shares
Sales
stock, together with a letter of
transmittal, to City Bank Farmers Trust Co., distribution agent, 22
William St., New York 15. N. Y., whereupon distribution will be made
certificates
their
surrender
1947
$354,731
Aug. 31—
common
or
to
additional
that
Imperial Diesel Engine Co.—Earnings—
Corp.—V.
$100.25 per share In cash (being an amount
share, plus accrued and unpaid dividends thereon to
date)
and a certificate evidencing the obligation of
tion
ago as Vice-President,
from the general man¬
Company's piant No. 2
year
a
such distribution. The com¬
for
company
per
company
income
Number
and deposited with City Bank Farmers
which has been appointed as distribution
certificates
and
distributed
such plans,
the date
as
delivery to
of New York City,
be
Hart
of
Months Ended
Net
Inc.—Dissolved
company
made
the
the
joined
been
has
Manager, going to the concern
International Business Machines
Poughkcepsie, N. Y.—V. 166,
p. 850.
—V.
1935,
its
first
by Step
pany
this
of
Act
with
proceeding
now
of
end
District
the
for
fields,
General
agership
in
prominent
long
N.les,
J.
Niles
Mr.
and
9
filed under the Public Utility
which have been approv-d by the
Exchange Commission
and the U. S.
District Court
of Delaware, this company has been dissolved and i;
plans
Company
Unit—
ATF, Inc.—New President of
Walter
Inc.—Registrar—
American Water Works & Electric Co.,
Under
$0.31
1469.
p.
registrar
offering
appointed
297,266-
..
1583.
p.
Atlas
Central
...
93,573
2)7,269
t;.xo-
share
common
manufacturing
estimatedi.
American Water Works Co.,
The
$2,584,142
186,381
$0.62
after charges and
sharer outstanding
165,
June 15,'46
June
sales
profit
14,'47
$3,848,816
Net
—V.
effect
Mists
from
.
Ended—
Weeks
$9.44
$8.20
$2.48
$1.67
i.
$1.63,
$1.09
....
Corp.—Earnings—
Artloom
24
Net
50,559,207
448,000
1470.
p.
Common
35,233,782
$1,063,992
458,000
.
.
share
per
166,
$309,143
-----
shares...
common
240,460,932
63,161,988
16,321,481
about
gain
income
of
1946
1947
6 Months Ended June 30—
6,684.404
inter.
T.
h
Co.—Earnings—
Farms
Arden
11.214 571
earnings
"Includes
or
warrants.—V. 166, p. 1330.
production of f'.ax in the State
107%.
Quarterly Report—Walter S. Gifford, President, states:
quarter
$
$
No.
stock
reductions
but
convertible
1947—12 Mos.—1946
$
a
plant
manufacturing
principal telephone subs.i
for the e'eaning of
linseed oil re'ining plant and a farm feed
which will utilize by-products from
the new
linseed mill.
Capacity of tire existing Kenedy e.evator will be increased
by 500,000 bushels.
Provision
is
made
for expansion
of the Texas plant as soon as
grains,
and
flaxseed
REPORT
EARNINGS
and
Co.
converted cctt^n.ced plains.
plant will inc ude facilities
at
five-story
new
started
be
wi 1
handled
was
area
The
estimated.
52,364.737
share
to
The
Telegraph
$9.10
$8.20
$2.32
partly
1947,
36.043 256
A.
Co.
Oct.
Telegraph Co.—New 2%% De¬
Authorized'—Files Issue With SEC—
American Telephone &
bentures
47,260 089 170,600,000 184,373,579
45,904,099 187.2BO.QOO 182,439,700
"274,366,552
deductions.
called
754.
p.
immediately on a $1,000,000 flaxseed
southern Texas as part of the company's
Archer, President, announced on Oct. 15.
The large modern plant, to be constructed on property adjoining the
company's flax elevator at Kenedy, brings an entirely new industry
to the southern part of Texas.
All flax eed hitherto processed in the
196,292,477
income
Consol.
25 cents
of
both
Builds New Plant—
56,477,584
income
T.
stock,
1946.
in
—V.
Applic,
dividend
special
a
regular
the
and
common
41,150,166
net i
inc.
Securities
14.5%—
Sales Increased
Co.—Sept.
1947—Month—1946
1947—9 Mos.—1946
$28,420,901 $24,811,534 $276,648,995 $214,730,041
Period End. Sept. 30—
Sales
the
expansion program, Shreve M.
1947—3 Mos.—1946
income
oper.
Total
ueclared
15
Oct.
on
quarter.y d vidend of 25 cents per share
payable Dec.
1
to holders of record
Nov. 20, and a special dividend of SI per share on the common stock,
payable Jan. 14, 1948, to holders of record Jan. 2, 1948.
Including tne distributions to be made on Dec. 1, next, dividends
in
1947
w.ll amount to -$1.25 per share, as compared w.th $2 paid
share
on
revenues.
Holding
Stores
American
directors
per
Net
produced during
and construction
162, p. 242.
industry.—V.
Archer-Daniels-Midland Co.—Special Dividends—
processing plant at Kenedy in
in a wide variety
Juliet
sizes
the
3046.
p.
19,718,589
$
Interest
tAfter
claim.
war
a
income arising from settle¬
preferred
dividend
requirements.-—
non-recurring
(net)
2G4 092.163
567,104.570 523,659,152 2,140,096,596 2 038,039,572
Operating
expenses. 467,218,321 408,519,373 1,701,995,673 1,493,730,437
Fed. taxes on income
14,880.737
19,013,920
74,746,297
117,976,342
Other oper.
taxes..
43.355,346
39.643,275
167,062,149
151,966,241
in
Nail Output—
The company's Juliet (Ill.t works has just established a new weekly
record for nail production
with the making of 28,723 kegs of nails,
Richard R. Snow, General Superintendent, subsidiary plant, announced
on Oct.
15.
The previous weekly record production, set last September,
The
165,
Wire Co.—Record
American Steel &
was
of
ment
$133,685
$2.70
$1.95
tEarnings per common share
"Includes
"935,654
340,000/
340,000
shares
31,520,000
CONSOLIDATED
&
6 Months
672,476
after taxes and charges
outstanding
profit
202,120,000
September,
Aug. 31—
Operating
7,724
$457,693
1,187,495
$1.64
outstanding
share
j
shares
Earnings per
Net
Common
4,987,200
$1.75
Telephone
Earnings—
3 Months
52,247,289
37,055,000
SYSTEM
BELL
Per. End.
arising
Caoital
27 310,000 "46,232,046
152,120 000 167,709,813
12,700,000
5.782,914
RrlO,000Drl5,632,605
129,897
47.765,000
(American
$3.99
$3,601,146 $15,753,367
9,695,000
for
3,746,024
$9.33
Apex Electrical Manufacturing Co.
2,069,861
Earnings per share
NOTE —Figures
10,854,835
Sales
46,750,000
income
160,6^1
5,993,835
2,247,811
2130.
p.
7,339,499
deductions
Applic. to min.
$1,951,439
1,187,495
—
income
Net
165,
42,703,032
(net)
Dividends
126,880
14,006,998
3,152,163
13,708,658
$13.18
3,570,000
110,000
income
Interest
144,041
19,787,829
6,079,171
_•
6,260,000
income
income
11,064 475
xcs.
36,110,000
income
Interest
203.000,000 217,455,326
34,976,719 145,100 000 146,952,018
6,871,000
19,590,000
14 437,000
2,536,910
11,000,000
9,834,262
3,770,000
2,705,000
income
on
t
stmre
per
The
51,724,123
37,335,000
expenses
taxes
operating
income
Surplus
Earned
$
50,770,000
Other
foreign
income
—V.
-1946
1947—12 Mos.
1947—3 Mos.—1945
revenues"
Operating
1,006,853
11,180,126
2,476,236
2,549,364
interest
Dividends
COMPANY
$
Net
9 Months
notify the com¬
instalment pay¬
TELEGRAPH
&
TELEPHONE
AMERICAN
OF
Pericd End. Sept. 30—
JOther
the System input of subsidiaries
amounted to 220,357,000 kwh., an increase of 26,855.000
over the corresponding week of 1945.—V. 166, p. 1469.
1947.
9,
Oct.
ended
week
the
Net
V.
Net
Weekly Input—
For
in September and
month. Under the
ments.
EARNINGS
1,344,589
23,566,514
2,760,405
6,672,231
Period Ended June 30, 114 7—
until October 31 to
purchase shares through
employees
2,528,915
34 716,583
3,720,238
and
Minor.ty
«
24,8,479,635
22,221,925
10,173,268
32,187,668
Interest
Federal
1945
O
,
593 343,824"268,194,885
revenues
income
capital
new
Plan,
approved by the stockholders, prospectuses
employees of the company and its subsidiaries in
to
and
operating
income
Total
converted.
been
sold $40,000,000 of debentures
5100,000,000 of debentures, this
subsidiary
532,554
130,360.
170,220
deduces.-
and other
Int.
235,642
122,035
Expenses
Income
the
$233,584,900
company's
have
'k,
+Net
Light Co.—
(as
Other
carrying out
of
In
plant.
and
Operating income after deprcciat on
is
American Power &
"Other
amounts
new
1946
1947
July 31—
$
sales
Net
15-year convertible 3%
debenture
bonds, issued in 1941, more than £5%
were converted into stock of
the
company.
The balance of $8,898,400 which was not converted
was
called for redemlph»h on Sept.
1, 1947, and the issue has been
retired. Of the $343,087,700 23/.»%
convertible debenture which b"came
convertible into stock April 15, 1947, some $45,000,000, or about
Of-
Total
,
4,981,252
subs.
Net equity
service better,
the
make
to
substantial
need
to
for
time
Years Ended
to
for
continue
to
program
(& Subs.)—Earnings—
Anderson, Clayton & Co.
wages
Construction
of com¬
income of
equity
pany
_
essential that telephone rates be adequate to pay
good wages and a reasonable return to the stockholders, enough to
keep their savings secure and to attract the new capital required
for
expansion
and
improvement
of
the
service.
this
Other
Net
■
become
have
amounting
demands
meet
Dividend
interests
nority
_
6,211,198
1,196,116
Balance
®Pfd.
9,924,372
acqui-
plan
of
43,896,513
38o,700
2,977,324
(net)
ductions
Amort,
40,824,524
199,451
A,._.
de¬
etc.,
public,
to
9,949,607
I)r25,235
9,902,215
(net)
income
Gross
Int.
9,849,990
52,225
revenues—
oper.
10,458,194
11,454,572
2,631,719
2,907,965
rates
increases
To
higher
of
result
a
telephone
One
Pldepl. res^approp.-^.
Net
„
33,052,984 151,376,116 137,687,638
13,804,280 67,486,934 55,250,379
4,479,837 19,004,196 10.899,436
2,787,541 12,605,8^0 11,183,116
37,792,841
17,480,735
Operating expenses
Other income
$
$
Operating revenues
Federal
1947—12 Mos.—1945
$
$
1947—3 Mos.—1946
Subsidiaries:
be
the
SUhs.)—Earnings—
(&
& Light Co.
Amelican Power
Period End. Aug. 31—
Other
completion of registration
upon
stock.
capital
with
Sommers,
tv..
-
and other increased costs, increases
necessary.
Up to the present time,
$'78,000,000 a year have been approved
or
made effective jn 24 states.
Applications for an additional $93,000,000 a year have been made in 17 states, making a total of $171,000,000 in rate increases already approved or applied for.
Applica¬
tions in other states will be made in the near future."
As
in
rate
President, has announced that the directors have
approved an increase in the company's capital and surplus through
the
issuance
of approximately
662,000 additional shares of capita
stock.
This stock, which has been authorized by the stockholders, will
•lie offered under subscription rights to the holders of the outstanding
Paul
..
.
Monday, October 20, 1947
CHRONICLE
THE COMMERCIAL & FINANCIAL
(1574)
$2.70
165, p. 1723T"
(& Subs.)—Earnings—
1947—3 Mos.—1946
1947—9 Mos.—1946
$4,368,554
$4,321,628 $14,128,452 $12,575,976
profit after charges
Federal
taxes
shares outstdg.
per .share
—V. 165, p. 3276.
Capital
Earnings
503,251
524,967
1,353,658
1,360,017
339,263
$1.30
389,263
$1.35
389,263
$3.47
38.9,263
$3.40
Volume
166
Number 4639
Bell Telephone
Co. of
\
THE
Pennsylvania—Earnings—
COMMERCIAL
-
&
FINANCIAL
California Eastern Airways,
Period End. Aug. 31—
Operating, revenues
Uncollectible oper. rev._
$11,541,151
23,466
14,706
|
$11,518,685
$10,807,075
9,247,364
8,288,047
70,056,291
63,599,639
904.598
1,014,481
8,351,142
$1,504,547
$12,343,922
$12,605,946
925,211
1,061,209
8,942,244
9,040,445
1947—Month—1946
1947—8 Mos.—1946
$10,8^1,781
See
$90,912,810 $84,937,266
__
161,455
96,236
$90,751,355 $84,841,030
Airways,
Inc.,
O'Brien
J.
With SEC—
has
announcement.—V.
an
The
resigned
accept.an offer
to
poration
President
as
from
166,
"another
director
a
of
company,"
this
cor¬
according
to
1147.
p.
company on Oct. 3 filed a letter of notification with the SEC
shares ($1 par)-common and $41,000
of 5Va%
sinking fundi
due 1957.
Price, $17.50 a common share and $100 a
debenture.
The securities are to be sold
through a director of ther
company,
Murray
Estes,
and
the
proceeds
used
for
purchase anil
for
and
3,500
debentures,
installation
*
Net
Net
operating
after
'V.
income
charges
166,
'
California Electric
(Mexican
(E. W.)
nounced
Bliss Co.—Places Notes Privately—It was an¬
Oct.
on
that
14
the
has placed pri¬
vately through Allen & Co. $3,000,000 of 3V2% promis¬
sory notes due Oct. 1, 1962, with the Massachusetts Mu¬
tual Life Insurance Co. and the New England Mutual
tiife
Insurance Co.
The
company
The
i
loan
ments
in
all
agreement
reductions
provides,
of
and
other
of
$200,000,
equal
charges
and
and
after
for annual pay¬
additional annual
of
$200,000
the
fixed
of
payment
assets
The
i
agreement
prohibits
the
of
payment
dividends
out
accruing after Dec. 31, 1946.
company
on
Aug.
8,
entered
1947,
Gross
Robert
cash
C.
at
Enos,
Unissued
Option
The
with
one-sixth
months
rights
each
granting him an option to purchase for
to 25.000 shares of the authorized but
up
stock.
association
approximately
six
share
a
common
continued
of
Chairman,
$31.25
the
following
expire
31,
Dec.
option
the
of
with
agreement
an
is
contingent
and
company
shares
during
Enos'
Mr.
upon
exercisable
is
of
each
the
78,717
892,236
966,207
$197,142
$246,460
$2,228,275
11,153
10,464
181,531
date
of
the
option
All
agreement.
Other
$208,295
$256,924
$2,409,806
$2,585,169
33,787
39,152
448,679
$1,634,281
$21,108,113
$18,780,50T
964,782
780,357
10,108,556
7,401,90*
107,837
127,691
1,702,037
2,536,566"
197,840
183,904
2,408,313
2,224,252.
125,000
125,000
1,500,000
1,500,OOO
$393,119
$417,329
$5,389,207
$5,117,789
374
3,829
53,988
$393,493
$421,158
$5,443,195
income
retirement
re¬
appropriation--
57,520
76,934
641,174
674,215
$116,988
$140,838
$1,319,953
oper.
revenues
547,944
income
$1,363,010
Other
income
Gross
income
166,
1147.
p.
etc.
Dividends
California Oregon Power Co.
revenues
annuities,
services
J
$7,410,595
97,610
211,839
cur¬
operation
Maintenance
45,641
81,411
63,025
1,557,964
1,123,162
2,210,282
1,624,798
391,287
293,981
559,777
412,834
Depreciation
470,619
432,503
690,866
636,223
of' limited-term
investment
4,387
income
on
pfd.
stock
4,410
6,592
for
share
V.
411,900
587,600
I
The
Its
outstanding
dividends
be
will
made
Broad
.be
St.,
each
&
Months
6
profit
367o
to
Chase
York,
into
for
Y.
On
stock
common
of
Laughlin, Inc.
Ended
after
June
chgs.
the
166,
^Earnings
973,017
$1,377,970
$2,203,440
$2,017,564
10
of
shares
the
13
shares
1.6
York,
New
to
2-for-l
split
in
of
Other
Gioss
common
Net
1945
$381,032
241,377
$1,776,187
Dr2,485
Dr697
18,119
$1,275,137
$1,216,429
$1,979,545
$1,786,804
393,211
.
392,674
584,746
590,373
$823,755
$1,394,799
$1,196,431
income
for
comparative
purposes.—V.
166
Stores
262,757
$1.81
t$0.71
165,
tAdjusted
Period End. Sept. 30—
+$0.50
effect
give
3276.
p.
1947—Month—1946
$7,026,441
—V.
166,
Borden
G.
and
1946
$4,671,123
$4,157,851
2478,374
1,817,529
administration-
has
•Company
acquired
thermosetting
The
America
involves
arid
as
the
of
one
15
Inc.,
a
molding
than
for
Provision
$49,183,293
for
Refund
Borden
the
Co.
leading
that
producer
and
of
varnishes.
acquisition
will
headed
Co.,
the
Under
laboratory
known
be
Em.ll
by
executive
•Of Borden Co.—V.
the
as
E.
direction
166,
Durite
Novotny,
its
Casein
Co.
plastic
opera¬
of
Plastic
President
William
immediately,
Division
Durite
of
F.
of
the
the
Net
Leicester.
held
now
new
Ended
June
Vice-President
*Loss.
dend
+Based
Sales
Compared
The
the
for
3,342,829
011
requirements
the
011
The
June
in the
company's backlog of orders
$178,682,000
compared
shares
Nil
with
on
after
1947
allowing
for
dividend
fitock,
With
and
cf
payable
$1
to
$48,030,185,
period.
June 30,
$159,359,000
Oct.
30
per
share
holders
to
Aug.
011
in
has
of
26,
and
were
a
1947
was
record
and
Nov.
29,
65
cents.—V.
Feb.
The
declared
Oct.
166,
755.
p.
45
the
on
This
20.
each
cents
165,
28,
May
p.
plan
value
100
common
compares
Feb.
on
The
28
and
Aug.
29,
45
•Capital
shares
Earnings
•—V.
165.
per
p.
wholly-owned
shares
751,172
the
Bulova Watch Co.
profit
Expenses
Profit
Other
capital
the
is
$240,020
324,786
$0.74
1946
$5,065,827
$3,937,640
mon
$3,317,757
1,399,225
1,167,597
$2,150,160
61,424
28,043
16,508
$2,874,916
$2,566,458
420,051
com.
New
stock
—V.
165,
303,471
1,141,594
$1,392,481
1,014,006
$669,664
649,762
649,762
649,762
$2.48
$2.14
$1.03
after
Provision
Net
for
a
The
324,881
$1.94
20,
be
would
approved
accordingly
the
exchange
each
former
three
ordinary
of
be
at
for
by
the
stock¬
by
supplementary letters
is binding on the com¬
of
stock.
1,000,000
of
The
certificates
and
C'.,
of
new
share
capital
of
entire
capital
par
no
plan
on
definitive
the
old
Canada,
stock
&
Federal
other services
1946
1945
$1,870,048
$1,714,208
400.394
taxes
391,279
152,150
certificates
Oct.
24,
Exchange,
declaration
non-voting,
payable
quoted
figures
do
not
wholly owned subsidiary.—V.
Commercial
and
Financial
$3.47
1476.
p.
include
$2,076 069
*472
148,686
165,
p.
$242,593
earnings
3276.
Associates—Meeting Adjourned—
this
Sept.
meeting
to
1947,
vote
the
on
its
and
company
18,
Arizona
Boston
The
shares
in
adoption
subsidiary,
adjourned
was
Light
Corp.,
of
10
plan
a
Central
Oct.
on
Aguirre
Oct.
to
Iff.
Power
&
Co.—Offering—The
and
1946,
67,044
preferreds.—V.
Central
the
represent
June,
additional
when
16S,
unsold
87,956
shares
balance
shares
of
in
an
original
offered
were
offered
were
at
exchange
offeringr
V2, and a;*
27
for
outstanding'
367,
p.
Cooperative Wholesale, Superior, Wis.—Regis¬
ters With SEC—
The company
basis,
13
filed
preferred
conversion
the
and
balance
will
be
There
from
struction
$25.75
which
of
the
A
offered
are
portion
is
to
the
stock
SEC?
will
and
patrons eligible
The price will vary
depending
will
inventories
be
used
and
tions.
the
011
for
eon-"
property
addi¬
Central Greyhound Lines, Inc.—Stock Issue
The
184
255 450
of
$216,734
Bush
class
for
of
the
for
preference
share
one
at
receive
a
the
such
new
the
of
the
office
share
no
shares
163,
p.
of
record
1947,
has
'
of
A
United
Works
produce
States
of
Steel
1947,
1947,
must
Steel
needed
steel
tons
Steam
program
tin
in
will
continuous
shares
of
151,
Federal
Nov.
be
that
10,
must
the
class
of
on
Corp.
sheets
now
Steel
and
annually.
of
tin
The
and
is
well
Corp.,
B
the
common
Nov.
under
will
that
Pfd.
mill
is
being
increased
13,
1947.
be
to
way
pro¬
at
facilities
process
also
of
manufacture
coating
are
erection
being
to
provided.
house
a
new
to
increased
025 5-.T
315,122
256,357
3,502,283
123,562
1,321,291
219.241
162,400
154,108
1,885,805
791,253
128,708
144,566
1,944,940
1,896.914
157.617
145,133
1,780,168'
1,634 642
$357,754
depreciation.
$400,797
$4,964,742
$5,093,1)87
2,102
4,783
39,148
120 r47
$359,856
$405,580
$5,003,890
$5,214.834r
.
oper.
than
Fed¬
income
income
._
deductions
-
118,347
126,581
1,471,364
$241,509
...
$278,999
$3,532,526
$3,372,157
67,085
67,023
804,412
1,150 704
-
income
div.
143,307
income
on
requirements._
1.842
0
as
17
Tenders Received—
The
Old
until
of
The
Trust
Oct.
17
106%
trustee
$116,590
and
had
for
Co.,
trustee,
received
mortgage series L
exceed
fund
Colony
noon
bids
3 '/2%
interest to
previously
investment
45
for
bonds,
Oct.
21,
the
Street,
sale
Oct.
to
1,
Boston,
at
Mass.,
first
of
it
1970.
end
prices not
1947.
announced
in
Milk
the
due
that
it
had
above-mentioned
in
the
.sinking-
bonds.—V.
166,
1476.
p.
by
be
completed
only by installation
Two
large buildings
galvanizing division
galvanized and long terne sheets with modern,
and forming equipment.—V. 166, p. 563.
facilities
1,494,450
the
capacity
Steel's
not
199,975
all
Central
6
Ohio
Steel Products
Months
Ended May 31—
profit after chgs. & Fed. taxes..
Capital shares outstanding
Earnings
per
166,
p.
Gas
signed
122.000
$0.85
$0.47
1945
$62,341
for
the
Leahy
of
the
U.
S.
District
an
order
enforcing
reorganization
of
the
Court,
plan
a
Wilmington,
proposed
Consolidated
by
Electric
the
&=
Co.
The
plan,
holders
of
the
132,000
Utility Corp.—Plan Approved—-
Paul
14,
corporation
1946
$111,519
176,000
share
Judge
Oct.
1947
$345,393
■
1252.
Central Public
Federal
Del.,
Co.—Earnings—
$1.96
Net
—V.
the
$15, 804,+ 41
299,106
income)
Net
of
modernization
unit
1947—12 Mos.- —j 9-0
109,424
(other
Other
business
1947;
where
plate
first
Carnegie-Illinois
Co.—Earnings—
com¬
of
fit
3550.
p.
$16,893,679
power
taxes
Gross
clas;
$1,424,498
and equivalent special
charges
Exchange
accompanied
by
be
redeemed
of
share
close
settlement
in
from
11,6'»®
outstanding-
$1,530,131
operation
for
exceeding
fnr
of
and
Maintenance
Prov.
Approved
not
outstanding
1947—Month—1946
Non-oper. income (net)-.
of
the
new
furnace, but by rebuilding the existing three furnaces,
improving
of handling facilities and enlargement of the slab storage
building.
New
pickling,
cold
reducing,
annealing,
temper
rolling,
shearing and tin coating facilities together with additional utility
service
shares
issue
exchange
200,000
value.—V.
par
in
pan
stock,
200,000
Power
revenues
purchased
Other
eral
plate.
capacity of
now
without
generation
Taxes
plant, is a new
heating furnace for the 80 inch hot strip mill, the basic mill
through which all steel is rolled before being processed into finished
are
and
to
company
(no
2720.
share
each
the
directed
expansion
Carnegie-Illinois
300,000
expansion
and
all
Central Maine
avail¬
be
Corp.—Expansion Under Way
major
the
much
the
stock,
stock,
the
stock
preferred
Period End. Sept. 30—
general
approximately
in
authorized
common
outstanding
Operating
cer¬
1475.
important part of
of
2
of
common
common
shares
par
will
notice
one
for
at
until
20,
10,
due-bills
of
value,
par
dividend
Oct.
Nov.
received
dividend
a
$25
held
10,
to
all
having
said
ex
Carnegie-Illinois
gram
Oct.
on
shares
shares
to
which
House
ICC
Atlanta
previously approved
Consolidated
Gas
Light
by the SEC,
preferred
Co.—V.
156,
will
p.
provides
receive
the
that
the
common
pubtto
stock
601.
Chronicle (Reg. U. S. Patent
Office) William B. Dana Company, Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9570.
Herbert D. Seibert, Editor and Publisher;
Dana Seibert, President;
William D. - Riggs, Business.
Manager, ■ Published twice a week [every Thursdayi (general news and advertising issue) with a statistical issue on
135 ;S. La Salle
Monday].
Othei
St., Chicago 3, 111. (TelephoneT;State
0613); 1 Drapers' Gardens, London,
E. C., England, c/o Edwards & Smith.
Copyright 1947 by William B. Dana Company.
second-class matter February
Reentered
25, 1942, at the post .office at New York, N. Y., under the Act of March
3, 1879.
Subscriptions in United States, U. S. Possessions, Territories and Members off Pan*
American Union, $35.00 per
year; in Dominion of Canada, .$38.00
per year.
Other Countries/$42.00 per year.
NOT!:
On account of tha fluctuations in
the rates of exchange^ remittance for foreign subscriptions and
advertisements must be made In New York funds.
9
William
offices:
be»
dollar-for-doila*
a
December,
Proceeds
of
with
the
on
members
to
sold.
expansion
of
notes,
underwriters.
110
January
stock
warehouse,
registration statement
outstanding
to
in
a
stock.
of
members.
$25
quarter
Oct.
on
$750,000
for
become
from
which
provided
thereof
will
1947.—V.
Nov.
after
prior
that
of
of
value,
par
delivered
and
and
$248,244
above
240,000
$2.75
share to dealers.
a
par
each
of
of
$6,800,000
surrender
fractions
for
about;
or
Stock
no
made
p.
The
1947
charges
240,000
$1.74
BIyth & Co., Inc., on Oct. 7t
offered 45,268 shares of $1.10 cumulative
preferred stock.
($25 par) at $24.50 per share, with a discount of 50 cents
par
for
value,
also
aggregating
no
$10
stock
of
The
of
arrearages
B.
new
shares
outstanding.
Nanaimo,
shares
two
outstanding
shares
presentation
on
that
1947
not
166,
sheets
Co.—Earnings—
income
NOTE—The
Ltd.,
rents
the
stock
slab
Ended June 30—
Revenue from
Profit
$631,363
■
1724.
Bush Terminal Buildings
6 Months
financing
was
and
become
in
the
of
due-bills,
207,543
197,684
864,701
$1,608,871
p.
240,000
$1.36
1351,
p.
Central
Ltd.—Recapitaliza¬
confirmed
fractional
York
of
contracts
An
share
which
was
and
certificates
stock,
stock,
Oct.
on
313,755
236,687
stk. outstdg.
per
the
bonds
addition,
common
of
dated
166,
First
to
$2,166,668
451,729
978,743
profit
V.
Net
Irwin
Net
$833,73T
240,000
outstdg.
share
special stockholders'
386,000
dividend
delivery
company
1944
excess
Earnings
of
mortgage
In
pari
for
Cannon Mills Co.—Stock Dividend Ruling—•
common
1945
$2,538,415
taxes-
and
See
324,786
$0.73
—V.
income
first
107.18.
<$25
(Dunsmuir),
of
expected
for
2,252,334
profits taxes
than
shares
Commission
1351.
p.
of
fractional
able
42,716
Fed.
$659,624
2132.
reorganization
Sugar Co.,
therefor.
and
Subs.)—Earnings—
471,278
for
lor
will
company
1945
$3,295,580
charges
Depreciation and
$418,483
166,
offered
Utilities
3V2 '/
less
not
Proceeds
1947,
par
stock,
1946
$2,813,492
Other
6,
consists
Holders
certificates
income
164,485
Bonds—
$1^^0,000
of
1947,
stock
$1
shares
$237,525
$3,252,864
oper
income
Gross
Shs. of
of
now
$878,404
2,548,461
from
1947—6 Mos.—1940
$325,647
Dahlberg, President, on Oct. 9 announced the appointment of
W.
Taylor as
Public
Relations Director of
the
corporation.
Taylor, who retired as Assistant Publisher of the
Chicago Sun
October, 1946, began his new duties on Oct. 6.—V.
in
EARNINGS
1947
$5,801,326
of
California
arrangement,
or
stock
$2.70
(&
166,
provided
elimination
new
3276.
3 Mos. End. June 30—
the
16,652
share.
a
Oct.
capital
The
Gross
subsidiary)
1947—3 Mos.—1946
chgs.
shareholders.
324,786
outstanding
share
sell
sell
25
preference
company
of
its
1947
taxes.
Sale
Collieries
dated
and
value
3276.
27
$30
June
on
patent,
It
Quarter Ended May 31—
profit after chgs. & inc.
Net
bo
will
program.—
Mr.
covering
to
price
a
to
compromise
tificate
CONSOLIDATED
than
Canadian
approximately
ago.—V.
year
been
last,
follows:
as
shares
construction
nrrw
one
Frank'
$480,859
tion Plan Effective—
stock.
1946
and
at
construction.—V.
pany
1947.
Payments
each
cents
share paid
per
May 23,
•Cents
75
and
proposes
less
divi¬
Buffalo Forge Co.—Declares 75-Cent Dividend—
A
has applied
issue
to
15
holders
amounted
152,903
Permission for
company
Oct.
*2,211.425
stock.
30,
1946
for
offered
of
1946
+$0.89
preferred
ended
quarter
with $27,049,984
used
under¬
be
basis
unsubscribed
any
be
the
Celotex Corp.—Public
Relations Director—
$645,344
stock-
$510,212
authority
$47,505,235
3,340.340
common
$5
937,739
$663,115
preferred
new
1947
$92,477,707
Net profit after taxes and charges
Earnings per common share
451,659
Crl04,649
j.
not
30—
$1,583,084
1945
income
cn
Seeks
Inc.,
Co.—Earnings—
Months
6
and
will
stock
the
on
the SEC
of
will
name
The
Bror
25,394
re¬
Balance
by
gales
$1,557,689
$1,114^(774
to
income
Dividends
Borden
Plastics,
Crl8,681
19,230
in
due
tax
deductions
company
Budd
164,
made
Income
of
1042.
p.
p.
384,366
299,269
income
on
profits
valued at approximately
through
Effective
space.
408,308
taxes
excess
Total
in the industry, Mr. Montague said.
The Borden company is acquiring the Durite office and plant facili¬
in Philadelphia, Pa., including
18 bui'dings on a 13-acre tract of
additional
shares
per
281,145
$1,095,543
tions
and
The
stockholders
taxes-,-
240,452
393,721
income)
on
the
thermosetting
principal
taxes
depreciation
Federal
1944
of
Non-operating
announced
ties
land,
Federal
Balance
compounds
exchange of stock,
an
establishes
division,
Oct.
on
Plastics,
resins,
Capital
of
295,907
(other
Provision
1947—9 Mos.—1946
$54,311,967
$6,991,576
President,
Durite
synthetic
transaction
$3,000,000,
Taxes
demption of bonds
Montague,
registration statement with
common.
amendment.
Central Aguirre
1947
levenues
Operating
Co.—Acquires Plastics Concern—
Theodore
Federal
The
12 Months Ended
Aug. 31—
Operating
1147.
p.
after
—V.
California Water Service
Co.—Earnings—
262,757
to
Co.—September Sales Slightly Higher—
.Sales
profit
1351.
p.
Maintenance
Bond
780.44®
$2,551,48*
10,617
(net
income
780,440
$271,602
requirements.
1946.—V.
242,014
$1,961,426
deductions
■Adjusted
1946
$959,104
taxes
160,844
$1,217,126
$881,926
income
Income
525,514
August,
161,564
a
par)
(Including
Net
&
may
1947
Fed.
dividend
preferred
elec¬
plant
period—
Castle & Co.—Earnings—
Earnings
1
'-After
of
1,864.909
$3,331,922
by
Proceeds
832,581
$1,277,622
-Earnings-
share—
common
per
Nov.
of
rate
City
1351.
p.
30—
&
the
of
before
or
at
preferred.—V.
Bank
shares outstanding
•Common
lease
.
cents
National
N.
tric
redemption on Nov. 14, 1947, all of
preferred stock at $55 per share plus
per
share.
Immediate payment
convertible
The
New
share
Bliss
1
$2.25
at
converted
Net
called
amounting
II
lor
has
company
for
for
1,787,780
$3,655,415
common
to
each
(A. M.)
805,800
593,499
(no
announced
publicly.
p. 1351.
166,
6,615
310,700
676,154
for
filed
8
shares
be
subscription
offered
Oct.
on
90,935
will
Period End. June 30—
Rent
163,49.4
$2,874,975
company
covering
writer
Other
to
$5,196,82*
Registers Common Shares With SEC—
$6,611,279
The
188,712
57,605
applicable
79,039
.
$257,664
.
1947—12 Mos.—*1946
$4,471,778
3,244
annuities,*
Federal .taxes
Other taxes
139,734
$253,759
Balance
past
service
Amort,
Earnings—
1947—8 Mos.—*1946
$4,911,146
____
Retire,
Retne.
charges
{let income
Period End. Aug. 31—
Operating
(net)
income
Interest,
Net
-V.
on
1950.
Calls Preferred Stock—
.1947—12 Mos—1948
$1,788,578
taxes
serve
1
i
taxes
-Earnings-
1947—Month—1946
revenues
1724.
p.
28,011
(net)
$1,439,186
the
on
$2,557,158
deducts.
to
as
periods
six
56,179
Light Co.
expenses-
Fed.
and
income—
taxes
rent
into
3,936,080
Fed.
«0f .earnings
The
4,999,571
Total .income
$200,000.
except
386,462
Operating
Operating
Net
i
loan
$7,459,445
500,502
revenues
Other'income
'The
unpaid balance is due in full Oct. 1, 1962.
The .agreement also provides for a reduction in the interest rate
to 3V4'■'<
per annum
in the event the loan is prepaid to the extent
■Of $1,000,000 prior to April 1, 1949, from the proceeds of the sale of
$8,120,082
&
Period End. Aug. 31—
.1947—12 Mos.—1946
$711,639
1
Net. oper.
machinery and for working capital.—V. 165,
Carolina Power
consolidated)
Property
nef earnings after
15'/
to
costs
expenses
i
fixed
not
of
Subs.)—Earnings—
$753,823
oper. rev. deducts.
Noil-utility
things,
other
among
principal
not exceeding
taxes
(&
1947—Month—1946
revenues
oper.
Utility
net
proceeds thereof, together
With other funds, will be used to redeem the $2.25 con¬
vertible preferred stock (see below).
payments,
Co.
subsidiaries
Period End. Aug. 31—
Total
\
Power
1350.
p.
'
t
3
Carney-Pacific Rockwool Co., Longview, Wash.—Files
below.
President Resigns—
J.
Operating revenues
Operating expenses
Operating taxes
Slick
(1575)
Inc.—Merger Off—
8,635,445
$1,366,723
CHRONICLE
off
4^ (1576)
.'i
Colonial
Central Soya Co., Inc. (& Subs.)—Earnings—
4
■
Period Ended June 30, 1947—
Net
Operating protu
Interest, <.„c.
,
1,679,332
2
s
co.t
oi
subsidiary
book
over
value
stock
of
shares
Earnings
r-V. 166,
Cr25,413
118,462
$2,225,205
660,000
$3.37
$5,008,527
share
Oct.
&
Tl:e
$7.o9
Split-Up—
itockholder-3
is
proposed
will
14
Nov.
on
on an increase in the
com¬
split-up of the common stock.
vote
declared
the
on
regular
a
Sales
sales
the
for
th;
for
period
same
Sept.
ended
months
nine
30
of
to
Lehman Brothers
Weeks
Q4
the
Federal
taxes
income
State
and
During the
Brothers,
the
Net
Capital
profit
r
shares ott.landing
per share
cicc
—V.
«i
$3,65
in
$1.10
RR.—Equipment
Illinois
Eastern
Trusts
& Co. Inc. and associates are
offering at prices to yield from 1.30% to 3%, according
to maturity, $3,450,000 2%% equipment trust certificates
series E. dated Nov.
1, 1947, and due $115,000 semi¬
1.5625
& Co. Inc. in the offer¬
ing
Co.; First ot Michigan Corp.; Martin, Burns & Corbett,
Inc.; Mullaney, Ross & Co.; Alfred O'Gara & Co.; The
First Cleveland Corp.; Mason, Moran & Co.; and F. S.
$102
$1.50
Hear Plan of
The
ICC
The
has
ICC
taking
Island,
si uation
financial
in
recent
the
to'd
reconsideration
full
give
to
Rock
ihe
for
plan
ready
is
Situation—
Road's Improved
Consider
into
to
improved
road's
the
account
reorganization
a
being
30 days'
the
in
after
give
will
it
Court
Supreme
S.
U.
at
for
The
ICC
Chief
to
if
road's condition
the
on
in
action
Vinson.
Justice
Island
Rock
the
this
In
ca
Aitchison,
Clyde
letter,
the form of
in
was
e
shares and
company
consolidation
Inc.
Co.,
ol
Co.
Yellow Cab
Chicago
166,
1947—6 Mos.—1946
"$86,976
$282,811
"$54,428
$123,899
loss
"Profit.—V.
Subs.)—Earnings—
(&
Inc.
1947—3 Mos —1946
Per od End. June 30—
Jan.,
on
the
14,
of
C9%
The
for
1947
which
to
:
Peabody
&.
&
of
that
believes
col
and
ales
and
portion
in
rate
of
1,
1948,
from
are
the
at
case
cents
Cincinnati Milling Machine
for
the
unless
stock
of
sb
Common
"Earnings
"After
share
common
per
Re-
issue
of
year.
second
trade
pre¬
the
4,
in
mo.de
sold
by
as
a
5%
for
corporation
The
of
construction
the
of
the directors have approved plans
$100,000 addition to its plant in Burbank,
a
that
the
largest
from
Uniteu
SLa
In
es.
handkerchiefs,
accounted
were
for
men's
the
undershorts
which
apparel
approximately
shirts,
18%
by
by
handkerchiefs,
of
addition
items oi
kauleu
other;.
During
1943
by
collars
and
pajamas.
subsidiary.
a
The greater part of the company's
directly to se'ected retailers in the
salesmen
also
company
in
sells
its
products
countries
many
consolidated
...
Thfe corporation
Inc.,
which
nlck
and
of the stock of Film Classics,
produced by Goldwyn, Selz-
has also acquired 100%
reissues of films
distributes
Ilorda.
will
It
commitments.
international
an
distributing
outlet
having either Cinecolor or black
a
majority of the new product
producers
independent
be
However,
and
for
white
will
be
in
sales
Finance
Cinecolor
formed
to
provide
for
Corp.,
wholly
a
laboratory
of
financing
the
production and for the financing of release
Acting as a service organization, this new
distributors
of
them
take
to
putting
166,
production.—V.
advantage
that
money
uo
of
subsidiary,
owned
has
charges
been
during
prints for the distributor.
unit will allow producers
Cinecolor
otherwise might
well
as
used
be
relieve
as
additional
in
to
the
in
wholesalers
to
abroad.
made
were
(Del.)—Debentures Placed Pri¬
vately—An issue of $20,000,000 2%% sinking fund de¬
bentures, due 1967, have been placed privately through
The First Boston Corp., it was announced Oct. 14.
Substantially
the
East
the
of
all
companies
utilization
With
oil
of
started
was
be
will
for
used
of
also
construction
new
improving
allow
end
the
the
be
will
1.—V.
cracker,
quality
and
recovery
and
tankage
will be increased.
gas
35,000
day
a
163,
in
the
barrels
over
middle
day
a
delayed
a
waste
In
1948
of
for
Canada
of
The
company
shares
the
of
dealers.
The
Oct.
on
of
filed
8
and
5%
in
Kalb,
stock
will
sold
be
at
of
notification
behalf
on
Voorhis
&
of
D.
Co., New
market.—V.
160,
p.
is
presently
from
Electric
Approves
Bidding—
The
Chio
bidding
of
issue
The
let
tq
New
other
financing
not
The
a
44
wFh
refused
firms
on
a
Oct.
10
to
tue
order
syndicate
the
present
ignored
""'all
better pri.e- could
$4,50
the
Street
the
plea
by
is
preferred.
of
Otis
domination"
be obtained at
to
company
headed
issue, .which
a
&
and
go
contemplated
now
GIVING
4%
stock,
7%
preferred
cumulative
shares
2nd
preferred
(no
issuance
of
of
166,
Cleveland
by competitive
lower cost.—V.
will
AGENT. AND
its
plan
166, p.
plant
31,
share
to
Co.__
Brothers
&
Stearns
in
other
for
A.
1946,
by
names
be
Kraus
&
2.656
Co
of
10,832 %>
.885
Co
&
the
company's
be
required
nevertheless
166,
&
Anderson
Ripley
&
Harris, Hall & Co.
the
corporation
dated
to
Nov.
30,
and
$7,000,000.
borrowed
Jan.
The
15,
1946
$811,447
funds
$1,000,000 Add'l—
additional
an
providing
Sept.
on
30
added
were
$1,000,000,
maximum
borrowing
under
to
loans
this
working
of
agree¬
capital.—
1476.
p.
Commonwealth Edison
ciated
companies,
week
ended
sponding
totals
of
the
of
the
11,
a
past
sales
1947,
year
to
showed
weeks
and
Edison
other
the
are
and
utilities,
increase
percenetage
Week Ended—
Company
electric
8 7
an
Following
ago.
four
Co.—Weekly Output-
Commonwealth
excluding
Oct.
week
asso¬
for
the
over
kilowatthour
comparisons
the
corre¬
output
with
1946:
8.0
194,519.000
10.0
209,494,000
193,279.000
8.4
209,422.000
4
1946
197,146.000
213,962,000
11
Oct.
1947
212,856.000
Oct.
193,189.000
8.4
..I
Sept. 27
Sept. 20
166,
Inc.
1476.
p.
Commonwealth & Southern
The
of
weekly
this
territory
974.C49
1946,
opera-
for
served
as
compared
the
by each
for
Utility
&
property
munity
Marx
offered,
282,435
conversion
of
certificates
S.
Noyes
(Inc.)
&
&
for
York
.885
second
percentage
Co.
Chas.
Stone
1.328
The
W.
&
Co.
ities
Spencer
&
Co.__
&
Co.
Co.
.664
1.328
3.098
Webster
4.426
Trask
Co
&
1.770
Tucker, Anthony & Co.__
1.770
Union
5.311
3.038
Watling,
.885
bidding
Kidder, Perb^dy & Co.__
Kuhn,
5.311
Securities
Wertheim
Corp.__
Lerchen
&
304
-
in
such
Co.,
had
amount
preferred
stock,
the
date
not
plus
of
Water
represents
$7
-_uch
share of any dividends paid on
Such
payment of $193.53
surrender
the
by
at 80
company
cf
share
full
share
one
Community
(he
of
Water
per share
from Oct. 31,
minus
be
now
pre¬
the
the
rights of such stock¬
$180
the
for
such
1945
31,
to
per-
1945.
immediately
such
Y.—V.
N.
of
amount
made
certificates
York 4,
Curb
first
pursuant
to
will receive
Inc.
all
of
York
New
cumulative
shares
and
will
in
1947.
$7
annum
of
New
their
City of
and
prelerred stock after Oct.
holders
Broad Street,
of
Co.,
sum
per
exchanges
such
per
the
upon
this
the
share
per
making
1/20
14,
such
Works
the
of
thereof
011
company's
exchanged
surrender
Bank
$1
share in full satisfaction cf
per
Such
this
Com¬
of
Holders' of
Inc.
value
par
under
Water
including
bocks
to
share
stockholders
stock,
of
transfer
National
each
Works
filed
American
permanently.
reque ted
for
plan;
by
subsidiaries,
shares
166,
to
1352.
p.
Congoleum-Nairn Inc. (& Subs.)—Earnings—
Months
6
Sales
Ended
June
30—
1947
(net)
of
goods sold,
Depreciation
selling & admin,
expenses
1940
$21,114,377 $11,714,000
16,756,719
*
_
Profit
Other
from
•
282.3a9
247,249
$4,075,329
operations
$937,540
income
Total
115,411
190,435
$4,190,740
Prov.
income
for
Net
Fed.
&
stale
income
$1,128,025
taxes-
1,636,400
Balance
Dec.
431,600
$2,554,340
$696,425
16,071,211
income
15,271,163
31
Total
$18,625,551 $15,967,589
Dividends
paid
621,500
621,500
$18,004,051 $15,346,089
Common
shares
per
outstanding
1,243.000
1,24 <.000
share
$2.05
$0.56
common
stated.
CONSOLIDATED
BALANCE
SHEET,
JUNE
30,
1947
ASSETS—Cash, $2,876,888; U. S. government and municipal securitic
cost iess amortization
(market value 5,622,316),
$5,557 216' ac
counts
receivable
(less
reserve
$233,790),
$2,909,488;
inventories—a
lower
of
cost
or
market, $9,623,895; other security investments—a
cost,
$705,588;
treasury stock—at
fixed assets—at cost
$1,368,486;
$15,753,568),
etc.,
deferred
$1;
LIABILITIES—Accounts
Federal,
surplus
of
state and
stock
(issued
(of which
common
local
cost
1147.000 shares
(after
reserve
common
stock)
depreciation am
goodwill, trade-marks, patents
$90,849; total, $37,184,273.
charges,
payable
and
accrued
charges,
$1,864,016
reserve*,
$3*119^921
taxes
accrued, $2,545,665;
1,390,000 no par shares),
$1,368,486 is restricted
stock),
for
$14,051,863;
$18,004,051;
total,
on
$11,650,620;'
account
of
$37,184,273.—V.
the
165,
earnei
re'purchas
p.
70.
Consolidated Cigar
Period End. June 30—
Net
profit
after
Federal
and
shares
Corp.—Earnings—
1947—3 Mos.—1946
"$321,911
outstdg.
$213,165
t$754,029
*$503,275
277,500
277,500
277,500
277,500
$1.16
$0.77
$2.71
Earnings per com. share
"After
p.
$125,000
reserve
contingencies.
for
1947—6 Mos.—1946
chgs.
taxes
*After
70.
for
contingencies.
tAfter $250 000
$100,000 reserve for contingencies
'
$1.81
reserve
V
165
'
*
Secur¬
3.098
4.426
to
week
1476.
p.
the
1935
stock
Chase
Water
American
of
of $193.53
final
shares
whs
offer
holders.
1.328
_
Corp.
3.093
166,
its
closed
been
The
of
common
of
stock,
Common
Hop-
..
Scranton
&
&
to
the
been
exchange
rights
the
and
have
American
of
holders
ferred
.664
3.0°8
Shields
amounted
corresponding
to
of
of
Co.
was
suspended from
dealings
Exchange at the opening of business 011 Oct.
3.098
Co
Schneider
1.770
the
Service
.G64
Co.
1.770
Co._
Weeks
Co
H.
in
Act
certain
have
stock
all
Accordingly,
follows:
&
Jaffray
3.£83
Co._
&
E.
Co.,
Co,
said
of
and
stock
receive
to
stock
common
Co.,
of
wood
Johnston, Lemon
&
the
and
&
and
&
for
pursuant
Ccmpany
Service
Co.,
Trust
Maynard H. Murch & Co.
Piper,
energy of subsidiaries
business conditions of
1947
.885
Miller
Moseley
Newman
9,
11.66% .—V.
or
dissolved
Inc.
Service
common
satisfaction
processes,
Trust
series
Co
&
Mead,
F.
electric
general
Oct.
273,124,391
been
Co.,
Water
Water
Community
"Not
677,844 shs.
for
as
ended
31,849,658
Holding
Electric
Community
New
has
company
Public
Works
Earnings
Lawyers
are
of
show
—at
initial
the underwriters
to
week
with
of
Corp.—Weekly Output—
output
Community Water Service Co.—Dissolved—
The
FINANCING
now
and
agent
ior
the
for
increase
an
hour
adjusted
the
33,970 shs.
reserved
kilowatt
corporation
Outstanding
Putnam
Co.,
Hayden, Stone & Co
Loeb
Pictures Corp.—Borrows
15
agreement
totaled
ment
V.
1947
undertake
purposes.
stock
initially
Co.,
4.426
Hemphill,
-Earnings—
im¬
33,990 shs.
.885
Evans
Ellis
its
$10,000,000
general
11 ?.°74 shs.
purchased
1,770
Michigan Corp.
Forgan & Co
Harriman
Co.-
in¬
plant
such
REGISTRAR—Manufacturers
10.832
Inc.
Green,
Elevator
"Business."
the
from
PRESENT
.664
Clement
$39,583 767
$869,950
Sept.
common
American Secur. Corp
Burge
Milling
Columbia
On
under
factors
improvement
caption
funds
not
TO
preferred
be
Electric
1476.
Dec.
stock.
Goldman, Sachs &
Ball,
$9,994,228 $117,678,745
266.
p.
obsolescence,
unsubscribed
Lehman
competitive
preferred
stock
maturing
seasonal
stock
second
transfer
a
—
1947—9 Mos.—1946
income
—V.
and
150,000 shs.
registrar
Commis¬
Ca.
necessitated
"1,000,000 shs.
the
stock
common
Hornblower
that
of
notes
share;.
TRANSFER
cf
1947—4 Wks.—1946
1048.
p.
Colorado
Cost
indebtedness
$100)
par)
stock
"Upon
(par
the
as
Trust
since
the
may
$100)_
(par
cum.
stock
the
Dillon, Read & Co. Inc.,
be exchanged share-for-
that
for
be
to
Co.,
or
be
with
other
payable
and
the
will
EFFECT
will
SEC
with
additional
will
act
levels,
accumulated
Y.,
Competitive
ahead
incur
or
Inc.
authorized
house
market
of
as
$7,000,000
of
Co.
incurred
that
company
Y.,
the
notes
Trust
under
financing
The
N.
order
$25,000,000
applied
Authorized
Preferred
Glore,
Commission
investment
Commi""ion
under
Without
funds
N.
428.
Co.—State
Preferred
of
will be obtainab'e
York,
rompanv.
York,
share
was
Illuminating
of
to
contemplated
program.
CAPITALIZATION,
First of
Utilities
amorg
the
a
Sale
connection
program
additional
this
additional
Second
$1,881,083
Quarter Ended Aug. 31—
term
that
of
Burrham &
Cleveland
in
referred
program
also
end
Bear,
sion
be
which
company
inventories
price
York,
Stoneleigh,
other
increased
higher
New
will
deducting
therewith,
wi'l
Manufacturers
The
New
with
R.
after
$1,875,000
Manufacturers
an
York,
from
company
connection
'consisting
of
payable have been
expenditures
It
and
preferred
letter
a
being sold
common,
company.
York,
Troy.
by
business,
U NDER WRITERS—The
for 500
New
carrying
of
provement and expansion
capacity
refinery,
City Baking Co., Baltimore, Md.—Files With SEC—
director
the
proceeds
the
of
total
a
in
of such
payab'e
and
by
offered,
now
company
Construction
1280.
p.
stock
$8,875,000,
to
held
notes
short
receivable.
coker
disposal
1948,
the
received
portion
notes
Bank,
Bank of
are
term
for
as
additions
Sept. 27—
aoorox-
borrowings may be made for these purposes
prior to the receipt of the proceeds from this financing.
The
remainder of
the net proceeds will be added to the general
funds
of
the company and will provide in part additional working.
capital to finance expected future increases in inventories and accounts
such
capacity.
present
A
payable
City
1952
expansion
Common
catalytic
laboratories
to
barrels
Aug.
It
of the construction
runs
3.000
will
the purpose
fluid
a
propane
completion
crude
for
for
by-products.
include
Output of
increase
proceeds
products.
will
additions
various
system.
the
refinery
additional
of
Installations
and
of
Chicago
be
(he
of
es
National
purpose
well
as
lions,
at
ail
ox
to
preferred
amounted
volume
creased
purposes
Cities Service Oil Co.
proceeds
expen
notes
National
funds
368.
p.
net
second
1047
The short
for
$2,225,528
1476.
p.
exchange
$11,205,941.
payment
Additional
Cinecolor.
The
to
Chase
The
$5,136,220
dividends
166,
Net
the
manufacturer
countries.
the
term
annually
Calif.
and
of
31,
Aug.
220,107
2,602,103
$12,181,482
—V.
was
under the nationally advertised trade
the trade mark "Rcsilio" is used for a portion
agents
estimated
amount
the
to
262,476
1,576,665
Colonial Stores, Inc.—Current Sales
Up 22%
payable maturing annually to 1952.
Of the short term notes payable,
$2,500,000 is
represented by commercial paper purchased and resold
by Goldman, Sachs & Co. and the balance is Represented by borrowings
(Calif.)—Plans Expansion, Etc.—
announces
sale
will
180,244
3,438,634
$3,276,174
income
Sales
the
was
chiefly
through
sa'es
foreign
$150,000
195,745
2,195,000
on
Shirt
whien
of
a
fabrics.
&
1901,
first
of
of
1913,
Col'nr
Apex
incorporated
and
rayon
Feb.
on
The
marks,
fabrics
types of
York
and
manufacture
them
by
are
States.
short
preferred dividend requirements.—V. 165, p. 2274.
Cinecolor Corp.
The
$464,114
850,000
$0.4'j
tanding
cut
-res
June 15,'46
$313,417
850,000
$0.32
Federal taxes
and
116,122
$4,703,300
deductions
166,
—V.
certain
unuerwear,
thrcugh
the
June 14,'47
profit after charges
1x4,613
$4,034.66?
237,790
upon
1 of each
the
of
of
(such
reductions
date
textile
certain
New
the
sales
13%
PURPOSE—The
Co.—Earnings—
Weeks Ended—
12
17b,4u8
$3,755,0.99
1,355,688
—V.
sum
Net
180,455
$5,666,920
237.790
per
share
one
with
"Sanforset"
cotton
of
Co.
is
in
subsidiaries
neckties sold
other
$4,587,177
concession
1957,
preferred
the listing
Exchange.
Co.,
and
are
$3,950,051
1,355,633
of 79,177
25
1,
second
partueranipa,
it
a"
"Arrow," although
United
$8,576,630
income
Electricity output
Oct.
the
at
and
in
Peabodv
and\ uunuu.e
products
the
of
3,224,259
$5,481,465
opers.
237,790
NASD.
accrue
for
process
consolidated
neckties,
from
2.033,532
to
market)
selling
a
of
the
of
Stock
incorporated
&
manufactured
are
$1,362,917
2,985.905
118,895
being
cents
unsold
April, July and Oct.
applied
York
succession
its
pajamas
imately
266.
p.
Oct.
prior
.
and
$964,145
5,294,652
677,844
warrants
are
underwriters
in
allow
to
stock
stabilization
Cluett,
a
and
company
$3,281,978
Common
1851.
in
formed
$5,716,854
4,353,937
"Sanforized"
Prov. for taxes based
income
share.
the
and
from
of
"Sanforized"
the
was
of
Cluett
outgrowth
mark
Net
of
12.5
per
the
dealers,
value
par
has
the
for
process
neckties
.
from
$102
which
and
Dividends
shrinking
compressive
shirts,
.
was
date,
security
common
New
of
promotion
The
4,211,816
$2,183,648
sales
income
Total
BUSINESS—Company and its subsidiaries are engaged
principally in the manufacture and distribution of the "Arrow" brand
of
men's shirts,
neckties, underwear, handkerchiefs and collars, and
a
$5 175 961
5,198,336
AND
company
District Court by
sent to the
material changes
p'an
at
warrants
dividends
$40
payable
the
on
The
the Commission,
there
have been
in the situation as it affects the
condition of 'he debtor.
The Commission, of course, does not attempt
to appre.i-e
'he «?r«:t of these changes. .
.
The Commission is pre¬
pared to give a full hearing on the facts."—V. 166, p. 1476.
the
"Since
of
member;
into
price.
are
chair¬
ICC
said:
man,
stock
the
$8,480,315
3,202,503
exps.
(in¬
warrants
subject to adjustment under certain contingencies).
company's option, in whole or in part at any time
letter
a
company,
shares
(representing
convertible
is
each
ranging
notice, at $106 per share prior to Oct.
HISTORY
in
fr.
Other
100 shares of second preferred
shares
and
that
to
stock
redemption
ferred
full
new,
a
the Court will remand the case to
the Comm'ssion.
The original
plan of reorganization was ordered
into effect by r. Circuit Court of Appeals, but this order was appealed
to the U. S. Supreme Court, where action is still pending.
hearing
of
exercise
72,653
basis
stock
certain
to
redeemed,
stock
chemical
years.
the
the
of
to make a general public offering
exercise
reallowed
preferred
e'eemab'e
from
Income
Net
stock
before concessions to dealers;
shares of second preferred stock
prices
at
accrued
p.us
share
be
may
common
adm.
$5,386,152
3,297,816
&
royalties
Other
194.4
Preferred dividends
preferred
exercise
upon
v'hen-issued
shares
LISTING—Company
Will
profit fr. sales-
gen.
Period End.
28,300
prexerred
the
delivered
per
previously
the
Pacific Ry. — ICC Asked to
Reorganization—Notifies Supreme Court It
the
upon
remaining
and purchased
a
propose
second
share,
per
shares
21,709,710
com¬
period, Goldman, Sachs & Co. and Lehman
of the underwriters, sold 19,876 shares of
$4,812
on
through
cf
rate
of
unsubscribed
of
Rock Island &
Chicago
second
stockholders
common
for
covering
market
the
of
acquiring
Inc.—V. 166, p. 1352.
Yantis & Co,
cumulative
underwriters
warrant;
per
the
the
of
A. G. Becker & Co. Inc.; Otis & Co.; Freeman &
are
by
subscription
underwriters
The
shares
The
Associated with Halsey. Stuart
14,
unsold portion
represent the
them)
and
the
the underwriters.
warrants
cent;
in
share
received.
shares
aggregate
an
stock
Offered—Halsey, Stuart
annually May 1, 1948-Nov. 1, 1962, inclusive.
The issue
was awarded Oct, 16 on a bid of 99.5407, the only offer
the
804,151
sold
31
1945
$44,440,314 $31,250,056 $32,059,970
1,340,845
849 153
934,690
34,619,152
25 232'941
25,408,425
prelerred
purchased
&
group
aggregate sales price of $2,039,132,
an
for
Chicago
to
$27,900,013
sale:
on
Income
a
discts.)_
goods
Gross
1148.
representatives
as
second
lor
89.
165, p.
of
Sell.,
stock on a when-i sued basis at prices ranging
from $104 to
$102 per share (less a concession of 75 cents per share
in
the case
of
15,396 shares soid to dea.ers, including underwriters)
$4r?rr5
■
Earnings
(bef.
INCOME
Year Ended Dec
1946
stock
common
Oct. 10 headed
on
CONSOLIDATED
publicly 79,177 shares of 4%
4%>
of
subscribed
were
26,300
purchased by
purachased by
$338 676
338,bib
848
shares
subscription
shares
cluding
$l'?6q
1,369,843
taxes
shares
offered
112,974
for
offered
June 15,'47 June 16,'46
Ended
heidie
in
112,974 shares of 4% preferred offered by the
to common stockholders for subscription.
40,321
Profit
cash dividend of 25
27 to holders of
Oct.
share and accrued dividends from Oct.
per
The
Of
Virginia—Earnings—
Chesapeake Corp. of
sales
Cost
pany
year.—V. 162, p. 2638.
last
$102
1947.
of
ahead
18.6%
were
payable
OF
6 Mos. End.
June 30, '47
has
Stock Dividend—
quarterly
stock,
common
and a 5%
stock dividend, payable
holders of record Nov. 10.—V. 166, p.
Co. and
at
increase
to
STATEMENT
been
effective
York
value,
cumulative convertible second preferred stock (par $100)
the common stock from an authorized
195,000
shares of $5 par value
(of which 130,000 shares are out¬
standing) to 500,000 shares of $2.50 par value.
It
New
^ar
Net
of underwriters that offered
4
of
$1
Income
&
pany's capitalization and a three-for-one
Co.
stock,
Cluett, Peabody & Co., Inc.—Preferred Stock Offered
—As mentioned in"our issue of Oct. 13, Goldman, Sachs
66®2°J?®
4.3.
Cliambeiiin Co. of America—Plans
Trust
capital
17,
24
Nov.
on
have
share'
per
record
outstanding
pec
p.
directors
The
cents
of
Net proilt
Capital
Bank
Colonial Mills, Inc.—Declares 5%
14,285
1,325,000
acquired
Monday, October 20, 1947
*
Discounts
3,946,160
Minority l.ue.c t
Contingency ' ie erve
CHRONICLE
209,539
2,652
525,000
Income ta:as
National
appointed transfer ""ent of
Oct.
14, 1947.—V. 166, p. 1476.
' 10,621,973
4,448,541
41,769
FINANCIAL
&
Airlines, Inc.—Transfer Agent—
Commercial
The
3 Months
9 Months
$22,396,877 $63,117,360
sales
Exce
COMMERCIAL
THE
Co
White, Weld & Co
&
Co—
1.328
3.983
3.983
Consolidated Edison Co. of New York,
The
Inc.—Output
on
Oct. 15 announced that System
output of elec¬
(electricity
generated
and
purchased)
for
the
week
ended
1947, amounted to 210,800,000 kwh., compared with
199
300,000 kwh. for
the corresponding week of
1946
an
increase of
5.8%.
Local distribut on of electricity amounted to
*192 400 000 kwh
compared with 285,600,000 kwh, for the corresponding' week of laV*
company
tricity
Oct:
12,
year,
an
increase
of
3.6%.—V.
166, p.
1476.
1 lasfr
m.
"
;v.
.
directors
of
of $250,000
board propose by the issuance
will be used to retire existing
short term bank loans of $175,000 now owed by the corporation and
to
provide additional working capital.
The increasing scale of the
corporation's
business
has
necessitated additional
working capital
and
the
board
have
determined
upon
this method of raising the
10-year convertible debentures. The
debentures to obtain iunds which
6%
said
of
capital.
denomination
Holders
tures
of
of
$100,
30,
each
of
$5
the
record
Aug.
lield
Trust
be
The
resale
629
at
of
of
share
at
common
for
stock
to stockholders of
entitled to purchase
each share of stock
par
was
for
$1.50
of
a
3,
161,
Corp.
on
latter
may
of
adopt
to
in
details
value
par
V.
effect
166,
Approved—
application filed by the corporation
other things, for the sale by
an
providing,
among
of
stock
common
each
for
shares
five
of
held.—
common
1148.
p.
of
stock
been
utility
from
maintenance
and
excess
stockholders
Balance,
15,359,440
reject
166,
operations
utility
Profit
before
Income
Net
$12,25^,080
897,643
*345,710
2,480,402
taxc;
381,287
392,015
1,157,643
$516,361
taxes
$553,695
$1,322,754
$1,12 i.331
2,534,703
2,634,703
2,624,708
2,634,703
$0.19
$0.45
from
15,305,559
4 513,029
6,065,689
income
9,239,870
11,031,785
income
166,
Common
shares
Earnings
per com. share
outstdg.
S145.000
$0.16
-
-
.
will
be
The
flood
losses.—V.
165,
1725.
p.
rights
Corp.—Earnings—
Period End. June 30—
Net
profit
Earnings
$157,405
$293,474
600,000
600,000
FOR
$.026
THE
12
profit
after charges & Fed. taxes
165,
In
1945
1946
$1,222,435
$1,017,209
$2.16
t
Months
$2.03
Earnings
1947
dividends
share
1347.—V.
June
on
Crucible
30,
Steel
Co.
$166,935
187,913
187,913
187,913
$1.24
$0.96
$0.89
...
NOTE—Undeclared
a
1945
$179,854
_
share
A
1946
$233,046
taxes...
outstanding
class
per
of
the
cn
165,
class
p.
:tock
A
amounted
after
Prolit
from
Income
$8,107,859
22L642
2,744 ,643
Maintenance
42,718
46,572
545 ,696
78,496
74,680
941 202
2,475,621
536,480
1,019,373
Operation
Subs.)—Earnings—
settlement
of
1945
war
contracts.
Cr219,051
...
298,854
.
in
$1,695,034
444,698
444.698
Nil
Months Ended
requirements.- -V.
165,
June
2123.
p.
Prolit
before
1947
1946
$1,468,319
202,494
taxes.
Net
profit
15,000
...
Earnings
rer
—V.
p.
166.
$112,833
93,000
93,000
31.03
$1.11
outstanding.
share
common
337.
Months Ended
9
sale
Nct
;
.
Provision
Earnings
Federal
1347
certificates
1343
1945
due-b.lls,
1 )0,798
1^0 798
*$1.68
*$2.33
$5.19
preferred
stock
then
outstanding.
1477.
Mills,
redeemed
be
must
that
this
holders
ci
that
10
of
as
recorded
stock
the
as
of
of
third
than
moie
the
at.
.
holder-
73.807
were
holders
this
Sept.
'
dividend
(Inc.)—Number of
a
INCOME
Net
sales
Other
STATEMENT,
cloth,
c
income
27
close
ENDED
,
JULY
_
6,
35^248
—
of
cents
15
payab.e
of
in
1
to
stock
and
23,082
holders
of
ended*
The e 1 figures include
stock.—V. 1G6, p. 495.
has
nolders
Dividend—
been
of
Co.—Offering
Stock—Mention
offering Oct. 6
of
13 of the
of Oct.
issue
our
share
per
Nov.
Electric
Coast
made
principal
tive
7
rnd
supplies,
a
«.
----ma numc.uring,
general expenses...
...
selling,
$45,709,142
administra¬
& Co. and Scott, Hcrner &
Further details follow:
executive
20,264.152
Wages, salaries and
social security taxes
Provision fcr t i-preriation of p art and equipment.
Stla'e. local cri miscellaneous taxew.
Prdvlsliou
'
Net
tor
estimated
Fcde:al
taxes
011
14,254.231
539,235
488,253
income
4,000,000
profit
Total
---
.his
Bfjikihce
s.;
Dec.
31,
$6,163,264
.
1346.
16,281,191
su:;.
PURPOSE—Net
1926.
proceeds
from
the
sale
c
preferred
Divixlends
on
common
EFFECT
GIVING
stoi k..
stack
*Unliirited,
stack
articles
of
(par
except
incieased
of
ser.
A,
thesO
of
will
bo
FINANCING
as
1,
19)7
....
-
piovidcd
from
in
tAuthorized com¬
Indenture,
the
te
12( .000
200,000
shares
1947.
12,
and
a
$1,300,008
11,050,000
*
'$2,000,000
by
amendment
fln-dudes
stock
to
the
1.9,000
of
30 000
dividend
in October,
1947. Pursuant to the provisions of the Public Utility Holding Company
Act of 1935, East
Coast Public Service Co. has filed with the EEC a
plan providing fcr the prorata distribution to its stockholders of the
90,000 shares cf cemmon stock of 'his company now held by it.
Uponconsummation
of
this
plan,
which has been approved and ordered
carried out bv the SEC and the U. S. District Couit tor the District of
Delaware, all of the common stock of the company wi.l be outstanding
in the hands of the public.
shares
of
such
stock
paid
SUMMARY
Public Service Co.
East Ccast
to
PRO
OF
FORMA
1.
BALANCE
l(
ASSETi-r-Cash,
accounts
receivable,
investment-:
at
SHEET.
$2,783,337:
cost,
less
lers
V.
6,
1947
Treaeury ob'igntions, $2.COO.000:
$6,188,738; inventories, $19 886 822-
reserves,
re-ervc,
JULY
S.
$37,518;
fixed
assets
less
reserve
EARNINGS
LIABILITIES—Notes
payable,
82,385.303;
reserve
is
for
rives
for
contingencies,
$1,200,000;
renegotiation
Federal
and
$1,453,732;
accounts
refund
State
taxes
1345
on
payab'c
and
sun-
(net)
estimated,
income,
Operating
1946
1945
1944
$878,826
$775,327
$637,727
$567,343
567,499
488/729
I $207,828
$168,968
$152,093
14,758
...
629.939
$2^8,867
deduct:.-
income
income
Other
Gross
Federal
10,084
10,485
4,085
415.250
>
$263,625
taxer__
income
$217,911
$179,483
$156,178
41,832
income
deductions
41.980
41.925
41,879
59,366
43.230
cumulative
preferred
stock
$7165,
Pro
Per
forma
sh.
♦This
the
of
.
"1
corn,
figure
90,000
income
$146,485
stock—
net
*$1.63
represents
shares
307,500
117;092
$3,395,390
$2,118,081
Share Co.—Extension Granted—
approved
13
April
to
request by the company for a
of the time within which, It
a
1948,
6,
the American
Co. and the
holdings of the common stock of
Co.,
the Carolina Power and Light
166,
Co.—V.
Electric
9,
Oct.
ended
week
Corp.—Weekly Input—
the System input of subsidiaries
64,705,000 kwh., an increase of 11,corresponding week of 154.5.—'V. 166,
1947,
amounted to
21.7% over the
corporation
or
1477.
p.
of
(<fc Subs.)—Earnings—
Earnings
per
outstanding
share
stated
company
that
$1,000,000
were
construction
costs
of
reserve)
excessive
values."—V.
inventory
1946
1945
$1,533,940 $1 046(278
907.am
907,810
$1.69
$1.15
during the first half of 1947
"additional
set amde from earnings to provide for
of new plants and lor possible decline
$2,608,415
907.810
$2.87
-
shares
1947
30—
June
165,
1454.
p.
Preference Shares and In¬
Elliott Co.—To Create New
Common Stock—
be held, on Dec. 11 will
110.0.30 shave, re $50 par
will rank junior to the
present outstanding 5h
preferred stock, and to increase the author¬
ized coir men stock from 436,260 shares to 1,000.000 shuie j.
It is stated that
funds from th^ sa'e of any add.t.ona. stuck will be
stockholders
The
vote
used
at
meeting
special
a
to
proposal to authorize an issue of
preference stock,
which
a
on
cumulative
value
for
expansion.—V. 166.
plant
666.
p.
Britannica,
Encyclopaedia
Inc.,
Chicago
—
Benton
Returns—
board
the
which
The
University
of
Co.
&
board
the
of
Chairman
of State for Publ'c At fairs also
of Encyclopedia Britannica Films
Secretary
Ass'stant
former
elected
subsidiary.
a
asked
When
about
and
department
United
the
The
the State Department, Mrc
ma'nta'n an office in the
consultant to tie department
Educational. Scientific and Cultural Organization.
from lis State Department Assistant Socretary-
States
with
to
continue
will
serve
resigned
Benton
as
spec al
a
1.
Oct.
on
will
counc"tion
his
he
that
stated
Benton
University
of
paedia
Br tannic*1,
Benton
holding
the
the
when
1943,
in
br'ngin® .into
association with the
property was transferred from Sears,
in
instrumental
ware
university
slrn
was
directing control of the 179-ycar-o'.d reference
he
and Chancellor Robert
M. Hutchins of the
Chicago
Inc.,.
it
d'rcctors,
of
to the corporation as Cha.rman of
announced on Oct. 9. Ha a-min takes
work concern
returned
lias
Benton
William
its
u)
Chicago controls the preferred
and
Encyclopaedia Britanni a
the
common
stock.
He
stock in Encyclo¬
Fi.ms, with Mr.
Lie trustee of
continues as
university.
E.
and
boTd
Brtannm'o's Pres'dcnt and a director of bo h Britan¬
company,
who had ac.cd as C lai una 1 of I. 0
Powell,
H.
nica
Films
the
Films
the
of
company
posit on w t.li the
comcanies.
that
return
during
of
Benton's absence, resigned
Benton to act ve par'icipation
Mr.
Mr.
both
in
Encyclopaedia Britmn'ca. Inc., bovdes Messrs. Benton
Chancellor Hutchins. w.10 is Chairman of B-.lannicas
Chester Bowies, former Administrator of the Office
Administration;
Paul G. Hotfman, Pros dent of Studebaher
of
D rectors
and
Powell,
beard
Price
of
R.
Henry
Corp.;
of
Chairman
the
board
Lhp
of
are
editors;
of
of
Luce,
Ed lor of T me
board of R. H. Macy &
Quaker
Oats
Magazine;
Beardslov Ruml,
Co.; John Stuart, chairman
and Harry Houghton, President of
Co.,
Corp.
of
directors
Encyclopaedia
Britannica
F 1ms
Inc..
besides
Hutdhins, Bowles, Hoffman. Powell, Houg'nton, Ruml
Marshall Field, publisher of the Chicago Sun an I
Timps;
Ravmord
Rub cam,
Chad-man
of the brard of Young &
Rubicam;
Wavnc
fc. Taylor, tornvr Undersecretary of Commerce;
Pichard De Rochemont. producer of the
"March of Tun"'; C. Scute
Messrs.
end
Fletcher.
of
Benton.
Stuart,
are
Pres'dent
company's
Kansas
Bnttanica Films; V. C. Arnspiger,
Vice-President; Milton E senhowcr. President
of Encvc opaedia
Executive
State
College:
a
id
George
D.
Stoddard,
Pres.dcnt of fthe
36,996
75,3(8
taxes
prof,
excess
25,625
$227,437
its
of
kwh.,
Capital
the
Income
25,625
&
Oct.
profit
The
4,617
merely
common
an
stcck
$116,745
University
of
Illinois.—V.
Engineers Public
$9 226 60"
Inn'eno sllRrc?,< $5.000.000; common stock (1,500,000 shares),'
500.000; curu.Uo (earned), $21,581,955; total, $48,747,538.—V.
p. 1588.
revenue
electric
revenues:
Fed.
$2,235,174
$282,968
Months -Ended
6
Muzak
fcr
totaf $^8^4- ;^'£81,037; prepaid and deferred charges, $322,147;
S400.00C.
Oper.
Oper.
$21,581,954
$3,702,890
1477.
Net
-Years Ended Dee. 31
12 Mos. End.
750,000
1947
$253,062
require.
on
the
this
of
Mr.
Outstanding
Aug. 21.'47
Balance surplus July 6,
1,012,342
$308,593
_
Electric
and
was
securities
PRESENT
TO
due Jan.
$10 >_
asrociatian, eifectivc Aug.
common
stack new offoied
112,500
stock
bends,
rntge. 3Va''
Common
-
extension
dispose
545,000
Its
arc
services.
$22,444,454
Dividends
$1,247,517
1,126,233
1354.
p.
Roebuck
organized in Virginia May 14.
located at West Point, Va.
was
oil ices
to provide funds ior the acquisition of property and the construc¬
tion, completion, extendon and improvement ol the company's ia.ihucs
shares
..
$4.P21.153
84,565
Electric Power & Light
used
mon
.Total
Material>
div.
SEC
crease
15,000 shares ol' common stock (par $10) at $19.25 per
1st
1947
$45 3*1*893
_
$337,623
98,500
by
-
commons
kind
owned
was
Authorized
WEEKS
etc.
yarn,
351,744
$407,013
surplus
166,
Fcr
decrease of 554 from
of the second quarter
-.
quarter
one
company
30,
declared on the com¬
record Oct. 24.
Tnis com¬
pares
wuu
a
semi-annual
dividend
of 5
cents per share paid on
May 1, last, and on May 1 and Nov. 1, 1948.
In addition, an extra
of 5 cents was paid on Nov.
1, last year.—V. 166, p. 53.
stock,
CAPITALIZATION
Mills—Earnings—
73,692
Fed.
..
Lirmingham
on
Dan River
stock
Gas
corpora¬
Cleveland,
South
of
Inc.,
Duro Test Corp.—To Pay 15-Cent
and
7,150
taxes
Electric Bond
in
OH.
on
Mason. Inc.
$4^2,878
Dr25,822
$3,599,262
4,747
taxes
income
—V.
16,
Decline—
stockholders
1 190 350
837,697
$894,255
190,798
0:1
due-bills
du Pont dc Nemours & Co.
share by Woodcock, MeLear
608,000
requirements
1947,
27, 1947, must
Oct.
after
announced
15
Oct.
on
1 653 223
share..
common
delivered
all
Cleveland Silk
the
$15,993,314
$389,342
Dr4 3,328
$4,902,843
Electric Storage Battery Co.
President,
COMPANY—Company
p.
that'
and
1,761,952
.
Dr4,345
$344,778
deductions
income
Balance
p.
announced
preferred
of
120,159
$3,625,084
,
$17,203,861
.
cii.iclend
166,
that
all
be
1,597,942
taxes.
t
per
After
will
1477.
number
was
21,790
$4,951,174
733
before
income
must
Exchange,
$18,761,375
shares outstanding
Common
*
30—
Federal taxes...
fcr
Nc. pro.
•—V.
June
-
Profit be.err
inc.
Net
Federal
while $200,000
31. 1936, are to
May
price was not disclo ed.
i; equipped with 7,000 spindles, 20 winders and 30 twisters.
different
East
Cunningham Drug Stores, Inc. (& Sub.)—Earnings—
6,825
$349,124
$411,841
income
income
The
1947.
A
$110,548
...
shares
of
date
purchase
p.
was
mon
Common
Total
cancelled,
been
maturity
a
Exchange contracts made prior to Oct.
Stockholders
69,193
_
reserve-
of
1947.
The
5,905
568
$411,107
Modified—
182,026
76,946
taxes
inccme
have
notes
split-up
1947;
Chapell,
166,
It
331", 135
£3,745,244
income
Gross
The
the
$2,105,200
Inventory
of
Stock
a
purchased
There
30—
sales
Federal
27,
The piant
90,984
Crystal Tissue Co.—Earnings—
6
Other
1948.
York
that
29,
has
Tenn.
Of
Net
Oct.
—V.
355,175
$4,980,965
devel¬
and
Balance
agreement
Stock Distribution—
on
New
Oct.
tion
$2.92
shares
outstanding♦Earnings p.r common share
dividend
loan
having
31,
May
(E. I.)
preferred
serial
accompanied by
on
26,270
$355,949
costs
opment
stock
said
for
certificates
all
and .until lurther notice must be accom¬
the
subscription rights.
See also V.
168,
lor
the
originallv
on
settlement
be
33,584
$411,676
..
revenues
oper.
Exploration
169,687
$376,214
Common
♦After
bills
that
and
having received notice from the
effected in the common stock,
of
no
par value,
by the distr.button on Oct. 24, 1947, of one addi¬
tional share
to
holders of
each
share of
record Oct.
16,
1947, has
directed
that
the
common
stock be
not
quoted ex said distnbut on
until
depict.
&
taxes
six-months'
$1,645,670
$675,063
income
Net
1946
1947
charges...
amort.
Taxes,
Buys Silk Mills—
(&
revenues
proposes
1<J47
16,
prepayment
notes
mature
Harold
America
faxes
$2.85
to
1947- -12 Mos.—1946
$9,567 483
250,114
Net
requiring
01
2544.
Quarter Ended June 30—
Pro.it
due
corporat:on
Including Wholly Owned Domestic Subsidiary)
shares
A
Corp.—Earnings—
(& Subs.)—Earnings-
(Del.)
1947—Month—1948
End. Aug. 31—
$726,115
registration
a
company
$1.69
Ended June 30—
profit after charges ar.d
Class
of
the
1933,
notice
O.t.
alter
by
The
6
further
until
Ruling
Crown Cork International
Net
of
dated May 31, 1946, with
banks
covering loans totaling $5,000,000, was modified to pro¬
that the interest be increased to 2V2%
from^fV, ; all provisions
four
70.
p.
effectiveness
Act
September
vide
30
JUNE
$1,295,008
Earnings per share
—V.
$0.80
$0.49
ENDED
MONTHS
1947
Net
Co.—Rights to Stockholders—
prior
Duplan Corp.—Bank Credit Agreement
600,000
share.
per
EARNINGS
7,500 shs.
Inc
Mason,
1477.
p.
$816,589
1354.
P.
$182,994
600,000
_
out.tdg.
&
underwriters and the numberrespectively, are as folio, s:
7,500 shs.
by them,
Co
El Paso Natural Gas Co.
Period
Pfd.
$50.0 J 2
$0.03
taxes_
shares
&
the
of
names
purchased
McLear
Horner
166,
Net
ciigs.
alter
Federal
and
Capital
1947—G Mos.—1343
be
to
•
1
approximately 18 days.
011
Security Rulings of the New Ycrk Curb Exchange
11
ruled" that the common stock be not quoted "ex" raid
panied
1947—3 Mas.—1346
,
e-lectric energy, require¬
purchases substantially all its
Virginia Electric andSFower Co.
Committee
Oct.
on
of Wheat
a
canning.
income
statement under
to olfer to the
holders of its common stock, without par value, of record at the close
of business on or about Oct. 16,
1947 the light to subsciibe at $82.50
per share to one additional share of common stock fcr each four shares
of
common
stock
held.
It
is expected that
the subscription period
to
Securities
delivered
Cream
is
engaged
is
from
Scott,
—V.
1353.
p.
Subject
the
$0.39
__
profit
"After
June 15/46
wot stated
$ol,059,y53
25.
Oct.
company
shares
553,549
15,544,817
income.-
corporate
Duke Power
Jan. 1 to—
June 21/47
June 15/46
$14,924,759
pericd
Depr.,
Gross
Net
12 Weeks Ended
June 21/47
sales
record
of
It
and
of
Corning Glass Works (& Subs.)—Earnings—
Period—
stock has
oiicn
Aug. 1, 1947,
paid on
purchase, transmission,
light, heat, power and
14,752,010
income
Deductions
1476.
p.
common
tax
from
income
4,295,000
company's
the
of
public utility operating exclusively in
principally in the busine.s ol the generation,
distribution and sale of electric energy for
general industrial and utility purposes.
The
total population of the cities, towns, unincorporated communities and
rural territory served is estimated to be 56,000.
The territory served
is
a
diversified residential, agricultural
and forest area located in
the tidewater region of Virginia.
Principal activities include .arming,
dairying, peanut growing, poultry farming, lumbering, lishing, oyster-
Virginia.
67,518,919
4,631,000
all
1934,
BUSINESS—Company
Woodcock,
surtax
offered.
now
UNDERWRITERS—The
81,171,317
and
tax
profits
consideration of the
this period. This
cl the 15,COO shares
the 60,000 shares then outstanding.
Company intends 10 establish the
policy of paying quarterly dividends 011 Feb., May, Aug. and N.v. 15.
A dividend of 30 cents per share has been declared payaoic Nov. 15, to
$
185,377
normal
issuance
by
which
at
current
appropriations, etc.
Federal
the
to
East Coast Public Service Co., and du-mg
paid 110 dividends on its common stock unti?
time an initial dividend of 40 cents per uuue
held
ments
86,565,930
101,161,757
operations
charges,
without
shown,
effect
give
the company
The
$
earnings
Operating
—V.
Net
common
period
V
credits to surplus made during
not
DIVIDENDS—Since
ing
1946
1947
31—
the
during
charges and
does
(The) Detroit Edison Co. (& Subs.)—Earnings—
12 Months Ended Aug.
Gross
of
Operating
or
V.
obligation
assume
Derby outstanding 3%
collateral trust debentures,
due in 1954, and 2%%
collateral trust debentures, due in 1956. Derby
also would pay to
Equitable $812,914 in cash.
In addition Derby would issue warrants to its common stockholders
evidencing the right to subscribe for one additional share of its no
special
a
14 approved
subsidiaries
$4,231,000
Other
meeting to be held on Nov. 3 will
the "agreement of sale dated
this corporation, The Nashville Corp. and Avco
at
to
company
Equitable Life Assurance Society of the United States
$5,031,000 3% collateral trust debentures, due in 1957, in exchange
Sale
Cqrp.- -Tp Vote on
Aircraft
the
the
to
Federal
Assets—
between
See
Co.
the
1947,.
1947.
acquire
Nov. 1,
Nov. 1,
to
2784.
p.
Vultec
proposal
1947"
which
debentures
any
prior
paid for
Harbach &
and
Oct.
on
three
Derby
were
Los
St.,
Spring
authorized
7
Derby Gas & Electric Corp.—Financing
payable at Cali¬
Angeles 14, Calif.
Subscriptions
15.
Hopkins,
to
par
price
stockholders
on
Mfg.
deben¬
the
convert
to
option
stockholder
subscribed
10212%.—V.
Consolidated
Oct.
payable
prior to payment or redemption
one
debentures
sum
South
not
of Non-Aviation
vote
in
issued
debentures.
of
Each
October
Co.,
sold
be
The
be
will be
They
$1,000.
an
time
of
the
principal
expired
■will
shall
1947.
the
and
have
any
rate
offered
debentures
Any
will
and
1947,
Oct.
on
The SEC
him.
by
Rights
fornia
at
value
face
31,
in
i,
ICC
outstanding
calculation
in respect of not exceeding $2,220,000 equipment trust
certificates, series L, to be issued by the Chicago Title & Trust Co.,
as
trustee, and sold at 98.357 and accrued dividends in connection
with the procurement of certain new equipment.—V. 166, p. 1477.
for
the
at
corporation
debentures
$500,
will
stock
common
debentures
The
Oct.
1957.
debentures
of
into
t.ie
dated
$50,
before Sept.
or
be
will
RR.—Equipment Trust
liability
and
debentures
The
on
The
and
(1577)
CHRONICLE
FINANCIAL
&
Certificates—
Offering—
regular meeting
held August 11, the board
and approved the issuance by the corporation
its
authorized
COMMERCIAL
Denver & Rio Grande Western
Calif.—
Pasadena,
Corp.,
Engineering
Consolidated
Debenture
At
THE
Number 4639
166
Volume
%
$77,302
$83,681
,
arithmetical calculation treating
outstanding as if they had been
Call
Price
for
164,
p.
Service, COct—Court Asked Not to Pay
Preferred—Common
Price Limited to Par Plus
Preferred
accuuiu.ated
2152.
stockholders
div.dend;
Stockholders Want
Di^s.1—'
of the tompa&y, fthou d receive only
and not .the eu.l price, cru- cl n:
$100 .and
common
€
THE
(1578)
stockholders'
groups contended in proceedings before the U. S. Circuit
Etf Philadelphia, Oct. 10.
Argument • before the Cburt was on appeals by the SEC and two
croups of stockholders, one composed-of five insuranoe companies and
COMMERCIAL
the
Tradesmens
National
Bank
■Louis
Trust
&
CO.,
hold
collectively
who
1
the
event
of
Feather
■of Engineers
proposed liquidation
of a premium is not
the
that
payment
required.
Berman, counsel for Central-Illinois Securities Co.,
holder
shares of Engineers common, told the Court that the SEC
5,000
on Oct.
10, Roger S. Foster, SEC solicitor, asked the Court
uphold the Commission's decision that preferred holders be allowed
prices in redemption of their holdings.
..The
SEC
determined
several
months - ago
that holders of Engi¬
neer's-$5 preferred; were entitled to $105 and holders of $5.50 and $6
■Earliex',
■
.
preferred
the
to
all
"when
stock
each
(par
preferred
authority in
legal
Preferred
dividends
which
have
already
and "are
the
represents
been
paid
fighting
now"
difference
the
for
value plus
fund of
par
escrow
an
concluded
was
the
and
between
par
reserved
Court
decision.—V.
the
and
call
166,
Office
Building Corp.
New Refinancing
—
Proposal—
by
plan
T.
Roland
was
and
F.
Charles
-consideration
the
made
trustee's
The
One
for
the
share
of
right
to
new
and
Co.,
The
of
The
new
of
court
on
December
in
common
would
to
corporation
which
which
Mr.
for
would
approval
by
1,
November
This
for
whole
each
five
shares
in
There
would
now
present
be
to
t>f
The
of
and
sub¬
of
new
from
upon
York
New
would
and
be
$10
carry
share
per
and
as
each
to
if
exchange
at
like
four
class
a
$1
of
in
which
contemplates
underwriters
elect"
dividends
will
of
appoint
of
been
be
pre¬
ihe
more
have
with
proposal made by
two
last minute attempt by
"The
plan
for
reorganization,
to
of
stantial
letter
majority
to
is
Which
•Obviously
them
the
benefits
of
Uncertain
definite
a
and
that
do
the
of
the
plan
completed
court
"Persons
the
is
approved
minute
proposal
have
the
to
by
Their
October
Donald
December
offering
of
1,
the
Duncan,
reorganization.
Ke
Oct.
on
made
24.—V.
the
apparently
tally of full returns of
midnight.
Duncan
will
Court
of
trustee
had
new
the
the
the
known
possible
for
statement
would
than
more
166,
on
The
the
final
half
plan
his
of
in
of
the
16
the
basis
of
the
deadline
outcome
to
said
plan
itself and 10
The
15.
K.
to
165,
will
the
sold
ranging
that
the
year."
of
Three
Co.
under
to
can
be
166,
p.
p.
bids,
were:
construction
,
Lawn
and
The
cars.
filed
7
debentures,
Forest
Lawn
B,
will
be
a
2';
coupon,
were
received
at
the
36,154
&
shares
immediate
(all
company's
sale
of
The
1967.
of
$1,528,490
capital
*$830,672
398,806
398,806
shares
share
per
'"Includes
years.—V.
1945
$3.83
reserves
166,
p.
of
$306,037
for
provided
398,806
$2.08
reconversion
$1,471,400
$3.69
in
prior
267.
Foods
Month
for
.Fairmont
Creamery
of
Earned
per
common
Falstaff
1946
$3,025,707
$3.82
the
first
lor
for
Brewing
Corp.,
St.
Louis,
Mo.—Co-transfer
figures
at
the
common
of New
stock
($1
York has been appointed co-transfer
par
valuei.—V.
166,
p.
1149,
in
1,
annual
1944, with the first
$1,000,000 amounts in
1355.
p.
companiesi
subsidiary
foreign
Other
1.856,316
318,323,531
284.487,425
sales.
241,880,533
204,506.579
409,827,672
332.850,091
5,922,979
5,444,949
8.149.412
406,680,108
322,364,983
5,687.259)
37.431,540
33,141,979
28,390,136
25,844,006
800.229
822,135
1,347,039
&
aani.
gen.
funded
on
expx.
other
&
.
Minority
U.
S.
741,629
277,958
374.834
14.425.000
*25,150,000
37.620,000
6,706.887
6,316,965
3,653.168
3,672,618
2,500.000
2,500,006
2.000 000
4.000.0C6
11.601.416
taxes
_
income
profits
&
taxes
for
15.088,189
exc.
......
contingencies..
Prov. for
1,125.280
729.947
11.250,000
interest
inc.
Prov.
1
282,736.1711407,991.835 404,707,818
1.751,254
1,835,837
1,972,290
income
of
Int.
S
$
S
316,467,215
income
1944
1945
1946
1947
foreign invests.
Profits
carried
earned
to
surplus
Earns,
per
_
7,491,078
7,509,868
1.486.008
1.519.635
1.527.135
1,530.885
stock
4.130,464
2.573.199
2,058,559
2,058,559)
share.
$4.90
$6.59
$2.90
$2.89
pfd.
stock
com.-
.
stock
No
June "0.'47
to
ASSETS—
plus
par.
plans
or
for
166,
contemplated.—V.
are
SHEET
BALANCE
SEC
are
31,'4G
Dec.
S
Cash
$
$16,886,361
&
Post
market
or
£5,227,953
70,539,005
151,256.455
101.684,827
1,624,637
reserves)
174.138
receivable
whichever
lower
is
investments
refund
war
"Land,
claims
contracts
war
cost
a.
iless
$50,792,703
1,56.9,101
receivable
notes
Miscellaneous
of
buildings,
foreign
equip.,
&
taxes
1,928,697
1,952,957
cost,
profits
excess
machinery
100.088,618
90,692,177
at
patents
Deferred
future
to
I
1,288.710
945;C99
318,406,144
trade-marks
and
charges
1
328,245,896
Goodwill,
LIABILITIES
Acccunts
1946
operations
Western
Auto
166,
$11,980,205
increased
1947
consolidate
1946
(California)
unified
were
of
19.27'i
over
the
Stores.
Macleod's Limited
Inc.
Nov.
1,
and
Stores
Gamble
of
sales
(Can¬
Gamble-Skogmo,
as
1946.
U.
lor
Contingent
Minority
stockholders
Capitalization
the
authorized common stock from 1,500,000 shares to 2,500,000 shares.—
Part
of
the
additional
common
stock
is
expected to be used to
consummate
the
transaction
announced
in
August
whereby Edward
director
of
vote
Nov.
General
25
on
a
proposal
to
of
the
at
of
rate
$5
Motors
share.
a
V.
See
166,
and
takes....
collateral
miscellaneous
&
shareholders'
stock
ino
John
P.
For
the
immediate
offices of
the
company,
reasons
health,
of
future
will
166, p.
which
board
the
of
continue
to
available
be
at
*
328.245.896
318,406,144
depreciation
in
in
shares;
and
J946.
1°46
11ssued
outstanding
orders
was
shipments
and,
such
case
were
since
Introduction
hoihe
and
Joseph
of
of
ceived
it
1947,
or
products,
Wilson,
however,
the sales value
represents
electric
shipment
output of
amounted
over
,
the
of
is
reported as orders re¬
business booked in each period
amount
new
made."—V.
166,
p.
1478.
light
W.
—V.
166,
to
the
this
corporation
140,435,873
kwh.,
for
the
increase
an
corresponding week of
—Week End
revenues
p.
Motors
shares;
no-par
shares.
in
Ussued,
1947
and.
treasury
in
2,067,6.99
shares;
Corp.—Introduces
166, p. 949,
Motor
New
the
will
it
The
—V.
industrial
the
from
the
six
amount
price,
1
the
type
he
to
five
horsepower,
Extremely
hours
work
will
a
impulse-coupled
eight
of
said,
is
engine
with
stated.
announcement
selling
166,
President.
"Frazer,"
gasoline
run
on
*
lightweight stationary motor for farm,
applications was announced on Oct. 9" by
compact
a
Frazer,
as
on
economical
the
"in
gallons
two
performed,
be
magneto
two-cycle
for
in
easy
opera*
of
gasoline,
Frazer
Mr.
revealed.
neighborhood
of
$150.'?
1355.
p.
Grand
Union
6 Months Ended
of
No.
Co.—Earnings—
Aug. 31—
1946
1945
$692,240
$322,255
222,738
222,733
$3.11
$1.44
capital shares
Earned
222,738
share
per
*After
!
1947
$662,604
profit
charges
$2.97
and
Federal
Grayson-Robinson
In
and
week ended Oct. 10,
of 14,217,422 kwh.,
1946.—V.
166,
Oct. 7—
1479.
September,
150
1479.
p.
taxes.—V.
166,
\
1479.
p.
1947
1946
$47,950
$44,225
$1,964",412
$1,348,813
were
stock
purchase
issued
to
the
P:
Holzemer,
succeed
S.
the
formerly
late H.
Williamson
E.
were
the
exercised
and
H.
D.
Henry
has
been
•
elected
•
'
befin
Boy ton
Wolfson
elected
Vice-President
Vice-President
as
as
in
charge of
charge of store
in charge of reql
in
Vice-President
.
C.
Wallar,
President
sidiary,
;
President,
estate.
R.
1,050
Kittinger.
has
R.
Vice-President,
oii
warrants
there were
Green COi, Inc.—New President, Etc.—
(H. L.)
A.
to
of Warrants
warrants
holders of
share.
At the end of last month
warrants outstanding.—V. 166, p. 1479.
supervision
—Jan. 1 to Oct. 7—
Stores, Inc.—Exercise
common
shares
payment of $7.50 a
merchandising,
1946
150
common
purchase
Georgia & Florida RR.—Operating Revenues—
Operating
601,258
594,403
$178,700,196
"is
other
11.37*
of
single- cylinder
customary practice in the case of certain products
lamps
and appliances,
to
report as orders only the sales
shipments actually made in each quarterly period.
In tho
as
value
President, explained,
"the amount
smaller
than
it
normally would have been since no
made for nine of the first 13 weeks due to the strike
E.
of
$
912,090,000 656,563,000
months
Charles
amortization
treasury, 2,288 shares; outstanding, 2,065,411 shares.—V.
*Net
nine
11,502.132
19i614;372
$174,700,189
272,5^9,000 111,7*5.000
300,058,000 277,921,000
339,493,000 266,867,000
-
quarter
quarter
for
59.440.30Q
11,502.132
valuei
par
92,952,000)
.j
After
6,865
Increase—
1947
1946,"
36,602,10*
13,574,777
98,936,944
starting,
1478.
General Electric Co.—Orders Received
quarter
16,473,933
59,440.300
.
.
Total
tion,
Third
38,691,563
_.
subs.
stock.
surplus
depending
Second
in
3,889,849
10,802,809
36,090,000
19,672,413
Known
Eliot
Mr.
company.—V.
4,235,182
11,786,014
36,090,000
bonds
)
surplus
Earned
accepted.
regretfully
war
For Low-Cost Power—
that John A.
Eliot,
a
had been compelled to
announced
this
of
for
resignation
had
has
President,
of
..
854.
p.
Supply Corp.—Official Resigns—
Vice-President
and
his
submit
directors
the
Kane,
reserves
equity
preferred
...
_
3'z't -2:,t
trust
Graham-Paige
General Builders
renegotiation
_
foreign
cumulative
Capital
2,128,175
increase
Corp., and C. W. Perelle, Presi¬
Gar
Wood
Industries,
Inc.,
would
invest
$1,500,000
and
respectively,
in
five-year
notes
convertible
into
common
a
$150,000,
stock
will
taxes
.
&
mtge.
ICcmmon
Gar Wood Industries, Inc.—To Increase
The
S.
lor
1st
s
31.809.626
2,938,180
overdrafts
contracts
t$5
1050.
p.
Prcv.
the
bank
Prevision
Supply
which
—V.
months
$
28,479,235
—
payable
Foreign
1947
The Guaranty Trust Co.
«sgent for
the
1947
nine
for
Period—
Agent—
166,
sales
Net
conmon
1946.
$5.97
share
made
being
May
s
on
improvements
shares.
46,154
September-
period
Sales
Co.)
1947
of
free
negotiated
(Including domestic and
General Public Utilities Corp.—Weekly Output—
$2,167,410
entirely
was
6 Mos. End. June 30—
Divs.
$12,103,605
Sales
same
The
Aug. 31—
income
loan
SEC—
with
Inc..
capital
Sales
Co.—Earnings—
(Formerly
6 Months Ended
Efet
31
Oct.
said the company will
borrowings and with no
Treasurer,
Total
irrespective of when
Fairmont
the term loan
of
amount
Goodyear Tire & Rubber Co.—Earnings—
$5
present
debentures
Association,
to
additional
Peters,
1947.—V.
cn
Malting Co., Inc.—Stock Increased
the
A.
payments
Divs.
Gamble-Skogmo, Inc.—September Sales Higher—
of
1946
and
J.
CONSOLIDATED
notification
of
used
outstanding)
loan,
1149.
p.
"In
Corp.—Earnings
1947
in
1946
Accounts
Grain
the company has pre¬
the first maturity of
that
term
original
loans.
will
markets
Calif.—Files With
due
Memorial-Park
Proceeds
its
The
After
for
includes
provision
deducting
postwar
credit
in
1944
renegotiation,
(provision for rcnegctiat'on of war contracts deducted.
letter
a
business
announces
on
1949.
1,
year
lot
666.
series
balance
time,
$10,000,000
$3,000,000
Each
parking
a
new
the
by
Maryland.
and
space
stockholders at their annual meeting held on Oct. 14 approved
increase in the authorized $2.20 cumulative preferred stock, par $50.
the
Federal
& Hutzler,
99.337; Harris,* Hall-&
Stuart & Co. Inc., 99.1801.—V. 166
profit
Jfo,
com¬
The
last
Bros.
9 Months Ended Aug. 31—
Earned
started
be
President, said.
type and will be
modern
supplied
Co., Glendale,
Oct.
on
interest.
Total
Kct
will
or
be
to
the
that
of
Friedland,
floor
200
will
ten
each share
for
and
close
the
Chairman,
July
same
fiscal
its
The
Invent,
a price of 99.54 for a 2%
net interest cost for the road
naming
Halsey,
Joyce,
due
Terminated
1478.
Ex-Ce'I-O
.
each
Salomon
and
in
the
increase
investments.
First
99.21;
the
supermarkets
will
expected
are
most
of
closed at
$7,000,000
the
Sell.,
in
$
other
They
(Inc.I,
D.
was
Foreign
Pennsylvania
feet
50
22
and
remaining
George
the
Jersey,
from
they
either
are
square
facilities.—V.
to
accrued
associates, offered
a
amendment;
the
end
first
was
additional share
the
outstanding bank
S.
states.
construction
be
New
13,000
six
and
this
of
in
12
days
under
York,
$295,000 2'<
be
one
be
debt
of
»
the
from
$10,000,000.
was
launched.
$4,000,000
'.
notice
received
having
of
Depreciation
program
Stock Distribution—
on
Exchange,
of
Total
expansion
1479.
p.
as
Paul
of
166,
Repays Last of $10,000,000 Bank Loan—
2798.
p.
of 2.09%.
«ale:
Jamieson
Stock
the
bank, bidding for the account of
This produced
coupon.
built,
end
company
director
Oct.
the
New
Forest
The
York
will
Adrian
paid
C.
166,
Canada.—V.
1947,
Balti¬
of
Co.
promotion
office,
construction
outlets
30
of
RR.—Equipment Trusts Awarded—The award of
$6,850,000 in equipment trust certificates, maturing Oct.
15, 1948-57, went to the First National Bank of New
on
Bonding
the
latter
important
been
involves
be
to
situated
dent
Oct.
on
Erie
York
J.
board.—V.
Edgar
of
and
the
of
most
has
Those
about
warehouse
the
115
next
capacity
sc
under¬
reorganization
modified
voting
to
total
have
with
1253.
p.
15.
future
who
corporation,
ballots.
report
the
of
American
appointment
approximately
supermarkets
located
will
that
cost
1948.
before
ada),
date.
interests
approved
the
1937.—V.
since
which
will
the
in
The
1.
15.-
stockholders
Nov.
on
Stores, Inc.—Expansion Program—
chain
within
early
under¬
Approval of Trustees' Plan Expected—
J.
Chairman
Cleveland
in
agent
company
program
Fisher,
fhat
duties
new
morgage
November
sacrifice
the
states
"Of
be
sub¬
a
proposed
expires
plan
cast
his
of
.
due-bills.
said:
face.
by
Fair
of
company's
speculative
last
Merchandise Manager
of
Associated
appointed President of Halliburton's
its
as
the
special
announced
The
four
trustee's
necessary
the
that
is
the
its
plan
and
by
do
to
already voted against the plan."
period
for
balloting cn the trustee's
•The
expired
he
of
announced
companies
Food
history
the
reorgani¬
corporation,
favored
on
their
the
on
defeat
futile
commitment
the
to
to
have
not
stockholders
and
is
proposals.
associated with the real estate
'
the
been
commitment
be
not
asks
has
approval
assents
could
letter
the
Court
and
stockholders
to
What
they
that
cn
date
to
stockholders,
admits
states
impossible,
•securities
ballots
It
conditioned
is
write
the
stockholders
commitment.
writers
of
of
two stockholders
its
directors.
until
serve
commenting
shareholders
which
will open
Texas,
the
filing
which
.
appears
of
resident
held at the time
transfer books of ,the
Oct. 23, 1947, for the
purpose
of such distribution, on Oct.
10 directed that the common
stock be not quoted ex said distribution until further notice;
that* all
certificates
delivered
after
Oct.
23..
1947, must be accompanied by
7,
At
its affiliate,
Vice-President
Froedtert
Common Stockholders Committee—
committee
1946.
agent who
a
Co.—Ruling
New
the
of
Cost
an
stockholders
and
company
formerly
from
common
Houston,
in
board
the
Glidden
Halli¬
original
position of
Manager.
Mr.
Jamieson
succeeds
Hamilton
W.
McComb,
who has resigned.
Mr. Jamieson was formerly Manager of the com¬
panies'
office
in
Philadelphia,
and
Mr.
Wise
has
been
associated
eliminated.
board
four
of
meeting.
Statement by the
$5,000,000
as
P.
the
a
to be, or the company nas
United States of America, oe
"
'
their rights in Canada providing
in conformity with regulations respecting sales of securities
is,
possession thereof.
States shareholders may sell
1945,
Resident
to
would
or
majority
seven-member
a
would
Foley's in
assume
continue
shares
sold
default
a
dividends
a
estimated
Earle
from
..
.
are
no
company that an amendment to the Articles of Incorporation will be
filed at the opening of business on Oct. 24, 1947, pursuant to which
each share of common stock, of no par value,
will be changed into
two shares.of common stock, of no par value, by the distribution^ on
20.
will
He
by
acquired
was
1333
or
non-residents
Fidelity & Deposit Go. of Maryland—New Vice-Pres.
This
share;
per
be
common
be
have
Oct.
on
owned
been
it
of
not registered under tho
subscription will be accepted
shares
these
Act
his
or
believe
so
The
that
Securities
person
to
United
feet,
square
their
for
number
would
of
should
quarterly
would
of
arrears
share
there
150,000
over
1478.
be
common
in
shares
an
Dividends
of
a
that
announced
Halliburton
with
pari,
notice.
offered
40,000
was
Store.
for
that
amounting
plan
the
shares
together with
(no
would
days'
stockholders
shares
unit,
It
quarterly.
at
30
on
1,332,147
offered,
except
all
date
of
space
has
when
John
H.
O'Toole,
Divisional
Merchandising Corp., has been
compensation.
$18,000,000
shares
share.
redeemable
oe
land and property.
total
a
volume
building
new
a
1937
store
Department
under¬
not
shares
other
no
payable
Halli¬
Inc.—Purchase
a
per fthare.
voting
until
new
sation
.1478.
p.
any
,
.
fact
the
territory
they do
by
1947.
of
States
reason
any
Corp., Washington, D. C.—
Stores,
Halliburton's
since
also
was
huge
It
shares
obtained
86,209
per
share,
present
preferred
vote
stockholders
The
unless
way,
from
said.
The
each
warrants
each.
all
debt
be
of
$10
per
of
to
per
$1
of
stock
these,
first
one
at
for
common
40,000
receive
can
dividend
1,034,517
at
one
directors
The
regular
be
that this corporation has
in Okalhoma City, ,* Okla..
Federated also
five-story building directly across the street,
Federated
50-year-old
Inc.,
share.
selling
purchase
consist
of
total
a
$11
dividends
preferred
•of
new
per
price
mortgage
would
any
wouldMre
share
entitled
of
or
would
first
a
cents
issued
at
uderwriters
Each
They
It
on
holdings;
preferred
ferred
and
held,
now
subscription
offering
would
would
40
be
would
the
common
of $1
exercising
liquidation
of
part
-86,209 shares
shares
Department
give
Lazarus
pleted
stock
in
172,419
of
preferred
new
of
separate
mortgage
a
cumulative.
or
shall
all
that
and
1947,
Assistant
Co.
dividend
be
share.
such
preferred
would
of
shares
price
a
the
addition
in
per
Insurance
annual
of
at
contemplates
preference
a,
privilege
that
at
two
purchase
$1
offer
expectation
The
1947,
23,
1478.
capital.—V. 166,
option on*
an
will
Wise,
receive:
share
10
1 Vs
to
receive
and
at
common
Oct.
on
Oct.
15,
view
United
company
burton,
has
1.
exchange
one
each
held
now
the
would
scribed
to
for
subscribe
would
have
writers
Life
subscribe
common
common
Holders
21,
p.
purchase includes the big store,
has taken
price of $11, and
right
Share
Oct.
J 66,
.
rejection
"
combined
settled
Fred Lazarus,
Jr., President,
announces
purchased Halliburton's department store
Co.
Its
agent.
stockholders'
the
of
Investing
City
managing
by
Iield;
•share
Co.
Traction
&
In
the
of
on
Oct.
on
Nov.
more,
expires
plan, stockholders
new
&
only
reorganization
conditioned
is
Noyes
possible
court.
commitment
Under
be
Services Finance
Federated
p.
broker
estate
made
the
offer
new
the
real
a
be
plan
by
Hemphill
by
Noyes,
would
approved
and
refinancing of the corporation was announced Oct.
Berner, counsel for two stockholders of the cor¬
for
pora tion.
The offer
Leen
after
for operating
It
Equitable
■of
and
on
shall
$71
specified.—V.
owners.
157.
11
Light
that
Stock Offered—Mackall & Coe, Washington,
C., on Oct. 4 offered 2,870 shares of 6% cumulative
preferred stock at $104.50 a share. Proceeds will be used
The
Argument
new
announced
15
D.
prices.
A
Federal
Ltd.—Rights—
capital stock, par valUe $1, of record at the close of
17, 1947, have been offered the right to subscribe to
one additio"nal
share' of said stock for every 50 shares held at $6 per
share
in
Canadian
funds.
The
assignable
rights will expire
in
Toronto,. Canada, at the close of business on Nov. 14, 1947.
This issue .was quoted "ex" rights on the New York Curb Exchango
Holders
business
Preferred
The
stockholders
accumulated
p.
the
in
Oct.
on
of
Association
National
13,
burton's—
j
stockholders contended Judge
Leahy
"substituting" his judgment for that
the
for
his
dividends.
accumulated
plus
Commission.
44,000,000
contracts
the
of
No.
contingent interest, Federal Liquidating Corp. capital
10c.), and Public Service Co. of New Mexico common
value
Federal
plus accumulated dividends.
Judge Paul Leahy, of
Court
at
Wilmington,
however, overrode - the
May, limiting the shareholders to par value of $100
last
Attorneys
■
District
(par value
stock
District
case,
exceeded
of the
County,
Butte
in
Co.—Delivery Ruling—
Committee
Inc.,
issued"
of
miles,
10.05
1947
Monday, October 20,
Giant Yellowknife Gold Mines,
permitting abandonment of
railroad1; extending from
of
$110,
Federal
Commission
in
approximately
Practice
Dealers,
contracts
to
line
360.
p.
Uniform
otherwise
call
its
Federal Light & Traction
The
Lad
changed its position regarding rights of preferred stockholders
forced liquidation.
For five years before 1945, he said, the SEC
took
the
position that preferred stockholders were only entitled to
i»ar and accumulated dividends, but now the Commission contends the
iweferreds should get a premium.
Ward,
certificate
a
of
company
to
150,
Securities
in
a
the
Falls
certificates
'Alfred
of
by
Calif.—V..
2' issued
Oct.
on
operation
an
voluntary liquidation and
is not voluntary, therefore
ICC
The
attorney representing Frances Boehm and Lucille
"White, common- stockholders, said the charter of the company pro¬
vides that preferred stockholders are entitled to a premium only in
Boehm,
CHRONICLE
Feather River Railway—Abandonment—-
Court
•4740,000 of preferred stocks.
FINANCIAL
&
of
formerly
Metropolitan
and Mr. Holzemer
Executive
Stores,
as
a
Vice-President,
Ltd.,
wholly
has
owned
director.—V. 166,
p.
been
elected
Canadian
1051.
sub*
Volume
THE
Number 4639
166
Griesedieck Western Brewery
The directors recently voted
,
to
stockholders
common
ratification
ized
stock
Dec.
had
and
stated
a
31, 1946,
shares
the
followed
of a proposal to increase the author¬
change the par vahie of the common stock
to
value
of
$6
share)
per
there were 75,000
outstanding.
62,987
The
This
date.
same
13
the stockholders
by
common
(which
the
record
of
Co.—Stock Div., Etc.—
stock dividend, payable Oct.
100%
a
no
from
shares
par
At
which
$6.
to
par
no
authorized,
of
were
directors
also
increased
This
5.
declared
equivalent
to
dividend
cash
a
stock,
common
is
payable
$1
of
Dec.
share
April
per
cents
50
per
holders of
to
18
the
on
old
par
no
Gulf Public Service Co., Inc.—Earnings—
Period End. Aug. 31—
Total
oper.
Total oper.
$2,909,366
$4,857,241
$4,227,334
2,392,902
2,062,519
3,621,868
3,022,734
deducts.
rev.
the
oper.
Non-optr.
Gross
Total
Fed.
&
3,239
additional
both
In
237,843
271,202
inc.
291,852
237,019
383,233
310,146
taxes
$617,535
$439,194
$494,423
$632,406
50
after
Federal
secuied
a
2%%
Power
for
note
due
$1,000,000
The
1976.
bonds
authorized
has
Commission
$1,000,000
and
will
be
pledged
as
the
The
first mortgage
collateral for the
bonds
notes,
The
tion
desires
company
expenditures
—V.
166,
the
in
funds
proposed
current
and
Louisiana,
the
for
and
Texas
construc¬
Commission
said.
1479.
p.
become
becoming
All
of
but
Aug.
according
sales
shares
30
record
the
third
highest
of
29,
A.
the
In
month
who
sales
the
subscribed
record
history
Nov.
The
the
Nov.
record
have
declared
stock,
common
1947,
25,
and
the
Feb.
25, 1948.
From
1947, the company paid 15
cents
previously
each
Dec.
on
March
on
Sept.
10,
cents
per
three
dividends
quarterly
payable
other
record
10,
10
two
one
10,
the
1946,
and
to
share each
months.—V.
166,
for
shares
Sept.
including
against
as
The
llanna Co.—Calls 1,500
company
Oct.
on
called
16
for
beneficial
in
its
will
$102 per share, plus accrued dividend
ol'
$4.25
cumulative
National
the
Bank
City
had
company
•—V.
166,
preferred
of
of $1.06 V\
stock.
Cleveland,
outstanding
Cleveland,
1,500 shares
made
at
At
Dec.
the
of
at
be
will
Ohio.
shares
95,500
next,
1,
31,
Corp.
of
New
tions for
and
York,
the
Heineman
announced
Corp.,
was
in
sale
the
and
of
excess
Oct.
on
board
the
14
of
As
yarn.
the
capital stock
31,
of
as
of
negotia¬
stock
1946,
Aug.
He
Oscar
who
1921,
headed
been
named
its
will
the
Heineman.
has
be
Brewster,
since
has
capital
its
31,
1947.
and surplus was
the
in excess
company
Other
officers
associated
with
President and
Vice-President
as
will
be
Heineman
the
General
since
announced
Manager.
death
the
later,
of
Weis-
Mr.
said.
jnan
will
warrants
expire
on
&
general
from
of
par
three
the
value of
subsidiaries have been
Canadian
of
these shares
which
not
is
Int.
well
as
as
the
shares
35,521
of
all
new
qualified
Net
the
involving
without
company
in that
the
itself
corporation
INCOME
6,133,745
$8,051,560
income
—V.
412,192
140,452
(est.)
196,104
162,450
736,217
777,203
453,989
982,210
$807,612
$374,173
$3,043,570
$2,183,36ft
outstanding
1,098,618
1,098,618
1,098,618
1,038,618
$0.73
$0.34
$2.77
$1.66
taxes
166,
159.
p.
Net
Refrigerator Co.—Earnings—
subsidiary
of
Net
2,550
income
6,045
of
Cost
less
"Arising
the
1947
1946
$3,738,782
2,954,211
6,352,025
sold
and general expenses,
operations of branches
administrative
income
income
from
310,352
$474,219
48,945
20,780
income
Profit
438,578
$1,423,836
lrom
22,695
Dr6,302
$1,467,312
592,000
$516,862
212,00®
$875,312
financial
$304,S'o2
44,916
166,309
176,795
33,272
51,473
171,599
$4.79
$1.5®
(net)
operations
2,224,851
share
$1.89
2,167,518
$1.10
income
Federal
for
Prov.
taxes
income
on
187,505
dividends
dividends
common
from
Company)
$8,214,439
goods
Gross
1,625,639
outstanding
shares
per
$2,562,017
187,505
2.002,366
stock
stock
Subsidiary
Owned
Cr2,015
$4,398,037
preferred
Wholly
sales
Total
3:V<
share
com.
per
Other
139,046
Cr36,043
earnings
1,351
1,614,750
1,784,250
taxes._
compensation
in
3,989
1,618,560
profit
Earns,
$4,762,483
2,628,052
919,918
Canadian
paid
Minority interest
Sundry income
901
406,978
971
201,443
inc.
Selling,
Interest
410,299
67,687
depletion..
retired
and
shares
Com.
1946
$10,896,234
operations
and
$5,390,115
154,459
6 Months Ended June 30—
1947
7,757,511
from
Federal
377,741
$6,465,020
285,475
disc.
(Including
$15,809,071
operations
expenses
income
346,171
$1,161,195
76,241
and
STATEMENT
6 Months Ended June 30—
for
64,532
$1,684,117
debt
Hussman
from
5,502,295
$5,012,374
country.
CONSOLIDATED
income
5,960,292
$6,118,849
abandoned
standing
the change in the method of ownership
Canadian operating units available as
that
notes
assets
1,405,377
114,046
of
Property
1947—12 Mos.—194S
$2,502,040 $12,079,140 $10,514,67®
$1,096,663
expense
Deprec.
%
Co.)
1,566,340
bonds, notes, etc.
on
and
Line
$1,570,071
taxes
operations.
income
Amortiz.
Pipe
cxps.,
income
Total
capital stock of the new Securities
although Household Finance Corp. is the
directors,
Other
$3,136,410
oper.
general
Inc.
operating
of
sale
corporation's
stock
common
stock
ownership
to
employees
and others
under
Net
profit
dividends
Preferred
Common
dividends
Common
shares
Earnings
plan.
CONSOLIDATED
BALANCE
SHEET,
JUNE
outstanding
share
common
per
ASSETS—
and
1946
$10,063,961
banks
in
receivable—net
notes
$6,533,162
125,875,988
83,377,342
4,117,176
2,941,464
713,094
390,512
501,462
264,287
assets
Office
furniture,
Deferred
ASSETS—Cash
1947
hand
on
equip,
improvts.
and
(net)
charges
Total
$141,271,681 $93,506,767
payable
$47,254,411 $28,724,000
banks
to
Present floor space area occupied by Oscar Heineman Corp. is 286,000
Square feet housing 116,000 spindles.
It is Mr. Weisman's intention to
payable to employees, officers, and others,
pursuant to thrift jhun
Fed.
Canad.
and
Dividends
1947
and on hand, $827,752; notes and
withheld on instalment paper pur¬
amounts
(less
$2,670,455; inventories of raw material, work in
process
and finished goods, at cost or market, whichever is lower,
$2,303,751; other current assets, $122,939; other assets, $13,910; land,
$47,390; building and equipment (less depreciation of $543,290), $1,327,977;
deferred charges, prepaid insurance, etc., $47,719; patents,
dies, patterns, etc., $1; total, $7,361,894.
$52,580),
chased,
payable, $858,021; dividends payable, $94,$1,396,934; reserves for losses, $145,352; un¬
$2.25 cumulative preferred stock (27,525
no
par
shares issued),
$1,376,250; common stock (176,795 no par
shares), $1,214,922; earned surplus, $2,334,100; capital surplus, $6,313;
treasury
stock ($2.25 cumulative preferred, at cost, 2,000 shares).
Dr$91,842; total, $7,361,894.—V. 166, p. 1255.
and
prof,
excess
taxes
"Miscellaneous
610,590
603,910
4,314,931
3,355,956
960,730
197,112
106,454
40,000,000
989,616
164,929
10,000,000
22,248,510
21,675,180
liabilities,
accrued
$27,077;
discount,
15,000,000
565,804
30,084
10.000,000
debt
767;
earned
1,094,936
income
payable
Long-term
JUNE 30,
demand deposit
on
receivable
accounts
SHEET,
LIABILITIES—Accounts
LIABILITIES—
Notes
BALANCE
CONSOLIDATED
30
Notes
G.
company
subscription
from
earns,
Houston
1947—3 Mos.—1940
End. June 30—
Gross
of Oscar
$3,900,000.
Donald
(Including
of
operating funds borrowed in Canada by the holding com¬
also will facilitate intercorporate transactions within Canada
the
Sundry
Industrial
Aetna
capital
Dec.
and
$3,800,000;
purchase,
of
completion
the outstanding
of
processors
the
of
Chairman
purchase of all of
surplus
basis of
of
Weisinan,
the
for
and
Cash
(Oscar) Heineman Corp., Chicago—New Control—
VV.
the
three
stock
corporation
make
Instalment
Walter
of
Texas—Earnings—
Houston Oil Co. of
statement
copies
stockholders
to
Federal
last,
stock.
preferred
and
1192.
p.
The
666.
p.
registration
165,
Period
that
like
owner
Earnings
share,
per
Payment
Dec.
on
the
upon
subscription
warrants
stock
will be mailed
—V.
name.
security
($1
Total
1947.
the seven
Common
Preferred Shares—
redemption
Contingent
the
of
a
Common
(M. A.)
1
surplus
166,
25 cents
holders of
to holders of
quarter,
surplus
Earned
Fourteen of the new company's shares are held as qualifying
by
Operating
371.
p.
Paid-in
the
on
Oper.
capital
the
of
1948,
par)
of
—
$660,53L
taxes current year
stock—common
23,000
12,514
for Fed. & state inc.
Capital
439,380
30,000
J)rl37,958
$767,760
Reserve
Net
1947
52,000
439,380
30,000
was
share
common
39,950
and state income tax
1947.
months
nine
first
per
15,
subsidiaries, Household Finance
Corp. of Canada, Household Finance Corp., Ltd., and Campbell Finance
Corp., Ltd., was transferred in September, 1947, to a single Canadian
holding corporation known as Household Securities, Ltd.
was
to
10
29,
ownership
"Additional
directors
on
$2.84
debentures
expenses
Federal
incl.
Net
The
the
for
Oct.
income
balances
stock
common
due
1947.
Gross
Hammond Instrument Co.—Dividend Rate Increased—
each
the
on
payment
convertible
year
Accrued
Merges Canadian Units—
Prov.
1
the
dividends
stock
contemplated
17,
for
company.—V.
the
of
that
155.
p.
dividend
with
approximately
outstanding.
effective.
Oct.
on
is
levels
September
in
volume
Five
loans,
or
be used as conditions
may
for,
announced
unprecedented
financing
stock
and
credit
and
now
describing
stockholders
to
been
further
reach
will
in
had
basis,
President,
addition,
offered
shares
new
corporation
single
any
6,987
one-for-ten
a
Brecht,
W.
quarter.
in
the
on
of
to
volume
New Stock Heavily Subscribed—Sales
—
quarterly
effective,
prospectus
pany
Ilajoea Corp.
preferred
deposits
$49,374
99,239
94,41.*
2,400
60,681
$47,813
33,295
38,577
900
73,330
payable
payable
Customers'
is filing with the Securities and Exchange Commission
a
registration
statement with respect
to the 222,485 new
common
shares
proposed to be offered.
Rights to the registration statement
through
,
Notes
Accounts
company
The
amount.
to
shares
company.
issue
to
company
would
by
beginning
preferred
equivalent
was
All
Gulf States Utilities Co.—Secured Note and Bonds—
the
cents
exchanged
The
LIABILITIES—
plan
this
approximately
up,
is not intended to have
broaden the base of obtaining
equity but it
This
capital
taken
are
If
capital.
common
shares
the
under consideration
aie
September
2,224,8ol
467.
p.
offered
1946
at
income
$1,213,755
177,922
working
in
increase
an
the
added to
undciwritten.
which
of
by
all
be
7
(1579)
CHRONICLE
FINANCIAL
&
warrant.
9,155
$1,238,612
154,603
surplus
166,
7,290
$854,137
deductions
State
Balance
—V.
4,546
$940,878
(net)
revenue
income
income
$1,204,600
$1,235,372
$846,846
$936,332
revenues
and
will
offering
It
Net
business
of
effected
has
1947—12 Mos.—1946
1947—8 Mos—1946
$3,329,235
revenues
volume
is
$3;782,245
fixed
share
record
shares
Which received 75 cents per share on
1, July 1 and Oct. 1, this
year, and a total of $2.75 per share in the year 1946.—V. 166, p. 371.
the
on
Dec.
COMMERCIAL
,
dispose of
all
throwing
machinery
excess
including
all
the
of
silk
spinning
and
equipment.
Operations
will
personnel
and
Heineman
Corp.,
and
for
carried
Oct.
with
on
the
31
the
present
will
company
division of Aetna
be
management
operated
and
Oscar
as
Canadian
other
for
Minority
stock
fluctuations
subsidiary
in
($100
company.
par)
stock
Common
Capital
surplus
Earned
Industrial Corp
exchange
contingencies
interest
Preferred
be
after
a
Reserves
1,487,978
surplus
—
465,394
13,467,325
__
11,460,368
Helicopter
The
Air
Transport.
Inc.—To
Withdraw
Regis¬
has
company
Statement,
filed
March
stock.—V.
capital
asked SEC
164,
14,
permission
covering
1947,
2154;
p.
V.
165,
withdraw
to
its
166,
ilOe
Oper.
(Walter E.) Heller & Co.—New Vice-President—
End. Aug. 31—
revenues—electric
1947—Month—194S
1947—12 Mos.—1943
$1,949,752 $22,749,341 $20,234,424
$2,200,455
Operation
I.
Lutzker
H.
director.
Mr.
of
New
has
York
Lutzker,
been
member
a
elected
the
of
Vice-President
York
New
Charge of the company's New York office.—V.
166,
Bar,
and
will
be
a
in
1051.
p.
773 691
798,612
9,236,974
7,670,103
Maintenance
334,687
181,047
2,750,523
165,791
151.694
1,898,389
1,786,313
200
200
2,400
2,400
Amortiz. of
electric
Hickok Mfg. Co.,
The
Guaranty
registrar
(Joseph)
All
Called
for
Co.
of
York
New
stock
value
ipar
has
been
$1).—V.
Prov.
outstanding
redemption
shares
Dec.
on
of
15
6'i
preferred
$107.50
at
stock
All
share.—V.
per
been
160,
246,387
271,198
2,616,554
192,644
91,876
1,711,157
1,386,297
$487,055
$455,125
$4,533,344
$4,637,987
2,109
6,525
51,331
69,122
$489,164
$461,650
$4,584,675
82,252
1,033,751
1,060,285
$379,398
$3,550,924
$3,646,824
389,538
389,588
2,953,735
9 filed registration statements with the SECT
($100 par) cumulative preferred and 214,451
shares
(no
pari
common.
The common will be sold competitively.
The
name
of the underwriter for the preferred will be supplied byamendment.
The preferred will be offered publicly while the common
will be offered to common stockholders of record Nov. 5 on the basis
The
of
Income
1Q47
$840,813
162,239
162,303
$726,412
$678',510
11,775
11,984
$738,187
$690,494
273,150
254,380
19,353
2l|o64
$445,684
$415,050
$0.92
$0.86
deductions
Interest
investments
on
Total
Federal
income
normal
tax
Depreciation
applic.
pfd.
to
stocks
for
the
period
profit
Earnings
share
per
BALANCE
ASSETS—Cash,
$516,149;
$3,500 reserve), $217,431;
ing
first
six
$1,122,279;
SHEET,
months
accrued
customers'
and
marks,
total,
receivable
charges
S.
made
dur¬
Government
U.
S.
$1,200,000;
total,
payable,
provisions
series
tax
$2.50),
$964,062;
Cost
of
future
notes
for
of
capital
$2,885,525.—V.
$91,571;
securities,
buildings and
$547,346; goodwill
operations,
accrued
Federal
income
$300,000),
surplus,
160,
p.
Ended
general
$34,014;
payrolls,
Income
from
The
company
The
the
in
Standing
The
to
ratio
scription
jears.
no
Oct.
8
subscribe
of
price
one
is
common
company
It is
Oct.
shares
9
now
filed
(no
underwriters.
directors
right
the
on
222,485
are
taxes
$264,859;
(after
approved
for
new
common
capital
earned
statement
(stated
be
stock
surplus,
141,985
81,815
11,731
52,000
24,908
23,0fTo
$78,253
$33,907
outstanding
439,380
added
with
value $10
to
the
a
SEC
share).
working capital.
share
a
for
each
the
ten
tangible
shares
book
$0.18
Federal
&
state
income
of
shares
per
has
experienced
Cash
on
Cash
in
Accounts
common
Fixed
hand
and
in
banks
Other
Prepaid
substantial
to
finance
growth
a
part
of
during
this
$36,552
15,000
196,464
89,479
cost
116,904
368,849
104,678
13,756
13,756
24,797
expenses
.
4,791
1
1
recent
increased
166,
allowances
194>7
$2,376,106
(other
than
income
taxes)
shares
per
$1,379,434
4,174
21,025
-27,085
78,353
74,068
1°7 40Q
taxes
113,320
435,750
outstanding
$184,899
329,348
$710,955.
329.348
share
$0.56
52.10
expenses
depletion
income
Earnings
82,41ft
$537,570
3,799
income
Net
3,519,303
$1,297,018
138,210
and
for
1946
$4,816,321
1,870,500
51,965
taxes
Provision
common
BALANCE
SHEET
AS
AT
JUNE
30,
1947
$1,167,907; United States Government
obligations,
receivable—trade (less reserve for doubtful ac¬
inventories—at the lower of cost or market, $2,411,533;
advances on cattle purchased for slaughter, $117,240; republic
of
Paraguay 4%
bonds due Dec. 31,
19b3 ($61,364 Argentine Gold
Currency), $31,877;
livestock (cattle on ranches, cxeu, horses, etc.),
.$467,371; fixed assets,
(less reserve for depreciation and depletion,
$4,981,586), $1,616,526;
deferred charges, $29,687; total $8,121,170.
accounts
$579,029;
$767,760
$660,531
and accrued liabilities, $672,311; in¬
reserve for contingencies, etc., $200,value $10 • per share), $3,293,483; capital
earned surplus, $2,424,545; total, $8,121,170.—Y,
LIABILTIES—Accounts
taxes
common
164,
p.
payable
(estimated), $482,572;
come
surplus,
Total
and
expenses
and administrative
133;
Goodwill
30—
income
Domestic
Selling
counts),
396,426
depreciated
June
discounts
income
$1,700,000;
1946
15,000
(net)
Land
out-
31
$31,835
segregated
receivable
assets
sub¬
MAY
1947
bank
Sys¬
ASSETS—Cash,
SHEET,
Inventories
the
shares.
deemed desirable
taxes
income
Common
the Securities and Exchange
28 on the various plans of
Oct.
$505X05
Common
Net
on
profit
$0.08
charges
for
The
held.
value
Gross
439,380
share
income
Income
Pa.,
goods sold
Depreciation
Gross
ASSETS—
plan to offer common stockholders
additional common stock at $17 per share
approximately
9,694
Ended
sales—less
of
General
Earnings
$77,100;
registration
a
par)
$72,121
6,949
de¬
1527.
Proceeds will
447,698
94,582
$135,035
operations
credits
income
BALANCE
There
1946
taxes
Household Finance Corp.—Registers With SEC—
covering
$614,401
603,433
87,788
admin, expenses
&
Cost
Gross
Other
H.
Months
Gross
1947
$831,256
May 31—
sola
goods
&
on
International Products Corp.—Earnings—
sales
Frov.
$287,933;
expense,
Months
Net
Hearings
1255.
6
land,
$386,582),
to
760.
p.
(after
$2,885,525.
ducting
-(par
U.
$38,456;
of
reserves
deferred
LIABILITIES—Accounts
and
$403,849;
166,
—
$3,257,236
Howard Industries, Inc.—Earnings—
Selling
1947
accounts
receivable,
(after depreciation
$1;
30,
inventories, adjusted for transfers
1947,
of
interest
equipment
trade
JUNE
$3,161,336
Balance
System
filed by Bartholomew A. Brickley, trustee of the
Todd, Gabriel Caplan and C. Shelby Carter.—V.
reorganization
Paul
Philadelphia,
at
before
be held
will
hearing
public
Commission
p.
6
Net
Proceeds will be used for new-
Hydro-Electric
International
A
$407,957
income
Net
Dividends
—V.
«.
shares
share for each four held.
purposes.—V. 166, p. 1480.
new
one
Oct.
on
50,000
Plans—
1946
$888,651
profit
company
construction
tem;
Operating
Co.—Registers With SEC
Indianapolis Power & Light
$4,707,109
81,207
(net)
income
Gross
6 Months Ended June 30—
and
taxes..
revenue
income
1316.
p.
p.11.
I
Hoskins Manufacturing Co.—Earnings—
Manufacturing profit before depreciation
Selling, administrative and general expense
England
New
covering
taxes
oper.
Other
inc.
profits
other
Net
have
Fed.
for
co-
1255.
p.
limited-term
investments..
excess
appointed
166,
Home Co.—Preferred Stock CallecU—
the
of
Inc.—Co-registrar Appointed—
Trust
the common
for
issue and sell an
series bonds to Aetna Life Insurance
Mutual Life Insurance Co. in equal proportions.
Proceeds from the sale of the third series bonds are proposed to be
used in connection with the company's construction program.—V. 165,
and
1,797,584
Depreciation
third
of
$990,000
of
Inc.—To Sell Bds. Privately
(he SEC for authority to
has asked
companv
aggregate
Power Co.—Earnings—
Co.
Period
>
Indiana Gas & Water Co.,
Houston Lighting &
par)
continue
to
667.
The
1590.
p.
demand for petroleum products the companyits program of plant enlargement.—V. 16'ff,
prospective
and
decided
$93,506,767
1479.
p.
1950 to
H.
H.
has
registration
shares
270,000
$141,271,681
Total
—V.
decided to issue $24,000,000 of 2'A r/>
debentures
1955, to finance a plant expansion program.
Hewetson,
President,
said
that because of
the increased
has
company
present
p.
tration—
Debentures—
Imperial Oil, Ltd. (Canada)—To Issue
The
maturing
stock
$1,048,126;
1722.
(par
WHlMMlKHIIti M WtnUtoWMl.--.Hl nw
/
8
kH»»i1 jMktt "r<JI MMw
.i-wil'jtfltoSl
(1580)
THE
International Paper
Co.—Large Expenditure
COMMERCIAL
the
Planned
It is announced that the
company's Southern Kraft Division alone
will, spend $37,000,000 for wood to
make into paper and other products
at its eight Southern
mills.—V. 166, p. 1356.
effect
that
ol
the
Eoth
the
approve
sale
of
2,132,223 shares,of
On
Jan.
24,
1347,
reorganization
District
and
of
Court
Interstate
tor
enforcing
the
new
Fewer
District
order
an
of
approving
On
Co.
Delaware
April
24,
entered
plan
a
Alternative
stock
of
One,
Interstate
become
to
could
be
the
1947,
either
operative
sold
at
of
if
net
a
S.
to
the
would
company
sell
only
enough
retire
(together with the proceeds from the
presently outstanding iirst mortgage bonds
the
order
of
with
Jan.
24.
1347,
the
to
respect
reserved
issuance
sale
of
the
two
to
the
declaration
iiled
$13,400,000
the
of
Rule
bios,
Vve
stating
filed
taken
bids
to
in
comply
pursuant
to
One
to
to
tile
FOR
THE
Ripley
&
Co.,
Inc
for
FOR
Under
Alternative
THE
COMMON
and
The
of
No
Wertheim
Harriman
plus
Goldman
&
to
our
3.42',
which
(hey
accrued
lesulting
were
3.872422
an
be
o.iered
from
June
underwriting
stock.
common
be
to
offered
for
Sachs
sale
)947
and
bid,
of
shares
pier
A
public
hearing
of
Interstate)
lavor of
state's
accepting the bids
67,
of
baris
of
factor
stock
the
for
for
the
on
basis
of
of
shown
in
Interstate
by- the
of
U.
no.be
due
arrears,
and
changed to
bonds
At
the
yefc
the
plan
undetermined,
ings
of
debt
The
plan
would
of
mon
was
sale
Ptock
to
the
effect
the
that
lor
full
first
the
of
company
hearings
in
possibility
cash
of
stock
$6.90
bonds
the
and
share.
per
be
the
sale
an?
stock
Two
to
be
»l"n
,he
be'
1
:V
of
the
public
stock
to
l:e
that
to
new
be
first
o£
be
and
the
3.000.000
unsold
with
the
for such
based
it
order
bonds,
Thus
would
to
the
slo-ks
accordance
ot
with
mortgage
per
in
bids
bid
of
bonds.
Based
for
unsold
for
the
41.3%
new
be
note
owned
foe .equivalent
to
by
but
held
for
Interstate, such escrowed
subsequent plan subject
$4.05
the
on
Sept. 25, 1947,
share for the new
Interstate
the
to
sell
proceeds
2,132,223
from
the
sale
required under Alternative
867,777 shares of common stock
holders of securities
junior to the
upon
the
common
of
per
the
proposed
shares
have
a
public
proposed
offering
to
market value
principal
amount
be
of
of
nriee
sold
by
$4,121,940
Interstate's
$3,575,000.
$2,475,000 de¬
Ogden. tQ the
£577
of
debentures, the above
(he outstanding debentures.
value
of
the
plan
may
will
of
be
shares
between
price,
be
of
of
new
of
of
case
Although
Interstate's
the
latter
the
case
instant
would
Apart from
of
of
the
specifically
fair
issuance
by
cash
our
of
We
public
Co.,
payments
the
fair
or
new
the
and
of
if
We
payment
sale
this
However,
not
stocic
plan
its
would
necessarily
not.
to
the
the
of
the
new
nor
$5
per
are
share
acceptance
be
stock
the
the
the
public
the
date
of
sales
number
the
of
amount
and
modify
spread
offering
of
"The
company's
and
of
accept¬
is
clear
was
of
Moreover,
holders,
writer
the
that
20,
apart
in
connection
of
it
was
between
competitive
the
Act
that
incument
bidding,
whether
case
upon
testimony
indicated
common
stock
to
was
us
$4.05
and
valid
and
"the
in
plan
record, that the
per
share would
equitable
all
of
the
this
by
not
affected
to
contentions
case
the
the
on
parties
Inter¬
effectuate
persons,
urged
basis
as
by
sale
the
of
by
we
the
whether
price
below
It
the
of
effect
the
that
quite
company's
and
to
to
the
to
need
a
be
urgent
provide
generally
for
taken
standards
it
of
Alter¬
the
of
to
of
need
for
its
resolve
Alter¬
immediate
satisfy
the
financial
the
166,
con¬
funds
tar
construction
prob¬
consideration
both
Act.—V.
for
new
its
Dealers discount $1.—V.
at
value
Sept.
with
per
30,
securities
$26.76
of
the
company's
the
bid
definitely
price
accepted
on
upon
witness
the
low
and
by
share
common
1947,
owned
based
on
Aug.
to
31,
of
the
upon
adjusted
of
the
requirements
of
1430.
p.
163,
1052.
p.
this
1947,
sheet
prices,
and
such
of
the
Interstate
side.
A
out¬
company,
balance
market
$29.43
on
that
on
was
$25.63,
Sept.
1052.
p.
30,
Inc.—Earnings—
ln47
1946
$4,630
$5,18(5
176,041
140,099'
$810,671
$115,285
_
3,181
3,890
43,235
55,791
$134,195
$35,604
compensation
ord.
income
dividends
(exclus.
of
security
trans.)
—
declared.
profit
-
securities
on
145,722
sold
$105,073
273,857
during six
-
tExcludes
t85,604
"38,215
realized
dividends
BALANCE
ASSETS—Cash
(cod
SHEET,
deposit
on
$9,373,809),
$9,077;
interest
charged
to
under
Irving
profit
from
security
$8,746,138;
security
rar'-'^d
undistributed
transactions,
at
Co.,
$130,696;
for
$32,027;
securities
payable
management
to
securities
securities
sold,
$.8,773,218;
total,
purchased.
$55,726;
Investors
Management$21,257;
dividend
contract.
value), $721,883; paid-in surplus,
income. $13,933; deficit from
par
ordinarv
net,
$38,215;
market quotations
1947
receivable
for
$2,699;
of
Trust
receivable,
payable
taxes,
terms
JUNE 30,
accounts
dividends
miscellaneous
Inc.,
in
$9,601,418;
and
LIABILITIES—Accounts
accrued
Co..
unrealized
appreciation
above, $227,609;
total,
securities
on
$9,773,218.—V.
165„
2799.
p.
Iowa Public
The
recent
$15.75
Oct.
Service Co.—Common
security
under¬
for
witness
offering
of
10.
the
purchase
the
the
1C6.
warrants
Oversubscribed—
the'r
each
five
their
the
of
to
shares
by
company
privilege
of
in
them.
Oct.
on
purchase
held
direct
excess
The
8,
to
entitled
minimum
a
record
on
of
warrants
and
of
Sept.
1356.
p.
company
the
shares
entitled
expired
by
remaining shares are
offering, among those
the
additional
18,
stockholders
common
for
for
warrants
Sept.
on
and
terms
of
oversubscr.bed
was
announced
exercised
the
stock
common
1255)
was
shares
by
of
p.
it
subscribed
which
share
166,
103.000
issued
company's
additional
V.
the
who
to
originally
shares
warrants,
provided
as
min'mum
were
of
than
more
holders
warrant
V.
(see
purchase
Holders
109,866
of
share
per
being allotted,
one
16.—
Italo-Argentine Electric Co.—To Increase Capital—
The
stockholders
capital
stock
from
Brown
was
Fence
announced
157,
vote
Oct.
28
011
to
pesos
increasing
200,000,000
the
rehabilitate
&
this
Wire Co.),
to
authorized
pesos,
Argentine
1846.
p.
Stores, Inc.—Recapitalization
to
program
Brown
will
100,000,090
currency.—V.
Jim
A
the
stockholders
Proposed—
corporation
(formerly
known
as
the management of R. S.
Stevens,
under
Oct.
on
17
by
Robert
A.
Weaver,
Chairman.'
us
bid
from
While
of
Corp.—Secondary Offering—Merrill Lynch,
166,
months
1947,
regarding
language similar
contain
distinctions
the
recognized
bid
a
the
salvation
dividends
Cash
Net
stock,
the common stock would be
precluded.
accepted by Interstate would lead to the
effectuation of a
reorganization with an extremely harsh result, and
we are not
presently prepared to accept such a result as inevitable.
It
that
say
Total
reasonable¬
common
expenses
Jan.
not
under
of
disposing
but
solution
framework
Taxes
order."
our
respect of:
think
results
fair
consider
we
therefore
steps
asset
as
Management
not
company
namely,
bidding,
and
now
fee;
We
at
to
holders.
satisfactory
the
unfair.
does
common
factors:
new
basic
no
stock
common
which
nrt
cbjectors,
which
Cash
min¬
a
become
which
the
01
competitive
steps
basis
a
6 Months Ended June 30—
The
rehabihtation
plan,
cf
negotiations calls, for
ing of additional capital
E.
the
on
results,
prepared
consider
would
sub¬
In
merit.
are
of
of
company.
problem
a
company
for
the
security
within
Income—Interest
reject
common
unfair.
the
have
plan
exchanged,
our
responsibilities
unfair."
concluding,
of
oi
for
reach
to
Investors Management Fund,
out
(to
offer
new
become
required
the
four
at
of
become
the
where
stock
consider
of
holders
between
presented.
light
net
with
holders
and
observe
here
in
Interstate,
better
company and its security holder.';
what steps,
if any. can be taken to
and
excerpt
from
the
Central
and
South
West
reservation of jurisdiction
in
the order entered
in
the
was
no
broader
than
the
jurisdiction
reserved
in
the
ones
is
and
comcared
at
opinion
reorganization did
of
of
for
should
we
the
necessity
share.
1946.—V.
legal
findings
produce
require:;
received
position,
reorganization
course,
it
bid
the
public
a
cf
achieve
the
con¬
the
of
problems
maturities
approval
exchange
an
feasible
common
the
and
to
of
this
of
place
as
transactions.
In
common
sale
price
jurisdiction in
spread
plan
case.
the
state
The
equitable
being.
time
paid
to
as
objective,
persons
the
price
bidder
or
and
Utilities
would
create
least
proper
be
to
to
Investment Co. of America, Los Angeles, Calif.—Asset
our
setting
at
such
to
the
the
to
stock
o.fered
a
necessarily
of
prepared
is
that
taking
that
devised
recognize
the
the
per
Net
accept
Committee
Ihe
at
reserved
our
determine,
In
or
be
stock
the
to
on
take
we
price
of
company
$27
above-quoted
opinion,
a
do
we
scope
successful
be
West
plan
which
of
common
shall
we
the
We
Intert.ype
this
upon
a
bid.
We must pass on
the price and spread e tablished
competitive bidding
when
the
results
are
shown.
If,
in
light of the
facts as
they then exist, the plan has become
that
not
are
time
so
eager
functions
such
acceptance
In
treatment,
be
can
its
with
reorgani¬
interested
precedent.
occasion
call
into
come
management
is
bid
in
but
1947,
stock
the
new
for
not
the
below
period
underwriter's
therewith."
do
of
the
their
shares
price
will
interests
exploration
sub¬
Pierce, Fenner & Beane on Oct. 15 made a
secondary
distribution of 10,000 shares of common stock
(no par) at
holders.
our
the
cr
the
visited
bidding,
whether
not
price
preference stocks
the
the
has
of
11,
in its present form and we
circumstances that wc would
.depend
the
this
indicating
as
loan
There
nature
accorded
lliei,
1947,
other
satisfied
had
we
which
would
available
the
and
unfair,
In
ness
to
be
the
the
the
and
be
of
ance
by
25,
would
South
sale
unnecessarily,
never
number
the
of
to
lair
floor
wish,
will
to
lems.
as
security
responsibilities
common
without
to
common
ether
the
in
management
perform
upon
the
by receiving a lower
debenture holders and
by
reorganization
stock.
contingent
of
Ogden's interest
interest is presently
such
borne
accord
at
attendant
satisfactory
and
program,
the
by
and
of
consider
administer
whether
and
the
at
light
represented
be
to
in
pavnb'e, $72,188; capital stock ($1
plan
the
or
not
and
Central
common
a
outstanding 671 debentures and xlemand notes
aggregating
Assuming, arguendo, a complete -subordination of the
mand
by
bonds
3,030,000 shares
to
not
minimum
shares
10%
a
future
"Loss.
from
of
any,
represented
company's
are
common
we
bank
meet
respect
affected
all
which
to
Section
to
Sept.
new
plan
is
contentions
price
to
Alternative
purpose.
such
all
level
do
that
of
only
baiance would
onlv
the
Agent
received
for
necessary
remain
escrow
share
represents
the
together with
$23,025,500 of
funds
would
$28,035,500,
mortgage
here
below
the
under
recognition
of
accepted
be
We
of
under
recognition
and
thereby,,
stock 1,
a
set,
pres¬
amount
by
effective,
results
treatment
to
of
in
become
the
competitive
Interstate
a
In
loss
position
structure
sideration.
date,
Sept.
us
In
of
Interstate's
to
and
against
only method of approach or whether it
appropriate to effect some modification of the
present
pro¬
scheme of reorganization.
These are matters for
standing
our
011
order
issue
to
believe,
of
security holdc-rs did
that
be
a
Ogden, as the holder
preferred
stocks,
and
the
provide,
the
there
deposited
$4.75
the
on
of
Escrow
of
the
relating
proposed
declaration
consequences
investors,
the
debt
Interstate
reorganization
Two
spe-
reserved
Ogden
the
steps
s
of
be
where
the
intended
our
its
of
received
the
state
exist
to
debentures,
of
some
in
shares
s
amount
and
the
not
convinced
that
that
those
situation
a
the
following:
securities
the
reached
is
asserted
if
would
the
We
not
Two,
approved."
preference
deem
to
Two,
designed
in
of
first
new
balance
an
G'r
preferred
of
of
necessary
the
of
approval.
described ■ results
Interstate, the
which
the
escrow
note
of
stock,
in
snares
Two.
that
in
holders
disposed
above
common
of
the
demand
was
Interstate
01
principal
of
of
consummated,
native
the
State,
have
we
in
Interstate.
of
extent,
price
better
further
native
juris¬
More
we
in
and
stated:
respect
the
least
Alternative
Two
aggregate
Commission's
The
show
provided
of
d
would
as
deposited
holders
to
the
number
of
at
stated,
which
inherent
unsecured
been
us
impact
issue
bulk
that
a
more
be
spreads.
and
upon
the
com¬
price
of
the
we
offered
results
paid
common
assumed
course
be
should
we
common
a
was
include
to
retirement
ior
itsucd
further
vrou'.d
the: benefit
the
there
Alternative
working capital or an
$19,400,000 principal amount
of
at
the
Interstate
plan
us,
manner.
affected
such
stantially
as
a
the
presented
"Obviously,
realized, and that
the
plan
Interstate might not be feasible.
of
new
"The
proposed,
the
reasonableness
to
this,
conception
bids
effectuate
persons
that
the
determination
sold
the
securities
as
impact
involving Central
security holders were
there
with
new
of
prices
ignoring
regard,
on
be
to
contention
proceeds
new
the
treasury
sufficient
a
such
be
produce
posed
re¬
stock.
commit
the
bidding.
approving the plan,
determine
their
consider
should
stock
be
not
outstanding first mortgage bonds in the
$26,035,500, and for the reimbursement of its
$2,000,000
its
During
that
apparent
ior
then
as
its
$5
the
stocks
stockholders
new
believe
Interstate
Inter¬
sell
to
V alue—
such
Congress
such
shares
proceeds
a
in
would
issue
senior
Interstate
the
of
of
awaiting
would
that
of
reserved
we
The
higher
construed
a
to
that
in
of
have
ultimate
result
finally
common
terms,
net
of
stock,
regard
new
the
to
the
the
be
we
upon
common
did
respect
to
permitting
plan
a
extent
hold¬
equally
from
shares
shares
plan,
debt
luiicrs
amount
without
stock
could
assumption
face
ently
of
share
in
acquisition
requires
of
company,
of
the
to
shares).
its
to
in
reorganization
our
this
would
wc
"sale
mortgage
questions,
respect
to
to
was
first
specific
the
competitive
1847,
the
case
a
by
hearing
bidders
dividend
(3,000,000
in
of
common
from
of
over
a
are
to
that
proposed
of
harsh
may
the
sale
however,
the
a
are
as
extend
purposes
limit
which
not,
regard
24,
1947,
sale
legalistic
lead
the
imum
the
on
at
The
became
necessary
stack
new
pending
with
Interstate,
company thereafter amended its
which hat been summarized
abcvc.
the
of
were
right,
remaining
common
of
substantial
stock
of
$2,475,000
and
in
for
that
1947,
$36,000,000),
in
and
statute
holders
notified
our
consisting
and
about
common
there
of
debt
the
price
payment
of
and
declarations
11,
light
powers
be
reduction
the
obligation
securities.
of
issues.
it
of
Ogden's
The
provide
zation
sale
drastic
a
with
common
proposed
least
at
for
structure
debt
stock,
value
stockholders
this
to
the,, low
below
wc
require
and
Two
the
declaration
things,
sales
in
the
believe
net
date
20,
and
bidding
would
The
$7,500,000 debentures,
mortgage
new
1946,
that
25,
the
resulting
of
holders
in
by
1947, the plan
conditions, by us and
provided
submitted
distribute
preferred
subordination
im
Sept.
not
regardless of price and
holders.
As
hereinabove
bonds
jurisdiction
narrow
findings:
Jan.
corporate
long-term
comparable
new
of
subject
A
value
was
its
Of
opinion
Court
stated
originally
and
following
A
OPINIONS
consisting of $19,400,000
par
$36,000,000
of
.dock,
AND
of
did
result
Interstate
in
which
speedily
stock";
context
under
case
forth
forth
the
security
order
our
retained
prices
time
setting
in
set
now
order
our
Hue
preferred
pre:erred
of
its
pav
the
of
concerning
and
in
make
ar.d
(aggregate
$6,600,000
public holders
stated
We
course.
that
share
speedily
illustrative
Alternative
the
contingencies
of
preferred
in
not
company
program;
which
ior
of
of
the
did
for
nature,
security
other
of
Sept.
issuance and
competitive
the
the
to
opinion
and
approved,
value
$10,500,000
time
an
taken,
expressed
District
structure
a
and
Due
prepare
due
mortgage bonds,
stated
thereby."
of
securities
order of Jan.
among
order
duty
Interstate's
would
of
Two
this
things,
spreads
common
security
>
sale
on
plan,
"floor"
a
price
of
and
issuance,
new
In
we
Interstate
the
effects
the
claims
Interstate's
would
per
interest
construction
presented
set
the
conditions;
$3.50
regard
application
vested in
its presently out¬
stock, which has no conceivable equity in "asset,
that Ogden, holding all the common
stock, has a
company.
the
forward
move
in
a
took
of
control
recognize
may
new
applications
the
we
decla¬
and
which
had
capitalization.
