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-r.-j
■
ivjirarfc3™v
IsWJ* J n"
^
.1
MONDAY
II]
m
111'
W:d"''
■ffif
Reg. Xf. 8. Pat. Office
'
'
■
—
$tf! Volume 168
PUBLIC UTILITY
-
The
Corp.—Suspended from Listing
Aireon Manufacturing
#11
.V.
16b,
S.
1245.
p,
'
-
v-
■
...
RR.—Earnings— f
Akron Canton & Youngstown
-
•
.
<•
;
AugustNet
from
Net
"Net
Jan.
1946
-
1945
; 3.120,632
503,493
179,941
923,251
income—
S3".
767,850
-•
1,504.565
p.
Nov.
on
43,362
4,241
3,415,097
1,088,778
v
,
522,637
4
■
paid
The
August—
Net
ry.
417,900
railway--——
from
Net
$1,564,084
217,976
Income—
oper,
">
319,852
"
,
trust
Net
10,538,498
9.430,745
3,258.185
2,163,002
1,172,391
income-'—
1,040,089
271,655
1,126,796
oper.
ry.
—V.
168,
p.
637.
•
-iM
i
&
Swinnerton
Alleghany
kwh.,
p.
Sept.
Net
'
week
1246.
over
the
1948
Telephone
&
p.
William
has denied
aelpma,
restrain
A.
US
stood.
'
&37.
.A-
bank
•
and
T.
&
from
trying
to
Philadelphia.
"coerce- and
*
,
111
on
ihe
government's move, Attorney General Tom
Philaan injunction to
compel" Philco to
between New
very
liberai
terms.
,
'
closed.
The
company
still holds
a
-•
dominant position ip. the aluminum ingot
patent controls, raw materials and water power advantages,
entrenched ' business and supply connections, the petition de¬
clared.
The petiticn said
that despite the efforts, of the Surplus
market,
with
Property Board and the War Assets Administration to create competitivc conditions by disposal of government-owned aluminum plants,
Alcoa's power and size have prevented establishment of competitive
conditions in the aluminum field.
:
v
.
said that Alcoa would be given a chance to submit the government showing how it could dispose of certain
properties and thus end its alleged monopoly of the industry.
The department
also suggested that the court submit a plan of its
■fcwn for study.—-V. 167, p. 1357.
The
a
of
plan
petition
to
its
and
force SEC
&
Foreign
Power
Co., Inc.—Court
dividend
A
of $1.50 per share
STATEMENT
(Includes Gulf, Colorado
Panhandle
r'A,;!
&
.
on
OF INCOME
the common
No
29.
extra
OF SYSTEM
& Santa Fe Ry. and
Fe Ry.)
Santa
-1947
1948—8 Mos.
$
Stock and Bond
■■
,v
New
York
Baltimore
Chicago
____25
Net
:
Net
34
35
35
Los
Exchange.
Stock
Net
ry.
•'
29,240,587
38
38
Exchange...
Exchange
39
:
42
Markets......
Over-the-Counter
Transactions New York
Stock
24
Exchange
Transactions New York Curb Exchange.—.24
Bond
Averages..
-....24
oper.
railway
from
135,855
700,000
—
_
' 71,212
Equip, and jt. fac. rents
;
Net
oper.
ry.
Other
"$251,391
income-
Fixed and conting. chgs.
"$249,919
income
168,
1945
$466,178
149,555
63,659
32,717
26,630
3,628,350
1,181,901
2,618,654.
222,476
244,130
100,506
;
1948—8 Mos.—1947
$8,796,588 $94,048,985 $86,897,520
8,637,042 78,130,033 75,594,153
700,000
8,150,000
7,200,000
56,409
2,331,660
2,025,749
"$596,863
240,186
4,936
327,069^
334;884
5,359
328,053
income
deductions
Misc.
2,672,545
344,941
*). "6,125
RR.—Earnings—
$10,085,570
9,565.749
Operating expenses
Taxes
1946
$370,872
1943—Month—1947
Period End. Aug. 31—
"Deficit.—V.
Miscellaneous Features:
—
Atlantic Coast Line
1
1947 $375,470
f 87,889
" ; 32,779
v
3,043,400
561,758
—
Operating revenues
...41
Section
<>$385,953
76.758
income— '
24,204
oper. income_l_'
"Deficit.—V. 168, p. 938.
•
RR.—Earnings—
railway
Net a*y.
37
Exchange...^
Toronto Stock Exchange—Curb
and
33,837,141
39,837,337
1948
From Jan. 1—* '«• '"A
from railway
Net
'
Stock
43,960,729
4,106,470
West Point
Gross
3G
St. Louis Stock Exchange_i._ii:_^.;__._^._____36
Curb
4,593,910
railway
from
36
San Francisco Stock Exchange.
from
Net
Pittsburgh Stock Exchange..
Stock
138,082
1038.
168, p.
Gross
j
Montreal
254,760,717 216,787,857
44,751,492
42,228,808
1,073,182
593,279
651,235
August—
35
Angeles Stock Exchange
Toronto
6,792,505
6,556,807
6,140,913
income
oper.
Atlanta &
!
___.._35
Exchange
Detroit Stock Exchange,^
Montreal Stock
ry.
income——
—V.
34
Cincinnati Stock Exchange—;—..,
Philadelphia
29,413,559
34
Exchange
Stock
r
29
Stock Exchange
Cleveland
expenses—:..,
tax accruals—
Other debits———
41,451,209 344,546,120 293,447,085
13
(Stocks)
(Bonds)
Exchange
Stock
Stock
Boston
oper.
45,924,296
32,935,823
6,293,584
revenues
Ry.
Exchahge^_______^__-
Curb
oper.
Ry.
Page
■
Stock Exchange
New York
Ry.
Quotations
A'-':'
:•
New York Stock Exchange
Utility Plan—
approved plan for reorganization of the company was upheld
Sept. 16 by Federal Judge John D. Clifford, Jr., at Portland, Me.
In a pre-decision, to be followed later with complete findings, Judge
Clifford ruled the plan was "fair, equitable and appropriate."
The company owns utility properties in South and Central America,
This plan has the endorsement 'of Electric Bond & Share, parent.
It was opposed by two groups of second preferred stockholders.
.*
The plan provides the following security exchanges: *
•
For each share of $7 preferred stock: $llo principal amount of new
VWk debentures and 2Va shares of new common stock.
'
and
1948
Dividend—
of record Oct.
1948—Month—1947
Period End. Aug. 31—
to En¬
.A SEC
author¬
Nov. 1,
pay off
The com¬
Sept. 28 declared an extra dividend of $2 per share
quarterly
usual
the
Net
American
,
& Santa Fe Ry.—Extra
Atchison, Topeka
C.
These competitors mow control fully one-half
of the aluminum
ingot market of the United .States," ' ;
" ..
According to the government's petition, Alcoa has greatly expanded
its
production and resources since 1940,--when the trial against it
t
at
The directors on
*
York
,
/n This Issue
■
has applied to California P. U. Commission for
first mortgage series E bonds, due
at
Court
;
#
Monica, Calif.—
-
v
explained
.
1
Xv;'
sell' $6;000,000
to
COMPARATIVE
that the government had in mind "neutralizing
monopoly power and establishing conditions under which competition
can
take olace."
The petition itself failed to specify what properties
Alcoa should dispose of but said that the company now "dominated"
the aluminum
ingot market and held other advantages which made
it a "threat" to other producers and fabricators.
Although viewed ih government circles as .a showdown move, the
action was promutly characterized by Rcy C. Hunt, President of the
Aluminum
company,
as
"pure election-year, politics."
He accused
the government of seeking to delay the trial until now.
Mr.
Hunt said that Alcoa had tried to bring the case to trial 18 y
months ago.
The Department of Justice, he said, "even initiated a
mandamus proceeding
in the Circuit Court of Appeals seeking the
.help of the court to stop the trial scheduled for a year ago."
J ,
"There is not the slightest excuse for reviving these eleven-year-old
monopoly charges against Alcoa," Mr, Hunt, continued.
"The gov- ernment has leased or sold aluminum plants to Alcoa's competitors
on
•
stock, both, payable Dec, 1 to holders
distribution was made last year,- •
,
;
.
Commenting
■Clark
m
.
its working capital position company is working out
about $50,000,000 debentures. Negotiations are in prog¬
Armour oifioials and Kuhn Loeb & Co., it is under¬
Proceeds of the financing are to be used to retire short-term
borrowings—V, 168, p. 1136.,
/•/
<
competitive bidding.
Proceeds will be used to
$2,900,000 of short-term bank notes and for construction.
pany's building program involves spending $16,000,000 in
$18,300,000 in 1949—V. 168, p. 738.
Southern
•„
'V",
'
'""
between
The company
the
of
-
633,471 ■ t 401,636
Associated Telephone Co., Ltd., Santa
Co.—Court Denies
Kirkpatrick, of U. S. District
the petition of Philco Corp. for
T.
.
Co.—To Sell $50,000,000 Debentures—
Plans Issue—
/:
& T" teievision transmission facilities
j
The
H.
A
-
3,908,246
4,13$,175
395,756 'c »• 982,663
63,643 • 501,223
sell
to
now
ress
ization
Telegraph
57,164
*15,864;
86,866 *
' 5,052,836
1,005,872
■'To-strengthen
plans
''
American
1945
$521,305
112,460
r
938.
168, p.
Armour &
the System inputs of subsidiaries
Philco Writ Against A. T. & T.—
; :
1946
$457,149
26,092
'
.»
5,941,052
1,351,246
income_-i
oper.
"Deficit.—V.
237,928,000 kwh., an increase of 30,095,000
corresponding week of last year.—V. 168,
;
■
168,
.V,;
Light Co^—Weekly Input—
Sept. 23,
ry.
1947
$6b'6,775
180,359
145,4.92
'■
•
railway—,
railway...—
from
Net
last.—V. 167, p. 2358'.
'
.
-
initial quarterly
An
15.
:
.
ended
14.48%,
or
Net
:
$885,055
277.504
1—
from
Gross
plan calling for retirement
a
1948
.
income;.
oper.
From Jan.
of
immediate steps to retire
to take
be appropriate."—V.
may
ry.
1948,
30,
stock
RR.—Earnings—
.
railway.....
railway..'—-
from
1978,
U. S.—
go\ernmsnt renewed Sept. 24 its efforts to obtain a hreak-up
company with a petition filed in CJ. S. District Court tor the
District of New York to require the company to make a
series
of
drastic
divestitures.
The order would make effective a
ruling in March, 1945, in U. S. Circuit Court of, Appeals which found
Alcoa a monopoly but directed the government to withhold efforts to
obtain a dissolution order until after the war. v
.
»
\
Net
Oct.
amount wa,s made on July 26,
from
Gross
record
of
holders
to
Ann Arbor
1948, from banks, brokers
for said stock registered in
on
25
August_
stock
by it
23
share on
per
distfibution of like
6,
capital
Co.—Dividend No. 2—
declared the second quarterly dividend
the outstanding $1 par value common stock,
Sept.
on
Bankers-
that
notice
.
.
Oct.
payable
It asserted that unless steps
objective, the Commission will take
that
of this company amounted to
Dissolution Is
of America—Order for
the
company
American Power &
Co.
Co.
Aluminum
Oct.
on
business
for
toward
.: '
For the
-Judge
Sought by
received,
certificates
of
ordered the
promptly
v
'
Corp.,
;
.close
certificates
of
such action-"as
in a letter to Robert R. Young, Chairman of
has suggested that Alleghany exchange two
shares
of common
stock of the Chesapeake & Ohio Ry. for one
share of its prior preferred plus back dividends.
; :
The Alleghany prior preferred is selling at approximately $72.
It
has a liquidating value of $50
and accrued dividends of $33. The
letter points out that two shares of C. & O. common are now around
$74.—V. 168, p. 937.. : >
R.
the
holding
the
at
has
taken
.
O. Exchange Proposed—
has
its outstanding preferred stock.'
SEC said
of the issue was approved last December.;
are
Alleghany Corp.—C. &
of business
companies
The SEC
5,100,910
1,718.228
railway--.
24
stock,
■
of five cents
four preceding quarters.
made in each of the
Exchange
Ordered to Retire Preferred Stock—
14,266,404
12,091,909
railway——
am
from
Net
'
110,956
158,825
was
Curb
close
the
names
Sept.
on
common
Anchor Steel & Conveyor
as
to the
Detroit Edison
Co. and, cash
inJlieJ of fractional shares--,thereof which they will
require for payment of the above dividend to their customers based
on their individual holdings ot
the above stock.
>
$1,483,357
394,231
75,762
\-
From Jan. 1—
Gross
k 1945
205,810
$1,285,214
$1,352,108
York
denominations
.
railway
irom
distribution
before
or
and
'
L
of
new
the
1948..'
The" directors
to holders of record Sept. 30, 1948, with cash to be
fractional shares of Detroit Edison Co. capital stock
28c for each l/75th of a share of said stock.
A simi¬
Co.,_ New York, N. *Y.t" transfer agent for the common
of American Light &. Traction Co., will honor requests received
their
Grins
of
V
declared a dividend of 10 cents p«r
payable Oct. 15 to holders of record
'.; '
•
"
•'
The
corporation recently acquired approximately 77%
control ot
American Bosch Corp.—V. 168, p. 541.
directors
on
Oct; i,
194;,
rate
1138.
p.
Corp.—Declares 10-Cent Dividend—
Amra
The
share
•
168,
has
Trust
at
Great Southern RR.- Earnings'*•
1946
1948
1 • 1947' ?•
' v
i
Alabama
1,
lieu
in
the
at
364,739
'
Commission.—V.
-■•
of
of, common
$322,879
2,^23,168
55,589
•••
''^V."
$425,665
144,182
•
80,486
122,743
share
one
judge based his decision on conclusion that the Federal Court
jurisdiction in the dispute.
He said determination of the
raised by Philco rest solely with the Federal Communications
no
issues
been declared on the common stock at the rate of
capital stock of- Detroit Edison Co. for each 75 shares
stock of American Light & Tractjon Co.- held, to be payable
dividend
A
lar stock
3,913.047
railway——
168,
1947
$407,494
2,
1—
railway
oper.
ry.
.—V.
income—
■ —
116,696
from
from
Net
—'
!<>48
$533,885
225.005
railway
opev.
ry.
From
Gross
.
,
railway——--
from
Gross
has
p.an
American Light & Traction Co.—Dividend in Stock—
i
{■;••
/
the
Under
MISCELLANEOUS
-
The
call price.
gold debentures would be retired at their
applied to. publicly held securities.
5%
Electric Bond & Share will receive for its large
holdings of American- & Foreign the following:
$8,089,900 principal
amount, or 8.9%',' of the 4'/4%
debentures and 3,349,051 shares, or
66.98%, of the common stock.
>
'
A key to the success of the plan was a commitment which American
& Foreign Power had received from a group of institutional investors
for the purchase of the new issue of $35,000,000 21-year 3%%
deben¬
tures.
This money would be used to retire the 5%. gold debentures.
This commitment expired on Oct. 1, 1947.—V. 168, p. 937.
;
District Court for the
m *
♦
INSURANCE
-
These terms
District of Kansas having approved
Ihe plan of reorganization of this company which accords no partici¬
pation to holders of either the 60c convertible preferred stock or the
common
stock, the New York Curb Exchange on Sept. 27 announced
that it has suspended .dealings in these two issues.
/.
•,v f
The common stock has also
been suspended from dealings on the
Los Angeles Stock Exchange, effective immediately, it was announced"
on
Sept.
24,'
."
.1
The trustees of
the corporation have terminated the appointment
of the transfer agent for the preferred and common stocks;
See also
The U.
INDUSTRIAL
-
Copy
a
and Investment News
General Corpufatioit
RAILROAD
Price 75 Cents
York, N. Y., Monday, October 4, 1948
New
Number 4739
"$688,682
$5,437,292
$2,077,618
4,658,354
32,849
2,615,060
5,163,089
25,106
2,727,064
$7,447,737
$4,488,537
1038.
p.
General Corporation & Investment News.Cover
State and City Bond
Offerings.
St. Louis Listed and Unlisted Securities
..51
Redemption Calls and Sinking Fund Notices__44
The Course of Bank Clearings
43
r
•,
,
•
For each share of $6 ^preferred stock: $100 'principal amount of new
4,/4# debentures and lVa shares of new common stock.
■
Foi* each share of second preferred, series A ($7); %-share of new
common stock,;-;.♦
1
Dividends Declared and
Foreign
Exchange
...44
Payable
Edward D. Jones & Co.
__44
Rates......
Established
Reserve
Banks
300 North 4th
—.44
.
For each
Option
accorded
share of common stock: 1/50-share of
warrants and preferred stock
participation in the plan.
new
allotment
common
,
Federal Reserve System
44
New
,
.
York Stock
Exchange
Exchange
Chicago Bd. of Trade
flew York Curb Exchange Associate
st.
Stock
Louis
no
i
t h
.
Phone
'
Chicago Stock Exch.
are
St., St. Louis 2, Missouri
Members
Condition Statement of Member Banks of
stock.
certificates
1871
Combined Condition Statement of Federal
•<
CEntral 7600
Bell Teletype
9L 593
2
(1358)
THE
Atlantic
&
Danville
Ry—Plan
for
Separate
Opera¬
banks will participate in
Ry,
Representatives
two
mise
for
committees
proposal
Southern's
They
of
stock.
Railway,
A.
&
to
looking
lease
indepedent
D.
Danville
&
have
approved
a
-
L.
■
.
Oast
at
»
and
compro¬
operation of the A. & D.
next July.
Judge Edward
by
Atlantic
bondholders
expires
heard
were
Southern
the
and
remainder
1038.
.
in
'
.
refunding
'
•
...
the
road's
'
'
Blair
will
CHRONICLE
all
own
""
$2,500,000
-
the
■
_
COMPARATIVE
,;
of 5%. preferred- stock
Monday, October 4, • 1948
equity
12 Months Ended Aug. 31—
^
is -i conr-
Operating
\
debt.—V.
INCOME
_*1-
12 Weeks Ended
JUly 24?—
Net
income
—V.
p.
167,
*
\
'
,
1948
1947
$123,704
per-common
168,
'
.
.
Earnings
share
,/
$0.52
____•
147.
-i"1'
341,039
$0.26
Refund
,
due
of
to
Fed.
1S44
taxes
295,907
48l\523
299,269
profits
281,145
Crl8,68l
4
tax
'
"
redemption of bonds in 1945
.
.-1
384,366
,
'
I
Crl04,649
•••
.
'
240,452
393,721
408.308
275,870
.
incom'e
on
excess
1,817,529
440,333
y
Provisiort^fop
-
$4,157,851
v
on
Prevision* ioi-'depreciation
$67,865
1946
.
2,178,374
'•
thanv Federal' taxes
income)
.
.
$4,671,123
•2,452,854"
'
(other
•
1947
$5,023,233'
Ot>prating and administration——!
Taxes
Corpi—Earnings—
ACCOUNT
1948
Y
^
revenues
Main t en a nee
Booth Fisheries
"a
mortgage
the remainder.
'/■'■.
•
FINANCIAL
when
•
hearing conducted
in the Circuit Court of Norfolk
County at Pprtsmouth, The ICC must
pass
upon the compromise,
which calls for payment by Southern of
$3,000,000, about a third to be used for equipment and working capital
p.
&
An- issue of
$2,000,000 to
templated.—V. 168, p. 1140.
tion Next July Approvedfor
COMMERCIAL
.
Boston
Baldwin Locomotive Works—New
The
following
Gwilym A.
son
ident
and
directors
new
elected
were
Directors, etc.—
Sept.
on
23:
Price
President, and L. B. Osborne,
Operating Vioe-President,
Senior
A.
W.
RR.
Period End. Aug. 31—
Operating
Operating
Robert¬
Chairman,
& Maine
Pres¬
respectively^ of Westing-
$8,152,520
5,983,653
:
!__*
Electric
Jkmes R.
turing:
and
John
R.
stone
Corp.
Weaver,
S.
Nevin
named
was
Newton,
Watt,
division.—V,
Vice-President
Vice-President
as
Vioe-President
in
in
in
(Dr)
rents
Net
ry.
Other
Oil
Standard
299,631
2,802,186
32,976
248,275
income
oper.
$930,053
$505,448
61,992
52,077
168, p. 938.
Corp.—Sells
Minority
Holdings
in
Oil
Co.
of
California
below.—V.
168,
Net
643.
p.
income
—V.
168,
523,233
$557,525
$5,437,872
2,373,558
198,133
1,564,368
2,389,311
1,587,532
$512,656
$67,968
'■
,
-y-
-
filed
SEC
a
par)
company on
Sept. 23
for
1 000
shares
($100
first
letter
of
cumulative
Quarter Ended July 30—
stock,
at par.
Underwriters, Hill, Crawford & Lanford, Inc.,
and Southern Securities
Corp., Little Rock, Ark. Stock is being sold
by E. C. Barton, President.
to
be
offered
Total
revenues—
before'
Profit
Beaunit Mills, Inc.—Stock Options to
The
stockholders
at
will
consider
entering
the
purchase
of
—V.
167,
special
a
into
not
than
view
shares
of
Net
Earnings
per
from
that
each
share
of
the
present' $100 par capital
into four shares of new $25
to unlisted
New
stock
stock was split up, effective Oct.
1,-1948,
capital stock, the New York Curb Exchange removed the $100
par
capital stock from unlisted, trading privileges at the' business opening
on
Oct. 1, 1948, at which time the new $25
par capital shares were
admitted
At
Telephone Co. of Pa.—Additional
P:
U.
(par
par.
The
proceeds
to
American
will- be
Telephone
used
to
&
repay
Commis¬
$100).
The
Y-;•
V
company on Sept. 30 paid a quarterly
dividend of $1.50 per
to common stockholders of record the same date.
Previously,
distributions of $2 per share were made each
quarter.—V. 168, p. 1139.
Bessemer & Lake Erie RR—Earnings1946'
ry.
$2,414,236
from
1,306(694
992,548
993,548
987,634
if
y
••
V'.i
*
' y';
•'
'
'•
17,013,891
14,f.....
7,128,652
6,446,<660
9,158,689
1,656,146
Net
ry.
5,339,715
5,084,693
2,203,932
T^e
12,478,746
Proposed Merger—
,
Pittsburg,
Bessemer
& Linesville RR.
&
Lake
ICC
Erie
lor
it.
RR.
authority
The
and
roads
Meadvillc
three roads
The
structure
savings
and
operated
It
In
also
an
S.
U.
Steel
the
questions
of
Bessemer
5?
withholding
Lake
the shareholders of that
company,"
to
issue
securities
of
the
application,
Pittsburg,
ville, Conneaut Lake
&
the
securities
new
the
with
of
in
shares
the
old
"A"
stock
in
cor¬
for
168. p. 938.
Lake
&
for
the
Lake
to
Erie,
assume
&
and
the
from
is
of
class
new
exchange
not
filed
29
being
all
in
for
stock
each
to
The
Y'Y-Y;.'' YYY
vy
the
new
for
&
Light
of
to
issue
shares
because
of
29
decided
current
Central
and
when
market conditions the company has
go ahead with its
plan to issue 30,000 shares of convertible
preferred stock and is withdrawing the registration
statement
covering the issue filed Sept. 15 with the SEC. Stockholders are
being
notified
that
proposed
the
October
issue
will
be
4 meeting
which
adjourned without
called
was
to
action.—-V.
168,
New
Buffalo
York
consolidation,
Niagara
the
($100
and
pari
The
have
fund.
than
4'%
each
of
preferred
York
Power
shares
stock
^tvith
Corp.'
of
stock
dividends
holders
to* the
fixed
at
the
on
of
the
all
4 20%
preferred
matters
certain
special
stock
will
rights
the
to
be
declared
In
it
rata
such
exercise
woud
according
preferred
stock
preferred
that
to
the
stockholders
their
now
common
stock
which
to
subscribe
for
shares
not
proposes
taken
to
arrange
new
with
stock
securities, the
Dillon, Read and
as
well
as
such
company
Co.
Inc.
shares
of
Read
if
167,
stated
for
the
upon
stock
when
conditions
p.
should
make
such
a
course
stock
$io
240,000
of
new
will
have
share.
a
Central
It
New
two
V.
feasible
at
the
Co.
company
has
arranged
through the Reconstruction Finance
$5,000,000 loan to help finance
acquisition of Rosenberg Bros. &
The RFC will advance 60% of the loan and a
group of California
a
$3.63
stock
of
weeks'
168,
partial
-
for
the
the
15,499,421
123,210,723
Y 813,693
<•
4,136,808
of
ending Aug. 31, 1948,
April 8 and ended May 12.
1948, were affected by a
started
of
August,
operations
for
employee
939.
p.
*
114,594,550
3.762.875
eight months
which
month
shutdown
1948—8 Mos.—1947
$
$
~
$
961,389
strike
a
for
waa
holders
to
'
.
vacations.—-
Celotex Corp.—Partial
Redemption—
Corp.
is
of
—V.
central
of
as
Power,
of
33
Hudson
will
Ycfk,
and
>•
' y.
issued
but
in
First
of
the
'
shares
serve
to
Total
of
to
a
directors
Gas. &
utility
Federal
Y
'
Net
of
cane
The
&
new
H.
acquisition
at
will
the
business
supplement
Crockett, Calif.—V.
167,
New
the
California Water
Service
to
sell
80,000
field.—V.
sugar,
of
of
to be used to pay for construction.-
;
(
*
-»
l
1,483,208
455,500
$949,631
$1,805,413
/
629,157
Y
t
.
i
! -i..
—V.
179;381
315,192
13,284
14,692
$1,264,823
$1,818,697
$1,711,60&
deducts.--
large
preferred
;
pfd.
201,598
-
214,925
,
624,157
-t
stoek____
-
$1,194,540
154,376
$l,148,9lt
154,376
154,37©
$695,522
$1,040,164
-
992,126
com.
■
■
'
$889,995
concluding
road
organization
approved
when
plan,
designed
proceedings to
by
an
end,
bring
will
the ICC.
railroad
sugar
the
bankrupt
into effect
go
Sell
the
;
if
re¬
it is
>•
to
proposes
reduce
interest
stock.
-
its
on
bonds
'
•
and
to
rear¬
«
.--
J.
V, Walsh said he could
give no indication
Commission might.rule on the
Central's application.
at the concluding session
before the ICC
William
chief
executive
officer of
the
Central,
capable of making
earnings sufficient
would be imposed under the
rairoad
said
to
He
and
estimated
$9,500,000
taxes.
'
that
annual
before
he
of
meet
fixed
fixed
*
charges
the
charges
$7,000,000
Federal
and
)
>
considered
modification plan.
earnings would range between
payment
to
as
Wyer,
incomd
.
the
in
of
Wyer
Central
told
the
with
the
Central.)
Commission
Reading
"would
not
be
economy.".
1
Mr-
Reading
Wyer saia,
s
he
thought
(which
has
relations with
that "neither
adding
the
road
trafficwise."
a
desirable from
present
a
proposed
malority
the
can
interest
standpoint
Central
do
of
merger
stock
•
i
s.
Mr.
the
Securities.
stock,
1,
Examiner
the
former
a
sugar
,
road
Jan.
Testifying
168,
refinery
hearings-
modification,
;
to
-
for
1
,
modification
/
.
$994,541
Weighing Plan-
Interstate
Commerce
Commission, after
23, is considering the application of
the
outstanding securities.
'
The
'-.
,
stk.__
168, p. 1141.
Tim
of
'
$1,049,898
,
.-
for
of
$1,044,371
154,376
Sept.
properties
cane
562,690-
y
\
___J
Central RR. Co. of New
Jersey—ICC Is
of
strict
"beneficial"
are
without
the
other
,
bonds
The
also
.
modification
plan
was
termed
Jen' ° the ,?ead'nglrlC<?' He
bondholderSj the stockholders
,
money
'The
t
■"
1
791,342
$1,696,915-
Reading,
he
said
1{ '
feasible by
said
and
11 would
the-'public."
holds. 57</2%. of
Revelle
be
Brown.
beneficial
}
4
:
Presi-
"to
the-
■*"'
Central's
stock.
common
y
i
.
799,387
v
$1,245,969
earnings
on
V
2.866,6183,858,465
1,204,895
4,679,278
$1,066,588
shrs.
f
4
149,639
income____
Balance
;
^
202,247-
497.500
r
Y
2,866,618
1,143,518
2,879,744
1,373,311
that
refining
Co.—Would
cumulative
1947
income taxes/-
income
Corpi—Acquis.
refining
company
shares
-Consolidated1948
$5,997,561 $13,190,095 $11,846,783
■
acquired
textile con¬
Authority to issue and sell $1,500,000 314% first
mortgage
has been asked of
the California P. U. Commission.
The
wants
-Earnings—
1947
850,540
income
Divs.
has
York
apparel
The
applied
obtained
Pittsburgh.
729,832
762,080
income
ICC
subsidiary,
a
150.
p.
be
of
212,081
Net
price of $3,728,000.
The Spreckels firm announced last
June,
Sugar Refining Corp. from J. D. & A. B.
Spreckels Co. for
intention of
from
Co.
-'.220,571
Total
Western
retiring
Trust
214,161
range common
cash
its
C.
all
&
to
are
$3,000,000
277,481
the
valued
about 2,500,000
the Albany
district
Niagara Falls; south
Canadian border.—V.^
160, p. 938.
California & Hawaiian
Sugar Refining
purchased
Underwriters,
of
_i
taxes
oper.
Other
The
has
stock.
Proceeds
(& Subs,
2,879,744
'
__
and
women's
Y.,
agent.
■
loans
Bank
$6,511,032
purchd.
power
>'i, Federal
on
corporation
Inc.
*1948
for
New
of
plant
Bank
N.
co-paying
Co.—Registers With
—Company Only-
depreciation
State;!, local and misc.
a
for
Bliys Wheatley Fabrics Stock—
This
a
sinking
at
York,
■'
__________
Prov.
from
1031V.
Co.,
National
•
revenues---:.-,
population"-of
Burlington Mills Corp. (N.
Y.), a selling
the capital stock of
Wheatley Fabrics, Inc.,
verting firm that sells cloth to the
p.
oper.
Net
a
extending
the
made
;-
common
constffuction
Other operations —/
Maintenance
Buffalo
all
1575.
&
$187,000
the
registration statement with the SEC
par)-
Blyth
Mellon
Operation—
l
Y7Y7
.
acquire
166. p.
and
(no
outstanding
from
..-V.
Power
a
be
New
Chicago,
29
of
'
have
to- Buffalo
west
north
will
shares
will
trustee,
of
/
Y
Oct.
on
account
;"Y'YVY:7/''
Y
Sept. 28 filed
Corp.
1948
y/
Light &
12 Mos. End. June 30—
are
have
existing
Boston
currently
.
Power
.
will
300,000
.
Co.,
Central Electric & Gas Co.
exchange
1,300,000
shares
York
Arizona
Bank,
Trust
Y;v7
.
company or
during
Avenue
&
Y/:'YY-\
covering
—V.
Fifth
Bank
1039.
p.
SEC—
of
&
of
./ These
New
value,
be
-
New
York
National
168;
The
for
interest
New
City
'Y
3.60%
redemption
the
value
par
for
„
of
or
on
'
has- called
be
to
are
shares
total
of
authorized'
corporation
It
far
par
to
York
counties
or
corporation
314%' debentures, due
Aug. 1, 1960,
fundy Payment at 100 and accrued
the
Y'
value-
par
shares
of
r'Y,
rate
stock.
consolidated
parts
;
Blair Holdings Corp.—To
Get RFC Loan—
The
1141;
p.
