The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BUS. ADM.
LISRARf
MONDAY
Reg. U. S. Pat. Office
Volume
170
Number 4849
New
General
RAILROAD
York, N. Y., Monday, October 24, 1949
Abbott Laboratories—Common Listed
on
INDUSTRIAL
-
INSURANCE
-
San Francisco
plus
*
admitted
was
Stock Exchange at the opening of
i
Raymond
E.
the
to
list
business Oct.
of
the
18.
In This Issue
*
paid
in
the
on
since
stock
common
The stock
has been
split
1929
in
three
addition
times and
to
stock
two
Stock and Bond
New York StoOk
divi¬
stockholders received
New York Curb Exchange.
Co.—Earnings—
Period End. Sept. 30—
sales
Wet
~
,
1949—3 Mos.—1948.'.
Operating
income
5,367,338
'
Federal
Net
taxes
income
of
Wo.
Wet
170,
1,017,584
—$929,221
shares.
income
—v.
569,523
2,039,588
$3,327,749
1,986,648
$1.68
Philadelphia-Baltimore
Pittsburgh
St.
"«
become
shall,
Wooten
A.
Chairman
of
Chairman
Wo successor
to
has
Near
the
Alaska
of
Mr.
resigned
President
as
East
Air
Airlines,
Wooten
has
corporation
Transport, Inc.,
Inc.,
been
170,
to
stockholders
value
par
lour
Oct.
stock
common
shares
new
shares
on
be
to
outstanding.—V.
17
voted
from
170,
increase
to
1,000,000
issued
shares
in
exchange
1489.
p,
Ambassador East, Inc.—Partial
There
have
15-year
first
interest
at
been
called
mortgage
rate
Payment
1949.
the
will
trustee,
of 5%
be
per
made
115 West Monroe
American
bpnds
the
St.,
31-
SUBSID.
Chicago, 111.—V.
(&
—
Operation
Maintenance
Savings
1685.
1,023,693
1,000,739
12,172,533
14,929,646
14,617,910
13,334,849
1,160,293
915,826
1,016,292
taxes
Operating income
Transportation, gas ahd
2,739,905
151,547,507 138,175,443
62,303,656
57,904,104
Exchange
Combined
Other
Condition
12,547,185
34,188,913
Dr281
1,546
158,757
89,543
—
14,783
1,088,116
Amort,
°
of
2,829,167
2,466,285
35,291,311
32,854,536
705,389
686,311
8,596,332
7,842,883
debt
plant
adjustm't
int.
24,937
24,937
299,243
299,243
deduct.
59,736
51,023
491,123
572,206
and
Interest charged to con¬
struction
(Cr)
Special
of
charges
in
84,582
35,554
Int.
45
Statement of Federal
Divs.
Undistributed
come
of
—„
stocks
net
3,150,953
3,066,693
subs,
This
Aug.
the
on
number
completion
shares
of
the
of
of
stock
common
offering,
present
received
on
3
the
to
out¬
be
figures
1948
1949
$250,514
—
bonds—.——
1,863,973
1,466,867
23,311,743
20,648,318
600,000
14,637,784
13,842,670
income
Gross
Interest
on
'456,774
—
866,867
8,673,959
6,805,647
GAS & ELEC.
Preferred
$289,674.
Net
above t
(as
Income
Co.
Elec.
subs.
Divs.
on
Electric
Total
Expenses
Co.
2,347,499
666,714
15,284,259
14,648,180
i___
132,515
65
185
606,682
11,001
$211,535
$78,579
$69,335
$110,872
outstanding-..—
355,875
355,500
355,500
share———
$0.62
$0.59
1,533,767
24,101,734
22 ,073,254
54,985
tax—
629,374
626,519
38.846
deductions
34,535
43,178
489,064
815,237
525,935
806,515
128,943
stock
42,977
60,017
for
tEst.
System
common
60,017
720,209
720,209
Fed.
1,608,098
1,353,009
21,447,850
19,394,076
earns,
stock-
income
Adjusted consol.
ings for
tax_
32,978
£>r87,083
earn-
stock
com.
sh.
•Loss.
be
of com.
tOn
received
as
Tentative
1,353,009
21,360,762
American
solidated
stock
19,394,076
by
net
income
parent
subsidiaries
of
$4.33
expected
to
company.
&
earnings
Electric
for
of
has
July 1,
1950), $1,000,000;
shares), $355,875;
355,875
AS
$31,692;
iat
been
made
cost,
OF SEPT.
accrued
less
for Federal
30,
income
4,846,788
17,408,925
14,637,259
3,767,968
«
3,147,113
13,558,456
12,195,839
10,407,300
46,148,553
43,647,435
126,544
402,139
257,028
10,533,844
46,550,692
43,904,461
2,771,339
11,405,446
10,641,555
551,739
285,901
579,788
2,244,455
2,299,797
280,700
355,528
768,903
6,902,017
32,545,263
30,194,171
1,163,386
1,293,582
5,037,303
5,155,451
235,667
192,576
967,974
399,405
6,348,935
5,415,859
26,489,986
24,639,315
6,348,935
5,415,859
26,489.986
24,639,315
14,153
6,348,935
__
.
income
5,379,109
26,504,139
157,720
189,077
450,841
429,113
191,078
175,285
788,099
766,790
6,000,137
5,014,747
25,265,199
23,443,407
Stores Co.—September Sales 1.7%
Lower—
—
—-
,
24,639,315
surplus
or
unearned.—V.
170,
p.
1490.
1949—Month—1948
1949—6 Mos.—1948
$30,433,514 $30,981,831 $202,164,887 $201,044,487
American Trusteed Funds, Inc.—Files—
rate
company
Oct.
on
"Lexington
Leaders Sales
Trust
17
filed
Fund
a
registration
shares."
for
payable,
$3,061;
stock of
option
secured
warrants,
no
par
purchased,
$2,-
amortization
bank
value
p.
of
covering
Distributor—Corpo¬
304.
Arabian American Oil Co.—Oil
Output—
months
of
barrels
a
of
crude
1949
was
calendar
petroleum
in
Saudi
Arabia
130,947,247- barrels, or
day, it was
announced
an
by
in
the
this
13.
first
of
average
of
loan
(due
option
common
entitling
stock
$12.50
at
St. Louis Listed and Unlisted Securities
a
685.
the
Co.
12
reported
months
that
ended
American General Corp.
This
corporation
several
Under
the
Sept.
the
stock
of
American
General
Established
Corp.
and
Members
General
New York Stock
exchange offer each share of American General Corp. $3
may be exchanged for two shares of
its own common
con¬
and
30,
were
preferred shares may be exchanged
1871
300 North 4th St., St. Louis 2, Missouri
Corp.
stock
tentative
1949
Edward D. Jones & Co.
and
preferred
exchange for common
preferred
Exchange Offer Effective—
The Equity Corp. are
offering holders of their
stocks
the
privilege of
tendering the shares in
1% shares of General Reinsurance
common.
for one
share
The
of
company's $2.50
Its
own
common
on
Oil
run
in
the
refinery
in
the
same
period
amounted
36,463,184 barrels, a daily average of 133,565.
During September crude production was 12,366,693
barrels, a daily
average
of
412,223.
Crude
petroleum
at
processed
the
company's
refinery at Ras Tanura was 3,657,442
barrels, or 121,915 barrels a
day.—V. 169, p. 2310.
(outstanding,
warrants
nine
479,660
company
$574;
outstanding
shares
statement
General
Co., New York.—V. 155,
to
capital surplus, $9,800,864; undistributed investment income, $1,668,256; less net losses
on
securities sold and capital gain
dividends, $7,007,?61; total, $5,820,869.
p.
18,918,152
4,129,051
15,812,644
997,379
——
taxes
800,000
Oct.
1949
interest
reserve
common
NOTE—There are issued and
the holders to purchase 19,125
$
2,858,414
(as above)—
Production
"regulated
$98), $5,786,935; total, $5,320,369.
LIABILITIES—Accounts
Reinsurance
Earnings for September Period—
Gas
banks,
securities
bonds
share.—V. 170,
$4.77
undistributed
dividends
$
3,739,147
99,460
company
of subs...
American
$129,201 in 1949, $482,889
,
on
1949—12 Mos.—1948
$
~
1,641,076
Consol. System earnings
per
ACCOUNT
.
investment
subsidiaries
of 6,243,000
year.
3,445,178
res.
——,
income
"
premium
last
of
Dr36,750
surplus
income
The
tax.
242;
1,890,789
•
Consol.
investment company," no provision
SHEET
increase
an
week
61,891
♦Before net profit on sales of securities of
1948 and $241,180 in 1947.
in
Union
1490.
11,444,042
$0.71
BALANCE
rounder.
p.
44,448,263 191,283,605 175,630,567
21,310,536
92,716,749
83,973,141
•4,850,790
1,028,534
4,077,345
(net)—
Per, End. Sept. 30—
142,200
common
ASSETS—Cash
taxes
pfd.
in
per
and
Morrill,170,
&
$314,963
142,200
—
period
shares
12,944
un¬
income
income
on
Common
for
divider
7,747,988
to
Balance
50,472
NOTE—In view of the company's election to be taxed as a
__
net
misc.
&
Federal
6,805,647
♦Earnings
income
and
Dividends
8,673,959
City
subsidiaries
of
866,867
stock
income and
distrib.
Int.
consol—
com.
Atlantic
Misceli.
'456,774
Gas &
(parent):
From
of
'Surplus
.
of Amer.
taxes
taxes—
_
equity
Other
30,417
50,777
142~200
—
roll
$395,853
27,351
—
dividends
acquisi¬
5,931
$220,779
—..
__
the
Company:
$389,922
18,542
39,374
,
dividends
Common
income
net
20,509,212
Sales-—
income
Jersey
American Power Light
CO & SUBS. CONSOL—
Undistrib
expenses-
equity of
Total
con¬
'Net
<*/ '
$
income
Income
15,167
loan
Expenses and general taxes
Place,
announced
kwh.,
INCOME
per
$275,320
>
———
bank
pre¬
$2
1947
$271,132
24,805
—
the
the System inputs of
45,255,641
Expenses '
Dividends
$2
pre¬
Co.—Weekly Input—
1949,
corresponding
t
Balance
$4.36, $4.29, and $3.84, respectively.—V, 170, v. 1490.
9 Months Ended Sept. 30—
14
1949—3 Mos.—1948
'Preferred divs. to public
Portion applic. to minor.
months ended Sept. 30,
12
of
of the
to
Exchange
to
earned
2,320,748
13,
the
over
depl.
appropriations
Transfer
46
———
and $4.27 for the
Oct.
to 236,435.000
adjustments
shares of common stock outstanding
with the figure of $4.77 for the 12
compares
31
the
on
upon
would be
Interest
in¬
solidated
AMER.
264,286
Based
share
641,721
for
stocks
common
on
2*59,714
stocks—
Balance * "earned
common
1948.
ended
standing
share
per
date.
One
Amortiz. of plant acquis.
46
....
216,528
53,339
Oct.
public & other
deductions
(net)-.
American European Securities Co.—Earnings—
8,415
pfd.
on
$4.84
that
months
lieu
taxes
Divs.
611,472
to
of
as
entitled
automatic
an
revenues
income
Net
equal
on
7
246,930
1,341,982
electric
acquisition
Other
___
long-term
on
becomes
share
one
holder
any
Joiiet, 111., in 1914.
John
to serve In that capacity.—»(.
amounted
••
income
Gross
in
income
Gross
Int.
receive
in
ended
retirem't
Other
-46
Payable
System
25,000
11,344,582
31,265,624
,
manufactures
week
Federal
reserve
45
—
—...—
Reserve
will
offers
Corp.,
Chairman,
founded
2.71%,
Statement of Member Banks of
Federal
11,705,409
than
less
54
Capital Flotations for Month of September
2,305,982
also
company
Federal
Reserve Banks
if
company
Other taxes
Rates
Condition
who
General
Patterson,
was
interests
(net)
Other income
Foreign
13,504,500
1.292,555
1,079,839
Declared and
stocks
1389.
p.
Redemption Calls and Sinking Fund Notices_46
11,243,626
1,147,589
tax—_
•
City Bond Offerings..
Dividends
11,975,656
It
Opera^ng
Operating
General Corporation & Investment News-Cover
SUte and
170,
Subsidiaries:
.
The Course of Bank Clearings
$
5,576,525
j.
by
of Union Machinery Co. of Joiiet, 111., one of
leading manufacturers of bakery equipment. Its products
bread-dough dividers, rounder-prooiers, hoppers and dough
or
Prop,
1949—12 Mos.—1948
$
'•
Corp.
Period End. Aug. 31—
35
'
Equity
concurrent
CONSOLIDATED
.36
Miscellaneous Features
Bank,
12,187,648
4,899,067
——,
income
water
168, p.
v?
the
Transfer
this
the
kwh.,
'
Subs.)—Earnings—
1949—Month—1948
„_
Depreciation
Other
and
'
■'
'
•
CONSOL.-
Operating revenues
Federal
Trust
'
-
1, next, $146,200 of
1, 1952, at 100 and
April 1, 1949, to Nov. 1,
from
$
■
April
Harris
Gas & Electric Co.
Period End. Aug.
V
owned
acceptance of all tenders
the right not to accept
reserved
preferred
American Power & Light
For
National Quotation Industrial Stock Averages.35
„
by
of this
Exchange..—36
(Dow-Jones)
to
J.—V.
N.
Union
44
Stock and Bond Averages
of
of
President, will continue
Section_^___.43
Transactions New York Curb Exchange
Nov.
oh
due
annum
at
;
,
,
no
made
chutes.
40
41
Exchange—
terms
stocks
include
40
—
the
Morehead
39
Exchange......
shares,
the
of
its
stock
common
permit
pre¬
the country's
38
Stock
-
tion
—38
412,700
4,000,000
each
Stock
of
$2
common.
allotment
to
American Machine & Foundry Co.—Further
Expansion
Exchange._—38
Exchange
Transactions New York
Redemption—
for'redemption
income
authorized
the
to
for
Stock
Stock
be
City,
—37
Exchange
Toronto Stock Exchange—Curb
Over-the-Counter Markets
Algoma Steel Corp., Ltd.—Split-Up Approved—
The
Francisco
Toronto
485.
p.
37
Stock
to
also
the
subject
stock of American General under the
Equity offer may tender
shares for exchange under the American General exchange offer.
The exchange offers of both the
Equity and American General cor¬
porations expire at 3 p.m. (EST), Nov. 10, 1949, and all tenders must
37
—
Exchange
Reinsurance
has
be
such
—37
Montreal Curb Exchange
R. W. Mar¬
on
Oct.
14.
announced
named.—V.
Stock
Montreal
this
of
Stock
Louis
San
Alaska Airlines, Inc.—President Resigns—
James
Stock Exchange
exchange
will
ferred
36
Los Angeles Stock Exchange—j.
$5.14
-
ferred
36
———
Detroit Stock Exchange..
$5,102,270
993,324
$1.67
$0.48
589.
p.
Cincinnati
Under
31
Cleveland Stock Exchange
8,229,467
3,127,197
$1,660,269
993,324
1,986,648
share..
per
C
..
$41,418,057 $43,973,808
General
insufficient
General
while
common,
General Reinsurance
of
offer
share of Equity 20c dividend preferred
preferred stock of American General.
27
Chicago Stock Exchange
1949—9 Mos.—1948.
$12,767,405 $14,360,257
*'•
1,498,744
2,677,853
——
is
this
General Reinsurance common would be deliverable by it.
the Equity Corp. exchange offer each share of the
company's
$3 convertible preferred will receive one share of $2 preferred stock
and two shares of
common
stock of
American General Corp.
Each
-15
(Bottds)I——
Boston Stock Exchange.
for
shares
Under
Page
The
■
available
American
tenders
Reinsurance
1%
tenders under
shares of
Exchange (Stocks)
New York Stock Exchange
Acme Steel
event
General
receive
of
General
any
Quotations
%
,
rights to subscribe to common stock in 1939, 1944 and 1946.
present dividend rate Is $1.60 annually and extras of $0.05 each
paid in the last two quarters.—V. 170, p. 297.
were
the
of
will
American
valuable
:
shares
shares
received.
Horn,
Western
dends.
1%
Acceptances
Francisco
San
President of Abbott, stated that listing on the
exchange was sought to provide a regional market
lor
the company's
growing list of1.Pacific Coast stockholders.
The
.company has earned a net profit each year for more than 40 years
while sales during the past 20 years, with one exception, have been
successively higher each year.
Regular quarterly dividends have been
major
'
stock
common
MISCELLANEOUS
-
ferred
Exchange—
The
Copy
a
Corporation and Investment News
PUBLIC UTILITY
■
Price 75 Cents
St.
New
Exchange
Exchange
Chicago Bd. of Trade
Louis Stock
Chicago Stock Exch.
York
Curb
Exchange Associate
Phone
CEntral
Bell
SL
7600
Teletype
593
Arkansas Power
Trust Co. of New York, corporate trustee of the
mortgage bonds, 2%% series due Oct. 1, 1970,
appointed paying agent and registrar of this series.
$2,445,077
Operating revenues
Operating expenses
Federal
11,840,552
retire.
or
2,374,787
97,699
1,466,271
1,454,587
Operating
Carrier
214,276
153,449
2,250.102
1,959,055
27,520
337,738
336,325
$564,154
$392,185
$5,348,597
1,286
35,666
25,028
income
income
$17,976,603 $19,207,764
$18,080,240
8,471,043
(1,011,328
8,099,745
3,146,386
3,296,097
$7,601,324
$6,579,007
$5,709,053
51,639
19,818
34,024
$7,652,963
$6,598,825
1,143,746
2,575,686
904,337
$5,743,077
711,997
2,264,783
2,032,599
$3,429,704
$2,998,480
10,375,279
—
.
j
—
expenses——
974,745
the
operating
Net
—
—
income
Gross
_1
income
income
Other
C.
—
'
'
for
•Provision
$4,665,223
Prem.
amortization.—
and
Interest
$5,384,263
$393,471
$574,251
—
operating
$4,640,195
10,097
income-—
(net)
Operating
——
notes
doubtful
for
217,124
3,354,746
93,123
—-—
expenses
Provision
183,119
3,261,278
18,106
162,873
income—.
income
2,443,508
28,770
Gross
Total
189,664
(net)
Other
$22,605,501
270,915
appropriation,—
for lease of plant
Rent
$2,134,367 $26,236,584
1,273,850
14,390,368
on
operating
Other
145,006
deprec.
res.
'
1,221,956
taxes
Other taxes
Prop,
1949—12 Mos.—1943
1949—Month—1948
$17,813,730 $15,745,258 $14,415,247
-
instalment botes re¬
ceivable previously
written off—
Carrier operating revenues...——
ACCOUNT
COMPARATIVE INCOME
Period End. Aug. 31—
notes
Recoveries
'stock
instalment
and charges on
receivable
Interest
has
first
been
Federal
notes
on
'
-
taxes
income
137,826
purchased
rec.
.
102,834
"1,461,301
$290,637
$3,348,049
period——
608,609
608,609
$3,314,353
$2,739,440
the
for
.
Ltd.—Registers Bond Issue
The
company
has filed with the SEC a registration statement
covering the proposed offering of $9,000,000 in new first mortgage
(bonds. The interest rate on the proposed bonds will be set at com¬
petitive bidding. Company will use the proceeds from them for con¬
Co.,
Associated Telephone
improvements.—V, 170, p. 1491.
property
and
struction
Chemical Co.—New
UNDERWRITER"#—The
162,503
1,429,860
Manager,
member of the
Percentage
This
this
Is Vice-
j, mated
To Pay Small
be
to
The
v*1: v-■
"■
■
payments
for
,
;
creased
,
stock
ferred
fiscal
the
for
of
r
common
•
State
Net profit
-
•
and the future, Walter H. .Beech,
Board, stated on Oct. 12: "Gross
ended were approximately $20,000,000.
diversified between
is
people.—V, .170,
2,500
products,"
1390.
diversified
and
models
Issue
awarded
was
S2.20
at
$102.40
share.
a
stock held of
common
record
Oct.
A.
increases
rate
pany
Oct.
fective
21,
D.
Commission has granted this com¬
totaling $17,963,000 a year. The new rates, ef¬
$7,742,000 under the amounts requested by
•
taxes
.
Other
The
financial
position," Mr. Gillen said.
stated,
"It will be necessary
of
which
1951
increase
in
expanding
and
based
was
improving
the
on
revenues."—V.
gross
■
for us to revise our
telephone service in 1950 and
expectation of a $25,000,000 annual
Gillen
Mr.
program
'
year, or
$14,400,000 after
the company in a sOund
170,
1491.
p.
Oct.
shares
5
(no
a
letter
par)
of
notification
stock,
common
was
to
sold
be
the SEC
with
filed
in
behalf
of
for
R.
(between $13 and $15).
writer, Gor'don Mceks & Co., Memphis, Tenn.—V. 170, p 2.
Webster, Montreal, Canada, at market
The
Commercial
William
Dana
offices:
135
as
and
Financial
Seibert,
S.
La
Chronicle
President;
Salle
St.,
•OTE:
Union,
On
$35.00
account
of
per
the
(Reg.
William
D.
GIVING
25,
year;
and
1949
1,
to
proposes
to-Dec.
EFFECT
31,
PRESENT
TO
make con¬
in an
1951,
OFFERING
Outstanding
Authorized
$10,644,000
35,000 shs.
173,234 shs.
35,000 shs.
($50 par)
233,000 shs.
—
(Mass.),
The
6,600
Howard
Under¬
electric power generating company.
company,
upon
its
In
the
organization
in
1912,
acquired
of
Canada,
rate*
of
$38.00
electric
&
directly the gas properties of
Eastern- Utilities
stock
exchange,
the
Pawtucket Electric Co.
and of
Woonsocket Electric
Power* Co., and the gas properties of Woodsocket Gas Co.
and (through stock control) of Pawtucket Gas Co.
In 1923. it acquired
its initial stock interest In Montaup Electric Co. and in 1928 became
a
subsidiary of Eastern Utilities Associates..
In
1935
it acquired
of
properties
of
the
Associates
company,
Pawtucket Gas Co.
owns
92.28#
represented by
of
99.17#
the
per
year.
remittance
$5,003,387
4,603,205
672,089
94,759
99,354
$118,498
33,315
$$271,907
32,199
$151,813
$$253,562
162,500
60,000
$91,813
$$89,562
$180,787
$91,813
276,000
276,000
$$89,562
276,000
$0.90
$0.33
Nil
$380,088
taxes—
—___
18,345
Cr164,000
:
—
69,000
—
for
period—
outstanding.
shares
Common
common
per
income due
share —
to
Federal taxes on
$Loss.—V. 168, p. 1140.-
of prior
carry-back of operating loss.
refundable
•"Estimated
Burlington Mills
portion
years
Corp.—Plans Plant
Improvements-
corporation will spehd about $40,000,000 on plant improvement#
and new machinery during the next three years, said John C. Cowan,
This
Jr., President,
Cowan
Mr.
on Oct. 19.
said most of
this
1
:
money
*<
will go
for
"rounding out"
present-plants.
A few year? ago the corporation considered 200 looms
to be the suitable number for a single plant's operation.
But now it
has set from 400 to 500 Ipoms as the appropriate number.
The corporation has just broken ground at its Ossipee, N. C., plant,
site to expand the number of looms.
.
Oiher funds will be used to install more refrigeration equipment in
all plants.
Mr. Cowan
■ •
said
new financing would be required, but he added:
considerably, we might have to curtail the'tai!
spending."
He indicated that if business im¬
proved during the three-year period, the estimated capital expenditure
figure might be hiked.
'
Should the corporation spend during the three fiscal years the full
amount it now plans for improvements, its capital expenditures will
be running at about the same r*tf as in the past four years, when- a
total of about $63,000,000 was spent,
Mr. Cowan said the results of the fiscal year ended Sept. 30, 1949,
earnings
"If
of
end
no
drop
planned
our
operations will show up as "reasonably satisfactory,", but
as good" as in the previous fiscal year.—V. 170, p. 299.
'"certainly not
'
Light
Pov^r Co. of Montreal—Plans
Share Asset Distribution—
%
Canadian
Per
An
distribution
asset
of
$20
share is planned by the directors,
$20 per
approval of rata-ble distribution of remaining assets by
at a special meeting on Oct. 26.
.
The Quebec Hydro Commission has provided the $2,519,700 required
to retire the first mortgage bonds in exchange for all the immovable
assets of the company including its power plant at St. Timothee,
James Wilson, President, reports.
#
The lease of the old Beauharnois Canal was cancelled in considera¬
subject
to
stockholders
tion
of
Dominion
of $80,000
Government.
payment
Estimated
$844,564
capital
shares) of the
outstanding
(171,804
assets
of
the
under
company
available for distribution
an
are
among
(Continued
agreement
made
with
the
at
stockholders after providing
shown
on page
Place, New York 8, N. Y., REctor 2-9570.
Herbert D. Seibert,
(general news and advertising issue) with a statistical * issue
London, E. C., England c/o Edwards & Smith.
Copyright 1949 by William B. Dana
Act of March 3, 1879. ' Subscriptions in United States, U. S. Possessions, Territories
Other Countries, $42.00 per year.
for foreign subtcrintlons and advertisements must be made In New York funds.
U. S. Patent Office) William B. Dana Company, Publishers, 25 Park
Riggs, Business Manager.
Published twice a week [every Thursday
in Dominion
617,197
etc.
plan-
profit
Earnings
1973————___$11,300,000
3, 111.
(Telephone State 0613); 1 Drapers' Gardens,
1942. at the post office at New York. N. Y., under the
fluctuations
3,525,520
673,251.
$249,787
income
Surplus
'
of
Chicago
second-class matter February
American
made
pfd. stock ($100 par)
Machine
Berry Motors, Inc., Corinth, Miss.—Filing—
On
Co.
1947
$4,412,028,
income
Dividends
AND BUSINESS—Company was incorporated by Special
Legislature of the State of Rhode Island adopted April 23, 1912,
and is engaged in the electric and gas utility business and, incidentally,
in the sale of electric and gas appliances and by-products from its gas
manufacturing operations.
It also owns stock of Montaup Electric
Act
1
has been
been made
1948
1949
charges—
refund
Net
HISTORY
November would have increased
last
filed
petition,
company's
revenues
by about $25,000,000 a
taxes.
"This amount
is
needed to
put
gross
$0.06
$412,287
less
Total
Tax
at
and coll. -trust bonds:
series due
Common stock
$10,452,000."
only
4.25%
has
3,933,863
profit
income,
Federal
approximately $3,522,000, of which approximately
applicable to the electric properties and $881,000 is
is
First mtge.
3%
-
.,•
Personnel—
who
$5,030,502
—'
—
sales——:
of
Sell., gen. and admin, expenses,
1949.
19,
.
.
1,082.454
,
Vice-President,
Executive
succeeding
R.
L.
Warren,
the board.—-V, 168, p. 2679.
"Prov. for employees retire.
net proceeds will be used first to retire the out¬
shares of 6% preferred stock and the balance will be
CAPITALIZATION,
increase in revenues allowed
company's financial requireincrease will
net the company
$17,963,000
the
Nil
Ended June 30—
sales
Cost
applicable to the gas properties. • Such expenditures through July 31,
1943", aggregated approximately $641,090.
The program contemplates
no
major construction projects but expenditures will be made,
in
general, for the purpose of improving, strengthening and expanding
the company's utility facilities.
■
Gillen, President, said:. "The
commission falls short of the
After
.ments.
1,082,454
(The) Bullard Co.—Earnings—
with
share,
a
are
company.
the
12,942
$2,641,000
,
W-
formerly
Mengle,
of
6 Months
Net
to provide for construction expenditures.
CONSTRUCTION—Company has
expenditures from Jan,
Co. of Pennsylvania—Rate Increase—
64,280
11,074,510
$0.61
President,
Chairman
preferred.stock of record Oct. 19, 1949, are offered the
amount -estimated
Public Utility
Pennsylvania
662.349
underwriting
Other
struction
-
p.
Bell Telephone
The
standing
;
1,082,454
——_i.—__——
outstanding.
5,720
Cr70,000
'
420,000
taxes—.
Brockway Glass Co., Inc.—Changes in
Glenn
The subscription and exchange offers expire at 3:00 p.m. (EST) on
Oct. 31, 1949.
Any. of the 14,372 shares not taken pursuant to the subscription and
exchange offers, plus the 20,628 shares not subject to such offers, are
to be purchased by the several purchasers.
used
corporation currently employes
The
1,074,510
Includes costs and fees under
elected
PURPOSE—The
aircraft and non-
between commercial and government business,
and
totals
approximately
$13J)00,000.
This year's sales of the
Beechcraft
4-place
Bonanzas
and
the 7
to 9-place
twin engine
Beechcrafts have been good in view of a general downward trend in
commercial aircraft production.
Prospects for sales during the next
12 months look encouraging due to a steady demand for our current
and
business,
aircraft
income
178,819
117,507
cost-plus-a-fixed-fee contracts. tLoss.
tExcludes 162 additional B-50s for which the company had received
authorization
to
proceed
with manufacture.
SIncluding additional
write-off of $5,900 000 reouired to reduce the accumulated charges on
the Stratocruiser project to proportionate sales value.—V. 170, p, 1290,
*
adjustment of dividends.
Shares of 6% preferred stock not surrendered
pursuant to
the exchange offer will be called for
redemption on
Dec. 1, 1949, at $115 per share plus accrued dividends.
...
650,253
190,557
'
Holders of 6%
the
just
V
Earnings per common share
held on
stock
and
Common shares
right to exchange their stock for new preferred stock, share for share,
plus (a) $12.60 per share adjustment of redemption price and (b) an
past
backlog
work
present
year
.1834,792
891,792
^
„___
•
sales
by
of
income
Federal
,
«-
common
of
11.372,(JSC-
tl,192,017
___J__
J,082,349
.
tions.
the
share
—
from subs.
received
Dividend
Other
Operating
stock.
company's annual meeting will be held Dec. 8, 1949, at the
company's, office in Wichita, Kansas.
•
,
^ •
This corporation, except for its outstanding common stock, has no
other securities issued, and has no bank loans or ether like obliga¬
Our
each
for
the underwriting
proposals received
were: Estabrook & Co. and Stone & Webster Securities Corp. (jointly),
an offering price of $102%
on a $4.30 dividend, less underwriting com¬
pensation of $2.19 a share; Salomon Bros. & Hutzler, $102.35 a share on
$4.35 dividend, less $1,128; Harriman Ripley & Co., Inc., $105.50 on
a $4.45
dividend, less $1.71; and Kidder, Peabody & Co., $105.88 on a
$4.50 dividend, less $2.09.
'
'•
Common stockholders
(other than Eastern Utilities Associates) are
offered the right to subscribe at $102.40 per share, plus dividends to
Nov. l, 1949, for one share of 4.25%
preferred stock for each share
The
The
the
10 537.20S:
.23,254.595
Oct. 19.
directors
both
*37,062,578
-5109,742,783
and; Expense*———
Operating profit
19, 1949, plus a cash
adjustment; and 1,430
shares are subject to a subscription offer to certain common stockholders on the basis of one share of new pre¬
and drill wells.
Chairman
359,028,203 t307.713.647 226,557 II?
30—..
Jure
110,634,581
Costs
settlement of $12.60 and a dividend
Aircraft Corp.—25-Cent Dividend—
on Oct.
12 voted a quarterly dividend of 25 cents
per share on the 599,865 issued
and outstanding common shares "to
stockholders of record at the close of business Oct. 26, 1949, payable
on
Nov.
8,
19-49.
The dividend declaration represents the fourth
consecutive quartcly; cash dividend for Beech Aircraft's 1949 fiscal
year.
Similar dividends of 25 cents per share were declared Dec. "9,
1948, April 5, 1949, and July 13, 1949.
Prior to the close of the company's 1948 fiscal year, the corpora¬
tion on Sept.
14, 1948, declared a dividend of $1 per share on" the
common
stock.
And later, following its annual meeting last Dec. 9,
declared
a
stock
dividend of one-half share for each share of
orders,
■
194T <'
1948
1949
:
::
•
Sales.
Dir,—
<:
Subs.)—Earnings—-
,30—
,
.
Beech
on
Inc.; also on dissolution of the
on
Boeing Airplane Co.
Unfilled
to
sermann*
'
commissions
and
consider a proposal to dispose of
this corporation/including good¬
Oct. 10 filed a letter of notification with the SEC
12,560 shares
($10 par) capital stock, to be offered at $17 per
share Without underwriting.
Proceeds will be used for working capital
and general corporate purposes.—V. 168, p. 246.
■
company
Six Months Ended June
capacity of approxi¬
share of old preferred held on Oct.
Commenting
of
Co., Shelby, N. C.—Files—
Blue Ridge Insurance
The
'
Mt. Carmel, 111.—Files—
The company on Oct. 13 filed a letter of notification with the SEC
for 2,000
shares of -non-convertible ($100 par) preferred stock - and
6 000 shares ($1 par) common stock.
The shares are to be offered in
units of one share of preferred and two of common stock at $102 a
unit.
Underwriter, Sterling Grace & Co., New York. Proceeds will be
President
assets
and
for
tons of gold ore.
Daily capacity shortly will be in¬
2,000 tons and ultimately to 4,000 tons daily, Mr. Haussaid.",•':'; f ,,"•'1;
;■< /.;
With-gold selling from $40 to $60 an ounce in the open market in
i Europe and the Philippine Islands, the official United States price of
$35 per ounce must be increased eventually, Mr. Haussermann said.—
V. 170,-p. 879.
v;;
mately J.,800
.!
Barclay Oil Co., Inc.,
issued
will
9
Nov.
on
properties
t\
of
war
■(': The company's new mill currently has a daily
1574.
The
stockholders
the
will, to Federated Department Stores,
company.—V. 168, p. 1478.
$54,348 he
operating
predi¬
acquire oil leases
8.57
5.70
—
_•
all
^
damage aggregate $11,050,765, on
of $3,315,958 have been received, stockholders were
'' '. -</.
informed.
V
of
used to
.1
i
with $36,201,370 a year ago.
.
.
...... nnn
As of the result of this anticipated shrinkage of about $15,000,000,
Mr. White said the company would probably show red ink figures
around $1,500 000 for October compared with a net income of $2,508,422
in October, 1948.
This would be the first time that the road has been
in the red this year.
For September the company will show net rail¬
Birmingham (Ala.) Fire Insurance Co.—Rights—
way operating income of $2,095,730 and a net income of
y. Stockholders of record Oct. 5 are given the right to subscribe for
said
In September, 1948, the road reported a net railway
f 10,000 shares of common
stock (par $10) at $20 per share.
Rights
income of $4,218,460 and a net income of $2,134,143.
expire Nov. 10.
Proceeds will be used to enlarge company's insurance
Mr
White said his estimated loss of $1,500,000 for October is
business.
Sterne, Agee & Leach, Birmingham, Ala., are underwriters.—
cated' on conditions continuing as at present.
■
\;v ? .
v
He said the road has furloughed about 13,000 employees
which is V. 170, p. 1390.
down about as low as we can go."
The company has about 40,000
Blackstone Valley Gas & Electric Co.—Preferred Stock
employees on its payrolls at present.
'
Before the strikes, Mr. White said, the B. & O. management esti¬
!
Offered—A group headed by W. C. Langley & Co. on
mated a $13,000,000 net income for 1949.
He added, of course, that
Oct. 20 offered 35,000 shares of 4.25% cumulative pre¬
this estimate would have to be revised in the light of conditions since
then.—V. 170, p. 1491.
•
,
,
(
•
....
ferred stock ($100 par) at $102.40 per share plus accrued
V
•' '■.■■■
i
dividends from Oct. 1, 1949.
Baltimore & Ohio
Terminal RR.—New^
Of the shares offered, 12,942 are subject to fin. exchange
W
C
Baker, Vice-President of Operation and Maintenance, has
offer made to holders of the company's 6% ^preferred
been elected a director to succeed C, W. Van Horn, retired.—V. 166,
stock on the basis of one share of new stock for each
p.
_
170, p. 1431.
The
1941, prior to the Japanese
least as large as in
at
corporation's claims
which
compare
Chilago
!
Bloomingdale Bros., Inc.—To Vote on Sale—
<
_
invasion.
Baltimore & Ohio
■
Curtis
—_!
Peck
&
14.55
14.55
11.43
.—
Pressprich & Co
W. Scranton & Co._
Chas.
—V.
he said. The last payment was 23 cents in 1941.
;
Cash resources of the company approximate $1,500,000 after payment
of $1,500,000
for machinery and supplies under Eenguet's rehabillJ, tation and improvement program, Mr, Haussermann stated.
Gold-bearing ore reserves of the Company, he continued, are esti-
■
-'
Corp
Higginson
W.
R.
14.55
•
Paine, Webber, Jackson &
will
company
stock .-late
Weeks
&
Hornblower
Lee
16.10
14.55
Graham, Parsons & Co
,'
Wittenberg,
been added
RR.—To Show Loss—
R
B.
White, President, on Oct. 19 stated that this railroad had
been "hit a terrible wallop by the coal and steel strikes."
He said September gross revenues were $28,027,851 compared with
$34 893 273
a
year ago.
For October, Mr. White said, the road is
estimating gross at $21,500,000 because of the strikes.
This would
—
of the underwriters and
the per¬
be purchased by each, are as follow^:
Langley & Ca
C.
Hemphill, Noyes,
declare a small token dividend on the capital
year,
J. W, Haussermann,
President and General
I Manager, told an informal meeting of stockholders on Oct. 19.
The
directors
as
yet have not determined the amount of the dividend,
i
SmUh has been elected President and General
succeeding Herbert H.
Garis, who continues as a
(ward
of directors.
Mr. Smith, who is also a director,
President and a director of Vick Chemical Co.
Dr
Joseph R. Stevens (Technical Director), Robert R.
and Leslie W. Garner
(Treasurer and Controller) have
to the board.—V. 156, p. 954.
Mining Co,
Consolidated
Benguet
names
centage of unsubscribed shares to
$1,837,341
$1,645,846
2,383,100
$1.44
period
for
Token Dividend Later This Year—
.
President, Etc.—
W.
Marion
162,503
1,429,860
'gas.
20%
and
Adams
;
(J. T.) Baker
362,503
1,787,356
,
of the company are approximately"80% elec¬
Approximately 50%
of the electric operating
-'revenues of the company are derived from industry, the textile industry
accounting *or approximately 68% of the industrial electric revenues
and
machinery and metal working concerns accounting for approxi¬
mately 18%
of the industrial electric revenues.
The gas business is
principally residential which, together with space heating, accounts
for approximately 74% of the gas operating revenues.
$1,406,117
Common
shares
outstanding—
2,383,100
2,383,100
Earnings per common share
$1.37
$1.19
NOTE—Operations in Canada, resulting in net income of $18,828-in
1949,
$42,446 in
1948 and
$41,400 in 1947 are included.—V. 170,
p. 1182.
■
' «
i
■
•
'
- ■ .
Surplus
1491.
p.
$3,795,705
_
dividends-
preferred
stock
Common
company.
The operating revenqes
tric
W.
Balance
170,
income
Net
Cumulative
and
*"
'
$439,108
Income
;.
-V.
,
1,317,174
$3,922,962
135,145
(net)
ductions
'Net
de¬
other
&
interest
representing 86.28#
of theitotal
97.41% of the outstanding capital
36.9% of the outstanding common
stock
of Fall River Electric Light
Co. which, is a member of the
holding company system of New England Electric System,
a non¬
affiliated holding company.
The company, Brockton and Fall River,
own
all the outstanding capital stock of Montaup Electric Co.
The company has served substantially the same territory since 1912.
This service area
etxends throughout the Blackstone River valley in
northern Rhode Island and the principal communities are Pawtucket,
Woonsocket and Central Falls.
The electric service territory is about
147 square miles with a population of about 184,000, while the gas
service
territory
is
about 91
square
miles, with a population of
about 173,000.
There is no competition within the territory served by
stock
common
power.
Eastern also owns
of Brockton Edison Co. and
voting
1947
1948
1949
Ended June 30—
6 Months
outstanding
(& Subs.)—Earnings
Beneficial Industrial Loan Corp.
Co.—Registrar—
Guaranty
The
i8 700 000
also
& Light
Monday, October 24, 1040
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(1590)
2
by
Mr.
Wilson
7)
Editor and Publisher;
on MonaayJ.
Other
Company. Reentered)
and Members of Pan-
.
Volume 170
Number 4849
THE
The
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1591)
3
Capital Flotations in the United States During the Month of September
And for the Nine Months of the Calendar Year 1949
New capital issues for
September aggregated
839,
$165,017,-
Corporate financing for the nine months ended Sep¬
increase of $40,398,729 over the August total, of r
an
$124,619,110, and
tember, 1949 shows
with $484,501,869 for Septem-.
compares
ber, 1948.. As in months past, public utility issues
$3,909,401,537
•
Financing for the remainder of this
the next two years by electric
$174,556,386
and,,
year
utility companies will
with
ag¬
seth,
President
of
"It
Edison
Electric
95% represented
5%
follows:
estimated
from
come
the
Depreciation
principally
serves,
that
of
$2,134,950,864
led
the
with
next
came
list;
reserves
earnings
$930,000,000;
retained
in
other
the
re¬
business,.
August
domestic
and
be ascribed to
may
world-wide
conditions.
paucity of industrial financing is due
caught
up
new
Thus the
for
the
of
course
38th
financing followed the
consecutive
month,
The
West
L
Penn
trust
1
"
'
y
Electric
Co.
bonds, due Nov.
shares
mon
an
Pipe
•1
$31,000,000
sinking fund
Total
100,000 shares of 4.65%
collateral
Co.
of
(par $100) and 400,000
$22,100,000; '$12,500,000
2.70%
Oct. 1, 1960 and
an
com¬
'
'
''
Salt
;
SUMMARY
New Capital
OF
Lake
r;.:!
.
CORPORATE
83,400,000
Total
$
1,295,000
L—
231,172,085
383,241,331
39,260,000
First quarter——
1,048,709,533
April
it-
May—_
New
$
434,296,117
March
BY
1,056,250
294,929,400
J
f
43.8
604,461,3951
'♦
*1.007
*1.017
92
1,625,308,000!
1,000,510,000
99.727
*1.031
Total
for
Refunding
$1,183,976
175,490,232
681,905'
190,274,163
339,483,415
6,892,104
346,375,519
l;387,009
-315,984,763
.
4
Sep
I-
1949,
1948
326,179,400
'1
.
1
days
days
15
1 year
10-12 yrs.
12 years
30,519,224
1,242,007,042
62,825,474 2,250,408,632
i
110,476,174
' L.; •'
'
•'
■'
'
the
1948
1
of
Third
38,097,486
126,920,353
quarter—
673,108,846 ;
:
sold
on
and
Dated
AND
:
•
:
■
•
,
■,.
1947J
j,
3,909,401,537
fj
•
for
374,714,374
561,972,304
July
July
-91
1
day
Tax
-760,577,258 ' 277,783,073 1,038,360,331
624,094,427
'523,297,778
213,807,327
1,539,474,264j
;
|l96,921,136
$3,198,079 1,622,672,343
1,123,563,945
i 614,269,659
64,080,212 !
737,189,058
537,414,539'
737,105,105
125,726,255
112,461,407
'265,676,364
122,187,231
.Li
—
'
^
___
"918,426,902
360,374,893
1,278,801,795
1239,493,152
4,525,169,838
18,743,019
'442,924,576
627,493,105
494,500,121
2,802,568,105
; "I5,6o0,0o0
'
for
1
if.'.'■("
mi
'
1
|f-'
;;'
»"i
'
»n-".
.■ i
'
— ____r
^
J
11
i'-.
■_
L
*1,698,921,846
'
'
.
■■11
Treasury Financing in September
nounced the
of
the
Treasury
Snyder
on
offering, through the Federal
day
day
8
91
15
91
22
91
29
91
21
\
an¬
Reserve Banks
H-1950,
open on an exchange basis, par for
par, .to hold¬
Treasury Certificates of Indebtedness of Series G-
1949, in the amount of $6,535,161,000, which will mature
on
Oct 1, 1949.
Cash subscriptions will not be received.
The results of this
next
offering will
month.
Secretary
appear in
r;
of
the
Treasury
i
:
Snyder!
on
f
U.
I
♦
*
?
#
f
Tax
these columns
'
1949>
are
are1
15,
-t
1
t
2,028,477,908
that $1,196,804,000 subscriptions
were
*
\
for; redemption
are now
Y
■';■«'
Secretary Snyder said
offering of 1 V& % Treasury Certificates
of Indebtedness of Series
G-1950, on an exchange basis,
for par, to holders of 2% Treasury Bonds of 1949-51
(dated May 15,,1942), called for redemption on
Sept. 15,
1949, in the amount of $1,292,443,600. The balance was
par
redeemed in cash.
.
The
Secretary of the Treasury announced on
Aug. 12
outstanding issues which may be
that the bonds of three
cate of
I"
.
i
!
i
I
5,107,000
5,107,000
496,321,500
496,321,500
j
»-
6,805,553,305
5,709,151,000
1,096,402,305
58,062,811,000
6,990,258,960
\
for
■
.
!
:
Y;
'L
->.
.
1
.
*INTRA-GOVERNMENT
;Yi'I
!
t
'
•
:
Total
5;;
for six
k
'
'
r
Y
'■■*
!
M
on
1951;
3V8%
.
The
date.r. These
1949-51, dated July
Treasury
Bonds
of
outstanding $2,097,615;100 of the
;
v
;
•
-
on
.
:
Aug. 22 that
Oct
Y.
'
1
new
a
l; 1949; and that
a
Net Issued
$
.
L
.
$
1,061,076,500
—
for
—
162,000,000
LYi-i-lY
482,628,000 '
Savingis
Notes and Depositary Bonds.
tl 62,000,003
435,448,000
482,628,000
July—,—'
"47,180,000
209,180,000
273,448,003
>
1 August'
'
Certificates
87,000,000
82,041,000
366,657,728
63,068,000
4,959,000
303,589,723
453,657,728
145,109,000
303,548,728
.315,000,000
447,543,000
142,550,000
172,450,003
384,242,272
762,543,000
205,850,728
553,692,272
23,347,680,228 21,147,914,728
2,199,765,500
"
7"
Notes
for
Augusta.^.:
'
!
!
>
Bonds,
1
Certificates-<
Notes
'
*
l",
Total
for
September
'
■
4-
.Total for nipe
;*Comprise
mon.tps
!
scales
of
.
63,300,728
:
special,1 series certificates
and
sold to Adjusted Service Certificates
and notes to Federal Old
notes;
certificate®
Fund and Unemployed Trust Fund
and Survivors Insurance Trust
Account,
Fund,
Foreign
Service
Retirement
Age
Civil
Service
Retirement
Fund.
Canal Zone Retirement
Fund, Alaska Railroad Retirement Fund, Postal
System, Government Life. Insurance Fund, National Service
Life
Insurance
Fund,
Federal
Deposit ; Insurance Corporation,
and
Federal Savings and Loan Insurance
Corporation/ tNet retired.
certifi¬
Tax
y
y
cer¬
„
(Continued
on
page 6)
Treasury
refunding
#
:
Bills,
■
Savings
•
Treasury Department in September, outside of the
Treasury
Retired
$
months-'—— !21,648,851,500 20,587,775,000
Dec. 15^
above, confined its operations to the usual weekly sale
of
FINANCING
Issued
July—
\
on
note would be offered in connection with the
■
!
f
'
■
September—
that
on
*
,of the Treasury bonds called for redemption on Dec. 15,
•'
629,000
3S 8,077,805
nine' months—
68,053,069,960
Total
indebtedness would be offered to refund the
tificates maturing
1949.
900,963,000
1,196,804,000
Total
TT
1,486,871,504 6,317,917,517
,
received
95,850,000
900,928,000
September.
■
nounced
and allotted to the
100,417,000
904,588,000
904,707,000
234,443,879 2,262,921,787.
4,831,046,013
110,450 of the 2Vz% bonds.
an¬
2,206,597,023
901,161,000
1,015,705,814
2% bonds, $491,375,100 of the 3y8% bonds, and $1,786,-
;
Sept.! 14
called
(
3,409,865,000
1,001,578,000
1,000,438,000
Tptal.for
69,701,999
the 2% Treasury Bonds of
There
-
5,402,500
notes- t
bonds—
4
,
946,003,815
r
Treasury Bonds of ; 1949-53, dated Dec. 15, 1936, due Dec.
-
95,986,000
449,120,923
1,158,778,600
904,707,000
900,928,000
901,592,000
.
i
198,445,000
301,211,000
197,653,000
1,158,778,600
Treas. bills
indebb
»1,196,804,000
bds. ,
398,077,805
.
Certificates
1949-52, dated Dec. 15, 1934, due Dec. 15, 1952; and 2Vz%-
r
900,331,000
803,023,000
.904,524,000
Savings
Antic'n
Notes'? l-LJ
r
1
1942, due Dec. 15,
15, 1953.
1,001,542,000
1,000,676,000
1,000,510,000
449,120,928
5,402,500
bills
'
i
685,420,543
redeemed at the option of the United States
issues
1,614,263,544
801,987,000
bills
Y Depositary
I
r
bills
Treas.
of
S.
561,795,430
■
1277,058,031 6,261,656,563
.
£10,541,644
7,914,500
1,095,807,400
"
9,202,856,000
15,616,462,028
Treas.
1
-
,
bills
Ti-eas.
Sep
!
bds.
'
day
1
77,422,920
87,318,960
'
■
bills
Treas.
day
day
620,226,376
1,252,427,625 4,054,995,730
t
Y
J Sept.
of*l1/g% Treasury Certificates of Indebtedness of Series
of
■—
,
.
Secretary
37,564,879 1,736,486,725
;
M,1,■''
5,984,598,532
—-
<
August!—
91
607,997,623
'474,476,470
647,242,184
458,524,576
3,221,860 | 630,719,965
1
1
i
111
i
-*1'
Twelve months
•
——
i
quarter
900,457,000
5,599,446,000
510,541,6.44
1,000.432,000
1, Tax Antic'n notes-
Total
Fourth
900,537,000
900,467,000
bills
day Treas.
S. Savings
U.
Sep
270,711,824
387,863,595
,
628,489,165
YY " I
—_
$
5,072,996,083
'
>158,250,417
4,285,676,686
a
901,722,000
7,914,50(1
1,095,807,400
Depositary bonds—
Sep 15» Ctfs.
1,737,833,604
1.221,735,865,'> 42,572,016 1,264,307,881
174,556,386 4,083,957,923
on
900,684,000
'5,599,446,006
1
Sep
Sep
463,313,960
518,355,071
2,090,000 V 26-1,450,941
i 25,7.57,281 J 484,501,869
458,744,58$
sepa¬
Indebtedness
.
900,537,000
900,684,000
{
day Treas. bills
day Treas. .bills
91
92
1,884,141,203 ' <92,052,732 2,776,193,935.
14,724,735
*
sold
New
$
:.
901,722,000
notes_
Treas.
'
503,630,336
259,360,941
are
a
Refunding
:
July,L—10.817;119,544
Sep
■
3,260.861,957
of three
maturity,*
'
Total
October.,
ers
Savings
91
452,148,250
80,964,460
bds.
Indebt
of
Aug
368,444,693
217,767,388
319,497,872
Comprised
FUNDS
$
>
day
'
November--
OF
Accepted
bills
Aug
Aug
Total
$
217,916,667
Treas.
Antic'n
for
Aug 18
302,349,500
a
10-year
'44,813,935,083 39,740,939,000
91
Aug,,
612,938,292
months-
Aug 11
,
385,639,624
496,321,500 100
'68,053,069,960
have
i
4
Sep
50,212,500
4,088,750
28,896,829
2
Total Amount
Depositary bonds—
.
Aug
'
107,035,204
30,923,566
139,824,303
312,323,947
IV*
a
figures
$
'261,409,489
186,843,822
six
l-'*CtfS;
1
U. S.
July
July
corpo¬
:
Refundlng
$
701,502,936
3,063,-940,821
447,552,109
124,619,113
165,017,839
8,118,500
December—-.-.
E
Security
July 28
*
months-—*—
series
.July 7
91 day Treas. bills
July 14
91 day Treas. bills 1
July 21; 91, day Treas, pills J
-f1947New Capital
$
*1.076
a
6,805,553,305
bank discount basis,
a
99.728
5,107,000 100
_J
_1;
r
January;
1949
901,592,000
398,077,805
a
■
Nine
on
which
*1.062
99.732 + *1.056
1,196,804,000 100
496,321,500
for; nine months—J
series,
..
September—
3 years
*1.055
99.732
5,107,000
September-!
*1.054
99.733
904,707,000
900,928,000
398,077,805
for
additionalprivate
as
c
/99.734
1,000,438,000
1(462,344,000
USE
.
i
1,638,189,614
5*5,197,598;
3,34(j,768,865
17,864,2261
Y
91
Type of
$1,500,000
and
1,001,578,000
1,196,804,000
91
^'Average rate
,317,605,211
Hawaii
of
2
1;550,159.000.
29
Total
particularly;
97,041,541
381,550,874
116,500,610
1,'620,353,000"
1,580,140,000
1,472,193,000
Sep
91
91
245,194,731
$21,339,035 $2,162,873,431
Territory
Total
14,091,516
562,725,792
31,250,000
429,687,883
_
days
days
days
16
Sep
j.
August
91
23
174,981,416
3,985,114
a
^2-year maturity,
discount, basis, at .74, and yield 2.53$ and series d
have a 12-year
maturity, are sold at 100. and, bear 2V2% interest,
b Comprised of. separate! issues
designated Treasury notes of tax series
C-1947, C-1948, C-1949 and C-1950.
Series C earnings about
1.07%.
Sale of these bonds was discontinued on
Aug. 31, 1948.-c Treasury notes
of
series D began Sept.
1, 1948 and .interest accrues each month.
-If held to maturity of 3
years interest
approximately 1.407* per annum.
Effective Aug. 11) 1949 these notes are
sold at par and accrued interest
Irom the first
day of the month in which purchased.
204,073,331
624,000
a
5,616,462,028
Total
$192,894,065
4,280,719
■1,109,217
1,195,000
449,120,928
*1.032
•
discount basis at 75. and
yield 2.90% ; series F have
J
,'S
99.739
5,402,500 100
1,158,778,600 100
5,402,500
Sep
8
Sep 15
Sep 22
9
"i
July
449,120,928';
1,158,778,600t
August.
Sep
682,222,190
months—3,236,292,691J
99.746
99.743
3' years
rate
follows:
as
;
243,999,731 {
,113,723,057
1,524,466,557'
1,211,487,818
Second quarter——.
1,000,432,000
1,001,542,000
1,000,676,000"
12 years
r
$2,162,873,431,
Revisions of
2,590,000
»
c
1,656,2$8,000.
1,585,985,000.
days
days
days
Total
months of 1949 total
313,620,0.97 i
;
Refunding
''
100
1,391,380,060
Sep 1-30 Sep
Sep 1-30 Sep
1
547,880,788,
2
91
Aug '31
Sep
Sep 1-30 Sep
Total
$8,000,000
$
2,187,583,158..
ILY-LL-iY.
of
necessary,
MONTHS
i
a
91 days
10-12 yrs.
Total
be
372,124,374
47,650,700 1,096,360,233
t
190,930,937
■
$2,141,534,396
financing.
Capital
l'A
a
100
91
4
Sep
174,381,015 "
LyLy„LLL
Issues.
$
435,591,117
238,267,785
422,501,331
7,095,700
681,165,940
_Y
I
financing is brought to light.
FIGURES
*1.017
100
Aug 25
-
35.0
up
Aug
Aug 30
40.0
...
1947,; showing the different; monthly amounts of
.
"0.92y
99.743
Aug 18
J
Sep
-
32.0
-^fl 948-
Refunding i
$
January
February-
Six
135,399,000
\
-1949-
June
273,305,000
174,357,416 V.
i
may
:
.
30.0
Below voe present a tabulation of figures since
issue of $10,000,000 Bullock's
Inc., 15.
98,040,000
199,792,612
-,1
LLl
/Exclusive
rate
;
27.0
*Exclusive of $22,700,000 Puerto Rico Acqueduct and Sewer
Authority
issue.
promissory notes, due serially to
year 3% notes. >
/_
—
Honolulu
*0.92'J
99.766
10,817,119,544
—
■
1974;
1,
i11
!
tSeptember
'
•
3 years
99.734 + *1.052
99.767
•
314,597,763 '
_
L.1 YLLLL,...'
August i
(par $5) of Tennessee Gas Transmission Co.
aggregate
Line
*
'
1
were:
3J/2%
cumulative preferred stock
for
;
'
,
principal issues for the month
1
July.,.
Aug 26
For the nine
July.. L—Yl—— Li Y LL-l
4
12 years
1
t
189,592,258
money
10-12 yrs.
Sep
January Yl_—1—Y__-/: $191,710,089
Februa ry.
June
1
1
are
greater than refunding operations with the
exception of
May, 1947.
1948.
.
new
1 year
Aug 1-31 Aug
15.4
,
25
Ma rch
91 days
Aug 1-31 Aug
Aug 1-31 Aug
25.2
32
municipal issues footed
pattern
same
showing
19,220,000
'
16
for September.
financing $126,920,353, or 76.9% was
capital and $38,097,486 or 23.1% for
refunding.
1,696,622,000 '
900,537,000
1,799,471,000
900.684,000
1,625,606,000
901,722,000
1,428,487,000
900,467,000
5,599,446,000
5,599,446,000
510,541,644
510,541,644
7,914,500
7,914,500
1,095,807,400
1,095,807,400
days
91 days
1
Yield
$
Aug 11
Aug 12
Aug 19
compared with $174,981,416 for August and $119,749,201
•
for
July 29
Aug
5.
,
Municipal financing; for September totaled $317,605,211.
with post-war expan¬
:
Total
43.4
342.011,000
New
that corporations have
July
July 1-31 July
July 1-31 July
July 1-31 July
91
;
% of Total
; 32
.
L——
January YLLLLLLL?
the
sion and rehabilitation of their
plants and equipment.
Of the September
for
April
doubt to the fact-
no
July 28
June 20
,
112,740,000
,
"f
19
——
,J
.!
$77,700,000
44
March'
uncer¬
Also
"
Total Amount
> "
14
May
degree to seasonal dull¬
some
markets,
July 21
1949
Price
44,813,935,083
91 days
7
July 14
buildings, etc., $445,-
1
13,
.
jjunjj" — J——L ■
yy>t
in the securities
tain
ll
L-LLj
February
past two months, due in
ness
22
——.
July
corporate financing during the
July
8
July 22
and
Comparison with preceding
No. of Issues
September
complete, the six-year $9,000,000,000 construction
pro¬
gram of the industry which is now about 60% accom¬
The sudden decline in
industrial
DURING
Amount
Accepted
months
six
July 15
$715,498,462; oil, $398,~
"
.
•
_
ities as follows:'Bonds,
$1,400,000,000; preferred! stocks,f!
$290,000,000, and common stocks, $425,000,000.'!
j v ;
) The funds, according to Mr. Lindseth, will be used
to
FINANCING
Applied for
,
43.4%, of the total financing.
months follows: *:
V
$350,000,000; and cash $220,000,000: The remainder, total¬
ing about $2,115,000,000 will come from the sale of secur¬
plished.
July
Corporate issues placed privately in September com¬
prised 22 Separate issues and aggregated $71,700,000 or
as
for
June 28
capital issues and
other
such ;as iron and steel,
rubber, land;
this
companies' internal sources,
TREASURY
'
Due
$
263,740; railroads, $389,568,000, and all other categories,
Institute^ who"
$1,500,000,000
Dated
thp 1949 total
Public utility: issues
;
presently
STATES
Amount
Offered
Total
Of
new
refunding.
was
676,857.
is
will
sum
the
'
or
or
manufacturing
gregate about $3,615,000,000, according to Elmer L. Lindstated:
UNITED
Date
$541,-
000,000 below the 1948 figures, the totals being $4,083,957:923 and $4,525,169,338, respectively.
were
predominant, this category accounting for more* than'
60% of the month's activities, principally by the electric
utilities.
decrease of approximately
a
Anticipation
In the comprehensive tables
lowing
on
the fol¬
the September
and'nine months' figures with those for
the
pages we
compare
corresponding periods in the four
preceding, thus affording a five year
comparison.
years
g
g
o
o
w
o
&
3
o
3
to
o
<o
J*
sr
Oi
CO to
I'l
$
812,60915 t4,50. 0 17.80 46,82.703
681,520 105,~63b5 25,10859
Capitl
New
$
Refundig 145,07.625 367T50
$
1940-
106,852
~
89 ,80
38,45 0 16,2904
146,3 925
-
760, 0
New
2,4 6,950
3,250, 0
23,56 38 60,154 8 267,0 365,0 40,36475 716*410 26,~0T3 18
10 ,0
S
645,92175
600"2 , 0,14.683 350, 0
1,854,63
9,62,30 21,973 50 17 0 ,6
-1946 Refundi g 3,20 . 0 103, 0
Capitl
~~T
20 ,0 350, 0
95 ,863
60,14 683
704,074
15,6298
81720,139,57843026
704,074
450, 0
12,5 958 75,6837 19,580 13,90463 1,79230 "Yo ,0 0 147,2683 3,750 19,82953
367,50
89 ,80
24114,56,7073062
5,209, 75
16.380, 8,750 2,10 0 65,12 650 10.0 2,05,0 -— 5709 ,025 96,5 675
New
704.074
■
$
$
2,59,32 70,54397 3,810 7,3650 17,0 0 61,29 140 1,0 0
1,0 ,0 17,0 0 49, 465
7,30 , 0
19,580. 12.05 1,792.30 87,10. 3,750
3, 8150
■
61,04960
17,098753
Capitl 96,5 675 53,861^05 20,641028
S
Total
26,1 30 130,78915 271,4 0 372,4150 17.0 0 10,63215 8ri7~5,b 41,62 30
17
-
1,30 675 HlO.O O 13,05 0 35,60725
New
760, 0
4,250, 0 Yo" 0 0 83, 2615
—r
6,98325 7ld~4,ob
3,810, 0 6.350
$
15,0. 0 681,520
8l~7"5,b6
271,4 0 368,105 18.~30lO
Refundig 267.0, 361,80
Capitl
38,45 0 7,340
317,40678
241,67230 54,2Uo 21,53982
$
$
-195
37.421703
35,60725 457 853 25,10 859
$
Total
4,50 . 0 17.80, 9.461.0
706, 5793
Refundig 645,92175 6o7l54,18
$
It--194
Total
5,7 45
1,26 30 3,20 0 104,98 0 9,62,30 21,973 50 1760,
704.074
450, 0
12,45 8 74,502 78 16,380 9,705,863 2,10,0 125,73 2,05 0 14,23548
1461,37,09928553
."~20,
Total
—
—
291,570 2,80,0 69,41254 24,076 81
387,6359
26 ,50
Refundig 10,92 0 2,0 0 9,04731
12,87231
42,01 0 487,1 6
$
$
-1947
Y8370,1426.95371,26480b89D_o,;5e47vnRaf1B2lc0dpi,sm1tSrUu-36nNpkrPluoetOsGdvbwiFgcfearhnfdoamrg.nmlcyIFEVSOMATPFSRUHTINBASHENRED
FYSOEMIPTAVFRHNIBAURLCFONGAPRDM
Capitl
80 ,0
180,65 0 60,49783 23,81^5
$
New
Total
265,7364
38,5 0 1,50 0 37,925 62,073614
$
Capitl
45182,7^94,0
$
12,940 34.807 0 18,57839
.
215,0 317,60521 9,50 0
CNOORPEAWFTE
60 ,0
$
Capitl
New
s
37,981647
•83,9605
83,96053 24,507 18,460
145,90 3,98514
69,10 31,62097 9,50 0
39,40 0,892. 23,78645
175,0
41,750 219,50 6,30 0 86,50 2,50,0 26,750 36,5 0
Total
1,50 , 0
150, 0
38,14 695 50 ,0 34, 025
-7
-■T
..
lrTosSo
6,70931 12,873
298.0 150, 0 410, 0 2,50 , 0
20,594.31 84,21364 3,780 148,650 52,093645
175,0
26,38491 9,46 89 41,750 257,641 95 6,80,0 12,50 2 2,50 0
53,149
7-v
3,05 0 "1*75,0
Refundig lo. To
-1948
Capitl
41,750 203,5 0 6,30,0
$
New
Total
83,510 2 ,0 370,1
-194
1,60 0
$tCapil *■'" 15,64—20 26,835
'■
$
New
85(7,0
7.25,7 281
86.934,58 41,750 235,1094 6,80 0 19,4502 2,50,0
458,7 58
41,0 0 "~7 5,0
—
576 5,0 37,981647 :'
-
26,38491
■'-*•
'■v-
1 5,893
"I
'■'
1 5,893 *4~ ->. 31,8~6 ,47
I
53,214,*409839
9,750 .12,50 850, 0 2,60,0
1,20 839 43,075839 *■•r. 15,6420 9,250
•
1.60, 0
'i
•
1,085 0 42,960 15,6420 67,38 53
41,0
165,07839
Com on
Com on
.
Other
Com on
Grand
Total
Other Farm
-
«
-
§
United
•These
MONTH
Total
Public Iron, Motors Other Land, Rub er
Oil
Public Iron,- Motors Other Land, Rub er
Oil
Stocks-
etc. manufres 75,0manufctrig *— —L.w_ •—hteoraltdcin.g,
Public Iron, Mot rs Other Land, Rub er
Total
Total—
'•
?
•-
etc. manufctrig —hteoraltdcin.g, —
Public Iron, Mot rs Other Land, Rub er
Total
••-
1
7-
■
»>
Total
•
571 5,0 12,50. 2,6o7o5 20,6 70 126,9035 4:•
.-v.
bDCOMONFTH orpate—^ omestic— oLaonnngd-tdesrm Short-em Prsetocfk—-d stock Candi— boLaonnngd-tdesrm Short-em Psretofck-r—ed stock foreign- bLooanngn-dtedrsm Short-em Prsetfocrked stock corpate GCovaenrnmdiatnBInaternaiokl foreignGLooaavntnd, •Municpal—Stes,Staes toal dfinguorets SEOFPTMBR BLoaonng-dTesrm Railrods- util,es ccsopoteaer,ll,, Emaqnuuficptms-ent aeonri._d Inadunstdril beuiltdcngs, ShipngtrInuvesstmn, Miscelanou BoSahnordt-Tsem Railrods utiles ccospoteaerl,l,, Equipment aacesnorid inadunstdrl beuiltdcngs, ShipngttrraInudvesisntmgn,, Miscelanous Railr—ods utiles— ccoopa-esrte,l,l, Equipment aacesnorid inadunstdrl beuiltdcn.gs, —— ShipingtrInuvesstmn, Miscelanous Raioub utiles. ccsootpeal,l,*Emqaunuifpctmreesnt anoied Inadunstrdil beuildtcngs, 4 Ship—_ngtIrnvuesstmn,:Miscelanous seccourrpita.te
note* — notes governmt cit,Posein include Notes— etc trading, etc., manuftres
;■
'•
73,78039t 38,097486
85(7,0
-
7,40 0 12,50 2,~60 6 19,53 0 83,96035
-
48,50169
12,53 281 275~327il 37O5",0 "175 6
25,60941 50 ,0 34, 025
1,50 , 0
1,50,0
26,750
850, 0
15,6420 58,10 9,0 0 12,50 2,60,0 23,0 0 12,94 0
$
'L-v'■■
12,53 281
13,250
••
57,9431 265,7364
—7
GAROCUNHPAIRNDTE Refundig 31,8647
OSUMFARY
80 ,0 0
1,50 , 0
60 ,0
20 ,0
'
298,0 0 150, 0
23,801250 93,48 59 wT-V. 5,280, 0 250,9 40. 63,798 45 410, 2,50,0 64,5012 387,6359
3,206931 9,267 31 1,50 0 102,750
6,0 ,30
2,0 ,0
2,0 ,0
10,92 0
GOFVOERRCNEMIGPNT,AT, - notes-—. — — 187,952604Smbuanitcpfltouesdynieds
SEPTMBR ' — agencis&. — manufctrig — heotldcin.g, Notes- manufctrig heoltdcin.g,
1 5,839
Refundig 37,981647
—194
150, 0
39,40 298,0 29,78945
2,80 , 0
S
New
18,4528 2,0 0
370,1 0 1,50 0 37,925 49,513
$
New
Total
62,430 1,263,913
291,570
Capitl 3,780, 0 109, 0 28,350 ~"41~0,6C 1,90 0 37,20 180,65 0
62,430 19,74201 2,0 0
25,7 281
Refundig 13,250 12,53 281
'
2,0 ,0
".
3,50,0
$
85,0 27,031
48,501869
$
-1948
Refundi g 1,50,0 102,750 3,645,0
—1947
20 ,0 0
32,0 0 410, 0 1,90,0 46170 65
5,280, 0 21,350
Total
127,0 . 27,6942
Total
>-
:
:
80,30
1,8569,0 1,45708, 19,20 37o 76 37,012 159,0 0 1,750 35,0 .0 1673825 69,0 0
4,0 0
4,0 0 85,74201 7,916,082 2,0 70 47,95367 96,289452 26 175,86249
Refundi g 1,0925 ,0 1,39820.5 186,930 207,49 07 129,750 10,2890 26,509720 40,"3027 32,57 10
4.0 0
4,0 0 73,26 30 6,4 ,02 237,50 18,04 69 61,4 905 57so 76o 7,41960
1,09267,80 1,5.46,730 193,402 395,0316 19, 1905 10,2890 3,09720 04,332l0 10,47.0
12.5 ,81 1,452,08 2l7~62,50 286,94 28 34,8754 8^350^926 98,41 289
93,10 29,03 1 5,72,08 24/762^50 452,7 651 64,09754 1,461,0 16,841.206 6,05 ,0 135,4879
35,12 0 38,1250 376,8947 26,15 62 1097258,60 70,54 05 36,04 850 6,502,50 12,59.30 1,021,801 12.63,81 340,6 917
623,980 1,45973,4 81,947 62 246,~758l60 1,9408,35 625,4085 30,78650 53,704.30 1,021,801 28,76581 481,69417
50,0 0
812,718
573,095 0 1,7396,05 40,317 0 407,12098 527,4327 17.09 0 3,219,57 1,50~1725 9,46 94
Total
$
'
$
-1945
80,30
Capit l 93,10 17,3850 4,270, 0 3,o 756 165,80 23 29,50 1,461,0 8,490,280 6,05,0 37,024 90
$
New
Total
623,980 1,07984,0 5,79230 137,50" 0 423,07580 589,60 24,8 0 41, 50 16,"l32~6 105,96250
2,50 , 0
Refundi g 573,05 0 80.27,594 34,692.30 26,8 20 516,78427 17,09 0 50 ,0 0 9r2T~0 28,12.60
50 ,0 0
2,064.0
$
-
-
$
1948
New
_
Total
'
$
178.450, ,758230 27.0 ,0 10.'36,250 24,50 0 56,3084 13,750 53,621 0 6,90. 0
SF3YEIOVPA0TR.1945NCefoaupntdiwlg$87678262Z90-~,*■.'75"lIoT(j483261 -',50974tUS{EIhMndocabmilugetrfse.RDvp
New
Total
-
$
Refundi g 42, 90 8,471 29 6,50.0 21,947150 21,075 0 18,73 0
New
Toial
$
•-
35,07 0 36,01 0 85,01 6 20,53 62 108745,82 589,40615 25,06 850 6,502,50 9,539,3 1,021,801 10.364,086 309,2 5
59,6750 6,7250 362,13579 19.08,02 473,015 98 37, 367 3,20.0 12.0 ,0 12,80635
60 .0
50,83 0 285,0742 41,630 62 245,9 842 786,3 207 97.8 ,423 13,7 50 50,48 3 1,021,801 17,264086 42, 4 53
178.450, 2,1 4 .29 27.0 ,0 30, 6.250 43,508 2 1,03569,32 169,483.67 56,821 0 67.50, 0 2.0 ,0 342,95630
21812,19,,0977366584250034 2174,6056326,9,547070593 2124,,,80280155456967.16733
20 ,0 0
2,0 ,0
4,05 ,0
405,1970 1,650 ,271 6.80 0 13,60 16,30 0 708,3 50 279, 50 15, 0 14,30 0 35,0 0
389,560 1,63.4825 7.90, 6,39,0 1,80.0 573,60 398.0, 0 40,57 0 2,60,0 45,60 0
708,930
3,0 5,0 5,235,0
13,85248
25,80. 0 981,07285 3,0 ,0 14,761380 3,945.0 4,01 0 25,0 0 708,930 24,1836
56,40
60 ,0
197,027 34,963 85
165,7082 19.08,02 438,05143 37, 67 3,20,0 1,291,07 98,71 02
152,60 1,40371,5 27,0 0 ■10,3625 40,5802 890,3452 165,3867 12,80 42,50 0 3,129,07 318,2798
61,490
*
'
10,80
10291,8 932 ,238 0 2,~ 5()!6oO 208,64 86 148,07 4 10, .0 123, 780
lefoa o 3,20 , 0
1,50 , 0
3,7259640
-<?•
596,516
17.23,017 6,093,40
215,30279
'1362,156790,^85
CIOTUSSFRPNHOAIAEERD
Capit l
$
2/719^5 7 2.~69725 31,07362
3,0369,5487120 1,46987327,15 4,8342,57706128.9
6,05 ,0
10 ,0 0
47,260 1,739 1,40 73.0 0 13,60, 0 16,30. 0 730,2810 30'J,8 0 34,28 0 14,30 0 35,0 0
$
1948
50 ,0 0
20 ,0 0
Capit l 152,60 974.60,75 27,0 0 10,36250 21,50 0 48,3 19 127,805 9,610. 0 41,90 0
*
812,718
291,6741 5,625,0 18,023890 10,9750
2,1 4,0
237,50
795,348
4,521638
23,962873 42, 9.0 105,74 16 6.50 , 0 28,04 90 21.075 0 18,73 0 17,6 516 239.4 ,152
10,80
19274,5 15 ,238 0 2^5O]6 O 20,5 146 148,307 4 10, 0 12,6134 72,03 56 405,197.0 1,92530,186 78,03 0 13,60 18,50 912,38.96 428,53.04 15,608 14,30 0 35,0 0 10. ,0 429,6134
1,60 , 0 3,20 , 0
1,50 , 0
47,260 2,03152,3 84.538,0 13,60 18,50 940,29486 49,607.4 34,298 0 14,30 0 35,0 0 10, 0 46,807
'
-
""3,3,851040S62624 r-. io5,6l270
150, 0
465,8160 24, 570 142,38462 1,36,740
5,7 5,0
175,0 0
~ io 765 7,51 ,350 48,02 807
689,376 59 389,56.0 2,134950,864 102, 570 6,39,0 1,80,0 715,498.62 398,263740 40.75,0 2.60,t)0 45-,70 0 7.51,350 238,795 07
44g,0,28389557672
193005,6,4225
AGONRNEUPFDWI
SOCUOMRPFARAYTE,ES31NEDDP04TIL.NCaepiwtl$$<b3,o20an5n8od7te6s9s1 —ostoc.kr041s,5t3oc7k boannodtess 30,anoteds Hstock 31,9704,5638 GovernmtBank16,g0overnmtG3ag4v5cie,s•MAunicpatl—,S96es,210- 61,3,0247.589.92 IfSnbuncotalodniyesetdsNBtUrpuhnelaswcweik ES3NEDP0T. NBootaensd-s ecotp—r,manuf acesori amannufcdtrig e;tc —thtrroeaulddtsicinn.gg,,, — NBoaonndUds ecotpr,manuf ocesri maanufnctrdig- etc thtroreaulddtsiicnngg.,,, ceoptr,manuf acesori maannufdctrig etc tthrroaueldsdtiincngg,.,, ceoptr,manuf acesori amanunfctdrig- etc tthrraoueldsdtiinncgg,.,, securit
.
MONTHS Corpate— Domestic-—
•
•
Refundi g 20.7340 92,70347 1,250. 0 9,29,26 9,0 ,0
$
—194
19,2650
31.5
CHARCTE
New
r"
.
:
Grand
Total
Other
Other Farm United
.
O"
•••
,
-
and
1
152,968573 '
Capit l 368, 4.0 *1),570693 - 76,50 6,39,0 1.80.0 563,4074 396,0 0, 0 2,60•.0 45,60 0 17,360 3.25,87691
$
LnCadi— one-trm Comstocokn foreign— Lboongn-tderms Com n corpate Candian (Interaio l foreign Loaannd -Staes toal fd^igTuhoereses Provinfce MONTHS Long-Term utiles sctoeall,,Equipment and industral buildngs, Ship-ingInvestmn Miscelanous
iLong-term Short-emprei d Com n
.Posein
:
T134FGFLOOAMRFVTUIENEMNRIAOHCMNDDPRTG,S1'9119498476CefeoaufConpueatdnfiapwtuidpinlw-gdiwltlo.gg$$;$$135223,9,65862,05070374</^9..,98■•<:11,2008 V390—,,=_'■ 506,562057/*"• "HIlr~74,04238,931429857811695603V<.,07395.241.0-7,63879,065572.8,331301952864548fmrtFuaGonh{eioQNcIMgvBnpdiurcalrpbelnelmsgysawtcofdUksCMPbNB^UiISdpwk NMEFSY3OHIIDVAP0RT.
170,45
Refundi g 25,80 0 783, 0 75 3,0 ,0 107,9 65 3,945,0 4,01 0 25.0 ,0 7,258,1 5
S
—1947
436.0
40 ,0 0
Capit l 50,830 19,75640 21,0 0 uiJmTon 196,387592 72,831573 7,25,0 40,9450 6,90.0 7,849 8
$
1,8579,0 1,54360.1 19, 6082 25,o !o 84,260.817 25.89,452 1,750 49,850926 l6.382T0 245,86249
1
9
Public* Iron, Motors Other Land,
Total
■
4 ,474 4 .474
-
105, 26
5,625,0
Short-Tem Railroads Puutiblleics Equipment Maotnords industrial
ste l,
coal,
Iron,
buildngs,Ruber ShipingInvestmn Miscelanous
Other Land,
20,4 0
4 7. 50 298,50
397,089
21,543 9 20,7340 13,90 47 1,250, 0 10,3769 2*18,50 9,0 .0 19,70653 174,56.385
175,0 0
-5,73026 45, 160 24, 570 14,690712 1,065,240 ~To" ~o 7,51,350 47,623718 67,83 20 368, 40 2,0176,5 10,875 0 6,39,0 1.80,0 705,12 486 397,65240 31.7450 2,60,0 45,^0 0 7.5'1,350 219,08 24
Total
Stocks-
Railroads
Equipment and industral
utiles tel,-coa buildngs,
Public Iron, Motors Other Land, Rub er Ship ing
Investmn Miscelanous
Total
'
Total—
3,9041,537
Industrial buildngs, ShipingInvestmn Miscelanous corpate
utiles coal,
Railroads Public Irsoten,l, Equipment Maontodrs Other
Total
- Land,
Oil
Rub er
24, 1949
Monday, October
(1594)
6
Capital Flotations
Details of New
*
Five Years)
Than
to
12,970,000
Ripley Ac Co. and Leninan
Rand & Co.
Co., and
/•
,
due
bentures,
1964.
1,
Aug.
field
Inc.
Co.,
Ac
debentures, due Sept. 1, 1969.
Electric Co. 3'/8%
*2,500,000 EI Paso
Purpose,
and finance construction
privately to John Hancock
short-term loan
repay
program.
Price, 100.67. Sold
Mutual Life Insurance Co.
»
Sold
Corp. and W. C. Pit-
-7,9,
..
\
.
7
;
,
J
institutional investors.
Sold privately to
poses.
Purpose, linance
due 1972.
Life
&
Armour
series
to institutional investors.
Sold privately
poses.
•
v
Life
National
Co.,
Curtis; Stone
Corp., and Mitchum, Tully & Co.
&
Webster
&
1977.
Purpose,
;
construction
privately
Sold
program.
company.
to
an
Paine,
insurance
'
■
constituent
Wood
E.
Ac
Yarnall
and
Co.
due
series
loans.
Price,
Peabody
*400,000 York
Purpose,
&
^
stock
ferred
Price,
first
Gas Co.
finance
Travelers Insurance
Offered
of
line
pipe
-
&
>
,
,
,
Sold
privately
United
15-year
Hall
mortgage
3%%
etc.
&
Parsons
bonds,
pri¬
Sold
&
'
'
'
'
.
Equitable
to
States.
Life
working
Assurance
C.)
(R.
Pierce,
Stanley
!
'
'
&
ing
Mabon Co.
($1,600,000),
15-year
♦4,000,000
National
Co. 3V4%
Tea
3%%
corporate
'Jackson
Purpose,
i
.
i
,
nolds
Placed
due
1,
Aug.
working capital.
privately
Inc.;
Metropolitan Life Insurance Co.
8c
G.
OIL
Lake
1,
line.
Sold
of
the
Line
Pipe
April
1951-Oct.
privately
United
2.7%
Co.
1961.
1,
to
States
notes,
Purpose,
Equitable
due
Dean
BUILDINGS,
semi-annually
construction
Life
through
Assurance
Witter
•
ETC.
Ac
pipe
Society
of
Smith,
Co.;
Securities
Walker
H.
Weeks
&
7
-
■
"7-7.7
i
P.
mon
&
'F. S. Moseley'
$5).
.
*$850,000 Eilicott
loan.
Life
Square
Purpose,
Insurance
j
Hawley,
,v
v
.
Price,
/
first
1, 1964. Purpose, corporate purposes. Sold pri¬
through Reinholdt Ac Gardner and Smith, Moore
Co.
/
.
7
B.
,
Co.
Purpose,
stock
MISCELLANEOUS
1.
*$5,000,000 Americon
Investment
Co.
of
Illinois
subordinated
4%
sinking fund debentures, due Sept. 1, 1959. Purpose, retire
bank notes.
Life
Insurance
ance
Sold
White &
Co.;
&
Whiting,
Co.;
•
I
capital.
Provident
Mutual
Life
Insur¬
sinking
fund
deben^
Purpose,
ment.
Bear Stores Co.
tures,
and
$20 per share.
due
Aug.
1,
15-year
1964.
$Vs%
Purpose,
Offered by The Ohio Co.
;
expansion,
working
$41,100,000
3,000
'9
1:
finance
Co.
9,17
Telephone
non-participating
pay
Price,
indebtedness
par.
1,000
Co.
incurred
Shares
7
7.-
equip¬
Alden
per- share.
Offered for
General Public Utilities
of nationwide:group of
Dealer managers
■
'
paticipat-
Corp.; Lehman
1
&
&
Co.;
Ellis
Ac
,
&
6,750
Price, $11
(par $2).
&
Co.
Food Co., Inc.
Camp Sea
stock
son
Royalty
shares
of
common
Price, $31.50 per share. Offered by
(par $5).
1,202,850 Van
7
Ridgway,
835,000 shares of common
$28.50
stockholders--of
by
Inc.;
Stein Bros. Ac Boyce,
Co.
Price,
par).
Co.,
Ac
Wagner;
& Electric Corp.
Co.;
share.
per
Offered by White,
Jack¬
Sutro
Shields
Ac
Co.;
First
Richards Ac Co.; Walston,
Ac Co.; Kebbon,
Simmons;
Durst,
Shields Ac Co,
109,350 shares of common
California Co.;
Curtis;
Hill,
Pierce,
■'/'- ■
stock
William R. Staats Co.; Paine, Webber;
win; Cruttenden
ip purchase of
O'Neal,
Smart. Ac
9 Brothers; Wertheim & Co., and Merrill Lynch,
j Fenner Ac Beane. . "/
.':/S,:
6%
$100).
Offered by Lewis
Co.;
Subscription
212,62-5 Southland
Price,
Of
Inc.; Hemphill, Noyes Ac
ing securities dealers were The First Boston
stockholders.'
stock
(no
Corp.
common
(par
preferred
stock
Weld
of
Inc.;
Co.,
Ac
Wilson-Trinkle
and.
:
shares
5,000
8c
23,797,500 Rochester Gsts
dividend
capitalize expenditures.
Goldman, Sachs
Son;-Hornblower & Weeks; Indi-
B., Hilligrd &
Newsome
expansion.
pre¬
F. L.
Skaggs & Co.;
Co.;-- First'- of Michigan corp.;
anapolis Bond and Share' CQr.p.;t Kidder, Peabody Ac Co.;
Higginson Corp.; McDonald-Moore Ac Co.; Berwyn T.
Moore
bankers
to
Co.,'*Inc.; "Davis,
The' Bankers- Bond
Lee
■v-'.i
shares $5
Purpose,
Sold privately to common
Arkansas
7
250,000 shares or
(Ky.)
Co.
stock (no par).' Price. $30:375 per share. Offered
Co., Inc.; Almstedt Brothers;
Co.;, J. iJ.
.r
line
pipe
of.
foregoing).
..
Purpose,
.•
Electric
&
'
of com¬
400,000 shares
Gsts
As Co.; !Harrhnan Ripley &c Co.,
,v
.
,,
Offered for subscription
Telephone
Co4 Inc.
Dupree '8c
■
expansion
(see
Co,
par).
share.
par).
cumulative
Co.
200,000, Big
Co.
(Ohio)
(no
100,000 Western
privately to New England Mutual
per
Telephone
(no
-
*;
.
Co.;
&
Dann
Common,
stockholders.
*100,000 Warren
^
current
stock
$100
ferred
mortgage sinking fund bonds,
Aug.
vately
&
(Ohio)
preferred
stock
by Lehman Brothers; Blyth &
Underwood, Neuhaus & Co.;
preferred stock
the
offered
300,000 Warren
Co.
Ohio Rubber Co. 4V2 %
due
as
$25).
Wertheim 8c Co.
Offered by
Price,'$11.25 per suftre.
8c
common
.
Trask 8c
Spencer
Price, $30.25 per share. (Offered by^same
system.
.
Co. of Buffalo 15-year 4V2%
mortgage
refunding.
Sold privately to Metropolitan
RUBBER
*$2,600,000
'<:■
*
shares of common stock (par
Offered by Russ «fc:Co.;
Robertson !& Pancoast; Dittmar & Co.; Rauscher,
Dewar,
.
6,666 shares
Co. 213,000 sharqs of common
Brewing
Star
$7,593,750 Louisville
Murch 8z Co.;
Webber,
Witter & Co.
and Dean
(par
Inc.
Co.,
share.
per
'/(par $1);
Pierce
Paine,
Scranton
W.
Co.;
8c
Vietor,
Transmission
Gas
stock
.
Prescott,
Co.;
Chas.
Chas.
Co.;
$36
2,396,250 Lone
7.77 7/'
(110 par).
Lisle &
.
Brooks &
W.
Price,
7
Brown,
by
Steel Industries, Inc.
Copper &
(II. J.) Hein/. Co. 5,000
"
•
LAND,
Price,
1180,000
shares
common
Offered
by
Offered
-
cumulative convertible preferred stock (par $25).
$15 per share. Offered by Lee Higginson Corp., and
of' 5%
"
f
960
share.
per
Marshall.
■ •
99,990 Continental
Schoellkopf, Hutton .& Pomeroy,.
Barney
Corp.;
Stubbs,
12,100,000 Tennessee
Co.
&
Co.;
8c
Fenn
Tucker, Anthony & Co.;
Co.;
$9,000,000
Northwest
Stringfellow;
8c
Scott
Union
$12,500,000 Salt
;
Hallo-,
Rauscher.i Pierce & Co. Inc.; Rey¬
Co.; Rotan, Mosle and Moreland;
Winston-&" Co.;
Shields
to
Riter
Co.;
8c
Inc.;-
Co.,
share.
per
Foundry
$15.50
Price, ■'
Noyes,
Beissner 8c Co.;
Phelps,
Curtis;
&
Rowles,
1964.. Purpose,
Sold
Mitchum,
Pacific
Co.;
Shepard \8c
refund¬
($1,900,000).
Co.;
'$27.25
Price,
Iron
14,880 Builders
Merrill, Turben 8c Co.;
Tully
&fCo.; Morgan1
Beane;
Moroney,
stock
Union
Securities Corp.; B'.unt Ellis & Simmons; Smith, Barney
&
Co.; Eastman,
Dillon & Co.; Cooley & Co.; Putnam
6c
Co.; Chas. VV. Scranton & Co.; Clark, Dodge & Co.;
Paine, Webber,
Jackson 8c Curtis; Eateman, Eichler &
Co.;
Fahnestock & Co., and Whiting, Weeks & Stubbs.
Corp.;,
Lehman Brothers;
Inc.; Merrill
Corp.;
Corp. 62,413 shares of common
Springs
$10).
(oar
Mason-Hagan,
Co.;
&
Fenner. &
Co.;
Ohio
The
Vogel Ac'Co.
notes,
purchase of warehouse,
loan.
purposes
Securities
Mullaney; Wells & Co.; Maynard H.
Co:;
'
Society of' the
'
privately through A. H.
.
Representing New Financing
$1,716,495 Associated
'/
Inc.;
Graham,,
Weeks; Kebbon; McCormick
Higginson
Lee
Marks
M.
Milwaukee
The
.
*3,500,000
Dillon, Read & Co
Hemphill,
8c
7,-.;,7'■J'Qa-; ' % v
-
Issues Not
Dodge'
Peabody 8c Co.; Kuhn, Loeb,& Co.; W. C.
Co.;
8c
Lynch,
capital.
Jlornblowcr
Co.;
Kidder,
Co.;
Langley
Purpose,
Bosworth,
(Inc.); Clark,
Equitable
(Inc.);
Co.
&
.
div.
and
Co.; Glore, Forgan & Co.; Goldman, Sachs & Co.;
well, Sulzberger 8c Co.; Harriman Ripley & Co.,
,
Co.
loan.
,015,500
expansion
Blyth 8c Co., Inc.;
Company;
81
■
Banks
dealers in securities, y
7''
Securities Corp.; White,' Weld
Central Republic Co,
Co.;
Dittmar
Inc.;
:
Co.
;'
.
share
per
& Co.; Dpwar, Robertson & Pancoast;
1
,
8c
..
Dobeckmun
"
'
*$1,000,000 Amalgamated Textiles, Ltd., 10-year 4Vi% serial note, due
Sept.
1,
1959.
Purpose,
development of
Photo
Metric
system.
Sold
privately
to
a
life
Insurance
company
through Auchincloss, Parker Ac Redpath.
•500,000
77 ,7
construction.
linance
$103 50
Inc.;
Ba.ird & Co.,
W.
Robert
Sullivan
par.
agent.
1%% consolidated Federal Farm
Loan bonds, dated Oct. 1, 1949, due. Oct. 1, 1957. Purpose.
refunding ($145,900,000); repayment of commercial bank
borrowings and for lending operations ($69,100,000). Pricte,
100 V*
and interest.
Offered by 12 Federal Land Banks,
through their fiscal agent, Mac|donald G. Newcomb, with
the assistance of a nationwide selling group of recognized
Abercrombie 8c Co.; Bacon, Whipple & Co.;
Lovett,
Co.;
; '
(par $100)., Purpose,'
Price,
system.
by Stone & Webster
Offered
:
Kidder,
by
MANUFACTURING
AND
Price,
fiscal
215,000,000 Federal' Land
Edward
cumulative pre-
6%
Purpose,
cumulative preferred stock
Laurence
INDUSTRIAL
refunding.
York,
Transmission Co, 100,000 shares of 4.65%
Gas
10,000,000 Tennessee
$58,150,000
OTHER
dated Oct. 3, 1949, due
Estabrook &: Co.; The First Boston Corp.; First Southwest
bonds,
short-term bank
construction,
$100).
(par
Credit Banks.! 1.30% consolidated
July 3, 1950. Purpose,
Offered by M. G. Newcomb, New
1
•
1
deoentures,
Offered for subscription by stockholders.
par.
y/'-"'
'
Intermediate
$35,015,500 Federal
The Milwaukee
Co.; Mitchum,''Tully & Co.;;
3,000 shares of
Co.
■
Government Agency Issues
Inc.;
and Stix & Co.
Co.,
Tower
300,000 Tcluride
P
■
Farm Loan and
McCourtncy-Breckenridgc & Co.; Moroney,
Jones 8c Co.;
;
Price,
Elder
Taylor & Co., and BuUington-Schas & Co.
8c Co.; Strader,
$1,200,839
Pierce
Robertson 8c Pancoast;
Dewat,
V'
;
.
capital
CZV/r
Curtis;
&
Jackson "&
Rausphe?^,
Co.,
&
Murch 81
H.
Inc.;
Co.,
Harris,
Purpose,
to
Maynard
&
W. Baird
Robert
Inc.;
Beissner
Co.
repay
interest.
and
102.54
County
(Pa.)
vately
1979.
Corp.;
D.
Co.
&
1079.
due
1,
Sept.
Securities
Russ
first mortgage 2%%
Wisconsin Public Service Corp.
$4,000,000
&
<fc; Webster
Co.;
102.526 and interest.
Goldman, Sachs Ac Co.; Geo. G. Applegate
Harold
Webber,
Co.,
($8,633,353).
company
Offered by Lclunan Brothers;
Ac Co.; Bache Ac
Co.; Ball, Eurge Ac Kraus; Lear, Stearns Ac Co.; A. G.
E«cker & Co. Inc.; Blair & Co., Inc.; .Alex. Brown Ac Sons;
Butcher & Sherrerd;
Richard W. Clarke Corp.; Dick Ac
Merle-Smith; Dominiek Ac Dominick; Emanuel, Deetjen Ac
Co.;
Estabrook & Co.; Fausei, Steele Ac Co.;
First of
Michigan
Corp.;
Granbery,
Marache Ac
Co.;
Grubbs,
Scott
&
Co., Inc.; Harris,
Hal! Ac Co. (Inc.); Hayden,
Stone
Ac
Co.; J. J. E. Hilliard & Son;
Hornblower Ac
Weeks;
The Illinois Co.; John Kormendi Co.;
Carl M.
,Loeb, Rhoades Ac Co.; Laurence M. Marks & Co.; A. E.
Masten Ac Co.; Mlnsch. Monell & CD.;'The Ohio Co.; Roger
S. Palmer Co.; Phelps, Fenn Ac Co.; Reinholdt Ac Gardner;
L.-F. Rothschild & Co.; Schoqllkopf,
Hutton Ac Pomeroy,
Inc.; Schwabacher Ac Co.; Scott & Strlngfellow; Sheridan
Eogan Paul Ac Co., Inc.; Sills, Fairman & Harris, Inc.;
I. M. Simon Ac Co.; Stein Bros. Ac Boyce; Stern Brothers
Ac
Co.; Stix & Co.; Stroud & Co.,- Inc.; Sweney, Cartwright Ac Co.; Watling, Lerchen & Co,; Werthem & Co.;
by, Paine,
Stone
$31,006,000 West Penn Electfifc Co. 3V?% sinking-fund collateral trust
bends, due Nov. 1, 1374.
Purpose (refunding $22,366,647),
stock, of
Offered
diy,
Co.
Bolger &
Sons;
&
Gardner;
&
85,000 Southern Fire & Casualty Co. 10,000 shares of
..stock (no par).
Purpose, expansion of business.
$8.50 per share.
Offered by J. C. Bradford & Co.;
7"
$100- per -Share,
Price.
construction.
finance
and
Edwards
Co.; •Reinholdt
Inc.;
Co.,
advances,
.
of
-
/
1,000,000 Southwestern Associated Telephone Co. 10,000 shares of
$5.50 cumulative preferred stock (no par).
Purpose/repay
Electric Co. 3% debentures, due 1969.
Purpose,
repay
bank loan's,,* finance new construction.
Sold pri¬
vately to New York Life Insurance Go.
^
T ■
Price,
7
;
7;
Alstyne, Noel & Co.; Newhard,
Co.; Woodard-Elwood & Co.;
Metropolitan
Shaughnessy and
Co., Inc.; Stirling, Morris & Bousman; Stix & Co.; O. H.
Wiobing & Co.; Chace, Whiteside, Warren & Sears, Inc.;
Granbery, Marache & Co.; Maynard H. Murch & Co.;
■Scott,
Horner & Mason,. Inc.;
Thayer, Baker & Co.;
'Prescott, Wright, Snider' Co.; C. T. Williams &c Co., Inc.;
Baker, Simonds & Co.; Craigmyle, Pinney & Co.; Dewar;,
Robertson & Pancoast; Grubbs, Scott & Co., Inc.; Hamlim
&
Lunt;
Irving J. Rice & Co., Inc., and ShiUinglaw,
"7.
.
Purpose,
&
G.
A,
Co.;
&
Louis
St.
!
White, Weld & Co.
and
•4,000,000 Tampa
purchase
;
Van
Boennin.g
Co.;
8c
Doolittlc
-
Morgan Stanley
Co.; Wm. H, Rybeck 8c Co.;
Securities
;
Cook
Co.;
Blosser;
8c
Straus
Co.;
8c
body
first mortgage bonds, 3%,
bank loans used to finance
repay
-:7V'.
Jones
8c
Moran
Mason,
preferred
share. Offered by Riter
& Co.; Johnston, Lemon & Co.;
Sills, Fairman 8c Harris, Inc.;
Price, $15 per
capital.
Edward D.
Co.;
&
(par
Kennedy-Peterson, Inc.; Kidder, Pea¬
& Co.; Robert S. Morris
8c
Chas, W. Scranton & Co.:
Smith, Barney & Co.; Smith, Ramsay & Co., Inc.; Stone
& Webster Securities Corp.; Tifft Brothers; Union Secur¬
ities Corp.; G. H. Walker & Co.;,, Whaples, Viering & Co,, )
&
Bros.
*2,500,000 Southwestern Public Service Co,
due
&
Griggs
F.
R.
Insurance
through
Lutherans
for
Association
Jackson
Life
Farm
State
Co.;
Insurance
Aid
and
Webber,
Fahnestock
Corp. ToO.OOO shares of cumulative
convertible series
(par $10).
cent
90
working
& Williams, Inc.; Drexel & Co.; Eastman,
Eddy Brothers & Co.; Estabrook & Co/,
Co.; Gaynor, Clemence 8c Co., Inc.;
The
Co.; Harriman Ripley & Co.,; Inc.; Hincks
Dillon
Purpose,
1979.
due
series,
cumulative
Day, Stoddard
& Co.;
Co. first'mortgage bonds VU%
reduce bank loans. Sold pri¬
vately to Equitable Life Assurance Society; Connecticut
Mutual Life Insurance Co.; New York Life Insurance Co.;
*1,750,000 Ohio Associated Telephone
stock,
3.90%. pre-.
$50),/Purpose, finance con¬
struction program.
Price,- $50 per share and div. Offered
by Putnam & Co.; E. T. Andrews 8c Co.; G. L. Austin
&
Co.; Blyth & Co., Inc.; Edward M. Bradley & Co,;
Brainard-Judd & Co.; Robert C. Buell & Co.; Coburn &
Middlebrook, Inc.; Coffin & Burr, Inc.; Cooley & Co.;
(Ind.) Water Works Co. first mortgage bonds,
3%, due Aug. 1, 1979.
Purpose, corporate pur¬
C,
j
..
Electric Light Co. 160,000 shares of
stock,
ferred
Insurance Co.
•500,000 Muncie
Inc.
Vaden,
&
8,000,000 Hartford
Company Employees'
Northwestern National Lile Insurance. Co./
Co.;
ance
Pringie
Noel & Co.;,,
8c Co., and
for
1,000,000 Liberty Loan
,'
of California; E. H.
$1).
(par
Offered
..
Barnwell 8c Co,;
Huger,
Co.;
Pacific Co.
Agee & Leach; Van Alstyne,
E. f,Canady & Co.;
Henry Dahlberg
Sterns,
Griffin
Continental Assur¬
Pension Fund;
and Provident
Co.;
Insurance
Life
National
Lincoln
Co.;
Lloyd
.
first mortgage bonds,
additions, Sold privately to The
Utilities Co. 3'/8%
*1,500,000 Montana-Dakota
M.
&
Co.;
Ac
Law
A.
and
Friedrichs
Labouisse,
t
Huntington (W. Va.) Water Corp. first mortgage bonds,
series C, 3%, due Sept. 1, 1979.
Purpose, corporate pur¬
•500,000
Warehouse Co. 115,839 shares of common
Purpose, refunding.
Price, $1 per share.
subscription by stockholders.
Detroit
stock
Francis I. duPont Ac Co.; Hayden,
Stone Ac Co.; Johnston, Lemon Ac Co.; Laurence M. Marks
Ac Co.; Ball, Burge Ac Kraus; Elkins, Morris 8c Co.; Harris,
Hall Ac Co. (Inc.); Interstate Securities Corp.; Kirchofer .
& Arnold Associares, Inc.; John C. Legg Ac Co.; The Mil¬
waukee Co.; William R. Staats Co.; Stroud Ac Co.,
Inc.;
Courts & Co.; Fa hey, Clark Ac Co.; The Illinois Co.; John¬
son,
Lane, Space and Co., Inc.; Merrill, Turben 8c Co.:
Newhard, Cook
8c Co.; Reinholdt 8c Gardner; Reynolds
Ac Co.; Stein Bros. Ac Boyce; Baker, Watts 8c Co.; Bateman, '
E'ichler 8c Co.; Clement A. Evans 81 Co.; Inc/, The Robin- i
son-Humphrey Co.; C, F< Cassell 8c Co., Inc.; G. H. Craw-,
ford 8c Co., Inc.; Frost, Read & Simons, Inc.; Howard; ;
3:!i% de¬
refunding.
'Purpose,
privately through The First Boston
;
.
.
MISCELLANEOUS
Sons;
Ac
Brown
7
'
Purpose,
par).
'
-
$115,839 Central
&
Power
(no
Alex.
UTILITIES
Telephone & Telegraph Co. 15-year
*$9,500,000 Associated
.
Light Co. 200,G0C shares of common
finance construction.
Price, ,
$29.50 per share.
O.'fered by Merrill Lynch, Pierce. Fenner
Ac
Bcane; R. 3.
Dickson Ac Co., Inc.; The First Boston
Corp.; Goldman, Sachs Ac Co.;
Kidder, Peabody Ac Co.;
Smith, Barney Ac Co.; Central Republic Co. (Inc.); Drexel
Ac Co.; Hornblower Ac Weeks; W. C. Langley Ac Co.; Paine,
Webber, Jackson Ac Curtis; Shields & Co.; Bache & Co.; ;
stock
515,642,000
PUBLIC
■%''< "
$775,000
,
and Co.
and Boettcher
Inc.,
!
and R. S, Dickson Ac Co., Inc.
Fenner Ac Beane
.
V' 5,900,000 Carolina
'
,
„
,
'
:}
,
,
' ;.7;/ JPL'BLIC UTILITIES / 9,^
_
^
York Central RR.
Wells Ac
prices.)
$3,300,000 Carolina Power & Lighr Co, 30,000 shares of $5 cumulative
7/
preferred stock (no par).
Purpose, finance construction.
1
Price, $110 per share.
Offered by Merrill Lynch, Pierce,
23/4% equipment trust certificates,
due
$308,000 annually Oct. 1,
1950-1964. Purpose, pur¬
chase of equipment. Priced to yield from 1.40% to 2.925%
according to maturity.
Offered by Halsey, Stuart Ac Co.
Inc.; A. G. Becker & Co., Inc.; Blair Ac Co., Inc.; Equi¬
table
Securities
Corp.;
Hornblower Ac Weeks;
Merrill
Lynch, Pierce, Fenner & Eiane; Otis Ac Co. (Inc.); Phelps,
Fenn
Ac Co.; First of Michigan Corp.;
Freeman & Co.;
Hayden,
Miller Ac Co.; Wm. E. Pollock Ac Co., Inc.;
Clayton Securities Corp.; Juli'en Collins Ac Co.; Kebbon,
McCormitk & Co.; McMaster Hutchison & Co.; Mullaney,
19,120 000 New
'
value are taken at par, while pre*
all c.asseg.of common stock are
par
computed at their offering
■9. :
Ac Co.
Illinois Co.; Freeman
Otis Ac Co.; The
Inc.;
Webber, Jackson & Curtis;
California Co.; Sutro & Co.; Hill,
Richards 8c Co.; Walston, Hoffman & Goodwin; Cruttenden
& Co.;
Kebbon, McCormick & Co.; Blunt, Ellis &
Simmons; Pacific Co. of'California; Wagenseller & Durst,
Co.; First
Shhjjds &
stocks of no par value and
ferred
,7
shares
Staats Co.; Paine,
William R.
.
STOCKS
stocks of a stated
(Preferred
Offered'for subscription by stockholders.
offered 'by White, Weld & Co.;
share.
per
Unsubscribed
Sold privately to Pruden¬
/77:!
$23,200,000
Brothers.
Indiana Harbor Belt RR. 2%% equipment trust certifi¬
cates, due $198,000 annually Sept/ 15, 1950-1964,
Purpose,
purchase of equipment,
triced to yield from 1.30% to
2.75% according to maturity.
Offered by Halsey. Stuart Ac
Co.
$11
"
r
Purpose, refunding f
1961.
.)
1%% equipment trust
certiorates, series F, due $148,000 semi-annually April l,
1950-Oct. 1, 1961.
Purpose, purchase of equipment, triced
to
yield lrom
1.10% to 2.30% according to maturity.
by Harriman
notes, dated Sept. 1,
($3,665,000),,
Stores, Inc., 4%
Purpose,
$2),
(par
Sold
par.
Co., Inc. 25,000 shares of common
plant expansion, etc. Price,
Sea Food
Camp
Price,
Diversifisd Services, Inc.
privately to Investors
275,000 Van
preferred stock (par
dank- loans.
retire
Purpose,
$100).
-
-
.
stock
corporate purposes ($1,835,000).
tial Insurance Co. of America.
RAILROADS
Offered
'
Bros, Ac Eoyce,
Ac Co. and Stein
'
*5,500,000 Grayson-Robinson
1950, due Sept. 1,
.
Island & Pacific RR.
t$3,552,009 Chicago Reck
Co.
Insurance
Baltimore 3% serial notes, due
1957-bl. Purpose, corporate purposes. Sold pri¬
institutional investors through Kidder, Peabody
i,
vately
/fi'
Maturing Later
Notes (Issues
Long-Term Bonds and
March
1949
During September,
Life
York
New
to
*2,500,000 Finance Co. of America at
MANUFACTURING
AND
5,000 shares 5V»%
Co.
*$500,000 Dobeckmun
general
borrowings,
INDUSTRIAL
OTHER
15-year 3% note. Purpose, refund bank
corporate purposes.
Sold privately
Inc.,
*10,000,000 Bullock's,
3)
(Continued from page
Inc.,
Pacific
Co.
Hoffman Ac Good¬
McCormick Ac Co.; Blunt
of
and Boettcher and
California;
Co.
Wagenseller
9
$37,214,340
1
W. Cherry Co.
•Represents issues placed privately.
^Indicates issues sold competitively.
Volume 170
Number 4849
THE
General Corporation
"
:
all
debts
certificates
Dominion
If
.
and
the
Provincial
meeting of
proposed
final
obligations
to
make
169,
/
final
to
the
approves
immediate
what
of
subject-
'
-
'•
-
clearance
by
the
authorities.
tax
stockholders
an
distribution
cleared.—V.
but
division
distribution
remains
as
of
share
$20
a
the
as
soon
assets
cf
tax
it is
and
question
a
The issue
Donald Gordon;
Chairman
on
retire
the Bank
Deputy Governor of
appointed
Dec.
President
and
1949.-«-V.
31,
170,
R,
Sept. 30—
1949—3 Mos.—1948
:
has
been
who
Co.
1079. i
p.
4Based
Gross
185,386,605
147,382,015
4,580,809
13,033,261
6,421,880
$1.22
$3.40
$1.11
3,764,480
on
shares
($10
par)
share
7..
from
cents
1948,
usual
was
quarterly
also
were
V.-169,
cents
declared, both payable Dec.
2748.
*
,*
p.
.Central Foundry Co. (&
Period End. Sept. 30— •
Profit before deprec.™
1
Depreciation
Canadian
excess
the
on
$1.10
61,455
Int.
long-term
on
Pe<i.
income
debt-
tax
5,954
(est.)
$1,607,362
202,580
183,899
$1,182,468
$1,423,463
i
11,309
22,546
-36,781
223,060
y
447,610
$357,547
"
$712,312
i:
—V.
170,
687.-.
p.
,
directors
share
and
on
the
Oct.
declared
13
special divided of
a
pel
cents
20
have
quarterly dividend of 40 cents per share on
the common stock, both payable Nov. 15 to holders of record Nov. 1.
This brings total payments in 1949 to $1.80 per
share, compared With
$1.60 in 1948.—V. 170, p. 979.V
Central Maine Power
Period End. Sept. 30—
Operating* revenues
Operating expenses-*—-
$1,923,140
____
Taxes"
Co.—Earnings—-
1949—Month—1948
State
and
municipal-
Fed.—other
Federal
'
than
1,129,187
r
,.
r
.
•
39,230
v
r
share
$
11,470,000
1,525,500
12,935,164
13,129,332
5,229,769
34,942,081
3,339,929
24,303,472
15,697,431
24,083,258
Nil
$0.42
$1.93
$3.01
.
Pere
,
1948,
for
net
»
r
intensive
■
income
Net
.
income
oper,
,
NOn-eperating
1
Gross
Total
(
$444,827 ; $5,938,755-
(
"J 1,319
-
______
2,031
$507,769
inc. (net)
income
$506,450
-
$446,858
deductions-.--—
152,510
5;
ICC
accrued
18,953
the
at
strike's, end
probably would
strain
facilities.
silrge
34,818
1.797,186
1,566,209
.
Net
■'? $355,259
income
$290,787
'
'£'" 67,040
$4,160,522
67,041
The
'
10
authorized
in
170,
cbmpariy
Oct.
on
step, in
its
I
Balance for
Times
funded
earned
1
stock
com.
debt
$288,219
,
asked
first
int.
\,
(after inc. tax)
per
stock
«
(1,976,911
v.-170,
*
2.02
>
•
shs.)
■
;
;
'f
f
r
;
.
■
*•
2.67
.
-2,30
.
$0.11
redeem
$1.70
the
and
to
company
the
obligation
assume
with
the
placed
13
first
the
its
ICC
for
funded
has
narily payable
far
this year,
arid
of
50
9
Central
been
before
Judge
on
and
pany,
of all
to
hearings
■
the
on
stock, par
common
made as follows:
were
dividend
On
Jan.
10,
Nov.
will
plans until
by
the
Hutcheson
reorganization
in
the
the
of
U.-
$1.
'
£
,
S.
a
v
the
issuance
of
for reorganization
stockholder to stay
common
determination
of
)
of
.
Public
SEC
Power
Light
&
York,
the
first
and
on
mortgage.
after
Dec,
when^the rights
plan,
as
1947,
and
of
*
Act
Court
.
1935
the
1944.
to
amended,
the
Section
and
11
of
^
—V.
approved
District
by
the
done
have
in
prior to
Dec.
and
cease
to
now
bonds
to
deposit,
on
and
and
such
to
necessary
rights
all
of
Ogden
funds
free
holders
payment
provision
funds
for
shall
of
possession
secure
such
to
persons
is
successors
claim
any
of
or
lien
or
the
such
should
166,
-Quarter Ended-'-
to
gold
at
Cherry-Burrell
The
directors
share
per
Oct.
31
declaration
the
on
of
35c
31
each
4%
holders
of
common
Jan.
have
the
on
to
declared
record
were
on
received
April
the
30,
made
on
usual
Oct.
the
15c
24.
common
per
1949.
the
but
share,
Last* year,
common
stock,
took
dividend
stock.
par
On
compared
four
$100.
July
w'th
170,
p.
of
a
5.a
229,284,000
0.9
"open-end
four
and
of
cents
19
cents
1,
Nov.
company's
total
The
share,
investment fund,
payable
Nov.
with
compares
on Feb.
15 and
the highest annual
Is
and
with
compares
-v
...
-
18
May
16,
to
continue
in
The
sales
paid
i
-
-
net assets (with securities at market
number of outstanding shares reached
Sept; 30—
-.
<
income
profit
1947
$3,370,100
$3,187,400
$2,470,7CO
2,561,000
2,390,100
19,500
10,600
2,125,300
33,500
321,000
319,000
'
—
-
140,000
$467,700*
$468,600
-
$171,900
includes
charges for depreciation and
of 1949 and $146,400 for 1948
$143,600 for nine months
1947.—Vv 170, p. 688.
of
1948
1949
taxes
-
I
Earnings—
■
————-——
depletion
and
I
expenses—-™.,
deductions (net)—™—
NOTE—The-above-statement
■>
$123,600 for
'-
-
public
to
one
'
•
($7.50
170,;
ment
by
W.
of
Cities
market
common
stock
balance
being
the
further
conditions
believes
30,
erties
sell
to
of all of
•" *
5%
300.
'J
over
the
Eastern
disclosed
on
oils
will
from
ocean
plants.
of
supply
of
Cities
N.
the
C.,
Cities
located
distributors
York
New
terminals,
at
except
1
„
Oct.
15
In
to
of
gasolene,
additions
in
as
a
move
for
advahtage,
a
Washington,
properties
joint
V.
is
the
170,
a
final
Middle
p.
of
step
Conoco
by
branded
Continental
to
West, the Southwest and
1492.
NaUonal
Bankers Trust Co.,
Co.,
Bank,-New
York;
shift Its
and'
as
,
.
common
a
Corp.—Files With SEC—
letter of notification with the SEC for
which, are
stock,
to
be
sold
at
$14.50
Eastern
sea¬
Mountain States."^—
is
widely
,L.
also
Chicago
and
since
department
of
n
with
of
Maurice
Rothmoor
L.
Rothschild,
makers of
Corp.,
Vice-
store,
has
.
Young-Quinlan,
women's coats
'
Mayer's election,
Grocers Corp., and
Mr.
Consolidated
Vice-President.
1*931
■
director
a
suits.
of
retailer
known
Rothschild,
director.
a
Madden, Treas¬
director, was elected-a.
William J.
a
-
*
Unit Sales About Same as 1948—Dollar Volume
Slight¬
far in its fiscal year beginning July 1, Is
tonnage as last year, according to Nathan
But" dollar volume is down a little becausefood prices are
slightly lower, be added.
For
the current fiscal
year,
Mr. Cummings said, the corporation
This
selling
corporation,
about
Cummings.
'
as
Mayer,
Maurice
of
ly Lower—
mar¬
retail
well
B.
Simultaneous
urer
ocean
at
the
par)
7 filed
Minneapolis,' and
'Inc.,
v
prop¬
approximately
kerosene, fuel and
on
($1
elected
He
of
ftiarketing investment
the Rocky
Brooklyn Trust Co.,
& Trust.
Central Hanover Bank
Co., Corn Exchange Bank Trust Co.
to
President
the
so
same
Chairman.
greater tonnage than last year, with lower dollar
a
little less. However, he added, profits thus
have been "pretty good."
For the
year ended June 30,
1949, sales totaled $151,404,175 ana;
net profit amounted to $2,506,032, equal to $2.71 per common share.
Mr.
Cummings said
prices paid by retailers for the 1949 paclc
of canned
fruits and
for some vegetables will average about
lSf*
less
than
what
was
paid for the
1948 pack. He added that tha
current
year
will be a good one for canned foods, because they
are
priced in line with the income of the average femily.—V. 170,
probably
will do
volume, and
far
marketing
until
these
Robert
■„
C.,
same
Aufred J. Proffitt, Altariena, Calif.
Mr. Proffitt wilt
shares through Hopkins, Harbach & Co., Los Angeles^
will be used for working capital.—V. 170, p. 1392.
Share
Proceeds
announce-
described the
bulk plants,
D.
the
run
,
those
marketing in the East
concentrating its marketing capital to the best pos¬
L. F. McCollum, President of Continental Oil Co.,
"Discontinuance
board
to
the Manhattan
shares
pef
resell
at
and
$50,000,000
a
National Bank,. New York; Guaranty Trust Co. ot
Trust Co., Manufacturers Trust Co., J. P. Morgan
&
Go.
Incorporated, The New York Trust Co., United States Trust
Co.: of New York.—V. 170, p. 1493.
been
increase substantially Cities Service Co.
the Eastern seaboard, greatly strengthening
Md.,
for
Also, The First
York, Irving
'
Prop¬
will
along
of
Chase
Chemical Bank & Trust
"J 200
case
Baltimore, Md.., Norfolk, Va„ and
will provide storage for stocks brought in by
Service system.
Connections -are Tmade to bargeRichmond and Warsaw, Va., and to inland bulk
Baltimore,
that the company
Tapscott said.
The company on Oct.
■
These
18
banks
National City Bank of New York will act as clearing agent for
credit." Other oanks participating are:
Bank
Florida.
located
York
New
•'
marketing
Service :Co;j
New
Consolidated Grocers Corp.—New Director—
Marketing
as
comprising service stations,
barge terminals.
The facilities, valued
and
each
•-
President
o*
week
same
,
announced Oct.
15
•
The
1
.-y.
firms.
two
of
Co.,
Such redemptions
debentures
Eastern
the
stock'
such
redeem—in
debentures.
the
Continental :Oil's
Jones,
and
ago
of 5% gold debentures due
gold debentures due 1969 as the bal¬
to
893,600,000
in
The
the
such
$9,618,700
transferred
terminals
last,
each
Mr.
that
1963,
retirement
with
Consolidated Engineering
sufficient
to
amounted
Borrowings will be made in connection with the company's construc¬
tion program and in-anticipation of permanent long-term financing,
competitive
be
week
Oct. 20, 1949.
A $70,000,000 credit with
expired on Oct. 14.
The new credit will
banks
October, 1950.
com¬
due
will
arranarements
effective
group
,
the proceeds of the sale to the redemption
gold .debentures, due 1958, $5,125,000 of its
proceeds
In the same
gas
Tapscott; Chairman,
made
credit,
par)
months
of
Arranges $50,000,000 Bank Credit—
Ralph H.
had
"
by
distribution
feet," compared with 984,600,000 cubic feet
year, a decrease of 9.2%.-
preceding
*
5%
its
net
the
Alton
sible
25c
1
was
said:
payments
Local
the
Public
establishing new marketing areas in Virginia.
Describing Conoco's withdrawal from direct
$1
The company on Oct. 19 announced that local distribution bf elec¬
tricity for the week ending Oct. 16, 1949, amounted to 213,100,000 kwl».,
with 195,900,000 kwh. for the corresponding week of last
'.year, an Increase of 8.8%.
•
*
■compared
,
more
or
Inc.—Output—
'
time, assuming continuance of sub¬
conditions.
approximately six
apply
company has taken
Continental Oil Co., it was
the
on
Consolidated Edison Co. of New York,
cor¬
SEC
■
1
shares for the first half of 1949.—V. 168, p. 1359.
and
Net
.
after
opera-
Ohio
the
of
i
disburse¬
cents
■
-
cents
high total of 1,557,497, an increase of 207,780 shares
outstanding on June 30, 1949.
There was a «net in-
total
of 224,139
Federal
-
.
this
of
•,
to
15
five
each
1949
)
$5,322,105.
mutual
or
per
cents
for
history,
the
1949,
30,
all-time
Other
;:.y.
Interest
one
present
time
one
This
payable
action
quarterly
stock.—V.
6.2
1.1
1949. / This
total
Sept.
Costs
in¬
days of Novemben—-y.
'
keting outlets
Dividend—
no
231,126,000
232,032,000
a Canadian
dividend of six
15,-last,
the
the
Net
large underwriting
sufficiently large group of underwriters
market
under
with
"
positions
quarterly
preferred
cumulative
of
dividend
a
stock
and
Corp.—Omits Common
able
•
'
erties—
$1.82
>
the
Acquires
2,117,429
,
% Deer.
230,535,000
record
a
of
9 Months Ended
170,
curtailing
1
,
"negotiate
1969.-
profit after charges and taxes_^_n„___1,991,360
^Earnings per common share—™
*_
$1.70
f
;
at
complete the
terminals
'
start
outstanding,
the .redemption price specified in such
tankers
.
divisions
will
to be
shares
3,000,000
aggregate
debentures
Wilmington,
1447.
the
of
stock
2,000,000
organizing
will
$20.524,G89
p.
of
such
of
The
—
Co.'s
1966, and such amount of its 5%
Mar. 31,'49
^ After provision for preferred dividends.—V. 169,
all
Plymouth,
for the first, few
sell
to
shares
$7,500,000,
Net
an
intends
$20,181,698
—
to
present
practicable
spld
June 30,'49
sales
that
division expects
Service
the
$7,500,000
lube
Net
of
due
assigns, shall
with
respect
Champion Paper & Fibre Co.—Earnings—
Cities
possible
not
ance
shall
2320.
p.
it
is
of
'
forward
four
past
219,979,000
Consolidated Cement Corp.-
"I
requests that the sale of the stock be exempted from the
Cities
funds
funds
of
pur-chase all of the stock at
were
time
principal and interest now
their bond6,
with Jan.
1,
1945,
coupons attached, to
Chase Na¬
maturing interest
Bank, 43 Exchange Place. New York.-r-V.
the
of
1948
-
'■ 227,332,000
The
new
has not been sufficiently 'seasoned',"
expire.' The
such
been
also
228,005,000
1948.
of
■j
unpaid
of
subsequently
tional
leaving
output totals
with 1948:
1949
corporation,
crease
;
compliance with outstanding orders
filing made with the Commission,
firms -capable
5%
such
'
receive
this
six
and
air-sterilizing
has
an
used
bidding.—V,
kilowatt-hour
1
in
over
k
J
makes
to
Corp.,
V'
•
1
order
In
1950,
determine,
entitled
be
thereto.'
17,
acts
1,
the
are
~V
Aug.
At
bidding, both because of
the large amount of stock and
money involved and because the pres-'
ently outstanding 1,000,000 shares;of stock In the hands of the public,
was
all
Nov.
competitive
coolers
with
Co.—Weekly Output—
J™™™™™*.
1949.
may
2,000,000
approved by the SEC, by order dated July 29,
by the U. S, District Court for the District
Delaware, by order dated Dec. 3, 1947,
The plan, as amended, provides that, if any holders of bonds shall
not
to
and
Provision
another building
of
the group,
is
contains
laboratories, animal rooms
building.—V. 170, p. 688.
the
percentage comparisons
declared
ment
bidding requirements of the Commission's Rule U-50, in order
negotiate for the underwriting of the stock.
Cities be-
it
lieves
it
the
Delaware,
of
be
pharemployees.
completed.
170, p. 1492.
^ paid
pledged
or
will
of
its
the
other
300
been
together
of
and
the outside of
1™_
This
Co.—Seeks Exemption
the public.
stantially
approved
was
sold
loan
ki
Out
Cities
the
of
of
Co.
petitive
that
"
plan
holders
of
be
or
installed,
to
has
216,806,000
8
Oct.
has
and
$25,760,000
;;
Service
sale
Ohio
to
of
exception
,...
held, by
V-;.
of
for
the current rate
the
18
Oct,
on
at
1291.
of
since
Corp.—Bondholders
provisions
announced
proposed, in a
Cities proposes
discharge of the bonds and satisfaction
interest on the bonds ceased to accrue
All
16,
amendment
An
and
to
sale
o-':
The Plymouth
The
against the
bonds, - funds sufficient to pay the unpaid principal
bonds, together with interest thereon up to Dec. 16,
payment
B,
the
before
or
on
incident
steps
31.;
Service
*
November, 1944, deposited with Ch*se National
Bank,
trustee under the first mortgage dated Jan. l, 1928,
full
of
antibiotics and
increased
apparatus.
Oct. 15
cubic
com¬
the
of
in
the
Company*
District
8.
series
•:
Oct.
„
,
as
the
amount
of: the
U.
in
company
1.944,
Holding
the
securing
filed under
plan
a
Utility
and
New
to
redemption
for
and
•Sept. 24
From Competi; tive Bidding in Sale of Ohio Public Service Co. Stock—
consideration
pending law suits
Claims Expire Dec. 17, 1950—p'."Pursuant
of
;•
Cities
r.
'
States
bonds,
Proceeds
large portion
a
laboratory,
air-conditioned
on
Following
-Oct.
<
•
approve
3'/4%
loarr.
with
P.
V
former management. : The company has been Jn reorganization
1942 under the Federal Bankruptcy Act.—V. 170, p. 1080.
Central
offer
/
was
tions
So
District
/
plans
been
essential
Week Ended—
outstanding
poration,
-./
corporation- have
9.
consider
motion
a
Sterling
the
*'
ordi¬
50 cents?
dividends
July 9, 25 fcents each, / Four quarterly
were
paid in 1948.-t-V. 169, p.-599.
'
Richmond
postponed
"The
about Oct. 14
or
the
States Electric Corp.—Hearings Nov. 9—.
^Hearings
at
declaration of
the
on
and
each
cents
Court
on
taken
distributions
April
on
been
runs
weeks
about
of
of
been
research
a
will continue
Commonwealth International Corp., Ltd.—6-Cent Div.
approval
debt
.Chrysler Corp.—Plans to Curtail Operations—
It
action
have
other
and
value)-were
before
refinance
to
has
in
diversification
Electricity output of Commonwealth Edison Co. and associated companies, excluding sales to other electric utilities, for the week ended
Oct. 15 showed a 6.2% decrease from -the corresponding week a year
certain
of
procurement
chemistry,
studies
to
staff
Commonwealth Edison
'*
*.
,
,
of
step
company
$1.02
■
Central Ohio Steel Products Co.—Omits Dividend—'
No
v
devoted
fermenters
completely
first mortgage series A bonds on Jan. 1,
1950, at 10414 and interest to redemption date, a total of $27,436,305.
The company asked
to be relieved from
ICC
rules
requiring compejtitive bidding because^ under the first mortgage, it must publish
p. .1492..
v-
research
pharmacological
A
;
.
ICC- to
5-year
all
sufficient-time
1.86
;
;
•-.
$0.15
1492.
p.
3.21
.
-'"..v'P'
2.32
share of
com.
2.99
3.18
*
*
mortgage
to
r$3,356,174. $2,007,079
be
field
latest
increased
the
anaerobic fermentation equipment..
A control lab, as well as
area and equipment and finishing rooms, for products of a
requiring sterile handling are included.
nature
.
plan
the
against-a. short-term
.
Times, fixed charges
&
•! pfd. div. require, earned
Earns,
$223;746
(
will
The
stockholders
the
:
road
"1
"
the
in
the
is
the
to
While
processing
ago.
,
connection
1391.
p.
1»
804,349
led
made for
r
upgraded.
:
$60,000,000..
$2,811,428
>
) 804,348
.
center
has
operations.
two-story bacteriological pilot plant
1500-gallon steel fermenters with cookers
400-gallon
Certificates—
dividends
."interim'.'-
The
Preferred div. requirem ts
researches
equipment
..
J
*
which
new
Six
in
boxcars
2,694
'
Oct.
Completes Addition to
—
-
-
researt:h
new
Solvents'
maceuticals.
includes net debit of $936,300
of possible deficiency in income
Chicago Rock Island # Pacific RR.—May Refund—
$4,377,637
156,071
V.
$4,342,819
.$5,957,708
the
facilities
new
.
a
>
elected
■'
program
Commercial
-
:
i
.
one-seventh
expected
and
board of directors meeting in Novem¬
an
Assistant Vice-President and a
next
be
1
Opening of
expasion
liabilityin. respect of not exceeding $4,500,000 equipment trust cer¬
tificates, series KK, to be issued by the Continental Illinois National
Bank &
Trust
Co. of
Chicago, as trustee, and sold at 99.676 and
?
349,267
170, p. 1492.
A
-
1,374,775 ; ; equipment.—V.
;
will
joined
of Research.
after merger of Chesaj
and after allowing for preferred
Marquette,
f Deficit;
.
17,344,318
shares outstanding
of
railroad's
rebuilt
Franklin
The new laboratories, dedicated to Major Theodore P. Walker, Chairof the board, were opened by Henry E'. Perry, President, who
formally turned the facilities over to T. S. Carswell, Vice-President in.,'
Charge of Research and Development, and Dr. Jerome Martin, Director
,
1,591,905:
416,566
2,059,085
,
been
The
,12,084,986
1,732,222
34,130
$
2,594,280
.
number
this
ment Trust
$19,743,752
11,079,089
148,300
,
'
Chicago, Milwaukee, St. Paul & Pacific RR.—Equip¬
^
:
r
132,240
162,060
inc.
taxes-,190,583
income
•
•
the
of
,1391,
P.
1949—12 Mos.—1948.
$1,888,684 $21,225,717
1,024,817
"'■*'■
v
1949—9 Mos.—1948
$
However, ■ in spite of
what the railroads can do toward bettering
equipment, a car shortage
during the coal-burning season is probable, Mr. Tuohy said.-f-V. 170,
regular
Kramer
He
Commercial Solvents Corp.
30,051,099 217,325,876 249,636,920
business, Mr. Tuohy said, the
C. .& O. -has been continuing its program of repairing coal cars and
upgrading boxcars in spite of shutting down a large part of its other
activtiesj. Sixteen coal cars are being rebuilt each day and 15 boxcars
are
being upgraded daily. Since the first of the year 2,184 coal cars
Central Louisiana Electric Co., Inc.—Special
The
of
demand.
of
$2,000,000 addition to -its research center which more than doublcrj
previous facilities has been put into operation by the corporation at
Terre Haute, Ind.
155,626
shipments
coal
O.
Because
$864,233
expected that at the
,
C.
Bankers
on
shares
common
A
1708,292
on
175,549
,
Research Center—
week.
iCTT. Tuohy said that because of a pent-up demand for
coal, particu¬
larly for the high-grade specialty, coals produced by the mines 'on the
522,449
123,300
$194,759
profit
—V.
2VeS.
1,477,192
income
com.
the
promissory note payable
a
Co., Inc., from Atlas Corp. and Wertheim & Co. at $1
City Stores Co. now owns 80.11% of Franklin Simon stock.—
1291.
Sam
&
Crl90,000
per
by
to purchase
,man
taxes
capacity
Net
for
Holdings of
from
Lehman
There were only five working days in the bituminous coal mines la
September, 1949. Walter J. Tuohy, President, announced that a miners'
strike
cutting off production of bituminous coal, which constituted
68-% of the gross tonnage carried by the C. & O. last
year,- started
Sept., 19, and prior to that the miners were working only three days
1949—9 Mcs.—1948
V
Stuart
and
,
$1,385,048
$591,916
Inc.
Increase
$1,404,392
this organization cn Oct. 17 and his duties will
consist of being in complete charge of the merchandising and
selling
of dress fabrics and suiting fabrics for women's wear manufacturers.
bid
excess profits taxes years 1939^-1945,
and interest thereon to Dec.
31/ 1947, less potential income tax saving on such interest.
Period to
September, 1948 net income includes net debit of $3,745,200 represent¬
ing accruals for four-sevenths of said possible deficiency.
:
Sub.)—Earnings—
$324,013
opers
It is
cost
(Inc.)
to
borrowed
company
used
was
170, p.
director.
and
\
66,928
from
Co.,
&
Co.
Halsey,
coupon.
Ripley
1949—Month—194J3
railway taxes____
railway oper. inc.—
a
Profit
&
Borrows
—
1
Colonial Mills, Inc.—Kramer to Become Director—
prof¬
representing accruals
share
per
'
Hall
&
share.
V.
in¬
NOTE—September,
on
1949—3 Mos—1948
$390,941 -i' $653,371
Harris,
,2%
a
both
99.5223,
dividend, requirements.
the $2.50 preferred stock
to holders of record Nov. 7.—
share
per
bid
peike and. Ohio and
stock, payable Dec. 1 t<3 holders of record.
17V2 cents per share paid each quarter,
including Sept. 1, 1949.
Previously, 15.
paid each three months,
dividends of 27 V* cents
on
18,990,328
'Calculated
and
preferred stock and 62V2
(jointly)
'Earns,
with
to
both
and
Co.
the
Cohp., evidenced
money
Simon
-a
'
and
its
Net
common
compares
1,
share
per
The
-
the
on.
This
Sept.
bid of 99.117, a net interest
a
Harriman
and
Other
out¬
now
Central Arizona Light & Power Co.—Larger Dividend
The directors cn Oct." 19 declared a quarterly dividend of 20 cents
Nov.
99.091
certificates,
99.809
.
income
S.
Net
per
the
bid
come and
$1.71
stock
common
U.
1187.
p.
on
$
$
4,393,403
standing.—V. 170,
for
Inc.
bid
Period End. Sept. 30—
$
57,232,924
^Profit per com. share
The
v
Corp.
1949—9 Mos.—1948
.*
57,381,888
Profit
19
Stores
September,
Securities
September Earnings Off—
J
$
$.
Sales
C.
In
a group
ber,
awarded Oct.
was
Higginson
99.06
Brothers
Caterpillar Tractor Co.—Earnings—
Period End.
Lee
Vaughan,
Canada,
0i
succeed
to
by
City
.
2.114%.
of
Canadian National Ry.—New Head Appointed—
wiH
made Oct. 20
was
(1595)
Franklin Simon Stock—
:
Stroud & Co., Inc.
is
2748.
p.
CHRONICLE
headed by Salo¬
mon Bros. & Hutzler.
The certificates mature $120,000
each May 1, and Nov. 1 from May 1, 1§50 to Nov.
1, 1964,
and are priced to yield from 1.10% to 2.425%. The bonds
are
issued under the Philadelphia plan and are being
offered subject to approval of the ICC. Associated in the
offering are Drexel & Co., Union Securities Corp. and
,L
(Continued from page 2)
and
FINANCIAL
Offered—Offering of $3,600,000 2% serial equipment trust
•
for
&
Chesapeake & Ohio Ry.—Equipment Trust Certificates
and
Investment News
i
COMMERCIAL
r»
in
11
this
a
profits
fiscal
year
Federal
before
earnings
Net
Earns,
share—
com.
per
Sales
—
the
for
$5,969 732
$7,577,721
$5.73
ended Sept. 30, 1949, were
for the corresponding period
in 1948, a
14.4%.
(decrease of
SHEET
CONSOLIDATED BALANCE
$f«m'586
assets—
Cash
U.
securities
Govt,
and
Inventories
and
Cash
U.
tPlant
advances—;—
charges
Goodwill
1,273,932
—i—~
33,048,416
35.506,784
(net)__—r
equipment
and
4,350,000
—
—
and
Investments
set aside for
securities
Govt,
S.
1,202,032
-
——-*
1,188,846
patents
and
of
$67,972,364 $03,167,601
Total
corporation.
the
payaole
and otner liabilities
Provision for Federal income taxes
Accrued
wages
for
Reserve
Dividends
-
2,006,075
841,045
adjustments
payable
Preferred
stock
shares)
(9^0,4.4
Paid-in
surplus
Earned
surpius
26,665,541
Drl70,458
treasury—
*.
of EUA, majority stockholder
the dissolution
for
Valley, and disposal of its assets among security noiders
year pursuant to a fair and equitable plan, to be approved
one
alternative
other
terest
Under
Co.
the
in
Fall
Electric
provides
for
system.
Gas
in¬
electric
.integrated
an
of the gas division of Biackstone Valley
this plan, EUA would purchase a majority
disposal
the
England
River
Light
Electric
Co.,
held
now
the
by
New
System.
the stock basis,
that would meet the
of the Holding Company Act.
It
would give EUA control of the Biackstone Valley Gas & Electric
Co—minus its gas properties—the Fall River company, the Brockton
Edison
Co., and the Montaup Electric Co.
At present, EUA owns
99.2%
of Biackstone Valley,
97.4% of Brockton, and through its
subsidiary companies 67.05% of Montaup.—V. 170, p. 1293.
holding company, after adjustment of
resultant
The
would
become
electrical
integrated
an
system
requirements of the SECs interpretation
> Eastman Kodak Co.—New Recordak Reader—
Duluth South Shore &
'
•
•
j -J
improve
film,
with
subscription period will expire Dec. 5, 1949.
'
.
the reading efficiency of microfilm records, which are
at. high ratios of reductions on both sides of 16mm,
Recordak Corp., a subsidiary, announces a new reader unit
greater magnification which brings these smaller images back to
To
photographed
clearly readable size.
tne
the
1,
Similar
in
Recordak
design
for banks, retail stores, and business
either the duplex or duo method of microfilming.
♦**
of
One
Atlantic Ry.—Reorganization—
the
offices
than
more
included in the
is
readers
Triplex
Recordak
the
and
using
now
rental cost of both the
Microfilmers. In some
stores,- where the volume of reference work requires
reader, additional reader units can be rented for $7.50
retail
and
banks
new
Duplex
i Recordak
will be held Oct. 25 in the Federal Court at Minneapolis
on
the reorganization proceedings of the company and Its subsidiary,
Mineral Range RR.
"■v;
At that time the court will consider a petition of the reorganization
in the
designed
"table top"
16mm.
readers
equipment, the new reader ig
current
to
microfilming,
of
line
especially
Hearing
one
ivy;.
month.
a
as«the Model PF, the new Recordak Film Reader Is
consummation order and final decree vesting the
available for immediate delivery.—V. 170, p. 1081.
;*,
properties
in
the
reorganized company,--Duluth,
South Shore &
Atlantic RR.
7
" v' v
' ■
In
the
reorganization, :the capitalization has-been cut by twoi
Eaton
Howard Balanced Fund—Asset Value Incr.—
thirds,
to $15,500,000, consisting of
$5,000,000 .first mortgage4 %
The report of, this Fund, as at Sept. 30, 1949, shows asset value per
50-year income bonds and $10,100,000 common stock (no - par)'.] but
; share of $25.71, as against $23.65 at the beginning of the year. Assets
stated at $5o a share.. Under the reorganization
plan; claims are
at the close of the period totaled $46,145,812, an increase of $9,116,570
computed as of Jan. 1, 1945. Holders of the outstanding first mortgage *
since Jan. 1, 1949.
Of the Fund, 19.9% was invested in government
5%
bonds, other than Canadian Pacific Ry.^ will receive for each
•.«
and corporate bonds, 19.5% in preferred stocks, while 59.6% was in$1,000 of bonds $600 in the. new first mortgage 4% income bonds,
; vested in common stocks and 1% was held in cash. The largest com¬
$125.45 in a cash distribution and 4% interest for each of the years
mon stock holdings were in power and light, oil, insurance, and natural
1945, 1947 and 1948 on-the $600 tn new bonds.—V. 170, p. 1393. :
i •
gas industries.—V. 170, p. 981. ••
^
tor
managers
Subs.)—Earnings—
the
provides
Electric
&
>
Continental Baking Co. (&
main
the Commission.
Involving
the SEC
proceeds, approximately $5,OoO,tOO is to be applied to
repayments of bank borrowings for construction
purposes and
balance
($8,994,860)
toward financing construction after Nov.
1949.—V. 170, p. 1292.
>:
''//•.
*
.
Walpole, Mass., President of EUA, said there
proposals, either of which could be initiated iI
stipulation. A ruling from SEC is expected in a
of
Perera
two
plan
The
par).
tne
Of
-
„
by
of rental in the amount of
registration statement with
14 filed a
suppdea by amendment. The
£>rl02,702
$67,972,364. $63,167,601
Book value of common stock per share—,——
J' $50.80
$48.07
♦Provision for Federal income taxes of $6,422,801 at Sept. 30, 1949,
and $7,596,493 at Dec. 31, 1948, less an equivalent amount in United
States Treasury Savings Notes,
tAfter reserves for depreciation or
425,517,097 at Sept.'30, 1949, and $23,728,028 at Dec,' 31, 1948.—
V. 170, p. 688.
-v //;•'
'
-I,. '
Total
the
($20
to all parties in (.he proceedings
which Is subject to approval by tne
/
time.
within
of an additional 699,743 shares of its capital
No underwriting is involved. The stock Is to be
offered for subscription at $20 per share by stockholders on the basis
of one new share for each ten shares held. The record date is to be
stock
stipulation
a
Biackstone
sale
proposing
23,962,511
.
;
in
Stock
Preferred
in
operates the railroad prop¬
a. lease arrangement which
lessee,
in
Co.—Registers Stock With SEC—
Oct.
1,110,522
10,000,000
19,809,480
3,829,851
974,638
10,000,000
19,809,480
3,829,851
———
stock
Common
The Company
price de¬
for
the
ol
Detroit Edison
98,900
—
——
possible iuture inventory
cline and other contingencies
Reserve
2,548,978
to
13 that counsel
stipulation,
the
approves
short
-
& Central Iowa Ry.
Iowa Terminal Co.
unaer
to
R.
these
SEC
individuals in question hold
provides for the payment by the
$10,200 a year.—V. 170, p. 369.
$1,910,061
$1,386,960
2,629,232
-----
Guido
One
Moines
Des
The
erties
LIABILITIES—
Accounts
tne
agreed
been
has
said Oct.
SEC
agreed
are
$1,080,000 of the debtor's first mortgage
reorganization they are, therefore, entitled
8,630,364
7,505,887
that
snows
which may eventually
Gas & Electric Co.'s
filed with the
disposal
Commission.
a total of
bonds.
Under the plan of
to a total of 12,972 shares
of stock of the new company.
They request that the stock be issued
to
them in
the following amounts: Salzberg, 10,377.6 shares; Gross,
1,945.8 shares, and Snerson, 648.6 shares.;
Tne old bonds held by
them were purchased in the open market prior to
the beginning of
the reorganization case.
Trie total number of shares sought by the
applicants is equivalent to approximately 75.67% of the stock to be
issued by the new company, and will enab.e them to exercise control
record
The
Hjq'qqJ
Z'tH't
-
improvements
Deferred
7,964.089
•——-
receivable
notes
The
had
Under the
RR.
the debtor.
the bondholders of
to
$7,521,000
,„i.r$7,808,884
—
8.
Accounts
Iowa
Central
&
for Dissolu-
SEC.
reorganization plan, the new
company was to Issue not exceeding 17,142 shares of common stock
(par $25), to be distributed to the holders of the first mortgage bonds
of the debtor company in the proportion of 12 shares for each $1,000
of
the debtor's bonds held.
It was also contemplated that the new
company
wouid make certain distributions of cash and new bonds
Moines
reorganization of the company,
of the Biackstone Valley
or
the
properties,
gas
of the Des
Act,
Bankruptcy
the
under
proceedings
reorganization
months
nine
$^8,146,151
with
compared
$3,361,810
$3.29
involve
The
Plans
Reorganization—
or
Dissolution
"
of the company.
Commission also approved the purchase by the Des Moines &
Central Iowa Ry. of the raiiroad properties of the Iowa Terminal Co.
The Des
Moines & Central Iowa Ry. is the
successor, through
*9-628.682 $12,222,299
3,658,950
4,644,578
$2,359,892
" $2.28
taxes
income
Federal
Gross
P.
Meyer
$5,422,340
2,060,530
tion
authorized the acquisition
7
ownership,
...000,QO
$3,806,315
1,446,423
taxes
income
1949—9 Mos.—1948
1949—3 Mos.—1948
Period End. Sept. 30—
Earnings
Oct.
ICC
The
<
Utilities .Associates—Files
Eastern
Central Iowa By.—Control, Etc.—
by Murray M. Salzberg,
and Morris H. Snerson of control, through stock
Des Moines &
Subs.)—Earnings
America. (&
Container Corp. of
Monday, October 24, 1949
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(1596)
8
Designated
a
.
*' (Sept. 24, '49 Sept. 25, '48 Sept. 27, '47
$37,103,481 $39,929,107 $36,609,027
27,062,439
26,OO0;993 ...
24,836,760
Cost of goods sold
—
—
8,108,359 " 7,466,324 ,"I
8,305,668
Cost of delivery and selling expenses
440,176
342,997
'
562,291
Depreciation
*
774,802
1,180,891
972,018
Advertising expenses
—
229,028
' 213,505
'
239,627
General and administrative expenses
200,000 *
99,750
*
175,000
Contribution to the Pension Fund13 Weeks Ended—-
sales
Met
"
"-
-
...
*
$1,298,567
$2,012,117' $3,114,304
•
Operating profit
Interest
——
'
received
659
4,185
38,765
22,503
7,358
——u——
"
Profit
on plant & equip, disposed of
during period
—
37,209
—
Miscellaneous
<
(E. J.) du Pont de Nemours &
349,364
577
income
Co. (Inc.)—Reports Gain
'Mr
in Number of Stockholders—
/•
4
Int.
—
debenture
3%
of
amortiz.
&
'
issuance
expense
L019
1,305
on
Provision
116,138
/;
121,221
128,014
—
redemption of 3% debs.
for Federal income tax-
Premium
104,448
different stockholders
as
of
Sept. 30, 1949, an increase of 4,785 over the number reported at the
close of the half year, June 30, and an increase of 9,547 since the
beginning of the year.
Practically all the increase was in the num¬
ber of holders of common stock.
Since the four-for-one split of the
common
stock on June 15, the rate of increase of its holders has
Company
$1,674,618
$3,153,727
$2,057,260
1,144~375
722,000
585,100
-
Amortization
of
Net income
Earped surplus at begin, of periodTotal
Dividends
preferred stock-
$5.50
on
Arthur,
W.
L.
succeed
Other
Oil
Continental
First
Boston
Life
due Oct.
County Gas Co. of Atlantic Highlands, N. J.—Tr. Agent
Midland
transfer
for
agent
Trust
the
of
Co.
has
been
without
stock,
common
appointed
York
par
value.—V.
New
net
will
proceeds
amount
construction
program.
to
approximately
,A
^
who
been elected
a
joined
director.—V.
170,
corporation
this
p.
Aug.
on
GIVING
issue
& Co.
Inc.
bid 99.66
The
was
awarded
Salomon
99.0971, bcth
for
will
equipment,
sisting of 25
a
on
2>/4%
a
as
estimated
passenger
train
to
99.5223,
bid
net
a
99.444
and
interest
Halsey,
cost
Stuart
Harris, Hall & Co.
coupon.
(Inc.)
„
provide
to
cost
cars.—V.
for
not
less
170,
p.
standard-gauge
new
than
$3,000,000,
con¬
1493.
Derby Gas & Electric Corp.—To Issue Stock—
The
Corporation
number
such
of
has
requested
shares
of
its
SEC
authorization
common
stock
(no
to
as
Approximately $295,000.
i .
There are presently outstanding 254,514 shares of the
ized
300,000 shares of< stock.
from
the
offered
Commission's
for
negotiated
Proceeds
sale
to
the
Sale of
competitive
public
the additional
bidding
through
rule.
and
issue
par)
will
sell
yield
total author¬
shares is exempt
The
underwriters
stock
will
pursuant
to
be
a
transaction.
will
be
5^4%
applied toward retirement of presently outstanding
short-term notes aggregating $295,000 held by
Manufacturers
Trust
Co.
The
S5
SEC
-
has
i
..
issued
an
v
order
to request a hearing.—V.
giving interested
166, p. 1785.
persons
$493,114
$756,835
$9,095,005
1.648
24,097
8,428
$467,260
43,252
$755,236
$9,070,908
$8,177,131
232
257,639
67,797
$530,513
tax
income "
2.433,177
231,615
1,915,770
2,333,054
$425,605
$4,979,599
$4,922,619
34.479
413,750
400,906
$391,125
$4,565,849
$4,521,713
$233,446 '
—
34,479
stock
pfd.
for
$8,244,928
$9,328,547
98,248
39,001
deducts.—
$755,468
258,065
tax
income
Balance
Oct.
due
until Oct.
amounts due
First
989,254
,
(including •,'*
.
..
-.y.
Bond
tion
HISTORY
AND
sition
1,500,000 shs,
l ;
'
BUSINESS—Company
was
formed in
Pennsylvania
/
.
J
population; U940 Federal census) of approximately 1,440,000, of
such census 671,659 reside in the City of Pittsburgh.
the
several underwriters
principal amounts of new bonds to be purchased by
are
as
follows:
:
Kuhn, Loeb & Co^_
Union Securities Corp^
—V.
170,
p.
1493.
•
'
£5,000,000
5,000,000
- -
Company
and
Act
existence as an investment
and
the
them, respectively,
«
A.
C.
Inc.
Allyn
and
Co.,
$5,000,000
acquired the stock of United Gas
& Light Corp., subject to a
Power
Electric
in the dissolu¬
commitment to
'
'
system."
order
The
also
..
reinstitutes
,i
.
proceedings
against
Bond
and Share
Sections 11(b)
(1) and 1Kb) (2> of the Act to .determine
whether Bond and Share may retain United Gas, Foreign Power, and
under
.
Ebasco
>
two of
any
or
these companies under the standards
of the Act.
'
The
tions
•
Commission's
with
proposal
Company
relation
order reserves the
the application,
to
to request
Act and to
exemption
right to raise further ques¬
including Bond and* Share's
from the
provisions of the Holding
remain in existence as an, investment company.
Protective Committee Seeks
SEC Permission to Oppose
~
Plan—
t
'
-
'
-
-
•
of Bond and Share
has
solicit stockholders*
support of the committee's opposition to the plan filed by
Bond and
Share for retention of United Gas Corp. stock.
The Committee states in part:
"It is our considered Judgment thai
this proposed plan is detrimental to your best interests because it
deprives you of the opportunity to realize the full value of Bond and
Share's assets.
Under the outstanding order of the SEC Bond and
Share is required to 'dispose-of the 2,870,653.17 shares of United Gas
Corp.
This is of substantial benefit to you because it makes it pos¬
sible for you to acquire this valuable United Gas stock from Bond
A
which according to
of
Share
and
ing company
V
gheny and Beaver Counties, Pa,, and one municipality in Westmoreland
County, Pa. This territory covers an area of approximately 817 square
miles, includes 144 communities (cities, boroughs and townships) in
which electric service is furnished by the company,, and has an aggre¬
names
Holding
the
The
i
2,152,828 shs.
indenture.
UNDERWRITERS—Hie
of
Commission's order specified that the intital hearings be confined to the question of "whether there exists such additional evidence
as should cause tire Commission to modify
the previous findings that
Bond and Share could not acquire securities of United Gas for reten¬
tion
and to find that such
acquisition meets the requirements ol
Section 10(c)
(2) and other applicable standards of the Act and will
not
result in corporate complexities in the Bond and
Share hold¬
275,000 shs.
and merger,of Duquesne Light Co., Monongahela
Light Co. and Oakmont & Verona Light, Heat.& Power Co„ under
agreement dated Nov. 15,'31912." The original Duquesne Light Co. was
incorporated Aug. 5, 1903; Monongahela Light Co., April 4, 1992; and
Oakmont & Verona Light, Heat & Power Co., June. 18, 1890.
The company is an operating public utility; company and
is now
engaged in
the production, transmission, distribution and sale of
electric energy.
Substantially all of the electric energy sold by the
company
is generated in its own plants.
The territory served em¬
braces the City of Pittsburgh and surrounding • municipalities in Alle¬
gate
called for a hearing to
by company whereby it
itself of that stock within one year from the date of acouibut reserving the privilege of requesting reconsideration of that
commitment.
•
;
;
—_
the consolidation
by
Inc. The
the provisions
Bond and Share remain in
that
of
divest
,
Maximum indebtedness presently au¬
thorized by stockholders is $100,000,000. »' . •
•=
tRepresents purchase obligations for,- and secured by, coal lands
and coal properties.
•
any
from
Share
.
Participating preferred stock ($100 par) •% 1,000,000 shs.
Common stock (no par)____.
4,500,000 shs.
by
.
Co.—Hearing on Plan Nov. 16—
14, the SEC
application filed
Oct.
an
•/
Corp. (consisting ol
of that company) in
Power Co., Inc. and
application also requests exemption of Bond
Services,
Ebasco
proposes
3,843,753
preferred stock ($100 par)
shares designated as 57o cum.
♦Unlimited
upon
v;'
.
to retain its interest in United Gas
2,870,653 shares (26.95%) of the common stock
addition to its interests in American & Foreign
Outstanding
within one year)—
preferred stock
16,
Nov.
,
company.;
500.000
first
:•
proposes
(interest rate
1979
1,
;
announced
order
an
held
and
long-term debt
1293.
Electric Bond & Share
•
i
I $198,967 ^
surplus
170, p.
In
sbe
1977 (interest rate
Aug, 1,
tMiscellaeous
of
2%s.
issued
be
bid
Hutzler
&
the certificates
certificates
railroad
on
Bros.
$8,185,559
•
83,806
; ;
devel.
—
req.
—V.
•
15,000,000
2.318%.
758,527
tax
and
income
Net
$75,000,000
Series
980.
RR.—Equipment Trust
Certificates Offered—Harriman Ripley & Co., Inc. and
Lehman Brothers on< Oct. 19 were awarded $2,250,000
2y4% equipment trust certificates, Series O, due $75,000
semi-annually June 1, 1950 to Dec. 1, 1964, inclusive.
The certificates, issued under the Philadelphia plan,
were immediately
reoffered, subject to ICC authoriza¬
tion, at prices to yield from 1.15% to 2.60%, according
to maturity.
The
2,490,930
1,023,178
'
before
revs,
income
;
r •
■
,,
has
Denver & Rio Grande Western
of
Fed.
than
inc. before Fed.
Federal
TO PRESENT FINANCNG
EFFECT
mortgage bonds—
Series due
last,
1,
$14,-
■
"CAPITALIZATION,
•
Burril'.,
4.119,737
Other income
Div.
First
L.
1,003,111
253,830
5,854
Gross
Authorized
C.
1.543,422
391,440
income
Balan'ce
were used to provide funds for the acquisition by the com¬
the bonds of Monongahela Light & Power Co.
(2)
Approximately $2,800,000 will
be deposited with the trustee
under the company's trust indenture dated Aug. 1, 1947, to be with¬
drawn by the company against permanent additions.
(3) The balance of such net proceeds, as well as funds to be with¬
drawn
by the company from
the trustee will become part of the
general funds of the company, to be available for general corporate
purposes, including payment of a portion of the cost of the company's
170,
Creole Petroleum Corp.—New Director Elected—
Dr,
96,982
costs
Total
980.
p.
Crlll.235
pany of
refunding purposes and to provide funds for con¬
struction and additional working capital.
Marine
oper.
Cr950,398 Crl,176,598
Cr42,918
&
83,785
Fed.
102.289
were:
coupons,
1949—12 Mos.—1948
158,612
Exploration
proceeds
for
The
sale, all for 23/4%
Net
intends to apply such proceeds as follows:
>
■«
will be applied in prepayment of outstanding bank
loans.
The proceeds of these loans were used to finance a portion
of the cost of .its construction program, except that $1,698,000 of such
Proceeds of the issue will be used
1, 1974.
1,085,237
income
$12,000,000
(1)
bonds, Series A, it was announced Oct. 14 by Sara Brown
Gilbert, President. The bonds bear interest at 3.45% and
are
:
amort.
other
Taxes,
Company
920,000.
has placed directly with the New York
Co. a $125,000 issue of first mortgage
Insurance
__—
deprec.,'etc.)
Depreciation,
depletion
Corp.
PURPOSE—The
Corry (Pa.) Water Supply Co.—Bonds Placed Privately
—The company
at the
received
bids
(& Subs.)—Earnings—
$1,765,768 $26,588,592 $17,676,036
685,499
11,757,647
6,414,504
$2,149,272
residuals—credit
Net
White,
by
Cities Service Co. above.
See
East.
in the
1292.
Marketing
—V. 170, p
170, p. 689.
state in the union.—V.
Weld & Co.; 102.209 by Halsey, Stuart & Co. Inc.; 102.061
by Harriman Ripley & Co.; 101.8081 by Glare, Forgan & Co.; 101.7831
by Drexel & Co. and Union Securities Corp. (Jointly); 101.779 by the
(Del.)—Withdraws From Direct
Co.
every
Operating revenues
Operation
v
Holdings in
Of the balance,
170, p. 981.
of the Fund.
1949—Month—'1948
Period End. Aug. 31—
.
underwriting
group composed of Kuhn, Loeb & Co., Union Securities
Corp. and A. C. Allyn & Co., Inc., on Oct. 20 offered a
new issue of $15,000,000 first mortgage 2%%
bonds due
Oct. 1, 1979. Priced at 100.52 and interest, the bonds will
yield 2.60% to maturity. The issue was awarded to the
group at a competitive sale Oct. 18 on a bid of 100.14.
$7,478,727
to
Treasurer
23,694 Solders of
stock and
Duquesne Light Co.—Bonds Offered-^An
Co.—New Treasurer
elected
Controller, has been
retired.—V. 164, p. 6.
Kuiper,
Spencer,
of
45.4%
industries.
oil
and
gas
El Paso Natural Gas Co. (Del.)
common
(exclud.
—V. 170, p. 689.
Continental Foundry & Machine
of
Value Up—
increased 13.5% since Jan. 1, cr from
The largest holdings were in insur-
1949.
held in cash and governments.—V.
was
268,857
$9,733,750 $12,135,936
at end of period—
11.6%
Maintenance
»
Earned surplus
holders
share
per
power and light, natural
four industries represented
ance,
these
348,666
268,857
268,857
stock
common
on
87,071
were
residents
are
$8,096,250
$10,351,273 $12,753,458
348,666
348,666
—
Dividends
There
value
asset
to $17.41 at Sept. 30,
$15.34
>:
preferred stock at the end of September.
These figures included
6,317 holders of more than one class of stock.
Du Pont stockholders
7,173,888
10,915,328
5
* "* '•
doubled.
$922,362
$1,838,131
$1,205,942
9,145,331
—
50,000
'
50,000
2L
goodwill
by
owned
was
Howard Stock Fund—Asset
; Eaton &
'
The
Total
protective committee for common stockholders
applied to the SEC for authorization to
Volume
and
170
Share.
Under
opportunity,
.The
Mac
Number 4849
the
since Bond
commitee
is
Kopelman,
The
Y.
holdings
portion
to
mainder
as
Bond
stock
of
to
'An
asked
Middle
own
Share
its
to
to
J.
United
the
Hyde
Walsh,
R.
this
of
on
Gas Stock."
Park,
N.
Preund,
SEC
approval of
Utilities, Inc., by
stockholders
sell
share
656,295
at
for
$12
N.
Y.
Aug.
issues
Y.,
will
City
subscription
is
not
Bond
record
balance
&
Nov.
given
the
of
shares
of
the
share,
eight
Middle
and
shares
the
in
Middle
of
1949.
the
South
Bond
on
The
as
record
application.
South
stock
stockholders
Share
30,
Middle
COMPANY—Company
shares
to
are
distribution
small extent in
sells
company
and
^.ior
the
six
again
adjourned,
this
time
until
Oct.
24.—V.
170,
foipOct.
and
sale
of
"•
the
for
sale
and
developed
1949
1948,
1909.
dealers
the
in
...v.
sale
1947,
completion.
1950,
expected
presently
The company
that
of
A
simple
the
and
balance,
first
at
cost
of
on
pressurizing
mechanism
designed
reduce
to
maintenance
plane
per
be
new
equipment.
The
completed by next
To Buy
The
total installation
74
on
actual
Convair
Farmingdale Plant—
directors
Assets
finance the program
In
view
the
of
for
fact
accepted
Property
to
the
of
be
of
1949.
land
corporation
approxi¬
facilities
and
Fairchild
offer
March
declared
were
sur¬
at
time
the
offer
is
included.—V.
also
On
Oct.
$1.25
to
holders
paid.
the directors
14,
share
per
of
No
the
on
record
Oct.
distribution
fractional shares.-—V.
additional $900,000 under the loan agreement and from
the company's resources,
including accruals to depreciation reserve and
declared
the
outstanding
21.
This
will
be
is
usual
the
at
made
rate
same
scrip
-.v.;
on
170, p. 1494.'
payable
;
or
*
PURPOSE—The
On
proceeds
be
to
received
;
the
by
'
'
|
■
A
.
the
,
from
company
the
Sept.
1,
the
GIVING
EFFECT
TO
; \
mortgage bonds:
3 Va %
series due
series due
1976
3Va%
series due
1978
5%
FINANCING
1947,
thereby
3.
The
1949
to
1957.—V.
2%
increasing
notes
170,
notes
payable
are
303.
p.
outstanding
in
of
2,000,000
4,000,000
4,000,000
2,000,000
preferred
1,100,000
:
($100
preferred
cumulative
stock
the corporation
authorized.
$10,096,000
.
stock-
t60,000 shs.
par)
A
\V
-
550,000 shs.
450,000 shs.
•Principal amount of bonds of all series at any one time outstanding
Is limited to $100,000,000. tThe authorized shares of cumulative
preferred
stock may be Issued in series from time to time as
provided in the
certificate
of
incorporation
preferred stock
cumulative
tin
accordance
Trust
& Savings
standing
at
with
authorized
be
issued
of
shares of 5%
is
are
available
until
suant
additional
an
the
to
expects
to
terms
borrow
of
net
of
amount
said
$400,000
agreement,
additional
an
the
$500,000
and
under
is
company
and
to
the
public
ending Dec.
in
15,
the
distribution
September,
1944,
1944,
of
and
at
had
15,
dividend
.rate
increased
was
share,
per
and
to
31
cents
Sept.
on
15,
1949,
paid,
was
share,
per
been
'
'
paid
in
the
company
new
dividend
at
limit
been
now
Dec.
30,
1949,
to
expansion. ^
to
proposes
'J
obtain
will
supermarkets thus
in
far
of
shares
are
of
as
names
common
of
stock
the
to
ber,
and
the
steel
At
this
the
chain.
earnings
more
Four
will
of
the
of
for
Friedland
V.
by
this
be
may
stores
now
being
are
commenced
be
underwriters
several
gross
in
165,
will
company
company
and
170,
the
United
the
by
States
company statement.
the company is using
this
but
month,
stock
will
the strike
if
'•
Hornblower & Weeks
1,577
6,761
W.
McDonald & Co
Harriman Ripley & Co., Inc.
1,577
1,577
6,571
R.
Kidder, Peabody & Co
6,571
L.
Merrill
ner
Lynch.
Pierce, Fen6,571
Webster Securities
Central
W.
Co, (Inc.)
-
& Co._
Co.—
is
by
of
end
end of Octo¬
November, unless
the
the
in
settled
meantime,
*
which it had stored against
fairly rapidly exhausted after
steel
be
the statement said.—•
continues,
V-'t ".vV-<
Stroud & Co., Inc.Merrill, Turben & Co
A.
3,942
Metropolitan St. Louis
Baker, Watts & Co
2,623
The
2,628
J.
Stearns
170,
Co.
&
&
Co.
Co.
525
Robinson-Humphrey Co,
J.
B.
657
Hilliard & Son—
_
394
262
1,577
Scott, Horner & Mason, Inc.
262
Yarnall
262
&
Co
•Net
take
The
near
can
American
General
Corp.
above.—V.
170,
p.
6 Mos. End.
rise
(&
1949
/
1948
$598,688
$139,925
$2,547,197
941,689
941,689
918,746
736,785
$0.93
$0.60
$0.11
$3.40
charges and Federal taxes.
said.—V.
$7,571,000,
the
six
months
compared
with
Recovers From
Which
E,
Cliristensen,
has
weeks
before
six
steel
and
cars
and
we
strikes
coal
obtain
can
are
settled,
sufficient
steel
it
to
ended
Aug.
$7,603,000 in
31,
1949,
were
approximately
the corresponding period last
it plans to continue to operate its steel mills as
possible to build up inventories so that this company
production at-the earliest possible date after the
strikes
are
pp.
1393
settled.
and
since
Secretary,
recovered
from
on
its
Forstmann,
Board
to
fill
Forstmann,
,
;
-
•
steel
Oct.
13
early
said
this
ball-point
company,
<pen
losses,
Type
watts,
after
and
$406,605.
to
1947
to
The
operate
the
The
St.
$25,000
a
reor¬
Louis
fire
and
business.
;
•
1949
taxes
»
1948
$78,586
L-84
be
can
for
rated
for
used
either
at
$330 738
579^698
,
500
all
general
,
.
,
.
of
range
watts
been
and
the
service
NEMA
types
an¬
*
general-purpose
lighting
Type
applica¬
flood¬
or
1
through 5
Corp.* (& Subs.)—Earnings—
1949
1948
1947
$89,163
Nil
Nil
provision of $350,300 for
shares outstanding.
tDue
after
of
on
loss
radio
Federal
•$539,105
$1.10
income
primarily
to
taxes.
vacation
carry-back tax credit.
Oct.
on
14
and
stated
television
profitable basis.—V,
a
corporation
will
go
Oct.
on
on
strike.—V.
that
there
has
components
170, p.
been
and
a
sharp
current
opera¬
690.
a
18
announced
four-day
week
that
starting
its
Oct.
entire
24
automobile
because
of
the
170, p. 1394.
Taxable
•,
./
/
post
has
also
170,
been
since
vacant
1939.—V.
p.
elected
the
death
stock
from
his
Kurtis
R.
stockholders
Froedtert,
at
their
to
and
"Within
a
and
Total
of
the
Board,
dividends'
very short
of
Wisconsin
taxes
of
approximately $365,000.
of
our
new
grain storage
elevator
of approximately 2,000,000 bushels will be
completed.
It will
place the company in an even better position to cope with Its rapidly
increasing business and may also, I trust, be reflected in the future
The
same
is
He reported the comnany's research
gressing rapidly.—V. 170, p. 1189.
true
of the
warehouse
laboratory department
we
is
11,576
4,058
$139,884
44,212
2,200
32,199
1,998
36,062
1,462
$150,349
$158,535
46,483
(other
than
taxes)
on
Fed.
1,986
2,081
.
2^4,842
loan_»,
•Net income
•Exclusive
46,803
1
"i
bank
28,610
$77,038
of
-
security profit
$81,041
$49,692
$57,612
losses.
or
NOTE—Realized net gain on investments for the
Sept. 30, 1949, amounted to $113,679.
nine
months ended
Norman R. Steinmetz, President, on Oct. 11 said:
The
total
$4,537,813.
net
$1,250,000,
of
preferred
at
$100
share
balance
stock.
After
share,
stock
common
was
has
on
$2.55
the
stock
common
sion
made
appreciation
net
gain
1949,
in
portion
any
during
at
of
on
will
its
year
Sept.
assets
30,
Federal
Sept.
30,
1949
$323.41
to
the
of
were
share
per
preferred stock
to $3.23 per
equal
were
1949.
income
investments
of
investments
such
be
relieved
taxable
which
The
for
value
asset
either
taxes
or
the
on
nine
net
of
paying
income
the
for
the
the
un¬
income
and
on
net
months
ended
Sept.
regulated investment
Federal
(including
As
income
such
taxes
capital
net
on
gains)
year.
is
distributed
to
stockholders
corporation purchased for retirement
Sept. 30, 1949, 238 shares of its $6
total
a
on
equal
deduction
remaining
on
was
as the corporation has elected to be a
under the provisions of the Internal Revenue Code.
corporation
that
further
a
for
net
realized
the
value
assets
30, 1949 was $2.45 per share and on Dec. 31,
share. In computing these asset values, no provi¬
realized
company
of
June
per
been
market
at
deducting the bank loan outstanding in the amount
the
per
of
assets
After
of
cost
of
$23,733.—V.
170,
during
taxable
the
dividend
690.
p.
as
dividends
nine
months
preferred
stock
"
General Public Utilities
electric
output of this
amounted
to
Corp.—Weekly Output—
corporation
for
the
week
ended
Oct.
99,546,525 kwh., a decrease of 4,024,636 kwh.,
3.9%, from the corresponding week of last year.—V. 170, p. 1494.
,
14,
or
told
meeting on Oct. 11 "the company's fiscal
31, 1949. is the best in its history.
Net earnings
after Federal taxes, which amounted to $2,-^
time the construction
4,354
-
"
u
■
Georgia & Florida RR.
Period—
are
pro¬
Operating Revenues—
Week Ended Oct. 7
$3,299,204
after State
1946
$122,787
$135,131
51,040
930
lapsed opts._
income
Interest
The
Chairman
1947
$127,147
-
of
father,
1393.
annual
year which closed July
amounted
President
1946
$158,535
Expenses
The
Chairman
of
—
Interest
Rev.
.
Chairman
as
1949
dividends
stock
on
$149,419
3,630
Income—cash
30,
■
1294.
President,
the
in
earnings of the 'company.
building."
Early Losses—
1934
General Motors Corp.—To Curtail
Operations—
1948
trucks."
mil! produces about 50%
shapes and sizes needed,
170,
E.
285,000
year.
H.
the
Forstmann Woolen Co.—Succeeds Father
*
for
Sales
"when
of its steel needs but, because of
the mill cannot meet all require¬
ments necessary to continue operations.
"It is anticipated that Ford will be able to continue making service
parts in sufficient volume to meet most requirements," Mr. Breech
1946
$913,088
from
.
486,858
sales
are
The
■' :
Froedtert Grain & Malting Co., Inc.—Record Earns.—
outstdg.—
———
shs.
in
1949,
1947
on
output
strikes.
steel
info
steel
The Ford
Subs.)—Earnings—
Aug. 31—
at
423,292
corporation
tions
shut down its
plans to
and
said
as
back
the various
the
Earns, per common share
•After
it
.
that
least
at
company
Curt
1081.
used
...
share
income
The
ended
Eversharp, Inc.
profit
added
capacity
get
Julius
•Net
that
announced
because of the coal
full production of
coal and
Equity Corp.—Exchange Offer Effective—
Common
19
15
1293.
p.
at
following
Ended Aug. 31
per
shutdowns
shutdown,
resume
•
See
Nov.
•
then
He
657
-
Oct.
on
on
Breech,
Ford's
will
,1,314
1,577
Co
&
Masten
1,577
1,577
657
3,942
R.
It was said, would cause the layoff of all but a few
115,000 hourly-paid, employees in the nation.
supply of steel on hand, plus that coming from the company's
steel mill at the Rouge
plant, will make production of cars and trucks
possible only until the middle of next month, Mr. Breech said.
788
3,942
Estabrook
lines
11.
■
The
1,314
Langley & Co
Court
t$76,591
TBased
Taxes
Ford's
1,314
Boettcher and Co
E.
'
of
1,577
Nicolaus & Co., Inc.
Witter & Co
&
Nov.
1,577
Rothschild & Co
5,000
—
Bear.
Pressprich & Co
3,942
Robert W. E-aird & Co., Inc.
Shields <fe Company
—V.
Riter
5,000
Co., Inc
Republic
Co.—_
Moseley & Co._
C.
F. S.
&
F.
&
Laurence M. Marks
6,571
Allvn
W.
Dean
:
Dillon & Co
White, Weld & Co.—
C.
Hutton
Stifel,
& Beane
Corp.
Eastman.
A.
E.
assets
ago
being
was
9 Mos. End. Sept. 30—
Executive Vice-President, also said that present
indications are that manufacturing operations, with the exception of
steel
production, final assembly and service parts will close down
No. of
6,571
Stone &
company
assembly
Shares
6,761
valued
approved a
petition to
trustee Oliver T. Remmers.
total
months
plant
available
are
tEarnings
the
Detroit, Mich.—To Curtail Operations
/•{'!•/
Nov. 15—
Ernest
Blyth & Co., Inc
estate
690.
p.
affected
be
curtailed
682.
p.
This
the
No., of
Federal
its
loss
income
severally purchased by them
Shares
real
are
built
before
running well ahead
net returns appear
are
revenues
a
Ford Motor Co.,
follows:
The First Boston Corp.—
G. H. Walker & Co.__
was
Hulen
''
1000
and
6 Months
of
this
and
listed
several
£> General Instrument
Present
soon.
units
additional
20
concluded.—V.
seriously
strike
to
present,
emergency,
end of the
the
on
be
time
111.,
in
M.
(4
Net
and
1949
thoroughly remodeled.
A new super¬
L. I., on Oct. 26, bringing to 112
opening
Prospects
Mr.
rated
tions
Ford Motor Co. of Canada, Ltd.—To Curtail—
v.v\'
UNDERWRITERS—The
respectively
that
closed
Highland,
L-85
*
number
petition
lighting service lamps. A complete
is provided.—V.
170, p. 1494.
indebtedness
$5,000,000
Freeport,
three
of
the
and
ago.
Production
on
rate
at
was
Rubey
discharged
The new lights, the
"
sales
year
and
General Public Service
Corp.—Earnings—
and
quarter
annual
an
from
authorized
the quarterly
1949,
or
quarterly
a
a
promising,"
quarterly rate of 28 cents
a
per share,
or an annual rate of $1.12 per share,
the common stock to March
15, 1949.
On June
$1.24
the
five
in
1950.
"Both
of
stock
common
with
of
construction
of
attorney,
Louis
Donohue
Two
.
Dec.
company's
which
have
opened
contemplate
according
the
commencing
regular dividends
the
close
31, 1949,
and on said date to convert the entire
$2,000,000 of promissory notes
issued under said agreement into notes
bearing interest at the rate of
2%% per annum and maturing Dec. 31, 1951,
DIVIDENDS—Since
units
number
plans
St.
new
heavy-duty, general-purpose flood lights have
nounced by the company's Lighting-and Rectifier Divisions.
pur¬
permitted
before
or
on
to increase the
$12,000,000
funds
the
31, 1949 and pur¬
suant
thereto the company had, at July
31, 1949, outstanding loans
thereunder
of $1,100,000,
evidenced by its promissory notes due on
various dates not later than Dec.
31, 1949 and bearing interest at the
rate of 2%%
per annum.
Subsequent to July 31, 1949 the company
borrowed
additional
units
and
Dec.
firm's
in
Mr.
;•
as
many older
market will be
shares.
40,000
to
up
"Company has opened
agreement, as amended, with Harris
others, loans not to exceed $2,000,000 out¬
time
one
to
number
loan
a
Bank and
any
The
amended.
as
the
property
creditors.
General Electric Co.—New Product—
on
from
permit, the company to take advantage of prevailing favorable oppor¬
tunities for expansion of supermarket
operations," George Friedland,
President,
said. . "Population
growth
Is continuing, ,< home
building
remains at a high level and new residential communities
developing
in suburban areas create a neea ior modern food
supermarkets,
39,018 shs.
the
receivership
170, p. 303.
,
instalments
'
meeting of shareholders will be held
increase, designed to finance further
the
"TJhe
*
140,000 shs.
($10 par)—
special
approve
directed
the
its
T°£n^
—V.
$1,903,268
to
half-yearly
V
The directors have proposed
"
2,000,000
in
Nine Months Ended
Sept. 30—
profit after all charges and
Food Fair Stores, Inc.—To Increase Authorized Debt—
\
it
close
Gauley Mountain Coal Co., N. Y.—Earnings Decline—
*
the company borrowed
an
additional $400,000 from
Hanover Bank & Trust Co. under an
agreement dated
Oct.
Outstanding
$10,600,000
_
$ Loans payable-
Common stock
°V
"'
1969—
27/«%
Cumulative
THIS
Authorized
;.
and
of
Net
_
s
in
and
,
»
CAPITALIZATION
12
of
to
1,
Central
Aug.
of the common stock now offered are estimated to be $1,543,000
(after deducting underwriting discounts and estimated expenses), which
will be expended in additions, etc.
V
sale
listed
Judge
firm
15
an
Florsheim Shoe Co.—Borrows from Bank—
Oct.
dispose
benefit
voted
receivable
was
the
plant
.'*•
•
to
the
assets
Federal
company
upon
.
meeting
Fox
at
ganize
previously
as
certificates
the
.The firm
170,;
Nov.
stated
company
W.
valued at $7,200 and
machinery and stock
approximately $6,000.
Listed
among
the
liabilities
are
amounting to $138,100; mortgages totaling $35,000 and
accounts
payable totaling $16,568.
valued
dividend
semi-annual
The
by *Walter
under $75,000 bond.
when
stock,
capital
a
for
$202,158.
headed
notes
Fire Association of Philadelphia—Usual Dividend—
of
at
$35,697, accounts
V V,-
•
totaling
debts.
directors
Donohue
111.,
Among
,('<
■
J.
its
pay
of
business
placed
liabilities
to
board
Carroll
6, -1949.
made
was
and
unable
Highland,
included
the
to
liquidate the assets of this company was filed on
Circuit Court at St. Louis, Mo.
The petition listed assets
in
$53,350
was
with
1294.
p.
15
The
plant
no
petition
the
the
<
Gast-St. Louis Brewing Co., St. Louis, Mo.—Seeks to
Liquidate Assets— -
of
in the sale consists of approximately 7'A
buildings containing 318,716 sq. ft. of floor space.
Machinery, equipment, furniture and fixtures in use by Ranger En¬
gines, Al-Fin, Stratos, and Pilotless Planes Divisions of the Fairchild
approximately $4,070,000 as of July 31, 1949, can be provided out of
the proceeds from the sale of the common stock now
offered, the
'
$5.54
.
Fairchild
acres
to
V"
89,631
1949
par value (authorized and issued, 90,000 shares),
$1,000,000;
earned surplus,
$1,987,410; less treasury stock (1,564 shares), Dr$42,250;
total, $4,840,029.—V. 160, p. 1630.
A
the
istration
the company, as of July 31,
1949, has issued and sold $4,000,000 first mortgage bonds and bor¬
rowed $1,100,000 under the loan
agreement and invested out of its own
resources
approximately $1,830,000.
It is estimated that the balance
required to finance the three-year construction program, amounting
•
stock of
$1,125,000.
that
JUNE 30,
$4,840,029.
Oct.
began negotiations with the War Assets Administration
purchase in May, 1947. After thoroughly considering the
prices
to be paid for each item of
personal property, the War Assets Admin¬
in part,
retained earnings.
total,
have
Administration
SHEET,
weight
flagships
summer.-
authorized the purchase of land
and buildings
currently occupied by four of the company's divisions at Farmingdale,
L. I., N.
Y., according to an announcement made on Oct. 13 by Richard
S. Boutelle, President.
The facilities will be purchased from the War
mately $3,100,000 will be expended during the last five months in 1949
approximately $2,000,000 in 1950.
.J '
*'
v'
;
>
to
T
LIABILITIES—rAccounts payable,
$514,607;
accrued
expenses
and
taxes, $415,262; note payable to insurance company, $965,000; common
a
with the
Com¬
a
months
seven
amounting to $5,100,000,
keep the Convair flagships comfortably cool while
flight, even in summer,
when in
costs, the S60-5 unit will be attached to Convair engines
direct coupling in much the same
way as starters and generators.
American Airlines will save about 100
pounds
$11,000,000
cost
$496,601
$5.32
183.777
ASSETS—Cash, $698,736; accounts receivable, $59,548;
inventories,
$2,257,676; securities, $382,386; prepaid expenses, $16,147; other assets
(noncurrent), $95,417; furniture, fixtures, equipment, etc. (after re¬
serve for depreciation of
$907,005», $1,326,903; deferred charges, $3,215;
and operating
by
growing de¬
has constructed facilities
1948
the
to
will
the ground and
and
•First
$470,373
83,436
;
per common share
BALANCE
unit
Stratos units
to cover the three-year
estimated
profit
Dividends paid on common stock
plus,
that
Net
totaling well over half a million dollars for Stratos S60-5
superchaigers for installation on the entire fleet of American
Convair Flagships was announced Oct. 19
by F. E. Newbold,
General Manager of the Stratos Corp., a wholly, owned subsidiary
provides the air for ventilation and pressurization of
By automatically compensating for changes in density
due to changes in aircraft
altitude, the new units will provide Amer¬
ican
Airlines'
passengers
with constant low-altitude
pressure.
The
■>".
recognizing
$798,569
301,968
tax
Earnings
electric
of
$614,792
286,800
Income
aircraft cabins.