Ogden
$11:,000,000
affected
plan
a
the
stock,
to
of
and
record
sale
other
our
in
contemplate
to
below
in
but
Securities
allowable"
the
1948,
or
Addi¬
(
that
preferred
utility
Alter¬
company
that
criticism
necessary
summate
shares
of
in
of
not
to
market
of
stock
of
expenses"
maximum
withdrawal
April,
the
Interstate.
the underwriting
groups
who
par¬
While we recognize that the
underwriting
have fruitlessly expended
time and
money
in
submission
of
their
bids,
this
is
one
the
company
that
by
Department
Interstate.
in
1948.
may
but
against
We
in
until
for
served
and
"exceed
clear
and
contingent interest
by
be
including the invitations for bids and the prices and
spreads
pertaining to the proposed sales of first mortgage bonds and
in
stock,
of
paid
would
arc
rehabilitation
in
for
Interstate,
as
in
it
any
undetermined.
of
that
company
the
the
Two
not
major
merely
Alternative
plan
among
the
shown
did
affected
the
and
to
Interand
appeared
issuance
sale
be
effectuate
in
findings
Delaware
$26*035,000 first
and
to
ofiicial
them,
in
hand,
for
common
to
we
record
heretofore
S.
for
were
omer
C0.1
common
an
share.
stated
Tvvo
bid
company
stock),
its
of
stock
bid
any
possible
plan
Interstate's
"the
public
debentures,
the
of
of
per
to
new
neces¬
bidding.
the
earnings,
in
of
the
as
company's
poor
the fact that no
stock
demand
Wisconsin
a
the
to
record,
common
territory
"commissions
reflect
ordination
under
pointed
new
institutional
stock
leave
common
interest
the
need
purpose
well
construction
new
dividend
a
the
the
in
note
25%
opinion
prices
of
or
not
$5
who
unfavorable
financial
minimum
a
a
upon
of
cilically, in
of
the
Interstate's
the
the
Trust
the
issuance
not
issue
the
Co.
for
of
Interstate,
respect
proposed
unable
On
such
for
the
FINDINGS
As
in
persons
conclusion
bid
shares
price
action
would
the
&
of
of
jurisdiction,
headed
Interstate appeared
<te
of
of
and
that
were
the
opinion
aa
and
we
approval
prices
our
resulting
having considered
the
denying effectiveness to
day
would
the
to
the
After
the
Bank
holders
of
bonds
at
equitable
reasons
that
(Chemical
stockholders
Interstate
bidders
involved,
reasons
of
to
in regard'to the above
Ogden Corp.
(parent
of
securities.
Inter¬
security
the
character.
We
the
to
the
as
for
immediate
company's
State.
instance
standing
he
of
on
required
to
preparing
per
sold.
designated
diction,
1947
than
new
various
same
conclusion
our
and
the
on
mortgage
successful
fair
of
argument.
amended,
first
common
the
tru..tee
acceptance
order
the
mr
preferred
the
oral
an
as
new
new
of
to
heard
we
entered
ration.
the
of
debentures
committee
opposition
25,
Other
holders of any of the securities of
110
representatives
a
Sept.
on
'bidding.
on
and
01
below
1946,
Alternative
common
operate
that
recognize
a
In
held
was
competitive
range
behalf
the
of
of
finance
was
but
be
permit
face
new
prices
would
approval
to
in
intent
various
holders
thereof
delivery,
bid
share,
underwriting spread of $0.70 per share, or 14.74'v
offeiing price and 17.28', of the price to the
company.
that
Two
Alternative
in
this
by
stock which did
testimony
common
accepting
to
of
the
not
ticipated
in
011
$4.05
as
findings
our
extend
or
presented
of
needed
share,
per
not
sale
102.80
group
Wertheim
the
$4.75
at
in
the
would
to
bonds,
subject
an,
results
of
range
$5
We
under¬
the
date
Also,
.
low
as
circumstance
23,
effectuated
designed
justified
approving
the
public
underwriting
Co.,
at
the
the
to
the
&
public
to
O.S0",
oi
that
to
the
to
1,
the bid of
Pursuant
sale
for
spread
approval, Interstate accepted
by Lehman Eros., Goldman
the
was
shown
Our
2,230,000
accepted the bid of
Stuart & Co.
Inc.
for
Halsey,
to
interest
in
the
quire
Bid for
2.132,223
Interstate
by
be
arguments
demonstrate
No. Shs.
Company
and
Inc
approval.
annum
wish
does
the
the
then
acceptance
value
par
below
3.48',
$4.05
headed
group
been
security
to
Co..
for
that
unfortunate
same
Oct.
We
in
the
common
effect,
lack
that
that
new
this
common
the
to
on
stock
obtained
pointed
for
1947,
additional
specifically,
paid
note
we
in
he
borrowed
December,
of
of
any
stock
in
the
position
and,
connection,
loans,
in
price
light of the
finance the
the
the
be
absence
in
Alternative
not
the
state's
of
More
to
for
tionally,
in
times
per
the
the
demand
this
bank
$1,800,000
history,
is
in
that
the
point
cents
the
and
In
of
the
opinion
accepted in
permanently
common
stock underwriters,
in testifying in
admittedly unusually large underwriting spread, stated
marketing of this common stock presents certain inherent
difficulties.
dividend
his
was
and
the
company,
the
and
did
adduced
cn
could
there
&
that
in
but
maturing
finance
to
financial
equivalent
10.1
to
to
and.
representative
regard
policy.
share
per
that
stock
effect of
range
its
reorganization
consistent with the
(the
STOCK
by—
stress
the
objectors
consummating
the
and
of
enabling it
3.40',
100.393
its
Two
have
bids.
Sachs
the
common
they
plan
Ogden,
One
of
native
Companv
101.52
Co
Ripley &■ Co..
Subject
writing
under
group headed,
Bros..
A
and
the
Commission,
subsequent
acceptance
range of prices for the
based
stock
One:
the
a
the
principal
support
Cost to
Price Per Sh.
Underwriting
in
below
and
opinion,
Alternative
Alternative Two:
Lehman
price
a
for
connection
noting
4o
contend
bid
the
of
is
company
cents
stock
.dividend
equivalent
plan,
contemplated
a
the
to
52.13
rate
the
forth
to
Under
sity
debenture
such
that
low,
reorganize
progiam.
construction
ren¬
prevailing
conditions,
Interstate
could
receive approximately $6.90
per share so that it was uncertain whether
competitive
101.90
3V2 '<i
the
of
anticipated
is
also
of
not
Jan.
that
Lehman Bros., Goldman Sachs & Co.
and The First Boston
Corp
of
They
set
declaration,
Company
3'/i>7t
had
this
dividend
a
Two
share,
with
3 '/a '>
of
stock.
value
true
of
and
per
that
Coupon
connection,
is
to
refinance ,$3,000,000
com¬
required.
its
Price to
Harriman
it,
Additionally,
BONDS
Underwriting group headed by—
Halsey, Stuart & Co. Inc
estimate
1947;
$5
his
leceived:
were
the
the
the
earnings
30,
Alternative
Interstate
Two
requirements
invitation
for
reorganization
fair.
be
of
earnings
and
that the price
20,
1947,
also
Alternative Two,
which
sale
prices
in
reflect
new
Alternative
or
respect
June
holders, presented
pro¬
the
to
represent
forma
pro
common
In
state,
not
regard,
ended
company
share.
the
and
of
this
times
new
the
effective
issue
shares
with
the
months
company's
Our
these
become
the
amendment
an
to
7.76
proposing
approving
things,
and
found
Chapter X
company's
in
12
the
does
the
of
to
securities.
new
that
order
and
with
other
be
can
under
even
stock
note,
of
of
respect
jurisdiction
Interstate
action
following
the
the
of
1947,
the
and
to
in
mortgage bonds
either Alternative
retained
sale
25,
lorth
U-50
Interstate
first
pursuant
upon
Sept.
setting
by
new
but
plan,
spreads
On
of
stock
common
Interstate.
securities
the
generally
urge
company
in
this
In
compulsion
construction
objectors
the
testified
stock
common
far
to
interest
thax
lignt
bonds)
new
their
common
shares
new
of
among
new
price and spread in respect theieto.
On
Sept. 11,
1947,
we
entered
an
additional
ceedings which, among other things, permitted
of
the
of
jurisdiction,
and
of
sale
by
interests
inequitable.
grossly
point
Interstate
obvious
falls
alone.
stock
obtained
Monday, October 20, 1947
(whether
is
Both classes of objectors
Bankruptcy Act they would
fare better than the outcome of
Interstate's plan if the acceptance
of the common stock bid is
approved by us.
Both classes of
objectors urge that the price of $4.05 bid for the
effective
which
plan
preferred
price
respective
bid
it
stock
common
the debentures
and
the
their
residual
debentures
argue
the company of $3.90
per share, the company would sell enough shares
of its new common
-stock (but not exceeding 2,700,000 shares of the
3,000,000 shares to be issued i which, together with the proceeds from
the
sale
of
$19,400,000 of new bonds,
would
permit
retirement
of
alhits debt securities, wiih the balance of the new common
stock to
be
distributed to preferred stockholders.
If, on the other hand, a
sufficient number of shares could not be sold at this
price to render
Alternative
One
operative, Alternative Two would become
unuer
the
out
shares
price
of
upon
the
the facts,
among others, that 6%
has been paid
continuously since their issuance in 1928, and that
sucn
6%
interest
is
currently being earned by the company.
The
preferred stock objectors contend,
among
other things,
that since
the
earnings of the company exceed its fixed charges and show a
balance for the preferred
stock, no reorganization plan which wipes
the
U.
the
objectors
approving
thoroughgoing
plan.
The
plan
provided
lor
a
Interstate to be consummated under
common
for
impact
of
of
amount
debenture
stock
011
order
an
the
reorganization of
alternatives.
Under
of
entered
we
the
-valuation
lace
the
that
stock,
common
follows:
above
mon
ders
CHRONICLE
the
on
the
short
Interstate Power Co.—SEC Issues
Opinion in Connec¬
tion with
Proposed Financing—The opinion of the SEC
dated Oct. 3, issued in connection with
its refusal to
FINANCIAL
preferred stock of acceptance of the
subordination of Ogden's interest is assumed),
not
or
&
L.
over
Bakkom
a
and
principal
Illinois
Bakkom
the
As
Jim
a
ciates
All
chief
of
Inc.,
of
in
will
company
Brown
through
the
and
executive.
owners
the
be
Weaver
its
of
funding
the
of
Mr.
operated
Mr.
the
is
of
wholly
a
these
the
preferred and
is
the
Weaver
for
not
transactions
entire
the
said,
program
are
is
by
and
of
loans-
Stevens
as
ons
of
stores
The
owned
Jim
as
subsidiary
its
and
Brown
and
holders
majority of common shares.
considered
judgment of the bor-M
bank
operates
Stevens
interdependent
approved
Mr.
secur¬
stock
eouipment.
continuing
the
of
Presidnt
farm
proposed transactions Mr.
will acquire a large stock interest in the
of
of
the
oi
which
company
as
all
months
the
company,
$1,962,000
Stevens
Stevens
represents
of
employment
distribution
with
said
acquisition
Bakkom
the
company
Mr.
recapitalization
a
period,
engaged
result
unless
"It
Co.,
seven-year
President
the
in
&
which
none
of
of
President.
his
asso¬
company.
will occur
two-thirds
of
a
"that
consummated
the
the
plan
is
banks will
fair
take
to
all
of
director;,"
stockholders; that if
steps to
enforce
their
note;,
Mr.
it
is
ar.:l
(that
hanks
the
if
return
steps
such
take
do
there
likelihood
little
is
company's stockholders.
Accordingly, the
strongly to the stockholders that the plan
the
to
ommend
most
of
Each
stock.
.common
When
the
declare
share
common
would
of
51
completed,
is
cents
share
a
the
ItiG,
by
company
writer,
P.
George
tional
of
filed
10
Breen,
186,
the
notification with
sold at market.
of
be
to
York.
New
working capital.—V.
letter
a
stock,
common
will
Proceeds
used
be
in
Offered
Inc.
bid
The
awarded
100.1599
the
for
certificates
annually March,
bid
a
on
same
100.5567.
Nov.
certifi¬
1948-1957.—V.
166,
24,000
19'-
of
Corp.
and
balance
Koppers
by
the
on
plant,
acceptance
with
Chicago,
interest
111.,
submitted
automobile,
of
acceptance
upon
other
and
land
agreed
to
quarterly
in
Co.,
will
of
offered
be
America—Files With SEC—
filed
6
5C
used
letter
a
cumulative
at
for
cf
notification
convertible
Underwriter,
par.
general
corporate
the
4P
at
the bid
of
and
the
Dr.
James
General
of
the
and
the
annual
28
are
capacity
is
and
balance
coke
465,000
166,
210
of
tons
ten
to
years
by-product
a
on
the
agreed
over
ovens,
structures
coke and by-products.—V.
tons of
Period End. Sept. 30—
Sales
of
and
Net
profit
—V.
166,
profit
director
Co.,
of
the
Pittsfield,
at,
plastics
Mass.,
Corp.—V. 120,
SEC
(par
Chicago.
166, p. 667.
division
has
been
laboratory
elected
of
director
a
459.
p.
pig
iron
Earnings
per
"Includes
of
$
s
outstanding
of
stockholders
have
at
At
an
adjourned
a
agreement
of
meeting held
and
by
dissolve
Samuel
earnings
shortage
prospective purchaser
Oct.
oil
this
16"
corporation.
S.
Glass,
of time, he
the
with
$1.20
tlncludes
Voted—•
special
liquidate
report
"because
Corp.
months.-
seven
to
followed
that
an
been
35)0,289
$0.42
Distilling
Dissolution
at
proposed
action
stockholders
390,289
:
Siboney
Distilling Co. for
the
11946
$891,135
481,335
share
common
Liquidation and
arrive
99,945,449
"1947
$325,673
184,673
earnings
Penndale
This
103,877,322
(& Subs.)—Earnings-
taxes
taxes
shares
approved
$
11,195,755
after
Common
1052.
p.
Pyle,
before
acres
1947—9 Mos.—1946
11,567,446
the
stock
Haas,
purposes.—V.
Nine Mos. Ended July 31—
760.
p.
1947—Month—1946
-
J.
Electric
Locke Insulator
Logansport Distilling Co., Inc.
the
unpaid
manufacture
to
T.
$3,255,000
bid
on
$2,751,000
with
preferred
Ray
Locke Insulator Corp.—New Director—
The
semi¬
be
or
Oct.
on
9
and
Inc.,
offered
of
organized
bid
a
There
equipment.
rated
the
and
435,000
Co.
Lorp.
shares
to
Proceeds
Gross
Tucker
plant
1480.
p.
bid
upon
the
$
$88,000
due
for
run
company
.
(S. II.) Kress & Co.—September Sales—
Stuart &
Halsey,
and
1947
1,
organized
to
rate.
coupon
elated
are
of
$2,750,000
quarterly payments, with interest at 4'-.
properly includes two blast furnaces,
from 1.15% to 2.20%, according to maturity.
was
for
The
cates, series H, were offered Oct. 16 (subject to ICC ap¬
proval) by Harris, Hall & Co. (Inc.) at prices to yield
issue
Co.
quarterly payments,
40
Tucker
pay
The
Iron
pay\$618,450
to
bid
a
Inc.,
Furnaces,
and
Coal
in
The
new
Kansas City Southern By.—Equipment Trusts
—An issue of $1,760,000 2V8% equipment trust
is
balances.
addi¬
for
which
plant
The
$12.50),
acceptance of the bid, and
yprs, with interest at 4'-
ten
proposed
baiar.ee
Under¬
567.
p.
in
Administration.
Co J submitted
Iron
Fulton
Hanna
and
SEC
lock
government-surplus blast furnaces and
Granite
City, 111.,
were
made public
on
being operated under lease
above company, war-time
lessee,
were
submitted
by
Fulton
Cleveland,
Ohio;
Missouri-Illinois Furnace,
Inc., Granite
111., and Tucker iCorp., Chicago, 111.
Missouri-Illinois
Oct.
on
shares
95,000
(1581)
the
$8,000,000
the
$522,500 upon
the
The
ovens
Assets
payments over
Johnson Automatics, Inc., Boston—Files With SEC—
for
for
The
pay
1258.
p.
CHRONICLE
Co.,
Ciiy,
to
present preferred
on
FINANCIAL
the
lion
slock,,
preference
new
purchase
War
by
Bids
into
intend
directors
the
on
representing the dividend now accrued and unpaid
Stock.—V.
changed
be
6
common.
recapitalization
dividend
a
present
new
Oct.
to
coke
by-product
adopted.''
The ^capitalization calls for changing each present preferred share
into one share of new preference stock plus one-half, share of new
one-third share oi'
bids
Three
recapitali¬
of
&
Koppers Co., Inc.—Proposed Sale of Gov't Plant—
any
directors_ rec¬
b>
zation
COMMERCIAL
THE
Number 4639
166
Volume
Chairman,
to
unable
was
and
to
negotiation*
discontinued."
a
meeting on Oct. 14, Mr. Glass informed stockholders that
he
been approached
by a financially responsible person who desired,
purchase all his Logansport stock.
had
Kawneer
Co.—Earnings for Quarter
Period End. Sept. 30—
IMet
profit
and
after
$229,887
$274,832
$0.76
$0.79
$0,94
$1.88
The
It
on
announced
was
which
about
or
Sept.
30,
1946,
payments
paid
of
30
payable
June
1946.—V.
the
the
stock
of
extra
an
30
last
To
Oct.
9
SO,000 shares
Corp.,
cold
and
by
registration
a
(no
par)
Goldman,
H.
Co.,
&
President
the
Underwriters,
York.
New
of
with
filed
was
stock.
common
Sachs
Kendall,
P.
statement
the
The
SEC
covering
The First
shares
The
company.—V.
166,
Boston
in
declared
Sept.
2,
this
2,
during
quarter
Dec.
on
Distributions
1946.
and
last
dividend
a
$1.20
of
60
year,
1946.
year.—V.
166,
each
cents
compared
as
An
of
extra
50
made
were
with
50
cents
Co.
heavily oversubscribed
investment group headed
were
which
had
underwritten
the
ex¬
change offer.
The
Income
close
business
of
preferred,
shares
and
of
The
and
lime
notice
$103
by
Sept.
Sept.
mail,
at
if
1957;
1,
in
each
and
tinental
Illinois
tional
PURPOSE—The
tvith
cash
effect
1256,
p.
and
its
offer
Ti
.April
Changed
Shares
<of
its
of
the
stock
payment
cash.
tion
Power
Said
subsidiary
subsidiary
$10)
by
for
redemption
to
the
unex¬
27,
of
West
its
the
properties
Middle
additional
prior
has
agreed
of
stock
common
1947,
1,
and
CAPITALIZATION
200,000
first
GIVING
TO
Cash
U.
contribu¬
a
Old
shares
of
of
unsecured
mortgage
Dominion
the
capital
$1,500,000
note.
5%
to
The
1,
for
2%, due $275,000
to Nov. 1, 1956
stock,
pfd.
(Common
stock
"Articles
at
400,000
par
200,000
shares
to
prior
1,
July
on
the
of
the
in
articles
the
first
of
six
Respective
FINANCING
tLand,
Land
$5,225,000
$10)
(par
period
incorporation
Sept.
months
number
Corp.
shares of
of
of
1,
has
the
<!Net
and
1947
and
JULf
SHEET,
in
1947
tl,530,000 shs.
agreed
to
1947-Dec.
1,
be
may
increased
or
for
at
purchase
stock
1947,
(at
cost)
31
of
names
shares
to
be
the
and 200,000
purchased
by
each
are
as
8,333
Smart
6,000
The Bankers Bond
6,000
Stroud
&
_
Co
<Glore,
Forgan & Co
Kidder, Peabody & Co
Lynch,
Fenner
&
Pierce,
Beanc
Bros
6,000
&
follows:
$1,336,682
50,000
75,000
1,461,392
&
4.000
Wagner
&
3,500
Co., Inc.
Company Inc
Moore
T.
&
"
942,564
3,012,451
2,745,699
Coip
White, Weld & Co
6,000
6,000
Almstedt Brothers
5,000
F.
5,000
Field,
5,000
Metropolitan
5,000
Russell &
5,000
William
4,000
J.
4,000
James
Becker
Bear,
Stearn
&
&
Co.
Inc.—
Co
B. Hilliard & Son
Schoellkopf,
Hutton
Pomercy, Inc.
&
A. C. Allyn and Co.,
Republic Co
"The Milwaukee Co.
166, p.
Dupree
Inc.__
4,000
1356.
D.
&■
Richards
Paeilic
Co.—
Central
L.
income
Co.
C.
St.
of
Co
Louis Co.
California
Long
R.
Van
&
$561,845
for
Deposits
refundable
bottles
St.aats
Co
Hooser
&
Co.
Willson
&
Ce.__
30,176
$1,107,537
$660,060
76,132
73,340
$586,711
2,963,806
2,963 806
$o-34
*°-2»
outstanding
output
of
(his
(Ky.)—Weekly Output—
for
company
kwh.,
the
compared
as
week last
year,
week
with
increase
an
company
shares
Kebbon,
be
($50
to
exchange
will
filed
par)
of
The
be
6%
two
used
to
11
kwh.
preferred
Chicago.
A
total
of
of
the
retire
tho-
1481.
p.
the
stock.
of
cumulative preferred
shares
1947
for
166*.
111.—Registers With
cumulative
Co.,
balance
Oct.
43.7%.—V.
registration statement with
a
5%
&
holders of
basis
piefei red.
Proceeds
10
McCoimick
offered
an
Oct.
011
ended
28,924,000
of
SEC
Under¬
15,764 shares
stock
(par
$100>
preferred for
new
each
share
shares
will
unexchanged
be
old
offered
publicly
preferred
working capital.
McAleer
and
tgf
^
Manufacturing Co.
EARNINGS
FOR
7
MONTHS
(&
Subs.)—Earnings—
ENDED
JULY
31,
1947
profit after charges and Federal taxes
Earned
per share on
203,650 common shares
—V.
166,
$131 76f
$n 5R
*U'0>*
857.
p.
McCormick & Co., Inc.,
Baltimore—Stock
We
V.
advised
are
shares
of
5u
that
there
preferred
leceived
aie
166,
will
stock
from
be
no
general
$lbO).
(par
employees
The
and
offering
stock
friends
of
will
of
the
761.
p.
the
be
1 400
sold
as
company.
.
stock
Common
returnable
on
738,849
519,732
25,000
on
250,000
250,000
2,357,702
3,699,867
100,000
2,357,702
2,732,536
100,000
$8,482,931
"After
1947
tAfter
and
$1 702 774
and
1947
depreciation
tAfter
1946.
$1,633,506
and
1947
11 After
$4,125.
in
deducting
in
after
$151,297
in
1947
Macy's
L.
and
New
Aug.
York
John
Moffatt
1946.
SAfter reserve
mortgage
reserve
payable
Sept.
1,
of
for
Federal
for
and
Cost
577,879
80,600
220,000
$143,665
$357,879
576,081
after all charges and taxes
outstanding at Aug. 31
Net profit
286,374
$1.20
Common shares
Earnings
—V.
3
common
per
of
Ended
Months
share
June
(& Subs.)—Earnings—
sales,
and
Income
"Other
1946
$6,184,332
$2,621,098
4,672,248
511,834
sold
goods
Expenses
buying,
Federal
departments)
publicity,
administrative
2,564,406
364,445
$1,000,250
profit
Operating
selling,
261,152,406 224,443 666
retail
income
rtal
on
"$270,827
82,946
64,352
■
refund
taxes
on
Crl9,836
362,500
30,800
$560,164
"$346,143
155,140
150,000
$3.52
Nil
income
5,217,000
dividends
declared
on
preferred
declared
on
common
common
from
Net
Common
shares
1,000
Earnings
per
profit
"Loss.—V.
-
outstanding—
common
165,
p.
share
703,800
and
expenses
and
$677,460
CONSOLIDATED
other
& Co., Inc., Fillmore, Calif.—Files With
sec—
sources,
interest'
ctnrlr
shares
nf
on
of
Oct. 6 filed a letter of notification with the SEC for
capital stock, to be exchanged for all outstanding
Rpps-Dnvis
Drues.
Inc..
Meriden.
Conn.—V.
1G5.
».
net
of
expenso
BALANCE SHEET
obligations
"Due
from
customers
other
tory
Estd.
3169.
(at
cost
or
red.
amt.)__
(determined
Miscellaneous
by
the
current
on
retail
523,000
leaseholds,
and
copyrights,
prepaid
fixt.
and
744,00$
170,000
equip.__
marks, goodwill,
2,037,482
745,000
expenses
trade
523,000"
2,023,722
assets
assets
buildings,
38,005,144"
invent-
income
Macy's Bank, at cost
in joint merchandising organizations
{Leases,
Total
taxes
in
Miscellaneous
tLand,
Federal
2,284,064
15,339,242
and
method)
of
$4,596,466
31,195,378
"cash-time"
1,767,994
21,383,672.
(incl.
instalment)-
refund
Aug. 3, '46
$6,685,139
Govt,
Supplies
The company
$5.02
non-trading
Aug. 2, '47
S.
U.
Invests,
50,000
'703,800
4,47ol320'
and after deducting
in 1946.
Cash
Investment
1592.
1,000
Lientz (E. C.)
9,334,826
168
2,75oi966
$3.70
broadcasting
1947
stock
stock
share
administrative
in
C,437^000
3*025
dividends
per
332,527
20,796 995
estate
income
Cash
Merchandise
2,000
1,000
20 464 468
12,288,059
loss
ASSETS—•
deductions
2 352 014'
12.348,055
operations
income
36,926
$1,005,612
Total income
2,202 918
2,758,115
7,071,059
of
$126,381
"3 744 777
2454'608
3,634,057
3,273,623
repairs
Dr59,996
taxes
"Income
$
662 451
occu¬
income
on
before non-recurring
corporate
Aug. 3, '46
285,082,754- 255
expenses
taxes
less rent
from
Earnings
53 Wks. En.
'$307,753
5,362
income
169 097 77-},
L9Hk498
and
salt
on
Federal
of
Other
leased
income
Income
Loss
(incl.
Cash
1947
30—
saies
of
197,413,819
1947.
1481.
66, p.
Leland Electric Co.
Cost
1,
$
sales
expense
Net
Net
Feb,
Aug. 2, '47
retail
Rent
224,265
interest
(est.)
_
52 Wks. En.
Net
$10,229,331
$0.23
taxes
JFrom
in
1946
'44
$
CONSOLIDATED INCOME STATEMENT
Maintenance
1947
deprec.
income
1945.
depre¬
$31,680
July 29
I_IIII
285,082,755 255,662,451
"From
except
Depreciation
31—
after
estimated
profit
'9,904,721
for
$10,809,057
Provision
13,364,106
$2,722,128
Total
$90,768
52 Wks En
$
151,789,247 121,555,509 108 835 <>88
55,639,825
51,713,281
41,895,104
36'243'760
29,459,230
26,119,330
20,123 746
13'209 723
17,837,370
16,135,872
13,839,460
11 609 003
Koch
&
52 Wks.En.
July 28, '45
165,799,596
Taylor
revaluation of $455,396
reserves
for depreciation of
Sales
Net
$
Davison-Paxon
Lasalle
O'Connor,
pancy
Ended
Aug. 3, '46
and
Bryant, Inc.—Earnings—
Months
53 Wks.En.
Bamberger
194.
p.
RETAIL SALES
$
$6,833,878
depreciation of $4,377
$3,596 in 1946.
""After deducting $594,000 in 1947 and
1946 U. S. Treasury
savings notes, series C, at cost.—
and
1946
in
$32,400
and
163,
in
of
accounts
for
reserves
$404,121
in
of
ciation
doubtful
for
reserve
1946.
NET
52 Wks. En.
and
boxes
Total
in
(R. H.) Macy & Co., Inc.—Annual
Report—
Aug. 2, '47
liabilities
sundry
Capital surplus
Earned surplus
Reserve for contingencies
Federal
1,000
1,006
'
$629,884.
$1,031,405
102,740
198,784
real estate (per contra)—
(par value $1 a share)
payable
Mortgage
2,000
1,000
538 36G
729,003J
,
59,006
41,568,000
old
252,733
155,655
429,549
contra)
(per
tax
1,000,
I
'
taxes, leases abahd.,
etc
shares
20,000
$294,651
189,463
taxes
and
expenses
Income
1,000
1946
$1,168,250
36,5691
income
The
10,996
104,700
$6,833,878
taxes
sundry
and
1,000
Co
1947
$1,814,103
SEC—
S34.875
10,934
cost)
assets
(trade)
payable
roll
2,000
A.
cur¬
pay¬
$8,482,931
Federal
Other
Co.,
525
is
1481.
p.
income
41,958
170,839
(at
whisky
Co.—Earnings-
Lyon Metal Products, Inc.,
Aurora,
3,000
2,500
Inc.
166,
revenues
exps,,
Electric
776,072
1,372,968
and other
and
common
bonded
Net
cost
land and building
in
said
765,333
:
4,000
Co
O'Neal, Alden & Co., Inc.
Security & Bond Co
Securities
G.
in
the
Boyce
Wisconsin
Berwyn
6,000
33. H. Rollins & Sons Inc.—
and
No. of shs.
Stein
Freres
shares
underwriters
$3,000,000.—V.
lease rentals,
corresponding
ot
39,041
at
charges
Accounts
6
several
about
of
$1,048,531
totaled
011
1946
(trade)
will
Glass
LIABILITIES—
200,000
1948.
The
Brothers
cash
follows:
as
company's
income
writer,
$1,239,361
hand
on
Total
3
130,000 shs.
this amount
the
Louisville Gas & Electric Co.
$14,262
$167,507
(per contra)
equity
Lane
5,225,000
8.333
—V.
in
of
and bottles on hand, with the
in
the
trade
against
deposits
boxes
Deferred
V.
200,000 shs.
common
of
company's stock
expenses
Taxes
8.334
Shields
BALANCE
buildings and equipment
and
building, subject to mortgage
able
$24,000,000
Lehman
J. J.
$30,607
1,125,944
contra),
(per
semi¬
The First Boston Corp
Union
of
depreciation
receivables
$500,000
Outstanding
No. of shs.
Merrill
for
1947
receivable
(Barrels,
1947
2,000,000 shs.
West
additional
UNDERWRITERS—The
Lazarcl
depreciation
'
securities
Govt,
Sundry
in
PRESENT
$10)
tMidale
400,000
.■shares
or
1948.
incorporation provide that the highest amount of in¬
liability which the company may at any time incur
including indebtedness evidenced 'oy bonds.
By amend¬
or
$50,000,000,
decreased,
cumulative
(par
of
debtedness
ment
for
provision
bonds, series A, 3r,'<, due May
rotes,
annually
par
$2.02
1946.
banks and
in
S.
in
cash
1977
43-i
93,750
$2 11
gold
*
1st mtge.
125,000
Inventories
in
$6,496,890
Authorized
Serial
provision
tlncludes
Accrued
of
make
to
follows:
as
shares
gas
Capital
$506,473
-
CONSOLIDATED
shares
of
advance
purchase
to
3,540
share
common
$150,014 in
Pay
company.
shares
Dec.
to
the
Corp.
West
of
296.600
$527,863
paid
1946.
shares
consideration
subsidiary,
3'<■
company
outstanding
480,311
the
-ttii, r2i9hr
2,602
341,200
surtaxes
ASSETS—
May
to
16,512
and
that
Depiec., depl, and amort, of intang. devcl. costs
11,592
250
taxes
at
exps.,
Total
will
$1 500,000
the
additional
in
Corp.
6,000
10-year
its
into
(ai
an
of
1947
134.375
Corp,
cash
of
32,480
income
from
income
shares
offer
same
$820,307
taxes
per
''Includes
in
and
CORP.—On
bonds,
15, 1951, cf which $2 450,400 were outstanding. The remain¬
ing funds thus derived from the sale of common stock have been or
are
to be applied toward paying the cost of additions and
extensions
due
Dividends
stock
exchange
cf
WEST
649,689
West
this
all
used
the
to
sale
$4,803,110,
Middle
its
by
Na¬
together
be
preferred
contribution
a
issued
surplus
Con¬
First
stock,
will
and
requests
consisted
of
of
the
On June
Middle
to
$2,500,000
evidenced
called
and
preferred
MIDDLE
made
which
capital,
to
BY
said
of
Registrars,
company,
of
ibl to purchase for $150,000,
subsidiary and (c) to make
Co.,
stock
Corp.
Drive,
stock.
the company.
company
used
$850,000
Kv.
Chicago,
22,814
accounts
profit
trade,
proceeds
STOCK
stock,
(par
the
to
Company
of
the
West
surplus of
after
or
Wacker
North
20
Co.
the
proferred
COMMON
common
common
normal
income
•Accounts
new
of
par)
of a stated value
stock
ipai
$10)
and
mo
common
deductions
Ky.
of
funds
of
new
Middle
1947,
3,
to the paid-in
doubtful
for
Sundry
to
there¬
or
en
$797,993
45,645
$918,306
Provision
37,495
the
1,406,521
$872,661
1952;
prior
1957,
of
the
of
OF
1,
June
1,
1.
2,176,075
2,146,272
income
Earnings
whole at any
than 30
days'
redeemed
Lexington.
Trust
shares
general
application
PURCHASE
if
2
Ma'ch
to Sept.
thereafter
Sept.
on
share
for
in
less
cr
4,440,019
expenses—
Total
cumulative
prior
1952,
Oil
Operating
$4,380,590
Balance
Other
owns
which I have insisted,
on
reached
corporation," Mr.
discounts
sold
and administrative
is
the
of
Profit
194G
$7,458,952
products
sale,
agreement
preferred.
disclosed
valued
Net
Net
ease.
to
of
Other
1947
after excise taxes,
sales,
-Selling, delivery
6
1.
outstanding shares of its 6'*
preferred stock either pursuant
junior
by
shares
&
Lexington,
130.000
retirement
or
changed
from
of
the proposed
an
Quarter Ended June 30—
1,
share
disbursed
of
if
stockholders
Louisiana Land & Exploration
with
per
also
that
the
the
dividends.
Co.,
Bank
Co.
the
from
the
Utilities
National
Trust
&
Dec.
not
upon
1,
per
each
company,
redeemed
nd $101
plus
case
Kentucky
Bank
il
in
at
for
preferred,
new
redeemed
if
expired
basis
entitled
Illinois Stock Transfer Co.,
agents.
Chicago
;
of
Sept.
on
share
1962;
of
is
quarterly
time,
share
per
shaie
option
to
share
adjustment
payable
at
time
per
1,
one
cash
and
2
for
(cumulative)
redeemed
$102
1962;
Transfer
of
1947,
1,
a
with
Oct.
share
on
basis
$104
after prior to Sept.
Sept.
was
stock
from
made
was
Redeemable,
1.
part
share
1,
the
on
irom
in
per
14.
preferred
Sept.
or
Oct.
rreferred,
l'>
434't
dividends
which
offer,
Glass
Admin,
allowances
and
+ Cosl
State
exchange
This
March
on
cents
was
all
the
on
11.
other
explor.
Federal
&
share
per
conditions
is
was
rently
of
the
start,
to
time.
Mr.
(G.) Krueger Brewing Co. (& Subs.)—Earnings—
publicly offered by an
jointly by The First Boston Corp., Lehman Brothers and
Freres
the
lit
It
stock, payable Dec. 1 to holders of record
total payments this year to $3 per share, as
2
the
made
shares
have
directors
each
in
standing 6% and 7% junior preferred, 97,216 shares, or
74.782%, were taken by stockholders.
The 32,784 shares
JLazard
weeks
compared
1052.
ferred stock offered in exchange for the company's out¬
%vhen
four
corresponding
year.
Six Months Ended July 31—
}iot taken by stockholders
the
the
be
being
are
p.
Kentucky Utilities Co.—New Preferred Exchanged—
Balance of Issue Sold—Of the 130,000 shares 4%% pre¬
is
in
2,639
Nov.
'
1
during
operation
against
as
common
June
Kendall Co., Walpole, Mass.—Registration—
On
in
stores
2,542,
Pay $1.20 Common Dividend—
$2.50
j
of
was
brings
372.
p.
period
1947
4,
"One of
fiom
$408,007,665
'
From
made
company
addition,
In
the
on
common
omitted.
also
1947,
30,
166,
taken
been
on
was
payment
each.
cents
Dec. 27,
on
30
has
action
no
become
Sept.
including
and
to
quarterly
that
12
would
The
31.
cents
was
Oct.
on
ordinarily
Dec.
number
average
Oct.
to
1947—40 Wks.—1946
$41,713,381 $561,627,573
$56,613,084
$542,132
ended
dividend
1947—4 Wks.—1946
Period End. Oct. 4—
Sales
$221,526
share
per
1947—9 Mos —1946
1947—3 Mos.—1946
taxes
charges
learnings
Kroger Co.—Current Sales Increased 35.7%—
175,000
1,138,603
33,101,219
975,552
26,499,456"
2,064,830
etc.
1,926,29$
2,369,080
1,452,463
$103,167,637 $94,558,16?
LIABILITIES—
Accounts
Amts.
Working
and
commissions
be
to
^Federal
depot,-, in
taxes
current
Taxse
collected
ie,ir.
from
for
4x/\%
and
war
preferred
par)
surplus
16,560,000
25,790,310
15,532,069
10,373,324
$1,365,000 in 1947 and $1,187,000 in 1946.
t After
reserves for depreciation of $22,650,812 in 1947 and $23,384,913 in 1946.
fAfter deducting accumulated amortization of $321,700 in 1947 and
After
in
$10,891,729
$6,142,758 in 1947 and
shares.-
tax notes of
SAfter deducting
by 1,719,354
^Represented
1946.
The
company,
long-term
will
modernizing its main
operat.ons in new stores
flotation
month.
of
Full
principal
and
25
terms
have
decided,
been
not
figured
has
debentures
iund
sinking
of
which
amount
thus
$20,000,000
but
far
the
is
conversations,
the
in
166,
the
Ended Aug. 31—
Net
(Incl.
earnings after
Earned
per
166,
447,345
Net
banks,
profit
830.000
Net.
$1,362,114
$1,323,467
$0.23
$0.68
share
per
166, p.
$3,821,647
$0.67
$3,823,918
$0.24
income
Earned
373.
Period
*"Gross
Ended
Whitney
George K.
has been
appointed
succeed Charles
the
trustee to
a
retired.
The appointment is subject to ratification by
shareholders, to whom ballots are now being mailed for return
Rowley,
than
later
Nov.
Whitnev
Mr.
since
and
&
research
the
b:en
the Trust
of
department
director
a
Massachusetts Investors
of
of
plant
&
Prov.
equip.
The continuing
P.
Jr..
Robinson,
Kenneth
and
Fed.
Common
Sept.
15 the oompanv
The
1948.
proceeds
added
been
inc.
on
directors
declared
8
ft^k,
common
This
340,000
450,000
issued),
$4.94
including
$2.57
materials,
labor,
40
Nov.
cents
31,
JULY
S.
U.
and
Aug. 30,
share
held, the old common Mock was on a $2 annual dividend basis, or at
the rate of 50 cents each quarter.—V. 166, p. 1482.
inc'ud-'ng
Nov.
1°46.
1,
Prior
the
to
issuance
share of common stock for each
1946, of one additional
bonds—at
receivable—trade
inventories
(after
and
other
machinery
and
equipment
deferied
(after
taxes
payable, including
income,
on
for the
$764,060:
sundry
reserves,
for
reserve
$86,534;
period
of
taxes
surplus,
income
on
months ended July
nine
stock without par value
common
earned
Federal
$4,718,882;
31,
1947
(200,000 shares
total,
$7,269,364.—
J.
Taussig.
dealers
ment
of
St.
President
Louis,
of
Taussig,
National
Airlines, Inc.—Earnings—
expenses
$759,992
1947—2 Mos.—1946
income
in
a
issued
-V.
31_
&
Uncollectible
oper.
$7,882,398
34,087
25,430
83.468.006
$7,856,968
rev.-
149,877
202,808
166,
7.024.243
.
due
Operating
7,107,276
1,020,834
736.204
taxes
8,372,593
3'a%
cv.
deb.
due
Net
—-V.
$647,559
$1,005,007
$5,343,218
taining
1,007,499
5,232,895
8,527,602
hqs
begun
announced
deb,
New
166,
1053.
p.
expansion
15.
Oct.
on
of
Addition
The Guaranty fw-t
of
Co.
York has
New
been
with
the
and co-registrar for the common stock ($1
agent
Period End. Oct. 4—
1947—4 Wks.—1946
Sales
$18,906,102
Sept.
for
include
1947
Co.
chain
since
sales
value).—V.
par
166,
Oct.
4,
with
the
1947,
705
Months
6
Gross
a
their
the
England
in
Standard
the
National
by
had
before.—V.
Tea
Co.
in operation,
stores
716
166,
on
goods
corDor"'Moo's
^ropo-al
Indiana
and
$14 75
at
Inc..
The
share
a
purchaser,
shares
for
Middle
West
as
Service
and
Co.
Inc.,
Oct.
holding
for
not
its
on
15
of
of
30—
June
the
obtained
by
224.586
buy
shares
common
from
1946
1947
income
Gross
1,144,808
Rt.
Paul
Sault
&
Ste.
Marie
226,665
A
has
Line
Soo
of
of
nrogr°m
hit
b"
P
Diesel-e'ectric
of
Ten
for
use
of
u"ed
of
■Cight
r-•-'!(•
in
the
ere
3,260
income
"0"'
comist
i son
vmin-
'a-mrm 'v-a
Linx"
soft
seats
of
decorating
-—st
week
of
the
it
two
t
500
other
units
The
most
per
train.
road-switchers
lines, hauling grain
horespower
the
branch
Soo
include
number
a
{,rc1
163.
above
$25,027 in
completely
interior
new
The
ICC
a
t1""
p-
after
acted
directed
suspended
n
on
Washington
the
Tj
t-h"'-^-"
creditors and
rani-ao
rircui'
-J
rc-P"" —'tan
a
M-r'-vi»r
to-
q-rnr'-.d
accounts, $5,320),
etc.
hearings
of
of
beginning
the
Apoeals
n'sa.
h^rn
on
at
been
the
Nor.
St.
Paul.
thp
is
(less
S.
Drtro'
XT
to
nav
s— c.,.,
$lo 0">
r*UroaH.
$106,555;
and refunding
Orl«*pn- m—- -
income
national
bonds;
Great
ct
->•>«—oa.
,
-•
r"
$iaioooq
Northern
loan,
$135,697;
Louis,
At-—,
<-eriea
on
for
JUNE
Mo.,
1947
(less reserve
for doubt¬
inventories—at lower of cost or market
$20,223), $273,096;
machinery,
buildings,
miscellaneous
and
equipment,
$503,34 7; deferred charges,
$328,079},
$1,501,377.
payable
to
accounts
bank,
$50,000;
payable,
current
accrued
$113,443;
portion, of
liabilities,
payable to bank (less current portion), $161,000; com¬
capital stock ($1 par), $229,541; paid-in surplus, $136,916; earned
since Jan.
1940, $614,781; total, $1,501,377.—V.
1,
1396.
162, p.
A
ja'-ue0'
^ond
nn
through
Mi<5<;0urj
I:
$6,324,140
aeries A. B.
first
mortgage
bonds
of
pacific
National Tube Co.—New Coke Plant in
Production
the
of
the
facilities
onening
National
employed,
capacity
it
tons.—V.
of
this
ox
Tube
800,000
164,
corporation
coke
new
N.
The
than
more
coke
new
will
tons,
Ohio,. at
11,000
plant,
plant
increase
with
a
capacity
Oct.
on
the
9
plant
are
persons
rated annual
to 1,650,000
425.
p.
of
on
C.
the
For
of
week
14,973,642
ended
kwh.
Oct.
This
production
of
's
10,
the
Association—Output—
the
Inter¬
Air
due
9212
1,005.4122
Line
1955
York
TJleXTEj£change
Exchange
old
old
stated
as
160.0000
Stock
respective
oper.
direct
securities
securities,
that
be
may
the
or
Exchange contracts in
by delivery either
settled
equivalent
in
166.
new
securities,
above.
agent is the Guaranty Trust Co.
of
New
York
New
1484.
p.
1947—3 Mos.—1946
revenues
$8,461,640
$33,403,834
3,009,302
2,583,744
12,070,623
$33 962,458
10 155,902
1,840.571
1,685,085
7,823,083
803,844
812.822
for
682,333
2,733,972
421,561
897,272
704,148
pur¬
resale
for
retirement
3.439,514
154,367
410,000
1,898,000
832 000
861,970
3,620,317
359,200
$1,770,727
$1,534,361
$6,817,927
$6,235,583
£>r74
1,548
3,300
$1,770,653
taxes.
499,000
932,602
income
Operating
$1,535,908
$6,821,227
2'
income
income—miscel._
Gross
Net
=■
income
deductions
income
Reduction
Balance
Earnings1947—12 Mos.- -1946
$9,762,297
taxes
509,382
479,919
$1,261,271
Federal income taxes.
in
transferred
to
1,989,969
$1,055,989
18,109
$6,253,692
$4,831,258
1,875,415
$4,378,281
Cr425,000
earned
surplus
$4,831,258
$4,803,28i
'Resulting from deductions, in the consolidated
returns, for intern,
amortization
charges on
securities
of
former
indirect
paient
and
Act),
in
which
January,
deductions
1946
under
not
are
Chapter
available
SHEET,
X
after
JUNE
the
of
that
30,
Bankrupts
date.
1947
ASSETS—Property,
plant
and
equipment
(including
intangible-:)
investments, $276,250; special fund (deposit restricts
to
construction), $7,225,820; cash in banks and on hand, $1,165 879
special deposits, $500; accounts receivable (after
reserve
for
$138,264,692;
uncol
lectible
accounts
operation
and
of
$145,024),
construction
$292,075;
undistributed
$2,237,814;
(at
average
unamortized
( 1947
expenses
debt
materials
cost
discount
refinancing),
and
less),
or
and
supplies
$2,779,814;
expen.-e,
$307,509;
io
pre
$147 087
other
deferrei
debits, $168,894; total, $152,866,333.
LIABILITIES—Common
and
a
stock,
no
par
value
(46.484
shares
is"Uf(
outstanding),
$22,000,000; serial preferred stock (par value $10i
$15,000,000; premium on 3.75% cumulative preferred
stock
first mortgage bonds ($13,000,000
series, due Jan. 1
and $33,393,000 3V4%
series, due April 1,
share),
1971),
divisional
Association
of
increase
an
13,637,934
kwh.
1,335,708
the
for
reports electric
kwh.,
or
corresponding
output
9.79%,
week
a
ago.
Gas
This
output
is
an
for
the
increase
Oct.
of
10
week
8,244,000
cu.
is
cu.
ft.
for
the
other
less
Operating
oper.
rev._
ft.,
or
corresponding
week
1947—Month—1946
27,502
Operating
a
year
ago.—V.
166,
Co.—Earnings—
1947—8 Mos.—1946
$84,515,282
175,845
Net
Net
—V.
oper.
after
incomes-
chorees
166, p.
135&.
accrued liabilities, $268,577;
unamortized premium
debt, $1,160,632; customers' advances for construct'nn
other
of
deferred
property,
taxes
surplus
166,
$34,380,198
23,366
76,766,857
C9,152;218
931.412
48,313
" 7,416,917
6,122,551
$970,669
$1,005,128
$7,238,624
$9,105,929
5,899,810:
537,392
$30,956;
and
prior
for
reserves
equipment.
retirement
$26,211,937;
$1,258,381;
years,
$1,084,736; contributions in aid of
$1 290,310;
unearned surplus (special)
p.
(since
Dec.
31,
1946),
total,'
$1,244,537;
(de
reserve
fo
for
reserve
expenses,
(non-refundable).
earned
—V.
credits,
plant
for
cycl
construct!-]
$24 840 169
$152
866*333
1484.
New York State
Rys.—Reorganization Ratified—
The reorganization plan of the Utica
Lines is approved in an orde
signed by Judge Stephen W. Brennan and filed in U. S.
District Com
at Utica, N. Y.
The creditors, largely bondholders, are
given two vear
to Vke advnntaee of funds set asu'e for
their benefit, after which
a
assets
become
property
trolley
bu ine.s.
further
order
of
Benjamin
by
the
&
614,598
3,930,142
Newark
the
F.
bus
company
Ti'ton.
Es.ex
Court —V.
135,084
$■"? '93.$11,024,259 $91,422,398
expenses—.10,211,A83ttap,970,818
Operating taxes—I-—
and
on
income
change-over
at 139,213,000 cu. ft.
6.29%, above production
$12,221,415! $11,047,625 $91,598,243
revenues—.
$393 144
current
expense,
reported
New England Telephone & Telegraph
Period End. Aug. 31—
$48,393 000
lien
(Elmira Water,
Light & RR. Co., first mortgage &'/
50-year bonds, due Sept. 1, 1956), $4,994,000; accounts
payable, $1 197
569; dividends on preferred stock declared,
$140,627; customers'* de
posits, $438,399; taxes accrued, $2,747,054; interest accrued
Federal
New
D and
579.3253
1937-
mentioned
cash,
$151,456;
New England Cas & Electric
14,
the
737.3414
1,000.0000
-
cue
Y.
4s.
New
1977,
Operation—
increased
were
Lorain,
at
owens
where
Co.,
announced.
is
of
130.969,000
first
261.6340
261.6340
$20,850;
1484.
comnanv.
RR.
5s.
&
payments,
Minn.,
0"t.
on
thp
261.6340
492.8053
492.8053
1947
30,
receivable
obsolescence,
depreciation,
$60,000;
Uncollectible
St.
492.8053
345.5607
345.5607
1.000.0000
Other
notes
of
among
345.5607
40.0000
40.0000
BALANCE
$39,104;
Operating revenues
- -
RR.
$0.02
depreciation of $27,594 in
Commission
distributed
of
eii iso
ban'40.
■
a^d
total,
p.
reorganization plan.-
a
-«
Pr-f'-
includes
$249,607;
and
land,
reserve
jn
Interest Favrnenti Aoproved—
O.
$138,834;
ICC
The
comnanv.
this,
Pen'-'mg
nrhirh
stockholders ehgib'e to vote
approved an >m"-a
for loss
reserve
assets,
above
nidation
Conrt
'ho
of jiaVat-
229,524
$0.27
statement
SHEET,
year
Missouri Fnriric RR—ICC Calls for Further Hearings
258.6609
263.2197
1946.
accounts
ful
of
1357.
p.
487..'.'052
495.7919
1.000.000C
chased
34,431
229,541
ASSETS—Cash, $190,834;
a"d coaches with improved feather-
''e-;or~>
341.6339
347.6550
dite
preciation)
Line
261.6340
due
(reorganized
an-
will
horespower
492.8053
RR.—
Operating expenses
Electricity and gas
$4,384
first
was
separate locomotive units,
3 000
7,485
$63,441
outstanding
Earnings per share
freight-hauling
new
256.5797
345.5607
40.0000
Ss
mtge.
Total
5,674
tue Takes.
of
"ars
faciVies.—V.
and
of
he
on
completelv rpm--'I'tprt Opening
18
ha-epaw°r.
of
a"ri
head
last
locomotives,
all,
483.2852
1955-
$17,543
5,073
45,480
(est.)
shares
Common
with
-
wiu
,***nroverp"n'«
recent,
delivery
in
$113,994
,.
tax
the
on
272.9318
338.8851
New York State Electric &
Gas Corp.
1,665
income
surplus
facilities
and
order.
on
l^nmoc'ves
n-«--
tho
on
the
vu^el-e'ectrio
.prpspie"'.
and. other products to
Other
eou'nment
n"*-cr-t'nar
naw
capable
be
wi'h
rtroip
streamlined
C
locomotives
the
r"h
o'ten
f"M
of
fle°t
r°w
a
unuiKed
of
514.0855
$15,878
expenses
credits
income
mon
ernizing Its Equipment and Facilities—
257.2735
360.4827
1956_
Period End. June 30-
144,943
$110,734
general
and
LIABILITIES—Notes
RR.—Mod¬
260.0485
484.5917
35.0000
702,899
charges
term
Minnenr>o"-\
$265.4991
489.8186
339.8014
40.0000
40
Federal
$863,720
operations
Income
1357.
p.
$500.0853
343.4662
40.0000
50-yr.
Other
Other
(less
to
were
166,
Co.,
SEC.
intends
Inc.—V.
&
$350.6656
35.0000
(deprec.) of property^
plant and equipment-
$1,482,207
administrative,
Profit
common
Ward
the
by
Thev
resale.
holdings
C.
P.
companv.
Indiana.
of
to
Pfd. Stk.
($100 par)
60.0000
50-vr.
the
Co.—Earnings—'
BALANCE
shares
11.299 6/20
Co..
sanctioned
was
d'-M^od
a
sell
to
Water
nersenal
a
in"e~tr""">+
Public
the
Of
G?s
of
registered
Inc. Bds.
1948
Maintenance
sold
NOTE—The
of
fully
40.0000
mtge.
above
and
com¬
as
1358.
p.
-
Middle West Corp.—Stock Sale Approved—
The
in
stock;
35.0000
mtge.
The
1947—40 Wks.—1946
stores
48
acquisition
company
year
Ended
sales
of
Cost
and
stock
due
mtge.
tne
$158,302,416 $112,773,610
$13,157,154
of
1947.
2,
On
1483.
p.
only
will
amounts
Gen. Mtge.
New Engl. Rv.—
mtge. 4s, due 1961
con¬
and approximately 300,000 sq.uare feet of floor
the company's facilities in Eau Claire.—V. 165, p. 3396.
Dividends
appointed co-transfer
securities
preferred
RR.—
plant,
new
issued
of
cash
Mtge. Bds.
1956
Housatonie
1st
program
the
old
fractional
shares
pur¬
dated
and
Central
st
$191,984
Co.—Expansion—
$3,000,000
a
Court
ser.
cert., due'56
York, N. Y.—V.
Net
Mid-Continent Airlines, Inc.—Co-transfer Agent—
be
the
company
of
for
and
company
of
amount
issued
to
this
decree
fractional
1945
117,668
bui'.diri&s
10
triples
Federal
charges
be
Cash
-
1947
50-yr. deb,, due
450-yr. deb, due
Dr6,093
3{>j$-acre plant site in Eau Claire, Wis., L. E. Phillips,
a
contracts
flat.
be
National Tea Co., Chicago—Current Sales Up 43.7%—
$8,601,876
601,550
income.
oper.
after
RR.
1954
Cr8,747
Cooker
issued"
shall
with
1947,
$1,000
per
Ry.—
Cons.
Pressure
"when
reorganized
principal
bonds
1947
due
deb.,
Cons.
Dr$456,027
1,
2022
of
final
the
for
deb., due 1954
deb., uue 1955
4'/
Income
Net
and
of
to
and
3'/2%
Cons.
1483.
p.
President,
space,
42,865,463
49,705,259
H.
4 la',
due
deb.,
cv.
$315,746
$.14,214
be
July
$45 0000
deb.,
1,451,534
$62,155,753 $59,839,932
5,331.127
(scrip
$100
income
ft
lntge.
deb.,
b'v
$464,775
1,860
shall
$12.2222
of
reorganization
order
1967
3 V2 '<
1,891,364
Dr$165,602
company
Selling,
Operating revenues.
Ooerating expenses
of
$1,000
foll'.ws
than
H.
N.
ref.
due
728,911
57,744
2007
to
of
4',^s
16,
Settlement of
from
4'/
8
securities
October
1st & ref.
1st
$153,818
Dr
of
Oct.
on
after
specified.
4s
of
settlement
Inc.,
company's
and
amount
income
securities
each
mortgage
Y.,
$1,767,280
Dr25
this
—Cash and New Securities to be Deli"erpd—
N.
$1,426,589
( net)
National Tool
1947—8 Mos.—1946
$62,358,561 $59,989,809
io47—Month—1946
$3,502,093
revenues
plan
new
lor
less
Boston
Michigan Bell Telephone Co.—Earnings—
Period End. A no-
the
as
of
Provision
Operating
will
1359.
p.
RR.—Ruling—
on
first
inclusive.
1957,
form):
925,569
income
pared
1194.
p.
to
1947,
exchange
$882,728
taxes
Grocery
invest¬
director.—V. 165,
Inc.,
agreed,
consummation
11,
$165,576
income
oper.
166,
Bros.
for 2s.
99.39
(Inc.)
Dealers,
in
rate
1945
Net
1,
otherwise
new
the
Salomon
1948 to
contracts
the
at
mortgage
4'a
1947—Month—1946
revenues
99.0599.
Co.
Securities
accruals
otherwise
4%
on
Co.,
&
elected
has been
Mo.,
Day
to
Sept.
4%
Period End. Aug. 31—
of
Hall &
Nov.
Treatment of Bond and Debenture Holders—
total,
payrolls, $777,529; accrued
$8,892;
The
general
Pursuant
suant
$50,623;
assets,
(after
charges,
plus
56.
Operating
common
Merchants Distilling Corp.—Taussig a Director—
bid
a
contracts
unless
in
$108,003),
reserve,
receivables
SI.947,875;
cost
way,"
Consolidated
Sales
Garfield
on
All
computed
1947.
new
v
since
21,
of
21.
contracts
Unless
the
4 '/<■
p.
"regular
in
bonds
1947
Government
accounts
merchandise
buildings,
than
acquisition of
holders of record
paid each quarter
1
to
share
per
14
issued"
Oct.
on
interest
bond.
be
SHEET,
"when
issuea
Oct.
200,000
sold
products
$547,982:
SI.000,000;
166,
be
"wnen
166,
Increased—
Oct.
Association
all
settled
accrued
450,000
$1.59
$1,265,438;
$625,59Si,
—estimated).
V.
shajl
$514,564
200,000
that
be
1
auarterly dividend of 45 cents per
a
payable
with
compares
636,000
$.188,126
National
ruled
shall
CfiiM-nl
miscellaneous
other
The
Oct.
on
the
on
17.
204.000
(est.)
expenses.
LIABILITIES—Accounts
I
The
34,826
200,000
of
cost
$962,920;
S142.520;
Net
capital.—V.
working
to
awarded
Philadelphia Plan.—V.
to
150,000
interest,
National
share
and
estate
$7,269,364.
from five banks under
evidenced by 2% notes due Sept. 14,
Melville Shoe Corp.—Dividend Rate
Oct.
$854,564
outstanding
manufacturing
land,
(Inc.)—Bank Loans—
ln46,
have
$1,658,952
$318,802
deducting
$2,264,473;
373.
p.
38,563
paid
$44,560i,
borrowed $1,000,000
agreement dated Dec. 27,
an
11,235
1,024
taxes
shares
-After
Other
Mathieson Alkali Works
was
New York, New Haven & Hartford
The
$816,001
4,152
Earnings per common share
Federal
On
issue
Corbett,
Co.; Alfred O'Gara & Co.; F. S.
&
Hutzler bid 99.548 for 2s. and
Harris,
Nov. 1, 1947; due $380,000 each
To be issued under the
991,216
$1,647,716
income-_
profit
Dividends
L. Sherman
Isaacs.—V. 166,
L.
1256.
p.
Inc.; Mason, Moran
Yantis & Co., Inc.
Merrill Griswold, Chairman;
tru-'ees are:
Dwight
Co.; Mullaney, Ross & Co.; The First Cleve¬
land Corp.; The Milwaukee
Co.; Martin Burns &
69,120)
26,040
deductions
for
Net
837,899[
$o2J,82/
other
real
of
Operating
Fund.
Adams,
$2,554,735
261,828
$519,675
and
sale
9 Mos.'46
$1,807,217
9 Mos.'47
$807,543
expenses
income
oh
other
not
in 1943,
Second
&
,
Dated
3 Mos."47
31—
general
deprec.
earned
Tctal
Loss
7.
joined
has
1945
$0.28
:
admin.
lor
Prov.
July
profit
Selling,
taxes
Massachusetts Investors Trust—New Trustee Appoint'd
Others making the offering included: A. G.
Inc.; R. W. Pressprich & Co.; Freeman &
Gregory & Son, Inc.; William Blair & Co.; Julien
The
(including $636,000
F.
222,409
$2.28
Myers & Bro. Co.—Earnings—
depreciation,
—V.
maturity.
&
accrued
1947—9 Mos.—1946
$6,151,318
$5,807,247
2,327,400
1,985,600
$2,055,967
732,500
$2,192,114
Provision for taxes
etc.)
companies,
trust
1,827,119
$0.56
share
857.
p.
ASSETS—Cash.
1947—3 Mos.—1946
$15,259,169
taxes
common
(F. E.)
Corp.—Earnings—
constituent
to
Co.;
$10,928,692 $32,060,236
BALANCE
Period End. Sept. 30—
Stuart & Co. Inc. and associates on
Oct. 15 offered $3,800,000 lFs%
equipment trust certifi¬
at prices to yield from 1.25% to
2.20%, according
cates
Collins
1947—9 Mos.—1946
3 Mos. 1947
sales
Net
—V.
Offered—Halsey,
Becker & Co
Motorola, Inc.—Earnings—
and
55.
p.
Marine Midland
signal project on its Texas
completed and material ordered
completion, and plans
signaling job.-; calling for a total expenditure of some
the company has its signal engineering and installation
very busy schedule,
it was announced last week.—V. 166,
a
on
Monday, October 20, 1947
New York Chicago & St. Louis
RR.—Equipment Trusts
block
$383,000
a
other
Period
23.
about Oct.
Exchange Commission
and
Securit.es
of
part
1357.
p.
time next
some
t;ie term. Interest of 2%% probably will be designated,
market conditions.
Present negotiations call for registering
issue with
—V.
issue
an
years
subject to
the
forces
CHRONICLE
Signal Project—
on
major
$1,264,000,
it is understood, is about to enter the capital market
debenture borrowing of
about
$20,000,000, most of
store in New York City and
for expanding
in other cities.
Negotiations going on between Macy's and the investment banking
houses
of
Lehman
JEJrotners
and
Goidman,
Sachs & Co. point
to
the
FINANCIAL
nearing
six
Interest
for
go
the
£z
Operating profit
$2C,000,0CG Debenture Financing Planned—
which
for
of
reserves
$198,500 in 1946.
for
lines
$103,167,637 $94,558,163
Total
*
With
-
16,560,000
25,790,310
19,148,362
10,373,324
$100)
surplus
Capital
2,226,411,
3,400,000
3,750,000
1,811,606
7,400,000
3,750,000
62,141
(par
tno
648,407
655,939
employees
contingencies—
postwar
scock
stock
Earned
1,270,169
y65,8'03
and
miscellaneous
self-insurance--
for
11 Common
1,839,472
cu:>.oncers
deposits and
payable to banks
Reserve
611,032
822,001
funds
(.rust
system
taxes—:
Customers'
Reserves
vacations)
(incl.
income
on
Other
Notes
$10,290,211 $11,507,436
3,698,468
2,889,006
payable
Salaries
COMMERCIAL
THE
(1582)
10
166,
the
succeeded
continues
th
unt
570.
p.
Securities
Liquidation Dividend—
which
trustee,
Corp.,
Newark, N.
J.~
liquidating dividend has been declared b" the trustees
in
nation, pavable Oct. 20 to stockholders 0(record at the
close of
liqui
A
Oct.
9.
National
&
Essex
This
buMne<
payment
Newaik
Securities
&
will
Essex
consi t
of
Bank'ng Co.
Corp. held.—V. 154,
one
for
p.
share
each
1415.
'par
50
'•">"uo
shares
of
$100)
c
Newar
3.
will
The
Sims."
S.
the
conversion
of
this
for
cost
of
conversion,
to
be
S.
by the U.
the transport
awarded
contract
a
has
elected
been
director
a
stockholders approved proposals to split the capital stock two for one, reclassify the 296,875
shares of $5 par capital stock into 593,750 shares of $2.50 par, and
increase the authorized stock to 1,500,000 shares of $2.50 par value.
V.
166,
held
meeting
special
Oct.
the
13,
.
952.
p.
tax,
shillings,
two
net
the
37
or
distribution
18\-z
or
cents
per
on Oct. 15 made
secondary distribution of 78,379 shares of common
(par $25) at $39 V4 net.
Dealers discount 600.—V.
166, p. 1521.
stock
Gas
Electric Co.—Bonds Offered—As
&
issue of Oct. 13
our
men¬
Pacific Telephone & Telegraph
a
Period End. Aug. 31—
Operating
payable
be
to
are
June
on
dated
June
and Dec.
1
1
agencies of company in
office of company in San
at
in
York:, jankers
New
Bank
Trust
Co.
Trust
&
1947,
office
at
due
Dec.
1,
1980.
Net
Interest
Net
of
company in San Francisco
New York and Chicago. Principal payable
Francisco ancl at agency of the company
at
or
1,
Co., and in Chicago, Continental Illinois
Company has no fiscal agent.
Service Co.—To Create Pre¬
ferred—
stockholders
.The
>
shares
from
of
would
convertible
be
be
first
issue of 272,694
increasing the common
The preference, which
into common
on
share-for-share basis, would
subscription
to common
stockholders—V. 165,
will
vote
3
Nov.
authorizing an
on
stock (par $20) and on
shares
to 3,000,000
shares.
preference
2,500,000
offered
for
funds
the
of this
55,999 000 kwh.
totaled
output
week last
corresponding
31,
AUG.
ENDED
MONTHS
12
San
operating
Total
operation
I
Ki'/r
3
,Series J 3'n
income
for
ref.
bonds due June 1,
for
State
income
taxes
taxes
operating
bonds
due June
Total
income
Net
deductions
I,
Oct.
on
declared
4
and
bonds
O
3'»
P
2'A*%
Series
Q
2V"1
due
bonds
Dec.
due
1975
1,
June
1,
1981
Dec.
1,
1980
bonds due
1st
preferred
per
share
A
Oct^ 9.
oper.
rev._
(par $25)
Operating
$6,226,261 $51,190,251 $46,868,256
5,015.652
41,011.661
35,660,392
710,101
5,637.496
6,191,598
$7,011,746
5,569,189
779,916
revenues
expenses
Operating
taxes
1,173,163
cumul.
800,000
400,000
cumul.
(par
$25)—
1,000,000
bonds
Net
606,013
charges
166,
$5,016,266
4,889,387
$4,541,094
4,072,346
$500,508
481,948
$662,641
income
oper.
after
—V.
10,000,000
resolution
to
dated
Sept.
On
1,
of
the
board
10,
funds
borrowed
the
N.
Francisco,
of
of
the
and
S.
Bank
Period End. Aug. 31—
.12 Mos. End.
of
The
American
and
Wells
the
N.
Bank
Uncollectible
oper.
1947—8 Mos.—1946
$1,773,077
$979,192
1.991
1,105
$189,207
154,344
12,866
$1,771,086
1,501,488'
137,294
$978,087
671,056
135,626
$21,997
4,081
253
rev.-
Operating
expenses
Operating
taxes
23,828
Net
after
V.
income
oper.
$132,304
51,009
$171,405
114,964
$20,439
charges
166,
9,484
Bell Telephone
$7,889,979
22,876
revenues
Uncollectible
rev._
oper.
Net
—V.
1,099,210
taxes
$1,026,814
$1,167,629
$8,059,850
$9,167,862
1,028,468
income
oper.
after
Net
5,741,079
expenses
Operating
1,153,337
7,935,455
9,045,752
charges
166,
$7,424,777 $59,927,182 $56,047,320
5,117,438
43,346.967
37,800.557
1,139,710
8,520,365
9,078,901
$7,867,103
Operating revenues-—
Operating
Pursuant
Int.
of
approved
District
OF
the
under
filed
holders
Securities
the
by
the
for
and
shares
of
of
of
this
company's
series A,
who had not exchanged
American
1947,
.•26,
Such
expired
and
:$158.60 per
-date
plus
of
represents
$6
This
the
discount
cumulative
$6
6,
iwhich
Inc.
1947)
sum
zits
cumulative
by
Broad
now
made
be
them
the
to
preferred
the
was
preferred
to
Other
bond
Oct.
stock,
on
Sept.
share
such
of
holders
of
preferred
the
to
31,
of
of
1945.
$158.60
non-exchanging
per
shares
of
stock, series A, immediately upon the sur¬
for such shares to this company at
N. Y.—V. 166, p. 1359
certificates
of
Street,
New
York,
Credit
Republic
Life
Co.,
Insurance
Chicago—
directors
the
class
B
on
Oct.
stock,
amount on the
declared
8
no
34,239,005
35,367,547
44,950,307
9,498,292
10,379,355
11,871,677
to holders of record Oct.
on
on
issue
will
—V.
164,
the
"B"
amount
p.
to
$1
a
dividend
and
of
50
cents
per
share
,The
share
of
752,496
794,109
21,952,014
per
share, the
same
this
amount
as
year
on
paid
in
that
1946.
record
the* deposit
Nov: 21
agreement
6f
American
dated
June
shares
24,
issued
1946,
under
After
Federal
in
taxes
income
on
arising
term
of
in
company
133
in
September,
the
A
had
136
stores
of
E.
Merle
Jefferson,
135
in
protective
Zimmermaun
with
Harold
—
J94G
operation
corresponding month last year.—V.
stockholders'
common
sisting
194-7—9 Mos
$3,511,031 $33,266,766 $31,374,523
1947
Peoria & Eastern Ry.—Protective
Company
is
business
energy
com¬
166, p. 1154.
Committee Formed
committee
has
been,
formed
con¬
Albert W. Greine'r and
Secretary, and Joseph Neme-
(Chairman),
B'arnet!
as
and
and
in
for
was
incorporated
in
of
public utility engaged, prin¬
purchasing, distributing and
commercial, industrial, agricultural
—V.
the business (from which for the
approximately 0.6%
of
its gross
distributing and selling water
towns
and certain rural areas, and producing and
certain parts of the cities of San Francisco and
of
sells
the company are Western Canal Co.,
water
for
iirigation
and Arlington
non-operative properties.
company
Frank
subsidiaries
its
carries
on
electric
York
6,
N.
Y,
as
Counsel.
system
is
and
this
and
company
amounted
3.2%,
to
its
subsidiaries
for
the
136,837,000 kwh, an increase
corresponding week of 1946.
the
over
Phillips,
Chairman, and K. S. Adams, President, announces
15, 1947, the company has increased its
price post¬
barrel on all grades at all points where it purchases
166, p. 705.
effective
Oct.
cents
per
crude oil.—V,
Piper Aircraft Corp.—Loan Sought from RFC—
The
corporation
pany's
preferred
According to
by
large
a
rate
for
in
If
W.
T.
much
and
longer,"
to
greater
but
he
receives
settle
materials"
by
the
withholding
have
with
payment
in
to suppliers
improvement
an
suppliers
cannot
stockholders,
the
bo
amount
loan
of
and
the
past
by
deliveries
the
five-year
issuance
notes
to
of
of
a
company-
goods and
"somewhat
suppliers."—V
954.
p.
de¬
said.
the
the
of
of
resulted
settlement
a
approval of
indebtedness
"for
its
use
principal
of a majority of the com¬
$600,000 three-year loan at 4% per
Reconstruction Finance Corp.
President, the loan has been made nec¬
from suppliers which have
contributed to
inventory.
"The production of planes at a.
acquisitions,
position,
loan
approval
a
the
Piper,
sales,
inventory
cash
the
by
orders
unbalanced
than
past
seeking the
authorized
excessive
and
less
the
is
stockholders of
recently
annum,
any
interconnected
of
1947,
or
1522.
p.
20
plans
transmission
11,
kwh,
ings
ferred
of
any
rural
California.
of
outside
nor
certain
which sells electrical appliances in
Properties Co., Ltd., which owns
Electrical Supply Co.,
Fresno,
the
in
purposes
which
output
Oct.
that
also engaged in
July 31.
1947,
derived)
166,
essary
and
Now
Phillips Petroleum Co.—Increases Price—
operating
of purchasing, transmitting, distributing
domestic, commercial and industrial pur¬
olectric
ended
4,298,000
California
generating,
for domestic,
were
Broadway,
common
Philadelphia Electric Co.—Weekly Output—
week
large part of northern and central California.
a
is
an
of
purposes,
The
The
BUSINESS—Company
company's
cities
and
towns
about
and
unincorporated
85
estimated population of
is also distributed.
having
an
250
more)
communities
in
most
of
166
'
PURCHASERS—The
the
principal
names
amount
of
of
series
the
Q
or
(each
(H. K.) Porter Co., Inc., Pittsburgh, Pa.—Division Ex¬
pands—
The
which
energy
several
bonds
principal
purchased
purchasers
by
each
are
and
"Nail-It"
George
as
the
manufacture
Hinderliter's
Tulsa
It-Kwik."—V.
&
Peabody
&
Co.
Co
Smith,
Barney
& Co.—
Portland
Electric
1,650,000
Harris, Hall & Co.(Inc.)
3,650,000
3,650,000
3,650,000
3,650,000
Tucker, Anthony & Co.
l,345;00O
The Wisconsin Co
1,345,000
Bacon, Whipple & Co._
660,000
The Illinois Co
:—
660,000
Kebbon, McCormick &
Co.
:—
660,000
William R. Staats Co._
660,000
McDonald & Co.:
550,000
Pacific Northwest Co.—
495,000
Elworthy & Co.——330,000
Hill Richards & Co.—
330,000
Merrill, Turben & Co.__
330,000
Sutro & Co._i
330,000
Weld
&
Co
&
Co
Hieginson
Corp.—
Becker & Co. Inc.
products
under
the
will
begin
trade
new
immediately
name
of
"Nail-
Confirmed by Court—
1,500,000
3,650,000
3,650,000
& Webster Secur.
Witter
these
165, p. 578.
Co.,
Lazard Freres & Co
of
works
2,000,000
1,650,000
1,650,000
Inc
Co.,
Loeb
Kuhn
G
"Nail-It" swivel joints and pump suction
couplings.
Manager of the Hinderliter Tool Co, further
General
that
3,650,000
&
Kidder,
LAe
Tool
Co.
Division, at Tulsa, Okla, announces its
manufacturing rights for "Nail-It" pipe couplings,
all
Hays,
announces
at
of
mud guns,
Shields & Co
Hemphill, Noyes & Co.
Hornblower & Weeks—
Paine, Webber, Jackson
& Curtis
$3,650,000
Eastman, Dillon & Co..
3,650,000
Glore
Forgan & Co
3,650,000
Goldman, Sachs & Co..
3,650,000
Dean
Hinderliter
acquisition
follows:
Blyth
A
1947— Month—1946
$3,722,387
The
from
the
on
incorporated cities and towns, about 225 unincorporated com¬
munities (each having an
estimated population of 250 or more) and
an
extensive rural area.
Company distributes gas in 106 incorporated
White
the
rent
$37 497 234*
Peoples Drug Stores, Inc.—September Salesperiod End. Sept. 30—
etc.
charges
Corp.
Union Securities Corp.-
deduction
liabilities,
148
Stone
3148.
accrued
22,037,339
operations,
Brothers
total
directors on Oct. 15 declared a dividend of four shillings per
on
the ordinary shares, of the
company, payable Dec.1- 10 to
holders
of
306,491
25,445,447
reductions
to
Stanley & Co.-
the
O'okiep Copper Co., Ltd.—Doubles Dividend—
v
310,985
24.405.835
Morgan
last,
and
stockholders
are
asked
to
join
the.
Committee
in
opposing Court-confivmation of the Special Master's
report.
No
authorization is sought from
the stockholders
at
this time
V. 166, p. 570.
inc.
the
payable
rov,
Harriman Ripley &
par
etc.,
depre¬
amortization)
premiums,
7,079,460
Lehman
1,
no
(less
Cr970,204
Aug.
15.
stock
ahade
value,
stock,
provision for
Cr970,204
supplies distribution systems extending into 46 counties of the northern
and
central parts of California.
Company distributes electric energy
in
(less
leaseholds
Cr87,375
ended
Valley
The
to
charges—unexpired
insurance
$778,474; total, $186,561,710.
'Cr87,375
steam
business
fixtures
improvements
11,469,358
only subsidiaries of
Neither
furniture raid
deferred
64,472
revenues
cities
certain
$2.17
1947
Dr379.173
natural gas,
of
JUNE' 30,
C?'379,178
company
city
SHEET,
and
Cr766,917
the
distributes
the
8,23) 953
$1.33
payable, $10,000,000; provision for Federal income
taxes, $17 1
460,822; reserve for fire losses, etc., and
employees' death and dis¬
memberment benefits, $3,094,182; common stock
(outstanding 8,231,952
no
par
shares), $34,122,767; earned surplus (including
undistributed'
surplus
of
subsidiaries, $2,378,337), $84,386,706; total, $186 561 710
—V. 166, p. 1522.
Edwin
bond
throughout
areas,
8,231,952
CV766.917
selling
The
17,882 767
expense.
e'.ectric
17
banks
208',736
10,940,972
construe-.
municipal
in
in
LIABILITIES—Accounts
41,579,730
9,857,720
debt
usual quarterly dividend
value, both payable Nov. 1
Together with the distribution of 50 cents
par
class B
advances,
318',055
AND
months
17 674 031
stock
common
41,261,675
and
12
of
Sales
1,501,980
1905.
operating
_
159,135
$1,768,623;
$12,205,575;
$1,704,563:
20,573,870'
deductions.
in
selling
final
share
per
ciation),
37,188,822
43,448,327
interest
10.
selling
Oliver United Filters, Inc.—Distributions—
The
20,920,853
38,586,417
Oakland.
privately at $5.10 a share 8,850 shares of capital stock
(par $1).
Proceeds will go to selling stockholders.—
V. 166, p. 1521.
on
26,518,734
35,994,984
405,869
HISTORY
S.
Shares Offered—Paul H. Davis & Co., Chicago has sold
■of like
23,835,367
company's funded debt will aggre¬
gate
approximately
$12,146,000
on
the
completion
of
the
present
financing. Annual sinking fund payments will approximate $4,000,000,
which amount, however, is
not chargeable against income.
cipally,
share
per
$687,750),
taxes
34,961,678
refunding
Annual
subsidiaries
of
5,366,722
308,145
electric
Old
$
6,156,018
33,930,860
to
inc.
be
to receive the sum of
rights of such stockholders.
per
1944
6,842,738
income
U.
were
of $159
1945
151,773,235
charges
to
the exchange
made
was
paid on such preferred stock after Oct.
has been dissovled and such payment
will
$6
Com¬
1946
•
S
income
and
chgd.
"Special
liquidation,
such
company
render
and
company
upon
such
share
50
Holding
share per annum from Oct. 31. 1945,
exchanges and minus the amount
per
making
dividends
jmy
Co..
share in full satisfaction of all
amount
■stock,
Oct.
on
this
plans,
such shares pursuant
Works
Water
Delaware,
under such
and,
Commission
Exchange
and
District
liquidated
-offer
of
Utility
Public
the
Dec. 31-
8',812.570
net
28,574,031
10,900,000
on
hand, $20,673,293; U. S. Govern¬
securities
(at
cost),
$25,100;
accounts
receivable—trade
and
miscellaneous, $541,750;
merchandise, at lower of cost or market
$138,854,432; investments in and advances to
subsidiary companies'
$7,640,837; land, $2,369,059; buildings (less reserve for
depreciation'
47,382,146
of
taxes
27,718,978
855,65#
10,781,837
(net)
notes
EARNINGS
160,^69,446
income
Amortizat.
The
its
Court
-dissolved
plans
Co.
51,157,831
funded
on
poses.
1935 by American Water Works & Electric Co., Inc., and
subsidiaries, including this company, which have been
of
Act
pany
-certain
the
to
Trust
revenues.—
oper.
profit
ASSETS—Cash
their maturity
63.560,402
and
704.
p.
Ohio Cities Water Corp.—Dissolved—
Union
to
74.150,275
'"Equivalent
1947—8 Mos.—1946
$7,445,867 $60,105,745 $56,173,673
21,090
178,563
126,353
1947—Month—1946
Period End. Aug. 31—
Operating
Co.—Earnings—
&
other—
and
inc.
16,720,394.
711,443
17,431,837
6,650,000
misc.
subsidiaries
pared with
Net
Net
Ohio
of
$
1055.
p.
of
National
transmis., distrib.,
Miscellaneous
Int.
Net
Bank
Bank
First
167,878,536
income)
Gross
$235,224
190,957
Operating revenues
promissory
Co.,
prior
notes
pro¬
company
35,884,002
Fed.
income
BALANCE
$500,-
176.613,074
amortiz
(incl.
Taxes
before
of
Earnings
18,
National
Crocker
A.,
Fargo
foregoing
1947
—
repairs
and
Deprec.
general
$189,334
127
1947—Month—1946
from
90-day
Trust
California
Anglo
California,
and
revenues—
oper.
&
rec
Net income applicable to common
stock—,
Common shares outstanding
$
Gross
Co.—Earnings—•
$235,477
revenues
June
the
program,
unsecured
its
on
The
retire
to
int.
Federal
mortgage,
working capital ancl
its
construction
banks:
A.,
Francisco,
expects
increase
to
its
SUMMARY
Prod.,
Operating
adopted
refunding
increased
was
for
Income
dates.
on
Ohio Associated Telephone
6,869,524
directors,
first
authorized
$10,000,000
&
The
San
Company
of
following
T.
purchases,
ment
in order
continuing
total
a
front
notes
1947,
for
plans
profit
12,654,349
$600,000,000.
to
Sept.
vide
the amount
1947,
taxes
retirement
income
Provision
may
1947,-and supplemental indenture to
1055.
p.
on
Total
be Issued under the mortgage except bonds
thereunder in lieu of outstanding bonds.
•(Pursuant
income
to
None
18,000,000
additional
Maint,
Net
exps.
4,211,662
1,600,000
Profits
issued
Federal
contributions
Operating
Disc,
4,600,000
July 31,
Operating
Shares
(par $25)—
(par $25)—
cumul.
$25)
(par
Company
75,000,000:
Total
Bank
1947—8 Mos.—1946
$6,235,477 $51,290,452 $46,932,077
9,216
100.201
63,821
$7,022,208
10,462
revenues
stock
American,
1947—Month—1946
stock, cumulative
1st preferred stock,
,
other than
24,875,000
Shares
stock,
1946; none since.—V. 166, p. 857.
gen.
amortization
,Series
1946
$
'$
)
322,061,455 284,300,898'
299,469,88 1 251,039,818"1,055,421
710,590
911,546
716,200
2,794,212
2,408,8Q#y
1,110,000
1,706',50O
repairs
and
stock,
Northwestern Bell Telephone Co.—Earnings—
Uncollectible
selling &
Taxes,
San
Period End. Aug. 31—
&
Depreciation
preferred
cents
merchandise sold
Maintehance
preferred
record
1947
79,345,000
first
25
of
48,467,000
12,700,000
first
holders of
15 to
Cost
1977
4'r
of
dividend
a
payable Oct.
paid on Jan. 5,
was
Subsidiaries)
Sales
23,904,000
110,093,000
1979
5',«
$10,066,993
of
.
18,744,000
1S71
1974
000,000
stock,
common
Profits
Ended June 30—
1,
Dec.
due
6,457,275
753,600
Northrop Aircraft, Inc.—25-Cent Common Dividend—
directors
Months
927,000
bonds
5Va%
1359.
like amount
(Including
6
1966
bonds due Dec. 1,
6'r
$9,566,458
_(J. C.) Penney Co.—Earnings—
mtge. —+600,000,000
3"«
6,598,959
$13,758,34/
2,925,531
3,691,353
income
7,664,681
11,744,272
2'(c
5,676,66/
$12,491,989
.
4,523,537
N
"No
income
620,044
M
$10,851,331 $13,503,657
1,640,657
254,690
income
income
715,279
1521.
p.
Series L 3bonds due June 1,
Common
Total other
charges.-—-
166,
stockholders will vote Dec.
15 on' increasing the authorizedcapital stock, par 50 cents, from
300,OOo shares to 506,000 shares, for
the purpose, among others, of
paying a stock dividend.—V. 166, p. 954:
Outstdg.
bonds due Dec. 1, 1970
K 3'*
5,391,369
5,347,750
599,750
taxes)
income
Federal
Provision
166, p.
and
1st
4,660,456
than
Provision
Operating
Co.
Capital' Stock:
(other
Gross
Electric
&
Series
Consol.
Maintenance
Depreciation
8,480,198'
6,044.224
Series
$49,781,271 $59,732,387
20,222,577
23,277,130
revenues
12,975,985
908,000
$7,930,000
Gas
Series
518,9(>4
1,125,855
Payne Cutlery Corp.—Plans to Pay Stock Dividend—
Joaquin Light & Power Corp. unifying and
mortgage
*$.150,000,000
6v
gold bonds, series B of 1952 (as¬
Pacific
,
1947
Company
Total
the
Authorized
2,081,135
The
PRESENT OFFERING
»
354,680
income
operating
Series
(Minn.)—Earnings—
Co.
Power
FOR
EARNINGS
The
TO
sumed)
for the week ended Oct. 11, 1947,
as
compared with 51,799,000 kwh. for the
year, an increase of 8.1 ','r.—V. 166, p. 1521.
company
States
Northern
on
GIVING EFFECT
taxes
596,177
148,252,263 100,844,635,
11,355,255 128,432,054
84,699,756'
September the corporation repaid $8,000,000 under the credit,
agreement doted Oct. 2, 1946, with a number of
banks, thereby reduc¬
ing notes outstanding to $18,000,000 on Sept. 30.—V.
166, p. 1153.
company.
CAPITALIZATION,
44,648
12,782,249
Pan American Airways Corp.—Reduces Bank Loans—'
treasury
program.
Series
V.
the
of
part
a
30-year
(Del.)—Weekly Output-
Northern States Power Co.
Net
become
refunding
Electric
Taxes
will
proceeds
Company intends to use an amount equal to
such net proceeds (a) to retire 90-day bank loans made Sept. 10, 1947
aggregating $10,000,000, and (b) to finance, in part, its construction
3056.
p.
of
net
93,998
24,297,919
21,090,949
In
-
PURPOSE—The
1947—8 Mos.—1946
12,826,897 148,848,440 101,199,321
rev._
oper.
expenses
after
—V.
24,391,917
revenues—
Operating
Operating
Operating
Co.—Earnings—•
1947—Month—-1948
revenues
Uncollectible
and
National
Northern Indiana Public
11
Secondary Offering—Blyth & Co., Inc.
share,
1
.
(1583)
a
share,
per
cents
The initial offering price was
interest, but due to the poor reception received
the
underwriters terminated
the
price maintenance
agreements.
100
Bonds
a
of
2%%, due Dec. 1, 1980.
and
Noblitt-Sparks Industries, Inc.—Split-Up Voted—
At
shareholders
share.
per
dividend
banking syndicate headed
by Blyth
Co., Inc. on Oct. 8 offered to the public $75,000,000 first and refunding mortgage bonds series Q,
Vice-President
Assistant
Watters,
27,
tioned in
of Buffalo Niagara
Executive Vice-Presi¬
dent of The Niagara Falls Power Co., effective Oct. 15.—V. 166, p. 668.
F.
cents
a
compared with one shilling,
1946.—V. 165, p. 2929.
as
Pacific
Niagara Falls Power Co.—New Official—
Corp.,
74
last,
CHRONICLE
FINANCIAL
by August,
completed
excess
Gustav
Electric
Dec.
on
"Admiral
to
27,
paid,
was
Army
of $5,000,000.
The company is presently working jon
four
ships being similarly converted for the Army under contracts
received earlier this year.—V. 166, p. 470.
is in
1948,
June
&
non-resident
African
amount
On
been
Corps
Transportation
W.
has
company
South
the
Newport News Shipbuilding & Dry Dock Co.—Award¬
ed Army Contract—
This
COMMERCIAL
THE
Number 4639
166
Volume
3,650,000
3,650,000
3,650,000
2,980,000
2,500,000
2,000,000
First California Co.
275,000
Federal
of
as
Judge
October
New
J.
11.
securities
A.
Fee
will
It
to
be
mid-December,
will
has
become
issued
Co.—Reorganization
confirmed
effective
under
the
the
in
plan
reorganization
40
will
Plan
plan
days.
be
available
about
Thomas
Portland
Power
The
bank
only
have
been
to
a
first
U.
S.
W. Delzell, one of the trustees, reports.
A
designed soon as exchange agent.
hitch now in reorganization proceedings, which
be
higher
of-
possible
in
process, more
than
eight years, is a possible appeal
court, to stay the order.
On October 4, four holdersf
preferred stock,, who made an unsuccessful appeal to the
Circuit Court of Appeals, filed a petition with U. S.
Supreme
Court,
■As
of
seeking
of
Oct.
Pepco)
found
that
P.
of certiorari.
1945, the valuation of the company
writ
31,
was
placed at $141,000',000.
At the
G. E.:s retained earnings and
same
(chief subsidiary
time, the couri
dividend
declarations
12
(1584)
.subsequent
THE
to
that
date
the
are
equivalent
of
any
This
at
the
time
Under
the
$680
holders
Prior
E.
$3
new
31,
G.
on
cash
special
declared
ORGANIZATION
of
$1,000
plus
share
bonds
stock,
valued
$103.50
of
P.
G.
in
will
receive
retained
FCC
Bond¬
dividends.
E.'s
pletion
plus
to
will
receive
6Vh
will
receive
two-thirds
dividend
a
40 %
pay
procedure
of
KSBR
earnings
shares,
will
effective
of
share
of
of
$10,957,297.—V.
of
166,
with
of
a
full share.
per
P.
by
total
G.
the
bond
the
is
E.
the
turning
trustees, with
claims
in
(Ore.)
dent;
cash.
E.
the
The
for 500 shares
1967.
$50
9
($50 par)
The
while
filed
delphia.
Proceeds
stock
the
working
will
letter
a
and
common
common
share
a
Oct.
on
will
debentures
firm
be
of
used
of
offered
will
Suplee,
for
notification
$150,000 of 5%
be
be
offered
Yeatman
reduction
of
to
at
&
the
($5
face
bank
be
made Oct.
was
17
at
loans
and
for
nary
capital and
between
surplus of
capital
written.
Fcr
funds
the
the
past
company
and its
solidated basis at the
year
ranged
1946.
The
from
ratio
55.0%
and,
received
by
been
ten
of
such
the
in
of
the
increase
capital
1939
to
of
as
Co.
low
a
June
ended
present
net
a
of
to
is
expected
by
that
the
substantially
in
company
Public Service Co. of
Period End. June 30—
Operating
Oper.
of
the
net
166,
$3,873,058
and taxes__
p.
Net
operating
income
-V.
Deducts,
from
to
In
—V.
166,
2,613,212
will
$3,824,566
13,819
$3,036,545
161,350
202,522
716,438
$3,838,384
892,655
837,513
$687,879
$571,200
$2,320,107
169,264,000
kwh.
40.7%.—V.
$2,108,216
Corp.—Output—
by this corporation
for
166,
the
corresponding
kwh.
week
as
com¬
last
year,
1522.
p.
In
September
in
the
the
open
a
purchased
company
8,200
to
2,678',431
market
at
an
price,
average
U.
S.
District
Court
of
exclusive
thereby reducing the number of
shares on Sept. 30.—V. 166, p. 1154.
its
capital
brokerage,
of
shares
outstanding
on
the
of
entered
its
and
On
the
Nov.
Ninth
and
at
in
a.m.,
the
United
States
Court
Chestnut
House,
Street,
Philadelphia, Pa., the Court will hold
consideration of the confirmation of the
plan and of
which
may
be
made
to
the
confirmation.—V.
hearing for
any
objection
Pi 162.
a'
Each
and
RCA
revenues
$993,989
$996,974
$7,584,298
Net
958,166
918,648
7,759,713
6,596,546
Operating
Ord.
>
inc.
Gross
income
$78,326
*$175,415
$2,651,455
I)r3,671
Dr70,077
94,642
$37,581
$74,655
*$245,492
3,226
24,330
385,932
$2,746,097
19,092
t non-com.)
ord.
Deducs.
$40,823
Dr3,242
inc...
income...
from
ord.
$40,807
$98,985
$140,440
$2,765,189
12.354
9,748
90,521
82,232
inc..
Net
ordinary income
Extraordinary income
Extraordinary income..
$28,453
Net
Do 67
Crl,869
$49,919
Crl78,820
$2,682,957
Cr86,634
Drl 3,75 7
Dr93,415
Dr95,755
$16,461
$77,349
$135,324
$2,673,836
8,700
36,450
74,600
income
Dcducs.
from
Net
inc.
to
$89,237
net
inc...
surplus..
'Deficit.—V.
166,
p
$7,761
$40,899
1,063,850
$60,724
$1,609,986
1055.
Dryden,
General
Major
director
a
George
of
L.
RCA
Van
Deusen
Institutes,
C.
Ingles who was
munications, Inc.—V. 166,
recently
p.
Inc.,
has
been
elected
succeeding
elected
$2,802
$190,141
the
of
change
a
Co.
to
in
this
of
name
Employees
its
Loan
always
are
as
corporation
subsidiary
Co.
(U.
will
plan
vote
at
1946,
of
the
7'.
of
the
first
shares
to
cial
President
of
General
RCA
Com¬
each share
cumulative
of
will
first
be
changed
mitter
located
Calif.,
Jam
fdr
on
1,
an
The
on
of
present
second
changed
into
into
11
166,
of
new
six
of
all
shares
accrued
second
new
share
a
at
new
share
$25
divi¬
preference
$7.50
new
of
share
per
common
lessor
land
1962,
BUSINESS—Company intends 1 to operate a
(FM)
broadcasting Station with
on
the
top cf Mount triable; 6'ontra Costa
Modulation
leased
wPh
is,the
State
an
10
bv
the
option
company*
on
part
firm
of-the
period
company
commer¬
a
trans¬
County,
expiring
to
at
a
mutually.^agreed upon rental.
Commission, State of California.
v»ts
Lands
the
A.)
of
new
com¬
of
stock
plan, the company will
preference stock,
100,000
shares
of
common
prior
and
(&
Sept. 30—
fund
be
bonds,
made
$
839,091,095
624,897,575
58,859,258
784,610,703
582,489,699
four
1946
Subs.)—Earnings—
1947
of
$717,659
168,740
272,710
$60,000,000
the
of
has
called
sinking
Nov.
fund.
15,
Street,
for
redemption
$196,000
1960,
Commercial
which
of
the
wil
years
is
1950
1958
at
York.
102 'A
15,
$438,404
for
&
lextend
the
at
same
payable
to
to
States
Nov.
15,
3'/4%
interest.
166,
1947,
discounts
bond
income
1947
of
New
to
1962,
will
renew
The
of
$186,830
mature
6
coupon
in
35,626
$277,804
1947
$300,000
Issued
and
each
under
on
bid
a
99.1699.
of
submitted
was
by
$99,973
Oct.
the
A
Halsey,
in
15
from
Philadelphia
competing
Stuart
&
bid
Co.
in
1957,
1966,
over
period
a
2%%
interest
insurance
and
inclusive.—V.
years,
the
last
follows
Reynolds
$3,000,000
$4,000,000
a
com¬
October.
of
of
166, p.
Rubber
Co.
below.—V.
166,
The
during
during
each
each
1154.
p.
Rubber-
$9,912,130
$6,709,425
2,969,413
5,011,193
3,555,764
501,624
342,098
616,867
432,445
155,278
239,263
151,506
102.428
90,825
135,507
90,237
85,298
119,387
113,841
375,767
345,157
496,372
478,738
84,045
taxes
$5,111,704
4,076,528
72,628
106,111
106,852
exps.
Fed.
1
expense
rentals
common
July 31,'47
33,144
47,233
197,517
$2,408,615
income
$1,017,862
$3,140,197
$1,552,737
income
432,133
308,346
554,468
390,645
$2,840,749
income
$1,326,208
$3,694,665
$1,943,383
charges
for
192,086
34,463
$56,229
201,041
$0.05
$83,710;
accounts
JULY
and
Net
No.
profit
$0.28
of
$837,888
$2,563,489
$1,186,217
1,345,570
1,345,570
1,345,570
$0.62
$1.91
$0.88
shares
common
share__
$1.47
BALANCE
SHEET,
ASSETS—Cash, $2,197,186;
for
serve
doubtful
interest,
Federal
notes
notes
and
inventories,
taxes
capital
notes
oil
$163;
AUG.
and
accounts
$1,267,393;
31,
1947
accounts
of
receivable
$19,404),
other
(after
$817,372;
current
re¬
accrued
assets
reserved
on
income, gasoline taxes, and
contingencies, $1,309,Continental Carbon Co. (30%
owned), $60,000;
current, $14,401; production
payment, $30,000;
and leases,
plant and equipment, pipe
stock
of
receivable—not
and
(after
gas
lands
for
reserve
depreciation,
depletion,
171; deferred charges, $198,418;
etc., of
total, $16,456,425.
lines, etc.
$7,623,917), $10,562-
LIABILITIES—Notes payable—bank, due within one
year,
$250,000;
notes payable—other, due
within one year,
$33,000; accounts payable,
$1,297,071;
accrued
taxes—other
than
taxes
on
income,
$155,153;
accrued
payrolls,
$44,659;
other
accrued
liabilities, $18,8G0; Federal
taxes, $789,909; gasoline
taxes, $134,414;
(non-current), $3,750,000; notes payablesecured
(non-current), $90,000;
reserve
for
contingencies, $385,000;
capital stock (issued and outstanding,
1,345,570 shares at $1*
each)'
$1,345,570; capital surplus. $796,512; earned
surplus, $7,366 278: total
$16,456,425.—V. 166, p. 375.
and
excess
profits
payable—unsecured
Sharp & Dohme, Inc.
Loan
—
Placed
the
tional
total, $4,000,000 has been borrowed
$4,000,000 may be borrowed when and
1949,
at
$5,644;
subject to
de¬
LIABILITIES—Accounts payable,
$35,311;
mortgage
(short-term),
$80,000; accruals, $66,661; long-term Indebtedness
(mortgage), $301,730;
common
stock, $201,041;
capital surplus, $326,606; earned
surplus,
$74,678; total, $1,146,027.—V. 166, p. 1360.
Privately—The
company has concluded arrangements with
Penn Mutual
Life Insurance Co. and the New
York Life Insurance
Co.
for an $8,000,000
loan, it was announced on Oct. 15.
inventories,
1947
notes, $188,634;
equipment, $546,419; prepaid assets,
ferred assets, $14,929;
goodwill, $1; total, $1,146,027.
and
272,791
484,375
outstanding
Of
31,
295,576
835,600
taxes
90,692
201,041
SHEET,
184,013
304,307
1,345,570
inc.
673,416
$1,975,247
Fed.
$1,388,188
6,021
share
BALANCE
120,024
36,000
operating
income
706.
15,844
outstanding
1947—12 Mos.—1946
$7,803 540
holes
322;
25
that
company
instalments
inclusive,
of
Corp.—Earnings—
1947—9 Mos.—1946
costs...
than
Earns, per com.
$9,823
plant
$313,430
$312,005
inclusive.
Oct.
Depletion
York,
1360.
$215,074
ASSETS—Cash,
121.068
exp.
stock
taxes
and
15,
Depreciation
for
profit
$306,690;
2,041
Crl,596
188,295
admin,
sinking
Payment
Co.
p.
Federal/axes
Federal tlfixes
per
112,761
Crl,G49
exps.
and
prem.
common
income
(other
Prov.
8 Mos. End.
Earnings
and
35,626
for
for
Julv, 1947
shares
103,899
95
End. Aug. 31—
and
Income
Redemption—
Oct. 15.
on
sales
Common
$547,704
1395,
Gen'l
$0.19
Trust
Y.—V.
profit before
Net
5,156
$449,977
bonds
A
ser.
2'4%
a
166, p.
and
Net
Rudy Furnace Co.—Earnings—
lor
$542,548
11,574
awarded
was
oper.
Other
mortgage
and
Bank
N.
Period—
Net
626,368
$444,949
Richfield Oil Corp.—Agreement With U. S.
United
1946
$1,168,915
1395.
p.
exp.
1,817,860
on
first
of
National
New
loan
with
loan
years
1947
$347,632
Oper.
1,817,860
$0.07
long-term
arranged
pany
166,
903,721
:
premiums,
available
166,
99.534
Inc.—V.
Lease
1946
$401,762
States, J. W.
loan,
1946.—V.
plan.
Selling
Reynolds Tobacco Co.—Places Loan
Privately
—The company has borrowed $30,000,000 from the
Equit¬
able Life Assurance Society of the United
The
5,
$1,342,125
depreciation
mortgage
interest
(R. J.)
$60,000,000
Oct.
31—
2142.
The
ended
maturity.
$233,022
Wall
weeks
dividends
income
(&
shares
due
at
46
Oct. 5,'46
$
64,007.283
first
Oct.
Period
1947
provision
corporation
trustee,
Oct. 4,'47
»B
Works—Earnings—
and
15, 1948 to Oct.
Gross
705.
the
—40 Weeks Ended—
Oct. 5,'46
income
Dated
Subs.)—Earnings—
share
of
bags
392,515
Revere Copper & Brass, Inc.—Partial
The
shipping
paper
1056.
p.
deductions
of bond
The issue
$71^B13,702 $62,268,225
p.
166,
1523.
p.
common
165,
recently expanded facilities
Que., will enable the Canadian
Seaboard Air Line
RR.—Equipment Trusts Offered—
Salomon Bros. &
Hutzler, Drexel & Co., Union Securities
Corporation and Stroud & Co.,
Inc., on Oct. 7 offered
$4,500,000 2Ls% equipment trust certificates at
prices to
yield from 1.20% to 2.45%, according to
stock.
recapitalization
shares
preference
longaddition,
bags for the Canadian export
225,000,000
said.—V.
the
Aug.
'Including Federal
Oct.
common
in
Ended
before
Balance
stock,
stock.
common
one
the
ot
126,522
of
land
of
redeemable
Van¬
the
in
(includ¬
change each of the 99,145 shares of
to
into
stock
shares
three-quarters
shares
proposed
second
preferred
1.3'/a
dividend!,
with
and,
a
preferred
preference stock, plus 10 shares of
preference stock will be redeemable at
into two shares of new common stock.
non-cumulative
outstanding
per
Coast
moderniza¬
former
on
prior
convertible
*
additional
S.
expenses
on
Amortiz.
outstanding,
second
into
built
was
revenues
Opera ling
Net
preferred stock
profit
account
Net
1055.
($5).
Frequency
Months
arrear¬
share
a
stock
and
the
of
the
Rivers,
of
company,
said
milestone in
the
83,289,447
only)
San Jose Water
12
Dry
of
that
West
paper
with
capacity
Canadian
another
expansion
factory
the
011
for
the
tipies
new
Three
a
of
plant
three
"the
announcement
U.
Preferred
$155.75
preferred
of
17
dividend
stock.
13 Weeks Ended July 26—
before Federal
tax
Net
paper
"marks
lor
together
and
develop
Miscellaneous
President
Major
Radio Diablo, Inc., San Bruno,
Calif.—Stock Offered—
Wilson, Johnson & Higgins, San Francisco,
recently of¬
fered (as a speculation)
41,000 shares of common stock
OF
plant,
Operating profit
Non-operating income
,
NATURE
in
1946.—V.
plan,
dividends thereon)
be
tax
subsidiary, has completed
bag plant at Van¬
a
1259.
p.
an¬
Recapital¬
Nov.
on
large
preferred
amounted
arrears
7,500
meeting
eliminate
cumulative
the
on
special
a
to
classes
two
in
89,806,638
S.
Balance
designed
dealt
During the four weeks ended Oct. 4, 1947,
company had 2,399 stores
operation (including 2,258 in the U. S.
A.), as compared with 2,427
from
also
was
Co.—Details of Proposed
quoted
Exchange
be
to
not always
alphabetical
alphabetical
near
Profit
Federal
plant
industry
sales
$27,110
Changes Name
of
name
be
with
shall
$
possible.
share
p.
Ltd.,
multiwall
Oct. 4,'47
(2,286
Corp.—Sub. Also
Republic Pictures Corp.
Provision
at par
added,
Ontario
the
notes
and
(Canada)
$450,000
capacity
serving
to
Taxes
See
Radio Corp. of America—New
President of School—
Harry
he
of
Sales
transferred
earned
new
24,280
Glenn, President, announced
Drl 1,425
_
149,780
changing
consummation
166,
beginning
certificates
Safeway Stores, Inc.—Current Sales Increase Sharply
2,660
sales
—V.
$9,248,001
expenses
revenues-..
a
$51,390
10.6G0
Reis &
6 Months Ended
1947—8 Mos.—1946
cper.
communic.
Paper Co.
Vancouver
Gross
1947—Month—1946
oper.
oper.
plant,"
annually,
$51,390
cumulative/prior
stock.—V.
p.
that
the
Paper Co.—Subsidiary Completes Plant—
annual
an
company
1360.
p.
as
stock.
of
and
1947,
1523.
Columbia, Canada.
Cosford, Vice-President
H.
view
The
2,691
$9,289
the
outstanding
—V.
Communications, Inc.—Earnings—
Total
Other
$337,260
$339,921
However, they
plan also
Upon
No.
Total
Net
to
166,
share
shares
166,
Aug. 31—
$5,462
$5,462
Employees
convertible
have
166,
1947;
1,
meeting the increased demand
34,110
transfer'd
the proposed
stock
1.
Nov.
tion."
couver
30
company's
will
Exchange directs that the certificates
Nov.
4 Weeks Ended
(50-cent
Earned
Period End.
28,579
2,658
surplus
1056.
and
dends)
for
11
$17,291
Remington Rand, Inc.
order
1947,
3,760
$19,949
31,
shares
$1.25
445,140
plan
at
3,110
all accrued
stock
Stock
on
Special write-off of
a
$689,501
320,452
trade."
outstanding. 4
share
a
plan.
19,
$85,500
Dec.
$182
ing
order
approving
$365,839
Credit Corp.,
Personal Loan
21,087
$526,983
60,147
that completion of tne new
organization's
long-range
term
ordi¬
stockholders
stock
Plan—
the Eastern District of
Pennsylvania
finding that the trustee's amended plan of
reorganization, heretofore approved by the Court, has been
accepted
by the holders of the debtor's first mortgage bonds and class A
(preferred)
stock in
the
percentage required in
the
Court's
has
$9,222
the
$87,507
Shamrock Oil & Gas
Quaker City Cold Storage Co.—Hearing
The
$20,401
recapitalization
mon
shares
share,
$55.46
Thomas
175,067
together with
Pullman, Inc.—Purchases Add'l Stock—
stock
565,338
(Robert)
on
3,774,120
811,496
British
"With
ization—
ages
798,831
31,514
interest."—V.
couver,
1947—8 Mos.—1946
NOTE—-For mechanical reasons it is
possible to arrange companies in exact
The
of
America—Earnings—
rCri.
97,297
$56,178
on
The St. Regis
construction of
3,723
income.
2%
St. Regis
shares
41,044
order.
new
238,098,000
of
shares
10,519,454
21,184
Electric output of the operating
companies served
the week ended Oct.
11, 1947, totaled
with
200,000
*
be
$3,015,361
for
increase
of
York
made
Operating
common
an
consists
$89,567
p.
Employees
have
3,448
Public Utility Engineering & Service
pared
"and
years.
Interest
12,453,767
$773,722
The New
contracts
operation
$199,499
from
Employees
$14,344,020
954.
p.
station
$5,499
__
497,499
94,280
166, p, 1056.
ex-interest
to
$20,643
nounced.—V.
1947—12 Mos.—1946
$849,229
income
studio
757,814
__
$5,275,117
574,990
$5,660,751
4,334,937
Interest
$668,247
addition
Under
Net
of
Area
be
$770,274
inc.
Bay
charges
$682,303
due
Nov.
1,
1947, on the first mortgage 4%
gold bond
certificates, due 1983, will be paid on that date at the Central Hanover
Bank & Trust
Company, New York, N. Y.
in
in
3,146
gross
all
the
947,205
position
charges
Special
from
6,322
$725,448
$5,281,439
St. Louis Southwestern
Ry.—Interest—
Brown, Presi¬
Treasurer, and
$747,706
Railroad
the
$846,083
(net)
income
electrical
87,161
income
166,
As
Gross
H.
Eitel,
1947—Month —1946
earned
to
1360.
$3,383,487 $15,469,128
3,026,975
income
and
—V.
of
Total
The
Other
O.
officers
$92,660
was
would
proceeds
radio
W.
6,660
Net oper. income
Net after
charges
organization
the
Oklahoma—Earnings—
1947—3 Mos.—1946
revenues
exps.
all
securities.—V.
the
be
121,321
income
69.0%.
It
invested
two
income
Net
nec
1947
proceeds
financing
link
capitalization
Deduct, from net income
of
73.1%
1947
30,
W.
$5,667,411
799
an
$100,678
ordinary
Net
con¬
during
30,
June
for
will
Extraord.incomeicngs.)
the
funds
on
written
minimum
the
the
to
Insurance
months
to
used
premiums
funds
from
company
net
146.0%
effect
be
ratio
Anchor
to
capital
the
12
giving
will
than
income
Net
as to improve the
relationship
increased volume of premiums
the
subsidiary,
during
after
stock
years
year-end
high
a
of
written
the
company so
the greatly
and
the
premiums
of
FM
and
watts
revenues
Extraord.
on Oct. 16.
The offering to stockhold¬
which will expire at noon Oct. 28, has been under¬
written by a group headed
by The First Boston Corp.,
G. H. Walker & Co. and
Brown, Lisle & Marshall.
sale
responsible
carry
Gross ordinary inccme
three shares held
the
letters
megacycles,
expenses
Deductions
ers,
from
call
100.5
50,000
this
to
operating deficit
Ordinary income, non¬
per
stock for each
new
and
Net
Phila¬
price of $28
a
share of the
one
of
1947—8 Mos—1946
$683,012
b57
rev._
Operating revenues
Operating expenses
Operating taxes
amount
Inc.,
Providence Washington Insurance
Co.—Capital Stock
the basis of
of
Period End. Aug. 31—
communication
standing shares
assigned
been
of
contemplated
transmitting
more
com¬
common stock
(non-assessable) of which but 100,000
outstanding at the completion of this financing.
Operating
Operating
Offered—Offering of 100,000 shares ($10 par) capital
stock initially to holders of the
company's presently out¬
Proceeds
of
proper
par)
SEC
public
capital.
on
top,
upon
1947—Month—1946
$726,305
oper.
usual
financing is to obtain capital for
broadcasting facilities on Mount Diablo, studio
the
radio
Under
^Telephone Corp.—Earnings-
revenues
Uncollectible
with
Legal Counsel.
Radiomarine Corp. of
bonds,
the
Co.,
period
a
will
with
Rochester
period End. Aug'. 31—
Operating
watts.
Vice-President;
CAPITALIZATION—The
Proceeds
debenture
directly
is
and
purpose
of
the
mountain
for
Small Loan Co., Inc.—Files With SEC
through the underwriting
share,
construction
equipment,
company on Oct. 13 filed a registration statement with the SEC
covering $6,000,000 of first mortgage bonds, due 1977.
The names of
company
has
1947
1948.
issued
power
250,000
it
is
frequency
individuals
who
J. A. McCullough,
Buckley, Secretary
D.
the
Pottstown (Pa.)
Monday, October 20, 1947
incorporated
was
16,
company have had
years
of experience in
The officers of the corporation will be:
1360.
determined by competitive bidding.
additions.—V. 166, p. 1360.
a
Feb.
work.
General Electric Co.—Registers With
the underwriters will be
will be used for property
license
station
on
of
power
and
company
before
transmitter
a
MANAGEMENT—The
$3
the
p.
The
broadcast
radiated
G.
a
well
bioadcasting
construction.
and
P.
plus
anticipated
a
263,
share.
per.
old,
completion
proper
$30.50-
at
channel
stockholders
hand,
on
Portland
due
company
11,
SEC—
at
HISTORY—The
CHRONICLE
California,
July
28,
1945.
It
has
been
Issued
a
construction
by the FCC applicable to the Mount Diablo site, under which
(subject to extension
application)
construction
must
be
completed
by Feb. 16, 1948.
Construction was commenced
Aug.
PURPOSE—The
The
AND
FINANCIAL
permit
payable
dividend.
to
requires
stock,
issued.
common
1945,
common
paying the special dividend,
trustees $1,600,000, which will be used
to
over
other
be
bondholders
of
stockholders
the
addition
will
P.
shave
per
pro-rata
the
of
for
a
supports
$3
1934
Oct.
retain
preferred
stock
This
cf
as
above
dividend
In
each
shares
preferred
First
new
of
securities
34V2
also
and
over
noted,
1947,
new
each
is
7,
plan,
cash,
share
a
it
July
on
interest
&
in
condition,
dividend
accrued
E.'s
dividends.
or
COMMERCIAL
The
loans
SKF
the
a
same
repayment
purpose
incurred
war
interest
plant
of
in
the
rate.
schedule
financing
connection
near
North
at
as
The' loan
27/a%.and
needed
matures
beginning Sept. 1,
is
with
in
the
part
Wales, Pa.—V.
(Continued
on
to
recent
repay
p.
47)
an
to
309.
the
1
1967*
'
temporary
of
addi¬
Dec'
1
'
1951;
purchase
166,
page
up
Sept.
bank
former
Volume
166
Number 4639
THE
COMMERCIAL
•"'•■/■J1'":''
'ft"
&
FINANCIAL
CHRONICLE
(1585)
■
''
f. '
DAILY RANGE OF PRICES
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSDE
LOW
AND
HIGH
Saturday
Monday
Oct. 13
SALE
Tuesday
Oct. 11
Oct. 14
9 per share
*74 3 4
< per share
75%
*80
8%
*84
8%
17%
17%
*48%
*104
COLUMBUS
DAY
*95
1
49%
40
39%
39%
8%
9
8%
8'%
29%
29%
29%
29%
29%
29%
*104
4%
110
*104
Alabama Sc Vicksburg Ry
Alaska Juneau Gold Mining
Aldens
93
94..
96
3%
3%
40%
35
*92
24
*64%
95
24
4%
—
189
36%
36%
95
97%
250
3%
3%
3%
25,100
39%
41%
8,000
67
67
*92
35
36%
95
200
12
190
12%
190%
11%
191
189 %
12
11,600
95.
400
11%
191%
189 %
20%
*20%
Inc
4%%
preferred—
Allegheny Corp
5 % %
Jan
11%
191
32
July
Allen
Industries
Inc__;
1
1,400
Allied
11% Oct
Chemical
&
Dye
No par
20%
21
21
100
Allied
Kid
35%
35%
36%
35%
36
35%
36
35%
36
2,800
Allied
Mills
35
35%
35%
35%
37%
36%
36%
35%
36%
7,800
99%
99%
99%
99%
99%
99%
*99 %
100 %
*99%
100%
500
Allied Stores Corp common
4%
preferred
41%
41%
41%
20%
Co
164
5
Co
10
44%
Jan
10
24%
8%
Sep
Dec
41% Jan
6
Nor
89% Apr
1
33
Feb
18
104
8
5
Sep
2
25
Not
Oct
90% Deo
4
135
Feb
Mar
12% Feb
81% May
103
Aug
Oct
8% Jan
29% Oct
Oct
17
52% Oct
69% Jan
82
Jan
18
38
67
Apr 12
24% Sep
12% Oct
16
196
3%
Jan
113
July
17% Oct
26
Aug
15
July 24
154
Oct
22% Feb
7
18% Deo
29% May 17
36% Oct
14
30
Jan
99% Feb
39% Mar
29% Sep
31% Not
16
18
61% May
91% Oct
17
No par
100
20%
8
No par
Inc
68% Jun
Feb
104
2
May 20
May 17
18
Jan
May
34% Feb
48% Feb
13
15% May 19
New
1,600
30% FeJ>
13% Oct
44
May 19
93
Jan
Feb
ISO
15
5-% Feb
$2.50 prior conv preferred-No par
Allegheny Ludlum Steel Corp_No par
56
Deo
May
11
17
102% Aug 11
2% May 19
25 % May 19
100
91
169
6% Feb
31% Jan
8
1
gtd
8
Oct
112
100
34%
*20%
15
Aug 27
92
7
40% Oct
10% Feb
38%Feb
19
4
Apr 14
18% May 19
100
common
preferred A„i.
34%
20%
55
16
104
10
5
*20%
*20%
100
common-
July 28
Highest
f per share
Nor
61% Apr
105% Oct
18% Oct
Alleg & West Ry 6%
35%
*92
-
—
_
67
*65
37
*92
*
39%
3%
39
67
4%
24
36%
No par
4,700
4%
27
May
30% May
6
May
27% Sep
1
Air Reduction Inc
58
$ per share
7
10% Feb
38
Corp..10
Corp.—
2,900
39%
95
10,500
106
*104
106
Admiral
110
19
13VaMayl9
No par
Addressograph-Multigraph
5,000
4
43% Apr
1
Adams-Millis Corp
2,700
:
Jun
87% Jan
6% May 21
10
93
93
35
Co—
Adams Express———
4%
3%
*23
Acme Steel
90
2.50
Year 1946
Lowest
9 per share
66% May 20
Co
22%
40%
*92
29%
52
share
No par
Straus____
Motors
22
3%
67
&
ACF-Brill
$ per
No par
com
22%
39%
*64%
Abbott Laboratories
20
4%
20
95
Par
20%
4%
20%
95
190
100
49%
3%
*188
7.000
39%
38%
34%
800
17%
9%
3%
66
58
17%
*49%
40 %
*38%
66
18%
Range Since January 1
Lowest
Highest
!
•'
8%
108
20
96
57
18%
2,100
4,800
39%
*
Range for Previous
STOCK
EXCHANGE
Abraham
8%
9%
4%
20
57
56%
18%
50
8%
8%
.
100
*80
100
8%
75%
40 %
9%
*104
4%
4%
56%
18%
*48%
29%
108
20
55%
18
-
75%
NEW YORK
Shares
tper share
75%
*85
8%
51
40
9%
29
the Week
75
100
8%
17%
39%
8
29
Sales for
Oct. 17
tper share
75%
*85
8%
57
*49%
51
39%
74%
.100
*56
Friday
Oct. 16
t per share
75%
8 Ye
56%
STOCKS
Thursday
Oct. 15
share
per
75%
100
*56
t
PRICES
Wednesday
6
105% July 28
99%
Not
30%
112% Jun
29% Jan
39
Jan
63% May
108
42%
42
42%
42
42%
13,100
99%
99 %
99%
99%
99%
99%
2,400
33 %
30% May 19
Jun 26
Not
99%
*32%
Allis-Chalmers Mfg common—No par
3%% cum conv preferred
-100
42,% Oct
99
42%
99%
42%
*98%
July
62% May
91
32%
99% Oct
14
33'/a
33 %
33%
33
91% Not
33
32%
33
95% Not
2,500
Alpha Portland Cement
No par
247/a May 19
35
Jan
23
25
39% May
'4
7%
7%
7%
7%
7%
3,900
Amalgam Leather Co
1
8 % Feb
3
4,200
Amerada
5% May 19
46
Jan 16
73
Mar 7
Amer
t
"50
53 %
♦50
53
£C%
80%
x80%
49
49
9 %
•69 '-4
7%
7%
6%
7%
*48
53
*49'%
84
84
84
83%
84'%
84
86
48%
49%
49 %
49 %
49%
49%
49%
49%
1,800
9%
9%
9%
9 %
9%
9%
9 '/ 4
9%
29,600
70'%
69%
71 %
1,500
23'%
23'%
3,100
9%
70
69%
70
22%
22%
22%
23%
•69%
70%
70%
71
53
70
70
70%
23%
24
23%
24 %
73
72
*50
72%
*71
52%
*72
6%
73%
12%
13
13
13
13
13
13
12%
13
41
41%
41
41%
41
41%
41'%
41%
12,300
n
41%
n
1
rl
1>V,
rl
1 1
110
5%
5%
5%
14,500
87%
1,900
*85 3 e
182 %
44 5
5%
86
45%
23%
23%
*108%
109 3 4
46
87
87'%
183
45%
*103
45
105
24%
24
24
109%
108%
1 Va
rl %
5%
5%
87'%
181%
46%
103%
24
*108%
5'%
5%
87
183
44%
103%
8*6 %
184%
182
104%
a
*103
5%
5%
85%
182 V2
1(5
87
183
182%
45 %
*103
45 Va
104
24'%
103
184
*103
3%%
3,900
cum
6%
Amer
Common
Amer
Shoe
&
Radio
Can
7 %
3,900
Amer
&
&
Fdry com
Cable
*108
110
48
49
49
49
49
49
500
American
Chicle
21
21
22
22%
22'%
22%
22%
22%
1,700
American
Colortype
20%
20%
20%
20%
21
21
21
21
20%
20%
1,200
American
Crystal
*98%
99
98%
98%
*98%
99%
*98»%
99%
*98'%
99'%
40
47%
48
47%
48%
47 3 4
48%
47%
48 ',4
46%
47%
117%
117%
118 %
115%
117'%
*115%
116%
117%
33 %
COLUMBUS
DAY
34
33%
117
34
34%
34'%
5%
5%
--
*5%
5 %
5%
16%
16%
16%
16 3
4
16%
16%
*17%
17%
17%
18%
18%
18 %
18%
3%
3%
3%
3%
3%
3%
3%
5%
5%
*16
94
*16%
16%
*81
82
*3814
38%
38%
38%
8%
9%
55
9%
9%
9
52
52
52%
52%
*52%
23%
23 %
23%
23%
23%
23 %
23%
8%
8%
8%
8%
8%
9Va
*98
*81
*12%
12%
*13%
14
21%
*112
LOW
*99
81
81%
*80
81%
81%
81%
30?
38%
38
38
38%
38'%
300
American
Hawaiian
9%
9
12,800
American
Hide
12%
*13%
14
22%
22%
23%
113
HIGH
SALE
*13%
22%
113
*111%
1 per share
23%
No par
Leather
&
400
13,500
American
Home
8%
5,600
American
Ice
1,200
American International Corp
American Invest Co of 111
*97
102
*12%
12%
14
*13%
14
22%
22%
23
9,000
*111%
113
100
preferred
conv
6%
12%
113
6%
American
7%
23%
99
99%
10%
10%
10%
29 %
29%
30
Locomotive
29%
133
*130%
*99
10%
I per share
23%
99 3
a
10%
1,300
29%
1,600
29%
132
4,000
3.90%
Amer
cum
Machine & Metals
60
10%
10%
10%
800
American
Molasses
*32 %
33%
32%
32%
33
33
32%
33%
33 %
33 %
1,000
American
News
11%
26,900
11
11%
107
95 %
15 Va
15
97
14%
15%
15
*178
183
*178
33
32%
180
180
11%
11%
107
105%
96%
95%
15%
15
180
178
11%
18%
18%
19 %
19%
19%
*41
42%
42
42
42%
42%
65%
65%
162
34%
34%
*143
146
*142
30%
30%
31%
66%
66
160
161 %
34%
33%
145
143
32 Va
*25%
25%
25%
24%
25
32%
25%
*24
25
42
*41%
132
*130
56
*54%
41%
19
*42%
66%
164%
25 Va
*24
43
COLUMBUS
♦130%
56
42
130
27,000
102 %
630
65 Va
159
34'%
34%
143
140
32%
31%
11%
12,300
Preferred
4%%
American
18%
800
American Seating
42'%
280
Amer Ship Building
65%
9,500
160%
520
64%
66%
159
160%
34
34%
140
142
34'/a
1,700
Am
31%
5,000
American
6%
25'/a
1,000
American
Stores—
200
American
Stove
42
157%
20,900
155%
71%
71%
1,800
71%
72%
*149
150%
148%
149%
148%
670
56
56%
4,500
117
117%
170
17%
51,800
*97
95%
95%
8
8
*63
35
7%
65%
35%
56 Va
*63
34%
*53%
*17%
\
48%
48%
101
*99
97
97%
8%
8
65%
49%
35%
8'/a
8
*63
65%
65
36%
62%
42%
42%
*52%
53%
17%
18%
108
*
108
'
49
48%
8%
61%
108
49 %
99
35%
108
17%
100
98
65
.
48%
*99
62'%
For footnotes see page
16%
97%
42%
18%
56
117%
15 Va
101
61
54
148
100
27,500
100-
6%
97%
7%
3,100
65%
Am
35%
35%
100
25
25
100
preferred
Wtr
$6
1st
Wks
Amer
Elec
Woolen
Preferred
Conv
&
100
com—No par
preferred
American
100
*64
Co
common
B
preferred
5%
1.100
8 Va
class
American Viscose Cor.p common—14
200
97%
Tobacco
Common
600
42%
108%
148
117%
15%
61%
•IQT
56
117
42
6i
*41'
147%
102
47%
101
148%
American Tel & Tel
American
Zinc
No par
common—No par
100
„—
prior
preference
Lead
&
Smelt
$5 prior conv preferred
35%
35%
20,800
Anaconda
Copper Mining
62
62'%
61%
62
950
Anaconda
Wire & Cable
42%
42%
42%
800
No par
com.
1
25
Anchor Hock Glass Corp
*42'%
108
108 Va
*107
108
240
53%
54
53%
53%
54
54
18%
18%
18%
19
18%
19%
600
5,100
$4
18
Oct
37%
Sep
Sep
9% Oct
14
5%
Oct
55
16
22% July 30
Jun
27
X34% Jan
10
10% Jan
May 16
24
106% Mar
Apr 23
9%, May 17
12% Oct
7
15
May 19
14% Aug 15
18% May 19
110% Jun
4
30% Feb 10
110
Jan
0
Anderson,
24.
-X"
'j
V
.'.V
th
y'-f-:
.'1
* "r,«-
Clayton
Anderson-Prichard
t per share
$ per share
18% Jun
94% Apr
28% Sep
10
19
101
'j'pv
<•>
Sep
28% Aug
14% Jan
129% May
44% Apr
118
May
85% Jan
12% Jan
44%, Oct
63v
31%, Dee
8% Sep
99% Jam;
35% Not
9% Sep
11% Mar
22% Not
111
Sep
Sep 25
x25% May 19
130
Oct
10% Oct
Lowest
$ per stiare
2
Jan
19
15% Feb
9
3
32% July 17
147
17
1
July 17
14% Feb
28% May 27
176
Jan
7
39% Feb 24
16% Feb 24
Jan
18% Mar
IIS
May
16% Jun
18% Jun
44% Jan
119
May
Jun
-
50
-No par
45% Mar
98
Not
106% Jun
12% Not
23% Oct
133% Deo
26% Jun
11
Oct
34% Sep
10% Sep
97% Jan
88% Jan
17
Feb
7
Oct
8
12% Not
1173% Not
7
27% Jan
109% Feb 24
95% Feb
14% Deo
43% Jun
163
July
17% July
Apr
60
22% Jun
133% Aug
123% Aug
23
Feb
186
Feb
42% Aug
108 % July
16% Feb
22% Feb
10
4
19
Sep
Aug
33% Feb
42% Oct
15
33
Sep
82
66% Oct
27
15
172
May 14
40
May 19
Oct
Oct
37% Feb
48% May 19
159
Highest
$ per share
21%
186
21
July 17
Mar
5
45% Sep
165
Oct
34% Deo
160
Jan
20
Apr
73% Jan
191
Apr
•0% Feb
16
158
Jan
6
25% May 19
37
Feb
8
27% Not
80% Feb
23% Jun
28% July 24
25% Dec
43
10
149% Jun
3
29% Jan
x45
Jan
7
2
146% Feb 24
62
Aug 20
19
174% Feb
4
Apr
15
82% Feb
61% Apr
147% Oct
19
84% Feb
5
5
62
163% July 23
16
41% May 17
x!16%Oct
58% Jan
10
26% Jan
3
120% Aug 12
24
Sep
38% Oct
138
8ep
47% Jan
172
Apr
May
38% July
88% Feb
318
Apr
•7% Apr
159% Not
73
Oct
•00% Jun
76% Oct
100% May
150
Sep
48% Oct
116%
Sep
13%
99% May
174
78
July
May
121
Jun
Oct
28% Jun
13
102% 8ep
29% Jan
110% Feb
70% Jun
110% Feb 13
12
May 19
xl00% Sep 18
100% Dec
182% Jun
18% Feb
30
50% Feb
16
May 23
68% Jun
5
8
106 % Jan
90
103% Feb
10% Jan
13
6
69% Apr
5"% May 19
62
May
2
1
87%
Deo
108% Not
7
Sep
64
Deo
•O
81% Feb
11% Jan
May
307/a May 19
45% Jan 15
42
Mar
5
35
Oct
65
Oct
6
41
Sep
60% Jan
40% Sep 12
51
Jan
4
38
Sep
111% Mar 10
58% July 7
108
Dec
108 ' Oct 14
46% Jan 16
Oit;porp^.|—10
14% Apr 15
&
100
Year 1946
Highest
com^-12.50
."4— iNopar
Co—4^21%
preferred
23% Jun
80
40
9,000
July
Oct
1
American Sumatra Tobacco—No par
156%
73'%
78
13%
17% Nov
5% Oct
6
May 17
May 19
May 20
*57
72%
Jan
Jun
11% Feb
8
Jun
57%
500
A'pr
Sep
25% Feb
34
American Sugar Refg common
Preferred
59%
32%
8%
42% Apr
21
400
58%
Feb
108
41% Not
101 % Feb
116
2,400
155%
47%
7
3
100
44
132
72%
*93
0
6% Feb
July 29
5% May 19
100
43
71%
*99
No par
No par
Co__
*129
57%
34"%
15
Jan
79% Oct
33
43
15
40
37
140
25%
155%
15
118 Va Oct
8
12
ISO
48% July 28
115% Jan
25
25 Va
74
14%
Mar 12
89% Sep 11
14% May 19
100
130
55
4
Feb
8
common
Foundries—No par
42
117
24
102
17% Oct
20% Sep
97% Dec
6% Feb
preferred
Steel
*24%
73
101%
Snuff
non-cum
American
25%
71%
15
-100
24%
72%
101%
47%
Co
Refg common—No par
25'%
72%
14%
&
24%
72
101%
Smelt
25%
71%
55
7
10414 Sep
5
17% July 28
34
5
Co
25
71%
117%
Aug
26% Feb
20% July 15
No par
100
Preferred
40
142
31%
32%
71%
54%
56
0
No par
10
Safety Razor
18%
42%
71%
116%
110
24% May 19
99
May 21
9% Aug 25
15 % May 20
Rolling Mill com
conv preferred
19 Va
71
54%
100
American
43
71%
117%
72% May
132% Mar
40% Jan
21
26,500
156%
117%
Not
96% Oct
21% Not
21
15 Va
156%
*53%
42
117% Feb
130
148
1
8
10
Feb
Q
129% Feb
34%
34
156%
157%
54 % Feb
9% May 19
130%
130
210% Mar
90
May 19
11% May 19
155%
56
106% Jan
100 V* May 19
*56%
1321/4
DAY
17% Feb
Oct
Dec
No par
Amer Rad & St San'y com—No par
177 Va
11%
101%
11%
♦18
Oct
79
9
Jan
45% Jun
184
10
49
19% Apr
74% Deo
1
8
No par
14%
11 Va
102%
10%
No par
Co
Light
5%
Oct
12
Mar
com—No par
177%
15%
178
1
preferred
101%
102%
11%
&
100
Co
preferred
$5
102%
103%
Power
$6
1,500
34%
10%
Amer
preferred
2,400
34%
102%
6%
96%
34%
10%
164%
106
95%
34%
163%
*34
105 Va
95%
34%
10%
164 %
11 Va
11%
106
33%
*103%
65
130
No par
American Metals Co Ltd com_No par
130 %
10%
107%
Apr
10
Lowest
com—No par
preferred
a.—100
10%
10%
64%
Range Since January 1
Amer Mach & Fdy Co
10%
97
Oct
Not
Range for Previous
STOCK
Par
210
10%
29%
23 %
99%
10 %
YORK
EXCHANGE
Shares
23 %
100
NEW
10%
107
1
100
10%
8
common
36%
28% Feb
90
1
Jan
3
Jun
100
100
30
Feb
16% Sep
2% Jun
6
preferred
10%
10 7
1
13
Jun
Not
9
Apr
115% Jan
94
No par
preferred
*10%
97
1
50
Products
common
non-cum
Sales for
99%
107%
com
24%
the Week
29%
10%
10
52 %
Oct. 17
10%
*95
Co
8%
Friday
10%
107%
SS
23%
I per share
24%
133
No par
preferred
52 %
Oct. 16
24
No par
24
Thursday
Oct. 15
136%
$6
40
par
88%
12%
37% Not
STOCKS
Wednesday
29
*134
preferred1
$7 2nd preferred A
PRICES
10'8
136%
9
$7
No par
Inc
53%
102
12%
12%
9
9%
*97
102
*97
113%
9
29
*134
Lines
Foreign Power com—No
*38
$ per share
100
Export
100
European Secur
American
Amer &
1,000
400
1 per share
*99
American
4,700
8,200
Oct. 14
23%
Tiling
18'%
Tuesday
24
Encaustic
94 %
Oct. 13
23 %
American
17%
Monday
share
1,400
17%
Oct. 11
per
Co
93%
Saturday
9
Distilling
preferred series A
16 7%
9 Va
10
com
3%%
93%
12%
AND
Co
American
17%
*93
100
1,900
93
14
21%
*112
4
10
com
9,100
19%
3%
Cyanamid
17%
101
12%
21%
16%
18%
4
Sugar
72% Oct
5
9
7% Feb
3% May 19
10
4%4&fc prior preferred
American
93
82
*13%
113%
5%
1
No par
Co
7
99
May 21
20% May 21
105% July 18
47% Oct
8
19
Sep
5
Xl9% Sep 12
95% Jan 22
44
Sep
9
112
Sep 29
25% May 19
100
(new)
25%
Apr
196% Sep
May 21
20
preferred
conv
17%
16%
*97
5%
5%
36
57% Not
7
l^a Oct
16
100
Mar 26
Jan
50
23
No par
91% May
83% Jun
77% Jan
17% Feb
3% May 19
82% Sep
181% Oct
No par
Inc
1,800
33
*16
18'%
60
93
*92%
IOO
5%
16%
*92%
*52
33
—
1
25
preferred
non-cum
Chain
48
*116%
Corp
common
75
Sep
80
2
100
American Car
100
24%
12,400
36
Preferred
20%
>
No par
com
Oct
64%
31
July 15
May 19
May 19
% Oct
48
108'%
9
rights
Cable
American
Co
*20%
*48
67
1
Corp
12% Apr
44
July 24
50
Sep
3
11% Apr 11
65% Sep 11
20% May 19
common
Sep
6% Oct
90
May 19
10
50
Bosch
Brake
51
34% May 16
8'/a
100
preferred
conv
*47 %
108%
1
preferred
American
700
45%
50
Corp
No par
Chemical-No par
Agricultural
103'%
24%
24%
preferred
Petroleum
American Bank Note
104,200
n
'
1,200
com
American Airlines common
80
12%
41
convertible
Inc
14
*
20% July 24
43%
Jan
62% May
xll4% Mar
*64% July
15%
Oct
May
13
14
NEW
LOW
HIGH
AND
Saturday
Monday
Oct. 13
Oct. 14
t per thare
I per share
t per share
$ per share
12%
*11
5%
38
*11%
12%
12%
12%
5%
51/8
5%
51/8
5»/a
37%
38
14%
107
14%
14%
106 »/2
107
50%
*104
51
50%
105
14%
105
the Week
*12%
13
*12%
5%
5%
5V4
39
39
38%
14%
15 1/8
14%
14%
*108%
109%
1,500
52
51
104
*102
14 Va
14
14
14%
14'%
14 Vs
13%
13%
13%
14
14 V2
14%
14'%
CQLUMBUS
110
108
DAY
110
'110%
112
15%
1,000
Arnold
141/2
1,500
Artloom
7,900
Associated
16%
16%
Constable
16%
16%
16%
17%
111 1/2
1101/2
111 »/2
111
111
190
6%
110'/2
110'/2
111%
110
110%
110
7%
2d
109 Va
20%
30%
30%
30%
31
30%
30%
30%
31
6,200
*83 %
83 '/a
83%
85%
85%
85%
85
85%
84%
87 >4
8,900
*102%
15%
*5,0%
102%
103
52 'A
*71%
*34%
*109%
76
511/2
52
32%
32%
76
*71%
34%
34%
1091%
109%
100%
100%
100%
23%
23%
23 '/a
1091/2
*68
68 Va
681/2
68V2
H91/2
119'/2
1191%
II8V2
*24
29
7%
71/2
8
*15
16
21
21
21 »/2
21%
21%
22
20%
20%
201%
20'/a
20 3 4
*20%
22%
'201/4
23 3
4%
1,350
100%
8,100
70%
580
Atlas
*115V2
116%
200
4%
23%
20%
1.500
20,700
5%
5%
41%
41%
41%
41%
1,300
$2.25
15V2
15%
15%
15%
15%
15%
500
Babbitt
Aug
32%
Jun
I24V3
Dec
153
May
125
Dec
148
May
121
May
125
Jun
2
2
Oct
78
Feb 10
100
Oct
10% May 19
183/4 Feb 15
13
Oct
No par
RR
40% May 17
59
Feb
34% Feb
13
45
Sep
15
26%
Dec
49% May
68
Dec
94
31
Nov
105
Nov
common___l
25
31 % Apr
15
107% Jan
15
100
98% Apr
14
105
Aug
B
21% May 19
26%
73
121
27%
12%
18%
July
July
auly
Jan
Feb
Feb
24
28
9
30
10
18
29
27
8
8
62
common
No par
preferred
,100
Corp
Apr
18
113% Apr
22
57
No par
22%> Mar 11
No par
5% May 16
pfd ($1.20)_,__No par
13% May 19
common
77
5c
19% May 14
29% Jan
5
xl7% May .13
27% Jan
7% Feb
49
Feb
Canteen Co. of Amer
Corp
(The)
common..a3
preferred
conv
29Va May
Jun
83
May
8
__5
series
$3.75
Mar 29
393/0 July 8
113% Sep 22
1C0
Co
Mfg
5%
41%
5%
Sep
Jan
preference series A„_10o
Automatic
Avco
41
5%
34
99
4
prior
42
5%
41%
Line
Nichols
5%
30
Nov
112
22
Tack
5 %
Oct
17
May 23
Jan
conv
Autocar
6,100
22%
20%
a
21
Dec
12
4
13
Feb 13
Feb
4
Feb
4
May 19
30% Aug 26
23% Jun
Powder
Co,nv
15%
18%
Feb
17%
20%
132%
134
66
preferred
Refining common
Austin
1,200
8
8
*14%
Jan
19
100
Corp
Atlas
29
May
112% Feb
36% May
com,,100
10
I SS Lines
W
conv
Atlas
July
Sep
65
,10
Preferred
231/2
23
22
139
Nov
102
Feb 17
110
May 17
Sep 25
Oct 14
Sep
42 V2
7
'a
18% May
Sep
112
100
Fe
non-cum
151%
5%
41%
5%
*41
*15
540
10%
6
•
Co—
& Santa
Coast
&
Atlantic
6,700
*24
16
8
16
F
5%
34%
8
*14%
8
15 %
Atl G
70%
29
15%
7'/2
*7%
*
Atlantic
1,300
110%
100%
23 %
117%
117
*24
29
*24
29
*24
1181/2
2,500
32 V4
76
34
70
69
69
68%
*117
4,700
A
110
110
101
23%
24
23'%
23%
32 Vb
*71%
76
351/4
109%
100%
101
100%
101
24%
25
34%
109V2
34%
110
51
52%
32
*71%
76
T
108
1
Jan
55
6
Sep
14
110
100
Inc
17
14
15% Mar
jfeD
Few
lO-ttk
*
26% Mar
1301/2 Jan 24
8
10
J per share
13% Sep
4% NOV
ban 29
10
6% Feb 21
39% Oct 15
10 % May 19
100
T
preferred
52 V4
16%
52
32
*71%
16%
17
5
—
common
Topeka
5%
500
103
103
103
32
52 %
31
52
30 %
30
16%
16%
16%
15%
16
*1021%
103
103
103
New
Atch
103'% Sep
38 % Jun
102 % Jun
No par
common
Investment
Associates
30%
Corp
Goods
preferred
preferred
Dry
1st
*110
com
Corp.
*110%
16%
15%
15%
111
Co
preferred
$3.75
*141/8
15
13%
15%
80
Nopar
No par
No par
$ per share
15
29
Highest
t per share
17
Apr
93/4 May 19
com—__5
Cork
Armstrong
4,100
15%
14
111
52Va
103'%
51 '/a
52
104
30
Illinois
of
$6 conv prior
Sep
3% Jun
No par
pre.erred
Co
&
12
5
Inc
Co
Products
Armour
57,600
IO8V2
105
51V2
20
Mining
Copper
A
Archer-Daniels-Midland
108 Va
P
W
1,900
2,400
5%
15%
*104
Andes
200
13
39
$ per share
Par
Lowest
Highest
Lowest
EXCHANGE
Shares
$ per share
t per share
Year 1946
Range Since January 1
STOCH
YORK
NEW
Sales for
Oct. 11
108%
14%
107
51'%
105
391/2
38 Va
38
107
Rahge for Previous
STOCKS
Friday
Oct. l(i
Oct. 15
-
RECORD
STOCK
Thursday
Wednesday
Tuesday
Oct. 11
YORK
PRICES
SALE
.Mprtday, October 20, 1947
COMMERCIAL & FINANCIAL CHRONICLE,
THE
(1586)
4% May 19
No par
May 16
39
22%
51% May
130V2
Jun
34%
Apr
97%
Jan
Oct"
x53%
Nov
114
Nov
25
Sep
•*0% Aug
10V4
Nov
25%
16%
Sep
23% July
18
Nov
37%
Jan
15%
Oct
32%
Aug
Nov
14%
Feb
41
Oct
83%
Feb
Jan
6%
135
Jun
Jun
B
*15
*15
15i%
(B
17%
17%
17%
18%
18 1/4
18%
18%
18%
17%
18%
16,900
Baldwin
12%
13
13
13'/2
13 Va
13%
13
13%
13%
13%
29.500
Baltimore
19%
18%
20%
10.200
18%
18%
19
*13%
13%
*13%
19%
19'/4
19%
18%
4%
14
14i%
*14
14%
14
14%
800
Bangor .&
66
66
*65
66
66
66
100
Conv.
4
47 %
47
47
25%
25 %
25%
26
50%
50%
70
31 7
32%.
15,200
*65
67
*46 Va
48
46%
47
46%
47
*25
25V4
251/4
251/4
25'%
25 3
*50
50%
50%
50%
*50 '/a
31%
31%
31'%
31%
46 3
4
51
31%
50 %
*50%
31%
32 Vs
8
14%
14%
14%
14%
14%
2,500
Bath
22%
23
23%
22%
23
2,900
45
45'%
45i%
46
46
45
45
800
99
99
*98
101
100
*33
31
19%
*191/4
104%
104i%
8%
9
9%
*33
33'%
30%
31
19%
19'%
19%
105%
33i/2
8%
104
104
9'%
9 Va
*33
33'%
31 Va
31
311%
*19%
19%
19%
33 %
Foods
3%%
Beaunit
Mills,
Beech
Aircraft
*33
34
50
Beech
Creek
31
1.500
Beck Shoe 4% %
Beech-Nut
18%
18
18 Va
4.600
15%
14%
15 %
14%
14%
5,100
Bell
Aircraft
24
24
24 %
24
24%
2,600
Bell
&
*104%
104 %
105 Va
104%
*104'/4
4
*104%
105 3
10
4
331/2
33%
34%
34%
35
34%
35
34%
34%
10,400
Bendix
V4
20%
20%
21 Va
21
21'%
22
23%
23
24%
24,000
Bendix
25V2
251%
251/2
25i%
25
25%
24 3
251%
24%
24%
2,100
95
94%
94%
94
33
20
*94%
27%
27%
271%
27%
27%
94
.
28%
4
*93
28 Va
281/2
37%
28
23
28V4
28
28%
28
28%
28'%!
9OV4
921%
90%
92%
91
92%
90 V#
92
141 %
141 Vs
4.300
28%
90
142
142
60
60
*15 Va
COLUMBUS
15'%
15i%
15'/4
DAY
OW
141
AND
HIGH
«
141'%
141%
141%
*61
62
*60
62'%
61%
61%
15'/4
SALE
15%
*15'/4
15 '/a
62
—
15%
Tuesday
Wednesday
Oct. 11
Oct. 13
Oct. 14
Oct. 15
Oct. Hi
I per share
t per
share
share
*30%
31%
*30i/4
31
30'%
31
16 V8
16%
16 1/4
16%
16%
16%
32%
33
32%
33%
55%
16%
*361%
55%
50 Va
16%
16%
*36
37
23 Vs
56 Va
32%
55%
33V4
55%
17
16 3 4
17'%
37
37
37
23%
23 Vs
24%
'30%
16%
22'%
1 per share
30%
1,100
Black
16%
16%
9,100
Blaw-Knox
32 %
32
55%
3,300
10
22 3
23 %
22%
23 %
18,800
2,400
37%
39%
391,4
40'%
391%
96%
96%
961%
97'%
*96%
55%
4
40
39
39 %
97%
98
98
52
52
52
52
51
51
27 %
28
27%
28'7
28%
28%
23%
28%
43%
43%
43%
44
44
451,4
45%
54V8
54 Va
53%.
54%
54%
55
54
54%
*.98'%
100
9%
*98
101%
4%
*4%
39'%
*38'/a
38 v4
38
*105
29 %
38%
106
*10%
19
18%
19%
32
32
32'%
*31 %
*104
*22%
19%
*122
11%
74%
37
*94
20%
*33.%
20%
COLUMBUS
105%
*104
DAY
22%
23
19%
19%
*122
124
IDA
11%
74%
75
*37
37V2
98
98
105%
23
20%
124
11%
76
37 Va
98
29
38'%
*104
18%
3.2%
103%
23'%
20 Vb
122
12
76'%
37
*95
Class
Bond
9.9%
4', '4
13%
13%
13%
13%
13 %
36%
25%
36
35%
36
29%
29 3
38%
39
291/a
a
39
*103
105
32%
104
241,4
20%
122
38%
104
29%
2,000
39%
2,200
104
10
2,300
19
19%
19
19
*33
33%
33%
33%
*102%
24
19%
*122
103%
102%
24%
24
20 %
124
19%
*122
102%
240
24%
1,700
11%
77'/a
76%
77%
77
37%
x36Va
37
98
*95
98
36%
*95
37
21%
21%
21
21 Va
34
34
34%
34
34
21%
21
21%
20%
21%
20%
21
98
96'%
97
97%
971/2
97%
*91»%
95
94V2
*86 Va
88
*141%
14%
14%
141%
14'%
15%
*8Va
8%
8 V2
8%
'8'%
8%
*86%
*80Va
82
83
83
*86'%
*801,8
88
83
93 %
*86%
14%
2,500
34%
93%
*92
88
*86%
15
*8
8%
83
*81
4%
100
14,900
;
1,300
8%
83
Brass
■
Butler
13%
14
14%
14 %
14%
14%
99%.
991%
99%
99%
99
99%
380
3%
3 s%
3%
3%
3%
3%
3%
3%
2,100
Butte
19 Va
19'%
19%
20%
20%
20%
20'%
20%
20%
20%
5,600
—
3.100
'
102%
102%
102%
102%
70
27'%
*26%
27%
*26%
27'%
400
32
32%
32 V4
32 V4
31%
32%
2,000
53%
53%.
52 %
52 %
2 Vs
2%
2%
2%
2%
8Vb
8
102
27
27»%
*31
31%
31 Vt
3134
*52
531/2
53
53
2
2Va
*102
*26%
103
19
46% May 20
14 % May 19
Apr
112
Jan
Oct
58
Jan
28%
7
,
24%
Sep
17
06%
Dec
29% Nov
29 % Sep
22
yy
FeD
4
150
Jan
27
28% May
66
Feb
23
Jan
36 V, May
112% Aug
52V2 May
Feb
31% July
Nov
114% July
Deo
168
53
Nov
22
85%
3
18% Jan
35 Va
143
83%
Mar
Apr
No par
No par
No ear
2.50
100
1
100
100
100
10
Jun
10
Oct
16
14
34
Nov
24% Oct
15
18
Dec
Sep
Feb
11
42
Oct
8
101
Sep
9
52
Oct
35% Feb
7
27% Nov
42%
Sep
55
Oct
15
36
Nov
102
Sep
10
99
Dec
9
49% Jan
3
6% Feb
14
10
.
13% May
120
Jan
9
May
72 % Jan,
25% May
97
Oct
14% May
26
May
14
May
19
2
19
15
20
3
19
14
19
95% Jan 2
80
May 19'
84
Jun
4
12% May 19
6
May 19
72
Jun
6
11% May 19
99
Sep/12
(A 1V1) common
Participating preferred-
3%
13%
94%
19
May 17
May 19
Ma,y 22
May 19
California Packing common,,No par
24%
52
2
6%
Apr 28
Sep 30
May 14
May 19
May 19
May 13
Mar 15
July 1
Sep 29
May 17
Jan
Apr
July
48 Va May
57%
Apr
61%
Jun
107% Aug
11% Jan
35 Va
Dec
Dec
34%
Jan
Jan
95
Dec
18% Feb 27
13%
40 % Feb
11
Sep
Oct
20%
30%
53% Jan
31% Feb
10
23
Oct
42%
Jan
2
109% Apr
Jan
3
96
63
7
Jan
69 %
72
21
28% Feb
20% Sep
Sep
73%
112
12
1
13% Feb
36% Jan
11
4%
18% Aug
66 Va May
35
Mar
30% Dec
39% Feb
3
5
5
Nopar
100
No par
Co
Feb
Jun
58
Sep
Jan
-100
Zinc
30%
33 Va
July 23
18
May
Oct
18%. Oct
37%
41 %
46
Nov
15 Va
Wet
56
Highest
$ per share
31
10
33% Oct
Jan
102
Nopar
—5
J a n \6
X20% Feb 10Y
17% May 19
No par
common
36v
$ per share
share
25% Jun
5
,,100
Inc
Lowest
50
35% Sep 12
104
Oct 17
15
1
100
Year 1946
January I
67
:
Jackson
37
Dec
116
37% May 19
97% Mar 14
3% May 19
32
'May 20
8
Sep
8
85
Oct 10
12 % Sep 30
30
May 17
23% May 19
No par
No par
4%% 'preferred
Byron
Oct
16
FeD
95
No par
common
&
Nov
16%
Sep 26
51
Oct 17
25
May 19
38% May 21
34
15
common
9
14% May 19
2.50
No par
Copper
15%
102
21
$ per
28% Mav
5
common
Co
Apr
Oct
35% jnn
28*/b Jan
Highest
May 21
12% May 19
18% May 19
41
Apr 26
14
May 17
15
Co
Inc
Mills Corp
Since
25
5
100
Gas
Co
Mar
Ti
103 % Feb
$ per share
(absented). 100
Byers Co
102
19% Apr
1
Bros 'common
13%
99V2
3%
271%
9
15
76% May 19
136 % May 19
5
3%% conv 2nd preferred
3%% preferred
Burroughs Adding Mach,
No par
Bush Terminal —
—1
Bush Term Bldg ,7% preferred—100
13%
103%
Oct
25% May 17
No par
preferred
991%
*26i%
D4
No par
Co
13%
*102
17% Sep
No par
A
Inc
30%
17
28
Jan
21% May 20
2.50
Bearing
Watch
Burlington
15,500
88
14%
15 Va
8
*81
*34%
(The)
*3%
14%
24 % Oct
,5
common
Airways
991/2
100
7
,15
Maine RR
&
Bulova
100
93»%
May 17
39 % Feb
Corp common
preferred
Bullard
180
93%
7
Buff Niag El Corp $3.60 Pfd
1,600
21
21 %
95
2
1
preferred .:
Buffalo Forge Co.,
100
20%
*90%
6
No par
$5
1,700
98
21
*97
20%
550
•
32%
*97
Nov
Lowest
(The)
cum
Roller
Budd
33,600
12 1/4
76 Va
98
Feb
11
106% Aug
Inc,
Bucyrus-Erie Co
1%
preferred
40
124
12%
21 %
4
104
17
39% Mar 31
2
103
Range
Brothers
Inc
110
2
Feb
Range for Previous
preferred
&
May
15
Jan
14
common
class
73
118% July
40
18% Oct
STOCK
$3.60 preferred
Bruns-rBalke-Collender
.11,100
19%
Co
Sep
Nov
12
18% Jan
No par
Co
46%
111
7
24% Jan
No par
Brooklyn Union
Brown Shoe Co
400
34
20 3
Sep
30% Jun
6'
12% May 16
10
,100
Brewing Corp of America
Bridgeport Brass Co
Briggs Manufacturing
Briggs & Stratton
Bristol-Myers Co common
3% %' preferred
13,300
12
12%
108% Feb
31% May 16
18
No par
Co
Braniff
4,600
19
12
104
Jun 19
5% May 27
No par
B
Stores
Boston
500
100
105V4
Co
Bower
1,000
39
5,200
*97
*80
4%
39
Ami
3%%
10 %
29'%
2
31
15
16% May 19
:
Aluminum
Bohn
Bon
Borden
87%
35%
Jan
Oct
20% Aug
No par
Airplane Co
Borg-Warner
101/4
36'%
29
29
4'/a
39
W)
3,000
*83%
34%
62
110 % Jan
99
com,,Nq par
Co
9,400
.