1948—Month—1947
Operations
effect
Operations
The
Corp.
168,
J
The
way
31
y
$500,000,000.
that
1254.
203,869
Y
.
of
for
the
Dec.
total
a
shares
no
is
3,000,000
all
under¬
stockholders might not purchase in
accordance
rights. The company added that, as an alterna¬
might arrange
for a
private
placement of the
1948.—V.
End. Aug. 31—
NOTES—(1)
;
common
Oct.. 7,
'•
reflect
"'
1.
it
its presently
outstanding common
preemptive, rights, with additional
cf
stock
time.—V.
the
company
as
the present
their preemptive
Dillon,
,
holders cf
marketing the proposed
tive.
the
the
preemptive1 rights.
Holders of the new common
to full voting
privileges, to dividends as and
by the board of directors, and to
preemptive rights.
planned
with
of
12,100
Yv
'
..
13,281,460
Profit
Sept. 29 declared an extra dividend of
50 cents per
share and the
regular quarterly dividend of
37(4 cents" per share on
the common
stock, both payable- Dec. 1 to holders of record
Nov. ,1.
This declaration
brings the total common dividend which will
be paid
in the calendar
year 1948 to $2 to per share as
compared with $1.50
per share paid in 1947.
;
Y
•
The usual quarterly dividends of
$1 per share on the 4% cumulative
preferred stock and of
87'4 cents per share on the 3J4% cumulative
preferred stock and on the
3Vz%
second
preferred stock were also
declared, all payable Dec. 1 to holders
of
record
Nov.
vote
and
1948
share
.
Sales
Burlington Mills Corp.—50-Cent Extra
Dividend—
one
entitled
writing of the preferred
stock
common
The
^
company indicated
issue would be sold to
pro
to
of
almost
as
for
application, -will
entitled
y
30,
$772,991
s
Corp., New
Corp., which
•
a
with
the-
at
stock
including the election of directors
voting privileges in common with
cumulative
The
stock
be
of
in
a
outstanding,
to
($1
company's
preferred
par).
holders
common
value
j The
meeting of the company's
25, 1948, and will have the benefit of a retirement
plan proposed, the company will retire
pot more
not less
than 2%
of the cumulative
preferred stock
Holders
have
of
be
stock
common
acoording
to
cumulative
Commission
present
at
Get.
share
also
rate
of
of
Power
JUNE
Caterpillar Tractor Co.—Earnings—
Period
stated
a
opened
,
preferred
bearing
York. Power &
Light, and
Niagara Electric Corp.
Niagara Hudson- Power
'
1252.
the
and
year.
each
will
on
Under
shares
shares
stock,
dividend
.stockholders
for
33,730
preferred
a
Federal
9,642,491
outstanding_*_____„_
common
1141../
p.
record
program.
Y'Y
'
Corp.
new
through
the
3,514,152
Carrier Corp., Syracuse, N.
Y.—Initial Common Div.—.
Proceeds
with
Electric
Commission
'Y
shares
1,581,358 shares
new
to
1,262,078
An
initial dividend of 25 cents
per share on the common
declared Sept. 23 by the directors
for payment Oct.
21, 1948,
of
Commission
Power
,
Black Hills Power & Light Co.—To Issue
5,000 Shares
Cumulative Preferred Stock and
33,730' Shares of
Common—
company has
applied
authorization
to
issue
5.000
per
SEC
be 7exchanged
,
The
of
The
1,912,743
shares
168,
Central
the
and
to
Light
stated
authorize
p.
26,602,523 221,588,445 205,155,813
25,347,450 218,074,293 195,513,322
'profit_____/_____i____"'_______-.
Earnings
value, of. pre¬
par
to
are
New
the
stock
common
be
and
second
the
,
;
initially
Y'!Y7'Y-rY-'V Y
$79,000,000
of
securities
new
the
Corp.
consolidation
securities:
350,000
tributed
announced Sept.
to
/
-
1948—8 Mos,—1947
$
•'
$
'.
s
sales—_______—..—$23,059,210
after,
—v.
■
exchanged for an equal number of shares of the
present Buffalo
Niagara Electric Corp.
v
;
(3)
240,000 shares of preferred stock with
a .total .par
value of
$24,000,000 and bearing dividends of
3.90%.
These are
to
be
dis¬
Due to Market Conditions—
not
30,941,857
29,029,114
938.
Common
old
1, Unsubscribed
merger.
200,000
(2)
Bigelow-Sanford Carpet Co., Inc.—Financing Plan Off
that
' " ■' ,:-.y
.
two
of
the
expansion
three
$35,000,000
to
DcCamp Wise, President of the company;
1948—Month—1947
earnings
Net
the
-
James
*547,215
charges-*_/_j_„_/_„i4-/----Y--Y---—--Y^_' 1,251,091
Federal income
taxes^_'±7_—466,000
State income taxes__
Corp.—Merge? Approved—
the
company
stocks
approving
Central
Mead-
obligations.
Y-;
.
•
'':./:-YYw:-
will
Co.; (Inc.).
Y.h.
*809,297
"A"
and
with
stockholders.
common
*47,383
939.
p.
|
*335,193
^
unlisted
stock
$20,000,000 and bearing dividends at 3.40%. These
exchanged, share for share, for an equal number
asked
the
its
168,
expenses
p.
'
'
1,612,500
Profit
old
of
share
statement
$5).
(par
by
YY':
cleared
was
the
the
(1)
outstanding
and
of
the
class
new
"A"
admitted
registration
a
shares
common
1714.
Power
following
divi¬
Erie
for
'
,
1,425,000
ENDED
.the
Federal
the
*91,439
*441,419 >*310,998
*884,473 • Y *739,494
earnings/..—
168,
Net
companies to file a certificate of
incorporation with
Secretary of State, thus bringing the new
company into being.
Thereafter, the new consolidated
corporation, to be known as Buffalo
Niagara Electric Corp.,
is
authorized
to
issue '
overhead
the application said.
Bessemer
exchange
Bessemer
Linesville
Erie
-.
Y
'
corporation
common; stock
before
all
Pittsburg,
accompaning
share
stock
subscription
oustanding
In
the
of
7
•
together
one
and
9.530,989
$95,809,890.*
The
of
York
Corp.
proposed merger would simplify
three railroads, result
in tax and
"eliminate
of
authority
—V.
Lake
"oorporate unity" to properties which have been
single system through lease arrangement for many years.
taxes
dends due
by
the
the
theJ
give
as a
will
income
said
of
*76,001
V-1,401,600
Carpenter Paper Co. (&
Subs.)—Earnings—
Y EARNINGS FOR THE SIX MONTHS
.
7
exchange for
stock
value
are
figure
controlled
are
application
.merged
Conneaut
ferred
two
merge
be
way
'
.
,A11
to
to
>*48,460
-
,
'
income—-
oper;
Working
York
authorized
^
,
the
stock
underwritten "by Harris, Hall &
to
finance
cost
of
company's
used
New
*24,718
approved the last
The
porate
Gross
P. S.l Commission announced Sept. 29 that it has
major step hi the formation of the new
$500,000,000
utility being set up through the consolidation of the
principal com¬
panies of the Niagara Hudson system into a
single operating company.
2,432,962
<
into
in
"B"
privileges in substitution
Buffalo Niagara Electric
:• 2,197,573
1945'
$176,700
*16,866
$
(21
1
riilway*-—
railway*---—
oper. income—_
company has applied to
wholly-owned subsidiaries
be
164, p.
357,729
from
The
class
par
trading
Y
390,372
Net
other
ry.
-V.
YY','.." /V\Yv
Sept.
for
—V.
$1,713,785
1,438,978
■Y
Prom Jan. 1—
Gross
offered
1946
$182,700
..
Nil
v/'T
.
.
■
320,000
be
1945
-
income*—
no
stock
issued
company
will
1946
$2,598,075
railway---*
$3,014,030
railway—,
1,489,864
oper,
"B"
class
shares, will
1947
from
from
Net
!-s
'
&
.
■
stock.
covering
be
Net
1,000,000
VYr. Nil
$0.27
Bucyrus-Erie Go.—Registers With SEC—
The
England—Earnings-
5,966
*166,807
Period End. Aug. 31—
*$17,457
1,000,000
YY'/y'/YY 'YY'Y'i'
share
Gross
11.636
*$164,047-
;
The
August—
.
new
unlisted
being
new
164,485
$480,859
Canadian Pacific
Ry.—August Earnings Rise—
trading
privileges on the Curb, in view- of the fact that said issue
is
not
eligible for admission to such trading
privileges on the Exchange
under the present rules and
regulations of the Securities and Exchange
Commission.—V. 168, p. 247.
7' YY 'Y 'Y-Y
by A. T. & T. for advances for construction purposes.
Quarterly Dividend Decreased—
to
class
new
are
common
.The
Telegraph Co;, parent-, at
like amount of notes held
a
.
the
corporation at the rate of
shares of new class
"B"
Stock—
company asked permission, of the Pennsylvania
for authority to issue $20,000,000 common stock
be sold
—
546,302
.
1,000,000
—
\
7-
.
share—___ —'
shares,
168,
152,903
$510,212
1947
1,557,000
railway——
*Deficiti—V.
Exchange announced that the no par common
from unlisted©
trading privileges at the business
29.
time,
admitted
was
common
trading privileges in substitution therefor.—V.
The
will
'
$645,34^4
*108,951
railway*—-
*29,093
Curb
stricken
Sept.
that
The
stock
$2,490,289
_
937>739
,,
$663,-115
$223,200
147*
p.
York
was
opening,
stock
sion
from
from
Net
*710,349
"
1251<
Bell
1946
Bruck Mills, Ltd*— Class B Stock
Listed—
par
P-
outstanding——
common
/Loss.—'V. 168,
The
451,659
.
152,903
1948
ry; .oper..r income*
Net.
the fact
of
—
'
$1,583,084
$180,000
railway:
railway——
Net
Net
$2,6'29,168
$274,258
for
Canada—Split-Up Effective—>
.
.
938.
from
-
330,294
profit
shares
Stock.
common
credit
Common
2252.
p.
Bell Telephone Co. of
in
35,000
tax
.
$1,114,774
$668,299
stock—
25,394
* .
.r-
$515,396
168, p.
Gross
/
1947
56,038
14
to
be
held
on
Oct.
with
certain
executives
agreements
more
Executives—
meeting
preferred
$1,557,689
19,230
444,536
•
'
Canadian National Lines in New
$439,748
$3,653,582
__
taxes——-
taxes
Income
:
1948
——
income
Income
'
-
;•?
August—
v-..
Airways, Inc.—Earnings—
the
preferred
$1,095,543
—
From Jan. 1—
Braniff
notification' with
I
"
$arton-Mansfield Co., Jonesboro, Ark.—Files With SEC
The
i
...
—-I.
$1,112,835
Net'
Y
$1,349,946
1140:.
p.
—V.
$4,416,591
291,424
193,841
_/
1
Balance
Gross
income
f
!
deductions ;
Net income
Dividends on
$3,b93,358
594,298
285,543
.
___
'
'
Total. /_*
201,063
$4,893,574
•
'
;
Income
-2,054',181
,
$992,045
*
Rentals, int..
etc
Contingent charges
Cali¬
fornia Refining Co.—
See
658,616
income
Gross
Barber
;
•
.
27,515
(Dr)~
charge of manufac¬
charge of engineering;
of sales; all at Eddy-
charge
rents
facil.
■«
,
$54(698,619
43,138,777
5,560,142 V 5,411,240
5,520,251
$1,051,613
61,221
Non-operating income 1.
Mos.—1047:.
$62,404,224
48,894,047
272 670
—
Equipment
Joint
house
i 1948—S
$7,016,922
938,629
expenses
Taxes
-August Earnings' Higher—
1948—Month—1947
revenues
Balance
u
u
i
a-r
Vt
tc
f
i
a
t
_
I
t.
r
t VI
'
•
•
*
feiST'
'/72^V?'//
168 " Number 4739
Volume
EARNINGS
FOR
1
523,242
591,315
382,759
28,260,324
24,645,074
30,335,831
2,725,729
"2,527,314
v* 1,440,475
1—
From Jan.
•
from
Net
ry,;oper,
*f "Deficit.—V. 168,
'//'Y
1141/,
p.
2,936,478
[
'
10,587,258 •'
.
4,213,571
1-
The Cenco
.-
T.
Leo
to
outstanding
and
issued
Scientific
turers
New
said.
he
subsidiary
'
•
Cenco,
j
all of the
Scientific Co., according
stated
that
stockholders .of .record
new. share
shares
S
August—
'
Net
ry.
1946
\
1947
-
V
1945
;
$845,183
'96,967
199,697
<"2,974
88,138
106,243
From Jan. 1—
>
YV.. •
from railway.—-: ,,..6,904,000
6,332,201
5,559,221
279,528.V 739,587
5,254,383
'
i;274,218'-V 1,168,919
railway.—^—;
ryi oper; income... ■ /• ' 478,299 ' '
354,958
'"Deficit,.a-V. 168, p. 939. \"
'
'
"
Net
share. <
last
a
like
.3%
bonds'•• would ; be"
39,772
v "486,887
'
the
4
40
D.
said
the
>'
"
t>*
>
Thomas
company.—V.
all
owns
157,
7.
p.
1948,' and
18;
Ye YY
■
is not
company
the
;
Net
i
in
position
a
outstanding/stock
and
-1947
1948
Net
Net
ry.
—V.
oper.
168,
p.
off
pay
of
bonds
;
railway
Net'from
Net
ry.
"After
Net
-
46,541
18,369,852
3,728,043
1,342,544
2,617,139
16,007,289
803,404
'; 421,198
"1,302,011
Brothers
Lehman
The
issue
Bros.
awarded Oct. 28
were:
Harris,
was
99.241;
Hutzler,
&
a
Hall
Stuart
Halsey,
&
Co.,
requirements
in
nine
the
of
months
r
the
for
$50
totaled
money
$28,282,000.—V.
167,
1948'
from
railway—
_.
99.179.—V.
Inc.,
mortgage
on
of
^
.
Net
the
of
ry.-oper.
1,150,090
,
and
The
1946
the
stock;
June
353,386
19,281,614
4,360,380
share
30,
with
2,385,150
no
p.
3,942,508
par
show
and
83.033,311
$14,967
$2,776
$218,319
Guarantee & Trust Co.
EARNINGS FOR
-
in
the
'"
'
j!
•-
below.—V.
168,
;
in
MONTHS
'Y
ENDED
be
30,
As
for
doubtful
income
accounts
•'
,
-_L_r_—
—
\
,
;
with
1948
<
—
-j—:
Commercial
„
I
1
atid
are
the
of
(Reg.
U.
S.
of
paying
its
of
promis¬
dated
agreement
to
up
the
1,795,847
Ohio;
but
ol
as
not
exceeding
price of Ohio
purchase
and
in
therewith
account
to
its
shares
payment
stock
common
*'•'
>k
,
the
and the transfer by Pennsylvania
surplus
"
Power Co. of 50,000
connection
on
Sept.
approved
9
the
"
,
•
,
*
following:
stock
at $33 per share by
means
proposed * to be issued to its
J;
\
by
by
Commonwealth
the
stock
its
subscription
of
present
stock
common
to' the
for
Consumers
holding
of
of
in
to
of
and
it
approxi¬
of
of
402,603
be
would
shares
and
of
purchase
which
entitled
21,
ahd
issued
exercise
to
additional
9,456
stock¬
'
Consumers
3.G23.432
Consumers
extent
transferable
of
common
.
,
its
right
thereof
C
shares
of $312,048; ana
<
■
proposed issuance and sale by Commonwealth of its 2"/4%
notes in principal amount of up to but not
exceeding
pursuant to the terms of a loan
agreement dated as of
1948,
the
for
the
proposed
of
purpose
investments
obtaining
in
the
funds
with
stock
common
of
which
to
Consumers.
to
T
1253.
p.
follows:
as
May
and
taxes
»
°n Sept. 29 announced
that System
tricity I (electricity
•
into
Ohio
of
output
of
elec¬
•
distribution
with
of
electricity
188,200,000
of
increase
kwh.
amounted
for
the
to
197,100,000
corresponding
kwh.,
week
of
compared
last
year,
an
4.8%.
•
ended
dividend
year
-
-
and
with
filed
were
releasing
rights
share
a
1
-
Changes in Personnel—
.
;
Nils
assist
'
90,000
par
of
com-
$5.—V.
and
<
24
T. Sellman has been elected Assistant Vice-President and will
Brig. Gen. E. F. Jefl'e, Vice-President in charge of sales.
Mr.
resigned as Vice-President of the Westchester Lighting Co.
Yonkers
L.
c
Electric
Oct. 1.
on
!
A.
....
Mr.
168,
'■
Scofield
Light &
Power
Vice-President,
Westchester
retain
his
assumed
has
new
duties
elected
been
Vice-
and
his
handling special assignments
Yonkers companies, effective Oct^.l.
officership with
Consolidated
Edison,
for Vice-President H. C. Forbes.—V. 168,
:
1253.
He
'
Assistant
will
Co.
'.
%
Scofield,
President'of the
of
share
each
value of
V
;
Sept.
shares
changing
a
"
on
p.
increase
the
over
corresponding
kildwatthour
output totals
with 1947:'
comparisons
_
week
the
of
ago.
year
a
past
\;v
'
'•
:
<•
■:
1947
'% Incr.
209,494,000
The
;
company
covering
at
9c
1
of
217,356,000
198,610,000
12.2
♦
•
of
June
assets
Y
T
30—
v
;
The
"
or
1947
(
780,579
$2,686,945
t
$3,431,639
.
market
3,580,386
2,628,739
-.—l—.
agent
also
for
provided
the
shares
The
at
of
Royal
the
corporation.
Trust
Co.
in
Transfer
Montreal
<
lease
The SEC
FiCorporation and Subsidiaries—
an
order approving the following proposed
"
.
Southern
Southernthe
$1.15
Office)
Co.
(no
William
by
the
to
invest
purchase
($5-par)-;common otock.
proceeds
shares
proposes
of
par)
B.
the
sale
common
Dana
of
stock
its
of
$10,000,000
of
1,000,000
Southern
<:ommon
Alabama
in
additional
to
Power
Publishers, 25 Park
week
[every Thursday
Company,
'
turn
stock
shares of
to use
proposes
purchase
Co.
for
a
corporation
new
30,000
$3,000,000
Place, New York 8,
(general news and
Ur)it
the
finance
to
and
initially
100
...
the
stated
from
the
for
the
largest user.
that
airlines
several
corporation.
airlines will be
are
addition
In
able to
to
interested
planes
leasing
in
be leased
of trans¬
to
lease smaller quantities
ports for emergency use.
The
*
•
at
lease
cost,
cover
,
'
phis
intends
to
manufacturers
obtained at
"
will
■
include
depreciation.
expenses
solidated
other
agreement
less
Consolidated
•
sale
purchase
will
r
Convairliners
twin-engined
Airlines, is
Consolidated
a
a
The
return
fair
broaden
or
asserted
the
on
scope
contract
the
cf
the planes
designed to
purchase
will
be
investment.
the
general investors may
that
to
charge
Later,
Con-
leasing operations,
and
then participate.
the planes can be
lower cost than jf ordered piecemeal by air carriers.
Consolidated
.
option
an
rental
Vultee
by ordering 100 units,
Boeing Contract—
on
Aircraft
Corp.
plane. Co.x tha.t Consolidated has been
involving
nouncement
the .common, stock
in
•
and parts to
commercial airlines, according to
Chairman.
The new company will require capital
the
of
permanently,
Char-
Southern Corp.—SEC Approves
transactions: ';
Commonwealth
Odium,
American
facilities
and
formed
Successful Bidder
Sept. 9 issued
on
■
Aircraft Corp.—Forms New
aircraft
of
B.
equipment
Canada.
Transaction by
development and exploration work
equipment
pool
will start in the spring of
1949 wheil Consolidated
completes
its present orders for 158 of the planes for various airlines, of which
1,692,703
y
has
corporation
Production
$2,712,221
986,699
for
of
$50,000,000 or more,
Convairliners from Consolidated.
2,166,037
—
used
164, p. 2541.
invsstnent
-
$3,612,615
surplus)
be
Consolidated Vultee
Montreal,
•
1948
(securities at market).
surplus (distributable
outstanding
cost
Ltd.,
v
Proceeds will
mining properties.—V.
"3.5
Corp.,
share in the ratio of
8.3
209,422,000
209,8.52,000
International
Sept. 20 filed a letter of notification with the SEC
shares of common stock, to be offered stockholders
one share for each two shares held on
on
1,339,544
per
Sept. 25.
9.4
1253.
p.
Consolidated Eureka Mining Co., Salt Lake City, Utah
SEC—
—Files With
•'
'
226,855,000
1-38,
<
weeks
four
1948
stated
$5,COO,000
to
that' the
has been
the
notified by Boeing Air¬
successful
$6,000,000.
contract
fuselage sections for 167 B-50 bombers.
The
covered
Delivery
bidder
on
of
sub¬
a
Consolidated
construction
the first
of
an¬
nose
sections
is, scheduled for the spring of 194S. Consolidated states that although
no
formal contract has yet been signed, Boeing engineers and pro¬
duction men already are developing plans for an immediate atart,—
V.
168,
845.
p.
.
•
■
,
:
N." Y./ REctor" 2-9570."
Herbert D. Seibert. Editor and Publisher;
advertising issue)
with a statistical issue on Monday].
Other
Dana Seibert, President; William D.; Riggs, Business- Manager. • Published twice a
135 S. La Salle St., Chicago 3. 111. :(Telephqne State 0613);" 1 Drapers' Gardens, London, E. C., England, c/o Edwards & Smith.. Copyright 1948 by William B. Dana Company.
Reentered
second-class matter February 25, 1942,. at the post office at New York, N/' Y., under the Act of March 3, 1879. «• Subscriptions in United States, U. S. Possessions, Territories and Members of PanAmerican'Union, $35.00 per year; in Dominion of Canada,' $38.00 per ■ year.
Other Countries, $42.00 per year.
•
J
■
r
William
offices:
as
.
NOTE:
On
account
of- the" fluctuations
in
the
rates
of
.
generated
and
purchased)
for
the
week
ended
Sept. 26, 1948, amounted to 218,900,000
kwh., compared with 205,000,000
kwh. for the,
corresponding week of 1947, an increase of 6.8%.
Local
respect
distribution
9, 2V2%
in
preferred
,
4T.he ,comlJany
i.
with
stock
>.•
Consolidated Edison Co. of New York,
Inc.—Output—
*
;
the payment of a dividend
because
of unsettled
conditions
2V2%
<•'■'
of
Corp.
87'/2
of
omit
particularly
.0
ago.
50 cents per share on
the
arrearages
on
the former
preferred stock also was voted, according to Bernard J.
Hank, President.
A similar distribution was made
on
April 15, 1948,
which reduced the accumulations to
$3.64 per share.—V. 168, p. 1253,
;
Commonwealth &
V $840,994
Patent
of
Payment
cents
25
equivalent
222,778,000
nancial
;
Chronicle
loan
a
will' be
of
of
investment
Moore
Common Dividend—
incorporation
-4
lottestown,
4,044
1Y *. •'
Financial
of
earned
also
common
the
months
cash on
the
Stock Exchange.
cash dividend
a
all
the
The
company
on
Aug.
15,
1948 paid
to
stockholders of record
15,-1948 a quarterly dividend of five cents per share
(which
included an extra of one cent-per share).
Previously, only the regular quarterly payment of four cents
per share was made.
The
Royal
Trust
Co.^ Vancouver,
Canada,
has
been - appointed
480,106
.
of
amount
holder
stock
per
July
of
—;
share——Lr_
the
Conlon-Moore Coi'p.—Preferred Dividends—
,
'
income
Earnings per common
—V. 168, p. 1039.
State
of
r:
transfer
113,688
tax
to
256,549
Commonwealth
being
common
Commonwealth
terms
of
The directors have declared the regular semi-annual dividend of
$1.50
shaxe on the 6% - preferred
stqpk, par $50, payable Oct., 15 to
holders of record Sept. 30.
Like amounts were paid six and twelve
'
in
York
New
^
—
at
$1,434,788
•-
which
its
Corp.
weekly kilowatt hour output of electric energy of subsidiaries
this corporation adjusted
to show general business conditions of
territory' served for the week ended Sept.
23,
1948, amounted
to
334,584,282 as compared with 294,639,910 for the
corresponding week
in 1947, an increase of
39,944,372 or 13.56%.—V. 168, p. 1253.
'•*
r»
,
229,284,000
at
$1,430,744
—
income
.
are- the
Securities
7,800
————
-
———
'
-..
9.4%
a
Shaves
10,560,330
from
Southern
of
•
stock,'
paid
Canada—Net Assets, Etc.—
.
JUNE
&
Weekly Output Increased 13.56%—
'
$1,050,000
common
stock —V.v 168,
after
\
articles
stock
18
Sept.
1039.
p.
share
per
warrants
The
connection
the
In
received
were
profit
sept.: ii
Lawyers
—
charges
The
In
1947
pre-emptive
//
' '• ;
•
Securities
12
sold—
goods
provision for Federal
Net
5%
net
of
from
percentage
Net
Interest
$27.50
at
subscription
.v..
stock
25
$363,?68
operations..
Other income credits—-——-
'
-
,:0' ''<* •'
'0;'<
"7
quarters,
p. ,644.
the
^Secretary
<
Sept.
86,331,361
Sells
to
of
by
the
purpose
Its
$13,285,899
of
make
'
^n extra cash dividend of 25
of 5#>- in addition to the I^sual
will
on
Week Ended—
$13,531,529
Provision
t.
in
a
168,
to
comomn
1142.
showed
Selling, general and administrative expenses—1,532,655
Income
price
common
Commonwealth
10,411,792
sales
Gros^
1
1y
,
shares
preceding
Payments
stock
P'ollowing
1948—8 Mos.—1947
9,663,106
Financial Corp,
maturing in 30 years;
285,713 shares of its
'
-
844.
p.
Ohio
principal
Investment
reason
Floyd
1948—Month—1947
interest
.
common
an
Electricity output of this company and associated companies, ex¬
cluding sales to other electric utilities for the week ended Sept. -25
Ry.—Earnings-
surplus
to
CONSOLIDATED
\
'
Sept. 24 decided
on
"Decrease.—V.
—
of
stock
transferable
outstanding
stock
from
by
;
Commonwealth Edison Co.—Weekly Output—
,3,049,427
5,530,810
Title
Profit
.V
-i
dividend
cash and
in
1948,
the
mon
8,291,888
income—
Edison
common
bearing
and
promissory
$13,600,000
$6.64
-
scries
a
-
through competitive
Co.
and
annum
Ohio
of
sale
to
the
over-subscribe
provision
costs
of
Cooper-Bessemer Corp.—Articles Amended—
323,781
'
per
reason
and
common
outstanding
paid.
Amendments
23,855,603
Clopay Corp. (& Sub.)-—Earnings—
,
and
2V4%
Sellman
940.
I. T.
of
closing
three
requirements.-—V.
Title Corp. of New York-
Net
1948
Sept. 24, 5o cents, plus 50 cents extra in cash.
board stated that tentative figures for the fiscal
Paid-in
Cost
31,
and
--The
776,557
7,226,335
Cincinnati Street
see
' ' '
declared
fractional
present
made.
was
1945
2^631,160
Period End. Aug. 31—
C.
Aug.
1948.
the common stock at this time
prevailing in the motion picture industry,
to
foreign operations.,.. On May 14„ last, a
$2,699,075
9,324,523
Revenue passengers
v
'
•
24
stock
a
stock's
directors
Sept.
_
stock,
the
July
794,952
$8.49
its'
of
first
674,717
.^61,252
oper.
168,
31,
pn
/iYY:
$2,647,339
702,289
—'V. T68,-p.
Balance
*'•
'• V V '
Sept.
was
per
The
YlY'/V'Y-YY
v
railway——
from
—V.
$2.38
Columbia Pictures Corp.—Omits
168,
$2,869,752
866,913
26,616,572
income
railway-
from
ry.
Aug.
Commonwealth
the SEC approved the following:
par)
of
by
the
for
to
5,280,295
and also after special
construction
and
machinery
ended
in
I
,
1948—9 Mos.—1947
charges,
postwar
months
the
1947,
cents
From Jan. 1—
Net
other
of
Commonwealth
and
pursuant
'
6,747,333
794,952
794,952"
794,952
f*
.^Hi r
on
share
share
In
Bonds—
bonds.
1255.
p.
1947
1
$3,363,164
railway—
from
Net
outstandihg.
$33,487,777 $24,974,996 j'
'
be
with
1
by
issued
issuance
par)
by
The certificates
Y'r"Y;\Y .'V.
purchase
August—
Net
Gross
then
shares)
(400,000
Commonwealth
of
issuance and sale by Consumers Power Co. of
up to
but
exceeding 458,158 additional shares of its authorized but unissued
•shares
"$1.35
(& Subs.)—Earnings—
1,895,380
ended
distribution,
each
In
per
Cincinnati New Orleans & Texas Pacific Ry.- -Earns.
Gross
stock
$7,962,462
sale
9
by
($8
stock
subscribe
1948,
mately
562,a00
.
were
and
payment
'
."$1.85
quarterly dividend of 25 cents per shbre on
Oct/28 to holders of record Oct. 11.
approved on Sept. 28 by U. S. District Judge Michael
L. Igoa.
The Court instructed John E. Sullivan, trustee, to pay $50
on
each $1,000 of Chicago City Ry. Co, first mortgage bonds; $100
on
each $1,000 of the Chicago Rys. Co. consolidated mortgage series'
A bonds;
$50 on each $1,000 of Chicago City & Connecting Rys. col¬
lateral trust Sinking-fund bonds; and $50 on each $1,000 of Chicago
Rys. Co. purchase money mortgage bonds. Previously, $800 per $1,000
had been paid on the first mortgage bonds;
$?.Q0 for the series A
bonds;
preferred
and
sale
issuance
subscription warrants
holders;- and •
$623,577
-.
562,800
,
1948—3 Mos.—1947
all
three
Payments to the bondholders of the old Chicago Surface Line totaling
$4,425,067
43,669
$0.43
on
declaration
(a). The
(no
140,700
$901,845
562,800
the
the
$600,000
(bi
$102,946
;.
$2.81
and
amqrtization
cents' per
2J/4%
$6,600,000
Co.—Payment to Be Made
Rys.
Chicago
28,165
140,700
payable
bid of 99.4317.
Other bids re¬
&Co. •(Inc.), 99.278; Salomon
YYrY:
1141, 929.
pp.
on
sale
the
at
taxes
■.
April 1, 1949Oct. 1, 1958, were offered at prices to from 1.50% to
2.50% according to maturity.
;
140,700
outstdg.—
The1 directors
Equip¬
—
to
of
par)
not
.,
ordered that the
holdings of the common
Co.
-
$807,946
in Stock—■.
& Co. Inc. and
equipment trust certificates series FF.
which mature
$330,000 semi-annually
ceived
$1,070,710
share
per
stock
29 offered
Sept.
$243,646
$0.65
opinion
bidding.
3'/a%
and
capital account.