It is also engaged
Incidental to its business,
construction program
a
and
approximately $5,900,000 in
*
$555,186
201,993
(net)
income
The S60-5
York
Offered
Stock
-
$757,179
income
of Fairchild.
in the generation, purchase,
.•
PROGRAM—In
period
borrowing of
Other
Federal
Jr.,
;
electricity.
with
cooperates
•
the company
order
sales-
Operating profit
10,
Orders
required additional generating capacity as weil as further addi¬
tions and improvements to the transmission and distribution
facilities,
In
of
cabin
mands
f
Cost
1948
$12,515,960 $12,053,664
8,325,654
8,168,647
3,635,121
3,270,225
Expenses
1393.
p.
s
1949
Sales
ended
months
Airlines
to
stock
the
for
'
needed
rendering water service.
>•
CONSTRUCTION
is
statement
Cabin
for
It
financial
Years Ended June 30—
Equip Entire Fleet of Convair Flagships with Stratos
Superchargers—
to
be
dividend
a
date
organized in Kansas Oct. 16,
was
is an operating public utility engaged
transmission,
upon
its
0
Gallaher Drug Co.—Annual
Report—
we
Total
will
appliances.
issue
(1597)
Deleware Vice-Chancellor
Fairchild Engine & Airplane Corp.—American Airlines
Agents, Central Hanover Bank & Trust Co., New York, and
company's office, Joplin, Mo.
Registrars, Guaranty Trust Co. of New
York and First National Bank of Joplin (Mo.).
the
the
as
directing the carrying out of a ruling of the court,
meeting of stockholders."—V. 170, p. 1493.
a
soon
Transfer
a
soon
order
an
were
basis
Electric
of
*; Empire" District Electric Co.—Common
to
"as
Tj)e special and annual stockholders' meetings, scheduled
South
to be
bought by Bond & Share on the New
(See also V. 170, p. 1393.)—V. 170, p. 1493.
are
Exchange.
pany
added that,
F. A. R. Liquidating Corp.—Again Adjourns Meeting
a
—The First Boston Corp. and G. H. Walker & Co., jointly
headed an underwriting group which offered publicly
Oct. 17 100,000 additional shares of common stock, ($10
par) of the company. The stock, priced at $17,125 per
share, was oversubscribed.
,
31. He
call
would
plan to dispose
selling the larger
distributing the re¬
and
per
each
shares
150.010
Electric
of
distribution
retain
Jacob
deprived
be
,
additional
Stock
the
stockholders
South
stockholders
The
will
Perry
and
common >
held.
distributed
of
South
proposes
own
Middle
Share
Share
City,
will
you
CHRONICLE
dividend.
a
&
one
&
in
its
plan
COMMERCIAL & FINANCIAL
Dispose of Middle South Stock—
has
company
its
and
composed
N.
Files Plan to
of
proposed
THE
1949
Operating
—V.
revenues
$52,635
'
Jan. 1 to Oct. 7—
1948
1949
1948
$48,600
$2,202,363
$2,164,777
170, p. 1494.
Glen-Gery Shale Brick Corp.—Stock Offered—P. W.
Brooks & Co., Inc., New York, on Oct. 13 offered 11,724
shares of common stock at $3.37Vz per share. Proceeds
go to
selling stockholders.—V. 170,
p.
1495.
Monday, October 24, 1949
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(1598)
10
incorporated in Indiana
public utility operating in and about the
Ind., and engaged principally in the generation,
distribution and sale of electric energy. It also Is engaged in the pro¬
duction, distribution and sale of steam for heating and general indus¬
trial purposes.
Company sells electric appliances and cooperates with
dealers in the sale and financing of major
load-building appliances
HISTORY
Ended Sept.
9 Months
operations
from
Profit
Depreciation
excess
Net
income
and
income
and domestic
profit taxes
Foreign
,
9,061,243
—V.
•
'<-J*
'/
,
14
Nov.
vote
approving
on
proposal
a
a
received
been
the
by
company
of
the
to
both
Graham-Paige Motors Corp.
Ended June 30—
Three Months
sales
•
<
miles from Indianapolis.
domestic, 22,074 as small
commercial and industrial,
309 as * large commercial and industrial,
15 as municipal street lighting, and two as electric companies.
At the
end of the heating season (May 31, 1949), steam service was rendered
to 1,196 customers in the City of Indianapolis in an area
approxi¬
mately 4.2 square miles. The total population of the area served by the
company and its utility subsidiary Is estimated to be approximately •
535,000
"
: / '■
•
,
■;
UNDERWRITERS—The name of each principal underwriter and the
respective principal amount of the 1979 bonds severally to be purchased
taxes..
after charges and
loss
(& Subs.)— Earnings1949
1948
$86,633 $1,678,155
„
*60,725
202,704
of credit adjustments
(•Before the benefit
portfolio has a market value of
that after the cash disburse-'
stock will have capital assets of
approximately $1 for each new share of stock issued.
The mining
properties in Red Lake will of course continue as an asset of the
company."—V. 158, p. 1732.
*
/'
•)
1
'
■ r ,
•/
"
'
^ ;
\ V
^' V'• '
1
NOTE—Operating results for the
reflect the
manufactur¬
filing under
second quarter of 1949
Quarter Ended August 31—
—V.
agreement with
agreement dated
purchased from"
Oklahoma, and,
agrees to purchase from Deardorf before Oct. 15 for $25,000 a onehalf interest in certain properties in Kansas. Deardorf has granted
to Graham-Paige an option to purchase before Feb.
1, 1950, 200,000
30, the corporation entered into a new
the Deardorf Oil Corp., and terminated the previous
June 28. Under the new contract Graham-Paige has
Deardorf a one-half interest in two
properties in
at 50c
shares
shares
Gulf Oil
Corp.
•
•
•
.
Opens New prospecting and
—
physical Research Laboratory—
zation.-
rooms.
'
t.'
,
Maintenance
—
adjustments—
taxes—
254,000
205,104
income
Federal
taxes
Other
206,563
(
260,956
168,376.
2,257,187
.2,057,117
.
Other
(net)
income
Balance
amortization
&
Interest
deductions
Other
..Net
Income
Applicable to
Earned
1
—V.
170,
p.
$5,307,860' $4,330,665
$480,249
753,000
stock
share
offered,
V
.
"
;
bank loans
aggregating
of
shares
letter of notification was
common
President.
stock,
market
at
Co.—V.
&
a
168,
p.
be
to
sold
$4.25).
(about
the SEC for 2,000
Raymond W. Durst, Vice-
filed with
Doyle,
•
requirements prior to September, ,1947.
■
cents
50
O'Connor
;
Riley, Vice-President in charge of manufacturing, research
quality control, has been elevated to the office of Executive
Vice-President, to succeed Arthur L. Schiel, who recently retired.
and
,
Prank
will
R.
distribution,
continue
Armour,
has
to
serve
as
a
director.
formerly General Manager of
named a Vice-President.—V. 170,
Jr.,
been
sales and
1082.
p.
(Walter E.) Heller & Co.—Earnings—
,9 Mos. End.
Sept. 30—
1949
$590,080
profit
.
328,441
After
$1.44
$1.37
Earnings per com. share
•**
1948
$613,085
328.441-
Indianapolis Power
charges and Federal taxes.—V.
170,
1947
$468,380
>
p.
$0.99
•
"
1949,
elec¬
Light Co.
&
—
■
on
a
prices
to
100%.
1946
$467,689
328,437
$1.06
received
the sale for the bonds
at
as
27/8s were: Blyth &
Co., Inc., 101.43; W. C. Langley & Co., White, Weld & Co. and
& Co. (jointly), 101.43; Halsey, Stuart & Co. Inc., 101.18999. '
Shields
will deposit the net proceeds from the sale of
(estimated at $40,374,320 after deducting ex¬
PURPOSE—Company
the
$40,000,000 of bonds
trustee, under the mortgage for the redemption on or about
25, 1949 of the company's outstanding (a) $32,000,000 first mort¬
the
.Nov.
bonds,
gage
3%%
for principal
3%%'
and
786,
Hershey Chocolate Corp.—Plans Reclassification—
stockholders of this corporation will-be asked soon to vote
proposed plan of recapitalization, it was announced on Oct. 15
by Wertheim & Co., financial advisers on the plan.
According to the announcement each of the 253,843 outstanding
shares of Hershey convertible preference stock would be reclassified
into
two
shares
of
new
nonconvertible
preferred stock,, plus one
share of common stock. The new preferred shares would be desig¬
nated series A and series B and would be entitled to annual cumu¬
,<)The
a
lative
preferred
dividends
of $2.12»/2
and
$2.25
a
share,
respectively.
annual cumulative
sinking fund, and would be redeemable at $52.50 for the A shares,
scaling down to $51, abd at $51 for the B shares, initially scaling
4pWh to $50.—V. 170, p. 1082.
t]lV.
,
.
1496.
;
•!
at 103.55—a total of $33,136,000
$8,000,000 of first mortgage bonds,
103.00—a total of $8,240,000 for principal
series,-due
1970,
1973,
due
at
CAPITALIZATION
GIVING
EFFECT TO
*
$2,000,000
8,000,000
mtge. bonds,
t2%
FINANCING
Outstanding
bonds, 3% series, due 1970
3% series, due 1974
First mtge. bonds, 27/e
ser., due 1979
First
PRESENT
Authorized
First mtge.
notes
4%
5%
cumulative preferred stock
150,000 shs.
pfd.
stock
(no
par)„___
$96,432
'
'
'
' "
1,500,000 shs.
100,000 shs.
" 39,000 shs.
1,179,479 shs.
series, unlimited as to maximum
the restrictions of the mortgaged
■*$200,000 maturing each April ,i! and Oct. 1 thorough 1952 and $1,000,-.
000 maturing April 1/ 1953.
;
'
"
•rl" -:l\'
■ ■i i
//"•
«
♦Additional
may
$99,958
40,760
47,883
•
'
stocks
30, 1949
.
.1
'
•
cost, $3,349,913; unrealized appre¬
$911,035; cash in bank and on harld,
at
deducted),
tax
(income
total, $4,315,234.
none;
capital stock
($1 par), $380,600;
undistributed operating income, $768,845; net
gain from sales of securities, $1,983,675; unrealized appreciation of
securities in portfolio, $911,035; less treasury stock, Dr$15,955; total,
furniture and fixtures, $462;
paid-in surplus, $287,034;
$4,315,234.—V. 170, p. 787.
(& Subs.)—Earnings•.;
sales
♦Gross
—
(net)—__
income
Other
."1'.
:'</
••••
•
<g
-1948
.': ><'• 7V $
'■
97,159,127 115.327,877 208.301,831
.538,492
893,907 , 1,157,436
/
221,389,738
1,812,946
209,459,267 223,202,684-I
:.
97,697,619 116,221,784
income
Total
1949—6 Mos.-
1949—3 Mos.—1948
Period End. June 30—
.
.....
.
;
Costs and expenses:
labor,
Pulp wood,
repairs-
53,661,003
7,622,578
1,491,352
9,537,663
1,381,717
16,477,822
than inc)
3,053,573
2,691,779
9,387,933
10,295,301
19,851,698
19,323,193
2,913,203
6.020,341
6,873,470
449,379
5,565,172
5,932,139
490,747
8,240,382
13,418,681
16,315,345
etc.
delivery
expenses
exps.
3,096,079
———
3,462,4.96
236,611
.
for¬
oth.
&
taxes_
2,236,624
2,029,410
4,474,076
3,795,320
profit fr. oper.
on disposition
of
10,834,498
14,399,509
24,649,329
27,712,917
investment
Net
250,960
*
5,668,440
taxes
income
eign
Profit
3,015,622
.
Federal & State
S.
Canadian
17,972,635
and
Selling,
general
administrative
Depreciation
Depletion
'
and
freight
Outward
U.
114,190,898 123,403,432
64,153,017
and
Maint.
Taxes
;
ma-
(oth.
terials,
/
843,520
843.520
(net)
10,834,493
profit
28,556,437
24,649,323
15,243,029
Approp. toward reserves:
For
of
replacement
cap.
assets
rent
at
For
invent,
justment
-
cur-
price
-
-
1,500.000
1,500,000
-
/
.
costs
to earned
Bal.
.
; •
-
3,000,000
V
'
-
•»-
3,000,000
ad¬
>
—
2.000,000 " :
__u
J / 2,000,000
9,334,498
11,743.029
21,649,329
23,556,437
$2.97
$2.56
surp.
bonds
be
of
issued
any
other
subject
to
reserves
After
reserves
♦Less
$4.21
$3.24
$6.79
$5.95
$7.89
$6.49
returns, allowances
230,000
and discounts.
tBased on capitalization of
preferred stock and 3,560,000 shares of common
throughout the periods covered/
shares of $4
stock outstanding
Southern Kraft Division Had Record
Year in 1948—
timber
railroads,
of wood delivered
to Southern mills for conversion into paper, 1948 was the biggest year
in the history of the company's Southern
Kraft Division, according
to information released last week in a "Report to the People of the
South." ' This report has been published each year for the past three
years.
It is a brief, concise summary of' the. company's forestry and
With a
\
.1
—~
40,000,000
2,200,000
*
$3,000,000
_
stock (par $100 per sh.)
cumulative preferred stock_
amount,
24,067
$37,423
40.773
$0.20
28,807,
tEarns. per com. share:
premium.
Common
24,604
$85,162
38,490
$0.22
*
$128,765
and premium and (b)
series,
Cumul.
,
1946
1947
$120,499
/ 1948
$112,025
LIABILITIES—Liabilities,
Before
They wpuld be entitled also to the benefit of a 2%
Stock Offered—
—
before.
year
a
Net
•
on
;
$0.20
/
$0.20'
30, 1949, the liquidating value per share of the capital
at the bid side of the market, was $12.16 as compared
Sept.
income
for the new bonds range from 1043i%
special redemption prices beginning in 1954 are scaled
while
bids
-
share—'
valued
ciation
bid of 101.5298.
redemption
101%%
Other
paid—
$9.75
$53,824;
Brothers, Goldman, Sachs & Co. and The First
-
•
220
—
22,934
1
ASSETS—Insurance
Bonds Offered—
'
j
Co
Inc.—Earnings—
- 1949
$108,096
BALANCE SHEET SEPT.
to the
100%
from
of
As
with
Corp. jointly headed a purchase group that of¬
public Oct. 21 $40,000,000 1st mtge. bonds,
2%% series, due Oct. 1, 1979 at 102.125% and accrued
interest.
Award of the bonds was won at competitive
with
•/ 328,441
Co.
.
estimated at $237,600 but excluding accrued interest), together
with an estimated amount of $1,001,680 of other funds of the company,
'
♦Net
ds
.
..
operating revenues for the 12 months ended Aug. 31,
amounted to $39,570,173, qf which approximately 81%
was from
tric sales, and net income $6,734,937.—V. 170, p. 1395.
to
income
Net earns, per
stock,
'
30—
International Paper Co.
penses
Common shs. outstand'g
Westheimer
& Mfg.
—
Dividends
;
N.
Schiel
Tucker, Anthony & Co.—
Union Securities Corp
2,530
Denver—Files With SEC—j
a letter of notification with the SECt
to be offered at par.
given away with the
shares of common with each two shares
earned—,
Net oper.
on
Total
sale Oct. 19
1799.
(H. J.) Heinz Co., Pittsburgh, Pa.—Officials Promoted
Mr.
9 Mos. End. Sept.
share during
per
funded debt.
paid
>
.,
the common stock at the quarterly rate
the two-year period ending Aug. 1, 1949,
and a dividend of 55 cents per share, payable Nov, 1, 1949, puts the
stock on a $2.20 annual basis.
At the conclusion of the current sale,
the company will have outstanding 2,156,406 common shares, in addi¬
tion to $10,000,000 par value of 4.70%
preferred and $85,233,000 of
Dividends have been
General
H.
935*
Insuranshares Certificates,
v
$5,000,000 on Oct.
company's large construction program is designed .to
fered
by
Underwriter,
110s
'i 220
Townsend, Dabney & Tyson
Oct. 12 filed
on
used to retire
effect sub¬
stantial operating economies by increasing the capacity cf its gener¬
ating plants from the present level of 160,000 kilowatts to 517,000
kilowatts during 1953 or 1954, involving gross expenditures of approxi¬
mately $68,000,000.
Under the program, it is expected that the com¬
pany will be able to produce after 1950 practically all of its power
requirements compared to the purchase of approximately 90% of those
.
company
Expenses
unsubscribed por¬
additional common, will be
of
construction,
The
Lehman
1495,
12
440
shares ($50 par) 4% preferred stock,
12,500 shares
(no par) common, to be
and
Boston
Oct.
-
275
Hammill & Co
Deane & Scribner—
Lowber Stokes Co
;
2,500
Dividends
17,
to finanpe construction expenditures and the balance for
made
1949,
new
3,643,915
$1.67
Hallicrafters Co., Chicago—Filing—
On
i
preferred at the rate of 10
of preferred sold.—V. 170, p. 787.
686,750
4,554,860
$1 35
requirements
common
common
per
$531,684
40,066
sale
outstanding short-term
$5,121,608
756,495
34,448
812,080
the
from
Proceeds
$5,119,867
1,741
$6,160,007
$549,142
66.516
2,376
$623,791
89,769
2,337
—_
dividend
Preferred
*
_____
the company was
the company's stockholders at a subscrip¬
tion of the shares being
2,276,078
1,784,975
$6,132,417
27,590
$547,469
1,643
$619,999
3,792
revenues—.
oper,
■■<'> ;
1495.
p.
price of $31.50 per share on a one-for-eight basis;
subscription warrants expire at 3 p.m. on
Nov. 3. The First Boston Corp. and Merrill Lynch, Pierce,
Fenner & Beane will act as representatives of a group of
of
Net
'
:
Shares Inc.,
Insurance
Stockholders Offered
—
underwriters which will purchase any
201,316.
16,776
17,005
i
1,210
—
Co.—Stockholder Asks Vote on Pensions
Sheet & Tube Co. below.—V. 170, p. 1395.
*'
Youngstown
See
The
Transferable
; / /
plant
of
Co
selling stockholders.—V.- 170, p.
Inland Steel
'
for
tion
$2,120,269 $24,058,429 $21,794,907
769,391. 9,210,163
8,270,149:
166,832,
173,936
2,028,983
1,979,890
184,166
193,334
2,165,997
2,162,630'
Depreciation
Amortization
:
170,
4s.—V.
mortgage
made Oct. 21 to
$2,281,566
834,457
Operating revenues.
Operation
Edw.
2,200
Stamping
ceeds go to
Oct. 28 the time for-:
to
additional shares of common stock of
1949—12 Mos.—1948
3949—Month—1948
extended
Additional
Comrhon Shares—The First Boston Corp.-Merrill L^nch
Group to Take Unsubscribed Stock—Offering of 339,601'
Geo¬
Utilities Co.—Earnings—
has
company
Illinois Power Co.
.
Gulf States
•acquis,
first
Division
.
f
Period End. Aug. 31—
time
same
I
•:
,
under the offer.
Outstanding bonds involved in the exchange are the Illinois Centrol 4%, and 5% refunding mortgage bonds and Louisville Division &
Terminal
first mortgage 3Vis;
also the Chicago, St. Louis & New
Orleans
RR.
consolidated
mortgage 4s and > 5s and
the Memphis ■
is 337 feet long and contains approximately
feet of working space.h-V;>170, p. 1495.
■' 1 ''J. ■
■ V 4
!-i .'•'/<
:►v
j. •«£•''«* '
85,000 square
the
At
v':
'
Baker, Simonds & Co., Detroit, recently offered 66,000
shares of common stock (par $1) at $1.50 per share. Pro-;
.
Leovy Laboratory
The
—V.
2,200
—
—
Singer,
Co.—--——7 165
&
Stone & Cos
170, p. 1395.
Hayden,
110
&
Jackson
440
&
Shearson,
1,375
& Co
Hallgarten
,
.*-■■■.•
Riter
Nolan Inc..
—_
440
Glore, Forgan & Co._______ 2,530
Grubbs, Scott & Co., Inc.—
110
Harrison
275
Inc.
House & Co
—
110
J. M. Dain & Co—" 275
Drexel & Co.__.____
2,530
Curtiss,
*66,062
Nil
110
550
&'Co.__
Raffensperger, Hughes & Co.
550
Co._______________
&
Cohu
110
& Co.—
Lomasney
Paine, Webber,
Curtis
^
Inc.______.r:"' 165,
>.Sears,
110
220
Co
Livingstone & Co.
Mead, Miller & Co—
Pacific Co. of California—
110
(Inc.) 1,210
Republic Co.
Kormendi
McDonald
.
Inc—_
Cassell & Co.,
F.
110
deposit
:
The world's most modern and complete building to be used entirely
for the scientific direction of oil prospecting operations and research
was dedicated
at Harmarville, near Pittsburgh, Pa., on Oct. 19.
"
-Known as the Leovy Laboratory of Geophysics, it is the largest of
more than 40 buildings erected on a 57-acre
research center tract by
the Gulf Research & Development Co., a subsidiary.
; / ■ (
'Its two stories and basement provide
approximately two acres of
working space and contain 126 laboratories, offices, map, drafting and
service
A.
Industrial
>
«
D.
Sherretd___
Chace, Whiteside, Warren &
Illinois Central RR.—Plan Operative—'
of close of 50 %
of the $52,201,000 of outstanding bonds
of the road have accepted the offer of exchange for new consolidated,
mortgage
3%%
bonds.
The road has announced that the offer,
dated Sept. 15, has been declared operative, subject to ICC authori-/;
'
.
.
Holders
Great Northern
«
275
220
Co
and
&
Central
j
will be used for various purposes..
Ry.—Plans Large Expenditures— : .
The directors on Oct. 19 authorized the expenditure of $16,862,000.
fOf new equipment and $10,543,000 for a track program .in 1950.
In the equipment expenditure, $10,227,000 was authorized for pur-r
chase of 50 Diesel-electric
locomotives for delivery in 1951,
These
will he used in passenger, freight and switching service.
The purchase of 500 new steel refrigerator cars for the Western
Fruit Express Co., a refrigerator car subsidiary,- w.ill cost $4,585,000/
Delivery is expected early in 1950.
Fifty of these cars will be built
especially for handling frozen foods.—V. 170, p. 1395.
'"V'^
'
C.
356,833;
$1.02
* After, provision for inventory adjustment as of June 30, 1949 to
bring inventory prices to the lower of cost or market,—V. 170, p. 6.
per common
R.
Butcher
1948 ' I•
$11,328,284 $12,301,759
1—
share___
profit;
165
S.
220
Cohn & Shumaker,
Co.,
&
-
Burnham
/'-v/ 1949
Sales
Earned
John
Sullivan
Inc.
•
H.
Kay, Richards & Co
Folger,
Huyler's (& Subs.)—EarningsYears Ended Junfe 30—
T'/ •'/
Net
550
Branch, Cabell & Co._____^.
">
'
Grayson-Robinson Stores, Inc.—Loan Placed Privately
in September sold privately to Pruden¬
tial Insurance Co. of America an issue of $5,500,000 4%
notes, dated Sept. 1, 1949 due Sept. 1, 1961. Of the pro¬
ceeds $3,665,000 was used to repay a 4% note due May
Kiser,
Simmons:
&
Bosworth,
•
Hussmann Refrigerator Co. (& Subs.)—Earnings—
Sept. 30—
' 1949—3 Mos.—1948
1949—9 Mos.—1948
.
s.
$4,652,113
$4,352,409 $12,453,777 $12,104,033
Net profit
520,878
453,891
1,341,248 ', 1,265,204 .
Earnings per com. share
$1.30
$1.14
( > • $3.32
$3.17
After charges and Federal income taxes.
After preferred dividend
requirements.—V, 170, p. 787.
/ •.'/;> >/;/;. ',//
•'
;
550
;,
Applegate & Co.___
Ellis
Blunt
Period End.
—The company
275
T.
Brothers
Co.__
Jones &
165
110
Geo. G.
$9,454,650'
691,
p.
Sachs & Co.,
First Boston Corp
Almstedt
„
It was also disclosed that Graham25,000 common shares of Kaiser-Frazer
that Graham-Paige may repurchase the
$100,000,—V. 170, p. 494.
1,4960 and the balance
—V. 170, p. 1495.
170,
4,441
Sales
share.
a
to Deardorf
the provision
before Oct. 15 for
sold
with
Paige
Corp.
—
Bond &
Indianapolis
4,441
The
;—$2,200
Share
Hornblower & Weeks
$4,443
Goldman,
;;
;
(000's omitted)
(000's omitted)
Lehman Brothers
1943
1949
$12,793,481
.
Sales
Aug.
common
so
Inc.—Quarterly Sales Up 35.3%—
Hunt Foods,
>
.
,
by each are as follows:
the company's
1949,
14,
.
Entered Into—
Purchase Contract
On
Oct,
"On
approximately 52 cents per share,
above provided for, the new
139,419 are classified as
customers,
.
President,
ment
of $70,971.
management's program of complete divorcement from all
ing operations incident to the corporation's prospective
the Investment Company Act of^ 1940.;;
;
presently is $5,000,000
of the company
shares, par $1 each.
stated;
The capital
dollars.
Birks,
T.
these
about 55
point being
most distant
the
ana,
Of
to Consolidated Howey Gold Mines, Ltd.
The payment
shares in cash Is to be regarded as a return of capital
and American stockholders and will be payable in'
into 5,000,000
divided
Indi¬
all within the State of
adjacent villages, towns and rural areas,
to
Canadian
Canadian
,
-
500,000
derived from the electric departments, about
about 0.08% from the water depart¬
was
0.23% from building rentals.
' ■'«
'At June 30, 1949, the company and its utility subsidiary rendered
electric service to 161,819 customers in the City of Indianapolis and
ment, and about
the company's capital structure,
by canceling 2,500,000
shares of its capital stock; redeeming 500,000 shares (or one of every
10 shares now held)
at the par value of $1 each; and issuing two
new
shares for every five now held; and on changing the name of
R.
*
will
stockholders
The
Koroseal upholstery material—68,640
the International B. F. Goodrich Co.;
foreign manufacturer of seats for motor vehicles.
W. C.
President, said this was the largest order of its kind ever
by the company.—V. 170, p. 1295.
received
,
'
,
Electric
and
Co.
from the steam department,
9/26%
Canada—To Re¬
Toronto,
Ltd.,
•
has
company
approximately 90.43%
capitalize—
of
miles
39
for
order
Gulick,
Net
r
,
Mines,
Gold
Howey
Order—
Co.—Large Koroseal
(B. F.) Goodrich
Net
1495.
reorganize
yards—has
from
170,
on
p.
Company is a
two whoily-owned subsidiaries, Mooresville Public
Building Co., Inc.
Of the consolidated operating revenue cf the company and its sub¬
sidiaries for the 12 months ended June 30, 1949 totaling $24,606,970,
company
loans
BUSINESS—Company- was
AND
1926.
customers.
its
.The
This
.786.
An
to
Electrochemical Co.—Reduces Bank Loans—
on Oct. 15 paid the $600,000 instalment due on its
Dec. 1, 1951, thus reducing the balance to $1,800,000.'
compares with bank loans totaling $3,000,000 at Nov. 30, 1948.
The
bank
1 NOTES—Net
p.
27,
City of Indianapolis,
Hooker
$4.13
$4.95
$3.28
income for the nine months ended Sept. 30, 1949 and
1948 includes the earnings of The Ton! Co.
Highest earnings for any quarter in the 48-year history of the
company were reported for the months of July, August ana September
at the Oct. 19 meeting of its board of
directors.
Consolidated net income for the third quarter was $4,616,000, eQ«ai
to $2.13 per share of common stock, after charges and taxes.—'V> 170,
earned per common share.
Amount
Oct.
Service
$27.07
$38.94
$33.11
earned per preference share
Amount
.
$7,617,903:
$9,319,029 $10,960,048
_______
-
-
«
Charlton has been elected President, succeeding E. A.
Menhall.
Mr. Charlton recently retired after 12 years as a VicePresident and a director of Reynolds Metals Co.
Highway Trailer Co. is controlled by Liberty Products Corp. and
Atlas Corp.
In addition to' the manufacture of commercial
trailers,
the company is an important supplier of equipment to power com¬
panies arid to the telephone and oil drilling industries.—V. 166, p. £19.
L.
Henry
6,391,238
8,403,551
Co.—New President—
Highway Trailer
Co. i& Subs.)—Earnings—
t
30—
1949
1948
1947
—— S19.325.511 $20,006,637 $14,468,666
—-—______
945,239
643,038
459,524
Gillette Safety Razor
dealers
barge
of
total of $41,300,000 paid to
the South;
farmers, wood dealers and
with over $12,800,000 paid to Southern
and trucking firms;
and with 3,323,551 cords
Volume
related
170
Number 4849
activities
during
report will go to
employees
of
—449,000
of
wood
by
than
Southern
95%
mills
—less than
previous
the
total
Ry.
Southern
mills
was
pulpwood converted in
the
Other
company's
owned
rents
to
fire
operations,
burned,
less
21,000-acre
suppression
land
section
reduction
a
the
of
its
and
program
Interlake Iron
than
1 %
of
3 Mos. End.
and
deals
report
results.—V.
the
with
169,
of
company's
2643,
p.
Ry.
in
in
Jt.
subsidiaries)
facil.
1947
412,415
548,142
502,016
50,000
47,250
$2,156,259
$1,990,043
D.
$1,126,083
859,775
837,57 5
739,000
490,000
$1,205,474
$1,268,684
$1,251,043
$636,083
$0.62
„
$0.65
$0.64
cost
the
of
included above.—V.
and
other
of
170,
1395.
p.
too
John
Montreal
St.
Trust
only
has
Co.
been
appointed
1950,
at
total
1950,
Pipe
Line
trust
$17,500,000
Co.
$35,000,000
—
the
bonds
1,
1950
sale,- together
the
from
sale
of
April
with
on
of
bonds, series A,
of
3 V2 %
in
payable
to
Canadian
be
on
July
on
from
have
area
beep
estimated
at
Oil
in
the
1,000,000,000 barrels,
of the company will be
-
the
S.
to
$200,000
had
available
refused
properties
and
David
and
H.
mortgage
3>/4%
for
Co.,
Wall
16
The
Federal
Power
Nov.
in
3
Commission
Cedar
company's application
bonds.—V.
mortgage
has
in-^he
authorization
for
170,
-
11
a.m.
on
its
due
lias
Oct.
(CSTi
25
Suite
at
offering
proposed
1979.—V.
invitations
issued
of
170, p.
2200,
in
to
income
-
The
will
be
made
Wall
at
the
United
New
Street,
York,
States
Trust
Y.—V.
N,
Accounts
due
Jan.
1,
*
1979,
86,029
directors
have
declared
dividend
a
of
2,917
$1,836,187
paid
375,831
16,804
450,000
350,000
$1,614,304
87,572
the
share,
both
payment was made on Jan.
dividends having been deferred.
31,
last,
$4.52
t$3.94
FINANCIAL
CONDITION,
per
share
common
YEARS
ENDED
JULY
(at
securs.
cost
(less
int.)
&
$2,434,494
.
Res.
at
lower
cost
of
2,591,006
"
reserves)--
3,799,530
:
103,233
180,575
95,846
1
;
180,575
-
475,544
3,291,543
estd.
'<■
Federal
income
$411,067 >
$801,143
$582,747
631,497
497,844
1,317,739
1,434,402
350,000
taxes
350,000
-
—27,800
stock
($1
par)—
Earned
surplus
638,151
1,719,920
1,783,720
387,759
387,759
—
_—
4,013,763
4,005,186
2,950,623
G.
public
of
last
$4,144
855
will
'• $4,652
$3,509
the
$9,901,249
1949—4 Wks.—1948
170,
beginning
year
calendar
Oct.
on
year.—V.
170,
payable.
profit from sales
Net
net
The
1948
to
asset
$24.89
3,700
of
value
at
securities.-.^—"
per
Sept.
share
increased
30,
1949.
30, 1949, the authorized
par $1 each, of which 18,502 shares
At
A
1949—40 Wks.—1948
$24.51
J® *'
at
Dec,
2
31,
Dry
Total
—V.
.V '
r:.\,".
'capital stock
were
was
The
shares,
outstanding.—V. 170, p. 399,
from
the
RFC.
$15,000,000.
tion
Corp.—Seeking Another RFC Loan—
corporation, according to
The
It
amount
would
be
press
the
of
the
1
yearly
accounting
ending on Sept.
The
Oct.
Lane
and
period
30
to
from
fiscal
a
that
of
a
used
for
is seeking another loan
proposed loan is reported to be
the
company's
automobile
distribu¬
10
years
of
RFC
repay
at
granted
plant
to
interest
facilities,
variously
models or for putting out a
rolet low-priced field.
To Curtail
This
(Oct.
for
President.
All
corporation
of
4%,
It
reported
to
was
in
as
model
new
$34,400,000
a
in
loan,
finance
a
will
for
strike,
"-Current
he
production operations beginning today
period, according to Edgar F. Kaiser,
will
continue
with
their
full-time
current
model
a
change
nor
Is
it
due
to
the
volume
factory stocks
p.
at
are
now
and
an
abnormal
indicated,
will
result
low
available
Wall
National
has
however,
in
early
in
first
Mr.
will
quickly
resumption of
1396.
mortgage
exchange
Street,
Bank
&
New
2%%
Bryant
store
by Peter J.
specialty
will
be
opened
completely
The
SEC
Oct.
the
13
located
remodeled
at
a
cost
of
$1,000,000.—V.
Under
its
bonds,
due
June
1T 1978, are now
bonds at the Bankers Trust Co.,and
at
111.—V.
the
Continental
170,
p.
885.
Illinois
K.
announced
Lehigh
proposal,
to
Bridge Company,
indebtedness.
outstanding
owned
by
Lehigh,
consideration
is
approval
of
certain
the
voline
inci¬
to
of
will make
$187,000
a
to be utilized
by
cash capital con¬
the latter to discharge
be
sold to
The sale of
company stock, all of which
the Commonwealth for a cash
$452,755.
the Bridge company stock
is
under provisions of the Commission's rules, but the cash con¬
requires SEC authorization.
The order of the Commission
authorizes
...
said
contribution.—V.
...
Arthur
added
to
H.
Bunker
Pearson,
shares
170,
a
the'board
The stockholders
300
—V.
and
for
of
Treasurer
director
as
is
"'about
the
accepted."
the
of
end
the
Corporation
has
loaned
Lustron
some
letter
a
nouacation
01
with
'
the
SEC
preferred *tock ($100 par) and 6,000
stock and 10,000 shares (no par) voting
is
to be
ottered
at
p?r
and
(he voting
Alex.
and non¬
Brown
&
Sons,
stock.—V. 170,
common
of
President,
Oct.
on
13
announced
that
control
or
directors
new
attorney
and
the
Union
Dr.
Chairman
Howard
National
Frederic
elected,
were
and
Co.,
W.
T.
Bank
of
Lathrop
of
includ ng William
of
the
board
cf
G.
Pittsburgh. The other
Piainfieid, N. J., and
Jeannette.
Bechman,
Freedom-Val-
Vico-Pres!dent
Hard'e,
and
cashier
directors
new
O.
S.
Wood,
'
which
company
manufacture
of
chartered
was
in
1G53.
is
a
leader
in
the
heat
resisting glass cooking ware, processed top-ofand decorated kitchenrvare and other glass articles.
Officers
of
the
company
are:
Mr. Wood,
Pres'dent;
William A.
Wood, Executive Vice President; D._ B. Piikey, Treasurer;
Robert L.
Smith, Secretary;
Dr.
A
W.
Wishart, Vice-President and General
Superintendent and W. B. Smith, Assistant Treasurer,
stove
ware,
plain
M and M Wood
Years Ended
Net
Net
earnings
Working Co.—Earnings—
July 31—
1949
$24,860,322
sales
•Earnings
•Based
after
per
its
and
share
common
1,400,000
on
1943
1947
$29,730,911
2,630,097
5,253,336
$22,016,900
3,491,420
taxes
$1.88
17
common
shares
$3.75
outstanding.—V.
$2.49
169,
p.
1670,
Macy & Co., Inc.—Reopens Two Stores—
Taylor's,
name
chgs,
to
the corporation's
Macy's
Kansas
Kansas
City
and
City
has
affiliate,
has
changed
been
completely rebuilt
announced on Oct. 15
by its President. Richard C. Roth. Formal opening ceremonies took
place on Oct.
17. This store has trebled in size, and the number
of merchandising departments has increased from 34 to 88.
and
expanded
Macy's
at
San
a
of
cost
Francisco,
$7,000,000,
the
former
it
was
O'Connor,
Molfatt
store,
was
formally opened on Oct.
gram
—V.
which
170,
P.
is
also
9, following completion of its expansion pro¬
reported to have cost approximately $7,000,000.
1497.
-
released
Alvin W.
and
Corp.
Vice-President
filed
12
nonvoting
Wood,
Oil
John
transactions
The Bridge
tribution
now
and
found
has changed hands, heirs of the founder, A. J. Smith,
managed the firm, having acquired majority
ownership
stock through the purchase of shares held
by other heirs.
(R. H.)
sale
the
the
accepted,
be
can
have
Pittsburgh
170,
by company of Allentown Bridge Co. pursuant to
an
agreement with the Secretary of Highways of the Commonwealth
of Pennsylvania.
tribution
the
Fred
of
company
■
to
directors
been
said:
and
McKee Glass Co., Jeanette, Pa.—New Control—
Arch
today
Wessel, General Manager.
in Chicago, 111,, since
store,
„
170,
p.
p.
of
President
.
Oct.
Announcement
i
•
•
Climax.
of
■
The
Molybdenum
Lehman
i
Corp.,
Co.,
and
have been
.
...
19 also approved
corporation's
-
of
Vice-President
on
the
1497.
r
of-directors.
(The) Magna vox Co.—Two New Appointments-
1397.
(The) Lehman Corp.—Two New Directors Elected—
Co., Chicago,
$1,141,424
.
for temporary
York, N.
Y.,
Trust
been
Buckley
cumulative
preferred
Lehigh Valley Transit Co.—Sale of Bridge—
exempt
level,"
Kansas City Power & Light Co.—Definitive Bonds—
Definitive
16
for
inventories
"Retail
production."—V. 170,
,
not
said.
dealer
stated.
exhaust
is
1948
83,012
greatly enlarged and completely modernized and now
entire Garland Building from basement to fifth floor.
1497.
dent
departments
1949
been
the
occupies
is
curtailment
Kaiser
has
Lane
announced
apparel
Lustron
homes.
in
company,
as
yet
following
authorize
steel
resignations,
Paul
as
reported
1192.
1497.
Oct.
on
shares of 5%
The
The
94,249
.
tons)——:
(in
remodeled
it was
women's
p.
Ford-Plymouth-Chev¬
activities.
steel
1916,
1951
curtail
temporary
other
company
600
par)
remodeling
preparation
the
with
Operations—
corporation
241
The
24),
The
Finance
170, p.
(no
Operations—
$1,338,524
by mill
the
as
to
this
successors
resignation
was
the
of
Delp',
not
14
C.,
D.
resignations
have
Oct.
on
prefabricated
McCormick & Co., Inc., Baltimore, Md.—Files—
for
are
Bryant, Inc.—Opens Large Store—
newly
It
the
6
Reconstruction
$37,500,000.—V.
Four
authorized
1297.
p.
recovery —
170, p. 399.
(Oct.
reports,
system.
On
meeting
Its
George
of
his
resigned
announcing
suitable
continue
p. 1494.—V. 170, p.
Washington,
sell
their
until
if
de¬
record
Resign—
operation
directors,
and
been
of
paid.
month."
of
Changed—
Commission
200,00
The
'! Kaiser-Frazer
will
has
holders
to
$616,956,013 $614,856,487
Service
Shore Mines, Ltd.—Mill
treated
ore
President,
resignations
when
in
Lustron
stockholders
Lowum
15
p. 495.
.
Sept.
the
by
share
per
Nov.
previously
corporation
refusal
continued
accepted
stockholders'
this
Public
Quarters Ended Sept. 30—
2,723
645
from
Lake
$1.75
as
voting stocks at $15 per share.
Underwriter,
Baltimore, will offer 1,000 shares of non-voting
1191.
p.
Missouri
change
to
company
rate
submitted
shares
year.—V.
28
1j87.
p.
/
help
three
have
be
not
elected
to
the
These
company.
who
635
Dividends
with
interest,
"
Sept.
1<0,
Philadelphia in V. 170,
this
of
loans
Strandlund,
Lowrum
The company in the four weeks ended Oct.
8, 1949 had an average
of 2,238 stores in operation, compared with 2,410 in the
corresponding
period
of
payable
same
Representatives
line
1,819,388
$12,739,233 $12,346,714
—
107.
Period End. Oct. 8—
beiow.—V.
Co., Philadelphia, Pa.—Usual
dividend
stock,
the
at
directors
of
Carl
387,647
4,015,770
Sales———— $59,114,751 $59,496,579
the
fexcl, of security profits & losses!
is
Federal
more
83,400
Kroger Co.—Current Sales Declined 0.6%—
1948
$5,507
profit
capital
This
Three
House
of
Net
semi-annual
the
on
The
On
1949
.
usual
21.
"Mr.
55,600
1,621,980
..
p.
Inc.
95,189
;
170,
Victory Mills,
Proposed Merger—
'
4,015,642
w—
Laclede Gas Light Co.—Fiscal Year
Income
Saratoga
corporation
pfd. stock ($20 par)
conv.
cum.
thereon-
(Ky.)—Weekly Output—•
output of this
See Fire Association of
C.
^ 602,060
—
for inventory contingencies
mortgage 5%
bonds and de-
interest
$9,901,249
.
.
payrolls, taxes & oth: items
for
1,580,918
$2,155,280
Dividend—
2,609,199:
<
$12,739,233 $12,346,714
——
1,715,394
$2,972,436
Lumbermen's Insurance
3,640,958
107,709
*
4,206,106
——
payable
1,250,310
$1,821,744
Lustron Corp.—Three Directors
1
(less
$3,736,198
(M.) Lowenstein & Sons, Inc.—Sells Alabama Mills—•
See
(first-
—
accounts
$4,687,830
company for the week ended Oct. 15, 1949,
kwh., as compared with 43,480,000 kwh. for the cor¬
responding week last year, a decrease of 22.2%. After excluding sales
to other utilities, local sales Increased 2.8% in the
corresponding period.
—V. 170, p. 1497,
1,565,342
?8,230
Capital surplus
Appraisal surplus ——
(The) Johnston Mutual Fund, Inc.- -Earnings—
Expenses '
Electric
$1,476,130
998,117
1,515,596
19,150
Drl0,247
$3,072,054
$3,746,445
totaled 33,824,000
Oct.
998,051
516
170, p. 1192.
•
1947
$4,687,314
DrB,857
Louisville Gas & Electric Co.
clared
1948
p
deducts—
$3,080,911
$3,739,225
1,454,742
.
income—
31
1949
•
income
stock.
April 30 and July
V
Rex C. Jacobs, President, said the preferred dividends were declared
out of current earnings.—V. 170, p. 107.
>'■!•
v.,f - a
V
.
-V.
$3,743,600
Dr4,375
.
(net)
income
Net
$1.59
share——
'
Total
the
on
the
3 Months Ended Sept. 30—
Total
The
OF
assets
Common
and
quarterly
31
Gross
trustee,
share
1949—12 Mos,—1948
$2,284,483
income
income
"In
5%
preferred stock, par $50, to wipe out accumulations
the regular quarterly-dividend of 62V2 cents per
payable Oct. 31 to holders of record Oct. 24.
The last
issue,
—
taxes
308,613
.42,874
Property
cumulative
on
-
Income taxes—.—
90,217
503,821
inventory contingencies, earnings
receivable
Total
per
Operating
$707,461
83,995
697,629
-r-
924,744
Other
1300.
$1.25
expenses
Earnings—
1949—9 Mos.—1948
Depreciation
85,563
(F. L.) Jacobs Co.—Pays Dividend Arrearages—
The
$4,000,000
to the
report
a
$22,155,720 $19,932,162 $29,066,368 $25,711,292
10,659,218
10,142,129
14,481,572
13,446,464
1,927,187
1,878,964
2,602,201
2,414,619
1,994.988
1,631,076
2,553,713
2,144,082
2,494,600
2,083,381
3,271,141
2,697,954
1,336,127
1,115,701
1,470,427
1,261,728
revenues—
Maintenance
1947
1,250,000
1,130,000
of dies collect, from customers
—V.
5%
In
Co., New York, N. Y., has been appointed
for the capital stock.—V. 169, p. 2315.
transfer agent
oper.
Other
*
1948
reserv*)__
First
York,
B,
976,620
Reserve
New
series
$3,692,644
U, S. Govt,
Aeorued
■
of
p.
remaining
and
Operating
17,669,949
paid
common
STATEMENT
Accounts
up
Redemption—
Co.
168,
Corp.—Prepays Notes—
Sept. 23 paid off all the
which it had outstanding.
on
notes
Long Island Lighting Co.
Total
371,243
1,006,327
first-out) or marketJ
■£
Prepaid insurance and taxes—..
called for redemption on Dec. 1, next, through
operation of the sinking fund, $20,000 of first mortgage 3%% bonds,
series A, due Dec. 1,
1977, at 101% and accrued, interest.
Payment
45
corporation
New York
1296.
p.
18,871,167
in,
has
company
present capitalization,
in July, 1948
V. 168,
by
480,767
L*.
—
tBefore
ferred
,* Jacksonville Terminal Co.—Partial
offer
proposal
a
$4.84
Street, Chicago,
mortgage bonds,
first
new
'
*
170,
contingencies
ASSETS—
-
received
$2.52
on
the stock
of
split
Loft Candy Corp.—N. Y. Transfer Agent—
of
16,938,157
income taxes
dividends
•Loss
were
to
be
Adams
105
$10,000,000
1496.
bids
for
$1,414,000
1,121,758)
Fed.
inventory
LIABILITIES—
company
notes
tBased
charges,
Exchange Commission, the company states that the
notes which
it prepaid were the
fourth and fifth serial maturities
of $2,000,000 each, due Jan. 15,
1951, and July 15, 1951.
The note3
were
issued under loan agreements dated June 15, 1946, between the
company and certain banks.—V. 170, p. 1297.
$21,506,869 $23,465,958 $20,196,665
amortiz. of propertiesadministrative expenses{
per
"
Iowa-Illinoi^ Gas & Electric Co.—Invites Bids—
the
down
89,863
*
dividends
:
The
of
$21,455,406 $23,382,684 $20,042,012
*38,400
*2.755
69,090
—
—
Earnings
a
hearing to com¬
proceeding involving
$1,250,000 3%% first>
issue
to
sub¬
Daniel
previous
New
cost of
goods
sold
depreciation) _i_.
Common
r*
1191.
p.
holders
accept
bonds,
expense
for
Preferred
—/V
scheduled
Iowa,
Rapids,
a
outstanding
Street,
———
for estd.
Prov.
con¬
•
and
Interest
:
1496.
Iowa Electric Co.—Hearing on Bond Issue
<
for
turned
Ratner.—V.
exchange
in
than
Inventories
mence
to
also
disposal of properties
1,
Cost
V. 170, p,
that
360,000
The Chemical Bank & Trust
the
income
Deprec.
In
see
Chicago.
disclosed
properties, made by D. D. Walker and
had
been
raised
to
$1,700,000.
This
was
creditors of three operating companies in
Cash
For further details
three
and
company
Court at
360,000
610,000
180,000
t$1.69
$2.80
and
taxes
$5,700,000
909,000
—
two-for-one
to
promissory
Securities
the
pay
——
Selling and
Initially the management
supplied by Im¬
perial Oil, Ltd., a subsidiary of Standard Oil Co. of New Jersey. It is
expected that Imperial Oil will always maintain a substantial interest '
the company.
the
District
Federal
effect
Lockheed Aircraft
of
temporary bonds at the
York, N. Y.
and
at the
Illinois National Eank & Trust
Co., Chicago. 111.—V. 170
on
(other
Alberta
-
U.
Drohan, trustees,
LaBuy
first
income
Total
and collateral
and from the sale
reserves
for
J.
Trust
Manufacturing
mortgage
recovery
in
F.
$150,000
Keeshin
Profit
Net
proceeds
first
reorganizing
18
Louis,
to
for
.sales
Prov.
purchased
$8,750,000
Canadian
refineries.
L.
for
Oct.
William
1947
$7,400,000
1,007,600
.—
2326.
company.
Other
Bonds
funds,
of $17,000,000 cf 4% convertible sinking fund debentures, also payable V
in Canadian funds, wijl be used to finance construction of a
1,150-mile
pipe line for the transportation of crude oil from Alberta, Canada, to*
Superior, Wis,
From that point the oil will be transported by. lake.
tankers
17,055
$333,697'
*After
Operating
1
"
$37,000,000
will
and
of 101.81%.
price
a
Proceeds
current
$8,750,000
issue,
p.
$2,724,993
15,817
$305,499
Years Ended July 31—1943
1, 1970, and payable in United States funds. The First1
Boston Corp. acted as agent for the company.
the
150,713
$2,383,480
Dr)
King-Seeley Corp.—Annual Report—
-
18, has concluded negotiations with certain institutional
investors, for the sale of $35,000,000 3%% first mort¬
gage and collateral trust bonds, series B, maturing Jan.
1,
giving
1396.
p.
Placed Privately—The company, it was announced, Oct.
Of
034,713
plan
available
Net
Jan.
712,591
1948
$8,160,000
(estimated)—
Capital shares outstanding
Earnings per share
profit
482,728
140,414
income.
1949
31
.
*Net
may
•-
Interprovincial
6 Months Ended Aug.
Sales
King
15
at
West, Toronto, Ont., and 466 Howe St., Vancouver, B. C., Canada.—
170, p.' 106.
>
v.
Subsidiary)
726,750
St.
little
Bankers
and
agent
said stock
of
2009.
p.
Lionel Corp.—Earnings—
CO.
136,273
leave
Definitive
transfer
Transfers
the offices of said trust company
at
RY.
73,679
Walter
Continental
the shares of capital stock.
be effected
ARKANSAS
President
Period End. Sept. 30—
Co., Ltd.—Transfer Agent—
Promotion
108,
$7,525,515
Kentucky Utilities Co.—Definitive Bonds Ready—
are
International Petroleum
registrar for
&
$6,773,976
1949—Month—1948
1949—9 Mos.- —1948
$1,625,005
$1,819,685 $13,649,366 $15, 207,417
974,523
1,052,402
8,656,493
704,486
177,000
210,000
1,259,500
879,921
Dr)
(net
of
and
.
.
Sales
elected
(net
and
parent
as
-
B.
Bond,
formerly
Vice-President
and
of Aeronautical Exhibits, Inc., has been
Publisher, succeeding Franklin S. Forsberg,—V,
•70,259
$1,414,000
Judge
expenses.
SEC
the
with
Liberty Magazine, Inc.—New President—
78,487
sufficient
the
ended Sept. 30,
1949, the liquidation
of Delaware was completed.
Accordingly
that company for this quarter are not
Corp.
accounts
LOUISIANA
taxes
filed
was
associates
termed
quarter
Chemical
operation
sales
of
statement
Osborne
accruals-
amended
Carmell
$0.32
share
deducting
OF
$881,125
1496.
p.
sidiaries
(.est.)
per com.
$774,520
Keeshin Freight Lines, Inc.—Reorganization—
An
56,250
registration
a
Manager
This
524,995
filed
17
covering 800,000 "Lexington Trust Fund Shares."
1»J77,182
$1,698,328
Dal-
profit
The
,
income.
oper.
170,
1946
$2,542,059
$2,065,249
Interlake
now
57,340
rents
ry.
—V.
1948
56,550
NOTE—During
of
26,859
,
expenses
full
the
10,222
income
tax
rents
Net
'j
$2,760,651
Co
taxes
♦After
141,461
7,532
Dr>__
(net Dr)
ry.
offer
Net
182,568
(net
revenues
oper.
Other
re¬
Balance
Earnings
148,000
3,875,000
1,501,000
oper.
oper.
Federal
con¬
•
1949
depletion
inv.
Ore
Income
170,000
3,115,000
1,494,000
1,612,544
(Separately-Operated
previous
$2,534,214
Sept. 30—
amort,
for
wholly-owned
revenues
Deprec. and
ton
430,000
Period End. Sept. 30—
company-
the
over
Corp.—Earnings—
(And
spect
440,000
rents
ry.
Equip.
Prov.
taxes—
Oct.
company
16,368,504
EARNINGS
Ry.
important
•Sales
16,596,864
The
and
Net
year."
An
1,903,657
$29,619,243 $30,504,541
the
forest
servation
1,880,962
accruals.
tax
facil.
Jt.
Lexington Trust Fund, New York—Registration—
1949—9 Mos.—1948
$3,514,465
expenses
ry.
11
(1599)
Earnings—
$3,455,581
income
Equip,
owners
planting season, more than 1,500,000 pine seedlings
were
distributed by the company,
free of charge, to Southern land
ewners through 4-H Club
and Future Farmers organizations.
In addi¬
tion, the company itself planted 3,600,000 pine seedlings.
"With 38 trucks, 34 heavy tractors, 22 light tractors and 17 Jeeps
assigned
FINANCIAL CHRONICLE
1949—Month—1948
revenues
oper.
Federal
year.
private woodland
company-owned or leased land.
from
came
oper.
Ry.
15%
up
&
Kansas City Southern Ry. Co.
part:
bought from farmers and
was
5%
"During
of
in
International's
the
COMMERCIAL
Period End. Sept. 30—
1948 further stated
cords—over
"More
year*
company.
on
report
"Purchases
calendar
Copies of the
people in the South, including all
than 35,000
more
the
The
previous
the
THE
the proposal to retire the
capital- stock held in its treasury,
'
of
the
appointments of
Stewart
Roberts
as
Director
Merchandising and Assistant Sales Manager,^ and Lauren K. Hagaas
Director
of
Advertising and Public Relations,
was. made
of
man
17 by Frank Frehnann, Executive Vice-President,
r
,
.
^
positions are new and nave been set up because of the,
expanding-new product program now m -full swing at Magnavox,
on
Oct.
Both"
the
announcement
Mr.
Freimami
emphasis
on
said.
stated
television
<
that
in
*
the
new
addition
<
,.«-i
product urogram,- with heavy,
tho
company's
established
to
Maiden (Mass.) Electric
expanded merchandising
radio-phonograph bush.effi. would require
and
promotional
aetivitic^
restricted dealers will be carefullj
Co.—To Borrow—
P,'M"i'Arfawmlrapproved8o'L'Oct.o° Xe
.
company's creditors will
full immediately 30.
already deposited with an be paid ofinthe Court on Sept. but of funds
officer
The remaining creditors with aggregate debts of $3,400,000 will re¬
ce}ve full payment with interest; 20% of the debts will be paid immediatelv and 20% will be paid in four equal yearly payments.
During the two years of negotiations for extension of Mills debts,
company was doing business uninterruptedly and was in complete
possession of its plant and equipment,
"Mills present financial situation is excellent," said Ralph Mills,
Chairman of the Board. "Our bank loans have been reduced by
$2,500,000,extraordinary expenses been reduced,consolidating operations,
our inventories have incurred in
and the company, dethe
ajntained°he sa d.
T,*e company, subsidiary of New England Electric System (Boston),
maintained, he said U **
^ &ppl,J {Q tfae 3EC ^ authorization t0 borrow $450(0oo during
Widely experienced in the fields of merchandising, advertising and < 0ct and $50,000 during Dec., 1949, irom four banks. Proceeds will be
sales, Mr. Roberts comes to Magna\ox afyer three years with Bendix
used t0 reimburse Maiden's treasury for capital expenditures heretoHome Appliances, Inc.,
as Director of Advertising and Sales Tromoiore ,nade and> jn par^ ^0 pay for construction expenditures during
tion.
Prior to that, he had been for three years with United Walltba remainder of 1949. The borrowing will be represented by 2%
|/aper Cc. as Vice-President In charge
of the Trimz Division.
promissory notes maturing in six rnontus,
"Larry Hagaman since January 1945 served The Mengel Co., LouisThe SEC has given interested persons until Oct. 27 to request a
ville
Ky.
in various capacities, at Assistant Director of Sales, Man- '
hearing.-—V. 159, p. 217.
, :
. i ager
of 'Advertising
and Promotion, and Chairman of the Stylo
•Committee.—V. 170, p. 1497.
"
V
Manafi Snear Co—Earnings This YPar Tnwpr
IVianau sugar DO.
:
earnings lnis X ear Lower
The
through
,
»
/P
r
T
rn
\
pivateiy—ine com
of Sept. 15, placed privately a $d,Dl)U,UUU 6 ,s/c
The loan was negotiated through A. H.
Sir
Cr\
Fiotrnit
Cif th&
nrnrpprta $1 600 000 W&S
Vogel & Co., Detro.t.
Of the proceeds J
'
,
used to refund a 3 V2% long term loan oi UKe amount,
as
pany,
loan.
15-year
v
166 '
'
1357
D
'
y
M(1.
Camf.
...
Dl
Maine Public Service Co.
(
Merrill
nffprpd
Cfnnb-c
«A
a
Merrill
Stocks Uliered
—
Lynch, Pierce, Fenner & Beane and Kidder, Peabody & .
Oct. 18 offered at par and dividend
Co. and associates on
preferred stock ($20 par),
30,000 shares of 5^2%
a
i
if
_
/rffprincf
Jc
nAmnontr
fne
time company is
same
Provision
Par share-"---
.
of common stock not"
the exercise of warrants.
" ; *
"
Central Hanover Bank & Trust
Trust Co. of New York. '
•
Applied'to
* PURPOSE—The net proceeds will be
the cost of installaof a 7,500 kilowatt steam electric generating plant, the total cost;,
which is estimated at $1,800,000.
Such steam electric generating-
r
largest
NOTE—The
.
,
_
,
,
,v
,,
.
,
Marsh Wall products, Inc. Masonite Corp.
stock
.
r
"
total capital expenditures for
PROGRAM—The
for
program
■estimated at approximately $2,800,000,
is for
expenditures during 1949 and
corporate funds.
.v
,
,
-
_
Of the estimated $2,800,000 of funds required for such construction
$1,800,000 will be used for the construction of the steam,
plant and the balance of $1,009,000 (including $250,000-expended in.-.
1949 prior to July 31) has been or will be applied to the purchase
»hd installation of meters, transformers and other additions and bet-.
facilities
distribution
the
required
,
•'
'
,,
'
,
Authorized
•
collaLeral trust
1975__._,„—
a.r
1
debentures due Jan.
4/4/r
$1,500,000
1, 1963.„—
Property purchase obligation,
due
ms<;axments to 1358.
preferred ($10
stock ($30 par)stock
5/2,^
Common
215,472
—'
par)
'
the
125,157
t30.000 shs.
tThe
stockholders
Authorized capital
Bisting
•<rf
capital
cf
stock
200,000 .shares
preferred
The
of
stock
of
-
subsidiary's
CCtrndian
enn
bv
the
value
(par
$10)
stock
(par
outstanding
stock
nnrf
in
bptil 1329.
amor ox
AND
1917
is
operated
engaged
in
counties
in
northeastern
,
.The
company
all
owns
of
Pnlfr r'n
Brunswick
acquiring
•enlarged
the
the
outstanding
the genera-
^he'^^nad^an
to
^
capital
stock
'
(except'
and
those
of
sSteidE™
the
of
subs^iarys ^inktT h^rc pl^nt
the
transmission
Man.e
and
The
and
are
company
distribution
owned
and
lines
connected
operated
at
serves
retail
the
and
w
by
50
the
portibrr'^^the
major
therewith
located
are
former
1
«
.including
Caribou
Presque Isle, Madawaska and Fort'Kent and at' wholesale 16
munities, including Van Buren, Houlton and Fort Fairfield
The
lation of its territory so -served was 99,414 in 1940
•
,
*
partner
of
the
/Preferred
ferred
stock
;
Stock—The
to
be
*
,
Merrill
underwriters
curchased
Lynch,
!tr
Peirce,
hv
Lee
6,250
.
Peabody & Co.— 6.250
Hayden, Stone & Co..,
3,000
rnmmnn
are
as
m/wk
tho
H.
Walker
&
M.
Payson
Thereafter,
3,000
& Co
<
,,
•
*
,
Percentage
Percentage
Wn«U^LBnf' P>me' Fm-~
,,
22
J"ee Ht88lnson Cor"--—-10 >
M. Marks
10
Kiddey^ Pearbody & Co....
22
G. H. Walker & Co,——1
(Rayden, Stone & Co
10
H.
Hornblower & Weeks
19
ner
&
Beane
"
it
—V,
inn
i,m
170, p. 1498.
Laurence
M.
&
Payson
~
&
*
,
Co
Utilities
proposal,
Co...
•
10
6
will
purchase
an
1
$213,700
$351,386
taxes, $142,466; reserve for furnace repairs
$108 376;
preferred stock (par $15), $1,083,-
additional • 22,496
its issued and outstanding
-
'
'
The company on Oct. 6 filed a letter of notification with the SEC
for 1,500 shares of preferred stock to be offered at $100 per share
1 °U Un erWr lng' rocee s V. e used o ncrease capi a .
.Mil's Industries, Inc., Chicago—Court Approves Plan
Arrangement—
OI
,
A voluntary Plan of Arrangement between this corporation and
Creditors was approved on Oct. 17 by Wallace Streeter, Referee
its
in
the Federal District Court at Chicago, 111.
Since 1947 the 60-year-old pioneer Chicago manufacturing concern
.^as deen negotiating
with
a
Creditors' Committee to evolve a basis.
+r»
o.
- Wisconsin corporation. It is a public utility engaged
in the production, ,transmission, distribution and sale of electrieity
id th^ City of Winona, Minn., and surrounding territories in Mm»Company is a
-
common
Great Lakes would change
•
^ Sf
"
,the Percentage of shares
J
„
.W
,
Midwestern Insurance Co., Oklahoma City—Files—
,
,
wairants, to be purchased by each
follows^
$595,644
244,258
"^gaga notes payable, $40,000; 4%
°f
$3,968,880 into 330,740 shares ($12 par) common.-V. 170, p. 984.
.1— 2 500
.
reserve for Income
and
§2,496 shares (no par) common with an aggregate stated capital of
Co.—.. 3 000
.
the
securities valued at $534,620.
No. of Shrs.
,
—~
——$356,166
—142,466
ASSETS—-Cash $333 339' U S. Govt, securities, $137,000; accounts
and no1es receivable, $610,280; inventories, $2,093,858; ,cash—sinking
fund) $i6; investments in other companies, $674,506; plant an 1 equipment iess depreciation, $3,840,792) prepaid items, $47,903; goodwill, $1;
lotal $7,737,695.
Ttarii ities—Accounts payable $428539'' accrued taxes, $285,260;
fn cash; cancellation and surrender of $715,000 of notes of Great
Lakes held by Utilities; and the transfer to Great Lakes of various
i
H.
imdA-t*nn<itni><!>
AvlrT.
#
G.
$566,225
29,419.
$1.24 ■; $2.12
.
CONSOLIDATED BALANCE SHEET, JUNE 30, 1949
:•
& A* Rice"
wUVice-President
1
V"'
Net- income
;
.
Earnings.per common share----—.3—:
stock for an aggregate consideration of $3,249,620. Payment would be made as follows; $1,000,000
hares of pre7
as follows.
the Inland
"
M.neni-in OUPSldiary
Under
Higginson Corp.—
f£iP
^ ^ ^^
shares of Power's (no par)
'"
■
of
'
company and Its subsidiary, Great Lakes Power Co., Ltd.. have
received- an SEC order authorizing Utilities to make, an additional
equity- -Investment in Power and the recapitalization of Power.
,
;
ram'
Laurence M. Marks & Co.— 3,000
Hornblower & Weeks—— 3,000
not^s?5??ihS
>■
nf
.
Fen-
Kidder,
nnmh*,.
ac
by eacl1
...
No. of Shrs.
«
nnri
eneh
'
1
'diswlwd
Investment in Snhsidiarv
.
UNDERWRITERS
Rosenthal, Senior,
President
1948
$3,689,691 $4,463,284
3,897,059
.
Profit before taxes on Income;
Provision for taxes on income..^—
"• '
Middle West Utilities Co. of Canada, Ltd-.—Additional
,
dodu
rAr
and
of sales,
•
_
Net sales
'
-
in
company
communities
Bank
National
Chicago
^461070o° pWh1498°r
of
Merchants 'Acceptance
of its kind in
- For tlle: week ended Oct., 13,
1949, the System input of subsidiaries',
of this corporation amounted to 84,078.000 kwh.,-an increase of-
e
the company
the: only operation
P: 495;..
'
v Middle South Utilities, Inc.—Weekly Input—
A^adawas.ka' Carle.t0.n and Victoria, in the Province.
.Maine propmies"c^t
subsXrVa^^si^^hl
properties of
..
p ./
£
of -Payson & lrasx ox
^
•
h»v« hi»on eleriPrt
■if
,
comoanv in charge
Mississippi Glass 30— (& Subs.)—Earnings—
Co.
1949
,
°f, "u"'! & N€w Brunswick Electrical
and °peratfs a bydrd»>.
Srtric Zen^zihi
of
Adjacent
Maine
Trad-
earned sm plus, $2,48a,134, total, $7,737,695. V. 170, p. 306.
, .
....
,
Mississippi Valley Public Service Co.—Stock Offered
The board in >1949, Merchants Acceptance Co. had of the firm.Merrill" Lynch, Pierce, Fenner & Beane 1ft 1ftCarter H.
of-directors win consist of the officers a capital investand ^00
Started
tKa fiiVlHlin Opt
ment of $46,000—its first fiscal vear ended Sept.' 30, 1939 showing
Harrison & LO.^Ofiered to tne PUullC UCl. 10, 18,DUU 9"° .
a total vo'ume OJf $161,000. Tn the 10 years since its beginning the
tional shares Of common stock. The Olfering IS subject
firm .haS had
total volume of $24,000,000. The new corporation , to the prior right of common stockholders of company
eKpeC td
amount °f volume in lts fipst year alone* ' . • to subscribe to the shares, at $15.80 .a share, in the ratio,
Michigan-Wisconsin Pipe Line Co.—1,609-Mne ' Line
of approximately 3/1 Oths of one share of additional stock
Completed—
'
'
";r• for each share of common stock held on Oct. 14. The
r The 1,609-mile Michigan-Wisconsin gas pipe line from Texas has
subscription privilege expires at 3 p.m. (CST) on Oct., 27.
been completed and within two weeks it is expected that it will1"-' Net -proceeds of the issue will be used by the company Co finance
ggn.carrying its government-estabUshed flow of; 56.000 000,000 cubic
the lirPst expenditures toward the installation of a new 15.000-kw;*
in'
.
Wro/lrtri„i, v
oft*
im^at efv' tSf ^L°\^??teit^„prl^ipa^at retail« in an al'ea
Penobscot
'A
a d
.
President of the
presdent of e
/f » 5
partner, will be Treasurer and Manager of the Consumer Instalment.
Financing Department; Joel F. Rosenthal, Jr., will be Secretary and
Assistant Manager of the Consume'- Instalment Financing Department.,- ,-v
Electric" Co
of Gould
name
company,
lnto
P^sment6"? Theh AccounTs" Re?e?vMjleC°Depal1tm^
$293,0^0.
incorporated
was
IU\noLs
director
a
truscee. securing the first
the
under
It is an operating utility
*°rd«r.
of
of
),
^ /Ue 1975,
h
SUBSIDIARY— Companoy
and
shares
'
?5age
4% series due 1978,
'Pe^tual debenture stock. All
qualifying shares, is owned.
.
■
COMPANY
consisting
30,000
cT
^ortgagfSS colSma tfisf bonds
bonds.
Maine
'shares
;
-
con-
securities at July 31,1949 consisted
(par $100), $582,000 (Canadian
*?ndsS3%*
,,,
shares
200 000
to 230 000
$10) and
•
common
comuanv
from
„
Six Months Ended June
®erpstein- who wil1 be Executive Vice-President and President, respectiveiy. yare Angus, Fraser, a Vice-President of Commercial Credit Co.
I?? 2l yef,rs ?nd whose association with Merchants Acceptance Co. as^
yjce-President was announced recently (Mr. Eraser is a director of y
the Agar, Packing Co., and the Crowe Name Mfg. Co.); Ray Torger-
the1
amendment increasing
an
company
$20).
2!
m
tht
adopted
the
common
(par
5,000 shares of
«f
duly
of
'
Investment Corp. Mr. Rosenthal, who will be the Executive VicePresident of the new firm, has been in the finance business in
Chicago since 1919.'
Other officers of the firm in addition to Messrs. Rosenthal and
-.
have
stock
of.
a
terms
bonds of the company.
group
a
Illinois—Acquisition, Etc.
$1,000,600 and its resources to $5,000,000 is Joel F.
30,000 shs.-
175,000 shs.
—200,000 shs,
comprises
Merchants Time Sates Corp., to form a third division for consumer
appliance; instalment, financing.
...,
Bringing • new capital • into the firm, raising its capitalization to
;
of the indenture dated as of Qct.,1, 1945
between the company and Continental Illinois National Bank & Trust Co ?'
of Chicago, as trustee, securing the first mortgage and collateral trust.
""Subject to
.
spring,
Chicago?" The K Cost of salel, administrative apd sales expense.
3,358,177
new ffrm will handle all types of-business-loans, secured antPufw
secured, all types of accounts receivable, inventory and warehouse
Gross 'profit' $331,514
receipt loans and will absorb its present instalment finance cdmpany,
other income
24,652
$2,838,000
1,500,000
Unlimited
last
and incorporated the. firm, to be known-as the
Qq
"• Outstanding
,
•
due
ootids, 2 4/<•'scries
closed
was
Eeymou" Bernstein. 42 year old Chicago financier, and resources,
announced on
15 that this company has acquired new capital
IT^LIZAaION,- niviNO EFFECT to PRESENT .FINANCING "
GIVING rwpr'T Tq pppwmt ptmamptmg
LS.
which
Oct.
CAPITALIZATION
.
*
-
plant,
>
r, '
"'',*• r «•
■■
Merchants Acceptance Co. of
WMSSPW,MC,Udta« "" conslructlon <* iural
,
"V"
Co.—Registers—
statement with the SEC
as a
■*••; v
with the-
connection
in
19 filed a registration
Oct
of
.
.
_
one-to-four-story buildings, with approximately 400,000 square feet -;
Ambrose E. Stevens
of space, on 22 acres of ground,
It is understood the buyer will
aireciois.^
virP
raze some of the buildings and erect others for leasing.
(Philadelphia ,
jar. Stevens is Vice
"Inquirer.")-V. 170, p. 400.
•% ::%
y-v,; ^ ^£^ ev!S; I fA
,
to
como»nv. on
-
program,
terments
Th
acquired 93% of the Marsh ;
has been operating that company
and
The
'
-
, ,, .,^ :^
Dec- 31, 1948.—V. 170, p. 692.
the
are,-
the years 1949 and 1950
cf which approximately $600,000
$2,200,000 is for expenditures
during the year 1950.
Company presently expects to obtain approximacely $1,000,000 of the remaining $1,900,000 not provided by the
current offerings from the sale of debt securities, during 1950
and
the balance from short term bank loans and the company's general
construction
company's
for
..
Minnesota Mining & Manufacturing
:
the first'-time figures of-""
4
C0Vt"w 75 ooo shares '(no par) owned, subsidiaries, be sold an.:"employee
common stock, to
to employees
subsidiary since
the company and five wholly
under
\ a
: -{ stock purchase plan't adopted Sept. 16., The, proceeds will be used for
„
,
,
, .
• 3;.-: general corporate purposes which may include retirement of a portion
Mead Corp.—Sells Philadelphia Paper Mill—
\
of the company's 2'3,\cfc debentudes, due 1967,rnr its $4 preferred stock.
Tbe saie bv tbis COmpany of the Dill & Collins paper plant" in.-'
The five wholly-owned subsidiaries are Inland Rubber jCo-., National
Philadelphia, Pa., to Henry Smink, who will hold title for an invest- ':'- Synthetic /Rubber ^Corp.,
Mid-States Gummer Paper Co National
ment syndicate
was
announced recently by the Jackson-Cross Co.
Advertising Co., and Empire Advertising Co.—V. 170, p. 1498.
The
consideration was not disclosed
but the property1, is assessed
-"-V
; :i
. j>
1
at $360,000.'
'
Minute Maid Corp.—New Directors Elected—
ivi': \
^expenditure in the company's construction program during 1949
«nd 1950.
CONSTRUCTION
fiscal year includes
1949
2,360 939,; a loss,—V. 170, ^.1398.^ ..^
$3.67
4,381,142
$7.30
7,027,335
Earns.,per common sh.
$4.14
$11.71
- 'After charges and Federal income taxes,
Caribou
■
,
pilofitr. 2,688 886
tion
of
(plant, tc be located adjacent to the company's 7,100 kilowatt
Diesel generating plant completed in 1948,- will* constitute the
.
.
c
_
V'*.'.
,
Minneapolis, Minn., to accommodate
hospital and incidental facilities. It was bought from
statement with the t
,,
York.
New
Co.,
been bought by this company in
Fac-
contalnlng 102.0oc sqUare teet has
building
Champion Motois
SEC covering
shares of common
Co.—V, 170, p. 1498.
v !'
n '
stock (par $1001.
■ !.;■ ;,;a"
,
v
:
r •
- ^
"cV'-'""""x"'■
' '-V-'r'M -^0'". ■" : C ' ■ "■'V' V v%v ; X v v"
'
_
■
r
Minneapolis & St. Louis Ry.—To Abandon^Line
MaSOnite Corp. bales and Earnings Dec ine
, ^
The company on Oct. 17 applied to the Interstate Commerce ComYears Ended Aug. 31—
1949
1948
' ; 1947 -V1946
mission for authority to abandon 9Va miles of branch line between
Nrt
$22 778,372 $36,472 950 $25,338,958 $1M48,340.;..
WaS reported t0 be ^rat,nB aton 0ct
n filed a registration
voting trust certificates for 4,540
The coinpany
of the remaining 25,000 shares
Agent,
one.Etory factory bulldins
the
p_ _
expansion made division it by stepped-up activity oF the. Harold W.
S IS necessary was announced on Oct. la by company's
and trust companies, plus its Other income, less its expenses and taxes
gweatt 'President
This division is responsible for the manufacture
for the period,, were $1,426,800 or slightly over 25 cents a share. This « and as'sembiy 0f; the aeronautical control devices* made by Honeywell
compares with $1,428,650 for the same period of 1948. V, 470, P. 1397.
for conimercial and military aircraft.
« '
„
,
•; _ '■
"v.; .
_ _
...
t,
• A
The move int0 the new buidling will start in November. The
^Maryland Jockey Club of Baltimore—Registers—
v
has 20,000 feet of office space and 5,000 feet occupied by cafeteria,
,
Transfer
>■
Dividends received by Marine Midland Corp., its con6tituent banks
the parent company
1949 from
"®verdl^under-
price
SDace—
.
,
..
.
<
Minneapolis-Honeywell Regulator Co.—Adds to
2,453,500
2,541,800
A jj
^
_
onlyt durlng fche first nine months Qf
additional shares Ol common stock,
Yolk, before 3 p.m. (EST) Oct. 31. 'The■
writers have agreed, to purchase at the subscription
Jtcgistrar, Guaranty
$6,505,185
«.*i5.e69 swiw HUW "•°5W8:>
...
"" appointment 01 a rece,,CT by
488
uourt. v. ion, p. too.
1949—9 Mos.—1948
$6,659,756
r_
eiy bnares th0n ll0ld 3,nd the Drivil020?
Six
men iieia, anu me pi 1Vlicgc/
subscribing for
purchased upon
830,100
843,600
taxes—
Net income
subject to allotment, out of the shares, if any, not subSCribed for. Warrants will be exercisable upon surrender
New*
at nffi Pf. nf Pp ntrnl Hanover' aank & Trust Co
ottice ot Leritmi Hanover Bank &
1 usi
any
for
$2,178,984
common
one <?harp far eacn
snare tor
of
1949—3 Mos.—1948
$2,259,469
Sfo
a(Illlate)
truM companles and
banks
constituent
its
Net profit
ottering to the holde^s
stock of record Oct. 17, the
right to subscribe at $12 a share for an aggregate of
25,00.0 shares of common stock (par $10) at the rate of
At
•
of its outstanding
(Inc,
.
Period End. Sept. 30—
*
hfilHprs
fhp
in
e
Indications are that net earnings of this company for the fiscal
has shown a satisfactory profit lor 1949. This consolidation also
year endlng June 30 1950> probably wll, be less than the $1.93 a • w?u bse refiected in future earnings."
common share earned in the year enu.ed June 30, 1949, Manuel E.
Mills industries founded in 1839, is said to be the worlds largest
Rionda, President, told stockholders at the annual meeting held on
manufacturer of coin operated vending machines.
Oct. 19.
#
.
present-day products of Mills Industries include completely autoMr. Rionda explained '.hat the 1950 Cuban sugar crop may be 10%
matic vending machines with change-makers, dispensing soft drinks
less than-the 1949 crop of 5,074,703 Spanish long tons.
Manati proin bottles or in paper cups suitable for Coca-Coia, Pepsi-Cola and other
duced 858,575 bags of sugar in the 12 months to June 30, 1949. This
ft drinks- it also manufactures compressors and condensing units for
has all been sold except .for about 1,400 bags reserved for local Cuban
a,r conditioning and refrigeration purposes; gum and candy vending
consumption.—V. 169, p. 2210,
. , ^ y; , machines; weighing scales; and coin-operated devices.
Schwartz and Cooper, and Bluford, Krinsley, Schultz & Voorheis,
Marine Midland Corn.
Earnings
the company's attorneys, pointed out that the entire plan of arrange-
Privafplv—1The com-
PlnrPrl
r»an
(R. C.) Mahon Co.—Loan Placed
Monday/October 24, 1949
CHRONICLE?
THE COMMERCIAL & FINANCIAL
(1600)
12-
Aug.*
ended
31. 1949,
the^mpany
had
"it
irtCom« 4°af $226'704 compared With "et income-of $173,994 for the
year 1948^
' rrtMTm, BT_.wn
T,
. - " *
ADDITIONAL FINANCING CONTEMPLATED It is contemplated
that approximately $1,800,000 of the $2,500,000 of, required funds to
finance company's construction program will be received from the sale
0f bonds and $700,000 from, the sale of common stock. After the sale
0f the 18,500 shares of common- stock now offered it is proposed to
sen about $1,800,000 of additional first mortgage bonds, the proceeds
.
of which are to be used for such construction purposes during the
next 12 month period. It is also proposed that further offerings of
common stock will be made at later dates until a total of approximately $700,000 .is realized from the sale of common stock.—V. 160,
p. 434.
.
*
, .
. t Mi«;«;niiri-Kansas-Texas RR—Newr Director—
Missouri IVdnsas lexas itii.
iNew lyirecior
C. E. Naylor, President of the Maintenance Engineering
Houston, Tex., has been eiected a director to succeed the late
Pricnsrd
died sever&I nion^ns s§iO» Y♦ 17v» p* 13j8»
Corp.,
L. H.
,
Missouri Power & Light Co.—Registers Securities—
statement with the SEC pro-
The company bas fned a registration
ferred stock
($100 pari.
«uStottini2
Competitive bidding will determine the interest and dividend
offering price and underwriting terms.
rates,
-
Proceeds of the financing will be added to general funds of the
company and used in part to Retire unsecured promissory notes aggregating $2,000,000, to reimburse the company's treasury fox. capital ex-
fVolume 170
penditures,
other
to
Number 4849
in
meet
corporate
the
part
cost
THE
of
property
purposes.
.
additions,
and
COMMERCIAL
for
corporation
,
Code
The
company's
1949-1951
construction
program
is
estimated
$9,783,000, approximately $2,400,000 of which has been expended
the seven-months' period ended
July 31, 1949.—V. 170, p. 1498.
;
as
at
relieved
in
that
has
elected
to
FINANCIAL
be
under
taxed
CHRONICLE
the
Internal
New Jersey Zinc Co.
investment
company."
As
such, it will be
income tax on future security profits to the extent
Federal
profits
distributed
are
realized.
to
stockholders, in
the
.
in which
year
*
.
Assets of the corporation
mately as follows: common
cash in banks, U. S. Govt,
1949, were distributed^approxistock, 70.9%
preferred stocks, 6.3%; and
obligations and receivables, 22.8%.
Modglin Co., Inc., Los Angeles—New Product—
product
N.
development
lutionize
the
for
ment
Modglin,
company's
clusively
result
Permene,
is
expected
to
COMPARATIVE
revo¬
9 Mos. End.
>
Cash
Taxable div. in
fibers, y However,
street
made
floor
cleaning
street
and
sweepers
Directors'
to incorporate this new bristle
used
for
demonstration purposes.
plans
models
is
bristle
Permene
considerably
higher
and
r
Montreal Refrigerating &
announced
was
the
outstanding
this
cumulative first preferred
5%
will
company
stock
all
redeem
Nov.-15,
on
salaries
oper.
<
!
exps._
to
V '•
•
'
.
$289,910
$283,348
...
.
32,104
taxes——
Operating
.
estimated
26,832
24,375
Res.
1,200
-
1949,
Dividends
" 3,206
3,203
166,
569.
p.
'/
,
t
t
.
$259,359
162,000
162,000
—
Surplus
John
Mosler
Martin
and
S.
have
Coleman
Earnings
elected
been
directors,
$259,875
162,000
'Without
-
it
is
announced
also
has
the
of
the, business.
in
company.—V. 70,
-
Edwin H. Mosler, President.
John Mosler, who
Director of Sales, is the fourth generation
by
Coleman
Mr.
A
after
—V.
charges
169, p. 2644.
Period End. June 30—
Volume
sales—*
of
after
profit
99,717,073
7,254,248
taxes!:*
•;
*
-V.
$1.67
share—_
and 1193.
per
170,
$1.16
*
Period End.
oper.
ASSETS—Cash
Operating
expenses
$3,264,381
$4,445,324
2,150,303
2,416,818
3,169,226
190,031
254,606
244,676
198,739
344,105
52,112
97,203
—
*u.!.—
Operating
Income
185,709
*
151,146
—
136,647
'•
265,546
taxes
taxes
v
$3;214,180
*—
Depreciation
126,276
•
—
•
r
$33,816;
Operating
.
Other
'
f
**•
*
Gross
■«.:
Total
:'y
*
"'
•
(net).—*
"■
1
.
V*
$214,169
129,889
$393,199
127,153
172,859
$220,340
$88,461,
'Loss.
!
second quarter of
1949 reclassified
System's
"
170, p. 887.
'
;
for com¬
As
'
%!,>
This
•term
has
corporation
prepaid
two
banks
due in March and June,
been reduced to $1,263,000,—V.
have
170,
p.
t
National Aviation
long,
income
Prov.
for State
$185,015
The
12,290
franchise
and other
(except Fed.
taxes
oh
inc.)
1,984
2,215
A
2,679
:'
ordinary
income—™!——
$202,856
$123,903
'43,437
156,956
111,619
66,971
their
474,897
Dividend paid in July-™!————
to
'•
sale
NOTE—No
provision
taxed
as
tribution
liability
of
is
all
COMPARATIVE
V 'ASSETS—
Cash
in
A
Vy,
.•/
EALANCE
SHEET
AA'''*r->>;A A-
banks
and
A
1949
hand™—™———_
$273,814
U. S. Govt, securities lat:cost)i—922,870
1,124,982
'Stocks
6,134,703
and
Investm't
75%
*
bonds
in
owned
portfolio
(at avge. cost)Research
Corp.—
Aviation
cost)*—
(at
6,042,862
50,000
charges to expense—!———*———:
brokers for securities sold™———
Deferred
95,561
967
from
Total
Accounts payable
Reserve
Due
for
and accruals
taxes
brokers
for
.
securities
purchased-
Capital stock
(par value $5 per
477,274.60 shares —-*!—
r
,
England
——
2,386,373
Earned
surplus since Jan.
of
stocks
and
bonds
in
$7,392,617
For
$7,569,342
of
of
SEC
($1
at
Sept.
30,
1949,
to
the
of
to
and
NOTE—Indicated
net
Is $15.83
asset value
This
per share.—V.
170, p.
6f
790.
given
is
and
1949 1
*
?
'
income
after
Earnings per
—V.-169,
A
charges
and taxes-!—*!____
share-—™
common
2645i-.';
p.
!
V!-
'
1
528,857
$0.11
$1.15
9 Months
Net profit
Federal
Ended Sept. 30—
before income
:
i
/
tax_—
1949
1948
,
A
—
1947
i:
$230,342
$13,799
87,530
5,030
$142,812
$8,769
$124,830
100,000 shares
$1.43
$0.09
of
program
bank
*•
share
per
'Includes
months'
in
$65,000
use
operations, of
1946.—V.
170,
National
Net
on
p.
and occupancy
1947,
t
in
1946
and
thereon
taxes
paid
1300:
Shares
Corp.—Earnings, Etc.—
-
.
A
have
applied
In
has
assets
computing
been
of
$9,011,861,
made
$25.03
per
-
or
-
'
1949.
these net asset
for
Federal
values,
income
tax
the
on
share,
reported
on
-
report states, no allowance
unrealized appreciation as
$1,135,683
Operating
848.
p.
'
' t
;
Hutzler; Drexe)
.'•■»'
f
"
1
'
.
i
1
Co.—Registrar—
,A
A
•
.
1
,
;
A
•
Honduras Rosario Mining
<
.
Co.—Earnings
1949—3 Mos.—1948
' '
'
1949—6 Mos.—1948
$166,668
$143,465
$334,802
$285,358'
$0.89
$0.78
$1.80
$1.54
share——
169,
Col—Definitive Bonds
2645!
p.
*
' '
;
..
I
keady—
bonds, series F, due July 1, 1981,
in exchange for
outstanding temporary bonds at the
Co., 16 Walk St., New York, N. Y.—V. 170; p. 1399; •
T
J..
A
f
r'.
•
'
,
.
the
SEQ
reinv-i
to
J.
paid
Machold,
President,
reported
Oct.
on
additional
an
*v
expects
•:
50,000
also
$1,500,000
that
the
on
further
loan
Nov,
on
substantial
Sales
of
electricity
kwh.,
1,
1
during
the
compared
first
wtih
1949.•
payments
before the year-end.
8,447,911,333
70,000
period
of
1948.
45,939,045
!
Sales of
therms,
cubic
nine
f
—:
Operating
Operation
80,000
temporary
or
off in
pay
At
Sept,
other
30,
t
taxes
revenues >™__
until
*
is
an
amounted
8,947,634,999 kwh. for the Simila/.
for the first nine months totaled
14
is
week
reported
ft.,
cu.
at
for
the
Corresponding
week
a
request
15,187,683
—
*
rev.!,
31,447
ACCOUNT
1949—12
Mos.—194?
136,274,31?
61,353,449
64,471,881'
8,430,229
8,634,041
11,369,149
12,293,285
11,100,201
11,696,339
6,841,320
10,276,143
8,832,435
15,161,711
14,461,217
19,785,120
18,995,012L
16,389,963
23,692,698
21,178,44?
Dr33,829
Br30,538
13,712
16,356,134
23,662,160
21,192,155
income-
18,271,068
Br59,550
income1'
t
18,211,518
as
deductions;!..
4,656,504
6,016,732
5,662,242
17,645,428
15,529^913
on
pfd.
2,157,015
2,876,020
2,876,02^)
10,087,896
14,769,408
12,653,893'
requirem'ts
on
"
pfd.»
stocks of Niagara HudPower
Corp.
1,818,019
1,818,019
2,424,025
2f, 424,025
9,579.980
8,269,877
12,345,383
$1.00
$0.86
$1.29
10,229,868
$1.0V
*
ago.—V.
9,711,616
4,111,223
12,244,911
ft
cu.
Balance
170,.
Earns,
share—
1399.
North American
Aviation, Inc.—Earnings—
-
Federal
income
1949—3 Mos.—1948
1949—9M0s;—1948
$36,098,403
$20,097,732
32,500,017 *19,265,986
Cost of sales & oth.
exps.
taxes—
1,416,000
$93,300,583 $39,607,065
84,735,539
327,000 '
37,533,880>
3,37G,00a
815,000;
'
Net
profit
$2,182,386
$504,746
'
$5,195,044
$1,258,185
NOTES—The
net profit of $2,182,386 in the third quarter of 1949v
the net" profit of $1,789,679 after taxes reported for the*
quarter of the, fiscal year.
.* Unfilled orders at June 30, 1949, were
$238,012,667, compared to
7,031,983
_
com.
p.
Period End. June 30—
Sales and other income
221,084
-
_
per
—V; 170,
13,569,180 -112:260,586 104,393,506.
11,331,943- 91,328,810
88,464,261'
964,117
oi
•
8,335,662
requirem'ts
Div:
production-
206,096 ;
"
-
11,397,999
"$•*.:• $ {
112,462,682 104,614,590
31,7)7
'
sales
-
! 2,157,015
1949—8 Mos.—1948
13,600,897
INCOME
•'*'
9,377,129
~
Telegraph Co.*-Earnings—
-
and
«
•
a
...
A 1949—Month—1949
•'-'....A'" •% -
therms;
13,555,014
to
below
year
46,503,041
47,959,607
'
133,254,000
10.37%
or
gas
with
43,594,815
8,586,766
_
income
Gross
Association reports electric output'
increase of
407,413 kwh., or 2.77%
kwh. for the corresponding week a
15,411,000
totaled
138,771,844
this
14,
the
on
102,716,377
——
Operating
Other
Income
Oct. '27
'.'.AA
1949
103,327,151
—
Other taxes
t.,.
persons
of
.Fed. & Canadian income^
?.
entirety the debt incurred
the outstanding note in¬
subsidiary companies
corporation!
made
'
months
1949—9 Mos.—1948
Depreciation?———,.
financing of construction
■' ♦■■■/•
be
•
Maintenance
900,000
The
will
-
$
40,000 '
—!v!—'
$1,000,000
-7,291,121,900 cubic feet,-compared yith 7,785,-
were
Period End. Sept. 30-
120,000
Co.__»!„*_!!*,.
natural
compared
CONSOLIDATED
50,000
—
that
20
the
on
corporation's bank loan on Sept, 29, 1949, thereby
reducing the outstanding loan to $15,000,000.
This loan, which was
originally $40,000,000 in 1945, has been reduced by $5,000,000 so far
fn
1949.
Under the bank loan
agreement, the- corporation is to pay1
120,000
Operating revenues—
15,156,236
Operating expenses
11,798,299
Operating taxes.
-1;
1,517,935
compared to
Net
operating
after
—V.
170,
;
income
charges
p.
1085.
New Haven
On
*
1,840.002
1,273,120- 11,220,160
746,341
6,104,574
1,201,054
-
•
.
.
*
•
...
.
second
8,897,262'
4,984,174'
-
!
.
(Conn.) Clock & Watch Co.—Files—
$266,430,319 at March 31, 1949, end of the preceding quarter.
During"
the third quarter of the fiscal
year, $7,385,350 of new business, was
obtained and shipments of
$35,803,002 were made.—V. 170, p. 109.
-
*
Oct.
13 a letter of notification was filed with the SEC for
6,600
phares -($1 par) common stock, to be sold by Lawrence J. RubfenstCin,
Roxbury, Mass., without underwriting.—V. 169, p. 2316.
'
New Process Co. of Warren,
directors
The
no
par
have
declared
value
common
This
compares
Oct.
21.
this
North American
stock,
a
Pa.—$1.25 Dividend—
dividend
payable
of
Nov.
to
per
share
holders
on
of
50c
the"
each;
share,
-
Nov.
compared
following
with
50c
each
1,
$2;
with
payments
paid
and
$11
Dec.
paid
were
on
27,
in
made:
May
1
and
May
1
and
Aug.
1,>
$6.50;
a
1947.—V.
*
total
170,
p.
of
Aug. 1,,
$9.50
per
109.-'
'
on Oct.
company's stock
Beaunit
Mills,
14
approved
as
a
proposal
a
substitute
Inc." V
for
the
for
sale
,
reclassification;
of
its
assets
•
The
proposal was made by a group of mindrity stockholders whobrought suit In Delaware to restrain the sale of North American,
Rayon's assscts. The plsn provides for dismissal of the suit.
*. Under the plan of reclassification, the class A and class B common
Had
record
■
1948, 'the
the
to
1
>
$1.25
1
Rayon Corp.—To Reclassify Stock—
I The directors
r
year.
In
•
available
800,000
—
31—
oper.
$5.01
!
-(Including Wholly-Owned. Subsidiary)
per
Earle
was
loan
•;
revenues
$1,299,431
$4.38
—_
'
Niagara Hudson Power Corp.—Bank Loan Reduced—
•
•
of
on
Sept. 30,
1949, amounted to $9,917,706, based on
quotations on that dace and after deducting the dividend of 15
share payable Oct. 15, 1949.
This is equivalent to $27.54
per share on 360,000 shares of outstanding capital stock and compares
net
"l
t;
.
?
AA A :
to
t
Power
certain
•'*
Oct.
of
■
•
$2,195,931
896,506
awarded
' "
.
v...
now
120,000
Co,-!!—!—**—*
New England Telephone &
assets
June 30,
are
comi
,
per
with
-
Bankers Trust
$50,000
——
Co.—!———————:
14,724,499
ft.
cu.
1948
804,300
Definitive refunding mortgage 3%
*
market
cents
was
«
121,
may
the
'$161,499
insurance applicable to first six
collected
t
borrowings, in the amounts
Co._—
This
the
Period End. Aug.
Net
income
.Net
Earns,
taxes—2—
share—„_!——!
New York Telephone
terms.
$1.25
tax—
,
number
company
Co.!—
Gas
Oct.
of
for
*
1949
$1,939,983
taxes—
'After all charges, Including Federal income taxes.—V.
;
-
•
36,670
—
income
"
Uncollectible
A A'^■
Co.—Earnings—
,
System
:
51,627
National Oats Co., East St. Louis, 111.- -Earnings
-
1948
$9,514,087
$7,368,686
Net
of
offered
such
the
as
•—
interested
ended
decrease
14,665,000
:.*V.r
•
,%
^
Earnings
./
a
1948.T—
;
Period End. June 30—
'Net profit
for each
underwriting
as
1499.
p.
production
1499.
p,
National Enameling & Stamping Co. —Earnings—
*>Six Months Ended June 30—
for
;!
sale
share
Co.—_!——_!!_
Electric
reduce
and
kwh.
ago.
in
-
•
new
shares
33,475)
construction
the
considered
'
week
period
Guaranty Trust Co. of New York has been appointed
registrar;
190.125 shares,of 5,6% cumulative preferred stock, par $23 each.
—V
registrar
stock is to be
one
well
as
pf
•
the
Light «fc
are
these
170,
Gas1 output
4
same
to
\
A
*
;
1948
in
issuance
The
par),
unsubscribed
excess
expenditures.
has
1
The
permanent financing. The parent is now under"
financing and is expected to provide the several com¬
15,131,912
year
the
New York & Cuba Mail
Steamship
New England Gas & Electric Association—Output—
,
1,273,677
portfolio
$5,735,242 and at Sept. 30, 1948, $5,578,645.
'
■
:
A,A
in
669
placed
was
the
proposes
Electric Co.
Power
$12,288,000.
above
value
1
Div.
4,139,369
1,093,719
-
'Market
from
'
County Electric Co
funds
hearing.—V.
Z)r243,127 " Dr243,127
1, 1938—!-—*-—-!
Total
-
with
are
1949-were
Oct". 18 on a bid of 99.053, a net interest cost
of
2.112%, Other bids received at the sale for
2V8%
coupon
were;
Halsey Stuart & Co. Inc., 99.6813; Harriman Ripley & Co. and Lehman,
Brothers (Jointly),
99.326; Lee Higginson Corp., 99.511.
Harris/Hall,
& Coy (Inc.) bid 99.726 for a
2V*%, coupon.—V. 170, p. 1399.
.,
2.386,373
4,139,369
-
(at cost)—!_"_-!!!—
treasury
&
Electric
construction
The
6,000
in
of
1300,
New York &
proposal
additional
Berkshire
borrowings
f'Sales"
Corp.; and Stroud & Co., Ine.
4
.'•!'■ :
„—™_—$3,150,000
equity
1,888
-A
9,487
issued
Paid-in suTplus"_—_!_——™__——
30,800 shares in
,2,362
•
,
_l—_
share),
after
per
p.
gas
The
to
$2.13
months
six
feet,
debtedness
.$5,162
$4,435
.
income
535,200
Total
for
■
with
first
-
manufactured
panies
$7,569,342
A'A AAA "A** A A"'
the
for
Federal income
expenditures pending
$7,392,617
A•*;i:~vAA A*
LIAEILITIES—
operating expenses.
*
200,000
taking
;
compared
250,000
.
»
other
share
per
for estimated
The issue
;
—1949-^40 Wks;—1948—
decreased
Weymouth Light & Power Co
/
and
"from *1.10 to 2.45%
by Salomon Bros, and
& Co.; Union; Securities
!
.
'
Suburban
Worcester
'23,658
•V '1,265
.—*
$0.24
new issue of
$3,450,000 2% equipment
certificates, dated Oct. 15, 1949, and maturing $115,000 each April 15 and Oct. 15 from
April 15, 1950 to Oct.
15, '1964, issued under the Philadelphia plan, is being
offered, subject to approval of the ICC, at prices to yield
■>
•
r
to make
Wachusett
50,000
AA 6,543
interest
'
pay for October construction expenditures and
treasuries for prior construction expenditures;
•
V
-
receivable—!!™———
Dividends and
Due
in
Nat'l
$0.58
'
trust
and
%
activities.
applied
Quincy Electric
$234,734
on
In
subsidiaries
Northern
1948
$1.08
,
-■
300,000
New
'
$1.20
.
.
$463,454
on
Issue Offered—A
$4,500,000;
capital
profit and loss on
profits, £r$2,097,764;
security
Northampton Electric Lighting Co
30; \
$1,143,54*
•
250,000
taxes.
Worcester
!.>!-'
SEPT,
$2,113,192
t
<
-
—™
Lawrence Gas & Electric
Co.——
Lowell Electric Light Corp,™
Maiden & Melrose Gas Light Co.!——————
investment
such income.
on
from
shares
Gas & Electric
Gloucester Electric Co
the
regulated
a
avail.
share
2212.
170,
'v
NEES
Beverly
required for Federal income
tax on net
corporation-has qualified and elected - to be
company and has provided for dis*
ordinary income, thereby Incurring no Federal tax
jordinary'Income,-as
'
.
System—Registers Stock—
acquire
Attleboro Steam
55,804
'
$2,351,187
i
'
be
for. authorization
specified,
$39,976
of securities!.™
■
Net*loss from
taxes,
'
(not
stabilization
will
following
burse
Net
in
will
shares
250,000
New York Chicago & St. Louis RR.—Equipment Trust
A
.1
'
,
interest
$16,804;
dividend
$7,400; capital stock
Seek $3,150,000 Additional Bank
Borrowings—
The
*
"
taxes
underwriters
additional
40,284
12,813
' $271,542
——
*
•
and
...'j!
pany's subsidiaries,
$94,765
46,316
13,016
expense
Corporate expense1
paid
operation
common
-
' 52,992 '
„1
,4!!*!*!*---'
L
*
Management
"
shares),
$940,141; less
financing
reported,
250,000
1948,
receivable
360,000
with the SEC.
previously
1,272,070
250,000
shares—
income
r-V.
purchased,
for
reserve
subscription by stockholders at the rate of
Proceeds
1947
1948
stock
$1,393,543
income
Net
owned
cost), $8,207,368; furniture
1949.—V. 170, p. 1193.
common
14
purchase
A•''''1949
(at
offering; price of unsubscribed shares,
j
Corp.—Earnings—
'*
securities
Of
30, 1949
1949—4 Wks.—1948—
in
$2,363,192
and
waS
1
y
r '
Competitive bidding w|ll determine the subscription price and public
of
V 9 Months Ended Sept. 30—
State
31,
dividends
income,
dividends
stores
ten shares held.
Notes payable"1 Uk
1398.
;
v
'
1950.
.
its
of
instalments
$157,000
borrowings
Dec.
"
669,508 additional
V
Airlines, Inc.—Reduces Bank Loans—
value
SEPT.
securities
New England Electric
■
for
National
for
t
662 at Oct. 8,
'tion Oct.
NOTE—Periods prior to
parative purposes.—V.
r
at
*
of
inc.
$1.65
p.
Reserve
on
securities-sold
on*
,•
number
$3,873,257
.Nine Months Ended Sept. 30—
Net
-$20,990,894 $21,017,537 $206,846,292 $205,085,666
The
*$24,395
v.,
$1,616
loss
>.
(computed
•
for
$54,000;
Period End. Oct. 8
168,821
A
$206,690
be
.
this unrealized appreciation.—V. 169, p. 596!
on
/
386,411
$769,889
$1,007,132
$883,434; at
increase during nine months of $666,604.
owned
surplus
462,307
New York Air Brake.
,
$144,426
,*
securities
deducting
follows:
(outstanding
and
Sales
$215,614
$336,579
value
sold
V
•
income——_
1949,
$1,900,885
299,088
deducting costs, taxes (except income taxes in 1949 and 1948),
to
169,
pro¬
to
National Tea Co.—Current Sales
Slightly Off—
-
$142,502
$391,375
1,824
1,445
1,379
>,
deducts.—
15,
par
Income tax
16,697
v '
•
income—:
income
Net.
$335,200
income-
income
f
*
•
elected
'.(%■■
,
total, $8,445,871.
Oct.
$5,025,291;
'
■■
tNo
value of securities owned based on market quotations on
30, 1949, after deducting an amount of $17,284 for State and
municipal taxes on unrealized appreciation, was $9,757,406 which was
$1,550,038 more than cost*
No deduction has been made for Federal
259,436
'
has
V.
Sept.
180,630
327,963
4
transactions.
*
and
$204,686;
securities
$3,574,169
$.7J
Net
an
banks;
'
■
56,435
.NOTE—Earnings
equal
$92,900
360,000
$0.72
corporation
appreciation-"in
as
V
269,214
(est.)
per
after these
■*.■! NOTE—The
$4,255",602
3,328,374
:
after
profit
was
LIABILITIES—Payable
total, $8,445,871.
■
'*
in
without
1949—12 Mos.—1948
1949—9 Mos.—1943
Sept. 30—
revenues-!-
Maintenance
Earnings—
security
the
as
BALANCE SHEET,
;
securities
Total
cost
surplus,
A'. Nassau & Suffolk Lighting Co,
of
profit from sales of
costs)
unrealized
with
fixtures, $1;
$3.56
$4.66
,
A
payable
1299
pp.
V
!
'
Earnings
net
average
Aggregate
accrued,
$
...
of
Sept, 30, 1949, $1,550,038,
i
S
89,175,353 280,238,699 232,711,670
5,053.704
20,250,063
15,446,528
$
(1)—Realized
compared
V
1949—9 Mos.—1948
1949—3 Mos.—1948
•.?.
(2)
*320,350
Corp.—Earnings, etc.—
A
made
$0.72
regulated investment trust.
basis
as
-A.'AA'''A"
.
Nash-Kelvinator
'Net
1948
174,214
taxes
388,029
93,000
$500,675
_______
dividends
162,000
360,000
$0.70
municipal taxes, carried "to
$167,657 in the 1949 period.
AAy'A
.
,>
•—-•
——
the
•
Federal
a
NOTE
*
1949
as
472,604
94,581'
depreciation and depletion
.
$9,414,158 " $9,580,205
—
—
loss
Net
/■,'
for
'After
$254,900
$97,875
360,000
share—
giving effect to results
tor
.taxed
the
A:'.'
(& Subs.)—Earnings— V
Six Months Ended June 30—
Sales
Controller ,of
is
840.
p.
Munsingwear, Inc.
A
vision
appointed
been
family
$97,359
360,000
(no par)—
per
554,814
—
contingencies_
Earnings
!
t
$91,406
Shs. cap. stk.
(The) Mosler Safe Co.—New Directors—
\
for
1,960,000
t
$253,406
declared
$1,490,642
569,393
'
;
——
taxes
Operating
2,873
-
tion.—V.
68,526|
$2,466,489
...
income
income
Total
.
Income
Fed.
income—
71,511
*
2,961
■
*
1946
$1,350,605
$4,128,983
$1,070,068
expenses
losses
income
*
y income taxes——
'Net
admin,
Other
.
30,402
—-
other
for
&
Amer.
Cross
and
of
plus accrued dividends from Jan. 1 to date of redemp¬
at $50 per share,
9,262
,.
Storage, Ltd.—Calls Stock-
that
19
Oct.
on
11,344
,
Prov. for State franchise
;.
Prv.
it
other
Red
,
3,746
12,555
$292,967
-
205,925
$270,340
1,053
17,707
1947
$2,235,010
(110,023
(121,456
operating profit
Non-recurring
$277,513
1948
113,861
Retroactive wage adjust.
1946
$280,412
$288,472
fees,
Gen.
1947
sec..
..
13
Subs.)—Earnings—
$3,923,058
by-products—{
Total
.
STATEMENT
1948
$270,765
bonds—
Contributions
than stand¬
the long-life potential of this advanced filament
initial price costs.—V. 164, p. 3146.
overshadows
on
INCOME
1949
Total income
of
already
of
cost
Interest
•
■
Sept. 30—
dfvidends
of
(&
1949
$956,207
Misc. other oper. income
j
,
new
rotary-type power street cleaning equip¬
Federal governments.
It is the Perthree
years
of
experimental work by
the
of
their
in
initial
greatly
which
production
outstanding
an
and
manufacturers
equipment, have
ard
announced
Industrial
Filament
Division.
Permene
bristle
is
ex¬
engineered
for
bristling
operations
in
all
rotary
street
Various
The
has
of
State
equipment.
cleaning
in
now
operation
municipal,
bristle,
mene
President,
Sept. 30,
on
3 Mos. End. June 30—,
'Sales
!
Sales
t
William
(1601)
Revenue
"regulated
a
of
such
&
stock
share
par.
of
North
basis
The
American
into
class
North
C
and
would
Rayon
American
class
D
$3
be
changed on a thare-forpreferred stock, $59
almost all of which
cumulative
common
stock,
COMMERCIAL &
THE
(1602)
14
Monday, October 24; 1949
FINANCIAL CHRONICLE
of
'
fi<The
will
plan
held
be
to
stock without classi-
Beaunit Mills, would become common
held by
is
submitted
be
meeting
stockholders at a special
to
;
Dec. 9.
suit was
on
Beaunit
and
Oppcnheim, Collins & Co.,
Milis
Beaunit
the
Under
have tne
Philadelphia corporation of
Co. and General Manager of the Philadelphia
town branch.—V. 170, p. 1399.
represent
170,
Of¬
Trust Certificates
Ry.—Equip.
were
was
Hutzler,
Proceeds
„
;
,
,
To
isation
bidding.
A
'
■//.A 'A
;:.///'•
output
this
of
totaled 64,021,000
kwh.,
1.7%.—V. 170, p. 1499.
Operating
revenues
Operating
Net
Net
taxes
_
operating
after
—V.
$1,066,630
income
$986,630
$7,526,562
$6,514,567
888,996
856,356
6,123,403
5,679,852
charges^
170,
•
:
1085.
p.
Oceanic Oil
1949
1948
■"
Net
$343,469
$204,539
.
_________
__
rentals
and
1.
___
2,261
$206,248
Provision
for
Federal
.
$297,644
i
119,578
5,430
'
drilling costs____
for possible loss on
Reserve
*-V.
$295,383
sundry
Intangible
Net
108,751
income
Total
Lease
profit_„_„__.
$404,134
138,930
1,709
operating
abandonmentstax
income
feet of 30-inch pipe laid in parallel rows
2,025
18,516
____
27,238
$93,704
$148,803
2646.
Offden Corp.—Earnings—
Six Months Ended June 30—
'
__________
income
income
•Exclusive of
ties
the
on
period),
Bank
June
loans
30,
$62,317
$57,304
117,109
95,284
13,000
$311,172
_________—
*
:_____
t$54,792
$0.09
Nil
■
security profits and losses
basis of average cost
tNet
1947
taxes/;
___
shares—/
per
1948
132,687
income
expenses
1949
$456,859
Total
Total
Earnings
commenced
the
in
final
amounted
(net realized loss
*
t$37,981
»
on
to $711,603 during
-
;
Nil
securi¬
the 1949
loss.
were
1949.—V.
further
170,
p.
reduced
from
985.
$2,000,000
to
$1,500,000
on
....
Period End. Aug. 31—
Operating revenues
5,828
7,963
40,666
40,666
40,667
bonds
mortgage
surplus
building
accounts
SHEET
AS
AT
$260;
AUG.
-(book
and ^equipment
receivable,
$3,01f
$7,454
$9,455
BALANCE
17,561
31,
1949
$1,159,109;
value),
investments
(cost),
$10,819;
charges, $818; total, $1,215,205.
$1,215,205.—VA 168,
total,
1802.
p.
-
'
-
V
-
-•
Sales
as
'
of Van
Manager
deck
and
.
recently was purchased
and
Is
being operated
by the Penn-Ohio Steel Corp.,
as
a
Birdsboro,
Pa.
See V.
170,
will until 11
40-year guaranteed
(subsidiary of
a.m.
that
company.
1301.
p.
Pennsylvania Co.—To Receive Tenders—
~
•
The
Girard
Trust
Philadelphia;
trustee,
Co.,
(EST)
.
Pa.,
on
Oct. 31, 1949, receive tenders of
gold
certificates, series "E," due 1952, for sale and delivery as of
1, 1949, at a price not exceeding par and interest, to the extent
$100,000, the sum now payable to the sinking fund.—V. 169, p. 537.
.trust
-
Nov.
of
A Pennsylvania
v/
stages of planning
Electric Co.—Hearing
on
Financing—
scheduled
a hearing for Oct.
24 upon the bond and
proposal of company, (subsidiary of Gen¬
eral Public Utilities Corp.).
'.y-'-.-As previously reported, Penelec proposes to Issue and sell,
at com¬
petitive bidding, $11,000,000 of first mortgage bonds, Series due 1979,
and 70,000 shares of cumulative preferred stock, Series B. It also has
requested SEC authorization to solicit the consent of the holders of
outstanding preferred
to
an
increase in
the authorized preierred
stock ($100 par)
from 216,000 shares to 240,000 shares.
The new
shares
will be Identical
with the presently outstanding cumulative
preferred stock, 4.40% series B and 3.70% series C ($100 par), except,
with respect to the dividend, rate and redemption price thereof.
A Proceeds of the financing would be applied to the retirement of
Indebtedness and construction expenditures.-
,
has
SEC
The
-
stock
preferred
varying in length
A
underground
financing
•
To Expand
a'V-.v ''/f/
Plant—
A- This company announced on Oct. 19 that
to its Front Street power station at Erie, Pa.,
Present
capacity
1400.
p.
'the station will be
of
a a-/
v
a
it will build an addition
at a cost of $12,500,000.
than doubled.—V. 170,
more
T- A.-. A/A:' aVa'v ' ^
'
■'.;
Pennsylvania Power & Light Co.^Rates Increased—
The
»
company
Oct.
24.
the
increase
to
The
will
increase
Utility Commission on Oct. 18 authorized
its rates an average of 4.4%
effective
add an estimated $2,126,000 annually to
company,
which has about 500.000 customers
counties. Cities involved include WilliamsHarrisburg, Bethlehem and Allentown.
said the full amount of the proposed increase
allowed because evidence showed it would not give the company
excessive return on its investment.—V.
170, p. 1195.
of
revenues
25
in
Public
Pennsylvania
this
eastern
the
Pennsylvania
port, ) Wilkes-Bar re,
A The Commission
V
communities.
Johnson
manufacturers of the "Van Auken" line of automobile
guards, was announced on Oct. 18 .by Joseph B.
Mr. Johnson was formerly Sales Manage*
of Cello Products Co. of East Boston, Mass..
A
r,
Van Auken, Inc., with plants at Detroit and Mount Clemens, Mich.,
Hills, Yolo County, to a system of pipelines
Davis and Sacramento.- Cost, $254,000.
" >.
station at Hollister * to increase the pressure and
deliverability of the 12-inch line serving Salinas, Monterey and other
communities in the vicinity.
Cost, $300,000.
was
an
Peoples Gas Light & Coke Co.—Bank Loan Agreement
Extended—
/
A A An amendment
dated
ment
Sept.
V.
Dunnigan
170,
a /a
,
Sept.
1948,
13,
things
other
among
a
dated
for
interim advances may be
■
av':'V'
26 to the company's bank loan agree¬
covering a $10,000,000 credit, provides
an * extension
of the time in which the
availed of by the company to Dec. 14, 1950.—
J
791.
p.
A Pel ma Starch, Inc.,
compressor
to supplement the main that
Cost, $170,000.
new
Durham gas field, in
Butte County, to connect with the Marvsville-Chico pipeline and also
with the line from the nearby Ord Bend field.
Cost of $130,000.
Additions and
improvements at Eureka costing $360,000.—V*"170,
10-inch
of
miles
six
Nearly
pipeline
A
;
•"
a
"' •"'
Pacific Telephone & Telegraph Co.—Earnings—
"Initial
the company
Perma Starch are now being made," he said,
10 foreign countries, just six months after intro¬
of
shipments
in
"to, distributors
i
p. 1399.
Illiopolis, 111.—Export Program—
/ Perry V. Eakin, President, on Oct. 13 announced that
has completed arrangements for exporting its
product.
:
supplies the San Jose-Los Gatos region.
Six
miles
of
6-inch
main
from
the
Ohio Associated Telephone Co.—Earnings—
85,160
20,004
5,579
Woodland,
serving
A
in
1947
$154,365
92,666
Montgomery, Jr., President.
other cities in that region.
Cost $670,000.
A Dual gas collection lines on the east side of the Rio Vista field
to assure higher pressure in the mains supplying Sacramento, Stock¬
ton, Modesto and neighboring cities.
Cost, $268,000.
Twelve and a half miles of 6-inch main to deliver natural gas from
field
31
1948
$166,617
22,296
appointment of Richard G.
grille
In many more areas the company is working on or has definite
plans for important new facilities. The list Includes:
." •ASeventeen and one-half miles of 12-inch main from Davis to North
Sacramento
to
increase
deliveries
to
the
lines
serving
Roseville,
new
AUG.
ENDED
Auken, Inc.,
has commenced on twa pipelines to increase the
supply of gas in the North Bay territory. One, costing $636,000, will
be about 12 miles of 16-inch main paralleling a section of an existing
line running from the Rio Vista gas field to Napa and thence to other
North Bay
points.
This will make possible additional deliveries of
500,000 cubic
feet per
hour.
The other, costing $220,000, will; be
nearly six miles of 12-Inch main from Petaluna to Stoney Point, where
it will connect with existing lines.
It will improve service in Santa
a
YEARS
Penn-Ohio Steel Corp*—New Appointment—
work
other
last, ZVifr
1,
(3%), $180,821; 20-year general mort¬
accrued taxes, $4,239; accounts payable,
The
storage project, at Sacramento,
and
$44,199;
$41,427;
cubic feet;
Rosa
On May
gold bonds, $903,700;
accrued expenses, $7,214; accrued interest on general mort¬
bonds, $18,074; tenants' deposits, $1,875; income interest reserve,
$3,665; capital stock—9,202 shares of no par value, $52,556; surplus,
are a $1,296,000 unwith a capacity of 6,000,000
one at Modesto, to cost $815,000, and another at Yuba City,
to cost $768,000.
'
*
: •
.
..
Almost finished is a $3,000,000 pipeline project to take care of grow¬
ing demands for gas in the East Bay metropolitan area. It is a third
high-pressure transmission main into Oakland, which will nearly double
the pipeline capacity into the region.
This line is in two sections—
19 miles of 30-inch pipe from the gas control station at Irvington to
San Leandro and ten miles of 24-inch pipe from there to the gas holder
and compressor plant in East Oakland and thence to the gas plant in
and
general
detached
$1,633;
project that will cost $1,550,000.
Authorized
derground
to
Marysville and
169, p.
•Net
storage
has
work
FOR
gage
The cost is $1,605,000.
on a 7,000,000 cu. ft.
1,054 feet.
be
gage
Preparations are being made to build in San Rafael an underground
a capacity of 6,000,000 cubic feet.
It will consist
Fresno
the
on
should
LIABILITIES—First mortgage
storage project with
37,800
declared
1949,
for payment.
Y.,
;
ASSETS—Land,
cash,
$5,450,000.
at approximately
1,
the Chemical Bank & Trust Co.,
mortgage-
CONDENSED
deferred
,
67,098
21.500
profit
Federal
(
of another stor¬
holder of similar capacity—17.000,000 cubic feet—in San Francisco.
estimated
to
.
YvA'AAA
capacity will be 17,000,000 cubic feet.
v
Preliminary work is under way on the construction
(
$27,163,208.—
.,,
'
•„ :/■
were
97,648
taxes.
Estate
Net credited
'
Mexico gas will
Its
N.
been
Nov.
expenses
general
at $54,200,000 and compressor plants and
that deliveries of Texas-New
Current assets one
liabilities
A,*,.
$175,644
on
natural gas. Its
other sup¬
of
S.
$33,150,232.
having
dated
ACCOUNT
first
,
Preliminary
6 Months Ended June 30—
Sundry
for transmission
U.
were
manner
York,
New
INCOME
-
•
Oakland.
Co.—Earnings—
Operating income (from oil interests)
Operating expenses
compared
paid.
on
.
At
$8,148,943 $68,814,105 $61,982,247
6,140,043
52,711,959
48,054,244
1,022,270
8,575,584
7,413,436
$8,993,829
6,774,873
1,152,326
__
Operating expenses
compared
1949,
$77,300,445, including cash
and Canadian Government
were
current
2%
of
coupons
Interest
begin on Jan. 1, 1951.
, .
'
'
"
■
A $5,000,000 project in Richmond Contra Costa County,
is rapidly
nearing completion. This consists of a gas storage holder and mains
to connect it with the distribution networks In that city and Berkeley.
The holder Is a steel structure 254 feet in diameter and 385 feet tall.
of
1940—Month—1948
1949—8 Mos.—1948 A.
$9,016,279
$3,170,019 $68,971,315 $62,136,563
22,450 21,076
157,210
154,316
Period End. Aug. 31—
revenues Uncollectible oper. rev._
world
in
and
in the usual
Broadway,
Real
of war¬
the
$12,573,623
payment
bonds,
Operating
expendi¬
provides
Inch"
"Super
from 620 to
Operating
units,
50,005
1949
plemental installations will raise the investment to $63,000,000.
Work began on June 29 on an 80-mile section of the pipeline—from
Llanada, in the Panoche Hills south of Hollister, to Milpitas—and about
30 miles of this link have been completed.
The schedule for the entire
Co.—Earnings—
Bell Telephone
Northwestern
launched immediately after the removal
1949,
30,
Income
;
\
■
.
June
$65,595,900
interest
*
A
Northern and Central Cali¬
greatest gas construction pro¬
part of Its record-breaking postwar expansion,
building, now totals almost $120,000,000 in
in
pipeline
estimated
is
Its cost is
for the week ended Oct. 14, 1949,
compared with 62,958,000 kwh. for the cor¬
responding week last year, an increase of
165
on the
'
program,
gas
diameter
cost
company
as
totaled
1949
1400.
and presented
County, where the line will feed into the company's vast network.
The 506-mile "Super Inch" will be 34 inches in diameter—the largest
age
Weekly Output Increased 1.7%—
Electric
half of
and in¬
taxes
Park Place-Dodge Corp., N. Y.—Interest Payment—
A
in its history, as
of
as
Co.—To Spend $120,000,000 for
■
acHmv relate^
•"y-
,A
-170, p.
An
and appropriations.
Outlays from V-J Day to the end of 1948
approximately $43,000,000 and projects begun or authorized this year
will cost about $75,000,000,
A
■
'
;
'■'
;A A,
The program includes many hundreds of miles of new transmission
and distribution
pipelines, storage holders,'-compressor stations and
other facilities.
' '
Outstanding on the long list of Jobs is the "Super Inch" steel pipe¬
line—506 miles of a 1,600-mile system that 'Will bring huge quantities
of natural gas from fields in Texas and New Mexico to the company's
customers.
This 1,600-mile system is a Joint project of this company
and the El Paso Natural. Gas Co.
El Paso's section runs from the gas
fields to the California-Arizona border at Topock, near Needles, and
the P. G.
and E. will build from Topock to Milpitas, Santa Clara
Additional Investment in Subsidiary—
' ,
The company and its subsidiary, Northern States Power Co. (Wis),
haver applied to the SEC for an order authorizing an additional com¬
mon stock investment by the parent in the subsidiary.
Under the proposal, the Minnesota company would acquire 15,000
additional shares of the Wisconsin company common stock at its par
value of $100 per share.
Proceeds'Would be used by the Wisconsin
company for construction purposes. v Xll of the Wisconsin's company's
presently outstanding" common stock 4s held by the Minnesota company.
The SEC has given interested persons
until Oct. 28 to request a
hearing,
first
and
were
mortgage
tures
only' to the request for exemp¬
Action on the application for author¬
make the stock ouering is expected in due course.-
to
V.
and more natural gas for
time restrictions on
,
Commission's
the
and current liabilities
ago
was
announced.
This
\
bidding.
-The
6,213,805
$0.41
of $2,939,000 for estimated income
net earnings for second quarter.
$26,043,246
year
directs
more
assure
is
it
quested by company with respect to its proposed
from
1,357,918 to 1,504,238 aouitiorial shares of
tion from competitive
of
securities,
in cash.
fornia, the company is carrying
exemption from competitive
the
S
•4,798,631
$0.32
shs. outstag.
15,000,000 com.
on
assets
Current
Gas Facilities—
bidding re¬
issue and sale of
its common stock
(no part.
A.
"A'A./'
The Commission stated that It could not find, upon the basis of the
company's showing in support of the exemption, that competitive
bidding "is not appropriate to aid the Commission in determining
whether
the
fees, commissions, or other remuneration to be
paid
dimitly or indirectly in connection with the issue, sale or distribution
o§ such securities arc reasonable, and whether any term or condition
of such issue or sale is detrimental to the public interest or to the
interest of investors or consumers." In other words, the Commission
was
not
Satisfied
that
the
company's showing of special circum¬
stances
was
sufficient
to warrant an exemption from
competitive
denied
has
SEC
The
1948
112,812,548
in the corresponding period of last year.
Working capital was up to $44,150,213 at June 30,
with $38,432,692 one year ago.
a
Pacific Gas & Electric
(Minn.)—Exemption From
Competitive Bidding Denied—
1949
111.244.375
provision
Shipment®- In
stock will be suspended from dealings on the
Exchange on Oct. 31, 1949.
an
amendment
to
the certificate of incorporation
Exchange
gram
Northern States Power Co.
Co.—Earnings—
charges and income taxes
Interest
1399.
switching locomotives.—V. 170, p.
of Id oiesci-eiectric
consisting
Salomon Bros. &
Kidder, Peabody
will be used to provide for
estimated to cost $5,005,100,
sale of certificates
railroad equipment,
the
from
standard-gauge
new
Brothers (jointly), 99.538;
Hall & Co. (Inc.), 99.3679;
and Lehman
99.39; Harris,
Inc.
at
payment
The
awarded on a bid of 39.055, a net interest cost of
2.25%,
Five bids for the certificates as 2s/4S were received at the
gale.
These were: Lee Higginson Corp., 99.608; Harriman Ripley &
Co.,
sh.
per
•After
cludes $887,598
attention to the fact that Exchange con¬
tracts in 6 %
preferred stock made for settlement after Oct. 31, 1949,
will not afford purchasers the opportunity of exchanging such stock
for the new preferred stock.
Therefore, on Oct. 27, 28 and 29, 1949,
transactions made for the purpose of tendering stock for exchange
for new preferred stock shall be for '"cash."—V. 170, p. 1399.
E. Pol¬
Hutchinson & Co.; and Wm.
Earns,
Oppenheim, Collins &
store and its German-
preferred
6%
by
lock & Co. Inc.
issue
169, p. 2423.
___
Net income after
special meeting of the stockholders on Sept. 21, 1949,
stock, of $100 par value, will be retired at the
close
of business on
Oct. 31,
1949.
At the option of the holder,
certificates presented on or before that date may be (a)
converted
into shares of new $4 preferred stock, of $62.50 par value, at the
rate of 1.6 shares of new preferred stock for one share of
old pre¬
ferred stock
(cash to be paid at the rate of $10.3125 for each l/10th
share in lieu of fractional shares), or (b) retired by the payment in
cash of $165 per share,
plus unpaid dividends accrued to Oct. 31,
1949.
Certificates presented after Oct. 31, 1949, will be retired only
Issued under the Philadelphia plan, the
reoffered, subject to authorization by
the ICC, at prices to yield from 1.20% to 2.525%, accord¬
ing to maturity. Other members of the offering group
were
Otis & Co.; L. F. Rothschild & Co.; The Illinois
The
to
Pursuant
the
1964, inclusive.
Company; McMaster
Stock
York
approved
headed by Halsey, Stuart & Co. Inc. won
the award Oct. 14 of $3,975,000 2V4% serial equipment
trust certificates, due $265,000 annually Nov. 1, 1950 to
fered—A group
certificates
benefit
Malayan
1948, and partly
of
$
Sales
preferred
6%
The
Pacific
the
secure
insufficient
6 Months Ended June 30—
Retire 6% Preferred Stock—
Otis Elevator Co.—To
New
Northern
to
because
with 46,107
suit.
1300.
p.
the
of
President
sug¬
wig-
elect three new members to the board. The directors
gested by the minority group are Hanns Ditisheim, Charles B.
gin and Lester A. Martin. Mr. Ditisheim and Mr. Wiggin
Dutch voters of approximately 25% of the common stocky Mr. ■M
is the leader of the minority group that brought the Delaware
to
—V.
quarter
partly
the second quarter
for
working costs.—V.
Increased
of
price,
accrued
first
the
from
tin
the
in
were
Packard Motor Car
Inc.—New President, Etc.—
previously
Executive
Vice-President and *
Treasurer,
has been elected President, succeeding Philip N. Cohan.
Albert M. Greenfield has been reelected Chairman of the board; Lester
Hane has been
elected Treasurer and reelected Vice-President; and
Wallen J. Haenlein was reelected Secretary.
Mr. Cohan was elected
f*0^'
North American's
preferred stock will
about 60% of
proposal, the new
owns
new
taxes
because
Greenfield,
K.
Gordon
par
C
right
increase
-
had
no
forward
carried
an
income
'
'
filed, the directors of Beaunit and of North
approved a plan for the exchange of two shares of
cumulative convertible preferred, at a $125 dividend
redeemable at $25 a share, for each share of North American
the
Before
American
tin
of
Service Co.—Cities Service Co: proposes
2,000,000 common shares. See Cities Service Co.
above.—V. 169, p. 2317.
Ohio Public
sale of
product in all major domestic markets." A
is the original synthetic starch, one application of
which is sufficient to keep clothes starched for eight to 15 washings.
of
duction
It
■
is
export.
>
A ;
the
Starch
Perma
being
packed in concentrated form in 50-gallon barrels for
distributors dilute the starch to the proper solution
it in consumer-size bottles of local manufacture.
Foreign
and package
-
Uncollectible
oper.
1949—Month—1948
$302,711;
"832
rev._
,
1949—8 Mos.—1948
$278,095 ' $2,375,734
751
6,570
$2,092 538
5,738
•
Operating
Operating
'
Net
Net
—V.
taxes
operating
after
170,
$277,344
$2,369,164
1,814,814
28,167
28,668
278,066
1,711,389
205,133
income
$25,821
$27,123
$276,284
15,940
179,960
Operating
Operating
83,114
—V.
Operating
rev._
32,028
.
,
$8,897,540 $76,918,874 $68,984 317
1 6,793
220 287
17l'l24
$10.057 314
$8,880,747 $76,698,587
Operating expenses
7,070.624
6,606,575
$68,813,193
55,581,130
51483 857
operating
1,502,650
1,185,290
10,960,623
—
taxes
Net! operating income
Net after charges
—V.
170,
p.
taxes
32,703,703
25.205,824
__
____
3.948,982;
3,350,858 ] 26,845,434
3.548,897
3,271,352
2,447,217
;■
____
$1,484,040
1,469,222
1499,
$1,088,882 $10,156,834
1,101,856
V.
29,383,235 247,483,256 224,082,523
22,761,025 196.299,240 179.640,417
_
2,553,613
1
*
operating
after
170,
income
22,280,664
charges
__
24.338.582
22,161,442
16,400,818 "17,021,869
.
10,150,942
9,145 822
$8,183 514
8,231,760
1949—3 Mos.—1948
Period End. June 30—
income
taxes.
Deprec.
and
depletion.
Net
17,000
income
Earnings
per
corresponding
second quarter of
for
,
second
•
1949—6 Mos.—1948
$310,000 • - $516,000
^
32,000
83,000
$340,000'
-
$0.13
the
.
41,000 *
-$146,000
share
NOTE—Profits
the
$381,000
$163,000
after
(& Subs.)—Earnings—
*
$278,000
A $433,000
$0.31
quarter in
$0.40
than in
earnings-for the
the sale of 168,000 lbs.
1949 were lower
period in 1948 partly because the
1948
$0.26
included the profit on
,
kwh.,
or
'
144,363,000
to
.
,
Pitaey-Bowes, Inc.—Earnings—
1949—3 Mos—1948
$325,507
$322,615
Period End. June 30—
Income
tEarnings
1399.
p.
Pacific Tin Consolidated Corp.
1949 -amounted
15,
170, p. 1499.-
•Net
•
1949—8 Mos.—1948
Net
Operating revenues
expenses
Co.—Earnings—
1949—Month—1948
$10,089,342
revenues
Uncollectible oper.
revenues
;
Net
Net
Ohio Bell Telephone
Oct.
•
for the week
kwh.. a decrease of
1%, from the corresponding week of last year.—
A
A.
(
1
*
this company and its subsidiaries
The electric output of
ended
1,487,000
Operating
$170,278
14,245
-
1399.
Period End. Aug. 31—
rev._
oper.
'(Philadelphia Electric Co.—Weekly Output—
„
$2,086,800
221,553
_
charges
p.
$301,879
247.891
__
1949—8 Mos.—1948
29,501,155 248,548,286 225,052,350
•
117,920
1,065,030
969,827
32,841,654
137,951
revenues t___
Uncollectible
Operating revenues
Operating expenses
1949—Month—1948 V
Period End. Aug. 31—
•
After
per
and
170,
p.
$0.32
$0.31
sh.
com.
charges
dividends.—V.
income
taxes.
(After
$0.74
$0.62
for preferred
provision
111.
Pittsburgh Plate Glass Co.—To
''.It
1949—6 Mos.—19485757,054
$634,909
Build Plant—
16 that this company will construct
a
new
$1,250,000 paint
at Torrance, Calif.
.'
E. D. Griffin, Vice-President in charge of the paint division,
said
the new plant should be ready to go into production within
10 to
12 months. It will have a capacity of
1,500.000 gallons annually. ,
was
announced
on
Oct.
plant
(Continued
on page
50)
Volume
170
Number 4849
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1603)
^7
Stock Record «» New York Stock
Exchange
DAILY RANGE OF PRICES
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSUE
Range for Previous
STOCKS
Year 1948
Lowest
Range Since Jan. 1
Highest
*
Lowest
Highest
% per share
37
76
Deo
2%
100
D«ot
;,
6% Jan
Jun
70
:May
May
l%Jun
;
t per
|
14
'
Feb
33
27%
*17% Jun
Dee
7%
23% May
46%
Dee
135
Jan
5
2'.% Mar 28
Feb
41% inly
22% Deo
Dec >
27% May
Jan
,14% Feb
46
99
108
Nor
2%
Not
13%
Dec
65
May
21% Oct 13
Not :
ii3%Feb
,
64
(
May
r
May
.
37
f
■
Feb !
65%
Dee
75
23%
•
100
Dee :
90
*171
t
81
Mar
7
26%
Dec
7
73
Dec
*25
;
Dec
6%
Oct
47
16
;
.
.
10
May
Dec
Not
Sep
Dec
76% Feb
7
163%
Oct
28% Not
*
74
1
Jun
30% Oct
,
34
*
1
88
9
3
3
36% Oct
.
21
3% Oct 20
43
Apr 29
Not
89% Feb
,,
68
Jan
3
5
Jan
Jun
13
61% July 6
x7% Jun 29
'
Jun
96% July 11
5% Jun
1
.
81
Jun
49% Jun
100% Jan
68'/a Oct
21% Jun
60
-
35
4
Jan
104
:
Amer
Jan
*
11
98 % Oct
13
187% Sep
7
33% Jan
7
4%
3
20
:
82
1
Jan
11
27
May,
110
Aug
38
Dec
61
15
Dec
90%
19% July
1
24% Oct
..
106% May 6
39% Feb 15
/
17
Jun
May
15% Feb
July
5%
14
7
American
14%
Dec
22%
Jun
14
18
94
Jun
71% July 29
871
Mar 11
Feb
43
Oct
35% Feb
47% Oct
Feb
99
3
25% Jun
49% May
Jan
112
14
6
6
Oct
American
3%%
36% Mar 31
American
t per share
8
Jan
Range Since Jan. 1
Lowest
Highest
t per share
S per share
$ per share
4% Feb
28
Oct
15% Feb
24
19 V* Aug 10
13%
Dec
19
Apr;
13% Jan
5
1%
Sep
1% Jun
7
7% May
Dec
4% May)
89% Jan
Dec
14%
Jun
37
Nov
77%
Jan
37
35%
Dec
43% May
34
3%
Dec
42
6%
44
Jan
13
17
10
6
3
29
Feb
26% May
24% Jan
5
Dec
8% May
5% Jan
51/4 Oct
5
73
Jan
Feb
11
100
23
Aug
Feb
15%
Jun
11% Feb
7
14% Oct
Jan
19
Jun
15% Mar
1
19% Oct
16%
Dec
26%
Jun
12% Jun
14
Feb
Jun
73
72%
Dec
6
Deo
Jun
13
Jan
3
10% May
76
4% Jun
35
July
22% Jun
13
93
98
Dec
96% Jan
4
Jan
5% Jan
3
Feb
84
7
24% Mar
8
5%
29
Dec
Dec
Feb
8%
35
Dec
32
6%
Feb
11%
Jun
7% Feb
25
80%
Not
11
Not
70% Feb
Feb
162% Not
6%
16%
38
46%
176'
10
Jan
Dec
12%
Jan
Feb
28
169
Oct
Sep
Feb
139
Mar
31
Har
125
Not
25% Not
21
Dec
10%
Dec
34%
Feb
46
6% Mar
May
37
142
Jan
19% Jun
14
Apr
21% Jan
6
24%
Jan
7% Jun
17
31% Feb
25
158%
Jun
138
68%
Jan
46%
Oct
Feb
115%
Not
6%
Dec
*33%
Not
90
Dec
76% Mar
x5%
Dec
51
Not
30%
Feb
30
Feb
25%
Oct
98
Sep
144
16
8%
Mar
8% Oct
13
0
Leather com
\ 20
Sep 26
121
Aug 25
8% Mar 30
38% Feb
17
91% Mar 11
4% Jun
6
48% Jun
1
80
Jan
6% Jan
4
7
41% May
45% Jun
25 y« Jun
14
22% Jun
14
35% Jan
8
38%
25% Jan
3
99% Mar 29
36V* Sep
14
Jan
Jun
106
Aug 23
60%
Jun
48% Jun
20
55% Jan
27
18%
36%
Jun
15% Jun
13
26% Oct
5
Feb
Mar
4
Dec
24
Not
14
Jun
For footnotes see page 26.
64 Va
64%
J
24%
107
■
44%
18
18
v
17%
83
83
46%
:
46%
109
83
w
,
•
Monday
7%
/1 per share
g
6
6%
Tuesday
—
6%
Tobacco
American
7%
Anderson,
25
100
No par
8c
10% Aug, 15
4% Jan
5
A P
2
39
Archer-Daniels-Midland
Andes
Copper
Corp
1
i
1-7%
18
*81%
■
s-
83
46%
109%
109 V*
32%
31%
45%
109y4
} 900
{
170
<
10,200
108%
32
46
108%
1.200
31%
31%
1,500
•
Wednesday
Thursday
6%
19
19%..
17%.
•
17%
173/8
2%
23/4
2%
53%
for
the Week
Oct. 21
♦6'
6%
Sales
Friday
Oct. 20
$ per share
Shares
$ per share
200
*6
'
:
19%
600
173/a
2%
6V4
*19
173/4
2%
2%
1,700
2,700
53%
1,800
11%
11%
11 %
3,300
46%
♦45 y2
46%
1,400
46%
46 3/s
457/a
46%
46%
46%
32
%
32
y8
Vb
A
°40%
41%
♦40%
41%
*40%
41%
41%
41%
4%
46%
*47%
47/a
46%
4%
27%
♦9/8
♦93
48
-
4%
*47%
27%
9%
98
27%
27%
:
*
9%
9%
♦93
*43/4
47/s
*47%
48
*9'/8
*137/a
*14
14%
14"
*183/8
18%
183%
14%
: 84%
14% '
14
14%
84 3/«
85
85
133/8
133/8
13
13%
105
14
18%
14%
*14
187/B
187/8
19
14
13%
♦175
v
13%
176 7/8
88%
13%
133/s
'
*81%
*47 V\
27 %
27%
9%
100
93/8
v
14%
18%
15
•104%
8
42%
40
.
8%
423/4
40
73/4 "
41%
8
/
42%
39%
/ 157
♦39%
♦143
47%
39%
46%
157%
156%
393/e
148
23%
23%
*27%
27%
♦
10%
10%
47%
157
*39%
393/a
*143
148
40
•124%
*88%
13%
123/4
13
82
82
82
•81%
53/4
5%
27%
•104%
105
5%
53/8
275/s
28%.
105
105
143%
143%
73%
148
148%
*63
63%
♦119
119%
72
•6%
63/4
100
•33%
33%
33%
33%
600
12%
105 Vb
88
88%
88%
107%
90%
13%
133/4
133/a
133/4
13%
133/4
♦174%
176%
•174%
176%
*174%
176%
170
13%
13%
175
73/4
12%
r
105
393/4
39%
8%
8%
8%
8%
13,200
44%
44'/a
453/4
7,300
395/8
40
46%
47
46%
157%
158%
40
148
23%
28
*io3/8
*39%
124%
19%
193/g
1435/4
1435/8
72%
72'/a
63
119%
7%
73/8
25%
25%
28%
28%
275/s
28%
27%
27%
273/4
27%
*9%
*3
10%
3%
38
•93/4
*3
37%
81
81
*70
72
-
72%
63s/a
119 Mi
29,500
6,400
450
2,000
310
73/4
2,100
243/a
17,400
82%
200
72
73
500
6
6
*81%
700
60%
170
27%
28
28%
28 VB
28%
28
28 Va
13,100
28%
28%
28%
28
28
28
28
343/4
25%
24%
26
24
*3
144%
147
60 %
•50
*9%
600
2,000
61
50
37 Vb
73%
24
300
20
60%
35
3%
6 Vb
633/8
119
300
60 3/4
106
10%
*6
75/8
72
1463/4
'
60 3/4
50
37 %
6%
144
*
103/4
39%
125
61
*34%
34%
105%
*37%
273/a
•28
*6
6 Vb
-
♦104V2
34%
105%
No par
6y8
61
50
35
106
243/4
25
74%
6
25%
73/8
24%
85
60
52%
7%
26%
•82
6
72%
147%
637/a
•71
19%
144%*'
71%
147%
1193/4
84
393/a
♦124
20
633/4
75
*10 3/8
.
;
119%
84
60
25%
7%
26
;
144%
10%
393/4
125
63%
*71
6%
10%
119%
72%
613/s
*51%
72%:
86 /.
*6
lo
73/4 '
26%
40
2,900
20
144%
J
300
40
147
28
20
63%
147
28
393/4
119
*39%
40
148
28
•123%
147%
63%
119 Vb
148
460
28
40
148
5,600
2,500
125
72%
47%
1583%
23%
124%
144
73%
46%
157%
23%
193/4
144
770
40
473/4
233/4
*39%
19%
147%
=
10 3/s
10'/a
10%
40
124% !
40
40
158%
233/8
23%
28
119
21%
•39%
•143
147
23%
63%
50
147
28
25 3/8
35
157%
40%
•39%
'v
23
7%
♦104%
47
473/4
157
393/8
7,500
44%
156%
>143
9,700
24,800
8%
43%
39%
'
44%
8
8J/3
43
413/s
273/8
♦60
31,200
12 VB
104%
883/4
147%
72%
12%
12%
623/4
*84
70
105
6%
33y4
*33
•6%
1063^
25%
74%
1,000
88%
7%
88%
1,300
12%
25%
*70%
40
53/8
28
105%
*7%
♦84
400
6,000
6%
6%
89
147 3A
•119
7,900
89%
12%
124%
,
15%
143/4
106 >/»
873/4
10%.
124%
2,700
12%
39%
39%
126
W-— —,
1,900
,
19
88 Vb
23%
*103/0
♦39%
14%
14%
27 s/a
23
*27%
700
93/8
13
'
47%
15,800
27%
86%
82
'
—
104%
175
175
19
28%
5%
28%
105
14%
800
.
100
861/2
•81%
;
5%
283/4
14
*95
;
300
43/8 '
48
14%
12%
81%
*5%
*28
506,300
13
14%
*85 Vi
13
39,700
"ftr
41%
4%
4%
48
18%
19
46%
352
41 Vz
32
'
73%
Mining.
105%"
175
143%
W Products Co
12%
,
/
14%
13
>104%
105
87% '
25
No par
♦93
141/4
88 Vb
*85%
28%
•104%
19%
25
50
♦9%
9%
100
46 V*
463/i
42
'
19%
5
27%
273/a
9%
♦93
:
l43/4
•47 V*
53
53%
a
10
48
273/a
.
9%
100
46%
•41%
4%
•47%
27%
27%
54r
43/4
'■"
48
*93
98
53%
,
•'
100
Co
17%
83
46
300
11%.
•19%
common—No par
Oil
*173/9
•8V/2
,
1,800
46%
8
No par
Clayton
18%
11%
No par
Anchor Hock Glass Corp com.. 12.50
Anderson-Prlchard
45
18%
■r
100
5
$4 preferred
441/4
lf%
17%,
33%
Cable
44,^a
46%
33%
100
8c
83
10
,
11%
33%
$4 conv prior preference—No par
Amer Zinc Lead 8c Smelt com
1
Wire
1,800
107
46%
33%
Anaconda
500
24
•106%
11%
33%
$5 prior conv preferred
Anaconda Copper Mining
24
.
•6
533/8
♦32%
100
Woolen
17%
♦18%..' 10
63/4
preferred
24
107
46%
*6%
Inc
.
11%
67/a
No par
Water Works Co
330
5,900
53
*6%
American Viscose Corp common.. 14 6% preferred
100
Am
66 V*
46%
6%
preferred
*653/4
,
53%
11%
♦6%
common
4,400?
243/«
46%
♦104%
American Tel 8c Tel Co
96
1811/4
233/4
■
445/b
Oct. 19
2 3/s,
1
Refg common—100
preferred
100
American
95%
i
t per share
6
-
5%
Tobacco
14,300
11
Foundries—No par
Sumatra
33,300
181 y4
65%
24
46%
31%
I per share
81%
American Sugar
American
,
*81 %
Oct. 18
Oct. 17
*5%
American Stove Co
8%
3%
18%
109
32%
*32
*27%
.
200'
100%
3%
.
96%
24
•106%
44 y2
46 3/8
109
*81%
Co
,
181%
65%
24 V*
106%
.■♦17%
-
.
46%
53/4
com
2,000
8%
3%:
23%
1 "
106 Va
44
173/k-.:
17%
81%
46%
109
32%
31%
1
32
\
109
•
y
28%
preferred
66
181
•18%
18%
17%
17%
46%
'
45,
44%
813/a
100
Snuff Co
v.
40 r
32
lOOVa
.
500
10,000
-
46
1
No par
Refg common_.No par
non-cum
f
24
24%
:
*81%
preferred
American
6%
8c
96»/2
182
23%
10
3,200;
11%
1
Ship Building Co..
Smelt
7%
83/4
653/4
V
U
23%
107
No par
4
20
233/4
*106%
'■*■:. *5%
:
28%
Co
-9%
~
100%
8%
181
65
com.No par
Razor
100%
8%
33/4'
96
.
a
t
46%
j—1
Co
7
Oct
•
235/s
;
68Va
11%
1
common
8% July
26% May
96%
101 y8
8%
183%
23%
31%
'
32%
23%
44%
ner inarm
54%
50
2% Aug
Apr
6% May
34%
31%
23%
100
Seating
10 Vb
68%.
4,000
61,200:
i
46%
San'^ com—No par
preferred
American Safety
9%
33/8
95%
1,500^
443/4
10 Vb
68 Va
*
323/4
fi:
117
23%
69
33/8'
8%
116 V»
■6-7%
24%
323/4
33/8
3,600
2,500:
33/4
-
No par
7%
Steel
62% Aug 18
35% Jan
7
107
Amer Rad 8c St
:ioy8:
-
363/4
39%
9%
67%.
•23»/«-
700*
v
%
'
2
,
♦6
10
Light com—No
Stores
19
6
8c
1
8,400;
t
LOW AND HIGH SALE PRICES
100
American
46% Mar
8
32
Co—.10
00m
67
*
.
600
313/4
44%
•67
7
67
943/4
3%
9%
t: •100%
102%
181
i
'24 Vb
li.iooi
85
»;• 35%
■45
9%
200.
1,200
31%
85
1185/ay
44%
3,500
-
29%,
*37%
117
443/4).
: 9%
1,400)
1
17%
31%
.
33/4'-:
llttVa I'-
10*
,
73/4
'«
3%
-•93%
39%
67
■
34%
•36
66% ':60%-/.
,
0
33
x953/4
f.
3%:
39% '
♦23%
10
3%
18%
110
110
1
Products
American
13
::
'
3%
97
347/«
: "'9%
23
Saturday
preferred
7
12% Jan
69
*100
34%
;:
67%
32%
*
85%:
35%
3%
24%
93/4
45%
85
•46%
—
287/, Sep 27
13
Sep 29
Power
Amer
40% Aug 18
126% Jan 17
66%
313/g
'<*
32
44
*67
-
95
31%
85 V4
7%
192
i,293/4
-
•93%
118
*23 3/8
.
I,
:
32
86% 5 >
•
100
87
♦16%
29% V
y
31%'
3,200
•
192
•
31% ' :
•38 V*
45
93/4
<■
'
95
7%
)*"
17%*
86 V*
1
lis
95/3
182%
181%
•ri<>
Oct. 15
preferred
Am
Jan
118
y
>
»:•
3%
39
44 >':>
ky-v. ■[;
preferred
3
63% Oct
59% Jun
>
*17%
10
preferred
7
28
'
34%
7%
20»/4
♦84
31%
.
65
23%
66%
V18
10
Amer Macn 8c Fdy Co com...No par
3.90% preferred
100
Amer Machine 8c Metals
No par
41% Feb
56% Jan
14
96
-
-
500
823/4
"
non-cum
American
159% Aug 29
V
86%
33/a
4
•
45% Oct 21
151 % Sep
79
"
96%
ilk:
12 VB
3
21% Jun
Jun
May
:
95 V,
31%
7%
<
104%
7
-
9%
102%
887/s
14
-
31% i
43%
7%
-
-3%
12%
49% May 10
3
-
.
105%
5
18
1
-
88%
23
6% Jan
3%
12%
Sep
29 Vn 1
v31%
33 1
•100
'
7%--
105%
14% Jan
'29%
10
32%
par
74% Sep
*117% Apr
•:
No par
150% Jan
Jun
->
No par
178
v
'
20 V4
103
17%
29%
100
"
14,100
2,400
•91 Va
Vi"
87
191%
'
v
*37%
69
$5
3
Jan
•
*
17ys !
•93 Va
92
7%
8
191
,<
•16%
315/i,
-
■
66%
93/4
10
•7%
191
•;
17%
333/4
3%
23% ■■■•24
♦67
102
♦65
•
66%
..
$6 preferred
14
Apr
112% July
8% Jun
67
6
..
6
Jun
135
56% July
104
July
10
.
—
6
60% Jan
71% July
120
Jun
.
-
24 %
3%
23%
-
9%
7%
97
•
118'/a
-42%
Oct
Sep
Jun
VH8%
...
69
1100
Electric
Amer
1,200
'
59%
59
♦81%
20 y«
•84
30
33 7/b
•
•
7%
192
♦86
383/4*
92»/4 Oct
July 26
27
3%
87
"•"s
82%
20
92 Vb
1
*93%
'
86%
•45%
com
...
6
8,000
,v
3%
58 «/a
•81%
y41
303/4
31%
•36-
20
92 y.
"
31%
;95
•—•33%
82 3/4
2oy«
*91V*
*84
53%
Molasses
3%
16%
73
•71
3%
59 V*
82 3%
54%
4%%
4,900
9,300
108
3%
16 y»
73
3
30
30% i ;
.
233/4
com
American News Co
150
35%
67%
•182
7%
'
•100
•
;
31%
9%;
33
-
87
♦16%
86'/a
;
3%-
33
,
92%
•30
95
-
''i-
34%-
82
189
17
.30%
...
—
96
32
-
9%
-
No par
8
: 41
Jan
31'%
67
No par
36% Aug
12% Oct
3
54% Mar
131
13
—
30%"
59
20%
7%
188'/a
17
30
:
59
*84
f
186%
—
43%:
No par
American
5
130
147% Mar
Dec
17
17%'-
59'/a
82
5
7%
189%-
—
•24
87
3
20
93
♦84
87%-
♦67
.10
preferred
3
•71
8%
*103..
3%
15%, 16
73
3
♦91
20%
•91
Alt
20
American Metal Co Ltd
8
'
108
3'/a
16'/4 1
3%
*58%
83
20
,
\
3
58%
/: 58%
7%
7%
stock
Locomotive
•103
„
3%
♦71
25/a
20
109
72
23/4
Oct
..
72
2%
1%
(
108
3%
16
2%
Sep
11
120
16%
.
33/a
16
•2%
Co
22% '
•103
108
3%
16
17%
7
Feb
41
May
131% July
20% May
116% Mar
4
19
34% Jan
35% May
140
Jun
39% Jun
Jun
8
26
*103
17%
Ice
31,300
213/8
17%
105
■
6
Mar 31
23% Jan
Apr
68
163%
Jun
Sep
21%
17%
American
20
7% Mar 14
30% Jan
10
12%
95% May
86% May
16% May
83% Feb
69%
Jan
14% Apr 12
22 V*
3
•106%
American Investment Co of 111
18% Jan 20
102
22
11% Jun
21%
3%
*80
20%
43 Va
'
-
■
108
21% May
94% Jun
12% Not
21%
16
3
83
.
9%
preferred
—100
American International Corp.No par
6
95%
22%
17%
Home
3,000
493/4
♦17%
6%
20
13%
*473/4
40o
American
5
10%
3% "
59%:
24
Export Lines lnc
American
May 17
9% Sep
8
28,
8%
19%
conv
10a
28%
493/4
*18%
6*
4.600.,
;
7%
19%
American Hide &
1,900
21 y.
37
•473/4
♦18%
&
'
1,100
-
42 Va-
363/4..
8ya
19%
Gas
•41
493/4
.73
107
American Hawaiian S3 Co
'
2rya.
:•
77%
19%
Rights
47% Jan 27
46
•72
119%
*
-
Par
American
6
Jun
5%
Jan
73
,
23%
$7 2nd preferred A
11
3 Vb Jun
Jan
20%
92
OCt
33
3%
•15%
•106%
$7 preferred
j
21 y4
42%,
.
22%
105
3%
15%:
100
$6
23
•41
»473%
8
No par
American
t
21 y«
21%.
42%
19%,
493/4
22%
•100
-
73/4
2iy8.
*41'
40
2%
*4.73/4
Amer 8c Foreign Power com..No par
,
Sep 22
43% Oct
i
105
2L%
42%
8%
50
22
;
•36
25
American Encaustic Tiling.,
51% Sep 22
49% Sep 19
10 i
,
22%
34%.
3%
,
No par-
American European Secur
Sep 22
13
63
Dec
10
Jun
Jun
79
•
59% Sep
3
Jun
Vb Oct
7%
3
3
6% Jan
45% Oct
46
18% Oct
7%
•47%
87
-
;
1
.
6% Aug 10
19%
york
8%
50
3%
exchange
'
14% Mar
8%
31%
100.
Distilling Co
new
V
Highest
28%
Inc.—1:
stocks
Year 1948
27%
♦80
preferred series A.100.
Range for Previous
Lowest
28%
No par
Cyanamid Co
conv
283%
-♦93%:
No par'
Co
Colortype Co
American Crystal Sugar
4% % prior preferred
Oct, 21
Dec
107% Jun
com—
preferred.
Chicle
28%
.•30
A 30%
,
-
2
American
33%
8
Co
preferred
Broadcasting Co
nou-cum
18% Aug 17
81
94% Feb
10
...
'American Chain & Cable
1
5
477/«Sep
8
Jun
109
28%
•16%
7%
preferred
100
American Car 8c Fdry com—No par
1%
preferred
100 i;
*
28%
.,
100
common
Amer Cable 8c Radio Corp
American Can Co common
{
27%
-
Corp
Shoe
29%
21
♦41
•
6,100
125
19%
37 Va.
93
a
conv
American
7
18% Mar
Brake
37 %r!
l189%
50
Bosch
Share*
44
*2%.
19%.
37%
20%:
•
1
preferred
conv
19%
a?%.
'•91*
^50:
preferred
American
10
3% Oct
6
Jun
4
10% Mar 29
10% Jan
172% Mar 17
"
6»
19%
♦110«
2%
37
•84
1
com
common
American Bank Note
19%
131
23%
2%
19%
19%
•120
'
2%
36%
•81
.
Corp
No par
Chemical.No par
Airlines
cum
Co
preferred
Agricultural
3%*
4
21
3
Jan
Amer
American
v.*; 24% Mar 31
13
2% Jun
92% May,
177
104% Jan
25
Leather
1
30% Mar 23
-
10% DecJ
6% Jun,
Sep
9
10% July 22
68% OCt 21
4
20
.
.
/
No par
Amerada Petroleum
1
45
*
*
,51
;
43% May
111
3
6% Jan
par
j—5
convertible
132
129
,
2%
38
*3%
:*58%
4% preferred
a
100 •
Allls-Chalmers Mfg common.No pat *
: 3%%
conv
preferred—
109 ;
Alpha Portland Cement
No par £
6*
19%
.
21%
,,
1
_
Co—
Amalgamated
1
31
120% Oct
7
34% Jan
«
Mar
May
•;
,
■
13
125
2%
42
*72
.
No par "
Allied Mills
1
•19%
15%
1 '
Allied Stores Corp common—No par
6
Oct
Kid
125
2%
42
■
__No par
Allied
4
2% Jun 14
37
13
Oct
96 < Sep
v.4, 33% Oct
8
22
26% Jan
,
>
•
'
'
II
25% Feb 25
76
Mar •
70
3
!
20
43%.
43%
*
Allen Industries Ino
Allied Chemical & Dye
10
Oct
18% Feb
25
83% Jan
52% Jun ;
29% July
Feb
6%
193
43%
43%,
;=
gtd__100
*
121
Not
103
25% Feb
r
Jan
18% Mar
31%
.«%Jan
'
43%.
43%
21.
•100■
.
preferred
cony
*2%
21%
,
22%
100
43%
119
37
.
4%%
$4.50
.1
19%.
•48
;
100
10
15 *
Mining
Allegheny 8c West Ry 6%
I
24% Jun 15
Jun
68%
V
Vlcksburg Ry
Allegheny Ludlum Steel Corp.No
/
4
42% May
50
7
Maria
119
38.%
-
50
100 *
$2.80 prior cohv preferred.No par "
93% Feb 17
7
*
11
com
preferred w w__
Allegheny Corp common
»%% preferred A
5
27% Jan
104
i -15% JUn 14
6% May
Feb
34%
,7
Jun
Jan
31% Oct *
Not
Not
83%
165 v
May
»
82% Oct 19
t
*
13
98
3Vb Not
44
July
Jun
34% May •
37% May ;
91,
Jun '
#
8s
the Week
$ per share
28%.
.
No par
Alaska Juneau Gold
Aldens inc common:
Sep 16
3% Oct
5
59% Oct
.
11% Jun
Feb
r>
.
17% Jun 14
88
Sep 20
May
-6
21%
Dec
25
i
83
198
Mar
25%
•;
<■
Apr
96
.
Dec
-16% Dec
7
'
109
Mar
7%
34
,
Dec
Alabama
Sale* fur
Oct. 21
tper share
42%
*41
\
_l
43%
43%
,
2%
21 Va
$3 preferred w w
Reduction Ino
9
Friday
Oct. 20
Oct. 10
Sper share
38%
No par ;
Air
73
64% Jan 24
.
4% May
58% Oct
■
16% Aug
Apr 14
2% Feb 25
40% Feb 25
*
Dec
'
__
19%
Admiral Corp
Affiliated Gas Equipment
23% May 16
103
Aug 10
3% Apr.
3
Thursday
Wednesday
t per share
"**
'
"
'
2%
1
Co
,
2%
Addreaaofxaph-Multlgraph Corp_io
47% July 13
15
Steel
43%,
"
Co..
"
19
/
3
43%
•119
Express Co.
Adams-Millts Corp
44% Sep,
9
38% Oct 14
8% Apr
May 25
2% Jun 21
t
ACF-Brm Motors
7
SALE PRICES
HIGH
Oct. 18
8 per share
•
AND
Tuesday
>
Oct. 17
'
Laboratories
Abraham 8c Straus.
29% Oct <15
97% Mar 9
t
4% May
.21% May
80% Jun
r
,
Abbott
19 -
Adams
.
f
Monday
«
t per sham
Aeme
5
18% Jan
,
Oct
3% Jan
5% Jun 20
;
*18%
;
Saturday
Oct. 15
share
21% May 3f
14
LOW
STOCK
EXCHANGE
*
16
YORK
-
45% Aug 18
132
2
18% Jun 13
14%
NEW
>
$ per share
$ per share
15
10 V*
3%
38 y2
A
•104%
*9%
3
38%
34%
106
51
25%
10
35
•104%
*50
24%
10
3%
3%
38%
38%
35%
106
51%
24%
10
3%
39
34%
35%
104%
104%
•50
24%
9%
3%
39
300
1,600
30
51%
500
24%
18,900
10
3%
39
300
1,200
1,900
RECORD
STOCK
YORK
NEW
Monday
Tuesday
Oct. 17
Oct. 18
$ per
Sper share
* per share
share
Nov
89
6%
32%
Oct
19% Jun
Dec
23%
101%
Jun
77
PRICES
Wednesday'
Oct. 10
$ per share
$ per share
68%
Dec
41%
Feb
Jan
99% Jun
13%
18%
Dec
13
Jun
22
94
May
Dec
111
May
95
8,7
98
67%
Dec
106
Jan:
Feb
35
Jun
120% Sep '
64
13% Deo
Deo
44%
Feb
99
*19%
24%
Oct
20
Dec
9 % May
Nov
Dec
19
Nov
19%
1
24% Aug 11
4
Jan
Jun 10
.
Sep
4%
30
7% Sep
11
,15% Sep 21
Oct
Jun
34% Jun
7%
»
"
48
44% Jan
14/
11%
.
1
10
88
*85%
38%
38%
110%
110%
98%
*97%
22%
44
99%
•*49%
'
6%.
6%;
*6%.
'
15%
*15
101%
11%
39%
68%
68%
5%
5%
>
6
*37
38%
37%
*6 t:
86
*35
86%
39
39 3i
'
,
38 /
.
48%
48%
49%
108%
17%
6%-
108%. 108%
-
'
*,
6%
'5%,
12%
15%
;, *14%
■V
♦14%
« ;
J6 Va
'■
.lG
37%,/ 38%
.
.5%
i2%;
12%:/ 12%
f
*6%
383a
'■
5%
15%
57/a-
20,400 "
*37%
5
381/4...
1,100TI
38%
14%.:'
14%
14%.
l°Va
/
10%
101/4.
ij 9
*
l.
'•'.
.
B
13% Feb
v
Dec
11%
Fete
16% July,
29% July
13%
Feb;
31% Jun
Feb
40% Nov
80% May
Mar
60
i
Deo.
: x2o
36% Nov
31
Feb
:
1
7
Baldwin
11% Jan
7
Baltimore
22% Jan
7
25
7
>
38v
Jun
28
t
.15,
Sep
8
,
Jun,
36.
May
45
45% Dec.
Deo
30%
Deo
39%. Mar
.
9%Feb
43% May,
15% Oct
15
47
Jan
80%
Sep.
16% Mar
Deo
69
87%. Feb
Jan
90
13
28%. Oct
19
8
'85r Oct
8
6
10 % Jarr 21
34%
7
Apr
32% Feb
4
37* Mar 30
Beech-Nut
27% Jun 30>
,
'
82%
Feb
14%
Fete
30% Jun
14.;
11% Jun
37% July
207/a May
10% Nov
16.
19% Mar.
:
11%. Jun
24% Jan
103 %
Jun
85
Oct
18
Feb
38%
Jun
26
Jun
137
Deo
21%
Jan
:
21
NOV
26% July
88
Deo
87% Mat
86%
Dec
Bell ,6c
Mar 21
•4%%
Bendix
21% Feb 24.
Jan
26% Sep
•
:
93
102% July
I
*
23%
Feb
37% May
2% July
1
27% Oct
Foods
Best
.33% Jan
7
Bethlehem Steel
136% Feb
2
Oct
Mar
139 % July
129% Jun
3
Dec
37% May
22% Jun
29
31% Mar 21
7% preferred
Blgelow-Sanford
Nov
14% Jan
Oct
20
11% Mar 11
Birmingham Electric Co
26%
9
39%
9
.
Vv
Range for Previous
Lowest
t per share
/>'
Lowest
Highest
$ per
Highest
26% Dec
X13
Feb
9% Dec
14%
17 % May
44% July
19%
NOV
29%
22%
Dec
37% May
13
,
Apr
s
9% Jun
33% Apr
17% Jun
57%
Dec
96
Jan
51
Jan
26
27
32%
32%
32%
32%
28
28%
28%
28%
*134%
6
13% Sep
15
13% Jan
47
Deo
27% May
Bliss. (E. W)
Bliss
8
Bohn
9
64
Jan
12
8
32% Jan
5
16 % May
19 %
Bond
July 28
47% Oct
7
Class
66% July
42 % Apr
21'
55% Oct 13
87%
Nov
96
91% May 11
97% Aug 18
2% Jan 13
1% Mar
32%
Dec
42
6%
Nov
9
Jun
Jun
35% Feb
17
6% Jun
13
26
10% May
47% Jan
71
Fete
257b Jan
Dec
7%
11% May
6% Jun
13
'21%, Jun
14
3?
Jan
7
20% Jun
14
29
Jan
10
25% Oat
6
33
Jan
6
X27% Mar
36%
Jun
34% May
37% Jun
5"
10 '
9% Apr
16
25
Nov
25%
Nov
92%
Oct
101%
Apr
98
Jan
14
15% Mar
23%
Sep
18% Jan
3
103% Aug 23
35% Oct 13
Jan
3
10% Jan 21
8%
Dec
27
Fob
v
12% July
33% Aug
90%
Feb
99
17%
Feb
Nor
29% Mar 14
23% Nov
15
9;
120
Sep
7%
Dec
75
13 % Jun
100
Feb
Jun
22
Oct
125
16
(The).*
,
4
Brunswick-Balke-Coliender
30
1%
5
Budd
74
Oct
6
34
Jan
13
preferred
(The)
Co
15
17% Oct 21
Bullard
43%
Jun
29% Jun
15
36
Bulova Watch
29% Feb
95
Sep
Jan
11
24%
Jun
13% Apr 19
18% Jan
97
Jun
77
7
92
Feb
10'
4%
Dec
100
Jun
70
6
85
Oct
14
3%%.
77
Apr
88
Jan
6
77
Feb
10
12%
Feb
17% Jun
16% Jan
7
7%
Nov
10% July
79
Dec
Mar
8%, Deo
73
Dec
2% Mar
16
Mar
98% Jan
114
Deo
15% Jun
89
105
73.
Apr
13% Jun 14
7
Jun
x97% Jun
-
Jan
4% May
27% July
May
% Jun
6% Jun 13
60-
-
3
17
Jun
1
Feb
7
Jun
13
7
Butler
Feb
2
24% Jan
July
98% Jun
10
104% Oct
20% Jun
13
26% Jan
24
27% Mar
40%
Jun
30
Feb
20
52
54%
Sep
52
May
2
58
Apr
J8
May
8% May
31% May
1
Jun
2
2
Oct
10
5
Dec
21%. Deo
3
9
Nov
101 %
Nov
119
Jun
37% Dec
44
May
14% Mar
10
Mar
19 %
38
Mar
47%
Feb
11
48%
Apr
3% Jun
27
5% Jan
22% Jan
18
56
May
Dec
May
Aug
9% Jap
16%, Jan
8
10% Jun
40% Jan
50
Mar
12% Feb
4
109% Mar 21
41
May
6
46%
51%
*96%
97%
*96%
97%
*96%
*2,%
2%
*2%
2%
2 Va
*7%
24%
24%
34%
25
25%
25%:
25%
26
>
27
26%
26
26 %
24%
„
10%
10%. ;io%
36%
36%
36%.
99%
*99
99%
99
99
18%
16%
*18
18,%"
*18:
18%
16%
*123%
10%
36%
2,200
24%
247s
4,300
•
26%,
26%
5,700
37
37"
18%
400
167b
1674
7,500
♦1227b
123 %
107 b
117 b
73
17
73
•
♦1227b
1237b
107b
117 a-
,/
'
73
*31
31%
73
313b,
*31 Va
92%
92
92%-
927 b,
*91
16
16%.
167b
17
17
17,Vb
34%
341/4,
337b
34
337b
3b
18
18%;
177b
187a
1774
1»
90%,
88%,
♦897b
79
*74.
73
73
72%.
34 %
34%
343i-
18
90 %
90%
17%
17%
17%
17%
*89%
90%
89%
89%
*85
87
85
85
*74
14 %.
*7%
14%
14%
8%
8
113
113
67%
*7%
/'
'
*112
*8 Va
8%
67 Va
68
4%;
4
22%
21
*102%
*23'
100
No par
4
4 Va
18%
9%
101 Va
*40
*20%
14
137b
48%
*15
157b
*55
41
207b
21%
*47 %
10
101
41
—25
56
*18%
9%
97b
101%
No par
Capital Admin class A common—i
'
-
18%
v
*67 Va
*103
105
*22%
''
34%
*53
/
*31
103
1
*
*77b
•
.112 Vii
67%.
4Va
677b
4
35
34%
34%
547b
53
53
-
*23
347a
*53
•'
1%
1%
47b
4
4Va
4
18%
1874
19
19 Vi
19
97b
97a
101 Va
41
20 Va
101
101
40
40
*20%
21%
67%
.1
4Va<
4
227 b
22 Vb
677 b.
y
460
900
4
23.
130
2,900
8
1
2,300
60
23
23
1,300
35
35
357b
2,600
53%
53
53
101
100%
*39%
19 Va
97/a
102
*39%
21%
20%
13%
13%
13%
13%
14
13%
14
*47 7b
487b
48%
48%
47%
*14 V*
15
15
15
-
15'b
15%
*55
56
*55
56
55%
55 %
*54 V*
21
13%
47%
15
40-
*20%
4
48V4
56
4,500
♦lOO'/a
41
20 3
47a
Q31
101
40
7,300
4
19
.
10
100 V2
50
17b
."1%
19
9%
15
13%
*47V4
•
t.
237b
10
40
800
87b
103
9%
*20 3 4
6,300
147b
112
101
4Va
Is b
4
«
112
7*8
1%
4
10
8%
103
1%
1%-
18 7b
150
100
14
i,
v
.
,r 11,100
87T
87b
677b
103
?
90%.
143a
:
114
200 t
1,400
79
90 3b
.
87b
22 V4,
22%
103
23%
*
•
8V4
8%
23 %
23%
*112
200
3,200
,
*74
87
79
,
*84 7 8
907b
;
14
14%
8
♦84
1%
1%
4
67%
103%
23 Va
.
8%
8%
4 Va
23
,
112
22 Va
23%-
17b
,
4
1
1 34
7%
8
22
a
I
14 Va
14%
114
4
53%
1
*84
*74
21
4
.
103%
104
y
*89%.
79
73
31%,.
21%
...
*4
*22
.
14 Va
14%
*7%
114%
*74
79
*74
79
>
89
*84%
•
*31
34%
17%
No par
20
23,900
>1,370
r
927b
16
»
317b
*92Va
92%
92%
92%
34%
Calumet? & Hecla* Cons Copper
5
Campbell W 8s C Fdy:
No par
Can Dry Gingejr Ale com
1.66%
10
18'b
18 V4
31
34%
No par
900
997b
*99
997b
'
2,400
10%
73
16%
1
.100
100
a100
10
34%
107 b
107s
367 b,
72 Va :
1,900
/
y
347b
.>
34 Vb.
167b
11 Va-
900
267b
104
*103
107b '
70
25%
25%
>.
267b
30%
34%
A
7.V4
*91%
53%
preferred
2,900
8%
337b
Vb
31%
34%
Mills
400
7
104
187b
123%
;
300
77a
247b/.
'
■
2%
33 Va
7 7b;
Va
24 Vb;
■
32%
7%;
••,
367b
y
3,800
10,300
-r-'V
•
*27b
73 %
68%
preferred.
Ry Co
■■;//'
480
1,630
9,100
32 V8
17
11
;
*31%
55
$3
123%
11
167b
;.
9774
18'%
,
16%
16%
16 V4.
lOVa.
10%
35
conv
*18 Va
•
16%
2,800
•
47
*99
-
*123'% 124
124
10%
107/a
.
36%.
16%
16%
*123%
124
10%
10%
36%
19
>'•'
537b
34%
'
*99
10%
*67%
Southern
104;/.
34
>
99%
35
$4.25
"•
38
10%
*53
Zinc-Lead
34
52%
19
.
2'/4
26 Vb
*37
50
preferred
103
>
15%
participating preferred—100
Nopai
Canada
>
34
52
33
♦103
10,700
23% "
46 %■
*25%.
25%,
'f.':
'
•
23%
v
,
33Vb
7
.;
'26%
26%
•
*7%
y
25
25%
104
33%
34%
34%
347/a
*103
104
104
104%
*104
24 V2
25%
23%
25%; 25%
*26%
7%
*7'/a
24%
'
22%
527«
*32
-"/
7%,>;
*32%
7'/a
7 Va
33'/2
:V::.. *7%
•400
47
217 a
*96%
*327b
{
;
,/> 7,000 i
,
1274
*44
537b
*2 7b
/
117b
.
47 Vb;
33
33
7%
33 %
33
7%
7'
7%
!• 2 %
14%
'977b
53
97 Va
*2Va
1,600
3,200
27%
*12 Vb
..
/167bi /
*963/a
Shar°3
share
14%
11%
19%
47
47%
53%
*96%
33
:
16%
47
2%>
7%:
7%
32 V4
100
3
Pacific Ry
10
33
16% /
53
^
97 %
32%
33
7%
32%
7%
7%
8%
Canadian
11
*32
33
*32%
*30%
19 %
16%
■
53
8%
Cannon
48%, Oct
55% Oct
48 V2
53
*8%
19
5
4
17
46% /
51%
15
common
19
13
15% Oct
16%
45%
53%
19.
.
.
:
17%
*111%
Breweries Ltd
29
16%
17
46
preferred—100
Canadian
20% Sep
15 % Sep
12 % Mar 23
For fcotnotes see page 26.
3
Bros
Callahan
15 Va
17
a
5%
10
98
Sep 28
35% Jun 27
18%
19%
18%
the Week
$ per
221>
23%
18%
for
Sales
27 %
'
537b; -531/a
,
4,300,
Oct. 11
49
23 Va
53
%
1 52
1,000
7,000
:
./Friday
•
1
127"
217b
23%
23%
"t
53
53
54
52%
California Packing common—No par
6
7
15% May
xl9% May
7%
23%
16%
Byron Jackson Co
36% Jan 26;
16% Jun
Bldg 7%
preferred
:
Copper & Zinc.
Byers Co (A M). common
7
Jun
22%
53%
1
Butte
27
22%
16%
common
4%%
4%. Mar 30
2 2 V4
16
3%%~ preferred
—
Burroughs Adding Machine.-No par
Bush Term
82
-
Corp
2nd preferred
4
35%
1% Dec
conv
Feb
23%, Feb
Jun
Mills
preferred
May 14
121
22%
—5
Bush Terminal
9
21%
*91%
Inc
Co
9% Jan
14
13
Burlington
7
21%
127/4
,
r» 8,200 *
17,400! '
J
9%.
>
9%.
412
*45
49
22%..
22 %
100
pfd
Co
Mar
16%
y
♦45
46
'
12
49
1,700;
25%
25%
267b
14%,
117b
135
13.5
share
t
-
33%; /•
28% >
33
.'/'/ 28%
*73
1
El Corp 3.60%
Buff Niag
13
72%
81
?
19%
10%
No par
No par
common
Co..
12%
*45
No par
12% Feb
Apr 26
;
—
$5 preferred
Buffalo, Forge
21% May
Dec
■
54
18%
5
100 *
Bucyrus-Erle Co common
Sep
11% Oct
11%
21%
23%
14
14%
12
*11%
>'
26%
*99
No par
No'par
preferred
$3.60
Aug 18
12%
:
49
21%
,
14
Apr
Co
V
15
:—5
—100
Inc——1
Stores
90%
86
12
*45
21%
19,%
No par
z
78% Aug
Jun
11%
*11%
49
54
(assented)_100
Bower Roller Bearing Co
i
5
Braniff Airways Inc
.2.50
Brewing Corp of America
15
Bridgeport Brass Co
No par
Briggs Manufacturing Corp—No par
Briggs & Stratton,
No par
Bristol-Myers Co common
2.50
>
3%% preferred
100
Brooklyn Union Gas
No par.
Brown & Bigelow
:
1
Brown Shoe Co Inc common..—15
171/4 Mar 14
14
7% Jun 13
61% July 6
26% Jun 27
July
40
6
Jan
120
11% May
Dec
30%
37
15% Jun 2T
24% May
124% July
Mar
65
95
Aug
12%
12
,
12
14%
11%
:/
$ per
14%
12%-/
:12%
26%
•
i4
24%.
-
share,
.26%
$ per
26%
?6%
400]
183,000!
26%
11 Va
Oct. 20
Oct. 19
2%
y
Thursday .;
Wednesday,/
y
400/
2%
25%
9
1,600 /
'*"■
102%
X25%
29Va
j
81
102
;
6.000.
'
81
33Va
135
28%
HIGH SALE PRICES
A per share
26%
12
*22%
*
Boston & Maine RR
17
Dec
26
14
*46%
No par
Borg-Wamer Corp, common.
3 % % preferred
8% Mar 30
v
B
Borden
4
44%
May
14%'
12
y
5
Brass
A
class
Co
11%
11%
11%
I per share
'
2
38% Mar
&
Aluminum
Ami
Bon
Feb:
5% May
—1'
2.50
No par
:—5
:
-
dan 18
42%
1% Aug
CO
Laughlln Inc
27
37% Nov
Jun
6c
25%
11 Va
Oct. 17
26%
'
24%
Oct. 18
26%
32%-
7,400/
9%' /
'
;
800;
60/
26% >
261/2"
28%
134 Va
1,400
>•
32
317a
2V4'
134%
;
<1
>87a
81%
29% >
.
J;';" 267b
102V4*
2 Va:
32%
32%
28%
Tuesday
*14%
"
t
24%
Monday
*26/4
•
26%
134 Va
24%
11%
>
134%
134
25
11 Va
S per share
;
No par,
-
25% Mar 30
13
11%
>
134%
24 Va
Oct. 13
No par
Bloomingdale Brothers..
Boeing Airplane Co—
13
134%
25
11%
Par
Co '
Blaw-Knox
16
Sep
135
25
-•
87
26 V4/
*101%
26%
26%.
25%
29
Saturday
i
Aug
18
16%
7
2%
,
33%
>>••/>
Aug
50
Dec
Oct
15
2%.
25%
•
500/'
12%.
*85
87-8 •> v":>
*80
80%
80%
70-
900/
;
14%
.-.
*12%
85
26 Va
-
,*14;
,,
101% 101% >
2% £
">
2%
,
13%
32
85
31%.
;
•?,; >' 8%
f;
<
■
12%
26%
>26
:.
102%
27%
STOCK
Aug 24
21
30%
.
26'
8% Jun
Sep
Dec
32% Mar
13
-
10% Jun
81%
101 Va,
28%
'
1?
;
*79:%
2%
2Va
2%
*
101
101
/
9
•'-•
35% /
13%
12%
•
32%
30.
,
I 3,000f.
30%
'/•>; 353 i
14 V2 r
-*14'/a
14%;/:
'
LOW AND
Black 6s Decker Mfg Co.
30% Jan
22% Jun 30
81%,
25%
32%
No par
No par
EXCHANGE
$ pet share
$ per share
share
36% July
19% May
*80
STOCKS
YORK
NEW
Range Since Jan. 1
Year 1948
Carpet
81%
>
26
27%
—100
—-
85 '
9%
500,
8%;
8%*29%
,
13% >
■
130"
5001
;
88
*84
•
500/
18>4
18 Va
:
35 /->■
•
13%
.12%
31%.
9 >
26 >
2%
—r-1
—1
(Del) com__No par
Best & Co
10
33% Oct 21
■
13
.23,%; Jun
85
32%
'
14% >■
*
>-
8%
30% v
35
;
>'■'85 "-»
85
9
!
>'/,
13%::
,
31%.
"25%
'
12%
12%
85
*•30
>> 1,000 i
99%
'
8%
.
3,300;'
2,800/
>•'.
.
*14%
;
8,400:
5 ■*-
27%.
/ "9972
.
;>>;'iq }'*
55%
27%
1
99
85
12%
>
28
'
99
31
>14%,
'
9%
9Ve
28
•
147b.
>/• 54*%
55V2 /
1,100%
>.'
•:•
13-
*14V4. ,14% •
18%
18%
35
*13
14 V*
-
i2'%
"
101%
/
13%
13 Vt,
13%,
9%
257/8:"'
*100%
*29%
35
;
'
'
,
8%
.*34(4
30
:
, .
81%
Benguet;Consol Mining Co_18 pesos
6
'
30
25%
'5
88
8%
86%
31%
32
♦84
31%,
*85
86%
'
*9%
Home
$3.25 ser of 1946_No parr.
Cum pfd $4 div ser of 1948_No par
102% Oct 21
Jun 28
23% Feb 11;
"25
May 10;
30% May
Feb
30% Feb
*85
18%
8%
13 Va' '■*:
55'A.
18%
88
>
14%. ' '
*18%.
*34'%,
14
12%,
*12
"
>31%
Cum pfd
Sep 14
82;
£
5,
Jan
2
;
mmmrn
25
125
12%
♦14%.
Va, •••'
8
28%,
>99
14%
V,
'
.
13%
13%
•
4
73% Jan
♦
;
13%
13%
,*12%
*84
8'%
*29% >30%
34 Vv
34%
13 Va
13%
35
'*13
Appliances.-*—33 %o
Beneficial Indus Loan com
„10
14
30%
<
Nowell .Cm .common
r10,;
-—-——100
preferred
Aviatloq —:
—5.-
Bendix
7
*29%
*34%
.
18%.
88
8%
'
y
.
Sii:'
m
56
i.'.