10%
13%
107
*98
87 Vb
13 Va
*105%
54%
10%
13
1946
Carpet
Laughlin
&
Boeing
5.900
*83 V8
10%
34%
45
100
*4
39
85
34%
541/4
4'%
10%
13
44%
*93
39',4
85
12%
29
4 Va
39
10 Vs
*81
*37
4%
39
85
9%
9%
85
*81
100
(Del)
YORK
Bloomingdale
50
53
28
'E
Eliss
80
27V8
*4
Nov
com,,Nq par
Decker Mfg Co
$2.25'conv
5,100
I7V2
38%
55%
&
Bliss
7,600
32 Vs
17%
22%
*99%
Feb
24V3
Par
30%
*36%
97V2
*38%
39%
Oct
EXCHANGE
16%
18
17
37%
44%
NEW
31
36%
55%
37%
♦52
Dec
21 Va
10Vs May 21
Shares
■
*36%
21%
53
18%
7
33 %c
com
Electric
the Week
Oct. 11
I per share
*96V2
*52
8
Feb
1
Birmingham
Sales for
Friday
Thursday
per
19% Feb
24
100
of
ser
Steel
Jun
17
10
—
Bigelow-Sanford
600
15%
May
STOCKS
Monday
$ per share
400
62
May
31
,--1
common
preferred
7%
1,000
141 %
57
Sep
18
1
PRICES
Saturday
4
141%
Oct
21
xl2% Sep
Foods
Bethlehem
15,300
48 Va
9
Co
Best
1,400
27%
28
89%
41 '/a
1
Co
Loan
pfd $3.25
&
64%
Dec
17
No par
Co
Indus
Best
Apr
25%
32 % Oct
100
Aviation
Cum
200
94
94%
36%
54% Jan
2.50
Home App Inc
Beneficial
Jun
Aug
6
28% July 28
15
May 19
preferred,—
4%%
Jan
88 V2
27
42
Corp
Howell
.
Feb
100
Belding-Heminway
15 *8
105 3
55% Jan
25
common
pfd
Packing
23'%
*1041%
14
50
15%
105%
Sep
Jun
RR
23'/4
18
66
18
preferred
CorpJ
15%
18%
5
1
Inc
30
23
18%
Feb
20% Apr
Corp
Co
14%
18%
69
46% Oct
10
50
conv
cum
231/4
17%
13
No par
14V4
171%
Feb
Jan
Jan
May
5
22 %
17%
*
16 Vb
8
9% May 19
common,,.50
Inc
3,700
31
31
Cigars
31
33%
30
common
Works
Iron
Beatrice
400
19 %
*8%
Oct
Co
9
9 %
*9
Oil
103
*101
103
*101
12%
preferred
Bayuk
19%
471%
50
14 1/4
*104
Aroostook
Brothers
4% %
22'%
101
Oct
5%
Barnsdall
14
99
301/4
18%
May 19
22%
102«%
38%
Oct
7
18
13%
45
Nov
11
25 % Feb
Barker
22%
*101
17%
7
11 % May 17
1,000
13%
45
8
16% Feb
1,100
22 %
103
24% Feb
7% May 17
60
13%
*44%
16
16% May 19
preferred
100
Barber Asphalt Corp (Delaware). 10
22%
*101%
13% May 27
100
common
preferred,
14
7
May
1
13
Works
Ohio
&
100
Inc
Locomotive
C5
65
31
8
T>
106% Apr 30
3
27% Feb
35%
70
May
115
Apr
105
Nov
25
Oct
38%
31%
Sep
45% May
Oct
110% Mar
103
20 V*
20% Oct
14
14
Oct
30
120
124/
Jan
Feb
Jun
Apr
Or*
38 Va
Sep
25% May
Jan
14% Feb
7
9%
Oct
86% Feb
18
70 Va
Oct
130
22 Va
99
Apr
Feb
Jun
Jun
37% Aug 12
25%
Oct
45% Feb
102% Apr
11
06%
Dec
IO8V4 Mar
23% Feb
18
18% Nov
46% Jun
38% Feb
10
22% Feb
104% Feb
17
16 Va
Oct
15
95%
Dec
111
119% May
102% Aug
100
Mar 12
95% Jan
6
15% Feb
9%- Feb
8
:
8
Jan
22
24% Feb
7
88
108% Jan
4
33
NOV
84 Va
Dec
g7
Dec
13
Nov
6% Nov
75
Oct
20% Nov
105
4%
Sep
Oct
Feb
10
21% Feb
10
15
Oct
Jan
3
99
Oct
27% Oct
6
19% NOV
6
104
59% May
26% July
Mar
21% Jun
15% Jan
May
39% May
98
May
9% Jan
Feb
112% July
40
May
110
35 Va
C
7%
30 3 4
16%
7%
7%
30%
v
101/2
126
*44%
*19%
11%'
31
lft%
125 »/2
126
31%
16 s 4
126
32
16%
17
127
;451/2
*44%
45%
*44%
20%
20%
20%
'*20%
11%
11%
il %
11%
8%
31%
127
45%
21 Va¬
12
73/4
31V4
2V4
V
7%
2%
7"
6.600
a
14.900
31
17%
12,800
127
127%
2.500
410
45%
45%
*45%
47
50
ay\«Q%
20 3%
*20%
21
200
11%-
12
20,500
^•B%
12
-no >
For footnotes see page
60
16%
17
1271%
53
30%
31'4
16%
127
*52
24.
n&v.C
■
W
UVihfV-'ir''
'•'
preferred
Callahan Zinc-Lead
50
1
5%
Calumet
& Hecla Cons
,
Copper
Campbell W & C Fdy
Can Dry Ginger Ale com
$4.25
Canada
preferred.
Southern
Ry
.—
Co
5
No par
1.66%
Nopar
100
Canadian Breweries Ltd——No par
Canadian
Pacific Ry—
,25
21 %
12%
116
42%
18%
9%
32% Sep
18
27%
Jan
29
53
Dec
Oct
3% Feb
8
3
Sep
8% Feb
7
6Va
Oct
32
Oct
15
17
% Feb 10
Feb 10
x55
132
20%
Oct
Apr
-*7% Feb
12% Jan
'40% May
18
147
July
May
Oct
58
Jan
25% Dec
22% Feb
48% Feb
18
43
25% Feb
20
24
Dec
13
11%
Oct
15% Feb
58
Nov
12% Nov
113
47% Apr
Volume 166
Number-4639
COMMERCIAL 8t FINANCIAL CHRONICLE
THE
(1587)
15
m1
NEW
LOW
AND
SALE
HIGH
Saturday
Monday
Tuesday
Oct. 1 L
Oct. 13
Oct. 14
$
| per share
*74%
per
share
75%
$
per
74%
$ per share
$ per share
75
74%
U3
13%
133/<
13%
56 %
55
55
*115%
116%
117
117
*31%
31%
32
32
32
*45
46'/a
46
46
46
47
20 V8
20, Vo
21%
20%
21%
20:%
19'A
42%
7
*31%
44 Va
44 '/4
COLUMBUS
7
*41%
*147
151
14
*43%
*
117
*7%
7'/a
42%
14%
300
14%
*13%
56
1,500
*55%
56
116%
116
116
340
31%
31
31
47 %
45%
46
21'%
20%
20%
*44
148
44
45
•
3,700
10,300
149%
148
148
16,800
56
58%
57
57%
57
58'/a
4,300
26
25%
26%
26
26%
25%
26%
15,400
*106%
107
1106%
107
*106%
107
106%
106%
*107%
107%
*142
144y2
>143
144
*142%
144
143
143
*142%
144
*29
29 Va
29 %
29%
29%
30%
29%
30
29
29%
7,300
*20%
20%
20%
20 %
20 %
20%
20%
20%
20%
400
*18%
18%
18%
19%
18%
19 %
20%
18%
18%
*18%
9%
9%
9%
10%
10%
10%
10%
10%
9
8%
8%
8%
8%
8%
8%
114
■112
90%
112
111
'111
,-'89%
8%
*8 %
7Vo
20
2nd
Celotex
Central Foundry Co
113
*89
91
8%
70
100
8%
1,000
of New
Violeta
14%
14%
14%
14%
1,700
10%
10%
10%
700
30 Va
30 Va
30%
31
30%
31
29%
30 %
29%
30
11,300
Cerro
18 Va
18%
18%
19%
18%
19%
Xl8%
18%
18%
18%
18,400
Certain-teed
29%
29%
*14 ■A
14%
14 %
29%
25
25
30%
24%
*107
*30
25%
108 %
15 %
15
14%
*30
25%
108
107%
15 Va
30%
15%
300
25%
25'/a
4,000
14%
15'/a
1,400
29%
*28%
29%
29
29
29%
29%
29%
29%
500
Va
44 Va
44 %
45%
45%
45 %
45
45'%
45
45%
14,400
96%
96%
96%
96%
97
97
97
97
96
96
*29'A
44
*
47
8
5 "a
5%
5
5%
9%
9 %
9%
9%
9%
9%
9%
9 %
9%
8%
8 5 'a
8%
8%
8%
9%
8%
9
8%
9
5%
5%
*5%
5%
5%
6
*5%
6
6
6 Va
11%
11 Va
11%
*9
12
12
12
*5 (a
5%
5%
6%
4 'a
*3%
4''4
6
6%
*3%
*3%
9
9%
17%
18%.
17%
18%
32,400
42
43 %
41%
42
41%
42%
4,300
32 %
32%
32'4
22%
32 %
32 V'4
4,200
55 %
55 %
55%
55%
100
$3
54
53%
53%
53 %
53%
2,370
Pr
*12%
12%
*12%
12%
500
18
*18
18(4
500
Chickasha
5%
3,600
32
32
32
*55
55
Va
*55%
55 %
*5514
53%
53%
53%
53%
*12%
12
12
12%
12%
18 %
18 %
18%
18 %
5%
5%
5%
28
*35
28
*104
g
5%
18
5%
5%
*35%
37
35
64%
37
28 %
"4
107 5
18
18
65%
Ja
12%
66
64 5
28%
28%
5%
5%
35
a
*34
66
64
5,000
28
28%
27 %
27%
107%
106%
106 %
26%
*26%
27
26 %
26%
26%
44
44Va
44 %
44%
44 %
45 %
45 %
46
31%
31%
32
3 2'/2
32%
32%
32 %
*9%
9%
9%
9%
9%
*9%
9%
58,900
*104
26 %
20
65%
28%
25%
*25%
36
107%
*104
107%
*55
32 Va
32 Va
1,800
9%
900
83
*82%
17
16%
16%
16
%
16%
1,700
32 %
33
33
33
32%
32%
1,400
189
*165
189
*165
*165
189
*88%
407
a
*107%
40%
1C7%
108
*33%
107%
Va
*88%
107%
95
*88%
40%
41
41
40%
10.7%
107 %
107%
34%
34 Va
34 %
*107%
108%
20
57c
76%
*75
78
70
Cleve &
45 %
45
45
*44%
46%
70
18%
18
18%
18%
18%
7,900
47
45 %
18
18%
18%
18%
38
DAY
38%
38
39
38%
39 %
38%
39
149 %
149 %
149 %
LOW
Monday
Saturday
$
$ per share
per
share
62%
HIGH
$
per
$
180
63
63
»!
*1300
46%
46%
46%
101%
101 %
32%
31%
21%
21%
21%
21%
15%
16
16'A
16%
19
19
19%
19%
12%
13
13
13
13 Va
13%
13%
13(4
12%
*12 Va
*13
*12%
26 %
*26%
12%
37 Va
8.50
*62%
47
gtd
4%
Special
20
182
Sales for
Friday
Oct.
$ per share
181%
1,300
Va
631/4
220
63
47%
47
471/4
7,800
100%
130
30%
31%
2.400
X21%
21%
21 Va
21(2
21'A
21%
16%
17'A
16%
17%
16 %
17
19%
19%
19%
19%
19'A
19'/4
2,100
13
13%
13%
12%
13%
290
13%
12
13
12%
13%
710
12'A
12'
13
11
26%
26%
27
27
27%
27%
27%
27
26%
27
27
27
27
27
12%
12%
12%
12%
12%
37 Va
38
38%
38 Va
38%
13
16
Xl2%
37%
75
13
37%
16 %
8
*71
75
13
27V4
27%
27
*26V2
12%
16 7
17
*71
84
10,0
100
23
Jan
37
Jun
Class
12%
12%
37%
37%
16 3
16%
8.
*72
4,200
43.200
460
1,400
500
5 7c
108% Mar
106
62
24% Feb
3
19%
Deo
44%
15% May 19
32
May 21
37
Jun
144
Jun
47o
non-rum
Class
5
preferred
2nd
preferred
100
141
Columbia
Pictures
33
10
May 21
May 19
99% Mar 13
26
May 17
24%
$3.60
3 Va
3%
3 Va
3 (A
3%
3%
3'%
3%
3 'A
111 %
111%
112%
112%
112'/a
1121/a
112'/a
112%
900
29 Va
29'A
29%
29 Va
29%
29 %
29%
29 (a
29%
8,100
Commonwealth
*11 Va
11
Va
11%
11%
11%
11%
11%
11%
12
12%
1,800
Conde Nast
*29%
30
29%
30
31'/a
2,700
*31 Va
31%
31 (A
31 Va
30%
31
30%
31%
32
*311/2
5%
5%
25 Va
105%
5%
5%
Aug 25
21% Oct
15
16 Va May 19
2,700
3,400
COLUMBUS
15%
15%
15%
16
16
16(4
DAY
12 Va
12 Va
12%
12%
12%
12%
12%
12%
50
51 Va
51
52%
52
52%
52
52
16
--
16
400
8,100
14%
14%
14%
15 Va
14%
15
14
14%
13%
14'A
17,500
21%
21%
22
22%
22
22%
22
22%
22
22%
3,300
*14%
15(4
5,200
35%
35%
700
14%
14%
14%
14%
14%
15 Va
15
15
*35%
357/a
35%
35%
35%
35%
35%
35%
109%
109%,
*109%
110
109%
110%
109%
44
44
44%
45
44 %
45 Va
44Va
44%
44 Va
99
99
98%
987/a
98%
98%
98%
98%
99
13%
13%
13%
14
14
14 Va
14 Vs
14 V4
14
"98%
100
100
100
*99 %
110
109%
100
99%
109%
450
44%
1
3,200
99
14%
220
3,600
99%
300
36%
7,000
103 Va
700
36%
37 Va
36%
37 Va
103%
103%
103%
1031%
12 Va
12%
12
12%
11%
12
5,900
50%
51%
87/a
51 '/a
51%
51%
52
1,700
8%
8%
8 Va
8%
18,500
36
*102%
8 Va
8 Va
8%
8%
49 Va
48%
49Va
49 Va
49
48%
49 Va
48%
49'A
11,100
*16%
17
17
17%
17 Va
17 Va
17Va
17%
17
17%
3,900
§3 Va
24 Va
24
2,500/
48%
*23%
24%
24
24 Va
24
24 Va
*51%
52
51
51 Va
51 Va
51
16%
17
16%
17'Va
16%
16%
*46 Va
47%
*-45%
16,Va
16%
16%
*46
47%
15%
16 Va
■v
Va
Va
23%
"
*51
-
51%
16%
47%
47%.
471/2
16%
16 Va
*51
16 Va
16%
For footnotes
see
page 24.
110
16
16
1,900,
46
46
120
16%
......
.
51%
Commonw'th
16 Va
2,600
$5
Jan
20 % Feb
30
15%
Oct
24%
Feb
17'A Feb
4
127/a
Nov
41
Jan
9% May 15
17'A Feb
11
13
Sep
39
Jun
Jan
38
Oct
47
Nov
47
Jan
No par
10
Apr 18
12% Oct
14
8%
Sep
14
Jan
No par
30% May 28
39% Aug
22% Feb
6
14 Va May 19
Co
w
w__No par
10
common
8
May 20
100
South
&
103% Jun 17
20 '/a May 19
com__No par
No par
Edison
2V4Mayl9
109% Oct
3
32% Nov
Deo
50
Feb
13
36%
Oct
60% Aug
47% Feb
115% Feb
0
36 Va
Oct
69%
3
103%
26% July
4
Jan
7
2
123% Jan 29
19
106 Va
123
Deo
Nov
2% Jan
No par
8% May 16
23% May 19
14% Jan
2
31% Aug 15
24 Va
35,% Feb
33
36'/a
Nov
30
Apr 14
4% May 19
24% May 23
Oct
N
Y
Corp
5
com__No par
—No par
Grocers
Corp...1.33%
Corp
5
Consolidated
Vultee
Aircraft
of Cuba 6 7o
Consolidated
.1
100
pfd
Retail Stores
Consumers Power Co
15
Inc._J._l
com
preferred
No par
No par
Container Corp. of America com..20
cumulative
preferred
—100
Baking Co com__No
$5.50 preferred
Can
par
No par
Inc
20
common
$3.75 preferred
Continental Diamond Fibre
Continental Insurance
:
No par
105'A Oct
24%
Sep
36
,
Feb
1C8% Jan
17%
Sep
25% July
15% Feb
10
13% Nov
23% Apr
2
427/a Jan
10% July 30
May
12% May
34% May
109 Va Oct
32 Va May
17
19
19
19
7
19.
98% Oct 14
13 Vo May 27
97
Jun 18
34
Sep 29
103'AOct 11
60
May
14% Nov
19,% Feb
Sep
47
Jan
17
Jan
33% Jan
16%
17% Mar
30
Nov
32
Aug
38% Feb
*111
114% Feb
Deo
115% Mar
24
35%
Sep
54 Va
104% July 31
20% Feb 10
106 Va Apr
9
12%
Feb
22
48
Feb
44% Feb
8
110% July 30
Apr
July
101
109 Va
Jan
53'Va
Jun
103% Nov
113% Mar
Sep
33% Sep
May. 17,
May 20,
7
8 Va
NOV
18% Feb
54% Feb
3
46 Va
Nov
€3
Jan
6%Mayi9
12% Feb
8
10
Oct
24
Jan
Apr. 14
49% Oct
17
33%
Oct
Feb
19
15
Nov
35
13% Feb
14% May 19
19
12% Apr. 14
25 Va Oct
43
May 16
12 Vo Jun 27
46
Oct 17
53
12 % May 1%
49% May
*23% May
3
13% NOV
30% Feb
Mar 26
46% Deo
Co
Jan
17% Oct
6
12%
Oct
23% Feb
Feb
5
50
Oct
60
Apr
27%
Jan
55
29% Feb 13
*12% No?
■■
\-v"
,m
10% Feb
Oct
105 Va
20% Feb 13
9.
Coppprweld Steel Co, common——5
Convertible pref 5% series.——50
CorneU-Dublier Electric Corp
1
Oct
7
3
7
54% Jan
44
prior preferred.—Np par
Sep
40% May
55% May
11% May 21
10
Continental Motors.....
1
Continental Oil of. Delaware
5
Continental Steel Corp__
14
Copper-Bessemer Corp com._NQ.par
6Va
Feb
29% Feb
108 V'4 Mar 26
Feb
Jun
18%
11
Apr 29
40VaMayl9
,___5
...
3>
11
Jun
July
5% Jan
132
Sep
29% Sep
12% Nov
2
Apr
32% May
111
33% Jan
Consolidated Natural Gas
Continental
Apr
36% May
Deo
78%
7
Publishing Inc
Continental
48
20
Mar 21
27% May 19
of
Jan
86
25
Edison
Consol RR
May 19
No par
Consolidated Laundries
$3
Jun
May 14
8
Co
Consolidated
4%
23%
12% Oct
preferred
$4.50
Oct
27%
preferred series
Consol
10%
28
Coppermines
4,600
14,000
63%
110
4
Consolidated
5%
60% July
Aug
Deo
Oct
10
No par
25'4
Feb
37
14
17% Oct
42%
*99
21
No par
105%
10
Feb
69% May
16 Va Feb
Cigar
25 Va
Feb
Deo
32% Jan
Congoleum-Nairn Inc
105%
46
200
32% Jan
Consolidated
105%
105% July 25
61%
$ per share
16
300
251/4
25
105%
32
56
5
11
May 22
Jan
2
Oct
19
Solvents
111 Va
30 %
Aug
65 Va Jan
1155
Highest
$ per share
130
Apr
preferred
3 Vg
32
<
share
23
100
cl A—2.50
Electric
Credit
Commercial
$6
May
Year 1946
Lowest
May 17
18
12
131,800
23%
165
22% Apr
preferred
cum
29 (A
Va
Jan
Jun
common__No par
Carbon
Columbia
&
111%
12
152%
189
May 19
x6l% Jun
1140
1,210
51
7
Feb
$ per
7 200
11%
60%
154
share
24%
51
36% May
Nov
$ per
105%
11 Va
Sep
39%
Highest
24 Va
24
Ff t
24%
6
2.50
Broad Sys Inc
B
l.&OO
$4.25
20
common..100
1st
4.300
100
com__No par
Corp com—No par
Gas
75
No par
No par
No par
Columbia
41,900
Apr
Ju f
Range for Previous
Corp
Southern
106
39% Mar 12
30
104%
51 Va
3
Mar
48% Mar
10
preferred
conv
rion-cum
Columbia
Jan
Jan
Inc
4'/o
113%
Jun
No par
Iron
&
Sep
35% July 28
Lowest
Aikman
cum
Colorado
Jan
109
Feb
Feb
No par
&
108
66'A
106
8%
4
Jan
99 Va
105 Va
11%
115% Feb
Sep
105
22
106%
*50
28
27
18
23%
36%
Jan
Jan
106 Va
104
95
43% Jun
Range Since January 1
(The)
Mills
38 Va May
205
Feb
STOCK
Internat
Fuel
108% Mar
57
23%
35%
Nov
16
Oct
106 %
104
Deo
15%
45
23%
35%
88%
15
109
106%
103 Va
6
18
May
101
23%
101
22
9
106'/a
35%
44 Va May
Oct
10
*23%
103 Va
Sep
9%
10
100
preferred
Colonial
Colo
Apr
27%
10
Mar
Oct
Feb
July
76'% Oct
1
Colgate-Palmolive-Peet
$3.50
Dec
114
27% Jun
No par
A
Collins &
30%
Sep
10,6% Jan
Inc
YORK
Co
21%
1
Far
Coca-Cola
36
15
50
gtd
*106%
*98%
May
6Va
178%
4
36
'
63
33
May 19
107% Oct
Columbus & Southern Ohio Elec..10
...
Jan
Sep
Oct
20% Feb
26
Commercial
12Va
15
—
85
5,100
49 Va
Deo
94
28
1.400
15% .15%
25 Va July
11% Feb
19,
May 19
47%
49%
Oct
66
12% May
43
*12 Va
14
42% Mar 17
May 19
42%
*
Jan
18
32% July 24
8
45%
5%
25 Va
27% May. 20
42%
25
Deo
Jan
68 Va
46
105%
14
Oct
42%
5%
Jan
11
36 Va
45%
25 Va
67%
48% Jan 30
45%
105%
Deo
37 % May 19
43
5 Va
Jan
55
1
Feb
38 Va
44%
25 Va
59 Va
Deo
42
105%
Deo
Nov
43
5 Va
45
21
44%
25 Va
July 23
108
44 >'2
105%
Nov
6
42 %
Va
Feb
17
18
Va
*5
Jan
15
767/e
37%
20
43
25
Jan
34 Va
Feb
44 Va
105%
82%
43 Va
Feb
43%
30%
Jan
Sep
Sep
Sep
28
43 "a
*31%
38 Va
15%
7% Mar
Apr 14
70
Sep 29
39% Apr 28
%
Sep
3C%
29% Jan
25
106 % Oct
EXCHANGE
Coca-Cola
*100 Va
16
11%
7
111
Shares
181 %
63 %
NEW
the Week
17
32
72
8
21
17
No par
149'%
101
15%
33
5
Cluett Peabody & Co com
Preferred
31%
72
35% July
11% July
50.
Clinton Industries
*100%
16
Oct
21 Va May 21
stock
2,300
*1300
47
101%
74
33%
Sep
3%
10
com
7 7c
8,700
$ per share
*180%
181%
16
Oct
7
STOCKS
share
*71
9
Co. (The)
Co
38%
33
*12 Va
11 Va
100
RR
38%
*1300
31%
Bronze
Pitts
38 Va
Oct. 16
63 %
101%
46
17% Jan
15% Feb
21
Feb
17
preferred
37 Va
*148
Sep
56 Va Sep
20
39
149%
Oct
No par
39
Thursday
1300
31 Va
Graph
PRICES
per
180%
Va
*148
149%
Oct. 15
101 %
46
101%
*31
38
Wednesday
share
63
62%
*1300
SALE
Oct. 14
178
178 Va
*177
AND
Tuesday
13
Oct.
Oct. 11
*38%
5%
Jan
57% May 15
1
com
Climax Molybdenum
*45%
4% Oct
preferred.—
108 %
Clev
1
56
51VaMayl9
52'A Jun 27
12
Oct 11
13
Cleve Elec Illuminating com__No par
$4.50 preferred
No par
34%
47
149 Va
2,100
8% Feb
16
15% Jan
5
76%
*45%
*148
160
July
32% Oct
Co
*107%
77
COLUMBUS
107 %
107%
4,500
Jan
14 Va
20% Jan
$ St Louis Ry Co
5%
40%
26 Vo
Nov
par
—100
Equipment
C
18%
Oct
7Ve
13
City Stores
C
Oct
9%
53% Feb
10
Oct
2
36'AMayl9
No par
Jan
Apr
25% May
667/a Jun
No par
34 %
77
39
40
14% Feb
common
108%
78
38
95
*88%
6% May 19
23% May 19
Oct
32
9% Jan
27% Feb
Corp
City Investing Co
5 Va %
preferred
C
189
2% May 21
4
No par
Elec
34 %
"77
39
&
I T Financial
Clark
12% Jan 29
7
Milling Machine Co
*107%
78
*37 Va
50
"4%
Jan
114
Oct
48%
38% Feb
div
Sep
17% ivxar
2
54% Jan
30
2.50
34%
*77
18
95
87
*165
40%
107%
*83
30% Mar 10
102% July 25
7% Feb
3
Jan
25'/a
Nov
12%
6% Feb
No par
21%
105
May
43
23% Nov
7
15% Feb
Oil
107%
34
34
108
*165
95
*88%
95
40%
*107%
189
87
29% Oct
14V4Mayl7
City Ice & Fuel
9%
17
257/e July
10Va Jan
100
9%
83
51%
Jan
4% May 19
25
Gas
32%
32
24
Sep
No par
com
Preferred
C
16%
Deo
14%
100
new
5.200
88
11
31%
2
25
Chile Copper Co
Cincinnati
Jan
6
10
95
Jun 12
3% Apr 14
5% May 19
6Va May 19
4'A May 17
8% May 19
No par
Chrysler Corp
102% July
23 Va Jan
14
18
vtc__No par
P
cum
Cotton
46%
16%
Oct
27
41 % Jun
No par
preferred
($2.50)
46 Va
31%
*83
convertible
Cincinnati
16%
9
10% May 10
23
Jan
3
100
preferred
pfd
116
Deo
Sep
35% Mar
13
Chicago Pneumat Tool com_-No
100
31%
88
&
Paul
Chicago & Northwest
5%
15
14% Feb
20'/a Feb
preferred vtc
2,200
a
16 7
St
27
*31%
*83
Milw
Series A
Jun
July
Jun
89
8Va
23
tChilds Co
43
110%
Feb
10
Chicago Yellow Cab
42
4
116
100
18%
41 Va
Apr
Jan
No par
4,700
40%
137/a
Feb
Co cl A
Ry
14,400
17%
Sep
50
Louis
9%
18%
Jan
17%
2
10% Jan
110% Jan
B
33 Va
Chic
29
Oct
9
20% May 19
19 % May 21
103% Jun
4
par
preferred
Ind &
Class
Sep
8'/a
21% Jan
1
9%
17%
*104
5%
Chic
Va
20
2
29 V4 Sep
40
32 %
17 %
62
4,000
4
19
11% May 19
Chicago Great West RR Co com__50
2,000
6 %
22'/a Feb
l4VaJan
9
1
(The)
9%
17%
02%
12%
Va
23
9% Sep 25
No par
Co
32%
32
37
6
*3%
RR
9%
33 %
61%
11%
4 Va
Jan
Sep
12 % Aug 21
No par
preferred
32 %
32
*35 %
a
Jan
20
96% Apr 15
1.25
9%
31%
5
11%
6 %
3 5
38 Va
14
12'/a Jan 31
No par
33%
9%
31%
*53 %
6
'■
1,600
161 Va
21% Feb
No par
111
Chicago Corp
109%
Oct
Jan
22Va
3
Class A
2,600
23,800
Jan
81% May
23% Sep
Sep
138
Apr
Jan
Jun
183
Nov
104%
156
Feb
10%
18% Nov
108 Va Ian
Deo
55
Nov
54 Va
Feb
26% Sep
15
Mfg
East
153
158% Jan
64
Oct
31% nov
Oct
Co
convertible
&
6%
Oct
Jan
Chesapeake Corp of Virginia
3
Chesapeake & Ohio Ry common__25
Chic
60
Oct
7% Fen
4 % May 19
Copper
32 %
9%
9 Va
11%
%
4%
%
1,600
34% Nov
45
90
preferred
3%%
13% Nov
61% Jan
34
Jan
111
100
Products
Checker Cab
May
39%
Sugar Co—
Pasco
Belt
$4.50
137
Deo
Sep
100
Champion Paper & Fib com-.No
700
5 %
5%
5%
5
5 Va
Chain
Sep
32% Feb 24
8% Oct
capital stocK
de
112
38%
ser.100
Jersey
Century Ribbon Mills
120
107
106
New
preferred
Corp pfd 3.40%
tCentral RR
Apr
21% M»y
59% M*y
Oct
7% May 19
1
Central 111 Lt 4%7o
Cent NY Pi
73%
Oct
20
July 17
18Ve Jun
6
Central Hudson G & E Corp..No par
*111
9
12 Va
50
39
45
xl39
Jun 11
19% May 19.
1,400
*10%
106
100
Jan
Highest
$ per share
51% Nov
21% Oct
104% Jun 18
No par
common
5,000
10%
24 %
No par
Aug 22
39% Jan
6QV« Feb
35% May 19
6
Jan 13
29% May 19,
138
May 23
49 Va May 19
17% May 19
1
25
1100
2,000
14%
106
50
Corp
8%
10%
*29%
10
series..
128
30 Va May 20.
40
Apr 14
iSVaMaylS
57c
14%
Va
100
'__5
preferred
Corp
15
24
Co
10%
8%
8%
100
10%
29
Mar 29
Celanese Corp of Amer com__No par
$4.75 1st preferred
No par
10 3
107 Va
115
Caterpillar Tractor
14%
%
100
Ry
Preferred
10%
24
14% Feb
1
57% Feb 18
Apr
May 26;
Light
&
4%
14%
29
14
11
Co common
14 'A
*106%
78
50
Ohio
General
&
(J I)
10%
4
| per share
I per share
17
-10
——
&
Year 1946
Lpwest
Jan
common—1
A
19
10
91
91%
8%
Case
Central
*
56
preferred
20
Central Aguirre Association_.No par
113
*89%
90%
8
Carriers
50
58%
7 '/a
class
preferred A
Preferred
1,100
7%
7%
7%
44%
$3
Power
25%
90'/a
Capital Admin
Carolina
58%
113%
J per share
No par
Carpepter Steel Co
Carrier Corp common....'
25%
*7 Va
Cannon Mills
700
58%
113
Par
Clinch
25%
*88%
Range Since January 1
~
Highest
Lowest
Carolina
58%
*8%
Range for Previous
STOCK
300
44
43%
45
7%
44
150
YORK
EXCHANGE
70
31%
44
*148
150
73
73
NEW
Shares
*46%
7%
43
Sales for
'
55 %
116%
45
44%
44%
7
'148
14%
56
117
42
DAY
42%
RECORD
the Week
$ per share
74%
74
*55 %
*55%
Friday
Oct. 1.7
Thursday
Oct. 10
Oct. 15
75
STOCK
STOCKS
Wednesday
share
YORK
PRICES
—
ll
j
16
(1588)
THE
COMMERCIAL
YORK
NEW
LOW
AND
HIGH
Saturday
Monday
Tuesday
Oct. 11
Oct. IS
Oct. 14
t
share
per
56
$
per
$
share
56
per
25 >A
25%
103 V*
103%
103'/a
56'A
*103 VB
104
65 Vo
-
1U3
65 >A
*5%
♦3>/a
*103
67'A
25%
*3 Va
$ per
share
56%
640
24%
25%
1,900
10''%
25%
'A
109 Va
40
Corn
Exchange Bank & Tr Co—20
Corning Glass Works common—_5
3%% preferred
100
Cum pfd 3%%
ser of 1947—100
103%
230
67%
68 Va
6,700
183%
183 Va
210
6
6
6
i>%
5 '/a
3,nut)
Coty
Inc
3'A
900
Coty
International Corp
36'A
7,200
3'A
35
36
36 Va
36%
103
*102%
104 Va
1
>'
V4
3 Ve
36
104%
*15%
16
*102%
103
t>7%
TVe
3 Va
36%
36
*102%
104 %
104
15%
16
Corn
Crane
300
16
Products
Co
3%%
24%
24%
24%
24%
24%
200
Cream
of
44
45%
44%
45
44
44
2,500
Crown
Cork
49 V2
43%
49%
49%
49%
49%
49%
49%
49%1
50
1,000
$2
33%
33%
33
33%
33
33%
34
34%
34%
34%
5,700
*104
104 Va
101%
104
102
103
101%
*124
125
123%
125
125%
126'A
127%
101
102%
130 Va
101
400
*30
29%
29%
29%
29%
31
30
30%
5,000
77%
77%
78'A
78%
79 Va
80%
80
80%
1,100
57c
90
Cuba
*30'A
31
165
ir;o
16
*96
100
18
17%
52%
11%
11%
11%
136%
63%
63 Va
5%
6
5%
5%
6
5%
62%
5%
100
Cuneo Press
Cunningham Drug Stores Inc
33,'jOO
137
600
5%
5%
20,000
18 Va
$7
new
com
10
2.50
100
Inc
Pub
5
(The)
Co
No par
com
preferred
No par
Prior preferred
Curtiss-Wright
No par
1
common—
18%
18
18%
*131
135%
*191
135%
*131
27%
28
28
28%
28 Va
28 Va
28'
28
1,100
Cutler-Hammer Inc—
24'A
24%
24 >/4
24%
24 %
24%
24 %
24%
23%
24 '/8
2,200
Dana Corp
*95 '/a
96 '/a
*95%
18%
13c'/a
120
18%
135 Va
18%
Curtis
50
63
62%
6
100
800
11%
*135
62%
100
Sugar common—10
preferred
300
11%
12%
138
Class A
3,500
135 Va
1
Cushman's
6
8
26% May 19
103
Oct
14
14
Sep
15
Inc
Sons
77o
pfd
100
No par
52
19
25%
6
101 Va
Deo
105% Jun
7
Highest
f per share
67 Va
Jan
26
75% Jan
195
Aug 15
39% May
109% Aug
75%
58% May
*185%
Deo
Dec
210 V* Mar
H%
Apr
8% Jan
91
4% Jan
4
4
40% Feb 13
107
Mar
5
31
Oct
49%
Jun
101
NOV
110%
AUg
Jan
16
Oct
7%
Va
Nov
7%
Oct
Jan
10
Jan
9
28
Sep
35%
45% Oct
15
32
Oct
62
52% Mar »»
47
Dec
54%
Feb
34"% Oct
16
75
Oct
40 V*
17
108'% Feb
'/*
103
110%
Apr
Feb
105% May 19
22% May 19
77% Oct
8
130% Oct
150
Apr
Oct
preferred
Cuban-American
27%
18
18%
11%
*135
5
Jun
2% Aug
7
32% Feb
101
100
*27 Va
*131
18%
12 Va
53
8
Jan
105% Feb
Jun
No par
com
18%
*17%
54
63%
6%
15
Oct
$ per share
Sep
Oct
No par
Amer
Cudahy Packing Co
4%%
preferred
99
*97'A
18
*53
138
6,200
of
53
99
xl8
*62%
RR
61% Sep
183
61
47
25
preferred—
77c
16'A
16
18
*135
4,300
130
56
99 Va
11%
136%
C2
*165
16%
99
17 Vo
17
17 Vb
IS Vo
30
30
30'A
180
17%
12
137
62
16%
*95
53
*155 Va
17
*53 Vi
17%
52 Va
*29 Va
*165
180
16%
99%
*17%
17%
16%
*165
16%
♦51
30'A
29%
16%
180
16'A
16%
*96
31
16 Va
15%
16%
Crucible Steel
Apr 14
23 % Sep 29
101% Apr
2
102% Apr 17
30
2
2nd preferred
$4
29
52
Lowest
$ per share
23% Sep 10
31% May 19
(The)
com.—No par
$4.20 preferred
73%
*165
1
$ per share
No par
Seal
&
—No par
Crown Zellerbach Corp com
5
370
130
*128%
Wheat Corp
preferred——
29
28%
*77"
100
America
of
Creameries
24%
43%
■
25
common
15%
1,300
—1
1
preferred
42%
*24'A
25
100
*24%
16
Refining com
Preferred
16
>
15%
102%
Year 1946
Lowest
Par
44
*24%
*43
Range Since January 1
Highest
EXCHANGE
26
16
*
Range for Previous
STOCK
YORK
NEW
Shares
share
55%
55'A
1°'J
Sales for
the Week
184
3 Ve
3%
Friday
'
184
67%
103
34%
103
25 VA
•11 no
103%
5%
6
Monday, October 20, 1947
RECORD
185
183
6
55'A
104
67
185%
3%
34?'a
103 '/a
65%
DAY
5%
*100
*103 Va
$ per
55%
25 Va
104
183 %
COLUMBUS
185
*183
CHRONICLE
STOCKS
Oct. 16
share
per
x55 Va
25%
STOCK
Oct. 17
Thursday
Oct. 15
$
FINANCIAL
PRICES
Wednesday
share
56
*24%
■
SALE
&
2
Apr 29
22
May 20
13% May 19
165
16
110
Sep
Sep
37%FeD
U
29
Dec
Jan
29
88%
Dec
34% Jan
6
21% Jan
2
96
Jan
7
15% Sep
18
96
24
101
16% May 14
39% May 17
19% Feb
7
56
B
Jun
6% May 19
113 % Jan 16
56
Jun
6
4% May 20
12% May 21
165
Jan
17% Sep
7
Mar 12
Feb
Sep
Oct
17 V*
Oct
54%
Feb
115% July
46%
28%
Jan
Jan
Jan
165
Jan
95
Oct
106
Mar
16%
Nov
24% July
45
Sep
82 V* May
160
18
Jan
B
10
Nov
5
103
Oct
146 Va
Feb
1
60
Sep
76%
5%
Oct
12 V8
Apr
Feb
17%
Oct
12% Feb
139
22
Jan
70
Mar
6% Feb
8
20% Feb
8
129
Feb 18
18% May 17
132
Apr 23
30% Feb
1
19% Aug 26
26% Sep 18
96'A Jun 26
20
Feb 13
23% July 14
26
34 V*
Feb
Oct
145
July
Dec
45
May
91 %
Deo
98 V*
17
Nov
34
16%
Nov
31V* May
28
Sep
36 Va July
128
25%
D
new
66%
*95
96 %
96 %
*95%
96%
17
*16%
17
16%
17
17
17
*17%
17%
300
21%
22
22 %
23
22%
22%
22%
22 %
2,400
Davison
3,800
Dayton Pwr & Light
21%
21%
30
99
*14%
_100
Chemical
5
(The)
Corp
30 %
30
30%
30%
30%
7
29% Oct
*98
99
99
99
99
99
120
Preferred
3.75%
series A
100
98% Oct
2
99
99
99
98%
98%
420
Preferred 3.757c
series B
100
98% Oct
17
101% July 24
30
15
13%
15
14%
15 %
2,500
Dayton Rubber Co
50c
12% Sep
25
16%
Nov
34 Va
Apr
14
14'/8
14%
6,200
Decca Records Tnc_
50c
11
Sep
29
23% Feb
20% Feb
11
13%
11
17
Nov
22 Va
Dec
34%
34%
36 %
36%
39%
6,300
Deep Rock
1
33
Aug
8
39% Oct
17
45%
12,500
No par
31
May 17
46
Oct
38% Feb
Dec
58 Va
Jun
44
44
45%
44%
46
34 V8
33 %
34%
33%
33%
39%
40
40%
40%
41
7%
8'/a
8'%
8%
45%
*33
15
45%
44'%
8%
Deere
&
11%
11%
12%
Oil
Co
Corp
common
33%
700
40%
41%
3,400
Delaware
&
8%
8 %
9,400
Delaware
Lack
*33
33%
40%
15
41
8%
Preferred
Denver
&
Rio
Escrow
ctfs
Escrow
ctfs
West
12%
12%
13%
20,500
39
39
40%
40%
41
41
41%
41 Va
42'/a
16,600
23%
23 Va
23%
23
23 %
23 Va
23%
23%
23'A
6,500
Detroit
2,500
1,100
Detroit Steel
*60
65
12%
12%
12%
12%
12%
12%
12%
12%
*25 Va
25%
25%
25%
25%
26
26
26
26
26
17%
17%
17%
17%
26%
27%
*26%
26%
*26%
38
38
38%
38%
*17
*44
*43 Va
45%
19%
1C%
DAY
16%
18%
17%
17%
500
De
26%
26Va
27
600
Devoe &:
39
38%
39
1,600
45
45
45
20%
20 Va
20%
45
20 Va
19%
20
*43%
%
20%
16%
16'A
16%
16'/a
*18 V*
18%
18'A
19%
19%
19%
xl9%
*38
39%
39
39
39%
40 %
40
16%
38
54
53%
53%
53%
53%
26%
27
27
27%
27%
38
38%
38%
38%
38 %
*
'
*
Distill
T
25
Car
Motor
Corp-Seagrams
Clas4
120
4 500
Dr.
2
Co
_2
Ltd
19%
19%
19%
19%
20 V8
19%
19%
5,300
Dome
64%
63%
64%
63'A
63%
61%
62 %
3,500
Douglas
40 Va
No par
40%
40%
41'A
40 Va
40%
14,000
Dow
*109%
110%
109%
109%
109 Va
110
1,400
$4
103 Va
103 %
103%
103 Va
103%
103%
103%
4,200
19%
20%
..20%
19%
20 Va
19%
20
20
20
39 Va
20
10,200
Chemical
Industries
Dresser
*92%
94%
*93%
94 Va
*92%
93%
92%
92%
*90%
92%
200
3%%
14
*13
14
13%
13%
13%
13%
*13%
14
300
Dunhill
35
35
35%
34
35
34
34
33
33%
189
190%
190
190%
190%
191%
190%
191
5,400
125%
125%
124
124%
124%
124%
124%
124%
1,400
Preferred $4.50 series
-103%
103%
103 %
103 Vt
103%
104
103%
103%
■103 Ve
103 Va
1,900
Preferred $3.50 series—
112%
112%
113%
112%
14%
*142
14%
*14%
LOW
112%
15
AND
HIGH
Saturday
$
Monday
Tuesday
Oct. 11
Oct. 13
Oct. 14
share
per
$
per
$ per share
share
112
112%
15
15
SALE
14%
112
15
112
15
14%
220
1,700
Pont de Nem
28
Apr
Oct
77
Feb
16%
Dec
19%
Dec
24
Aug
15%
Oct
3
23%
Sep
39% May
17
34%
Oct
50%
Apr
42
Sep
50
Aug
16%
Oct
34 V*
Jan
3t7/a Feb
Jan
Jan 28
247/a Feb 13
18% Jan
2
8
Apr
34
Feb
10
$ per
Sales for
Friday
Oct. 16
Oct.
17
NEW
the Week
$ per share
share
14% NOV
30
28%
Nov
52
48%
Sep
62%
25%
Nov
48
July
15
7
Mav 19
May 14
21 % Jun
18
May 27
76
Jan
7
8
14
91
Jun
39VaJuly25
42%
114%.
103%
22'A
*23% Sep
16% Deo
Apr
Jun
Mar
37% May
29% Feb
63%
Nov
108% Mar
111%
Deo
118
15%
July 24
Feb 14
Aug 28
Jan 30
Jun
98% Feb 19
91
Oct
Oct
10 % May 19
19
10
15
Oct
41% May
25% Apr 15
35'A Oct 14
25
Nov
58% May
_No par
1st pfd
100
5
173
3
May 27
124
Oct 15
102% Oct. 2
110% Sep 12:
14% May 20
Feb
YORK
33%
116
Jan
Apr
July
8
161
Oct
227
Jun
129'A Aug
107'A Sep
115% Jun
19% Mar
4
124
Deo
133
July
116%
197
3
9
112%
Oct
3
13 %
Sep
STOCKS
Thursday
Oct. 15
$ per share
Oct
60
62 % Oct
1
13% July 7
26
Oct 15
22
Jan
2
18
16
30
May 16
No par
Cigar Corp
PRICES
Wednesday
23
14% Mar 24
42'/a Oct 17
27% Mar 25
19'/a Oct
36 Va Sep
(E I) & Co com—20
Duquesne l ight 57c
DWG
Jan
No par
Duplan Corp
126%
.
16 V*
1
190
.
Oct
40% Sep
54% Apr
100
International
Du
6%
6
Oct
50c
common
*125%
189%
3
May 19
May 22
109% Oct
101% Sep
No par
preferred
conv
1,300
2
11% May 19
15
common
preferred series A
*13'A
35
Co
Jan
No par
$3.25 2nd preferred
103%
Jan
10% Feb
50
49
No par
110%
42 V* July
50 Va
2
_
25 Va
28%
16'A
45%
5
Corp
103 Va
Oct
Sep
43% Oct
,18
16
Ltd
110'
40%
33%
25%
47
25
Aircraft
111%
40
31 %
6
15
No par
Mines
15
20
45% Mar
35% Apr
No par
Ce
Doehler-Jarvis
19 V4
63%
17% Jan
3
17
May 19
20% May 14
1
A
19%
May 17
Aug
4
10% May 19
No par
Co common
Pepper
63
103
No par
common
Divco Corp.
19%
*110%
12.50
partic preferred
Diamond
62
40
5
Match
Dixie Cup
600
38 Va
1
Corp
Co
1,300
53%
38%
67c
1
Raynolds class A
1,600
il %
*'27
38%
18,700
19
53»/4
53>/a
26%
38
*19
40
53 Va
26%
-
Vilbiss
Diamond
100
2,600
16 Va
,16
19%
40%
26%
*52
59
*17%
*43%
45
19%
COLUMBUS
16 Va
19 Va
23
*26%
39
6% May 19
25% May 19
20
17%
39%
100
Edison
27
39
100
pfd
Detroit Hillsdale & S W RR Co—100
62 Va
*58
12%
5% May 19
com
for
14
RR
Detroit-Michigan Stove Co
65
*60
12 Va
for
33'/a Oct
32% May 19
50
Western
Grande
23%
65
12%
&
20
100
Hudson
38%
*60
S
14%
43%
65
35Va Jan
13%
33%
11%
14
14%
33%
7%
common
34
13%
33%
11%
Nov
May
101% July 29
*98%
34 Va
-
Apr 25
14% May 20
16% Jan 16
30%
14%
14%
*60
1
91
99
13%
*11
A
99
*9£'
33%
13
*33 Va
series
29%
99
*98 V*
3%-%
pfd
Davega Stores Corp N Y
98%
30
*98%
Cum
1
common
*95
♦lev*
21
Feb
May
Range for Previous
STOCK
Lowest
Lowest
V
Shares
Year 1946
Range Since January 1
EXCHANGE
Par
Highest
$ per
$ per share
share
$ per share
Highest
S per share
E
*24 Va
to
24%
19%
45%
45 Va
*52
93
17
20%
18,400
Eastern
Airlines Inc
23 %
21%
22%
22
22 3/4
21%
22%
27,100
Eastern
Stainless
45%
45%
46
45 V4
45%
45 Va
45%
13,100
Eastman
200
53%
54
21
21%
99
98
7%
55
17%
108
7%
56
14 Va
13%
14%
38
Va
37%
37%
2Va
2%
2 Va
18%
18%
18 %
*162%
■17
17
17%
*198
202
Co
33
53%
54
2,100
21%
4,100
Edison
98
16%
16%
16 Va
16%
50
Bros
3,900
Ekco
7 Ve
7%
2,500
55%
56%
55 %
5 6 3/4
56%
56%
6,400
14'A
14%
14
14'A
2,800
Electric
28%
*36
14%
14»A
*36
39
2%
2'A
18%
19'A
150
*150
152
*36
2 Va
18%
*162
150'A
2'A
2,200
22,200
150'A
*150
151
17%
*17V4
59%
59%
593/4
55%
55%
543A
18
.
Co
Boat
Electric
Power &
$6
500
preferred
900
El
Natural
Paso
14 Va
14%
14%
14%
14%
143/4
153/a
7,300
Emerson
Electric
19%
18%
19%
*18%
18 3A
18 3/4,
183A
2,700
Emerson
Radio
15%
15'A
15'A
15V4
15%
15'A
15%
1,400
33'A
300
3%
3 Va
3Va
9 V*
9%
9%
53%
53 Va
53
3%
9%
53%
32%
*104
33'A
105%
3 Va
3%
9%
9%
54
54
*64
67
*32%
*104
3'v
9%
54
33'A
1051/a
3%
9%
Va
91/,
6E
*64Va
68
600
RR
57o
10%
10%
103/4
103/4
22%
22%
22%
23
22%
23 Va
22 %
22%
*21 '/a
22 V2
2,300
13%
13%
13%
13%
13%
14%
14
143/e
141/4
14,400
46%
4
47
47%
47%
48%
48V4
48V4
493A
3,000
Ex-Cell-O
12
12
12
11 %
11%
113/4
200
Exchange
56%
55%
56
56
56
30%
30%
31
30%
31
7%
7%
*55%
56'A
56
56%
55%
30 Va
31
30%
31
30%
7Va
8
7%
14
48%
*11
1
12%
Deo
35%
Apr
34%
Oct
48%
Jan
7%
Jan
10Va May 19
33% May 29
11% May 19
152
May 20
137
May 26
2
•
Erie
3,000
&
Evans
Williams
Products
Eversharp
8
Jan 10
Jan 14
Feb 8
July 24
3%
13%
Oct
Deo
Oct
138
Sep
27%
29
Dec
Feb
114
Jan
Feb
Va May
180 Va May
167
July
156 Va Feb 24
128
Sep
57% Oct
3
24% Mar 19
40
Oct
56%
Jun
46% May 20
59% Oct
2
44%
Sep
61%
Jun
15% Feb 21
21% Feb
0
11%
Feb
No par
100
50
5
Pittsburgh RR Co
Eureka
Sep
39%
3%
19%
171
17%
Feb
Aug
47
Jan
3
16% Sep 11
4
Phonograph-—5
common
11 Va
*11%
80 Va
Mfg Co
&
preferred series A
10%
%
Oct
Erie
54
10%
j
50 V3
7.40C
*533/4
10 Va
12'%
65% Fph ]•»
16% Feb
5
9,500
54
*65%
*11%
50Va May 17
9%
105 %
10
*64%
16%
10
Endicott Johnson Corp common—25
4% preferred
100
t Equitable Office Bldg
No par
63
66
NOV
District Electric Co
Empire
10
*65%
Nov
6%
■3'A-
*32%
*104
3
106 Va
71
40% May
112
3
Gas
15%
33
111% Feb 18
8% Feb 18
Oct
15
Elgin National Watch Co
1,200
13%
105%
107
Aug 28
4% May 19
No par
Storage Battery
18%
.
Dec
No par
173/4
'
Oct
23%
No par
5S3A
17%
59,1/4
39
101
No par
Light com
Electric
Aug
109
Feb
4
27Va Feb 17
May 17
96% Oct
3
preferred
900
Jun
209
17
15'/a Aug 29
19
No par
common
preferred
$7
31 Ve May
61
Nov
Elec & Mus Ind Amer shares
200
30% May
Nov
Jan
5
common
preferred
Convertible
300
2 Va
165
Products
4%%
19'A
18%
*162
17%
55
2%
19'A
59%
55%
39
165
17%
55
106
Sep
16%
30 %
5
Stop Nut Co
Electric Auto-Lite (The)
*103
19
3
Jan 30
48% July 23
51
100
1
Elastic
108
25% Aug 18
24'A Apr
190
100
7'A
*104
May 19
198
Oct
8
57
Feb 11
25% Feb
7
Stores Inc common—l
preferred
4%%
7'A
165
*32%
182 % Jun
6
42% May 17
7%
108
165
104
100
4
96'/a
59 Va
105 %
42% May 17
21%
59 Va
33
*104
10
cumulative
15%
15.%
common
53%
17%
14
*17
18
21%
98%
6 c/o
-17%
*13%
19% Jan 16
17%-May 19
5
53%
56%
59 Va
202
Kodak
1
Corp
Steel
21%
*98
COLUMBUS
17
*198
10
Eagle-Picher Co
7'A
*104
164
56%
'
2,900
preferred
Eaton Manufacturing Co
DAY
56%
*59
98
150
153
*55%
2'A
18%
Va
164
164
*148
200
21%
104
7%
55
38
*189
53%
17%
17 Va
107 Va
14
25
20%
*97
*104
55
243/4
21'A
52%
21%
*98
■
25
20'A
21%
52%
*21%
7
24%
20%
197%
200
*197%
25
19%
45%
21%
24%
19%
22 %
19
25
19
**
18%
Corp
9% May
May
Sep
May
May
Jan
May
May
13
13%
27 %
102
2%
8%
47%
64%
7%
19
19
29
17
7
2
14
19
Oct
1
May 17
May 19
5
Corp
18
1
3
Co
Inc_
12% May 17
32 Va May 19
'
May 12
2.50
Buffet Corp—
19% Jan
8
38
Apr
2
107
Mar 24
4'/a May 5
12 % Feb
3
67
Feb 3
85
Mar 25
13% Feb 8
24% Feb
7
25% Jnn 7
49% Oct 17
13'/a Aug 6
Nov
30 Va
17 %
Deo
43% Mar
17
Nov
21 Va
104
Sep
111
Oct
Jan
2 V*
Jun
5%
Jan
9%
Oct
23%
Jan
Oct
93
Jtm
90
Oct
95
Jan
10
Oct
22%
Jen
Apr
48
15%
Oct
33%
21%
Nov
58%
34%
Oct
63 V4
Jan
Oct
11%
Jun
7
Apr
F
25%
36%
•
7%
7%
7%
37%
37%
105%
36%
105
7%
25%
105%
25%
25%
105
8%
,
36%
21%
21%
11%
11%
11%
11%
-11%
25%
25%
25%
25%
1C4
21%
20%
*104
104
footer
So#>
page 24.
104 Va
88
25 Va Jan 16
31% feb
1
21%
Sep
36%
Feb
4% May 19
9% Feb
7
7%
Deo
19%
Jan
<
|
176
36%
25
20 "2
Nov
Fajardo Sugar Co of Porto Rico—2o
Farnsworth Televis'n & Rad Corp—1
1,600
5
*3*%
47%
2,400
10,100
1,700
104
36%
22%
12
:25%
104%::
37
37
21%
22,
21%
22%
600
Light & Traction com—15
$6 preferred.
—No par
Federal' Mining & Smelting Co
2
Federal
-
2,300
Federal-Mogul
11%
12%
,12
12%
3,200
Federal Motor Truck—
"25%
25%
x25
25%
7,300
Federated Dept Stores
.102%
103%
xlOl
102
380
No par
Fairbanks Morse & Co
4•%&
Corp
-
5
No par
com—No par
convertible preferred—100
44
20 Va
102%
32
18 %
May 19
Apr 19
Mar 19
May 16
Sep 29
9% May 19
19
Apr 18xlOl
Oct 17
60
26
108
42%
23'A
Jan 30
Oct
7
Jan 29
Mar 7
July 14
14% Feb
8
28% July 23
107% Jun 12
20
100%
35
May
Sep
26%
Jan
Sep
112%
Feb
Oct
54%
Feb
21%
i
Jun
10%
Oct
21
Nov
104
Sep
34 Va Aug
Feb
108
)
f
Volume
166
Number 4639
THE
COMMERCIAL
NEW
LOW
AND
HIGH
Saturday
*
Monday
Tuesday
Oct. 11
Oct. 13
SALE
Oct. 14
t per share
share
per
*21%
t
21%
23
*21
21%
23
53%
53%
50
50
50
*105
106
*105
59%
59 Va
23%
51%
the Week
21
I per share
21%
*21%
21%
23%
23%
23%
23%
55
55%
55 %
52%
4,600
105%
Felt
400
200
52%
105%
51%
*105
58%
52 VB
52
105%
57%
105%
59
59%
59%
&
4%'/o
1,100
Firsi
17%
17%
17%
18 Vb
18
18%
18
18
1,700
39%
38%
39 %
38%
39 Va
38%
38%
5,800
*33%
106
34
14%
106
34
15
107
34
14%
107
*33%
15%
106
34 V4
15
106
*33%
15
*106
107
34%
34 %
x>4
500
15
14%
15 VB
4,900
23
14%
34%
*22-/4
23%
*22%
23 %
*23
32%
33%
32%
33%
31
32
31%
31%
31%
32
10%
11'%
11%
117/B
11%
12
11%
12
11%
12
78%
78%
77%
78%
77%
77%
77 V4
77%
102
102
•
27%
27%
27%
*25%
25 %
*25 V4
15%
15%
,
*41%
41%
♦13%
102 %
*100
X23
101%
*100
101
28
27%
28 Va
27%
25V2
25Vi
25 >/4
*25%
1CZ
28
*14
3,400
16
16
16%
16
16
3,600
41%
41%
41 %
41
41%
2,700
14 %
*13%
14%
24
24%
24 %
24 %
92
92%
92
10%
10
11 VB
10%
11
93
10%
300
9,800
93%
24
92%
10%
14%
24%
*13%
10%
3,400
10%
10%
22,700
10 Vb
10 Va
10%
10 >/8
10%
10%
19%
20
20
19%
19%
*19%
20
Co
Inc
(The)
300
Gamewell
7%
7'/a
700
7'%
6%
7%
Gardner-Denver
7
6%
6%
22,100
3G
*34 %
36
20%
21%
20%
15 %
15%
15%
15%
109
*105
567«
*10
10 %
*178
10
180
12
12
12%
57%
57%
*
105 %
58
57 %
xlO
10
9%
*178'
180
180
*178
109
*105
58
35%
178
General
General
178
20
13%
13%
13%
12%
12%
13
12%
13
12%
13
78
152%
78%
*77%
78%
78%
16,400
■
80
151
$8
preferred
General
4,230
4%
1st
43%
43%
43 V'4
43%
1,300
4%
conv
27 %
27%
27
%
27%
1,800
General
*150
152
*150
152
10
7%
2nd
37%
37%
37 %
37 %
37 3
a
37%
37%
37%
37%
37%
38'%
28,400
General
Electric
38 V8
38%
38%
100%
39%
100%
100%
101'%
6,500
General
Foods
100%
100%
14%
13%
13%
50
49%
*48
14
49'%
*118
115
58"^
14
49'%
49%
49%
128 %
*1.12
14%
COLUMBUS
128
DAY
128'%
*112
59
127%
115
59
127%
*112
60%
115
59%
128
♦112
60%
*100
49%
127
*112
60 Va
700
$3.50
2,300
General
50%
4,300
General
127%
360
5%
115
59%
60 Va
58,900
"126
127
126'%
126%
126
126
126
"103
126%
103 '4
*1251%
127
1027/8
103'%
103 %
102'%
102%
102%
103
16'%
16%
3,400
*16%
General
700
102 %
16%
10
16
16
—
*17
17'%
3 '/B
8
14
—
17%
*126
128%
3'%
13%
27%
128%
4 %
281/2
28%
31
31%
4%
27%
*126
115
26%
26%
26%
♦101%
103 %
*101%
103%
*101%
103%
25%
25%
25%
LOW
IOO.V2
87%
*85
AND
HIGH
Monday
Tuesday
Oct. 11
Oct. IX
SALE
Oct. It
per
26 7
$hare
1 per share
95%
95%
23%
23%
*95
..
■
95% :
23%
-
24
*95
46%
47
52%
52%
*51 "Va
*6%
G%
120%
Gen
per
5
6%
3,300
Genera^
*31%
1,000
116
210
30%
31
26%
26%
500
Gen
99%
*85
Friday
t per share
27%
27»%
98
Time
26
25 VB
*95%
49%
49'%
*52
6%
Instr
6%
*120
96%
96'%
6,400
54
6%
200
6%
*120
Gillette
$5
2,500
122'%
Co
47%
*102
47%
*106
20%
5%
7'%
6%
*35
35%
35
35
35%
35%
*35'%
*19%
20
20
20%
20%
20%
20%
*
27%
102 '/a
102 V'8
11'%
11%
12 %
*32%
33 %
*32%
16'%
16 Va
16 VB
Gold
&
23 %
5'%
No par
16'A Sep
30
2% May 16
12% May 19
19
May 19
5
No par
125
26
No par
Oct
3
19
19% Apr
20
14
101
5
com
May 27
201% Apr
29% Sep
Stock
28'%
12 Vb
12
678
6
65% Feb
11
129
Mar 25
107% Sep 16
19% Jan
33
33
com
No par
8
Oct
19
3
1
Inc
F)
11%
Granite
Grant
1,800
City
26
Pj.
}
150
Apr
Feb
Feb 26
Steel
Jan
47
Jun
Oct
132
July
2
32
Nov
30
Feb
1
Apr 15
40V* Feb 11
105
35% Jan
106
108
Jan
22
98
Feb
5
.Tan
7
116
NOV
Feb
15
27
Nov
71% Feb
11
59% Nov
Mar
5
9
May 19
Jun
2
2
101% Oct
1
9
31
May
16
2
Mar 28
33
106
July 23
61% Feb
8% Mar 27
28
Nov
101
Nov
14% Feb 10
37% Feb 18
*147'%
16%
10 Vb
9%
97/8
103'%
29%'
6
6%
•*89
17%
*17
16%
16%
*16%
17
800
Greenfield
10
103
10%
10 %
10%
107%
11%
71,200
*102'%
103
103%
*102'%
103%
20
32%
31'%
31%
31
31%
7,900
Grumman
6%
6%
6%
6%
6%
7'%
7
7%
3,800
Guantanamo
90
90
90
92
11%
90
*89
11%
11%
12%
12%
12%
12
12
13
42%
12%
42%
42%
42%
43%
44%
44%
44%
44%
45 VB
1,200
69%
70
69%
70
69%
70%
69%
70%
15
15,900
15'%
15%
15%
14%
15'%
14%
15
14,700
15'/B
•
Corp__No par
Die
15% Sep
16
No par
31'%
90
69%
7
preferred-
32%
90
69%
May 12
29% Oct
Common
4%%
31%
%
15 %
Tap &
59
1
163% Jan
70
Feb
12%
Oct
113 Va
Jan
Feb
43
16
Jan
12 Va
Jan
54 Va May
27 V4
Feb
40 Va
jun
Feb
112
123/4
Dec
13%
Dec
Deo
35
Dec
3
33%
13%
40%
5
22%
30
Dec
21
Feb
Oct
64
Jun
Nov
343/3
Jan
Apr
27
158
Oct
188 Va
5
55
Oct
79
Feb
203/4
Dec
35% Aug 22
21% Mar 5
20% Deo
Greyhound Corp (The) —
10'%
103'/2
*103
31%
17%
142Va May 22
100
Oct
5
150%
100
5%
30 V4 Mar
16
149%
new
Oct
10
277/a Mar
Inc
5Va
20% Oct
17
Sep
49% Feb
Co
2
Sep
19% Nov
33
22% Jun
25
Apr
105 V4
5
13
Apr 18
34% May 21
Apr
Mar
77
5% Feb
No par
88 Va
107
4
Mar
Jan
47% May
Sep
10
Jan
151%
Nov
Aug
107
Jan
50 Va
Jan
Jan
8%
100%
24
41
Apr
21
109
No par
—
57/B NOV
123% Apr
No par
(H L)
B
6
Jun
pfd
Bay & Western RR
42%. Apr
May
108
Jan
Prop
Preferred
100
»
6
6%
Green
Dec
Feb
No par
Green
22% Jan
102%
7
7
Ore
110
Highest
$ per share
May
Northern
3,200
Year 1046
58
Nothern Iron
32%
Sep
106
Gt
64%
104'/a
56 Vt
Gt
150
Jan
Oct
Great Western Sugar com
31%
118
Deo
1,800
*62
102% Sep
96
Oct
Oct
1,900
*147'%
Jun
63
12% May 19
25% May 28
5
com
Feb
9,000
32'%
Feb
60
$ per share
Mar 31
16'%
64%
Apr
111
36%
5% Oct
100
pfd
30
23%
150
46%
Oct
Oct
32% NOV
15
31
No par
-
32
41
31
24%
49 Va May
Lowest
105% Jan 20
16'%
*62
JUU
29
17
3
5
common
Ry
lia/4
26 Va
Jan
101
36"% Jan 23
124% Jan 29
23%
31'%
137
7%
Oct
Sep
105% Sep 24
13% May 13
No par
conv
Jan
Oct
140
2%
49% Oct
Oct
41% Jun
1
Grayson-Robinson Stores
cum
Va
May
39%
DAY
40
48
16'%
16%
21% Nov
Feb
24% NOV
23%
64%
Dec
Apr
8
40 V8
31'%
103
23% May
16»%
*62
132
58
X102
par
1
Co
Feb
Oct
NOT
14% Oct
23%
31
80%
47%
124 Va
101% Deo
6
.39%
64%
Jan
8
40'%
149
Jin
123
8
23%
30%
54%
135 Va
Sep
Feb
40
*62
Jun
Dec
114
4% Feb
23%
149
Aug
42
126
16% Jan
31% Feb
40'%
COLUMBUS
Feb
103
49
No par
preferred
$2.25
56 Va
104 Va Jun 13
22
May 14
No par
Co
(WT)
3%%
200
Oct
15
95
10
Motors
Union
260
Feb
39%
May 19
51% May
6
5Vs May 21
100
,
14
34
No par
Hosiery
Granby Consol M S &
12
95 % Oct
No par
Grand
34
*33
Co
—
1,100
1,400
..
29
$ per share
share
17% May 19
1
com
5.200
3,400
62
Nov
Highest
23% May-19
No par
Telegraph
(B
Graham-Paige
20%
Apr
Dec
16
$ per
No par
_•!_
preferred
conv
28%
Apr
33%
6
Lowest
preferred
$5
Aug
182
Range Since January 1
Goodyear Tire & Rub com-—No
191'%
28%
*100
12'%
33
53,400
Co
Gotham
47%
Oct
156
Range for Previous
STOCK
36
20%
102%
800
$5
90% Aug
40%
Oct
3
Feb
23%
31
*16
:
1
2
27%
54% July 11
39%
64%
31
Sep
74% Deo
X35% Sep
Apr
8%
„
50
600
20
6%
101 %
16%
106
*35%
28'%
16'%
Apr
16%
11
131 V« Feb 25
xl22
23%
151
*103
7
36
20%
102%
*32'%
16%
28 Va
Aug 21
23'%
23 %
*62
i
34
103
39'%
39%
*
*149
28
105%
5
5%
7
27%
12,100
5%
5%
7'%
102 %
Nov
•
__
No par
100
48'%
5%
5
6%
11%
107
102 %
47%
20
6%
27%
3
13% May 20
1
com
30
102 %
48
20%
4%
102'%
102%
20 V8
6%
*11%
6
125% May
No par
common
Goodall-Sanford
*27%
Jun
*101 % Jan
100
(The)
Goodrich
*102
13
83% July 16
47% Feb 13
16% Mar
51% Jan
10
conv
3,900
106
May 19
110
preferred
Goebel Brewing Co
4%%
4,500
20'%
11
43
May 19
126% Mar 14
No par
$4.50 preferred
Glidden
27'%
106
9
9
com—No par
Co
preferred
59
4%
*
Corp
Brothers
27'%
20 Va
Deo
45% Jan
May 19
Apr
*170
3
Corp
Safety Razor
conv
Gimbel
100
49 %
49
122%
29,300
58'%
106
18% Jan
14% Feb
200
1
39% Feb
32
Par
28
*197/b
July
7
1
YORK
59
20
16
May 19
EXCHANGE
200
25%
*52%
6%
9,700
98
*95
49%
54
NEW
27%
20
185
87% Oct
58%
102%
5
100
59
47
Apr
Mar
preferred
28'%
*102
Apr
14%
100
58 %
46%
71%
Sep
preferred
27%
102%
Sep
10%
100
pfd
& Rubber
57%
45%
48
it
Jan
preferred
27%
106
17
iJ'APeo
Oct
Oct
56%
*102
58% Oct
16
4%
$6
Dec
17
20 V*
Cast
May
109
Apr
6
27%
46 VB
Deo
8
%
106
104
6% Feb
56'%
102%
«
May
21% July
Deo
Jar
29'A Oct
27
46
100
160
Shares
27%
*96'%
25'%
13%
15% July 28
Mar 12
3"% May 17
56%
106
24
18 Va May 19
27 ''4
*101%
67 % May
10c
Tire
Sales for
*95%
122%
Deo
No par
&
the Week
27 VB
95
6'%
*120
Dec
Nov
7%
1
No par
com
Apr
15
3%%
Oct. 17
t per share
25%
53%
Jan
STOCKS
98
48'%
29%
38
4'A%
87 %
Sep
Jan
6
21% May 27
99% Oct 17
80
17
150% Oct.
10c
Telephone
4'A %
100
Jan
1
Utilities
Steel
Gen
7,000
26%
26
Refractories—
General
102 %
26%
87%
Gen
1,300
26%
*101
26%
Realty
14% Nov
8
General Shoe Corp
115%
115%
Gen
3
Feb
100
II,400
21
33
preferred
5'/b
Sep
7
10
Corp
Signal
32
11%
18%
10% Sep
4
16
Corp
Utilities
28 Va
28'%
Oct. 16
27%
*52
6%
10
Thursday
share
23%
121
128%
Oct
2
Jun
Service
PRICES
95
53%
5'/b
101
*85
28
125%
4
24
Co
15% May
17
8
1
Cement
.equip
Railway
27'%
%■'
102 %
*100
87%
*95
'i
48
6%
124
101
27
95'%
46%
*121
1
27'%
95%
■
■»
95'%
26%
26%
Oct. 15
26%
2,400
27%
31
*101
Wednesday
f per share
27
a
31
27
♦100
Saturday
1
31%
25%
26
*85
87%
Public
128
115
*25%
•85
Public
Gen
28%
25'%
100%
Gen
32
25'%
101
2,600
30,100
4%
31
recisiou
i
3%
14%
32
115
Portland
3%
28'%
115
General
iu
July
8
100% Oct
common
112
9% Feb
11% Jun
No par
Artv
14 Va
4%
30%
I,400
Outdoor
3%
29'/b
30%
r-pn
14 Va
14
c
1,400
Sep
Jan
28
com
Jun
20% Oct
9
series
48
*17V4 Feb
100
Corp
27% May
Nov
10% Oct
37% Oct
common
NOV
W
103% Mar 10
Sep
Corp
Jun
It
28%
17% Feb
No par
$3.75
Jan
61
Apr
preferred
Motors
Feb
35%
Sep
21
9
12
No par
com
preferred
Preferred
18%
11 •%
4%
32
31
18
28%
*31
31
114 %
114J/2
128 %
*126
29 Vb
31
4%.
3'%
14%
27'%
4%
*113%:
3%
14
28%
*30%
17%
18
$5
16%
18%
%
27 V2
26%
*12G
11
3'%
xl3%
26%
*16%
....
17'%
3%
14
*26
16%
Corp
Mills
28
Sep
37
preferredconv
Sep
20%
45%
Jan
21% Oct
168
No par
Instrument
3%%
25%
26% Jan
No par
preferred
14
50'A
128%
115
59%
100%
*13%
15
25% Jan
6
50% Feb 10
50
Co
Apr
49%
100
com
100
19% Nov
"
9% Oct
100
37%
13
8
71
preferred
37
14
7
July 24
43% Feb
48
No par
preferred
Cigar Co Inc
36 %
14
110
10% May 19
5
preferred
36'%
101
Sep
94% Jan
17
4
105
No par
36
101
71
26% Aug
5
Corp
General Cable Corp com
43
152
May
17
5
Bronze
27%
*151
Fefc
23 '/a
Oct
100
Transportation
Baking
42
27%
21 Vt
Oct
14'A May 21
50
com__l
Amer
27'%
42
151
78'%
7,500
Jan
4% July 22
common—1.66%
Investors
^n
UV«
12 %
12% May 24
14% May 3.7
1
com
preferred--
Container
American
3,400
13%
42
conv
3,000
13%
26%
4%%
Inc
*1
14
13
5% May 17
No par
Industries
General
10
13%
29
33% Oct
18% Jun
No par
Co
Gaylord
58%
13%
77%
27
Wood
(The)
$4.50 preferred
12 %
78%
Co
3,900
109
9%
2u%
Oct
15% Feb
9% Sep
1
com
20
11,200
15%
57%
9%
180
Gar
700
21
12%
42
*26
109
*105%
10'%
*178
12 %
*77
109
57%
*34%
101
.1
common
(Robert)
preferred.
19%
21%
fcep
3
15%
15'%
16%
20%
90 % Oct
preferred
Apr
Jun
«
100
Co
Jbn
13
69% May 17
100
57
May 17
9
-10
common
Oct
Aug 28
24
2
19%
20%
14% Jan
33%
18
*15%
35 %
lo
115
17% Jan
13
May 29
Jan
19%
15 %
14% Jun
-■18
Sep
a
Jan
15%
37
7%
No par
105
?o
41% Jan
39
19%
21%
May 19
22
15'%
14%
30
110% Feb 25
8
19%
35%
Jun
May 21
19% Sep
19%
21
juiy
46%
common—_—l
19'%
15
May
,<>
Oct
pfd—
Trailer
19%
21
va
Nov
Fruehauf
19 %
35
No?
16
25 Va
105
12% May 20
36% May 19
12% Jun 16
6%
Jku
No par
25
Gabriel
Apr
52
prior preferred—L
Gair Co
*/a
15
Sugar Co
No par
Freeport Sulphur Co
10
Frpedtert Grain & Malting Co Inc_l
cum
Ft o
/O
00
109 */a
Dec
29
Francisco
4 '/o
Nov
23
29 Va Feb
6%
Oci
01
39% Oct
A
Corp
*19
15
49
105%
19% May 17
237/a May 23
200
*34%
7
60 Va July
Corp
conv
15
*20%
21
21 % Jan
10
15
e%
Feb
May 19
:_l
14%
7'.;,
2b
61
No par
Stores
cum
share
J4*'» Mar
51 % May 20
Inc
3%%
59 % Feb
107% Aug
16
Sep
14% May 27
Fair
Foster-Wheeler
Sep
19 Va
24
Machinery Corp
14%
*99 %
46% May 27
42 % jun
5
104
No par
.
Steel
15
3 1
4
25
Power
♦14%.
*151
26% Jan
Food
210
*19%
j
'
41 %
20'A May 20
$ per
10
Food
;
10
14 %
91%
10
56%
26% Feb
10
Stores
preferred-—
Foilansbee
100
27%
25%
15%
24%
19%
101
41%
15%
91
10 %
600
41%
23%
10
100
27%
23%
10%
.
*25%
25%
91
*19%
23%
14%
40%
14 '/a
23%
*105
Y
com
Highest
$ per share
20% May 17
_—loo
Corp
Florsheim Shoe class
4,600
78%
*78
23%
Vfcar J 046
$ per share
l
preferred
Florida
share
Lowest
5
Florence Stove Co
11,800
*80%
$ per
(Tnc) Carpet Co
No par
Fiintkote Co (Tnej common—No par
70
*22%
15%
Co
Corp
National
Range for Previous
Range Since January 1
Lowest
Highest
Firth
38%
107
♦100
Enamel
Mfg
Fidelity Phen Fire Ins N
Firestone Tire & Rubber
17%
38
Tarrant
Fcrro
38 %
*17%
*106
STOCK
Par
1,300
55
52
YORK
EXCHANGE
500
55
58%
NEW
Shares
23%
*105
59%
(1589)
RECORD
Sales for
Oct. 17
t per share
21%
*54
106
59%
CHRONICLE
STOCKS
Friday
Oct. 16
per share
21%
23
53%
*53%
23
STOCK
Thursday
Oct. 15
$
YORK
FINANCIAL
PRICES
Wednesday
per share
&
*88
70
14,100
$5
Aircraft
Sugar
preferred.
conv
14
4% May 14
—_1
8% Jan
10
78
No par
May 17
93
July 16
14% Feb
3
102%
Oct
23% Dec
6% Oct
80
Nov
9% Sep
Apr
111
52 Va
Apr
13%
Jan
108
Jan
30'A
Jan
6% May 19
31% May 21
49
July 22
31%
Oct
78%
25
preferred
5'7% Anr
14
74
Aug
5
66%
8ep
78
May
No par
14% Oct
17
16 Va Sep
12
39
11
35
Nov
40 Va
May
4
15
Oct
24
Aug
17%
Oct
26 Va
Jan
No par
Gulf Oil Corp
Gulf States Utilities
27
32% Oct
17
Gulf Mobile & Ohio RR—__No par
$5
17
105 % Feb
July 29
100% Jun
1
common
11% Oct
6
May 27
9
_100
Corp
:
Co_—
Jan
H
*35 \\
15.V2
;
36
'*14V
**99.
*35'%
15%
15%
15%
*106% 107%
26%
V* 7 %.'•
*88 '
152
33 Va
33
7%
x7%
91
8% i.
*87 VB
8%
*25%
25%
*97
-
26%
*152
33
15%
700
Hall
16
16
300
Hamilton
98 %
98 Va.
97
97%
*107
26%
156
26%
*152
33%
*7%
33%
7%
*87%
7%
91
*87
108
33%
9»/4
8%
9
8%
8%
26 V,
39 %
257%
39%
*1051%
page 24.
1051%-
25%
25%
25%
97
•25%
*94
39
'
/
105V4
26
25%
98
-'
39
*94
*■*
1051/4
105 V4
800
26 Vt
105%'-
25%
*38%
*
Hat
17,000
*04
105 Vt
27
-
98
39
:
<
-■
;'•••
105 V,''
300
190
Apr
16
14
Jun
30
97
&
Marx
:
Inc_
Corp_
Co
Feb
4
15
17
108'A Sep
26% Oct
160
Apr
103
Oct
119
12
105%
Jan
109 Va
15
20%
Sep
Jan
27
151%
Nov
33
NOV
Apr
343/4 May
170
Aug
60 Va May
39% Jan
6
6% May 19
10V4 Feb
3
8
Oct
16%
88'A Aug 20
100% Apr
7
99
Sep
106%
Jan
Feb
8
8
NOV
20%
Apr
9% Oct
10
5% Nov
29 V* Oct
15%
Jan
10
6
25
r-25
'preferred^.——lTlp0
May 19
4% May 19
25% May 16
2
97
—15
cum
112
July 25
28 % May 19
1-100
3.65%.
17
100
;
common
3%%
22
—1
preferred:
;
'Heinz (H J) Co common
V
Jan
155
1
Hazel-Atlas Glass Co__l.j
Hecht
Apr
19% Apr
100
preferred
Industries
104'
Oct
Jan
19% Feb
19
14% May 27
100
preferred—
Hayes Mfg
1,200'
10
33
5
Corp of Amer class A
Hayes
1,700
25%
25
No par
com
preferred^
.Hart,, Schaffner
5,500
8%
Co
(M A)
4%%-
8%
26%
25%
-98
conv
6%
600
■
8%
391/4 "'39V4
*
7%
Watch
Co $4.25 pfd__No par
Harbison-Walk Refrac com__No par
91
8
•
4%
10
33V4
7%
8%
1,600
156
*88
(W F)
Hanna
26%
33
7%
91
81/4
25%
see
*152
60
.
108
25%
156
9%
97
^5%: 405%
*107
26%
8%
25%
footnotes
15%
15%
9 Vb
99'%
Printing Co
15%
26 V4
26
Water
15%
108
33
7%
91
Hackensack
97%
26%
152
36
*151/4
9 Vb
,
For
*107.
*35
16
97%
108
36
8%
9%
-
^
26%
153
*32 Va
'
99
*35
15%
*151/4
*107
*26
36
15%
93
♦150
*35i/4
15%
100%
..
36
is v-j
15%
,
.
*
May 21
Oct 14
35
May 16
105
Sep 19
22
12
35% Jan
30% Jan
8
103% Apr
42% Feb
14
108
2
13
July 14
28%
101
Nov
Nov
41% Deo
103
Dec
Jan
^36
Dec
51
May
1093/4 Mar
<
Dec
'05%
Dec
44
17
18
(1590)
THE COMMERCIAL & FINANCIAL CHltONICLE
NEW
LOW
AND
HIGH
Saturday
Monday
Oct. 11
Oct. 13
Oct. 14
t per share
AL
SALE
$ per share
1 per share
56%
*551/2
143%
1431%
*143%
6 per share
56
147
*1431/2
S per share
147
*143%
19
20
20%
20%
20%
56%
57
55%
57
*131%
133
131%
131%
*131%
132%
*35%
351%
34%
35%
*124%
*22
126
123
125
20
56%
*131%
*34
11%
11%
11%
11%
11%
11%
11%
30 Vs
*29'A
*29%
30 %
*28 %
29%
*28
*26
26%
29
29%
122 '
123
(G W)
7%
Hercules
Powder
330
23%
23%
1,000
Hewitt-Robins
11%
12%
6,500
Hilton
29 Va
*29
30%
*28
26
$4
17%
DAY
33%
104
19%
19%
1,000
Holly
42%
42%
43
3,300
Homestake
18 %
18
18Vs
9,200
48 Va
300
24
10274
102'A
102 %
102%
102%
102%
43
43%
43%
43%
43%
43%
43Va
42%
42%
1,200
23 Va
23%
23%
23%
23%
24%
24 Va
24%
15,900
20%
*25%
26
600
37
*36%
37
1,300
Howe
1,700
25%
26
251/4
25V4
25 %
36 34
36%
37
37
37V2
37
4%
4%
4%
4%
4%
10%
11'A
10'A
10%
4%
10%
*35
10%
35 Va
34%
34%
35V2
'
41/4
*10
35%
4%
*4%
11
36
4%
*10
361/4
11
35%
3%%
90
•—No par
12.50
5%
5,400
19%
19%
20%
20%
21V2
20%
21 V4
20 Va
21
21%
22%
22%
22%
22%
22%
22%
22%
2,700
Hunt
Foods
4%
5'A
5%
5%
5%
5%
5 Va
5 Va
15,100
Hupp
Oct
28%
Feb
46% Apr
15
56
Feb
21
46
Nov
Apr
36
Oct
6
27
Sep
3
45% Jun 30
99%
Deo
111%
i._No par
28% Jan 11
97% May 26
37% May 21
52%
35%
25
16% Jan 16
26 % July 24
14 Va
Oct
30
Apr
l
20% May 19
29
5
24%
Oct
47
July
__5
31% May 19
38% Mar 28
30%
100
34%
34%
500
27,400
47'8
105 Va Sep
'
Corp
Motor
56
12%
common
3
100
Corp
4 3A
Hudson
35,500
Sep
Sep
34%
1
^preferred
100
Hudson Bay Min & Sm Ltd__No
par
22 '/a
22
May
34% May
13
non-cum
19
40
Jun
t c
v
Manhattan
22
Deo
48
17
May 19
35% Jan 23
18
19% Feb
Sound Co_
&
19 % July 17
25
Jan 2o
May
19
com—_No par
Texas
Howard Stores
*43
13% May
preferred
of
Nov
26
39 Va May
50
Finance
Oil
Jun
29% Jan
No par
—
com
Houston Light & Power
Houston
400
3614
Corp
Mining
preferred
Hudson
24
*36
5
Houdaille-Hershey
23%
43
*23
Apr
18
2,500
Oct
JI N
421/4
103
22
37%
18%
103
4
41%
(A)
43%
$2.25
Jan
Oct
5
Hollander & Sons
Household
146%
Sep
18
33%
NOV
21%
42%
3
123
22%
18%
33 7
Apr
5
2
44
*47%
Apr
139
29
19%
47%
Sep
Sep
Jan
Feb
19%
33'%
134
46%
130
Jan
19Va
47%
17
5
31 Va Jan
1
(Del)
19
33%
119% Jun
72 %
25
Mar 21
29
10
The
19 %
48
Sep
Feb
32
18
33%
38
11
18
48
63
134
19
34
26
Paper Co
E)
(C
Furnace
17%
33%
9
17
Sep
Jan
22% Apr 17
21% May 20
14% May 28
Hinde & Dauch
Hires
49
Aug
38%
3
10
100
33 YB
Jan
192
Nov
13% July
17%
33%
90
Dec
17%
5
100
Sugar
Oct
169%
8
23
17%
*48
61
22
Sep
17%
COLUMBUS
29
Jan
20
43
43%
Jan
22% Feb
10% Jun
19
19
68
165
5
1,400
300
Highest
$ per share
3
50% Sep
No par
share
11
14 % May 17
131 % Oct
per
5
25%
Co
52% July
143 % Oct
it
Inc
28%
Holland
$ per share
per share
Lowest
Corp
Hotels
25%
18
$
100
com_No par
new
preferred
qoiiv
Highest
No par
common
17%
*17
100
No par
5%
preferred
Hershey Chocolate
'
17
preferred
Motors
122%
29
25
common—
non-cum
Hercules
800
26
26%
Helme
220
34
*28
29
26%
29
26%
26%
49
331/4
*103
3,300
131%
34
23%
*11%
43%
59
56%
400
Year 1916
Lowest
Par
1,900
131%
Range Since January 1
EXCHANGE
30
19%
34%
*23 '/a
*29
17%
146 Va
19%
57
23 %
23%
*48
146%
132%
122%
231/4
*18%
55%
20%
Range for Previous
YORK STOCK
NEW
Shares
55%
147
124 3'4
22%
301/a
$ per share
56%
124'A
22%
*16%
the Week
*55%
56
35%
Sales for
Oct. 17
56
55%
*34%
Friday
Oct. 16
19%
Va
RECORD
STOCKS
Thursday
Oct. 15
56'A
STOCK
PRICES
XVt
*55%
YORK
Monday,. October 20, 1947
Car
No par
Inc
6.66%
1
May 19
7% May 16
33
May 14
12% May 19
15% May 23
3 % May 20
Feb
7% Feb
13% Mar
3
Jun
Jun
_
mmmm
28
Jan
Oct
Feb
12%
Jan
Dec
11%
60'A
Oct
5
25
Jan
45% May
43 V4 Feb
3
33
Sep
21% Oct
15
14%
Oct
34% Mar
2
25 Va
Oct
49 Va
Jun
9
5%
Sep
10%
Jun
30
Jan
7% Feb
I
*34
34%
34
34
34%
34%
34
26%
*60
27
26%
28 Va
27 Va
28 'A
27 %
60 %
60
61
*61
61%
*96%
97%
97%
*96 3a
97%
*22%
23 V»
*9
*96%
23 'A
9 Vs
*23%
23%
16 %
*16'A
45%
45%
*133 Va
136
*174
178
38%
16%
16%
*106%
3%
13%
*211%
*106%
3%
89%
89%
*179%
180%
8
23%
23%
23%
16%
16%
47%
135
135
174
174
*170
39 %
17%
*106 %
4%
28%
*132
91%
90 %
178%
179 %
8%
4%
28%
56%
56%
102%
14
*41
58
8%
131 %
57
86
4%
29%
29 %
133
132
57%
56 Va
57%
*100%
102%
13%
13%
13%
*112'A
113%
53%
53%
13%
-1
,
112
53%
13%
v|3%. 13%
nJLsr 113 %
112%
53%
3)3%
100
Nickel of
Canada
100
1
com__No par
Preferred
100
International
Paper
preferred
$4
Co
5%
15
com
No par
Int'l Rys of Cent Amer
com_-No par
preferred
100
International Salt
No par
42%
42%
42%
42%
42%
42%
42%
1,500
58
International
58
58 %
58%
58%
57'A
58
1,800
International Silver
36%
35%
35%
Va
12%
13
46,000
13
8,100
Foreign
600
Interstate
600
Island
36%
*35%
36%
*35%
12%
13 Vs
12%
13%
12%
13
*12%
*22
127/8
12%
13%
12%
13'A
13
13 V8
22i%
12 %
22
22
22%
*26%
22%
22 %
22 %
*22 %
27'%
27
27
55 %
53
53
53
155
*152
155
LOW
Saturday
Monday
Oct. 11
$ per Share
27
27
*52
*152
155
Oct. 13
f
Jjfer share
AND
HIGH
Tuesday
SALE
*27
53 »/a
"
27%
31%
*152
52 'A
155
—
-
I'/c
$6
—
Telep & Teleg_.No
share
ctfs
Dept
Stores
Creek
per
Thursday
Friday
22%
Jan
17
36
Sep
54
Jun
8
47 % Oct
116
Oct
136
July 29
Apr 19
180% Feb
18
33
40% Feb
9
12 Va
May 19
17% Feb
13
6% Sep
168% Mar
33%
t per share
13%
NEW
Jun
22 Va
Sep
Jun
Aug
44%
Sep
Feb
8
7 Va
Sep
11% May
Jan
9
35%
Nov
59
May
Aug
112
May
Feb
50
108
Mar 21
7
5%
Deo
13%
10 Va
Oct
20%
Feb
225 Va Feb
176 % Jan
15 Va
95
105
11
July 24
9% May 19
192'% Apr 29
70
Jan 13
13
July 14
Feb
Jan
250
Jun
Nov
102
Jun
175%
Deo
202
6%
195
66 %
Apr
21
186% Jun
12
May 19
10% Feb
11
Oct
15%
Apr
22% May 19
33% Oct
15
27
Sep
45
Jun
29
90 %
Deo
101
Aug
6
84-
Apr
23
3% May 17
96
Jan
5% Feb
8
30
36% Feb
8
9
136% Apr
2
38% May 19
57% Oct
15
27% Sep
130 % July
100
Jun
3
9
May 19
104% May 16
46% Apr 23
Oct
Aug
38%
Sep
95%
Oct
16
Feb
18
111/2
Nov
116
Feb
20
101 %
Sep
58% Feb
9
107% Sep
12
11%
Feb
42%
Feb
Oct
4%
28 Va
133
Feb
148
55%
Dec
113
Aug
26% May
125
July
Sep
70% July
44
Aug 25
36
Oct
49 Va
62
July 31
39 Va
Nov
60 Va Aug
32
40
Feb
37
Deo
42% Aug
par
No par
_.No par
No par
Coal
the Week
$ per share
151%
190
8 Va Feb
30
35 % May 17
105
May 2
3
May 19
Oct
May
2
1
common
preferred
Sales for
Oct. 17
Oct. 16
share
36
Sep
40% May 19
No par
common
preferred
International
Sep
11%
May 27
174
Jan
23
25
July 17
1
37% Jan
Juri
26
9% May 17
9% May 17
19
Apr
20
May 17
14
38 % May 20
143% Jan
2
7
52%
YORK
Jan
31%
Feb
17% Feb
11
14%
Nov
17% Feb
11
14%
Nov
31%
Feb
26% Feb
11
23%
Deo
50
Apr
26% Aug
19
54 Va Oct
10
153
Aug
1
20%
Deo
39 %
Deo
50
Aug
Deo
163
Jun
141
STOCKS
Oct. 15
I
27
155
22%
100
Shoe
PRICES
Wednesday
Oct. 14
$ per share
27
*51%
*152
-
July 17
25
Intertype Corp
400
*35%
-
107
10 %
25
41%
12%
*53
No par
_
57%
12%
*152
300
No par
Hydro-Electric Sys class A__25
Mining & Chem common
5
Int'l
270
53%
100
14
x35% May 20
1
common
58%
36%
16 Vs
20
Machine
41V2
.
*35%
Oct
Inc
preferred
International Mining Corp
700
.
Jan
6%
No par
4%.
100
111%
37%
No par
Preferred
17,500
102%
Oct
No par
180
56%
14 %
Interlake Iron
16,500
*100%
25% July 24
No par
Int'l
29%
16
com
Int'l
132
Jan
preferred
Intercontinental Rubber
300
28%
Apr
15
A—_
4 % %
1,400
132
S
Mex,
Copper
Ctfs
360
101 Va
13%
54
29%
132
99%
i
Corp
3,600
4%
De
insuranshares
18,600
85%
Sep
_No par
Harvester
4 %
87
Steel Co
Business
85 %
4%
Aug 22
100
Int'l
57%
101%
111%
*53
se
97
_
common
Int'l
-
9
21
preferred
800
33%
Jan
17
8,200
178%
3%
33
Jan
93
30% Jan
Electrica
Inspiration Consol
2,400
91 %
Jan
85
1000
series A
Interchemical
13,500
215
177%
33 Vi¬
4%
4
Apr
45%
Oct
12 Va Jan
Inland
10
14%
90%
8%
33%
88%
29%
*
57%
*101%
8%
33%
4%
29 %
132
102 3 4
53%
4
13%
91%
179%
8%
106%
213
90%
4%
111%
4%
14%
214
179 %
*56
13 %
*105
90%
33
*52%
4
14
*101
*
4%
106
44%
Oct
23 Va May 19
6%
300
xl06
Sep
18 Va
41
7% May 19
Ingersoll-Rand
2,500
214
*86
*111%
106%
31%
7
Industrial Rayon
5,300
7
46
14%
88
17
7
180*4
%
16V
1
8
Indianapolis Power & Light—No par
8,000
46
213%
33
131
17%
40 %
7%
14 Va
8%
29
39%
39 % Aug
30
Feb
61% Oct
5
20
46%
213%
32
174
7%
14%
88
133
17
39%
"4
x45 "4
7%
45
4%
•
39%
17%
*7%
88
4%
39%
44%
32
4%
46%
*133
174
7%
106%
47
135
174
May 19
Industria
100
46%
*133
30
18% May 19
37% May 21
100
4%
Illinois Terminal RR Co
5,700
47
%
lines
RR stock ctfs
300
135%
Leased
3,000
] 6
17%
88%
8
31%
*87
2,100
16%
213%
180
9'A
23%
44%
13%
213
240
9
16%
4
13%
213
23%
9 Va
^20
Illinois Central RR Co
common--10o
6% prefc-red series A
100
20
24
•
43%
107%
96%
23%
23 %
9 Va
96%
16%
39%
16%
*7
23 %
9%
Idaho Power Co
500
23%
1361/2
tiAY
28%
61
46
178
COLUMBUS
27%
61
16 %
38%
7'%
28 'A
61
97%
46
*134%
44
23
9 Va
24
*174
39
*6%
44
23
9%
23%
16 %
45%
*
,
23 Va
9
61
*96%
34
34% July
Range for Previous
STOCK
Range Since January 1
EXCHANGE
.
Lowest
Shares
Highest
$ per share
Par
$ per share
Year 1916
Lowest
$ per share
Highest
$ per share
J
9
*22
96%
*42%
*102
44
119
*25%
*109%
9
9VB
9%
22%
22%
96%
96
97
44
44
22%
102%
119
34%
39%
102%
44
44%
*120
26%
110%
26%
*109%
*150
*93%
44
*102
44
124
27
110%
*150
9%
*22
96%
44%
*102
45%
*123
9%
9%
9%
9%
9%
7,500
22%
*22 %
22%
22 %
22%
300
Jaeger Machine Co
96%
96%
97
96%
97%
160
Jersey Cent Pwr & Lt'4%
441/2
102%
34%
36
95
94
94
125'/a
125Vb
125 Ve
27 %
27%
110%
397s
40
40%
35%
40
44
*271/4
108%
36%
94
35%
*93
40%
39%
9,100
*123
127
28
1,200
108%
110
35 %
I)
Co
27,500
94
94
39%
40
6,300
pfd__100
No par
common..
preferred.—100
Johnson
& Johnson
5%
13% Feb 14
24% July 28
53
45%
Jan
Oct
16
2
110
Nov
24%
Jan
108
July
59% May
46% Oct
100
Deo
Deo
104% Sep
Jun
8%
100
104% Feb
37
common
12%
100
RR stamped
Jones & Laughlin Steel
10
101
2nd preferred series A
4%
6% Jun
21% Sep 25
95% Sep 24
39% May 20
No par
Corp com
preferred
3 % %
200
40%
No par
common-
cumulative
Joliet & Chicago
_
35%
34
1
Tea; Co Inc
3%%
130
-
(F
Johns Manville
200
27%
*
Jewel
160
46%
*150
36%
1,100
1021%
45%
28
108%
*150
441/4
102 %
46%
*108%
*93
44%
102
45%
*150
34%
44%
101
45%
Jacobs
100
com_.No par
preference series A
100
Joy Manufacturing Co
1
May 19
125 Vs Oct.
29
111
May
115%
Feb
Mar
150
Feb
153
Apr
34% July 28
May 15
112
Jan
11
27% May 17
39
Feb
8
__
x93
Sep
109
140
24% Sep
107
31%
Nov
53%
Feb
Jun
3
101% Feb
18
99
Sep
108
May
25% Jan
3
40% Oct
15
18%
Oct
34
Apr
10
17%
Oct
36
May
K
*16%
17
*103%
22%
104
*51
17%
*25%
X161/2
22%
44%
24
*108
*14%
44%
DAY
24
17%
26
26%
20%
COLUMBUS
17%
25%
20%
23%
52 %
17%
25%
46%
21 %
46
46%
45
24
109 %
*108%
15
15
76
76
*75%
35%
36
36%
*100
*16%
104
52
17%
46
104
23
53
20%
161/2
16%
16%
17
17
17
700
Kalamazoo Stove & Furniture
Kansas
*103%
101
100
45
24%
110 %
23%
104
103%
103 %
100
3.8%
City
Power
&
100
22%
23%
23%
24%
7,000
52
Kansas City Southern corn—No par
52
600
17%
17%
52
'.17%
52 %
17%
17%
1,700
26%
25%
25 %
*25%
26%
700
4% non-cum preferred
100
Kayser (Julius) & Co
5
Kelsey Hayes Wheel conv class A—1
21
21%
21
21
20%
20%
1,700
46%
46%
46%
467 a
46 %
46 %
45%
24%
*109
45%
24 %
108%
15
15
75
75%
38
37%
99%
*45%
24%
1103%
24%
*45
24%
109
16,80Q
4j5%
800
24%
3,600
109
160
4%
15%
300
Kinney
76%
77%
70
37 %
38 %
36%
37
100%
10C%
100%
101
38%
38%
38%
39
15
6,200
•
>310
1
Copper,,.
conv
(G R) Co common
$5 prior preferred—.
Cumulative preferred 4%
ser__100
49%
50
50
49
50 %
50%
49%
50%
50
50
49%
1,100
50
50
50 %
50%
50%
50%
51
1,700
57s
5%
8,200
Laclede
38 Vs
2,100
1
No par
10
Kresge (S S) Co
Kress (£ H) & Co
Kroger Co (The)—
38 %
,,
22% Feb
17
108% Mar
-
10
No par
——No par
5
16
May 17
47% May 19
13% May 19
20% May 17
26% Feb
8
13% Jan
21% Oct
13
2
39
Apr
22% Jan
Koppers Co Inc common.:
38
4
Oct
41 % May 17
com—.No,par
2nd .preferred—i
100
49 %
Jun
No par
Corp
38
14
103
No par
Steel & Wire Co
Kimberly-Clark
*14%
*76
B
keystone
76 %
15
100%
38%
46
110
Class
Kennecott
49%
38%
10
Lt Co—
preferred
23%
15
100
103
52 Va
*51
76
37%
103%
18%
Oct
40%
Jun
58% July 24
45
Sep
67
Jun
13
15
Deo
26
19%
Sep
34%
Jan
30
Jan
28% Feb
17% Feb
11
11%. Nov
41
Ve
52% Jan
2
Sep
60 %
15
49% Feb
13
32%
Jan
55
16
27% Feb
13
21%
Nov
104% May 19
11% May 20
65 % Jun 17
116% Feb
13
Feb
Apr
May
30% Aug
108% Dec
108%
Dec
20
Feb
7
15%
Feb
29
Jun
85
Jan
6
82
Deo
100
Aug
May 19
38% Oct
16
26%
Oct
46
Jun
95% July 14
34
Jan 16
102% Aug
96
Dec
101
33
Nov
43
Sep
Sep
45% May
62% May
43% Oct
65% May
25
45
■
Jun
3
40% Apr 29
5
39% July 11
59
Feb
4
51% July 15
L
5%
5%
11 »/4
11%
*lli/4
11 %
11'A
11 %
27
27%
11%
11%
11 'A
27'A
27 Va
IIV4
500
26%
27 'A
11
11
26%
27
27
11
Hi/4
271/4
2,200
Lambert
53
53
111/4
*53
11%
53V2
3,000
Lane
*44
45
45 %
26
28
*97
99
27%
*95
*43
5%
44
*26
26%
*97
99
11
5%
5%
111/8
*53
11%
11 %
11%
53V2
53
53V2
45 V2
45
45
28
98
98
*95
11 1/8
97 %
11%
11
111/8
11
11
36%
36%
5,800
36
37
36%
37
3,100
11
36%
5%
5%
57a
5 7/e
2 »/2
5%
2%
2%
2%
2%
2%
2%
*25
36
160
500
28%
5%
36
531/2
45
*26%
11%
*20
45
27%
37 %
*21
*52
5%
27%
*5%
11%
5%
98
*36%
37
53
*25
36
*20
5%
2%
36
5%
2%
*25
2,600
10
6 Vs
2,600
2%
6,000
36
21%
21%
21%
*6%
6%
674
6%
7
*6%
471/2
471%
6%
*6%
7
47%
200
47%
49
49%
*12%
43%
12%
49%
49'A
50
12%
12%
13
13
4,400
13 Va
13%
13
13%
For footnotes
see
page 24.
21%
21%
7
■
21%
21%
21%
22
1,600
900
La
Gas Light Co
Consolid 67c
4
4% May 19
7
pfd—75 Pesos Mex
10% July 30
23% Sep 29
10
May 20
44
(The)_
Co
Bryant common
4%% preferred
Lee Rubber
Lees
&
Tire
No par
No par
—50
5
(Jarrics)
& Sons Co com—^-3
3.85% cumulative preferred
100
Lehigh Coal & Navigation Co
10
Lehigh Portland Cement
25
Lehigh Valley RR
—50
Lehigh Valley Coal com
No par
Non-cumulative preferred
_50
$3 non-cum
1st preferred
50c non-cum 2nd
pfd
Lehman Corp (The)_
Lehn & Fink Prod Corp
14
Feb
3
Jan
9
14% Feb
8%
Sep
9%
11%
Dec
14%
38
Sep
68
8
13%
Nov
20%
102%
Jan 31
Feb
8
52
Dec
May 15
56% Feb
13
49
Sep
2i%Mayl9
30% Feb
101
Apr
Oct
Sep
4
49% Jun
38
97% Jun
19
13
56
Apt
82
Apr
Jan
2
9% May 20
12Vb Feb
13
10%
Nov
17%
30% Jun lo
4% May 17
44% Jan
9
34%
8% Feb
7
6%
Sep
Sep
55% Mdy
17% Jan
1% May 19
—
3% Feb
11
2%
Oct
5%
Jan
64
18 %
Nov
38% May
151/4 Apr
25% Feb
13
9% Feb
11
6%
Oct
1
50% F*,b
10
41 Vs
Oct
65%
5
12
24
6
21%
Oct
33
Aug 18
Jan
49%
—
14% May 19
5% Jun 17
38 Va May 19
No par
No par
Jan
May
Jan
Apr
Jun
May
.Volume 166
THE COMMERCIAL
Number 4639
NEW
LOW
HIGH
AND
Monday
Tuesday
Oct. 11
Oct. 18
Oct. 14
1 per share
1 per share
*
$ per share
the Week
20'A
54%
55%
5 5'A
9'A
&%
9%
9%
9Vt
9%
35
35%
35%
35%
-f.%
36%
*36%
37%
89
89 Va
89%
€0
89
89%
19%
53%
53%
54 Va
55
8%
8%
8%
35%
35%
88%
*179
88%
182 Va
46
20%
20
20 Va
54
152%
182'A
183
46
*44
46
*44
*19%
182 Va
12 Va
12'A
12%
12'/a
12%
12
54
55%
55%
56%
55%
56%
1,200
182
i'
■
t
100
..
12
12%
56'A
64,500
,
3,300
25%
25%
25%
26
26%
26%
27%
27%
28
23
23
23%
22%
22%
22
23'A
23
23
4,100
*93
97
*92
97%
*93
97%
*93
97 Va
*94
15%
10
16%
15%
16%
15'A
16
15%
15%
19%
19%
19%
19%
19%
20%
20%
20%
20%
20%
8
Preferred
Lily ;Tulip Cup Corp
Belt
__No
Co
66%
67
65%
66%
66'A
67%
67
67
67
67%
24
24
24
24'/a
17%
*160%
*160%
24%
162
17%
17%
160%
17%
17%
17%
162
24
160%
24%
18
25
18%
18'/a
*160'A
5,000
24%
24%
18%
*24%
24%
24 Va
24
24%
25
*24%
25%
*24%
44 Va
45
44 Va
45'A
44%
45'A
44%
45'A
29%
28%
29%
29
29%
28%
29 Va
28%
28%
*98
93 Va
98
98
99 Va
99 Va
100
25
26'A
25
26'A
24'A
25%
23%
to
*37
37%
37 Va
37%
*37%.
37%
*37%
22 Va
24
*98
1,300
3,000
17,500
'
18,100
-
Lukens
cum
Corp__:—Nopar
>
i.io
Steel
series
83
Sep
102
July 25
183
Dec
210% Mar
x48
Aug 29
37% Deo
65% Apr
Oct 14
July 14
July 24
43
Oct
66
Jan
23%
Nov
43% Jan
99
Dec
18%
Dec
12%
60%
28%
30%
9
109% Feb
4
Feb
20
97
Jan
Jan
Oct
3
X20
Nov
166
Dec
24% Sep
Feb
7
29% Oct 14
45%
Oct
20%
NOV
07
Deo
Sep
101% Aug 22
26% Oct
14
14
39% Aug
13% May 17
Feb
94
-
17%
29% Jan 31
31
Jan
Aug
45% Jan
Jan
64
53
Apr
May
41
29
21% Jan
172
Jan
120
25% Nov
Feb 13
79% Feb
5
25% Oct
4
23% Sep 22
May 14
17% May 19
10
—_
Aug
8
58Va May 19
12% May 19
40
:100
A_
Co.
2
191
,17% Apr 16
160% Oct 15
100
& Sons Inc com__l
pfd
37%
20
Louisville Gas & Electric A__No'par
& Nashville
—50
4%%
Oct
27
common
(M)
May 27
15 Vs
28%
98% Sep 10
Louisville
Lowenstein
Apr 16
74 Va
Oct
19
preferred:..-—
60
W
Co
16
Nov
10
10% May 17
Lorillard
(P)
39% Oct
96% Jan
Mar
43
3
_100
Long Bell Lumber A——No par
7%
15
May 19
44% May
8
10
___i
___No par
—„.
4,700
•
25%
45
28%
*98
98%
I lie
s
Lone Star Cement
20
*44%
Va
Preferred
2.
1,800
*160V4 il62
162
3,
Lockheed Aircraft Corp.._
Loew
Apr
Feb
59 Va Feb
Oct
6
Apr 14
Aug 25
19% May 17
Liquid Carbonic Corp com...No par
20,000
11
33 %
10%
47
24%
par
—Nopar
Nonpar
Co—i
25
181
•
t per share
21% Nov
78
No par
Lima-Hamilton Corp
$ per share
May 16
29V«
Highest
Lowest
May 17
46% May 21
loo
26,100
r
t per share
17
97%
14%
$ per share
Libby McNeill & Libby..J
j._7
Life Savers Corp..*:—t
:
5
Liggett & Myers Tobacco com__j_25
10,600
*22
Highest
Lerner Stores Corp...—__—No
par
Libbey Owens Ford Glass
No par
Link
Year 1946
Lowest
"
25'/a
Range Since January 1
P&r
T
19
Range lor Previous
YORK STOCK
EXCHANGE
180
46
•
1,400
!
(
55%
12%
54'/a
4,500
16,000
;
90
*45
11%
*53%
1,200
54%
*181
l82J/4
45
45
89%
.
NEW
Shares
$ per share
$ per share
(1591)
RECORD
Sales for
Oct. 17
9%
19%
CHRONICLE
STOCKd
Friday
0*t. 16
20'A
54V4
19%
183
STOCK
Thursday
Oct. 15
19 Va
*43'/a
YORK
FINANCIAL
PRICES
Wednesday
Saturday
I per Share
SALE
&
5
21
32
Sep
140
Deo
Apr
May
Jun
35 -/■
31%
Jan
Aug
32% Jan
197
Feb
72%
43% May
July
108
30%
Jan
M
•37
37%
37%
100
MacAndrews
&
Forbes
*135
54%
54%
56%
56%
58
58
58%
57%
59
8,000
36%
36%
36%
36%
36%
36
36%
36%
36%
2,400
Macy (R H) Co Inc
*108
109 %
109 V2
109%
*108'A
13%
13 %
13%
13%
14
14
14
14
14
2,600
19%
19 %
20'A
20
20
19%
19%
19%
19%
2,000
13%
1,600
com
Mack Trucks Inc
36
*.10
140
*13 %
*
19 '/a
13 %
*430
*135
13%
13%
13%
500
*135
140
*430
110
*108%
13%
13%
500
*430
500
140
*13%
*108%
109
13%
13%
500
*430
140
*135
6%
100
110
500
*430
11%
11 %
11%
COLUMBUS
*247ii
26%
DAY
C»" .03
26%
*25 Va
26%
*24%
26%
4 »/2
4%
4%
4%
4%
4%
4%
4%
4%
22%
22%
24 %
24%
2^ %
24%
24%
7 Va
7%
7%
7%
7%
7%
*14%
14%
14%
14'A
28
27%
28
22 3
4
7
11%
11%
*11 'A
CM
7
11%
11%
12
11%
12
12
24
7 V8
7
*14 %
14%
♦14%
27 «/2
27%
27'/a
106
11%
106
14%
14'/a
14%
28
27%
28
164 Va
104%
12
27%
104 Va
12
___
Marathon
15,600
'
-
280
6,100
r
105%
18 Vs
19%
19
19%
18%
19 %
17%
18%
22%
23%
23 %
23%
22%
23 Va
22%
23%
•
,
20,000
,
2,700
53
52
52%
5234
52%
52 %
53 Va
54
54%
3,200
23%
24
24%
24 Va
24%
24%
24 %
24%
24%
4,500
Oil
St
4 %
1
preferred
(Glenn
32'/a
32%
186'/a
42%
42%
42%
42%
42%
43
98
96
96%
95%
96%
95
96
*95
96
130
Dept Stores
$3.75 preferred
96%
96 Va
95 Va
96%
95
96
95
95
95
96
720
$3.75
*92%
93%
*92 %
93%
92 %
10%
10%
10%
16%
16%
92 %
11 Va
*96%
*45
46%
*45
40 Va
32%
32%
43%
93%
*91
11
11%
11
44%
2,800
,
3,300
4,000
44
100
Va
111 %
*111'/a
113%
42%
42%
*42%
43%
43 Va
43'/a
43%
43%
43%
43%
28
27
27%
27%
28 Va
*102%
27%
113
*110
113
*110
27%
2 V Vo
*102%
103
102 Va
102 '/a
102 Va
102 Va
*42%
43
43
44
44 %
44%
45'A
45%
*26%
27%
26%
26%
27 %
28
28
28
27
27%
53 Va
102 %
54
*36
53%
54
36%
36%
102
102%
102
36 3 i
101
101
20%
20 %
20 %
*25%
25%
*25 %
22'/a
20%
26
22%
*22%
*93%
94 Va
*93 Va
94%
*48
49
48%
48%
22%
23%
23%
23%
24
18%
19
19 Va
19%
59%
59%
*16
*59
*43 Va
44
*49
101
*41%
106%
51%
100 «/a
54
53%
36 Va
36 'A
101
21
26%
22%
94 %
94 %
49
*48
91> Va
94 Va
49
X23%
23%
23'A
23%
19%
19 Va
19%
64%
17 Va
16 Va
*43 Va
60 Va
16%
17%
43%
*61
19%
60 Va
*43 Va
43%
I per share
16'A
16 %
*60%
64 %
100
17 1/8
3,900
*43'/a
Metropolitan
SALE
$
per
16%
Thursday
Oct. 16
share
17%
$ per share
16 %
17
Friday
Sales for
Oct. 17
the Week
16 %
17%
45 "a
46'A
45%
46%
46
46 5
40
40 %
41%
40 %
40%
41
*139
140%
140%
140 V2
140%
140%
140%
14%
14%
14%
14%
14%
11,000
12,600
41
*9%
10
60 %
60%
106 %
*105
*105
9%
101/4
10 Va
10%
10%
10'A
63'A
61%
62%
61%
62 %
1,700
106 %
105%
105%
200
*105
64
64%
64
64%
64
64 V2
2,200
14%
13%
14%
13%
14 Va
13%
13%
11,400
5 Va
17%
DAY
49 7
a
.
18%
18 Va
18%
18%
37%
37%
39
40
40 Va
10%
10%
10%
11
11
29
*28
29
62
62
63
28 «/a
28 Va
61%
61%
*28
61%
*123 %
125
58
58 %
34%
58%
34%
33 %
125
59'A
34%
*68
69
*68
69
*25%
26
*25%
26
13
125
58%
33
*66 Va
*25%
40%
11%
125
59%
34 Va
68
26
18
40
11%
*28
61%
*124
58%
33
*65%
25%
13
13
13%
13
13%
24'A
24%
24%
24%
25 Va
21%
22
21%
22%
22%
22%
24%
*22 Va
21
21 Va
21 'A
21%
21 Via
21%
20%
*24
23%
*106
23%
23%
106%
*106
245/8
24
24%
106%
*106
106%
13
24%
*106
12%
12%
13
13
13
13
35%
35%
36
36%
36%
37%
36%
110 %
110%
*109 V8
*110%
111
*110%
112
13%
13%
13%
14
40
40
40
40
53
53
53
*52%
.
Mo-Kan-Texas
5 V8
14
*40%
54
*13
5%
18 7
8
5
Jun
23
5
May 20
May 19
97% Jan
3
357/s May 21
105
Jan
6
10
—No par
vtc
Regul
No par
3
com
.'—100
No par
1
Impl
com
No par
_
—10
Corp
No par
com
100
—20
preferred series A—
39%
39%
1,200
Mohawk Carpet Mills
11%
11
liV8
5,200
Mojiid Hosiery Co
*28
29 Va
30
62 %
125
59%
33%
61'A
124
58%
32%
200
9,300
62%
124
59
33
67 Va
*64
25%
25%
300
10,600
7,600
Monarch
200
Machine
$3.25
1.25
Inc
Tool—_—No par
Chemical Co
Monsanto
.5
com.-
preferred series A
Montgomery
Ward
cum
com
13
13
13
1,500
Motorola
24%
24 Va
24%
4,500
Motor
Products
22%
22%
22%
1,500
Motor
20%
21
2,700
Mueller
20,700
j...No par
25 Va
*106
25%
106 %
13 Va
13%
13 Va
37 Va
37
37%
110
*109V8
110
___
800
2,100
30
14
13%
14 Va
7,100
42
*41%
42 Va
200
54
*54
56
*54
56
300
preferred..
Jun
Nov
31% Feb
8
22
Oct
36
Apr
Jun
18%
Sep
30%
Apr
23% July 14
105% Feb
11
Feb
5
43 Vs
Sep
Oct
108% Mar
35%
107% Aug
Oct
50
103
57'A Aug
25% Jan
7
20 V*
26%
NOV
24% Jan
6
18
Oct
35 Va
Feb
8
61
Nov
105 Vs
Jun
Jun
28
18%
Deo
36%
3
65% Jan
10
64
Sep
3
97
Deo
47% Jan
30
111% Aug 18
39%
104
32% July
62%
Sep
47% Jan
103% Mar
Apr
Oct
77
May
110% July
61% Jun
Nor
113%
Apr
Nov
6
140
Oct
7
May
May
Apr
May
27
29
16
19
104
Jan 13
28% Mar 11
3%
11%
32%
8
May 19
May 19
May 19
May 19
23 % Sep
8
49%:May 17
110% May 16
49
May 19
20%
Jan
3
52% May 19
May 16
24
14% May 19
103% May 26
10
May 29
35
Apr 14
108
Mar 26
9"% May 17
37% Jan
2
50% Jun 10
1
100
-
Myers (F E) & Bros..
—50
—No par
62 Va
32
1
5
45% May
4
17% May 19
—.
Feb
17
Jun 18
May 19
May 19
156
Mar
10% Nov
14% Oct
15
14% Feb
24
66% Jan
7
25
105%
Dec
29
40%
Apr
8%
Oct
114% Feb
68
Sep
9%
45
14% Oct
8
Oct
14
100
55
Oct
17
28
8
Feb
3
123
Feb
Oct
46% Oct
136%
10%
6%
47%
103%
51%
share
18%
10%
31%
42 % Feb
Apr
Highest
$ per
5
18 % Mar
30
33
9% May 19
No par
.
preferred...
Year 1946
Lowest
$ per share
share
29"% May 19
17
May 19
19% May 19
Murray Corp of America com——10
4%
12% May 19
1
Munsingwear Inc—
Murphy Co (G C) common
4%%
Jan
66%
20
$ per
3
—
Corp..•
Corp.:——
Brass Co
Mfg Co class B
preferred.—
—
$7
69
Sep
39% Nov
21
Highest
share
-.5
Mullins
25%
106'/a
Inc
Apr
48% Apr
25% Feb
$ per
No par
Wheel
21
10
.50
preferred-
(John) & Co..
Morrell
No par
Nopar
Co:.
&
Lines
Moore-McCormack
$2.50
66
*25
•
*41
13%
7%
44
Range Since January I
100
40 Va
41
14'/a
44
8
,
46 % May
Deo
Lowest
Ry
A
RR
122
Range for Previous
$6.50 preferred
22,000
12,100
51/4
18%
Nopar
STOCK
Power
Mission
5'/a
17%
Moline
May
102
41
Mar 21
43%May 19
pfd.100
Minn Min & Mfg
Minn
Apr
43
6
19% Jan
—.1
pfd series A
conv
230
53%
5%
3.20%
55,700
50 V8
5 Va
88% Jun
16
com.——No par
M
71
Oct
20
13% May 20
pfd
SS
&
Sep
25
Jan
55% May 17
•
St Louis
&
P
55
122%
51%
5%
1st
cum
St
123
122 Va
50%
5%
24% Sep
9
16% May 19
56% Feb
44
No par
3.90%
Prod
54
*121 »/4
52
123
8%
Steel
123
123
123
5 %
17 Va
COLUMBUS
Midland
42
105% Feb
50
Petroleum
Mid-Continent
Minn-Honeywell
10%
65
49%
14
17% May 20
20
5
Minn
13%
122
Oct
^3%
Inc
Miami Copper
Minneap
62
106'A
9
30% May 19
101
1
Par
120
10%
106 %
46% May
<
73
common..
YORK
8,100
64%
491,4
...
EXCHANGE
14%
1,900
106%
NEW
140%
13%
13%
*122 %
14
2,100
65
*64%
*121%
*140%
a
62
61
1
100
Shares
$ per share
118
23% Sep
STOCKS
15
Mar
Jun
45 Vs
102'A Deo
30
Sep
18
21
Jun
May
Sep
111
1
10
preferred
PRICES
Wednesday
4
7
—50
Edison
Jan
17
55
16
.
Transp Co
Inc
50
113
Jan
4
48% Jan 2a
Oct
Feb
:
Mesta Machine Co.,
45%
14
Co
220
106%
38 %
140%
Min
&
$3.50 cum
6
Not
97
Dec
9%
32
No.par
Co
500
106%
44
'j
&
Merck
Jun
May
70
112% May
93%
May 17
preferred—i
Stores
204% Nov
Deo
24
1
43
*42
39 %
14 '/a
Mercantile
Jan
45% NOV
103
45% Oct
common
99
44
14%
1st
conv
Merch
43%
*38
44
5%
195 >•!
33% Feb
Corp
(The)
900
Oct
16%
Mengel Co
300
42%
per
Melville Shoe
2,600
■
19%
Jan 23
107% Feb
preferred
5,300
23%
19 Va
17
2nd
38% May
Mar 14
preferred..
4%%
4%
50
106%
$
800
97%
42%
share
23
50
49
Jan 10
Sep
May 22
com
common
50
Oct. 14
$ per share
94Va
Corp
97%
106 Va
HIGH
94 %
*47%
Mead
Apr
24%
May 26
Mc-Quay Norris Mfg CO—
22%
50%
43
AND
3,100
26
Va
22
Jun
75
25 % Aug 18
35
5
Inc
Stores' Co...
McLellan
1,700
-
30%
48
Oct
Sep
24
No par
99
107
Tuesday
21%
Robbins
preferred. J.
50%
42 %
LOW
McKesfcon
400
&
Sep
12%
100
McIhtjiJie Porcupine Mines
1,500
98%
99
*106'%
Oct. 13
2,100
36%
52
43
Monday
11
54%
Co.:
Pub
Sep
31
No par
36%
$4
42
108% Mar 20
35% May 19
Jan
Apr
112% Mar
45% Feb
677/s
*109
1
54 Va
*93
7% May 19
Feb
20%
6
Sep 29
63% Jan
2
100
I..1
Co
99
107
Oct
May 19
com
600
Electrics
McGVaw-Hill
15
95
preferred—
conv
52
42%
Saturday
3%%
16
91
♦
Stores'Corp
McCrory
Oct
Jan
8
11%
9
Jan
24
49% Feb
8
106
Feb 25
100% Aug 25
97Va Mar 11'
12
Feb
8
96
Nopar
McGraw
30% Nov
33
190
par
Corp
Deo
11V* Oct
39% May 19
No par
pfd—
34
16%
Sep
"7%
1
24% May 27
Mar 12
1-st
28'/a
*25%
48%
*
70
46% May
111% July
17
185
preferred.
*27%
21%
22%
2,900
103
Oct
May 17
14% May 19
39% May 17
18% July 23
$6
McCall
Nov
3%
15
Oct
3
34% Feb 13
Nopar
1,900
21%
22%
900
26
8% Feb
14
j.—Nopar
common
cum
26V*
May 19
103
$3
■-
Oct
27% Feb 17
22% May 19
No par
pfd
cum
Jun
Oct
19% May 28
6% May 20
__5
44V4
26%
*25
22%
>
36%
100%
21%
21%
*25%
54
36%
*98
106 %
43
16%
44
50%
*99
106 %
Oct.
16%
*43 V8
51
*99
63
16%
16%
53 %
101
x44
;
10
113
*110
$3.40
Maytag Co
8%
12 Va
4
10O
common
pfd 1947 series.-No
cum
2
18
620
10
Nopar
com
preferred—
May
40
11
111 1/4
7%
12% Jan
14% Feb
May 17
9
Aug
Apr
Jan
626
17
5% Feb
1
Mathieson Alkali Wks
10
43%
93%
*43%
44'A
32%
186
*182
*91
46%
*44 %
33
186
*182
13% Dec
1
Jun
32% Feb
—1
Co
Co
186 Va
33
*17%
Sep
4
100
L)
33
186
111%
Sep
14
Martin-Parry Corp—.—Nopar
Masonite Corp—
Nopar
Master Electric
Oct
12%
16%
3% Jan
_100
May
Apr
Nov
30% May
17% Sep
106%
24% Sep
com..;—No par
65
6
18% Aug
455
17
9% May 19
—5
pfd
prior
& €0
188
32%
6
Jun
,
76% Jan
Nov
1
15% Feb
21% Mar
1
Corp____
6%
Ry
Jun
7
Mar 28
Oct
37%
Oct 17
5
*32%
*182
455
6.25
Market
111
12% May 13
—50
Corp
Marshall Field
20
11% May 19
16% Apr 14
„.1
Exploration
Midland
Martin
107% Jun
—10
Nopar
*186%
42%
.100
Nopar
Co
Marine
210
104%
105 Va
18 %
23%
*42'/b
59
42% May
160
38%
41% Jan
Shirt
Maracaibo
4,500
25
17%
23%
Manhattan
Apr
30% May 19
A__
Bros—:
2,800
4%
23%
*52
Sugar
152
41% May 19
„—
Mandel
26 Va
103
series
Manati
12
104 %
pfd
13
Nopar
Square Garden
Magma Copper.:
Magnavox Co (The)
7,700
11%
*25
4%%
Mar 12
Jan
No.par
com
Madison
700
11%
11%
140
preferred
Mahoning Coal RR Co
11 %
34
100
140
54 %
*135
5%
173
14%
Jan
July
Deo
Oct
26% Mar
Oct
68'A
Apr
119% July
60
Deo
18% May
Sep
129
Mar
Sep
44
May
Oct
17%
Jan
25% Feb
7
19
Oct
62
Jan
51V2 Jan
2
42
Deo
70
Apr
137/a Feb
14
11%
Deo
23% July
Feb
17
45
Apr
Deo
28 %
Deo
63% Feb
3
43%
Sep
128 Va Feb
4
111%
Sep
135 Va
104 % May
32
64% Feb
8
34% Oct
11
G7
Oct
9
26 V2 July
64
Jun
57%
Deo
20
Nov
30%
Apr
50%
Sep
62
Jan
15%
Oct
34 %
19
Oct
36
1
13% July 14
25>/a Oct
15
27% Feb
3
25
25% Oct
17
107Va Mar 14
15 Va Feb
10
40% Feb
10
112
Jan
May
Mar 28
14% Sep
22%
Oct
109%
102
13% Sep
32% Oct
108%
Jun
9%
Oct
Jun
Feb
27% Aug
49
114%
May
Jan
Jan
Jan
29
15 Va Feb
11
44% Feb
13
33% Nov
66
29
50
Deo
19% Feb
29% Feb
13
Oct
25%
Jan
23
Oct
52 %
Jan
30
27
Sep
41% May
Jan
22
55%
Feb
70
Jun
N
17%
17%
17%
18 Va
17%
18%
*20%
21'A
*20%
21%
21 Va
21%
27%
17%
17%
17%
17%
22,700
*21%
21%
21%
21%
250
Nash-Kelvinator
Nashville
Chatt
5
Corp
St
&
Louis
28
28%
28
1,100
National
Acme
12%
12%
13 Vu
13
13%
13%
131/4
12%
12%
4,400
National
Airlines
11 Va
11%
11%
12
12 Va
12%
12
12 %
12
12
11,000
National
Automotive
13%
14
14
14%
14%
14%
14
14'/4
*13%
14
2,800
National
Aviation
32i%
32%
32%
900
32
31%
31%
11,000
3 2'A
27%
32%
31
32'A
31'A
175
31'A
179
*177
32%
32
179
32 %
31%
179
28%
32%
32'A
179
28%
X32 %
31%
5175
179%
*24
24%
24%
100
Nat
10%
IOV2
6.900
National
Can
40
40%
3,800
National
Cash
9%
2,300
Nat
15%
32,600
24%
24%
10%
10 %
10%
10%
10%
39%
39%
39%
39%
40%
40%
40%
40%
*9%
9%
9%
9%
9%
9%
9%
9%
9%
15 Va
15%
15%
15%
151%
For
14%
footnotes
14%
see
page 24.
15 Va
—1
Fibres
Corp..
Biscuit Co
1,200
24 Va
10 Va
14%
National
241/2
24
1.0 %
Co
National Battery Co
179%
*177
24
9%
*23%
28%
7%
common
&
Share
Corp
5
4
—10
Nopar
10
Corp
Register.—No par
_i—1
City Lines Inc
National
Inc...1
100
preferred
Bond
19
1
28'/a
*12%
27%
14
.100
Container
(new%
.1
21
May 19
May 24
May 19
11
Aug 25
9% May 19
10% May 19
24
Jan 13
27
Jan 13
177
21%
8%
33
Oct
Jun
10
10
May 19
May 19
8% Jun 16
13% Aug
4
Jan
14% Nov
16% Jan
14
Feb
13%
417/a
14%
15%
Feb
Apr
Jan
Oct
34%
Jan
10
31% July 18
32% July 28
34% Feb 15
187
Jun 27
26% Feb 13
7
Sep
20% May
13%
Dec
28%
Jan
34%
Apr
20%
25'/a
180
Oct
Oct
37% May
Nov
205 'A
Apr
Oct
32%
9% Nov
21%
Apr
Feb
Jan
22%
2
31
Nov
45 %
7
13
Oct
24% Aug
'
15
20
(1592)
THE
COMMERCIAL
NEW
LOW
AND
HIGH
Saturday
Monday
Tuesday
Oct. 11
Oct. 18
Oct. 14
* per share
•
SALE
*141/4
$ per
share
15
30%
14%
30%
the Week
143/4
303/4
30%
$ per share
15%
303/4
143/4
l43/4
18%
18%
18%
19%
19%
31%
193/4
303/4
I8V4
19%
193/4
-21%
22'/a
22%
223/a
22%
223/a
22%
223/8
43%
43%
National Cylinder
17,100
400
21%
*103%
*421/2
213/4
211/4
22%
103%
103%
103%
: *32
32%
*182
184%
*151%
151
7%
19%
213/4
22 »/8
21,300
*103%
103%
80
34
34%
34%
88
4,900
National
183
184
*181
182
40
7%
152
152
152
*151
153
100
73/4
7%
73/,
73/4
21%
21%
21%
21%
20
21 %
5,100
Nat
1%
1 %
1
1 %
6,800
Natl
91%
6,200
National
200
f
1%
1
893/4
89%
90%
90%
91
25%
*241/4
*24%
25%
243/4
25%
73/4
7%
90%
*24%
1,100
25
Mai
&
21
15
Jan
3
30
20% Jan
6
Sep
15% Nov
34%
Jun
17% May l9
23% Oct
3
19% Nov
32%
Aug
67%
Jan
common
&
183
Corp
1
12%
19%
19%
20
20
20%
19%
20%
19%
203/4
95
95
94%
95%
94%
95%
95%
96
320
26
26
26
26
263/a
2b %
26%
26%
143/8
26%
800
14%
14%
143/4
15
*143/8
14%
*143/8
14%
123/8
1,300
12%
12%
12
12%
12%
12%
12%
12%
1,600
rmtomas
20
20
20%
20%
20%
20%
20%
*20%
20%
1,700
Nehi
173/a
*165/8
163/4
16%
900
14
*12%
20
16%
*106
16%
16%
107
17
107
106
*17
*106
107
17
*106
107
29%
29%
29%
30
30
29%
30
*103'A
104 a/4
-102%
104
*102%
104
104
*103
105
*102%
105
*103
105
40
40
39%
105
39%
29%
-29%
*95
39%
29
97
30
29%
*95
*95
105
40
29%
29%
97
105
403/B
40%
30
97
30%
*95
97
*29s/a
102%
*105
43/4%
30
1,300
102 %
80
40 3/4
29%
4,000
293/4
6,300
97
*95
25
25
24%
243/4
24%
25%
*42
243/s
25%
44
43
43
44
45
45
45
14%
145/a
15%
15%
15%
15%
35
15%
15%
155/a
34%
34%
35%
36
35
35%
35%
37
34
34
343/4
343/4
14%
*33%
*33
35
119
119
*13
13%
*20
22%
*51
54
120%
*230
13%
DAY
122
193/4
101%
15
14%
96
49%
*47%
500
100
New
100
$5
255
*230
255
255
255
20
19
13,600
101
150
N
183/4
14%
143/4
19
*100%
101
143/4
18%
101
143/4
14%
14%
800
96
96
96
250
York
Y &
493/a
49%
39
*94%
39
200
24%
37%
25
25
25%
800
393/4
40
39%
393/4
900
Y
S
61
30
23%
24%
24%
24%
24%
25%
26 100
North
9%
10%
10'/8
10%
10
10%
9%
10 '/a
13,800
91
89
89
88
90
91
*88
29%
29 %
29%
29%
88 %
90
29%
29%
30
1,100
20%
205/s
215/8
21%
21%
20%
21%
21%
21%
96
94
95
93
94
93
93%
93
95
15%
15%
16
15%
16
153/4
15%
15%
153/4
8,600
25%
25
25%
25
25
8,100
39
39
39
38%
38%
25%
25
25%
*37%
38%
38%
383/4
38%
7%
7%
7%
7%
8%
13
x25
12 34
8'A
12%
340
150
Hart
29% Jan 24
21%
Oct
42% May
24% May
Feb
22
Sep
J3 g
100
105
29
Feb
18y, Feb
13
107
28% Aue 26
38
*
xl
104
10
Deo
Dec
109 % Aug
25% Nov
43 % May
Mar 11
103% Nov
110% May
Feb
108 Ya Jan
7
42% July 14
32% Feb
7
24% Mav 21
16%
13
July 25
106
Jmf 27
35% Mav 20
com
100
104
Deo
106
Oct
113?
30%
Oct
50
Apr
27
Sep
45
Jun
^
32
&
109%
Jun
NOV
34%
Apr
36%
Oct
69%
Jan
3
13%
Oct
35%
Jan
26
Sep
61% May
37% July 3
363/4 Oct 17
2fi
79
Sep
11 Va Mav J 9
20% Feb
4
16%
Deo
37%
19
Apr
26
1
No par
Aug
21%
Oct
53
Mav 23
5
63 %
Oct
250
MaJ 20
62% Jan
41% May
76
May
100
Mav 19
124
19
290
17
Feb
20
1
107
18
Oct
100
96
5
Oct
2
34
Mar
J
16
3
25
new
American Aviation
Northern Central Ry Co
Northern Natural Gas Co
Northern Pacific Ry
Northern States Pwr Co
Cum pfd $3.60 series
573/4 Sep
29
25
293/4 Oct
9
Sep
17
10
preferred
American Co
22% Oct
10
33% Jan
6% May 16
10% Feb
17
1
87% Sep
28% Sep
20
new
Northwestern
8
Norwalk
Tire
&
*12%
13
700
Norwich
Pharmacal
325
102
Deo
113 % Mar
11% Nov
28%
Feb
31%
Oct
53
Jan
41%
Sep
72% May
8
115% Jan
30
Oct
4
23%
Oct
9%
Deo
ill
Jan
39%
Apr
16%
117
Feb
May
11
17
22% Feb
7
16%
Oct
93
Oct
15
102% Feb
17
96%
Deo
11
No par
Telegraph
1,600
Jun
Aug 20
22% Apr
25% Oct
2
45% Jan
2
13% Feb
11
xl8% Feb
•
Jan
36
(Minn)—
Northwest Airlines Inc common__10
4.6% cumulative preferred
25
7%
63% Sep
30 %
19
13% May 19
100
Feb
275
7
50
Feb
17
53 % Jan
2
Ry—
common
1
Sep 25
51% Sep
25% Oct
16
Oct
Jun
100 % Aug 19
32% May 19
24% Oct.
4
135*
17
10% May 21
101
3
25% Sep
y °
18% Oct
Sep
Corp—
Industries
Western
Oct
18%
80
A—
Gas
95%
6
10
Feb
No par
No par
2.50
New
Sen
3
25 % Oct
102
18"% May 19
RR Co—
series
12%
12%
106% Mar
Jan
_.?J
8%
*8
13
24,600
Jan
Nov
100
Adjustment
90%
29%
29%
%
4.800
Apr
25
Nov
15
North
9%
59%
2934
38
Dec
11 %
89
32%
cumulative preferred
Norfolk
60%
59 %
25%
Oct
New
*29%
*29%
4
100
18%
Nopco Chemical Co
60%
9%
*12%
&
5%
Noblitt-Sparks
23 3/4
60%
17
101 % July
17
v
$3.75
29%
2934
10
Oct
Sep
Sep
24% Feb
STSLf £ight 3,90 % Pfd-100
£ Y, ^ipbldg Corp partic slock—1
N Y State Elec
23%
60
Sep
1% Aug
75
2234 Feb
preferred
New Hav
593/4
*29%
28% Jan
20%
MavlJ
Feb
2%
2
8
Aug
18% Mav 19
No par
common
&
96
1% Jan
Apr
10%
41%
Sep
Harlem RR Co
Preferred
*29%
23
15%
Dock
non-cum
29%
227/8
25
135/8
22%
55
19%
173
6%
Nov
distributed
*50
—
37%
when
*133/8
101
Oct
NOV
20% Oct
10%
„i
Co
*22%
60%
*29%
20%
Common
Louis
13%
*95
493/8
--
37
& St
22%
183/4
14%
96
Y Chic
55
101
X149
7
31
July
14%
67o
N
19%
96
*94
N
*22
*245
28
Jan
91% Feb
£1
*50
13%
207
46% Feb
400
1.400
Dec
13
Mr*
Newp^t
135/8
255
*14%
*29
36%
122 %
178
Jan
Jun
10
i0o
55
'240
*95
*89
36%
15
8% Apr
40,200
122%
Apr
13% Jun
preferred
22%
*51
101%
C0%
122%
40%
28
ft E1
New Jersey Pr & Lt Co
4% pfd-100
Newmont Mining
Corp
jq
Newport Industries common
1
300
3,000
Sep
3
preferred
common
22%
22%
54
19%
36%
121%
5,000
27
11% jan
common
serial
preferred series A
N Y
City Omnibus Corp
54
101 %
*47%
122
36
25%
45
I^c
*13%
133/s
*19%
COLUMBUS
255
19%
*100
121%
*34%
25
*44
Jan
9
173/b Feb
conv
3%%
33%
108%
No par
_i
Newberry Co (J J)
60
106
40 5/8
Oct
Oct
no par
Co
Corp
Neisner Bros
107
*106
16%
102%
1R
21% Mav 17
»S, M::::::::—To
2
190% Sep
AuI fS
M"v 2R
1
31% Nov
Apr
15
167
743/.
Steel
Aug
45%
35% Jan
163A Mav 2n
Sugar Ref Co——No par
Natl Supply (The) Pa com
_io
17
23
Oct
Feb
107
m
jan
ga/.
No par
Lt
ex-dist—No par
Corp
25
95%
20,400
Oct
i?o
100
Co
43% Oct
25% Jan
Mar 97
253A Mav 9f»
100
Cast
38
30% May 26
14% May 19
103
10
A
Stl
Power
191/4
*25%
-
173/a Feb
143% May 49
National
1
Highest
$ per share
13% May 16
27% May 19
No par
preferred B_
National Linen Service
share
5
6%
preferred
95%
v
Co
S per
No par
Stamping
Lead
Sper share
Lowest
No par
■
7%
88
25%
l
par
184%
151%
Co
Highest
$ per share
National Gypsum Co corn.
„1
$4.50 conv preferred—_—No
21%
l'/e
: *241/4
22%
103%
343/a
Nat Enam &
1
73/4
20
1%
*87%
213/4
34
Gas
Year 1946
Lowest
National Dairy Products
National Dept Stores
National Distillers Prod
20
*
■V
11183
423/4
31 %
103%
103
333/4
184%
150
152%
*73/,
184%
423/4
223/4
21%
103
33%
32
44
*42%
45%
Range Since January 1
Par
6,800
11,100
21%
44%
Range for Previous
STOCK
EXCHANGE
1,800
21%
*42%
*
NEW YORK
Shares
17%
:
RECORD
Sales for
Oct. 17
$ per share
15
14%
Monday, October 20, 194?
STOCKS
Friday
Oct. 16
$ per share
30%
301/4
STOCK
Thursday
Oct. 15
14%
YORK
CHRONICLE
PRICES
Wednesday
I per share
& FINANCIAL
19% Aug 20
50
Rubber
No par
Co
Jun
33
12
6% May 16
12% Oct
2
8
31% Apr
15
100
103% Oct
2.5o
104%
Nov
18%
Nov
56%
Jan
44
Oct
55%
Jan
9
Nov
19% May
Deo
25
30% Sep
Jun
112
6
16%
May
O
*33%
105
25%
*20
26
34%
343/4
105
105
253/8
20%
*100%
35%
*3334
34%
106%
26%
1053/4
105%
105%
26 3/8
273/B
26 7/s
27%
193/4
19 7/8
193/8
20
900
102
8%
26
7,400
19%
26%
20
26%
lb2
8%
103
26
203/a
26 %
102
8%
34%
1055/8
26
19%
26 %
*101%
34%
105%
25%
26%
101 %
25 3/8
200
106
26%
253/8
102
102%
102%
9%
9%
90
15.800
1023/4
9
102
9
9
34
34
9%
9'A
170
3,000
100%
100%
*99%
*16%
17%
*16%
16%
16%
16%
17%
17%
29%
17%
29%
17%
29%
30%
303/a
31
303/8
31
30%
31
5,300
151
70
22
500
*156
158
*22
153 %
156
22%
71%
22
87 %
*85
*85
87%
71%
71
*151
71%
22
Saturday
Monday
Oct. 11
$ per
share
AND
Tuesday
Oct. 13
$
per
share
HIGH
22%
Oct. 14
S
per
share
22%
,
102
150%
*85
71%
150%
22
87%
71
SALE
*100
154%
*85
,
.
LOW
102
71
22
87%
72
*100
151
22
*83%
71%
102
10
300
87%
Ohio Edison
4.40%
Ohio
4,700
Co
No par
21
Oklohoma Gas & Elec 4%
pfd—20
Oliver Corp common
No par
4%% convertible preferred
100
Omnibus
8%
Corp
(The)
convertible
common
preferred
Otis
Elevator
6%
&
Mfg
PRICES
Thursday
Oct. 15
Oct. 16
$ per share
$ per
Friday
Sales for
Oct. 17
the Week
$ per share
NEW
YORK
108%
19%
Feb
21
Sep
22
July 23
26% Oct
11
107
7
15
Feb 17
18% NOV
99'A
6
xll3
Sep
30
28% Feb
18
25
Deo
33% Feb
18
26
Oct
158
Sep
150% Oct
118
37%
Nov
Jan
29% July
22% Jun
36
Jun
xll9%
Jan
17"%
Jan
10% Nov
Feb
120
51% May
39% Feb
16
163% Jan
18
19% May 15
28% Feb
8
19%
Deo
180 % May
35
Jun
84
Aug 28 7
70% July 11
2.50
93
Jan
4
86% Oct
111% May
80
July 25
€9% NOV
100
v.
12.50
"
STOCK
Year 1946
Lowest
Highest
t per share
Par
Apr
Range for Previous
Range Since January 1
EXCHANGE
Shares
Oct
Feb
7
STOCKS
Wednesday
I
18
4
May
24
-w-No par>;„
Owens-Illinois Olass Co
Jan
273/8 July 14
13% Feb
15% Sep
No par
—
38
111 % Feb
3
14
May 19
86
100
Marine
Co
Jun
7% May
A__100
preferred
Outboard
97
10
common
Apr
19% Jun
9
17% May 17
6
Oppenheim Collins
Outlet
72
Co common
preferred
Oil
$ per share
Lowest
$ per share
Highest
S per share
P
15
*14
73
42
15
15%
14%
15%
15%
153/4
14V2
15
15
73
73
73
*73
43
42%
43
42
*155/8
43
74%
39%
39 %
39%
40
39%
56 %
563/4
56%
553/4
36%
37
*98
99
98 %
*154
155
151%
*4%
51%
43/4
COLUMBUS
*14%
16
DAY
51%
105 %
7%
29%
7%
9%
7%
19
4%
4%
56%
58%
20,500
53/8
5%
53/s
128,900
10%
10%
10%
10%
10%
19,500
*143/4
15%
15%
15%
*15%
15%
100
53 3/8
3,800
*14%
51%
42%
*105
7%
109
22%
43
293/e
8
8%
8%
9%
*33%
42%
43%
43%
43%
8 '/a
8%
8%
8%
15%
15%
19
15%
10
19
18%
17%
17%
46%
*453/4
116%
116%
-,*49%
503/4
*503/4
92%
92%
92 %
13
29%
110
19%
18%
46
116%
10 %
34
109
23%
23%
*42
52
104
7%
74%
-105
23%
42 3/a
363/8
29%
29%
29%
8%
8 5/s
8%
10%
9%
*33%
93/4
600
31
*28%
31
110
*1083/8
110
93%
*92
*1-2%
93%
*92
46
'
93%
13
13
13
13
13
29%
12%
293/4
13%
29%
30%
29'/8
31%
32
29%
29%
29%
32%
32%
*31%
32%
32%
32%
*105
106
105
105
105
105
-105
10%
10%
103/e
10%
17%
17
17%
163/4
49
50%
17%
16%
16%
50
50%
50%
51%
50%
51%
43
44
43%
44%
43 3%
44
43%
42%
43
54
54
533/4
101%
footnotes
102
see
page 24.
54%
102
*53%
101%
103/4
533/4
102
10%
/53%
101
10%
.
53%
101
10%
107
400
,
Glass Sand Corp
24,300
400
30
Penn
Peoria & Eastern Ry
16 3/a
16%
1,700
Pfeiffer
51%
3,000
433/8
18,300
533/4
54
100%
620
90
Pfizer
Oct
12%
Feb
14% Feb
21
11%
Dee
27
Jan
13
Oct
20%
Apr
37% Jan
56%
Apr
16
18
July 18
109
17
Mar 24
9% Feb
7
79% Feb IB
109
July
8
18% Nov
100
Deo
4% Deo
56
•
105%
Sep
2
63% Jan
4
4% Jan
6
3%
Sep
Jan
52
43
9
35%
34% Feb 21
26 '•>
?% Sen'24
8%. May 19
32'A Sep 11
38% May 27
6% July;
Apr
1
15
Jan
14 %
Feb 11
15% Mar 31
38
Oct
Apr
14%
Jan
Apr
May
82
32% Jan
Apr
90%
27% Oct
i Nov
9
;
111
110
.8
Sep
34%
Oct
21AMay,17
39% July
7%
Apr
Jan
48% May
•35% Aug
12
Oct
22%
11%
Deo
'24%
Jan
40% Nov
57%
45%
Jun
Jun
Apr
7
48% Feb
11
15% Jan
16
Oct
15
6% Oct
16%
Feb
24% Feb 27
17% Sep
28% Feb
30%
Jan
4
36
Apr
16
117
Jan
29
18% May 17
22
Jan
6
28% Feb
3
May 13
51% Jan
6
29
118% Sep
12%
Deo
Jan U
2
50
17% Oct
10
38
100
115
^—5
com
47
100
_100
33 %c
6
100
Brewing Co
105
No par
(Chas) & Co Inc
1
25
50
—No par
5
May. 19
243A Jan
23
_5
Sep
2
May 19
81% Jun,
No par
Corp of America
preferred—
Sep
Oct
5%
29
Sep 25
107% May 20
Phelps-Dodge Corp—
,
Philadelphia Co 67o preferred
$6
.
10
5
17
13
_1Q0
2nd preferred
50%
13
13
7% Feb
No par
Co
4%%
Petroleum
Feb
Deo
Jun
58% Oct
com—No par
Co common
1,600
7
181% July
11 % Feb
13% May 19
Pepsi-Cola Co—
Pet Milk
Apr
164
Sep 24
5% Jan 13
7
Jun
8
.—7
Power &
10%
100%
_10
Co
(Chic)
9U0
117
291/8
Corp^—___1
Coke Corp_„
Cement
Peoples G L & Coke
28,600
51%
__No par
Penn-Central Airlines
Coal &
No par.
r.—
Jun
Feb
28-,'A May 20
.
48
Mar
168
16
34% M*y: 7
•
Transportation-—No par
5
67 %
Oct
58% Jun
37
Co_i————No par
1
2.50
300
18%
51%
&
Inc—
18
453/4
Davis
47%
160%
20% Sep
.
Parker Rust Proof Go J
Peoples Drug Stores
18%
117
;1
_i
400
18
51%
Inc___
Oct
54% Sep
28% Oct
122% Oct
53% Oct
107
Consolidated Mines—1
400
18%
1163/4
Utah
preferred—--^
Light Co
Pennsylvania RR—
Pennsylvania Salt Mfg Co
3%s series A preferred.
18'
51%
Pictures
:100
-5%
16.300
116%
preferred
Jan
25% July
86 % Mar
2
104
.
-
12% Deo
129% Jan
40y» Jan
5
commqn—No par
Park & Tilford Inc.:
Penn
■
19%
513/4
Paramount
Penn
183/a
1163/4
Inc
convertible
Penn-Dixie
19%
51%
Cos
1,800
18%
93%
Paraffine
2,800
■
19%
116%
Transp
Penney <J C) Co
19%
52
&
62% Jan 11
39% Feb 19
4% Sep
4
9% May 19
13
May 13
:2%
1
Aug 25
3% May 16
10
Panhandle East Pipe L com__No par
4% preferred:.
100
Panhandle Prod & Refining—
1
Penick & Ford-,.
5,600
20
92%
Petrol
5,500
15%
193/4
45%
Airways Corp
800
8%
153/4
48
213/4 jan
10
No par
Patino Mines & Enterprises
19%
45%
American
Pan-American
Corp
Car—1
Parmclee
153/4
46%
Pan
Oil
Motor
1,700
19%
*453/4
Western
Packard
3,500
153/4
*273/4
Pacific Tin Consolidated Corp_____1
Pacific
1
19%
*108%
150
>•
16
110
100
8 3/4
19
*108%
91
93/8
15%
Dec
36%
Apr 10
25% May 19
common__100
Parke
43%
31
Pacific Telep & Teleg
67c preferred
600
8%
24
18
54
No par
2,000
43%
17
43% Jan
Jan
34% Jun
I
8%
46% Oct
3
24
>
43%
3
No par
29%
8%
Nov
non-cum
Mills—
19%
49
preferred
Pacific
Oct
17
2nd
25
10%
Feb
Oct
16
No par
Sep 24
19
Jan
Pacific Gas & Electric
Pacific Lighting Corp
16
80
50
363/8
43%
May 28
9% May 19
No par
Park
34
10
non-cum
3,700
34
*27%
5
10
preferred
1
34
10%
For
31,700
23/4
Inc
common
1st
47c
•
423/a
23/4
31
106
200
233/a
2%
37%
17%
101%
17,600
;
109
43%
•
2%
-
1,900
106
7%
*72'A
37
23/4
34
7%
73
*105
3734,.
29%
7%
19
7
43
29%
52%
106
73
233/4
2%
10
31
51%
'104
73
37%
19
29
6%
*72
52
106
23/4
110
*30
51%
-104
373/i
17%
*105
73/8
72%
109
223/,
18%
*12
16
105%
*108%
-116
460
56%
*27%
*108%
*45
400
5%
33%
8%
*27%
4%
98%
150%
52%
29%
42%
*15%'
4%
98%
150
5%
2%
10
8%
150 %
54%
37%
34
42%
98%
150
3,000
5%
42
2%
34
38
10%
22%
37%
29%
151%
37%
52%
72%
42 %
*2%
151 %
38
900
5%
*105
22%
37%
1,190
5,800
55%
10%
7%
73
42%
46'A
55%
10
51%
109
22 %
230
39
55
98%
4 s/8
*103%
7%
*71
*105
80
44
983/4
53%
74%
38 3/a
98%
4%
Pacific Coast Co
43
37%
43/8
Pacific Amer Fisheries
1,480
5
10
51%
154
1,000
39%
373/,
51%
5
9%
*103%
98%
15%
173/a
43
x55
37%
4'/2
52
5
33
15%
15
38%
56%
36%
15%
743/4
*73
39%
*55%
15%
15%
15
16
May,13
Feb
5
8% May 17
13% Jun
37
9
May 14
36% Apr
14
52% Sep
30
X98% May 28
55
22
Feb
13
S
34% July 25
Jan
4
108% Jun
2
34
11% July 25
18
'37% Aug
Oct
8
62 % Jan
115 %
July
27%
Jan
47%
Feb
43
Jan
66
May
*1!
86% Nov
115
St
51%
51%
Apr
Jan
40%
Jan
Sep
8% Dee
43% Mar
109
14%
Apr
2
35%
Jan
80
44% July 28
29%
Sep
X48
59
Mar 20
5
•
Oct
105%
51%
107
16%
;
1
I
■:
Deo
Sep
28% Sep
14
21%
13
109% Aug
Jr
Jan
20% Sep
25
Sep
37% Nov
■
Jan 21
101% Feb
110
i
■!?;:
Mar
Apr
Feb
May
May
Dec
76%
Jan
Dec
117%
Jan
?