The Commission
617.Q00
0 2,229,573
'
•
on
721,000
562,800
con¬
thereof
^
its
of
Electric
? i° ,t0 Pennsylvania of $900,000
#
of
129,429
182,666
.
to
part
Declares Extra Dividend of 25 Cents in Cash and 5%
1,963,477
Offered—Harriman Ripley
Trusts
31,154
$11,946,854
shrs.
of
Earns,
I: 218,476
Milwaukee St. Paul & Pacific RR.
Chicago
$1,941,782
136,515
$1,585,529
147,368
share
com.
and
all
&
issuanc<? to Ohio by Pennsylvania
($30
$573,014
$225,314
that
1,
Sept.
stockholders;
$7,055,097.50
185,795
V
of
the
Sept,
unissued
common
the
May 31,'45
-
earnings
basis
ment
shares
common
255,000
^2*——0__i_
dated
acquisition
21,
13,557
sales
No.
$2,554,597
634,531
*'105,372
the
(d)
$806,809
-/ 1945
;
of
sory, notes
May 31/46
Period End. Aug. 31—
,?Net
the-
1946
$2,303,029
315,453
means
-m(C)
(& Sub.)—Earnings—
__
income
net
including
sub¬
u
Jan.
since
Southern.
findings
Gas
that
to'exceed
common
shares-of
.
t
140,700
.
its
in
issuance
issuance
its
'
Net
$350,000
$2,361,363
448,554
not
the
by
-
■
May 31/47
inc;' taxes
dividend
"After
21,279,360
railway.—i
oper. income.—
"Deficit.—V. 168, p. 939.
ry
<•.
i.
^
9
Indiana
order
but
ended
fiscal'year
'•
•
rate
a
>'(c)
Y"
21,174,674
6.043,580
railway
from
Net
full
the
:
v
May 29,*48
Colonial Mills, Inc.
22,468,581
1—
from
Gross
for
.<
of
as
reversal
consolidated
irom
investments,
Commonwealth
proposed
authorized
ended
months
Sept.
ordered
another
••'•(b)
for
As of May 29, 1948, the company's earned surplus aggregated $14,215,as compared with $13,989,856 at Feb.
28, 1948—V. 168, p. 543.
I
185,678
,
at
170
516,794
_*.
,
incomeA/
oper.
From Jan.
;
$614,287
value"
and
bidding of $12,000,000 first mortgage bonds of
cor¬
share
a
to
entitled
1, 1949.
the six
for
book
uJji': Tlle ,ssuance and sale by Ohio Edison
ex¬
general
cents
25
'Jyi.'i.-
dividends
dividends
Earnings per
3,569,716
18,176,723
1947
1948
$2,788,465
railway..._
from
June
m'*
Common shares, oulstdg.n
the '
]
Chicago & Eastern Illinois RR.—Earnings—
August—
capital
for
<S
$366,014
State
Surplus;»
"
1
\
and
reported
858'A
p.
"
deductions
&
for
Gross
In
'1945
3,193,191
20,691,872
21,378,028
-
dividend* of
1£49,
was
with
1
Preferred
138.887,515 129,878,076 170,956,623
47,427,615
45,526,293
38,404,324
73,255,096
income—.
939.
'
'
Common
railway— 156,952,576
railway...—.:
from
1,
$881,786
Net'^Drofit
Net - profit
1—-
from
Gross
March
.
bf
30,V1947.^.'132,
■'
Fed.
mature*
to
1946
3,843,016
4,002,673
income.—
oper.
From Jan.
income
Other
railway..— $23,261,656 $20,218,093 $18,446,668 $22,754,546
railway—
8,439,874
7,777,047 ; 6,217,680
9,319,546
from
ry.
i •
and
Georgia
of
promissory notes in the principal amount of up to and not exceeding
$1,750,000 be, and the same hereby is, permitted to become effective.
outstanding
for
1352,
1,
made
be
the
redeem
to
March
to
final 'semi-annual
.
from
Net
used
be
due
still
further
respect
27; and
under¬
"Y/Y YYV;
- -
August—
Gross
The
Quarter Ended— Profit, ipcly othet' inc._i
Depreciation £10—3::—— ;
Chicago Burlington & Quincy RR.—Earnings—
<
Oct.
by the
up
on
Southern
:^Excluding Canadian Subsidiary)
/^'/YYYYYY'-'' ''''''^YYYYYYYY/.
'
at maturity.;;
'• bonds
W.
Oct.
dated
■
,V.Y Y-
■/
and
'Collirts & Aikman Corp.
j
;
3%.'bonds'.-; The 4'/r bonds will mature. Oct., 1,
amount of
The
Will
bonds
made
Mayl 'Sif compared
Nov;
-
1951.-
taken
of
_Jt
one
purposes.
Net
Sept. 17. asked, authority of the ICC to refund its" outstanding 4% first mortgage bonds.
'/.•-•Vi'\Y^ YY/'Y-Y//.
The road,.-.proposes to refund $600,000 in
first mortgage bonds.,
Oct.- 1, -1998. •
! The application
financing
mortgage
declared,! payable
The company
with
expire
Rights
for
reserve
exempted'.from -the competitive
to
of
current, year'. is being paid Dec. 1 and holders of record Nov. 1
of, theMadditibrial 106,810 shares'will participate in this distribution.
Dividends i of 20 Jcents m 'share on the new quarterly basis have been
WeateriiHRy/Rfcfuild /Bondls—;Y;;
\ Chesapeake
■
basis
SEC
stock
the
:
.
from
The
With" earnings;'substantially higher, the annual dividend on
the
stock is being increased to 80 cents a share from 50 cepts
a
19,075
Gross
Net
held.
of
securities
in
stock.
common
common
J
f
the
already
porate
$710,792
112,392
open-income.'.."'.:
of
first
;•
-
,; $808,987
184,478
$829,000
railwayY.——
from;
Net
shares
the
on
"underlying
discontinuance
appropriation
propdsed 'sale b^
under¬
offered
be
to
are
share
a
stock
common
and sell up to $10,000,000 2Vi%
promissory notes pursuant to the terms oj a loan agreement dated
July 21, 1948, for the purpose of paying the purchase price of Southern
,
1948
<'
railway....
from
$11
to
the
the
in
par)
investment
corporate accounts of
Commonwealth proposes to issue
,
$3,000,000
Central Vermont Ry«,.Ijic»Gross
for
by stockholders will be
subscribed
penditures
Corp. - was recently, organized to acquire the Central
by E. P. Holder, Chairman of the board of American
Bosch Corp., Springfield, Mass., and a group of his associates, accord¬
ing to Mr.;.Norville.
There is no contemplation on the part of the ]
new
owners
to make any changes in the existing personnel of the
Central Scientific ;Co., Mr,. Norville Said.—V.
160, p. 1077.//
* vvVY;
Co;
three
shares
common
6
group;;
Proceeds
:
v
each
for
not
writing
Oct.
the
general
its
.
offered through
be
to
are
value"
proposes
made
refunding purposes and capital expenditures has
the company.
/'■.
.
$1,000,000 3
-"serial bonds due Oct. 1, 1949 to
1956,
of
(no
3
*
restate
to
"fair
also
solidated
for
maturing Oct. T,
In. addition,
106,810
from
1,1947,
shares
250,000
$4,000,000.
proposes
1948, .and
.
.
purchase
Co,-for
sidiaries
of
and
writers.
Central
{ (The. Cenco
Scientific
to
Southern
beeii, made and $4,000,000 sinking fund bonds bearing 41/*'%,'
has
interest
N.
with
financing
private sale
1956,
substantially
who
on
capital
arranged by
A
and one of the largest manufac¬
supplies in. the physical laboratory
J., Boston, Mass., and a wholly
branches in Toronto and Montreal,/
apparatus and
branches' in Newark,
has
Central
the
of
Norville, q director of
is the largest distributor
Canadian
owned
stock
has acquired
scientific
of
It
field.
Chicago, 111.,
Corp.,
the
Cockshutt Plow Co., Ltd.—Financing Plan—
;
been
;
of
.
-V.Y L;'Y0lY./
*
Central Scientific Co., Chicago—New Control—
(1359)
and
Sept. 29 approval a proposal to increase
stock from $8,667,200 to $9,292,200 and
the
the
authorized common stock from
1,200,000 shares to 1,325,000 shares.
Robert Dowling, President, said it was planned to use the additional
125,000, shares to pay a dividend or dividends in stock.
There are
960,000 comhion' shares outstanding.—V. 168, p. 1252.
> •
•,
;/
:
'
•
'railway—
irom
stockholders
amount
39,391,078
railway...,—./. 3,224,621
iiicome:.., , "2,502,166
The
V
1,026,589
43,091
CHRONICLE
FINANCIAL
Power
•
$4,524,643
&
City Investing Co.—Authorized Capitalization Increased
;
1945
s1946
$3,480,767
"166,085
Net
-
MONTHS
EIGHT
% 1947
$3,290,666
from
Gross
FIRST
AND
MONTH
1
<-,
1948
railway.*-/ I $3,736,314
Net from railway.*-./-638,001
Net ry. oper. income.:—
'
■''40,920
August—
Gross
COMMERCIAL
THE
*
exchange,
remittance
.
for
foreign
subscriptions and
advertisements
must be
made
in New
.
.
York
.
funds,
<
4
THE
(1360)
Continental Motors Corp.
RESULTS
Sales
Net
FOR
Under
(& Subs.)—Earnings—
MONTHS
NINE
:
ENDED
JULY
31,
cash
$85,592,860
—
of
NOTE—Due
consolidation
to
financial
of
avai.able.—V.
not
are
108,
Wisconsin
mortgage,
new
Prov.
Net
1 1946
$783,607
519,739
43,237
300,000
State
$1,277,196
514,864
outstg.
share
com.
amount
50-year,
stock
$2.40
*$50,540
514,864
Cowles Chemical
The
company
at
owners,
the
covering
6,965
share.
increase
20 li ed
shares
common
Underwriters,
Cleveland
$0.68
$0.02
•
$0.84
the
bonds
distribution
One
claims
in
cash,
bonds,
receive
40%
in
and
30%
from
new
run
19
Treasury
the
debtor's
Aug. 31—
1948
util.
units*
par),
(no
T.
H.
working capital.
Other
be
to
offered
at
$13.50
Reader
tax
and
income
67,518,919
4,631,000
4,631,000
4,295,000
surtax.;
fr.
opers.^f
util.
14,873,570;-15,359,440
income
Gross
V
14,752,010
322,511
185,377
553,549
15,196,1082
income—-3-^——/ 5,468,355
15,544,817
4,513,029
11,031,788
Crucible Steel Co. of America—Acquisition—
paid
declared—
or
The
Steel,
the
continue
of
Co.
company
the pre. ent
Pre: ident
Troy,
the acquisition of Trent Tube
as a wholly-owned subsidiary.
Jr., Chairman of the Board of Crucible
will retain its corporate identity.
It will
' 7,823,634
8,395,114
Not
stated
Tube
and
that
It
stockholders -of
the
the
45,000
of
Trent
shares
'
the
of
Dallas Power & Light
the
Operating
Trent
outstanding
and
stock
the
taxes
Other
company.—V.
168,
%
Net
$1,153,062 $13,363,215 $11,623,340
5,509,264
Gross
1,947,018
133.272
1,498,878
1,259,137
79,290
1,055,298
from
Net
1.732,004
100,000
ry.
Gross
,
$273,716
$3,352,757
—V.
(net)_
377
cents
share
per
1947
$393,059
257,831
86,569
the
on
The
1946
;-:
'
the
1945
$273,716
$3,362,286
$3,081,135
CO.418
49,860
695,175
has
made
the
at
Salle
168,090
50,190
55,847
2,702,177
2,873,966
1,789,627
1,072,051
income
Transf.
to
—_
surplus
O-t.093
$223,856
$2,667,115
271,654
129,084
res._
77,633
768,908
725,653
called
Bal.
carried
earned
Div.
to
Net
$175,009
$146,218'
$1,898,207
$1 720,179
stock__
334,935
334,935
————S-L-—
$1,563,272
^ $1,385,244
outslug.
to
4 Va '/<■
preferred
from
Net
corp.^
surplus
applic.
111.—V.
ry.
Gross
Balance
168,
and
Interest.
Trust
Co.,
Payment
trustee,
will
/
.
17,571
*
V.
100-loot
versatile
delivery in
for
a
January
and
a
units
and
film
V
■'
Recordak .Film
the
Recordak
readers
Duplex
can
Micro¬
in
891,821
value
par
York,
November
of
'
each.
and
.
vote
outstanding
$2
Cleveland
will
a
$4
p..r
stock is
The
Detroit
on
Stock
Ex¬
the/split-up,
if authorized, will be Completed in
'
/
been
<
,
\
"
*
'
r-'v.
appointed
Vice-President
associated ,with
the
and
Director
since
March,
Kenosna, Wis., of, which
Manager.
Mr. Winther has
director of Eaton since March, 1947.—V. 168,
p. 1143. '
acquired
Dynamatic
and
company
Corp.;
General
Sept. 27 announced that highly favorable
on
to
the
instrument
in
disc
new
Edison
Electronic
tf»*«rrganized business
showings
utilizes
plastic
a
recording
recep¬
Voicewriter
the
groups
at
before
week
disc.
,
.
Edison laboratories in West Orange, N. J., the
an important advance in its field, according
Vice-President
and
Manager
of
the
company's
the
Horner,
Division.
1
is
machine
new
includes
168,
addition to the company's Voicewriter line
cylinder and electronic cylinder instruments.—
an
acoustic
89,970
.
22,223
22,219
^
1254.
p.
Ekco Products Co., Chicago—Files With SEC—
share, without
lunds and
per
underwriting.
Proceeds will be used ior general
additional working capital.—V. 167, p. 2684.
treasury
Electric Power & Light
the
this
week
ended
Sept. 23,
Corp.—Weekly Input—
1948, the System
amounted
corporation
kwh., or
168, p. 1254.
—V.
1945
♦14,988
26.7%,
to
input of subsidiaries
kwh.,
an
increase
of
80,367,000
the
over
correspdnding
week
of
last
year.
2,339,500
593,861
145,204
129,165
*206,070
30,907
1,703.400
1,828.300
«
941.
company'on
The
389,998
156,682
Sterilizing Co., Inc., New York—Files
With SEC—
'-r-:
,754,441
Steam
Electric
21,262
♦21,368
*
//I''/-';
3,008,200
p.
and
and
these
/;' $207,100
$236,900
income—
168,
for
existing
a
New
been
16,970,000
1946
5,300
/,U';
railway
♦Deficit.—-V.
the
President
was
accorded
P.
For
1947
$2
82,022
•<./
oper.
rolls
unit
film
1
equipment represents
The
La
railway——
from
ry.
film
to
be
So.
203
Ry.—Earnings—
$379,200
income—l
from
Ne.t
scheduled
stockholders
with
has
has
public
Ediphone
149.
p.
railway——
oper.
Net
-V. 168, p. 941.
railway
From Jan.-1
•
supply
24
exposure,
The company on Sept. 24 filed a letter of notification with the SEC
covering 12,000 shares ($2,5o par) common stock, to be offered at $25
redemption on Nov. l, 1948, for
$22,000 of
15-year 4%
sinking fund
1948
from
bf
one
;
for
fund,
August—
Gross
in
l
Eaton
This
A.
to
431,823
Duluth Winnipeg & Pacific
$2,445,832
$
—
is
J
a
was
first
of
Net
film
1,363,159
610,840
1, 1962, at 101
National Bank &
Chicago,
reductions
the
one
the
of
'
i, The, corporation
40,803
91,655
3,703,428
Oct.
City
Street,
of
planned
that the
upon
Winther
been
tion
635,303
—
also
>
when
new
$277,055
731,286
sinking
due
is
shares
*
Developed
'
-
$395,491
174,445
.
941.
of
provide
Additional
each
two
Winther
last.
2,210,611
corporation
the
and
(Thomas A.) Edison, Inc.—Announces New Product—
out¬
4,406,849
income—
p.
these
reversed
half.
200-foot
include
film.
split
Winther
which
railway
then
available.
Both
through
cost.
unit
listed
P.
also
share
per
RR.—Earnings—
1948
*
railway
168,
account
de¬
_
20
t.
$3,080,758
9,529
:.V
$334,511
other
and
cents
Dodge Manufacturing Corp.—Partial Redemption—
1,701
--
income
ductions
20
1—
oper.
debentures
Interest
of
946,634
$362, |B10
revenues—
income
of
$552,839
•
from
Net
4,604,807
182,308'
127,770
——
484,476
———
oper.
dividend
payable Oct. 20 to holders of record
paid in preceding quarters.—V. 168, p. 344.
August—
From Jan.
be
1.
run
Engineei ing.
Mr.
1946,
both
were
from
will
width
Microfilmer
will
anticipated that
M.
of
$1.32
\
941.
p.
extra
an
dividend
stock,
railway-—
Net from railway—'_V
Net ry. oper. income—
1948—12 Mos.—1947
212,839
_.—
168,
Detroit & Toledo Shore Line
1253.
p.
507,473
—
taxes
3,208,155
$1.58*
$i.3J
its
di——
taxes
Depreciation
Other
quarterly
common
Like amounts
width,
New Vice-President—v
-
usual
standing
Co.—Earnings—
$1,310,922
revenues
excl.
rect
•
Federal
shares.—V.
The directors have declared
Crucible
Oct. 11.
1948—Month—1947
Period End. Aug. 31—
-
1,332,612
Detroit-Michigan Stove Co.—Extra Distribution—
company
of
Gross
•
6,997,430
on
'
;
,,
Vice-President
to
into
is
Mr.
was organized in 1941 to apply com¬
advanced continuous-weld method for pro¬
The process was
conceived by
Frank E.
its
now
busniess—
Manufacturing Co.
unique and
stainless tubing.
ducing
Elge,
in
share
per
♦Based
headed by Walter H. Wiewel
head of operations.
accepted the consideration of
Steel common
stock, in exchange for all
of Trent.
\Trent
♦Earnings
Duo
contemplated
presently
'
management,
unanimously
mercially
Balance retained
Troy,
Snyder,
P.
Trent
Snyder
announced
Wis.,
27
East
at
W.
under
East
Mr.
Sept.
on
company
Acording -to
to
is
(
units
conventional
extra
changes.
Stated
Manufacturing
is
shares
9,239,870
income——-—
income
divs.
other
will
28
film
to allow users of that
equipment to get additional film economy
photographing documents one side only, such as bank state¬
and deposit slipp,—V.
168, p. 742. •
♦
December.
Net
The
the
of
the
principle,
the other
who
users
day.
Eaton Manufacturing Co.—To
Split-Up Shares—
It
v
Cash
1;
film.
half
one
the full
16mm.
film
proposal
6,065,689
9,727,726
from
to
microfilm
every
,
15,305,559
corporate
Deductions
35
16mm.
expose
film
price
at
duo
when
86,565,930
for
rented
ments
per
Cunningham & Co.; The First
Co.
Proceeds will be used to
& Co.;
Jones &
normal
Balance,
Rental
filmer
81,171,317
to
the
use
of
of
expose
again
The-Recordak
$
101,161,757
roll
Utilizing
will
1949.
1946
96,070,921
to
duo
current
_—
Fed.
1947
114,3 66,491
opers..
to
economy
the
on
take-up spools. Thus the Recordak Duo Microfilmer becomes
all-purpose microfilming machine. '
A
"''
$
from
1.
ratio
50-foot
additional
to
(& Subs.)—Earnings—
1
,
earns,
film
greater
operating
reduction
a
once
through
in
States
units,
a
use
machine
'Two
United
the
providing
film
has
units
would
.
and maint. charges,
appropriations, etc.
reserves
letter of notification with the SEC
a
Prescott
and
Corp.,
their
of
plan)
time
12 Months Ended
Gross
Co.; Cleveland, O.—Files With SEC
Sept.
on
the
Two
follows:
7V2%
of
means
Monday, October 4,-1948
photograph lage volumes of small documents
be
$475,959
514,864
crediting to income $110,531, representing one-half of
against cperaumis in prior years.—V. 168, p. 249.
charged
of
as
purchased
who
Oper.
♦After
be
mortgage
4'%
contingent-interest
$25).
'•
•
(par
bondholders,
will
first
Detroit Edison Co.
$392,222
514,864
-
shares
of
307,648
450,000
$142,850
•.
promissory bote and $795;000 of
pledged as. collateral security
therefor, 'were
of the hearing, of $1,057,000
principal amount
of
first
mortgage bonqs, or approximately 74%
of
the outstanding
issue.
Therefore, under the plan, these four bondholders will acquire
control of the reorganized
company,—V, 167, p. 1693.
1945
$93,777
_______
profit
Earnings per
1947
$1,211,961
taxes
Special reserves
Common
>
-
$3,018,114
*
of
$633,500
mortgage bonds
the
1,290.918
&
Fed.
for
income
1948
-
taxes__
distribution
debtor's
first
6 Mos. End. June 30—
consummation
debtors
principal
common
Pour
the
Copperweld Steel Co.—Earnings—,
Profit before
the
of
securities
the
of
the
for
CHRONICLE
by not to exceed 30%
if, in the dis¬
amount thereof should be increased or de¬
the
date
new
of
first
Motor
845.
p.
and
FINANCIAL
adjustment
ccurt,
10%
$0.77
comparative sales and earnings for
Corp. for the first-time this year,
1947
results of
cash
to
the
Holders
2,536,129
,
at
&
which* provides
plan,
the
of
creased
profit after provision for Federal income taxes and in¬
applic, to min. stkh.drs. of Wisconsin Motor Corp...
Earnings per share 0.n 3,300,000 common shares ou.tstdg.__'
the
(subject
cretion
1948
come
COMMERCIAL
Sept. 23 filed a letter of notification with the SEC
for
150,000
shares
per
share,
without
of
stock
common
(par 10c), to be offered at 50c
Proceeds will be used to finance
underwriting.
manufacture of toilet seats.—V.
166,
1253.
p.
Delaware & Hudson RR. Corp.—Earnings1:48
1947
1946
1945
railway—
$5,508,968
$4,278,199
$4,234,904
$3 ,641,095
railway———
1,503,655
918,830
841,869
627,080
income—
833,403
421,787
600,157
328,814
August—
Gross
from
Net
from
Net
ry,.'oper.
!'
-
From Jan. 1—
Gross
railway—,"—
39,524,708
railway—-—.
8,125,800
income—
4,676,574
from
Net
from
Net
ry.
oper.
34,580,365
31,,858,716
8,175,977
28,011,629
3,657,919
3,917,162
1,955,925
3,,335,321
(R. B.) Dunning & Co., Bangor, Me.—Preferred Stock
Offered—Pierce, White and Drummond, Inc., Bangor,
Me., recently offered to residents
shares
($100)
6,,581,539
—V, 168, p. 941.
of
preferred
August—
Gross
Net
1948
from
railway—_
from, railway—
Net
r
1946
1945
$8,117,297
$6,816,150
$6,275,074
$6,093,311
2,263,543
1,582,708
1,241,122
1,263,788
668,098
—
income
oper.
ry.
Earnings—;;
1947
1,208.492
.
788,592
614,339
Gross
from
Net
ry.
—V.
railway——
60,582,163
52,663,335
44,788,218
50,684,613
railway—__
from
Net
14,0" 6,685
11,382,412
5,834,859
11,326.051
income—
6,821,426
5,406,668
2,323,975
3,443,580
oper.
168,
1253.
p.
'
r.
Delaware Power & Light Co.
i
(& Subs.)—Earnings—
Period End. June 3C—
1948—6 Mos.—1947
Operating
revenues
$8,691,726
Operating
expenses
2,401.266
2,540.571
Power
&
purchased
gas
Maintenance
Prov.
"
3,612,775
''
499,052
683.508
442,052
626,343
1,326,147
1,229,737
754.089
743,034
1,392,309
150,968
332,615
290,077
190,546
456,866
taxes—
revenues
$1,434,046
—
843,079
$1,273,337
$2,535,198
107,868
86,441
252,542
207,438
$1,359,778
$2,787,740
$2,673,818
407,885
240,095
614,022
the
$1,119,683
126,250
$2,173,718
345,000
$2,186,890
172,500
____
—V.
dividends
___
for com. stO' k
shares
per
stock
share-
$993,433
$1,828,718
1,162.600
1,162.600
1,162.600
$1,980,640
1,162,600
$0.83
outstdg.—
com.
Sept.
Issuance
the start
face
Sept.
on
$0.85
$1.57
$1.70
■
notes
the
per
at
ment
will
by
annual
of
approved
o'
of
at
to
not
of
would
earl er
of
requirements
plan
the
are
as
of
reorganization
notes,
be
than
ail
and
interest
past
or
for
1st
l,
The
court.
The
1949,
Common
$25
for
stock
no
such- manner
as
'/
to
and
additional
total
charges
the
of
short-term
effective
GIVING
incorporated
was
in
1897
and
in
it
Maine.
has
date
ington
of
Maine
EFFECT
for
agency
TO
PRESENT
the
Hotpoint
action
notes,
provision
is
of
and
the
holder's
made
for
o*
stock
their
the
are
Net
found
would
for
participation
jn
have
the
no
these
plan.
of
Federal
anti-trust
investi¬
corporations
brought
to
light
investigation into whether anti-trust
The
summonses
filed
were
in
District
investigation
undertaken
by
would
determine
un¬
and
2.481,191
5,628,989
3,684,588
354,645
-ti 2,269,131
\
941.
p.
22,781,399
1948—Month—1947
1948—8 Mos.—1947
$910,215
$6,563,088
$4,753,829
167, p. 2685.
Employees Credit Corp.—Registers With SEC—
The company on Sept.
covering
series
shares
20,000
A
24 filed
(no par)
of
/
registration statement with the SEC
a
$1.50
prior
convertible
and 20,000 shares of class A
preferred
common
stock
stock,
($2
par).
Underwriter, E. H. Rollins & Sons, Inc.
Proceeds will be used to retire
2'/2%
term
loan/ amounting to $225,000, held by Marine Midland
Trust Co,, New York, and balance for general funds.—V.
166, p. 1354.
English Electric Co. of Canada, Ltd.—Exchange of Stk.
the grand
jury
John
See
Inglis Co.,
Ltd.
below.—V.
157,
1942.
p.
Equitable Credit Corp., Albany, N. Y.—Dividends—
cumulative
A
dividend
of
dividend
cent
one
of
five
per share
cents
share
per
and
have been declared
on
participating
a
the participating
stock, both payable Oct. 1, 1948 to holders of record Sept. 15,
preferred
1948.'
Total
and
dividend
this
payments
participating
three
to date were
year
cents.—V.
165,
cumulative
15
cents
2664.
p.
whether
records,
eight
dating
some
E.
concerns:
I.
U. S. Rubber Co.;
Chemicals,
back
in
or
Erie RR.—New Vice-President—
civil
1915, were
deNemours & Co.;
duPont
Ethyl Corp.;
Inc.;
Bendix
Raymond
to
North
Aviation
American
Corp.;
Rem¬
Co.
the
.said
will
companv
this time."—V. 168,
make
no
comment
on
elected
the
for
income
taxes——
and
promotion
change
—
—
Subs.)—Earnings—
1947
1,860,361
1,812,384
$9,178,942
Balance
per
168,
applic.
share
-
4Va%
on
__:
$6/673,870
$4,887,775
prior
—_
1,108,729
1,108,729
1,108,729
$8,070,213
$5,565,141
$14.87
6%
pfd. stock
6%
pfd.
Eastman Kodak
stock
Co.—New
by
to
Corp.,
Recordak
The
several
duo
two
feature
years
by
thirds
a
of
in
Recordak
of
cents
35
Alfred
10,
business
to
to
the
vacancy
created
Executive -Vice-President.
1.—V,
168,
p.
-1641.
f
been
applications,
and
is
under
overhead.
He
months
six
turing
now
and
.•
Sept. 28 that the directors have taken
semi-annual dividend due at this time.
a
each
were
made
added
that
to
appear
be
on
the
April 26,
prospects of
encouraging
overhead costs.—V.
Fairchild
tape
and
according
experiment
introduced
as
by
The
'•
for
a
last,
and on
:
no
■
action
Distribu¬
April
25
President, stated that it is apparent at this time that
operations for the six months ended Sept. 30, 1948 have been affected
by the decline in advertising revenues that monthly magazines have
experienced and by increased costs of labor, raw materials and general
Camera &
of
167,
tion
new
the
Instrument
lor the next
rising manufac¬
'
company
2360.
Corp.—New Affiliate
Recording
a
Equipment Corp. to combine the
professional studio quality magnetic
new
extensive
of
Fairchild
latter's
corporation
broadcast
the
apply
the
with
by
of
the
spite of still
in
p.
line
of
professional
Camera
board,
it
&
was
disc
Instrument
announced
recording
Corp., has
by
James
S.
President.
Ogsbury,
radio
sale
equipment
approved
The
Fairchild
and
recorder
sound
been
by
has
engineers
Oct.
Smarc,
Formation
Microfilming Machine—
many
succeeds
Johnston
on
1947.
manufacture
subsidiary.
microfilming
Randall
W.
$10.10
/
exposing only half the width of 16mm. film at one time, a
microfilming machine,
the
Recordak
Duo
Microfilmer,
more
triples the
image capacity per foot of film
and
cuts
film
requirements
Paul
announced on
Oct.
and
$3,779,046
$21.57
1
to
on
Eastern District General Manager, has been
charge of personnel, according to Robert E.
effective
payment of
a
1143.
p.
of
became
was
the
on
tions
1946
1,843,846
—
in
Mr.
the
$20,715,631 $17,170,660 $12,245,445
4,271,333
3,866,168
1,597,666
5,421,510
4,770,261
3,947,620
discount-.
debt
Randall,
President.
Esquire, Inc.—Omits Semi-Annual Dividend—
(&
1948'
income—
C.
Vice-President
Woodruff,
1143.
p.
Aug. 31—
requirements
preference stock
5,714
bonds,
value,
16,341.285
9,326,255
$1,197,655
—V.
Outstanding
$22,856
$28,570*-!
debenture
be
business
Div.
new
to
.
the
said
spokesmen
income
By
debtor's
grand jury
Kinetic
Interest
shares,
common
againsf eight
Depreciation and depletion
than
equities
the scrutiny
violated.
Inc.;
Arms
Earned
$10,200
under
Corp.;
Provision
—V.
——,$999,950
25,153,049
11,858,895
4,977,036
income--
OFFERING
of
428.550
30,242,952
railway
railway—
oper.
4,000 shs.
been
consolidated
Total
Contingent
.;,
♦97,432
Period End. Aug. 31—
2,000 shs.
Motors
Aviation,
Charges Requirements
"
462,154
been
2,000 shs.
Federal
against
General
to
postpone¬
capitalization and
bonds
(17.142
a
454,477
Empire Millwork Corp.—August Sales Increased 31.6%
working
It
from
719,682
$2,087,562
1—
*DeficU.—V/ 168,
-s'-iVrV-
provide
incorporated
Eastern Gas & Fuel Associates
$10,200
.
Total
The
on
$571,400
fund
of
Fixed.
Amount
property75-year
4 %
income
par;
secured
due,
subject
approved
leased
bonds
Sinking
in
used
$100)_—_2—_i.1T4,000 shs.
agents
Subpoenas
iollows:
Item—
mtge.
be
amended.
as
reduced
fixed-interest
accruing
eliminated.
Jan.
be
67,519
income-—
from
ry.
be/so
dirptors may
Chicago.
12 Months Ended
would
Principal
Issue
1835
subpoena
a
840,641
proceedings.
follows:
$999,950,
(cxrlus've
rat°s)
authority
Rnt
in
came
have
$2,702,817
1,117,945
from
Gross
Net
1945
$3,154,060
1,627,549
oper.