;
51
•12%
.
39* ""
100*'
r
16%-
,> >.451%
147 a
'•>; ' 147a
51
14%
•
; 70i
f H 3.40Q /
*
-51/,//:'
-'"A >■•: *38':
39
:; :: 50%.
1
12,100?
4,000.;
>/
•
.
'
.
/>■ >/"50%
16 7 2
167 a #■ :
*38
'15%..!:*
*-■
>>..,13;.
99%
14%v
18 V*,
V
»w*-15'
n
13 Va
y;
*97%,
,,
147/a» '
*84..
.-
8%
'
>
;
>:>
"
56/ 56./
*28%, "28%
18%;
19
13
15
.
5o%>;
'
)
>
18 3'4
64
64^
51"
f
■
500r,|
17%.
*18%
*
••'•'
iV
64%.
50 Vt
16%.
;
50% 150%
28%.
14%
88
14%
39
64 Vz
16%
39
>
18%
'
66
:
.
8,500
9-./, v
'8%
>'17%
17%
*18%,
18%
16%,
50%
8%,
171%
•>
65 49%"
*
99--
99
15
.
;
17%
y
V
,
>'
39
-
-9%
18
\r *18%
17,
/, 50%.
56,%,,"
*27%
99
8%
*16?>
12%
56%,.
;
28%.
*18%
y
15.
>♦12%.
,
*84
,50
-10
1
.-1
Cp—
50%,
14%.
: *
18%«
66%
66%.
46%; >50 •>
>
lO'/a
®
r'«
*
j
.18%
17%.
*18,%.
..
»
">; 10 Va-.
.
m
*37.%.
50.%..
59
.
39
*37.%
.
13
15»
1
Belding-Heminway *
Bell Aircraft Corp—
1
Feb 18
11
Packing
15,
.
16%,'.- 17.//
.
.
51%
99.
preferred—No par
100?
Aircraft Corp
Beech Creek RR——
'34% Mar 30
6% Apr 13
Inc—
$1.25 div conv
i
17
i
Deo
Deo.
26
*37%
,
Beck.Shoe (A Si 4%>- pfd
98;
14
14%
90 %
9%
8
Feb
16
Beaunit Mills,
16% Jun 30
10% Feb 14
39
/
/
46%,
46%
>
17 '
17-Vi.
66%,
*65,
>
46%
<
>17
.——100t
2.50
pfdu.
Beech
6 % Jun
Feb
80
46
(Delaware)—.10:
10?;
-50
Corp;
oonv
21
5i
Mar
69,
Jan,
100
3%%
99% Oot
,>20% Jan
'20
Oct
25,
.12% Apr 27
16% Oct
3
22% May
13
59/" Oct
:
27% Oct 21
Oil
Barker* Brothers-, common
4%% preferred -—BarnsdalL Oil Co,—--—a
'
14%
>>14%
;t lO.'/a,
;
8%,
.18%
V- 18%.
19 >
66
66
14%
.
10
10%
•
8% 7 9 >:
17
17%
>18%
:
VJ' 9%
>
*511
—5-;
,'15
Bath Iron Works Corp—
—1
Bayuk cigars Inc.—.
1—No par , / 12%
Beatrice Foods, Co common
>57
.25
*27%
Common
"when issued"
12,50 $
1
17% Jan 20
3,
32.
•
3
51% Sep
t
11%;Jun
,
Mar
•
preferred.
100>]
Aroostook common—-L50?>
5%
preferred—
100 ;
Barber
'
9»
17%
non-cum
Copv
July 27
Oct 20
,
51,
.'41/
4
4%
10%
:
14%.
*14%.
14%
10/
13,
100 -
Works
Ohio;; common
6c
*14%.
X,
—
Bangor: &
21 % Jan - 7
6
Jun
Jan
,
72
60% Jun 13.,
;
28% Jun,
59
15%
*•
12%. Jan
8
.14% Jun 13
.
16% Mart
23% Jan
NOV"
9
I
13 i
8% Jun
17% Jun
15%
10
I
Babbitt (B T)
;'7% Jun 13;t
14% Jun 14
Jun
16%
Inc.
Locomotive
14% Jan 15
Jun
*13
14
,
I
?
1,600
12V4..
534 \
6 Va
38%.
-.5
1,500
5^a>
57a
•
*-ll7a
•
10
<-
I. i
.
;
5%
12%
12
700'
6%;.
14%.
;38%
v
/.
>V 5%
5%
10/
17.%
♦16%
6%
'
15%
<
:
5%
*
260:
C
1,
108%
1
17%
6%
6%
*14%
6%
320
•
49V2
*107
I
4,900: 1
22%
22%
*49.
**16%
•
17%
6%
■
f
560
98
98
!
108 %
•107
■;
*16%
15%
5%
'•
'
"17,800-
109
108%
22%
49 %
f
400
1,000
'
98
49
3,300
'
40% r
393«
108
22%
'
1,200:
38%.
■
„
1,800
>
i
69
86
98
*14%,
38 /
.
69%
108
'>*
6
V4
11%
38
108%
-
7,800
.
11%
•68
>
22%
49%
-
11%
111%
37%.
/
/
98
*16%
100
2,400
101%- 101%,
97%
♦108
110
10
43%
9Uu2
-■
102
1
bo
1
40%
39%
39
6,200
•>;•
%
88
*85%
1
100
43
22%
"
1
"
105
100
100-
99 Va
100%
102%
38/4
*106%
5%
104:
i
43%
43
44%
9'%,
14%/ 14 V«
14%
14%
*,<
22%
11%/ 12%
12
9%
97%
6%,
*5%'-
!
22%,,
15%
*15
"
5%
5%
:*li%
'
1,600
j
15 Vs
9%,
./•
97%
17%
♦10%
140
9%
99%
86%
108
109
*107
17%
400
9V4
>11%.
85%
49%
49%
50%.
109
*16%
S3
114
*14%
15Va
101%
,
11%
22%
*107%
93
*113
•14%
14%.
'
98
113
97%
113
112%
15
43%
68
110%
97%
22%
.
3,300
101
38%
22%
100
Corp
47%
"f 107
39%
38%
*97%
*110
47
*100
'
38%
47
"
85%,
85
1
46%
*105
'
68
1,000
101
38%
38%
*66%
60%
♦100
97%
11%
38%
68
60 Va
101
68
11%
39
,
-
59%
107
♦11%
11%
*67
16,100
9%
101%. 101%
101%
6%
97%
'97%.
14-
43%
98%
•'
39
.
-5c,
Amer_ii-3
Avco Mfg Corp (The) common—3 '
$2.25 conv preferred
No par*
*
97
101%
101%
}
6%
♦105
*99%
43%
42%
98%
98%;
'Autocar Co
—'——
Automatic Canteen Co" of
!' 8
Jan 24
14
11%, JLU1 20'- > 17%, Mar 10
7% Jan
7
1 4% Jun 14
4% Jun
;
43%
43%
101
''
•100
88
;
6%
601/4
106
>106
107
*99%
101-
*101%
-
k
12,800
25%
25 Va
38
59%
•14%
14%
14%
14%
<14%
J
47%
112
9%
9%
9%
9%
„
♦105
107
*99%
,—No par
Austin liichols common—.—No par
Convyprior prefi ($1.20)—No par
14
:
25 '
9%
14%
14%
♦105
,v
15%
*i4y2
15%
*14%
15%
9%
No par
preferred
conv
Atlas Tack
4
111%
*110
25%
88
59%,
97%
110%
*14%
common——,-No par
Atlas Powder
1
20% Jan
*97%
5
—-
.Oct 13
109
.
977/a
110%
•97%
97%
110%
25 Va
6%
47'/2
97%
preferred-
non-cum
59%
47'/4
*110%
100
Atlantic Refining common
25 *
4%
conv
preierred series A—100
Preferred $3.75 series B_,
100
Atlas Corp
3
5%
59%
47%
r
Shares
S per share
share
88
„
6%.
47%
59%
Oct. 21
Oct. 20
88%
..
6%
47%
par
Line RR—No par
Atl G & W J SS Lines common—1
3
Jan.,
58
k
7
Feb
15
Jan
Fete
4%
35% Jan
1
15
Aug 18
100
; 4% Feb
Jan
xll
40% Oct 21
111% Sep
'13% Feb
16% May.
6%
Mar 18
*88
Sales- for
the Week
Friday
Thursday
t per
25%
25%,
,
/
6%
59%,
par
Atlantic Coast
£
88
6%
47%
47%
„
'
*
Jan
4%
12%
-
7
94
1
100
Jan
114
7
* Jan
*
14
13
Jun
Jan
47
70% July 13
42
Apr'
64%
-
Sep
15
20
25% May *
Nov
48% Aug
99
103% Jan 24
.93% Jun 24
Jun
<
7
7
Feb
106
May
114
Feb
13
25%
88
6%
61
*59%
par
par
■
12
,
30% Jun
50% July
Feb
30
91
Sep
4
13
77
10
24%
88%
6%
6%
6%
(foods
Dry
24%
88%
89
'
1st preferred
6%
24%
24%
24%
*88
common—1
100
7% 2nd preferred
i,
100
Associates Investment Co_.
10
kAtch Topeka <fc Santa Fe com—100
5% non-cum preferred—
100
A T F inc
2—:
10
Associated
44% Sep
14
10% Aug
com
Carpet Co Inc—
Artloom
105% Jan
Jun, 14
97% Jun
Dec'
102
Apr
32% Jun
53
Feb
Dec
81
Sep
66
12
14
100
No
No
No
No
$4 conv preferred
Arnold Constable Corp
14
Oct
107
30% Feb
July
64%
Apr 27
80 '
Jun
Jun '
19%
62
>
Jan
25%
•
107 %
Mar
96
,
*
July
26
15% Sep
28
11% Feb
Cork Co
preferred
$3.75
com
preferred
Armstrong
13% Jan 11
7% July 18
19
&
$6 conv prior
4.
09% Feb
preferred
Co of Illinois
conv
Armour
113
Oct 20
16% Jun 30
1
13% Mar
Jun
17% Aug
Dec
12% Mar
4 Vafo
77% Jan 10
49% Oct
6
105% Jun 15
115% July
Nov
11%
7
38% Jun
56% Jun
88
103
13
'
'
10
100
5
Steel corp com
Armco
38
7% Jan
Jun
5
Jan
106
share
Feb
95
$ per share
f per share
Par
27% Jan 20
14
15
Jun
49% Jun
15% May
Dec
$ per
,
Oct. 15
EXCHANGE
Highest
Lowest
Highest
Lowest
Saturday
STOCK'
YORK
NEW
Range Since Jan. 1
Year 1948
HIGH SALE
LOW AND
STOCKS
Range for Previous
Monday,. October 24, 1949
FINANCIAL,. CHRONICLE
COMMERCIAL &
THE
(1604)
1€
47
•
15%
'55%
137b
450
100
300
24,700
47
300
15%
600
56
y
1,300
12,000
40
J
Volume
170
Number 4849
THE
COMMERCIAL
Range for Previous
$ per share
3%
Sep
100 y2
Feb
.26 V4
Dec
32
Dec
41%
30
12 V8
30
110%
Nov
7
Feb
303/4 Oct
Jan
25% Jun
14
: 35% Jan
29
12% Jun
14
Feb
30% Mar
4
May
6
Jun
30
Jun
Jan
11
147% July
*
Feb
24
40
26% Jun
7
100% Aug 29
39%
Carrier
1
Case
Aug 18
343/8 gep
13
1023/4 Sep
32% Jan
13
97
Apr
23
105
X114
Jun
15
131% Jan
Feb
105
Feb
140
223/4
17%
16
Feb
July
May
34%
20%
Dec
Jun
Jan
Dec
18%
Feb
11%
Dec
12%
7
15% Jun
3834 July
26% Jan
17
;18% Jan
11
Jun
Dec
67/a
Dec
6
17
Sep
5'%
22 Va
7
133/4 Jun
;
6 3/4
Mar
14% Jun
Feb
17
29
•
7 V4 May 31
3
Jun
6
17
6 3/4 Mar
74
Nov
108
Central
8
5%
Oct
13
19
35
Oct
4
3
Oct
83
112
8
Oct
5
11 % Oct
15
7
11
Jun
18%
Dec
28%
12% Nov
24%
33;
Feb
*
I
9% Jun
Feb
26%
Feb
100%
v
18% Jun
Jan :
11
Cerro
'•
19
Oct
373%
3134
1021%
28%
*14%
par
8%
Corp_No
*
+
28'%
16 Va
16 3%
1634-
15 Va
15
15
9 Va
8%
4
4
9Ve*
4
8%
83/4
8%
34%.:
-
34%
108%
343/a
108
*84%
10
84 %
933
93/4.
*16'%:
34%
:
50
13%
de Pasco
Copper Corp
13%
123/4
*7
.
12%
13
12%
*12%,
13 Va
*13 Va
I2V4- 12%
7%«
.
13 Ve
12 3/4 j
,
7 V.
13Va
'12%.
/
■'
7V2-
13
:i2%.
12%
123/4
'1
7%:
Products
20 Va
13% 7
27
I*
Belt Co
No par
20%
27
20 VA;
13V4-
i37/8;7
13Va-..
*25%.
■>.
26
98
25%,
19%
14
*26%:
•
25 ?/a-.
*97
20'/a
131/21
,
♦2S3/a.-,. 27Va,-
*97;
.,
19%
10734
27Va-
9"
'
13Va
*123%
13
800
,13
25,200
97
700
5,800;
12%>
12%
12%
12%
127/a,
12%
*7'/a
■734
7'%.
7%
400:
19%
19%
19'
19 V4
5,300-
14
13%-
13%
13%
137/a
10,000-
27%
*26'/a
2734
*26%,
27%
26 3/4
'•
26%*
250
85'A
8%
*1234,
27Va
25%,
108
*84%
9%
20 Va
13%
97
..,
98
9,200:
734
7%:.
-19%
*
80O
6,100:
34V4
34*
'
5
900-
8%
85%
8%
13
1234>
127/8
''12%,' 12%'
7%.
(
13
2,900
4
14
8%
108
100
2,100?
93/a
*3%
*13
i
*841/2
9%
9
4
107 »/a
8434
9%'.
•
■
570
4,800
15'%
8%
34
400
16%.
15Va
14
11,100
16%
9 Va
'
8s/a
!
109
84%'.,
.
9
*3%
28'/a
*16'%
15%
14
800
125 Va
1634
17
15
5,800
103
125 V4
1634
1634'
10
30%
101 %■
273/4
341/4
*108
88 %
9%
85 v
9%
142
3034
101%
*101%
.
9
3334
1
108 '/2
'
<
300
'
27%
14%
8%,
*140
31
126
4
14%
=
142
'
10234
9 Va
4
14%
834
84%-.
167/a
9:
*
2,900
273%
151/4:- : 1514
141/4
34
9 %;
1634
*16i%:
.
3,100
38%
38
125 V»
r 103
16%.
-
8'%
1023a
28'/a
102
16%
15'%
34 Va-
♦73%
38
30 3/4
'•
3,700
143/4
34Va
*101 %: 101%
126%; 126'/a
17
*108
*84
2734
102
126%.
14%
34%
1
400
8 Ve
*140
31
*126'
16'%
37/rf
108%
*108
273%
142
30%.
70
4,700
31i%
1434
3734
101%/101'/a
5,000
3034
34'%
8'/a
*101'%
,
*
143/a.
*33
373/4
*140
31'%
101
'
14 VA
9
34%
■
100
,
283%
126'%
8%
4
xlOl
31
8'/a
^7%
142
x303%
4
102.
15
14%
*140
31 %
*16'%
9(4
*3%
100
vtc
Champion Paper & Fib com..No par
$4.50 preferred
No par
14
9 Va
.
No par
B
140%
102'%
16
1514
1
series
373/4
126'%
17
*15;
5
37'%
2734
-/
1.63%
*16'%
3734
*101 %
•
,
126'%
1634
20*
Ry Co vtc
102
*126
1434
8Va<
Shares
Ve
301/4
3034
31
34
8%
31-
28 3%
102
*■
1434<
34
8'/a
8
102'/a
*3034
?0'%.
31%
1434
834
*10134
"3034
734
♦102
for
the Week
$ per share
7%
102%
33
143/a
*34
8%
140%
313%
*10134
1434
35%,
734
102'%
*3034
37'%
140 %
10
100
—
Chain
98
*37'%
1434
35%
■
$ per share
734
30'%'
Sales
Oct. 21
'
Certain-teed
19
'27% Oct
25
Class- B
27 % Oct
13
8'%
Central & South West
Corp com.5
Central Violets Sugar Co
9.50
Century Ribbon Mills—__No par
6
30'/a
14%
preferred
14% Oct / 6
„
14
Jun
11
>
21% Jan
8
91
Jun
•
,
8% Mar 29
14
22% July
Jan
17%
8
14 3/4 .July 13-
May
90
13Vb Oct
13% Oct
6% July
Apr -
20
13
9% Feb" 28
May
Dec
Ga
30'/a
361%"
Central NY Pr Corp 3.40%
pld—100
Central RR Co ofrN J class A—-50
10
14% Oct
10% Jun
Dec
7%
of
31
Friday
Oct. -JO
102'/a
*102
30'/a
,8'/4
'Sugar po
preferred
4 % Vo
13% Oct : 5
10%
Agulrre
29%
3134
*139
7%
7%
102'%
30'%
*3534:
100
7VA
102'%
103
Thursday
share
$ per
30
*14%
FRICES
Oct. 19
$ per share
31
1
j.
SALE
Wednesday
30%)
*31
10
Central Hudson G & E
Central 111 Light- Co
9
Sep
88% Aug 24
79% May 24
May
30 Va
-
734
103
50
Central Foundry0 Co
7
104 Va Jan
Jun
Central
7%
103
*
Corp
preferred—.;
Jan
33% Oct
100%
5%
73/a
*102
HIGH
Oct. 18
$ per share
series
4%
(J
24% Jan
9
Common
General
77c
:
21
4
8% Mar
7%
-
par
ll3/4 Mar 14
14
12% Jun
ian
&
Celanese Corp of Amer com—No
par
$4.75 1st preferred
No par
7% 2nd preferred
100
Celotex. Corp common..
_No
7
"
97
123
Corp
If Cp common.,
preferred—
Caterpillar Tractor compion
Preferred 4.20%
"
17
23% Apr 22
Jun
.
Conv preferred
Carriers
17.
140% Oct
l
& Ohio Ry_
100
Power & Light
Nn par
Carpenter Steel Co
5
AND
(1605)
Tuesday
Oct. IT
$ per share
Carolina clinch
9
8% Oct
-
Par
Carolina
37% Sep 29
,
10
131
16% May
,
Monday
Oct. 15
Capital Airlines Inc
5
-
108
Saturday
'
(
.
,■
7
17
52%
Feb
CHRONICLE
LOW
STOCK
■
8% July 26
23
Jun
26% Jan
9
Dec
22
share
19% May
43% Jan
Dec
130
$ per
YORK
EXCHANGE
July
6'% Mar
35 Va
5% Feb
100
Nov
NEW
Highest
Sper share
*8% Mar
'
Since Jan. 1
Range
Lowest
Highest
$ per share
FINANCIAL
STOCKS
Year 1948
Lowest
&
27V8
•97
!
;/ 7
*
27
27i/a
*97
97
98
,
27
1,300
600*
„
27
97V4
'
.
2,000
97»%
100-
■
7%
a
Dec
15%
25% Mar
30
31%
76%
Dec
Feb
May
:
\9
v
Jan
90
4-i.
5%.Aug 31
8% Jan
7
17% July" 18
28% Jan
7
29
343/4 Jan
7
Jun
45%
Dec
-«
Jan
'
Oct
79
21
7
3% Jun
July '
Jan
13
7% Feb
17% July
9;
Nov
6
Jan
14% May
123/a July
22% July
12% Jun
5% Jun
5% Jan
;
28
3
13
Jan
7%
Jan
4% Mar
73/a Mar
30
24
Jun
4% Jun
.
33%
Dec
:
Dec
40
133/4 Dec
11
7% Feb
17
41% July
23% July "
49% July
26
Feb
10
Jan
8% Jan
Series
14
15
Jun
28
36% Jan
14
29% Mar 30
Jan
57c
57"
Jun
49
% Jun
28
42%
Sep :
25% Jun
17
Jan
72%
Oct
56% Jun
14
74
10' ' July
15%
Oct
10
Range for Previous
M
Year 1948
r.~7
■
14%
$ per
Feb
share
4%
.*
xl3
6
16% Jan
5Vb Jan
7
44%
Oct
63% May
35
Jun
31
Feb
42
Jun
31
Jun
16
50%
Nov
653/4
jun
293/4
jun
23%
Feb
90
Nov
19%
Nov
27
Jan
Dec
10
75%
Dec
84%
24%
Dec
33 .'
15%
Jan
27% Mar
176
Jan
34%
Jan
7
16
105%.Sep
7
May
.Feb
17
26 Va Aug
3
25
79% Jun
25
Jan
Jun
6
20%. Jun
68% Sep
Dec
223/»
Nov
34%
Apr,
Oct
108 Va
Jun
1
City Stores CO——
30% .Jan
8
Clark Equipment Co
85
3
v,
26% Oct
13
,
„
108
11
Nov
78 % May •/
62% Jun
14
73
Dec
47% May
18% Mar
37
'• Aug 15
10% Aug 23
24% Jun 22
43
23%
.
4%
27 Va
137
Nov
Dec
Dec
60%
Dec
1332
31
-
Dec.
V
183
Jan
633/4
'45%
,
5% Jan
82% Jan
28
4%
cum
172
13
Oct
21
64
Jan
5
1075
29% Feb
25
89
AprS
15
Nov
25% May
16
Feb
263/4 May v
Jan
8
15
17
; Mar 22
Class A
Colo Fuel & Iron Corp com__No par*
13
15
Jun
7% Jun
10
147/a Oct
20
;18% July
8% Jun
15
15
20
Oct
v
Jan
11"
Nov
9%
Dec
17% July
7% Jun
7
14% Oct
Dec
32% May
17% Jun
6
24 Va Oct
Nov
313% May
16% Jun
22
24% Oct
21
10%
Feb
14%
12
13
7%
5%
21
20
conv
preferred.—
4%
2nd
non-cum
7
7% Feb
10
13%.Sep
10-
2
68% Sep
28
26% Jun
13
32% Jan
13
Columbian Carbon
18% Jun
29
22% Sep
14
Columbus
21% Feb
11
■13% May:
Dec
78 Va
Jun
48% Mar
28%
Dec
,37%
Apr
18%
Feb
36%
Jan
90
Jan
104
July
..
1
Columbia
-
-Columbia
56
25
Oct
12
102% Sep
16
Nov
29% Mayr
13% Jun
22
17% Jan
Nov
29% May
25% Jan
3
29% Sep
Dec
'11% May
-
28
7
Dec
36 3,fc
July
243A Jun
30
30
Feb
32
May
25 Va Feb
11
313/4 Oct
Sep
6% May
,25 Va July
Feb
108Va
11% Mar
xl8Va
8%
Dec
19
Dec
10%
29 Va
fiec
98% July
100
Sep
Dec.
11
8
.
38% Jun
13
11% Feb
23
•
35%
Jun
99 % May
Jan
Sep
93/a Jan
13
40
May
30% Jun
Oct
99
July
95
13 Va May
For footnotes
Oct.
see
Jun
May
*68-
.
41%,
1134
j
,
*14^'"
33%
391/4
,
-*31
3 3%
A
't
32
■; 52%
2534
53%
.
523/4
53'%
6514
66%
-
-
*38
65%.
25Va
7
-
164'. •'
*61 Va
61%-
*40%
41
*94%
'
'
96
'
*94%
*
16%
r
'
.
41'/a
26 J
*106%
25%
107
160
61»/a,
*65%
66
37%
*38
39'/
12%
12 Va-
12%
7,900.
31 Va
3034
4»%
31
301%
30%
2,800--
•
4
61'A
j
,
40
i
96
16Va
*94%
16Va;
.
.
.
19%.
"j
15%,
153/8
15%
16%.
16%
16%
10%
11%
11%
12%
11%.
12.
113-4
12%)
12%-
19%
'»
19%
96-;
16
161%
2,700
19%
19%
800
15%
1534
153%
15%
17
17
14%
16%
13'%
1634
1334
14%;
14
15
133%
14
.
j
f.
11%
13%
13%
23V4
23%
23
2.50
22%
22%
22%
22%
22%
23
23
23'%
22%
11%
xll%
11%
11%
11%
113/4
(
.11%
20
96
*9434
19%
23 %
1134
,
16 3/4
11%
11%
•
133/4
rn%
v
2,000
1934'
23
_
■41'%
16'/a
o
11%
:
1,240
173/a,
153/4
16%
-•.
,
60%
X4034
41%
*94%
;
16 Va
'■v ■: 15 Va
15 Va
96
t
16 Va
19%.
41 v$
41%;
;
700
162'%:
'1225
*1225-
34
70
500-
74'%
60
61
1,900
135
162'%
163
»
60%.
2,000
25-
135
741%
76
♦160
160
25
-
10
4V4
43%
4'%
2534
135-
76
*1225
40
t
135
76'A-
;
1.
25%
t
135
-61
-
•.
.
100
66
12%
66
;
25%
76'%
-161:
190
1,000
40ft
107
107
37%
:
25 Va
76%
16%
:
.
*132 V?
-
5,100
26
12%
30%
-
r
135
*10634
39
12%
; 4
25 V4
10%»
V
/
f
66%
*37%
">■
4 Vac..
25 %
108
*66
,.
17
17
72
2534
96
■'
19%
*68
2534
39%
16%,
*19%
:i5%
,:
96
16
16%
20
15%
40
40
72
*68
109%
30%,?'
*1225
20O
100
169
♦120
41'%
61
•
24 3%
24%
23
169
109'/e
12%.
160
61%-
*1250
20O
4134
*75%
162
*160
6134
*1250
1,100
18 3%
*18"
108
*132%
76%
*75%
29'%
1093%
4
.
29«%
41'%
30%-,
„.
,
85
109'/a
25%
39
.•
25%.
135
*132%
76%
*162
4%
4
4%
255/a
135
72
85
41%
66%
..
*120
'
400-»
85%
109 Va
12%.
,
8,300
7%
40%
*37%.,
.
2,700
55%
7%
18%'
*24Va~
25%
*68
•*
•
109%
*65%,
39%,
:•
c 169'
*120
26'%
55i%
29'%
3/4
>18
So
Co__'
Nop&r
Elec Co
Ohio
3.60%
5
40% Oct
Sep
16% Oct
*
96
12
68
30%
30;
11%
68""
30
30%
11%
11%
11%
*67 ;
69%
67
69%
30
303/a
30%
307/a
20%
2Q3/a
20%
20%
20%
26'/4
251/4
25%
25
20 Va
20%
20'A
No par
;
,
-4
6,000
:
1,700
4,590
14'/a
3,530
M'/a
13%
13%
1,600
23%
23'%
24V4
5,300
233%
'
2334
24%
5,100
H'%
11%
38,100
12
12
1234
3,200
70
*67
11%
11%
26%
26%.'
25-
10
*55 %
55%
55%
551/2
553/8
1—100
102%
102 % f
101%
101%
*101%
17%.
'; 17%
17%
28%
28%
11%
"67
3034-20 '/a
30%
20%
3034
20 3%
3034
10>
70
20%
3,600
-
6,900
„
common
preferred
12 Va,
70
-
—
Solvents
17%
25
*28%
*28%
28%
28 »/4
31%
31%
*30%
9%
'287/a
9%'
.
*93%
-
55%
17%
9%
5434
551/a
10134
•"
934
'
;24%
25
54%.
10134
54 -
55
25
-i
2,700
54'%
2,900
1013%
1013%
102
200
17V4
29" Va
93/2
,25
173/a
17'%.
173/a
17 3%
17'%
11,500
28%
17%
28%
3
> 25%
lOli/a
1021/4-
291/4
28%
29
28%
28%
14,600
9%
,,
934
28'/4
28
•28%
29
> 29
311/4-
*30%
31%
31
1
Coppermines Corp—5
3%
,£67a
1C7%
307 Ve
Grocers
8
Consolidated
-
12%
11%
*11%
:
42
100
*16%
17
1
*11 Va
11%
6
6
36% Mar 30
15
102% Aug 16
SVaJan
7
69% Oct
10
Stores-Inc
com.
;
preferred :—
$4.52 preferred
.
.
1
Continental
Diamond
31%
,
*108%
100
15%
*93
3334
*101%
.
3%
26 34^
107%. 107%^
'
33-4
27
107V4. 107%
12%
12 Va
12 Va
11%
II1/4
II1/4-
41'/2
42
41%
41 %
4034'
16%
16%
171/4
•
11%8
-
108»%
39
*99
.
10%
>
•
113/4
*111/4
8
9%'
93/4-
9%
*29'/a
29%
293%
31 %
31%
*31
1093,8
1081/a
38V4
♦99
'
334
334
27 Va
9%29%
31'%
1,500
2,900
27
1071/4
107% -107'%
3%
27 Va
600
107'%
12%
12%
12%
11%
*11'%
1134
300
41 %
4134
41'%
4134
4,300
17 V4
1634
1634
17
17
2,100
ll'/a
11%-
ll'/a
7%
7%
7%
10%
lO'/a
103%
32%
32
llVa
-
7341034
11%
1,100
26.900
32%
31%
32'%
32,300
1083/4.109 3/a
10834- 109'%
108V4
108%
460
108' 4
1073%
107%
-
IO&1/4
108%
39
3834
3834
38%
39'%
39'/2
39'%-
IOD.
993a
9934
9934
99 Va
98%
99
108%
153/4
153/2
15
15,
15 Ve
15%
15V4
15%
15V4-
153%
93%
93
93 »/i
93
93
93'%
9334
9234
9234
,-5
'*7%
7%
10
'69%
69%
33%
34%
102 3/4
7%
69
333/4
102
34%.
34
*102
73/2
"7%
1021-4.,
7%
69 Va
68 %
C83'4
300
7%
*933-2
*1013^1
1,700
11'%
1534
34
1,600
123%
93%
102%
4,800
21,200 *
♦11'%
41
1
32V4'-
22%
109 Va
33/a
26%
lOi/a
7%;.
10%-
*108J%
1081/4
39%
*113/4
32
32 Vz
109%,
100
16J/a '.171/4
7%.
-
101/4-
32%
*
40
*99
•
12%
109
108%.,
*39
3%
26%
11%
77/a
32%
V.
11%
10
109 Va
3%
26%
123/a'
'11%
:
32%
No par
Fibre
8
105a
109 Ve
—
Continental Insurance—
,
No par
——
preferred
10%
%
No par
4% preferred
100
Continental Baking Co .com—Ko par
$5.50 preferred l
No par
Continental Can Inc common
20
$3.75
8
^lOc
—No par
Container Corp of America com—20
13
Aug 25
pfd
42
>
107Va-
12%
$4.50
14
107
"12%
*11%
Consolidated Textile Co Inc
Consumers Power Co
3Vi
26%
Corp—1.33%
Consolidated Vultee Aircraft—^
4
21*
Retail
3%
26%
33/e,
26%
•
34 %
)
71/2
68 V4
,
8,900
26'%
26
*10634
108
*24 Va
'
'
29
18%
,
24,600
v
710
734
*833/2-
29 Va
29»4-
30
10134
*734
85
29%
101'%
56
;
55
-
430
32
26'A
26
:
13,500-
43
393/a
101%
101%
7%
*
31V4
1
Shares
14%
,3%
*31'
for
the Week
109 Va
*25%
*106%
30
31V4
26'4
*18
41%
253/a
f
"
200'
Sales
$ per share
14%
.53%
'
85
72
x4i;
26%
No par
Aug 29
109% Sep
101
3
5
6%, Jun
563% Feb 24
page 26.
36
111
13
29Va -Nov
64%
12% Mar
17
93
&/
Consolidated
7
12% Apr
Jan
■<
*14
23
Consol RR of Cuba 6%
6
13 Va Jan
39
f7V4
.
2,800
*
Oct. 21
-
% 3%
,39
10%
71
14
.85
Oct. 20
32
55'4 V 56
..
!
"169
109%
108
400
16(700
Friday
Thursday
share
26
.
25%
*120
•
72
41%
1,100
50 V4-
1134
12
$ per share
1+
22%
21 Va Jan
-
16
Jun
*
74
*11%
11%
5
Jun
27% Jun
-
73l/a
23 Va
Consolidated Laundries Corp—
5
Consolidated Natural Gas
;—15
7% Jun
Jun
721/a
23 Va
46% Mar
,
293/4 July 26
103% Apr 27
105% Apr 20
,17% July.
92%
.10
8
106% May
106% Dec
42%
8% Nov
4
Jan
-
*24%
''
IO93/4
Consol. Edison of N Y com—No par
$5 preferred
No par
8
16 3,8 Mar
*38
*12
Consolidated
29
Oct
48% Mar
Oct
14% Jan
Dec
92
109
6
11% Sep
90
103/4 Mar
Apr
14
33%
84 Ve Mar
xl06
Jun
Jun
21
27%:Sep 23 >
23
:
15% May
153/4 July
Dec
Nov
43% Jan
,
Jun
,51
Dec
8%
,7%
14
21% Feb 25
Feb
12%
34%
'
29 Va- Sep
Dec
37%
2% Jun
33%
'
31
18%..
*17%
,
109%
Conde Nast Publishing Inc—No par
Congoleum-Nairn Inc——No par
Consolidated Cigar
No par
10
Mar
*49 V4,
12
52%
.
7%
29
109%
t.
*fe7
Commercial
1
Dec
4.
26%.
26'/3
50%
34%
*10%
Inc—No par
26 %
26%
2.50
Commonwealth Edison Co
- •
10%,Aug 22
27%
x24%
21
*68
■'
41%
*41 Va
common—No par
Commercial Credit
7
25
103%
System
Pictures
Engineering
Superheater
Inc
11
Jan
7% Jun
Gas
;■
56%
:
29
25%
' 169
,
3,000
1,500
333%
13
11%
Combustion
5
xl6
8 Va
*120
;
18%,
*24%;
V
72 i
*68
28%
.28%
*17%
25%
169
*103:
$4.25 cum preferred w w—No par
■:
27(4 Oct
..
46'/a Feb
95
18%
12,700
'
1134
29
*
*
28% Jun
53% July /
Apr
2834
llVa
2834
•50 V*>
'101 Va-101%
*12-
preferred—100
27 Va
20,100
11%
50%
.
39
31%.
*10%-
20'
Columbia Broad Sys Inc cl A
Class B
9% Jun
Jun
Sep
49
.183i
193/4
20
——
Colorado & Southern Ry com—100
4% non-cum 1st preferred
100
20
20%
Oct
"29%
1,100
734
34%
.14%
''*• 3
'
3
*83% J 35
84
'
29
300
4
7%
PRICES
>31
'
J9% Jan 24
6
84
*73/8.
76%
$3.50 preferred
————No par
Collins & Aikman Corp
No par
634
26%
*
$ per
26%.
55%-
100
24
12% Jun
Oct
Jun
*2534
7%
*132%
19
22%
26%
25%
Colonial Mills Inc
200
1,700
-
20%
,2834
Wednesday
*14
101
55%
7%
U 4%
•
183/4
55
:
No par
100
7
283'a
IP/a'
11%
28 3/4
•721/a
-
53%;
V
ioi
31
16
223/4
*33%
v'
26
'
30%
13
Dec
Va
56
•7%
84 :V
31%
173/4 Jan
Feb
'
26
7 3a
31%
20Va Sep
Feb
*
.1
13
16
'26%
.55%
.*
l&¥».
V
10134
i
Corp
No par
Colgate-Palmolive-Peet com__No par
283/4
10,100
9'/a
16%
f
1,700
17'%
*334
7%
3 Va-
;■ 52.%-
31%
101
12%
Internat
3%
734
/ 27
Va*
72%
39%,
12%
;——No par
—
3%
7%
SALE
32
12%-
5
37/a
72
•
•11%,
14%
*39
39%'
preferred
8%
7%.
281%-
Oct., 19
$ per share
r
52% "531/4
.311/8
>
io2(":
■..
*65%
Jan
12%
9%
2nd
9%
17
•
900,-
,
1034+•
*63a
:
.
*31
:
com
HIGH
32
12%
;
*
6%
.26%'
:
39
'
—_;
Peabody & Co
Coca-Cola
53%
31%
31%
50
.50
AND
3:
39
*9%
10%
6 V>
Oct. 18-
,
*13%,
*31
1034
9'%
50 Va'
Tuesday
.
$ per share
■
10%.
16%
-34
12
*11%:
/
■
No par
96V4 Sep
,
53%
102,
*106%
Coca-Cola Co (The) common.No par *
;
Monday
I''.
8%
'
*25%
41% Oct
•*
xl3% Feb
15
Sep
July 25
12%'"
3%
32
1
com
i
preferred
26
72%
1
7%
Cluett
721/4
Oct. 17
40
*25
100
Clopay Corp
2
9
60
?
12 /■
72%'
14%,
r
4.
8%
—
"
3
"
■'
■
50%
*13%
40
4
-.
"7
-
300
8%
t
17
,,11%
34Va
400
80%
4- "
10%
281/4
26%
50%
33%
3%
*31
'
.100
Clinton Industries Inc
261/4
"
1,100-"
14,400
."834
s'
' 33%
14%-,
"
3
*120
—No par
Climax Molybdenum
30% .Feb
1075
Jan
96 v
preferred
preferred
'141% Sep
July 191
Apr
4
xl24%Jun
Jun
July
1332
Sep
71
•
-
26%
' 51
■
*11%
Oct. 15
.20
Cleve Graph Bronze Co
19
»
Saturday
100
com
'Cleve & Pitts RR Co 7% gtd
'
Special gtd 4% stock— —*
17
26
31% Oct
—5
'
33/4 July 11
21% Jun 15
133
July'
92% May
July
x87'%
Jan
36% May
147
Dec
134%
Jan
10%
;
Dec
Feb
753/4
o
35 %
Feb
Jan
No par
$4.50 preferred
5%
72%"
;
■'
Cleve Elec Illuminating com__No par
Aug 10
15% Jan
non-cum
51
33'4
*14
—100
& St Louis Ry Co
9.■*">* 5%>
16
39
'
*Mar
42% Jan
69%
12% JDec
C C C
__—_
112% Jun
16
Jan
5
]
j19%.Oct
26V4v
34 Va /
$ per share
..No par
1
13
16
105
21
Oct
30
28
20% Jun
25
__8.50
common
preferred
City Products Corp
14'
Feb
109
Sep
27
51'4
27%
LOW
100
5%%
29 %
;
>•
,
28%
11%
i.
25
com
*C I T Financial Corp
,-City Investing Co
11%
29%
51%
Cincinnati Milling Machine Co—.10
18
11%
29- "
34 Ve
.100
preferred——
13
86
,
36% Mar *V
Juns
Elec
11V4
'
—,
&
7 Va,
•:27%-'27%"-
■
803%,
7
3%
71/4
28%"
*26%
-
,
Gas
.3%
7%
29%
-
-
3%
4
283,4
-
12
___
16
—
Jun
43
111%
4%
7Va
63%,
223%.293/a',
,
29
17
:
' 1134
_l
-Chrysler Corp
Cincinnati
*3%
7%
*22
803/4
4
'•
634
22
29%
4%
*8%
634
*
29%
80 3/4
t
9
io%-
7
11%
-10
Co
3%
7%
29
V
preferred
*6V'2
.•
4%:
8%. f
87/s
16%
6%
22
.
81%
163/4
16%
634
*80%-,
•!(
8%
7
22:-
29%
10% hi 1034'
;
9
16%
12
i
8 3/8 Apr
* July >
J an-
5%%
10%
'vv
STOCK
56% Oct
•
3
16
„
•
11
6 3% Feb
*
106 %
105
58
*32% Sep
4
42% Jan
Apr 1
88
Feb
jChile Copper
14
,
38% A,ug
176
July
80
Jan
Jun
.
;
8
25
* x20
May
21
7
26% Apr
.48% July :
7%
1.
Jan
Jan
44% Jun
36%
.
60
•
•
9
*8%-
,
*6%
No par
v;
common
,36
l'
97 Va Jan
>
.
101% May
Co
10%;
9
74
Chickasha Cotton Oil.
Childs
•;
j
,:9 <
„
V
.
291/4:.
4%,.'. 4%a..
Va
4
9
4
28%
Par
19
20
*4
■
3%
•'
22
80 %i-
7,.
*73
$ per share
Jun
80%-,
17%"
*6%
<
301
9 >4
100
EXCHANGE
2% Jun
Apr
.
NEW YORK
Va
10%
*17
7
23'-
29 %-4
9-i".-:5
*8%
..100
preferred series A
Chicago Yellow Cab
4
7
*22
*80%... 82%;
82%
•:
634.
22
29%;.. 29%
,
1034
No par
com
Conv
4
Highest
Sper share
193/4 May
2% Nov
Jan "20
12% Feb
■
9
100
preferred
Range Since Jan. 1
Lowest
Highest ->
$ per share
May 11
vtc
stocks
■
Lowest
'
preferred
♦6%f
22 1
22%;=
*4? .'
Chicago Pneumat Tool c6m__No par
/
$3 convertible preference
No par
Chic Rock Is & Pac RR Co
No par
55% May
4
34% Jan 21
,
A
Chicago & Northwest
25%
45%
No par
par
333/4 Jan
21% Jun
/
*80%
Chic 7.nd & Louis Ry Co class A..25
Class B
No par
Chic Milw St Paul & P vtc
No
27
May
100
■
.
7;'
r
30 'A J' 30
—
493% Mar
Feb
preferred
Chic &.East 111 RR Co com
5% Jan
13
9% Jun
convertible
?6%
*22
May 16 >: Class A
40*
11% Mar 30,
Chicago Corp (The)
1
103/8 Apr
9
Chicago Great West Ry Co com—50
18% Jan
5% preferred
50
:
13.
Jun
21
3%%
12
Jun (13
9
13% July
Apr
8
3
85
14
15% July
93% Jun
12
■«-
Feb
Checker C8b Mfg
_1.25
Chesapeake Corp of Virginia
—S
Chesapeake & Ohio Ry common__25
102%
73 a
69'
33%
102
'
?34
734
68
410
1,800
200
2,700
190
34
34 »/a
34i%
102
*101'%
102 Va
600
'734
2,000"
7%.
68%
73%
68
68
11,500-
1;700
•
RECORD
STOCK
YORK
NEW
LOW
,STOCKS
Range for Previous
Highest
Lowest
$ per
share
$ per
share
13
14
15% Jan
3
28
51% July 19
23% Oct
6
65
Feb
69%
Jun
Mar
14
19%
Apr
11% Jun
19% Jun
July
65
x49% Mar
9
Feb
21%
60%
Not
13
Not
15%
80
Feb
Not
23%
88
Not
97% July
9%
88
Jun
Deo
Oct
4
13
Jun
11% Jan
56% Oct
3
26
94
Jan 10
92% Jan
3
July
101
Deo
1%
Dec
3%
Feb
Feb
89%
Jun
98%
Jun
96
5%
Sep
92 %
13
Deo
8%
27% Oct
8
14»
17
24
14
42% Apr
26 % May
36%
Deo
46% Mar
36% Jan
23%
Deo
34%
20
91%
Feb
103% July
94
Mar
95
Dec
129
Jun
90
May
20%
Deo
Jun
15 y* Jun
78%
Jun
oo
Jan
21
34
Deo
87%
Deo
11%
Dec
17% May
7
Deo
Feb
24%
122%
Feb
15%
7
13% July
Corp com
64%
4
13
_.l
12%
12%
*28 y4
27
*97
108
lo
108
1
7
7
Jun
13
147a
5,000
14%
14%
14%
40 y2
*39%
40 Va
28%
287a
283/4
28%
28%
28 Va
1007a
100%
•97
101 Va
177a
17%
.*57%
58%
58
58
23%
23%
410
15 Va
.12,600
58%
,59
22%
22%
22%
23
•23
23%
23
23
14%
15
15 Va
15%
15%
15
11
180
*160
♦160
7%
7%
7%
71%
*66%
71%
:7%
11
21%
21%
21 '/2
7%
7y«
7%
7%
138
♦48
43%
49
22 %
117a
22%
77a
137%
49
8 Va
8
21%
•
21 -7
•
21%
21%
Oct
94%
,18% Deo
20%
Jan
17%
Jan
14%
Deo
Feb
: 24% Feb
28% July
;,82% Not
94
Sep
18%
11% July
5%
2
8
22'/a Sep
26% Jan
3
31
Jan
4
98% Aug 18
•
92
22
94
Jun
92% Jan
15%
Jan
7% Jun
11
30
10% Jan
8
13%
Jan
4% May 31
9% Jan
7
Decca
27
Deo
42
Jun
17
Jun
14
29
81%
Deo
48%
Jan
30 y# Jun
13
39% Oct 10
29%
Feb
34% May
31
Jun
26
50%
88% Jan
5% Jun
13% July
Feb
7%
13
Jun
20
19
39% July
Feb
14%
July
58
82% Mar
9% Jan
7
22
Sep
16
18
29
34% Jun
14
60% Jan
\
13
Oct
Jun
19
*16%
16%,
*16%
16%
*21%
21%
24
3
23% Sep
16
Detroit Edison
7
58
Jan
10
11
9% Jan
7
14
24% Mar
2
Detroit
Mar 29
De
Devoe &
16%
Deo
-
Feb
38
29
Jun
15
Jan
20
13
Jun
16 % Jun
13
22
Jan
26
46
Jun
31% Sep
20
40
Jan
7
46% July
37 % Sep
liy8 Jun
Match
6%
common
1
12% Oct
19
11
Deo
19% May
6% Jun
13
8% Oct
13
Diana
Mar
xl9%May
12% Jun
13
17% Oct
13
Year 1948
Lowest
v
f per share
18%
Deo
i
t
share
Since Jan, 1
(
NEW
.
J per share
S per
;
Oct
9% Feb
24
17
Jan
24% Feb
14
33% Oct
20
40%
Deo
Apr
45% Jun
13
53
10
Deo
Jan
10
Jun
12
20
Feb
Jun
25
July
11% Not
Feb
12 ya Jan
Dome
7
Apr 29
51% Oct
11
Douglas Aircraft
Dow Chemical Co
101% Apr 22
108% Sep
20
48% Feb
Oct
43
106%
X18% Not
31%
90
Jun
,
110% Oct
Apr
29
17
Sep
20
78
Sep
19
•86% Jan
20
8
20% Oct
18
May
14% Oct
11
98
Oct
12
Deo
12% Deo
11% Mar
8% Jun
13
43% Jun
14
Feb
28
97% Jan
3
24% May
4
21
Jan
Feb
94
111% Aug
124%
99%
116
15%
Jun
Jun
Jun
119
Deo
18
Deo
Oct
18
Deo
20% May
19% Not
12%
Deo
88%
Feb
187
Sep
89% Deo
14
Dee
82
Mar
10%
Deo
92
Deo
8% Jan
89% Nor
11
Feb
12% Feb
1% Not
22%
Jan
46% May
175
33%
16%
106
8%
Eastern
13% Jan
7
7
13
18
Jan
Jan
12
94
Aug 12
Jan
10% Feb
4
14
Apr,
Jan
94% Oct
19
101
May
Jun
1
Jun
16%
Oct
32% Jan
32% Mar 18
2% May
1 Ya Jun
13
7
43
33% Apr 29
12% Feb 25
Jun
18
Jan'
10
5
2
18
7
15% Apr 14
*
36% Oct
:
2% Jan
preferred
6%
Edison Bros
7
51
10% Jun
2
13% Mar 24
Elgin National Watch
Not
27%
Jun
17% Jun
13
23% Oct
13
Elliott Co
Dee
74%
Jun
48
Jun
IS
61% Oct
13
5%%
Deo
49
Oct
42% Jan
14
Feb
9% Mar
2
23% Aug
8 % Jun 14
Radio & Phonograph
6
17% Oct
13
Empire District Electric Co
Endicott Johnson Corp common
16
100% Jan
24
4%
Jan
Feb
89
Sep
4
Dee
4% Jun
6
9 % Jun
IS
14% Jan 21
48% Jun
1
61% Jan 24
68%
55
9
Apr
11%
Dec
For
Jan
68
Jan
25
5% Sep
6% Jun
13
10% Jan
w6% Jun 28
10
5
Erie
5%
RR
28
Eureka Williams
7
Oct
13
Jan
4
53% Oct
6
Jun
15
5% Apr
6
Bldg
common
preferred series A.
& Pittsburgh RR Co.
Erie
3
26
preferred
Equitable- Office
4%
31
36
49% May
7% Mar
footnote
July 12
6% Oct
3% Feb
Jan
20% May
8%
13
Not
6%
7% Mar
Deo
Jan
16% July
65% July
9% Deo
84%
33% Mar 25
104
49%
50%
50%
50%
107%
*105
Evans
Products
109
•108%
Corp
177a
18%
177/a
18%
81
*77
81
*79
20%,;.
•19
20'/a
*19
1,000
'187a
19%
12,300
20 Va
14
14
54%
124
1227a
1227/a
102
•101'/a
13%
14
53%
53%
123
*122%
102%
*101%
•;
100
80
1974
♦19"
"
.,
137a
:
133/4
,
3,300
14
113%
;
10%
9%
10
10%
10 3/4
43%
*188
„
96
1
38%
43%
437aV
15
40%
12%
.;
:<
-
91%
91 %
•91%
117a
12%
-12
7%
14%
1%
40 %
•12
12%,
22%
96
7%
38%
14%
37
*94 7a
377a
15
1%
17a
40%
4074
12 Va
23%
12
23%
•
40%
4074
*11 %
12
61
61
*47
26
26
15%
2,100
18%
t J
,16
22,000
"
10%
10%
1,500
.
1074
10 Va
10%
437a
433/.
43%
195
<
•190
-2,700
~
9,200
10
195
27%
267/a
17%
17%
92%
92 Va
12 '
12 Va
117a
11%
*94 7a
95%
94%
'"<>
27 '
17 Va
•94%
2,200
2,200
•
70
92%
2,300
30
"
81
•<"
38
*
3774
•
774
8-
373/4
37%
8 '
6,900
377a
3,400
'
15%
15%
-
*
4074
41"
12%
36
1%
174
15%
15%
36 *
12
*36 Va
1%
174
41
12
-■
40%
12
15 %
2,300
;
37
200
1%
5,500
40%
12
■'
1,800
5-
600
'
•23%
23 %
23 '
23 Va
23%
61 Va
61%
61%
617a
*60%
V
49
49
49
50%
51%
300
25%
49
2574
18%
80
23
'
€1
49
■:>
117a
*91%
943/a
36
174
1%
*59
,
26%
15%
'36
36
*47
49
*1078
17%
8%
8
373/4
15
23%
200
300
10%
27%
'
8%
377/a
*35%
'
•
:
'
'94%
96
7%
183%
15% "157a
43%
-
12%
•
10%
10%
<
92%
12 VA
*35%
407a'
63
17%
600
"
;
'
17%
•'
92%
37%
'
23%
*61%
17
,
114
♦190
27%
17
♦94
"
l7/a
*46 %
17
*113%
:
'
114
11
195
"y 267a
27%
12
'
23%
*190"
- -
267a
17%'
37
1%
190
190
'
92%
.7
38%
*35%
43%
i
-■
■
7%
*14%
7 190
26% '-27%
27%.
•94%
97a
43% .-43%
43%:'
190
,
18
.
V
1174
101
18%
:
15%
11%
-15%
11%
123
101
10%
18%
15%
11%
9%
123
101 Va
*113%
15%
18%
15 Va
11%
52,000
54%
54 Va
123 %
101 Va
.11%
18
18
18 Va
15
12%
"
10 Va
*10%
18
10
7%
■V
,114
*10%
10%
'114
114
113%
10%
114
547a
53%
123%
.
-
102
—
'
13%
53%
137/a
200
108 Va
81
•19
5,900
107
80
*77
20%
54
12,600
50%
108 Va
18 Va
84
*19
13%
29,700
71
*106 Va
109%
*78
53%
173/e
50%
:
107
109 %
109%
109
109%
17%
18%
17%
♦105%
,v
93
26
257a
257/a
253/4
25%
5,100
10%
10 %
1,300
*47
26%
10%
.10%
3,800
500
62
If
.
21
108
1
10%
10%
10%
10%
10%
10%
16%
18
177/s
18%
18%
17%
17%
177a
17%
90,000
18
177a
16%
17%
17%
17%
17%
17%
17 Va
17%
17
17 Va
3,400
17%
17 %
17%.
A
32%
32%
32 y2
*3174
32%
32 %
32%
32%
*102
5%,
*10%
*102
103%
5%
5%
1C%
52%
*57 Va
4%
.8
*8%
9%
Eversharp
./;
.*80
52
4%
4%
8V4
8%
9%
9%
?3% .'3%
10%
52%.
*57 %
60
52
57/s
52
52%
-AO
103%
10%
10%
.100
No par
Co
Inc
—
Ex-Cell-O Corp.
Exchange Buffet Corp.
*108%
50 %•
v,
107%
107
107
50%
50 Va
*105
3,300
683/4
,
;
33%
17 %
69 %
50
330
1,600
333/a
17%
68%
*17%-
Electric Mfg Co.
Emerson
x29% Jun
17%
67
1,400
107a
10 %
Emerson
Jun
17 Va
63 Va
*91%
Natural Gas
Paso
7
18
Jan
17
64%
11%
,
26%
18% Oct
84
17%
62%
.88
14% Jan
16% Aug
17
1,600
50%
107a
333/8
6i y4
.88
preferred
13% Jan
104
9% Feb
El
conv
preference
17
Feb
80%
May 16
14
33%
10%
17%
•12%
Nepar
If
10 34
33%
-
Shares
.
-
33
♦50
33
15%
*27 y4
..1
8
Co
50%
107a
•10%
18%,. :
43%
•188
188
Mfl
12 y8 Jun
20% July
10% Deo
12% Jan
29% Dee
97
51% Oct 21
29
9
108
common
337a
34%
10%
10
Electric Storage Battery
34% Jun
Jan
12%
*11
10
Jan
41%
50
13%;
15 y4
Electric Boat common.
17
33%
33 %
49%
the Week
' v.
12%
:■
33
*49 Va
33
54%
*18%
12
,,.11%
..
Sales for
;'p/
:
'$ per share
12%
61%
114
_1
(The)
Oct. 21
-
100
Auto-Lite
r
share'
Xl23/8
12%
20%*
10%
Co
f per
share
49%
49
Friday
'
17 y8
-180
common
per
12%
32%
32%
;;
17,200
33%
114
——
Nut
'.%
12%
•
17 Va
17
33
18%
54%
8
Stores Inc common—2
Stop
Electric
32
•101
preferred
4%%
12%
3(100
Oct .20
■;y|oct. 19
$ per share,
12%
12%
6%
Thursday
■'
t per share
■:
87a
17
163/4
17
Wednesday
Oct. 18
123/4
8'/a
3%;
PRICES
AND-HIGH SALE
Tuesday
102%
preferred
4%%
5%
16%
32
84
*19
common—.—18
56%
19%
16%
400
2.100
123/4
12 3/,
50%
.
-18
*
12% Deo
X0B
8%
16%
1,700
ft'"'-
42
123/4
17%
18%
.18
48% Deo
Jan
8%
8%
yiiim
33%
33%
*40%
62
•79
Convertible preferred
sJBf par
Elec & Mus Ind Amer shares
14
12%
8%
*101
Inc—
Ekco Products Co
Elastic
12%
Oct. 17
34%
34%
17%
Manufacturing Co
Eaton
41
12%
■:
33%
41
123
Eastern Stainless Steel Corp
■
Oct
33%;
41 Va
Monday
12%
*61
.a
Eastman Kodak Co
47% Mar 29
19%
33%
*122%
Co
Airlines
2,000
19 Va
•122%
Eastern Corp common.
14% Apr
58
37%
lagle-Picher
19%
41
No par
No par
16% Mar 29
19%
32%
8%
*13%
10% Mar 30
193/a
19%
16%
8
1st pfd.
*193/a
41%
8%
No par
Duquesne Light 5%
D W Q Cigar Corp
1,300
33%
10%
33%
series
series
12 Va
18%
16%
;
12
33
8%
12%
123/a
*41
-12%
900
127a
41 Va
12%
VvV/'-
6%
22 Va
12 Va
19 Va
16%
f per share
*6 3,'a
e%
33%
12%
>,
,
22'/a
18%
;
1,900
55
-
6%
22%.
*12%
5,100
8,200
22%
-
*213/4
y
•
*217/a
32%
*40
10%
14
8% Oct
33%
10%
14
6
19%
12%
10%
12
Jun
19 Va
*33%
*
12%
*52
55
♦52
55
6%
•21%
21%
7
10%
10
88
12%
■,}< 21%
12%
12%
12%
*
Va
6
6%
22
*21%
22
*21%
55
!
*52
•
.
.«*6%
6%
.76%
6%
-1*2
55
*52
55
/22%
22%
227/a
22%
23
22%
7
(E I) & Co-
$3.50
7
Jun
23
10%
Corp
Preferred
21% Jun
19% May
92%
2274
109%
.'102% Aug 26
5
Deo
227a
6%
No par
$4.50
13% Jan
223/4
109%
Preferred
190
47
107%
1
.
47
48%
12% Jan
164
47
►105%
124% Oct
Jan
Jun
48
3,600
27%
47%
50%
29
'
277a
'43
48%
115% Jan
7% July 11
7% Jun 14
38% Jun 13
273/4
47%
49
18
Jun
27%
46%
47
46%
*48%
20
,13
28%
48
33
15% Jun
26% May
18%
21%
27%
*32%
Jun
Jan
10%
21'A
28
Saturday
9% Jun
112
21%
27%
16%
Common
8,300
■yy
2174
'
21%
If
Duplan
1
77a
774
27%
*8%
common
1,600
29
29
'y
21%
-NO par
-
Du Pont de Nem
113%
21 Va
34%
347a
.
26%
*52
8
Ltd
Mines
54% Sep
•
213%
35
21%
No pax
$3.25 2nd preferred
No par
Dresser Industries common_-___SOe
3%%
conv
preferred
...100
Dunhlll
International
1
11
Jan
217a
8
22%
$4 preferred series A
11
101
Jun
July
May
106%
83
77a
JNo par
Pepper Co
Doehler-Jarvis Corp
4
Apr
7%
-No pax
Dr.
21
50%
Feb
Feb
Apr 26
20
87%
7%
-No pat
Oct
Feb
29%
7%
LOW
A
18% Sep
Not
97
Class
71
82%
29%
7%
7,500
1,400
28
1
34% Oct
47
•347a
29%
1,700
/
267a
39%
•
48
Par
3
1
39%
34%
29%
Oct. 15
Dixie Cup Co common.
14% Mar 29
39%
34%
i2y2
Dlvco Corp
8
Jun
20%
39
30%
4,600
8
26%
39 Va
8
39%
12%
share
27%
39 Va
_—.
.
1,700
21%
STOCK
YORK
77a
*26 3/4
90
r.'
9
77a
■'
7%
27%
35
7%
EXCHANGE
Highest!
Lowest
Highest
$ per
Not
25
Range
y.
/
7%
27%
8
29%
STOCKS
,
Range for Previous
97 Va
83/4
38%
—1
Corp
Stores
•96%
87a
*34 7a
2
Distill Corp-Seagrams Ltd.
9.7%
83/4
30%
7%
25
,13
*96 Va
9
35%
41
Car Co
97%
87a
39%
30
.66*
Diamond T Motor
*96%
38%
41
preferred
par tic
4*3/, Feb
21
14
9% Jun
96 Va
28
12J0
No par
Raynolds class A
Diamond
96%
*34%
.
7%
I,
Vilblss Co
96%
967a
27%
27
27%
*21%
1
Corp
Steel
5,700
967a
8
8
7%
26%
7%
Detrdlt Hillsdale & S W RR Co_100
Detroit-Michigan stove Co
1
28%
Dec
19%
Oct
26%
22% Mar
35% Mar
4% Jun
13% May
Deo
8%
'.!■
8
20
20 $ Jan
50Jun
1,000
29%
96%
9
9
8%
8%
30%
Jan
21%
297a
9 '
35%
60%
*21 Va
29'/a
97%
39%
21% May
•16
21 Va
29 %
97
30%
Apr
16%
21%
*96%
39%
Deo
16%
21%
29%
*96%
*34%
20
16%
21 %
29
97%
27%
16%
100
*16%
97%
*7%
200
29
*96%
27%
50
13%
21%
*96
*8%
Rubber Co
95%
13 Va
16%
97%
>■
*96
127a
95%
13%
13%
97%
*96
108
28%
12%
96
*13%
21%
287a'
29%
127a
96
*13
12%
♦96
13
*16'/a
7
21
6,600
127a
96%
12%
12%
96%
*96
13
21
29%
28%
Records Inc.
56
.
28
1
7
preferred
Delaware & Hudson.
Delaware Lack & Western
80
Delaware Power & Light Co—13.60
Denver & Rio Orande West BR
Escrow ctfs for com
108
Escrow ctfs for pfd
100
21
V
13
7%
15
40% Jan
13
Jun
♦12%
Deep Rock Oil Corp
Deere & Co common
12
Jan
36% Sep
Mar 29
13%
preferred
Chemical Corp (Tfc«)
Dayton
Sep
8%
common—2J0
*12%
Dayton Pwr & Light common
Preferred 3.75% series A
Preferred 3.75%
series B.
May 12
8% Not
84
95%
conv
Davison
29
99% Sep
V
95%
12%
J 9%
96
12%
Davega Stores Coip
24
17% May
13
31% Aug
Jun
Jan
14
5
Jan
*16% Mar
15
12%
*95%
pfd series A.
■3%%
Aug 18
96
4
Jan
,87
Jun
; 85
12%
.100
Dana Corp common
15% Mar 18
800
22
•21%
D
9
1,400
20%
140
•136
213%
21
24,800
20%
21
140
•136
i 140
•136
*5,100
8
7%
8%
390
49%
49 3/a
:
49 :>
■
1,200
36,700
140
139
139
1,360
■;
8
77a
73/4
y.
49%
20%
-
r
21%
*21
21%
21%
20%
140
*136
--
22
10,000
8%
70%
11%
7%
8
7%
20%
20%
140
73/a
•667a
117a
8
49
7%
7%
20%
7%
70 Va
11%
:
21%
138
180
•160
180
1,166
1,200
7%
138
132
130
*136
21%
11 Va
-
/15
15%
217a
70
11 Va
21%
.
fv1:
21
140
21%
11.
11
,7% '
.
*20%
11
.
.
*66 Va
;
7%
•66%
23
i"
*160
180
7%
-
•
21%
11
.
22
*136
58
•160
180
7%
*66%
7%
.250
173/4
59 y4
72
3,200
101
59%
15
287a
101%
18
59%
15
500
40
-
28 3%
-
*97
IOV/2
57%
*38%
,
17%
*100%
101
*
17%
17%
17%
180
147a
14%
101
*48
26% Jan
Mar 14
19% Sep
1,000
40
28'/4
128
4
7
2,700
27 %
14%
*97
48%
21
12%
27%
40
101%
128%
Jan
27%
101
48%
9% Apr
12%
17%
*127%
24% Jan
1274
277/a
14%
101
No par
1
Class A
1
Cushman's Sons Inc 7% pfd
100
Cutler-Hammer Ind
No par
137
100
127a
27%
40
•97
No par
3
267a
99%
12%
27%
27%
9,300
26%
14%
28%
,7%
14
12%
27%
2,900
99%
17 %
7%
preferred
Curtlss-Wrlght common
12%
101%
*66%
Prior
12'%
1,500
4%
2%
2%
27
*99%
100 Va
*99 %
610
182
4%
100 V,
2Gs/a
27
26%
27
100 Va
101%
*160
$7 preferred
2%
2%
2'/a
26%
*99 y2
101
15
Oct 21
2%
2%
40%
7%
y4 Aug 18
181%
4 Va
2%
•97
*22%
Inc
181 Va
4Va
101
100
Press
181%
4%
102
59%
pfd
182%
27%
14%
*40
28%
182'/4
4'%
12
27%
14%
40%
182%
4'/a
2y4
12
27%
*39
64%
5,200
647a
64 3%
,
.150
102
65%
100 Va
3,700
247a
100%
643/4
♦4
660
24%
•100%
102
*100 Va
102
♦100%
.
100%
247a
101 Va
65%
27
26%
♦99%
101
/
64%
4%
2%
2%
27%
247a
•160%
24%
24%
100
182%
184
*4%
110
3,100
55
64%
64%
64 %
100 %
7% preferred
Cudahy Packing Co common
4%%
preferred
6
101%
110
1,800
10
55
102
27 %
14%
*9%
55
*100%
•99'/a
27%
10%
55
24
4 %
2%
10
55%
55
903
50
10%
55
100
*182%
184
%
100
non-cum
•4974
10 Va
54%
23%
17%
6%
4974
10 Va
9%
*99 y2
64%
*182%
17%
RR
493%
50
*49%
50
•49%
9%
24
100
preferred
14%
56
*iooy4
101%
•101%
conv
147a
100
19
"•% Jan
133
Zellerbach
10%
14%
23%
100
*100
f
2M
No par
i
No par
10%
14%
♦99%
24%
24%
Oct
8
18% Jun
July
preferred
10%
14%
50
55
56
56
J1
common.
10%
14%
7
Sep
x31% May
Co
10%
14%
*9%
*99'/a
106
1
1
preferred
Inc
10 y4
14%
*43%
10%
10%
14%
£0%
9%
*21%
50
137
Jan
14%
*43%
Cunningham Drug Stores Inc—2.50
Curtis Publishing com
Ho par
May
12% July
21% Mar
*14%
217a
•53
10%
10%
10%
•54
54%
♦54
54%
Cuneo
140
28%
10%
*54
8
14
61
54
1
28
Feb
Feb
22%
54
13% Feb;
Jun
Dec
22
54%
23l/4 Aug
43 % Jun
109
Aug
22%
*54
Cuban-American Sugar common__lt
8% Mar 29
Jan
2,900
*22%
54%
Cuba
73
1,100
13%
22 y4
Apr 21
May
22
54%
107a
147a
13%
5%
16% Sep
65
13%
8,500
13%
22%
72% Jan 24
13
10% Jun 14
16
Feb 28
4% Feb 24
Jan
150
4%
133
Jan
160
64 Va
13%
13%
13%
$4.20
preferred
-No pax
$4 2nd preferred.
Crucible Steel of Amer 00m—No par
7
14
24
24
8
27
6,200
65
64%
13%
21%
Crown
13
Oct
Jun
60
July
47%
18%
May
64%
21%
$2
98
31
64
*13%
preferred.
Creameries of America.
Cream of Wheat Corp (The)
Crown Cork & Seal com—
7
29 y4 Oct
64%
13%
13
101% Oct
30
7
5% Jun
13% May
88
July
160
Jun
177
Apr
V* jun
12% Feb
17% Aug
12% Feb
7%
Jun
28%
Dec
155
Jun
5Ta
22%
3%%
18
19% Jan
574
13%
Crane
20
12% Oct
63%
64
Shares
share
"
57a
57a
6
5%
*22 V4
Coty International Corp
100% Aug 18
7
1
13% Oct
Not
25
7
Feb
23
Dec
17%
85% Deo
2% Oct
8
63%
5%
5%
5%
14
7%
32% Jan
Jun 27
65%
64
S per share
t per share
share
5%
13%
Coty
9
13
8% Jan
J an
24%
Mar
x21
Jan
0
,
19
6
Sep
4% May
5%
5%
$ per
$ per share
Co
No par
Copperweld Steel Co common
•
Convertible pref 5% series
it
Cornell Dubilier Electric Corp
Corn Exchange Bank & Tr Co—20
Corning Glass Works common
f
3%% preferred
100
Cum pfd 3%% eer of 1947
100
Corn Products Refining com
26
7
11
19
19
28
65% Oct
3%
29
Sep
189
6
3% Mar 25
1% jun 11
21 % Jun 13
171% Jan
Mar
177
Oct
102
6
Jan
57
68% Mar
26 % July
Apr
20
tper
t per share
Copper Range
17
19% Jan
6
62
Feb 15
12% Feb
49% Mar
OCt
98
Oct
68%
104%
-
Jun
7
<
Sales for
the Week
Oct. 21
Oct. 20
Oct. 19
5
Cooper-Bessemer Corp com_.
No par
$3 prior preferred
55% May 13
13
20
49 % Jan
67% July
18
.
Jun
12
Oct
42% Mar
Par
_1
Continental Motors
Continental Oil of Delaware.
Continental Steel Corp
7
Sep
14
11
Oct. 18
Friday
Thursday
Wednesday
Tuesday
Oct. 17
Oct. 15
share
8% Jan
5V4Jun
47% Feb
48%
f per
share
Jun
10%
Feb
6
$ per
Highest
Lowest
PRICES
HIGH SALE
AND
Monday
Saturday
YORK STOCK
EXCHANGE
NEW
Range Since Jan. 1
;
Tear
Monday, October 24, 1949
FINANCIAL CHRONICLE
COMMERCIAL &
THE
(1606)
18
'
50%
*3 y4
103
57a
♦102
103
103%
32%
*102
32%
103
33
101%
1,400
337a
50
102
53A
53/4
57s
5%
57a
8,800
10% -107a
10%
10%
10 Va
10%
6,000
513/4
52
517a
517a
*57%
60
574
57a
107a
1074
52
52
52%
59
*57%
52 %
900
57%
57 %
50
4%
4%
47a
4%
4%"
4%
47a
4%
474
3,300
8%
87a
87a
874
874
87a
87a
93%
87,
8%
1,300
60
9%
51
3%
*57%
9%
60
9%
97a
9%
51%
974
5174
5074
37a
37a
*3 7a
9%
97a
9,600
'
51
51
•
♦37a
3%'
"
51
374
51
*3%
51
37/a
1,500
100
Volume
Number 4849
170
THE
COMMERCIAL
NEW
Ranee for Previous
Year 1048
-
Lowest
Range Since Jan. 1
.
Lowest
Nov
84%
34
Oct
Jun
19
Jun
33%
13
41% Jan
LOW AND
Saturday
28
25% Oct
21
19
21
1
% Jun
8
Fairbanks Morse & Co.
Fajardo Sugar Co.
Palstaff Brewing Corp.
Not
11% Jun
11
Feb
16
35 Ya
Feb
15% Oct
f
<
7% Jan>
9
15% Sep -14
32
6
38 V4 Jan
Jun
20% May
14% Jun
17
5
Dec
12% May
3% Jun
14
90
24% Feb
31% May
Feb
Feb
18
10
31% Sep
95% Mar 23
99% Jun
Aug 17
6% Jan
9
■
20
104
29
Sep 21
Dec
24%
8e?
12
20% Jan
6
Dec
26%
Jun
12% Jun 14
17% Jan-
63%
Feb
69%
Oct
63% July 13
74% Oct
42
Jun
43
Jun
105
50% July
20% Aug
Dec
103%
53
53
107%
Not
40% Mar
14% Feb
28%
42%
Not
*104
Dec
96
July
6
50% Mar 81
May 16
107% Mar 17
Jan
3
98% Jan
May
Dec
Dec
36% May
15% Jun
12%
Dec
21%
12
22%
40%
Dec
9% Mar
Jan
9 % Sep
78
Dec
Dec
NOT
92%
Dec
38% May
25% Jan
Mar
9%
Dec
May
_
90% Jan
17
18
22
9
Feb
Jun
13
26
55
11% Jan
19
16 % Jun
6
16% May 27
20% Jan 12
Feb
17% Mar
12% May
24% Jan
84
67
Aug
26
Sep 26
6%
Dec
10% May
V 4% Jun
10% May i
4% Jun
16%
Dec
20
Oct
78% Feb
15
7% Apr
4
Gabriel Co
7% Oct
7
Galr Co Ino
17% Jan
6
9% Jan
10
41% Jan
12
Dec
9
38%
12
Dec
48% Aug i17% July .
13
23% Jun
15
12%
Feb
16%
Not
-
.6
Aug
Oct
32
>
,
6
Oct
18
<
Feb
i
25
«
Jun
15
■
'
ADr
Dec
Dec
16%
Feb
■'
99% Mar
42
'
Jan
8%
;
26% May
18 % May
105%
Dec
100%
6% Feb
3
;
,4
14
f
32% Feb
23% Jan
«
13% Jan
3
25
41% Sep
?.
99
May v
11% July
159% Dec14% May
Apr
9% Mar
«
13
103% Jan
:
Jun i■
106
146
.?
14
15% Jun
63% May
Feb
13
3% Jun
May
i
15% Oct
9
Not
15
27
•'
6
i
Oct
10% Jan
13
9% Feb
24
Jun
13
28%
NoT
44% July
18
Dec
24
*125
Not
-
Jun
24% Jun
14
17
,
Jan
28
Jun
144
Jan
129
Jun
17
31% Mar
43
May
34
Jun
28
34
41
31
Mar
87% Not
0
118%
96
Jun
93% Jan
40
J
'
x6% Jun
14
Oct
\
44% Jun
15
„
Feb
128%
Jun
f
108
Jun
i
1
123% Jan
97
<
7
Year 1948
Lowest
9 per share
U
60% Mar
119
66
Oct
93% Feb
12% Mar
16%
Feb
12% Nov
$ per share ;,
":
Not
51% Jun
123% Jan
5
Jun
x97;
Jan
6
17%
Jun
13
Feb
25
26
Not
22% Jun
17
2%
Feb
10%
Dec
15%
18%
Dec
Sep
4% Mar
22%
Feb
24%
Nov
110%
Feb
22%
Dec
21%
Dec
98%
Apr
66
►
29
Jun
May
128%
Jan
6% May
30% Jun
31% Jan
132% Oct
29% May
30 Ye May
102%
Oct
'
29% Oct
16% Mar
11% Jan
3
16
15% Jun
14
May 19
6% Sep
24% Jan
4% Feb
20% Jun
24
Oct
30% Oct
122
7
29% Oct
18% Jun 23
10
22% Apr
Dec
99 % Apr
4
Jun
15% Jun
13
21% Jan
5
July 19
77% Apr
11
102% Jan
Dec
30
Dec
90
May
67
72%
Jan
82% May
64
Sep
26
73
5% Jun
15
12% Feb
Mar
4
Feb
39% May
96 % Jun
24
Dec
79% Jun
1
Jan
Dec
25
121/4 Jun
14
17% Jan
75
Dec
85%
721% July 11
X78% Oct
19%
Nov
28
48%
Feb
21% Jun
4
Mar
113
Mar
14%
Dec
47% Mar
94% Mar
May
65% July
6% Oct
17% Jun
48
July
91
17
103 Y* Aug
100
Jun
24
38% Mar
60%
Oct
34
Jun
14
96% Mar
105%
Oct
98% Jun 20
Dec
23%
Jun
Dec
6%
8%
Jan
15
2%
5%
Feb
15% Aug
18
18
Feb
35
23
Nov
31
Nov
99•
89
9% Mar
Mar
29
5% Feb
Apr
10
14
May
Jun
20% Mar
931/2 Apr
26
14% Sep
11
Jun
32
Jan
6
Feb
16
Dec
23 Ys
132
Feb
145%
.
Corp.
28'/a
28%
283A
28%
287a J
283%
28%
24
24
24
•24
"
24
24
247i
24
9
9
974
974
•9
9%
97a
93/a
97a
*24
54-fa
547a
54%
55
547a
157a
153/4
15%
16
•157a
17%
177a
177b
18
177a
687a
683A
68%> '
6874
683A
6874
57a
6%
5%
7y«
5%
6%
17'/a
..
57s
6%.
17
57a
67s
•
17
*54
157a
*157a
16
1,100
173%
177t
17
1774
8,300
6874
687»
67 7a
68
4
300
6%
2,300
32%
16%
14%
14%
5 7a
5Va
47«
27%
26%
26%
*2574
27
19%
20
♦19%
193/4
19%
193/4 ;■
19%
19%
17%
177a
177a
177a
173/4
177a
173/4
18
*
.
♦27
t
32%
32
32%
16%
16
16
16
16
17
17'/a
*17%-:.
14%
14%
147a
5
5
*105 »/a
103
IO51/4
15%
15 y8
*26.
•1051/4 106
IO51/4
45%
45
45
45
103
102
V
109
10 %
10%
15274
*152%
12
<
8
»
107a
154
12
10%
*1521/4
74
*73
*27,
;
'
28 *
•27
•
v
Xll7a
77a
774
774
.74-
73
133
47 Y»
47
*51
*99
'
V
-517a
647a
10774
99
136
•19
473/4
300
273/4
300
50
377a
32,600
371/4
.
X467a
47
52
52
52
128
•127
128
•127
128
108
•106
108%
•1061/4
100 i/a
517a
AND
HIGH
SALE
64%>
1247a
637a
;
101%
♦124
Oct. 10
100%
$ per share
647a
125
52%
52 y2
52%
2,400
127
127
*1061%
130
108
100
Oct. 21
Oct. 20
■"
657a
39,700
1243/4.
1247a
124%
1007a
1007a
1007a,
101
101
-1,500
1,300
1007a
657*
18 3/a
•173/4
18 3/a
*1774
1874
2.000
29
29%
283/4
29
29%
293/a
29%
297a
29 7a
297a
143/a
147a
14%
143/a
14%
14%
147a
14r%:
147a
14%
2,800
2,100
3%
3%
3%
3%
*3 3/a
37a
3%
3 5/a
37a
37a
3%
3%
1,500
15%
157a
20,700
,
18
18
*18
18 3/a
18%
153/s
15%
15%
157a,
15 3/a
15 74
157a
15%
157a
183/i y
183/4
19
19
*18%
19
•1874
187a
18'/a
187a
*122%
19t
124
•122%
124
•1227a
6'/a
*233/4
*2074
108
:
►122%
6
61/4.
247a
*99
283/4
•21%
•99
17%/
V
9%
23 3/4
233/4
24
29
297a
29 Va
:297a
297a
106
1067a
1067a
107%
1067a
1067a
287«
29 Va
237a
107
297a
6 %.
2174
29
283/4
*21%
103
17%
com—No par
32%
327«
No par
•84%
9
9%
6
15
No par
*78
common
6%
2.50
♦21%
103
17 ya
213/4
♦99
■,17%
29
17%
10
327a
327a
323%
327a
33%
85
85 74
857»
87
87
14%
143/4
147a
147a
14
79
78
93/4
•
t
62%
♦108
177a
1021/2
40
No par
12
1
2
5
;r
♦73/a
81
25 7s
22
*52 l/a
10
10
' Jill
♦108
39'/a
12
♦12
2
17a
7%
102%
102 74
393/4
-
3974
No
7%
7%
26%
par
23%
23 %
*25%
253/4
25%
25 3/4
100
10274
397a
2%
26%
*99
10 3/a
111
'17%
63
v
*23
25 7a
73%
397a
1027a
39%
104
-
2%
7%
12
274
77a
2674'
27
27
237a
25%
23%
237a
•25%
253/4
100
*99
17%
6374
102%
12
2
7%
100
623/4
12
2
26%
*99
-1774
12
12%
23
100
; 97a
*l08
•103
27
27
537»
104
*23%
10
22%
53%
./
25%
22
♦1037a
5
Co (The)
•78
97a
*99
100
•102 7a
•23
25 7a
997»
15%
*133/4
137a
133/4
137a
137a
137s
13%
407a
40%
39'/a
40'%
39%
397a
40
19%
19 3/a
18%
19
187a
183/4
187a
187a
136
136
135%
13674
136%
1367a
136 7a
*66
69
Gt Northern Iron Ore Prop__No par
Gt Northern Ry 6% pfd
No par
6
Great Western Sugar
Jun
1331/2 July
8
144% Mar
3
com—No par
100
60
Apr
77
Jan
66
Jun
3
Green Bay A Western RR
29%
Feb
40%
Jun
33% Mar 19
40% Oct
5
Green
13%
Dec
17% May
11% Jun 22
14% Mar 29
10
Feb
13% May
9% Oct
6
12
July 20
00%
Dec
98
Jun
93% Jan
4
100
July 27
16%
Nov
25% July
15% Jun
100
(H L) Co Inc
1
Greenfield Tap A Die Corp._No par
V
'
103
5,900
100
5,900
10'A
%: 1037a
-
1574
36
15%
*35 7a
15%
36
143/4
35%
*136
137
*60
69
*39%
40
387a
39 74
38 7i
39 74
3974
*127a
*66
69
•66
177a
63'A
•
10
103'A
1027a
1,400
637a
10374
39
397a
104
39%
104
2,900
600
7,600
<
400
87«
11%
700
2 7a
2%
8%
'
104 74
117a
12
...
77a
277a
♦35%
7
1,800
937a
537a
17%
2
153/4
19% Oct
500
200
2574
227a
17%
113/4
36%
43% Jan
•257a
♦53
637a
39 74
♦103
*353/4
3
9,800
10,000
14%
78
'10%
10
111
63
*15%
13
'<
"177a
1
13
223/4
53%
•108
—No par
com
253/4
257a
2274
♦53
7a
*
63'%
104
'•
79
25%
5374
1074
17%
104
25%
111
62 3/4'
•101%
105%
*78
2174 ,213/4
53%
177a"'177a
40
105%
♦78
62%
•
120
3,700
87a
84%
257a
*101%
8 3/4
9
32%
217s
par
87a
2,100
17%
8574
*53%
No par
(9%
67
147a
,25
177a
'
72
♦64
327a
53%
62%
9
*70%
67
"
460
700
21%
177a
727a
•707a
1,500
5,000
■<
103
177a
14%
22 3/a
10
97a
♦217a
*99
103
177a
•64
29
29
85 ¥4
82
No par
2,100
108
31%
253/4
No par
9
213/4
217a
.•99
103
177a
1053/4
147a
227a
:
233/4
30
30
30
32%
*78
HI
7,400
867a
25%
97a
233A
67a
147a
82
♦108
674
-24%
700
124
31%
15 '/a
*52%
1
■
67a
*85%
86
60
100
67.
24
24
28 3/4.
213/4
*99
177a
9%
No par
conv
•122%
67a
70
& Lumb Co.l
124
67a
297a
1063/4
103
173/a
*122%
:
'
•29
22
124
6J/4...
233/4
30
29 ya
213/4
5
124
108
29
100
pfd
Shares
65 7s
1247a
657a
183/4
Co common
for
the Week
$ per share
t per share
65^4-
Sales
Friday
Thursday
125
647a
•124%
10174
52
13,400
PRICES
Wednesdayk
f per share
share*,,
•
8%
8y*
15%
com
City Steel
6,800
"200
100
*99
83/4
*127
101%
18%
87a
*106
1247a
,
100 ya
•99
83/4
10774
Oct. 18
633/4.
IOI1/4.
No par
com
700
,19%
♦135% 1136%
373/4
V47~.
72
•71
•27%-
13674
-
377a
373/4
100
8%
Tuesday
9 per
65 % i
♦1007a
4,200
71 Ye
71
483/4
47
"J 87a
Oet. 17
125 y«
18%
47%
774
Monday
*1243/4
17a
128
•127
I per share
>
37%
100 Vs
*99
8%
51%
517a
128
108
*
100 7a
77a
*107
77a
'
8%
*127
77a
133
46%
•
2,200
27%. J 27«/a
377a
10
12 y8
•1874^ 197a
"
3,800
107a
12V*
197a
136
200
127a
73/4
77a
2,100
134
•152 »/4
154
.
27%
37
•
12
71
37%
44
10274
10%
107a
•152 »/4
191/a
37%
r 100 y«-
8'/a
10 y4
10%
10
•105%. 10574
44
71
37%
2,800
6,700
•102
12 J
*135
19 3/4
is y8
45 Ya
133
133
100
197a
103 ya
27%
47
47
?
73
2,200
177a
1053/4
273/4
-
6,800
4%
•102
19
*27 7a
19
151/2
2674
'
19
28
18%
135
•> * 37%
900
47a
15 %
5
44
4
154
12%
"
19%
103/a
•152%
12%
77a
7%
*73 V:
/
107a
154
1274
■-v.-
-
300
*25i/a
157a
•1051/4
45
♦102
17 7»
2674
•26
263/4
102 %
10%
...
800
16%
17%
•16
17%
47a
5
44%
152-%
i.
32%
•32
16 ya
17 y8
102%
103
117a
321/4
321/4
•16
17%
,
5
5
'
457a
*102
67.
6'/a
'
17%
106
*45%
67a
63/4
17'/a
14 y. '"'14 7a
"
20% >20%
177a
177a
♦1057a
6 5/8
"67
preferred
4,200
32%
67a
70
1%
7 Va
177a
5%
29%
11% Jun
Sep 26
•7
•17
5%
17%
67a
32
*64
conv
1,800
7ya
17%
*17'/a
6%:
71
(2.25
5'/4
7
:
No par
Inc
440
•17
:'»5%
5%-
71/4
17
17
6
tou.
800
54%
54 3/a'
17
10c
3%% preferred
Grayson-Roblnson Stores
Sep 20
1,900
157a
67
(W T)
300
93/u
547a
71
Union
9%
97a
6%
1
(B F)
0%
683%
7%
17%
160
974
97a
9%
16
53/a
71/a
*17
300
340
2,400
5474
♦64
Granite
9
66
277a
.
147a
33% Jun
3
27
263%
293/a
,16% Jan
Jun
27
73
Grant
14 %
95%
147a
Jun
*
87
95%
100
Graham-Paige Motors..
Granby Consol MSA P
7
36% Oct
86
957a
67
Grand
16% Apr
853%
957a
No par
preferred
5,500
8574
957a
par
10c
Gotham Hosiery
23
100
26%
857a
95%
•64
26
14
40
27
26%
85%
1
No
(5 preferred
,
Oct
26%
147a
26 y4
*71
29
Oct 21
28% Jan
7
5
5,300
6%
No par
Co
(5 preferred
7
8% Apr
4
16% Jun
2,700
1374
33%
16%
No par
Goodyear Tire A Rub com—No
5
3% Jan
11%
1374
71
Goodrich Co
27
16% Mar
19
16% Jan
Oct
36%
Dec
Jun
Oct
--
July
15% May
50% May
Xl2
10
5
Aug
9
45% Jan 26
":--l%May 12
11%
1374
9%
*99
Gleaner Harvester Corp
104
Sep
117a
137a
26%
LOW
Goodall-Sanford
106
15 %
11%
1374
96%
Satarday
5
19
14
15
117a
65%
Oct. 15
19
29
52% Jun
Oct
15
117s
26%
:
preference
900
15
15
*6%
,>■ *32 7a
.*
*15%
1
Sep
14 % Jun
64%
.
4,400
13 ft
18
i
—
('xuic;
1674
15%
67
V/o
167a
1374
71
4%%
600
16 3/a
11%
*64
kxuuucu
22 74
13
.100
(4.50
22
•
No par
com
30
104
*103
23
16%
16 3/a
9%
STOCK
Corp
preferred
conv
8,000
24%
*133
100
27 7o
277a
27%
104
•22
9%
*19
100
2,100
15/4
16
No par
I
127a
11%
.
54%
No par
com
12 3/a
*87a
*17
_fl
No par
12%
•1023%
23
16%
1,000
27%
104
*22
6474
12%
277a
27 3/a
*1023/4
380
647a
64%
9%
100
64% Oct
24% May
10% Oct
12%
17"%
...
50
12
116
113/4
467a
10574
9%
No par
com
Jan
3
12%
467a
•1057a
•64
657a
273A
1.100
47
106
95 3A
24%
5%
:
100
preferred
Goebel Brewing Co
Gold A Stock Telegraph Co..
13
106
657a-
103 Va
73 3A
74
467a
105'A
46 y4
46%
•105»A
65%
27
7374
73 y2
7374
46 y8
106
_100
(5
53% Mar 25
5% Jan
Not
1,300
46
28
*68%
No par
Equip Corp
Glmbel Brothers
28% Aug 18
23% Oct 11
6
x951/2 Jun
122
7
17
73 3A
74
73'A
*54%
1
Gillette Safety Razor
6
Jun
33% Jan
400
♦8474
'
preferred
preferred
Georgia-Pac Plywood
5
14
15%
9%%
13
17
15%
4%%
7
87
157a
*15%
•
_i
100
Time
4%%
15 V*
85 ya
"
com
Gen Tire & Rubber Co
3
27%
Jun
*
3
com
Refractories.;
General
157a
9%
(6 pfd—No par
General Telephone Corp
20
4
1578
967a
«9
IZjLOO
General Shoe Corp
Gen Steel Castings
27
1,300
15%
267a
*
1
Realty A Utilities
General
10
Jan
430
12%
95%
*24
■1
jp
-No par
No par
Gen Railway Signal com
22
1017a
12%
•
7
Mar 14
1017a
127a
*84%
84
28
No par
5
18%
May
10
8
i
20% Jan
99% July 18
22% Jan
3
2974
101 %
12%
29
30
96%
84
50
123% Oct
Gen
287a
101%
127a
15%
26%
—50
Gen
10
297,
1017a
127a
1674
26 %
$3.75 series
preferred
4,000
X293A
Xl017a
16 Vo
26%
Gen Public Service
9%
1,200
1674
*95%
1
.
Utilities
4%
22%.
10
com
STOCKS
Public
47a
127b
13%
1
3
76
*
19
4%
22%
117a
com.
Gen Outdoor Advertising.
General Portland Cement
14
120
3% Oct
4%
*lu2%
127a
common
Gen Precision
47a
223/4
117a
General Motors Corp com.
.10
(5 preferred———_—;—No par
8
47a
27%
•15
Par
14
117a July 19
2 % Jun 28
1,300
47a
102 >/a
15%
'*15
EXCHANGE
Preferred
177a
27
11%
.
13
*17%
105
13%
9% preferred
I%55> conv preferred..
127% Sep 23
103 *
Sep * 2
19% Sep 26
177s
102
16
per share
14
Jun
1774
27%
16%
preferred
NEW YORK
1774
103 %
16%
,
(1.80 preferred i
Highest
$ per share
125%
99%
18% May
4% May
120
>
1774
30 3/a
467a
22%
General Instrument Corp_
Lowest
-
27%
23%
4% conv 2nd preferred.:
Range Since Jan. 1
Highest
400
17%
101%
74T»
105
*22%
-1.66%
-
35%
♦102
com
Range for Previous
*35
12'/a
1
General Mills
7
35
12
25
13
14
35
12
No par
iThej_
Industries Inc
35
12
preferred
General Foods Corp
6
74%
46 3/a
105
3,900
35
127a
15
foe
II_100
11
108% Oct
15
74%
7,700
147a
35
12
Corp
52% Jan
128% Jun
15%
46%
7a
•14%
*15%
•15%
46%
7a
143/a
101
127*
74/2
7a
•i4ya
293A
101
127a
105% 105%
7a
147a
47a
307a
,
13
13%
General Electric Co
19
30%
100
*12%,
20
General Cable Corp.
4% 1st preferred
.
31 y8
101%
13
14%
*34%
*11%.
^
General Cigar Co Inc
7% preferred
4
30 %'
•looy,
-
7a
14%
17%
35
1
100% Sep
13 V* Jan
.
47a
4'/a
1474
3A
par
common
2
oun
43/a
Baking Co common
8
(8 preferred
No par
General Bronze Corp
5
1
4
Apr
Corp
6
r
48% Oct
4
Dec
Apr
139% Apr
V
3
63 '
Feb
Feb
97
39% Jan
13%
v
Mar
40%
Jun V.
:
Jan
20
'
177a
*4%
General
79% Jan 20
6
:
17%
'
7^
—
(4.25 pfd series A
12% Oct 17
10
Jan
7
*
1474
143/4
1,600
3,500
14%
:
6574
(4.60 preferred
General Amer Transportation
24
•147a.
18
General American Investors
163% Jan 19
-
l
143%
*17%-'
Gaylord Container Corp
17
143%
7a
iq
(The)
(Robert)
conv
14%
14%
18
65%
Corp
Wood
4%%
46% Aug
2
106 • Jan 11
July
*' Jun
/ 65% Apr 25
July
82
Gar
18% Oct 21
107
*
72% Sep
Garrett
7
t
9% Jun. 14
152
21
14%
14 Va
•34%
No par
Gamewell Co (The).
Gardner-Denver Co
26
21% Jun
9% May
45
Dec
11%
'
conv
147a
3,400
2,300
65%
IV preferred
9%
143/4
no par
Gamble-Skogmo Inc
17% Aug 18
119
10% Jun
"5%
27%
!
'
197a
15
*34%
Froedtert Grain &
Malting Co Inc_i
14
'
25%
19%
66
No
Fruehauf Trailer Co common
4% preferred
14% Jun 30
Jan
37%
2574
197a
*65
Freeport Sulphur Co
2
37
25 y4
19%
No par
No par
Co
common
Francisco Sugar Co
Franklin Stores
Corp
7
3774
25
193/4
25
9% prior preferred.
12% Aug 17
10 % May 13
Feb
10
*
Foster-Wheeler
3
37%
25
19»A
10
Corp
3% % preferred
_
3774
247a
1974
14%
No par
Food Fair Stores Inc.
Food
Machinery & Chem
3 % % conv
pfd
18
96% Oct
,30% Sep
25 V4 Feb
377a
243A
197a
35
100
preferred—
Florence Stove Co
Florida Power Corp
FoBansbee Steel
7
8
363A
247a
1974
5
com
Florsheim Shoe class A
1
<
8
68%
f
•/an
x38
47%
Deo
■/*
Oct
Feb
6%
'
b
May
10
35%
Dec
2
21% Jun
(The)
10
Jan
14% Sep
29% Jan
July 18
19% Feb 11
16% May
8% Aug
.2*
89
79
22
2
20% Apr 29
82 V*
•
SKJJ1") Carpet
Funtkote Oo
16% Sep 28
.15% Oct 20
24
Jun
24 V*
105
28
May 26
Jun
47%
7
103% Oct
3
8% Feb
Jan
12% May
Dec
27
13% Jan
3
363/4
247a
a
j-
National Stores
363A
19%
-14%
5
N Y
Firestone Tire A Rubber
4% % preferred
13
31% Jan.
18% May 25
13
Sep
17% Jan
7
26
>
68
11% July 13
21% Jun
7
Jun
Corp
Fldellty Phoenix Fire Ins
15
Shares
247a
\
a
the Week
$ per share
•36%
1
Firxo Enamel
21
Sales (or
Oct. 21
9 per share
19%
.2
Felt A Tarrant
Mfg Co.
6
Sep
Friday
Oct, 20
$ per share
25
*14%
100
19%
17%
:
1
com_
Thursday
Oct. 10
t per share
38
%
19%
■
No par
Federated Dept Stores
4%% preferred
t per share
Wednesday.
*37%
1
Federal Motor Truck
PRICES
Oct. 18
*24
_2q
;
Family Finance Corp common
FAR
Liquidating Corp
Fedders-Qulgan Corp
Federal Mining A
Smelting Chi
Federal-Mogul Corp
4
11% Mar
Jun
Mar
20%
13
Oct
43
16
:
3
SALE
Tuesday
Oct. 17
t per share
-No par
—...
Oct*
HIGH
Monday
Oct. 15
Par
7
Feb
19% Oct
.
5
RECORD
.
9 per share
12% Aug
37
STOCK
NEW YORK STOCK
EXCHANGE
Highest
S per share
9 per share
*10% Nov
YORK
FINANCIAL CHRONICLE
STOCKS
Highest
9 per share
&
25,100
11,200
8 74
4,900
*
28
277b
29
23%
23
23%
1,000
253A
25%
25%
2,000
993/4
9974
9974
50
15
♦143/4
15
15
15
600
35%
*35 7a
367a
357a
357a
200
137a
13%
,137a
13%
137s
40%
397a
40%
39%
39%
8,500
187a
18%
187a
187a
4,400
69
39%
•66
137
136
*66
2,000
310
136
69
,
69
397a
397a
397a
13
127a
127a
12%
12%
♦127a
13
•127a
123/4
12 3/a
10 ya
10%
10
107a
10
10 7a
93/4
10
974
97a
9%
100
99%
99%
•987a
1
17 Va
17 Va
167a
177a
I
57a
57,
5 3%
57a
1,600
39%
1,000
127a
Greyhound Corp (The)—
5% Mar
9
Jun
97
July
5
85
Feb
12%
Not
20*%
44
Feb
41
Jun
57%
Feb
58% Jun
81
Jun
14
Jan
18% July
92
15
24
20% Apr
6
7% July 13
100
Sep 30
•
4%%
3
preferred
Grumman Aircraft Corp
Quantanamo Sugar common
Jan
4
9% Jun
13
14
Jan
7
Jun
14
50% Oct
13
56% Jun
13
71% Jan
7
Gulf
16% Jan
3
20% Oct
5
Gulf States Utilities Co
For footnotes see page 26.
Feb
Common
(5 conv preferred
—No par
Gulf Mobile A Ohio RR com.No par
>5 preferred—
No par
Oil
Corp
f
•93
12%
*49%
101
•98
'
100
177a
177a
177a
173/4
173A
57a
574
57a
57a
574
574
5%
101
98
100
98
12%
117a
12 Va
12%
127a
50
4874
49
49
493/4
68
6874
6874
687a
197a
103%
193/4
20
29
68%
687a:
No par
197a
1974
•
•
•98
70
98 3A
987a
177a
17
9874
♦98
98
-
57a
►98%
48,300
10
18
16,900
■
1,700
•9874
101%
10
127a
127a
127a
127a
127a
6,700
493/4
483/4
48 3/4
•487a
493A
500
687a
69
687a
69
687a
68 3/4
9,100
193/4
20
197a
197a
197a
20
9,400
♦98
127a
•49
101
•98
101
.
I
•
?!
/.si
71
COMMERCIAL
Range for
Previous
Lowest
Highest
Lowest
$ per
share
31
Feb
3 5 Ms
$ per
S per share
*
•
Nov
22 Ms
Dec
16 Ms May
12%
Dec
x
14 Ms May
Mar
107
Feb
27 Ma
146 Mz July
150%
Jan
20 Ma
81
26
4
18 Ms Jun 20
107 Ms Aug
13
Feb
4
May 12
149
3
25
Jun
20
8
142 '
Oct. 13
6% Oct '21
68 Ma Oct
Jan
5
6 Ma Jun
28
5 Ms Jun
7
26%' Jan
19 % Feb
July
8
9Ms Oct
9 Ms Jan
Dec
79
11 Ma
Jun
6 Ma
Feb
IIM2
61
Jan
Feb
Mar
4
.23% Jan
4% Jan
Dec
x20
27
72 Ma July
20Ms Jan
6%
59
Mar 29
\Jan
6
13
Jun
Oct
27 Ms
78
Jan
91
3
13
24 Ms Aug,
20 Ms Jan
Jun
20%
84
Jan
17
94 Ma Sep
30
Jan
3
25Ma Aug
36 Ma Aug
Heinz (H J)
19
Dec
42
Jan
95%
Jan
103
May
98 Ms Jan. 14
105
Oct
10
Nov
23 Ms Jan
4
30
Oct
10
Helme
42% Oct
14
Nov
34%
Dec
3 5 Ms
Oct
34 Ms Jan
6
Dec
22 Ms May
13 Ms Jan
4
,Jun
1
122% Feb
15
13 Mi
41%
Dec
67 Ms
Dec
128%
Feb
30%
25% Oct
Mar
17
Nov
27%
17 Ms
86 Ma
Dec
14%
Dec
25 Ms
Feb
9 Ma
Dec
14
21% Jan
7
Oct
19
84% Sep
1
8Ms May 20
10% Oct
13
30%
11 Ma Jun
15
16
Hinde
&
Co
3
15 Ms Sep
30
Hires
Jun
16
28 Mz Oct
13
Holland
8Ms Jun
29
15% Oct
20
16Ma Jun
20
22 Ma Jan
21
Hollander
Dec
30
Oct
24 Ms Mar 10
28 Ma Sep
16
Nov
42Mg
Feb
34 Ms Jan
3
49 Ms Oct
17
Homestake
35%
Jun
x24
Apr
29
31
23
Hooker Electrochemical Co.
Deo
100
Jun
1
94% Sep
8
13
99
34% Aug 10
24% Nov
99
Dec
11
103
li Ms
Dec
29 Mi
Oct
f$2.25
Jan
Feb
11
Jan
.28 Ma Jan
6
38 *
Oct
13
Household Finance com
Jun
863/s Jan
6
96
Sep
22
Oct
42 y2 Jun
20% Feb
383/s Jun
29% Feb
20
7
483/s May
44% Oct
19
14
Dec
23
Jun
12 Ma Jun
14
9
33
Jan
47
Jun
31 Ms Jun
28
153/s Sep
46 Ma Jan
38
Mar
49
,
Dec
4 Ma Jun
7
11 Ms Oct
19
May
8 Ms Jun
29
17 Ms Oct
19
Nov
33 Ma Jun
9
Feb
7
47% Jan
7
26
14% Oct
13
50
12 Ms
Dec
22%
Jun
Dec
19
Apr
8 3/s Aug 31
Dec
5
May
1 Ma May 23
12 Ms
20
8%
Jan
2
Howard
14%
Sep
10 Ms Jun
Jun
,
Oct
17
6
Foods
Inc;
Hunt
Hupp Corp
—
Hussman Refrigerator Co
15
L
Range Since Jan.
Year 1948
Lowest
Lowest
Highest
S per share
'
Highest
/
YORK
NEW
'
•
25
92
92
36%
35%
*29Mz
42%.
135
16%
16%
16%
15 Ms
16
81
81
*81 /82%
120
35 y4
2(0
"•
10 Ms
10 Ml
14 Ms
14%
15 Ms
*14 Ms
28 Me
28 Ms
135
30
375/s
1,800
X133 Ma
134 Mi
1,190
*17 Mi
X37M8
38
134 Ma
134 Ma
18
17%
2,400
15 Ms
.153/4
15 Ms
4,COO
79
79
: 79%
•78M4
79 Ma
40
10%
10 3/s
10 Ms
10 Mi
•10 3,8
10 Ms
10 Mi
5,100
14 Ms
14 Ms
'14 Ms
14M«
14 Va
15
*
*78
.
*
27 Ms
*19 Ms
I934
*19 Ms
193.4
*19 Ms
28 Mi
*27 Ma
27Ms
27%
28 Mz
49
48 Mi
47 Ms
47%
47 Ms
4 7 Ms
27M4
27 Ms
28 'A
27
47
M4
1
11%
11 Ms
33
33
*97
98
*97
500
48%
18.300
28 Ms
800
■
11%
*32 Ma
107
97
:
,12
4.12
*96 Ma
20
,11 Mi
:/v-'
97 Mz
11%
4,400
;•
"33%
*32 Mz
.
'
*37Ms
93
13%
43%
15
15 Ms
38%
37 Ma
10,
105/s
10 Ms
10 3/4
103/|
,11 Ms
15
16
40 Ms
13%
2 Mi
,2%
16%
14
:
16 Ma
383/4
11
•;
9 Ma
9 Mi
15 Mi
14
16 Mi
16%
Ms
2 Ms
3,900
15 Ms
6,000
2%
15%
15 Ms
-2
2 Ms
153/4
1.100
20.5CO
9 %
9 Ma
,
"
.*16 Ms
<
6,600
15 Mi
/
!
400
3.500
22,200
40 Mz
,13%
v
14 Mi
4.100
16,500
,
.40 Ma
16%
•40%
12 Ms
■;
16%
93/4
,40 Ms
16%
Ms
2
2 Mi
2Mb
433/4
38 Mi
■
i:t
.%
11
13 Ms
9%
93/s
;
48
*15%
.
;
14 Ma
220
95
;,43
,
£%■
17 Ms
.•
40 Ms ■■#40%
r
9s/s
>■
103/4
2,000
38
94
38 3/8
/38
600
*47 Mz
*15 Ms ;■ 16 Mi
-
'
137/s
9Ms
133/4,.
9%
16%
2 Mi
17
,15%
15%
40
:
9%
%
15
40 3/8
,
*393/4
13 Ms
9%
■
*37 Ma
93
.
473/8 ; '47%
43 Ms .',43 Ms
,15 Ma
373/4
43
.
' x;.
: 38
,':93
•;
445/8
15
13%
9%
2 Mi
,
38
•"
40 Mz
i6%;
44 Ma
;;
473/a
'
153/8
15%
15
93
473/s
42%
Ms
3734
377/a
*92
.
47 Mi
39 Ms
103/4
10 Ms
93
Ms
47
39
42
40
.*393/4
: 37%
373/8 .,33
*15
15 3/s
39%
'_1
'47
■
47
*92
93 i
43
41 Ms
*15
V
*92
,473/s
*47%
/
3734
37%
38Ms
*92
323/4
32 %
33
33
'
33 Mz
*33
290
107
107
97
33
,
*
.
'
107
98
,
12
12
11%
107 Ma
107 Ma
107 Ma
107
it
98
*97
*27
28
*27
107%
107 Ma
200
48%
27 Ma
49 Ms
27
I934
27 Mz
27%
15 Mi
'
48 '
br0
19 Va
473/8
193/4
*27 Mz
200
3,900
15 Ma
28
153/4
27 Ms
28
153/4
15 Mi
27 Ma
*14Ms
15%
15 Mi
26 Mz
14%
273/4
15 Mi
/.
200
*14%
14 Mz
\ 27%
15 Ms
15 Ma
28%
11%
373/i
400
126 Mz
*125
125
125
37 Mi
120
4,800
15 Ms
28
.19%.
28%
98 Mz
47 M4
17%
*15 3/s
*28
108
"47 Ma
v
16 Ms
15 Ms
15%
19%
;
127
473/4
18 Mi
27M4
15 Ms
28 i
15%
15.%'
47 Mi
147/s
28
20Ma
16
16
18
*14%
*14%
16
48
134Mz
42 Mi
15 Ms
'
10 Mi
147/s
16
1
79 Ma
79%
10 3/8
•42'
37 Ma
300
30
*41 Mi
*15 Ma
42
/
170
*29 Ma
41 Mi
v
104
*103
30
*29 Ma
700
16Mb
:
16
10%
11%
93 Mi
35 Mi
18
177/s
•
*14s/s
*97%
24 Ms
*92 M»
104
*125
133 Ma ,134
17
16MB
*27%
24 Ms
92 Mi
104
47 Ma
-373/4
37 Mz
135
133
16
126
126
373/4
16
*107
24 Ma
36
'4I3/i
48 Mi
47 Ma
128
375/s
38
*
2,700
92 Mi
30
16
16
473/4
*126
123;
*15 Ml
3,700
*35
30
42 Mi
*41%
16
47%
43
293/4
42 Ms
*15%
*20
6 3/s
23%
103
103
104%
293/4
30
..
*41 Mz
16 Ms
133
1,200
6%
22%
8 Ms
36
*35
36
*103 Mi
104
104
30
.
85/s
6 Mi
23 Mi
92 Mi
92 Mi
93 Mi
93
1.S00
24 Ma
24 %
24 Ma
25
*24 Ma
*35
800
6 Ma
66 M2
6 Mi
8 Ms
6%
23
'
104 '/a
,
38
*
;
Oct.
S per share
Par
/•.
Oct. 17
15
/•
Oct. 20
Oct. *>l
pi
./>-
S per
$ per share
share
$ per
Sales for
Friday
Thursday
V
Oct. 19
the Week
r.
.
Shares
share
•
•
:v
r
36% Oct 11
Idaho
•
Jun
313/s Jun
7.
27 Ma Mar
42% July
22 Ma Feb
24*
62 Ma
Feb
90
73
Jun
95
Sep
95
Jun
13
28%--Jan 21
80 Ma
3 5 3/s
Apr
13
89 Ms Oct
8
6%'non-cum conv pfd ser
29
96
Jan
4
Leased
25% Jan
4
28 '
Jan
26 Ms Aug
"5 Ms
20
30
51 Ma Jun
24%
20 Ma
Nov
7%
May
12 Ma
Feb
Nov
38 Ms
*
Dec
Ma Sep
21% Jan
5 8 Ma
76 Ms
Jun
55
Jun
7,
Jun
155
Jan
11
NOV
30
160
477/s
15 Ms -Feb
Feb
86
Dec
1%
11 Ms
Feb
125 Ma
Feb
103
26% Dec
180
Oct
Jan
22
9% Oct
19
9% Jun
21
2Mb Jan
8
8
29
1
Dec
22% Jun
164 Ma Jan
21
,'Tnt'l
14
Int'l
3
180 Ms Sep
174 Ma
Jun
6 Ms "Nov
9 Ms
Jun
23 3/s -Feb
38 Ma
Jun
24
71
93
Jun
73 Ma Jan
17
5 Ms May
3% Feb
26
24% Mar
135
Jan
34 Ms
64%
Feb
6%
Deo
135 Ma July
417/sJun
Jun
99
•
Jan
94
July
14
Jjun
25% Jun
Oct
139 Ma July
42% Mar
86
53/s Feb
May
Jan
43 Ma Oct
52 % 'Jan
64
Jun
50
JJun
45
Jan
41
Jan
65
Dec
Nov
43
Mar
30
Mar
8 3/4
107 Ma
38 Ma Jun
65 3/s July
35
30% Aug
Mar
Nov
16 M2
16%
31 Ms Jan
14
103
51
Aug 25
7 Ms Feb
8
71
Feb
9
.61
Feb
17
46
Oct
10
21
20v
5
-57% Jan
14
34
8
13
Jan 27
13
11 Ms Apr
4
14
11 Ms Apr
11
15% Sep
26
17% Mar
26% May
18 Ms Feb
22% Mar
35 M4
Jun
24
Jan
39% May
24
:jun
23
3
29
J
14
17
i
136 Ma
Aug 12
May
Dec
10
May
23/4 Jun
23Ma
Jun
UMi.Jun
14
79Ma Dec
92Mz
Jan
81
Jan
3
39Ma
Feb
48
May
44
89Ma
Oct
99
May
95Ma Jan
30Ma Jun
17
6
Jun
6
29M4 Jyn
30
102
Feb
15
155
May 23
5
Jan
21
148
13
Dec
Oct
32
'
145
Aug 10
31
Feb
__No par
No par
preferred
&
2
t
,
$4. preferred——.
Int'l Rys of Cent Amer
ii5% preferred—!
/International Salt
,*137
*45
No par
Shoe
c:25
International Silver common
'
.
49
preferred
1
25
International Telep & Teleg—No par
*31%
—
No par
*9 Ms
Utilities Corp
5
153/s
•
Foreign
share
International
Interstate
Dept
ctfs
Stores
Intertype Corp
;
—No-,par
.J
No par
50o
Island Creek Coal common
$6
184
:
-
27 Ma
13 Ms
13 Mi
/
9%
17
16 Mi
92%
92 Mi
93
lMs
lMi
1%
1%
11%
11%
11 Ms
11 Ma
•,
11%
11%
184
26 Ma
178 Mi
...
•; 185%
185
/
26 Ma
176 3/4
6 Mi
34Mi
80
80
6Ms
6%
34%
80 Ma
101%
5
47
*58
59 Ma
59
59
45
45 Mi
45 Mi
45 Mz
58 Mi
58%%.:/
44%
45 %
49%
•
49Mi
%
50
34
/,
27
,v.k
*139
1
13.coo
12,900
136%
64
*101
93/8
9 Ma
9 Ma
9 Mi
•'15 Ms
15Ms
-
/"';"
273/s
*
;
'
9% f '
*33 %
9%
'15%
•20 Ms
30 3/4
30%
263/4
'27
: /
141 Ma '
*139
26 Mz
•
*139
800
34
*93/8
20
300
1,800
'34
9Ms
*30
27
45
—
'
15 Mi
/••
60
45
50 Ma
9 3/s
31
141%
1,060
*49 Ma
*33%
20
*139
3,200
*58
"
'
9%/.:
300
4 3/4
45%
-493/4
/
•15 Ma
340
29,200
45/s
45%
■
i49%
20 Mz
■'? 27
1
141%
; V
643/4
102
43%
4%
J47
*573/4 / 60
20
30Mi
'
:
*30
20 Ms
30%
8 Ms
9%
-15%
20Ms
53/4
64 Ma
44 Mz
45 Ms
'
*15%
9
9
15 Mi
■;>•.•
34
*32%
49
4
9 Ms
8M4
•
:•
50 Ms
*49 Mi
*31 Ms
•
1,100
84
29 Ms
■
■
34
*315/a
■
13,700
5%
;
48 Ma
5%
48%
.
101
•4 Ma
'
5
5 Ms
50 3/8
5 Ma
50 Ms
4.300
67/a
34
^ 28%
•"",'/
137
623/|
101
3.000
15,900
350
Mi
177
"
101%/
*101
/:
4,700
136%
5 Ms
:29Ms
*136 Ma
64 Mi '
6 3 Mi
63 Ms
61%
50%
49
84
84
5 Ma
29Mi
137
137
137
137
•") 5 Ms
•"
45'/2
333/4
34%
82
29 Ms
•
63/4
67/s
f
34 Ms
,
5 Mi /.
5 Ms
29%
*101
101 Mi
101%
5%
29%
177
27
27
177%
177
178
7
34
"5 Ms
273/8
26 Mi
,
191
189
190
187
*
/
26M4
3.600
'
•
62%
100
..
1%
ll5/s
29%
137
1.800
3,700
93 Mz
7
v
2,200
16%
*78
5%
"
9 Ms
16 Mi
'
v
9 Ms
17
32
29%
61 Ms
9%
93 Mi
176%
80
137
13 Ms
l3/i
11%
1"
6.300
36
13
*92 MI
-
5 Mi
.
2,400
'."■I- ':.•
353/i
13%
I3/!
26 Ms
67/s
3,500
1
162
*158
36
92%
184
%/;■:
200
7 Ms
48 Ma
13 Ms
9 Mi
9 Ms
2,200
"V
67% "68 Mi
162
,
600
35 Ms
133/a/
xl63/8
.
*158
'V/.;.::
15,500
1,400
27 Ms
48
•67,
67
66 Mi
'37
../
8 Ms
*7 Mi
7 Ms
47 Mi
162
36 Mi
.
*7 Mo
47%
v.
66
9 Mi
7 Ms
475/s
*7%
-
720
33 Ma
273/i
,
Y.l/-
54
8 Ms
l5/s
29 Mi
"
293/8
137Ma
28
27 Ms
*158
16 Ma
33 Mi
.:•«..
-54
92Vi
32%
*78
53 Mi *•
'1
54
333/4 7:34 Mi
\:t.
27 Ms
47%
65 Mi
16
177
e3/,
32
.?
162
*9Mi
Mz
26
176 Ma
'
■'
11%
184
26Ml
263/s
27 M4
8%
37 Ms
lMs
11%
•
184
97
*26 Mi
8%
13
i:
92%;
•••1%
*94
26 Mi
8Vb
36%
16%
92%
77/s
65%
9%
9%
16
97.
26%
27%
473/4
*159 Ma
13 Mi
•
7 Ma
47%
65 Mi
13
*139% 142
1 :
'
preferred
-
*
162
13
*273/a
*203/8
'
i-.;
7 Ms
2,500
11.900
89
Ms
8
28%
28
37%
9Ma
I6M4
93
l5/s
11%
*87
54
36Mi
34
93/s
9M2
15% «
203/4 "
303/4
-9
34
54
8Ms
8
47%;
'65%
•159 Ma
*29%
'7%
33 Ms
373/4
627/s
63 Ms
* 101
102
r*5
5M4
.50%
50 Ma
„
*58
60
No par
com..No par
100
.a
No par
333/4
54
33 Mz,
*53%
vi
l.'/'j1
:"!V.
89
26%
v
?
.vil
29 3/i
29 Ms
,
*87 ;
97
*25%
283/s
28 Ma
80
53/a
15
89
*94
26%
8
47 Ml
% *78
5M8
29Ms
100
*86
97
26
333/s
i' 7Mi
100
1
Co com
89
*94
53M4
35 Ma
293/s
36%
29
.
.
X35 Mi
*94
*86
333/s
8
353/4
/
30
29%
97
53M4
-
30
Ms
35% M
:•135 5/«
35s/s
28
.
89
25%
32Mb
1
Paper
355/s
f :>
i
:> ,/•
26
—
*94
32M2
1
30
*86
*176Ma 177Ma
67/s
7 '
Canada com—No par
of
International
26%
353/4
23 Ms
w
com—-5
Corp
Preferred
International
*182
100
class A—25
Chemical
preferred
i
Mining
Int'l Nickel
8
13
,
No par
Minerals
4%
1Mb
111%
common
^International
7
Feb
65 Mi Oct
143
71
13
July 28
14
137% Jan
20
;■
5% Oct 21
7 Ma Jun
Jun
Nov
Oct
84
/
Int'l
*92%
No par
1
Machine.
Harvester
Int'l Hydro-Electric Sys
19
7%, Jun
Jun
8% Nov
343/4 Oct
14
*13 Ms
——100
Rubber.!
Iron—
Business
7%
8
7% Aug 16
24*
4%< AUg 23
39 Ma
'Interlake
7
Oct
373/4
5
—
common
preferred—
■4%%
2PMa Sep
191-
1
Corp
Intercontinental
13% Jan
„•
xl457/sJan
Jun
Interchemical
19
*93 Ma Oct
11*
Jun
Oct
xl7
30
.
9Ms
I6M4
Ctfs Inc—1
Insuranshares
35M4
36
30M4
89
97
26 Mi
33% 33Mi
*53Ma;>• 54 Ms
8 Ms
8 Vb
*28M4 283/s
.<,
*7Mi
7Ms
477/s .48
65a/4 653^
*159Ma 162' 1
.20
Inspiration Consol Copperl
8
•
26 Ms
No par
Inland Steel Co———i
18 Ms Jari
3/
*94
f
Rayoxi.——1—I
Ingersoll-Rand common——No par
8% preferred
i„—100
8
<
*86
—.100
Industrial
Apr 25
413/4 Jan
A..100
*
A—*—. 1000
series
,,
6
68 Ms Sep
,
14
86 Ma Jan
Jan
163/s May
Deo
27
10
J 65
12% Apr
x34Ms
3% Mar
,
8% Jan
4
'k
3 3/s May
156
7
43% Oct
3-
May 31,
8
23 Ma May
Dec
33 Mr Mar
-11% Jun
8% May
Dec
.Jun
4
•r
21% May
13
29 Ma Sep
Jun
34% Mar
6%
4
Jun
Jan
56
clfs
30
tllinols Power Co common.*—No par
4.70% preferred
—
50
Illinois Terminal RR Co——5
Indianapolis'Power & Light—No par
Industria Electrica De Mex, S
5
10 Ms Jan
4%
lines
stock
RR
54% Aug 31
,
12
153/4
Nov
Feb
34'/s Oct
2 5 Ms
"
150
MJun
7
Jun
RR Co common.100
13
July
973/4 May
37 Ma July
*35Mi
-20
Co
Power
Illinois Central
Oct
31
1,200
,
Wednesday
$ per share
$ per share
*
PRICES
SALE
' Tuesday
Oct. 18
Monday
Saturday
T
HIGH
AND
LOW
STOCK
EXCHANGE,
-<
•
25
353/4
24Mi
6 Ms
*24
22 Ms
9
"
6M4
-
22%
23
23
1,900
1
•64MB
8Mb
6
66 Ma
«643/a
21%"
147
V'-':4/ '"r//
$ per share
$ per share
$ per share
■'-v.-.
1
25Ma
93 %'
No par
STOCKS
Range for Previous
22 Ms
12.50
..6.66%
—
6
2% Jan
22 Ms
t c
7
,11% Jan,
6M2
227/s
8 Ms
9 Ms
6 3/8
126
No par
v
Hudson Motor Car
'
9
.43
.
Corp
Stores
*65
67
8%
6%
*41%
25
_1
Howe Sound Co
—;
5
Hudson & Manhattan common..100
,/5% non-cum preferred—
100
Hudson Bay Min & Sm Ltd—No par
Houston Oil of Texas
14 3/s
3M4 Sep
8% Sep
34%
10 Ms
4
*65
68
•
6 Mi
6
;
:
67
~io
106 Va
21V4
*143 Ma
24 Mi
•24 Mi
6%
6 Ms
6
1,100
81 Ma
*105 Ma
'
Yi
147
*143 Ma
24%
24 Ma
24 3/4
"Ms
55/s
*8%
9
'*15%
33/4%' preferred —
100
Houston Light & Power—,—No par
,30
24
6%
*29 Mz
preferred————50
conv
46%
"
*65
63
*
*104
com—5
94%
Nov
81
9M2«Jun
r-
5 Ms
*353/4
$4.25 preferred ———No par
Houdaille-'Hershey com
:_No par
3
12% Mar 30
May
243/4
5%
25 Mi
2nd pfd ser A——„Nopar
$4.50
24%
21 Ms
13 Ma
*80
f
81Mz
400
;iMi"
12 Ms
106 Ma
21 Ml
'
147
*143 Ma
147
*143 Ma
147
*143%
5%
*92
—
34%
Dec
27
Jun
Sep
109 Ma Aug 17
21%
8.2e0
23%
14 Mi
'
12Ms
^•105 Ma
106 Ma
21 Ma
'
10
—30
Mining———_12.50
29 Ms
*105 Ma
21%
22%
—5
& Sons-—
(A)
106 V2
21 Ma
21%
100
36
22 Ma
14 Ms
*80
81%
-
*105 Ma
105%-
*14
*12
14 Ms
12%
*80
81%
*80
81 Ma
.
21 Ms
-
6%
5
25
;
*80
.105%
25
*8%
_—
Holly Sugar Corp
—
"5% conv preferred—
Jun
12%
*12
14
12 Mi
147
*5%
*65
14
12 Ma
21 Ms
*24%,
*14
14%
Shares
share
*35
23 Ms
22 Ms
*
'Y>
36
*35
•
*
23
22 Mi
22%
12 Mi
106%,.
*'143%
Ma
14 Ms
.
.
80Mz,.
.
21 Ms
—
Co
Furnace
14 !
<■80
;_5
Dauch Paper Co_——-10
(Charles E)„_
.— 1
Hilton Hotels Corp——
22
36
*35
36
*35
22Ms
12 Mi..
*105%
1
100
Chemical Corp——
3M2% preferred ter A—
Heyden
12 Ms Jan
20
Inc—
„
12 Mi
100
No par
No par
5
—
preference
Hewitt-Robins
2
May
preferred
$4 conv
*14 Ms Jun
79
non-cuin
5%
15
16% May
Feb
135
:.
common
Hershey Chocolate com
26
29% May
15 Ms
1
5
Oct
Jan
21 Ms
16
Oct
21 Ma Jan
Jan
12 Mi
Sep
40
14
113% Jun
Jun
9
14
131
xl3Ms Aug 25
28% May
78
Nov
Oct
Jan
17 Ms Aug 22
;
49 Ma Sep
26MsMar
Apr
123 % July
114
r
40
Apr
120%
7%
W)
35 Ma
22%
14
preferred/
Hercules
Motors—
——No par
Hercules Powder common——No par
24 Ms
22 Ma
'■
preferred
(G
35%
22
36
22%
25
100
10
25
Co common—
29%
3.65%
35%
Well
Oil
$ per
$ per share
$ per share
$ per share
*
*
6
25
Water
Cementlng-15
Hall (W F) Printing Co—
15
Hamilton Watch Co com
No par
4% conv preferred-.-—.....,;
100
Hanna (M A) Co $4.25 pfd—No par
Harbison-Walk Refrac com—No par
6% preferred
—!
—100
Hart Schaffner & Marx
—10
Hat Corp 'of America common—11
4Ma% preferred
100
Hayes Industries Inc
-1
Hayes Mfg Corp
—2
Hazel-Atlas Glass Co_
-5
Hecht Co common
15
33/s % preferred
:
100
14% May 19
34 Ms May
Dec
4%
23 Ms Oct
3
104 Mz Apr
Jun
21 Va
20
7
11% Juo
"
Jun
r
Hackensack
Halliburton
Jan
12
Jan
89
Feb
79
Xl01%
16
Sep
16 Ma Jun
Sep
Mi
12 Mi
15
36
4
Jan
S per share
share
for
the Week
Oct. 21
Oct. 20
Oct. 19
Sales
Friday
Thursday
Wednesday
Oct. 18
H
-1
31
Oct
$ per
Par
S per share
share
SALE PRICES
HIGH
Tuesday
Oct. 17
Oct. 15
'
EXCHANGE
Monday
Saturday
YORK STOCK
NEW
1
Highest
Range Since Jan.
Year 1948
AND
LOW
STOCKS
*
Monday, October 24,
FINANCIAL CHRONICLE
&
•9Ms
9 Ma
39.700
V2
3.500
15 Mi
15 Mi
2,600
20%
20
20
Ma
1,800
'30%
30
30
26Ms
141%
26%
26 Ma
1,500
>•
-'.9%
-
141
9
4CO
10
141
"
4%
18
33Mi Sep
100Ma Feb
42Mi Jun
1137/a
Feb
35
Oct
99
Dec
106
May
145
Jan
158
101
Jun
Jun
20Mi
••
./Jan 24
29% Mar
39Ms
Oct
21
Jun
14
83Vi
93Ma Apr
43Mi Jun
73
Jun
28
30% Nov
30% Oct
5
11%
21
Feb
6MaOctl4
183/8 Jan 24 i
93
Oct
3
59Ma Oct 19 4
104Ma Sep 16 '
43
Oct 20 ►
113% Oct 20
443%Sep21106% Oct 14
160
Apr 26
33Mi Jan
7
86
Jan
3
40Ma Mar 16 '
Jacobs (F L) Co___
1
Jaeger Machine. Co
—
No par
Jersey Cent Pwr & Lt 4% pfd.J100
Jewel Tea Co Inc com
No par
-33/4% preferred—
;100
Johns Manville Corp com——No par
3Mz%. preferred—
100
Johnson ,& Johnson commpn... 12Ma
-4% 2nd preferred series A
100
Joliet & Chicago RR stamped—100
Jones & Laughlin Steel com—No par
5% preferred series A
.100
Joy Manufacturing Co.—,
__1
55/8
*13
*92
5Mi
57/8
14
" 923/i /
60
*13
*92
58
5M'i
*58%
*104
104Ma
42% 423/a
•
5Ms
.
*13
91
14
92Mi
583/»
.104
104
42Mi 42%
*112
115
423/4
42%
*105M4 106M4
*155
170
'
26Mi 263/s
*80Ma 81 Ma
31%
3IM2
112Ma 113
42
42Mi
*105M4 106Mt
*155
170
253/4 26
80Ma 81
31
31%
,
58
*103M2
42Ma
*113
*42
*105Mi
*155
25Ms
80Ma
31
5 Ma
5 MB
5%
5 Ma
14
*13 Ms
14
13
92
*90
92
*90
58 Ma
59
'
42%
:
58 Mz
57
90%
57%
1.800
103 Ma
*103
103 V2
380
42Ms
10,400
113
113%
42 Mi
42%
42
42%
106 Mi
*104 Mi
'
170
106 Mi
170
26 Mi
a
,26%
81M2
82
31 Mi
'
31s/s
42
43
42 Ms
115 Mz
32
s
105 Mi
*155
26%
*81
317/s
200
13
90 Ma
42 Ma
*155
106 Mt
81
42 Ms
6,900
5 Ms
13
91 Mz
*113Va
423/4
114%
26 3
103
103 Mz
103
104 Ma
57Mi
59 Mz
5%
5%
13
170
26%
113
500
113
x401/s
4,900
40 Mi
105 Mi
•
70
105Ms
*155
,
26 Ms
20
170
10,600
26%
82
81
31%
210
81
32 Mi
32Mb
9,200
K
Dec
8MaJun 30
May
12Ms Jan
8
Kalamazoo Stove & Furniture
Kansas
Nov
x89
88 Ma
Dec
23Mi
Feb
48 Ms Mar
'98
101 Ma
48 Mi
60 M2
May
94 V3 Jan
12
102
Dec
100% Feb
11
105 Ma Aug 30
Oct
Jun
X34 Mi Feb" 24
52
Jan
45% Oct
58
3
Sep
7
16Mb Oct
18
7
b7c
23
21% Jan
8
13
17 Ms Jan
7
10Ms Jun
1
20 Mz Feb
26 Ms July
17% Jun
15%
22% July
xl3% Jun
Dec
18
Por footnotes see page
26.
13
14% Jan
14 Mi July 25
May
13 Ms
Aug 22
:
3.80%
4%
City
Power &
preferred
cum
—
preferred
10
10 Ma
10 Ms
10
9%
10 Ma
*9 Mi
10
Lt Co—
2
.100
,.100
Southern com.. No par
non-cum preferred
100
Kansas "City
*100 Ma
101 Mz
*100Mz
lOlMz
*104
104M4
*104
104M4
43 Mi
44
42 Mz
43
•
\
101
*104
104%
43
44
Mi
58
104
104
,
44
10 Ma
101
*100
*100
Mi
53
*93/1
100%
*103
10
100%
104
*9M4
*100
10
101
103Mi
70
43%
43%
5,500
44 Mi
58
58
58
16
16 Ma
16 Ms
163/8
17.800
12 Ma
125/8
12 Ms
1234
1,500
400
800
*58
59
57 Ma
*56
15%
16
153/4
15 Ms
16
16 Ma
16
12 Mi
12%
12 Ms
12 Ms
12%
12 Ms
12%
20 Mi
*193/4
20%
20
20 Ma
19%
19%
19%
*19M4
*193/4
193/4
I6V2
16Mb
16 Ms
16 3/8
16 Ma
16 Ms
16 Ma
& Light Co
Class
B
1
*56
*16
57 Mz
16%
57 Ma
16
20
16
-
•
*16
10
IO334
43 Ms
com_8.75
Power
Kayser
1,100
44 Ms
(Julius) & Co
^
Kelsey Hayes Wheel conv class A_1
-4%
Kansas
.
16%
.125/b
400
THE
Number 4849
170
Volume
COMMERCIAL &
NEW
Range for Previous
Lowest
42%
Range Since Jan. 1
-
Lowest
Highest
$ ■per
60%
Feb
Highest
Jun
40
Oct
YORK
STOCK
56% Jan
6
Par
12
Kennecott Copper
51
Apr
39
47%'Oct
13
16%
Oct
11%.Feb 25
15% Oct
19
Kern County Land Co
Keystone Steel & Wire Co
19
Feb
24
17%Jun
15
25
Oct
20
Kimberly-Clark
92
Oct
Jun
14
103% Oct
14
May
90
104% July
24% Jun *
Feb
10% Jun
Jan
62
37%
Dec
xl4% Sep
14
72
Oct
25% Jun
20
4%
7
Sep
7
Go
Inc
Co
89
Feb
45%
x35%.Feb
39%
43
*9
24%
iioo
common
.1
common
4%
4% Jan
12
Apr
3% Jun
10
24
Mar
17% Jan
7% Oct
ft
Dec
4
6% May
Feb
6
Laclede
6
21
Jan
22% May
La
11% Sep
19
14 % May
-0%Jun
14
-Oct
53% May
43
Jan
7
29% May
19% Jun
14
26% Jan
19
37
Jan
4
43%'Oct
19
Lee
16% Jun
29
22% Jan
6
Mar
'6
May
21%
Dec
26% May
90
Dec
99
10
Feb
13 % May
6% Jun
3
Dec
33% Jun
13
8%
Jun
3%'Jun
13
3% Aug
4
4% Aug 23
4%
July
1% Jun
3
3
Lees
39
30% Mar
4% Mar
"1%
Jan
26% July
19% Mar
5%
98
90% Jan 20
Jun
May 24
11% Jan 10
43% Oct
5%-Jan
$3
50c
15
52% Oct
13
21
11% May 16
25
26% Sep
28
Lerner
4
59 % Oct
19
x41% Jun
May
8% Feb
Feb
26%
Jun
20% Feb
Dec
56%
Jun
44% Jan
Nov
10%
Apr
6% Jun
14
31% Mar
38%
Mar
82
157
Nov
8%
47
Nov
13%
91% Oct
13
170
Feb
Jun
15
Sep
43% Oct
41%
41%
58%
58%
58%
58%
58%
55
55
55
55
55 Va
10 % Jan
15%
10
Dec
68%
Dec
13%
Jan
14%
23%
Dec
57%
14
17
Jan
7
14
78
Jan
27
65% Jun
16% Feb
5
23% Oct
3
18% Aug
Feb
158
23
Nov
25
37;
Dec
Dec
98 %
17
Nov
24%
23% Jan
4
20% Jun
100
v21%'Mar 30
4
% %
43
43
18%
42%
18%
'
28
95
95
41%
4
400
1,200
11
10%
10%
10 3A
103A
47
*46%
*24%
48%
*46%
48%
50
24%
24%
245/8
24%
1,000
43%
*42'A
42%
43%
300
18%
19
...
.
4
;■
19
94
8%
43
i
#92
8%
3%
2%
*6
£4%
24%
"58
58
•
/8
.26
90
43%
;e%
8%
42
"
v.
*61%
32%
33%
15%»
*68
6
500
50%
51
4,600
11 *■
10%
11
2,200
24%
24%
24%
24%
25
243A
25
58%
59%
58%
59
58%
58%
6,700
8'/b
5,300
/
'
61
s
8 i"'-
36%
36%
61%
7%
8
-
61%
'
(
88
31%
*42
15%
•21%
21%
22%
16%
16%
16%
16
70 %
*65%
-
69 '
62
33%
>
*65%
70
23%
16%
23
8%
70 r
v
16
1,000
33
16-
32,500
'
*
2,300
v.
.70 ?
*65%
500
11,200
63%
32%
10O
23
233/8
34,500
16%
163A
16%
-14*000
23%
<
l6]/4
-
*62%
16%
-r>
*65%
22%
16%
#
■I
8
62%
'33%
f
16
-.
130
:
42%
42 %
8
i
32%
16%
5,80Q
183
*181
42%
.(•,
1,300
88%
87%
88%
182%
7%
62
32%
•I-
1
7%
;61 %
33
15%
68
1,700
36 Va
36%
36%
f
182 %
42
8
8%
36%
89%
182
-
7%
-
61%
31%
16
16%
'
36%
88 %
42
8
8
'35%
182
V
68
h'
5%
70%
70%
70%
70 %i
70%
70%
70%
70 3/4
25%
3,400
25%
25 %
23%
25%
25%
25%
25%
25%
2,500
24%
25%
25
24%.
r
24%.
24%
24%
24%
24%
24%.
25
24 %
25%
3,300
168
29%
'34%
-
30
*166
:
34
23%
34%
23%
*99
18%
-
'.
'Oct. 15
'H Oct. 17
i per share
34
23%
23%
99%,
99%
18%
28%
,
23%
100
100
•
18%
40
.<'
33%
23%
99
«
30 3A
23 %
>■'
30%
33%
23%
■;
18%
169
*168
30%
33'A
99%
18'A
18
,
"5,600
5,600
2,600
'
,
90
1,500
,
V
i
HIGH
SALE
PRICES
'
<
.
(Wednesday
Oct. 18
yf.pcr share
169
30
34
♦
<
•
169
30%
33%,
/ -Tuesday
,
168
r
70%
30%
18%.
LOW AND
Monday
:
:.i
23%
100
*18%
;■
Saturday
♦166
30%
34%
100
18
168
30
'
,
.
24%
*99
-
18%.,:
*166
30%
33%
24%".
100
-
'18%
168
•30%
r
34%/
*24%
EXCHANGE
7%
42%
; ■•:
20%
71
*166.
STOCK
'
•'
89
21%
16%
24%
*99
:
182%
*42
.
5%
'
59
7%
69%
25
■
*5'A
51
6
.f
'
15%
62%
500
111
182
8%
30%
,15%
2,100
50%
88
;
5,400
17%
1.1%
89
42
2%
17%
51%
36%
.
.
3%
18%
2%
18
11
•
182%
7%
3,000
4%
51%
24%
*35%
1,500
3%
10%
157%
8
182%
6
43 %
3%
*3%
4
51%
24%
>88%
*'
*42%
6
43 %
10,000
51%
57%
7%
f
183
.
6
8%
10%
.
24 %
■
36%
.89%
183
10%
57%
■
-
8%
36%
6%
51%
10%
8%
3%
2%
*3%
18%
2,800
94
*92
43
3%
2%
600
19 %
19
'
8%
42%
4
3%
*42
19%
94
8%
43
4
3%
18%
51
15,800
3%
2%
.
7%
7%
7%
21%
18%
.
fPar
7%
:
*3%
2%
6
3,000
3,900
21%
18%
11%
2,000
58
3%
2%
51%
59%
21%
18%
6
40%
59'A
57
3%
*92
42%
4
;
40%
59%
57%
59
57
24%
94
*3%
200
21'/a
8%
,
3,800
43%
42%
3%
41
10
%
3%
2%
jiO
$ per share
28%
95%
47
8%
42%
4
3%
10%
—..10
■
28%
95
110
200
21%
18%
60
•.
73
28%
7%
3%
18%
*92
8%
42%
,•
18%
94
8
4
51%
100
STOCKS
;
"
24%
7%
■
/
2%
No par
L
#71
105
*102%
'
7%
,18%
(Ky) No par
Co
72
'
2%
100
NEW YORK
Range Since Jan. 1
Lowest
Highest
t per share
A
common
14%
56%
*18%
(M) '& Sons Inc com__l
!
1
48
*24%
*92
-
4
46%
'71
Nashville.
Steel
*46
24%
'43%.
4
*3%
21%
pfd series A
Lukens
V
share
par
__Nopar
(Md)
Co
&
48
8%
i
l
Gas & Elec Co
Lowenstein
20
14
13
'43
.^100
Corp
Lumber
Lousvllle
*10%
18%
94
8%
__No par
Cement
(P)
11%
No par
preferred
Louisville
14
Oct
Jan
*
per
7%
11
25% Sep
14
Bell
Lorillard
;
30% Aug 29
,41% Jan
'Jun
Highest V/.
]*$
20
95
/Year 1948
t pet share
Long
20
23
Oct
169
15
July
Jan
Range for Previous
'Lowest
28
31% May 31
May
35% May
91
3
Jan
153
Nov
-
25% Oct
25% Sep
6
19 % Jan
Sep
Jun
*10%
*42
ft
-
Star
21%.
11
24%
44
No par
preferred
conv
Inc
Lone
21%
No par
No par
Co...
3%%
Loew's
3%
21%
*46
*92
25
Corp
Co
Oil
7%
*3%
v
*18%
10
Lockheed Aircraft Corp
14
71% Oct
8
15% Jun
50
.21%
Jun
x60
30% July
Feb
Nov
Feb
Lion
5
"41
J00
_
7%
3%
11
25
59
21%
48
'24'/«
_g
;
*14
-41%
t
*3%
11
*46
7
com
7%
.
*21%
21%.
11
3
"•
3%
.
21%
No pax
Liquid Carbonic Corp com
19
14% Jan
Belt
7%
••?%
'*3%
'
Lima-Hamilton
Link
14
33% Oct
Jun
18
-
14
Jun
138
20
Jun
-
20% May
68% Jun
85
-24%
Nov
xl8
Jan
13
17
13% Jun
*
Lily Tulip Cup Corp
7
66% Jan
x6% Jun
52% Jun
Jun
70% May
-
No par
Savers
14%
72
58%'
"55%
1
,
13
72
102%
*13%
95ya
^ft
;
Corp
Liggett & Myers Tobacco
7% "prefeired >
:
12
19
55'A Mar
-Life
13
186
14
33
May
37% July 27
14
72% Apr
Jan
91
174% Mar
Oct
33
34% Jun
Jan
*71
'48
102%
-29%
(The)
Stores Corp
Libbey Owens Ford Glass
Libby
McNeill
&
Libby
8% Mar 30
72
*70%
95%
1st preferred_.No par
2nd pfd
No par
Corp
72
28%
non-cum
Lehman
14%
95%
1
Lehn & Fink Products
May
12
*13%
28%
100.
No
12
56
14
41 %
Issued
12
Feb
8,800
14
28%
_^6
;
8% Jan
Dec
24%
*95 '/a
com
24% Jan
8%
24%
41%
1
when
15
16 %
25
95%
Co com.
13
41%
24%
24%
102
41
50
RR__
com
Lehigh Valley Coal
non-cum
4,600
5,600
24%
24%
*102% 105
23%
95%
■
Jun
10% May
8
Valley
46%
15%
41%
No par
No par
;
& Sons
Additional
15 %
95%
4
;
4% Jun
15
Jan
43%
Lehigh
8
15%
•41%
58%
v
7
Jan
15%
f
*95%
"54%
3.85% cumulative preferred
Lehigh Coal & Navigation Co
Lehigh
Portland
Cement
13
15
28%
Co
Tire
(James)
14%
46%
15%
46 %
28%
pfd__75 Pesos Mex
Co
&
46%
102
13%
*70%
20,400
47%
46%
28%
No par
Bryant common
4%% preferred
Rubber
72
47%
48%
28%
---.—No par
(The)
Lane-Wells
47
26% Aug
Oct
24%
102
13%
Shares
47%
47%
10
Light
6%
Co
9% Mar
42
#71
>■
the Week
46 %
ifto
Lane
14
47
Gas
Consolid
Lambert
6
14
Oct. 21
$ per share
.46%
io
_
Kress (S H) & Co
Kroger Co (The).
21
48
Sales for
Oct. 20
$ per share
14%
T4%
*101
Thursday
Oct. 19
$ per share
4T%
46
47
23%
103
"43%
.
47%
"14%
Wednesday
per share
'
*101
___.No par
4% ^preferred '
Kresge (S S) Co
20
Oct
58
3
Dec
4%
17
59%iOct
14
Jan
26
(Jan
47%
»
14%
24%
"•
'•42%! Aug 17
16
48% Feb
58% July
Oct
Feb
40% Nov
98
90% Aug 11
95% July
Jun
Nov
21
PRICES
Oct. 18
46%
*44%
*
32
47
No par
$5 prior preferred
Koppers
47 %
47
ft
nreferred
(G R)
47%
SALE
Tuesday
$ per share
com___Nopar
Corp
2nd
conv
Kinney
22
31% Jan
Mar 18
75
Mar
29%
'
HIGH
Monday
Oct. 17
$ per share
No par
Dec
20
•'
Oct. 15
'
NOV
Jun
Saturday
EXCHANGE
12%
11%
(1609)
RECORD
LOW AND
•'
*
J; per share
t per share
share
NEW
—
40 y«
63
STOCK
CHRONICLE
STOCKS
Year 1948
S per Share
YORK
FINANCIAL
/
•'■<"»$ per share
Oct. 20
/si'$ per share
"
f f $ per share
Sales for
Friday
Thursday
Oct. 19
;
the Week
Oct. 31
S per
Share*
share
M
9% Jun
x35%
Dec
'40
129
Oct
142
13%
Dec
Jan
27%
9% Jun
14
Dec
15%
Feb
24% May '
95% Jan
10% Jun
Feb
21
;
-
Apr
5
Jun
24
430
Jun
10%
-
6% Feb
Sep
13%
Jun
Dec
26
Jan
15% Jun
5%
Feb
14%
Jun
6% Feb
10
18% Mar
7
.
"25% May
Dec
8
Magma
3
Jan
Dec
I
8% Aug 25
,
Mar
18
Magnavox
-
Co
Coal
/ Manati
92%
Dec
103%
Jun
9%
Nov
22%
,10% Apr
Dec
19%
Jan-
Sep;'
*24% Oct
8% Oct
21
18%'Oct
4
19% Apr 29
95% Jan
5
7% Jun
11
Marathon
103%-Feb
; i
12
Apr
13% Jan
57 % 'Jan
19% Jan
Master
42% Sep
Mathieson
170
< Feb
Apr
35% Mar
15
179
■>7%
Aug 16
47%- Oct
38
Jun
Jun-
89
Jan
4
97
Aug 25
93
Jun
89
Jan
11'
97
Aug
9
77% Aug
8% Dec
85
~Jan
80
Feb
23
86% Sep
30
$3.40
7% Jun
27
10%'Oct
19
Maytag
12% May
Jan
Dec
Apr
Dec
•
43%
112
41%
Feb
30
Jan-
'1
*
-
Jan
May
$3
113
Sep
12
/
19% Mar 22
Jan
25
Jan
10
36% May
Jun
30% Mar 23
Jan
101%
Jan
4
99%-Oct
20
42%
29% Jun
14
40
Sep
21
24
24
34
Apr
21
90
Jan
23% Mar
31
41
Dec
29%
Dec
52% May
35% May
May1
Jan
:98%
18%
Feb
24%
Dec
24%
Jan
15
Dec
23% May
Jun
80% Mar
96%
Dec
Dec
Dec
Dec
58% Sep
Oct
Jun
100
3
11
17%* Jan
34
Jan
24% Aug 16
3
13% Jan
34% Jun
30
49
14
12% Jun
8% Jan
7% Mar 21
'
27
I
•'
*
Jan
12
12%
'
••
30% Jun
20
97% Jan
3
105% Oct
18
110% Feb
3
113% Oct
20
38% Jan
26
July 27
102
:
8% Jun
14
14% Jan
14
48
Oct
6
17% Sep
13
18 % Jun
14
May
14
July
56%
42 %
Nov
87
Nov
'98
54% Mar
78
105%
7% Jun
Apr
43% Feb
Mar
May
87
May
66% Jun
.
Machine
*110%
9%
9%
.
*38
113
35
99%
•
37%
37%
*30%
30%
*29%
1
40%
57
110%
99 s
•
-
*98
*102%
103%
9'A
*12%
9%
12%
9%
9%
9%
;*i2%
12%
9%
55
54%
13
13
*12%
39%
177
10
*38
"22%
35%
*98%
'99%
34%
23%
*9%
9%
*42%
*30
57%
180
5,600
4,500
3,900
58
393/4
40
98
24%
*23%
24'A
14%
14%
24'A
14
*32%
X22%
"9%
9%
43%
*91%
23
14%
*40%
i
14
<
*32%
14%
*7% ;
400
1,900
34%
22%
1,100
92%
44 '
14%
7%
14
*91%
23%
9%
9%
14%
7%.
13%
300
92%
34%
22%
;
9%
44
15
*32%
•34%
*40%
14%
*14%
13%
92%.
13%
57%
'
23%
14%
*91V2
34%
-
24 %-
,:T4%
8
700
•
303/4
*96%
13%
8
30%
*30
98
92%
14%
37%
40
23 y»
8%
20
1,300
9P%
31%
57%
39%
9%
14%
99%
37%
98
23%
*8
400
34%
34%
99%
99
*32%
;14%
*34
260
3,800
!
223A
99%
-
37%
■
13%
*41
223/a
<
99
*91%
44
22%
•9%
39%
112
40
9%
-
9%
*37%
*111
120
,
39%
*32.% ,34%
23'%
23%
*41-
112
3,700
88
34%
30%
23%
*86
37%
*•-.57%
*32%
95
88
22%
22%
1,300
2,200
V
177
96
10
101
400
2,100
473/8
*110%
-57
1
*174
94%
37%
-35
,
13
953/4
10
"22%
30
5,300
,
39%
47
*110% T12
-
:
54%
47%
96%
1
37%
40'A
...50
i
39%
95
47%
*95%
10%
57%
•
177
40
39%
'
39%
♦174
57
13%
9%
•'
54
*174
'
"
12%
*30
927/s
23%
40%
30%
*91%
103
12% ■: 12%
51%
52%
*30
,13%
'
*102%
30%
13%
8%
3,200
9%
14%
14%
21%
36%
.'92%'
:
21%
*99%
*.13%
14%
21%
37
*.91 %
W
600
21%
47%
47%
96 -r : 96
24
.44 *
18,400
39 %
*23%
.
3;400
8%
:i7%
*86
*14%
-
24%
8%
*17%
88
14%
15,500
8%
i
24%
700
.9%
17%
*86
14%
.
'
8
88
23%
9
17%
17%
8'A
101
99
23%
200
"
9%
23%
-23%
*99%
•"
83/4
*7%
900
8%
*8%
17'A
r
•
x36%
.•,
73/8
8%
95
35
490
„
*8%
95
111
11%
*465
17% ■: 17%
Va
15
,
'23%
38%
40%
100,400
*94
22%
.//.
11%
12%
490
f
7%
95
24%
24%
*.i4y8
..3%
'
-
1,700
7%
8%
99%
-
-57%
40%
*86
37%
35
101
*98
-
22% '22%
35%
*99%
f.
37%
*37
Miami
Copper
24% Sep,
2
Midland
3
8%
Steel
____
Utilities
Prod
25
-Jan
12
Minn
10
59
Oct
7
98
Aug 30
10
90
Oct
20
6
'107% Sep
&
3.20tfo
Minn
$4
conv
Min
Regul
pfd
J8%
19 %
94%
112%
'112%
1
,v
19
95
19
36%
36%
36'A
36%
101%
*100%
101%
*iooy2
*105%
107
*105%
107
105%
*11%
11%'
11%
45%
;
*128%
130
No par
No par
com
series A
Mfg common
preferred
*
13
14% Jan
1
15
15
80
Feb
25
$5.50
1st
16
19% Oct
-7
$1.50
2nd conv preferred
ft
.100
Nopar
No par
8
9%
*40%
14%
*7%
11%
*11
9%
58
*96
*84%
*105
-
9%
45%
16%
45%
(17
16%
23%
*
128 %
*11
9 %
23 %
100
223/4
2,700
9%
2,400
44
14%
2,800
300
8
17
58
58 %
58
97%
*96
86
86%
106
*105
86%"
*104%
11%
9%
.
128%
36%
101
*106%
113/4
47%
11,200
17"
20,600
23%
800
93
•128%
23%
130
23%
*128%
9%
58
*104%
13%
13
13%
12%
13%
*74%
76
75%
75%
*74%
75%
75%
20
*18%
19%
19%
19%
*19%
97%
105%
270
11%
93/8
87
800
420
107%
16%
11%
r,
36%
101%
463A
9%
58
300
17
11%
87
740
12
9%
*96
t
20%
47%
11%
58%
200
96%
113
46%
9%
97%
5,700
12
.
*11%
*19%
13%
23%
128%
*19
*11'A
86%
105%
-
113
•37%
16%
12%
48
100
13%
107
12%
9%
36%
101
107
46%
*11%
.
36%
100%
-16%
9%
*19
20
107
*106%
*23
*94%
;
36%
11%
128%
96 %
114%
*
101
46%
11%
106
20
1
36%
101
11%
128%
94 %
*112%
113
45%
*96
58%"
,
37,
96%
112%
•..16% '16%
22%
23 "
.-86
97%
36%
*94%
*19
37%
37%
37%
_*25
Minneapolis-Moline Co common—1
preferred...
24
117/s
45
24
TOO
&
;
106
116%
•
•
101
,
37
112%
101%
10
4
.
.
36%
*36%
No par
new
ft
SS Marie.*
Minn-Honeywell
20 !•/'
96%
112%
113 *
36%
pfd.100
Inc
com
12% Jan
P
*95
96%
112%
37
100
B
series
1st
8t
*95:
36%
5
3.90%
preferred
Minneap & St Louis Ry
12
15
37%
37%
Scott—No par
&
Jan
26.
88
•;.(
96
;'
13 7A
12%
47%
96
95
:./ 9%
22%
*35.
47
97
113
22%
177
13%
40
12%
*174
47%
39
*110%
"
177
-
51%
■39%
96
*86
9%
<9%
*37
r
12%
-"13%
3,000
: ,.17%
17%
•'"21%: •,21%
:
12%:,
39%
*95
88
*19%
Co
Edison
preferred
Middle "South
139% Mar
-
"
-uage
*86
51 '
13
•'•47
,
•
57%.
...Nopar
Nopar
16% Jun
footnote:
5i%
97
97
40'A
_50c
common.
10% Jun
18% July
47%
47%
*95% ,97
*95%
9%
4,700
102%, 102%
102%
9%
12%
•39%
*174
177
*174
57%.
Co.—Nopar
67% Jun
:
104
Inc
Co
Mfta-Continent Petroleum
■"
k
Jun
51%
51%
61%
9%
*12
100
10%
11%
9
'v; 8
;
22
21%
100%
9%
'
8%
is
37%.
*993/e
*475
17%
8%
'' ''
24
18
,*102
:
*17%:
...
»
15,200
9%
9
,/
•
23%
8
,
12%
8%
\y
13
.50
»
preferred
2nd preferred
4.35 %
19
14% Jim
116
9%
9%
*—_1
series)
common
Transp
Merritt-Chapman
Mesta
8
37% Jun
9% Mar
'
"12 %
—100
conv
Metropolitan
24
19% May
124% July 14
10% Aug
2
$3.50
$4
Mar 14
69% May
Jun
102%
-
Nopar
(1st
Stores
Min
&
*102 /
1
1st preferred
.conv
102%
10
,
Co
series)
(The)
MerckCo Inc
6
23% Jan
Feb
140
pfd
Co
Merch
;
Jun
Dec
Co
Mfg
Corp common
-2nd
22%
16
Nopar
(1st
22%
-ft
Mines
Robbins Inc com
preferred
Mercantile-
Aug 19
44%
Nov
Publishing.—Nopar
&
5 %
97
104% May
106% Dec
11
.100
—1
Porcupine
4 %
f
18
128
No par
—1
McCrory Stores Corp com
3 % % conv preferred-
Mengel
5
Jun
Jan
No par
..No par
No par
_
(Melville Shoe Corp
Oct
Jun
,
5
.
pfd
22%
-18
12%
-.100
,
18
22%
:
8'/a
:
8%
/
8 '■
18%
*102
17%
23%
7%
:
39%
preference
cum
8
8%'
48%
*17%
8%
22%
23%
*
8%
12%
13%
13
7%
12%
400
,■
100%
31%
490
7%
8%
i
•
39
*99
14%
*460
'
7%
'
35%
L39
31%
>..
-0%
14
490
7%
17
8%
'8%
*23
8%
13%
common
Corp
4%%
38
Apr 28
90
1st
'Mead
20
Feb
r"or
9
9%
900
12%
12%
35%
*135
'■ I' '
27%
■
$6
$4
22
13
10% Mar
100%
i 14
11%
*460
7%
'17 V
39%
.Nopar
-McLellan-Stores
15% July 25
Jun
s
/■/■ > 8%
■..
13%
common....
;/McQuay Norri6
8
38%
Oct
-14
11%
39%
*
McKesson
12
13
14
>95%
Dec
98%
.
490
r
/*7%
1
Mclntyre
*.
5
7% Jun
105% May 25
101% Nov
Oct
20% Jan
60% May
Feb
Nov
15
»•: 92
Jun
18%
Co
McGraw-Hill
■
14
17% Mar 11
12% July 14
'4
35%
24% Oct
-
16
70% May 25
28% Jun
July 20
May
*62% May
Nov
92
.;•
17
i——Nopar
McGraw Electric Co
13
19% Feb
'
"■{
23
41
Xl3
iy '/b
12% -Jan,
Nov
3
4
92% May
-46% May
25 t
14
41% Jan
Jun
15%
Feb
•
35% Oct
30% Jan
Jun
17%
*460
,
7%,
"9%
'
.
13%
Corp—No par
pfd
cum
McCall
Nov
85%
:*99%
0%
10%
10%
490
,
'-8%
Co
preferred
5
110
88
*8%
-9%
17
$3.75 preferred 1
No par
$3.75 cum pfd 1947 seriea_.No par
*
38% Aug 24
May 25
29
*
99%
^8%
No par
Chemical
preferred
Dept Stores
'93
47%
15
Electric
Feb
47
99%.
C> 139
12%
12%
12%
100 %
13
•35%
>*35%
*135
32%
1
Corp
Corp J
Masonite
84 % Mar
11 %
12%
32
No par
—8
.Martin-Parry Corp
13
Jan
20%
12%
31
^7 %
8
13
176
31%
12%
32%
*99
*■
13
35%
(il36
>
12%
"
^——-.0.25
13
-
35
*135
-
32%
9%
*18
34% July 12
Nov
87
'
12%
13%
—8
11% Jun
Oct
25
13
t"
35%
139
32%
"0%
*460
'13%
.*■35
#135
-
~v
12%
13% -13%
1
Exploration
Corp
39% Jun
*45
21
13
-35
139
100 %
V e%
St
69% July
Dec
Feb
110
;:35
1
32%
?
*99
Ry 6% prior pfd___100
Marshall Field & Co com
No par
4% % preferred
:100
Martin (Glenn L), Co...—
1
Market
27% May
Feb
18
33
12%
60
;
__—.
Marine .Midland
'-
24 % Aug
,
14
10% Feb
27%
*
139
*32%
100
Garden——Nopar
1.10
(The)—
*13% vl3%
*135
35%
:
No par
Shirt
Oil
Maracaibo
21
13
Bros
Manhattan
29
13
Apr
11%
84
*35
*135
ft
RR Co—
Co
;
Sugar
Mandel
,
7
16% Mar 18
'29% May
•17%
Mar 25
6% Jan
Feb
22%
-
Square
Copper'
Mahoning
it
12
17% Jun
May
(
15
X165
'Madison
10
9%'Aug 30
14
47%
-
6
22
Jan
13%
*13%
10
100
Macy (R H) Co Inc com
4 % % pfd series'A.
Jan
500
—_»
oom
Inc—
Trucks
Mack
13
?■' 19% Jan
Working Co
ftt-Forbes
preferred
"
Dec
6%
G%
.
20
24
15%
7
%
6
100%'Apr
'
13
Dec I
525
Nov
6
23
J ; MacAndrews
10
33% Jan
& M Wood
M
9
3
-Apr 26
15% Jan
*,/;.
8% July 27
Apr
Dec
>
138
-
22
Nov
6%
14% Mar
36%.Jan
;
10
27% Jun
10
9%
.Jan
Jun
94%
490
30
131
39% May
103 % Jun
30% Mar
xl6%
ft
31% Apr
-
Feb-
-
57%
*96
90
*104%
58
58
130
-
1,100
90
11%
100
9%
2,400
1,800
58
97%
96
96
.30
90
89%
90
1,800
105 3/6
*104%
105%
13%
xl3
13%
*74%
13'A
75%
12%
75%
74
74
20
*19%
19%
19%
19%
..
9,100
220
300
22
t per share
t per
8 per share
f per
share
Feb
73%
38% Jun
Jon
14
7% Jun
42%
13
~9%
Feb
34
3% Jun
13
15% Jun
July
July
14
25% Mar 80
5% Aug 16
Mohawk
Jan 20
35
Carpet
25
Jun
6
Jun
9
Jun
13
22 %
Dec
29% July
81% May
21% Jan
4
24% May 16
Aug 17
Monsanto
Aug 16
$3.25 conv pfd series A
series B
Montana-Dakota Utilities
45% NOT
99% Deo
9%
45% Jan
4
May
101% Jun
14
112
112%
Apr
103*% Jun
18
111% Jan
13
Dec
10%
Oct
Jan
4
137/a Oct
13
10
Morrell
0
25% Oct
15
25% Jan
16% Jun
29
21%
Deo
14
Jun
20%
Jan
29% May
10% Jun
Deo
28
15% Jun
14
May
Motorola
Inc
7
Motor
Wheel
29%
29%
29%
29%
11%
*11%
11%
*11%
11%
11%
51%
3,300
10%
10 Va
10%
14,200
4%
11%
23%
23%
23%
23%
53
52
52%
11%
108
110%
5
13%
52%
53
52%
52%
*110
4 Va
4%
4,000
110
110
110
19 Va
19%
19%
19%
6,700
4%
4%
4%
4%
4%
4,600
30%
30%
30%
11%
30
30%
1,200
11%
11%
23%
23%
23%
23%
900
52%
52%
52%
52%
6,700
20
•30
i
4
*11
■
•106%
107%
*106'A
107%
107%
107%
110%
110%
110 Va
110%
110%
110%
700
5,100
17,500
13%
13%
13%
13%
13%
13%
13%
13%
13%
13%
13%
51%
51%
51%
52
51%
52%
52
52 Va
52
52%
51%
52 Va
11%
11%
11%
11%
12
18
18 Va
18'/a
18
18
17%
17%
17%
18
24%
24
24%
23 7A
23%
23 Va
*11%
12
11%
18
*17%
11%
25
25%
23%
25
24%
25 Va
24%
24%
22%
21%.
21%
21%
21%
21%
23%
23%
19%
18%
18%
*19
19%
19%
19%
*19
19%
13%
13%
13%
*13%
14
1,600
11%
3,100
15%
1
17% Jan
8
Mueller
Brass
Co
-1
13 Va
13 Va
13%
jun
11% Jun
13%
Deo
7
Mullins
Mfg Corp
11%
11%
11 Va
11%
11%
11%
11 Vb
11%
13
*11 Va
Oct
x9 % Jun
_1
16%
14% Jan
11
Not
Jan
7
Munsingwear
*9%
10
9%
9%
*9%
10
21
10
Oct
9% Sep
*9%
14%
11
10
Dec
46
May
38 V, Feb
17
48% Sep
29
112
Jun
108% Oct
19
Jun
14
33% Feb
107%
Jan
12%
Sep
17
Jan
84
Deo
48
Jun
30% Mar 22
39
Oct
11
60
Deo
66%
Jan
41
1
»1
Jan
8
14% Mar
21%
Jan
10% Jun
14
18% Jan
Nasb-Kelvinator
20
Feb
82%
Sep
22
Jun
13
28
Nashville Chatt & St Louis
18
Deo
29
Jan
17% Jun
14
Sep
Jan
3
8% Feb
10% May
12% July
9% Jun
13
9% Not
17% Mar
10% Jun
10
July
500
10
9%
1,700
48%
48%
108%
108%
108%
310
13%
7,200
48%
48
48
11
47%
47%
47%
47%
47%
47%
48%
109%
109 Va
*109%
109%
109%
109 Va
108%
108%
13 Va
Murphy Co. (G C) commoz
4%% preferred.
Murray Corp of America com
10
4% preferred
00
Myers (F E) 6c Bros
No par
112% Mar 17
6
13% Jan
400
*19%
13%
13%
5,400
19%
*19
10
•
900
19,900
•
13%
*9%
2,400
11%
11%
11%
23%
22%
Inc
100
108%
13%
24
600
110 Va
*106'A
108%
*105%
*17%
6
Corp.—
23
23
23%
*105%
—No par
Products Corp.
Motor
29%
•23
No par
6
No par
t
Co
Si
19% Mar 80
6
19
(John)
4%
52%
Co
Montgomery Ward & Co
Moore-McCormack
Lines
59% Mar 29
8
Jan
19%
4%
No par
No par
$4 conv pfd
6
10% Jan
27
19%
.5
com
7
17% May
11% Jan
Co
Jan
Deo
Not
4'A
29%
No par
13% Apr
66
10
20
51%
4%
4%
20
Shares
51%
10'/a
10%
4%
19%
4%
4 Va
19
'
4%
4%
.1.25
23
13
47% Jun
47% Mar
May
Chemical
10
4%
4%
20 Va
Machine Tool
Monarch
56
122
105% Mar
Hosiery
10
4%
'<
4%
19%
Mills—.
Co Inc.
Jan
15%
Mojud
the Week
51%
52%
9%
'
-
52
4%
.20
44
8
9%
share
52%
51%
52
9%
No par
100
pfd_100
con
Feb
11% Jan
10
t per
Sper share
S per share
•
Mo-Kan-Texas RR com
1% preferred series A
Missouri Pacific RR 5%
51
52%
*9%
9
x33% Deo
52%
Mission Development Co
10% Oct 20
6
Jan
7
Sales for
Friday
Oct. 21
Oct. 20
Oct. 19
S per share
$ per share
t per share
-10
Corp
Mission
Oct. 18
Thursday
Tuesday
Oct. 17
'
'
Par
«
3% Aug 16
Feb
4
13%
Oet. 15
share
R4% Jan
Monday
Saturday
'
EXCHANGE
Highest
Lewest
Highest
Lowest
YORK STOCK
NEW
Range Since Jan. 1
Year 1048
HIGH SALE PRICES
Wednesday
LOW AND
STOCKS
Range for Previom
Monday,* October 24,-1949
COMMERCIAL & FINANCIAL CHRONICLE
THE
(1610)
13'A
13
13%
13%
13%
♦38
38%
38%
38%
38'A
*37
38
500
38%
50
48
48
*47
49 Va
200
14%
13,900
*38
49
13%
38%
39
*48
13
38%
49
*48
•48
49
49
.
*108
13
13'A
13%
N
4%
29
Mar
26% Feb
162%
Oct
5% Not
82% Deo
6
Feb
9% Deo
45
Jun
48
National Aviation Corp
,8
Jun
14
National
3
4
10
4% Jun
13
Jun
13
5
14% Aug
24% Mar
14% Deo
>3
17% not
13% Deo
15
Sep
85
Oct
35% Aug
8
5% Jun
»
*
27% Feb
17% Aug 18
:
21% Oct
14% Dee
13
7% Jun
25
17 '/a Oct
19
Feb
10
14
86% May 13
85
.
29% Jan
162
Oct
180
Not
5% Dee
15%
Feb
88
Jun
25% Apr
Jun
169% Jan
4
147%
135
Apr
7% Feb
14% Jun
Jan
.Sep
183
7% Oct
5% Mar 10
-
15
Aug 19
149
4
15
19% Jan 21
Jun
13
1
Jan
x% Jun
15
36
May
19% Jan
21
Oet
73 % Jun
13
Not
25% Jan
21% Feb
28
25% Aug 19
16% Not
26% July
15% Feb
11
19% May 16
86
Jan 24
A Deo
19% Not
81% Mar
20
80% Not
21
Not
10% Dee
9% Not
114%
94
14
U Jan
14
X80% Jun
15
10% May
16% May
12% Jan
21% Jan
4
9% Jun
13
7
91% Jan
;
Jan
/»
4
Oct
24
35% Oct
13
,12% Apr 20
11% Oct
0% Jun 20
Highest
% per share
9
Not
12% Not
100
8 per share
Feb
104
Jan
35
May
3
10
14% Mar 17
xl01% Jan
103% Aug
12
87
Feb
96%
Jan
93% Jan
3
8
Not
12% Jan
8% Jan
8
90% Mar
88
Feb
12% Dee
70
Not
20%
Feb
59
94
14
42
Aug
July
26% May
9% Feb
-90%
Jun
65
14%
Oct
19
16
99% July 29
Oct
60
14
10
14
33% Jan 12
New
York
Air
13
13% Jan
7
New
York
92
Jun
13
56
10
Jun
27
Jun
49% Jan
61
Jun
48
Jan
258
6% Mar
88
Not
14%
Mar
14%
Feb
225
'
Feb
21
Jun
19%
Feb
5% Jun
Jun
89% July
96
Feb
•
Oct
140
20
20% Jun
Oct
86
•
5
417% Jun
July
July
28% Apr
144
Mar
20%
14% Jan
,
27% Oct
>
>
14
21
21
250
10
Mar
9% Jan
13
Jun
35
35%
15%
15%
15%
21%
21
21'A
21%
21%
15%
21%
21%
21%
27,100
9%
8%
*8%
9»A
•v;500
■4
4
15% Feb
32%
'•V
17%
-
%
-ft
r.
Oct
94
Aug 26
20
Deo
26%
Jun
22
Oct
17% July
16% May 4
6% Jun 16
86%
2iy4Jun
Jan
•14
28
6
Jan
4
3
Mar 24
84
24
1,900
V/
16%
60
180 Va
179
179
147%
147%
147%
V
180
147%
7%
7%
*7Va
18%
18%
17%
7%
7%
7%
17%
17%'
17%
18 VA
%
•.•v.-
85
\
6,400
%
%
23%
23%
23%
>85 VA
'84%
84 Va
(V.
'24
24%
v:.:' i,2oo
6,800
iV
%
*24
24%
•
500
33% n
17%
17 y8
17%
17
17%
17 Va
17%
80%
80%
80%
80%
80%
80%
80Va
34%
34%
34%
34'/a
34%
34 Va
34%
2,300
10%
10%
10%
10%
•'"^ 1,600
11%
11%
11%
11%
6,200
;,34
10% *
*10%
11%
Vr,io%
11%
11%
11%
11%
11
10%
10%
11%
11%
11%
Monday
•
:
260
Oct. 18
*13%
14
103
*13%
14
*102
103
14%
■
*102
*36%
102%
*101%
102%
10%
*101
10%
10%
10 V«
37
*97
98
58
58
11%
11%
57%
28'/a
27%
10%
10"%
10%
13
Nopar
*24
Nopar
*55
59
M
*220
235
,
Shlpbldg Corp partic stock
1
17%
28
27%
27%
10%
10%
10%
10%
10%
10%
10%
84%
82%
84
82%
83%
84%
85
82%
134%
25
12%
59
59
235
235
•220
28
100
JBJo
$3.75
preferred
Noblltt-Sparks
Industries—
Corp
1
Chemical Co
_4
500
61
>
60 Va
300
6%
6%
98%
98%
*97%
98%
17%
17%
*17%
I77/«
*17%
17%
50%
51%
X49%
50%
49%
50%
50%
*92
93%
93%
93%.
93%
21
8%
8%
27%
•
22
8%-
9%
8%
27
8%
8%
27%
8%
27%
22
26%
26%
26%
99%
*26%
26%
'
1,000
50
10%
4,200
22%
io
i,7oo
93%
26%
:
10%
::
50%
26%
•
22%
*21%
21V*
21
270
18
*22
93 Va
(20%
6%
97%
*92
50%
93 Va
21 Va
*21
■r
27%
17%
98 '/a
17%
4,900
6%
26%
26 VA
98%
235
97%
6%
26 VA
♦92
51%'
;
♦230
235*
93%*
51%
*92
700
60 Va
26%
<
1.600
27%
26%
26
Elec & Gas Conn-
Common
>
♦230
•
4,600
13
27
.(> 6%
6%
6'A
26
( *56
235
*12%
27
*25%
60
,
12%
s
13,500
.
135
135
134%
12%
26
*55
,
134%
135
12%
25
-
97 Va
17%
1,400
3§'A
28
♦220
♦98
*
2,300
30%
17%
98 Va
20
30%
28'A
59
6%
98%'
H
30%
♦24%
26'A
7,900
11%
69
28
12%
6%
Light 3.90% pfd—100
3,100
60
*66%
*66%
68
>
30%
134%
24%
*220
•
11%
38%
12%
*55
•
59
11%
30
133%
24%
\
io
10,600
io ya
99
30%
12%
12%
■
•66%
133%
*131
;•
25
A
11%
68
*97
58
11%
57%
11
99
57%
*97
i
99
♦97
101%
10%
83
81%
84%
132 V2 »
9%
57%
30
io%;
*12%
101%
10 Va
100
600
:
♦27%
30 7 : 30%
30%
102 %
9*%
11%
'
30%
♦101%
10 Va
.
57%
*66%
68
68
68
102 Va
10
10%
11%
'
68
37%
57'A
•'
57%
11%
,
*37%
900
;
>
37%:
37 VA
36%
v
99
*97
99
♦97
100
103
*101%
10%
10
13%
*102
103
*102
■■•y
10 Va
36%
102%
*101%
10 Va
14
'
Shares
$ per share
10'A
*13%
103
♦102
37
*36%
37%
*36%
♦io
14
*13%
14
103
*102
the Week
Oct. 21
*13%
10%
10%
10
10
10
io
^
$ per share
t per share
S per share
t per share
^
Oct. 20
Oct. 19
Sales for
Friday
Thursday
Wednesday
Tuesday
Oct. 17
'/.
2,000
80%
11%
10%
50
2,200
17%
17
.(
33%
per share
:v
2,600
IV*-
85 Va
24%
24%
24%
24%
>'
23%
I
85
85
r,;
r
24*
*23%
23%
k
34
9,500
):•;(
180%
146%
85
17%
25%
series
9,100
33
32%
32%
32%
33'/a.
180%
146%
%
81%
26%
Electric
10,100
91%
180%
/••:
24%
17 %
80%
;'6%
Nopco
r
84%
26%
Noma
16%
91%
146
23%
17%
84%
N Y State
52
8
Jan
>
180%
7%
-.
24
*23%
.6%
6
20
86
'
>32%
16%
92 ''"r-'
16%
*91
92
146
7%
7%
100
N Y
*91
9
1,200
180%
:
146%
81%
132 Va
N Y Power &
12
7
,
33
33
32%
/ ', 180
179
24
__T0o
Nopar
5%
■
17'A
16%
16%
*91
28 Vb
preferred series A
Preferred
•
;
92
16
16%
92
N Y New Haven & Hart RR Co.lOO
99% Sep
19% Apr
25
48 % Sep
9
21
"21%
c.*8%
9
••/•A 9
9 Va
No par
$5 non-cum preferred
N Y 6c Harlem RR Co
Jun
Deo
35%
15%
—No par
'
33% Jan 21
14
91% Jan
t
60 Va Oct
5
*6%
88
Deo
35%
15%
28
N Y City Omnibus Corp
New York Dock common
Jan
13%
35%:
15%
81%
& St Louis Co com—100
N Y Chic
13
Jan 81
81
23
35%
15%
17%
.10
Central
200
35'A
15%
85
»■'
10
common
Brake
14
20
34%
10%
100
Corp
9% Jun
Feb
35%
•145%
24 %
33%
—1
100
Newport News Ship & Dry Dock 1
72% Jan 27
15
Apr 12
V
Apr 30
Mining
Newmont
Newport Industries
4%% preferred
24% Jun
Feb
11
17%
par
18% July
11% Mar
11
■
,
24
•i
100
preferred -T
Co (J J) common-No
3%% preferred
New England Elec System.
New Jersey Pr & Lt Co 4% pfd
43% Jun
89
10%
7%
%
85
1
Newberry
Not
121
"7%
LOW AND HIGH SALE PRICES
common
12% Dee
81
7%
■■1
'
,18
..
*23%
No par
21
13% Jan
25
23% Jun
Sep
10% Sep
Mar 21
Jun
29'
19,900
10%
Saturday
,4%%
4
Sep
■/ 38
'102
Mar 28
29
"•/
7%
(16%
1461%
v.."
par
Inc
7%
10%
Oct. 15
.
Nehi Corp
Neisner Bros
18% Mar 80
12% Jun
May
x27% Mar
share
6,300
8%
7%
15 %
33%
7%
EXCHANGE
9% Jan
19% Jan
19
8 per
S per share
2,600
8%
7%
«*8%
'
180%
18
STOCK
YORK
NEW
Range Since Jan. 1
i
Highest
Lowest
»
2,800
32
10%
STOCKS
Year 1948
•
32
8%'
930
7%
92
33%
*145
No par <
Co
Natomas
15
6
32
-
400
9,900
.6%
6
8%
'
f
t
•
10%
6%
•
.
92
*179%
7%
Range for Previous
Lowest
•
Lead Co common—
10
preferred A
—
100
6% preferred B
100
National Linen Service Corp
1
Nati Malleable & Steel Cast.No par
Natl Power 6c Lt ex-dist
No pax
National Shares Corp
—No par
National Steel Corp—
,—-28
-No par
National Sugar Ref Co.
National Supply (The) Pa com—10
4%% preferred
100
National Tea' Co
10
Natl- Vulcanized Fibre Co
—1
National
33% Jan 21
14
177
16%
•
32
181
*179
179
5%
8%
36 VA
35%
36%
179 '
#.
s.
r
;9VA
16%
35%
V
-
■
:
10%,
6%
10%
;
21%
*91
.—No par
$4.50 preferred
15%
•21%
40 Va
36,100
5,300
16
21
36
'*8%
13%
40
32%
8%
.
,
13
39%
15%
6%
;•
32%
8%
6%
*
10%
35%
6 v
32%
8%
35
10%
12%
16%
13%
15%
39%
180
-
32 Va
10%
ft■
'15%
/
8%
8%
V
6
32%
32
.S'/f'
181
6
6
5%
32%
*179
180'A
.180
181%
>6%
36
v
179
7%
13%;
40
35%
'36%
35%
36%;
36 V,
7%
16Va
;
*38%
40
'
36%'
7
,
13
13'/.
*38%
3,200
7%
-
•
40
<
800
7%
22%
21%
7%
15%
15%
12%
12%
*12%
*39
230
22'A
22%
22
7%
7%
15%
15%
14%
-
8%
Prod*—.Nopar
Nat Enameling Si Stamping—18.10
National Gypsum Co com
.1
14y. Feb
13
xll% Jun
96% May
7%
V
*32%
National Distillers
6
7%
7%
(22
22
22
22
*21%
•
26%
•26
'
12%
•*6
14%
14%
26
14%
26
40
-
180 Va
10
NO'par
.1
.1
1
National Dairy Products
NO par
National Department Storaa
J
14
:
*
—100
Corp
Lines Inc
National Container Co
National Cylinder Gas Co
11
.
13% Feb. 14
May
32%May
jun
10
17% Jun
31
-20%
Jan
36% Oct
12
9% Jun: 13
Jun
14%
26
15%
•
36%
*
National City
8
9% Jan
Can
14%
25%
7%
12%
•39
National Cash Register
5
8% Aug 10
:
common
preferred
1%
National
14%
25%
"
Co—
National Biscuit Co
185% Sep 15
7% Mar 29
13
30% Jun
'
Aug 28
13
'36% Oct
170% Mar 18
v
•15
National Automotive Fibres ]
Battery
22
14%
26%
14%
26
14%
26
'
-
27%
7%
13% Apr
4
15
•
*21%
41
'
10% Mar
—
13
28
Jun
9% May
12% Jan
Co
Acme
National Airlines
9% Apr
-
9% May
National
11
*27
100
.1
1
30% Jan
'
Oct
176%
28% Apr
I.
14%
•
Corp
4
16% Oct 19
5
July
82%
7
Jan 21
26%
•
70
1,300
;
17,900
1,000
*
"
'
58
Feb
62% not
25
Aug
28% Jan
14% Mar
8
Jan
17%
47% Sep
4
26
21
tMar
15% Jan
Jun
69% Jan
.
7
10
Norfolk & Western Ry com
Adjustment
28% JaD 20
.
20% July 19
11% Jan
7
3
28
20
preferred
American
North
10
Co
American^, Aviation
Central Ry Co
Natural Gas Co
North
82% Mar
93
Jun
75% July 22
85
18
Northern
.1
80
25%
86%
Jun
31
14
3R% Mar 17
Northern
10
11% Jun
13
18% Oct
8% Feb
28
11
16%
Peb
Dee
13% May
27%
8% Jun
Jun
Jan
14
Feb
11
Pacific
Northern
49%
28
i
,
49%
48
48%
*27 y,r
27%
27
27
17%'
17%
17%
17%
17%
17%
25,200
10%
10%
10%
10%
10%
28,100
10
79%'
79
35 Va
34%
10%
10%
79
79
78%
79
34%
34%
35 Va
34%
10%
Nopar
90
——Nopar
10
*108
108%
11
17%
17%
10%
10%
90%
"17'/a
10%
90%
1
17%
10%
90%
91
11 Va
■'
35%
90%
17%
10%
100
50"
79
417%
17%
Nopar
Ry
>
49%
♦27 Va
10%
10'/a
10%
-
35%
17 Va
17%
49
27%
♦27
27%
17'A
-
48%
49%
*27
VA
17%
10%
♦78
48%
49%
*27
.17%
1
78
Aug
103%
Oct
8% Not
90
109%
84
Mar
7
16
Not
27% May
83%
Jan
40%
Jun
19
move, Mar 22
.
Apr
7% May
14% Jun
13% Jun
14
32
"*■
15
26%
14%
$4.80
4.6%
19% July 25
'
Jun
Jan
11
Jun
27% Jan
3
Jun
99% Jan
3
'14% Oct
2
20
preferred
Telegraph
INorwalk
'
11% Mar
:
Northwestern
4
'4% Jan
36
1% May 21
preferred
preferred
Northwest Airlines Inc common
11% Oct 21
g
'
8% Dee
18% Mar
$3.60
94% Aug 11
Apr 29
107% Sep
Deo
17% Mar
Common
Norwich
7
20
.