>
166
Volume
LOW
per
share
23 Ma
Tuesday
Oct. 13
Oct. 11
$
Oct. 14
t per share
233/4
23%
105 Ma
29%
29
*115
105 Ma
105 Mb
29 Mi
29%
105 Ma
*115 Ma
105 Ma
16 3-8
16%
16 Ma
163/4
16%
31 Ma
31 Mi
313%
31%
96
96
95 Mi
293/B
29 Ma
293%
29%
29%
99 Ma
99 Ma
♦993/4
100
100
*95 Ma
16MB
163%
9,200
Phila
32%
9,900
95 Mi
120
30 Mi
293%
30 Ma
6,400
99 Ma
99 Ma
300
*95 Ma
98 Ma
10
100
*95 Ma
96 Ma
29
29
29 Ma
29%
*28 Ma
29 Ma
*28 Ma
92
90 Mt
91
91 Ma
91 Ma
*89 Ma
92
*89
61
62 Ma
COLUMBUS
16 Mt
17%
DAY
*3534
36%
*103%
103%
58%
61%
173/s
*16 3A
36
36
103 Ma
103%
/' 15%
35%
103 Mi
353%
103
170
169
169
38 Vt
38%
38%
9 Ma
9
143/e
14 Ma
140
140
383%
393/a
383%
39 Mi
9%
9 Ma
9 Mi
143%
9
14%
14%
14 Ma
*135
9234
93 Mi
92 Ma
93%
90 Mi
92%
90 Ma
91M4
84
84
82 Mi
83
81
81
81
81
14 Mi
14
14%
15
*14
143%
160
*150
*150
160
14%
*14%
160
*150
•
160
36 Ma
9 Mi
39 Ma
8,200
9 Mi
14
14 Ma
5,900
4,900
*135
*135
10
—'
-
*91 Mi
990
81
81%
250
14
15
800
*150
160
92
160
333/B
333/4
343%
34 va
34%
34 Ma
35 Ma
35 Mi
363%
*10
103/4
*10 Ma
103%
*10 Ma
103%
103%
103%
11
11
200
*23%
24%
24 Ma
24%
24 Mi
24%
24%
25 Ma
25
25
2,600
*32 Ma
33 Ma
33
33
33
33
33 Mi
33
33 V*
500
14 Ma
14%
143/4
15 Mi
15%
15%
15%
15 Mi
15 Mi
1,500
11%
16,000
33
M4
*33
,
15%
aeries
cumulative
11,400
5%%
Poor
11 Mi
113%
113%
12 MB
113%
12
38 Mi
38 Mi
*38 Ma
38%
38 Ma
38 Ma
67%
68%
68 Ma
68%
68%
27'a
27 Ma
273/4
29 Ma
28%
29 Mi
283%
69
283%
*91 %
92 Ma
*91%
91 Ma
92%
*91 Ma
92
70
35 Ma
35 Ma
35 Ma
35 Ma
35%
35 Ma
35
35 Mi
35
35
1,400
Public
23%
23%
233%
23%
233%
233%
233%
23 Ma
23%
7,100
Pub
RR_
300
39
68 Mi
68 3%
4,700
28
28 Ma
15,300
Co
105
1053%
105 Ma
106 Ma
105 Ma
106 Mi
105 Ma
106
580
116
115%
1153%
115
115
114
115
830
*128 %
128%
128 3/4
1283%
128 Mi
128 Mi
127 Ma
128
*126 Ma
127
270
*141%
142
142
142
142 Ma
142 Ma
142
142
141 Ma
143
330
8%
*111%
111 Ma
111%
111%
111%
111
111
*111 Mi
112
52'a
52%
53 Ma
53 V4
533%
54%
54
543%
54
25%
26
253/a
263%
26 Ma
263%
26 Yt
26 %
26
106%
107
106 Mi
•106 M4
106%
29:%
29 Ma
293%
*22
22%
223/4
223%
♦22 Mi
8%
9 Ma
106%
29 Mi
29:%
29 Ma
22%
29 3%
106%
30
*100%
*29
106%
22%
22%
♦22 Vt
107 Mi
2,600
5%
400
29 3%
Nov
26 Mi
Deo
30
1
169
Aug 22
197
July
Jan
2
200
Nov
210
I
30
Sep
,7 Mi
Deo
9%
Oct
Feb
202
208
14% Oct
9% Feb 14
May 15
15
Oct
1
103
93Vt Oct
11
09
18
7
14 Mi Jan
Jan
22*
Feb
""eb
96%'
-m
68% Dec
92
34% Jan
Oct
200
May
200
Nov
13
Jan 23
36% Oct 17
22
14
12%
v
200
17% May 16
Mar
141
Nov
84% Sep
-17M2 Feb
May
-
48% Jan
Oct
140
May
Oct
Nov
31%
Jun
12% Nov
28
22
29% Aug
Oct
July
25
Oct
XlVt
Feb
l
9
16
Feb
11% 'Nov
30
50
34
May 19
43
Feb
I
38
Dec
63%
Feb
57
May 20
69
Oct
16
83
Oct
71%
Apr
32% Jan
2
32
Nov
67
3
102Mt Feb
13
98%
Dec
30% May 19
21% Jan 16
38% Jan
2
31
Sep
25Mi Feb
21
5
com
No par
Colorado
20
May 17
15% May 17
91% Oct
13
17Ma
Feb
May
105% May
41
July
30% Jun
Oct
103% Apr 24
109% May 14
111
5
103
120 y4 July 17
108
Sep
Sep
115% Jan
100
10o
117
May 28
130
139% May
100
127
Jan
2
9
110% Jun
24
146 M2 July
114% Feb
114% Aug
119 Ma Jun
8
112
Nov
117%
Feb
61 Mi Feb
3
47%
Sep
69%
Jan
28% July 25
109% Jan 17
19%
Feb
pfd $5__No par
51% May 19
No par
common
21M4Mayl9
preferred
100
Purity Bakeries Corp
No par
conv
17 M4
xl6%
16
No par
(The)
Fab
15
10
20% Sep
14% Oct
Inc
Oil
106
89% Dec
Mar 29
3
No par
Pub Serv Elec & Gas
Pure
May
15% Feb
7% Sep
16
10
preferred
Pullman
Feb
136
Sep
preferred
preferred
7 To
preferred—:
110
110 »
Oct
18% Feb
6%
5,200
Dee
Sep
29% Sep
34
$5
116
18,400
36
102%
11% May 17
of N J com__No par
106
26 3%
Jaa
123
10
427/a Feb
Sep
Apr
Jan
41
16% Deo
30% Qct
8yeMayl9
114
Apr 22
59% May 17
67
Jan 13
-10% May 19/
10
NOV
73 Vt
26% Feb
32MiApr21
7
May 19
171
Jan
89
Feb
1
Inc
of
116 Ma
54:»%
Oct
36 '
Deo
49.
.....
102
106% Aug
20% Oct
84
1
Feb
__
Sep
No par
Co
Corp
2
Aug
Jun
19
preferred
cum
Service
23
169
Feb
.
15% Oct
17MiMayl9'
165
Jan
112
96% Deo
8
No par
B
Industries
Serv
Sep
71
26'/a Julv 28
preerred series A
$4.75
May 16
91
Jan
33 y* Sep
104% Dec
38% July 24
108
,
18MiJan
Feb
102
21
19
19% May 19
Procter & Gamble
Publicker
18
15'
10
5
*105
Ma
102% Oct
5
Pressed Steel Car Co Inc com
4Ms%
10
'
100
conv
class
Jun
19 Ma
47
Dec
93
30% Apr 28
—_—No par
*115 Ma
*111
12
Oct
Dec
31% July 17
July 25
63% July 14
17
50Ma Mar 15
25
common
Louis
1st ser
&
68
*91 Ma
Jan
Pond Creek Pocahontas
37 Ma
92
Apr 29
81
Plough lnc_
Plymouth Oil Co
11 Mi
92 Ma
21
100
prior pfd—100
Pittsburgh & West Virginia
100.
Pittsburgh Young & Ash pfd
100
Pittston Co (The)
1
11
23%
Mar
July
May
11%
Feb 25
101.
Pittsburgh Porgings Co
1
Pitts Ft Wayne & Chic Ry com—100
7%
preferred
100
Pittsburgh Plate Glass Co_
10
Pittsburgh Screw & Bolt
No par
Pittsburgh Steel Co com.—No par
7% preferred class B
100
5% preferred class A
:
100
37%
113%
109
14
5
preferred—
67
*37
11
Oct
34
122
89
18
96
30% May
Dec
Deo
20 Ma
17
43%, Jan
t per share
Sep
27 Ma
116
98V« Mar 17
99% Oct
No par
Pillsbury Mills Inc
C & St
32% Oct
26V8 May 19
5
No par
com
preferred
Phillips Petroleum
Phoenix Hosiery
$4
16
100
preferred:
Phillips Jones Corp
5%
May 23
24%
2
100
preferred-:
3.60
Jan
$5 convertible preferred—No par
Pitts'Consolidation Coal Co
1
*155
38%
common
21
89
1,000
169
169%
Philip Monis & Co Ltd
27 Mi Jan
107/a May 19
_3
140
170
170
*169
1
Oct
10o
6,500
169
*155
Coal & Iron
common
preferred series A
24
*155
170
171%
109Mi Aug 12
16% Oct 15
29%
24
•170
17
93%
30 Ma
24
*155
*150
29 Ma
94
29%
171 Ma
Ma
93%
94
30 Ma
*23 Ma
105
Pitts Coke fz Chem Co com__No par
23%
•
29 Mi Jan 21
120Ma Aug 12
8,100
94
170
*
'15%
23%
171 Ma
*132
15 Ma
94
233%
15%
Corn
Pitts C
,•
30
233/4
9
210
'
94 !
29 Mi
13%
300
102 Ma
293/4
93 Ma
9
102 Ma
*105
15%
233/4
13a4
35%
*35
353%
103
*105
....
14,000
17%
15 Ma
29%
*155
*16 Mi
17 Mi
60
15%
15-Mi
94
29%
*23
35%
102 Ma
62%
500
623%
15 Mi
15%
*93 Ma
*16 Mi
17%
*105
*105
*105
*16%
613%
30
92
61%
3
14
100
& Reading
3%%
4%
23 Ma Jun
26% Jan
114 Ma Oct
6
Highest
$ per share
No par
preferred
preferred
Philco
95
$ per share
Lowest
100
3.8%
32 MI
Year 1946
Highest
$ per share
No par
$1 preference common
4.4%
105
106 Mi
*
Range Since January 1
Lowest
common
110
16 Ma
*99
98 Ma
Co
900
96
59%
Electric
800
96
58%
29 Ma
Phila
105
28
23
*91%
*
100
6,200
116
99 Ma
*96
23%
96
29%
Range for Previous
STOCK
Par
32'/a
*95 MI
YORK
Shares
16 Mi
16%
(1593)
EXCHANGE
32MB
96
29%
29 Ma
NEW
116
29%
117
1053%
323%
96 Ma
23%
24
23%
Sales for
the Week
$ per share
$ per share
117
31 '<4
*96
CHRONICLE
STOCKS
Friday
Oct. 16
24 Mo
233%
114%
FINANCIAL
Oct. 17
Thursday
S per share
*283/4
&
PRICES
Wednesday
114 Ma
116
*105 Ma
SALE
Oct. 15
f per share
233/4
29 Ma
°283'4
•"•T141/2
HIGH
AND
Monday
Saturday
COMMERCIAL
THE
Number 4639
lOG'/j Oct
25
6
May 19
Aug
Aug 18
36 Ma Feb
4
23% Jan
27
126
Jan
150
Jan
28% May
115% Jun
107
Oct
30
8ep
38%
19%
Feb
88% Aug
8
Nov
Feb
Q
400
23
Quaker State Oil Refining Corp__10
20
Mar 14
R
8%
8%
COLUMBUS
74
•73 %
11 Ma
11
101 "4
9
8%
8%
74
73 Ma
73 Ma
7334
11%
11 Ma
123%
12 Me
83/4
8%
49,300
733/4
73 Mi
7334
500
123%
12
12 Mi
23,700
9
*101
102
102
70
32
32
32 Ma
32%
32%
32%
32 Ma
33
900
a
28%
29 %
293%
30 Mi
29%
29%
29
293%
8,400
37 Ma
37 Mi
3 7 Ma
*363/4
37 Vt
36%
36%
36 Mi
36 3/4
32
28 7
28%
»
*19
19 34
xl9 Mi
*44
4534
*44
*3534
37%
♦353/4
1934
4534
.
37%
102
102
19%
195%
*44
45 Ma
*36
3734
*101
102
*101
193%
19 3%
19 Ma
443/4
4434
*43 %
45%
373/4
*36
20
13%
14 Ma
14 Ma
14 Mi
14 Mi
14 Ma
14%
14 Ma
*95
97
96
96
96
96
*96 Ma
98%
*96 Ma
15%
153%
15
15
*14 Ma
15
14 Ma
14
132
129 Ma
129%
25
*24 Ma
6,500
99
15 3%
131
*2434
*
25
12 Ma
131 Ma
134
*24 Ma
25
12%
69
69
*68 Mi
153%
16
16 Mi
16%
*99%
100%
100%
100 Ma
*99%
100 Ma
32%
323%
32 Ma
32%
32 Ma
33 Ma
LOW
per
HIGH
Tuesday
Oct. 13
share
8%
AND
Monday
Oct. 14
f per share
I per share
9
8%
9%
SALE
25
*68 Mt
*68 Va
15 Ma
Oct. 11
*24%
*12 Ma
69
a
Saturday
135 Mt
69
12 Ma
a
153
12%
134
123%
123%
123a
681
$
$3.50
16 Ma
*100
16%
100 3%
32%.
323%
14%
600
Ralston Purina
Rayonier
$2
12 Vt
*68 Mi
*100
32 Vt
14,300
Remington-Rand
200
32 Ma
3,500
Reo
t per share
8 Ma
8%
5 Ma
103
5 Ma
103
8%
8
8 Mi
27 Mi
26
263%
1 per share
8 Ma
834
18,700
105
106
5
*102 Ma
51,700
6,300
104 Ma
8 Ma
43,100
5,200
105
123/4
12
12%
12 Ma
12 Ma
113/4
12
1,700
40
40
403%
40 Ma
41
40 3%
41
6,100
*49 Ma
50
*49 Ma
50
983/4
*98 Ma
99 Ma
223%
22 Ma
22 3/4
22 Ma
15%
16%
16Mb
163/8
27%
27%
27 Ma
*15%
16
*26 Vt
27 Ma
*26 Ma
22%
98 Ma
22%
16 Mi
*27
163/4
28
16 Ma
63/4
6%
6%
63/a
6 Ma
6M4
6%
3,400
19%
19%
19%
193/4
193/4
19%
19%
800
21 Va
21 Ma
22
22 Mi
22%
22%
223/4
22%
22 Ma
23%
4,700
2,200
44
44
63
20%
65 Ma
64 Ma
65%
64 Ma
66
*19%
20%
193/4.
193/4
19%
19%
44%
45%
45
453/4
453/4
453/4
6,400
8%
93/8
23,700
303/s
31 Mi
7,800
11%
39,400
64
5V\7o
600
50c
10
No par
com
preferred
Rexall Drug Inc
Reynolds Metals
5M2 7c
100
2.50
Co
No par
com
convertible
preferred
100
Reynolds Spring
Reynolds (R J) Tob class B
Sep 24
99% Sep 23
24 Ma Jan
13
17% Feb
8
84% Feb
18
17
3.60%
l
33 Ma Oct
15
20
Oct
Corp
$ per share
No par
4% May 19
Co
(The)
,
17 Ma
Feb
Oct
21% Feb
Oct
40%
4
13%
22 M2 May 19
110
Sep 30
30% Feb
21
24%
113 Mi May 28
107%
May 19
100
Sep 10
67/a Sep 15
14
3
24% Feb
16
110
7
Apr
11% Feb
8
9
39
Jan
2
90
May 27
124
Jan
28
9
7
19% Jun
May 29
98MiOct
19
8
118
Sep
87
Sep
31% May
110% Jan
9 Ma Oct
28% Feb
46%
50
Feb
104
Feb
100
19
Dec
25
4
42MaMayl9
18% May 19
20
Oct
108% Feb
38
Oct
17
Oct
30%
8ep
68
6%
44
Oct
7
24% Mar 31
Oct
17
40%
26 Vt Feb
21
21% Oct
24%
45
Sep
64
66
Jun
20% May
Apr
13% Feb
12% Oct
10M4 Mar 31
Jun
80% July
Nov
25% Feb
17 Ma Aug
31
Feb
9
Jan
12% Nov
16
14
136
36 Ma Sep
43
Feb
13% Jan
5% Sep
Apr
18% May
45% Jan
24% Sep
105 M4 Sep
14
23 M2 May 16
Feb
Oct
18
Apr
19% Oct
5
Apr
Dec
15% Feb
19% Sep
No par
24%
7
Jun 30
4% Aug 25
1
(Jacob)
Nov
7
11
Highest
$ per share
7%
9% Jan
8% Feb
2
Wks Inc
Royal Typewriter
Ruberoid
Year 1946
$ per share
$ per share
45
No par
Ritter Company
Roan Antelope Copper Mines
Ruppert
May
Apr
34% July
Lowest
16% Feb
1
Metal
105%
Oct
44 Ma Feb
100
Art
101
100
May 19
series
Ronson
Dec
2
36MaMay20
Manufacturing Co
Oil
27% May
74
Jan
102
lo
Preferred
14% Nov
Feb
Aug 11
10
Common
Richfield
100
1
prior pfd series A___100
conv
7,000
19%
63
6%
16%
*6%
♦193/4
Apr
187/a Feb
108 M2 Mar
Range Since January 1
Lowest
Highest
Revere Copper & Brass com—No par
3,000
6 3%
62%
14
Range for Previous
STOCK
preferred
Republic Steel Corp
22%
19%
20 Vt
YORK
convertible
Rheem
28
*27
$1
10
*6%
20 Vt
1
Republic Aviation Corp
Republic Pictures common
300
19%
*62
25
Oct
14
Par
150
12
22 Ma
50c
EXCHANGE
110
103
26%
7%
26
39%
50
100
Motors Inc
NEW
200
20%
12
99%
No par
common
Shares
39%
*.48 Ma
new
96
STOCKS
111
*98 Ma
No par
$4.50 preferred
20 3/8
99 Ma
31
Reliance Mfg Co common
Conv pfd 3 % % series
20
(Robt) & Co 1st pfd
16%
*110 Va
48 Ma
1
4
12%
69
common
100
100 V4
16Mb
203/4
48 Ma
Jan
Oct
111 Ma
*98 Vt
Jun
46%
Apr
20 Ma
50
Feb
83%
Oct
45 y4
*110 Ma
100
Sep
Sep
33%
40
36%
Dec
20%
*98%
July 25
July 14
26 Mt
111%
*48%
9 Ma May 17
22 %
48 Ma July 25
39
13
111
105
5
3
29 Ma Feb
•110 Ma
22%
Hosiery
Mar
20% May 21
11 Ma Sep
4
687/a Oct 11
29
22%
34% May 22
Reliable Stores Corp
28 Vt
39%
41
5o
preferred
100
293/8
*11%
50
2nd
900
28%
104 Ma
16 Ma May 17
1st preferred
25
25
29%
105
16%
50
common
Feb
Jan
28%
105
39
125%
29
105
Nov
Sep
27%
*103
32%
76%
27 %
102 Ma
14
9
16
27'a
Ma
38 % Feb
Preferred
2,400
8
35 % Jun
25
Feb
May
Apr
135 Mt Oct
9,200
26
33
May 17
5 Va
102
Sep
85
11%
8%
11 Vt
100
11 Ma
27 3/8
15
Reis
12
102
30 M4 Oct
450
131 Ma
123
11 Ma
83/8
17% May 19
16%
12
25%
1
112%
434
♦101
49%
Dec
11 Ma
8 Ma
Dec
non-cum
Sales for
25%
32
Sep
4%
102
10
non-turn
the Week
7%
112%
Feb
4%
Silk
Apr
Dec
41
preferred
Real
105 Mz Mar 1
28% May 19
100
10
Jan
Nov
Oct. 17
25%
100%
101 y4 Oct
19
15
11%
*10034
28%
12%
Friday
20%
96% Mar
Oct
99
Oct. 16
111
Dec
15%
11
4%
203/4
76%
2
16 M4 Feb
11%
20%
4
15% Jan
May 16
4%
20 Ml
1
80% Feb
11
Thursday
5%
10% Feb
15
Apr
No par
pfd
common
PRICES
9 Ma
Co 3%%
7 Mi May 19
10% May 21
70
50c
Oct. 15
83/4
1
Reeves Bros Inc
2,100
11%
111
Inc
Reading Co
40
Ma
Wednesday
$ per share
No par
4%
4%
20
1st preferred
conv
Raybestos Manhattan
100
1134
*109
of America com__No par
Radio-Keith-Orpheum
3 7 Ma
*36
*13%
15'%
Radio Corp
900
101 Mi
*31%
*363
74
11 Ma
DAY
Jun
May
Jan
S
8%
COLUMBUS
8%
30 Ma
*30
44
8%
9 Mb
8%
9
8%
31%
30%
31
303/4
11%
*91
93
11 Mi
11%
93
11 Ma
11%
113b
*91
43 Ma
293/4
DAY
93
93
11 Mi
*92
9
30%
11 Ma
94%
11 Ma
10
93
*91
St
Joseph Lead
10
St L-San F Ry Co com v t c__No par
Preferred series A 57o
100
St
Regis Paper Co
1st
pfd 4.40%
Safeway Stores
Mi
7,700
1113/4
111 Ma
111%
1113/a
111 Ma
112
10 Mi
10
10 Mi
10 Ma
10 Mi
10 Ma
10 Ma
10
10 Ma
2,600
37^4
37 Vt
38 Ma
38 Mi
38%
x37Ma
37%
36 Ma
373/8
37,900
*45 Ma
45%
45%
45%
453/4
453/4
46
46
600
Scott Paper Co
99 Ma
99 Ma
100
99
160
$3.40 cum preferred
Scovill Mfg Co 3.65%
1,800
22 Va
223/4
22%
22%
111V4
1113/a
111V4
*10
36%
*45 Ma
47
*100 Ma
102
98%
98
1013/4
Vt
102
98 Vt
98 Vt
23
xioo
*98 Vt
23 Mi
100
98 Ma
23
23 Ma
*993/8
98 Ma
100
99 Mi
22%
23
112
*98 Ma
15 Ma
143/4
15
143/4
14%
14%
15
15
95
15 Ma
15
94 Mi
94 Mi
94 Mi
95
170
100
94 Mi
95 Ma
95 Ma
94 Ma
16 Vt
16 Ma
16 3/8
17%
17 Ma
173/s
17
173/a
16%
17 Ma
7,600
*45 Ma
46%
47 Mi
47 Mi
47
47%
47
47
463A
47 Ma
1,000
31
30 Mi
30%
30%
32
31
32 Ma
5,900
7
7
*63/4
7 Ma
*6
6 3/4
500
*94
5
common
series A
100
5
common
5 7o preferred
Savage Arms Corp
Schenley Distillers Corp
3.35%
Jan
61
Aug
July
Dec
pfd—100
common—5
100
of Del
36%
3 7 Mi
363/i
37 Mo
37
37%
24,300
11 Mi
11%
11%
11%
11%
12
12 Mi
12 Ma
12 Mi
3,100
Seeger Refrigerator Co_
5
9 Mi
9 Mi
93/8
9
1,100
Seiberling Rubber Co
1
11%
11%
*102%
104 Ma
*102 Ma
253/4
25%
--37%. ,37%
37 Ma
23%
.
22
"*79
,.
*17
or,
12 Mi
103 Ma
*102 Ma
25%
263/4
26 Ma
273/a
12%
12
103%
27
9
12 Ma
11,400
1033/8
50
27 Mi
For
38 Ma
383/4
38
38 Mi
37 Ma
38 Mi
6,700
22 Ma
22%
22 Ma
23 Ma
23 Ma
243/4
10,200
81
81
81
X803/4
803/4
*79
*79
80 Ma
200
17
17 Ma
17 Ma
17
17
17 Mi
1,000
footnotes
see
page 24.
"
-21 ^
17
173/a
common
$4.50 preferred
No par
1
No par
Sharon
38
83
Sears Roebuck & Co
Servel Inc
No par
..5
9,000
22%
•
Seagrave Corp
Shamrock Oil & Gas
22
17 Vt
T.
33?,
26
103 Ma
12
11%
*102 Ma
9
22
*
,
-
12
104 Ma
9 Mi
100
102 M4 July
14% May 19
90
Jun
26
11M4 May 19
37
Ma
103% Sep
3
39% May 17
23
Mar 8
36 Vt
9
1
41MiMarl4
96M2 May
96M» Jan
100
36%
Mi
11 Ma
49 Mb Jan
42
t c„No par
7
9
Mar
Oct
6%
-»9
34% May
116
18
v
Seaboard Oil Co
Nov
100
preferred series A
com
22
110% Sep
9% Nov
114 Ma Mar
Deo
Nov
11V4
,
17
33
63
36 Ma
■
20MaMayl9
xll0% Jun
12% Deo
Dec
11% Feb
30%
Ma
10
Dec
55% Jan
6%
7
30
9
May
11%
30%
7M4Mayl9
30
30
Jun
91MaOct
65% Jan
2
12 Ma Jan
2
33
Aug
8
11% July 17
98 Ma July 24
26 Mi July 17
23 M2 May 17
No par
No par
cumulative preferred
Seaboard Air Line
9
May 19
5
cum
(The)
Jun
5Ma May 19
.1.75
common
Scranton Elec Co
5%
100
40
18
1
51/2 May 17
30 Ma May 19
110%
98% Mar
3
24% Feb 13
55
33 Ma
Feb
15
July 24
10 Ma Feb
Sep
8ep
87% Jan
42
23
Oct
89%
17%
77% Feb
6% Nov
49%
23% May
22% July
40% July 14
10
16 Ma Feb
8
lOMi Nov
8% Sep
9
10% May 19
16% Feb
11
13 M4 Nov
167/a Feb
3
102
Oct
Sep
22
110
Jan
20M2 Apr 15
24% May 19
27% July
Apr
17% Feb
6
35% Nov
11
Jun
102% Nov
95% Deo
18Ma Jan 20
7
1
12%
105
24%
Oct
Apr
Jan
113% May
Dec
'
32%
Apr
1*3
17% Octi
40%
Feb
Steel Corp
Sharpe & Dohme common
$3.5o conv pref series A
No par
38% Oct
15
23 Vt
Oct
No par
No par
18
May 19
33% Jan
6
23
Jan
£££39% May
75
Jun
82
Feb
19
77
Jan
7*" 81% May
Shattuck
No par
16
May 16
21% Feb
18
17%
Sen
•or
(Frank
G)
3
21
22
COMMERCIAL
THE
(1594)
AND
HIGH
Saturday
Monday
Oct. IS
Oct. 14
9 per share
*12%
$ per
1 per share
STOCKS
Thursday
Friday
Oct. 17
the Week
Oct. 15
123/4
12%
12%
13
13 Vb
13
13
30
30
13 Va
*12%
700
(W
A)
Oil__—
Union
30%
30 Va
30 3/a
30%
30%
30%
7,900
Shell
7Vt
73/8
7 3/a
7%
73A
7%
7%
8%
7%
8 Va
8,800
Sheraton
4 3/a
4%
43/a
4%
43A
4%
43A
4%
4%
4%
3,400
Silver King
*37%
373/4
37 Va
38%
38 Vb
33%
38%
38 3A
38%
2,200
Simmons
1
15
Co
Pen
29%
30
38
No par
Simonds Saw & Steel
45 y4
300
16
45 Va
16
45 Va
15%
16 %
16
16 V4
16
16%
16
16 Va
22,200
♦88%
90
89'A
92 Va
90
92%
88
91%
88 Va
92%
7,600
Skelly
20 Va
21
20%
21
20%
21%
21%
22
4,900
Sloss-Sheffield Steel & Iron
•44%
20%
45 Va
,20%
46%
*45%
46
46
45%
'
1
Oil
57
57
57%
58
58%
58 Va
583/4
59
60 VA
2,100
Smith
39
383A
39 V4
38%
39
3G'%
38%
38 Va
38%
1,800
100
100
26%
27
27
27%
27 Va
COLUMBUS
16 Va
DAY
16 VA
16
16'A
16
16%
16 Va
4
4%
4
4 Va
4
3%
4
*99
6 Va
*6
*50%
17%
40%
164%
6'A
6 v»
6 Vb
6%
51%
*503A
51%
503A
50 3/4
17%
17%
18
17%
17%
41
41 Va
*163
165
41%
17%
41%
41%
165
6%
*50
165
41%
167
*167
16 VA
100
:
8,400
42
3,000
139
40
41%
*167
3,100
6.VA
19%
19 Va
41%
2,700
50 Va
*50
139
33,800
4
6 Va
6 %
19 Va
900
28
4
50%
80
100
*27%
16
26%
16
3%
100
100
100%
26 Va
*99
100 Va
26%
3,100
Oi
(A
California
Southern
32
32
32
32%
313A
32
31%
31%
24
24 V8
23 3A
24%
24 VB
24 Va
24 Va
24%
6,000
Southern
Natural
45
46 VA
23,200
Southern
Pacific
Southern
Railway
44
44 V8
44
45 V4
44%
45%
45
45%
38 Va
38%
38 y4
39 Va
38%
33%
3 8 3/a
39
38 %
39%
12,700
63%
63%
64
63%
62%
63 Vb
1,100
63%
64
64
*70
7414
*71
*18 V8
■5%
*8%
30 3/a
18%
53/4
5%
8%
30 VB
31
23%
23 Va
23 Va
24
11 Va
12
11%
12%
72 Vb
30
18:%
1,000
Spalding
23 Va
13
12%
76
30%
24
14,000
13
21,100
280
Conv
2
No par
76%
17 'A
17 y4
18
18 V*
18%
18Va
13 3a
18
18%
6,300
Square D Cc
30
30%
30%
31
30 3A
31
30%
30%
2,600
109%
*107
Squibb (E R) & Sons common.—1
$4 preferred
No par
109%
*107
109%
108
*105%
109
28 V*
28 V4
28%
28%
28%
28%
99%
99%
99
99
99
99
27%
28 V8
2734
28%
28 Va
28%
*98 Va
99 Va
273A
27 %
*106%
107 Vb
107%
107 %
*116
117 Va
117
2S%
28%
*97
-
28%
20
103
7,200
28%
500
98
29,300
2934
600
4
14,400
Standard Oil of Indiana
7534
21,100
Standard
Oil of New Jersey
27 3
10,000
Standard
Oil
40%
41
40 Va
75 VA
76
73 3A
74 %
75
76
75%
75%
75 Va
28
28 Va
28
28 Va
27%
27 Vb
27 Vb
27%
27%
*102%
40 3
4
3%%
103 Va
*1023A
1031%
•102 Va
103 V2
*102%
103%
*102%
103 Vb
14 Va
14 J/4
14%
14%
14 Va
14%
14 Vb
15%
14%
15
44%
*43%
45%
45 Va
45 Va
44 Vb
*47 Va
44%
43%
47
45-%
*46 3A
47
*44
*46
48
*46
48%
12,700
300
48
100
Standard
4%
Ohio
of
Steel
Spring
convertible
Starrett
preferred
(Thei
Co
_
LS
13%
14 Vb
14 Vb
15%
15
15 VA
15 %
16
3,800
1
38 %
38%
38%
38%
38%
38
38 Va
3,700
Sterling
101 Va
lOOVa
100
34%
12.000
16%
5,100
Stewart-Warner Corp
3,400
Stckley-Van
*100
35%
35%
353/4
36
36 3/8
36%
36
16
16 Va
16%
16%
16%
16%
16%
23%
23%
*20 3/4
21 Va
x34
36%
16
*13%
23%
23%
23%
24 Va
23%
23 Vb
21
21 %
*20%
21 '/a
20%
20 3A
21
21
400
DAY
14
14%
14%
14 Va
14%
14%
14%
15
6,900
21%
22 Va
22%
22%
22%
22 Va
22%
20,200
12 Va
13 Vo
12%
l^'A
12 Vb
12%
12%
12%
4,900
105 %
106%
*105%
106%
105 (A
105 VA
105 VA
106%
10
*&!%
54 Va
230
22
12 Va
12 %
105 VA
106%
*54%
121%
11%
*41%
*
*54 V2
55
122
121 VA
55
5*%
122%
122 VA
*54
r<
122 Va
24
*
54%
12'3
122 Va
preferred
Stevens
5%
Corp
Oil Co
A
Class
Sunray
Oil
11%
11%
42
41%
41%
40 VA
41 Vb
1,600
Sunshine
Biscuits
9%
10 V8
10
10 Vb
9%
9%
4.000
Sunshine
112
173/4
18%
19 Va
19%
*40%
41 Vb
41%
42
*18%
18%
23 Va
22%
23%
120
119
23
5,100
121
1,600
10,600
Superheater Co
Superior Oil of
cum 1
100
..
Superior
Steel
19%
20
42
42
42%
400
Sutherland
18%
18%
18 %
200
3,600
Swift
25
Paper
—
33%
34
34'A
34%
34%
34 V8
24%
24 Vb
24 Va
24
24 VA
24
24
5,000
22 3/4
22%
23 VA
22%
23%
22 Va
23
22%
23 Vb
4,500
Sylvania Elec Prod Inc eom__No
97
96
96
7
7%
7%
LOW
AND
HIGH
Oct. IS
# per share
SALE
7%
*95
7%
7%
7%
7%
10
96
.
6,400
Friday
$4
preferred
33% May
Oct
70
Jun
50% Jan
2
33
Sep
65
Jun
77
8
64 Va
Oct
90%
73
Oct
96
Feb
4
16%
NOV
30%
Apr
8
7
13
5%
Oct
13%
Jan
81
Feb
Aug 26
20% Feb
7% Feb
14% Jan
93% Jan
31 %
24%
17%
90%
18%
11 %
Nov
27
May
92
Sep
104
July
18%
Dec
7
14 Ve
4
84 Va
July 14
Oct 15
Feb
Feb
Feb
45% Jan
112% Feb
Oct. 17
NEW
the Week
39%
Sep
109 %
Apr
Apr
24%
Apr
15 Va
Sep
2
33%
Feb
55
May
11
107%
Oct
116
Mar
343/a
May
5
2
Nov
55
98 %
Dec
99 %
20%
Oct
60% May
135%
Apr
149%
Apr
Dec
78
Oct
42 Va
Feb
59% Aug
44% July 21
37
Feb
493A May
61%
Nov
Mar 17
3
80
July 24
31% Autr
19
Ji...
29
17% Feo
11
Feb
7
Oct
14
20% Mar
100%
Dec
78% May
30
108 Va
July
Jan
16 Va
Oct
41%
Jan
102%
Oct
7
13'/a
Oct
8
20 %
3
21
Jan
3
14%
Oct
233A
11
18 Va
Oct
38 Va July
3
12%
Nov
Apr 17
Mar 24
Oct 17
Sep 18
103%
Sep
61%
Sep
May 17
May 20
31% Sep
9
16
May 19
10Va May 19
105
July 28
51
May 26
118
Jan
7% Jan
10
11
17V8May 20
101 % Jan
13
13
May 19
49
24% Oct
21% Jan
17
Feb
25Va Feb
15%
109%
75%
124
12%
5
Feb
Nov
56
Jun
Sep
53 Va
Jun
37
26% Aug
63
109%
May
Aug
117
7%
Dec
Apr
Oct
26 3/a May
393/4 May
23
Feb
Apr
24% May
110
78 Va
May
Jun
124% Aug
14
May
56 Va Aug
42'A
Sep
103/a
Oct
24
173/4
Oct
353/4 May
24% Oct
July 25
128
102
Oct
160
Apr
May
Dec
24% Feb
Mar
7
19 Va
Nov
23
5
38
Jan
55%
Apr
19
Apr
1
13 Va
Sep
21
Aug
47
37% Jan
28
2
5% May 19
Feb
37%
6
27% Jan
14
25
2
13% Mar
9
Oct
Oct
14
45 Va Jan
2
96
11
15
30% Jun
20% May 19
par
28% Feb 13
104% Mar 11
10% Feb
7
31
Sep
41 Va
Feb
253A
Nov
36%
Jan
19%
Nov
41
101
7%
Nov
Nov
Feb
109 Va Aug
16%
Jan
Range for Previous
'
EXCHANGE
Year 1946
Range Since January 1
Lowest
Lowest
Par
Shares
9 per share
$ per share
Jan
Nov
70
36
May 19
14% Jan
2
STOCK
YORK
40%
2
1
Corp
Jun
2
Nopar
Gould
Symington
Sales for
Oct. 16
9 per share
Jan
38 %
STOCKS
Thursday
Oct. 15
9 per share
*95
97
PRICES
Wednesday
Oct. 14
9 per share
Oct. 11
7%
7%
Tuesday
Monday
Saturday
97
Sep
22%
a
Jan
104% Mar
367s Oct
19% Feb
Swift International Ltd
22%
39% July
30
4
4 < y« neo
Jan
25
33%
24 Va
Dec
Feb
May
28% Feb
.21% Sep
Co
&
33 3a
193
18
4.16%
24 VA
Dec
18
Feb 19
July 24
10
(The 1
167
63
5o
Co
33%
*95
Jan
125
8% May 19
24
*96
>
May 17
12
No par
Sweets Co of America
34%
8
19
19
20
19
3
16
327'a May 27
Corp
20%
19
*18%
Sep
May
May
May
May
Oct
Oct
19
19
27
10c
(The)
*18
19%
17
12.50
California
*41 %
20
17
May
May
May
Jun
56
181
Aug 15
14% Jan
7
Oct
37
No par
Inc
42%
19%
*41%
19
22 Va
117
May 19
10% May 19
Mining Co
116
19
14% May 19
19% Jun
3
1
11%
23%
25
July 29
1
Corp
41%
116
May 19
x35% May 13
101% Oct 11
no par
(4%%
pfd
11%
24 %
49%
49
47
1
common
10
115
Sep
3
1
$4.50 series A preferred
Sun
43
24
48%
20
common
11 Vb
113
18
13% May 17
(The)
Corp
Chemical
42
2334
Nov
42%
No par
11 Va
23%
Nov
»3
5
Inc common
42
93/a
I
Dec
41% Jun
15
Inc
Co
Camp
Studebaker
Sun
&
Webster
&
51,300
HVa
P)
prior preferred
Stone
90
'124
(J
100
11%
9%
18%
22%
0-4 Va
122
23%
3%%
Jun
8% May
105
1
.5
Drug Inc common.
11%
*9 Va
112
16 V8
COLUMBUS
14
21%
*
*99%
101'A
Sep
8
Dec
23% Jan
50
_
Sterchi Bros Stores Inc
37%
102
4%
514 Feb
101% Jan
6
10% May 19
No par
13%
37 Va
*100
May
it%
Dec
63
10
100
common
101%
-
25
comxnon
133A
102
July
48
Oct
45% May
37% May .19
25
preferred series A
37%
♦100
108
Sep
13%
35% Nov
50% Mar 11
Standard
40%
Dec
29%
July 11
May 17
11,200
40 Va
99
17
81
1,000
60%
40
102'Vs Jun 30
35% Jan
6
89
116 Va
60
39 3/a
Jan
No par
$6 prior preferred
107 Va
116
39%
»i
$7 prior preferred
No par
Oil of California. _No par
*105
39 Va
Oct
36% Jan
114% Feb
60 %
GO
42
37% Jan
6
1Q2
Aug 14
No par
com__
116%
60
Feb
b.1% July 11
3&V4 Oct 14
17 % May 16
Inc
preferred
107%
59%
Jun
»7%
26% Jun
3
97% Jun 20
Brands
cum
116%
60
44%
Sep
No par
$3.50
1C7 Va
59 Va
Jan
Jan
14
Standard G & E Co $4 pref_.No par
Standard
109
116%
59(4
*43
5
117%
*107%
117
59%
20%
64
7Va
72% Oct
1
30 Va
28 Va
Oct
3
17
Oct
20%
15
4%
6
76
23%
16%
8
71%
13%
30
108
1
77 %
Feb
Jun
May
62%
28
No par
17 Va
*107
41
7
57% May 19
No par
1
30
77 Va
~
46%
Jan
9
22
1
Inc common
$4.50 preferred
Spiegel
77 %
*76%
Nov
38%
9
34% Apr
tr ctfs__.100
Sons
Spencer Kellogg &
Sperry Corp (The.
5,700
33
Jun
8% Jan
30% Apr
100
Co common
preferred
S5.50
12%
77"
a
Spear &
14%
54% Apr
22% Jan
154
7.50
Withington
Sparks
23%
13'A
77 Va
23%
500
82
17% July
6
5% Oct
14% May 38
37% May 19
No oar
& Bros Inc
(A Gi
21
43%
Dec
Oct
50% Sep 26
common_.No par
29%
30%
24 Va
24 3
*76 y4
*77
3,800
9 Vb
*9
9%
30 Vt
5%
5%
5%
82
3% May 20
25
Co
& Ohio, stock
Mobile
18%
5%
30%
12 y4
77%
72 %
18%
*77
82
*77
74 Va
Edison
Gas
Co
preferred
non-cum
72 %
*8%
9%
9'A
9Va
82
30 3/a
30 3'a
6
5%
6
83A
*77
82
*77
18%
18 V*
5%
18%
*
73
*71 Va
73
18%
19
63%
38
May 2u
29% May 19
98
Apr
2
24'A July 1
13%-Mar 14
100
preferred-
24 %
Feb
7
Feb
15
South Porto Rico Sugar corn--No par
31%
Jan
61
share
5%
22
1
50
Greyhound Lines—5
24%
41
ver
8
27%
May 20
1
& Platinum
*31 Va
8
15
preferred—
8%
17
16% July 23
South Carolina E & G Co com—.7.50
5%
Apr 22
15
Socony Vacuum Oil Co Inc—
Southeastern
July 17
9% Feb
6% Feb
92% Oct
Corp
Amer Gold
34
Mar 15
Smith & Corona
South
May 19
May 19
Highest
$
10
May 19
cumulative preferred.--100
Typewriter__No par
3„%%
FeD
65
10
Carpet Co com__20
Smith (A) & Sons
22
20
Co...—
*38'A
$ per share
Jun 20
May 19
Apr 14
Year 1946
Lowest
15
-No par
Sinclair Oil Corp
*55 Va
*99
241/4
6%
4
27%
39
14
No par
Co
$ per share
12
1
5
Corp of America—
Coalition Mines
Highest
$ per share
Par
Sheaffer
-
Lowest
EXCHANGE
Shares
$ per share
9 per share
9 per share
share
Range for Frcvious
Range Since January 1
STOCK
YORK
NEW
Sales for
Oct. 16
Wednesday
Tuesday
Oct. 11
PRICES
SALE
Monday, October 20, 1947
RECORD
STOCK
YORK
NEW
LOW
& FINANCIAL CHRONICLE
Highest
$ per share
$ per share
4 per share
Highest
$ per share
T
*10
*5
10 Va
10 Vb
5 VA
5
18
18
18
10%
*10%
10%
1,000
10'A
5
10%
10%
5 Va
10 Va
5 "4
5 VA
5V»
5»A
5 va
600
18%
18%
18%
18 Vb
1,900
18 3
18%
)«%
4
58%
16
15%
16 Vb
15%
16
15%
161A
18V4
55
55 Vb
55%
55%
55
55%
54'A
*37%
38'A
38 Va
38%
38'A
38 Vb
38%
38%
39
39%
58 Va
57%
58 %
58 Vb
59
»
Texas
Texas
Gulf
Producing
5
5
25
1
2,900
Texas
Gulf
Sulphur..
Nopar
6,600
55 V2
57%
.57%
Texas
Pacific
*26 V4
26%
27
27%
27%
27%
27%
27%
27%
283%
*46 Va
48 Vb
48 Va
48 Va
49 Va
49 Va
*48 VA
49 Va
49
49 Va
13%
13%
13%
13 3/4
14
14 Va
13%
14%
14
14
3,100
50 Va
50
51
50 V4
50 VA
*50
51
*50%
51
370
15%
*15
15%
*15
15 Va
500
11 3/8
4,400
*49
*14%
15
14%
10%
10%
10%
50
50
*49%
15%
15
10 3A
10%
11 Va
50
50
50
ll'A
ll'A
11%
x50 V4
50%
*50
8
6,400
500
190
51
600
8
7%
7%
8%
*7%
8%
734
7%
21%
213 A
21%
22 VA
22 Va
22 Va
22%
24 VA
23%
*10%
1034
10%
10.%
10%
103/4
U
11%
*1134
45 VA
46 Vb
46 Va
47
47
47
46%
46 3A
98
98
*97%
98
98
*
8
COLUMBUS
45 VA
45
♦98
DAY
99
5
5
22 Vb
32 Vt
22%
105
:
90
5VA
5 VA
32 VA
*30%
32
31%
31 Va
400
22%
22%
2334
23
24 Va
47,400
105 Vb
19
62%
18%
52'A
'*
2,300
51%
11%
11%
11%
11%
12 Vb
12 Vb
12%
12%
12%
7,900
17%
173A
17. Va
17%
17%
18%
17%
18 Va
173/4
18
4,100
7
*106 Va
♦106'A
107
17%
17%
17%
17%
17%
*17'A
17%
7%
.7 3/a
7%
7%
7%
7%
•7'/a
17,800
107 V*
*107 VA
107 Vb
107 Va
60
107 Va
108
28 VA
28
28
27 Va
28 Va
28
28 Va
28
25%
25 Va
2534
26
27%
27 Va
27%
27%
27
38
37%
37%
37 Vb
99
99
1,300
28
25%
lOOVa
*99
*8%
*36%
*8%
9 VA
*36%
38
37%
*99
99%
9
9V'4
9
*36%
38
3734
*38
99 Va
9
*37
40
99
*39
VA
98%
Vb(
21,900
40
300
98 Va
300
9
9
37
9
3734'
21
4
15
19
16
17
19
Dec
13
Jan
Sep
25%
Jun
52
Feb
68% Aug
58
39%
29
58%
July 24
17
Oct
Sep 18
Feb 18
21% Feb
59% Feb
17% Feb
13% Feb
60'A Feb
14% Feb
24% Oct
16% Feb
59% Jan
106
Mar
9 % Mar
18
July
46 Va
Sep
60 3A
Jun
21
Oct
32%
Jun
14 Va
Oct
26% May
65
May
35
Sep
13%
47
Sep
Sep
61 Va July
15
Sep
30 % May
13
10
Sep
15
48
18
13
13
5
16
11
30
10
7% Feb 3
39% Feu
1
24% Oct 17
108% Feb 24
9%
18
17%
Sep
Oct
70
Feb
Feb
Oct
20%
Jun
16
Dec
18% Nov
14%
Oct
21% May
38 %
Oct
102
5 V,
Oct
Oct
69%
Jun
112% Jun
13%
Jan
32
Oct
68
Jan
17%
Nov
24%
Apr
99%
Nov
5
21% Feb
4
16 y8
Oct
26 Va
Jun
40% May 13
52% Oct
17
38%
Oct
66%
Jan
tTranshmerica Carp—-i——.2
5
& Williams Steel
No par
10% May 17
13% May 17
3
6
Transue
14
15-% Jan
22% Jan
19% Feb
13%, Oct
Transcont'l & Western Air Inc
3
14
Axle
Bearing
Tri-rConCinental
$6
Corp. common
1
No par
preferred
37
800
10.
Nopar
Truax-Traer Corp
20th Century Fox Film com—No par
preferred
No par
$4.50 prior preferred
Nopar
Twin City Rap Transit com—No par
5% conv prior preferred
50
$1.50
Coach
Va
15%
I6V1
17'A
163A
17 Va
16
16%
16
16
6,600
Twin
121/2
12V2
13
13
13
13 VA
12%
13
13%
13 Vb
2,800
Udylite
2,800
Underwood
15
26
Jan
6%
143/4
May 13
5% May 19
101
Jun
2
7% Feb
7
112% Feb 20
'
*273A
*37
19
11%
9
112
Feb
"
700
108
com___lQ
Nopar
29
19
17
14
No par
Roller
*11%
Nopar
com
preferred
Detroit
51
17%
1
25
49% Oct
12
May
9% May
49% Sep
6% Aug
16% Jan
10
Sep
38
May
97% Oct
3% May
20
May
8
19% May
Feb
7% Jan
20 Va Aug 15
68% Julv 28
17% July 28
18
May J.9
102% Jan " 2
15% May 19
Timken
18%
51 Vb
16
Jan 13
4%
preferred.
—,—;
100
Thorapson-Starrett Co com—No par
$3.50 cum preferred..
Nq par
Timken
19
51
15% Jan
Sep
—50
(The)
Tide Water Associated Oil
13
13
41
Transit Corp__No par
5,300
18%
52
7
Avenue
6,400
19
17
preferred
Thomas Steel Qo
10% Jan
46% May 27
21% Jan
13
1
common
conv
52%
18%
51%
7
Third
Co
div
$2%
May 16
5
Nopar
Nopar
The Fair
19 Va
18%
51 Vb
16 3/4
$2.40 conv preferred
Thermoid
10
3% May 16
13'A May 20
53% Sep 26
100
Thatcher Glass Mfg Co common
$3.75
18%
<
1
Texas'& Pacific Ry Co
320
105
10
Pacific Land Trust
Texas
Products
97%
104%
& Oil
Coal
Thompson
5'A
105%
(The)
2,400
97%
105
Co
Corp
Corp
(J R)
5Va
105 Va
Tennessee
Thompson
97%
*105
Telautograph
500
22%
22%
105 Va
*105
£',400
12
32
32 Va
22 Vb
24 Va
5%
5 Va
51A
32 Vb
*31
5Va
9
(James)
7,500
16%
55
57%
Inc
■47,900
58%
*153/4
*54%
Talcott
1
Co
15% May, 19
25
Sep
8
34% Aug 21
9.8/2
7%
36/2
9%
Oct
17
May 13
Aug 28
May 19
29
Oct
38% Jan
48
Jan
104
Jun
16
Feb
51 Va Feb
17'A Oct
18 3%
5%
105
'Dec
21% May
71
Dec
33%
Oct
12%
Sep
114
Jan
Feb
Jan
Mar
22% May
63% May
8
16
6
6
37%
Oct
46%
Nov
27
102%
Dec
11
11%
Oct
24
Apr
18
433/4
Dec
71%
Apr
14
11% Nov
26% Jan
80% May
23% Apr
Sep
79
May
106%. Jan
U
54
54
♦Hi/a
.
54
55
54%
55%
54%
54%
54%
55
11%
11%
11%
11'/a
11%
11 Va
11%
11%
11%
36%
36 3A
36%
3 7 Vb
37
37%
36%
37
36 %
36
106 %
104
104 Va
105
106'/a
106
106%
105%
*113%
114
112%
113%
*112 Va
113%
112 VB
112 Va
*112'A
113
*101
,1051/2
*101.%
105%
♦101'/a
105%
*101Vb
105 Va
*101
99%
99%
99%
98 Vb
*99
99 Vb
103 7/a
*98
,
|
c
99%
23% * 23'/4
140i'4o
t
v„.
var
9,900
6,000
Union
89% Jan
15
16
$3.70
series
No par
Preferred' $3.50
series
No par
—25
120
_100
103
No par
30
Union Oil of California
145%
143
144%
144%
147
4,200
Union
104%
103
103
104
104
500
34... .34
'
34 Va
.
34%
23 VA
34%
23%
34%
23'A
1
•
3.4?/*
23%
343/4
800
non-cum preferred
Union Tank CarJ
4%;
97% Oct
Pacific RR Co common—100
4,400
1433/4
23%
1043A May 14
20
104
23%
25% May 19
112 Vb Oct
145%
23%
2
9Vs May 17:
pfd $4.50 ser_.No par
Un El Co of Mo
1Q3
23'A
12% July
43% May 19
Paper
No par
Carbide & Carbon.___No par
Preferred
70
5
Bag &
141
34
For footnotes see page
99
110
1
No par
103
It,
£;>
.*102% 103 %*>
*331/2
105
(The)
Carp
Union Asbestos & Rubber Co
Union
105 Vb
99 Vb
700
Corp
Apr
10
14
15% July 23
7
25
49
Sep
153A Jan
12
Nov
37% Oct
16
23
Jan
1103A July 11
115
Mar 31
88
Sep
111
Jun
106% Oct
106
Feb
111
96
Dec
107% Jun
58% Feb
104
30
6
Jun
243/4 July 28
20% Nov
Apr' 15
147
July 28
110
14
111
Feb
26
102%
38'A Feb
10
Oct
May 21
24.
.'4--
■'
32
39
May
Apr
115% Jan
125
Oct
29
Oct
May
168% Feb
Oct
120% Mar
Sep
42% Jan
Volume 166
COMMERCIAL
THE
Number 4639
NEW
LOW
Saturday
Monday
Oct. 11
I per share
Oct
24%
*106%
21%
108 Va
108 Va
*106
107
30%
8
22
107 %
107%
107%
*107
10
10,000
61 Va
61 Va
300
3
3 Va
46'A
8
8
*84
85
8
28% Jun
200
5%
46
19%
—No par
30'A
5%
3 Va
84%
United Carbon Co
33%
30%
19 Va
62
3 Va
3
46 %
7%
*84
3
3 Va
26,400
46%
46
46 Va
2,800
18%
1,000
United Electric Coal Cos
3.9
400
39%
39
39
39 Va
39 Va
39
%
53%
54
54%
55 >A
557/a
55%
56 Va
55%
56%
11,700
23%
23%
23%
23 %
23%
23 Va
23%
23'A
23%
1,600
22,700
*38 Va
39 %
53
16%
108%
17 Va
17 Va
16%
16%
*106%
21
DAY
103
18%
11 Va
17
107 Va
107 Va
107
16%
17 %
17
102
102
102%
103
184 %
184 Va
185
*18
18%
18%
102%
*77%
16%
17%
*107'A
108 %
17 Vb
2,300
22%
13,800
22%
103 Va
18%
19'A
103
182
83
*80
19%
1.500
105
2,000
184 Va
United
19%
83
*80
U
*80
45
45
2,300
U
83
45 Va
5,300
U
9 %
8%
9%
£/%
8%
8%
8%
8%
3,000
U
37 %
3 7'/a
37%
37%
37%
37%
37%
37%
700
20'/a
20%
20'/a
21 Va
20;%
21'A
20%
21 l/a
20%
22
*9%
9%
*9 Va
9%
*9 %
9%
*9 Va
9%
*9%
43%
44 Va
44 %
46 Va
43%
43%
44%
44 %
44%
44'A
45%
45%
*53
54
*53 %
54
53%
53%
*53%
30
30
30%
32
32 Va
32 Va
32%
101%
101'A
101 %
48 %
48 Vb
49 Va
*101
46
*101
101 %
46%
*142
46 Va
143
400
69
75
74%
75 %
74%
76
74 Va
7518
53,900
144'/a
143%
143%
2,300
19%
1,400
19%
19%
19%
19%
19%
*18%
20 Va
-19 '/a
17%
17
70%
70%
18%
18
7 Vb
96%
96%
184
*180
8
*43
144%
143
19%
19%
11
8
11
Nov
13
Nov
109% July
29% Feb
107% Feb
11
93
Sep
132
May
Deo
*205
Sep
Apr
May 19
Oct
16
11
77
7%
7%
42%
*41
19 3
*19
*19
7 ',
4
*96 %
4
7 U
Va
18%
Rubber
8%
Co
9% Jan
U
S
Steel
Corp common
1,300
United Stores
500
7%
7,900
43
200
19 5
7ViB
100
8
7%
1,400
97
96
96
130
184
184
10
18%
18%
18%
4,300
70'/a
70
70 'a
70'A
70'A
140
18%
18 %
18%
13 Va
18%
1,500
$6
United
4%
Wall
cum
16
$4.20
68
2d
5
No par
Paper Inc
conv
pfd
2
common
preferred
50
140
4%%
100
Pictures
Co
Inc
1
com
preferred
Dec
17
35
Nov
60 % May
Feb
19
59
Apr
2
Sep
Dec
84
Jan
39%
Dec
Sep
106
Oct
48% Nov
00
Apr
Nov
187
Feb
100
36%
100
144
-
40'A
X72
65%
142
Oct
84%
Feb
Sep
89
Feb
Oct
97%
Feb
Deo
20% Nov
29 %
Jan
48% Feb
21
47
Nov
55%
Jun
10
9%
Jan
20%
Apr
Jan
13
12% Feb
21
Jan 27
109% Jun
18
100% Nov
10% Jan
30
7
Sep
17
41
Sep
3
42
Oct
May 17
2
May 20
15% Sep
69
Sep
Feb
19
8
165
166
Feb
23
4% Sep
7% Oct
16
Universal
9
8% Oct
4 % May 20
79% May 17
preferred
10
13
1
87o
Apr
Jan
1
Inc
Jan
5
Universal
Laboratories
Jan
13%
79% Feb
8
150
Mar 27
Universal-Cvclops Steel Corp
Universal Leaf Tobacco com—No par
Jan
44
25% Aug
11% July
19% Apr 29
44% May 1
6% Oct
May
13%
Sep
6%
81
May 19
102
62
Sep
25
51% July 28
Feb 28
May 19
61% May 19
1
non-c
37% Nov
11
38% May 17
25
preferred
conv
142% Jun
50
Corp
13
July 24
103% July 24
60% Feb 11
165
Feb 11
Jun 23
5
No par
Stockyards
98% Aug
73
50
preferred
Sep
46% Oct
40% Jun
100
non-cum
90
39
May 19
100
No par
U S Tobacco Co
15
10
100
Preferred
Feb
23% July 16
lo
U S Smelting Ref & Min com
Preferred
47%
9% Oct
7
100
preferred
Feb
53% Feb
22
common
1st
26
39
10
series A
6
94
16% Jan
187%
33% Jan
Aug 26
l
common
non-cum
104
18%
*69
S
United
19
17%
U
l'/o
184
*180
No par
pfd
3,300
7 %
No par
A
10
196% Mar 29
X41
Jan 13
5% May 19
25% Jan
3
No par
common
common
11
11
102'A
42:,4
600
7%
7%
104
*102^
1,700
44
*43
44
Va
18%
70 3 4
*18
•
17%
*69
19'/2
6 7'a
96%
184
*180
184
43
19V2
7'/a
96 %
7%
7%
*42
197/8
7
7
11
104
43
:;,42 '/4
96%
11
7'/a
7 "a
7 Va
IP 7
7%
*102
11 Va
102
43
44
7%
7%
11
20
*43
44
*42 "4
17 %
142 Va
48
143%
*180
7,700
69
143%
*6%
49
48
142%
96 Va
48%
69
142%
7
49
48 'A
102
101
17
49% May 24
23VaMayl9
69
142%
11 Va
32% May
28
Oct
35
48'A
73'/a
105
Oct
Jan
14% Sep
class
15% July
20
182
5
100
Chemicals
15%
Jan
86
20
Corp
23 % Oct
50
106
102
lo
69%
73 %
11
15% May 19
6
May 28
12% May 19
No par
20
49
69%
*101
Jan
Plywood Corp
69 Va
8 Va
22
110
Sep
Pipe dc Foundry
48%
72%
8
Oct
Oct
9%
Playing Card Co
69%
*43
12'A
104%
21
16
S
49
*69 %
44
17
12
19% Feb
Jan
S
144
69%
*43
19% Feb
110% Apr
12
S
143
143
43% Jan
104'/a Jun 17
100
Co
cum
105% Aug
21% Feb
Apr
Aug
preferred
3%%
12% Nov
53% Aug
U
40
71% Mar
30%
U
101
16% Aug
2
14
Dec
U
100%
Deo
Jan
Oct
100
32 7b
Jan
Oct
common
conv
Lines Co
8%
10
Sep
7%
56% July
18%
6,800
54
32%
102
48'A
U S
Oct
19% Oct
95
14
4,100
46'A
46
32%
Leather
3% Oct
44
May
34%
No par
preferred
Industrial
83
41%
No par
Machine
S
17% Apr
1
preferred
4 Va %
48
48%
Gypsum Co
S
40
2
10
Securities
S
Partic &
9%
*53%
54
23,800
*142
144
*47%
144
*142
*101
9
78
4VaJan31
10% Feb
Oct
Oct
Deo
6%
8
10
59% July 25
com
preferred
Hoffman
8
Jan
24% Jan
'
37%
42 %
Inc
Freight Co
S
Jan
100
Mfrs
S
4 % %
9 Va
42 Va
& Foreign
23%
Jan
54%
20% Sep 23
12% May 17
Paperboard
7%
U
*36%
42
S
Jan
119
19% Nov
53% Mar 27
15
447/0 Jan
13 Va
preferred
$4.50
U
83
11%'May 20
33
May 17
5
Deo
37%
17
Feb
8 "A Feb
6% May 28
78% May 22
No par
Mereh &
5%
United
160
19%
*181
19%
1
101
Highest
$ per share
1
33 Va Oct
2% May 19
5
Engineering & Foundry
2
32
10
45% Sep
...100
United Gas Improvement Co
80
20
103%
182
19%
105
19%
*103
103%
185
19
22%
23 Va
102 %
Corp
United Fruit Co
30
17 Va
17
104 %
103%
82
17'A
108 V4
17
19%
*182
18%
*78%
81
23
17 Ve
*107'A
104 %
19
103'/a
*180
17%
*102%
18%
18%
18 %
17%
107
22 %
22%
21Va
21
*101
COLUMBUS
United
55 Va Jun
5
Preferred
18%
18%
5
4% May 18
1
$3
Sep
16% Nov
22% July 25
26% Jap 15
_100
United Corp common
85
*84
19
preferred
preference
United Dyewood
23 %
*38
$3.50 convertible
4,100
8
7%
7%
85
19 Va
United-Carr Fastener Corp___No par
United Cig-Whelan Stores com—30c
14
28% Apr
120% Apr
4
5,100
32%
*61 Va
18% Sep
Oct
110
common—xlQ
9
5%
62
cumulative
100
t per share
25
18% Sep
30%
5%
Inc
16% May 19
103Va Jan 15
No par
33
46%
19%
4 %%
preferred
Lines
Air
,
3,100
31
5%
convertible
Year 1946
Lowest
$ per share
2
*29
5'A
*83%
5%
United
5
common
101% Sep
30'A
30 %
5%
*61 Va
United Aircraft Corp
$ per share
preferred—_100
30%
30%
30 %
Range Since January I
J
Highest
Lowest
United Biscuit Co
21%
30%
Range for Previous
STOCK
Par
200
108
21%
21'A
8
8
19
19,300
*107
108
YORK
EXCHANGE
600
22 Va
21%
21%
21Va
62
109 3'4
*108
22%
16,400
22
21
46 %
84%
19
109 Va
22%
3
Va
47
*83 Va
109%
109'A
21'A
24'/a
23%
NEW
Shares
$ per share
share
24%
109 %
*61 Va
62
3
$ per
21%
5%
5%
3
the Week
108%
*28
30
RECORD
Sales for
Oct. 17
23%
30%
30 Va
*46%
25
23%
20%
20%
*61 VB
$ per share
(1595)
STOCKS
Friday
Oct. 16
107'
20%
STOCK
Thursday
Oct. 15
21
21%
YORK
PRICES
Wednesday
14
25
24%
5%
.
I per share
24 %
*28
SALE
Tuesday
Oct. 13
t per share
HIGH
AND
& FINANCIAL CHRONICLE
52
Feb
22
.
18%
Deo
Feb
7
11% Feb
10
8
Deo
102 Va Sep
8
91
Nov
192
7
187
29% Feb
3
91% Feb 13
25
9
30
Mar
128
Jan
11% July
July
27'A Feb
54
22
Apr
Jan
May
110%
200%
Nov
49%
Jan
77% Deo
Apr
101
Apr
V
15%
15%
15%
15%
16
16
16
15%
16
1,200
13% May 17
14% May 21
22
*15%
Vanadium Corp of America__No par
Van Norman Co_,
2.50
*33%
34
33 V2
34
34
34%
35
35
34%
34%
1,200
Van
10
30% May 17
41
13%
13%
13 7
14 'A
14'A
14%
14%
14%
14%
14%
6,400
Vertientes-Camaguey Sugar Co__6%
30'A
30 V4.:-
30%
1,200
VickChemical Co
a
.
30
30
30
30
30
30
*84
88
*84
87
*84
89
*84
89
*84
88
*85%
87
*85'A
87
87
87
*85'A
90
*87
90
46
*45
47
*98
101
COLUMBUS
*98
100
DAY
9%
*98
9'A
105%
16%
16%
16%
118%
118 Va
'
*118
118%
118%
*115
120
35 %
35
118'/a
121
*115
35 Va
V4
100
10 Va
16%
16%
16%
100
108 Va
9%
*107
107
*99
100%
*98
10Va
107
47
46%
46%
100
*98
9%
107
121
*115
35%
35'A
35%
46%
*96
*96
9'A
46%
46%
98 %
97
97
99%
*95
9
%
105%
16'A
16%
118 Va
118%
35'A
100
46%
105%
*115
30%
121
130
98
9%
9'A
8,700
105
105
16'A
118
16 3
600
10,100
8
110
118%
*115
35%
1,000
37
2,600
33
33
33
32 Va
33
32'A
32'A
32
33
2,200
31
3 2'A
32'A
32 %
33%
33%
34'A
34%
34%
1,400
*31%
32 V4
32
32%
*31%
32 Va
*91%
32
32
32
*31%
33 %
33%
*31%
33%
*31%
33%
*32 Va
31
*31%
LOW
AND
HIGH
Saturday
Monday
Oct. 13
SALE
Oct. I t
I per share
$ per share
$ per
210
33%
Oct
25%
Apr
35
Nov
58'/a Apr
12% May 19
20% Jan
2
15%
Sep
2.50
28
Sep
15
39
Feb
6
30
Oct
26%
51%
Vicks Shreve & Pacific Ry com__100
5% non-cum preferred
10o
85
Oct
8
94% Feb
20
83%
Oct
113
May
13
91%
Nov
115
Feb
Sep
53
May
108% Aug
Victor Chemical Works common
3%%
cumulative
$ per share
preferred
5
100
86
Oct
2
35% May 19
97
Oct
17
Feb
Jan
94
7
49% Aug 18
104% May 14
Friday
Virginia Elec & Pwr Co com—No
par
15
Sep 22
100
117
Sep 30
121
100
85
Aug 25
35% Oct 14
121
Oct
1
80
Jan
45
Feb
21
40
Dec
40
Jan
17
37
Sep
32% Nov
$5
preferred
Iron
Coal
&
Coke 5%
Virginian Ry Co
6%
pfd
25
common
preferred
25
cumulative
preferred
—
the Week
$ per share
NEW YORK
Apr
10% Oct
9
5%
Dec
12%
108% Oct
9
63%
Sep
99% July
16% Oct
14
Feb
5
32
Oct
17
5
31
Oct
10
38
Feb
20
32
33
32
Sep
117%
Dec
Jan
123% Apr
Apr
53
July
105
Aug 13
30
July 28
Aug 21
17
45% Jan
52
Apr
15
Range for Previous
STOCK
Range Since January 1
EXCHANGE
Year 1946
Lowest
Shares
$ per share
Jun
—
5% May 19
May 19
20
Visking Corp (The) class A
Vulcan Detinning Co common
Sales for
Oct. 17
Dec
69
STOCKS
Thursday
36%
100
3 % (i'o preferred 2nd series
100
Va-Carolina Chemical com—No par
6% div partic preferred
100
7%
Oct. 16
Oct. 15
share
Feb
is y8
13
PRICES
Wednesday
Tuesday
Oct. IL
*31%
39
15
Feb
Va
122
3 5'A
17% Nov
18% Feb
Raalte Co Inc
Par
Highest
$ per share
$ per share
Lowest
$ per share
Highest
$ per share
W
70
70
69%
*67
*15%
16
*15%
16%
16
16
16 Va
16 '
8
*15%
•33%
33%
33%
33%
33%
33%
33%
33%
33%
103Va
IO31/2
*68
*68
*68
68%
70
100
16'4
33 3
Wabash
RR
200
68%
Waldorf
System
2,600
4
100
Walgreen
4%%
Co
preferred
103 Va
103 Va
22 Va
22%
22'/a
23'A
23
23'A
22%
23
22%
23
6,000
Walker
10%
10%
10%
11
11
11 »/a
10%
11
10%
11
7,800
Walworth
11'A
11'A
11'A
11%
96%
11%
96 V4
11%
*95 %
96
96
Ward Baking Co common
5 % %
preferred
*102 %
103
♦95%
13%
13%
13%
14
13%
14%
25
25
25'A
25 %
25%
25%
41'A
41 %
41%
42%
42 'A
42%
105%
105%
107 'A
107%
105
108
*22%
23 'A
21%
*23'A
35%
35%
*7'A
7%
47%
47%
*86%
11%
11%
11%
12%
5,400
95%
95V2
951/2
95%
70
14%
14%
14%
37,700
2 6 Va
*25%
26%
900
42%
44%
44%
47%
11,100
107'/2
111%
111%
118
4,100
22%
23
700
21'A
21%
24%
24%
400
35'/2
600
14'/a
*26
23
22%
23
221/4
2i%
21%
24
2.4%
35
24%
24
24
35 %
35
35%
*35V2
104
104
22
22 Va
24
35
22
♦23'A
105
23
23%
22
*22 %
*103
*35
1,600
4%
preferred
(Hiram) G & W
Warner
No par
Bros
Pictures
preferred
100
Gas Light Co
No par
99
Sep
conv
7»4
1,000
Webster Tobacco
46%.
2,300
Wesson Oil & Snowdr com—No par
86%
60
26%
x24%
251/2
7,600
$4
conv
25
26 Vb
27
26
West
Indies
112
112
*111%
112
112
112
112
112
50
West
Penn
116
116
Xll5%
117
116
116
1161/4
116%
160
1%
110
110
110
109V2
109%
30
6%
1121/2
112
112%
210
46
47
461/a
1,900
*109
111
111
8%
47%
8%
8%
47%
49
8%
51 Va
45%
*110
8%
111
*110
8%
8'A
51%
50%
6%
6%
67/a
51
111%
46
Va
111
8%
51
*45%
10
111
111
8V4
1,800
8'A
6%
7
21%
31
COLUMBUS
81
DAY
21%
21%
-21%
20%
31
31%
*31V2
32%
*31%
32'A
83
*79
81
*79
81
-
"
'
6%
21%
21%
31
7
*79
21
35%
35%
35%
35%
36'A
35%
28%
28%
28%
29V4
28%
291%
29Va
29 Va
29
36%
29%
98
99
99
99
260
103
103
103
1,000
38
700
34
1,800
98
98
*96
103%
102
103%
*36%
37%
33
37%
33
33
991/4
99%
102%
*1021%
103%
37%
37%
98
33%
33%
94
*93%
93%
93%
74%
*93%
*70
*69 %
7'4 V2
*69%
*101
102
*101
48%
•95%
29 Va
48%
97
•12%
50
*95%
48%
97
101
34
94
74%
101
50%
50%
95%
96%
*30
31 'A
102%
37%
37%
*37'A
*100%
1011/2
50
7,000
*99%
102
50
51 Va
49%
50%
96%
96%
97
97
*30
30%;
cpm__
A
90
Elec
Instrument—
Westvaco Chlorine Prod—
Common
$3.75
Fpr footnotes
see.
page 24.
32%
100
9%
6,800
Nov
63
Aug
72
Jan
13
100
Oct
106
Jan
51% Oct
16
107% Jan
Jan
Feb
3
81% Sep
8%
9'A
98
Feb
May
$4
32%
1
44
*87%
*32%
9%
Aug
44
Sewing Machine
33
36
102% July 18
67
Apr
9
11% Nov
White
91
26
May 14
93
Oct 16
62% Mar 27
99
May 2
Dec
63 % Jun
1
3,700
*87
—No par
55
17% Feb
137/a
8%
S3
May
1
9% May 19
84
July 31
29% May 13
13%
•32%
Deo
39
2
Oct
Aug 15
Jan
1
14
33%
8%
91
Jan 24
Jan
30% July 28
Feb
13V4
8%
105
Aug 20
106% July 21
_12%
Apr
27%
13%
8%
21% Nov
41% Jun
39% Jan
21% Nov
13 %
*32%
Oct
7
13%
8%
26%
36% Oct
Jun
8
13
33%
53%
56%
Feb
Motor
♦8%
Oct
17
17
34
White
•32%
18%
26% Sep
May 19
27% May 19
22% May 19
17
32% Jan
101
29% Feb
2,500
91
Oct
May 28
27%
*87
Sen
71
90
19% May 19
27%
91
Sep
27
11
Jan
1
28
91
33%
14
18
Mar 29
5
Jun
74
35
90% May
13% Jan
May 19
27%
*87%
11
42 % Feb
27'A Sep
Jan
5% Sep
94
28
91
21% Oct
-100
No par
100
67
20% May 19
30
27%
*87%
3
31
30%
26%
13
116% Apr
Wheeling <fc L Erie Ry com——100
5%% conv preferred
100
Wheeling Steel Corp com
No par
$5 conv prior pref—No par
White Dental Mfg (The B 6)„i—20
28
300
113
6
No par
preferred—
30
»/a
119% May
53 % Jun
7% Feb
35
— --
32% Nov
75% Jan
93
280
14
38'% May 19
4
May 16
9% May 17
102
74%
117% Aug
Oct
Oct
7% Deo
100
93%
Sep
47
111% Sep
.12.50
93%
*33
Apr
Aug
122% Feb
4
—100
*691/4
45
119
27
Weston
34
29
Jan
Westipghouse Electric com,
3%% cum pfd series A
3.80% cum pfd series B
72%
2
43% July
89% Aug
10% Jan
26,100
93%
May
34% Jan
Sep
Sep
5% May 19
Western Union Teljeg class A_No par
Westinghouse Air Brake-—-No par
33%
85 Va
Feb
1
10,800
9,400
93
*691/4
RR
series
30
29%
27 Va
27
102
38
31%
4
34%
100
1,600
35
2
Feb
106
1,600
35 Va
Apr
Apr
90
113%
21%
35 Va
16%
9% Sep
48
14
311/2
25%
Jan
116% Aug 19
21
25
Sep
47%
112% Jan
Auto Supply Cq_:
Maryland Ry com
non-cum 2nd pfd—
Pacific
29%
Sep
9
preferred
Preferred
Oct
32% May 19
109 % Aug
8
30%
4%
May 17
Sep
31
6
Western Air Lines Inc
Western
6
20
20%
111% Oct
100
26'A
22
105
u_10
251/4
Jan
100
Western
25%
27
100
pfd
Western
25%
35 % Mar
22% Apr 28
Sep
Sep
3,000
25%
Deo
17
Jan
3,700
24%
Dec
25%
Oct
108
50%
25
39
118
115
~7Va
24%
Jan
Jan
14
67/a
81
50
18%
117% Mar 11
50%
*79
Oct
17
121% Jan
1
class
18% July
107% Feb
23% Aug
47% Oct
13
113% May 14
Corp
West Penn Power 4%%
'
6%
Sep
100
Sugar
Electric
West Va Pulp & Paper com__No par
4 %%
100
A—No par
preferred
112
Jun
xl 1% Mar
37% Jan 16
83% May 22
21% May 19
110% Jan
3
No par
preferred
46 V4
•77
5
preferred
113%
•109
Inc
Oct
20%
Nov
7
7'A
46%
*86%
29%
Oct
16%
12% Jan
7 "A
Nov
9%
22
7
4
86 7 b
23%
31
8
47V4
105
Feb
Jan
28
18
7'A
111%
18% Feb
7
Feb
86%
46%
13
26% Feb
46%
112%
19% Feb
106% Mar
41
7%
46 Va
Mar
23% Feb
1
87
112%
111
3
17% May 20
110
46
Apr
13% Feb
20
Sep 30
30% May 23
25
*112%
Apr
5
47Va
*109%
54
5
Knitting Mills
Wayne Pump Co
7%
110%
23% Jun
Wayne
46%
109 %
80
Oct
Dec
Waukesha Motor Co
*86 Va
*
Sep
15%
July 17
24% Jan
7
9
Jan
86%
26%
13% Sep
80
33%
109
May 21
94% Sep 23
31
com
47'A
7%
11
18
11
36% Feb
xl7% May 14
7% May 19
5
cum
Washington
75% Feb
17% Jan 25
May 14
86%
7'A
Apr 10
13% Apr 21
29% Apr 30
103% Mar 17
21
112
110
5
57
No par
116
24%
116
1
_100
47
87
*111%
100
No par
Co
Warren Foundry & Pipe
Warren Petroleum Corp
3%%
100
No par
No par
common
Co
com
preferred——i—No par
Prior preferred—
—20
Wilcox Oil Co—
—5
conv
5% May 17
103
101% Mar 31
90
,
'
34 " Feb 13
9% Oct 16
36% Nov
62 % Hay
90% NOV
107% July
30
Nov
5% Oct
23% July
103
July
36
May
12% Jan
23
24
COMMERCIAL
THE
(1586)
Monday, October 20, 1947
CHRONICLE
& FINANCIAL
NEW YORK STOCK RECORD
Saturday
S
Monday
Oct. 11
share
per
per
9%
60
*
141
135
14%
141
135
15
14%
15
95
"94%
17%
140
-135
140
68
68
15%
14%
*94%
18
*135
17%
95
18
14%
95
*17%
17%
60%
CO
17%
95
17%
17%
10
135
135
67%
*66%
900
7,100
3,600
40
63%
63%
66%
66%
68
68
47
47
47%
48
47%
48
48
48%
47%
48%
61
61%
61
63
63
63%
63%
65%
64
65
*84%
86
*84%
86
85
85
*84%
*92%
95
*93
95
93%
95
94%
64%
11
67
11
66%
67%
10%
COLUMBUS
11
DAY
66
2,000
*10%
10%
10%
11
10%
68%
66%
*66%
66
70
160
93%
93
68
x66
70
68
64%
67%
94%
67
65%
*66 %
64%
67%
85%
*84%
86
Willys-Overland Motors com
1
$4.50 conv pfd series A
No par
Wilson & Co lnc com
No par
$4.25 preferred
No par
Wilson-Jones Co
10
Wisconsin El Pow Co 6 % pfd—100
Woodward Iron Co
lo
Woolworth (F W) Co
10
Worthington P & M (Del)—No par
Prior pfd 4%% series
100
Prior pfd 4%% conv serieS-__10D
Wright Aeronautical
No par
Wrigley (Wm) Jr (Del)
No par
Wyandotte Worsted Co
5
1,600
11
$ per share
6% May
51% Sep
10% May
94% Oct
16
Jun
135
Oct
43
Jan
43
May
48% May
13% Feb
17
10
19
11
27
17
62
11
Oct
$ per share
Nov
21
Jan
26%
Sep
9
3
12 ye
99
28
95%
19% Mar 18
15%
July
July
Sep
Oct
101
142
Mar
160
Jun
34
Feb
52
May
43%
Sep
Sep
62 %
47
May
Aug
3
Jan
84%
Sep
100
Apr
103
May
145% May 19
68
Oct
53
Feb
1
68% Feb
19
19
Jun 11
Jun
9
83
$ per share
15 % July 24
2
Highest
Lowest
Highest
$ per share
Par
27,700
1,000
17,700
200
400
9%
9%
10 %
60%..
Year 1946
January 1
Lowest
Shares
$ per share
*94%
14%
94%
.
9%
GO
61
61
95
14%
14%
94%
the Week
10%
9%
10
59%
GO
Range Since
NEW YORK STOCK
EXCHANGE
Sales for
Oct. 17
$ per share
$ per share
$ per share
share
Range for Previous
STOCKS
Friday
Oct. 16
Oct. 15
Oct. 14
£%
9%
*58%
*17%
$
'
Thursday
Wednesday
Tuesday
Oct. 13
PRICES
SALE
HIGH
AND
LOW
•
15
13
94% Apr
100
Feb
20
8 7'/a
Aug 14
Sep 10
May 17
80
Feb
8
75 Va
6
59%
Sep
Dec
Oct
10
13 V4
Dec
33% Aug 28
45
io% May 19
41
May 19
14% May 19
Feb
21%
74
50% Mar 31
84
59
63
8
70% Mar
18% Feb
Feb
106
82 V2
Apr
25%
Jun
Y
*36%
37%
38
38
38%
38%
38
38%
38
38%
14%
14
14%
14%
14%
14%
14%
14%
14%
P 5°0
*45%
43
45%
46
45%
45%
45%
45%
45%
*17%
18%
13%
18%
18%
19%
19%
20%
2o-/4
46
2o%
b.^oo
75%
76%
77 %
79 %
78%
79%
78%
79%
79
C'0%
21.800
18
18
18 %
18%
18%
18
18
18
18%
23
23
24%
23%
24
23%
23%
23%
7
7
7%
6%
6%
Yale & Townc Mfg Co
York Corp common
4%% cum preferred
Young Spring & Wire
1,200
13%
*17
22%
7
ortres
u«i
nhis
m
shjht
receivership
tin
day.
7
6%
7%
•>
May 17
23%
4,400
Zenith
Radio
Dei
42%
Jan
4,800
Zonite
Products
14% May 19
5% Jun
5
19 %
6%
10% Jan
Sep
14%
Ap»
k
r
Casn
suit
Bonds
Special saleb
s
1
wd When
$20,192,600
25
July
7
9
31
>-Ex-ngnii>
x-Ex-divtdends
distributed
Stocks
Saturday
Monday
32,000
87,000
~3~ooo
4.613,000
Wednesday
455,205
610,000
162,000
274,000
26,000
5,000
4,451,700
Thursday
344,930
499,000
110,000
$1,570,500
$180,000
$14,000
$21,957,100
384,080
445,000
26,000
1,725,990
$2,074,000
$419,000
Friday
Total
7,538,895
6,812,210
194b
1947
1940
1947
1,570,500
1.27T560
62,242,320
65,834 200
20,192,600
24,452,000
721,913,300
1,016,794,900
$803,897,620
57,013,724
118,327,010
$1,088,000
$67,350,000
$56 863,000
419,000
192,000
16,000
5,524.000
9 828 0»0
$73,337,000
$67,124,000
Foreign government
Foreign corporate
$2,493,000
Total—
$^,101,109,100
k
2,059,720
shares
Domestic
18,738,000
$26,014,000
1,725,990
$2,074,000
of
Bonds
$18,480,000
$3,004,000
$291,000
180,000
Jan. 1 to Oct. 17
1947
1Q46
1946
1947
Bonds
$21,957,100
$2,493,000
Week Ended Oct. 17,1947
299,178,661
196,383,381
Stocks—No.
$14,000
—
Jan. 1 to Oct. 17
Week Ended Oct. 17,1947
International Bank
509.000
772,000
609,000
471,000
113,000
396,000
420,510
369,500
447,000
U. 8. Government
Total
$132,000
$8,000
(Columbus Day) Holiday
$124,000
121,265
Tuesday
5,591,400
Domestic
Shares)
Foreign
Corporate
Foreign
Government
of
Week Ended Oct. 17, 1947
6,066 000
5,000
Bonds (Par Value,
(Number
$1,235,000
$1,000
$30,000
(Columbus Day) Holiday
6,812,210
Railroad & Industrial
No par
Corp
Sales
Total.
Foreign
Corp
Transactions at the New York Curb Exchange
Bonds
Friday—
Stocks—No. of shares
15
Daily, Weekly and Yearly
5,000
Thursday
2,800
83% May
31
Jan
Bond
406,000
Jan
Sep
jr,
$74,000
7777777—
-
-
Wednesday
35 V2
Nov
Total
5,650,000
5,1S9,9G0
4,076,000
4,146,700
Tuesday
Oct
)f
Government
1.807,620
1.929.440
1.399,610
1,268,15,0
Monday
15%
57%
United States
$1,130,000
Jan
7
Feb
17
Bank
407,390
Saturday
23
21
Bonds
Bonds
Shares
July
27 V»
80% Oct
Int'l
Number of and Miscel.
1947
61 %
NOV
21% Feb
Foreign
Railroad ^
Oci
13 V4
3
11
53% Mav 17
Exchange
Daily, Weekly and Yearly
Week Ended Oct. 17,
No par
33
Jan
16% Feb
Youngstown Sheet & Tube___No par
Youngstown Steel Door
No par
»>.
t>-»«rre.
Transactions at the New York Stock
Stocks,
1,000
25
1
50
433,000
$1,296,000
;—
T-r■■■*
Bond Record
'V..
New York Stock Exchange
<o>
FRIDAY
NOTICE—Prices
the
week,
Income and defaulted bonds.
"and interest"—except for
are
WEEKLY
-
-
YEARLY
the only transactions of
computing the range for the year.
Cash and deferred delivery sales are disregarded in the week's range, unless they are
and when outside of the regular weekly range are shown in a footnote in the
italic letters in the column headed "Interest Period" indicate in each case
The
week in which they occur. No account is taken of such sales in
tbe month when the bonds mature.
Figures after decimal point represent one or more 32d of a point.
LOW
Saturday
Oct. 13
Low
100 4
Low
High
High
100 28
*106 7
106 9
*112.7
112.9
111 22
*113.6
113.8
*114 21
114 23
*101.17
101.19
*103 12
103.14
*104.14
1C4.1S
*104.22
104.24
*106.26
106 28
*104.20
104 22
*104 2
104 4
*163.21
103.23
*103.20*
103.22
*103.19
103.21
103.17
103.17
*102.16
102.18
*105.21
105.23
*102.16
%2.18
COLUMBUS
DAY
*104.30 105
*103.23
103.25
*107.13
107.15
*105.3
105.5
*102.3
102.5
*102.3
102.5
*100.6
100.8
*100.14
100.16
*101.12
101.14
*101.13
101.15
*101.18
101.20
*101.21
101.23
*101.26
101.28
*102.2
102.4
-
*102.13
102.15
102.24
*102.27 102.29
*105.13
*100.16
105.15
100.18
Thursday
Oct. 16
Low
High
*113.5
*114.19
*101.16
*103.11
*104.12
*104.20
*106.23
*104.13
*103.28
103.14
103.13
103.12
102.12
105.18
102.10
104.31
103.23
107.14
105.1
*103.14
*103.13
*103.12
*102.11
*105.21
*102.11
*104.28
*103.21
*107.12
*105.1
*100.29
*
113.9
114.22
101.19
103.13
*104.12 104.14
*113.7
*114.19
*101.17
*103.11
*104.12
*104.21
*106.25
*104.16
*103.30
*103.18
104.23
106.27
104.18
104
103.20
*104.20
*106.24
*104.15
*103.28
*103.17
103.16
103.15
103.14
102.13
105.23
102.13
104.30
103.23
107.14
105.3
*103.16
*103.15
*103.14
102.16
*105.26
*102.15
*104.29
*103.22
*107.12
*105.4
103.18
103.17
103.16
102.16
105.28
102.17
104.31
103.24
107.14
105.6
*103.15
*103.14
*103.13
*102.10
*105.24
102.15
*104.29
*103.21
*107.12
*105.2
103.17
103.16
103.15
102.12
105.26
102.15
104.31
103.23
107.14
105.4
*102
102.2
*102
102.2
*100.5
100.7
*100.13 100.15
*101.11 101.13
*101.11101.13
*101.17 101.19
*101.20 101.22
*101.24 101.26
*102.3
*102.3
*100.5
*100.13
*101.11
*101.12
*101.17
*101.20
*101.24
102.5
102.5
100.7
100.15
101.13
101.14
101.19
101.22
*102
*102
*100.5
*100.13
*101.11
102.2
102.2
100.7
100.15
101.13
—
*101.12 101.14
*101.17 101.19
*101.20 101.22
—
101.26
*101.24 101.26
—
102.3
*102.1 102.3
102.13
*102.11 102.13
102.20 *102.18 102.20
102.21 *102.19 102.21
102.26 : *102.24 102.26
105.13 *105.10 105.12
100.18 *100.16 100.18
*102.1
*102.12
*102.18
*102.21
*102.25
*105.10
*100.16
102.3
102.14
102.20
102.23
102.27
105.12
*102
*102.11
*102 18
*102.20
*102.24
*105.10
*100.16
*104.22
*107.14
*111.21
*100.25
*106.4
*112.7
113.7
114.21
101.18
103.13
104.14
104.22
106.25
104.15
103.30
*103.15 103.17
*113.7
*114.20
*101.17
*103.11
.
*
100
480-;»nr)
asked
100.18
*112.8
,
price.
No
sales
104.24
107.16
—
111.23
100.27
106.6
112.10
—
—
___
113.9
114.21
101.19
Treasury
Treasury
Treasury
Treasury
Treasury
—
103.13
104.14
104.22
106.26
104.17
103.30
___
—
—
—
'
—
103.19
—
—
—
1,000
3,000
—
5,000—
—
—
-
—
—
102.2
102.13
102.20
102.22
102.26
105.12
100 18
—
-
_
___
100
*100.26 100.28
99.12
99.12
99.2
transacted this day.
99.12
a
*100.27 100.29
99.3
99.7
99.1
99.8
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
„
*100.27 100.29
99.2
99.6
51,000
99.16
129.000
99.14
1947-1952
1949-1952
1951-1955
1955-1960
1948-1951
1951-1954
1956-1959
2%s
2%s
2%s
2%s
2%s
2%s
2%s
2%s
2%s
2%s
-1958-1963
1960-1965
-1948
1949-1953
-.1950-1952
1952-1954
1956-1958
1962-1967
1963-1968
June 1964-1969
2%s
2%s
Dec. 1964-1969
1935-1970
2%s
2%S
2%s
2%8
2%s
2V4s
2V4s
2V4S
2V4s
2V4s
2s
2s
2s
2s
2s
2s
2s
2s
2s
2S
2s
28
2s
1%S
l%s
1966-1971
June 1967-1972
Sept. 1967-1972
Dec. 1967-1972
1951-1953
1952-1955
1954-1956
-.-1956-1959
June 1959-1962
Dec. 1959-1962
1947
March 1948-1950
Dec. 1948-1950
.June 1949-1951
Sept. 1949-1951
--Dec. 1949-1951
March 1950-1952
—Sept. 1950-1952
1951-1953
1951-1955
June 1952-1954
Dec. 1952-1954
1953-195^
—1948
1950
Range for Previous
Year 1946
Range Since January 1
Lowest
Highest
102.13 Feb
4
104.25 Sep
30
Lowest
102.22 Jan
106.6
Feb
fl
Odd lot transaction, r Registered bond transaction.
Reconstruction & Development
10-year 2V4S-1957
25-year 3s
1972
llThis issue being redeemed on Oct.
104.14 Jim
Highest
104.27 May
21
107.20 Oct
3
4
110.3
Jun
111.18 Fftk
111.23 Sep
22
112.6
Feb
3
112.21 Aug
115.26 Jan
July 24
102.6
Feb
4
102.11
102.12
Dec
Feb
101.8
108.21 Feb
Dec
Dec
109.22
Aug
115.23 Apr
113.3
106.13 July 24
107.5
113.12
106.13 July 24
No*
113.3
NOT
114.8
May 14
114.8
May. 14
118.15 Mar
118.23
Feb
104.12
Feblir
104.12
Feb~21
106
106~
Apr
Apr
106 16 Mat
107 15 Jan
105.29 Aug
107,5
Jan
Jun
108.4
Jun
108.4
104.24 July 14
104.24 July 14
105.22 May
107.27 Apr
Nov
107.4
Tap
107.9
104.14 Sep
2
104.23 Feb
14
104.7
104.4
2
104.18 Apr
30
103
0
104.4
Jan
13
102.22
jul
107.19
9
102.11
Jan
107.9
12
102.11
Jan
107.10 Apr
Jan
106.15
Jan
103.29 Jan
104.2
Jan
30
104.10 May
104.15 Apr
Apr
Apr
Apr
Apr
103.17 Oct
11
102.12 Oct
14
2
105.17 Jun
9
2
101.16
105.17 Jun
106.28
Apr
109.15
Feb
102.20 July 30
103.19 Apr
10
101.15
Jul
106.10
Apr
103.20 Apr
106.15 Aug
108.17
Apr
106.15 Aug
108/17 Aug
Sep
30
Jan
6
102.24 May 14
100.29
Jan
104.16
8
101.4^
Jan
104.7
Apr
102
Apr
Apr
Apr
Dec
102.8
Dec
103.9
102.6
102.5
Aug
Sen
102.8
7.
104.22
102
105.17 Feb
JaD
103.9
Jan
103.7
Tar
105.18 Sep
102.24 May
102.12 Apr
102.12 Apr
102
102.6
July
8
9
107,14 Apr
,
10~3~22
May 27
(■
102.lb
uci
104.3, Mar
102.20
Oct
104.14 Jan
103.13
May
103.13 May
102.14 Nov
104 26 Feb
102.30 Apr
24
24
103.1
13
103.2
Jan
102.28 July 21
24
103.4
July 21
102.22
Not
104.29
PeD
IOT.31
Mar
102.17 Mar
100.30 Apr
9
101.2
Jan~29
101.14 May
100.30 Jun
23
101.8
Apr 26
101.3
99.2
Oct
17
102.00 July
99.1
Oct
16
103.4
15 at par.
"~~
102.23 Apr
102.28 Jun
July 22-
Feb
102.25 Apr
9
12
Apr 26
102.4
102.23 Apr
International Bank for
i
*100.28 100.30
100.4
100,31
100.4
1C0
EXCHANGE
UTreasury 4%s
Treasury 3%s
Treasury 3s
Treasury 2%s
Treasury 2%s
Treasury 2%s
Treasury 2%s
* 104.22
*107.14
*111.21
*100.25
*106.4
104.24
107.16
111.21
100.27
106.6
112.8
*104.22
*107.14
*111.19
*100.25
*106.4
"112.6
3j
im..
NEW YORK STOCK
Bonds ($)
—
-
iiibumi
GOVERNMENT BOND!
Bales f01
Friday
Oct. 17
Low
High
104.24
107.16
111.23
100.27
106.6
112.9
*101.30 102
*101.30 102
*100.5
100.7
*100.13 100.15
*101.11 101.13
*101.12 101.14
*101.17 101.19
*101.20 101.22
*101.24 101.26
*102.1
*102.11
*102.18
*102.19
? *102.24
*105.11
*100.16
102.21
*102.22
113.7
114.21
101.18
103.13
104.15
104.22
106.24
104.14
103.29
103.15
'
*
*102.19
100.5
104.24
107.18
111.21
100.27
106.8
112.8
*103.12
*103.11
*103.10
102.12
*105.16
*102.8
*104.29
*103.21
*107.12
*104.31
107 19
*100 26
PRICES
Wednesday
Oct. 15
Low
High
*113.5
*114.19
*101.16
*103.11
*104.13
*104.20
*106.22
*104.12
*103.27
*103.13
1C4 25
*107*17
*111*20
SALE
HIGH
*100.4
*104.22
*107.16
*111.19
*100.25
*106.6
*112.6
100.5
*104 23
AND
Tuesday
Oct. 14
Low
High
Monday
Oct. 11
15
July 15
Volume
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4639
166
YORK
NEW
''RANGE
Last
or
Period
Sale Price
Liu
Stock Exchange
York
u
i\
Low
108%
114'/a
New
York
25-year
Corporate Stock
108%
15
108% 108%
Stock
Week's Range
Last
Period
Exchange
Sale Price
or
Friday's
Bonds
Bid & Asked
Range Since
January 1
Sold
Low
Copenhagen
J-D
Interest
High
York City
.1980
17
BONDS
January 1
No.
High
(City)
5s
External
loan
82
M-N
M-S
85
H
79
82
6
78
16%
4
16
2
16%
1949
1914
82 Va
84%
M-N
1951
(Rep of) 7s
(Republic of) 5s of
J-D
1953
;
High
102% 102%
1952
gold 4%«-
ACosta Rica
Cuba
25
RECORD
OCTOBER
Range Since
Sold
aG(1
Unification issue—
Trenail
3%
ENDING
Friday
Bonds
Friday's
Low
New
BOND
Week's Range
Friday
Interest
BONDS
New
WEEK
FOR
(1597)
'82
16 y4
No.
Low
High
97'/8
96'/a
20'/a
102%
102 Va
4%s
4%s external debt
1977
J-D
1UU-/8
104%
114%
4
Sinking fund 5%s
1953
J-J
107%
111%
116 Va
107% 107%
2
A-O
lot/a
115
107 Va
115
1
112'/a
115%
113
115%
1949
ACzechoslovakla (Rep of) 8s ser A-1951
ASlnking fund 8s series B
1952
8tamped assented (int reduced
to
6%)
6s
1942
External
Wertheim & Co.
Members
gold
REctor 2-2300
120
4s
Broadway,
New
T eletype
NY
York
3s
extl
AEstonla
1-1693
French
AGtd
sink
fund
bs
AGtd
sink
fund
6s
Akershus
1947
SAAntioquia
(Dept)
SAExternal
coll
7s A
F-A
*57
A-O
*57
1968
4s
M-S
*91
79
83
61
97%
..1945
J-J
40%
40%
1945
J-J
41
37 %
41
7
105%
25%
46
s
f
7s
I AExternal
s
f
7s
series
C
1
26%
§ AExternal
s
f 7s
series
D
1945
J-J
40
40
1
24
1957
A-O
40
40
3
21
45
2d
series__1957
ArO
41
41
41
16
19%
f 7s 3rd
series—1957
A-0
AAntwerp (City) external 5s
1958
Australia (Commonw'lth) 5s of '25-1955
J-D
100
100
J-J
100
AExternal
sec
AExternal
sec
10-year
f
7s
f
s
s
7s
1945
37
J-J
18
37
38%
40
25
6
100
45%
84
99%
F-A
93%
92%
93 %
16
92%
1957
J-D
92%
92 %
92
%
80
91%
J-D
90%
89%
90%
50
87%
20-year 3%s
1966
J-D
91%
91%
28
90%
F-A
88%
External
89%
56
104%
104
12
88
102
1955
J-J
107%
107% 107'%
11
106
J-D
115%
115% 115 Va
15
1077/a
8s
1941
j-d
*63
--
56
—
1978
J-D
A-0
8*
1979
*50
64%
A-0
A-0
'56
63%
52
44
64%
Series No.
j°/48
51
J-D
14
—
43%
63
55
—
63
51
1
64
63
44
54
53
53
5
External
58
58
17
56"
60
3%s Series No. 4
3%s Series No. 5.
*55
58%
33/4s Series No. 6
*65
58%
„
58%
65
*65
11
51
12
*56
1945
1942, agree_1963
1954
1942, agree_1968
-.—1945
1942, agree_1963
40%
M-N
98
105
2
104
40%
16%
9
74 %
9%
J-J
7
15%
74%
2
105
1U4
9
5%
40 %
lOO'/a
12
1
29
15
9
9%
8%
9%
16%
18%
45
9
—
--
9 Va
—
—
Q-J
Q-J
*15%
J-J
*10
—
J-D
*7%
—
*
J-J
—
6 Va
17%
11%
11%
__
7 %
15%
11%
10
—
J-J
*9 Va
J-J
1942, agree. 1963
7
--
J-J
1933
J-J
f
s
6%s
s
to
1958
2.125%)
10
*16
mm-m
14
— -
11%
11%
25
11%
12%
35%
—
M-S
35 %
43
33
40 Va
—
2008
f 6%s
1959
26 Va
M-S
35 %
—
15
35%
33 Va
35 %
__
2008
3%s
1957
19o6
sink
4%s
fund
__
Af-S
1965
40'%
99
28%
33
9
--
96%
96
97%
—
4
98%
106
97
98%
16
97
105%
__
A-O
99 %
__
A-O
F-A
1957
__
96 %
M-N
1963
sink fund extl loan
98
S8%
11
98
105%
96 %
96%
11
96
__
J-D
1955
A-O
1963
1994
M-N
Ext
1967
M-S
1947
M-S
2008
M-S
19
59
(State of)
7s_
*100
__
■>
101
~
98%
99
105
99%
104
99
102 Va
99 Va
—
60
v
(Int reduced to 2.125%)
A Peru
(Rep
of)
external
7s
1959
1st ser
1960
83%
62%
61
62 y4
62 Va
5572
62 y»
55%
2
99 %
9
101
105 Va
55
2
105%
35
35 "■
5
32%
40
23
—
29
5
24 %
36
M-S
17
17
18%
43
J-D
17
17
18%
137
15
21%
A-O
16%
16%
17%
29
15
21%
16
(Rep of) gold 6s
1940
A4%s
A-O
1958
f
s
7s
assented
AExternal sink fund
gold 8s
A-O
A-O
1950
L'dnt reduced tt0v2.375% )
8
*16%
J-D
23
*8 Va
__
J-J
1961
Alegre (City of) 8s
Stamped pursuant to Plan A
19
*8%
__
J-J
1963
A4%s assented
A Porto
*9
A-O
1947
1968
loan
10
*10
*8%
__
23
7%
__
12
10%
10
7%
*34 Va
22
33
--
2001
j
AExternal loan 7%s
*27'/a
1966
Stamped, pursuant to Plan A
62%
55
62
33/4s Series No. 20
*56
63
55
*56
62
54%
62
*56%
62
3%s Series No. 23
e56
56%
33/4s Series No. 24
*56
59
3%s Series No. 25
3%s Series No. 26
*56
59
54 %
62
*56
63
571/2
62
*56
59
58
58
(Int
reduced
to
21
21%
24%
21
38
2.257©)
.
*34
__
*jry:
29
2006
V
J-J
,
33
32
__
-t't
39 Va
'
i
25
*24 Va
31
—
i'
33
'
.
—
*
29
__
"
61
3%s Series No. 21
3%s Series No. 22
21
29%
-r
"
%W:
56 Va
61%
f 6s
s
A4%s assented
AStablllzation
63
55%
•
lAPoland
83 ya
83%
'
,
99 %
*105%
85
55
7
100% 100%
J-D
Stamped pursuant to Plan A
ARat loan extl s.f 6s 2d ser.—1961
57
62%
56%
APernambuco
ANat loan extl
56 ye
17
__
56 Va
*56
•*
Jtoi 3%s series B
65
55
1
61%
*56
'
sec
69%
73%
61 Va
*50
.
3%s Series No. 18—-
(Kingdom)
65
60
56%
3%s Series No. 16.
3%s Series No. 27
__
3%s Series No. 28
3%s Series No. 29
(City)
s
i
1957
Aires
External
3%
1958
(Dominion
25-year
ACbile
4s
1960
8s
f
7s
sinking fund 6s
A6s
s
F-A
Jan
1961
96
100% 100%
sinking fund 6s
32
J-J
Sep 1961
Sep 1961
1962
A-O
A6S assented
6s
64
1
27
19%
18%
28
—
21%
21%
~3
18%
27% :
22%
22%
21%
22%
1
21%
21%
18
A-0
21%
21%
~9
20%
—
21%
3
1957
j.d
1961
J-D
19%
1961
j-d
*18%
A6s
6s
assented
assented
Colombia
(Republic
;:sA6rof' 1928
s
f $
Mtge
1951
j-d
A-O
bonds
Bank
J-J
A
page
29.
loan
of
1926
municipal loan
Stamped pursuant to Plan A
(Int reduced to 2.25%)
lASan
n
Paulo
(City)
35
35
30
37%
A8%S extl secured
s
f
*23
.
—
—
—
M-N
2001
1957
Stamped pursuant to Plan A
(Int reduced to 2 7© )
—2012
—
25
25
*24 Va
*34%
—
—
41
23
31
1
31
39
2
24 Va
32
33
—
39
25
—
31Va
35
42
27'/8
—
*26
—
37
35%
35%
35%
2
31 %
42
29
M-N
—
33 Va
*33
--
26
33 Va
—
2004
1952
8s
Stamped pursuant to Plan A
(Int reduced to 2.3757©)
—
29
23
5
24%
41
27%
26%
19
27%
17%
19%
5
—
26%
19
19
19
~2
19%
25%
17%
27
17%
FIRM TRADING MARKETS
26
18%
19
~3
17%
27
21
25%
18%
"7%
SECURITIES
27
21
19
FOREIGN
27
23 Va
—
For Financial Institutions
23%
18'/a
~4
17%
25%
7%
7%
1
7%
16%
72
73
2
*72
72
90
72
90
417/«
62%
A-O
1947
A-O
*36
M-N
*33
50
F-A
*36
48
rjw. MARKS 4 P.O. MC.
FOREIGN SECURITIES SPECIALISTS
50 Broad Si., New York 4, N. Y.
54%
50
Sinking fund 7s of 1926
1946
A81nking fund 7s of 1927,—1947
For footnotes see
26 Va
27%
19%
1970
6%s
40%
34
32
*32 %
—
25%
of)—
.
A68 of 1927
«3s external
20
M-S
Oct 1961
5s
*18%
M-S
Jan 1961
(Hukuang Ry)
AColombia
M-N
i960
.i960
A 7s assented
external
of
28%
18%
23%-
M-N
1962
AChilean Cons Munic 7s
A Chinese
A-O
1962
19%
23
A-O
1961
AGilaranteed sink fund 6si
A6s
1961
35
40
~
27%
22
A6VaS assented
sink fund
28%
18%
33
39 Va
25 %
—
*
ASlnking fund 6%s
AGuaranteed
27%
20%
21%
J-D
assented
27%
27%
22
1957
6%s
26%
19
loan
A7s
82
20%
—
extl
Stamped pursuant to Plan A
(Int reduced to 2.257©)
110%
M-N
A6%s
J-D
21%
'
Mortgage Bank
2004
1967
A7s
100%
109%
_
31
38
26%
*28
M-N
92%
23
35 Va
*35
J-D
1966
101%
104%
M-N
AChlle
1921—
2012
102%
99%
21%
41
26
2"?3 a
*24
—
J-D
104
104
21%
34
4
—
1968
96
100
69
1963
<
(State of)
Rio Grande do Sul
Stamped pursuant to Plan A
(Int reduced to 27©)
2
50
1963
!
A6s assented
At-
A-0
36 %
*25%
—
—
21%
M-S
M-S
F-A
1999
105% 106
*21
*28
F-A
1946
(Int reduced to 2 '/©)
Stamped pursuant to Plan A
(Int reduced to 2.57©)
A0s external sink fund gold
20%
21%
1953
2012
36 Va
—
Stamped pursuant to Plan A
A8s
21
-
75
—
A-O
62
105 Va 105 Va
21%
6%s
2001
62
102
J-J
1961
1962
assented.
AExternal sinking fund
62
96
9
"100
106
sec
A-0
54%
_
F-A
1961
Jan
f 6s
assented
A6s
A-O
Feb 1961
sinking fund 6s
AExternal
96
_
96
*99
1948
8s
62%
56%
A-O
Feb
A6s assented
AExtl
M-N
M-N
I960
6s
assented
ARy external
61%
96
J-J
1942
1960
AExternal sinking fund
AExtl
A-O
1942
s
96
100%
J-J
1954
External
assented
A6s
J-J
1961
(City)
(Rep)
A7s
of)
96
M-N
1984
3%s
ACarlsbad
55%
AExternal
—
4%-4%s
external s f $ bonds
Canada
J-D
1975
of)
F-A
1950
(Province
f
s
M-S
63
(City of)
Stamped pursuant to Plan A
(Int reduced to 2.375%)
62
62%
60
10
ARlo de Janeiro
55
*56
5s
Sinking fund gold 5s
Sinking fund gold 6s
Buenos
54%
54%
9
*56
33/4s Series No. 30
Brisbane
-J
1945
7b
1
56%
61
33/4s Series No. 15
'v
1942, agree_1968
68
78 y4
*56
14
65%
55%
73%
56%
3%s Series No. 13
*
1
~1
*5%
1970
65%
55%
__
*81
3%s Series No. 10
65%
55%
74
i_
65%
55%
5
65
*65
33/4s Series No. 9
,
35
8%
104
—
(Republic)—
AStamped assented 5s
Stamp mod 3%s ext to
61
55%
__
59
33/4s Series No. 8
3%s Series No.
14
59%
43
68
__
17
70
44
—
58%
3%s Series No.
J-D
,3%s s f external
Municipal Bank extl s f 5s
Oslo (City) sink fund 4%s
*»•
58
.
58
3%s Series No.
A-O
1954
48
2
74%
M-N
1957
53%
36
8%
—
A-O
62
39%
Panama
A-0
1979
3%s Series No. 2
3%s Series No.
63
56
2
*50
J-D
33/4s Series No. 3
33/4s Series No.
__
i960
7s
Norway (Kingdom of) 4%s
A
3%s Series No. 7
1960
(Int reduced to 2.125%)
73%
(Plan B)—
1
53
40
73%
A
(Int reduced to 3.5% )
1978
funding bonds of 1931 due__1951
External $ bonds of 1944
10
<.1943
reduced
A Sec external
60
55
2
52%
*64%
A-0
1952
(Int reduced to 3.375% )
98
*9
62
*41 Va
*37%
(State)—
external
(Int
4s
1979
Stamped pursuant to Plan
101
Stamped pursuant to Plan A
Netherlands
1957
Stamped pursuant to Plan
100 Va
Stamped pursuant to Plan A
1957
(Int reduced to 3.375%)
(Central Ry)
Geraes
ASeo
Stamped pursuant to Plan A
A7a
98
(US) extl 5s of 1899 £
AAss'td to Nov 5,
70
Stamped pursuant to Plan A
(Int reauced to 3.375%)
s f 6%s of 1927
98
f 5s
AAss'td to Nov 5,
Stamped pursuant to Plan A
AExternal
M-S
lATreasury 6s of 1913 assent
116
external
1949
AAssentlng 4s of 1910
109
1955
of)
15 Va
1968
AAss'td to Nov 5,
107%
6s
(Int reduced to 3.57© )
AExternal s f 6%s of 1926
15 Va
*54 Va
1964
s
101
99%
7s
S
15%
Assenting 4s of 1904
101
f
s
(U
J-J
7s
AAss'td to Nov 5,
102
f
s
External
lABrazil
extl
—
—
Assenting 5s of 1899—-,.
Mlnas
M-S
101%
1967
A
91%
1962
io:%
75 Va
1
J-J
7s
A
94%
1967
1949
81%
90 Va
83%
Irrigation—
Mexico
109%
1956
6%s
13
30
J-J
paid
paid
AAss'td to Nov 5,
103
3%s
15-year 3%s
%
88 Va
101
34
J-J
A4%s assented
A
45
98
10-year 3%s
20-year 3%s
Belgium external
(Republic of)
part
Mexican
45
18%
7
99% 100
95
86
101
88
—
97
Jan 1, 1976
AJugoslavla (State Mtge Bk)
AMedellin
(Colombia) 6%s
45
s
B
93
88%
94
Jan 1, 1976
Jan 1,1976
Irish Free State extl
45
1st series
A External
series
95%
A-O
96
79
97
40'%
t-A
87%
—
—
Helslngfors (City) ext 6%s
1948
(King of Norway)
of)
f $
s
part
A6s
Foreign Govt. & Municipal
J-J
Government—
A7s
Agricultural Mtge Bank (Colombia)—
A-O
101
f $
Republic
Oreek
*113
1955
f $
s
s
115
1962
4%s
(Republic
extl
extl
A-O
4
1942
6s
5%s
gold
Salvador
3%s
New York Stock Exchange
114
(called bonds)
External
El
101% 101%
1960
to
(ADenmark 20-year extl
Foreign Securities
Telephone
extended
F-A
45
46%
98
—
-
42
-
53
Telephone HAnover 2-0050
Teletype NY 1-971
£.001
■
fi.
26
THE COMMERCIAL &
(1598)
YORK
NEW
range
Friday
Last
Bid & Asked
Friday's
or
Low
Stamped pursuant to Plan A
(Int reduced 2.5%)
Bfts external
High
*46
1936
f ASan Paulo (State) 8s
A7s extl water loan
Low
No.
68
*36
50
Urn
48
64 %
46
46
1
46
67
42
50%
1956
*
1968
45
*38
2004
45
42 Va
--
33
33
91
—
A-O
*74
76%
secured
external
—1962
M-N
5
5%
A 7b
series B
sec
extl
1962
M-N
1958
Sydney County Council 3%s__
AUruguay (Republic) extl 8s
5
j-d
1958
extl 7s
J-D
19
J-J
;
*
1957
1946
F-A
*120
fund
6s
1960
M-N
sink
fund
6s
1964
M-N
*120
1
External readjustment—
External conversion
20%
101 %
} A Mobile Div 1st gold 5s
121
130
—
&
ref
M-N
1979
89
90%
M-N
1979
89%
90 %
89 ¥1
—1978
J-D
*89
1978
F-A
96
1984
J-J
90
86%
26
83%
100%
100
93
102
3%S extl readjustment
AWaraaw (City) external 7s
A4 Via assented
series
1958
*10
F-A
1958
F-A
1948
2d
consol
Alabama
Great
1967
Alabama
Power
Southern
3%s
mtge 3%s
^1972
Albany 6c Susquehanna RR 4%s„ 1975
Alleghany & Western 1st gtd 4s__1998
Allls-Chalmers Mfg 2s debs—
Amer
*104%
M-N
1st
16
mtge
A-O
&
Foreign Pow deb 5s
2030
American Telephone & Telegraph Co.—
*103
A-O
M-S
M-S
1956
*100%
*88
107%
107
104
105
88%
100
100%
128
101%
106
—
108%
2%s
debentures
1980
F-A
96
95 ¥a
96 %
95 ¥a
103%
2%s
debentures
,_1975
A-O
97%
96%
98
111
96 %
103%
2%s debentures
1986
J-J
91%
91 %
92%
133
91%
100%
1,446
108 V8
119%
2%s
debentures
conv
274s
1961
109
J-D
108% 110%
Calls
.
3s
bonds
Jan
1995
—
*95
84%
General unified
127
126
132
1989
J-J
124
124
124
B
-
inc
111% 111%
6
111%
F-A
112 % 112'/a
10
112%
F-A
100
100%
12
98 a/4
104
*95
94%
100%
1970
1997
M-N
1982
3%s ser B
Chicago & Erie 1st gold 5s
Chicago Gt West 1st 4s series A
J-J
1985
5s
conv
F-A
M-N
1988
J-J
Jan 1 2038
75
75
118 %
118% 118%
44%
25
150
39
88%
73
12
6
118%
140
79%
13
79 %
68
52%
53
15
45
66%
51
52%
7
39
39 %
25
32
4 5 ¥4
88%
79%
J-J
81
AGen
inc
4%s
mtge
88 Va
3
87
69
(Chicago Ind & Louisville Ry—
A
.-1983
Chic
Milw
1st
St
Paul
mtge 4s
Pac
J-J
1956
J-J
1994
&
J-J
—2003
1st mtge 4s inc ser A
A 2d mtge 4%s inc ser A_>
Chicago Ind & Sou 50-year 4s
J-J
--
66'%
49%
RR—
A
ser
39 %
10474 105
105
104%
29
105%
98
69
88 ¥4
180
49
64%
25% partial redemption
1927
(Chicago Rock Isld & Pacific Ry—
95
—
95%
Gen
mtge 4%s inc
4%s
conv
inc
ser
ser
A
B
-
97%
122
132
116
118
110
71
119%
103%
107
104%
104% 105 Vo
16
104
107%
105 %
105 % 105 %
16
104%
1111/*
1948
J-J
-1948
J-J
9
29%
31
20
20
28
1
41
17%
25
—1988
ACertificates
of
SASecured 4%s
30%
.
I960
ref
Income
84
28
101
206
A-O
53
52
5574
445
39
M-S
57%
56%
61¥a
101
42 %
62%
M-N
217b
17%
22 Va
1,164
12'%
27%
99
97
86
80%
77%
76
105
J-D
J-D
1994
J-J
1994
J-J
1963
J-J
101'%
101% 101 Va
1963
J-J
101
101
4s—-1952
J-J
103
103
3
103
108V4
103
103
104%
5
103
10774
2%-4%s
1st
mtge
3V4s
series F
mtge
2%s
ser
G
1962
M-S
1943
1957
4%s series D
A-O
§ A Debentures 5s part paid
SAChoctaw Okla & Gulf cons 5s__1952
Cine Gas & Elec
105
97
4
1951
2%~4%s
M
101%
*101
55 3
J-D
Chicago Union Station—
103%
Stamped. modified bonds
87%
—
97
Chic Terre Haute & S'eastern Ry—
&
84%
9
81
1951
Memphis Div 1st gold 4s
1st
82%
88
82 ¥a
81%
—
1951
—
1st
mi/i
30
1934
1952
-
59
66 Va
827b
J-J
F-A
deposit
series A
A Conv gold 4%s
Chicago St L & New Orleans 5s
3%s-
b
78%
AGeneral 4s
KAChilds Co deb 5s part paid
86%
36%
38%
115%
(SAChicago Railways 1st 5s stpd
103 %
J-D
84
96
101 %
84%
1
M-N
84
114%
J-J
1977
1985
series
3%s
106%
97%
Baltimore & Ohio RR—
1st mtge
1975
2%s
*81%
_
_
M-N
~
11
*25%
101'/a
2
101
101
—
100
93%
85
107%
106%
24 ¥4
—
-
34%
24 ¥•
__
*25'%
A-O
A-O
77
77
—
34 5%
82 V2
6
60
82%
101 % 101 Va
17
101
105%
82'/2
-
—
Cincinnati Union Terminal—
1st mtge 5% (interest
Fixed
at
4%)
a-o
July 1 1948
mtge 5%
(fixed int at 3%%)
1950
4%s
107%
107
J-J
4%s
1st & ref
Conv
103%
83%
M-3
Div
103%
9
101 ¥4
B
S'western
15
27
104% 105
9774
1964
A-O
143%
132%
104% 104%
8
July 1952
July 1 1948
132
132
104%
9774
4s
mtge 4s
104%
1989
Chic & West'n Indiana conv
1st
51%
101
*99% 101
J-J
101%
—
100% 100%
39
104%
2%s
1
Chicago 6c Eastern 111 RR—
Gold
j-j
mm
44%
9774
4%s A
1966
107
44%
9 7 ¥4
110
Atlantic Refining 2%s debs
103%
104 ¥4
*_-
mm
J-J
110
31
F-A
105%
Line
Atlantic & Danville Ry 1st 4s
Second mortgage 4s
105%
61%
Nov
M-N
cons
103%
99
July 1 1995
July 1 1995
Ry—
1963
110%
103% 103 5/b
16
6474
122
_
108
63 7a
122
Adjustment gold 4s
103 %
102
637
A-O
Stamped 4s
Atlanta & Charlotte Air
1st mortgage 3%s
Atlantic Coast 1st
122%
33
24%
4
1996
JARefunding gold 4s
1995
36%
24
10
23
Apr
Atchison Topeka 6c Santa Fe—
General 4s
33
103
__
97 %
28
102% 102 %
102%
Chicago & North Western Ry—
2nd mtge conv inc 4%s—Jan 11999
1st mtge 3s ser B
1989
78
84%
A-O
40
55
103%
103
*103%
Q-J
I960
A P W Products Co 5s
103%
A-O
1967
F-A
41
7074
102 %
__
1969
deb
27%
33
28
33
A-O
86
25%
24%
—
53%
171
—
debentures
AAnglo-Chiiean Nitrate
Ann Arbor 1st gold 4s
34
33%
69 "2
102% 102%
A-O
32%
32%
54 '/a
101%
1962
J-J
65
53
118
—
34
33%
69 ¥4
102 %
98
—
109%
108
—
Apr
95 ¥4
95%
98%
m-
Apr
98
96
J-D
mm
66%
27
20
19%
*108%
J-J
J-J
42%
Jan 12044
50
A-O
1987
59%
Jan 12019
35
-1982
102 %
,
96 %
98%
debentures
S%s debentures
Amer Tobacco Co deb 3s
87
17%
*48
—
108%
87
„
—
107 %
105
109%
104
10
ref
1st mtge
106 %
__
__
—
132
ref mtge
1075/b 107%
J-J
J-D
1958
1st &
100%
17%
8
M-N
General 4s
21%
1
8
Chicago Burlington & Quincy RR—
18
companies
39
2
68
gold 4s
ref mtge
17%
67%
74
9%
10 %
M-S
gold 4s
&
7%
51%
9
9%
1992
cons
&
101ft 101ft
MS
50¥a
51%
10"
3%s series E
1st
__
102%
F-A
1st
1st
7%
High
79
—1996
4%s
gold
90
railroad and industrial
Hdams Express coll tr (old 4s
1974
Ref & impt mtge 3%s D
84%
7
Low
8
No.
A
stamp (partial redemption)__1942
Champion Paper 6c Fibre deb 3s___1965
Chesapeake & Ohio Ry—
89%
f.t
1974
3s
High
92%
5s
100
85
29
__
96 %
A-O
_1987
Power
(4%% to Aug 1 1949)
J ACentral RR & Banking Co
AGen
4-4%-4%s extl readjustment
M-N
A-O
Central Pacific 1st ref gtd gold 4s_1949
R & A Div
90
Range Since
January 1
Bonds
Sold
92%
__
J-J
1961
1987
1987
-11987
4s
A4s registered
New York
Ref & impt M
—
Friday's
or
Bid & Asked
A-O
1946
Light 3%s
(ACent New Eng 1st gtd 4s
(ACentral of N J gen gold 5s
4 A 5s
registered
AGeneral
F-A
1966
Illinois
General
140
bonds of 1937) —
•7/8-4%-4fts extl conv
26
12%
95 %
5
*120
AExternal
10%
4%
— -
95%
10%
21
--
12
95%
sink
($
80%
5
5
5
*15
AExternal
3 74-4-4 %s
Nov 1945
1945
1959
1959
pur money gold 4s__1951
AChatt Div
1st
10
Sale Price
Low
(Central of Georgia Ry—
§ A 1st mtge 5s
5 AConsol gold 5s
ARef & gen 5%s series B
ARef & gen 5s scries C
91 %
65%
mm
Last
Period
Stock Exchange
Central
A8s
of)
A4Vis assented
55
85
2
*83
Stamped pursuant to Plan A
(Int reduced to 3.5%)
1978
Serbs Croats & Slovenes (Kingdom)—
ASilesla (Prov
59
60
33
2012
f 7s
s
56 %
40%
mm
*—1940
(Int reuuced to 2% )
Week's Range
Interest
BONDS
New York
Central
Stamped pursuant to Plan A
1A Secured
mm
65
48
44
*36
1099
A6s extl dollar loan
17
High
48
mm
--
1950
i
RECORD
October
Friday
Sold
1999
Stamped pursuant to Plan A
(Int reduced to 2.25%)
Ending
Range Since
January 1
Bonds
•
Stamped pursuant to Plan A
(Int reduced' 2.5%)—
BOND
Monday, October 20, 1947
Week's Range
Sale Price
Interest
BONDS
New York Stock Exchange
week
for
FINANCIAL CHRONICLE
86
86
89%
86
89
1st
101
70
45
income
Feb 1 2010
1969
1974
1966
1961
mtge gtd 3%s series E
1st mtge 2%s ser G
1st
74 ¥a
J-J
May
46%
46%
58%
58%
58%
74%
3
City Investing Co 4s debs
259
35
60
63
54
74
General
gold
59%
80
51%
73%
General
5s
47%
59
City Ice & Fuel 2%s debs
111
113%
*._
101
101
105%
J-D
*_.
97
97
99
J-D
83
81
88
*111
F-A
F-A
—
—
84%
21
Ref & gen mtge 5%
(2% fixed
contingent interest)—
and 3%
Series
G
Series
K
Series
Series
J-D
1200o
M-3
due Mar 11996
M
Ref & gen mtge 6%
And 3%%
Cleve Cin Chic & St Louis Ry—
'
due Dec 11993
due Mar
m-a
(2%%
58%
58%
59
18
62
J
4s
St
J-D
due Dec 11993
series
70
70
703 4
60
39
84%
1980
Beech
J-J
79%
85
21
84
97
Series
C
3%s
80
12
79
86
Series
D
3%s
Bell
91
90
91%
10
90
J-J
92
91
92
16
90%
1951
3%s
J-J
1951
1st
A-O
Telephone of Pa 5s series C—1960
A-O
Beneficial Indus Loan 2%s debs—1961
98%
mtge 2%s
Cons mtge 2%s
ser
Short Line
125 %
125% 125%
97
97
1st mtge
99%
99%
~7
125%
6
95%
100%
Colorado
53
99%
103%
Columbia
1967
1955
J
J-J
M-N
99%
M-S
M-N
A-O
1961
4%s series JJ
1st mtge 4s series RR
Alnc mtge 4%s ser A
1960
J-J
M-N
F-A
F-A
M-S
J-J
July 1970
(ABoston & N Y Air L 1st 4s
1955
Bklyn Union El 1st gold 5s
Bklyn Union Gas 4s debentures
1950
1969
1976
mtge 27/as
99%
103%
98%
101
100 %
104
*99% 100
Buffalo Niagara El 1st mtge 2%s__1973
*__
*101%
100%
__
Columbus
1952
96%
14
79%
91%
51%
51%
52 %
49
42
66
Conn
27%
57
Consolidated
*105
*104
97%
97%
100
Bush Term Bldgs 5s gtd
60%
J-J
1934
5s
A-O
1960
&
1980
modified)
3%s
Elec
J-J
II
105 "4
97%
100%
59
36%
61
95
38%
105%
95
105% 105%
1st mtge 3s
1977
1951
& L 1st & ref 4%s
River Pwr s f 3%s A
1961
1965
3%s_
York—
3%s debentures
1
1958
1st & ref mtge 2%s ser A
1982
1st & ref mtge 2%s ser B
—1977
1st & ref mtge 2%s ser C
1972
(AConsol Ry non-conv deb 4s
1954
ADebenture 4s
1955
ABebentiire 4s„
___1956
Consumers Power 1st mtge 2%s—1975
Continental Baking 3s debs
1965
Crucible Steel 1st mtge 3%s__
1966
(ACuba Northern Ry 1st 5%S__~1942
ADepbsit' receipts
---ACuba RR 1st 5s gold
1952
ADepOsit receipts ___!
A7%S ser A deposit rets
-1946
A 6a ser B deposit rets
1946
Cigar
Corp
Consolidated Edison of New
105%
5
37
49
141
*99% 101
California Elec Power 1st 3s
1976
J-G
Calif Oregon
1974
M-N
1962
A-O
104%
J-J
114%
Power 3%s
Southern
cons
gtd 5s A
Canadian National Ry—
Guaranteed gold 4%s
(Guaranteed
1957
gold
gold
5s
Guaranteed
gold
Guaranteed
gold
4%s——^^^1955
4%s
1956
Guaranteed
gold
4%s
Guaranteed
»
1969
J-J
-1970 1
J-D
Oct
5s
107%
97%
103 %
100
104
55%
25
99
~1
91
6
105
72
39
103%
97
106%
-
*__
104
104
:
104%
104% 106
104%
8
12
Pac
Carolina
Ry 4%
1st mtge gtd 4s
114% 114%
3
114%
120%
Dayton Pr 6c Lt 1st
110
4
109 Va
113%
109%
114%
114'/a 114 %
1
113%
119%
Delaware 6s Hudson
112% 113%
39
112 ¥8
119¥a
F-A
107%
107
107%
24
107
Delaware. Lack & West RR
~N Y Lack & Western div
F-A
--.-1951
100%
100
100%
116
94%4
107
108% 108%
3
107%
110
*110
110
1105/a
112%
1965
~
M-S
page 29.
F-A
A-O
65
103
65
1
63%
102% 103
45
102%
105%
36
102%
106
_1960
F-A
102% 102%
1948
J-D
*72
75
82 ¥4
80 3%
1
64'%
64
105%
109%
102%
104
90
M-N
96%
103 ¥a
102% 102 Va
104
1
100 7/a
108%
106
3
105
109
A-O
102 %
102% 103 Va
16
102'/a
107 Va
A-O
100:%
10074 101 Va
23
100 %
10674
50
52 %
49
103
103 %
9
106
A-O
M-N
M-S
103
'
M-S
*__
107 Va
F-A
*__
114
F-A
105'/a 10574
105 %
'107
J-J
19
110¥a
114
114
105
109¥b
108 %
108 ¥•
2
105%
108
104 ¥4
5
102%
7
102 ¥a
103
102%
103'/a
10274 102%
A-O
J-J
63%
106 Va
108
—
__
10574 10574
F-A
44 ¥4
103
10274
102
A-O
103
104 34
M-S
99 %
98'J%
997/a
12
9874
10374
A-O
97%
97%
9G'%
45
97 %
101
J-D
100 %
1003a
19
100
100
10374
5174
J-J
467/a
47%
51
30
J-J
46'/a
47'%
23
34
J-J
47'/a
47%
15
33%
51%
101%
10674
M-S
101%
101'/a 1027'a
53
J-J
100 ¥4
10074 10074
2
M-N
*-_
99
JD
*53%
54%
mm —
OO
104
98 ¥4 1017/a
49%
4
51 Va
63%
39
52%
76%
86'/a
44 ¥«
42%
12
38
35
32
39
39
10
36
46
38%
J-D
82%
37%
37 ¥a
J-D
43
82%
J-J
61
78
38%
10
36
45%
81
M-N
4-6s—
Power
.1973
.-i—
M-N
93 ¥b
—
-
100%
104 7/a
101 %
105
38
93
99
77
90
-May 1
33-^.— .1973
West RR—
-1993
49
12
42 ¥4
5874
55%
56
36
49
62%
106% 106%
A-O
J-J
—
48
55%
2042
&. Light
A (3% fixed
contingent int) —
93
*783%
M-N
11993
1st mtge ser
1%
93%
11
—
1017 a 102%
Co—
ref M 5s ser C
tr
*103'/a
*
1965
Denver & Rio Grande
100 ¥4 101
101
J-D
4s extended—1963
mtge due
Morris & Essex division
Delaware
A-O
A-O
AIncome
Coll
1981
1975
B—1965
mtge 2%s
112 7/a
,_1965
Corp 3s debs
Celotex Corp 3%s debs
ACent Branch U P 1st gold 4s
see
897a
98'/a
-
113
A-O
__
J -J
deb stk perpetual
Clinchfield & Ohio 4s
For footnotes
—
107
104%
Dayton Union Ry ~3%s series
Deere & Co 2%s debs__
__
Carthage 6c Adirondack Ry—
Oelanese
83 Va
65%
106
104
1st &
Can
67'/a
105'/a 106
105%
A-O
'
Canada
2
44
F-A
Co—
series L
Conn Ry
92%
A-O
A-O
1955
(A 1st & Coll 53
Bush Terminal 1st 4s
1972
1973
1977
series C
Commonwealth Edison
96 %
80%
Stamped
M-N
Columbus
79%
M-N
modified (interest
at
3% to May 1 1947) due
1957
(Burlington Cedar Rap 6c Nor—
4%s_
Co—
debs—1971
& H V ISt extl gold 4s__1948
& Sou Ohio El 3%s____1970
<fe Tol 1st extl 4s
1955
Gas
79%
Buffalo Rochester & Pgh Ry—
Consolidated
6 7'/a
*82'%
M-N
& Southern Ry—
Columbus
mtge 5s series AC
1st mtge 5s series II
1st gtd
—1948
1950
1961
5s series B
(stamped
4%s
1st
Gen
1970
3s———
72 34
129
Boston & Maine RR—
1st mtge
J-J
83 Va
103
71%
72
Union Terminals
1st mtge 4%s
M-N
1970
1976
I
ser
1991
1st mtge 5%s series A
100
Bethlehem Steel Corp—
Cons
1977
4s
gtd
1951
4s
Extension
1st
gtd
79 ¥4
Cleveland
stamped
Creek
Div
*__
J-D
J-J
coll tr gold: 4s__—_1990
Cleveland Elec Ilium
Cleve
ref
Mich
1st
84
m-N
1959
A
Bangor & Aroostook RR—
4s
&
83'/a
J-D
1993
4%s series E
impt
Wab
L Div
1993
-—
B»
Cleveland & Pittsburgh RR—
Toledo Cinn div ref 4s A
Con
&
Cin
Pgh Lake Erie & West Va
Ref
Ref
73%
fixed
contingent interest) —
4s
series
79%
15
80'/a
50
79%
106'A
78
109 ¥4
89%
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4639
Volume 166
york
new
RANGE
Friday
Interest
Period
BO^DS
Stock Exchange
New York
AIncome
Lake—
Salt
&
mtge (3%
contingent
1%
Bid :& Asked
int)——-199?
1961
B--1976
1961
debs
2.35s
Chemical
Atlgold 5St_1937
15ADul Sou Shore &
Low
High
Exchang*
50%
69
70%
9
107% 107%
105%
37
107%
73 Va
—1961
Plain
.
*1901
«——1997
Hoppers Co 1st mtge 3s_i
1964
JAKreuger St Toll 5s ctfs———1958
109
105
62%
103% 104 Va
~7
103%
110 Va
89%
89%
1
89%
94'/a
98 Va
99
60
98 Va
101 Va
36%
37%
13
30%
37%
*55
89%
37 %
J-J
70
65
Friday's
or
j-j
*40
j-j
No.
106%
Ed El 111
1950
1995
—1970
1st cons gold 5s
(NY)
jr-a
70
50 Vo
gold 3%S—1997
—1997
Lake Sh & Mich Sou
3%s registered
Lautaro Nitrate Cb
A 1st
Elgin Joliet & East Ry 3'As
1S65
Erie Railroad
Gen
1st
mtge
4Vis series A—-2015
cons
1st cons
1st
cons
1st
/-J
A-O
J-J
J-J
MS
M-S
Ohio
1st
tFlorida East Coast
A
__1964
1990
2000
1953
1971
mtge 3'As
3s deb
Firestone Tire & Rub
A 1st
104 %
llOVa
112 Va
105 Va 113
*106% 115
& ref 5s
1961
1959
——1978
mtge income regj.
1%
6
Certificates
'Terni gtd 5s_——1954
ext.1950
of
88 %
1974
deposit
102
102'/a
105%
2
102
100 %
103 %
50
*97
j-d
1950
103
103
M-N
103 %
96
90%
21
75%
97%
5
97 V*
101%
100%
101%
99%
101 Va
General
A4s
J-D
debs
inc
conv
1969
Northern
2%s_1965
-.1947
M-S
99
85%
16
5%s' series
General
5s
series
J-J
C__.
mtge 3Vas
Gen
32
114%
6
128%
120
118
13
118
99
99
99%
11
99
*97
98'A
Gen
mtge 2s/8s ser Q
2010
mtge 2'As ser R
—-1961
J-J
•I
92
14
83
17
J-J
Gen
99%
91%
83
91%
—
*94'/a
—
Mobile
»
A-O
~5
~9%
99
65
-.
1975
J-J
1st & ref S%s series D
1969
Gen
2044
mtge inc 4s ser B;
Guli States Util 1st M 2%s
e
J-J
-2015
mtge inc 5s series A
—1976
—
56%
mm
68
68'/a
96%
A-O
96%
55%
57
*98
M-N
I
•
9%
104 %
'
t:
100
M-S
Household
Hudson
Finance
Coal
1st
10
9G%
83
52'A
72%
100
106
105%
107%
102%
108%
Hudson Co Gas 1st gold 5s
Hudson & Manhattan 1st 5s A
A
98%
J-D
88 'A
M-N
F-A
Feb 1957
Adj income 5s
89'A
96%
102%
131'/a
15
98%
5
90
53
57
107
*107
57
A-O
17 Va
ref
&
55'A
16'/a
140%
188
:
.
102'A
79
90
109%
48%
13%
63'A
23%
Telep
2%s series
A
1981
J-J
99
99
99 '/a
63
1st
1st
gold
4s
1951
1st
1st
gold
3s
Collateral
Refunding
MS
1952
4s
*101%
1951
gold 4s
*10-1%
A-O
A-O
1955
trust
J-J
1951
gold 3VaS
sterling
J-J
1951
gold 3 Vis
Extended
M-N
Purchased lines 3VaS
1952
1953
100
M-N
trust
Refunding
gold 4s
5s
1955
1966
F-A
1950
J-D
Bridge gold 4s
Litchfield
Div
1st gold 3s___
Louisville Div & Term gold
Omaha Div 1st gold 3s
Western
Lines
1st
1st
99 Va 100
91
91 %
3
91
98
99 %
9
96
103 »/4
111% 111%
10
111%
112 Va
1900
J-D
B___——1954
J-D
coll 4s ser
104
79'/a
100%
79 Va
104
80 Va
5
55
98%
98%
98%
3
98%
100 %
99%
99%
1
98
100
97 Va
97 Va
1
96
100
gold 3Vas
1951
F-A
1951
F-A
97
*99% 100%
j-j
1951
gold 4s
*96
J-J
A-O
i-.
-
gold 5%s ser A—
ref gold 5s series H
97
*102% 105
98%
100
101%
99
*100
103%
101 Va
111 Cent and Chic St L & N O—
Joint
1st
1st
&
ref
ref 5s
4V2S
series A
series
C_-
1963
1st ref mtge 4s
ser D
Illinois Terminal Ry 4s ser A.
J-D
1963
:
J-D
1963
90
'
89%
90
55
81%
98%
83 Va
83
83 Va
25
73
92
3
70
J-D
—1970
gold 4s
—.1950
Indianapolis Union Ry Co—
Ref & imp 2%s ser C_l_—...m.1980
^International Great Northern RR—
78
J-J
J-J
Indiana 111 & Iowa 1st
A 1st
A
6s series A
—1952
Adjustment 6s series A
A 1st
5s
A 1st
gold 5s
series
July 1952
G
flAInternat Hydro-Elec deb 6s
Int
J-D
—
J-J
60
23
A-O
*—
59%
23
Rys Cent Amer 1st 5s B
5s
1955
Mountain States Tel & Tel 2%s—1986
Mutual Fuel Gas 1st gtd 5s
1947
series B
—
1986
2%s debs_1970
National Steel Corp 1st mtge 3s__1965
National Supply 2%s debs
1967
$ ANaugatuck RR 1st gqld 4s
1954
Newark Consol" Gas cons 5s—_—1948
StANew England RR gtd 5s
1945
t A Consol gtd 4s
1945
New England Tel & Tel 5s A
1952
1st mtge 3s
ser B
Va
85 Va
101 Va
99%
101%
series B—-——--1961
gtd 1st 4s
1986
New Jersey Power & Light 3s
1974
New Orleans Great Nor 5s A__——1983
New Orleans & Northeastern RR—:
Ref & Imp 4%s series1 A——1952
NeW Orleans Term 1st gtd 4S_—.1953
tNew Orleans Texas & Mexico Ry-rgtd 4%s
1st
N J
Junction RR
63
43
65%
JANon-cum ihc 5s
A Certificates
of
46
A 1st 5s
5
23%
55%
55 %
55
56
A-O
M-N
68%
68%
68%
102'/a 102 %
14%
30
40'/a
59%
20
42
59%
195
68
1
99%
& St Louis—
Nashville Chattanooga
60
55%
1959
J-D
1970
MS
&
Laughlin Steel 3%s
.—1961
J-J
102 '/a
77
99%
102
102'/a
15
75%
1
99 Va
33
A
106
Certificates
A 1st 4%s
105
102
93
105%
104V4
k
a-o
Kansas
J-D
Kansas
A-O
103%
A-O
100
City Power & Light 2%s
1970
City Southern Ry 1st 3s_—1950
1st mtge 4s ser A
1975
Kansas City Terminal Ry 2%s
1974
Kentucky Central gold 4s
1987
For footnotes sets
page 29.
101
101
100
10
99% 101%,
37
105
101%
102
102% 104%
99%
1
35%
36'/a
62,
mmrnm
102% 102%
J-J
*82V4
MS
«...
107
3
A-O
—
57
*89
IS
102 Va
36 V2
21
mmAm
,
102%
...
104
80
23
107%
95
107
111-
100
84
*100'/a 100 Va
MS
103%
106%
98%
993i
M-N
93
80
100 V4
101%
101%
*99%
*100%
US
100%
19
571/4
43%
89
95
58
97
J-J
48%
46'A
48%
13
43
58%
J-D
77
77
78%
27
69%
95'A
96
75
J-J
821/4
82'A
84
16
J-J
70
69
70
6
61
85%
J-J
72
71
72
2
69%
86%
A-O
56%
56'A
57
55
48
82%
F-A
80
79'A
80%
64
62%
85
33
562:
18%
39%
MS
80
79V2
80%
102
62%
M-N
81'A
79%
80%
46
85
84%
32'A
MS
31%
63
25'A
24'A
25%
212
15%
32
A-O
79%
79%
80'/a
101
63
84%
F-A
80'A
79'A
80%
141
62%
85
M-N
65
MS
*__
78
60
65
105%
*104% 105
M-N
57 V*
58
68
53
70%
71%
8
65
M-N
65 Vt
65%
14
59
93 Va
93 Va
6
58
65%
MS
106
101% 103%
101%
M-N
%
93%
100
M-N
*__
63
74
68
101 Va
100%
101
of
of
105%
103%
104%
99%
105
101%
*100% 104
100%
105%
J-J
*120
122
123%
34
8
104% 104 Va
A-O
*__
J-D
"
103%
66
66
66
J-J
J-J
2
66
18
J-D
105%
Jf-N
121%
65
101
84
81%
105%
109 %
4
121% 121%
121'A
124%
110
F-A
*__
jr-a
*102
j-j
104%
104
109
103
101
105
104% 106
*103Va 105
J-J
1621/4
102'/a 102'A
22
98%
17
971/2
1954
A-O
F-A
98%
98%
99V2
*76%
—
—
64
101
78%
78 Va
80
83%
106%
98 Va
87
100
VS.
—
96
22
96
99%
95%
~2
79
26
86
105%
1
86
101 %
90%
deposit————
101% 103 %
A-O
101
Co—■
96
*
81%
83
deposit:—-———
-1954
64 %
101
106 Va
2
105% 105%
99 7/a
-1950
104 Va
106%
99
*103%
J-D
98
deposit—
104 Vi
99%
99 Va
Jf-N
J-J
99%
101%
101
96%
90 Va
81%
F-A
66 %
64%
67 Va
155
61%
-1998
A-O
71%
71
71%
146
64%
82%
impt.4%s series A
—2013
Ref & impt 5s series- C
2013
N Y Central & Hudson River RR—
General mtge 3%s—:
1997
3%s registered
-1997
Lake Shore coll gold 3%s:
—1998
3%s registered
1998
Mich Cent coll gold 3%s
.1—1998
3%s registered
1998
New York Chicago & St Louis—
Ref mtge 3%s ser E
—:—i—1980
1st mtge 3s ser F
——1980
78%
79%
72
72%
92 y4
A-O
79
j-j
83%
83
j-j
79%
"
Cohs
Ref
1
A-O
96%
97%
J-D
98%
series D____,—
Certificates
F-A
4s
series A
&
^
Kanawha & Mich 1st gtd gold 43—1990
99
*100Va 102 'A
————1956
of
C
New York Central RR
75 Va
99 Va
75 Va
36%
F-A
deposit——-
5%s series A—
A Certificates
of deposit
Jones
—
—
A-O
series A—.—.1935
A 1st
Jersey Central Pow & St 27/as~
—
—
98%
series B—
A Certificates
A 1st 5s series
A
James Frankl & Clear 1st 4s
1949
1980
1981
gtd gold 4s__.1991
1st gtd 3%s
A.
98
56
I
series
97'A
J-J
—
M
—
J-J
1972
& Essex
Constr
95%
_1956
1944
,
95%
>100% 103
_1956
B
series
78
95%
&
& ref 5s series
National Dairy Products
*90
Registered
79 Va
n
J-j
J-J
9
99
77%
102
84%
108 Va
J-J
1951
«...
M-N
106
67%
1951
:195l
80
97%
102
98%
81 Va
79%
J-D
1951
—1952
1979
24
99
>»
J-J
Drain 5VaS—1950
El (Chic) 4s—1938
3%S-
90
100 Va
106 Va
*106 Va 109
1972
1st mtge 2%s_1974
66%
71
88%
M-N
1960
2%s debs
Constr M 4%s
89
98 Va
70%
»
90
M-N
J-D
93 Va
7
72
A
2000
1955
10
99 Va
99 %
MS
Morris
101 %
115%
91
102
93 Va
107%
102%
99 %
F-A
8
99%
102
118
A-O
Moh'k & Malone 1st
3VaS_1953
St Louis Div & Term gold 3s
Gold 3 VaS
Springfield Div
99 Va 100
103 Va
116
118
m-a
Monongahela Ry 3%s series B
1966
Morrell (John) & Co 3s debs—-1958
71
112
M-N
128%
MS
A^___Jah 1991
Mo Kansas & Texas 1st 4s
1990
Missouri-Kansas Texas RR—
prior lien 5s series A
1962
40-year 4s series B—
1962
Prior lien 4%s series D
1978
ACum adjust 5s series A—Jan 1967
^Missouri Pacific RR Co-*—
A 1st & ref 5s series A
1965
A General 4s
1975
A 1st & ref 5s series F—
1977
A 1st & ref 5s series G—.
1978
101%
99%
—
98 Va
99 '/a
M-N
40-year 4%s__
Cairo
101%
__
80
127%
101%
A-O
105
102
__
71
99 Va
J-J
Collateral
*103 Va
52%
67
*123% 128
112 Va 112 Va
A-O
105%
99
42%
69
39
"
mtge 4s inc ser
A Gen
AConV
Bell
23
2
40%
68%
41 Va
A-O
43
33%
40
A-O
A 1st
Illinois
37 %
2003
—1980
1955
A 1st
Illinois Central RR—
36%
*32»/a
series F—-—2003
3%s
ref M 2%s ser G—
Sault Ste Marie—
mtge 4VaS inc ser A
Jan 1971
1st
8 91/a
97%
107
19
M
32 Va
*30
Minn St Paul &
101%
64%
J-J
1957
A
96%
M-N
1962
1970
series
96%
45%
2
101%
*131% 132'/a
1949
Corp 2%s
f 5s
s
__
J-J
31
106 % 106 %
debentures
series C
Michigan Cons Gas 1st mtge 3%s_1969
1st mtge 2%s
1969
t§AMidland of N J 1st ext 5s
1940
h
1st mtge 2%s—1970
Hocking Valley Ry 1st 4VaS
1999
18AHousatonic Ry cons gold 5s
1937
20
A-O
.
Hackensack Water
39%
37
104
86%
100%
27
If-N
103 Va
105'A
67'A
16
42%
29
i
tAL
99% *
__
68%
7'A
101%
>.
,
101
& Ohio RR
1st & ref 4s series B
Gen
9%
Feb
1959
Greyhound Corp 3s debs:
Gulf
*62
Feb
28%
103 Va 103 Va
Metropolitan Edison
Metrop Wat Sew &
t§AMet West Side
Michigan C^tral—
Jack Lans & Sag
1st gold 3%S A.
Ref & impt 4%s
■
AGreen Bay & West deb ctfs A
A Debentures ctfs B
95
104
May Dept Stores
91
97
—
34%
llOVa
Mead Corp 1st mtge 3s
98%
83
62
87
91%
'
34 Va
5
1st mtge &
104'A
J-J
J-J
34%
110% 110%
Manati Sugar 4s sink fuhd„Feb 1195.7
A Manila RR (Southern Lines) 4s—1959
104%
...
82
Jf-N
m
129
118
J-J
1
66%
F-A
Maine Central RR 4%s ser
133'A
-.-1982
mtge 2%s- ser P
N
18
1951
————1963
Elec 3%s
1960
Co deb 5s~
(P)
gold 3s_—:
Atl Knox & Cine Div 4s
117%
J-J
mtge 3 Vas ser O
Gen
ser
114% 115
1976
Gen
66%
103'/a
1990
General 4%s series D
7
66
101%
128% 129
114%
J-J
B
76
65%
66
101 Va
:
—
St Louis Div 2d
Ry Co—
General
58
64
J-J
F-A
14
86%
99
87
101% 101%
Lorillard
101 Va
82
MB
105%
77
16
100
«...
84
11
87
—1949
stamped
1st &
85'A
M-N
J-D
84%
—1949
Realty & Utilities Corp—
Goodrich (B F) Co 1st mtge
Grays Point Term 1st gtd 5s
Great
1949
87
82
*82
101%
4s
106
104
rnmmrn
M
87
83
*84% 100
16
1st
«...
83 Va
—
101% 102
Louisville & Nashville RR—
104
—
99% 100
*85%
MS
3s
*
*99%
F-A
f-A
MS
Louisville Gas &
Gas & Elec of Berg Co cons 5s.
91
90
97%
90%
DM
A-O
—1949
65 Va
101 Va
10
103%
99'/a
90
98%
jTN
Long Island unified 4s
Guaranteed ref gold 43
72 Va
51 %
69
54%
51%
54%
105'/a
11
102% 102%
102
*51
-
100%
103
;
Francisco Sugar coll trust 6s
94
99%
37/a
Lehigh Valley RR—
4s stamped modified
a
2003
4s registered
2003
4%s stamped modified—
—2003
4%s registered
—
2003
5s stamped mbdified
1
j—2003
Lehigh Valley Terminal Ry ext 5s_1951
Lexington & Eastern Ry 1st 5s.;—1965
Liggett & Myers Tobacco 5s
1951
Little Miami gen 4s series A———1962
94 %
87
99 Va
*98%
Lehigh Valley Ry Co NY 4%s
102%
88
1%
j-d
—1974
stamped—
5s
81
99%
88
J-D
MS
series A_.
99%
*95
M-N
4Vis
1st
59%
50
65 Vs
64 Va
65
105%
Ltd—f.
Lehigh' Coal it Navigation <Co-»
»
S F mtge 3 % s ficr A..——..—.1970 ■
Lehigh Valley Coal Co—
1st & ref sink fund 5sj_———1954
5s stamped L_.
a
——1654
1st & ref sink fund 5s—:——.1964
5s stamped,
1964
1st & ref sink fund 5sJ
—1974
Leh Val Harbor
mtge 2s ser H
Div
106%
•
Co—
inc
mtge. 3 Vis ser E
mtge 3 Vis ser P
mtge 3 Vis ser G
cons
110
A-O
5s
stamped
155
104%
105% 105 Va
A-O
1965
El Paso & S'vvestern 1st
5s
.
J-J
MS
121
155
*154
187
101
U
55
118
1177/8
*115 Vi
~ M-N
102%
180
38
•
East Tenn Va & Ga Div 1st 5s
108
112%
102%
101% 101%
1%
68%
106 Va
112 Va
u
102%
184%
*__
A-O
High
53
—
A-O
Range Since
January 1
Low
57
*112%
*__
Sold
High
*—
tt
Bonds
Bid & Asked
109 Va
5
70
J-J
.
106%
1
105
Week's Range
Low
59%
69
195
Gale Price
High
38%
50
Last
Period
4Vas unguaranteed
Kings Couhty E1L & P 6s
M-S
J-D
-J-D
J-D
M-N
MS
.1995
gold 4s_
& Tunnel- 4VaS
Term
Det Tol & Ironton RR 2%s ser
Dow
January 1
No.
70%
Apr
Detroit Edison 3'Vis series G_;—i.-1966
ASecond
Sold
Interest
BONDS
New York Stock
t
Gen & ref 3s series H—
^1970
Detroit & Mackinac 1st lien gold 4s 1995
Detroit
Friday
■
50
fixed
Income
17
Kentucky & Indiana Term 4%s——1901
Stamped
—
—>——1961
3018
contingent lnt)
Denver
record
OCTOBER
ENDING
(cont)—
(4%%
mtge ser A
bond
Range Since
Bbiids
Friday's
or
Low
Grande West
Denver & Rio
WEEK
Week's Range
L&st
Sale Price
FOR
(1599)
28
81 %
79%
4
79 %
94
67
2
66
81%
73 V*
74 Va
62%
67
F-A
65%
65%
F-A
57
57
57
j-d
94%
94
94%
F-A
A-O
93
84%
79 %
67
F-A
91
1
57
77
72'A
14.
94
101%
10
90%
97%
27
YORK
NEW
RANGE
Last
Friday's
or
Bid & Asked
Sale Price
Ieriod
Stock Exchange
New York
Low
2000
2043
2043
Mtge 4s series B
N
M-N
4s series A
Lack & West
Y
4Vis. series
<
J-J
J-J
1973
1973
Mtge 4s series A
r
B
1947
1947
1954
ANon-conv deb 4s
1955
ANon-conv deb 4s
1956
ADebenture certificates 3 Vis
1956
AConv deb 6s
1948
IA Collateral trust 6s
1940
ADebenture 4s
1957
A 1st & ref 4 Vis series of 1927—1967
1st & ref ser A
».