Net
stock'to
24.
Anti-trust
RR.—Reorganization—
eaoitalization
short-term
$378,223)
be
a
report
approved,
annum
various
plan
15
ICC's
(exclus'v®
amount
$166,148
will
BUSINESS—Company
(par
of
may
Court
DuPont
summary of the
Under
the
plan
$3,572,000
by lot
q'me,' the
apy
(par $100)
company
report "at
A
at
(E. I.) duPont de Nemours & Co.—Anti-Trust Inquiry
The
167, p. 2465.
ICC
part
1946
$3,902,651
Sales
AND
stock
Common
206,250
$961,529
Des Moines & Central Iowa
The
at
Authorized
issued
Com.
determined
proceeds
CAPITALIZATION,
subsequent
income
Earned
redeemed
company
Preferred
486,928
$1,134,029
deductions
Balance
be
be
has the State
products and Masury paints.
laws
Net
in
or
upon
60 days' notice on any dividend
1951, at 105 plus divs.
If less than all of the
supplies, paints, wallpapers, painters' supplies, dairy and
poultry equipment, seeds, agricultural implements and farm equipment
throughout seven counties in northern and eastern Maine.
Further¬
$2,466,380
$1,541,914
——
income
Preferred
subject to redemption in whole
1,
contractors'
gators
Income
ry.
continuously owned and operated by the Dunning family.
Company is
presently engaged in the wholesale distribution of plumbers' and steamsupplies, electrical supplies and appliances, building material
383,271
taxes-
local
oper.
Gross
Net
1947
railway
railway—.1—
from
fitters'
260,294
228,226
tr:xes__
Other income
,
shall
established
was
par
1948
from
Net
1,452,750
income
and
Net
is
4,119,537
4,819,801
1,017,106
——
Other Federal
State
4,734.061
1,942,068
depreciation-
for
Federal
1948—12 Mos.—1947
capital stock at
capital.
HISTORY
2,000
corporation
PURPOSE—The
$7,406,104 $16,571,565 $14,367,823
2,056,109
stock
redeemed' shall
more,
'
stock
the
of
determine'./;1 Legal for Maine saving^ Ijkriks.
It
From Jan. 1—
only,
From Jan.
and after June
on
Maine
div.
and
option
of
cumulative preferred
The preferred
the
date
^Delaware Lackawanna & Western RR.
5%
Elgin Joliet & Eastern Ry.—Earnings—
August—
Gross
art
of
magnetic
uses.
will
serve
the
specialized
requirements
of
the
industry,
as well as the strict requirements demanded
and transcription manufacture, and will also
recording to industrial, motion picture and avia¬
record
tape
Furthermore,
recent
Fairchild
developments
have
made
it
Volume
THE
Number 4739
168
LIABILITIES—
recording
possible to meet all the exacting requirements of micro-groove
the production of the new long-playing records.
Note
lor
the
new
company
Construction
638,747
$635,396
845,970
accounts
estate
Note
effective registration under the Securities Act of
1933, and the making of an offer by the corporation, holders of com-";
mon
shares of record at the close of business on Oct, 5, 1948, or such
deed
of
within
fur
note
within one
pay.
principal
trust,
bank
agreement
liability
preferred stock
right to subscribe, on or before Oct. 21, 1948, for common shares, of
$1 par value, to the extent of one share for each four shares held.
The subscription price is to be determined shortly before the offering
4'/2%
preferred
such
Common
Paid-in
and
nally
fixed
the
the
usual
stock
10%
a
the
record
accompanied
be
must
declared
date
as
168,
subscription
The
share
offer
rate
new
the
of
paid.—V.
is
has heretofore
than
of
for
have
the
Net
216,643
G-E
diesel-driven
completion
the
electric
generators
engines
in
States.
been
846.
been, called
for
redemption
These
the
point
ox
will
generators
Co., Cleveland,
Ohio.—V.
168,
Mexican
hydroelectric
is
failing
and
the
Schnectady
its
at
(N.
10
driven
be
the
by
feet
March
F.
the
Light
largest
effective
May
Floyd
5.
D.
Cerf
Chicago,
Co.,
named
were
First
Co.,
purchase
according
huge
demands
post-war
for
to
9,
with
filed
amendment
an
$G.per share
removed
were
shares
registration
by
of
the
(70,190
registration
shares
Also
and others).
shares which
Weisberg
569,863
were
conversion
from
Tillie
common
The
New
preferred stock.—V. 167,
Freeze-Pak Corp.—Offers Stock
F.
Steel,
in
24,000
The
1948,
issuer and
removed from
to be reserved
by
were
of
at
Kiendl
Bank
of
cubic
and
the
of
General
in
the balance of
July
6,
1948.
and
hopes
with
plant;
director
a
the
of
made
the
of
$3.75
and
Motors
of
30,775
These
which
Other
distributions
quarterly
stock¬
cents
usually due
far
so
each;
this
and
year
Julv
30
of
directors
than
the
in
taken
to
earnings
share
in
the
last
to
prior
was
month
month
following
the
of
the
quarter
permit the directors to
considering dividends."
disbursed during the calendar
was
as
gauge
year
Director—
a
of Highland Park, 111., Vice-President of
investment bankers, has been elected a director
Ames,
to
Soss
Manufacturing Co.
fill
Detroit,
of
1145.
p.
cants
56*4
income
of
12,
stock
record
Aug.
declared
of
1948.
11,
33 Vb %
a
$1
the latter
and
Payments
Stock
stock
share
per
on
Oct.
previously
Dividend, Etc.
dividend
the
on
and
common
to
this
matte
special
a
the
stock
both
25,
year
holders
of
were
as
March
and
The
holders of preferred
with 405,527 common
represents
preferred
SEC
compare
stock
preferred
stock.—V.
168,
and
9,363
ceeds for
Sept.
on
100,000
shares
will
stockholders.
holders
were
company
covering
54,000
27
filed
shares
be
sold
Underwriter,
registration
a
($3.50
by
A.
par)
the
C.
Allyn
&
statement
common
company
Co.,
and
with
stock,
of
the
which
46.000
by selling
Company's pro¬
Inc.
working capital.
1254.
p.
The
1
1948
.
allow-
anniversary of this company will be celebrated with &
at Akron, Ohio, beginning Oct.
6, it is announced
by P. W. Litchfield, Chairman of the Board.—V. 168
p-847
'"<*7*
'
-v* ;
■'
.'v-V-.
U946
"1947
*
$8,736,900
$5,629*700
$6,447,500
5,743,500
4,666,300
$1,781,200
$1,348,900
27,000
(net)-
5,900
Dr63,700
Net
taxes
for
Fed.
from
ry.
$2,999,300
—
taxes—
income
$1,717,500
1,140,000
'
v
{Earnings
Gross
523,000
659,000
(par
share
common
aggregate
of
the
$1,058,500'
$1.85
results
$1.06
Portland Cement
Co.
Feb.: 19
to
193,770
502,336
882,153
425,065
*157,828
350,324
"
1,261,662
Jan? 1—
from
railway
33,290,000
29,621,000
21,839,000
24,806,000
fromj railway—.
5.407,686
5,935,133
118.424
5,093,434
2,436,504
2,704,241
*1.782,036.
3,204,030
income
opexv
168,
942.
p.
Group Securities, Inc.—Earnings—
Six Months Ended
May 31—
frem dividends
and
June
Expense
1947. ., +The aggregate of the
results
of
operations of the predfecessor companies for that period.
{Based on 1,004,366 shares at June 30, 1948 and on 999,998 shares at
June 30, 1947 .and 1946.—V. 167, p. 1922.
,
30,
.
taxes
Net
income
gain
vNo
Public Utilities Corp.—Weekly
for
1947
$2,914,681
$1,775,907
-325,693
357,651
:
32,637
=,f
.
Net
.
.
.1948
interest
—
♦Provision
$50)
General
604,063
income—
Income
Co., plus, the results of operations of General Portland
from
1945
$3,089,000
operations of the predecessor com¬
of
panies (Florida Portland Cement Co.„ Signal Mountain Portland Cement
Co. and Trinity Portland Cement Oo.) for the period from Jan. 1 to
1947, the date as «rf which they were consolidated into General
Cement
1946
$3,177,000
♦Deficit.—V.
$0.85
,
1947
$4,069,000
ry.
Net
$852,900*
Feb.. 19,
had been
stock
per
$1,859,300
—
-Earnings—
$4,668,000
oper.
From
$1,375,900
RR.-
194$
railway
railway^——
from
Net
Federal
—
program
August—
Gross
Net
for
prov.
profit—
♦The
day
t Grand Trunk Western
4,280,800
$2,993,400
y
50th
three
operations-
before
income
<
share
per
have
Goldsmith Bros. Smelting & Refining Co.,
ChicagoRegisters With SEC—
.
stock
«
issued
20
of
20
made
20 and June 19, 30 cents quarterly and
60 cents extra
Sept. 20, 50 cents quarterly and 40 cents extra.
In
1947, the company made four quarterly cash distributions of 30
cents each, plus the
following extra dividends: March 20 and June 20
30 cents each; and Sept.
20, uO cents.—v. 10), p. 2o86.
433,909—
preferred
-
common
expenses—
Income
accumulative."
are
30.
Deferred—
dividend
a
Nichols,
Co.,
Oct.
each;
and
common
figures
series
$5
series
from
Provision
on
the 4»/2%
cumulative convertible preferred
and including July 1, 1948.—V. 164, p. 1593.
to
up
dividends
E.
&
follows:
846.
p.
output
year
,
preferred
board
rather
quarterly
directors
record
preferred for the" second quarter of 1948.
stockholders in the third quarter of 1948, 21,412
preferred
the
Costs
produc¬
in
to be
first
a
-
Regular
the
decision
5,
30,746
6 Months Ended June 30—
the following statement
to
stockholders:
"In
view
of
the
present unsettled
situation, and
losses
resulting
from
unusual
crop
End marketing
conditions for
pecans
during the Jiast crop year and the present crop year, the
board reluctantly determined it
was necessary to omit the preferred
dividend normally payable Oct.
1.
It is hoped that the conditions
surrounding the marketing of the new crop of pecans this winter
will permit profitable operation,,'of the' ccmpany and the resumption
of
by
quarter
This
year-end cash dividend
former payable Nov.
Net
Sept.
April
Gleaner Harvester Corp.—33%%
also
168,
'
holders
Sales, less freight, discounts,
ances,
etc.
housed in a plastic and aluminum case 31
deep and 23 Va inches high, has a storage
Total weight is 65 pounds.
Insulation is
on
Action
on
Payments
Goodyear Tire & Rubber Co.—5Cth Anniversary—
feet.
President,
and
15
vacancy on the board.
Mr. Nichols also is a director of
and of the Acrivix
Corp. of New
General Portland Cement Co.—Earnings—
•.
Moore,
Jan.
action
no
stock.
Bedford, Mass.—V. 108,
is
He
York.—V.
New
of
403,134
holders
were
<R. E.) Funsten Co.—Preferred Dividend Deferred—
J.
took
28
common
a
Units to Public—
fiberglass.
R.
the
Donald
1254.
York.
New
1947.
were
Income
refrigerator,
wide,
18
inches
capacity of 2.66
of
record
Of
2466.
p.
the company
Mich.,
Ionia,
Its
539,639
the
stockholders
units.
new
Inches
said
President,
January
of
taken
of
Emei'ich
third quarter of 1948
was
433,909, compared with
for the second quarter of 1948 and with 436,917 for the third
There
consisting of one share each.
John
1,762,415
loo,y84
Donald E. Nichols Elected
in
York, prominent attorney and Chairman
Toys, has been elected a director.
of the law ffrm of Davis, Polk, Wardwell,
partner
number
for
quarter
The corporation/ producer of
a
compactv electric refrigerator, is
offering to the public as a speculation, 80,000 shares 4$1 par) common
stock and 80,000 shares ($2.50 par) preferred stock at $3.50 for a unit
tion
Sept.
the
total of 65 cents per
1947.-
Schwarz
O.
A.
a
and
total
436,273
of
goal
4,553,068
659,918
251,8*4
Gerity, Jr., President, announced that.■■•('future dividend actions
be
The
of
F.
is
National
holders
(proceeds to company) for a total of $28,860 and 320,190
shares
250,000
3,732,308
912,507
942.
A
G-E
electricity
General Motors Corp.—Stockholders Number
Sept,
56,606
cents.
accurately
under¬
the SEC shows that of the
preferred stock 5,091 shares were sold at $10 per share on behalf
of the company
and 379,909 shares were removed from registration
<119,909 snares by issuer and 260,000 shares by Tillie Weisberg and
others).
Of the common stock registered, 4,810 shares were sold at
for
of
Schwarz
Sunderland
writers.
On
22,445
323,396
p.
on
on
follows:
heretofore.
diesel-electric
the
made
Power
&
capital city.—V. 168, p.
Schwarz
O.
board
Mr.
385,000
1948,
A.
the
of
shares (par $5) of 60c cumulative con¬
vertible preferred stock and 325,000 shares of common stock (par $1)
were
registered with the SEC.
The registration statement became
6,
time
as
close
rpm.
General Mills, Inc.—New Director—
and De-
registration of Securities—
On
*2-,521
4.O69.6F0
846.
p.
Stockton, Calif.—Sale
Products, Inc.,
138
1,232,951
168,
directors
this
will
and
167
has been using steam turbine and
produce
electricity,
but
the
water
supply
meet
the
Commission
Power
to
to
$565,868
196,709
income
oper.
James
company
power
around
1945
8o,0o6
Gerity-Michigan Corp.—Dividend
the Mexican government
which serves Mexico City
plant
power
Mexican
power
1.46
$458,608
45,37 o
4,850,340
railway
railway
from
at
output to be constructed in the United
built by the Nordberg Manufacturing Co. of
Federal
of
The
1947
$461,141
income
oper.
ry.
The
built
by
this
Y.) Works, it
ever
power
being
are
interests
ofifcials.
for account
next,
1,
Nov.
on
1943
100,5J5
from
Net
Milwaukee.
fund, $625,000 of 20-year 3% debentures due May 1,
1946, at 100and interest.
Payment will be made either at J. P.
Morgan & Co., Incorporated, 23 Wall Street, N. Y., or at The Cleveland
Flotill
ry.
Net
$14,329,620
.
The
1S47
$1,823,787
From Jan. 1—
were
in
Sept. 14—
1943
$1,97 (,427
$561,837
railway
railway
from
.
installation
—Jan. 1 to
1947
$43,300
1255.
from
Net
1,313,282
and its subsurbs.
'.v.... V ..V.
Th
assembled
generator has an over-all diameter of 22
weighs approximately 54 tons. It is rated 6,000 kilowatts at
sinking
Trust
largest
nearing
General
Georgia Southern & Florida Ry.—Earnings—
giant machine is one of six ordered by
The
There
is
Sept. 29
of
of
Operating Revenue
$48,950
August—
951,452
r-
Firestone Tire & Rubber Co.—Partial Redemption—
of
the
on
dniis.on
Co.—Ruge Diesel-Driven Generator
Electric
announced.
The
was
made
on
Aug.
25.
to stockholders of a larger
income
investment
company's
168, p.
which
disbursement
the
$15,505,281
company
17
stockholders
to
represents
—
announced
Manager
1145.
p.
revenues
168, p.
Gross
133,022
133,022
951,452
216,643
1,618,391
—
—
72,000
1,500,000
p." 2958.
General
declared a quarterly dividend of 65c
per share, payable Oct. 15 to stockholders of record Sept. 30, on the
Increased number of the company's shares giving effect to
the new
financing. The previous rate had been 75c each quarter and applied
on
the 541,456 shares which had been outstanding prior to the stock
Sept.
on
4,000,000
surplus
freezers,
Reir»gera.,or
General
1948
Being Completed for Mexican Utility Firm—
One
directors
72,000
1,500,000
4,000,000
-
home
Duplex
Smith,
H.
Week End. Sept. 14
♦Deficit.—V.
Fireman's Fund Insurance Co.—65-Cent Dividend—
The
1960
51,031
2,525,146
—V.
4,
50,131
2,65.9,219
I
surplus
-V0t164,
addition
in
1254.
p.
1952
li-
due-bills.
by
dividend
cash
dividend of 35 cents per share
on
both
payable
Dec.
20
to
holders
of
record
stock,
1948.—V.
3,
corporation
have
1,
—
G.
Period—
Gross
quarterly
common
Dec.
the
by
directors
Trie
Earned
168,
Operating
63,349
ex-rights until further
common shares be not quoted
that all certificates delivered after
the
that
notice
to
directs, subject to the offering being
New York Stock Exchange
The
made,
1,200,000
stock, par 50 cents
Valuation
made.
is
———
stock
surplus
1.—V.
line of
a
Frostair
Co.
Georgia & Florida RR.
—
—
Contingent
5 Va %
which
on
479,943
_
1——
1st mtge. (liabil. not assumed) due July
Real estate deed of trust, maturity Oct.
upon
Oct.
the
Rubber
59,600
54,533
1,690,000
—
under
bought
&
Deepfreeze,
a
division of MClor Produces
Corp., Detroit, sa.d Uie purchase involved
the
patents, tools and dies and otuer assets of Frostair, effective
60,000
year
had
Tire
amounts
income
storage
registration becomes effective, shall have the
date
later
,
year
one
payable
Loans
payable———
credits
Principal amount of
Corp.—Rights to Subscribe—
Deepfreeze, maker of
it
120,839
Deferred
Contingent
$300,000
221,541
payable
5
General Tire & Rubber Co.—Sells Frostair Unit—
——
————-1—-
L:
39,754
Real
(1361)
,
104,042
company
Ferro Enamel
CHRONICLE
Accrued expenses ——534,410
Provision iur taxes on income823,332
will start with working assets in excess of $500,000
and will be financed joint.y by Fairchild Camera &: Instrument Corp.
and Mr. Fairchild.—V. 168, p. li44;- V. 166, p. 1049.
new
FINANCIAL
&
bank—,
to
payable
Customers'
Secretary-Treasurer.
The
payable
Accounts
will be: Sherman M. Fairchild as
President; Wenlworth Fling as Operating Vice-President; Jay H. Quinn,
■who has resigned as Sales Manager of Gray Research & Development
Corp., as Director of Sales and Advertising; and John B. Woll
as
of
Officers
COMMERCIAL
Output—
sale
on
$2,556,351
—
investments
of
provision
has
for
periods.—V.
counts
both
been
725,454
made
for
168,
p,
Federal
income
taxes
23,214
$1,395,042
501,094
in
the
ac
345.
The electric
output of this corporation for the. week ended Sept. 24,
1948, amounted to 153,646,250 kwh., an increase of l3,46o,641 kwh.,
or 9.6%, over the
corresponding week in 1947.—V. 168, p. 1254,
(Julius) Garfinckel & Co., Inc.—Refunding—
The
stockholders
borrow
interest
an
trust
be
from
will
3.65%
to
retire
bank
and
to
Co.
the
the
Of
loan
by
proceeds,
I960
due
increase
INCOME
authorizing the company
.of America $3,800,000
on
secure
3V2S,
$2,659,219
loans-and
CONSOLIDATED
4
Insurance
real estate.
company's
short-term
Oct.
vote
Prudential
of
rate
upon
used
the
and
working
General Refractories Co*—Earnings—
i
would
balance
the
retire
J ;
to
Period End. June 30—
Net
~ i
ENDED
.
JULY
Gulf Mobile & Ohio
of
31
of
$8,426,891
sales
and
1948—12 Mos.—1947
1948—3 Mos.—1947
sales
Cost
$8,299,835
'
net sales.
Sales
of
leased
Net 'sales
of
Commissions
1948
departments
own
(except
workrooms!
from
leased
1,595,454,
tea-
depts.
Gross
'
'
Other
-1,582,522
Gross
7,119,925
%6,839,'269
28,079,046
23,628.407
$1,460,565
$5,849,043
$4,916,109
—
misc.
and
;
rev.
Inc.
Total
selling,, admin. & gen'l
215.397
214,599
income
Interest
Other
real
on
on
estate
deed
207,046
.
mortgage—
%
normal
District
of Columbia
tax
and
surtax
tax
Contingency leserve
Applicable to minority
_i__1
_
42,170
12,521
599,000
____
612,380
53,000
70,112
Interest
interest.*—.-
Federal 8t
taxes
,
Prov.
for
Number
of
Earned
'
<
acquisition
16,494
266,044
$2.86
$2.64
CONSOLIDATED
BALANCE
SHEET,
ASSETS—
Demand
Accounts
receivable
Inventories,
cost
Cash
at
surrender
Prepaid
of
excess
value
expenses
Furniture, l'ixt.,
Land, buildings
of
ins.
lower
life
of
store
and
$1,697,448
improvements,
building
-
2,312,316
4,745,703
3,888,828
5,134
317,346
4,583
,
277,115
(net)
703,653
494,332
(net)
stocks of
5,178,831
5,143,650
etc.
462,863
132,649
equipment
615,789
169,303
350,949
47,457,851
42, ,251,854
51,803,184
13,674,213
11,898',153
4 ,587,431
16,982,691
income—
5,815,504
4,642,511
*1 ,053,607
6,020,685
oper.
^
6
Months
Net
profit
Common
per
Sales
2.402
282
2,808
53,654
•
10,627
742
82.365
*
per
158,866
132,173
1,522,674
$2,455,906
470,283
470,283
$5.22
$4.88
$1.20
$1.65
and
banks
on
30,
sales
profit
accounts
of
Brooks
at
purchase
Brothers
dates
of
price
of
capital
reserve),
$3,747,648;
inventories,
$6,029,547;
$391,371;
investments, miscellaneous, $14,154; in¬
estate,
•
$27,083;
taxes
est.
carried
notes
and
allowance
old
for
old
due
age
Federal
series, of $1,670,000>,
equity in net assets as
acquisition, less amortization—.:
over
Goodwill, trademarks and trade
Total
names...-,
within
one
pensions.
income
tax
$54,483; notes
accounts
$667,278; ac^
$142.4)91;
unemploy¬
year,
494,847
511,342
1
1
$118,220;
(less
U.
payable,
interest
$15,505,281 $14,329,620
69.873
$4.55
greater
$8.86
than
the
(&■ Subs.)—Earnings—
inc.
1948
income
taxes—
taxes
1947
418,000
1946
$6,860,608
$4,499,089
1,072,635
603,781
1,215,091
365,000
210,000
$797,091
$707,635
$393,781
outstanding
1,000.000
230.998
205,997
share
$0.80
$3.06
$1.91
surplus
shares
per
common
Harvill Corp.
,
6 Months Ended
Net
"
(& Subs.)—Earnings1948 '
April 30—
sales
Cost
of
Selling
1947
$953,879
and
administrative
762,550
110,708
expenses-
$905,862
827,065
sales
S.
Treasury
account
of
Operating
Other
profit
income
and
notes
acquisi-
Total
Tax
iincome
carry-back
Common
shares
Earnings
per
surplus,
9.53%
138,058
shares), $13,439,030: capital surplus, $611,338;
$4,963,424; total, $29,353,278.—V. 167, p. 2406.
>
$16,105
—
deductions
18.461
(net).
$5,254
Dr4,229.
accrued,
The
no. par
were
$334,000;
wages,
sory
.
1948
167, p. 2686.
Kentucky Fire Brick Co.. due 1949, $60,000; 3V-\% promis¬
notes due May 1, 1963, $4,666,000; reserve-for abandonments and
replacements of real estate, plant and equipment, $3,500,000; reserve
for
contingencies; $400,000;- capital stock
(issued
and. outstanding
of
Fed.
Fed.
to
Federal
sion
.-
i,_;
if
and
Northwest'
insurance
before
Common
—V.
$5,291,990;
hand,
$618,973
115,121
—$8,615,296
for
Net
1948
payable, trade and others, $1,239,412; accrued
crued
taxes,
$130,018;
miscellaneous
accruals,
ment
half
Months Ended June 30—
Earnings
SHEET, JUNE
Magnesite
Co.,
$480,000; deferred accounts,
buildings, machinery, equipment, mineral lands,
etc.
(less reserve for depreciation and depletion of $9,129,05r), $13,355,408; total, $29,353,278.
'
real
first
$2,293,747
470,233
•
1947
$523,597
reserves
(less
accounts,
in
$774,814
470,283
BALANCE
in
receivable
the
Harbor Plywood Corp.
6
Net
$563,933
outstdg.
share—:.
ASSETS—Cash
notes
1948
other
share.
common
for
all
corresponding period of 1947—V. 168, p. 151.
207,829
—
taxes &
outstanding-^—
44,160
-
1,822.736
19,559
470.639
Ended June 30—
after
470,283
Excess
<
168, p. 942.
shares
Earnings
3,129
LIABILITIES—314%
of
;
officer
—
789,085
450,846
,
income
V
$43,760;
2,533,377
the
865,514
206,850
380,024
shares
vestment
'
1947
——
on
31
$1,525,387
hand-
!
__—
in
not
on
market—
or
JULY
1948
deposits in banks and cash
,245,444
contingencies
l" $948,424
266,044
shares.
share--,——
per
16,494
$966,692
COMPARATIVE
$8,046,870
note
—___
income
prepaid
.
"
128,931
.
Penn.
-
common
197,827
5,^21
Prov.
Net
in
of
'
(est.)'
Earnings
dates
from
ry.
Net
■
at
•
Other deductions
.
5,424
income
892,575
329,334
154,856
$1,615,
note, *
.
on
—_
Capital
as
3 V4 %
of
& prem.
/exp,
of
excess
of
purchase price of
capital stocks of Brooks. Brothers over equity
net assets
1,236,895
53,202,060
♦Deficit.—V.
Cr32,000
—i—i,-.
Amortization
Net
224.130
depl. & amortiz.
property taxes
retirement
2,000
1,771
_4—
_
interest.
Federal
49,238.
.
$1,356,203
&
Amort,
'r
84,191
trust
of
'
119,082
89,170
^
depreciation;—
Interest
Depr.,
18,509,859, : 10,928,742
exps.
>
1945
$5,957,571
,004,419
railway—_
railway
various
——
1946
,617,966
Hajoca Corp.—Earnings—
Total
V
$20,433,206 $18,767,375
;
of goods sold,
Provision fcr
from
2,015,564
income—
from
Net
'
Corp.
Cost
profit
sources
$20,269,808 $18,552,775
:
ry. - oper.
$6,103,330
1,576.133
railway—^-,
From Jan. 1—
exps.
$1,306,966,
operations
Net
>
$33,928,089 $28,544,516
1947
$7,120,811
railway
from
Net
1947
$21,865,263 $20,135,298
—
departments,, etc.—-.
and
room
——:
_
194&
from
Net
"
Total
RR.—Earnings-
August—
Gross
of
$2,718,819
capital.
ACCOUNT,' YEARS
first, deed
a
to
at
earned
»
income
California
Net
$34,567
;
9.350
taxes (est
franchise
-
tax
profit
1,350
(est.).
$23,866
share--:
—
$1,743
600.000
1
outstanding—
common
$1,025
Cr718
-credit-—.
600,000
$0.04
a
THE
(1362)
CONSOLIDATED BALANCE SHEET,
ASSETS—Cash
receivable
(less
hand
on
rin
and
APRIL 30, 1948
trade
$152,392;
deposit,
tle
%
)
LIABILITIES—Notes
of
salaries
long-term
and
payable
debt,
accrued,
$100,000;
unsecured,
bank,
io
$30,000;
trade
payable,
accounts
CHRONICLE
Monday, October 4, 1948
Suit
,
'
.
Samuel-I.
,
./
road
current
diverted^ "more than $6,000,000
57/
the
$109,016;
adjustment
income
In
of
his
report,
settlement
Mr.
fair
is
">■/;.,'/y
concerned."
parties
The
stipulation, in
payable to holders' of
acquiring various-' securities, /'•
in
bonds."
said: "In my
and
is
Lt.
;
the
to
best
.<! / /•/'
.•
that H.
& M.
—V.
167,
Hayes Manufacturing
'•
.
1/
from
rev.
Operating
(&
holders of
to
sales.
1948
costs
1947
$6,710,815
_
*
y.
12 Months
'
■'1946
/
5,167,118
544,467
4,823,378' *
2687.
p.
U.
after
S.
:
'
.
■.••///•T/ n.:.
The
have
21,627,221
Canadian
ihcbme taxe's__-_>''
Operating profit
inepme
Z
$1,543,697
$1,154,700
*$117,685
$5,798,154
65,788
____
25,455
29,847
134,489
Gross profit from oper.
$1,609,486
Income charges
Depreciation
Interest
*$87,838
$1,180,155
3,271
108,748
228
7.070
628,688
451,864
;
of
$5,932,643
2,237
59,466
several
association
160,988
former
York
New
investment, banker .and
International
•'
The
Pa.,
.
for Fed.
Net
inc.
profit
Earnings
tion
of
1,979,651
-
*$130,107
$2,702,482
'
tS0.58
-
Nil
J,'/,;.
§$2.55
.
from
revenue
operations after provision for renegotia|On
1,059.853 common shares outstanding.
1,060,000 shares outstanding.—V.
on
56,120
———
$610,236
§$0.87
contracts.
war
SJBased
$917,832
______
tTotal
of
'
sh'are____
per
♦Loss.
taxes
■■"///
1G7, p. 2578.
,
reinstate
a
Hughes Tool Co., in supervising the widely diversified Hughes oper•
ations, which include Trans World Airline (TWA) and Hugfies Aircraft
and which have recently been further expanded by the acqu.sition
of control of Ratiio-Xeith-Orpheum Corp.
~ /;!/Y;'"Y' --i..V • 7.//;';■/■':
Mr. Smith was formerly a partner of J. H. Whitney and Co., New
York, a private investment firm, and was previously for 14 years ';;
a
partner of Glore, Forgan & Co., investment bankers of New York
and
Chicago,
Co.
'
and
v.
V Henderson
SEC— ;
The
for
:..
&
company
$110,000
Ervin,
Charlottesville,
Va.—Files
Sept.
on
first
Va.
letter of
a
bonds.
notification
with
The
the SEC
for
Underwriter, C. F. Cassell & Co.,
Proceeds
Heyden Chemical Co.
will
used
be
retire
to
bank
Net
1948
'
profit
______
shares
♦Earnings
per
2,039,701
_.
outstanding
._./
"After provision for dividends
NOTE—The
.
above
Plastics Corp.,
in
,1,387,502
1,181,896
80.000
$1.03
$1.43
$1.58
outstanding
on
includes
1948
the
for
first
time
the
will
be
net, of class B
priated to the
L.
accepted
shares
for
sale
sufficient
the
to
exhaust
to
$8
per
amount
an
$o00.000
to
be
the
B
Dividend
after
deducting
'/:-•%
.Tenders
must
Avenue Bank,
Mr.
Auer,,
-
1948,
or
be
New
York,
on
heretofore
by
the
expended
Bank
of
New
in
as
practicable.—V.
168,
,
taxes
(A.)
Hollander &
Profit
and
Net
income
Capital
local
„
—V.
that
appointed
$30
$477,506
$563,981
$603,189
52,010
196;300
243,600
260,000
$281,206
$320,381
$343,189
248.483
223.107
209.700
$0.40
$1.13
$1.44
$1.64
of
Bank
of
agent
of
V. 168, p.
See
the
the
The
10
it
fire
from
and
the
2,855,543
Mr.
City
5%
tax
for
Aug.