Tire & RubberPharmacal Co
—Nopar
2J0
•
v
*108
19
19%
33%
17:.
2%
14
14
*
14
•
♦107%
108
10%
10%
••
...
91
108
X18%
18%
33%
33%
33 Va
2%
♦2%
#
13
12%
10%
90%
i
18%
,
30,300
1^00
I
400
<■
33%
12%
10%
91
3,300
"240
33%
13
17%
19%
33%
33%.
2%
240
5,200
11,600
19
*2%
.
25,100
11%
r
Z
,
35 Va
11%
19 VB
'
80
107 %
18%
27A
500
-107%
; 108
11 Va
•
33 Va
2%
12%
91%
17
:
-10%,
107/a
2%
13%
10%
108;
; 18%
19
>
*90%
10%
17'A
10%
90%.
17%
33%
33%
2%
;
10%
11
19
33%
*2%'
108
108 y8
10%
10%.
34%
35%
34%
:
*79
80
*79
>
Northern States Pwr Co (Minn)—
Sep 26
5,900
48 Va
27%
17%
•
*■,
*2%
2%
400
12%
=
13
12%
1,600
O
Dee
92%. Jan
26%
Feb
16%
Apr
Peb
22%
92
Mar
6%
Dee
108
43
18%
Jun
Deo
100
Jan
Jan
23
Jun
27
Jan
7
Oklahoma
7
Oliver Corp
5
79% July 13
'18% Aug 22
90% Jan
&
8%
7
Opp«nhi>irn
<"!«>nins
Otis Elevator
Jun
13
15
Sep
30
1
16% Jan
24
Outboard Marine
7
79
28
Outlet
80
Dee
89
Feb
64% July
47%
Dee
73% Jan
49% aan
26
3
35 "Va Oct
20
'
Jan
59% Sep
7
—Nopar
6%
10o
Corp (The) common
convertible preferred A
Jan
170
31
pfd—_J0
preferred
Omnibus
liy»Jun
Jan
Elec 4%
common—
28
Jan
23
4rrrfr"
30%
*104%
par
_
_
..
Gas
f
100
„/
common
no
convertible
4V%%
10
22% Jan
oil
148
164
19% Mar
Oct
11
Cn
preferred
31% Jan
9
6% Feb
4.40%
7
i
14
Edison
Ohio
J«m
16% Not
*«otnor^
s
26
99
Jun
144% Not
P"r
106% Sep
33% Jan
91% July 26
87% Jun
Ohio
May 18
20
Jan
86% July
20
33
23% May 31
17% Jan
8
X109% July
12% Apr
88
,
,
—6
100
_____
10
Nopar
24%
*8%
83%
*21
31% *
Co
Glass
Co
.
..
30%
104%
104%
30%
30%
31%
18
8%
88%
22% v
35%
35%
166 Va
No par
12 er
*73%
14
'
77
57%
s
88%
34%
80
26%
25%
93 Va
93%
93%'
8%
8%
8%
166
-
*72
57%
8%
88
88%
88
•
89
*20%
22%
*20%
35%
35%
35%
166
165%
165%
14
*13%
22
35%
76
58%
*
*71'A
58
*166
31,900
31
104 7/a
440
31%
14,600
*18'A
•
104%
31%
-
26%
93 Va
*13%
14
58
18 Va
25%
35
35%
57%
! 18%
94
*20%
166 Va
*75
18%
25%
88
21%
*13%
105%
31 Va
30%
36%
31 Va
r
18%
8%
88'A
165'/a
•
18%
*92%
8%
21%
-
30%
105%
'
25
25%
93%
8%
31
*18
18
24%
93%
*13%
-
30%
105 Va
30%
18 .'
166%
57%
30%
104%
30%
25
-2JH)
8c Mfg
30%
105 Va
v
95 4
1t)fl
common
praferr*»d
Owens-Tlllnois
*17%
*93%
31
30%
104%
30%
105
18%
1,100
6,800
26
26
93
'
93
8%
8%
230
8%
89
*88
22
*20
22
35
35%
166%
,
165%
..."
35%
166
13 Va
14
*13%
14
13%
76
*71%
76
*71 Va
59
58 Va
59
100
9,600
450
300
76
58 Va
3,300
160
89
58%
4,900
Volume
170
Number 4849
-
THE
COMMERCIAL & FINANCIAL CHRONICLE
NEW
Range for Previous
y
Year 1948
Lowest
$ per share
STOCK
'
Range Since Jan. 1 ■
'
Highest
NEW
Lowest
V
t per share
J per share
LOW
SlOCK
YORK
Monday
Oct. 15
Sper share
7
Saturday
.
EXCHANGE
Par
,
AND
HIGH
Tuesday,
.
Oct. 17
tper share
'
SALE
Feb
15% May
8*
Dee
10
80 Mb
Sep
78
34% Feb
11% Mar 29
14
7
Pacific
Amer
8
Jun
6
10% Jan 18
Pacific
Coast
Anr
51
Sep
1
71
Aug 16
40
43% May
29
15% Mar
21%
Jun
18
Feb
24
86%
Jan
30% Jan
3
6
29%
Dec
_
130
104% Jun
147
3% Dec
•
«.
39%
■
Dec >,
13% Mar
I
46=
i; 92.
[j
Feb
w
66
2% Jun,,
29% Jun
100
Jun
44
3% Jun
13
8
Jan
3
Jun
10
22
49% Jan,
5
95% Jun 23
5% Jun
,
...
S per share
Oct
13.
Packard
8
x
Motor
63% Oct 17
•'4%
12%
12%
12%
34 %
•9
9%
9
*57
58%
*33
34
32%
53
>
53
;
*30%
10>t
100!
143%
143%
,
34
*34
19%
19%
19 %
20%
♦20
32%
32%
32%
53 %
<
*
31%
34
32%
20
32%
*3 ¥4
#
28
53%
c
31
99%
*
x52
■
100
20
•
1,800 !
32
32%
13,500
2,000:
51%
51%
27%
28
9
,8%
19%
27%
'
141%
141
141
3%
3%
41%
42%
42%
61%
180
63
*99%
I
er
8%
3%
8%
143%
v;
3%.
43
37/.
61%
61
63Y4
100 »/a
19%
87/8
■«.
62%
20 %<
62%
♦99%. 100 y4
100
20
627/s
3%
3%
9
9'A
>
22"
100 ;
19%
100
'6%
6%
>'.
6%
6%
6%
6%
6%
>
67/a
■
2,500
■
-
,.
2,200
.
•
17,600,•
■
16,900'
,
19%
4,600
62%
61%
100 y
•
"
>6%
760,.
'
41%
-
6.90C*
330:
4iya
61% ~62y4
100
-
'
3%
-
3%
87/e
20
3%
9
3%
8%
..
*
42
41%
,
3%
87/a
19%
20
♦99%
100%»
-:6%
..
8%*
19%
51%
141
3%
■
100
101%
3%
'
19%:
51%
27%
•
_2%.
34 y8
101 y4
3%
*
34 y8
101 :
■ 3«A
3%'-
20
32 y4
100%
3%
J
20 y8
32
28
•141%
■
34 y*
20 y8
52%
144%
42
3%
34%
:
27%'
•142%
>43%
: 3%
600
; 370:
9
58
•iooy« 100%
>
144%
3%
,
12%
9
*56%
20%
*142%
42%
3%
12%
9
58%
35
52
27%
100%
,
*
Shares
32%
32%
52 V*
27%
100
3%-
42 y4
r
No par
12%
•57
*
Preferred
12%
9Mi
58%
for
the Week
I per share
*
1
9
*57
:
20
1
.10
Panhandle Prod Ac Refining
12%
9%
58%
Sales
Oct. 21
t per share
•57
*
Friday
Oct. 20
S per share
*9
34 y8
Pan-American Petrol A Transp—8
Panhandle East Pipe L com—No par
20
12%
Thursday
Oct. 19
f per share
~
No par
Car
*12%
9
59%
No par
;
Pan American Airways Corp
8
Oct
Lighting Corp
12%.
9
Pacific Telep A Teleg commonx.100
«•■■* preferred!
loo
Pacific Tin Consolidated. Corp
Pacific Western Oil Corp_c
102% Jan 27
8% Apy. 16...
13
*12%
♦58%
*
Pacific Mills
'
8
4% Jan
10% Aim*
12
May
11%
13
,
8
10
No par
Pacific
6
4% Jan
,
Inc
common
non-cum_
Sep 13
Apr 14
103% Sep ,8,
147% Sep 22
1
Co
2nd preferred non-cum——No par
Pacinc Finance Corp of Calll_'
10
Pacific Gas As Electric
:
28
-
34% July-20^
7
6
vOct
Oct
^^Peb
s.;
Feb
Jan
Apr
11% May
21% Jun
...
14
89
62% May
5% May..
8% Nov,
(»
t 1
27% Jun
135
Mar ;
-
6%
Nov
4
*
44% July
Deo
Nov
j89
Jun-
Fisheries
preferred
Jan
54
55% July
1st
4
Jan 17
-34
50
Nov
47% Mar
-
Apr
21
29%
r
Jan
May
,
PRICES
Wednesday
„
Oct. 18
r:
11 Ys
23
RECORD
STOCKS
Highest
*
YORK
(1611)
5,600
6%,
i
160;
100;.,6%W:
7,700;
>
'
,
*
|
97
v
Jan
♦
18%
28
18% Dec
f.
Feb
'
1
;
i
i
:
15% Jun
Jun
102% Feb
26% May
2
14
-
17% Oct
5L
Mar
37
May
Jan*
7
7
>24% Feb
5
17
Aug
9
3
7
30
24% Nov
80% Jun
10
6% Mar.
I
9
Feb
:
23% Mar
x6
May
16% Jun
2
Jun
5
15
9% Aug 30
Deo
-
88%
37v-Jan
Feb
.
49% Jun
Deo
10%
Feb
Deo
21% NOV »
34% May:
Oct
16%
Deo
.16%
Dec
35%
Deo
103
28
Jan
106
120
.
Dec
45%
Jan
Feb
99 <
Nov
7%
NOV
Deo
80%
98%
Oct
9%
Feb
14%
Feb
44%
104
*
Deo
*
May
9
11
23% Oct
13
17% Jan
13
43% Oct
A
'
Penn
Mar 28
;Jan;
•
102
'
May 18
3
:30
120
Sep
Apr
28
17
Mar 11
Jan
9% Jun-14
Jan
3
40% Jun
6
13
♦
Corp com—No par
J
series A
conv
pfd
Pepsi-Cola Co
Pet Milk Co common
28
4%%
:
13
preferred
lfolffer
Pflser
Brewing
28 %
19%
14%
-36
118
40% Feb
59 1
Dec
20%
May
.»
36 y« Jun
Nov
7
X48% Mar 30
104% May 5
.24% Jun
Deo
22
July
60
Dec
93
90% Mar 24
20% Jan
25%
Sep
23% Jun
104^
Jan
115%
Jun
110 % Apr
91
Jan
103%
Jun
98
111
Jun
105
3
-
103% Sep
8
53% Jan
24 *
Oct
'
*35
„
•'•9y2-,:
22%
23% ;
*26%
42
36
*26%
104%
;.'"> 12%
28
'26%
.
May 17,
>42%
117
7
104
Apr
8
$1
Sep 22
Aug
110% Sep
8
1
?
conv preference com
4.4%
3.8%
preferred
preferred-.
Range for Previous
49 %
■'
8%
•
25%
*25
'
Lowest
* *
114%
100
*101
**
101%
•101 v
100
NEW YORK
*106%
108%
•106%
S per share
Highest' I
% per share
EXCHANGE
tper share
:f
V
Par
42%
"
U
:
*103%
V:
104 V*
47%
*
■
*103
47%
43%
•10iy8
102
108
•106%
25
108
'
•»
<
♦101%
y
108
Oct. 19
Oct. 21
I per share
Phila A Reading Coal As Iron
1
14%
14%
14%
14%
14%
14%
14%
14%
14%
Phllco
3
31
31%
30%
31%
30%
31%
30%
31V*
30
30%
83
81%
8iya
*81%
83 %
*81%
83%
49%
48%
48%
48%
48%
99%
99%
99%
9 8T%
94
j
93% Jan
Jan
97%
Jun
82%
Nov
88%
Oct
11
Deo
13%
Sep
87% Jan
54% Jan
10
88
•>.
14
8
64 ,4 Apr 19* 5
11
Mar 30
-
34%
98%
Apr
103%
Jun
113
Deo
15%
Deo
Jan^
Jan
Sep
170
142
July
156% Jun
28
Jan
28
Jun
28% Jun
13
35% Oct
4
10
Jan
6% Jun
13
8% Jan
"7
Jun
7% Jun
14
15% Jan
7
Dec
96
Oct
82% May
26% Oct
Feb
Jan
161
Deo
Jan
Feb
Jan
•
*
Feb
Feb
Jan
Apr
65% Jun
v
24
8% Feb
36% Feb
Jun
24
11
32
Mar
8% Jun 14
12 % Apr 21
4% Jun
85% May
71% Jan
21
4
Oct
17
50% Apr
18
Pond Creek Pocahontas
15% Oct
14
Potomac
8% Jan
24
Pressed Steel Car Co Inc
Poor As
Co
class B
11
28% May
94
Apr
39% July
14% Jun
14
22
Feb
2
84
Oct
18
38
Jan
3
90% Mar 17
45% Sep 30
Public
3
25
32%
Nov
53
Feb
42
4%%
conv
Publicker
84.75
Industries
cum
13
28% Aug
30% Feb
25
37
Apr 30
Pullman
Inc
com
14
33
Oct
Pure Oil
(The)
8
109
Jan
104%.
*103%
*95
'
-
7%
9%
9%
145
81.40 dlv preference
*84%
86
7
*9%
♦130
20
*28%
29
28%
28%
1,700
14
14 Ya
*13%
13%
800.
•153%
163
158
*153 Va
158
163
163
♦163
164
;
35%
35%
7%
7%
7%
7 Ya
7%
7%
9%
9%
145
♦130
•130
61 Va
*60%
61
17
17
*16%
17%
140
♦137
140
25
24
24
24%
24%
11%
12
12
11%
46%
45
45%
45 Va
11%
45%
41%
*40
41
40%
40%
11%
*11%.
15%
15V8
46
•153%
35%
61
5
158
163
35%
17%
11%
13%
13%
35%
61%
*24%
1,700
29
*17
*137
12%
84%
28 3A
73%
1
12%
84%
73
5
100
12%
35%
9%
9%
104 %
*94
100
12%
100
86
158
7 r.
145
103 %
*
104%
•94
12%
31%
*84%
164
35%
7%
*103%
100
100
♦31%
86
*153%
35%
32
15,600:
9
•84%
*163
158
,
104%
♦8
14%
*14
14 Ya
12%
61%
61%
8%
28%
28%
A 163
35
'A
12%
29
*13%
*153%
•103%
•94
♦12%
86 y.
28%
163
104%
100
>
12%
♦84
35%
*94
105
12%
v*61
100
♦40%
11%
11%
15 Vo
15 Va
6
1
15
5%
72
72%
9%
*130
4,100
7%
2,900
9%
1,100
-
9%
135
80
35%
♦130
145
72%
72%
72%
71 %
71%
160
61%
.
61%
61V*
61%
*60%
61%
250
♦16ya
140
*137
9%
9%
145
72%
17%
*16%
17%
16%
16%
300
137 V*
137%
24
*136
♦135
140
23%
24%
140
10
24
1
*23%
24%
1,400
12
*11%
11%
300
12
*11%
45%
46
44%
46
40
40%
39%
39%
11%
11% A 11%
*11%
11%
15 '/a.
15
♦11%
45
*39
45
6,100
39%
W
11% "11%
■600
600
,
*
15%
15
''15'/a
15i/4
6
6Va
6%
6%
16%
15%
7,000
7%
25%
26
26
26%
28'/2
29'/a
74%
74%
74
74%
74
74%
X73%
16
16%
16%'
'
16%
16%
84
84 'A
*84
85%
441/a
44%
44
44%
24%
24%
25%
24%
24%
28%
2 8 i/a
28%
44%
24%
7
25
84%
85%
*44»%
7i/4
25
44 Va
*84%
6 J/2
6%
74%
24
74%
*16%
«
No par
33,700
44
I6I/2
:
•84
17%
85%
32
'161/2
84
-
4,500
741/2
:
4,300
16%
9,800
84
A
150
44%
44%
44%
44%
2,100
24%
24%
24%
-24%
'241/2
12,800
28'/a
28%
28 ya
28%
28%
28%
34
34l/»
34
33%
33%
33%
34
33%
341/8
33%
33%
12,000
32%
32%
32 y8
31%
32
31%
32%
31%
32%
32 Va
32%
15,300
100
♦107%
108%
*107%
108
107%
*1071/2
No par
*27%
27%
28%
No par
..No par
July
25% Jun 17
July 11
29% May 9
11% May
13% Jun 13
80% Jan
14
' Quaker State Oil Refining Corp—18
9% Jun 28
14% Jan
7
Radio Corp of America com—No par
74% Jan 22
83450 1st preferred
No par
Radlo-Keith-Orpheum Corp
1
Ralston Purina Co 3%% pfd
100
Raybestos-Manhattan
No par
Rayonler Inc common
1
82 preferred
23
Reading Co common
50
4% non-cum 1st preferred
50
6% conv preferred
Purity Bakeries Corp
24
74%
com__No par
common
6%
*23%
5
No par
Inc
24% Jun
107
*103%
74%
No par
preferred
25% Jun
S3
104%
86
*73%,
Service* Co of Colorado—J20
Jan
8
*31%
12%
*130
preferred series A—50
Procter As Gamble
May
108% Sep
13
32
61%
'
'
com
Pub Berv El A Gas com
x25%
*31%
10
Electrlo Power Co
21
18
31%
No par
Oct
Sep
31%
7%
I '
76
20% Jan
31%
61
49
'
44% Sep 13
12% Mar 30
57% Feb 26
Jun
8%
35%
j_100
Pittsburgh Young A Ash pfd..
Pitts ton Co (The)
Plough Inc
Plymouth Oil Co
Oct
24%
Dee
Apr
12
9
J
No par
B
32
30% May
17%
13
Feb
29
.61%
158
class
200
90
•7%
164
preferred
30
11%
*87
60%
*153%
preferred class A
100
6%% 1st ser conv prior pfd—100
Pittsburgh A West Virginia
100
96%
*11 Va
8%y
♦163
■
*94
11'A
60% y
Pitts Ft Wayne A Chic Ry com_l00
7% gtd preferred
100
No par
94
90
11%
*87
*7%
*84
10
30p
60%
14
Pittsburgh Plate Glass Co
Pittsburgh Screw A Bolt
Pittsburgh Steel Co com
10,800
99%
8%.
105
20
"
49%
60%
,
17,400
81%
*99 V*
94
96%
i
30 Va
81%
49%
*7%
♦31%
4,400
30
83%
99%
59%
32
Shares
.
14%
49 Va
8%
>
14
:
Mar 22
Dec
Feb
3
1
147
90.
96%
14%
I
99%
.
12
♦87
*12%
5%
27
•107/a
90
1
7%
71% Jan
12
*87;
29'/a
24
21% Jan
*94
*10%
90%
28%
Jan
8
Aug 12
Xl9% Jun 14
*95
94
12
•88
1
May 18
15
Dec
Feb
88
59% Sep
20
101%
175
14% Jun
25
x25
7
21
136
-16% May
14% July
11% May
Nov
Mar
135
70% May
:46
Deo
32%
July
46% July
12% July
9% May
81
Pitts Consolidation Coal Co
5
170
18
7
153% Oct
Deo
62%
Jan
26
Feb
Nov
32
20
Jan
5%
2
Jan
73%
22%
; Feb
Pittsburgh Forglngs Co
70%
12%
85
39%
Feb
11%
15
7
169
*103%
79 ,v Jun
16% Jan
Deo
*31%
No par
7
Feb
7% Nov
25
100
Pitts Coke As Chem Co com—No par
85 convertible preferred—No par
10% Jun
30
*7%
•94
*10%
90%
60%
-60%
B
Pitts C C Ar St Louis RR
49%
*81%
100
12
*88
No par
common
48%
•99
96
*10%
100
3
14% Mar 14
100
*94
No par
Jan
11
Jun
157
29%
Pillabury Mills Ino
84 preferred
*99%
100
Phillips Jones Corp com
ft* preferred
Phillips Petroleum
Phoenix Hosiery
13
Apr
26%
32% Aug 26
105% Apr
4
100% Jun 22
t
24% Jun
155
33
11
23%
Feb
15
13
Feb
49%
100
July
86% July
Mar
145
Jun
100% Jan
5
100% Jun 22
93
Dec
140
26
Jun
138
10%
94
Sep 21
12% May 14
7% Sep
Deo
12%
preferred
3.00% preferred
51% Jun
30
28
4%
90
14% May
80%
6
10
11
87 % Aug 18
,
10%
Jan
10% Feb
50% Oct
102% Aug 24
92% Aug
77% Jun
Deo
110
3
,
the Week
$ per share
14%
7
Sales for
Friday
Oct. 20
$ per share
7
87
100
"10
"
Thursday
19% Jan
*81%
1,100
101%
*106%
,
6,500
y
t-4
Wednesday
•
t
;
114
102
450
1,150
25
114
*106%
--
-
24;
25 "A
113 l/a
•lOlVa
108
$per share
23%
25%
40% Jan
preferred series A
100
Philip Morris As Co Ltd common—5
>
103%
28
3%%
18,500
44
!57%
113%
4
H4y4
101%
43%
56%
28
8
,
*103ya
11% Jun
88% Feb
2,000
56%
23% 423%
>25ya
-
<<
19
19
.
108
27%
*18%
19
A
♦107%
108i/4
107%
27%
27%
27%
27%
27%
28
18%
18%
19
19
19
19
28'A
27%
*18%
•
9,000
108
100
27%
1,000
19
500
R
7%
Feb
18
63%
Feb
66% Jun
14
6%
Oct
75% May
11% May
X7
Jun
15
98%
Jun
92%
Jan
4
84%
Jun
9% Apr
100% Sep
4
89
Nov
25%
Deo *
Jun
23% Jun
Jan
22%
19
Feb
X36
21% Jun
14
31
30% Feb
4
Jan
35
26% Jun
17
34% Feb
3
17% Jun
14
23% Jan
7
Apr
35
20
43
Jan
3
Jun
28% Jun 29
36
Jan
7
16%
Feb
July
May
27% July
36%
Feb
45
31
Feb
89
For footnotes see
page 26.
Oct
14
29
7
4*
non-cum
2nd preferred
50
•26%
13
13%
12%
13%
12%
72%
72%
71%
71%
72
7%
7%
7%
7%
7%
7%
99%
99 Y*
99 y*
12%
12%
72
72%
7%
7%
*98
13%
73%
7%
12%
73
12«/8
*72
'
99%
27%
7%
♦98
*26%
27%
12%
*72
21Y* i.27%
24
24
24
24
24 y8
30%
30%
30 Ya
30%
30%
.
24%
•19%
19%
18%
19
19
19
37%
36
36
*35
37
30%
*29%
30
*28%
24%
•30
♦36
30
27%
30 Ya
*19
30
99
36
♦29%
99%
*99
27%
•26%
7%
100
27
99 Ya
,
27
*30%
*18%
19%
19 y«
35
35
30
29%
29%
600
14,700
99 y8
400
-
24%
24%
30%
19%
113,600
'
7%
24
24%
•30%
36
13
72
'
27
25
31
35
*29
w
8,400;
47%
102 %
22% Jun
80% July 11
37% Jan
4
100
.4,100
y
12%
56%
' 23%
25
-114Y4
44
»
r
29%
,
102%
■„.
Nov
Dec
104%
12%
45% July
July
2,000
27,500
27>
27%
48% V
"
9
;
12% «
28
2,800 -»)
*
12%
♦26'A
103%
,
36
8%
48
56%
104
.
23%
:-
25 ys
Oct. 18
tper share
f
12%
43%
56 V*
103
Tuesday V.
Oct. 17
Oct. 15
8 per share
117
27%
48%
43 Va
:
•
114 »A'.
108
Monday
,
12%
s 27
: 103%
>:■:■
1,500
*35 "
9 Ya
*26%
A
12%
25,500
116 V*
8%
t-
14%
111
12%
j.'
400
20,600
43%
14%
43%
*109
36
3,800
'
'
19%
116%
116
11!
27%
23%
25y8
♦lOl'/o
108%
27
12%
'56ya
114%
101%
i,:i
9%
27'A
103
23%
'
'
43%
56%
:
*26%
■
#"
10%
r.
14'A
r
110%
v
19%
43%
200
7,300
*100
9
23 ;
29
.
700
.
52%
-
•108
;
111
*35-
35%
117
•: 9y.
48%
42%
23%
*
10
14%
•43 y4
1,000
' :
v.
103
:
27
•
•109
21V*
47%
103 '
14%
-9
19%
21%
39%
500:
1,400
6%
•28
Jan
v91
I
7%
22%
,
9Q
Jan
81
Sep
25% Mar
1,100-
10"
52%
4
14
common
-v
'
5,700 1
6%,
9Va'.
22%
28
Corp
.
29-,"
•16y*> :16%
•32%
33%
i
53
;
19%
43%
116%
J
52%
8OD'
19%
12%
27%
'*112% 114%
Saturday
""
200
2,200
25%
10
16%
•9L.
LQW AND HIGH SALE PRICES
STOCK
500';
'
•25
•7
33
22%
111
•35
y
y
;
*
28%
14 y»
104 y4
'-•12
25'A
*112%
>
♦103%
27%
56%- 56%
/ 102%
23%
100
;
19%
,t-2%
28%
110%; i;*108A 110%
—
43%
8% ,♦ 9%
48%
,-.42%
:
.
"23%,
^
36
,
9V4
■>
Range Since Jan. 1
Highest "
$ per share
*25
-43.
V 57
103
23%
17,700
46
2
•6%'>
*16'A
33^-
•
:
23 y4
•109
117
*26%
12%
48%
*108
43 1
♦35
STOCKS
Year 1948
Lowest
1
—NO par
preferred
4.3%
;
103'
►18 Y*
10 y8
6%
•V
»
:
53
•
-
19%
111
116%
104 %
'
»
-y 9% ; 9%
27;.;
♦102%
.12%
*56V4
.1,100,
21%
•44 ya
7
7.
10
6%
28%
110%
*108%
116 —
8% •
12%
25
25 y4
16%
22%
y T8% •19%'
14 y4
14%
41%
'
*27%
.50
86 preferred
■
—No par
Phila Electric Co common—No par
-
25,
•33%
52%
: *9 •-
'
28%
*108
9'A" -9%
9.
-27%,
•48ya
53 y®
*8%
>14%
115%
>
♦102%
Phelps-Dodge Corp
Philadelphia Co 6* preferred
r
19
26% May 16 i
6
Jan
.
21
57% Oct 21
104
29 Ya
>
IOYa
33 y4-
r
•
IF*
•
52%
-
11.
48%
29 t".
6%
109
"
1
2%
25%
A 16%
28%
19
14%
6%
:
'
noya
19'A
-
5
—I
46
2ya
29 ",
10 Ys
21%
19 Y\
♦44%
lYsi-ilV*
>:i
.ioy8
'
*27 Ya
•108
.—No par
(Chas) Ac Co Inc
'25%r
6%
-
110%
*9%
.100
•18%
18%.
*102%. 103%
21%
>
2y#
28%!
*32.ya ,33
^
9%
22% -•23 —
41%
87/s
28%
■,'^16%, -:16%:i-
*8Vi
*106'/a
•*2G%
—
Co_l
6%
*
116
_33%c
10
21 y8
46%
25%
»
•18%
1.8 %
18%
►102%. 103%
19
1
2y»..;
:->:-7%->'.;.7%
; 52% -52%
41%
NO par
Petroleum Corp of America
31% Aug
3
51% Jan 19
*6%
52%
*35 -„
:
•45%
2%
25%
•i6y« -16 yy
109%
"
*18
47.
:
28%
10
♦40%
;
2
'•32% -32%
: 9%
14%
.100
21%
*45%
--7y« y 7%
*106%
100
19%
103%
2iy«
18
25%
10
;23%
19%
Peoria As Eastern Ry CO...——100
!
i
-
19%
•102 ya
21 Va
28%'!
V t 25%
19
103%
..
.18
2— --2 Mi.
28%
6%.
*107%
?■
1
16%
*8%
*26%
—100
47 y4
>
'33%,
•23%
—_7
Peoples Drug Stores Inc
Peoples Oas Light 8c Coke__
Ai
Sep
Co.
7%'
18
47---
18%
'
52%"
:
Corp———10
:
Sep,14
106% Sep
5
—_Nopar v*
Coke
17%
10%
*6%
'
13
12% Oct 20
12
10%
Light Co
No par
Pennsylvania RR
50
Pennsylvania Salt Mfg Co com—lo
May 16
9
'
*
;i6%
*32%
preferred
3%%
26%
*7%
5
Cement
21
2%-
*25%
Penn Power At
*
21
-
6%
•28%*
25
Ac
*102 Va
21%'
■48%'
28%
———NO par
18l/a
i03%".
21 y«
•
19%'
•
j
Penn Glarfe Sand
1
111% Aug 24
7% May 31
8% Jan
3
Coal
■
*47%
*2%:
5
common
Penney (J C) Oo
19
Jun
conv
Penn-Dlxte
7
Mar
6%
Enterprises
Fenlck As Ford—,
28%.Jan 21
20
96% Feb
17% Jun
20% May
>64% July
i
111
29
.
Jan
;
16
32
20% May
24% Jan
22-
i
io% FeD
.
*18
22
18
*102'/a-
103%
21%
1
...
'
19
•
prior preferred—-
Peabody Coal Co
■«
3
18
104
Oct
9%
Jun
4
14% Jun
Apr
86%
5
6
19
*102%
r
.1
-
...
Patino Mines A
33 % Aug
16% Jun 29
20% July
22% May
48
Apr
Feb
-
17% Feb
>23% Jun
3
7
Jan
100
>
54% Sep
14 :
Jan
112
8
i-No par
com.-
preferred
Part: Ac TUford inc
l
Part Utah ConsolidatedMines—1 A
19% Jan 10
'
3
7% Jun
0%
15%
109%
:
•
.
42% Jan
27-
*
27% Jan 31
-
Ino
Parte Davis Ac Co
.—No par
Parker Rust Proof Co
ix
>.2.50
Parmelee Transportation >___No par
,14% Jan If
5% Aug 31
15%Sep
6
27
Cos
convertible
When Issued
July 19
26% Aug
7% Jan
4%
Paramount Pictures ino
2% Feb 28
,
'
•
Parafflne
.
21% July 7
47% Oct 17
4
1% Jun
24% Jan
,8% May
93% Jan
23% Deo
20
104% Jan-
8
18%'Jun U
.
84% Feb
A
|
May
105
600
1,700
30%
19 »A
35
29%
300
1,100
>
600
400
Monday) October 24, 1949
CHRONICLE-'
FINANCIAL
COMMERCIAL &
THE
(1612)
24
STOCK RECORD
NEW' YORK
PRICES
LOW AND HIGH SALE
Previous'
Range for
Lowest
Highest
10
Deo
Dec
IS
16
23% Jan. 25
May '
16% Oct
4%'Jun 29
14% Jan
Deo
25% May :
17% Deo
13% May1
8y* Dec
66
Dec
Deo
10 Va
Dec
50
15% May
78%
99
Aug"
29% Jan
NOV
Deo
8
6%
18%
98
!
4%
May-<
34%
'41% Jan
,
42%
50 ■
Jut*
80"** Oct
103% Dec
94>
Jun
85%
103% Ded
102%
17
24%
Dec
-
y
13%
Maf,.
49
Jun
17% Dec
-28
Jun
15% Jun
x3% Jun
7% May
39%. Oct
29% July *
98
.«?
19% Jafl
72
13
.Jan
12
5
21
Dec
64
10% Jan
Oil
Richfield
:
13%
13 %
,39%
Oct
99%
99%
99 »/8
99 Va
,
.
'
:
106%..;
.
,18:*
,39%.
■■17%
/ 38%
*15%
.16 f■
39% Apr 25;
8% Sep 28
3* Royal Typewriter
8 f Ruber6id Co (The)
12
Ruppert (Jacob) „
*12% Mar
20
1-.
49%
100
.
'16% *16%
:
39%
18%
53%
0
;■
:53%
*53%
4
82% Feb
67Jan
58iJ? Jan
8;^ Feb
79;: Feb
91% Miy
.
15 Va Aug
Feb
Dec
15%
Jun
79
Oct
87
Apr
13%
Oct
3
Jan 12
~
14
108
Oct
11
$4
12%
.104% Oct
26% July
Feb
62 %
47% Jun
15% Feb
Jun
20% Jun
85% Feb
69% May
16% Jan
36% Feb
Seaboard Finance
19
55% Oct
13
Seaboard Oil Co of
10% Sep
14
42 % Oct
Oct
43% Nov
33% Jun 13
Dec
12% July
6% Dec
8% May
Roebuck & Co—
Seeger
Seiberling Rubber Co
>7
;
101% Feb
Servel Inc common
$4.50
5
-
v
•
16%
53 %
Range Since Jan. 1
Year 1948
18%
v
4%
4%
5
9%
8%
9 '/a
8%
$ per
$ per share
17%
Feb
"
9
Dec
Mar
12
28% Feb
4% Dec
:
21% Aug
4
37% Jan
Jun
22% Jan
4
35 ^
Oct
79
Dec
77
Feb
10
83
May
15% Jan
8
10% Oct
% Jun 13
14
Oct
11% Apr
8
14% Feb
46%
Jun
30
Jun
13
40 V8 Oct
7%
Jan
5
Jan
3
7% May
34
Dec
44
15
Feb
May ;
36
Jan
32% Jun
2% Jun
4% Jan
6
22i
May 31
28
Oct
18
18% Jun
14
,
25%
Oct
23
Dec
35 ya
Jun
19
Jun
14
Oct
17
27% Dec
Dec
80
Jun
,t
39 ya
Jun
22
90
Apr
Sep
Dec
26
3
100% Mar
10% Jun
7
14% Jun
14
7
104% Oct
104%
Jun
3% Nov
5
May
3% Jan
3
4% Oct
5% Mar
8%
Oct
7% Jan
13
Feb
52
1,
45% Aug
Jun
39
-
,
60
Oct
20''
,
1
3
65% Oct
Oct
7
44
Aug
26% Feb
26
36
42%
Jan
36% Jan
7
25 Ya Mar
30% July
29% Jail
5
10% Sep
30
20%
30%
3
7.
14% Apr 26
39% Jan
45
10 i
Aug 16:
33% Sep' 13
11% Oct'
6
34
3
'
Oil Co Inc—
com_4.50
—50
50
Southeastern Greyhound Lines——5
South Porto Rico Sugar com_No par
8ft pref el-red
i—_!
25
Southern California Edison^
25
Southern Co (The)
—.—,1—5
Southern Natural Gas Co
:
7.50
Southern Pacific Co
No par
Southern Railway common—No par
13
497/8 Jan ' 7
14
41
Jan"
58% Feb
70
July
45% Jun
1?
61
Jan
28
65%
Dec
73
Jan
56% Oct
5
66% Feb
9
12%
Dec
10% Jun 20
13% Jan
7
Spalding (A G) & Bros
3% May 23
6% Jan
7
3% July 19
5% Oct
13
Sparks-Withington Co —
No par
Spear & Co common
^
—,
1
$5.50 preferred
1
—No par
Spencer Kellogg & Sons
1
Sperry Corp (The)
1
Spiegel Inc common
2
Conv $4.50 preferred
No par
Squar" D Co
5
Squibb (E R) & Sons common
1
$4 preferred
No par
May
4
Feb
20% May
7% Jun
4
Dec
8% May
63
Aug
73
Jan
68
Jan
24
73
Dec
29% Jan
21
Feb
7
26
Oct
20%
Feb
30% Jun
22% Jun 13
7%
Dec
14
May
61% Mar
74
May
6% Jun
13
Jan
5
"
95
-
NOV
104
Jan
19% Dec
79%
Oct
91% Jun
17%
1
29%
Nov
Jun
13% Jun 28
23% Feb
5
*
7
May
22
29% Jan
7
11
29% Mar 30
10 y8 Mar 31
28
17% Oct 19
71 % Apr
33% Oct' 13
13
106% Sep
26
17% Apr 25
22% Oct
13
100
Apr
Jun
13
18% Jan
3
82
89% May 12
40% Oct
5 '
86
Feb
27% May
109% Oct
3
135% Oct'
6 '
97%
Feb
121
Oct
109
Jan
4
150% Oct
6
54%
Jan
73
Jun
55
Jun
13
70
14
44% Oct
19
13
74% Jan
7
'
98% Jan
36%
..
Feb"
53
Jun
36% Jun
69%
Feb
92% Jun
60% Jun
Fnr
footnote*
39%
39
34
83%
*81
Sep'13'
preferred
Mobile & Ohio stock tr ctfs
5ft
non-cum
Inc
100
100
1
com—No par
$3.50 preferred —
—No par
Standard G & E Co $4 pref—No par
$6 prior preferred!
No par
$7-prior preferred
— No par
Standard Oil of California—No par
Standard Brands Inc
Standard Oil of Indiana—
Standard Oil of New Jersey.:
•26%
29
>
111
<
20-? 4
28%
23%
23%
25
25
28%
22%
22
22
.
20%
23%
88
87
87
87
98%
*97%"
*123/4
13%
13%
*12%
*12%
13%
16%
16%
102%
4%
9
8%-
52%
11%
34%
35/
42
11
33%
llVs
33%
33%
33%
43%
44
32%
33
52
59
*51%
*58%
17%
104%
104%
4%
4%
4%
4%
83/4
/ 8%
52%
52%
*52%'
54 '
63
*61%
623/4
"
42
42
42
42,
42
33%
33%
33%
33%
33%
33%
33%
10%
11
10%
21%
21%
88
88
37%
37%
*132%
133%
147 %
68%
147%
68%
43 %
43 %
72
66,700
11'/a
10%
33;
33%
33%
33%
333/4
33%
33%
33Va
43%
43%
>•:
44
15,000
44'/4
44
43%
42'/a
44%
43%
7,000
32%
32%
32
32%
V
32
32%
32%
31%
32
32
51%
51%
51
1,600
51%
51
50 3.4
51i/4
51'A
51%
50%
58%
57%
*57
58%
20
58%
57%
12%
12% >■
♦12
12%
1,100
59
*58%
/
5
:•
*25 '/8
26 y8
8 '/a
*70
163/a
32
105
59
*58%
12%
12%
12%
12%
5%
5%
5i/4
5
4%
5 Va
5%
5 Va
5y8
4%
71%
*68%
*
26
32%
10.200
10%
33%
*25%
105
500
33%
103i
10%
*68
8%
:
42%
5%
16%
3,300
«
43
33'A
-71 %
71
*
1,600
11%
36
3334
'
-
200
11%
♦40
43
*40
600
•
62%
353i
>
i
10%
*68
71%
35%
35
4%
'
11%
35%
12
12%
32%
*11%
12
34%
5
*104%
62% V
52%
*61%
52%
62%
11%
.4%
26%
52 V»
52%
63
14,100
9
8%
52%
34
-11
700
9,600
4%
"
11%
33%
49,700
171/8
104-1/4
4
43/8
"
'
33%
'
12%
8%
8%
9
34
4%
70%
43%
34
123/4
*16%
9
1
50
800
13
*103%
104%
4%
330
98%
16%
17%
"
17
104%
2.900
5,200
87%
12%
11%
4%
26 V*
52%
*613/4
13 «/e
13
113/4
*12%
,*.5%
8%
9
8%
17%
1043/a
1 43/s
98%
*97%
29
•'
23
87%
*97%
*40
11%
*40
17"
16%
4%
98%
13%
13 '/a
104 Vi
16%
*613/4
63
*61%
86 Va
*97%
20%
23%
291
'
1,100
112
*19%
V"
29%
23%
87
103
114
113%
23
98%
4%
114
500
23,200
23%
23%
112'-
23
98%
52%
23%
29'
88
16%
29%
23%
*19%
♦97%
103
*28%
29%
*87 V
102%
1,900
20%
98%
6 V*
4,500
29
88
6%
2,700
3 Va
1121/a
*87
9,100
29
24
*
200
393%
26%
22%
22%
1,800
14
■
29
29
*19%
7,100'
26%
26 3/s
•
29
28%
3,000
27
27
23%
20%
*19%
29%
*
'9,406
■
3y8
29/
114
112
29 V*
39
Shares
:i
"■
10^8
14
3%
28
the Week
f.
38%
6%
23%
Sales for
"
28%
10%
14%
3%
28 Va
170
84
39%
*133/4
63/s
23
5,900
92%
*81
3%
28%
1,000
Q
K
Friday
10% '10%
141/4
39%
27-
20%
;
34
6%
27
4%
*
35
"
3%
110
8%
*90
23%
-
26%
*20
'
343/8
3%
3%
110
f
23%
6%
26%
3% V
♦14.:;
1,200
34%
••
100
20,500
14 »/8
23%
3%
26»/4
9
•
42%
28%
34%
39
2,800
•
$ per share
23%
10 % *
537/a
S per share
24%
10%
1,900
18%
42%
V
28% >29
*13%
700
55%
*3%
f
6,000
16%
Oct. 21
6%.
6'/a
6 Va
22%
25% Jun
23% May
38%
29%
100
1
3%
23% "23%
32 % Jun
Feb
14
6 %
*20
July
15%
10%
14
38 3/4
6%-
111
—20
62% July
21% Aug
39%
*28 Va
50% Jun
'
10 Va
14%
'
V 26%
83% Feb
64
10
♦13%
i:
90
52%
Oct. 20
29
*81'
1,700 '!
Thursday
34
83
68 *
13%
18%
-
23%
34%
34
share
$ per
•
104%
*54
>
'
91
20
160
;
>
16%
9%
.
28 Va
24
*80%
9%
14%
3%
5
28% Jan
Feb
28'/a
/■.; ,24 •",'
;
>
share
82
*80
10%
*6V2
43% Feb
;
33%
*9%
15
:
South Carolina E & G Co
5ft
preferred
:
SVaft conv preferred—
.
''
11
Dec
15
Mar
36% Mar
i
333/4
39V4
15
Solvay American Corp 4ft pfd-1100
South Amer Gold & Platinum
1
Socony Vacuum
7
53% Mar
16% Jan
11% Nov
±
3%ft preferred
'
8
4
52% Oct 15'
40
33%
*13%
preferred
i
:
_i.-100
Smith «fe Corona Typewriters_No par
9% Oct
Nov
24%
24
*80
,
254.20ft
17% Jan
97% July
96
24%
Smith (A O) Corp
;
10
Smith (A) & Sons Carpet Co com—20
24
17% Jan
Jun
28
233/4
»
Oct. 19
Oct. 18
5
'
9
1,800
107%
87%
13%
:
14%
143/8
91>
91
.
533/4; 54%
*8%
9.7
423/8 v 423/4
5
AND HIGH SALE PRICES
Wednesday
27%
27%
82
91
S per
share
33%
No par
No par
Sinclair Oil Corp
88%.Feb'3,
Jun
•
.U'V,
28%
28%
No par
:
' Sloss^-Sheffield Steel & Iron
7
31% Jan
95 % Jan
23
14%-Feb
.
July
98
15 Va
13
127% Jan f;7 ; Skelly Oil Co.,i
29% Sep 26
83% May 21
91'
Simonds Saw & Steel
7
2IV4 Jan
Mines"—
Simmons Co—
27% Jan » 7
24% Sep
Feb
97'
Silver King Coalition
12
36% Jan
18
Jun
160
S per
share
v
:>'■ 5
5
V9>-9%
'
14
16% Jun 20
92% Feb
Oct
7
* V*
,
Shamrock Oil & Gas
.7
"Sharon Steel'Corp
—No par
21
Sharp & Dohme' common—-No par
18
*
$3.50 conv pref series A—No par
21 ?
Shattuck (Frank G)
—'
Nopal
10 ;
Sheaffer (W A)' Pen Co
—1
13
HShell Union Oil' Corp———
15
7
Sheraton Corp of America
1
31% May * 5
Oct
Dec
"
Par
1
v
'
13
3% Dec
25
pershare
27%
Feb
68
share
$
24% Jun
46%
Feb
.
share
4
36% Jun
24% Nov
30
$ per
;•
t" 9% 1
' 42% Vi
14 3%
14 V*
>
'
V
*104
19 V
18%
"
•
Tuesday
,;v Oct. 17
Oct. 15
19
54%J 55
91
91
92
,
Monday
Saturday
EXCHANGE
'
*18%
8%
♦90
55/•••.:•
14%
14%
*4 %
.-
•
54 Va
14 %
14%
4%
■
13,600
*88
54
*8%
14%
92
-
3,100
,98!:
*8634
16%
42%
*4%
*106
90
16%
9%
42%
9% >
70
V-
64*.
:•
*96%
!i
1.3 %
13%
♦88
-fi
17
42%
*14%
*90
■"
29*
28%
64
104%
*103%
■
:
90
*8%
-
30
27,800
7%
7% '
64Va' * 65V
*53
42%
•
3,100
;
12Va. >12%
29% >
28%
:
873/4V"
v
103% 104%
42%
>■>
9
9,600
T
*81%t 83/
;
:* 97>> 97 "'-,. > >•96%: !98'>„
107%
*106 V' 108 >
; *1065
*86 3/4
87%
16%
18%
>54%
/
*
61
13% :• 14
54
543/4 '~-
53%
9
9%
'
'
28% 65% V
7.700
90':/
*84 /
>; 12% '.12% ■■
28 %
106 '*
♦100
T
:■% 150/;
41%
9%? 9%
37%
38'%
,V
83
*31%
14,000
28%
112?.
41%
7% '
v':,. 73/4''
V7%
*88
42%
'/NEW YORK STOCK
.
Highest"
Lowest
Highest
Lowest
STOCKS
4
v
4,600 *'
*111 »/*
90
:*84"'
1,800;
53
28%
u
16%
53% V
18%
v
16%
■
90
16%
: 3.200
r
10%-' ■'11-
29:>
28%
,
3.70Q/
16%
V'
.
10
,5
12%
■-13%
13%
LOW
+
"*•"
Bange for Previous
103 Va
*88
90
"4
18%
i.
82r
V 87
87% 7)87%
42%
1
No par
^
preferred
108
*102%
13%
97%
'
5.5 Vt.'
r
*9
>
87% ^
*88
18%
55
-
*106
104 .?
13%
55
55
r
4*8T
' 90
16%
,18%)
——„5
1
Sears
10
"7
11% Jan
6% Jun' 3
77
Jun 13
*88
16%
—No par
Refrigerator Co
11*
6% Jan
*102%
*13% * 14 !
;
5
14% Oct
'
14
4% Jun 14
9 % Jun
108",
87%.
104 V
'
*96%
■
108 Vv
*106 /
V
*87
*96%
>97%
62'/« "
61 Va
200
1.100,
'■rf
.
.,
x28%j-28%'/'
:
61%
97% "
100 -
16%
11% *
12%:
r.;i2% *i3
28%" 29 "
*60»/a
* 61'.
*102%
No par
Del—
12% V
-•
3,100
,
4
53
53'4.
82 f
-
'
■
12%
90"
7%
7%
84%
83
87
f
*84
90
.
7% 7
V/o ^'
*
7%
♦84%
12%
*106
——No par
pfd—
100
.-—100
Seagrave Corp
*
12%
*85
-
1,400
9%
*18 ;)/;
4111% 111% >:
?■
42% "' 423/4 -• V 41%'! 42%
V
9V4> 93/4.
9% >./9%:^
)
37%
37% >
373/4' • 373/4
: 101% 101% >*102 * 107 112
38% V
:.io2 >- 102
90
*85'"'
87'j
61.
Co—
19% Sep
7
Feb
Jan
*
,
,
V*
{
*96%
(The) comihon—5
preferred
;
100
Seaboard Air Line com v t c__No par
5ft i'preferred series A
100
4"
9%
104
13
'
81%
14% Jun
Oct
56?
10
t:
103/4
'•
3.35ft
7
18
53
v
>• 29
/ 112%
28
.
4s/a
25%
47.1/4 '
'
53-3/4
11% r-n3/.
9%""
9
37 V
37
*•.
37
28% '• 29 %
Scranton Elec Co
13
18% Jan
5% Jan 27
8%
Sep
91
5
83 t, Jan
19
1
L.;
preferred
4.30 ft
•: • v
Jan 20
14
3
Jan
preferred,!
Scovill Mfg Co 3.65ft
91% Mar "8
,
18% '
*
*'
300
15%'.
1'»'
•
47%.
100
16%,''.
16 •#:
;
*24.%.
100
*99 /
\ ;■
100
53 Vi
;
•112%'112% '
42 % >42%
♦100'! 102 V
90
7%
*84%
27%
-
"
Scheriley Industries Infci——„ 1.75
Scott Paper "Co eommoh-1—No par
$3.40 preferred
——No par
19
105
*85'*
preferred———100
v
43; *
*100",
Ry""Cd_—100
■
*112%
9% ; 9%
31 Va
37%
•
Papef'Co cotrimoft——_—5
lst'pfd 4.40ft series A——'—100
Savage Arms Corp,—.—J.—:—.—5
5 •*»'
Oct
43"
St Regis
May
X97
Feb
i
.>
65% Oct
44
9% Dec
94
Feb
5% 'non-cum
j
/7
30%
<
13%
Mar
19
Jan
87
13% Jun 28
<
Jan
9%
Southwestern
St Louis
112
112V
t c—No. par
V t cf—100
Co com v
Preferred series A 5ft
St L-San F Ry
Jan 25
91.
;
'•
__
12
5
26
•
—
—
87% Nov
Jan
>
f
16% >
--18% > 18 Va ;■•*•
'
28%
28
28%,/
112%::?
42% ? 42% f9% ; ;
V. 8%
28%
*28%
common———6
5ft preferred
—„100
St Joseph" Lead Co
/,————10
3
25 I
;? 122 ■>
^
Maf
61
16
Jan
r
22% Jun 14
46% Jan 6
95
Jan
90 - Jun 17
xl03% July 13
93% Apr-'
78 .' Jun 29
T
'
94% Jun 30
Nov
-
May
Jun
JUn
Jun
85% May
;
89% Mar
Feb
48%
V 12%
*7 42%
11
13
13
13
Jun 9
6% Jun .1
77
July 8
9% Jun 14
Jun
13% May
25% Mar
88
61%
Jan
16% Jan ¥'«» 29%
Apr 27
:113%
109%
35 %
16% July
, 7%
48% May
31
139% May >
87 >
101"
Jun
78: "
Jun >.
113 (
•
'8% Feb
8%
r
11% J»tf
16y4 Dee
10?%' Sep
89% Feb
13
47%
730
1.300
10,300
9%*
'VvV/. >
43afeway Stores
Oct
24%
47% ""
•>16 u
11V« " 411% *
11%-*11% Pi
24%
4s.
93/8
24%
47%
93/b
200
173'4
*15%;
4%*
4% 4
24%
*99
100'-
153/4"! 16%'*
18 % - 18%
'53% - 53%
11% U2%,
*
'
•99'*
15%'
h:
*
39 %
39 ya-
"*15%
*
a
5,800
94'/«
'
17%
v
100
1.200
105a/4
105%
39%
47%
•
48%
47%
50
>94%'.
94% v
1,900*
6%
39'/4T
1.
17% "
9% v
9%
^
50
*48
17%
.
4%-! 4%
4%'-'
6%
/ 39 *•
15%
' 9%,
r
x383/4
105%
-'1053/a
39%
15%
*24% >25%
18%
18% 4
18%
:
99 %
7 ;
*93%
•
17% ♦
"
16
-
9%.
9%
"15%-16-.
'53%
__
1
No par
,
9%
^25%
20%
99%
393/8
*48%
.
173/4
4%""''
9%
♦24y2 • 25Va
'•48% '48%
♦9r'£. 100 i
.
50
.
!39%
*15%
-16 -r:
39 '/8
94%
94%
1053/4 106 '
'
5% 4
5%
20 Va'
"
6%
17%
17%
38%
"
4%^-;'4%w
4%
'49%
*99 r
preferred series A_l,l—
100
Ronsoh Art Metkl Wks InC———11
10
18% Feb
94%
106'% )
106
99%
'
10.;
28,200
.
*
'
39 y8
*48%
50
48 Va
*93%
4,500 :
13%
95y\
<
203/i» *
7%
7y,
39
39%
38%
39%
17 %,
'
7
7
7
200',
102
"
13'/4
*93%
99%
99%
y
9%
.
5
1,100
14,900'
21%
*101
;
95
53/,
•
J"
13%
20%
106
105%
*24%
6,200
5%
5%
20'/a
39
,
'
25
/
9
'
21%
-
5%
94%" ;
4ft
3
55 V* Jan
95
20%
50
'v
6%
3V4
8% v
103%
5%
*93%
4%
1,800
19,300
"
%
*93%
; 13
1
100
8%
3%;
21%
■
j
*100
.
*93Va' "95
'
17% Oct
13..'
13%
20%
*48%
Antelope Copper Mines
—
Robertshaw-Pulton Controls com—1
21
21%
103%
13%
5-/8
94%.
Roan
4% ft conv preferred
14 > Rohm & Hatfs Co. common-"
50% Oct
100
20%
•101%
13%
20%
50
;
•
5%
♦93%
.39%
.
20 V*
7
7%.*
*15%
9
9
21
*93%
94%
•99
99%
*17%
6%
3%
3%
8%
5%
.
*48%
u.No psr
.—No par
67/a
3%
9
6%
3%
19%
5%
20%
105%
6%
6%
103
13%
13%
94%
94%'
5%
*20%
Q,o~j——^1
Corp
Ritter Companv
1 ■*
25 Ya Jan
iJun *3 a*
Jan «»•
18%
8% Deo
series,;
8%";
-
7,700
85",
*82%
85
30
10%
■
8%
8%
20%
"
2i;ij
May '
v
4,50 ft
Rheem Manufacturing
13
41% Sep
Jun 15;"
16
27% May
liar
Preferred
10%
v
■;
55%
*54%
10
1,000
8
8;V,
8
55
8%
3%
103
io2y8,
13%
39%
10
100'"',
22
♦20%
,
*82%
6%
8%
.1.
20%
20%
...
*102%
•7%
r
;
7%
*6%
7%'
22
9
9
3
,
7,500
54%
10%
10%
•
16%
"
21%
*99%
,
1,200
16%
,,*81% ;84
9
6%
/
9
102%
*93
84 /
8%
%
3
»
'■
8%
•
21'
lo
100
jlOt
series'—».
8%
10%
*81%
6%
102%
—10
;
-
3.60ft
9
6%
»
_1*
Preferred
Aug 18
'
10% Jun
^
,
17
Common
.Mar 25
21
36
'
107
96% Apr
,
19
Sep
8%
*3
'
3%
<
,710%
82%
82 V»
*-54%;-56
56
*54 Va
200
18%
V
8
8%
'
18%
*6%!'
*20%
22
,
8%
8%
8%
,
*20%
16
7%.
*6%t
7%
22 'k
*20%1
10
9%
1
-
*6%
-
56
'
;
15%
■
8%1
:
•54%
56
3
loo
2.50
:
A—:
Reynolds Spring Co
Reynolds (R J) Tob class B
*
'
-
16
21
8%
10%
82% *
9%\ 9%'
<6% I
6%
Reynolds Metals Co com
_No par
:
5%ft convertible preferred
100
13
50
4
7% Jun 13;
.Jun 28 '
July
26
'
23
.12
Jan
f
.
preferred'
5%ft
-
103% Feb
3
7% Oct: 8
21'
Sep
Z
i,
18
23
*
-
Rexall Drug Inc
5% Apr
5% Jan
15% Jan
4%
12
,16% Jan
•09% Jan^- 5
2
Jun 28
Sep 22
Jun 14
Jan
3
Mar 7
Jan
3
Jan
4
Jun 13"
Jan
3
'
15%
153/4
21
10%
Republic Steel Corp com
No par
6% conv prior pfd series A
100
Revere Copper 8c Brass com—No par
Jan 31
110
24%
6% Feb
19% Feb
%
18%
7%
*81%
-*
i
18%
15%
8%
*54%
'■ Republic Aviation Corp——__—14
60c
\ Republic Picture* common
81 convertible preferred—
10
7
27% Jan
4% Aug
Dec
43
;
8% Jan
13
13
10% Jun 15
91
Aug
1
Apr
ii%
Dec
33% Dec
Jun
91% Jun
104% Jan
Mar
12%'Jan
■
May
29%
19% Nov
92"
5% Jan
Oct *
102
3
8
7
3% Apr
8
9% Oct 10
83% Feb
*
18%
*18%
18 Va
18%
11%
18%
*11%
*6%
*8%
*
11%
15%
22 %
*20%
par
5
;
10% Oct
3
4
17
10
•11%
11%
16
11%
'
16
Shares
share
11%
11%
18%
S per
share
t per
share
the Week
Oct) 21
Oct. 20
for
Sales
Friday
Thursday
11%
*11 %
.7% '
'!
16
*6%'
:
Conv pfd 3%% series—
100
;■ Remlngton*Rand common_____—50c
84.50 preferred
25
Reo Motors Inc—
1
Oct 20
5
55
8
2 % Jan
21% May
82% Feb
4%
6% May
4% Jun
Oct;
111% July
Jan
Dec
15
Jun
73
"
33%
22% Feb
103f
8% Apr
: 6% May'
11% May
2% Dec
5%
; Aug *
13% May
Feb
6%
4
14
3
26
17
31
6% Jun
Aug
•
Dec
8%
52
I
18%;Jan
i
(Robt) 8c Co—
*
81,25 div prior preference
8% Jan 27 /
Reliable Stores "Corp
—No
22% Sep 13
;—t
9% Jan 24 1 Reliance Mfg Co common:
Re is
1
8
Inci
Bros
Reeves
—No par
*_50e
Bit Co
Reed Roller
,,
13
*18 '/a
S per
( per share
tper share
4
11%
18%
*11%
5
Mills com
4
share
t per
Par
Real Silk Hosiery
13% Apr
3
18
Jun 14
11% Jan 14
10% Jan
15% May
11%
Oct. 15
EXCHANGE
V
.
Oct. 1H
Oct. 17
-
Wednesday
Oct; 19
Tuesday '
Monday
"Saturday
*
share]
$ per
share
$ per
$ per share
fper share
Jan. 1
Highest"
Range Since
1948
Year
Lowest
STOCKS"
'
NEW YORK STOCK
71%
*68
26
*25%
26%
8%
71
/
16%
321/4
105
20%
21%
88%
88%
4
71%
15,700
5
5'/a
*68%
4%
43/4
71%
*4%
5%
*62%
71%
25%
25%
700
26
25'%
25% '
,
500
26
26
27y8
27 3/s
27%
27 Va
27 S/8
13,500
27%
273%
26%
8%
8%
8%
8%
7,800
8%
8%
8%
8 3/4
71
70%
71%
71
70%
70%
*701/4
"70%
17%
16%
16%
163/4
4,900
16%
16 3/4
*16%
16'/a
31%
32
31%
32,.
32%
32 34
3,200
32
,
105
20%
32%
105
21
*87Vb .'88%.
37%
38%
"105
10 5 5/s
21
21%
88
88
373/4 " 38%
36%
37%
132%
132 Va
133
133
146
146%
*145%
146
146 3/4
133
133
147
V
21%
21% ,'
88ysr
88 Va
38
213%
37 %
'
*88
"
37%
132
1453/4
145%
67%
68%
68%
43%
43%
43%
44%
43%
43%
71%
71%
72
71%
71%
71%
'■
38%
,
145
„
980
17,300
500
1,300
6T
43%
72%
881/8
,.
67%
10,200
43%
68
67'%
68
67%
67%
145
130
6,500
21%
133
*131'
132
390
105
105
105%
♦105
42>/a
70 3/4
4,300
441/a
24,800
713/4
72%
28,000
Volume 170
Number 4849
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1613)
NEW
YORK
STOCK
RECORD
Range for Previous
Year 11148
Lowest
Highest
$ per share
23%
Nov
89
Oct
11%
35
Jun
15%
Feb
Nov
20
Oct
11 % Mar
13
12
Jun
Jun
15
32% Mar
15% May
39% Jun
Feb
97
23%
Dec
12%
Feb
36% May
16% May
9%
Dec
18
Jan
9VaJan
20
Jan
15% Jan
4
Dec
11%
Jan
10
July 12
35
Oct
Jan
6
18% July
12% Feb
16% Feb
28% Jun
6%
Nov
91%
11%
Dec
70%
Jan
*
Feb
17%
Dec
18%
21%
Dec
9
140
31
57% Oct
12 % Sep
168
Jan
Jun
*
Jan
*
>8%
Dec
22
91 L
* .«•
15%
Nov
-47
3% Juri
9% Jun
2% Jun
6
48% Jun
13
Nov
25
•11% Jun
56-
Feb
4'5%
Dec
10%
Dec
*14%
24
5'A
Dec
25%
12%
Apr
5%
48% May
65% May
Dec
Jan
'46%
Jan
j
10% May
47%
5 •A. 24
Oct
39%
:
10%
Feb
85
Feb
:
1% Mar
19%
17
•
Feb
■
Jan
40
A.
Tennessee
Jan
3
7
$1.25
4%
13
5
14
Oct
6
6% Jan
19
2
7
7% Oct
20
21
34% Jun
15
■i
-
Jan
37 ''■ Oct
A
Thomas
.25% Jan
8
.
19
Cfct 20
35 V
!" Jan
t
$3.50
:
10
43% Mar 30
*1191/8
24%'
25
41%
8%
120
Year 1948
Lowest;
10
Deo
A 9%
Nov
5%
13%
NoV
15 %
Feb
96
A-
Lowest
Range Since Jan. 1- A
Highest
Sper share
Jan
10
Jan
11% Juri
13
6% Feb
11
107% July
•19% Aug
25%. Mar
v
36%
Jun
A
Deo
:
Jan
11%
11%
16%
16%
*16%
17
*16%
19%
17
20%
16%
19%
20
16%
f,10
54%
19%
54%
19%
54%
19%
54%
20%
3,200
54
10%
10%
163
54%
54 %
54 %
1,900
11%
10,900
10%
11
*163
•
32 A
9%
-
19%
79%
11
16% 4
16%
61%'
62 -'
J-
17%
.1
>
62 %
68%
17»/4
'68%
24%
-
..10
;
24%
*44
*43%
•
16%
9%
-No par/'
No
j
43%
44
15%
3%
44
9%
'
1
91
4
*105%
A
No par
105%
14%
*37%
91
3%.
4
*.
'•
/
V.
'
*105%, 105% ;
14%
14% j
33%
37%-
37% A
15 f;
'
31
•
A
3%
4
3%
36%
t
36
'
*
32% Jan
lS % Jan
Jun
Tri-Continental
7
13
30% Oct
;
Corp
No
r
20th
Century Fox
$1.50
cony
Film
S per share
10
Twin
Coach
"
13%
8%
8
103
21%
22
-11
21%"
21%
3
8"
29%
29
,
5%
5
•
1
*5% ■»
A
•
8
*14%
105
10%
'8?
,
21%
T.
'
8
'29
5
•
4%
i
Thursday
Friday
r
Oct. 20
Sales
Oct. U
for
the Week
$ per share
Shares
12%
13
12%
13
15
15%
15%
15%
13%
13%
*13%
14%
200
8%
8%
8%
8%
31,200
A
'
105%
106
*106
10%
21%
*35%
36%
*35%
99%
21%
g '
99%
99%
7.
8
29%
5
•
'200
8%
1,500
30
5'A
9,000
.200
99% *
'A
30
5
2,000
22% *
36%
8%
30
180
10%
21%
8
8,000
*
10%
22
'
14,800
'
106%
10 Va
/
36%
-v ,
600
5%
2,700
U
9%
39
Dec
12
Dec
•
37%
103
Feb
10% Mar 17
46
Jun
107'
Jan
98
Nov
Jun
•94
Jan
90
-Jan
:
21%
Feb
79%
;
38% July
Nov
96% July
51% July
45%
14
17
10% Feb
8
19% Jun 17
33% Jun 13
*
Nov
110
Feb
80
Jun
£lV*
Oct
8% Jun
39% Jun
39% May
Nov
91
-
Jun
16 %
9% Mar
27%
Jan
■
59%
Sep
;
31% Jan
41%
>25%
7
-
'31% Jan
42
Apr
Union
7
Aug 30
Jan
Carbide &
Preferred
Union
Union
Oil
$3.50
22%
Dec
30% May
110% Jun
9%
Nov
19%
57% Nov
19
Jan
23%
Dec
27%
non-cum
Tank
(
15%
Feb
2%
41
.
Nov
Dec
55
•28% Oct 13
106 '
Feb
7
9 '■
60
2% Jan
3% Jun
May
82% Apr
Dec
45
Feb
Jun
22
28%
Jun
14% Aug
2
46%
Jun
34% Jun
22
58% May
x44% Jun
7
16
18%
Dec
23
Dec
21% May
May
Feb
89
Feb
15%
Feb
92%
32% May
101
Feb
.
19 % Jun
8
54%
Dec
Dec
Jun
76
Dec
4 %
Jun
94
•
Jun
42%
;
Jan
8%
20
Mar
7
12% Jun -28
X89% Jun
175
13
Jan
10
6% Jun
17% May
Dec
19%
24% May
179
Jun
6
18% Feb 11
Jun
113%
166% Nov
6
24
9% Mar 23
:19
16%
July
18% Feb
,
•
6
43
May 25
17% Apr 28
Jan
Dec
3% Jun
13
36
Jan
11%
15% Jun
Sep
13
21%
Jan
7%
11% Jan
Dec
3
17%
39%
Feb
9% May
53% July
49
Jan
53
July
7% Jan
38
19
19
7% Oct
6
65; Jan A 7
22% Jan *3
42
.
Oct
8
28% Oct
100 K May 17
>17% Jan
8
104% Jan 20
187
Oct
7%
United
10% Sep
28
57
Jan
5
5% Jan
21
Jan
14
8% Apr
18
7%
Coal
U
Fruit
Co
S
13
49% Jan 28
U S
65
U 8
7%
&
Mfrs
45V8
C1
7 Va
7
55%
■'16%
54
•
Lines
conv
Co
16Va
6%
7
*54%
56
'■'A' ■' 15% '
3
Va'
:'7Va
31%
2,400
24 Va
24%
24%
24%
108%
14%
14 Va
83
84
85
4%
■'
;
54
7%
54%
25%
/
"
3%
■
•»
4%
«
.
16%
40%
51%
2.400
100
14,800
170
4%"'
66,600
2,100
*6%
40%
—
10,500
3%
7%
*54
£ 16%.
—
.
45%-'
4%
7%
6,500
.
35%
3%
54%
600
35%
45%
4%
*6% i.
54%
8%
*34%
3%
48
200
21,400
25%
35
35 Va
12,200
'i
107
8%
35%
*45% "
.
25%
*105%
9%
*34%
3%
•■*108%, 108 Va
107
V 35
,
6,000
14%
9%
46'A
'
4%
.
31%
25%
35%
■
•A
2,000
31%
*105%
35%
46Va
"
11,600
49%
9%
35
'
"46%
4%
45/8
■
25%
35%
-
28%
80%
49 Va
*80
106%:
»/8
28%
80%
....
51 VB
54%
120
*16%
16%
40%
40 V»
1,600
1,300
15% A
41%
l6 Va
40%
40%
*40%
41%
50%
40%
41
50%
50%
50 Va
51 Va
51
51%
17%
17%
51%
17%
17%
17%
12,800
17%
24%
17 %
113 B
24%
24%
24%
24%
31,600-
11%
24%
24%
12'A
25%
12
12%
12
6,900
24 V2
12 Va
12 Va
24 V2 r
12%
*23%'
25
«
*23%
14,000
25
*23%
25
'
*23 Va
17%
17Va
-
17%
24%
24>%.
12%
A
1/"
1«
25% 1 25 %
*24%
..No pari
26
27%
27%
*99%
„No part
..No par c
100%
15%
15%
.:
20
98%
98%
187"
*185
5
*9'A
.100
9%
--
*4%
*19 %
15%
:
f'
"
25 Va
12 %
.25Va '
*24%,, 26
26V4
100
15%
98
•
41
!.*
"
-
26%100
26%
98%
J185
9%
9%
25V4
4%
4%
19%
15%
45%
45%
64%
♦8Va
V4
.46
64
i
27%
*99 V2
••
28
4
27%
100%
*99%
15
187
15
98%
97 3a
25
*23%
25
*23 %
99 V8
*185
28
27%
28%
100%
187
15
500
99
99%
98%
99
4,700
185 %
187
185
*
185
9%
9%
9%
49%
48
48%
*47%
25
23%
24
,25
-.*63%
25
4%
-
4%
*19
15%
9%
'
23 Va
9%
49
23%
50
900
90
1,900
4%
4%
4%
*4%
4%
400
19%
19%
19 Va
19%
19%
15%
15%
1,300
15 7
15%'
15%
3,900
8
*8 Va
8%
46
•
30
15
9%
19'A
19%
15%
15%
*8 Va"
8%
16,300
15%
*48 %
46
.
500
25%
*99%
100%
9%
25
25
-
*15
49%
4%»
8%"
63%
*45
1
9%
15%
8%
50%
.
*48%
-
19%
16
-16%
■*
4%
19%
.:
27% *
*185
43%
•
>
4
96%
187
48%
*24
*99 Mr 100%
15%
15%
15%;
24 %
*8%
*64
12% "
25%
'
.
"
49%
49
*25%
class A—
Pipe & Foundry Co—
Playing Card Co..
3
i
7 Ve
'
24%
common-
preferred
36%
3%
9
28%
81%
49%
13%
82
♦105V2
'
35% A
1,800
80%
14
25%
8%
*45'/a
t
:
70
90
108%
108%
A *79
•<
1061/2
<
*34
54 ;'
•
16
17%
com
80
96
89
49%
••
24%
13%
50
*94
.
311/2
:
24
108 Va
25%
34%
3 »/a
12%
100
preferred
f
8%
'
4%
•24%
I
24
13%
6,500
25,500
1
50'A
>1
w
31%
*1051/2
■
45 Va
4%».
10
Inc
31%"'
1091/2
26%.'
41
111%
*40%
No par
Machinery
4%%
r" 3Va-
46
4%
*53%
•
'25-
'
•
36%':'
Co—13%
Merch
Partic &
S
3%
-•
*16
'
351/4
*34
36%
28%
;
49%
*79
-
96
89%
28%
81%
49Va
•
''
40%
*110%
*94
A 31 %
80%
26%
41
110
*88%
89
28%
•
13%
81/2
•
-
40%
110
81% A
23%
106 V2
838 J
34%
* 89
.
26%
'
Va'
49%
'
4%
-■
5»'
80.
*105%
36
1,500
26%
>
80%
*108
26%
900
2,400
12%
49
109
4
9%
41%
12 Ve
31%
-
•.
80
1
Industrial Chemicals
U S Leather Co common
U
3%
*45%
:;
Engineering & Foundry—_5
preferred
Hoffman
4%%
.1
28% A
'
*
.
'■
89%
13% A
8%
.
*34
par
1005
Cos——
8%
>•*35%
U S
12
19
Electric
'A.
*89
•
•
13%
25%
40
*9'/a
41'A
12
26%
40%
■
9%
41%
12
•
*110>A 111%
*94
96
'
94 *
"28%
23%v
♦108
A 82
79
26%
27%
*105% 106%
com..30c'
preferred———
Foreign Securities.
$4.5o 1st preferred
U S Freight Co
U S Gypsum Co common.
52% Jan
Oct
*
'
No pan
Cig-Whelan stores
U S &
21
16% Aug 12
A
Certificates of Interest
27
26% Oct
Col
United Paramount Theatres wi
4
14
preferred
Carbon
22%
110
13%
49
32
12 ' *
•
81'A
>
-
•
111
8%
A 41%
42 A
12
26
40%
J
"
80%
49
32
23%
-
*103. '
.
'
United Gas Corp
VUnited Gas Improvement
UDited
14
21
23%
10o
common—10:
40%
94
'
32%
9%
41%
-
26%
*110
•
95%
89% f
28%- 29-
81%
'•
32%
•:
'
40%
111
'A 9%
9%A
41%
113„ A. 12 4
"•',26
*89
"50
*49%
:
5
common
preferred
Inc
$3.50 convertible
preferred.—10o
United Corp (The)— U
1
United Dyewood
Corp commori
1.
United
21
Corp
Lines
United-Carr. Fastener Corp_,No
Unite
United
13% Sep 15
25% Oct 15
-24% Oct
United
7
18% Aug
25% Oct
•
A—100
United Biscuit of Amef—i—No
par t
$4.50 preferred
No par
United Board & Carton
Corp
104
13
54% Mar
Air
4% %
Jun
Por footnotes see
page 26.'
35% Oct
A
4% Oct 21
24
Jan
11%
18
3
,'
16%
Feb
20
3% Apr
6
47% Sep 23
37%
48
9% Oct
-
13
40% Jun
3% May
Feb
21
38% Jan
13
29% Jan A. 3
2% Jun 13
Oct
Sep
4% Jun 28
'29% Jun
J an
2%
4%
United
21
16
Jaii
Dec
36
July
5% July
5%
21
27
Jun
convertible
11
14% Oct
19% Feb
103
mm
Aircraft
85 A
3
A 81%
preferred—,—-50*'
/
40%
*93%
89%
29%
;
;
26 Va
*110
95%
28%
.
9%
41%
A.
'
11% >
>
25%
110
*89
>
50'
com
:
110
"
"
42%'
11%
26%
*92
—25
A
-•A
9%
42
i2
40% A: 40%
A
Car CO——.—No par
United
109% Oct
13
61% Jan
'
9% A
43
26%
No par-
California.,
Pacifip RR Co
4%;
.'26% Mar 30
10% Jun
;
Oct
38%
Feb
29
Apr
90% Mar
—
~6%
20% July 15
104% Jun 14
series...—No par
of
'
103% Nov
Series
9%
■
A12
'«
NO par
$4.50 ser—No par
$3.70
Preferred
Union
*9%
*42%
...
Carbon
Un El Co of Mo
pfd
13
'51% Feb 15
36% Jan A 5
16
Mar 28
.1
_No par;
Rubber Co.a—5
Asbestos &
Uniop Bag & Paper Corp.—Np par
Aug
5
32% Sep 14
89% Jan 21
13
48 -j
112
Union
7
;
Jan
94'.
A 94:
14
31-
•:
Jun
73% Jun
Jun
■*, Jan 12
•12% Apr
6
6
13
86% Jan
Udylite Corp (The).
Underwood Corp
46%
46 %
*45%
64%
46 Va
65
65
*65
66%
"
i
!
; 29%
30 r
5
-A,A 5 Va
4%
300
5,200
■
100 Ve
g ;.
29%
105
6,800
$ per share
10%
21%
8
29%
{.
1
14%
107
*35%
*99 V4
'
lOOVa
1
400
10,600
35%
8%
.
106%
36
*99%
1,900
23%
23% i
14%
1
14%
-
8%
10%
21%
"36
100 Va
4
36%
35 Ve
t
13%
107»/z
10%
,
35'%'
*99%
*29 A:
*107%
91
4
14%
15%
8%
'
35%
,
*99% '100%
12%,
"
8,
i
PRICES
14%
.
15%
14 *
2,200
35%
t per share
1
107%
10%
13 %
14%'
*13%
8%
A
-
107
11
•35%. 36
-50/
i
13
15%
13%
11
No par.
preferred—
13%
14%
14
*107%
No paf 1
com—No paiA
Co
13
■
15
;
35
;
Oct. 10
.:
.
.
100
A 14%
Wednesday
*
$ per share
13 A
8%
—5
preferred
5 %"■ conv:
prior
67/a Jan f 7
13% A13%
No par
$4.50 priOT preferred.
Twin City Rap Transit
$ per share
15
k
No par
com
Oct. 18
SALE
Tuesday
Oct. 17
''
par'''
HIGH
Monday A
Oct. 15
common.....1
$6
preferred
Truax-Traer Coal Co„
102% Aug 12
8% Oct 21
20
4% Jun
13
LOW AND
Saturday
.
Transue & Williams Steel
24% May 16
36% Aug 8
6
24
19
J08% Oct-. 11-
3
c
4
8% Oct
26
4% Jan
A
14%: Jan
16% Feb
A A'AA
!
300
.
45%
*35
105
1,900
.
7%
'
*90
36%
235/8»fA23%
105
14%
( 35%
45%
4
*35
24%
105%
14%
45%
20
4
17
7%
91
1,300
39
>
*16%
8%
45%
120
5%
3%
17
..,*90
3%
a
i
'
*38
37/e
,
*7%
•
700
14%
-
5%
38
A* 16%
4Va
36 7 a
14% v.
38
v
1,500
31
13%
5%
[
;
300
7%
*30%
*
5 Va
2,500
2,700
14%
7%
14%
45%
(105
36%
8,900
3,400
10,900
9%
14% '■
7%
30 y4
*
V
91
24
,
15
30%
f
8%
,
9%
*13%
,v
i
17 i
45%
9%
7
39 '
..-•,
*90
105 y8
36%
24%
.*14%
'
*7%
\
r''j
36% **
i.
24%
7%
,
*16%
r37/e A
14%
17%
68
24%
43
■I
<24% s
105
16,900
17
67%
9%
*
36%
63%
62»/2
17%
67%
44
3%
•*'
91
23%
■
v.
700
1,300
,43%
3%
3%
36 %■'
23%.*
4%
*42
:*38
8% *
11,300
16%
'
43%
*30%'
17
A-
(i3'/4
•.
|
-
7,400 ' ; f
11%
4%
16%
16%
5%
♦90
i-
23%
'14%
'
>
n
11%'
5
67%
14%
?
300
11%
16%
44%.
5%
-
:1
43
.*13%
3%
J
16,300
44
7%
39 ■.•./'
16%
220
5%
9%
:;i4%:-r
*7%
79%
5%
44%
A-
45% ».-46 "*",'
36%
•
-:i
24
A
47 f
*90
-36%
.
••
8 % -.A
s-
45 %.
.
4% A
36%
23%
3%
16%"'.:
*7%
^
48
.
—5.
3%
16%
-
7 9 Vb
5'/a
A '62%
'
7
*38 i
,
19%
79%
24%
5% V. 5% :?
*13%
i
39
9%
44%,
15
31
•
...;
5%,,....
:
:■
*30%
31%
9%
19%
9%
.
I
31%
5
16%
:
A
9%
*43%
■; 15 > v
'v.", 7
'.-14.%
5%
A; 44%
400
19%
*4%•
25
9%
15'■
31
*13%
;■
8 Vn
,
7%
*38
17% A
♦90 :
No par
Bearing
*
*7%
A
7
5% :■
39%"
*47 U
com.. -10-
44%
44
'
4,800
t
3,400
*11
'*.
17%
68
24%
24%
31%
'
'
63%
17%
6T%:-
A
11%
"19 Vb
•
if
4,200
11
9%
16%
62%
•'
400
9%
: 35
11 VB
19
11%
4%
4%>
%
44
15% A:
;
*30%,
*16%'
.100 '
■A-'-
14%".
*
'
*3%
No par>>
No par
A
:
7%
*5y4
_.1
com
A
V.
9% A'
'
11%
'
31%
5%
16%
17% A? 67
24%
45
9%
31
*13%
*38
-No par
4
66%
A-
*•
*30%
—15'"
com.
16%.
'■
24%
*43
"15%
A'*7%
par/
(The)
"
681""-
-
23%
=
<
5%-*
i 62 % '
61%
17%
66 %
'
45%
9%
*15' *
"
44%
100
50c
UVA
-
16% 4 16%
161
9%
35
9%
5%'
11
161
10%
1G.000
35%
''
19%
80
*19Vb
1
5 %/
5%'
9%'
19»/4.
11%
11% '
10%
31%
j
11
163
9%
*35
10%
•'
y
10%
*
35%
31%-
:
80 A
*11 A
•
1
11%
*160
10%A
t
19% *
5
11'
•
5
\ 5
*16% '16%
-
*79
4%
4%
1*1 %
18%
11%
10-
*35
10% *
11%
164
•10
35%'A
>.
%;
19
•
10%
31% -.32"
9%
gs/8
9%
79"
11%
*161
10%. A
10%
A
No par
.
307/a i
4%
*11
9%
*35;'
-
10%
19%"
•62%
L_ .10
35
30
4%
163
9%
•
10%
9%"
18%
163
9%
35
30%
*79
10%
163
11%'
•
54
10%
9%'
9%
.
A.
36
30%
,
53%
166
9%
,*35
11
No par
No par
Transamerica Corp
Transcont'l &, Western Air Inc..
...5
-
40
16%
Pat
13
3,300
20'%
;.A S7 EXCHANGE A/, Vv'a
'16% Aug 10
4
•
98% Sep
8% May
32% Jan
Jun
-
98% Feb 10
9% Aug 30
19% Jan
3
»
' Jan
100%
*
Dec
10
Apr
,14% Oct
"66%
119%
19%
•
STOCK
■
$ per share
f:
:
19
22 % Mar
17% July
31%" Dec
92
Jari*
.5%
A;A<
A,
10% May
Nov
4%
A
23%
*
12% Mar
24
7
Highest
$ per share
10
66 %
119%
120
Range for Previous
S per share
2,900
96
16%
-.1
■ri-"-""AA 'A*1 stocks
j AA NEW YORK
" 800
.
8%
*95
66%
38,800
40%
8%
95
; 66
•*119 Va
'
40%
8%
95
"
11%
24%
7,500
17
4.16%
preferred_i
Roller
120
ir%
500
18%
'
96% •
66%'
65%
'119%
119%
11
65
1,700
17%
18
1
64%
2,500
12%
18% *"
41%
8%
*95
12%
*17%
24'A
41%
'8%
.
9,200
12%
12'/a
12%
18
18
24%
41
,
8%
96%
31%
20%
'
preference.
Timken
65
119%
40
8%
♦95
24'A
•
11,000
99%
31%
55V4
—.9
Timken-Detioit Axle—
40
8%
64%
11%
*16%
__5 *
Tide Water Associated
Oil
:$3.75
39%
96%
'
■
Products
preferred
24%
8%
120
11%
1
—
Co
18%
12%
*97Va
20 %
common
Steel
181/4
39%
*
...5"
Thompson-Starrett Co
21
Xl05% Sep
;4 %
8
19% Juri: 14
t
18%
23%
♦95
65
*119%
10
Thompson (J R)
Oct * 8
102% May
3
13% Juri ?13
.
■
24
8%
96%
65
preferred——A— .5 OA
Avenue Transit
Corp.No par
Thompson
Sep 29
Jun
32%
104%
'
Co
$2.50 conv
9
'Ac 4%
k
18%
*17%
12%
800
35»A
35 W
99%
12%
17%
12%
400
55 %
i.
Fair-
JThird
13
91
v'
12%
17%
23%
41%
8%
25
preferred
Thermoid
Jan * 6
Oct
*40%
Thatcher Glass Mfg Co common.
.—5iv
$2.40 conv preference
No par
8
9 '' Mar
47 s
84% Apr 14
A
2% May 23
23% May 19
Nov
A;
■.
The
41% Oct * 5
7% Jan
v
12%
17%
24%
.25
conv
12%
17'%
18%
24%
(James).
Corp
12%
12%
17%
*95
351/2
17%
18%
12%
18%
.
35
12%
12%
17%
50-
Texas Pacific Land Trust—
Sub share ctfs
Texas & Pacific
Ry Co
Textron Inc common.
Apr ^25
32% Aug
17
Mar
12%
10c
Producing Co.,
Gulf -Sulphur—.
Pacific Coal & Oil
Texas
11
July
23% May
55
May
:
Dec
A!
Jan
31%
.
Mar
Texas
Oct
/ 7% Oct
1% Jun 20
14% Jun :
59% May
95% Jun
•\A
19% Mar
95%
35
A
Jun
:
T7%
4% Jun
Jan
12%
35%
200
31%
11%
'
25
Gulf
IIV4 Jan
19
12%
,
35%
17,100
46 Va
.
11%
32
25
T^lcott Inc
Texas
46
4% Mar 21
>25% Apr
31'A
18%
Telautograph' Corp_l
.15% Jan 22
.112% Juri 23
T; 13%; Apr
Apr
13
*97%
32%
*17%
Co
48
16
Jun
.!■
15% May
Dec
19
Jun
8
99%
X32
25
preferred
68% Oct' 15
7
36
13
*45
-
8,700
18%
12.50
Symington Gould Corp
.
Dec
%
$4
Texas
'25
13% July 12
14%
Dec
34%
6
f
33% Feb
May
■
11% Oct
14
!*97 %
33%
1
Co
5 V* Sep 22
17% Aug 11
63% Oct 19
•17% Jan
7
14
20% May
Dec
Jun
16% Jun
Oct
29
2
Mar
v
14
35%
99%
32%
common
International Ltd—
Sylvanla Eleb Prod Inc com
5% Oct 21
14
♦97%
33%
100'
Sweet6 Co of America
(The)
7
89 -i
14
98%
27%
*30
11%
Shares
100 Va
18
45%
12%
Swift
24% Jan
27
*99%
31%
11'A
32%
A
21
Feb
45%
*30
*97%
B
12
11%
12%
pfd
series
&
30%
99%
No par
series
Swift
30
*11
,33%
—1:
preferred
25
45%'
12%
—
21
18%
45%
30%
35%
,_20
preferred
32% Jan
14 A
13% Jun
A 25%
May
.71% July
Feb
19
5
Oct
'
11% May
5% Jun
V
Nov
11%
14
19% May
67 A Jun
Dec
<37% Oct
17% Aug '5
76% Sep :i 9
7% May
14% Mar
>52
8% Jun
Aug
•;V
9% Mar
3%
Jan
Jun
Dec
14% Jan "12
17
7% Feb 25
■27% Jun 14
Jan
26
•4% Mar
8% Aug 30
30% Jun
11
45%
11%
35%
12%
Sunshine Biscuits Inc
Sunshine Mining Co
Superior Oil of California
Superior Steel Corp.—
Sutherland Paper Co
16
271/4
for
the Week
$ per share
100 %
18
11%
11%
35%
No par
4%%
11
27
*99
18%
33%
common. —1
4%%
21% Sep 13
2 7'A
100%
18%
*97%
.100
.1
Sunray Oil Corp
27
*100
Sales
Oct. 21
18
*44%
*30
30%
*11
Friday
Oct. 20
$ per share
-15 A
Inc
common.
•Class A 4%%
13
14
36%
-79
17% Jan
8
13
Jun
Dec
Feb
July
Co
35%
27%
100%
16%'
45%
30%
41%
Thursday
19
.—5 -1
...
Co
prior preference
& Weosier
OH
Sep 28
11% Sep 13
7% Mar 25
127
Jun 15
%
28%
17%
12
19
121 %
17
&
.31
11%
35%
,
Sunbeam Corp
No par
Sun Chemical
Corp common
1
$4.50 series A preferred
No par'1
Sun
6
Sep
66% Oct
36 % Feb
16%
,
96
P)
Studebaker Corp
19
16% Jun
.Jun
19
DeC
8% Nov
13
Jun 14
15
44%
•
Stone
Jun
235
*13% Dec
'5%
4
8% Oct
7
(J
♦30%
Inc
26%
v
.'♦100
17%
*44%
Oct.
$ per share
'
:
100%
16%
,PRICES
Wednesday
$ per share
26%
'100
17%
45%
common—
Stewart-Warner. Corp
Stokiey-Van Cumr> Inc
19
Oct
-
41 % Oct
10
Jan
9'
11% Mar
Mar
19
July
43
Dec
117
Jun
26%
?4% Mar
17% Oct
Stores
17%
♦44%
No par?
preferred-4
Stevens
7
:25% Oct
Bros
3 % %
2
Jan"..8
52% Feb
July
15% May
-
9 %
'90
Nov
120
Sterchi
Sterling Drug Inc
27
!
26%
SALE
Oct. 18
S per share
26% ' .26%
*100
100%
HIGH
Tuesday
*
Oct. 17
—50'
common. -.1
preferred
Starrett Co (The) L S
18
13
6% Feb
98% May
50% Mar
113%
Jan
'Jan
convertible
Monday
$ per share
Oil of
Spring
'4%
7
-
33% Oct
10
jun
Saturday
Oct. 15
—_
19
•14% Jan
13% Aug
25
29%
16% Mar
100
24% Jan -4 3
9% Jun 17
-
LOW AND
STOCK
Ohio common.. -10"
3%% preferred series A
.100
Standard Steel
13 r Jan 18
41% Aug
2
2o
'94
,
Jun
Standard
19
38% Jan
3
15
A
•18% Oct
45% Oct
7
Jun
18
100% Aug 31
14
40
88
A
'27% Oct
,
9
x27
.
YORK
EXCHANGE
$ per share
Par
Jun
96% May
43% May
41% May
NEW
Highest
tper share
Jun
97%
„
Feb
38
36%
Lowest
$ per share
STOCKS
Since Jan. 1'
Range
„
*8 Va
8%
*8%
46
*65'A
8%
46
66%
1,000
300
1949
Monday, October 24,
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(1614)
.V.
■
RECORD
LOW
»
STOCKS
for
Range
Previous
Year 1948
Dec
86
Dec
37%
Dec
Aug 11
43
Jan
13
33% Oct
4
62
Oct
3
20% Jun 13
49% May
137%
Dec
121
92
31% Aug 12
133
29
Apr
82
May
94
3
19% May
37% May
22%
112% Jun
Jan
37'%
Nov
58 Va
Juu
63%
Dec
72
Apr
129% Mar
1*0%
JuU
129% Jun
17ya
18% Jan
Feb
Nov
42% May
38% Jan
3
6'% May
4% Feb
24
Dec
12% May
8'% Jun
14
98 %
Jun
6'/»
Dec
85%
«
8
12 % Jun
Jan
8
14
21
Feb
20
Jun
4
Mar
10%
Jun
3% Feb 25
19
Feb
23%
Jun
150
Feb
17
156
Mar 5
7
Feb 10
43% Jan
3
7%
15% May
May
70
Dec
42
Feb
27%
9%
Dec
Feb
26% May
Jan
19%
Deo
29%
85%
Dec
94
May
86
Feb
95
Jun
33%
Deo
48%
eo
vet
96%
Feb
18% May
89
Feb 10
6
90
Feb
I
41
Oct
19
98 % Sep
15
82% Jun 17
19
Oct
Feb
23% July 14
32% Jan 12
3
July 18
14% Jan
15% Deo
23
28% Deo
38% May
27
Nov
34% May
29% July 27
14
29%
24% Deo
39%
Apr
25% Jun
25%
Deo
32%
Jan
.23% Mar
29
Apr
32%
Jan
1%
Apr 26
32
27%
*
27%
141/a
15
7%
24%
166
•164
19%
19
19
9
9
9
.
•25%
24%
Wabash RR
00% Jan 28
66
Jan
45
Jun
6
12% Deo
15%
Jan
12
Jun
30
14% Sep
13
35%
Jun
25% Jun
13
31 % Oct
5
Dee
28
;
13% May
29% Oct
24%
24
24
*90
93
93
•90
93
*90
93
>90
93
93
93
93
*90
*90
41
40
*90
93
40%
393/4
,
*98
99%
•90
93
18%
18%
18%
►115%
116
*115'/B
19
*17%
19
7
Jun
x87% Jun
15% Oct
13
14
3
97
Oct
3
13
Oct 20
101
Jun
14
May
Nov
32
Jan
18% Jun 22
Xl9% Nov
34% May
20 Y*
Jan
27 y« Aug
14
23% Jun 27
12%
Deo
20% May
16%
Dec
22
13
Dec
30%
22
9% Jan
,
1
Jan
11
14
20% Oct 14
14% Sep
Sep
11%,Jun 14
16% Feb 10
Jan
ll%Apr 21
16% Oct
15
5
7
Sep
34% Aug
27% Jan
26
X80
Nov
86%
3
xl9% Jun 13
78
July 13
6% Oct
Dec
6% May
3%
Veb
105% Nov
100% Oct
Jun
32%
32%
32%
*32
323/8
32%
32
32
•32
32%
283/4
>273/4
283/4
*30
*30
31
*30
31
31
*47'/a
49'/a
*47%
13%
13%
13%
*23
283/4
28%
31
*30%
31
30%
101% May
2
16%
Xpr
22%
Oct
13% Mar
4
Feb
51%
Jun
35% Jun 14
100%
Feb
110%
Jun
20
Oct
20
108% Jan 25
May 12
CM'- '
■i..
■
r-i
Year 1947
5%
Nov
Dec
46% May
7% Mar
16% July
22% Mar
Nov
68% Dec
32% May 23
8% Feb 24
8
20
Jun 13
53% Jun
6
36% May
74% July
39%
23%
Deo
33%
Jun
85%
Feb
95%
Apr
91%
Feb
101%
Jun
26
Dec
40%
Jun
80
Jan
37
Mar
21% Jun
997/a Oct
3
3
98% Feb
15
21% Jun
7
26% Jan
11
Mar 30
114% Sep
12
102
29% Jun
48% Jan
5
2
27
89% Jan
23% Mar
Jan
Aug 11
104
13
July
71
Jan
27%
21
29% Oct
90% Jun
.
57% Oet
92
13
20% May 31
July
115
Mar
83
Jun
26
18% Oct .13
34% Jan
7
68% Jan
12
28 ; Sep
7
16% Mar 30
23
Feb
13%
Dec
24% May
12% Jun
Feb
22% July
Feb
31% Nov
Feb
19% Jun
3
28% Feb
8
7% May 31
29% Sep
9%
6
7"% Jan
x42% Jun 22
66% Jan
•
27%
9
Mar
51
.
4% Jun
May
12
6% Mar
65% May
Nov
17% May
10%
13
18% Jan
8% Jun
Jun
5
13
Deo
88%
Jan
Dec
19
Jan
10
Dec
18
Jun
14% Jan 14
Dec
xl38
6
2
Apr
79
14%
13% Jan 17
19% Oct 13
138
2
Sep
Jan
128
Jan
4
Feb
37%
Oct
22
Jun
2
41% Nov
49%
Jun
44
Sep 27
10
49% July 29
,11% Jun 14
16% Oct ;21
28
13%
Deo
68% Deo
25% May
"
Feb
81%
69% Aug
10
72% Apr
Feb 29
Nov
94
May
68
Jan
96% July
68
July
66
Mar
8
Deo
22
10% Feb
69
11%
34%
Jun
Jan
16% May
Deo
48
May
16% Feb
24
Oct
37
66%
Dee
13%
Deo
19%
Feb
3% Deo
89%
Oct
X19% May
35
17
7
Jan 10
24
Jun
X62
60% Mar
34% Jan
X50% Feb
64
July
6% May
Feb 9
•% Feb 28
79
.
78% Sep
2
11% Oct
*14%
95
95%
95%
96
12%
113/4
13
11%
12
11 %
113/4
12
11%
12
13
23%
23
23%
24%
245/8
233/4
245/a
23%
243/a
23%
243/8
19%
19%
20
19
20
19%
24%
24%
*24%
24%
*24%
24%
13%
13%
133/a
13%
13%
13%
21
19%
19%
*19%
15%
*20%
5%
5%
53/4
22%
22%
22%
*83'/4
84
84
84
15
Jun
13
12% Jan
30% May 13
39% Jan
7
18
17
26% Oct
19
13
74
53% Jun
10% Jun 28
20% July 12
3% Feb
9
Machinery
28
14% Jan
6
Jan
York
*
Corp
Jan
7
Zenith
4% Oct
13
Zonlte
33
common
conv
Radio Corp—
Products Corp.
*Bid and
rCash
sale,
asked prices; no sales on
sSpecial
sales.
this day.
wdWhen distributed,
fin receivership, or petition
xEx-dividend, yEx-rights.
20
,15 «/a
16
3,500
16%
16%
15%
15%
15%
2,000
5%
6
6
5%
5%
22
22
22
21'/a
21%
22
84 *
84
83%
330
833%
83'/a
84%
833/4
18%
18%
18%
183/4
20%
18 3/4
18%
18 >/a
19%
20
3,500
9,600
24
25,500
■
22
18%
21%
20
24%
233/4
24%
1113/4
105%
105%
111%
111%
1053/4
105%
105
105
$ per
6%
6%
34%
34%
34%
343/4
*11%
11%
11
11%
24%
*23 %
27%
26%
67%
*65
24
26%
67
*65
17%
17%
163%
27%
27%
26%
27%
28%
28%
27%
28 3/a
99%
98
•100%
1
*100%
101 %
115
•113
115
-
243/4
24%
25%
*24%
*113
99%
101 %
38%
37%
*78%
78%
78
38%,
78 %
*26%
27%
27%
27%
•38
•
i 14%
27%
26%
33%
ll3/4
33%
11%
\ 5
11%
19%
76 Va
11
76
76
*10%
10%
19%
19% ,
*138
143 :
*28%
29%
45%
46
19%
19%
♦138
143
*138
•75%
*10%
76%
-11
10%
143
.
45%
45%
143/4
14%
14V4
14%
',*673/4
69
67 3/4
68
*68
•70'.
72
69%
70
70
76
♦73%
75
x74%
743/4
: 75
-
75%*11 %
SI
1
60
233/4
>75%
75
75%
*733%
753%
11%
U
'11%
113%
23
23%
*22 3/4
-
5,300
300
27 3/a
-
273/4
27'/a
33J/4
*323/4
33%
100
*32%
,*11%
11%
11%
11%
4,200
53/8
12,200
;
5%
5y8
53/4
52 >/a
liy4
53'/4
53
53
11%
11%
11%
76
•
t
76
*75
76
10%
*10 %i
11
•
*10%
19
*138
143
300
9,300
19%
19
*138
18%
2,300
10,100
143
28'/a
29
45%
* 29%"
29%
45'/a
453/8
■
'
■/.'
1,000
46 Va
13,900
,16%.,
13,400
14%
15%
15
68
68
68%
68%
70%
71%
200
500
76
*74
75%
2.400
*11%
11'/a
2,300
225/8
75
223/4
1,400
23
22%
23
22%
23
10%,
10%.
*36%
37
36 >/a
36 3/a
1,400
'•363/4
10%
373/4
26%
67%
12%
10%
2,700
10%
10'/a
103/4
25%
26
26
26
5,800
673/4
123/4
67 y8
67%
7,800
12
12
2,700
29%
4%
28%
29%
6,400
4'%
5,900
26 V*
: 243/4
243/4
67%
66%
66%
66%
67%
673/a
*67 %
12
11%
12
11%
12%
11%
283/4
28%
29%
4'%
tv*
4y»
company's reorganization.
27 3/a
150
78'/a
*78
4
273/a
11'A
26
has been/filed for
2,100
11%
373/4
43/4
14
" 75
24»%
4%
13%
751/2
11%
37 Va
4%
27 »/a
143/8
76
10%
1
27%
,
,
2,000
14
*741%
38
24
28 3/e
'
27%
4
♦733/4
10%
29%
38%
38%
78 3%
76
23%
28%
25%
115
•113
78
-
70
38
-No pax
253/4"
200
1,100
38%
691/2
10%
*12
115
790
,99
102
; 38%
70
,
38 3/s
10%
983/4
14%
10%
*38
/
900
•1013/a
253/4
•*24%
*113
113/4
HI/4
23%
1013/B
■1013/8
283/4
700
69
70
71*
60,800
99
♦68
69
29%
28%
97
14%
14%
141/a
7,200
28%
•74
*73%
:
26%
18%
26%
46%
45
175/s
26'/a
17%
45%
45%
.
300
17'/4
14,200
26 %
29
29
65'/4
18
27
29
v
29
27
65%
65
781/2
*27%' 27%
\ 14% 14%
x27 Va 27%
*32% 33%
11% 12
5
5%
51
52%
.5 11
11%
76
76 *
*10%, 103/4
: 19 ; 19%
*138
143 *
29%
*29
26 »/a
34%
27
.
2,100
26
65
115
39
3,800
11%
26
27
•
6,200
11%
♦26
v
Shares
73/4
26 3/4
11%
28%
99
101%
25%
i5
fur
the Week
34'/4
11'A
28
66%
*65
Sales
share
V
7
34>A
34'/4
12
26%
27 %
60
Friday
$ per
7%
7
34%
2,600
Oct. 21
$ per share
7
6%
34%
113/4
25%
14%273/4
34
1134
5%
50%
11%
27
*33 Vb
11 y4
5
1
Oct. 20
Oct. 19
$ per share
2,600
108
*106
Thursday
Wednesday
27%
.
50%
10"%
51
*49%
10%
11
*753/4
*10%
'
1
5%
4%
5
51
51 r'
■11V:
!
s*27-
14%
27
-333/4
19
10
..100
,
14%
•14
14%
26%
<•33%
PRICES
44%
108
►106
108
100
14
45%
*13%
46
45%
45%
44%
*106
112
14
13%
14
13%
..
-i
105
1053/4
17%
26%
28 %
99
99%
.99
*100% 101% ;
101%
243/4
24%
.24%
*113
115
*113
37% it.38
,' 38%
78 VW78%; .■ •.; 78 i/a.
17%
.*98%
106
Oct. 18
6%
*23%
105
*105
$ per share
63/4
7
34%
34%
11 Va
11%
*24%
26
*27
27%
*65
67
17%
17%
26%
27%
t
28
283/8
share
6%
*27
105%
Tuesday
Oct. 17
Oct. 15
$ per share
1053/4
HIGH SALE
LOW AND
Monday
Saturday
1053/4
*105%
100
105
*1043/4
108
*106
108
•106
112
44%
43%
43%
43%
441/4
106%
112
1123/4
350
112
13%
13%
14
233/4
24
23%
1,900
105
105
13%
19%
24%
23%
5%
"112
105%
105
14%
14%
106%
111%
5%
20%
20
21
*105%
.
200
22%
.$,83/4
•
tiEffective
:
20%
*19'/a
20
>19%
20
20%
233/8
*43%
preferred
Young (L A) Spring & Wlre_No Par
Youngstown Sheet ft Tube
No pax
Youngstown Steel Door
No pax
4%%
133%
20%
,
Co
500
*13%
1,500
13%
13%
13%
"
24%
Worsted Co.
ft Towne Mfg
24%
13%
19%
*105
pfd 4%% series
100*
Prior pfd 4%% conv series
190
Wright Aeronautical
No pax
Wrigley (Wm) Jr (Del)
No pax
Tale
193/4
*24%
21%
*1051/4
Prior
Wyandotte
19%
24%
24
No par
common
20
24'/4
21
10
II
Co
Woolworth (F W) Co
Worthington Pump ft
Jan 20
19% Jun
16% Jun
6% preferred
Woodward Iron
19%
24%
*19
If
Wisconsin Elec Power Co com
203/a
*24%
19
112
5,200
6,000
18%
5%
*22%
112
220
78,600
833/4
16
15%
16%
16
.
<11%
Co
Wilson-Jones
11
94
8
15
95
19%
Willys-Overland Motors com
1
$4.50 csnv pfd series A—No pax.
Wilson & Co Inc common
No pax
$4.25 preferred
No pax
8
12% Mar 10
15
Jun 21
12%
125
•' 15
22%
.10*
Prior
12% Oct ' 8
70
69
15%
95%
..I
White
1,000
15
15%
953/8
11%
1 !•
Motor Co
;
Sewing Machine com.
preference
Wilcox
Oil Co
White
23
33% Oct„
non-cum
3,800
8
73/4
*95%
Maryland Ry com
2nd pfd
Western Pacific RR com
No par
Preferred
series A
100
Western Union Teleg class A~No par
Westinghouse Air Brake
No par
Westinghouse Electric com.
12%
3%% pfd series A
100
3.80% pfd series B
100
Weston Elec Instrument
12.60
Wheeling & Lake Erie Ry
.100
Wheeling Steel Corp com
No pax
$5 conv prior pref
No par
White Dental Mfg (The SS)
31
4%
29%
8
15%
10
100
100
Western
8
Jan 24
30
May 31
13
May
26
Deo
15
29% Nov
29% Apr
.
Sep
21
38% July
25%
11
41% Mar 12
12 Ys Jan 20
80
29%
; 7,700
95%
l
Air Lines Inc..
Western Auto Supply Co
Western
105'/a
15%
,«r.
share
7% Apr
Feb 24
5
10% May
34%
$ per
200
30
30
95%
Par
Xper share
Sper share
share
X per
7%
1,300
14
15%
fZ
STOCK
8
200
49%
*1045/2
29 3/a
29
8%
1053/a
10
150
96%
EXCHANGE
Highest
29%
29
7%,
7%
73/4
7%
105%
600
32%
32
15 3%
8
-c
"'v .•:v
NEW YORK
Range since Jan. |i. v.
Lowest
Highest
.
STOCKS
.
fi'.-X
Previous
Range for
Lowest
u
:
28%
32%
700
96
100
preferred
4%%
283/4
200
32%
30'/a
*30
30%
105%
105%
28%
15%
8
1
Corp
28%
105%
28%
.
28%
•30
30%
105%
♦104%
14
*13%
*29%
30
*29%
14
•104%
106
15%
Kentucky Coal Co
4
West Penn Elec Co com
No pax
West Penn Power 4%% pfd
109
4.20%' preferred series. B
100
4.10% preferred series C
100
West Virginia Coal is Coke
6
West Va Pulp & Paper com_No par
14
17% Jan
46
30%
48%
483%
483/4
*13%
*28 3/,
32%
/ 32%
323%
32%
*
133/4
133/4
14
*29%
29%
*28 3/a
30%
*48
483/4
48%
•13%
10
28%
•273/4
•273/4
28%
28%
49%
100
r
32%
*27%
Snowdrift com—2J0
preferred
No par
Indies Sugar
28%
29%
*32
28%
19
19
19 »/a
*28 3/a
293/4
32%
No par
No par
1
*18%
*28%
32%
*104%
115%
r
116
►115'/a
116
29%
29%
West
108% Jan 26
106
Sep 14
.
38%
104
Jun
113
conv
West
14
24% Aug 10
3
107
Apr 18
104% Sep 30
14% Jan
Jun
107
21
22% Oct
$4
19
900
14,400
■
19
29%
Oil &
Wesson
18
23 % Jan
-
16% Jun
1*% July
113
84% Oct
14
16% Sep 29
Jan
26% May
19% Mar
13%
3% Jan
116
•17%
19
*17%
*31%
preferred
100
Warner Bros Pictures
6
Warren Foundry is Pipe
No par:
Warren Petroleum Corp
3
Washington Gas Light Co—No par
Waukesha Motor Co
6
.6
Wayne Knitting Mills.
-1
Wayne Pump Co
-»
Webster Tobacco Inc—
7
25
Co common—
*115%
93'/4
18%
•
*32%
5% %
25% Feb
22% Jan
Jun
14.
Ward Baking
14
9% Nov
x83% Mar
Walworth Co
18%
933/4
18%
18%
4,700
7%
94
*93'/4
116%
116
116
-•17%
8%
183/4
18%
18%
18%
7%
8'/a
7%
94
99%
*98
99»/a
V 2,500
39%
39%
40'/a
*98
99%
98
♦93
94
93
93%
24
24
„
8
8 3/a
7%
7%
7%
7%
93%
♦
99%
•98
99%
'
41
40
40
40%,
7%
100
(Hiram) G & W
Walker
21
9% Jan
Xl2
16% July
10% Mar
1
6% Jun 29
21% Jun
27% May
4%
105% Oct 19
May 19
101
Aug
105
100% Apr
xl8% Mar
V;;8% Feb
Co common
preferred
Walgreen
1,400
*90
93%
No par
No par
23%
23 3/a
*233/4
93
100
preferred
4%%
Waldorf System
300
2,000
92
*88
•48%
11%
113/8
243/,
*90
*30%
11%
113/a
IP/4
92
W
57% Aug
11%
1,300
9%
26%
*26
'24%
11%
24%
20
90
11%
11%
2,500
20
8%
9 »/a
26%
11%
*88
26
21
9%
11%
*11%
40%
26
280
20
203/8
20
8,100
59'%
58%
59
50
10 Va
9%
10'%
500
165
*162
*25%
9%
26
18,700
24%
-
200
8%
24%
24%
14%
8%
165
*58%
26
*25%
'
*98
9%
14%
8%
9%
20 3%
193/4
9%
*8 3/4
253/4
253/4
26
19%
19
1,000
24%
59
59
59
•58
58
19%
9
9%
9'/a
58
59%
5,100
26%
15
165
9%
9%
9%
.
3%
*25%
8%
166
♦162
90
26
26
24%
*24%
24%
164
163
166
9%
9%
9%
•58
24%
24%
*24%
•163
1,700
3%
3'%
*14'%
8%
1,700
11 y8
iiy8
*89%
90
3%
15
8
5%
5%
11'/4
11'/a
40
44
*43'%
6
*89'%
27
27
8
7%
*5%
3'%
*14%
14'/a
14%
'
91
3%
27%
*26
7%
7%
7%
•24%
10
Detinning Co common
preferred
3%
433%
11%
11
3%
33%
3%
43%
6
*89%
91
21
21%
6
11 Va
10%.
*89'/2
24%
134%
21
43%
43'%
6
6
6
243%
134%
21
20%
44
*43%
.
24%
135
21%
21
11
3%
com—No par
Vulcan
2,000
24«/a
135'%
91
15
(The)
Vlsking Corp
1,500
21'/a
10%
27%
100.
25
13
134%
*89%
3%
10o
30% Apr 30
0
Mar 16
30
6
33% Apr
32% Oct
134'%
.
135'%
24 3/8
23 5/a
1353/2
24
5%
6
91
*14%
100
1
100
$5
24'/s
24 y4
135%
11%
*26%
preferred
Va Iron Coal is Coke 4% pfd
Virginian Ry Co common
6% preferred
14
64%
44%
6
preferred
Virginia Elec & Pwr Co com
10
118
3
113% Jun 29
15% Jan
64%
♦431/2
2
50
1
_1
div partic
64'%
64'%
64%
44%
Norman
6%
36'%
64 V*
21%
of America._No par
Va-Carollna Chemical
11V* Jan 21
Jan 21
118
6
Jun
5
Jun
Jun
117%
Jan
109
6
5
33 % Jun 17
91
Jan
7
Jun
14% Nov
93
6
37
G4'/2
21%
2.50
10
Co„6%
Vick
Chemical Co
_2.50
Vlcks Shreve is Pacific Ry com_100
5% non-cum preferred
100
Victor Chemical Works common—6
3%% preferred
100
19
Oct
85% Jan
Apr
14% July
124% July
7% Mar
Oct
38'/a
373/4
37%
37%
38 y4
21%
*89%
13,400
1,200
51,900
116%
135 »/4
*11%
119
118'%
118
119
118%
64%
*43%
par
116%
—
7,000
1,270
34%
34'%
37%
23'/a
24%
136
333%
7,000
91'%
*91
115%
2l7/4
Co
Van Raalte Co Inc
Vertlentes-Camaguey Sugar
25
*04
65
24
34%
33'%
'
34%
37%
33
*64%
34'/21
26%
26%
27'A
91'%
*91
91%
33 3/a
116
115
36%
*135%
26%
27%
26%
*91
91
•91
Week
Shares
65
115%
35%
2d pfd—5
No par
conv
Van
43% Jan
26
33'/4
25
1
Stockyards Corp
Vanadium Corp
May 13
117.
Jan
85% Mar
21
25% Apr 25
Feb 16
3
10
20
14
Jun
59 % Oct
14
20% Jun
May
to Va
2
10% May 18
28
8% Aug
8
15% May
21%
170
Jun
17
Oct
14%
12% July
9% Sep 29
25'/* Sep
19% Jan
May
170
Dec
7
17% Jan
16
33%
323/a
No par
preferred
United Wall Paper Inc common
4% conv preferred
Universal-Cyclops Steel Corp
Universal Laboratories Inc
Universal Leaf Tobacco com_No
8%
preferred
Universal Pictures Co Inc com
4%%
preferred
17
4
29
Feb
Jan
91'/a
27'A
26%
*90'/a
33%
_100
United Stores $4.20 non-c
$6
26%
91%
115
No par
preferred
non-cum
United
-
27% Oct
2% Jun
34
Dec
91
Apr 29
80
Jun
Dec
2%
22
7%
2
11
5
Sep 28
Oct
11% Oct
26%
50
:
common
Corp
preferred
Tobacco Co com
U S
44% Sep
6
preferred
S Steel
26%
share
26%
the
share
X per
share
X per
share
X per
\
share
Sales for
Oct. 21
Oct. 20
Oct. 19
$ per
*90%
oo
7%
26
21% May 19
4% Mar
1st preferred
Ref is Min cem
non-cum
7%
U
13
140% Jan
4
37
18
24% Oct
Rubber Co common
s
S%
U S Smelting
Mar 17
72
8
Jan
U
26
Jan 21
46% Apr
19%
8%
S
X per
f per share,
Par
^—l
100
10
100
Plywood Corp Common
3%% pfd series A
^
U
18
27'A Oct
Oct. 18
Friday
Thursday
Wednesday
Tuesday
Oct. 17
Get. 15
7f *.
share
X per
share
I per
share
1 per
share
Highest
Lowest
Highest
Lowest
X per
Range Since Jan. 1
,
>9+r*
1
#*
,
HIGH SALE PRICES
AND
Monday
Saturday
YORK STOCK
EXCHANGE
NEW
...
-V
..
.4
291/4
4%
Sept. 23, name
'
'
;
293/4
4%
was
67
ll3/4
29%
*4ya
changed to Shell Oil Co.
4
~
a Deferred
delivery.
Volume
170
Number 4849
THE
COMMERCIAL
Bond Record
-
The
-
Italic
letter*
In
the
column
FINANCIAL
headed
WEEKLY
-
"Interest Period"
Range for Previous
Range Bines Jan. 1
Lowest
Highest
Highest
101.11 May
105.1
Sep
Sep
108.28 May
108.13 Jan 26
{Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
{Treasury
Dec
102.23
Feb
102.22
Sep*
102.23
108.13 Jan 26
110.23 Mar 11
—
101.18
.
110.23 Iter 11
__
102.31 Jan
Sep
104.9
102.31 Jan
14
Feb
3
104.9
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
14
Feb
3
101.7
Sep
101.11
Jan
101.19
Jun
101.19
Jun
102.1
Mar 11
104.15
100.24 Mar
Aug~18
100.25
Jan
103.8
July 25
103.8
July 25
100.23
Jan
100.26
100.23
Sep
100.24
Sep
101.12 Feb
100.16 Sep
101.12
Jun
101.7
100.7
Oct
100.27
Apr
May
103.2
100.28 Jun
100.23
14
101.14 Sep
100
Mar
102.13 July
102.30 Feb
100.4
May
100.13 Jan
20
100.2
Feb
100.17 Feb
9
Mar
100.9
100.31
Sep
Dec
101.26 May
30
Aug
105.4
8
Aug 10
102.30 Sep
Jun
14
100.21 Feb
Treasury
Treasury
Treasury
{Treasury
Treasury
20
101.3
Sep 28
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
9
101.13 Mar
101.7
2
103
9
100
Aug
101.28 Jun
100.18 Jan
102.26 May
Jun
102.26 May
100.7
Oct
101.13 Jun 24
9
Feb
100.31
Sep
100.30
Sep
101.18 July
101.19 July
100.7
Oct
100.16
101.8
'
Jan 26
101.18 Feb
101.8
Jnn
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
28
101.18 Feb
9
YORK
9
Apr
94.10 Jan
98.30 May
98.24 Jan
10
99.30 May
99.11 Jan
5
-
—
2s
*Btd
due
and
Dec.
asked
15,
price.
No
sales
101.2
15
July 14
102.16 Sep
transacted
1949-51, called Dec.
at
this
100.
a
1949-1952
3s
2%s
1951-1955
Interest
Hlfb
Exchange
Period
or
Low
High
100.14
♦100.13
100.14
*100.12
•104.3
104.5
*104.3
104.5
*104.3
•109.5
109.9
*109.4
109.8
*109.4
Low
/-D
Bales for
Oct. 21
Low
High
the Week
High
Bends (!)
100.13
*100.12
100.13
•100.12
100.13
*100.11
100.12
*104.3
104.5
*104.2
104.4
*104.2
104.4
109.8
*109.4
109.8
*109.4
109.8
♦109.5
109.9
•103.4
103.6
*103.4
103.6
♦103.3
103.5
*103.3
103.5
*103.3
103.5
*103.3
103.5
•110.11
110.15
*110.10
110.14
*110.10
110.14
*110.10
110.14
*110.10
*110.10
2%s
110.14
110.14
1958-1963
*111.13
111.17
111.16
*111.12
111.16
*111.14
2%s
111.18
1960-1965
•112.29
112.31
*112.28
113
*112.28
113
*112.28
113
*112.30
113.2
•112.31
113.3
2 Vis
1949-1953
*100.10
100.11
*100.10
100.11
*100.9
100.10
*100.9
100.10
*100.9
100.10
•100.8
100.9
2Vis
*111.12
111.16
1950-1952
*101.17
101.19
*101.17
101.19
*101.17
101.19
*101.16
101.18
*101.16
101.18
♦101.16
101.18
*103.1
103.3
*103
103.2
*103.1
103.3
*103.1
103.3
*103.2
103.4
*103.2
103.4
-1956-1958
*105.31
106.1
*105.31
106.1
*106.2
106.4
*106.1
106.3
*106.1
106.3
*103.1
106.3
105.4
*105.6
105.8
*105.3
105.5
:_1962-I967
•105.2
105.4
*105.2
*104.13
104.15
*104.13
104.15
.Jun 1964-1969
*104.1
104.3
*104.1
104.3
2Vis
-Dec 1964-1969
*103.28
103.30
*103.28
103.30
1965-1970
*103.23
103.25
*103.23
103.25
1966-1971
*103.21
103.23
*103.21
103.23
._Jun 1967-1972
*102.29
102.31
*102.29
102.31
__
2Vis
1963-1968
2 Vis
2Vis
2Vis
2Vis
2Vis
2'As
—
__Sep 1967-1972
*105.14
105.16
*105.14
105.16
-Dec 1967-1972
*102.29
102.31
*102.29
102.31
1951-1953
*102.31
103.1
2Vis
*102.31
103.1
1952-1955
2 Vis
*102.17
102.19
*102.16
102.18
1954-1956
—
*105.26
105.30
*105.26
105.30
2Vis
2Vis
-Jun 1953-1962
*102.24
2 Vis
-Dec 1959-1962
*102.23
*100.7
*100.13
♦104.20
1956-1959
104.22
*104.20
104.22
102.26
*102.23
102.25
102.25
*102.23
102.25
100.8
*100.7
100.8
100.14
*100.13
100.14
2s
.Dec 1949-1951
2s
.Mar 1950-1952
2s
Sep 1950-1952
*100.27
100.23
*100.27
100.28
101.19
*101.16
101.18
1951-1953
*101.17
1951-1955
*101.23
101.25
*101.22
101.24
2s
Jun 1952-1954
*101.29
101.31
*101.28
101.30
2s
Dec 1952-1954
•102.6
2s
-
102.8
*102.5
1953-1955
*103.26
103.30
*103.26
103.30
—1950
*100.15
100.16
♦100.15
100.16
—1957
•100.30
101.2
♦100.30
101.2
1972
2s
*102.10
102.14
♦102.10
102.14
1 Vis
Bank
102.7
for
being called for redemption:
Registered bond transaction.
•!
Friday's
Bid & Asked
High
•
111.18
1952-1954
2Vis
r
*111.14
—
2Vis
2s
*111.12
__
2 Vis
2Vis
are
3Vis
Bonds
OCTOBER 21
Low
278
*105.3
105.5
*105.3
*104.14
104.16
*104.14
104.16
*104.14
104.6
*104.3
104.5
*104.2
104.4
*104.3
104.5
*103.31
104.1
*103.30
104
*103.29
103.31
*103.30
104
103.27
104.15
High
*103.26
103.28
*103.25
103.27
*103.24
103.26
*103.25
103.25
*103.23
103.25
*103.22
103.24
103.3
*103
103.2
♦102.31
103.1
*105.18
105.20
*105.17
105.19
*105.17
105.19
*105.18
105.20
*103.1
103.3
*103
103.2
*102.31
103.1
*103
103.2
*102.31
#
106% 106 Vi
103.1
*102.31
•"
104
102.31
103.1
*102.31
103.1
♦102.31
103.1
102.19
*102.17
102.19
*102.18
102.20
*102.18
105.30
*105.24
105.28
*105.24
105.28
*105.24
1,500
102.20
*105.26
105.28
■
•
*104.22
104.24
j
■
*104.22
104.24
102.24
102.24
*102.25
102.27
♦102.25
102.27
*102.26
102.28
*102.25
102.27
*102.24
102.26
•102.24
102.26
*102.25
102.27
*100.6
100.7
*100.6
100.7
*100.6
100.7
*100.6
100.7
*100.13
100.14
*100.13
100.14
♦100.12
100.13
*100.12
100.13
*100.27
100.28
*100.27
100.28
*100.27
100.28
*104.22
104.24
*104.22
104.24
100.28
*100.27
*101.17
101.19
*101.17
101.19
*101.17
101.19
*101.17
101.25
*101.23
101.25
*101.23
101.25
*101.23
101.25
*101.29
101.31
*101.29
101.31
*101.30
102
*101.30
5,000
101.19
*101.23
102
*102.6
102.8
*102.6
102.8
*102.7
102.9
*102.7
102.9
*103.28
104
*103.26
103.30
*103.26
103.30
*103.26
103.30
*100.15
100.16
*100.15
100.16
*100.15
100.16
♦100.15
100.16
*100.30
101.2
*100.30
101 2
*100.30
101.2
101.2
101.2
*102.10
102.14
*102.10
102.14
♦102.10
102.14
102.14
102.14
1949-52,
called Dec.
15
at
100; 2Vis due
Friday
Interest
Exchange
1949-53,
Week's Range
Last
Period
or
8ale Price
Friday's
called
2,000
Dec.
1,000
15
at
100;
-
Bends
Bid A Asked
Range Since
Sold
Jan. 1
•
v
4
J-D
J-D
3%s Series No.
107%
102.31
*102.17
3%s Series No. is¬
12
1,000
*103.23.103.25
*103.1
due
-
104.16
*103.23
New York Stock
Jan. 1
No.
105.5
104.15
*104.4
BONDS
Range Since
Sold
■
106%'
Low
High
104.5
.
3%s Series No. le—
»
Friday
Oct. 20
Oct. 19
I
1956-1959
..
-1W0
Thursday
Wednesday
,
High
1951-1954
Week's Range
.
Bale Price
•
Corporate Stock..
Low
2%s
transaction,
Last
New York City
Transit Unification Issue—
3%
Oct. 18
2%s
{The following Treasury* bonds
lot
Lou>
■
Tuesday
*100.13
•
1955-1960
—
day.
Odd
point.
a
Oct. 17
RANGE FOR WEEK ENDED
v
New York Stock
of
Monday
Oct. 15
Li>».
10-year 2Vis
25-year 3s
:
2
Friday
BONDS.
n
the month when the bonds mature.
case
82d
more
Reconstruction & Development
94.14
Jan
each
or
Satardsy
3%s
International
""
BONDS
STOCK
EXCHANGE
101.11 May
9
105.28 Mar
107.4.
NEW
In
one
Exchange
LOW AND HIGH BALE PRICES
GOVERNMENT
Tear 1948
(1615)
YEARLY
-
indicate
Figures after decimal point represent
Lowest
CHRONICLE
New York Stock
fi»
FRIDAY
-
&
J-D
17—
3%s Series No. 18—
*
LQW
.
.J-;.
*63
64%
t'
__
:
64%
64%
64%
65
60
65
65%
65
63%
„
High
59%
58
*63
J-D
Low
*63
•-
J-D
3%e Series No. 19—
No.
High
56
65%
63 Vi
58%
65
3%s Series No. 20
♦63
59%
65
J-D
♦63
3%S Series No. 22—
60%
65
J-D
65
3%s Series No. 23—
3%s 8eries No. 24—
Foreign Securities
J-D
3%s Series No. 21—
J-D
3%s Series No. 25
'
Members
120
New
York Stock Exchange
NY
•
1-1693
(Dominion
25-vear
A
Municipal
Agricultural Mtge Bank
|AGtd
AQtd
sink
fund
sink
1947
6s
1948
Akershua (King of Norway) 4s
lAAntioquia (Dept) coll 7s A
lAExternal s f 7s series B
IA External
lAExternal
1968
f 7s
s
AExternal
s
AExternal
sec
AExternal
sec
f 7s
F-A
*71
70
72
A-O
*71
62
62
81
93%
M-S
93 %
93%
26
37%
47
45
45%
8
37%
46%
J-J
45
45
1945
D
J-J
J -J
8
37%
46%
J-J
45 %
45
45%
7
37
46%
44%
44%
45%
15
37%
46%
1957
A-O
f 7s 3rd series__1957
45
A-O
A-O
7s
2d
3
45%
\ t.:
*44%
45
45 Vi
(City)
external
37%
(Commonwealth)
10-year 3 Vis
10-year 3Vis
20-year 3V2s
20-year 3y2s
15-year 3%s
Belgium (Kingom of) extl
s
f
1958
5s
J-D
1955
F-A
1957
J-D
.1967
1966
f
100% 101%
100
•' •
46
s
assented
90%
J-D
F-A
6s__1955
7s
(U S of) external 8s
Stamped pursuant to Plan A
(Int reduced to 3.5%)__
s f 6%s of 1926
AExternal
J-D
f
(Central Ry)
103%
89%
97%
89
2
85%
1
95%
92%
A6s
1978
109%
19
32
109% 112
118
r
..*•
117% 118
—
.<
.
A-O
A-O
•
74%
18
35
74%
54%
J-D
1957
A-O
1979
A-O
J-D
1
54%
—
84
:■
93%
82%
93%
102%
113V4
(Int reduced to 3.375%)
1979
External $ bonds of 1944 (Plan B)—*
J-D
101%
98%
987/a
A-O
101%
100
102%
102% 102%
102%
98
1
45
102
115
60%
121
75%
7s
106% 106"%
27
104%
107%
M-S
100% 100%
18
100%
100%
J-J
♦57
1942
M-W
*27%
I960
A-O
A-O
34 Vi
37%
27%
25%
29%
35%
34
37%
27%
M -S
28%
36
35%
27%
25%
27
27%
J-J
J-J
27%
26 %
*35%
27%
27%
6
56
62
75
35
46
M-S
27%
A-O
*35%
35%
36%
*27%
25%
29
1963
M-N
*35%
34%
36%
M-N
1993
J-D
1957
J-D
26
26
*35%
1981
27
AGuaranteed 6ink fund 6s
assented
J-D
26
120
40
1961
A-O
27%
*27%
78
—
60%
55%
21
43
55%
61
72
—
46%
59.
—
—
3%s Series No. 1
J-D
3V4s Series No. 2
68%
J-D
—
'
*54
53
52%
53
4
42%
53%
68%
69
17
62%
28
37
~i
26
29
,
28%
57%
J-D
66%
3 Vis Series No. 4
59
69
J-D
66%
66%
67
5
57%
69
J-D
67
67
3Vis Series No. 7
2
58%
J-D
•69
74
3Vis Series No. 8
J-D
71
71
3Vis Series No. 9
10
62%
assented
35%
36 y»
*27%
26%
29
1960
7s
*35%
M-N
M-S
37%
35%
35%
35%
35%
AChlnese
27
26
1960
.
(Hukuang Ry)
5s
M-S
27
1951
J-D
*3%
5
For Financial Inctitutionc
FOREIGN
SECURITIES
70%
70%
1
58%
73
FIRM TRADING MARKETS
73
J-D
66%
66%
9
70
73
J-D
*69
74%
60%
J-D
♦63
64
58%
65
J-D
•64
58
65
J-D
*63
59
65
J-D
31.
29
26
M-N
69
For footnotes see page
37%
-
1962
69 ->
3Vis Series No. 5
3Vis Series No. 13
3 Vis Series No. 14
34
29
1962
71
2
e66% e66%
3 Vis Series No. 3
...
37 Vi
34%
27%
*35%
A-O
29'/4
r~7
27
*35%
;
29
25
J4%
26%
•
1961
assented
Munic
J-D
1961
29
25%
*27%
J-D
1957
Bank 6%s
27%
75
54%
54
54%
52%
3Vis Series No. 10
3%s Series No. 11
37
A-O
55%
>:■
54
A-O
3Via Series No. 12
29%
34%
♦35%
37%
26
27%
1962
1963
bonds 2-3s
A8%s assented
A7a
45%
29
34%
1962
_____
sinking fund 6s
Cons
37
35
30
36
F-A
F-A
59
54 %
♦35%
M-N
Sep 1961
Sep 1961
A6%s assented
A68
104 y4
J-J
Feb 1961
ASlnklng fund 6%s
A 6s
—
Stamped pursuant to Plan A
(Int reduced to 3.5%)
^1978
0% funding bonds of 1931 due_1951
Stamped pursuant to Plan A
97%
98%
10018 100
98%
29
'
—
.
1979
63%
_
85%
84%
AChllean
1957
65
60%
*98%
Jan 1961
sinking fund 6s
Mortgage
64%
59"
58
*63
F-A
Feb 1961
6s
assented
Extl a f $
AChlle
65
*64
1960
AGuaranteed sink fund 6s
1952
Stamped pursuant to Plan A
(Int reduced to 3.375%)
97%
27
83%
Stamped pursuant to Plan A
(Int reduced to 3.375%)
AExternal s f 6%s of 1927
86'/2
106
84
...
J-D
1941
90 VB
86%
AExternal
95
*63
'
■
'
84%
J-J
1955
91%
90%
——
7
65
1942
s
sinking fund 6s
A 6s
66
65
60%
1954
A0s assented
A Extl
57
56%
J-D
Jan 1961
f
65
1974
sinking fund 6s
A6s assented
ARy external
'AExternal
169
99% 100
*.
J-D
—1962
s
100%
J-J
1956
IA Brazil
A7s
46%
assented
70
19«1
A6s assented
5s
Australia
External
A6s
A Extl
37 y*
1
43
,
Antwerp
assented
65
64%
_1960
4s
AExternal sinking fund 6s
1945
series__1957
f
93%
of)
67%
55 %
60
68
1958
(City) 8s
(Rep) External
IA 7s
1945
1st series
s
s
series
(25-year)
IA Chile
1945
f 7s series C__
s
3%s
Aciaxmbaa
(Colombia)—
6s
fund
2%s
ir-8
2
—
—1950
Sinking fund gold 6s
Canada
Foreign Govt.
1957
64
55%
♦63
J-D
Brisbane (City) s f 5s
Sinking fund gold 5s
Teletype
Broadway, New York
7
*63
__
J-D
j-D
3%s Series No. 30—
65
*63
J-D
J-D
3%s Series No. 29—
Telephone
63%
*63
J-D
3%s Series No. 26—
3%a Series No.
REctor 2-2300
63%
J-D
3%s Series No.
Wertheim & Co.
'V
■
•63
55%
66
64
73
PARL MARKS & CP- INC.
FOREIGN SECURITIES SPECIALISTS
50 Broad
St., New York 4, N. Y.
Telephone HAnover 2-0050
*
Teletype NY 1-971
4%
7%
27
8
OCTOBER 21
WEEK ENDED
FOR
RANGE
RECORD
BOND
YORK
NEW
Monday," October 24, 1949 -
FINANCIAL CHRONICLE
COMMERCIAL &
THE,
(1616)
Week's Range
Friday
Week's Ranee
Friday
Interest
Period
BONDS
Exchange
New York Stock
Last
Bid
Sale Price
High
to
20-year
5%s
4%s
gold
External gold
46 y.
42 y2
49
•
—
41%
'
80
21
68%
7 4 '/a
13
63%
79
21 %
28
19
*
-
Salvador
4s extl
3%s extl
f
s
Jan 1, 1976
Jan 1, 1978
$
3s
extl
A Estonia
French
f
s
$
50%
93
122
81%
-07%
83%
89%
13
74%
90%
78
77
78
33
64%
83 Va
Greek
71
55
61%
49
45
52%
13%
10
14
*12
''
—
53
*47%
i.—
—
'
m
M-N
F-A
A-O
*9
1960
M-N
1977
J-J
*
.'
—
r-
•
•
part
A6s
part
paid
paid
Helsingfors (City) ext 6%s
Irish Free State extl
f 5s
s
Italian
(Republic) extl s f l-3s
Italian Credit Consortium for
Public
v
1977
J-J
7s
1952
J-J
Altaly (Kingdom of) 7s
AJugoslavla (State Mtge Bk)
1951
56%
1957
J-D
A-O
1954
J-D
44%
Public
Great
Southern
3*48
Alabama
Power
1st
3%s
1972
101%
mtge
Albany &.
37
507/b
26
•—
—
debs—
Amer
&
2030
Airlines
3s
to 3%
1%
AMedellin
(Colombia)
7s
6J/2S
'
•
V
J
}.
.
Metropolitan Water Sewerage &
|A4y2s assented to
A4%s
ASmall
Mexico
;
agree) —1968
1968
(1942
„,
(Republic of)—
A
A
4%
;
■
-r-
of
(assented
1922
ASmall
(ass'td
ASmall
AMilan
J-J
1933
■■
'.
—
-
s
f
external
f
s
External
.
3%s
.'
—
11%
-
'.
8%
32%
M-S
—_1963
-
M-S
'
•
M-N
32%
•
"
F-A
Series
54 y4
J-D
A-O
39 Va
25%.
Ref
32%
37
34
33%
93 %
93 7/8
38
94%
96%
13
95%
96
94%
95
95
"
92%
15
83%
80%
80
91
92
67
98
98
3
83
95%
—
—
95%
1
81 Va
(
4s
Bell
*101%
M-N
110
89
•■'1
86%102%
*104
103%
MS
21 %
21%
21%
4
17%
21%
i960
J-D
21%
21%
211/2
29
17%
21%
s f 6s 2d ser—*_1961
A-O
21%
21%
21%
5
17%
21%
1940
A-O
"
^ANat loan extl
lAStablllzatlon loan
f
s
40
25%
33
t.
*16
A-O
>-J
J-J
(Int reduced to' 2.375%)
2001
:7%s 1966 stmp pursuant to Plan A
J-J
101%
97%
26
93%
104%
105%
103%
'101% 101%
J-J
•
1
99%
102%
96%
•
'
86%
91%
58%
j-d
due Mar 1 2000 '
(City of)
8s
9
4
due Mar 1 1996
♦34
5%-ser A
•
4s
M
ref
&
J-J
1946
>-0
1951
-
V
67%
63
2%s ser I
2%s ser J
Cons mtge 3s .ser K
Cons
„
-
1967*
1955
1961
1960
series AC—
1st mtge 5s
mtge 5s series II
.1st mtge 4%s series JJ—
(Ernesto)
Bklyn Union El 1st gold 5s
■_
Bklyn Union Gas 4s debentures—*1969
Gen mtge 2%s_4—
:
1976
Buffalo Niagara El 1st mtge 2%s
19751
Buffalo Rochester & Pgh Ry—
>
Consolidated
Bush
95
:
__
5s
100%
gtd
5s
105'%
100%
97%
2
,99%
97%
20
100 %
'
103%
101
5
.103% 103 >/4
87
83
82%
101%
101
—
72%-73
14
70%
83 %
43
47
34
44%
59 V*
"*31
—
47
35%
35%
*104% 105 y4
103%
104%
*100
„
100%
102
7
97%
100V8 100V4
6
90%
103%
100%
.'102%102y4
-8
98%
102 y2
56 y4
102
43
50%
4
100%
8
91 y8
103% 103%
100%
«
—
55
55'i
-
102
102
"
106
,106
A-O
A-O
.J-D
M-N
A-O
:
...
,
97 y2
96%
j-j
1960
1959
Terminal Bldgs
121%
94%
102%
897«
Jf-N
-A-O
.
100
119%
15
.
^_1952
1955 '
i
100
98%
*101%
j-j
Jf-N
„
95
80%
5
100% 100%
M-S
1957
Stamped modified 4'/23
Terminal 1st 4s_
31%
80
100
F-A
A-O
F-A
Debs'—
14
46
78
1
.104% 1053a
...
M-S
M-N
..
1954
1968
1950
Co 7s_
ABreda
27%
72
66
120% 121
A-O
j-j
M-N
.*
mtge 4y2s ser A—
Bristol-Myers Co 3s
39
74%
11
*98%
j-j
July 1970
1st mtge 4s series RR
AInc
35%
68%
60%
& Maine RR—
1st
,
85 Va
37
*97
M-N
-
.83%
75%
v
.
,
j-j
1970
1976
.'-1979
mtge
mtge
52%
H
82%
83 V 83
i
M-N
F-A
"-
73
39%
82 «/4
..
.
A-O
3%s s f debentures.—
59%
72
;
A-O
1961
1964
49
67y2
72
—
J-J
1st 3'/2S—_1951
Extension
19
37%
62%
49%
339
46
83 y4
J-J
.
1951
15
*30%
49%
112 "
66 %
45 5/4
J-J
6%
*38
63 V*
65%
J-J
1985
D
ser
1
16
27%
49%
117
58
45%
-
9%
38
51
58%
58%
57% ..58%
57%
-
M-N
1980
A
1st mtge
5%
11
95%
65%
May
10%
10%
*9
88
83%
58%
j-d
19
10
*12%
80
103
(2%% fixed
contingent interest) —
—due Dec 1 1995
14 V*
ey8
15
18 %
62
91%
58 '/2
M-S
-M-S
10%
8
87%
91
86%
*
fixed
Bush
,2006
reduced to 2.25%)
10
-
—
9
A-O
III 1968
assented
36
*9%
A-O
8s„II1950
■
•-
1958
A4yas assented
1953
Porto Alegre (City of)—
~
8s 1961 stmp pursuant to Plan A
IA Rio de Janeiro
*29%
1947
7s
AExternal sink fund gold
'
32
97
j-d
,
fxd & 1%% cont int) —1980
Creek
Boston
35
*37
128%
118'/4
102%
4
102% 102%
102 y4
M-S
Cincinnati division
Cons
__
86
J-D
122%
109
25
*102% 103%
M-N
~
1966
Beneficial Indus Loan 2'/2s debs
1959
IA Poland- (Rep of) gold 6s
A4y2s assented
92
116% 116'/4
Telephone of Pa 5s series C—1960
Beech
98
.96
MS
2.125%)
81%
69
128
127
127%
M-N
93%
2008
to
(Rep of) external 7s
ANat loan extl s f 6s 1st ser
A4y2s
A-O
1964
ref 4s
stamped
Con
96%
M-8
APeru
'
J
lien
1st
97%
2
,
1947
reduced
105
84
;
Bangor <fc Aroostook RR—
99 Va
MS
7s„
102%
78
*70%
July 1952
5%
M
series
4s
Toledo
,96%
88
1957
(State of)
104%
44
*.
K.„
S'western div
..Stamped pursuant to Plan A
-*
A-O
Bethlehem Steel Corp—
ref 3y28 series B
lAPernarabuco
r
Q-J
A4%s conv income-——
Feb 1 2010
Pgh Lake Erie & West Va—
I
Panama
1953
114
<
*"
■
1—1994
v
103
102
*78
A__
Ref & gen mtge 6%
<
38
25%
1
32%
!
A-O
1955
(Republic)—
AStamped assented 5s
Stamp mod 314 s ext to
106%
30
104 y4 104%
1963
mtge
gen
26%
2
96 Va
-A-O
1970
(Int
&
(3%%
1965
loan
extl
,
103% 104 %
and 3% contingent interest) —
1
Series G—
due Dec 1 1995
'
s
1957
sec
103%
104%
1966
4%s
unified
11%
38
♦30%
f external
Ext
A-O
July 1995
1st cons 4s
Coast
8%
'
*39 %
-
107%
422
106 y4 106%
112% 113%
A-O
July 1 1995
Series
.
1
-
103%
Charlotte Air Line Ry—
&
9%
; 5
1956
110%
22
135
106%
j-d
106'/a
101%
103
107% 108%
113%
j-d
1959
88% ;7'97%
40
101 % 101%
%
1995 y
11 %
-
—
MS
,1957
108
—_1962
4s
and 3%%
2.125%)—.2008
to
101
j-d
99
j
——1969
deb 3s_*
Topeka & Santa Fe—
9%
;
—
12
11%
50
50
A-O
) Municipal Bank extl s f 5s
Oslo (City) sink fund 4%s
s
.—
1st gold 4s
10%
'
--
MS
sink fund 414s
sink fund
4s
•
,
debentures—
conv
Ref
—1959
6%s_
Netherlands (Kingdom) 3%
Norway (Kingdom of) 4%s
;
*
99
A-O
j-d
1st mtge 4s ser A*—,
July 1975 I' A-O
1st mtge 5%
ser B (4% ; fixed
<■/■. •<
and 1% contingent int)__July 1975
A-O
Stamped pursuant to Plan A
reduced
100%
99
•99
B
~8
6
*n
m-3
1958
Stamped pursuant to Plan A
(Int reduced to 2.125%)-—2008
*Int
debentures
mortgage 3%s
•
6%s
94%
92
7%
(State)—
ASec external
100%
'
102
debentures
conv
Series
Minas Geraes
92
..i 99%
,
5v*
M" 6 %
T
II
J-J
—
1952
•76
100
General
-
6V2s
110
44;
Atlantic Refining 2%s debs
♦
■
...
(1942 agree)—1963
...
ASec
11
..
—
50
81/8
a,:
s%
_
(City of)
*
;
*8
r
1922 agreement)
ASmall
87%
94
Atlantic
11
,-a
—
'I
II
J-J
'
ass'td
-
6%
6
*5%
■
! ATreasury 6s of'1913
A6s New
1
85%
86%
92
Baltimore & Ohio RR—
(1942 agree)—1983
75
38
Atlanta
J-J
—1945
agreement)
ASmall
ass'td
8%
•"
11%
*5%
J-D
J-J
agreement)
1954'
new ass'td (1942 agree)-1968
of 1910 (assented to
A4s New
11
to
A4s
:26
99%
Stamped
3
7%
5.
*9%
*9%
1904
93 y2
92
160
A P W Products Co 5s
15%
.15%
"7%
n
"*10
___
1922
|A4s
i —1:.
11
J-J
(1942 agree) —1953
100%
'
91%
;.; 44
debentures—.
1st
;
'
80 Va
98%
100 >4
*100
105 y4 106%
Atchison
....
Large
ASmall
102%
66%
75
105%
Ann Arbor
I 4%
Large
A
100%
■I.',;
102% 102%
*69%
»
■
Q-J
1922 agree—1945
to
*105%
102%
M-8
1961
—1982
1987
1957
1973
debentures
General 4s
A5s New ass'td
to
"5
~4 %
57';,
104%
103%
36%
„
j-d
3%s
—
ASmall
.
"
„
5A5s Assented
A4s
2%s
Large
ASmall
-
11'-f *5%
;
104%
104%
♦102%
99'/4
debentures-
Q-J
due 1945
«A5s of 1899
•
'
•
*6%
INDUSTRIAL COMPANIES
AND
99% 100
96%
95%
debentures—
3s
9%
96%
Amer Tobacco Co
'
'
'J-J
1943
14
j-j
conv
102
81
5%
7
6 %
F-A
2%s
M-N
agree—1943
*
A-O
46 Va
3%s
1922
,
1986
2%s
'
small
ANew assented
100% 100%
A-O
1950
5'/aS
Mexican Irrigation—
Drainage Board
—
1975
2%s
11%
99%
1
v
10
'
90
6
82
*7
4
90
88
81%
70
85
89
*._
89%
79
—
8614
82
87%
0
.
79%
45
80
79%
«_
deductions
2%s
60
37%
5
45
93
130%
130
debentures-
52%
7
1
11
55
27%
2
91
Telephone & Telegraph Co—
debentures
,
1980
28%
i—
■p
9%
9%
44%
•
—
'''
'
>
56%
56%
15%
90
American
37
2%s
'
AExternal
:
48
33%
32%
33
16%
2%s
Credit Institute
11%
6
9%
*121
79%
j-d
-
11%
5%
11
*130%
MS
1966
Foreign Pow deb 5s
American
,
Utility-
—
A-O
A-O
Susquehanna RR 4y2s__1975
& Western 1st gtd 4s__1998
Allis-Chalmers Mfg 2s debs
1956 '
39%
-.
1
12
12
A-O
M-N
j-j
1967
16%
50
33
32%
m-3
5A7s series B
Italian
Alabama
18
Electric Co 7s
Alleghany
ig47
3%
u.
AAdrlatic
65
100%
16
36%
36%
{
RAILROAD
1952
10%
-53
3
;
*100%
36%
J-J
1%
'
65
assented
12 %
'
5%
10
8%
65
1977
Works
6
11
8%
7s
external
(City)
A4%s
104%
101%
••
■; *102
AWarsaw
.1984
1958
1958
readjustment™
extl
3%s
25
*87»/a
M-N'
j-d
F-A
j-j
F-A
F-A
1978
1978
3%
*126
M-N
1979
3%-4y«-4^s extl conv
4-4y4-4%s extl readjustment
77
*54
■ '
—
Government—
A7s
readjustment
External conversion
External
8%
*6%
•
M-N
M-N
1960
—1964
1937) —
1979
6s
3%-4-4%s ($ bond of
:
15 v,t
fund
sink
AExternal
.
*72
8s
.
91%
88 %
j-j
F-A
3%s
!
—
79
5%
45'
8
j-d
j-d
1957
1946
assented
8%
M-N
M-N
1958
*1958
extl 7s
fAUruguay (Republic) extl
AExternal sink fund 6s_
63
91%
M-S
:
*1962
1962
extl
sec
of)
(Prov
A4%s
v
55
*51
1
„
1964
_1968
^1960
extl 7S
Republic
1967
1949
7s
(Republic of)
ASllesia
b
Sydney County Council
J-J
J-J
J-J
J-J
Jan 1, 1976
~
24%
113'/a
series
external
secured
A7s
y
(Republic of)—
f $
s
12%
lu4*/a
109 y2
ki07
A8s
*•
85
38
77
*68
A-O
2012
79
55
(Kingdom) —
Serbs Croats & Slovenes
84
72 %
>
II
Stamped pursuant to Plan A
(Int reduced to 2%)
47
73
1968
78%
48
75
75
j-j
J-J
2004
loan
58
US
1959
loan
extl water
A6s extl dollar
47%
41%
'
—
High
Lew
(continued)—
(State)
Stamped pursuant to Plan A
(Int reduced to 2.25%)
82 y«
35 y2
—
80
A-O
J-J
F-A
A-O
1960
1942
1955
1962
extended to
extl 6s
6%)
External
70
43%
*47
(int reduced
Stamped assented
lADenmark
! '
80
*47
,
Paulo
,A7s
82
80
M-N
j-d
(State)—
Czechoslovakia
San
70
"47
Sold
No.
High
High
Low
No.
-
Range Since
Jan. 1
Bonds
Friday's
or
Bid &■ Asked
gale Price
Period
Low
43%
t
M-N
F-A
J-D
M-N
"
«
Last
Interest
-
New York Stock Exchange
Jan. 1
*77
A-0
J-J
A-O
A-O
Oct 1961
: A6s of 1927
Jan 1961
:
3s external s f $ bonds
1970
! A Colombia Mtge Bank 6'/2s—a
*1947
f ASinking fund 7s of 1926
1946
§ASinking fund 7s of 1927
1947
Copenhagen (City) 5s
1952
25-year gold 4%S—
—1953
ACosta Rica (Rep of) 7s
1951
Cuba (Republic of) 4%s extl
1977
'
Range Since
Bonds
/ Sold
•
(Republic of)—
^6s of 1928
i
1
& Asked
Low
Colombia
BONDS
Friday's
or
106
-
99
106
105
2
61 !/a
102
Stamped pursuant to Plan A
(Int reduced to 2.375%)—2001
AExternal sec 6y2s
Stamped pursuant to Plan A
(Int
reduced
to
2%).
A-O
1953
[F-A
2012
f-A
__
40
33%
30%
30%
35
27
40
24%
*34%
:.
40
31%
C I T Financial
Rio Grande do Sul
|A8s extl loan of 1921
1946
A-O
45
*44
.
California Elec Power 1st 3s_'^„i4_1976
46
Calif Oregon Power
Stamped pursuant to Plan A
(Int reduced to 2.5%)_
A6s external
sink fund gold
Stamped pursuant to Plan A
(Int
A 7s
reduced
external
loan
to 2%)
of
1926
reduced
2.25%)
to
(Int
*35%
41
29
35%
1968
J-D
•40
40%
35
40%
Guaranteed
gold
Guaranteed
2012
*1966
J-D
*29%
32
24%
32
m-n
*38%
*_•
39%
40
.2004
J-D
*33%
37
27
35%
>
M-N
*63
2001
M-N
*53
_1957
M-N
*62
-
:*
59
San
Paulo
8s
to
2%)
2012
M-N
*53
'
60
54%
Carolina Clinchfield & Ohio 4s
67
Carthage
34%
66
to
33%'
56%
_*
A-O
F-A
1960
1948
2.5%
1999
1950
J-J
J-J
72
41
79
95
"68
(Int reduced to 2.5%)
For footnotes see page 31.
1999
J-J
71
66
90
73
.
--
105%
41
79
1st
of
Georgia
Ry—,
mtge 4s ser A
*
,
1995
—Jan 1 2020
AGen. mtge 4'/2s ser B_—_Jan 1 2020
Central Illinois Light 3y2s_———1966
AGen
mtge 4y2s
ser
A
<•
113%
515Va
105!| 10518
1
105
103%
3
111%
3
111%
113%
105 y8 105 y8
8
105
106%
99%
137
114% 114%
k
„
j-j
May
May
A-O
13
tj!
113 Va
93%
101%
*107% .108%
106%
108 %
57%
98%
—
'
59
104%
% 101%
101
101 %
75
79%
21
55%
67%
13
37%
2
*101
...101% 101%
*77%
_2
79%
57%
59
*61 %
63
40
♦108%
62
99
103% 103%
->
.
.
104
104%
59%
98%*
F-A
j-d
...
103
94%
112% 113
—
j-d
:
(1947 issue)
99 %
102
iia% 113
114%
~
>
1981
*
99% 100
J-J
M-S
1965
401%
100
25
*103%
V
—1965
*———.I960
Corp 3s debs
Corp 3y45 debs
debs
3%s
Central
Stamped pursuant to Plan A
.
Celanese
Ry—
lACent Branch U P 1st gold 4s.
A8s external
,
& Adirondack
1st mtge gtd 4s
Celotex
(State of)—
reduced
100% 101
*i02y» 103
60
1936 stmp pursuant to Plan A
(Int
.
?
Ry—
33
*
reduced
J-J
F-A
J-D
F-A
M-S
.
deb stock (perpetual)—
27%
Stamped pursuant to Plan A
(Int
_
.1957
1970
—1955
1956
—.1951
53
*50
Il952
i
Pacific
conv
; ;
4'/2s
5s
gold 4%s
gold 4y2s
gold 4y2s_
46
*33%
A-O
1952
4%
Ry—,
25%
J-D
2.25 %)_—*2004
(Int reduced to 2.375%)
A6%s extl secured s f
National
Guaranteed
Canadian
•
,
Canadian
Guaranteed
to
iASao Paulo (City) 8s
Stamped pursuant to Plan A
—1974
gtd 5s A
1962
gold
Guaranteed
6V2s
reduced
(City of)
3l/8S_*
Southern cons
A-O
7l 1967 stmp pursuant to Plan A
A Rome
Canada
1999
Stamped pursuant to Plan A
(Int
\
Corp—
debentures
2%s
(State of)—
40%
102 Va
61 %
108
72
52
103 %
Volume 170
Number 4849
THE
COMMERCIAL &
FINANCIAL; CHRONICLE
m*m
N EW YORK BOND RECORD
RANGE FOR WEEK
,
Friday
V
BONDS
Interest
New York Siock Exchange
'r*.•
i"
;
'
''■
i
,
*
•
, Last
Sale Price
Period
*
.
mortgage 3VaS_i
Central New York Power
lit
>>1987
1874
38
Al
ser
38,%
mtge 3%s*
B_
ser
F-A
1968
gold 4Vis
F-A
M-S
M-N
1973
3-D
R
1989
J-J
"2d
consol
gold
1998
g<5ld 4s
cons
' ;
General 4s
1st
&
1st
4s>__
130%
t
;
--
99 Va
130
130%
17
30
101% V 101% 10 2 "
105%
105 ' 105%
4Vis
series
B
AGen
1st
mtge
inc
;
mtge 3%s
Chicago Gt
•AGen
111
inc
_1997
B
1st
F-A
118
Chic
mlgfe 4s
Gen
mtge
4Vis
-
&
M-N
j-j
conv
*68
67,%
mtge
1st
inc
1
.
>»'
&
V-
1994
■
1994
mtge 27/8s
ref
4 Vis
__1963
G
ser
D
1st mtge 2%s ser G
City Ice & Fuel 2%s debs
City Investing Co 4s debs
&
General
5s
1st
3 Vis
Gas
&
Gas
3s
&
f
j-d
M-N
,f
*
;
'•••••'
—
■■■
•;
*
J-J
'
57
A-O
•
i.
V
106
.:
•
:
;
45%
A-O
F-A
.
F-A
J-D
*105
-
106%
-!
A-O
104'A
...
102
I:
...
,182
'f
A-0
A—
M-S
-1
ser
B
1977
A-O
99
ser C
1972
J-D
1982
D---1
—1972
mtge 3s ser E_—
debentures
—1979
—1963
2%s
1968
§ ADeposit receipts J
A Cuba RR 1st 5s
gold—
JApeposit receipts
J-J
mtge
mtge
deposit rets
1945
2%s
2%s
A-O
-2
M-S
104
1
;.'j:
M-N
17
—...
J-J
—■
»
1
,
105 Va
10
A-O
1st
30
•'
J-J
-
4
99%
107% 107%
12
107V4
110%
6
120
124'/a
1
116
118%
10
93
1
;
80
*65
•
Feb
A-0
_ll973
1
82'
-
j-j
;91
•
103%
«
,80
5
'',86V,
6
>_
J-J
>*>
1
102
102
Apr
97
102
2
.60
?.74
13
58%
126
„
—
>>
A-O
*99 %
-
1-
-
a95 Va 401%
48%
1
—
104% 104%
V',. '
,'~7
103
\
101
•<
"
v
96
94%
f.
•y' Refunding
|
98%
"
101%
100 Va
11978
1st mtge 3s series A—
_1978
Dayton, Union. Ry 3V4s ser B—__1965
<fc Co 2%s debs—
1
1965
Deere
3
\
,
27%'2T%
31 %: 32'%
99
'
;
*
;
52
27
1
I
•'
36
79
■4
35
30
102% 102%
98%
'•
Delaware & Hudson 4s extended
Delaware .Lack & West RR Co—
Y
N
Lack
1st
&
ret
A Income
Morris
Western
M. 5s
div
ser
-
C
91%
v-.
,<79.
28
66
66%
;
33%
,.649
-
55
373
mtge
35
&
coll
tr
v
J-J
A-O
.1
M-N
95
''
*103 -■
'94%
coll
tr
I
101
,r
A-0
:.•■
M-N
102
106%
gold
J-J
1951
16
103
103
107%
'-f:
89%
89%
I'
114
77
x
L
&
N
99 Va
J-D
1963
101
ser
100%
-\
100%
V
100%
100%
102
101%
h
i'
100
*90
101 Va <103
101%
100
100'/a
94%
^.1963
B—}.
99% 101%
94%
95%
141
92%
52
102
95 Va
86
88 Va
J-J
88%
6
78
88%
92'/a
11
91
100%
98%
100%
*99% 101
J-D
*90
.
12
90%
96%
93
J-J
77
76
77
51
59
78
81%
—1893
M-N
50 Va
50 Va
1
M-N
60%
61%
12
82
7
,
25
24%
25%
101
20%
26%
70%
70%
71
62
53 %
717/s
,
J-J
7Q%
70%
71%
11
53%
71%
fV
.
A-O
61%
61%
61%
65
60%
t
M-N
J-D
,97
.
97
1
;73%
48
2%s
1979
Denver & Rio Grande West RR—
1st mtge ser A (3% fixed C
"
1% contingent int)
1993
87%
68%
.
Kanawha & MJch 1st gtd gold 4s__1990
& Light 2%s_.l976
*105%
52%
103
—f
J-D
J-J
,
69%
105%
106
104
■
v
27/8s_
V
A Income
mtge ser A
contingent int)
Denver
&
Income
I%
Salt
Lake
mtge
(3%
(4%%
1st 3s„1950
3%s series B—
•
•
A-O
I
—
>"_—-v-1961
.
3s
conv
ref
2%s
4
87
93
Apr
,
64 Va
64
65
v
51
58
67
series
I
1993
J-J
1966
M-S
—1970
J-D
1982
J-D
.,81%
*~
107"%
111
13
77%
footnotes
see
20
89%
*103
J-J
115
115
J-J
*
*25
50
J-J
99
35
99
4
A-0
1959
MS
Laclede Gas Light 4%s. conv debs—1963
Lakefront Dock & RR Terminal—
MS
*97
A-0
1964
35
98
; 100%
108
108
J-J
1961
^>>1997
102%
114Va- 115
J-J
,
104%
99%
II
179%
103
103
1 Va
—
180
179%
173
103
101% 405
1 Va
%
2
107%
123
82
107%
110
106% 107
14
104 »/a
101% 101%
4
107
M-S
1958
debentures.
81
14
98%
101%
110% 111%
72
-105%
111%
1
For
unguaranteed
Kings County El L & P 6s
Koppers Co 1st mtge 3s__
lAKreuger & Toll 5s ctfs
20
105Vi
96
103
102% 404%
100II 101%
103% 105%
fixed
contingent
;
&
4V2S
93
—
int)
Detroit Edison 3%s.series G
Gen & ref 3s series H__
Gen
93
30015
105
page
31.
107
1st
mtge sf
3%s
ser
A
.—>>>1968
k
J-D
120%
119
121%
82
j
i|
Va<v 102 % ' j I
100 Va
100 hi
105
A-0
Kentucky & Indiana Term 4%s_—1961
Stamped
:—1961
104
t
2018
■
77
79%>
-
J-D
.
—
J-J
96
*102'% 102%
A-O
,
1975
1968
Kansas City Terminal ly 2%s_'—1974
Kentucky Central gold 4s
>>—>1987
Plain
■
3
r
160
.64%
J-D
.
:
-
71
97
44
67%
*78%
A-O
J-D
»_"__^1978 '
Kansas City Southern Ry
1st mtge 4s ser A—
1st mtge
106
A-0
68 Va
101 Va 101%
67%;
Jf-fl
.
1st mortgage
,
1977
4
A-0
J-J
'
1956"
i
1
J
'
•
,
101%.lp3%
95
j
!
101%
91
A__»_1970J-J
•
•
101%
100 Va
*101%
J-D
4s
;
}
O—
mtge 4s ser D^.—_1963 "
Ry
103%
400%
100% 403
P-A
St
:f
f
102
101
P-A
fi
100
104%
*99 Va
*
J-J
J-D
series
105%
101%
100
101% 101%
J-J
"
5s
88 %
*100
P-A
——
Terminal
10-1
30
106 % 106%
89%
.403
100
*102
1951
3%s
,101%
100
.101% 102
J-J
.
1951
gold' 4s
50
J-D
..
__1951
1st
4
102 Va 103%
.
J-J
...
101
70
*101%
F-A
1
1950
-
101% 101%
103
J-J
M-N
*
3s—1951
gold 3s
*35 :
M-N
.
,403
«L_
M-B
—
3%s
and Chic
««
101
101
A-0
\
1966
1st
V
:,j
402% 406%
l'O
402%
1
,104y4
102
r
M-N
1—1973
33%
'
97
*101
J-J
Kansas City Power
3 Vis
96
69%
•
19%
3
105%,105%
I
,
1st
101 Va 102,
1931
7 Jamestown Frankl & C.lear 1st 4s__1959
Jersey Central. Pow & Lt 2%s
1976
*.
102% 105%
.
__
102%
104
■
-*105%
-*101
1973
Light 3s
mtge &
1st
"
__
division
&
127%
,
J-J
Jst gold 5s series C__—2—_1956
fAInternat Hydro-Elec deb.6s_
1944
Int Rys Cent Amer 1st 5s B.^—.1972
-
'
!
4-6s
Power
,*105%
r
May 12042
Essex
Delaware
'
mtge due™—a
&
Tr
Coll
1st
&
1963
J-D
99%
,
400 Va
-i
1981
A
.
13
i
Indiana 111 &'Iowa 1st gold 4s
».1950 "
Indianapolis Union Ry Co—
a
""
Ref & Imp 2%s ser C_^
^_1986
^International .Great Northern RR—
A 1st 6s series A—i—.1952
A
Adjustment 6s series A___July 1952
A
30 Va
29
,
81%
25%.
14
r
Ce'bt
1st ref
103 'A
43
.
Joint -1st ref 5s series A___
1st & ref 4 Vas series C_J
Illinois
93%; 95%
•"2
91 Va
297 a
..
96%
131%
.-95
.
102%
J-J
J-D
403 Va
;
-
Registered
111
v
104%
10
;
*99% 100%
68
31%
99%
v—
*127Va
9i%
F-A
A-0
,
3;VaS-;
1951
sterling.—^_^__i__1951
trpst gold 4s
—1952
;4s
^^—'———1955
jines 3V2S——1-1952
trust gold, 4s___
;_1953
3s
1955
Western Lines
103%
15
.
J-D
;
;
__
——i„1951
Springfield Div
105%
10
;■
r
Cairo Bridge gold 4s
Litchfield Div 1st gold
Gold
106 '/a
95
*
B—£«,—^—I—1978; J-D
St Louis Div & Term
113 Va
103
„
J-J
-
Louisville Div & Term gold 3%S2l953.
Div "1st gold 3s——__1951
102'A
102%
v
♦99
J-J
Omaha
101%
105%
..V
2%s series A
Debenture 4%s
-r
99%
,
6
.103
JT-fl
-
1st .gold
Collateral
ip4 v*
*32
■
|i
(404%
D
Dayton Pr <fc Lt 1st mtge 2%s
1st mortgage 3s
61
95% ,100
,
i
J-J
a
-
99'%«99 %
;V,
103 V*
3
99%
M-N
10%
100%
68%
J-J
,70%
7
6
68 Va
.
<98
62%
.
8%
—*99%
58%
58
f
80 Va
.
,94%
V_Z ■'
"
92%
75
97%
8
98
92% ,95%
*101% 102%
A-0
1969
2
:
92.
*96%
*
"
95Va
92
80
Feb
••
96
95%:
J-J
3s
Purchased
104 Va
102%
3
gold
Refunding
106%
; xoi
13
'
J-D
16
95 Va
J-J
-—1961A
i_
B_-_
3%s
gold
Collateral
105'/a
103%
99
94%
J-D
1975
~
____^_1978
3s series
Extended
-!
'
ipi%
101%
'
'*44%*"46
.V 31% "31% "
81% " bl'Va""''
,.-V
1st
;> 104 /: ,.107'/a
i 104
,106'A
.
101% "
" 103
—
|
I
|
104%.
88%
96
RR—
series
3Dlinois Central RR—
1st gold 4s—
.
106
103% 104'A
94 Vi
J-D
|
4
59
101%
'
106%
102%
,,100%
289
"103
105
88'.8
V
95%
__195»
*
;f
I:
111% 112 Va
112
J-J
1946
R__-
ser
Bay -&
Illinois Bell Telep
.
loeva loeva
J-D
65 V,
118 Va 118 Va
;
Hackensack Water 1st mtge 2%si._1976
100
.
,103%
*105Va. 105%
J-J
SAfis series B deposit
receipts
'/C', 5'
101% 101%;.:.
M-N
104%
103 Va
45%
63
123% 124'/a
J-J
1st 'mortgage. 3s
101.%. 105
■"
;;102
98%
53%
*103
"•
O
s2000
ser P_———1982
ser Q
2010
ser
u
'101
J-D
1952
T
io6j4
"105% 105%',
"102
„
102%
101%
7
%-
;.106%
98JA :105Va
98
16
;
„
York—
102
108
39% »„53
»104 Vt 104%
*102
•
:
—
J-J
99
102
.102% 102%
J-J
Hocking Valley Ry 1st .4% 8—
1999
^Household Finance Corp 2%s__i__1970
Hudsoh Coal 1st s f 5s series Ai__1962
HudsoP & Manhattan dst 5s A_i—1957
AAdj Income 5s
Feb 1957
1101%
104%
*105 % 103'A
,
*■
87%
H
•
107 lA
96
14
i 21
-
106% 107
F-A
3Vis——1965
88 Va
1990
ser
v.3s debentures
87%
' : "'108Va 108 Va N"
—
79 Va
99'
—
52
M-N
62'/a
.t
5
53
*103 Va "
US
1951
M-S
*
N
mtge
3 '/as
-
,
104% .107%
F-A
"Moevi
ser
A
■>
77
,
104 'A 105
M-S
89%
4f %
Z
68%
..
50
!?97% lOO Va'
r
>4
99%
t
rGulf States ytil 1st M 2%s______1976
y
106. J06%
...105 ..105%.
;
104 V4
mtge 2%s
§A7Vis series
—
407.% 107%
53
■:
mtge 2%s
.
54%
.
'
;3
f ;
105 '/a
M-S
Consumers Power 1st mtge 2%s
1975
Continental Baking 3's debs
—1963
Crucible Steel 1st mtge 3Vis
-1966
i A Cuba Northern Ry 1st 5Vis
1942
v-
,
101% ;ihi%
i
72
95%
81%
*103%
53%
86'A
v
y
./>,95 i':r 96.%
107%
M-N
1961
Consolidated"Natural Gas
,
2
4
r
-
21
ref
ref
¥78%
.
New
1st & ref mtge 2%s
conv
,
:-.-t
■
106% 107.
.
'
—
M-N
,Gen mtge inc 5s sersA
July 2015
1st & ref 3^/48 seris 'D—
^_1969 -|
,s(Gen mtge inc 4s ser B——Jap 2044
' Collateral trust 3%s_—
.1968 -
<
96
,65%
-.98
'. .57
:
57
/
;.;59%
58
„
r
r
v!lst &-ref 4s
83%
,14
105%
80
103% 103%
:
..
J-J
Greyhound Corp 3s debs
102%
88
71 Va
5
106%
82
*99%
v
*
J-J
West deb ctfs
V' ADebentures-ctfs
Bi—
111
99
,
v..-, y
A-O
—1978
V
B—
series
„
•
103
-
1067/«
.
—
'■<; t5-•
.
F-A
1st &
1st'&
>>
-*
ref
3s
iioo
92
'•.....77
_i
j-d
—1977
of
series
4%s
,Geiv ibtge 3'As
;-Gen mtge 2%s
,
102V4l02y4
..70.%~
'1
57
A-O
El
Cigar Corp
5Vas
%
'
99
V 58
A-O
1999
ref 3& series
;
110% 110%
.
*102%
71 Va
&
1st &
f:
*102 >/a
;
4. -4
A-O
3 Vis.—1970
1st extl 4s
1958
Consolidated Edison
,v
.
"v.:
,
1st
.
13
1
103
91
97 Va
149
105
101 Va
*—.105%
J-J
106%
--
j-j
__1974
Ohio
¥-N
J-D
1976
104%
-
■
*95
j-j
1973
1961
_al959.
1973
102%
;
1971
debentures
Consolidated
*
72%
:
t Conn Ry & L 1st & ref 4Vis
Conn River Pwr s f 3%s A
t
80
65
12
1
__
~
...
_1952
,.101%
34
..
i
•
62%
97 Va
*—
81%-
D_
Gen
♦
103%
-60%
—
—
General
A Green
V
1980
1st mtge 3s
series L.
1 1st mtge 3s series N
s
"General
103 Va
Commonwealth Edison Co—
3s
■
106%
*83, j
--1874
Toledo
70%
'
1
M-S
%
1964
debentures
of
Great,Northern Ry Co—
101
V
debentures
Columbus
,
1st mtge
3s
.
•'*"
Electric Corp—
debentures
Columbus & Sou
98%
,
„
v 102%
.102% 103
113%
147%
11
M-S
1
;.103
110%
1991
j.
M-S
,_1971
'
^Certificates
6
•
>>
F-A
1977
—1953
3%s
General Realty & Utilities Corp—
,A4s conv ihc debs
—C_i—1969
.Goodrich (B F) Co 1st mtge 2%s_1965
.
100,102
13
System, Inc—
'
3 Vis
67 Va
110%
6
*101
J-J
—_1956
Ry—
debentures
Columbia
J-J ">
1973
Corp—
Columbia
-
1977
tr 4s
1st mtge
Gulf Mobile & Ohio
A-O
j-d
1972
_J_2000
t._
,102'A ,104
:
9 ;
.104% 104%
F-A
1982
J-J
M-S
104% 105Va
102%
j-d
>-1970
4Vis (stamped modified)
Colorado Fuel & Iron
1st mtge &.C011
.
107%
88%
'
102%
103
61%
A-0
1990
mtge 2s ser,H
Div
5 103% 103%
.
,
1990
j
Southern
6
100
110% 110%
—
J-J
1964
'
deposit
k:.
mtge 4 Vis series C
<fc
.:">,
RR—
1st mtge 5s series B
Colorado
\
:
1993
B_.
& Pittsburgh
91 Va
.
,,
*'
71%-
67
f
Louis Ry—
1st mtge 5 Vis series A_j
1
J-J*
M-S
Series D 3 Vis gtd
1
i_1950
Cleve Short Line 1st
gtd 4Vis
1961
Cleveland Union Terminals Co—
:
67
1961
Cleveland Electric Ulum 3s
»1st mortgage 3s
Cleveland
j-j
1966
Ref & impt 4Vis series E
Cin Wab & JMich Div
1st 4s
St Louis Div. 1st
coll trust 4s
^
—71%
71%
1993
series
.105
--
1
,46% ; 59%
136
100% 100%
100%
49%
*105 Va 105%
General 5s series C___
100%
j-j
1974
.
gold 4s
General
-
St
98%
*102% 103 Va
,
1;
j-j
1st iptge 2%s
1975
mortgage 27/8s_—
—1978
Cincinnati Union Terminal—
-1st mtge gtd 3%s
series E
>.1969
Chic
5
Jan 2015
Francisco Sugar coll trust 6s
103%
' 86 Va
'
—
46
*150
—
103%
1st & ref 5? series A______„_il974
Gen
1952
4s
,
1st
Cin
87 V,
'--97%
>>
J-J
Cine Gas & Elec
Cleve
'
97 Va
1
,
38% '- 54
f
'112
104%.104%
98%
V."";
j-d
1962
conv
series
A
;48%„65
219
;
""i
A
ser
„i Firestone Tire & Rub 3s debs
V tFlorida East Coast 1st 4%s_
,,
1963
Wcst'n Indiana
1st &
48
cons
Gen
mtge 3 Vis series F
1st
Chic &
4-7 V*
.96
,
'
104%
Station—
1st
60 Va
.51
:
91
j-d
2%-4Vis'
33
,
1-1951
2% -4 Vis
Chicago Union
/!,-.■
j-d
—_
ref
-
49 Va
\
Apr
ser
1st
,:Ohio
-
A__Jan 2019
Gold 3Vis
Income
47 Va
j-j
Memphis Div 1st gold 4s
1981
Chic Terre Haut'. '% S'eastern
Ry—
1st
;
■
:
46%
inc 4%s
mtge
1st cons mtge 3%s ser E
1st cons mtge 3Vas ser F
list cons mtge 3VaS ser G
; 8i% l94'A
.15
58%'
-57%
49
j.j
New Orleans 5s___ 1951
&
58%
99 %
89%
4
49
102
;.. 77Va
V
45%
3
:
87%
'87
"
.56%
,
24
26
86%
98 Va
;
Apr
29
5
"
49
110%
'
'
A-O
Gen
75
75
"39
86%
;
t
i
1989
Pacific Ry—
—1994
4 Vis
conv
Chicago St L
"Ry—'
4 Vis—Jan 11999
Island &
1st mtge 4s series A
mtge
Apr
,.40
71
96 Va 405%
Erie Railroad Co—
120%
•
J-J
1965
46%
67
M-N
1995
A-O
1
Apr
B
Chicago Rock
Gen
A__Jan 1 2019
ser
_J
32Va
1956
1965
100
118
50 % *
39
(
j-j
Western
ser
j-j
94%
—
„
73 V4
64%
3
88%
High
65
102
—
MS
101%
,68
'
2
100 Va 100'A
—
P-A
El Paso & Southwestern. 1st 5s
5s stamped
U1V4
98 Va
__
50
-
j-j
1994
B
ser
conv
mtge 3s
j-j ;, v
108 Va
79
67Va
50
j-j
-Jan 12044
4Vis inc
inc
2
69 Va
78
100%
J-J
Jan. 1
Low
22
70
88%
-
—
J-J
73
101V2 101%
—
M-S
1961
Elgin Joliet &: Eastern Ry 3%8—1970
112Va
16
d£bs_____
2.35s
East Tenn Va & Ga Diy 1st 5s
Ed El 111 (NY) 1st cons gold 5s
113 V*
109%
22
-34
*120% "
79
RR—
A__—_
ser
Chicago & North
2nd
Pac
&
33%
Af-N
1982
1988
Southern 48—1956
Milw St Paul
1st
r
107-Va
' 109 Va
„
99% 100
33 Va
-1985
5s
4s series A;
mtge 4%s—Jan 12038
Chicago Indiana
*99%
99 7 a
Chemical
4§ ADul,So Shore & Ati gold 5s„-„1937
Duqbesne Light Co 2%s__——1977"
-125
11
109 Va 109%
•'
~
j-j
Louisville Ry—
mtge 4s inc ser A
Jan 1983
mtge 4 Vis inc ser A
Jan 2003
A 1st
A 2d
;
—
63 %
70
Range Since
Sold
No.
103Va
..
104 Vi
—
RR—
conv, 5s
ser
West
109 Va
F-A
,.1970
Chicago Ind &
V
r
J-D
M-N
tBonds
High
103 Va
97
12
Friday's
130%.
97
15
111% 112
--
F-A
1-1983
Chicago & Erie 1st gold
f
j-j
>>1977
ref mtge 3 Vis
&,ref mtge 2%s:
Chicago & Eastern
or
Bid & Asked
—
Dow
102
122%
—
*113'a
J-D
Detroit Term & Tunnel 4%s__1
1961
JDet Tol & Iropton RR 2%s ser B__1976
105'A
..4OO
—
—*122'/a 124
J. J
1958
-
ref
Week's Range
,„,§ale Price
Detroit & Mack 1st lien gold 4s
1993
A Second
gold 4s
;
__^_1995
102
103
—
102 Va
.101 Va 101%
'
—
F-A
..1989
&
1st
Period
Low
Chicago Burlington & Quincy RR—
*
<
High
,
.
1
Friday
,,,
p,ast
-Interest
.
New York Stock Exchange
38% \ 40 Va
102Va,lQ5%
/ ,20'"
—
"*101%
1993
1st
277
v105
J-J
1996
Div
Low
4
.
&
A
40 Va
*102%
1965
;
:
Ref
&
BONDS
Jan. 1
No.
4p5%;105%
Impt M 3 Vis series D
& impt M 3Vis series E
Ref & imp M 3 Yes series H
Ref
Range Since
gold
,.
High
38%
A-O
1974
Champion Paper & Fibre deb 3s
Chesapeake & Ohio Ry—
General
J-J
Ry Co—
^ 1st & ref 3%s
Bonds
;
Gen
Central Pacific
Low
'
•
Friday's
or
Bi? & Asked
1S
v.
*
Central RR Co of N J—
ENDED OCTOBER 21
Week's Range
v
•TO
RECORD
NEW YORK BOND
OCTOBER 21
*;OR WEEK ENDED
RANGE
Moifday, October -24;-1949
j..
FINANCIAL CHRONICLE
&
COMMERCIAL'
THE
(1618)
Week's Range
Friday
Week's Range
Friday
BONDS
reriad
New York Stock Exchange
Sale Price
1997
1997
Lautaro
A 1st
DM
j-d
89
*»_.
—
mtge Income
reg
93%
93 YB
93%
/•
A-O
92%
92%
81
73
81
„
65
66
67%
67%
1
143
-
|
* 93
(
72 Ye
*
34 YB
34%
30
41 Vi
34 Ya
34 Yb
34 Vb
6
30
40
37%
91
32
46Vi
__
31
42 Vi
35
at) "/a
50
52 Vi
2003
registered
stamped modified
6s
Gen cons mtge 4s ser A
4 Vis
series B
series C
5s
m-m
41 YB
—
A 4s series D w 1
2003
A4Vis series E wl
2008
A5s series F wl
2003
41V4
29
51
12
•
■
31 Ya
_
A Lombard
1903
1961
1963
r-A
Lorlllard
(P) Co deb 6s
3s
debentures
Louisville Gas A Elec 3%«
Prior
106'A
105 V*
103%
108 Ye
A ret
M
3%b series P.
3003
A-O
M-W '
gold 3s
Atl Knox A Cine Dlv
'
m-m
6
76%
2
97%
100%
1
897/b
1
89%
93 Ya
A
108 Vi
*108
—
107%
..
84
.
1st
<
I
4 %s
trust
1st
J
^ * 00 3%S deks.
_197a
t Maine Central RR 4 Vis ser A
1st mtge A con 4s ser B
1999
1st mtge 2YbS
mtge 3s
i
debs„___Zl972
May Dept Stores 2%.
Mead
.
Corp 1st mtge 3s
t H?t£opolltax\ Kdlson
*
1949
mtge 2%S-1974
87
54%
•50Y4
M-I
85
61
"5
I'D
•lOOYa
M-M
100%
97
•103%
103
,100% 103%
Michigan Bell Telephone Co—
3 Vis
A'
1st
■
debentures
iom
103 YB
107
100
10
106% 106%'
A-O
100
......
___
ZZZZZlJB
4%» series C
&
a
1979
Michigan Cons Gas 1st mtge 3Vis_1969
1st mtge 27/4s
1969
1st mtge 3 %s
.1969
3"Vis
s
-
f
debentures
1967
ISA Midland of N J 1st ext.
Minnesota
Minn
5s__IIIl94o
Mining A Mfg 2%s
St Paul A dauit
..1967
Jan 1971
A Gen
Missouri-Kansas-Texas
D
103
103
-
103
1st
,2
79
87
41
66%
74%
48
49
69%
71 Yb
49
J-J
76
75%
77
J-J
64
64
64
:■>
62%
64
13
68%
V-A
50
M-M
•88%
_H>70
M-W
II1949
M-M
25V4
i960
A-O
88%"
.1931
r-A
88 Yb
1st A ref 5s series I
1
Monongahela Ry 3 Vis series
>
1991
B
>
{
86%
REELS'ST*lB?gtd 3*a—*>00
; Constr M 5s series A
igsa
M 4%s series B
Il960
Mountain States Tel A Tel
2%s__19ff
3 Vis debentures
.1978
89%
-
89%
37 Ya
51
211
75 Yb
89 Ya
i
75 Yb
89 3/b
i
20 Yb
/ 75%
27 Yb
,r
75%
89%
50 Yb
62 3/4
'
26%
426
88 Yb
89 Yb
b2
89
88
56
1
.
t
102 Ya 102
Ya
Vi
1
90
J-D
73 YB
-'54
54%
M-M
54%
-
A-O
—
29
series
69
97 Yb
i
,
2
A
ret 2Vis
ref
ref M
1987
1978
National
Dairy Preducts 2%s debs
debentures
3s
Naugatuck RR
1st
J-D
1970
102
102
50% "•58%
81 Ya
<
f
65
75%
I960
98
t
105 Y.
|:
1967
J-D
M-M
1st
gtd 4%s
series
B
1901'
3s debentures
?