2007
Gen mtge inc 4!is ser A
2022
ANon-conv deb ,3
•
+
Vis
„
103
*73%
68%
73
27%
92
28%
28 %
149
28
76
28
51
51%
193
30%
73 Vi
49
53%
24
9
194
29
53%
65%
636
63%
70
30%
32
1,121
30%
38%
99%
99%
6
97%
104%
M-S
Q-J
Norfolk & Western
North
Central
Gen
4VaS series A
ref
&
gen
9%
10
4%
4%
4%
99% 100
105 Vi
43
34
17
17
91
*__
100 %
lien
4s
4s
100%
100 %
11%
11
11%
lien
1997
3s
registered
impt 4Vis series A
Ref & impt 5s series C
Ref & impt 5s series D
2047
2047
2047
2047
1975
4 Vis
Northern States
(Minn)
Power
24
—
107
1972
2037
2037
Af-N
.1964
J-J
1st Ac ref mtge 3s
1st Ac ref mtge 8s
11
92
83%
_
59 "
312
101%
100%
9
20%
107%
33%
30
109
106
107
106
*150
164
162
164'/a
*230
237
242
106
33
93%
12
series D
3%s series H
3%s series I
Gen mtge 3%s series J
|§AR I Ark Ac Louis 1st 4%S
lARut-Canadian 4s stpd
|§ARutland RR 4%s stamped
M-S
Gen
mtge
Gen
67
126%
128
mtge
113%
99
109%
60%
49
96%
96
99%
99%
100
99
100
100
99%
100
76%
72 y4
61
9
90 Va
101
104
3
92%
7
94
103%
99%
Power
Saguenay
St Lawr
Adir
Ac
108
1st
108% 108%
M-S
53
J-J
1st
58
inc
4s
A Gen
97/a
97/a
J-J
8
3s
1st
&
ref
series
102
98%
98%
98%
17
104%
98%
99%
98%
104 %
101%
102 Va
Air
Seaboard
J-J
*99%
88
series
3s
102 Vi
*
A-O
F-A
105
105
A-O
98
105 V4
*108%
98 Vi
81%
80%
817/a
360
79%
J-J
50%
50
50%
303
37%
57%
M-N
104% 104%
5
100 %
104 7/a
104%
87
89%
91%
J-J
91%
*__
47
46
F-A
36
104% 106%
J-D
102%
102 % 103
19
102%
109
103
20
102
109
45
101%
109%
104 %
109%
ref
3s
L
.1974
J-D
102
102
ref
3s
series
M
1970
J-D
101%
ref
3s
series
N
1977
J-D
101% 102%
104%
Pacific
Tel
2%s
1981
debs..
debentures
Paducah & 111 1st
A-O
f gold 4 Vis
s
1955
Pennsylvania
trust
E
I960
4Vis
General
5s
General
4%s
deb
A-O
*106%
M-N
1996
2016
J-J
series
101
A-O
104
104
104%
106%
48
.,.47
98
67
41
'103% 104
30
103%
108
1
102%
—
M-N
F-A
110%
J-D
101
102%
66
101
39
99%
101%
66
66
67
111
58 V4
76 Va
96
96 Vi
20
94%
98
A-O
96%
96
96%
108
96
99%
1941
P-A
6
93
|§ASilesian-Am Corp coll tr 7s
40
1963
1976
J-D
96 Va
1963
A-O
m.—
A
100 Va 100%
100 Va
40
40
100% 100 Vi
J-J
3s
102%
debentures
95
*124
2%s
debentures
Southern
Indiana
Southern
Pacific
101 hi 101 a
58
101
16
(Oregon Lines) A
4%s
.1
4%s
1952
101
16
110
5
111
96%
99%
257
110
33
104%
M 4s ser C
2019
2%s series D
1983
Texas Corp 3s deb
1969
Texas Ac New Orleans RR—
1st Ac ref M 3%s ser B
1970
1st Ac ref M 3%s ser C
-1990
Texas Ac Pacific 1st gold 5s—
2000
Gen Ac ref M 3%s ser E
1985
Texas Pacific-Missouri Pacific—
Term RR of New Orl 3%s
1974
Third Ave Ry 1st ref 4s
—>.1960
AAdj income 5s
Jan 1960
ToL Ac Ohio Cent ref Ac impt 3%s__1960
Trenton Gas Ac Elec 1st gold 5s—1949
Tri-Continental Corp 2%s debs—1961
125%
95 Va
96%
82
95%
118%
95
94 Vi
95%
27
94%
118%
104% 105%
224
Marquette Ry 3%s ser
D
99 %
103%
J-J
*—
83%
84%
101
1960
A-O
*64%
66
59
75%
Apr
*
20
12%
39
A-O
1974
99%
——
1980
Jf-S
1974
1977
J-J
Philadelphia Co-coll tr 4%s
Philadelphia Electric Co—
1961
J-J
1971
15 Va
J-D
2
100% 103%
48
F-A
gold 4%s series C
99% 101
106 Vi 106 V4
F-A
100%
106%
106'
100%
105
123%
130
120
General
2%s
ref
1st
1st
Ac
ref
2%s
1967
Ac
ref
2%S
1974
ref
2%s
1981
*
106
J-D
f 4s
A Certificates
of deposit. _•
Phillips Petroleum 2%s debs
1st s
1937
*
J-J
1964"
'
F-A
3%s;series E_
Cons
gtd 4s
1949
gtd 4s series F__
Cons
F-A
1953
series G_______
105
jf.ji
1963
101
105%
5s
series I
series
A
M-N
100%
105
13%
3
9
*10%
13%
101% 102
100
__
8
59
—
14%
v
101%
110
1970 " '
106
107%
118
118
*—
117%
3
—
118
102
103%
6
102
102
105%
25
102
2
87
■; * "
:®®'
1st
87
88
M-N
103% 104
J-J
103% 103%
1950
J-D
1950
Pittsburgh Ac West Virginia Ry
1st mtge 4%s series A
J-D
103
103
*103% 104%
•
J-D
*82
125%
127%
.
86%
75
J-D
.1977
29.
93
91
91 %
A-O
103%
103 %
91
86
103% 104%
112% 112%
A-O
121
5
111
117
1
103
105%
987/a
58
52%
52%
1
45 Vg
56 Va
1
103%
106 Va
98%
Apr
116%
110%
103% 103%
J-J
103 3'a
4
98%
111
J-J
4
111
HI
103% 103%
A-O
52%
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95%
100%
J-J
98 Va
51
101
104%
99%
95
103 %
95%
iJ
95
*__
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J-J
103%
'
100%
100% 100%
103%
101%
103
F-A
*115
115
117
J-D
*120
*118%
121
129
A-O
1013/4
101% 101%
26
101%
106%
ar-N
105 Va
1043/i 105%
73
104%
107%
__
122
7
103%
97
97
A-O
136%
93%
25
92 %
2
130 V4
36
99 %
105
102%
104
99% 101
99%
J-J
22
93%
93%
J-D
97
136% 136 %
A-O
*102'/a
J-D
—
_____
79 Vi
99 %
137%
100
Va
J-J
81
81
83
47
A-O
50
47 Vi
50
190
41
99
5
96
100 Va
104
105%
98%
J-D
*104
jr-a
993/4
Af-a
70
993/4
10
102
98
109%
112%
*100% 100%
100 Va
104 Vi
43%
34 Vi
♦109%
Jf-N
A-O
43%
43%
A-O
102
102
J-J
—
102
103
'
44%
105%
101%
:%£.:102 %
5
104%
-
92%
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...
100 V
106%
100% 102
92%
935/a
28
92%
98%
100% 101
102
Af-S
11
100%
103 Vi
31
93 Va
100%
A-O
99%
Jf-S
93%
93%
*98%
93%
Af-N
99 Va
99%
99%
99 Vi
16
100 Va
99 Vi
102%
108
Af-S
100
M-S
*99% 101
1st
cons
5s_.
1958
1993
100
A-O
101% 102%
20
109 %
100
98%
104%
100 Vi
107%
16
111
100%
*109% 111
*__
1007/a
Jf-N
J-J
106
101%
106%
W
Wabash RR Co—
Gen mtge 4s
Apr
81%
Apr
Gen mtge inc
125
121
121
J-J
91%
*101% 102%
J-D
A-O
89 %
94 Va
128
114 Va
61
91%
73
page
114% 115%
115%
J-J
94%
80!'a
91%
92
73
see
J-J
104
88
"2
94%
1975
105%
2
4%s series D
85
*92%
Coke 1st gold 5s—1949
Va Ac Southwest 1st gtd 5s_.—.—2003
105%
~1
footnotes
85
15
92
J-J
100
83 Vi
F-A
102%
85%
gen
*88
98 Va
83 Vi
100
Af-N
102%
82%
For
102% 102%
J-J
1957
s
3
—
85%
1st
J-D
A—1953
Cons
Va Iron Coal Ac
82
1974
56
f 4s series B
Vandalia RR cons g 4s series
Virginia Electric Ac Power Co—
1st Ac ref mtge 2%s ser E—
A-O
fet
103%
104
A-O
C__
debs— —1959
104
1959
series
1967
debentures
2%s
Universal Pictures 3%s
102 3/4
I960
5s
..
100%
mtge 4%s series B
gen
83
92
F-A
.
2%s
2
Pitts Youngstown & Ashtabula Ry
1st gen 4s series A
;
1948
1st gen 5s series B_,
...1962
1st
92%
91%
1970
debentures
2%s
Union Pacific RR—
5
1st mtge 4 % s series C
-
Electric Co
Virginian Ry 3s ser B
1958
91%
91%
119 y4
102
,
92
M-N
1023/4
90%
84
M-N
97
81
121%
118
102
®
99% 100
Af-fl
,^1970
debentures
1991
Ref mtge 2%s series C
...I960
i! United Biscuit '2%s debs.——
...1976
U S Rubber 2%s debs---—
k
•_
A-O
1953
103%
82%
3
100
J-D
1153/4
J-D
Pitts Steel 1st mtge 4%s
1st mtge 4%s series B
102%
106
3
A-O
debentures
104 7/a
119%
.1975
3%s
11%
100%
99
102%
„
107% 107%
*—
™
104%
99%
u
of Mb 3%s—.1971
1st mtge Ac coll tr 2%s_j.
-1973
ISAUnion Elev.Ry (Chic) 5«
—1945
Union Oil of Calif 3s deb
1967
Union
105%
6
M Gen mtge 3%s ser E
:
1975
Plttsb Coke Ac Chem 1st.mtge 3%s_1964
Pittsburgh
Consolidation Coal—
Gen mtge 5S series B
■
100%
100% 100%
*__
107%
97 3a
20
81%
J-J
105%
100%
2
*102%
-
F-A
mtge
34
*_.
J-D
,
Cons, gtd 4%s
i
101%
F-A
Gen
100% 102%
•
1957
i960
Cons gtd 4 %s series J_!
1064
Pgh Cine Chicago Ac St Louis RR—
i|;i!
_
J-D
Cons gtd 4s series H____
I®!
6
13%
100%
_
Pittsburg Bessemer Ac, L Erie 2%s__1996
Pgh Cine Chicago Ac St Louis Ry—
Cons gtd
95
101%
100% 101
•
i
—
—
105% 106%
101
101
__
,
IIAPhilippine Ry
<
123
__
M-N
Ac
121%
M-N
let
1st
(
Ac
10
99%
126%
108%
Phili Bait Ac Wash RR CoB
97%
99%
Louis—
Ref Ac imp
118 %
95 Va
104%
109%
101
11
97%
P-A
Co—
2%s ser E
mtge 2%s series F
mtge 2%s ser G
mtge
Ref Ac imp
122%
96%
Apr 1990
series
mtg 3%s ser
RR
1977
1969
1981
A.1978
126
X
103%
1985
Pekin Union Ry 5%s
5s
1st
Pacific
103
100%
96
126
mm
Co—
1980
1st
1996
1st
1961
Southern Ry 1st cons gold 5s
1994 '
Devel Ac gen 4s series A
1956
Devel As gen 6s series A
1956
Devel As gen 6%s series A
1950
Memphis Div 1st gold 5s
1996
St Louis Div 1st gold 4s
1951
Southwestern Bell Tel 2%s debs—1985
ASpokane Internat 1st gold 4%s__2013
Standard Oil of Calif 2%s debs—1966
Standard Oil (NJ) deb 2%s_—J—1971
Sunray Oil Corp 2%s debs
—1966
Swift & Co 2%s debs
1973
1st
104
13
A-O
J-D
1..1984
series E
3Vis ser F
General
Ry 2%s
101
101
J-J
103%
100
4
96 Va
°6
J-J
105
J-J
1981
1979
1983
1987
1994
debentures
2%s
106%
102%
96%
_1968
D
106%
130%
104%
10H2 101 hi
10142
Af-N
1965
AIncome 4s
Pere
106%
*__
A-O
1960
B
series
47
126 Va
106%
*126% 129
96
'
3Vis
mtge
Ac
104%
99%
102% 102%
103 Vi
J-D
1948
Peoria &■ Eastern 4s cxt___^
Peoria
48
If-H
_1948
105
32%
56
1971
1989
(Jos E)
Terminal RR Assn of St
series A.
4 Vis
mtge
Gen
96%
7
*104
<
A-O
1965
Pennsylvania RR—
Consol gold 4s
4s sterl stamped dollar
Cons sinking fund 4%s
Conv
77
1
_1952
ctfs
3s-s f debentures
/
104
Co—
Gtd 4s series
Gen
97%
96
3
*104
m-8
Pennsylvania Glass Sand 3%s
1960
Pennsylvania Power Ac Light Co—
1st mtge 3s
1975
General
96%
46
99% 100
96
J-J
Paterson & Passaic G & E cons 5S.1949
Pennsylvania-Central Airlines—
3Vis conv inc debs__
96
97'
J-D
:_1986
96
99%
J-D
1985
P
2%s
Tel
&
108 Vi
1971
&
series
101 %
101% 103
&
2%s
109
101%
&
ref
108%
J-D
1st
&
78
J-J
103
J-D
1st
1st
83
56
112
46
J-D
88 Vi
8
86%
J-J
i
J-D
103 Vi
96
26
__
1st
series
92%
J-J
Nov 1989
mtge 4s ser A
Gen mtge 4%s ser
Seagram
107%
102
98
96
96
25
1968
K
100 %
97
._
RR Co—
Line
90
92
81%
88
Ac Sons 2%s debs.1968
Shell Union Oil 2%s debs
1971
1st
19
11
13%
102
1970
J
105%
81%
88
1989
Union Depot 3%s B
Scioto V Ac N E 1st gtd 4s
Southern
3%s series I
ref
100%
*99% 100%
*__
A-O
ref gold 5s series A
Ac
San Fr Term
&
153/4
1997
St Paul
Pacific Gas & Electric Co—
1st
13%
8
"l
2022
ctfs
bond
M-S
J-J
1990
St Paul Ac Duluth 1st cons gold 4s_196«
ISt Paul & Kansas City—
§ A Short Line RR gtd 4%s
..1941
1st
ref
59
10
Ry—
certificates
bond
4s
Gold
&
110
1
-22
53
*8
M-S
1996
1953
mtge 4s ser A
4%s per A
Louis-Southwestern
Gold 4%s
1st
110
—
1996
2nd mtge
5t
103%
47
101
M-S
..I960
105
M-S
1971
3s ser A
1st gold 5s
gold 6s
St L Rocky Mt Ac P 5s stpd
St Louis-San Francisco Ry Co—
A
*12
.1975
99%
93
Skelly Oil 2%s debs
Socony-Vacuum Oil 2%s
South Ac Nor Ala RR gtd 5s
100%
J-J
.1975
2%s
mtge
103%
102%
102%
#
M-S
1949
1941
2d
128
101
44
68
96
1977
1967
1967
-y.1969
2.1934
mtge 4%s
Gen
136 Va
126%
__
65
*62
93
M-N
Southern Bell Tel Ac Tel Co—
1st
108 %
100
100%
100
Af-N
48%
127
122 Va
*99%
A-O
A-O
1974
111
J-D
17%
9%
1
65%
F-A
1948
17
109%
J-J
Reading Co 1st Ac ref 3%s ser D..1995
Revere Copper Ac Brass 3 Vis
1960
Rochester Gas Ac Elec Corp—
A 2d
J-J
J-J
J-J
1974
1975
1977
mtge 2%s
1st mtge 2%s
(Wise) 1st mtge 2%s
109% 109%
43
29%
9
Co—
1st
100
J-J
-
120
M-S
trust
105
9
103%
14
102% 104%
103
Q-A
Coll
103%
128% 130%
Q-J
&
77
40%
40
*__
Q-F
3s
Ref
104 Va
99%
59
108% 108 Vi
M-S
Jan 1 2047
registered
General
25
105% 106
42
5%
3
99%
*24
42
37
67
*__
14
8
18
10
*64
Northern Pacific Railway—
Prior
11
*—
1968
M-N
20%
48%
M-S
inc
conv
11
Af-S
Quaker Oats 2%s deb.
64%
1997
mtge 5s
*113
F-A
101%
107%
83
12%
High
98%
106%
__
56%
72%
Low
100%
52%
46%
No.
52
47%
Range Since
January 1
Sold
51%
102
Bonds
51
46%
46%
30 Vi
M-N
J-J
J-J
*100
*105%
1977
1957
1956
52%
47%
Norfolk
A Gen
28%
47%
J-J
J-J
J-J
1st mortgage 3%s
IA Providence Securities 4s
lAProvidence Terminal 4s
.
85%
38
64%
j-d
J-J
1974
Niagara Falls Power 3Vis
Southern Ry Co—
80
11%
Vi
130
*§AN Y
110
50%
A-O
2%s ser D
West & Bost 1st 4Vis
1st M 3%b
High
Public Service El Ac Gas 3%s_
110%
45 Vi
40
N Y Telephone
103
46%
A-O
5s
Potomac El Pwr
1964
1966
APittston Co 5%s inc deb
103
66
Range
Friday's
or
Bid & Asked
Low
101%
46 Vi
2014
Ry 1st gold 4s_1996
& ref 5s
1974
IA General gold 5s
t A Terminal 1st gold
Sale Price
99
45%
72
Week's
Last
Period
High
103
47%
45%
M-S
A-O
J-J
M-N
J-J
J-J
A-O
M-N
J-J
F-A
F-A
refunding 5s
gold 4Vis
Interest
1st Ac ref mtge 5s
1937
1937
1940
1943
1982
1946
1966
§lst
tA2d
BONDS
New York Stock Exchange
93%
77
47
M-N
M-S
J-D
M-S
A-O
J-J
J-J
—
17
6
68 Vi
68%
1954
|AN Y Ont & West ref 4s.__June 1992
A General 4s
1955
N Y Power & Light 1st mtge 2%s_1975
N Y & Putnam 1st cons gtd 4s___1993
N Y State Elec & Gas 2%s
1977
N
Y Steam Corp 1st 3 Vis
1963
IN Y Susquehanna & Western RR—
1st 4s
Low
No.
104
*103
Port Chester—
A Harlem River &
RECORD
OCTOBER
Range Since
January 1
Sold
*103% 112 Vi
*-0
3Vis
deb
ANon-conv
ENDING
3
99%
103
103
Y-N
deb 4s
ANon-conv
BOND
Friday
Bonds
92%
99%
Harford RR—
|N Y New Haven &
High
*90
A-O
P-A
M-N
B—1973
1951
RR 2%s ser
N Y Dock 1st gold 4s
N Y & Harlem gold 3V2S
Y Connecting
N
WEEK
FOR
Week's Range
Friday
Interest
BONDS
f
Monday, October 20, 1947
THE COMMERCIAL & FINANCIAL CHRONICLE
(1600)
28
inc ser A
Jan 1981
4%s ser B—.Jan 1991
1st mtge 3%s ser B
—1971
Apr
80%
80%
98 Va
81%
81
98%
1
11
25
80
80
95%
94
92%
102%
.'MS*.,,
THE COMMERCIAL & FINANCIAL
CHRONICLE
Number 4639
166
Volume
NEW
YORK
RANGE
Friday
Last
Feriod
Sale Price
(Hiram) G & W 2%s debs_1966
M-N
debentures 3'As_1976
M-N
Walworth Co
Ward
conv
Bonds
Friday's
or
Bid & Asked
Low
Walker
WEEK
BOND
ENDING
Sold
Range Since
January 1
No.
High
Low
BONDS
New York Stock
A-O
1970
Last
Period
Sale Price
or
Friday's
Bonds
Bid & Asked
Low
107
No.
Low
98%
20
98
100%
1958
95%
A-0
14
94
100
1960
J-J
—
J-J
69%
69
69%
65
ART
24
21%
24
57
106% 107
Q-ikf
*45
J-D
_
9
110%
113%
7
§ A 1st general 4s
.1949
A Certificates
of deposit
§ASu & Du div & term 1st 4s_. "1936
A Certificates of
deposit
Wisconsin Electric Power 25/8S__. .1976
105%
107 %
Wisconsin
101
102
___
110% 110%
60
103
%
J-D
106'/a 106'A
West Penn Power 3%s series I
1966
J-3
108
108
10
106%
Maryland 1st 4s
1952
A-0
102
103
44
101%
Pacific
5
101'A
105%
118'/a
95%
60
82%
66
*19%
J-D
98
*—
75%
15'/2
24%
18
21
98
102
„
98
--
106
79%
102'A
116%
98
15
106%
Western
1
1
118
*
109%
Western
High
102% 102%
118
JWisconsin Central Ry
107%
100%
——
102'A
—
_
105%
50
__
*
__
25
53'A
*100%
F-A
Range Since
January 1
Sold
High
95
F-A
Washington Central Ry 1st 4s
1948
Washington Terminal 2%s ser A__1970
Westchester Ltg 5s sfcpd gtd
1950
Interest
Exchange
High
Baking Co—
5%s debs (subordinated)
17
98
—
Warren RR 1st ref gtd gold 3%s__2000
RECORD
OCTOBER
Week's Range
Interest
BONDS
York Stock Exchange
New
FOR
(1601)
Gen
—1967
mtge 3%s
4%s
lnc
ser
A—2014
102%
May
101% 101%
—
Public
Service
3'As
.1971
J-J
Yonkers Elec Lt & Power 2%3
.1976
1970
J-J
108%
108 '/a
109'A
Y
Western Union Telegraph Co—
1950
1951
1960
1951
1971
2361
2361
1949
Funding & real estate 4%s
25-year
gold
30-year
5s
5s
---
Westinghouse El & Mfg 2'/as
debentures —1
2%s
West
Shore
guaranteed
4s
1st
Registered
Wheeling & Lake Erie RR 4s
Gen
&
3'As
mtge
D
ser
95%
95
M-S
95
93'A
95 '/2
142
76%
91%
90%
92'A
101
75
93%
*97
95%
J-J
J-J
101%
101% 101'/a
100
M-S
M-S
99% 100
62%
M-S
16
H OO
9
103
99%
not
64%
66
57
76%
62
25
55%
72%
__
——
*104%
98%
98
98 %
99%
99%
99 %
106'A
15
*98%
__
98
106
99'A
included
sale not
year's range,
in
the
n
included
In
.
100
101%
100
the
year's range,
d Ex-interest,
e Odd-lot sale
not
Under-the-rule sale not Included in the
year's range,
r Cash sale
year's range,
y
Ex-coupon.
A
<
.
§Negotiability impaired by maturity.
tThe price repreeented is the dollar
quotation per 200pound unit of bonds. Accrued interest payable at the
exchange rate of $4.8484.
tCompanies reported as being in bankruptcy, receivership, or
reorganized under Seotton 77 of
the Bankruptcy Act, or securities assumed
by such companies.
102'/a
7
J-J
104%
100
J-D
M-S
delivery
included in the
60%
M-N
Deferred
a
103
62%
__
1970
1967
Wheeling Steel 3'As series C
1st
94%
1992
series A
2%s
M
ref
95
M-N
101%
♦Friday's
bid
and asked
flat.
prices;
no
sales
ABonds selling
being transacted during current week.
NEW YORK CURB EXCHANGE
WEEKLY-AND
NOTICE—Cash
in
in
footnote
a
sales
and deferred delivery
week
the
In the following
in
which
they
are
disregarded in the week's
No
occur.
account
extensive list we furnish
is
taken
of
sales
in
YEARLY
RECORD
the only transactions of the week, and when selling outside the regular weekly
computing the range for the year.
unless they
range
such
are
range
are shown
the New York Curb Exchange for the week beginning on Saturday,
Oct. 11, and ending the present Friday, Oct. 17. It is compiled from the daily reports of the Curb Exchange itself, and is intended to include
every security,
whether stock or bond, in which any dealings have occurred during the current year.
complete record of the transactions
a
RANGE
Week's
Friday
York
Exchange
Curb
Range
Shares
Low
Par
Aluminum
Acme
Wire
Adam
Hat
Alloys
Friday
STOCKS—
New
Range Since January l
High
L010
10
May
5%
Jan
Baldwin Rubber Co common
6%
300
4'/2 Aug
12%
Feb
Banco
31 %
Oct
31%
_
31%
20
23
Jan
6% May
11%
Feb
Barium
Aeronautical Products lnc
1
3 %
3%
3%
1,000
2
Aug
3%
Oct
Barlow
Aero
Supply Mfg capital stock
Agnew Surpass Shoe Stores
1
•
2%
2%
2%
3,100
2%
Sep
3%
Feb
Ainsworth Mfg common
Air Associates lnc (N J)
5
14%
13%
14%
800
8%
10%
400
Air
2
Convertible
60c
1
common
preferred
Mfg Corp
10
50c
10
common
Electric
Alaska
Alles
Allied
Allied
Power
4.20%
Airlines
&
Fisher
~2
pfd
$3.75
cumulative
Aluminium
Ltd
Feb
Bellanca
Aircraft
Jan
Bell
of
Tel
Jan
Benrus
Watch
5%
6%
1,500
4%
Jan
6% July
Benson
&
87.%
87%
80
"4%
2,400
99
~3 %
1CO
1
1
common
preferred
1
100
—
17
101%
25
57
62
17
63
6,500
*
common
5'A
11 %
Jan
Convertible
Berkey
30'A
180
29%
850
30%
500
177% 188
Bantam
American
Car
Co
1
1
Beverage common
American Book Co
100
American Cities Power &
Class
&'Gay
Class
25
called
A
2%
Jan
Bickford's
lnc
Blauner's
13
Jan
25
Feb
Blue
48'A May
101 '/a Oct
80
Jan
Blum
105'A
Feb
Blumenthal
22%
Sep
Bohack
Jan
32%
7%
195%
Sep
Feb
5
Feb
1
—
American Gas & Electric
10
preferred
100
American General Corp common
$2 convertible preferred
$2.50
convertible
preferred—
Hard Rubber
--
52%
■
Mar
52%
Sep
13
Itf
1 6
•'
%
20
36%
37
11.2'A
20
37'A
Oct
52%
Oct
1,300
4 'A
May
7%
Jan
2,600
~5'A re
in
%
Jun
1%
Jan
500
10,000
111'A 112%
300
17
May
36% Sep
110'A Apr
23
Feb
43%
Jan
113
May
2%
2%
1,100
42%
25
42'A
44%
44%
25
43%
Sep
Sep
20%
2
l'A
450
13'A
Jan
21'A
Oct
32%
33%
100
37%
Feb
2,900
29% May
18'/a Sep
24 %
25
2
l'A
20
(S)
(H C)
& Co
Co
2% May
3%
Borne,
Products Co
Potash &
Chem class
:
A
Jan
Amer dep rets ord reg
British Columbia Power class A
Feb
Bruck
Silk
2
Jan
3%
2,900
400
15
Jan
25%
Oct
47%
100
35
J an
48%
Sep
35%
50
32
43
Feb
Burd Piston
43%
Feb
23%
Jan
Burma Corp Amer dep
Burry Biscuit Corp
Butler (P H) common
4%
700
3%
Sep
6%
Feb
l'/a
1
25,100
1
Apr
1%
£00
42
5'/a
600
10%
2,600
May
4% Aug
7% Jan
Anchor
2
7%
7%
7%
1,300
6
A
A
6,500
Va
Sep
%
Oct
6%
6%
100
5'/a
Apr
7'/a
Jan
Products
Rights w i
Angerman Co lnc
_1
common..
—
Angip-Iranian Oil Co Ltd—
dep rets ord reg
h
Common class A non-voting
preferred™—
Oil
&
100
3%
__
pfd
Refining Co__
6%
7,300
6'/a
6%
Atlantic Coast Fisheries
Atlantic
Coast
Line
Co—_n
Atlas Corp warrants
Atlas Plywood Corp
i<
^
*
2,900
6%
28,900
200
10%
Jan
10
110%
Jun
11%
1,600
12%
13%
12
13%
6,300
preferred
Ayrshire
Collieries
*
Corp
1
3% May
9% May
10 % Jan
Sep
""%
55%
9%
525
% May
4% Jan
6%
9
__
"l'/a
8%
l'/a
7%
4,100
5'A Aug
54
1,700
55%
125
5%
6%
18,600
33
32'/a
33%
3,900
1
Ltd—
5%
7%
•
Oct
9%
Jan
Cable Electric
Calamba
For footnotes see
30
page 33.
11%
13
2,200
45
45
100
124
124
30
26
25
26
330
__
17%
18%
♦
—
5%
—
8'A
1,100
12
5%
13 Va
700
5%
900
23
23
8'A
25
8'A
300
7%
14%
Jun
10
May
37% May
May
15
Apr
55
Jan
Apr
37
Feb
17%
Jan
22%
Jun
14'/a May
17% May
11'/a Oct
4
Feb
Jan
132
116
21%
Jan
Jan
Jan
20
Feb
Jan
5 '/a
Oct
Jun
26%
Jan
6'A May
10'/B
22%
-i-
*
14% July
18%
—
18%
1,000
22
Jan
36
Feb
18%
Oct
25
Jan
14% Aug
18%
Jan
Feb
33
—
—
12%
600
13
2%
--
21%
Jan
12%
20%
Feb
4%
Feb
Oct
2%
2%
300
2%
Oct
22%
22%
25
22%
Oct
2 7'/a Mar
1% May
15'A May
2% Mar
22
7%
21%
7%
22%
1,700
8'A
2,300
23% July
9
Feb
5% May
500
11%
47
Jan
Feb
26'A
Feb
10%
Jun
12%
Feb
32
41
42
11'A
11%
1.200
1,600
15'A May
10% May
18
18%
16
16
16
{U
3%
Jun
25
—
—
12 %c
%
3%
50
7,700
%
2,300
U
3%
3 %
19% Mar
16
Oct
1 % Mar
Jun
Oct
.
7
Feb
13'A Aug
12'A May
25c
24
5%
11%
pfd
£l
-1
Electric
Tungsten
6%
500
Feb
Canada
Bread
Oct
Feb
6% July
6% %
preference
Convertible
Canadian
A
B
Mar
Class
14"%
Feb
Canadian
13'A
Oct
7%
voting—
non-voting
11% May
Jan
•
Kennedy lnc
27
58%
9
Jan
7'A
Feb
Feb
Jan
Oct
2,500
37% May
61
Oct
39%
Oct
42%
.Tan
12
Amer
Co
*
common
Power
&
Co
Jan
26
May
200
May
22
May
12'
12%
200
15%
Jan
15
9'/a May
9% May
Jan
1%
1%
35%
1%
37
;
Jan
33%
Sep
45
Mar
6%
Jan
10'A
Feb
July
32%
Oct
6'/a
Jan
Oct
8%
8%
400
"6%
6%
6%
100
1% May
23
51
52
Co common
190
6%
43 '/a
115
Jan
52
Oct
Oct
119
July
Sep
20
Jan
115% 115%
25
8'A
8%
2,900
10%
115"%
10%
100
1,300
6
50
30
May
43 %
9% May
17%
Feb
96%
Feb
7%
1%
1
(A M)
& Co
Corp of America
Maine
Power
Sep
3
Apr
9
Apr
11
Mar
May
9
Jan
—
6%
*
10
1
6 %
35
6%
35
11
12%
5,500
£'5 %
11%
86%
50
20
20 %
400
Co—
100
preferred
Central Ohio Steel Products
Light 4% pfd
Central & South West
2s 6d
1
Corp
1
100
*
Jun
3
250
2,600
8%
52
165
Jun
Ltd—
(J W)
Casco Products common
Castle
*
Light $5 pfd
Biscuit
dep rets B ord
Carter
12
10
-—2.50
common
Carreras
20
165
1
New
Jan
May
22
12
*
Carey Baxter &
Central
60%
Feb
23'/a Mar
20'A Oct
20
_*
:
Capital City Products
16
Feb
100
5%
26
-1
Carr-Consol
.31%
Jan
22
22
100
Carolina
100
Mar
10
•
preferred
Carnation
300
8
7% May
2% May
1,300
-
Industries Ltd—
Feb
58%
6% Jan
1,200
8'
4
Alcohol—
Feb
55%
Apr
3% Mar
*
<
preferred
Industrial
Class
July
26%
4%
Jun
600
7%
8
20
;
7
10% May
24'A Jan
7%
Canada Cement Co Ltd common—___•
Canadian Caoners U;d
37
100
3Ve
*
Ltd
Co
63
600
1,000
3%
8
5
Apr
3% May
6%
7%
1
Fire Insurance
6% July
1%
3%
2% July
1
Power—
Corp
Camden
11'A July
114
rets 5%
July
114"% Mar
8%
3%
50c
Products common
24% May
5% Sep
5% May
14%
5,7
12
45
124
rets
Sugar Estate
California
3.50%
57
400
4
May
Wireless—
American dep
Central Power &
preferred
12'A
3
Feb
B
Baldwin Locomotive—
12
—
1
Catalin
Babcock & Wilcox Co
8,200
2.50
Ring Co
50
26%
—
3%
*
Carman & Co common
6%
—
3
*
11% July
9% Feb
14%
__
5
25
Mills
Canadian Marconi
__1
Automatic Voting Machine.
Avery (B F) & Sons common
3 % May
9
6
l
Automatic Products
6%
50
i
Oct
4% May
6%
112% 112%
•
1
108%
10%
£i
—•
3'A May
7'A Jan
6'/a
Associated Electric Industries—
American dep rets reg
Associated Laundries of America
Associated Tei & Tel class .A—
140
1,300
Jan
10%
2.50
1
11%
6yfl
6%
•
800
108% 109%
6'A
*
3%
10%
11
10
:
Arkansas Power & Light $7
Aro Equipment Corp„
1
1
Arkansas Natural Gas common
May
16%
'
__1
5%
10%
Callite
£1
Angostura-Wupperman
:
Apex-Elec Manufacturing Co
;
Appalachian Elec Pwr.4%% pfd
Argus lnc
.
Cables &
'A
3'A
24% Mar
Oct
Feb
63
5%
__
11%
15%
Jan
58%
9%
5
11%
6% May
1
Bunker Hill & Sullivan
55%
7'A May
50
5
Buckeye Pipe Line—
4%
1 %
500
9'A
1
common—
common
35%
4%
100
9'A
•
Distillers
Rubber Co
25%
9%
preferred
Brown Forman
47%
58 %
16%
8'A
9
♦
4'A
.
16%
95,800
9'A
__
10c
Class B
2% May
10c
com__
16%
•
i
5l
25
May
Jun
Jan
£1
(E L) Co
29% May
16% May
Feb
Celanese Ltd—
Brown
2,100
Oct
23
2%
l'A
dep rets ord reg
Amer
Bruce
2,400
Feb
10
1 Sep
l'/a
♦
Go
British
July
19%
common
QH
Jan
17 %
36%
Jan
Oct
9%
1
1%
£1
32% July
18%
1,000
35'/a
dep rets ord bearer
Apr
35
10
180'/2
Jan
5
Ashland
Amer
Jun
19
9%
Jan
3%
Oct
136
British American Tobacco—
14'/2
36
160
*
28%
♦
1,200
2'A
8% Mar
23
May
l'/a July
May
1
common
100
10
American Thread 5%
6%
Mfg Co
200
:
Feb
Jun
16
31
1
Class A
18%
__
Feb
Apr
*
*
49
American Writing Paper common
Amer
Brillo
-British-American
16
Republics—
Seal-Kap
Light & Power
Aeronautical
31
*
:
Bridgeport Gas Light Co
Bridgeport Oil Co
18'/8
2%
2%
139% 143%
•
Corp common
Brewster
15%
—
Amer Superpower Corp
$6 series preferred
_
Breeze
31
American Meter Co
Post
Traction
18%
3'A
7'/a
20%
16
*
lnc
Brazilian
31
__
600
100
25
*
common
common
preferred
Scrymser Co
25
i_25
common
2
American
50
42%
American
B
100
2%
1
American
May
42%
American Maracaibo Co
Class
52%
Jan
5'A May
9 '/a May
1
1
1st
25
Mfg Co
American
3% Mar
90
52%
~6
1
Co
preferred
Metal
Jan
l
Laundry Mach
American Light & Trac common
6%
Va July
10c
American
American
2
70
10
18'A
1
Ridge Corp common
(Philip) & Co lnc
Apr
20
2%
& Mac{i Co com_*
common
18
200
25
B
American
2%
x85
600
19%
3
Birdsboro Steel Fdry
Feb
2% May
6%
1
common
Aug
9,900
3
2%
x85
—
American & Foreign Power warrants—
American Fork & Hoe common
*
4%%
2%
Feb
May
*
Furniture
5
Light—
A
Class
2%
Apr
6%
Jun
Bourjois
American
26,800
Feb
11
July
3% May
*
preferred
23
161'/2 May
5%
13
6
18
„
143%
1
common
Jan
700
4%
6%
—
1
lnc
Co
Hedges
19
101% 102%
*
♦
common
108
May
High
9% May
16
100
common
15
1
*
Oct
3
6% Aug
4% Oct
is
Mar
1
Canada
9
92
5'/a
1
common
Corp
5'A
Sep
*
America
Aluminum Goods Mffe
Aluminum Industries
Ties
Shoe
3'/4
1
common
of
(A S)
500
1
Co
Beck
4%
5
Aluminum
Beau-Brummel
Feb
Sep
100
lnc
Co
Feb
4'A
Jun
1,100
1
4'A
common
Bros
1
12%
(L)
l'/2
81
Low
11%
5
lnc
Bauman
6%
86
1
& Co common
Feb
4%
Internat Investing Corp
Products
(Mich) common
Altorfer
Refractories
1~5
38
Range Since January 1
High
10%
8
Corp
5,800
July
Low
11%
Seelig Mfg—
50
Appliance
Alabama Great Southern
Alabama
&
"2%
31
"2'A
May
Steel
3
convertible preferred
Air-Way
3 '/a
1
$1.20 convertible A common
Basic
10% May
7'A Jun
Shares
shares
American
1,000
--
for Week
los Andes—
de
8
Sales
Range
of Prices
•Par
High
3
7%
lnc
Week's
Last
Sale Price
Exchange
500
7%
Aireon
Curb
4%
1
Investors
York
6
6
1
Stores
17
4
common
Co
OCTOBER
for Week
of Prices
ACF-Brlll Motors warrants
Acme
ENDING
Sales
Last
Sale Price
STOCKS—
New
WEEK
FOR
on
85%
Oct'
A
10
10
10%
15,600
15 '/a May
av»
98%
--
a
Sep
8% May
Feb
21'A July
1? 102
11%
Jan
Feb
2)
30
RANGE
Friday
Sale Price
Aircraft
Co
Corp common
Cherry-Burrell common
Chesebrough
Mfg
common
Chicago Rivet & Mach
Chief Consolidated Mining
SChilds CO preferred
Cities Service
Stamping———
City & Suburban Homes
Auto
City
Clinchfield Coal
22%
23%
Feb
12%
200
12
12%
Oct
3Va
3%
2,900
Jun
4%
Jan
27%
1,600
July
27%
Oct
%
12
13
150
26 Mi x27 %
75
2>A
11%
oct
27%
Oct
77%
Jan
425
14
Oct
3,800
1
May
May
18%
1%
93
May
430
36%
40%
46,800
12%
12%
600
10
9%
2,100
17%
16
2
1%
600
2%
1%
650
66,100
15
Feb
13% May
1% Sep
19
Jan
1% May
Jan
12
12
100
9"%
100
152
460
66%
100
Jan
10% May
8% May
143
7%
148
Oct
12
7%
1% Mar
40%
23%
152
—•
Feb
14
19 Va May
70
Mar
120% 126%
9%
2%
18
Jan
18%
1
12%
Oct
125
71
18%
40 Va
46
-4
Jan
6% Aug
11%
Jan
Feb
3%
Jan
3%
Jan
15%
Feb
Oct
152
10% Aug
9% May
•
Feb
13%
4%
11%
Feb
3%
3%
3%
1,000
3
May
1
1
9 %
9
9%
6,000
7
Aug
6%
1,500
5%
5%
6%
19,700
25
Airlines
Colonial Sand & Stone Co
34%
33%
34%
700
5%
1,900
3%
58,400
A
Aug
200
30%
Jun
34%
Jan
%
Sep
2%
Jan
6V8
Colorado Fuel & Iron warrants
Colt's
Manufacturing Co
Commodore Hotel Inc
6%
5
1
warrants-
iV
16
25
Southern
&
May
Apt*
12% May
70%
—1
*
Corp
Commonwealth
12
375
23%
Development ordinary——
Colonial
225
21%
1%
Cockshutt Plow Co common
Cplon
520
21%
17 Vz
17%
Products Co——
Club Alum
78
21
—-—,—1
& Lambert Mfg
Clayton
70
13
30%
30%
Community Public Service
Community Water Service
Vtc
$3
32
4% May
3% May
8
ext
4%
series
3% May
5% Aug
■fk Jan
preferred
69%
707/a
1,400
83%
Jan
115
115 V4
190
115
Oct
118%
Jan
108
108
108%
70
108
Mar
110%
Jan
9
9Va
2,100
x7% May
63% May
9%
Jan
85%
Feb
9 Va
69%
73
75%
800
75
3
500
28
27
28
2,100
21%
Apr
34%
12%
12 Va
12%
2,200
7%
Jun
12%
2%
Oct
27/a
10c
2%
2'A
2%
1,100
1
2%
1
157/B
14
1
•
5c
3%
3%
500
10%
10%
10%
4,400
Coro Inc
•
10 V4
Corroon & Reynolds
$1 preferred class
1
•
3Va
l
"4%
Car-Na-Var
Continental
Fdy & Machine Co.;
Cook
&
Corp
5%
A
common—.—.
convertible
preferred—
dep receipts
reg)
Brewing
Crown Cent Petrol
Cork
preferred
Atlantic
Cuban Tobacco
debenture
Co
Gasket
Gray
Detroit Steel
11% Jun
3 % May
100
47
3% Aug
11
Feb
4% Jan
14% Aug
5
Oct
47
Oct
36
Jan
Sep
7%
35%
Oct
25%
Jan
1%
7%
Oct
100
7%
800
5%
900
&
6%
5%
5%
"4
4
4 Va
2,300
1%
1 Vz
300
25%
170
1%
25
25
21%
10%
15%
new
17%
Feb
33
107
Jan
7% May
5% May
17
Jan
8
Feb
15%
10%
15%
100
200
36%
7%
50
7%
900
35
90
11'A
12
2,100
16%
17%
10% May
28
May
6%
Apr
Aug
6 % May
9% May
32
May
26%
Jan
15%
Oct
38
Jan
10%
Feb
12%
155
Feb
May
10'A
Apr
17 Va
Oct
9%
Sep
14
Feb
9%
2%
3
1,400
20%
20'A
21
500
*
2% May
17% Aug
21
Oct
16
Feb
3%
Feb
11%
Sep
6%
3,000
4%
Apr
17%
Feb
19
Feb
12%
13 V4
1,100
11%
Sep
19%
Feb
3%
4%
9,900
2 Vz
May
4%
Oct
33%
Jan
33%
Feb
10% May
22% Oct
17%
Feb
25%
Jun
6%
—50C
7% Jan
Ltd
£1
_
_
__
Corp class
Dominion
Steel
Tar
Chem
_
Co
_
4
12%
25
*
Ltd
_
22%
100
Sep
94
Feb
69%
25
67
May
79
Jan
40
10
__
_
41
150
39
May
48
Feb
Oct
106
%
£1
reg
common.
92
84
_
Durham Hosiery class B
%
355
%
Oct
7%
Sep
May
4% May
11% May
12
——
5%
--
84
3,100
__
__
•
Sulphur.
l'A
•
Duro Test Corp common
Texas
8,800
76%
Rights w i
Dunlop Rubber Co Ltd—
dep rets ord
13
69%
•
Co
11%
22%
*
Corp.
Co
—
*
Dominion Textile Co Ltd
Driver Harris
13'A
*
& Coal B
&
—
——
1
1
A
Bridge Co Ltd.
Dominion
_
14
5%
14
700
200
-1
Fire
6%
prior
preferred
3%
100
preferred
__
75%
100
Eastern
Malleable
Eastern
States Corp—
Iron
3%
3%
84
84
71
76
3,100
25
1,600
25
1%
Apr
Oct
10% May
18'A
Feb
6%
Feb
15%
Jan
97%
Jan
49
76
Oct
4%
May
Jan
«
4
4
preferred series A
_•
79
77
79
200
50
$6 preferred series B
•
75
73
75
700
40
May
int—
1
13%
12%
13%
700
13
Aug
$5 pfd shares of beneficial int
Easy Washing Machine B
1
59%
59%
60
•
9%
9'A
$7
8,200
4% Jan
2% May
81
May
35%
1% May
May
50% Aug
4%
79
Oct
Oct
75
Oct
14%
shares of
beneficial
9%
2,900
42% May
1,700
6y« May
& Share
common
Electric Power & Light 2d pfd A
5
13%
151
•
5%
Option warrants
Electrographic Corp—
1
14 %
44,800
148
152
5%
6
1,100
3
500
100
1
Electromaster
13 %
Elliott Co
5%
Inc
Empire District Electric 5%
Emsco
Equity
$3
Derrick
Corp
&
Eureka
Eureka
preferred—
Inc—.xi,
45
45
46
100
60
see
page
33.
__
1%
<
1
3^
10
28%
43 % Aug
50
400
8,600
9%
28'A
Oct
100
1%
3%
Feb
Sep
11%
28
Sep
24%
1%
9%
7%
24
Jan
4,200
11%
9
17%
155
Feb
101
200
7,500
250
8%
Jun
Jan
1% Aug
43% Jun
6
May
lii May
28
Ffb
Feb
Aug
3,700
12% May
22%
Jan
11%
2,400
11
14
Jan
53
350
45
64
Feb
Sep
Aug
1% May
700
Jan
Jan
43 Va
Jab
18
2%
2%
40
Jan
20 Va July
Sep
6%
Apr
Sep
18% Aug
20%
Feb
4%
4%
300
4%
17%
18%
1,600
16%
22%
22%
75
2
JE1
dep rets ord reg_
Amer
2
800
—
Ford Motor of Canada—
Class
18%
non-voting
A
Class B voting.
Ford Motor of France—
Amer dep
—
rets bearer
4% %
Franklin
common
Jan
Sep
31%
Feb
400
7Va
Sep
14%
Feb
50
29%
Sep
38%
Feb
6% May
12%
Feb
29
Feb
1,300
700
27
26
Garrett
10'A
500
8%
X8%
8%
Co.
100
32
32
Stores—
Fuller (Geo A)
Jun
Mar
9'A
8%
preferred
conv
Sep
7%
Oct
3
8%
27
27
(Peter) Brewing
Franklin Simon & Co Inc..
1%
23
28%
8%
8%
Fort Pitt Brewing Co
Fox
Corp
5%
*
Gellman
__
—
20
16% May
19%
Feb
Apr
104%
May
9%
Oct
May
3% May
3%
Jan
6%
Jan
32%
Jan
2
8%
2%
3 Va
1.100
4 %
4
Va
4%
4,500
24 Vz
25%
100
22
Apr
Feb
Electric Co Ltd—
General
£1
Amer dep
rets ord reg
General Finance Corp common
5%
General
Public
Service
preferred
Coal
99% Aug
115% Mar
110% Oct
Jan
5%
4,500
20%
250
5
Goodman Mfg Co^
Aug
13%
Jun
1778
Jan
27%
Sep
29%
Apr
24%
1,100
18%
Jan
25
Feb
21 Va
2,600
16
Jun
22%
13%
800
Ve
700
4
1,800
3%
9% May
Oct
13
33
——
100
33
50
99% 100
%
II
II
Mfg common
10
Graham-Paige Motors $5 conv pfd__25
64%
5%
Jan
61%
Jan
1
Sep
104%
Jun
IV*
Jan
44
Apr
200
7% May
300
47% May
19
1,200
9% May
51% Aug
15 Va
Jan
Oct
65'
Oct
19
Feb
9%
200
7
May
10
3,000
8
Sep
14
Feb
103
150
July
7%
7%
8%
10
5
34 Vs
Sep
% May
99
~9%
18
7%
25% May
65%
9%
63
Jan
17
Jun
9,000
„
"9%
Oct
14% Mar
3y4 May
48
Gorham
Varnish—
Feb
54 Va
100
3%
•
—
22''2
14'A
14% xl5
14%
1
—50
6% Mar
Jun
13
_
*
prior preferred
4% May
52% May
13%
20%
20%
•
Class B
Grand Rapids
Mar
23
1
Goldfield Consolidated Mines
Gorham Inc class A
May
*
Godchaux Sugars class A
$4.50
3
89
__
5
Inc
(Adolf) Inc common
Jan
210
__
_
Oct
4
Sep
24
1
Feb
25%
100
110 Va
14'A
*
May
Jan
111%
5 V*
Feb
31% Aug
109
800
—
.*
2.50
18% May
89
40
20'A
Glenmore Distilleries class B
Jan
24
150
•
Gladding McBean & Co
Gleaner Harvester Corp
110
112% 113
*
Co
9%
110'A 110'A
—
1
1,100
Jan
9 %
3%
99
*
(AC) common.
May
99'%
3%
3%
99%
•
Preferred
19%
100
100
•
Gilbert
Globe-Union
300
19%
19%
100
Giant Yellowknlfe Gold Mines
Alden
31%
Jan
14
7% July
6
xl03% July
1
•
Georgia Power $6 preferred
$5 preferred
Gilchrist
8%
31%
preferred—*
General Shareholdings Corp com
convertible
Va
250
——
1
$6
2,400
8
100
Plywood Corp
General
8V4
7%
8
10
*
preferred series A
Fireproofing common
General Outdoor Adv 6% pfd
10 Va Aug
—
1
General
Glen
Feb
Apr
6% May
4
9 Va
3
1
—25
_.'4
11V
15
94
1,800
9
1
•
Mfg Co common
Alloys Co
General Builders Supply Corp
5% conv preferred
5,900
__
_
100
preferred
General
$6
10'A
9%
10'A
2
Gatineau Power Co common—
Great Atlantic A Pacific Tea—
Non-voting
common
stock
7%
1st preferred
Great Northern Paper
•
100
—
_
45
46
700
10'A
10'A
10%
300
Products
108
108
9%
108
100
9%
100
14%
400
95% May
112
133%
__
-
46
—J
25
common__25c
Gulf States Utilities $4.40 pfd
100
Gypsum Lime & Alabastine
•
Stores
Grocery
102
•.M
Jun
145
Apr
39%
Jan
47
July
9% July
15%
Jan
Oct
114%
Ffeb
Oct
15%
Feb
108
9%
H
Hamilton
14%
5
Hall Lamp Co
Bridge Co
36%
Hartford
25
1
1
Harvard Brewing Co
Hat Corp of America B non-vot
Hathaway Bakeries Inc
Hazeltine Corp
Hearn
Hecla
Helena
2%
8%
13%
—
800
__
_
14
500
600
70'A
2% May
4%
Feb
9
Feb
9% July
& Co
9%
1,000
10%
11 Va
1,200
10 Vz
12
13'A
800
13
13
13'A
600
11
11
11%
800
99% 100
170
78
20
78
class A
10%
13%
Aug
Sep
14% Mar
May
25
Jan
13
Oct
16
Jan
9
% Mav
10
13%
99 Vz
Oct
107
78
Oct
85
Feb
Jan
Mar
Feb
Jan
15%
X35V*
10
5
500
77/a May
10%
Feb
400
4%
Apr
6%
Feb
Jan
9%
5
5
300
9%
_9%
23
55'A
5
•
Inc
Hormel
(Geo A) & Co common
Horn & Hardart Baking Co
Horn & Hardart common——
preferred—
40
•
•
'•
38
35 %
35 %
200
69%
2,500
5
5%
300
•
1st
preferred
Hydro-Electric Securities
Hygrade Food Products
57
Feb
AUg
27%
Jan
Jun
23
Aug
37
Jan
41 Va
AOg
150
Oct
34% May
Mar
28
Apr
55% Apr
4% Jun
181
Feb
43
Feb
116% July
36% Aug
7
1
7
9%
9%
49
1
•
5
2%
2,000
72% Aug
9 V*
Feb
July
7
175
10
1,900
50
2%
375
200
12%
Sep
14
42
13% xl4
14
warrants
Huyler's common—
30
275
69
69%
common—*
preferred
60
113
-5
Co
153%
37%
38
•
&
40%
153
153%
100
5
(Harvey) Inc
8 Va
49
20
Holophane Co common.
stock
Feb
Jun
19% May
Mar
400
4,200
20 %
54%
22%
1
Holly Stores Inc
Common
17 Vz
23%
10
1
1
Hollinger Consolidated G M
Refrigerator
Oct
Apr
May
13
10%
9%
Feb
6% May
12%
9%
Oct
Feb
5
7%
2%
8'A
100
100
preferred w w
preferred w w
Henry Holt & Co common
Heyden Chemical common
$2.25
Apr
55%
2
4%
Hussman
Feb
36%
Jan
•
5%%
Horder's
Oct
8%
May
*
A
(R)
10,200
2%
2%
5
Heller Co common
Hoe
60
5
15 %
5% May
9
28
25c
Dept Stores common
Mining Co
Rubinstein
Class
58
4
4%
com__l
1
*
650
650
57
!
58
Hartford Rayon common
6%
36%
"7%
10*
Paper
Electric Light
35%
6
6
Ltd
Hammermlll
Oct
4%
_1
„
Jan
3%
30 Va
17%
2%
Aug
47%
Feb
Jun
15
Ffeb
5%
Feb
7% May
10 V*
37% May
51%
Feb
Oct
3%
Feb
J&n
2%
100
21
May
49%
28
28
29%
28%
29'A
4,600
25
May
31V4 July
#58%
57 %
58 V*
1,000
55
May
64
11
13 V*
14%
1,050
12 V*
11%
12%
4,200
11%
11%
500
10% May
11%
11%
700
10%
Oct
14%
Feb
10%
11%
150
10%
Oct
21%
Jan
102% 103 Vz
190
28
I
10% Aug
2% Aug
15% May
—
5
l
Corp Ltd——
Pipe Line common—
For footnotes
22%
10c
common
convertible
Esquire
pfd
Equipment;
20%
50
preferred
20%
May
2
2% May
17
3
10
common—
8% May
115
Oct
13%
Apr
xll%
.1
Illinois Power Co common
Electric Bond
7% May
3
May
21
Sep
Eastern, Sugar1 Associates—
Com
16
100
X50 >A
11%
53
.10c
Refining
Hurd Lock & Mfg Co
•
High
Ford Motor Co Ltd—
5%
common
14,300
29
5c to $1 Stores-
Humble Oil
4%%
1
-10
Association
9,700
3%
3%
29
__
16%
MetallurgicaL
Corp—
(Phila)
First York Corp common—«
$2 div cum preferred—
Fishman (M H) Co—
Fedders-Qulgan
13%
9%
3%
_
Fansteel
Hubbell
East Gas & Fuel Assn
13%
„1
Brewing-
Falstaff
Jan
200
9%
-1
Falrchild Engine & Alrpiane.
Oct
8
38
1,800
-
Fairchild Camera & Inst Co—
Gray Mfg Co
Oct
—10
class B
Feb
2% Feb
6%
Sep
2%
—
Feb
6% Feb
Feb
18%
1
Corp common
Apr
150
1
com
21
10%
20
104%
mm—
8
Foundry.
Apr
Feb
300
33
11%
lVa
Feb
13,600
10%
7%
'mm—
16% May
3% May
2%
14%
22
35
35
Sep
6% May
4
May
Jan
105
19%
105
50c
150
17
-100
Products
Credit
Power
6%
17
5
common
Manufacturing-
Raynolds
Co
.
35
Loto
F
Gobel
3,900
.2.50
Amer dep rets ord reg
Dobeckmun Co common
Duval
Feb
6,900
—35
;
Iron
Stores
Amer
3,700
15%
1%
2.50
5
common
Detroit
Detroit
Duke
47/8
9% May
2% Jun
9%
1
Dejay Stores common
Dennison Mfg class A
Draper
4%
Jan
35%
•
common
Brothers Inc
Dominion
100
1%
1V4
100
-
Dayton Rubber Co class A
Domestic
13%
Feb
9%
5
Sugar
Davenport Hosiery Mills
Distillers
3,800
41%
1%
10
Curtis Lighting Inc common
Curtis Mfg Co (Mo)
Diana
3 "A
May
Sep
8% July
% May
3%
9%
5
*
preferred
Devoe &
2%
26
5
25c
:•
Derby Oil
4,100
3% Aug
Feb
35%
Drug Co common
Crystal Oil Refining common
8%
12%
46%
1
(Md)
International
Crown
Davidson
10%
£1
•
5%
1,200
13%
A
Cuban
%
Sep
19%
1
•
Crowley Milner & Co
$6
100
3% July
Feb
10% May
5
Co
.
Crosley Motors Inc
Crown
36%
%
50
(ord
Petroleum
Croft
2,400
2% May
Ltd—
American
Creole
com
16
36%
•
Co
Cooper Brewing Co class A
Copper Range Co
.
Cornucopia Gold Mines
'Courtaulds
Feb
*
Textile Co
Cosden Petroleum
J an
5
10
Ltd
Oil
Varnish
Jan
2
115%
1
Continental
Paint
10%
43
100
Consolidated Steel Corp common
Consolidated
Apr
% May
*
Consolidated Mining & Smelt
Royalty
7
34% Jun
68% May
100
preferred
series C
B
Consolidated Gas Utilities
Consolidated
600
•
Range Since January 1
High
Feb
36% July
•
Consol G E L F Bait common
4%%
8%
8%
1
1956
to
& Coke Secur common
Low
July
7
Jan
25%
1
preferred-
Shares
Feb
Compo Shoe Machinery—
Conn Gas
for Week
24% Jun
83
Jun
600
1
Clarostat Mfg Co——
Claude Neon Inc common
11% May
22
X27V*
Range
of Prices
High
19
3 %
Sales
Last
Sale Price
Par
Low
12%
—10
Clark Controller Co
Range Since January 1
21
10
——5
common
Shares
High
21
10
5
10
4
1
——100
Charls
of Prices
76
1
5
common
America
of
Chamberlin, Co
Week's
Friday
STOCKS—
New York Curb Exchange
for Week
22
icentral States Elec 6% preferred—100
,7t5>
preferred—
———100
Conv pfd opt diV ser
-100
Conv pfd opt diV ser 1929
—100
Century Electric Co common
.—10
ENDING OCTOBER 17
Sales
Range
Low
Per¬
Cessna
Week's
Labi
StfOCKS—
New York Curb Exchange
WEEK
FOR
EXCHANGE
CURB
YORK
NEW
Monday, October 20, 1947
CHRONICLE
THE COMMERCIAL & FINANCIAL
(1602)
111
Mar
Jan
12% July
2%
Jan
53%
Jan
12
Feb
3%
Oct
30%
Apr
5%
convertible preferred-
Illinois Zinc Co common
Imperial Chemical Industries—
Amer dep rets registered^
•
50
•
&
Ireland—v
V
10%
:
v
102%
95 '
*
Cigar Machine
Hydro-Electric—
-50
Preferred $3.50 series
*
International Metal Industries A—
International
6
12
—
4 71
10%
Jan
21lA Mar
Feb
68/a
Apr
14 Va
Apr
Feb
14
Feb
—
t ""
_£1
Indianapolis Pwr & Light 4% pfd_. 100
,_10
Insurance Co of North America
International
i
JE1
Imperial Oil (Canada) coupon
Registered
—
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
Sep
Oct
111
90
95
950
85 Vz
15%
200
14%
Sep
Sep
100 Va Mar
15%
68%
71
1,900
45 V*
May
71
Oct
26»A
26 V*
ADr
29
Jan
25
102
25
21
Apr
Jan
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4639
Volume 166
1
YORK
NEW
!
RANGE
Week's
Range
Friday
Last
STOCKS—
Sale Price
Tofk Curb Exchange
New
Par
10%
10%
15
10
*
1%
Razor B_—
Utilities common.._
5
Interstate Power $7 preferred
•
Investors Royalty-*
1
Iron Fireman Mfg voting trust ctfs—•
Irving Air Chute
1
Italian Superpower A
*
International Safety
15
International
15%
2
l7/8
Low
Last
Curb Exchange
10%
10%
11
700
300
5%
2,000
mm mm
--
16% Sep
5% Feb
12% Jan
Muskogee
Co
OCt
30
Sep
Nachman
Corp
1% Jan
7%
Glass
Co
9%
Class A preferred
Julian & Kokenge Co
9
*
200
2%
3,400
1%
Sep
8
~2%
1
4%
2%
1
10%
4%
10%
1
common
9%
1,500
5%
Sep
1,500
*
22% Feb
9% Aug
3% Jun
24%
7%
Jan
6% Feb
18
Jan
30
Jan
Inc
Hess common
Jun
_1
& Electric
Gas
1%
*
Kennedy's Inc
(Walter) & Co
Kimberly-Clark Corp—
4% %
preferred
Kings County Lighting 7%
5%
National Mfg
1
2
National Radiator Co
4
175
11
11%
600
Oct
Nelson
Feb
46%
Petroleum
_
Kirkland
Emil)
1
_
Lake G M Co Ltd
14%
-10
1
Corp common
Kobacker Stores
1
—
Krueger Brewing Co
1,200
13%
14%
1,600
7%
6,900
IV4
Jan
400
14'A
Oct
1%
14%
15
17%
17%
_
_
_
—1
23%
--
8%
_
16 %
—m mm
100
4
500
25
8%
17
1,000
10
10%
1,300
9
May
16%
16%
400
13
Feb
6%
6%
400
Co
convertible preferred
Lake
Shore
Mines
Ltd
Co
United Bakeries class
12%
12%
7%
7'A
7%
1,700
3,800
5
Langerdorf
12%
1
Lane Wells
9
8%
9
1,200
_
1
..
A.
21%
*
31%
31%
31%
*
common.
B
25
24
25
350
23
20%
23
1,000
6
200
20%
Lanston
Monotype Machine
5
La
Ext
5
5%
1
10%
Salle
University
Lefcourt
Realty common
Prior preferred
Leonard
Oil
Le Tourneau
Oct
Feb
20
Aug
26% Sep
10% Jan
11
Jan
N Y
Honduras Rosarlo
&
Lionel
__
25
_
(Thos J)
Loblaw
___
Locke
Inc 6%
19%
10%
1%
_
100
19%
LOne
Gas
Corp
9%
_
Longines-Wittnauer Watch Co
LOng Island Lighting Co—
_
_
7%
Oct
5V4
7
Jan
7
May
12
Jan
Jan
44%
Jan
Sep
Sep
2
Mar
29
Jan
Jun
N
Y
500
19% Apr
26% Aug
26%
Feb
82%
—
—
24%
25%
100
11%
12%
11,500
20%
29%
20%
8%
8%
x2i
Jun
Oct
11%
•*
Louisiana Land & Exploration
Louisiana Power & Light $6 pfd
1
9%
105%
26
Feb
McCord
$2.50
common—
*
preferred.,
Dredging
*
Johnson &
Co
1
...
_
*
6'%%
.-100
preferred..
A
Textile
Metal
18
9O0
109% May
15% Jan
Participating preferred
Michigan Bumper Corp
Michigan Steel Tube
Michigan Sugar Co..
_
25c
.
15
-
_
•
21
900
-
-
—
200
8'A
50
20
Sep
5
Mar
7
May
10%
Oct
11% May
20%
Feb
6
175
88% May
45
1,300
8% May
15
July
25
25
25'A
1,300
6%
800
1%
3,000
18%
500
6
1%
%
1%
18
6
6
200
24
May
5% May
1
25%
Oct
•3% Jan
7
Feb
Apr
3% Jan
15 % May
21% July
4%
Apr
8% July
111% May
4%
5
25
1,900
_
45
45
20
*
Midwest
Oil. Co
Midwest
Piping & Supply common
Mid-West
:
1
$1 cumulative preferred
Wohl Co
'4%%
common
convertible
preferred
Mining Corp of Canada
—*—
Minnesota P & L 5%
pfd
Penn-Dixie
Public Service common
Molybdenum Corp*
Monogram Pictures common
Monroe Loan Society A
Montana
2%
2'/a
2'A
1,400
9%
10%
1,300
9
_
900
1,400
5
5%
5,600
16
16
16'A
15,100
11
11
5% May
7%
May
8% May
16
Feb
3%
Apr
60
7%
Jan
Oct
10% Feb
3% Aug
12% Feb
14% Feb
21% Oct
12% May
7% Jan
5% Apr
16%
25
12
Sep
July
25% jun
80% Aug
21%
33
24
23
23'A
375
4
4%
900
3%
Apr
4% Jun
15%
200
12%
Jan
15% Jun
17% Jan
8% Feb
2%
2%
2%
4,100
Oct
13% May
1% May
_
Feb
Phillips Packing Co—
Pioneer Gold Mines
Morris
Plan
Mountain
Pneumatic
Mountain
For
footnotes see
page 33.
OCt
110
30% May
5% Aug
Powdrell
Power
&
Corp of Canada common
1st preferred
Feb
Pratt & Lambert Co
7%
6%
7'A
10,000
6% May
102 % sep
10
Jan
Prentice-Hall
106
Mar
Pressed
29%
150
Mar
Feb
Producers
—
29%
24
8%
8%
8%
1,100
May
6% May
1
4
3%
4%
6,100
3
May
2%
3
400
11%
3
12
176'/a
Jan
Feb
9% Mar
700
21
Apr
31% Feb
1%
900
425
20
110%
Oct
32%
600
29%
Sep
6'A
700
IV* May
31
Jan
4% May
2% Jan
37%
116
37%
Oct
Mar
Jan
8% Feb
Jan
1,600
9%
Jun
12%
Feb
11
10 %
11'A
700
9%
Sep
16
Feb
8
8
Jun
1,700
36%
Oct
41% Mar
34'A
100
34 V*
Oct
38% Mar
220
101V*
Oct
105
103%
Sep
105
Aug
Feb
15
Mar
12
—
9%
9
Oct
27 % Mar
24%
Sep
24%
Jun
25,400
is
Oct
3%
Jan
9%
9,300
8%
Apr
12%
26
200
25
Jan
32
150
29
May
18
900
13% May
19% July
59%
Jan
90
40%
Jun
51%
Jan
25 %
17%
Apr
28Va
Jan
5%
Jan
Feb
11% Feb
12
500
11%
Apr
150
176 Va
Oct
176'/a 176%
2% July
SO
11
6% Feb
3% Jan
15% Jan
194
July
37%
38%
75
4'A
2,900
31% May
3% Apr
41%
4Va
5%
Jan
%
v!t
\h
4,300
% Sep
2%
Jan
10%
10%
3,200
8% Aug
~6
~6
6 %
3,700
6%
7'A
600
3%
4
500
109'A 110%
5%
57'A
5
57'A
5%
58
6
May
2% May
Oct
150
109 %
600
4%
250
Apr
53% May
Sep
10% July
Inc
common—
Jan
Jan
Apr
56
Aug
12%
12%
100
11
Mar
14
Apr
6
Aug
6%
5% Aug
12% Mar
7%
7,200
10%
11%
400
12%
7
10%
—
14
600
12 V*
Jun
21%
14%
Jan
27
26
26%
300
"3
26
~3'A
1,300
9% May
2% May
2%
2'/a
2%
7,000
12%
2'%
— w
127/a
1,100
10
50
42
42
42
58'A
57%
59%
860
9'%
9%
9%
850
47/a
4%
5
700
49 Va
8
Sep
May
Oct
Apr
May
4% May
14 % May
""""
"4%
12%
13
~4%
13
13 V*
*4
6%
Feb
Feb
July
Feb
Jan
Feb
46 Va May
61
Feb
14%
11%
Feb
7y«
Jan
17
1,700
3% May
6%
1,400
10% May
Feb
19%
8% May
*
100
Jan
Feb
13% Feb
Oct
Sep
96%
*
•
42%
42%
42%
150
35
May
48
Feb
73%
72'A
73%
210
72
Oct
85
Mar
94 %
1 Va May
12%
2%
14
14
200
11%
Sep
17%
Jan
10%
10'/a
200
8%
Apr
10%
Oct
350
100%
Sep
103% Sep
175
100 V*
Sep
HOV4 Jan
600
25 %
Jan
38% Aug
10%
l'/a
*
14
Providence
*
10
100
102
Va
11'/a
700
1%
3,300
9% May
of Colorado—
preferred
9 Va
40
l'A
cumulative
69
1,000
11 Va
4% %
Feb
Jan
1,100
1
Public Service
5%
57/8
1
Puget Sound Power & Light—
$5 prior preferred
Puget Sound Pulp & Timber
Pyle-National Co common
Pyrene Manufacturing
4%
114% Aug
557/a
of America
Gas
7%
5%
Corp of Nevada
Prosperity Co class B
Metals
July
53%
0% Feb
5c
10
—
50
10
Jan
15% Feb
52% Feb
11
31
1
50
5
1
Jan
"A
25
12'%
1
2
Feb
7%
37%
101'A 102'A
102
—2.50
50c
•
*
12%
100
36%
34'A
36%
4
Co——
25c
Alexander common.—2.50
88
29%
46 Va
12%
Polaris Mining
6% May
4'A
__
105%
11%
110
*
*
common
81% May
10
Producers—
Scale
100
*
pfd__,
101% Jun
shares
Piper Aircraft Corp commonPitney-Bowes Inc—
—
Pittsburgh Bess & Lake Erie RR
Pittsburgh & Lake Erie
—
Pittsburgh Metallurgical common
Pleasant Valley Wine Co
3,800
Corp of America-
City Copper common,
Ltd
8'A
*
13% July
7% Jan
Feb
Mar
6%
5%
*
Pinchin Johnson Ltd Amer
36%
5
8%
23%
25
1,600
9,200
3% May
10
31'A
1
20
Pierce Governor common
7%
1
40 %
1,100
4,800
37%
1%
37
—
*
2.50
*
Philadelphia Co common
35%
1
Montgomery
7%
23%
rn.m.
7
pfd
Co
Va
8
—
Dakota Utilities
Ward A
Moody Investors partic
Light 4%%
36'%
*
4%
110% 110%
100
Elec class A common
Power &
Penn
-50
_
_
1
Traffic
Sep
1% May
_
Missouri
13
Oct
Cement warrants-
Penn Gas &
*
-
*
Pennroad Corp common
6%
Miller
Sep
Jan
12'A
•
25
Water & Power Co
9
__
—50c
8%
23'/a
Yk
Peninsular Telephone common
Pep Boys (The)
Pepperell Mfg Co_
Perfect Circle .Corp—
Pharis Tire & Rubber common
7%
*
—
39 %
•
Patchogue Plymouth Mills
Penn
8% |
15'/a
_
5%
14%
1
*
Penn
7'A
-
Refineries
Jan
105% 105%
—
•
Jan
4
—
3%
12 Va
*
1st preferred
$1.30
Page-Hersey Tubes common
Pan American Airways warrants
Jan
9
♦
Co, common
300
Jan
1st pfd
6%
7%
*
$2 non-cum dividend shares*—
Pacific Gas & Elec 6%
6%
Sep
May
43% Sep
Steel Products—
Midvale
3%
3%
Sep
Jun
1
Securities—*
3% May
108%
Middle West. Corp—
Mid-West Abrasive
43
12%
O'okiep Copper Co Ltd Amer shares
Overseas
3
109% 109%
4%
900
pfd—
44
Apr
Feb
13
600
conv
Apr
30%
12
Pacific Pubic Service
43%
10'A
$1
Jan
*
Jun
Jan
12%
~
Jan
1
*
Jan
4%
43
21%
Oil Corp
*
Filters B
Oliver United
Omar Inc
25%
Apr
12%
9%
Midland
Gas
Natural
65
•fo Aug
13
25%
21%
Midland
100
15
1
preferred—*
20% Jan
20% Jun
23%
*
5
32
1%
5
25
5%% 1st preferred
25
Pacific Lighting $5 preferred*
Pacific Power & Light 5% pfd—±—100
0% July
21% Aug
25
__
2
liy8 Feb
186
Sep
July
43
—
14% Aug
20%
600
37%
6,400
1,100
6%
8'A
5
...
11
200
40%
•
B common
Parkersburg Rig & Reel
15%
6'A
10'A
*
1Aug
O
class
Co
8% Aug
13%
6'A
1
10
15% Feb
Jan
9734
50o
Ogden Corp common—
6% Aug
15 %
21%
Corp
Ex-distribution
*
Sep
2,700
1
Hone
1
Aircraft Inc
Novadel-Agene Corp
7% Aug
13% Jan
10%
Middle States Petroleum class A v t c__ 1
Micromatic
25
Pantepec Oil of Venezuela Amer shrs—
Paramount Motors Corp
1
Parker Pen Co—
5
9'A
—
—
Preferred
10% Feb
9% May
42 %
40 Va
3%
23% Jun
20'A
10%
2.50
..
8% May
P
—
18%
Jan
% May
122% July
IV* Jan
184%,
40
12%
Pacific Can Co common
6% Sep
3
1
Corp—
300
Jan
124
Apr
42
4
pfd_100
16 Va July
Jan
112
—
__
Messabi Iron Co
1%
10%
Oct
184
—
13
Power class A
Jan
19,100
1
Warrants
7% May
110
525
3%
Northern Indiana Pub Serv 5%
Northern States
11%
15%
5
Memphis Natural Gas common
Menasco Mfg Co
Merritt Chapman & Scott
1%
5
Co
RR
82% Jan
14%
1
McWilliams
Mead
Penn
Sep
15%
10
*
Corp
North
55
550
—£1
Harris common.
Mfg Co common
preferred
Jan
15% Sep
xl04%
10%
—
42 %
40%
38% July
convertible
300
6,300
1
—50
Northeast Airlines*
Old Poindexter Distillery
Jan
90
*
*
9%
13%
__
Jan
Marine
10
—
*
North American Utility Securities
Northern Central Texas Oil—
Jan
100
Power Shovel—
9%
•
common
iy4
10,900
57c
*
*
B
Sep
%
McAleer
preferred—_*—.*
Class
Oct
14%
Massey
1
5
20
12%
—
13%
North American Rayon class A
%
%
Marion
900
225
155 % May
$6
67%
14%
Ltd
22,300
5,500
250
i7ff
Co
9% 10
105% 105%
121% 121%
8
4,700
14'%
Communication
Jun
7%
%
58%
——
10
7%
Oklahoma
*
Co
21 Va
100
North Amer Light & Power common—1
Jan
1
(The B)
May
14%
14 %
May
6% May
11%
20 %
International
May
13
4,100
7% May
10
Marconi
31
200
17
1,100
Co
Manischewitz
Jan
82
200
7 % May
15%
8%
Public Service
Mapes Consolidated Mfg Co
Aug
11 '/a
14%
Jan
M
common
70
14%
200
16%
Power 4%%
—5
Stores
Jon
34
9%
1
Ohio
56'%
Manati Sugar Co warrants
Jan
6%
10% Feb
47% Jan
—
Electric
Noma
Oct
Co
Mangel
25
74
9%
xl4
1
100
100
Mines
20 Va
Mackintosh-Hemphill
Maine
Nipissihg
5,200
70
—
2%
32%
*
Brass
%
17%
67%
6,200
__
5
Ohio
67 %
18
Oct
1%
3% May
1% May
74
optional warrants—
Oct
*
Corp
57
4,100
1
Niagara Hudson Power common
5% 1st preferred
5% 2d preferred
12%
56'%
—
Apr
1,900
5%
Feb
31
29
jvH
—
10
59
4%
10
Founders shares
5'% May
16% Jan
%
_
50
57%
Jan
Jan
Jan
Jan
Jan
HVa May
25% July
23 V* Sep
67 %
preferred B ctfs of dep
May
Shipbuilding Corp—
Northrop
200
12
ctfs of dep
preferred A ctfs of dep
6%
23
Oct
9%
25%
Common
Sep
4
4% Jun
Jan
24 »A
1
-
Jan
19%
10
__
21%
30
13% May
1
common
Star
_
Jun
1,400
5
Co
9%
34
1
——
Chain
Feb
Apr
16
*
Steel
8
Apr
21% May
12% Apr
7,500
..
Logansport Distilling
Feb
16%
30%
3,700
♦
A
July
6% May
15% Jan
l'A
19%
*
class
6%
21'A
19
23'A
10
_
B
Lynch
25
preferred- -25
common:.
Groceterias
Class
1%
21'A
5
Corp
Brothers
1,400
17 Va
May
11V4 May
90
9%
10
N Y Merchandise
Nineteen Hundred Corp B
12
370
1,000
*
-—*
44
1
Development
(R G) Inc
Lipton
21%
*
Une Material Co
Lit
400
1
—
Lakey Foundry & Machine
Lamson Corp of Delaware
Class
16%
18% July
1%
Niagara Share Corp class B com
16%
Feb
13
5%
12
1
Niles-Bement-Pond
5
Sep
5
N Y Auction Co common
Mining Co
Class B
Laclede-Christy Clay Products
Feb
5
6% Jan
90%
'
1
New Process Co common
lit July
18% May
14% July
24
5
12
5%
20
25
Zinc
Oct
Mar
14
90
90
*
New Mexico & Arizona Land
Oct
18%
89% Jan
59
100
& Watch
Jun
15
Jan
July
10%
120%
8%
15%
6%
Jan
Feb
14%
7% May
400
May
10% May
15%
Feb
25%
15% May
19% Apr
Oct
9
2
New
6
Sep
1,600
5,300
69
12% May
9%
3%
Feb
87%
Jan
1%
10
1%
*
(I B) Rubber Co
2,100
4%
14'%
1
Co common
15%
9
Apr
20
17%
Jun
47
2,200
May
21% May
3%
Haven Clock
4'%
37%
%
3%
England Tel & Tel
14%
4%
36
May
10
13
3%
New
Park
500
400
900
New
4%%
14
18%
3,200
Jan
14% Feb
Jan
Jun
13%
—
Aug
4% Feb
43
30c
Corp
8
Jun
12
3%
IOV4 July
(Herman)
8,000
16% Oct
45
13%
26
Jun
Feb
14% July
2% May
35% Oct
3%
May
111% Feb
210
11% May
5% Apr
13%
*
July
200
18
—
5
5
8% May
12% July
3%
Nestle Le Mur Co class A
47
1
12%
37%
9%
*
*
Car Ltd
Neptune Meter common
6 Va
24%
1
Rubber Machinery
26% Mar
56%
_1
12%
__
May
15
108
—•
——
_
Klein
Knott
100
8%
pfd B__ _100
Kingston Products
Kleinert
17
13%
125%
37
13%
& Stores common
National Pressure Cooker common
May
5
Mar
18% May
12% July
43
National Mallinson Fabrics:
122% July
15% Aug
13,900
12%
*
1
New Jersey
preferred D
(D
11%
100
King Seeley Corp
Kirby
20
300
8
8
5
_
115,900
18
17
*
Kidde
13%
125%
17%
5
-
Key Co common
11
124
12%
100
pfd
1,400
7%
3%
25
preferred
National
16%
7%
3%
35%
3%
*
common
National Union Radio
K
Kansas
14%
700
15%
—
1
National Transit new common
Kaiser-Frazer Corp
500
37
—1
common
Bellas
National Steel
Kawneer Co
24 %
37
138% Feb
N
National Fuel Gas_
Lake Sulphur Co
Stores common
Sep
13%
15%
•
National Breweries
Jim Brown
Jan
98
Jan
National
Jefferson
30
70
10% May
14
7% Feb
Namm's
Jeannette
High
300
Jan
1%
Jun
Low
32
103
102
22% Feb
16% May
4% Sep
%
common
Range Since January l
High
31%
24%
*
2.50
10
Murray Ohio Mfg Co
—
Muskegon Piston Ring common
_*
Shares
Low
102
100
& Tel
Tel
States
9%
1%
19%
5%
**
Mountain
Feb
1
500
1 %
18%
5%
15%
9 % May
„
__
15% Feh
11% Apr
1% Oct
700
Sales
for Week
32
Mountain States Power common
Oct
Range
of Prices
Per
High
10V* Sep
4,000
700
--
Week's
Friday
Sale Erie*
STOCKS—
New York
Range Slnco January 1
*
shares
International Products
Registered
17
10%
10%
coupon shs__*
International Petroleum
OCTOBER
Sales
Share*
'High
Low
ENDING
for Week
of Prices
31
EXCHANGE
CURB
FOR WEEK
(1603)
*
•
5
10
100% 102
101
102
38'/a
37%
38%
13
11%
13
8
8'A
650
9% Apr
14%
300
8
May
11%
Jun
Feb
Feb
Feb
32
THE
(1604)
COMMERCIAL
YORK
NEW
RANGE
Friday
Week's
Curb Exchange
Range
ENDING
OCTOBER
Shares
Low
Range Since January 1
High
Low
88%
153
90
154%
590
85
130
152
May
Oct
15
May
Jan
Tishman
Feb
Tivoli
Feb
Realty
Brewing
Tobacco
R
3%
Radio-Keith-Orpheum option warrants.
Railway & Light Securities—
Manufacturing
Regal
Lit
Roller
Shoe
Rice Stix
19%
Feb
Trans
Tri-Continental
Lux
725
31
Feb
Trunz
35
500
29% May
38%
Jan
Tung-Sol
54%
55
140
51
Feb
55%
Sep
9%
9%
22
1 0%
2 2
5%
5%
22%
22%
23%
25
24
25
1
4%
—
5%
2
33,700
6 % May
13%
23%
325
14% May
24%
May
32%
Jan
3% May
6%
Feb
Rio
Grande
1,100
2,000
Roeser & Pendleton Inc
Rolls
*
2
4,500
99
99
80
99
Oct
30
30
150
25
Mar
1%
100
30
1% May
Amer
Corp
Roosevelt Field
Root
£l
5
common
Inc
2%
Feb
32
Aug
Rctary Electric Steel Co
Royalite Oil Co Ltd
Ave
7%
6,800
3%
Apr
14% July
7% Oct
13%
5,700
6%
Jan
13%
19
*
__
22
11%
1.25
2,600
11%
1,900
Aeronautical
Co
1
5
4%
5
1,100
Petroleum
*
7
6%
7%
3,300
common
1
Ryerson & Haynes
5%
—
Oct
6%
500
15%
Apr
24%
Feb
15
..
__
Consolidated
Ryan
Ryan
Oct
6%
12%
10
common
2,300
11
%
7
1
of
Apr
18%
Feb
10% July
3% May
5
Sep
3%
Apr
14
6%
11
Investment
Oil
$3.75
Union
6%
Oct
Corp
Co
13%
1514
15.000
Class A $2 conv pref
50
44 %
4114
44 %
6,700
1
9%
9%
10
6,900
6V2
1,100
2% May
600
1 % May
3 % May
6%
Schiff Co
Schulte
4%
.5%
36 %
o
*
Inc
Steel
common
35%
3%
3%
33%
♦
Manufacturing
Scullin
36 %
25
common
Scovill
Co
3%
2
514
l
common
(D A)
3V4
2
11%
500
Yards
of
Chemicals
Corp
Omaha
Products
34%
1.400
11%
800
l
3 %
2%
314
*
18%
171/2
18%
1,100
l
2%
2%
2%
6,100
Selby Shoe Co
♦
Industries
$5.50
Allotment
Semler
(R
Sentinel
Sentry
6%
Corp
class
Leather
United
Light
&
United
Milk
Products
Railways
Amer
United
NJ
Profit
RR
150
7,600
preferred
;
Sherwin-Williams
of Canada
convertible
Universal
Utah
Apr
3%
21%
Jun
Apr
200
8%
Jan
100
11%
600
13%
100
69%
1,900
109% 110%
130
22 '%
2214
23
225
12
12
12
300
525
Amer
dep rets ord regis
City Cas & Elec Co—
3.90% preferred
914
267
3,800
90
£ 1
Jun
2% May
17%
Sep
9% May
67%
Oct
106% May
22% Oct
11%
Apr
10
May
36%
9%
May
1
13%
263
Sep
6%
Apr
X255
May
3%
Sep
92
-.100
Manufacturing
South
Coast
Corp
South Penn Oil
Aug
24
Apr
25%
25%
25
1
11%
11%
12%
3,300
1
4%
3%
4%
3,403
3%
1
Solar Manufacturing Co
Sonotone Corp.
Soss
99
Paper Millsl—1—
(Howard)
Solar Aircraft Co_.
4%
4
4%
4,300
7%
1
5
12.50
Southwest Pa Pipe Line
32
7%
514
31%
29
10
32
29%
300
500
800
140
7% May
Sep
5
May
3% May
July
25
2
Feb
Spencer Shoe
Stahl-Meyer
Standard
„
Corp
Inc
30
30
30%
1,800
25
27
27
27%
800
10
5%
5
2914
4%
24
Brewing
Co
115% July
27
12
Feb
Aug
17
Feb
39%
Jan
9%
312
5%
Oct
Jan
Apr
102%
Apr
25% -Oct
15%
8%
Jan
Feb
Sep
9
Feb
7
Jan
Feb
35%
Feb
Standard Cap & Seal common
Convertible preferred
Dredging Corp common
preferred
Forgings Corp
Standard Oil (Ky)
$1.60
convertible
Standard
Standard
Power
&
Common class B
1
3%
Co.
16%
Jan
700
4 %
May
6%
200
1%
500
4% May
1% Oct
1714
8,000
27
50
4
1,200
3%
Co of Canada
8% Mar
30
8%
July
Feb
9
Jan
2%
Jan
14% May
25%
Aug
36
3
May
150
9%
Sep
27%
Jun
2%
2%
4,300
2%
214
100
30
17% Mar
1% May.
1 % May
100
May
9%
9%
700
8%
Sep
3%
3%
900
3
5%
6%
4,200
Sep
May
63
63%
50
4 %
61
Sep
4
3%
Feb
130
Feb
12%
Feb
4%
Feb
•9%
Feb
24%
26%
1,350
17% May
1
19
19 %
300
14%
Jun
29%
Feb
1
8
8
100
6%
Jan
8%
Sep
2%
1,400
2%
Sep
5%
Feb
Stetson
&
(J.
Co
B.)
*
common
Co
1
(Hugo.) Corp...
Stop & Shop Inc
(S)
& Co
10 %
8%
15
14%
•
10%
15
6,400
225
5
.1
•
common
Sunbeam
Corp
Sun Ray Drug common
Superior Portland Cement, Inc
Superior Tool & Die Co
—
Swan Finch
2%
*
common
2%
1
Stinnes
Stroock
26%
Oil Corp
24%
23%
24%
350
7
Feb
Feb
May
13%
Feb
11% May
1 % May
17%
Jan
13 % May
20
May
2% Jan
18
32
Sep
Feb
33%
31%
33'%
450
19
•
16
19 3 8
1,450
1,900
12 %
May
20%
Jan
3%
Jun
4%
Jan
100
12 %
Apr
25c
20
May
7
•
1
3%
10
3%
14%
—
3%
15
Jun
35% Aug
10
15
July
Oct
10%
Texas
Power
Texon Oil &
&.
Light 7%
For
10%
10%
33%
90O
12
13%
5,200
300
.100
pfd
Lai/dCo—.
Textron Inc.—
8%
.50c
12%
14%
%
700
Apr
14%
Feb
Jan
16%
4,000
11
May
23%
16'%
100
15
May
20% Aug
4,700
2
May
3%
Feb
350
82
Jan
89%
Apr
10% May
2% Oct
18%
Feb
3%
Aug
2%
'
85
85
13
85
1
13%
2,600
1
2%
3
300
50c
Co
2%
2%
500
2'/a
Jun
3%
Feb
37 %
39'%
300
26'/a
Apr
new
Oil
39%
10
Co
Sep
23
Jan
30
5
*
29%
23
May
32 % Mar
3%
21%
10
common
common
39%
19'% July
10
3%
3%
4,100
3
21%
21%
1,400
21
May
May
22% Mar
11
350
30
Syndicate
12%
100
13
14%
12,600
8
May
110
94
6%
96
500
5%
6%
3%
*
3 '/a
23 %
4%
Jan
12%
12%
Feb
126 % Mar
Oct
7% May
2%
Feb
4
July
11%. Sep
100
10
12%
May
5%
14
Feb
1,700
12%
_20c
Inc
6,500
107%
9
10%
__
300
W
*
Co
Baking voting
preferred
7%
.
Waitt
$2
Bond
&
Inc
-_.l
2%
30
Watch
14%
Wentworth
Corp
Manufacturing
West
Texas
Utilities
West
Virginia
Western
Coal
Tablet
&
Westmoreland
Wichita
River
Williams
(R
Willson
_
Wilson
—
Biothers
preferred
w
L
P
&
_
4%%
American
6%
deposit
prefjerence
_
—
—
Sep
14
Apr
17%
Jan
100
19
Jun
27
Jan
18 %
100
13
May
14
150
11%
19% July
20%
Jan
19%
Jan
8%
Jan
Feb
"6%
400
Sep
14% Aug
5 % Sep
19%
250
16%
Sep
21%
15 %
200
11% May
15%
Feb
107
Jan
108%
Feb
11
__
May
16%
Feb
9%
£ 1
-
-
2'%
__
12% July
Sep
14 %
Jan
2% May
3%
Feb
„
__
2%
2%
Jun
9%
100
11%
11%
*
Ltd
27
200
—5s
receipts
_
Ilargreaves
Mar
15%
_--l
Wright
Jan
Oct
32
37% July
18%
18%
Petroleum
Woolworth (F W) Ltd—
Jun
Oct
155
17%
6
.100
Woodley
Sep
17%
26 %
2
Industries
Feb
9
14
6%
Inc.-
Woodall
2%
113% Mar
May
26
150
__
_
pfd
Feb
18%
10
«
common
Wisconsin
May
18
—25
w
Winnipeg Elec
Feb
8%
17%
1
common.
Feb
12%
26 %
26%
1
_
27
Jan
25
*
..
Feb
8%
6,600
37%
37
Feb
Apr
5% Feb
May
005
—-1
Co
Inc-
17%
Jan
113%
6'/a May
111
16%
__.1
___
Corp
&
1 %
500
10
.
Co
Oil
C)
Products
17%
May
6% May
3% May
100
9
__
..20
&
2%
8%
8%
14
■
corn...*
Stationery
Inc.
(Wm)
1,050
1st pfd. -100
Weyenberg Shoe Mfg
Whitman
8,600
4%
__
I"5
Coal
Westmoreland
8%
2%
1.25
& Coke
50
6%
4
.1
_
preferred-
Maryland Ry 7%
Western
_
_
$6
14%
8%
...1
Apr
2% Aug
500
4%
Co
Aircraft
2%
3%
13%
Jun
8% May
110
Baking Co warrants
Warner
9%
100
_
pfd
cum
Waltham
1%
10
ctfs ext.*
trust
2,000
Interest
York
Curb
Exchange
Amer
Writing
Tel
Tel
&
A
5%s
series
5s
§ Central
A5s
A5%s
Oct
102%
106%
111%
J-J
118
115
118
14
115
119%
J-J
101
100% 101
32
100%
M-N
J-J
103%
102% 102%
102
%
105%
107
—
6
3
106 %
i.08%
fill
J-D
107
110%' 115%
112
t—
1998
J-D
1948
1954
J-J
M-S
94
102
31
89
93
Electric
States
—
180
102
Q-F
1970
93
182
64
165
165
101%
106
Corp—
93
92
94
117
64
81%
81%
286
57%
81%
94
§AChicago Rys 5s ctfs (part paid) .1927
F- A
_Jan 1966
M-S
104%
104% 104%
18
103%
105%
..1958
A-O
104'%
104
104 %
47
103'A
1ns
105%
43
104%
106%
Cities
Service
5s
Debenture
5s
Debenture
5s%
1969
M-Q
Debentures
3s
1977
J-J
Registered
Consol
Gas
El
ref
mtge
ref
mtge
ref
2%s
Feb
May
100%
19
6s
redeemed)
(10%
redeemed)
Gen
12%
2
1Q6% 107%
102%
2%s
(10%
Delaware
9F»»b
102% 102'%
107
1960
C
Steel
Edison
Boston
Oct
122
High
J-J
'
Bechlehem
Feb
Apr
Low
J-D
.1964
City Electric 3%s
Telephone of Canada—
Bell
January 1
No.
1955
4 %s
deb
Range Since
Sold
High
1961
Power
Electric
Associated
Assoc
Elec
Bonds
1970
2024
1953
6s
Paper
3%s
Appalachian Power deb 6s
Appalachian
10%
.Jan
Bid & Asked
Low
19 %
8%
Week's Range
or Friday's
Sale Price
Friday
34%
11 Vk'Ma'v
Last
Period
BONDS
New
Lt
&
(Bait)
Pwr
3s ser P..
2%s ser Q
series
mtge
Gas
&
Lackawanna
of
1st
J
100%
110%
A-O
1954
N
87%
87
107
625
1
85'/s
fft
87
99% 100%
110% 112
106%
1
100%
106%
10
99%
105%
157
110%
114%
116%
119%
—
RR—
—
$115% 120
~
.
Division—
mtge 4s ser A—
mtge 4s ser B
Gas &. Fiml .3%*
M-N
1993
....1993
A 1st
Eastern
A- O
M-N
1962
Western
85'/8
87
100% 100%
J-J
.1981
4%s
Lack
J-D
1969
...1976
City)
.
—
R
(Bait
105% 105%
4106
87%
87
_
,
1n"
May
-
.T-J
61
—-
59
30
101
61
27
30
10
102%
footnofe%Lsee page 33.'
87/e May
15%
2%
*
.1
Aircraft
Waco
Jan
117
-.2
13% Mar
18%
*
warrants
Wagner
29% May
10% May
'
....
1
Securities
with
2%s conv debs
33
13
Feb
Jan
16
Manufacturing
Consolidated
.....
Feb
3'/a
10
...1
1st
common
Apr
293%
1
common
1st
Taggart Corp
7%
Oct
5
Light
1st
T
Tampa Electric Co common
.Technicolor Inc,common.
248
B
Atlantic
Sterling Aluminum Products
Sterling Brewers Inc
Sterling Engine Co
Sterling Inc__L
(A)
70
1% May
Feb
77%
27%
Stein
Vogt
32% Mar
2%
•
&
4% July
21% July
13% Feb
1,700
5%
249%
Feb
700
119% 120
Apr
Jan
26
11
29%
1
Corp
3% Aug
Jun
19%
28%
1
Steel
1,500
29%
1
(The)
29%
6,000
10
Standard Tube class B
Oct
10
1
Starrett
27
Aug
19%
20
*
Products
33 % July
15
•
Preferred
Standard
Jun
5%
1
Light
29%
27
17
1
10
Standard
Sep
46
1%
1%
249%
5
Ward
Jun
6%
2.78
248
Feb
Sep
27
6%
•
:
Feb
Jan
14
73
33%
29%
5%
Oct
27%
25% July
28
Feb
Feb
May
%
*
24
Jan
18%
14% Mar
27
28%
4
19'/a May
Apr
16%
Petroleum
Venezuela
13 % Aug
40
25
Southern Pipe Line
Southland Royalty Co
6,700
IS
45% Mar
Apr
49% July
Sugar
Venezuelan
5%
original preferred
4.48% conv preference..
4.32% cum preferred
23%
May
71'/a
common
Valspar Corp
Feb
Southern California Edison—•
5%
22'%
% May
29
14%
Oct
Jan
4%
2% Mar
1
common
common
common
2,600
16,300
Aug
Sep
Reclaiming
Power
13%
Sioux
Smith
18%
Apr
Jan
40
Feb
68
9%
%
18%
Mar
7%
90% July
1,100
263
26
"
18%
22%
62
2% May
Feb
May
May
3
1
Jun
11,000
Feb
13
14
100
4%
3%
60
common
Stores
Utah-Idaho
78
•
Simplicity Pattern common
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Rubber
Feb
13
12%
S
Jan
2
Jun
56
4%
44'%
International
Jan
24
Apr
Sep
common
Radiator
4%
May
7
104%
5% May
Feb
900
preferred
S
21%
19
Jan
540
and
U
May
14
11%
4%
Feb
9%
11
class
Co
1st
11 %
65 %
S
$5
3%
Sep
46
Graphite
U
Aug
7% May
%
S
Feb
2 %
6
%
S
Feb
1,100
10
Products
2% Aug
Publications—
preferred
5%
12,700
8 %
%
64%
U
Foil
300
8%
8
44
U
2% May
17
12%
•
Simmons-Boardman
Feb
65%
Oct
200
•
Silex Co common
Jan
12'/a
11
July
3,150
•
Breweries Ltd
Feb
7%
44%
common
Insurance
700
100
32%
1
Machinery
Consolidated
1%
18%
Jan
Jun
100
10
25
United Specialties common
Universal
1%
17%
44%
10
2%
8
8
25
Shoe
Oct
Universal
2 %
17%
16%
2%
8%
100
preferred
Feb
5 % May
69
300
10
25c
Jan
1,100
*
10
Jan
4 % Mar
3 Ve
7% Mar
Canal
&
13%
1,100
25
1%
May
4% May
8% Oct
*
Sharing
37%
•
common
600
*
Apr
31/4
1
new
6%
Jan
July
102% Aug
1% May
x6%
Jan
2%
Ltd—
U
6%
2%
3 %
ord regis
dep rets
United
2%
2%
Jan
lOo
1% May
1,900
3,500
2%
7
common
Preferred
United Molasses Co
Sep
6%
5
Oct
May
100% Sep
400
%
Jan
l
B
common
12%
79
*
6%
l
Control
375
--
10
common
37%
1
common..
Shawinigan Water & Power
$3
20%
85
1
Corp
Sheller Mfg Co
Sherwin-Williams
Sick's
3
18%
84%
July
2%
*
warrants
Corp
Corp
May
8
80%
Inc
Shattuck Denn Mining
4%
2%
2%
19%
84%
1.700
certificates
B)
Safety
Seton
1
common
stock
Radio
Serrick
Inc
stock
prior
20
130
100
Elastic
Gas
Jun
29%
11
20
7% July
63 V4
27
50c
com
common
May
3%
33%
20
Jan
25
4,500
Segal Lock & Hardware
Convertible
7% May
27 % May
4
Securities Corp General
Seeman Bros Inc
Selected
93%
*
:
United
2 % Mar
1,900
3%
1
1
Apr
Jun
*
Preferred
14%
5
5%
6%
*
A
Aircraft
United
*
Samson United Corp common
Savoy Oil Co
Sayre & Fisher Brick Co
200
Calif—
of
series
Stock
United
Feb
Feb
Co
pfd
United
Mar
Corp Ltd
Salt Dome Oil Co
7%
2%
4%
10c
5
Canada
Union
10 7«
Lawrence
—
Z—1
*
Corp
Chemicals
Gas
United
St
Jan
*
Unexcelled
United
11%
11
13%
5
Co
Petroleum
Russeks Fifth
11%
17%
Apr
Oct
U
United
dep rets for ord reg
Cable
12
2%
Lamp
Realization
Ulen
107% Mar
Royce Lta—
Rome
1,700
101% 102
1%
1%
4%
4%
101%
warrants
Union
1%
1
pfd F
Oct
Jan
1
8% Mar
Valley Gas Co—
(Texas Corp) v t c
Nevada
Corp
Works
convertible preferred
Union
Rochester Gas & Elec 4%
227/a
22%
16%
93
--
Sep
22
Oct
12% May
Jan
1,200
18% May
5% Sep
22
1,000
Jan
100
700
15%
49
*
'—*
.'.I—100
1
1
Inc
80c
22%
43%
x8
pfd
4%%
Feb
31
*
Richmond Radiator
Apr
34%
5
Engineering
15%
30%
1
&
Edison
35
*
Dry Goods
Toledo
31
5
Co
Renance Eleccric
5V« Jan
1% May
27% May
*
common
2% May
575
..
10
*
Co
24,000
Jan
rets
Tonopah Mining of
1
Raymond Concrete Pile common—
$3 convertible preferred
Raytheon
3%
19
18
—10
Voting common
Railway & Utility Investment A
Rath Packing Co common
Reed
2%
33
*
ord regis
Amer dep
rets def reg
Todd Shipyards Corp
dep
22 %
14%
16%
7%
1
High
400
Trust Co Ltd—
Tobacco Security
Amer
15%
16%
7%
1
Stocks
Allied
&
22%
Low
43 %
1
Construction
&
Co
43
5
common
Range Since January
High
43
1
Corporation
Inc
96
Shares
5
common
Roofing
170
18%
Co
Sales
for Week
Range
of Prices
Low
Par
Shovel
Week's
Last
Sale Price
Exchango
Curb
York
High
Thor
89 %
-
Friday
Ti:o
154%
Monday, October 20, 1947
STOCKS—
New
Thew
*
100
*
17
for Week
of Prices
Par
Quaker Oats common
6%
preferred
Quebec Power Co
CHRONICLE
EXCHANGE
CURB
WEEK
FOR
FINANCIAL
Sales
Last
Sale Price
STOCKS—
York
New
&
'.!i 1
55
25
101
66%
;;;
36%
iw
•
-
Volume
THE
Number 4639
166
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1605)
33
il
FOR
RANGE
York
Curb
Last
Period
Exchange
Sale Price
or
Range
Friday's
Finland
Residential
M-S
Bonds
Bid & Asked
Low
.1956
WEEK
Soid
Foreign Governments & Municipalities
January 1
Low
2
120%
121'A 121%
—
Range Since
No.
High
High
124
BONDS
Bank-
Mtge
M-S
t—
.1948
J-D
163
1950
J-J
103%
103% 103'/a
2
103%
J-D
103
103
8
103
106,%
1958
J-J
1949
70
A-O
63
105
65
103%
1103% 104'A
1950
F- A
1970
104%
102%
M-N
105%
External
5'/a5—
1955
M-N
108%
External
5s
1953
F-A
1952
J-J
Waterways—
AExternal 6Vis stamped
1952
33%
130
42
ALima
32%
41
32
35%
99%
J-J
—
42
AMedellin
42
95
99% 100
1952
J-J
1962
J-J
1966
J-D
1104%
1969
J-J
1110
75
75
33
~
(Plan
F-A
1963
to
1967
M-S
7s
(issue
of
M-S
6
102
53
102%
105%
103'/a
5
101%
106% 107%
26
106%
1964
reduced
J-J
1952
A-O
1981
perpetual
104
1
104
89
1
77
90
M-N
104% 104%
—
104%
g
152
152%
6
152
105%
8
104%
Southern
California
Gas
Southern
Counties
3s__.
1104%
A-O
1965
M-S
104%
2
104% 105%
106%
1970
F-A
1989
M-N
1950
A-O
1966
A-O
(Hugo)
traded
being
102
104'A
105% 106 Va
9
105%
Abbreviations
102%
105%
105 %
12
2
89%
68%
5
68
68%
101
41%
130
J-D
103%
37
on
the New York Stock
representative stocks and bunas
Exchange as compiled by Dow, Jones & Co.
-Bonds—
10
103%
2
108
106'A
Rail-
63 Va
76
35.48
49.75
3
105%
115%
122
120% 120%
—
102 %
F-A
2
102% 102%
Sale Price
STOCKS—
Par
•
com
vtc
101%
4% c/o
.
WEEK
FOR
& Deposit
Shares
6.75 7c
prior
35.92
65.48
102.13
105.65
89.91
104.24
35.78
65.43
102.24
105.68
89.50
104.23
100.41
17
183.52
50.20
35.70
65.61
102.26
105.58
89.41
104.11
100.34
17
16%
16 V2
25
4'/4
16%
293
4>/4
97
26 Va
351
Personal
High
25 V2
Feb
Apr
9V2
Jan
19y2 Aug
44 y2
Jan
16
4
May
'/a
4
Gas & Fuel Association—
prior preferred
preferred
V2 %
6 Vo
114%
Oct
116
Jan
39
144
Oct
160
Jan
6%
40
40 Va
58
40
Jan
6%
Oil
40%
55
7
101
101
2
37
Jan
55
Oct
100
Aug
104
Mar
Jun
54
Jan
First
110
24% May
29
Jan
General
1.00
850
35c
Oct
Gillette
50
20
Western National Bank
52%
Jun
1.00
11
99%
99%
42%
43 %
325
43%
42%
43%
40
99%
Oct
:?9% May
41 %
July
1975
4s
A
~
-76
76%
Copper
46%
Lone
45
Feb
Co
—
Theatres
Loew's Boston
Jan
1975
85%
86
$7,500
71
July
90%
Feb
1,900
83
Aug
98
Feb
Mt
Vernon-Woodbury Mills Inc—
4% debs (subordinated)
16%
77/a
16%
8 Va
Cement
Star
101
2,000
100
Sep
May
100
100
85
76
--
79
100
100
—
75c
100
50c
Jan
1.00 May
85
85
75
82
Jun
97
Jan
74%
76
20
60
May
76
Oct
9
Jan
3
279
2
Sep
80
30
72
Aug
99'A
Jan
89
10
85
Sep
124%
Jan
23
10
20
Aug
47
Jan
24% Mar
Apr
30%
3%
•
22'A
29%
x29Ve
29%
285
58
36%
26%
46
14 A
66 Va
59 %
356
—
59%
37%
27%
—
—
66%
6
preferred
Mergenthaler Linotype
Mullins Mfg Corp class B
100
*
1
31
61
—
6
27%
57
247/a
22%
200
20'A
25
51% May
509
23 'A May
424
41% May
51%
Jan
14
14%
10
17
Feb
181
58% May
78%
Feb
162
5% July
7%
Feb
Jun
6
380
23
32'%
Feb
61
272
43 y2 May
61
Oct
24%
15
15% May
24%
Oct
650
12'A
21
Feb
12%
13%
17'/a
58c
38c
18
60c
Friday
Exchange
Week's
Sale Price
STOCKS—
Par
of Prices
Shares
Agricultural Chemical
Sugar Refining
Tel
49%
109
34% May
49%
Sep
41%
417/a
210
34% May
44%
Tel
Woolen
•
Copper
Boston
& Albany
49%
RR
443
26%
36'A
424
31
19
123% 124 7/a
100
25
149%
49%
155% 158
19
*
Boston Edison
2,825
47%
3 5 Va
158
50
Inc
Machine
Rexall Drug, Inc
43%
42%
43%
Jun
174%
Feb
Shawmut
Jan
50%
Feb
Stone
May
14% May
75
1,250
117
Jun
39% May
42 ya Mar
19 y4
135
50%
Elevated
100
58%
58%
19
Ry
■18%
19
554
•
28'A
27 Va
28'A
165
Stamped
Boston
Herald Traveler Corp
58%
125
57 V4
Feb
18V4 Sep
25%
Sep
77
7%
prior preferred
class B 1st pfd
Union
Jan
United
For footnotes see page 42.
100
100
30%
—
30%
31%
545
7%
7%
300
20% May
4% Jun
United
Shoe
Twist
90
65c
139
53c
139
37%
18'A
4'A
—
—
36%
17%
41^
2"%
90%
68c
139
37%
16'A
4'A
13
2Ya
8%
950
10
75
1,854
1,022
140
19%
14 Va May
26c
67c
May
121
Oct
90
1%
% Aug
2,650
120
140
Feb
Machinery
14Va
13%
14%
14%
18
18
—
38%
38%
—
43
56%
65
25
—
10
—
•
common
8
18
—
25
5
Drill
preferred
20%
Sep
U
S
Jan
U
S
Feb
Warren
397/a
1
*
__
42
43
53%
64%
56%
65 y2
45
45
Rubber
Smelting Refin & Min Co__
July
System Inc
D) Co
(S
—
Westinghouse Electric Corp
50
*
-*
12%
—
47%
48 Va
49V%
48/a
—
—
29'A
15%
15%
28%
16%
15%
29%
Feb
39%
Sep
26%
Feb
2% May
4%
Feb
12
14
M®r
1%
Feb
3% Aug
Feb
67/a
Sep
282
Jan
May
17%
305
185
Feb
Feb
Jan
26 Va May
800
11%
Feb
15% Mar
13% Aug
17%
10% May
18
Feb
Oct
30
15
50
327/a May
42% Aug
40
46
150
2,262
44%
Apr
May
Jan
59% July
Jan
325
60
Sep
71%
100
45
Oct
48
190
40%
Jun.
101
38%
May;
.
151
13%
Apr
8
May
37%
10
*
Fruit Co
Jan
Waldorf
_r
stampfed
*
Assn
Webster Inc
Shop Inc.:
Torrington Co
Jan
Boston & Maine RR—
8%
&
&
Stop
6%
Boston
:
Corp
Folding
Reece
90
.
120
7,700
Sep
Feb
Anaconda
Son
Reece
High
-49%
American
&
Low
•
American
Bird
&
Quincy Mining Co
Range Since January 1
High
100
100
American
American
♦
50
25
*
10
2.50
;
Pennsylvania RR
for Week
Low
Mills
Pacific
Sales
Range
Last
100
2.50
100
May
31%
13%
(N H)
32% Mar
*
66%
17%
Mining
Feb
1,360
1
RR
40
31% May
37%
1
Butte
Oct
60% July
47
5
England Tel & Tel
Jan
27%
Nash-Kelvinator
North
Feb
39% July
79
89
23
22'A
100
Northern
Jan
Jan
75c
Maine Central RR common
New
Boston Stock
8%
6% May
23%
Narragansett Racing Assn
103
60
18
12% May
177
National Service Cos
101
1966
High
Low
82
39
36%
"
*
•
*
25
'
Stores
Razor
5%
Baltimore Transit Co
16 %
•
5
10
10
Range Since January ]
High
*
common
Electric
Safety
Feb
102
BONDS—
series
National
53%
28'A
1.00
14
Inc
Lines
SS
Employers Group Assoc
63%
100
preferred
U S Fidelity & Guaranty
Low
100
Kennecott
3.60%
5s
Eastern
27%
Edison Co—
Potomac
Shares
100
preferred class B
preferred adjustment
2
Co
for Week
Ry—
pfd series A
1st
5%
65
Street
Mass
Common
30
Amsterdam Casualty
American
Jan
Co
Boston
25c
National Marine Bank
New
North
10
Sales
Range
ef Prices
Eastern
143 %
8
Trust
Prop
Service
Cities
144
114% 114%
144
40 Va
Week's
Sale Price
& Hecla
Calumet
Range Since January l
100.48
EXCHANGES
ENDINGr OCTOBER
Boston
Low
100
preferred
100.41
49.71
49.51
Par
High
20
Common
100.50
104.21
Sales
of Prices
25V4
100
i__20
Fidelity & Guar Insurance Corp
Mount Vernon-Woodberry Mills—
104.32
89.45
183.28
Eastern
Co,
89.40
105.86
102.11
35.74
STOCKS—
for Week
Low
•
100
preferred class B
Fidelity
106.07
—
65.32
40
183.54
Oct.
105%
Baltimore—
of
Bono»
15
Consolidated Gas Elec Lt & Power
Co
ties
16
East
vtc
Ralls
Oct.
Exchange
Range
Last
Co
Ralls
102.21
64.43
Utili¬
trials
Last
Week's
Friday
Transit
Touu
10
Grade
(Columbus Day) Holiday
Friday
Arundel Corporation
10
Grade
First
10
Oct.
1959
debentures
48.67
182.73
1?
14
11
106% 107
J-D
Oct.
Oct.
ties
180.49
11
Oct.
82
110
108
Stocks
roads
trials
Date—
65
Util-
Second
Indus¬
Total
10
20
Indus-
47%
Union—
preferred
consolidated; "cum," cumula¬
stock; "vtc," voting trust certificates;
warrants.
47%
8
103% 104
76
A-O
f Ex-distribution,
y Ex-rlghts.
daily closing averages of
Below are the
75
35
108% 108%
Baltimore Stock
1st
Odd-lot aale.
during current week.
104%
117
33
—
RANGE
5%
e
Ex-dividend,
x
Stock and Bond Averages
OTHER STOCK
Baltimore
sale,
1C8
130
M-S
1969
f
6
6
above—"cod." certificates of deposit; "cons,"
used
Hotel-
.2030
s
d Ex-Interest,
r Cash
tive; "conv," convertible; "M," mortgage; "n-v," non-voting
"w i," when issued; "w w," with warrants; "x w," without
107%
6
112% 112%
J-D
-1964
conv
2
2
107%
102% 103%
A-O
.1954
6s
158
223
flat.
30
.1949
Newspaper
2%
2%
100%
1105'/a 107
J-J
1946
Western
2%
-Stocks.1946
37
32
§Reported in receivership.
Industries—
"Waldorf-Astoria
sale,
Under-the-rule sale,
Stinnes
Stinnes
delivery
Deferred
listed
(Hugo) Corp—
A7-4s 3rd stamped
--
2 Va
2%
and asked prices; no sales being transacted
bid
—
68%
25
24%
29
121%
97'A
102% 103
A-O
98%
108%
117%
1100
7-J
1970
3 Vis
(Calif)
108%
__
117'A 117'A
M-S
1971
Gas
25%
81%
16
53
18
28
J-D
a
par
A Bonds
106
1952
Edison
*27
--
J-J
n
170
105
1951
California
52
50%
81%
$26'A
1919
6 Vis
value,
109
Queens Borough Gas & Electric—
Southern
47
52
__
81%
81%
J -J
Ex-stock dividend,
108
107 V*
1
1107
—
A)
2012
1921
•No
107
89
105
30
--
104
104
New
M-N
(Plan
2%
to
Government
tFriday's
6%
2%s
to
stamped
A5Vis
109
A-O
—
18%
34
107%
103
J-J
55
15
28
104%
1
reduced
Janeiro
de
Interest
65
8
Rio
104
10
106% 106%
J-D
52%
*44%
2008
111
A-O
1964
29
stamped (Plan A)
Interest
104%
J-D
1970
40
*44%
—
J-D
M-N
Jersey—
certificates
*39
5
*20
1972
1971
of
94
21
29
A-O
1931
1968
Service
96
88%
—
15
1947
1927)
Mortgage BanK of Denmark 5s
1961
3Vis
Oct.
AMortgage Bank of Chile 6s
2004
—
20
15
M-N
42%
A Russian
104
—
*27
J-D
1947
stamped
94
64
62%
__
85
—
M-N
65
Valley RR—
102%
45
83
90
J 77%
J-D
109
102% 102%
—
2008
2VaS
A7s
102%
98%
102% 103
A-O
76%
22
16
A)
1951
reduced
Bank of Bogota—
(issue of May 1927)
Parana
-1956
78
65 Va
Mortgage
104%
__
112
41
t
30
42
77%
125
—
1
66%
180
__
M-S
6%s stamped_1958
City (Peru)
stamped
Interest
A7s
1957
—
—-
High
66%
&
Maranhao
42
32
36
132
J-J
10
43
31%
32%
131%
—
30%
30
35
32%
—
1
Low
Loan—
103
106 Va
30%
January 1
No.
67
39%
41
J-D
7
130
F-A
1957
1952
1948
•
3
30%
J-D
Range Since
Sold
High
66%
—
3
Port
Bonds
Friday's
t65%
J-3
103
Danzig
1957
A-O
103
106% 106%
1955
Public
or
Bid & Asked
Bank of)
Valley 7s
Cons
Municipal
Danish
104
(Col) —
April 1946
Jan 1947
103
,
—
Sec-
1955
Bank
103
J-J
1963
Mortgage
A20-year 7s
A 20-year
7s
Bogota (see Mortgage
107%
103%
--
Agricultural
ACauca
Midland
Last
Sale Price
Low
68
56%
63
1103% 104%
—
84
55
158%
A-O
1949
Power
Week's Range
Friday
Exchange
105'A
1963
Curb
Interest
Period
York
New
.1961
International
17
OCTOBER
ENDING
Week's
Friday
Interest
BONDS
New
EXCHANGE
CURB
YORK
NEW
60%
111
13% July -
398
22% May,.!,;
Apr
May
F^b
50%
Feb
17%
Jan
18
Apr
<30% July
THE COMMERCIAL & FINANCIAL CHRONICLE
(1606)
34
Monday, October 20, 1947
™
OTHER STOCK EXCHANGES
RANGE
WEEK
FOR
17
OCTOBER
ENDING
%
Chicago Stock Exchange
Week's
Friday
Last
Range
Share)*
Acme Steel Co
Adams
Mfg
(J D)
Castings
Advanced Aluminum
Aetna
Ball
Allied
Laboratories
American
Bearing
Tel
common
100
5
capital
Co
Armour & Co
common
Asbestos Mfg
Co common
Washer
Automatic
14%
9%
600
10%
_
Feb
4,300
9% May
2%
1.500
1% May
3%
Feb
8'A
300
7%
Oct
13%
Sep
4'A
100
3%
Aug
5%
Feb
it
300
%
13
13
18%
IS
Feb
23% Aug
1 g
Oct
Apr
Sep
12% Sep
14%
Feb
Feb
Jan
13
13%
400
11% May
17%
16%
—
17
600
13% May
171/2
131/4 Feb
11%
9% May
100
38% May
59
500
59
Oct
41
41%
300
35
Jun
45
Jan
15%
16
100
10%
Jan
16%
Feb
19
19
150
16%
Apr
21
141/4
600
11% May
23%
Feb
8%
8'A
00c
•
7%
Jan
20
Sep
2%
Corp
1 % May
8 % May
10 % July
10
7% Mar
8% Aug
Towel
Co
(The)
3%
3%
400
15
15%
600
—
34%
34%
100
26
35'A
35'A
36'/a
400
31% May
42
*
American Radiator & St San com
——
American Rolling
Mill
Anaconda Copper Mining
2% May
12
May
—50
Certaln-teed
Columbia
Products
Gas
Continental
1
Co
Consumers
common
(new)
com
91/8
9%
800
7% May
7%
6%
7%
800
5
Aug
30
68
May
85
Sep
65%
Corp
Doehler-Jarvis
General
Electric
& Radio
Nash-Kelvlnator
York
New
North
Pan
12%
Feb
—
5%
5%
500
4%
Jun
6%
Feb
7%
8%
400'
5% May
8%
Jan
37%
36
5%
65%
400
40'A
391/4
401/4
500
23%
Jan
40%
37%
900
32
May
39%
Feb
5%
4,300
3
May
5%
Feb
5%
5%
400
Apr
6%
17%
18%
1,600
19%
Feb
14%
15%
1,200
14% May
12% May
22%
Feb
24%
Jun
33%
Jan
5%
3,800
4%
Sep
7%
Feb
Co
15%
10
•
Airways Corp
—
__
.
5%
10
IOV2
400
23%
22%
23%
800
34
35%
150
22% Mar
35%
29V4
29%
29%
2,500
27% May
33%
Pure
Oil
Co
(The)
•
common
Radio Corp of America
common.
Radio-Keith-Orpheum
Republic Steel Corp common
26%
•
26%
8%
27
27
27
70
25
May
28
*
Eddy Paper Corp (The)
Mills of America
41
20
35
Apr
41
Gibson
uossard
(W
Co
common
Rubber common
H)
381/4
100
4
4%
106
16%
10
IOV4
58%
Standard
Oil
60%
2,100
86
550
300
9%
Steel Spring
C'%
200
26%
9%
N
Corp
Oil Corp
Sunray
J
2,800
Wilson
&
Co
650
16%
2,500
13% Mar
75
75%
700
64
15
14%
15 V4
400
11% May
17
22 »A
22%
1,500
16
May
24%
11%
11%
11%
1,900
Jan
12%
Sep
3%
600
2% May
4%
Jan
200
10% May
3
•
14%
15
15
Burger
191/2 July
11% Feb
9% May
17%
•
65
Jan
6%
17%
17%
650
6 01/2
Jan
Low
Instrument
Hammond
Corp
11
12%
25
24%
25
23%
21%
231/2
1,100
10%
10%
350
Brnmm
40
40
50
5
5
100
10
(G) Brewing Co capital
Corp ' (new)
Co (Geo A)
common
Rrueman
12%
10
1
3
*
1
12%
27%
12
12%
350
27%
28
500
22
21
common—1
Co
common
2,250
350
N
&
19V4 May
10%
Corp common
Hupp
Illinois
Brick
Illinois
Central
Co
capital
RR
—
100
common
Pneumatic
Independent
Tool
com—*
Indiana Steel Products Common
Interstate
irn
t
Power
Katz
Keilogg Switchboard common
Kentucky Util jr cum pfd
6% preferred
_
1
Ext
Salle
La
Univ
15%
7%
9%
Cincinnati
Cola
Oct
Coca
8%
550
Oct
Crosley
Field
&
Co
Motors
7
22
22
25
16
Jun
28
Feb
10
115
Sep
21%
Jan
9'A
Hart
&
tidier
iuo
Mar
Dayton
Gibson
297
25
Jun
29%
Feb
105
106
19
105
Oct
110%
Aug
114
114
15
112% Aug
27%
28
2
9%
50
8%
81%
class
11% May
17%
Jan
12'/2
_
_
9%
—
29%
Chemical
19
S
15
&
pfd
Michigan
Eagle-Picher
•
Montgomery Ward
& Co
Muskegon Mot Spec class A
Feb
P
490
7V2
Sep
24%
Jan
Randall
2%
50
1%
Sep
6%
Jan
U
15%
1,500
lli/s May
15%
1,100
6
9%
22
100
107
May
5j/b May
56%
111
7%
.
S
_.
_______
__
&
Standard
1C5
Oct
Sep
14
Feb
North
Ind Inc
Car
American
97%
Apr
98%
24%
20
20
Jan
25% July
60
95
53
Jun
69
40
Jan
4
46
__l.oof
25
46
50%
class
May
11
—
__
25
Printing
Jan
42
July
40%
27%
28
300
18
50
50
26%
221/4 May
34%
ip
30
Jan
24%
Feb
May
13'% Mar
14%
14%
100
13% May
19
July
23
850
171/4 May
23
Oct
49%
10
47%
56
Nunn Bush Shoe
common
4% July
697
56% May
5%
2
58%
200
30%
20
Range
American
Shares
American Tel & Tel
Week's
Low
Sep
491/8 May
64%
28
31% July
May
Feb
Electric
Apex
Cleveland
(Un)
_
Cliffs
Iron
common
4$^
—
13%
lOOt'*
preferred
$4.50
—
<jt-'
Mfg
Electric Illumin.
84
com
Low
20°
a3%
al4%
al5
al57
a 155%
230
376
Parker
Pen
Co
(The)
25
common
150
34Vs
Aug
48
Jun
25
200
24%
Oct
25
Oct
Cleveland Graphite Bronze (Un)
31
31
32%
Sep'
Consolidated Natural Gas (Un)
22%
26%
166 % 168
5
100
50
Ptabody Coal Co class B com
6% preferred
Pennsylvania RR capital
Process
(The)
Corp
Quaker Oats Co
Sangamo Elec Co
Roebuck
&
Serrick Corp class B
Hhellmar Prod
Corp
—
•
1
capital
capital
291/4
*
common
Co
71/2
—-
18%
mmm
*
common—
Cummins
Schwitzer
Sears
common
9
— mm
37%
mm.
preferred
4%%
100
200
110
25%
Apr
21
Apr
Feb
Dow
148
Jan
180
Feb
Electric
common
Controller
10
18%
Oct
23
9%
1,150
7%
Apr
10%
31
Feb
Oct
50
Feb
Goodrich
Jan
31
50
31
Electric
General
Motors
common
(B F)
Bend
South
Clothes
Lathe
common
Works capital
Spiegel Inc common
Louis Nat Stockyards
St
capital
Standard Dredging preferred—
1
Common
Standard
Forgings common
,
L'undard Oil of Ind capital
Stein
&
2
*
20
5
Apr
6%
Sep
85
May
94%
Feb
Harbauer
Co
29
29%
Jun
29%
Oct
Industrial
Rayon
18
Feb
Interlake
Iron
40% July
13% Oct
Interlake
SteamshiD
17
36%
37%
200
50
900
5%
Apr
93
Apr
17%
Sep
221/4
12
May
30% May
13%
35
12%
250
10
Mar
16
16Vs
1,000
14
May
29V4
28%
Co
(A)
common
7
750
1,100
8%
Jan
x24% Mar
9%
110
26%
35
Jan
Feb
Oct
13% July
16% July
1
25
*
7
mm
,
Swift
International
Certificates
Co.
Texas
Thor
13%
82%
30
38
Feb
Aug
Nestle
100
4
500
50
Apr
17% Mar
3
U
,f
Co
So
La
May
41% July
50
37% May
44
—
24%
24%
300
24
Jan
24%
Steel
Salle
common-,
St
261/4
25
26%
1,000
16
May
26%
Oct
Reliance Electric & Eng
33%
34%
200
31
May
37%
Jan
Republic Steel
Sep
WrigJey
Bankshares
(Wm)
For footnotes see page 42.
21%
600
53%
13%
Feb
July
Ohio
Oil
22%
74%
11%
1,250
14
800
~po£
(Un)
,,
46%
Sparks Withington pfd
Standard Oil Of Ohio common
Feb
35
Oct
Feb
74%
75%
700
29%
300
23% Apr
11%
11%
1,200
11
200
£6
Jun
Oct
79% Feb
30
July
13% Jan
06
Oct
w4p,p.
<■»
72
52
4% Jan
10% Jan
37% Oct
Vlchek
Tool
—-r-wS&T
World Publishing
May
MRY
Jun
May
Oct
Jan
8% Feb
200
2% Jun
4% Jun
31
Jan
21
APr
28%
28%
35
24'A May
30% Feb
18%
18%
200
17% Oct
26% Feb
23% 23%
29 29%
46
47
30
192
14% May
22% May
24% Sep
30% Feb
547
44
Oct
54% Feb
100
11
100
Mar
a27% a28%
132
23% Jan
31% Avg
a46%
20
a75
51
38
May
61% May
59% Jan
79% Feb
Jun
Oat
20% Feb
10O
Thompson Products Inc com.——
a46%
Steel common (Un) ———a72%-
Oct
July
Feb
Feb
52
Apr
34% Jun
4% Jun
_lOff.;/ 100
Van Dorn Iron Works.—
May
47% May
62
May
Jan
59% Sep
20
47
15%
36 Va
39
16% Feb
14
Oct
U S
54
—
Feb
Feb
Mar
Jan
July
11% July
9
Jan
2,370
200
18%
61%
23
15%
54 %
35%
9%
31
27%
3
3%
6%
6%
a36% a37%
a255/»
a2?
1-^5,4
12% Jun
51
Jun
13
Mav
60
45
33
50
50
751
—
17% Oct
a46
a47
al4%al4%
33% 33%
a36
a36
1,120
3%
32
51% Jan
49
Jun
41% Jun
500
130
82
5'/a
<,•'?'
(Un)—
23%
48%
66
37
15
51%
131/2
14%
51
131/2
72
40%
—
May
21
35
X66
39% Feb
65% Feb
71% Feb
72
39
5
——
26%
33%
30
May
50
150
a45% a47%
17% 17%
—
(Un)
Patterson Sargent
a58% a60%
a58% a58%
75
—
Sep
Sep
29
35
._12%
common—,—*
Jr——
100
58%
48
*
common
Westinghouse Elec & Mfg com
Wisconsin
24
57%
22
5
2
Corp.—
54% Jan
42% July
79% Oct
1,649
z_Tl4
Oct
9%
24
—
(The)
40% May
36% Sep
65
July
14
LA-**.
400
58%
115%'Feb
35% July
121
198
1
a36% a37%
—
Richman Bros
*****—25
,
44% Feb
107% Oct
27% Jun
12%
Le Mur class A
40%
deposit
(The)^
a34% a34%
a50% a51%
a40% a40%
79% 79%
14% Oct
84% July
Mar
67
20
10
a41% a41%
11 Va Oct
12'A
|
Ohio Brass class B
10%
—
5% Feb
16
Feb
174% Feb
7% Jan
12%
Brick
39%
mm
High
2% May
11% May
149% Jun
11'A July
80
July
13%
2^L*
i—A';';."
National Tile & Mfg
21
19
Medusa
Metropolitan Paving
10%
,
Oct
Apr
50
14%
84
—
(A G) class B___
Portland Cement
300
12%
331/4
Ltd—
Co
Corp
Trane
208
of
5
25
—
lOif:
—
34% Feb
17% Feb
Pennsylvania RR
Sundstrand Mach Tool common
Swift & Co capital stock
S'teel (Un)
6% May
19
3%
,,
Island Lime & Trans
Kelley
Lamson & Sessions
23% May
8% May
331/4
—
—1
100
Feb
—
"$p
(Un)
100
9%
51
—
& Laughlin
Jones
—
#
(Un)
29%
121/4
.
—
f#.
70
200
34
——
—
10 A
20
1,750
1,100
16
_
(Un)
6
18%
12%
1
common
90
6
7%
104
12%
5
(Un)
common
McKee
Society Brand
—
13 v
-:r
1-W
89%
17%
34
*
•
\>'■
Goodyear Tire & Rubber
.$?' ■
Gray Drug Stores
:
m ,
Greif Bros Cooperage class A—A
Halle Bros preferred
--'5(£y>.
7
102
12%
•
common
52
Sep
Jan
Chemical
18%
17
1
common
Signode Steel Strap common..
Sinclair Oil Corp
5%
6,617
121
40
9
163
al0% alO%
al07al07%
39%,
24%
18%
9
Jun
Feb
B
Range Since January 1
High
a3%
JSiA
loli
Coach & Body
22%
--
38
Jan
6 "4
691
Sales
for Week
of Prices
§£
(Un)
Alleghany Corp
391/4
1
common
3%
13
47
Last
Friday
P4f'
General
Manufacturing
Oak
Aug
200
May
58V4
30 Va
rnmmm
18 VB
24
5%
Sale Price
W"
Feb
15
22%
1661/2
12% May
13%
Cleveland Stock Exchange
Mar
49%
•
10o
2%
July
69'/a
47
—
Apr
May
8% May
20
coipmon
preferred
7%
Util
Oct
51%
5'/2
68%
"V,
B_
Jan
8
16
13% July
—mm
46
40% May
274
67%
13%
Jan
Feb
350
2,900
(new)__21/2
common
Bancorp
v.jrthwest
Northwest
cap
Feb
97
'
Ncblitt-Sparks
7%
60
9%
14% May
Mar
1,300
22
2,550
10
common
Apr
49%
50%
*
G
Cleveland
National
Apr
125
Feb
54%
6% May
53"% July
10
80
16%
*
Jun
12
20
Oct
8%
10
10%
58 %
Jan
71
150
5%
Magnavox
National Pumps
Jan
10%
*
99%
347
12%
59%
»
18
16
m- —
Feb
24%
...
i-
*
A
25
18
——
Feb
14%
97
10 if
——
May
16
*
*
preferred
Co
Aug
121
Feb
Jun
27%
10
Mfg common
Monroe
7
817
9%
165
9%
50
Kroger
18% May
4%
101/2
prior preferred
$1
Modine
28%
82
81
165
_
Art
May
1
5
vtc
common
8%
Jan
24% Aug
ftt
4p
Feb
(7% Feb
Sep
37
*
common
Food Products
Middle West Corp capital
Mickelberry's
Feb
July
STOCKS—
Marshall
Sep
4
100
A_
8 % May
40%
—
37%
50
100
TeleDhone
class
350
9%
22
mmm
*
Lindsay Lt & Chem common
7%
5%
mm —
McNeill & Libby common.,—>--7
Co common
1
iooy
15
22
109% 109%
mm mm
Lincoln Printing
2%
54%
mmmm
5
common
9
2%
1
•
50
100
Co common
Drug
"9
*
1
Inc common
Brown Stores
8%
1
pfd
$6
—
29% May
41
5
8.50
_
preferred
Cinicnnati Street
25
Apr
32 %
*
__
& T P
O
Jan
33
—
Preferred
C
High
LOW
17%
5
•
Hobart
Werner
Hein
Hormel
15% July
80
34 '/a
32%
20
Brewing
12%
9'/a May
17
Feb
Range Slnee January 1
High
30'A
301/4
Oct
20
16% May
Feb
21%
1
1
Feb
Shares
Cincinnati Union Stock Yard-
Harnischfeger
Feb
_1
Mach
__r
Churngold
Feb
9%
Apr
Aug
16% May
7%
for Week
of Prices
*
Industries
Oct
Feb
Range
Sale Price
Par
Aluminum
Oct
4%
106
May
43V2
Mar
Sales
Week's
Friday
American Laundry
250
July
79% July
22 'A
stocks—
Balcrank
200
17
Cincinnati Stock Exchange
Oct
21%
Feb
16
1
_
common
381/4
47%
7%
47
8
Feb
23
•
30% May
2% May
52
Feb
1558
30%
10%
500
1,500
_
Feb
13%
10%
Sep
May
7% May
600
12'A
29'A
1
_
common
13%
81
21% May
1
of
Studebaker
Jun
21%
8
33% July
28% July
75%
25
Standard
Cincinnati Gas common
60
*
common
600
103
*
& Dk common
Lakes Dr
Great
Co
Refrigerator
Goodyear Tire &
I2V4
38V4
—
10
1
General Motors Corp common
11%
16%
10
Auto
Four-Wheel Drive
Jan
Jan
16%
15
Sep
5
Inc
Hour
31
11%
••
Sep
41
—
Feb
Oct
9% May
28
12
1
Socony Vacuum Oil Co Inc
Jan
4
14%
22%
-33%
Oct
—
Feb
25
com.—_1
Pepsi-Cola Co
4%
—
5%
-2%
Oct
—
1
Corp class A
Credit
Domestic
Oct
5
*
capital
Pictures Inc new
Jan
4
f!nr
TVTntnr
Amer
12%
May
5
_
Central RR
Paramount
20%
May
7
1
_
Corp
American
Pfl.rkn.rrt
May
10
100
•
Co
Motors
Light
Gas
12
900
8%
—
1
Graham-Paige
Laclede
100
12%
—
Television
Farnsworth
19%
Feb
64%
—
Mar
Feb
64%
—
Feb
Feb
8%
_
8%
•
Curtiss-Wright
Oct
9%
74
11%
Feb
17
41%
19%
—
1
Feb
56%
13%
73
50
10
5
preferred (new)
Dodge Mfg Corp common new
Cumulative
May
5%
12 %
•
Electric
&
Motors
Last
Edison
Commonwealth
High
Low
3%
65 % Mar
9%
25
*
Inc
Co
Feb
2V2
10
5
common
Chrysler Corp common (new)
Cities Service Co common
Coleman
400
9%
6% May
60% Jun
*
•
*
vtc
Chicago & South Air Lines
Chicago
1,300
64%
641/2
*
preferred
Convertible
Chicago Milw St Paul & Pac
9
8%
1
I
,
_
United Corp
Chicago Corp common
Range Since January 1
High
""
Feb
100
8'/a
8%
—
700
Mar
3,100
2
10
10
40
Oct
54%
10'A
2
— —
Low
Feb
13%
mm mm
500
54%
58
-
12
54%
12
—
12%
pfd
71/4
4% May
14,100
13%
5
1
common
15% July
151/4
450
•
_
Util
W
S
Oct
174%
1,500
10
Carr-Consolidated Biscuit common—1
Central 111 Secur Corp common
1
&
23%
Jun
41/4
—
Butler Bros common
oent
Jan
5%
5
common
Central States Pr & Lt
17
150
201/4
2%
10
common
Burton-Dixie Corp
150
51/4
1
Inc common
Borg
(George Wi
Corp
Borg-Warner Corp common
Brach & Sons (E J) capital
Ring
Feb
14%
tt
Bliss & Laughlin
Piston
Feb
11%
19%
1
Manufacturing Co capital
Burd
7%
Jan
6% May
8
—
(E L)
Sep
9Va
1,100
155% 157
Shares
Feb
3%
10
Mfg Co
common
Rights w i
Berghoff Brewing Corp.—
Bruce Co
23%
10%
350
3
Corp
Apr
2'A
14%
—
3
Belden
Links
11
23%
156%
15%
Jun
200
4%
4%
Oct
58
Jan
46
120
4
common
Manufacturing
A vco
300
8%
1
Corp capital
Athey Products
58
14%
•
common
Tel
&
57
14%
4%
for Week
Stocks—
Alleghany
High
Low
14%
*
1
—5
*
—
Admiral Corp common
Range 81nee January 1
58
,—10
common
Sales
Range
of Prices
u
High
Low
Par
Week's
Last
"fa
Bar
Unlisted
for Week
of Prices
Friday
Sale Price
■m
STOCKS—
Sale*
Sale Price
stocks—
4ft.
—
27
}* *4#
«%ni%.;
18% 18%
Youngstown Sheet & Tube—-—a77% a79%
Yonngstown Steel Door (Un)
*
al7% a!7%
390
*20
.
20
—
..
360
—
10
11
18% Oct
53% May
I5
May'
\
HI
27% July
100
Mar
34
J§n
79% Oct
21% Feb
THE COMMERCIAL &
Number 4639
Volume 166
WEEK
FOR
17 '
OCTOBER
ENDING
Sales
Week's
Friday
Last
Range
for Week
Sale Prica
STOCKS—
of Trice*
Shares
Watling, Lerchen & Co.
Los
.-1
--
.,—100
—
Aircraft Corp
Lockheed
Angeles Investment Co
Members
Detroit
York
New
Exchange
Co
Mt
Diablo
Oil
&
Mng
Co
Dev
Corporation Ltd
Northrop Aircraft Inc
Nordon
Telephone: Randolph 5530
—
Elec
Detroit Stock Exchange
Range
of Prices
Electric
A'.len
—
1
Adding Machine-
Uonsoiidated
Edison
Detroit
$4.50 pfd
common
Stove
Detroit-Michigan
Detroit
Steel
Detroit
Steel
Gar
—:
Jan
Oct
739
57¥2 July
500
19
May
21 ¥2
Oct
Oct
113 ¥4
Aug
6% May
12 »/2
Feb
110 ¥4
10
8%
550
£'¥4
7%
300
6%
1,400
3%
Oct
23%
2,462
23
3¥8
600
2
6
¥2
¥2 May
3 ¥4
10 V2 May
Feb
changed
738
250
17%
Jan
26 ¥a
Oct
Textron
20%
200
18%
Sep
20 ¥a
Oct
Transamerica
¥4
1,700
Feb
Feb
Jan
United
2¥e
Feb
Universal Cons Oil Co
2,745
5
July
9%
Feb
Western
200
12
May
16¥>
6%
7 ¥2
16 ¥2
9% May
4
9%
8%
9 ¥2
3,205
1
6
V2
6%
6 %
920
5¥a
5%
5 ¥2
9% Sep
6¥a Feb
Jan
6
5 ¥4 May
Manufacturing
Hoskins
Houdaille-Hershey
Hurd
common
!
Car
Motor
Hudson
King-Seeley
Kingston Products
Kinsel
Drug
Lakey Fdry
5% conv pfd
McAleer Mfg
Feb
American Radiator & Stand San
Oct
Refining Co
American Tel & Tel Co
1
50c
*
10
2
McClanahan Oil common
Mid-West Abrasive
Products
Motor
Corporation
Stamping
Murray
National
Davis
Farke
Metal
Peninsular
Rickel
Products
W)
(H
River Raisin
Paper common
Scotten-Dillon
Manufacturing
Standard Tube class B com
Shelter
U
S
Radiator
Walker & Company
Aircraft common
Warner
13%
1,550
15
100
4¥8
700
5
Feb
9
May
Apr
13 ¥4
13¥2 May
15 ¥a
5%
4 ¥4
5Y2
Jun
Oct
Apr
Feb
2 ¥4
Feb
1%
550
7 S/8
100
2 ¥4
500
1%
8
July
8 ¥4 July
75c
May
1%
Oct
4%
Jun
8 ¥4
500
1%
10,190
1% May
6 ¥2 Apr
4¥B
100
Sep
3¥a Aug
■%
77/a July
2%
Jan
400
100
10
2 ¥2
2%
1,800
25
5¥a
Feb
Topeka
Avco
2,350
Barnsdail Oil
Aviation
4¥8
Pacific
Canadian
Case
Feb
I)
(J
Berkey &
Blue
Gay Furniture
Columbia
Oct
Commercial Solvents Corp
¥2
Jan
Commonwealth
Oct
Commonwealth & Southern Corp
3¥a Mar
3%
525
9 ¥4
485
7¥a Jan
9%
869
7¥2
4
9¥a
Jun
Gas
Chica
Broadway Dept
97/e
Jan
14¥a
Oct
Consolidated
Edison
100
3 ¥4
Sep
4 ¥4
Feb
Consolidated
Vultee
3%
200
3¥a
Jun
19
250
16
May
7
528
6
Apr
Chrysler Corp
Colorado Fuel
Preferred
4,150
Consolidated
Jan
Continental Motors Corp.._
Feb
4¥a
21
Continental
7¥a July
Inc
Douglas Aircraft Co Inc
Industries Inc_
:
Dresser
A
Farnsworth Tele & Radio Corp
Oil Co
Exeter
Ltd class
Fitzsimmons Stores
11 ¥4
Jan
15
July
18 ¥2 Feb
Class
Hilton
A
Bond
Electric
May
56
Jun
65
Feb
General
14% May
1V4 May
16
Aug
General
Foods
Corp
2% Aug
General
Public
Utilities Corp
2% Jan
Graham-Paige
1,400
2
Jan
Range
Inter coast
-
Jade
Oil
For footnotes see page
42.
LOW
'
6
2,470
3% Jan
18% May
25
25
191
10%
10%
5,050
5
Jan
Sep
800
1
7%
7%
720
6% May
10 ¥a
3,839
1%.
1 ¥4
14
650
a32 V8 a32¥a
14
10
14
Co
Electric
Motors Corp
Northern Ry Co preferred
Iron
6% Jap
27
Feb
10%
Get
North
2%
Feb
,*
Feb
Packard
Feb
Paramount Pictures Inc
13
Ap?
15% July
25 % May
New York Central
Co
American
CaT
Motor
Co
Railroad Co—
Pennsylvania
Pepsi-Cola Corp
Phelps Dodge Corp
19
230
12%tyfa¥
20 %
Jan
50
2if2 Jun
4%
Jan
66
897
56
Sep
66
Oct
Pure
17
200
12% May
17
Oct
Radio Corp of
19V4
19%
100
17% May
20
Feb
21% Ma*
ii% May
34%
Feb
Corp
Seaboard Oil Co of Del
2J% Jan
37%
28
730
15%
15%
112
81
20 ¥a'
20%
£'50
49c
85c
78,650
7'%
7%
155
10%
10%
150
10%
9%
10%
59%
59%
60 %
27%
97
¥2
49% Jun
62
14
21% Feb
May
Inc
May
Oil
Republic
America
Steel
SoconyrVacuum Oil Co
Southern Railway Co
Standard Brands
Standard Oil Co
(Ind)
(N J)
Standard
Feb
Btudebaker Corp
Aug
14%
a8%
a8%
5c
5%c
al4% al5%
66% 66%
—
—
—
—
—
—
a32%
5
*
—
—
—
—
54
al2
—
a57%
a40
•
*
25
•
—
a24%
—
—
*
1
1
5
5
1
1
5
*
*
*
,—1
*
—
—
—
a49%
—
5%
—
—
—
—
—
5%
a4C%
157% 157%
a56Vs a56%
34% 35%
15
15
85 % 85 ¥2
a34%
a35
5%
5%
7%
11%
62% July
12 ¥a Sep
Jan
19 V4
Feb
15%
Jan
15 %
10
Jun
10V2 May
25
4,242
20%
Feb
Jun
50
20
1,296
24% July
May
Company
700
7y8 May
10%
Oct
Texas
Gulf Sulphur Co
1,878
52% Jan
65
Feb
Tide Water Assoc Oil
26
34
Feb
Union
Carbide &
Union
Pacific Railroad Co—_
186
42% jun
97
100
82
Jan
11%
Sep
May
58% Mar
Lines
Aug
United
Air
12% Aug
United
100
11%
1.10
1.10
800
Jan
United
800
95c
May
13% May
1.35
2l¥t
21%
Oct
U
22
22%
480
15% May
29
Jan
Warner Bros
85c
1.05
20,000
65c
Jan
Feb
19c
19c
2,000
14c
12%
10%
13%
7,752
Apr
May
2.1%
21
21%
1,254
5
15% Jan
July
Sep
10
Jan
14,000
2 Vac Apr
6c
Sep
16%
Corp
Corporation (Del)
Rubber
Co
Pictures Inc
Westinghouse
class A
Electric Corp
13%
Oct
Willys-Overland Motors Inc—
213/4
Oct
Woolworth Co
CP W)__;
-
11% May
190
110
51 ¥2
150Va
Feb
66%
Apr
1,193
Jun
Oct
173
Jan
50
52% Mar
52% Mar
427
31 ¥2 May
42
895
10
15% July
205
71% May
97
Jan
32 ¥2
36
Feb
17
213
May
Apr
7%
4% May
100
17
Mar
Feb
24
Sep
Feb
80
22
Mar
30%
Oct
202
32
Sep
39%
Feb
320
78
May
23% 23%
a44% a44%
130
15
Jun
23%
Oct
60
40¥4 May
43%
Sep
54
54
all%
al2
a43% a44%
a57 a57%
a36%
a40
al27'8 al2%
a23% a24%
a29% a29%
3%
3%
a25% a25%
14% 14%
8%
8'%
a48% a49%
a33% a33%
5%
5%
a 18% a 18%
a 13% al3%
37% 37%
a37%
a38
al4% al4%
5%
5%
a39% a40%
263
46 ¥4 Mar
110
9% May
70
Jan
90
54
34% Mar
Oct
15%
Feb
34% Mar
140
54
Sep
63
310
24
Jan
38% Julv
50
10
May
Feb
12 ¥4
Sep
53
23 V4
Oct
26 ¥2 July
20
28 ¥2
Jun
31%
Feb
3%
Jan
3,922
2% May
25
Oct
May
17%
Apr
May
12 ¥2
Feb
417/a
Jun
46 ¥4
Oct
26
Jun
33 ¥4
Oct
Jun
6 ¥4
30
25
Oct
225
11
550
7
210
40
4¥8
615
FeD
25
13
20
Feb
24
10 ¥4 May
16%
Jan
33
May
39 V2
Feb
Sep
Sep
42 %
Jan
May
5 ¥4
600
May
50
38¥4
50
13 ¥4
3
1,360
225
14
38 ¥4 May
Sep
Feb
42
July
25
10¥a
Jun
13 ¥a
Jan
28 ¥a
Sep
36
Jan
95/b
Sep
17%
Feb
190
43 ¥a
Apr
46% Aug
8 ¥4
Jun
10%
Feb
20%
9
9%
19% 20%
590
135
19 ¥4 Aug
25%
Jan
a58¥* a58%
51 ¥4
62 ¥2
Feb
—
—
—
—
50
15%
"
—
25
—
5%
—
—
a29%
43%
—
—
—
—
—
—
—
a28Vs
a40%
10
•
100
—
—
—
24
al06%
__
—
5
1
Western Union Teleg Co
23c
Feb
40
6% Aug
195
10
Inc
19%
1.00
79%
23% May
90
575
a28%
23
*
Carbon Corp.
1.10
S
63 Va May
590
al4% al4%
a28% a29%
12 % 13%
a46 Ye a46%
—
1
Aircraft
110
472
18 % 18 %
a31% a32%
34% 34%
92% 92%
18 18 %
15 15%
a9%al0%
23 %
25
27
27
5%
5%
a22% a23%
17% 17%
a28%
43%
a30
44
53
26%
8%
28%
a31%
16 %
a38%
a28%
a40%
53%
26%
9%
28%
a31%
16%
a38%
a28%
a40%
a75% a75%
22% 22%
Jan
10
Co
Oil
20%
1.05
—
a56¥8
*
25
25
Inc
Jan
27%
11%
11 % 11%
al3% al3%
11% 12 V2
al7% al7%
a27% a27%
23 % 23%
74
76
39 39 %
157%
*
•
*
_*
*
15
*
—
Company-—
9%
Get
5% May
a45% a48%
97
51% Mar
—
25
2.05
49 c
475
27%
Feb
1,051
2,288
al4%
,
Texas
a48 %
46%
60%
44%
59%
29% Mar
11
17
50c
Mar
47
—
•
1
10
*
*
1
Ohio Oil Company—,
9%
Apr
Pullman
50c
1
1
40
Apr
--
RR
North American Aviation Inc
6%
a3%
a63Va-a64Va
Oct
35
—
Nash-Kelvinator Corp
64
„
—
23%
•
& Co, Inc
Montgomery Ward
High
19
2.50
*
—
39%
Corp
a3%
1
Lane-Wells Company
Range Since January l
9%
1 ¥a.
10c
10c
1
Co
Shares
High
7 ¥2
6.66%
Kaiser-Frazer Corp
of Prices
10¥a
*
Inc common—
Petroleum Corp
for Week
5%
J
/
*
International Nickel Co of Canada—*
International Tel & Tel Corp
*
Kennecott Copper Corp
*
Libby McNeill & Libby
7
Loew's Inc
*
Sales
Week's
LOW
10 ¥2
1
Hunt Foods
Co
11
125
2 Va
5
Hotels Corp
Share
&
100
2¥B
5 ¥4
Corp
Holly Development Co
Hudson Motor Car Co
Corp
400
2,200
1
class A
(Del)
Co
13 ¥2
Great
(The)
2
General Motors Corp common
10
Gladding, McBean & Co—
*
Goodyear Tire & Rubber Co common—*
Hancock Oil Co class A common
*
Garrett
Oil
Zellerbach
Crown
16
2¥„
2o
——*
1
Steel Corp
Creameries of America,
(N Y)
Aircraft
Co
62%
2%
1
1
common
& Iron Corp com
new
Co—
16
*
Aircraft Company—
Cessna
Edison
900
13%
35%
1,575
Jan
10
3 ¥2
2¥a
1
2
1
*
Oil Corp
Store
California Packing Corp common
Certain-teed Products Corp
Bolsa
Corp
Jan
5¥a
2%
1
10
*
Co___:
Electric
&
41 ¥2
13%
Sale Price
Diamond Corp
Co
62
16
Par
Petroleum Company—
Co
Tractor
Curtiss-Wright Corp common
stocks—
Gil Co
Co
Service
3 ¥2 May
127/a
16% Aug
299
/
25
25
*
10
Co
Ry
34 ¥a May
7
13%
May
30'%
36%
5
15
5
(The)
Company
200
3%
Last
Basin
:
—
Borg-Warner Corp
Sen
Apr
Angeles Stock Exchange
Barker Bros. Corp common
Corp
Corp
Boeing Airplane Co
Bordon
Cities
19
Friday
Bandinl
Co
Bethlehem Steel
7 ¥2
3%
~3%
14
30%
^5%
12%
13
5
Works
Baldwin Locomotive
2,580
14
Apr
1,881
Jan
25
3
(The)
Co
5¥a
3 ¥2
1.35
Jun
Fe Ry—100 *
Santa
Corporation
Interlake
Los
Co
3 7 ¥2
13%
Oct
45o
10,450
32% July
5
&
Refining
Atlantic
3 ¥2
9
14
July
23c
10c
29%
14
50
Corp
(111)
Co
&
Atchison
Oct
2 ¥2
9 V8
3%
~9%
Julv
Sep
July
44,800
34%
100
5
37 ¥2
5 Va
59
33
48
50
Jun
Oct
15
18 ¥2
137/a
Apr
May
25
5
1
Screw Products
Wayne
Copper Mining
Armour
Caterpillar
1
class B
Viscose
Anaconda
Oct
13%
2%
1
50
»
1
common
Preferred
American
Jan
21 ¥2
460
25
5
Corporation
Udylite
Feb
18%
1%
.1
Brewing
Tivoli
21
Apr
13 ¥4 May
5¥s
4 Va
1
Superior Tool & Die common
Timken-Detroit Axle
Sep
13 ¥4
2%
a
&
14 ¥4
1,385
1%
25
*
*
1
2
5
10
1
1
Car
Motor
Packard
Smelting
100
18
8»4
11
40% oiuy
May
23 % Mar
209
Oct
46/
60 Vi
11%
Corp.*
•
5 ¥2
Bendix
1
10
Products
Screw
Masco
31% May
1,012
29%
25c
14%
7%
2V4
25% July
Jan
26%
—
Ltd—
Oct
15
1%
21 %
Feb'
7
3 '/a May
Stocks—
Jun
11%
1
Mach common
&
Development Co
3
21 ¥2
4%
17 ¥a Aug
Jan
14
657
1,400
Oct
/
10
19 ¥8
5
Jan
30% May
—
Inc
670
18
5
1
1
1
1
Lock & Mfg
Kaiser-Frazer common
Lines
Air
200
16
15 ¥2
20%
*
Feb
75c
242
-^—10
1
400
10
10
5
2 ¥2
0
Lamp
11%
668
Corp
Steel
States
Unlisted
Amer
Hall
22
Oct
1,238
237
Oil of California common
Union
Mining Stocks—
__1
Jan
6%
Sep
450
Imperial
Brewing
9
52 Vac May
1,800
32
1
6 ¥4
1,595
1 ¥4
1
Graham-Paige
Aug
27%
35%
50c
2
Transcontinental & Western Air Inc__5
Truax-Traer Coal Co
*
14 ¥2
500
4 ¥2
1 ¥4
to
Oct
38 ¥2
26%
Corporation
Jun
12 ¥8
4 ¥4
16 ¥2
4¥4
Sep
53 ¥2
Apr
t
26%
145
70c
16%
rcD
Feb
25
31a/4
Inc
iy8 Oct
11 %
4 ¥4
~6%
2%
Calif
of
Sun ray Oil Corp
12%
3
Jan
Apr
*>4 78
16
31%
*
•
Company
Standard Oil Co
26 Va
12%
*
Gerity-Michigan Corp
Goebel
Pacific
Bouthern
12 ¥2
3%
49
41%
Apr
26%
*
Southern Calif Edison Co Ltd com__25
4.32%
preferred
25
4.48% preferred
25
So Calif Gas Co 6%
pfd class A
25
20%
3Va
Jim
Oct
a#
1,180
22%
62%c
67%c
16%
1
Feb
21% Sep
34%
3,425
36% 37 Va
56
56
a30% a30%
20c
22c
—
Feb
2.05
Jan
Jan
36 %
38
5%
21c
2
Sinclair Oil Corp
26
--
Corp—
62 Vac
Jan
1.10
13 %
377
60c
22%
Aug
9 ¥2 Feb
5 % May
30c
Jan
31c
454
16 %
—
1.15
Jun
194
5
37
Jan
Jan
340
57 %c
16
__
Mar
5
Apr
12c
500
—
—
92 %c
850
5%
•
Petroleum Co of Calif
Signal
—
30
15
25c
Corp
Trading
22
Jan
95c
Apr
Mar
3% May
1,125
a37% a37%
20%
22
8%
8%
—
5
& Co
Oil
Union
Shell
—
1
Company
13% July
Gerity-Michigan Die Casting Co—
Name
Security
a553/8
95c
May
1V8
100
a38% a39%
36% 36%
a54% a56%
53 53%
—
May
48e
125
20%
Jan
270
Jan
27% Mar
May
2%
3
Jan
8
Apr
6 Va
23 ¥4
23%
1
—
Manufacturing class B
Gemmer
15 V2
65%
7 ¥2
1
Industries
Jan
21 ¥2
5%
1
Ale
Wood
2%
65 ¥4
8 ¥2
1
0
Prankenmuth Brew common
Friar
40
Jan
12% May
390
15
110 ¥4 110 ¥4
110 V4
—10
Inc.