Earnings
of
income"
in
company
Smith
the first six
over
Total
informed
of
sale,
New
York
vpumulative
•
has
been
preferred
\
-
Harold
V.
dated
tolal
by
of
with
stockholders.
Home
the
•
of
by
Home
assets
Smith,
President
1
Reserve
prior
until
of
premium
Net
,
income,
showed
year
30,
substantial
a
Net
writings and
after income
Insurance
after
that
Co.
on
not
increased
to
$122,593,453
White
from
Net
Other
July 31
from
rev.
revenue
June
..
4..
4,123
...
•
"
$98,208
Operating
"
income
Deductions
Income
t
•
-
Net
♦Incl.
taxes
(est.)
$102,831
7
with
accruals
168,
the
$16,004
."
$20,205
•'•
would in¬
adjustment
$21
$4,019
Co.—Earnings1943
1947
$788,094
$700,434
240,000
240,000
$3.28
.
depreciation
and
estimated
Feb.
trust
and
1,-1949
certificates,
will
to
Issue—£
received
is
inviting
bids
Aug.
1,
series
for
Y.
the
sale
of
received
t$15
&
$3,000,000
par)
by
•
of
New
York,
$5,000,000
Co.,
will
of
Net
filed
will
used
be
of
of
61.2%
towards
/;-
'
EIGHT
Federal
and
less
the
take
1978,
5,991,551
5,182,495-
158,292
1,134,852
1,070,583
37,978
239,614
263,930
$172,425
$1,274,682
the
109.866
under
than
stock,
$15.
com¬
Sioux City
purchase its
will
unsubscribed
construction
shares.
program—
.J ./; ■-, //'■/•
„
(&
Subs.)—Earnings
ENDED
AUG.
31,
1943
taxes___'_-.-_L__'_^_______.__
income taxes
/___
$321,381
State
35,100
profit
$236,281
stock
per
annual
dividend
-.A
requirements
share______
common
!
81,951
___!
$0.58
1948
earnings
JEarnings
672.645
with
and
offered
all
company's
MONTHS
income
be
for subscription by common
of a new share for
Sulphur Co., Inc.
FOR
before
Preferred
830,866
at
a.m.
one-sixth
no
of
and
:V|/
Lake
Earnings
1948—8 Mos.—1947
11:30
statement
due
will
offered
rate
will- be
stock
new
bonds,
Bonds
at
stock
owner
registration
a
mortgage
4
of
the
be
•*
p.. 1043..
Provision, for
$8,640,699
first
company
to
V
stock.
Nov.
Price
Electric
earnings
*Net
the
up
Co.^—Registers With SEC—
24
first
The stock
record
Jefferson
The
St.,
/
common
held.
,
Net
be
13.
oh "Sept.*
company
V.. 168,
168,
wil
Broad
>'
Proceeds
Financing—
expenditures.-
Bids
11
provide
on
1957.—V.
\ -
.
1978.
October
rata-share
pro
4
$180,000
mature
taxes.
of the proposed financing is to
retire $2,400,000 of
$1,300,000
for
new * construction
or
property
$1,300,000 to be deposited with the corporate trustees
withdrawal
against
future property
additions.^—V.
168,
pp.
share
Gas
/.n
Oct.
$2.91
Federal
and
stockholders
1947
$99,968
per
share
348,500
on
t$78,594
$0.17
Nil
shares...
com.
$1,122,529
170,218
^
-
/-
39,268
*Aftcr
adjustment
of
carbon
black
inventory
to
market
value,
previously capitalized prospects, including Manhattan,
Nevada,
properties,
and research
work.
tDeficit.
tAfter
provision
for the regular semi-annual dividend of
35 cents per share on 117,172 '/a
preferred shares.—V. 168, p. 943. .-//•• •••-'• :
$7,639,543
charge-off
of
{}■
$198,859
.2,709
2,242 Y y
.
14,402
r
: -
.
v
$1,289,084
Jewel Tea Co., Inc.—Current Sales Increased
24%—
11,165
$201,568
-
$174,667
1,769
$1,133,694
1,670 .>./
46,828
.■
47,532
$152,971
.
p.
12,450
370,666
$125,465
69.34
Retail
386,531
oper.
revenues
Ry.
oper.
expenses.^...
fr.
tax
>
RR—Earnings—
$2,083,650
ry.
>
:
-
.
••'/1948—8
,
1,396,576
12,673,196
11,250,021
$332,682/ $2,678,454
$2,438,924"
69,494
740,168
87,327
/1,863,238
$175,861
Y'S75,048
$601,425
-.} 518,318
/
income
3,962
.
-
-4,649
•
$270,177
j
Misc. 'deduct^.-- from inc.
fixed
$180,710
3,308
charges--^.
45,779
$303,321
Y
;s.36,89i;
^
$110,939
'
2,332
:
511,558 J
_
$221,090
.
*Deficit.—V.. 168,
p.
$136,961
$13,566
$27,659
from
the
Boston,
;
ijh
Dearborn,
Ford
Mich.,
Foundation
approximately
and
22 .acres
*$2657466
903
from
decision
-/ -/vr-
second
the
approving insurance company investments in
' 7./--'-'
/-.'/// ///,/'-\ ':/>'> /■./. .,-'/-• <
Mass.
venture
'/
///
;•>■%
•.
housing
lis
an
developments will be operated by the Hancock com¬
investment of Its policyholders' funds—V. 167, p. 1471.
Johns-Manville Corp. (& Subs.)—Eainings-—,
;
331,552
/.
Period End. June 30—
Nef: sales-,-
,'. *$6,802;
—-
1948—3 Mos—1947. V
and
expenses
___2—
depletion..
Res.
-
for
16,086,718 / 12,586.766/
1,225,958 /
•
/
31,577,739
24 886,812
2,445,342
833,773
1 692,613
contingencies-
;500,000
*Taxe3. :___:_'_L_i_—/ 2,823.247
2,423,091 -> 5.076,980
The
1
$33,613,580 $77,458,919 $63 401,038
"
•">'/
'
'
7 '. '
/; :; ' )
16,496.735
14,831.30532,250,945 / 27 356,294
salaries.—
Deprec. J,nd
Co.—Redemption; Funds—
..''/'/
•
1948—6 Mos.- -1947
-
$39,935,519
—
Raw-mater.,4other costs
1146.
Indiana Ice & Fuel
the
Build
V
purchased
Wages, and
$81,517
Co.—To
j
'/' /■-•! 7:;
27,237
:
'
$1,798
is
Both
pany
'
income
Insurance
$351,987
24,233 f /
41,417; ';// 352,172
Y
..This
of
>
42,666
*
Net
•
in the housing field'for the life insurance
company, which has an 800-home gafden-village development—Hancock
Village—ncaring completion in the Brookline-West Roxbury section
'1,283,153
$266,215
-
Court
housing, projects;
846,450
164,742
income^—i
Total
20,618
/ > /
Life
t
84,471,672
Motor
Supreme
,
102,053
property
'r
'
102,602,408
Co., on which it will construct a 500-home rental housing
project. • //'':•/:./
V////•/ ."///'/)/>.•////.
' Sale of the property was made possible by a September
Michigan
$1,729,258 $15,353,650 $13,688,945
$533,010
income-
oper.
Mutual
S
9,270,277
J,-'../"//;:•'
■
'
Hancock
acres.of
Ford
Mos—1947
1,550,640
oper.
accruals___
ry.
Other
11,494,134
1043.
p.
The-company has
1948—Month—1947
>
Ry.
rev.
36 Weeks Ended—
$
New Housing Project—
Period End. Aug. 31—
Net
sales
168,
John
1255.
Indiana Harbor Belt
•
$
'■
■
$749,357
//
67.84
:'-"/:
64.59
■
—V.
$905,968
51,405
.1;. <?
370,457
425.283
67.05
54.831
—4 Weeks Ended—
Sept. 11,'48 Sept. 6,'47 Sept. 11,'48 Sept. 6,'47
13,880
:
$580,808
<
Salt
due
petitive bidding.
1043.
p.
financing was
Co.
The company, it is said, is
planning
stock issue.—V. 166, p. 372.
ratio\,
depreciation.,
8,351. ;
~
2,080,297
Bank,
time,
covering
shares
1947
■
$491,834
2,222
•
revenue
-
4.118,160
purpose
The
$1,041,340
Equip, and jt. fac. rents
2,373,3191
$520,116
80,403
11,590
:
token
74,946
>,
:
•
$102,540
...
*
'
such
$652,000.—V.
1948—Month—1947
Included
—
-
28,282
.
2,368,010
187,548
1146.
SEC
liability
$1,239,211
income
Total
Total
by
its tax
1948—7 Mos.- -1947
4,622
1,372,899
Iowa Public Service
RR.—Earnings—
—V. 168,
last,
T
2,222,071
>229,872
*
Six Months Ended June 30—
charges
Net
:/..
a
income
Net
with
30,
$64,539,028.
323,312
$98,413
_
income
943,
Security, State,
in accordance
are
1, "1947,
plant
deductions
$395,865
297,452
53,184
'
Misc.
reported
as
Ltd.—Earnings—
1948—Month—1947
transp.
expenses
&
income.
oper.
Fixed
Ry.
Honolulu Rapid Transit
Co.,
♦Gross
from
.
consoli¬
compared
31Y1947,
hand
on
was
These
Dec.
on
Cash
merger.
which
premiums on June 30 stood at $140,029,197,
$91,473,696.
Capital on June 30 was$19,899,926,
compared
with
$15,000,000
six
months
earlier
while
surplus
was
$77,919,933, contrasted with $51,682,088 resulting fn surplus as
regards
policyholders of $97,819,859 versus $66,682,0S'8.—V.
168, p. 251.
Operating
Social
materially exceeded
equipment
Aug.
previous
G.
Total income
date.
3,160,276
chgs.
increase
with
Period End.
1947
adjustment made of
financing through
ry.
Other
1948, were $284,378,186, exclusive
$193,896,658
the
to
in
for. unearned
compared
tlncludes
::V/:,''
,
Period End. Aug. 31—
Railway oper. revenues.
♦Railway oper. exps..___
of
to
$31,574,698, contrasted with $26,330,164 at the end of
Holdings of U. S. Government bonds rose to
$104,334,732 at
mid-year from $59,492,298 on Dec. 31, 1947.
Investments in other
stocks
refunds,
$3,240,000
Illinois Terminal
1947.
and
$2.20
reported, has completed negotiations for the
$1,500,000 25-year 33'\r/r
bonds, the proceeds to be
of
J.
$J,012,069
1,902,873
depletion,
bonds,
Joans,
pending
11,902.351
$3.65
is
it
capitalize
handled
stock,
1948—8 Mos.—1947
$9;,169,618
308,385
942.
p.
York
bank
•••«*'..''"*
*
»
amounted
bonds
per
National
The
V; 5.849,958
§88.978
"balance"
dated
Feb.
company,
to
America—Earnings
outstandings
share.
company
Chase
3,947,607
7,019,914
here shown
the
,''/./■■ )//
■'
privately,
used
1947, he continued.
June
on
Georgia Home
The
admitted
The
assets
The
world
the
of
months of
admitted
assets
§7,108,892
Nil
in
as
and
are
and
1
p.'434.
167,
86,908
interest,
167,
mortgage
1,988,331
11,333,324
tax
bonds
Interstate Power Co.^-r-Invites Bids—
5,935,938
$1.46
accrua.s
purchase
further
Vvy.-
realized,
taxes, during the first half
of
11,333,324
2,924,964
Inclusion
847,
The
merger into this company earlier this
insurance companies previously affili¬
marine
being
are
insurance
assets,
3,131,556
_
The.)
Home, stated in a special report to stockholders
Railway tax/accruals—
outlining the financial
Net
condition of the merged
rents
payable.—
company as of June. 30, 1948.
The amalgamation has made The Home
by far the largest fire and 7
marine
—V.
taxes,
certificates
each
p.
1255.
■;*>•!
anticipated
the
with
10,290,448
504,114
the
be charged
International holds
mortgages
*
RESULTS
transfer
Benefits
ated
the
for
Home Insurance Co., New York—Benefits from
Merger
year
Dr619,893
1829,210
financial
claim
should
1948—Month—1947
22,371
shares
"After
6,555,831
101,098
Illinois Cities Water Co.—Private
•••':'v/*•?■!
'•
10,189,350
Dr63,845
Illinois Central RR.—Bids for Equipment
The company has issrifcd invitations
for bids to be
/
in
undergoing
and
$1,049,057
fxd.
168, p. 848.
each
248.483
National
value.
par
its
"net
crease
Holly Sugar Corp.—Transfer Agent—
Chase
+765.365
22,468
share.
per
year.
for
Earnings
15,351,428
except amounts charged construction1./.-''4Deficit.
SOn the basis of information received in
April, 1948, the company con¬
167, p. 2686.
The
3,302.528
...
other
accounts.
$151,550
per
140,964,857
969,453
to
$996,899
income___
3,311,610*02.522,000
17,736,149
169,421
and
siders
1945
shrs., outstdg..
share
Earns,
..
__
income
is
Italy,
'
*Reflects provision
1,
1946
profit
166,531,277
3,994,522
Balance
to
1947
^
35,853,470
3.824.996
Court
oper._
ry.
avail,
Capital
160,350,116
___
New York Trust Co., .New
York, N. Y., corporate trustee under
4.275,450
indenture; dated as of March 1,1927, covering the first mortgage
6Va%
gold bonds; series A, due March 1, 1947,'has on deposit with /
Net
earnings
L.
$3,300,861
$2,938,645
$5,607,913 ; $5,189,869
it
in its said capacity,
the sum of $15,637 to pay the redemption 7' Preferitd dividends'
T
L.
-r64.38S
V 65,259
128,830- •'/ * 130,616
price, consisting of principal, premium. ari"d interest/accrued to
SepC-V Common dividends
-/', 1,017,069
,.712,850
2,034,103
74,421,215
1, ,1942, of $").5,000 principal amount of said
bonds, heretofore called
for redemption on Sept. l, 1942. -- In accordance-.'with the terms of"
Surplus
$2,2.19 404 '-.. $2,160,536 ;\$3,444-980
$3,638,038
said Indenture, after Nov.
1, 1948, said moneys will be returned toy
the
;
_
Houdaille-Hershey Corp
(&
6 Months Ended June 30—
♦Net profit
TEarnings
per
common
Subs.)—Earnings—
*
_
_.
.
/
ig48
.
1947
$606,254
share
after
pfd.
$1,746,579
$0.50
divs.__
$1.95
PAfter provision for
depreciation, bad debts, Federal taxes and charges
applicable to minority interests.
tBased on 785,000 shares of common
stock outstanding.—V.' 167.
p.
2686.
;
Indiana
and
Ice
&
Fuel
Co.
the-appurtenant
look .only
to
the
said
and
thereafter
coupons, due
company
for
Sept.
the
shares oulstand./
of! said; bonds "> Earnings per com.'share
will be entitled to
thereofV. 156, p. 514.
*
*Incl. Fed & Can. inholders
*•
...
(Harvey) Hubbell, Inc.
6 Months Ended June
♦Net
(& Subs.)—Earnings—
30—
provision
;
The
for
Federal
income
taxes.—V.
320,000
160,000
$1.68
■
$582,400
$3.64
168,
p.
943.
.
.
•
./
•«
»•
'
;•
'
:
(John) Inglis Co., Ltd., Toronto, Canada—Listed—
'
1947
$539,500
Capital shares outstanding
Earnings per common share-:
♦After
:
1948;
income
on
common
the
Stock
from
per
all
of
of
The
share
the
English
of
Stock
Exchange.
$6
quireil
value,
stock
Montreal
no
par
value
Exchange.
par
value
It
of
has
is
the
just
also
Co.
of
Canada,
recently
listed
stock
in January.
In February,
publicly held class A and
Electric
Com.
-2,905,810
-.
'/$1.12
•
on
had
class-' B
Ltd.;
a
been; listed
the
been
194&/the
••
/.
subsidiary,
;
7
changed
no
oil
•-
ac-vj.
taxes
come
;
—V.
Toronto
company
>stock,
-•*
168,
V
,
P.
,.
■
•••'
•.
The
stockholders
common/stock
they,;-
stockholders
the
2,905,810
/
...
..
..
record
a
.
$1.78'
-,
..
r $1,780,809 / $3,794,472
)
;vr-.- v
-
•.'
Oct.
on
of
2,844,361
$1.89
•
-
.
*.
5%.
Oct.
,
consider
shares 'to
increasing
2,000,000
on
the
shares
Nov/* 15
1948.v Fractions ;will
be
\
i
"•
Distribution, Etc.—
stock' dividend
25,
$3; 176,114 »-'
;
.
will
5
from -1,848,000
payment
of
,
$1.01
$2,105,489
346.
•• •
for
!
>-
Johnson & Johnson—Stock
par
2,844,361 '
-
•
1,-1942,
payment
-
Philadelphia,
District
bondholders
Milan,
properties.—V.
revenues:
from
additions
Fifth
Co.'s
which
its
oi
of
$18,000,000
Edison
International
197,768,386
(net(____
Appeals, at
Federal
Six Months Ended June 30—
*Net profit
41,934,977
deductions
Dividends
anticipation
1948
inc. taxes
rev.
i
37,991,627
income....
Ediscn
against
Net
work¬
general
1948—12 Mos.—1947
1,374,000*0*1,091,000
coiporation,
committee
a
SocicU
Inc.
per
51,741,668
-
income
Interest
Net
.
Son, Inc.—Earnings—
charges_i_"
for Fed.
for
$2
at
oper.
—V.
4,630,163
income
-Total
stock)
$99,540
after
Prov.
offered
used
by
Italian
Net
the SEC
appro¬
(Including Wholly Owned Subsidiaries)
n
be
be
this
Period End. Aug. 31—
^
income..
on
oper.
Other
for that
6 Mos. End. June 30—
will
to
of
Jersey
International Rys. of Central
New
345.
p.
5cl,
;
'
Mo.—
Ry.
with
V-
,
.
of
and
value
the
on
the Vendo
City,
face
The
1948.
Joseph
approximately
York
(par
Proceeds
notification
of
1948—3 Mos.—1947
expenses
V
share
before noon,. OH. 25, 1946, according
shares tendered will be mailed on Nov.
of
Kansas
v'
'
tOther taxes
or
thereafter
soon
of
1051.
p.
revenues
Net
received
Aceptances
as
amounts
•/'
Net
and
Redemption Fund (for
of
earnings for the fiscal year ended Sept. 30,
Auer, President, estimates the appropriation to be
thereof.
all
at
American
at
company,
letter
a
stock
common
166,
Operating
(R.) Hoe & Co., Inc.—Offers to Purchase B Shares—
out
"
1145.
p.
of
underwriting.
capital.—V.
Fed.
preferred stocks.
wholly-owned subsidiary.—V. 168,
shares
without
Operating
j
•Tenders
Co.,
on
trustees
owned
Court
New
.$7.91
-"!-
restraining National City Bank- of New York
$1,250,000 in bonds of this corporation, pending
ownership.
.'!■*■:
t
of
reorganization,
are
the
1,432,407
•
.
injunction
an
decision
The
Circuit
ordered
23
disposing
final
./•../—: //'•'" Y77'7Y/-YY;:7/7:7
Sept. 23 filed
on
Period End. June 30—
1,845,975
1,191,573
.
1,191,573
share
common
Spencer Chemical Co.,
Gas
.
Illinois Bell Telephone Co.—Earnings—
1946
$11,348,583 $10,484,309
•
Common
,:i
1947
$13,212,964
company
share
loans.
(& Subs.)—Earnings—
6 Months Ended June 30—
sales
.
With
ing
Net
the
Natural
from
Ice-Flo Corp., New York—Files With SEC—
24 filed
mortgage
Inc.,- Charlottesville,
director of
a
168, p. 743.
Y-.-V';.
.
He is
Sunflower
ihe
•
Corp.—Injunction Re¬
V"
* '
,
'
Sept.
Co.,
Prov.
Securities
Thirdl'' United States
on
2,506,712.
• $5.52'
.
'/'/;''////-
Power
director/ instated—
companies, has been elected a Vice-President.
Hughes, President, said that Mr. §mith would work in close
with himself and Noah
Dietrich, Executive- Vice-President
.Howard
1,033,402
42,269
Smith,
1947
$18,699,261
7,371,200
$13,836,161.$11,328,061
subject
Hughes Tool Co.—Investment Banker Elected Official
Malcolm
;/''<•'
b',860,80()
•
on
agreed,
,
Other
-i948
-
$22,696,961
settlement
proposed
action
7^'
/i
charges.-^
Federal and
\
/
consulting, management
engineer
of
Neck, L. I., has been elected a director.
Six Months Ended June 30—
•
Prolit
(
Wilson,
Great
the adjustment income bonds. ,'
/'-,;/v.//Y
•Net profit
also stipulated that "the parties to this
'
to the approval of the Court,-to settle d Capital shares outstanding
Earnings per share___.___
and compromise said action."—V. 168, p. 1043.
jy /
—v.. 168, p. 449.
■//"■•arrearages of Interest
/
1948
$5,978,078 " t$426,782 $27,425,375
■
P.
and
:-i /International. Biisiness'Mach
f
and, is to be credited to the company on account of : accumulated
direct
J.
City,
Y/', Y-v /YYY
■
pay
it? adjustment income bonds a sum equal to 1^7,, of the: principal of
bonds', of which
is held to be available' out of the surplus
income for 1947.
The remaining 114% is to be paid as the court may
Subs.)—Earnings—
—3 Months—-
iPeriod End. June 30—
;
Total
Corp.
"•
-■
A.
York
the
;
Col.
New
the stipulation)
interests of all
opinion,
Y'/'Y
:
/
-
part, "provides
Institutional Shares, Ltd.—New Director—
,
own
Hartman
and" adequate
'
properly
bonds,
including large amounts of its
$5,721;
payroll taxes withheld from em¬
ployees, $8,361; state and local taxes payable, $7,299; customers' de¬
posits, $18.203/_ accrued taxes on income
(est,), $10,700; long-term
debt, $117,833; capital stock ($1 par), $600,000; capital surplus, $93,245;
earned surplus, $426,910;
total, $1,527,287.—V. 167, p. 1694.
t .
•
•
wages
FINANCIAL
following basis: For each class A share, two shares of John Inglis Co.,
Ltd. stock, plus $3 in cash;
and fori each class B share, one-half
/
V
7/yYY\Y:.
.V/ ."
share of Inglis stock.
The/remaining- unexchanged Englisn Electric <
Hartman, who" was appointed referee by Supreme Court!/ Co.
stock—6,(736:.;shares of-..class A,/arid 26,142 shares of class B,
Justice Samuel I. Null to hear and report on a proposed settlement
is all owned, by John
Inglis-Co., Ltd.*/The 35,160 shares of class A I
of
a
bondholder's suit for & receivership of - the company,. filed his
and 23,858 shares of class
B which were held
by shareholders others
report Sept. 15 with the court, approving the settlement.
■
'V
than Inglis Co., Ltd. and its
nominees, were cancelled.—V. 156, p. 255. <
The suit was brought by Dennis A. Callahan, who charged that the
accounts
$29,576), $267,108; refundable Federal taxes
oil
income' (est.),
$8,422;
inventories, at lower of cost or market,
$318,323;
prepaid
insurance
and
taxes,
$19,461;
investments and
other assets, $10,506; property, plant and equipment (less reserves for ;*•
depreciation of $337,680i, $632,244; goodwill, $1; deferred charges, "
$118,830; total, $1,527,287.
Vv :
'
"
.portion
&
Hudson & Manhattan RR.—Referee Backs Pl£n to Set¬
of
reserve
COMMERCIAL
/
V
j
authorized
to
to.
provide 7
common';
paid-in
v
cash
Volutne
"
168
Number 4739
THE
COMMERCIAL &
FINANCIAL
CHRONICLE
(1363)
7
*
the
on
"basis
the
which
stock
Members
sord
of
certificates
market
pnice\< (to
prior' to tl)e« close
the
in
last
the
of
notify
must
dollar) at
Oct, 25, 1948,
on
desiring
-Exchange
denominations,,
proper
nearest
the
of business
Stock
York
New
J.
to
■
&
'
■
Net
L_—
profit
Provis.on
in
Rotterdam,
mobiles
in
Europe
Vice-President
'•
begun
in
-the
of
K-P's
from
and
is
it
Willow
Run
Corp..
plant on
expected
1 :
will
plant
,
to
Hickman
Price,
and
will
assemble
down
them
cars
for
sale
will
plant
have
initial
an
capacity
of
24
Dr.
f.
H.
L.
Diermen
with
J.
J.
rectors.
»
ha>
M.
the
Dutch
Corp.
"
machinery
Corp.
in
company
the
board
Delegate
as
of
directors. ,J.
Director
eis Managing
Hagen
Export
Export
of
appointed
,
Kaiser-Frazer
,f in
der
K-F
•
Chairman
been
van
the
represent
is
Woltersom
Van
-of
will' hold
which
it
•
See
LowenStein
Title
the
plant,
new
Mr.
Price
said.—V,
168,
Sales
Net
certain
Gross
Net
.
from
from
Net -ry.
1948
1947
$511,558
$397,520
.
railways
railway—
income...
266,789
$313,446 "
115,753
Net
from'
190,968
58,820
52,702
3,745,024
from
'3,294,180
2,461,404
Net
ry.
—V.
/_
income...
oper.
168, p. 943.
1,538,883
1,005,366
664,895
701,375
450,256
June
,
Gross
June 15/46
sales
Profit
before
for
Prov.
■1
$40,374,291
Fed.,
income
Prov.
taxes.._;
/_
and
State
taxes
for
'
3,048,156
foreign
./—*-*'"'•<
5,869,543
2,435.509;
\
Net
Prov.
profit
for
ferred
stock
.Profit
V
—$4,572,342
dividend
series
on
after
per
'.
503,370
$1.52
$0.65
_—
■
■.
i
7
$1,166,715
400,000
338,810
ind cates
and
textile and
its
of
scope
•/Net
dress¬
—V.
of
.'I
record
E,
to
J.
.shares
new
'•
1948. '
Octal,
Sommer
succeted
R.
"jftnd Theodore
,
;
been
has
J.
C.
issued
Baer
Oct.-
Vr'.'i/i,-';
elected
Kavahagh,
1147..
p.
be
.
a''•'''•
'
V-
15.'1948
term
6 Months Ended June 30—
Net
for
for
)
admin,
Operat'ng
Other
1
gen.
Total
profit
(neti/__
Profit; before
Portion
of
costs
Reserve
.for
Reserve
for
11,525
136,825
*-V.
•1.512
"■Operating
483
$32,016
$544,286
$225,039
Net
257,488
;
$506,079
•
'
'
$305,966
$26,167
:V-,.
9.19,721
8241939
,181,630
158,754
Kryptar
252. '
\ ;
•
>.
$1,113,590
_
-Earnings—
$8,612,Oil
620,189
370.823t
225,838.':
depreciation../
Federal
698,008
,incomei/^___
#991; 012
$1,699,916
84,724
.130,314
21,333
•
U
$401,843
486,594
share
common
Gas
$15,017
:
Prov.
on
187,1.35
15,125
280,125
$0.92
owned
$2.12
subsidiaries,
$2.47.
>
subsidiaries'
after
2031.
,/!
Co.—Obtains
$50,000,000
in
>
.
Bank
_
and
funds will
new
,
V
(4
,
.
for
Crl39
3,544
$486,053
'' 7 $37,476
$778,006
;
and
78.557
Net
-V.
$1,012,644
.'I
$93,574
6
Trustee Ap-
National Bank
1230
Avenue
for
the
of
30
was
appointed
receiver
custodian
as
•
1947,
the
31,
50
following
cents;
1947/:
•
$1,225,189
before
Federal
Net
72,236
income
1947
1946
1945
$211,760
$188,766
operating
7
195,459
178,680
$25;923
$33,080
$16,472
913
•'.!
•
1,139
876
$34,219
$17,348
912
/
$20,153
$26,835
7,290
172,294
:4 13,932
;
$20,287
41,657
'I. //5
'.'•'
.
"*•'
'
-d
".
"
■.
.
r'
.///'/;/
V,/i
Excess profs,
'-•"
9,287
/
$8,061
36,781
36,252
$61,202
.7,718
pi;ujgi..o»u,v /-v
V,-J '
•
f
■;
>
.
»»
.
t
r
-
.'"v,.--!
'•
aV
.
$57,068
Surplus
.
t
7,813
/Includes
Trust
1
■•
-
Co.;
Deposit
■
.
/•
.
Cr63
77,635
78,135
78,135
$0.26
$0.25
$0.26
$0.10
depreciation
of $2,1,15
420" inU945/V'?.i.-- »->*
in
INCOME
75
cents;
30| 75 cents.
V,
ACCOUNT
;
1948
taxes
1947
$833,123"
'_:
$504,654
331,806
202,786
$501,316
' $301,863
249,580
374,370
3,273
for
period
;
$251,736
outstanding—
"$75,775
249,580
share
249,580
.
$2.01
$1.2Q
'
,
SHEET,
JUNE
30,
1948
)
"
$566,401; U. S. defense bonds (series F" and G)—
$89,850; U. S. certificate of indebtedness and U. S.
Treasury
bills—at' cost,
$523,789; trade accounts
(less
reserve
of
$17,079);
$226,876; inventories—riot in excess of lower of cost or market
value/
$274,524; miscellaneous accounts and deposits, $19,648; land,
Gost,
plant,
"buildings arid equipment (less depreciation and depletion of
$2,122,898),
$1,473,256; prepaid insurance, taxes and miscellaneous
expense, $21,206;:
LIABILITIES—Accounts
payable, $108,751; accrued taxes, $31,094;:
taxes
on
income
(est.), $589,739; common stock (par valuo
share), $1,247,900; capital surplus, $118,386; earned
surplus,
$1,099,680; total, $3,195,550—V. 163, p. 1430.
Federal
per
.
Longines-Wittnauer Watch
M.
Fred.
Cartoun,
Chairman
and
advertised
brand
able
to
report
for
the
first
sales'
1948,
$1,789
-
•
•
in .1947,
-
"
-
$2,045
in
period
JUNE
30,
1948
>
the
that
have
of
declared
the
annual
.
in
.
.
the
their
continue
the
watch
stock¬
.
.
industry
importance.
The
at
present
30, are-somewhat greater
preceding fiscal year."
the
directors
at
exist
resumed
sales
half
Board,
said:
again
,
Continue High
a
high level. Indi¬
fiscal year, April 1
than
for
sales
the
same
-
.
.
the
regular quarterly dividend of 15,
per share on the common stock, payable Oct. 15 to holders, of
record Oct. 1.
The usual quarterly dividend of 30 cents per share on
cents
to
.
Sept.
of
The
Co.—Sales
have
names
cated
•
of
meeting held on Sept. 21,
competitive conditions
"Normal
the
SHEET,
* 15,
ASSETS—Cash,
at
/
77,295
sharel/_if
Sept.
(est.)
per 'common
7*868
•
CrJ~446
:
and
!____"
shares
$44,314
7,754
.
1,928
tax refund
-Eafiiings per
&
Farmers
made:' Jan.
were
$1;
dividends
holders'
'
:
Bank
30—
income
Common
•
_
res.
for
repl.
prior years' taxes
and
National
Preferred dividends
$5
$19,545
Adj./of
"
;
'
$64,819
'/
surplus ■■'/i
Dividends paid
Fort
total, $3,195,550.