105 7/«
A-O
IIIIIII I1974
Telephone 3%sIIIIl980
Pere
1037/b
105%
Phila
98 Vi
100%
f; New Jersey Bell
I' N J Junction RR gtd 1st 4s
1980
/'New
Jersey Power A Light 3s
New Orleans Orpot Vnr Rq 4
v
New Orleans &
■
.
Northeastern
Ref & Imp 4Yas
New
Orleans
1st
4s_.___1953
.
A
deposit_IIII~~
Certificates of
1st 5s series C
100
100
w,
V
102%
102
4V2S series D
93%
1st
A
ref
2Vis
1st
A
ref
1st
A
ref
2%s
105V4
102Y4
9
100 y4
t§ A Philippine
88
Phillips
98
93
A-O
96%
93
1954
88 Ya
94%
series
97%
impt 4VaS series
Ref A
Lake
Mich
coll
967/8
97%
46
92
99 Vi
95
114
50
61%
r
Pittsb
Cent
cill
3V2s
.
.....
gold
54
53%
54V4
A-O
57 YB
57 YS
58
103
52
66%
\
€2%
62 Yb
63 YB
146
59%
73
|
'
IIIII1997
registered
F-A
3Vis
1998
J-J
J-J
r-A
1998
r-A
7
68V4
81%
73
11
64Vi
75
54 Yt
547/a
52
61
!
50
56%
'
50 Va
60 YB
*51
r-A
]998
54%
77
77
54
54
8
52
45
54 Ya
49 YB
52
r-A
•51
1980
J-D
99
1st mtge 3s
1986
A-O
94
94
5
90 Ya
A-O
90 Vi..
91
8
85%
92 Y*
lOOYa 101
4
99%
101 Vb
3%is
registered
New York
N Y
...
series F
Y Dock
Y & Harlem gold 3 Vis
1st gold
4s__.
1951
W-A
2000
M-M
Mtge 4s series A
...2043
J-J
Mtge 4s series B
2043
i-j
For
lootnotes see
mge 31.
1975
-3%s series E
1975
A Chem 1st mtge 3 Yas_1964
5s
17
99 Vi
'
90 Ya
100 YB
1965
debentures
91%
15
100
100
99 Ya
101%
7
j
/
99%
-97,
)
107
*
A
t
,1- j
,
?*•
' '•
_
CJ
V
7
V 10 YB
16%
6
100 3/a
105%
27
96
101
f/r' n
95
101
—V
'■■■■■
105%
103%
j
100
90%
100
V
-
1053/4
102 Ya
105 5/b »»
101%
105 %
105
105 YB
105Y8
40
101 Ya
—
101%
5s series C
gen
4%s
Potomac
Co
series D
5%'s
Elec
debs
inc
Pwr 1st mtge
1st
mortgage
3 Yis__
1st
mortgage
3s
1st
mortgage 2%s
Providence
Terminal
4s
,
'
♦104Va 105 Yb
102% 102%
'
-
102%
103 Vi
— -
104 Yb
93 Yb
26
95Vi
4
100%
105%
106% 108%
4
103
107
104 Ya
5
100 Va
105 Yb
101
101
104 Yb
104 Vi
99 Ya
99 Ye
104 Vi
1063/4
1964
3Y4s__1966
1977
1983
1984
.1956
(
1023/b
105
t
100%
101 Ya 102
102
;
105%
103 Va
_
104 Yb
•104
98%
f '■.
♦104% 105 Vi
105Vi
100 V4
13
r'
}
105Va!t
95
••'''•'••:4V,
lOOYa 100 Va
104
•100
,
"
4'^
v?
;
—
<11
—
52
77%
102
104 Ya
103 Ya
50
74 Ya
69%
-•
103
:
103%-
6
99%
103 Ya
5
1003/i
104% Y
113% 1133/4
113%
9
113 Ya
116
■
96 Ya
'
37
'
85Ya
101 Yb..
88 Yb
21
84 Ya
9 8 Va
102
78%
30
115% 116s/8
27
77%
173/4
12%
105
105
101 Ya
F-A
M-M 1
101%
lllV'4 114
87
75
119
106%
171
3
15
28
10
173/4
■
103 Ya
96
105
103%
lllVi
1163/4
107% 107%
J-D
ML-M
103
9
106 3/a
40
104 y4
106 Yb
99%
♦102% 104
103
103%
100 Vi
102% 103
M-W
*
J-D
F-A
S9 Yb
102 Yb
99
103
104V4
*8 Yb
100
7 Ya
100
103
103 3/b
103
102 Yb
104%
lOVk
7%
—
103 Ya 103%
F-A
101 Yb
8 3/4
8%
8%
J-J
*
110
105 YB 105 Vi
105 Vi
'
61 %
50
60
*58 Ya
167'a
J-J
;
101%
110
78 Ya
W-A
J-J
35
110
99% 100%
99V4
1165/B
887/b
86V4
87
106YB
96%
41
95 YB
;
94%
87
101% 101%
Y 95 Yb
J-J
J-D
104 Ya
103 3/b
103
103 3/b
16
10
10
101 Yb
104
97
100
^
*
J-J
J-J
F-A
J-J
M-M
W-W
—
107%
103 Ya
1053/4
103 Yb
..
103%
"111
99
111
29
108 Ya
113%
111
111
1
109%
114 Ya
Y 99
100
30
99 Yb
99 Yb
99 Ya
76YB'
76YB
77
♦__
96%
107
4
97
108
13
75
89
99%
100
100
'
'
101 Yb
100%
103
100'/a
13
97 Yb
103
11
81 Yb
•85
85 Ya
86 Ya
81
92
•85
86 Ya
80 3/b
92
108 Ya 108 Ye
107%
109
*103
J-J
J-D
A-O
103 Ya
*104 Yb
F-A
M-M
J-D
A-O
A-O \
M-W
105
*102Ya 108
J-D
M-M
F-A
F-A
J-D
J-D
5s series B
gen
Pittston
;
102%
11
41
1.
103
1962
1974
1977
gen
1st
A
107
20
103
A-O
4Yas
.V.
.
106
105 Ya
♦104 Yb
series C
1960
Youngstown A Ashtabula Ry—
mtge
'
105
•••'•
„
A-O
1st
1
107
105 Ya 105%
Steel 1st mtge 4Y4s_-1_1958
Pittsburgh A West Virginia Ry—
1st mtge 4Y2s series A
1958
1st mtge 4Y2s series B
1950
1st
'
95
100
•100
*__
94%
B
series
1st
Connecting RR 2%s series B..1975
N
mtge
Coke
3 Yts
Pitts
Chicago A St Louis—
N
,*
t
58
..1998
Ref mtge 3Y4s series E
v
mtge
Pittsburgh
72Ys
77
102
98 Ya
—*-
105 Ya
lOOYa 1007/b
-99% 100%;
,
.i
Pittsburgh Consolidation Coal—
Gen
A-O
1997
gold
Petroleum
94 Ya
2013
A
registered
Shore
3 Vis
f 4s
85 Yb
River RR—
General mtge 3%s
3Y2s
s
10
2013
impt 5s series C
Y Central & Hudson
1st
93 5/s
Gen
1993
H
-
YioS Va
•
of deposit
93
A__
Ref A
N
Ry
93%
deposit_II_.il
;
ACertificates of deposit.
4s
:
2Vis debs
1964
Pittsburg Bessemer A L Erie 2%s__l996
Pgh Cine Chic & St Louis Ry—
Cons gtd 4 series F
1953
Cons gtd 4s series G
1957
Cons gtd 4s series H
—1960
Cons gtd 4%s series I
1963
Cons gtd 4Y2s series J
1964
Pgh Cine Chic & St Louis RR—
Gen
mtge 5s series A
1970
104
8
«89%
i^A
1971
1967
1974
1981
1978
1937
2Vis
:
75
93%
"l
1977
1961
2Vis
107Va
102Vi
93
1974
series B
5s
gold 4Y2s series C
ref 2Vis
105%
93
Y'/T
•
Bait A Wash RR Co-
ref
103 Yb
_
1956
1st 5V2S series A
Cons
1980
Philadelphia Co coll tr 4Ybs
Philadelphia Electric Co—
New York Central RR Co—
»
1974
A
6
93%
'
i
105 YB
105 Yb 105%
A-O
Apr
Apr 1990
General
,
A-O
Y'
105
;W
Ry 3Vis ser D
A
Ya
103 Ya 103
j-j
/
,
'
J-J
A-O
1960
Union Ry 5Y2s
1st
*
-
1963
4s ext
4s
1st
98
100
deposltlllllll
ACertificates of
A
j-j
:
107
•
Pekin
A
105 YB
75
*'T
A-O
1985
Marquette
1043/B
103 y4
1955
ACertificates of
A 1st
•75
•
99%
•104% 105 Yb
F-A
1981
debentures
ACertificates
TNew Orleans Texas & Mexico
Ry—
.
A 1st 5s series B
1954
A
r-A
■
A-O
1084
1.1952
series F
Eastern
A
103Vi
14
107 V* 107 Yb
1974
1988
.1952
gtd
j-j
*
lOOYa
Y J-D
-r' J-D
" A-O
1968
General
RRll
Sc. ies
Term
m-m
993/4
17
v-
J-D
1965
series E
3Yss
103
11
Ys
104 Ya 105
■
'• 2
i
M-M
'
1.1960
B
3Vis
A Income
118
117
10
104 % 104 %
104%
>
103%
"13%
;
series
4Vis
deb
mtge
Peoria
105
1,013/4 102
1173/e 1173/B
M-M
ig8«
3s debentures
•
RR—
5s
conv
102Y4
—
95
95 Yb
98%
>
•
•
A-O /
.1975
.1965
3s._
mtge
Peoria
99Vi
9
100% 100 Ya
■*101%
89 YB
104
104 Va 105
•
95
81
44
•
1960
General 4Y4s series D
103 YB
19
88 Ya
•ldlVi
'
1952
General
17
"
88
.83
i:
*88 Ya
101 Vi 101%
■
•"
I
-
sinking fund 4YaS
4Y2s series A
Cons
19
102
♦105
A-O
1954
gold 4s
J-D
J-J
1964
1955
4YaS
f debentures
General
New England Tel & Tel Co—
^
f gold
s
trust ctfs.^
series E
Pennsylvania
i-.-
i:.
91
83
1053/4 105%
J-D
A-O
National Steel Corp 1st mtge 3s
National Supply 2Vis debs
i
1970
1st
111
A
1st mtge
3s s
-
3s
3%s~debsll974
Nat'! Distillers Products
1983
debentures
Western Oil 3YaS debs
Gen
•
1986
Peoples Gas Light A Coke Co—
90
r
t--
Pennsylvania Power A Light Co—
•
N
•86%
''
61 Ya
72 Ya
7. V
•102 Ya
_r
J-D **'
J-D <
J-D '
J-D
J-D
J-D ;
J-D >:
A-O
A-O
/ M-M];h
M-h
1985
debentures
Gtd 4s
V
*
3 Yas ser R
debentures
Gen
W-A
54
—
29
*106% 107
J-D
J-D
J-D
1980
1982
1983
series Q
2%s
debentures
Conv
Nashville Chattannnvs & 8t Louis—
1st mtge 3s series B..u,
1980
—
■
.
100 Yb 101
100 Yb
\
.
J-D
.1981
series P
Pennsylvania Glass Sand 3%s
■;
100 Yb
*104% 1053/8
•
1979
1977
t.
N
Pennsylvania Co—
104%
70
8
25
67%
97 Yb
V
M-M
M-M
—
73 Ya
.72%
>
64 Vi
*
51
81 Ya
88 Ya
•
J-D
J-D
A-O
1971
1974
3Y4S
i
102%
'
101%
6
■,
88 Vi
88 Vi
*
Pennsylvania-Central Airlines—
A3Yas conv income debentures__l960
-
102%
1
106%
943/4
56 Ya
19
60Ya
,
79 Ya
1
1966
series M
ref 3s
Pacific
101
1
101 Vi 101
'
♦57
80 Vi
M-J
11978
1979
A—1960
L
series
3s
ref 3s
tPaducah
'
,
,
-
3Yes
/
75 V2
88 Yb
lolvi
M-M
103 V4
i
1970
A
2%s
t
725
56
r-A
1958
89 Yb
4
'/■
25
/
M-J
.1960
1st gtd 4s
f Morrell (John) & Co 3s debs
70 Ya
"1
89
88
;
51
88 Ya
j
,
'
Pacific
80 Ya
59
57
88 Ya
49
88 3/b
m-m r
1977
Mohawk A Malone
*
ref
A
3Yes
1863
i
;■>.
59
77
107%
97
....
—*i. '
1st A ref M 3s ser 3
A
Tel A Tel 2Vis debs...
'
67
105
' '
...
Q-F
K
series
3s
1st A
1
69%
62%
1973
series G
85%
61
67%
112 Ya
103 Ya 104
Q*1
J-J
J-J
J-J
2047
series I
3Y2S
ref
A
1st A
70
A-O
131 Ya
111
62%
*
27
J-J
128
Co—
1st
j
7
:U\
ref
Electric
1st
X
Y
53%
69%
A
1st A
Y
82%
82%
J-J
1st
.1
;■■■• i
62
101%
•48
A-O
49
lilt
f A Conv gold 5Y2s ser A*
1st A ref gold 6s series H
i
48%
*-r*
10
— *•
♦104 Ya
—
85
72
Ya
130 Ya 130
99
1st A ref 3s series J
(
,
A
A
105 Yb
Gas
1st A
.;
105% "j
105
1963
A_.
Pacific RR Co—
1st A ref 5s series A
ref 5s
3s
mortgage
Pacific
102%
105
105
105
J-D
1990
General 4s
A 1st A ref 58 series
F
A
—
•102% 105 Vi
M-M
109 Yb
15
77
,
f
lUb%
100
98
•99 Ya
M-M
j.j
105 Ya
106 Yb
*
81
66
105Yb
J-J
Jan 1991
A
A 1st
11
18
♦JiCum adjUBt 68 8erles A—Jsn 1967
{Missouri
A
"i
101 Ya
102%
99 %
75%
75%
M-M
RR—
40-year 4s series B
Prior lien 4Vis series
,
..
108 V* 108 %
J-J
1903
mtge 4s lnc ser A
Mo Kansas A Texas 1st 4s
<
•101%
M-M
106%
2
•111
;
75
97 Ya
103 Yb
3
105
75
2/
101 Vi
f
Mane—
oie
1st mtge 4%a lnc ser A
Prior lien 5s series
~
62
106%
61
1979
Oregon-Washington RR 3s ser
•99 Ya
_1001
—
14
105
96 Yb
—
mortgage 3 Y»s
1st
Michigan Central—
Jack Lans A Sag 3Vis
1st gold 3 Vis
35
14
—
106 Vi
130 Ya
ttOgdensburg A Lake Champlaln-Ry—^ *:&*>.a
■r
5 A 1st guaranteed . 48_.___
..1948 - J-J
Ohio Edison, 1st mtge 3s
:—:
..1974 M-J
1st mtge 2Vis
1975
A-O
: Oklahoma Gas A Electric 2Vis_
1975
F-A
61"
100 Ys
46%
28
—
—
— •
■
100% 100 Yt
I-J
73Vi
—
A-O
A-O
M-9
M-M
33
6
O
91%
?
5
100Vi 101 Yb
77
107Vi
—
14
*107%
98%
96
34
—
63%
104 Yb
39
14
*63 Ye
W-A
I-J
M-J
95
86
87 Ye
•
39
*._
14
——
102 YB
71%
■65
87%
•86
87 Ys
m-m
2
65%
65 Ya
65 Ya
I-D
96Vb
104% 104%
——<
5
101%
50
57 Ya
61
Telephone—
3Ybs debentures
J-D
1994
-Manatl Sugar 4s sink fund__Feb 11907
' Manila RR
(Southern Lines) 4ft_..19M
2Ya
98 YB
*98 Ya
F-A * '• ••
_.1975 / ..A-O
.1978
J-J
V
1977
A-O .
1979 : M-M
1
Northwestern' Bell
100%
2
14
•55
I-J
11 VB
6%
9
3%
99
"
102 Ya
46
8%
3%
101 Vi 101%
8Ya
M-M
J-J
r-A
W-A
M-M
1975
3s
mtge
(Wise)
•
103%
.^.1974
2Vis
mtge
1st
101 Ya
Co—
Power
1st-mtge 23/bs
4
M
7
101 Ya 102
Q-J
-
States
(Minn)
.
48 Yb
101%
Q-J
2047
2047
2047
2047
impt 5s series D
Northern
'
109 V*
A
Coll
8
99 Yb
"
1
Jan
3s
4Y2s series A
impt 5s series C
Impt
Ref A
I
95
92 Yb
89%
A-O
80'/b
"99 Yb
SO3/*
St
Louis Dlv 2d
87%
92%
80 Ya
A-O
1st A ref M 2%s series G
1st A ref M 3%a ser H
lien
registered
A
Ref
33 Ya
1997
■
Louisville A Nashville RR—
1st
General
'
—
>:
—
56
356
1997
4s.
lien
3s
213
40%
Pacific Railway—
registered
Ref
61%
39 YB
J-J
J-J
1974
4Y2S series A
ref
&
4s
108 Va
102 Vi
Gen
50 Va
9
103 Ya 103 Vi
m-m
103 Ys
26%
9
104 Ya 105
103%
M-J
1979
Northern
18
106 Vi 107
——
108 Ys
..
—
106V4
74%
123 *?e
106 Y«
10
Ya
102 Yb
— -Br
A-O
61
120
--
106 Vi 106
'
♦
M-W
1969
1st A ret mtge 3s
1
•'
35
103
J-D
7s series A
♦122
A-O
A-O
32%
32
11
74 Yb
72%
72%
A-O
29 Vi
30
2
60
27
.-
34 Yb
34 Yb
—
—
„
56
—
33
27Vi
273/b
27%
.
Lehigh Valley Terminal Ry ezt 6s_198l
Lexington A Eastern Ry 1st 5s
1969
Liggett A Myers Tobacco 6s
1951
Little Miami gen 4s series A
1903
Electric
56
54
II
•58
2003
1
42
50s/a
41 Yb
2003
2008
1
w
1
w
w
*
m-m
.2003
4 Va-s
37%
373A
m-M
593/8
39%
A-O
'
1977
1963
IN Y Susquehanna A Western RR—
§ A 1st refunding 5s
1937
§A2cl gold 4%s
1937
g A General gold 5s
1940
gATerminal 1st gold 5s
1943
N Y Telephone 2Vis ser D
1982
Ref mtge 3 Yas ser E
1978
Ref mtge 3s series F
1981
Niagara Falls Power 3Y2S
1966
Norfolk Southern
Ry Co.—
AGen mtge 5s conv lnc
2014
Norfolk A Western Ry 1st gold 4s_1990
Northern Central gen A ref 5s
1974
1st 3YaS
Corp
69%
61 Ya
J-D
^
Elec A Gas 2Vis
Y Steam
81
M-M
M-A
-
.-1955
1st mtge 2Y4s_1975
Putnam 1st cons gtd 4s
1993
N Y State
N
34 Ya
June 1992
Power & Light
Y A
N
70Vi
60
M-M
2003
registered
Y
72%
71
76
J-J
May
_
1954
r.
4s
High
62%
5
70 Ya
*73
Chester—
4s
mortgage
AGeneral
N
2007
A.2022
A
Port
A
{AN Y Ont A West ref 4s
101Vi
>96%
m-m
4s
River
Jan. 1
Low
No.
High
70%
-
Range Since
Sold
Bid A Asked
RR—
mtge conv lnc 4%s ser
AGen
Harlem
56 Vi
19
A Hartford
Haven
1st A ref mtge 4s ser
97
72
B
series
New
1st
3
'
Y
■{
78
1
—
r-A
j-j
91 YB
.?;/ ' 4
78
./<:'
W-A
4YaS
N
Bonds
Friday's.
or
I.
M-M
M-M
1973
1973
A West 4s series A
N Y Lack
'
94
88
„
81
'
■
Last
Sale Price
Low
90 Vi
98
•99%
r-A
r-A
eevi
.
74%
74
'
.
7 •
•
Lehigh Coal A Navigation Co—
8 F mtge 3%« ser A
1979
Lehigh Valley Coal Co—
5s stamped
19M
6s stamped
1964
5s stamped
1974
Lehigh Val Harbor Term gtd 5s
1964
Lehigh Valley Ry Co NY 4%« ext.1969
Lehigh Valley RR—
si
—
Imtsreet
Period
Exchange
High
Low
3
82%
'
New York Stock
Jan. 1
No.
High
Ltd—
Co
Nitrate
Low
,
j-d
1971
Via
3 He registered
„
88
■
,
Lake 8h & lllch Sou gold 3
Friday's
or
BONDS
Range Since
Bonds
Bid A Asked V Sold
Last
Interest
100
85 Ya
*99%
__
99%
106
*106
92 Yb
,
100%
107 YB
1063/4
•105
'♦98
106
99 Vi
108 Yb
102
104%
98
99 3/b
r*Vohtoe^3JO;U5tanber 4849
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1619)
31
NEW YORK BOND RECORD
RANGE FOR WEEK ENDED
Friday
BONDS
Interest
'
••
New York Stock Exchange
Last
Period
or
Sale Price
Friday's
debentures
1st & ref
.1963
M-N
1968
mtge 8s_
.2037
mtge 3s~
-1973
mtge 27/ai
1979
ref
lst
ft
ref
lst
&
ref
No.
Low
8
101%
107'A
222
M-N
•103%
222
104
—
10b'/2
103%
__
or
Friday's
Orleans 3% 8—1974
J-D
—I960
_Jan
Bange Since
Sold
*
Jan. 1
High
No.
49%
209
41
22'A
177
16%
Low
*103
J-J
I960
49%
22V*
A-O
Tol & Ohio Cent ref ft
impt 3%s_1960
High
if-8
1981
100%
46%
19%
J-D
Tri-Continental Corp 2%s debs
104'A
Bonds
SalePriee* Bid ft Asked
Pacific-Missouri Pacific—
Term RR of New
tThird Ave Ry 1st ref 4s
AAdj income 5s
148%
215
222
'106'A
J-D
Texas
109 %
146%
__
Week's Range
Last
Period
Low
]ns%
1
»148»/2
Interest
'
New York Stock Exchange
High
104'A 104%
J-D
ft
BONDS
Jan. 1
108% 108%
J-J
1st
104 %
J-J
.2037
mtge 3%i
Friday
Range Since
Sold
High
Public Service Elec ft Qu Co—
3s
Bonds
Bid ft Asked
Low
1st ft ref mtge 5s.
OCTOBER 21
Week'* Range
'
94
•99
103
71%
45%
94
98%
100%
102
100%
U
Quaker Oats 2%s deb.
.1964
J-J
102
102
100%
•Union Electric Co of Mo 3%s
102%
1st
Reading Co 1st ft ref 3%8 ser D. .1995
Reynolds (R J) Tobacco 3s debs. .1973
Rochester
Gas
ft
Elec
90
A-O
'
90
85
105'A 105'A
2%s
93%
102%
Oil
Pacific
2%s
Corp—
Ref
Gen
mtge 4 Mi 8 series D
.1977
M-S
Gen
mtge 3%s series H
.1967
US
Gen
mtge
1967
US
'II
cu»n
mtize
3%a series I
3%s series J
1969
US
106'/a 106'/a
1
105%
1949
J-J
8%
8%
2
7%
10
1941
J-J
9%
9'/2
1
8 y#
1971
u-a
97%
102%
j-j
J-J
1970
J-D
1976
F-A
1991
Jf-8
1966
A-O
1976
Jf-N
110
110
tSARutland
scamped
as
RR
4tts
stamped
Baguenay Power 3s series
St Lawr
2d
A
Adir 1st gold 5s
ft
gold
Bt L
6s
»U9y8
117
119 y®
2'/as
series
C
United Biscuit Co of Amer 2%s
U S Rubber 2%s debs
107%
a
St
Louis-Southwestern
4s
102'A
104'A
'101% 103%
101%
104%
'101% 102%
99%
103 %
100%
103%
103%
103'A 103'A
2%s
debentures
95
95
95 %
'73%
100'/2 100%
bond
1997
1989
1989
mtge 4s series-A
1995
AGen mtge 4%s series A—-Jan 2016
(Jos E) ft Sens 2%s
1968
debentures
South ft Nor Ala RR
gtd'5s
Southern Bell Tel ft Tel Co—
1st
♦103
U-N
112%
85%
17
J-J
657/a
65%
^
107%
.
■
F-A
99
15
-
96
•48 y8
*-
A-O
j.
ft Southwest
25
100
102%
95
99%
1
123
-t.-.
54%
14
123%
.1105 y8105%
100'/2
I)..'.
100% 100%
}•:
)
100 »/a
106%
*■
94%
101%
y
97
jr-s
99'/a
98%
Jf-N
90 '/2
90
ir-N
88
99%
78
,91%
117
86%
J-D
77%
88
89
?■-
64
i
U
|
101%
•74%
95%
92%
75
♦100%
1986
1998
series F
J-J
100
J-J
89%
83
89%
83%
83
1
20
1961
J-J
'94%
1994
J-J
112% 112%
1956
A-O
1956
A-O
1958
1985
1966
-1971
J-J
~5
1
104%
F-A
97'/a
J-J
J-J
97 %
U-N
102%
97%
23
102% 102%
J-J
100%
Ref
ft
93%
100% 100%
97%
►103% 104%
101%
D
Corp 3s deb
&
2019
J-J
1985
A-O
1965
'J'Ref ft imp 27/8s series
Texas
7
107
48%
.j
107
45
U-N
♦119'/a
Orleans RR—
1st ft ref M 3'As series B
1970
■.{
•
101
99
99 %
Jf-N
103 5/e
1067a !
*105 'A 105%
105%
107
105
105
3/4{
105
105
9
106 y4
1097a
■:
ii
10
106% 106%
M-S
56
55'A
52 V*
63%
53'A
28
49'A
62
99% 100%
99%
A-O
29
52%
Jf-8
56
52
977/a
101%;
99%
101%,
•101
May
.
100 aV
&
Mfg
2y8s
10011,
20
95'/a
102
M-S
99
96%
99
42
86
J-J
83%
82%
83%
84
647/a
'
1007a 100 %
1007a
5
101% 101'A
18
1st
123
100
98%
M-S
98%
98%
J-J
A-O
102%
13
1023A 1023A
114% 114%
99 y4100
I960
J-J
114%
J-J
74%
of
1936
Jf-N
deposit
96%
104
3
112 ya
115%
55
74
44%
1976
3%[S-
II I
J-D
713A
1990
A-O
2000
J-D
1985
J-J
3%» series C—
Texas
& Pacific 1st gold 5s
Gen ft ref M 37as series E
97
not
4
94%
96%
•::0
Included
106%
45%
1
♦
^
78
7iyB
74%',.
36
102
100%,
*100
106%
9-J
97
-94% -94%
49%
46% .1
957a
2
118%
97%
127
'
' 100% 101
39
97%
delivery
the
sale
101%
1047a
107%
the
year s
A Bonds
102%
*96%
97%:;
94
99
Included In the year's range,
d Ex-interest,
e Odd-lot sale not
Under-the-rule sale not included in the yes~*^ range. rOath sale
y Ex-coupon.
n
range,
„
..
selling flat.
NEW YORK CURB EXCHANGE
WEEKLY
AND
YEARLY
RECORD
In the
following extensive list we furnish a comDlete record of the transactions on New York Curb
Exchange for the week beginning on Saturday, Oct. 15
and ending the cyrrent
Friday, Oct. 21. It is compiled from the 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.
•
(
1
:
RANGE FOR WEEK ENDED
Friday
STOCKS—
New York Curb
Week's
Last
Exehange
Par
ACF-Brill
Acme
Motors
Aluminum
Acme
Wire
Adam
Hat
Co
27a '
common
Inc
19%
Inc
Electric
Alabama
Great
Southern
Alabama
Power
4.20%
Altes
Fisher
Inc
common
(Mich)1
Corp
common
Brewing Co
$3.75
600
10%
10
Jun
37/a
Jan
American
Oct
32 y2
Jan
American
3% May
1% Mar
6
Aug
American
l7/a
Jan
American
Jan
7%
Jan
Class
-
10%
.400
8'/a
Jun
7'A
-
7','i
3,90-*
478
Jun
73A
6%
6%
100
57»
Feb
7
10% Mar
Oct
Mar
of
Goods
America
common
Bantam
Book
4%%
Oct
92'/a
Jun
$2.50
Jan
99
Sep
American
6
Apr
American
American
Feb
Hard
see
3%
Feb
5%
Sep
2%
Feb
3'/2
Apr
American
16%
250
13%
Jun
17%
Jan
American Metal
6'/a
6%
100
5y8
Feb
•
49%
100
967a
Mar
common.
page
35.
48'A
49%
6,200
45%
Jun
96 Va
97%
1,100
93%
Jan
23%
23%
100
•
7'A
7'A
100
6'A May
9'/2
American
54
Mar
100 y4 Aug
6%
preferred
Rubber
Maracaibo
American
Jan
Jan
1%
l'A
700
1
Jun
l'/a
Jan
100
58
July
74%
Oct
8%
4,000
6
Mar
87a
Oct
111
Jan
2
Jun
•
-
1%
70
70
8'A
7%
*
„
Co
Meter
20
45%
200
32Va
Jan
45%
Oct
11
150
9%
Jun
137/a
Jan
187a
19%
950
18%
Sep
25% Apr
15% Mar
15%
1,800
47a
4'A
43A
29,400
11%
11%
11%
500
41
41
4
500
com
•
287a
27'A
29
15
15
l'A
15,300
13
443A
July
3
5%
Jun
7'A
Oct
Jan
,
Jun
117a
Oct
34
Feb
42%
Oct
17 3A
Jan
29%
Oct
x33
Oct
28
Vi Mar
100
30
Jun
25'A
26%
150
2274
Jun
•
26%
25
26%
1,600
22%
Jun
28%"Mar
10
29 3A
27'/a
30%
18,500
20%
Jun
29%
25
& Chem
Feb
•
preferred
American Potash
27%
1
Co
Natural Gas Co
925
10%
19%
1,600
44%
2%
2
25
Co
Products common
114% May
2% July
2'A
40
43
1
.25
Laundry Mach
Mfg Co common
157a
6
Jan
1%
Light—
Corp common
preferred
convertible
0
1
5134
Sep
2'A
91
3%
Jun
A
42%
79
4,800
35 Va
800
1
40
-
3,300
3A
lOo
50
High
47%
il
100
convertible
81
5 %
Low
457a
%
100
&
Electric—
ft
Range Since January 1
High
47'A
1
Gas
Shares
1
__1
common
Power
Low
preferred
9834
"5
class A
Co.
Cities
for Week
Range
of Prices
•
Car Co
Beverage
American
79%
5'A
Par
:
common
American General
983A
•
preferred
Mfg
Industries
footnotes
Ltd
Last
Sale Price
Exchange
B
100
•
common
cumulative
Aluminum
For
Co
174
May
Aluminum
_1
Investing
Aluminum
400
17a
1
Internat
Aluminum
'/a
1%
1
Products
Bros
19%
7
,
Oct
50
pfd
Allied
Altes
197a
5
Appliance
Allied
Altofer
250
High
l'A
$2
Airlines
&
19%
5
7%
Air-Way
Alaska
1%
5
J)
(N
%
.1,100
'
Supply Mfg
Agnew Surpass Shoe Stores—
Ainsworth
Mfg
common..
Associates
27a
400
7%
Alleys
Stores
2'A
Low
l'/a
New York Curb
Sales
Week's
Friday
STOCKS—
Range Since January 1
High
1%
Aero
Air
Low
Shares
:
:
Gales
of Prices
warrants..
I
.;
OCTOBER 21
far Week
Range
.
Sale Price
class A
3^%
•
32 %
32 3A
'
20% July
4% Jun
26%
Jan
Class
7'A
Oct
American
B
Republics
;
M
y
't.
not
year's range
in
i
100
1017a
1063A 106%
INegotiability impaired by mature.
^Companies reported as being in bankruptcy) receivership, or reorganised wider Section IT of
the Bankruptcy Act, or securities assumed
by such companies.
'
'Friday's bid and asked prices; no sales being transacted during current week.
99
'88'/a
22
124% 124 7/8
100%
in
included
;r
*"
*104
Jf-S
J-J
Deferred
a
103%
'
100
102%
35%
Elec Lt & Power 2%s_._1076
119%
;
;
99%
96%
2
75
74
"
—1979
Service
I Urti1
99%
;
101'A
3
74%
J-J
1971
104%
101 y2
105-
-
Oct
.1
4
86% r.
Ry-r-
4s
Pubyc
-
*"
1958
mortgage; 2 %s
Wisconsin
98'A
4
103% 105
105
1949
Central
<
igi% :
100
1967
Certificates of deposit
Wisconsin Electric Power 2%s
101
-
M-N
1951
debentures
Certificates
115%
20
,
J-D
104%
22
\t
"
J-J
A
'
103%
106%
l: 106
...
A-O
1st & ref M
*103%
103%;
New
]j
*
55
•103% 104%
.
J-D
J-J
A
98%
92
104%
il
'
,'
102
,85
27
48%
"F-A
J-D
14
107
'48%
J]
76%
99%
98 3A
86%
83
64%
947/a
7
1950
.
8ASu ft Du div ft term 1st 4s
98
...
68
I960
SAlst general
I
/
F-A
J-J
^Wisconsin
103
97
4'As
1st mtge 3'As series D
Wilson ft Co 1st mortgage 3s
Winston-Salem S B 1st 4s
<
104%
estate
68
97
St Louis—
imp M 4s series C
Texas
102 3A
106%
69%
67
96%
A-O
2361
conv
Yonkers
'Terminal RR Assn of
98
96
81
'69%
68?
86
Wheeling ft Lake Erie RR 2%s A.1992
Wheeling Steel 3'As series C
,—1970
5
101%
...
79
103%
n
M-S
107'A
102%
V".
84
—
•100
1973
-52
38
10
•98
104
•
Jf-N
19T
102%
96
2
82%
M-N
1967
debentures
2.65s
104
101%
~9
40
104% 104%
114'A
102'A
102% 102%
•105%
Apr
Apr
Apr
1951
2%s
-t
110
103%
38
Jf-N
107
3'As
mtge
Westinghouse El
.
«
i'
108
99%
104
'106%
Apr
98
95%
22
100% 100'/a
100'A
1973
debentures
79%
101% 101%
1017/a
1972
>25
$23
104'A
-
Jan 1981
30-year 5s
j
-i
95 Va
116'/a
■■
84
Jf-N
A-O
-
Funding ft real
25-year gold 5s
1
84%
109%
107%
A-O
1974
77
92%
101
101%
103% 104
Jf-N
1966
2s/bs debs
101
101%
107%
102% 102%
A-O
1995
1973
Registered
■
101
8
86%
J-J
1951
Bunray Oil Corp 2%s debs
85%
A-O
1996
85%.i
1958
Western Maryland 1st mtge 4s
.1952
Western Pacific 4'As inc A
Jan 2014
Western Union Telegraph Co—
'
84
95
98'A
1027A
106
113% 113%
jlj
2003
Gen mtge 3s gtd.
v.
1979
West Penn Power 3y2s series I
1966
West Shore 1st 4s guaranteed——2361
103%
70
*71
Co—
Standard Oil of Calif 2%s debs
Standard Oil (N J) deb 2%s_
23As debentures
Gen
>
2
,
106
'104
5%s
debs
(subordinated).
;i970
Warren RR 1st ref gtd gold' 3
%S—2000
Washington Terminal 2%s ser A
1970
Westchester. Leg 5s stpd gtd
-I960
•
29
••
*102% 103
1st gtd 5s
5s
cons
102
106
101% 101%
♦105
1979
Walker (Hiram) G ft W 2%s
debs_1966
Walworth Co conv debentures
3y«s_1976
Ward Baking Co—
1
•
'
99'A
78
98"%
G_.
ser
Gen mtge inc 4'As series B__Jan 1991
1st mtge 3'As series B__
-1971
,
100%
,
987/a
102% 102%
987/«
2%s
Gen mtge 4s inc series A
I
f
69%
123 y8 123'/a
J-J
J-D
M
Jf-S
A-O
Wabash RR Co—
102%
100%
<#.
,v.
ref
ft
Jf-8
1978
102
107%
W
128
94% ■98'/a
—
<98%
1975
a—1963
debentures
conv
I
58%
•
85%
;■
102%
100
61
97%
•100%
i
17
67
*97%
96
75%
97
101%
I
104
106 %
127
101% 102
J-J
J-D
B
1st lien ft ref M 3 y«s ser C
101
♦126
4s series A
g
Virginian Ry 3s series B
r
95
100%
:
^
1969
3%s debentures
:
1983
ASpokane Internat 1st gold 4%S—2013
27/ss
105
8
103% 104
,
1977
Devel ft gen 6y2s series A
Memphis Div 1st gold 5s
St Louis Div 1st
gold 4s
Southwestern Bell Tel 2%s debs
Co
Va
61%
,
v
&
104
J-J
6s series A
gen
1st
89%
•46%
•107%
-1994
mtge 27/8s series E
Swift
J-J
A-O
1981
1st mtge 2%s
103
95
J-D
A-O
1st mtg 3%s ser A-1975
RR
83
~
94
J-J
1st mtge 2'As series G
Southern Ry 1st cons gold 5s
;■>.
Devel ft gen 4s series A
j
'112'A
J-J
F-A
-
Pacific
ft
M-N
.1987
4%s
Ifc'el
56%
66
♦
(Oregon Lines) A
San Fr Term
Southern
55%
.1985
4y2s
Gold
r.
t
557/a
J-J
debentures.
debentures
Southern Indiana Ry 2%s.
Southern Pacific Co—
«
■
4%s
May
.1979
27/»s
1st
89
J-D
1963
debentures
Gold
88%
1974
.
2%s
88'/2
cons
f 4s series
s
1st & ref mtge 3s series F
,•
J-
J-J
1971
debs
tSASIleslan-Amer Corp coll tr 78—1941
Skelly OH 2%s debs
1965
Socony-Vacuum Oil 2%s_
1975
3s
86
"•
Seagram
2%s
♦102
95'A
96
*102
JT-N
1st
certificates
Oil
F-A
1957
93 y8
—
1955
91%
99%
10
99
*85%
Cons
101
97
11
*95'A
Jf-8
3'As
1st
Union
'71%
-
A-O
1959
Virginia Electric & Power Co—
l
1st & ref mtge 2%s series E
1.
4
10
95'A
1967
>
76
Ry—
Scioto V ft N E 1st gtd 48
Seaboard Air Line RR Co—
V
1
101% 101%
Universal Pictures 3%s debs
106%
67
3
A-O
4s Inc bond ctfs
Nov 1989
Gen ft ref gold 5s series A
1990
St Paul ft Duluth 1st eons
gold 4s_1968
*
St Paul Union Dept 3%s B.
;
1971
3s
68
J-J
2d
Shell
68
1996
2nd mtge inc 4%s ser A—Jan 2022
1st
•102% 103%
1955
Rocky Mt ft P 5s stamped
St Louis-San Francisco Ry Co—
1st mtge 4s series A
*
110'A
99%
100%
__
Vandalla RR
$ A Rut-Canadian
r
108'A
102%
12%
1996
•105%
110
RR—
debentures
mtge
•102
Jf-N
1967
deb
3s
debentures
Union
106'A
Calif
of
Jf-N
A-O
1968
debentures
Union
Jf-N
1971
1975
mtge ft coll trust 2%s
3s
R
Monday/ October-24, 1949
COMMERCIAL & FINMC.IAL _CHROIJICLE
THE
EXCHANGE
CURB
YORK
NEW
RANGE FOR WEEK ENDED
OCTOBER 21
New York Curb
Par
;*
American
Seal-Kap
Axner Superpower
Id
aeries
i';
•
■1
common
preferred
12
_10C
Corp common-
•
.
—
preferred.
I
5%
14 %
100
3%
5%
1
220
3 V*
3 V*
3%
10%
10%
11%
11%
10%
11%
2,700
27,600
71,200
10%
10%
10%
r
Jun
5
3%
.
5%
11%
Light «7 pfd—
.1.10
Equipment Corp
I
Ashland Oil ft. Refinln* Co
8Va
8%
20%
20%
23%
•
,
23
9
9 V*
9
Jan
Jan
6
Jun
,14,200
3,700
1,000
14%
Jun
,21%
Jun
6%
Jun
10
Associated Laundries of America-
•
3
Fisheries
5Vs
15%
Atlas
Plywood Corp
Automatic Steel Products
,40%
"4%
15%
16
12,800
4
11
Jun
5%
5%
5%
8%
900
Hi
preferred
!
Ayrshire Collieries Corp com
13%
13%
550
10%
Jan
14
Jun
15 y2
i5%
15Q
17
Mar
2%
2%
1,000
1% Aug
3%
1%
2
6,800
1 %
Jun
2%
6%
6%
900
5%
Jun
8
Feb
34 V2
Apr
...
5%
>*4 % %.
;
Jan
—-
Consolidated Oas
July
Jun
25
Feb
21%
375
,20
13
13%
1,200
10
.
7%
Baldwin Rubber
2,400
41
Jun
300
32
'/Aug
36J/4
Jan
600
7
Feb
9%
Oct
|
9% : 9%
common
4%
Beau-Brummel Ties
Beck
(AS)
common
Shoe Corp
31
—
Benson A Hedges common
Convertible preferred
Oct
I
Apr
Oct
:$
: 14%
1
1
14%
•
A Co common
•
——
Bridgeport Gas Light Co
Brlllo
Mfg Co
common
Co
16%
16%
2,200
5%
5.%
33
70
22%
23
; 200
reg
British Columbia Power class A
Class B
—
..
•
12
"
—10
5%
-1
Brown Rubber Co common
Bruce (E L) Co common—
Bruck Mills Ltd class B
5%
4,800
'
17%
5
19
,
45%
Oct
11%
'
Sep
"%
—
12 %•
3%
8%
8
1
'
Jan
%
,•
3
Jan
,
c,
34% Sep
|
I
Oct
3%
23
American dsn rets 0%
Calamba Sugar Estate
pfd
lie
:4%
,v
'5%
2,000
11
Sep
7%
Jun
6%. Apr
5%
.
2 Va
5
.800
y7 %
Denniaon
6%
Feb
8%
Apr
13%
Jan
.10%- Oct
700
"
2%
1,300
(3%
aoo
2%
3%
3% t
63
63
:
V
16%
17 y*
30
6%
i 7%
11,% Jan
11%
Mar
106%
Aug"-}
Oct};
5% Mar
-—•
'
.2.80
•
13
15
r!
15%
Sep i f
7%
Oct',}
200
4%
600
10%
15-
-
Oct
Sep
25%
3Yb
6%
Jun
t!V Jun
1 %
/
"6^8
6Va
;i-
7
California Electric Power
Camden Fire Insurance—
1
8
Co
1
Ltd
Convertible
'.;■■■
May
11% Sep
-
f
6%
Z
*
14%
Corp.
Driver, Harris Co
Duke Power Co
,
II
common
preferred——.
Jun
10
1% July
Jun
Va Jun
19%
2*6
Jun
—
"
'.% 2%
2
21%
Jun
2%
18
Jun
23 Va
;Jun
1%
1,000
1,000
23
Jun
14%
Sep
9%
600
6%
Jan
10%
Jan
3%
35/a
3,400
2'/*
Jan
3%
26 V2. Jan
21
33%
14*%
UVb
14%
11%
15
-
•
—
:,"9%
*
64%
63%
25%
25%
Canadian Industries Ltd—
1% preferred
Canadian AMarconi
8%
r2% July
Feb
26
8%
8%
•
Aug
24% July
7%
Jun
10 Va
7% July
9%
148 Va:
Capital City Products common—
Carey Baxter A Kennedy Inc—
.
T%
T% T%
14
14%
200
9%
1,300
■i
79%
57
Jun
10% May; I
65Va Sep:
,50
23
Jun
32 V2: Jan'
675
80
V, 74
'j Feb
56
9%, Mar
97/a
*3
"3"%
Apr
57%
Mar
;
Oct
;
'
4%
common
(AM) A Co
Cgtalin Corp of Amerlca.
4%
.4 ;
x4%,Mar
3%
Feb
5V8
300
27%
"200
22%-Aug
4%
1,200
3y* Jun
j
26%
■<
13% Mar
Oct
104
i' Central Ohio Steel Products
Central Power! & Light 4%
1
pfd
V {Central States Elec 6% preferred—100
7% preferred
*160
Century Electric Co common
Century Investors. Inc.—
Conv preference 1
-For
350
93
1,150
13
•12%
13
13
12
13
150
400
,92
.89
v6V8
+
6%
,.400
35.
74% }May
8% Oct
Jan
85%
5%, Feb
55
5
3
10
35
,3y«
3%
1,500
7%
7%
200
Feb
,
5% July
5% July
—.1
li
page
,92
13%
200
S.M
common
footnotes, see
12%
1,400
1
Chaittberlin Co of America
Charis Corp
■P2
13%
9
,
-100
Cessna Aircraft Co common
.
*8%
20
r100
Conv pfd opt div ser
Conv pfd opt div ser 1929
/
8%
-100
78%
2%
6
May
.
Jan
Sep
Jun
July
7%, Mar
2%
300
4%
Jun
-
Jan
1,475
2
77
iFeb
75
:
Aug
700
1%
62
16
19%
75
78 8
'
50
Jun
50
70
61
■39
Apr
^7% Mar
2%; Jan
.,76
Oct.;
Jun
25
70
62
Jun
Jun
26
73
62
61 Vb
Jun
iOct
67
'
>
•
Ltd
\
;v
9
1
1
100
—1
•
17%
1
1
10
17%
17%
>
—"
99%
' 99%
^8
'■ Oct
10
|Jan
Feb,
18 y*
*
xi
f
Jan f
13 V*-May
92 V2
20
6%
11%
12%
200
1%
9,600
.46% *"'>V 46
,47'/*
5%
5%
5%
1,425
,<
i7<r
xV
%
;
.
14
-Feb
Apr
s,
Mar.
'/* May
,
Apr
13%
/
*
.
-
'
Apr
^
Jun
4
200
4,300
.
7%
«
1%-Feb
31
Oct
101%
July
4% Aug„
11
Feb
700
% O'/a
Oct
Mar
10%
46,300
'4vl,%
6%
—
y21
5% May
: 60
625
2,100
9
•^9%
10c
1
8%
19
11% Mar V
4,600
l7/a Mar
47% Oct
6% Oct
%'• Sep
Feb
18
?
Jan
4% Jan i
Palrehlld Camera A Instrument
t
83
Sep
93.
Fire Association
-
,
12 div cum preferred.
Oct
14% Aug
96
Oct
Fishman
,
,
.
v
(1(H)
19-
20%
1,300
12 %, Feb
4%
'4%
4%
9^00
3%, Feb
ll'/a
10%
li1/*
2,400
20
72%
,
•:i%
-2%
,
33%
331/2
(Pblla).
First Tork Corp commc
Jan
15
Engine A Airplane.
MetallurgicaL
Fansteel
78
Feb
15ya.Aug
I
5%
'
,36
Central Maine Power Co—
3150% preferred
5;/*
Jun
I
5 Va, Aug
Corp
Fair child
,
Feb
it 2%JMar
14% Oct
10% Mar
400
72%
71V2
73
shares of beneficial lnt
Eureka
3%
71J/2
72%
2
Eureka Pipe Line common
!'
.Mar
2
Mar
2
Castle
3
Sep;
7%
9% July
-II
Equity Corp common
II convertible preferred
Esquire me
:
41/* Mar
112%
.,Feb
512% Feb
dep rets B ord
Carter (J W) Co common..
Products
.101
Electrograpble Corp common
Empire District Electric IB pfd
Empire MHlwork Corp..—
Emsoo Derrick ft Eqnipmsnt
Ltd—
Amer
1,300
3%
.101
Electric Bond A Share common
Oct
-
2
3,000
4%
82%
Apr
1% Jan
;
;
'
Oct
3%
Jan
,
109
,3%
200
4 350
4%
1
IB pfd shares of bensflsial int..
Easy Washing Machine class B—
Jan
21
VA Jun
40'/s
Amer dep rets A ord
Casco
May
,
185
2'/*
14%
2 Vb
13
-
148% July
1% Oct
-2% Jun
■9%
56
common.—
Carr-Consolidated B'«cuit Co.,—
,
July
Jun
r
/Carolina Power A Light |5 pfd—
Garreras
1
12
7,5Q0"
Carman A Co
Carnation Co
Com
Jan
14
1
Oct! *
Apr}
350
200
64'/a
25%
Sulphur
|7 preferred series A.
II preferred series Bl
Sugar Assoelatee—
J&n
200
101
—
Oct!
"Oct'
22%
20% Mar
6%
Eastern Malleable Iron.
Eastern States Corp.
Oct
200
9
8%
Jun
"
•
—
60*0*
.
•
9
Jani
Jan!'
.
3%
•
19
Eastern
•
12
10%
4%% prior preferred—
9%, preferred
—•
-•
Jan i i
Jan
9%
9%
9%
Eastern Gas A Puel Assn
Oct
Canadian Industrial AlcoholClass A voting
Class B non-voting
15%. Apr
\9
Com ^rnnios.
Duval Texas
—
■
Oct
144
•"
Oct
22%
r2V2 July
X24
—
—*
11% •Jan} ?
8% Mar
20%
1.00
Jan
2% Jun
8y8' Sep
Feb
8
'
Jun
'
■■
Janif
32
Jun
7
Duhlop Rubber Co Ltd-
J»n
Sep;;
3 /
9% May
132
Jan
3,?00
Sepn
34
'
Oct
6%
1,200
2 %
!
Draper
Oct
6V2 May
—
2*6
.
14 V2 Jan s}
•.
1%" Jun
t
.200
10%
22%
Dominion Textile Co Ltd conunon
Jan
12% Feb
% Jan
22 Vb
3
•
—
—•
Canada Cement Co Ltd common
6%* preference
Canadian Canners Ltd
8
7%
24,400
3,100
Jun li
27% July
5% Jun
200
2,400
1%
/lV%
14%
Gray Iron Foundry.
Dominion Steel A Coal class B
Dominion Tar ; A Ohem Co Ltd—
5
3%
6A
•?;.
Jun
—
Domestic Credit Corp Class
Dominion Bridge Co Ltd..
,
3 V*
A:
10
'••F-'-rs
5%' Oct
Jan
2%
«...
«...
•
19%
:
22% Jun
Amer^ dep -rets ord reg..
Dobeckmun Co common.
13% Aug
Jun ;
7
'!%•
1%
Devoe A Raynolda class
Distillers Co Ltd—
J
Oct
100
May
65
Jan
102
Detroit Steel Products..
Jan
2
Jun
Detroit
Feb-
Jan
II
—1
Calgary & Edmonton Corp Ltd
Canada Bread
•
Sep ! i
4% May i
14% Apr
100
•
Jan
3%
(
l1/* Jan
•'
2,700
12%
l7/a Jun
:
.
80
12%
17%
Mfg class A sommon.
debenture—
Hiirc T«»»
4%
1% Aug
Jun
;•
1,400
•;7%
Duraloy (The) Co..
Durham Hosiery class B common.
i%
!
Jan
2,300
_2%
Derby Oil Co common—.
—
Detroit Oasket A Manufacturing..
m
Cable Electric Products common
Cables A Wireless—
v
|
Feb
Amer dep rets ord
,
Oct ?
Jan i 5
42
Jun
41%
3
10%
1
•
pavenport Hosiery
:
Davidson-Brothers Ina common——
Day Mines Inc
1
^'Bayton AnHfsr Co class A.
Delay (Stores common
t
Aug
16
.Jun
157/a
10,000
Sep if
7V<
,.
28% Jun
4,500
36%
1
_7%
•
Aug
20y8
6,800
•3%
.Oct ; i
7
17%
:
D
18% Sep
Jun
150
\\
•
i
Feb
31
3
1
7
71/*
1,700
/I
Jan
4%
4 %
■.
4
JSep
14% July
4 y* Jan
10% July
12% Jun
500
11%
15
!
Jan
Aug
:
12
t
78
22
"U% Feb
1O0
<5
Oct
'2% July
-I
100
Lighting Ine common.
Curtis Mfg Co (Mo)
Jun
8y2
600
Oct 'J
>
,10
Apr
7% Sep
22,700
15%
14%
11%
•
Burry Biscuit Corp
12%
13%
•
19
I.M
Burma Corp Amer dep rets
Aug
1%
15%
/
-
Bunker Hill A Sullivan
Burd Piston Ring Co
8 Va
,19% Afar
400
40
35%
v
2 Be
*
10
Curtis
13% Feb
*
11%
15%
S.I0
Buckeye Pipe Line
I
'23
*
1
Junior pfd—
Cuban Tobaaco- common
Sep
Oct
1% July
21% Mar
——
Brown Porman Distillers
•
925
5%
Crystal Oil Refining common
$6 preferred
—
; Cuban Atlantic Sugar common
5*. preferred
3%
6
10s
Jan
ft 9,300
3
Co common
Apr
'33
"
II
7%
14%
Jun
4%
,
800
.;•:■ 37%
80
%
13%
.3% May
j
33
v
17'/a
,;r; 6%
1
,7%
14 V2
4,500
7
16%
|
Jan
29
Jun
•ft Jun
800
11 r
6%
6%
]
'
1%
,10% Jun
10,100
T76
•
10%
11
16%
35 Va
f
21%; Apr
-1
%
%
Jun
20
;
J
18
% May
/
Oct
May
103% Jan
3% Jan
Jun
.
Jan
115% Jan
200
■
27%
S
\
Aug
13%
Jan
2%
200
V-13%
;.«•
-f
Sep
108
70 y2
500
29
14
29
•
)
.
Mar
; 62
14 Ve
1
Oct
7% Sep
100
•
—
•
7%
23%
140
iy*
9
70 %
1141/* May
9'/2
.<
600
.
,
U%
.
Apr
Jan
100
2,000
3%
32%
Jan
109
•:
Sep
5% Mar
Jan
58 %
200
•
44 V2
Feb
6% Jun
2.300
8
89
3
1%
1
80
Jun
5V3
1,725
76
11
dep rets ord
cum
j
57
4% July
16%
•
•
:
4%.
;14% Oct
500
•
Amer dep rets ord
reg
British Celanese Ltd—
Amer
Oct
Jun
13%
—•
British American Tobacco—
Amer dep rets ord bearer
,
Jan
I
!
Jan
'
Jun
*, ...Y
Crown Drug
{
Oct
-*
Class A_—*.
British-American Oil
Jan
61
.6% May
'"9
Mar
2% Feb
10,400
45%
40%
.
9
Jan
•
Breeze Corp common
•
3%
;a
"75%
76
50
Jun
26 '/*
II
Brazilian Traction Light. A Power
•
7%
45%
100
,
■
3%
•
^Bohack "(H 0)- Co common
5%* prior cum pfd_
Borne, Scrymser Co
Bourjols Inc
38'/a
13
;
350
13%
12%
13%
7%
-
-1
"
Feb
35%
100
•
"Blauner's common
i Blue Ridge
Corp common
2
Sep
-6%
400
Blrdsboro Steel Fdry A
,Mach Co com-*
Blumsnthal (S)
1%
33 Vs
900
4V2
,
v.; 190
12%
t
88
88 Ve
1
II
Crosley Motors Inc
Crowley Mllner ft Co.
Crown Cent Petrol (Md)
; Crown Cork Internat'l "A** partlc
f
J
Apr
27% July
210
105
12%
7%
Croft Brewing Co
Sep
4%
H Aug
2,700
112% 114
105
Creole Petroleum-
5%
Apr
Jun
4
800
68%
Oct
5%
7%
33%
dep reeeipts (ord reg)—11
f
11%
60
55
8%
Jan
12
Jun
*
1,000
;
5% Jan
Jan
6,300
67%
•
12%
convertible preferred
-f
Mar
14
8% Mar
37%
7%
7%
1
•
Blckford's Inc common
Jun
11%
36%
SI
Feb
4% May
800
5%
31%
8%
114
—100
100
Utllltlei
•' i'
300
1%
cN
67%
*
—
American
?
200
1%
1%
1
5%
300
5%
30%
Sep
3%
3,300
5%
Jan
4
3,650
8%
preferred class A
5%
5%
11
1
Bellanca Aircraft common
Bell Tel of Canada common
fi
7% Aug
3
7,300
,6%
5%
i
Benrus Watch Co Inc
Jan
Jun
10 Vb
6%
1
41
•
41
21
Courtaulds Ltd—
1% AUg ;f
1% Aug
4%
3%
Basic Refractories Inc
Baumann (L) • A Co common—
•
4% July
V
Pwr Ltd——
Steel Corp
%
38%
%
Inc
.
.
Oct
3%
600
Cosden Petroleum common
|
Jun
6
Jun
"4%
Corroon ft Reynolds common
.$1
10
200
3,500
.—1
Inc
i-Coro
I
■
'
Co
.Barcelona Tr Lt &
Barium
f
1
54%
33%
Banco de los AndesAmerican shares
'
55% Mar
54
33%
54%
■■■
Locomotive—
100
12
5Va
Cornucopia Gold Mines
preferred
Aug
5%
II
—I
Cook Paint ft Varnish Co.
4
4%
Car-Na-Var Corp
Continental
200
5%
Liquidating CojrpConsolidated Mining A Smelt Ltd
Consolidated Royalty Oil
Jan
15 V2
Mar
12
Consol
900
22
'-4%
4%
r
Jun
32
30%
4%
14%
900
.1
preferred series O
4%
Oct
Jan
Apr
B
Baldwin
31%
.Jl
•-
series B preferred
8V2
•
Babcock A Wilcox Co
"lis..
4
i Continental Fdy A Machine Co
"""
15 y2
-1
1956
11%
20
20'/*
to
Mar
9%
13%
6%
14% Aug
Consol O E L P Bait oommon
Jan
21%
Jan
Vtc ext
6% July
5
8
9%
.10
common
4'/*
200
8%
Jan
Jan
6
Jun
800
5%
65
12%
Community Public Service
Compo Shoo Maehlnery-
Jan
51%
July
■
8%
-_i
Inc
Automatic Voting Machine
35
"650
41
%
33% Sep
3% Jan
Feb
1 y* May
3,300
3>/4
3%
16%
175
30
,30
V*
IIIio
Atlantic Coast Line Co
Atlas Corp warrants
Avery (B F) A Sons
300
%
%
30
Associated Tel ft Tel class A
Jun
Feb
300
.-1
Hotel
Commodore
Feb
7%
6% July
% Sep
Jan
%
38'/a
14j/2
_1
Colt's Manufacturing Co
rets reg
1%
■
-
14%
Colorado Fuel A Iron warrants
Sep
9% Mar
.11
Colonial, Airlines..
Colonial Sand A Stone Co.
Oct
24 .»/* Sep
;
'2,700
Development ordinary.
Colon
10% Mar
6
48,900
Oockshntt Plow Co common-
21%
Industries—
Associated Electric
Oct
Sep
Sep
9 % Oct
Feb
Jan
Jan
6
600
—I
Clinchfield Coal Corp common.
Club Aluminum Products Co.
115
Jan
Aug
17%
11% Jun
64'/*
1
11
Jan
-
600
9%
21'/*
23%
1
5%
10%
113%
1.11
13%
65
500
SVa
:8ya
*iya
7%
8 Va
Jun
Jun
60%
Clayton, A Lajmbert Mlgr.
11% Oct
Jan
f4
8%
•
1
Claude Neon Inc
Jan
400
:
"5%.
High
LOW
10
57%
1,275
10
9%
62%
/Clty,A Suburlmn Home
Clark Controller Co
Clarostat Mfg Co—
3% May
81/* Jan
109% July
Range 8Ince January 1
High
62
64
Cities Service
17% Feb
'
9%
Chief Consolidated
Jan
Mar
8
103% Apr
1% Jun
2,200
1
1
5%
•f2%
300
&
$1.20. conv preferred
Asplnook (The) Corp
6% Apr
12% Jun
Feb
;
200
109
108
108
700
14%
3%
6%
•13%
3V$
V
Aro
Atlantic Coast
600
.
City Auto Stamping.
-101
preferred—
American dep
5
7y* Feb
1
Common class A non-voting
6%
6
5
£1
Arkansas Natural Gas common—
Arkansas Power
6%
-
Oct
4% Jan
4% May
V 5% Feb
4% Jun
of Prices
Low
1
II
4
*
—•
Cherry-Barrell common
Chesebrough Mfg common
Chicago Rivet A Mach
Chicago A Southern Air Lines
Voting trust ctfs.
108%
Jan
58
1,000
1
Threaa
American
-y* Mar
•
Exchange
Par
3% Mar
% Jan
Feb
2%
v
450
4%
6%
5
4%
I
Angerman Co Inc common
Anglo-Iranian Oil Co Ltd—
Amer dep rets ord reg
Angostura-Wupperman
Apex-ELec Manufacturing Co
Appalachian Elec Pwr 4%% pfd_.
Argus Inc.—
107 Va
,406
•
American Writing Paper common
Anchor Post Product*.
'>%
■
900
22,200
3%
f %
3%
3%
-
—a
New York Carb
Jor Week
Shares
Range
-
Sale Price
High
Low
High
Low
•
Range Since January 1
Shares
of Prices
Sale Price
Exchange
Last
STOCKS—
for Week
-Range
Last
Sales
Week's
Friday
Sales
-Week's
Friday
STOCKS—
280
75
3
1D00
33%
175
8%
Feb
57%. Jun
2ys
25
Jun
Jun
Co—
Be to $1 Stores
.13% July
—
21%. Aug
5y* Mar
13 %; Apr
75.
Oct
3 y* July
33% Oct
K
17V2 Sep '
14%, Sep
14%
Ford Motor Co Ltd—
Sep
4
Jan
Amer dep rets ord
Ford Motor of Oaxmda—
Oass A non-voting.
GOass B voting.
7%
Jan
For*
9%, Jan
3
Jan
36%, Apr
10% Jan
.
Amer
5%
5
1,200
22
23
5,000
23
22%
23
25
Jun
4
20
%
%
%
27,400
Feb
23
Oct
23
Feb
n* yrama—
dep rets bearer——
5%
Feb
Mar
17%
A July
%
Jan
Volume
THE
Number 4849
170
COMMERCIAL
YORK
NEW
'RANGE
Week's
Range
Friday
STOCKS—
Last
New York Curb Exchange
SaleFrice
Fox
,
Pitt
1
Co..
Brewing
4
Mi %
Fuller
•
common——1
#0
»
preferred
(Geo A) Oo
conv
High
'
10%
10%
13%
.1.21
Brewing.
Franklin Simon h Co Ino
iPoteri
13%
9
Friday
STOCKS—
Shares
10 %
'
•
Range Since January 1
1
Low
1
13%
Oct
Jan
9%
Sep
Oct
32
7%; Jun
11
1,500
.
•,
Kings County Lighting common
4 %
cumulative preferred
King Seeley Oorp
Kingston Products
Kir by Petroleum
Sep
Sep
Alloys
preferred
conv
Krueger
-5%
100
4%
Jun"
1%
200
1
Jun
1%
3
"
1
25
3 l/8
600
-
2%
Jun
3%
Jan
•36%
36%
36%
225
26%
Jan
36%
17%
17%
200
15
Feb
18 %
2%
1,200
2
Jun
9%
Feb
1
Jun
9%
Feb
2%
13%
13%
14%
2,600
1ft
1
2%
1%
1ft
2,900
1
•
■
-
—~
IB
Sep
Oct
Oct
Jan
3
14%
Oct
1%
Sep
Jan
10
10% Mar
12%
18%
Apr
23
6%
--
.1
7
Feb
Oct
'
'
'
—
—
'
—
,
July
23%
350
22
Stores
Jan
23
23
3 Va
Apr
-
5%
High
.
1,300
Mar
5%
1%
—1
Oo
General Builders Supply Oorp com
D%
Feb
8
15%
100
preferred
&%
92%
15%
Gellman Mfg Oo common
General
Kobacker
Low '
6%
1
(DSmll) Oo common
(IB) Rubber Co
Knott Oorp common.
Apr
Range Since January 1
1
6%
l
Klelnert
14% JVfar
88% July
'
High
6%
18
Klein
100
Low
•
Kirkland Lake G M Oo Ltd
Gatlneau Power Oo common.
Shares
•
Jun
23% Mar
10%
Sales
for Week
Range
of Prices
Par
8
100
Week's
Last
Sale Price
High
12
6%
14,500
■
New York Curb Exchange
8% May
500
'
9
10
EXCHANGE
ENDED OCTOBER 21
Sales
of Prices
Low
"L
CURB
FOR WEEK
CHRONICLE
for Week
t
Par
Fort
'
& .FINANCIAL
1B%
-
Feb
.1
Brewing
1
Co.
7%
.X
7%
8
1,300
14%
14%
12%
..
13
100
12
8% Aug
14%
May
Oct
23% Aug
-
General Electric Co Ltd—
Amer dep rets
•
7%
5%
B% preferred series A
General Fireprooflng common
General
9%
Adv
Outdoor
(6
Public Service
5%
Gilbert
•
Lake Shore Mines Ltd
29%
Jun
37%
Aug
Jun
104%
Sep
Jan
6%
Feb
Lakey Foundry & Machine
Lamaon Oorp of Delaware
Lanston Monotype Machine
4
Jan
La Salle Extension
100
May
Lefcourt
116
Mar
Le
107
Oct
10
100
3%
300
3
1% July
3,100
•
*112%
•
1%
■
5%
Jun
3%
Jun
Jan
-900
5%
Jun
4
75
Jan
1,900
17% ; 17%
-100
12% July
100
11%
•
9%
1,700
•"13%
Jan
20% Oct
1%
1%
A;' 500
.
1%
Class
21
32
32
Goldfield Consolidated. Mines
....
Mfg Oo
1
;
-200
A
Mar
>74%
At -10
79
79
$4.00 prior preferred—
:
19,200
n
%
Mfg
conv
I
Gray Mfg Co
I
:
8%
6
12%
1;1%-
n%-
100
••
'■
*
1,600
.
stock
Northern
Griesedieck
States
26
Brewery
2
Products common—25o
Utilities $4.40
pfd
2~5~%
26(4
125
21% Mar
26%
23%
23 %
23%
5,500
20%
Jun
24% May
9%
9%
9%
1,300
7%
Jun
1%
42,100
Class B
"■> 39%
A 600
8%
100
107% 107%
Feb
53%
39
8%
82%
11%
1
Oo
„
Harvard
25
1
Brewing Oo
'Hathaway Bakeries Inc
•
5
.
"1%
103%
Feb
,126%
Hecla
Mining Oo
Helena
128%
32
-142-
Jun
;
Class
A
Heller Co
*
common
25
common
4%
■
Henry Holt & Oo common
& Co class A—
Feb
13%
1
1
3%
Holophane
•
Holder's
Inc
Marlon
Apr
-
A Hardart
Jun
x50%
1%
Jun
;->;2%
.,
Hubbell
a
•
Jun
.
8%
'
15%
(Harvey)
Jun
15%
12%
150
10% Mar
12%
11
A
300
"
9%
■.(
:a"k: 20
600
9%
3%
"
5%
A 39%
2,700
150
25%
100
.
>
Jun
773/4*
4%
8*2
T'S
.1
15%:
Feb
Apr
3*2
Oct
14 Va
Apr
Apr
27%
Sep
Jun
38
-2%
Feb
July
14,800
13%
■300
•
Oct
7 '
•
"5%
-A"
19 V2
18
•3%
_1
7%
-
Jun
8%
Jan
Jun
195/a
Oct
2%
Feb
4%
Sep
Jun
7
Sep
<i&
Feb
A 2
11%
Jun
34
1,400
3%
4%
13%
3,400
19%
-
3%
Jun
:
200
4
Aug
16
Jan
33%
6%
Sep
9%
14
13% ■14%
1,400
13%
Jun
15%
Jan
2%
Apr
5
Jan
48
Aug
Jun
;18
2
1
3,500
1%
2%
;
' 12,500
.300
2% July
6
Jan
A -25
107%. Oct
110%
Jun
*4,700
5%
6
6%
•700
3% Mar
3% Jan
4%
Sis
45
II
v
6%
6
;
~8%
•
1
common.—
Midland Oil Corp $1 conv pfd
9
71/8
7%
"9%
"9%
4,200
2%
2%
~9%
5
6%
Oct
9%
Jan
14,900
y,
2%
.
Jun
1% May
9% Oct
1,800
8%
6% July
800
38%
Sep
Feb
10
Sep
1%
Jun
2%
Co
10% May
18
July
25
9
Jun
16%
Feb
3% Aug
4%
Jan
Jun
19 '/a
Jan
Sep
9
1
Oil
•
ii
12
•
common
Abrasive
750
'
.300
3%
19
18'%
"2
600
19 %•
"2
10
"2
•
16%
11%
A Ireland.
Miller
Wohl Co
1%
May
Oct
24%
1,000
1,500
6%
Jun
7%
convertible preferred
4%%
Oct
29%
Jun
32%
Jan
10%
-4,900
7%
Jun
10%
100% 100%
80
•
Mining Corp of Canada
Jan
Minnesota Power
&
50
7%
BOo
common
10%
10
•
93%
Jan
24
Light 5% pfd—10$
Missouri Public Service common
3 Va Mar
Feb
102
31%
pfd
Jan
cum
4.80 %
cum
pfd
pfd series B
3% Aug
.JE1
A 17%
17"
17%
17%
17" *
12%
12%'
12%
9%
-9%
13"%
26,100
■
-v,4%
Feb
17%
Oct
Feb
'
*
1,400
14%
A 200
11%
Jan
-13%
100
8%
Jan
'Ii
190
88%
Jan
9%
A
17%
■
Feb
class A
Montgomery Ward & Co class A
Moody Investors partic pfd
Morris Plan Corp of America—
'17% Oct
Mountain
Oct
100
94%
96
116"
96
Mountain
International Cigar Machinery
International Hydro-Electric—
Preferred $3.60 series
International Metal Industries A
Jun
BV4 Mar
2%
Jun
3% Mar
~2%
950
98%
Jun
12%
1,400
10 %
Jan
13
Aug
Muskegon Piston Ring common
Muskogee Co common
59%
59%
60
47
Jan
63
Aug
Muter
Sep
22
600
20
*
.
8%
-8%
8%
:
9%
>,'500
%
%
-400
•1%
•1%
1%
'1,800
15
15
15 %
300
1
-
5%
5%"
cl
ii
%
600
11
r.
10
167Va
185%
Jun
37%
Jan
3%
Jun
4%
Sep
2,200
10%
Jun
14%
Jan
32%
2,200
28%
~4_ 'v;
13%
31%
Mar
400
13%
*4
,
33%
Feb
95
July
103%
Jan
17
Mar
25
Oct
50
29
Sep
50
24%
•
;
8% Mar
24
Apr
30
Aug
Jun
10Va
Jan
10% July
13%
Jan
Jun
12%
Jan
10
Jun
13%
3
Mar
6%
3% Mar
%
Jan
11%
200
10%
1,100
12%
13%
Inc
Namm's
.1$
Corp
Hess
6%
Apr
Jan
Fuel
400
4%
3%
3%
9,300
2% Mar
35%
35%
490
29% Mar
National Breweries common—
preferred
1,000
4%
3%
common.
.
34
.28
—
10*%
Gas.
2%
3%
500
1%
Jun
•4%
Feb
6%
Jan
National Rubber
3% Aug
5%
Jan
6,200"
5%
5%
5%
1,500
Jim Brown Stores common
3%
13%
3%
100
_*
3%
18%
Co
18%
25
3%
Jan
Sep
4%
Jan
National Transit
20%
Jan
National Union Radio
Nelson
Kawneer
Kennedy's
1%
Sep
Sep
127
May
New
1,600
12%
Feb
15
Oct
N®t»
11%
100
9 %
9%
14%
15
Co
11%
Inc
(Walter)
2%
1,000
11%
300
1 5%
47,400
pfd—
*9
9%
Key Co common.
Kldde
Nestle
4%'
4%
11%-
A Oo—
common
(Herman)
15
Jun
6% July
9%
Feb
9%
4 )fi %
Jan
13
9%
Le
Co
Mur
7%
400
6%
Jun
11%
Feb
6%
6%
1.200
6%
Jun
10%
Jan
8%
1,300
7%
7%
convertible preferred
New Jersey Zinc
Sep
New Mexico
12% Mar
&
Arizona Land
i
For footnotes
see
page
111
35.
103
'
103
■* 103
30
100
Sep
105
,
May
New
Park Mining Co
New Process Co
common..
200
Jun
7% May
11%
9
Jan
Jan
8% Mar
18%
Sep
14%
3
2%
Jun
2%
Sep
3% Mar
60,800
3
2%
2%
Sep
4%
6%
Feb
12%
200
15%
400
12% July
5%
92%
1
1%
5%
1,200
5% Aug
93%
510
78% May
1%
1%
1,300
4%
1
100
20
28
-1
1
•
5%
Jun
100
15
Co
Aug
10% Aug
10%
12%
common—
Oct
35%
Jun
9%
4%
100
3
4,200
61
5%
Jan
Tngland Tel & Tel
Haven Clock & Watch
36
Jan
8%
Corp.
-
Kimberly-Clark Oorp—
4%* preferred
—
30o
Oct
Jan
July
9%
6%
Neptune Meter common-
117%
1
Kansas Gas A Electric
Machinery
18% July
K
Ealeer-Praxer Corp
4
1$
*
1
National Radiator Co
8%
4
7%
1
National Steel Car Ltd
Jefferson Lake Sulphur Co..
7
4%
common—
Bellas
National
& Stores common
1
National Pressure Cooker common.—.!
jeannette Glass Co common.
7%
N
flachman
1%
V
11%
10
10%
common
400
8%
Jan
1% May
17
Jan
13% Aug
8
Jan
1
1%
-800
8
12% July
% May
Feb
>
Company
3.B0
M
National Mfg
Kokenge
Sep
150
101% 101%
"
National Mallinson Fabrics
A
Aug
Jan
11%
Jun
A 6% Jun
'-.600
11%
•
•
6%
2,300
9%
11%
Oct
National
Preference
Sep
2%
Feb
"
119%
7%
Julian
104%
Apr
2%
30%
"
29
118%
11%
Oct
July
May
100
178
178
4~
32%
Ohio Mfg Co
'
12%
99
86
98
50
99
98%
24
117"
Investors
com
6%
2,800
Mills
*
10
International Safety Razor B
1,700
2%
13%
10
International Petroleum coupon shs_*
Registered shares
•
International Products
7%
2%
101 %
Tel Ac Tel
Mt Vernon-Woodberry
Murray
7%
A >2%
Producers
States
7%
99
Iff
l#f
1
•
*
Mountain States Power common.
12% May.
98% Sep
50
Insurance Co of North American
Royalty—
Iron Fireman Mfg vtc.
Irving Air Chute
Italian Superpower Corp
10%
Oct
Sep
Sep
2%
•
—1
Monroe Loan Society com
jei
Indianapolis Pwr A Light 4%
6% July
350
6%
Apr
7%
19
•
1
Refineries
12
'•
-3%
60e
Co
4.40 %
.
Sep
Mar
100
10
9%
•
Steel Products—
Jan
10%
<
1
6
common.
Feb
Jun
6 %
29%
*
•
Zinc Co
Oct
Aug
% May
5% May
900
2%
7 Va
1
Corp
Apr
Mar
4%
•2,100
~1% "
"1%
•
10
t c
West
6%
4b
Jan
6%
6%
1
2.60
Corp..
1% Mar
k.i~
Sep
Jan
4%
107%' 107%
4%
Middle States Petroleum class Art C—1
Class B
33
4%
4
Michigan Bumper Corp
Michigan Steel Tube
Michigan Sugar Co common
9% preferred
Middle
Mar
17% Sep
40
Sep
v
1
Micromatic Hone
■
A
;
100
Co
Metal Textile Corp common..
Sep
3
Co
preferred
Iron
Mid-West
Jan
Jun
Ac
4,900
25% July
Midwest Piping & Supply common
Oct
Feb
A
Mesabi
Miawest
Oct
7%
„
"l%
'
1 Va
B
Mfg Co
Chapman & Scott Corp—
Mid-West
Oct
82
Jun
Jan
Johnson
Mldvale
Jan
21
^
& Co class
Dredging
$2 non-cum dividend shares
Oct
3%
;22%
300
15%
200
Midland
111% Aug
Apr
250
14%.
150
_7%
*.
Sep
4
1,100
15%
37%
~7%
Oct
A,l% Oun
125
.....
3
37
"7%
(A G)
Molybdenum Corp.
Monogram Pictures common
Monongahela Power Co—
Illinois
Feb
37
common
Participating preferred
Jan
2%
2
Imperial Chemical Industries—
Amer dep rets registered
Imperial Oil (Canada) coupon
Registered
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
Jan
2%
5%
.10
Warrants
Apr
68%
i
Hydro-Electric Securities
14%.
Feb
13%
6
*10%
32
.11
common
$2.50 preferred
6%%
Jan
17%
Jun
300
2%
2%
8%
Jan
A Oct
13 A ; Feb
-200
1,900
•
iV
17
Feb
.43
1
Jan
16%
Merrltt
42% May
155
<
Oct
106% May
16% Jun
.8,000
*
A
5
•
Hygrade Food Products
7%
12% yl2%
^3%
common...
Corp
Menasco
,
33
Aug
,,30%
Jan
11
:
12% Aug
,
20
JL09
Common stock warrants
Huyler's common
1st conv preferred—
Oct
>14%
17
Mead
48%
Jun
133 A
625
33%
32%
109
81
10% Aug
-.1
;
May
8% May
74
-
Jan
39
5
600
114
31
12%
common.
Mfg Co
McKee
May
96
t.
Jun
3
100
31
Feb
7%
'
11
Mar
300
42
•
Jan
Jun
68
.
5
•
111% July
'
.10
Power Shovel
McWllliams
Jan
?8% Apr
12% Feb
;
t
8% July
600
12%: 12%
33%
Oct
20
"l%
,2% July
Oct
1,050
30%
100
25%
-1
10%
>Jan
6
>
•
common
Inc common
Humble Oil A Refining
Hurd Lock A Mfg Co
Hussman Refrigerator $2.25 pfd
.
8.% Mar
11
4,400
700
15
preferred
5%
Feb
-10
Jan
44%
;
3%
31
16%
11%
;
International Marine
Communication Co Ltd
"
9% May
11%
8% /
•
& Co.
A)
Horn A Hardart.Baking Oo
Horn
6%
'
(Geo
Hormel
common
11,800
Marconi
A 17% Mar
15%'
40%
Holly Stores Inc
Co
,
3%; 8%
8%
~P '
Oct
25
McCcrd
;'1
Sep
91
5
Oct
92%
(The B) Co
Mapes Consolidated Mfg Co
Sep
n
10
Sep
103%
Feb
25
Public Service Co
Rights
Sep
Jun
50~0
.
7%
71%. 71%
Holllnger Consolidated G M
1%
Feb
11%'
Macklntosh-Hemphlll Co.
8% Oct
108
12
-.100
Hoe (R)
Feb
Manlschewltz
12
100
%
66%
7%
;
Mangel Stores
7Va.Mar
A,
.700.
10 %
.
.
.
2
—-
preferred w W—
preferred w w_
Sep
77%
•
114
*
Oct
9%
1,525
A* 24%
Sep
14%
•
—
5% %
4%
7
15%
Sep
114
1
Feb
f
Feb
13%
500
12%14%
7
27%
Jan
2,450
103%'
88
40%
•
Sep
7%
102
300
1%
.
l"o~%
14%
.
24%'lMay
Oct
92
1%
101
92
28%
Sep
'Jun
25%
,
1,100
46
...
25c
Rubinstein
103%
100
Oct
"""800"
14
1%
1
Oct
28%
M
Oct
1% Ju(f
•
He am Dept Stores common
1%
100
preferred A ctfs of dep
preferred B ctfs of dep
Jan
1
Haxeltlne Corp
5%
9%;
13%
45
H
5
Hartford Electrio Light
Hartford Rayon common
'
8%
9%
•
Paper common
Oct
Mar
10%
convertible preferred
McClanahan OH Co common
4%
4%
I
Bridge Co Ltd
:
Jan
H
Lamp
26
Jan
Jun
6
13
•
17%
Jun
Jan
Feb
.—
Feb
6% Mar
23%
.1$
Ljmch Corp
Jan
5%
28%
Louisiana Land & Exploration
Louisiana Power Ac Light $6 pfd
*§ Jan
8
10
;
13% May
10%
-
•
Long Island Lighting Co—
" Common ctfs of dep
80
Jun
-200
-
9% Mar
24%
•
5%
Hall
Oct
Apr
325
McAleer
Hamilton
7%
10%
28%
Massey Harris
Hammermlll
Feb
Jun
28
7%
Jun
v
90
26*%
:
39
-
100
•
Gypsum Lime A Alabastlne
"A
-133%
132
Western
Stores
uxooery
Gulf
6%
9
.
25
Paper
100
200
*
Groceterias class A
Maine
100
v
7%
9%
600*
6%
'/'■ 5
; > 7 A
725
126%
124
126
•
Apr
7%
9%
4,700
Sep
Great Atlantic k Pacific Tea— A
; Non-voting common
7%
1st preferred
6% Mar
23
10%
32%
*
49% Mar
-300
9%
0
A
pfd—25
Apr
Jun
17%
Jan
Jun
3%
50
60%
60%
00%
10
common
Graham-Paige Motors 5 %
Jan
Sep
'
•
Grand Rapids Varnish
8%
Jan
10
43
Jan
A '45
50
Gorham Inc class A_
Gorham
2%
Jun
Jun
5%
19
800
16%
'
B
Goodman
Jun
35
Godchaux
6%
500
17%
Brothers common
Locke Steel Chain.
Lone Star Gas Co. (Texas)
Longlnes-Wittnauer Watch Co
Jan
20 *4
-
1,000
20
Corp common
—I
Llpton (Thos J) Inc 6% preferred
II
Lit
Jan
11%
19%
7%
5%
7%
20
1,600
Loblaw
21%
20%
(Adolf) Ino common.
Sugars class A_
'
Sep
10%
Oct
Jun
Jun
Jan
Jan
9%
5
Ino
16
5%
14%
Jun
10%
11%
500
10%
3,800
17%- 18
10%
Jun
Jan
10
I
Inc.
18%
Jan
10%
17%-
3%
8%
500
—1
University
common
(RG>
200
9,300
10%
-
•
"III
Tourneau
Jan
'4%
13%
5%
20
Lionel
4% Aug
6% Sep
■
Realty
7%
13%
4%
12%
12%
1
—25
Coal—.
Glenmore Distilleries class B.
Globe-Unlon
400
4%
11%
Gladding McBean Ac Co
Gobel
Laclede-Ohrlsty
Company
L'Alglon Apparel Inc
Oct
4
Co
Alden
Aug
8%
105%
4*4
Glen
6%
Jun
114% 115%
1
common
Jun
7%
95
Giant Yellowknlle Gold Mines
(AC)
5%
100
2%
2%
•
—•
1
.1
Gilchrist
700
8%
4%
50c
preferred—*
Georgia Power $6 preferred
56 preferred
Gerity-Mlch Corp
Jan
6
-
36%-37
General Plywood Oorp common
General
8%
•
103*% 103%
—1
General Phoenix Oorp
Jun
5%
8%
-JE1
1
10
•
pfd—:—100
ord reg
General Finance Oorp common
55%
8%
1%
92
55
7%
1%
56%
9%
1%
%
M
Jan
Oct
16% Aug
3% Sep
94%
Oct
Sep
2%
Jan
Mar
7%
Jan
Jan
Jun
67
10,100-
6
Feb"
11%
Apr
2,200
1
Jun
1%
Apr
65
Apr
75
Jan
34
COMMERCIAL &
THE
(1622)
YORK
NEW
,
New York Curb
Exchange
Y
II
Y
N
common—
Y
Y
11%
Shipbuilding
13
1,150
18
17%
"18
14%
14'/a. 14%
Corp—
Founders shares—
Niagara Hudson Power common
6% 1st preferred
5%
108,000
7%
41%
40%
Central
North
7%
1,100
North
_50
Co
RR
Penn
Oct
Scullin
Steel
Securities Corp General
Seeman
Oct
Segal Lock Si Hardware
1%
3,300
High
1%
21%
Oct
Jun
1178
Jan
2% Mar
1% July
19,300
2%
Jan
3%
Jun
1%
800
2%
Jan
8%
Jun
4 va
400
«;
3%
2
Jan
2%
Jun
1
Jun
2%
/ 20% July
28%
Jan
19 Va
Jan
-
24
23%
24%
1,200
15%
14%
15%
700
10
Jun
Oct
200
1
Aug
17%
300
15
Jun
17%
1%
1%
5,100
Oct
14 Va
100
'% Jun
12% July
1%
14%
■■■;,;
*
16%
Feb
Jun
3%
Jan
Oct
1%
1%
.
17-
__
1%
1
Co
1%
3% May
14%
,
500
2
'3
3
1
Inc
Bros
»"
2%
*
common
Oct
*
2
Apr
Jan
Feb
2%
Jun
Seioy
15 %
Jan
Selected
40
3%
Apr
Convertible
stock
5
21%
20%
21%
3,700
15
Jun
21%
Feb
$5.oO
stock
25
88 Va
87
88%
350
72
% May
88%
91
91
50
76
3%
1,000
3
4
5,000
2
Jan
89
July
82
107
tiuoe
Industries
prior
101%
7.000
5%
Sep
•
15%
15%
16
1,200
13 % May
Aug
Jan
Semier
19
Jan
6
Aug
Sentinel
3
Corp
Radio
common
3%
13,200
2%
Oct
May
91
Oct
Jan
5
Jan
4%
Jan
ik
%
300
%
Jun
it
Apr
1078
10%
200
8%
Jun
13%
Jan
2%
3%
22%
21%
18%
17%
64
63
3%
3%
24
1
1
Control
Safety
Serrick Corp class B
3
2%
3%
1
1
Inc
B;
(R
Sentry
1
Inc common
certificates
Allotment
11%
140
.—1
Aircraft Inc
Corp
Novadel-Agene
Manufacturing
Co
2
1
1
25
(Del)
Inc
Sep
2'/a
1,900
105%
Sep
Scovill
Oil
42
5%
105
4,600
1
Sayre Si Fisher Brick Co
Schulte
(D A) Inc common
li«
1,500
6%
25t
Savoy
Oct
43
5%
pfd. 100
Northern Indiana Pub Serv 5%
Northrop
*
3
Corp common
Oct
15
8%
21%
6%
•.
*
United
Sep
9%
7%
20 %
6%
„
1
12
Apr
Low
10% July
2,000
13
On Co
Apr
28
Range Since January 1
High
21%
1
49
Corp Ltd common
preferred
conv
uuiuts
Mar
%
26%
83%
2%
Lawrence
98'/a
xl02%
Apr
1,300
42
83%
Samson
Jan
8%
2,300
11'«
12%
__1
Airlines
Oct
Jan
800
.
American
Northeast
San.
-
14%
Jan
1%
Utility Securities.
Texas Oil
8t
Apr
•<:
92%
100
y:
Y
94 V2 Mar
850
.,110
.
43
40%
41%
Class B common
Feb
Jan
?;
14%
1$
class A—
Rayon
1J%
Jun
Low
.
Shares
Aug
20
Jun
15%
102 %
14%
Par
1st
**9%; "9%
y%
Mines
American
10
for Week
Range
oi Prices
Jan
32
Feb
600
97%
14%
Nineteen Hundred Corp common
North
8%
9%
Niles-Bement-Pona
Niplssing
.
97
Niagara Share Corp common
North
102
102%
preferred
2d
26%
5J
Merchandise
N
31
Rosario.
Honduras
&
N
31
Sale Price
High
Low
High,
Sales
Week's
Last
New York Curo Exchange
Range Since January 1
7% Aug
Co
Auction
of Prices
Low
Per
Friday
STOCKS—
for Week
Shares
Range
Last
Sale Price
ENDED OCTOBER 21
Sales
Week's
Friday
STftfKS
EXCHANGE
CURB
RANGE FOR WEEK
Monday, October 24, 1949
FINANCIAL CHRONICLE
—
Jun
'
Seton
Leather
common
Corp common
Ogden
Ohio
4Va%
Power
Pomdexter
Overseas
Jun
Feb
112%
27% July
31%
80%
30%
30%
1,200
8%
8%
8%
100
,.T 50
13%
14%
15%
9%
9%
Aug
Sherwin-Williams
Shoe Corp of America class
Jan
9%
Oct
Simmon8-Boardman
Breweries
$3 convertible preferred
Pacifc
Can
Co common
5
Gas & Elec 6%
5Va%
1st
1st pid
preferred—
Paciiic
Lighting $4.50 preferred
Pacific Power & Light 5% pid
$1.30
1st
Pancoastal Oil
(CA)
29%
Apr
103%
550
100%
Jun
105
Jan
98
Feb
23%
Jan
97
'*■
^
5,000
50
97%j,
94
200
24%
24%
'37% Aug
3/»
Pantapec Oil (CA) Amer sh
Paramount Motors Corp
*
3%
7%
1%
28,900
7/8
—
17,600
5
23 /4
23%
24
Parkersburg Rig Si Reel
Patchogue Plymouth Mills
1
10 %
10%
11
'Y' 400
•
--
Co
Peninsular
Ltd—..—
Telephone
Corp
ft Rubber
Pierce
Governor
Pmchln
Johnson
Ltd
ooutnweat
Southern
15%
Jan
6%
80
Jan
Jan
Mar
Pa
15
Aug
4.32%
18%
Oct
Jun
4%
Jan
29%
Apr
5%
4,000
4% Oct
241
244%
60
220% July
244%
Oct
2V» Mar
241
3%
Feb
29% Mar
Jan
10%
Oct
Speed Queen Corp
Jun
Sep
epencer
Jan
Y.7% Jan
87
Aug
93
28%
25
25%
Jun
28%
12
13%
8,700
8%
Jan
13%
Oct
Va May
I %
Jan
3%
Feb
%
Jun
5% Mar
4
37 %
Y'C 750
3%
100
3
54%
>
—
"% ~Y3
50%
700
15%
500
Jun
59%
8%
Jun
10
1,700
%
3,600
2%
3 Y-
1,900
2%
Jun
9%
600
6 Va
Jun
;" 9% Oct
3%
3%
100
2 Va
Jun
3% July
1,400
25
Jun
36%
Jan
110
14
May
18
Jan
Jan
45
May
29
29 %
16%
18
i
43
43
25
25
29%
44
29
28
25
25
29
250
•37
100
■
27%
29%
Feb
31
Apr
Mar
Sep
30%
31
1,600
28
29
29%
2,000
700
26% Mar
30%
23 Va May
26% July
26%
26%
6%
4
July
26
Jun
39
13%
1
15%
15
Jan
"
800
:
Jan
Feb
17 %
Oct
3
900
2'/a Mar
3%
Oct
4%'
100
3%
Ya
Jun
4%
Jan
8%
5
"2%
•
Btahl-Meyer Inc
*
—
Standard
4%
'
2.71
Co
Brewing
Standard Cap & Seal common
Convertible
10
preferred
<■■■
Oct
Standard
Jan
Standard OH
Jan
Standard Power ft Light com
Common class B
Forgings
—
.
1
.
9%
34 %
—1
3%
13%
13%
56%
Apr
Standard
Standard-Thomson Corp
Standard Tube class B
1
Starrett
1
"4%
18
18%
•
78
14
Oct
Feb
39
Mar
Oct
69%
Feb
14
600
Jun
Jun
25%
preferred
Feb
•
28%
24,300
1%
200
1%
3 %
Co
7%
.
112%
1
3%
10%
Jan
-35%
Oct
Feb
3%
Oct
Feb
3% Sep
Feb
-
Oct
150
Jan
5% July
400
V.
May
19
«
Jun
8
1,900
•
Products
Jun
16%
100
4% Mar
Jan
2%
400
9%
35
7%
Sep
$7
Oct
300
300
3 %
2%
10 Va
1,100
18
J
,
54%
1,500
55%
13
—
.
50
Jun
36%
/»
55 %
'
,
I%
300
Aug
9%
21 %
3% Y 3%
•
Y; l
Jun
Jun
17%
9%
3478
~3~%
"2% Jan
2,400
-
1%
1%
1%
2
"3
3
--
1
17
1
10
Corp
(Ky)
v
shares—
3%
Dredging Corp common
1
$1.60 convertible preferred
—20
Jun
5
16
3>/4
18
1,000
18%
7%
1
Standard
24 Va
Sep
bep
Jan
36
35
36
B
cl A
conv
Snoe Corp
8%
16
Feb
57/e July
Oct
'
Apr
Mar
3%
z7/e July
11
100
Jan
4% Mar
Jan
3
.( 850
15%' 15%
7
7'Y
,
I5'4.
.
41%
32% Mar
Jan
9
%
2%
106% May
Sep
May
28%
13%
16%
preferred
cum
Jun
3%
29%
preference
conv
1.4%
400
Edison—
preference
conv
400
3%
10
Line
Apr
100
54%
'
1
50
Jan
Jan
12.50
common
Pipe
California
Southern Pipe Line
Southland Royalty Co.
4%
3%
•
Pittsburgh Bess Si Lake Erie RR
Pittsburgh Si Lake Erie
Pittsburgh Metallurgical common
20
11%
18%
1
1
common
7
—
50c
.
Sep
300
'
,
common
15
15
•27
1
1
original preferred
cum preferred
4.56%
Apr
26%
625
36
36 /a
--
•
Amer
109% July
3%
•
4.88%
5%
.
i—2.50
Pioneer Gold Mines Ltd
Piper Aircraft Corp
Pltney-Bowes Inc
South Penn Oil
Jun
1%
100%
4%
—.i—20
common
Jan
Jan
47
104%
104
104,8
•
common
53
105% Mar
'
5
1
Manufacturing common
Jan
27%
41,800
.
1
Philadelphia Co common
Phillips Packing Co
2,600
"
•
«.
South Coast Corp
41
1U0
10%
Oct
64%
100
Corp
Jan
11%
Jan
Oct
Jan
67
£ 1
Manufacturing Co
Boss
4.48%
200
28%
9%
10 /a
-2.50
Pep Boys (The)
Pepperell Mfg Co (Mass)
Perfect Circle Corp
Pharis Tire
28%
-~
100
Penn Water Si Power Co—
Sonotone
3%
•
100
.
Apr
23%
—1
Co
July
17
Jun
3
(600
44%
44%
28
common
pfd
Traffic
4%
May
SSolar
24%
Apr
Oct
18%
18
18%
1
Solar All craft Co
(
4
10% Aug
25
Penn Gas Si Elec class A common
Penn Power St Light
4%%
Penn
4%
/S
•
common
$1 cumulative preferred
$1.32 cum preferred
Pennroad
4
2
Sep
26
May
50
Sep
Mar
,
38%
'
22%
Jun
•
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Sioux City Gas & Elec Co—
3.90% preferred
Smitn (Howard) Paper Mills
19
Jun
6%
19
150
33%
Jun
14%
1
Parker Pen Co
Patican
Aug
Aug
300
103
36
•
t c
v
36%
32 %
32%
--
•
common
Jan
15
9"
•
preferred
£
103/2
100
87/a
.32
34%
--
•
Pacific Public Service com
Page-Hersey Tubes
7%
7%
--
to
28
-—-
Aug
10%
Publications—
Simplicity Pattern common—-.
Simpson's Ltd class B
Pacific
19%
9,000
1
•
Silex Co common
Jun
6% July
-900
18%
15
•
Sick's
22%
6%
100
Oct
22%
*•**
•
A~
Ltd
Sep
12%
Apr
Jun
16%
600
"
Feb
3%
•
Canada
of
Oct
400
-■
11%
Jun
——
Mar
14
11
9%
1
Jun
2 %
"
•
100
preferred
4%
3
25
common
Sep
9%
Jun
8%
11
1
Securities
Sep
32%
13%
Inc
Sherwin-Williams
106 */4
1
O'okiep Copper Co Ltd Amer shares
Oct
75
15
Oliver United Filters class B
Omar
Shawinigan Water & Power
Sheller Mfg Co
150
42
100
Gas
Distillery
Sep
111%
110
110%
•
1
27/a
42%
42
•
preferred
Natural
Oklahoma
Old
Co .class B common
Brass
Ohio
80s
8
Feb
2
3,000
2%
2%
2%
8 Va
2,200
'#•'
—
Shattucx Denn Mining
77/e
Jan
Jan
3%
Feb
2%
Jan
'
(The)
3%
3%
Steel Co of Canada
2,000
Y
2% Mar
2
Jan
4%
5,800
2%
Jan
4%
76%
79%
280
67%
Jan
79%
24
26
400
19%
1
Corp
2%
2%
4
-w
200
Oct
Oct
'
Pleasant Valley Wine Co
Pneumatic
Scale
/:•
-1
common
&
Lambert
Prentice-Hall
Pressed
Inc
Metals
of
100
America
Puget Sound
$5
prior
Pyrene
13%
25 '■
11
96
30
91% July
5% Aug
Jan
Jun
26
Sep
Jan
Apr
96
Oct
Stetson (J B)
38
Jan
Stlnnes
9
Oct
32%
150
9
800
7%
Feb
11
800
8%
Jun
2,600
1%
Jun
1%
Jan
8%
Jan
10 %
Jan
Y
1%
1%
11%
Jan
7%
8%
600
7
Jun
•
9%
9%
100
9%
Sep
300
95%
Jan
102
&
Light—
375"
94 %
Jan
700
11%
Oct
15
Jan
100
5%
~7
7
7%
July
%
1
900
% Mar
1 %
Aug
3%
4
2,200
2% May
4"%
Jan
225
9% July
14%
Oct
% Mar
27/s
Apr
18 %
Oct
7
13
•
"1%
:
13%
1%
300
18 %
200
13
*
250
•
1%
17%
8
1
(Hugo) Corp
8top & Shop Inc
Stroock (S) & Co common
Sun Ray Drug common
Superior Portland Ceraent, Inc
Superior Tool & Die Co
26
9% May
"3%
1
1
Co common
Jun
100
11%
11%
1
13%
350
4%
4%
4%
17%
17%
2%
Jan
4%
800
Feb
10%
375
2%
Jan
10 '/a
100
17%
Oct
Apr'
14
13%
■
Oct
b.:i 5%' Jan
18
AUg
:
101% 102
—
■
2%
18
Jun
3
Jan
7%
1
Swan Finch Oil Corp
100
Jun
II
Mar
...
preferred
Co
1
com
Oct
of
Power
•
6%
10%
1%
& Co comiron
8%
8%
,9
(A)
14%
"
Jun
8tein
Sterling Aluminum Products
Sterling Brewers Inc
{Sterling Engine Co
Sterling Inc
8
99%
•
com
common
8
Manufacturing
10
.
99
12
12%
13%
11%
14%
7%
6%
7%
101 %
Aug
Jun
21 Va
Jan
1,400
9
Mar
14%
Oct
600
5
Jun
99%
12 %
•
Puget Sound Pulp & Timber
Pyle-National
1,300
32
1
Colorado—
cumulative preferred
4%%
4,300
6%
96
1
Providence Gas.:
Service
Jun
5%
6%
96
2.50
Corp of Nevada
Prosperity Co class B—
4%
'
*4%
13% May
5%
:
•
Producers
Public
5%
6%
•
common
*»«»
Jun
Jan
13%
25o
2.50
Co
3%
11%
jm
'/y'-
10
Polaris Mining Co
Powdrell & Alexander common
Power Corp of Canada common
6% 1st preferred
Pratt
\V;
:
—
;;
,
7% May
Tampa Electric Co common
Tecnuicoior
Texas
iuc
Power &
•
32
#
——*
common
Light 7%
pfd
: 32
31%
14%
14 V8
700
14%
123
100.,
10%
20
■
Jan
26
6,300
123%
Jan
120
May
13
Sep
32
Oct
15%
Sep
Feb
128
"
Thew
Quaker
6%
Oats
lioo
99%
153
Jan
100%
Oct
143%
Apr
156
Sep
Aug
85%
350
98% 100%
153
155%
60
Quebec Power Co
14% May
Tllo
common.
new
5
common
Markets Inc
Tobacco
——
Construction
&
Allied
•
Stocks
400
11
:
700
.1 8% July ;
8%
Jan
Sep
7% July
10% Jun
10%
Jan
170
52
80
800
:
13
78
—
Jan
13%
900
8%
12 %
17 Va
13%
Feb
11
——
13
1
14%J
10%
W'\V
8%
1
Realty
&
—
25c
Roofing Inc
Tlshman
14%
8
Corporation
Thorofare
13 %
•
common
preferred
Shovel Co
Thor
Q
80
Jan
13% Aug
Oct
Tobacco Security Trust Co Ltd—
Amer
Aadlo-Keith-Orpheum option
Raytheon
A
1
10
1%
24 %
•
preferred
Manufacturing
common
8
0.28
1
Rels
(Robert) Si Co
Reliance Electric Si
Engineering—
9
Rice-Stix Inc
22
1
6%
3%
c
21,200
6%
7%
3%
3%
*X/
3%
o%
20"%
x20%
Jun
1%
Oct
Tri-Continental
21% July
16%
1
—
Jun
4
■'
i
;
h00
i,5oo
_2%
2
2%;
17/B
Lux
Jan
True
Oct
Trunz
Apr
Tung-Sol Lamp Works com
Jun
7%
Jan
2% July
5%
4 Va
Corp
May
1%
Amer
Rome
*
dep rets for ord reg
Cable
Roosevelt
Com
217/B
convertible
Field
common
8
( 6,200
1%
Jun
2%
Jan
Ulen
Unexcelled
Chemical
Jan
Union Gas
of
1%
Apr
Inc
8
10
(The*
Corp common
Royalite Oil Co Ltd
Russeks Fifth Ave common—
Rvan
Aeronautical
Ryan
Consolidated Petroleum
Ryerson
For
Co
foatnoter
see
page
89
25
18% Jun
4%
21%-
4%
20%
2%
4%
1,100
2,000
400
8
7%
8
8%
7%
8%
Jan
'
Realization Corp
—
34,100
Jan
Jun
91 Va
Jun Y •7' 60
Jan
Feb?- Y : 2% Mar
Jan
98 Va
Aug
U
2,300
■ft
Jun
n
Jan
3,100
Y " 3 Vb
Apr
4 Va
Jan
2%
2%
5,900
2 Va
Feb
2% Mar
GOO
15%
18
■
mm—•
18%
'
'
'-
„
■
5%
4%
5%
9%
9%
10%
8 %
May
4
'Jan
20% Aug
Jun
18 Va
July
19%
Oct
24%
Jan
2,600
3%
Jun
7%
Jan
1,000
8%
Jun
11 Va
Jan
1%
Apr
3%
Oct
'
•
$3.75 pfd series A
Union Stock Yards of Omaha
United Aircraft
10%
5%
37
Products
Oct
United
Chemicals
•
1%
Jun
100
7%
Jan*
6%
Jan
750
92%
Jan
53% May
61%
Jun
3%
'
Apr
United
Corp
United
Light ft" Railways
8%
Sep
Oct
United Milk
10 Va
Feb
75c
participating
61%
220
2%
5,500
2 Vb
37
35
36
7
%
..'
•
98 V8
60
-
2%
•
warrants
Corp
Products
—
50C
Elastic
97
98
100
com—
common
Feb
8%
~5%
4%
5%
800
4% July
6%
Jan
4%
4%
4%
1,600
3% Aug
5%
Jan
5%
5%
900
3%
6%
Sep
400
%
32
13% Aug
7 Va
Oct
Jun
Jun
34
Feb
32 %
Oct
7% May
10%
Jan
Jun
21 "
Mar
"»% Ausr
4%
Feb
Oct
246%
Feb
13,200
8%
8%
8%
100
•
preferred
Jan
Vb
•
common
Oct
Jan
Aug
40
21
32 Va
*
May
T5%
31 Vb
——
32
Sep
150
34
32 Va
r
1%
100
25,800
33%
7
-
15%
__
•
1
•
Jun
Oct"
900
2,700
'
— —
15
•|
u
3%
12 Vb
tt
3
12 Vb
Union Oil Co of California—
Jan
Feb
Jun
'
3%
4
Sep
5% Aug
678
v.
——-
27
United
x67/a
100
fl
Corp
'
1.25
1%
4 Va"
%
Canada
967/s
—
22
•
1
35.
80
1
,
Havnea common
96%
8.300
x39
3%
•
Jan
2%
10
125
'
U
21%
25%
23
9%
98%
100
4 Vb
Jan
Jun
—
9%
2 Vb
97 Vb
——
"
preferred
19%
23
£1
Rotary Electric Steel Co
Rowe
23
500
2Va
Jan
xl7% July
80c
600
96
100
45-V
44%
2Va
1
Union Investment Co
Rochester Gas & Elec \% pfd F
Roeser & Pendleton Inc common
Rolls Royce Ltd—
Feb
Mar
4%
750
7,900
45
•
Inc
21%
2
%
6%
Jan
3
Temper
1,800
Jun
'
warrants
23%
26
3%
100
2%
Corp
56
% Mar
21%
Grande Valley Gas Co—
t
■
1
Richmond Radiator
v
Trans
52 Va Mar
*
(Texas Corp)
300
1%
•
Reading Tube Corp class A
Regal Shoe Co
Rio
500
22%
Oct
200
24%" 24%
19%
A Oct
Tonopah Mining of Nevada
Packing Co common
Raymond Concrete Pile common
convertible
1%
Jan
Jan
%
250
It
15%
11,800
3*3
xl9
10
Rath
$3
%
19%
%
warrants.
Royalty Corp
Toledo Edison 4y» % pfd
%
%
5s
20
Iuc
—1U0
1
1
Shipyard Corp common—
Toklan
'
Railway Si Light Securities—
VoLng common •
Railway Si Utility Investment
£1
dep rets ord regis
dep rets def regis
Amer
Todd
R
-J".
4%
4%
ft
Oct
-
United Molasses Co Ltd—
Amer
dep
rets ord regis
United NJ RR ft Canal
.
,
.
100
.
•»«*
.
238
w-
238%
30
238
Volume
170
Number 4849
•
THE
COMMERCIAL
NEW
&
YORK
CURB
RANGE FOR WEEK
Week's
Friday
STOCKS—
Last
New York Curb Exchange
Sale Frice
FINANCIAL
ENDED
CHRONICLE
EXCHANGE
Sales
Friday
for Week
Range
of Prices
BONDS
Shares
Uuited Profit
10%
Sharing
United
Shoe
—10
—_
New Yora Curb
Range 8ince January 1
common—
Specialities
S
and
1st
U
S
Rubber
1%
Apr
7%
46%
5,l2o
52 Va
Jan
39%
40%
433
37%
Jan
41%
6%
Jun
9%
7/a July
12% Mar
1%
9'/2
8%
9%
1,200
1%
1%
1%
2,900
14
•
4%
900
3%
3.800
84
4%
2%
225
4%
3 Va
1,400
_2'A
1,500
42%
44%
1,050
2
Light
ex
Oct
Sep
6 Va
Jan
1%
Jun
1% Aug
Jan
July
Aug
27%
26
Jan
2~5%
50
2%
3'A
2,500
2
•
23%
23%
23%
1,500
21
ctfs
escrow
Nov
Nov
1
1
1940
1947
1952
coupon
Corp common
convertible
preferred
21%
1
3%
Feb
Jan
Venezuelan
Venezuela
4
5
(.4%
*
Petroleum
bb
29%
1
5%
bO
29 %
Extended
at
4%
J-J
Inc
5%
2'/a
3%
Ohio
11%
25%
Power
1st mtge
Jun
34% Mar
3%
Jun
5%
Jan
l7/a May
3%
Oct
12%
Jan
W
Waco
Aircraft
Co
•
1%
1%
1%
1%
700
U
108 Vz 108%
108%
109%
100
102
.1967
Af-S
.1961
Waitt & Bond
$2
Watch
Co
t
v
May
•lVa
11%
10%
11 Va
800
6%
Jun
11%
1
VI Va
Sep
iva
1%
9,200
108%
1
.
preferred
cum
Waltham
Ward
Inc
wi
c
Baking Co warrants
Warner
Aircraft
4%
Corp
1
M-N
Western
Tablet
&
Stationery
Westmoreland Coal
Westmoreland Inc
Wichita
(Wm)
Wickes
Williams
Willson
Winnipeg Elec
1st
mtge 3y»s
1968
(P
W)
6%
26
Apr
Feb
33
.•
200*
25
36
Jun
14
Jun
16
3
400
2
May
:
8%
16%
8
7
200
8%
7
'<■
150
11
11
9%
4%
3%
13
ll'/s
13
13
23% Feb
10
Interest
1964
5s
1960
Steel
Boston
Edison
Central
States
6s
12
6,300
Week's
Last
or
,'
3%s
revenue
Bonds
J-J
1966'
Debenture 5s
Debenture"
M-S
—
103%
Sold
High
Jan.1
No
Low
22
'Debenture
3s
& Pwr
(Bait)
' 1st ref mtge 2%s ser Q
1st ref 2%s series R
17
Consolidated
Gen
89%
-
103%
90%
108%
165
103%
89%
101%
City)
*'92% 104%
1st
of
mtge 4s
A 1st
N
89 %
97%
12
102%
104%
105% 106
J-J
103% 103%
13
105%
107%
96%
97%
255
J-D
87
&
RR
Af-N
AO
111% 111%
Jf-N
56
40
6
Finland
J-J
1956
-.
M-S
Mountain
6s
ser
A
&
3%s
Power
Western
125
M-S
.1950
-
Green
153%
.1961
stamped
Grand Trunk Western Ry 4s
Guantanamo
J-J
V
19e3
—
100%
International
„
A6%s
A 7s
:
Power
series
A6'/2s
——
/;>.
(Aug
A7s
71
F-A
5
#■**!•»
45%
99%
20
Util¬
trials
t
186.33
Oct.
17
184.72
Oct.
40%
58
r
„
46
103%
~
106%
17
32%
71
77
18
31 VA "
77
64,
.
69
4
32 V2
'
*
69
63
70
7
31%
70
64
70
5
37
70
65
66
7
32
66
j
;
Averages
Total
65
10
Indus¬
10
First
Second
Grade
Grade
10
Util¬
Total
104
105
3
103 7%
106%
99%
101%
J-J
1101% 103%
F-A
1106'A 106%
U-N
A-O
A-O
82 V2
1127
tor —
—
107
76'A
'
135
95%
123
77
J-J
40%
40%
2
A-O
41
41
130
63
.77
7
3
18%
52
18
52
30
J,
59
V
54
54
3
125
1940
—.
150
1956
coupon
1947
—
28%
52
.;
93%
26
125
1956
coupon
Hotel—
debs—
92%
M-S
1954
50 y4
—.
92%
107%
82%
97
1964
J-D
1107
106%
108
1960
J-D
120
120
5
118%
120
1959
3'/2s
F-A
101
101
1
100'A 103
.
Union—
f debentures
101
Interest
Exchange
Week's Range
Last
or
Sale Price
Period
Bonds
Friday's
Bid & Asked
A20-year 7s
Bogota (see Mortgage Bank
ACauca
Danish
Valley ,7s—
Jan
Cons
J-J
171%
J-D
145
1947
-
1948,..
. v."
Municipal Loap—
1
'
37% »r„46%
"
80
80
178
90
7
5J/2s.
1955
U-N
5s
1953
F-A
1952
J-J
16%
8%
M-S
13%
13%
2008
U-N
131%
33%
1951
J-D
1947
Af-N
1947
A-O
148%
J-D
J-D
134
2008
J-J
131%
1997
J-J
18%
18%
2012
J-D
30
30
1919
M-S"
1921
J-J
Danzig Port & Waterways—
AExternal 6'/2s stamped
City
Interest
(Peru)
70%
(«.! "
83 Va
70
V
i82
6'A
12%
4
13%
15%
24%
33%
27
37'A
46'A
—
stamped (Plan A)
reduced to
AMedellin
stamped_1958
6'/2s
ilVa
71%
46
External
ALlma
High
J
of)
—
7s
2yaS
stamped
of Bogota—
45
45'A
Mortgage Bank
A7s
(issue
(issue of Oct
of
1927)
May
1927)
1931
1972
AMortgage Bank of Chile 6s
Parana
41%
73
49%
34
72
34
61 Va
80
8
stamped (Plan A)
Interest
Peru
148%
reduced
(Republic of)
Is to 2'/2s
to
2'As
26%
31%
23
15%
18%
2
34
24%
30
—
—
(ser A B C D E)
reduced
(Plan A)
2%
to
4
30
Government
6%s
-
•
2%
41
2%
2%
V2%
2%
.
2
3y4
16
2
3%
•No
Odd-lot
par value,
a
transaction
Deferred delivery transaction (not included *n year's
(not Included In year's range),
f Ex-distribution.
g
40
d
A Bonds
being traded flat.
;
transacted during current week.
Abbreviations used above-"cod," certificates of
\
4
deposit;
■
t*
voting trust certlflcAt#s,
4
(35 Stocks)
Closing-
»
„
ities
Bonds
Oct.
15_
33.51
High
105.68
99.49
Oct.
17—-.!
33.45
Low
48.54
38.20
66.24
102.89
104.07
84.77
105.70
99.36
Oct,
18—
Inc.
Range for 1949
33.70 Oct 21
33.44
49.21
38.25
66.76
102.95
104.21
84.86
105.75
99.44
187.04
49.11
38.22
66.91
102.85
1C4.25,
85.01
105.68
99.45
186.64
48.54
38.30
66.67
102.81
104.18
84.84
105.69
99.38
Oct.
21—
186.20
48.51
38.35
66.59
102.79
104.30
85.00
105.65
99.44
,
/
Over-flie-Counfer Industrial Stock Average
85.14
19
Oct.
j.—
19—
—
Oct. 20Oct. 21
—
:
,
"cons/; consolidated;
stock;
vtc,
warrants.
tlve; "conv," convertible; "M," mortgage; "n-v," non-voting
"wl," when issued; ,"w w," with warrants; "x w," without
104.18
20
for cash
/
v
SReported in receivership.
Date—
h
Ex-stock dir.
principal,
n Under-the-rule transaction (not included In year s range),
r Transaction
(not included in year's range),
x Ex-dividend,
y Ex-rlghts.
z Ex-liquidating dividend..
102.95
Rails
Low
.
66.88
Rails'
Jan. 1
No.
171%
Stocks
trials
Range Sines
Sold
High
,A-0
ities
.
104'%
'
-
20
85
75%
76
38.36
Oct.
1
106
Compiled by National Quotation Bureau,
Oct.
—
-105
106
JFriday's bid and asked prices; no sales being
71
65
186.12
18
105
49.33
roads
.
FA
Mortgage Bank (Col) —
A20-year 7s
April 1946
A5%s
-Bonds-
15
Rail¬
106%
102%
40
10
30
106 Va
Agricultural
e
2
,
45
-Stocks-
Indus¬
114
103%
105 VA
A-O
—1946
New York Curb
102% 103%
70,'
Sleek and Bond
15
1
1
Newspaper
conv a
ARusslan
Below are the daily closing averages of representative stocks and bonds
listed on the New York Stock Exchange as compiled by Dow, Jones & Co.
Date—
6s
65
70
J-J
1952
(July 1941 coupon).
'
—
—
.1952
Oct.
ex
Interest
—
52%
■
65
-
-
*•'
coupon)—— 1957
A 7s series F__
109'%
1946
;
Rio de Janeiro stamped
50
—
143%
"
70
.1957
1941
A7s
118%
33
:
coup)—— .1955
series E
A7s
48%
100%
96%
54
1103% 104
J-D
1955
1941
63%
32%
60
45%
45%
r
'
U-N
.1970
Wto.
w—
Industries—
A7s
116
103% 103'A
__
——
C
(Dec 1
112%
49
100% 100%
■
J-D
1958
(coupon on)
3 %s
Sec— '
with Dec
Western
101
Service Co—
Waldorf-Astoria
RR—
Indianapolis Power & Lt
Electric
Dec
104%
100%
'
23
1106'A 108
1950
*
stamped
income
161%
105% 1055A
105%
1966
I
Hydro-Electric Co—
A 5s
00
1109% 110%
M-S
—
155
— to.
'
Ex-coupon market
107%
111%
100% 100%
117% 117%
Nov 1
5s
104%
102%
40
1947 coupon — .1953
Residential Mtge Bank—
ex
105%
*
56
May
1965
5s
Af-S
*6—
H
101'%
Corp—
A 7s
106%
99%
99%
11
33
Ercole Marelli Elec Mfg Co—
A6%s with Nov 4.1940 coupon. .1953
A6%s
97%
104%
103% 105%
102% 104%
106% 107
199S
—
1100'/a 101
A6'/2s with Aug 1 1940 coupon—1953
A 6 '/2s ex
Aug 1 1947 coupon
1953
United
3
1988
Mortgage Bank of Denmark 5s
Eastern Gas & Fuel 3%s
Elmira Water Lt
Terni
—
B
ser
2nd
27
1970
3'As
3rd stamped
(Hugo)
A 7-4s
51%
—
trust
(Hugo)
A 7-4s
Stinnes
Maranhao
1105% 106%
J-J
A-O
1993
A
ser
m|ge 4s
; 91%
107%
104
Division—
J
Stinnes
lCO'A 161'A
External
2
Delaware Lack & Western RR—
Lackawanna
collateral
26
1970
3'As
(Calif)
Elec
&
106%
—
104% 104%
J-J
1971
Gas
106 %
losyi
„
1973
Gas
_
49
1954
(Bait
5s
161%
A-O
Friday
100%
47
1976
4%s
B
ser
inc 5s
109
3
1962
Gas
mtge
98%
1981
2 %s conv debs
51
105%
125
1973
AStarrett Gorp
106%
—
—
149
9
*
Co—
BONDS
105%
160%
104 % 104%
■■■11
A-O
1st ref mtge 3s ser P—_———, 1969
;
106 J/2 106 %
%
106
102% 103%
Af-8
1977
Consol Gas El Lt
106'/2
High
105%
103% 103%
89%:-,
1969
1
J-D
J-J
Foreign Governments &
106% 106%
1163% 166
98%
1958
5s
99'A
Low
M-S
1978
Jan
106%
93
Range Since
'
of 1947
ser
5s
108
103
3
99 Va
coupon—1960
Gas
A
Counties
Range
Friday's
tl05% 106%
Chicago Transit Authority—
Cities Service
105%
-to.
99%
8% May
Bid & Asked
J-J
1954
-
10
1105'/e 106'A
99%
2tV Apr
108% 108%
J-D
1948
Jun
ltt Jan
Corp—
debentures
5%s debentures
106'A
Jan
,
5s
;
&
5s
Oct
14
Sale Price
Q-F
1970
Electric
104% Mar
Jun
Aug
J-D
1998
2%s_:
Jun
8%
Canada—
series 1C—
Bethlehem
98
10 Va
J-J
of
105%
104'/2
coupon—1960
1940
1947
Washington Water Power
500
J-D
Atlantic. City Electric 3%s
103%
1
105% 105%
J-J
3'/4S_1964
West Penn Traction 5s
Apr
2,300
Low
1970
65
25
108
15% Mar
2%
'a
Period
57
104'A 104%
1107
33
13%
12%
Appalachian Elec Power 3%s
Telephone
Jun
x6%
Exchange
60
105
Co—
1st mtge 3s
Jan
175
Friday
Bell
Oct
5
200
2'/8
BONDS
New York Curb
series
Southwestern
Apr
8
11
13%
£1
•
1
Elec
Spalding (AG)
Jan
Feb
31
5s
_
9
8% July
2% Apr
800
102% 102%
12
11%
May
Jun
31
8
19
,
5%
50,
300
4%
.V
preference
Oct
ex
1st & ref M 3s
Sep
7
13
2
Wright Hargreaves Ltd
'/2s with Oct 1
Southern
Oct
3%
15% July
300
V
102%
105'A 105 Va
A-O
1964
;
& Power
Hydro-Electric
Jan
22
50
•
receipts
Jun,
20 Va Mar
16
100
common
27%
21%
16
.
pfd
21%
21%
1
Ltd—
American deposit
155
Jun
"*
159
104%
A-O
1971
-
1st mtge 3s
Southern California Gas
Feb
Jun
20
24
3
25
common
Petroleum
Woolworth
115%
138
154
"16%
__1
w
Wisconsin Pwr & Lt 4'/2%
Woodall Industries Inc
Woodley
Sep
21%
•
common
w
87/a
2% Feb
;
16
__5
Inc
Brothers
preferred
Apr
6% May
112
Jan
33
10
& Co
Products
Wilson
5%
Corp„_
Corp
(R C)
1%
300
1
Oil
(The)
% July
7%
221/4
1
& Co
River
2,200
7%
154
10
Weyenberg Shoe Mfg_
Whitman
v/a
20
.—
1% July
4% Oct
:^1vv
•
com
Jan
Mar
4%
;.77/«
A-O
U-N
Apr
9%
111
Sep
4%
M
Wentworth Manufacturing
1.25
West Texas Utilities $6 preferred--*
Western Maryland Ry 7% 1st pfd__100
l7/a
1% Julv
1,150
1102% 105
J-J
Jan
30
1% Aug
7% July
Wagner Baking voting trust ctfs ext.*
7% preferred
100
40 Va
100% 100 % '
50-year 6%
debs
1898
Queens Borough Gas & Electric—
5%s series A
1952
"
200
21
F-A
.1963
3s
Public Service
3'As
1%
l'/a
52%
36
36
J-J
1970
A6%s
Apr
10% Aug
400
27%
J-D
to
Park Lexington
Jan
71
9,600,,
11%
87
52
.1966
Light 4V2s
Milwaukee Gas
A 6
6%
Sep
7,600
3%
11%
High
62
50
—1956
Safe Harbor Water Power Corp 3S-1981
San Joaquin Lt & Pow 6s B
—1952
Southern California Edison 3s
1965
4%
20c
•
Syndicate
Vogt Manuafcturing
Low
—1969
New England Power 3'As
Oct
y24% Sep
Jun
61%
150
Jan. 1
No.
125
—1963
3'As
$4
Range Since
Sold
86%
150
1952
coupon
McCord Corp deb 4y2s
Midland Valley RR—
Piedmont
Valspar
Bonds
High
86
86
J-J
Superpower
Pennsylvania Water
Vanadium-Alloys Steel Co
Friday's
Oct
Jun
25%
2%
,
or
Bid & Asked
Co—
Kansas Electric Power 3%s
Kansas Power & Light 3'/2s
Jan
2%
50 %
Feb
5
common
A 7s
Altalian
35%
—10
—10
common
with
24
—1—
Week's Range
Last
Sale Frice
Isarco Hydro-Electric Co—
Oct
86
Jun
Debenture
Jan
3%
Jun
Power
A 7s
16% May
Feb
73
1
~2~ 'A
-50c
-
&
14%
3%
84
.
1
Insurance
Power
13%
3%
_
1
_
Reclaiming Co
A
Aug,
warrants—.—*
common
Interstate
Jan
45%
1
Securities.
with
Universal Products Co
Utah-Idaho Sugar
Utah
Jun
4% Aug
42% May
«
Period
Low
40%
Consolidated Oil
Universal
%
—'
•
.
1
United Stores Corp com
Universal
500
-10C
Corp
International
preferred
Radiator
U S
%
Interest
Exchange
High
45%
common
U S Air Conditioning
$5
Low '
25
U S Foil Co class B_.
U
'
to.—
'
High
—25
Machinery
Preferred
United
'
;
_25c
com
preferred
Low
35
OCTOBER Z1
v
Par
(1623)
i.——
27.79 Jun
15
Range for 1948
33.66
33.66
High
37.83 Jun 10
33.70
Low
32.37 Dec
29
...
COMMERCIAL
THE
(1624)
36
Monday, October 24, 1949
& FINANCIAL CHRONICLE
Transactions at the New York Stock Exchange
Transactions at the New York Curb Exchange
Daily, Weekly and Yearly
Daily, Weekly and Yearly
Railroad
and Mitcel.
Bonds
373,000
3,029,000
Saturday
3,014,000
—
1,267,910
2,656,000
2,725,000
3,110,000
2,750,000
f2,449,000
223,000
6,735,574
$14,443,000
$1,580,600
1,132,150
1,214,510
308,890
143,000
348,965
146,000
1,773,875
$777,000
$16,034,100
$7,500
Total
Jan. 1 to Oct. 21
196,464,644
$7,500
$6,000
$468,500
$1,101,500
3,000
1,000
876,000
3,754,000
1,580,600
1,623,000
73,922,070
68,506,140
14,443,000
17,259,300
548,130,700
7G4,639,800
$16,034,100
$18,889,300
$623,397,270
$838,001,440
$915,000
Jan. 1 to Oct. 21
1948
1949
1948
'
1,771,895
47,901,557
60,725,536
$1,148,000
$28,542,000
$41,006,000
127.000
222,000
15,000
8,073,000
1,371,000
7,396,000
11,000
$915,000
Bondt
Total
$11,000
$777,000
Bondt
Railroad ft Industrial
1.54,000
1,773,875
Stocks—No. of shares.
239,860,572
Bank
187,000
1,000
$127,000
,
1,000
7,000
:
132.000
43,000
1949
6,644,130
161,000
2,000
t
Week Ended Oct. 21
1948
1949
1948
243,000
3,000
18,000
.
$38,000
-
$4,000
37,000
Friday
$3,000
-
21,000
121,000
112,000
Total
Corporate
$1,000
$37,000
Thursday
2,676,500
1,500
$3,000
Foreign
Foreign
218,000
Wednesday
6,735,574
Foreign
Bondt iPar Value)
Government
291,585
Monday
Tuesday
367,600
U. S. Government
International
.
312,375
/ 383,610
3,306,000
3,117,600
$6,000
Week Ended Oct. 21
of shares
;
Domestic
128,450
i.
196,000
283,000
J™
Stocks—No.
✓
Sharet)
Week Ended Oct. 21, 1949
$891,000
1,368,910
Total
Sal**
of
$138,000
_
Friday
(Number
Bondt
Bondt
1,289,340
Monday
Tuesday
Wednesday
Thursday
Stockt
Bond
$753,000
,462,754
Saturday
Total
Government
Bank
Foreign
Bondt
Sharet
Week Ended. Oct. 21, 1949
United Statet
Ini'l
Stockt
Number of
$1,385,000
$37,986,000
$49,810,000
*
Domestic
Foreign
Foreign
e
government
corporate.
Total
1,408,000
1;
OTHER STOCK EXCHANGES
•
WEEK ENDED OCTOBER 21
RANGE FOR
Week's
Friday
Boston Slock
Friday
Par
Low
American
Agricultural Chemical
American Sugar Refining
100
American Tel & Tel
American Woolen
39%
100
144%
m
24%
_
_
30-
46%
32% Mar
3,291-';
•
40%
Jun/
138
45%
26%
229
22%
Jun
38%
Feb
28%
454
25%
Jun 1
35
Jan
108
108%
44%
230
r
45%
1,356 '■
100
Apr
120
July
46
Oct
Gossard
Great
Boston Elevated Railway—
Stamped
—j
7%
14%
class
100
prior preferred
5%
A 1st
32%
"4%
100
pfd stamped
4%
12
19%
Aug
Jan
Range Co
:
10%
—
33
180
5%
3 V* July
17
100
14% July*
17%
720
38% July
65
50
12%
1st preferred
6%
5%
Lines
Inc..
Sep
Safety
Kennecott
295
23%
Jun
33%
551
40
Jun
56%
14%
15
132
pfd
—_20
63
50
68%
46
Jun
59
8
Aug
H)
Inc
•
United
Fruit
United
Shoe
U
S
Rubber
6
96
Aug
14
Jun
17%
76c
1%
5%
Apr
15%
Jan
1
5%
14%
Co
18%
18
Electric
50
36%
325
70
51%
50
3,324 ;
51%
45%
46%
,
33
29 Vi
245
120
117
13%
12.50 '
575
33%
117
—
Corp
312
27%
45%
100
—
150
35%
10
Vermont & Mass Ry Co
Waldorf System Inc.—
8 %
240
635
25
common
13%
28
29%
15
588
,
108
4% Aug
13 %
=
,
Jun
Oct
Friday
Par
Abbott Laboratories
Acme
Steel
Admiral
Co
Advanced
common
new
Corp
Aetna
Bali
Allied
Laboratories
Bearirtg
43%
.10
__
„l
28 1
20%
19%
20
&
Feb
19%
Jan
18
29%
Jun
36%
35%
44% Jun
43%
31% Aug
115
128
Sep
14%
20% May
CO
vtc
•
common
6%
common
6%
21
'
Sears
7%
Washer
.1.3
common.:
—3
Bfistian-BIessIng Co
Belden
Mfg
Bendix
—10
common:.
Aviation
Co
10
common.
5
}
Berghoff Brewing Corp
Binks Mfg Co capital
Borg (George W) Corp
Borg-Warner Corp
;
1
4%
'
——
'
5%
33%
5
common
Brach & Sons (E J) capital——.
Bruce Co (E L) common
Burton-Dixie Corp
Butler Bros common
10%
5
Jun
87/a
Oct
87/a
Apr
l7/a
4%
100
2
Aug
57/a
Jan
2
2%
450
5%
6%
1,200.
34
200 '
.
1%
Biscuit
Jun
25%-Jtm*
■
36%- Jan
650
11
Jun
15%
100
27
Jun
34% Mar
12%
100
11
11%
1,400
53"
53
53%
300
54
54%
150
17%
19
17%
17%
8
8%
3%
Feb
Jun
7%
Jan
10
Jun
13%
Jan
9
Feb
11%
43
Apr
55%
Sep
Oct
40
Mar
54V2
Oct
4%
700
12%
3
Central Illinois Light w d__
Central
HI
Secur
Corp
Convertible preferred
2%
5%
6
2,400
Central ft s W common
—5
Cherry Burrell Corp common
Chisago Corp common.
Convertible preferred
Chrysler Corp
Cities Service
25%
Coleman
(The)
Commonwealth
Consumers
Co
Cumulative preferred (new).
For footnotes
see
page 44.
25 Y2 Mar
Jun
20
50
•6%
100
16%
100;-
12
14%
1,000
"6%
50
y6
;<
%
24%
__
33%
•' *
;
9
34
10%
10%
100
24%
25 %
11%
23
23%
42%
1
24%
•
"
26V4
Jan
"
Sep
35
Oct
JUn.
12
Jun
8%
42% Oct
Jun
13 %
Jan
28%
Jan
,13%
Apr
22
Apr
150
10%
Jun
900
•19,.
1,300
Oct
• Jan
—
p
July
30% July
40
Jan
GVz
Jun
700
Oct
17%
22
50'
24%
33%
24%
Jan
13
Feb
5
Jan
Jan
8
19%
Jun
47/8
,
.
Jun
14%
200;:
y
23%
Jun
9
250:
Jan
9
5% Aug :,
157/e Sep
"250
>
"
:
1~ "
2 '
5%
23%
5%
5%'
100'
8%
100
7
24%
Jun
4% Aug
8%
'
•
lnd
•"
.6%
.
/10
Jun
208
U
S
Co
.10
Tool
capital
.25
(
•
Sep
Jan
Mar
Cumulative
Woodall
Inc
Industries
_
34
,14%
14%-
: 100
20%
Jun
Feb
9%
32%
10%
Jun
24%
2,000
25%
Jun
28%
28%,,
; 200
20%
Jun
15%
15%
50
10%
Jun
15%
82%
82%
150
73% July
82%
Oct
12
12
500
10%
Jun
12
Oct
12
12
Jun
12
Oct
14%
16
9% July
16
Oct
■"'.3%
Oct
—
_
——
5
•IT
-
'
15%
-
Corp
Air
Lines
Inc
•"
32%
"
9
50
800
Oct
% Mar
4% Mar
34%
21/4
common
new
Co
10
Oct
131/2
Jan
Columbia Gas System Inc
300
9
Feb
11%
Oct
nrmMrwmtftl
50
61
Jun
651/4
45%
Jun
57%
Jan
Jan
Farnsworth Tele ft Radio
Untnn-.
Feb
64%
Oct
15 %
Aug
281%
Jan
General
Jan
29%
Sep
Graham-Paige
38
Jan
2%
500
27%
28%
25 %
300
.99
99%
Jun
Oct
——
Publie
Utility Corp
14%
Jan
25 %
Jun
35
Jan
19%
"
Jun
26%
Jan
'
-
.
86
29
400
23%
Jun
13%
13%
200
10%
14
100'
103% Jan
>*33%. Jan
Jun
14
—•
4200
28%
99%
.100
..25
,
*
IIIi
—r
-MM.
11%
—*
MM.
*
I
4
Nash-Kelvinator
5
>
5%
•
7%
'
11%-
11%
May
.
.
5%
200
8
'
M—
miimt
.
.
1,400/
^
MM
'
37%
15%
2
.,
15%
J-'M •'
500-
"
15
'
„•
5%
7%
1
Jun
Oct
Apr
-8V* Jan
Jun
9%
Jwr"
May-
34 V* Jun
11% Jan"
Sep
14%
11%
9% Jun
10
1,100"
37%
HI 8
Motors
Laclede Gas Light—
Corp
10% July
M
-
Jun
10
"500
25
-
Feb:
iVn
1,000
13%
8
Electric- Co
39%
Jun
100
3
10%
—'
Curtlss-Wright
General
22
Oct
.28% Oct
•
Ry
150
25
.
9%
i:
10
*>/;-'
13%
-10
•
50
.
13%
1150
Armco Steel
Certain-teed Products
200
'
'
3
•
Oct
3,700
100"
10 %
1
com.
13
33%
200
Oct
14% Mar
32%
23 %
—I
Jan
Jun
2
Sep
Jan
24%
;
6%
„
41%
-
Stocks—
Unlisted
American Radiator ft St San
19%
46
Jun
100
Oct
Jan
27% Aug
Jun
1,000
-
13%
May
42%
41
11%' Jan
\63
32%
IIII2
American
29%
20
44%
40%
_•
capital
Alleghany
19%
1,050
.
Feb
8% July-
44
_•
common
Mach
Feb
28%
27%
Jun
49%
300"'
350
'
common
Jan
63%
9
400
10%
24 Va
preferred
17%
28%
Jan
—7 "
_
-12%
22
500
Feb
Jan
32Y4
14%
—II*
common
Jun
200-
41
11%
Jun
'
Jun
1,100
Jun
Jun
407/a
__
Oct
Sep
Mar
10
Bankshares
Yates-American
9%
63
27%
27%
•
(new)^£i*__
prior
600
63
.
8'A
15
Jun
6%
28
1,850.
31%.
43%
27%
100
40%
10
9%
4% Mar
Jan
Feb
May
13%
200
15
30%
5
10%
2 '
Westinghouse Elec. & Mfg
Wisconsin
36%
550
*
63
Carbon, capital.
Stores
2%
700
9%
common
Light ft Rys Co com
Wieboldt
_9%
31%
V
-5
United Air Lines Inc
United
-
-25
—
—
common
1,200
7%
<15
,
ctfs of dep
La Salle St Corp
&
3%
t40 %
-15"
common..
stock*.—!—.*
——
Carbide
Steel
>
-
common
Mach
(The)
South
7%
43%
7%
v
__
-1
common.-
3%
43%
—
*25" ~
13%
500
—I'
capital
Corp common
Jun
27
10
Feb
12
10%
27
Aug
Jun
11%
capital
14%
-25
.50
Oct
Jan
6%
42%
4,300
Co—
22
31-
8 "
23%
6%
;
^
22%
50
11%
13
63%
«„
Aug
650
42%
12%
63%
Jan
'
^
100
19%
common
Oct
31%
2,000
8%
25%
6%
1
__1"
Canadian Pacific
63
24
:
14%'
14%
Bethlehem Steel
53%
50
11%
10
Oct
53 %
Jan
13
Jun
""
6%
y
50
1,200
..10
Inc
Edison
53%
>
17% July
200
Mar
Oct
12
16%'
Oct
63
-2ya
common
28%
25
23%
23%
Oct
10%
59
Oct
450
24%
24%
5 "
18
10
Jan
Jun
200
22
14%
Aug
13
Oct
Sep
Jan
11
11
25%
24%
2%
25
25
>
.Jan
12%
'
Jun
477/a
-
200
/-/: 2o>
9%
Jan
10%
1
400
52%
25
8%
11%
10
—5
,
(new)
Co
13
11%
11%
25
25
Oct
Apr
24
5% July
22
550
2%
21
64 %
Apr
1%
24%
18
34%
2%
*
19%
400
13
Copper Mining capital
Corp
Atchison Topeka & Santa Fe_.
33%
1
.
9% July
'
16%
3%
—
common-
.
July
3,900
.25
(The)"—
Co
Union
Jan
12
11
Corp
Co
Corp
Trane
Jan
7%
31%
10
com..
50
1,150
25
Anaconda
Carr-Consol
Jun
39
2%
*""'
Jan
27/a
Jun
5
77/a
Thor
Jan
12
19
,15% Feb
l
7% Mar
: 8%
Sep
xl4% July
150
6
*
Furniture
ft
Texas
Aug
5%
6%
1,100'
50
1
capital
Co
Swift Int'l Co Ltd
Oct
1
150%
-
31%
-12%
Swift
Oct
150
5
8 '/a
20%
12%
—* -
;
Dredging common..
Sundstrand
Jan
21%
Sep
17% May
12
*
-12%
300'
31%
5
Jun
22
5
common:
ft
Container
Sunbeam
Oct
5% Mar
Jun
100
33%
6%
2%
20
common
Oil Corp
Storkline
Sep
•
1
10
67/«
4%
6%
Stone
Aug
29
1,100
4%
-Avco Mfg Corp
200
-
1%
1%
Automatic
5%
Jun
45%
20 %
18% July
15 Va Feb '
87/a
87/a
—1
4
37%
400
1,800
6%
6%
87/a
common
Sep
Jun
"
7%
/'
10
class A
Cummins
Roebuck
Standard Oil or
Jun
65/s
Co
Mfg Co common
Athey Products Corp capital
Jan
28%
Jun
10
-
10%
lo"
common.
Car
Steel
Standard
138%
2%
&
Equipment Corp
Asbestos
18%
23
300
52
Serrick Corp class B common
Shellmar Prod Corp common
High
1,000
—5
Aro
Jan
Jun
13
21%
:
RR capital
(The) common.,
Schwitzer
Oct
500
Armour
——
Sep
30%
•21%
Packing common:!—.
—10"
St Louis Nat Stockyards capital—"
• * /
Sep
21%
100 "
13
Feb
400"
100
10
.
Jun
15
300
.
common
Oct
7"%
24
27%
Jan
53
40%
150:
"12%
Rath
Jan
143% 144>%
__
9"%- Jan
300
50
I
common—
Switch
Co
Pressed
Range Since January 1
700
19%
American Tel & Tel Co capital
-20% Aug
Apr
550
20%
8
capital———51
Society Brand Clothes common.
Spiegel Inc common—L.
Low
43%
29
5%
V
y
12%
20%
l)r
common.....
Co
Coal
Sinclair
High
19%
—5
Castings
Shares
28
Feb
11'
26%
*
Prod—.
Car
111 Corp
Elec
Potter
Jan
28%
Mar
22
Jan
6
301/8
■V' 7%
—7
Pennsylvania
Apr
Jun
12%
Sep
18
>12% Oct
15%
11
27%
...__1
prior preferred...
Penn
54% Mar
52'A
,
Jun
19 \
14%
5
Bancorp common
Manufacturing common.,
5%
Jan
42% May
Jan
,
8% Mar-
50
12%
common
American
Peabody
Oct
Sep
14%
30
15
common—*
Co
Standard
Parker Pen
Oct
26
Jan
10% July
400
41
40%
.
1
*
Northwest
Oak
Oct
11
9%
32 ■% Jan
,14% Oct
17
Jan
Juri
8%
800
"
8
8
...
common
Inc common
Hart
Northern
Mar
12%
6
24'A
1,100
"
"
for Week
43%
"
: Jun
Jun'
.
Jan
Sales
Range
of Prices
Low
(new) __5
common
common
Aluminum
Week's
Last
12"
<
200"
750' '
3% Aug
"
North
Chicago Stock Exchango
Sale Price
800"
-
14%—:
<
20%
,
Signode Steel Strap common
STOCKS—
32%'
52
550
*
20
•
common
Noblltt-Sparks Ind Inc
Jan
-
14%
26%
36
Field
Nachman Corp
Jan
Jun
Oct
300
12%
•
Muskegon Mot- Spec class A.——
Jan
965
Jan
66'
10
.
Oct
45c
•
Machinery
Westlnghouse
94%
Oct
18%
18
5
Co.-
>10%
Apr
22c
18
■
01
—
Drill—
Jan
79
Univ
West Corp
National
300
14%
350"
12
100
;
—
$1 prior preferred
Montgomery Ward & Co.;
Jan
500
14%
14%
1
—
TCrrington Co
Twist
...
common.
common—
Harvester
Ext
Miller ft
Jan
3,604
5%
•
15%
25c
26c
1
-2.50
Association
Jun
Jan
93%
104
14
14
——10 *
-
Rexall Drug Co—
;
104
-
50
10%
13c
10%
9
92
26c
100-
Pennsylvania RR
Folding Machine
90
3,000
Salle
Middle
11% May
10
—2.50
ReecC
Inc
capital
RR
Mickelberry's Food
Sep
100
Oct
Jun
'•
100
12
10
Marshall
Jun
175
8%
13%
.14%-14%
25
Co
Lindsay Light & Chem
Aug
52%
92
*-
100
—
Feb
8%
20c
Mining——
15
Jan
63
14%
England Electric System
England Tel & Tel
13%
51%
100
—
33%
58
20c
Stone ft Webster
Bartlett common
Central
Libby McNeill & Libby commonPrinting Co common
Jan
14%
IN
3
:
Lincoln
Jan
48%
20c
Union
Jan
1,299
32%
47%
14%
Stop & Shop
40%
37%
31%
1
Shawmut
Jun
37
32%
5
RR
Sep
/,
37%
*
——25
National Service Cos
Northern
67%
545
Nash-Kelvinator
i
Jan
65%
52%
New
53%
64
Aug
12 V*
Jun
65.;,;
7.%';Vr
32%
-
1
new cap
Brick
La
Oct
19% Aug
35
;
—10
common
Brew Co.
Corp.
Werner
International
Jan
37
25
180
/
Jun '
6%
63%
vV.7%
14%
1.
common
Kellogg Switchboard common
May
Jun
106
21
641/4
.
New
39
23
29
36
36%
35%
*
Hibb Spencer
Oct
•
Co—
5%
Maine Central RR
Corp
i.
Illinois
Jan
88%
36%
Mergenthaler Linotype _——
*
Narragansett Racing Assn
—1
North Butte
68%
Aug
•
Razor
Copper
Loew's Boston Theatre
>
Jun
75
•
Electric
Gillette
57
20
78
20
20
*
National Stores
General
.
116
62'A
77
—•
Employers Group Assoc
First
62
100
100
__100 :
preferred B
preferred adjustment—
Eastern SS
Instrument Co
—
Jan
9%
13 ' ' V
11%
common
2%
' 3,050
13 %
12%
:
Indep Pneum Tool
series A—
9%.
•
Jun
11%
'
Illinois
Jun ' '
-
—
22%
'
Eastern Mass Street Ry—
67o
Dk
Hein
Jan
87A
&
Heileman (G)
Oct
10%
«
•
.'31% Jan
200
3%~~~ 1,300
50
9%"
3%
3%
.^.5
Inc..'
H) 'common/
Dr
Harnischfegef
Jan
64%
(W
Co
Lakes
Hammond
Jan
43
29% July
35-
4%
10%
-10
Service
Copper
451
14%
60%
17
Personal Prop Trust-—
Boston
Cities
14%
—100
—.
Ra.lroad—
Maine
Boston &
America
Gillette Safety Razor common
Goldbiatt Bros common
Jan
40
of
Mills
(Peter)
High
Low"
~
27%
26%
•
—
13%
Brewing common
~1%.:;iv
General Candy class A
i—„—5
General Motors Corp common
10;
Gibson Refrigerator Co common
1/ •••',.'?%
Jan
24%
108%
_25
Fox
Aug
150%
'
Range Since January 1
Share#
High
Low
25
Sale*
for Week
Range
of Prices
Sale Price
Domestic Credit Corp class A—J— 1
Sep
27%
100
Boston ft Albany RR
Boston Edison -
39%
34% Mar
Flour
High
t
175-
143% 144%
Zio
Anaconda Copper
Range Since January 1
Low
45
common—!
Crane Co
High
43%
—.
Shares
of Prices
Last
>
,
Par
Range 'for Week
Sale Price
:
Sales
Week's
Last
STOCKS—
STOCKS—
Exchange
-
,
Apr
"7 %
Jan
39% Jan
15%
Oct
1%
2
1,300'
lYe May
3%
Jan
7%
7%
1,400
4 %
July
7%
Oct
14%
147/8
700
10%
Jun
15%
Jan
300
1,1
f
170
Volume
Number 4849 *
COMMERCIAL
THE
FINANCIAL
&
CHRONICLE
(1625)
<
37
OTHER STOCK EXCHANGES
RANGE FOR WEEK
Friday
Last',
STOCKS—
Par
New
l
York
Motor
Packard
Pan
Central RR
Range
American
f Paramount
Pepsi-Cola
Shares
10%
3%
(The)
Range Sinee January 1
Low
i
10%
3%
200
9%
1,000*'
8Vs
„1
21%
21%
33%
8% '
32%
common
100"
600"
8%
Jan
25
Watling, Lerchen & Co.
Jan
4%
Jan
Apr'
10%
Jun
19% Juri "
100
8%
32%
31%
High
13%
Jun
3%Jun*
2%
1
Co
High
10%
Car
Airways Corp
Pictures common-.
i Pure Oil Co
for Week
Low
-
_•
capital
OCTOBER 21
Sales
Week's
of Prices
Sale Prloe
ENDED
21% Aug
Members
*
12
Apr
32% Oct
;
Jun
Detroit1' Stock
'
*
YorR/Curb Exchange
Chicago Stock
Exchange
Radio Corp of America common
Radio-Keith-Orpheum
—1
Republic Steel Corp common
Scheniey Distillers Corp
Standard Oil
Studeoaker
1
•
&
28%
28%
100
72
Co
DETROIT
Ford Building
Apr
Apr
30
v
Telephone: WOodward 2-5525
Jan
11%
73%
Jan
12
Jun
18
Oct
16%
Feb
25%
Oct
9%
Jun'
11 %
Sep
2%
Jan /
4%
Oct
1,100
4%
17% Jan
60% Jun
50
500
2,100
4% '
•
,
Jan
5%
25%Ap*
300 ;
17%
24%
11%
_1
9%
27%
14%. Jun
24%-
24%
Jun
-.
"
17%
-1
V
Jan
4% ,Aug
2,000
71%
-1
7%
14%
17% "Jun
1,000
i6% *17%
17
—25
Springs
300
200 %
21
"5-%;'. 5%
Corp
Wilson
9%'Jun-;
3,800*
7%
20%
1%
__15
,
Inc./
Corp common.
United
13%
7% '
7%
—2%
Oil Corp.
Sunray
12%
"
N J
of
Steel
Standard
■
12%
•
——-
Socony Vacuum Oil Co
11
common
Jan
Detroit Stock Exchange
,11% Jan
Friday»
STOCKS—
Week's
Last
8ale*.„^
for Week
Range
8Alb Price ' of Prices
Cincinnati Stock
Friday
STOCK S-i-
Exchange
-Week's^
••
< '
: ;
American
: ■.
-'J: /
Laundry Mach_
Balcrank
_i:
..
——;
for Week
of Prices
Shares
Low
: >
'
3%
—
Baldwin-
13%
77.5
common
C6 "common:
Little Miami special—_1_'—
Lunkehheimer
Procter & Gamble
23
142...
43%
U.
S.
15%
11%
12-
121...
35%
58,,.
28
49%
40
;
i.
49%
:
7%
9%
Mar
Hudson
Jgn
75% Oct
16%
1
12
Jan
.
49 %
;
.
Sep j
Kinsel
Oct
—10
-100
-25
4%
5%
40%
—1
2%
29%
11%
11%
28%
29%
29%
29%
I
1
Dept Stores
General
General
*
Electric
Motors
Pennsylvania RR
Pepsi-Cola
————
Oil
Standard Oil
R B
Timken
(N J)
(Ohio)
2%
26%
214
"
90'
Jam
24% Mar
Jun"
Pfeiffer Brewing
coftimon'
32%
.2
14%
200
Jun
17% Mar
25
8%
Feb
12
Apr
Sheller
32%
"75
25%
Jun
32%
Oct
Southern
Co
12%
37
9%
Jun
14
Jan
Standard
Tube
30% Feb":
.
14 "
,
v
f
14%
26
17%
Rickei
66%
River
35
Apr';!
17%
Jun
Oct
Oct
Paper common
Oct
11% Oct
Apr
22
Oct
Udyllte
72%
84
60%
Jun
74%
Oct
United
26%
50
20%
Jun
26%
Oct
Walker
& Co
37 %
84
36%, Oct
23%
23%
46
28
29%
60
36%
;
-
Warner
S
_•
Steel:(new),
.12.50
Electric
Westinghouse
'
29%
3/4
Jun
24%
Oct
Wayne
29%
Oct
Young
Gleveland Stock
Friday;
STOCKS—
..;//
Last;:,
7'-'',
Bale Price
Low
Par"
Jan
31%
'
1,000
Feb
"
110
2ya July
5'/s Aug
44
55/B
6V2
Jan
1%
r
200
1%
Jun
RR(Un)_:—i—25
City Products Corp
•
Cleveland Cliffs Iron common
1
$4.50 preferred
100
Electric Illumln
Eaton
Electric'(Un)
General
Motors
com(Un)
(Un)
Co
Glidden
4,968
10 Vs
Jun
11%
Jun
770
10%
Oct
1
2%
2%
23/4
800
2
Sep
23/4 Mar
300
2%
Jun
2%
Jan
Jah
Mar1
Drug Stores
Great Lakes Towing
Gray
Greif
Bros
Cooperage
100
*
—1
*
*
class A
Industrial Rayon (Un)
Steamship
Interlake
& Laughlin
Jones
Steel
*
Kelley Island Lime & Trans
& Sessions
1
Portland
Metropolitan
Cement
N
Central
Y
Oil
—
Packer
Co
Corp
200
25
jJan
30
Oct
lOMiJuly
16
Jan
12%
26
•
__
5
a27 % a27 %
88%
Bros
Roebuck
Co
2%
2%
14%
*
210
Jun
18%
9%
9% '
200
8'/a
Jun
10%
1
4%
4s/s
200
3%
Jun
15
1 "
1
—
15
1
——1
common
1
S
White
Motor
Youngstown Steel Door (Un)
For footnotes see page
44.
•
al2%
10
9%
10
12%
12ya
123/8
13%
33/4
13%
473/4
Jan
133/8
1
Feb
.
Jan
8%
Jun
Jun
3%
Jun ~
3%
Apr
95
:
Oct
;•
.
.
5
708 "
365
7%
55
Jan
Jun
1434
Jan
17%
Jun
21%
Jan
Ry Co (Un)—
Caterpillar Tractor Co (Un)
Jun •
27%
Jan
Certain-teed
,.
Canadian Pacific
Products Corp
43% Mar
Chrysler Corp
Jun
42%
Oct
Cities Service Co
14%
Jun
17%
Jan
Clary Multiplier Corp
Jun
74 v4
Jan
Colorado Fuel
Jun
27%
Oct
Columbia
& Iron
Gas
System Inc
Solvents Corp
47
Oct
Commercial
Jun
42
Jan
Commonwealth Edison Co
Jun
2'4 %
Oct
Cons
Jun
Chollar
"
—
__
—
—
I2c:
al3%
a303^
13%
393A Oct
7% Jari^
12
Apr
155
60
100
230
630
,
110
30
a35
10c
51%
7%
11
a35
12c.
53
63%
3V2
3V2
(Un)
(Un)
(Un)
Gould
&
Sav
of
N
Y
Mng
—
9
25
—
—
1.20
1
(Un)—•
1
Consolidated
Edison
12%
Jun
16% Mar
Consolidated
Engineering
Jun
74
Jan
Consolidated
10%
Jun
1434
Jan
Consolidated
Liquidating Corp
*
Vultee Aircraft (Un)—I
Corp
,
—
16%
—
UVa
53
&15V2 al5y2
aliy2 all3/4
al7% al73/a
29% 29Vs.*
1.20* 1.25
26% 26%
15% 16%
7%
Jilt
H
H/e
18% Jan
34% Mar
23/8 Aug
165
28
10
44%
38%
3c
,
lc
381
479
10
12%
10
13/a
25%
80
95
25
262
693
72
200
Jan
July
21% Mar
6% Jam
95c
410
1,978
'
3278 May
12c Oct
15 . Sep
34% Sep
14% Oct
56% Jan
63V4 Oct
Feb
Jun
Jun
VI? ^ay
8ya Jun
Aug
53% Oct
10
Jan
HVa Oct
Jun
May
Jun
Jun
Jan
44
Oct
3'/4 Apr(.
100,.
Jan
7% Oct
25'/2 Mar
10% Jun
150
361
333/4 Jan
4% Oct
38% Feb
46% Feb
6y«July
7% Jun
32% May
13%'
6OV2
Jun1
264
170
100
1,345
790
50'/
4;000
al3% al3%
a303/8 a3iy4
133/B
Jun;
2ya Aug
2344 Jun
l%cMay
5
Jun
18% Jun
a21% a22'/4
51%
7*/4
10%
10%,Jan
4% Apr
21
Jan
75c
Jan '
51% Sep
Jun
Apr
Sep
2,550
433
10,000
1,031
5>/4
5%*'/
a467/8 a47ya
15
25c
40
9% Sep
27% Jun '
3c
7
2>/2c
7
—
—
*
„
Juri
1,475
165
23/8
28/ 28
3V2
Corp common—"1
Jun
Jan
95% Mar
10
—
.20%
9
—
25
10
1
25
53%
1
Juri'
Feb
Jun
——1
-
(Un)
6
10
T10
173%
333/4
''
122
13%
a67% a67 %
Jan
34%
150
189
Jan
Jan
20
50
40%
Chica Oil Corp
Borden Company
Jun
Jun
—
Borg-Warner Corp (Un)
<60y4
'
„
7
-
1
(Un)—;——a——.15
—
_5
Broadway Dept Store—
—
9
Budd Co (Un)
—
*
California
Packing Corp —;
-•
Calumet Gold Mines Co—
10c
Bolsa
Jan
33%
205^
a23% a24i%
333*
Jan
36%
,
2
Boeing Airplane Co (Un)_.—..———5
May
24
—
Co.:—10c
14%
9%
'37
114
26% " 2 6 3/4
Sep
May
63
Oct
37% Jan
35ya Jan
27y* Jan
73/4 Jan
2'%
17
/
30
-10
Jun
30
■„
100
a71 % a71%
4%
13%
33
Jun
Jun
Jun
23^
Cons Mng
Jun
Jun
Jun
10
a9
4
17
25c
(Un)
Corp
Jun
Oct
25%
20y»
5
82%
33%
5
8%
7%
2.60
9% ;
31%
Mammoth
Jari
23
50%
Diamond
8%
loya
42
138%
Apr
July
Oct
Jan
Feb
Jan
295
7.75
70
93/4
31%
Blue
Jan
24V4
50%
Black
Sep
Jun
20
25
/
5%
Jan
23%
/.
May
7
54% Mar
5
Benguet Cons Mining Co——-—PI
Bethlehem Steel Corp (Un)
•
Oct
9%
60
24
14
433/4
High
3%
33
10%
12%
14%
54
150
103
10
a9
4
17
25c
—
'.11%. Jan
.
,
63
93/4
Aviation Corp
Oct 1
63
20c
—
Jan
24%
2% Jun
27ya Jun
430
357
495
1,200
—
—
,
365
1,303
-
28% 28%
a24y8 a25%
6'/2
63/4
a973/8 a99s/8
393/4 39:,/4
5%
6y8
—
:
1%
Jun
24y4
.
—
:233/4 Aug
13
Jan
27%
,
100
a46% a46%
Jun
11%
f
12%
12
Jan
14%
32%
—25
11%
45%
50
20
a
23%
Jun
Jan
16%
7%
Jun
24'A
—
143% 144y*
—
33%
42%.
13%
Oct
21
a
a
Jan
65%
•
;
Apr
Sep
Range Sinee Janaary 1
1.200
655
1,0^5
565
735
....
13%
473/4
—,
Co
Jan
Aug
1%
Low'
31%
—
Bendix
a421/2
71/8
40
Jun
Jan
Jun
17%
12
a21%*.
40%
Feb
23%
Apr
41%
*
,
35
al6%
«
Shares
3%
313/i
(Un)—30
Armco
10
a253/8
Armour & Company (111). (Unj—•;
5
1.-.6%
Atchison Topeka & Santa Fe (Un)-100
a995/8
Atlantic Refining Company (Un)
25 * ;
Avco Manufacturing Corp
(Un)'—,
3
Baldwin Locomotive Works (Un)
13 "
Baltimore & Ohio RR (Un)— —100 ' '
Bandihl Petroleum Co
1 /
Barker Bros Corp common
10
Barnhart-Morrow Consol
_1
Barnsdall Oil Company (Un)——5/
31% July
a42 %
0
Sales
for Week
—
—
(Un)
Co
17%
Range
144
Copper Mining
Steel Corp (Un)
93c
ef Prices
Week's
„
(Un)_——;—14
Corp
July
100
15
July
72c
High
100
Anaconda
Basin Oil Co
..
a20% a21%
a21%
Jan
94
10
140
,
al4
a
32"%
100
20%
,
Jun
Aug
Viscose
13
560
1
Low
:
(Un)
& Tel Co
American Woolen
Oct
474
3%
al4
Apr
513/8
34 v
"
611
4% "
32
12
Apr
51% Mar
96
43%
3%
41%
7.i
American
Oct
..15
;
——________
Oct
48%
a30% a31%
Ycungstown Sheet & Tube—
263/e
93/4 Mar
al0% a 10%
7.5
1.
American Tel
33% Mar
..
4%
•
Steel
Jan
Jan
(Un)
220
Stock Exchange
Friday
Last
Mining CO——10
14
800
*
26% '
25
—*
•
American
(Un)
-1
American Power & Light (Un)—-—•
Amer Radiator & St San Co
(Un)—*
American Smelting & Ref Co (Un)—*
117
10% *10%;
0
(Un)—
Van Dorn Iron Works
U
Gold
Mfg Co
Airlines Inc
122
a30% a30%
—-
Juneau
"■r
1
■
1
Products.common
& Wire
i
Aliis-Chalmers
600
*
13% ;
43%
34
8
"115
26%
13
13%
.
Oct
6%
42 Va
Jun
17% July
202
12
26%
,
(Un)——•_
Thompson Products Inc—.—
Union Carbide & Carbon
.
.
11%
20%
a47% a47%
33%
33%
*
Socony-Vacuum Oil Co (Un)j____
Standard Oil Co of N J (Un)
Standard Oil of Ohio common-
60
a40% a40'/8
11%
,77
rv/V 126'"'
551/
a22% a22%
20%
213%
,
..
80
a65% a65 %
50
—
40
-
a37% a37%
20%
—:
Si
20
11%
20%
43
45
/ ;:
89
20
„
.
326
32
Republic Steel (Un)
;.:/■! 150
26
.50
Reliaiice, Electric & Eng
86% Mar ;
20% Jun
9% Jun
103/4
14%
76
63%
170
a50% a50%
.1—
—
.
230
all%.all%
'
»
(Un)
1,256
a41%
;
1-8
:—
Pennsylvania RR (Un
J
Radio Corp of America (Un)——
Richman
71
a41 %
Patterson- Sargent
Sears
13
69%
,
——1
(Un)__
Edison
Ohio
Jan
4
Brick Inc—
RR
343/4
—
National Tile & Mfg___—
Ohio
Sep
'____10
Lamson
Medusa
29%
Oct
18%
/
1
'
*
*
Tire & Rubber
Goodyear
;
1
10 ;
10
*
—
General
240
*
:
Rubber
Faultless
13
2
Mfg
29%
71
—
■■■
Electric Controller
Alaska
Jan
B
•
15 /
——:
Chemical
Dow
Jan
150%
a29% a29%
.
1
Columbia'Gas System (Un)—
16%
Jun
29%
„
common—•
Cleveland Graphite Bronze (Un)__
July
l5/8 May
12 y« 'Jan
2,958
Par
12 ;
.
Aug
12
High
138 "
al43%al44%
„
& Ohio
Chesapeake
Cleveland
!
27% r.
10%
Bale Frlee
75
12
.
18 3A
Jan
18% f
Range Sinee January 1
224
12
American Coach & Body____———5
American Tel & Tel (Un>
100
281
3
29% July
3% Jan
11%
STOCKS—
LOW
24% Jan
1% Jun
103/4
Los Angeles
High
800
28%;
25/8 (
Jun
1
Aircraft
for Week
Shares
372
25/8 Oct
4y» Jan
1% Sep
1%
1%
Sales
of Prices
3%
150
5
Exchange
Week's
Range
357
13/4
18
common':—
Spring
20%
5(V t
33/4
SCp "
33^ July
3% July
2
July
11%
B common
—.—
Screw
'20% May
2%
/
4
19%
2%
"
U
300''
Sep1
2.00 Mar
Feb
16% JUly
:
COlp
43% Mar
-
'
3%
4
2% Mar
95c
100
Radiator common
States
•
4,700
183/a
10%
Superior Tool & Die—
Timken'-Detroit Axle _—:
10%
125
■
100
1%
.
27/8 "Jan 1'
Oct'/
5%
1
;
;—
17%
11%
21%
3%
Mar /-
———5
Manufacturing
class
100
8% Jan
1% Apr
42 ya Aug
2%'
2
—5
& Co:—4-—
(H W)
Raisin
4
10%
;
13/4
Rudy Manufacturing common ———-1
Scotten-Dlllon
—1°
8%
39% Jan
....
650
2%
23/4
26%
50% July
21%
—
2%
—
185
72%" V 71%
v 26%
-10
—
—;
28%
1
65%
17
.25
—
•
—:
34%
10%'
Standard Brands
Standard
—
30% May ; r
31% Oct.;':-
291
21V4
—5
Co
Parke, Davis common-——
Peninsular Metal Prod—:
>
12%
—15
Oil—:
Vacuum
Socony
Apr
Jun"
32
Corp
Southern
33/4
8%
v
•
*
Radio
common—i——•
———1
14%
-33V3c
Oil
Pure
9%
41%
Oct
Feb
3%
common
32%
—50
—
—
%———2
Park Chemical
63%
v
*
Register—.
National-Cash
Stamping
Packard Motor Car
37% '37%
-10
—-—
National
/ .Sep"
Feb '4
iya
19
Oct ' /
37%
31%
Dayton PoWer & LightFederated
,
700
1% *'
12
Jun
29
386
11%
29 %
138
190'
64
325
29%
60%
Gas
Columbia
224*
143% 144%
,
1%
Oct
Sep '
2%
MaC*
5
2%
36
'
6
'14%
9% Mar
f
1,445
19
5
Jan
27%,
62%
T%
1
/—
Sep
3(4- 'Aug >
«
'
3% '
1
common
common
2%/*Jart'.
5y2 Oct
14? Jafl
May;
Jafi
2%
Jan
33%
19% Jun"
4%
2%
400
5
1%
40%
64%
26% Feb "
435
29%
•1%
1
——10
I
OCt
10%'Oct'
10% 'JUn
400
600
34%
18
25%
1%
235
^
2,355
.'
5
150%
31%
24%
.7
Service
v
National Elec Weldihg—I
31%
>,•
143%
•
•;
"3%
Oct.
Jan//
r
-10
Chesapeake: & OhioCities
',t
100
'
4%
11% '11%
3%
"
——
Rolling: MillAmerican Tel Si Tel.
31%
25%
'
Stores
Jan
■
-
Jhd '
5%
14%
Manufacturing
Wheel
Motor
3
Mar
65%
52% ^Jun '
2,185 1
2Vs
1
4%
3% 'Apr"
95c
Sep
1,539,
3%
(S S)——
Stamping v-
McAleer
2%
;4%-
'*
4 Vs
13%
McClanahan Oil
American
2 % " :
'
40c
293
97/s* 10%
'coirimdp
.—12 Va
'common—:———5
Kresge Co
Lansing
4
9,% Jaft
31%'Jari//
,
Oct
2"
6,500
63 Va
65%
;'
26
250*"
50c
10
Caf
commori—
Drug
Jan
Unlisted Stocks-^— "
Allied
4% *Juii
' July;
•
2%
~4%-
1
•,
,
Kaiser-Frazer
Aug
39
2,375.
1
Motor
Hurd Lock & Mfg
17%
Jun
Corp -!.
JUn
5,560 "
•
63/4
45c
'—10
Motors common—.
Gef^ty-Micbiigan
50c "
Lamp
—J——5
Hoskihs Manufacturing tbmmoii/-—*2 Va
Hotvell Electric MOtots common—"—1
Feb,
21
July-
General
common———1
Brewing
Hall
Oct,,
Jan;.
40%
v
Ale
Oct
45
/
22%/ 23
2%s
Oct
,
58%
63/4
6%"'
'Jud;;
'
AUg!\
l%Jarf"
16 ;r Jan;s
20% Jan//
35% May /'
975 "
7 Vh
,
:M$'jr /
9%. Oct
16%, Feb;':;
26%'-■26%
Goebei Brewing common.-.
1
Graham Paige Motors common——1
Feb
57%
888)
115,,
Friars
Oct;
55
.
7
_
1
11%
30% "Sep/
100""
6%
22 %:
»
High
July
13%
17
1,148"*
•
V
Oct/
36
Jan
7% Aug &
-
,
35
—_i—: .50
Preferred"'
Jan
1
—1
common
735
32%
'
.Up.'
JUn '
75c
245 *
14
J.
Oj
7% Mai':
21% "21%
Manufacturing common
_2
Frankenmuth Brewing common.—___1
,Jan
.
101
14
,
Mar,
15
,
Stove
7%
100
32%
—
Detroit-Michigan
Eaton
;
Sep
16
4i%; oct";
15% July ^
a.
90
*,
'
Electrotype c-l-—--—Printing common————I—
Rapid
Jan
125,
44. _Janr;
50.,
12%
13%
Randall class B—
Jan...
Jan
.8%
212-
73%" ,74%
/
7%
76%
—
90c
1
375
19% *19%
commoh:_21/2
/
9
•
14
Detroit & Cleveland Navigation—-~-5
Edison
_r_r_-r
j.—.—20
Detroit
300
11%
90c
*
common
WW
t
5% Feb"/
133
6
11
——10
common/—
Davidson Bros
Oct,
12%
Power
Cunningham Drug Stores
32% Sep
,
Feb
6
200
55
11%
Jari
27
.
100^ Jan-
: 41%; 41%
7:16% 16%
Hi
"■>
300.„
54%" 58%
:50
Jun
"
35%
53%
—.——-——~
Co
Magnavox
18 %
101
35
/•••; 35%
V 53 %:
l' 58%
—.
Kroger
r
Consumers
■
LOW"
9
r--~7-1
.Machine commoh__°
•
Range Sinee Janaary
Share*
High
6
^
n%'
Mfg
Consolidated Paper common
Feb
15%
3% Jjan
12.....Mar;,
...
16
101
,
Insulation
Art*—
Gibsoh
125
.
100
5
—2
---1.
w
—
Eurroqghs Adding
Feb"
25%
6
1
——
Metal Prod—
Rubber
Brown-McLaren
High *
";
.
14%"' 14%
8%
8%
—
Preferred;
Formica
•
11%
16
r.—
Y'
Sep
26% Apr1'
134
Jun \\
500- /
63
93..
Jun;
11% Mar
106.,
.Aug.
10,; 113:
15 % Feb ;
1Qi4%" oc^;.
109-
75%
v
11%
I
125",
Co__'_:j.——:
Dixie Ted Cream—i-————-
Drug
4/
4
75
..
.
class A_L__„———
Cola
Cohen .'(Dan.l
Dow
75
!»
StOck*Yard—;:r.
i58
27
C; 31%
31'
C
_50
Tel:—tzi
Union
Cincinnati
Coca
_25
Street
Sub Bell
&
Cine
56
13%
"25%
-
18%
80...
"" 3%
3%
—..—
Cincinnati Gas & Electric common:.8%
Range Sinee January 1
LOW
19
Brewing
Baldwin
High
18%
:
Champion Paper & Fibre:;——"piCincinnati
Altes
American
Range
Low v
Par
Sales
Last.
S»t*Pricb
V
Exchange
'
Rex^ll Drug Inc
i
New
York Stock Exchange
New
,
5% Jan
19
11 /e
17/8
29%
1.80
Jan
Apr
Apr
Sep
Apr
27% Sep
16 m Oct
}H7t ^aS
12Vs Apr
-
38
Monday, October 24, 1949
COMMERCIAL & FINANCIAL CHRONICLE
THE
(1626)
OTHER STOCK EXCHANGES
FOR WEEK
RANGE
(Del)
Zellerbach
Curtiss-Wright
(Un),
'
1
Class A
—
a20-/4
*
Aircraft Co Inc
Douglas
12%
28%
(Un)—•
863
Derrick &
Emsco
5
Ltd A
Farmers & Merchants Nat'l
F.
A.
R.
Ltd
Stores
General
Foods
General
(Uni
Co
Electric
General
Motors
cbmmon
Ltd.:
Golden State Co
13%
39'/a.
Hotels
Hilton
Corp
Development
Petroleum Corp
Intercoast
1%
2%
a39% a39%
'*9%*'
10
.
A0V* 10%
1.90 *
1.80 1.90
t
Kaiser-Frazer
s
14
,
a64
1 9'/a
9
.
1.30
>;"
—
^ -I
i
4%
5
•
B
,
Light Co
Corp (Un)
Kern County Land Co
Kennecott
Copper
a47%
46%
\
Western
Jan
:■
Western
12 V'2
Apr
„
We8tinghouse Elec Corp (Un)-
65c
Jan
;
Zenda
8Q
% July
7
10 »/4
July
10
Jun
Oct
39%
45%
Laclede Gas Light;Co
Lane-Wells
1
7
.
Libby McNeil & Libby (Un)
Petroleum
Lincoln
52%
Jun
65%
513
11%
Jan
15%
13%
Oct
13%
(Un>_*.
Inc
Los Angeles
34%
Jun
180
■,
"•
400;
.
—
20%
45
1% May
•
39%
12
Jun
10%
1.70
Jun
4%
Feb
14%
320
8%
Feb
ll*/4
200
22%
2,260
7%
Feb
-
220
-
30
:•
31
20
3,246
5%
Jun
?:11
Sep
9
" 16%
253A
: -16%
f
•
'
Eastern
Finance Co
90c
'
Nordon Corp Ltd
Aviation
Company
North
American
Oil
Oil
Ohio
Oil
Pacific
Clay
6%
5%%
;
1.75
Sep
July
30%
Jun
Jan
12%
a20
a20
32
32%
2,287
30%
Jan
35%
35%
131
32%
Apr
a31% a31%
10
30%
Feb
%
50
27%
Apr
29%
32
a29 % a29
214
24%
18% Mar ,V
33%
51%
(Un)
Inc
/
■i
-560
•
50
•
281%
18%
19%
63%
•
66%
1
13%
4%
preference common
Paper
Oil
Tel
&
*
series
5s
-
—-
A
14%
209
14 y8
a9%
40
18%
107% 107%
$1,000
1023/8
104% 105%
1,700
100 y8
47%
Jun
17%
Jan
52%
12
Apr
Continental
Oct
Fort
12%
13%
3,903
9%
Jun
14
Jan
Harbison
241
3
__50c
'
•
•
5%
__
1
5%
28%
&
5
Finance Co
(Un)
Inc
,
__
1.75
1
Co__
a23%
18%
•
Company*-
__
47%
,__3o
Corp
V'
8
100
2%
Jan
17%
Jun
3%
Jun
1,792
5%
5%
470
38%
3.9 %
861
8%
Jun
6%
28
28 y2
561
17 y8
Jan
7%
7%
220
6y4
Jun
a28% a28%
105
22%
Jun
16%
855
19
421/4
42%
47%
Sep.
Jan
28%
Oct
8% Mar
30
Jan
Sep
19%
Sep
34%
10
Feb
42%
Oct
45
602
47%
Apr
4%
250
18%
Oct
5%
41%
5%
5
Jan
Jan
Jun,
50'/a
Feb
31%
33
Feb
6c
6c
1,000
4c
31%
32%
1,125
20%
31,200
38%
Jan
10c
Feb
July
Feb
14c
35c
12c
Jun
35c*
23%
862
18%
Jun
24%
17%
4,128
14
y4
Jun
17%
com—25
33%
33%
33%
4,169
29 y2
Jan
33%
8cuthern
29
300
27%
Apr
29 y4
Low
30%
30%
275
28 % Mar
3iy8
Star
/
V 29
25
28%
Standard Oil Co
Standard
Oil
of
26
26
33%
33%
&
Co
(N
44
26%
Webster
Inc
10%
Sep
35% Aug
11% Oct
589
32%
Jun
49 y2
•
4
150
a32% a33%
•
'
21
27% July
37%
Feb
17%
187
21
Jan
Apr
22
Oct
.
67%
68%
1,185
56 y8
Jun
69%
Sep
25
44%
44%
213
37%
Feb
44%
Oct
(Un)———25
71%
71%
341
62%
Jun
al8
al8
84
13%
Feb
24%
24%
645
16%
11
11%
820
9y8
290
17%
Jun
50
•
(Un)_.
Studebaker Corporation
*
(Un)
Gulf
Sulphur Co
Incorporated
Tidewater Assoc
Transamerlca
Oil
al8
11
20
25
_25
(Un)
'*
common—
Co
'
25
Company (Un)—
Texas
.
_1
(Un)
Texas
67%
1
Eunray OH Corp common
4%% preferred B_
Swift & Company
(Un)
—.
'
63%
a67%
2
23%
12%
al5
23%
12%
13%
5
al5
g%
8%
Century-Fox Film (Un)
Carbide
OH
Co
&
of
Carbon
Corp
Oct
3
Pacific Railroad Co
(Un)
United Aircraft Corporation (Un).
United Air Lines Inc ( Un)
24%
Jan
Jun
12
Oct
Jun,;
23y8
Jan
3iy4
31%
30
303/4
Oct
203/a
Jun
24% May
15
Jun
233/4
2y8 July
3%
23
23%
31
10
5
19%
19 %
174
50c
44
-65
273/4 May
35%
35%
165
28%
7%
35%
7»/4
160
60
100
Oct
35%
Oct
8%
Jan
May
65
Oct
75c
Sep
6c
Feb
16c
Mar
12 V*
Jun
183/s
Oct
125
4%
Sep
5V2
Feb
;
200
/.■'•■
5
43/4
Feb
Apr
105
4%
Sep
6
Apr
>
50c
10,000
12c /
18%
5
V 50c
44'
Jun
51
100
65c
lie
18
Apr
Jan
63/4 July
30
65
65c
18
1
1
5
-
Jan
28% July
30
343/4
Feb
29%
293/4
26%
26%
27
371
21%
Jun
34%
Jan
29 y8
—!*
•
12.50
Corp
100
44
0
Brake
50c
50c
10
*
Alloys Steel
1,404
3%
3%
3%
39% Mar
27%
29%
455
20 3/4
Jun
29%
Oct
•
St. Louis Stock Exchange
Range
for Week
of Prices
Shares
Last
'' '<•'
/'I
Sale Price
'
Sales
Week's
Friday
STOCKS—
4.
7
72% Jan
(Un)
Shoe
Brown
Burkhart
Falstaff
Brew
"
25
28%
50
a81
1
(Un)
General
Electric
General
Motors
Feb
25%
Oct
Griesedleck-Western, Brewing
Jun
11%
Sep
Sep
common
common
Hydraulic Pressed
_
_
Oct
97
58
Feb
64
Mar
8% May
19% Jun
11
Jan
Laclede
Gas
25%
Jan
Laclede
Steel
14%
Oct
Midwest
Jun
31%
19%
665
19%
Oct
21%
Oct
37%
3734
195
34%
Jun
40 ya
Jan
63 3/.
65%
263
52 Va
Jun
66
26
26%
710
19%
Jan
29% Aug
2%
400
1%
Jan
2%
M.44
566
35%
Jun
41%
Jan
Scullin
28%
2,334
25
Jun
32 y8
Sep
Sears
Jun
86
Jan
Sterling Aluminum common
26%
Apr
Stix-Baer
Oct
Wagner
St
Portland
Missouri
24
20% July
5
14V4
14%
14%
-
,
Jun
160
May
American
North
Steel
•
14%
115
6V2 July
9%
4%
965
4%
Oct
8%
12%
12%
400
10
Jun
7%
7%
889
5
Jan
100
23
July
'
— —
42%
34
Jan
Jun
24%
Oct
Jan
20
Oct
90
15%
Jan
20% July
4%
500
3%
Jun
5%
Jan
14%
100
10
Jun
19%
Jan
42%
42%
58
34
Jun
42%
Oct
Sep
15
Jan
common,.
-
—
-5
15
17%
-
37%
„
^
130
10
13%
13%
185
12 y» May
37
37%
195
33%
11
1
-
Jan
7% Aug
14%
•
_
Sep
Mar
19%
20
17%
1
•
common.
Mar
16
24%
19%
4%
*
Oct
Mar
240
28
24%
20
*.4-
14
Oct
200
28
—
■4
common
Electric
28
19 Va
45%
4%
common
& FuUer
Jun
19
—50c
Servicer class A
Louis PubUc
Roebuck
com
16
2%
44%
'
__io
'
'
-
10
40%
16% Aug
8% Oct
Mar
11
24%
1
(Un)
20
262
132
—»
1
Cement
125
76 y4
_2
•
Feb
135
31'/a
65 3/a
25
Feb
243
Oct
31
37%
com
6%
2<*%
23%
19%
20
common
10%
28%
Oct
Jan
7%
61
a80% a81%
37
16
,
___
546
40%
23% Mar
710
common
Piping & Supply
Oct
125
23%
'
Jan
Oct
Jan
113/4
5
Key common
Knapp-Monarch common
Laclede-Christy common
8%
<
Sep
37
•
Feb
63 %
9
22%
50
Preferred
30
Feb
High
19 y8
150%
36%
*
•
10
_
138%
Jun
11%
•
—
Brick corn-—
35
Feb
23%
•
(Un)
462
16
IP/4
1
(new)
<
.
'-■ \
37
8
common
common
295
143% 144%
—
—15
common
Industries
Clinton
Jan
10
Tel
common
Mfg
49
235
*5
..
Low
19
■
V
Range Sine* Jannary 1
High
19
144%
3
Tel
Sep
20
19
•
_100
Bldg & Eqpt common
American
Bank
1
common
18
r
Low
Par
Invest
American
:•:
■V
.
11
Jun
13% Mar
46
footnotes see.pagj?,44.
Aor
Aug
Sep
1
Electric
,
Aug
11%
8V4
l.
a21% a22V8
•
(Un)_*
Calif
Union
12 y*
Feb
8%
9%
vtc
28%
18,514
al5 al5'/4
1
Union
Jun
2
183/4
1
Westinghouse
9%
25
Spring
Air
10% May
237
common
Westlnghouse
Apr
239
States Glass common
Vanadium
7
.