Motor Truck
Federal
Sears Roebuck
1%
203/8
1
•
common
Safeway Stores Inc
Feb
30¥aMay
1
Corp
Products
Electromaster,
Feb
21 ¥2
1
5
20
1
1
Navigation
Iron
Detroit Gray
12"%
61%
10
*
1
Paper
Bros
Davidson
Feb
400
20%
19
Jan
70c
300
30c
1.65
*
1
2.50
Co
Ryan Aeronautical Co
Sierra
Motors
Detroit & Cleveland
5 ¥2
500
600
Corp
Jun
¥4
11%
¥4
Oil
Oct
36 ¥2
2
Richfield
3 ¥2
May
3
14%
5
Power
Continental
700
2
--
Chrysler Corp
Consumers
3 ¥2
Timber
&
Pulp
Sound
Republic Petroleum Co common.
Drug, Inc
Rice Ranch Oil Co
Aug
2
10
2¥s
Brown-McLaren
Burroughs
950
11
Manufacturing
Briggs
3 ¥2
35
11%
—1
Rubber
Baldwin
3 ¥2
Corp common
Corp—
Oil
2,150
30c
1.55
—
25
•
10
Rexall
High
LOW
3 ¥2
3 ¥2
1
Western
Puget
Range Since January X
Shares
High
Loio
Par
Products
Lighting
Pacific
for Week
Last
Aeronautical
Pacific
Sales
Week's
Friday
Sale Price
STOCKS—
common
7,000
1.65
25
&
Gas
1st preferred
3%
1.15
19c
83/4
100
1,770
a38%
Pacific
6%
3%
1.15
18c
8
—
Corp common
Co_,__,
70c
—
Pacific Finance
Oil
Oceanic
70c
18c
8%
1
1
10
Petroleum Corp
Occidental
85c
1 /a
—
1
1
1
1
Monogram Pictures Corp
DETROIT
Ford Building
85c
1%
1.70 July
May
260
3
a2Q5
High
Oct
11
a264%
85c
1
Co
Merchants Petroleum
Low
1.15
45
—
1
1,
Company
Manufacturing
Menasco
Chicago Stock Exchange
Stock Exchange
Oil
Mascot
Associate
Curb
Range Since January l
3,400
1-20 -1.20
al6% al6%
1,20
lOo
Co
Petroleum
Lincoln
High
Low
Par
New York Stock
35
STOSKt EXCHANGES
OTHER
RANGE
(1607)
FINANCIAL CHRONICLE.
—
10
5
*
__
—
—
12%
—1
10
—
a47%
57%
58
a55%a55%
22% 24%
al04%al06%
al39%al45%
22 % 22 %
24 % 24 %
3%
3%
a47%a49%
14 14%
25%
26
29 29%
9%
9%
a47%
a48
10
Apr
350
16
Sep
18 ¥4
Oct
2,052
12
May
22 ¥4
Feb
Jun
10%
Feb
32 ¥4
Feb
60
7¥a
252
23 ¥4
Oct
200
21 ¥4
May
601
4¥a
Sep
7%
Feb
75
227/a
Sep
30%
Jan
487
17 ¥a
Oct
26%
Feb
120
a—
27% July
a__
—
—
115
37 ¥2
Apr
44
Oct
270
53
Oct
60 ¥2
Feb
230
22 ¥2 Apr
1,155
28% July
10 ¥4
7¥a May
170
23 ¥a May
50
364
26
Mar
26
Mar
14
Feb
30% Feb
Mar
17% Aug
Feb
47
20
30¥8
98
31 ¥a May
31 Va May
53
37 ¥2 May
44
98
65 ¥t
1,606
Jun
78 ¥4 July
Feb
25%
16 V4 May
530
53 ¥4
47 Va
Feb
60% May
Sep
23
July
Apr
54%
Sep
18 ¥4 May
24 ¥4
Oct
93 ¥2
Jan
93%
Jan
305
19
Sep
27 ¥2 Mar
150
17 ¥2
Jan
24 ¥t
Oct
4%
Jan
1,515
110
87
a
a__
—
475
25/s May
—
75
43 ¥a May
59
Feb
270
137/a May
18 ¥4
Feb
460
177/a
26
Oct
480
22¥a May
110
95.
Jan
30% July
,
7 ¥4 May? as,
445/a M&yiiiaH
Tl.
imWi
13 ¥4
60
■'<
Feb
Feb
36
COMMERCIAL
THE
(1608)
&
FINANCIAL
CHRONICLE
Monday, October 20, 1947
OTHER STOCK EXCHANGES
RANGE
WEEK
FOR
ENDING
17
OCTOBER
San Francisco Stock
Philadelphia Stock Exchange
WeekV
Friday
Sales
Friday
Last
r<V\
1
■
Low
25%
—.100
Tel 81 Tel
157%
Locomotive
Wks
new
2%
Storage
General
Motors
Glmbe!
896
64%
62%
66
12
607
19%
54%
55%
Brothers
10
59%
-5
—
Lehigh Cbal & Navigation
Lehigh Valley RR
National Power & Light
.10
Pennroad Corp
25 %
-1
.
10%
200
%
Pennsylvania Salt Mfg common—
May
270
5%
.10
1,289
2,430
8%
2,795
46 %
45%
130
-46%
Jan
1%
Jan
Oct
,
51%
Salt
Dome
Scott
Oil
Paper
$3
preferred
United
Mills
Cotton
27%
29% July
Jan
Jan
Oct
17
10
July
58
41% Mar
49
Jan
460
10
10
45%
46
224
Feb
74%
50% May
4%
4%
2,959
2%
3%
479
46%
94
23%
795
Apr
4%
2% May
45% Sep
23
5
Packing
Preferred
20
Mar
53
24%
Sep
Jan
7
Sep
11
Jan
48
48
100
40
May
51
July
32%
32%
427
24%
53
*
Alleghany Ludlum Steel
Clark
(D
L)
35%
♦
Co
_—
Columbia
Gas
Duquesne
•-Colorado
Class
2.50
Fuel
&
—
cbmmohj.—^—^ "
Iron
Broadcast
System
B
&
Range
of Prices
Consol
Chemical
Ind
Vultee Air
Creameries
LOW
32% May
230
13
13
150
10
580
10
May
29
329
31%
'
Jan
12%
29
Port
10
Steel
Pitt Brewing—
Walker Refractories—
_
1
_
Star Gas
Mountain
Supply—
National Fireprooting Corp
15%
80
July
8%
8%
100
26%
26%
151
19%
Apr
Oct
26%
7% May
Jan
10%
Oct
20
19%
20%
2,114
17%
Jan
20%
13%
14%
728
12%
Sep
16%
Jan
6%
5%
6%
1,092
5%
Oct
10%
Feb
38%
39%
231
*
9%
9
9%
200
Apr
7% May
4%
4%
4%
360
4%
Renner
_1
1%
1%
100
1% Aug
—
Oil
&
Gas
14%
_1
_
23c
26c
25%
23c
1
—
Spring._
38%
—
1
Toy Mining
Steel
•
Westinghouse Air Brake
25%
60
14%
15%
32%
198
42%
Feb
9%
1
Chemical
Feb
Co
—
Plantation
Co
Tele
300 North 4th
Linen
Radio
common
Apr
101%
Oct
108
Jan
130
130
130
14
May
130
Oct
1.25
1.25
106
16%
16%
412
16%
Sep
32
Jan
16%
16%
16 %
660
16
May
32
Jan
8%
8 %
8%
1,525
6
May
11
Feb
40
40
261
40%
__
3/V
Stock
4%
Hale
Exchange
Hawaiian
Inc
Honolulu
Hudson
Oil
IXL
Kaiser-Prazer
17%
Langendorf
27% May
36% July
30% July
Mining
Leslie
——
c
Century Electric Co
Clinton
Industries
.Coca-Cola
Co.
&
§ Elder
Bell
1
7%
\ Falstaff Brewing common
(•General
(
■
Electric
common
Griesedieck-Western
:
■
Huttig S & D
Brew
common
_1
«Hyde Park Brewing common.—
Hydraulic P Brick common
£:
•
Preferred
:
International Shoe
£ Johansen Shoe
ri Key
Week's
Knapp-Monarch
common
Laclede-Christy
-a
common
Plantation
Meyer
t
Blanke
Midwest Piping & Supply common
Portland
Cement
Missouri
North
American
common
St Louis Public Service
Stix-Baer & Fuller
Wagner Electric
—
12%
—
—
(Un)
class A
common
common
For footnotes see
page 42.
Jan
Jan
6% July
65% Feb
Jan
52%
19
Jan
28%
Feb
27
27
185
24% May
35
Feb
27%
28
210
26
May
34%
Feb
35%
Jan
May
23%
23%
24%
1,495
22
Sep
92
92
92%
80
92
Oct
11
10
11
1,925
21%
24
410
20%
20'/a
295
1.05
1.05
1,100
50
1,434
103% Mar
9% July
11
Oct
29
Feb
Apr
25%
Feb
May
1.35
Jan
100
13%
100
6%
6%
65
33
33%
25
18
Oct
1
12%
•
a31 %
24%
7
1
Co common
*
1
Calculating Machine
5
10
Inc
Co common
American
c/o
1
10
Invest
1G
Cons
Petroleum
18%
110
19% May
12% Jan
6% Aug
15
Jun
May
Hiah
Oct
22
14% May
7% Jan
36%
20
Feb
Oct
12%
355
7%
Jan
12%
39
300
35%
Apr
39% Mar
34
34
100
25
Jan
35
50
14
Oct
Jan
21
Oct
Apr
30
—
—
32
28%
36%
37%
125
32
58%
60%
283
51%
31 Va
31%
25
26% May
37%
37%
60
37%
14
21%
150
25%
Oct
44
44
May
32
Aug
Jan
29
Sep
4%
225
37%
Jan
200
4%
Sep
9
100
6% May
10
July
12
Feb
10%
100
9
16%
May
16%
17
315
12
Jun
28%
28
28%
632
21
Jan
17%
18
875
15
July
14
14
30
14
19%
19%
55
18
25
23%
24%
87
50
7%
7%
100
14%
14
54
!
900
55%
929
Apr
Feb
36%
36 %
36 %
140
33
38
Sep
13%
13%
13%
348
12% May
30%
32'/a
496
29%
a27
a27
1.60
1.60
—
15
a27
1.60
15%.
10
1.25
Apr
3 % Jan
Apr
15% Oct
1,620
12%
12%
625
1.60
1,600
12
30
75
75
25
36 %
38
2,058
30c
800
30c
27% Oct
12%
12
12
Feb
40%. Mar
300
1.60
37%
17%
Sep
23% May
1,100
11%
12%
Aug
14
Jan
Jun
1.70 Aug
14
Feb
1.55 Sep
10
Feb
13%
9% May
11%
Oct
70% May
78%
Feb
24
38
Oct
60c
Feb
27c
May
Jan
29%
Oct
31% July
11
Feb
13
120
7%
Jun
15%
100
7%
Jun
12 Va
Jan
6%
6%
640
5%
Sep
9%
Feb
38%
39%
2,840
34%
Jun
42 V2
Jan
36
37
1,664
36
Oct
41% Mar
6%
36%
•
a55%
41
13%
—
—
100
Phillips Petroleum
*
*
Co
54
62%
Apr
13%
297
12%
408
24%
Oct
98
98%
Oct
Feb
15% July
Feb
Feb
25
57
28%
Aug
129
Feb
57
Oct
May
78
Feb
Jan
92
145
26%
170
65
a62
50
37%
38%
2,276
28%
29%
500
18% May
29%
Oct
36%
37
536
35%
Jan
38 Va
Feb
21%
21%
100
10
Jan
21 %
22%
23
Apr
25%
16 %
1,485
1,162
19%
15 %
38%
578
57
a60
*
Puget Sound Pulp & Timber
268
13%
Jan
a72% a73%
98%
10
common
a54% a56%
24%
41
Pacific Western Oil Corp
Co's
—
25
Pac Tel & Tel common
Paraffine
—
5
25
Rayonier Incorp
common
1
25
;
Preferred
1
1
•
1
Republic Petroleum Co com
Rheem Manufacturing Co
OH Corp common
Roos
Bros
;
10
5
10 pesos
36
37%
360
56%
Oct
63 % July
25%
Feb
38% Aug
22%
Oct
Feb
14 % May-
17
July
37%
31
47
Jan
Sep
18%
18%
150
15% May
21% July
23
22%
231/8
26 %
10c
37 %
30%
12c
1,070
73,900
20% May
12c
37%
509
30% May
30%
205
25% May
__
•
15
Soundview Pulp Co
5
preferred
preferred
30%
32%
3,580
27% Aug
27%
557
27%
Oct
29%
30%
518
29%
Jun
32'/a July
45%
46%
925
35
Apr
47
24
12
1.00
24%
375
17%
Jun
24% Oct
12
280
9% May
15% Jan
1.10
2,025
58%
60%
2,417
51% Mar
62% July
20
20
100
32
Feb
24%
Oct
15%
Jan
32%
—
Southern
Pacific Co
•
46%
Sperry Corp —
Spiegel Inc common
1
2
•
—
•
60%
18
Oct
Sep
17%
Valley
Ltd
Co
Standard Oil Co of Cal
Super Mold Corp capital—
Water Associated Oil
22%
Feb
23%
Oct
33*%
Jan
7
Sep
10%
Jan
—
—
10
—
10
24
1.00
Oct
22%
24%
3,508
14,015
1.25
18% Aug
18% May
10% May
Jun
Feb
Jun
Feb
Mar
Jan
Calif Edison—
Southern
Spring
July
27%
30%
__
__
Jan
17% July
28% Oct
20c
May
40% July
33% July
32% Oct
Sep
7%
9c
—
Sears; Roebuck 8s Co capital
Tide
.14%
July
10%
20
8
preferred
4.48%
4%
55%
38 %
8% May
10% May
15%
1st preferred
Feb
42%
5
20
1,360
1,151
8
Coast Aggregates
4.32%
4%
15
37
15%
5
Jan
9
19%
Jan
9%
5
Co
Oct
Oct
25
30
35
37%
Oct
1%
*
20% May
33 % Mar
24%
170
Safeway Stores Inc common
San Mauricio Mining
24%
•
Jan
320
24%
30
S and W Fine Foods Inc
15
10%
Oct
34 %
12%
Feb
8'3
41
13%
27% May
12
Feb
240
4%
5% May
25
30
Feb
32
__<■
16,530
12
36%
27
27%
1,400
13%
30
65%
2%
27%
Feb
79c
12
a31% a31 %
41
39%
31
27%
1.45
Jun
Jan
Oct
15
Jan
26%
1Q0
70c
Oct
12%
Feb
Sugar Plantation
May
4
25
10
16%
1
class
Shell Union Oil common
2%
30
29
Aug
28%
60
12%
May
Jan
12%
21
12%
July
21%
15% May
A
Filters
Utd
Can
1st
38
21
14
457
9
—
100
Oil
52
Apr
330
23
15%
9%
100
com
preferred
American
39%
21%
37
10
&
17%
95c
77c
P2
A
Pacific Lighting Corp common
Pacific Public Service common
26%
—
class
Bk
48%
20%
22%
21
1
Oliver
Range Since January 1
Low
22
50
23
*
6%
High
1.05
common
Corp
& Frank Co
Richfield
——
1
*
4%
Feb
8
SL 593
5
common
200
885
15
Co
Occidental
7600
Teletype
20
;? Laclede Steel common
5%
1,668
J
5 %
100
1
:
—.
92%
5% Mar
5
22%
•
Co
H)
(R
North
Sales
13%
•
common
common.—
common
*
5
-
71% May
200
60%
6.66%
Pacific Gas & Elec Co common
22
•
10
(new)
9%
59
7
59%
Natomas Company
Exchange
Low
1
(Un)_;
General Motors common (Un)
General Shoe common.
May
i a 78%
7
20%
*
Co
common
Utd
Salt
Paauhau
Shares
6%
1
common
8'/a
a77%
60
National Auto Fibres common
for Week
33%
10
Bottling
Mfg
Oct
25% Aug
17% Mar
22%
New Park Mining
Range
5
l
common—
-
*
Marchant
1871
of Prices
3
common
—
0
Libby McNeill & Libby
Aircraft Corp
Meier
Associate
15
common
Jan
3%
5%
a77%
•
Corp
Inc
Oct
CEntral
1
common
Oct
49%
7%
1
1
Motor Car
Foods
Hutchinson Sugar
Phone
Par
Mfg
1,249
41
2.30 Aug
•
Pineapple Co Ltd
Feb
22% May
Sale Price
Bldg & Equipt common
84
•
*
Stores
Bros
Sep
266
Last
Bank
21%
Jan
32% May
742
3,450
100
Jan
St., St. Louis 2, Missouri
Friday
IBurkart
23
1,470
x>
J
21%
*
preferred
25%
282
Exchange
stocks—
<Brown Shoe
41
40
3%
41% July
Aug
•
*
Golden State Co Ltd common
29c
29%
Chicago Board of Trade
common
39%
39%
38
10
common
preferred
Apr
36%
St. Louis Stock
Inv
1.40 May
1.20 Aug
16%
Pacific
i, American
__
5
2
common
Gladding McBean & Co
Jan
11% May
Exchange
!
107
5
10
Corp common
General Paint Corp
North
Stock
common
Oct
25%
112
Paciifc Amer Fisheries
Co
Jan
34%
605
1,204
102
Pacific
Aloe
23%
11% May
16
34%
2%
common
Service
2
Members
S
Feb
33
20
Corp
Kleiser
&
capital
&
Machinery
Foster
10c
34%
Established
A
Oct
17%
15%
1
22%
18,584
Edward D. Jones
Curb
Jan
44
101%
...»
Morrison Knudsen
Louis
32%
Apr
34%
15%
*
common
Corp
Menasco Mfg
York
Apr
12% May
•
Magnavox Co
St.
166
*
Co
Hunt
St. Louis Listed and Unlisted Securities
New
309
'
Oct
Jan
101%
•
Macy
Chicago Stock Exch.
44
14%
'
30%
*
2
Mfg
5% July
Sep
28%
36%
-12.50
York
17
29% July
25% Sep,
Jan
5
common
Corp common
Lockheed
New
44
14%
Oct
Jun
Jan
Apr
29%
34%
Class B
Westinghouse Electric Corp
66
56c
30
,
Oct
14%
10
Shamrock
"17%
10
—
General Motors
32%
Jan
Pittsburgh Plate Glass
Pittsburgh Screw & Bolt Corp
Pittsburgh Steel Foundry com
Ban
850
a29 % a29 %
1
Holly Development
Standard
•
20% Apr
Feb
1.65 Aug
Jan
57c
.
Oct
31
.10
-
Co
16%
*
Di Giorgio Fruit Corp class A com
Class B common
Galland
-5
—
May
30%
Cypress Abbey Co
Oct
13
12%
23% May
8%
10
—
Fuel
2,000
52
Greyhound Corp
Lone
1.40
1.40
25
;
Feb
48%
26%
*
Harbison
63
25
of Amer Inc
preferred
2nd
Follansbee
55
50
a27 % a27 %
A—_
Preferred
Food
High
12%
—
52% Mar
a27 % a27%
•
class
Oct
Jan
16
10
2%
Corp
Zellerbach
Crown
Farnsworth
Range Since January 1
31%
5
_
_
Shares
High
13
•
Electric
32%
Apr
53
A__2%
cl
,
Commonwealth Edison
Ewa
12%
.
Brewing
1.40
Emporium Capwell Co common
Sales
36
9%
a57 % a57 %
—
a57 %
Eureka
for Week
34%
-
——50
——-—
El Dorado Oil Works
Pittsburgh Stock Exchange
Low
190
*
Chrysler Corp
Dow
Sale Price
9%
Oct
common——*
Corp
Caterpillar Tractor Co common
—•
Central Eureka Mining Co common—1
Doernbecher
Par
5% July
Feb
3% Jan
46%
stocks—
JUn
22% July
70
May
7% May
20
Week's
4%
17
Jun
Last
604
16%
Jan
Friday
5%
5%
5
Ink Co
Columbia-
21
23%
4%
2
——
10%
Sep
23
13%
9% Mar
Jun
Oct
26%
5
...
Gas Improvement
Apr
56%
705
2%
9%
45 c
427
1
100
949
972
part pfd —25
Co
California
2nd
Transit Investmt Corp 6%
United Corp common
9%
500
29%
54%
9%
2,177
32%
54%
Oct
1
—
66
24%
•
10%
192
22
31%
•
10
100
45c
28%
•
Oct
250
10%
21
23%
—.1
Corp.
common
Oil
California
Cons
Sun Oil Co
260
6% May
250
10%
45c
Jan
32%
Jan
Jan
100
62%
29%
19%
940
8%
Oct
Jan
36
12
Apr
22
32%
19%
8%
8%
28%
45c
.23%
-50
1,164
10c
•
Reading Co
32%
135
Jan
Clayton Silver Mines
3
_•
Philadelphia Electric Co common—
$1 preference common
Philco Corp common
32 %
32%
High
7
Sep
125
Clorox Chemical Co ———3%
Feb
27
38% May
25
1%
Feb
22 %
■
125
100
Jan
7%
18 % May
,17%
Feb
12
Jan
6%
17%. 18%
Aircraft Corp
California
% Aug
19%
18 %
•
Beech
Oct
9% May
4% May
125
■
39% Jan
Low
9
20c
Oil
Bishop
Range Since January 1
High
9
20
2.50
Natl Assn
Basin
65% Feb
5%
150
Calif National Bank
Atlas Imp Diesel Engine
Jan
57%
Jan
18%
•
Pennsylvania Power & LightPennsylvania RR
1
24%
Jan,
17
526
6%
%
——
11%
5%
Sep
51%
Low
100
Assn
Anglo
12 %. Feb
47
154
6%
.50
—
Oct
66
18%
1,435
Packers
Bank of California
Sep
Shares
50c
Ccrp
Feb
15
6% May
157
60%
Mfg
Alaska
Feb
Apr
24 V* Feb
May
56%
1,175
56%,
59
24%
BatteryCorp
9
Aircon
24%
Oct
16% May
705
11%
19
13%
Delaware- Power & Light
21%
174%
for Week
of Prices
Par
High
28% July
May
14b 7a Jun
200
12%
11%
com—
Publishing Co..—
Electric
18%
11%
12%
23
50
21%
177/a
*
Chrysler Corp
1,567
21%
.13
v t c_.
Budd Co
495
155% 157%
Sales
Range
Sale Price
stocks—
Range Since January 1
LOW
25%
Exchange
Week's
Last
High
25%
5c
Co
Baldwin
'
Shares
•
Autocar
Curtis
of Prices
Par
•
American Stores
American
for Week
Sale Price
stocks—
Range
.13% May
33
May
18
•
55%
Union
Class
Oil
Co
A
Jan
United
of
Air
:
common
Lines
Corp
;.U 8 Steel Corp common.—;
Universal
Consolidated
Oil.
12%
11%
25
Calif
preferred
Union Sugar
Oct
2
Transamerica Corp
12%
23%
23%
23%
622
20
Apr
-41
12%
10
99
99
99 1
20% 20%
22% 22%
72% -75%
10
99
Oct
634
•
—10
—
—
—
39
39
39%
610
„
18% Aug
19
Aug
826
62,
235
24% July
103% Aug
23% Apr
28% Apr
78% Feb
24% Jan
May
39Va Sep
4
($0
■v.
•Volume
166
Number 4639
THE COMMERCIAL
CHRONICLE
& FINANCIAL
(1609)
37
OTHER STOCK EXCHANGES
RANGE
Week's
Friday
-
Par
•
Wells Fargo Bank & U T
Stores
Pacific Railroad
Western
Yellow Cab Co
Shares
308
26
__.50c
High
303
26
200
23
Sep
20
308
STOCKS—
Range Since January 1
Low
-
20%
858
17% May
85
32
July
1,810
9
Apr
Low
25
*
com
aSO1^'
a30% a32 %r
12%
i
282% May
330
Jan
Hupp Corp
34%
Jan
Idaho
23%
Jan
International Nickel Co Canada:
39%
Jan
International
Corp
&
_
~~
13
Smelting
&
San.
Refining
29%
350
Oct
3%
25
3
May
26% May
11
150
9'/zMay
15%
_I
3%
28%
11
II
•
American Tel & Tel Co—_
29%
185
28%
20
I_*
Light
American Radiator & Std
American
29%
i
Power
Corp
Mines
Mary
13% Aug
Johns-Manville Corp.—
15%
640
11% May
66 %
157
1*55% 155%
__*
1,170
66%
100
53% May
151
May
29%
Feb
—
a5
3%
30
1,900
29%
13
195
500
270
28 Ve
17%
Feb
41
Sep
44 %
July.
230
43%
Jun
49%
Feb
342
19 % Aug
25%
Feb
17
Oct
26%
Feb
Sep
38% July
a44% a:46%
46%: 46%
a45%
—
20%
*
Inc
Range Since January 1
High
20%
Low
35
Feb
17
Matson
Feb
66%
•
Inc
Robbins
&
M
&
&
M
.
Cement
9
com
87c
Feb
—
10
preferred
Montgomery Ward & Co
1,140
62
106
•
17
—
__
a58%
7
Jan
3%
Feb
Sep
9% May
1,200
30
7%
7%
a58% a59%
__
17%
a36% a36%
20c
20c
3%
3%
17%
1
cons
Portland
Monolith
Oct
174%
J
M
18
Navigation Co
McKesson
Feb
16%
High
Jun
36%
Jan
4
2.80
Oct
5%
Co
Tel
&
Corp
Shares
29%
1'2%
2.95
29%
-•
Tel
Sales
for Week
a5
2.85
—
•
:•
_•
Loew's
♦
American Factors Ltd
American
1
1
—
of Prices
Low
Par
High
Unlisted SecuritiesAir Reduction Co
Alleghany
Sale Price
.
Kennecott Copper
Co
common.
20%
Week's
Range
Last
for Week
of Prices
l
Western: Dept
17
Friday
Range
Sale Price
100
__
West Indies Sugar common.....
OCTOBER
ENDING
Sales
Last
STOCKS—
WEEK
FOR
33
100
Feb
Feb.
23c
15c
May
3
Mar
3% Mar
Jun
7% Mar
6%
50
64
Apr
14
May
Feb
19%
Feb
.
American
Viscose
Corp
American Woolen
Co
Anaconda
Co
Mining..
(111)
Atchison Topeka & Santa Fe~__
Atlas
Corp
Avco
&
Manufacturing
Baldwin
Aviation
Berkey
35%
36
14%
15%
170
69
May
23
23
23
194
23
Oct
534
5%
5%
1,256
4% May
65
16% May
18%
a
18% al3%
a
100
common
13%
Co-___
24%
16%
115
22
Mar
32
28
May
38 %
__l
1%
1%
1%
2,500
1
Sep
2%
92%
92'A
165
78% May
92 %
5
10,543
5%
4%
a22%
a21% a23%
a45%
a44Va a45%
18 '/a
109%
a
•
16
Jun
May
30
109%
al2
9
608'
Feb
1
a9%
a9%
alO
7
May
10%
Feb
10
a25
a23%
a25
Oct
32%
Feb
-100
21%
20%
21%
650
14
Ohio
23
_-4—.
Co
Finance
Portland
Packard
Motor
American
Pan
Park
Co
Utah
Natural
Gas
Co
15
Continental Motors Corp
Continental Oil Co (Del)
Crucible
Steel Co
of
14%
Feb
54%
JaD
Mill
Pioneer
39
Pullman
America
July
Radio
Corp of
Radio
Keith
820
2% May
25%
25 %
665
24% May
29%
Feb
44%
Jun
49
May
12%
Feb
Apr
48%
Oct
24 Vo
Jun
36%
Feb
May
12
Feb
200
a48 % a48%
80
Apr
12%
Oct
26% Aug
3% Jan
Orpheum
38%
200
30%
11%
12
480
5%
6
2,488
4Vb May
26%
920
21% May
27
a45 a45%
122
43 %
47% July
•
General
Food
Goodrich
16
Jan
Texas Company
Feb
United
Feb
26
F)
25
14
13%
27%
14
Sep
10% May
So
Ed Ltd
Cal
Co
375
37%
974
a3JVa
a37% a39 %
172
39%
Jun
Goodyear Tire & Rubber
common
a58%
a58% a58%
40
50 %
Aug
55%
37'/a
•
46 %
Great Northern Ry non cum pfd
Hobbs Battery Co class A
Holly
32% May
1
Honokaa Sugar Co
2,555
306
43
39%
Jun
60%
Brands
Oct
150
25
50
7
7
115
5
4%
4%
100
3
36
May
Montreal Stock
Friday
Sale Price
Par
$1.50
44
5%
Western
of Prices
Shares
class
Teleg
4,687
21
20%
Aluminum
Co
of
Can
4%
pfd
WEEK
ENDING
OCTOBER
Range Since January 1
14% May
A
22
Jun
50
3,840
25%
50
July
Oct
103% May
9% Oct
22 %
106
9%
Jan
47
&
Pap class A
Bridge
220
25 %
642
630
192
25%
Mar
220
Oct
27%
Feb
11%
25
10
Jun
12
23
51
Oct
6%
6%
7
4,910
85
40
75c
tJc
700
75c
26'A
25
26%
700
26
Bell
Telephone
Rights
Brazilian
British
Trac.
100
Light & Power
American
Bank
British Columbia Elec 4%
British
Columbia
Forest
Co
pfd
20
21
Products
Canada
5%
,
Steamship common.-.
preferred——t-*.
Canada
Breweries
5
4
11,600
156
9
2%
2%
1,000
22
Oct
Oct
9%
Mar
6%
98
29%
♦
May
23%
;
^
Canadian Car &
3 >4
Oct
May
Oct
Oct,
23% Jan
23% May
103
Aug
;
,
Canadian- Celanese
$1,75 series
3%
Feb
22
80
20
Aug
29
310
28
May
32% Feb
19 Va
2,120
17
May
Canadian
1,260
30
Oct
31%
Jan
A
Jun
60c
5 %
5'A
a26
29 %
Jun
41
41
375
41
Aug
50
Week's
5
76
July
80
Oct
Sep
Sep
27
23%
25%
50c
9,099
30,384
22%
19c
40
40
1
13%
12%
13%
975
12
16%
16%
17
155
16%
39%
Oct
58%
Feb
-Glass B
25
Jan
30'A July
Feb
May
13
Feb
44
May
62 V*
Jan
Sales
Shares
Low
Range Since January 1
Class B.
45
Mar
Feb
19%
10
27
Oct
10
25
10
Oct
19'A
19%
2,060
14 Vo May
20%
Oct
31%
32%
1,270
30Va
37
Feb
16%
17%
745
17%
Oct
9 %
9%
30
29%
29%
25
19'A
—
29%
34
57%
58%
322
56
39
20
39
Aug
42%
Jan
14
14
1
14
July
17
Sep
Mar
14
Aug
11
Feb
28
July
33
Jan
Jan
8 V8
34
25
34
Oct
42
37
37
75
36
Jan
38% May
14
15%
26%
24
26%
27
2 7'/a
27
34
2,880
12% May
18%
Feb
2,010
21% May
26%
Jan
Donnacona Paper
Dryden
Paper
class
Co
pfd
A
Famous
Corp
Canada
Players
Foundation Co
Gatineau
Power
255
102
July
31
31
1,380
17
Jan
31
19
19%
125
19
Oct
21
17
17%
340
15 3A May
18 %
16% Aug
July
19%
Feb
26
Jan
—
18
1,835
23
23
75
19
Howard, Smith. Paper
17
Apr
30
109
Feb
111% May
31
110
Jan
111% May
3%
Industrial
Smelting
4%%
Corp
300
3% May
Sep
18'A
Jan
52%
Oct
55%
Jan
.13%
810
13
May
16 %
Jan
7%
7
7%
282
31
30%
31%
1,815
42%
41%
42%
13%,
13%
14 Va,
13%
13%
665
2,788
6'A May
;
24
.
July
40% Apr
12%
Jan
preferred
Canadian
12
12
5
12
May
32%
32%
110
30
Apr
14%
14%
445
14%. 14%
75
11% May
11% Apr
Oil
Cockshutt
Plow
Companies
Canadian Pacific Railway
:
Consolidated;
Consumers
For
Glass
footnotes
•
& Smelting
25
*
;
see
5
14%
23%
26%
1,277
22%
15
15
105
14%
88%
3,458
14
14%
11%
*
Mining
Feb
15% Juljr
15% -Apr
Jan
Jan
Oct
100
Mar
22%
Oct
26
Jan
35%
Apr
38%
Jan
32
Sep
37%
Feb
25
22%,
22%
23
3,575
6%
36
36
10
33%.
33%
34%
1.672
61
60 %
62
5,935
41
May
-•
12%
12%
13
1,655
46
45
46
600
14%
14%
14%
750
135
135
24
24
♦
.
:—25
preferred
international Nickel of Canada
67%
Feb
Petroleum Co Ltd
International
Power __1.
International
14
38%
Mar
Feb
16%
Jan
16
Jun
Jamaica
7%
Public
Service
*
10
11%
100
87%
88%
1,297
39%
39%
65
Apr
Sep
11 % May
11%
Oct
78% May
39% Oct
Ltd....—
preferred
Labatt Limited
the
:
39 %
Jun
12%
Sep
39
Sep
11%
Jan
62
16%
&"Sons Ltd
Woods
Oct
Feb
Jan
Feb
Lewis
common
14 %
139
Oct
Mar
26% Mar
Jan
33 %
34
55
33
Sep
36
20
33%
(John) class A.
Laura Secord
15%
Sep
23% May
20
Jan
20
35
19 %
Apr
21%
Feb
1.7%
25
17%
Oct
21
Jan
Jan
18%
135
25
46
17%
of
37
-100
(John)
Lake
14% Feb
Bros
Lindsay
89 %
Feb
6%%
43
Feb
London
Hosiery
—
.'ivA ^L*-:
Mills Ltd cJass.'A
16%
Feb
15
15
75
14%
Sep
10
10
19
10
Oct
15
Jan
120
120
4
110
Jun
120
Feb
.15
15
100
15
Oct
15
Oct
xl4%
xl4%
Ltd.
(C W) common——v—
-preferred
L__
_irl_ __100
page 42.
•45%
r;
:
Oct
13%
280
96
—
Feb I.
30 %i
656
38%
*
100
A
9%
31%
96
14
38
96
•
class
Jan
14%
175
13%
13%
.
5%
285
52%
14 Ve
*
9
*
common.
—
Accep
4
15
52 Va
15
52 %
.
«
July
1,040
50
*
*
1927
20 %
19
—*
(Gypsum Lime & Alabastine
.Hamilton Bridge
..
23
110 110%
19
110
*
—
Oct
Jan
July
109 % 109 »/2
*
100
100
General Steel Wares common
106 3A May
1
17%
pfd inc
May
Oct
102 102%
31
18
_•.
Goodyear Tire A%
107%
102
23
General Bakeries Ltd
<30
Jan
2,531
*
com..
preferred
% r/o preferred
Jan
95 107%
Corp—.—•
of Canada
5%
'
Jan
25%
92
775
107%
100
*
20
1
4%% pfd
Paper
Electrolux
30% May
25%
250
27
•
common
Jan
Apr
12
26%
13% Mar
15
Jan
14%
•
Jan
27
10
*
ctfs
Textile
Lang
Locomotive
31
27
25
B
International Bronze common
14%
32%
•
Canadian
High
Low
High
Oct
Sep
•
,
Sep
7
%
50c
May
9
___9
„
. Canadian) Foreign
Investment
|,t t Canadian; Ind Alcohol mass A
Sep
Jan
'
|•;'
Feb
July
5%
for Week
imperial Tobac.co of Canada common.5
39
14
Jan
23'%
Range
Mar
80
Aug
Oct
17 Va
of Prices
Chemical common..*
&
Tar
Voting trust
Imperial Oil Ltd
80
8% July
13-
24'/a
*
class
Hudson- Bay Mining &
80
24%'
3% May
'25
435
12
371
a9%
a47% a48%
May
3
812
a26
5%
9
—
17%
41
pfd—.20
25c
20
11% Jan
200
25
Converters, class
993
23% Jan
29 %
29%
33c
9
common.'
40c
—
4%, Feb
29% Jan
530
40
v
36c
Feb
18'A
9
Steel
&
.International Paper common
J
Sep
*
Glass common
Dominion
5
Anr
25% July
2% Jun
14
a
Foundry common..
Id
.20
13%
Feb
6
11%
50
Class A'—u_i.—
19%
191
11%
Canadian Bronze common..--
\
20
100
Oct
Oct
13%
13%
•
4%
Feb
30%
*
Rights
482
25
preferred
preferred
Dominion
Jan
30% Feb
18%.
•
4%
14%
Feb
2
May
22
19%
100
May
13%
17
*
common
Dominion Stores Ltd
Feb
30%
•
.....
200
27
Wire # Cable,Co Ltd class A_9
.Canadian
2,989
20
100
3%
•
preferred
Canada Northern Power Corp—
21%-
26%
•
$1.30
165
100
28
Canada Cement common
1,555
43,919
•
Building Products
'!"•
19
A.*
Mills.
Silk
6
1,300
19%
100
Columbia Power Corp class
Class > B
A
i
Briick
4%
21
9
22%
165% 170%
5%
•
Note
British
,
170
9
...
22
3%
32%
Foundries
7'r
52% Mar
85
24%
64% July
Sep
Oct
51 Va
6% May
78% Aug
16% May
53%
14%
.
Dairies
Dominion
Oct
51
22%
63% Mar
__
•
Dominion
Oct
11%
•
465
1,155
1,427
428
500
Sale Price
class A
Ltd
Co
Dominion
Feb
75c
Pow
a76
22%
58%
24'/a
3%
Feb
Mar
22 %
58
24 %
3%
23% Mar
51 Va
85
164
a75%
34 Va
17
Dominion Coal
Feb
43"%
47
39% Mar
35
Jun
a28% a28%
__
*
B
Dominion
Feb
17 % May
104
Oct
Jun
30%
July
High
.21%
19%
9%
36'A
17
a75%
1
Distillers Seagrams
36
104
50
16% July
Mar
*
Leather
Class
270
9%
542
36%
Sep
May
14
Last
Low
42%
32 'A
Apr
14
MARKETS
LISTED
FOR
210
210
32
Jan
Eddy
Bathurst
35
36%
4%
4,510
•
25%
1,445
1,252
Apr
37
100
Aug
Feb
16 %
16%
a9%
21
Warrants
14% May
18%
16%
16
a9%
a48%
9
Asbestos Corp
40 %
95
1
10
50
Argus Corp Ltd common
4%.% preferred
Aug
470
Willys-Overland Motors
Woolworth (F W) common
19%
9
Feb
40 %
35
Jan
37
25
Amalgamated Electric Corp
Anglo Can Tel Co 4%% pfd
Feb
30%
17 %
8%
19%
•
—
Fen
15%
17
Feb
Dominion Steel & Coal
Aluminium Ltd
10%
Sep
5
common
Oct
Mar
May
7% May
10%
a28%
1
Union
a4l'/a
12%
58
28% July
23
28%
STOCKS—
High
18%
46
645
40
29
Davis
Low
•
Jan
21% May
807
410
29'A
6% May
54%
140
9
12%
29
for Week
18%
9
26%
8%
11
28 %
a41.,/s
Par
18%
100
common
70
Westinghouse Electric Corp com—12%
•
preferred
Agnew-Surpass Shoe new
Algoma Steel common
180
Jan
5
Preferred
Julv
20
preferred
12%
__
1
25
5
Co
Petroleum
Westates
Sales
20
preferred
$2.50
Acadia-Atlantic Sugar A—
Feb
33% July
43% Oct
Friday
•
com
26%
25 %
*
■
Corp
Sugar
Exchange
Week's
Range
Last
Paper
17% Sep
37% May
25
Inc
common
Canadian Fundi
&
1,091
320
392
Oct
RANGE
Power
18%
30 '/a
43%
25%
19 % Mav
CANADIAN
Abitibi
Jan
36%
*
common
Aircraft
Utah-Idaho
Feb
5%
39 %
7
2u
STOCKS-
4%
16%
16'A
Sep
3 % May
25
*
Oil Co
5%
39%
*
46%
5'/a
5'A
1
common
2 % May
35
25
preferred—_
Warner Bros Pictures
Graham-Paige Motors
700
17%
15
67r
Standard Oil Co of N J
39% Aug
9
common
2%
26%
•
•
common
So Calif Gas Co
Sep
*
Corp
iB
Feb
Jan
10
__
•
Studebaker Corp
6%
Feb
15
30%
50
Cement
7%
Oct
Sep
17%
29 %
__
•
10
Co class A
Cruz Portland
Santa
Standard
General Electric Co
Sep
9%
43%
__
1
j.—
Republic Steel Corp common
Reynolds Tobacco class B__
30 V2
1134
5
Oct
21%
26%
•
Socony-Vacuum Oil
7 Ve
18
8%
a45
Electric Bond & Share Co
♦
Sinclair Oil Corp
a49% a51%
8%
•
4%
July
125
SeD
7
lOVe
Sep
20
Jan
382
12%
America
3%
25 %
Kodak Co
.
250
__
*
21% May
1
Dominguez Oil Co
Eastman
1,470
21%
Jan
13
106
a53% a53%
20
Co
85
9
0
5%
Sep
Sep
10'A
18%
Inc
125
1
Curtis Publishing Co
Curtiss-Wright Corp
45
6%
2%
50
33 %o
25
Pure Oil Co common
3%
5
125
20%
100
580
5
1
Pennsylvania RR Co..
12% al2%
a
a51%
19
27% July
,
a22% a23%
10%
a23%
1
Pepsi Cola Co..
Phelps Dodge
Corp
Feb
Riverside Cement
Consolidated
5%'
20%
10%
.
5%
2.50
Mines
Cons
318
Jun
Oct
25%
Apr
4
18'A
125
•
common
Airways
Pictures common
24
123
18%
-100
92
325
Oct
22% Feb
May
18
20%
__
10
com
.
15% May
27
5%
__
10
Cement
23%
18
—
20
Corp
Preferred
Feb
112%
Jan
Sugar
Pacific
165
27
__
*
al8
Jun
Sep
Va May
26
20
-
Pacific
18% Mar
42% May
118
Co
Paramount
40%
common
Ltd
Sugar Co
Oil
Olaa
a23% a24 %
12%
•
Y
40%
95
a37% a407/a
a24'/a
Apr
14'/a Aug
82
a44% a45%
a40%
a
190
100
all%
12
9
18%
3 'A
103% 105%
a45%
*
N
22
Northern Pacific Railway cap
Feb
10
of
May
Co
Oct
4
25
Co
12
Jan
pfd '27___100
RallWai
25
.
23%
715
135
5g
American
Feb
California-Oregon Pr 6%
Southern
17% May
15%
North
Oct
735
13'/a
5
Columbia Gas & Elect
Commercial Solvents
995
14%
Aviation
Feb
32
2%
Cities Service Co commor.
22%'..
15%
RR
American
Feb
35
I
Chesapeake & Ohio RR
21%
•
Oahu
32
15
Consolidated Edison
Jan
33
•
& Sullivan
Commonwealth' &
96%
al7%
22%
capital
Central
Y
North
25% July
7% Feb
3434
5
7% May
Feb
a
Corp.:
Pacific
295
41%
al7%
•
N
15% Mar
May
3
Co
Hill
lO
5
Boeing Airplane
Borden
49%
8
National Distillers Prod
—
Oct
28% May
31% May
1,260
a83 % a85%
a__
a—
515
14%
100
Bethlehem Steel common
Blair & Co Inc capital
Bunker
10
1,010
35 %
13
& Gay Furniture
Canadian
49%
5
Locomotive..
Bendix
48
50
•_
Baltimore & Ohio RR
Barnsdall Oil Co
a55% a55%
>
!..
Copper
Armour
14
4
com
Nash-Kelvlnator Corp
i
38
THE COMMERCIAL & FINANCIAL CHRONICLE
(1610)
CANADIAN
RANGE
Week's
Friday
Last
STOCKS—
Par
Molson's
Breweries
Mofttrtal- Cottons
Low
High
16%
17%
2,631
•
25
24%
25%
825
23%
Jan
30
July
16%
16%
16%
325
13%
Jun
20
Feb
36'A
36%
110
34%
Jan
40% July
12%
12%
12%
226
12% Mar
14
—
40%
40%
200
40
41 % May
*
16
15%
16
455
14%
4o
-
•
—
—
__
.
common—x
Preferred
Sales
Low
High
14% May
21%
Aug
Feb
Feb
Range
for Week
Bale Price
•TOCKfr-
25
-
Week's
Last
B»D|t slnee January 1
*
>
-
IV
Friflay
Shares
17%
*
_
OCTOBER
for Week
•I Prices
•
Massey-Harris
MeColl-Frontehafc Oil
Mitchell (Robert) ,i
ENDING
Sales
Range
Safe Frloa
LISTED MARKETS
WEEK
FOR
Monday,'October 20, 1947
of Prices
Shares
Low
Par
Dominion
•
Square Corp__
Stag* Steee January 1
High
38
50
40
Feb
11% May
15
Jan
14% May
20%
Oct
8% May
12
Jan
Oct
30
Jun
21%
Jan
36
*
12%
12%
13
200
Dohnacona
V
20%
20
20 %
3,886
9%
10%
825
25
25
90
25
Eastern
*
Ltdi—
Products
Apt
•
Paper CO Ltd——=
Steel
.
High
Low
38
bx
Dominion Woollens & Worsteds
10%
•
h.
Koctenay Power 7% pfd_x_:—100
Esmond Mills Ltd preferred
20
East
xx*
Locomotive
Montreal Telegraph
Montreal
Works
„xx
7%
xxx-x
Drug
National steel
50
50
49%
Jun
50% July
31 %
20
31
Jan
40
Jan
22%
23
600
21
May
24
20
50
20
July
2
2
325
2
Fanny Farmer Candy Shops inc
Fleet Mfg ft Aircraft—.
1
•
49
49%
200
49
Sep
Oct
2%
2%
2%
2,285
2
May
*
22
20%
22
470
20
Jan
100
1
7
7
5
6
Oct
53%
53%
55%
1,270
42
May
55%
Oct
12
12
20
12
Oct
13
Jun
110
100
May
13% May
113
Jan
car
•
44%
44%
45
821
42
Apr
48
May
Foreign Pow Sec 6%
46%
46%
46%
100
46%
Oct
50
May
Fraser
5
12%
12%
12%
100
12
Oct
13%
Feb
•
_•
23
22%
23
760
21%
26%
43
45
1,051
53
Jan
•
27%
27
27%
60
Oct
29
Jan
189
189
189
20
180
Jan
190
16
May
20
4% May
Feb
18
42
Companies
Car
Ottawa
Lt
&
Price Bros & Co Ltd
Saguenay
450
15%
345
15
40
2,140
34
Lakes
July
Sep
Horner
Hydro-Electric Securities Corp
Hendershot
40
Oct
1,420
10% May
15
Feb
Investment Foundation
3,825
67% July
14
13%
14
150
50% May
13% Oct
17
18%
18 %
20%
12%
13%
•
43
42%
•
20
12
10
18
Jan
MacLaren
26
26%
75
25
Jun
26%
Oct
13
110
12%
Sep
17
Jan
104
104
20
Apr
106
1,340
__
104
30% May
50
Oct
July
35
July
Lawrence Paper 6% pfd_x
100
Shawinigan Water & Power com
•
Series A 4% preferred
50
Sherwin
Williams of Canada
com
*
138%
137%
139
892
116
Jan
140
Oct
Co
common
25%
Oct
50%
25
Jun
30% Mar
169
5
169
Oct
175
Apr
14%
15
1,080
Apr
15
July
105
Mar
12%
103
103
19%
20%
390
16%
18%
18%
500
16
8%
•
7%
Corp
20
103
Oct
Sep
Oct
20%
Oct
Mar
18%
8%
4,770
75
6 r/c
preferred
Minnesota
75%
379
75
Oct
82
May
79
15
78
7%
Oct
89
9%
Jan
Sep
9
9
8%
15
9
Jun
9
8%
560
♦
78
77
78
215
72
27
27
27%
410
21% May
1st preferred
Limited
21
18
21
35
18
18%
397
98%
•
common—
100
6
35
45
100
common
*
-
Oct
Mar
Feb
13
Jan
9
Jan
51% Mar
52%
1,080
11
Jun
14% July
Sep
35
40
Jan
46
Jun
50O
11
May
14%
Feb
10
28
May
31%
Feb
100
55
98
Oct
6
6%
50
*
common
10
Paper Co
13
13
145
5
».
23%
24%
4,895
5%
104
Jan
14
Jan
Feb
Sep
•12
Aug
15% May
24%
Oct
Ltd com__*
18
18
5
13 %
Jan
18%
30
29%
29%
55
29 %
Feb
30
July
,
Apr
73
73
125
65% May
74
Mar
•
15%
15%
259
10%
17
Apr
*
10%
10%
75
9
May
pfd__100
106
106
1
106
Oct
14 %
14%
125
11
May
13
13
375
13
Oct
15
15
15
100
14% Aug
Corp of Can 6%
1st pfd—100
Purity Flour Mills Co Ltd common--lo
109
110
92
107%
—
12%
12%
100
12%
red pfd_100
24
24
24
26
10
10
30
9
Ltd
Corporation
Mount Royal Hotel Co Ltd—
Mount Royal Rice Mills Ltd
Scotia
Nova
Nuclear
Lt & Pr G%
Enterprises
cum
Ltd
Orange Crush Ltd
Feb
Service
•
Ltd
Stores
*
Power
Quebec Pulp ft Paper 7%
Jan
10%
112
Oct
Apr
14% Mar
10
Feb
Rands
81
Apr
Feb
Reitman's 5%
Oct
Reliance
23
20% May
*
19
8%
Apr
Sep
22
Jan
21%
Jan
Jan
112%
14% May
May
30
Jan
Jan
10
Aug
Jun
28%
7% May
Service Stores..
•
9% Aug
4
18
18
50
18
Oct
13
*
12
14
290
12
Oct
21
Feb
*
Industries Ltd
425
20
red pfd
Co Ltd
Grain
13%
13%
30
12% May
15
July
9
.
9
Apr
Oct
Mar
18%
Oct
13
Jan
97%
Jan
101
May
May
38
Feb
35
155
12%
28 %
100
100
43%
12
28%
*
Moore
Russell
•
Electric
preferred
Ltd
Ontario
&
pfd
Quebec Tel & Power Corp class A
•
Worts
3
4%
Sep
I"*
Cotton
7%
Sep
Oct
Jun
Jan
79
75
—
*
Winnipeg
Zellers
Oct
49
165
19%
25
Wilsils Ltd
5%
21%
299
18%
•
—
common.
&
Paper——
Distilleries
Melchers
Paul
Walker Gooderham
x
5,215
169
14%
22
27%
*
Brothers
Steel
Oct
49%
•
of CaHada
7% preferred--—
United
19%
9% May
27
100
Power
Steel Co
Wabasso
21%
49%
27 %
100
preferred—
Tooke
21%
49 %
•
Press
Standard; Chemical
ft
Power
Montreal Refrig & Storage
St
Canada
7%
3%
19
47%
Feb
18
*
Maple Leaf Milling Co Ltd—
Massey-Harris 6%% conv pfdx
Aug
32
Simpsons 4%%
7%
13
21
Southern
Jun
•
1,120
South am
Oct
11
Lowney Co Ltd (Walter M)
50
Sicks Breweries common
13 %
Apr
Jan
32%
xx
Aug
10
10
32
x—
10%
.25
225
16
48
preferred
350
10
3%
75
32
1%
13%
10
3%
8
50
common
12%
8
McColl-Frontenac OR 4%
Mills
Sep
52%
*
Flour
44%
8
13
100
preferred_x_x
34
52%
•
common
1,055
50
*
preferred
50
19
45
common—*
Ltd
Jan
113
convertible preferred
6%
12%
18%
•
International Paints Ltd class A
14
66%
Jan
5
*
13 %
50
A
class A_
65%
17
Lawrence
13 %
(Frank W)
66
39
18%
Prod
Paper
Ltd
13%
17%
Class
—<
*
*
Corporation
Feb
May
23
45
*
*
•
Ltd com
Paper Co
preferred
A
Class
39%
•
4%%
*
Goodyear Tire ft Rubber of Can.
May
8%
•
St
common:
m
common
Power
Lawrence
8%
15
(A J)
•
x
Roiland Paper common
St
7
7
15
red pfd
—
_•
m
***
cnmmnii
_xxx_x
Knitting]
18
7%
*
common
Transport
Quebec Power
18
•
Power
Powell River COx.
Power Corp of Canada.-
Regent
*
x—
Aircraft
Ht
Provincial
100
_x
26%
Ltd
Frciman
Great
Ottawa
4%
Sep
——
Products.
Jan
61
Feb
45
Sep
Aug
Corp
1
Noranda Mines Ltd
Steel
3% May
Jan
25
yr
Ogilvle Flour Mills common
IVo preferred ;x_——x_
Ontario
Limited—
Aircraft
pfd
Chemical
&
50
31%
20
2
Fairchild
xxx
preferred -uL.
National
Feb
*
xx
National Breweries common
%
100
x—x
Tramways :'j-.
Paint Co_
Murphy
22
Sep
8
Ford Motor Co of Canada class A
Montreal
Sarnia Bridge Co Ltd
Canada
Southern
*
.
6%
Pr
Invest
Southmont
pfd
11
11
11
117% 117%
100
Ltd...
Co
40c
39c
40C
3
83
12,254
10%
116
24c
Feb
Apr
Jan
12%
123
Sep
Jan
43c
May
Banks—
Thrift
Dominion
19%
19%
19%
730
19%
Sep
22
Feb
United
Amusement Corp Ltd class
10
—
Stores
10
Canadienne
Commerce
x21%
21%
21%
435
21 %
Sep
'23
Jan
United
Corporations
26%
26%
200
Jan
United
Distillers of
28
May
United
Fuel
39
Jan
25
Jan
10
Montreal
10
Nova Scotia
10
25%
25%
34%
34%
60
34
22%
22%
22%
1,768
22
10
Royal
25% May
25 V« Apr
.
26
1,029
July
Apr
*
29%
3%
Inv
*
A__*
17%
17%
13
2
31%
31%
8
30% May
31
2
*
18%
18%
150
17
Mar
21
Feb
*
...
16
16
100
14
July
25
Jan
14%
14%
14 %
65
12
Aug
14'
a
Oct
25
25
25
1
23
May
291
4
Sep
14c
14c
3,500
14C
Oct
31 %C
Feb
3c
Bl
class
Canada Ltd
class
B
preferred
Westeel Products Ltd
*
25
16
May
Aug
Oct
Mikiing Stocks—
BONDS—
Montreal
Ltd
Lt
Heat
&
Alger Gold Mines Ltd
Power—
1
Mines Ltd
•
4c
4c
500
Aug
7c
1
14c
15c
3,000
12 %c
Oct
26c
Sep
—...—1
16C
16c
500
12 %c
Jun
30c
Jan
1
18c
20c
3,300
14c
Sep
44c
Jan
16c
13,000
5c
Jun
17 %C
Oct
Arno
notes
1949
50
50
$10,000
50
Jan
50%
Feb
Gold Mining
Ashley
Aubelle
Mines
Limited
Band-Ore Gold Mines Ltd
Beatrice
Mines
Ltd—1
13c
Beaulieu
Montreal Curb Market
Red
Yellowknife Mines Ltd
Lake
Gold
27 %c
Feb
Jun
89c
Sep
5c
Sep
35c
Oct
4c
July
1
40c
40c
4.000
Lake Gold Mines Ltd—.
1
30C
35c
80,500
Cartier-Malartic Gold Mines Ltd
1
5c
7c
13,400
Centremaque Gold Mines
1
20c
21c
1,000
15c
Apr
23c
Feb
1
11c
12c
2,000
lie
Oct
44c
Feb
Eob's
Canadian Funds
Week's
Friday
Last
STOCKS—
Sale Pries
Par
Acme
Glove
Atlas Steels
Works
fsr Week
of Prices
Shares
Low
Ltd
Sales
Bangs
Range Slnee January
High
LOW
High
Cheskirk
Mines Ltd
9c
Aug
32c
Jan
Colomac
Yellowknife
1
9c
9c
8,500
8C
Aug
16 %c
Apr
Feb
Consol Central Cadillac Gold Mines—1
19c
22c
25,700
19c
Oct
60c
Feb
13 %c 13 %c
1,000
lie
May
25c
Jan
7%
Feb
50
11%
1,205
7%
978
5
Jun
17
Oct
19
Oct
3.00
8
Jan
9% Aug
& Paper
class B__
Belgium Glove & Hosiery 5%
*
pfd
20
17
17
75
Brand & Millen Ltd A
•
1.15
1.10
1.20
3,325
Brandram-Henderson
*
14
14
14
52
12% Mar
35%
15%
6
15%
Apr
22%
23
1,040
22 %
Oct
27
Jan
13%
13%
6%
6%
150
74
76
445
6
6%
31,090
102 106%
585
Ltd
1.10
Mar
&
Dis
of
Vancouver
British American Oil
British
Columbia
Class
Packers
B
Ltd
5
Ltd
Co
•
14
Oct
17
class
A
*
*
-
British Columbia
22%
Pulp & Paper
com
*
76
100
13% May
5%
43
Sep
May
Company
1
—
Butterfly
Hosiery Co Ltd
6
100
common
Preferred
102%
2% May
67
Canadian
Dredge & Dock
Co
•
7%
preferred
Canadian
Inter
Canadian
Canadian
16
8%
76
Gold
Sol
Mines
20%
14%
45
20%
350
110% 110%
Inv
May
-5%
Feb
Found Lake
(1945)
Silk
Canadian
—
6%
107
Oct
Tr
5 %
pfd_:
Company.x
Products
Ltd
class
Sep
Gold
23% May
J-M
Consolidated
109
Jun
112%
Jan
May
30
Feb
Lake
11
20
11
Oct
Addison Gold
Kerr
20
Rowan
Jan
25
Feb
Mar
190
AUg
Macassa
100
1
105
105
8
3 00
Jun
110
Sep
Macdonald
2
2
730
1.75 May
2%
Jan
•
2%
2%
316
1.75 May
3%
Feb
16% Feb
Sep
Apr
14
30% Feb
Pandora
•
30%
32
150
26
Jan
36%
Apt
Pato Cons Gold Dredging Ltd
145 145%
,45
135
Mar
Oct
Perron
129
6%c
3,500
5c
May
13c
Jan
51c
3,600
33c
Mav
90c
Jan
16%
Aug
155
Feb
3%
Oct
47
Oct
140
10c
1.63
Cadalllc Gold
Gold Mines Ltd
Gold Mining
Feb
Co Ltd—
35c
Jan
65c
F|eb
Silver
Miller Mines
15
Oct
17
Feb
Siscoe
Gold Mines Ltd
19%
Oct
Stadacona
Oct
Mines -J
Sherrltt-Gordon Mines
9
17
Cub Aircraft Corp Ltd
•
65c
65c
.
25
25
70C
800
8%
17
65c
Jan
10% Mar
July
18%
Feb
David
&
Dominion
—;—
Frere
Limitee
class
B
Engineering Works Ltd
Oilcloth
&
For footnotes see
Linoleum
page 42.
*
6
6%
•
39
39
Co—*
38%
38%
500
-
Oct
2%
Ltd
6%
1.82 May
1.32
Oct
7c
May
4.90
2.02
21c
Feb
Feb
Feb
6.00
Jun
87c
Sep
1.23
Jan
9,000
9c
May
18c
Feb
142,500
58c
Aug
94 c
Oct
25c
Mar
25c
Aug
1
•
—
1
Stocks—
Consol
Gaspe Oil Ventures Ltd
1
Omnitraus
*
Aug
48
Apr
42% May
500
18C
1,400
12c
May
34 %c
Feb
3.00
3.00
3.30
3,310
2.10 Jan
5.35
Feb
43c
37 %c
44c
35,300
Oct
44c
# 48c
I 70c
48c
50c
1,800
48C
AUg
67 Vac
Apt
67c
72c
19,167
50c
May
78c
Jan
2.05
2.15
2,700
1.70 May
9c 10 %c
51,000
5c
Aug
4%C Aug
£
! 2.15
Homestead Oil Co Ltd
Exploration
<
9c
1 5C
4%c
6c
44,000
14c 15 %c
7c
Oct
6%c May
37 %c
2.80
Oct
Jan
20c
July
14c
Feb
-*!
Oct
35
36%
10c
13c
17c
1
•
Westville Mines
Jan
65
50
7c
13c
9c
f:
*
1
.
1944 Ltd
Apr
4% Mar
1,700
Feb
18c
1
50c
1
Vinray Malartic
Oil
Dominion
Mines
Ltd
Sullivan Cons Mines Ltd
9
17
Jan
2,200
13,000
35c
20
Feb
1.07
2.35
10c
35c
corn—•
1.20
2.65
1.02
94c
Consolidated
Ltd
Jan
10c
Apr
Mills
4.80
2.27 July
1.02 Jun
84c
30c
Textile
2,310
94C
1,400
preferred
2.65
2.25
x—1
70c
5%
2.50
22c
Feb
60c
Consolidated
Feb
Feb
-100
Santiago
14% May
3.55
4.00
90c
Rochette Gold Mines Co
7
Aug
3.30 May
90c
Jan
29
1.35
1,100
90c
Jun
15,492
2,800
25
Jan
15
Jun
3,800
5.80
6
19%
Jan
7.20
10c
5.80
10
15
33 %c
1.64
5.80
Oct
19%
Oct
Feb
3.50
1
Aug
75c
9c
300
5%
19%
7%c Jun
14 %c
5c
1.60
2,100
7
*
6.25 May
9c
Claude Neon General Advert Ltd com_*
•
600
1.32
110
-
6.80
8c
200
Preferred
Feb
1,100
1.32
5%
Consolidated Paper Corp Ltd
13
Mar
17c
8c
8%
A—•
12%
3.45
1
8
class
950
2c
14 %c
1
5%
Sec
16c 16 %c
500
1
;
Mines Ltd
*
Stand
9.50 May
6.80
*
—1
*
Div
Sep
Sep
3%c
1.05
10%
200
45c
6%c
1
25
135
May
3%c
1
285
135
18c
50 %c
6%c
Nechi Cons Dredging
225
100
Feb
630
Quebec Manganese
*
Quebec Yellowknife Gold Mines Ltd—1
-
Feb
9%c
4,000
O'Brien Gold Mines Ltd
Osisko Lake Mines Ltd
Pitt
Cassidy's Limited 7% preferred
Celtic Knitting Co Ltd
Chateau-Gai Wines Ltd
92c
Apr
34c
2.60
13
2% Aug
Aug
5c
11%
1
Ltd
Mines
25
38
19C
4,500
32c
1
12
35
21,000
5%c
11%
1
;—.
—
Mines Ltd
25
13,850
5%c
34c
16c
21
3%
Jan
Jan
2.60 Aug
11%
17c
185
39%
5%c
1
5
39
25c
1
1
35
2%
24c 27%C
1.60
4.65
July
12% Aug
295
*
Jan
1
Mines Ltd—
186
2
Sep
16c
Ltd.—
(1945)
14%
Canadian Westinghouse Co
56c
Oct
1
23%
Canadian Western Lumber Cox
Feb
5%c
Mines Ltd
Joliet-Quebec Mines
10
230
Mines
186
100
25C
3,000
Ltd—1
Lake Mines Ltd
*
common—
5,500
6c
Aug
2.74 May
1
—
_•
A
preferred
cum
16%
24
July
36c
74c
28c
1
Hollinger Consolidated Gold
23
14
35c
5 %c
1,000
Oct
14%
23%
6,200
1
Gold
23%
•
preferred-xx
Vickers
1%
20% Jan
8,500
1.22
Oct
Lamaque Gold Mines Ltd
Lingside Gold Mines
Louvicourt Goldflelds
_•
Powefr & Paper Inv com
cumulative
Jan
3.65
1.18
1
Feb
11
24
■
Canadian
9%
1.07
3.45
1
Ltd
Ltd
Formaque Gold Mines Ltd
Fontana Mines
100
common,
—
Marconi
*
*
Investments Ltd
Industries
Canadian
20%
100
Ltd
Canadian Food Products class A
Canadian Gen
14%
1.07
1
Feb
Jack
l
Canada & Dominion Sugar —
Canada Northern Power 7% pfd
2,000
1
Mines Ltd
Goldvue Mines Ltd
Brown
10c
1
Sulliwan Mines
East
Eldona Gold
El
Brewers
1
Mines Ltd
Donalda
Jun
10c
—1
Mines Ltd
Explorations Ltd
Cortez
Bathurst Power
Sep
11% Mar
9%
10%
7
11%
Century Mining Corp Ltd
1
8c
12 %
9%
Limited
Ltd
•
'
"**'■
15,250
12c
81c
90C
6,500
40c
Sep
May
61c
90c
90c
Oct
11c
11c
lie
3,500
9c
Sep
24c
July
14c
Jun
\l
yolume 166
ir-
i
■
THE COMMERCIAL & FINANCIAL
Number 4639
CHRONICLE
(1611)
i
CANADIAN
RANbE
Toronto Stock
LISTED
WEEK
FOR
ENDING
MARKETS
OCTOBER
Exchange
17
.
STOCKS—
Canadian Funds
Friday
Last
Sale Price
STOCKS—
Par
Abitibi
Power &
•
Akaitcho
common
Yellowknife
Algoma Steel common
Aluminium Ltd common
Aluminum
of Canada
Amalgamated
Larder
19%
190
1.00
500
90c
34,800
12c
46
Oct
9%
210
1.50
May
3,429
21
Jan
47
188
Mar
213
60c
65c
10,600
11c
11c
1,000
25Va
670
25%
Oct
27%
60c
Oct
1.90
*
1.40
1.32
1.40
6,600
*
8.75
8.75
8.75
300
1
72c
72c
80c
2,100
60c
Apex
•
8%c
8c
8%c
5,100
6%c Jan
14c
37c
37c
40c
2,500
37c
70c
7%c
7%c
1,000
6c
Area
Mines
Argus
1
Corp
__
41
6%
100
86
6%
!
Arjon Gold Mines
1
Armistice
Ashdown
Hardware
Ashley
Gold
Astoria
Mines
Mining
65
13c 15%c
13c
12c
12 %c 12V2e
—
11%
11
Toronto
Metals
Mining
Power
Bear
Exploration & Radium
Beatty Bros
Beaulieu
1
4
Yellowknife
Belleterre
__
1
Quebec
1
Bell
Telephone of Canada
Rights
Bertram & Sons class A
40c
100
Bevcourt
Gold
10,500
12c
89
1,333
11%
11%
11%
100
100
154
154
155
220
•
1.00
82c
1.00
11,700
82c
Oct
4
22
22
22
50
16%
Jan
27
27
25
26
Julv
30 Va
Jan
27c
28c
4,100
25c
Aug
55c
Jan
4,200
69c
May
27c
Mining & Smelting,
6c
May
12,000
8c
May
900
11c
May
38c
Feb
9
Aug
12%
Feb
May
8%c Jun
35c
Feb
39c
Feb
20c
76c
Jan
Corp common
5.20
Apr
5%
Sep
Crowshore
9%
Sep
lie
Jun
3.90 May
I,000
Jun
23%c Jan
34c
8c
Sep
19c
Oct
28
Gas
AUg
Jun
9'%c
22 Va
9%c
18,500
22%
110
55c
59c
24,300
40
90
39%
Crestaurum
Cub
Bonville
Gold
Boycon
common
Mills
*
Mines
_1
Patricia
7%c Jan
19%
23o
Jun
50c
36
Jun
23%
91c
Aug
51,600
26%c May
200
6.75 July
165
Oct
6
4,767
4%
Oct
18
18
25
17%
Jan
70c
70c
71c
7,500
60c
Aug
22c
23c
II,100
16c
Mar
42
A
•
Nickel
Mined—
Dickenson Red Lake
t<ep
12
191
6
Dome
Sep
Dominion
British
Columbia
Mines
Columbia
Class
Power class
Oct
14
Jah
30o
Feb
28c
28c
30c
1,900
26c
AUg
44c
7c
7c
1,000
6c
Aug
8cll%c
131,800
5c
Aug
—
9%c
11
11%
1,385
1.10
1.15
400
—
26 %
26%
16
21%
21V8
21%
1,196
—
1.15
8c
9c
6,000
22%
23
1,776
99%
99%
10
3%
4
5,425
—
22%
__
3%
26%
—
10
1.05
May
26%
Oct
20
17c
3%
29
8c
Oct
Dominion
Jan
Dominion
Stores
Tar
Dominion
Apr
Feb
Dulama
31c
1,100
27c
Aug
23
23
50
20
Aug
25% July
29%
iVs
3ilc
Jan
1.18
1.22
3,500
2.95
3.05
1,260
*
1
•
*
Burrard
4
class
A
1
Calgary & Edmonton
Callinan
Plin
Calmont
East
CUmpbell
__
Ltd
East
Crest
East
Lake
Red
80c
2.50
May
1.55
Apr
4.75
Feb
Feb
Economic
19c
5,700
15c
50c
4 % Vc
Class
Canada
Cement
Steel
3,535
18
Jan
25%
Sep
26
710
2b
Apr
29%
Jan
17
125
13% May
17
Oct
225
10
9%
10
28
28
28
6
6
29
29%
104
104
104
3
3
43
43
50
43
Canada
Permanent Mtge
May
32%
Feb
Eldona Gold
11
Jun
12%
Apr
26
20
22
July
26
Sep
Canadian
Bank
Canadian
40
12
May
16
8%
325
Equitable Life Insurance
Eureka Corp
14c
14c
1,500
Falconbridge
2.40
2.50
4,060
7c
8c
10,000
39c
2,100
8%
12c
Oct
9
Sep
Sep
Aug
33C
Feb
1.70 Jan
2.70 July
5%c Sep
17%c Feb
24c
27
Famous
73c
Jan
3.50
1st
preferred
Feb
Nickel
Canadian Car
Class
common
6%
Jun
Federal
101
101
20
101
Oct
105
71
35
69
Aug
75
Mar
__
__
13
1.12
12%
1.02
Celartesfc
Preferred
Grain
•
Fibre
Canadian Industrial
Alcohol
com
__
__
41%
1.50 May
7c
7c
7%c
1.90
2.05
3.60
3.30
10%
3.70
9%
10%
3,550
—
39
39
20
19
19
19
150
Jan
Jun
90c
1.58
Jan
28 %c
Sep
57c
Jan
12 %c July
2.45 Feb
2.70 May
4.75
Jan
8% May
37'% July
11%
Jan
40
.
Oct
19
Sep
21
Jan
1.36
83c
80c
85c
10,325
60c
Aug
1.17
1.36
146,200
28c
May
38C
34c
39c
14,000
20c
Apr
60c
Feb
2.60 Aug
Sep
17
17
40
16%
Oct
25%
Jan
12%
12%
100
12%
Oct
14%
Jan
3.90
3.80
4.15
15,451
1.96
July
4.70
Oct
4.00
4.00
4.25
630
3.90
Sep
5.50
Feb
18
17%
18%
820
16
Aug
19%
Feb
48%
48
49%
825
48
Oct
67
Jan
4%
*
common
75
1,500
4%
7%
31% July
Fittings
62
Feb
Fleet
*
11
11 %
200
JUn
12
40
36% July
40
Jan
Foundation
Co
4
197 % 198%
13 % %3%
Sep
Francoeur
Gold
•
30
Feb
Fraser
4
4
2.35
4%
95
Oct
5c
Sep
May
140
2
Jan
May
May
100
9%
134
6% Mar
11c
Feb
Aug
Jan
37%
40%
41 %
28
45
8%
188
12%
Mar
200
Sep
Oct
17
|
Ltd
10
—
Cos
Frobisher
May
23% Feb
Gatineau
22% Sep
26% May
5%
Jun
26
Jan
26
25
25
Sep
29%
Jan
—
-
5%%
26
Exploration
__
21
Power
12%
17
58
13%
1,017
16%
17
710
16
Sep
58
58%
110
55
May
39%
39%
55
25
715
11% May
39%
Oct
15
Feb
19%
22
%
ll
18
May
10
Mar
5
Feb
20%
22%
1,862
19%
Jan
23
May
20%
20
20%
Oct
26
14c
500
54%
25
2.50
6,800
19
125
12c
May
47% May
2.05
May
Jan
38c
Feb
55
Feb
Jan
...
3.25
•
—
19
18%
109%
lib
109%
110
70
109% July
20
Aug
111% Mav
110
110
40
109% May
111% May
100
16%
Apr
5%
Jan
3%
4
305
4
18
18
18%
35
18
•
15
15
15
10
14% Aug
1
6.3b
6.1b
6.40
5,045
1
ibV2c
17c 19%c
59,400
10c
July
23c
Sep
4c
2,500
3c
July
9c
Feb
*
_r,
General Products Mfg fclass A
13%
Feb
Aug
14c
2.45
7
2
54%
22%
70
1,150
—__—100
common
preferred
preferred
General Bakeries
Sep
8%
2%
20%
•
8
2%
8%
*
common
Mfg & Aircraft
49 % Mar
40%
—1
Preferred
Jan
20
25
175
98
6'Ac
23%
460
__
4%
6c
7%
6%c
95
4%
_
1
Oct
435
.
3'%
Jun
Sep
20
Apr
18%
Feb
Feb
General Steel Wares common
67% Feb
Giant
43
Yellowknife Gold
Gillies
Feb
Lake
30
Mlhes
—:
Gold
i-—
_.
1
—
—
3%c
5.40 May
7.15 Mar
Feb
11
50
10
May
I
49 c
47c
52c
35,600
42c
16%
17
35
16
Jun
20
Feb
God's Lake Gbld——
»
1.10
1.10
1.17
26,500
57c
Sep
Jari
95
95
10
95
Oct
100
Jan
Goldale
1
18c
18'c
1,000
16c
July
22c
Feb
20c
22c
9,600
11c
July
32c
Aug
6c
95
14%,,
14%
26%
15
100
98%
15
14%. >14%
585
11% May
100
11% May
22% AUg
60%cMay
24$&6%
460
85c ix 87c
5,190
-
14
%>;••'
15% Jan
Globe Oil
Mines
-
16% Jan
Goldcrest
16
Jan
Gbld
37%
Jan
Eagle Mines
Golden Arrow Mines
90b
Sep
Golden
15
156
13
Sep
18%
98%: 98%
5
97
Aug
99
Feb
ManitoU
Goldhawk
Goldbra
May
Gold
1
1
Porcupine.—.___.
Mines
—
6c
1
.
'
f
20c
17 %c
1
—
Mines.
page 42.
Feb
1.62
1.34
Oct
5,370
*
see
Jan
5c
12,000
4,315
42,700
16% May
21
*
*
footnotes
July
1.95
50
25%
*
For
11c
26 %c Mar
29%
21%
Locomotive
.
Oct
1,600
116
23%
Maiartlc
'Cahadian Oil COS common—
•'
4% preferred
May
60c
8,900
193
21%
Canadian
—
68,500
19,900
17c
70c
19c
385
20%
A__ •
B
May
37c
18%
21
Canadian
Class
64c
1,335
17c
52%
24%
100
.
May
35,400
13
35c
37 %
*
„
Feb
Mar
15
11
1.14
17c
29 %
*
common
18
27
26% May
35c
-100
Products
21%
*
Preferred
Feb
Jan
45
May
Oct
32c 36 %c
*
common
Kirkland
Glenora
Dredge
Canadian Food PtOdUcts
Class * A
Jan
Feb
.4%
22%
60c
50
11
25
—_
Canadian
20
34c
18%
50
4
cbmmon
15%
60c
29 %
__
20
Canadian
33%
105
Apr
71
*
a.
_
A
Aug
12% May
200
•
•
1
Players
Federal
Aug
5
2ft
—_
Mar
July
25
2.30
•
—'
40
2,190
2,280
23
__
Fahny Farmer Candy Shops
Jan
*
of Commerefe—
Jun
23
25
—1
—
it)
Breweries
Canadian Canners common
Jun
3
24
English Electric class A.
14%
7,225
50
—
May
104
Sep
7
1
Mines—.—
14%
5
4
Preferred
27
50
29
-1
El Sol Gold Mines-
3.20
100
Canadian S S Lines
210
155
.
1
28
5
♦
A___
Sep
_
Feb
11
Apr
5
20
260
2.95
*
Power
class
15
14%
Ford oif Canada class A
Northern
Packers
85
25
15
1
Eddy Paper class
Elder Mines
220
5
♦
Canada
1.34 Jan
Sep
27
•
31
39c
20
Canada
8
25
—r.
Investment
11%
3.05
*
common
Oct
23%
"*
8%
2.48
5o
Malting
Feb
16
-Li
Sullivan Mines
30
7%c
100
Preferred
Canada
jah
20%
AUg
_•
Mines—
11 %
1
preferred
B preferred
1.70
98c
25%
70c
1
I
Oil
Maiartlc
Eastern
jah
*
_
common
AUg
May
14
Feb
22c
May
Oct
35c
2,000
—
1
Bread
May
44c
1,190
•
Preferred
Canada
87c
75,451
23 Va
1
26
__
6
Flon
14,100
84c
19%
1.06
25%
4
Amphl Mines
Jan
24c
31
1
Oils
1.19
72c
19%
23%
pfd—_23%
—
Mines
Gold
2i>%
18c
4
—.
Calder-Bousquet
Feb
Sep
25
B
,
Chemical
Duvay Gold Mines
48 %c Feb
23c
„
__
4
B
85c
75c
Feb
Jun
East
1.20
Class
May
May
Jan
4%
30c
__
3.05
Products
Burlington Steel
Burns & Co class A
36c
30c
29%
Coal class
&
&
3% May
Jan
1
Building
5,900
6,000
10,500
1
Woollens
32c
M7
Steel
Donalda Mines
July
*
Mines
59c
60c
•
May
Sep
2
Buffadison Gold
Gold
56c
57c
1.18
50
103%
15c
185
Buffalo
Mines
Feb
Feb
26c
Jply
1.07
100
Preferred
Oct
205
30c
Lake
8c
'
Malting preferred
OCt
9,517
41
Canadian
2.44
1.60 May
1.10
4
Scottish Invest common
22%
27
1
Red
83c
Dominion Foundry & Steel-
99
17c
Broulan Porcupine
Buffalo
Mar
Jun
Jan
24
2%
feruck
Buffalo
14
35
:
Electrohome
Dominion
Jan
13 V* Mar
Oct
2 %
16c
Ankerite
Oct
*
Preferred
Dominion
10%c Feb
May
26%
16%c
Mills
10
"
•
Silk
Mar
Feb
•
A_.
Oil
1.08
19%
25
Dominion Dairies common
Aug
Jan
*
Dominion
31
1.35 Feb
31c
10
100
•
B
British
Oct
*
preferred
Duquesne Mining Co
British
26
.10
Coal
14c
•
r.
pref
Forest
35
Jan
•
Bank
855
1
Mines
Oil
27
8,000
1
Ltd
Oct
20%
3,300
25
Elec
26
9%C
1
Dominion
American
27c
9%c
2
Diversified Mining
Feb
14
Brazilian Traction Light & Pwr com—*
Columbia
28c
Jan
9%c
Discovery Yellowknife
Apr
Aug
8c
90
Distillers Seagrams common
2%
Oct
9c
4,400
—
Feb
60c
1.85
—
Jan
Mar
1.43
July
600
10 %
60c
45
39% May
3,500
10
1
1.50
168,000
1.70
1
Feb
70c
1
-
Jan
1.49
23% Mar
26c
1.80
—
174%
13c 13 %c
1
Detta Red Lake
9.75 Mar
15c 15%c
•
Red Lake
26
•
B
Mines
Denlson
.Tun
89c
15c
•
British
12c
Dexter Red Lake Mines
13%
Brand & Millen class A
Brewis
3,200
Mar
22c
Bralorne Mines Ltd
British
25
18c
12c
Class
Feb
May
5%
4
Cordage preferred
43%
60c
Jan
Apr
17c
—
Oct
152
43%
70c
class
Feb
18c
25c
Aug
Apr
43%
*
Feb
34c
Oct
13
1.02
1
Sep
61c
11%
1.00
•
Feb
1.05
89%
1
Petroleum
21
78% May
100
Gqld
Aircraft
Leather
1.10 May
Oct
17
1.01
Davies
Davis
925
1
Dominion
Brantford
—
D'Aragon Mines
Delnite
18
l
Pershing
—
Box
Paper
Imperial
Cosmos
Jan
40
1
:
•
.
Exploration
Corrugated
Aug
*
Bonetal Gold
5
Jan
25%
325
Consumers
Con west
Sep
1
_
•
Croinor Pershing Mines
Crow's Nest Coal
2,475
1
Bobjo Mines Ltd
Oil
Consolidated Press class A
2,395
.
Sep
180,400
1
Bidgood Kirkland Gold
Jan
16c
Consolidated
30c
Dominion
Blue Ribbon
1.56
88
Jan
5%
—4
Jan
14c
15%
35
171
Feb
Jan
7%
89
Mar
33
165 %
35c
14c
13
60
170%
51c
Oct
Aug
Oct
385
42c
May
6
19c
36%
7.75
Feb
8,000
Homestead
36
38c
30c
7%c
125
Jun
20c
Central
Consolidated
35
7.7b
54,500
6%
Feb
8%
19c
Consolidated
Jan
34
7.75
2,500
9c
6%
3.45
15
Sep
1
-JSb
39 Va
55c
1.22
1.03
Oct
„
•
11
32c
9c
6%
May
Mar
9%c
30c
9c
:~:_i
___
41c
16c
*
1
Yellowknife.
National
2.10 May
6
Feb
30
20
Cadillac
10%c May
4,700
•
class A
Lake
7%
11%
Jan
22c
36%
7%
65c
20c
10
3,140
2.80
11%
——
—
175
8
__
2.90
2.85
Feb
Jun
50c
12,900
4%
10
Scotia
1
*
•
13c ..Feb
76c
50
Nova
1,500
1.29
40
of
17c
17%
966
Bank
16c
—
Jan
17
8
loc
14%c
1.22
5
25%
May
74 %c
8
10c
5c
17
5
25%
28,300
76c
4.40
__
6c
•
4.30
25%
5%c
4.30 Jan
2
8,600
1
61c
*
Mines
34c
10
Aug
Beattie
30c
Montreal
21c
Bakeries
30c
of
8%C Sep
2.60 May
4,100
Consolidated
200
Bank
1,050
30c
Consolidated
18,000
22c
Jan
12c
3.15
Coniaurum Mines
17c
1
Consolidated
33c
9c
25c
Feb
17c
5
Gold
common—
I3%c Jan
9%
Jan
3.10
Feb
Conduits
Sep
11%
Feb
17c
__
•
Dunlop
Colomac
Oct
30c
5%c
Cockshutt Plow
1.30
7
30c
Willans
Cochrane
41,200
15c
Jan
16c
"
Bagamac Mines
Cochenour
1.90 July
450
lie
—
9.65 Aug
19,500
9
3.15
_
Maiartlc
Oils
22c
8
Mines
20c
Jan
45c
July
Aug
Sep
1.90
16c
1
22c
13c
97%
17c
0
Bathurst
11%
65,200
2.20
Oct
1
—
A
of
13c
45c
Feb
1.45 Mar
Oct
Oct
l
Auto Electric common
Base
14%
40c
Feb
Apr
3.00
May
1.23
July
26%
1.10 May
15,300
Feb
105
75c
2,900
14
Oct
1
Gold
Bank
55c
15c
1
Aumaque Gold Mines
Bankfield
Aug
Mar
May
May
2.00
1,500
1.35
29
83
500
14
*
Yellowknife
Class
18c
1
Aubelle Mines Ltd
Aunor
949
1
Atlas Steel
Atlas
15
53c
55c
10
Quebec
Athona
class A
Jun
May
6% May
3,080
86
85c
18c
__
1
7
85
75c
common
Preferred
8.45
19c
Coin
Warrants
.
9%c Aug
97c
Jan
300
1.25
1.30
43c
Gold
Citralam
Feb
Porcupine
2.25
1.20
Chimo Gold Mines
Sep
1
Aquarius
2.25
1.30
15%
Sep
24
Wines
Coastal
Anglo Canadian Oil
Anglo-Huronian
Anglo Rouyn Mines
Resources
5
Jah
1
Cons
24%
1
Chesterville Mines
Feb
American Yellowknife
—
24%
1
Chateau-Gai
26%
101
_1
High
11 % May
•
A
___a_
Centremaque
July
10
10
Central Porcupine
Oct
220
25%
125
27 Vs
105
Feb
Oct
Low
3,444
105
Central Patricia Gold Mines
Jan
32C
9%
47
„
class
Rang* Since January 1
High
100
Castle-Trethewey
Sep
Aug
Cariboo Gold
Cheskirk
42%
65c
Wirebound
Shares
14%
27%
41
Sales
for Week
Of Prices
14
33% Mar
460
212
1
21% Feb
22
Feb
43% Jun
1.00
25%
Mines
36% July
13 %c 15 %c
15 %c
100
85
9%
*
pfd
2,895
19%
•
4%
High
9%
1 00
1
21 %
37%
Tire
Canadian
Low
14V* May
17% May
Wefek's
Range
Low
14%
.25
Corp
Canadian Utilities preferred
Range Since January 1
2,512
Pacific* Railway
Canadian
19%
—
9%
.1
Alger Gold Mines
19
Canadian
High
20 %
18%
*
new
Shares
37%
37%
Agnew-Surpass
of Prices
18%
21 Vs
20
Acadia-Atlantic claBS A
Range
Bales
for Week
Low
*
20
Paper common
$1.50 preferred
$2.50 preferred
Pat
Week's
■
Friday
Last
Sale Prlot
2.05
•
1
14c
71c
Aug
1.98 Mar
Jan
6%c
4,500
4%c July
23c
17c 18 %c
4,500
13c
50c
Jan
2.00
2.07
4,800
3.30
Jan
13c
14c
14c
15c
Aug
2.00
Oct
18,000
8c
Aug
74c
Jan
6,5i0
7c
May
20c
Sep
39
40
THE
(1612)
Range
Last
Sale Price
STOCKS—
Goldvue
1.
Mines
Goodyear Tire common
50
Grafton
&
Co
class
41
Grjiham Bousquet
:
Lakes Paper new common
Great
New
Great
West Saddlery
Guonar Gold
Alabastine
Gypsum. Lime &
Hahn
Brass
Halcrow
Hamilton
Mines
Gold
Mascot
Highw.ood
Hinde
Home
Mining & Smelting
&
Imperial
Bank
£1
Gold
Lake
'
1
*
9
Inglis
6
8'A
1
__
(John)
&
International
Int'l
Co
Mining
Coal
class
Metal
Coke.l
&
1
A
International
Co
International
Waite
Jason
23'A
Feb
New
12%
Sep
New
Marlon
2.75
4.80
Jan
Sep
Feb
Joburke
M.ines Ltd
Quebec Mines
Newnorth
New
_
10
4c
Feb
13c
May
13%
May
107%
115
Jan
Noranda
Norbenite
Apr
30
15% July
13 %
Jan
15 % Mar
9%c
5,000
6'Ac Aug
9
9
8%
8'A
51%c51%c
50
300
500
3,000
46c
36c
Jun
Nordon
7%
7c
7%c
3,000
Jan
Sep
10'A
Apr
Sep
11
Jan
85c
Feb
42c
Mar
33% Aug
Mar
6'Ac
3,000
24c
Aug
8'A
17,000
8% Mar
Oct
8
26
Jan
8c
14c
102
32'A
12%
Jun
104%
Jan
Aug
37%
Jan
Sep
July
16%
Feb
90c
Jan
Sep
15c
Jan
Sep
19c
Jan
July
55c
Feb
5c
Oct
9c
Feb
35c
19c
20c
7c
7c
7c
16,300
1,000
44c
53c
36c
44c
13,800
33c
July
60c
Jun
6,000
33c
May
95c
Jan
24c
6'Ac Aug
Jan
8'Ac
2,920
Go;a
1
36c
33c36%c
46,400
21c
May
55c
1
30c
30c
32c
3,000
25c
Aug
42c
Jan
Kerr-Addison
Kirkland
i
Kirkland
Labatt
(John)
Default
Lake
Wasa
Luz
2.07
26c
24c
29c
26,700
24%
6.15
85
3,220
16%
14c
50c
1.33
10c
Jun
May
46c
Jan
July
1.05
Jan
Jan
2.25
Sep
Apr
31c
Oct
July
26% Mar
j.40 May
7.50 Aug
23
24%
24%
5.85
5.80
__11
7'Ac
6'Ac
8c
22,600
5c
Oct
61c
Feb
1
51c
49c
51c
3,300
35c
May
86c
Jan
Apr
15c
Jan
Oct
33c
Jan
Jan
16%
Jun
,
4c
Gold
0
5c
5c
5%c
8,000
1
17c
13c
17c
4,000
12 %c
1
15%
15
15%
930
13%
Mtnes__:
87c
2,500
Sep
1.25
Jan
3.20
3.10
3.20
600
z.dO Aug
4.50
Jan
-
6.50
6.50
6.75
720
5.70
Feb
7.25
Jun
20
20
IOC
Sep
22
6c
6c
1,000
6c
Oct
13c
26c28%c
3,500
May
50c
Jan
6,000
1 890
4c
May
17c
Jan
16'A
Aug
21%
Feb
Lang
&
Sons
Cadillac
85c
87c
•
Lapa
1
.
25
260
May
2b %
3i0
3%
3%
50
14c
1,500
13c
Oct
29c
30c
8,000
15c
May
29c
__
__
Jan
Feb
Feb
74% July
Mar
295
Oct
27%
3'A May
4'A
25%
11%
12
85
11%
Aug
Sep
16
375
16
Oct
28'A
28%
230
2 8'A
Oct
18c
18c
18c
1,000
25c
Jan
37c
Jan
14
dbt
16
16
..
23
23<%
23
2.01
2.12
5 'Ac
81c
1'9
22
5,100
6 %c
17 %c May
590
2.03
-
Apr
19 %
Jan
30
Mar
40c
Jun
Sep
1.82 May
26%
Feb
2.55 Mar
1
_
12 %c
Jan
1.45
Jan
6 'Ac
4,700
4c
75c
80c
2,702
74c
Oct
35c
35c
38c
9,300
30c
May
65c
Feb
6c
1
Mines
Gold
_
_
_
_i
6c
6c
500
4c
Aug
9%c
Jan
..
.
July
1
52c
50c
55c
24,150
50c
Aug
70c
1
8'Ac
8 %c
10c
13,600
bC
May
17C
Jan
5c
_
5 %c
7,000
5c
Oct
13c
Jan
1.15
1.15
20
1.15
Oct
2.10
Jan
43
1.15
__
Sep
Corp
...
1,445
42
43c
43c 45 %c
4,500
25c
July
83c
Jan
1
20c
20c
fiOc
500
12c
Jan
33c
July
45
Mines
...
...
Northland
Okalta
Mines
1,542
16c
7,500
15C
Sep
44c
10c
9c
12c
29,825
7c
May
16c
Feb
66c
66c
66c
2,000
56c
May
85c
Jun
32c
32c
32c
500
24c
Jan
4«r>,
a or
5c
5 'A c
1,500
10c
Jan
1
(1940)
—
Exploration
Orange
Crush
Gold
Lake
12c
__
—
-
_
Sep
13,500
5'Ac May
15c
Jun
62c 65 %c
7%c
8%c
90c
29 >A
70
27% July
1.75
1.86
5,025
1.18 May
3,500
6c
9c
9c
43 %c
19c
4,500
6c
Aug
Sep
45c
5,749
42c
July
17c 19'Ac
38,500
10c 10'Ac
26c
6%c
17'A
16%
7%c
17'A
3%c
3'Ac
1,500
2'Ac May
4%c
48c
3,500
39c
55c
Sep
1.28
1.39
10,210
Jan
Reno
Jan
12c
Jan
57c
Jun
29c
1.31
Jan
Feb
90c
800
86c
Sep
7c
9c
1,100
7c
July
2.5.0
2.52
3.50
3.75
1,210
17c
25c
4,229
17c
Oct
45c
Jun
43c
50c
6,300
27c
May
55c
Sep
39%
._.
88c
43c
39
39%
965
39%
Oct
95c
11%
---
2.30
2.060
98c
14
12
33%
455
2.30
2.26
2.30
8'Ac
9c
13
1.32 May
100
common.
Jun
9% May
14,000
13
May
11
2,100
8%C
Jan
75c
640
11'A
May
3.25 May
1,500
13%
Gold
East Dome
Reeves
Oct
7c
Sep
3.30
Feb
Feb
4.40 May
1.67 May
Feb
15
13% Mar
2.45
20c
Sep
Jan
11% Aug
14'A May
51
5b
Oct
51
51'A
40
66c
66c
69c
2,200
60c
July
1.02
99c
1.05
4,657
64c
15%
15
15%
3,851
9 %
9%
200
1.00
1.00
500
--
17c
Jan
1.20
Jan
May
1.20
Aug
13% May
21%
Jan
Feb
48c
23'Ac
Jan
Feb
24c
Manitou
Queenston Gold Mines
Quemont Mining
Quinte Milk class A__
7%c
1.99
20c
3.50
Quebec
1
7'Ac Aug
1.21 July
33%
•2.50.
Mines.,
•
— _
Mines
Flour Mills
1
25,000
Jan
7c
Preferred
May
9c
9c
43c
2.26
88c
Purdy Mica
Purity
May
6c
Metals
Preston
Jan
84c
800
90c
28'A
1.82
Corp
Power
Pressed
Feb
18,750
10c
Gold
Rouyn
Fowel
70c
81c
,
River
Powell
Aug
July
May
Peninsular
Gold——
Porcupine
Feb
81c
_J
>
Feb
23
18 %C
45c
Mines
Gold
25 %c July
5,100
Porcupine
Crow
20c
May
July
17,200
Pen-Rey Gold Mines.
Pickle
May
9c
25c
Malartic
Pioneer
7c
13
125
16,200
1.37
Paymaster Cons Mines.
Piccadilly
19,200
13
16c
Jan
23c
Tubes
Cadillac
Gold
13c
13
12c
Feb
2.35 July
21c
1.19
62c
7%c
Hershey
Perron
July
25c
Pacific Petroleums
Paramaque
Jan
14c
1.34
Pamour Porcupine Mines Ltd.
Pandora
40c
500
1
Pacalta Oils
Page
6,100
15c
2.67
Feb
1
—
Mines
Mines
Osulake
'
85c
10 'Ac
12c
1
Aug
—
_
Lake
Red
1
—
5c
1.80 May
5,5&5
76c
—
.
...
2.35
15c
77c
Malartic
Osisko
2.27
2.33
Mines
Orenada
Orlac
--
1
Mines
Omnitrans
Jan
1.55
15c
Oils
O'Leary
2.05
1.43
15c
Gold
Gold
o'Brien
1.32 May
1.55
1
____
Canada
inca
North
Aug
i
Mining
Northern
Jan
54
45 %
1
_
Malartic
Norseman Mines
Larder
Laura
Lebel
"U"
Mines
Secord
Oro
Candy
3
Mines
Leduc-West
1
Oil
_
*
__
-
Sep
Macdonald
Kegoourt
Leitch
Gold
Mines, Ltd
l
Lencourt Gold
1
Lexindin
1.33
I
1
Gold
Lingman Lake Gold Mines
Long Lac Gold Mines Ltd
LoMaw
Groceterias
Class B
London
Lynx
Hosiery
Gold
lyc
Oct
28c
Sep
Richmac
10c
Sep
34c
Jan
Riverside
Silk class
71c
76c
14,300
63c
May
Robinson
(Little)
1.67
1.75
3,400
1.32 Mar
2.40
Feb
class
30'A
29%
30'A
791
28
Jun
33%
Jan
Rouyn
29%
29
29'A
295
26%
Jun
31%
Jan
Roxana
A
15
15
300
1
1.67
1.60
1.68
5,600
l
26c
21'Ac
26c
2,000
16c
10 %c
__
*
Mines
Gold
•
Mines
__
9,500
1
3.50
3.45
3.55
6,720
MacDonald Mines
1
2.6O
2.50
2.70
10,875
Macfie Red Lake
1
14c
14c 14%c
5,300
1
1.70
1.67
1.72
5,655
10
9%
10
2,906
15
Oct
15
1.35 Aug
16c May
9c
39c
28c
July
3.05 May
Jan
Jan
4.20 Mar
2.25 July
lie
Oct
3.60 Feb
4.85
39c
Aug
Jan
Feb
Gold
Mines
»
♦
6
6
6'A
585
Madsen
1
3.50
3.40
3.50
6,400
2,100
Lake
Red
Gold
Mines™
1.30 May
9 'A
5'A
2.25
10
Sep
•
Gold-.
1
Malartic Gold.Fields.^
Manitoba &
\
Sep
Sand
River
6%
Sep
8annorm
Jan
Sarnia
Eastern
Maple
Leaf
41
Maple Leaf Milling
Marcus
1
Gdld
•
common
Preferred
McCabe
(L)
_20
preferred
Grain
class
McColl Frontenac Oh
2,000
16
100
July
58
20
Oct
,♦•.
A—e
i.__-
common
;
"
20%
12
__.
1
6C
__
I
Massey-Harris
McBrine
3c
20'A
•
1
—
3,900
2'Ac
__
100
Gardens
Maralgo Mines
39c
2.10
102 % 102%
•
Manitoba Sugar preferred
39c
21
12'A
6c
50c
51c
52c
17%
16%
28%
42.
8,300
1,979
18
28%
> __t
28%
18% "18%
J
*
25'A
9
24%
r.
■> *
.
/
T '
May
2c
2.45
Oct
5 %c
106
22%
11% May
4%c Aug
50c
1.4%
14% May
27%
Jan
21%
Jun
17%
175
9
23%
15c
Feb
July
47c
35
355
3z%
Jun
38
Sep
34%
16%
16c
Oct
Corp
common
Paper preferred
Gold
19
Feb
12c
13c
2,500
5c
May
16c
Aug
29c
19,500
26c
Oct
58c
20c
Aug
17
Mines
Ltd
16
85
50c
62c
54,100
22'A
22%
655
15c 16 %c
31c
0
50
100
1
—
30c
325
17%
49
50
580
300
4.00
'
38c
Apr
15
9'A
Jan
.
32'A May
117
Apr
3.25 May
2,325
14c
45c
Sep
11%
540
4.05
25
Oct
15c
6,200
139 139%
50
4,000
33c
13%
16%
32c
1.03
Apr
22%
13'A
16c
13c
Gold
3,500
Jun
Sep
July
18%
Oct
50
Oct
140
Oct
4.50
Aug
6c
Feb
Jan
Jan
20c
Jan
Aug
27c
9,750
16c
May
30
Bridge
class
Ltd
13%
400
11
May
13%
Oct
16%
16%
16%
35
16
Sep
16%
Oct
58c
A.
55% c
60c
14,100
23c
•».;ii-ti
Ltd
Senator, Rouyn
Shawinigan Water & Power-
21'A
21%
22
49%
49'A
21% Aug
480
49%
___
31*> May
70
<
III
25%
Jan
49'A
50
Sep
Sep
Feb
Feb
July
Oct
11 V
Jan
30% July
Jan
1
•
x:i
Jun
>20
.
Oct
13'A
—
Feb
Feb
-
...
25c
Mines
Preferred
Feb
Mar
26c
58c
Feb
Mar
32
.
Jan
23c
July
10'Ac July
1.15 Jan
May
50
75
'
56c
1.50 May
210
~
;&>■'.
25%/.
/
For footnotes see page
150
1,000
30c
Feb
7c
2,800
27c
Gold Mines
preferred
Antonio
3.95
2.01
80c
5,000
Feb
Sep
39c
22,000
27c
18c
22'A
Lawrence
2,80 May
2.05
•>
20c
12c 13 %c
16%
A__.
Oils Co
Class A
Scarfe
/Magnet Consolidated
class
Royal Bank
St
Sep
1.70 Mar
12c
Merger
St Lawrence
Jun
100
10
25c
34%
A.
Roybar Chibougamau
Rupinuni Mines
Russell Industries common.
San
MacLeod-Cockshutt
MacMillan Export class A
Class B
Gold (1936).
Rochette Gold
•
July
13c
18c
.73
4,000
8
27c
Gold
7,000
1.45 May
1.00
Gold
♦
Goldfields
Yellowknife
Macassa
A
1.40
Jun
25c
72c
__
1.16
--
—
10c 11'Ac
21'Ac
__
•
__
Louvicourt
Lunward
class
23c
l
Little
3
284
2b V2
5
Norpick Gold Mines
Lapaska Mines
*
May
Jan
22c
1
Gold
65
_
Porcupine Reef
*
Mining-
Mines
Lamaque
2.03
16%
(1945)
Shore
Lake
La
2.07
12% Mar
3.805
3,600
4 100
13,225
15%-
945
284
1
Mines
Normetal
Parbec
JlL -1
Mines
Fortune
Lake Rowan
Lake
1.00
16
*
n ing f$ ^Exploration A2
Laguer^'-doltf'
Lake
22c
90c
1
:
■
Townsite
Lab raddiy
19c
90c
1
Gate
Lake
Kirkland
20c
1
1
Golden
73 %
14c
Jan
Gold
Kirkland-Hudson
13
72c
22%
Sep
7 2'A
Jan
Jan
Jan
7'Ac
15
25%
Mines
Sep
12'A
42c
8%c
810
Jan
10.50
Sep
1,035
16
Mines
Apr
2*5
9'Ac 10%c
1
43c
46c
20
Gold
Nipissing
Kelwren
Mining
3%
15'A May
225
40c
15%
*
common
__
Norzone
Feb
Kenville
Kayrand
16% May
7.90 May
5,115
73
1
_.
preferred_
Yellowknife"
47c
305
2,902
855
50
55c
15%
15%
Apr
46c
1
__
_
Bidlamaque
45%
26
50c
8.25
—
Mines
Jan
1
_
Negus
May
29c
40
1
1
Jellicoe. Mines
7.95
V
Petroleum
Nicholson
19'Ac
1
National
Nib
38c
1
Oct
July
14'A
13 V2
14
7 %„
7%
__
Sep
1.75
100
__
_
Lac
Calumet
New
13
•
M nes
Joliet
Oct
12%
1
Preferred
9.50 May
17
42c
•
15%
National Steel Car
10
32
130
800
15%
25
Drug
July
112
103
5'Ac
16
2%
_
Grocers
18c
50
34'A
Jun
2,000
16
•
Mines
Mvlamaque
Jan
5c
30%
Long
8c
12'A
103
Mining
Oct
12%
__
14 %C
Feb
Feb
42%
33%
Jacknife Gold
10
3.267
1,690
3,000
38c
Feb
Feb
2'A
7 %c
15%
1
•
preferred
Brass
National
Jan
64c
103
Uranium
Feb
1.40
6'Ac Aug
33%
Petroleum
Feb
Aug
24'Ac Aug
38c
62c
20c
8.25
-
_
prelerred
National
1,500
•
common
35c
Oct
9c
9
325
5,615
3,760
•
Nickel
1.45
75c*s Aug
4,200
100
Preferred
International
Jack
__
AVc
Morrison
Mosher
32c
9c
May
Feb
8'Ac
9'Ac
Ingersoll Machine class A
Inspiration
Apr
21'AC
25%
13%
30c
11%C May
16
*
common
Porcupine
Class A
Apr
15c
13%
4%c
Jan
41 %
4%c
26
May
47 V2C
2'A
7'Ac
•
Moore Corp common
Jan
12
30c
13%
Indian
65c
18c
May
7c
Feb
112
10
Moneta
18c
12'A
Imperial Oil
•
Imperial Tobacco of Canada ordinary_5
Preferred
9'A
8%c
100
8c
Feo
2c
1,000
Sep
May
94c
3,600
13c
Jun
67%
4.000
35c
17'Ac
Jan
47Ac Mar
9'Ac May
1,800
__
Jan
97c
4.00
42 %
Mar
May
3.90
•
common
10c
9% May
500
1
Erie
20
Jun
9
H
Montreal Locomotive
25
1,745
*
class A
__
__
Mining Corp
Monarch Knitting
8c
10c
34c
3c
13c
34c
_
9
3,100
11%
33c
..
_
Aug
18'A
33c
_
Grain.
Pacific
&
July
10c
1
1
__
*
Brick
Milton
24c
11%
32c
Gold
__
Oil
Mid-Continent
13'A
18'A
3.90
Lake
Red
McMarmac
95c
11%
__
4,600
33c
$1
McWatters Gold
900
730
21,150
\
11c
10c
Sep
4'Ac
2,100
18'A
1
Malartic
Huron
10\
May
19
11.65C
l.fcd'
1.03
1.03
11 ; 13 V2
32c
33c
__
1
Howey Gold
Hunts Ltd
12c
5
Mines
Hudson Bay
V6c
9c
9c
•
Gold
Hugh
May
99c
1.07.
*
Mines
Yellowknife
Hosco
35c
*
Gold
Oil
Homer
May
10c
i.
Jan
July
13
300
"T/7C
4,700)
59c
62c
Jan
54
745
62c
6'Ac
1,500
65
3c
Lake
9'Ac
Jan
16'A
May
11c
__
*
Sareee
57c
6
15c
33c
Dauch
&
Sep
31c
2,250
15c
Red
Gold
Midland
11,110
i3V2
Hoihnger Consolidated
13
2c
39c
Mining
Highridge
8% May
1,000
7'A
1
•_
Aug
3%c
10 'A
McKenzle
High
Low
9c
63%
64'A
Mincs__^_
Porcupine
Mclntyre
Range Since January 1
High
Jun
11
19
700
466
150
1,500
7
*
Paper common
47'A
Sep
3%c
Mines
Gold
Heva
Sep
10
36c
14
20
6%c
10
1
-
44
11V*
36c
____1
Hendershot
13'A May
Oct
10
1
Gold
Hedley
Feb
19
37c
1
Mines
Hasaga Gold
Heath
16c
7'A
1
Gold
mmcana
9%c Aug
6%c
__
♦
Carpets
Harker
500
4,314
550
•
___
Gold
12c
19
45%
10%
■
Low
$
McDougall-Segur
McLellan
25
Shares
Feb
145
1
Bridge
Rock
Hard
Harding
Jan
21%
20
13'A
20
—
1
Gold
55'A
19'A May
36c
13%
20
0
i
Jan
Sep
52%
11'A
—
—
*
preferred
Swayze
Hatliwell
—
•
1
common
_
July
Sep
12c
18%
45
10%
18%
45
•«
Coal
West
50
46c
113
for Week
of Prices
Par
High
May
95
Range
Sale Price
STOCKS—
20
—
*
•
preferred
Great
17c
260
53
Sales
Week's
27.500
36c
112
—
1
A
17
Last
Low
52.»/a
__
OCTOBER
ENDING
Range Since January 1
High
' 105
107
*
Preferred
32c
36c
Shares
of Prices
.
Low
Par
WEEK
FOR
Sales
for Week
Week's
Friday
MARKETS
LISTED
CANADIAN
RANGE
Monday, October 20, 1947
& FINANCIAL CHRONICLE
COMMERCIAL
Shawkey Mines
Shea's Winnipeg
1
Brewery class
Sheep Creek Gold-——
;
8herrltt-Goraun Gold Mines
Sicks'
Breweries
common
Voting trust, ctfs—
i__
Mines (Quebec)^--—
Sigma
Silknit
Ltd
common
rJ.
Sliver Miller Mines.—
19c
i8c
10%
A—__*
19c
10%
15'Ac May
4,000
10%
70
50c
1.02
1.02
1.05
1
3.10
3.30
•
14%.
1.65 Jan
2.06
31,848
Jan
5.35
Apr
.May
1
345
12%
205
12,
9.30
415
14
44c
15
14'A
9.00
0
14%
14'A
1
Sep
1.00 May
1,000
3.20
43c-, Jan. <13% Jan.,
14
40
33c 44 'Ac
207,550
.
8.75 Aug
t-
12% Apr
24'Ac
Sep
15%
15
'
•
Feb
Oct
July
10 V*Feb.
19%
Feb
t52o,
Feb
>
Volume 166
THE COMMERCIAL
Number 4639
.
& FINANCIAL CHRONICLE
CANADIAN
RANGE
Week's
Friday
class
Shares
Low
12'/a
•
Low
12%
100
26%
2534
27
485
22
20%
22
923
46c
48c
1,500
45e
43 Vic
*
43 Vic
46c
1,600
36c
100
102 103 %
29
(George)
Gold
Preferred
Sladen Malartic Mines
:
1
Southam Co
♦
Springer Sturgeon
(1944)
Standard Chemical com
19%
20
395
1.32
__
•
Mines
Stadacona
1.39
3,900
1.37
*
68c
17
20
Apr
91c
67c
72c
9,009
50c
May
•
8Vu
7%
b'/8
1,330
7
May
——•
5%
5Vi
5%
975
—*
20
20
20
'280
6
6
100
5
10%
10%
10%
75
10
28,600
55c
May
__
Paving
Preferred
com
.
Standard Radio class A
*
a,
Stanley Brock class A
Starratt Olsen
Gold
1
95c
79c
95c
14 Vi
74%
75'/a
common
Preferred
79
79
79
15
Steeloy Mining
Steep Rock Iron Mines—.:
Sterling Coal
__
•
,
1
Gold
Sullivan Cons Mines
23
Aug
8
Jan
May
12
Wool
Feb
Apr
Apr
1.06
Sep
89%
10c
22
Aug
9
21
100
600
17c
4,000
2.05
28c
2.65
2.30
2.20
21
Jun
1.70 May
Combing
Yellorex
:
_e_
Ymir
Mines
14c
10.000
10c
Aug
21c
Apr
18
17%
18%
97
97
19c
19,500
2.30
1,440
31c
May
1.98 May
12c
Yankee
„1
—
26'/a
50
1
3.90
3.90
4.10
4,605
*
56c
54c
58c
19,300
35c
May
26Vic
32c
31,700
26c
Oct
18
75
17Va
Oct
21
22c
25c
1,100
11%
11 Vi
CO
11
172
172
3
170
72c
73c
3,500
Toronto
Elevators
*
Toronto
General
Trusts
25c
100
Resources
•
73c
20
870
Andian
National
Asbestos
Jan
C8c
Oct
1.00
Feb
28%
Sep
4.25
Jun
62c
16c
13%
Week's
Jan
Sep
12
Feb
Jan
180
Canadian
Feb
Canadian
10%
Feb
Oct
30c
Jun
190
Mar
16 Vi Mar
Range Since January 1
High
Low
High
9%
50
Jun
15
Mar
26
26%
250
26
Oct
31
Feb
76
73
77
290
43
May
77'
Oct
6 Va
6
6%
14,634
3
Mav
102
107
475
12%
25
*
com
8%
1
12c
12c
1.000
8c
21c
Jan
May
Disher
Dominion
18 Vi
18%
560
17 % May
21
Feb
48
48
100
42%
49 %
14 %
1,095
14%
Oct
9c
9c
1,000
21c
Jun
Oct
Jan
15%
Sep
20
39
Oct
43
Feb
75
21
Jan
25%
Feb
2
2%
1,300
Jun
3
Jan
30%
inn
_
39
23%
32
155
36%
Apr
--
*
146 % 146 %
--
2
26
Mar
20
130 Va Mar
950
45
2% Aug
37% Aug
50
8,409
14% May
20
Oct
4
May
155
Oct
2%
3
38
38
19%
19%
20
2
2
2%
145
32
31%
32
135
100
100
40
20%
20%
795
2.50
2.50
1,000
23
24
65
20
Jun
30
Feb
May
€2
Oct
*
•
*
_
1.75
2%
__
Paper
__
*
Bridge
12%
Oct
108
23
23
i
_
Lumber
common
67% May
2
Feb
3%
Oct
Mar
30%
Sep
37
Feb
92
Jan
100
Oct
Feb
14
12%
•
common
Westinghouse
Steel
—
6%
39
_
_
_
—
14%
__
Apr
5% May
6%c
Jan
8%.
8%
8%
_
Textile
Donnacona Paper
Foothills Oil
_
_
a
common
--
*
20 '/a
_
*
*
<■/
Hayes Steel
_
_
—
.
14% May
1.90
20%
Oct
3.00
Jan
Jun
Feb
975
7% May
I
2.35
2.28
2.35
6,550
2.00 May
2.65
Jan
Ventures, Ltd
•
7.30
7.30
7.50
1,278
7.25 Aug
12
Feb
Paper common
Minnesota & Ontario Paper
Waite-Amulet Mines Ltd
•
4.55
4.50
4.55
2,761
4.20 May
4.95
Feb
Oil
21% May
28%
Oct
9%
Oct
Upper Canada
Mines
Walker Hiram
(G & W)
•
27
26 Vi
27
5,030
*
8%
8%
9%
75
10
International
Selections
Ltd
common
Class A
Wekusko
Westeel
*
Consolidated
1
Products
Western
Grocers
0
*
common
Preferred
Class
For
100
A
*
footnotes
see
page
14'i
14%
28c
—
25 Vi
Jun
14
25
32c
45
*
62
2,575
41
23%
24%
2,975
15% May
4%C
4%C
6c
7,000
4%c
Sep
2.00
2.00
400
1.75
Sep
66 Va
66%
10
61
_
2.00
1
-
a
_
_
_
_
—
15
July
Southmount
•
39c
50c
July
23 % May
Mar
Southwest Petroleum
0
25c
Sep
Temiskaming
1
25%
85
25
Aug
38 %
Feb
34
34
200
34
Oct
36
Jan
35
„
__
35'i
60
23%'
•
.
Oreille
Bros
_
•
29%
Sep
20c
5,800
28 %
28%
__
7
Pend
Price
Wat.erous
35 %
230
35
Oct
39% Mar
Invest
Mining
Thayers Ltd
25c
CERTIFIED
RATES
BY
OCTOBER
25
8
35
Monetary
FEDERAL
10,
1947
TO
RESERVE
BANK
OCTOBER
16,
Buying
Rate
Value
Oct. 10
Reserve Banks Combined(•
thousands
(In
TO
1947,
Jun
TREASURY
UNDER
TARIFF
ACT
OF
Australia, pound--
for
in
Cable
United
Transfers
in
New
York
Oct. 11
1
3.212133
Oct. 13
1
Oct. 15
$
$
$
.2 9 7 733*
.297733*
.251247*
for
+
60,000
+
2,779,65
R.
F.
.251247*
Brazil, cruzeiro
.054406
.054406
84.58
Govt,
S.
.901406
.899062
.569800*
.569800*
.020060
Colombia, peso
.900000
.020060
.569800*
F,
Denmark, krone
.208604
Holiday
4.0314C6
■<»
Uncollected
Bank
—
—
107,78
—
71,550
of
—
+
—
securities.
22,217,588
—
securities.
22,368,001
—
banks
395,02
10 000
192 S:
12,000
47,6d
137,850
-l,200,6t
103,471
-1,305,13; 3
6
98
banks—
items
;7
+
1,042 452
379 4«
+
""521
8910
+
54 3
33,245
premises
52,788
assets
~
720
125,398
3,459,153
other
565 21
64,300
.020060''
.208604
.208604
.4.031484
2,48(8
497,300
and
foreign
notes
Other
—
+
707,690
from
R.
819
649
7,098,966
loans
Total
1.000000
+
13,913,632
Bonds
Due
1.000000
CO
2,482
-
Total U. S. Govt,
1.000000
34,968
+
securities:
Notes
Clanada, dollar—
j Free
purchased
18
+
1,910
Certificates
1
38.940
+
146,021
advances
Bills
.054406
Holiday
reserves
loans
Acceptances
.022823
Holiday
ctf.
and
Industrial
3.212133
.022826
Closed
2,864,2434
695,428
gold
Discounts
U.
3.212296
4.031328
+
245,913
fund
Other cash
Oct. 16
Oct, 14
.022821
Closed
60,000
20,209,670
notes
3.212296
—
$
$
+
20.905,098
certificates
States Money
.251247*
Closed
Total
4.031406
47,189,694
assets
+.1. .000.240
+
24,553,381
20,193
bank—reserve
acct.
17,228,922
86 95f
+
Treasurer—gen.
acct.
835,730
332,310
73,697
+
484,801
875
.0084,07
.008407
.008407
.008407
Federal Reserve notes—'
.301717
—
.301604
.301604
.301604
Deposits:
.205768
.205768
.205768
Netherlands, guilder
.377530
.377597
.377608
U.
—
3,3:
'
Member
Mexico, peso
1,824.7
Liabilities—
"
France (Metropolitan) franc—.
16,
1946
1947
S
Assets—
Belgian, franc
England, pound sterling
f
Oct.
Oct. 8,
1947
1930
Gold
.251247*
-
li j$
dollars)
Increase ( + ) or
INCLUSIVE
Official
Free
of
We
.297733*
$
rupee
1.45
Decrease (—) Since
Unit
Argentina, peso—
Jndty' (British),
Oct
Oct
36
.
Oct
Statement of Condition of the 12 Federal
Total
Czechoslovakia, koruna:
Jan
10
Jun
Oct. 15,
Noon
Official.
Jun
12c
May
50
200
1.05
July
45c
36
10
Jan
42c
Jan
Aug
1.05
10
Redemption
and
3.4C
87% July
6%c May
36
1.05
1
Apr
42.
.
Country
20c
Oct
8c
1.05
_
Secretary of the Treasury the buying rate for cable transfers in the different countries of the world.
EXCHANGE
23c
500
2,000
give below a record for the week just passed:
FOREIGN
24%
52% May
646
40c
10c
a
_
Consol
Pursuant to the requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily
to the
39c
25c
8 %c
—
:»
common
Preferred
Yukon
Foreign Exchange Rates
1
Jnn
9%
..
common
_
Consolidated
Dominion
!
May
-
Shares
Low
9%
_______
Western
Union
.
19c
for Week
«■
Vickers
Preferred
Oct
Feb
1.10
May
Canadian
16
•
Jan
Sales
Range
common
Canadian Marconi
30c
8% May
J
_
_
Industries
7% May
Steel
Jan
3.40
10c
50
of Prices
1
Bronze
200
*
25%
3.3%
1,200
14,525
„
13%
Oct
Exchange-Curb Section
inn
Vinegars
1,843
Oils
23c
10%c 10%c
13%
_
Pulp & Paper
Canadian
10
25
_
Canadian
Feb
Mar
9%
preferred
_
_
common
9%
18%
Aug
2.70 May
Sale Price
_
Preferred
Canada
Aug
58c
Co
9 Vi
0
July
20c
Oct
3.20 May
Brown
9%
50
_
Columbia
9%
preferred
Oct
101
Feb
26
Corp
•
Corp class B
18%
Oct
May
19
Last
*
Mining
Jan
7c
30
3.10
21c
io%c
___*
STOCKS—
City common
tJnion Gas Co
Twin
Aug
Canadian Funds
Mar
65c
17Vi
•
13%
96
30
20
21c
Girl
Toronto Stock
British
26 Vi
__
.
1,500
3.05
„
3.05
*
Jan
2.75
26 Vi
30c
2,725
98
lOc
__
5
York Knitting common
Mar
2.85
5,700
Gold
United
Jan
13c
l
Oct
27c
'May
71c
Tombill
United
29c
Aug
60c
1
B
July
14c
~
Feb
15%
68c
__*
Class
10c
Par
2.15
22c
Mines
A
1,000
100
%c Mar
Jun
18
22c
25c
Tip Top Tailors
class
20c
12c
Jan
Mar
1.75
*
Tan.blyn Ltd
common
Teck-Hughes Gold Mines
Thcmpson-Lundmark Gold Mines
Fuel
7%c May
12c
Jan
22c
2.15
Jan
Jan
78
*
•
United
12,000
Feb
108
Sep
Jan
17%
83
20%
__
__
1
River Gold
United
Ucl2%c
304
1
High
31
Sep
Feb
Oct
45
1
Sylvanite Gold Mines
Transcontinental
65
•
common
Preferred
Feb
8
137/e May
6,725
11
50c
Surf Inlet Consol Gold.—2
Ihurbois
2.39
11
104
Low
26%
Jan
74%
1,000
2.30
—
*
Sturgeon
Taku
2.36
104
Friday
Stuart Oil preferred
River
15Vicl5Vic
__
1
100
585
12c
..._1
Winora Gold
Oct
9%
19
170
*
Canada
27
104 1
1
Wingait Gold
Winnipeg Electric
Oct
78c
5Va May
25
75 Vi
25
Co of
14Vi
•
Stedman Bros
Steel
~
*
2c Vi
Range Since January
High,
1
Wright-Hargreaves
Standard
Shares
27'
100
Wiltsey-Coghlan Mines
Feb
1.45
May
Sales
for Week
Apr
54c
Aug
>,,s,.
Range
of Prices
Jan
106% Mar
May
Week'*
{..j
Low
•
common
Winchester Larder
Siscoe
Friday 9
Sale Price
Par
Weston
13% July
32% Jan
19% May
102
Oct
80
STOCKS—
High
11% May
24 Va Jun
46c
Class B
Preferred
17
Last
Range Since January l
High
12'/a
41
MARKETS
OCTOBER
for Week
*
Simpson's Ltd class A
ENDING
...
Range
of Prices
Par
t
Silverwood Dairies
LISTED
WEEK
Sales
Last
Sale Price
STOCKS—
FOR
(1613)
S.
Foreign
-—
Other
-
1.087,0'
#<ii
311,6
207,C|3
20,494
+
155.7
j
Total
(Newfoundland, dollar—
{ Official
Deferred
Closed
Holiday
Free.
^ew Zealand, pound
korvfoy,
3.225000
1.000000
.897500
3.225166
3.225166
.201580
.201583
.040269
.040269
.091324
.091324
.091324
.091324
.278250
.278228
.278200
.278200
.233628
.233628
.233628
4.007500
4.007500
4.007500
.201595
r__
Peseta
.
Sweden, krona
Switzerland/franc
Union of South Africa, pound
Closced
Holiday
Total liabilities & cap. accts.
Ratio
of
serves,
note
peso—
Controlled
—
—
Noncontrolled
•Nominal rate.:
+
1,347,3X3
£84.036
+
419,5; 9
355
+
+
998.219
+
193,750
439,823
27,455
52,306
Capital Accounts—
Capital paid in
Surplus (Section 7)
Surplus (Section 13b)
Other capital accounts
I
Uruguay,
6,365
+
+
+
+
1,990
47,139,694
+
1.000,240
18,881,763
3,020,589
20,627
8,1:2
1,771,2
3.225000
.201580
items—
accrued divs.
liabilities
Total
Holiday
availability
Other liab., incl.
.896666
.040238
krone
Portugal, escudo
fepaln,
Closed
1.000000
.898958
|
1.000000
46,476,360
deposits
.658300*
.562040*
.658300*
.562040*
.658300*
.562040*
.658300?
.562040*
gold
certificate
9.251
31
31.4$3
37 2
+
1,824,7
re¬
to deposit and F, R.
liabilities
combined—
liability on bills
purchased for foreign correspondents
:~Commitments to make indus¬
48.1%
+
0.1%
Contingent
5i
i
"""
trial loans
———
1
3.036
7,326
47
ri
—
52
1,07.3"
4?
(1614)
THE COMMERCIAL; Si FINANCIAL, CHRONICLE
.
.U-.
I,
-UJU
Monday, October 20, 1947
j'l'l. UU'l'l'lI11 I'lJMJ
OVER-THE-COUNTER MARKETS
QppUtiqns
for
Friday,
October
17
Reorganization Rails
Mutual
Funds—
Inc
Fund
Standard Oil shares-
Loomis Sayles Mutual Fund
•
Loomis Sayles Second Fupd—10
17.33
Managed
6
4
1
Automobile
Paper
96.62
100.65
22.09
1
20.43
17.50
18.68
1
3.85
4.95
*
28.46
30.30
13.98
15.12
Bond Inv Tr of America
5
Boston Fund
Inc—
Broad Street
Invest Co Inc
Eullock Fund Ltd
18.92
19.81
5.50
Century Shares Trust
1
Fund
Chemical
com—100 3,040
Securities
Christiana
3,140
147
152
100
Preferred
5.93
1
Commonwealth Invest
6.45
6.11
103.65
15.50
16.76
25c
Shares
Dividend
1.46
1.61
shares
shares
4.47
Common
7.35
Industrial
Financial
1
25.78
27.87
1
11.63
12.57
10
14.26
Boston
Corp
Nation-Wide
Balanced
Inc
Bond
11.06
Insurance
Par
Bid
10
74%
77%
10
10
45%,
47%
Insur
30
41
64
First
Mutual
Trust Fund
4.54
5.02
Aetna
Industrial stock series
6.60
7.37
Agricultural
25
Low
priced bond series
6.53
7.19
priced stock
3.91
4.40
American Alliance
7.53
8.32
American
10
4
3.98
4.42
American Casualty
3.38
3.77
American
common
24.69
26.69
Stock
series
York
5.30
Stocks
5
5.32
5.91
2
13.97
15.31
Automobile
A—2
5.86
6.71
Corp
*
42.83
46.Q5
Trust
1
5.48
5.88
Trust
16.39
Life
Prior
35%
5
10%
11%
Massachusetts
Equitablei
5
American Fidelity & Casualty_5
15%
16%
Merchant
12%
Merch
American
Reserve
11.65
7.65
Aviation
Eankers
11.41
Boston
12.21
Camden
6.10
Diversified prefeired stock
Diversified
Industry
11.14
5.62
_
7.24
11.40
12.49
City
9.54
Electrical
8.65
9.48
9.34
equipment
6.13
8.24
Metals
7.67
8.32
Oils
7.70
8.35
Pacific Coast
Institutional bond shares
9.46
9.93
Investing
7.75
8.45
Railroad
6.82
7.40
Railroad
8.08
8.76
shares
Food
Administered
Fully
Machinery shares—
Industrial
shares
Price
Low
shares
bond
General
Merchandise
———
snares
Utility
2.71
Putnam
5.05
Republic
4.62
5.85
Federal
Fund
Invest
Inc
Selected
Fireman's Fd of San Fran
9.32
11.55
of
Phila
16.38
3.67
28.31
Standard Utilities
11.48
12.42
6.59
7.22
preferred
Great
American
Common
Fund Inc
10c
. _5
<*.
Incorporated
Investors
1.69
22.97
Insurance
Stock and
Bond Group
9.29
78c
94c
14.06
Group
Group
Investment Co of America
shares
10
30.62
13.92
Management Fund Inc—1
Invest
10.18
87c
1.04
28.17
sharesshares
Group shares
Aviation
Hartford
State Street Investment Corp
Trusteed Industry Shares— —25c
48.50
51.50
15.41
14.22
Keystone Custodian Funds—
79c
21.52
18.10
6.11
Union Common Stock Fund B
Union Preferred Stock
1
9.72
17.65
1
7.86
Si Paul
Seaboard
14%,..,
16 %
Security
39%....
7%
41%
20
80
84
2.50
6.73
7.70
Trustee
Fire & Marine
Accident
Travelers
Independence Trust Shares
North
•
2.37
2.67
Amer Trust Shares—
24.11
Series
1955
1
3.45
28.69
Series 1956
1
Fidelity & Guaranty Co
S
Fire
U
S
Guarantee
_
Westchester
36%
Fire
26%
356
10
100
40
103
108
Central Hanover Bank & Trust 20
97
100
jankers Trust
Brooklyn
Trust
.
42
Fulton
Grace
Trust
Bid
Par
Stocks—
Ask
Clopay Corp
Guaranty
Ask
Trust
.
_
38
Chemical Bank & Trust
10
41 %
41%
43%
Morgan
lo
16
17
National
56%
71
57%
75
New
210
263%
272%
15%
16%
100: ,525
1,575
43%
20
180
190
100
.
160
100
10
__
__
Irving Trust
Kings County Trust
Lawyers Trust
36
Trust Co
Empire Trust
Federation Bank
50
10
First
National
17
10
Trust
&
Fiduciary Trust
37%
100 1,280
Bank
_25
Manufacturers Trust Co
Bank & Trust_20
Corn Exchange
20
39%
1,345
1977
96
2%s—1972
1972
1977
99
if
$1.90
99%
101
99%;
New
100%
V
Ohio
Laclede Gas
(J P)
Sterling
Title
20
England
91%
94 %
Trust.-17%
39%
41%
&
_
25
_
70
9%
Trust-—12
Trust
600
-100
75
10%
Bank Bonds—
Bid
100.6
99.18
100.4
103.4
1950-1948
1%S May 1, 1952-1950
1%S Jan. 1, 1953-1951
Oct.
1,
2%S Feb.
1,
1 %s
1955-1953
Ask
100.10
99.22
100.8
103.8
Federal Home Loan Banks—
Service
1st
Brook
Scranton-Spg
Toledo
Utah
Other
Power
630
100.1
124%
125%
13,
20,
November
December
Quotations For U. S. Treasury Notes
JOct.
15,
Int. Rate
1,
Bid
„—_1%% 100.4706
1948
1948
1% 100.0273
Ask
.4886
,0461
Maturity—?
:
Dollar Price 100 Plug
Maturity—
of
Indebtedness—
t%8 NOV. 1, 1947"
t%s Dec.
t7As Jan.
1, 19471, 1948
1—
L'
—
Bid
Ask
100.0039
100.0137
,0121'
100.0133
.0219
.0229
87 %
89 'A
Container
"A"
1
6
6%
1
4%
4%
6%
1
101'
it
v ;
,
7%
Stores
102%
..97
"A"
Corp
Auto
~99%
.
96
98 %
100%
'
98
t ■
*Ji.
fer discount at purchase
28,
Bid
Ask
%75
0.66%
b0.76
0.66%
December
,bQ,77.
0.70%
December
December
IS& 0.70%
1947
1947
1947—
January
1947
11,
1947
18,
bO/7?
0.70%
January 8,
bQ.79
0.72%
January
15,
Ask
0.76%
b0.82
0.77%
b0.82
0.78%
1948
1948
b0.83
0,.79%
b0.85
0.81%
1948
b0.85
0.81%'
25,
2,
b0.81
1947
I 0.75%
4, 1947
va>wr
'
=3
point
Dollar Price 100 Plus
Certificates of Indebtedness—
t%S Feb. 1,
1948
tvas Mar. 1, 1948
t7/«S ARr. 1, 1948
t'/as June 1, 1948
iVaS July 1, 1948 Series F
tyas July 1, 1948 Series G—
*%S July 1, 1948 Series H—
%S Oct. 1, J8£&——
—
Certificates
54%
100
99 %
1947
6,
November
Maturity—
98
October 23, 1947
October 30, 1947
November
Sept.
101
53%
100.3
November
a
99
50
98
Treasury bills1961
pfd
(Indiana)—
100.4
100
Panama Canal 3s
4
White
Ratea quoted are
Ask
Issues
Figures after decimal point represent one ox more 32ds of
Tucker
98 %
96.L;
1977
27/eS__1976
1977
& Light 2%s—1976
96
98
.
98
27/aS
Co
Edison
94
100
preferred
preferred
97%
(Colo)—
Co
mtge
104%
100
United States Treasury Bills
Bid
1%S Apr. 15, 1948
1%S Sept. 15, 1948
96
1976
3.50
101%
101%.,,
3s_1982
Pennsylvania Electric 2%s—1976
Philadelphia El Pwr 2%s_—1975
27/8s
102%
52%
Elec—
&
Bowes 4%%
Seaboard
Public
53 %
Service—
preferred
2.10%
1980
& Light 3'As—1977
Pacific Pwr
51 %
52%
100
Gas
preferred
Public
Pitney
& Elec 2%s
Pacific Gas
42%
25
NationalStates
54
253
40%
Trust
Guarantee
52
247
12%
Public Nat'l Bank &
United
51%
100
_.
& Co Inc
City Bank
York
43%
England Tel & Tel
Ohio Public Service 2%s
New
10%
•
•
Pennsylvania Electric—
1965
Light 3%s
Ask
94%
9%
Power—
preferred
4%%
1976
1976
1977
2%s
Service
Bid
93
98
98%
3%s
Power & Lt
Obligations Of Government Agencies
Federal Land
71%
—
1
Connecticut Light &
lOO'/g** 100%
lOO'/W 10O%
1976
Public
Iowa
100
National
15
Commercial National Bank &
%
33%
Birmingham Elec $4.20 pfd__100
2%s
Light
Illinois Power Co 27/8s
Par
Chase National Bank
Continental Bank & Trust
52
68
973/4
Public Service
24%
44
49
2.50
$2 preferred
Paso
Kentucky Utilities 3s
Ask
341
42 %
97
Electric 2%s
Duquesne
City Banks & Trust Cos.
100
2
Security Issues
3.90%
Manhattan Co__10
_
97
1982
3s
the
__
96%'*:-
2.84
Florida
of
32%
575
560
4
S
U
_
46%
10
U
26'A
1967
Cudahy Packing 2%s
Detroit Edison 2%s
Firestone Tire & Rub
Bank of New York
_100
27%
30%
10
_
50
44
new—10
_
%
25 %
,._10
1977
& Lt 27/8S
Arkansas Pow
El
Bank
73
70
47
10
__
Standard
109
Bid
Bonds—
22.11
Bid
18%
12%
_
Haven
28%
26%
Recent
Shares—
E
26.30
Par
Surety
New
Sprgfld
8%
Unit Type Trusts-
Series
New York
5
28
24
8.61
Inc
World Investment Trust
Diversified
-
20%
28%
33%
16.54
18.05
S-l
4
17%
14%
18%
26%
24'%
19.26
15.38
29.11
Series
Fire
9.92
1
1
Fund
25.76
Series K-2
Fire & Marine
11%
( N Y)
(Texas)
22.59
Whitehall
16.55
9.87
(Paul)
26
10
Revere
2
10
Reinsurance Corp
8.57
20.67
Investing Corp
Wellington Fund
23.62
19.53
33%
6.68
7.83
Fund
Wall Street
27.83
9.04
31%
19.79
C
Series B-2
17.90
4%
10
22.19
B
Series
Series B-3
Series B-4
Frovidence-Wasnington
83
3%
88c
Series B-l
Series K-l
71
51%
79
5
Republic
lnspect_10
Hartford Steamboiler
104
48%
51%
104%
Fire
100
10
Accident
90%
5
85c
10c
Series
Securities Ltd—
Institutional
Bank
1.74
24.83
Preferred
55
10
77c
Union Bond Fund series A_.
Income Foundation
25
__
149
10
Hanover
71
_10
_
52
5
com—15
15
Republic
7
69
_
86%
5
Fire
Falls
Glens
Globe &
6
Co
.
10
& Marine
Fire
Gibraltar
51.70
__1
Indemnity
5
2nd
•
2%
.
Shares
Fire
Pacific
10
Fire
General Reinsurance Corp
Glpbe & Rutgers Fire
Investors
Pacific
144
5
Newark—
of
Firemen's
Franklin
12%
25%
5
—
31%
...
48 %
24 %
12.50
_
10
Fire
Assn
68
20%
10%
2.50
....
10
Fidelity & Deposit of Md
3.34
1
48%
20
7.15
8.49
26.33
Fund
new
Amer
Sovereign
Group
5.88
15.23
Berg Fund Inc
Scudder, Stevens & Clark
29 %
10
20
1
Russell
5.69
5.39
_
Employers Reinsurance
10.54
&
Trading
(Geo) Fund
4.80
4.25
—
_
shares
15.68
12.20
8.50
5.24
shares
Tobacco
31
*
10
Employees
7.75
Tobacco
Petroleum
4.65
_
_
stock shares
shares
48
28
18%
46
74
Thoenix
6.52
equipment
Steel
5.73
7.76
4.42
Equipment shares
Railroad
Steel
8.83
46
29%
5
_
Northern
5
Crum & Forster Inc
River
16 %
.
—
_
Northeastern
10
Continental Casualty
12.15
5.37
Utility
2.48
shares
Bond
Public
5.28
—
_
shares
Petroleum
RR
_
Hampshire Fire
27%
10
Brunswick
New
22%
5%
32
2
Casualty
29%
10
Amsterdam
5
New York Fire
14%
14.31
Fund
Invest
21%
5
2
_
„
New
5%
'
71
11.13
.:
7.15
Mining shares
Railroad
shares—
Machinery
_
73%
60
11.27
8.06
Merchandising
7.60
—
_
10.24
10.28
stock
7.39
11.52
5.65
Equipment
_
64
,
70%
10
Life
General
11.09
Insurance
6.81
10.63
Electrical
Liberty
10
York
of New
48
Fire
National Union Fire
5
Fire
Connecticut
45
National
National
13.73
8.80
shares
Building shares
Chemical shares
12.53
6.67
shares—
Diversified Investment Fund
lo
18%
34
North
8.16
6%
29
57
5
5%
4
__
30
28%
27
16%
25
Shippers
&
Y
21
28
26%
new—5
5
N
13
51%
20
5
(Detroit)—10
Casualty
31
10
7.52
Agricultural shares
Automobile
10.51
11.65
Fire
12
49%
10
—
Assur
55
2%
Baltimore Amdkican
9.59
Bonding
Fire
Mfrs
National
New
10.75
37%
17%
28%
;"
10.82
10.63
97
34%
1
common
lo
,
25.%
94
20
preferred
preferred
25
10
Automobile
9.87
15%.
26%
10
American Surety
9.00
11
2%
Reinsurance
Corporate bond series
Group Securities—
Newark
of
American
23%
10
Convertible
8.21
Building supply
America
Casualty
Maryland
.
20
Chemical
General Investors
5
North
of
67
v.i~
•»
6.98
stock
~
Par
Co
18
10.63
-
Ask
33
Automobile
American
Aviation
Bank
5.88
15.28
1
Inc—
Agriculture
Inc
Investors
Fundamental
Capital
;
New England Fund
shares
Fundamental
General
Aetna
New
Ask
Jersey Insurance of N Y
7.56
Speculative series
2.13
Bid
Home
Insurance
6.88
Selected group series
37%
62
Companies
Aetna Casual & Surety
1
series
16.50
1.95
28
60
14.77
10.23
shares
National Investors Corp
National Security Series—
26.22
!34%
preferred
Securities—
15.43
10
5'/c
15.58
13.75
Mutual Invest Fund
24.53
*
Inc_
Fund,
First
•
100
Common
8.05
Mass Investors Trust
1
Fidelity Fund Inc
82
Inc—
________
1
Fund
Balanced
Stock Fund
104
80
4.93
10c
Manhattan Bond Fund
Preferred stock series
& Howard—
Eaton
102
-
2019
4%s
income
Low
1
Fund
Ask
26
5.65
Conv
Income series
Delaware
Bid
Chicago Rock Island & Pacific—
4.48
4,76
Stocks—
Ask
50.00
4.06
Bid
Bonds—
Chicago Rock Island & Pacific—
1st 4s
1994
105.66
49.00
shares.
Petroleum
Mass Investors 2d Fund
Inv Fund Ltd
Canadian
5.16
Funds-
4%
5'A
1
Beneficial Corp
Elair & Co
and if issued)
13.46
4.72
Knickerbocker Fund.
15.81
12.33
9
7.76
15.94
as
Ask
14.49
Series S-3
Series S-4—
8.39
8V«
Axe-Houghton Fund Inc
Axe-Houghton Fund B
1
Series S-2_
o
4.41
Bid
Keystone CRstodian Funda (Cont)—
4.51
4.03
(When,
Par
32
30
1
American Business Shares
Associated
6.08
4.12
10
Holding Corp
Amere*
Ask
5.54
—1
l'A
Aeronautical Securities
Affiliated
Bid
Far
Bid
a
Ask
100.0084
.0170
100.0073
.0182
100 0093
Odd lot sale
.0227
99.9828
.0012
99.9671
.9885
99.9680
.9888
100.0277
.0465
(not
w
included
in year's,
i When issued,
.9879
99.9676
(not included.ran^e).
included in year's range),
•
•No
par
dividend. -
x
eEx-interest,
$
d Deferred delivery sales (not)
kRemoved to Stock Exchange.
MB*-stock dividend.
range)
Ex-dividend.
b Bid yield price,
f Flat price,
(Un) Unlisted issue,
rCagh s#e|
w d When
delivered,
"
Slights.
,
■
value,
tin
are subject to all Federal tazeg,
>
"
■<>
tEx-llquldating
Volume 166
Number 4639
THE COMMERCIAL & FINANCIAL CHRONICLE
'
1 HI
•
Bank
clearings this week
will
Preliminary figures compiled by
show
based
us,
a
upon
decrease
compared with
yeat* ago.
a
telegraphic advices from the chief
Pennsylvania—Altoona
Bethlehem
for
Lancaster
cities
the
of
United
States
clearings will be 14.2% below
from
those
which
the
for
it
is
possible
to
obtain
corresponding week last
weekly
year.
Our
preliminary total stands at $13,008,127,437 against $15,161,908,151 for the same week
in 1946. At this center there is
a
loss for the week ended Friday of 5.3%.
Our com~
$6,363,618,230
$6,721,218,659
—
5.3
643,262,865
682,941,126
—
5.8
Chicago
I
799,000,000
835,000,000
—
433,243,712
+
Kansas City_
278,225,946
212,330,602
270,400,000
238,700,000
•
San Francisco
303,655,000
352,866,000
259,150,917
238,450,667
+
318,551,639
270,672,221
+17.7
195,083,952
193,849,936
+
.
-
Baltimore
Ten cities, five
"
577,760
571,115
+ 43.7
542,642
+ 43.3
588,452
2,315,390
+ 57.4
1,698,742
604,238
1,052,123
1,939,559
614,000,000
+ 29.3
505,000,000
526,000,000
2,860,112
4,618,728
1,904,117
+
50.2
1,475,024
1,494,773
3,014,633
+
53.2
2,660.137
2,882,425
2,538,904
1,718,110
+ 47.8
1,508,017
1,597,921
2,692,506
+ 41.8
1,651,110
1,602,931
+
8.2
4,531,913
6,863,564
6,769,590
6,490,282
+
5.8
5,998,509
4,523,700
829,248,036
641,480,360
+29.3
526,232,306
542,268,785
—
.....
York
3,817,976
7,324,366
4,418,292
+ 51.5
151,318,597
96,574,254
+ 56.7
90,271,509
93,013,137
261,050,937
6,691,733
188,786,617
+ 38.3
163,387,942
193,485,989
27:388:200
17,494,300
+ 56.6
15,176,800
15,095,500
4,172,500
3,347,988
+ 24.6
2,712,673
5,494,331
6,253,913
—12.1
4,730,070
4,132,118
258,401,029
175,237,377
+ 47.5
185,335,184
211,846,261
714,517,327
492,112,741
+45.2
465.907,829
523,580,322
....——
—
Mansfield
Youngstown
Pennsylvania—Pittsburgh
Total
(7 cities)
—
5.5
$12,280,345,972 $12,733,700,538
—
Fifth Federal
3.1
—
3.6
West
Tota\ all cities, five days^
All cities, one day
I
727,781,465
2,428,207,613
.
2,800,224
$15,161,9Q8,151
+
43.4
7.411,000
7,008,000
+
11.1
83,152,985
South Carolina-r-Charleston
3,743,168
+
Maryland—Baltimore
—14.2
182,645,841
145,694,910
67,012,430
61,514,190
390,079,262
District
of
Columbia—Washington-
(6 cities)
Sixth
Federal
however, which we present further below,
Tennessee—Knoxville
14,509,517
Nashville
able
are
ended
Oct.
to
give final and
11.
that
For
results for the week previous—the
complete
week
there
was
clearings for the whole country having
012,252,273 in the
same
week
in
an
of
increase
amounted
against $11,-
to $13,175,067,971
Outside of this city there was a
1946.
34.5%, the bank clearings at this center having recorded a gain of 8,3%.
the cities
We group
(including this city) the totals
The Cleveland Reserve District has to its
Philadelphia Reserve District of 29.3%.
18.0% and the Atlanta
gain of 45.2%, the Richmond Reserve District of
a
Reserve
District
22.4%.
6f
District of
by
The Kansas
67.6%.
the
30,3%,
District
Reserve
the
In
Reserve
of 43.9%, in the St. Louis
totals
gain of
improvement of 9.0%, in the Boston Reserve District of 24.9% and in the
an
credit
137,838,603
51,952,743
40,256,149
330,649,049
+ 18.0
272,189,053
276,668,538
12,943,987
+ 12.1
12,620,839
11,797,722
62,770,139
+
9.8
38,622,940
40,489,375
+
23.5
138,800,000
133,600,000
4,618,197
Macon
57,193,799
161,600,000
3,217,601
+
43.5
2,447,321
2,848.170
3,701,946
2,506,982
+ 47.7
2,041,067
3,343,683
Florida—Jacksonville
64,090,059
49,322,541
+ 29.9
40,988,167
38.291,683
Alabama—Birmingham
98,134,601
70,166,417
+
39.9
55,329,935
56,850,201
—
_
Mobile
7.187,403
Total
..
(10 cities)
+ 16.6
414,373
+ 57.3
307,100
362,375
96,344,181
+ 11.6
72,324,714
82,624,955
562,791,159
Orleans
6,165,934
651,863
107,527,434
.
Mississippi—Vicksburg
Louisiana—New
459,875,815
+22.4
366,774,994
376,045,143
+ 22.3
4,116,028
5,013,862
according to the Federal Reserve Districts in which they are located and
from this it appears that in the New York District
show
week
aggregate of
19.6%, the
125.965,507
8.9
+
199,600,000
Georgia—Atlanta
Augusta
—.
we
2,496,721
+ 25.4
Reserve District—Atlanta
available at time of going to press.
Accordingly, in the above the last day of the week in all cases has to be estimated.
In ihe elaborate detailed statement,
6.9
87,652,247
2,51)6,689
the week
We cannot furnish them today, in as much as
issue of next week.
ends Saturday and the Saturday figures are not
1,406,850
+ 57.6
8,065,000
109,855,209
Complete and exact details for the week covered by the foregoing will appear
our
1,210,097
1,776,572
11,564,000
Total
in
1,877.043
122,056,123
4,000,644
Richmond
—70.0
$13,008,127,437
.
Total all cities for week
4,130,274
Reserve District—Richmond—
Virginia—Huntington
Virginia-—Norfolk
i
4,293,651
0.6
2,554,427,615
2,413,763,515
(11 cities)
_____
8.7
$9,866,582,457 $10,179,272,923
days
Other cities, five days
-
Columbus
—13.9
Cleveland—
+ 32.1
812,181
735,988
Scranton
Wilkes-Barre
1,027,563
Cincinnati
+13.3
Pittsburgh--
t
Cleveland
+13.3
St. Louis
_
1940
Fourth Federal Reserve District—Cleveland-
0.6
)'
!
$
794,000,000
.—.....
——
Ohio—Canton
4.3
435,633,908
...
Boston
1945
Dec. %
*
1946
1947
New York
Philadelphia
1.357,601
.
Philadelphia
Reading
Total
Week Ended Oct. 18
Inc. or
1,054,293
3,645,289
New Jersey—Trenton—
Clearings—Returns by Telegraph
•
.1,167,203
...
......
Chester
Delaware—Wilmington
parative summary for the week follows:
W40
Third Federal Reserve District—Philadelphia—
cities of the country, indicate that for the week ended Saturday, Oct, 18, clearings
all
43.
Week Ended Oct. 11
THE COURSE OF BANK CLEARINGS
,,
(1615)
Dallas
Chicago
Reserve
District there is
an
increase
District of 21.9%, and in the Minneapolis Reserve
District has managed to enlarge
City Reserve
Reserve
District
by
44.2%
and
the
San
its
Francisco
by 41.5%.
Seventh
Federal
Michigan—Ann
following
we
District—Chicago—
1,936,162
1,583,463
764,823
679,532
Rapids
Lansing
Indiana—Fort Wayne
9,151,241
9,022,155
+
1.4
6,171,978
5,212,845
6,155,421
4,499,151
+ 36.8
3,231,770
3,730,572
5,555,727
3,804,199
+
46.0
2,594,149
46,482,000
30,478,000
+
52.5
26,619,000
Bend
5,811,798
4,257,906
+ 36.5
2,955.899
Haute
13,978,414
10,168,881
+ 37.5
8,669,948
8,774,365
Wisconsin—Milwaukee
51,828,327
36,972,118
+
40.2
27,963,973
35,419,185
3,976,079
3,171,745
+ 21.9
2,124,042
2,305,859
26,777,374
22,532,549
+ 18.8
16,091,066
14 i52,511
14,285,585
10,522,956
+ 35.8
8,669,076
Indianapolis
South
Terre
Iowa—Cedar
Des
Rapids
Moines
Sioux
City
Illinois—Bloemington
furnish
a summary
by Federal Reserve Districts:
1,252,501
—
Decatur
Peoria
879,774
690,342,365
472.657,401
3,972,383
Chicago
In the
Reserve
Arbor
Grand
5,562,963
16,850,591
,
3,078,818
27,901,000
3,959,528
7,222,475
5*449,844
485,781
46.1
432,968,409
458,639,087
—28.6
1,482,049
2,474,076
+ 42.4
+
Week Ended
Federal
Oct.
Reserve
OF
BANK
1946
1947
11
1943
9
$
500.223,376
400,417,711
+
7,003,984,924
6,424,946,994
+
829,248,036
641,480,360
+
714,517,327
12 cities
1st Boston
Inc. or
Dec. %
$
Districts
"
24.9
1944
6,065,757
3,487,378
+ 30.1
2,091,638
3,906,236
2,805,275
+
39.2
1,507,512
2,184,136
1,651,785
906,681,846
630,237,166
+43.9
550,983,840
583,937,312
+ 18.6
154,600,000
147,200,000
Total
(17 cities)
7,831,252
+
$
333,811,005
9.0-
6,628,655
4,538,642
Springfield
CLEARINGS
115.2
Rockford
SUMMARY
331,978,634
York
New
3d
4th
5th
0th
7th
12
Philadelphia
Eighth Federal Reserve District—St. Louis-
7
Cleveland
6
Richmond
Atlanta
—
Chicago
8th St.
10
17
—
7
10
10th Kansas City
6
11th Dallas
12th
San
10
Francisco
44
112 cities
Total
330,649,049
272,189,053
4 ,>9,875,815
+ 22.4
366,774,994
376,045,143
630,237,166
+
43.9
550,983,840
583,937,312
339,802,815
+
21.9
274,692,622
271,129,655
245,197,795
+ 67.6
215,479,259
203,568,909
347.130,567
+ 30.3
271,425,258
262,634,403
177,350,305
+ 44.2
133,882,579
125,973,593
697,606,943
40
523,580,322
255,745,047
44
«•
465,907,829
452,364,819
4
Louis
0th Minneapolis
+ 45.2
+ 18.0
411,024,032
• «
492,112.741
450,801,200
(1
542,268,785
906.681,846
M
4,773,268,999
526,232,306
532,791.159
<1
5,498,637,317
390,079,262
01
11
—
29.3
493,050,955
+ 41.5
430,046,610
455,968,365
North
2d
Dakota—Fargo
7,473,742
4,675,910
+
59.8
3,383,479
13,175,067,971
11,012.252,273
+ 19.6
9,340,062,672
8,727,022,658
South
Dakota—Aberdeen
4,083,262
2,675,974
+ 52.6
2,044,056
2,917,886
1,503,217
4,750,196,322
+ 34.5
4,118,098,596
Montana—Billings
4,400,482
2,842,616
+ 54.8
2,268,764
2,038,443
9,726,148
6,233,373
+ 56.0
5,346,843
4,365,676
411,024,032
245,197,795
+ 67.6
215,479,259
203,568,909
6,390,383,912
Outside New York City—
Missouri—St.
Louis
276,668,538
234,300,000
197,500,000
Kentucky—Louisville
101,789,075
72,305,498
+
40.8
62,912,433
57,428,321
Tennessee—Memphis
112,740,377
98,556,621
+ 14.4
56,184,189
65,536,334
1,971,748
1,440,696
+ 36.9
996,000
965,000
450,801,200
369,802,815
+21.9
274,692,622
271,129,655
Illinois—Quincy
Total
(4 cities)
Ninth
Federal
Reserve District—Minneapolis-
Minnesota—Duluth
3,980,528,361
7,634,561
St.
Helena
We
add
now
our
detailed statement showing the figures for each city for the
Total
(7
cities)
+ 20.7
5,213,669
4,677,879
170,314,298
+ 72.8
156,416,774
144.511,867
83,454,003
Paul
6,326,855
294,251,834
Minneapolis
52,128,769
+ 60.1
40,805,674
43,553,941
week ended Oct. 11 for four years:
Tenth Federal Reserve District—Kansas City-
Week Ended Oct. 11
1947
$
Clearings at—
First Federal Reserve
—
——T-
Rhode
3,473,885
421,857,731
338,833,158
+
24.5
282,326,797
280,469,185
1,885,676
0.9
1,527,674
1,229,170
642,992
+ 41.0
687,206
510,368
2,117,376
1,502,139
•+ 41.0
1,399,391
1,430,741
—
4,556,475
+
31.5
3,412,268
15.012,155
+ 45.4
12,477,165
13,282,623
9,401,1,56
6,660,141
+ 41.2
5,399,463
5,330,890
21,741,600
19,314,500
+
12.6
16,414,900
16,589,600
1,362,823
857,450
+
58.9
834,283
777.592
400,417,711
+ 24.9
333,811,005
331,978,634
8.058,402
+ 165.4
5,789,592
_
______
2,255,905
+
2.9
1,560,408
1,620,432
50.176,719
+
38.7
50,071,720
52,740,000
1,064,889
+
45.5
937,833
1,703,633
1,310,495
+ 30.0
1,115,698
1,460,708
6,784,684,059
6,262,055,951
8.3
5,359,534,311
4,608,924,062
17,330,055
12,276,877
+ 41.2
10,953,947
11,938,692
....