$28,189 /
8,036 .:
V"
30,
June
taxes
profit
Common
287,554
$221,381
210,611
•
/•
Na¬
of
3,933
$1,500,617
Ended
Federal
828,676
6,513
Months
Profit
368,078
42,738
925,608
441,695
payments
June
COMPARATIVE
Six
$2,785,665
291,063
'/
In
>/
BALANCE
$27,277
of
First
Bank
.
Darnings
30—
Mellon
.,
1,416,704
$3,208,233
—
Profit from operations
Other income
Total
Bank,
National
company on Sept. 30 paid a dividend of $1
per share on the
common
stock
to
holders of record
Sept. 25.
This
compares
with
50
Cents
each
paid oil March 12 and June 15, this
year,
and $1
on
Jan. 2.
»,
1,368,961
-
and: general' expenses^
4
National
Tru^t Co., and/the
Pittsburgh.—V. 168, p. 944.
of
$25,625,427
of
.
Worth
The
March
1,741,653
/
$237,887
^Cost of sales,
Americas, New York,
first mortgage and
$488,200
.rr
Forth
are
Worth, and Continental
Longhorn Portland Cement Co.—>$1 Distribution—
r,
1947
1,466,580
7.-.
;
'Sales
;
trustee
Mos. End. June
•
banks (are the
First, National Hank &
-Peoples
$313,257
JUNE
.
$33,256,902
•
depreciation...—
Pennsylvania income taxes^
'
.•
banks
Forth
of
•
debt
p. 2790.
-
Worth
Bank
The. Pittsburgh
1^5,599
1,059
ACCOUNT, 12 MONTHS ENDED.
corporate income...
167,
/
;■;•
-
Fort
tional
/
1948
Fed.
of the company.
*:
■
\ 1
■■/.'•'■*•/ T '•'•
: /■ ••
'
participating in the financing program include First
Dallas, Republic National Bank of Dallas, Mercantile Na¬
at Dallas, Dallas National
Bank, and National City Bank,
Bank
Dallas.
93,800
2,091
!
.income •>
funded
of
.
/
$401,843
vt^The road proposes to 'extend the
maturity date on its- first mortgage 0
.
boittis from 1951 to 1996 and- to modify the-interest rates as well as •
•,
591,266
$12,579,245
banks
in
406,605
•K
10,535
Minority interest
v:;:;/tVc-:
iUtvuii*u« v4mX1
-
$10,904,821
proceeds, $25,000,000 will be used to pay off outstanding bank
The remaining $25,000,000 will be
applied to the construc-
through
V
;
•
599,527
$4,729,063
company" is
a
691,845
program
tional
> *?.2,324
240,883
11,3(65
190,552
64,294
1
$36,509
V
.»
byjjflpts
National
(567,894
'
$338,96$
debt-
deductions l/'l 1—_______~_
Deductions for depletion and
the property.-- The action followed breakdown of
negotiations for hew
financing, officials said.About 200 produfction employees Had been
■'/Vv ft
:
taxes_____
share..
.Worth.,
44,666
&
June 3, '48
June 6, '46
June 5, '47
$13,701,312 $24,166;052 $28,926,576
1.600,000
2,500,000
3,800,000
3,419,404 ". 3,020,638
3,069,952
3,261,000
7,141,066
8,886,113
•
contingencies
Star
Dallas
v
v1'
The
$1,000,000.
Off."
June 3.'48
June 5,'47
June 6, '46
(est.) $43,356,000 $43,371,000 $45,754,000
revs,
wholly and partly
dividends.-^V. 167, p.
the
•tion
j
•.
1948—6 Mos.—1947
and
>••
laid
•'
.
$6,078,660 $17,463,403 $12,863,103
113,065
1,001,908
.
444,750
Other
•
McNamara
State
total borrowing,
$17,500,000 was loaned
In Dallas,
Worth, and Pittsburgh, and $32,500,000
by^BlfPrudehtial In¬
surance Co. of America, Newark, N." J.
The loans mff be repaid over
•a
period of 20 years. "■
1
'
;
: •*
$981,207
'/•;
1948—3 Mbs.—1047 /
■.:>
than
and
1044.
the
Of
2,677
Corp., Rochester, N. Y.
Attorney Paul E.
585,15j>
on
Federal
for
Forth
Of
•V
;
i
figured
were
p.
'Outstanding bank loan notes.
•
:
Filed
more
168,
•
3,104
_________
\
1948.—V.
profit
"Deficit.
Colonial Trust Co.,
Y.. has been appointed
leasehold bonds.-.
•
-
in
system and to retire
"72,236
2257.
Thg
were
pany, it was announced Sept. 29.
The
'be used to pay for expansion of its
555,342
and depreciation
,_K_
Pennsylvania income taxes-
income:
Interest
H-150
;
reconversion
N.
of 1,170,362 common
equivalent to $4.89 per share.
split two-for-one and earnings oJ
period
Insurance Loans—The company has obtained
$50,000*000
in loans from & group of banks and an insurance com¬
$2;595,155
depletion
sales
Gross
250,625
Kramon Development Co., Inc., N. Y.
J. I
1948
operating
Lessings, Inc.—Earnings—
,
$1.4p
outstanding capitalization
profit
Lone
1,482,666
.
508,893
42,738
.'Operating income;
Rents, royalties; and other income_i_______.IH
24,510
$652,468
198,320
(est.)
.
1945
$609,660
$1.93
"■Including
1,112,489
■
$2,769,676
____
and
corporate
Gross
..$1,656
1,615
$305,966
.
1946
$1,131,103
$5.19
1947
■
1,440,753
debt_I^_i_„_71______!
CONSOLIDATED "INCOME'
-210,185
:•
$650,853
Dt 1,794
piofit;
pointed—
1947
$3,039,143
$4.89
$2,946,664
interests'
preferred
.
$24,366,209
1,328,923
!___
income
1,835,304
war
167, p.
167,
40,000
: -Crl7
$367,641
deductions
Net
1946
$2,047,155
production
con¬
tingencies-returned to income
Net
of
&
22,324
1,063
'Pennsylvania inc. taxes '
Minority interest'77/— ,v
1947
;/
for
taxes.—V.
Income
Loew's Inc.—Sales and Earnings—
Gross sales
•404,751
.
113,155
Depletion and deprec.__
Prov/: for
Federal. and,
'
3,799,342
special, credit——
reserve
end
•
21,333
11,165
189,649
-Earnings— L.,-
$504,286
taxes
for
funded
on
Other
/•.- •;/
$4,707,683
profit
income
taxes
483,135
.10,535
income,
Gross
168,
// 234,408
expenses-
'■
Federal
presently
for
_
royalties
other
term
1948
•
______________
income
,
i
and
income
Reserve
corporate income
Rents," /
Sommer
3,437,416
►.
-.qf' .goods
Belling,
P.
periods.—V.
•'
i.).
D.
$4,17.7,903
~
s
271,439
income.
168, p.
Int.
three-year
a
three-year
.'
sales
iCost
1948
In July, 1947 the common stock was
'$5.19 per share for the first half of last
year
shares
then
outstanding.
tAfter provisions
Minority
Gross, sales
.Operating income
stockholders
to
expired.
Kingston Products Corp. (& Subs.)A
on
$964,037
,
Period End. June 30—
-
>• •••
director
a
whose
re-elected
were
60,000
$0.57
$1.20
Federal
t$5,719,994
share.
com.
248,515
Lehigh Valley Coal Corp. i& Subs.)
/
c-I":-,.•:
will
for
$43,132
•
60,000
$3.01
provision
1945
$80,946
loan notes.
The shareholders on Sept. 24 approved an
increase in
the out.-,
standing capital stock from 625.000 to 1,875.000 shares for the purpose
of issuing to
stockholders two additional shares for each share now <•
Tbe
"■Based
674,141
$27,641,012
for Fed.
168, p. 944.
Director Elected— '■
per
$1,435,605
deductions.
Deductions
Keystone Steel & Wire Co.—Split-Up Approved—New
held.
Gross
Prov.
surgical
/
Co.—Earnings—
taxes
132,983
Minority interest
issued
a
28-page
booklet, entitled "The
In word and picture of its varied activities
breadth
the
$3.76
and
shares, earnings in the
■
678,358
sales
•Other
$2.92
</' /-V///
company
Federal
and
1946
60,000
1S48—6 Mos.—1947
239,187
interest
Interest onrfunded
400,000
^v/'/;
,
"■Earns,
and
Operating income
Rents, royalties and other
••
ings operations.—V.
"
_v/—/
corporate iipcome
Gross
:
$7.13
has
lust
Kendall Story," which tells
\
503,370
after
428,177
CONSOLIDATED INCOME ACCOUNT, 12 MONTHS ENDED JUNE 30
83,184
$2,851,619
Issues'Booklet—
■and
/'•.V:--
Oil
Earnings per
Net
.
,
$1,249,899
82,415
$11.23
share———
common
'<.■>■<:
The
'»
••
80,663
2469.
1947
$189,480
60,000
share...
com.
depreciation
"
"
$377,321
deprec.
Federal
Minority
_L——.
$2,934,034
pfd. dividends—— $4,491,679
outstanding——^: / V 400,000
shares
Earnings
pre-
—•
_—
_
Common
A
per
123,863
901,997
*
500,000
1948
$234,651
______
shrs.. outstdg',.
$855,445
2,151,696
/Z;
'
contingencies
$13,348,573
1948
^
•
$35,802,917 $24,955,310
7,620,498
and
for
—■•*.
debt——/
Pennsylvania inc. taxes
.
Net
income
deductions
Prov.
June 14,'47
other
// 12 Weeks Ended—
360,931
funded
on
Depletion
12,'48
income
Net
$5,484,206 $14,289,792 $11,934,377
38,510
757,247
289,896
494,513
miscellaneous deductions
charges.—V. 166, -p. 951.
40 Weeks Ended—;
(& Subs.)—Earnings—
'
1947
and
income
$0.89
interest,
6 Mos. End. June 30—
1948—3 Mos.—1947
__
and
478,756
share
for
•
714,802
;
income
royalties
-other
63,360
outstanding
6 Mos. End. June 30—
"■Net
Common
p.
"/• '* ■■y'C''''
•
.
:
i
'
1948
___—r'
share———1
sales'/————— -$7,168,198
•Opeiatihg
-
,Int.
24 Weeks Ended—
p.' 2469.;
167;
!•_.
outstanding——
common
interest
1356.
p.
857,580
per
Other
Kendall Co.
166,
*
*,
1,663,404
75,817
.'
'
9.
below,—V.
$462,009
—.
minority
Lindsay Light & Chemical Co.—Earnings—
Earns,
$11,040,355
shares
'Gross
3,117,014
1,703.574
railway
Trust Co.
earnings
Rents,
railway....
&
Period End. June 30—
Prom Jan. 1—
Gross
taxes
&
$398,700
common
provision
income
157, p. 1363.
J; Lehigh Valley Coal Co. (& Subs.)- -Earnings—
$385,453
118,969
per
"■After
dividends
—
shares
Earnings
previous
.
—V.
1945
-
oper.
Common
$1.81
,
1946
146,118
576,081
LcTourneau, Inc.—Earnings—
Comfnon
p: 1848.
Kansas 'Oklahoma & -Gulf Ry.—Earnings—
August—.
$1,093,703
;_
preferred
earnings
Lion
shares
of
$1,508,466
—„
Sons, Inc.t"below.—V.
profit—-
Subsidiaries
Net
576,081
!—$2.53
Months Ended June 30—
Earnings
for
&
Guarantee
(R. G.)
6
furnish
874,500
(J„
Lawyers Title Corp. of New York—New Control—
F.
-, -
number
will
M.
boa/d
Director.
Mr. Price will
of the board of di¬
minority
a
for
'companies'
.1,731,903
638,200
"Net
■"After
member
a
'
return
the
2,382,966
interest--—
—.1. '
share:
Consolidated earnings for the six months ended June
30, 1948;
,1947
$48,541,233
taxes—.—....—
outstanding—
automobiles
day.
a
income
common
NOTE—Ifthe
See
•
"
abroad!' The
Liberty Products Corp. /(.& Subs.)—Earnings-
1948
$52,166,133
Lane Cotton Mills Co. of New Orleans, La.—Control
-Acquired—Offer Made to Minority Stockholders—
;
knocked
and
profiV'//:..J——
per
"
inventory method
(of cost or
.'less.-not. <in, excess of market) had been used, net earnings would have
•been $.1,781,136 or $3 per
share, as compared with $1,291,054 or $2.15
per
share.—V. 168, p.
1044.
* •
1
'
'
'
the. Sluisjesdi.ik -was
be completed and
in
completely
Federal
shares
.
.
,
-for
Common
,
receive
factory,
by
28
Export
January/,1949.:
Rotterdam
The
Sept.
on
assembly
new
September,
operation by
'
I
Kaiser-Prazer
of'
Construction
.
announced
was
i
'
'
.
_—
depreciation
after
Earnings
NederlandsChe Kaiser-Frazer Fabrieken, \ N. V.,
Holland,".:for the assembly of Kaiser and Frazer autoof
formation
/
1
_
-
Kaiser-Fraaier Corp.—Forms Holland Affiliate—
The
\
Subs.)—Earnings—
''
Years Ended May 31—
Sales
the'.Close
V
Lane Bryant, Inc. .(;&
>
'
/Net"
**
•
i
receive
Morgan
Co,,' Incorporated,! 23 Wall St., New York, N. Y., prior
,,.of business, on Nov. 3, 1948.—V. 168, p. 1146.'* ":>•
r
to
.
P.
;
•/
'
$1.20 -cumulative
holders
convertible
record
of
preferred
Sept. 54.—V.
168,
p.
stock
was
payable
.<>.:■
252.
Oct.
1
/-.//"/
and "on
Lak-e Superior & Ishpeming
RR.—Earnings
f:'
:
1946 '
/\Gross.1
Net from railway^-,_._
Net, ry.. : oper. income./.
't/":Frqm
Gross
'$491,047
'304,129 ~t
173,265
300,670 :V
t
-.
.;-1 173,978
: t
'
.rajlway/k//
-
: •'•
2(613,063.2.363,207
r1
$352,978
/193,214
j
Lambert Cor (&
Period
Subs.)—Earnings—
End/June30r-;^ j" 194^-3Mqs.4/i947f
■Profit.; .after
Fed.
•/'.LIABILITIES—Accounts payable- (trade),-,$10,084; Federal
and New
-York;(State income taxes, $13,356; accrued payroll and miscellaneous
.taxes-,$2,861;; miscellaneous expenses accrued, $4,470; reserve fox1
1,929;0Q7replaeemehts, .$5,419;, 'capltST-stook •*($! par), $90,000; earned
surplus'/ 904,996, >
'$55,174;; ;, sui:plus used to. reacquire capital stock in
". 120,613
1
1,295,489
1,107,338
v'/' 196,592
___,
' V
/
24.903
inc.
charges/-.
taxes
&
-$172,965
•
min-
tofity:HiL :.in sub.-'/L/ //
//ti2,505
' w
'
■'
466,942
.
Net
prof$l 10,-460
$ 110,460
28,276
—V.
167, p.
>
6 Months Ended JtCne 30—•
336,709
'
406,454
2468.
•''
/
.
development .and patent -expense..
■JEstim.
$181,397
$528,936
746,371
'*746,371
$0.24
$0.71
$0.94
Federal
•
(12 705
1481.
1948
-
1947
on
income^___7
•>'*//••'
■<
V/Nfet income
Earnings
—V.
per
share__t
168, p. 1256.
Net
Net
from
railway______.
;ry., oper. income
/. From Jan.
Gross
from
Net
from
Net
ry.
1—
1946
$1,457,341
.589,717
1945
$1,213,744
$1,471,278
466,513
667,143
'351,482
218,904
210,471
186,451
10,515,037
8,710,810
14,112,259
5,735,646
.2,391,296
3,993,893
'
n
railway/./-—.
income/—'
oper.
:
168, p. 1256/
1947
,
13,387,731
.
"
railway____
794,213
.
_
1,561,624
2,823,675
6,421,967
.1,311,787
/
•
1,846,100
-
•
•
Louisville Gas & Electric Co. (Ky.)—Weekly Output—•
-
1946
$5/025,676
642,216
4,486.855
3,748,729
5,746,493
5^030,815
$6,419,027
$805,730
$2.78
$2.51
$0.32
»*(...••
Louisiana & Arkansas Ry.- -Earnings—
August—
1948
.Gross from' railway____"" $1,846,426
—V.
$7,103,850
taxes
•$703,809
746,371
/
p.
Total °mfg/r and/other
1948—6 Moi—)947 iT
;incpme_/_i± $18,835,066 $16,200,486
$209,673 ;/ $865,645
$1,110,'263 •!»• ^Deprecfiation'
1,047,868
1,001,914
/. Admin. & geti,. sell:, adv., research,
/746,^71/
/';v $0.15
treasury
total,-$166,279.—V. 166,
Libbey-OwensrFord Glass
Co.—Earnings—
/. /
■'
Capital. ahrs;(, ;QUtgtdg'._ ]>
Earns,-' per share.
/ .shares, at cost), ,Dr$15,084;
..
'"
.
$166,279/1
?Zl'7,767
/146,911
;_o/ ••>
^
'O ,1945 V''
'' $354,541
■•Jap',7t-7r'';l.r
ftoin
//Net ry!. oper.f: income./?■ 618,294 v, 575,782
.'•'"/—V. 168, p. 944.
'..////rv,;':////')'/;/ '•>■
.
.
"
.hand, $37,275; inventories, on the
market/ whichever is .lower, ^26-.2U5investment in
United States bonds, $45,000:
prepaid expenses, $2,666;
fixed assets
•(less reserve for depreciation of
$170,219)^ $55:042, goodwill $1. total
3,083,892
493,838
a-
<
Electric
totaled
output.of
47,564,000
corre,sponding
'CT
'
this company for the
kwh.,
week last
T
as
compared
year,
week ended Sept. 25, 1948,
kwh. for thO
with * 34,839,000
increase
an
of
36.51/p.—V.
168,
p.
1256.
4
(M.) LowenStein & Sons, Inc.—Acquisition—
Leon
thai;
other
Lowenstein,
this
inteiest
Chairman
of
the
board,
on
Sept.
28
announced
company had entered into a contract to acquire-controlling
in Lane Cotton Mills Co. of New Orleans.
An offer to all
stockholders
of
the
Lane
company
is
being
made
at
this
time
*
by
And
The
has
Lane
Control
Stales./'
,
i.
.......
,
$1, each,
of
at
stock
common
are
;
Sept.
share
stock,
common
dividend
a
payable
15
Nov,
of 20
holders
to
cents
per
,
record
of
Additional
1,
The
usual
cumulative
Corp.—Earnings—
Steel
JLukeits
36 Weeks Ended—
15''46
$40,671,343 $31,196,288 $18,361,729
sales
Net
before
income
taxes———
Provision for
income
taxes
Profit
Net profit after taxes, etc.——Number of common shares——--
Th
Earnings
♦Deficit.—V.
168,
317'„
$4.03
1044.
p.
'
-
largest
company
months'
six
Sept. 28, the total
for the same period in
for
the six months
on
this
—V.
,
168,
p.
Oil Co.—Earnings—
McClanahan
Net
profit after
depletion
Corp.—V.
cal
168,
♦After
$2.08
$175,000 for contingencies.—V.
(
Earnings
tag
Prov.
deduct-
after
all
for
to minority interest as reported
share.
.
.
of
airplanes,, parts,
Profit from
Income
$942,282
operations
etc
_!
Net
dividends
dividends
Common
1
"
for
Surplus
Earned
Com.
outstdg.
shs.
—V.
(net)
167, p. 2031.
>
$118,952
$0.89
303,894
$239,930
$1.79
--303,894
$131,522
$0.93
303,894
period
share.
com.
per
.(303,894
29,856
___
;
.
$596,282
59,712
303,894
$603,536
59,712
$300,755
29,856
1511947' '151,947
$313,325
!.
earnings
1
;
———;
The
of
approval
$232,676
$1.76
303,894
the
■reach
first
Modification—
for modification of its first
by ICC Examiner J. V. Walsh.
the road's application
the
security
changes became
/Voluntary
recommendation.
of
point
adjustment for a railroad
voluntary
of
case
sorCtrl|B Mahaffie :Act, passed afc^the last
possible under terms of the
J*
regular session of Congress.
?.*
/*/
.
_
the ICC permit the road to submit to
that $1,733,000 of 40-year 5%
first
19.47', be extended.
Of the amount to be
Jan. 1, -1947, $1,529,000 are held by the
company's treasury and $5,000 are held
Until the amount of the extended bonds
by 50%, company would not be permitted
to pay any cash dividends on
its capital stock under the terms of
the approval.—V. 165, p. 1730,
recommended
Walsh
"Mr.
bondholders
its
that
proposal
the
bonds due Jan. 1,
extended for 25 years from
•public, $204,000 are in the
;by Seaboard Air Line RR.
heW by the public is reduced
Magma Copper Co.—Earnings—
'
profit
capital
BALANCE SHEET,
"
!
•No.
Earned
———
per
♦After
charges and
^During
408,000
vV~. $0.94
$0.77
-
'
1947
$7,074,824
125,411
taxes___
"
627,253
600,000
500,000
$0.21
'Capital shares out?tending—2—_
Earnings per share-———/_■—
168,
$1.26
648.
p.
revenues
____
____
$1,923,316 $17,920,362 $15,410,515
1,481,233
13,979,115
ll,781,07(j
$2,189,287
expenses
1,749,213
Taxes
227,762
,
Equipment
Joint
Net
ry.
Other
226,318
1,730,703
1,670,922
._
Crl2,282
Dr24,833
Drl56,325
:
.
29,232
23,908
231,974
income.
oper.
$195,362
$167,024
$1,772,245
$1,422,214
.10,912
10,441
91,630
90,134
_
income
int.,
Rentals,
$177,465
$206,274
103,196
103,892
etc.—
$1,512,348
$1,863,875
,
Net
,831,382
.
$678,132
of
Commerce
has sold to
1,
of
Portland,
of banks,
$1,020,000
Me.,
equipment fund
serial notes
will pur¬
in quarterly instalments until 1955.
The railroad
chase six Diesel locomotives with the funds.—V. 168, p. 848.
payable
3 Mos. End. May
Net
1947
1946
$4,672,381'- $1,103,205
1948
31—
$4,040,002
sales
Cost
and
I
.
•
Maine Public Service Co.—Omits Common Dividend—
The
directors
on
the
declaration
on
the
common
L.
H.
the
incurred
diesel
manent
pany
hoped
effective
for
the
share
12
while
dividend
take
normally
to
no
action
payable
on
at
this
$23,8
27,16'
Edison
Oct.
1,
in
to
1948
the
in
a
view
letter
of
the
go
$604,720
$1,200,631
1
181,305
110,000
——
$786,025
Federal
Fed.*
income
taxes
r
__
,.
301,200
.
$1,310,631_
.
.
v..$51,07i
(no
to stockholders, explains that
heavy construction expenses
the results of the severe drought
northeast in the previous year.
In addi¬
the' installation of per¬
increase which the com¬
points
months
about July
1,
1948,
did not become
1948.
out that earnings available for common stock
ended July 31, 1948, were equal to 85 cents per
dividends
paid
during
the
same
period
aggregated
$1.45
The company has paid $1.05 per share during the calendar
year 1948,
vK:- ar> cer*-'-*"ich on Jan. 2 and April 1; and 25 cents
on July
l.—V. 168, p. 1147.
share.
.
'
•
>>, >
! 1
special
PRESENT
TO
Authorized
-
•
:
;
,;
3,450,000
FINANCING:
Outstanding
♦Unlimited
$24,500,000
•
1977
4.500,000
_
3.5j0,000
-
1,247,500
"
125,000 shs.
>
^
«
par)—;
500,000 shs.
—
*
40,000 shs.
360,780 shs.
open-end mortgage, but imposes certain conditions,
upon the issue of additional bonds.
'
an
AND
is.
BUSINESS—Company
formed
was
by
incorporated in Pennsyl¬
and merger ol Metropolitan
consolidation
a
constituent company
Light & Power jCo. by
(predecessor
,
public utility operating wholly within Pennsyl¬
engaged principally in the business of generating, pur¬
is
451,800
$1.07
outstanding
Earnings
V
share
per
.>$17,672
$820,631
451,800
V $1.81
1 $484,825
451,800
$0.04
of Jan.
31,
MAY
BALANCE SHEET,
doubtful
for
Power
U.
,s
the
of
approved
was
Jan.
payable
and
accruals,
$1,235,190;
provision
dated
(and
now
The
with
to
,
1948—3 Mos.—1947
Period End. June 30—
earns,
for
and
fr.
$2,409,814
opers._
$1,843,456
If
of
^
644,088
;
474,207
1,281,901
947,988
earns,
$1,765,726
25,502
$1,369,249
31,541
$3,103,344
51,729
$2,529,557
/ $1,791,228
$1,400,790
63,147
$3,155,073
40,716
83,587
$2,586,858
126,128
685,000
525,000
1,200,000
$812,643
$1,871,486
$1,510,730
828,171
$1.72
opers—
;
57,301
earnings
charges
Fed.
for
Prov.
inc.
tax_
common
of
—V.
shares.
828,171
828,171
828,171
com.
share-.
$1.24
$0.93
$2.16
per
Mercantile
Stores
Co., Inc.—Loan
of
names
of
shares
of
new
'
Bioren
Co
Co.,
Inc
5,150
Janney & Co.—
5,150
*.
&
650
Boenning
1,700
•' 850
Buckley
•"
&
,_V_-
& Co., Inc.____
Securities Corp.Byllesby and Co.
M.
CoFlings
C.
Co.,
and
1,100
!
Inc.
Townsend,
&
&
Co.-
Morris
Elkins
1,100
550
Bodine—__
&
Crouter
Dixon
425
2,150
(Inc.)
C.
1,700
Co._
&
Parsons & Co.—
1,700
•
,1
,
Airlines,
Inc.
—
Reduces Commuters
Fares—
V. 168,
Offered—Two
to
totaling $7,500,000 were marketed
this week for the company. Harriman Ripley & Co. Inc.,
as sole underwriter, on Sept. 30 offered $3,500,000 first
securities
Smith, Barney & Co. and Goldman, Sachs & Co. offered
1,100
850
168, p. 1256.
Mid-Continent
3%% loan.
mortgage bonds, 3% series, due 1978, at 100.99 and inter¬
est. On the same day an underwriting group headed by
«
—
1,700
Schmidt, Poole & Co:
. 850
Schoellkopf, Hutton &
Pomeroy, Inc._
—
1,700
Sheridan Bogan Paul &
Co., Inc
—750
J. W. Sparks & Co
—_
650
Stein Bros. & Boyce_____
1,700
Spencer Trask & Co
% 2,150
Harold E, Wood & Co
425
Wurts, Dulles & Co
1.100
Yarnall & Co—
2,700
1,000
—V.
1,100
Jenks, Kirkland & Co
A. E. Masten & Co
L. F. Rothschild & Co.—
;
The
Co.—Securities
No. of Shs.
No. of Shs.
Sachs & Co
July placed privately with the Metro¬
Edison
"
bonds is Harriman Ripley & Co., Inc.
new preferred stock and the
preferred stock underwritten by them are
underwriters of the
the
Smith, Barney & Co._.
offer
Metropolitan
such liens and
lien upon such property and
*
follows:
corporation on Sept. 21
with
on
Mid-Continent
a
Revenue
that
commuter
'
An
will
the
fare reductions were the result of a ruling
application by the Commissioner of Internal
federal transportation tax does not apply to
15%*
tariffs.
additional
be
announced that, effective Oct. 15, it will
flights between 11 pairs of
commuter
21%.
unprecedented
The
on
the' frequent air traveler ranging from 18%
to
savings
than
more
fares
lower
new
cities,
of
•
UNDERWRITERS
1256.
issues
securing its first mortgage bonds,
mortgage
The name of the underwriter of
Placed Privately—
—
!.
.
the company, the property and
of the after-acquired property
that time be a
at
may
franchises.
Graham,
politan Life Insurance Co. $5,000,000 20-year
Proceeds will be added to working capital.
p.
as
Granbery, Marache & Co.
168, p. 1045.
^
,
subject to the lien of that mortgage, subject to
DeHaven
income
Net
:
into
virtue
of
encumbrances
950,000
$1,065,512
fr.
credits
company's
by
become
Blair
Income
.
merged
clauses
Goldman
depreciation
depletion
•
Railways,
■
:
,
is
will,
Edison
the
'
-
Edison
when
and
franchises
as
1948—6 Mos.—1947
$4,385,245 $3,477,545
York
date of Nov. 20, 1946, entered into a contract
Edison's franchises and all its property, real,
acquire
personal and mixed.
numbers
Total
the
:
of
Dec. 10, 1945, and confirmed by
Eastern District of Pennsylvania by
the
under
company,
Edison
The
Corp.—Earnings-
for
■'
reorganization
on
16,
owns)
aggregating $135,806.
total, $13,162,895.—V. 167, p. 2032.
Mathieson Chemical
SEC
1946, the company acquired as of Jan. 1, 1946
above-mentioned common stock and notes ot
Edison Light &
Power Co. for a consideration of $4,186,458, which
included the assumption of certain net
liabilities of York Railways
order
1948
Federal, State and local taxes, $2,016,774; notes payable, $128,000;
payable, $67,770; balance on purchase of Toledo plant, $987,500;
reserve
for
contingencies, $121,758; - other reserves, $130,869;
capital stock (451,800 shares of no par-value), $2,491,931; capital
surplus $111,480; paid-in surplus, $172,533; earned surplus, $5,699,090;
of
plan
the
by
District Court
S.
of York Railways
stock
Co.
incident
an
owned
company,
&
As
the
the
the common
which
of
accounts
transferred to General Public Utilities Corp.)
of
of
Light
$110,893
441,800
$0.25
$3,540,922; accounts receivable
$212,260), $2,953,392; U. S.
Government securities, $188,000; inventories, $3,713,578; property, plants
and eqquipment
(after reserves for depreciation of $1,094,583), $2,610,433; patents (net), $87,742; prepaid expense sand deferred charges,
$68,828; total, $13,162,895.
'
•
reserve
parent
99%)
$253,103
ASSETS—Cash in banks and on hand,
16, 1946, NY PA NJ Utilities Co. (all the assets of which
then uhjesubstantially all (in excess J of
which was at that time
in process of reorganization.
York Railways, as of that' date, owned
all
the issued and outstanding common capital stock and $421,000
face
amount
of promissory
notes bearing 3Va% interest,'of Edison
direct
ing facilities to Toledo, including processing the operations at Toledo,
have been currently absorbed in the quarterly statements of income.
(after
It also
city ol
>.!/■;>>:" 'v
■;■■':!
have since been
announced that costs of moving the York manufactur¬
The company
a
transmitting, distributing and selling electric energy.
and seils steam lor, heating in a portion of the
produces
Easton.
88,510
profit ;
is
company
and
chasing,
53,700
33,4
,490,000
profits taxes~_
exc.
Net
1948
offset
into effect
4,
Sept.
:
'
'
and limitations
Co.
vania
$236,044
17,060
profit-
operating
time
costs have increased
with
generating units, and a rate
would
until
letter
The
per
stock
and
vania
2,627,670
3,471,750
The company in
taken
throughout
operating
voted
stock.
was
during
conditions
tion,
the
of
24
President,
Alline,
action
Sept.
on
EFFECT
series——r.__——
HISTORY
1945
$2,863,714
1,079,3^3
3,435,282
expenses
income
Earns,
,,
a
1978—______
Haven Water & Power Co. 5s, 1951" *$1,247,500
pfd. stock (par $100).