10%
14"% Mar
10%
11%
11%
1
Common
Oct
Jan
Jun
11%
Mining
Steel
Jan
10%
221
11%
113/s
11%
-
High
26%
11
"
/<200 //
:
i
Jun
21%
Co
25
I
q66% a67%
Tri-Continental Corp (Un)
Union
Feb
10%
Pittsburgh Steel Foundry pfd
United
14%
8% £ 9
-5
Brewing
412
i
€3V4
al5
50c
10
Corporation
20
a31% a31%
Transcontinental & Western Air
Twentieth
61%
21%
Pittsburgh Screw & Bolt Com
San Toy
70
25
200
Sep
Apr
44
44
•
(Un)—
J)
Feb
Apr
17%
331
Pittsburgh Plate Glass
Standard
10%
2%
Gas
Sep
Apr
33 y8
4,696
11
30
23 y4
34%
10%
26% Mar
901
325
26 %
25
5
Calif
(Ind)
Oct
•54%
1
Ohio Oil
Renner
10%
14%
v
10%
Co
Fireproofing Corp
Pittsburgh
20%
2%
Supply
National
•,
745
29 %
25
-
pfd class A
Company
Co
Sep
105%
Apr
Range 81nee January 1
120
10
Fuel
Oct
"
Oil
107 5/8
Jun
LOW
-'»■
10%
Gas
Mountain
Oct
Southern Railway Company (Un)
Standard Brands Inc (Un) ^
Standard
May
.
High
20%
Aug
____
Pacific
Oct
■i
com—•
Refractories
Walker
Sep
28%
25
—
Southern Co wd
Oct
Aug
Sales
Shares
5
—10
1
Sep
16%
25
6%
5/.
for Week
...
Gas Co
.
Oct
23
17
•
preferred—
preferred
!
33y2 Aug
27c
__1
Sinclair OH Corp
Socony-Vacuum Oil Co Inc (Un)
So Calif
Oct
66%
'
i. 25%
Feb,
43
Range
14%
*
Brewing
Manufacturing
Lone
■-
3% May
27%
4Va Aug
25
Mar
Pitt
Joy
Apr
May
6
15
Signal Petroleum Co of Calif
Ltd
/
9
Jun
227
a38% a38%
.—15
Sierra Trading Corp
25c
Signal Oil & Gas Co class A——.
•
Co
/"V.;.
21%
7%
2.50
(Un)
3
21Va
Jun
Jan
% May
3,300
1
37
1
Follansbee Steel Corp
32%
7y4
Oct
Jan
64%
..
Feb
2
7,500
Week's
•
♦ r
Duquesne Brewing
36% May
4'/a
28%
23%
•
Feb,
52
of Prices
Last
Corp—
Commercial
53
40
1-762.
?,
54
Columbia Gas 8vstf»m
Jan
Feb
100
-
48
*
Jun
8
46% Jan-
1,760
25%
—*
32 y4
5%
920
Sep
..-25/
Jun
25%
Co
25 y4
a,V
25% Feb
40% Jan
Jun
17%
24%
Co
(D L)
39% May
8
Jan.
25%
3.601
Co com
Gas
62
1
preferred
preferred
Natural
225
(Un)
Edison
Arkansas
Clark
tV
20-.
110
-
.■
4%
Allegheny Ludlum Steel
32%
i
&
:
Blaw-Knox
5%
Oct
mVs May
22% Jun
603
66%
,
Par
Jan
a
Jun
'
4%
•
Sale Price
32%
__
37%
Jan.
23
:
Apr,
20%
64%
STOCKS—
a43% a437/8
>
Jan
42 % Aug
Stock Exchange
a33% a33%
1
17%
'
Friday
Apr
1
(
.
Oct
May
•
32%
(Un)L
33
3,483
348
'
1975
-
—
a43%
•
V
/
tt:
*
.—.1975
4s
a33%
(Un)
223
*
1961
2%s.
Tel
Transit
24
110
20
'
1957
Improvement
Gas
10%
8
32% Jun..
Apr
;
10%
:
1
Jun
-
64%
Co
12
.
Jun;
60%
common
Corp
Jun
a
14
324
24%
28
•
Co
Seaboard
For
31%
24%
1—25
Safeway Stores Inc
I
30%
28%
Jan
-
-
3,143
^ 1-285
241/4
2%s
Jan
525 ■'
9%,.
a9 V*
(Un)
Industries
4%
3,815 /
.
^
30%
8%
al4V8
Aeronautical Co
Textron
14%
•
div
•
Corp
Regis Paper Co
Jun
Jan
common
Corp
$1.40
Baltimore
Apr
3V4
6%
16%
Public Service El St Gas common-
19%
50
;
Schenley
53%
•
4,881
^
25%
240
33%c
(Un)
Gas
Jun
250:
3%
8%
9%
l
(Un)
50 y4
Jun
24%
preference common
a21 a21%
(Un)__2%
(Un);
703:,
52%
3% "
„•
(Un)
Co
Drug Ir.c
&
19%
14
Sep
51 Va
7%
24%
div
35% Sep
•33% Aug
•
10%
Mar
Richfield Oil Corp common
Stone
19%
14
•
50
10
93/8
18 3/4
13% Apr
20% May
12% July
v
.50'
.
ll%rJanl
^6% Jun-
-
25
*
•
•
3
Oct
32%
12%
28
.-580
9%
10%
Corp
American
Jan
3,800
-
Jun
12%
....
BONDS-
Sep
2.65
1.30
9%
24
Jan
61
Reserve
4.48%
17%
11 %
f
8%
37%
United
Sep
Jun
Sep
28%
Corp
4.32%
48
Oct
5%
Jan
Pictures
4.56%
y4
12%
Sep
—
Calif
43
38
320
•
8
42
Sun
Jan
51%
Republic Steel
4.88%
300
44
125
*
—10
L)
July
27%
America
Warrants
Southern
20
345
Republic Petroleum Co
Oil
11%
Jan
325
Radio-Keith-Orpheum Corp
Shell
Jun
16%
" 58
Company
Security
8%
140
28%
Company
Roebuck
r'.v- ■ 880
51% Jun
3,098 —:
213 . Mar.
'~/ 66% Oct
KM'.llVt Jan -,
Oct--1"-
/*'■ 190
1
*
14 3/4
233/8
United
Jan
28%
(Uni
Incorporated (Un)
Sears
20c
,
-
66
353/4
Scott
Jan
Sep
■r.
190
*
Reading Co
Oct
13 y4
Jun
7c
1,000
17% al7%
6
9%
57%
Pullman
St
"
-21%
17% -Jun
425
-
41%
Phi1 co
]
8% Aug
31%
25
Phelps Dodge Corp
Ryan
372
-I;'
Jun
•
24
Oct
-".58
Car Co
&
270
15%
Jun
-
-
t
37%
$1
Sep
—10
Pictures
Oil
11
6%
190
63%
r
•
—
•
Jan
Mar
,
Co
Pure
Rexall
120
Jun
5
66
14%
Sep
Sep
Pennsylvania RR
Republic
1.90
Jun
85c
Jan
31%
_
—25
Pan American Airways Corp
Radio Corp 01
2y8
Corp
Lighting
Oil
Jun
14%
10%
30%
25
__——
Indemnity
Pepsi-Cola
Feb
1.10 Mar
17%
8c
1.55
1.55
200
}
65%
Pennsylvania Power & Lignt.—
Pennsylvania
RR .
Pennsylvania Salt Mfg common
Pennsylvania Water & Power Co
Philadelphia Electric common
Jan
17%
Oct
iy4
40%
190
L
(Glenn
Pennroad
:
7,075
,J
26%
Jun''
6%
70c
200
.
Jun
20%
830 *
1,078
:
18%
190
A—.
Jun
Jun r
'
18% Aug
59
5%
redeemable preferred class A—25
Paramount
Jan/
10%
43%
a
5%
25
common
—.
Motor
14 >/4
125
5%
Packard
355
/"■
21%
40%
Brother*
Martin
Oct
420 V
preferred
Pacific
23%
30%
5%
Pacific
Jan
8%
a
10
:
•
—;
preferred
16%
15% July
al7al7%
8
Corp of Calif—
preferred
2,004
;
-
16%
Corp..
'
9
-
8
21%
21%
>
12% Jan
Jun
7%
'473
r
40%
l3/4
;io7
;
653/4
Lehigh Coal A Navigation—
Jan
10
d_«'»—*.
w
Products
Gas & Elec
Pacific
July,
1.45
48%
21%
10%
I
(Un)_
Finance
Pacific
1,400
90c
-10
Company
Co
Jan
53%
7%
21%
Light com
)
Motors
11
8% Mar
Jun
210
8c
/
;
1
—
14%
__
10
-
Co
Edison
;;
(Un)__100
Aircraft Inc
Jun
26%
6%
200
10%
10
Cons
Northern Pacific Railway Co
7'/a
Jun
90c
21%
—
1
(Un)
(Un)
Jan
20
St
13%
-J 21;
14% Jan
Jun-^
Jun
3.25 Jan
16
Feb
11%' Sep
; ' 199 *
44% Jun
-57% Jan.1
1,175
4% Jun—*-- -8
Oct.
1,718 -■
16% Mar-• ;-n.^22%«S«P■*,■-*330
16%' Jan X ^2124. Sep,-502
;
,11% Apr r ■1
117
18 % Oct
t V,, 399
34% Jun ;
51% Jan
69- 1. 563/4 Jun t; • • •75% Mar;«
217 Jun s;
3 - 190 w Oct A; ■
2%
8
21%
America class
of
B
Glmbel
'
620
163/4
8%
•
Inc
American
a
I —
8%
j
1
American
Oceanic
*
•
..
North
Ohio
(Un)
•5
a51% a52%
—
1
(Un)
North
Northrop
?
Oct
100
'r
•
2
16%
—1
47%
Jun
Class
General
8%
52%
52%
—-
Fidelity & Deposit Co_w*—
Oct
11*.
240
12%
13%
—
Power
Jun ;' J
138 f
'
691
2i/,
Sugar Assoc common—i.
Storage Battery
-
Electric
Jan
750
V
80c
1%
.
—
Central RR
16 y4
56%
39
*13
75c
2
Montgomery Ward & Co Inc (Un) —•
Nash-Kelvinator Corp
(Un)5
-
Aug
May
•T;1,067
26
9%
—
Middle South Utilities
New York
25%
'
1
National City Lines Inc
National Distillers Prod Corp
15
43
-
2,789
13%
10
10%
Corp
Delaware
49% Mar
"
!55
16%
1
Co
-361
28%
28% Sep
150% Jan
Jan
13
vtc
preferred vtc
Chrysler
Jan
-
,
High
Low
21 y4
10
Curtis Publishing Co—
Apr
3
1st
com
Davison Chemical Corp
Jan
27% July
Jun
42%
*
Range Since January 1
High
27%
13%
Budd Company
July
8
•
Sales
Shares
143% 144%
144%
Corporation
Baltimore Transit Co
1.50 Mar
31
222
'
4%c Jan
for Week
410
Baldwin Locomotive Works.-
Oct
Feb
Jun
1,700
Oct
48'/* Aug
Oct
2c
Range
Low
6c TeL
American Tel
Arundel
Jan
■
•
29
Jun
45 y8 Mar
of Price*
Last
Stores
American
Oct
'
Oct
"
Jan
9%
-
17%
21 y4
1,080
Week's
Par
July
«.
270
2,950
Apr
1,000
Sale Price
Oct
;
7%
13% May
475
2c
.
STOCKS—
Feb
Feb
Oct
8%
"
*
,
29
45%
2c
i—
Feb
a~5%
125
28
,
Oct
•'
a_i
960
45%
—
Oct
13 y8
Feb
9%
Oct
Juiv
-
12%
*
Jan
9%
■
"
550
;
-
-10% Mar
Stock Exchange
3 V* Jan
;
36%
50
1,250
;■■■'' ■
23%
__
.——1
i—.
Petroleum
Merchants
1.05
23%
•
20
,
Biltmore Hotel Co
Mfg Co
8
17%
Friday
'
1,10
1;
.
Magnavox Company (Un)
Mascot Oil Co
Menasco
J
17%
*
Sep
.
51
725
t
Oct
100
8'/a
7%
29
10
10c
Mining Co_
Oct
7%
243/4
8
.
100
Co
Lockheed Aircraft Corp
L-oew's
7%
24%
4
(Un)
Company
47%
6%
Sep
a47 % a47%
46%
"
„
12.50
24 y4
Feb
68
~
(Un)
Co
Jun
1,450
Jan
41% Mar
1,380
'
W)
IF
Gold
Feb
Oct,
15%
Feb
34%
:
310 -- Jan
7% Jan
"Jun
300
Wool worth
39 y2
35
13%
*
(Un)_J
Sep
20%
50
11%
7%
Air Lines Inc
Union Tel Co
1
44
; al2
al9%a20%
—
Sep
33 y2
■1,080
24%
43
.
12%
>
West Kentucky Coal Co__
18
';• 260
34
Oct
16% July
al2
.
__
..—5
(Un)—
Inc
231
4%
Jan
2%
1,650
23%
>
High
Low
4%
17%
34
-■24y4
Range Since January I
High
4%
„
>
Oct
Jun
.
—10
11%
173
16% ' 16%
Pictures
Bros
Shares
17%
-
__
Bakeries- ——•
D
13 y2
'
Kansas Power &
Warner
-
•
Corp_
H
18 y4
2,155
'
Kamp's
Feb
31c,. Aug
; 1,110.
1
Steel
States
de
12% July
11
511
9%
5%
'29Va
8%
\ 1.30
;29%
/
*
458
14
9%
29%
9
1.35
29%
a64
93/8
J 4%
14
9%
-
1
Corp
...
,
•
(Un)
International Nickel of Can
Paper Co (Un)
15
International Tel & Tel Corp (Un)—•
International
\
100
.
—
"
Oct
Jan
1,800
,
,
—
10
.
69
21%
*
United
Van
Oct
35
39%
•i-
Co—
Hudson Motor Car Company—-'—12.50
Hunt Foods, Inc——_;!
—6.66%
Illinois Central RR Co (Un)
;
100; '
Independent Exploration Co
33y*0 7
Holly
39%
w,
3
—5
:—1
!
(Un)
Corn
,
4%
>
10
(Un)—-
J Universal consolidated Oil Co
Feb
Feb
15%
13%
—
Goodyear Tire & Rubber Co common—*.
Graham-Paige Motors Corp (Un)
1
Great Northern Ry Co pfd (Un)___—•
Greyhound
15'A
13%
65%
5
*
(Un)
General Public Util Corp
—
Feb
17%
210
a46% a48%
64 65%
-
Oct
9%
23
30
3//<
14%
37%
—
•
-10
28%
Jan
50 %
%
•
10%
15%
37%
8%
; United States Rubber Co
•
12
36c
300
w
3/4"
10%
15%
1
——2
*
Corp /(Un),
Corp
,
——
class A
Corporation
Garrett
—
100
Bk
Liquidating Corp—
Fitzsimmons
12
33c
300
—
1
Equip Co com
Exeter Oil Company
Oct
522
——
—10
Jan
20 V* Aug
for Week
Low
—1
Corp
12%
Jun
7%
(Un)
Gaa
55 y2
Feb
22
70
Corp
Un'ted
.} United
100
50c
al8%
al8% al8%
Electric Bond & Share Co I Un)-,
5
—
17% 173/4
Electrical Products Corp ———4,, al33/B al33/e
Inc
Industries
Dresser
8%
1
8V4 Jan
Jun
54% Mar
119
925
69
69
—
5Y2
50
a5%
a63% a64%
12 12%
28% 28%
a7'/2
a8
a20%
a21
Par
High
.
Range
Bale Prioe
!»*{« Since Jannary 1
Low
a5%
--
5
common
Corp
Corp
" /—
1
Inc
America
ol
Creameries
Crown
(Un)
—1
(Un)--!—,—5
Motors Corp
Continental Oil Co
Share*
High
Low
Sale*
Week'*
•(Prices
Last
STOCKS—
for Week
ef Prices
Sale Prloe
rril»y
.
Rente
Lest
Par
Continental
Sale*
Week's
Friday
STOCKS—
ENDED OCTOBER 21
-ssr
Jan
-
THE. COMMERCIAL
Volume -170-■ Number 4849
& FINANCIAL CHRONICLE
(1627)
39
OTHER STOCK EXCHANGES
week ended october 21
range for
'
J
San Francisco Stock Exchange
Last
6TOCKS—
Range
•
,
,
"
Sale Price
;
Low
Par
Air
Reduction
Alaska
Co
Juneau
(Un)
Min
Gold
Alleghany Corp
*
(Un;
Co
American & Foreign
Power com
Light
Amer
Radiator
a
&
San
Stan
Woolen
Anaconda
Feb
3Va
Aug
Monolith Portland Cement com
12 '/b
Oci
Monolith
Arkansas Natural
Armour
&
Co.
Montgomery
Mori ison-Knudsen
300
1%
Jun
270
7%
Feb
12%
Oct
13%
150
10%
Jun
14%
Jan
47%
225
45%
Apr
53%
138%
Jun
1493/4
22%
Jun
37%
25%
355
27% ' 28'A
343A
Jun
Auto
National
Feb
City
(Ill)
33%
5,240
28 Va
July
33%
11%
ll3/a
166
6%
Jan
11%
National
Oct
a6'/4
a6'/4
50
5
Jun
7%
Jun
(Un)
—
100
a99%
a99'A
100
a22%
a223/e a22 V2
16
_2%
10P
6'/a
6'/a
1,502
(Un)
Atlas
Imp Diesel Engine
Atok Big Wedge Mining Co
Avco Mfg Corp
Baltimore
Bank
&
Park
New
N
Y
RR
Earnsdall
Oil
Co
4 Va
North
American
Oct
North
6 Va
Jun
Oct
Amer
6%
North
Mar
22c
Jun
1,270
5
Jun
7%
Jan
Northern
—100
a9'/a
a9Va
50
8
Jun
10%
Jan
Oceanic
•.249
251
Jan
Occidental
(Un)
common
''
Corp (Un)
Bendix Home Appliances
V
320
a50% a503A
5
Aviation
5
I
32 Va
--.
42
60
50
Mar
26 'A
8%
400
33 %c
:
355
237% Aug
210
32%
32c
Cons
Bethlehem
5
Steel
„P1
—.
2%
23/8
a28%
a 29%
250
II—1—2
(Un)
Airplane Co
63/4
(Un)
Borden Co (Un)—.
MBorg-Warner Corp
14'A
1.95 Mar
400
18% Aug
2.70
24
i
'
Dept Store
Jackson Co
it
Calaveras
Feb
45
May
52
Co
Can
Gas
Pac
,
7
360
9
a23%
■—-f—
cap__'
—1
—
a23% a23%
Cemeni.;.jL2b;;
Vv.
.
j
f
4.:
4
'
■
"4
9%
rj Calif Pacific Tradjng Corp pfd (Un)—*
6%
9%
6%
-
,
i
6%
Preferred
—
a52%
-50
—r—j**-.,
\ Canadianf Paciiic '
Railway J (Un)—.
If Caterpillar .Tractor common—.
-10
;
/
.
Jan
8% Mar
/ 6%
Feb"
36'A
Co
Oct;
52%
Feb
58
Corp
America
•
Mining CO
1
10%
ijun
14%
,—25
29 %
a
Jun
343/8
Mil
St
Paul
RR
(Un)L
Co
(Un)„_
Columbia
Broadcast
Columbia
Gas
Commercial
29
29 3/a
73/4
320
(Un)
■
64
63%
*
——
—
24%
a
—
Gas
Vultee
of
Co
(Del)
—
—
24%
113/s
•!
Public
Pacific
r
',
■'
10%
.
11
a5%
12
-
ft."*
Tel
«•
7
-'>>
866
>
Mfg Co
Chemical
Dumbarton
du
Pont
Co
8 Va
—
—
'
Pennsylvania RR Co
Jun
8ya
57%
Jan
18 Va
9%
*
Kodak
Dorado
Electric
Oil
j
—*
*Apr
24%
Jun
11%
"
30
29'A
27%
j
Sep
43%
Co
r' A
12%
8
Jun
5%
•
Jun
8'A
55%
./
Jan
;
Apr
202
94
Mar
■, 1,370
90
May
V
101%
200
8%
Jun
12'A
Jan
535
3
Jun
30
:
12%
325
:;Y;'
6%
200
537/a ? 54 Va
1,182
24%
43'A
71
43%
General
(Un).,
—5
17%
17%
Co common
-
'
'y
1'
'
m« ~m
39
38%;
■'
12 Va
12 Va
—5
'/
503A
Apr
7
Paint Corp
—
A
'
Oct
!
—*
;
*
common
/
12% Mar
:; is'A
Oct
100
1
11
27
259
Jun
39
:
>;
Jun
12%
(Un)
common
Rubber
(Un)
66
7%
Jan
•
22% May
-
28%
Jan
164
26% May
343A
Jun
41%
Jan
53 y4
Jun
653A
272
10
Jun
16'A
Jan
100
16% May
39% Jan
T 45% Oct
North
Greyhound
Ry
pfd
ilon-cum
Corp
1
(Un)
18
Sep
1,282
10
Feb
14%
Jun
70
56
Jun
66%
Hudson
Idaho
Corp
Motor
Co
Car
•
•
|
1
a
315
185
Jun
44
410
-
Jan
10
-
International
Nickel
of Canada
International
Tel
Tel
&
&
Corp
16% July
19% May
23 Va Mar
18
May
1.65
Jun
•4%
J
42y4
Jun
66%
25
10 Va
Feb
14'A
Oct
2.55
12,997
1,925
Va;
a29Va a29Va
30
9Vs
93A
4 V4
5'A
5,755
16'A
16'A
552
'
771
a29
(Un)_*
—
43A
Land
County
Company
.
48
—5
;;,
....
(R
LeTourneau
48
46%
46%
Inc.—,
^
1.70
32 Va
7%
26
2.55
Jun
35
Jun
■
Loew's
Inc,
Macy & Co
Magnavox
(Un>
/
—
23%
—1
—
Marine
——_——
Calculating Machine.
Bancorporation
Martin Co
(Un)
—
19% July
3iy4
3
9
Sep
Jan
;
41 %
Jun
Oct
553A
Jun
39
(Glenn L)
1
1
23
80
27% May
106
9% Mar
6 3/4
Jan
47%
Oct
32'A Mar
13
May
J,un
8%
Apr
29 %
27%
Sep
28%
Sep
835
50
Jun
54
Jan
1,573
163A
Jan
16 3/a
245
14%
Jan
18% July
28
Jun
313/4 May
Jun
18
32%
100
10%
13
2,105
23
23%
1,900
18
Jun
36%
36%
100
35
May
9%
200
53/8
73/4
104 Va
100 V4 Jun
175
Sep
Oct
63
July
44
540
,,
Oct
Feb
t'
167/a
16%
l
33/4
87/b
33A;
8%
;
—,
I
Sep
,"'s3a
Feb
10 Va Mar
300
15%
Jun
19
Jun
24 Va
200
2
Jan
Jan
20
270
~
Jan
4Va
Jun
8V4
'
270
■
Sep
3V4
' 453
14 Va
227
14Va
H'/a
•
103
'
18%
21%
2
18%
21 Ve
•
2
183/a
—'
r?
Sep
Feb
2 3/4 Mar
Jan
17%
Apr
Oct
;
a44
Jun
Inc
.3V4 July
180
11%
500
.
Jun
•
(Un)—
Keith
•
(Un)
Incorporated
1
com
25
Co
._1
common
(Un)
•
10
Manufacturing Co
Oil
—
Corp—
1
1
25%
Feb
32 Va
Apr
12%
133/8
2,328
9%
Jun
14%
Jan
7%
116
55%
a24'/2 a24%
195
55
—
j/,—
'
Calif Edison Co
/
—
Pacific
Southern
8c
42%
'
—
Oil
26
33%
26
"29
—
303A
—1
103A
Ass'd
Oil
Co
Of
United
Aircraft
United
Air
Calif
28
a40%
28%
5
common
(Un)—
12%
—
10
-
11c
34%
Feb
42%
Oct
31
Feb
39%
Oct
Aug
34
24%
Jun
17%
Oct
21
Jun
28 y4
Apr
2,051
293A
Jan
188
26
Oct
88
24
; 750
220
2,513
'
13 VA
Sep
26 % Mar
31
O-t
33 >4
35% Aug
10 y4
Apr
Oct
S Steel
,
U
'■1
Universal
Corp
10
Utah-Idaho Sugar Co (Un)_„
Vica
Company
common
(Un)__
:
5"
25
Oil
!
Jan
Apr
8% May
Victor Equipment Co
j
Warner Bros Pictures
Wells Fargo Bank & U T-
(Un)
'
22 Va
Oct
55 V4
Jun
70
Sep
/
j
Westates
Petroleum
Preferred
West
Coast
(Un)
Life
82c '
80c
1
5
61 %
Juii
72%
Oct
16%
Feb
25%
Oct
16 y*
Feb
22%
Oct
185 '
48%
Jun
623A
Oct
19%
Jun
25 %
Jan
10
Jan
14%
Oct
869
21,209
33%
Jun
413/4
Jan
25 Va
Jun
32 »A
Sep
140
21
Jun
24 y4 Mar
489
10 3A
Jan
14% Mar
370
1,619
100
2%
Jan
43/4
1,227
20%
Jun
24%
35
Feb
51
-
20
(Un).
1
>
West Indies Sugar
Western
Western
Dept
Union
Western
27%
Sep
Westinghouse
37
Apr
Woolworth
Apr
Yellow
Cab
'F
Co
1
——
Air Lines Inc
iUn)—
1
1
Mc
Stores
—
;
7Va
r
—
*
12%
29 Va
10
.
...
19
Elec
W)
Corp
40
2
155
1,170
54
1,820
82c
'
(Un)
(Un)
fUn)—
—
J.
17 -17 /2
al7I4
. 28
29 A
45%
—
6.
1,190
40
20
al8% al8%
--
common_^.«.—1
Telegraph
251
...
4I/8
(Un)„—5
common
.—_—
Insurance
45%
6
Sep
39% Aug
138
12
13
276% 281%
12%
277
'
42%
155
7/8
j
Mar
Jan
920
a3
a3
a25c a25c
—
<
—5
100
43 %
9 Va Mar
35c
18
387
24'A
43 %
—
———1
;
23%
—
Oct
49"Va
27%
32c r'Jan"
1,230
a4%
24Va
•
common
Consolidated
ll'A
jun
July
33 y4
24
180
14'A
a4%
—
Sep
Sep
600
a23a24%
.
333A
31
May
630
50
Sep
263A
390
■
24
13%
Oct
Mar
1,196
1,133
a40% a41Ve
28%
• 29
a4%
1
(Un)—
23%
12%
—•
(Un)
Inc
Lines
29
Feb
Jun
62% - 62%
2
United Corp of Del
12%
Jan
6c
Jan
22V2 22/u
■
23%
10
common
Carbon
Corp
Oct
16%
14'A
24%
28
Oil
&
24 Va
Feb
10
18%
-
24 Vu
6% Mar
20 V4
71%
—
Sep
4% July
345
68%
71%
*.
Oct
29
July
23
710
a43% a44%
—
—„10
Transamerica Corp
Carbide
67 %
!
Sep
28%
187
44
„
41%
Feb
508
] 11
—
Jan
21 Va
665
36,462
33%
26
a29
31
43 ^
'
—L—25 '
38
1
(Un)
25
•»
350
•
24
17%
26%
—
'
•
Calif
-(Un)
Company
Water
Jan
—
Super Mold Corp cap——
Texas
19 3/a
14
•
11'A
29
9c
42%
107/8
*
of
Oct
Jun
465
33% 34 Va
333A
capl_
Co
39%
557
—————-26.- 27
i——2
't,4*. ;/,a83A a8%
*
'33c
33c
Standard Brands Inc (Un)
•
21%
21% 21/a
Standard
Jan
240
32%
—
5
u——
35%
200
32
23Vb
"16%
Jan
225
393A
33%
/
■
5% Mar
26 3/4
350
383A
__
•
.
' •
23%
' 167/8
26%
Co
Feb
4% July
Jun
,5
283A
j-/
1
Southern Calif Gas Co pfd ser A_—25
Southern Co wd
343A
July
28
17 V4
28
,
10%
—
—
preferred 4.32%
25
4.48% convertible preferred——25
Cumulative preferred 4.56%—.—_25
Jun
Jan
255
17V2
3914
27%
17VA
383A
27
277/8
5
'
'
28%'-
'
(Un)—•
com
*
,27%
' V ,5
•
•
:—15
8
Pulp Co
•
—
:<■; 27
15
—,
62% Aug
28%
—
•
:
0il Co
Jun
Jun
21%
70
1,300
-
Apr
9
7%
42 Va
,
130
30V2
'5Vs
53A
.
,,
21
21
a38%a383A a393/a
30'/2
—'
"
«
't-i
1-———10
—5
.PIO
Apr
23^
12%
,
•
—
Jan
35
a31% a32%
—;
-100
—-
21%
...50
(Un)——1
Orpheum com
32% July
a34'A a34'A
—
i
6% Mar
7%
•
(Un)
Jan
17%
83/a
50
•
Oct
20%. 23%
93/8
26 %
703
Feb
Union
f
Jan
23%
a
1,475
v
r
11%
Union
Jan
16'A
Sep
234
286
•
15 Va
275
a313A
Aug
1/64 Sep
33%o
25
Equip & Realty Co Ltd pfd
Tide
Oct
Feb
73/4
ils/a
1
5
30%
73/4
a31%
'
Marchant
.
16 3/a
•
—
(R H) common
Co
*
30
Sep
Jun
alO'A al0V2
al0%
1
7
30%
30 Va
10
G)
Libby McNeill & Libbv
Lockheed Aircraft. Corp
Apr
89
—
'
Leslie Salt Co
V27
60 V4
t
.'
.
_•
I
I
;
—8.75
(Un)
70
'
Kern
'j
Jan
2.25.
249
49 %
\' Standard Oil Co (Ind)
Standard Oil Co of N J
;
Rtudebaker Corp (Un)
Jan
352
a353A,a35ya
-8%
9
2.45
(Un)—•
Light
Oct
11% July
1,100
9
Ksiser-Frazer Corp
Copper
„
v
40%
9% Oct
60
60 ~
a35%
,
1
com
i(!
23A Mar
1.90
• • -
33V3C
(Un)__1
Corp
Mines
1% May
343A Jun
112
1,585
20
Maryland
Power
"
•
_
Jan
Jan
Spring Valley Co
a—
37%
al33/8 al33/a
V-—
Idaho Power Co
Kennecott
„
.1.90
..
183A
21
18'A
21
1.75
Oct
32%
f Sperry Corp
Spiegel Inc common
1
«
35
:
1%
40
10Va
9%
,
—
12.50
—
Independent. Exploration
Kansas
—
^—*
.
"-1%
.
40
S
Pineapple Co Ltd
Hobbs Battery Co class A (Un)_
Holly Development Co common
s
Oil
—
36 Va
Apr
912
v.
Cumulative
V
Oct
(Un)_*
—.
Hawaiian
Honuiulu
>
,
Apr
30
509
'
f
Graham-Paige Motors
33
390
Jun
Southern
"1
>
14%
39'A
Sep
34
Jan
1,002
;
Feb
Soundview
Oct
17%
30%
8,810
Feb
Jan
100101V*
50
Signal Oil & Gas Co A
Oil Corp (Un)
Socony-Vacuum Oil (Un)
\
{
177
139Va
Apr
rl/128 rl/64
(Un)
Sinclair
27% Mar
66 66%
a63% a633/8
*
—•
103 »A 1033/4
61 Va
63
62
?
8Va
6
July
533A
51%
51%
103% ;
—•
Seara Roebuck & Co
Apr
% July
1,144
13%
6%
3%
37
Oil Co
Shell
Jan
1,419
17 %
100
,
Jan
101 Vt
.
r"
37%
13'A
100
Co
28 28%
Jan
13%
26% May
1
Stores Inc.
San -Maurico Mining
Jan
147
37%
#—
*
common
preferred
Great
317/8
30
28'A
28
1
Safeway
.
-47% Mar
a463/8 a48%
65 65%
12% 123A
—
a46%
65'/a
•
10
Ltd
&
35%
31%
30
27%
33
' 800
323/4
35V4
Oct
23% May
10
Jun
200
Oct
Aeronautical Co common..
ir.i
;'i-v
Oct
14%
31
%
27 %" 27%
.25
Corp
F)
32%
,
31
24 V4
Ryan
V
Oct
Jun
9%
595
%
-10
——*
Tire
5
Jan
Mar
41c
Oct
28% Aug
260
7'A
4%
20cr
513
13
-7%
,.
1,600
52 >A
Richfield
July
54%
Jun
40
208
l;
27
—1
Preferred
(B
123/a
4
1,765
;
S & W Fine Foods Inc4
30%
Feb
5
470
(Un)
Goodyear
20c
30%
30%
1.40
243A /* 24'A " 243A
Riverside Cement Co'class A (Un)—•
Roos Bros
common-—1.-1;—
1
T
Jan
;y., 6
Apr
47% Aug
j
429
11
(Un)
Motors
Goodrich
Sep
2.65
93
,
* 350
126
Rheem
; '
f
Jun
50%
)//'
•
Electric Co
4%
17%
Sep
;
I
19V4 May
Reynolds Tobacco class B (Un)
(jvC
83A
11
preferred
General
Co
13% July
1.75
24c
31
31 Vs
1.65
205
Republic Steel Corp
*
Oct
96
310
43%
Co
& Equip
State
Jan
a9
Preferred
Jan
•
*
General Foods Corp
Golden
60
Feb
(Un)_„a
(Un)
Mines
Republic Petroleum
■
General
Jun
29
Jun
;
& Share Co
Kleiser
37%
28
<
Sep
Aug
942
a44
Rayonier
Oct
8%
1
May
14%
85
10
15%
—.—•
(Un)
Radio Com of America
Ry
'
&
19
75 Va July
a427/8
Radio
Jun
12%
)
Jan
Jun
54
20
(Un)_ .10
common
Liquidating Corp—
Machinery <te Chemical
Foster
Oct
Mar.
70
108
.—
Pure
Jan
Sep
882
:Y 6%
—5
R
Food
17V4
14
" 79
79
43'A 44 Vu
al7% al7%
" a9
Pullman
Jan
'
FA
85
10VA
a61%" a59%a61%
Whistle conv prior 'pfd—L.—17 VA
•
—,
1
5
5
Sound Pulp & Timber (Un)
V.A
11% 12V2
Pig!n
Sep
44%
41%
-■
Utah
Puget
j
,
Jun
34'A July
21% Mar
253/a
950
49%
50%
-10
(Un)
Emporium Capwell
Emsco Der
-1
Jan
1.25 July
50
——
Fhfllips Petroleum Co
~
>:
Jan
113/a
,
Oct
T 300
!_•
Pepsi Cola Co (Un)—
(Un)^
Oct
Apr
'Jan
17
3%
3'/4
"'/ ■'ml
Il5
Works—
Bond
123/4
Jun
—
/ •,
•
V Phelps Dodge Corp
f
143/4 July
-
/T
Oct
64
'
El
Jun
8V4
10
8% Aug
Jan
Jun
"
Eastman
Jan
9%
425
—
}
*
*.10
r
Companies common
Jan
8%
•: 83A
•
Nemours
de
25
common
com
34 y2
9
9
—5
common
Bridge
(E I)
—1—25
series A„25
—
Oct
50
283A
8
com —5
(Un)
•
Pictures
35
101 101 Vu
101
I.
Giorgio Fruit Corp class A
Class B common
Dow
1.50
675
14
35'A
common——100
Tel
&
Rights
Cons
>
282
123A
28 'A
—5
Corp common
Dominguez Oil Fields Co
j
Oct
al7al7'/2
32'A
V
"
*
Park
43% Mar
189
a64% a64%
—1
Inc
27
a5%
11
„5
(Un)—
Service
Packard Motor Co
30 '/a. Jan
"
238
40%
26%
—1
preferred
Doernbecher
11%
| Pan American Airways (Un)_—.—^
1''
Di
28
Cement +(Un).
Portland
Paramount
132
a41'/a a41%
—
(Un)„ „1
Preferred
2nd
Jun
7'A
25
4
OCt
5
175
173/a al7%
40 V8
.
<Un) II*
(Un¬ _15
Aircraft-
Amer
Zellerbach
1,025
4%
1st preferred
.
;
.
Crown
11%
'
—
2.10
120
a28% a29'A
'
■
«...
common
Continental Oil Co
-25
»
Co of N Y
Natural
Motors
Creameries
Oct
__
8
1st preferred
Jun
443/4
636
11%
24%
Sys class A
2%
com
(Un)—
*
; 1 Consolidated Edison
consolidated
7>A
31
28
29
-
Continental
5% Mar
24c
5
common
Jun
300
53%
7%
10
;; Cons Chemical Ind class A
Consolidated
7'A
170
—
•
preferred
90c
642
53%
System
Solvents
j Commonwealth Edison
i
21 Va
10y2
—
1
cap
common
24
14,054
100
;
Service
Jun
Feb
'
2.10
_25
com
Chrysler Corp
Cities
Corp
Lighting Corn common
preferred
Pacific
ji.
Sep
1.65
1
Chesapeake & Ohio Ry. (Un)
Chic
6%
17%
-
*
Oct
16
Jun
50
al.25 al.25
103/8 10%
—
100
preferred
red
4.50
Jan
27 Va
27 3/4 a27%
1.90
of
Eureka
10
,
j.
Electric
&
Paraffine
Celanese
Central
9V8
3,960
723
Apr
165
9
Jan
7!/4
79
Aggregates
1st
Pacific
Jan
770
v
31'A
15%
Jun
11%
al.25
(when distributed)—8
red
Pacific
Oct
!•
30
Sep
10%
5
|
93/4
Jun
23 Vu
16
—
(Un)
1st preferred
5%
^
r 6% Apr;
367 •.
-13% "13%
31%
i
Sep
19% Mar
20
"
34%
a52% a523/4
-
r—
w
_25
5 %
600
.
34%
Cbrp common—
'
1,285
■
i.
;
f'i California Packing
I
">
3%
500
-
762
2iy2
'■
^1
5%
Mar
50
6% July
21 V4 Jun
25 y4
Feb
8
57% Mar
Jun
a8%
: 11%
100
1st preferred
6%
5Vu%
Oct
V
Sep
6% May
48
15
„
,
3%
20
21'A
—
—
Cons
Petroleum
Coast
Sep
44 ye
7
*
-
Calamba Sugar
40%
miinlo
.
Jan
a8%
—
1
(Un)
(Un)-
j
Oct
96
52
2.10
Jun
325
'
al47/e al47/a
__
*
(Un)—.
E roadway
i fcyiron
:;'Y/
'¥
(Un)__—_10
Oil Co
Pacific
Jan
120
a47
22%
10%
10y2
common—.
Ry
com
Mar
52
a46%
a46%
—15
Feb
1.35
10
6%
52Va
22 %
51%
•
com
Oil
5%
j!
8
Oliver United Filters class B,
(
2% Aug
33% Jan
Oct
1,225
5.7B2
!
,22%
22%
63/4
7
2.60
22%
2.25
2.30
*-1
—
3%
—100
Ohio Edison
Feb
10
May
Co
Ohio Oil
Aug
343A Mar
Jun
2% Aug
23% Jun
4.386
2%
•
(Un)
'< Bishop Oil Co
Blair Holdings Corp
? Boeing
,
Mining
3%
6%
>
22 y2
1
Aviation
Pacific
Paciiic
Eenguet
July
1
—
Invest
American
4,800
'
Oct
23c
153A
———*
preferred
31c
——
30c
July
•
(Un)
Corp
i
(Un)
American
Jan
23'A
Aug
20% Mar
6 Va
100
Jun
15c
1
Mining Co
30c
31c
22c
1,500
1
Fibres
Lines
—
Central
57/a
A
N
5%
24,400
19c
__j
5
(Un)
Linen-Service
3
_
(Un)
RR
California
of
fcenaix
Ohio
a
102
R7
150
5
Top & Santa Fe
30c
18c
—
10
Corp
North
Atchison
Atlas Corp (Un)
29c
—
,
14Va
Oct
31%
32'A
4,250
1*
(Un)
Co
&
Co
| National Distillers Proaucts
Jan
5
A
pfd
Cement
Ward
National
Jan
150
Portland
Nash-Kelvinator
.
Feb
1,798
>
a24 % a25Vs
(Un)—»
20
class
Gas
2.05
(Un)_10
Oct
Natomas Co
Anglo Calif Natl Bank
Aug
1.65
(Un)—*
Feb
2%
,28'A
1
2%
12%
"■
Apr
37'A
30c
'
P10
(Un)—
Cons
M
173A
33 % May
2.00
7%
47%
50
&
M
Feb
140
a39%
50
2%
143% 144 VB
&
High
113/4
a40
—
1
Mfg
Low
325
14
18
(Un)__
Range Since January 1
High
Low
14Va
1,580
<
10
12 >A
a24%
J
Shares
Apr
13%
•
Copper Mining (Un)
33A
"—
*
(Un)
Co
Jan
2%
American Smelting Ac Refining (Un)__*
American Tel & Tel Co ,(Un)
100
American
""'2%
M
for Week
•
Co
Mindanao Mother Lode Mines
23% May
Feb
12 %
♦
(Un)_
2%
a
9%
10
(Un)_»
(On).^.
20%
300
3%
a2%
1
.
<Un )__i
common
American
Power
3%
10
.
American Airlines Inc
70
Menasco
;
High
Low
High
a21% a213A
—
Range
of Prices
Last
(Un)
Co
& Robbins Inc
McKesson
Bsnge Sines January 1
Shares
Navigation
Sales
Week's
Friday
•
Par
Matson
for Week
of Prices
.
1
'
I
•
Sale Price
Sales
Week's
Friday
'•
f
' *
STOCKS—
'
..
5
2.05
a—
Feb
—
Oct
Oct
July
3Va
Oct
a—
—
9%
Jan
7%
Sep
9%
Jan
13
Oct
Apr
290
Aug
270
80c„ Oct
4%
15
.
Oct
Jun
17 3/g
Jun
5%
1.20 May
73/4
Jan
Oct
20
22%
Jan
Feb
7%
1.675
13 Va Mar
17%
15
13 Va May
16% Mar
'
400
1.695
312
300
21
443/4
5
-
Apr
Oct
Jun
29 y4
Jnn
49% July
July
7%
Oct
Apr
V.
■
For footnotes see page 44.
*
|1
40
Monday, October 24, 1949
COMMERCIAL & FINANCIAL CHRONICLE
THE
(1623)
LISTED MARKETS
CANADIAN
RANGE FOR WEEK
ENDED OCTOBER 21
Montreal Stock Exchange
Lait
STOCKS—
ft
Power
$1.50
preferred
.
5%
New
Aluminium Lta
%%
Bathurst
Bell
-
ft
Power
Light
Trac
Power
ft
Preferred
British Columbia Forest
Columbia
British
Class
Power
B
Ltd class B
Building -Products
b1e
61%
26%
SeD
Powell
Oct
Power Corp
Jun
25%
Jan
10
61
Sep
76
1,240
21
Jun
26 V*
Jun
23
Jan
7,625
38%
7,630
17% May
21%
1,825
22
Feb
26%
Oct
26%
26%
765
2%
2%
2%
24%
28%
3%
303
5%
5%
25
1st
2nd
6
27
30
10%
Oct
50
'6%
Jun
28%
31
8,581
29 %
28%
29%
3,730
27
18%
50
18
50
8%
Jun
24
401
24
105
105
20
105
100
12%
12% ' 12%
$1.75
preferred
class
Converters
Canadian
Foreign
Canadian
B
Canadian
A
32%
5%
preferred—
-———
19%
Tuckett Tobacco
■\
July
11%
Jun
17%
14
Oct
14
11
1,449
:•
May
14%
Jun
Feb
122%
Dominion
-
Glass
♦
19%
Oct
r
Jan
40%
Oct
;
Jun
21
Feb
15
7
Jun
&21
305
20
Apr
Dominion
Stores
Coal
&
.'27%
28%
44
955
45
22%
Jun
28%
Red
35%
Feb
45
34
35
17
1,175
•
33%
—
1%
5%
Power
33%
21
19%
3,906
10
17
17%
350
11%
15%
16
240
"13%
235
11%
Feb
14%
Jun
15%
<
15
14%
15%
Apr
Sep
12
170
1,230
Jun
25%
17
29
30
185
24
Jan
30
24%
1,420
19
Apr
28%
Tire
97
97
97
105
97
Apr
17%
17%
*
Jun
50
25
25
25%
2,906
22 %
Jun
25%
47%
48
1,135
45%
Jun
48 %
Jan
109%
A
•,
165
"
■
m
Worts
5% .preferred
—:
Nova
„
33%
812
.50
45
■44%
45
Hudson Bay
*
46%
45%
46%
Imperial
•
19%
19%
Imperial Tobacco of Canada common_5
14%
14%
•
25
Bronze
common
17%
7%
preferred
Jun
8
27 "
52%
Jan
17
International
Petroleum Co
International
Power
International
Utilities
Mar
Labatt limited
Lake
of
the
(John)
Woods
Lang & Sons Ltd
—
Corp
Jan
20
13,621
16%
Feb
20
14%
1,218
14%
Oct
—
"Z;;
stocks—
'ZZ:.r;?ZZ
B
,
Pr
&
5
j
Brewers & Distillers of
{
Company
a30
5
6%
-
75
25
May
75
2,014
4%
Malting
Jun
8%
Jan
Co
7%
L__—...
preferred
1
9%
10%
1,301
7
"Jun
12%
43
Aug
59%
Jan
13 % May
17%
Oct
a50
*
a50
17
'v.
17%
1,695
150
22%
*
a 12%
19
Jun
23
Jan
Jun
29
Jan
*
18
—
14%
18
18
•
•
15
205
100
.■*••
10
10
5
8%
9
300
7%
•
22%
•
T4%
— —
■
•
7%
600
20%
22%
8,961
13%
14%
19
43%
19
19%
50%
70
44
50%
•
6,826
;i
19
805
16%
Feb
19%
Jan
13% .Jun
15% Mar
10
15
7%
6
15%
Aug
Mar
9%
Jan
July
7%
Jan
Jun
22%
Jan
Jun
'10% May
15
-Jan
'Feb
20
Mar
17
33
Feb
44
Oct
—
common—•
8%
preferred —_—
5
Consolidated Div Standard Sec cl A__*
Preferred
Consolidated Paper Corp
Consolidated
Textile
preferred
*
Ltd—:—1—*
com
*
Mills
—1—20
—
32%
17
Aug
23%
50
Aug
52%
Apr
David
32%
204
27
Jun
Jan
20
—*
Dominion Engineering Works Ltd!—*
Dominion Oilcloth & Linoleum Co Ltd.*
Dominion Woollens & Worsteds
—*
Donnacona Paper Co Ltd
•
Eastern Steel Products Ltd
*
32%
3,935
22
*
*
40
5
__
—
22
3
40
41
1,575
7%
7%
575
11%
11%
100
'40
101%
Sep
100%
Jun
21%
Feb
23
Jan
34% Mar
41
Oct
6
Feb
10 % May
8
11%
Jan
Oct
Class
&
B
Frere
Limitee
class
Jan
Oct
6^/4
Jan
•''
2l/a Aug
5% Mar
137
Oct
160
May
4
103
71
200
,
12 % Mar
23
Jan
50
Jan
13%
Jan
28 y2
Jan
820
:
18%
Jun
"132
42 ¥4
Feb
20
121/4
Feb
,,
20
-
,
Aug
30
25
'■
Mar
22
125
17
225
;
23
710
•,19% Mar
'
Jun
50
170
:70
64
July
-3
,
-35%
23 %
69
,23
Sep
T.90
610
22
22
30
80%" -
84
.345
;
Jan
'4%
4%
23%
1.90
"1.85
«
5
-
-
1115
-
Oct
179:
-Jan
•81
Get
5
...33% Jan
2.00
Jun
Jun
"«2— "Jun
89
3
'
.
Oct
23
Jan
Feb
24
19%
"
Oct
-17 y8
Jan
68
68
■
'15% Mar
300
179: ~ 179
Apr"~
Jun
9 1
35 y2
.22%
•
,
Jan
250
3%
*
22%
,*
Jan
Jun
5,300
2
93%
16%
17
i
'Oct
4
'Aug
Apr
3%
3%
:--3V2
3,610
55
,53%
55
650
47
May
55
'Sep
11
11
11
1
.10
July
'12
Feb
42
40
42
250
30
Feb
"42
Oct
a2%c a2'/2c
100
a—
a
—
33
10
32
Sep
3
1,650
2
Sep
6
a4%
a40c
a 15%
33
40
3
33
a4'/2
50
a40c
a40c
50
al5%-al5%
20
4 % Aug
15
13%
50c
16
Jun
18%
18%
5,893
8%
8%
8%
240
8
July
18
18
18
115
18
Jan
a9
a8%
a9
30
--8
a44
"a44
43
42
36 y» July
30
A—.50
200
30
29% Mar
'
-
7%
Aug
May
30c
18%
Jan
30
,
"15%
22
Ltd
101 Vo 101%
19%
pfd—100
5
Alcohols
Jun
13
35
Canadian Vickers Ltd
Commercial
1.15
•
•
50
al2'/2 a 12%
100
*
class A.—*
common—_—•
Canadian Western Lumber Co—^——2
Canadian Westinghouse Co Ltd
*
Cassidy's Limited common
—1
Catelli Food Products Ltd common—•
Claude Neon Gen Adv class A—"—•
Preferred
—100
Oct
50
•
Products
Silk
Aug
■
48%
•
Canadian
Sep
2
137
92
Jan
20
Rand Co Ltd
Canadian Int'l Inv Trust Ltd com
Ingersol
Feb
17'/2
16
100
'
•
Canadian Industries common
A
25c
1,800
•:
;
Sep
Jun
6%
3'%
3%
93%
*
Ltd
Investments
7%
3%
50
25c
Aug
15
Mar
18
Jan
12% Jan
6% Jan
Aug
137-
•
Oct
9%
100
Dock
•
Canadian Light & Power Company.100
Canadian Marconi Company—...
1
Oct
•
1
&
Canadian
71%
Tramways
1
Dredge
High
7
14
600
48%
Jan
Apr
16
2 Va
-
'48%
Jan
Jun
40
For footnotes see page 44
Vinegars Ltd
Canada
-
6%
\
:—"
36
22%
National Drug & Chemical common
Ltd..
22
350
common
Co
•
65
•
•
*
LtdA—•
Sugar
Dominion
ft
25
1,201
1,415
15
-
-
-22%
29
Jun
.
'
Canada
Range Since January 1
cLoto
8%
22
15% July
17
269
.
i
Sales
Shares 4
High
2"
Jan
30
28
—
,
for Week
«
10
Gen
44
9
»24%
2,200
27
10
Fairbanks-Morse Co Ltd
20%
Murphy •'Paint Co
11
Oct
1
Butterfly Hosiery Co Ltd
Canadian
143,
•
Preferred
Oct
27
19% Mar
145
15- 15 Va
:100
:
Canadian
20
Oil
Breweries
38
Jun
25c
1
common
Oct
30
Telegraph
National
Mar
16-
2%
Vancouver Ltd-5
Oct
9,178
•
(H) & Co Ltd '4%%
Oct
34
...
7%
7%
'"5%- -5%
'
Columbia Packers class B_—*
Preferred
5%
Morgan
705
15
15
—
*
Ltd class A
Oct
150
Locomotive
Montreal
Oct
27%
of Prices
77/s
pfd__20
—-—*
26
26%
Molson Breweries Ltd
Montreal
25%
Jun
8 %
Co class B_—*
Paper
27%
20%
Mitchell (Robert)
Montreal
Oct
Feb
25
Low
•
Ltd
Steels
27%
27%
Massey-Harrls
McColl-Frontenac
21
22%
Range
Sale Prioe
'
Jan
70%
—
Oct
180
Week'a
*
Works Ltd
Glove
Feb
150
*
Oct
26
Funds
Last
Par
Aug
•
*
Feb
48
410
"
25%
Friday
19%
33%
3
common
100
••:'•
Jun
-
21
37%
Canadian
25
24%
369
1,120
*
*
(John A):
MacMillan Export class A
Class
27
230
26
27%
u—
Laura Secord Candy
Lindsay (C-W)
13% Mar
17
17
Apr
25%;;
27%
Oct
67%
5
24%
J
Jan
37
Feb
*39
Apr
100%
Montreal Curb Market
Brown
—
■
common
10
275
27
,
27
10
Royal
1
Oct
56%. Jan
-6%
*
6,574
V37
37%
33%
Jun
..
32%
—
Jun
:
25
'
British Columbia Pulp & Paper pfd.100
■70%
100
97%
Oct
'
110
25%
•27%
British
•
Ltd
-
26
21
I
.15
common
Feb
48
•
Jan
38%
a30
32%
27
26
41
25%
10% May
1,360
227
—
.
—
—
Paper
48
10
Brand & Millen
46 Va
26%
__
•
International Nickel of Canada
International
;•
Mar
a99
a98 %
:
'Apr
98
Jan
33%
Jun
21
Oct
16%
Oct
24
40
5
:35%
33%
•34%
;
13%
725
Oct
Jan
28
Jan
24
3,524
*
Va
a98 % a98
.4-10
—
i
103
Aug
26%
——25
;
33%
24%
24%
21
Scotia
Oct
Jun
42
25%
27%
common
6% ^preferred
114
32%
Jan
.
8%
-7%
V
Jun
Jun
25%
Canadian
'
International
5V2
33
Jan
170
Jun
158
50
Oct
7
Jun
514
10
.-■<
'
25
4%
25
—10
Canada
Acceptance Corp common
preferred.—:.
Jun
80
1,230
28
*
90%
.i'
Belgium Glove & Hosiery 5%
Bickle-Seagraves Ltd
14 % May
conv
"Oct
6%
15%
—25
;
—
j
.50% May
preferred
90
8%
Oct
135
32%
Ltd
6
167
'
14
*
Sep
52%
Mining & Smelting
Oil Ltd—'
Oct
<78% Mar
50
28
-100
2%
52%
—_j
90
470
15%
*
*
9% Sep
Feb
82 V2
6%
6%.
i
Coal
Oct
!:
6
——
common.
17%
50
1,215
Intercolonial
Sep
19
Jun
'
167
-100
Jun
99%
2,125
5%
20%
Jun
5
8%
,i
preferred
"Jun
1,75
150
10%
4%
Feb
17
90%
87%
_
:
Bathurst
103
16%
Indust
17
105
925
*
•
Atlas
102%
9%
preferred
150
89%
88
*
&
Apr
19
20
v
.
100
167
Oct
97%
94%
*8%
90
100
Anglo-Nfld'Development Co Ltd
13
16%
$2
110
28
Jun
22
775
88%
Oct
Jan
Sep
24%
275
,30
July
425
A
Oct
20%
Feb
•16
,V:: 89 "i' 90
90
—
Feb
185
common—
Apr
21%
15% Mar
8
Jan
300
10%
Paper
145
139
8
Jan
16%
16%
Smith
Aug
21
140
20
106
16%
•
•
Howard
135
21
18%
110
16%
.'
Bridge
Jan
a99
Jun
*
•
Hamilton
25
a98
July
2%
Gypsum Lime & Alabastine
July
a99
100%
2%
1927
15
138
-100
Oct
50
•
_100
16
415
i
"110
2%
,
V:
28
:
r;
Oct
48
27%
'108% July
150
17%
104 104%
■
110
*
_
inc
Sep
36%
common
Limited
Acme
.100
pfd
Jan
70%
1,146
98%' Jan
.
4%
86
495
49%
26%
Jan
preferred
Goodyear
Jan
83%
Cotton
Montreal
I
5%
24
81
-
Sep
24%
100
100
General Steel Wares common
Oct
48%
Jan
—100
-
~
——.*
Jan
Jun
30
,
Ltd
20
26%
Aug
24%
common
5%% preferred
25
Jan
Jan
10%
165
*
-
—
a21
28
preferred
Jan
14%
14%
Oct
a21
Sep
13%
•
15%
15
Aug
135
11
170
•
preferred
General Bakeries
22
21%
20
1
•
25
Jun
26% Mar
Aug
170
common
4% c/e .preferred
Gatineau
21% Mar
52
10%
Corp
Co
70
23%
21%
16
May
9
<
Commerce
Oct
33%
23%
,170
.
17
1,016
•'•'••
1,180
Canadiennq
Jan
10%
Eddy Paper Co class A preferred
Fraser
17%
•
Famous Players Canada Corp—,
Foundation Co of Canada
V
.Aug
35
100
common
—
Dryden Paper
Electrolux
13% Jun
32%
-23%
Textile
preferred
Feb
31
200
16%
Ltd—
-15
15
20%
Winnipeg Electric common
5%
Oct
35
preferred
Dominion
'
16%
Dominion Tar & Chemical common—•
9%
-23%
19%
(George) common
%
Zellers
Oct
479
1
—20
class
.,
22% Mar
B——25
_
Steel
4%
Jun
a7%
44%
Oct
9
83
_
Gooderham
Walker
Weston
16
8% Mar
28%
Jan
14%
20%
7% "preferred
Banks—
Steel—
7-% .preferred
A
Jan
Jan
30
a7%
-
a21
common
Dominion
Jan
al8
<"•
4-1"
..
'
.
Biscuit
Wabasso
14%
370
,
10
Sep
'Oct
31%
2,126
."
19
;
20
2,635
40%
.:.
81
415
19%
18%
18%
'
25
•
May
23 %
-
.—*
.t.
common
Corp
Oct
Apr
■'■A
<49%
L
Steel
United
Oct
15%
12
•""■
'
103%
Jan
100%
115
700
1,925
Twin City
'39%
19
_35
.
&
A
Jan
24%
24%
39%
Foundries
Jan
398
29,600
Z
Jan
9.65
Feb
'
Jan
9%
Jun
6%
5.90
21%
_i
Brothers
Tooke
Jan
15%
'•
9.65
8.70
:
11%
102
27
25
...
—125
30%
•
Jun
50
•110
6%'"
20%
preferred
11%
'
".25
preferred
Dominion
100
Oct
21
—....
Canada
of
Co
Jun
730
100%
17%
25
25
23%
.
Power
—
May
14
*
Dominion Dairies common
Jun
preferred
8
13%
»
6%
Steel
8%
115
Dominion Bridge
Coal
5%
*'24
6,150
Distillers Seagrams
Dominion
34% July
" Jan
700
16
Ifl
Oct
Jan
16
9.50
Chemical common—
Standard
Oct
24%
39
Viau
Mining ft Smelting
Oct
12
317
Oct
-14
Glass
Consumers
Jun
33%
14
—
Oct
98%
ioy2 Mar
•
.
Canada
Aug
15%
■
60%
Jun
•17%
17 y2
Co—
Press
24
14
,'
Jun
95
18%
preferred
Southern
Feb
15%
Cockshutt Plow
45 y2
1,985
'
•
—
4 %%
280
"
Apr
55
__100
certificates
Simpsons Ltd class A—
Class
B
Li
Southam
13
_»
Railway—--——
Corp of America—.
—
Jan
16%
Jail
Jun
.25
Canadian Pacific
Jan
42%
Jun
50
trust
Voting
-
1,360
15
19%
Jun
12%
1
Sicks Breweries common
Jan
450
'
Jun
34%
99
.—,
10
•
13%
490
16%
775
*
common—-
preferred
t
Jan
8
10%
9%
corn-
4%
29%
10%
10
_*
A
preferred
7%
z*
-200
2,075
;
1'
-42
-
98%
*
let preferred
Paper
17
75
«
*M%
103 103 y«
—1
14%
19
25'
33%
•;27%
Companies
Consolidated
3,275
37
.
Oil
24
8%
Locomotive
Canadian
Celanese
23%
_*
-Apr
25
J
^.49
Jun
13
355
8
Investment-
.
15
37
Ind Alcohol class A
Class
14%
—25
pfd—20
_
__
Canadian
Jan
147
TOO
pfd
4*/*%
Jun
9%
840
"
63
Aug
6%
Corp common
Lawrence
7%
Oct
Feb
19
„
Aug
Sherwin Williams of Canada com
Oct
July
18%
3,903
*
Feb
37%
24
common——
Sep
Jun
{■• 24
;
Sep
Sep
Jun
23%
Celanese
al2%
•
preferred
preferred
Series
Feb
33
23%
15
Oct
49
56
60
•
preferred
Shawinigan Water ft Power com—
Jan
11v
12
2,155
'197
23%
%
30
15%
23%
20
103
Jan
Tal2'/2 al2%
'
•
100
•
Apr
37
142
98%
—
2nd
Oct
22%
Apr
St
Aug
31
July
10%
•
-
8%
Jun
18%
Bronze
Canadian
16% May
Jun
21%
Breweries
preferred———
101
170
75
58 y2
•
Power
Oct
323
25
15%
98%
•
St Lawrence Flour Mills
Sep
35%
'May
955
7%
14
27%
Sep
all
35%
Jan
58
16%
*100
Transport
St Lawrence
Sep
4% Aug
Canadian
Canadian Car & Foundry common
Class A..
Jan
3
Sep
35%
14
Oct
20%
Sep
144
&9%
of Canada
Co Ltd common
Royalite Oil Ltd
Oct
3%
7%
34
29
2,200
,
47
4iy»
•
Regent Knitting Mills Ltd com
Roiland Paper common
28%
34%
'34
Jan
14%
—1
—'
preferred
Feb
2
alO%
.50
18
'
Bros ft
Jun
24%
Canadian
5%
2678
Apr
2% Aug
1,025
2
;
1,325
27%
—
Apr
58
Co
River
Saguenay
Corp—.
173 %
24
,144
ZIoo
Quebec Power
Sep
26%
34%
Aug
43% Sep
'43
19'A
25%
10%
common.,
Jan
17%
46
common
Development
4%
21
_10
preferred
Price
18%
3 Va
168
325
102% 102%
*
Ltd
preferred
Jan
41%
.
20
9
29
46
Oct
550
27%
26%
27%
~
6%
Mar
605
31
Steamship common
7%
24
—
common—
Power
Jun
5%
1,450
*
7%
28%
62%
Jan
41
26%
-20
Foundries
Northern
Canada
Penmans
Oct
25%
2
„
preferred
Canada
Jan
22
Canada Cement common—
$1.30
Jan
13%
19%
•
5
Dry Docks Co Ltd class A—*
Canada Iron
9
56
Oct
a74
*
—-
Dredging Ltd..
Bulolo Gold
Apr
May
42%
Products——•
Corp cl A—•
•
iBruck Mills
Burrard
1,015
27%
29
Light Heat As Power com.
""100
preferred —
——
•>
Page-Hersey Tubes
Provincial
•
25
American Oil common
„
5%
13%
'
-
Feb
49
"
•
...
8
925
22
—
Ottawa
Jan
'6%
;
24
•
25
•
A
class
Paper
Telephone
British
Jan
a74
100
*
'
preferred
Brazilian
24%
1027/a
23%
7%
Argus Corp *Ltd common
4
53%
.
Jan
.Jun
23
May
Feb
al72
al72
23%
Jun
20'
400
1,430
23%
23
23%
ZIoo
—
30
4,297
26%
common
22
62%
„
61
«61%
•
Placer
25
pfd.
Aluminum Co of Canada 4%
—•
High
0Low
16%
560
20%
21%
'
■
•
Products
Steel
Ontario
Jun
19%
•625
13%
V
—
Range Since January 1
High
Oct
75
53
13%
26%
-
Oct
20%
99% July
51%
13%
19%
Jun
16
10
8%
8%
.
52%
common
Asbestos Corp
265
——
common—-—-—*
old
Algoma Steel
23%
'-9% May
6,080
102% 102 %
-—100
preferred
Agnew-Surpass Shoe—
8,411
20%
23%
*
Acadia-Atlantic Sugar class A
.High
Shares
20%
20%
•
Mills
7% preferred—
Flour
Ogilvie
High
LOW
20
20%
*
Car Corp——
Steel
Niagara Wire Weaving
Noranda
Mines Ltd
Range Since January 1
Share*
18'/» -10%
19%
common——•
-——20
Paper
*
ef Price®
:Low
Par
Bales
<
f*r Week
Range
-
Bale Price
Abltlbl
National
for Week
Low
Par
.
Week'a
Friday
'
Range
ef Prices
Last
SalePriee
Canadian Fanda
Sales
Week'e
Friday
STOCKS—
•
Apr
Feb
Sep
Jan
Jan
-•Aug
Jan
19
Oct
12%
Jan
19
Feb
31% Mar
8%
48 '
40%
Feb
Jan
Oct
'40 V*
140
10V4
10 %
220
10
Sep
13% 'Jan
16
16%
506
13%
Jun
20%
Jan
5%
5%
135
Aug
7%
Jan
40
—
5
-
ATolume
170
Number -4849
-
THE
COMMERCIAL
&
CANADIAN
RANGE
Friday
STOCKS-
Week's
Last
Par
East
Grain
Co
class
Shares
15
10%
11%
15
28
125
%
15
"3,5o0
11 '/8
Fleet Manuiacturlng
Foreign
6%
Power Sec
Ltd
Freiman
(A
J)
red
Class
A
Haliiax
pfd
Horner
12%
1.40
1.50
1,700
1.20
JUn
25
25%
1,252
20%
Feb
26
Jan
5
5
200
4
Jun
6
9
4
class
A
11%
4
8
_
Oct
9
50
36
36
10
100
9
13
13
*
Co
STOCKS—
9%
:
1
Abitibl
16
»Jan
: 12
Oct
8
300
8
50
7
Jun
14
Oct
>
.
Acme
v
de
Inc—i
LaSalle
14
Hydro-Electric Securities
Inter-City Baking
International
Investment
6%
Paints
5%
Jan
Lambert
Lowney
Co
Ltd
(Walter M)
Power
&
100
30
8
Apr
9%
Oct
30
49
Aug
51%
Jan
13%
150
13%
Feb
14%
Jan
9
9 %
Jun
Paper
14%
.•
'10
Maple Leaf Milling Co Ltd—
0
& Tel Co common—10
Massey-Harris Ltd 6%% oonv pfd__20
-
Ltd
Oil
pfd
-
13 Va
Jun
16%
Aug
39 Va
Jan
50
10
8
17%
Feb
470
23%
Aug
•7(4
2x0
6
a97
20
92
11
50
11
7(4
a97
11
1
Jan
8
50c
Feb
12%
Jun
Area
1.20
500
16%
16%
; 302
Island
_____4
a20c
a20c
8
a—
Montreal
Refrig & Storage Ltd com—*
37
37
155
28
Mar
37
290
65
Mar
74%
Oct
Canada
Ltd
Paper
1.20
16%
Co——5
Power
Corporation
Moore
10
—
Ontario
&
Ltd
:
4'
74
74%
74%
1.25
Sep
22%
Jan
70c
3,500
55c
1
22c
23c
1,500
16c
Jun
13%
13%
3,095
13%
Oct
13%
Oct
51%
53%
1,880
40%
Jun
61 Vu
Jan
26 y«
26%
470
25 V*
May
26%
Oct
17c
16c
19c
26,300
12c
Jun
27c
Sep
33c
39c
8,400
25c
Sep
39c
Oct
11 %c 12 %c
11,500
9c
Jun
20c
Jan
Jun
68c
-25
11 %c
31c
33c
6,000
4.35
4.15
4.50
17,535
2.85
Jun
26c
26c
29c
10,100
22 %c
Feb
,
1
16c
41/2C
4%c
5%c
18,900
3c
10c
10c
11c
6,000
5c
*15c
10c
Jan
Aug
7%c
May
Jan
15c
Jun
1
Jan
5.30
70c
May
1
Aug
23c
Jan
14 %c
16c
10,400
•
7
7
7'%
655
.100
72
72
72
10
1
20c
18c
20c
4,200
10 %c
11c
.3,300
8c
Jan
15c
Sep
50c
55c
25,100
50c
Oct
56c
Oct
—
common
i
Gold
Armistice
1
j—
Ascott Metals
Athona
27%C Jan
23C
39c
pfd.
Porcupine
Ashdown
Apr
85c
Jun
131/4
;
—.'I'
a—
—
68c
Mines.!
Corp
Arjon
Oct
of
Minnesota
70c
Preferred
Jan
Montreal
Mica
—1
.1
Mines
Argus
Feb
12%
May
280
31 %c
Rouyn
i-May :
97 y2
Aug
;
'
Jan
1,500
9
Oil
Canadian
Aquarius
Jan
•
Feb
9%
5%c
8%
Apex Consoi Resources
Jan
.
,27%
Jan
8c
Jun
945
5c
9
Lead
Anglo
18% July
*
25
Sep
77/s
23'%
5c
Yellowknlfe
Anglo
II
May
300
25%
Jun
5c
23
*
Nepheline
Anacon
Oct
53%
Canada
American
Jan
32
18%
_10
pfd
Ltd
9%
780
460
25
*
4%
Distilleries
1,865
23%
-
Octf
20%
9% May
16
—•
I
—-
Amalgamated Larder
Jan
18%
25%
100
—_
—
McCoIl-Frontenac
Melchers
:
10
Maritime Teleg
Maxwell
.
7%
———*—*
High
19%
19%
4,920
Jun
6,840
207/8
—
American
15
34%
—
Jan
25
Sep
36
14
.
*■"
*
Co
22
19%
20
Consolidated
of
Co.
Low
18%
Ltd
Aluminum
Range Since Jannary I
High
19%
Algoma Steel new common-
Aug
22
Low
20%
-
Pacific
Share*
*
—
Yellow Knife——
A.uminlum
15
Oct
9%
9%
—
_
14%
Aug
for Week
ef Prices
20
common
!
Oil
&
Agnew-Surpass
Alberta
Sep
3 Va
,
50 Va
——
——
Publishing Co of Ottawa Ltd.4
(Alfred) Inc_
,_
1
MacLaren
22
215
15%
";
13%
\
50
„
14%
2% July
50 %
-
common..'
-
500
9%
pfd———20
preferred
275
3
14%
100
Ltd
Foundation
14%
3
*
Co Ltd
convertible
Journal
Corp
Gas
Akaitcho
*
Hotel
Paper
$1.50 preferred
Acadia-Atlantic class A
Jan
40
35
&
Power
Sale*
Range
Par
Oct
9
Jun
July
8% May
50
12
T
Jan
Week's
Laat
Bale Prlea
Apr
2y4
fub
Friday
;
Oct
1.50
__4
common
(Frank W»
Ltd
Aug
16% Mar
25%
100
preferred
Insurance
40
Oct
May
Exchange
-
OftnadlMi
•
Lakes Paper Co Lad com
Great
Toronto Stock
~
•
:
nta
Ford Mdtor Co of Canada class A
41
21
High
May
5 %
"
1
ntrr
Low
.a40
15
•
Range Since Ja
High
a40
-20
A
(1629)
MARKETS
OCTOBER
for Week
Low
100
Kootenay Power 7% pfd
Mills Ltd (The) pfd——
Esmond
Federal
LISTED
FOR WEEK ENDED
CHRONICLE
Sales
Range
of Prices
Sale Price
FINANCIAL
Corp.———
Hardware
Mines
class
1
10
A
(1937)
55c
13%
13 y4
gy4
Jun
Oct
Oct
75
Jan
8c
30c
May
13%
Oct
18c
10% May
177
13%
7%
Jun
60
i
Apr
lie
12c
15,400
9c
May
1.04
65,800
50c
May
1.04
Oct
7%
11c
75c
8
2,235
Sep
12%
Jan
1c
1
—
.
'
Atlantic Oil
~
Mount Royal Rice Mills
Newfoundland
Nuclear
Lt
&
Ltd—*
Pr
Ltd
Co
C
N
part
Quebec Pulp
Southern
Union
Gas
United
of
Corp
Canada
pfd
>
43c
'
;
•
8y4
Oct-i
Jun
20%
Jan ;
95
104
Apr
III
45
51
Jun
54
12%
935
s
114
43c
1,191
14
30
Feb
41c
Mar
114
Jan
■
50
9
Jan
15 ya
110
27
Aug
30
Products
Ltd
Western
Grain
Co
Windsor
Hotel
/
Ltd
Mining
135
Metals
Metals
Base
Lake
Eob's
48
35%
Feb
alOO
15
70c
Oct
13
,13
37
12% May-
33c
4,500
.
,
l
—___—4
Mining Corp Ltd
; '
,
Eouscadillac
Gold! .Mines
Bouzan Gold
Ltd
.—1
Gold
Mines Ltd
6,500
6c
48
Oct
f
Jan
: 3c
Jun
65c
4c
500
3c
Jan
8'%c
23,500
7 5c
Mar
78,500
V 5c
Jua
18c
15 %c
6%c
8c
6c
6c
" .rV:
—-
.
500
■
5c
25c;
39c,
3%c July
4,000
:
5c
;
Jan
9V*c May
July
13c
Cheskirk Mines Ltd
Chesterville Mines
Consolidated
Cortez
Cournor
Dome
Cadillac
Duquesne
Mines
Mines
May
Malartic
++
Sullivan Mines Ltd
Gold
Mines
Goldora Mines Ltd
Hollinger
Cons
Lake
Mines
,
r60C
.
11
I.
r
Joliet-Quebec
Mines
Gold
Kirkland
Lake
Ltd
Gold
Ltd—„1
-
Labrador
Mining &
Lake Rowan
Lingside
Louvicourt
.
Ltd
Explor Co
(1945)
Gold
•
-
Mines Ltd
Goldfields
j
Ltd—
Fields
Gold
Mclntyre-Porcuplne
1
Calumet
Norlartic
Mines
Normetal
Mining
_■
Corp
O'Brien
Gold
Pandora
Cadallic
Mines
Quebec
Jun
7Sc
July
10c
3c
Jun
{10%
3c
!_
4,050
2%c
12 Va
65c f
Jan
21
22
17'%
Jun
23
Jan
6
Feb
———_4
22
4
Jun
8.50
8.75
925
18
80
26c
25C ,i -27c
8.000
1
5%c
•4'%c .' 5 '%c
7
7
7
5
1
15 %c
15c
17c
24,500
1
•60c
57c '
68c
1:
14c
17c
19%
Sep
»1.35
300
1.35
Feb
1.67
Sep
54c
v
1,500
60c
1
18 ■;
—_*■ <■
________1
Gold
Kirkland Gold_
—
common ij——
Mines
Co
—
4
—
•
class
A
28c
Mines
class
Traction
Lake
A
3.85
*■4.35
3,900
2.85
Jun
6.25
Jan
7C
2,200
6%c
Jan
10c
Apr
4c
6,000
3c
Jun
6%c Jan
11,000
7 8c
May
8,700
19c
May
19c
46c
48c
•
"
2.80
2.75
2.12
1,100
45c Jan
Jan
51
Jan
Jan
70c
3.15
Sep
65%
64%
65%
300
r
Sep
11%
,11%
600
8.50
Jun
12Va
Jan
1.30
1,800
1.00
Jun
2.32
Jan
1.30
1.30
1
30c V 30c
1,000
2,100
2.05 ■;2.15
—
-
-
—
1.45
29,000
1
3%c
17%
3%C
2,000
2c
18
3%c
17%
2,675
49c
Sep
3.70
Jan
<
2.50
Sep
Mar
3.10
17c
Oct
Jun
4c
300
<66
Jun
s
1.72
1,500
20c
>
19c
19c
30c
2,900
5c
3.20
5c
3.20
,_1
Senator-Rouyn
Ltd
Gold
Mines
8%
Sep
Sep
4.05
Jun
>Jun
July
11%
Mines
Gold
Standard
67c
Rock
Sullivan
Corp
_
8c
Jan
Oct
Jun
Ac
Oct
Feb
I6%c Oct
4,500
21,725
1,000
20c
May
42c
80c
4,500
25c
Mar
98c
Sep
a8c
48C
3,868
41c
„Jun
58c
Sep
10c
2,100
3c
May
8c
—1
Hughes Gold
35c
1.73
1.85
Tiblernoni
Torbrit
Goldfields Ltd
2.30
4%%
preferred
British
United Asbestos
.100
———
Products.
Corp Ltd
Malartic
Vinray
Mines
Class B
British
••'
Power
Class B
class
.
Dominion
Oil
&
Dev
Calgary & Edmonton Corp Ltd—
Homestead
Cons
Dalhousie
Oil
Oil
Co
4
Ltd.
British
*
General
Broulan
Porcupine
Oct
1.90
Sep
2.30
Oct
New
Pocalta
Okalta
Oils
class
Oils
Ltd
Class
Pan
Petroleums
Brazeau
3.45 Aug
May
Petroleums
For footnotes see page
74c
Jun
13,500
8c
Aug
61c
89c
152,800
42c
May
3.55
3.95
2,000
i
8,700
3,200
'•*
1.25 May
1.34
73c
1.28
May
Jan
Jan
Feb
Oct
26%
990
24
July
26%
Oct
55
97
May
101%
Jan
■
100% 100%
2%
-2%
11%
11%
3c
2(4
2,525
7%c May
Jun
Aug
Jan
7
July
28%
Sep
'!~6
6
%
300
27%
28 Va
-1,430
25
Jun
3%
3%
600
2
Jun
6
.
-.
,
Jan
13
10
3%
„
3
.
Jun
5% May
.120
•
Buffalo
Red
Building
Burns
3%
Sep
Jun
49 %c
56c
35,100
15%
16
545
6
24c
37,900
2.15
10 %C
12c
fie
,5%C
6c
12,020
—•
34%
34
34%
13
13%
4
class
4%
7,500
—
A—
4
Aug
Oct
Jun
25c
Sep
Jun
3.05
Jan
8c
20c
May
May
Calder
L_.
Bousquet
14 %
Jan
Jan
Feb
25%
.,80
Aug
16
16(4
157
12 %
Jun
17%
7%
150
67/s
Jun
8%
7%c
2,000
5%c
Jun
•
6.85
6.80
7.00
•
6c
6c
7c
Oils
Calmont
—1
f
Jan
14c
Aug
7.00
Oct
8,470
3.75
Jun
11,250
-4%c
Jun
9%c Aug
Aug
54c
.
42c
43c
5,000
3.00
43c
Campbell Red Lake—_ 1
Sep
12% July
24
150
7%c
i—1
1'
Flon
Jan
85%
29%
Calgary & Edmonton
Flin
Feb
9V2C
Jun
5c
27
7%
16%
•
A
1.60
Oct
Jan
6
25%
4
B
,10c
145
V
63c
17
14% July
1.500
10 %C
Steel
class
30c
51c
15%
Feb
37c
May
6
—*
Lake
Co
&
Class
Burrard
18c
20c
—
Products
Burlington
3,749
23c 27 %c
—1
Canadian;
Preferred
3.05
5,000
Canada
20
Foundries
class
A
Canada
Machinery
Canada Malting —
Canada
Canada
Packers
30c
2.70
Jan
3.75 Mar
Jan
4
—4
4
B
Mortgage
49"''
34
27
,84
Aug
22
Jun
31
27
Jun
30
Feb
489
26
Mar
28
Jan
5%
-
75
49
50
289
32%
34
760
—50
Wire
Class
Cable
&
class
B-
A
—i.
4.75
Sep
Jan
Canadian Bank of Commerce.,
Jan
Canadian Breweries
4.45
4.25
4.50
6,000
Jun
B.30
Jan
1st
27c
27c
500
July
36 %c
Feb
Conv
6.75
7.00
3,350
Oct
Canadian
6c
6c
2,500
2.90
20c
3.85
Jun
5c
Jun
7.00
12c
Jan
55c
30c
Aug
59c
Oct
15c
1,009
10c
\Jun
32c
Feb
* 1.45
1.40
1.46
3,750
89 %c
Feb
96c
1.01
4.200
72c
12 %c
13c
7,163
10c
6,000
1.99
1.99
Oct
Oct
1,070
74
187% Mar
95
12
34%
81
25
79
29%
4
13%
34
29%
50
24%
193
33%
192 % May
15 Va
Jun
37%
Jun
Sep
Sep
May
83
May
Jan
31
Aug
10
25%
25
25%
1,816
22 Va
Feb
25%
Oct
23%
23%
24
6,369
19
Jun
24
Oct
20%
_20
19
21
6,830
13%
Jan
21
Oct
22%
23%
1,300
22%
Sep
25
Mar
19%
20
716
13%
Jun
20
12%
——
23
20
common
———
12%
9%
Jun
14%
Jan
Jun
17.
Jan
Car common
530
13
15
14%
15
1,030
24
Class A
23%
24%
1,050
19
Jun
24%
21%
21%
60
20
Aug
22
Oct
Oct
2.00 May
13c
Canners
34
20
4
—
preferred
preferred
Jun
19%
1
Jan
Jun
29
81
34'/4
4
50
,43
13%
4
Preferred
Canada
Oct
6% Mar
47/8 July
14% July
,19%
•
"
190 190%
19%
Oct
103
125
250
103
5%
_100
Canada SS Lines common—
10c
,
28%
1,618
31
28%
27
A
4V4c
__
28%
._4
—
Permanent
102.62
28%
—_,
—
class
103
30%
preferred——100
4%%
—
Feb
""
59c
1,000
8.50
Sep
1.01
Oct
Canadian
New
Celanese
Canadian
13%
Jan
14c
Jan
.Class
200
1.20
Feb
2.60
Apr
Preferred
5%c
5%c
1,000
3%c
Jun
7c
3.15
5,000
2.10
Feb
3.20
Sep
18c
17 %c
19c
24,500
A
»
Jan
9%
Oct
18%
Jun
105
4%
Jun
10%
160
8%
Jun
13%' Jan
Oct
77
Feb
Jun
11%
Jan
24
Jun
36%
Jan
55c
Jun
85c
Sep
21%
lioo
——
28%
510
6%
10
common.
______________________
22
6%
22
Canadian Food Products
Mar
65
61
65
405
*
10%
10
10%
1.465
61
•
Sep
3.00
-25
Dredge
Jun
Jun
3.10
common.
preferred
8c
*
44.
Sep
26%
2.00
Ankerite
Buffalo
Jun
"
Ltd
Jan
15%
Jun
13% July
1.000
14 %c July
2c
8c
,_1
Ltd
Sep
1.25
21%
Oct
Mar
'
■
2.05
2c
„90c
—,—
10%
22
——.
3c
Ltd—
Western Oils Ltd
South
Jun
——*
*
Co
Oct
Apr
17%
940.
15
:21c
_____!___
B
Buffalo
1,800
—
9
45c
25c
b,92o
-
50
Buffadison Gold
'1,500
.
Sep
Oct
Sep
8.25 Mar
12,800
19%
!
3c
6.90
22c
9
1,200
'4
6c
—•
Omnitrans Exploration Ltd
Pacific
2.90
10c
A
Ltd
Co
100
3.25
12C
3c
,
May
May
Oct
25C
50
30c
8c
76c
May
3,240
2%
—
Bruck Mills class A—
Bread
_1
Ventures Ltd
Petroleums
Oil
Home
y
Jan
Feb
9
25c
*4c
25c
Cement common
7%c
1.24
.
Decalta Oils Ltd
Gaspe Oil
11c
3.000
10 Va
16c
July
26%
100%:
Oil
Dominion
Canada
15c
Ltd———
Co
20,500
6 Va
1
Canadian
•
Corp—_i.»
.
10%c May
26%
.—4
——.
Canada
'■
Oil Stocks—
Anglo-Canadian Oil Co Ltd
British
Sep
3%c May
,
-.-98,435
V
9
•
15 '
A
5c
*3.55
36c
28
iii'.
Columbia
5%c
-
*_1
—1
May
Sep
Apr
10c
66c
1
Ltd,
Mines
Ltd
Oct
18c
3%c
*
Jan
Apr
1.17
,10c
1
18
25%
*
Forest
Columbia
Sep
5c
7%c
1;.
Upper Canada Mines Ltd_
Westville
3.25
—
1
Ltd
Sep
May
25%
—25
Packers class A__
Columbia
British
3.35
1.35
-25.380
1
—
Mines Ltd
Mines
Trebor
Sep
9.00
Jan
17
Electric—
57c
1.30 May
3,100
.2.13
July
1.25 May
1,000
7 %c
1.85
Ltd————1
Mines
43%
Feb
18%
••
—4
common
—il—!
Columbia
Class
Teck
July
Jan
a
2.28
1
2c
5%c
18
36c
47c
■
7 %c
*
Ltd——1
Ltd
Mines
1,000
78,100
Jun
36c
•
70c
48c
alOc
Mines
Iron
Cons
•
14% May
Jan
2.95
36c
„
—————1
Ltd
2c
13c
«
2.50
136c
;
1
-4
Mines Ltd
Mining
Steeloy
Steep
(1944)
-
'
10 %c
2.60
_i.l
5.00
Oct
1.06 May
"
--J
1
Sladen-Malartic Mines Ltd
Stadacona
10%c
—1
—
Ltd——
2c
2c
>
__50c
Mines Ltd
Fherritt-Gordon
Siscoe
——•
_
38%
19%
————————5
———
Gil
28c
,25c *
25c
Light & Pwr com_4
Distillers
&
Red
American
•
9.90
———4
———
Millen
&
.
Callinan
Santiago Mines Ltd
38%
8,800
-
30c
9
——*
—
1
British
Oct
>:f 7c
4*
Red Crest Gold Mines Ltd—
12
12,958
A
Oct
Oct
3'% July
100
.14
Preferred
4%c Mar
Feb
1
Quemont Mining Corp Ltd
175
5% \5%
42%
Brewis
Jan
'.v—-
...1
Quebec Manganese Mines Ltd
Jun
25
British
9%c Feb
8.75 May
815
Jun
—
Ltd
Sep
20c
465
13%
.
500
,7
2.60 /2.70
Mines
65c
26,990
41%
Brewers
Mar
14%
•»
—„
Gold
Jan
■3,300
29c
,
27%
38
Jun
Jan
,4c
26c
Ltd
Ltd——;
Gold
42c
1,800
17 (4 c
:
——1
Dredging Ltd
Labrador Develop Co Ltd
Cons
Pato
20.300
3%c
—
v
5
Ltd———
Mines
59c
300
4.25
>
Mining Corp of Canada Ltdi———4
New
35 y2
70c
26c
42%
Oct
1.35
1
Ltd
38%
66c
26c
Jun
34% July
'■ ■
••
.•
-
Sep
4.60
17%
Ltd__—___ ______1
Mines
r
50c
„
-
1
Macdonald Mines Ltd————s.1
Malartic
•
■
V;:'
_1
Ltd
Mines
,
\
3.05
17%
.
17%
Mining Co Ud-l
.
51c
3c [i'
V 50c
1
*
Mines
Sep
Jan
"
38
66c
113%
Brand
Oct
16%c
10
"
Kerr-Addison
22
90 %c
Jun
Jun
38%
j___————*
Bros
Brazilian
1.85 May
530
Telephone
Bralorne
Sep*
May
3c
1
32c
6c
1.65
,37%
875
Bowes
Oct
39c
2,000
37,050
37%
Bordulac
Apr;
3,500
2.50
,,37%
Boymar
7y2c
5.000
*4.60
1,045
25
.
Feb
Jani
Jan
4%c Jun
B_._
Bobjo
Jans
67c
>
Jan
14c
2,000
Biltmore Hats
|
:16c
May
15%
115
*a20
.10
•
10c
A
class
Bidgood
Sepl
1.20
Jan
11c
7,500
7c
27%
i—i*
class
Bevcourt
Jan i
Mar
90c
r
27c
19c
7c
27
Bonetal Gold
!
Sep
t
17%C
i—...!
Power
Belleterre Quebec i__
Bertram & Sons class
i
'
Feb
10
5% July
27%
I.
Mining..^
Power
Bell
FebV
7c
5c ; "5 c
:
:
v
_5
Ltd
600
2.75
50
Mar
,S%C
■
5c
-51c
88c
Sep
3%c Mar
6,500
25c
4.05
4.60
.
Oct
1.47
2,000
2.50
.
—l
,
Sep
^
9'4c
w——___1.. ;
—1. •
Mines' LttJ
Gold
3%c
5 %C
5c
al9%
—
-G0c
1
_
Ltd
Mines
7,500
10c
Jun
*1.18"
25c
Ltd——_____—1
Mines
Gold
Formaque
Ltd
43c
5c
——1*
——1
Ltd ',■*
Jun
7,000
;
1.11
5c
1
.
Mines
East
Jack
fi L~
4%c
1,300
56c
;
5c
-
Ltd_l
Co
Ltd—
.
__
300
1.75c
56c
—
1
Ming
East
Eldona
Ltd—1
Ltd
Mines Ltd
Gold
r
a5c
,
1.68c
Ltd—,—2
Mining Co Ltd———
Donalda
Duvay
_1:.
Mines
Explorations
a5c
1
——
Ltd
Beattie
Central
i(
Ltd
Co
Metals
Eeatty
Jan)...
7c
Feb
6%
4.10
18%C
^44
Scotia
Bathurst
Sep ?
4c
Jan
38c
Jun
—10
Toronto——...
Feb ;r
65c
7%c
7,
8c
-v.
—1
Oct
Oct
11 %c
May
3.00
—j.10
of
Base
f
Jun
10c
700
—j.10
Bank
Barymln
65c
6c
7,000
1
Nova
Jan,
2c
20 %c
,
1
<—
—
of
1.50 Mar
8,500
18c
3.70
,
.
,
Consolidated
Montreal—.
■
Consoi
Mines
of
Bank
50c
.
17,000
16c
•
,
—_.*1
Century Mining. Corp Ltd——-—
Consolidated
1"
Oct'
16
Jun
4c
V8%c
i
500
17%c
13,500
4%c
k:
1
2c
55c
■■if:'; 27c t 28c
__
_1
Candego Mines Ltd
Centremaque
28c
■:
—1
Mines Ltd
2c
51c
—
55c
4—*
Ltd,
Mines
:
32c
•
Corp—L
Gold
A
Bathurst
Mines
Ltd
Mines
Ascot
>4
V
47
alOO
48
'.'i-/
:__4
—
7'%c
15c
3.65
3.65
v!:,:;
Bankfield
Stocks—
Anacon Lead
Arno
Ltd
class
,iic
1
Fabric
7%
(6%
—1
_—;
Bank
*
Westeel
7%
■
1
Gold
r.
Aug
99 c
*
—i-i——
Mines,
Bagamac
Oct
Mar
•
Gold
Aunbr
Auto
Jun
46c
1
Steels
Aumaque
Feb ;
24
Jun
108
78
r
Atlan
Aubelle
Jun
13(8
__
.July
4
15
30
•
.
_4
—
11
100
.
22.40
.,113
• /
Oct;
a 53
,i,
22%
114
43c
100
Ltd—
A'
22.40
red pfd—100
Ltd—*.■
9%-Feb
100
Jan
110
a53
6%
9%
18
*: 25
109%
a53
Co
class
16
109'%
Pr
Invest
6%
16
1st pfd_100
& Paper 7%
Canada
Southmont
10%
6%
preferred——50
2nd
15% May
10%
—4■V,
of Canada 6^
Corp
6%
8% Mar
50
—
*
_
460
10%
'
-
; 9
17(4
'4
18
9 V4
—
18
Enterprises Ltd
Orange Crush Ltd
Paul Service Stores Ltd
Power
:i.
V"
—10
;
0
11c
lie
1,000
9%c May
10 %c
Jun
2^"
22c
A nr
Jan
Canadian Indus
Canadian
Alco
Locomotive
Canadian Malartic
"A'
—
voting
29
28
68C
,
130
68c
1,400
8%
Monday, October 24, 1949
FINANCIAL CHRONICLE
COMMERCIAL &
THE
LISTED MARKETS
CANADIAN
WEEK ENDED
RANGE FOR
OCTOBER 21
STOCKS—
Rang©
,
5%
—*
common
—
preferred
preferred
4%
_________—100
83
Pacinc Railway———.—15%
Utilities preferred
100
—
Canadian
Canadian
1
Gold
Cariboo
Castle-Trethewey
—
*
1—1
Central Patricia Gold Mines
Porcupine
^enirai
—1- '
—
1
Centremaque Go id
Chartered
Trust
Wines
Chateau-Gai
ChMkirt Mines
.
Mines
Chesterville
Knitting
Malartic
Oils
Coastal
—
1-65
YeHowkftife
Mines
Consolidated
___
Craig
Lebel
Crow's
D Aragon
Davles
80,520
9tfc
Mar
3,000
4c
May
10c
Jan
1.45
Oct
2.85
1.15
Oct
5%c
Jan
24c
3fac
Jan
2.73
2.85
8
50
6
11
23C
17c
Jan
4c
Aug
8c
Sep
1.60
Jun
3,500
1.37
300
1.15
1,671
10c
4,003
54c
58c
9,014
6c
'
32c
1,370
81
6'A
175
6
6'A
153%
157
142
1.10
1.12
3,286
14%
157
-
40
25c
4,250
5%
550
18c
19c
2,125
16c
56c
56c
1,300
40c
18c
-1
I_.
class
3,000
22,500
5%c
Jun
15c
Jan !
34,100
ltjc
Jun
43c
Jan h'
20
Aug
23
Feb <
;
325
1
7c
3,200
5c
Jun
15c
Jan
1,000
27c
May
54c
Sep ;
29c
13,900
'20c
Jun
38c
Sep
19%
1,775
20
1.360
27c
28c
.
18%.
_2 "
19%
._*
19%
19'A
10
27
26%
27
18%
18%
__
_25
Dominion Coal preferred
Dominion
:
Foundry & Steel—-—
;
Dominion
Magnesium
Dominion
Scottish
_• ,*
____1
Steel
Dominion
__—
;_1
class B
Coal
&
Dominion
Donnell
&
Duiama
Gold
East
Crest
East
El
70
3%
Jun
17
1,110
13'A
Jun
35'A
22
21%
11 'A
10'A
32%
22
21%
10%
10%
33
-
»
21%
lOva
10'A
69c
*
16c
9%
9%
16c
18c
10c
23c
*
2.60
4.65
5'/a
15%
16
38c
51c
-
16
Jun
,
12
t
Jun
7c
Jun
16c
July
10%c
Lake
'
Jan-:
Sep
Sep
July
4c
Jun
15c
19%
Sep
21%
Sep
May
74c
Sep
9.361
13c
16,103
21
•
210
1
Corp
Falconbridge Nickel
Famous Players
Kirkland
38
__
5,925
3.10
800
13'A
Jun
370
10,595
250
5,200
5
May
1.50
1.50
1,30C
1.30
25 %
3,124
20'A
Jun
29
29
30
60
Pc
9c
9c
3,200
Preferred
—100
97
2.05
1.93
100
97
97
•
—
ExDloratlon
2.10
1
3,225
26
May
7c
Jun
\
Oct
14c
.
96% July
1.75
Jan
30
Feb
25
Feb
,,
Power
Eakeries
General
_;r
La
Petroleum
Class
A
"U"
General
Prod
Mfg
General
Steel
Wares
preferred-
Long
Sep
98%
J. n
2.90
Jan
18
Sep
MacDonald
Glenora
Globe
1.00
1,800
82c
Sep
1.00
Oct
1,500
78c
Sep
1.05
Oct
Maosen Red
98%
Jan
100 %
Oct
Magnet
13
Jun
17%
_1
Gold
Oil
2%c,
f8'Ac
1
99'A May
2%C
*
55c
60
10,093
4.75
6,000
7'Ac
8c
Jan
Oct
3c
3,500
2c
July
60c
13,700
40c
God's
Lake
Goldale
May
103
(
7.60
11c
Gold
Golden
Arrow
Golden
Manitou
Goldhawk
Goldora
Porcupine
Mines
;
Gold
Goodyear Tire preferred
Mackay class A
Gordon
Manitoba
&
Manitoba
Sugar
Jan
Marcus
Jan
Preferred
Feb
McBrine
16c
Apr
McCabe
5'Ac
5 'Ac
1,000
5c
Jun
9'Ac
Sep
McColl-Frontenac
1.95
2.05
2.100
1.55
Jun
3.15
Jan
5c
5c
3,000
4c
Sep
12%c
Feb
5c
6c
10.500
3c
Jun
9'Ac
Feb
Class
B
Grafton & Co class A
For footnotes see page 44.
*
„
•
8,009
3c
4c
51%
52%
231
10
10
525
1934
10 '
i93/4
18%
18%
4C
__
__
50
25
1 % May
50%
9
Apr
Va Aug
19
17%
4'
Feb
—
(L)
preferred
Grain
class
"23c
Feb
6'Ac
4,500
5 Vac Mar
17 Va
17-/4
8.535
14'A
4'Ac
4 %C
15,500
61c
1.45
15c
1,500
20
20
4.35
4c
80C
83c
Sep
Jun
10c
Jan
41c
Jan
95c
475
3.70
11c
-
4,900
Jan
6.50
Jan
Jun
6'Ac
Sep
May
1.45
Jan
2%c
65c
Aug,
23%
Aug
2.85 May.
/
500
Sep
22c
May
19
Apr
1.85
Jun
1.19
3,140
.
Feb
'/3c
17,050
14c
Sep
13c
19%
1,200
1.35
Jan-
32%
Jan
J
38c
Oct
5'Ac May
Jun
\j4c
Jan
6c
Jan
12c
Feb
10'A
Jan
17
Sep
34c
Jan
60c
8,600
8c
6 %c
/ 14%
46c
52c
9,750
2.55
200
15
! 1,815
:
2.00
-
200
1,800
3c
July
6'Ac
1,000
5c
Oct
4'Ac
4,000
15
15'A
555
13
Jun
65c
64c
66c
8,900
53c
Jun
1.18
1.16
1.20
10,400
95c
May
4%c
4%c
3,009
4c
Sep
63c
65c
5,400
55c
31
r--
■u.
■
McLellan
Gold
Red
32%
32%
905
32
380
27%
*
5%
5%
20
Jan
12c
/
6%c Aug
15 3A Mar
A
Jan
86c
1.31
Sep
10c
Jan
1.08
May
27
31
5%
Sep
5%c Jan
2%C July
65c
Jan
Jun
32%
Oct
Jun
32
Sep
5
7'A May
Aug
17c
19c
4,100
8c
Jun
45c
Jan
15c
11 %c
15c
9,500
8c
Jun
17c
Sep
2.74
2.70
2.80
4,200
1.90
1
1
1
1
1
45c
49c
12,6ti0
21c
May
6c
7c
62,500
5c
Jun
*'
^
—
"
13c
13c
15c
12,500
13c
Sep
1.45
1.55
13,100
77c
Jun
9
8%
9
1,430
8
Jun
7%
7%
7%
3,290
6
Jun
1
3.15
3.05
3.20
11,650
22c
22c
2.560
2.70
2.85
16,600
2'Ac
2'Ac
1,000
100
100
2.73
;■
2.40
16c
Jan
Jun
2.02
Jan
2c
Aug
94 Va Mar
110
3.10
Jun
1.45
74c
-
Sep
" Jan
13'Ac
Jan
34c•-Jan
1.85
10
7%
3.70
30c,
3.25
Sep
Jan
Oct
Sep
Jan
Sep
4'Ac May
102
Aug
10
10
214
May
11%
10C
12c
5,600
8c
Jun
15c
—1
—•
4'Ac
4 %c
2,500
3c
Aug
6c
—
22%
20%
22%
13,105
15%
Jun
22%
Jan-
25%
25
25 V2
420
July
27%
Feb
—7
17%
17%
17%
35
Apr
17%
Feb
10
10
75
Jun
9%
Oct
14%
*
1—*
14%
Mills
Mid-Continent Oil
23
17'A
8
8,724
10%
120
90'A
11c
500
9c
64%. 65%
1.275
„
11c
63%
8
96 %
13%
96%
Jun
Jun
Aug
~6
Feb
Oct
Apr
21 %c
Jan
10c
4,030
8c
May
10c
3,500
8c
Jun
6
840
4%C
12,500
6,
Jan
12c
9c
4 %c
Jan
98
Jun
30c
9'Ac
-
15'A
17 Vac
.3'Ac Oct
1,000
10c
'
Feb
68c
35.225
•
Sep
67'/a
71c
62c
Jan
Jan '
50'A
3'Ac. 3'Ac
68c
—
Lake
Gold
Mercury
■
Aug
7.30
5.80 Mar
6.75
6%c
Sep
2.85
Jun
4%c
1
1
-1
McMarmac
Oct
2'Ac
30c
15%
Lake
Red
McWatters
Feb
1,000
5,250'
2'Ac
4'Ac
*
5
Feb
20
14c
Oct
6c
4.15
McDougall-Segur
Mclntyre Porcupine
Jan
Jun
Oct
50
■
Feb
Jan
4c
26
10,500
■
Oct/
;
6'Ac
500
7c
32
100
53
22
A
common
Preferred
10%
Sep
16
-20
56c
19'Ac
51%
Oct
5'Ac
-
Sep
59%c
Jun
13%
Sep!
28c
15%c Mar
26c
Jan
1
common
Jun
'
5'Ac
' Jani
52c'
13c;
6 %c
*
—1—
Martin-McNeely
Jun
'
100
*
100
I—
Gold
Jun
•
30.6O0
13%
1
preferred
9c
l
*5c
13%
13
3%c May,
*
•
A
Maple Leaf Milling
29c
50'
Mines
Eastern
Oct
14c
51-4C
50c
1
1,500
1
Gold
Fielas
5,000
•
23,550
1
Lake Gold Mines
11,300
l.SS1
19c
Jun
15'Ac
•
A_
Consol
McKenzie
Goodfish Mining
class
MacMillan Export class
18c
j
15'Ac
*
3
*
MacLeod-Cockshutt
42c
_1
17'Ac
Jan!
7
4,600
12,200
-
*
9'Ac
39c
8c
UaU'
"
9'Ac
40c
17c
7c
1
17'Ac
•
;io%
15c
// r
\
_
9%
7c
Feb
-
36
Oct;
29
2,406
9%
15c
'•
20
2i>%
Jun
21%
4c
Sep
Apr
3%c July
74V2C
'"aV) '
"%
6.75
1
Gold-
Mines
3,215
2.50
Massey-Harris
Goldcrest
33
47c
106% May
Maiartlc
103
33
14%
Oct
6.50
33
37c
Class B
1.05
r
690
•
2 %c
River
1.05
8C
25
80c
Lake
1.05
6.30r
17
I
4c
Mines
Red
Oct
102%
•
24
s
,
54C r Jan
: Aug
16
25
17
25
Gold
Macfie
2.75
103
6
6
/ 17
Exploration
Mines
Macassa
Jan
6.45
Jun
4'A Aug
25
20
Yellowknife
1.55
1
1,000
61c
Goidfieids
Luuvieourt
Lynx
250
_l
Lake
'
38c
.
4'Ac
London Hosiery Mills common
2%
100
Yellowknife Gold Mines
Oct
Jan
'
1.35
Groceterias
Loblaw
2%
15
30c
Sep i)
;
8%
26
Aug
1
III
Lac
105
115
7
32
Little
2%
17
Oct j
8c
20'A Mar
20
1
Gold
Lenccurt
Jun
18%
,
'
38c
-
■
♦
1
100%
100 % 100%
Jan:
25
,
26
7%
«
Gold
Leitch
125
16%
/Oct
5c
26
26
7%
m
Leduc-West
150
100
20
7%
*
II
Secord
105
common
Preferred
Giant
Gillies
common..
Mines
17%
v
Feb
14%
Lapaska Mines
Larder
104
1.00
.
Oct
16%
25% Aug <
Gold
17%
common
,
32
Jan
Mines
Luz
100
__
i._
Feb
May
Mining
Wasa
—*
5% preferred
General
July
16
27'/a
7c
*
_
Jan
117
3c
Mines
*
com
6c,
Jun
13% Mar
Mines
Macho
Gatineau
.
Jun
110
24%
Sep
2'/a
Sep
24%
Oct
12c
May
—*
Co
Co
Oct
129
98% July
4c
Oct
12V4
30% Aug
Jan
38%
JanL
Jun
2c
•
320
Lapa Cadillac
,
Oct'
16
57
38%
Oct
990
Gold
Lamaque
-
Sep:
4.70
Jun
6'Ac
6c
27c
25%
Gold
,
47c
4.70
15%
38'A
12
r
•
•
___
A
class
Francoeur
Frobisher
"
42c
*4.55
15%
37%
10%
120 128%
1
Manufacturing
Motor
■Foundation
,
' lj.%
100
Preferred
Ford
'15%
•
Fanny Farmer Candy Shops—
Grain common
Fleet
"4.55
"
•
1
Federal
Federal
__
•
:
__:
1,250
Jan
2,000
Ltd
Dufault
Laura
Eureka
Sep;
39c
14%
Townsite
Shore
25c
41c '
Jun
25%
Rowan
82c
Jun
5c
Lake
Lake
58c
27c
17
Lake
Sep
17
45
23'Ac
93
20
Feb
32c r Feb
Oct
32
Oct
7%
11'Ac
Oct
14%
Lingman
4.65
Jun
Jan;
25%
14%
6c
Fortune
Oct
14c
32,976
19 %
Feb
5% Mar
8c
625
,
31%
6'Ac
Lake
Jun
21
32
114%
31%
Mar
12%
4,500
,
9%
.
4c
1,025
3c
116
2%c
Oct
45
•
i—
Lake
Jun
11c
46%'
45 3A
Jan
fa.75 May
3,860
1,300
46'A
Sep
65c
4
100
17c
13'Ac Oct
7
25,175
com.
Mines
Feb!
3.25
Jun
8
4%
10 %
bep
Feo
59 c
»'*
Jan
11c
10'Ac
Jan
100
30c
Jan l
38c
Jun
41c
__
Jan,
19%
__1
Labrador Mining &
Sep
30c
12c
13c
Sep
38c
•
Labatt (John)
Feb '
12,225
10'Ac
Oct
190
35c
Golden Gat©
Kirkland
Jant
109,075
»
7c
15%
17
38c
Gold
Kirkland
17c
42c
1
Mar
10
Kirkland-Hudson
Mar
60c
38c I
51c
Powders
Publish
Kirkland
25c
^
13% July
:245
July
6c
200
Keri-Addison
Lake
___*
Pen-Rey Mines__
—
Gold—__________—L
Oct'.
1.62
50c
6c
■
4% Aug
785
500
49,bOJ
3,000
16%
May
1.83 May
146,950
5'/a
l
Sol
Oct!
19c
23,300
3.90
20
Empire Brass class A
Jan,
92c
i
Oct\
5c
4,510
5,000
2.42
__
.
__1
;
Gold
13'A
•
26,000
May
10%
Mines
Laguerre
4.65
1
Mines
12
Sep
5c
2.42
1
!
Sep
May
15c
12c
10%c
6'Ac
Mines
Steel
22
9'A
6c >6'Ac
22c23'/ac
•
___
Apr
19,600
____♦
Oil
Apr f,
35c
17,000
9c
25%
50
9%c
Aug
10
150
6c
Kelvinator
Oct
12c
Jun
15,550
•
6,000
class A
Kayrand Mining
35 %
10%
270
—
125
Gold
Kenville
Aug
60c
60c
10'Ac ll%c
7c
7c
__
—1 v
Bronze
Quebec
Kelore
83c
6c
21c
12c
33c
11c
*
Petroleum
Journal
•
Jan
Feb
19%
150
58c
Sep
5
17%
Jan
Jun
45,800
i
Mining
Nickel
Joliet
20
110
60c
,
21%
5,270
156,200
10Vac
Eddy Paper class A
El
16%
1
—
Sullivan
4%
*.
1
Malartic Mines
Bldona
Jan i
9'A
«
16%
*
—
Leduc*
Elder
14%
Ltd
Mines
Amphl
East
Jun
8
225
«
9
9,
I
Mudge class A
East
Eastern
Oct?
•
Duvay Gold Mines:
East
22
28Va
*
Woollens
Mines
Oonalda
Apr
Jun
23%
Dominion Textile common
Dominion
18%
22'A
,
35c
1,500
45
common
Metals
Joburke
25
4,687
10% July
1
Acceptance
Jacknife Gold
Mar
19%
Jan
25
20'A Mar
•
28%
Chemical common—*
Preferred
Jun
Oct
Oct
9%
100
Oct
12
Sep
9,000
19%
International Uranium
'
9
6'Ac
Preferred
i
27
4%
•
&
Tar
271/4
Sep
19%
:
25
Dominion Stores
60
Feb
17
:
22
24%
950
'
Jan
Oct
14'A Mar
38c
6,543
6%c'
33c
11c
—
International
Jun
15%
10%
Oct
Mar
15c
50c
7c
37c
48c
50c
6%c
-10
,
International
'■i 19% Aug
14%
?
19'A
Dominion
Invest
/
Jun
8
Feb
.100
international
28'A
preferred-_i__—__35
Dairies
'
Jan
Jan
Smelting.
common
International
<
>>
4.50
Apr
12%
100
8c 10%c
Lake
Inspiration
r
1.69
Distillers Seagrams
Bank
Oct
1,90
Oct
Sep
3.o0 Mar
10c
1
Bank
Oil
Industrial
Jan
3c
l%c
100
45
Feb
33c
Jan
4,000
45
preferred
Indian
Jan
1,200
Dome Mines Ltd—
Dominion
1,20
22
9'Ac
Ingersoll Machine class A
Jun
10c
15,200
9%
Aug
35c V35c
35c!
__1
Yellowknife
Discovery
;
1.15c
6%
4,3
1.65
v
6'Ac
1
.
:■!.
17
—1
;
Eric
17'Ac Mar
July
Imperial Tobacco of Canada ordinary_5
4%
Oct
-50
preferred
Bay Mining &
&
3c
5,500
-
5c
Feb
14c
Jun
7c
t
6'Ac
1 < /, 1.65
.
Lake
Red
14 %c
14 %c
♦
Ltd
Lake
Red
Dexter
23
8%
8% '
______
Jan
52
45'A Mar
Huron
Jan
Jun
1
Malartic
Imperial
Imperial
12c
22 -
;
Sep !■:
lie
28c '
A
72c
Hudson
Hugh
33c
9%c
12c
31c
Jan i-
150
10c >
10c
—1
30c
50%
50%
.,-1
Mines
Feb
Jun
leo
25c
4,000
Oct
6
Jun
1
Howey Gola
31c
16c
30c
Smith
Jun
15'A
1,100
Jun
6'Ac
9%
__
Hoyle Mining
Jan
5%
Jan
10c
—5
■
Jun
10c
Jan
65c
20
8
Mines
Gold
80c
Aug
14
4%
Jan
1.45
137A Aug
14%
24c
5'A
•
May
6c
July
B
Howard
Jun
76c
Hosco
Oct
4ot
40
Mfg class A
Bellinger Consol
Homer
Yellowknife
Jan
157
148% Mar
_0
II
Delnite Mines
Detta
■;/
8'/a
July
Sarcee
Dauch
Class
Jan
123
Jun
-
Holden
2,500
9,500
1,405
Oct
Oct
Oct
6c
17
Feb
t
t
4%
190
*
12c
1
July
5c
4%
Oct
Apr
13
2,500
Highwood
32c
5'Ac Sep
1,000
9'A Mar
3% Mar
7c
8'Ac
9%
10'Ac
1.25
100 101 »A
.100
Oils
Apr
1
B
Decalta
42c
50
515
9'A
1
"
*
&
10
7c
Highland-Bell
Highridgc Mining
Hinde
63 i
Oct
10
9%
7c
i
1.00
643,545
28c
32c
.100%
1.10
Petroleum:
Class
Jun
6%
50
6%
9'/a
Sep
40c
,
:
1,731
Feb
38c
9'Ac May
■
Oct
51,990
Mines
1.25 Aug >
25
12%
3t>e
1
Mascot
Gold
Sep
10%
1
Gold
Hedley
Heva
Jun
85c
25,143
1.25
1.00
1.32 Aug
Heath
16
9%
1
Gold
Hasaga
24
305
:
Apr
12%
30'Ac
*
A
Jan
Apr
4,650
5 Vic
1.05
14%
30c
40
31c
—__1
1
_______—
Gold
class
Hartz
Oct
8
May
July
*
1
Carpets
Gold
34
10%
Muu»
Goiu
Harricana
Mar
1,436
Harding
Harker
Sep
3.20
Jan
2.00
14
9%C
Coal
Leather
Sep
Rock
tiara
Jan:
2c
2c
4.10
4.10
_*■
Cotton
Hamilton
7
lb
1
Hamilton Bridge
Mar
13
July
17'Ac Jan
9% Jun
16% 16%
22
22
2c
4.10
1
Sep
22c
5'Ac
18'A
1
Mines
i
lie
~
22c
5c
-
*
Halliwell Gold
1.75 Mar
13
& Alabastine
preferred
Lime
Brass
Hallnor
Feb
220,070
1.06
a
_
Hahn
Oct
1,000
,50c
9c
5c
•
Lake
Gypsum
2'Ac July
.*
________
Jan
16%c
1,134
'.v..: 4
48c
8'Ac
50c
8'/4c
1
1
Gold
Gwiiiim
Oct
11
May
Mines—
Gunnar
28'A
Sep
Lead
Gulf
/
■
__
1
1
Mines
Guayana,
f
13'Ac Jan
27% July
7'A
v
Feb
6%
*
.
10 %c
239
23
—
*
:—*
High
Low
2,950
37%
36
'
Greening Wire
'
Jan
Julv
1.45
32c
41c
■
Davis
Jun
3%c July
25
5c
Patricia
Crowshore
May
1,010
1.37
-1
Oro
Mines
Nest
7,000
7,uOO
May
65c
14c
J
37%
*
preferred
Saddlery
West
Great
v
1.65 Jan
5«c
11,350
21c
100
Pershing
Cromor
Sep
2,500
8,475
6c
class A__
Press
common
Crestaurum
1.95
8
w-1
_______
Mining
Bit
Jun
8,500
Imperial Mills
Cosmos
1.40
3c
2,77
Exploration
Cournor
4,100
28c
54c
Consumers Gas
Conwest
Jan
26c
1
Consolidated Mining & Smeiting
Consoliadted
1.50
2%C
Homestead
Consolidated
1,800
Sep
Coal
West Felt
Great
1.05
82,100
West
Great
Feb
102
98% Aug
}
Sep
100
2 do
Mines—
Duquesne
Consolidated
17%
14
___*
Beattie
Consolidated
Jun
1.16
5
__
Astoria
Consolidated
ll7/8
common
A '
Preferred
;
Range Slnoe January 1
High
16'Ac 16%c
12c
14c
12% 13%
' 1J
•
Papei
Lakes
Ureal
14
1
_-_l
Mines
Coniaurum
Mar
1.15
14
*
___—
Lake
Coniagas
85
Giandoro Mines
r
218
Cockshutt Plow
Colomac
Aug
13%
Cochrane Dunlop common
com
80
28
—.
__
,
Willans
Cocnenour
Oct
25
145
1.85
1.24
95c
19c
9c
._—
Bar
Citialam
—
*
class A_-~—____7
1
——•
-—
1
Chromium
101
8,912
8
8
55c
67c
5%c 5'Ac
1.60 1.76
8
—*
50c
1
*—1
.
Rc-searcn
Chemical
Circle
20 :
common
new
Jan
Jun
20
»
l-45
135
1-80 ' 1.80
1-16
100
91c
88 Ac
18c
,18c
9c
7c
—
23
1 1
1
OIL
Leduc
Central
15 /a
12%
97Va
1
*
•
Bousquet
Graham
15% Feb
10
99% 99%
Shares
Low
Par
1,510
15%
100'14100 A
83
83
14%
15
100
Oils Cos
Canadian
for Week
High
Low
High
Low
Par
Since January 1
Range
Share*
ef Pricee
Sale Price
Range
of Prices
Last
Sale Price
lor Week
Sales
Week's
Friday
STOCKS—
Salea
Week's
Friday
5'Ac Sep
3'Ac Jun
12c
7%
Sep
Sep
Jan
7'Ac Mar
Volume
Number 4849
170
THE
COMMERCIAL
■
&
CANADIAN
RANGE
Friday
1
STOCKS—
Week's
Last
Par
.
:
Midland
Milton
&
Pacific
Erick
Mining
Grain
Corp
Modern
Containers
Monarch
*
Monarch Mortgage & Inv___•
Moneta
_
Porcupine
16
July
17%
95c
July
1.55
Jan
11%
11%
-5,210
8.25
14
14
100
lii%
Sep
15
9%
370
9%
Oct
14
Jan
9
6% Mar
25
3,400
36c
Oct
60c
3,920
17%
Aug
23%
Jan
74%
,
74
74%
,
312
64%
Jun
75
Oct
Apr
27%
26%
26%
26 %
400
13c
12%c
13c
11,000
6c
6c
563
Mines.,
National Drug
Preferred
1
National
Grocers
National
Hosiery
Petroleum
National
Sewer
National
Steel
Pipe class A
New
Nev;
Calumet
New
Goldvue
New
Jason
44c
52c
100
9%
9
9%
1,091
90
90
19
Dairies
A
__
A
7%
175
6
Feb
11%
185
10
Mar
July
170
12
775
7,000
32
31%
32
20
20%
711
2.14
2.20
5,600
Stadacona
Oct
Standard Chemical
14
Jan
Standard
21%
0?t
8'A
Apr
86
9%
Oct
July
95
Feb
30
Jan
29
1,965
22
Sep
28
3,381
21
Sep
28
Oct
99
675
93
Jun
99%
Jan
32c 37 tic
8,700
44c
Jan
70c
82c
34,300
Feb
94c
20
20
415
17
Mar
20
ll%cll%c
1.O0J
10c
Julv
23c
July
55c
Jan
27
Aug
34
16%
Jun
23%
2.63
Mines
•
Paving common
3,000
6%c Jun
4%c
5,050
3c
1.20
1.30
18,600
84c
53c
24c
50c
6,697
41c
8
Btfe
8'A
2,275
5
Jun
Jun
Sep
Aug
JaD
.
Sep
9'A
Sep
•
12%
11%
12%
I,305
•
Starratt
24 %
23%
24%
775
—•
8
7%
8
185
75c
€5c
75c
24,900
50c
Jun
83c
Sep
15
15
455
13%
Feb
16
Oct
88
89%
Oct
Bros
Steel
.
Olsen
Stedman
Mar
1
9%c
18c
1
18'Ac
48c
50c
•
common
Stanley Brock class A
Apr
71c
'
7
Jan
12'A
Jun
24'A
Oct
Oct
18'A
9%
Apr
Oct.
Jan
1.95 May
60
32c
•
Preferred
Oct
47c
Jun
9c
1.30
1
of
Co
Gold
1
•
Canada
15c
Feb
9c
Feb
i
Steeloy Mining
Jun
2.35
Jan
)
Steep Rock Iron Mines—!
__
*
1
July
18c
20c
1,825
20c
Oct
31c
Mar
52c
57c
11,830
47c
Mav
75c
Feb
1
36c
40c
15,447
36c
Oct
40C
_•
1
8%c
10c
9,250
5c
Jun
4c
4c
1,000
3c
Jun
3%c
4c
22,000
3c
9%c 10 %c
30,100
7c
so
25
common
90,
7
900
78
Mar
90
90
825
78% Mar
90
7c
7%c
5,500
3'Ac
Jun
8'Ac
Jan
1.73
1.90
20,855
1.2H
Jun
1.95
Sep
5%
Apr
87 %
1.90
Oct
Oct
1
i
52c
26
26%
•
Sep '.
8
27c
4c
1
i__„
NcwLund
Apr
Jun
98
1
i
—
Brazeau
Preferred
.
Sep
33
28
29
1
11%
15% Mar
45c
__
Gold
South
13%
9%e
Mines
15
Oct
98%
\
Sladen Malartic
Southam Co
21 %
2.19
Siscoe
;
Oct
13
___1
—.
High
Apr
32c
65,990
•
Jan
21
•
Bidiamao.ue
51c
1
11%
32'A
120
100
12c
40c
__
Alger
New
32%
I
class
Jun
45c
•
:
32%
B
5'Ac
21 %
•
Car
Mines
32 ti
Preferred
14c
*
B
Class
-
May
_*
common
class
West
8c
11
11%
*
;
25 %
f
7%
5
National
Negus
__
5
common
Low
70
14%
14
__
Range Since January 1
High
Feb
25
Mosher Long Lac——_______________ 1
Mylamaque
,__5
Silverwood Dairies class
Simpson's Ltd
,
Jan
197/a
Shares
r_i.___40
Silverwood
>(
Oct
9
38c
19
37c
•
Preferred
9
36c
common
Silver Miller Mines
^
Apr
9%
Ltd
Preferred
Jan
19%
•
common
12
14
1
Moore
Jun
Silkr.it
for Week
Low
Par
Feb
500
*
Montreal Locomotive
Corp
125
1,10
9%
*
*
■___
_____.
High
Range
of Prices
Sale Price
,
Sales
Week's
Last
««*
>
16%
11%
common
Knitting
Low.
43
21
STOCKS—
High
(1631)
MARKETS
OCTOBER
Range Since January 1
1.05
„
_
ENDED
'
Friday
Shares
.16%
__
•
*
_
WEEK
for Week
Low
•
LISTED
FOR
CHRONICLE
Sales
Ranee
of Prices
Sale Price
FINANCIAL
'[ Stovel Press preferred
Stuart
Oil
5
♦
,
5
20
_10
preferred
20
'
1
215
5
4%
Jun
20
Mar
16c
Mar
27c
Sep
4c
50
20
Aug
11 tic
Feb
20% Mar
'
New
Marlon
Gold
*
Sturgeon River Gold
23c
Jan
6c
Jan
Jun
18C
Jan
jj
Gold
New
Norzone
New
Pacalta
,
New
1
i—
—
May
14c
Jan
f
J-
Taku
•
Mines
Mines
Mining
Ltd
North
Inca
.)
Gold
1 Osisko
Suply pfd
J
Page
Pan
Western
Parbec
,
Perron
32,000
14c
14c
100
9
,.
;
6
40c
Aug
Jun
1,500
17%c
30c
30c
1.90
2.05
5,950
19c
22c
8,500
1,000
3c
3c
200
5%
5% V?
13c
10c
13c
7tic
7tic
95c
■
95c
.
265
3%
Jun
7tic
1,000
5c
May
1.02
24,800
9,000
45c
May
7c
Jun
3-10
2.95
3.15
46%
46%
47ti
575
1.35
.1.24
1.35
28,542
237,800
47,885
2.02
36%
96c
•
19c
15c
20c
—1
4%c
4,500
__
."'.3tic
3c
4%c
1
3c
1,000
3c
20,800
1,700
30c
1
33c
36?
66c 66 tic
33c
,
Gold
:
Photo
Engravers
Piccadilly Porcupine
*
1
8%c
8c
9%c
31,766
Pickle
1
2.05
2.01
2.09
4,442
1
—
3.40
3.50
300
Mines
Pioneer Gold
1
26
—
9%
Jun
6c
25
26
9c
25
7c
1.71
Sep
6% Mar
20c
9c
Sep
Jan
50%
Sep
May
1.65
Sep
Jun
Apr
Jun,
8c
Sep
Jun
,89c
A
preferred-—•
45c
9,000
69c
935
41 %c
Porcupine
Powell
Reef
1
Gold
River
;
Power
Corp
h
Metals
Pressed
1.15
1.06
•
_—
16%
.
1
—
55c
68c
30c
Jun
68c
1,460
33%
Jun
42%
65c
Jun
29,600
55,300
1.30
57c
Jun
1.25
Jun
16%
Jan
12%
2,140
9%
Jun
12%
1.84
7%
1.95
7%
16,300
185
1.30
May
2.05
East
1
Dome__
Purity Flour
9%
Jan
46%
; 47
102
53%
Feb
1.81
1*'
,
_____10
Mills common
Preferred
40
46%
43
May
Labrador
1
i
Quemont
Jun
67c
Jan
46c
Jun
.1.04
7,700
class
65c
18
62c
A
75c
82c
14,485
2,600
2.10
2.31
2,550
-'_A
4c
4%c
9,000
6
6
75
26%
26%
105
9%
9%
10
^
iv 10
"
—
26% t
•
—*
Robinson Cotton
—
'*
(Little) common
70c
'^'17%',18.%
2.31
*
A
j
!
Roche
Long Lac
1
;
Rochette Gold
t
:
1..
..
,.11
65c
May
May
18%
Oct
May
8%c
7%
30%
Oct
50
9%
Oct
50
9% Oct
(G
54
30
47
Jun
55
17
Mar
23
9%c
9V2c
10c
5,000
;8%c
6%
&
8c
,
—'
.,
3.65
3.95
5.40
2,729
26c
29c
8,000
19
">19
20c 22tic
1,200
28c
—
__
W)
Grocers
(George)
;
f
i
___i
*
24%
99'A
1
v_
99%
10'Ac
_1
_1
Gold
Yellorex
Yellowknife Bear Mines
York Knitting class B
Mines
Jun
6c
Jun
-
6c
'V-.
St Lawrence Corp new common
11%
12c t21c
150,225
4%c
5c
10,500
16%- 16% ■>1
1,430
6c
6c
4,000
—
9
__
15
83
49%
81 %
48
—1
(new)—99
.—1
1
4.05
1
3tic
1
Shawkey
—
1—*
Ltd
—
1
Shawinigan Water & Power com
36c
•
25%
Jun
'
-
% 9 .v"
230
150
150
1,640
4.00
15
83
■
50
4.15
class A
Sheep Creek Gold
Bherritt Gordon
Shirriff's
18 %c May
27
9.70
Oct
Asbestos
For footnotes see pqge
1
1
44,
Sep
500
6c
Sep
9c
Feb
500
155
25 %c
9c
Feb
48%c"Oct
160
22
490
21
75
J
Mar
7e
5c
HAug
25
Apr
100 ti
Jan
lie
July
May
Jan
37c
Jun
May
5c
6,500
26
Apr
90%
16,500
9c 'hOct
Oct
2,000
Jan
Feb
2.30
2.30
11 %C" Jan
May
4c
34c
-
37c
3,400
18c
23,250
61c
Jun
1%
295
Sep
Sep
2.75
Jan
93c
2%
Adt
July
7c
2.00 May
4,760
2.50
37 V*
100
Jun
91c
2%
34c
-?92c
__
48c
1.15
Jun
3
May
Sep
Mar
5,758
3tic
3%c
8,000
7c
7c
7,000
6%
35c
25%
6%
39c
250
36,900
755
25%
OlOc
and
Canada
Vinegars
-18%
8c
9%
Sugar—
Jan
Canadian
Marconi
Vickers
50
,
Jun
4.75
Sep
Sep
Oct
Mar
Sep
v
21
Jun
26
13
Jan
13%
2
May
24
13
3%
3%
90%
94
4'A
50
23%.
22'A
1,870
Sep
Jan
Jan
Oct
4
Lumber
Western
Westinghouse
i
'
Feb
10
23
210
j
1.85
1.90
22%
Jan
13%
Jan
23
Oct
1.15
700
.
Feb
11% Aug
19%
19
2,550
12%
12%
22'A
__
80
3%
•
-*
._.
53%.
_•
-—
18%
Cc
Dalhonsie Oil
Dominion
17c
6%
-—:
.
(
18%
Jun
2.00
July
83
635
3%
'
:
3,000
55
18%
.
160
.
60
-
Jun
3% May
-
Jan
88
Oct
4
Apr
Jun
55%
Oct
Jun
19
Sep
26c
3,515
49
13%
.
Jun
59%
31%
Jan
'R
53'Ac
52c 59'Ac
108,200
;
Oct
*
39%
40
545
40
Sep
3.10
3.10
3.25
8,225
2.30 Aug
3.65
Jan
♦
*
39%
•
Bridge
Oil
•
31
27%
32%
2,455
21%
32%
Oct
Mav
Oct
Hayes Steel
—
;
Jun
60c
Sep
Humberstone
Shoe
Jun
25%
Oct
International
Paper common
•
20c
Jan
Preferred
—
*—_*
14
1.60
Jan
3.40
Sep
Aug
24
Oct
43%
Jun
71%
Oct
98
Jun
109%
Oct
1,115
13%
Jun
17%
Oct
1,775
12'A
Jun
24
24
70
67%
71
6,315
109'A 109%
6
18
July
Oct
146,255
1.01
Jun
1.25
Jun
20%
20 %
100
20
Sep
21
20%
21
935
15% Mar
21
15%
Feb
7.00 May
29c
?
Jan
103
70 % Jun
160
-
22%
22
12%
; 22%
•
common
30c
-3.05
34c
High
7%
165
13
1-
22%
2.50
—
Low
5%
Oct
11% Mar
1,295
400
3,380
Range Sine* January 1
High
Aug
Jun
25
650
20%
8.00
34c
.
♦
common
Consolidated Paper
3,000
19%
7.90
33c
Shares
93
'
Industries
Jan
7c
for Week
3'/e
-v
—
Canadian
86
6
Range
630
„
.1
Dominion
Jan
71% July
3 tic
Sales
Week's
of Prices
Oct
26 %c May
Canadian
3.50
Funds
Low
—100
Canadian
31
Canadian
5
common
Oct
17c
--
Exchange-Curb Section
Last
Preferred
Jan
13%
1.16
20%
(Quebec
Silanco Mining
15c
97
23%
15
15c
21
*
Mines
Oct
Jun
27
Banknote.
Jun
—
Voting trust certificates
Sigma
33%
7c
97
Corp
Jun
13%
1.10
—
20
common
Feb
Jun
2,200
13,141
3,500
——
9%
10tic May
—
*
50c
1
preferred
Breweries
15%
Mar
'
4,492
Par
Apr
Minnesota
*
& Ontario Paper
Niagara Wire Weaving
Aug
24
70'A
.
109'A
L
17
A
16%
17%
16%
17
22%
Jan
Z"7J
22%
22'A
100
Aug
„—-i
5.80
7,190
3.35
July
May
23
5.30
Pend
Oreille
Bros
59
100
45%
Jun
63
Sep
35c
35c
1.000
42c
Oct
50
50%
85
Oct
7c
500
5.65
53%*
«
20%
Oct
Southwest Petroleum
*
-9.50
Sep
Supertest ord
*
65c
17
20
6.70
Jan
Oct
Price
Sick's
Jan
6c
—1
Jan
4%
2.57
1
Mines
Winnipeg Erew
21
26c
100
—■
International Utilities
Shea's
Jun
Oct
fi.50 May
2,725
,
.
Jan
12
Foothills
Senator Rouyn
Oct
17
20c
"
99
Sale Price
Canadian
4%c
_1
Mines
75
4%c
STOCKS—
Co
14%
*
—-16% %
Sarnia Bridge (new)
29c
33%
34
J
Friday
Brown
Jun
Sannorm
Oct
26c
,100
-
Mar
3c
Gold
Jan
4'Ac
Toronto Stock
50c
Feb
Sand River
Sep
6.40
1
5c
1
Aug
Feb
—
Jan
4.85
Jun
•
t
23c
9c
.
6c
__
5%c
•
—___________
Wright-Hargreaves
5,000
:
5.85
San
7%
1.10 May
5%c
35'A
common..,
—
American
47,360
preferred (new)
Antonio Gold
Jun
Jan
4.00
100
Winnipeg Electric
Preferred
British
9.70
2nd
Sep
*17c
Sep
23%
24%
99%
12c
6'Ac
24
—100
Apr
-8.65
1st pfd
25
—
common
13c
18c
Paper
8c
__
common
Jun
<9.50
Lawrence
Oct
3.05
9c
25%
9c
6c
1
1
St
Jun
8c
48%
47
—_1?
1,500
•
I
9.45
9.25
32% '33%
9'Ac 9'Ac
33
'
Ashley
3,000
Royalite Oil
preferred
...
22 Vic
*
5%
1,050
50,000
5.25
„
'
25
Product^ —11
8c
Oct
24%
2nd
6%'
3.65
5,35
1
—
48%
8c
980
'
Sep
23%
54
9tic
Feb
26%
27
Ryanor Mining
Jan
23%
1
Jan
3c
44c
common
Jan
24%
1.22
Sep
5% July
26
Industries
30%
18% July
865
Jan
40c
Russell
Sep
8.350
Consol
Canada
i
Oct
27
8tic May
__
•
(Hiram)
Oct
3.75
Roybar Chibougamau
Rupununi Mines
■
27c
145
23
Amulet
9c
8tic
:.9c
—.
-•
_____
15% Aug
1.603
25,567
30
100
1
1.18 May
Jun
1.45
27
Co
Eank
Jan
F%
14
29%
1.20 Aug
—10
Oils
Roxana
Royal
May
23%
)
•
Andian Natipnal
!
Apr
65c
Jan
40c
1
_
—
Robinson
17c
2,000
1
-
Riverside Silk class
<
23,300
67c
1
Textiles
Renfrew
20c
65c
_1* " 78IC
:
Reeves MacDonald
Regcourc
18tic
—
•
Mining
I Quesabe Mines Ltd
t
19 tic
—1
—
Quebec Manitou
Queenston Gold
90c
Oct
19c 23'/ac
13%
30
•
V
1
Quebec
Feb
15c
2.90
Oils
Winora
Oct
6% May
f
.
Preston
55c
'
Jan
11%
12
Oct
22
Wingalt Gold
Sep
12%
4,990
Oct
23%
„
Sep
22%
Jun
2.75
Winchester Larder
Sep
2,815
II,600
20c
51c
Jun
22
Mines
Preferred
Jan
23,325
63c
<
May
17
17%
2.85
Wiltsey-Coghlan
Oct
41%
1.05
1.24
V 99c;; 1.15
15%
16%
41
.
29c
25
;
—
Weston
Sep
40ti
61c
•
-1
Voting trust certificates—1
Sep
79
20c
14
'
Powell Rouyn Gold common
Jan
15c
8.800
19 %c
-■
12
3,703
59c
Feb
Oct
42c
__
Aug
1.35 Mav
10'A
Jun
22%
59c
70c
Mar
7c
22 %
;
22c
10%
22%
40c
Oct
Jan
Sep
May
700
>
21%
__
Oct
5'/2
3.75
400
11
9tic
-
22%
.
Sep
Feb
31%
Jan
Jun
9
•
'Western
Sep
4.00
2,800
9%
__1
Western
,^.15%c Mar
3.00 Mar
47c
1.23
10%
2.35
36c
Oct
8%c
46c
50
Hill
Steel
Wekusko
2.54
9%
9J/ac
Jan
Oct
if
Feb
2.70
43,700
__
2.30
Oct
•
preferred-
Canada
'Westeel
,
Jan
Jun
12c
Jun
26% July
4% Jun
25
9%c
15c
13,505
West Malartic1
;
Sep
V
27
5%
3.30
-.1.27
1.15
•
Oils
Walker
45c
July
Apr
B
Walte
Jan
6c
5%
3.20
-
1
Virginia Dare preferred
24'Ac, Apr
:
31^31%
270
•
*
Keno
Vulcan
13,000
•
!
Violamac
Sep
13,056
"17c
9%
•
Ventures Ltd
3.20
1.80
16c
5%
1
A
Resources
class
United
Upper
1.66
♦
——
Fuel
United
Jan
•
United
Jan
10%
3.30
Corp class A_—>
Class
v
1.18 Aug
18c
class
Mining
United
Feb
Feb
2'Ac July
55c
Sep
Sep
l
7'Ac
May
1
Gas
Class B
5
,31%
>
*
Union
July
2,500
9%c
—
Finance
Transcontinental
United
5%c
17c
1
—
Petroleums
"
Oct
Stic
common__—____* t".
A
Union
<
43c
1.27
I'.1.20
Works
Transvlsion-Television
Apr
6c
:>
Oct
18,500
11c 11 tic
__
9
Jan
2.60
Jun
9
Sep
24c
July
10,500
>
Sep
common.__^._^„*
Class B
Sep
53c
Feb
6c
9
'; 5%
/
,
5%
Jun
3tic
July
2.70
Jun
3tic
3
"
1.11
12c
4tic
—
4%c
•
______
10
May
34c
*
Iron
Traders
3,500
1.75
*
common—
Tcburn Gold
Tower
»
43c
__
1
Towagmac Exploration
Feb
19c
Ltd
Class
35c
,
(Pearson)
Toronto
27,850
50c
j Torbrlt Silver Mines
Oct
13c
Taylor
1.000
2,30
41c
River
Tamblyn
500
4%c
2.12
•
—
20c
20c*
4%c
2.29
1
^
—
Gold Mines
Thompson-Lundmark Gold Mines
1
20c
1
Mines
Tech-Hughes
13'Ac Aug
Oct
-
Sep
Sep
5%
19c
Feb
Jan
Sep -;
1.42
•
Ltd
Mines
Oil
Gold
Oct
700
1
Consol
Crow
3c
26,500;
1
Mines
Paymaster
9tic 16%c
—1
_
Tubes
Malartic;
8c
>
13'Ac Jan
3 'Ac May .ft-: ;'
16,800
1
Porcupine
Peramaque
1,000
5%
:■<
Mines——
Hershey
95,400
9c
6c
3.75
Jun
2.20
1
Petroleum
Pamour
13c
4c
5%
2
Mines
Pacific
8c
1.95
,7
Oct
52c
Cons
Bylvanite Gold Mines
;
t
'
2.02
_•
;
Lake—————
Lake
Osulake
4%c
12c
63
2'Ac July
5%
—______1
Gold
Red
Jun
Jun
2.02
Orange; Crush
Orlac
Oct
1.70
9
•
-
Omnitrans Exploration
Orenaaa
25c'
4tic
9tic
•
;
Malartic —
Beauty
6,500
17,700
9,070
5,000
*
__
Oils
Ontario
4c
34c
12%c
.
Sep
5
Mines__
Ogama-Rockland
Omega
Apr
1.25
1
.
Gold
1.03
Jun
2.72
•
common
May
90c
48'A
3c
Sep
•
Contact
Sullivan
■
1
Jan).
Jan
8c
47c
8%c
—1
■
250
.
2,720
2bc
vl3c
>
12c
-26c
;
115,550
62%
2.57
__
1
Preferred
Okalta
3c
2.70
1
Gold——
lie
26%e
5%c July
2,000
1.02
61%
1
——
Mines
North Star Oil
70c
1.02
'
—
61%
1,-
Mines
Dennison
O'Learv
71c
)
1
North
O'Brien
.Sep
*
-
,.
Jun
3c
_•
Gold
Northland
9c
12,500
1
.
Norlartic
Norseman
13,400
4c
.
•
Normetal
Norpick
11c
3%c
'.
5
;
Mines
Norgold
8c
9'Ac
__
—
1
d
Mines
8c
9%c
1
:
Nipissing Mines
Noranda
10c
1
i
Thurboia
Yellowknife
Nicholson
4c
,
*
Rouyn Merger
New
Nib
!
Oils
1
Superior Oils Ltd
Surf Inlet
,
Sudbury
Newnorth
Apr
Temiskaming Mining
1
50%
7c
7c
25c
July
42
May
50%
Jun
8%c Aug
6c
-
.
Monday, October 24, 1949
'
& FINANCIAL CHRONICLE
COMMERCIAL
THE
(1632)
44
OVER-THE-COUNTER SECURITIES
Quotations for Friday, Oetober 21
Obligations Of Government Agencies
Investing Companies
Far'
Mutual Fond*-—
Am e rex
4.04
3.73
7.16
Beneficial Corp
Blair Holdings
2 (4
2%
93.28
97.17
20.48
America.
22.14
1
1
25.95
17.69
20e
3.75
Fidelity Fund Inc—
8•
Financial Industrial Fund Inc_l
Corp
10
First Mutual Trust Fund
1
Franklin Custodian Funds Inc—
Preferred stock series
—lc
First Boston
25.25
1.78
28%
4.94
lc
7.07
lo
Electrical Equipment shares lc
Food shares
lo
Fully Administered shares—lc
General bond shares
lc
6.04
8.95
4.59
6.58
5-54
5.57
shares.
6.91
shires—lc
7.24
6.59
8.99
shares—lc
8.04
lc
5.39
lc
lc
7.49
5.14
Industrial Machinery ibares lc
Merchandising
shares-
shares
Mining
Petroleum
shares
Railroad Bond
Equipment shares
Railroad stock shares
RR
Steel shares
Tobacco
7.91
lc
lc
shares
Utility shares
Howe Plan Fund Inc
Income Foundation
Fund
Investors
Institutional Shares Ltd—
Aviation Group sharesIncorporated
lc
2.34
3.39
lc
lc
lc
4.06
4.38
4.53
lo
shares
5.69
^1'"
4.44
10c
1.69
5
21.17
lc
lc
lc
Stock and Bond Group...—lc
Investment Co of America
1
Investment Trust of Boston—1
shares
:
Insurance Group shares
Bank Group
Investors Management Fund—1.
Keystone Custodian Funds—
B-l (Investment Bonds)
1
B-2 (Medium Grade Bds):—1
B-3 (Low Priced Bonds)
1
B-4 (Speculative Bonds)
1
K-l (Income pfd Stocks).—1
K-2 (Appreciation pfd Stks)_l
8-1 (Quality common Stks)-1
8-2 (Income com Stocks)—1,
8^3 (Appreciation com Stks)_l
8-4 (Low Priced com Stks)—1
Knickerbocker Fund
1
8.23
76c
1.06
11.88
24.77
7.46
13.77
Interest—1
26.10
28.22
2nd Fund Ine.l
12.07
13.05
Fund of Boston Inc—1
13.41
1
13.99
15.48
1
13.47
1
8.86
9.58
tl%» Dec. 15, 1949
6.63
7.25
Sifts Jan. 1,
1
5.90
6.35
6.94 /■■
4.05
4.43
1
2.80
3.06
—.—1
1
4.50
4.92
5.70
6.23
Selected Group Series
1
Low Priced Com Stock Series 1
3.44
3.76
3.43
3.75
1
14.76
15.83
*'9.26
10.15
5.79
6.35
6.79
7.44
10.59
11.61
Fund
Balanced
Corp
series
Low
Priced Bond Series
Stock Series
Preferred
Series
Income
Stock Series.;
Industrial Stock Series
New
——1
Agriculture
16.93
Bank stock
52.22
Building supply.
1
7.84
8.59
5.15
Chemical
1
10.55
1
10.76
tl%s Mar.
Ask
7.00'
Automobile
Aviation
Corporate bond series
.0700
100.0433
.0528
1950
3.78
Dated
Dae
Sifts Sept.
1-49
1.15%
1.30%
10T
3-49
7-
3-50
bl.30
1.15%^
1.50%
7-
1-49
1-
3-50
bl.25
1.15%
1.30% w.i.
11- 1-49
8-
1-50
bl.30
1.15%
18.26
10.61
11.63
1
7.42
8.13
1
4.76
5.22
Nov.
1
5.88
6.44
Dec.
Utility
9.44
Public
8.81
Railroad
5.92
Railroad
8.19
Steel
5.64
equipment.
Tobacco
10.36
10.25
11.23
United States Treasury
8.47
13.15
9.45
7.79
8.54'
7.43
Oct.
Nov.
Nov.
3.75
Putnam
15.00
Republic Investors Fund
1
Scudder, Stevens & Clark
Fund Inc (net asset value) _•
Selected Amer Shares
2%
Shareholders Trust of Boston—1
Sovereign Investors
1
Standard Invest Co Inc
10c
X2.21
Investment Corp.*
50.25
53.25
9.40
10.25
4.98
6.24
4.58
1.83
22.89
State
Street
Television
9.02
84c
1.17
13.03
26.93
8.18
Trusteed
Fund.
50.01
Series C
11.21
19%
21'/a
5.70
93c
67c
6.24
1.03
75c
20.99*
1
1
1
17.54
18.66
0.90%
bl.04
0.93%
Jan.
Banks & Trust
Bank
of
Manhattan Co_10
of the
Bank
^
Trust
Bank
St
Trust
19.05
27.41
22.52
15.83
9.01
15.10
20.90
26.73
14.27
10.88
4.45
24.57*
Whitehall
1
16.07
17.28
17.27
Wisconsin Investment Co
1
3.63
3.93
4.86
Series 1955,
1
3.63
Lawyers Trust
4.55
4.99
Series 1956;
1
2.25
Manufacturers Trust
Inc
9.83
16.47*
County Trust Co , "•
(White Plains, N Y)
Empire Trust
Unit
Type Trusts-
Diversified
29.16
Series E
First
Shares-
Trustee
Independence Trust Shares
11.87"
i
100 1,230
100
Guaranty Trust
Industrial Banfeof Commerce-Id
1
2.05
2.34
Irving Trust l4_—
Kings county Trust-
286
-
-
Bid
32 %
116(4
Co*
(J P) St Co Inc.
51%
20
100
—12%
235
17%
1,290
33
National Union Fire
24%
29
..5
31%
33%
8%
29%
31%
lo
56%
:
100
Hampshire Fire
New
North
Fire
21%
23
54
37%
39 %
2
10
38
40
45
48
5
17
18%
58
-10
58 %
61
Pacific Fire
-10
35(4
37%
Pacific
35%
37%
Phoenix
River.
Northern
2.50
26%
12.50
103
60
15%
95 %•
Preferred Accident.
4%
65
75%
91%
-5
18(4
Bid
105
1974
Bell Telephone of Pa 3a
27%
29%
—5
53
55
92
(Robe St Republic
—8
Globe St Rutgers Fire com... -15
2nd preferred
-18
11%
12%
36
39
Standard Accident.
_2
6%
.10
San
9
S A—12%
56
53
45
Franclsee
Bank of Amer N T ft
665
-45%
Issues
Cen
105%
Bid
pfd-50
Ariz Lt ft Pwr $2.50
Ask
51%
Par
Stocks-
Ask
Duke
1—1979* 104%
2%s—
Power
104%
4.75%
Lt
Conn
& Light—
52%
1st
—1979
103%
104%
103
104
Narragansett
Elec
New
1978r 105"
3s
104%
1978
England Power 3a_
-106
2%s
1979
105%
Electric
3s 1979'
(series 1949)
pfd
Pow &
101%"
1978
3s
*.
104%
105%
Rochester
105(4
106
San
103%
4%%
104%
-
Transmission Ss—1963>
Tenn Gas
100% *101%
4.90%
Tenn
West Penn Elec 3 %s__—
1974
102%
102%
-
51%.'
33%
34
104
107%
104%
ild%
105
112
107
106
- *
Gas St Elec—
Diego
'
Public Serv of Indiana 3s—1979
100"
Lgt 4%% pfd__100
$4.75 preferred series G
Power
•
-
(Colorado) 4.40%—100
Pub Serv of Okla 4.65% pfd_100
101(4
——l———-I
Util 5%% pfd_30*
105
5!
pfd—50
Ser
Pub
103%
100
3.90c
Elec ft Gas—
State
Y
4%%
-
(Minn)
North States Pow (Wise)
Ohio
55(4
54%
Light—
preferred
Iowa Southern
-
Penn
States Power
Northern
Power ft
Hartford
4.28%
Kentucky & W Va Pow
Pow $2.20 pfd—•-
&
Delaware
3s_1979
mortgage 2%s
103%
100
preferred
•>
7%
30%
St Paul Fire & Marine
Gas
ft
10U
20:
21%'
20%
Edison—
preferred
.
„
preferred
Gas
108
108
Elec—
-
100- 106
107%
Transmission—
$4.65-preferred
100
103fty 104%*
Seaboard
b Big yield price; "d Deferred delivery-sales (not
year's range); e Ex-interest, f Flat price,
k Admitted to listing on N. Y. Stock Ex¬
Admlfcted;to-trading N. Y. CuTb. r Cash sales (not" included'fir year's range): tEx-liquidating dividend. (Uh) Admitted to'Unlisted Trading privileges, wd When delivered, wi When
issued; x Ex-dividend. y-Ex-rights.
z Ex-stock dividend.
.....
< .
■
a
Odd lot sale-(not included In year's range).
Included
-0"
37%
38%
Travelers
U
S
Fidelity & Guaranty Co—2
57%
59 %
Hanover Fire
-10
33%
35%
U
S
Fire
4
65%
-10
105 %
108%
Hertford SteamboUer-
.10
n
68%
Hertford Fire
in
change.
86
39
64
20
'
5%
Surety
Security (New Haven)
Springfield Fire & Marine
Corp
(Texas).
33%
31%
12%
Bank
United States Natl
Sta ten Island
ace
20
Bank—
National
First
69
Republic
290
4
,
Central Hudson Gas ft Elec—
19%
-10
98%
37
Providence-Washington
290
Portland
241
Recent Security
28 %
109
123
Indemnity Co
Peerless Casualty Co
88%
635
,35%
53%
N
York
68%
-10
37
8(4
*
'
.,s" iVJ
Bahk-ft Ttust
43%
58%
5
Amsterdam Casualty
34
„
Trust—100x270"
Peoples- First National
9
101
63%
Mellon Natl Bank &
1^520
r
,
Deposit Natl Bank—100
Farmers
30%.
31
(Detroit)—10
New
64%
87
Bonda—
Kansas Power
61%
-
305
4 'r:
".
1034
•
-
Bank of Detroit
Pittsburgh'.
■
,
235
44%
25
'/I
Detroit
45%
52
23%
..5
.4
National Casualty
National Fire
J ■■ 32
90%
52
15%
22
18
28
-•
2^0
Ask
49
.10
preferred.
preferred -5
Prior
26
-
100
National
i9
43 %
34
16%
Convertible
Massachusetts Bonding
Merchant Fire Assurance
20
Bank
31
87 %
25
-
120(4
48
20
580
■
Trust Co
97
:
27 (4
.100x1,470
._25
41%
United States Trust
8
320
560
National
%
Cleveland
16% ;17%
10
Title Guarantee St Trust——12
10
305
-100
Co
National City Bank
94
17 %
7.85
Companies
of North America
Central
35 v.
29%
6.79
North Amer Trust Shares-
190
.56
54
10
.
Bank.
National
183
'1
Cleveland
10%
33
10
2.50
15.57
51
.
9%
16*
50
Bank St Trust
Federation
._100
Savings- -100
&
Trust
Northern
,44%
87.'
84%
; >•»
Fiduciary Trust
22.81
49 V
i_20
Co
Trust
Harris
Trust. .33%
St
Bank
National
First
»
Commercial National Bank St
Stamped
Corn Exchange Bank St Trust_20
Bank
National
37%*
42%
205
195
Continental Illinois
Continental Bank St Trust—
6.94
•
City Natl Bank & Trust— ._10Q
y
98-
95
35%
15
10
Bank
National
143
135
Central Hanover Bank St Trust 20
Chase
26(4
341
43(4 "*'45(4
10
100
Brooklyn Trust
10.09
Fund
24%
326
100
Ask
Bid
Par
York
New
Si Fifth Avenue—
Bankers
Companies
Chicago
10.05
72%
American
0.98%
1950—
Ask
Bid
York
New
Trust
18.54
1
Corp.
10
Greet
0.96%
bl.04
19,
bl.04
1949
Chemical
5.88
Union Preferred Stock Fund—1
Union Common Stock Fund
50.01
10.36
25c
Series B
-10
Falls-
0.96%
bl.04
Jan.
Dec.
25, 1949
8.89
B
~
0.95%
bl.04
0.90%
19491949_
1949_
5, 1950_—
12, 1950-
Far
1
^und Inc
Industry Shares
Union Bond Fund series A
-10
General Reinsurance Corp.
003%
bl.04
Dec.
Jan.
2.42
4.81
(Geo)
—5
Firemen's of Newark
bl.04
29,
0.85%
0.85%
17, 1949
16.13
4.46
Connecticut General Life-
■i
22,
bl.G4
—
15
& Trading.
Petroleum
10
FIdeUty ft Deposit of Md
Fire Asen of Phila
Fireman's Fund of Frisco
15,
0.93%
12.01
2.58
New
t
0.93%
bl.04
-
bl.04
1949
1,
bl.04
8, 1949-
Dec.
bl.04
1949—
3,
Nov. 10,
Ask
Bid
Dec.
0.80%
bl.04
1949—..
27,
Bills:
Ask
Bid
<
8.67
Merchants Se Mfrs
i
1.15%
8.14
10.96
1
1
$1.05
-10
bl.30
bl.25"
9.25
61%
1-50
3-50
.16.66
Home
-10
6-
1-
1
$2.10
Employees Group Assoc..
rers
Reinsurance—
1-49
1-49
1
Casualty
Continental Casualty
Cram St Forster Inc
9-
4f-
Pacific Coast Invest Fund
7.73
1
1.10%
bl.25
1.55%
Metals
7.23
American Automobile
—
1-50
1.35 %
12-
2-49
10.79
12.00
7.94
American Alliance
Fire
5-
5-
7.58
6.63'
Maryland Casualty common. -1
New common
4-
1-49
1.35%;
1.60%
Merchandising
7.75"-
Jersey Insurance of N Y
Camden
1,15%
3-
1-49
1.10%
17.46
(4
1.15%
1-49
8-
1.10%
bl.25.
1
66
1.15%
bl.30
67*
J)l.25.
1-49
1
1
96
bl.30
bl.30
1.55%
1-49
1-49
1-49
3-
Wall Street Investing
-10
1-50
3-50
2-
11.49
9.85
——
& Shippers.
Ask
1.15%.
2-49
1.55%
12-
4-
1.55%
5.04'
6.11
Aetna Life
Bankers
Bid
1-50
5-
1.55%
1.10%
11-
11-
9.81
6.08
Par
Boston
.0563
.0503
bl.25
Dae
Dated
Rate
Ask;
Bid
t
bl.25
1-49
United Income Fund Shares
.29
.1331
100.0386
100.0317
1950
1950.
1,
.1053
100.1195
1950.
15,
Sifts Oct.
1-49
2-
1.56%
Wellington Fund
25
1.
.1166
4.14
10.48
Industry
Insur Co
American Surety
Automobile
Julv
tl%s
.0845
100.0878
100.1046
Federal Intermediate Credit Bank Debentures
Rate
1
Diversified Investment Pund-1
Diversified preferred stock—1
Electrical equipment—;
1
Insurance stock
1
Machinery
1
Surety
Assur
100.0739
1950
Sifts June 1, 1950.
100.0484
14.07
& Casualty_B
American of Newark
2%
American Re-Insurance
lo
1, 1950.
1,
.1496
Bid
Indebtedness—
0fi85
100.0603
tl%s Apr.
100.1409
-1%%
{April l, 1950.
28.65
American Fidelity
1950.
1.
11.42
Diversified
Ask
of lndebt (cont)-
11.56
7.22'
Bid
MaturityCertificates
1.50%
England Fund
York Stocks Inc—
Aetna Insurance
American Equitable
100-11
U%s Feb.
Certificates of
1
1
1
15.34
Insurance
American
100.8
1957-1955
Price
Ask
Treasury Notes—
Sterling National
Agricultural
1,
6.45
1
1
beneficial
of
Dollar
Bid
Iat. Rate
Maturity-—
Public Nat'l Bank St Trust-17% >42 (4
&
Oct.
U. S. Certificates of indebtedness
National City Bank—_
New York Trust
Casualty
102.22
1%S
14.46
Investors Trust—
Investors
.1961
Canal 3s
Panama
Morgan
Aetna
100.10
102.14
119%
7.63
New
5.19
Investing Company
Low Priced shares
6.96
Speculative Series
6.18
Institutional bond
4.05
Bond
4.73
14.00
6.10
15.66
48.56
4.80
Chemical
3.67
Investors
5.48
100.2
1, 1955-1953
3.23
Security Series-
5.64
Building shares..
4.81
National
30%
1, 1953-1951
Feb.
4.08
4.36
National
lc
Fundamental Investors Inc
2
Fundamental Trust shares A_2
Gas Industries
Fund Inc
1
General Capital Corp.
1
General Investors Trust
1
Group Securities—
Agricultural shares
le
Automobile shares
lo
Aviation shares
lo
stock series.
Common
3.70
2.93
shares
Petroleum
1.58
1.96'
l%s Jan.
Other Issuet
lc
shares
Paper
14.80
27.30'
Ask
99.30
3.75
Nation-Wide Securities—
3.95
Bid
99.24
1952-1950
1,
2 (4 s
100.4
118%
May
3.47
Industries
Mutual Invest Fund Inc
18.91
l%s
100.2
100.2
1950
15,
100.4
100
1950
15,
3.40
Mutual
27.74
Sept.
3.14
14.98
5.57
13.44
1.43
Feb
1.35s
sbares-lc
Mass
6.05
I.25s
Federal Land Bank Bonds—
Ark
100.2
1950
20,
shares—lc
37.46
134
l%s Jan.
Bid
Banks—
Loan
Furnishings shares—lc
Non-Ferrous Metals
lc
General
Home
Mass
139
Home
3.67
4.09
Federal
3.71
19.22
Howard-
Equity Fund Inc
3.33
16.96
25e
Fund'
Equipment shares.lc
8.39
34.84
—100
Commonwealth Investment
1
Delaware Fund
1
Balanced
3.39
Electrical Equipment
Ctfs
Preferred
Stock Fund
48.31
307
lc
Steel shares
lc
Manhattan Bond Fund Inc—10o
—1
13.85
680
com-—100 3,500
3,
Dividend Shares
47.34
17.54
8
1
99.05
lc
8.38
10c
1
Trust
Securities
97.07
15.67
1
Bowling Green Fund Inc
Broad Street Invest Corp
Bullock Fund Ltd
Century Shares
Chemical Fund
5%
4%
—
—
Boston Fund Inc
Christiana
15.27
Corp
Tr of
Bond Inv
7.74
X14.05
Axe-Houghton Fund Inc.
Axe-Hough ton Fund B—.
2.52
Managed Funds—
shares
represent one or more 82nds of a point
Figures after decimal point
Ask
2.37
Lexington Trust Fund
25c
Loomis SayJes Mutual Fund—*
Lnomis Sayles Second Fund—10
Business
A
series
Bid
Par
Mutual Funds—
Automobile
Standard Oilstocks
Associated
Baton St
34%
33 %
Holding Corp
—10
Business Shares
1
American
Shares
4.15
3.84
1%
Affiliated Fund Inc
5.64
5,13
1
Aeronautical Securltle*
Ask
Bid
U S
Guarantee
Westchester Fire
100
10
*
790
815
*No
79
22%
24
par
T1949
tin default. {These bonds are subject to
adjusted (50% stock div. paid on Aug. 31).
value,
range
all Federal taxes.
Volume 170
Number 4849
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1633)
THE COURSE OF BANK CLEARINGS
Bank
clearings this week will
Preliminary figures, compiled by
show
a
based
us#
is
Week Ended Oct. 15
comparedwith
a,
year
1949
Pennsylvania—Altoona
this
?
center
"loss for-the week ended
a
Friday of 3,4%..
summary for the week fellows:
Phlladelphia
Reading
t*,
Week Ended Oct. 22
1949
1948
$7,242,429,341
%
Chicago-.
740,575,469
1,054,000,000
—
247,019,745
Francisco.
526,899,416,
335,440,936
—26.4
301,900,000'
City_
6t. Louis——.
321,000,000 <
—
6JO
358,022,000
—
335,981,950
1,1
346,427,7804
Total, (7
—14,8
372,784,997
v
256,745,686
—
239,688,873
2,621,626.386
7.1
—
2.9
Total all cities,- livodays—.
$13,974,097,399' $ 14,694,776,465i
-V*.
All nlties; one day.
Total aU cities for week.
//I: Complete and/
; 644,309,626
859,468,480'-
—250)
$14;618r407,025'$15,554,244,945j
We cannot' furnish them todays
inasmuch
[■'
Accordingly, in the above the last-day of the week in all
the elaborate detailed
;
we
Oct. 15.
For that week there
was a
same
week in 1948.
;
clearings at this center having recorded
ing to the Federal Reserve Districts in which they
t of
a
gain of 3.4%.
located
are
and fromi this, it
a.
the St. Louis Reserve District of 4.6% and the
MinneapoIis Reserve District of 15.9%;
8.3%> in the Dallas Reserve
^District 5.3% and in the San Francisco Reserve District 8.1%.
;
,/
v
,
//..*,.••/'■/;-S;'
f
^
;
In the following we furnish a summary by Federal Reserve Districts:
//
summary
of
bank
clearings-
•'//•' /v+V
1949V"
Federal Reserve Districts
1st Boston—
.12;-
«
Ird; Philadelphia"
4th
-.U
.\V;:; /v-' "
—-—.
7th Chicago
—
6,140,415,130
—
890,754,594
861,476,822
'
VKU,
708,659,634
8th
Minneapolis,
Kansas,'City.
11th
Dallas
.
■
—
„I
7
.10.
.
12th San Francisco—
Total"
4
8.
.10-
•";
We
2,7-
592,619,635
6,629,086,89.7*
3.4
+■
456,791,442
636,650,275
687,270,859
434,387,280
931,656,033
1,010,264,592
522,681,914
/
-
547,897,004
7.4.
475,216,917
662,612,481
/
7.8
1,014,079,998
541,159,124
473,701,905
1,013,182,609)
It.
371,442,456
441,720,609
—15.9
463,026,747
505,100,471
—
289,433,457
99
305,596,570
—1
442,198,771
384,238,702
8.3+
511,395,059
413,587,465
5.3'
299,564,765
;
94
_~_"
'
•
*
-
Iowa—Cedar Rapids
Des Moines—
Sioux City—
.99
/
693,639,005
754,621,317
12,399,657,070
13,027,178,228
6,685,753,990
.
7,138,389,187
8.1.
'irr
4.8;
755,141,339
>
761,186,352
13,446,356,846
15,153,720,331
7,082,738,616
7,154,091,372
6.3-'
—
+
add
detailed statement showing the figures for each,
city for the
week ended Oct. 15 for four
years:
now
our
,
Week Ended Oct. 15
,/;////''//I//'
i;
Clearings at—
;
1948
1949
Inc.
or-
1947
Maine—Bangor
•
Chicago
^
Decatur.
Peoria-
H
New Bedford
2,079,835
*
908,651
1,965,235
8,287,805
Worcester;
5,707,044
Connecticut/—Hartford.
,
/
4.—
Rhode island—Providence.
New Hampshire—Manchester^
Reserve Diitrht—Nrw
iw
—
7,933,959
'
5,724,982
/
21,671,751
,r:
11,124,979
23,105,500
1,403,676
-
1,793,897
476,550,468
York—Albany—.y.—;
816,634
24,222,900
■
Total (12 cities).
■
487,295,236
—
Louis
46,432,513
26,722,068
3,206,150
73,881,579
82,258,253
Elmira—u_:
1,906,574
2,088,056
5,713^03,080
1,537,778
:
2,213,694
5,888,789,041
Rochester——-.
19,498(380
19,846,631
Syracuse
13,324,798
12,578,788
10,169,036
10,182,218
New Jersey—Montclalr.
Newark
Northern New Jersey-
Total (12 cities).
716,589
748.200
38,447,185
43,851,651
48,367,711
6,140,415,130
3,823,120
72,-428,545
97,431,655
6,722,389
3.5
—
112,760,398
'4/793,347"
7.0
7.0
+
—12.0
—15.2
117,860,487
687,270,869
7.4
662,612,481
1;490,142
11,722,444
-
'
665,018 "
5.9
—15,2
2,574,350
11,336,017
—
v
+
+
—
11.2U
•
Total (4
+
7.4
5,341,390
5,741,174
—25.3
7,090,667)
54,419,000
6,114,703
51,207,000
6,115,331
55,126,000
2,988,541
1/095,380'
736/094,934
5,251,492
4,421,855
1,010,264,592
9.7
—
t
,
9,029,236
5,606,830
5,267,674
~
255,900,000
126,085,933
4.5
0.3
57,646,558
4;602>689
32,990,003
14,503,143
3,464,981
22,952,536
+-32.1-
+•28,7
10,477,840
1; 128,005
1,458,621
786,561,187
7,254,707
12,957,378
5,390,648
4,912,784
813,471,569
8,579,811
2,937,829
78
1,014,079,998
41,013,182,609
5.3:
270,400,000
121,196,522
147,405,669
2,156,933
238,700,000
119,353,474
113,237,006
2,411,425
541,159,124
473,701,905
—11.4+ 12.8—
—
—
—
5.2-
3.0
8.7-
4,938.300
5,112,439
2,035,206
547,897,004
141,415,857
—
—10.8
+
3.2
—
0.5
—
4.6
•
District—Minneapolis-
,1
•
6,186,145
258832!497
•
;
Dakota—Fargo
South Dakota—Aberdeen
8,331,799
316,570,901
81,111,235
88,501,873
7,592,861
3,990,194
Minneapolis
St. Paul
North
270,100,000
8,650,555
7,622,619
316,899,268
8.4
90,845,383
—12.2
6,979,125
270,407,363
82,628,724
8,226,678.
7,069,866
3,974,145
3,060,428
2.4
4,680,894
10,734,358
4,020,209
—14.5
9,949,784
10,072,987
441,720,609
—15.9
442,198,771
384,23$,702
4,003,683
4,927,440
9,181,768
371,442,456
Total (7 cities)
—18.4
—
0.3
5,047,756
Helena
—25.8
—
+
Tenth Federal Reserve
District—Kansas City-
Nebraska—Fremont
Hastings
659,336
506,869
+ 30.1
♦475,000
560,486
—15.3
545,847
6,793,066
Lincoln
474,927
7,251,663
6.3
7,184,735
132,159,637
6,3?3,030
.
St. Joseph
Colorado—Colorado
Springs—
331,539,678
463,026,747
-
Missouri—Kansas City
121,458,995
6,737,810
11,530,562
298,881,110
11/648,'784
2,612,885,
2,229,199
505,100,471
128,760,636
8,270,974
12,363,564
10,957,543
2,541,363
2,339,695
—
—
5.7
—18.6,
—
—
6.7
9.8.
515,568
382,961
117,939,409
6,610,010
12,488,791
5,180,025
336,825,704!
11,370,152
263,936,437
+
6.3.
+
2.8
1,875,410
4.7
8,579,095
1,819,205
7,345,149
+
4.8.
—
7,507,045
8,918,269
-
5,678,640
6,106,780
/
23,149,283
/
11,083,774,
24,921,300
.
30,412,600
1,512,648
1,351,864
520,942/248
2.2
cities)
+ 73.8
—
7.3
—10.2
+ 24.0
—
—
—
+
—
—
5.7,
.>
Texas—Austin—
7,607,564
Wichita Falls.
34,908,503
3,065,587.
2,646,590
80,237,878
87,456,774
1,946,355/
1,969,216
.
2,185,580
3.0
6,363,618,230
7,999,628,959
1.8
19,345,773
21,079,669
5.9
12,876,096
289,433,457
10,432,169
10,076,482
4.2
819,904
792,122
41,925,227
46,371,839
0.2
53,238,563
53,331,700
2.7
6,629,686,897
511,395,059 "
413,587,465
6,320,665
245,317,000
27,919,485
101,580,904
4,039,767
152,574,934
—
Oregon—Portland
Utah—Salt Lake City:
0.7
-15.4
3,384,242
10,050,373
5.3
299,564,765
179/229,447
6,261,000.
'
305,596,570
102,711,876
4,304,446
155,194,446
51,079,030,
California—Long Beach
13,949,258*
Pasadena
62,287,787
11,441,259
10,831,535
San Jose^
8,207,842
336,246,045
San Francisco.
-
—
5.2
5.2
8,2
384,272,887
12,962,796
12,488,340
—
—
—
1.1
110,213,372
4,651,435
152,074,072
1.7,
—18.0,
+ 21.9
+ 32.0
—12.5—
3.7
3,548,758
4,408,140
—19.5
Stockton
7,300,434
8,829,838
—17.3
Total (10 cities).
Grand Total
693,639,005
(111 cities)
Outside New York
•Estimated.
included
tNot available.
in
6,573,000.
6.1
Santa Barbara
tNot
8,273,287,641
4,116,754
10,63.1,163
7,457,328
126,148,000
26,835,394
5,816,000
3,414,398
9,558,327
-
-
District—Sam Fraselsse—
12,840,207
0.1
Yakima,
27,450,347
4,147,502
8,991,707
Louisiana—Shreveport
Washington—Seattle
39,725,796
249,797,800
26,024,697
5.748,000
Total (6 cities)/
'—12.3
—
8.3
3.7
—
7,339,506
236,913,987
Dallas___—
Galveston-
592,619^35
.2,455,319
1,744,381
1,672,051
Eleventh Federal Reserve
District—Dallas—
Fort Worth
9,757,199
—21.8
(10
—
2,475,192
24,016,358:
6.8
■
61,090,663
2.5,
,.+ 16.7
134,345,941
522,681,914
cities)
Minnesota—Duluth
937,875
v
i
+- 5.0?
—
4,526,838
12/357,532
6.9
+
60,425,220^
28,248,951
13,574,092
5.2
—
7,025,749
4,040,679
'
i
1,371,211
4.2
5,791,076
i
2,025,968
Ninth Federal Reserve
Total
2,513,022'
v
+12.1
—
822,020
6.2'
702,106,415
+
2,104,941
48,480,658
5,971,709,101
108,40.4,493
138,670,013
:
Twelfth Federal Reserve
2,972,600
;
1.0
+
—
15,617,064v
65,682,214
264,000,000
4,893,873
3,848,754
78,885,067
1097772,571
5,862,808
427,592
153,118,472
266,900,000
Eighth Federal Reserve
D/strict—St. Loniv—
Missouri—St.
500,197,629
2,072,818
York
Yeck—
Jamestown-
Connecticut—Stamford;
4,322,519
435,633,908
*
New Yorki
- v.
.
3.41
—
*
4,559,660'
+~ 7.7*'
—
:
;•
1,558,909
475,216,917
16,539,681*
75,448,239'
*—12.0"
5,"398;963
47302,623
931,656,033
Kansas—Topeka
■
1,947,630
*+? 0A<
'
Buffalo
$
1.0
+
2,095,486
24,289,505
10,371,036
1,764,706
404,902,958
2,239,055
■
Springfield
Blnghamton
Dec.
4,280,549
391,083,935
.
New
v
229,866.694
71,484,698
434,387,280
—10:0
69,429,880"
5,093,146
Total (17
cities)—
Wichita^
*.
4,298,257
FaU River—
Second Federal
$
"
4,036,946
I"
'
Portland---
New Haven
$
1,783,289
Massachusetts—Boston
*
■
2.9
2,729,509
83,662,9691
19,1977613" —12.4'
80/981/336
1,409,948
696,673,026
5,106,207
12,293,458
Omaha
First Federal Reserve District—Bos tea—
-
1946
1.5.
9.7
—
278,0007000
15,845,140
/»*
Montana—Billings
.112 cities
—.
9.0.
+
+
.
456,791,442
37,328,793
i
Illinois—Bloomington
J
179,229,447
+.
204,232,851
80,572,561
7,513,787
2.698.550
63,111,535
3.940.551
702,106,415
4.6
—
—
c
7,628,592
566,955
1,264,235
12,215,8411
6,217,898
5,299,972
51,607,000
j..
Kentucky—Louisville
839,496,696
1.9-
—15.6^;
3,602,098
*
480,915
Tennessee—Memphis
Illinois—Quinc.y
796,744,000
2.9
—
■—*"■
■
11,897/000
155,917,340
3,321,676
13,217,900
152,090,221
.
South Bend!
Terre Haute
1,045,866,547
•
3,120,822'
12,184,000'
136,762^76;
3.583,261
195,083952)
6,770,530
289,271,852
Reserve^ District—Chicago—
8,^73,287,641
838,444,884'
—14.5
828,728,176
443,443,386
Outside New York Clty_
*
520,942,248
—22.4
3,070,701
,
1946 +'■■""
;-y
2.2-;
90...
!%—__— .17
10th
f:
6
V
•
M
.10"
;
8th St. Louis——
""■'v.''
487,295,236
5,971,709,101
.11
.
—!
1947-;
Dec. %
./■!>.
476,560,468
.
8th Richmond
Inc. or
i<
Cleveland—,.—, 7
8th Atlanta
-
$
.12 cities
——
Snd New York—
1948
839,496,696
'
Rockford
r
>
:
Week Ended Oct. 15—
796,744,000
636,650,275*
Springfield
•/:'
:
—14.5
106,114.324
Orleans
Wisconsin—Milwaukee.
falling off; of 7.8%v,
is
—HZ
I
Grand Rapids.
*
smaller by 14.5%, in the Richmond Reserve District,by 2.9% and/in the Atlanta
/Reserve District by, 7.4%. The Chicago Reserve District records a
decrease
828,728,176
72,877,254
"245,300,0004
5,451,700"
i
*4,000,000 "
74,309,898
104,580,642
6,713,864
LansingIndiana—Fort Wayne--—
Indianapolis
In the Cleveland Reserve District the totals
In. the Kansas City Reserve District the
—13.3
7.6
—
Michigan—Ann Arbor
.
loss
are
-
1.3
+
283.460,615
16,821,678"
2
"~
Seventh Federal
'
?
_
Total (10cities).
2.7% and in the Boston Reserve District of 2.2%, but in the Philadelphia Reserve
'District the totals show
•
.
6.3%, the* bank
in the New York District (including this city): the totals show
appears that
7,091,170
179,398,921
325,632,687
27.782,800
3,548,736
District—Atlanta—
Augusta
Macool
Louisiana—New
*
*
7,061,698
169,836,766
318,551,639"
31,414;200
4,396,246
6,332,534
.259,150,917
—17.6
—19.0
443.443,386
Mississippi—Vicksburg-II-l-I—I
loss of 3.0%.; We group the cities accord*
a
•
—14.7
—13.9
318,538,180"
34,928,"900
7,323,336
3,925,674
Mobile
the'week
decrease of .4.8%, the aggregated clear¬
Outside of. this city, there was a loss of
1,045,866,547
4/211; 4 33
207,344,199
88,413,809
"
Alabama—Birmingham
ings for the whole country having amounted to $12,399,657,070 against $13,027,178,228
•/in the
(6' cities)
Florida—Jacksonville
present further below
—
838,444,884'
7,856,205
2,386,207
Nashville*..;
has to be estimated.»
cases
we
able to give final* and complete: results of the week previous
are
ending
:
statement; however,*; which
7,269,888
9,814,178
3.4
+
175,409,507
12,967,000128,406,497
i
Georgia—Atlanta...
*.ends Saturday and*the Saturday/figures are*not'available at time of going to press.
,
861,476,822
+ 19.2
District—Rlehmaad
Tennessee^-Knoxville
the week"
as
0.1
—
708,659,634
Sixth Federal
Reserve
exact; details, forr the week covered by the foregoingr will appear?
in bur issue of' next week.:
8,436,764
10,447,955
3.198,066
5,322,270
2,772,377
4,656,813
245,670,067
Virginia^—Huntington
Total
6.0
—
5.8
+
—12.0
5,930,496
Carolina*—Charleston!
Maryland—Baltimore
21
District Of
Columbia—Washington
4.9
—
2,611,263'
1,005,000,000
3,891,676
21
Richmond;
-
South
f
"
—
Virginia—Norfolk
2/997,182,620+ —12.5
-<
2.2
1,681,430
1,279,566
1,132,077
3,739,882
J
Fifth Federal
Reserve
+
$11,352,471,013- $11,697,593.845V
-
3.4
+
—
4,669,705
6,703,054
151,088,991
260,004,150
35,371,200
cities)
9.9
West"
cities# five days.
Other cities, live days.
—IIIII
Youngstown
Pennsylvania—Pittsburgh"
'
295,137,903;
Cleveland
Baltimore
6.6
—14,0
5,065,759
890,754,594
1,046.797
950,262
1,064*176
2,861,030
799,000,000
3,415.9265,652,406
2,479,340■4,663,684
8,391,189
8,920,074
3,3
—
3,393(482.
12,457,411
L2
352,902,000
Pittsburgh-
Ten
>
Cleveland^,
Columbus.
Mansfield^
0,6
532,778,919i.
♦,
1946
$
+ 17.6
—
820,000,000
8,426,102"
Jersey—Trenton
Ohio—Canton
Cincinnati—
+14:T
—
1947
Fourth Federal
Reserve District—Cleveland—
3.4
—
649.117,051
1,047,000,000
Philadelphia-
Ban
$7,494,212,792
or
—10.4
1,098,214'
3,507,633
2,762,804
Delaware—Wilmington
New
1,159,551
4,578,558
Total (11 cities).
New York
Kansas
.
York
i r..
'
Boston
'"1 '
Wllkes-Barreu
Clearings—Returns by Telegraph
'1
_I
Scranton
Our. comparative.,
N
Inc.
Dec. %
1,086,416
l;061;66a
3,277,896"
848,000,000
2,918,9594,955,015
Lancaster
last'year. Gurpreliminary
$14,618,407,025 against $15,554,244,945 for the same week in 1948. At'-
there i&
1,039,018
1,277>63
Bethlehem
Chester-
cities of the country* indicate that for the week ended
Saturday, Oct/22; clearings;
for all-cities of the United States from which
it is possible to obtain
weekly clear¬
ings will be 6.0% below those of the corresponding week
total stands- at
$
Third Federal
Reserve District—Philadelphia—
ago.
telegraphic advices from the chief
upon
1948
$>
decrease
45
totals.
-
12,399,657,070
6,685,753,990
.
754,621,317
13,027,178,228
7,138,389,187
—
57,495,367
9,764,437
7,780,741-
388.516,050
11,857,219"
3,863,4548,925,192
107,566,764
5,456,062
115,408,191
52,427,140
12,870,122
8,930,092
430,889,208
14,988,264
4,151,108
8,499,401*
8.1
755,141,339
761,186,352
4.8
13.446.356,846
15,153,720,331
6.3
7,082,738,616
7,154,091,372
Monday, October 24, 1949
(1634)
46
PARTIAL REDEMPTION
Foreign Exchange Rates
oct. 14,
Buying Rate for
Noon
Unit
Country and Monetary
Basic
"A"
"B"
Preferential
Preferential
——
—
—.—•—-—
.206949*
.206949*
.206949*
.174562*
.174562*
.174562*
.138958*
.136056*
Free—
Mexico, peso.
;
.054406
.054406
.900090
.909090
'.909090
.909090
.905625
.905937
.905625
.905625
.208000*
.208000*
.208000*
.020060
.144938*
'.144938*
.002862*
002862*
.002862*
.208200*
.208200*
.208200*
.115713
(.115717',
v208200*
—.—
2.773102
.2.772999'.
Closed
...
Btraits
—
—
*—
*
5 *
.497340
.034325
.034800
.034825
.326125
.326125
.193291*
.193309*
.193335*
Closed
2.783750
2.800937
2.783750
/V;
2.800820
'
,V
.f,
• •
;*•
-V-...
1
/.
;
•"
'
'
••
••
—
r
<v
v
*«
#;.■).</'
-r
'if,-'\,V
f'
••
.
1
Nov
Jan
,r
Uruguay, peso
••Temporarily omitted.
rate.
increased $21,000,000. "Other
: j.
Real estate loans
12 Federal
Banks Combined
Statement of Condition of the
Reserve
15
(--) since
crease
notes
'f
:V:
23,324,983
'
+
121,877
+
13,144
+
5
Govt, securities:
Bills
167,112
—
—
—
298,100
Notes
Bonds
7,538,200
—
17,665,624
17,665,624
17,788,452
securities-
Total U. S, Govt,
—5,525,884
113,000
—
—
603,500
—2,594,197
—
—5,693,174s
99,851
F.
35
banks™,—
of other banks—.
from foreign
R.
Notes
items
Uncollected
Bank
Other
—
11,605
+
—
+
407,753
+
171
119,397
+
5,669
44,681,056
+
306,507
—
assets
Total
:■
32,999
——
:
—
-
22,696
695
—
63,311
—5,282,666
•
v
Federal
23,268,708
notes
Reserve
—
93,275
bank—reserve
Member
U.