10,414,160
6,990,520
+ 49.0
5,800,740
6,873,932
....
11,685,702
+ 18.5
8,438,792
8,814,978
+ 22.6
197,718
383,472
,
.....
...
Connecticut—Stamford
RfW Jersey—rMontc|aix_
Newark
-
.
.
9,862,319
530,833'
+
1,104,041
'
.
64,260,361
Pueblo
+ 20.1
8,666,821
+ 39.0
242,391,910
1,865,906
4,279,409
179,462
2,459,310
.
6,668,493
+ 19.5
181,959,664
177,061,886
7,317,242
+ 55.8
3.832,111
5,717,618
1,426,026
1,283,979
+ 30.8
1,241,806
1,038,726
1,805,043
—
6,403,028
+ 40.6
1,008,193
987,567
452,364,819
...
(10 cities)
+ 60.0
5,707,577
239,772,790
—
Colorado—'Colorado Springs
Eleventh
Federal
Reserve
347,130,567
+ 30.3
271,425,258
262,634,403
+ 50.5
■
District—Dallas-
Texas—Austin
7,012,096
44,306.681
+ 41.2
::+
3.5
,
22,008,495
32,228,063
6,424,946,994
+
9.0
5,498,637,317
3,128,997
+
41.9
106,110,000
99,735,000
16,670,782
+
61.6
15,980,431
13,060,257
2,413,000
Galveston
5,298,000
3,709,000
+ 42,8
2,922,341
2,115,043
+
38.2
1,532,593
1,434,846
Louisiana—Shreveport
9,729,500
6,530,562
+ 49.0
4,948,698
5,668,643
255,745,047
177,350,305
+44.2
133,882,579
125,973,593
+ 48.1
64,034,249
(6 cities)
Twelfth Federal
Reserve
107,228,040
Yakima
24,966,8b6
i
+ 27.6
2,806,705
83.4
56,690,748
28,396,112
San
Jose
+ 54.7
6,718.859
+ 21.2
5,778,189
+
361,497,131
Francisco
34,129,786
8,144,001
Pasadena
+
52,783,932
City
California—Long Beach
71,638,878
7,629,168
Utah—Salt Lake
3,643,017
131,403,125
...
277.825,895
84,594,109
3,097,146
68,095,496
24,386,370
7,324,901
32.0'
6,504,823
5,438,303
3,952,903
+ 30.1
251,052,182
250,115 000
11,073,237
9,679,579
+
14.4
6,914,931
7,032,372
Santa Barbara
3,879,606
2,892,759
+ 34.1
9,320,254
8,342,403
+ 11.7
2,017,389
6,191,168
2,049,224
Stockton
697,606,943
493,050,955
+41.5
430,046,610
455,968,365
,i 13,175,067,971
11,012,252,273
4,750,196,322
+ 19.6
9,340,062,672
8,727,022,658
+ 34.5
3,980,528,361
4,118,098,596
s
___
Total
Outside
New
York,..
»>.
mrj
■
-
5,320,844
„v
mil
(10 cities)
44,998,808
4,773,268,999
72,401,490
4,648,449
Oregon—Portland
2,945,850
District—San Francises-
Washington—Seattle
Grand Total (112 cities)
7,003,984,924
2,897,857
143,666.000
26,932,110
•y
26,057,403
45,847,824
4,658,918
203,851,000
Dallas
Fort Worth
San
'
Jersey,
j Total <12 cities).
.
650,985
36,795,9.25
——-
Northern New
65,079,973
74,940,577
11,400,623
City
Joseph
Total
21,388,737
2,320,916
'
Byracuse
3,957,377
190,980
Wichita Falls.__._
1,549,869
York
303,603
4,021,629
9,443,008
-
69,613,059
Rochester
408,465
+ 51.1
4,274,380
Reserve District—New' York'
York—
Jamestown
+ 118.1
6,853,601
„
Wichita
Total
+ 165.1
291,741
12,048,666
Kansas—Topeka
St.
280,270
4,824,424
3,527,496
21,832414
Rlmira
^,
1,082,704
3,634,616.
+ 29.6
Buffalo
-
1,140,767
8.2
3,901,868
Bdnghamton
*
10.8
+
500,223,376
Island-—Providence
Second Federal
6
+
5,521,708
Hampshire—Manchester.......
New
1,885,837
4,400,087
n
Haven—
Row York—Albany,—.
,
Omaha
2,089,605
—
Total (12. cities)...«,«
,
Lincoln
5.130,932
—
742,956
636,385
7,289,722
119,949,127
Hastings
7,155,040
—
—
Cuanecticut—Hartford
Raw
-
—
Bprlngfield;
Nebraska—Fremont
Missouri—Kansas
River—
Worcester-
New
ft
906,671
—,
I jlew Bedford
•
Dec. %
1944
4,758,736
—,
Massachusetts—Boston
; Lowell
1943
District—B<
*
Fortlaud
Fall
$
Inc. or
1,869,592
Maine—Bangor
,
1946
..
6,390,383,912
.,1'
;#
44
THE
(1616)
Condition Statement of Member Banks
The condition statement of weekly
reporting member
banks of the Federal Reserve System in leading cities
shows the following principal changes for the week
ended Oct. 8: Increases of $84,000,000 in commercial, in¬
dustrial, and agricultural loans and $304,000,000 in de¬
mand deposits credited to domestic banks, and a decrease
of $312,000,000 in demand deposits adjusted.
Commercial, industrial, and agricultural loans in¬
creased $34,000,000 in New York City and $13,000,000 in
the Atlanta District, and decreased $15,000,000 in the
Chicago District.
Loans to brokers and dealers for pur¬
chasing or carrying United States Government securities
decreased $98,000,000 in New York City and $113,000,000
at all reporting member banks.
;
^
Holdings of Treasury certificates of indebtedness de¬
creased $40,000,000 in the Chicago District and $32,000,900 at all reporting member banks, and increased $18,000,000 in the Philadelphia District.
Holdings of Treas¬
ury notes decreased $50,000,000 in New York City and
$32,000,000 at all reporting member banks, and increased
$15,000,000 in the San Francisco District.
Holdings of
United States Government bonds increased $12,000,000.
Holdings of "other securities" decreased $78,000,000 in
■*\Wew York City and $62,000,000 at all reporting member
banks.
Demand deposits adjusted decreased $239,000,000
in New York City and $82,000,000 in the Chicago Dis¬
trict, and increased $47,000,000 in the Philadelphia Dis¬
trict. United States Government deposits increased $93,000,000.
Demand deposits credited to domestic banks
,
Increased in all but two districts.
A summary
of the assets and liabilities of reporting
COMMERCIAL
Oct. l,
Home
1947
New
64,710
and
—
86
Serial
brokers
S.
dealers
.first
which
Other
Real
138
54
486
Other
bills
certificates
notes
+
39
+
126
+
5
4-
indebtedness
Cash
3,993
2,600
31,236
4,278
with Federal
Reserve Banks
+
—
—
+
—
26
—
32
—
32
—
12
Balances with domestic
+
62
563
+
75
+
862
+
48
+
50
+
69
+
125
14,527
+
+
Co.,
93
705
—
3,211
+
234
304
+
345
+
10,032
1,417
and
1,021
5
+
5
22
+
U.
S.
except
accounts,
Govt,
18,929
follow with
Hide
NOTICES
OF
Shares
General
&
Asuncion
Port
Concession
Transit
Co.,
Central Maine Power
1st
and
8%
5%
gold
debentures—Oct
debs.,
Brothers,
1469
30
1350
Co. of Buffalo, 1st
preferred stock
Nov
14
1149
15
1256
5s
(W. H.)
•
'American
Cities
Co.
Co.
Brotners
Shoe
Bertram
(J.)
Class
B
(Conn.)
Guaranty
Biddeford
&
(Phila.i,
*>•
Dec
31
1349
1952—Nov
1
1145
Nov
1
1041
W.t
(E.
Ref. and
improv. mtge. 37a% bonds,
ser.
Nov
1
1350
1961—Nov
1
1470
D, due 1996-Nov
1
Firestone Tire & Rubber Co., 472% preferred stock
Nov 15
Firestone Tire & Rubber Co., 3%
debentures, due 1961—Nov
1
■Great Lakes Power Co., Ltd. 1st mtge. 4
Vis, ser. A
Nov
7
Great South Bay Water Co.—
1st
refunding mortgage 5s (ext. to 1949)
Hanna (M. A.) Co., $4.25 preferred stock
Nov
1
Dec
1352
948
1354
1051
&
Co.
1254
5%
760
Nov
16
1481
1959
3
1483
Co., 4Vi % debs., due I960—Nov 14
Ry., 1st mtge. 5s, due 1951-Nov
1
Revere Copper & Brass, Inc., 1st mtge.
3Vis, due 1960_Nov 15
Bisters of St. Mary, St. Louis, Mo.—
1st and ref. mtge. serial bonds, due 1953-1955
Nov
1
Spalding (A. G.) & Brps., debentures
Dec
1
Walgreen Co., 4% preferred stock
Nov 10
Nov
1484
National Vulcanized Fibre
<
Portland
"
&
Rumford
Falls
ENTIRE ISSUE
"
preferred
Bliss
(E.
W.)
Oil
Co.,
Co.,
$2.25
Butte Electric & Power
conv.
stock—
preferred stock
Co., 1st mtge. 5s, due 1951
1526
—Nov
1
Nov
14
Any time
Page
Cannon
One
1
10-20
11-
1
10-20
Mills
share
(stock
of
Pasco
$4.50
5%
10-22
Metz
1
11-20
11-20
Midland
1-14-48
11-
1
11-15
1-
2
10-20
9-22
4
11-
Brewing
Miles
Consolidated
5%;
11-15
11-
11-
1
preferred
Container
Electric Furnace
Steel
Screw
Bros.
&
10-22
$3.50
power
Co.,
1
10-21
11-
1
10-21
12-
Preferred
10-31
Stock
10-31
Selected
10-20
10-10
Nation-Wide
11-15
11-
11-15
11-
11-14
11-
1
12-
1
1-2-48
1
___
New
12-15
11-15
10-31
11-14
12-
New
10-20
Northern
11-
1
10-23
RR.
of
New
Public
10-15
10-20
5 727c
11-20
10-31
10-18
10-
7
preferred (quar.)
Peninsular Grinding Wheel
10-18
10-
7
Pennsylvania
11-
1
10-24
Petroleum
12-10
11-14
Philadelphia
1-2-48
10-31
10-23
Pioneer
10-31
10-23
Plymouth
10-31
10-23
A
(Chas.
F.)
Co.,
6%
Copper
payment
of
&
shillings
four
African
Gas
Gas
Heat
74c
or
10-21
Pneumatic
10-20
10-10
Portland Gas
10-
67c
Fund,
Randall
50c
11-
1
11-
1
10-20
Revere
$1.25
11-
1
10-20
class A
Co.,
/Rich's,
11-
Fair
11-
1
10-15
11-
1
10-27
Inc./
10-20
10-30
Rose's
12-
Saginaw &
35c
11-
1
10-21
Schwitzer-Cummins
Manistee
Dillon
$1.75
11-
1
10-21
Scotten
$1.25
11-
1
10-11
Security
$1
$2.50
10-10
10-
11-24
11-10
11-15
10-31
11-15
10-31
11-15
10-31
11-15
10-25
10-14
10-
10-25
10-10
12-
1
11-12
8
12-
1
11-12
11-
1
10-
1
preferred
572%
12-15
11-30
Southern
Natural
12-15
11-30
Southern
States
11-
1
10-21
$1.25
pfd.
(quar.)„
12-
Iron
Roofing
11-15
10-20
Stein
10-28
12-10
11-28
Stouffer
25c
12-15
12-
Sun
$1.25
11-15
10-17
1-15
12-
1
11-10
11-
1
10-20
11-
1
10-20
11-
10-20
10-4
11-
2772c
1
10-15
10-17
1
11-15
10-31
11-
1
10-23
35c
11-
1
11-
1
11-
1
10-17
10-17
10-17
11-28
11-14
12-12
12-
10-25
10-15'
40c
12-10
11-15
75c
10-31
1
Co.,
Corp
.
11-15
Telecoin
15C
11-
5
10-24
U.
8772C
11-
1
10-15
10-30
10-31
10-21
11- 3
10-27
llr
3
10-27
12-
1
11-14
11-30
11-10
3772c
75c
(quar.)
1
10-22
11-14
5c
common
10-31
1-9-48
50c
(increased)
Transit
11-10
$1
12-
Conditioning, $7 pfd. (quar.)
U. S. Hoffman Machinery Corp.—
?47t% participating preferred (quar.)
United
10c
Corp.
11-
1
10-15
$1.0674
10c
Utilities & Specialty Corp
Upper Peninsula Power Co.r—
574%
preferred
(quar.)
12-
1
11-19
11-3
$1.3174
class B
Terminals
12-20
$1.75
S. Air
&
2-2-48
1
40c
$1.1272
Co.,
1-15
25c
,
(quar.)__
Co.
preferred
&
2-2-48
10-20
60c
——
Ray Drug
Walker
10-18
3772c
1
Warehouse
12-
10-31
40c
(quar.)
Co.
Gas
10-31
11-14
12-15
1
10-23
$1.50
11-1
10-31
11-
10-22
$1
(quar.)
20c
1
10-17
25c
30c
11-15
10-23
10-25
$1
Spencer Kellogg & Sons (quar.)
Standard Screw Co. (irreg.)
Syracuse
1
25c
common
Works
Lathe
Corp.
1
11-
93 %c
Company
&
1
11-
15c
Silex
South
(A.)
11-
15c
(quar.)
11-20
10-20
Year-end
9-30
75c
£.
(irreg.)
Power,
12-10
Bend
10-20
15c
Lumber
Co.,
Co.
10-30
6%
11-21
Tic
6c
Banknote
Pacific
6%
1
25c
(quar.)—
Co
Security Insurance Co. (New Haven)
Sierra
11-
40c
preferred (quar.)_
10 & 25c Stores (quar.)
5,
10-20
11-15
50c
(quar.)
common
1
3%%
10-30
$1.75
(accum.)
Copper & Brass-
12-16
12-
$1
2272C
40c
pfd.
Company
11-15
25C
11-15
$1.50
Ltd
7 7
11-12
t30c
10-15
1
17 72C
Inc
65c
...
1
12-
9174 c
(accum.)
50c
(quar.)__„
11-
12c
& Coke,
preferred
11-27
10-25
10*16
22 V2c
6c
Reading
10-25
10-31
20c
Republic Investors Fund, Inc., common
6% preferred A (quar.)
6% preferred B (quar.)
11-15
11-14
$1.50
10c
10-14
10-29 V
10-22
1
30c
10-15
50c--
10-22
1
12-
20c
(irreg.)
1
20c
1
11-
7
3772c
10-20
&
11-
31
(quar.)
(resumed)
Power,
stock
Scale Corp.,
5c
_
10-21
12-10
pfd.
Employees
5c
■,
11-
1
34 %C
5%
(irreg.)
&
10c
Smelting
1
11-
Cordage Co.—
10-31
Corp.—
12-
15c
after
Suburban Water, common
preferred
(quar.)
Petroleum Co., 77c
pfd. (s-a)
10-15
Co.—
10-15
—
(quar.)
J8c
(s-a)
1
tax
Electric,
preferred
25c
1
10-31
11-
50c
(increased)
50c
(quar.)
10-31
11-15
Co
Ltd.
Co.,
50c
(quar.)
10-31
11-15
10c
Inc. (quar.)
Manufacturing
$3.65
11-20
11-15
50c
67
12-10
9-30
Apex,
Pacific
1
9-30
10-15
$2.50
preferred (quar.)
pfd. (quar.)
1
7
10-20
$1.12 72
$1.1272
preferred (quar.)
Northwestern Utilities, 4%
5
1
10-15
(quar.)
Hampshire (quar.)___
Service, com. (quar.)_
11-
5
11-
$1.75
O-O'Kiep
$1.25
11-15
,
Ontario
10-20
1
—
(year-end)
Brake
11-14
•V
11-14
12-
estimates
are
interest
11-14
(quar.)
11-14
—
(quar.)
(Colo.)
1
11-
10-13
12-15
12-15
$0.296875
—
10-31
tl2c
50c
<quar.)_
50c
Co.
beneficial
of
Northwestern
10-15
$1.18 74
$1.1874
1
Fund—
Air
1
1
10-18
4c
Co., common
preferred (quar.)
York
11-
11-
10-15
10-31
10c
Process
77c
4
New
12-
11-
1
Company
England
10-20
10-31
1
11-
Series
Securities
1
11-15
12-
*25c
(irreg.)
Series
Groups
11-
30c
(s-a)
1-2-48
distributions.
Certificates
50c
com.
Great Lakes Dredge & Dock Co.
1
10-31
20c
below
1
Paper Co
{quar.)
1
11-
11-15
B
Natomas
10-27
18 % C
(quar.)
Corp.
11-
1-2-48
Series
Series
1
$1.07
Securities
1
t$1.00 72
37 72c
(quar.
8c
shown
Slock
10-21
11-15
Puritan
(quar.)
■
11-
6c
such
of
11-15
Electric—
(quar.)__
Rubber
Ltd.
10-23
50c
5
3c
12-
_
preferred- (quar.)
Bronze
10-20
11-20
3
2c
amounts
10-31
$50c
Philadelphia
Co.
10-20
1
Shares
$2.50
(quar.)
(quar.)
Works
&
1
11-
(Del.)
$1
Corp
Tire
11-
30c
40c
Mogul
preferred
10-20
preferred
$1
(quar.)_
Employers Casualty Co.
4 V2 %
10-31
Shares
The
1
Corp.
35c
Empire District Electric, 5 % pfd. (quar.)__
Empire Millwork (increased quar.)_
Firestone
11-
143c
12-
(irreg.)
Co., class A
Fire Association of
10-17
Funds—
Trust
50c
Works
11-
.
25c
.
Oil
11-15
11-15
common
J25c
(quar.)
(quar.)
Dorado
11-15
1
11-15
(quar.)
convertible
Automobile
9-30
of
Railway & Terminal, common (quar.)
7%
preferred (quar.)
Davenport Water Co., 5% pfd. (quar.)
Dickerson
(Walter T.)
(s-a)
Douglas Aircraft Co
Co.
1
12-
$1.75
(quar.)
Cottons, Ltd.,
Noyes
;—
H.)
12-
common
preferred
South
share
Dallas
El
Inc.,
Shoes,
Ohio
Corp. (quar.)
Rendering Co.__
(C.
25c
8772c
—
$2
10-29
Dearborn
Bradstreet
11-10
40c
15c
preferred
&
10-27
1
(s-a)
Ltd.
10-29
(quar.)
(quar.)—
5% prior preferred (quar.)__
Corporate- Investors, Ltd., class A
Crown Drug Co. (s-a)
Dun
11-26
7
12-
Petroleum
$1.127a
$1.12 72
(Boston),
12-15
11-
3772c
(irreg.)
11-22
(quar.)
Copley Square Trust
3
11-26
62 72c
50c
&
3
11-
Muskegon Motor Specialties Co.—
$2
convertible A
(quar.)
—
each
common
Consolidated Water Power
11-
1
12-15
100%
common
11-22
(quar.)
Bottling Co. of St. Louis
Company (quar.)
preferred
1
(quar.)
$20c
(quar.)
A
Ohio
1212-
12-12
Grain,
20c
(quar.)
Southern
11-15
30c
~75c
Ltd.
Coca-Cola
&
1
(quar.)
50c
Clyde Aircraft Mfg. Ltd.
11-15
12-
Mines, Ltd.—
Pacific
&
Montreal
1
10-15
15c
Corp.,
common
preferred (quar.)
pfd. (series of 1947) (quar.)
4%
1
25c
Co.
Mid-Continental
1
25c
Copper
preferred
11-10
12-
$1.25
.
12-
J25c
1
(extra)
Champion Paper & Fibre,
1
88c
Co.
11-10
class
11-18
12-
(quar.)
Telephone Co.,
preferred (s-a)
367/ac
B
de
12-11
(quar.)
12-
held
Warehouse,
Class
Cerro
RR.
Meadville
$1
Co., Ltd.
for
B
10-11
50c
dividend)
Consolidated
10-28
27 72c
dividend)
class
1
25c
J 25c
stock
10-13
11-
$1.20
Extra
$25c
(quar.)
Fund,
10-28
$1.50
(quar.)
11-26
11-
50c
(quar.)
Investment
common
>754 ^ General
754
12142;
12-12
10-16
15c
(quar.)
Electric
McGraw
5
4% 7c
common
V-; 1350^ General Foods Corp. (quar.)
1470:|1' Granby Consolidated Mining
•■"J
5
11-
National
(quar.)_
Foundry, Ltd., com.
Fulton Industrial
Date
preferred
1259
11-
11-20
10-27
30c
stock
National
Extra
Canadian
11-10*
17c
4727c
Canadian Fairbanks-Morse
11-15
1
Interim
11-17
12-26
(quar.)
Federal
CALLED
Anglo-Chilean Nitrate Corp., Inc.,'debentures, due 1967-Oct 20
A, p, yr, Paper Co.. Inc., 6%
Cony, hotes.i.l_--.*-.^«_Jan - F
Fuel
C
1
12-
t40c
50c
A
12-15
12-
}$1.75
$25c
Class
Federal
1523
1
11-20
20c
Y.)
1-15-48
Ltd.—
Fully participating stock
11-14
preferred
(N.
12-15
$1
$1.75
(quar.)
1
Insurance
25c
Co.
1-15-48
t5c
Initial
12-12
(quar.)
(Sidney) & Co., Inc
Oil, Ltd. (quar.
Canadian Car &
Fownes
Company and Issue—
Arkansas
1360
10-20
25c
Extra
Lefcourt
Realty Corp., prior preferred stock
National Container Corp., 5% debentures due
1
10-20
1
15c
A
Extra
Nov
1
11-
1-6-48
B
Dutton
Rys. of Central America—
1st mortgage bonds
11-
of
(quar.)
Trust
1 '
5
$1
Bancorporation—
$2
Co.
(quar.)
Department Stores,
11-
11-
50c
Marine
Water Service—
1
International
Macco
10-20
75c
(quar.)
Co., $2.25
(Philipt
Extra
stock,
Viscose
11-15
1
10-20
11-15
—
(quar.)_
Nashville
&
30c
class
common
1
11-15
2272c
(quar.)
com.
Milling,
(stock
Corp.
12-10
11-
5c
Co.
11-
Corp.
11-
(quar.)
Water
11-15
(year-end)
Inc.
$5c
Saco
11-15
1
(quar.)
Lynch
»---
Sons, Ltd.,
1
20c
Co.,
Co.
1
12-12
(quar.)
Stores
&
12-
12-
50c
$1
(quar.)
Co.
11-15
25c
Lehigh Portland Cement (quar.)
^
Liquid Carbonic Corp., common (quar.)
372%
preferred (quar.)
Louisville
10-23
12 7JC
(quar.)
Fabric,
10-23
11-14
567.C
(quar.)
preferred
10-21
(quar.)
Consolidated
Power
& Light Corp.—
1936 series
Corp., 5% preferred stock
Aroostook Valley RR., 1st & ref. mtge. 4
Vis, due
Chesapeake & Ohio Ry.—
Class A
American
Page
7%
1'/:
Belding-Heminway Co.
(quar.)
Benson & Hedges, $2 preferred
(quar.)
47» %
Data
Common
1
30c
Woods
Lane-Wells
20c
Columbus
Company and Issue—
Algoma Central Terminals, Ltd.—
1st mtge. 5% deb. stock and bonds due 1959
Ambassador East, Inc., 1st mtge. inc. bonds due
the
4%%
(s-a)
Collins
PARTIAL REDEMPTION
preferred
of
1
11-
12-15
11-30
(quar.)
11-
35c
Line
4%
—Nov
mtge.
5%
Lake
11-
1272c
(S.S.) Co. (quar.) 1
Kroger Company (irreg.)
Lake Superior District Power Co.—
Common
10-25
25c
Co.
25c
&
Mortgage
11-15
Kresge
11-20
25c
(quar.)
Bankers
Bond
10-25
25c
(quar.)^
Kokomo Water Works, 8% pfd.
Lumbermen's
$6
Co.
11-15
t50'/4c
Atlantic Coast
1477
6%
Brothers
10-31
75c
(quar.)__
convertible
Barogis
Fund
1
62 72c
(quar.)„
(quar.)
Utilities Corp.
Stock
12-
*.
Co.
Harvester
3
12-30
f75c
(quar.)__:
Peanut
11-
$1.50
preferred
11-15
12-
10-20
11-26
•
Co.—
Cherry-Burrell
21
(Tom)
01/lOc
17
'Oct
Holders
Payable of Rec.
4c
(quar.)
1475
1970—Oct
are:
87 72C
Atlantic Coast Line Railroad Co.
Page
1975—Oct 22
due
general mortgage series L 3 72s, due
Sugar Associates, prefer red stock
Ellicott Square
31
Co.—
and
Eastern
Lit
4%
Corp.,
Dec
(increased)_
A
(quar.)
Co.—
(initial)
preferred
Matachewan
(quar.)
11-15
30c
series
Refrigerator
common
$2.25
75c
Manufacturing Co.—
preferred (quar.)
Electric Industries, Ltd.—
$1.40
Central
stcck
common
in
6272c
Leather
Carpenter Paper Co.
Date
Corp.,
New
Huston
Associated
4.4%
Company and Issue—
American
—
(quar.)„_
preference
5c
(quar.)
California
TENDER
(quar.)
Extra
$1
Asbestos
Class
preferred and common stocks called for redemption,
including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
which the details were given in the "Chronicle."
5%
.
the week when
When
1
$1.50
&
Co., com.
(quar.)
Co., common
25c
Broadway
list of corporate bonds, notes,
(interim) j
(quar.)
Bay Mining & Smelting
Hunt Foods, Inc., common (quar.)
5% preference (quar.)
995
.
$1.25
(quar.)
preferred
Bronxville
a
A.)
(Joseph)
preferred
6%
1097
second table
a
week
(year-end)
preferred (quar.)
Trap Co. of America, com.
Blumenthal
Below will be found
(Geo.
20c
British-American
Baltimore
this
Special
Special
Blum
Notices
Co.
preferred
Kable
(initial)
Archer-Daniels-Midland
Bliss
Redemption Calls and Sinking
1
1
lie
$3 preferred
during week
1
Investors
preferred (quar.)
Airlines, Inc.—
Blauner's
deposit accounts
10-29
1
11-
E.)
International
preferred (quar.)
Appleton Company (irreg.)
44
—
5
12-
Home
*
164.
Share
common
Business
Berland
Domestic banks
Interbank
+
10
1,736
Foreign banks
Borrowings
demand
312
46,744
1
—Jan
Nov
IIVol.
165.
convertible
Barber
deposits adjusted
Time deposits, except Govt
TJ. 6. Government deposits
Interbank demand deposits:
11-
30c
Hussman
America
Demand
to
IVol.
1260
-Nov
5%
Liabilities-
Debits
issue.
announced
Corp.
convertible
230
2,439
banks
Oct 25
notes
convertible
American
2,527
+
t50c
317»c
(accum.)
Products, Ltd.
(Chas.
5c
Bros.
Animal
302
3.864
791
12,458
vault
in
5%)
Special
754
545
of
securities
Reserve
+
+
8
285
bonds
S.
U.
13
991
8
3,246
loans
Treasury
Treasury
Treasury
+
+
3,255
loans
10-21
preferred
50c
Vending
F., Inc
6%
Loans to banks
Other
C.
372 %
585
11-15
6%
are
dividends
Altorfer
pur¬
+
75C
1st
2-25
Utilities—
Hudson
Extra
2
11-
Electric &
Hormel
1260
Per
$3
31
*
1395
Name of Company
American
+
11-15
Lea
4,003
536
3-10-48
$1.06 74
1
and Investment News Department" in
declared.
2,788
499
1056
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
+
obligations
12-10
25c
75c
Holly Stores, Inc., 5% conv. pfd.
Hooker Electrochemical, common
2
we
11-25
quar.)
Hires
show the dividends previously announced, but
which have not yet been paid. Further details and rec¬
+
securities
estate
1948-1950
Then
10-24
25c
6%
we
2
securities
Government
S.
(increased
Hayes Steel
grouped in two separate tables. In the
bring together att the dividends announced the
we
10-31
(quar.)
preferred (quar.)
12004
Nov
current week.
T.
113
_
10-24
20c
(year-end)
10-31
Co.—
12004
DIVIDENDS
Dividends
Holders
When
Payable of Rec:
30c
6%
$2004
(Hamilton), Ltd., 1st mortgage 5s_—Jan
in this
B
(quar.)
Instrument
Common
Havana
Electric
due
A
class
Special
84
—
1356
1951
7%
+
554
*
1
Class
Share
Cooperage,
International
Other loans for purchasing or carrying:
U.
&
•Announcement
+
obligations
15
Dec
Company
Bros.
Common
A, due
Co.—
debentures
American
Government
Other
for
Dec
stock
ser.
University Tower Corp. (Canada) —
General mortgage 5s, due 1954—1
Welsbach Engineering & Management Corp.—
Collateral trust 5s, due 1953
i
Windsor Gas Co., Ltd. 1st & ref. mtge. 5s
A.
1,897
Per
Co.—
6%. bds.,
United States Asphalt Ccrp.—
2nd mortgage 7% (extended at
B.
carrying:
chasing or
U.
and
Gas
Theatre Properties
A.
—
1050
Republic Petroleum Co. 572% conv. pfd. stock, ser. A—Nov 15
Simplicity Pattern Co., Inc™,.
,
5 V2 %
convertible preferred'stock
Nov 15
Smith
(L. C.) & Corona Typewriters, Inc.—
agricultural
loans
to
Gas
1
mortgage 5s, due 1948
Any time
Light, Heat & Power Co.—
1st mortgage 5% bonds, due 1948
Anytime
Purchase money 4% bonds, due 1949
Any time
York
13,200
industrial,
ref.
&
1
Nov
1st consolidated
New
1946
1947
Hammond
1965_Dec
1148
1354
debentures due 1950
preferred
Electric
&
collat.
Amsterdam
22,058
Commercial
6%
Co.,
Gas
lien
1st
Greif
Monday, October 20, 1947
Page
Name of
Alpha Portland Cement
investments—total
Loans—total
Loans
(Joseph)
Interstate
Oct. 9,
IfKtS
and
Date
mtge. 4s, series F, due 1965
Co., 372%
1st mtge. bonds, due
Light
Duquesne
-
Nov 17
ref.
Inc. (+) or
Oct. 8,
CHRONICLE
Co.—
and
Fortnightly of Chicago 574%
Dec. (—) Since
Loans
Edison
General
The
of dollars)
FINANCIAL
Company and Issue—
Detroit
member banks follows:
(tn millions
&
15c
-
2c
J
11-10
11-
1
10-20
11-20
11-10
11-
10-15
1
Volume
166
Number 4639
THE
Per
Name of
Company
When
Share
Warren Refining & Chemical (quar.)
Waterous, Ltd., class A (quar.)
Wentworth Mfg. Co. (quar.)
West Virginia Coal & Coke
(irreg.)
West Virginia Pulp & Paper Co.—
4'A% preferred (quar.)
Westchester Fire Insurance
9-30
10-31
12'Ac
11-22
11-
50c
12-11
Name of
9-23
11-15
11-28
5%
1
11-15
Company
British Rubber Co.
Brown
Shoe
preferred
(quar.)
Co. (irreg.)
11-
1
10-18
Buffalo
10c
11-
1
10-18
Bullock's, Inc.
Western Maryland Railway—
7 %
1st
preferred
(accum.)
$7
12-
1
11-15
Western
$2
12-12
12-
Bunte Brothers
(quar.)
Burlington Mills Corp., common
10c
11-15
10-27
Wilcox
-
4%
Railway of Alabama—
Oil
Co.
Extra
5
10c
Wisconsin
York
Gas
Co.
11-15
11-15
10-25
50c
11-
1
preferred
Butler
Below
give the dividends announced in previous
weeks and not yet paid. The list does not include divi¬
we
dends announced this
week, these being given in the
preceding table.
When
Name of Company
■
Abraham
Acme
&
Strauss,
Share
Inc
Aluminum Alloys,
$1.10
convertible
$1.12*/a
Fund
Co.
Allied
9-26
10-20
9-26
12-
10-25
75c
(quar.)
Aluminium Co.
Amerada
10-20
Book
American Box
(increased
American Coach
&
Distilling
11-20
n-20
50c
10-17
10-11
10-23*
Body Co
Co. (quar.)
25c
10-20
10-10
50c
10-30
10-20
30c
12-15
12-
$7
11-14
10-31
common
(accum.)__
common
(quar.)
(quar.)
Co., 4'A% pfd. (quar.)
American Ship Building Co
American Smelting & Refining, common
7% 1st preferred (quar.)
Co.
-
4'A%
Bottle
preferred
American
Viscose
Corp.,
Anchor
Wire
Post
(resumed)
com.
Argo
10-15
Central
Hudson
10-15
Central
New
10-27
10-21
10-27
10-21
1
1
11-20
10-21
10-10
50c
Oil,
4'/2%
Topeka
Chase
1
10-
Chase
8
Coast
Line
non-cum
Atlantic
12-23
12-19
12-23
12-19
11-15
11-15
10-15
11-
10-25
1
2-2-48
10-31
15c
15c
—
11-
10-25
10-15
56'Ac
12-
11-21
1
1
10-21
Co., Ltd.—
1
10-15
12-
1
10-31
$1
(quar.)
11-
$1.50
Ry
11-
1
10- 8
preferred
$2.50
(s-a)
11-10
10-23
$1
Plywood
11-
1
10- 0
933Ac
(quar.)
4%
conv.
pfd.
(quar.)™
10- 6
Atlas Steel, Ltd. (increased)
&
Wiborg
Proprietary,
preference (quar.)
5'/2%
11-
1
62'/2c
Corp
Atlas Powder Co.,
11-
$1
$25c
11-
l
10-21
10-16
11-
10-15
& Co., Inc.—
prior preference (quar.)
Avondale Mills, common (monthly)
$4.50 preferred (quar.)
Baldwin Rubber
1%
Co
Hydro-Electric,
Bangor
Bareco
Oil
Co.
(quar.)___
(quar.)
Bastian-Blessing Co.
(year-end)
Bates & Innes, Ltd., $1 class A (s-a)
Bathurst Power & Paper, Ltd.—
Class
A
Extra
10-15
If- 9
Colt's
40c
10-20
10- 1
Columbia
11-
1
10-17
(increased
1
10-17
Columbia
Behrds-Witch
Stock
11-11
11-
10-15
1
Gas
Co. (quar.)
Blborriingdale: Bros., Inc
1
12-
Ltd., 5% pfd. (quar.)™
Ltd., class B (interim)
-Bon Ami CO. class A (quar.)
__
Boston Fund, Inc. (quar.)
Boston! Woven Hose & Rubber
Columbian
Inc.
(quar.)_
11-
4
—
10-10
10-29
4'A%
12-
1
10-
$1
11-
1
10-20
Duro-Test Corp.
East Coast Electric
9-30
11-
1
10-15
13c
11-
1
10-10
12-
1
11-10
10-31
10-25
10-10
11-
1
10-15
11-
1
10-20
11-15
11-1
11-
10-6
50c
11-15
1
11-
11-
1
10-
10-31
11-
11-
1
1-15-48
123-
7-15-48
6-
9
11-15
10-15
11-15
11-
$4.25
1
10-
1
10-
40c
12-
11-15
1
10-31
10-
8
11-
1
11-18
1-1-48
12-15
$6c
11-
1
9-30
50c
11-15
10-22
12-31
12-10
25c
10-27
10-17
(quar.)
11-24
Co.
10-30
10-
10-20
1
7%
preferred
11-15
1
10-20
1
10-22
Connecticut Light & Power $2
pfd.
$1.90 preferred (quar.)
$4
11-
1
12-
1
11-14
1
Coniaurum
1-15
1
10-15
11-15
10-25
11-
1
10-15
11-
1
10-10
11-
10-24
1
$5
10-21
10-31
Consolidated Edison
10-14
11-
River Power, 6% pfd. (quar.)__
Mines, Ltd. (interim)
Consolidated Chemical Industries, Inc.—
$1 partic. preference class A
(quar.)
$1 partic preference class B
(quar.)
10-15
$1
10-31
1
1
10-18
11-20
10-31
50c
11-25
11-14
Natural
Paper
11-14
Container
Gas
Co.
Co.
Royalty
Oil
Co.
Corp of America,
preferred
Paint
&
3
12-
1
11-15
11-20
9-30
$1.50
$2c
37'Ac
37'Ac
1111-
3
3
11-
1
10-
11-20
1
$3 prior preferred A
.
1
11-20
10-25
10-10
11-20
11-
(increased
(quar.)
quai?,)__
a
(quar.)
10-10
Corn Exchange Bank Trust Co.
$$1.75
11-
1
10-15
Corn
(N.. Y.)
1
,
&
Refining,
Seal,
Forster, 8%
common™.
Ltd.
Co.
(quar.)
preferred (quar.)_
$25c
50c
11- 5
of
(cash
Corp.
J.),
Ltd.,
$5.0c
11-15
10-15
$2
12-31
12-17
•>
10-15
20c
10-30
10-17
37'Ac
10-31
10-21.
$1.06'4
10-31
10-21
$1
10-31
10-15
50c
10-25
10-17
$1.50
11-1
25c
■.
11-14
10-15
10-20
10- 4s
$5
11-
1
10-20
1
11-20
10-30
10-10
10-30
10-10
10c
11-1
10-17
11-
1
10-17
10-25
10-
6
10-25
10-
6
10-29
10-15
10-29
10-15
11-15
11-
10-31
9-30
10-25
10-16
$50c
(quar.)
10-25
10-25
$12'Ac
(quar.)__
1
$$1.12'A
com.
1111-
1
1
9-30
9-30
10-15
10-15
Oil
Co.
5%
(quar:.)
Cable
Corp.
preferred
10-31
10-15
10-31
10-15
55c
preferred
(quar.)__
(increased quar.)
10-31
10-15
25c
(quar.)
conv.
:i2'Ac
15c
11-
1
10-15
12'Ac
11-
1
10-15
35c
10-
11-1
10-20
15c
11-1
10-17
25c
11-
10-
4Cc
10-25
9-19
$1
11-25
11-10
25c
(s-a)
10-20
$1
—
com.
11-25
11-10
87'Ac
11-
6c
1
1
10-20
7
1
10-10
9-1S
93%c
11-
1
10-
37'Ac
11-
1
10-10
11-1
9-30
$1.50
$1.37'A
11-1
$1
11-
1
6
9-30
9-30
20c
11-15
62'Ac
10-31
10-17
87'Ac
(quar.)
10-31
10-17
$1.50
common
(quar.)
11-14
10-16
11-
5
preferred (s-a)__
$2Cc
11-15
10-17
$$1.25
11-1
10-
2.5c
3
11-29'
11-25
?5c
10-30
10-16
(quar.)_
25c
' 10-22
10-10
(quar.)_
62'A.c
10-25
10-1
(quay.}~+4$-$©-4x£^-£------
$1.25
Machln^
Safety Razorr Co.,
preferred
$4.50
10-16
12-
15c
(quar.)
common
Steel
Gimbel
3-16
1
$35c
(quar.)
preferred
Gillette
+
12-16
11-
10c
(quar.)
Giddings & Lewis
3
1-2-48
4-1-48
5Qc/
5%
11-14
1.0-17"
11-14
11-14
12'Ac
11-14
10-
11-28
$25c
dividend)
Canada, Ltd.
11-29
1
6
11-14
11- 4?
Steel
5%
10-
1
11-28
11-28
15c
class A
Co._
of
.11-29
11-
11-1
12-
3
20c
common
(quar.)
25c
10-25
Corp.,
Canada, Ltd.,
Wares, Ltd.,
(quar.)
Gerrard IS. A.) Company,
Gibson Refrigerator Co.
75c
1
$50c
(A.
General
12-15
12-
70c
Products
$1.25
9-
$1.75
Castings Corp.—
$6 preferred (accum.)
11-20
1-2-48
9-30
10-17
17'Ac
preferred
$3.50
—
Quarterly
Cork
11-20
$1
$1.13
Machine
preferred
Kleiser
General
5
10-20
11-13*
10c
&
75c
preferred
1
&
12-
6c
50c
(s-a)
(s-a)_
(quar.)
General Mills, Inc. (quar.)
General Public
Service, $6 prefeired (quar.)
$5.50 preferred (quar.)
$4 conv. preferred (quar.)
General Public Utilities
Corp. (quar.).
General Shoe Corp., common—
10-15
12-
J.)
pfd. (quar.)
(Boston)
3
11-17
N.
5% preferred A (s-a)
General Foods Corp., $3.50
General Investors Trust
10-15
' 9-30
$25c
Co.,
$3.75
10-20
$1
(Newark,
Electric Co
General Finance
Corp.—
$4 preferred series C
10-15
9-30
25c
.
General
Varnish—
Common
11-20
Crum
3
10-
$1
(quar.)
10-31
10-17
10-
1
50c
12-
l
1
11-
25c
common
$$1
11-
(s-a)
(quar.)
Continental Gin Co., 4'A%
Cook
10-31
11-
$1.25
Extra
4%
11-15
50c
Gear
preferred
General
10-20
(Syracuse,
Rubber
Gardner Denver Co., com.
4%
preferred (quar.)
General
Baking Co
10-15
10-15
$1
Consolidated
.
11-15
10-30
&
Stores
Fullerton
York—
Extra
10-18
11-
New
(quar.)
Consolidated
10-15
11-
Co. of
Consolidated
10-15
10-31
preferred
25c
25c
Ins.
Malting,
Gabriel
11-28
$15c
Extra
10-10
47'Ac
Connecticut
10-15
10-20
1
25c
(quar.)
Companies, Ltd.
$2.20
10-21
11-
Life
preferred (quar.)
Froedtert Grain &
10-31
12'Ac
(quar.)__
10-30
11-
$1.14
(.irreg.)
4'A%
10-20
11-15
$1.50
11-
11-20
25c
10-15
12-31
Extra
10-20
11-15
$1.06'/4
$4c
11-
11- 3
11-15
Brewing Co.
&
Fraser
Hampshire)—
(accum.)
10-15
12-15
12-
dividend
Freiman
1
35c
class A
1
$2.50
B
Franklin
10-14
10-22
15c
(quar.)
1
1-25-48
(extra)
Foundation
11-10
10c
$1.75
Foster
10-25
11-
$2.50
Motor Co.
Pitt
Stock
11-20
t
10-31
Inc.
Tire
B
Class
Fort
11-15
11-
(quar.)
Convertible
10-18
12- 1
10-15
10-25
Traders
Foote Bros.
Ford
(quar.)
Insurance (s-a)
Life
Class
1
1
$1
Sterling Steel & Carbide Corp.—
7% preferred (quar.)
Fitzsimmons Stores, Ltd.—
7%
preferred
(quar.)
Florsheim Shoe, class A
(extra)
6
12-
1112-
25c
Firth
10-15
12-18
(quar.)
Firemen's Insurance
6
11-
10-20
10-15
3
(quar.)
(Marshall) (see Marshall Field & Co.)
Filene's (Wm.)
Sons
(quar.)
Fireboard Products, 6% prior
pfd. (quar.)__
11-10
11-
$1.25
pfd.
Y.)
Firestone
11-18
10-25
11-
Associates
Field
1
10-24
11-15
20c
Corp.
(quar.)
Federated Department
Stores, com. (quar.)—
4'A% convertible preferred
(quar.)
Fidelity & Deposit Co. of Md. (qiiai\)
9
1
100%
Fedders-Quigan
9
4-15-48
10-15
11-
50c
&
Quarterly
Park,
1
25c
1
Equipment
&
Fashion
10-10
10-10
11-
30c
Railroad
N.
9-30
$1.12'A
Falconbridge Nickel Mines, Ltd,
Falstaff Brewing Corp.
(quar.)
8
1
10-25
$1.25
(quar.)
Co., 5% preferred (quai\)—
Mills, Ltd., 5% pfd. (quar.)
Eureka Pipe Line Co.
(irreg.)
10-21
10-15
11-
$15c
Extra
87'Ac
11-15
$1.50
Esmond
9-29
1
10-15
$1
Derrick
Farmers
11-10
10-
1
11.50
Quarterly
5
1
11-
30c
(quar.)
Group
1
11-
10-10
(quar.)
Employers
Emsco
10-
10-25
—
dividend)
Corp. (resumed)
Elmira Williamsport RR.
(s-a)
Ely & Walker Dry Goods
Employees Credit Corp., class A
(initial)—
Class B
(initial)
12-19
1
17c
El Dorado Oil Works
(stock
Electric Bond & Share
10-20
1-1-48
J
11-
12-15
6%
2
10-
12-31
1st preferred A
(quar.)
preferred B (accum.)
Eastern Steel Products, Ltd.
(quar.)
Eastern Sugar
Associates, $5 pfd. (accum.)
12-
12-31
10-31
20c
1
15c
(special)
Electric
(New
Co
12-
12-12
2-2-48
9-30
87'Ac
9
10-15
1
$20c
Corporation
Massachusetts Street Railway—
common
11-
10-15
$1.12'A
10-
30c
(quar.)
12-31
(quar.)__
10-31
30c
(quar.)
9-30
2-2-48
15c
Co.
Eastern
$1.78 2-16-48 2-10-48
common
1
$62'Ac
Eastern
1
10-15
11-
$15c
9
11-
10-15
$1.12'A
11-15
preferred
1
11-1
Ltd.—
10-
Products,
11-
9-30
$25c
11-29
4'A%
*
10-31
$25c
10-31
8%
11-
10-30
11-25
1
(quar.)_
Co.,
Supply
(irreg.)
10-10
11-15
10-20
$40c
(quar.)
(quar.)
Goods
&
1
10- 3
$$1.25
preferred
Metals
$-t 10-15
10-23
Ltd.—
Co.,
1st
Ducommun
10-30
10-24
25c
$25c
preference (s-a)
(E. I.) de Nemours & Co.—
$3.50
preferred
(quar.)
$4.50 preferred
(quar.)
8
10-14i 10-15
\ 10-15
$25c
duPont
10-10
10-31
1
12-24
$$1.25
Dryden Paper Co., Ltd.
Dunlop Tire & Rubber
11-18
10-20
convertible
11-
12-24
11-
(quar.)
(quar.)
11-
5 %
Edison
Gas Co.
10-31
$$1.50
1
11-15
$1.78
(quar.)
11-
Crown
—
11-
15c
Quarterly
Community Frosted Foods,
British Columbia PuIr & Paper Co., Ltd.—
7% preference (accum.)™—_—_.
British Columbia Telephone Co.—
6%
2nd preferred
(quar.)
(quar.)
dividend)
Concord
——
(s-a)
$$1.75
87'Ac
11-4
Special'!-.-;j!
$47 1-2-48
77Bowes Co;,;Ltd.w class A (quar,)—$12'Ac
11-15
Bowser, Inc., $1.20. preferred (quar.)
30c
12- 1
Brazilian Traction Light & Power, Ltd.
10-23
35c
Co.,
(cash
National
1-31-48
$1
Co.
&
Commonwealth
$3
20c
25c
11-15
20c
10-15
16c
(quar.)
$$1.25
10-10
;> 10-10
10-15
$75c
(quar.)
Dominion Woollens &
Worsted, Ltd.
Donnacona Paper, Ltd.—
9-22
10c
(quar.)
1
62'Ac
(quar.)
Booth Fisheries Corp., common
4% preferred (quar.)
1
15c
8c
$62'Ac
$40c
10-15
11-
20o
10-30
75c
$1.50 *
56%c
Blue Ribbon! Corp.,
Blue Top Brewing,
11-15
$2.25
(quar.)
Pictures,
25c
(quar.)
Blissj (E.: W.)
$20c
10-20
10-20
10-25
$37'Ac
Voting trust certificates
each
dividend
50c
(quar.)
6
11- >
yl- ft
$20c
(quar.)
Quarterly
9-30
20o
Manufacturing Co.
50c
». (quar.)
Birtmah: Electric Co.
12-
35c
40c
$1.18%
10-
10-10*
11-15
1-15-48
15c
Dominion Tar & Chemical
Co., Ltd.—
Common (quar.)
Commonwealth International Corp., Ltd.—
$37'Ac
(quar.)
Best; & -Compahy
B
11-25
$12'Ac
quar.)
-
Corp.
for
common
Extra
11-
60c
$3 prior pfd. (quar.)
$6
1st preferred
(quar.)
Beck (A. S.) Shoe Corp., common (quar.)™
4%% preferred (quar.)
Beneficial!Corp;, common (quar.)
$6! preferred. \s-a)
?
Mills,
10-25
$50c
Beau-Arts Apts.,
Class
preferred
1-2-48
1
11-20
40c
(quar.)
(quar.)
Colgate-Palmolive-Peet
10c
common
Y.)
common
Colonial Sand & Stone
Extra
Baystate
preferred
preferred
10-17
83Ao
(quar.)
11-
$2c
25c
4
Electric
10-15
17'Ac
preferred
&
10-15
15c
convertible
Gas
1
Baltimore Porcelain Steel—
$10c
25c
1
Colonial
8
preferred
10-20
1
$25c
(quar.)
preference
preferred
(quar.)
Dominion Oilcloth & Linoleum
9-30
25c
10-31
$3.50
3
12-
10-31
$0.2083
Oil,
11-
7c
$1
(N.
Co.
10-20
11-
$1.12
Wilcox
&
RR.
1
30c
10-
1-1-48
10-10*
$30c
5%
—
5% preferred (quar.)
Clinton Industries, Inc.
Nichols
Convertible
Babcock
Bank
Monthly
Monthly
Monthly
Coast Breweries, Ltd.
1
10-31
$20c
$17'Ac
5%
Erie
quar.)
11-
t$1.37'/2
$18%c
56'Ac
Ry.,
Ltd.—
10-10
Preferred
Clearing Machine Corp., new com. (initial)Cleveland, Cincinnati, Chicago & St. Louis
10-20
1
11-1
11-1
preference
convertible
Dominion Mailing
Co., Ltd., com.
Common (quar.)
Corp.—
(quar.)
City Stores Co., common (quar.)
Class A (quar.)
City Title Insurance Co. (quar.)
Refining Co.—
4% convertible preferred A
3.75% preferred B (quar.)
10-10
15c
(quar.)
1st
1
$1.12'A
(quar.)
(quar.)
7%
11-
$50c
2%
City Investing Co
City of Paris Dry Goods—
RR.—
11-30
Co.—
Cotton
1st
12-15
1st
2nd
Ekco
prior preferred
7%
9-30
9-30
50c
Louis
Cincinnati
$22'Ac
Fe
pfd.
Investment
Common
9-22
1
1
25c
Common
a5%
6%
11-
$1
preference
National
$2.50
Dome
10-20
30c
'
Dominion
8
10-10
3'Ac
..
Dominion
9-19
11-
$$2
quar.)
85c
common
(quar.)
(increased
Chickasha
11-10
12-26
12-
10-25
9c
15c
Electric,
Chicago Allerton Hotel Co. (irreg.).,
Chicago Corp. (quar.)
Chicago Pneumatic Tool Co.—
10-31
Industries, Ltd.—
4%
&
share of Chesapeake & Ohio Ry. held—
3'A%
convertible
preferred
(quar.)
1-25
12- 1
12- 1
1
12-23
12-15
a2'A%
a2'A%
—
50c
(extra)
Co
Candy
St.
10-
12-
1
$1
(quar.)
Mines, Ltd
Bridge Co., Ltd. (quar.)
Fabrics, Ltd., common (quar.)__
11-1
10-27
25c
Manufacturing Corp.
10-25
11-
25c
Mfg. Co
(quar.)
Divco Corporation (increased
Dividend Shares, Inc.
(irreg.)
Dixie Cup Co.,
common
Dodge
3
10-27
$4
25c
Chesapeake Corp. of Virginia
Chesapeake & Ohio Ry. Co. (stock dividend)
l/40th of a share of New York, Chicago &
10-15
10-15
2
10-
11-15
ot>e
—
Special
\
12-
10-31
20c
75c
(Mass.)
11-
50c
$15c
1
(quar.)
Investment Trust (quar.)
Distillers Co., Ltd.,
ordinary (final)
10-31
12-18
25c
Diocesan
10-31
11-15
Inc.
3
10-18
10-10
12'Ac
37'Ac
(increased)
Chain Store Real Estate Trust
10-16
10-10
$10c
'$$1.12%
preferred
Santa
(quar.)
(quar.)
1
25c
(quar.)
&
pfd.
Power Corp.—
(quar.)
Light (Texas) —
convertible
Vilbiss Company
Dickey (W. S.) Clay
9-30
11-15
10-
10-25
10-25
20c
50c
preferred
10-23
10-20
$1.25
(stock dividend)
Products Corp.,
common
Store
4'A%
11-
7'Ac
(resumed)
City Electric,
&
prior
Belt
Chain
1-21
$1
(quar.)
(interim)
preferred
Atlantic
4'A%
40c
37'Ac
62'Ac
10-25
$1.78
Co.
Diebold,
10-21
Y.
(irreg.)
common
De
10-15
ft
10-24
$2
Extra
10-10
1
(quar.)
5%
preferred (quar.)
—
Detroit River Tunnel (s-a)
10-10
1
11-
A
(quar.)
5%
(initial)
Gas
York
Certain-Teed
1
11-
75c
37'AO
preferred
Power
Common
Equipment Corp., common
4'A% preferred (quar.)
Atlantic
Coke
preferred
$1.12'/2
Aro
Associated Telephone
&
11-
$20c
30c
Century Electric Co.
10-22
$3
6%
(accum.)
Quarterly
(s-a)
Associated Electrical
Atchison
3.40%
Central
10- 9
12-
7>Ac
Arkansas Fuel
Austin
Coal
1
1
$56'Ac
Common
Ault
Central
1111-
11-
(quar.)—
common
Associates
$1.25
15c
15c
(quar.)—
(quar.)
Aguire
10-10
1
$12'Ac
(quar.)
common
preferred
Central
Co.—
Argus Corporation Ltd. com. (quar.)
4'A% conv. preference (quar.)
Atlas
12-19
11- 1
$1.50 1-31-48
(s-a)
common
Ordinary
5%
10-20
25c
Inc.,
5%
Caterpillar Tractor Co.
11-1
A
pfd.
conv.
Celotex
$1.50
(quar.)
4%
10-17
Chain
Extra
Argus,
Paper,
Corp.,
11-
$1.25
Light,
10-
1-2-48
$3
Arcade Cotton Mills Co., common
preferred
Oil Corp.
&
11-7
3
10-16
$50c
10-31
1
11-24
$20c
Ry
11-28
30c
(s-a)
Appalachian Electric Power—
4'A% preferred (quar.)
8%
Carpenter
Products—
Anglo-Canadian Telephone
4»A% preferred
(quar.)
(s-a)__
(quar.)
(quar.)
Power
2%%
$20c
I
10-
10-20
20c
(quar.)
Detroit-Michigan Stove
10-16
$$1.25
Ltd., class
11-
$1.25
preferred
Anderson Clayton & Co.
preferred
4%
prior preferred (quar.)
prior preferred (quar.)
6%
5%
1
10-15
(quar.)
Utilities, Ltd., 5%
Carolina
11-
Light
Detroit Gasket & Mfg.
10-15
+37'Ac
Pacific
50c
(quar.)
Cable
&
11-3
25c
(quar.)
!
American Vitrified Products,
Anaconda
11-18
53VaC
com.
common
6%
10-17
50c
(quar.)
Inc.,
1
11-15
1
10-15
(quar.)
Carolina Clinchfield & Ohio Railway—
Common (quar.)
12- B
11-
$1.75
Participating preferred (extra)
American Zinc, Lead & Smelting—
$5 prior preferred (quar.)
Metal,
12-18
12-15
11-
1
Preferred
5
11-
1
(quar.)
Vickei's, Ltd. 7% pfd.
Capital Estates, Inc. (interim)
Capwell Sullivan & Furth Oak—
10-16
11.78
40c
Co.,
1
11-
$1
(quar.)
preferred
11-
11-15
56"Ac
(quar.)
American Thermos
preferred A
Canadian
10-16
1
Ltd.—
Cordage,
Canadian
10-15
1
25c
American Screw
American Stove
Association
Canadian
10-14*
10-25
11-
37'/2c
(bi-monthly)
Goods Co.—
Paper
preferred
11-1
2c
(quar.)
1
12-
11-
Canada Wire & Cable, class A (interim)
Canadian Bronze Co., Ltd., common (quar.)_
10-11
1
Power &
Manufacturing Co., class
debentures (quar.)
Dentist's Supply Co. of N.
7%
preferred (quar.)
$8
Derby Oil Co.,
11-
25c
Delaware
Dennison
11-15
12-17
11-15
50c
11-4
11-17
12-18
10-26
50c
11-4
4
1
30c
11-4
11-
(quar.)
preferred
Rock
11-
10c
common
(quar.)
Oil Corp
1
11-
Canadian Ice Machine, Ltd., class A
(quar.)
Canadian Industries, Ltd., common (quar.)_
Canadian Investors Corp.
(quar.)
Canadian Malartic Gold Mines, Ltd. (s-a)—
Canadian Oil Co.'s, Ltd. (quar.)
1
Deep
Co.,
1-2-48
1-2-48
50c
A
12-1
30c
50c
Co.
American
Western
Rubber
class
Holder*
100%
12-
12-15
SI
25c
(increased)
87'Ac
50c
Canadian Converters,
11-
1
4
25c
10-16
11-15
$2
..
10-17
10c
News
Insurance
convertible
5%
Dayton
10-25
%
Dominion Sugar (quar.)
Power Corp. com.
B
(quar.)
1
30c
preferred
Telephone^ com.
(quar.)
11-
American Light & Traction,
American
Canada
11-8
10-14
1
1
$37c
10-31
50c
quar.)
pfd.
Fire
Class
American Home Products ) monthly)
American
Hydraulics,
Inc.
(monthly)
6%
Camden
1
11-
American Hard Rubber, 7%
&
&
75c
American Fork & Hoe Co.,
(quar.)
(quar.)—
Northern
50c
American
common
t(quar.)___',._lL
Canada
1
1
Water
Canada
l
12-
prefexred
8
(quar.)
Co.
1st
Ltd.,
45
Payable of Ree.
$1.25
(quar.)
87'Ac
Stock dividend
Davidson Bros, (quar.)
1
12-
..
preferred (quar.)
Cunningham Drug Stores
11-
11-
(year-end)
3'A%
12-
When
share
Cuban Atlantic
Sugar, ,5% preferred
Cuneo Press, Inc.,
common
25c
$1.75
(s-a)
.
preferred
11-
10-20
Common
(Holding), Ltd.—
Mills,
preferred
12-
10-30
25c
62'Ac
Extra
Ampco
$1.50
12-
125c
(quar.)
(quar.)
Board
Linen
9-18
Ltd.—
Corp.
Co.
American Can
5%
10-
com.
preference
California
10-31
10-22
$35c
80c 2nd participating preferred
(quar.)—
California Electric Power $3 pfd. (quar.)—
$1
1
$2.14
(quar.)
Wireless
Caldwell
20c
(quar.)
Petroleum
American
7%
Cable &
35c
of Canada,
preferred
6%
1
Co.
M.)
preferred
15c
(A. S.)
4%
7
10-20
25c
(quar.)
(quar.)
Co.
10-
!
(s-a)
California-Oregon Power, new com. (initial)
California Packing Corp., common (quar.)__
5% preferred (quar.)
10-15
1
113c
Extra
Aloe
(A.
$1.20
(quar.)
Co.
1
5c
common
Stores,
(Louis)
1111-
35c
(initial)
Air Reduction
Allis
10-15
50c
Inc.__
common
10-25
27'Ac
(quar.)
Extra (payable in cash or Stock)
Agnew-Surpass Shoe Stores—
New
Payable of Rec.
Inc.—•
preferred
Adams-Millis Corp.
; Affiliated
Holders
11-
$15c
5'A%
Per
(quar.)—
Extra
Byers
7%
10-22
11-
Company
87'Ac
(quar.)
6% pfd
Co.
11- 1
$1
preferred
preferred
Mfg.
25c
25c
—
Butterfly Hosiery Co.
10-10:
$1
preferred (quar.)
3'A% convertible 2nd
3'A%
10-13
10-15
10-20
30c
(quar.)
4%
10-15
10-31
10-31
—
(quar.)
Per
Name of
Cuban-American Sugar Co.—
10c
75c
(Los Angeles)
Extra
10-27
25c
Bankshares
County
Forge
Payable of Rec.
90c
$1.50
(1617)
Holders
$$1.25
(quar.)
Manufacturing (extra)
Buckeye Steel Castings, common (quar.)
6%
When
Canada, Ltd.—
(quar.)
Co., $3.60 preferred
Brunner
11.- 3
CHRONICLE
Share
of
preferred
30c
Extra
FINANCIAL
Per
Payable of Rec.
5c
(quar.)
&
Holder*
$20c
$1.12V/2
COMMERCIAL
Brothers,1 Inc.,
preferred'(quar.)
Globe-Union, Inc. (quar.)
jsommon.
cofKMoh
(quar.)™
JJ__™
—
-
11-
1
10-
1
5Cc
10-25
10-10
$1.12%
10-25
10-10
11-
10-17
20c
1
r
Per
Share
Name of Company
Rubber Co., com. (quar.)
Goodyear Tire &
$1
12-15
11-14
$50c
10-31
Groceterias
Class
10-10
$2.50
12-15
12-
A
40c
11- 1
1
11-
Extra
EXtrdl
11-15
$25c
11-15
10-15
$15c
11-15
10-15
1
10-15
— mmwrnam
—
50c
<H?"l.)
Co., Inc. (quar.)--Western Brewery Co.—
dividend ——
New
common
(initial)-—
Gness-Pfleger Tanning Co. (quar.)
Lord
10-31
56V4C
11-
preferred
12-
5
TTfl^«
S
10-15
10-21
10-1
Luzerne
11-15
11-
$200
12- 1
ii-1
12 1
11-15
preferred (quar.)__
Light, $6 pfd. (quar.)__
common ($5 P&r)for
each two shares of common held (three
&
M.
&
Co.
Marine
Ltd.,
11- 1
10-20
Massachusetts
10-27
10-
68%c
11-1
10-15
tl2VaC
Brewing Co.
Corp. of America—
Harvard
Hat
A-
Class
3%%
$1
Stock
and bond
preferred
41/2 %
(quar.)
7
11- 1
10-
9
11-20
11-
3*
11-20
11-
3*
Keystone
10-15
11-
1
10-15
Monsanto
11-
1
10-15
$3.25
11-30
10-31
11-30
10-31
Morrell
Morris
Manufacturing
Kobacker Stores,
$1.37Va
H )
1
10-23
10-31
12-10
11-25
11-
1
10-15
$1
12-
1
11-
1
11-
1
10-
11-
1
11- 1
10-30
11- 1
10-16
12-
1
10-
10-20
10-28
12-15
Original capital J—
Link Belt CO.
(quar.).-
1
11-
1
9-30
10-31
10-15
11-10
11-15
11-
37 Vic
10-30
10-11
1
11-
1
10-
3
1
11-15
11-
11-
1
9-30
10-20
Cash
9-30
dividend
Stock
1
12-
1
$1.75
11-10
1
35c
11-29
11-20
9-30
25c
11-15
11-
1
11-
5
10-15
$75c
12-11
12-
$3
12-31
12-22
11-
1
4
10-15
50c
10-28
10-15*
10-28
10-15*
10-28
$1.12V2
(quar.)
11-
1
10-15*
10-31
12-31
11- 1
10-21
20%
11- 1
250
(irreg.)—
m/v
11- 1
10-
$1
11-
1
10-16
87 Vic
11-
1
10-16
Stamping
Tank
Co.
11-21
60c
12-10
50c
3-10-48
2-29
12-10
11-21
$1.10 3-10-48
2-23
River
(quar.)
$1.50
40c
(quar.)
5c
Co
25c
(quar.)
pfd.
53'/a c
(quar.)
12- 1
ii- i
12-13
12-13
11-
1
1-1-48
1212-
2
5
10-21
10-31
11-15
J25c
Cordage,
common
Flour
Mills, Ltd.,
Mines,
Ltd.,
class
A.),
Inc.
Co.,
$3.40
preferred
Insurance
Co.
Sharp & Dohme,
20c
$1.50
States
10-22
10-10
Sloss-Sheffield
11-
10-20
Smith
1
12-10
11-20
10-25
10-15
Southam
10-25
10-15
Southeastern
11-
1
10-15
$1.50
10-20
9-30
$1.75
10-20
9-30
Southern
6
Power
preferred (accum.)
7%
preferred (accum.)
Northwest Airlines 4.6% pfd.
11-
Engineering
,
Co.,
com.
,,5% preferred (quar.)
Ogilvie Flour Mills, Ltd.,
Oklahoma
Oklahoma
Gas
&
Gas,
conv.
11-1
10-15
10-30
pfd.
(quar.)_>
t$1.75
10-30
10-15
t
Ltd.,
Ltd.
(quar.)__I
10-17
9
12-15
12-
11-
1
10-17
11-
1
t0-14
1
11-17
11-
1
10-14
11-
1
10-10
$30c
(quar.71
11-25
10c
12-
1
12-
1
11-
3
11-
3
11-15
10-15
11-
1
10-15
70c
11-20
11-10
25c
11-
10- 3
$30c
3
{25c
7
10-30
9-30
{50c
(quar.)
10-20
9-30
{25c
quar.)
11-15
10-17
12-
40c
7
10- 4
28c
10-31
10- 4
$30c
11-15
10-20
$1.20
11-
1
10-15
555
11-
1
10-15
40c
12-1
11-15
4.8%
Indiana
preferred
Southwestern
$2.20
Gas
Co., Ltd.—
(quar.)
Electric
Co.—
(quar.)
Associated
preferred
Southwestern
&
Telephone—
(quar.)_
Public
Service—
*.
Common .(increased quar.)
3.70%
preferred
(quar.)
3.90%
preferred
(quar.)
(quar.)—$0.59375
11-15
10-15
1
Ltd.—
convertible preference
9-30
10-31
10-17
11-
Southern Canada Pbwer Co., Ltd. (increased)
U: 1
$1.12'/a
10-
1
J30c
'
11-15
preferred (quar.),
1
11-
25c
Greyhound Lines
(quar.)
10-30
11-i
1
U-
10c
common
(increased
50c
:
12-
11-10
common (quar.)
&
Iron
(irreg.)
55c
com.
common
11-14
8
11-17
10-27
12-
10-17*
1
10-15
$1.25
preferred series A
Oliver Corp., 4'/2%
(quar.)
7%
Electric
Natural
10-15
1
10-31
10-17
20c
(quar.)
Extra
Shoe
1
II- 1
28%c
• • .50c
(quar.)
10-
11-
$$125
Ltd.,
California Edison
Common
4.48%
25c
Northwest
Co.,
10-24
87'/2c
(quar.)
(quar.)
Steel
10-15
37V2C
Southern
37 ViC
(quar.)
(Delaware) —
Co.
O.) Corp._
(Howard) Paper Mills,
Common (quar.)
4% preferred (quar.)
10-
10-15
10-20
11-10
(A.
10-20
1
25c
(quar.)
(N.),Co.,
5c
Corp.—
preferred
pfd.
(irreg.)
conv.
Smith
8c
Illinois
Slater
1
11-
11-10
{20c
(quar.)
& Sons.,
Corp.
6
12-13
11-
50c
(quar.)
Corp. of America (quar.)
Sherwin Williams Co. of Canada, Ltd.—
8c
—
convertible
$3.50
Mining
Water & Power
10-15
11-10
12-20
33 3/10c
Shattuck-Denn
25c
(quar.)
Engineering Works
(Delaware), $1.50 pfd. A
Sheraton
25c
10-
29!/2c
(initial)
preferred (initial)
1
Oil
5
12'/2c
A
11-
Sinclair
11-
9-30
25c
class
1
(H.)
10-15
85c
(quar.)
12-
preferred
9-30
1
Co.—
$3.50
5%
1
91 Vic
pfd.
(quar.)
Finance
1
1111-
10c
preferred B
Common
1
50c
(quar.)
convertible
Shawinigan
11-
1
11-
iiOc
(quar.)
Manufacturing
Simon
10-15
t20c
Seaboard Oil Co. of Delaware
10-15
1
Associates,
7
71
1
1
10-15
11-
J40c
A
1
11-
10-25
1
$7c
;
11-
10-16
10-25
11-15
11-
133;jc
(s-a)
Corp
11-
$5
(quar.)
Loan
10-15
1
(quar.)
pfd.
Ltd.
Remedial
1
11-
10-15
11-15
750
Gold
1
93 %c
10-10
10-22
JS1.75
1
10-20
(quar.j
com.
conv.
12-
10-15
3
25c
(quar.)
Corp., 55c
12-
1
11-
45c
(quar.)
11-
1
12-10
$1.31>A
(quar.)
50c
11-
10-15
11-15
10-18
Container,
11-
10-15
12-20
10-18
Electric
15c
10-25
10-25
10-31
$3.65
97 %c
10-15
10-31
Seaboard
10-15
1
50c
common
10-16
1
10-15
11-
11-15
RR.
1
11-
10-17
1
25c
11-
50c
1
11-
50c
Scranton
$1
11-
1
25c
Paper
Seaboard
10-15
isc
(quar.)_
$1.18%
(quar.)
common
1
of New York
Inc.,
Distillers
5V2%
11-
52J/2C
(quar.)_
preferred
10-15
5
U-
$1.05
Whitehall
10-14
11-
1
10-10
(D.
Scovill
12-
10-10
Co.,
Scott
10-21
t40c
10-
Class B
10-15
1
10-21
United
Schenley
10-13
10-21
II-
20c
Francisco
1
1
71
Antonio
10-30
11-
10-16-
11-
12'/>c
Fund
preferred
Scarfe
10-20
12-
10-20
11-13
25c
Semi-annual
2
10-20
1
50c
pfd.
75c
6%
4%%
San
1
11-
80C
50c
Nunn-Bush
7SC
$15c
(quar.)
Fabrics
Northern
10-28
10-20
11-
25c
_
10-24
50c
(quar.)
10-15
Lawrence
7%
10-24
10-30
1
Fine Foods,
Schulte
B
Bedford
$1.50
10-30
Co.—
Mallinson
Northern
1
$1.10
i
Lead
Extra
20
15c
Products
preferred
St.
10-30
50c
11-
convertible
Samson
$1.50
preferred
Hosiery Mills, Ltd.
Northern
9-30
$250 1-31-48
■
2nd
Food
North
10-20
12 Vic
$25c
non-cum.
preferred (s-a)_.
New Jersey Worsted Mills (irreg.)
New York Meiyhandise Co
New York Power & Light—
3.90% pfd. quar.)
Newberry (J. J.) Co., 3%% pfd. (quar.)
Niagara Hudson Power Corp.—
5% 1st preferred (accum.)
Norfolk & Western Railway Co.—
New adjustment preferred (initial quar.)Norma-Hoffman Bearings,
common
6% preferred (quar.)
North American Acceptance Corp.
(Pa.) —
Class A
(quar.)
11-10
5c
10-11*
$2.50
preferred
Class B
10-15
10-15
1
Corp.—
1st
New
10-25
11-
1
10-24
30c
12c
&
W.
Ban
Water Co. (s-a)
Neisner Bros., 4%%
conv. pfd.
10-11
Rutland
11-
10-24
10-30
10-21
Berg
11-
10-15
10-30
1
Russell
50c
10-31
20c
1
10-20
10c
Products Corp.
(quar.)
Welding Machine—
(quar.)
7%
11- 1
56V4C
i
1
1
&
10-24
11-
11-
4%
1
11-
40c
S.
10-17
11-
11-
Rockland
12-15
11-
tl5c
l5c
10-15
10-31
10-10
1
11-29
11-25
}10c
1
10-15
11-
$25c
$1.25
11-
1
10-15
$1.50
Cotton
12-31
11-14
10-31
$62V2C
Cement
Robinson
11-15
10-15
15C
_
Riverside
10-15
11-
1
1
1-1-48
Co., $5 pfd. (quar.)...Ill
Mills. Ltd.
(quar.)
Light & Power (quar.)
12-18
Electric
non-cum.
Cedar
1
$2
1112-
4
30c
(quar.)
1
Works (initial)
11-
15c
10-
15c
Tobacco,
20c
Distillers
Erie
J.)
12-26
$1.75
10-24*
5
$1.06Vi
Quarterly
—
1
11-15
11-
41 Vic
(quar.)
preferred
Racing Association
56 %C
Naugatuck
12-22
96V4c
SI.50
National
11-10
12-29
56 Vic
Richmond Insurance Co.
(quar.)
9-30
12-
45C
10-14
(quar.)
I-1-48
9-30
10-11
t3c
(quar.)
Brass, 5'/4%
10-21
Pfd.
1
68a/4c
$1
America—
11-
6
75c
preferred
Riphmond
of
9-29
100%
11-29
Co.
9-29
$$2
common
12-15
Chemical
10-
10-21
10-20
__
common
Co.,
62 V2C
(quar.)
10-20
10-21
10-20
(irreg.)
Petroleum
(R.
16-15
10-20
6c
dividend
5V2%
10-15
90c
preferred A (quar.)
6% preferred B (quar.)
Republic Natural Gas-
Republic
1
1
10-31
(quar.7
6%
10-15
10-20
1111-
15c
Class B (quar.)
Rice-Stix Dry Goods
National Tea Co. 4Vi%
10-15
11-
10c
——*
1
11-29
National
10-17
$2 5c
—
12-
10-15
National
11-15
11-
$1.21 Vi
—-sr:—
10-15
10-31
6%
11-15
50c
„
-
1
12-15
Ltd.
National
9-30
12-15
20c
—r—
11-
16-15
50c
_
_
20c
3%
10-10
$3c
(irreg.)
►—
/.
(quar.)
(quar.)
80c
3
$1
Regent Knitting Mills, Ltd.—
$1.60 non-cum. preferred
(quar.)
Reitman's, Ltd. (Canada), 5% pfd. (quar.).
Reliance Electric & Engineering—
$2.10 convertible preferred (quar.)
Republic Investors Fund—
$12ViC
Rice Mills,
National
?
10-31
5%
RR.—.
10-15
Reynolds
National
5c
——7
guaranteed
guaranteed
/■Original capital
1
11-15
Common
11-14
$1
Quarterly —*——-i-—•
Miami
11-
1
11-
$1.25
(quar.)
common
3
5%
3c
Loan" Corp.;
Special
Special
12-15
$1.10
1
10-
1
(quar.)
Co., $2 class A
12-
National
—
Little
1-2-48
$12 Vic
Co.,
(C. A.)
Class B
Revere Copper &
Extra
10-20
95c
——
common
Reed
lc
National
9-30
20c
6% preferred (s-a)
pfd. (quar.)
preferred? (quar.) ——:
10-15
Revere
National
10-31
11-
$1
Printing Corp.,
Reading
1
6
10-
10-22
75C
Pile,
11-15
National Chemical & Mfg.
10-17
1
10-20
50c
(James) & Sons Co., 3.85%
& Tire, (quar.)
$3.50
10-15
11-
10-
10-22
$3
(quar.)__
3
Straus-Duparquet (quar.)
National Battery Co
National Casket Co., common (increased)
$7 preferred (quar.)
10-20
$1
Rubber
Lincoln
10-24
$1.50
preferred
Concrete
$3 preferred
10-20
50c
J
convertible
12-
Mutual
9
20c
50c preferred (quar.) —
Life & Casualty Insurance Co. of TennesseeStock dividend
——
.■
50c
4%
Raymond
45c
(quar.)
6% preferred (quar.)
Narragansett Electric, 4Vi%
10-18
1
$3c
Life Insurance Co. (Ind.)
10-31
62 Vic
(quar.)
Brewing Co., common (s-a)
5% participating preferred (s-a)
Munson Line, Inc.
(irreg.)
10-10
11-
87 Vic
(quar.)--——
-Lane Bryant, Inc., 4Vi%
preferred (quar.)Langley's Ltd., 7% conv. pfd. (accum.)—-
Lincoln National
11-15
62 Vic
I s-a )
(quar.)
common
Nathan
2c
Machine Co.
'^uftrtGrlv
$3.25
62 Vic
common
Muehlebach
11-25
50c
40c
50C
lc
Mount Royal
10-15
10-16
___:
Quarterly
9-30
933/4c
—
4Vi% preferred
Brothers, Ltd. (quar.)
6-20
9-20
56 %c
(quar.)
A
Power,
preferred
1
Extra
7-2-48
75c
-
securities)
10-2-48
Mount Diablo Oil Mining & Development—
10-15
87 Vic
L'Aiglon Apparel, Inc. (quar.)
(John), Ltd. (extra)—
Laclede-Christy Clay
Products-Lake Dufault Mines, Ltd. (interim)
dividend
Co.,
11-
Radford (J. M.) Grocery, 4V2% pfd.
(quar.)
Railway & Light Securites (quar.)
Special (from gains realized 011 sales of
25c
Inc.—
preferred
States
95c
Quaker Oats
25c
$1.62 Va
(s-a)
series
convertible
5%
10-15
34 %c
Stores,
5%
6-20
of America—
preferred
Mountain
11-14
1
30c
(quar.)
Plan Corp.
4
Co.
series A
participating preference (quar.)
(John)
& Co.
(quar.)
$2.25
2
11-
$1.25
Labatt
Extra
10-
15c
(quar.)
Lawyers Title Insurance,
1
40c
&
preferred
$3
2
11- 1
Company
2nd
10-
62 Vic
Inc., common (quar.)
preferred
11- 1
50c
Co.
Kroehler Mfg. Co., 4*/2 % preferred A (quar.)
(S
Chemical
pfd.
Morrison-Knudsen
12-
13%c
(quar.)
Co.
11-
11-
7 Vic
(quar.)~__
Liberty
10- 9
11- 1
16%%
Kingan &~Co"~~4% preferred
Kirkland Lake Gold Mining Co., Ltd.
Stock
12- 8
10-16
Colorado, com.
Extra
Inc., common (quar.)
Ltd. (interim)—
Kennedy's,
Lewis
7
10-
50c
Kerr-Addison,
Lerner
10-
1
$8%c
Kansas-Nebraska Natural Gas—
Stock dividend
Lee
1
1
Purity Flour Mills, Ltd.—
Redeemable
preferred
(quar.)
Co., 6% preferred (quar.)
Quebec Power Co. (quar.)
Quinte Milk Products, Ltd., class A
3-20
11-
t$1.75
Power & Light—
4%
preferred (quar.)
■--■
Jewel Tea Co., 3%% preferred (quai.
Johns-Manville Co.. 3Vi% pfd. (quai.)
Johnson Ranch Royalty (quar.)
Johnson & Johnson, 4%
2nd pfd. (quar.)
31/2%
2nd preferred (quar.)
-Johnston Mutual Fund
Julian & Kokenge (irreg.)
Kalamazoo Stove & Furnace (quar.)
Kansas City Power & Light—
3.8O% preferred (quar.)
Lees
4-2-48
(quar.)
prior preferred (quar.)
$1 prior preferred (quar.)
$1 prior preferred (quar.)
Minneapolis-Moline Power Implement—
$6.50 convertible preferred (accum.)
Minneapolis & St. Louis Railway (irreg.)
Mississippi Power & Light, $6 pfd. (quar.).
Modern Tool Works, Ltd. (quar.)
Monongahela Pow«* Co., $4.40 pfd. (quar.)_
4.80%
preferred B (initial)
10-31
Jersey Central
Landis
25C
$1
12-31
-
7%
12-20
30c
Products Corp.——
International Resistance Co.-—
6% convertible preferred (quar
Ironrite Ironer, 55c conv. preferred (quar.)
laie
Royal Copper
—jr--,-"-":"
Jacobs (P. L.) Co., 5% conv. pfd. (quar.)_
jaeger Machine Co. (increased) _
--jantzen Knitting Mills, common (quar.)
5% preferred A (quar.)—
Kroger
9-20
1-2-48
10-20
International
Kress
7-2-48
10-2-48
25c
10-20
preferred (quar.)
preferred ($5 par), (quar.)—
7%
n%
25c
1
Canada, Ltd.
International Nickel Co. of
11-18
25c
$1.12 V2
—
1
Common
11- 1
International Educational Publishing
Preferred (accum.) —-----—
rfT—"
12-
Common
11-
50c
10-10
10-10
25c
—
10-20
10-15
Moody's Investors Service,
(quar.)
Public Service
1
10-15
11-
__
4Vi%
preferred
(quar.)
Puget Sound Pulp & Timber, 6%
Purex
Corp.,
Ltd
10-22
1
<quar.)__
10-15
3-20
common
prior preferred
$1.10
(s-a)
10-15
4-2-48
$.1
pfd.
1
25c
10-27
10-
60c
1
Common
11-20
1
I ~
11-
3c
Co
1
11-
preferred
4%
of
1
$1 50
Ltd.. (interim)
Co.
11-15
10-
10c
11-
15c
Supply
&
Inc.,
Gamble
Proprietary Mines,
11-15
10-25
(quar.)__
pfd.
$1.10
10-15
20c
common
Abrasive
Ltd.,
5
~
$1.75
12-20
IOC
shares.-—
Corp.,
10-15
1-2-48
""-l
Interchemical
1
25c
15c
Ltd.
11-
&
12-
12 Vic
;
Brothers,
10-20
5
4.15%
preferred iquar.)
Spalding (A, G.) & Bros. (s-a)_
v.
•
10-15*
1
12-
25c
Employee's special stock
Potomac Edison Co., 3.60%
Price
1
11-
90c
10-15
25c
(quar.)
(quar.)
Piping
11-
50c
.
—1
Procter
1
11-
io-io
preferred (quar.)_
Piedmont & Northern Railway (quar.)
Pittsburgh Screw & Bolt Corp
I
10-31
1
1
1
(quar.)
5%
11-
10-
11«.
1
Phillips-Jones Corp.,
11-15
10-20
1
12-
Philadelphia & Reading Coal & Iron
Philadelphia Transportation Co
Participating preferred (s-a)
Philadelphia &. Western RR. (special)
Philip Morris & C0., Ltd.
4% preferred (quar.)
10-17
2c
1
12-
II-
Plymouth Cordage Co. com
Products
10-
87%c
(quar.)
1
1
1
25c
(s-d)
Philadelphia Electric, 4.40%
11-
$25c
10-15
11-
.$1.10
(quar.)
10-17
$1.75
11-8
2-5-38
11-15
$1.061/4
,
(quar.)
preferred,
Extra
10-15
12-15
11-15
92%c
;
—
preferred
10-31
I-1-48
t$1.50
(quar.)
preferred
10-10
$75c
New 3J/2% preferred '(initial)
Perkins Machine & Gear Co
com.
10-23
26c 3-15-48
Pfeiffer Brewing
Co.
5
10-31
50c
(quar.)
.
10-15
11-
$68%c
(quar.)
1
Common
Midwest
(accum.)"_!
(quar
1
75c
pref.
11-
40c
com.
common
11-
Co.—
preferred
50C
shares
Aviation
(quar.)
10-20
(quar.)
Ltd.,
45C
10-14
15C
ExtrB»
^'Institutional Shares,
quar.)
10-30
25c
$1
(increased
com.
6
10-21
_
»
$3.60
10-
10-26
(quar.)
6%... preferred
3.80%
10-15
11-15
(quar.)
_
10-
11-
3%
Glass
1
10-15
15C
Chemical Industries, Ltd.
(interim) —
Indiana Associated Telephone—
$2 preferred .(quar.)
Industrial
Brownhoist (quar.)
-
10-24
18C
Ordinary
9-30
11-
32V2C
'
10-17
15c
50c
Imperial
1
50c
62 Vic
-
Ltd.—
1
(quar.)
Corp.,
Miller & Hart,
8
$1
RR. (quar.)
(quar.)
Terminal
Zinc Co.
Illinois
45C
$1.50
11-
11-29
Mid-West
10-15
11-
10-21
preferred
6%
1
10-29
$1.62'/a
Co
Philadelphia Co.
11-30
(quar.)
preferred
(quar.)
Michigan Steel Tube Products
12-20
$1
11-15
10-27
11-
Co.—
Brewery, Ltd., 5»/2%
Telephone Co.,
Extra
10-15
75c
Pennsylvania Electric Co.—
3.70% preferred ,C (quar.)
1
43%C
preferred
7%
10-15
10C
12-
10-15
4.40%
10-10
1
12-15
Michigan Gas <& Electric—
10-20
11-
9-26
11-15
1
(quar.)
Inc.
&
preferred
1
10-15
50c
4.40% preferred B (quar.)
Pennsylvania Power 4.25% pfd.
Pennsylvania Salt Mfg. Co.—
10-15
,
1
Michigan Bakeries—
$1 non-cum. prior preference
9-30
50c
5% Pfd- (W&t-)-Huyler's, $2 partic. 1st preferred (s-a)
$1 convertible 2nd preferred (s-a)
Hydraulic Press Mfg. Co.—
Idaho Power Co., common
(quar.)
4% preferred (qhar.)
Illinois Power Co. com. (quar.)
5% conv. pfd. (quar.)
-—
Huttig Sash & Door,
10-17
10-31
10-31
11-
Metal
10-15
50c
75c
11-20
12-30
10-27
$1.75
10-15
1
10-15
-
10-31
5
10-15
12-
$1.25
12-
2%%
10-17
Shoe
Tilford,
Davis
10-15
11-15
+15c
(accum.)
preferred
Penman's,
11-10
26c
7% preferred (quar.)
Mercury Mills, Ltd. (quar.)
$2.50
11-21
1
Co.,
&
11-
t25c
:
(quar.)
Service
$1
10-15
1
Mercantile Stores
10-
1
1
10-15
11- 1
11-
11-
10-21
10-25
10-
11-
10-25
$1
1
11-
1
1
7
11-
75c
Oil
1st
10-15
1
$1.25
Peninsular
10-14
12-12
$1.06%
$10C
11-
11-
10-15
Co.—-
Trust
10-31
20c
(quar/
Howe"ScSl°er,P5% "preferred 7s-a7-----
Illinois
11-15
50c
preferred
Power, $4
Investors
25C
=r
1
11-
10-14
25c
1
10-31
11-
4%
II-
10-31
25c
10-25
11-20
$1.30
1
Cement—
preferred
Public
11-
12-
f$i.75
com.
(irreg.)
Portland
61/a%
Pacific
9-30
11-15
30c
10-20
11-15
11-15
$15c
Melville
1
Parke
Peller
Elevator Co.
1
t$3
(s-a)
Products, Ltd.
Company
Pacific Lighting Corp.
9-16
McLellan Stores Co.
4
10-25
9-16
10-31
10-15
11-
10-20
11-14
10-20
lc
10-13
10-20
11-
25c
1
25c
11-15
12- 1
11-
40c
preferred (quar.)
Publishing
8
50C
$1.50
,
Insurance
&
$1.25
Bartlett & Co. (monthly)Higbee Company, 5% preferred (quai.)
Hilton Hotels Corp.; common (quar.)
4% convertible preference (T^r.)
"7^7.1.
Hiram Walker (see Walker (Hiram) G. & W.)
Holly Development Co. (quar.)
HOily Sugar Corp. (quar.)
10-17
$$1
4%
8
10-
37 Vic
-------
10-27
1
McGraw-Hill
10-
8c
(quar.)—-
1
11-
5c
Corp.—
—
McColl-Frontenac
10-16
10-31
10-31
$1.25
Hibpard, Spencer,
Li?hta&
1
common.
(quar.)
McClatchy Newspaper, 7% preferred
93%c
Hershe? Chocolate Corp., new com. (initial)
*4
convertible preference (quar.)
Houston
11-
11-
$2
Corporation
40C
„
Powder, 5% preferred
Hercules Steel Products (quar.)
Inc.
10-16
$1.12 y2
Hercules
Herder's,
10-30
10-16
(interim)
B
McCall
10-16
250
common
preferred
10-30
1
$1
Maytag Co., $6 1st preferred (quar.)
$3 preferred
McCabe Grain Co., Ltd., class A (quar.)—_
3
25C
—
Co.,
common
Class
(quar.)—(quar.)
(quar.)-—
preferred
4Vi%
10-
Co.,
Bonding
Massachusetts
10-20
10-22
Co.,
New
-
———
B
Class
Hecht
11- 1
5c
SSSU. ~ tSCSST
11-
Co.
Outlet
Communica¬
Mar-Tex Realization
5
Otis
10-16
$1
(irreg.)
international
10-15
1-
10-21
1
100%
1
25c 1-15-48
1
11-
_
_
10-20
6
11-
Vic
Consolidated-
M.
Marshall-Wells
11-
12-22
1-2-48
$2
Ry.
11-
50c
7%» preferred (quar.)
Orange Crush, Ltd.
(quar.)
$1.06%
;
10- 6
_35c
7
Quebec
$1
(quar.)
10-10
.
11-
10c
$1.37 Va
-,60c
preferred (quar.-)—-—
Harbor Plywood Corp. (quar.) —--------Harris (A.) & Co., 5%% preferred (quar.),
1
25c
10-30
6%
12-
Park
ordinary (interim)
Mstrion Power Shovel Co., 7% pfd. (accum.)
Marshall Field & Co. (quar.)-.
,
$1.50
Steel
37Vic
(quar.)
Sugar
Marconi
tion
/■"for two split)
Harbison-Walker Refractories
Ontario
(Del.)—
Co
preferred
Manati
of
share
extra
An
4
Pacific
2nd
(R. H.) & CO., 4'/4% pfd. A (quar.)
Mahon (R. C.) Co. (stock dividend)
,
11-
$1.75
(quar.)
Macy
(stock dividend) —
1
City Gas & Electric—
4Vi%
M.-- J.
50%.
12-
$1
(quar.)
Lukerts Steel
*
^
&
(quar.)
B
Ontario
15c
(quar.)
Extra
(stock dividend)
Co.
Lamp
M )
10-15
1
7V'2C
Alabastine (Canada)—
corporation
(C
i
1
11-
1
Class
4
20c
<quar.)_.
4
11-
$12 Vic
"B"
11-
1
60c
12-18
11-
50c
(initial)-—
Inc.
Lime &
A
Common B
50c
25c
$2.50
Products,
&
Holdert
Payable of Rec.
50c
1
12-
Baltimore Hotel—
Common
Share
class A
12-
10c
Lord & Taylor, 8%
Louisiana Power &
100%
stock
uypsum
"A"
Louisville Gas & Electric Co.
Griesedieck
Gum
both
_i
2nd
Company
$25c
Loew's Boston Theatre
3
When
Name of
$25c
Groceterias, Inc. (quar.)
Lock Joint Pipe Co., 8% preferred
Lockwood
Company
10-15
11-24
Holderg
When
Oliver United Filters,
(quar.)
on
Monday, October 20, 1947
Payable of Rec.
Share
Loblaw
10-15
11-
CHRONICLE
Ltd.—
Co.,
(quar.)
B
Extra
1
50c
•
Grayson-Robinson Stores—
$2.25 conv. pfd. (quar.)
Great Lakes Paper Co., Ltd. (initial)
Green
Loblaw
Class
Co—
Union
Name of Company
11-14
50c
—
Grand
12-15
FINANCIAL
&
Per
When
Holder$
Payable of Rec.
$1.25
—
convertible preferrediquar.)
__—
Goodyear Tire & Rubber Co. of Canada—
4% preference (quar.)
Gorham Manufacturing Co. (irreg.)
Gotham Hosiery Co., Inc. (increased quai.)$5
Extra
COMMERCIAL
THE
(1618)
46
92V2C
:
—
,
11-
1
97V2c
11-
1
10-15
11-' 1
10-15
12-15
12- 9
$1.03
50c
-
10-15
Volume 166
Number 4639
THE
Per
Name of
Company
Share
Springer Sturgeon Gold Mines
Squibb
(E.
R.)
&
When
(initial)
COMMERCIAL
1-5-48
Name oj
12-15
Yellow
Sons
Company
Cab
Common
(quar.)
11-
1
10-15
Common
(quar.)
1
10-31
6%
t$1.25
12-
1
10-31
6%
(quar.).
t56»/4c
11-
1
10-15
6%
convertible
Spring,
common
preferred (quar.)
Standard Wholesale Phosphate & Acid Wks.—
Quarterly
Stainley Brock, Ltd., class A (quar.)
25c
10-30
10-15
6%
convertible
50c
11-
10-15
preferred
Standard Fuel
Standard
4%
Co., Ltd.,
(quar.)_
com.
(quar.)
Co., Ltd.,
4%%
pfd.
Steel
convertible
Class
Steel
B
of
P.)
12-10
12-
11-
10-10
(quar.)
&
Co.
1
10-10
1
10-
11-
1
10-,7
xLess
11-
1
10-
"Transfer
(cash
Stock
5%
12-31
1-2-48
12-17
10-31
10-21
10-31
10-21
25c
1-2-48
(quar.)
25c
Corp
preferred
$4
2nd preferred
1-2-48
30%
(quar.)
10-25
Sunray Oil Corp.,
Stock
common^ (cash
11-
1
1
4%
dividend)-
25c
Texas
Power
&
pfd. (quar.)
resident
tax
Less
a
15%;
British
resident
income
Mfg.,
11-14
11-
1
1
10-10
Asbestos
Union
Electric
&
Rubber
(Mo.)
Co.
preferred
$3.70
Co.
United
convertible
United
3-15
6-25-48
9
January,
tric
t799,220
t780,605
1945
$1.00
reflect
"After
1
11-14
11-10
were
11-
1
10-20
July 31
1-2-48
allowance
$0.45
five-for-one
11-15
11-15
10-31
11-
35c
Quarter Ended June
Net
10-10
8
return
Net cost
from
after
Ltd.,
class
A
87%c
(quar.)_
6%
11-
t37c
of
the
capital
$309,728
$0.18
166,
earnings
gains
for
in
Fire Insurance
Industrial
S.
Lines,
Co.
1946
11-
Ltd.—Earnings—
1947
sales
1946
$1,018,404
$560,775
541,590
12-
1
11-
1
11-
1
10-15
50c
12-
1
11-15
11-15
—V.
11-15
United
Stores,
$6
Transit
5% pfd.
Tobacco,
Universal Leaf
pfd.
conv.
1-2-48
4-1-48
7-1-48
B'
preferred
50c
11-
1
1
1-2-48
outstanding
share
11-
to
11-1
1947,
$1.50
10-15
11-15
11-
1
10-15
$1
11-
1
10-15
10-31
10-15
1-1-48
12-30
50c
75c
-
fi«v4c
(quar.)
1-1-48
62»/2c
—
1-2-48
7V2C
i
$1.75
11-
12-10
12-
10-
11-
1
of
250
redemption
Nov.
$154,408
Stock—
15,
next, all of
preferred.. .stock at $11
on
at vthe
Approximately
above-mentioned
stock
common
Detroit
Detroit
9,000
Trust
shares
are
preferred stock is convertible
presentation
upon
on
before
or
into
Trust
The
used
on
cars
Nov.
6%
preferred? tquar.i
Vulcan Detinning Co.—
37%c
8-2-48
7%
preferred
(Hiram)
Increased
Warehouse
Warner
Warren
Class
&
roller-bearing
subway
subway
and
cars
main-line
be
built
the
for
cars
other
railroad
ACF
all-welded
of
savings
by
at
receipt of
journal
the
rail
IRT
orders
boxes
division
rolling
and
cars
Berwick,
steel journal
approximately
166,
on
of
calling
fleet
a
the
New
stock
with
the
35c
B
12-15
10-15
1
1
10-17
11-
1
10-15
$1.12%
Corp., (special
West Michigan Steel & Foundry—
7% prior preferred (quar.)
11-10
11-10
The
7%
11-3
V.
17Vic
11-
1
box,
it
in
West
Point
(quar.)
$1.75
11-15
weight
for
each
11-15
50c
Western
Pacific
Common
RR.,
preferred
5%
Western'Tablet
Westvaco
(quar.)
common
A
&
Net
White Sewing
preferred
Co.,
11-15
1-2-48
Wisconsin
Electric
Public
preferred
$5
com;
12-18
10-31
Power,
Service,
(quar.)
6%
11-
1
11-1
11-
($5
have
value
is
par
company
substantially
of
Cumberland
with
basic
11-1
redemption
!Co. (quar.) 1
Wrigley (Wm.), Jr. Co. (monthly)
"Monthly
Ifates American Machine (quar.)
——
1
11-
1
per
an
ranging
from
105.17%
to
public
utility
engaged
company
manufacture, distribution and sale of gas in
Atlantic County, including Atlantic City; major
Gloucester and Salem Counties; and small portions of
all
and Camden Counties;
in New Jersey.—V.
166,
1396.
p.
10-21
"10-31
,.,t$1.75
100%
-11--1
11-
1
,
allowances
—V.
after
166,
11-10 A,
11-
1
25c
12r
1
25c
10-25
* •
$
14,816,354
12,796,858
13,104,249
333,528
177,00o
1,212,680
109,764,485 102,050,243
11,317,324
94,276,436
83,413,025
659,102
9,650,124
9,3-28,705
income——
806,8J6.
1;127,823
5.837,925
,450,439
813,460
3,022,212
9,308,518
6,990,281
1155.
of
194S
„
59,892,625
49,634,118
$3,326,507 $10,201,501
3,963
23,737
receivable
162,529
166,802
33,200
64,087
l,87l
84,985
*
1~4,620
1,715
12,170
21,517
met)
87,026
Jones
Estate
Corp.
stock
576,764
46,023
42,062
9,601,389
10,400,774
184,132
items
on
long-term
debt
Amortization of debt discount
Other
121,187
2,895
6,769
19,537
33,817
262,952
ncn-operating properties
other charges
value excess profits
Federal-excess
Foreign
and
surtax
33,279
tax
Reversion
of
income
from
prior
2,687,330
2,321.594
232,697
1
"
1
elated
for
prov.
in
1
21,977
3,318,529
250,690
declared
■;
income
on
55,251
and
JL
adjustments; less applicable
transfer
Net
tax,
tax
profits
taxes
War-end
tax credits
•
reserve
75,720
renegotiation
(charged
year)
Cr300,000
income
Dividends
declared
011
on
common
$5,525,386
preferred
declared
fiscal
expense
of
Federal normal income
to
and
interest
Expenses
per
1947
dividends
and
stock
593,500
1,257,556
$3.26
$3.01
for
profit
incentive payments
$656,550 in fiscal year 1945.
t
Jones Estate Corp.
on
$5,151,403
5n2,500
1,514,694
stock
share
common
provision
year
CONSOLIDATED
$556,258 In
Including in 1347
$161,516.
preferred stock of
BALANCE
SHEET,
of
JUNE
30
ASSETS—
Cash
1947
in banks and
to
Refund,
and
hand—
on
notes
notes
Loans
and
accounts
receivable
receivable
accounts
portion
Claims receivable
11nvestments
and
of
employees
Canadian
exc.
profits
taxes
advances
Prepaid expenses and
f Prone'tv,
plant and
$5,4£4,3T1
8,533,131
835,°47
22,183,129
43,331
42,403
43,143
—
and
1946
$3,081,078
9,877,435
1,199,861
24,714,193
111,332
-
—
officers
43,723
_
64,091
1,776,642
deferred
charges
equipment
1.14*7413
14,938,867
3,370,436
11,475,183
1
Total
$60,843,043 $51,116,395
LIABILITIES—
Due to oaiix
D"
foreign branch—
payable (trade)—
Accounts
y
i.prai
me.
tax
wjtnneia
$72,425
3,027,134
irom
employees' wages
Dividend payable on preferred stock
Mortgage noma payable (due within one year)
profit
Accrued
commissions,
Ac*ued
incentive
taxes
discounts
r'ovisior
S.
than
52,500
556,250
taxes
cn
mortgage
on
636,275
1,326,512
income»,
accruals
and
foreign taxes
debentures, due 1961
money
128,059
14.5,50)
1,568,503
etc
miscellaneous
U
$2,9^4.33)
J90.133
147,000
payments
payrolls,
(other
and
or
20-year 2% %
1,320,830
income
1.84\04$
4 782.110
5,722,SCO
3,500,000
on
3,750,030
property acquired
TU
723,934
Bank
loans, due serially 1948 to 1952
Reserves for contingencies-for
foreign
Reserves
for
insurance and
exchange
8.109,538
110,000
fluctuations-—_
other
f.5,625
surplus
1.74*.7%
in
1946.
for
reserve
1 After
doubtful
of
reserves
debts
of
$1,154,741
$354,84"
in
15,200,^21'
in
1947
Total
1.514,694
1,743,40 >
13,602,095
--r--'
14,860,003
1,514,694
——
89.103
14.700,000
preferred stock, without par value
Common stock (par value $1 per share)—.
Capital surplus
Earned
1947
and
in
*"*o' 4 '
for
depreciation
and'$7,231,263
in
1P46,
and
amortization
SReoresent"d
148,500 shares in 1946.—V.
166,
p.
3C9,2~o
1"6,716
reserves
§$4
reserves
Southern Natural Gas Co., Birmingham, Ala.^—Seeks to
Purchase Shares—
by
1524.
of
ami
SAfter
S51110
$7,849,826
147,C^.d shares
$2-9
1946.
041
1947
1947
in
in
and
•
10-31
12-l,rll-10
$
24,3l5
charges—
p.
251,650
$68,219,132 $59,835,699
exps.
exchange
Reserves
13,128,564 110,098,013 102,227,254
45,560
taxes
Net oper;
Net
,..10-15
25c
,
1947
and
accounts
redemption
preferred
"After
'
.
1947—8 Mos.—1946
$
14,861,914
10-15
v
.
levenues—
expenses
Operating
10-15
50c
r„
Operating
10-15
11- 1 >'
*'•"
-
Operating
4,600,,
(non-currenti
Co.—Earnings—
"
11-17
20c
1947—Month—1946
revenues
Uncollectible
oper.
rev.
10-2J
12-31
$1.25
"
30—
returns
and
Accrued
share).
operating
in the
all of
Operating
11-17
$1.50
Co;'1'(stock "dividend)
Woolworth JF.W.)
11-
12-31
JS2.50
.lame'sr, Ltd.—
on
Inventories
prices
$
10-20
50c
(accum. 1..—
Profit
Furcnase
9-30
t50c
*
June
sell'g, gen'l & admin,
Credits applicable to
prior years
Profit on sale of securities
the
cause.—
Offered—Halsey, Stuart
Southern Bell Telephone & Telegraph
10-20
$1.25
jtquar.)
&
1
pfd. (quar.)__
(interim.)
1
21,477
$2,033,58*
1
10-20
50c
<quar.)_
$352,885
207,720
$39,523
Goodwill
bonds
new
portions
10-10
10-22
:—
pfd.
$270,152
160,917
38,469
toward
1-15
$1.37%
(quar.)
$2,034,98*
1,430.463
recoveries
"Customers'
Period End. Aug. 31—
commdnu^~i.i
preferred
Iron'
the
companies now constitute South Jersey Gas Co.
The
10-15
1-31-48
$1
(s-a)
(Alexander
Woodward
stock
11-1
2-1-48
^c
preferred
Wisconsin
connection
and special redemption prices scaled from 102.17% to par.
The
company's outstanding capitalization follov/ing the
sale will
consist of the $4,000,000 in new bonds and 550,319 shares of common
2-1-48
2-15-48
93%c
Chocolate.
Electric
in
were
15.
Products—
preierred
$2,371,381
1,866,871
234,358
193,721
32,447
investments
foreign
on
indi¬
was
par
1
J20c
Inc.—
non-cum.
11-
t20c
common
$265,691
251,078
operations
notes
from
Profit
proceeds
principally
Machine, $2 prior pfd.
(accum.)
Wilbur-Suchard
Win»ipeg
10-15
2-15-48
$1.25
(quar.)
Fund.
1
$1.25
—
Chlorine
arising
debentures
Oct.
on
It
from the sale of the bonds will be applied by the
the payment of the redemption price, exclusive of
accrued in tercet, of bonds of Peoples Gas Co. and of Atlantic City Gas
Stationery
convertible
Whitehall
11-
11-15
Wheeling &Lake Erie Railway—
4%: • prior .lien (quar.)
7%
which
$1.25
(quar.)——.
$3.75,.pref erred
Wood
10-16
75c
(quar.)
.
Common
5%
company
10-15
The
31V4c
5% preferred, (quar.)
Westminster .Paper, Ltd.,
5%
10-15
10-10
75c
preferred (A
$4
1
11-1
(quar. 1
6%
5%'%■
1
11-
25c
(quar.)
fr-om
on
negotiations,
bid received.
Light & Telephone Co., Inc.—
preferred
complications
Slick
report
a
suspension of the
has been made.
ago,
1155.
p.
11-
10c
—
5%
166,
10-30
$1
Western
that
$1,500,000
of
month
a
publicly Oct. 17 $4,000,000 1st mtge. bonds, 4Vs% series due Oct. 1, 1977 at
102.17% and accrued interest. The group was awarded
the bonds Oct. 15 cn a bid of 100.1799.
This was the only
-10-17
Manufacturing
goods sold,
"Includes
& Co. Inc. and associates offered
10-17
$1.50
Extra
$333,587
$44,040
discounts,
Insurance
explained, will.enable
was
unsprung
according to
for
reasons
about
South Jersey Gas Co.—Bends
10-15
(quar.)
AWeStates Petroleum, 70c pfd. (accum.)
v
Western Insurance Securities Co.—
(- $2.50wclass A
(accum.)
4,100
received
Other
10-21
1
preferred
preferred
$2,375,481
500
33,717
Royalties
subway
of this corporation and California Eastern
suspended,
the
to
as
however,
registration
West Penn Electric—
6%
of
Interest
Inc.—Merger Talks Suspended—
merger
a
started
were
cated,
10-25
50c
interim)
"Cost
Pa.
pounds
400
locomotives.
10-25
$1.06(4
Sugar
which
10-17
11-
37Vic
-
Indies
11-
statement
No
10-20
62Vic
Washington Gas Light com
$4.50 pfd. (quar.)
..£ $4.25 preferred (quar.)
11-3
33^0
(quar.)
(quar.)
1347—3 Mos.—1845
$266,191
Dividends
Inc., have been
Airways,
11721
11-1
25c
Co., class A
Negotiations for
$
Squibb & Sons (& Subs.)—Annual
Report—
less
Earnings
10-10
2c
Corp
Swasey Co
Bros.
10-20
137V2C
Terminal
(E. R.)
Sundry
same
706.
p.
1246
$
550
charges
166, p. 1096.
Interest
the
announced
at Berwick, Pa.
bring to 350 the total number of IRT cars which will be
with SKF spherical roller bearings of the same type now
Use of
Worts—
quar.
&
&
Mn'tial quar.)
1947
5,608,577 220,066,601 209,551,310
$334,137
Fiscal Years Ended
Inc.—Large Bearing Contract—
new
Slick Airways,
Gooderham
—Jan. 1 to Oct. 1
1946
Total income
7-15
New
Gross Earnings—
$
rev._
income
oper.
Sundry
system.
newest
car.—V.
4-15
Walker
conditional
sale, to
the
interest rate of 1.85%.
The
for
1947—Month—1946
revenues
after
—V.
5,
1155.
p.
Car & Foundry Co.
will
a
5-1-48
166,
orders
equipped
6
37Vic
subway
American
10-15
(quar.)
Co.—V.
ease and riding comfort found on de luxe railroad trains, the
bearings will bfe! housed'in all-welded'steel journal boxes devel¬
oped jointly by this company and the welded products division of the
1-15
37 %c
1
additional
Providing
10-15
2-2-48
37%c
(quar.)—
Net
roller
1
10-20
preferred
62,000
starting
10-15
11-
6%
the
of
the
at
York
12-22
1
50c
Co
(quar.)
$216,408
outstanding.
share
of
bids
2,530
$435,668
Mich.
corporation on Oct. 16
the installation of 2,000
for
of
12-30
20c
preferred
Detroit,
$2,804,109"
2,179,368
financing of three diesel elec¬
an
5,723,670
Operating revenues—.
Operating expenses
Operating taxes
tlncome
for
The
10-31
62'/2c
(quar.)--
Victor
preferred
agent,
23,357
\
$1,838,760
1,279,504'
10-20
1
Vertientes-Camaguey Sugar (quar.)
6%
be
shares
two
10-10
t75c
Appliance Corp
Vapor Car Heating Co.—
7% preferred (quar.)
write-offs
has called
SKF Industries,
'Quart—..
44,754
2,305
1/2 %r cumulative convertible
dividends.
Payment will be made
and
transfer
One
12-17
10-20
75c
"Utility
6%
corporation
said
10-15*
22%c
(quar.)
76,549
120,000
before
at
1524.
p.
3398.
Co.,
10-15
11-
20c
fUtica Knitting Cc., 5% prior pfd.
Equipment
Virginian Railway,
profit
p.
40,192
Southwestern Associated
Telephone Co.—Earnings—
Sales,
per
6-15
50c
Universal Pictures Cc. (quar.)
Upper Michigan Power & Light—
>
6% preferred A (quar.)
*%%
earnings
166,
Profit
3-15
$1.25
(quar.)
$169,124
Simplicity Pattern Co., Inc.—Calls Preferred
The
12-15
$1.25
(accum.)
common
$476,814
taxes
its
$1.25
(quar.)
165,
the
other
Period End. Aug. 31—
10-15
50c
1
two
391,651
$555,668
Realized
Steel
United
West
—V.
ending
10-15
1
1947—8 Mos.—3946
$26,132,237 $24,423,^22
-Week Ended Oct. 1-
Operating
crediting precious metals
lor
Co.—Earnings—
the $1,392,000
equipment
which are payable in
96 monthly instalments com
menu,
1948, A. T. Mercier, President, announced.—V.
166, p. 1523.
1,
Gross
quarter
1155.
p.
Tctal
Provision
9
12-
(quar.)
pfd.
Corp., Ltd.—
class A preference (s-a)
10-
53c
Co., Inc
preferred (s-a)
4'/2%
10-14
10-23
53c
Chemical
S. Plywood Corp. com.
S. Radiator Corp. 6%
11-1
58V3C
(monthly)
prior preferred (monthly)
United Merchants & Manufacturers, Inc.—
5%
preferred
(quar.)
5%
preferred ' (quar.)
5% preferred
(quar.)
S.
10-14
58%c
preferred
S.
1
25c
6%
U.
10-31
11-
10c
common--
preferred
U.
10-15
11-29
15c
(quar.)
received
also
York
$
quarter
the
Operating profit from sale of copper
Operating profit from sale of zinc concentrate
Non-operating revenue
10-15
11-15
125c
prior
1
1155.
obligations
Net
(quar.)-'
p.
Alabama
ended Oct. 11,
1947.
2,209,000 kwh.
for
the
13.8%.—V. 166,. p. 1523-
of
303,275
agreement
New
1946
30—
copper
>3
facilitate
with
week
with
$373,038
awarded
an
of
Uncollectible oper.
10-31
thus
dividends.
the
10-31
the
1947
$357,551
one-third
negligible.—V.
were
2
under
City Bank
company
Subs.)—Earnings—
1947
preferred
and
Co.—Equipment Issue—
Oct.
Period—
$0.21
whereas
m
stated,
$3,203,082 $25,092,045 $24,305,265
2,582,688
22,374,039
19,267,558"
,247,356
1,849,246
2,323,593
214,377
Southern Ry.—Estimated
share
for
gains,
lor
$209,500
132,031
on
locomotives,
stock
12-10
capital
quotations
applicant
Birmingham
increase
an
1155.
company
National
706.
taxes
to
purchase.
(
$352,727
(&
of
compared
$3,423,654
2,999,777
charges
166, p.
Jan.
common
rev-
Southern Pacific
$1.23
p.
equal
of
1947—Month—1946
$3,428,777
$3,207,683
' 5,123 •
4,601
income
oper.
The
6-15
11-15
____
—V.
$798,964
to
273,057 shares
Co.—Weekly Output—
company
as
revenues—
Net after
1946
tAdjusted
166,
this
kwli.,
Operating revenues
Operating expenses
Operating
taxes.
811,775
1947.—V.
of
Uncollectible oper.
page 12)
,
time
consolidation
or
Period End. Aug. 31—
Non¬
1947
charges.
the
acquisitions, tnc
minority interest
Southern New England
Telephone
tax.
source.
$995,416
taxes'and
-Earnings per
11-15
17 %c
(monthly)
7% prior preferred (monthly)
6.36%
prior preferred (monthly)
6.36%' prior preferred
(monthly)
;
the
Corporation and
Months Ended July 31—
income after charges and
Net
20c
B
prior
6%
4-1-48
$1.12%
Light & Railways,
7%
United
12-15
92V2C
preferred
Corporations,
Class
U.
at
...
.
Sheraton Corp. of America
10-20
1-1-48
output
2,581,000
Operating
r_
NOTE—Approximately
(quar.)
(increased)
non-residents'
7%.
Sherritt Gordon Mines
United Drill & Tool class A
Class B
U.
10-30
12-
After
split in
10-20
87V2C
California
deductible
Cigar-Whelan Stores—
$3.50
U.
*
25c
(quar.)
of
11-
$1.06,/4
preferred (quar.)
preferred
(quar.)
Electric
dividend.
Canadian
tax
tax..
capital shares
Earned per share___
—
$3.50
this
15%
the
Co., another subsidiary of Southern Natural.—V.
166,
totaled
11-25
50c
(quar.)
Co.
for
of
10-31
1
1
50c
Union
10-15
outstanding
merger
corresponding week last year,
Aug. 31—
income
No.
10-31
11-15
$1
Quarterly
Quarterly
Oil
11-15
12-
62'/be
(quar.)
'•"'Net
10-10
11-
15c
_
10-15
at
proposed
Southern Colorado Power
Sheaffer Pen Co.—Earnings—
6 Months Ended
10-15
60c
Edison Co., 4>/4%
pfd. (quar.)
Trinity Universal Insurance Co. (Dallas) —
Quarterly
Tung-Sol Lamp Works, 80c pref. (accum.)__
1
of
8
tax.
(Continued from
(W. A.)
9-17
$2.50
Toledo
11-
11-1
market
the
the
subsequent
Gas
10-15
Investment News
7
50c
Thomaston Mills
Union
11-
10-
1
common
pfd.
1
the
of
purpose
eliminate
Net
1
$1.75
(quar.)
Thermoid Company, $2.50 conv.
Thew Shovel
Co.
(irreg.)
United
1
$1.50
pid.
$2.40 convertible preferred
(quar.)
Thermatomic Carbon, $5 preferred (s-a»—
$4.50
10-20
20c
(quar.)
Glass
10-
11-
t31V4c
tax
Genera!
10-17*
$1.25
(s-a)
Light, 7%
$6 preferred
Thatcher
10-10
11-1
rest
approximately
over-the-counter
The
to
10-1
11-
50c
(quar.)
10-
11-17
75c
,
11-17
5%
preferred
10-20
J5c
from
the
10-10
dividend
Inc.,
closed
not
10-20
11-
Sunshine
Talon,
7-20
20c
(quar.)
$31V4c
income
10-20
$1
Biscuits, Inc
;
Super Mold Corp. (California)
Tacony-Palmyra Bridge Co., 5%
4-20
7-31-48
t37%c
Jamaica
books
10-10
11-1
$1.12Vie
(quar.)
37 %c
Ltd,
tPayable in U. S. Funds, less
^Payable in Canadian funds,
12-20
20c
preferred A
37%c 4-30-48
(quar.)
(irreg.)
(quar.)
Suburban Electric Securities Co.—
Sun-Oil Co., 4M>%
1-20
10-25
10-31
25c
Clothier
(quar.)
Co.
1-31-48
the
47
proposed purchases are to be made
through brokers in the
market at current prices at the
time of purchase, or dim*
stockholders
at
prices
open
10-20
37V2C
all of
now
1-24
10-31
12-20
11-20
10%
-
preferred
Container
Strawbridge &
1-10-48
50c
dividend)
dividend
prior
Stone
7
10c
57c
l
Curry
11-1
2-1-48
7
$1
(quar.)
preferred
preferred
&
Gold Fields,
Ltd., common (quar.)
preferred (quar.)
11-
t31V4c
25c
25c
Consolidated
5%
6%
public, Southern Natural owning
issued and outstanding.
Payable ol Rec.
37V2C
Zeller's,
11-
(year-end)
Van Camp, Inc.—
Common
1
t75c
(quar.)
com.
Special
Stokely
1
Park
}43%c
Ltd.,
Participating
Sterling Electric Motors, common
Sterling, Inc., 4%% preferred (quar.)
(J.
Yosemite
Yuba
GOc
:
convertible preferred (quar.)
convertible preferred (quar.)
tlOc
Canada,
preferred
Stevens
1
tl5c
(quar.)
Co.
7%
.
Share
(1619)
HolcLert
The
12-
(quar.)
Chemical
When
Co.—
$1
5%
CHRONICLE
Per
tlOc
preferred
$4
Standard
h
FINANCIAL
Holtert
Payable o1 Ree.
$3c
&
-
The
company
10-20
from time
11-20
26,937
shares
10-11
shares
represent
has1 requestedpewftissionf of
to timd prior
of
($2
all
to Dec.
pari
of
the
SEC
to
purchase
31, 1948, "any or all of a maximum of
of Birmingham Gas Co.
These
common
such
stock
outstanding
in
the
hands
of
the
Southwestern Investment
The
company
covering
$20)
and
on
Oct.
15,000 shares
8
of
filed
5%
a
Co.—Regir'crs With
registration
cumulative
21,499 common shares
(no
?
Lament
sinking
par).
SEC—
with
the
SEC
fund preferred (nar
Underwriters for the pfd1.;
48
securities
The
for subscription to stockholders, the
share.—V. 164, p. 960.
offered
to be
are
Robert
the death
by
Period End. Aug.
Co.—Earnings—
revenues
Uncollectible
oper.
Operating
Operating
35,819
rev.
15,663,854 120,200,342 119,540,073
11,823,135 95,612,444 86,959,726
1,964,760 13,976,207 16,422,314
16,538,060
13,392,429
1,828,600
revenues-..
expenses
taxes
Operating
operating
after
Net
—V.
1,131,993
charges
I6,i58,033
14,438,621
10,611,691
8,629,151
1,880,959
1,655,291
1,317,031
income
J.)—Secondary Offering—Dillon,
Head & Co. offered Oct. 14 a block of 40,000 capital stock
(par $25) at $75% per share, with a dealer concession
Oil Payment—
Government on Sept. 30 made its final payment
of Americans affected by the expropriation of Petro¬
in 1938 through a check for $4,085,327 to the State
Gross
Net
Mexican
benefit
the
leum
properties
"^The
in
interest, as laid down in an
amount, including
total
reached
1943
Total
.
(Ohio)—Rights to Subscribe—
Contingent upon approval by stockholders at a
special meeting
to be
held on Qct. 21, 1947, registration under the Securities Act
of
1933
becoming effective not later than Oct. 22,
1947, and the
holders of common stock of
Oct. 21. 1947, shall have the
subscribe, on or before Nov. 5, 1947, for common stock, of
value, to the extent of one share for each five shaies held.
to
right
$10
an
offer
close
par
of
company,
business
is
price
subscription
The
the
by
the
of
at
Net
No.
of
after
delivered
166,
shortly
determined
be
to
before
the
1947,
21,
Oct.
have
Co.—To Operate Cycling Plant—
completed by the operators in the Burnell-North
been
and operation by this company of a
for the construction
Field
the plant and
high
sufficient
County, Texas.
pressure
gas
sold to the United Gas Co., together
to supply their requirements.
The
Supply
Spring
1948
It
other
from
$1,230,756
$1,361,028
451,642
engineering
sales,
expenses
is expected that construction will be
year.—V. 166, p. 801.
completed in approximately
Standard Products
Year Ended June
Co.—Annual Report—
*947
$10,866,050
30—
saies
Net
,194®
$6,196,860
9,876
16,814
$10,875,926
$6,213,674
sold
Research, engineering, and development exps._,
9,525,603
186,122
6,190,468
318,533
administrative expenses—
748,b40
35'o=o
oo'nnT
miscellaneous
and
Interest
income
353,705
$1,584,461
Total income
The
products
of
Cost
Selling, general and
long-term debt-------—__________
Other interest charges and commitment fees__-
Interest on
of
Portion
restored
taxes
of
Provision
income
on
for the
28,091
Cr55,650
—
—
applic. inc. tax and
Federal
6,353
plants
of
reconversion
amortization
Additional
less
ftfr
income.'
reserve
to
emergency facilities
renegotiation adjusts.
Federal
3,907
carry-back of operating
profits credit
loss
and
foreign
income
Cr1,050,000
-—
profit
$227,904
——
Net
earnings
shares outstanding
share
I
Capital
$1,812,670
ditioned
of
BALANCE
SHEET,
JUNE
1947
ASSETS—
Cash
_
(less res. of $15,000)
Claims arising under terminated war contracts
Tools & dies in process, .to be billed to customers
Refundable Federal taxes on income (est.)
Inventories—at the lower of cost (first-in, firstTrade
accounts
out)
or
receivable
37,661
com.
1946
$522,369
547,995
240,458
130,505
643,815
1,400,920
128,629
128,629
13,738
116,925
13,738
104,369
10,536
8,696
6,116
6,997
to
reference
Oil
at
the
ol
$45
the
offering of
recent
of
$1,004,572
862,855
$1.16
Trade
accounts
the
and
that the company does
were not
to stock¬
announced
issue the 39,000 shares for which subscriptions
This represents less than 2% of the stock offfered
company
Sept.
17,
the
ceeds
has
been
used
determine.
net
Taxes,
make
is
on
29,174
238,626
300,000
surplus
2,801,430
—
Total
"After
in
—
reserves
for
300,000
771,594
2,573,526
$6,356,928
$5,202,968
44,941
of
predecessor companies)
Earned
900,000
771,594
earnings
88,256
1,392,857
payable to banks
—
Common stock (par value $1 per share)Notes
(undistributed
depreciation of $967,171
in 1947 and $1,066,719
1946.
IfQTE—The company's equity In the net profit of its. Canadian sub¬
not consolidated, Backstay Standard Co., Ltd., for the year
ended June 30, 1947, amounted to $5,275.
No dividends were received
from the subsidiary during the year.
The company's equity in undis¬
tributed earnings
of the subsidiary since acquisition, of a majority
interest therein amounted to $59,875 at June 30, 1947.—V, 165, p. 1500.
sidiary
corporate
funds
such
From
made.
be
to
such
for
the
purposes
company
the management
expects from time to
as
may
involving,
expenditures
time
to
the
end
the
of
year
among
1947
will
pipe
and
50%
Sea.
Trans-
Standard
by
oil
pipe
line
in
January,
Oil
from
the
authorized
1947
Persian
Gulf
the
to
a
favorable
suit
(referred
or
London
termination
above)
to
to
30%
a
within
to
four-
a
subscribe
and
10%*
for
interest,
time, Trans-Arabian,
same
and Texas
Jersey, Sccony, Stand¬
into an agreement which
entered
Co.
$125,000,000,
refineries and expansion of
existing refineries and related
facilities—approximately $20,000,000;
(4)
new
and
expanded
pipe
lines—approximately $8,000,000; and
(5) acquisition of marine vessels—approximately $5,000,000.
The pipe
line and refinery projects will involve additional expenditures in 1948
and 1949 estimated to aggregate approximately $140,000,000, in addi¬
tion
to which
the
company
will have other capital expenditures of
$23,000,000;
ment—approximately
meet
To
these
that
(3)
it
expenditures, the company presently antici¬
available sufficient treasury funcs, including
cash to be realized through depreciation
capital
will
of
proceeds
debt
new
amounts.
undetermined
have
this
issue,
although the company may find
of these capital expenditures by
financing.
EFFECT
GIVING
FINANCING
PRESENT
TO
Authorized
3%
debentures,
due
debentures,
2%%
Capital
stock
15,
May
due
1,
June
1971—
Outstanding
$60,000,000
1965
$60,000,000
£0,000,000
80,000.000
CO.—In
ARABIA
corporation
Oct.
concession
oil fields have been found on this
exploration activities are continuing. The approximate
and
Five
proven
crude oil production from the concession
11,800 barrels, in 1946 was 164,200 barrels, and now is
average
A
1941 was
approximately
in
to
to
sale
the
of
petroleum
substantial
Bahrein
portion
Petroleum
Co.
the
of
Ltd.
Of
production
the
of
Aramco is sold to The
approximately 103.000
remainder,
day are run through a refinery of Aramco, completed in
1945, located at Ras Tar.ura on the Persian Gulf in Saudi Arabia.
The products of this refinery arc principally sold f.o.b. such refinery.
barrels
In
Co.
sale
by
1947, Aramco entered into agreements with
and Socony-Vacuum Oil Co., Inc., under
March,
J.)
Socony
favorable
obligated
became
termination
within
a
(conditioned
the
on
period
four-year
of
Standard Oil
which Jersey
settlement or
suit
a
in
Lon¬
involving Jersey and
Socony)
to subscribe for capital stock
of
Aramco
equivalent to a 30%
and a 10% interest and to pay
$76,500,000
and
$25,500,000,
respectively,
therefor.
At
the same
time,
Aramco
borrowed
from
banks the sum of $102,000,000
at
2% interest for a period of ten years, the repayment of which was
guaranteed to the banks 75%
and Socony
obligated to
The
reimburse
by Jersey and 25%
by Socony.
If Jersey
ultimately subscribe for the stock in Aramco, Aramco
the subscription price to pay off these bank loans.
Texas
approximately
Co.
so
borrowed
and
by
Standard
$80,000,000
Aramco
Oil
Co.
for loans and
from banks
of Calif,
in
was
the amount of
advances they had made to
and the balance of approximately $22,000,060 was
these two companies as a dividend.
The Texas Co. therefore
Aramco,
approximately
used to
paid to
received
$51,000,000.
and if Jersey and
Socony become stockholders in Aramco, their stock will not participate
(1) in dividends in the years 1947, 1948, and 1949 until certain fixed
cumulative dividends have been paid in each year on. the stockvof v
the company and Standard Oil Co. Of Calif., or (2) in dividends in
any year beginning with 1950 until'^certain cumulative dividends based
on. Oil
produced from the concessidir have been paid on the stock of
the company and Standard Oil Co. of Calif.
Aramco has agreed with
Jersey and Socony that prior to the consummation of their respective
Under
the
terms
of
the
said
agreements,
when
lines,
and
or
on
1156.
p.
$5,000,000
last
in
was
made
plan
a
the
serve
complete
stopped
put
were
for
up
$143,000,000.
Nov.
The
25.
however, on obtaining
Appalachian and Phila¬
It applied for
the
authority
March.
Granting it, the Commission said:
gas along the route
of the Big Inch
and
eastwardly
manent
sale
cf
coal
the
to
conversion
natural
"The
does
labor
not
union
prevent
the
introduction
Texas Power
&
Co.
issue
Co.
&
in
for
for
natural
Appalachian
the
clearly
lines
area
the
per¬
warrants
the
transportation
Oct.
14
Forgan
Ripley
into
&
&
and
railroad,
appears,
the
Bonds
16
to
was
Philadelphia
1977
bid
of
$8,000,000
at
100.99
int.
100.63.
for
100.34
first
and
They were: W. C
100.3799
and
Offered—Halsey,
offered
a
Inc.,
the
1775.
the sale.
Co.,
Co.,
by
it
purpose,
p.
—
on
at
taken
gas
165,
series due
received
were
Glore,
Harriman
whose
Oct.
on
3%
position
natural
Light Co.
awarded
was
and
of
Inc.
Five other bids
and
need
urgent
lines,
area,
the
area."—V.
mortgage bonds,
The
support
interests,
Pennsylvania
Stuart
"The
gas.
record
and
Philadelphia
the Big Inch
of
eastern
&
clue
contingent,
to
from Texas fields.
will
submarines
lines
is
"Little
coast.
offering
balance
and
region.
session,
east
the
February,
the
of
the
Com¬
Power
"Big"
when
war
when
and
offer
approval
bidder
the
Appalachian
all-day
the
along
Federal
the
in
gas
the
an
during
high
Government
Eastern's
and
tanker
was
from
natural
after
built
by
delphia areas with gas
White.
3fe;
for
3s:
Langlev
Weld
Drexel
&
&
Co
Co
and
Hemphill,
Noyes & Co.,
100.159
for
3s;
Blyth & Co., Inc., Smith
Barney & Co. and Kidder, Peabody & Co., 102.31 for 3'as; and The
First Boston Corp.,
102.14 for 3 VaS.
Dated
and
Oct.
Oct.
Bonds
1947;
1,
at
1
will
due
office
be
or
Oct.
at
1977.
1,
of
agency
redeemable
Interest
of
pavable
company
April
on
New'York
in
company
option
1
Dallas.
or
pursuant
or
the
to
requirement of the mortgage on at least 30 days' notice at the general
redemption prices, the initial general redemption price being 103.99;
the bonds will also be redeemable upon like notice
through the opration of the replacement fund,
the current sinking or other fund re¬
quirements, or with the proceeds of released property, at the special
prices,
interest
the
in
to
a
net
cash
necessary
and
finance
Prior
to
at
the
that
$4,500,000
arising
will
be
14,
funds
are
to
bonds
now
short-term
be
expected
to
be
sale
of
the
Texas
the
be
be
1947
year
of
approxi¬
offered,
company
estimated
purposes.
securities
to
from
will
company,
for
advances
used
for
repaid
construction
from
bonds.
Utilities
its
the
proceeds
Advances
Co.
have
that
extent
issuable
the
against
$8,000,000
fundable
of
already
been
bonds
property
and
withdrawn
monthly
the
on
basis
to
30,
with
escrow
of
be
Sept.
at
the cash proceeds from such issue will be placed in
to
plus
with
authority granted by order of the SEC dated
the
To
101'
together
expenditures
Co.
and
obtained
pursuant
the
the
of
program
corporate
of
obtained
issuance
be
being
$7,980,400),
entailing
Utilities
Texas
1947.
trustee
the
to
exceeds
sale
have
advances
the
and
made
March
issued
from
from
obtained
general
1948,
for other
and
will
Such
program.
the
year
and
issue
it
(estimated
company's construction
the
of
mately $10,400,000,
expects
special redemption price
case.
proceeds
from
the
portion
initial
each
PURPOSE—The
subsequent
additions to fundable property.
CAPITALIZATION,
GIVING
EFFECT
TO
PRESENT
Authorized
First mtge.
_
bonds, 2%% series due 1975)
mtge. bonds, 3%
t2%
10-yr. ser. notes, due 1945 to
pfd. stock, cum.
$6
7%
series due
(no
1977_f Specified
1955
stock
"Unlimited
other
(no
to
as
provisions
of
8,000,000
2,000,000
70,000 shs.
68,786 shs
shs!
65,000 shs
2,500,000 shs.
2,500,000 shs
65,000
par)
authorization
the
)
$2,500,000
par)
pfd. stock, cum. ($100 par)_
Common
FINANCING
Outstanding
($31,500,000
"Not
,
First
but
mortgage
limited by
and
deed
of
property, earnings
trust
and
am
supplements
indenture.
tMaturing serially at rate of $125,000 in May and Novem
ber each year over a period of 10 years.
is
use
$102,000,000
166,
permission
transport
announced
the
the
paid
concern
per
(N.
thereafter
Co. in Trans-Arabian (including amounts
is carried in the consolidated balance sheet
Philadelphia
movements
Easter
Texas
1947,
barrels.
250,000
Texas
at $151,502.—V.
received
12
pipe lines
The
decision,
used
1936,
long-term
acres.
of
1947,
Inch"
redemption
concession from the Saudi Arabian Government which
in 1936 consisted of approximately 100,000,000 acres in Saudi Arabia
and which has since been extended to cover a total of approximately
a
$35,000,000
Permanent Right to Operate "Inch" Pipe Lines—
The
mission
accrued
the Texas Co. acquired a
50% interest in Arabian American Oil Co. (formerly California Arabian
Standard Oil Co.), the remaining 50% interest being owned by Standarc! Oil Co. of California.
Arabian American Oil Co. ("Aramco") has
OIL
1948,
1.
line.
May 31,
pany
the
INVESTMENTS—SAUDI
FOREIGN
AMERICAN
before Jan.
Texas Eastern Transmission Corp.—FPC Grants Com¬
13,454,660 shs,
14,000,000 shs.
$25)
(par
of which $25,000,000 has already been ad¬
remainder is to be advanced in installments as follows:
or
on
investment
of
as
$112,000,000
approximately
be
don
other than taxes on
and other expenses
income (est.)
surplus
be
(1) exploration, development, and acquisition of producing prop¬
erties—approximately $56,000,000; (2) marketing facilities and equip¬
$5,202,968
Accrued royalties
Co.
1945, the Trans-Arabian
rights of way for a pro¬
Mediterranean
July 1, 1948, and $45,000,000 thereafter and on or before July 1,
These loans are to bear interest at the rate of 2.55% per annum
The
for:
and
Federal taxes on
Paid-in
added to and become a part
and no allocation of such pro¬
The general funds of the company
will
proceeds
other things, the exploration,
development, and acquisition of properties for oil and gas production,
the construction, enlargement, improvement, and acquisition of refin¬
ing, marketing, and transportation facilities, and the making of funds
available for similar puipcses to subsidiaries or companies in which
the company has substantal interests.
The company estimates that its capital expenditures from May 31,
to
79,849
$344,267
166,650
35,325
23,350
the
Trans-Arabian
of
crude
Calif.,
the
and
Texas
funds of the company,
general
be
will
467,918
$557,676
220,630
acquire
to
Texas
the
by
owing from that company)
void.
were
PURPOSE—The
of
25,596
76,422
withheld therefrom
income
50%
to
and to be repaid at the rate of $5,000,000
semi-annually commencing
1, 1951, with a final payment of the amount then outstanding on
July 1, 1962.
The notes evidencing such loans have been or are to
be
signed by Trans-Arabian and severally guaranteed by the Texas
Co., Standard Oil Co. of Calif., Jersey, and Socony to the extent of
30%', 30%-, 30%, and 10%, respectively, of the amounts thereof.
The
proceeds of these loans are to be used to finance the construction of
its
offered to holders of its outstanding capital stock of
the right to subscribe at $45 per share for an aggre¬
gate of 2,248,932 shares of capital stock, being at the
rate of one
share of capital ^stosk for each five shares held.
The right to subscribe
expired at 3 p.m. (EST) on Oct. 8, 1947, after which time unexercised
The
record
1,275,189
payable
Payrolls, including amounts
CO.—During
Arabia
Jan.
holders.
83,044
LIABILITIES—
Saudi
Texas
Co., Standard Oil Co.
of Calif.,
Jersey,
and
with certain insurance companies under which said insurance
companies are obligated to make available to Trans-Arabian loans
before
by the company to
stock
to
received.
22,197
Total
as
2,210,000 shales of the 2,248,932 shares
offered.
Klein also
shares
Rodgers
plan
1,384,082
—
owing
sheet
balance
Trans-Arabian,
share.
per
2,248,932
Messrs.
not
(less amort.)
pat. licenses—at cost
LINE
settlement
At
Co.
61,496
The amount realized from this stock offeringabout $99,500,000 and represented in excess of a 98%
subscription
offered
deferred exps.
costs on new
and equipment
plant,
Unexpired ins. premiums & other
Tools,
dies, and preproduction
products (less amortization)-
amounts
(including
consolidated
among other things,
for financing the construction of the
line, and advances to Trans-Arabian by its stockholders in pro¬
portion to their respective stock interests.
Pursuant to one of
the
provisions of this agreement, contracts have been entered into between.
$20,000,000
of Stock Subscribed for—Com¬
received for approximately
been
$6,356,928
'-Property,
Patents and
the
PIPE
the
of
aggregating
stockholders, W. S. S. Rodgers, Chairman, and Colonel Harry T. Klein,
President of that company announced Oct. 16 that subscriptions had
daily
stock of Backstay Standard
Ltd.. (100%' of outstdg. shares)—at cost
Misc. sec. invests.—at cost (less res. of $25,000)
Cash value of life insurance
Travel advances & accts.—officers & employees
Miscellaneous deposits and accounts
Co.,
Aramco
in
the
vanced
to Realize About $99,500,000—•
281,000,000
1,867,141
market
Investment in
$1,224,120
992,243
in
Trans-Arabian equivalent
96,787
166, p. 508.
Texas Co.—Over 98%
ARABIAN
30
Co.
incorporated
a
the
on
period
100,815
$848,159
862,855
$0.98
—
$162,073
share
$0.75
$0.54
NOTE—Provision for depreciation
of property, plant, and equip¬
ment
amounted to $165,265 for the year 1947 and to $158,944 for
the
year
1946.
Amortization of patents and licenses amounted to
$3,399 for the year 1947 and to $3,399 for the year 1946.
which
Sea, a distance of approximately 1,050 miles.
Orders
placed for part of the materials for this line. The line will
be constructed principally of 30-inch and 31-inch pipe and will have
an
ultimate capacity of about 300,000 barrels per day.
Surveys have
been made of routes
for the pipe line
and construction is awaiting
delivery of material.
The pipe line is expected to be completed and
in operation by January 1, 1950.
In March, 1947, Trans-Arabian entered into agreements with
Jersey
and Socony under which Jersey
and Soconv became obligated (con¬
549,000
interests
Earnings per
CAPITALIZATION
Net
Earnings per common
of
of
been
61,156
taxes
accruals, and retained net income,
it
advantageous to finance a part
unsed
and
excess
Co.
Oil
one-half
.
construction
have
1949.
the
Crl4,249
for prior years
Refund of taxes for prior years arising from
Over-provision
Standard
ai.cl
increased
Mediterranean
113,341
income
on
Applicable to minority
pates
160,000
Co.
Co.
carried
board of directors
107,805
taxes
Dominion
(est.)—
year
future
Texas
correspondingly
Texas
is
from
owned
is
454,000
Depreciation
1947
Total income
Jersey
$22,249,436.
at
was
Calif.
of
Commission
-
of
Socony
warrants
Inc.—Notes Placed Privately—
The company, it was announced Oct. 13, has placed pri¬
vately through Reynolds & Co. $10,000,000 15-year 1%%,
2%%, 2%% and 3% serial notes, due from June 1, 1948
to 1962.—V. 166, p. 1524.
Camp,
Stokely-Van
such
provided,
1946
sources
its stock¬
cumulative
and
to
stock
pipe
1947
operations—less
administrative
and
Income
was
and construction is being handled by Jones & Laughlin
and actual field construction is expected to start in the
Co.
in
of
of» Texas
1947,
pipe line
Arabian
be
to
company)
31,
Line
ard
company)
of
the
on
respectively.
Canadian
affiliated
excess
in
and $120,000,000 less in subsequent
dividends of Aramco, while
1949,
share
stock
will
accrue
investment
that
year
.
design
one
from
Profit
plant
processed through
Co.
-
1397.
p.
(Including
pany
is designed to handle 159,000 MCF per day of high
pressure gas and return 123,000 MCF per day to the formation.
An
additional 7,000 MCF of casinghead gas now being
flared will be
of
shares
share.
per
137,453
Superheater Co.—Earnings—
that the common stock be
notice and that all certificates
must be accompanied by due-bills.—
cyc.ing plant to be located in Bee
The announcement further adds:
with
$978,970
3,420.000
$0.29
Six Months Ended June 30—
In
This
$4,384,521
4,689,186
$0.94
j.
common
direct
Stanolind Oil & Gas
Peltus
200,000
$1,116,423
distribution
any
restriction
and
40%
the
on
Aramco
will
May
posed
make
capital,
or
capital stock in
further
until
1524.
p.
Plans
for
166,
—V.
V.
dividends
common
Earned
—V.
1,000,000
$4,946,538
562,017
taxes
profit
Surplus
424,294
1,244,000
on
Exchange
Stock
ex-rights
quoted
not
634,221
2,490,000
discounts
and
Income
Standard Oil Co.
record
439,314
$3,257,717
273,000
$9,510,073
income
Capital extinguishments
Depreciation and depletion
agreement
participating in the payment are the Standard
Oil Co. of New Jersey, Standard Oil Co. of California, Consolidated Oil
Co., the Sabalo group, the Seaboard group and their affiliated com¬
panies.—V. 166, p. 1524.
makine
61,381
income
$29,137,701.
was
in
increase
Pipe
no)
the
of
1948,
full
a
TRANS-ARABIAN
$7,618,061
3,214,480
43,237
$16,674,944
9,448,692
income
will
surplus,
effect
1947,
than
dividends
Calif,
1946
1947
The
years
years,
the
it
earnings,
will^e that those companies will receive $6,000,000 less in each
the
of
The
companies
American
Socony
of
income
operating
operating
of
dividends.
Co.
Mexico Makes Final
The
1324.
p.
6 Months Ended June 30—
Preferred
of 70 cents a share.-
for
165,
Chairman, has been
the death of Morris
subscriptions
holders
from
Interest
1396.
166, p.
Standard Oil Co. (N.
a
Sunray Oil Corp.—Earnings—
Other
Net
Mr. Strawbridge is a
H. Clothier, founded
on Sept. 8 of Morris L. Clothier.
C. Strawbridge who,
with Isaac
as
Clothier.—V,
15,691,801 120,488,051 119,722,755
22,947
287,709
182,682
16,573,879
Operating
$
$
$
$
member of the firm since 1900, has been
of directors, to fill the vacancy created
a
the board
of
partnership in 1L68.
Robert
E.
Strawbridge, Jr., son of the new
elected to the vacancy on the board caused by
business
the
1947—8 Mos.—1946
1947—Month—1946
31—
Justus
of
son
Southwestern Bell Telephone
Strawbridge,
E.
Chairman
elected
Monday, October 20, 1947
stock
Strawbridge & Clothier, Phila.—New Chairman—
The First Trust
Co. of Lincoln, Neb.; for the common: Schneider,
Benfet & Hickman.
Proceeds will be used to increase working capital.
preferred at par and the common at $15 per
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(1620)
CONTRIBUTION
rently
with,
the
TO
COMMON
issue
Utilities Co. will make
and
a
STOCK
delivery
of
EQUITY—Prior
the
1977
series
cash contribution of $2,000,000
to
stock equity
of the company.
The company proposes
$2,000,000 to the stated value of its common stock.
The company may,
stockholders
stock
to
in the
near future,
make
exchange for its $6 preferred
to
or
bonds,
the
to
cur¬
Texa
commoi
add
thi
offer to its preferred
stock and 7% preferrei
an
issue of preferred stock carrying a lower dividend ratf
is consummated, all shares of such $6 preferred stock am
7% preferred stock not exchanged will be redeemed and retired.
%
The company proposes to use the $2,000,000 for one or more of th
following: (1) the calling of the unexchanged $6 preferred stock am
7% preferred stock; (2) the payment of serial bank notes; (3) othe
If
a
new
this plan
corporate purposes.
HISTORY
AND
May 27, 1912.
BUSINESS—Company
Company is
a
was
incorporated in Texa
public utility company operating wholl;
Volume
•within
166
the
Number <1639
State
of
Texas
and
THE
is
a
subsidiary of Texas Utilities Co.
of American Power &
Light Co. and of Electric Bond & Share Co.
Company is engaged in the generation, purchase, transmission and dis¬
of electricity.
It sells electricity to residential, commercial,
farm, industrial and government and municipal customers and buys
Irom, and sells electric power and energy to, other public
utility com¬
panies and governmental agencies.
and
tribution
Pursuant
utility
to
order
holding
Utilities
Co.,
system
the
of
system
company
wholly
a
SEC
dated
Oct.
25,
formed
was
1945,
under
new
a
29,
of Texas Electric
in
ton-miles
Service Co.
1945,
and
mated
&
FINANCIAL
September
in
20%>
Underwood
(Including
after
Other
Commission
Texas
Co.
the
and
Upon
Dec.
its
extended
Utilities
Co.,
31,
such
time)
Texas
1947,
interest
date
all
of
said
direct
Service
order
indirect
or
Dallas
Co.,
the
(unless
in
interest
Power
&
Light
American, the Commission has extended
time within which American is to divest itself
Texas
Utilities
ever,
being
subject
to
tion,
after
notice
domestic
the
Co;;
the
latter
reservation
by
extension
the
of
subsidiaries)
vision
Utilities
of
jurisdic¬
through
public
sale
and
voluntary
distribution
1946
1945
$1,316,468
191,420
$1,998,048
124,794
$1,507,888
tax
___
427,694
401,649
Cash
company
Texas
corporation
and
company
which
which
would
would
be
wholly
a
receive
title
to
owned subsidiary of the
the oil, gas and mineral
rights (except coal and lignite) in and under company's lands in
exchange for the entire capital slock of such corporation.
The com¬
has recently executed an oil and gas lease on a portion of said
pany
lands
has
and
portion
order
given
of-the
with
option
an
The
same.
respect
to such
for
oil
and
to
an
date
Commission
of
3,124,755
160,819
194,658
$3,856,869
$919,375
OP
Period—
734,300
$18,i 20,702
Operation
p.
Ped.
appropriations
any
$o.25
$1.25
$2.08
income
and
1945
1,038,001
1,453,333
855,150
State
Prov.
Other
950,000
$1,369,671
taxes
'To'tal
1,400,000
1,318,900
*1,200,000
4,257
4,655
4,514
1,306,159
1,200,806
1,170,672
excess
596,827
$762,824
1,806,450
1,868,806
538,532
2,438,512
$4,842,174
$4,948,627
$3,830,314
$4,1-35,141
7,602
5,696
81,528
110,283
$4,954,223
$3,911,853
$4,975,423
1,261,431
1,233,089
4,014,118
2,374,689
$2,897,734
$2,600,738
deducts.__
income
Annual
the 2%.
(adjusted)
interest
serial
the
on
proposed
interest
of
are
principal
to
series
outstanding
bonds
$240,000,
$1,278,211;
$1.72
of
name
amounts
of
each
the
Whipple & Co.-.
Blair
&
Dallas
aggregate
an
principal
1377
underwriter
series
bonds
&
and
and
Co._
Alfred
Otis
500,000
Patterson,
200,000
f
$314,409;
total,
and
&
Pierce
&
Cost
cf
profits
cess
Other
Mosle
and
More200,000
100,000
White, Hattier & San-
&
Co
Co
&
Co
Depletion
Capital
shares
.Earnings
per
(&
Y,Tould
result
Trane
from
31,
loss
for
the
to
165,
$3.04
and
U.
and
after
share
on
in
—V.
166,
p.
and
1,402,136
446.385
$4.67
$1.46
__
The
9
filed
letter
a
of
notification
with
the
SEC
(10c par) common stock, to be offered at $1 a
B. Cantor Co., New York.
Proceeds will be
development of oil and gas leases.—V. 165, p. 1637.
for
deprec.—
S.
Tucker Corp.—Sells
corporation,
*?3
'43
and
will
has
1,026
sold
corporation
$3,447,550
payable
are
It
/is
in
owed
received
in
12
also
was
ceived,
franchises
dealers
organization
the public through the sale of
The
begin
soon
from
disclosed
that
addition,
$3,600
common
from
months
$257,300
on
Export Corp.—V.
open
166, p.
the
date
new
all-time
announced
by H.
record
of
new
of
Sept.
half
that
to
supplied
for
$1.69
$1.03
$1.65
$1.53
September
For
Million
the
$4,285,590 in cash
latter, except $70,000,
Sept.
30
the
promissory
from
sale
of
corporation
notes
of
has
$2,300,
franchises
by
re¬
and
Tucker
C. Arnot,
deliveries,
subsidiary,
Air
the
the
for
accounts
of
ended
yeais
BALANCE
Govt,
Solar
SHEET,
Mining
Solar
July
Mining
1945 to
31,
JULY
motor
coaches,
representing
60%,
were
plants.
41-passenger model
Lines,
Inc.—Reports
first
Record
air
has
been
will
_
•
taxes
not
1947
securities,
$22/91,014.
$106,125;
receivable.
total,
$22,393,345;
due
Trust
Debentures
Co.—Definitive
Rubber
&
1, 1976, are now available
York, N.
Y., for delivery
May
New
Co..
outstanding
atv
in
debentures.
temporary
that this company
Richfield Oil Corp. to drill for
Angeles, Calif., and drilling
10 announced
are
its
tiro
few
a
Los
days.
It provides for the payment o*
all oil and natural gas produced..
below the surface of the 33
Road,
where
the lire
p'ant is
effective for 20 years.
is
to
permitting
factory in
agreement
of
within
grant
royalty
the Rubber company 011
granted
5675
at
acres
located,
all
to
but
oil
reserves
R.
Anaheim-Telegraph
slant
since
disturbed.—V.
be
not
B.
has
been
will
puvnt will
the tire
employed,
be
802.
p.
Corp.—Officials Promoted—
Steel
States
Scott
drilling
166,
General
appointed
the
of
Accountant
United
Corp. of Delaware, succeeding S. P. Small, who 1ms been
Comptroller and a director of the American Bridge Co., to
States
Steel
elected
succeed
Mr.
F.
D.
Scott
resigned.
Colburn,
the
joined
1943.—V.
in
staff
166, p.
United Utilities
On
1945
$612,860
obligations—
$346,791
$580,240
752,330
to
be
used
for
612,341
544,627
1,780,881
the Steel corpora¬
the Comptroller of
of
1526.
1,422,648
1,312,719
other
99,191
216,335
8,42R680
7,608,466
280,465
268,508
91,525
$14,508,464 $12,926,777
defd.
$10,153,259
chgs.
874,234
3,100,315
2,752,575
Fred
5,877,318
Joliet,
Co.,
5,377,311'
150,411
150,411
150,411
3,402,235
stock
surplus
3,023,629
3,007,058
$14,508,464 $12,926,777
1,412,803
stk.
com.
for
reserves
S. Airlines,
F.
to
Willis,
Service.
should
in
available.—V.
550,000
$17.15
$16.46
stk.
of com.
depletion
and
depreciation.—V.
Faper
ties
Corp.
without
U.
S.
Press
165,
Airlines
contract
p.
States
is
of
in
dispatch
would
the
days,"
$16.43
3176.
p.
from
at
its
Mr.
of
Willis
Oct.
on
purchase
process
the
said.
9
of
drawn
No
J.,
announced
stock
being
N.
securities
at
market
after
allowance
had
tax
has
Since
which
investment
tax
for
details
is
underlying
on
the
net
municipal
value
on
fair
impracticable to
on
we
were
July
and
the
of
determine
be incurred in any future
included in this calculation, no
of
the
NINE
securities
all
other
Undei
capital
federal
realization of the
for such
provision
MONTHS
ENDED
SEPT.
1946
1945
1944
$863,294
$807,829
$787,211
28,541
45,512
80,676
2,187
156
?
Total
Net
the
Smico
of
$894,022
$853,498
$867,887
767,573
1,389,098
414,933
*40,868
$1,826,444
profit
$2,233,120
$1,268,431
$827,019
23,410
14,705
9,850
9,033
148,185
the
for
period.
tSecurities
Ton-Miles
135,556
124,649
111,921
$1,654,849
$2,132,858
$1,133,932
$706,065
leceived
as
dividends.—V.
•
in
United
value
30,
166,
p.
States
&
$13,919,850),
LIABILITIES—Reserve
The
tion
in
he
1936 and
the fo'lowing
founded Missouri Valley
year
Wall
firms to-
of the :e
1397.
acquired all of the outstanding
$250,000
of
amount
by
given
York
New
Greater
connection with the purchase last year
Inc., has been canceled, the latter
to Universal in
Druggists
with
Syndicate,
for
listing
event
the
I11
the
Universal
the
will
and
the
shares 011
All
■
the
of
May
100
at
pay¬
Bonds
—
■
.
sinking fund general mortgage 5%
bonds
called for redemption 011 Nov. 1, nexis.
will be made at The Royal Bank o£Toronto, Canada.—V. 136, p. 1039.
have
interest.
Montreal
in
in
outstanding
1954,
1,
and
Canada
cash
in
Corp., Montreal, Canada
Tower
Called—
due
$246,750
Mr. Gotthilf
166, p. 1260.
pay
stock.—V.
Smico
University
issued to Mr. Gotthilf will be
Exchange Commission and applica¬
the New York Stock Ex¬
additional shares are not listed cn the
Universal stock
of
the Securities
made
be
for
ment
shares
47,000
will
been
Payment
or
Vanadium-Alloys Steel Co.—Annual Report—
EARNINGS
FOR
YEARS
ENDED
JUNE
30
1943
1945
$8,895,516
$7,557,253
*$9,633,770
Dividends
31,442
29,490
38,856
Interest
37,190
56,295
78,003
46,067
95,263
90,876
7,396
4,921
3,984
1,263
1,586
4,580
$9,018,874
$7,744,808
$9,856,072
6,030,310
5,167,502
6,496,221
126,603
914,316
121,347
832,805
110,514
770,922
»341,562
390,791
23,650
7,673
16,610
390,79!