—185,000 shs.
As
Net
No.
'
of
series——
H,
headed by National Bank
books
1,
4
Income
group
a
'
.
Total
Sells Equipment Notes—
The company
550,000
during
sub¬
y
^
834,216
$1,032,493
$74,269
$102,382
income
time
to
company's
.
series due Nov. 1, 1974-,
The
Net
,
t0
—
series due Sept,
restrictions
Martin-Parry Corp.- (& Subs.)—Quarterly Report—
Prov.
Gross
of
,
250,057
income
loans
;
;
-
£>r236,252
(£>r/__
rents
rents
fac.
aggregate
of same name) and
■Metropolitan Electric
an
agreement dated
June 8, 1922.
r.
.
The predecessor cpnstituent company of the same name
was
likewise formed
as
a
result of various successive mergers and
!". LIABILITIES—Accounts payable,
$1,357,097; - note payable—Recon¬
consolidations.
struction Finance Corp., $7;535,233; advances" on contracts, $5,722; due
Subsequent to its incorporation, the company acquired
to U. S. Government for price reduction, $930,235; accrued liabilities,
by purchase the properties and franchises of numerous electric light,
$3,258,097; Teserve for renegotiation refund, $5,064,882; note payable— '; heat and power, water power, gas and steam heat companies servin*
in parts of the area now embraced within the company's territory.
Reconstruction Finance Corp.,
$3,389,236; reserve for contingencies,
$275,212;
deferred
income,
$587; - capital
stock, $1,134,229ft capital
Under date of Jan. 31,
1945, the company sold its gas properties
surplus, $12,363,315;
earned surplus, $19,274,580; total, $54,588,425.
and business and subsequently formally surrendered its charter right
—V. 168, p.' 1256.
'■ '
' •
to supply gas.
J
; '
.•/'
'
.
dividend
1948—8 Mos.—1947
1948—Month—1947
Period End. Aug. 31—
Operating
t
GIVING
series due Sept.
^Mortgage is
payments received, $30,accrued interest
(net), $1,093,224; property,
,
LIABILITIES—Accounts
Operating
time
1949,
,!•'; "•••> ,>
>'
■"
Common
$723,824;
for
August Earnings Higher—
Maine Central RR.
to
bank
1,500,00(1
_
-^V.
pre¬
u
company's
on
3.90%
,
•
:
$4,003,266
—
after
vendors,
total, $54,588,425.
706;
CONSOLIDATED
1948
$3,500,000
new
Edison
4.35%
1
plant
equipment (net), $16,004,779; patents, $1; deferred charges, $341,-
six
31-—'
com¬
received from
estimated
from
30,
mortgage bonds;.
York
$78,516; investments, $1,210,555; Federal income taxes re¬
(less
current
portion);
$2,094,220;
other assets, $40,516;
fundable
Shares
sales
profit
advances to
$22,747,967;
receivable,
of
3%
JUNE 30, 1948
general funds, $4,121,074;
restricted cash funds,
receivable, $3,216,425; termination claim, $180,444;
refundable—current portion, $607,650; State in¬
refundable, $199,542; expenditures under cost-plus-fixed-fee
contracts, $1,768,434; inventories (less partial
158,899),
Magnavox Co.—Earnings-
(The)
the
■
construction, subsequent to June 30,
facilities and the betterment of existing
3%
m
Federal taxes.
Three Monthfc Ended May
Net
408,000
pounds
corresponding
Net
$385,854
months ended June 30, 1948 the company produced
of copper, compared with 14,714,432 pounds in the
1947 period.—V. 167, p. 2032.
" " \
■ v . •
the
19,755,743
1945
\7
$315,942
Corp.
for:
Sept.
establishment
-
2%%
$719,034;
taxes
Profit
1946
•/ 1947
$664,481
408,000
$1.63
1948 •
$428,908
shares
'J'"" 408,000
share—!—$1.50
',6:Mos. End. June 30—
of
(which amounted to $704,287 at June 30,
the extent of $950,000, against the cost
to
CAPITALIZATION,
7
First
accounts
income
taxes
Other
'•
facilities
capital contribution
used
:
•,
tion, subsequent to June 30, 1948, of new facilities and
the betterment of existing facilities of the company-—
ASSETS—Cash:
$159,548;
Federal
mortgage
•♦Net
•
^
fund to be applied against the purchase or construc-
*<
;
256,143
1,076,018
housing and commercial development
;
bonds has been recommended
mortgage
parent.
be
new
facilities
$613,127
——_
(net)
CONSOLIDATED
of
1948,
;
♦Including costs and fees invoiced under cost-plus-fixed-fee contracts.
and
-This is
existing
of
contributions
power
and,
(iii) The
£■ Net loss 1—_>_!i.__
come
Dublin & Savannah RR.—Bond
Macon
ef
amount
time
principal of short-term
ending
$550,000,
1948)
Cum.
Preferred
to
Utilities
Public
capital
chased
—c~
.—
charges
346,000
346,000
the
company's
follows:
as
applied by Edison toward the partial
payment of Edison's obligation to the company for pur-
/•
1923.
p.
in
the
from
company's
the
and
period
of
period, were $947,102, or slightly less than 17 cents
compares with $960,578 for the same period of 1947.
This
167,
1948,
sidiary, Edison Light & Power Co., aggregating $1,500,000, which capital
contributions will, to the extent
$26,688,328Cost of sales, selling, administrative and general expenses—
25,648,723
Depreciation, of plant and equipment—!
426,478
v*
172,000
the
,
the
Depreciation
>$949,536
stock
(ii) Cash
/
trust
for
taxes
16,
the company outstanding at June 30, 1948, necessitated
by expenditures for new constiuction_j___l,_„_^^____
Marine Midland Corporation, the parent com¬
by
company from the sale oi
stock, estimated to aggregate
J,
General
1948—6 Mos.—1947
$472,754
182,000
(est.)
taxes
and
♦Sales
of
reserve
,
s.
time
the
to
The payment of
(i)
during the first six months of 1948 from its constituent
companies, plus its other income, less its expenses
only.,
the
contribution
Corp., will be applied
betterment
the
ferred
$2,461,755
5,620,422
$0.44
'
Sept.
on
Utilities
by
preferred
capital
a
The proceeds from the sale of 40,000 shares of
(b)
.
$2,702,439
5,609,922
$0.48
Exchange.
realized
new
against additions and
facilities made or to oe
made subsequent to Nov. 1, 1944.
The amounts thus
withdrawn will be applied against the purchase or con¬
struction, subsequent to June 30, 1948, of new facilities
$3,959,055
1,497,300
ings for the Six Months Ended June 30, 1948—
■
,
$495,325
expenses-^:
Fed.
income
1948—6 Mos.—1947
(Glenn L.) Martin Co. (& Subs.)—Consolidated Earn¬
>
Co.—Earnings—
1948—3 Mos.—1947
Period End. June 30—
received
betterments
'
H
MacAndrews •& Forbes
\
Dividends received
—v.
574,376
$1.16
tAfter
and
with
pany
$1,265,214
5,620,422
$0.22
earnings are adjusted
York Stock
New
banks
t$668,055
v
proceeds
bonds
withdrawn from
*
and
$4,325,839
1,623,400
$1,372,828
5,609,922
/ $0.24
,
of the purchase or
572,000
$1.92
-
for contingencies.
168, p. 1256.
$150,000
of
reserve
568,400
$2.24
566,400
shrs. outstdg.-Earns, per share—__
.
Kidder,
securing the company's first mortgage bonds and
gage
«;
and
share.
1945
$1,097,118
$1,179,766 ♦$1,273,438
!_—
taxes
and
the
pany
•
Capital
per
,
NOTE—These
$24,276
chgs.'
all
after
inc.
taxes
shares—
a
Nat
15
per
preferred:
The proceeds from the sale of $3,500,000 of 1978 series
bonds will be deposited with the trustee under the mart- :5
(a)
affiliate)
and
companies
1948—3 Mos—1947
outstdg.—
Chemi¬
1946
1947
April
the
together
General Public
(& Subs.)—Earnings—
trust
series
$1,500,000
cents
50
for
$5,500,000 will be
(& Subs.)—Earns..
Co., Inc.
1948
6 Mos. End. June 30—
15,
Jan.
on
totaled
1978
$7,500,000,
'
$2,193,728. .$2,045,414
820,900
780,200
taxes
profit
Capital shrs.
and
Publishing
McGraw-Hill
for
made
were
..
$44,354
investment in the Great Lakes
the
' '
a
in -1947
banks,
Net
1044.
p.
constituent
before
Prov.
to
—
.
tExclusive of recent
♦Net loss
pre-,,
'
,
47.
Period End. June 30—
Profit
1947
depreciation
and
charges
all
and
each
Payments
Earnings
$1948
9»/2
cents
nine
year.
(Incl.
:>!>",
Six Months Ended June 30—
and
Midland Corp.
Marine
1947.
Earnings
after Federal taxes amounted to
■$5,754,745, compared with $2,674,580 for the first six months of 1947
and $4,782,544 for the entire year of 1946.—V. 157, p. 2045.
$31,155,483
of
15,
Co.—New Income High
in its history was reported by this
being $39,404,072, compared with
income
'
-
dividend of 18 cents per share
15 to holders of record Oct. 5.
share will be paid from regular
cents
from,: realized
security profits.
declared
Sept. 23
on
income
July
Lumbermen's Mutual Casualty
The
"
'
stock, payable Oct.
distribution, BVd cents per
capital
Distributions
jnu
.
.
this
investment
nh
•
the
Of
^317 976
IacX
share._—$3.73
common
per
directors
on
-
'
Manhattan Bond Fund, Inc.—Distributions—
"J
'•
v
•'
,
•
STAGED
1,172,500)$ ST ateu
864,100
'
'
1
bids
PURPOSE—The
<■
Jan.
15, 1949, to holders of record Jan. 3.
A like amount,
viously declared, is payable on Oct. 15.—V. 168, p. 744.
July 10.'48 June 14-'47 June
-
m
.•
.
.
3s were:
as
Peabody & Co., 100.7591
for a-4.45%
dividend; Salomon Bros. & Hutzler, 100.5491 for a 4'/a*>
dividend; and Drexel & Co., 100.2771 for a 4>/$% dividend.
.
* v
1948, which was the same amount as paid on Aug. 14, last.
quarterly dividend of $'1.06 Vt
per
share on the 4V*%
convertible
preferred
stock
was
also
declared, payable
Nov.
-
declared
directors
the
22,
the
on
.
on a bid of 101.133.
Other bids,
Halsey, Stuart & Co. Inc., 101.10999;
Kidder, Peabody & Co., 101.071; Salomon Bros. & Hurler, 100.966;
Union
Securities Corp.,
100.833; The First Boston Corp., 100.7699:
Equitable Securities Corp.,V 100.6975,
• *„•
" The stock
was
awarded Sept. 28 on a bid: of 100.18 per share.
outstanding.
now
.
The bonds were awarded Sept.. 28
received for the bonds
.
On
bankers.
Chief
TfttO, when it passed to others, including certain investment
Freyhan Odenheimer succeeded his father as President and
^Executive of the company in 1945.—V. 168, p. 1044.
40,000 shares of cumulative preferred stock, 4.35% series
recent
company's
par
shares
Orleans until
Odenheimer family of New
the
by
held
was
well-established unit in the denim field,
spindles, with selling offices in the prin¬
50,000
approximately
cipal cities of the United
Monday, October 4, 1948
:(par $100), at $102.25 per share and div.
offer of 4,871 additional shares of: common
$15 per snare, to common stockholders • of
record Aug. .20, 1948 at the rate of one new share for each 15 shares
held, has been fully subscribed, It was announced by L. Gard Wiggins,
Treasurer, on Sept, 23.
Rights expired on Sept. 20. A total of 77,943
The
stock,
old,
an
company,
There
stockholders.
with the majority
stock outstanding. -
227,700 shares of Lane
FINANCIAL CHRONICLE
(The) Maltine Co.—Stock Offering Oversubscribed—
.purchase-.their shares ■ on the -same- terms
the- Lowenstein firm -to
conditions
agreed
to
'&
COMMERCIAL
THE
(1364)
passed on
discount of from 7% to 10% on such travel
the passenger by the airline itself, J. W. Miller,
168, p. 1147.
^
*
.
."
fare
to
President, said.—V.
,T
Number 4739
168
Volume
Midland Valley
Net
ry.
Net
1—
—v.
1945
$144,820
168, p.
Common
shares
395,119
Earnings
per
387,669
223,372
168,646
64,323
President
in
195,429
in
of
of
Locomotive
Ralph
V,.
p.
167,
Marvin
W.
Works, has
committee
Kelly,
-V
*;
Sept.
23
,
former
Smith,
been
of
Executive
elected
the
of
director
a
Midvale
President
issued
order
an
company.—V.
Gross
r;\ v.
railway!!.
•
,
Co.,
from
168,
finding
648.
p.
1948
.
A'ia47
"
and
591,438
»
income
218,341;.
168, p.
principal
The
special meeting held
180
or
stock
common
"•
"There'
of
are
class
offer
shares
Of
B
the Panhandle
of
16,836,193'
?.
3,188,284
1
*■733,550
1,657,104
Eastern
962,803 shares
stock.—V. 166,
Missouri-Kansas
effect
in
Mokan
for
of
Mokan
p.
1357.
1944,
and
common
■
four
shares
Since
holders
179,845
shares
Net
sales
Net
profit
and
Capital
The
for
The
outstdg..:
share—;.
per
company
class
.as
result
a
/-
■
,
,
alto the
Septi 20 filed
piv
< $10
par)
preferred
to
legal
a
stockholders
210,000
210,000
210,000
210,000
$0.70
$0.76
$1.21
stock
transfer
President's
^
actions
will
be
and
offered
Six Months
\
51
,•
^
Net
v,
Ended
;
,
July 31—
the
line
stock
•
t
'
r
•,"•
1948'
"
j-'
;
i
safes
.
Cost
\ g
•'
,•*
.
•
v
1946
*
,
$
16
will
1,628,000
total
a
of
accident
insurance
vote
shares
$12,291,400
168, p.
at a
and
operating
ex-ps.
508,647,868 418,397,220
509,046;467 477,113,474 377,123,620
_
before
Federal
Net
and
State
profit
Prov.
for
price
Net
taxes
income
on
income
for the
possible
taxes
future
profit
No.
'
capital
Net
J
Tenney
to
stirplus__
4,000,000
30,455,479 * 11,624,394
.-
705,439
as
used
6,502,378
23,247,662
______
!____l_
10,416,577
eral
6,502,378
.:!■
$2.60
of
shUfes
common
Jhly, T946,
■ •
•
V !,.•■■■.
■
■
outstanding
..
prior
stock
to
to
JULY 31,
1948
class
$26,000,000;
"A"
dating
stock
possible
self-insurance" and
and
Total
Res.
surplus
(201,554
future
:,
income
cohtiiig.
shares
no
stated
par,
at
Montour
from
Net
Net
:K
The
be
held
ry.
from
Net
from
Net
ry.
—V.
95,250
70,952
71,080
stocks
65,929
2,097,318
1,632,355
1,959,451
railway
__j.
income.!!
513,856
oper.
168, p. 945.
to
244,810
256,527
surplus
Oct.
on
168,
&
474,812
Rubber
Co.
166,
H.
After
All
at
of
c-ight
The
the
May
outstanding
1,
and
par
pienths'
First
have
1927
accrued
National
first
been
interest
period
mortgage
called
Of
and
for
the
at
ending Nov.
Bank
V.
rate
1,
of
5%
successor
Nov.
for
annum
will
trustee,
,
next,
be
made
Chicago,
as
I'
Net
Cost
these
New
:.
Income
and
___________
sold_______.^^____
general
expenses—^-.'."
Interest
Federal
,
Other
,
Net
income
tax
taxes
the
Earned
of
amounted
*'$572,435
to
for
(including
ments)';
—V.
depreciation
$832,372
$170,934
for
the
$51,835
'
48.
for
121,062
1,250,000
Cr3,451,000
$2,087,245
from
$1.56
$2.03
(
of
•'
v
950,615
.
Nil
plant,
May
and
equipment
31, .1248 (in¬
improvements);' 1947,
of
of
leasehold
leaseholds,
improve¬
$9,890).
$0.5«
S0.67
taxes
and
(exroept income tax'es in' 1948), tJepreoperating expenses.
tTo all eligible*
plan of special compensation.
f'Sales;"
other
company's
168,
48.
p.
'
,
15;
1948
The
114,336
52,182
76,56n
8,425,743
6,805,788
2,697,726
1,438,728
1,760,033
'1,150,653
352,703
8,406,099
3,Si TO,'0&?
5,523,020
3,865,575
income—
;.'y/
892,960
•
v
■
-on Sept. 23 filed a
registration*statement;wi'th the
$10,000,008, first mortgage bonds, due 1978.; - The name**
wilirbe determined by competitive bidding. ^Pro¬
be used for construction and other- corporate expenses.-
underwriters
will
COMPARATIVE
Operating revenues
Operating expense's
Federal
Other
INCOME
STATEMENT
1948—12
1948—Month—1947
1,739.273
1,545,821
271,525
20,101,159'
312,287
taxes
Mos.—1947
$2,671,210 $35,052,213
$2,864,090
____
taxes*
3,761,120
$31,959,791
18,344,487
3,076,666
3,160,803
296,034
271,187
3,397,122
approp.
,300,000
300,000
3,600,000
3,694,000'
revenue™
$257,258
$241,915
$4,192,812
107,067
$3,683,835
$4,299,879
1,051,250
$3,820,055
1,060,990
Prop, retire,
359,820
Inc.—Registers With SEC
company
Period End. Aug. 31—
$4,015,663
•;
370,013'
255,959
covering
the
ceeds
2,283,271
157,830
1^45
$918,4*00
256,057
railway
oper.
168, p. 946.
SEC
17,699,535
$5,544,$28
$790,809
322,901
New Orleans Public Service
$23^98,4^9
2,664,821
1946
1947
$874,003
558,571
1
V
23,686,657.
1946
$1,170,463
.
for
of
,
Northeastern RR.—Earnitvgs-
&
income—
1948—6 Mos,—1947
$5,702,658
335,121
$4,375,483
281,037
2,030,000
153,167
1,563,000
,
$3,337,537
$2,'53l,4$6
2,112,336
Net
res.
•
oper.
Other
income
(net)
$1.49
7,023
9,929
$264,281
$251,844
87,604
87,604
5,671
5,205
236,518
$3,012,111
v!
Gross
Int.
$1.39
bn
1,679,869
$0.67
$347,152.
,
•
Other
Net
$998,827
$667,599
incohle
mtge.
int.
_!____
bonds
and
deducts.
income !—
'
$171,006
168,
136,220
'
,
233,330
369,54$
$2,525,735
369,546*
$2,642,565
.
Balance
17
a
proposal
to
increase
to
260,000
shares
$2,156,189
1046.
p.
New York Air Brake Co.—Earnings—
the
to
and
6 Months Ended June 30—
outstanding number of shares.
stock
distribution, the preferred stock¬
instead
votes
on
65,000 shares
the
on
the
of
two
Nov.
from
York
of
for
one
each
preferred
Net
1948
for
estd.
taxes
1946
$889,129
552,400
381,900
$751,981
income
$1,322,036
527,000
$769,636
$507,228
$2.90
Fed.
1947
$1,278',981
!
.
income
Reserve
$2.97
$1.96
share
has
Net
to
made
list
Curb
both
the
Exchange.—V.
common
167,
and
preferred
2792.
p.
;
'
issued.-
168,
an
interesting
income-
Earnings per
—
share
•
—V.
(Pa.)--Issues Historical Booklet—
just
167, p. 2033.
.
New York Central
RR.—Earnings—
historical
44-page
on
Sept. .27 by
this
the board.
through
year
the
on
the
Mr.
Outfight
efforts, of
board.—V.
168,
oper.
revs
69,030,415
58,459,549
Railway
oper.
exps
56,793,947
49,491,341
-
V.
R.
Net
Ras-
12,236,468
3,968,203
73,873,962
73,095,151
4,658,463
4,722,922
35,739,008
1,642,752
1,416,571
14,661,261
39,430,823
13,041,41a
5,935,253
2,828,715
23,473,693
1,352,954
1,359,204
16,979,325
20,522,918
13,143,318
7,288,207
the
9.
$8,104,553
$6,102,077
$6,106,881
789,718
613,251
315,566
$1.27
$1.53
$1.19
$0.61
shares
capital
of
stock.—V.
167,
p.
2792.
.Total
MONTHS
EN0ED
the
.
on^ept.
stock,
Nebel
Go.,;;Tnc.,
holders
new
of ' the
$8,
75
which
old
on
dividend
a
a
plan
became
share
of
25
to
oh
May
of
^provision for the
Nehi
Net
the
old
charges—.!
State
per
holders
15,
inc.
of
The
of
basis.
There
stock.—V.
151,
$1,107,895
$1,251,038
$1,078,329
-
the
old
506,000
$648,329>
shrsv outstdg.!'
1,030,000
1,030.000
1.030,000:
$0.63
$0.72
dividend
t288,951
1.036,097
+608,355
129,271
income
.
tax
-
-
,
wis
p.
ICC
ho
Sept.
nn
liability
ment-trust
requirements.—V.
carry-back credit
.
of
$409,289
iQ both
-
in
17
respect
•certificates,
2199-.
1945
:
Gkoss
$1,366,304
911,000
1
$745,038
shake_
.
Norfolk Southern Ry.
1946
455,000
preferred
4,815,362
430,000
167,
$0.63
p.
2363.
'
$455,304
1,030.000
"$0.42
from
Net
from
Net
ry_.
Earnings—
1948
1947
1946
1945
$892,049
$699,295
$709,269
$634,452
254,742
48,908
108,834
132,424
94,164
"29,364
32,997
53,885
-August—
1947
$652,895
per'com.
10,816,560
authorized the company to assume obligation
of not exceeding $13,800,000 of 2%% equip¬
to be issued by the Chase National Bank,
New
York, as trustee, and sold at 99.261 and accrued dividends in
connection with the urocurement of certain new equipment.—V. 168,
p. 1148.
and
.
"After
567,495
1,242,123
Equipment Trust Certificates—
share
record
Jan.
l, 1940, ilhder
preference " stock
received
shake
1948
taxes'..
27,708,751
income
Federal
periods
last.
:!_!?. :!!
profit,_;!-
Fed.
tlncludes
liquidated Dec.
reorganization
common
33.766,236
1,215,329
28,421,129
taxes- —!_-_———
•
$48,000
Corp/—Earnings—
after
Common
Earns,
of
End. June 30^
6 Mos.
Fed.
holders
income
"Includes
effective
for
40 453,018
158,963
3,461,461
3,529,045
charges-
;
.
1948
25-cents
Oct.
participating
a
was
paid
was
31,
4,187,919
150,442
3,597,820
deductions
fixed
,
■
.
payable
cents
under
stock
common
.
declared
17
Issued
was
-
,
par
distribution'of
This ^stoCk
Oscar
AUG.
lapprox.)—_
income
Miscell,"
Total
-
EIGHT
-
common
income
oper.
income
1945
Hosiery, Inc., a wholly-owned subsidiary,
'A
ry.
Other
1946
652,652
FOR
from
vy. oper.
rev.
'Net
Co.—Earnings—
1947
sh. '■
515,272
*.J,
The directors
Oct;
^
■^Railway tax accruals—
elected
was
as
1948
i_!
com.
31, 1947,
on
r
$
^
505,122,987 455,325,043
431,249,025 382,229,898
Equip. & joint fac. rents
and
1257.
p.
$7,'943,219
Rosaine
$
$
Railway
.
pel*
on
1948—8 Mos.—1947
1948—Month—1947
$
Resigns—
President, announces that Harold G. Cutright
director as of Sept. 2, 1948, and his
resignation was
a
all leased lines)
(Ir.cl.
1257,
p.
Net profit after prov. for inc. taxes & deprec.
Profit
ended
leasehold
amortization
950,615
.
property,
months
.
$1.08
railway—
from
ry.
—V."
*$764,873
.
$1.20
$1,317,516-
$1,143,543
1
oper.
ry.
Net
*which
120,808
______
"
$2,113,192
taxes.—V.
Orleans
Net
1,679,869
vote
New
income
^'Based
;
111,845
121,062
,1
(including' ambr'tfzition
4
nine
61,629
/
'
Gross
111.
$1,634,048
' 950,615
amortftatibh,!of
1946, $448,634
167, p. 1696.
1946
•
____^_
;
-!-r
.
for
•
902,000
;
shares______«__
share_^__—
NOTE—Provision
cluding
(est.
common
per
,i
:
61,489
_________
"Loss.
will
be
early
at
$66,500,985 $49,021,^392 $17,853,018
62,776,751
44,709,998
20,274,363
1,126,697
959,570
1,652,658
******..0.!*:!.
refund*._!_^____,._w^___
profit
Number
35,247
^ •.
deductions,
Income
.
•
'
& Type Co.—Plans Stock Dividend—
will
EARNINGS
1947
'
From Jan. 1—
(Oscar) Nebel Hosiery Corp., Verona, Va.—Earnings—
;
depletion
August—^'
split-up. and
a.
165,213
.$525,695
sales
'Net
$66,465,738 $46,959,763 $17,741,173
income
of products
Admin,
1948
.
*'
'
'
$159,035
Divs. applic. to preferred stock for the period—
representative
('"Earnings
"
9 Mos. End. May 31^—
Net sales
t
1
'
*,
$1,216,829
6 Mos. End. June 30—.
tNet
bonds
1',
75,000
$2,351,187
Gross, from railway
Net from railway—-—.
-11! 'will
p.
$1,960,383
National Vulcanized Fibre
ihcome
bn
per
Bayment
1948/
Chicago,
-leasehold
redemption
$1,002,516
250,000
210,000
under
after
are
McNamara,
director
Murray Corp. of America—Earnings—
Miscellaneous
have
company
resigned
a
'■
:
$1,393,543
250,000
250,000
deducting costs,
and
employees
to
$0.81
dividend
officially accepted
.
2791.
p.
Nov.-
'
9,234,441
Buys Frostair Unit—
above.—V.
Motoramp Garages of Illinois, Inc*—Bonds Called—
dated
stock
the
mussen's
General Tire
$2,363,192
1,272,070
dividends
ciation
Split Shares
on
1,183,850
National Tea Co.—Director
'
••"-'•
Motor Products Corp.—Unit
$3,873,257
*
Period End. Aug. 31—
639,494
516,253
(«st. ►
effect
2,112,336
stock
common
will
on
The
614.206
!
540,039-
held
action
755,500
above
illustrated booklet.—V
.
See
inch
Application
:
railway.
276,130
bbr shaie on
1,960,000 shares __i_
2363.
90,488
83,539
$1.3-26,370
386,411
held.
1945
"
$1,007,132
462,307
salaries
for
.
$1,815,604
effectiveness
holders
$262,105
-
From Jan. 1—
Gross
1946
$303,720
106,041"
income!!.
oper.
1947
$265,700
84,202
v
be
$2,125,496
National Supply Co.
1948
$318,997
V
$1,900,885
299,088
Earnings
without
168,641
1,099,000
com.
stockholders
100%
Upon
liqui¬
1,954,678
:
railway^_;__
railway..!
p.
authorized
RR.—Earnings— *
from
167,
pay a
Value),
August—
96,570
.
$3,574,169
cohtir.geftciea!_
for atidl, wagtes
-V.
stated
Gross
-
94581
Operat'g income avail,
Net
$3,083,245
taxes-
profit,
per
$3,681,221;
reserves,
388,929
,93,000
_____!_
taxes
and
' <'.'/• ;'^rZ-y
-
$-2,971,161 112,034
:
income
amortiz.
price
inventory
472,004
for
tRts.
deprec.,<deplet. and
$20,155,400; common stock (6,502,378 shares no par,
value), $211,231,385; earned surplus, $186,576,200; total,
$564,884,648.—V. 168, p. 1045.
:,V
at
deductions
V.
LIABILITIES—Accounts payable, $49,501,428; due customers, $11,227,accrued expenses and miscellaneous taxes, $13,242,421; Federal
for
554,814
'
•
•
____!_I.
■V"; National Paper
reserves
75,970
$1,767,087
344,120
lossesj|^,_
.
•■■
•
shares
•
173;
decline,
gen-
outstdg.
share
NOTE—-.Provision for
•637,395; total, $564,884,648.
$43,269,420;
68,526
$1,490,642
.
Operating income
Other'; income _*!
to
Director—■
on
1948—3 Mos.—1947
_!____!
Earnings
$29,877,043;
receivables
met)/: $166,939,160;
merinventories, $309,(792,519; prepaid catalog costs and expenses,
$19,136,531; fixed assets (at eost," less depreciation
reserves), $39,-
taxes,
1121,456
$2,466,489
•
71,511
*
par valUe into • four
value" of $12.50 a share.-^-V; 167,
^W. :■;!^
par
'
profit
Common
ASSETS—Cash,
income
stock
1,358,014
income
for
Net
:v.
of
•chandise
4
will
taking
sold12,179,117
income
Prov.
.
..
BALANCE SHEET,
the
of
expenses
Other
t$4.57
offering
$1,350,605
$1,621,294
69,824-
$4,128,983
'
Non-recurring
the authorized
$16,508,292 $12,378,574 $31,896,366
goods
Total
'^including depreciation ah'd amortization, $1,643,394 in 1946, $1,629,463 in 1947 and $1,638,969 ih
1$46.
tBefore Inventory reserve; after
invehtory reserve the earnings are equal to $3.80 per commOn share..
JNuhrber
and
common
V; •;
Operating
$5,217,147
$4.58
1945-
.1946
1947
$2,235,010
(110,023
'
1 4,636,014
6,502,378
share»__
of
Other
a
.
.
War emergency, expenses
health
,,
earned
director.—V.
a
stockholders
of
stock
common
Selling, admin, and
20^556,600
"705,439
5,217,147
705,439
6,502,378
,*-_l
shares___'
of
considering
share
sales J—
Cost
;V
week
205,925
Retroactive wage adjust.
common
ahd
shares
and
National Gypsum
Co.—Earnings—
';•
dividends."—..
per
•
1948
V
Distfibutioh, Etc.^—
1,790,800
special meeting
Period End. June 30—
--^-1
carried
common
24,558,600
v
or
is
pre¬
eompany»
increasing
on
to
from
1259*' V", ;*•:;
16,715,000
17,624,394
of
each
■*:*• y.-i-
inventory
Surplus
Earned
41,273,600
13,910,000
30,455,479
dividends.;—,.!!—v—J--
Common
.31,534,394
21,485,000
_
period—...
decline
Class A
51,940,479
meeting
purpose-
p.
Profit
special
the
week
$3,923,058
operating profit
Gen. & admin, expenses
1046. "
electing Harral S.
change of
share*-of
560,986,946
sales
Of
1947
$
?
A
kwh.,
corresponding
...
had
par)
per share ah'd
Proceeds will be
assessment
life
($10
$30
at
an
shares
National Enameling & Stamping Co.—To
Inc.—Earnings—
*
24
by.-products___t
other oper. Income J
Net
-
.
output
3.11%,
reports electric
468,184
the
notification Avlth the SEC
15,000
underwriting.
from
Nov.
on
account.—V.
consider
W<
Montgomery Ward & Co.
of
for
,
Total
_
Moines, Iowa—
'.V > ",v' v'''; !■,
J!"'
letter of
a
common
reserve
from
.Tlje stockholders'
.