Treasurer
S.
—
566,458
Other liab.,
U.
772,648
—3,504,949
S.
17,795
+
S.
U.
securities
108,083
items—
+
2,663,699
incl. accrued divs,
11,914
—
100,146
2,994
—5,365,421
302,307
+
43,808,338
—
439
—
132
730
658
or
S.
U.
Government
securities—Total
bills
,__i
Treasury certificates of
Treasury notes
U.
bonds—L-.
S.
Other securities
—
48
186
;
;
Treasury
28
—
442
4,233
165
4,206
37,300
—
obligations—.
—
—
Capital paid in
Surplus (Section 7)
Surplus (Section 13b)_;
Other capital accounts
466,711
7,140
+
207,125
...
18,522
Cash
+
4,108
44,681,056
+
306,507
'
2.716 '
indebtedness—'
7,276
1,125
26,183
5,032
serves,
+
+
+
+
—
—
—
+
—
4
3
21
10
27.
48
1
14
3
66
24
34
—
45
+
57,093J
244
+
—
5
—5,282,666
certificate freto deposit and F. R.
0.1%
+
7.8%
+
Time
trial
to
make
loans
—
1,884
—
427
1,969
+
deposits adjusted
to
+
4,278
+
1.018
+
271
66
11
5%
2,820
U.
S.
Govt,
8
592
—
1,032
+
654
+
2,577
43
—
$1.20
the
shows
ended Oct.
Federal
following
weekly reporting member
System, in leading cities
310
3
359
143
992
1,368
:i2
57
>16
174
principal
changes
for
the
except
accounts,
decreases of $271,000,000 in reserve balances with Federal
Reserve
Banks
ernment
$143,000,000 in United States Gov¬
deposits.
Commercial,
creased
at all
were
cago,
m
and
industrial,
and
agricultural
nearly all districts and
a
loans
*
in¬
total of $132,000,000
reporting member banks; the principal increases
$40,000,000 in New York City, $28,000,000 in Chi¬
and
$11,000,000
each in the St. Louis and Dallas
districts. Loans for purchasing or
carrying United States
CJovernment and other securities decreased $83,000,000.
Below will be found
a
list of corporate bonds,
notes,
ing tenders, and the page number gives the location in
the current volume (except where indicated) in which
the details were given in the "Chronicle."
4(4%
Beaton
Associates.
40-vr.
Inc.,
common
stock
-
;
Co.—
guaranteed
gold trust ctfs., series E, due
Republic Petroleum Co., capital stock
10-15
10-15
9-30
12-30
12-10
1952_Oct 31
Nov
8
•
*
1302
$1
11-23
11-
9
30c
11-15
11-
1
12- 1
11-10
—
12'4c
11-
1
10-24
11-
,
62 (4 c
1
10-24
10-24
10-23
50c
25c
12-
12-15
$1.25
1-3-50
1
12-15
20c
12-
1
11-
7
27 (4 c
12-
1
11-
7
621/2 c
12-
1
11-
7
40c
30c
—
,
11-28
12-15
11-28
$2
12-12
11-14
$1
(quar.)
(Conn.)—
12-15
12-12
11-14
11-
10-20
1
(quar.)
30c
20c
10-29
10-21
$1.12%
10-31
10-20
$1.12%
10-31
10-20
50c
10-24
10-18
25c
11-
1
10-24
$1.18%
12-
1
11-15
Cadwell
&
Inc.—
Mfg.—
Shoe Corp., common
(A. S.)
(quar.)
11-
11-15
30c
1
12 %c
12-
1
11-15
$1.06(4
preferred (quar.)
12-
1
11-15
50c
11-
1
10-20
11115
10-31
11-15
15c
11-22
15c
12-
1
$1 50
preferred (accum.)
25c
Buckeye Steel Castings, common (quar.)
$1.50
6%
preferred (quar.)
—
50c
Byron Jackson Co. (quar.)
15c
California Electric Power Co. (quar.)
132 (4c
Canada Cement Co., Ltd., $1.30 pref. (quar.)
t$1.12'/2
Canada Safeway, Ltd., 4(4% pfd. (quar.)
32-
1
25c
&
pfd. (quar.)
Ltd., class A—
Hedges, $2
(J.)
conv.
& Sons,
B
Ltd,
Blumenthal (Sidney)
Company (quar.)—.
Company, 6%
Brown
Carrier
Corporation
Capital Estates,
Inc.
Celtic
(s-a)
I
Knitting, Ltd.
Central
$2.50
(extra)—
(quar.)
preferred
preferred
ft
11-15
11-10
11-
1
10-24
11-
1
10-24
11-15
10-20
1
11-10
12-20
11-18
12-
1
11-14
12-
1
11-15
11-15
10-31
50c
11-10
10-20
125c
11-10
10-25
12-
20c
12-
1
11-
27 %c
12-
1
11-
7
62 %c
Louisiana
pfd. (quar.)
Foundry Co., 5%
Central
Extra
11-
12-
1
11-
7
7
$1.25
12-
1
11-
1
11-15
11-
1
11-15
11-
1
—
(quar.)
(quar.)
Central
*
;
Arizona( Light & Power—
Common
10-31
•*
30c
:
Caterpillar Tractor
$1.10
Page
1489
9-30
15c
$1.25
$5c
>
Date
Oct 24
4
t25c
NOTICES OF TENDER
Company and Issue—
11-30
& Company, 4'/2% pfd
preferred (series of 1947)_j__
Benson
preferred and common stocks called for redemption,
including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
Pennsylvania
Co.
Line
Bickle-Seagrave,
Air
-c*
preferred (quar.)
Belding Heminway Co. (quar.)
Bell & Howell Co., common (quar.)
Notices
11-
12-12
I15c
4%%
Redemption Calls and Sinking Fund
11-15
27 (4 P
—j,
Ayres (L. S.)
4>4%
week
5c
75c
quar.)_
Axe-Houghton Fund B,
Beck
10-20
Co.—
Nichols & Co., Inc.—
conv.
prior preferred
$1.20
302
54
11-
11-15
Refining Co.—
preferred
Coast
Austin,
*16,673
Reserve
12: An increase of $106,000,000 in loans, and
&
.
4
11-21
of America, Inc.—
(increased
conv.
Class
The condition statement of
11-15
1
5c
(quar.)—.
—™"
6% pfd. (quar.)..
& Machine Works—
Co.
Oil
Common
Bertram
banks of the
11-17
12-
87 (4 c
Company
Ashland
82
—
•Revised figure previous week 22,786
Condition Statement of Member Banks
10-17
12-10
—
(quar.)™———
common (quar.)——
$5 preferred (quar.)
—
Arizona Light & Power Co., com, (quar.)—_
$1.10 preferred (quar.)
—.
$2.50 preferred
(quar.).
4,215
—
1
Edison Co.,
Arizona
110
and
11-10
11-
75c
___
(quar.)
preferred (quar.)—;
Appleton
demand deposit accounts,
Interbank
(quar. )_—__>
Common
3
9,429
:
Foreign banks
during week
Indus¬
-
•+
+
2,655
Debits
3,243
—
46,283
15,273
S.
deposits, except Government
Government deposits
Interbank demand deposits:
5
70c
Atlantic Coast Line RR. Co
Borrowings
ances
Commitments
domestic banks
with
Domestic banks
56.7%
Contingent liability on accept¬
purchased for foreign
correspondents
11,961
804
2,272
Banks
Animal Trap
6
341
+
Liabilities-
Demand
combined
Reserve
11-10
12-
(quar.).
Co.
Anglo-Canadian Telephone
Class A (quar.)-
Atlantic
gold
liabilities
note
Federal
vault
Balances
U.
of
In
12- 5
——
(quar,)
—
preferred (quar,)—,™
——.
American President Lines, 5%
pfd. (quar.)_
American Ship Building Co.—————
American Water Works Co., Inc. (s-a)
s'
27,543
171,339
Total liabilities & cap. accts.
Ratio
with
Reserve
+
92
+
11-15
160c
Hide & Leather,
Iron
12-10
Furniture
American
194
—
—
Capital Accounts—
(quar.)
American Business Shares™—.
Can
10-24
$1.37(4
12 (4 c
.....X.
pfd.
American
10-31
11-11
—
(s-a)
$3.50 pfd.
American
11-15
—
Corp.
Airlines,
American
421
+
+
carrying:
:
-
Holding
Amerex
1,892
—
11-16
1
30c
Common
obligations
loans
loans
Other
5%
Amalgamated Sugar,
pur¬
—
Government
estate
Real
—4,489,633
42,289
438,310
17,864,017
.
+
12-
25c
-—
(quar.)
American
—
—
Holdert
When
Payable of Rec.
$50c
(s-a)
(quar.),™
$1.10
for purchasing
Other securities
120,712
+
Government
loans
Other
—1,213,479
114,713
—
for
Loans to banks
availability
Deferred
575,585
—
+
dealers
Cast Steel Co.
(A. S.) Company
Alpha Portland Cement
Aluminium, Ltd. (increased)
chasing or carrying:
234,502
.—
and
Aloe
4,093
839
777
+
Share
:
150c
Alloy
'
289,131
+
acct. 16,405,087,
316,887
acct.
,—...
deposits
Total
gen.
—;
Foreign
Other
—
brokers
130
106
107
/
Works, Ltd., $1 pfd.
Acme Glove
-/"'V'":"
13,566
loans
to
-f
+
and agricultural
Commercial, industrial,
Other
Deposits'.
23,875
24,186
Loans—gross
+
this week are:
Per
Name of Company
■
'
66,207
—
—
1"1
;V.,
The dividends announced
Inc. (+) or
Dec. (—) Since
Oct. 12,
Oct. 5,
Oct. 13,
1949
1949
1948
(In millions of dollars)
Investments—Total
Loans—net
Liabilities_
•
'.'v
and
Loans
Loans
•'
i■''
"
;
•
Assets—
119,258
+
i
Further details and rec¬
'■
declared.
7
"
.-
3,031,805
___
premises
assets
116,711
•
■.-■'."T
:
14
—
Due
member banks follows:
we
dividend payments in many cases are given
under the company name in our "General Corporation
and Investment News Department" in the week when
deposits decreased in nearly all of the districts. Demand
deposits credited to domestic banks increased $54,000,000.
A summary of the assets and liabilities of reporting
434,269
In the
grouped in two separate tables.
are
ord of past
districts; the net change at all reporting member banks
was a decrease of $3,000,000.
United States Government
178
—1,893,918
113,000
_
4,053,424
5,775,900
——^—
Certificates
—•
—
—
1340
this issue.
which have not yet been paid.
by smaller amounts in
and increased
1539
16
2
bring together all the dividends announced the
current week. Then we follow with a second table in
which we show the dividends previously announced, but
first
and $47,000,000 in the
New York City
499
—
11,512
1539
30
?
DIVIDENDS
Dividends
decreased $75,000,000 in
Cleveland District
most of the other
adjusted
deposits
Demand
+'- 615,591
30,352
__
266,674
advances—
Industrial loans
U. S.
82,407
—
;
1539
in the
City;
■
——
and
697,998
+
650
951
cash
Discounts
+
548,554
*
ctf. reserves-
Total gold
$ -•'
i"
R.
F.
for
■
31,002
—,
22,776,429
—
fund
Redemption
Other
$
$
certificates
Gold
1948, ^
1949
1949
Assets—
Oct. 20,
Oct. 12,
19,
1340
24
15
15
$30,000,000 in New
District and increased
the net decrease at all reporting member
$1,000,000. Holdings of Treasury certificates
of indebtedness decreased $74,000,000 in New York City
and increased by smaller amounts in most of the other
districts; there was a net decrease of $14,000,000 at all
reporting member banks.
Holdings of United States
Government bonds increased $66,000,000.
Holdings of
"other securities" decreased $24,000,000.
; ;
York
-
699
I
4%
•Announcement In
bills decreased $30,000,000
,
28
cumulative
banks was
de-
Increase ( +) or
Oct.
loans" in¬
,
Holdings of Treasury
San Francisco
dollars)
thousands of
(In
creased $27,000,000.
1393
15
31
—
•Nominal
897
7
Penn Electric
6%
870
1
V
*
-
1491
'
collateral trust certificates
Jan.
Co.,, 5% gold debentures, due 2030_0ct
preferred stock.
—
Nov
7% -cumulative preferred stock—
;
Nov
Class
A
stock
—Dec
West Virginia Water Service Co.— '
i i.
1st mortgage 314% bonds, due 1966
Nov
Westlnghouse Electric Corp.; 2 Yo7o debs., due 1951—Nov
United. Rys.
We3t
"*
»•
Uruguay, peso
*•
■*,
Electric Power Co.—
1390
1491
3
———Nov
'
1966
Nov
1st pfd. stk._Nov
Otis Elevator Co., 6%
preferred stock.:
...
-Oct
Thomson Co., Ltd. 3%
and 4% serial debentures/
Nov
Union Oil Co. of California 3%
debs, due 1967
Nov
United Power & Transportation Co.—
- './"•* • • -
"2.783750 ,'
;
*
+*
—
1489
mortgage 3(4% bonds, series A, due
Montreal Refrigerating & Storage, Ltd. 5%
2.800898
2.800758
V
j
i
.
00
**■...
——
Uruguay, peso
1959_Dec 31
——Nov 3
_Nov 3
„_™»—
1st
.230800
.230300
.230640
V:
2.783750
25-year
.326125-
t.
1339
1340
Pag«
General Fireproofing Co., 7
Kansas
.230800
|:>'l
1538
Date
debentures, series A
% preferred stock
5(4%
.497300
**.
Uruguay, peso—
.140154*
gold
.497340;,
.193322*
.
2.800898
pound sterling
2.773102
.
1961
due
bonds,
bonds, due iQfli
5% gold bonds, due 1961, series B_
Associated Telephone & Telegraph Co.)—
5%
'.140154*
.140154*
.326125
,2.783750
Africa, pound.
Union of South
United Kingdom,
.262971
5%
Electric Co.,
Associated
2.772896
1401
Algoma Central Terminals, Ltd.— '
;
5% 1st mortgage debenture stock and bds., due
.115717
■
.263033
.
'
.230783.,,,
—
1195
\'
-
.497340
.193334*.
—
—
1
CALLED
ISSUE
ENTIRE
Company and Issue—
.034810
.034840
.326125
Settlement, dollar
.262971
2.772896
'
j
—
(Sweden, krona—
Switzerland, franc™.
v
.140154*
.497340
Islands, peso
Portugal, escudo—
'
.263083
.140154*
Philippine
.
v.l 15709
.115615
———
1302
Nov
-
convertible
.14493#*
.002862*
1963
due
.020060
.020060
.020060
.208200*
Zealand, pound—
Norway, krone
—.
1
.208000*'
.262987
Netherlands, guilder..
1
Co.—
Gas
&
bonds,
debenture
$3
.144933'
—
New
130a
Nov
preferred stock
Nov . 1
Twentieth Century-Fox Film Corp., prior pfd. stock
Nov 23
Union Terminal Co., 1st mtge. 3% bonds, due 1978——Dec
1
Wisconsin Public Service Corp., 1st mtge. bds., due 1977_Nov
1
.002862*
———
1
Raymond Concrete Pile Co., $3 preferred stock
.208000*
(Metropolitan), franc—
Dominion of, rupee—.
India,
1
.054406
3%
.019962
-
Electric
Service
Public
.054406'
.019950
.144938*
France
Nov
1951_Nov
.019954
.020060
—
1499
1499
.019955
,906250
—
Ceylon, rupee
—
Czechoslovakia, koruna
Denmark, krone
1299
.019958
.909090
-
-
due
1299
Nov 1
1960_Nov 14
5s, due
Portland
.019955
.054406
™
Oct 31
.109950
,
Brazil, cruzeiro-
Official
1
Deo
1977
due
.019950
.019925
Canada, dollar—
1495
1
Co.—
Terminal
25-year 3% notes, series A, due 1973
& Rumford Falls Ry., 1st mtge.
2 231730
1295
2.231573
—
notes" account
2.231573
1393
1294
2.231656
Closed
.020000
Foreign "bank
.138958*
.138958*
.138958*
Belgium, franc
»
42nd
Narragansett Electric Co.—
1st mortgage 3s, series B, due 1978
National Vulcanized Fibre Co., 414 % debs.,
New Bedford Gas & Edison Light Co.—
- .c
.297778*
.174562*
2.231739
Australia, pound™
I
.297778*
,174562*
Special
1493
1
1
1
.29777#*
.297778*
,206949*
1
Corp., 15-yr. 4% debentures, due
Street. Inc., 1st mtge. leasehold
Mrg.
West
1st mortgage 3%%
bonds, series A,
Minneapolis-Honeywell Regulator Co.—
2.85%
debentures,
due 1963
.206949*
.297773*
■
—,—
1392
1962—_Nov
bonds—Nov
Firestone Tire & Rubber Co., 3% debentures, due 1961_Nov
Goodrich (B. F.) Co., 1st mtge. 2%% bonds, due 1965—Nov
Hanna (M. A.) Co., $4.25 preferred stock
Dec
11
t
$
"
.
1493
Oct. 20
Oct. 19
1491
bds., series J, due 1976.Nov 15
2
Jacksonville
Oct. 18
'
$
$
$
Argentina, peso—
Oct. 17
,
1
Dodge
States Money
Oct. 15
Oct. 14
1182
mtge. 3% series E bonds, due 1973Nov
Consolidated Paper Corp., Ltd., 3 (4% 1st mtge. bonds_Jan
York
Cable Transfers In New
United
In
-Value
1
1
1st & gen.
1949, inclusive
1949 to oct. 20,
1952—Nov
Nov
Connecticut
tariff act of of 1930
reserve bank to treasury under
certified by federal
rates
exchange
Corp.—
mtge. 30-year 2%%
Power
Co.—
Consol.
countries of the world. We
for the week just passed:
give below a record
Steel
Bethlehem
daily
Reserve Bank certifies
Inc. 1st mtge. inc. bds., due
Corp., 5% preferred stock
East,
Viscose
American
of the Tariff Act of 1930, the Federal
the buying rate for cable transfers in the different
Secretary of the Treasury
foreign
*
Ambassador
requirements of Section 522
Pursuant to the
-
to the
Page
Date
Company and Issue—
Electric
—
.■
(quar.)
40c
20c
r
THE
Number 4849
170
Volume
Name
"
'
Name of
Mountain
Central New York Power Corp.—
3.40%
Central
South
&
—*
85c
22Vic
$1
50c
25c
40c
--
(quar.)
preferred
55c
30c
——
(increased)—*
West Corp.
pfd. (1947 series) (quar.)
Chesapeake Corp. of Virginia
—
..Chicago, Wilmington & Franklin Coal Co_~
Cherry-Eurrell, 4%
City
Stamping
Auto
$1.20
A
!
j
—
Columbus & Southern Ohio Electric—
4'A%
*
Dearborn
&
Power
Dallas Railway
7%
pid.
(quar.)
& Terminal, common
(quar.)
,
—■
.
Dominion
(quar.)—
Co.
(quar.)
,™,
—:
common
(quar.)—<
Bradstreet, Inc.
pref.
&
—-
(quar.)
(irreg.)
Dwight Manufacturing Co.
Emerson
Class
Drug
B
class
Co.,
(quar.)
A
(quar.)—,
—
•
i
8% preferred (quar.)™—
Faber, Coe & Gregg, 7% pfd. (quar.)—™_
Federal Loan Co. of Pittslield, Inc.—
$1.20 panic, preferred (quar.)
___™
Federal-Mogul Corp. (quar.)—™—_—;—
Extra
™;
Federal
Fire
Oil
Funsten
(R.
Extra
Gair
4%
•
$1.50
_™—<
Cable
General
Outdoor
6%
i
.
Corp.™,
preferred
General
Gerity-Michigan
Globe
Oil
Goebel
Corp.
Brewing
Great
;
Co.
(quar.)
Brothers
Oil
Class
;
A
Class
LJ
E.)
&
A
Class
B
™,
Holly Stores, Inc., 5%
4'A%
preferred
Hudson
Bay
11-30
.12-1
12-12
11-22
12-12
11-22
Hudson
•'
Car
Motor
Co.
Hussman
Huston
Refrigerator
(Tom)
Co.
6% preferred (quar.)„
International Harvester Co.,
Special
preferred
Common
Partic.
11-15
Republic
Investors
12- 1
11-15
12-
1
11-15
11- 4
10-28
.
preferred
W
"
Battery
Kawneer
of
7%
Lamson
41-15
St. Regis Paper Co.
Schenley Industries
Lanston
Leitch
pfd.
Mines,
Ltd.
Lumbermen's
Extra
5
11-
$3.50
11-
1
10-21
11-
1
11-
1
10-20
13%c
10-31
$1.25
10-31
11-15
11-
11-15
2-
■
25c
12-22,
7
Oil
Oil
of
Struthers
Oil
Lake
12-
Tide Water Power Co.
Tudor
208 South La Salle Street
10c
12-15
11-17
12-
1
11-
1
12-
1
11-
1
12-
5
12-15
12-23
Common
Oil
(quar.)_.
preferred
conv.
1
11-
12-
1
11-10
12-
5>A%
11-10
IF-
1
12-12
*
11-
(s-a)__
11-15
11-
11-15.
10-21
(quar.)-
11-15
11-10
11-15-
lOVic
11-15
11-10
«
*$1.25
stk.
a2Vi%v
(quar.)_
12-15
40c
West
Co.
*
&
(quar.)_
Company,
conv.
JL_
Mfg.
Co.
preferred
Fire
1
10-20
10-20
Wilcox
10-20
Oil
Co.
Bankshares
35c
12-
11-15
3.60%
Mid-Continent
75c
12-15
11-15
Woolworth
(quar.)
30c
$1.25
11-16
10-31
12
1
10-31'
$1.12%
10-25
10-1*
11-
10-15
1
*25c
11-
1
$1.50
12-
1
10-28"
12-
1
10-28
$1
11-
1
10-13
10-15
•.;
*
«
Co.—
quar.)
$1
11-
1
10-
8
$1.08%
11-
1
10-
3
,—
quar.)
;
Co.—
(s-a)
$2.50
11-10
10-25
$1
11-
1
10-
5
93 %c
11-
1
10-
5
56%c
12-30
12-1&
11-30
11-25
37'/2c
(quar.)
11-
1
10-17
10-20
75c
—
$1
11-
1
*$1.37'/2
11-
1
10-1*
30c
11-
1
10-20
56 '/4C
_•
preferred
11-
1,„
10-1*
1,.
11-15
(quar.)
(quar.)
e
4c
(monthly)
(monthly)
4c
1-1-50
4c
2-1-50
4c
3-1-50
2-15
4c
4-1-50
3-15
4c
5-1-50
4-15
1
10-15
4c
$1.12
$1.12
Works
11
10-15
12
12-15
1-15
11-
2-1-50
1-15
(quar.)
25C
10-31
10-
(quar.),
Company
15c
10-26
10-1*
10-26
10-1*
Porcelain
Steel
7
Corp.-
Innes,
Ltd.,
Power
Co., Ltd., class A (quar.)
Extra
3-15
11-18
12-
1
(F. W.)
&
*50c
(s-a)
11-18
Belmont
Iron
11-
10-21
12-
11-15
Corp.,, common
preferred (s-a)
$6
11-18
Watch
Best
&
Best
Foods,
11-1
Inc.
(quar.)
Electric
Blauner's
1111-
11-
10-20
10-20
8
10-26
11-
(quar.),
common
(E.
(quar.)
Blue
Corp.,
Fisheries
10c
10c
11-15
10-31
2-15-50
1-30
1-3-50
11-1
12-
1
10-20
40c
10-31
50c
11-15
50c
10-28
10-
11-
10-17
25c
11-15
1
10-21
10-25
7
L
11-
11-15
11-
1
11-15
11-
1
70c
(quar.)™
*62'/2C
25c
—
$1
25c
(quar.)—
(quar.)!———.
& Rubber (quar.) —___
common
11-
1
10-15
1
10-20
10-31
10-14
10-21
1
$1
11-
1
70c
11-
1
Hose
50c
11-25
Special
British
7%
1;
1%
6%
(accum.),
Columbia
Pulp
&
—
Co.,
Paper
Columbia
*$19.25
11-25
11-15
1
10-15
11-
Ltd
*$19.25
11-
1
10-15
*$1.50
11-
1
10-17
50c
11-
2
10-23
25c
10-25
10-
20C
11-1
10-21
90c
10-31
10-14
45c
(accum.)
preferred
British
10-21
10-1011-15
Columbia Power & Paper—
preferred
British
$1.25
———,—
10-1*
10-31
11-
Co.
1
10-11
10-25
11-
Woven
•
*25c
11-
Edison
•
11-22
11-
50c
*
Boston
10-18
12-. 9
10-14
(quar.)——
Corp.,
4%' preferred
11-1.
1-1*
1
Boston
1'
11-15
10-18
11-
25C
W.)
Ribbon
Booth
*
.
10 31
1-31-50
20c
75c
—..—
Bloomingdale
1
11-15
•
10-14
25c
—™
Co. (quar.),
Brothers, Inc.,™—.
Ltd., 5% pfd.
Bon Ami Co., class B (reduced)
Class
A
(quar.)™,
11-15
11-
10-1*
8c
Co. -(quar.)—
preferred
.
Bliss
II-15
11-15
1
1
$3
——™—,
_™„™_™__„,___
(Philadelphia),
11-
11-
25c
$3
10-20
11-21
50c
75c
$1.50
(quar.).„__
Co., Inc.
Company, (quar.)
Birtman
12-15
/
10-15
50c
12-15
>
11-
25c
(quar.)
Benson & Hedges, $2 conv. pref.
(quar.)™
Berland Shoe Stores, Inc. (quar.),™
^
10-21
12-20
,
9
3
40c
(quar.)—
Beneficial
10-21/
I-3-50
:
1111-
(quar.)__„_
Works
10-14
1212-
Beaux-Arts Apartments, $3 prior pfd. (quar.)
$6 1st preferred (quar.)
Corp.
11-
*37 %C
*12'/2C
—
Baystate Corporation1 (quar.),,™
Aircraft
12-19
12-21
$1
25c
.*•
>
A
i
10-25
10-14.
11-
10-13
Telephone Co.—
(quar.j^L
2nd preferred
10-24
Inc
Brockway
r
i
(quar.)
preferred (quar.)—
class
$1
—
1-2-50
1-9-50
of
,
$1.75
/
Co.
:—
&
$1.50
$1.75
•
—
Mortgage Guaranty
Bates
1
8%C
20c
(quar.)„
&
Bathurst
12'Ac
.
Bond
10-28
12-10
25c
—
(year-end)
preferred
preferred
12-17
4-
$1.12^2
(s-a)—
Corp.
Motor
Brompton
Pulp & Paper—
Bronxville
Trust
Co.,
.
—
:
12- 1
d42'Ac
$1.50 1-31-50
90c
12- 1
11-
3
"•1-16
11-15
Co., Ltd.—
j
Shoe Co.,
Brown
Buffalo
a3%
12-8
Worthington Pump & Machinery Coip., com.
4'/2% prior preferred (quar.)
4'/2% conv. prior preferred (quar.),—,—
25c
$1.12'/a
$1.12'/2
12-20
12-15
12-15
1212-
1
(monthly)^
25c
11-
1
10-20
12-15
11-18
(N.
Y.)
(quar.)
$3.60 preferred
Co
(quar.)
——
1
12-
Forge
Co.
*
10-28
6%
pref.
(s-a)
10-27
10-14
Wrigley
11-
10-14
Youngstown Sheet & Tube
1
1
1
20C
11-19
//,' $1
(quar.)™——
Electric Power Co.—
11-15
12-19
1212-
*22 %C
1
10-21
(quar.)_.
—
Wisconsin
11-15
12-23
i5c
,
11-15
12-
110-21
;—
Wisconsin
12-15
______
1-3-50
12'Ac
common
4
12-15
12-10
12-23
50c
;
America
11-12*
11-30
11-
Corp. (quar.)—-
11-
Michigan Public Service Co. (quar.)™33__-_
_™„"
;
7%
li-
(quar.)
Company,
Ltd.
6%
-
,
——
11-17
4c
10-11"
10-11
$1
10c
Bankers
$3
-.Common (quar.)™—
4
<s-a)™™™™_^
10-1^
1
Extra
Baltimore
11-15
" d$l
—
Paper—
12-
Mississippi Valley Public Service—
.
11-15
11-
'
12-
11-15
5
f.
11-1
12-15
'
12-
™—™„_™™
Insurance
11-1
50c
1
1
;
(initial
Locomotive
10-31
d50c
v
—
(quar.)
75c
50c
1-21
1111-
preferred (quar.),,,
Rubber
11-
11-
(s-a)
preferred
Weston Electric Instrument
11-
—„„-i._™__.
10-22
J
11-
(quar.)
Corp
Baldwin
"V d75c
™__i
—
Virginia Pulp &
12-
(initial)
preferred
class A_
50c
(s-a)
1
<
$1.12%
*
$3
preferred
Baldwin
50c
(quar.)
*3c
(quar.)_
B
10-30
12-15
30c
(quar.)
(s-a)——™
25c
Corp.
.
12-15
12'Ac
$1.06'A
(quar.)_
7%
Wilsil,
11-
$1.12%
—
(monthly)
: Common
(monthly)
t Common (monthly)
$4.50
preferred (quar.)
$4.50
preferred
(quar.)
1-3-50
Is>c
.
,
,
™_™l
10-20
Ltd.—
10-1*
(monthly)
(monthly)
Common
Beech
—„™™.—
common
preferred
Penn
4'A%
,
Benrus
com.
10-31
1111-
11-15
$1.31'A
7%
»
*56'AC
Co,-
RR.
11-10
12-12
11-15
93%c
„
,
(quar.)_
(quar.)—
White's Auto Stores
40c
:
1
11-10
62'Ac
—™;-™_™ ■
Westchester
11-28
1
11-
12-12
$1
(quar.)
Electric, 6%
preferred
West
11-30
'
Communica-
11-15
:
Wentworth
11-10
10- &
10-25
I
•i Common
—
Extra
4%
1
Mills,
Common
)>•
1
5
12J/2C
14c
pfd.
Mfg. Co. of Wisconsin,
Weeden
$1.75
pfd.
'$3 preferred
1
12Vic
Pictures, 4'A%
Chemical
Walker
10-17
11-
$1.06%
12-
11-30
11-15
62'/2c
(quar.)
Universal
Vick
-iri.
(accum.)
Specialty Corp.—
preferred (quar.),™.—
Upper Peninsular Power Co.
11-10
11-
1-31-50
$1.50
Manufacturing Corp.—
$2.25 convertible preferred
8
25c
&
10-31
11-10
10-13.
$1.50
,
common
(initial
convertible
Avondale
California—
11-10
1
10-27
$1.25
Avco
11-30
*4c
A (quar.)
™™™™™
Machinery Corp.—
11-18
88c
—
preferred
of
Utilities
Common
5%
Co.
11-15
II-30
$1.20
Common
12-
10%
™r-™™
11-30
$2
(interim)
initial
pfd.
11-30
$1
10-17
10-13
50C
preference (quar.)
Nichols & Co., Inc.—
/ Common
25c,
,
Corp., com. (quar.)
50c
$1
10-17
1
Co., 4% pfd. (quar.)
Wiborg Proprietary, Ltd.—
11-15
50c
^
preferred
4'A%
1
1
11-
10-27
Power
&
11-15
12-23
™™
.
™™_^
(quar.)
Hoffman
5%
11-
75C
Co.,-
preferred
series A
11-30
12-15
i.
25c
City Ninth Upit 6%
United
10-26
(quar.)
Plywood
11-30
,
50c
shares hold)
100
37Vic
15c
A
;
Standard
(quar.)™-™„™
12-
10-25
I-3-50
*
7
1
'
of
^___„,™,™-j
12-
S.
9
35c
(quar.>
™,
1
$3.75
11-
10-
11-
25C
common™
(quar.)™,™,-™-
preferred
series
Austin,
11-28
12-28
45c
(quar.)„„™_™_™
Corp.
11-
4
Common
Wells
12-15
11-
preferred
12-12
I-3-50
25c
(quar.)_„
12-22
U.
11-30
10-31
'
12-
8%
.1. for each
& Company
25c
$1
—-
Co.
Ault
(quar.)
f=hare
$2c
preferred
Oil
N.
(One
$20
30c
;
Gold Mines,
Extra
Atlas
10-21
(quar.)™,
(Conn.)
(Indiana)
Co.
dividend
$1.06»A
Midwest
10-21
1
40c
Mines, Ltd.'_™_™'__™_
Symington-Gould Corp.
62Vic
common
Marine
Petroleum
1
11-
75c
(quar.)
Company (quar.)_
Stock
(quar.)—^™™—™„_-_™
2nd preferred (quar.)
4%
Co.
dividend
(A.)
Union
(quar.)
ordinary
11-
10c
f$1.75
;
(quar.)
Resumed
(quar.)
Works
Sylvanite Gold
Ltd.—
(Phila.)
4'/2%
20c
40c
'
Stock
Sun
4
75C
3.75%
6%
$1.25
-
Brothers Inc.
50c
Electric
quar.).
Extra
Standard
11-
Mead Corporation, common
;
Lathe
Water
Stein
50c
™™__
Red
Pulp Co.
Bend
Stamford
10-24
'
10-1*
common
common,.
preferred
5'/2%
(quar.)^,
(A. G.)
10-15
10-31
25C
Co.j
(quar.)
non-cum.
Atlas
.
(quar.)„
Wellington Mills, 6%
Bancorporation,
,
Sovereign Investors
10-20
25c
--™™*5c
(quar.)™™™-^
International
McKenzie
4»A%
Soundview
South
10-24
Fully participating (quar.)
McGraw
12-15
12-15
10-31;
Structural Steel Co.,
Co., Ltd.,
Inc.
1-16-50
62Vic
Ltd.—
preferred (quar.)—„™™_„
tions
.
.
preferred
Spalding
r, -
Lyons Finance Sei-vice, 50c class
50c conv. preferred (quar.)
Marconi
(increased
1st
35c 1-16-50
1
2nd
11-10
11-
■
Co.,
,
11-15
12-12
12-
56'/4c
$1.25
Co.,
City, Electric
4.35%
11-10
12-20
Inc.'(quar.)™„™™_„™„„
preferred
Corp.—
30c
Co.
1
12-31
(quar.)__„_
Insurance
12-
$1.50
'
10-14*
4%
^
11-15
-
preferred
4%
12-10
12-15
Louisville & Nashville RR. .(quar.)_
MacKinnon
5'/o
Ltd.,
preferred
35c
■
11-
10-28
'
Manufacturing
Common
.r
Mills
preferred
12-10
12-20
5
GOc
Lucky Stores,
11-15
30c
(quar.)™
(quar.)
pfd.
1
4
10-1*
10c
i
$1.75
Co.,
convertible
50c
,
10-1*
1
11-15
(quar.)
(quar.),,—L-,-1
4 Vi %
25c
'
1
11-
25C
Refining Co.
preferred A (quar.)
I
preferred B__.
Atlas Imperial Diesel Engine Co.—
8
U-
10-20
(quar.)™
2nd
12-
*31'Ac
11-
30c
10-20
Atlantic
10-20
11-
1
•10-14
(year-end)
8%
11-10
1
™-™i™
Taylor,
12-
1
-
Company,
11-15
15c
50c
■
Extra
Sheiler
5
1
50c
Security Insurance Co. (New Haven) (quar.)
r
Corp.,
5%
1-;
11-21
37'/2C
(quar.),,
Atlantic Coast Line
Co.—
^
Extra
5
11-
10-20
(quar.)„„^
f40c
Corporation
Marine
1111-
1
11-
Extra
5%
1
1
U-
II-
Monotype Machine Co. (quar.)_™™
Inc.
(New Jersey)
Extra
'42c
12-
37%c
conv.
Liggett & Myers Tobacco
&
10-20
10-21
12-
11-10
*25c
10-17
11-10
1
25c
Paul Fire & Marine Insurance
10-20
1
$2
11-24
12-
(quar.)
1
12-
11-10
10-14*
25C
preferred
4%
*
12-15
$1.12'/2
10 & 25c Stores
11-
$1.12%
common.
Cable
preferred
Atlantic
1-15
1-15
50c
™,_,_™
/quar.)___
Life Savers Corp.
Lord
1
1
50
2-1-50
40c
(quar.)_
common
1
10-18
2-1
15c
._,™,_™V_™_™
-
Gold
Lionel
1
11-
5c
T5c
1
Atchison, Topeka & Santa Fe Ry. Co.—
; Quarterly
i.,
10-21
Sheraton,
Fabrics
Lea
1111-
11-15
50c
10-17
6%. preferred (s-a)
5%
10-21
10-14
Scythes & Company, Ltd./ common™,™™™
5% preferred (quar.).
Sears, Roebuck (quar.)™^
10-21
'
10-29
10-27
11-
(quar.)
Products
4'/a%
10-21
10-20
10-20*
11-
(quar.)™
preferred " (quar.)
Aro Equipment
Corp.
(irreg.)
Associated Telephone Co., Ltd.—
10-21
12c
11-16
11-15
(extra)
Cotton
Argus
10-22
50c
.
(quar.)
1
10-21
1
10-29
pld.
Bottle
Archer-Daniels-Midland
-
preferred
12-
1
11-
10-29
60c
(quar.)
St.
11-
J,
^
(quar.)
Manufacturing Co.,
5,
t5c
Shirriff's, Ltd., 24c partic. cl. A (quar,)™„
*6c
Simpsons' Ltd., 4'A% pfd. (quar.)™^
*$1.12'/a
Skelly Oil Co
7, $2.50
(quar.)_
Session
10-22
,™n-
preferred B
11-15
$1.75
Island)—■
(quar.)_„
preferred
1
10-20
(quar.)
&
$2.50
10-22
,11-
;
.11-25
1
25c
*
•■■■"..
(s-a)„™™™™™,_i "
Fund, common
J
(quar.)
™__.l
!™
preferred A
6%
Rheem
'
(quar.)
com.
™™™™_
12-15
40c
the Woods Milling
preferred
12-20
11-
11-
^™_^_
Common
35c
10-21
11-30
1-10-50
Products,
preferred (quar.),™
4%%
,
1
10c
Zinc, Lead & Smelting
preferred (quar.)
4.50%
4
*15c
,
Co.
25c
5c 2-15-50
Extra
11-
11-15
Kayser (Julius) & Co. (quar.)
Kings County Trust Co. (N. Y.) (quar.)—_
Kingston Products Corp. (s-a)_.
.
preferred
Rose's
30c
(quar.)
Company
12-19
12-31
.
Lake
conv.
Pump Co
6%
11-10
(quar.)
com.
common
10-20
10-21
11-
10c
6% preferred (quar.),™
Anglo-Canadian Telephone Co.—
4'/2%
preferred (quar.),™
Appalachian Electric Power—*■
11+4
__™"
(quar.)™
Co.,
1
25c
Ebctra
Common
11-
12-19
10-15
1
25c
.'.
_!
;
Corp.,
(quar.)
&
11- 2
11-
50c
preferred (quar.)
Common
Viscose
Wire
1
10-31
Post
Arcade
;..™„™
10-20
25c
(F. L.) Company, 5% preferred™™(This payment clears arrears.)
.;
•
K
4%
11-18
Jacobs
5%
11-10
8
$1.25
(quar.)__—
—
4'A%
..
—
10-31
1
.™_™„,.:
55c
1
$1.25
——
Extra
;
4'/2%
1
(quar.)™
Co.,
12-
™™'.
___™_™
preferred
Ironer
91'Ac
12-
75c
prior
*6%
11-10
50c
Railway Light & Securities,
...
12-
(quar.)™
(irreg. )x
1
*5c
B
12- 1
12-19
,,™_
Participating
Ironrite
•
Class
25c
12-
,™„™
,;
(Rhode
12-
—
12-1
37 %c
™-
_
Investors Trust Co.
•
Participating
Insurance
*$1
common
$5
Anchor
10-17
20c
™™_™Ij
:
,
;.
10-20
$1.06'A
™™
;__™™
Ltd
(quar.)__x*.™__™
i
10-24
10-21
75c
pfd.
& Refining
Vitrified
Anaconda
10-25
II-
1
$2.50
Co.,
preferred
Preferred
'
10-20
1
10c
50c
2%
Reliance
$8
(quar.)™,
Peanut
1
10-
11-
*25C
Corp
preferred
American
1
$1.25
Quinte Milk Products, Ltd.—
;
Participating class A (quar.)™
11-15
25c
Humphreys Mfg. Co.,
12-
11-
^
(quar.)™™
Public Service Electric &
Ga§-^$1.40 preferred (quar.)
11-15
31 "Ac
.'.
i
(quar.)
12-15
10-25
15c
(bi-monthly)
Thermos
American
10-20
50c
.
Water
preferred
25c
(quar.)„_
,
/
(quar.)
10-25
*15c
Smelting,
(quar.)
10-31
11-15
1st
6%
10-31
11-15
dividend
11- 1
'
Special
7%
12- 1
,
*10c
(quar.)™
Mining
11-15
5%
Gas,
(quar.)
Co.
Screw
American
10-31
75c
>
Special
pfd.
(quar.)
10-31
25c
(s-a)
Phenolic
American
10-31
11-15
31'Ac
A
11-
Phillips-Jones, 5%
*$1
Amer.)
*
conv.
11-15
31'Ac
(quar.)
Co., common
$3.65 preferred
(quar.)„„™™„„^
25c
i
>_
Hotel Barbizon, Inc. (special)
Howard Stores Corp. common
pfd.
Philadelphia Suburban
11-21
.
,,™_™
.
10-31
34%c
11-19
Company—
(quar.)
11-15
7%
1
11-21
10-1*
1
$1
(quar.)
co.
American Smelting
12-15
31'Ac
Corp.,
News
American
10-21
1
1
12-
(quar.)
Natural
American
10-28
31Vuc
.
Manufacturing Co., Ltd.—
Class
11-15
(quar.)_
10-27
50c
;
->
quarterly
11-
(quar.)^
Mills (reduced)..,
;
Pacilic Power & Light Co,, 5% pfd.
(quar.)
Parker (S. C.)
Co., Inc., 40c pfd. (quar.)
Petrolite Corporation, Ltd, (Del.)
$1
(Charles
10-31
12-
11-
(quar.)_„
Corp.
Co.
preferred
American
1
11-15
i.
(South
American
10-31
11-25
Book
preferred
6%
10-1*
1
15C
American Metal Co., 4'A%
10-31
I-3-50
(quar.)
Pacific
•
Increased
,
1st preferred
12-21
10-28
x,™
Sugar Co.
11-15
11-15
25c
(quar.)
Plymouth Oil Co.
—™,25c
S
Hecla Mining Co—.™
Holden
1st
redeemable
10-20
Initial
Hires
redeemable
5Vo
preferred
preferred
12- 1
-_^-™™-.,
x,™,
20c
common™
1st pfd.
5%
?.
1
1
11-
*15c
Distilling Co. (quar.)
American General Corp., com.
(irreg.)
American Home Products Corp.
(monthly),
American-Marietta Co., common
(quar.)
4
1
75c
Electric, 6%
Stock
1111-
$1
Co
1st
Pacific Lighting
12-10
12-
35C
1
12-
$1
Petroleum
Can
5%
U-
10-15
100%
American
4
10-26
1
10-25
50c
Corporation (stock dividend)
Bosch
10-24
11-
45c
5%
1st
10-31
12-10
,
(quar.)„™
5Vac/o
11-15
10-28
Co
10-17
1
10-27
1
$1.12'/2
Mfg.
10-21
10-.20
10-20
1
12-
25c
(quar.)
&
25c
-
™_'™_
American
preferred
common
Glass
Reda
Hayes Steel Products, Ltd.
Haytian
4V2%
10-20
1
11-
20c
Outboard, Marine
11-14
11-
22'/2C
common
$1
31'Ac
x„. '
(quar.),™
28%c
*$1.75
12-
1-3-50
$1.25
Surpass
American
10-25
5
Inc
Corp.
American
10-20
11-
15c
11-29
1
11-15
$1
>
^
Oswego Falls Corp.,
10-20
85c
(quar.)
Straus,
Holder*
11-15
*25c
Ltd
Special
10-20
(quar.)™__
Consolidated
&
American
10-21
1
;
Class B
/;*
California—
™_™
B
•'*• 'Extra 'K
•
10-20
1
11-
Co.,
Shoe Stores
Air Reduction
Co., Inc. (quar.)
Air-Way Electric Appliance Corp
Aluminum Co. of Canada, Ltd.—
4%
preferred (quar.)
10-24
11-
Paper
Affiliated Gas Equipment, Ine
~
,_™_™™i;i.-i.™_^™-^
of
(quar.)
Extra
!
Co
Co.
Gas
Holding Corp
,
Osgood Company (Ohio) class A
50c
Inc< (quar.)
&
Ohio Service
11-15
10-20
-,
Admiral
11-11
1
<te
Adams-Millis
10-20
20c
^
(quar.)
11-15
v
Inc.™.
Extra
11-15
12-15
»
Abraham
11-11
$1.25
Co.,
(quar.)
11- 1
1:75c
Northern Railway Co., non-cum. pfd.
Hydraulics, Inc., 5% pfd.1 (quar.)
Hancock
Oil
Inc.
Ohio Oil Co.
1
11-
American
10c
™
1__
11-
(irreg.)
State Electric
Ohio-Apex,
11-18
1
11- 1
..
12-
1
When
Payable of Rec-
25c
*50c
Agnew
12-
Northwest Airlines, Inc., 4.6% pfd. (quar.)__
Noyes (Charles F.) Company, 6% pfd. (quar.)
Ogilvie Flour Mills, Ltd., V/o pfq. (quar.)™
12-1
11- 1;
11- 1
11- 1;.
.12-10
>
T
(quar.)
Hale Brothers Stores,
Halle
4
12-21
11-15
Granby Consolidated Mining, Smelting &
v
Power Co., Ltd., common
(irreg.)—™,_,_
Greer
2
$1.25
$1.27%
10c
*2c
(quar.),
.
11-
Power
Amerada
11-
Co.
Merchandise
15c
preferred
Ltd^(^a)«-
Co.,
Extra -!™„
V
5%
preferred• (quar.)
12-15
*l5c
11-
$1.50
10-28
12-31
Per
Share
Inc.
Extra
Corp.—
North
.
35c
common™
11-15
ll/40c
(quar.)
Shipbuilding
2
10-31
12-9
10c
10-24
(quar.)
11-
11-15
11-29
11-29
1-3-50
11- 1
15c
37%c
i -
__„___„™_™
Advertising Co.,
(quar.)_„—
Waterworks,
5.10%
&
York
1-3-50
12- 9
t$l
;
:
29
New
'
•
•
v
10-31
15c
preferred
Steel
10-21
.
10-20
*12'Ac
preferred
10-21
(quar.)-™..-^
(quar,)™:.—I
™,
preferred A
6%
10-15
11-1
Gale & Company, common
General
Convertible
National
10-20
Pacific Gas &
'
1
F.,
Abitibi
(Del.)—
(quar.)„„___
common
12-
Canada, Ltd.—
(quar.)
preferred
Ltd.,
10-20
12-15
11-15
11-1
11- 1
of
Corp.
preferred
11-18
5c
11-10
II-
T.
11-10
$1.75
York
15c
10-15
1
'
25c
$1.25
—
(s-a),™™'
.™_™.
Company
conv.
11-29
■
1
1
12-
$1.50
New
25c
■
4%%
'
•
Name of Company
National Drug & Chemical Co. of
Canada,
10-19
12- 9
(quar.)—-—
1112-
10c
Co., comfnon
(quar.)
Container
announced
■'
A.
75c
10-17
Company-
E.)
10-20
'
6c
Process
.'•'».
10-20
40c
New
.
11-
Fibres, Inc. (quar.)
11-15
.
75c
we
11-15
.
Casket
preferred
Owens-Illinois
Philadelphia
t
,
10-24
(quar.),
of
Co.
..
give the dividends announced in previous
The list does not include divi¬
this week, these being given in the
preceding table.
dends
10-20
.
(Colo.)—
11-23
30c
40c
11+
12-
47
weeks and not yet paid.
11-15
25c
(quar.)
™™,™15c
.m™
Works
Screw
Association
Fullerton
National
$7
12-15
'(1635)
Below
<
11-15
37V'ac
National Battery Co
National By-Products
10-21
-
Corporation,
4%'
—
—
Dravo
Dun
Ltd.
Stores,
Aircraft
Extra
Co..
35c
"
12-15
30c
National
11- 1
11-1
11- 1
lu-20
11-15
10-31
12-15
11-23
Co.
Holders
Payable of Rec.
35c
:
Extra
.
10-31
11-1
11- 1
10-26
Securities
National Automotive
10-31
35c
50c
30c
$2
25c
25c
50c
$1.75
(quar.l™,
Rayon, •i% non-cum. pi'd. (quar.)
Dennison Manufacturing Co., voting common
Douglas
10-20
B
When
Share
(s-a)_™
u
Series
10-20
50c
$1.12
35c
$1.75
$1.7o
25c
2oc
*37Vic
$1.25
20c
..
Delaware
Doming uez Oil Fields
11-21
CHRONICLE
Per
.
Company
Producers Corp.
Nation-Wide
■
$1-07
,
Corp.
Light, 4%%
preferred
10-27
10-15
(quar.)™-,-™
Rendering
Dallas
5
$1.50
preferred (quar.K
Consolidated
Consolidated
i
•
FINANCIAL
Munising Paper, 5% 1st pfd. (quar.)
Murphy (G. C.) Company (quar.)
Myles Standish Co. (quar,)
10-24
11-
&
Exira
10-31
11-15
11-15
*20c
$30c
—.——'
—
(quar.)
11-10
12-1
11-30
10-31
11-15
11-1
12-1
11-15
11-15
Ltd.—
Hardware,
(quar.)
$1.20 pref.
common
(quar.).
preferred
Cochrane-Dunlop
Class
Co.—
Electric Illuminating,
Cleveland
•:
•
Payable of Rec.
Share
of Company
Holders
When
Per
COMMERCIAL
(William,
Jr.)
Company
Co.
(quar.)
$1.25
Bullock's,
1
4%
Inc.
(Los
preferred
Angeles)—
(quar.)—
$1
—
Burlington Mills Corp., common (quar.)—i_
3%%
preferred (quar.)—
—u——
3'/2%
2nd preferred
(quar.),
i™
4%
preferred
(quar.),
x.
1
37 %c
12-
1
11-
1
87 %C
12-
1 .«
11-
1
87 %C
12»
1 if
11-
I
$1
12-
1
11-
X
48'
Per
Burns <fe
A
pref.
Class
B
(A.
Caldwell
1st
_
Co.,
Mills,
Ltd.,
preferred
2nd
common
(quar.)___
participating
<quar.)_
common
(quar.).
Packing Corp.,
preferred
(quar.)
5%
—
preferred
California
California
Portland
Cement
California
Water
10-28
10-
7
1
10-14
11-
1
10-14
11-
1
10-14
11-
1
10-14
11-15
10-31
Dominion Oilcloth
11-15
10-31
Dominion
10-25
Common
$1.80
(quar.)
10-14
6%
$1.20
2nd
preferred
Camden Fire Insurance Assn.
(quar.)
Ltd., common...„>
non-cumulative preferred (s-a)
Canada Northern Power Corp., Ltd.
iquar.)
6%
Ltd.
(extra)——
-
Canadian
Bronze, Ltd., common
preferred (quar.)
5%
Canadian
Class
Converters
A
Dredge
-—
Quarterly —
Industries,
Canadian
Ltd.,
Canadian
Investors
Canadian
Motor
Oil
iquar.)
preferred
Central
Coal
Central
Electric
&
Central
Hollywood
Hudson
Ohio
3.60%
Gas
Central
Power
4%
&
Chain
Belt
Chain
Chase
Co.
Chesapeake
'
City
Gas
Extra
Co
Co.
Clinton
Industries,
Club Aluminum Products
Ltd.
Breweries,
Plow
Colonial
Mills,
Inc.
Columbia
Gas
Pictures
Columbian
4%%
Co.,
Columbia
(quar.)...
:
Inc.
iquar.)
Corp.,
7
10-31
10-
7
11-
10-15
10-31
10-
11-
1
10-10
1
11-15
10-31
10-15
11-
1
10-15
10-25
10-14
10-15
11-
6
10-
1
7
10-31
10-17
11-
1
10-10
11-15
10-17
11-15
11-
3
12-
12-31
12-15
10-31
10-
Food
11-15
10-20
11-
1
10-
6
11-
1
10-
6
12-15
12-
1
1
1-1-50'
12-
5
Foote
9
11-
1
12-
1
Life
12-16
10-17
Engineering-Superheater,
International
Co.
Connecticut Light
& Power,
$2 pfd.
(quar.)
.....
preferred
preferred
preferred
(quar.)
preferred
Consolidated
Co.
Continental
1
10-
3
11-15
11-
1
V
50C
55c
4716c
11-
....
_
3716c
3716c
—,
1
10-
5
11-
1
10-
5
11-
1
10-
5
11-1
10-24
11-
1
10-24
11-
1
General
10-
7
20c
Co.
11-15
10-15
8c
75c
$1
$1.13
preferred...
10-10
11-21
11-
12-
1
11-21
I-3-50
12-15
4
10-
1
10-21
70c
11-
1
90c
10-25
10-
Seal, Ltd. (quar.150c
Crum & Forster, 8%
preferred <quar.)___:_
$2
8%
preferred
(quar.).
$2
Cuban-American
Sugar Co.
(irreg.)
25c
11-15
10-15
Exchange
Quarterly
Bank
Trust
(N.
Co.
Cork
&
_______
Cuban Atlantic
Sugar
Brothers,
Co.,
Rock
Oil
Delnite
Denver
Union
class A
stock
Stock
12-19*
$4
f
11-
11-
1
Public
Increased
(quar.)
(quar.)
*.
Corp.—
Utilities
10-11
Corp.,- common
5
Tin
American
Gerrard
(quar.)___l
$$1.25
:
10-31
10-15
11-15
11-10
Gotham Hosiery
1
11-
1
12-
1
11-
1
10-25
10-10
10-25
10-10
;r
-*' $2c
11-30
12-
.
5
10- 3
9-30
10-24
11-
1
10-24
60c
:
11-15
$2
—
;
(quar.)*..
,
12-20
10-31
12-
1
11-14
25c
preferred (s-a)_—_
Giddings & Lewis Machine Tool__;
Gillette Safety Razor,
common
(quar.)_
.
—
—
■
Detroit
Gasket
&
Mfg.
Co.
(quar.)...'
Detroit-Michigan Stove, 5%
Diamond
6%
Match
Co.
participating
Investment
Discount
Corp,
Steel
$1.50
Bivco
of N.
class
Co.,
class
Mines,
Domestic
A
common
A
Ltd.,
.
.•
common
preference
(quar.)__
Credit
1
10-14
$3
10-24
10-11
10-14
$30c
$3716c
1
11
1
10-31
10-14
•
10-24
10-25
10-14
3716c
12-20
12-
1-3-50
15c
11-15
$17160
10-31
3c
quar.)_I
(quar.)
(reduced)
Corp., class A
(quar.)
11-
2- 6
(initial)
10c
3114c
convertible
5%
(quar.)
$5 preferred
(quar.)—
$5 preferred
—
$5
11-
1
9-30
:
10-21
Hall
1
10-21
Halliburton
(C. M.)
pfd.
(quar.)__
11-15
;
Lamp Co._
Harris
Well
—
12-30
12-20
11-21
10-25
1
10-15
■11-
1
10-10
11-
1
10-10
11-
1
10-10
11-
1
10-11
12-
8 >,
10- 3
25c
$25c
25c
5614c
50c
v
(quar.)_
10-21
10-21
12-31
10-31
11- 1
11- 1
10-
Inc.,
It-* 10-15
11-25
(quar.)—
11-25
10-18
10- 1
10- 1
10-10
10-10
12-12
11- 1*
11-15
11-15
$6
Co.——
Bryant,
Inc.,
Tire
&
(James)
Stores
Lerner
10-17
10-15
12- 8
3-10
6-12
—,
Ltd.
(quar.)
(quar.)———
Insurance (quar.)„_
Co., common
11-15
10-25
/
•
11-
1
10-20
1
10-20
12-
5
11-28
12-3T
1-3-50=
1
10-26
11-1
; 10-20
,'11-15
11-1
11-
1
11-15
12-/1
11-18
10-31
10-
4
10-31
10-
4
11-
10-18
12-
1
•
9-30-
11-1/
-12-22
1-2-50
3-22
4-1-50
*
10-31
10-18
11-
1
10-15
11-
1
10-11
11-18
12-12"
11-18
12-12
1
11-10
12-28
12-21
12-
10-29
10c
3114c
$3
25c
11-10
12-20
12-16
11-
10-14
11-
1'
'»10-15
1
11-
10-31
>
11-
11-15
5614c
50c
1
5
10-28
'10-14*
10^28
=10-14*
9614c
25c
50c
$1.1216
$25c
lift 1
10-15
10-31
9-30
-30c
11-1
10-24.
10-25
——
(quar.)—
10/11
12-
11-10
1
10^18
11-1
11-
50c
8716c
$1
—
(quar.)
Company
*10-11 ;
1
10-11
11-" 1
:12- 1 ;*tl- 3
Co.— /
11-24
12-10
capital
:
$1.10
capital
—
—
' "$1.10" $-10-50
12-10
Special guaranteed (quar.)
■
60c
Special guaranteed (quar.)_
——
60c 3-10-50
12- 1
Loblaw Groceterias, Inc". jquar.)————
20c
Original
.
Original
"
2-21
—
11-24
-
2-31
"
Lock
Joint
'
Pipe
$4
Co., common
s
Common
...
——
—
(quar.).———————
preferred
;
11-11-
10-21
10-31
'
"
$4
$5
11-19
11-30
$1
———_—-—
Common
1-3-50
12-21-
12-31
412-23
-10-14
Boston
——
1
1
10-14
$2
(quar.)
Theatres
11-
11-
Loew's
12-
1
11-10"
$1.25
12-
r
15c
*
(Md.)
Long-Bell Lumber
Class
A
—
i accum.)...—
(irreg.)
Lumber (Mo.)
Lorain Coal & Dock
Long
Bell
—
(quar.)
—
5%
(quar.)
Louisiana Power & Light, $6 pfd. (quar.)—
Lowenstein (M.) & Sons (quar.)
Luzerne County Gas & Electric—
416%
preferred (quar.)—
'
11- 4
12-20
Life
Little Miami RR.
11-1
11-15
pfd.
Cement Co. (quar.)—
416% pfd. (quar.)___
preferred
/ $3.50
Link-Belt
3.85%
Corp.,
National
preferred
preferred
Corporation
Macassa
3716c
10-lt
lift
30c
50c
$1.1216
*—
Corp.
Brothers,
8%
10-10
10-14
11-25
11- 7
11- 1
10-15
10-lff
.10-18
11-1
50c
416% preferred (quar.) *
(quar.)—
,——
Co.,
Sons
Lehigh Portland
*
1
1
11V1
$1.50
5% pfd. (quar.)
preferred (s-a)_
Co.,
Inc.,
H.),
(M.
Lefcourt Realty
10-18
11-30
10-28
10-24
11- 1
10-25
10-25^
12-31
11-15
12-15
12-15
10-25
11-
34%c
— ,/■
(quar,).—
Inc.
Apparel,
Rubber
Lewis
10-31
'
11-
20c
Extra
*10-18
10-15
1
T2
3716c
(quar.)
Company (quar.)—
—
Co.. 416% pfd. A (quar.)—
Machine
Landis
Lees
11-13
12-15
11-
11
tic
&
Plante-Choate Mfg.
Lamston
10-14
10-18
10-18
I
11-10
50c
L'Aiglon
Lee
12-
10-17
12- 1
37V2c
$1.3716- preferred (quar.)_—____——
Water Works, 6%
pfd. (quar,)—
Lane
11-14*
-/10-29
20c
-
(quar.)—.
common
Kresgc (S, S.) Company
'<• Extra,—--—:
(S. H.)
Kroehler Mfg.
10ftl4
1
12-15
1
Kokomo
Kress
3
10-. 3
12-*;. 1
95c
$1
15c
$1.25
$1
(quar.)
$1.50 preferred
Stores,
10-10
10-10
9-30
'9-30
9-30
11-
$1.50
_—_—
$1.50 preferred
Kobacker
Mines,
12-20
12- 5
Macoil
$1.3716
11-1
10-14
Macy
Oil
&
(R. H.)
(resumed)
—
—
(quar.)
Drilling,
Corporation
common
(increased)
Co., 4%%
11-
2.
6216c
6216c
1-1-50
4-1-50
12-20
$1.50
50c
11- 1
11-15
10-10
$1.0616
11-
1
3-20'
11-1
*
10-14
11-
5
pfd A (quar.)——
20c
t3c
11-15
12-15
11-12-
10c
—.—:
Ltd.
Corporation
12- 5
50c
pfd.
1
11-1
./'v'"'"
Royalty
Company,
Lincoln
12- 1
10-31
11-
—20c
—
20c
(s-a)——.——
2c
semi-annual
Reduced
Kirsch
Lynch
$25c
10-31
11-25
—
preferred (quar,)
4%
preferred (quar.)
—w—
Kellogg Switchboard & Supply Co., common
5% preferred
(quar.)—
——
0*
Kingan & Co., 4% pfd. (quar.)—,——: V
Kirkland Lake Gold Mining Co., Ltd.—
10- 6
$1.25.
12-28
$1.25 3-30-50
$1.25 6-30-50
10-15
:
3.80%
10-18
11-25
11-15
11-1
10-15
10-15
11-21
20%
$1.25
Joplin Water Works, 6% pfd. (quar.)—/
Kansas City Power & Light Co.—
v
11- 1
11- 1
12-15
.9-19
11- 1
11- 1
3c
11-15
10-31
9-2Q
11-1
10-28
11- 1
Extra
10-25*
10-10*
10 10*
,
■
11-
$1
93%c
87»/2c
5%
$1
* 8716c
%
(quar.)
Ranch
Johnson
■:!
IDc
(quar.)
—
516%
Yll- 1
$1.0614
v/''
,
Company,
Tea
Common
-
11-10
11-10
Ltd.
—
Cementing
(A.) & Company,
.
3%% pfd. (quar.)—
Johns-Manville Corp., 316% pfd. (quar.)—
Johnson & Johnson, com. (stock dividend).
4% 2nd preferred A (quar.)_.
—
316% 2nd preferred B (quar,)--——
Jewel
MacKinnie
Oil
10-20
Inc.,
(quar.)—-
B
Preferred
Macco
1
1
1
11-15
50c
1
—,/■
Jersey Central Power & Light—
4% preferred
(quar.)_.
11- 1
■
10-15
1111-
30c
Stock dividend _w——*——•. ■
6% preferred A fquar.)——^
; •
9-23J
11-15
3716c* -11—1
50c
11- 1
Dypsum Lime & Alabastine of Canada.
Quarterly
J
11-
Mills,
Knitting
5%
(quar.)
11-
12-1
(quar.)
(quar.)
(quar.)
Co.
Gulf, Mobile A Ohio RR.,
5
Extra
$$1.25
preferred
Tanning
12-10
&
Anglo Investment Corp., Ltd.—
preferred
(quar.)—
Company,
Griess-Pfleger
Mountain Mines,
Jantzen
/
9-26
10-17
10-21
11-15
10-31
10-31
10-17
10-29
(quar.)
30c
Ltd,.—J7e
com. (quar.)—
20c
Mfg. Co.
Fireman
Iron
"t
Griesedieck Western Brewery Co.—
3-1-50
6216c
(increased
(reduced)
Inc.
11-
40c
Ltd
preferred
Dominion
5%
(increased)
Co.,
9c
;
;
&
Ltd., class A
Grand Union Co. (quar.)__
Grayson-Robinson Stores, $2.25 pfd.
Green (H. L.)
Co., Inc. (quar.)—.
75c
(quar.):
Shares,
Inc
Dodge Mfg. Corp.
5%
Y.
Construction,
conv.
Cup
$2,50
Dome
Trust
(s-a)
Corp.
Dividend
Dixie
Grafton
preferred
Diocesan
Disher
pfd. (quar.)
—
-.10-24
$1.1216
—
Publishing Co.—
(accum.)
Nickel of Canada, Ltd.—
Lincoln Printing
lie
A.) Co., 5%
(S.
(quar.)
Corp.
(increased)
Stock Fund (irreg.)
Intertype
Investors
Investments, Ltd.—
certificates (interim)i__
50c
12-
50c
common.
Co.
General
$20c '
:l
—
preferred
25c
10c
6216c
$5 preference (quar.)_—
$1.25
Gimbel Brothers; Inc., common (quar.)
*
25c
$4.50 preferred
(quar.)^.—$1.1216Golden State Co., Ltd., 4%-pfd. (quar.)____
$1
Goodall Rubber Co. (quar.).
15c
Goodyear Tire & Rubber, common (quar.)
$1
$5 preferred
(quar.):
$1.25
Goodyear Tire & Rubber Co. of Canada—
•
4% preference (quar.)_^
—
$50c
30c
(,quar.)_—
(quar.)_.
Yard
5%
10-11
1
'' '''
quarterly
Shoe
1
11-
7%
La
*
25c
(quar.)6216c
$3.50 preferred (quar.)
8716c
General Steel Wares, Ltd.* common.—
$20c
General
10-11
10-25
(quar.)
preferred
preferred
General
12-16
15c
(resumed)
Mfg. Co.,
1-3-50
50c
Light Co.
Mines, Ltd.
debenture
12-17
II-15
loc
t3716c
(quar.)_.
common..^
•
-
1216c
'
Corp.__________
&
12-30
10c
$1.25
____
_
(quar.)
Delaware-Power
$8
Inc.—
Co., Ltd., class A
A
12-17
1-3-50
$1716c
class
12-30
$1.25
B
Rubber
7
Extra
preferred (quar.)
...
Culver Corporation (s-a)
Davenport Water, 5% preferred (quar.)
Davis Leather
10-18
i—
...
General Public Service $6 pfd.
Co
5%
Davidson
7
$5.50
(quar.)
; •'
-
,
11-
preferred ($100 par) (quar.)™
t$1.75
preferred ($5 par) (quar.)
t8%c
Resistance Co.—
.
.
*
6% conv. preferred (quar.)
—716c
International Utilities Corp.
(quar.):
—,
25c
10-15
10-15
12- 1
11-1
11-1
11- 1
11-1
11- 1
—_
Corp.—
preferred (quar.)
$3.75 preferred (quar.)
Y.) —
Corn Products Refining Co., common
Motors
10-29
11-15
7%
*
10-14
11-15
11-25
11-25
1-1-50
11-15
11- 1
11- 1
-
10-29
International
10-14
10-25
11-15
25c
25c
30c
(quar.)
preferred
$3.50
International
10-15
11- 1
11-1
10-27
10-18
\
,
common
11-1
10-1410-14
; Johnson
Oil Refining,
9-30
10-15 "•"-.V:t- Common' (extra)
11-15
11- 1
2
1
11-
15c
10c
group
preferred
2
12-
International Educational
;
.
10-181
11-1
10-20
$1.25
93%c
$1.50
$1.3716
$1
.
(quar.)_
(quar.)^
Foods
General
11-15'
1
Corn
416%
2
12-28
50c
"v
Corp.,
11-
12-
•
.
bond
12-22
11-29
*25c
group
and
Interchemical
10-14
10-14
11- 1
11- 1
12-20
10-31
716c
25c
$1
$1.75
50c
8716c
50c
(quar.)
$5
11-
tl5c
614c
common
Corp., common
$3.50 preferred
(quar.)'..
General Mills, Inc. (quar.).—
10-25
10-26
10c
Corp
Corp.,
preferred A (s-a)__
preferred C (s-a)_—
General Fireproofing Co., 7% pfd.
conv.
General
12-
Motors
Co., Ltd., class A (quar.)_______
B.) Company (quar.)
Finance
(
50c
5%
4%
10-17
$1
(sa)
10-31
8716c
1216c
—_
—
—;
Electric Co.
General
$1.25
(quar.>—
preferred
30c
Gamble-Skogmo, Inc., 5%»preferred (quar.)
6216c
Gar Wood Industries, 416%
pfd. (quar,)—_
5614c
Gardner-Denver Company, 4%
pfcl; (quar.)
$1
General American Transportation Corp.—
;
$4.25 preferred series A (quar.)
$1.06%
General Baking Co., common—
——15c
General Bronze Corp. (quar.
20c
11-15 V. 10-30
,
/
Company, 5% preferred (quar.)
(Robert) Company, 6% pfd. (quar.)
Gair
Y.)—
416%
Co.,
11
* 75c
(quar.).
preferred (quar.).
class B (quar.)_____
Pitt Brewing Co. > (quar.) —
& Wallace,
$3.50
(quar.)
Gin
1
20c
Royalty Oil, common (s-a)
Container Corporation of America, common.
preferred
1
11-
80c
Consolidated
Continental
10-21
11-
Co.
Consolidated Natural Gas
1
10-20
(accum.)
—
(N.
12-13
10-13
(quar.).
Lobster
11-
1
10-25
11-15
(quar.)
Consolidated Edison
Dennison
*
40c
11-
12-31
11-15
4
Deep
45c
—
Gabriel
1
11-15
10-27
quar.)
Stock
Fulton Industrial Securities Corp.—
12-
Co.
Consolidated Chemical Industries, Inc.—
Class
A
(quar.)...,
$2
:_
10-15
9-30
18%c
$1.0614
6c
7%
Class
10-14
Aviation
10-10
12-28
2%
—-
Institutional Shares, Ltd.—
v
1
20c
(quar.)
Brownhoist
Extra
10-10
11-
.58%c
RR.
1
9-30
1
1-2-50
10c
55c
..
(quar.)
preferred
$2
Industrial
'10-14
11- 1
10-20
11- 1,/' 10-20
11- 1
10-20
12- 1
11-24
10-28
10-14
10-17
10-20
1
11-
Corp.
Concord Gas Co.,
Dayton
j
convertible
(increased)
common
11-19
IT-
11-
Incorporated Investors
:
25c
Indiana Associated Telephone—>
•
1
1
11-
Inc.—
(increased
-
12- 2
15c
11-19
1
10-25
56%c
$1.25
45c
(quar.)_
preferred
Terminal
Island
(quar.)_
Co.,
Power
4.70%
; 11-20
11-12
10-14
10-31
11-
60c
Forbes
$1.18%
25c
2--
Commonwealth
Crown
com.
10-15
1
11-15
30c
»
(quar.)
Co.
Brick
Illinois
93%C- 11- 1
Machine,
<te
10-18
1
12-
$1
Power
Illinois
12-5
10-15
6c
$20c
50c
8716c
(quar.)
Insurance
Edison
(W.
Gear
preferred (quar.)
Door Co.,. 5% pfd.
Co., com. (quar.)
4% preferred (quar.)
10-17
10-28
10-25
12-
50c
25c
"16c
,
$2.25
Huttig Sash &
10-15
•
.
Fund, Inc
Lighting & Power $4 pfd. (quar.)_
Hussmann Refrigerator Co., com. (increased)
'
(quar.)^__
10-25
11-
$1.50
Houston
11-15
10- 7
10-18
10-18
12-10
10-15
10-18
10-20
10-21
10-21
15c
25c
Fort
«•.
15c ;
Extra
10c -'-10-28
Stock
dividend
-v 4%--.\ 10-28
Foster <fc Kleiser Co. (quar.1216c
11-15
Franklin Stores Corp.
(quar.).—
—_
'
I5c
10-24
Franklin Telegraph Co.
(s-a).^
$1.25
11- 1
Fraser Cos.,
Ltd., common (quar.)
——_
<
$50c
10-24
Freiman
(A. J.), Ltd., common (quar.)—_
$1216c
11- 1
416% preferred
(quar.)
—_
$$1.1216
11- 1
Froedtert Grain & Malting common (quar.)
25c
• 10-31
i
$2.20 preferred (quar.)
i
55c
10-31
20c
IOC
.....I
Cooksville
Bros.
T216c
:—
—
Chemical—- : '
&
preferred
Extra
11-16
1-3-50
(extra).
B
Machinery
10-10
11-15
b216c
(quar.)
(quar.)
Imperial Chemical Industries, Ltd.—
Ordinary
(interim)
Imperial Tobacco Co. of Canada, Ltd.—
4%
preference
(quar.)
1
12-1
12- 1
10-28
1
11-15
_
Plan
Howe
11-15
10-14
10-17
\
9-30
12-31
11-10
12-2
1-3-50
2
10-10
11-
$1.06%
$1.12V2
30c
Company, (quar.)——
(Joseph)
10-20
r 12-15
8
11-
10-25
25c
30c
(quar.)—
Illinois
11- 1
11-15
8
10-
11-15
3716c
(quar.)
preferred (quar.)
$4.50 preferred A (quar.)
Horder's, Inc. (quar.)
Hormel (George A.) & Company, common—
6% preferred (quar.)—
Horn & Hardart Cd. (N. Y.)—
■■
•
10-
10-31
&
(Henry)
Home
10-15
11- 1
10-28
11- 1
10-31
10-31^
Springfield
■'3%%
•
10-15
10-25
1-25-50
1-10-50
1-3-50
12- 1
11- 1
9-30
10-15
1
10-31
1c
2.5c
i—
—-
•
10-15
10-31
;10-31
11-1
11-1
1-3-50
—
$4.25
12- 1
10-14
10-24
$1.19 *■ 11- 1
$1.25
12- 1
IX-
25c
50c
$1
(extra)—.—
Company—
5%
preferred (s-a)
Hooker Electrochemical Co., com.
Holt
12-30 ; 11-30
—i.
12-15
Quarterly
Coon
"
4%
First
12-20
1-1-50
Sugar Corp., common
5%
convertible preferred
10-10
/
10-10
10-25
$1.25
—
(quar.)
(quar.)
Development Co.
Holly
*
'*
•
District Electric, 5% pfd. (quar.)—
Empire Millwork Corp. (quar.).
—
20c
Employers Group Associates (quar.)
' 25c
Em.sco Derrick & Equipment Co.— 'V -v1:v.
4%
preferred (quar.).
$1
4%
preferred (quar,)———
—
$1
Equity Corporation common (irreg.)———
716c
20c preferred
(s-a)
10c
Erie Railroad Co., $5 pfd. A (quar.)
$1.25
Esmond Mills, Ltd., 5% pfd.
(quar.)
t25c
Fairbanks Co., 6% preferred (quar.)
$1.50
Fall River Gas Works (quar.).—
50c
Falstaff Brewing Corp., 416% pfd.
(quar.)_ .1856%
Fashion
Park, Inc., (quar.)
50c
Fedders-Quigan Corp.
(quar.).——
i—
25c
Federal Grain, 616%
pfd. (accum.)
$4.13
Federated Department Stores, com. (quar.).
50c
4 % %
convertible preferred (quar.)—$1.0614
Flbreboard Products, 6% prior pfd.
(quar.)
$1.50
Firemens Insurance (Newark) (increased s-a)
30c
'
,
•
Empire
1
conv.
Idaho
Subject to the approval of the SEC.——
Elmira & Williamsport RR. (s-a>:_———
10-20
10-31
$1.1216
20c
,
20c
....
pfd.
$4.25
Commonwealth
4%
10-
Class
(quar,)..
Extra
Combustion
$5
416%
1/35 of a share of Middle South Utilities,
•Inc.
common
stock for each share held-
10-31
1
(quar.)
55c
System,
National
B
10-20
common.———.
common
$1.25
(quar.).
(s-a)
Class
10-20
11-10
preferred (quar,)—
>—$1.1216
Elastic Stop Nut Corp. of America
—15c
Electric Bond & Share Co. (stock dividend)—
Co.,
Products Co.,
Corp. (year-end)
50c
First York Corp.* $2 preferred' (s-a)^—.—
$1
Fitzsimmons Stores, Ltd.,
6%
1st preferred (quar.)
—_
•
$1.50
Florida Power & Light, 416%
pfd. (quar.)_
$1.1216
Florsheim Shoe Co., class A (extra).——25c
.
pfd.
$1.90
11-10
30c
(quar.)
Ltd.
Co.,
Finance
$2.20
10-31
10-
(reduced)...—..
Colonial
'
11-10
1
(quar.).—.
com.
i
Ekco
11-
"
...—i
Colgate-Palmolive-Peet
Co.,
$3.50
preferred - (quar.)
Mass.)
Edgewater Steel
10-20
10-20
________
(monthly)
(monthly)
Cockshutt
10-10
1
50c
Common
Common
Coast
1
11-
10c
(s-a)
(monthly).
common
11-21
10-25
11-1
11- 1
11- 1
11-15
11-
15c
$1.3716
30c
30c
dividend).—,
(quar.^i.
$1.25
15c
I
30c
1
A (quar.)_
—
6% preferred B (accum.———
Eastern Sugar-Associates, $6 pfd. (accum.)_
preferred
6%
13c
25c
15°
*0c
93/4C
.
(quar.)
common
Holly
10-10
10-10
10-31
10-25
12-15
11-1
10-15
Corp.,
pref. (quar.)
<Edward)
Lumber Co.
4%
Ry.—
Street
Eastern
11-25
1
—
preferred
Massachusetts
10-11
1
_
$4.50
$1.50
$5
(quar.)—
Co.
10-13
10-28
preferred (quar.)
5%
Company,
Hotels
Hines
10-14
11- 1
10-25
1
11-
Cleveland, Cincinnati Sc. St. Louis Ry.—
5%
preferred (quar.)
!,
Cleveland Electric Illuminating Co.,
com—
•
Electric
Coast
15c
30c
——
12-
35c
!
(stock
Corp.
Corp,
10-20
1
10-31
Monthly
Higbee
Hilton
10-18
10-25
10-25
11-15
11-15
11-
—
——
Multiplier
Duro-Test
8716c
$1.1216
$30c
1
11-
$1216c
$1.1216
Bartlett & Co.-—
Spencer,
Hlbbard,
11-21
9-30
11- 1
10-31
11-
—
10-14
11-15
10-28
10-14
11-11
••
I.)
(E.
Pont
12-15
8716c
$3
15c
(quar.)
Homes
'
Clary
9-30
6
75c
40c
'
(quar.)
Y.)
(N.
City Stores Co., common
Class A (quar.).
pity & Suburban
10-31
5
10-
2
5614c
(quar.)...
common
(quar.).
(quar.)—...
Investing Co.,
preferred
516%
1- 6
10-
11-
$1
(quar.)......
Trust
Electric
&
2-2-50
(stock dividend)—.
de Nemours & Co.—
$3.50 preferred
(quar.)
$4.50 preferred
(quar.)
Dupuis Freres, Ltd., 4.80% pfd. (quar.).—
Corp.—
preferred
17c
4%
Duplan Corp.
10-31
40c
316%
conv.
(quar.)..
Chicago Allerton Hotel...
________
Chicago Corporation (quar.)
Cincinnati
10-10
■
—
Ohio Ry.,
preferred
&
10-10
1
12-
V.'<
—
Estate
Bank
National
1
11-
13c
■
,
....
(Texas)—
....
Real
11-
90c
5%
com._
"
dividend)
(stock
Investment
10-31
25c
$30c
(U. S. A.) (increased).—
Dryden Paper Co., Ltd
Ducommon Metals & Supply Co.
(quar.)—
1
(quar.)
convertible
Store
11-15
$15c
1
11-
Corp———
Hecht (The) Co., common (quar.)
3%%
preferred (quar.)
Hercules Powder Co., 5% preferred (quar.)_
$1.25
Hercules Steel Products Corp., common
5c
7% preferred class A (quar.)
Hershey Chocolate Corp., com. (quar.)
37%c
$4 conv. pref.
(quar.)_,—$1
10- 1
10- 1
1- 3
1- 3
12- 1
10-15
11-15
12-1
12-12
11- 1
$$1.1216
Insurance
Mfg.
Hayes
-
Drewry's Ltd.
12-
Corp.,
Co
Store
416%
Chain
9-20
12-31
Co.—
Power
Light
preferred
10-25
25c
/-Y
(quar.)
Paper Co.
Central
10-15
1
1——
Electric
&
Light &
preferred
1
11-
—
Central
11-
11-30
__________
Central
10-15
25c
<quur.)_.!_
Building Co.,
Common
1
_________
(quar.j__
______
Co.
Common
11-
Co., Ltd.—
416% convertible preferred (quar.)
Dover
Industries
(quar.)
Paper
Donnacona
common—
__
Corp.
Gas
9-29
11-
Ltd. (quar.)—
(quar.)_
_
common
Coke
10-10
110c
115c
120c
3716c
50c
$1
50c
50c
$1.05
25C
25c
50c
15c
25c
(quar.)—
(quar.)—
&
1
11-10
East
4% pfd. iquar.i
Castle (A; M.)
Company (quar,)_—
Caterpillar Tractor Co., common.—.
4.20% preferred (quar.)
5%
11-
10-15
&
Corporation,
10-15
1
Carpenter Paper Co.,
Celotex
1
11-
Co.,
Companies
Sullivan
11-
(quar.)_
$25c
$1 preferred (auar.)_—J25c
Dominion Woolen & Worsted, Ltd..
—_
t25c
Co. (quar.)
(stock dividend)—.
Kartz (J. F.) Company, Ltd. class A (quar.)
Hat Corp. of America, 416% pfd. (quar.)
Haydock Fund, Inc. (irreg.)
■
Hayes Industries, Inc. (quar.)—
——
Light
Electric
Hartford Fire
7
1
1
1
8
»
2
10- 7
11- 1
11- 1
2-1-50
2-1-50
1-3-50
11-1
t25c
$25c
$25c
certificates
trust
voting
Common
16c
____
Furth, 6% pld. iquar.)
Carolina Power & Light Co., common
I—
Capwell,
10-15
$18%c
125c
125c
11716c
(quar.)
Ltd
Corp.
Lamp
10-15
10-15
1
du
common
Fund,
Investment
Canadian
Ltd.
&i Dock,
Canadian
1
1
Ltd.—
Co.,
(quar.)
Canadian
11-
11-
15c
$40c
130c
115c
' 120c
131c
111.25
Canada Iron Foundries,
Bakeries,
&
(quar.)
6——>—Voting trust certificates (quar.)
Common
(quar.)
—_
11-
50c
(s-a>
Camp Manufacturing Co., class B (quar.)
Canadian
8teel
101010101010-
Holders
Payable of Rec.
Share
68%c
3316%
Company
Name of
Hartford
1J"25
11- 4
11- 1
11- 1
11- 1
11- 1
11-1
10"2®
11- 4
$40c
$25c
Ltd
Linoleum Co.,
&
Coal, class B (quar.)
Dominion Tar & Chemical Co., Ltd.—
35c '
___
(quar.)
convertible
common
(quar.).-
preferred
5%
-
.
Co., Ltd.,
Dominion Malting
50c
25c
30c
__
____
preferred
$1.40
1st
Common
(quar.)
preferred (quar.)
$1
(quar.)
redeemable pref,
conv.
pref. (quar.)
11-
Telephone Co.—
&
Co.
(quar.)—
Ltd.
Co., Ltd., 6% pfd. (accum.)
Dominion Fabrics, Ltd., common—
—Coal
Holders
Payable of Rec.
Share
$30c
$38c
+20c
$75c
$3716c
125c
$$1.25
.
Co.,
Bridge
Dominion
10- 7
$1.75
J 20c
*37c
$20c
6216c
6216c
pfd? (quar.)
7%
10-28
t30c
(participating)
Linen
$1.50
80c
M.)
of Company
Dominion
$30c
< uuar. >
Byers
Name
Payable of Rec.
Co. Ltd.—
Class
When
Per
Holders
When
'
Share
When
Per
*
4
Name of Company
1949
Monday, October 24,
CHRONICLE
& FINANCIAL
COMMERCIAL
THE
(1636)
10-31
10-24
10c
4-14-50
10c
10-31
10-24
11-
10-10
$1.06%
1
4-
3-
Volume 170
Number 4849
THE
When
Per
H older *
COMMERCIAL
&
FINANCIAL
'
•
Per
.
•
Name of Company
Mailman
Maitine
Company,
Stock
Marine
Share
■<
Corporation,
Ltd., 5%
pfd.
Field
Products
11-15
11-
11-
Investors
7c
iquar.)
B
McCall
Ltd.,
McGraw
Electric
Porcupine
Extra '
(quar.)
Mercantile
Finance
11-15
5%
12-
11-15
5%
11-
10-14
10-15
Packard-Bell
1 IT
10-15
Pan
Park
Michigan
4.40%
Midland
12-
&
11-
11-
1
Parmelee
11-
1-3-50
1
Corp.
(N.
11-15
11-
1
Peerless
11-
1
1
10-21
Common
11-
1
10-21
12-15
11-23
11-15
10-31
$1
11-15
11-
11-
30c
10-15
1
4
Abrasive
20c
11-' 1
10-20
(quar.)—
$1.12Vi
.11-30
11-17
11c
10-31
Midwest
Rubber
Shoes,
(quar.)_—._—
(increased
common
(subject
to
10-
at
meeting
4%'%-. preferred
1
10-15
1
10-15
12-
1
11-18
Oct.
on
10-31
25c
10-13
11-10
25c
Perron
,
10-31
•
24)
10-31
50%
—,
12-
Gas
-20c
11-10
Minneapolis
Moline
30c
11-15
$4
10-24
$1.50« convertible
$5.50
Co.,%
2nd
preferred
Mississippi Power &
9
11-
11-15
•
10-24
$1.50
7
10-17
11-
1
Morgan
(quar.)—*
1
Company,
preferred
(quar.)
(John)
Morris
Plan
$2.25
&
".
10-11.,,
:
Morrison-Knudsen Co.,
5%
convertible
Motor
Products
Mount
Diablo
Co.
12-1
12Vic
»,i
.
s-a)^
;:'
,
(quar.)
50c
&
lc
L
lc
_
Royal Rice Mills, Ltd
Muskegon Motor Specialties Co.—
class
Mutual
6%
A
convertible
Chemical
Co.
preferred
Mutual
$12Vic
preference
of
(quar.),
50c
$1.50
Investment Fund,
Inc.,
Telephone Co. (Hawaii) —
Mutual
4.8%
preferred A (quar.).;.
Nanaimo-Duncan Utilities, Ltd.
Electric,
4Vi%
pfd.
(quar.)
Straus-Duparquet
(quar.),,,;
National Alfalfa
•5 %
(quar.)
Aluminate Corp.
Battery
National
(jhemical
National
City
(N.
Container
Distillers
Co.
(quar.)__
Y.)
Corp.
B
5%
2nd
Hosiery
'Class
1st
Mills,
Co.,
6%
Car,
Ltd.
Co.
r.
12-28
9-30
11-23
10-25
10-
11-
1
15
series
;
1
12-
1
10-31
11-
10-20
1
11-
1
11-
1
10-14
Western
1-1-50
12-
2
11-
1
9-30
class
11- 4
11-15
10-31
U-l
75c
.,10.15,.
11-
1
V-
&
15c
•
97y2c
1
10-15
Corp.,
St.
-
10-26
Trade
Bank
Trane
Company
Travelers
Trust
&
7%
10-14
$1.25
11-
1
10-14
11-10
11-14
25c
$10c
9
•
i
(quar.)______
1
10-
(quar.)
Oil
1
10-20
11-
1
10-20
10-13
Scovlll
1
preferred
Gold
Scranton
50c
pfd.
common
11-
1
1
10-14
$1
A vtc
11-
1
10-14
(quar.)
20c
'
conv.
pfd.
(quar.)
10-15
10-29
10-15
60c
common
(quar.)
10-29
$17/5
(quar.)
Co.,
Seaboard
10-31
$i,12ya
10-14
11-
SI
1
10-15
10-31
10-15
5(4%
Seaboard
10-3
1
10-17
10-27
10-17
25%
Co.
15c
$1.75
11-
1
10-10
$1.50
11-
1
10-10
>,
60c
62y2c
(quar.)
50c
_______
,12-15
12- 1
10-10
11-15
11-
10-31
10-14
$$1.06
1-1-50
12- 9
$50c
10-25
10- 4
-10-25-'
10- 4
$$1.75
$50c
$$1.50
11-1
11- 1
10-25
10-25
.9-30
9-30
10- 4
10- 4
$60c
Ltd.,
10-25
10-4
,
com...
.
$40c
..
•,
.
preferred
Electric
Container
Co.
of
U.
S.
U.
S.
United
6%
Stores
12-15
11- 1
Camp
1
10-15
10-15
10-20
27V2c
27V2c
U- l
2-1-50
10-18
1-18
6%
5-1-50
4-18
Walker
8-1-50
7-18
10-18*
com.
Sea
Food
Co.,
4%
convertible
preferred
A
preferred
11-
10-15
—
$25c
11-30
10-31
10-11
12-
9
25c
12-14
12-
1
Inc.—
60c
11-
1
10-17
22(4c
1-3-50
12-16
.
75c
»
12-20
75c
11-
1
10-20
$75c
11-
1
10-14
11-30*
$1.50
11-15
10-28
62>/2C
11-
1
10-14
12-
1
11-15
30c
11-
1
10-14
f
$2%c
«2(4c
(initial),—
.
.
25c
10-31
9-30
1-3-50
12-22
11-
1
15-15
I
12-10
12-
11-
1
10-18
25c
37V2c
10-30
11- 1
10-17
2-1-50
1-16
37V4C
37V4c
5-1-50
8-1-50
4-17
11-18
,41.25
50c
—
Increased
9-30
7-17
+60c
10-28
Engineering Co
Wtesley Mason Mills, Ltd., 5(4%
12- 1
11-14
11- 1
10-11
1
11- 1
U-10
11-10
11-25
$$1.37(4
11- 1
10-15
11- 1
10-15
75c
11- 1
10-15
11-
10-20
10-14
10-25
We«t
25c
12-15
62V4c
37Vac
$1.06(4
$1.12(4
50c
17 (4c
Brothers Co., 5% pfd. (quar.)
Washington Gas Light, common (quar.)—,
$4.25 preferred (quar.)
—
$4.50
preferred
conv.
(quar.),.
12-31
12-
$1.25
12-31
12- 9
11- 1
10-20
0
Point
Western
$2.50
12-15
5%
Co
Mfg.
(quar.)
————
Insurance Securities
class
A
Light
preferred
11-12
75c
11-
1
10-20
31 (4c
11-
1
10-14
Telephone—
(quar.)
12- 1
Western
12-15
12- 1
5%
preferred A
25c
10-25
10-10
6%
preferred
Pacific
10-25
Co.—
(accum.)
k
40c
40c
pfd.
Michigan Steel Foundry,
7%
prior preferred (quar.)
Western
—
10-11
1-2-50
37V4c
11-14
27(4c
....
1
1
$75C
—
(quar.),,
11-15
Corp.—
(quar.)
11-
11-
7
i
,
Warren
West
Delaware
15c
(quar.).
(quar.)
Gooderham k Worts, Ltd.—
(Hiram)
10-15
U-23
(quar.)—,.
Virginian Railway, 6% pfd.
6%
preferred (quar.)
6%
preferred (quar.)
12- 1
Co.—
(quar.)
10-15
1
11-15
Wellman
—
1
10c
(quar.)
Inc.
30c
preferred
11-
11-
7
$37c
preferred (quar.)——
Sugar Co. of Cuba—
91(40
$1.07(4
?
10-17
—
(quar.)
Mines, Ltd
Knitting Co.-rprior preferred (quarJ
1
10-18*
10-10
25c
Leaf. Tobacco
11-10
U-l
11- 1
9
10-27
97y2c
Quarterly
Virginia Iron, Coal & Coke Co.—
85c
11-
Co,
9-23
$1
(quar.)
50c
quar.)
Corp., $6 pfd. (quar.),—Co., 5% preferred iquar.).—
10-31
11-
10-
(s-a)—
Vertientes-Camaguey
11-
1
10-31
Ltd.—
Vapor Car Corp., .5%
$10c
11-
—
5- 1
$20c
10-31
10-31
10c
class
12J/2c 5-15-50
;
"
11-15
—
Corp.,
Insurance
Van
10-17
11-15
(quar.)
2- 1
:
11-25
U-10
$2.50
(reduced
Upper Canada
11-15
^
:i
f
Transit
Utica
5
$12%C
—
Universal
10- 5
U-10
11-15
Inc
preference
United
9
92V2C
:
California
Tool
United
12-
40c
Canada
Corp.,
A
U-10
11-15
4%%
class
10-20
10-
9
$1.12%
Insurance
Steel
1
1
12-
.11- 1
Co. (quar.)
preferred (s-a),
Pipe & Foundry Co. (quar.)——
Radiator Corp=6% preferred (quar.)
27V2c
(quar.)
preferred
Corporation
S.-Lines,
12- 1
25c
convertible
S.
27l/2c
vtc
non-cum.
U.
11-
20c
—
50c
:
of
3-15
11-
25c
(quar.)
11-5
15c
:—
of
k
11-16
1
8V/2C
Fuel
12-15
12y2c
(quar.)
Co.
B
6-15
12-
$4
(quar.)
Investments, Ltd.—
6%
class A preferred (quar.),
United Merchants & Manufacturers,
Quarterly
5%
(irreg.)
Air Line RR.
Drill
4-1-50
6-26-50
Missouri—
(quar.),
$7c
(quar.)..
of
Universal
.
*
(quar.)
Co.
B
Fire
12-15
10c
(quar.),,
(resumed)
$1.25
(quar.)
Ltd.-^_.l;-___
pfd.
1
Co.
Corp.
Class
United
10-15
$6
Y.)
(Hartford)
—
Co.
Co.
U.
$183/4C
^
United
10- 7
10-25
,
Mlnii^-Syndicate/ Ltd
A
10-11
U-l
——
$1.25
10-31
1
50c
$1.06 y*
(quar.),,—
Corporations, Ltd.,;class A
Class
11-15
11-
1-3-50
d50c
(N.
;
Co.
Cigar-Whelan Stores—
convertible preferred
United
1
11-
11-15
;
(quar.^»*
'
10-14
11-10
.;
Corp.,
pfd.
Cities Realty Corp.—
preferred (accum.)—,,
United
50c
Company, Ltd., class Au(quar.)_..
(quar.)_...____l.
Oil
5%
10-3
94'/2c
.
Extra
Seagrave
United
11-4
>' 12'/2c 2-15-50
^
.-
1
U-l
15c
(interim)^..
—-
5% scries A
Seaboard
10-15
10-15
11-
25c
(quar.)..
'. ;
Industries, Inc.
Common
(quar.)_,_
11-
16c
100%
Chemicals,
$3.50
$10c
Ry.
Mines,
10-14
11-
United
10-20
11- 1
50c
:
Dillon
10-20
10-20
11-
$1.25
——.
Manufacturing Co.,
preferred (quar.)
4.30%
11-
1
11-1
11-1
19c
Shares)
Francisco
preferred
Scotten
10-31
$4
10-14
United
50q
93%c
.
(quar.).,
(quar.)
Paper Co., $3.40
preferred (quar.)
11-
50c
4«/2%
B
5%%
Scott
20c
28%c
(quar.)
Electric
&
Class
10-14
$1.50
Extra
4%
Union
3.65%
preference
Utilities,
10-25
Paper Mills Co.,
(quar.)
preferred <quar.)
Arabian-
Schenley
3
Inc.—».
Engineering
2nd
conv.
10-26
37'/2C
(quar.)
Gas
Ltd.——.
preferred
preferred
Antonio
Saudi
■
/
.
Louis-San
25c
;
10-10
$1.25
preferred
(quar.)—,,—
$3.70
preferred
(quar.),,,,
$4.50 preferred (quar.)—,.
11-15
5
9-26
1
-
preferred
—
Electric
quar;)——45c
11-
10-25
11-
$3.50
Union
10-21
11-15
$4c
dividend
10-25
Schwitzer-Cummins, 5'/2% pfd. A (quar.)
5V2% preferred A (quar.)
..i
5 V2 %
preferred A (quar.)
11-
preferred
Stock
11-15
Quarterly
Quarterly
Quarterly
10-19
12-
-
3U/4C
10-21
$1.12(4
Trinity
45c
—
1st., preferred
5%
10-14
1
Works
(New Hampshire)
10-20
,
(quar.).
Insurance
Special
'
$1
San Antonio Transit
1
shares of North Amer-
common
(quar.)
Foods, Inc.—
8an
11-
held)
Corp.,
pfd.
(quar.)
Y.
preferred
Lawrence
Scarfe
,'L
—
(resumed)
Whitehall
10-20
11-
—
(N.
10-15
.
10
St.
- -
(quar.)t~i^-
:u—
1
.
50c
4'%%
10-21
$10c
1
$1.25
Ltd
10-21
11-
—
Edison,
1
i
12-16
25c
Mfg. Co.—•
preferred (quar.)
11-
10-21
7
11-28
10-31
Company, $2.50 conv. pfd.
Thomaston
Mills,
common,,,—
10-31
11-1
1-3-50
10-31
Glass
conv.
Toledo
12-12
57c
(quar.)
75c
Inc.
(s-a)
Mills,
11-15
$1.25
(quart)
-25c
.10-31
Common
'
■
—i—52y2c
(interim
11-
85c
93%c
•
10-
—
Thermoid
10-15
10- 7
1
50c
Chemical
&
Light,
preferred
$2.40
11-18
11*
<
Corp. (quar.).----—-.———
Light & Power,
2nd
75c
10-14
&
12- 1
10-
1
dividend)
Products
Thatcher
10-21
'i,
$25c
St. Lawrence Flour Mills Co.,Ltd., com. (quar.)
7% preferred (quar.).
1
Gas
'
1
11-
Common
(quar.)—.—
(Dayton Ohio)—
Ages
1st
$2
•
11-
Company
1
1
Saguenay Power Co., Ltd., 4'/* % pfd, (quar.)
St. Lawrence Corp., Ltd.—
10-20
Oliver Corporation,
1111-
'-i;
$40c
(stock
Power
/.«■ $0
7
1111-
25c
Inc.
(initial
Transmission—
Gas
Common
Texas
10-17
12-15
quar.)——
Company,
&
10-20
50c
(quar.)_—
convertible
1
Engineering
Oklahoma
4%
11-
stock for each
Okonite
P.)
Corporation
Tennessee
1
$75c
—
Tennessee
1
11-
12-31
(quar.),
(quar.)
10-20
1
10-10
75c
(J.
pfd.
10-20
25c
Building-Co., 6% pfd., (accum.)
$2.40
Co.
(quar.)
4V4%
1
10-14
1
(quar.)—
1
Rockland
$6
Shoe Co.,
Stores, Inc.
Textiles,
11-
14c
10-10
1
$3U/4C
Year-end
Stouffer
1
11-
$4334c
Strawbridge & Clothier
Struthers
Wells Corp.,
$1.25 pfd. (quar.),
Sullivan Consolidated Mines, Ltd
Sun Oil Company, 4'/2% class A pfd. (quar.)
Sunshine
Biscuits, Inc. • (increased),—,—
Television
Fund
(irreg.)
11-
$1.50
(quar.).——
Cotton
of
10-17
preferred
•
Stern
&
11-1
(quar.)$87y2c
——
common
Extra
11-15
lean
5%
Stevens
10-15
Cement, $5 preferred (quar.)..—
partic.; class A (accum.).—;
Robinson
4
liquidating dividend
(One
share
West Kentucky Coal Co.
common
Nunn-Bush
Stern
10-14
quar.).;——
B
Inc.
preferred
11-
10-20
Northwestern
Sterchi Brothers
11-15
Engineering Co.—
(interim
Inc.,
3%%
11-15
jPartial
•
Rich's,
10-14
10-31
$$1.50
& Western Ry. Co.—
adjustment preferred (quar.)__
Northwest
10-14
1
11-15
Gas
Rice-Stix,
1
Airlines,
1
12-
10-31
(Calif.)
Common
2
12-
1
convertible
11-
$1.06>/<
11-15
Copper & Brass. 5V*%
Reynolds (R. J.) Tobacco—
1
preferred
(quar.):
preferred series A
2nd preferred series B
4.6%
of Canada, Ltd., common (quar.),
participating preferred (quar.),,
Participating
i
7%
10-10
5
Merchandike?,<J^^liic.; (quar.)20c
Northwest
Steel Co.
10-14
11-
$1.25
—
11- 1
12-
12-
Northern Railroad
11-10
<
11- 5
1
$1.22(4
$1.31 V*
12-15
11-
,7 $1.50 -convertible
10-11
10-25*
V
11-
Edison Corp.—
Union
11-
Illinois
11-1
4.907c
preferred
(quar.),
Stecher-Traung Lithograph Corp.
5%
preferred (quar.)
10-20
11-15
1st
Northern
Staten Island
10-15
50c
common
10-20
1
11-15
10-15
$15c
10-11
12-
9-30
9-30
1
$10c
10-20
12-1
Supply
$1.25
•
12(4c
(quar.),,
1
11-15
11-
,
10-25
$1.183/«
—
2nd
Northern
A
1
15c
Natural
10-14
"i;
York
of
Class
10-15
10-25
10-25
50c
11-
,
^
1
11-1
75c
—
Co.—*
Stanley Brock, Ltd., class B__
1
20c
Revere
Norfolk
1
11-
10
10-31
10-17
1
11-
$1.75
(quar.),,
10-25
Republic
Republic
5
10-14
certificates'
Power k Light; 3.90% pfd.
(quar.) New York State Electric <te Gas
(quar.)
Newberry (J.v J.) Co., 3%% pfd. <quar.)„_Niagara Hudson Pcwer Corp.—
-
.10-14
11-1
Spring
preferred
20c
10-19
12-
6c
(quar.),,
Canada, Ltd.—
< s-a
Mining
10-25
Steel
conv.
50c
10-29
12-15
Royal Dutch Co:
York Air Brake
American
Standard
11- 4
4%
1
10-24
$1.50
Universal Insurance Co. (quar.),—
Tung-Sol Lamp Works, Inc., 80c pref. (quar.)
'
North
10-20
1
10-15
•'!
Normotal
10-17
1
10-15
10-31
'{4%
H- 1
1
,
•'
12-
(accum.)
11-
10-31
;
10-31
(accum.)
11- 1
estimates
pfd.
10-17
1
$1.75
$6 prior pfd.
preferred
15c
10-31
;5%
prior
15c
11-15
5%
Standard Gas&Elec.,
(quar.)
11-15
4%%
1
75c
(quar.)—
47>/2c
(s-a),.
1112-
$$1.25
A
^_vUv-—X 4c
Co.
$1
$56V4C
B
"Railroad equipment".shares,,5c
shares,,:
10-17
(quar.)
preferred
Fine
Brothers, Inc.,
11-10
1
(quar.)
(New Jersey)
Ltd., 4V4% pfd.
preferred
10-31
;
12-10
11-
—
Co.
Co.,
6%
53 (4c
(quar.)_
10-17
.
6%
Rock
are
(quar.)
11-15
I2V2C
•
1
$12 y2c
A
10-11*
1
37'/2c
__
11-
10-17
Co., Ltd.—
12-10
8. & W.
*5%
■
10-17
$1.10
preferred (quar.)
Republic Investors Fund,
1
New
11- 1
(quar.)—_
$2.10
10-15
10-31
York
10-10
Fuel
35c
10-31
New
11-1
5%
65c
(year-end)
11-15
preferred
Standard
——„—
Electric &
Common
11-15
England' Fund,
Standard Fire Ins.
10-10
,
(quar.).—
10-17
$1
12-
—
Ltd.—
1
50C
11-
Quarterly
Reliance
8c
6%
10-10
(Canada), Ltd.—
4c
New
12- 9
1
$1.17%
(quar.)—;
10-17
11-
(quar.),^
20c
preferred (quar.),__
Shares,——
1
$1.25
75c
—
1
11-
$1.03(4
—.
(increased)
preferred (quar.)
11-
17y2c
v.;
11-15
11-
97 VaC
Standard Power k Light, $7 pfd. (accum.)_
Standard Silica Corp.
(quar.)_—
quar.)
Co.
series
Chemical
11-1
25c
preferred
preferred
Standard
1-3-50
$1
Riverside
series
New
$4
w,
95c
90c
,.
1
Common
$1.07y2
-
10-15
12-
92 (4c
(quar.)
(quar.)
(quar.)
$1.25
(s-a)
10-15
1
Co.—
11-
$50c
series
of
10- 1
,•
(quar.)
redeemable preferred
5%
distributions:
^Railroad: shares
,
Reitman's
&
Products
9-20
lln 1
.
pfd. ,(quar.)90c
—
Rutland
Neon
10-29
$1.50
1
11-
.
10-14
10-21
11-14
11-15
$1.50
series,,,.:,.;,,,,,,,,
Water
10-14
11- 1
10-31
trade
$lc
„
11-
55c
Co.—
—,
5%
preferred (quar.)
Spencer Kellogg & Sons, Inc.
Squibb (E. R.) & Sons
$4
preferred
(quar.)
10-14
,»
$1.25
,11-15
Retail
10-15
10-28
10c
Neisner
preferred
'10-13
Russ
Naugatuck
4.15 %
1
$1.20
Telephone
Common
1
11-10
10-31
group
11-
11-15
11-15
Selected
1
50c
10-14
$15c
,
(quar.)
B
___
,
stock
12-
10-29
—
(quar.)
preferred
11-
&
Associated
3.90%
11- 1
(quar.)
Electric Co.,
55c
preferred
11- 1
50c
10-15
11-
5
10-20
$7
(quar.)^._>—
non-cum.
5
10-
11-15
Ltd.
Co.,
preferred (quar.),,
Southwestern Public Service
10-18
$1.60
10-
10-31
1
11-
1
10-31
$30c
12-
$1,10
Colorado—
preference
B
28c
28 (4 c
(quar.)
preferred
America
Regent Knitting Mills,
3
5
(quar.)
$2.20
3
50c
—
12-15
10-
10-24
10-
(quar.)
10-
Rayonier, Inc. (quar.)
Reading" Co., common (quar.),
Reece Corporation, 5% preferred
Reed (C.
A.y Company, class A
11-17
1
11-15
10-31
preferred
4.8%
10-17
11-25
9c
i/Stock
..
1
11-
10-17
preferred
1
——_
Funds—
the Nov.
.Preferred
,
12-
12-10
convertible
11-
Quebec Power Co. (quar.)———
$25c
Randall Company, class B (increased quar.)
25C
Raymond Concrete Pile Co., common
50c
$3 preferred (quar.)
—75c
11-10
10-10
12-20
convertible
Southwestern
2- 3
10-31
Common
Tea
Co., 4 V4 % preferred
preferred1 (quar.)
of
2- 3
11- 5
11-
$2.50
___
(quar.)
The amounts shown below
.
(s-a).
.
.Balanced
,
Gas
5
$1.50
(s-a)
preferred
(extra)
:
Trust
Indiana
11-
10-15
$40c ( 1-3-50
Steel
National
Southern
1
1
50c
10c
,
Lead
,3.8%
11- 5
87y2c
(quar.)
Co., 6%
Distribution
10-17
11-
11-
$25c
common
50c
_
(increased)
Tank
11-15
—
3.60%
Oats
1
40c
(quar.)
Corporation
Power
11-30
Ltd.—
National
National
pfd.
preferred
National
Extra
Quaker
11-10
11-30^
10-31
12-12
20c
(Del.)
(quar.)
National
11-30
10-31
15c
Products
Corp.,
.3%-non-cum.
A
Redeemable
4
2c
Erie
.Class
11-
10-15
10-15
11-
50c
Ltd.,.—,
Canada
————
10-15
1
75c
•Quarterly
National
11-
11-15
10-14
10-25
4.48%
Purity Flour Mills, Ltd.—
30c
(quar.)
Corp. (quar.)
National Electric Welding Machine Co.—
National
O.)
Co.,
Southern
Sl.oe1/*
—«
10-15
'
,
1
11-15
$30c
(quar.)
California Edison,
92y2c
pfd.. (quar.)
(increased
11-
40c
common,
Southern
12-15
7% pfd.^accum.)
87c '
(accum.)„75c
of
10-10
40c
common
Iron
10-15
(quar.)
prior pfd,
Gambia Co.
1
$1.50
Steel
$1
pfd.
Co.
B
11-
$25c
(quar.)
1
(quar.)
11-10
12c
62y2c
Mfg.
Bank
National
11-
10-14
$20c
Ltd.—
(quar.)
Company, Ltd.,
1-1-50
•
—
Co.,
Co.*
12-15
11- 1
50c
Southam
20c
12-31
(quar.)
Co.,
'
k
National
10-24
—
5%
Reliable Fire Insurance
,
12-15
11-15
(N.)
$1.10
4.40% preferred (quar.)
Pugec Sound Power & Light Co.
Purex
Corp.,
Ltd.
25c
(quar.)
Co
12-27
preferred
3.70%
10-18
56140
preferred
National
Sloss-Sheffield
—
10-18
7
pfd.
Power
$$1.50
1
Dehydrating & Milling Co.—
National
10-
25c 2-15-50
11- 1
$25c
(s-a)__i
10-31
33c
11-15
33c 2-15-50
$75c
11-15
(quar.).———
(reduced)
preferred
Class
•
Narragansett
Nathan
10-
11•
10c
:
Slater
Coke Co.,
Metals
4y<%
America—
(quar.)
10-20
10-22
(A.
12-15
59%c
10c
(quar.)
Curr Co.
&
25c
<
(quar.)__
(quar.)
preferred
Quarterly
(quar.)
Extra
11-15
Development
Mount
$2
60c
62 Vic
(quar.)
Mining
11-1
Smith
1-3-50
(quar.)
Corp.
11. 5
•
(increased quar.)
Ltd... (quar.)
Public Service Co. of
10-29
5c
common
(increased
preferred
Corp.
Oil,
•4.78%
Common
$$1.19
"56Wc
com.
Gas &
Edison
Pressed
.
31-15
(quar.
Pacific
5%
Ltd.,
Oil
20c
„
.
(quar.)
preferred
k
preferred
•^fkrtomac
'
Ltd.—
Company
of America,
Corp
preferred
Sierra
Co.
Co.
Petroleum
.{Procter &
'fa ; 75c
'
(Henry)
4% %■'.
Morrell
Lindsay
•
Ltd.—
(quar.)
Governor
6%
10-17
11-
2nd
Petroleum
Portland
1
,
preferred
(quar.),,;
(quar.)——
Mines,
preferred
Pioneer
11-15
11-
C
Cement
non-cum.
Pierce
-
1-15-50;; -.12-31
$2.50
Power
partic.
Sibley,
7
40c
4.56%
common
preferred
Phillips
10-15
v
12-15
Co., $4.40 pfd. (quar.),
$1,10
••"4.80% preferred B '(quar.)——S1.20
Montana Power, $0 preferred (quar.)
$1.50
Moody's Investors Service-—
* , 'i;
]'■
$3
Sinclair
10-15
6%
10-18
(quar.),-
—i
62 V2C
3.60%; preferred
Philips-Jones Corp.,
•
9-30,
...11-..1.
$50c
(accUm.)
10-14
35c
Hampshire)
preferred
Gold
4%
10-24
11-15
10-25
37y2c
(quar.),
Co.
Mines,
Electric Co., 3.8%
preferred (quar.):.——
4.4%
preferred
(quar.)__
Philip Morris & Co., Ltd..—
9
25c
pfd.
$6
1
10-25
I
10-24
11-25
(quar.)
50c
4.3%
Jockey Club—
preferred
Monongahela
Light,
11-
:
Philadelphia
10-20
•
$1.37,/2
(quar.),,
(quar.)
Paper Co
Ltd
(Robert),
Monmouth Park
5%
preferred
10-20
10-31
•
1st
Minnesota & Ontario
Miichelt
1'
common
10-20
75c
preferred (s-a)—,
Philadelphia Dairy Products Go.
10-25
ii
Co
11-15
—
Philadelphia Co., ^'%
10-25
10-31
Minneapolis
———
__
Sherwin-Williams Co. of Canada,
Transport Co.—
preferred
Permanente
of
(quar.)
-$1.18%.:
Rlioads, 4V<% ' preferred (quar.),,
$1.06V4
Mining Corp of Canada, Ltd
.1,—
J
$15c
Miller
10-15
Shirriff's,
pfd., (quar.)
Pennsylvania Salt Manufacturing:—
3y2% preferred A (quar.)_„
'
stockholders
&
10-18
11-15
—
Corp. of America
Common
11- 1
25c
(quar.)
11- 1
5c
preferred B (quar,)
Pennsylvania Power Co., 4.25%
11-
preferred
12-10
$30c
common
Sheraton
32V2C
Co
Ltd.,
Corp.,
12-10
1-3-50
(quar.)____
Co.
10-15
Co.—
4.40%
11-
Products
Power
75c
(quar.)_
(quar.)
Pennsylvania Electric Co.
5
5c
quar.)
approval
&
cum.
3.70%
f25c
:
Reclaiming
Inc.,
dividend
Stock
10-20
Water &
1
preferred
cum.
6%
$1.10
—
Co.
11-
Shellmar
12-10
1-3-50
87V4c
Inc., $3.50 pfd. A (quar.)_
Mining Corp.
(irreg.)
Denn
$1.25
(quar.)
Penman's,
Gas
Mid-West
Shattuck
Shawinigan
1
12-28
31 (4c
11-
Company
Casualty
(New
Telephone
$1.32
,
10-14
10-
3
Holders
Payable of Rec.
7V4c
(quar.),
Sharp & Dohme,
11-15
4%%
(quar.)
$1 cum.
preferred (quar.)
$1.32 cum. preferred (quar.)
f 15c
(quar.)——
Service
10-14
49
1 (4 c
preferred
10-28
Peninsular
11-
11-15
„
—
(quar.)
Consolidated
11-15
Y.)
&-Electric Co.—
preferred
(quar.)
& Pacific Grain, Ltd.
(quar.),
(Del.)
(quar.)_____
Transportation
$1
,,,,,
5%
Resumed
:
preferred
Common
11- 1
$lc
Paymaster
10-11
1
Corp.
preferred
Davis
15c
(quar.)
com.
Co.,
Parke
10-12
1
When
Share
common
$1.25
preferred
(s-a)
Tilford, Inc. (quar.)_
&
45c
__—
*
Bakeries
Michigan
.10-20
California
of
American Petroleum
30c
.■
Assurance
Stern
1st
4%
11-
37 Vic
,,
(quar.)
Quarterly
Michaels
$1.30
10-20
—
Co..
Fire
Public
10-15
11-
25c
(quar.)
common
iquar.)
Stores
Pacific
10-14
11-
11^
1
12-
$1.25
Lighting
12-
11-
50c
Corp.
Pacific
•
10-12
$$1.75
preferred (quar.)
sinking fund series
11-
$50V4C
__
*.
Corp.,
Mercury Mills, Ltd. (quar.)
Meyercord Company (quar.
.
Pacific
$1.75
Inc.
Co.,
.
preferred (quar.),
Merchants
Miles
11-15
75c
(quar.),,,
(quar.)
:
Shoe
preferred
7%
12-
t$l.OOV2
Frank
&
Special
Melville
4%
Ltd.
Mines,
Co.
Stores
common
Company
12-
1
$$3
$50c
—-
(quar.)
Outlet
43%c
,,;—,
(s-a)
Company
Securities Acceptance Corp.,
11-
Co.,:
11 15
50c
,,
MpLellan
preferred
Elevator
12-
50c
Mclntyre
Meier
7%
75c
—
7% pfd.
(quar.)
Quebec Ry. Co.
Ontario Steel Products Co,, Ltd.,
Otis
Per
Name of
Payable of Rec.
50c
50c
&
tlOc
Extra
.
9-30
(1637)
Holder *
When
Share
(quar.)—
B
$15c
(quar.)
(quar.)
Co.
10-15
$1.50
—
Corporation
12-10
10-31
10-25
85c
(quar.)
McClatchy Newspapers,
12-20
Class
Ontario
-
93%c
.
class A
2
Company
United Filters, class A
933/4C
—
Grain,
Class
Oliver
>
75c
Maytag Company, $ti 1st preferred (quar.),,
$3 preference
(quar.)
;
1^
McCabe
1
30c
Department Stores Co., com. (quar.)—
$3.75
preferred (quar.)
:
$3.75 preferred (1947 series)
(quar.)_,___
preferred
10-14
50c
Trust—
May
$3.40
Name of
10-14
(irreg.),
Corp.
(quar.)
Co.
&
Massachusetts
25c
25%
—-
Magnesium
Marshall
10-31
common
dividend
Payable oj Rec.
$$1.25
(quar.)
CHRONICLE
RR.
A
Co.
(quar.)
75c
$1.25
(quar.)
(quar.),
r
1
11-15
11-
11-15;
11-
1
2-
I
$1.25 2-15-50
t
■■
ii■
COMMERCIAL & FINANCIAL
THE
(1638)
50
Tablet &
Western
A (quar.)
Co., Ltd., class
:<quar.)_
—*—
Westminster Paper
B
Class
10-31
10-
10-31
10- 8
prior lien (quar.)
While
Sewing
Machine
•i
10-21
'
Corp.,
Brothers Rubber,—
>
;
Wilbur-Suchard-Chocolate Co.—
$5 preferred
(quar.)—
•
——
Winters & Crampton Corp. (quar.)...
Wisconsln Electric Power Co.:—>,
6%
preferred (quar.)
■—
Wisconsin Public Service, 5# pfd. (quar.)_
Wood, Alexander & James, Ltd.—
preferred (accum.)
Wooiworth (F. W.) Co. (quar.)—
Wrigley (William) common (monthly)-—
Yellow Cab Co.; 0%
conv. pfd. (quar.)-—
York
County
Gas Co
—
Yuba Consolidated Gold Fields
Zeller's,
Ltd., common——
—
5% preferred (quar.)
6%
preferred (quar.)
11-
1
11-
1
10-22
the
11-
1
10-22
15c
;
>
11-15
1
11-
company *
previous
;
years.
1
10-20
15C
11-15
10-19
d$1.50
10-31
10-17
1
10-15
Long-Term Debt—.
/
jj'j If,,;<!•;I^f'."
Matured prior lien bonds-^--^-^--^.;;:';i;;(;:;'i,:,J
5%
11-
$1.25
'
,
II-
$1.25
11-
1
*
.*
5% prior lien bonds due 1955——-—"
1st and ref. mtge. bonds—.—
£
3(4% series due 1965
——_._f$55,000,000
3JA% series due 1966
26,000,000
3 »A % series due 1968__——
1i50,000,000
10-15
50c
12-
1
11-10
11-
1
25c
10-20
10-31
31V2C
10-20
1
10-15
75c
11-
15c
„■
lien bonds due 1953—-—\''
prior lien bonds due 1954
11-
1
10-13
1
10-
1
1
10-
1
137'Ac
11-
1
10-
1
closed for this dividend,
Funds, less 15% Canadian
Canadian funds, tax deductible
resident tax 15%; resident tax 7%.
in
debenture
Less
J- '■■. '■
stock
•Closed
and
General Corporation
(Continued from page
The
the Torrance
the Portland,
both
Besides
14)
refunding
and
first
the
under
^Includes $5,000,000 authenticated
Pittsburgh and
\
'
/
■
Inc.—Quarterly Sales Increased—
Sept. 30—
1949—3 Mos.—1943
1949—9 Mos.—1948
$3,71?,131 $3,691,353 $11,598,296 $10,018,890
■NetUnlit"
"
127:i2u
125.830
449,500
393,750
Drexel
$0.28
$1(?40q
taxes.—V. 170, p. 1499.
share..—
$0.28
and Federal income
per
*
u
This
plans to acquire the
St. Louis Mutual
Car Co., Inc.—New
Alex.
the general offices of the company
from Pittsburgh, Pa., were announced by the company
331.
All' departments
auoved
but
Chicago,
to
plants at McKees Rocks and Mount Vernon
pletely shut down in the absence of orders.
These
ably remain closed
until the railroads come back
ior
cars.
Meanwhile, during the time these two
plants
H.
Cassell,
announced
was
—
in
Stanley
or
in
at any time,' at
part,
the
idle,,
made in
are
of
cumulative
that
stock
net
on
CONSTRUCTION
construction
$53,000,000,
of
the
of
with
Electric
Production"
fitorage
Plant
Distribution
Total
major
plant
14,071,000
Plant
450,000
;
6,195,000
1,032,000
the
company
estimates
that
___
$732,000
20^266,0002,'214|000
$21,225,000
has
been
be expended during the last six months of 1949, and the
portion of the balanee will be expended during 1950.
These,
are
will
be increased
authorized.
As
In
of
the-future
June
30,
as
additional capital expendi¬
1949,
the
company
had
com-
1,645,196
3,918.266
2,774.216
$0.53
$1.56
area
with
has
Jersey
gas
alone
increased
was
an
CONSOLIDATED
Cash
U.
S.
marketable
and
Investments
Special
27%
under
2.000
4,000,
4,000 .
the
12
gas
is
in
which
cancellation
by
-
1044
to
months ended June 30.
the
purchase
gas
on
day
a
ernmental
has
for
maximum
of
70,000 M.C.F.
to
certain
about 28%
86,894,597
55,658,913
—
110,545
;
State" taxes
Fed,-and
713,339
'
-
5,230,696
5,230,696
and
defeired
35,501
1
—
—II—I—I
Z.I
■;
charges
282,667
), J
„
1
34,113,355
32,182,258
381,793
•J
H'k.
taxes
in
1945
other terms
and
day for a
minimum
17.315,323
3.774,095
4.918,689
taxes
1.786,719
1.809.G97
benefit
V460.705
2,732,827
7,151,220
6,842,492
1,500,000
1,500,000
2,009,960
2,009,960
employee
Fed.
and
of
Co.
man
plans
tax
State
reserve
reserves
(Excess
I
;
cash
stk.
IIIIIIIIIIIIIIIIIII
received
sale
on
of
The
credits
stock,
no
par
(issued
value
118,459
Pull¬
book value of invest, therein
over
deferred
Capital
and
\t'
15,896,135
9,000
U0,292
20.569,335
out¬
standing at stated value of $40 oer share—
1949, 2,519,031 shares; 1948, 2,610,531 shares) 100.76(240 104.421,240
Surplus
28,574,535
25,328,777
in
T
tax
(at
*
7
deposit and
<b)
—
formula
dividend
181.495,409 139,636.829
The
of
Pullman
Com-
n,°'nlnal amount of $1. tAfter depreciation reserve
5 1949 and $43,630,884 in 1948. (Subject to possible
and
contingencies and after
nrimtfmSn;
adjustments
deducting
cost
($4,673,200
bTi,°i £1'?,g e pr^miu^ insurance covering eligible retired" employees
sumpd
i
f liabilitv for whose Group Insurance was as¬
sumed h! p!ii!.
by Pullman Inc.).—V.
nf
170,
1086.
p.
Quaker State Oil Refining Corp.
Ne?£aldesEn?;xdneinto-
(& Subs.)—Earns.—
1949-3
1949-6 Mos.-1948
®falfS1' J-—-$10,706,132 $11,779,455 $21,809,356
ortif
J
7.482,489
8,929,877 16,226,672
ceiling, admin, and gen.
expenses
Total
1,313,150
1,188,767
2,469,515
2,300,214
$1,660,811
$3,113,169
$3,623,437
45,156
49,684
83,493
148,440
$1,955,650
income
$1,710,495
$3,196,663
$3,771,877
399,828
324,368
Deprec. and depletionState
income
Net
tax
753,398
40.500
72,500
87,000
492.250
971,000
1,114,250
$853,377
$1,363,659
$1,817,229
927,305
927,305
927,305
927,305
$0.97
$0.92
$1.47
$1.96
tax—
profit
share
per
169,
789,503
47,000
612,000
$896,322
income
Capital shares outstand.
—V.
$24,996,402
19,072,750
$1,910,494
^
profit
Other income
2108.
p.
Queens Borough Gas & Electric Co. —Earnings—
Period End. Sept. 30—
Total
and,
conditions,
$
$
31,521.323
income
on
IIIIII
Other
1949. One of the contracts
a
7.502,335
20,098
other
for
for
Other
373,000,
182,000, and the popula¬
estimated 13.7%
since
of natural gas
12,987
22.044,791
General
was
contract with Transcontinental Gas Pipe Line
subject to the issuance of any. requisite gov¬
and
12,948
9,977,094
contingencies.
Res. for manufacturing and other contingencies
oper.
Operating
1949—9 Mos.—1948
$6,669,296
$9,148,330
$8,647,975
4,221,161
4,221.662
5,652,103
558,189
528,277
756.052
5,538.127
726,317
474,993
____
454,545
628,495
760,898
1,081,889
85,634
140.995
$618,280
$888,796
;
Depreciation
Operating
Income
taxes—-
taxes*.^
.
v.J
Operating income—
Other
income
Gross
Total
(net)
income___^
income
deducts.
805,927
123,776
„•
$702,259"
-34.313
-$736,572-
:*
—v.
income—
519,284-
170,
p.
150b. I
$217,288* "
;r
i 518,400
$136,083
600,477
1.012,558
:
50.004
$775,767
$933,482 -*
691,391
;
■;
$242,091
44,733
$725,763
44,686
36,203
$654,483
-
,
Net
1949—12 Mos.—1943
$6,886,305
revenues
expenses
Maintenance
a
authorizations
...
26,493.591
<
—
i
advances
Federal
for
Reserves
Reserves
for
a
$
181,495,409 189,636,829
Provision
purchased expires Dec. 31, 1956, with a right
Koppers Company at any
time after Dec. 31,
the. purchase,
1948
-
13,457,000
—[
~
_
payable and payrolls
Provision
„
Company, also
Corp.-for
cost
at
receivable
LIABILITIES—
Accounts
firm basis of a maximum of 4,500 M.C.F. of ?
a
minimum of 2C years, and two contracts
for the purchase of additional natural gas on an interruptible basis.
Delivery of natural gas on a firm "oasis started on July 12, 1949,^
and on air interruptible basis on July 20, 1949.
—J.
natural
%•
22,247,288
Total
1951, on two years' notice, and the other expires Dec. 31, 1951.
The company has with Texas Eastern Transmission Corp. a contract '
a
and
expenses
and in the 12 months ended June 30. 1949 the total electric
energy generated by the company exceeded its total sales of electric
energy exclusive of interchange energy requirements.
Company manufactures the major portion of its gas requirements.
It also purchases gas
from Koppers Co. at Kearny, N, J., t'ne per¬
centage so
purchased varying from about 23%
of the total volume
of
securities,
notes
.
in
30
19,250,429
deposits
Prepaid
planned
and purchased
JUNE
I
securities...
•Contingent interesc
(Equipment and property
transmission line; ZT3 connected with the
Electric Co. and Pennsylvania Power & Light
agreements for the interchange of electric energy.
The
produced
SHEET,
29,279,303
Claims filed for refund of
generating facilities of the three companies are coordinated
Conowingo hydroelectric station of the Philadelphia Electric
gaa
stock
1943.
$
Government
Accounts
years
for
BALANCE
Deferred-payment car accounts
Inventories, at cost—
electric
manner
$1.45
2,634,581
•
Other
Philadelphia
a
$1.56
2,561,731
1949
Operating
in
3,774,216
sl.Cl
1.313,565
ASSETS—
was
electricity alone
by
3,918,266
2,645.156
$0.76
1,280.865-
through
Earnings
of
share—
nfYdXno
with
1,905,124
paid
purchased in the cpen market since June 30.
Union Securities Corp
10,000
G. H. Walker & Co
2,000
White, Weld & Co
10,000
Wood, Struthers & Co.— 4,000
Yarnall & Co
1,000
served
income.
net
per
$1.07
51,000,000
SI,000, COO
credit
10,000
—
which
$0.76
share
per
4.604,770
per share is based on 2,610,531 shares outstanding. For the
1949 period, amount per share is based on 2,5J.9,031 shares outstanding,
the reduction
of
91,50u shares having been effected
the
about
3,049,000
$732,000 $52,841,000
the
.
380J0OO
i
—
$37,500,000 $14,609,000
——
♦mounts
tures
3,049,000
...
1,630,553
1,905.124
taxes..
prior to adjust.
Federal
of
Total'
2,530,841
to produce the greatest
advantage
from
the viewpoint of overall operating
costs and capacity require¬
ments.
Company's electric transmission lines are also connected with
those
of
ether
adjacent public utilities.
In each of the last five
$26,932 000
389,000
Plant
Of-this .total,
or. will
Common
$7,002,000
Plant
Transmission
Cteneral
$19,930,000
Gas
6,499.108
1,057,059
income
3,863
27,861.
net Income
by
served
area
company's
System
'
follows;
as
2,702,256
1,358,189
t
•Including cost of interim inventory adjustments.
(Transferred from
reserve
for manufacturing
and other contingencies.
(Deficit.
§This
credit transfer reversed in
year-end audit reducing adjusted consoli¬
dated net income by $0.38 per share.
([For the 1948 period, amount of
$4,990,000.
about
served
of
New
of
steam
30,
1949. the (current
amounted to
approximately
applicable to plant classifications
3,263.314
p;f
income
&
Stroud & Co., Inc
Spencer Trask & Co
Tucker, Anthony & Co...
"
4,000
1,000
BUSINESS—Company,
AND
that
under
Co.
June
company
32,858
1,000
Corp.
4,000
Co
the
of
The
proceeds
PROGRAM—As
program
13,536
Adjusted
time.
lines
of the
will be added to the general funds
of the company and an amount' equal to the total par value of the;
new
preferred stock will be set aside
in a special account from
Which account disbursements are to be made solely for construction.'
PURPOSE—The
2,000
1,000
(Inc.).
Co
Co._J.__
&
territory
of
that
make
application
to
list the
the New York Stock Exchange.
to
proposes
-
preferred
10,000
Weeks
&
aggregated
gas
tion
not
LISTING—Company
4.08%
&
Miller
2,877,000,
less than 30 days' notice, at $106 per share on
or
before Sept.
30, 1954, at $104 per share thereafter but on or
before Sept. 30, 1959 and at $103 per share on or after Oct. 1, 1959,
(plus dividends.,..";'' •' iV':..
'•
J.-'
upon
company,
8,537
(net)
income
[[Earnings
the company includes a highly diversified
industrial
area
including
such
industries
as
chemicals, iron and
steel,
electrical
machinery,
food
processing,
textiles,
non-ferrous
metals, assembly plants, and pharmaceuticals.
As a result the com¬
pany is not dependent on any one type of industry for its industrial
sales.
During the 12 months ended June 30,
1949, industrial sales
to
its five largest electric consumers aggregated $3,777,965 and
to
its
five largest gas
consumers aggregated
$782,280.
The area served by the company includes most of the larger cities
in New Jersey as well as many smaller communities.
The population
in
1940
of the
area
now
served with both electricity and gas was
& Co., and
option
(138,817
Dividends
incorporated in
Jersey July 25, 1924, is an operating public utility engaged pri¬
marily in the production, purchase, distribution, and sale of electric
energy and manufactured gas in New Jersey.
It also sells electric and
gas consuming appliances and by-products of the manufacture of gas.
Of
the
company's operating revenues of $173,218,960 in the 12
months
ended
June
30,
1949,
$126,850,637, or about 73%, were
derived from its electric operations and $46,368,323, or about 27%,
were
derived from its gas operations.
During that period its gross
profits from electric and gas appliance sales (net sales less cost of
appliances sold)
amounted to approximately $738,000 and $555,000,
respectively, and its gross sales of by-products of the manufacture
&
whole
in
Co.,
&
Co.
&
COMPANY
Co., jointly headed an underwriting
group that offered Oct. 19 250,000 shares of 4.08% cumu¬
lative preferred stock (par $100 > at $102 per share and
accrued dividends. The issue has been oversubscribed.
Redeemable
3,323
(Adjustment
New
Preferred Stock
—
2,000
2,000
Corp... 10,000
TaykK & Co.____„
1,000
Kebbon, McCormick & Co.
1,000
Kidder, Peabody & Co
10,000
W. C, Langley & Co.—
4.000
Lee
Hlgginson Corp
4,000
The
Co., Drexel
&
2,000
Kean,
Jr.,
Forgan
Glore,
Hall
Illinois
The
*
Co...——
&
Hutton
E,
W.
Co..
Corp.
&
Pont
du
Securities
Hayden,
on
Morgan
265,983
(140.235
investments
&
Earnings
Curtis
—
—
4,000
R. W. Pressprich & Co— 4,000
Putnam & Co
1,500 ;
Julius A. Rippel, Inc
.
1,000
Riter & Co
2,000
Salomon Bros. & Hutzler. 4,000
Schmidt, Poole & Col-— 1,003
Schoellkopf, Hutton &
Pomeroy, Inc.
2,000
Chas. W. Scranton & Co.. >1,500
Shields & Co
4.000
Singer, Deane & Scribner.
1,000
Smith, Barney & Co
10,000
Stone & Webster Securities
4,000
1
Harris,
Named—
Service Electric & Gas Co.
Public
Offered
Co._____
Ripley
be
has been named Director of Public Relations,
Oct. 18.
He will make his headquarters in the
company's
offices
at 230. Park
Avenue, New York City.
.Until
recently Mr. Cassell was a member of the staff of "The Wall Street
Journal" in New York and in Pittsburgh.
He is a member of the
New
York Financial Writers' Association.—V. 170, p. 792.
James
&
Boston
14.
locations.
Public Relations Director
&
Inc.<
have been com¬
plants will prob¬
Into the market
rearrangements of plant and equipment are being
" i. " .'j •,
2,000
1,500
4,000
2,000
1,000
Co
Harriman
to Chicago,
has
The
1,000
First
The
carbuilders.l
It
1.
Equitable
Hornblower
company
2,000
Co.
Dominick
&
Estabrook
plants In McKees Rocks, Pa., in Chicago, 111.,
and in Mount Vernon, III.
v
For a number of weeks carbullding activities of the company nave
been at a standstill due to the lack of orders for freight cars.
[In
.September orders for only 123 cars were placed with the nation's,
both
Collins
Francis
tomers.
aiecessary
Dodge
Dominick
18 months ago sales activi¬
ties of the company were consolidated in Chicago in
an effort to,
effect economies and promote greater efficiency,
It
was
stated that from the experience gained by that move it
■was
felt
that still greater efficiency could be realized by
moving
ether office departments to Chicago since that city is most centrally
located in relation
to the company's three plants and to its cus¬
The
4,307,050
225,360
Net inc.
1,000
1,000
The Ohio Company
Paine, Webber, Jackson
1,000
.
&
&
Julien
pointed out that approximately
was
6,379,706
139,374
Total
1,000
2,000
1,000
Maynard H. Murch & Co.
W. H. Newbold's Son & Co.
Co.,
Co
Coffin & Burr, Inc
Pittsburgh.
It
&
Republic Co. (Inc.)
Clark
W.
1,000
10,000
—
Sons..^
&
Carroll
Clark,
elected
on Oct.
the Koppers Building in Pittsburgh will
the company will maintain a sales office
in
now
Brown
Central
E.
1,000
Simmons—
-
W.
Lee
Director Elected—
moving
for
Plans
the
Merrill Lynch, Pierce,
Fenner & Beane
10,000
The Milwaukee Co
1,000
Minsch, Monell & Co.—
1,000
Moore, Leonard & Lynch.
1,000 *
1,500
Co._(
&
&
Inc.
^director#
s6
Blair
Ellis
Blunt
O. R. Jackson, President, announced.
of both companies have approved the merger,
tout consummation of the deal must await the approval by three State
Insurance Commissioners, Mr. Jackson said.
According to the merger proposal, the Postal company will take
over
for reinsurance the $15,000,000 of life insurance in force of the
fit.
Louis
firm
and
will purchase all
assets, which total about
f3,700.000. * Postal Life has $24,000,000
of Insurance in force and
total assets of $4,528,000.
;•<[•*:
>C
Steel
2,000
Blyth & Co., Inc
Bramhall, Barbour
stockholders
Pressed
Co. Inc..,
&
Whelen & Co
William
Life Insurance
3Tirm Plans to Move General Offices to Chicago.
Major General John Hilldring (U. S. Army, retired) has been
2,546.021
127,394
Misc.
2,000
Co.
MacBride, Miller & Co.—
Laurence M. Marks & Co..
McDonald & Co
16,000
'
963,557
3,267.617
investments.
from
assets
Shares
"
2,000
1,000
2,000
Becker
G.
Biddle,
Co., St. Louis, Mo.,
The
first and refunding mortgage.
the trustee and held by the
Dy
16,000
_
W. Baird & Co., Inc.
Robert
City, Mo.—Merger
■1'
''"
'
*
company
Co
Whipple & Co.
Bacon,
A.
Casualty Co., Kansas
Postal Life &
&
Glore, Forgan & Co.A. C. All.vn & Co. Inc
4.214,653
431,562
2,156,062
Inc.
Carl M. Loeb, Rhoades &
16,000
Stanley & Co
Morgan
122,410,550
1,023.081
4,819,016
510,908
2,514,521
Operating profit
a
the
of
names
61,761,154*130,152,137
depreciation-
for
Federal
shares
of
sales
charges
61,550.523
sold—....
services
$
$
and
products
Sell., gen. & admin, exps.
Prov,
underwriters and the number
to be purchased by each are as follows;
No. of
''/■
" No. of
UNDERWRITERS—The
Plough,
•After
of
66,944,820 142,373,942 131.895,812
Gain from sale of fixed
authenticated by the trustee and held by
$11,596,000
[[Includes
$
67,843,569
revenue—
•Cost
1949—6 Mos.—1948
3 Mos.—1948
1949-
$
Gross
company.
and the company s Portland, Oie., Plant®Ore., unit, the company also operates paint
Period End
Darnings
(& Subs.)- -Earnings, Etc.—
company.
Shares
Net
under
or
13,904,720
income
170, p. 1400.
Pullman Inc.
mortgage
19,596,470
5,691,750
15,014,660
deductions
Period End. June 30—
or
pledged
are
Newark,
of
prior lien mortgage.
(Unlimited except as provided in said
will contain the company s
Detroit, Dayton, Milwailkcc,
Pa.—V. 170, p. 1499.
at
Sprlngdale,
plants,
6,057,386 shs.
5,509,112 shs.
bonds by the first and refunding
19,464,439
132,031
22,326,323
7,311,663
income
Gross
-V.
1,098,321
21,228,002
r
income
Income
of matured or unmatured priorscrip which have been reacquired, and $2,774,989
unmatured prior lien bonds or scrip for the payment
of which cash and U. S. Government securities are on deposit with
the trustees.
Of the aggregate, $16,556,950 of such prior lien bonds
matured
of
Los
Angeles lacquer plant, which will be moved Intact from ^js J? re sen.
site,
15 miles from Torrance. It will also contain a gas-fired resin
manufacturing
unit,
which is expeded to supply enough resin
lor
Other
and
bonds
lien
Pittsburgh Plate's house,
line of
plant will produce a full
and automotive paints. It
new
industrial
.
1948
1949
127,259,929 $124,840,416
106,031,927 105,375,977
deductions
revenue
operating income
Utility
20,000,000 shs.
issuance
further
for
stock of
and 99.86% of the outstanding capital
Newark, N. J.)*.;!i';%
j
':Jv J
revenues
Operating
6,057,386 shs.
_
,
par)
(of
Inc.
$
Operating
Net
(no par)
stock
com.
(no
■
mortgage of the company.
(These columns exclude $35,242,011
Investment News
.
series..
to
as
prefer,
div.
$1.40
Common
Co.
Ferry
Cab,
Nine Months Ended Sept. 30—
53 shs.
250,000 shs.
—
;
COMPARATIVE STATEMENT OF INCOME
50,000,000
26,000,000
10,000,000
;
53 shs.
250,000 shs.
249,942 shs.
-
series
Unclassified
J.
v
_—
series
4 08%
Yellow
7,462,900
7,537,800
50,000,000
18,195,000
372,000
debt due 1962 (5%)
Cumulative preferred stock ($100 par)
owns all the outstanding capital
stock,
qualifying shares, of Public Service Coordinated
Transport owns all
the outstanding capital stock of
Service Interstate Transportation Co. and The Riverside and
directors
Lee
Fort
9,040,500
7,742,900
50,000,000
18,195,600
372,000
long-term
for
Commission
Power
Transport.
15,000,000
15,000,000
—
commence prior to the
Pipe Line Corp, on Sept.
SUBSIDIARIES—Cpmbany
except
75,000,000
2037—
2037
bonds due 1963
bond6 due 1998
debenture
7%
Income tax.
3% Wisconsin dividend tax.
30% Jamaica income tax.
<1 Less
x
due
Miscell.
Less British
a
series
series due
Gas
-
15,000,000
15,000,000
-
——
will
line
pipe
Federal
the
Public
75,000,000
1972—
due 1979
6%
non-residents
at the source. Non¬
U. S.
m
(Payable
1970—
due
series
3%
books not
•Transfer
due
series
27/»%
8%
1111-
scries
3%
150c
131'AC
3%
5%
tPavabie
fall of 1950.
9, 1949 applied to
authority to increase the delivery
capacity of its line from the presently authorized 340,000 M.C.F. per
day to 505,000 M.C.F. per day. Company filed a petition on Oct. 14,
1949 to intervene and be made a party to these proceedings in order
to be in a position
to protect its rights under its present contract
wih Transcontinental Gas Pipe Line Corp. if, during the proceedings,
it shall appear that such rights may be affected.
this
Transcontinental
,r,,'C /,
$9,298,000
1,652,000
157,000
natural gas to the company
that delivery of
is not expected
It
1949.
Outstanding
prior
shall have constructed and put
from Texas to points along
the pipe line began in May,
corporation
Eastern
from
FINANCING
PRESENT
Authorized
5%
($1.75
7%
TO
EFFECT
GIVING
SECURITIES
CAPITAL
such
when
years,
operation a natural gas pipe line
Seaboard.
Construction of
the
Jan. 1, 1947 to June 30, 1949,
to its utility plant account of
additions after retirements).
The
a continuation of this program of
;; :v--.
;r'j; !'-.
$111,000,000
($102,000,000
net
current construction program
is
20
of
2\'% year period from
made gross additions
the
During
$1
50c
50c
—
Monday, October 24, 1949
into
program
company
t
common(quar.)— —
preference
8
--
4%
fa prior
Whitehead
I-3-50
Erie By—
Wheeling & Lake
12-15
$1.25
tl2»/2C
(2%sC
connection
aggregating approximately $13,500,000.
believes that no additional financing, after the sale
of the new
preferred stock, will be necessary in order to complete
the
above construction
program.
However, when additional capital
expenditures are authorized, it may be necessary for the company to
resort to additional financing.
"
this
with
The
——-
in
contracts
construction
uncompleted
under
mitments
,
Payable of Rec.
,
(quar.)
preferred
5%
Hol&ere
When
Per
Share
'
Stationery Corp.—
of Company
Name
CHRONICLE
i
690,778
$34,989"
Volume
ECA
Communications, Inc.
.
amended
An
labor
...
6 Months Ended June 30-r-
corporation
this
between
agreement
and
Total income
the
CHRONICLE
FINANCIAL
.
,
.
51
placed in operation in March and April, 1948,
31, tbi". vear.
Its construction brings the total
the Edison system to 1,728,855 kilowatts.
The
company operates a total of 29 electric power plants—24 hydro-electric
plants, four steam stations and one diesel plant.
third
the
and
were
Aug.
on
generating capacity of
$4S'^i
—-
...—
(1639)
generating units
1948
„
$3r7
$348,464
—
_
10iai expenses
CIO. was announced on Oct. 18.
Communications Association,
&
Selected American Shares, Inc.—Earnings—
\.
1949
Signs Amended Labor
—
Agreement—
American
COMMERCIAL
THE
Number 4849
170
$273,538
...
v
"
The
of-
The
the
corporation
employees
which covers approximately 1,700 employees
the continental United States and Hawaii, is
agreement,
except
in
Cash
income
dividends
wiliNreceive 1a5weeWvdwageSincrMise
receive a weexiy wage increase
,
npriod _v
Proiit oi $4,b22 in tne 1948 penoa.
after
crease
or
(equal
to
15
cents
6
service
of
more
years.—-V.
hour).,
per
will
receive
170,
Period End. Aug.
America
Earnings
America.—i^armngb
Total- oper.
Total oper.
1949—Month—1948
$106,701
• $112,502
112,275
106,462
31—
revenues—_s
expenses-—,
Gross
Deducts,
from
4,224
—
3,459
.
38,822
TTm
Extraordinary
Extraordinary
$390,127
$10,907
$15,572
income_
incomeincome—
ordinary
income
Net
'
•
!
:
..4
inc,
~~~
-_
_^
..
,,
„
•Deficit.—V.
*
-
170,
">
:J
cSfcat
$390,127
150,000
p.
$240,127
.
'
_.
Etc.—
V.
170,
last
29,
4
.--•i-'-'/v
'v.
RiavniiW
Kayoniei. inc.
Robert
by
l\ew
of
New
York
Estate
purchase
of
price
appliances.—V.
electric
113,
announced
— ■
,On
cents
holders of
Oct.
the
of
November
to
TTctiol
dividend
15
that
has
„r
1 V/srttiifivjff
vAufflw
x.
firm
fnm
Rnhincnn
Robinson
Ibt,
>hp
the
k
is
p. .ia-'bi..
nf
11 co
airline
airline
i RtP
18th
-
/r
of
the
n:i„
xr
Ruppert, N.-Y. City
A.
Katz,
in
company
,k,..J?resident.—V.
who
170, p.
;4-.4
44
10,
Canadian
if
r>
.
20
due
and
payable
income
credits.^
A...-C
I
BvoeWunf
Vice-President.
a
the
of
Manager
r,:„„
„
elected
d6Gh
as
r»_.
,T
.
Central
p.
v,oc
Uc
He
i\
0f
1, 1954.
note of Nov.
"
and
Federal
income
c«r«ori
the
per
&t
end
Co.
—V.
ended
n.
10,
cutj
sale
in
$1,184,235
987,160
2,813,387
15,788
16,576
41,502
44,790
64,861
175,958
170,668
21,500
51,500
74,407
166,141
taxes—
$34,964
—
67,699 'C
'
$84,210
$239,545
;•
r
.
which
v-
,
"
.
oil
and
cf
1953
in
March
on
fi.
10
170,
.
10
p.
which
is
„
and
nf
be'
uest
a
1:19 e;nn 000
-4
1949.
R.
has
;
.
-
recently.
invoived
The
about
print
retain
dency
better
mills
six
his
of
than
and
170,
new
V.
p.
828,674
749,903
1,634,912
170,
•$8,500
1402.
p.
is
to
offered
be
for
by amendment.
Three
t-h*
Co.
Proceeds
by stockholders at the
right of over-subscription
a
purchased.
so
terms
of
the
and
like
a
financing
will
amount
be
added
to
funds
$1,000,000 of such
will
then
bank
of
o
IVIcJVIccKiii,
"
supplied
notes
issued
general
be
to
funds
used
for
of
the
the
pay¬
finance
in
part
balance
of
the
w..,
,
the
pro¬
,,.,
output
this
of
company for the week ended Oct. 12, 1949,
compared with 3,260,000 kwh. for the cor¬
a decrease oi 9.1%.—V.
170, p. 1537.
2,963,000 kwh., as
responding week last year,
,
riio4,?
Pie.sidenu,
>
be
Weekly Output Decreased 9.1%—
Electric
totaled
Fergus Falls,
.
to
are
firms,
1947-1951 construction program.
The
will be applied to the
construction ^program.
ceeds
Southern Indiana Gas & Electric Co.—Trustee—
May Increase
—
SEC
stock
Boettcher & Co. and Bosworth,
Sullivan & Co. of
Denver, and Hutchinson & Co., of Pueblo, are named
as principal
underwriters.
The underwriters will purchase shares not
acquired by stockholders. - <
r
wr
f«1k
Cn
the
subscription
held, with
Colorado
with
common
.
>
^
„nHfjr.otinn
aisciosea.
.
better than the average since
The
•,
Bankers
trustee,
Trust
paying agent
Co.,
and
New
York, N. Y„
has been
appointed
registrar for $7,500,000 first mortgage 3%
bonds, due Oct. 1, 1979—V. 170, p. 1402.
^
Southern Natural Gas Co.-pEarnings—
12 Months Ended
Operating
Gas
Sept. 30—r-
revenues
purchase
Other
•
:
m
Interest
costs
depreciation and
taxes—
other
.
#1948
.,
10,015,839
7,517,295
$5,396,610
income
and
14
f
1949
$22,265,068 $17,052,995
6,852,619
5,009,017
—
operating costs,
Operating
1931. 4
million
Net
stated.
Income
Number
$4,526,683
deductions—
1,088,013
661,547
—$4,308,597
of
—
$3,865,136
shares
common
^_!
on
for
^gui^ion
On
present
On
—V.
to spend $34,000,000 in the five*years from
expansion, he disclosed. The program will be fi1950, 1951
shares
"
capitalization———
outstdg.
bp
nhtflinpd
°e ol3tained
from
intprna,!
including
soin'c^
lrom mtemai souic.3,
natural
,s
anticipated
In
mciuamg
the
de«*
company's
in
the
the
Lowenstein
M.
Anderson
physical
Guntersviiie,
the
to
in
mills
p.
the
on
262.
a
10%
Southern New England Telephone
Period End.
Operating
Aug. 31—
oper.
rev._
Operating revenues—
Operating expenses
Operating taxes
$4,333,537
&
Sons,
Ala.,
Mil],
Cotton
properties
was
Inc.,
of
it
was
the
includes
$1,933,176
2,033,218
1,397.954
$i-30
May 18,-1948.—v.
earnings
170,
p.
of
to
prior
to
ac-
1537.
84,517
expenses
Operating
taxes
.
sale
Mr.
to
time
'
15.
'
have been closed
consisted of fine
Indicated that he will
Abney
production
Abney
Anderson
Oct.
Mr.
.
has
mill.
He
assumed
("American
Wool
the
and
Presi-
Cotton
oper.
65,408
652,666
512,017
20,039,417
Gross
—V.
earnings
170,
.
Jan. 1 to Oct. 14
1948
1949
1948
p.
$5,091,544
_
$6,353,709 $223,383,098 $257,349,109
1537.
Southwestern Bell Telephone Co.—Sells Stk. to Parent
On
to
Sept.
the
30,
this
American
share.
a
&
increased
money
170,
soid
company
Telephone
This
The
parent.—V>
used
was
850,000
Telegraph
the
number
to
unissued
common
shares
Company,
its
of
outstanding
repay
shares
advances
parent,
made
by
at
to
the
1537.
p.
vately—See Salt Lake Pipe Line Co. above.—V. 170, p;
1438.
*
;
income '—2.274,241
1.658,193
17,288.968
11,366,746
Standard Oil Co. (Indiana)—Declares Stock Dividend
14,324,879;
Net aftqr charges—1,899,798
—V. 170, p. 3 402.
*
1,278,652
13,938,259
8,013,854
,
Southern California Edison Co.—Redondo Beach Station Placed in Full Operation—
.
a
The
.•«'
,,
,
steam-electric generating station at
BeactJ iCalif.) has been placed in full commercial operation
comPanyA, $38,800,000
fourth generating unit increasing its capac-
^ to 280,000 kilowatts, it was announced on Oct. 14. Work began on
ttie Pr°Jecfc in August, 1946, and the first two of the stations four
directors
on
Oct.
of
50
of
Standard
Oil
Co.
Standard
Oil
Co.
of
will
,
.
a
3,460,351
Earnings—
Week End. Oct. 14
14,542,128 125,985,519 112,330,098
1,967,713
wMi the completion of
436,411
1196.
18,168,034 163,313,904 138,021,723
2,587,655
■
$4,145,593
481,917
$4,425,909
3,610,478
Standard Oil Co. of California—Unit Places Loan Pri¬
16.299,226
—
3,229,754
$529,892
Southern Ry.—Estimated Gross
19g49~8 Mos-—1948
21.161.122
revenues—
operating
3,529,883
charges
170, p.
$1C0
13,233,442 163,966,570 138,533,740
21,245.639
have
reported
after
25,036,312
393,043
$578,961
income
oper.
$32,411,659
414,712
$.89
subsidiary
1949—Month—1948
reventtts....
mills
.
that
to,
Net
—V.
1,567,921 common shares outstanding Aug. 31, 1949, after
preferred dividends.
tAs reported by company on a
d
Co.—Earnings—
$4,183,363 $33,572,207
3,260,428
25,616,415
3,339,864
1949
$2,559,308
———
Uncollectible oper. rev:.
Net
$2.74
1949—Month—1948
1949—8 Mos.—1948
$4,342,986
$4,193,413 $33,646,032 $32,469,877
9,'449
10,050
*'
73,825
' 58,218
revenues
Uncollectible
3,362,414
1,429,238
Southern Bell Telephone & Telegraph Co.—Earnings—
Operating
$2.77
—
dividends
share
Period End. Aug. 31—
h
$2.48
'
ut end of each period
ae
OF EARNINGS
1949
+1948
$19,686,689 $18,246,710
4,214,822
3,323,583
—
preferred
bas
Operating
$2.77
expects
4,150,000.
v;
1,409,212
■
,
170, p. 1537.
•
through the sale of $10,700,000 in bonds in
common
oru
1,555,399
Earned per share:
31,
.—4,239,898
1,680,590
after
forma
1402.
$750,000.
up
156,
by
of
of
specialties.
interest
the
Reporter.")
Sale
and
involved
months;
cloths
sold
been
Aibertviiie
at
2,199,237
$90,324
stock
company
ment of
^
are
company.—V.
Vice-President
Abney,
announced
1948
$4,575,552
1,797,518
subject to allotment, with respect to shares not
The subscription
price and
-4
four
on
income
per
Saratoga Victory Mils, Inc.—New Control—
located
pro¬
1949
;
Net
allpwing
.
J.
tax
2,411,010
underwriting
of 1951, and this is expected to effect
company's manufactured gas costs, he revealed.
.:^?Based
9
.hi
Salt Lake
company
income
$5,127,526
—
expense.
rate of one share for each three
>
by the end
in
Net
is
This
applicable
Southern Colorado Power
Co.—Registers Stock—
to
tQ
Aug. 24,
r
Gas
&
C«
almost 50%
600
part
^Earned
„tTh®mrP„3nyj,lli^^,,t,nir^y.,fr0.Lr^CBS^0rvirl,!.lrTt,,]eHB
into Sle A"1lic ?lSorZe.t! yThe s^S ol the line tofm SaH Lake:
C1myh t0mB?Sie.' guaranteed by the Standard Oil Co. of California which
.if.arh„nV.IiUhv0fh.a«fnH?rHteni,$?.n^
The ioan
<
less
The company Oct. 17 filed a
registration statement
proposing the issuance and sale of 170,336 shares of its
(no par).
DividpnH
986.
,..fpr
o
Electric
s
will
Surplus
..
guaranteed by Standard
Oil Co. of Calif. The notes were purchased by the Equitable Life Assurance Society of the United States.-
the
$1.24
>
402.
p.
company's
Si
McMeekin
Gross income
interest,
etc.
.
."■*
including Oct. 1, 1960,
controls
$0.48
.
payment,
170,
^
Privately—The
has placed privately through Dean Witter &
iccnp
**4
$982,315; 1948, $587,774; and depre¬
$330,087.
tNet capital mineral income
1948,
dividends, depreciation, etc.—„ 1—
•Deficit.—V.
is
there
Cct
Paqh
^0
$482,104
70*^ nromissorv notps
Co, an issue ot ^iz,ouu,uuu z./u/<? promissory noies. Thp
ine
notes payable semi-annually begming April 1/1951 to
an
2,454,484
$2,982,776
Surplus
.
CONSOLIDATED STATEMENT
12 Months Ended Aug. 31-r~
Operating
revenues
—i,
Net after depreciation, Federal tax, etc.
3,302,796
Salt Lake Pipe Line Co.—Notes Placed
fn
2,982,776
$3,190,042
year—
—
Taxes
4
"
company
the
of
taxes—1949,
$136,000).—V.
Interest,
1939,
on
!
Aug.
company
to
territory
1949—12 Mos,—1948
$3,368,158
$4,189,407
792.
170, p.
$528,292
12 Months Ended Aug. 31—
>
™.»,"*nc®
p The al.rival
Earnings
427,808
depletion—
income
364,000
$207,266
share
common
excise
of
of
The
made
lc&st
nphp
com-
;
Net
84,000
$164,292
—_
earnings
Operating and maintenance
and 1952, and by the sale of $3,000,000 of equity securities in 1950
and $3,000,000 of common stock in 1952, according to present plans.
890.
$541,562
& taxes-
charges—4
Deprec.
268,203*
130,000
income
Gross
applied
1949,
1,
Nov.
^
10% .—v.
Carolina
Mr.
The
served
xis-S
District'of
®
1949—3 Mos.—1948
earnings——'
expenses
Interest
taxes—
$207,266
surplus
r
Ueciares q>Z.OU Uasn Dividend
4
company's
tions
1949
Period End. Sept. 30—
Gross
$516,495
236,498
State income
Southern Canada Power Co., Ltd.—
-Earnings-
-
hydro-electric generating plants now in operkilowatt-hours of electricity in the 12
1949, against 356 million kilowatt-hours for
the steam plants. This compares with an average hydro-electric output of 480 million kilowatt-hours in years of average water condi-
66,793,087
4 2,120
138
135
St. Louis, Rocky Mountain & Pacific
Cost,
45,012
—
^
and
___
at
934
26,210
$573,764
—
special mineral inc. transf. to surpl.
surplus at beginning of the year_
(proceeds
.
also
were
produced
nanced
pany-s Multiwall Bag Sales Division.-V. 170,
'
4,958
2,683
&
•Including
Nov.
d
TWlarpc
To,
^
diVi<iend
Rv
The
.
years
payable
Broadway's
Proceeds will be used to retire bank loans,
months
,\;44'44-'4-
tv„«r
Douglas
»w.
some
5,958
received——
ciation—1949, $350,613;
1,602,725
has
Co.),
h,
atlon
■
,
1,745,889
American
North
of
715
p
in its history. and
St. Regis Paper Co.—New Vice-President—
for
329,586
CO.-—
—
interest
mineral
inc.
Earnings
Belore ■ raising the dividend, however, f;tlle compahy \va,riW ti> build
up itg
financia« structure so' thqt a hlgher dividend can be ..main-?•
tained in the face of bad water conditions, he added.
r\4'
The company is presently paying 15c per share each quarter oh the
4
74,413,090
2,051
8,246,125
7,723,845
in U. 8. at end of period
operation in Canada (end of period);
120
stock
rcitiftiii
~
$
4;
87,285,083 847,905,612 904,105,328
sales--*.—
1196.
Development
income
Earned
Common Dividend Next Year—New Financing Planned
.K" S S't/ JS
organization.-
4$
Stores in oper.
'■*
$136,005
80,058
leases:
&
charges
Earned
promissory note of $1,250,000 dated Nov.
holds
now
balance
Oil
South
1949—40 Wks.—1948
$
$
83,760,671
sales_________
p.
renewal
Hanover
stock
Minn.
Off 4
Ciaipo
1949-—4 Wks.—1948
Domestic
—V. 170,
11,610,355
$458,854
■
■4.4>4,'4--;,.4;
in
14,288,003
expenses—.
—
years
TWiPctir
Inn
Period End. Oct. 8—
Stores
52,209
income
Net
common
stock, the last payment at this rate having been made on
has been sales agent
Oct. 1, 1949.
44
States, has been elected ViceThe company expects to earn $1 per share on the basis of average
■4:44v4'>44
444 4-water conditions, Mr. McMeekin predicted. He emphasized that water
: y." 4-..'
' - • conditions in the 12 months ended Aug. 31 were the second best
14
Oil
and
tSpecial
;
,
w
04C-—
Mores, inc.—uomesuc oaies mjix t.ut /o
Safowav
&ar .way
(subsidiary
a
n
^New Vice-President—
for the past
New England
the
828,780
JJ,5i00 shares <J5 PaD C0/3PrWrUpr
oI!
-if Jui
^ h!nif in?n
,
4.,;.,-
Ulxr
n
fijacob)
mineral
Provision for Federal
1949—6 Mos.—1948
_
nri
^
Herman
Gross
Income
,5"6484° $1'82$2398! $3'42$5755 $3'77$76712
$0.84
$2.95
$5.55
$6.12
^
aifiinp
nwn
th« ■ orffanizatioii
the
operating
operations
Miscellaneous
J1he ®oitnpany oin Dct 12 f lea a le^tter of nottification with the SEC
.
4 ;
IncT-
fhoii
mnfci
loin
join
tn
to
188,114
$14,746,858 $11,752,360
a-
leases
Net
Smith, Inc., Fargo, N. D.—-Files With SEC—
corporation haa become a stockholder In Air Cargo, Inc.,
organization which performs ground services and speeds movement
Th'/
212,809
—
'
the balance due and
with
4 4-
.This
The
and
Other
$23,263,914 $24,819,778 $57,079,305 $51,274,263
costs__
21,002,162
20,519,849
48,522,044
42,446,827
amortiz.
511,769
449,406
1,018,959
911,813
& gen'l
'
•
corporation
per
Robinson Airlines Corp.-Joins Air Cargo,
benefits
——
Shore
JSS *£&
$1,256,250
one
...
t
from
Dividends
In 1948,,.the. company paid two cash dividends of $2.50 each and
Dixr
been
customary $1
the
sales
from
South
vision
each in
declared the usual semi-annual dividend
the capital stock,
payable Nov. 15 to
This is at the same rate as previously paid.
21.
Nov.
so
of
Income
reserves
The directors on Oct. 18 declared a cash dividend of $2.50 per
share, payable Dec. 12 to stockholders of record Nov. 9, 1949.
A
similar distribution was made on June 2, • last.
Payments of 10%
rluiaaeipniar—usual div.
advanced from Deqemshare for the.calendar
year will have been paid prior to the special meeting of the stockholders
to
be
held
Nov.
17,
1949,
to act upon the merger with
Fire Association of Philadelphia recommended by the directors
(see
latter m v.
no
p.
1494I.-V. 170, p. 1195.
ber
1949—3 Mos.—1948
850,238
SUellv
directors
share on
per
record
Payment
?
the
Oct.-.14,
50
loss
'
—
&
hearing—V.
■
of
and
$11,512,037
allowances,
revenue
—
Profit
(& Subs.)—Earnings-
-placed^ the n„ not^
abdut 80%
This 55-ycar old firm manufactures
floor polishers and other household
4444
,4"-v
■4;';
v;Cf:44''7'r:
4.44
4
01
$1,499,940
originally issued in the amounted of $2,000,000,
brooms,
Reliance Insurance Co.
•Cost
$23,110,352 $24,665,796 $56,691,470 $51,017,046
income
153,562
153,982
387,835
" 257,218
etc.,
centrai
■
^
1
1897.
p.
Total
em-
are
reserves
1948
$14,504,289
29,760
freight,
———
and soil
crop
Miscellaneous
Selected Risks Fire Insurance
policyholders' surplus was put
of
1949
deducting
re-
the
while
Corp.—Earnings-
July 31—
(after
discounts)
Federal
the
to
approved a
plan for their
insurance
:
admin.
$6,250,
_
it is
not revealed;
was
cleaners,
vacuum
addition
986.
p.
1> 1949- bearing interest at 2Vs%, payable in monthly installments of
'
11 announced that
Oct.
on
Premium
End. June 30—
int.,
The
.
stock of tnis corporation has been acquired by a group investois, headed by David Berdon and Jay Levine, from
the late Alfred E. Norris and associated interests.
The ;
capital
the
President,
Mead,
P.
the
life
■
.
Bank & Trust Co.
J.-New Control-
Regina Corp., Rahway, N
Lannon
in
have
to the SEC for authorization to execute and deliver to Central Hanover
a
of
be
60 Broadway Building Corp.—Note Issue Renewal—
Mftr
Lingelbach has been elected Secretary,
Bartsch, President.—V. 170, p. ;1401.
L.
Edward
will
••Including materials, wages and salaries, property taxes and other
expenses.—V. 169, p. 1997.
t
.
4
Sprrptarv Elected—
oeucwiy
Npw
Imp
in-
,
4.
44/44'/4
;
will
sales
and
stockholders
and
company
$5,241,410,
L-aSSg&'XS
Earnings per share
year,
1500.
p.
4
its
group
expenses
the company paid a quarterly dividend of
20 cents per share, an extra of 40 cents per share and a distribution
Of 30 cents from gains realized on sales of securities.
The quarterly ;
rate
had been-increased
from 20 cents to 25
cents last April.—
Oct,
On
1,
Nov.
Years Ended
Net
5,000.
«
share, against $1.70 paid in 1948..
per
$1,747,072.
Selling,
issue for tli!|: year
total payments on this
brings
This
1949,
21
$1.75
and
this
at
Total income
•Manufacturing
»"gSS
to
listed
Depreciation
;
paid
This
18.
South Coast
,
each
for
„
'
c
1086.
be
announced
plan
of
assets
Period
$234,9lf
Railway & Light Securities Co.—Extra Divs.,
Oct.
income
were
Divs.,
"
to
Oct.
on
share
one
Gross sales, less discts.,
etc.
;
$397,917-4
163,000
' :
$9 572
1
also
gjiaron gteei Corp
..
-*
.
announced
was
of
dividend
170,
M
.
$6,907
6000.-
it
stock
a
shares outstanding by
dividend,
company
Total
.
"
Warne^Lrrdus^ t0
■"**. lines, and district office buildings.—V.
.
ployees, effective Nov. 1.
>
$10,907
4,000
$15,572
-
"net
from
tirement
$396,864
Cr1 102
..
Deducts
,
(
^
Newly elected officers of the two companies are: Board Chairman,
.Charles E. Rue; President, Daniel L. B. Smith; First Vice-President
$427,756
and
Secretary,
Jesse
Grant Roe
2d;
Second Vice-President,
E. J,
Bellinger; inactive Vice-Presidents, Enos B. Hoagland and Marvin A.
30,892
pierson; Treasurer, Charles J. McCloskey; Assistant Treasurer, Claude
rrrrTrr «s-E. Mazuy; General Counsel, J. B. R. Smith.—V. 164, p. 1251.
$428,949
$14,366
$19,796
a
.
—
Net
'
s
7q->
D
366,905
—7717771
ordinary
—I
income
.
$60,8ol
414,185
—
.
inc.—
ordinary
stock
^
_____
$14,764
8,326
25,370
-
170
v. 170, p. 793.
regular quarterly cash dividend, the company reported.
819,807
831,480
held,
number of
$1,692,372.#
Communication
71
The
declared
have
already
the
^
1949—8 Mos.—-1948
$846,244
$880,658
$6,040
-$5,574
—
directors
shares
'
"
—_
Operating income
Ordinary
income—non-
"
Selected Risks Indemnity Co.—Stock Dividend—
The
jq
•
'Rartionurine Tom
of
Kailiomarine Corp. OI
-
projects in the company's current construction program in¬
seventh major dam and sixth powerhouse at the Edison Big
hydro-electric development in the High Sierra, new substantions,
clude
a
1500.
p.
Other
286,597
*Before loss of $307,169 in 1949 period on securities sold, against
<
of
oi
while messengers with one year
wage
increase
of $1 per week
(equal to 2*4 cents per hour).
Vacations were liberalized so that all
employees are to receive two weeks with pay after one year of service,
three
weeks
with pay after
seven years and four weeks with pay
$2.25
290,259
_
Creek
will
messengers
»Net
cents
per
be, made
on
17
declared
and
share
an
the
extra
usual
quarterly cash dividend
dividend
comprising one share
Jersey) capital stock for each 100 shares
(Indiana) capital stock held. Both distributions
(New
Dec.
12
to
holders
of
record
Nov.
10,
1949.
will not be distributed, but holders of odd lots
than even 100-share lots) of Standard Oil Co. (Indiana)
stock will be paid a cash rum equivalent to the value of the fractional
Fractional
(i.e.,
other
of
shares
would
the
Standard
otherwise
amount
as
have
of such cash
market price
date
shares
Oil
been
sum
Co.
(New
Jersey)
stock
to
which
they
entitled
will
be
on
a pro-rata basis. The precise
determined by the weighted javerage
of the Standard Oil Co. (New Jersey) stock on,Ah£ record
by transactions on the New York Stock Exchange..
reflected
52
Jkt
market
present
the
prices
«bout 71 cents per share ol
Standard
The
Oil
1932
in
being
stock
Jersey)
(New
Co.
acquired
that
of
part
distributed is
a
•Net
foreign
part payment for certain
as
Period End. Sept.
the
Tne
)
■
bring total payment
declared
just
1338,
170, p.
10).—V.
in
THREE
FOR
SIX
AND
Gross
JUNE
ENDED
MONTHS
30
discounts
To
$6,047,531
4,557,259
3oO,62l
$5,834,803
3,967,962 J
344,053
capital
W.
H.
$1,139,651
$1,522,733
in
cash
21,696
32,324
16,696
its
President,
2,357,960
Operating profit
—
,
This
before
Federal
,
taxes
Net profit
Preferred
aviation and automotive parts manufacturer, has
the Andrews Building in Dayton, Ohio
for use as aL, ware¬
and shipping center, John E. uolob, Vice-President and General
corporation,
The
leased
house
taxes
income
on
income
on
$1,171,975
$416,033
585,000
$726,575
floor
located
The
on
space
$954,484
•Equal
of
L.
Doheny,
and
cents
70
$542,878, or
30, 1949.
$1.55
and
share
common
per
share
$2.04
Andrews Corp. of
Exceeds
„
with
for
months
three
;■/
BALANCE SHEET,
aside
set
for
reserves
deferred
charges,
amortization
and
total,
$29,960;
of
1949
•>:
the
10% Stock Dividend—
declared
have
directors
The
which
stock dividend
10%
a
and the regular
County
Calif.
in
It
Judge
City
Corp.—Trustees
Transit
Samuel
H.
to
authorized
Kaufman
the
assume
York
New
ol
city.
At
to
company's
liquidate
to
and
Oct
the
19
franchise
a
XV
trustees
v
debt
owed
U;
Judge
directed
Kaufman
that
other
any
debts
s
135,000
100,000
1,158,148
801,628
time
profit after taxes
$1,293,335
shares outstdg.
344,000
$1,602,290
344,000
$1,754,610
344,000
Earnings per com. share
$3.76
$4.66
and
tax
normal
surtax
Net
$1,846,390
contingencies—
Federal
——_
■Common
-
170, p.
also
$1,144,762
344,000
agreements.
$3.32
with
The
check
a
trustees
directed
were
drawn against
Subs.)—Earnings—
194^3 Mos.—1948
Period End. June 30—
before
income
dentures for
on
1949—6 Mos.—1948
«
101
money
3,318,532
2,605,937
1,532,945
639,722'
make
to
the
up
is
Net
profit
Earned
•Avge.
$378,252
Royal Bank
made
98,856
'/ '-7
stock
on
197,812
$279,696
March
$849,709
$1,357,855
1,343,290
"
$0.19
$0.84
$1.01
In
$1.90
H.
called
for
redemption
branch in Canada
any
of Canada
corporation,
which
December
announcement
an
C.
Buckingham,
completely
this
in
Nov.
on
next,
15,
at
(Yukon Territory excepted)
Canadian
normally
for
of
funds.
closes
its
taking,
inventory
If
the
to
washing
our
tEased on
Cost of sales...
Selling,
strikes
the
Chicago,
111.,
plant
for
announced
production
to' end
were
370,
2,931
4,403
Total income
13,789
$399,441
(incl.
and
$373,354
EARNINGS
Income
12,798
$1,140,854
today,
it
the
by
would
of
end
not
309,935
310,368
931,000
34,013
23,934
79,745
deprec.)
profit
per
—V.
p.
170,
■
FOR
from oil
Nov.
1
said,
MONTHS
NINE
and
will give employment to
"otherwise would not be
$39,052
$130,109
/ Total
$0.24
$0.17
$0.57
Other
ENDED
AUGUST
31,
774,763:
June
___
30—
income
and
$525,009
general
166,252
expenses
$358,757
^
*
income
55,236
I
invests,
and
51,715
on
debentures
Amortization
advances
$425,736
230,125
230,125
19,771
19,771
)
___
of debt discount and
expense—.
11,831,761
300,000
200,000
600,000
200,000-
1,524,148
1,223,584
3,024,921
2,407,507'
250,000
2,200,000
2,500,000
4,300,000.
4,628,669
& operations
prop.
income
taxes
—
8,655,553
12,031,805
16,450,559-
_
profit
per
share
com.
80.94
preferred dividend
"i
•
Gross
•
$1.80
$2.48
requirements and based
shares outstanding.—V.
mon
Car
$3.42:
4,666,270
on
com¬
170, p. 929.
Co.—Earnings—
•
•
(Including Wholly-Owned Subsidiaries)
from
income
1949
operations
1948
1947
$7,872,345
$9,511,553
4,636,880
5,189,703
629,661
400,968
244*,024--.
192,139
287,776
248,724
$2,413,665
$3,633,106
$2,462,411
2,546
45,499
$2,416,211
Depreciation
gen.
$3,678,605
exps.
—
Taxes
(other
than
income)^
Net
income
from
operations
Other income
Total
—_
Income
deductions
Other
$7,158,48Qj
4,203,319
55,531
for
-
Net
income
833,732
1,409,495
965,755-
/\,/j'V
reserve
Cr598,10Qrf
—.—
income
Net
Earned
beginning
at
$2,269,109
$2,150,287
13,252,170
year
11,990,045
10,125,150'
$14,760,433 $14,259,154 $12,275,437
surplus
Dividends
1,399,836
surplus June
30—
____
$1.40
capital share
BALANCE
SHEET,
$2.11
1,345,997
$10,929,440*
$1.99-
JUNE
$2,070,105-
2,774,579
4,194,317
1,551,484
3,276,082;
mkt.)
property, plant and equip't (net)_
Goodwill, patents, etc.
*
*
43,539,830
1
31,187,444
119,552
52,152
and
and
•Tank
hand
^
receivable
Accounts
Mater,
on
securities
Government
S.
——
——
(at lower of cost
supplies
or
—
cars,
charges
———
—
—
3,618,572:
3,820,414
1,536,4221
$53,922,857 $45,561,194.
LIABILITIES—
Acocunts
Reserves
payable
other
for
——
—
Federal
for
income
taxes—
taxes—-—__—
loans
Reserves
* $0.25
Other
$1,653,176
2,035,013
509,011
for
reserves
$1,800,947
2,431,322:
581,012-
8,000,000
*
purchased
on used cars
annuities——
assumed
Mortgage
39,894
484,774
353,446
341,311
513,788
_______—
534,231
30,000,000
30,000,000
12,859,317"
Earned
surplus
—-—
13,360,597
Reacquired capital stock—at cost (123,203 shs.) Dr2,986,948 Dr2,986,942
Capital stock,
AUGUST 31, 1949
1948
1949
$1,743,093
i—_—
banks
in
Reserve
$202,479
' '.'?■
1,399,836
$13,360,597 $12,859,318
ASSETS—
Cash
50,300
per
CONSOLIDATED BALANCE SHEET,
$1,508,263
surplus
23,141
share
share (on 797,882 shares)
Earnings per
from
contingencies
postwar
54,929
...
Dividend—Cash 5 cents
income taxes
transferred
Amount
$2,517,942:
v
74,216
Provision for Fed.
Bank
49,798
$482,047
,
on
83,084
(expirations and abandonments)-—.
Provision for Federal and State taxes on income
$475,533
—
13,174,687
on
*413'960
I
"
Retirements
1948
$533,762
______
earnings
Interest
losses
for
Deferred
Depreciation
1949
—
Operating expenses and taxes
■Net
•
(Including Wholly-Owned Subsidiaries)
15,666
Interest
Ended
304,189*
12,284,948.
Provision
$509,343
Depletion
•Gross income
" 313,094
772,750
1949
received,
$0.74
928.
Months
126,976
51,149,527 105,504,437 102,050,45426,347,076
60,998,427
53,800,916;
12,401,847
Investments
$167,971
share
1949—6 Mos.—1948
gen'I
CONSOLIDATED
sales
gas
bonuses
and
Operating
■■
Telephone Bond & Share Co.—Earnings—
8ix
■>:
-
1
386,888
Total
105,369
$55,493
Earnings
ACCOUNT
$
$
$
51,022,551 105,191,343 101,746,265*
.'V;7;.-77
...
(& Subs.)—Earnings—
Operating income
Net
and
6,202,866
U.
791,086
t
_______
ia
and
mate¬
$1,064,426
Canadian
taxes
Texas
48,000,000
INCOME
29,669,338
&
i
Earned
$1,051,628
$370,4^3- $1,127,065
$395,038
charges-
Rentals
income
West
la
King
5,933,560
p, '1339.
Toklan Royalty Corp.
1949—9 Mos.—1948
1949—3 Mos.—1948
income
Expenses
in
oil
of
49,605,858
.
admin.
Earned per
Federal
fields
and
6,688,493
change
working."—V.
TelAutograph Corp.—Earningsservice
Fresno
'132,131
Total income /——
plant's 1,100 factory employees,
said; "The steel strike will have
machine
this situation."
The taking of inventory beginning
approximately 400 persons who, he
shares outstanding.—V. 170, p. 987.
Period End. Sept. 30—
Earned
in
Chicago
Vice-President,
crippled
month.
rially
1949, the common stock was increased by the issue of
24,
Average number of common
Other
crude
excess
;
investments
on
Maintenance, repairs and
the inventory
shutdown will be moved up to Oct. 31, as a result of the steel strike.
1,006,550
.250,000) shares, from 1,206,550 shares to 1,456,550 shares.
at
weeks In
two
$1,913,490
1,006,550
share
com.
«
1,456,550
stock
com.
number of com.
outstanding
tEarns, ,per
in
s
49,473,727
Union Tank
Corp.—Inventory Closing Advanced to Oct. 31—
$2,111,302
197,212
This
shares
•On
$1,555,067
$948,565
98,556
-
preferred
Field
1,207,230 *
1,050,870"
584,380
261,470
be
cumulative
$4
on
has
will
Thor
■Divs.
Hills
;
purch. <fe div.
on
int.
&
difference
interest all of its outstanding 3%' serial debentures and at
interest all of Its outstanding 4% serial debentures.
Payment
The
taxes
—
acquisitioa
drillings located
Guijarrail Hills Fields
productive
of
reserves
_
hand.—V. 170, p. 794.
on
Redemption—^-
company
and
102 and
—
_.
Federal
income
The
$48,210,076
Federal
taxes
for
Prov.
■
$22,556,653 $23,662,547 $49,665,548
sales
the
and
Kettleman
COMPARATIVE
•After
(The) Thomson Co., Ltd., Toronto, Canada—Calls De-
Income
engaged since 1941 in
Valley,
6 Months Ended June 30—
'
Net
Taylor,
$40,000,000.
owns
.■■•■■'
•Earns,
of
695.
Sylvania Electric Products Inc. (&
H.
in
day.
.
—V.
Reese
hydrocarbons, according
barrels.
Los Nietos.
production,
after deducting all interests
of
others,
amounted to 2,300,000 barrels in 1947, 2,536,000 barrels in 1948, and
1,427,000 barrels in the first seven months of this year.
Net produc¬
tion in September averaged 7,800 barrels of high gravity crude oil a
Net
receivership.
City Controller Lazarus Joseph was ordered
to apply against
the debit $207,000 cash and United States bonds
which
the City holds as security for performance of
the franchise
»•■■
$5.10
:r'V
Co.
Federal, State and other
time
same
982,048
for
Bes.
Oil
•
:
accruing
$3,047,753
$2,534,338
$2,086,025
taxe8—-_
of
Proceeds
Fed., State & local taxes
agerements
$213,792
792,690
before
Profit
With
paid
—386,375
Deprec., deplet. & obsol.