45,200
13,170
Sales, less discts.,
&
returns
of
sale
on
allows.
securities
purchases
on
Miscellaneous
Total
income
of
sales
Depreciation
Additl.
and selling exps.__
ficers
and
Amortiz.
to
employees in
bond
of
International
$9,603,379;
taxes
mil.
serv.._
premiums
Loss
Securities
other
assets,
Corp.,
at
$16,000;
cost
total,
Net
on
27,358
loss
of
treasury
disposal of
on
and
accounts
payable,
$36,650;
value—outstanding 100,000
fixed
assets
Employees' retirement annuity exp.
Taxes, other than income and ex¬
Prov.
for
Fed.
for
Fed.
of
Net
91,033
1,435
32,189
25.752
normal
profit
excess
103,807
tax-
35,570
surtax
498,225
26,300
321,703
303,300
766,800
income
tax
&
profits
lax
-
paid
per
amended
—
share!to
137,977
32,400
124,516
—
profit
*As
10,114
6,430
21,772
47,707
26,383
refunds--
net
Net
34,333
50,064
13,541
43,500
profits taxes
for Pennsylvania
cess
Dividends
surplus, $650,422; undistributed net ordinary income, $618,235;
profit
on
investments, $14,602,969;
total,
$31,006,776.
shares
9.8"G
503
sale
Prov.
for
of¬
directors,
employees
compensat.
capital
166, p. 97.
vacancy-
said.
Prov.
realized
the
in
registered
$4.50 first preferred
stock
(without par
shares), $10,000,000; $6 second preferred stock (without par valueoutstanding- 50,000 shares), $50,000; common stock (without par value
—outstanding 985,000 shares), $98,500; general reserve, $4,950,000;
net
the
fill
according to a letter to stockholders on Oct. 15.
of the acquisition.
Morris H. "Gotthilf, Chairman,
Research
97.
1947
$31,006,776.
—V.
to
terms
Interest
SEPT.
ASSETS—Cash, $1,119,169; dividends receivable and interest accrued,
securities, at cost (indicated value $32,207,580), $20,165,520;
(indicated
•
SHEET,
$97,708;
investment
director
Smico, Ih'dth which held all of the common stock of'
Ink Co.,j ofi Illinois, Inc., producers of printing and
General, admin.,
other
Expenses
Profit
Director—
a
on
investments
and
on
and
American
Profit
$1,058,871
realized
share
per
-»■
1947
2,875
incom
cents
1946,
30,
Inc.—Acquisition—
30
1947
1 Other
share
per
Aug.
newly elected Chairman of
Universal, contracted to
sell 3,000 shares of Smico, representing the total
outstanding issued
capital stock of Smico, and received 47,000 shares of Universal stoclc
in return.
The shares were valued at $246,750.
In addition, a note
corporation
apprecia¬
approximately
$1,055,996
dividends
Interest
1333
In
this corporation
last,
CONSOLIDATED
STATEMENT,
10
•■*.»
City, Mo.
Snedden sold both
Inc. early this year.—V. 16G, p.
lithographic inks,
of
made.
INCOME
31,
stock of
Metallic
capital
Securi¬
unrealized
1947,
30,
assets,
value
assets
taxes
Sept.
International
&
may
profits
been
it
and
States
estimated
quotations,
state
indicated
an
based
at
President
became
company.
Wallpaper,
of
As
Willis
and
Securities Corp.—Report—
United
value
prices
elected
been
Universal Laboratories,
change.
Foreign
indicated
market
1526,
Kansas
Industries, Inc.,
Teterboro,
1111,
&
the investment in
quoted
111.,,
the
Mills,
receivable
couple
a
165,
Inc.—Proposed Acquisition—
President of Willis Air Service,
of
"The
close
$10,153,259
1,681,093
550,000
outstdg.
Associated
an
1,507,546
550,000
capital
has
Snedden
G.
United
surplus
of
of
payment
cents
10
made on
by the resignation of Charles W. Kellogg, who after 50 years
in
(he wallpaper industry, is retiring at his own
request.
Mr.
Snedden
was
one
of the organizers of the Superior Wallpaper
246,103
756,493
payable
maturities
shares
another
by
of
holders of record Nov. 3.
was
115,876
248,610
5,877,318
contracts
10 to
the same amount
of
since.—-V? 160, p.
none
dividend
a
Nov.
on
caused
purchased
1,733,268
244,917
land
followed
was
25, 1947;
declared
payable
distribution
Corp.—10-Cent Dividend
Specialty
&
directors
stock,
United Wallpaper, Inc.—New
15,682
10,359,132
equipment
and
which
Jan.
the
10
common
initial
An
1:638,474
asse.s
and
Oct.
the
on
con¬
liabilities
"Loss.
1,024,874 ton-miles for the month, United
topped bv 36%;. its August figure of 752,641 ton-miles and
by 130%
the 445,485 ton-miles flown in. September, '1245.
In addition, the weak
of Sept.
21
through Sept. 27 proved to be the heaviest seven-day
period ever operated when an estimated 341,760 ten-miles were flown.
'
Dividends
Smith, President, 011 Oct.
an
site
start
The
a
Co.)
coaches.—
time
estimated
the
E.
Compens.,
combined
in
its
history, this corporation flew ever a
ton-miles in a single month, according to estimated
freight figures released by M. P. Bickley, Manager of
an
30,
$33,443,472),
debentures
Bank
l'cr
the
at
31
194G
receivable
taxes
218
value
States
signed
oil
Cost
.
operating
exchange
tion
BALANCE
cargo sales.
&
includes
statement
assets
Net profit
Capital stock
Record—
the
SEPT.
SHEET,
$991,544;
2% %
Chemical
Discount
air freight
September
In.
share-
stockholders
Air
Cash
sale
company's bus production
Vice-President in charge of sa'es.
Flown—
.
272,831
166, p. 1397.
United
United
$837,203
547,966
by
he explained.
the
f$36,782
including
tNct
income
accounts
and
Definitive
the
30,
^production of the Twin Coach Kent and Buffalo
Of
$904,790
550,000
1525.
September output totaled
V.
$566,571
550.000
623,605
and
of
gain
the
$7,733,140
as
Federal
328,957
franchise.
cash,
account
country
stock,
All
of
of
as
in
aggregating
franchise
notes.
Twin Coach Co.—New Production
A-
867,719
plant
working
No.
Thus, the funds supplied by the
roughly
are
promissory
production
the
over
Tucker, President, announced.
distributor-dealer
nnd
779,286
banks
$47,220,657.
$7,733,1*0 in Franchises—*
which
automobile,
distributors
Preston
372,333
above
tion,
This
16,407
Cr45,422
S.
Calculating
Oct.
on
years'
prior
lor
tLoss.
dividends.
taxable
as
provision
$978,300
$1,615,044
value—outstanding
Exchange,
Underwriter,
Tucker
800,000
5,342
Cr80,334
197,700
5—
United
covering 298,116 shares
used
880.000
30,638
182,168
310.
company
par
Rights
Total
Net
Transgulf Corp., Houston, Texas—Files With SEC—
share.
616,788
LIABILITIES—
that
1946
$6,990,383
taxes
118,696
•>
for
securities purchased, $151,272; reserve
payable, $73,550; $5 first preferred stock (with¬
200,600
shines), $20,000,000'; $5 second
preferred stcck (without par value—outstanding 100,000 shares), $500,0C0; common stock (without par value—outstanding 2,485,543 chares),
324,855; special reserve, $103,101; undistributed not ordinary income
(since
Dec.
31,
1943), $155,551; net
realized profit 011 investments
(since
Dec.
31,
1943), $2,482,685; total, $'23,491,014.—V. 166, p. 97.
taxes
3,629,037
626,137
78,564.
expenses
Charles
shares
300,000
$6,682,975
3,677,549
673,541
struction
U.
$12,242,938
charges
$6,881,203
4,037,096
410,700
accounts
'Property,
3328.
Co.—Earnings—
profit
$6,467,000
793,345
which
1946
1947
received
(indicated
out
has
1947
According
sales
Net
1944
3,203,795
(Includes
Nil
p.
147,326
$9,789
Herbert
1945
1946
in
of
Sleight
2,421,380
8 Months Ended Aug. 31—
Per
166,
3,283,138
ASSETS—
Earned
*8391,541
credits
tax
period.—V.
$25,695,199.—V.
total,
1946
Reserves
$7,370,780
-
given
shares),
$928,605
—deferred
1947
43.0C0
tax.
$2,442,254
cost
provision
1947.
Notes
Subs.)—Earnings—
other chgs.
25,814
tax
inc.
ASSETS—Cash,
at
contingen¬
par
no
188,817
com.
~
Pet
t684,589.
$188,070
8,709
41,000102,579.-.
required.
ex¬
wholly owned
a
300,000
2,421,280
been
for
reserve
(795,770
(net)—
NOTE—The
Co.,
July
"After
has
$26,-
4,975,507
Stkhldrs. equity per sh.
effect
lease¬
deferred charges,
2,921,993
declared
per
Current
"Loss.
NOTE—No
accounts
3,287,349
income
divs.
100,000
outstanding
share
credit
Cos.—Annual Report—
taxes
and
Common
Six Months Ended June 30—
INet profit after deprec. taxes, & all
other
&
Fed.
expenses
United
Net
Com.
Capital
Timken Roller Bearing Co.
and
depletion,
$1,075,653;
accruals,
stock
1947
expense
200,000
ford
250,000
and
$1;
etc.,
$1,862,045;
$8,862,858;
exps.
and
charges
Total
land
for
for
$8,247,871
adm.
income
Prepaid
1397.
p.
and
taxes,
Coal
sales
and
Miscellaneous
Thomas & Co
Moran
Electric
mining coal
Selling
Cash
Co.
750,000
Milwaukee
assets—Notes
depreciation
common
surplus,
Inventories
100,000
Hayden, Stone & Co
166,
$1,121,834
3,861
40,750
98,923
Richfield Drills for Oil—
Notes
&
Russ
The
payable
income
$1,942,105;
earned
United
750,000
Copeland
500,000
Mason,
$1,741,438
6,797
LIABILITIES—Payable
1947
250,000
Rotan,
300,000
Co.
State
Years End. July 31—
Coal produced (tons)---
100,000
Co
Inc.
100,000
&
&
Co
Rauscher,
100,000
Inc
O'Gara
30,
1397.
p.
150,000
Co.
Gregory & Son, Inc
—V.
and
taxes,
250,000
Co.__
&
other
for
reserves
trademarks, contracts,
$25,695,199.
the
and
Kendall, Inc
200,000
Co
Parsons
336,956
annual
underwritten
Securities
350,000
Inc
Trust
Edwards,
Graham,
Ross
Nashville
250,000
Co
Co
&
Dittmar
J.
&
Co.,
Union
Dempsey
.R.
or
Mullaney,
$2,000,000
William
$1,291,397;
$13,735,176:
Federal
JUNE
land, buildings, equipment, wells, pipe lines,
(less
cost
at
733,35?.),
Cash
Inc.
Bacon,
investments,
etc.,
SHEET,
U.
S. Treasury bonds, $3,000,000:
ac¬
inventories at lower of cost or market,
$2,729,204;
receivable, $317,159;
holds,
BALANCE
$3,028,942;
receivable,
CONSOLIDATED
Balsey, Stuart & Co.
Burr
mortgage bonds
$40,000, respectively,
$366,250 and
fellows:
as
$872,659-
869,585
Profits
397,885
$1.96
CONSOLIDATED
ASSETS—Cash,
counts
$1,146,250.
UNDERWRITERS—The
.respective
$3,671,233
presently
amounts
1977
charge
$3,588,314
the
on
notes
$784,878
1,593,870
on
$772,844
795,770
period--
for
Capital shares outstanding
Earnings per share
Earns,
Net
$871,853
BALANCE
Federal
(net)
income
$1,067,524
1,331,410
795,770
Surplus
Income—coal
revenues
income
$928,872
41,832
1,955-
—
profit
''Securities
income
Net
Dividends
689,37 7
$4,849,776
Other
1944
$773,465
8,894
2,519
~$2~661,394
stock
1946
$3,box,081
1,081,000
Federal
and
Cap.
1947
$4,loJ,982
1,494,387
—.
and depletion
$11,952,537;
1344
1,352,147
inc.)
taxes
oper.
1945
5,157
income
realized
Net
$1,558,595
income
Depreciation
Interest
Net
30
SEPT.
1946
3864,122
2,573
income
Total
Total
(& Subs.)—Earnings—
Six Months Ended June 30—
Operating
Calendar Years-
3,430
than
ENDED
MONTHS
NINE
$1,065,274
2,250
dividends
investments
United Carbon Co.
for
limited-term
of
(other
profits
entered
not
re¬
investments
Taxes
STATEMENT,
1947
96.
LIABILITIES—Accounts
1,247,472
.Amort,
another
on
$17,863,119 $17,299,210 $16,221,051
7,237,168
6,550,850
5,852,832
8,115,693
serve
has
1_46
Maintenance
retirement
INCOME
734,300
shares
share
per
166,
cies
July 31,'47
revs.—Electric
lease
gas
EARNINGS
12 Mos. End.
Property
made.
Sept. 30, 1946, the net assets of the corporation had an indicated!
based on market quotations of approximately $33,889,775.
$1,526,535
734,300
I
capital
ivmines
application.
SUMMARY
Oper.
been
has
tax
Interest
provision
income
—V.
Utilities
common
stock to American's preferred
stockholders, or
plan shall be withdrawn by either of these companies.
has no subsidiaries, but on Sept. 3, 1947, fi'ed with
Commission an application seeking
approval for the creation of a
the
such
$2,122,842
493,640
On
value,
Other
Net
of
of such
The
appreciation
for
1947
,
Texas
after allowance for state and municipal taxes c«!
had an Indicated value on Sept. 20, 1947, of
$34,256,319. Since it is impracticable to determine the-'
federal capital gain tax which may be incurred in any future reali*
zation of the investment proiits included in this calculation, no pro¬
126,099
income
Federal
of
how¬
time,
Commission
opportunity for hearing, to terminate such
extension prior to Dec. 31, 1947, if
during such extended period the
Commission issues an order
disapproving the Section 11(e) plan filed
by American and Electric Bond and Share Co. on Sept. 6, 1946,-which
contemplates, among other things, divestment of American's interest
in
corporation,
$7,349,165
—
income
Total
to
and
Texas
the
unrealized
'"1
by
the
in
of
Electric
company.
application
from
value
on
held
year
United §tates & International Securities Corp.--Kei>ort
Calculating securities without quoted market prices at estimated fair
and all other sffcurities at market quotations, the net assets ot;
esti¬
an
$7,475,264
expenses.-
No.
one
flew
Corp.—Earnings—
9 Months Ended Sept. 30—
Net
to
within
the company
4£
approximately
Depreciation
itself
at 714,127, up 9%>
the 596,169 ton-miles
over
Bickley said
537,080
by American, and all of the common
stock of Dallas Power & Light Co.,
being about 91% thereof, held by
Electric Power & Light
Corp. As a condition precedent to permitting
the order to become effective, the SEC
required that American agree
divest
(1621)
estimated
were
August and
Mr.
year.
CHRONICLE
ton-miles of ail- express last month, down 3%>, from
553,057 ton-miles the previous month and 0.2%
above
the 536,208
ton-miles operated in September a year ago.—V.
166, p. 1525.
and
company
in
653,435 ton-miles
September last
Texas
control
Utilities Co. was incorporated in Texas, Sept. 4,
1945, acquired all of the common stocks of the
Texas
Oct.
mail
from
public
of
Air
owned
subsidiary of American, to bring into
a
group
of public utility
companies operating wholly
■Within the State of Texas,
consisting of Texas Electric Service Co.,
Dallas Power & Light Co. and the
company.
'
this
COMMERCIAL
give effect
to
$341,503
654,692
$2.68
$3.18
settlement ($185,000).
$822,811
'
453,18.3
'
'
$4339
renegotiation
$543,755
£05,5:2
>A
V
\
1
5T (1622)
THE
CONSOLiOATEI? BALANCE SHEET, JUNE 30, 1947
ASSETS—Cash in: b&nk$ and on;.hand, $746,238; marketable, securities
cost less
reserve), $1,6£3,278; notes and accounts receivable, trade
(after reserve for doubtful accounts of
$12,500), $480,638; inventories,
$3,378,971; other current assets, $32,069; long-term instalment accounts
receivable, $20,583; investments, $110,026; land, buildings and equip¬
(at
ment
(after reserve for depreciation of
$2,344,143), $2,228,187; U. S.
Government bonds deposited under self-insurance agreements (at cost
less reserve),
$15,425;
patents,
deferred
$1;
total,
$37,417;
charges,
$8,737,832.
LIAEHjITIES—Accounts* payable (trade), $223,242; accrued payroll,
"V
$103,539;
additional' compensation to
officers and employees
$67,356; provision for
income taxes,
$533,795;
reserve
for contingencies, $441,268;
capital
: shares
(issued 210,000 shares without par value), $2,000,000; surplus
arising1- from revaluation of fixed assets, $25,534; paid-in
surplus,
$4,051,561; earned surplus, $1,274,870; less 8,650 treasury shares at
icost (Dr)$324,893; total,
$8,737,832.—V. 162, p. 2192.
accrued,
'OJ
$341,562;
'
.
-J
accrued
:
taxes
Utah Power & Light Co.
(& Sub.)—Earnings-
1947—Month—1946
$1,413,706
1947—12 Mos.—1946
$1,257,423 $16,223,856 $14,317,107
deducts..
1,120,916
764,257
revenues...
$292,790
2,528
$493,166
$295,318
93,118
$495,852
$202,200
revenue
The
oper.
11,456,487
Other
9,657,126
income
Gross
(net)
first
whose
$4,659,981
$4,727,654
248,027
$4,797,883
1,904,171
$247,825
$2,893,662
67,673
deductions
Dividends
355,572
355,572
1,422,289
Balance
♦$153,372
$0,17
$107,747
2,483,660
$L471,373
of
ship's
this
per
share
com.
♦Loss.—'V.
166,
$0.21
$1,177,277
$1.89
$2.44
1
509.
p.
•
of
Walter
a
B.
Brown, President, on Oct. 10 announced
manufacturing plant at Morrisville, Pa.
new
The
the food,
100
plant
new
of
will
be
employed.
Erection
the
of
main
building
is
to
recent
cost
sale
of
of
the
of
second
$1,500,000
series
plant.
new
The
ities
Morrisville
the
at
Heights,
supplied
has
3VzVc
The
been
made
cumulative
p.ant
plant
site
from
preferred
comprises
120
of
proceeds
stock
acres
to
166,
terminal
Tenn.
Principal raw material
will
company's phosphorus producing plants located
Tenn., and Tarpon Springs, Fla.—V. 166, p. 1260.
the
Pleasant,
Period End. Sept. 30—
1947—Month—1946
$427,849
—V.
to
storage
166,
formally
company
reclassified
dissolved
Oct.
of
Potomac
Power.
Operating
$304,496
$818,193
The items appearing in
"Washington
Railway
Washington
Railway
Amort,
of
Federal
Net
&
from
Net
ry.
from
at
Net
from
Net
ry.
Net
expenses
57,764
Ry.
Net
6,'929
Other
$727,845
180,723
AUG.
Net
plant
acquisition
income
(net
Balance
Interest
Special
Net
loss)
693 168
charge
='63l!647
income
reduction
pro rata
in
Federal
amount
income
of tax
that
portion
which
is
of
premium
equivalent
to
and
resulting
taxes,
reduction
tlncluding $443,429, representing
resulting from sale of transportation
property.—V. 166, p. 1526.
Warner Bros. Pictures, Inc.
(&
May 31,'47
theatre admissions, sales,
Rertts from tenants and royalties
etc
Profit, net,
on
V Total
'782,253
3'895'389
832!854
92,513
Drl03,891
i_
income
of
130,151,010 121,595,786
film
costs
Other
24,892,298
5 574 082
costs, incl. royalties and participations
UOperating and general expenses
Intwest expense
6l',853'881
Provision for estimated Federal taxes
on
yrs.
7153
Tax
This
1 100 000
11,900,000
14,749,202
5,551,635
.
are
MAY 31,
$1.99.
the
1947
the
payable,
accrued
$2,083,913;
liabilities,
reserve
$2,752,499;
$6,802,729;
for
Federal
for
con¬
a
on
costs
for
income
reduce
greater accrual than is shown is
of
no
companies
subsidiary
accounts
Federal
royalties
income
its
and
28,079
subsidiaries
have
$10,100,000
a
old
parent
reserve
of
which
is
was
up
to cover eouity
Pacific Railroad Corp.
believed the railroad
set
Western
company,
the reorganization
tax liability.
managers
sales
Cost
of
and
taxes
in
Federal
The
reserve.
District
Court
166,
1946
$2,481,394
Net
admin,
profit
and
general
from
income
in
in
suit
obligations
government
San
this
covering
Francisco,
16.920
$56f',204
230,000
$463,532
income
taxes
$288,204
$268,849
153,792
profit--
153,792
$1.75
$1.87
BALANCE
(less
$1,300;
will
is
question
Calif.
("Wall
194,683
50,000
contingencies
Capital shares outstanding
Earnings per share
able
$446,612
3,104
Pennsylvania and Federal
for
1,585,341
449,438
.
$565,100
operations
(net)
income
Reserve
Net
493,813
expenses
hand
(on
bad
debt
inventories,
in
receiv¬
accounts
$534,557;
notes receivable,
value life insurance, $126,275;
cash
(less depreciation reserves, $441,785),
deferred charges,
$23,077; total,
equipment
prepaid
$312,539;
bank),
$39,883),
$1,113,212;
and
property
1947
SHEET, JUNE 30,
and
reserve,
and
expenses
able
(miscellaneous!,
other
and
accrued
State
capital
inccme
stock,
total,
reserve
capital
surplus,
held
stock
taxes, $15,041; Federal
for contingencies, $50,000;
$199,928;
earned
surplus,
(8,840 shares), Dr$32,685;
miscellaneous
$346,417;
taxes,
capital
accrued
$1,300;
treasury
$162,632;
$3,228,811.—V.
(regular), $192,831; accounts pay¬
salaries and
wages,
$4,265;
payable
$22,166;
expenses,
164,
in
2196.
p.
Woodall Industries, Inc.
(& Subs.)—Earnings—
of
products
Research
Interest
of
$7,049,470
10 466. T>8
1 071,038
gofiQ 74ft
sold
general expenses
and
engineering
Amortization
Postwar
returned
reserve
Crl60,30Q
credit
tax
(est.)
860,700
20,900
$1,195,530
stock
Preferred
$198,573
;
180,000
92,898
dividends
Earnings per common share
CONSOLIDATED
COMPARATIVE
and
$1,559,468
deposit
on
58,808
1,344,889
59,383
1,597,981
1.276,929
114,307
109,979
105,480
72,847
2,131,840
179,101
677,907
81,352
1,802,397
189,001
705,447
96,793
$6,351,891
$1,396,650
$1,459,290
securities
receivable,
Claims for
refund
less
reserves—
Federal taxes
of
income—
on
Inventories
surrender
Cash
of life
value
insurance
assets
plant
Property,
for
now
Street
$1,139,917
59,221
1,718,305
59,363
$8,288,844
Accounts
Other
SHEET
May 31,'47 Aug. 31,*46
hand
on
400;000
$0.34
BALANCE
ASSETS—
Cash
120,000
53,125
400,000
$2.75
dividends
stock
shares outstanding
Common
5,484
Cr20 0,00ft
inc.—
to
profit
Common
22,792
5,292
10,005
deductions
income
on
25,835
27,540
good will
reconversion
Carry-back
808,216
b'l, to I
expenses
expense
Miscellaneous
Net
35,406
$13 ,694,600
Selling, admin,
Taxes
$7,014,064
6,563
income
Total
Cost
1946
1947
$13,68£,037
sales
equipment,
and
less
reserves
depreciation
less amortization
—
charges
Total
LIABILITIES—
Accounts
Taxes
payable
and accrued expenses
cum.
($2
value)
par
surplus
surplus
Capital
Earned
-
Total
-V.
165,
183,23ft
90,625
2,468,125
800,000
141,, 188
2,432,327
110,000
2.500,000
800,000
137,543
1.661,826)
$5,851,891
(est.)
payable on properties acquired
conv. pfd. stock ($25 par value)
stock
Common
959,929
3,288,844
income
on
Mortgages
2182.
p.
995.
p.
Period End. Aug. 31—
1947—Month-i-1946
S>
Operating revenues
16,786,010
16,430,059
15,992,280
20,903,261
Net
expenses
oper.
Ordinary
♦4,473,202
12,033,689
♦6,073,499
94,616
937,181
994,234
(non¬
Gross ordinary income
908,832
12,970,870
♦4,378,586
♦5,079,265
Profit
Net
515,028
526,600
4,010,216
4,283,469
393,804
♦4,905,186
8,960,654
♦9,362,734
9,925
ordinary
income-
Extraordinary
Delayed
income
8,189
3,479
104,323
(net)
2,160,943
1,956,332
—
month-
403,729
Deductions from net inc.
Cr22,000
operations
Other
payable,
participations
U.
S.
income
from
Divs.
to
8,964,133
♦7,097.468
2,002,000
♦2,940,665
20,000
transfer'd
earned
surplus—
425,729
6,962,133
♦2,940,665
♦7,117,468
Service to Italy Resumed—
company
the
of
system
on
United
the
Oct.
States
12
Azores
direct
cable
service
between
Italy
with
Islands
Western
in
Union's
mid-Atlantic,
transatlantic
they
as
were
cable
prior
to
1398.
p.
Wisconsin
resumed
suspension of operation since the begin¬
submarine cables belonging to the Italcable
connected
the
166,
Prof,
before
income
for
♦Special
taxes
4,546,564:
$2,779,553
635,156
1,002,079
254,063
Public
set
for
$3,351,298
1,252,171
taxes
$6,160,581
2,269,224
$4,035,696
1,300,912,
$2,006,987
1,966,727
$1.02
$3,891,357
1,967,637
$1.98
$3,555,409
1,966,727
$1.81
Cr820,625
net
profit
Capital shares outstand.
♦Estimated
000;
$3,025,937
1,018,950
$2,099,127
1,967,637
$1.07
—
income
com.
share
credit
refund of prior
for
gain from sale of real property
profits tax. $500,-
years excess
(net), $320,625.
tNot stated.
foreign subsidiaries
in the amount of $277,618
rates of exchange. They do not include, however,
the company's equities in net profits of unconsolidated domestic sub¬
sidiaries which were $133,250 in excess of dividends received there¬
from and taken into earnings for the six months period to June, 30,
above
the six months
statedjat prevailing
1947.—V.
166, p.
earnings include profits from
ended
June
30,
1947
'
610.
Yale & Towne Manufacturing Co. (&
Oct.
1947—3 Mos.—1946
Period End. June 30Net
earnings from oper.
received __T—
Service
Corp.—Hearing
on
Sale of
Total
income
Depreciaion
has
7,552,585
226,467
$5,525,425
items
Consol.
Interest
SEC
prov.
Interest
Securities—
The
270,663
4,297,701
U.¬
after
The
war.
were
at
1941.—V.
10,093,7891
143,428
subs.
for
♦Deficit.-
The
$2,217,104
665,405
261,218
(net)
foreign
NOTE—The
income
2,320,178
exp.
domestic
from
Profit
Earnings per
accounted
during
2,326,154
1947—6 Mos.—1946
$22,442,603
t
4,647,973
110,691
$3,090,080
adm.
&
gen.
t
5,557,915
141,681
operations-
Depreciation
Sell.,
Prov.
current
(net)
income
Net
from
subsidiaries)
domestic
1947—3 Mos.—1946
$12,221,871
—
ordi¬
from
income
nary
140,205.760 119,781.295
128,172,071 125,854,794
115,102
income
communication)
owned
wholly
sales
Net
$
793,730
revenues
Deductions
(Incl.
Period End. June 30—
1947—8 Mos.—1946
$
Operating
22
for
charges-
Subs.)r-rEarnings
1947—6 Mos.—1946
$1,240,269
$186,078
$2,322,934
753
3,397
$1,241,022
198,758
$189,475
$2,324,180
165,308
"'$407,020
1,246
396,369
39,599
335,140
638,034
5,195
316,773
65,897
taxes
.
♦$401,825
charges
first
hearing on application of corpo¬
mortgage bonds, due 1977, at com¬
T
$667,525
$24,167
$1,223,880
♦$718,604
same
time will consider Wisconsin's proposal
Capital shares outstand.
486,656
486,656
Earnings per com. share
$1.37
$0.05
486,656
$2.51
486,656
stock to its parent, Standard
Gas & Electric Co., for $1,000,000 in cash.—V. 166, p. 1194.
ration
to
sell
$4,000,000
petitive bidding.
to
sell
100,000
a
,
The Commission
Government,
(less
1947
$3,040,155
1,981,242
x
_
sales
Selling,
5%
invested
$0.16
Willson Products, Inc.—Earningssix Months Ended June 30—
Net
absolved
been
280,845
280,794
$0:73
164, p. 3194; V. 162, p. 3123.
Deferred
consolidated
$46,888
28,085
$206,000
income
Patents,
$10,100,000
Company
land, at cost, $50,670,247; buildings,-leaseholds and equipment, at cost
(less reserves
for depreciation
and amortization, $58,196,737), $49,876,682; other assets, $5,42Q,001; total, $192,543,802.
collected
extent
an
taxable
retained
in
ning
$15,538,783; U. S. Govt, bonds, at cost or redemp¬
$2,429,418; accounts and notes receivable (net), $2,431,524;
and royalty advances, $1,694,187; inventories, $51,317,624;
current and working assets of subsidiaries operating in foreign terri¬
tories,
$3,686,045;
investments
in
affiliated
companies,
$9,279,291;
payable,
such
losses
and
from
date.
$10,100,000
be
and
value,
withheld' ind
deductions
t$3.98
stock split, these earnings per share
LIABILITIES—Dividends'
interest
sinking fund
mortgage 4'/2% income bonds,
tlncome* taxes are accrued
amount,
production
amounts
to
i.e., capital fund,
by the company pending adjudication of the suits
in the name of
the old parent corporations,
and former
stockholders. They intervened in the suit, claiming equity and a share
than $418,045 in
1947 and $373,528 in 1946 in respect of
properties charged to costs,
ton an adjusted basis to reflect
$4,041,413;
$2,2~5,824;
$2,036,030
The
maintenance
relieved
The
9,197,567
3 701,090
$2.60
ASSETS—Cash,
tion
'
$1,517,930
brought
♦Other
at
$433,220
57,*356
7,341,680
BALANCE SHEET,
433,725
purposes,
basis.
time
of
this
was
'
10,830,496
Coipmon shares outstanding
Earnings per common share
CONSOLIDATED
455,694
Liability Ruling—
that
At
On
Net
common
11,209
45,130
$2,612,810
142,921
433,858
contingent charges,
general
on
corporate
company
claims
14,000,000
8,304,143
the 2-for-l
$2,407,349
by the Internal Revenue Department of liability for income and excess
profits taxes for parts of the years 1943 and 1944.
'Zii
studio
$489,559
$506,233
return
income
19,134,639
Surplus for period
464,153
45,416
income
for
profit
754,442
204,248
for
50,000,
income
on
5,475
47,212
60,272
income
on
Purchased'good will, less amortization
Cr418,285
'
Dividends
'
—V.
2 882 033
_
income
61,002
$755,897
available
other
taxable
'679*,208
....
Minority interests' share of profit
Refund of foreign excess profits tax of prior
Reserve for contingencies^
Provision for goodwill purchased
Net
63,376,491
2,890,804
413,250
31,719
..♦Amortization and depreciation of properties...
800,156
$2,148,657
163,566
income
necessary to
20,692,871
7,930,394
_____
786,273
$1,652,907
$
4,251,615
sales of fixed assets
111,235
$428,557
charges
deferred
$
Costs and expenses—
Amortization
_
taxes
70,848
128,947
73,000
1,555
(Wm.) Wrigley, Jr., Co.—Earnings—
116,971 434
—
'•is■
$2,948,813
89,496
income
costs
dry-hole
rentals,
contingencies
Western Union Telegraph Co.—Earnings—
125,078,629
income
V
of
June 1 '46
$
rentals,
$2,439,180
deductions
solidated
Subs.)—Earnings-
^■Income—
$539,792
$592,3^1
income-
Journal.")—V.
Nine Months Ended—
Film
and
now
of
$681,827
income
lease
abandonments
for
Marketable
$6,081,632 t$7,935,420
"Representing pro rata amount
expenses
on
redemption of bonds
717,072
income
Total
Misc.
3,370,996
$£',147,004 $10,813,703
2,065,372
2 246 636
amortization
185,720
88,907
2,319,310
$8,291,328 $11,082,619
144,324
268,915
1
and
2,849,891
693,168
3,222,289
3,472,899
revenues
258,540
...
oper.
ry.
requirements
3,200,712
adjustments
taxes
operating
Other
1946
3,037,851
taxes...
176,000
894,299
1,018,540
651,472
1,163,126
115,489
31
3,237,901
income
$5,513,124
$547,122
$42,849,272 $40,634,119
20,893,835
17,117,421
Depreciation
of
22,892,107
$4,405,099
ity rents (net Dr)
♦Net
Maintenance
21,527,494
103,843
tax
operating
28l',606
$514,717
revenues
2,868,271
$1,002,728
Equipment & joint facil¬
$734 774
ENDED
$3,870,999 $25,932,593 $28,405,231
$1,013,472
other
All
$692,050
177,333
amortization
1947—8 Mos.—1946
2,705,852
151,801
119,488
Capital shares outstanding
Earnings per share
Other
239,160
1947
Federal
Ry. and Tidewater Southern Ry.]
$3,719,324
revenues—
2,323
Operation
Amort,
of
for
Provision
Net
119,790
124,215
expense
Nine Months Ended May 31—
ACCOUNT
INCOME
3947—Month—1946
oper.
♦Amount
Other
cost
1,575,436
122,802
labor
material,
depletion
leases,
$1,466,915;
oper.
223,237
292 657
a„__.
MONTHS
32,664,575
11,928,306
4,415,016
Period End. Aug. 31—
$694,373
12
40,249,38*6
15,826,968
4,440,060
Ry; Tax Accruals:
57,764
revenues
STATEMENT,
5,662,217
2,538,186
[Including Sacramento Northern
Income
income
Operating
and
Taxes, other than
Net
210 141
loss)
27,096,420
4,500,269
2,001,371
purchased,
LIABILITIES—Accounts
24,483,341
income—
oper.
1,484,276
taxes
(net
and
Depreciation
plant,
1—
railway
railway
2,487,489
products
services
Cancelled
$1,989,863
$3,228,811.
Only—
1944
4,291,968
1,392,936
513,939
Payroll
acquisition adjustments
INCOME
if
under
1945
5,015,371
1,783,656
363,350
CONSOLIDATED
Fixed
\
should have apwpeared
See V. 166, p. 1526.
1946
$3,601,099
922,308
400,266
income—
Jan.
From
Gross
297',325
income
oil,
and
ASSETS—Cash
586,006
railway-
oper.
1945
Balance
''
Co.
$3,465,451
969,487
railway
Net rev. from ry. opers.
259,600
plant
income
Interest
^
Co."
1947
from
Net
$617,305
1,962,430
258',897
Operating
Other
if:
Light
Electric
&
August—
Gross
$3,313,476
Other taxes
5
terms
last Monday's "Chronicle" under the heading
Western Pacific RR. Co.—Earnings of Co.
1947
Depreciation
it:
under
stockholders.
shares to North American
$3,740,531
revenues
Maintenance
sf:
Co.
'Power
Meanwhile,
North American Co. has received
application to surrender to its subsidiary, Wash¬
Ry.
Operation
ft
1.
receive
will
Stockholders
Electric
securities
Railway & Electric, its holdings of 51,827 shares of Wreco
in exchange for 2,073,113 common shares of Potomac Electric
North American proposes to distribute the Potomac Electric
be
1194.
p.
Crude
22,477
$3,249,552
-
Total
1947—2 Mos.—1946
Month of August—
j
of substantial volume.
cargoes
$1,967,385
12,652
Selling, general and administrative
Other
already
announced.
SEC approval of its
Virginia Electric & Power Co.—Earnings—
;
petroleum gases.
Besides Houston
at other
East Coast ports which
split
receive
610.
p.
Ry.
m:
a
facilities at its Norsworthy
permit the assembling and storing
to
1S46
$3,236,900
—
income
Dividends
Washington Railway & Electric Co.—Dissolved—
cover
Moon
on
the Delaware River,
supplement, not replace production facil¬
other
precessing plants located at Chicago
Sales
-
vessel,
cargo
two
enlarged
gallons of liquefied
the
ship will
stop
Newark
—V.
Virginia Dare Stores Corp.—September Sales—
i
dry
former
a
for
,
sufficient
a
will
company's
and Nashville,
111.,
from
Total
$1,117,852;
appropriation
Island, situated just south of Morrisville, Pa., on
,and served by a spur of the Pennsylvania RR.
'
call
immediately.
An
Mt'.
location
the
ship,
operated by this company.
will
has
also
tidewater
2,520,000
common
phosphorus compounds for use in
chemical industries. Initially, less than
The
be
,
have
manufacture
pharmaceutical, and
persons
start
will
will
schedule
Petroleum
(Houston)
ington
Victor Chemical Works—Locates New Plant—
bears.
and
regular
year.
The
Earns,
vessel
round trips a month
between Houston,
Texas, and Newark, N. J., at which latter port
Warren
has
under
construction
an
unloading terminal
capable of
receiving and storing 2,100,000 gallons of liquefied petroleum gases.
The
Newark
terminal is expected
to be in operation in November
$2,243,994
1,066,717
2,686
the
name
converted for
was
1947
services
Interest
ocean-going tank ship, ever designed to transport propane
liquefied petroleum gases—the "Natalie O." Warren"—was
christened on Oct. 11 at Beaumont, Texas, by Mrs. W. K. Warren,
and
income
Income
$4,767,369
,30,464
-
and
Miscellaneous
Provision
Ship Ready—
other
or
Warren
Net
Wilcox Oil Co.—Earningssix Months Ended June 30—
Sales
and
Warren Petroleum Co.—New Tank
expenses,
The
Period End. Aug. 31—
Total oper. revenues...
Oper.
Treasury notes of $11,195,066), $10,248,361; mortgages and contractual
obligations maturing within one year, $872,144; owing to affiliated
companies; $93,564; advance payments for film, deposits; etc.; $547,210;
current liabilities of subsidiaries operating in foreign territories (inch
$402,500 guaranteed by Warner Bros. Pictures, Inc.), $6,691,975; debt
maturing
after
one
year,
$21,133,245
deferred credits, $1,803,347.;
reserve for contingencies, $5,384,668; interest of minority stockholders
in
capital and surplys of subsidiary companies, $318,401; common
stock ($5 par), $37,010,900; capital surplus, $39,466,631; earned sur¬
plus, $51,904,998;' treasury stock (60,500 shares at cost), X)r$908,020;
total, $192,543,802.—V. 166, p. 1526.
1947
Monday, October 20,
CHRONICLE
FINANCIAL
&
directors,
and
'
u
COMMERCIAL
.
at the
shares
($10 par)
common
i.
•
Res.
for
Net
Fed.
profits
inc.
—
♦Loss.—V. 166, p.
1527.
-r:f
r»t-;
V,
Nil
Volume 166 * Number 4639
THE
COMMERCIAL
State and
&
FINANCIAL CHRONICLE
(1623)
,51
Cit^i Department
BOND PROPOSALS AND NEGOTIATIONS
ARKANSAS
The
Fort Smith, Ark.
'
;
Bond Sale—The $225,000 swim¬
ming pool bonds offered for sale
;
Oct.
on
9—v.
106, p. 1299—were
purchased by the W. R. Stephens
Investment Go., of Little Rock, at
bonds
less
than
be
sold
such terms that the
upon
will
for
than
for the
bid.
The
Riverside County, Alvord Sch. Dist.
(P. O. Riverside), Calif.
-:
less
no
and
Details—In
connec¬
terest
tion with the sale of the
$145,000
purchase said bonds.
Bond
Sale
school
bonds
the
to
Bank
of
Board
substantially the
Board
same
furnish
will
no
pay
the
bonds
sold
were
for
price
a
of
of
printed: bonds and' the unqualified
100.0Q6, a net interest cost
approving opinion of Rose, 2.122%, as-follows: $40,000 as l%s,
maturing .$8,000 on Nov. 1, from
Dobyns, Meek & House, of Little
1949 to 1953; $48,000 as 2s, matur¬
Rock. Enclose a certified check
ing $8,000 from 1954 to 1959; and
for $5,000, payable to the Board of
$57,000 as 2V4s, maturing on Nov.
apparatus bonds.
Trustees.
1, $8,000 from 1960 to 1965, and
Franklin County, Ozark Sch. Dist.
$9,000 in 1966. The bonds are ap¬
? No.
14 (P. O. Ozark), Ark.
CALIFORNIA
proved as to legality by O'Mel;
Bond Offering — Jeta Taylor,
veny & Myers, of Los Angeles.
Alameda County, Centerville
Secretary Board of Directors, will
sell
at
public
Nov. 3
auction
at
11
School
a.m.
issue of $35,000 3%
school bonds. Dated Oct. .1, 1947.
on
Interest
J-D.
Due Dec.
1, as fol¬
lows: $500 in 1949; $600 from 1950
to 1954; $700 from 1955 to 1958;
$2,000 in 1959 and 1960; $2,500
District
(P. O.
Bond Sale
to
J.
Barth
cisco.
Co., of San Fran¬
&
bids
The bonds
dated
are
Nov.
15, 1947. Interest M-N. Denomi¬
1966; $3,000 in 1967; nation $1,000. Due on Nov. 15, as
$3,200 in 1968, and $3,500 in 1969; follows: $5,000 from 1949 to
1959,
Expenses of the issue in excess of and $3,000 in 1960.
$300 will be paid by the pur¬
for
District (P. O.
payment prior to maturity in
inverse
order, in all
with accrued interest, as fol¬
cases
surplus in the build¬
ing fund, on any interest paying
date; from funds from any source,
price of 102
a
value
,1948; at
the dollar face
on
Dec.
on
1, 1947, and June 1,
price of 101 on the dol¬
a
lar face value
Bond
to
be
will
Nov.
on
consider
the
election
an
5
the
voters
issuance
Bond
000
Arkansas
(P.
O.
Fayetteville), Ark.
Offering—It is stated by
C. Carlson that the
Secretary T.
Board
of
sealed
bids
Hotel,
at
Little
Oct.
on
Trustees
28,
will
the
for
receive
Albert
Rock,
until
the
on
Dated
Dec.
1,
Dec.
build¬
coupon
1947.
1,
1949
Due
$10,000
in 1953
in
and 1973, $18,000 in
1976, and $19,000 in 1977,
Callable
for
redemption before
maturity, at the option of the
Board, in inverse numerical order,
on any interest
paying date after
1,
1953, at
interest,
from
and
par
accrued
available
any
to
of
Fayetteville,
holder,
or,
at
Arkansas,
the
office
of
the
bonds
will
be
obligations
only of the Board of Trustees and
will be payable from and secured
solely by
000
to
be
derived
from
rentals
of
the
dormitories
rooms
to
of
be
the
two
charged
students who occupy them, which
will
be
face
of
plainly
recited
the^ bonds.
they be
event
no
considered
the
State
are
pledged, ? and
or
the
on
lands
the
In
a
debt
which the faith and credit of
lien
or
State
any
of its
no
revenues
mortgage
dormitories
buildings
will
be
or
belonging
given
as
or
any
to
se¬
curity, which also will be plainly
recited
$90,-
on
the
face
of the
bonds.
27
for
Interest J-D.
Due
Dec.
on
authorized at
were
of
will
21
the
payable at the office of the County
Treasurer. A certified check for
5% of the bonds bid for, payable
to the Chairman Board of
Super¬
visors, is required.
an
Oct. 28 the
on
consider
At
—
the
issuance
bonds.
La
to
be
Habra,
held
Oct.
on
an
28
water
system
Los
election
the voters
$100,-
bonds.
Angeles
County, Fruitvale
School District (P. O.
Los Angeles), Calif.
Bonds
Voted
—
At
an
election
held recently the voters approved
the
issuance
of
$13,500
school
bonds.
Los
Angeles
County, Garvey
School District (P. O.
Los Angeles), Calif.
Bond
to
be
Election^*—At
held
on
Oct.
31
an
election
000
Election—At
000'sanitation
Bond Offering—L. E.
ized
an
Votefd
At
—
until
10
issue of
$85,000 sanitation
Denomination
as
held
on
proved
an
election
Sept. 30 the voters ap¬
issuance of $36,000
the
construction bonds.
authorized
Sanitation District (P. O.
Salinas), Calif.
Bonds Vbted — At an election
held on Sept. 30 the voters author¬
ized an issue of
$200,000 sanitation bonds.
for
at
the
are
the
•
interest
payment
after
par
interest
Treasurer's
office.
A
certified
of the abstract of the pro¬
ceedings with reference to this is¬
copy
will be furnished
sue
cost
to
free of any
purchaser of these
the
bonds, but
to
be
will
Nov.
consider
be furnished.
Enclose
check for
10%
Chairman
on Nov. 1, as fol¬
$15,000 from 1950 to
1952; $16,000 from 1953 to
1957; $18,000 from 1958 to
1962, and $22,000 from 1963
to 1967, all inclusive, optional
on
Nov. 1, 1957, or on any
election
an
the
voters
issuance
of
payment
after
par
No. 5 bonds.
terest
Sale
Details—It
that
the
is
$200,000
Tampa,
deemable
and
on
exceed
Dated
after
the
bid, payable to
Board
of Super-
visors-
1,
Bonds Voted
held
At
—
an
election
Sept. 30 the voters ap¬
proved the authorization of $120,000 water
bonds.
1, 1947, and
mature on Jan. 1, in 1948 to 1967.
Interest payable J-J.
COLORADO
No.
Kissimmee, Fla.
Certificate
(P.
District
sealed
Clerk,
bids
until
sold
was
Wheeler
exceed
bonds.
Due
Jan.
1949
1959
2%
p.m.
Santry,
$5,000
1962
recently
&
on
to
to
These bonds
July
1,
follows:
as
1958,
on
$50,000
$120,000
are
rate
County Treasurer.
an
Principal
and interest payable at the
of the
1947.
authorized at
May 5.
office
Bidders
required to specify the lowest
of
interest
and
to
Leedy,
1,
from
1949
to
date
fixed
These
ized
are
for
Sept. 23,
par
to
the
redemption.
the- bonds author¬
the
at
at
interest
election
held
on
1947.
Bidders shall state in their bids
of interest the bonds are
to
bear.
Principal and interest
water
and
Sale
sewer
cates offered
'
2V2S, at
a basis
1947-
certificates
a
price of
2.473%. Dated
be
Due
approved
as
serially from
1948
to
1.977 incl.
The second highest bid¬
der
John
was
Nuveen
Wheeler
National
issue, for 2% of the principal
of the
bonds, payable to
amount
Instruction, is
GEORGIA
&
Cedartown, Ga.
Bids
Rejected
ceived for the
&
Co.;
Alleman;
All
—
bids
bonds
offered
13—v. 166, p. 1529—were
Oct.
re¬
$200,000 2% school
improvement
on
re¬
jected.
The
legality by Caldwell, Marshall,
City.
each
certifi¬
Interest J-D.
will
Chase
subject to the approving
opinion of Chapman & Cutler, of
Chicago.
A certified
check for
on
as
the
be
$700,000
revenue
Sept. 29—v. 166,
p. 1299—were purchased by the
Florida National Bank, and the
Clyde C. Pierce Corp., both of
June
at
Bank, New York City. The bonds
required.
The
—
payable
shall
the Board .of Public
Ocala, Fla.
IDAHO
Kootenai County Indep. Sch. Dist.
No. 1 (P. O. Coeur
d'Alene),
Idaho
Bond
Sale Details—It is now
that the $100,000 construc¬
bonds sold some time ago,
stated
tion
purchased
by
the
Idaho
Compensation Company, as L%s,
at a price of 100.125, and mature
were
Thornton, Mohr & Co., jointly, for
$132,000 as 31/2s; $442,000 as 2%s,
on
1963, and $6,000 in 1964 to 1967.
$146,000
Polk
premium, if
as
3s, at 100.003.
County Consolidated
District
No.
4
(P.
Bartow), Fla.
Bond
to
be
will
Election—At
held
on
consider
Nov.
the
an
3
School
the
issuance
of
bids until
11
purchase
divided
as
will
receive
a.m.
of
on
Nov.
$975,000
follows:
*
follows:
$5,000
$4,000 in
in
1952
to
Township,
District
Bonds
sealed
Fire Protection
(P. O. Shirley), III.
Not
tion
held
did
pur¬
County Superintendent of Public
the
Dale
not
on
Voted—At
June
12
authorize
an
elec¬
an
the
voters
issue
of
$20,000 fire equipment bonds.
Du Page County Sch. Dist. No. 46
Offering—F. E. Brigham,
Instruction,
as
1951,
Interest payable F-A.
voters
County School Districts
(P. O. Bartow), Fla.
Bond
1,
to
ILLINOIS
election
chase bonds.
Polk
Aug.
1948
O.
$200,000 construction and site
1963,. all inclusive.
were
election held
and
of
Interest M*N.
Certificate
Oct.
Denomination $1,000;
1,
issue
certificates
Alleman, of Orlando,
May
on
incl.
receive
interest build¬
Dated
An
—
revenue
at par, as 3V4S. The certificate are
in the domination of
$1,000. Due
purchase of $1,100,000
Interest J-J.
from
will
4
thereafter
accrued
and
Colorado
O.
Springs), Colo.
Jr.,
Sale
$70,000 utility
Stubbs, Smith & Lombardo, and
County School District
11
Denomi¬
the rate
-
Leedy,
Paso
1, 1947.
date
and
dated Jan.
Trimble & Mitchell, of New York
on
Oct.
ment
by the Hillsboro
State Bank, of Plant City, as 2.90s,
at a
price of 100.01—v. 166, p.
to
Yreka, Calif.
No. 6, not to
interest bonds.
3V2%
1952; $7,000 from 1953 to
1957; $9,000 from 1958 to 1960;
$10,000 from 1961 to 1964, and
$11,000 from 1965 to 1967, all
inclusive, optional on Oct. 1,
1957, or on any interest pay¬
bonds purchased
1397—are
the
are
at the elec¬
to
re¬
July
These
in¬
for
nation $1,000. Due on Oct. 1,
as
follows: $5,000 from 1950
accrued interest.
par and
fixed
School District
as
are
date
on Sept.
30, 1947.®
150,000 Consolidated Special Tax
now
Palm
v.
—
accrued
tion held
3s, at a price of
166, p. 1397 — are
dated Jan. 1, 1947, and mature on
July 1, in 1948 to 1966. Bonds
100.009
the
to
date there¬
and
bonds authorized
River Special Tax Sch. Dist. No. 1
bonds sold to D. E. Arries & Co.,
of
at
redemption.
Hillsborough County Sch. Dists.
(P. O. Tampa), Fla.
certified1
a
of
Due
interest
Bond
the
are
at the elec¬
Oct.
on
$350,000
school
district
No.
2
bonds, and $125,000 school district
stated
re¬
lows:
3
the
in¬
for
School District No. 22, not to
exceed 3 % %
interest • bonds.
Dated Nov. 1, 1947,H Interest
County Sch. Dists. (P. O.
Titusville), Fla.
on
fixed
These
*
held
M-N.
Election—At
held
accrued
2, 1947.
325,000 Consolidated Special Tax
FLORIDA
Bond
bonds.
Interest
date there¬
and
date
bonds authorized
$10,000 fire bonds.
Brevard
to
demption.
Olathe Rural Fire District, Colo.
Bonds Voted—At a recent elec¬
tion the voters approved the issu¬
legal opinion will J Jacksonville,
no
at
terest
tion
election
Sept. 19. Principal and
payable at the County
on
from
Monterey County, Pajaro County
28
Due Dec. 15,
1948 to 1958,
$1,500 in 1959. These
held
County, Winton Sch. Dist.
ing
(P. O. Merced), Calif.
At
$500.
follows: $3,000 in
not to
Merced
—
Oct.
on
the purchase of $34,500 not to ex¬
ceed
4%
interest school bonds.
Interest J-D. Dated Dec. 15, 1947.
22 for the
Bonds Voted
a.m.
election
bonds.
.
building bonds was purchased re¬
cently
"by
Peters,
Writer
&
Christensen, of Denver.
of
1947:
Nov. 1, as fol¬
$15,000 from 1950 to
$30,000 from 1953 to
1962, and $31,000 from 1963
to 1967, all inclusive, optional
on
Nov. 1, 1957, or on any
'
ance
1,
on
1952;
required.
Hallowell,
Bond Offering—Dan F.
an
Oct. 4 the voters author¬
Due
3, not to
interest
lows:
School
2%
by the
3%%
Nov.
M-N.
Mesa County School District No. 19
(P. O. Grand Junction), Colo.
Bond Sale—An issue of
$70,000
County Clerk, will receive sealed
County, Homestead Sanitary
District (P. O. San Rafael),
on
bonds."
County, Timber Ele¬
mentary School District
(P. O. Ventura), Calif.
El
^ Calif.
election
an
Ventura
$293,-
Marin
exceed
Dated
A certified check for
Bond
school bonds.
Bonds
Sani¬
be held on Oct. 27 the voters
will consider the issuance of
$75,-
the voters
will consider the issuance of
Hueneme
to
bonds
Calif.
Election—At
will consider the issuance of
000
furnished
1956, at
and
Bond
School District No.
The approv¬
Interest payable J-J.
It is also stated that the $143,000
Brandon Special Tax Sch. Dist.
bids
Election
County,
O. Ventura),
Calif.
voters
$110,000 Oakley Union School
District
is
an
on Jan.
6, 1946. No
bids for less than par and accrued
interest.
Principal and interest
election
an
$540,Union High School
election to be held
voters
the
on
These bonds
voters
bonds.
Additional
held
shall
Oct.
on
Acalanes
specific pledge of the
a
revenues
for
held
at
Union National Bank, Little Rock.
Said
the
bonds.
Election—At
District
at the option of
the
be
be
District.
1, as follows: $4,000 from 1948 to
1957, and $3,000 from 1958 to 1972.
will consider the issuance of
funds. The bonds will be payable
at the office of the Treasurer of
the^ University
1, 1947.
Denomination $1,000.
election
an
28
1972
1974 to
Dec.
Oct.
on
in
to 1952, $11,000
to
1956, $12,000 in 1957 to 1959, $13,000
in
1960
to
1963, $14,000 in
1964 and 1965, $15,000 in 1966 to
1968, $16,000 in 1969 to 1971, $17,000
sewer
Bond
a.m.
purchase- of
follows:
as
Pike
11
$400,000 2%% dormitory
ings revenue, Series 1947
bonds.
Election—At
held
Contra Costa County Sch. Dists.
(P. O. Martinez), Calif.
to the District.
Bond
be
$500,000 Consolidated Special Tax
will
tary District (P.
send,
of
Dated Dec.
Creek, Calif.
to
University
Oct.
oil
the purchase of $85,000 not to ex¬
ceed
5%
interest school bonds.
Ventura
Butter
will consider the issuance of
Rock.
Enclose a
certified check for $1,000, payable
p.m.
bidder
maturing in 1957 to 1966,
The
bonds will be issued with the ap¬
Little
2
election.
proving opinion of Wallace Town-
of
of
refunding bonds. These
are
the bonds being offered for
sale on Nov. 10, subject to said
Dec. 1, 1948, and
on
will
election held
$275,000
interest paying date.
any
Election—At
held
June 1, 1949; and thereafter at
par
on
Anderson),
Calif.
numerical
lows: From
at
Anderson Cottonwood Irrigation
The bonds will be callable
until
the
ing legal opinion of Pershing, Bosworth, Dick & Dawson, of Denver,
Bond Offering — C. C. Eastin,
County Clerk, will receive sealed
on
from 1961 to
chaser.
County, Salida School
(P. O. Modesto), Calif.
District
The $58,000 school
Oct. 14 were sold
—
bonds offered
which
at
Stanislaus
Oakland), Calif.
an
above par and accrued in¬
terest, or the lowest rate of in¬
any,
'
America National Tfust & Savings
Association,- of San Fraftcisco, re¬
ported in our Sept. 6 issue—v.
2%% bonds at the price
166, p. 1398—we learn that the
receive
more
as
'The
following bonds aggre¬
$250,000, offered for sale
at the same time*—v. 166, p. 1299'
•U-were purchased by the City Na¬
tional Bank, of Fort Smith, at a
price of 101.10: $200,000 fire sta¬
tion construction, and $50,000 fire
/
not
The/ purchaser;
however, will have the privilege
of converting the issue into one
bearing a lower rate of interest
par.
gating
will
par.
(P.
Bonds
tion
O. Elmhurst), III.
Not
held,
on
Voted—At
Oct.
11
elec¬
an
the
voters
13 for
did
bonds,
$2,119,000 site purchase and
not
approve
struction bonds.
the
issuance
of
con¬
52
held
At
—
approved
Oct. 7 the voters
on
election
an
light plant
bonds.
the issuance of $25,000
extension and improvement
Will
County, Joliet Sch. Dist.
No. 86 (P. O. Joliet), III.
Bond
Offeiing
J.
—
Secretary Board of School Inspec¬
tors, will receive bids until 7.30
p.m. (CST) on Oct. 27 for the pur¬
chase of $390,000 working cash
fund coupon bonds. Dated Oct. 1,
1947. Interest J-J. Denomination
$1,000. Due on July 1, as follows;
$40,000 in 1958, and $50,000 from
1959 to 1965 inclusive.
Registerable
interest
purchaser by the Town. The next
highest bidder was Beyer-Rueffel
& Co., for lV4s, at 100.217.
No.
88
is calling for payment on
1, at the First National Bank
of Chicago, 4V2% refunding bonds,
Nos. 156 to 185, to the amount of
urer,
$30,000.
Denom. $1,000.
Dated
June 1, 1940. Due on Dec. 1, 1959.
INDIANA
Maricn
O.
(P.
County
Indianapolis), Ind.
Bond Offering—Ralph F. Moore,
a.m.
the
for
30
Oct.
on
(CST),
purchase of
10
until
bids
sealed
receive
will
Auditor,
County
$200,000 not to exceed 5% inter¬
elevation of 1947 bonds.
Gilmore
Nov.
Iowa
Voted
Due $10,000
1949 to
less than the
Denomination $1,000.
June and Dec. 15, from
en
for
bid
No
1958.
At
—
held
Sept.
on
the
approved
special
17
the
a
issuance
of
$200,000 construction bonds.
County (P. O. Jefferson),
Greene
Iowa
Sale—The $100,000
Bond
coun¬
bonds offered
1399—were
the
Iowa - Des
ty
public hospital
on
Oct.
6—v.
purchased
166,
by
p.
National Bank and Trust
Moines
Co., of Des Moines, as l%s, at a
price of 100.S51, a basis of 1.26%.
Dated Sept. 1, 1947. Interest M-N.
Due serially from 1948 to 1966 in¬
clusive.
The county will furnish
approving opinion of Chap¬
man
& Cutler, of Chicago.
The
second highest bidder was Carleton D. Beh Co., for 1V2S, at 100.93.
Ida
District
School
Grove
Ida
(P.
O.
Grove), Iowa
Voted—The
Bonds
issuance
of
Laurens, Icwa
(P.
the
theMfollowing.• first
of
sale
Indianapolis, as noted
p.
1300—it is now
the
bonds were
purchased by the said group at
Corp.,
par:
Iowa
election
the
Sept. 30 the voters auth¬
issue of $10,000 bonds,
$5,600 revenue bonds,
$4,400
4.,
i.
.
.
Arkansas
(P. O. Arkansas City), Kan.
Details
Sale
Bond
—
It
is
now
by the Clerk of the Board
Education
that
the
$350,000
stated
of
National
Bank, of Arkansas City, as noted
to 1960, incl.
here, were sold to the said bank
4.000,000 2M>% student dormitory at par, giving a net interest cost of
bonds. Due from Nov. 1, 1961 about 1.38%, on the bonds divided
to 1969, incl.
as
follows: $240,000 as lV4s, due
Dated Oct. 1, 1947. Interest pay¬ $24,000 from May 1, 1948 to 1957;
the remaining $110,000 as IV2S,
able M-N.
due $22,000 on May 1, in 1958 to
IOWA
1962. Interest payable M-N.
Ames, Iowa
Bond Offering
City
Clerk,
—
receive sealed
on Nov. 3 for the
bonds;
on
Dated
Nov.
Nov.
reve¬
1,
1947.
follows: $5,000
from
1948 to
1964, and $10,000
from 1965 to 1967.
Optional for
redemption
prior
to
maturity
upon terms of par and accrued in¬
terest
on
any
interest payment
date
on
or
1,
sewer
as
after Nov. 1, 1957..Bid¬
Ottawa Counties,
and
Joint
(P. O.
Glasco), Kan.
elec¬
an
Oct. 7 the voters did
on
not approve,
000
Voted—At
Not
Bonds
tion held
the issuance of $235,-
check, for
2%
of
Lawrence, Kan.
Details—In
connec¬
tion with the sale of the
$375,000
Sale
Bond
bonds to Beecroft, Cole &
&
Seltsam
the
amount of the bonds, is required.
Audukqn School
:
tystjict, Iowa
Bonds iVoteii—At.rgi^pe^ial elec¬
tion held
proved
on
flie
Oct.
7lfthe .voters ap¬
issuance
constructidn bonds;
of '
$200,000
•*
"
the
works
Co.,
both
Co., and
of Topeka,
1950 to
50.000
city
revenue
proposal, but no bond shall be
payable before July 1, 1949. Re¬
deemable at the option of the'City
in
whole or in part, in inverse
numerical order on any interest
payment date after 1967 at face
value, together with the following
premium: 2% if redeemed after
July 1, 1967, and prior to matur¬
ity; plus in each case accrued in¬
to the date of redemption.
Rate of interest to be in multiples
terest
of
of
y4
1%, and not more than
be named by each
shall
rate
one
The bonds will be award¬
bidder.
ed to the
highest qualified bidder
his bid in
who has submitted
with
cordance
The
the
notice
ac¬
sale.
will
bidder
successful
of
be
required to supply all legal pro¬
ceedings for the issuance of tnese
bidder
successful
The
bonds.
supply the approving opin¬
ion of
a
bond counsel of their
or
terest
and
storage
building, series E bonds; "Due
Feb; 1, $5,000 J frorh 1949
named
rate
be
by the bidder
Enclose
considered.
a
$2,500, payable
City.
1958
to
incl.
F-A.
•
'
:
1,
■'
'
1947.
•
-
'
■
Interest
'
'
1947.
Interest
$1,000.
Rate
specify three rates of interest to
be borne by the bonds
two
issues, but
of each of
said
specify
than
more
not
may
interest
one
Dodge, of Boston,
be furnished the purchaser.
MICHIGAN
Bond
National Bank
terable
to
as
bonds
will
of Towson.
Regis-
principal only. The
be
delivered
the
at
Invited—It
Tenders
_
iff.
stated by Homer R. Marson, Sec¬
of the
retary
that
Trustees
of
Board
said
the
will
Board
receive
offerings of the city's general ob¬
ligation
bonds, transit revenue
bonds, series A, and sewage dis¬
posal bonds in the amount of ap¬
proximately $2,600,000 up to 10>
a.m. (EST), on Oct. 22, 1947.
Of¬
ferings should show rate of inter¬
est, date of maturity, and yield
and will be accepted on the basis
of the highest net yield.
Offerings shall remain firm un¬
til 6 p.m. (EST), Oct. 22.
Garden City,
bonds. Principal and
payable at the Second
interest
will
&
rate for any
Voted
Bonds
held
the
Mich.
At
—
election:
an
Oct. 6 the voters approved
on
issuance
of
building
$25,000
bonds.
Court House in Towson, or in the
MINNESOTA
City of Baltimore. Delivery else¬
where
will
be
made
at
the
ex¬
Franklin, Minn.
of the Purchaser. The bonds
pense
legality by
George M. Berry, of Towson, and
by Niles, Barton, Morrow & Yost,
of
Baltimore.
for
2%
of
particular
which
certified
par
issue
value
of
check
of
the
bonds
for
bid
is submitted, payable
County Treasurer, is re¬
the
to
A
the
mature
$1,000
1967
to
terest
on
Jan. 1, from 1950
on any in¬
incl., callable
payment date.
Hennepin County School District
No. 52
Washington
(P. O. Minnetonka
Mills), Minn.
Suburban
Sanitary
District, Md.
main
$3,000,000 water
sewer
construction,
and
offered
1399
on
Oct.
6—v.
166,
purchased by a
syndicate
composed
of
Phelps,
Fenn & Co., of New York, R. S.
—
were
&
Offering—Sealed bids will
Bond
received
be
Bond Sale—The
bonds
of $18,000
hall bonds was sold re¬
cently to the Citizens State Bank,
of Fairfax, as 1V2S, at par, and
village
quired.
p.
Saie—An issue
Bond
will be approved as to
Co.,
of
Charlotte,
Paine, Webber, Jackson & Curtis,
Eldredge & Co., both of New
York,
Schoellkopf,
Hutton
&
LOUISIANA
t
1,
Denomination
Dickson
until
8
p.m.
on
Oct.
by Mrs. E. S. Batchelor, Dis¬
trict Clerk, for the purchase of
20,
$120,000
1, 1947.
building
coupon
Denomination
Due
bonds.
Dated Nov.
$1,000.
Nov. 1,
on
follows:
as
$6,000 in 1950 to 1955, and $7,000
in 1956 to 1967.
Bonds maturing
after
Nov.
being subject
1957,
1,
to redemption on and after said
Parish, Crowley Sch. Disl.
date at par and accrued interest.
No. 2 (P. O. Crowley), La.
Pomeroy,
of
Buffalo,
F.
W. Bidders are to specify the rate of
Bond Election—At an election Craigie & Co., of Richmond, Rey¬ interest in
multiples of V4 or 1/10
to be held in the near future the nolds & Co., Otis & Co., First of of 1%.
Principal and interest pay¬
voters will consider the issuance Michigan, Corp., all of New York, able at
any suitable bank or trust
of $500,000 construction bonds.
Commerce Trust Co., of Kansas
company, designated by the suc¬
City, Ira Haupt & Co., Donald cessful bidder. The district will
Alexandria Housing Authority, La. MacKinnon & Co., both of New furnish the
printed bonds and the
Acadia
receive
will
his
at
Kellam,
W.
Offering—C.
Note
Secretary,
sealed
221
Sunset
office
at
Alexandria, La., until 12
(CST), on Oct. 28 for the
purchase of $623,000 temporary
loan series 6 notes. Dated Nov. 18,
noon
payable on Nov. 30, 1948.
Proposals may be for all or any
part of said notes and separate
proposals will be required for
each part of said notes for which
a separate interest rate is bid. No
bid for less than $50,000 principal
York, Breed & Harrison, of Cin¬
cinnati, Ferris & Co., of Wash¬
ington, D. C., and Thomas & Co.,
approving legal opinion of Dorsey,
Colman, Barker, Scott & Barber,
of Minneapolis, both without cost
of
to
Pittsburgh, as 2.70s, at a price
a basis' of 2.696%. Dated
of
100.05,
Oct.
1,
1947.
Interest
serially from 1948 to
A-O.
1987
Due
incl.
University of Massachusetts
Offering—K. R. Hanchey,
Bond
ceive sealed bids until
18 for the
not
10
a.m.
4%
interest
Dec.
Dated
1,
1947.
$1,000.
Interest J-D. Denomination
Due
follows: $14,000
Dec. 1, as
on
on
purchase of $234,-
exceed
to
bonds.
school
will re¬
School Board,
1950; $15,000 in
1951
and
1952; $16,000 from 1953 to
1955; $17,000 in 1956 and 1957;
$18,000 in 1958 and 1959; $19,000
in 1960 and 1961; and $20,000 in
1949
1962.
able
and
interest pay¬
Principal and
at
Board
the
office
Treasurer
the
of
or
at
School
bank
any
specified by the purchaser. The
approving opinion of Chapman &
Cutler, of Chicago, will be fur¬
nished the purchaser without cost,
A certified check for $4,680 pay¬
able
to
the
the
of
Treasurer
issuance
$100;od0 building bonds
fied
by
the
voters
at
a
refunding
sale
on
were
Oct.
awarded to
posed
of
$2,000,000 cou¬
offered for
bonds
14—v.
a
Phelps,
166,
1400—
p.
syndicate
Fern
com¬
&
Stone & Webster Securities
Co.;
Corp.;
F, S. Moseley & Co.; Paine, Web¬
ber. Jackson & Curtis, all of New
The Building Association is a
non-profit corporation
and
the
bonds being offered today are se¬
cured by a lease between the As¬
sociation and the
York, and
to
yield from 0.75%
1.65%, according to maturity.
tc
Commonwealth
of Massachusetts
whereby the lat¬
ter agrees to pay to the Associa¬
tion annually, commencing Sept.
1. 1948, $24,500 during the life of
In the
est
on
the bonds is
exempt from
Federal income taxes. In addition
the
Attorney-General of the Com¬
an opin¬
of
Michigan
the Milwaukee Co., of
Milwaukee,
of
ICO 05, a
Dated Nov.
from Nov.
The
opinion of counsel, inter¬
Schoellkopf,
York;
Pomeroy,
the bonds.
1, 1948 to 1957, InclC
time—v.
bash
of
1
wealth
of
$2,COO,000
erected
through
this issue for the
the
use
to be
proceeds of
ans'
housing
Oct:
13—v.
bonds
166,
p.
offered on
1529—were
purchased by the Second National
follows:
housing
emergency
Due
These
1.29%.
as
$200,000 udrom
1, 1948 to 1957* incL,f0; ♦
500.0C0 public relief bdnds. Due
$50,000 from Nov.
1957, incl.
150,000
,
rati¬
about
divided
Nov.
Wellesley^: Mass..
Sale^The $127#C0 veter¬
are
bonds.
of the Uni¬
of Massachusetts.
of
I60, p. 1400—wfcre
also awarded to the above 'syndi-r
cate as 1.30s, at a price of 10(h053i
bends
building
bonds aggregating
$2 650,000, offered for sale at fthe
same
monwealth has rendered
the
as
1.30s, at a price
basis of about f.29%.
1, 1947. Due $200,000
coupon
ion that the lease.to the Common¬
recent
was
District
the
Hutton
&
Buffalo;
First
of
Corp., of New- York;
J. M. Dain & Co., of Minneapolis;
Reynolds
&
Co.;
Roosevelt 1 &
Cross; Laurence M. Marks & Co.;
Wm. E. Pollock & Co., all of New
orices
Bond
a
offered
Sale—The
pon
of
Massachusetts
is
a
binding obligation upon the State
Rapides Parish, Tioga Sch. Dist.
(P. O. Alexandria), La.
Voted—The
are
the
accompany
Minneapolis, Minn.
Bond
versity
School Board, is required.
Bonds
inclusive,
to
must
bid.
Bonds Offered for Investment—
1967,
No bid fpfjess
payable
Treasurer,
MASSACHUSETTS
Smith, Barney & Co., and W. E.
Hutton
&
Co., are offering for
general investment a new issue of
amount of said notes or for less
$400,000 1%% University of Mas¬
than par and accrued interest.
sachusetts
Building
Association
The
Beauregard Parish Sch. Dist. No. 3 bonds, dated Oct. 1, 1917.
bonds, due serially Oct. 1, 1948 tc
(P. O. De Ridder), La.
Secretary
th,e purchaser.
thali par and accrued interest will
be considered.
A $4,000 certified
check,
1947,
on
Dated' Dec.
Nov.
Thorndike,
Storey,
of
Palmer
1,
Due serially
The approving
1948 to 1950.
opinion
coupon
Nov. 1, as fol¬
of interest must be in multiples of
Vs or 1/10 of 1%. Bidders may
bid for less than
value of said bonds at the in¬
par
will
Dated
M-N.
No
conditional bid
school
on
$33,000 from 1948
1976, and $43,000 in 1977.
own
cost to the City.
no
1S58 incl.
garage
public
follows:
as
to
from
Detroit, Mich.
1,000,000 public road and bridge
coupon bonds. Due on Nov. 1,
water
bonds. Dated Oct.
Dated Nov.
Interest M-N.
1947.
interest coupon
$143,000 from 1948 to
1976, and $153,000 in 1977.
interest
3V2%
1, 1947. Interest J-J. Denomina¬
$1,000. Maturity dates to be
set by the successful bidder and
shown in the successful bidder's
in
building bonds.
specify the rate of in¬ jointly, as IV4S, at 100.852, re¬
terest, but no award will be made ported in our Oct. 6 issue—v. 166,
on
any bid of less than par and p. 1399—we learn that the bonds
accrued
interest.
Principal and were sold at a net income basis
interest payable at the office of of 1.105%, and mature as follows:
the City Treasurer.
The approv¬ $325,000 fire and police, series D
ing opinion of Chapman & Cut¬
bonds.
Due on Feb. 1, $28,ler, of Chicago, will be furnished.
000 in 1949, and $33,000 from
certified
receive
Oct. 24
purchase of $150,000 not
basis of 0.862%.
a
follows:
as
$4,300,000
OfferingsJames F. Mont¬
exceed
to
000
ders should
A
Bond
gomery, City Clerk, will
sealed bids until 8 p.m. on
Nov.
District
School
J. W. Prather,
purchase of $115,000
nue
Cloud
Home
the
by
will
bids until 5 p.m.
Due
chased
bonds
lows:
Drive,
City School District
not to exceed 4%
bonds. Due
bids
KANSAS
construction bonds that were pur¬
$2,500,000 214% student dormitory
bonds. Due from Nov. 1, 1951
1, in 1968 and 1969.
Clerk of Board of County
Commissioners, will receive sealed
bids until 11 a.m. (EST) on Nov.
5 for the purchase of $5,300,000
Chief
Columbia, Ky.
obligation
general
....
bonds.
166,
that
30
an
follows:
of
reported
special
the
a
Sept.
Voted—At
on
and
mortgage of 1947 bonds aggregat¬
ing $6,500,000, to the syndicate
headed^by the * City
Securities
here—v.
At
—
on
Stockton,
Bonds
as
Paid—In connection with
held
approved
orized
Bloomington), Ind.
O.
Price
Dec.
on
to the
the issuance of
$300,000 municipal plant and dis¬
tribution system revenue bonds.
voters
held
University
Voted
Bonds
election
payable to the Board of Commis¬
sioners, is required.
Trustees of Indiana
Due
1947. Interest J-D.
1,
certified check for
value of said bonds, plus ac¬
delivery,
the interest rate named in the
Ross, McCord, Ice & Miller, of
Indianapolis. A certified check for
3% of the par value of the bonds,
Dec.
Dated
choice, at
$30,000 garage construction bonds
is said to have been approved by
the voters at a recent election.
crued interest to date of
bid,
will
be
considered.
The;
County will furnish the opinion of
purchased by Stein Bros. &
Boyce, of Louisville, as 3s, at a
price of 104.177, a basis of 2.461%.
shall
par
at
on
were
the
1947. Interest J-D.
1,
refunding bonds of¬
Oct. 13—v. 166, p. 1529—
County (P. O.
Towson)," Old.
Offering—James G. Selfe,
Bond
road
$11,500
Bank, of Boston, as Is, at 100.335,
Baltimore
tion
City Indep. Sch. Dist.,
Bonds
est track
Dated
$100,000
swimming pool bonds.
Schaefer, School Treas¬
Dec.
elec¬
an
Oct. 6 the voters did
on
that
stated
is
Call—It
Bond
Walter C.
Voted—At
Not
not authorize an issue of
voters
Sch. Dist.
(P. O. Elmhurst), III.
fered
Monday, October 20, 1947
MARYLAND
-
bridge
for
Eldora, Iowa
tified check for
Community High
Sale—The
Bond
and
ing opinion of Chapman & Cutler,
of Chicago, to be furnished the
election
York
of
The approv¬
the Town Treasurer.
bids will then be received. A cer¬
$1,000 is required.
at the office
payable
CHRONICLE
(P. O,
Princeton), Ky.
13
1, from 1948
Principal and
$1,000 on Nov.
1959 inclusive.
to
principal only.
The
approving opinion tion held
Principal and interest payable in
Chicago.
Sealed
bids may be
submitted to be opened
at the
hour
stated.
Supplemental oral
Oct.
on
purchased by the State Sav¬
ings Bank of Baxter, as iy4s, at a
price of 101.25, a basis of 1.05%.
Dated Sept. 1, 1947. Interest M-N.
and the
bonds
of Chapman & Cutler, of Chicago,
to be furnished by the purchaser.
offered
FINANCIAL
Caldwell County
were
Bonds
to
as
The $12,000 water
—
bonds
works
Due
Skeel,
G.
Bond Sale
&
KENTUCKY
Baxter, Iowa
Freeburg, III.
Voted
Bonds
COMMERCIAL
THE
(1624)
auditorium
1,
1948 to
bonds.
$15,OOO from Nov,oh
,..1957, -incl.
....
Due
'.|-r
Additional Sale—The $1,300,0006
emergency
school
bonds
offeree}
'Volume 166
Oct.
on
Number 4639
14—v.
166,
THE
1530—were
p.
MONTANA
•awarded to a group 6f Minrieap*olis
St.
and
Bond
will
be
of)
bids
Sealed
—
group
& Co. Inc., offering 100.047 for
$2,000,000 as 1.30s, the $2,650,000
1.30s, at a price of 100.049, and
the remaining $1
300,000 as 1.10s,
at a price of 100.038.
received
by the Clerk
County Examiners,
St.
-
United
Park.
Louis
Warrant
Park, Minn.
Offering
held
Joseph
—
Justad, Village Clerk, will receive
issued
subject
the
1949; $16,000 from 1950 to 1959,
and $7,000 in 1960. The
approving
South St.
Bond
will
in
November
consider
the
be
the
to
of
bonds
water
$149,-
extension
and
understand that
cently
declared
water
bonds
void
that
MISSISSIPPI
At
an
Bonds
election
Oct. 7 the voters approved
issuance
of
$70,000 county
held
on
the
the
hospital bonds.
Voted
Bonds
.
Not
(P. O. Columbia),
tion held
on
elec¬
an
—were
Oct. 7 the voters did
Oct. 13—v. 166, p. 1530
purchased
Trust Co., of
not approve the issuance of $500,-
2V4S,
<000
bonds
bonds,
on
follows:
The
$65,000 water
improvement
bonds
—
department
offered
Voted—At
at
Lincoln,
price
a
by
of
the
First
inclusive.
of
authorized at
Kennett, Mo.
by
Oct.
on
7
purchased
composed of the
election
held
syndicate
a
Commerce
Baum
Trust
Co., George K.
Co., and Stern Bros. &
&
Co., all of Kansas City, at a price
of 100.029, a net interest cost of
1.224%, as follows: for $127,000
sls
2V8S, maturing on March 1,
$10,000 in 1949; $12,000 in 1950;
$14,000 in 1951; $11,000 in 1952;
$13,000 in 1953 and 1954; $12,000
in 1955; $14,000 from 1956 to
1958;
$15,000 as 2s, maturing on March
1, 1949; $30,000 as 2V8S, maturing
on
1961;
water
1, $14,000 1960; $16,000
$16,000 as 2s, maturing
on March
1, 1962, and $106,000 as
2V8s, maturing on March 1, $17,<000 in
1963
and
1964, and $24,000
from 1965 to 1967 incl. Interest
M-S. Dated Oct. 1, 1947. The City
will furnish the legal opinion of
Charles
&
Louis.!.
St.
Trauernicht,
St.
of
.
Joseph School District, Mo.
Bond
Offering—R. V. Blomfield,
Board
of
Education,
receive
sealed
bids
until
Secretary
will
7:3.0
p.m.
on
Dec.
8
for
the
pur¬
an
issue
be
Bonds
lowing
bonds
of
must
state
in
their
bids
the bonds
tiple of
are
%
of
to
which
bear, in
1%.
a
mul¬
Principal and
interest payable at the
Guaranty
Trust Co., New York. No bid will
be accepted for less than the
tire amount
en¬
by the voters at an elec¬
tion scheduled for Oct.
28, accord¬
ing to report.
NEW HAMPSHIRE
Sale—The
payable to
District, is required.
par
the
revenue
1959
to
1963
to
1967
to
incl.;
incl.;
1969
incl.;
1972
incl.;
1976
incl.;
to 1981 incl.,
a
1959
price of
of par.
Dated
July
1,
1947.
Denom.
Principal
and
interest
(J-J) payable at the First Na¬
tional Bank, Toms River, or at
Marine
New
Midland
Trust
Co.,
Legality to be ap¬
Caldwell,
Marshall,
York.
proved
Oct. 13—v. 166, p. 1530
—were
purchased by the Second
National Bank, of Boston, as
1V4S,
at a price of
100.134, a basis of
1.23%. Dated Oct. 1, 1947. Inter¬
Due
serially from 1948
to 1957, inclusive. The
legal opin¬
ion of Storey,
Thorndike, Palmer
& Dodge, of
Boston, will be fur¬
nished the purchaser.
highest
Weeks
bidder
&
for
Whiting.
114s, at
NEW JERSEY
Cliff side
State
of
Sewerage
Authorities
School
Millburn),
Bond Sale—The
bonds
offered
1400—were
Park, N. J.
as
11/2s,
at
Dufe
1966,
order
Van
1948 to
Oct.
on
1957 inclusive.
Due
Oct.
on
from
1
or
in
of
part in the in¬
numbers
Oct.
Ingen
&
166,
Bo¬
at
par
a
taking
price
1.467%.
of
$349,000
100.297,
Dated
Sept.
serially from
inclusive.
a
1,
1949
to
Interest
M-S.
Principal and interest payable at
the First National
burn.
The
Hawkins,
New York
Bank, of Mill-
approving
Delafield
&
opinion
of
Miller &
Wood,
of
the purchaser.
inclusive.
Glenville Fire District No. 6, Nr Y.
Bond Sale—An issue of
$6,150
was sold to the
Schenectady
Co., of Schenectady, as 1V2S,
at
price of par,
a
000 series B
follows: $3,-
as
bonds; $2,750 series C
bonds; $400 series A bonds.
Mamaroneck,
Note
Sale—The
N.
Y.
issue
of
$217,—
000 tax anticipation notes offered
Oct. 15 — v. 166, p. 1530 — was
awarded to the
County Trust Co.,
Plains, at an interest
White
rate of 0.74%. The notes
dated
are
Oct.
17, 1947 and mature
20, 1948.
Ocean Beach, N.
May
on
Y.
Sale—The $57,000 coupon
registered
sewer
treatment
plant bonds offered Oct. 16 were
awarded
to
Roosevelt
&
Cross,
Tilney & Co., both of New
York, jointly, as 3V4S, at a price
of 100.201, a basis of about 3.226%.
and
The bonds
Teaneck
Township School District
Teaneck), N. J.
(P. O.
Bond Election—The issuance of
$350,000
construction bonds will
be .considered by the voters at an
election scheduled for Nov. 18.
inclusive, and $3.C00 from 1951 to
Principal and in¬
(F-A) payable at the South
Shore
tre.
Bond
Offering Planned
—
The
offering in
November of $1,445,000 bonds, as
follows:
$725,000 veterans' per¬
manent housing bonds;
$529,000
general improvement bonds;
$191,000 water works bonds.
an
Note Sale—An issue of
water
works
bond
$141,000
anticipation
notes was
sold
recently to the
Trenton Trust Co., at 0.395%. The
notes are dated Oct. 9, 1947. Due
011 Dec.
18, 1947.
NEW
Albuquerque, N. Mex.
Oct.
on
At
7
the
Co..
other
Rockville
bid
Cen¬
submit¬
was
com¬
posed of Chas. E. Weigold & Co.,
and
George B. Gibbons & Co.,
Inc., offering 100.28 for 3.40s.
Pittsford,
Perintcn,
Mend on,
Henrietta and Victor, Central
School District No. 1 (P. O.
Pittsford), N. Y.
Bond Sale—The $119,000 school
bonds offered on Oct. 6—v. 166,
p.
1401—were purchased by the
Security Trust Co., of Syracuse, as
1.20s, at par. Dated Nov. 1, 1947.
Interest
bidder
M-N.
was
iy4s, at
•
f
'
i
Due
serially from
election
an
voters
ap¬
The next highest
Roosevelt & Cross, for
100.11.
•
;
Potsdam
m.
•;
0\'
»,
and
Norfolk
'
?
.
Union
School District No.
Free
1
(P. O.
Norwood), N. Y.
Bond Sale—The $12,400 build¬
ing bonds offered on Sept. 29—v.
166, p. 1302—were purchased by
the
State
bonds
Bank
of Norwood.
dated Nov.
are
terest M-N.
Due
The
1, 1947.
serially
on
In¬
Nov.
1, from 1948 to 1956 incl. Prin¬
cipal and interest payable at the
State Bank
MEXICO
—
Trust
One
ted for the issue, an account
1948 to 1957 incl.
Trenton, N. J.
city plans to make
dated Aug. 1, 1947.
are
Denom. $1,000. Due on Aug. 1, as
follows: $2,000 from 1948 to 1950
Co., jointly, 100.148.
of
Norwood.
Triborough
Bridge
and
Tunnel
Authority (P. O. New York), N. Y.
$115,000,000 Bond Issue Set for
Two
000,000 in bonds will be floated
by the above Authority, it was
stated recently, to help pay for
construction of the Brooklyn-Bat¬
tery Tunnel, still unfinished, and
the Queens Midtown Tunnel.
bonds:
Amityville, N.
Bond
Election
voters
will
011
consider
$35,000
of
$115,-
Of the $115,000,000 total, $32,000,000 will be set aside to financ-:
on
the
Brooklyn-Battery
tube, which is onected will not
a
special
The
remainder,
Oct. 28 the
the
issuance
playground
purchase
a
total of $83,-
000,000, will be used to
Reconstruction
Finance
repay
the
Corpora¬
tion money now owed for the two
Bonds
held
Not
on
Voted—At
Sept.
did not authorize
an
elec¬
18 the voters
issue of $1,-
tunnels—$44,000,000 for the Bat¬
tery
tube
and
George
ager
Spargo,
the
of
Cheektowago Union Free Sch. Dist.
No, 3 (Buffalo), N.Y.
ceived for the
Oct. 13—v.
general
Authority,
Board of Estimate
Rejected
$39,000,000
for
Queens Midtown.
man¬
an
200,000 construction bonds.
jected.
issue
be completed until the fall of 1949.
Cambridge, Central Sch. Dist.
(P. O. Cambridge), N. Y.
tion
Tunnels—An
work
Yt
At
—
election to be held
Bids
City, will be furnished
1953
highest bidder was Tilney
Co., for 2.10s, at 100.016. /
&
Co., Inc., Fidelity
Co., Newark, Camp¬
bell, Phelps & Co., and MacBride,
«
6—v.
to
1967 inclusive.
dated Oct.
are
NEW YORK
J.
1948
second
Unioa Trust
$350,000 school
purchased by
on
jointly,
1947.
verse
1, from
inclusive.
bonds. Due
the bonds
O.
MacBridge, Miller & Co., of
Newark,
$67,000 not to exceed 6%" interest
emergency
housing
coupon
or
registered bonds. Dated Sept. 1,
whole
Oct.
on
Among other bids were
following offers for 2V2S: J. S.
Ripple & Co., Coffin & Burr,
Campbell & Co., and F. R. Cole &
Co., jointly, price of 100.159; B. J.
of
of
a
Oct.
on
bonds.
basis
Interest M-S. Denomination
from
Bond
1947.
land, Saffin & Co., of New York,
receive sealed bids until 8:30
p.m.
on
Oct. 27 for the purchase of
as
N.
(P.
.
Legality to be approved by Fred¬
erick H. Stang, of Kingston.
The
from
$400,000 sanitary sewer bonds.
237,000 storm sewer bonds.
125,000 sewage disposal bonds.
100,000 fire protection bonds.
70,000 street opening bonds.
30,000 parks bonds.
Law
Long Beach
District
pur¬
ing
Township.
Millburn
were
—
proved the issuance of the follow¬
1946, to construct and operate
sewerage system in
a
1530
p.
a price of par. Dated Nov.
1, 1947. Interest M-N. Due on Nov.
terest
All of
and
Offering
—
Arthur
Abrams, Borough Clerk, will
1947.
1957
to
Bonds Voted
The Authority was incor¬
porated July 18, 1946, under the
p.
H.
1
1948 to 1956 inclusive.
held
City.
The second
was
Stubbs,
by
100.049.
<
Due
A bonds.
to
Trimble & Mitchell of New York
■
Oct.
on
166,
v.
—
im¬
Oct.
on
1.90s, at
inclusive.
33,000 emergency housing, series
1962
1966
offered
A-O.
Due
1960
sewer
3s:
as
$85,000
im¬
provement and equipment bonds
$7,000 in 1950 to 1957. Redeemable
for" $2,500
than
sewer
104; from July
1963, at 103; from
July 1, 1964 to 1968, at 102;
from July 1, 1969 to 1973, at
101, and thereafter at a price
the
Portsmouth, N. H.
est
from
1
$1,000.
check
less
$1,100,000
1,
sidered
$1,000. Due Sept. 1, as follows:
$5,000 in 1948, $6,000 in 1949 and
at
account
July 1, from 1953 to 1958 incl.,
con¬
value of the bonds. A Treasurer's
or
An
350,000 sinking fund bonds. Due
July 1, 1986.
Callable from
Bond Election—The issuance of
a
all
—
$25,000,
1970 to
$30,000, 1973 to
$35,000 from 1977
elec¬
Bond
interest
of
Purchased
at
on
Oct.
on
1948 to 1957 inclusive.
1 from
1,
Sewerage Authority,
Jersey
$10,000,
$41,000
will be
to
B bonds.
$125,-
incl.
an
Due
41,000 emergency housing, series
voters
bonds.
$15,000,
$20,000,
Stanton), Neb.
$80,000 refunding coupon
bonds. Dated Feb. 1, 1948. Denom.
$1,000. Due on Feb. 1, 1968. Bid¬
ders
the
1953
$6,000
or
election
a
28
to
1960 inclusive.
1 from
at
$750,000 serial bonds, due July 1:
$5,000 from 1955 to 1958 incl.;
system bonds.
Bond
At
—
Oct.
on
1948
56,000 school bonds. Due
J.
composed of Allen & Co., and Bo¬
land, Saffin & Co., both of New
York, purchased in July the fol¬
on
chase of
single rate
Election
held
construction
Stanton School District
(P. O.
$225,000 school bonds
1948
The
New
recently the voters did
authorize
March
in
not
held
13
of
D bonds.
approving opinion
and_$40,000 from 1982 to 1986
Bonds Not Voted—At
tion
from
Due
The
—
chased by the State of New York
Bank
of
Kingston, as
58,000 emergency housing, series
1954
1948
Bond
to
McCool, Neb.
t
to
Township School District
(P. O. Lakewood), N. J.
12.
$294,000 bonds
were
The
1948
Jackson
'
Bond Sale—The
from
highest bidder was B.
Ingen & Co., for 1.60s,
The
bonds.
Aug.
1
bonds.
Sale
■,
York
National
con¬
65,000 emergency housing, series
40,000
due in 20 years, option¬
al after 5 years.
The bonds were
offered
1
furnished the purchaser.
are
an
Sale
par.
Bond
as
inclusive.
of¬
Hawkins, Delafield & Wood, to
be
l%s and
as
100.307.
$450,000
hospital bonds; $50,000 equipment
as
bonds
Oct.
on
$87,000 street
sewer
6—v.
Oct.
on
Long Beach
Lexington, Neb.
Sale
price of
a
1948 to
election
an
hospital bonds.
Missouri
Amboy,
the
Oct. 7 the voters approved
issuance
of
$50,00(1 county
Bond
County,
Oct.
on
The
—
and
on
MISSOURI
Boone
At
—
Amboy, N. J.
Sale—The $362,000 bonds
16—v. 166, p. 1530—
were awarded
to the First Bank
& Trust Co., of Perth
(P. O. Port Ewen),
provement bonds offered
bonds
Oct.
13
New
Trust
Bond
offered
C bonds.
000
County (P. O.
Kimball), Neb.
an¬
fering is to be made later.
$69,000 improvement
will consider the issuance of
Kimball
County (P. O.
—
held
Clerk,
$43,bonds,
Perth
No.
1
Cancelled—William
Borough
& Co., of New
approved
election
Aug. 26.
on
Prentiss), Miss.
Voted
were
an
opera¬
scheduled for Oct. 13—v.
166, p.
1530—has been called off.
Reof-
100.05.
ruling re¬
the $50,000
$236,000
that the sale of the
water
improvement
000
We
—
court
a
Halsey,
2.10s, at
second
Nullified
by the voters at
Bonds
A
Fairview, N. J.
Rock, Neb.
Issue
toward
Ridge, N. J.
Sale
were
election
an
notes
5
Esopus Common School District
sisted of:
fered
follows:
as
system
Guide
Bond
elec¬
an
recently the voters did
not approve the issuance of the
$75,000 recreation center bonds.
held
purchaser.
for $1,340 payable
Borough, is required.
Bond Sale
extension bonds.
sewer
held
Jefferson Davis
the
check
Due
Election—At
Wadena, Minn.
tion
bonds,
legally bind¬
of the City, will
furnished
certified
assessment
improvement bonJs, $25 000 park
improvement bonds, and $25,000
voters
issuance
Voted—At
the
valid and
are
obligations
Van
Not
for
state
Bond
166, p. 1400—
purchased by Boland, Saffin
York, as 1.60s, at a
price of 100.08, a basis of 1.576%.
Dated Oct. 1, 1947. Interest A-O.
000
$145,000 tower construction bonds.
Bonds
bid
pro¬
$198,000
general
the
Park
con¬
to be held in November the voters
will
consider
the
issuance
of
Paul, Minn.
Election—At the
election
amount
State
Gering, Neb.
Bond
the
tion, financing the balance from
the capital improvement fund.
which
ing
NEBRASKA
opinion of Dorsey, Coleman,
Barker, Scott & Barber, of Min¬
neapolis, will be furnished.
of
nounces
$4,000
in.
be
temporary
cost
D.
bonds
approving
payable
to
the
Treasurer, is required.
Cliff side
will
in
the
opinion of Hawkins, Delafield, &
Wood, of New York City/ that the
election
$40,000
Bank,
proposal
legally acceptable
Each proposal must
New York City. A certified check
rants. Dated Nov.
15, 1947. In¬
terest M-N. Denomination
$1,000.
Due on Nov. 15, as follows:
Prin¬
any
the
opinion of Mitchell & Pershing, of
war¬
bonds.
which shall be not less than $67^000 nor more than $68,000. The
multiple of %
to
National
posal.
November, 1946. Rate of
a
the
50%
in
1/10 of 1%. The bonds will be
or
sealed bids until 8 p.m. on Oct. 27
for the purchase of
$171,000 not
to exceed 3% interest sewer
in
interest to be in
of
up its plans to issue $116,000 pav¬
ing project bonds, the officials
having decided instead to issue
specifies a
rate
higher than the lowest rate stated
State Treasurer,
an
all
No
sidered
at the fiscal agent of the State
in New York City. These bonds
at
for
same
or
authorized
of
cipal and interest payable at the
whole or in part on Dec. 1,
1952, at par plus accrued interest.
Registerable as to principal only.
Principal and interest payable at
were
issue
$75,000. Rate
of interest to be in
multiples of
% or 1/20 of 1%, and must be the
in
the office of the
(1625)
acprued
authorized
$1,000. Due $200,000 on Dec. 1, from 1948 to 1957
incl. Subject to redemption, either
650,000 bonds reoffered them for
public subscription at prices to
yield; from 0.75% to 1.30%, ac¬
cording to maturity.
CHRONICLE
interest payment date there¬
after. These bond
are/part of an
Denomination
Bonds Offered for Investment—
The successful bidders for the
$4,~
FINANCIAL
any
pital for the insane coupon bonds.
Dated Dec. 1, 1947. Interest J-D.
as
&
interest to date of
Ocean City, N. J.
redemption, at the option of the
Note Issuance Contemplated—It
Borough on Sept. 1, 1952, or on
is reported that the
city has given
for the purchase of $2,000,000 not
to exceed 4% interest state hos¬
Runner-up in the bidding was
headed by Halsey, Stuart
a
Offering
State Board of
Nov. 1, 1948.
on
and
Montana '(State
Paul
bonks, as 1.10s,
at a price of 100.015, a basis of
about 1.08%. Dated Nov. 1, 1947.
Due
COMMERCIAL
-r-
All
bids
000
that
told
a
the
$3,000,-
parking garage is planned for
tunnel property cn Rector Street,
re¬
$695,000 offered on
166, p. 1530—were re¬
downtown
the
city
$23,000
Manhattan, for which
may
a
receive
year.
as
much
as
54
'
~V<>
».
*
^
V
'
;
'
•
'
16
.bonds ottered
sewer
.on,.
Oct,
166, p. 1530 — were pur¬
chased by R. S. Dickson & Co., of
Charlotte, at a price of 100.062, a
net interest cost of 2.046%, as fol¬
v.
—
lows: for
$37,000 as l%s, matur¬
ing on April .1, $3,000 from 1950
to*'1956; $4,000 from 1957 to 1960;
$35,000 as 2s, matiifing on April
I, >4,000 in 1961; $5,000 in 1962
ana 1963; $7,000 from 1964 to 1966,
uA $28,000 as2y4s, maturing on:
i>lil 1, $7,000 from 1967 to 1970,
inclusive.
an
Dated Oct. 1, 1947..'
later est A-O.. Legality, to, .be ap¬
proved by Mitchell & Pershing, of
new York City.
Drexel, N. C.
Bond Sale — The $10,000 street
improvement
Oct. 13
v.
—
offered
bonds
166,
1530
p.
—
on
were
purchased by the First National
Bank, of Morgantown, *as 2s, at a
price of 100.20, a basis of 1.956%.
bated Aug* 1, 1947/ Interest F-A.
Due serially from 1949 to 195.7 in¬
clusive.
The approving opinion
of Mitchell & Pershing, of New
Y oik City to be furnished the pur¬
The
chaser.
der
second highest bid¬
R. S. Dickson &
was
Co., for
2y4s, at 100.112.
Harnett
County (P. O. Lillington),
North Carolina
Offering—W.
Bond
Easter-
E.
ling, Secretary Local Government
Commission, will receive sealed
bias at his office in Raleigh, until
li a.m. on Oct. 21 for the purchase
$231,000 not to exceed 6% in¬
school building; series A
ox
terest
bonds. Dated Nov. 1, 1947.
Denomination $1,000. Due on May
1, as follows: $7,000 from 1949 to
1951, $9,000 in 1952, $13,000 in
1953, $12,000 in 1954, $10,000 from
1955 to
1968, and $12,000 from
1969 to 1971. Principal and inter¬
est payable in New York City. The
bonds are registerable as to prin¬
cipal only, and will be delivered
on or about Nov. 12,
1947, Bidders
are requested to name the interest
rate or rates in multiples of 14
Each bid may name
1%.
for
ate
must
part
bid
be
one
of the
secutive
for
bonds
maturities.
of
The
the
purchase
to
lowest
the
interest
Wilson
County (P, O, Wilson),
North
Carolina
Bond Election—rAt
to
held
be
6
Dec.
on
an
bonds
to
No bid for less than
County.
and accrued interest.
at
the
par
The approv¬
ing opinion of Mitchell & Persh¬
ing, of New York
City, will be
purchaser. A certi¬
check for $4,620 payable to
furnished the
fied
the State
Treasurer, is required.
Lincolnton,
Bond
Offering
—
v-
FINANCIAL
may bid
rate of interest in
of
These
1%.
thorized
.
at
for a! different
multiple of 14
the bonds
are
election
an
than
accrued interest.
The approving opinion of Squire,
Sanders & Dempsey, of Cleveland,
be
A
furnished/
certified
check, for $1,500 payable to the
Clerk-Treasurer, is required. • "
Hamilton -,.'jLoQdte,J$jc'Jli^
will
until
12
bids
noon
The
tax
new
from
was
author¬
admissions
the
tax
ing
2s, at
as
of
Sept.
1,
—
W. V. Drake,
tion, will receive sealed bids until
noon (EST) on Nov. 4 for the pur¬
chase
of
$330,000 iy4% tax anti¬
notes. Dated Nov. 10,
cipation
1947.
6—v.
basis
a
dated
are
serially from
Due
Interest M-N.
Ironton, Ohio
Offering—Robert L. Bick,
bids until
noon
Easter-
ling, Secretary Local Government
Commission, will receive sealed
held
Aug. 1, 1947.
Interest F-A.
De¬
nomination $1,000, one for $258.10.
Due
Aug. 1, 1949. Rate of in¬
on
terest to
be in multiples of
of
the
at
Bank,
check for
certified
$725.81 payable to the City, is re¬
quired.
>
Jefferson
Township (P.
Jeffersonville), Ohio
Bond
of
•
vx+hh**
Napolean
the
4
voters
District, Ohio
Election—At the general
Bond
on
Offering
—
A.
R.
bids
sealed
until
noon
on
purchased by the Commissioners
the Sinking Fund of the City
School District.
Principal and in¬
terest payable at the office of the
not to exceed 3% interest fire ap¬
issuance
of
M. Christman, Village Clerk,
roy
purchase of $10,000
paratus bonds. Dated Dec. 1, 1947.
Interest J-D.
Due $2,500 on Dec.
Said bonds with unmatured in¬
terest coupons should be present¬
ed to the North Olmsted Branch
the Bank of Berea Co., North
Olmsted, for payment at part and
accrued interest through Oct. 31,
1947, after which date interest
of
shall
Norwalk, Ohio
Election—At
Bond
election
on
consider
general
of
storm and sanitary sewer
Old
Fort
Local
$296,000
bonds.
District,
Election—At
Bond
to
be
held
on
an
election
No^J"4 the voters
will consider the issuance of
000
name
interest rate
or
tiples of y4 of 1%.
rates in mul¬
for 1 % of the total amount bid for
is required.
Delville
Bond
on
the
—v.
166,
p.
on
Oct 13
1531—were purchased
by Alex. Brown & Sons, of Bal¬
timore, and the Branch Banking
& Trust
a
Co., of Wilson, jointly, at
Englewood, Ohio
had been scheduled for. Oct.
of
$107,000
2.38%,
as
as
follows:
3s, maturing
on
for
March
17—
166, p. 1531—has been post¬
poned. Dated Oct. 1, 1947. Due
from April 1, 1949 to 1968, incl.
v.
Oct. 30
Local
Clerk
-Offerlng^CHarlgiJKoygsti
Board
of
noon
on
bonds.
Interest M-S.
$1,050 and $1,300.
$3,150 March and $2,600 Sept.
from
March
1948
and
Bidders
to
1961,
$2,600
may
bid for
rate of interest in
1%,
No
bids
a
and
Sept.
$3,900
1962.
1,
different
a
stated
by
less
than
Education,
par
and .accrued interest.
tified
A^ cer¬
Auditor,
Peck,
Dated
Shaffer
Wil¬
&
Oct.
post¬
1947.
1,
Due
$1,000 from April 1-4948 to 1957,
incl.
sealed
Elujjation, will re¬
bids until 5 p^.m.
on
purchase of $14,000
not to exceed 3% interest building
bonds. Dated Nov. 1,
the
Bidders
may
A
certified
check
$140 payable to the
Education, is required.
Board
School District,
Election—At
of
the
$35,000be
for
of
Ohio
general
an
City School District,
the
Election—At
will
of $480,000
for
ap¬
Ohio
Election—At
election to be held
will
voters
of $120,000
the
general
election to be held-on Nov. 4,
the
the
consider
will quired.
of
Education,
general
Nov. 4 the
on
the
issuance
construction bonds.
Wellsville City School District
Wellsville), Ohio
Election—The voters will
Bond
pass
issuance
the
on
$380,000
of
construction bonds at the general
election to be held on Nov. 4.
Windsor
School
Local
District,
Ohio
Election—At
Bond
election to be held
will
voters
of
the
consider
general
Nov. 4 the
on
the
issuance
$12,000 construction bonds.
Township School District
(P. O. Xenia), Ohio
Bond
election
the
Election—At
on
consider
general
Nov. 4, the voters will
issuance
the
of
$250,000
building bonds.
OKLAHOMA
Cimarron
Boise
Bond
County (P. O.
City), Okla.
Offering—Velma F. Pot¬
County
ter,
Clerk,
will
receive
sealed bids until 2 p.m. on Oct. 28
the
for
purchase
of
$125,000
county hospital bonds.
000 from
the
election
Due $25,-
1950 to 1954 incl.
authorized
bonds
on
Oct.
check for 2%
7.
A
These
the
at
certified
of the amount bid
is required.
Enid School
Bond
ceive
Salem,^Ohio
Election—At
School Dstrict,
Local
sealed
Oct.
District, Okla.
Offering—M.
Clerk Board of
27
H. Miller,
Education, will re¬
bids until
for
the
7:30
p.m.
of
$565,000 building bonds. Due $47,000 from 1950 to 1960, and $48,000
on
purchase
yoters will pass on?* the. proposed
to issuance?
of'$20Q,9J§|£sto^ sewer in; 1961. -(The i bonds will too
is re¬ honds, reports Pau®, Myers, City awarded to the bidder offering
the lowest rate of interest, and
Clerk.
;"v-r
check for $800, payable,
Board
4 the
issuance
construction bonds.
„
the
general
Nov.
on
consider the
Wadsworth
improvement
submitted
proval.
Bond
a
mul¬
a
Ohio
are
election to be hel^on Nov. 4
will
name
City Treasurer, is required.
Wadswcrth
1947. Interest
1, as follows: $3,000 in 1949;
$4,000 in 1950; $3,000 in 1951, and
$4,000 in 1952. Rate of interest to
be in multiples of V4 of 1%.
No
bids for less than par and accrued
bonds
Oct. 31
Due on Nov. 1, as
$1,200 from 1948 to 1957
Dec.
issue
receive
on
tiple of y4 of 1%. No bid for less
than par and accrued interest.
A
certified check for $500 payable to
J-D. Denomination $1;000. Due on
Bond
will
noon
different rate of interest in
Township Local Sch. Dist,
(P. O. Canton)i:Ohio
Bond Offering—A. J. Willaman,
Rainsboro
the
$1,200.
Xenia
interest.
the
to
the
(P. O.
17—v. 166, p. 1531—has been
Plain
of
purchase of $12,000 2%
apparatus bonds. Dated Nov.
1, 1947. Interest M-N. Denomina¬
which had been scheduled for Oct.
poned.
1 %
payable
fire
$48,-
liams, of Cincinnati,- that the of¬
fering of the $10*900 2% semi¬
annual
fire
equipment
bonds
multiple of V4
for
School District
(P. O. Ottawa, R. F. D. -»'■
No. 4), Ohio
Bond
re¬
purchase of $80,-
1, 1947.
Denominations
1
until
improvement
21/2%
Due
C. A. Printz,
Education, will
for the
Dated Jan.
—
bids
sealed
ceive
of
Glandorf
Offering
Clerk Board of
000
Bond Offering Postponed—It is
stated by Peck, Shaffer & Wil¬
price of 1001)088, a net5 iiiterest
cost
Bond
general
Nov. 4 the
Sampson County (P. O. Clinton), liams, of Cincinnati, that the of¬
North Carolina
fering of the $12,000 2% water
Bond Sale—The $500,000 school works improvement bonds, which
building bonds offered
Union Sch. Dist.,
Ohio
Election—At
election to be held
A certified check for $340
payable to the State Treasurer, is
required.
Kenton City
Ohio
Hoyt & Washburn, of New York voters will consider the issuance
City, will be furnished the pur¬ of $44,000 construction bonds.
chaser.
Milledgeville Bank, Jefferson¬
A certified check for $100,
payable to the Board of Trustees,
is required.
Village School District,
No bids for
less than par and accrued interest.
The approving opinion of Reed,
check
City
construction bonds.
Oct. 28 for the
certified
for
for,
Uhr.ichsville, Ohio
Offering — W. R. Tread-
Bond
Bond
School
Ohio
ceive
A
check
bid
Commissioner of the Treasury.
voters
the
issuance
ville.
bank in the city
any
bond at¬
a
torney
Nov. 4 tlie voters will
the
the
cost to
Aug. 5.
on
& Trust Co.,
All proceedings
election to be held
of
Columbus.
of
Bond
out
$2,000 from 1950 to 1957,
$1,000 in 1958. Principal and
interest
payable in New York
City. Registerable as to principal
only.
Bidders are requested to
election held
an
tion
cease.
and
ized at
Bank
City.
inclusive.
lows:
nominations
No bids for
under the direction of
tion
Clerk Board of
blanks
of
1,
the proper authoriza¬
this issue will be taken
follows:
Nov. 1,
delinquent tax' bonds, Nos.
21, aggregating $8,000, dated
Nov. 1, 1943, due Nt#. 1, 1947.
Principal and interest payable at
form
York
14 to
plication to the Clerk-Treasurer.
The notes will be delivered with¬
the
Nov.
Bidders may bid for
rate of interest in a
Chemical
2%%
1, 1947. Interest A-O. Denomina¬
$1,000. Due on Oct. 1, as fol¬
on
the
for
Call—It is stated that El-
tion
made
must
Denomina¬
$8,000
Principal and interest payable at
way,
bonds:
be
bids
different
a
M-N.
Due
1949 to 1952.
$25,000
Olmsted, Ohio
which will be furnished upon ap¬
6%
coupon
All
Interest
$1,000.
sealed bids until
North
Dated Oct.
exceed
sewer
Clerk-Treasurer.
1947.
tion
Nov. 4 the voters will
the
interest water and
to
11 a.m. (EST) on Oct.
purchase of $17,000 not
purchase.,,of $32,000.3 % street Im¬
provement bonds. Dated Nov. 1,
certified
School
bonds.
21 for the
bids .until noomon 'Nov. 4 for the
incident to
■
Nov.
on
1, from 1948 to 1951 inclusive. De¬
$1,000 and $500. Rate
of interest to be in multiples of V4
of 1%.
These bonds were author¬
bids until
Toledo, Ohio
—
Rudy Klein,
City Auditor, will receive sealed
New
Phillipsburg, Ohio
Bond Offering Postponed—It is
O.
Davis,
Clerk Board of Trustees, will re¬
ceive
will
bonds
Offering
Bond
amount
pay¬
National
First
A
Ironton.
Oct. 25 for the
of
Board
$303,000 construction bonds.
J/4 of
Principal and interest
able
construction
\
election
an
whose opinion as to the
the
issuance
of legality of the bonds
may be pro¬
$285,000 school bonds.
cured by the purchaser at his ex¬
pense.
The bonds may be ex¬
Margaretta School District, Ohio
Bond Election—At the general changed for bonds registered as
election to be held on Nov. 4 the to principal and interest at the
Enclose a
voters will consider the issuance request of the owner.
Oct. 22 for the
on
purchase of $7,258.10 not to exceed
6% interest sidewalk notes. Dated
Interest M-N. Denomination
$10,000. Due $110,000 on Nov. 10,
1948, and May and Nov. 10, 1949.
These notes are part of a $440,000
bonds
1972 incl.
the
City Auditor, will receive sealed
1%.
Offering
Treasurer Board of Educa¬
The
1947.
Note
Ohio
Oct.
on
price of 100.553,
1.945%.
ipalities. The Cleveland levy is
expected to yield up to $700,000
a
year.
Local yields from this
City School District,
offered
a
At
be submitted for approval.
is calling for payment on
166, p. 1402—were purchased by
Fahey, Clark & Co., of Cleveland,
1948 to
over
School District,
Sale—The $112,000 build¬
bonds
$160,000
—
Nov. 4, an issue of
on
consider
Bond
Ohio
to munic¬
Note
be
will
required.
Hinckley Local
to
.
improvement
of the bonds bid for, pay¬
the Village Treasurer, Is
Bond
elec¬
an
Marblehead School District, Ohio
Bond Election—At an election
to
for 5%
field and turned it
Clerk
f
«
...
March and Sept. 1,
to
are
No bids for less
payable
•
and $4,000 on
able
These
Education, is required.
"
Sealed
—
received
broadening
a
Columbus,
Aug. 28.
on
consider
recently when the State with¬
drew
tion
election
of finan¬
cial home rule for Ohio cities, the
city has just adopted a 3% tax on
admissions,
according
to
the
Municipal Finance Officers Asso¬
ized
multiple of V4 of 1%.
a
bid is to be for less than par and
gardens
building
bonds.
Dated Nov*. 1, 1947. Interest A-O.
Denominations $1,000. Due on Oct.
:l,l;as follqwsf $5,000 from 1949 to
1971 inclusive.
Bidders may bid
for a different rate of interest in
$5,000
(EST), on Oct. 27, by Helen L.
Newcomb, Village Clerk, for the
Adopts Admissions Tax—
ciation.
31/2%
accrued interest. A certified check
Cleveland, Ohio
City
will receive sealed bids until noon
on
Oct. 23 for the purchase of
4 the
Nov.
on
of
$1,500,000 zoological
improvement bonds.
Marking
Offering—Clark M. Hoff¬
$115,000
beNheld
to
Clerk Board of Education,
man,
consider the issuance
election to be held
voters
Bdud Election
9,
er's expense. A certified check for
in 1949 to 1960,
March 1, and $5,000
on
Sept. 1, 1961.
Bidders may
Cincinnati, Ohio
specify a different rate of inter¬
Bond Election—At the general est in a multiple of J/4 of 1%. No
$50,000 construction
on
No.
R.
consider the issuance
purchase of $105,000 3% electric
public utility revenue bonds. De¬
nomination $1,000. Dated Sept. 1,
Bond Election — At an election
1947.
Due as follows: $4,000 on
to be held on Nov. 4 the voters
pass
~R.
multiple of lk of 1%.
$450,000 construction bonds.
bonds.
O.
Dayton), Ohio
less than par and accrued interest.
Nov.
on
Brecksville School District, Ohio
will
Bond
Township Local School
(P.
-
than par and accrued interest. The
held
Offering
be
District
V
:
>
Sheffield Lake Local Sch. Dist.,
\
(P. O. Lorain), Ohio
approving opinion at the purchas¬
—
be
will
Bond
Mad River
November general ,ele.ction.
4
to
$230,000 construction bonds.
will
submitted for the approval of the
voters.
the ? bonds authorized at
(P. O. Columbus), Ohio
At the general
Bond Election
election
Scipio-Republic LocalSch. Dist,
(P. O. Republic)t Ohio
>
Bond: Election—At the general > Bond/Election—The issuance of
0lectiofi\on :Nov. :4 .an issue of $155,000 improvement bonds will
$50*000 construction bonds wilT fcje be .considered'by+the"; vqters at the
;
(p. a. tow, oRi*:
;
on
No bids for less
Hiram, Ohio
election to be held on Nov. 4 the
voters will censidel the issuance
held
Monday, October-20. 1947
wlJ.v.,. • A.
...
Lafayette- Local Schocl Oistrict
.
au¬
.and
par
J-
.
a
Bank of Ottawa.
OHIO
Archhold School District, Ohio
Election^—At the general
l,\l947.\
May 7, 1946. Principal and inter¬
est payable at the First National
voters
Bond
p.m.
purchase of
building^ unli^
Bidders
of
of
untilx7.30
the
Interest M-N.
Denomination $1,>000/, ©lie;,on Nov. 1,"as,.follows:
$5,000 from 1949 to 1956, and $6,000 from 1957 to 1968 all inclusive.
will consider the issuance of $1,ment bonds.
for
.
voters
212j000 permanent school improve¬
:.«Wvr v •».
$112,000 3%
tax bonds.
Dated Nov. i
election
the
3
CHRONICLE
\
issue of which Nos. 1 to 11 will be
N. C,
W. E.
Nov.
will
furnished the purchasers.
con¬
bonds
cost
"
on
will be awarded to the bidder of¬
fering
&
•>*-
receive sealed .bids
$11,000 in, 1949; $12,000 from
1953; $15,000 in 1954; $16,000;in 1955; $17,000 in .1956; $77,000 as 2s, maturing on March 1,
$17,000 in 1957 and 1958; $15,000
in 1959; $14;0Q0 in l960 and'19.61;
$164,000 as
2y4s, maturing on
March 1, $14,000 in 1962 and 1963;
$13,000 in 1964 and 1965; $11,000
in 1966; $15,000 in 1967; $20,000
in 1968; $27,000 in .1969 and 1970;.
$10,000 in 19.7:1; and $152,000 as
2i/2s, maturing on March 1, $17,000 in 1971; and $27,000 from 1972
to 1976 inclusive.
Dated Sept. 1,
1947. Interest M-S. The approving
opinion of Reed, Hoyt & Wash¬
burn,. of New York City, to be
bonds and
another rate for the balance, but source will not necessarily repre¬
r o bid may name more than four
sent a net increase in city rev¬
rates, and each bidder must spe¬ enues, however, because the State
cify in his bid the amount of simultaneously
reduced
certain
bonds of each
rate.
Each rate grants-in-aid to cities.
i
">■
'
1950 to
coupon
of
■'
■
1,
-
.
Davidson, N; C,
Bond Sale—The $100,000 water
■-
&nq
*'
•
NORTH CAROLINA
1
COMMERCIAL
THE
(1626)
.
Volume
agreeing to
interest.
an
Bonds
and accrued
par
pay
These..,; .are
j
authorized at
THE
Number 4639
166
the
;
on
Sept. 23. A certified check for 2%
of the amount bid is required.
said
on
terest
Bond Offering—Lucille
works
bonds
election
authorized
held
on
at
Voted
Bonds
held
an
election
an
issuance
bonds: $65,000 fite fighting equips
ment
bonds;
$50,000
bridge
on
there-*
date
payment
in-"-
any
in
con¬
inverse
numbers
order
bage
of
serial
said date and oh
on
any
thereafter.
bonds.
Rate
Bonds Voted
-held
the issuance of
pool
..
At
—
Oct. 7 the
on
interest
..
election
an
approved
voters
$75,000 swimming
bonds.
of
interest
of
V4
1/10
or
interest
and
able
bank
Interest j-J.
be multiple^
to
of
1%.
Principal
suity
payable at
trust
or
date
payment
Dated Nov. 1, 1947.
OREGON
Bend, Ore.
any
company
desj-
ignated by the purchaser.
The
City will furnish the approving
legal opinion of Dorsey, Colman,
Barker, Scott & Earber, of Min¬
held on Oct. 7 the voters approved neapolis, within 30 days after ac¬
ceptance of bid. A certified check
the issuance of $75,000 water main
for 2% of the amount bid, is reb
and
Gear heart, Ore.
Bonds
Voted —At
election
an
improvement bonds.
Hood
Bonds
held
ized
quired.
River, Ore.
the
Voted—At
an issue of $15,000 sewer
improvement bonds.
tem
Sale—The
bonds offered
•
$90,000 school
Sept. 22—v. 166.
on
1199—were purchased by local
p.
individuals
at
a net interest
follows: for $8,-
par,
cost of 2.08%, as
'
•
000
as
in
1,
Is, maturing $4,000
1948
and
1949;
maturing $4,000
l%s,
Oct.
$12,000 as
on Oct.
1,
on
from 1950 to 1952; $12,000 as lVzs,
maturing $4,000 on Oct. 1, from
,1953 to 1955; $13,000 as l%s, ma¬
f
turing $4,000 on Oct. 1, in 1956
and 1957; $5,000 in 1958; $15,000
as 2s. maturing $5,000 on
Oct. 1,
from' 1959 to 196ir $15,000 2V4s,
maturing $5,000 from 1962 to 1964,
and
$15,000
as
2y2s,
maturing
$5,000 on Oct. 1, from 1965 to
1987, all inclusive. Dated Oct. 1,
1947. Interest A-O.
at auction
at
Nov. 18
an
issue of
bonds.
Dated
and
in
District, Pa.
$40,000
build¬
1:30 p.m.
(EST) on
$522,000 school
Oct.
1,
1947.
Due
as
in 1956; $40,000
1959; $45,000 from
to 1962; $50,000 in 1963 and
1964; $48,000 in 1965, and $19,000
in
1966.
Eonds
maturing from
1961 to 1966, shall be callable in
1955;
from
$35,000
1957
to
1960
The bonds
CHRONICLE
are
$600, payable to the' Town Treas¬
urer, is required.
Bond
will
on
any interest payment date
thereafter at par and accrued in¬
or
Offering
be
until
bids
2
p.m.
(EST), on Nov. 12, by T.
R.
Bandy,
County Judge,
for the
purchase of $800,000 school bonds.
Interest rate is not to exceed 3%,
payable J-D. Denomination $1,000.
Dated Dec. 1, 1947. Due $200,000
on
Dec. 1, in 1957 to 1960, incl.
Any and all of said bonds shall
be callable for redemption in in¬
in
terest
multiples
that there
except
than
more
&
the
%
of
of
shall
in
rate
office
1%,
not
be
matu¬
interest pay¬
of
any
the
County
Co.,t New York City, at
option
or
the holder.
No bid
bonds offered on Oct. 6—v. for less than par and accrued in¬
168, p. 1402—were purchased by terest. The County will furnish
Moore,
Leonard
&
Lynch,
of the approving opinion of Chap¬
Pittsburgh, as l%s, at a price of man & Cutler, of Chicago, A cer¬
100.364, a basis of 1.71%. The tified check for $7,500, payable to
■y. bonds are dated Oct. 1, 1947. De- the County Trustee, is
required.
'! nomination
$1,000. Due serially
from 1948 to 1967 incl. Interest
Sevierville, Tenn.
A-O.
The
second
highest
Arthur,
was
Lestrange
for 2s, at 101.783.
&
Gratifying
State's
election
the
will
con¬
$75,000
con¬
voters
sider the issuance of
Sunhury, Pa.
Bond
sider
'
Election—At
election
the
the
the
voters
issuance
Novem¬
will
of
con¬
$125,000
Rapid City,
S. Dak.
(State
of)
bids until 7:30 p.m. on Nov. 3 for
lows:
$300,000
-»
airport bonds.
Due on
1, as follows:
$15,000
from 1949 to 1965; $20,000 in
1966, and
$25,000
in 1967.
Bonds maturing after Jan. 1,
1958, shall be subject to re¬
demption and prepayment at
the option of the City, in inJan.
,,
numerical
»verse
serial
and
date
numbers
on
any
on
order
said
1959
to
1954
from
1963
on
and
1964.
Bonds
or
numerical
order
on
Oct.
by
bond
so
called,
as
V4 of 1%.
of
rates
shall
for
thereafter.
are
may
be
Not
more
than
any one
payable
more
than
maturity.
at
the
one
—
the
on
tax
on
Hamilton
Chicago,
First
York,
Trust
Co,
of
?_
Provident Savings
Co.,; of Cincinnati,.
Cleveland
Corp.,
of
,
in 1973 and 1974.
1958.
2s, maturing on Nov.
1, $115,000 in 1959, $118,000
in
1960,
$121,000
in
1961,
$124,000 in 1962, $128,000 in
as
1963, $132,000 in 1964, $136,in 1965, $140,000 in
1966,
$142,000 in 1967, all in¬
Dated
Oct.
1,
1947.
Interest
M-N. Principal and interest
pay¬
able
at
the
Republic
National
August, on July sales
$3,196,718.
Bank, Dallas.
The District will
At the rate, it was pointed out, furnish
the purchasers with the
from
revenues
the
sales
for
tax
the fiscal year would reach more
than $38,000,000.
At the time of
the
new
predicted
would
be
Pleased
with
the
rate
of
noted that
suggestions are already
being made for changes in distri¬
bution of the
revenue.
TEXAS
Heights (P.
O.
Almo),
Sold
is
It
stated
that
rec¬
—
center
composed
group
M. E.
bonds
revenue
purchased
were
recently by a
of Russ & Co.,
Allison & Co.,
both of San
Antonio, and the Ranson-Davidson
Co., as 3s and 3y2S. Due in
from 1 to 20 years.
Calhoun
Sale
Details—In
bonds
4
to
(P. O. Coleman),
Bond Election Pending
election
future,
to
be
held
in
—
p.
issue of
616
were
of
connec¬
the
$150,-
—
learn
we
that
1961
and
1962.
The
dated Oct. 1, 1947.
bonds
At
an
the
near
$75,000
road
&
plant
sanitary sewage dis¬
bonds, as 2y4s.
Nov. 1, from 1948 to
system
on
incl.
to
bonds.
hospital
bonds
cently. The bonds
issue
was
were
of
of
Due
sold
on
bonds,
Nov.
1,
as
from
1972 incl.
600,000 sanitary sewage disposal
bonds, as 2y4s. Due on Nov.
1, from 1948 to 1972 incl.
1948
210,000
to
1972 incl.
bituminous
50,000 street
2s.
as
$275,-
1948 to
re¬
part of
incl.
sewer
surfacing
street improvement
bonds, as
2s. Due on Nov.
1, from 1948
to 1962 incl.
Ector County (P. 0. Odessa),
Texas
issue
1972
storm
300,000 civic center improvement
bonds, as 2s. Due on Nov. 1,
revenue
improvement
Sale—An
&
Commerce Trust Co., of Kansas
City, Stein Bros. & Boyce, of
Baltimore, Gordon Graves & Co.,
of New York,
Watling, Lerchen &
Co., of Detroit, Van Lahr, Doll &
from
street
authorized
At
refunding
50,000 city-county library bonds.
Bond
schild &
son
Co., East¬
Co., E. F. Roth¬
Co., Paine Webber, Jack¬
Curtis, Reynolds & Co.,
Dillon
man,
2y4s.
bonds.
000
were
1948
bonds.
power
-.p*.
Oct. 6—v. 166, p. 1403—
purchased by a syndicate
composed of Phelps, Fenn &
Co.,
Chemical Bank & Trust
690,000
bonds.
150,000
on
1948 to
light
,r,„
750,000 permanent paving bonds,
as 2s.
Due on Nov.
1, from
$750,000 school improvement
500,000
offered
1972
are
Oct. 8 the voters approved
issuance
of
the
following
electric
I
&
Sale—The 5,000,000 bonds
Due
on
708,000
Houston, Texas
...
.
Bond
posal
election
an
,,
$2,400,000
Interest A-O.
—
at
the
Chemical
Bank
Trust Co., New York
City.
and
Denton, Texas
Bonds Voted
able
Boston, Thomas & Co., of Pitts¬
burgh, Rauscher, Pierce & Co.,
Dallas Rupe & Son, both of
Dallas, at 100.19, a net interest
cost of 2.1386%, as follows:
the
as'follows: $126,-
sold
Dec.
1, 1947.
Interest
Principal and interest pay¬
J-D.
Isphording, of Cincinnati, Chace,
Whiteside, Warren & Sears, of
000 as 2y4s, maturing on Oct. 10.
$8,000 from 1948 to 1952; $10,000
from 1953 to 1957; $12,000 from
1958 to 1960, and $24,000 as
2y2s,
maturing $12,000 on Oct. 10 in
Dated
an
$575,000.
M-N.
name
Due
on
marker
Nov.
bonds,
1, from
1957 incl.
Nov.
1,
1947.
Interest
Principal and interest
pay¬
Ellis County Road
District No. 15 able at the Chase National Bank,
(P. O. Wexahachie), Texas
New York, City.
The approving
Bonds
an
sale
hospital bonds to William N.
Edwards & Co., of Fort Worth, re¬
ported in our. Aug. 11 issue—v.
Texas
,
Details—In
the
bonds:
connec¬
Coleman County Road District
No.
County (P. O.
Hereford), Texas
Sale
Dated
Bacon, Stevenson & Co., Dominick
&
Dominick, all of New York,
Detmer & Co., of
Chicago, Camp¬
bell, Phelps & Co., of New York,
000
the
County
tion with the sale of the $150,000
hospital
the
Smith
with
held
(P. O.
Fort Lavaca), Texas
Bond
Bond
tion
166,
$185,000 swimming pool and
reation
Deaf
bonds
Texas
Bonds
of
Attorney-General
McCall, Parkhurst
& Crowe, of
Dallas, and Vandewater, Sykes & Heckler, of New
re¬
ceipts from the levy which he had
advocated,
Governor
M c C o r d
Almo
opinion
of Texas and of
levy's enactment, it was
that yearly collections York City.
upwards of $20,000,000.
rate
swimming pool bonds.
National Bank, Knoxville, or the
Jan.
1, as follows:
$10,000 from 1949 to 1965, and Bank of Sevierville, and the bonds
$15,000 in 1966 and 1967. will be delivered at the Bank of
Due
York,
f
o
Trust
$240,000 swimming pool bonds.
100,000 airport bonds.
col¬
the month
consumers
two
The bonds
the issuance
following bonds:>
State
the
tax take for
be specified and there
110
com-y
Donald MacKinnon & Co., of New
clusive.
Rauscher,
follows: on or after Oct. 1, 1954,
Pierce & Co., of San Antonio, and
and on or prior to April 1, 1957,
associates, taking $93,000 as 2s,
at a premium of $30; on or after
and $57,900 as 2y4s, reported in
Oct. 1, 1957, and or or prior to
our Sept. 15 issue—v. 166, p. 1103
April 1, I960, at a premium of —we
now
learn that the bonds
$20; on or after Oct 1, 1960 and were
sold at par. The bonds are
prior to maturity at a premium
dated Aug. 15, 1947. Interest
pay¬
of $10. Bidders are requested to
able F-A. Due serially from 1948
name rate of interest in
multiples to 1961 incl.
of
authorize
syndicate
a
Bank & Trust
000
earlier
totaled
on any
mium for each
of
election the voters
and
beyond
lected from
1,
interest payment
date thereafter at par plus a pre¬
improvement
same
refused to
—
before—totaled $2,785,769, and the
as
1961; $3,000 in 1962, and
1954, and
date
interest payment
200.000
y
1950;
1952;
.
Atlanta,
Fidelity
Co., of Newark/
Schoellkopf, Hutton & Pomeroy,
of Buffalo, Roosevelt &
Cross, of
New Ybfki -Weeden ;&
Co., of Lbk
Angeles, First Southwest Co., of,
Dallas, Martin, Burns & Corbett,
bonds.
of the
by
New
Union
bonds.
At the
of
all
system
sewer
60,000 municipal building bonds.
15,000 bay front improvement
Thus far, July collections
Oct.
1,
$1,000.
Due on Oct.
$2,000 in 1949 and
$1,000 in 1951; $2,000 in
$1,000 in 1953; $2,000 from
to 1957; $1,000 in 1958; $2,000
bonds.
sewer
150,000 parks and park building
1,156,000
Denomina¬
tion
verse
the purchase of $650,000 not to ex¬
ceed 2 %% interest bonds, as fol¬
.
Dated
Interest A-O.
after Oct. 1, 1955,
shall be callable for redemption
at the option of the Town in in¬
Bond Offering — R. R. Lang,
City Auditor, will receive sealed
•
1, 1947.
in
maturing
SOUTH DAKOTA
.
bonds.
improvement
$2,000
land damage bonds.
street
bonds.
expec¬
ning well
tations.
interest street
follows:
struction bonds.
ber
Offering—Hansel Proffitt,
will
receive
Recorder,
not to exceed 3 y4%
Election—At the Novem¬
Bond
ber
Town
Paso, Texas
posed of the National City Bank,
C. F. Childs & Co., Laidlaw &
Co./,
bonds.
revenue
Georgia,
785,000
new
sealed bids until 2 p.m. (EST) on
Oct. 30 for the purchase of $30,000
Crafton, Pa.
'
Bond
bidder
Klirha,
purchased
$4,750,000 water
2,500,000 storm
Sales Tax Receipts Found Very
at the Chemical Bank
or
Trust
the
one
Principal and
at
name a
than two rates of in¬
ing
i
ing bonds:
1957, $111,000 in
Tennessee
rate,
requested to
El
?
election
an
—
ders
more
—
—
terest to date of redemption.
are
Texas
At
Bond S«*e—-Tne $3,970,000 vari¬
on
Oct. .4 the voters ap-r ous improvement bonds
offered on
proved the issuance of the follow-! Sept 29—v.
166, p. 1303—were
Receipts from the
2% sales tax, enacted
Bid-, by the recent legislature, are run¬
and not
Christi,
Voted
Cleveland, Lyons & Shafto, of
Boston, J. M.,1 Dain & Co., of Min¬
verse numerical order at the op¬
neapolis, Charles Clark & Co., of
tion of the bounty/; on Deity 1,
Dallas Indep. Sch. Dist., Texas?- New York, H. V.
Sattley & Co., of
1957, dr on any interest • payment
Bond Sale—The
$2,500,000 im¬ Detroit, Kenneth A. Ellis & Co.,-of
date thereafter and prior to ma¬
provement, Series 1947 bonds of¬ Phoenix, and Breed & Harrison,'
turity at a price of pair and ac¬ fered on Oct. 13
v.
166, p. of Cincinnati, at 100.11, a net in^i
crued interest to the date Of re¬ 1532
were
purchased
by
a terest cost bf 2.4997%/■ as follows:'
demption. Principal and interest syndicate
composed of the Na¬ $1,375,000
at.;2y2s, maturing on
payable at the Chemical Bank & tional
City Bank, of New York,
,Dec. 1: $146,000 in 1948; $150,r/
Trust Co., New York City. The
Drexel
&
Co., of Philadelphia,
000 in 1949; $153,000 in
bonds will be awarded to the bid¬ Trust
1950;
Co. of Georgia, of Atlanta,
$155,000 in 1951; $158,000 in
der offering to take the - same at
Braun,
Bosworth
&
Co., Inc.,
1952; $148,000 in 1953; $152,/;
the lowest
interest
cost
be
to
Schoellkopf, tHutton & Pomeroy,
000 in 1954; $155,000 in
1955,
computed by deducting from the of
Buffalo, First Southwest Co.,
and $158,000 in 1956.
total interest cost at the rate bid
y
of
Dallas,
Providence
Savings
the amount of any premium of¬
751,000 as 2s, maturing on Dec. .1:*
Bank & Trust Co.j of
Cincinnati,
fered. The approving opinion of
$161,000 in 1957; $148,000 in
J. C. Bradford &
Co., of Nashville,
Chapman & Cutler, of Chicago,
1958; $150,000 in 1959; $145,^
Campbell, Phelps & Co., of New
000 in 1960, and
will be furnished to the purchaser
$147,000 in
York, Lyons & Shafto, of Boston,
without cost and the County will
1961.
Republic National Bank, of Dallas,
bear the cost of the preparation
1,032,000 as 2y>s, maturing on
and Blewer, Heitner &
Glynn, of
and printing of the bonds, pro¬
Dec. 1: $150,000 in
St. Louis, at 100.0017, a net inter¬
1962; $141,-!
vided, however, that any bidder est cost of
000 in 1963; $144,000 in
1964;'
1.9316, as follows:
may agree to select attorneys of its
$147,000 in 1965; $150,000 in
$1,344,000 as l34s, maturing on
own choice and bear the cost of
1966; $152,000 in 1967, and!
Nov. 1, $368,000 in 1948,
such attorney's opinion and also
$86,$148,000 in 1968.
000 in 1949, $88,000 in
the cost of the preparation and
1950,
813,000
as
23/4s,
maturing on
$91,000 in
1951, $93,000 in
printing of the bonds if such bid¬
Dec. 1: $151,000 in
1969; $155,-'
1952, $96,000 in 1953, $98,000
der so desires. Enclose a certified
000 in 197Q;
in
$158,000 in 1971;
1954,
$100,000
in
1955,
Check
for
$8,000,
payable
to
$162,000 in 1972, and $93,000
$105,000 in 1956, $108,000 in
Worley Fain, Trustee.
'
•
Corpus
Bonds
55
held
bonds.
—Sealed
received
(1627)
950,000* sanitary
County (P. O.
Tenn.
Blount ville),
inverse numerical order at the op¬
tion of the County on Oct. 1, 1952,
Trustee,
School
Sale—The
Arm¬
follows: $10,000 in 1952
1953; $15,000 in 1954; $30,000
April 1,
rity.
Bond
Rogers-
Offering—Clinton
strong, County Chairman, will sell
able
PENNSYLVANIA
Brownsville
County, (P. O.
ville), Tenn.
Bond
County School District
No. 88 (P. O. Salem), Ore.
Bond
Hawkins
sys¬
Marion
«.
TENNESSEE
election
Oct. 7 the voters author¬
on
FINANCIAL
being
issued subj ect tb* the approving
opinion of Chapman & Cutler, of
Chicago, and all bids must bq sb
conditioned. A certified check fpr
sewage
struction bonds, and $35,000 gar¬
disposal
Sevierville.
Sullivan
Oct. 7 the voters approved
of
the
following
on
the
At
and
disposal bonds.
Due on
Jan.
1, as follows:
$5,000 from 1949 to 1955, $10,1
000 from 1956 to 1963, $15,000
in 1964 and 1965, and $5,000'
in 1966. Bonds maturing after
Jan. 1, 1958, shall be subject
to
redemption and prepays
ment at the option of the Cityj;»
Sept. 30.
—
date
&
after.
150,000
Shawnee, Okla.
}.
order of serial numbers
verse
Lcngdale, Okla.
Nowlin,
Town Clerk, will receive sealed
bids until 3 p.m.' on Oct. 21 for
the purchase of the $23,000 water
maturing after Jan. 1,
1958, shall be subject to re¬
demption and prepayment at
the option Of the City, in in¬
bonds
election held
COMMERCIAL
held
on
Voted—At
Sept. 13 the
the issuance
an
election
voters
improvement bonds will be subr
proved
mitted to the voters.
road improvement bonds.
of
opinion
of Reed,
Hoyt
&
Wash¬
ap¬
burn, of New York City, will be
$75,000
,
furnished the purchasers.
;r
56
COMMERCIAL
THE
(1628)
&
FINANCIAL
CHRONICLE
Monday, October 20, 1947
r
•
&
v
■
•
■
•
Los Fresnos School
Bonds
Voted
election
an
held recently the voters
the issuance of $35,000
tion
Santa Rosa School District,
District, Texas
At
—
tion
approved
construc¬
held
did
not
McCulloch
approve
Sale—The $250,000 bonds
Bond
Election—At
be held
Oct.
on
election
an
13
offered
issue of
an
be
submitted for
voters'
the
Oct. 14 were purchased
on
by R. K. Dunbar & Co., of Dallas,
at a net interest cost of 2.0494%
$175,000 road improvement bonds
■will
the issuance of
Seguin, Texas
Texas
to
elec¬
as
follows:
consideration.
Texas
Bonds Sold—An issue of
school
bonds
Co.,
&
of
will
sewer
bonds
by the
voters
2
000
■
i-y
iy
If
■v=l
Sale—An
and
2V2%
2
of
$100,-
bonds
was
Ap¬
to legality by McCall,
Parkhurst & Crowe, of Dallas.
proved
as
Woodville),
(P. O.
election
to be held on Oct. 18 the voters
Bonds Voted
At an election
will consider the issuance of $150,held on Sept. 27 the voters ap¬
000 county hospital bonds.
proved the issuance of $3,800,000
an
—
construction bonds.
Wheeler, Texas
Voted
an
election
29—v. 166, p. 1304—were
sold as 3s, at par.
Dated Oct. 1,
1947.
Interest A-O.
Due serially
Sept.
20 the voters approved
$200,000 improve¬
Sept.
on
At
—
the issuance of
Henrico
Sept. 29—v. 166,
p.
Units
Housing
The
issue
our
of
1304—we carried the offering notice for notes ag¬
through
offering has
the
inclusion
The corrected
been increased to
now
now
Bid Opening
reads
total of $39,740,000,
a
Wis., housing notes.
of $367,000 Milwaukee,
offering notice
follows:
as
Oct. 28, 1947
(Notes Dated Nov. 18, 1947 and maturing as indicated)
Local
nection with the
Buffalo, N. Y
Chester, ?Pa.
Chicago, 1111.
Corpus Christi, Texas—
Darlington Co., S. C
Detroit, Mich.
Fayette Co., Pa
Fort Wayne, Ind
Kern Co., Calif
Memphis, Tenn.
Milwaukee, Wis.
Providence,
R.
I
Oct.
on
available
made
bidder all or any
for
under such bid
Debt—While these
will
be
entertained.
If only
a
obligations of Sanitary
Five, it is not
anticipated that an ad valorem
District
Number
principal and interest. Instead,
it is proposed to service this debt
from
in
the
order
or
annual
an
rate
flat
service
ed
with
the
annual
tax
on
a
of
the
the
District
are
1940, and $15,000 of a $25,000
April 1, 1941, water
bonds, both general obliga¬
tions of the District.
In comput¬
ing legal debt margin of the Dis¬
trict these bonds were included,
but it has been suggested that this
amount might justifiably be de¬
ducted from gross debt, as selfsupporting. Principal and interest
payments have been and will no
continue
from
to
made
be
District
en¬
revenues,
30,
30,
Nov.
30,
Feb.
10,
Nov.
30,
Nov.
30,
Nov.
30,
Nov.
30,
Nov.
Nov.
than
one
a
Series
E-1944
Series
E-1945
Series
$1,790
$2,945
E-1946
Series
-
?
37.81
'
1,467
331
1,136
6,464
2,319
4,327
34.89
10,883
4,494
6,389
41.29
12,707
5,347
7,360
42.08
9,933
3.941
5,972
39.76
4,351
1,136
3,215
26.11.
2,838
258
2,580
9 09
$48,805
$17,826
$30,979
36.52
-—IIIIIIII
I~~~
III
E-1947
(9
Series
Total
Series
Series
IIII
months)
E
22.56
F
and
A-E
$53,539
$19,015
36.64
$23,923
G:
Series
F ;p.nd
G-1941
Series
F
and
G-1942
3,187
471
2,716
Series
F
and
G-1943
3,360
499
2,861
14.85
Series
F
and
G-1944
3,691
412
3,278
11.35
3,144-
242
2,902
7.70
2,993
114
2,879
3.81
1,974
8
1,966
.41
$19,879
$1,942
$17,937
9.77
113
130
—38
$73,530
$21,738
$51,793
Series
F
Series
and
F
1,531
G-1945
and
F
Series
G-1P46
and G-1947
Total
Series F
Unclassified
tITotal
sales
All
(9
months)
_
and
G
and
redemptions
Series
"Includes
396
12.80
1,334
14.73
accrued
discount.
notes bid for in
Debt
Statement.
ALBERTA
Calgary School Board (P. O.
Calgary), Alta.
by H. L.
On Oct.
38th
16
Ave., West, Dist. 5606, Nos.
6 and 7.
On Oct.
18
20th
Ave., Southwest, et al,
Dist. No. 5477, No. 22.
55th Ave., Northeast, Dist. No.
5581, Nos. 85 to 154.
Interest
ceases on
dates called.
Chicago, 111.; Atlanta, Ga.; Fort
«v
by
a
Nesbitt,
Thomson
Montreal, Anderson
&
&
Co.,
Co.,
Daly & Co., both of Toronto,
as 2V4S, 2V2S and 3s, at a price of
98.08, a net interest cost of about
was
Due from Nov.
1, 1948 to
in the bidding
Cochran, Murray & Co., with
1962.
Runner-up
offer of 98.03.
an
The bonds
are
dated
July 1, 1947.
of
and
R. A.
2.98%.
all inclusive.
Malartic, Que.
Sale—An issue of $76,000
Bond
water
and
works
said to
have
bonds
sewer
been
purchased
is
re¬
cently by St. Onge & Fournier, of
as 3s, at a price of 97.91, a
basis of about 3.295%. Dated July
1, 1947. Due in 1948 to 1957.
Amos,
St.
BRITISH
COLUMBIA
Greater
Vancouver Water District,
British Columbia
Details—In
Sale
Bond
connec¬
tion with the sale of the $1,750,000
water bonds to
99.038,
2.80%,
Lauder, Mercer &
issue—v.
the
that
net
a
reported
166,
p.
bonds
interest cost of
in our Sept. 22
1200—we learn
were
sold
as
Parish,
Que.
Sold—The following 3%
semi-annual
bonds
aggregating
$38*000, are said to have been sold
recently at par:
$23,000 improvement bonds. Dated
July 1, 1947. Due in from one
improvement
bond s
April 1, 1947. Due in
15,000
Dated
from
one
...
Stanstead
1950; $56,000 in 1951; $58,000
in
1952; $59,000 in 1953; $61,000 in 1954; $62,000 in 1955;
$64,000 in
1956; $65,000 in
1957; and
1,216,000 as 2%s, maturing on
Sept. 15, $66,000 in 1958; $68,000 in 1959; $70,000 in 1960;
$72,000 in
1961; $74,000 in
1962; $76,000 in 1963; $79,000
in 1964; $81,000 in 1965; $83,*
000 in 1966; $85,000 in 1967;
$87,000 in
1968; $90,000 in
1969; $92,000 in 1970; $95,000
in 1971, and $98,000 in 1972.
interest
3%
^
Plain,
Que.
$35,000'
bonds was
Sale—An issue of
Bond
$534,000 as 2V2S, maturing on Sept.
15, $54,000 in 1949; $55,000 in
paving
recently,
over-theThe bonds are
Sept. 1, 1947. Due serially
1949 to 1977, incl.
counter,
from
at
Bond
Election—At
the
general
voters
will consider the
issuance
$987,000 memorial gymnasium
and recreation bonds.
,
WYOMING
BuyU.S.Savings Bonds
REGULARLY
"v
?
$13,200
1967. Dated
'
—
At
an
election
to be held in November the voters
will
consider
the
issuance
of
It
is
stated
that
paving
(P. O. Rawlins), Wyo.
Bond Election
—
bonds were pur¬
chased recently by Dawson, Mc¬
Lean, Ltd.* of Montreal, at a price
of 99.47, a net interest cost of
about 2.93%, divided as follows:
$10,800 as 2y2s due in 1948 to 1957,
and
Carbon County, Rawlins Sch. Dist.
Sale
Bond
$24,000
Bond
000
as
3s due in
issue
Sept.
29
by
of
$100,-
was
pur¬
McNeil,
;•#.
mm
-v—
Ask where you
Louiseville, Que.
Sale—An
on
'■m
July 1, 1947,,
improvement bonds
chased
1958 to
mi.
fl
j
par.
Dorval, Que.
election to be held on Nov. 4 the
*
purchased
dated
QUEBEC
School District
(P. O. Milwaukee), Wis.
r
to 20 years.
fol¬
lows:
)
10 years.
to
Co., of Vancouver, and Associates,
at
L'ermite
Paul
Bonds
White fish Bay
$600,000 construction bonds.
#
7
school
$330,000
purchased on Oct.
syndicate composed of
was
Interest M-S.
formal notices 'of sale,
#
Sold—A
WISCONSIN
Unless the bidding form
Worth, Texas, and San Francisco, Calif.
Bonds
bond issue
Mantha, Inc., Banque Canadienne
Nationale,
and
the
Societe
de
Placement, Inc., all of Montreal,,
jointly, at a price of 98.09, a net
interest cost of 2.785%,' as fol¬
lows:
$67,000 as 2V2S, maturing
from 1949 to 1963, and $33,000 as
2%s, maturing from 1964 to 1967,.
to
Collier, City Treasurer, that the
following Local Improvement Dis¬
trict bonds are called for payment:
a
from the issuer or from
29.56
tCurrent
redemption
values,
tlncludes matured
bonds which have not been presented for payment,
illncludes Series A and B (ma¬
tured), and therefore does not agree with totals under interest-bearing debt on Public
debt levy in the District.
series of
Counsel, Public Housing Administration, Washington 25,
E-1943
repre¬
Nov.
Nov.
"or from Regi6inal Counsel, Public Housing Administration, ia
cities of New York City, N. Y.;
16.83
;
Series
by a balance of $105,000
$125,000 serial issue of May
works
of
copies of such bidding form may be obtained
the General
18.88
435
CANADA
1948
WASHINGTON
1948
1948 Lewis County, Chehalis Sch. Dist.
No. 302 (P. O. Chehalis),
1943
Wash.
1948
1948
Bond Sale Details—In connec¬
1948 tion with the sale of the $275,000
1948 school bonds to the State, as l%s,
1948 reported in our Oct. 6 issue—v.
1948 166, p. 1403—we learn that the
1948 bonds were sold at par.
1943
1948
Seattle, Local Improvement
1948
Districts, Wash.
denomination specified in
required for a particular issue is set out in the
.p. C.,
984
38
$4,734
A-D
E-1942
serial issue of
No bid for less than $50,000
bidding form approved by the issuer.
229
523
Debt—Outstanding
Nov.
May
Proposals for the purchase of Notes are required to be submitted
a
1,213
Series
estate.
Nov.
Nov.
denomination than is otherwise specified.
in
20.74
real
impose
bids, and in comput¬
part of the
of the lowest
815
I_III
1948
proposal; provided, that one note may be issued in a smaller
such
23.34
213
charge, to be assessed and collect¬
in
proposal will be prorated and said notes will be issued in de¬
such
509
E-1941
tax will be levied for the payment
proposal are awarded by the issuer, the premium, if any, offered
nominations
71.43
155
general
principal amount of said notes or for less than par and accrued inter¬
est
94.60
664
1,02 V
D-1941
Series
bonds will be
9,
30,
25,
30,
30,
30,
30,
issuer will take into consideration any
premium which any bidder offers to pay.
96.86%
25
UG8
'•
Issue—To
of
30, 1948
Said notes will be awarded at the lowest
such interest cost the
ing
$9
433
420
"I
Series
the
Nov.
to
part of the notes which such bidder offers to
net interest cost to the issuer
V
$247
583
Total
provide
construction of a
sewerage
system
(20
sanitary
miles of mains), a complete treat¬
ment plant and central pumping
station, designed to accommodate
a population of 10,000, or approx¬
imately double the present esti¬
mated population.
Purpose
funds
which has made is unnecessary
separate interest rate is bid. The issuer reserves the right to award
any
D-1939
Gates, Director of Finance:
said notes for which a
offered for sale or for each part of
purchase in his proposal.
Amt. Issued
463
by
has been
30, 1948
be for all or any part of each series of notes and separate pro¬
are
Outstdg.
$255
C-1938
Series E:
166, p. 1532-r-the
supplemental informa¬
Nov.
Bidding—The Notices of Sale will provide that proposals
posals will be required for each series where more
notes
Redeemed
(matured)
(matured)
B-1936
Total
13—v.
J. A;
tirely
$39,740,000
may
Redeemed of
C-1937
Series
offering on Nov.
Bond Call—It is stated
Plan of
A-1935
Series
Series
Nov.
602,000
757,000
208,000
14,700,000
1,980,000
295,000
434,000
1,430,000
367,000
1,602,000
3,653,000
1,511,000
4,482,000
Newport News, Va
Oakland, Calif.
Portsmouth, Va.
Series
Series
5, of the $675,000 coupon series A
construction bonds, described here
doubt
Maturity
Amount
$623,000
378,000
1,675,000
5,043,000
Authority
Alexandria, La.
Anaconda, Mont
Percent
1,
Offering—In
gregating $39,373,000, by 16 local housing units, scheduled for Oct.
28.
totals)
to
tAmount
sented
Authority
Note
add
necessarily
Issued
County Sanitary Dist. No. 5
Present
STATES
Federal Public Housing
Local
not
(P. O. Richmond), Va.
of
Revised
will
"Amount
Series D-1940
bonds
UNITED
and
Series A-D:
VIRGINIA
1972 incl.
1948 to
from
bonds.
ment
millions- -rounded
"Amount
B.
of
Bond Sale—The $15,000 water
Refugio County Navigation District
(P. O. Refugio), Texas
works system
bonds offered on
Bond
in
Proposed Plan of Servicing This
Election—At
Bond
T exas
amounts
Series
bidder was Kenneth
Hill & Co., for 2s, at 100.76.
Texas
Dist.,
Sch.
Co., of Fort
&
Dated July 15, 1947.
Tyler County
Indep.
recently by Wil¬
Edwards
N.
Worth.
(Dollar
second
highest
Texas
$350,000
construction bonds
purchased
liam
*
Arthur
&
Consolidated},
Common
2V4%
and
was
Aug. 15, 1947. Legality approved
by McCall, Parkhurst & Crowe,
Port
The
inclusive.
following
School District,
..purchased recently by the Dallas
Union Trust Co., of Dallas. Dated
of Dallas.
i:
issue
road
Gibson
Bond Sale—An issue of
Texas
Bond
1968
tion
Road District
(P. O. Weatherford),
1
to
Bond Offering Details—In con¬
Oct.
Seminole
Parker County,
Savings Bonds Issued and
Redeemed Through Sept. 30,1947-
1967, incl.
proved
by
Gibson,
Boothman, of Austin.
Oct. 7 election.
No.
ing bonds
v. 166, p. 1532 — were purchased
by Elwell & Co., of Boston, as 2s,
at a price of 101.08, a basis of
1.909%. Dated Nov. 1, 1947. Inter¬
est M-N.
Due serially from 1948
1, from
1, 1947. These are
the bonds authorized at the elec¬
tion held on Sept. 16. Legality ap¬
of
United States
Vt.
Dist.,
$60,000 refund¬
offered on Oct. 13—
'
Dated
issue
An
and
considered
be
the
at
water
—
Sch.
Bond Sale—The
incl.
Election
$300,000
Oct.
on
40,000 public building bonds. Due
on Oct. 1, from 1948 to 1967,
Odessa, Texas
Bond
Due
1948 to
$25,000
has been purchased
Underwood
>by R. A.
-Dallas.
bonds.
Graded
works and sewer
$210,000 water
McGregor Indep Sch. Dist.,
Brandon
Sept. 20 the voters
on
County (P. O. Brady),
VERMONT
Texas
an
$25,000 construction bonds.
bonds.
Bond
Voted—At
Not
Bonds
WORK
Ask where you
J
BANK f
■'
@FedFRASER