6,158,835
Liquidate
,v
the
Union
15.
been
the
estimate,
Interest
Discts.
under
the
franchise
agreements
must
be
"reserved
for
future determination by this court."
!,V""u "
The
$213i792 represents unpaid gross receipts due the city under
the franchise when the trustees were appointed June 21 last at the
9 Mos. End. Sept. 30—
Co.
*
recoverable
engineers'
Sales
$7,840,015.
^..v-/-v:••
corporation
the
the
'
1946
1
1947
1943
1949
the
with
re¬
properties has its principal
Pleasant
and
..■';'
$2,279,920), $3,193,814;
....
Federal
of
-/.'V
Co.—Earnings—
Sutherland Paper
Avenue
Debt—
stock,
stock
cash
the
of
of
has
oil
Nose,
Interest
dividend of 25 cents per share on the common
"both payable Dec. 15 to holders of record Nov. 15.
A similar
■distribution was made on Dec. 30, last year.—V. 170, p%794.
quarterly
the
of
other
and
Third
agree¬
to purchase all of the outstanding
from the five grandchildren of the
Doheny
Niven,
E.
L.
Doheoy
3rd.
and T. M. Doheny—for $22,400,000)
Oct.
on
amount
Co.
expense
Sun Oil Co.—Declares
publication
Period End. June 30—1949—3 Mos.—1948
payable (trade), $287,027; accrued wages,
compensation, $154,549; accrued taxes (except Federal Income), $56,896; preferred stock, $1,696,200; common stock, $338,- J
300t capital surplus, $251,839; earned surplus,
$5,055,204; total, $7,840.t:5.—v. 170, p. 535.
•
■••■: :r \
salaries
trust
%
shares
to
Nietos
Coalinga
net
LIABILITIES—Accounts
equipment business is exceeding the planned budget of
company and there is "every indication that the heavy telephone
business will continue for some months to come," he said.—V. 169,
Telephone
the
the
is
development of
Net
for
depreciation
first
Canada.
ended
property purchase and replacement (U. 8. Govern¬
securities), $1,738,804; property, plant, land and equipment (after
ment
the
Nietos
Doheny,
A.
Co.
Counties,
net
1
SEPT. 30,
P.
Oil
Issued
Fresno
ASSETS—Cash, $822,357; investments (after deducting $856,556 ap¬
plied against tax liability), $435,392; trade accounts (less reserve),
$533,367; inventories, $1,047,455; property not used In operations, $11,259; officer's stock contract (1,760 common shares under contract of *
sale), $18,087; estimated renegotiation rebates for prior years, $9,520; .
fund
Los
announced
the
$2.70
compares
/'
common
per
make
to
of
600,000
and
to
•■
2320.
to
336,300
s
June
;
;■/.'■,■ v'-.:
The company
is running at capacity on television output
but is
unable to meet demand, according to Robert E. Tait, President.
Dis¬
tributors and dealers have been placed on allocation.
p.
of
Los
39,196
336,540
paid
CONDENSED
Co.—Television Demand
Stromberg-Carlson
Output—
36,312
;
'
P. L.
from
building
1537.
the
leased
company
Brooklyn, N. Y.—V. 170, p.
paid
Earnings per common share——!,
30,000 square feet of
its three stories. It
provide the company with
and office facilities in
the Pennsylvania RR.
will
building
The
•$257,933
____
dividends
under
arranging for a private loan from a small group*
of insurance companies to finance the purchase.
Promissory notes,
carrying an interest rate of 2% %
and maturing Nov. 1, 1974, will
$1,539,484
445,400
(est.)—15tf, 1U0
—
dividends
Common
17.
announced Oct.
Manager,
additional
Is
Warehouse—
Standard-Thomson Corp.—Leases
stock
Union
Profit
permitted
as
has contracted
Los Nietos Co.
Doheny—Lucy
company
Edward
late
be
*
Stock
Buy
$394,337
of products sold—_____
Selling, general and admin, expenses
Other income
intends
company
173,729
$2,926,026
—__
Cost
"
that
said
the debentures, this company may revoke a decision
time prior to the first publication of a redemption
any
Private Financing—
sales, less returns, allowances
and
at
"The
1843
1949
the $14,400,000
demption on the day following its receipt of the proceeds of a pro¬
posed borrowing, and to revoke such election to redeem in the event
that such borrowing is not consummated," the statement explained.
Six Mos. End. June 30
1949
redeem on Nov. 28
to
notice.
buying,
steel
13 vojed
Oct.
on
covering
call
to
satisfactory back-log of orders on hand,
steadily increasing since the July-
a
deben¬
3%
;
,
3%
debentures
due Jan.
1,
1967.
The
official call,
contingent upon receipt of the proceeds of a proposed
is
announcement
The
ment
products
.
e^ch
June
recession
its
2nd Quar.
share in cash and one share of Standard (N J->
shares of Standard (Indiana)
stock owned. A similar stock dis
tribution was made on Sept. 10, 1948, during which year cash d vjdends
amounted to a total of $2.12 «/2 per share (wnlch included 12 Vz cents
on
reports
for
RESULTS
100
■extra
the
Debentures—
borrowing.
continue
to
of
Union.
demand
August
in 19^9 to $2
per
date
are at approximately 85% of capacity,
until Nov. l which is the present
agreement between
the company and the
operations
expected
company
with
specialI **rvice
distributions
are
Steelworkers
of the company desires to advise banks, brokers and
nominees who hold stock in trust tor others, that it is Piepared to
Iiavc Standard Oil Co.
(New Jersey) stock certificates ;Issued and the
♦xtra
dividend in cash, for odd share lots, on the basis they n_ed
to meet their account requirements. Requests jor thls
must be received by the Secretary of Standard Oil Co
(Indiana) or
the Chase National Bank of New York
by Nov. 16, 1949, or such re¬
The
The directors
outstanding
div¬
however,
expiration
The management
quests cannot be met.
and preferred stock
tax
income
Federal
for
NOTES--Current
and
distribution in this form the Standard Oil Co.
(Indiana)
conserves
cash for corporate needs, but givet, round-lot
.stockholders the option of retaining a valuable stock or of selling it
to augment their cash income.
*
'
making
By
provision
To Redeem 3%
idends.
stockholders
1949, regarding which
12,
•weighted average price on Dec.
will be advised later.
earnings
•After
utilized to retire $14,600,000 of the company's
1, 1967.-
be
also
tures due Jan.
1949—9 Mos.—1948
$929,945 $1,357,492
$2.60
$3.86
1949—3 Mos.—1948
$203,370
$403,008
$0.56
$1.14
30—
Earnings per com. share
properties sold by Standard Oil Co. (Indiana) at that time. The value
*of the extra dividend to the recipient for tax purposes will
be the
will
Co.—Earnings—
Thomas Steel
dividend would be equivalent to
(Indiana) stock.
extra
Standard Oil Co.
Monday, October 24, 1949
FINANCIAL CHRONICLE
COMMERCIAL &
THE
(1640)
no
par
(issued 1,200,000 shares)
—
Net income
„—U.
7% first preferred stock—
Balance
$232,151
$175,840
83,596
83,596
$148,555
$92,244
972,516
826,515
$1,121,071
$918,759
■___
Dividends paid on
for
surplus—
...
—
.
___
fJurplus, Jan. 1__
Balance, June 30
—V.
169, p.
Texas
The
The
crease
about
new
a
contract,
include
for
new
week
a
hourly
contract
ago
TEMCo
an
across
paid
seven-cent
hour
an
included
In
the
with
Local
390,
UAW-CIO,
was
an¬
by this company.
officials
the
increase
At
and
the
for
will
run
seven-cent
a
40%
same
bargaining unit.—V. 170,
TEMCO
paid
p.
two
years.
hoqr
company
time
bi-weeklv
an
for
wage in¬
participation
announced
employees
who
a
are
An
Is
of financial transactions involving this corporation
Royal Little (President) and eight directors of the
stockholder's suit on file Oct. 17 in the U. S. District
Providence, R. I.
"<
and
at
a
Last
November
The
plaintiff
Fischman
of
of
the
of
Savings Association, valued at
the
made
market
of
up
The
Oct.
The
america
divestment
more
of
American
than
firms
$54,000,000, was placed
about
.11%
of
by Blyth & Co., Inc.
the outstanding stock of
of
1,136,767
shares,
or
the
11.10% of the
not receive any
about
outstanding.
Bank of America will
the proceeds from the sale of the stock.
shares.
two
in
New
similar
the
most
York
suits
filed
against Mr.
stockholder's
suit
Little.
is
David
City. Named as defendants are Textron Inc '
Little, Eliot Farley, Constantino Hutchins. Eugene A
Kingman
Bobert Leeson, Marshall Rawle,
Godfrey B. Simonds, Rupert' C. Thomp¬
son Jr., and J. Linzee Weld, described as
directors.—V. 170, p. 1538.
Mr.
realized
Net,
company
in
on
partial
sale
number
Oct.
17 filed
a
($25 par)
pavment
of $40,000,000
of
$863,294.
28,541
$1,142,987
$1,058,871
$894,022
2,187*
4,149
—__
institutional
profit
on
Total
148,847
288,495
767,573
1,389,098:
$1,319,554
$1,826,444
19,216
$1,431,482
24,214
$2,283,120*
14,705;
146,644
profit
143,123
148,185
135,556
$1,153,694
$1,264,140
$1,654,849
$2,132,858
337,496
337,495
337,495
225,000
225,000
225,000
Cap. stock and other tax.
23,410
Profit
for
registration
common
all
of
the
statement
stock.
35.000
of 23/i%
1st
On 2nd
the period-
pfd. stock
pfd. stock—
shares
444,242:
•Securities received as dividends.
with the SEC
The shares are to be
outstanding
BALANCE
SHEET,
of
25-yeat promissory notes to a limited
Proceeds of the sale of the notes
investors.
for
Dividends paid:
capital stock of the Los Neitos Co., an oil producing company. Balance
of the purchase price is $22.400.0°o in cash. This will ho ob^aina^
the
1946
2,875
investments
On
issued
income
•Other
(Calif.)—Registers With SEC—
covering 600,000 shares
S
1947
$1,055,996
2,225
—:
Expenses
*
Union Oil Co.
_______
$1,136,613
Blyth
1538.
The
were
recent
Interest
underwriting
syndicate consisted of
stock was priced at $45.25 per share.—V. 170,
the
The
Corp.—Earnings—
1948
1949
$1,168,782
1,925
dividends—^
headed
number
by
States & Foreign Securities
$1,170,707
Trust
represent part of the holdings of Transstock interest in Bank of America after the
consist
offering
National
and $72,931,-
170, p. 1083,
9 Mos. End. Sept. 30— ^
offered
whose
will
Bank
depreciation of $72,593,801 in 1949
by a nation-wide investment banking syndicate
equals
shares
Corp.,
20
investments
240
offering
bank.
p.
stock
common
for
reserves
1948—V.
United
block
A
$53,922,857 $45,561,194;
—
•After
624 in
Cash
of
corporation in
Court
Total
Transamerica Corp.—Sells Bank Stock—
1,199.554
accounting
demanded
$1,354,364.
2321.
The
Incorporated—Stockholder Files Suit—
total,
executive
part of
Textron
$10,788;
payable, $35,389;
accrued
taxes, $55,517;
compensation, $18,750; unclaimed dividends (prior
year), $6,340; common stock (par value 70 cents), $558,517; capital
surplus, $129,619; earned surplus, $550,232; total, $1,354,364.—V. 169,
total
1438.
charges,
LIABILITIES—Accounts
accrued
on
stated,
board
employees,
employee group insurance.
not
deferred
Engineering & Mfg. Co., Inc.—Wage Agreement
Provisions
in
on hand and in
banks, $137,087; accounts receivable,
$75,215; materials and supplies, $79,847; fixed assets (net), $1,051,427;
p.
2688.
signing of
nounced
______
ASSETS—Cash
ASSETS—Cash, $1,852,760;
at
cost
United
value
(indicated
States
&
value
SEPT.
30,
1949
receivable, $110,974; securities,,
$19,272,165;. investment
ta
Securities Corp., at cost (indicated
dividends
$33,746 155),
International
$18,318,750), $9,674,469;
total, $30,910,368.
Volume' 170
Number 4849
THE
<
.
LIABILITIES—Accrued taxes and accounts payable,
$39,354; $4.50
first preierred stock (without par value; outstanding 100,000 shares),
$10,000,000; $6 second preferred stock (without par value; outstanding,
50,000 shares), $50,000; common stock (without par value; outstanding
£85,000 shares), $98,500; general reserve, $4,950,000; capital surplus,
$650,422; undistributed net ordinary
income, $896,575; net realized
profit on investments, $14,225,517; total, $30,S10,3t>9.—V. 170, p. 636.
COMMERCIAL & FINANCIAL
directors
dated
portion
of
This
Douglas
SEC.
of
credit
D-6
Four
National
with
1
payment
of
Western Union
2%
the
on
Waldorf System Inc. (&
Period End. Sept. 30—
sales
—
1949—3 Mos.—1948
Union
in
tEarns.
per
"After
tBased
share
com.
$0.34
$0.34
$0.96
charges including provision for Federal
425,300 shares outstanding.—V. 170, p. 833.
connection
in
York
according
banks
to
are
designated
is
with
the
five
filed
statement
a
of
purchase
new
$0.96
income
Sales
:
Gross
carrier
Expenses
United States Plywood Corp.—Reports Increased Sales
—
1949
and
taxes
——
1948
„_
Net
Ord.
Substantially increased sales during the past year were reported
by the corporation s Adhesives Division, according to W. Robert uoepel,
Division Manager.
Purchases of Weldwood Glue increased approxi¬
25%
and sales
ago,
he said.
mately
year
Mr.
Goepel
promotion,
wood
attributed
also
but
finishes
looked.—V.
of
the
and
increases
that
stated
well
as
170,
Satinlac
primarily
retail
10%
about
for. glues
uses
sales
over
intensified
to
industrial
new
"repeat"
as
Firzite
should
be
not
Net income
CONDENSED BALANCE
sales
and
over¬
corporation
tures,
the
has
purchase
due
1967.
outstanding.—V.
reported
to
the
Securities
Sept.
15
of
$2,170,000
on
Sept.
At
170, p.
30,
$37,830,000
1440.
Utah Power & Light
Exchange Com¬
2%% deben¬
and
of
(27,000
—V.
remained
issue
170,
Co.—Paying Agent, Etc.—
A
Ended
in
ment
31—
Cost of goods
Gross
sold——.—;———
■The
1948
:
i
$797,001
preferred
dividend
$4,480;
$116,073;
stock
(5,360
$587,261;
SYSTEM
OF
FOR
AUGUST
AND
8
MONTHS
1949—8 Mos.—1948
$
$
$
15,550,303
16,085,883 120,361,711
15,290,265
15,908,886
122,829,009
260,043
177,002
"2,467,298
54,047
91,795
709,329
1,051,815
1,137*151
268,797
"1,757,969
2,188,866
423,705
3,516,325
3,596,398
"122,870
"154,908
"5,274,294
"1,407,432
11,096
3,590
79,899
4,070,147
11,826
——
expenses——
25,000
revenues
Net
* 314,090
ordin. income—
Deducts,
from
ord.
inc.,
436,960
—
128,148,638
127,096,628
lent,
$56,000;
income
(net)—
$12,800;
taxes,
,
income
curr.
(net)
Delayed
ord.
income
Extraord.
payable
$268,000;
$392,427;
of the
Communication*.
on
1943—Month—1848
J
•
revenues
oper.
(10-1-49),
payable
for
shares),
surplus,
loans
securities
reserve
1
total,
Net inc. accounted for
common
during month—
Deducts, from net inc.,
$4,722,220.
"111,774
"151,318
"5,182,569
2,687,715
3,000
4,000
24,000
763,424
507,735
ts
$55,019
$33,577
*
nine
1,172^800
—"114,774
"155,318
"5,206,569
1,515,715
resources
of
Net
reported
was
by
1949, according to the
surplus
Wellington
"Deficit.—V. 170, p. 1539.
Fund's state¬
the September quarter.
increase,»the statement showed,
boosted
total
to
resources
$88,-
Weyerhaeuser Timber Co. (& Wholly-Owned Subs.)-—
Sept. 30, the largest in Wellington
history, from $64,102,000
1949.
Of the total increase,
$13,001,000 was recorded in the
on
Jan.
transferred to
earned
total
months
Net inc.
1,
INCOME
ACCOUNT
quarter.
asset
value
of
Wellington
Fund
shares
showed
increase
an
Sales
of
of
lumber,
FOR
lumber
SIX
MONTHS
products,
logs
ENDED
JUNE
1940
30,
pulp
$58,068(024
subsidiaries—.^
1684147
and
approximately 6% in the first nine months to $17.22 a share on :the
received from partially owned
5,157,246 capital shares
Other
income
(net)—
outstanding Sept. 30 from $16.28 a share on
1,705,070
the 3,936,035 capital shares
outstanding Jan. 1, 1949. 'Tne numoer o*
shareholders in the Fund
Total income
—J.
topped the 38,000-mark for the first time in
$59,943,741
Cost of goods sold and
September for an increase of
expenses, exclusive of items shown
approximately 5,000 since the first of the
year. ,<
below
•, •, ■'
/%
•.
•
35,184,958
Cost of timber used and
."The. portfolio of the Fund on Sept. -30 Included 194 different securiprovision for wear and tear of
%
ties with rhe total resources invested as
plants, equipment and roads—
follows; 58.19% in common
....__4,147^i&
Taxes other than Federal
stocks, 3.86% >in appreciation type bonds and
income taxes—
preferreds, 22.02% in
,2,706,384
investment type bonds and
Federal
income
taxes.—
preferreds and 15.93% in cash and govern¬
4
_x_
5,874^672
ment securities.—V.
170, p. 1340. *
■<
•
"
"Dividends
•
profit
(secured),
reserves,
shares),
ths first
September
•
1949
J*
$562,754
y-
and
stock
•
inc.—.non-comm—
Gross
1949
404.
p.
for
cn
Inc.—Earnings—
July
customers
$24,704,000 increase in
Fund
-
Months
preferred
Arizona, Chairman
$17,513
Wellington Fund, Inc.—Increase in Resources—
806,000
..Three
30,
of
Subcommittee
\
Guaranty Trust Co. of New York, trustee under the first mort¬
gage, has been appointed paying agent and registrar of $3,000,000 first
mortgage bonds, 27/s% series due Oct. 1, 1979.—V. 170, p. 1539.
Valcar Enterprises,
to
expenses
convertible
stock
its
tnis
oi
4%
$198,500;
due
accrued
The
,
SEPT.
$3,084,000;
(unsecured),
$2,680;
mission
SHEET
$58,465
$256,751;
inventory, $4,299,617;
accrued
interest
receivable, $21,091; bid deposits, $85,050; due from customers (se¬
cured), $36,489; fixed assets (net after
depreciation), $9,368; prepaid
expenses and advances, $13,853;
total, $4,722,220.
LIABILITIES—Notes
payable
(secured),
United States Rubber Co.—Buys $2,170,000 Debentures
The
$103,417
—_
ASSETS—Cash,
a
1440.
p.
.
'
Operating
Operating
1947
$86,083,893 $94,303,495 $77,874,841
659,756
536,909
358,627
556,339
478,444
341,114
——
McFarland
operating in the United States."
EARNINGS
''
30—
—_
income
W.
Commerce
taxes.
Co.—Earnings—
9 Months Ended
Sept.
The
Ernest
Interstate
Period End. Aug. 21—
Weeden &
the
with
those participating.
agent.—V. 170, p. 1538.
among
as
Sen.
to
Senate
S.
Marshall, among other things, proposed:
"Subject
to
appropriate
enab.ing
legislation
and
other
essential
considerations and negotiations, Western Union to
purchase the inter¬
national
te.egraph facilities of the American Cable & Radio
Corp.,
RCA
Communications, Inc., and any other international telegraph
1949—9 Mos.—1948
all
on
letter
a
Mr.
$5,114,218 $14,707,908 $15,016,750
144,956
410,18)
409,722
146,742
Telegraph Co.—Expansion Proposed—
of
a - single
system of domestic and international
communications, under private management and with Western
as the
nucleus, has been proposed by W. P. Marshall, President*
record
Subs.)—Earnings—
$4,997,600
—
"Net profits
53
Establishment
;
is
transports,
New
City Bank
interest
an
U.
of
group
a
credit.
the
line
Sept.
declared
20-year convertible income debentures to be made
on
Jan. 2,
1950.
Similar payments have been made in each of the
past several years.—V.
170, p. 1440.
banks provides
that the company may borrow up to $3,500,000 before July 1, 1950,
to be evidenced by 3%
notes, payable in instalments 40%
each on
Oct.
1,
1953, and Jan.
1,
1954, and
trie remaining 20%
due on
April 1, 1954. A commitment fee of 1% will be paid on any unused
agreement
have
6%
Total
credit
(1641)
Vicana Sugar Co. (Cuba)—Votes
2% Interest—The
outstanding
United Air Lines, Inc.—Bank Loans—
A
CHRONICLE
.
Expenses
...
,.r,
27,884
17,944
.
Operating
Other
....
profit
$37,075 ', *
—
income
1 v
Total
~v
1
'■'.v.'-r
♦13)431
\yt'.l
income
^™——_s__
Estimated Federal
$5,693
Dt725
income
$36,349
v.,
taxes—
:
14,952
$19,124
7,649
,
_
.
-
Net
profit
Net profit per share———--—.;——.————l_
—
"Includes
v>
—
$12,000
nonrecurring income
breach of contract claim.—V.
Vanadium Corp. of
:
169, p.
$0.53
from
arising
2758.
sales
Interest,
income
of
Provision
for
and
Employees'
and
premiums
general
68,690
$9,772,145
7,616,900
870,632
887,011
expenses—
Retirement
Plan—
debentures
on
property sold or retired
Miscellaneous costs and expensestaxes
applicable
Net
loss
Refund
for
of
Total
to
Dividends
income,
1948
less
special
consolidated
income
on
(less
taxes
earned
of
$68,040
per
week
Crl,672,159
surplus——
-'£$68,040
S$2,406,268
101,426
share+i——x
"Including inventory
adjustment
tExcluding special credits as above.
share.
UDeficit.—V.
.1
'
.•
V-
•
170,
202.853
Nil
of
-
$453,700
fNet
/
'
•
at
income.
June
$5.93
Operating
'
'
•
*' *' .K''
•
Amortization
-
natural
11,073,817
conversion
Depreciation
Amortization
General
plant
acquisition
adjustments-
-44,431
Net
Other
Federal
operating
income
Gross
Interest
Net
for
income
taxes™——
income
Dividends
on
29,621
,1,026,985
the
Payment
common
170, p. 1089.
of
be
made
trustee,
70
...
•
kwh.,
kwh,
for
decrease
a
the
the
at
Central
Eroadway,
New
of
corresponding
'
,
Hanover
York,
N.
corporation
has
; ■
Eank
&
electric
appliance
Seven
6taff
of
the
921,630
the
of
the
first
such
to banks and
time
help
dealers
period—
k$2.66
510,000
of
in
charge
of
sales,
has
been
p.
to
at
common
assembly
close
of
letter
a
cent
one
notification
of
stock, • to be
purchase of
for
warrants
according
Mr.
operations
work
disruption
to
Oct,
on
of
supply
William
facturing.
,'(i.
Paris
said
warrant.
per
City.
were
14.
with
the
B«C
offered
at
par,
like
a
number n>f
Underwriter,
Proceeds
suspended
This
channels
E.
Paris,
will
Gearhart,
be
used
for
this
corporation
made
of
Vice-President
in
the
at
necessary tt»e
steel
strike,
charge
of
manu¬
;•
toward
be
can
solving
resumed
suppliers of a major
of
steel,
officials, said.
locate
to
by
was
result
a
;
,t
progress
production
short
action
as
the
of
expect either
steel
for
the
Oct.
supply
24.
*
component
By
the
)'
for
Oct,
supplier
their
vehicles
they
24,
added,
find
to
or
difficulty inidi-
an
ba»
they
alternative
supplier—probably the latter.
Co.,
600.
filed
parL common
Willys-Overland Motors, Inc.—Curtails Operations—
Final
the
One
Trust
170,
13
($1
&
Mr.
Its
Faris
said
production
"prospects remain good for the company
for October,
provided the steel strike
to
goal
further dislocation in
Yale
dealers
manufacturing
a
the
in
their
and
representatives
have
field,
in
One
to
to
customers.
added
C.
to
the
provide on-the-spot
has
concern
according
retail
been
all parts of the
the
flow of
supplies."—V. 169,
attain.
does >*06
2322.
p.
F.
undertaken
Gilbert,
of
the
gram
is
of
national
a
Equity
year
Eastern
radio
on
move
Plan and
operation,"
shown
by
states
alone
and
customers'
basis,
represents the
the
television
retail
Mr.
fact
Manager
now
phase in
are
Inventories
purchases."—V,
almost
available
of
the further development
the plan's success in the
"Acceptance of the pro¬
900
to
banking
finance
Westinghouse
170,
p.
1441,
locations
the
dealers
•.<•
Manufacturing Co.—New Vice-Pres.—
Niles
will
of
since
has
been
devote
executive
early
in
the American Water
Youngstown
Pension
A
his
elected
1948,
and
to
marketing
throughout
for the
had
Works Co.—V.
Vice-President,
a
attention
personnel
the
effective
and
to 'the
He.-tms
company.
Owens Illinois Glass
previously
been
Co., Toledo,
Vice-President of
170, p. 600.
.
cjosed
on
in
37
appliance,
and
their
/•
Sheet
of
Oct.
16
both
makes
two
he
for
insurance
meetings
of
the
commitment
any
plans
Inland
the
for
companies'
to
pay
Steel
question
steel
Asks
Co. 4lis~
of
non-
employees
stockholders
full
the
of
cost
he-
before
such,
"
F.
Holthusen
of
the
law
firm
of
Holthusen
Lane, New York, N. Y., said he has mailed
companies
in
contemplated
the
company and the
had demanded that
he
and
programs.
Henry
Co.—Stockholder
this
that
contributory pension
placed before special
Maiden
Tube
&
Meeting—;.
stockholder
management
prompted by
Gilbert said.
that
He
been Public Relations Director
Ohio,
,
,
second
was
7.
development
to
being assigned to each of seven merchandising districts
and will be responsible for
mutually beneficial financing relationships
between dealers and banks in his specific
territory, Mr. Gilbert said.
Thus,
expert
technical
assistance
on
financing
problems
will
be
"This
Towne
Bradford
Nov.
on
is
man
&
Philip
country.
division.
<
$1,355,547
>
...
536.
p.
Otis,
Inc.1, New York
working capital.—V<,170, p. 1539.
in
step
new
a
Retail Finance Division
company's
$2,717,208
is
by
finance
32,889
440,031
,
announced
purchases
instalment
$2,584,319
440,029
170,
Oct.
on
shares
_
development of the
"Equity Plan" it introduced a year ago—the plan to simplify and
safeguard instalment buying and encourdge local bank financing of
This
$677,253
612,000
company
Kinnard
;•••;
Subsidiary—
Y.—V.
V
■
;
Westinghouse Electric Corp.—Announces New Step in
The
advice and assistance
;
share
•
93,541.200
the
outstanding first mortgage 3'/4%
bonds due 1966 have
redemption on Nov. 16, next, at 105 Vi* and interest.
952,704
$1.11
at end
;■ '
Vice-President
150,000 3-year option
shares
for
company
Development of Equity Financing Plan—
$1,795,578
.1
this
for
will
corporate
provided
Common shares outstanding
—V.
of
called
Cr5,550
$1,117,282
,
,
Wiegand Co., Pittsburgh, Pa—New Dir.—
.Fleming,
director.—V.
140,000
and
,
Perry,
728,600
deductions.
stock
totaled
of
A.
a
The
run
A11
provide
preferred
1949
properties
$12,0300)24
Wilcox-Gay Corp., Charlotte, Mich.—Files With SEC—
been
West Virginia Water Service Co.—Calls Bonds—
;
first
p£r
E.
Cr63,100
gas
.—
—
electric
output of 112,500,000
170, p. 1539.
931,280
natural
Balance
Earnings
15,
the
1948.—V.
96,044
to
revenues
other
Oct.
below
the
$1,952,518
conversion
income
and
of
$2,048,562
for
-
.
cates that
167,754
1,129,900
taxes
provision
•
270,017
—
Special
317,100
1,215,480
1,447,064
of
Property losses chargeable to operations
Provision
1,082 073
412,625
costs—
$18,067,647
10,597,161
1,508,202
——_
gas
New York, N. Y., has
stock.—V„ 170, p, 1340.
1948
$18,503,474
—„
-
of
1949
—_
—
Maintenance
of
cause
5
revenues
Operation
Co.,
common
^_
been
Washington Gas Light Co. (&
Subs.)—Earnings—
12 Months Ended
Aug. 31—
Trust
the
formerly
Assistant
Treasurer
of
Wellington
Sears
Co.,
a
subsidiary, has been elected Treasurer of that unit,
succeeding Carleton R. Richmond, who has been elected Chairman of
the Board.—V. 166, p. 1527.
\
v
1949.
to
f.-
-
,' .,<! y'y\*:'; ■'...r,;-'
...
*30,
SEqual
:
period..—.i
; h
;
t$1.81
_
1340.
p.
ended
of
Raymond
_
&
for
West Point Mfg. Co.—New Chairman of
;
per
output
10.84%
t$734,109
prior
paid
Earnings
Power
518,114
,
applicable)—
Bank
registrar
;
;
WestJJenn Electric Co.—Weekly Output—
week
—
Chemical
Co.—Registrar—
for
2,811
($172,186)
below
;
taxes
interest
The
appointed
8,863
-17,644
...
portion
credits
period—
Federal
and
years
on
to
West Kentucky Coal
.
23,767
.—_
■
Bruce
20,711
,
——
—.
734.
p.
elected
175,630
—
on
Federal
NOTE—For mechanical reason* it i» not
always
possible to arrange companiesin exact alphabetical
However, they are always as near alphabetical
position as possible.
»
1943
"7,539,954
—i——
the
share
(Edwin L.)
45,122
———
for
per
$3.93
"The .company's
equity in net income of these subsidiaries for the
period
exceeds
dividends
received
therefrom
by $967,339—V.
170,
$9,703,455
—
Income
income
order.
$8,575,966
income
-
administrative
Interest
other
Net
Net
settlement" of'a
1949
—;
—
goods
Selling,
Loss
and
'■?
,
$0.29
$8,530,844
i.',
discounts
Total
Cost
—
t
America—Earnings—
6 Months Ended June 30—
Net
„
'-)■■■. V'"-.. *,"'*»
[
—
-
$11,475
$21,397
—
—_
*
start
of
which
litigation
he
if
holds
the
"a
few
companies
pension and insurance
proval of stockholders.—V. 17C, p. 49.
a
the
hundred
&
Pinkham, 5
demand
shares."
program
without
to <he>
He
allocated corporate
166
assets
prior ap¬
54
COMMERCIAL
THE
(1642)
Monday, October 24, 1949*
FINANCIAL CHRONICLE
&
CITY DEPARTMENT
STATE AND
BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
Florence, Ala.
Warrant Sale Details
Sterne,
&
Agee
of
Leach,
purchase of
the
$150,000
refunding
school
warrants, on a bid reflecting a
interest
net
in
previously
as
of about
in
noted
3.04%,
&
able
1 for the
bonds.
Opelika, Ala.
Warrant
.
Sale
/:,.
The
—
Oct.
6
$320,000
awarded
were
to
jointly,
follows:
as
improvement
public
$245,000
warrants.
»•
refunding
75,000
sewer
war¬
office.
Bidders
1950
inclu¬
1959
to
Los
A
—
p.
New
John
York,
the
to
Co.,
both
Nuveen
Co., of Chicago, Stranahan, Har¬
ris & Co., Inc., of Toledo, Foster
& Marshall,
of Seattle, Merrill
Lynch, Pierce, Fenner & Beane,
of New York, William P. Harper
& Son & Co., of
2y2s,
from
Dated Oct.
Nov.
$1,000.
in
in
whole
part,
the
by
Bond
105%
plus
Nov. 1
inclusive,
and
on
102%
or
thereafter
to Jan.
1,
and
on
'
or
prior
there¬
(J-J)
payable
Trust Co.,
at the City Treas¬
or
Legality approved
King & Dawson, of
Wood,
York.
New
or
office.
urer's
by
interest:
on
at the Marine Midland
New York,
I
1950
000
Sale
Authority, Ariz.
The
—
Series notes offered
awarded
Bank,
to
$230,000
Oct.
13
9th
were
the
Valley National
Phoenix, at 0.82% in¬
of
$570,000
10,
Is, at
Hospital Dist., Kings
County (P. O. Hanford),
California
Bonds Publicly
&
of
Offered
America
—
National
The
follows:
hospital
of
1949
bonds. Due $32,000 on Aug.
from 1950 to 1955 inclusive.
9
1%%
hospital
bonds. Due $32,000
from
,102,000
1956 to
2%
bonds.
and
a
as
basis of
notes offered Oct. 13
ed
as
1
award¬
1958
on
1949
Aug. 1
inclusive.
hospital
Due
of
$32,000
of
in
1949
1959,
$35,000 in 1960 and 1961.
9
*
30,000 as 3%s. Due
1974. ■ ;/ %
receive
(PST)
of
Denomination
$1,000.
as follows: $150,000 in 1952; $85,000 in 1953; $90,000
in
1954, and $95,000 from
1955 to 1969 inclusive. Principal
1949.
1,
and
Feb. 1,
on
interst
County
any
(F-A) payable at the
office,
Treasurer's
at
or
of the fiscal agencies of the
ders to
York City. Bid¬
the rate of interest,
New
name
expressed in a multiple of 14
1%. A certified check for 3%
the bonds,
/
Mateo
Offering—W.
County
,
bids
until
not
receive
10
a.m.
5% in¬
follows:
exceed
to
as
$810,000 school bonds. Dated July
./':" 1,
1948.
Due
July
on
bids
sealed
until
re¬
noon
Oct. 26 for the pur¬
chase of $1,500,000 not to exceed
2%
interest bus
terminal. and
(EST)
on
public
<. bonds.
Denomination
$125,000 on Nov. 1
garage
Due
$1,000.
coupon
payable
at
the City
approving
bonds, payable to the City Treas¬
1,
as
Sale—The
18—v.
Oct.
awarded to
were
a
Series
bonds
&
York, Day, Stoddard
Williams, of New Haven,
and
York,
chased by the Chase National
from
1959
Bank, New York, at 0.78%
interest, plus a premium of
$50.
These
5,448,000 60th Series notes pur¬
chased by the Chase National
Bank, New York, at 0.79%,
plus a premium of $62.
2,500,000 60th Series notes pur¬
of
'
Associates, at 0.79% interest
500,000 60th Series notes pur¬
chased by the Bessemer Trus
Co., Jersey City, at 0.77% in¬
terest.
Dated
Nov.
7,
1949.
May 26, 1950.
Due
Merced
May 21,
1948.
602,000 school bonds. Dated July
1, 1949. Due $86,000 on July 1
on
from
visors,
until 11
the
the
will
a.m.
purchase
exceed
divided
5%
as
1950
the
at
inclusive.
1956
to
These bonds
were
authorized
held
election
on
May
20, 1949.
Denomination $1,000. Bidders to
the
rate
of interest,
ex¬
name
pressed in
multiple of y4 of 1%
The approving opinion of some
market
attorney, shall be fur¬
nished by the purchaser. A certi¬
fied check for $1,000, payable to
the
Chairman
Board
of
Super¬
visors, is required.
on
(P. O.
South
a
San
Board
receive
(PST)
of
of
Super¬
sealed bids
on
Nov. 1 for
$939,000
not
to
interest school bonds,
follows:
on
bids
Oct.
$100,000
1949
tered
26
until
for
bonds.
will
A
11
coupon
June
clusive.
Hartford
15 from
Principal
and
1959
in¬
interest
♦
r '
y.
Authority, Ga.
$1,239,000:19th
Series notes offered Oct. 13—were
awarded
National
0.79%, plus
Dated Nov. 7,
Chase
the
to
*•
Bank, of New York, at
premium of $16.
a
1949. .-Due
May
on
The
1950.
5,
Associates, at 0.80%
interest,
plus a premium of $6.
ILLINOIS
Champaign County Housing
Authority, III.
:/
.
...
$319,000 10th
Series notes offered Oct. 13 were
Sale
Note
The
—
Trust
Bessemer
the
to
awarded
Sale
Bond
water
The
—
transmission
No.
Dist t
filtration
III.
The
Sale
Bond
building
bonds
awarded to
High
Twp.
(P. O. La
204
Grange),
$1,000,000
and
Lyons
County,
Sch.
(P. O. Hartford), Conn.
/,„:.,
•
-"A
/
.$1,200,000
offered Oct. 19
syndicate com¬
a
improvement bonds offered Oct.
19—v. 170, p. 1442—were awarded
to Wood,
Struthers & Co., and
were
Bramhall, Barbour & Co., both of
New York, jointly, as 2s,
at
worth
price of 103.91, a basis of about
1.74%. Dated Nov. 1, 1949. Due
Co., McDougal & Co., and the
White-Phillips Co., all of Chicago,
on
from
1
Nov.
1950
in¬
1989
to
posed of Harriman Ripley &
&
at
Sale—The
awarded
to
the
Authority
53rd
Nationa
premium of $24. Dated Nov. 7
on May 5, 1950.
1949. Due
Additional
were
Hanover
New
Sale—The
$3,758,000
awarded to the Centra
Bank
York,
as
&
Trust
Co.,
of
of
as
on Dec. 15
1962 inclusive.
Due
2s.
1951
to
2y4s. Due on Dec. 15
1963 to 1969 inclusive.
as
from
$2,000,000
Chase
as
570,000
100.03, a basis
follows:
of
2.16%,
from
Series notes offered Oct. 13—were
date
price
a
Washington, D. C.
a
&
$630,000
DISTRICT OF COLUMBIA
National Capital Housing
Co.,
& Co., Braun, BosCo., Inc., Martin, Burns
Corbett,
Channer
Securities
Inc.,- Blyth
about
clusive.
53rd Series notes offered on same
1950 to
Housing
Sale—The
Note
Cook.
15, 1949.
Oct.
Columbus
County Metropolitan Dist.
Bank, of New York, at 78%, plus
Denomination $1,000. Due $10,000
on
1964 inclusive.
to
(PST)
of
disposal
or regis¬
a.m.
purchase
sewage
Dated
receive
.
as
Note
Daniel J. Hy
the
2y4%
Series
—
Clerk,
>
1.40s, at a price of 100.15, Co., of Jersey City, at 0.79%, plus
a
small premium.' Dated Nov. 7,
a basis of about 1.38%. Dated Oct;
/
1, 1949. Due on Oct. 1 from 1950 1949. Due on Nov. 10, 1950. -/
Francisco, Calif.
Offering
City
land,
sealed
Offering—R. W. Cothran,
of
au¬
*
County Sch. Dists.
Merced), Calif.
Bond
Clerk
issue,
election held
the
at
balance
the
$1,250,000
thorized
chased by the Chemical Bank
& Trust Co., New York, and
chased by the Chemical Bank
& Trust Co., New York, anc
the
inclusive.
1962
are
1949.
1,
.
,
GEORGIA
170, p. 1540—
syndicate com¬
1958
to
June
/
posed of the National City Bank,
Stone & Webster Securities Corp.,
both of New
to
1971
from
on June 1
1974 inclusive.
Due
3s.
as
Dated
and
$1,100,000 Mill
First
School
Plain
Shearson, Hammill & Co., of New
bonds
280,000
second highest
$62,000 from 1950 to
inclusive,
and
$63,000
pur¬
1957 to
from
bidder was Chem¬
ical Bank & Trust Co., New York,
is required;
Bond
-
Due on June; 1
1970 inclusive.
$525,000 as 3.10s.
in a multiple of 1/10
y4 of 1%. Principal and inter¬
(M-N)
?
price of 100.01, a basis of about/
as follows:' ;//';:i,* r
expressed
est
of
A.
3.05%,
ders to name the rate of interest,
or
<
of Palm Beach, at a
Co.,
Lifsey
Bid¬
1962 inclusive.
1951 to
from
p.
Fox, Reusch & Co.,
Cincinnati, and the Truman
Dated Nov. 1, 1949.
follows:
$4,000,000 60th Series notes
170,
Beach,
Comptroller, .will
City
ceive
offered
of
purchase
divided
bonds,
Bond
lisa,
19 :
bridge bonds offered Oct.
and
1, 1949.
1442—were awarded
to a syndicate composed of Otis
CONNECTICUT
& Co., of Cleveland, Blair & Co.,
Bridgeport, Conn. //■r-A/iy
Inc., Emerson Cook Co., of Palm
Offering—Adolph D'Au-
',../
Augus¬
the
inclusive.
1969
to
Fairfield, Conn.
H.
will
Clerk,
for
1
Nov.
follows:
1966
urer,
County (P. O. Redwood
City), Calif.
Bond
Bridge Dist.- (P.O.
Deland), Fla.
Bond. Sale—The $805,000 road
and
1965 inclusive.
1958 to
from
opinion of* Ropes,
Gray, Best,
Coolidge & Rugg, of Boston, will
be furnished tc the purchaser. A
certified
check
for 2%
of the
Sequoia Union High Sch. Dist., San
tus,
,
of
////.;'
•
*
Authority, Fla,
The $184,000 10th
Treasurer's office. The
payable to the Chair¬
Supervisors,
..
1, 1949.
Dated Sept.
'
*
water
$38,000
of
of the Board of
is required.
Sept.; L
on
„
v.
purchase
-
t
Lakeland Housing
Dated Dec.
$1,750,000 not to exceed 5% in¬
terest building bonds. Dated Feb.
Due
Sale—The
;
-
$155,000 as 4s. Due on Sept. 1 from
1952 to 1973 inclusive.
Dist.,
Utility
(P. O. Route 1,
3S9-E, Porterville),
.
.system construction bonds offered
Note Sale —
Oct. 10 — v. 170, p. 1341 — were
awarded to the Bank of America Series notes offered Oct. 13—were .
awarded to the Bessemer. Trust
National Trust & Savings Asso¬
ciation, of San Francisco, as fol- Co., of Jersey City, at 0.79% inter¬
est, plus a small premium. Dated
ows:
Nov. 7, 1949. Due on Nov. 10, 1950./
$14,000 as 41/2s. Due on Dec. 1
Volusia
County,
Port
Orange— ,
from 1951 to 1957 inclusive.
South Peninsula Spec.
Road
16,000 as 4y4s. Due on Dec. 1
Los)
a.m.
the
for
$1,412,000
$13,777,000
were
Public
follows:
* v:v;
.
Tulare County
Los
Dist.
will
Clerk,
until
bids
Nov.
on
terest
The
—
small
8,000 as 4s. Due on Dec. T from
Sch.
City
County
sealed
sealed
Angeles Housing Authority,
Sale
in¬
premium.
10, 1950.
-
1442—were awarded to Sullivan, Nelson & Goss, of West Palm
Beach, and Herbert J. Sims & Co.,
of New York, jointly, at a price of
02.00, a basis of about 3.81%, as
Trust
Bessemer
a
<
The
p.
were
7, 1949. Due on Nov.
Nov.
Offering—Harold J. Ost-
Bond
2%
96,000
2V2s, and $300,000
price of 100.40,
Note
Trust
Association, of San
Francisco, is publicly offering an
of $390,000 bonds, divided
$192,000
a
as
Bond
ley,
the
of
Angeles County (P. O.
Angeles), Calif.
man
California
Savings
issue
as
inclusive.
Associates, at 0.79% interest
3,329,000 61st Series notes pur¬
A venal
Bank
1
on
1969
Dated
-
Pasadena
on
Los
1950.
CALIFORNIA
;
Nov.
due
to
about 2.24%.
terest. Dated Nov. 7, 1949. Due on
Nov.
inclusive; $105,-
2V2s,
1963
Nov. 1 from
on
1962
Dated Nov.
ARIZONA
Note
as
from
:
;
Mesa Housing
to
partici¬
purchase
the
County in
41/2s, due
as
maturity. Prin¬
interest
cipal and
1 from 1980 to 1989 in¬
Bank, New York, Northern Trust
Co., Chicago, and Heller, Bruce &
Co., jointly, for $630,000 as 4V2s,
1971; and 101%
after and prior to
on
following
prior
1963; 103% thereafter
prior to Jan. 1, 1967;
1,
due
Is,
as
1, 1949. The second
highest bidder was National City
any
the
and
1979
to
in
interest
prior to Jan. 1, 1959;
or
on
300,000 Series F bonds. $195,000
or
moneys
accrued
thereafter
Jan.
to
on
at
date,
any
from
date,
on
<104%
lot
Fund
payment
prices,
on
1963
$300,000
$163,-
basis of about
a
Donds.
Bankers
clusive. /
1; 1949. Denomination
Due Jan. 1,
1975.
The
bends are subject to redemption
prior, to maturity on
or
after:
July 1, 1955," upon not less than
30 days' prior published
notice,
and
due
in
pated
Co., of Los Angeles, at a price of
100.04, a basis of about 2.21%, as
as
the
plus
terest,
Bond
3.15%. Blair Co., Inc. also
Seattle, Boettcher
*
& Co., of Denver, Stifel, Nicolaus- follows:
& Co., of Chicago, Thomas & Co., $1,200,000 Series E bonds. $390,000
as 4V2S, due on Nov.
of. Pittsburgh, Lyons & Shafto, of
1 from
1950 to 1962 inclusive; $510,Boston, and the Pacific Northwest
either
price of 100.003,
a
Louis, and the William R. Staats
000
13
Co., of Jersey City, at 0.79%
Calif.
Details—The
$101,788.14 as 3s, and $67,858.76
as
3V4s, as previously noted in
v.
170, p. 1442, were awarded at
Co., of New York, Hamman Ripley & Co?, Inc., American
Trust Co., Weeden & Co., both of
San
Francisco, Mercantile-Com¬
merce Bank
& Trust Co., of St.
Co., of Seattle, is publicly offer¬
ing an issue of $4,000,000 4l/2%
municipal utilities revenue bonds.
—
to
Voodville
646,000
municipal improvement
)onds purchased by Hannaford &
Talbot,
of
San
Francisco, for
Trust
&
awarded
Box
Palo Alto,
County
the
Sale
Note
$185,000
revenue
certificates offered Oct. 13—v. 170,
—
recreational
municipal
Authority, Calif.
The $316,000 9th
Housing
Sale
Certificate
Series notes offered Oct.
Denomi¬
1949.
15,
Sale
Bond
$1,500,000 fire
of
composed
t'Jpland
Fla.
Lake Worth,
City
the
$5,000,
f
.v
FLORIDA
check
certified
A
cost.
interest,
purchaser
the
to.
payable to
Treasurer, is required.
County, is required.
Dec.
and $758,000 at
0.79%. Dated Nov. 7, 1949. Due on !
California
Angeles, Calif.
Sale—The
without
nation $1,000.
1237—were awarded to a syn¬
dicate
syndicate composed of B. J. Van
of
Merced
Dated
rate
—
Offered
& Co., Blyth &
the
name
furnished
for
in¬
1974
to
May 5, 1950.
$6,000, payable to the Chair¬
man
of the
Supervisors of
protection facilities, election 1947
bonds offered Oct. 18
v. 170,
Fairbanks, Alaska
Ingen
to
payable
Bond
ALASKA
Publicly
from
as
1960
Herrington, of San Francisco, will
clusive. A certified check for
Treasurer, is required.
sive.
Bonds
2,000
De¬
Due $1,000 in
interest, expressed in a multi¬
ple of y4 of 1%. The approving
opinion of O'Melveny & Myers,
of Los Angeles, Will be furnished
to the purchaser without cost. A
certified
check lor
3%
of the
bonds,
from
1950
of
rants.
Due
1949.
1,
0.78%
be
$1,000,000 "at ;
interest;
0.77%
as
(J-D) payable at the City Treas¬
approving opin¬
ion of Orrick, Dahlquist, Neff &
urer's office. The
Dec.
on
follows: $3,000 from
to
1959 inclusive, and
15,
payable at the County Treasurer's
& Co., of Mont¬
Thornton, Mohr
Nov.
Elementary
Union
Elim
Sch. Dist. bonds. Due
1950, and $6,000 from 1951 to 1974
inclusive. Principal and interest
Hugo Marx & Co., Berney Perry
& Co., both of Birmingnam, and
gomery,
Dated
inclusive,
Supervisors of Mer¬
County, is required.
60,000
school
interest
nomination $1,000.
2\f2% general obligation warrants
offered
5%
1968
Chairman of the
the
to
ced
purchase of $145,000 not
exceed
to
follows: $45,000
to
Board of
County Clerk, will receive sealed
bids until 11 a.m. (PST) on Nov.
1540.
p.
1950
$24,000 in 1969. A certified check for $87,900, pay¬
San Francisco.
Herrington, of
Dec. 15, as
and
Cypress Sch. Dist., Orange County
(P. Q. Santa Ana), Calif.
Bond Offering — B. J. Smith,
170,
v.
on
from
proved by Orrick, Dahlquist, Neff
the
cost
the County
Legality ap¬
at
office.
Treasurer's
Birmingham, jointly, were associ¬
ated with Hendrix & Mayes, of
Birmingham,
payable
(F-A)
Thprn-
—
ton, Mohr & Co., of Montgomery,
and
Aug. 1, 1949. Denomina-1 $879,000 Dos Palos Joint Union
High Sch. Dist. bonds. Due
Principal and interest
Dated
tion $1,000.
""The second highest bidder was
Glore, Forgan & Co., C. F.
&
B.
Vick
as
a
Childs
Co., Julien Collins & Co., Jones
Shannon
&
Co., and M. B.
&
Co.,
jointly, for $435,000
l%s, and $765,000 as 2y4s, at
price of 100.04, a basis of about
2.16%.
Bonds
are
dated
Oct.
15,
Denomination $1,000. Due on
follows: $2,000,000' 15,
as
follows:
$20,000
1949.
Dec.
in 1951;
Volume
170
Number 4849
THE
COMMERCIAL
Bonds are dated Sept. 1, 1949.
$40,000 in 1952; $50,000 from 1953
1955 inclusive;; $55,000 in 1956 Denomination $1,000. Due on Jan.
1957; $60,000 from 1958 to 1, as follows: $3,000 from 1951 to
1960
inclusive; $65,000 in 1961 and 1961 inclusive, and $2,000 in 1962.
1962; $70,000 from 1963 to 1965 in- Interest (J-J). Legality approved
Bond
Sept.
•
&
man
Bond
Cook County Sch. Dist. No. 37
(P.
O.
Wiimette),
III.
-Bond Sale—The $250,000 build¬
ing bonds offered Oct. 17—v; 170,
1443
p.
awarded
were
—
price
a
of
.about 2.06%.
; Due
a
2V4s,
basis of
as
Dated Sept.
1,
1949.
Dec. 1, from 1951 to 1958
on
inclusive.
der
100.38,
John
to
,Nuveen & Co., of Chicago,
The second highest bid¬
Blunt Ellis & Simmons,
was
and
:
Martin, Burns & Corbett,
'jointly, for 2V4s, at a price of
100.32, a basis of about 2.18%.
•
sealed
(CST)
of
Oct.
ries
notes
awarded
offered
the
to
Oct.
13
were
Bessemer
Trust
:Co., of Jersey City, at 0.79%
not
the
20,
1949.
and
$20,000
from
1951
on
to
Jan, 1,
sive. Bidders to
interest, expresesd
of
in
fied
the
check
purchaser
the
of
for
plus
Dated
Nov.
V
of
Davenport,
tracted
to
-
purchase
Quail &
—
have
con-
issue
an
of
$376,000 improvement bonds. The
-
issue
;
will
f voters at
be
considered
election
an
by
the
Oct.
on
both of Rockford, jointly,
reflecting
22.
bid
on a
interest
net
a
y' about 2.78%.
'•?tyS?'yy yy
:*
Walter E.
—
...
ceive
bonds
Oct.
19—
I443_were not sold
p.
bids
offered
received
were
Angola, Ind.
if
'I
Bond
Offering—John L. Estrich,
City Clerk-Treasurer, will receive
'
sealed bids until at 10
Nov.
on
,
4
building
1949
i
sive.
Bidders to
School
Evansville, Ind.
terest
water
exceed 3y2%
works
in1949
revenue
coupon bonds. Dated Aug. 1, 1949.
Denomination $1,000
Due $2,000
"
July 1,
1950,
$2000 Jan. and $3,1, 1951, .$3,000 Jan. and
".. July 1, 1952 to 1956, $4,000 Jan.
; and $3,000 July -1/ 1957 to 1960,
$4 000 Jan. and July 1, 1961, $5,; 000 Jan. and $4,000
July 1, 1962 to
000 July
•
r
'
3964, $5,000 Jan.
and
to Jan. 1, 1971. Bonds
maturing
1, 1955, and thereafter
redeemable at the option'of
'City
•
.
30 days'
the
notice, in inverse
nu-
merical order, at face value together, with the following premiums: 6% if redeemed on Jan.
1,
1955
;
July 1, 1959; 4% if redeemed
Jan.'1, 1960, or thereafter on
before July 1,
1964; 2%. if
'
thereafter
or
l
deemed
.
after
>
"
1
Jan. 1,
on
prior
to
on
or
1965,
before
on
or
re-
there-
or
fixed
ders to
for
name
expressed in
redemption.
the rate of
a
Bid-
multiple of
y4
of
of
*1%.
1
the
The
City.
A
certified
of
to
of
check
X%—v
re-
Busserton
(
i
j
.
.-
.
:
170,
p. 1540—
Slade & Mc-
offered
awarded
Bank, of
price of
(P.
to
the
O.
$35,000 school
Sept.
10
were
Atlas
National
Cincinnati, as 2s, at a
100.80, a basis of about
was
for
highest
bidder
Raffensperger, Hughes & Co.,
1 M>s, at a price of 101.04.
Johnson
Twp. (P. O. Versailles),
Sale
—
offered Aug.
24
the
Ripley
The
$60,00 bonds
awarded to
were
County Bank, of Os¬
good, and the Bank of Versailles,
Versailles, jointly, as 2s, at a price
101.03, a basis of about 1.87%,
of
follows:
as
North
Twp.
Bond
Sale—The
7.30
Jan.
on
1952
re¬
syndicate, composed of the
Indianapolis Bond & Share Corp.,
a
to
1,
1.85%.
1951
to
Dated
July
1
and
July 1, 1949.
Jan. 1 from
?
r
;
17—v,
awarded
the
Bank
merce
Louis,
to
170,
a
1, 1949. Due
on
highest bidder
The
C
was
Co., for iy4s, at
price of 100.14.
a
Vernon
Offering—W. H. Simpson,
Trustee, will receive
Township
sealed bids until 7 p.m.
(CST) on
Oct. 24 for the purchase of $16,not
to
exceed
bonds, divided
.
Twp.
bonds
170, p.
the
18—
1443—were awarded to
Indianapolis
&
Bond
Share
on
30,
as follows: $500 from
to
1963
inclusive, and
1964.
to
1963
inclusive,
and
>$1,000 in 1964.
Dated Sept. 15, 1949. Denomina¬
tion $500.
Bidders to name the
of
rate
interest,
payable
$500,
is required.
in
expressed
a
the
to
Townships,
■
^
Alpha Sch. Dist., Iowa
Additional
School
date
as
2y4s,
basis
of
were
July
1
at
ond
from
highest
aoolis
a
Bond
2.10%.
Due
1965
to
bidder
was
Share
to
$20,-
Wheelock
Cummins, of Des Moines.
were
held
&
These
authorized at the elec¬
on
In¬
price of
or
port.
ized
March
These bonds
at
the
14.
' ;>
1951
:;•>
v
to
inclu¬
1969
1960
Nov.
on
\
....
hall
bonds
—
The
-
author¬
held
on
$75,000
fire
department equipment
bonds has been sold to Quail &
Co., Of Davenport.
Moines
Moines,
National
2y4s, at
White-Phillips
Co., jointly, for l3/4s, at a price of
Bonds Sold—An issue of $22,000
bonds has been sold to
Shaw, Mc-
Dermott & *Co., of Des Moines, as
follows:
$10,000
disposal
sewage
bonds.
17
KANSAS
Belleville, Kan.
Bonds Sold—An issue of
.
street
improvement
been
sold
to
of Kansas
Stern
City,
of 100.02.
Bros.
lygs, at
as
has
&
Co.,
price
a
Due in 1 to 10 years.
sold to the Small-Millburn
Kansas
Co., of
City.
Kansas
City, Kan.
$39,000 general
Bond Sale—The
Trust
1V2S, at
as
in
X
bonds
.awarded
were
offered
to
Oct,
Com¬
the
Co., of Kansas City,
price of 101.48. Due
a
|p 10 years.
>
.
.
Meade Sch. Dist., Kan.
t
Bonds Sold—An issue of $350,000
improvement
been
sold
to
the
bonds
First
h^s
Securities
Co(> of Kansas, of Wichita.
:
Oakley,
Kan.
municipal
been
building
bonds
has
the Lathrop-Hawk-
sold
to
•
St. Paul, Kan.
Bonds
Sold—An
:
>
issue
•
of $4,500
T. Orr, of Monona,
park improvement bonds has been
price of 102.20.
sold to the Israel Co., of Wichita,
a
23As.
as
Indep. Sch. Dist., Iowa
ized
16.
These bonds
"
Bond Offering
ceive
sealed
interest
bonds.
Bank,
Pella, and Marion County State
Bank, Pella, -jointly for 2s, at a
price of 101.95.
Rock
Valley,
Camilla Mai-
—
bids until
10:30
re¬
a.m.
(CST) on Oct. 26 for the purchase
of $405,889.28 not to exceed 5%
1950 to
National
'7r
,
chel, Deputy City Cerk, will
highest
Pella
M$Y
on
Topeka, Kan.
Nov. 1 from
on
author¬
were
the election held
at
1969 inclusive. The second
was
$58,000
bonds
Garden City, Kan.
were
$225,000 build¬
ing bonds offered Oct. 17—v. 170,
p.
1238—were awarded to the
Carleton
D.
Beh
Co.,
of Des
Moines, and Veith,
Duncan &
Wood, of Davenport, jointly, as
2s, at a price of 101.95, a basis of
1.78%, to maturity. Dated Nov. 1,
bidder
revenue
12,000 water main bonds.
$17,000 town
Bond Sale—The
1949. Due
Bank,
and
awarded to H.
as
Nov.
on
Herrick Co., of Wichita.
street'and
alley
paving
Dated Nov. 15. >1949.
De¬
nomination $1,000, one for $889.28.
Due on Nov. 15, as follows: $41,889.28
to
in
1954
1950; $41,000 from 1951
inclusive
and
'$40,000
from 1955 to 1959 inclusive. Prin¬
Iowa
cipal and interest (M-N) payable
street
at the State Fiscal Agency, To¬
assessment
peka. Bidders to name the rate of
bonds offered Oct. 17—v. 170, p.
1540—were awarded to the Valley interest, expressed in a multiple
Sale
Bond
—
The
$7,000
special
improvement
of Vs of 1%. The approving opin¬
State Bank, of Rock Valley, as
ion of John S. Dean, Jr., of To¬
3y2s, at-a price of par. Dated Oct.
peka, will be furnished to the
1, 1949. Due on May 1 from 1950
inclusive.
1958
Beh
bidder
Co.,
for
*
100.71.
The
was
33/4s,
second
Carleton D.
at a price of
chaser at the expense of the City.
A
certified
Clerk, will receive sealed
bids until 8 p.m. (CST)
Nov. 7 for the purchase of
$45,000 city hall bonds. Dated Oct.
1949.
Due
$5,000
on
Nov.
1
City Treasurer's office. The ap¬
proving opinion of -Chapman &
Cutler, of
nished
fied
to
check
for
the
2%
of
the
City,
is
re¬
KENTUCKY
City
1,
to
M. Moulton,
and open
on
check
bid, payable
quired.
..
cipal and interest payable at the
of
Due
Bonds Sold—An issue of $20,000
•
from 1951 to 1959 inclusive. Prin¬
issue
Des
to
,
Sold^-An
Trust
Spencer, Iowa
were
1, 1949.
highest bidder was Harris
& Savings Bank, Chicago,
Iowa-Des
1, 1959,
"<:■:
Oct.
offered
Bond Offering—M.
Davenport, Iowa
Bonds
second
merce
Monona, Iowa
Sale
Bond
Dist., Iowa
election
Nov.
I from 1950 to 1969 inclusive. The
improvement
interest paying date there¬
any
after.
May 31.
Bond Sold—An issue of $90,000
building bonds has been sold to
.the White-Phillips Co., of Daven¬
sec¬
Indian-
Corp.,
a
on
of
inclu¬
1, 1949. The
dianapolis, for 2V2S, at
101.00.
on
awarded to Frank
1951
Oct.
&
offered
Co., of Cincinnati,
price of 101.24, a
about
sive. Dated
The $46,000
—
bonds
issue
a
Inc., of Waterloo,
l3/4s, at a price of
basis of about 1.67%.
Savings
maturing in
callable
highest
sold
Bettendorf Sch.
Sale
Twp.
1
from
are
to
been
tion
July 1 from 1952
1969
has
2.37%. Due
on
Sold—An
Bonds
bonds
1965 inclusive.
Bonds
000 gymnasium construction bonds
Corp., of Indianapolis, as 2V2S, at
a price of 101.00, a basis of about
lo
1
sive.
Pella
8,000 Civil Twp. bonds. Due on
Dec. 30, as follows: $500 from
Civil
$46,000
offered
Oct.
Nov.
follows:
as
$8,000 School Twp. bonds. Due
$14,000
Manson, Iowa
interest
4%
&
1956 inclusive.
1950 to
Twp. (P. O. Vernon), Ind.
000
Trust
$15,000
by the
Manson State ^Bank, as 2y4s, at a
: price
of
100.80,
as
previously
noted in v. 170, p. 1443,'are dated
Nov. 1, 1949, ;in the denomination
of $1,000, and mature $1,000 011
second
F. Childs &
as
Bonds Sold—An issue of $150,000 electric system bonds has been
Bond Sale Details—The
July 1 from 1950
inclusive.
1961
to
numerical
town hall bonds purchased
basis of about 1.13%. Dated Oct.
a
Dated
II
Co., of St.
price of 100.63,
Co., of Chicago, Stern
Co., of Kansas City, and
.•
Malvern
sewer
170, p.
William
to
the Leo L. Mak,
jointly,
100.70,
Bank, at a price of par. ^Dated
April 1, 1949. Due $2,000 on Oct. 1
Trust
iy4s, at
as
the
to
Mercantile-Com¬
&
&
&
subse¬
Bonds Sold—An issue of
1540—were
p.
Blair
Bros.
awarded
on
2% refunding bonds has been sold
t
'
Sale—The
maturing
inverse
by the purchaser.
Sale—The $600,000
Oct. 18—v.
1342—were
Nov.
in
approving opin¬
offered
,
Bond Sale—The $430,000 county
orphanage
1949
bonds
offered
Oct.
Bond
1964 'inclu¬
Malvern, la.
from
Twp. (P. O. Winslow), Ind.
Bond
1, 1949. Due $8,000
Legality approved by Ban¬
nister,
Carpenter,Ahlers
&
Cooney, of Des Moines.
Vanderburgh County (P. O.
Evansville), Ind.
\
IOWA
Patoka
&
order.
;
inclusive.
1964
Co.,
Jackson.
1, 1960, may be
payment on said date
any interest payment date
on
The
market attorney, shall
Wellsburg, Iowa
of
bonds
All
re¬
p.m.
Oct. 24 for the purchase
sewer, special assess¬
some
bonds
sewer
Republic
to
8
Waterloo, Iowa
a
from T950
thereafter
the
multiple of V4 of 1%. The approv¬
Trust Co., City Securi-h
ing opinion of Ross, McCord, Tee
Corp.,
and
Raffensberger, & Miller, of Indianapolis, will be
Hughes & Co., all of Indianapolis, furnished to the
purchaser with¬
as 2s, at a price of 101.07, basis of
out cost.
A certified check for
on
sive.
1956
name
ties
Due
at
Nov.-1
and
Fletcher
about
both
l%s,
until
100.55.
award¬
were
Webber
Dated Nov.
p.m.
1
Jan.
to
Township, is required.
,1950
$72,000 build¬
for
Chicago, jointly,
price of 100.58, a
basis of about 1.66%, to maturity.
F.
July 1 from
on
Bidders
$1,000 in
ing of 1949 bonds offered Sept. 7
—v.
170j p. 931—were awarded
to
Madison
building 1949 bonds.
1 from
1950
(P. O. La
fur¬
check
$120,000
Central
Paine,
to
*
Sch. Twp.
Paz), Ind.
be
&
for
Dec.
$28 000 School Twp.
32,000 Civil Twp.
ap¬
required.
Sale—The
the
to
and
Bond
Indiana
Bond
'
1.87%.
to
The ;second
same
Sale—The
Bond
bonds
Twp. Sch. Twp.
Oaktown), Ind.
of¬
July 1 from 1950 to 1962 inclu¬
E. Hailstone &
-
bonds
1949
bids
bonds.
Knoxville, Iowa
~
rate of interest, expressed in a
multiple of ]/4 of 1%. The approv¬
ing opinion of Ross, McCord, Ice
& Miller, of
Indianapolis, will be
furnished to the purchaser with¬
out cost. \ A certified check for
$500,
payable
to
the
School
„
will
bonds offered Oct. 17
until
The
Chapman
certified
State Treasurer, is
to
called
inclusive.
east
Leish, of Evansville, as l%s, at a
price of 100.31, a basis of about
1.20%.
Dated Sept. 1, 1949.
Due
for
$2,000, payable to the City, is
quired.
-
.
awarded
v.
interest,
approving opinion
Ross, McCord, Ice & Miller,
Indianapolis, will be furnished
the purchaser at the exxpense
»
were
maturity,
plus in
each case accrued interest to the
date
station
Oct.
are
Jan. ;l,
on
;
.
1950
quent
y'
$125,000
on
1955, or on any
y interest payment date thereafter,
on
fire
July 1, 1965
July
.
Sale—The
of
Chicago,
A
and
July
the rate of
name
office.
2%% of the bonds, payable to the
$1,000. Due $4,000
1951, and $4,000
Township, is required.
fered
sive.
:;i
of
Dated Nov. 2, 1949. Denomination
bonds.
1, 1949. Denomination
$1,000. Due $1,000 on July 1, 1951,
and $2,000 on Jan. 1 and July 1
from 1952 to Jan. 1, 1960 inclu¬
a.m. (CST)
purchase of
the
for
J $165,000 not to
y
Cutler,
Nov. 2 for the purchase
$40,000 not to exceed 3% in¬
terest school
on
.,••>
bids
ac¬
name
nished to the purchaser at his own
on
interest
Dated Nov.
as
rejected.
sealed
(CST)
plus,
Bidders to
opinion
Bond
—
thereof
July
on
from
Jones, Township Trustee, will
of
.
revenue
all
1
Offering
chase of $35,000 not to exceed 3%
;
Anderson, Ind. '
y" Bonds Not*Sold—The $2,000,000
170,
on
1951
as
side
\
v.
proving
Curtis,
.
riot to exceed 3% interest electric
v
a
Bond
Bond
'
value
Treasurer's
Curry Twp. Sch. Twp. (P. O.
Shelburn), Ind.
of
cost
INDIANA
y
State
ed
Winnebago County School District interest, expressed in a multiple
No. 64 (P. O.
of *4 of 1%.
The approving opin¬
Rockford), III.
Bond Sale —The $105,000 3V4% ion of Ross, McCord, Ice & Miller,
; building bonds offered Oct. 11— of Indianapolis, will be furnished
; v. 170, p. 1341—were awarded to to the purchaser at the expense
1' the Illinois National Bank & Trust of the School Township.A certi¬
Co., and the Third National Bank, fied check for $500, payable to the
.
as
Dated May 15, 1949.
,
Co.,
-
j
from
1.94%. Due
maturity, at any
terms of-101 y2% of
interest.
expense.
Jan.
1
....... 1
H. W. Wente,
—
$14,725.85
The
to
upon
par
Turkey Creek Twp. Sch. Twp.
(P. O. Syracuse), Ind.
Offering
on
of
callable
are
interst, expressed in a
of ys of 1%. Principal
and interest (J-D) payable at the
Twp. bonds, as 2s,
price of 100.52, a basis
and
issue
multiple
Twp.
bonds,
price of 100.14,
1
Dec.
on
inclusive.
1958
the rate of
City
in-
a premium of $18.
7, 1949. Due On Nov.
Bond Sale Contract
.
931—
p.
Lake
follows:
as
prior
crued
1969 inclusive.
sioners, is required.
(CST)
of
redemption in their numerical
the
Civil
a
said
time,
inclusive.
about
1
Zion
Township
Trustee,
■Community
Unit Thompson,
will receive
sealed bids until 8
School District (P. O. Mount:
p.m. (CST) on Oct. 27 for the pur¬
i■'
'
Zion), III. ■ ■
•
1
1964
of
Mount
■
the
to
a
at
payable to the Board of Commis¬
10, 1950.
'
170,
13—v.
$1,750,000
to
of
order
bonds
School
40,000
A certi¬
the bonds,
of
for
awarded
Due
1954
bonds
Sale—The $100,000
to
County.
3%
from
■
July 1 and Jan.
the
at
1, 1949.
basis of about 1.72%. Due
ler, of Indianapolis, will be fur¬
to
*•
l3/4s, at
Ross, McCord,. Ice & Mil¬
expense
Oct.
North
$60,000
V4 of 1%. The approving opin¬
ion of
'
Bank> of Warsaw,
multiple
a
Dated
Bank
June 30 and Dec. 30 from
'
the rate of
name
sealed
$1,000.
1.96%.
on
were
1965 inclu¬
purchase
ceive
be furnished
Offered Sept.
$1,-
the
(CST)
ment
Bond
July 1, 1950,
Jan. 1 and July 1
a.m.
ion of
Union
Twp. (P. O.
Webster), Ind.
on
for
2
11
Offering
City Clerk and Auditor, will
Dated'Dec. 2, 1949. Denomination
pur¬
Denomination
until
receive
terest service compensation bonds.
a1
exceed
to
will
55
Waterloo, Iowa
Bond
J. M. Grimes,
—
$8,750,000 not to exceed 2y2% in¬
the
to
Tippecanoe
a.m.
bids
Nov.
on
1027—were
p.
(State of)
Treasurer,
sealed
^offered
1950 to 1959 inclusive.
re¬
10
State
$15,000 im¬
bonds
170,
Iowa
Bond Offering
Bond
yterest,
'
for
7
$600,000
000, Due $20,000
nished
>
will
until
1949
(1643)
and
about
Rohra-
3% -interest hospital bonds. Dated
Moline
Housing Authority, III.
Note Sale—The $577,000 9th Se¬
Nov.
on
chase
bids
a
Due
Joe
—
Auditor,
County
ceive
r
let
Offering
faugh,
<
(P. Or Frankfort),
Indiana
Cutler, of Chicago.
CHRONICLE
Co., of North Vernon, as 2s,
price of 100.16, a basis of
Trust
at
Clinton County
The
—
19—v.
awarded
000 in 1969.
Principal and interest
payable at some Chicago
bank. Legality approved by
Chap-
Sale
provement
.elusive;; $75,000 in 1966; $90,000 by Ross, McCord, Ice & Miller, of
in 1967; $95,000 in
1968, and $100,- Indianapolis.
(J-D)
FINANCIAL
Spencer Twp. Sch. Twp. (P. O.
Hayden), Ind.
'to
.and
•
&
Chicago, will be fur¬
the purchaser.
A certi¬
for $1,000 is required.
Boyd County (P. O. Cattlesbutg),
Kentucky
Bond Sale—The $126,000
building
Oct.
Bros.
19
&
revenue
were
bonds
awarded
school
offered
to
Stein
of Louisville.
Bonds are dated Oct. 1, 194$r
Denomination $1,000. Due Oct 1,
Boyce,
as follows: $5,000 in 1950 to
19$3,
$6,000 in 1954, $5,000 in 1955, $6,000 in 1956 to 1960, $7,000 in 1961
to
1965,
$8,000
in
1966
to
1968,
bonds are
to prior redemption only
subject
>"
Police
Jury, will receive sealed bids un¬
til 10 a.m. (CST) on Nov. 8 for
the purchase of $250,000 not to ex¬
ceed
4%
interest improvement
April 1, 1954, at the face
amount plus accrued interest plus
additional interest equal to 3% of
the face amount if the date stated
ter
prior redemption is on or be¬
April 1, 1959, and on the
same terms thereafter except that
fore
if
interest shall be
approved
Fahey, of
1%
thereafter. Legality
by
Skaggs,
&
Hays
Louisville.
r
until
opinion of
noon
(EST) on Nov. 1 for the purchase
of $500,000 not to exceed 3% in¬
terest
flood
protection
coupon
Stoneham, Mass.
office
the
at
,
$1,000. Due on Dec. 15, as follows:
$20,000 from 1950 to 1952 inclu¬
sive; $21,000 from 1953 to 1956
inclusive;
$22,000 in 1957 and
own
lows:
and
1950,
clusive.
1,' 1949. Denomina¬
Principal and inter¬
payable at the Day Trust Co.,
Dated
tion
est
Chatham, Mass.
Sale—The $390,000
in
$13,000
$10,000 from 1951 to 1954 in¬
expense.
Bond
1, as fol¬
notes. Due on Nov.
receive sealed bids be designated by the purchaser.
(CST) on Nov. 8 for The approving opinion ot Cald¬
the purchase of $625,000 not to ex¬ well, Marshall, Trimble & Mitch¬
ceed
4%
interest school bonds. ell, of New York City, will be
Dated Dec. 15, 1949. Denomination furnished by the Authority at its
until 10 a.m,
Lafayette, La.
Offering—Curtis A. Rode-
•
Bond
bids
sealed
will
Board,
Trauernicht, of St.
Louis, will be furnished to the
purchaser. A certified check for
$3,000, payable to the Parish Po¬
lice Jury Treasurer, is required.
Bond Offering— The Commis¬
sioners of the Sinking Fund will
bids
purchaser.
Trustman, Chairman,
& Dawson, of New York
City, will be furnished. A certi¬
fied check for $100,000, payable
King
&
Charles
,
sealed
The approving
in 1964.
Louisville, Ky.
receive
Note
the
will be furnished to
Boston,
Authority, Mass.
Offering — Benjamin A.
Brookline Housing
approving opinion of Wood,
The
by the
purchaser
the
to
nished
Authority at its own expense.
City, or at the State Treasurer's
office, at the option of the holder.
.
2%
1964, and
before April 1,
or
on
Parish
expressed in
of interest,
rate
multiple of y4 or 1/10 of 1%.
The approving opinion of Storey,
Thornaike, Palmer & Dodge, of
a
York
New
of
will receive
Note Offering—George H. Holof the
State Housing Board, 18 Tremont, den, Town Treasurer, will receive
bonds. Dated Nov. 1, 1949. Denom¬
sealed bids until Oct. 25 for the
ination $1,000. Due on Nov. 1, as
Street,
Boston,
until
11
a.m.
to the. Department of Hignways,
purchase
of
$103,000
coupon
follows: $11,000 in 1950; $13,000
(EST) on Oct. 27 for the purchase
notes, divided as follows:
is required.
s
of $2,000,000 Third Series notes.
from 1951 to 1953 inclusive; $15,Dated Nov. 7, 1949. Due on Nov.
000 from 1964 to 1956 inclusive;
$50,000 water mains loan notes.
Richland Pariah Sch. Dist. No. 3
Due $5,000 pn Nov. 1 from
7,
1950. Principal and interest
$17,000 in 1957 and 1958; $19,000
(P. O. Rayville), La.
1950 to 1959 inclusive.
from 1959 to 1961 inclusive; $21,1 at such incorporated
Bond Offering—J. B. Thompson, payable
000 in 1962 and 1963, and $22,000
53,000 street construction loan
Secretary of the Parish
School bank or trust company as may
for
the additional
C. L. Moore,
—
the
of
Secretary
date falling af¬
interest payment
Offering
Bond
.
numerical order on any
In inverse
par
the
Donovan & Heenehan,
City, will be fur¬
Sullivan,
value thereof, at the
option of the State. Principal and
interest
(M-N) payable at the
State's fiscal agency in New York
the
of
Franklin Parish (P. O. Winnsboro),
Louisianna
$6,000 in 1969. The
and
Monday, October 24, 1949
COMMERCIAL & FINANCIAL CHRONICLE
THE
Nov.
$1,000.
Bidders to
Boston.
school
the rate
name
of "interest, expressed in a mul¬
bonds offered Oct. 20 were award¬
De¬ macher, City Secretary, will re¬
1, as ceive sealed bids until 10 a.m. 1958; $23,000 in 1959 and 1960; ed to the Bankers Trust Co., of tiple of y4 of 1%.
(CST) on Nov. 15 for the purchase $24,000 in 1961 and 1962; $25,000 New York, as l^s, at a price of
follows: $15,000 from 1950 to 1957
MICHIGAN
in 1963 and 1964; $26,000 in 1965;
inclusive; $20,000 from 1958 to of $1,062,000 not to exceed 4%
100.10, a basis of about 1.48%.
interest bonds, divided as follows: $27,000 in 1966; $28,000 in 1967;
Bonds are dated Nov. 1, 1949.
1966, and $25,000 from 1967 to
Antwerp Twp. Frac. Con. Sch. Dist.
$29,000 in 1968 and 1969; $30,000 Denomination
No. 7 (P. O. Mattawan), Mich.
1974 inclusive. Principal and in¬
$1,000.
Due' on
$159,000 fire department bonds.
in
1970 and 1971; $31,000 in 1972
Due on Dec. 1, as follows: $1,Nov. 1, as follows: $20,000 from
terest
(M-N)
payable at the
Bond Offering
Manley Van
and 1973, and $32,000 in 1974. In¬
000 from 1951 to 1953 inclu¬
Bankers
Trust Co.,
New York
1950 to 1964 inclusive, and $18,Voorhees,
Superintendent of
terest J-D. The approving opinion
000 from 1965 to 1969 inclusive.
sive; $2,000 from 1954 to 1956
City. Bidders to name the rate of
Schools, will receive sealed bids
of Charles & Trauernicht, of St.
inclusive; $3,000 from 1957 to
interest, expressed in a multiple
Principal and interest payable at until 8:30 p.m. (EST) on Oct. 28
Louis, will be furnished to the
of
Vs
of
1%. The
approving S 1959 inclusive; $5,000 in 1960
the Second National Bank, of Bos¬ for the
purchase of $20,000 not to
A certified check for
and 1961; $6,000 from 1962 to purchaser.
ton.
opinion of Mitchell & Pershing, of
Legality approved by Storey, exceed 4% interest school coupon
payable
to
the Parish
1967
inclusive;
$7,000 from $3,000,
New York City, will be furnished
Thorndike, Palmer & Dodge, of bonds.
Dated Nov. 1, 1949.
De¬
School Board
Treasurer, is re¬
1968 to 1973 inclusive; $8,000
to the purchaser without cost. A
Boston.;: ■
^:,v\" nomination $1,000. Due $4,000 on
' t'
in 1974 and 1975; $9,000 from quired,
certified check for $10,000, pay¬
Dated Nov. 1, 1949.
nomination $1,000. Due Nov.
bonds.
—
Commissioners of the
able to the
Sinking Fund, is
Louisville, Ky.
•
1
t
1976
Offering—Geo. L. Evans,
Bond
4% interest
Series B
bonds. Dated June 1, 1949.
000,000 not to exceed
June 1,
as follows:
$30,000 in 1952, $60,000 in 1953 and 1954, $70,000 in
1955, $75,000 in 1956, $80,000 in
1957 to 1960, $85,000 in 1961, $90,900 in 1962 to 1964, $100,000 in
1965
to
1967, $105,000 in
1968,
Denomination $1,000. Due
$110,000 in 1969 to 1972, $120,000
in 1973 and 1974, $125,000 in 1975
1976, $130,000 in
900 in 1978 and 1979,
ahd
1977, $140,$145,000 in
and $170,000 in 1986 and
1987. Principal and interest (M-N)
and 1985,
payable at the Chemical Bank &
Trust Co., New York- City. Bid¬
ders to name the rate of interest,
expressed in a multiple of Vs of
1%.
The approving ODinion of
Mitchell & Pershing, of New York
furnished to the pur¬
City, will be
Dists. (P. O.
Montgomery), La.
Sch.
Offered—White,
Hattier & Sanford, of New Or¬
leans, are publicly offering an isme of $102,000 bonds, divided
as
1
,
;
$30,000 2%% Montgomery School
District No. 33 bonds. Due on
Oct.
15,
as
follows;
$4,000
from 1951 to
1955 inclusive,
Dec.
bonds.
Due
Dec.
on
1,
as
fol¬
$1,000 from 1951 to 1956
inclusive; $2,000 from 1957 to
1959
inclusive; $3,000 from
1960 to 1964 inclusive; $4,000
from 1965 to 1970 inclusive;
lows:
$5,000 from 1971 to 1975 inelusive, and $6,000 from 1976
.*
;
to
50,000 wharf bonds. Due on Dec.
1, as follows: $1,000 from 1951
to 1959 inclusive; $2,000 from
1960
to
19781 inclusive,
and
$3,000 in 1979.'
Dec. 1, 1949. Denomina¬
$1,000. The approving opin¬
ion of Chapman & Cutler, of Chi¬
Dated
cago,
.
to
inclusive.
son,
8,000
Consolidated School
31/2%
No.
District
$2,000
.
,
.
on
11
Oct.
bonds.
Due
15 from
1951
to 1954 inclusive.
Oct.
15,
from
•and
follows:
$2,000
to 1958 inclusive,
as
1955
$3,000 from 1959 to 1964
/
inclusive.
f'
Dated Oct. 15, 1949. Denomina¬
tion $1,000.
(A-O)
Principal and interest
payable
at ..the
.
National
sealed
receive
Highways,
will
until
11
registered bonds. Dated
Nov. 1, 1949. Denomination $1,000.
Due on Nov. 1, as follows: $75,000 from 1953 to 1959 inclusive;
Medford Housing
20—v. 170, p.
to
Salisbury, Md.
incin¬
treatment plant
Oct.
17 were
awarded to Alex. Brown & Sons,
offered
bonds
1949
$1,500,000
shall be callable at par
fixed
and accrued interest to date
for
Legality approved by Chapman &
or
Cutler, of Chicago.
thereafter, plus a premium of 2%
redemption on Nov. 1,
on
any
1954,
interest payment date
1541—were awarded
group
follows:
;
■. • f
•
160,000 at 0.75% interest,
notes
The
dated
are
plus
iy4s.
as
100,000
IV2S. Due on Nov.
1957 to 1960 inclusive.
as
Due on Nov. 1 in
1 %s.
as
and
1961
1962.
<
Authority, Mass.
$545,000
series notes offered Oct. 20
awarded to the First National
first
was
Bank of Boston, at
0.71% interest,
premium of $5. A group
145,000 as 2s. Due on Nov. 1 from composed of J. P. Morgan & Co.,
1963 to 1969 inclusive.
Inc., Bankers Trust Co. and Sec¬
The second highest bidder was ond
National Bank
of Boston,
Kidder, Peabody & Co., for $60,- named a rate of 0.73%, plus $21
000
4s;
as
$80,000
as
a
plus
a
$260,000 as 13/4S, and premium.
2s, at a price of 100.04,
MASSACHUSETTS
bids
sealed
chase
the
at
State Housing
Mass.
a.m..,
office
of
of
the
Board, 18 Tremont
until
11
a.m.
27 for ►the pur¬
$340,000 Third Series
7, 1949. Due on
20,
1950. Principal
and in¬
incorpo¬
(EST)
on
F.
bidder
was
3%s;;" $220,000
as
Phillips,
O ff
e r
i
District
and
l%s,
as
2s, at a price of
100,006.
Mich.
Cadillac Sch. Dist.,
Bond
Braun,
$90,000
g—William
n
Secretary,
A.
will
receive sealed bids until 7:30 p.m.
(EST) on Nov. 9 for the
purchase
3% in¬
of $985,000 not to exceed
terest
building
coupon
bonds.
Denomination
$1,000.
Due July 1, as follows:
$10,000 in 1950, $45,000 in''1951,
$50,000 in 1952 to 1955, $55,000 in
1956 and 1957, $60,000 in 1958 and
1959, $65,000 in 1960 and 1961,
$70,000 in 1962 and 1963, $75,000
in 1964 and 1965, and $80,000 in
Dated Nov.
1, 1949.
to
the
1966,
option
may
in the years
redeemed
District, in
be
of the
order
inverse
numerical
Treasurer, will
until 10:30
interest
payment date on or after
the
July 1,
1954, at par and
interest
bids
25
Oct.
for
40,000 school loan bonds. Due
$2,000 on Nov. 1 from 1950 to
-
.
-
June
highest
as
on
any
on
plus
accrued
a
each bond called for
-
Oct.
notes. Dated Nov.
ond
premium of $20
redemp¬
tion on or prior to July 1, 1958,
$200,000 school loan, Act of 1946 and a premium of $10 on each
v
bonds. Due $10,000 Nov.
1 bond called for redemption after
from 1950 to 1969 inclusive.
July 1, 1958, but on or prior to
Boston,
on
Town
sealed
George
—
Grand
Due on July 1 from
inclusive. The sec¬
1978
to
1960
purchase
of
$240,000
coupon
bonds, divided as follows:
receive
will
Chairman,
tier,
receive
Raoul A. Carpen-
—
Offering
Campbell,
Agawam Housing Authority,
Sale
basis
a
Wade,
2s, at a price of 100.40,
of about 1.97%.
Dated
May 1, 1949.
at
Bond
of
Inc.,
as
1966. Bonds maturing
Norfolk, Mass.
basis of about 1.90%.
Note
J.
Rapids,
31, $850,000
Note Sale—The issue of
1
Walter
31, 1950. The
Bank
of New
National
Natick Housing
1
Nov.
on
1954 to 1956 inclusive.
from
50,000
Due
Co., of Milwaukee, Blunt Ellis &
Simmons
of
Chicago,
and
1949 and due on Oct.
Chase
bonds
17—v.' 170, p. 1444—
Bosworth & Co., Inc., for
at par.
Oct;
obligation
posed of the First National Bank,
of Chicago, Robert W. Baird &
1950
$1,455,000 at 0.73% interest,
a premium of $63.
1953 inclusive.
to
1950
45,000
(EST)
If 1955,
a
$1,250,000
The
—
general
awarded to a syndicate com¬
were
price of 100.04,
York, second high bidder, named
a basis of about 1.87%, as follows:
a
rate of 0.73%, plus a premium
$60,000 as 4s. Due on Nov. 1 from of $40.
;
, .
Street,
I960;
Authority, Mass.
$1,615,000 sec¬
series notes offered on Oct.
ond
as
erator and sewage
Sale
Bond
water,
•
Mich.
Harbor,
Benton
Sale—The
Note
Sale—The $400,000
Bond
in
in
Bank of .Commerce, New Orleans.
name
required.
.1961; $2,000,000 in 1962, and $2,500,000 in
1963 and 1964. The
bonds maturing on or after Nov.
$975,000
1949, Due on May 5,
;[/'{£
inclusive.
York,
composed of J. P.
will be furnished to the purchaser Morgan & Co. Inc., Bankers Trust
without cost. A'certified check for Co., both of New York, and the
$30,000, payable to* the City, is Second National Bank of Boston,
on
coupon or
Gres, and Associates, as 4s, at a
price of par. Dated March 1, 1949.
Due on Jan. 1 from 1953 to 1973
offered Oct.
Balti¬
the rate
a.m.
bids
Nov. 29 for the pur¬
$10,000,000 not to exceed
interest highway, Series IB
(CST)
Dated Nov. 7,
chase of
4%
26,000 3y4% Consolidated School
District No. 11 bonds.
Due
.
of
Director
Mass.
to the Au Gres State
0.77%, plus a small premium.
at
ple of i/8 or 1/10 of 1%. The ap¬
proving opinion of Niles, Barton,
Morrow
&
Yost, of Baltimore,
tion
follows;
$5,000 quired.
1961 inclusive,
Louisiana (State of)
$6,000 from 1962 to 1964
Bond Offering—R. B. Richard¬
and
to
Trust Co., of New
&
Sept.
1130—were awarded
Bank, of Au
26—v. 170, p.
$1,010,000 16th
Series notes offered Oct. 13 were
awarded to the Central Hanover
Bank
,
The $40,000 water
—
works revenue bonds offered
Sale—The
Note
expressed in a multi¬
of interest,
from
Oct.
as
Bidders
more.
ex¬
Mich.
Au Gres,
of
Co.
Trust
Mercantile
•
will be furnished to the pur¬
chaser without cost.
A certified
38,000 314% Montgomery School
check for 2% of the bonds is re¬
District No. 33 bonds. Due on
1958
Holyoke Housing Authority,
of Baltimore, at a
1979 inclusive.
$5,000 in- 1956 and 1957.
15,
Dated
bonds.
coupon
in 1951
and
from
3
interest,
of
rate
Bond Sale
City, will be furnished to the pur¬
chaser by the Authority. ;;
-
1, 1949. Denomination $1,000.
Due on Nov. 1, as follows: $45,-
improvement
'street
100,000
Bonds Publicly
•follows:
Series
the
name
proving opinion of Sullivan, Don¬
ovan &
Heenehan, of New York
light plant improvement,
electric
1979 inclusive.
.
LOUISIANA
Parish
to
the District
Bidders
to
Boston,
purchaser designates. The ap¬
the
purchase of $1,500,000 not
exceed 4% interest municipal
for the
sive; $10,000 in 1965 and 1966;
-V,; $11,000 from 1967 to 1969 in¬
clusive; $12,000 from, 1970 to
1972 inclusive; $13,000 in 1973
and 1974; $14,000 in 1975 and
1976, and $15,000 from 1977 to
without cost.
A certified
check for $100 000, payable to the
Board of Education, is required.
-
L.
Mills, Mayor, will receive sealed
bids until noon (EST) on Nov. 9
000 in 1950; $50,000 from 1951 in¬
1953 to clusive; $75,000 from 1956 to 1958
1955 inclusive; $3,000 in 1956; inclusive; $80,000 in 1959 to 1964,
$5,000 in 1957; $6,000 in 1958 inclusive; and $100,000 from 1965
and 1959; $8,000 in 1960; $9,- to 1969 inclusive. Principal and
interest
(M-N)
payable at the
000 from 1961 to 1964 inclu¬
1, as follows: $1,000
and 1952; $2,000 from
•
Hagerstown, Md.
—
Herman
Offering
and
until
11
a.m. pressed in a multiple of J/4 of 1%.
The approving opinion of Miller,
(EST) on Oct. 27 for the pur¬
& Stone, .of
chase of $1,040,000 Third Series Canfield, Paddock
Detroit, will be furnished to the
notes. Dated Nov. 7, 1949. Due on
A certi¬
June 20, 1950. Principal and in¬ purchaser without cost.
fied check for $225, payable* to
terest
payable at such incorpo¬
the District Treasurer, is required.
rated bank or trust company as
Co., of Jersey City at 0.79%, plus
small premium. Dated Nov. 7,
1949.
Due on Nov. 10, 1950.
Bond
1954 inclu¬
interest
to
(M-N)
payable at
Treasurer's, office.
of the
office
the
at
Housing Board, 18 Tremont
Street,
Nov.
260,000 park bonds. Due on
'
State
Trust
Bessemer
a
1979.
'
the
to
awarded
bids
sealed
from 1950
Principal
1
sive.
receive
will
Chairman,
Tigar,
•
$27,000 in 1976 and 1977; $28,000 in
1978, and $29,000 in
chaser
•Grant
Annapolis Housing Authority, Md.
Note Sale—The $213,000 9th Se¬
ries notes offered Oct.
13 were
$24,000 in 1972 and 1973; $25,000 in 1974; $26,000 in 1975;
1980, $150,000 in 1981, $160,000 in
1982 and 1983, $165,000 in 1984
Note
"
May
Housing Authority, Mass.
Offering
—
M. George
Chelsea
MARYLAND
$18,000 in 1964; $19,000 in
1965; $20,000 in 1966 and 1967;
$21,000 in 1968; $22,000 in 1969
and
1970;
$23,000
in 1971;
improvement,
coupon
and
inclusive,
$4,000 in 1954; $6,000 in 1955;
$7,000 in 1956; $9,000 in 1957;
$11,000 in 1958; $13,000 in
1959; $15,000 in 1960; $16,000
from 1961 to 1963 inclusive;
and Treasurer of the
Board of Education, will receive
sealed bids until noon (CST) on
Nov. 1 for the purchase of $4,-
.Secretary
school
1978
to
$10,000 in 1979.
493,000 drainage bonds. Due on
Dec. 1, as follows: $1,000 in
1951 and 1952; $3,000 in 1953;
required.
1969
inclusive.
*
,
July 1, 1962. Bidders to name the
rate of interest, exDressed in a
multiple of
y4 of 1%.
Principal
Denomina¬ and interest (J-J) payable at a
bank or trust company designated
rated bank or trust company as tion $1,000. Principal and inter¬
est payable at the First National by the purchaser. The approving
may be designated by the
pur¬
opinion of Miller; Canfield, Padchaser. The approving opinion of Bank, of Boston. Bidders to name
terest
payable
at
such
Dated Nov. 1, 1949.
Volume
dock
170
Number 4849
THE
&
Stone, of Detroit, will be
paid for by the District, A certi¬
ceed 5% interest
fied check for $20,000, payable to
the
District
Treasurer,
is
re¬
nomination
$1,000.
follows:
$10,000
bonds.
as
and
Mikado
Twps. Curtis
Twp. Unit Sch. Dist. (P. O.
Glennie), Mich.
numerical
Bond Sale—The $75,000 school
bonds offered Aug. 17—v. 170, p.
640—were awarded to Jones B.
Shannon
2%s, at
&
a
1949.
1954, at
to
of
2.70%.
Due
on
Dated
Nov.
July
from
15
the
plus
each
1950
bond
(EST)
of
sealed
$25,000
not to
8
to
will
revenue
Dated
1,
from
1, 1949.
Due
on
Bonds
shall
maturing in
callable
be
1962
to
1969
redemption
option of the Township
Board, in inverse numerical order,'
on Sept. 1. 1962, or on any interest
payment date thereafter at par
the
at
and
interest.
accrued
the
Bidders
check
—
bonds offered
7—v.
170,
—v.
at
price
a
of
ration of
Due
inclusive.
//';
Drain
S.
County,
Spec. Assmt.
1952
Is, due
inclusive, and $8,000
on Sept. 1, 1953.
15,000 sewer bonds: $12,000 as
iy4s, due on Sept. 1 from 1950
Port Huron
p.
'Bond
bonds
/
E.
of interest,
Oct.
Sch. Dist. No.- 1. Mich.
ing bonds offered Oct. 14—v. 170,
p. 1343—were awarded to Halsey,
Stuart & Co., Blyth & Co., of New
York, and Miller, Kenower & Co..
Detroit, jointly, at
price of
a
1949
100.11, a basis of about 1.88%,
as
follows:
17—v.
awarded
bonds
170,
Ripley
$50;000 eleven
mile road bonds:
114s, due on Jan. 1,
1951, and $35,000 as 114s, due
as
from
1952
to
1954
bonds:
$5,000
as
114s, due on Jan. 1, 1951, and
$18,00*9
114s, due
as
Jan. 1
on
from 1952 to 1954 inclusive.
Dated Sept.
Sanilac
1, 1949.
Elk
County,
Dist. (P. O.
(Bond
Creek
Drain
Sandusky), Mich.
Sale—The
$290,000 drain
bonds Offered July 25—v. 170, p.
349—were awarded to the First of
Michigan Corporation, of Detroit,
1, 1949.
to
Due
May 1 from 1950
on
inclusive.
1959
MINNESOTA
Aurora, Minn.
Warrant
,
Smolich,
Offerings
Village
bids
sealed
until
7
p.m.
1
Dated Sept. 1, 1949. The second
highest bidder was First of Mich¬
igan Corporation, Milwaukee Co.,
Milwaukee, and Stranahan, Harris
& Co., Inc., jointly, for $160,000 as
4s; $250,000 as 2y4s, and $240,000
as.l^s, on a bid reflecting a net
on
nomination
Dec.
to
the
for
pur¬
Due
$1,500
may
of
called
the
in
be called at the
Village and will
their
inverse
op¬
be
order.
Principal and interest (J-D)
pay¬
able at the State Bank of Aurora.
Okemos Con. Sch. Dist.,
Mich.
Bond Offering—Erwin J.
1962
to
Bennf,
Secretary of the Board of Educa¬
tion, will receive sealed bids until
8
p.m.
(EST)
purchase
of
on
Oct.
$285,000
27 for the
not
to "ex¬
for 3s, at a price
//
dated
1967
Oct.
1,
1949.
and
$5,000
inclusive.
from
All bonds
Principal and interest payable .at
any suitable
banking institution
designated by the purchaser. Le¬
gality approved by Dorsey, Colman, Barker, Scott & Barber, of
Minneapolis.
//
Louis
No.
County Indep. Sch. Dist.
(P. O. Rt. 6, Box 96,
62
Bond
Sale
struction
170,
v.
the
The $25,000
—
bonds
Northern
offered
con¬
Oct.
13—
Minnesota
A
certified
check
for
purchaser,
.
2%
the
of
Oct. 1 from 1950 to 1958 inclu¬
St. Paul, Minn.
O f f
Mitchell,
i
r
e
City
n
;
g—Joseph J.
will
Comptroller,
sealed
(CST)
bids
until
10
'V
1
f
the
to the purchaser
public
welfare
in¬
coupon
Due on Nov. 1, as
in 1950; $51,000 in
follows: $49,000
1951, and $52,000 in 1952. Bidders
to name the rate of interest, ex¬
pressed in a multiple of 1/10 or
*4 of 1%.
The approving opin¬
ion of Wood, King & Dawson, of
New York City, will be furnished
to the purchaser at his own ex¬
pense.
A certified check for 2%
of the bonds,
is required.
South
payable to the City,
offered
the
to
Oct.
13
Due
Nov.
on
Trust
Paul
St.
Sch.
Spec.
ders to
coupon
Dated
1,
1951
Due
Bond
O.
R.
National
awarded
to.1968
Long
the
to
First
Bank, of Bloomingdale,
inclusive//
Branch
Note Sale—The
notes
awarded
the
to
Oct.
Bessemer
Trust
$250,000
per¬
—were
E. J. Prescott
awarded to
& Co., of Minneapolis, and.As¬
sociates, at a price of 100.0108, a
net interest cost of about 1.837%,
follows:
Due on Oct. 1 from
130,000 l%s.
Due
on
T
Nov.
on
10, 1950.
1
from 1960 to 1964 inclusive.
The
bonds
are
and' .those
T,
1960
are
dated
.Bond
Sale—The
offered
Oct.
$249,500 bonds
18—v.
awarded to
were
170,
1445—
p.
B. J. Van Ingen
&
Co., and Byrne and Phelps,
Inc., both of New York, jointly,
as
2.10s, at a price of 100.15,, a
basis
of .about 2.07%,
maturing
callable
after
on
or
170,
v.
'<**■■
>
Union
Sch.
Free
(P. O. 2400 Chili
1
Rochester,
bonds
11), N. Y. /
$375,000 school
offered
Oct.
1445—were
p.
19-^-
awarded/Jo
Wood, Struthers & Co., of NewYork, and J. C. Bradford & Co/
of Nashville, jointly, as 2s, at
price of 100.59, a basis of about
,
1.94%. Dated July 1, 1949. Due qjr
July 1 from 1950 to 1978 inclusive.
ceive
Granville, N. Y.
Offering — Morris Rote-
sealed
bids
until
10
re¬
a.m.
on Oct. 26 for the purchase
$10,000 not to exceed 5% in¬
of
terest water bonds. Dated Oct.
1949.
Denomination
j
Due
1950
1959
from
1
-
26,
Due
$2,000.
to
in¬
55,500 local improvement
from
1950
Due
on
1959
to
assess¬
Nov. 1
inclusive.
33,000 police and fire apparatus
bonds.
1950
Due
to
Nov.
on
1954
from
1
inclusive.
Dated Nov. 1, 1949.
.
Sale—The $930,000 bonds
Oct. 20—v. 170, p. 1445—
awarded
to
a
syndicate
composed of Bartow, Leeds & Co.,
Tripp
&
Co.,
Shelby
Cullom
Davis
&
&
Co., and Paul Frederick
Co., all of New York, Lee W.
Carroll & Co., Newark, and J. G.
White & Co., Inc., New York. The
successful
bonds
a
are
on
posed
New
Oct.
inclusive.
100.07
1.70s
was
of
for
was
$929,000
price of
1.70s,
at a
basis of about 1.685%.
dated Oct. 1, 1949 and
as
Bonds
1969
bid
for
1
$930,000
made
1950
high
to
bid
bonds
as
by a group com¬
National
York,
from
Second
City
Kidder,
1950
to
Principal and in-
^
-
be
chaser
furnished
without
to
cost.
the
A
pur¬
certified
check for $200, payable to the Vii- r
lage, is required. /
Lackawanna, N. Y.
Bond Offering
Krause,
bids
Oct.
on
of
—
Joseph K
Treasurer, >yill
sealed
(EST)
chase
City
27
$594J)00
until
p.m.
the
for
not
re¬
2
pur¬
to
5% interest 1949 coupon
exceed
or
/
regis¬
tered bonds, divided as follows:
$309,000 incinerator plant bonds:
Due on Aug. 1, as follows;
$19,000 in 1950; $20,000 in
1951
to
1962
inclusive, and
$25,000 in 1963 and 1964.
,
285,000 street
repaving
bonds.
Due on Aug. 1, as follows:
$20,000 in 1950; $25,000 in
1951, and $30,000 from 1952 to
|
,
^
Trenton, N. J.
,
Bond
will
ceive
^
bonds.
inclusive.
from
1
(J-J) payable at the WashCounty
National
Bank,
Granville. The approving opinion
of Albert Berkowitz, of
Granville,
on
-
ment
1954
July
on
follows:
as
bonds.
sewer
Nov.
of
Oct. 1,
&
ington
May wood, N. J.
mature
Oct.
19—
terest
100.151,
1952 to 1959 inclusive.
Oct.
a
Chili
Dist. No.
1949. Due
were
Sale—The
O.
1954 inclusive. ;
and
$2,000
offered
improvement fund bonds
offered on Oct. 19—v. 170. p. 1444
...
.
DeWitt
$44,200 school
offered
iy4s, at
Road,
Co., of Jersey City, at 0.79%, plus
a
small premium. Dated Nov. 7,
May. 1, 1964, and there¬
par and accrued interest.
A certified check for $500 is re¬
Bond
and
(EST)
13—were
on
manent
1950 to
.
.
$464,000 8th Se¬
offered
certified **
Rosen, Village Treasurer,'will
Authority,
Housing
Jersey
1
1543—were awarded to
" Johnson
Bond
V;
•
New
ries
bonds
p.
as
Gates
D.
$37,200 school
17—v. 170, p.
Oct.
A
Salina
Bond Sale—The
(P.
*
interest,
Co., of Newprice of 100.07,
a
basis
of about
1.22%. Dated
Sept. 1, 1949. Due on Sept. 1 from
$7,360, payable to
Sale—The
offered
after, at
Thief River Falls, Minn.
H.
1949
bonds.
Dated May 1,
on
May 1, 1968. Call¬
quired.
1949
R.
City, is required.
1445—were
cost.
Sale—The
170,
York,
Wood, of New York City, will be
furnished to the purchaser. A cer¬
clusive.
Swedberg,
bus
v.
Co., New York City. Bid¬
name the rate of
interest,
expressed in a multiple of % or
1/20 of 1%. The approving opin¬
ion
of
Hawkins,- Delafield
&
1, Minn.
Bond Offering—C. J.
Cicejro,
Bond
ders to
bonds
the rate of
Central Sch. Dist. No. 3 (P.
North Syracuse), N. Y.
Trust
Dist.
of
for
Clay,
and
145, Butler), N. J.
(EST)
purchase
$15,451.50, payable tor
County, is required.
the
-
Box
the
without
check
$20,000 from 1953 to 1968
inclusive,, and $18,000 in 1969.
Principal
and
interest
(M-N)
payable at the Chemical Bank &
Kinneloh Sch.
receive
a.m.
&
Galloway, of New York.
City, will be furnished to the pur¬
1952;
the
for
name
chaser
Nov. 1,
on
2
will
11
ler
registered
1949. De¬
or
,
Nov.
until
expressed in a multiple of y4 or
1/10 of 1%.
The approving opin¬
ion of Vandewater, Sykes, Heck¬
bids until 8:30 p.m. (EST)
1, for the purchase
of
bonds.
YORK
(J-J)
payable
at
the
Treasurer's office. Bid-
County
10, 1950.
nomination $1,000. Due
as
follows: $15,000 in
Dist.
Secretary of the Board of Educa¬
tion, will receive sealed bids un¬
til 5 p.m. (CST) on Oct. 26 for
the
purchase .of
$8,000
2x/4%
1949.
interest
Nov.
school
1950
$772,575 not to exceed 5% interest
airport 1949 coupon or registered
bonds. Dated July 15, ,1949. De¬
nomination $1,000, except one for
$575. ' Due on July 15, as follows:
$62,575 in 1950; $75,000 in 1951
and 1952, and $80,000 from 1953
to 1959 inclusive.
Principal ancl
Englewood, TV. J.
Bond Offering—Arthur L. Holden,
City. Clerk,
will
receive
on
Nov. 1 from
Treasurer,
bids
Nov.
on
by
4
sealed
1.87%. Dated Now
on
Offering—Ralph C. Page,
sealed
Co., of Jersey City, at 0.79%, plus
small premium. Dated Nov.
7,
1949.
J.'
Bond
were
Bessemer
B.
inclusive'.
1963
County
a
$161,000
No.
able
notes
awarded
to
County (P. O. Binghamton), New York
of
Authority.
ries
170,
v.
—
Co., of New York,
price of 100.15, a
a
NEW
Burlington Housing Authority
New Jersey
Note Sale—The
$383,000 9th Se¬
Nov. 2 for the purchase
on
terest
Oct.
-'t:;
be furnished
at
18
Broome
10,
opinion
Trimble
1.90s,
to
Caldwell, Marshall,
&
Mitchell, of New York City, will
a.m.
bonds. Dated Nov. 1, 1949. Denom¬
1949
■
Nov.
on
2.40s, at a price of 100.06, a
basis of about 2.39%. Dated Oct. 1,
1949.
Due on; Oct. 1 from, 1950
of $152,000 not to exceed 5%
is
'
Due
approving
Oct.
awarded
&
1, 1949. Due
(EST)
of
a.m.
Ingen
basis of about
purchase
as
sive.
warrants, payable to the Village,
required.
11
the
1949.
National
Bank, of Minneapolis, as 3%s, at
a price of 100.004, a basis of about
3.24%.
Dated Oct. 1, 1949.
Due
Duluth, will be furnished
by the Village to the
The
1444—were awarded to
p.
$120,000 2s.
Montague,
10,
tified check for
Duluth, Minn.
as
more, of
for
est
The approving opinion of
Gillette,
Sullivan & At-
until
27
inclusive,
Nye,
interest cost of about 1.92%.
bids
Nov.
were
maturing Oct. 1, 1965 and there¬
after will be subject to redemp¬
tion at par and accrued interest
on Oct.
1, 1964, and on any sub¬
sequent
interest payment date.
on
1956
Housing Authority,
Hampshire
Note Offering—Eugene O. Manseau,
Chairman,
will
receive
New
$368,000 not to exceed 6% inter¬
1961
1959 inclu¬
1956 to
Warrants maturing in
1959
tion
$500.
from
31
sive.
25
Oct.
as
Manchester
offered
1542—were
Van
follows: $3,000 from 1952 to
as
building
Anthony
Clerk, will re¬
—
chase of $15,000 214% sewer war¬
rants.
Dated Nov. 1, 1949..
De¬
April
1,
5s, at a price of 100.008, a
basis of about 4.99%.
Dated July
1959
on
18
Allison-Williams
vare
as
(CST)
Due
Oct.' 1,
.4m
Due on April 1
from 1960 to 1964 inclusive.
extra
an
Bond
NEW HAMPSHIRE
Oct.
Twp., ]V. /. "
Sale—The $70,000 school
bonds
•
Minn.
Oct.
the
ination $1,000.
inclusive.
r23,000 water
ceive
inclusive.
to
Bank, Perham,
receive
1
rates,
of about 2.93%. The second high¬
est
bidder
was
Perham
State
Co.,: Inc., at,a: price of 100.006, a
of about 1.46%, as follows:
Jan.
above
Upper Deer field
p.
on
'
2s
Minneapolis, and Asso¬
1950.
offered
basis
on
1
Co., and Piper, Jaffray & Hopwood, both of Minneapolis, jointly,
as 3s, at a price of
100.60, a basis
Bond
$15,000
Joseph,
offered
awarded
1542—were
p.
Harriman
to
special
of
57
Co., Eastman, Dillon & Co., aruj
Byrne and.Phelps, Inc. •
of
as
First National
the
ciates.
improvement revolving fund
&
ex¬
Bond Sale—The $650,000 build¬
240,000 as 2s.
170, p.
to
Sale—The $73,000
•assessment
multiple of *4 of 1%.
The approving opinion of Miller,
Canfield, Paddock & Stone, of
Detroit, will be furnished to the
purchaser without cost.
A certi¬
fied check for $1,630, payable to
the County Treasurer, is required.
■
awarded
Bank
by
bid
bonds
NEW JERSEY
St.
on
a
$410,000 as l%s.
/from 1950 to
13—v.
Royal Oak, Mich.
'•
Bond
Vicks¬
of Kalamazoo, Kalamazoo. Bidders
of
Oct.
1964 inclusive.
to
(P. O. 351
able at the American National Bank
f.
1953.
1,
made
was
Bond Sale—The $60,000 perma¬
Sale—The $250,000 school
offered
the
issue to Jan. 1, 1951. Dated
1949.
Twp. Sch. Dist. (P. O.
1444—were
$8,000 from 1950 to 1958
inclusive, and $9,500.28 in 1959.
Principal and interest (A-O) pay¬
Negaunee
Sept.
on
to
high
$2,800,000 third issue notes. Dated
Jan.
on
of lx/2% from the date of
coupon
R. R. No. 3, Port Huron), Mich.
follows:
pressed in
inclusive, and $3,000
due
1
Second
100.283 for all of the
inclusive.
the entire issue will bear
St.
1,1949. Denomination $1,000, one
for $500.28.
Due on April 1, as
the rate
Is,
as
Vicksburg
Kalamazoo Avenue,
name
1952
to
Ashley,; County Drain ^Commis¬
sioner^ will receive -sealed bids
until 10 a.m. (EST) on Oct. 24 for
the purchase of $81,500.28 not to
exceed 4% interest special assess¬
ment coupon bonds. Dated
Oct.
to
as
Watlihg,
1954 Lerchen & Co., of Detroit. Dated
Oct. 1, 1949. Due on May 1 from
■.;/
burg), Mich.
Bond;«Offering — Charles
r
Corpo¬
follows:
bonds:
$30,000
as
on Sept. 1 from 1950
as
1950
Kalamazoo
awarded
Michigan
Detroit,
to
a basis of
July 1, 1949.
March 1 from 1950 to
on
of
$38,000 curb
iy4s, due
100.008,
Dated
1029—were
p.
First
the
to
Due
1971
interest.
sealed
Jan.
on
Denomination $1,000. Due on Oct.
Sale—The $53,000 special
assessment bonds offered Sept. 13
school
170,
addition
Bonds
Owosso, Mich.
Due
2.90s.
as
of 100.11.
Bond
Wade Inc., of Grand Rapids, as 3s,
about 2.99%.
the
to
Dated Sept. 1, 1949.
The $12,500
Sept.
$5,700, payable
Treasurer, is required.
,',./
awarded to the Walter
932—were
for
District
to
Harbor), Mich.
Bond Sale
the purchaser. A certified
of
cost
Jan. 1 from
on
2.90s.
as
bonds
Hager Twp. Sch. Dist. No. 6 (P. O.
Route
3,
Box
293,
Benton
j
In
nent
to
interest
from 1966 to
bonds called for redemption on
of
rate
12,000
on
each bond
on
14
from 1960 to 1965 inclusive.
for
Detroit, will be furnished without
interest, ex¬
pressed in a multiple of *4 of 1%.
Principal and interest (M-S) pay¬
able at the Mainistee County Sav¬
ings Bank, Manistee. The approv¬
ing opinion of Miller, Canfield,
Paddock & Stone, of Detroit, will
be furnished to the purchaser at
the expense of the Township. A
certified check for $500, payable
to the Township Treasurer, is re¬
quired.
;
r:-;v '■
name
$15.00
Oct.
1952 to 1959 inclusive.
after
cost
$226,000 im¬
offered
Due
(1645)
after that date, at par and accrued
follows:
as
3s.
as
138,000
redemption
1956;
net
a
$88,000
on
April 1, 1962. Bidders to
name
the
rate
of interest,
ex¬
pressed in a multiple of y4 of 1%.
The approving opinion of Miller,
Canfield, Paddock & Stone, of
for
Tne
—
bonds
3.07%,
or
inclusive.
1969
to
about
on
as
1962
1,
called
flecting
called for redemption on or after
April 1, 1960, but prior to April 1,
1962.
No premium shall be paid
cou¬
$1,000.
follows: $1,000 from
1953 to 1961 inclusive, and $2,000
Sept.
for
April 1, 1960; $5.00
in¬
Sept.
Denomination
bond
CHRONICLE
170, p. 1444—were awarded
to a syndicate composed of
Paine,
Webber, Jackson & Curtis, of Chi¬
cago, Juran & Moody, Kalman &
Co., and the Caldwell, Phillips
Co., all of St. Paul, on a bid re¬
so
$20.00
bond called for redemption on or
after April 1, 1958, but prior to
p.m.
4%
exceed
works
water
bonds.
pon
until
redemption,
redemption
or after April 1,
1956, but prior
April 1, 1958; $10.00 on each
on
Oct. 26 for the purchase
on
terest
Clerk,
bids
interest
any
after April 1,
or
called
FINANCIAL
—v.
follows:
prior to April
Filer Twp. (P. O. Oak Hill), Mich.
Bond Offering — Harry Strareceive
in
premium for.each bond
as
Sale
provement
on
on
Bond
v
Due
date fixed for
a
each
Township
1, 1949.
De¬
April 1,
&
Richfield, Minn.
coupon
and accrued interest
par
redeemed
1,
to 1965 inclusive.
zyzewski,
Nov.
order
payment date
Detroit, as
price of 100.10, a basis
about
of
Co.,
building
1951, $15,000 in 1952, and $20,000 in 1953
to 1965.
Bonds maturing in 1955
to 1965 may be ledeemed at the
option of tne District in inverse
quired.
Curtis
Dated
COMMERCIAL
Bank
Peabody
of
-
&
;
-
1959 inclusive.
;
Dated
Aug.
1, 1949. Denomina¬
tion $1,000. Principal and interest
payable
(F-A)
turers
and
Buffalo,
Bidders
at
the
Lackawanna
to
Manufac¬
Co., of
Branch.
Traders Trust
name
the
rate
of in-
terest, expressed in a multiple of
x/4 or 1/10 of 1%. The approving
opinion
of
Vandewater,
Sykes,
Heckler
&
Galloway,
of
NewYork
City/ will be furnished topurchaser without cost. A cer¬
tified check for $11,800,vpayable
to the City, is required, t
,:•] ,.;j
the
.
THE
(1646)
58
i
previously noted in v. 170, p.
1345, were sold at a price of par.
as
Offering—Albert E. Hart,
Village Clerk, will receive sealed
bids until
3:30 p.m.
(EST) on
Nov.
000
to
not
;
■
coupon
or
awarded to
group formed by the merger of
a
syndicate headed by the Na¬
tional City Bank, of New York,
7
New
from
City,
1
p.m.
registered bonds. Dated
Denomination $1,Due on Oct. 15, as follows:
coupon or
<
as 2s.
Due on Nov.
1966 to 1969 inclusive.
1
Due on Nov. 1
as
2s. Due on Nov. 1
1993 inclusive.
1980 to
Due on Nov. 1
from 1994 to 1999
:
28 for the pur¬
not to exceed 5%
interest public improvement 1949
7
as 2%s.
Due on Nov. 1
1961 to 1965 inclusive.
5,310,000 as l%s.
(EST) on Oct.
chase of $49,000
Dated Nov. 1,
The
inclusive;
1949.
Trust
$6,000, payable to the
required.
■
of
members
the
J.
Co.,
P.
$9,735,000 as 4s, $3,540,000 as
for
$3,540,000 as lVzs; $5,310,000 as l%s; $15,930,000 as 2s; $3,540,000 as I V4S, and $1,770,000 as
Is, at a price of par, a basis of
2^s;
1.8999%.
National
Morgan
& Co.
-
improvement
$2,000 on March 1 from 1950 to
1958 inclusive.
Principal and in¬
Niagara
& Trust
Co., Lockport.
Bidders to name
the rate of interest, expressed in
a
multiple of lk or 1/10 of 1%.
The approving opinion of Fogle,
Andrews
& Pusateri,
of Lock-
terest'
County
payable at the
National Bank
ner,
Lehman
(EST)
1, as follows: $34,000 in 1950; $10,000 in
1951 and
1952; $8,000 in
1953
.
1955
inclusive, and $20,000 from
1954; $10,000 from
and
to 1959
These
inclusive.
1978
to
1960
part of a total author¬
$2,337,000. Principal
interest
(M-S) payable .... in
1949 bonds offered
bonds are
ized issue of
until
31
3:30
(EST)
p.m.
on
purchase of $36,exceed '4%
interest
the
for
bonds
Toledo, as 2V2S, at a
100.95, a- basis Of about
follows:
of
1965 inclusive.
on
of $500,6%
interest
and
•
the
multiple of V\
a
in
of interest, expressed
rate
of 1%. The ap¬
proving opinion
of Mitchell &
Pershing, of New York City, will
be furnished to the purchaser. A
certified' check for $10,000, pay¬
able to the State Treasurer,
inclusive.
Offering—W.
Bond
Dated Oct.
V
Easter-
E.
-
*
'
1, 1949. \ ;
T;', /
'
Ohio Ci 7 J
Sale—The $25,000 water
bonds
offered Oct.
10^—
Christiansburg,
••
Bond
works
170, p. 1446—were
v.
Co.,' of
&
McDonald
awarded to
Cleveland.
Sept. 15, 1949. Due on Sept.
15 from ]951 to 1975 inclusive, r.
Dated
Coshocton, Ohio
Bond
and
street
*.■;
/
.
$26,500
improvement
Sale Details—The
sewer
purchased by the city, as
previously noted in v. 170, p. 1543
—were sold as 2s, at a price of par.
bonds
Delaware, Ohio;'
Bond
Iv
'
Offering—Robert E. King,
City Auditor, will receive sealed
bids until noon (EST) on Oct.- 267
!
Concord, N. C.
" 7
'
'
is re¬
quired.
'
/
'
City. Bidders to name
New York
n
40,000 municipal building bonds.
Due on Oct. 1, 1950 to 1970,
bonds.
awarded to Geo. B.
Oct.
account
Brothers
Easter- price
school
18 were
bids
of Pittsburgh.
The
were
building Series B coupon
Dated Sept. 1, 1948. De¬
nomination $1,000. Due on March
Inc., all of New York, Harriman
or
coupon
registered bonds.
Dated Nov. 1,
1949.
Denomination $2,000.
Due
a.m.
exceed
to
not
000
Gibbons & Co., Inc., of New York,
000,
Ripley & Co., Inc., First Boston as
1.60s, at a price of 100.28, a
^$5,000 from 1950 to 1952 inclusive; Corp., Smith, Barney & Co., of basis of about 1.54%.
$4,000 from 1953 to 1955 inclusive; New York, Halsey, Stuart & Co.,
$3,000 from 1956 to 1959 inclusive, Lazard Freres? & Co., First Na¬ Peru, Peru Fire Dist. (P. O. Peru),
New York '7*
tional Bank of Chicago, Goldman, ; o■/;,/
and $1,000 from 1960 to 1969 in¬
clusive.
Principal and-interest Sachs & Co., Union Securities
Bond
Offering—H. E; Hebert,
(A-O) payable at the National Corp., both of New York, Drexel District Treasurer, will receive
Bank of Liberty, Liberty. Bidders & Co., of Philadelphia, Continen¬ sealed bids until 4 p.m. (EST) on
tal Illinois National Bank & Trust Oct. 28 for the purchase of $11,to name the rate of interest, ex¬
pressed in a multiple of V\ or 1/10 Co.,. of Chicago, Lee Higginson 385 not to exceed 5% interest fire
of 1%.
The approving opinion of Corp., of New York, Braun, Bos- station bonds. Dated June 1, 1949.
Vandewater, Sykes,
Heckler & worth & Co., Inc., Dick & Merle- Denomination $1,035. Due $1,035
Galloway, of New York City, will Smith, of New York, Alex. Brown on June 1 from 1950 to 1960 in¬
be
furnished to
the purchaser & Sons, of Baltimore, Dominick clusive.
Principal
and
interest
without cost. A certified check for & Dominick, Wood, Struthers &
(J-D)
payable
at the District
office.
Bidders
to
$980, payable to the Village, is Co., Coffin & Burr, Laidlaw & Treasurer's
required.
V Co., Roosevelt & Cross, Bramhall, name the rate of interest, ex¬
Barbour & Co., Robert Winthrop pressed in a multiple of 1/10 of
Lockport (P*0. R. F. D. No. 1,
& Co., all of New York, City Na¬
1%.
A
certified
check
for
Lockport), N. Y.
tional Bank & Trust Co., Kansas $227.70, payable to the District,
Bond Offering—John A.JHall,
City, Baker, Weeks & Harden, is required.
Town
Supervisor,
will
receive
Laird & Co., both of New York,
sealed bids until 2 p.m.
(EST)
Suffern, N. Y.
on
Oct. 26 for the purchase of Bacon, Whipple & Co., of Chicago,
Bond Offering—George M. Cox,;
F.
S. Smithers & Co., of New
$18,000 not to exceed 5% interest
York, and Singer, Deane & Scrib- Village Clerk, will receive sealed
road
11
building
Oct.
'$55,000
17—v. 170, p. 934—
awarded to Ryan, Suther¬
Sept.
land & Co., of
Oct. 25 for the purchase
.
-
until
leigh,
Bond Sale—The
pal
r
ling, Secretary of the Local Gov¬ 2.38%, as
ernment Commission, will receive $15,000 municipal building bonds.
sealed bids at his office in Ra¬
Due on Oct. 1 from 1950 to
Syracuse, N. Y.
$47,000 munici¬
North
Sale—The
Bond
Concord),
E.
Offering—W.
Bond
v;
•' '
Cadiz, Ohio
Carolina
North
National Bank, New York,
Chase
• ■;
•
offered
the
of
purchaser without cost. A certi¬
check for $1,000, payable to
the
Board
of Education,
is re¬
fied
District, is quired.
Carbarrus County (P. O.
Cummins, of Des Moines.
The second highest bidder was
composed
pressed in a multiple of V4 of 1%.
approving opinion of Bricker,
Marburger, Evatt &
Barton, of
Columbus, will be furnished -to the
NORTH CAROLINA
Cincinnati,
Alfred
Co., of Chicago, Rambo,
Close & Kerner of Philadelphia,
Julius A. Rippel, Inc., of Newark,
Sheridan Bogan Paul & Co., of
Philadelphia, and
Wheelock &
of
syndicate
&
Heckler
Sykes,
Galloway, New York City, will be
to the purchaser with¬
out cost.
A certified check for
furnished
Co., of Detroit, Magnus
&
Co.,
about
City Bank group consisted of the
First
National
Bank,
Bankers.
15, 1949.
Oet.
1
from 1970 to 1979 inclusive.
from
until
bids
as 4s.
Due on Nov.
1951 to 1960 inclusive.
The
Vanderwater,
Stix & Co., of St. Louis,
Walter, Woody & Heimerdinger,
of Cincinnati, Watling, Lerchen &
Co., of Detroit, Campbell & Co.,
of Newark, R. J. Edwards, Inc.,
of
Oklahoma
City,
McDonaldMoore
and
pressed in a multiple of % or 1/10
of 1%.
The approving opinion of
York,
&
1957; $7,000 in 1958; $6,000 in 1959,
$7,000 in 1960.
Bidders to
name
the
rate
of interest, ex¬
(M-S) payable at the First
National Bank, Wayland. Bidders
to name the rate of interest, ex¬
Co., all of New
&
Starkweather
Principal and in¬
terest
York,
O'Gara &
12,390,000
Offering—Chandler Borden, Village Treasurer, will re¬
sealed
New
inclusive^
1959
Rand & Co., both
Robinson-Humph¬
rey Co. of Atlanta, Sage, Rutty &
Co., of Rochester, John Small &
Co., Sulzbacher, Granger & Co.,
A. Pincus & Co.,
of
a
Bond
ceive
100.07%,
1.895%, as fol¬
8,850,000 as l%s.
Liberty, N. Y.
,
Brothers,
York, at a price of
basis of about
a
will be furnished to
the
purchaser without cost. A
certified check for $2,040, pay¬
able to the Village, is required.
!
Lehman
one
Cedarhurst, lows:
or
at
the
Lawrence-Cedarhurst
$8,850,000
Bank, Lawrence. Bidders to name
from
the rate of interest, expressed in
4,425,000
a
multiple of V\ or 1/10 of 1%.
from
The approving opinion of Haw¬
3,540,000
kins, Delafield & Wood, of New
York
by
and
Cedarhurst,
of
Bank
/
offered Oct. 18—
170, p. 1543—were
v.
National
payable at the Peninsula
—
bonds
a
$10,000 from 1951 to 1959 inclusive. Principal and interest (J-D)
,
Sale
Bond
housing
registered
bonds. Dated Dec. 1, 1949. De¬
nomination $1,000. Due on Dec. 1,
as
follows: $12,000 in 1950, and
1949
sewer
(State of)
The $43,365,000
York
New
purchase of $102,exceed 4%
interest
for the
1
Spring, as 2%s,
Hudson, of Cold
Lawrence, N. Y.
Bond
Monday, October 24, 1949
FINANCIAL CHRONICLE
COMMERCIAL &
for the
purchase of $66,668.42 3%
assessment bonds. 7" Dated
1949. Denomination $1,000, except one for. $1,668.42. Due
sealed bids at his office in Ra¬
on Nov. L as follows: $8,668.42 in
leigh, until 11 a.m. (EST) on Oct.
1951; $8,000 in 1952 and 1953, and
25 for the purchase of $150,000 not
$6,000 from 1954 to 1960 inclusive.
to exceed 6% interest recreational
Bidders to name the rate of in¬
facilities 1 coupon
bonds. ' Dated
terest, expressed in a multiple of
Nov. 1, 1949.
Denomination $1,of 1%. • A certified check for
000. i Due on May 1, as follows:
$667, payable tojhe City, is re- ;
$4,000 from 1951 to 1960 inclu¬
quired. •-/, • /
K'7"'" / .
sive; $5,000 in 1961 and 1962, and
$10,000 from 1963 to 1972?< inclu¬ Franklin County (P. O. Columbus),
Ohio
sive. Principal and interest (M-N)
Bond Sale—The $84,000 : Sewer
payable in New York City. Bid¬
ders to name the rate of interest, District No. 1 bonds offered Oct
Local Gov¬
Commission, will receive
ling, Secretary of the
ernment
special
Nov.
1,
'
Co., 000 not to
expressed in a multiple of Va of 14—v. 170, p. 1446—were awardof New coupon or registered bonds, di¬ 1%.. The approving opinion of led. to the First Cleveland Corp.,
/
'
Mitchell & Pershing, of New York of Cleveland, as IV2S, at a price
York, First National Bank, of vided as follows:
Portland, Eastman, Dillon & Co., $18,500 water bonds. Due on Dec. City, will be furnished to the pur¬ of 100.81, a basis of about f.36%.7.
Paine, Webber, Jackson & Curtis,
1, as follows: $1,500 in 1950;. chaser. A certified check for $3,- Dated Nov. 1, 1949. Due on March
Merrill Lynch, Pierce, Fenner &
$2,000 in
1951, and $1,000 000, payable to the State Treas¬ 1 and Sept. 1 from 1951 to 1960
from 1952 to 1966 inclusive. urer, is required. 4V '//7
Beane,. all of New York, Harris,
;'v;' inclusive. The second highest bid-:
der was J. A. White & Co;, for Hall
&
Co., Stroud & Co., of
17,500 sewer bonds. Due on Dec.
7 Sunbury, N. C.
Philadelphia, American Securities
l!£s, at a price of 100.59;
7"
;
1, as follows: $1,500 in 1950,
Bond Sale—The $75,000 school
and $1,000 from 1951 to 1966
Corp., Bacon, Stevenson & Co.,
Kent, Ohio a 7' -.
included
Phelps,
Fenn
Glore, Forgan & Co., both
,
>
will
port,
be
furnished
without
A certified check for $360,
^ost.
■^payable to the Town, is required.
Moravia, Locke, Niles, Sempronius,
Venice,
Central
Summerhill and Homer
Sch. Dist, No. 1 (P.
O.
Monrovia), N. Y.
Bond Offering — Elmer Morse,
District Clerk, will receive sealed
bids until 2 p.m. (EST) on Oct. 27
for the
purchase of $1,065,000 not
Bid-
inclusive.
Co., of Philadelphia, Boat¬
men's National Bank, of St. Louis,
Dated Dec.
both of New York, Moncure
die &
of Chicago,
Eldredge & Co., G. C. Haas & Co.,
Hirsch & Co., all of New York,
National State Bank, of Newark,
Wm. E. Pollock & Co., of New
Central Republic Co.,
York, Trust Co. of Georgia, of At¬
lanta, Tucker, Anthony & Co.,
G. H. Walker & Co., both of New
to exceed 4% interest school 1949
York;
•
coupon or registered bonds. Dated •! First National Bank, of Minne¬
Nov. 1, 1949. Denomination $1,000. apolis, J. Barth & Co., of San
Due on Nov. 1, as follows: $30,000
Francisco, H. M. Byllesby & Co.,
from 1950 to 1956 inclusive; $35,- of Chicago, Byrne and
Phelps,
000 from 1957 to 1974 inclusive,
Inc., of New York, First National
and $45,000 from 1975 to 1979
clusive.
Principal
(M-N) payable
in¬
interest
and
at the First Na¬
tional Bank of Moravia, Moravia.
Bidders
to
name
the
of
rate
in¬
Bank,
Co.,
of St. Paul, Ira
Co., of San Francisco, The Ill¬
Company, of Chicago, An¬
drews & Wells, Inc., of New York,
cost-
A
certified
check
for
$21,300, payable to the District, is
quired.
•
Mount Vernon, N.
Note
Sale—The
Y.
$662,000
bond
anticipation notes offered Oct. 13
awarded
to the
County
Trust Co., of. White Plains, at
0.70,% interest, olus a premium of
2.
Dated Nov. 1, 1949.
Due
we^e
on
\
"
Nelsonville, N.
Y.
Bond Sale Details—The
$11,300
Series A
bonds purchased by the
general -improvement,
and B,
National Bank of Cold Spring-on-
&
Bank
Trust
Co., Suffern, Bidders to name the
rate of interest, expressed in a
multiple of Va of 1/10 of 1.%. The
approving opinion of Hawkins,
Delafield & Wood, of New York
for
$780,
payable
Village, is required;
Sale
—
The
the
'
:
Y.D 7.
Tuckahoe, N.
Bond
to
$25,500 im¬
were
awarded to Geo. B. Gibbons
.
Co.,
of Milwaukee,
& i Co., of New
Monell
York, R. H. Moulton & Co., of
San Francisco, Newburger, Loeb
&
&
Co., of New York, Stern Bros.
Co., of Kansas City, Tripp &
Co., R. D. White & Co., both of
New York, Robert W. Baird & Co.,
of Milwaukee, Dolphin & Co., of
Philadelphia, Field, Richards &
Co., of Cleveland, Fox, Reusch &
Co., of Cincinnati, Robert Haw¬
kins & Co., of Boston, E. F. Hutton & Co., Mackey, Dunn & Co.,
both of New York, National City
Hartford,
of Balti¬
more, Auchincloss, Parker & Redpath, of Washington, D. C.. Hall
&
Co., of New York.
Martin,
Burns & Corbett, of Chicago, D.
of
Inc., of New York, as
a price of 100.02, a basis
about 1.29%. Dated Sept. 15,
Due
1949.
$5,500
1951
to
in
on
&
1954
and
as follows:
$5,000 from
inclusive.
«„
Legality
—
v.
170,
of Durham, jointly,
Co.,
price of par, a- basis
2.74%, as follows:
'
at a
of; about
$30,000 as 2V2S. Due on March 1
from 1952 to 1961 inclusive.
40,000
5,000
2%s. Due on March 1
as
from
as
1962
to
1971
inclusive.
basis
a
of
about
"
NORTH DAKOTA
-
Maddock, N. Dak.
j
'^Bond Sale—The $17,500 sewage
disposal
by Vandewater, Sykes,
Heckler & Galloway, of New York
at
Oct.
18—
v,
City.
bonds offered
Wayland), N. Y.
170, p. 1446—were awarded to
Kalman & Co., of St. Paul, as 3s,
a
price of par. Dated Sept. 1,
1951 to
1949. Due on Sept. 1 from
1960
inclusive.
a
Oct.
Sch.
price of
100.42^;
•
: *
;
(P. O. Etyria);
Bond Offering—Elvin C. Hadsell, Clerk of the Board of County
Commissioners,
will
receive
I
sealed
on
bids
Nov.? 1
until
for
10
the
.
a.m.*- (EST)'
purchase- of.
3% • water >supply im-/
provement No. 102 bonds. Dated
Nov/ 1, 1949. Denomination $1,000,»
except one> for $1,020.94, Due on
Nov.
1, as follows: $6,020,947 in
1951; $6,000 from 1952 to-1955 in-;
elusive, and $7,000 from 1956 to
1960 inclusive. Principal- and in¬
terest
(M-N) ' payable; -at /the
County Treasurer's office-. Bidders
to name the rate of interest, ex-The
Dist.,
bonds
19—v. 170, p.
Lorain County
Ohio
Va of 1%.
approving opinion of Squire,
Sanders
Local
$33,000 fire
pressed in a multiple of
OHIO
Brunswick
The
$65,020.94
2.78%.
VvV-
•
—
improvement-
1446+were awarded to the First Cleve- .
land Corp., of Cleveland, as lV£s,
at a
price of ; 100.51, a basis of
about 1.41%. Dated Oct. 1, 1949.
Due on; Oct. 1 from 1951 to 1960
inclusive. 1 The ' second
highest^
bidder" was Otis & Co.; for lVzs,;
offered
at
Dated Sept. 1,
approved
Wayland, Cohocton, Danville, Fre¬
mont, Springwater, Sparta, Conesus, Naple and Canadice Cen¬
tral Sch. Dist. No. I. (P. O.
Bond- Sale
station
3s. Due on March 1,1972.
1949. The second
highest bidder was J. Lee Peeler
&
Co.,
and
Vance
Securities
Corp.,' Greensboro, : jointly,
for
$49,000 as 2V2s; $12,000 4V?.s, and
$14,000 as 2s, at a price of 100.10,
/
Sept, 15,
1950,
18
1543—were awarded' to the
Kirchoferj, & Arnold Associates,
Inc.,*of Raleigh, and R..S. Hayes
p.
City, will be furnished to the pur¬
chaser without cost.
A certified
check
Oct.
offered
bonds
1.30s, at,
Bank, of Cleveland;
Putnam
&
Co.,
of
Stein
Bros. &
Boyce,
June 30,1950.
National
suffern
&, Co.,
Minsch,
out
1, 1949. Denomina¬
$1,000
inois
1/10 of 1%. The approving
opinion of Hawkins, Delafield &
Wood, of New York City, will be
furnished to the purchaser with¬
-
and $500. Principal
and interest (J-D) payable at the
tions
&
Milwaukee
or
<
Haupt &, provement bonds offered Oct. 14
of New York, Heller, Bruce
terest, expressed in a multiple of
V\
-:v\;
&
Dempsey,
/of
Cleve¬
furnished at the
Bond Offering—A. Wolff, Clerk County?s
Bond Offering—C. L. Hurlbut,
expense; - A 7-- certified
District Clerk, will receive sealed of the Board of Education, will re¬ check for $700, payable: tor the
ceive sealed bids until noon (EST) County Treasurer, is required.
bids until 1 p.m. (EST) on Oct.
26 for the purchase of $400,000 not on Nov. 3 for the purchase of $65,New Miami, Ohi6x
to
exceed
5%
interest building 000 314% building bonds. Dated
Bond Sale— The $50,000 water
1949 coupon or registered bonds. Qct. 1, 1949.
Denomination, $1,works bonds offered Sept. 26 were
000.
Due on Oct. 1, as follows:
Dated Sent. 15, 1949. Denomina¬
awarded to Ryan* Sutherland &•
tion $1,000.
Due on Sept. 15, as $6,000 in 1951; $7,000 in 1952; $6,follows: $35,000 from 1950 to 1954 000 in 1953; $7,000 in 1954; $6,000 Co., of Toledo, as 2%s, at a price
of 102.17, a basis of about 2.55%.*
inclusive, and $45,000 from 1955 to in 1955: $7,000 in 1956; $6,000 in
land,, will
'
•
be
Volume 170
Number 4849
Denomination
Dec.
on
1
clusive.
$1,000.
from
1351
Principal
Bonds
to
L.
in¬
interest
Sept.
Due
sive
1949.
the
at
from
Bond
Bank, at
White &
Co., of Cincinnati, Jones
Co., of Detroit, and
Raffensperger, Hughes & Co., of
Indianapolis, jointly, as 2s, at a
price of 102.08, a basis of about
$8,480
The
as
214s.
Village
ceive sealed bids until
noon
7
Oct. 15 from
inclusive.
Oct.
on
1949.
value, payable to the Dis¬
trict,, is required.
bonds
offered
Oct.
1446—were
p.
United
States
Portland,
100.73, a
14
2s, at a
basis of about
after
Oct.
15,
1952,
of
the
Board
Commissioners,
;
sealed
bids
Nov.
*>n
14
(EST)
purchase of
a.m.
the
for
b500,000 not to exceed 3% inter-f
Molly
Stark
Tuberculosis
West Linn), Ore.
Douglas
County, North Rosehurg
Sanitary Dist. (P. O. Box 176,
Rosehurg), Ore.
Bond
Sale—The $225,000 sewer
construction and treatment plant
bonds
offered
est
Sanatorium bonds.- Dated
1949.
Denomination
i>50,000
1960
Dec.
on
inclusive.
the rate
1
Dec.
$1,000.
from
1,
Due
1951
Bidders
to
to
name
of
interest, expressed in
multiple of 14-of-1%'. A certi¬
a
fied check for
the Board of
$5,000, payable to
County Commission¬
ers, is required.
/:!
V
bonds
'Sale
offered
1345—were
Co. of
The
—
Oct.
Columbus,
Dated
Oct.
10,
170,
the
p.
Ohio
follows:
$63,577.29 street and
Oct.
$166,577.29
to
as
bonds.
sewer
1949.
10 from 1951
Due
on
and
Associates,
the
4y4S, at
price
Dated Jan. 1, 1950. Due on
of par.
as
a
Jan. 1 from 1951 to 1970 inclusive.
Madras, Ore.
Bond Offering—Nestor Seaman,
City Recorder, will receive sealed
1,
obligation bonds. Dated Dec.
1949.
Due
June
on
1,
as
fol¬
lows: $3,000 from 1951 to 1968 in¬
clusive, and $1,000 in 1969, sub¬
ject to redemption on or after
June 1, 1960. A certified check for
5% is required.
Multnomah
street
170,
..
..
1960 in¬
to
clusive.
103,000.00
v.
to
—
bids until 8 p.m. (PST) on Nov. 3
the purchase of $55,000 gen¬
13—v.
awarded
13
awarded
Pacific Northwest Co., of Seattle,
eral
.Bond
Oct.
1346—were
p.
for
Warren, Ohio
bonds.
Dated
Millcreek
and
ties Joint
Sch.
Clackamas
Dist.
No.
Sch. Dist.
School
to
the
Bessemer
000
schoolybonds.
'
terest,
plus
Dated
in¬
receive
""'Note
'
—
Series notes offered Oct.
awarded
County Housing Authority,
Pennsylvania
Sale—The
$1,654,000 15th
Coun¬
15-302
Dated
Sale—The
date
of
awafded
were
tral
Hanover
New
plus
York, at
a
1949. Due
Dist.
stitution
Oct.
to
Dated
May 5, 1950.
exceed
2%
1,
Due
Union
on
after Nov.
or
lr 1966, shall be
callable for redemption in whole
or
in
part in the inverse nu¬
merical order of
maturity on Nov.
1, 1959, or on any interest pay¬
ing date thereafter, at par and
accrued interest plus a premium
of
3%
of
the
principal
thereof if redeemed
Nov.
1^
1964,
on
amount
before
or
premium
a
of
redeemed thereafter and
a
Radnor
before
Nov.
of 1%
on
1969,
before
with
1,
if
1974,
Bidders
to
name
thereafter.
of
Nov.
premium
no
interest,
and
redeemed
the
in
expressed
a
Additional
awarded
date
same
to the First Cleve¬
land
Corp., of
Sept. 15, 1949.
from
on
Cleveland.
Due
Dated
Sept.
on
15
1952 to 1955
inclusive.
highest bidders were
Stranahan, Harris & Co., Inc., for
$63,577.29
and
$103,000.00,
and
Braum, Bosworth & Co., Inc., for
The second
$13,019.65.
Warren
Twp.
Sch.
Dist.
Warren), Ohio
Bond
Clerk
Offering
of
—
W.
Board
the
of
(P.
O.
Bond
bonds
Moran,
Education,
will receive sealed bids until
Route
Box
1,
p.
Sale—The
offered
multiple
1242—were
noon
$65,000 school
Oct.
10—v.
awarded
170,
to
the
of
proving
3750
opinion
Elliott
phia,
&
Va
of
1%.
of
Munson,
will
be
The
ap¬
Townsend,
of
Philadel¬
furnished
the
to
purchaser free of charge. A certi¬
First National Bank, of Portland,
for $33,000 as 21/4s, and $32,000
fied
2s. Dated Oct. 1, 1949. Due on
Oct. 1 from 1951 to 1959 inclusive.
urer,
is required.
East
Pike
as
check
payable
Wasco
County Peoples
Utility Dist. (P. O. The Dalles),
Oregon
Bond Offering—Roy T. John¬
son, Secretary, will receive sealed
5
(PST) on Nov.
15 for the purchase of $50,000 not
to exceed 6% interest second lien
electric
p.m.
revenue
for
to
2%
the
of
the
Run
Twp.
Sch.
Dist.
Bond
Offering
District
sealed
Secretary,
bids
purchase
ligation
check
R.
—
until
of
Board
will
receive
Nov.
8
of
Grebb,
receive
will
Oct.
31
for
the
general ob¬
bonds. A certified
is required.
$500
sealed
bids
of
the
will
Board
School
of
sealed
Directors
bids
until
4 for
the purchase of $225,construction
bonds.
These
000
bonds
tion
Twp.
receive
Nov.
authorized at the elec¬
were
held
Valley
Nov.
on
2, 1948.
Sch. Dist.
(P. O.
Coatesville), Pa.
Bond Offering —
Harry G.
Smale, Secretary of the Board of
the
Nov.
on
1
nual
sive,
and
on
name
the
pressed in
at
are
the
1949.
1972
inclu¬
$4,000 on May 1 and
Nov. 1, 1973. Bidders to
$5,000
These
to
rate
a
of
interest,
ex¬
multiple of % of 1%.
the
election
bonds
held
authorized
on
Sept.
20,
A certified check for $1,850,
payable to the Board of Education,
is required.
•
,
OKLAHOMA
Rogers County Indep. Sch. Dist.
No. 33 (P. O. Rt. 1,
Oologah),
Oklahoma
Bond
Sale—The
$37,000 build¬
ing bonder pf*arec| Oct. 17—v. 170,
p,
1543—were
awarded
to
Evan
.
bined
instalments
total
that
the
com¬
of
principal and in¬
becoming due on July 1,
of each said years plus the in¬
terest becoming due on the re¬
spective
preceding
January
1,
000
borough bonds.
Twp. Sch. Dist. (P. O.
York, R. D. 4), Pa.
Bond
Sale
provement
—
The
bonds
$25,000
offered
im¬
Sept.
of
W.
$50,000
1950
to
1974
in¬
interest
on
interest
any
1,
1959,
paying date
Bidders to
interest,
of
Nov.
on
name
expressed
the
in
be as nearly equal as may
be, a variation of so much as
$1,500 being inconsequential. This
issue
of
the
bonds
is
subject
to
29—v. 170, p. 1242—were awarded
to Singer, Deane & Scribner, of
Pittsburgh,
as
2*/2s,
at;
a
price
of 100.38, a basis of about
2.46%,
to maturity. Dated Oct.
1, 1949.
Due on Oct. 1 from 1951 to 1975
redemption prior to maturity on
any interest date on or after July
inclusive.
1, 1959, in the inverse order of
Media Sch. Dist., Pa.
maturity (less than the whole of
a
single maturity to be selected
Bond O f f e r i n g—Leedom Y.
by lot). Principal and interest Tuckerman,
Secretary
of
the
(J-J) payable at the First Na¬ Board of School
Directors, will
tional Bank of Portland.
proving
opinion
The ap¬
of : Chapman
&
receive
(EST)
sealed
on
bids
until
8
p.m.
Nov. 1 for the purchase
follows:
as
Due
Feb.
on
1
from 1951 to 1962 inclusive.
4,000
2s. Due
as
Feb. 1, 1963.
on
Aug. 1, 1949. Denomina¬
tion $1,000.
Principal and interest
(F-A) payable at the Chase Na¬
tional Bank, of New York.
Legal¬
ity approved- by Sinkler, Gibbs &
Simons, of Charleston.
Sumter, S. C.
Bonds
*2*
Sold
An issue of $1,150,000 water works and sewerage
system refunding and improve¬
—
ment revenue bonds has been sold
to
syndicate composed of R. S.
a
Craigie & Co., of
Varnedoe, Chisof Savannah, at a
Richmond,
and
&
multiple of 14 of 1%.
The ap¬
proving opinion of Townsend, El¬
&
Munson,, of Philadelphia,
will be furnished to the purchaser
without
for
cost.
2%
of
A
certified
check
the.bonds, payable to
the-District Treasurer, is required.
road
170,
Sale
—
The
bonds' ^offered
1031—wea<a
p.
$4,000 3V2%
Sept.
19—v.
awarded
to
of
about
1949.
2.87%.
Due
on
Due
on
1963
to
inclusive.
Dated
Sept.
1,
Sept. 1 fromT950 to
1953 inclusive.
,
3s. Due
as
1967 to
Dec.
1
Dec. 1 from
on
1978 inclusive.
Dated Dec.
tion
$1,000.
1, 1949.
Bonds
Denomina¬
maturing sub¬
sequent to Dec. 1, 1955 are subject
to redemption at the
option of the
whole
as a
in part, in in¬
or
numerical order, on any in¬
terest
payment
date
beginning
Dec. 1, 1955, at par
plus accrued
interest to the date fixed for re-,
verse
demption and at a redemption
premium of 14 of 1% for each
year or fraction thereof from, the
date of redemption to the date of
maturity, such premium not to ex¬
ceed 4%.
Principal and interest
(J-D) at the Bankers Trust Co.,
New York.
Legality approved b]£r
Huger, Sinkler, of Charleston.
SOUTH DAKOTA
Britton
Indep. Sch. Dist., S. Dak.
Bond
Sale
The $30,000
building bonds offered Oct. 14—
—
v.
170,
1447^-rrwere awarded to
p.
the First National Bank, of Aber¬
deen,
and
tional
the
Northwestern
Bank,
jointly,
100.05,
of
Na¬
Minneapolis,
2.40s, at a price of
basis of about 2.36%.
as
a
Dated Nov.
from
1952
1, 1949. Due
to
1968
Jan., 1
on
inclusive.
The
second
highest bidder was Piper,
Jeffray & Hopwood, for 2.60s, at a
price of
par.
Hoven, S. Dak.
Bond
and
sewer
"■
Sale Details—The
fire
$57,000
protection
bonds
purchased by the Allison-Williams
Co.,
of
Minneapolis,
previously noted in
were
sold at
bonds
a
314 s,
as
170,
v.
price of
!
Sale—The
offered
1347—were
holt
as
1447,
p.
par.
14—v.
awarded
sewer
314%
$28,000
Oct.
as
bonds. Due
from 1952 to 1965
170,
the
to
Community Bank,
$19,000
1
price of 101.50, a basis
a
1
Dec.
on
as 2%%s. Due on Dec. 1
from 1964 to 1966 inclusive.
612,000
Bond
the Volent National Bank, of Vo¬
lant, at
1960
about
1959 inclusive.
2V2S.
as
of
Rosholt, S. Dak.
Washington Twp. (P. O. R.F.D.
No. 3, Volant), Pa.
Bond
1950 to
from
a
,
will
214 s.
E.
Bonds
thereafter.
liott
Manchester
terest
Humphrey Co., of At¬
-
as
receive
of
maturing in 1960
to 1974, are callable in whole or
in part at the option of the Dis¬
trict, in the inverse numerical or¬
der of maturity, at par and ac¬
Nov.
1951
will
care
from
1
clusive.
rate
from
in
building
coupon bonds. Dated Nov. 1, 1949.
Denomination $1,000. Due $2,000
sealed bids until 8 p.m. (EST) on
Oct. 24 for the purchaser of
$25,-
De¬
Directors,
bids
purchase
commencing July 1, 1953, and
ending July 1, 1979, in such an¬
1949.
Twp.
School
or
Due
July
$1,000.
$31,000
City,
Sch. Dist. (P. O.
McKees Rock), Pa.
Bond Offering—The
Secretary
Bond Offering—Dan N.
Morgan,
Borough Secretary, will receive
1,
nomination
Robinson
until
Philadelphia.
serially
bonds.'Dated
Lynchburg Sch. Dist.
(P. O. Lynchburg),
lanta, and Associates,
for the
Robinson
(EST) on Nov. 7 for the purchase
$185,000 4% building bonds.
Dated Nov. 1, 1949. Denomination
$1,000. Due $4,000 on May 1 and
of
re¬
126,000
Directors
purchase of $265,000 school bonds. Due
serially in
25 years. Legality approved
by
Saul, Ewing, Remick & Saul, of
crued
Hooversville, Pa.
fund Series 1949
is
-
South Carolina
Bonds Sold—An issue of
$35,000
school bonds has been sold to the
Secretary
School
Greenwood, Box 806, Coatesville,
until 8 p.m. (EST) on Nov. 3 for
$30,000
coupon
for
J.
13-14-30
O.
sealed
Dist.
County,
153,000
(P.
bonds,
Sch.
be;-
^
from
Treas¬
Borough
(P. O. California), Pa.
Northern
bids until
-
G.
O.
Portland 66), Ore.
Sale—The $13,019.65
street bonds offered
were
(P.
1
County Treasurer,
No.
price of 100.52.
'
Sept. 1, 1949. Due on Dec.
from. 1951 to 1960 inclusive.
the
holm
Wayne), Pa.
Offering—The
Bond
Of the
or
premium
a
if redeemed thereafter and
or
rate
1,
National
Stroud & Co.,
was
Twp.
'
2%
on
offered
Securities
l%s, at
-
if
Huger
will
the
Corp.,
New
Co.,
Aspden, Robinson & Co.; price of par, a basis
Woodcock, Hess & Co., and Ar¬ 2.90%, as follows:
thurs, Lestrange
& Klima, for $259,000 as 2%s. Due
to
1958, $2,500 in 1959 to
1968, $3,000 in 1969 to 1975, and
in 1976. Bonds maturing
of
Charleston,
to
York,
interest
$1,000
in¬
of
highest bidder
1949. Denomination $500.
1, as follows: $2,000
1950
1969
about
1.57%.
Dated* Dickson
&
Co., of Charlotte,
Oct. 15, 1949. Due on Oct. 15 from
Robinson-Humphrey Co., of At¬
1951 to 1974 inclusive. The second
lanta, F. W.
Nov.
in
a
Philadelphia
basis
a
water works coupon bonds. Dated
Nov.
the
bonds
170, p. 1346 —were
syndicate composed
Bank,
of
Philadelphia,
Smith,
Barney & Co., Yarnall & Co., and
Janney & Co., both of Philadel¬
phia, as l%s, at a price of 100.63,
sealed bids until 8 p.m. (EST) on
Oct. 26 for the purchase of
$65,not
district
of'
Co.,
interest,
County
Institution
Easton), Pa.
*
$1,900,000 in¬
O.
—v.
awarded to
Duncannon, Pa.
Bond Offering — P. H.
Arter,
Borough Secretary, will receive
000
14
Cen¬
$25.
Nov.
on
Sale—The
same
Trust
of
on
7, 1949. Due
(P.
Bond
on
0.79%
premium
Nov. 7,
&
were
Trust
$10,000
to
and
Dated
the
to
Bank
Nov.
Northampton
$377,000
Series notes offered
13
Bessemer
Due
1950
opinion
of
Lee
10, 1950.
Bank, of New York, at 0.78% in¬
terest, plus a premium of $20.
Dated Nov. 7, 1949. Due on
May
5, 1950. Additional
the
Co., of Jersey City, at 0.77% in¬
terest,
plus
a
small
premium.
Series notes offered Oct. 13 were
awarded to the
Chase National
8th
to
on
Bank, New York City. The
quired.
^ '
10, 1950.
Note
to
on
"*
(EST)
purchaser.. A
certified check for
$4,000, payable
of
Montgomery County Housing
Authority, Pa.
Sale
The $537,000 8th
a
small
premium.
7, 1949. Due on Nov.
Nov.
'
'
acott,
receive,
interest
payable at the Chase Na¬
Sinkler,
$50,*'
Trust
$1,000.
from
furnished
sealed bids until 8 p.m. (EST)
Nov. 1 for the purchase of
were
Co., of Jersey City, at 0.77%
will
1
approving
2
Directors
W.
will
noon
Principal
(M-N)
tional
O.
Erie), Pa.
Offering—The Board
Bond
—
awarded
(P.
Nov.
clusive.
bonds, payable to
Treasurer, is required.
Twp.
until
nomination
on
of the
Beaver
County Sch. Dist. No.
(P. O.
Offering — Kenneth Renner, Clerk of the Board of Direc¬
tors, will receive sealed bids until
receive
11
21%
bids
Oct. 28 for the
purchase of $200,-:
000 6% interest
hospital coupon
bonds.
Dated Nov. 1, 1949.
De¬
interest, expressed in
the District
Housing Authority, Pa.
Sale
The $468,000 9th
Bond
of
will
-
until
Schrantz,
County
for
red
Supervisor,
sealed
multiple of V8 of 1%. The ap¬
proving opinion of Townsend, El¬
liott & Munson, of
Philadelphia,
will be furnished to the
purchaser
free of charge. A certified check
1
uuvims—r
County
to 1969 inclusive. Bidders to name
of
of
County (P. O. Aiken), 5. C.'
jouuu
incl., and $15,000 from 1960
a
1.83%.
13
Aiken
follows: $14,000 from 1950 to
PENNSYLVANIA
Note
De¬
Nov.
on
as
R. F. D. No.
shall
Due
59
SOUTH CAROLINA
coupon
1, 1949.
$1,000.
the rate < of
the
Bank,
price
improvement
1959
170,
to
awarded
National
'
Bond Offering—Hilda
v.
—
as
~
Oerk
1,
(1647)
Dated Nov.
nomination
the par
Denomina¬
Oct. 29 for the purchase of
8 p.m. (EST) on Oct. 27 for the
$16,500 2V2% street improvement!,
purchase of $250,000) school bonds.
special assessment bonds.
Dated
Dated Nov.
1, 1949.
Denomina¬
Oct. 1, 1949.
Denomination $825.
tion $1,000. Due $25,000 on Jan. 1
Due $825 April and Oct. 1 from
from 1951 to 1960 inclusive. Prin¬
1950
to 1959 inclusive.
Bidders
cipal and interest payable at the
J;o name the rate of interest, exCounty Treasurer's office," or at
ressed in a multipde of 14 of 1%.
the fiscal agency of the State in
he approving opinion - of Peck,
New York City, at the option of
haffer & Williams, of Cincinnati,
the
purchaser.
;The
approving
•rli be furnished at the
expense
opinion of Winfree, McCulloch,
of-the village. - A certified check
Shuler & Sayre, of Portland, will
ir
$50fr, payable to the Director be furnished to the
purchaser. A
€f Finance, is required.
certified check for $5,000, payable
Stark County (P. O. Canton), Ohio to the District, is required.
on
bonds.
of
Dated Oct. 1, 1949. Due on Oct.
from 1950 to 1957 inclusive.
15
(A-O)
payable at the City Clerk's office.
re-r
(EST)
Oct.
be subject to call and
payment on
Oct. 15, of any year
subsequent to
1952. Principal and interest
3
will
certified check for 3%
Series notes offered Oct.
•
Clerk,
of^ $290,000
without
Allentown
Clackamus
Schauer,
purchaser
mature
Sumner S.'
—
Chicago, will be fur¬
the
tions $1,000 and $500, except one
for $980. Any of the -bonds which
highest bid¬
Osborn, Ohio
im¬
follows;
par, as
Due
Dated Oct. 15,
Kidder, Peabody & Co.,
Stranahan, Harris & Co., Inc., Na¬
tional City Bank, Cleveland, and
Field, Richards & Co., jointly, for
2s, at a price of 101.95.
Offering
CHRONICLE
County Sch. Dist. No. 61
(P. O. 8, Salem), Ore.
Bond Sale—The $16,000 school
$13,480
on
of
to
A
FINANCIAL
from 1956 to 1960 inclusive.
was
'vjt
Due
1955
&
Polk-
offered
price of
2s.
as
5,000
1, 1949. Due
1965 to 1973 in¬
second
bonds
1950 to
Nov.
May 1 from
a
cost.
Ore.
The
—
Cutler,
nished
awarded to the Baker State
were
B. Shannon &
Dated
Sale
provement
ing bonds offered Oct. 13—v. 170,
p.
1241—were awarded to J. A.
Bond
and
inclu¬
OREGON
.
der
l%s
1963
2s.
Raker,
Norwood City Sch. Dist., Ohio
Sale—The $750,000 build¬
clusive.
to
office.
Bond
1.81%.
1952
as
second
..
on
Tulsa,
COMMERCIAL
highest bidder
R. J. Edwards,
Inc., for l%s
and
payable
Treasurer's
of
The
was
Village
Legality ap¬
proved by Peck, Shaffer & Wil¬
liams, of Cincinnati.
■
<J-D)
1,
Davis,
2s.
$2,000
1975
and
dated
are
Due
THE
p.
Ros¬
follows:
on
Jan.
inclusive*^
9,000 fire protection bonds. Due
on
Jan.
1
from
1952
to
;
1960
inclusive.
Dated Oct.
1, 1949.
•
-
-
,
<T
60
Brownwood Housing Authority,
nati, Jack M. Bass & Co., of Nash¬
Texas
Knippel, ville, Memphis Securities Co., of
Note Sale—The $308,000 9th Se¬
Town Clerk, will receive sealed Memphis, Temple Securities Corp.,
13 were
bids until 8 p.m. (CST) on Oct. 31 of Nashville, Seasongood & Mayer, ries notes offered Oct.
of Cincinnati, and Bohmer-Rein- awarded to the Bessemer Trust
for the purchase of $6,500 3%%
hatt & Co., of Cincinnati, as 3s, at Co., of Jersey City, at 0.79%, plus
lire equipment bonds. Dated Nov.
a
small premium. Dated Nov. 7,
a price of 99.70, a basis of about
15, 1949. Due on May 15, as fol¬
3.01%. Dated Nov. 1, 1949. Due on 1949. Due on Nov. 10, 1950.
lows:
$500 in 1950, and $1,000
Nov. 1 from 1959 to 1972 inclusive.
from 1951 to 1956 inclusive. Prin¬
Dallas Indep. Sch. Dist., Tex.
cipal and interest (M-N) payable Loudon County (P. O. Loudon),
Bond Offering—Bryan Adams,
at the Town Treasurer's office. A
Tennessee
Secretary of the Board of Edu¬
certified check for $500, payable
Bond
Offering—H. L. Brooks, cation, will receive sealed bids
to the Town, is required.
County Court Clerk, will receive until 7:30 p.m. (CST) on Nov. 8
sealed bids until 10 a.m. (EST)
for the purchase of $8,000,000 not
TENNESSEE
on
Nov. 23 for the purchase of
to
exceed
4%
interest
School
Giles County (P. O. Pulaski) Tenn. $316,000 not to exceed 4% interest improvement,
Series
A
1949
school bonds. Dated Nov. 1, 1949. bonds. Dated Dec. 1, 1949. De¬
Bond Offering:—Campbell Han¬
nah, County Judge, will receive Due on Nov. 1, as follows: $60,000 nomination $1,000. Due $400,000
sealed bids until
1 p.mt (CST) in 1950 and 1951; $64,000 in 1952, on Dec. 1 from 1950 tc 1969 in¬
on
Nov. 8 for the purchase of and $66,000 in 1953 and 1954. Bid¬
clusive.
Principal
and
interest
$375,000 not to exceed 4% in¬ ders to name the rate of interest, (J-D) payable at the Republic
•
™
.
bonds.
bridge
and
road
terest
Denomination
$1,000. Due on Oct. 1,'as follows:
$10,000 from 1950 to 1955 inclu¬
sive; $15,000 in 1956 and 1957;
$20,000 in 1958 and 1959; $25,000
'
1960
from
expressed in a multiple of %
to
1964 inclusive, and
1967
(A-O) payable at the Cen¬
Bank & Trust Co.,
New York City, or at the office
•of the County Trustee. Bidders to
pressed in
interest,
of
rate
the
Ttame
ex¬
receive bids until
District, is required.
Oct. 27 for the purchase of $25,Dumas, Texas
000 funding bonds. Denomination
multiple of % of 1%.
a
^The approving opinion of Chap¬
man
& Cutler, of Chicago, will
be furnished to the purchaser. A
County Trustee, is
payable
required.
Lauderdale County (P.
O. Ripley),
000
3%% water works and sew¬
revenue Series of
has been sold to R.
age
Co.,
&
1949 bonds
A. Under¬
Dallas. Dated
of
1, 1949. Legality approved
$800,000 school
14—v. 170, p. by McCall, Parkhurst & Crowe,
of Dallas. These bonds were au¬
1347 -were awarded to a syndicate composed of Herman Bens- thorized at the election held on
dorf & Co., of Memphis, Womel— -f.
,
no
1Q4.Q
nnrl are nart of
•dorff & Lindsay, of Little Rock, March 26, 1949,
aie
Doll & Isphording, Inc., of Cincin- the $200,000 issue.
•
Oct.
Bond Sale—The
;
English Gold and Silver
We
tagu &
Samuel Mon¬
^
t
,
18th September, Sir Stafford Cripps,
announced the Government's decision
to devalue the pound sterling in terms of the dollar.
The new
middle rate, which became operative immediately, is $2.80 to the
pound, as compared with the previous rate of $4.03.
The change
necessitated an adjustment in the official price of gold.
The U. S.
price of $35 per ounce, at the exchange of $2.80, gives a dead parity
of 250/-, and the new Bank of England buying price, after allow¬
ing for the necessary shipping expenses, etc., was fixed at 248/per fine ounce, compared with 172s/3d. per fine ounce previously;
-the price at which the Bank of England will purchase sovereigns
was, at the same time, raised from 40s/3d. to 58/- per sovereign.
In returns issued up to and including 14th September, 1949, the
amount of gold held in the Issue Department of the Bank of England
remained unaltered at £247,833, valued at 172s/3d. per fine ounce;
in the return of 21st September, 1949, the amount is shown as
£356.823, which represents the revaluation of the holding at the
In
a
broadcast speech on
Chancellor of the Exchequer,
<ar
price of 248s/- per fine ounce.
gold output of the Transvaal for the months of June, July
and August, 1949, is shown below, together with figures for the
corresponding months of 1948 for the purpose of comparison:
new
The
1948
1949
.
966,583 fine ounces
990.808 fine ounces
June
"
"
"
"
1,018,781
August 1,020,453
July
986,250
965,252
•
.
"
"
SILVER
opened with the official price of
-silver for use in essential industries at 43%d. per ounce .999 fine for
both cash and two months' delivery.
There was no change until
August 24th when, in sympathy with a rise in the New York quotaThe third
quarter of the year
the London official price
first movement since 16th Feb¬
ruary, 1949,
Following further upward movements in New York,
where the quotation
reached 73% cents, the London price was
raised another %d. to 44 %d. at which it remained unaltered up
to and including 16th September.
Up to this point the demand for
silver for essential purposes had been provided from official stocks.
from
lion
71%
to
72
cents
per
ounce,
advanced to 44d.; this was the
was
There followed
valuation
of
the
over
-of
parity with New York at 73%
silver
from
internal
sources
At this level, offerings
forthcoming to supply the
cents.
were
requirements for essential purposes and a condition was established
supply and demand.
Persistence of offerings in the face of a
moderate demand caused a break from the dollar when, on Sep¬
•of
-
l%d. to 62%d., the New York quota¬
unchanged at 73% cents. The decline continued until 62d.
tember 22nd, the price dropped
tion being
^
was
Underwood
touched on September 26th, but reacted slightly thereafter
quotation at the end of the month was 62 %d. for both posi¬
tions.
Thus, since devaluation, there has. so far, been no need for
recourse to the official quarter for silver for the essential industries.
and the
Yours
t,,
Nov.
-
1949,
1,
'
1,
follows: $19,000 in 1951; $20,-
as
1952
from
000
1954
to
inclusive;
$21,000
Denomination
Fair-
D.
Due $3,000
$1,000.
Oct. 13
ries notes offered
•
G.
—
were
—
awarded to Bessemer Trust
Co., of
Jersey City, at 0.79%. Dated Nov.
7, 1949. Due on Jan. 10, 1950, / k
Grays Harbor County, Elma Sch«
Dist. (P.oO. Elma), Wash.
Bond Sale —The $32,000 school
&
.
Authority, Tex.
Galveston Housing
Sale
Note
of the bid
certified check for 2%
000
Bradford, Vt.
Dodge, Village Treasurer, will re¬
ceive
sealed bids until 10 a.m.
Sale
Note
The $942,000 18th
—
Oct. 13 were
Series notes offered
the
to
awarded
Trust
Bessemer
at 0.77% in¬
terest,
plus a small premium.
Dated Nov. 7, 1949.
Due on May
5,
1950.
faithfully,
SAMUEL MONTAGU & CO.
(EST) on Oct. 24 for the purchase
$40,000 not to exceed 2%%
interest
water
works improve¬
ment bonds. Dated Nov. 1, 1949.
Denomination
Aug.
Daugh-
C.
Offering—W.
Bond
President of the Board of
Trustees, will receive sealed bids
until 7 p.m. (CST) on Nov. 8 for
the purchase of $310,000 not
to
exceed 3%% interest school house
bonds.
Dated Dec. 1, 1949.
De¬
nomination $1,000.
Due July 1,
as follows: $3,000 in 1950, $8,000 in
$8,000 in 1952, $9,000 in
1953, $6,000 in 1954, $7,000 in 1955,
$10,000 in 1956, $8,000 in 1957, $9,000 in 1958, $7,000 in 1959, $9,000
in 1960 and 1961, $8,000 in 1962,
$10,000 in 1963, $7,000 in 1964, $8,000 in 1965 to 1967, $11,000 in 1968,
$7,000 in 1969, $8,000 in 1970, $9,000 in 1971 and 1972, $10,000 in
$11,000 in 1974, $7,000 in
1975, $8,000 in 1976, $24,000 in
1977, $25,000 in 1978, and $41,000
in
1979.
Principal and interest
1973,
payable at the Mercantile
Bidders
at
Bank
National
to
Dallas.
Dallas,
the rate
name
of
in¬
terest, expressed in a multiple of
These bonds were au¬
% of 1%.
Oct. 8,
the
at
thorized
election
held
on
The approving opin¬
Attorney General
1949.
ion of the State
will
check
for
certified
A
furnished.
be
payable to
$6,200,
the
District, is required.
Texas
Bond
bonds
Sale
—
offered
&
Co.,
170, p.
H.
L.
10—v.
Oct.
awarded
1448—were
Shaffer
The $95,000 road
of
to
Amarillo,
will
Sale—An
school
awarded
on
issue
house
Oct.
18
$500,-
of
bonds
to
a
was
group
composed of Dittmar & Co., San
Antonio, Rauscher, Pierce & Co.,
Dallas, and Rowles, Winston &
Co., of Houston, jointly, on a bid
reflecting
a
net
interest
cost
of
to
the
without cost.
pur¬
-
exceed
to
(PST) on
interest-
4%
bonds. Dated Nov.
1, 1949..
Nov./
1, as follows: $8,000 from 1951 to1955 inclusive; $9,000 from 1956/
to 1960 inclusive, and $10,000 from
1961 fo 1964 inclusive. Principal
(N-M) payable at the
and interest
County Treasurer's office. The ap¬
proving opinion of Preston, Thor¬
will
Horowitz,
&
grimson
5%
for
of
Seattle,
of
furnished.
be
check
certlfled-
A
bid
the
is
re¬
quired.
Sch.
County
Okanogan
No..
Dist.
(P. O. Okanogan), Wash.
Bond
Offering—W. H. Ehlers,
Ill
bids
sealed
Oct.
on
until
24
10
the
for
receive*
(PST)
purchase of
will
Treasurer,
County
a.m.
$19,500 not to exceed 6% interest,
construction and addition bonds,
Principal and
Denomination $100.
WASHINGTON
payable at the office of
the
County
Treasurer.
These
bonds
were
authorized
at
the-
interest
■i
Bremerton, Wash.
,
Sale—The $450,000 water
Bond
and
revenue
sewer
bonds offered
170, p. 1544 — were
awarded to the Pacific Northwest
Oct.
19
v.
—
Co., of Seattle, on a bid
interest
"net
a
cost
reflecting
Oct.
Dated
second
1,
election held
is
net
about 2.47%. /
Clallam
required.
WEST VIRGINIA
1949.
West
Bond
p.
interest
cost
Oct.
$1,000,000 road,
19 — v. 170,.,
1544—were awarded to a syn¬
of Halsey, Stuart
dicate composed
Geo.
Phelps, Fenn & Co., of/
Blair & Co., Inc.,
B. Gibbons & Co., Inc., of'
New
York,
&
Co.,
New
York,
E.
A.
Masten & Co.,.
both of Pitts¬
and Thomas & Co.,
burgh,
basis
at
price
a
as
440,000
l%s. Due
1949
from
as
to
100.03,
of
1.53%,
of about
$120,000
1951
l%s. Due
a.
follows:
as
on
Dec. 1
inclusive.
on
1
Dec.
froqj 1952 to 1962 inclusive.
360,000
as
80,000
as
1972
1
IV2S. Due
1963
from
of
County Public Hospital
Virginia (State of)
Sale—The
offered
bonds
highest
a
July 14. A certi¬
5%
of the bid.,
on
for
payable to the County Treasurer,;
bidder was
Foster & Marshall, on a bid re¬
flecting
check
fied
about
of
De¬
nomination $1,000. Due on Oct. 1,
as
follows: $3,000 from 1951 to
1953
inclusive; $4,000 in 1954;
$26,000 in 1955; $17,000 in 1956;
$8,000 in 1957; $9,000 in 1958;
$12,000 in 1959; $13,000 in 1960;
$14,000 in 1961; $26,000 in 1963;
$27,000 in 1964; $28,000 in 1965;
$29,000 in 1966; $30,000 in 1967;
$31,000 in 1968; $32,000 in 1969;
$33,000 in 1970 and 1971; $34,000 in 1972, and $35,000 in 1973.
Principal and interest payable at
the City Treasurer's office. Le¬
gality approved by Preston, Thorgrimson & Horowitz, of Seattle.
2.44%.
1971
Dated Dec.
1
Dec.
inclusive.
l%s. Due on Dec. 1
and
O. Port Angeles),
Washington
to
on
ia
1973.
1, 1948.
j
Dist. No. 2 (P.
offered
bonds
tal
of
$616,000 hospi¬
Oct.
18
were
syndicate composed
William P. Harper & Son &
awarded to
Texas
Bond
furnished
be
chaser
as
School Dist.,
opinion of
Montpelier,
approving
of
Giuliani,
Peter
Bond Sale—The
Lockhart Independent
interest
and
payable
The
ton./
3%s and 3%s.
000
Principal
1963.
The
(P. O. Lipscomb),
from
$3,000
follows:
as
on
at the Bradford
National Bank, Bradford, or the
National Shawmut Bank of Bos¬
1951,
(J-J)
1,
Due
$1,000.
19.50 to 1962 inclusive, and $1,000
(A-O)
erty,
N.
Edward
—
of
in
Indep. Sch. Dist., Tex.
Garland
Offering
not
a.m.
purchase of $125,-
Denomination $1,000. Due on
170, p. 1348—Were awarded to the
Trust
Co., of Jersey
Bessemer
Bond
for the
3
school
VERMONT
13—v.
Oct.
offered
sealed bids until 11
Nov.
is required.
$691,000 17th
The
—
notes
Series
September 20th, the next
working day, the London official price was fixed at 64d. per ounce
.999 fine for both cash and two months' delivery—a figure slightly
■over
A.
the week-end the announcement of the de¬ Lipscomb County
pound sterling and, on
dated
are
Denomination $1,000. Due on Nov.
trance, City Manager, will receive
sealed bids until 9 a.m. (CST) on
$80,000 Nov. 4 for the purchase of $700,000
revenue, school bonds. Dated Dec. 1, 1949.
Co., of Jersey City,
GOLD
'
'
Tyler Tex.
Offering
City, at 0.77% interest, plus a pre¬
mium
of
$18.
Dated Nov.
7,
1949.
Due on May 5, 1950.
■
Markets
quarterly bullion letter of
Co., London, written under date of Oct. 3:---;^
reprint below the.
'
.
Bonds
was
price of
a
and R. in 1950; $30,000 in 1951 and 1954 improvement bonds offered Oct. 7
Co.* of Dallas, inclusive; $34,000 from 1955 to were awarded to the State, a*2%sr*'
•
•
'V •
jointly,
as
3%s, as previously 1958 inclusive; $42,000 from 1959 at a price of par.
noted in v. 170, p. 1448, were sold to 1966 inclusive, and $35,000 from
King County Issaquah Sch. Dist.
at
a
price of par, and mature 1967 to 1969 inclusive. The ap¬
No. 411 (P. O. Seattle). Wash.
March 15, as follows: $15,000 from proving opinion of some market
Bond Offering—A. A. Tremper^
1965 to 1968 inclusive, and $20,000 attorney to be furnished by the
County Treasurer, will receive <
in 1969.
purchaser at his own expense. A
part of
and
highest bidder
,
offered Oct.
bonds
inclusive.
State, for 2%s, at
par.
1
Nov.
on
1974
by M. A. Hagberg & Co.,
issue of $50,-
Sold—An
Bonds
wood
Tennessee
■
V
to
in 1955; $22,000 in 1956
and 1957; $23,000 in 1958 and 1959;
$24,000 in 1960 and 1961; $25,000
in 1962; $26,000 in 1963 and 1964;
$18,000 in 1969 and 1970, $19,000 $27,000 in 1965 and 1966; $28,000
in 1971 and 1972, $20,000 in 1973, in 1967; $29,000 in 1968; $30,000
in 1969 and 1970; $31,000 in 1971;
$21,000 in 1974 and 1975, $22,000
in 1976, $23,000 in 1977, $24,000 $32,000 in 1972; $33,000 in 1973,
in 1978, and $20,000 in
1979 to and $34,000 in 1974. Principal and
(M-N)
payable at the
1984.
Bonds maturing in 1965 to interest
1984, are redeemable at the pleas¬ County Treasurer's office, or at
the fiscal agency of the State, in
ure
of the District, on Oct. 10,
New York City, at the option of
1964, or any interest payment date
thereafter at par and accrued in¬ the holder. Legality approved by
Thorgrimson
&
Horo¬
terest.
Interest A-O. Legality ap¬ Preston,
/
v ?■
proved by Chapman & Cutler, of witz, of Seattle. .,%/-,
Chicago.
These are the bonds Clallam County Housing Authority,
authorized at the election held on
Washington
Aug. 27,1949..
Note Sale—The $170,000 8th Se¬
,-yv. y;:.\
Bond
gas and
sewer system
Series 2 of 1949 bonds purchased
Tex,' ' '■
Alpine,
<;
-
1949.
Sale Details—The
Bond
TEXAS
certified check for $5,000,
to the
'
.
10,
follows $5,000 in
1950, $2,000 in 1951, $3,000 in 1952
and 1953, $4,000 in 1954, $5,000 in
1955 and 1956, $6,000 in 1957, $.9,000 in 1958, $10,000 in 1959, $7,000
in 1960, $13,000 in 1961 and 1962,
$14,000 in 1963 and 1964, $15,000
in 1965 to 1967, $17,000 in 1968,
1960
The Second
the
Oct.
dated
2%s. Due
as
from
.y
are
chaser by
T. King, City
Treasurer, will
$1,000.,
Bonds
1959.
and
426,000
composed
group
a
2%s. Due on Nov. 1 in
as
1958
Due April 10 as
City, will be furnished to the pur¬
the District. A certified
check for $160,000, payable to the
Trenton, Tenn.
Bond Offering—E.
by
Trust Co..:
interest, ex¬
the rate of
name
46,000
bid,
high
Second
net rate of 2.92%, was
a
of
Fridley & Hess, Moroney, Beissner
&
Co., and Dallas Union
pressed in a multiple of % of
1%. The approving opinion of
McCall, Parkhurst & Crowe, of
Dallas,-, and Caldwell, Marshall,
Trimble & Mitchell, of New York
purchaser. A certified check
for $5,000, payable to the County,
is required.
in¬
Hanover
to
on
made
Bidders
National Bank, of Dallas.
the
terest
tral
of
opinion of
Chapman & Cutler, of Chicago,
will be furnished without cost to
in¬
and
from 1965 to
clusive.
Principal,
$40,000
approving
The
1%.
1, 1949.
Oct.
Dated
based
i
Offering:—H. C.
2.87%.
about
South Shore, S. Dak.
Bond
Monday, October 24, 1949
COMMERCIAL & FINANCIAL CHRONICLE
THE
(1648)
a
Co., Bramhall &
&
Marshall, and
the Pacific Northwest Co., all of
Blyth &
Stein, Foster
Co.,
price of par, a basis
of about 2.73%, as follows:
Seattle, at
$144,000
from
a
as
2%s. Due on Nov. 1
1951 to
1957 inclusive.
WISCONSIN
Osceloa Sch. Dist. No. 2, Wis.
Bond
Sale
—
The $22,500
2%%-
construction bonds offered Oct. 11
170, p. 1448—were awarded
Mannheimer-Egan, Inc., of
-—v.
to the
St.
Paul,
at
a
price
of
105.18, a
Dated
Oct.
1, 1949. Due on April 1 from
1952
basis
of
about
1.73%.
to 1961 inclusive. The second
est bidder
at a
high¬
was Shaughnessy & Co.
price of 104.00.
i
@FedFRASER