Sept.
of
Misc.
*
•
Des
National Container Corp.—To Vote
,
for the
''Sales
Sales
$1.69
backlog of shipments w,as $2,272,000 on June
30,
with $1,230,000 at the beginning of the year —V.
168,
kwh.
stock
capital
-
15,036,925
3 Mos. E'nd. June 30—
receiver for the
filed in Federal
dividend, Which is expected to be declared and paid in
1948.
*
.-v.'«v
v
th. connection yvith the stock
distribution, the company- proposes
to
354,£78
increase
an
*
Baker, its President and
National Cash Register Co.—Stock
$4,464,292
254,100 v-
:of
Association—Output—
this association
24,
is
.
output
1257.
B
10%
Sept.
This
New Jersey Zinc Co. (& Subs.)—Earnings—
.
per; share
without
the transformation
$10
common
1147.
P.
that
5,000 shares
finance
_
compared
$0.49
reported at 142,931,000 cu. ft.
This is a decrease, of 2,102,000 cu. ft., or 1.45%
below production of
145,033,000 cu. ft. for the corresponding week a year ago.—V.> 16b,
*
the
$3,748,244
by Mr.
at
company's
.
$60,308
$0.73
.•
i
last February and that still continues
Baker and that he had adopted and executed
"Of'.deliberate
association
a
160,357
•
,.
,
The
1948—6 MOS.—1947
$2,146,247
r
146,953
:
:
ferred.
taxes
charges-
shares
Earnings
1948,
after
other
$110,918
—_
ago.;
Income
Co.—Earnings—
$2,082,289
~—*—
caused
surrendered
of
.production
Gas
..
1
1948—3 Mos.—1947
stockholder.!,
National Benefit Insurance Co.,
Files■ With SEC—::.^;J:v"v
the exchange
have
15 against the line and George T;
.
of
ended
kwh.-
plaintiff llse A. Woenckhous Johnson, charged that the. strike
The
Monarch Machine Tool
Period End. June 30—
$290,426
■
Vl.!■'.
•
on
suffered
Pipe Line Co..;.
common and 667,161 shares
Pipe Line Co.
November,
taxes
-
a loss of more than
$Iw0,000, the stockholder asked that Mr.
.Baker be required "to pay and
i^tore" to the line this sura khfl "such
damages as. may .be found to have been suffered by NatiOhal in conse¬
quence of his negligence, improvidence and illegal conduct."—V.
168,
p. 1257. '
\..! •„,./,/!
'f:
■!
■
into
went
36,903
'
Asserting
on
of
stock
outstanding 631,952 shares of
stock
B
class
of
Federal
____
provoca'tion of strikes and labor disputes,
bargain; reSasal to comply with the provisions Of- the Civil
Aeronautics Act and of the
Railway' Labor Act!'
;
Sept. 27 Voted to extend
the .exchange offer under the
"Mokan", plan from Sept. 30, 1948, to
Sept. 30, 1949, William G. Maguire, President, announced on
Sept. 28.
Under the plan, shareholders
may surrender nine shares', of common
stock
DrlO.556
$29*9,198
Cr8,773
$251,732
! Policy-
a
: :
a
67,982
1925.
15,505,109
above
refusal, to.
^597,376
Missouri-Kansas Pipe Line Co.—Offer Extended—
stockholders at
965,795
$241,176
of
airline's'pilots ,that began
had, been
,
629,557
„
The
167, p.
$97,271
!
tax
For. the week
■
856,254
appointment of a temporary and a permanent
was asked -in "a" derivative-stockholder's suit
of, the
'.'*•*
'
1147.
:
$666,597
loss
The
.
■; 268,308
16,832,656
443,572
1947
$615,078
——
p.
•'
122,977
railway,.—
21,737,778
19,322,175
railway!^::!.!'. 1,630,732»: 2,211,869
'•Deficit.—V.
income
1947
$l78,9fli
—_—___—
New England Gas & Electric
1948
•
—„j«
income.:
$2,454,258 i
>
321,853
-
! 68,464
,
"I,
...
(netl
.
oper.
—V.
Strike Acts Basis for Receivership Suit—
1945."-
$2,562,182'
'
from
from
1948
profit
Net profit
Earnings per class A share
v.",:-.
;
Provision for
mem¬
subsidiary, to"
who resigned.—
1946
ry. oper. income.'!.
From Jan. 1—
ry.
;
•
company
276,899
Net
$2.19
year
Court Sept.
$2,624,611
Net
1297.
revenues
'■
888,594
_
Net
Gross
160, p.
that company has ceased
v,
$3,566,759
from
225,000
$1.70
Net operating loss__.__
Other income and ' deductions
a
Baldwin,
yailway_r'_!!_
Net
$553,507
225,000
Federal
.
Vice-President
•J
August—
-
$441,602
—
share——
Operating expenses *___!.
Minneapolis St. Paul & Sault Ste. Marie RR.—Earnings
>
Operating
339,246
outstanding—
common
-
.
Nine Months Ended May 31—
272,865
profit
Net
holding
a
taxes—_i
Month of July—
-2790.
SEC
be
income
Operating
Minneapolis Gas Co.—No Longer Holding Company—
The
to
$892,753
National Airlines, Inc.—Earnings-
sales.
executive
the
succeed
1947
$714,467
—_
3
...
in
charge
Baldwin
ber
—v.
Lccomoriye Works has elected James R. Weaver as
charge of manufacturing, John S. Newton as Vicecharge oi engineering and R. Nevin Watt as1 Vice-Presi-
Vice-President
of
•
Baldwin
The
dent
Federal
Net
Co(.—New Director, etc.— -V- V''
Midvale
(1365)
Nestle-LeMur Co.—Earnings—
1948
—
.
'
■
3b,'<05
1,065,169
130,032
CHRONICLE
20,801
13,532
1,271,738
'
income—
945/
v'.\„
FINANCIAL
Six Mbnths Ended June 30—
after charges—.:
■
1,175,099
7,284
'—
&
Profit
30,086
V
7,132
1,358,639
360,817
•
railway
oper.
ry.
'
,
railway!—
from
from
Net
1946
$151,398
.
32,52a
29,675
income..*.
oper.
Jan.
Prom
$152,760
railway--—J.¬
from
Net
railway-—_
COMMERCIAL
Muskegon Motor Specialties Co.—Earnings—
19.47
1159,613
.
from
Gross
Earnings—
RR.-
1948
August—
Gross
THE
railway
-
railway.-
oper.
income—.
,FTOm Jan. 1—
Gross
fi'om
Net
from
Net
ry.
.
-
'
railway—!.*.
6,711,745
5,700,421
5,239,978
5,260,287
railway—!_!_
1,656,-916
596,462
1.085,037
income.—
633,733
891.116
200,158
"26,975
426,786
oper.
"Deficit.—V.
168, p. 1146.
10
THE
(1366)
COMMERCIAL
the
Norfolk & Western Ry. Co.i-Earnings—
hearing,
the
trial
&
FINANCIAL
examiner
said
that
the
CHRONICLE
SEC
would
consider
after
the company's request for exemption from the competitive bidding
requirements ol the Holuing Company Act.
By the time the SJ5JC
reaches a decision on this phase of the matter the company may ha~
negotiated sale of the stock.
•
\
first
Period End. Aug. 31—
1948—8 Mos.-^1947
1948—Month—1947.
$
*
Railway oper.
Railway oper.
14,723,287 121,372,809 106,976,643
8,955,587
81,874,093
70,263,557
revenues-
17,044,625
expenses
10,752,217
revenues
6,292,408
5,767,700
39,498,716
3,252,629
2,957,011
22,404,003
Thurman
his
Net
ry.
oper.
Railwaly
tax
accruals
36,713,086
20,584,687
attorney
participate in
to
for Otis & Co., received permission
the hearings on
the ground that
the
already
Co.
&
decided
SEC
that it is opposed to negotiated sam of
SEC
2,810,689
17,094,713
16,128,399
Cr721,986 Cr8,478,301 Cr6,533,197
Drl7,961
Drl30,903
Drl23,015
Railway oper. income
3,039,780
Equipment rents (netl
Crl,077,026
Joint, facil. rents (net)
Drl8,949
Arnold,
client
company might bid lor the stock if
be sold at competitive bidding.
Otis
Net
ry.
3,514,714, 25,442,111
4,097,857
income
oper.
income
22,538,581
1,095,366
1,183,875
100,143
-
145,440
Total
income
3,660,154
156,528
170,328
26,537,477
1,281,319
23,722,456
1,366,003
4,041,473
Sinking and
4,198,001
3,489,826
25,256,157
22,356,453
.......
funded
on
debt
funds-
res.
appropriations
97,468
Net
profit
Class
B
ltib,ob7
200,000
686,264
1,200,000
—V.
23,144,948
3,207,039
'
after
profit
Corp.—Earnings—
1948
t$470,818
i
bonds
•«
current
class
1945
t$293flpfe>
purchased.
fLoss.—V.
167,
North Central Texas Oil Co.,
$35,490
t$325,295
tDoes
2792,
pp.
not include
2364.
Months
Ended
June
30—
Operating
1948
income
Net
before
1947
$189,879
39,348
31,970
76,590
income—
interest
and
51,512
$165,224
Federal
$106,398
1,238
taxes
1948,
class
stock
B
of
is
to
were
$716,764,
equivalent to approx¬
198,891 shares of class B stock outstanding,
charges, taxes and provision for $2 dividend requirements
167, p. 2364.
The
its
Proceeds
Va.—Registers
C.
F.
the
($1
Cassell
total,
of
rate
be
$107,685
167,
par)
&
226,800
company
Bank
$0.47
If
Definitive
2Vi%
for
used
to
of
The
common
shares
shares
new
defray
to
cost
be
will
for
each
of
offered
to
held
one
plastic
new
National
Bank
N.
and
Y.,
serial
debentures,
dated
May
1, 1947, are now
exchange for temporary bonds at The Chase
City of New York, 11 Broad St., New York,
the
of
Harris
at
Trust
&
Savings
349;
p.
Chicago,
Bank,
111.—V.
168,
'1:o
Oct.
7.
Electric
States
output
of
this
advised
price
,
special
A
meeting of the stockholders will be held on Oct. 4 to
increasing the authorized common stock from 4,000,000 to
12,500,000 shares and reclassifying the 3,518,889 shares of the pres¬
ently outstanding common
stocl^, by increasing such
retire
27
filed
shares
($5
$2,500,000
Minneapolis
that,
based
of the stock
be
and
registration
a
par)
2317.
p.
9,527,623
ferred
of
loans
owing to the
betterment of facilities.
for
Proceeds
of
eliminating all references to the cumulative
serieS' (which1 "has been Retired) and set'forth
$5'
rightS
and privileges
directors
to
stock
and
vote
Co.
Power
now
the
cumulative
the
stock, $4.80
preferred
of preferred stock, $3.60
cumulative voting for all shareholders in the election
limited preemptive rights for common stockholders;
$4.80 series;
also
of
pre¬
on
(a
resolution
Delaware
issue
corporation)
this
of
to
corporation
outstanding.-
and
deliver
Northern
the reclassified shares
surrender
upon
to
to
_
it
'./S
\
,
the
of
the
upon
be
$1.55, subject to
167, p. 2690.
First
of
common
of
office
Federal
for
of
Power
Commission
elimination
from
market
present
$20
share
a
$3,385,880, representing excess
Including amounts written olf.
electric
20
plant
accounts
excess
the company's., plant
became, effective.—V.
947..1,';
Northwestern
its
treasurer,
(PDT),
From Jan.
Net
ry.
uniform /system
of .accounts
\K.,
;
Market
245
$651,604
$605,030
railway
oper.
Net
94,654
175,870
65,922
26,731
103,520
Federal
Power
issue $700,000
issue
up
The
first
dated
Sept.
at
plus
99
23
authorized
the
company
the bonds,
pending sale of
notes
to
be
secured
by
a
bonds.
The Commission's order provided
notes should not be issued if the sale of the bonds
first.
'
mortgage
1,
"
.
" '
:
bonds
are
proposed
to
be
3 V2 %
1943, and to mature Sept. 1, 1978,.
interest
accrued
the
Court
said
company
sale
of
of
Division
in
securities
to
the
to
United
satisfy
its
are
A.
C.
Allyn &
They
Co.,
series
to be
are
Inc.
to
application
be
to
States
to
posted
for
judgment
a
the
the FPC
as
District
against
of
proceeds'
that
collateral
with
South
Northwestern
the
Public
serial
funds
returned
debentures
company.—V.
for
168,
it
to
to
in
retire a portion of the
$1,300,000
authorization
is
being sought
which
&
by
The
Capital
intended
to
be
of
a
made
block
of
Sept. 30,
400.000
has
shares
been
of
Offering
deferred
common
for
underwriting managers, The First Boston Corp.
Pierce, Fenner & Beane. announced Sept. 28.
SEC Hearing
A
of
hearing
400,000
was
held
on
the
on
shares
Sept.
Stock
several
and
days,
Merrill
par)
sale
De¬
stock
of
the
Oklahoma
on
for
24-hour
company
Holding Company Act,
Standard
call
of
to negotiate
Gas
Trial
ua
requested
Examiner
'.
,
that
James
the
G.
underwriting contract.
Power
Light
&
Stock
Co.—Common
stock
common
stockholders lor subscription at $16.25
common
The offering to stockholders
share
for
with
the
hearing
Ewell
Rather
be
to
adjourned
permit
than
Sept.
on
63,000
Drexel
are
.'
28
was
at the rate
^
■
-
filed "a
shares
&
Proceeds
directors
In
,
($100~~par)
Philadelphia,
Co.,
will
registration
—V.
the
postpone
Mos.;
and
12 Mos.
Ended
Mav 31/48
$i.i5
now
$355
outstanding.
BALANCE
v
'
SHEETS
Aug. 31/48
May 31/48
$16,112 227
$5 620 717
9,047,229
8'442i420
lo|052,287
■■
_
Treasury bills
(net)
lo]496!609
assets
626,254
6,937,025
1.531,211
equipment (net)
deferred charges-
626,254
7,059,234
and
and
one
1.659,728
year)
$250,000
$250,000
3,432,282
3.417,042
3 020 959
2,888,624
6,584,508
6 290,000
payable
and
accrued
1,875,000
1 937 500
805,444
;
—
'737,298
2.600,000
2,000,000
7,366,040
surplus
168, p.
18,542,448
16,216,050
$44,872,764 $33,340,431
1047.
electric
week
of
ended
output
Sept.
of
25,
4,242,000 kwh.,
168, p. 1258.
this
1948,
3.1%,
or
corporation
amounted
the
over
Philco
and
its
—
subsidiaries
141,721,000
kwh.,
Woods
the
has
been
handles
motor
equipment
the
elected
to
the
Vice-President
development
car'industry
communications
and
forces
armed
equipment
and
also
sale
well
as
developed
Following
the
war, Mr. Woods has
Division.—V. 168, p. 948.
Industrial
been
Phillips-Jones Corp.—3-for-l
connection
with
the
distribution
tional shares of common stock for
Stock Exchange ruled that the stock
Sept.
the
year.
Industrial
Philco
of
automobile
aircraft
radio
industrial
as
and
the
of
of
sales
13,
1948.
See V.
168, p.
Manager of
and
electronic
manufactured
corporation.
In
for
increase
an
corresponding week of last
Corp.—New Vice-President—
J.
which
to
and
to
—V.
is
the
by
the
company's
Split-Up—
Sept.
on
each
be
10,
share
quoted
1948
of
two
addi¬
held, the New York
"ex" this distribution
948.
announced
company
Sept.
on
23,
dropped
1948,
and
Prior
made
the
of
the
which
time
Todd
name
Port
Adams
acquisition
of
the
facilities,
to
produce
266,000
tons
popular
nitrogenous fertilizer.
already
available
operation
early
contracted
Dec.
per
half
1948,
of
year
Because
site,
1,
of
and
the
production
Army
ships supplied by
Anhydrous ammonia will
buildings
Ordnance
the
Army
be
works
1949.
at
supplied
Etter
near
already '
of
the
been
de¬
sulphate,
and
be
applied
preferred
and
The
toward
with
/
the
in
the
has
deliveries
sulphate
Texas
have
fund
May
Trenton
168,
plant
also
is
stock.
First
Under¬
In
constructing
addition
property
will
Corp.,
chemical
operations
terminal.
The
will
ammonium
an
in July.—V. 168,
1258.
p.
1,
been
called
monies,
1S53,
Trust
for
$50,000
at
100
and
trustee,
Co.,
redemption
of
28
on
Nov.
4 %
extended
interest.
first
Payment
West
8th
1,
Street,
next,
out
erated
Panhandle,
be
nitrate
plant
Etter,
near
Trenton,
Effective
prices
prices
as
In
Co.—To
Offer
directors
Sept.
23
authorized
the
offering
$16,400,000
of
the right to
subscribe pro rata at par to $16,400,GOO of 3% convertible
1, 1963, subject to approval by the Illinois Com¬
Commission and registration of the debei tures with the SEO.
debentures,
due Dec.
debentures
of
Oct,
be
$100
be
for
22, nl048.
for
Dec.
f.
thereafter
and
of
offered, to stockholders in the ratio
four
'shares of -capital stock held
subscription
debentures
capital stock
1963,
following conversion
be
each
The
eafib.;$lG0
convertible into
than
to
are
debentures
unless called
prices:
through
Dec.
through
1,
price
of
the
subscribed.
of
the
Dec.
at
1,
is
debentures
to
are
at any time not
redemption, at the
company
for previous
1958,
debentures
The
of
of
1953,
$105
per
at
$100
share;
7:00
also
make
Phillips
used
in
Coastal
be
rebuilt,
to
by
on
its
waters.
used
as
an
and
for
export-import
temporary
shipways
way
Petroleum
foreign
The
Co.
for
activities
Port
and
storage
space.
The
shipment
and
its
of
drilling
facilities, will
with the nearby petroleum products
the Ship Channel near Pasadena.
be
op¬
terminal
Kansas
Arkansas
and
crude
the
upon
where
the
expenditures.
He
oil
further
future
for
crude
off-shore
in
industry
price
posts
posting,
civilian
a
schedule
of
that inasmuch
discoveries
K.
S.
of
demand
Adams,
and
the
petroleum
the. obligation
stated
oil
waters,
it
oil.
increased
stated that the unprecedented
military
requirements
for
all
upon
industry
Sept. 28, 1948, the company increased its posted
barrel on all grades of crude oil at all points in
a.m.,
per
purchaser of
a
forced
stockholders
to
owns
commenting
ardks
Coke
Gulf
Oklahoma,
increasing
J.—
used
plant the
Port
Adams
expansion
of
the
company's
further
will
being
removed
supplies
cents
35
President,
N.
for
and
are
sulphate
conjunction
now
of
350.
p.
be
in
in
bonds,
made
Debentures for Subscription by Stockholders—
later
This
Increases Posted Prices—
at "the
mortgage
will
and
ammonium
used
being
also
operations
Phillips
be
docks
are
material
on
cents
the
to
construction
Boston
$100,000,000
buildings
Peoples Gas Light &
record
be
from
which now produces 200 tons of ammonia per
day, was leased
Phillips Chemical Co., by the Army on Aug. 16, 1948. The
company
is
now
rushing construction of additional facilities to increase the
plant capacity to over 400 tons A day which is sufficient to make
approxmately 500,000 tons of nitrogenous fertilizer a year.
The com¬
located
The
been
will
docks.'
company's
the
to
'
sulphate
All
to
the
Peoples Brewing Co. of Trenton—Partial Redemption
$100
a
facilities
capacity will be in
capacity will be reached
ammonium
30,
had
plant,
Texas,
merce
was
Adams,
plant's
total
of
June
until
to
Cactus
S.
has
ammonium
the
the
of
This
•
entire
to
K.
construction
1949.
plant's
made
the
on
before
in
The
Shipyards
for
Phillips
surveys of the properties, and
unit will be started
immediately.
chemical
signed
the
the
rechristened
company.
actual
to
at
facilities
preliminary
first
pany
statement
1047.
1946, $1 was paid in April, and 50
to
.
can¬
ihsidiary.
the
$18,463,937 $61,593,967
3,002,396
9,244,338
Total
each
Sept. 29 declared a dividend of 50 cents per share,
payable "out of this year's earnings" on. Nov. 1 to stockholders of
record
Oct.
9.
A
similar
distribution
^as made on
April 15, last,,
"partly from earnings of prior years."
In 1947, only one, payment
was
made—50 cents on April 15—alsoi from earnings of prior years.
the
company
in
Aug. 31,'48
1
shares
surplus
Earned
It
first
Lynch,
same
.
The
of
by the Standard Gas & Electric Co.
common
30.
of the
Oil
V. 168, p. 1047.)
York.
The
comply
.Counsel
$1,595,083
Pennsylvania RR.—To Pay 50-Cent Dividend—
the
When it scheduled the
hearing the SEC said it would consider the
application of Standard Gas for exemption from competitive
bidding,
and whether, if such exemption was
granted, the terms of the proposed
negotiated
underwriting, and sale of the stock
provision
$1,921,000
& Co., New York.
These securities are being sold for
certain present holders ^vhich include banks and trust
The statement became effective Sept. 29.—V. i.67, p. 1925.
covering
New
Sale—,
proposed
($20
stock,
by
with
the
Calif.—Earnings—
stock
Capital
2,068,358
on
company
writers
V.
marketing
shares
—
2,600,000
income taxes payable
long-term note payable
Net
on
program.—V. 168, p.
due
Co.—Stock
of
Texas.
The
There
Electric
ferred—
•
1,441,414
_•
Registers 63,000 Preferred Shares With SEC—
1257.
p.
Gas
deductions
of
new
see
sinking
Oklahoma
other
Fox
share.
one
tails
from
Service
of
Federal
Port
Western
of
Operating reserves
$3,663,441
eight shares held of record
Sept. 8, 1948. Subscription rights expired Sept. 23, 1948.
The underwriting group headed by The First Boston
Corp. and Drexel & Co. announced that the public offer¬
ing of the unsubscribed shares at $17.75 per share has
been completed and the books closed.
For further de¬
District
Dakota
number
liabilities—
3,752
$3,362,414
:
91V2% of the 316,863 shares of additional
SEC
'
decided
the
$3,659,689
1,737
Pennsylvania
sold
Utilities. Co. v. Northwestern Public Service Co.," a
Aug. 26, 1948.
On Sept. 20, the Court granted North¬
western a stay and fixed the amount of the bond at
$780,000.
The
company
stated
that
it
proposes
to appeal
the case to the U. S.
Circuit Court of Appeals and that if successful
in the appeal, it will
use
$3,360,677
Sold—The company announced Sept. 24 that stockholders
have subscribed for 289,936
shares, or approximately
be
"Montana-Dakota
case
,11,324,046
.V
The promissory notes are proposed to be issued to
The Chase National
Bank, New York, in the amount of $350,000 and to the First
National
Bank of Minneapolis and the Northwestern
National Bank of Minne¬
apolis in the amount of $175,000 each.
''
"■
The
F.
per
mortgage
consummated
P.
benefit
449,912
Sept.
plan
merged
that Phillips Chemical Co., a
wholly-owned sub¬
sidiary, has taken pesession of.-the* Todd ShipyardsvpropertV. (Houston
Ship, Channel.
The 338-acre
trac.t with
all docks, buildings,'!• sup¬
plies, and improvements, has been sold., to Phillips
by War Assets
Administration.
The
property
was
turned
over
to
the'
*815,422
on
be
$44,872,764 $33,340,431
Accounts
radar
12,623.165
;
company
431,720
promissory
would
corooration
Sept..20 filed a letter of notification with the SEC
covering'100,000 shares of -nonassessable stock ($1 par), to be offered
at 38 cents; per share.'? Underwriters are-Morgan & Co,;. Los Angeles,
The
375,153
the first
pledge of
31947
?
With SEC—
offered to
60-day
reorganization
a
Phillips Petroleum Co.—To Construct Chemical Unit—
892,721
mortgage bonds and,
on
Corp., Santa Barbara, Cal.—Files
4,280,325
of
equal
an
payable (portion due within
radios
$15,983,842 $14,983,735
•—
:
Stendel
"390,759
Commission
first
_
S.
Other assets
to
2472.
p.
3,091,787
$700,000
that the promissory
is
167,
4,521.860
Service Co.—Authorized to Issue
$700,000 Bonds and Notes—
The
1948
'
.
.
.
3L—
income
."1,011,168
income—
168, p. 947.
549.
p.
the stockholders will surrender for
they now hcid in the parent company
which
tax__
basis
current
Division
(net)
and
1,011,811
Northwestern Public
to
interest
Palmer
of
to
r
1
income
5,679,570
railway
■"Deficit.—V.
income
Gross
$663,181
143,798
168,
.
1945
139,286
subscription
subscription price
effected,
exchange
receivable
President
239,532
vote
•'
A®SE^S~
and U.
1258 and 1148.
pp.
deductions;*——;
revenue
companies.
1946
units
are'to
unused
The
1C94.
p.
the
The
St., San Francisco 6, Calif.,
Oct. 5.—V. 168,
on
operating revenues
Other
and
RR.—Earnings-
1—
from
from
■
1947
oper.
Net
the
$934,821
railway
railway
income-—
from
ry.
Net
total
a
ln48
from
Net
Net
Gross
Operating
the
Pacific
August—
Gross
over
accounts-since
p.
of
cost.,
the present disposition
original cost eliminated from
heretofore,
all
association,
CONSOLIDATED
Electric Co.—Bids for Bonds—
Operating revenues
of
original
over
brings to $9,136,686 the total
168,
proposals
record
mailed
debentures
subscription.—V.
Massachusetts
a
profit per share—i
Accrued
the offering
underwriting spread
prior to the offering
changes in conditions
12 Months Ended June 30—
Net
approved
is
chares
in
profit after
"On
conditions,
the
and
Pacific Power # Light Co.—Earnings—
—V.
Sept.
on
its
of
be
only in
LIABILITIES—
the stock to the public
stock
Accounting Adjustments—
The
company
will
22
voluntary
a
subsidiary,
merger
Leslie
v
■
of
•
sales—
Note
National
company is
8:30 a.m.
States
common
debentures
Ended
the
will
ir.viting proposals for the purchase as a whole of an
issue of $75,000,000 first and refunding mortgage bonds, series R, due
June 1, 1982.
Such proposals will be received by the company at the
provide for: three votes for each shaire
series;
and
shares;
stock,
relative
time.
time
,
Other
with
statement
stock.
common
that it proposes to offer
would
Pacific Gas &
The
thereof
nurpber
and
that
at
the
Oct.
on
company,
the
166,
Net
consider
to
(CST)
p.m.
void
the
Philadelphia Electric Co.—Weekly Output
company
Northern States Power Co. (Minn.)—To Reclassify Stk.
t
3
at
for
Inventories
and has been negotiating with an underwriting
headed by Glore, Forgan & Co. of Chicago and Kalman & Co.
Paul, Minnesota.
Company states that the public offering price and the underwriting
spread must be determined by market conditions immediately prior
to the offering of its stock and that
the proposed underwriters have
would
as
issued
3
(Del.)—Weekly Output—
for the week ended Sept. 257 1948,
compared with 56,302,000 kwh. for the cor¬
year, an
increase of 13.0#.—V. • 168, p. 1257.
last
week
Co.
Power
totaled 63,614,000 kwh.,
responding
the
Accounts
restore
Co., Fergus Falls, Minn.—Registers
Sept.
on
141,490
company stated
date.—V.
Northern
this
Cash
common
on
plant,
St.
of
delivery in
at
full
stockholders
receive
group
available
be
to
are
Permanente Metals Corp.,
Oakland,
statement with the
stock.
There are no
through underwriters
Northern Natural Gas Co.—Definitive Debentures—
'
,
of
issue
p
Debentures
become
in
Co.,
278,318
two
used
Tail Power
covering
be
2260.
p.
issued.
proposed
Total
The
$0.72
taxes.—V.
number
payable
in the
provided
With SEC—
68,040
$39,645
—
of
as
be
to
are
the
the
cash
price,
amount
SEC.
1948.
1948,
to
Property, plant
Otter
230.800
Capital shares outstanding
tEarnings per share
1,
are
payable
cellation
"Net
at
will
debentures
covering
the
multiples thereof.
stockholders to subscribe
wholly-owned
will
registration
a
working capital and provide new working capital.—V. 165,
"$6,639
Federal
Winchester,
filed
on
Of
stockholders
the
adjustment
name.
Inc., Charlottesville, Va., and
Co., Inc., New York, will solicit subscriptions from common
stockholders.
l,
of
Dec.
be
which
_
SEC
period
JBefore
Corp.,
Sept. 27
covering 325,000 shares
Gearhart &
the
statement
with
conversion
and
to
Pepperell Mfg. Co.—Plans Reorganization—
Net
but
The
subject
Corp., N. Y. City—Trustee—
Rubber
company
be
certain
or
warrants
'
173., 100
'
■"Deficit.
30,
June
With SEC—
1,288
$166,461
|
for
of
as
'
income
Dividends
Surplus
reserves
at $110 per share.
Any excess of the
share, is to be payable to the company
conversion
to
which
Nov.
rights
expire
$0.63
stock.—V.
A
underwriters
$281,161
-
Dividends
for
O'SulIivan
SEC
Inc.—Earnings-
Operating income
Operating expenses (including depreciation)
Depletion and properties charged off
Net
198,891
$0.74
The Colonial Trust Co.,
1230 Avenue of the Americas, New York,
Y., has been appointed trustee for $2,652,183.50 of certificates of
participation and beneficial interest.—V. 161, p. 992.
The
Three
$154,687
198,891
N.
1946
1947
taxes, depreciation, depletion and interest.
on
available
imately $3.60 per share on
after
20,470,189
chgs.
taxes
■"After
deducting
$100
—V.
North American Cenvcnt
and
after
assets
$175,649
—_
.—
per
conversion.
upon
Sept.24
about
or
The
—_
under
1963,
$100
of
are
registration
filed
1,
over
time
Subscription warrants are to be issued to stockholders
Oct. 22, to evidence their
subscription rights, and are to
1947
_
.
the
issuable
indenture
of
:
taxes
share
B
150 Broadway
12 Mos. End. June 30—
income
1148.
168, p.
at
conversion
A
the
Dec.
price
shares
was
1948
outstanding—
class
per
Current
168, p. 1047.
"Net
for
$4,490,970, including $1,427,577 cash.
Current liabilities were $1,450,761, resulting in net current assets of $3,040,209, a ratio of 3.0 to 1.
Operations for the 12 months endea June 30, 1948 resulted in a
on
3,777,338
after charges and
shares
balance
777,877
1,333,333
82,787
appropriates—
Misc.
—
of
upon
the
notified
the stock.—V.
cash
on
Earnings
Int.
has
through
conversion
in
should
it
Oliver United Filters, Inc.—Earnings—
Three Months Ended June 30—
Other
that
Monday, October 4, 1943
products
have
making large capital
as
in
the
deeper horizons,
and
the
most
United
remote
promising
States
locations,
are
the
must obtain a price more nearly adequate to furnish
the funds required to cover presently inflated costs of
finding, drilling,
and
producing additional crude-oil reserves, or the search for new
now
crude-oil supplies must be retarded until lower costs again prevail.
In this connection, it should be recognized that published
earnings
most
oil
companies are inflated because they are' based
upon
6f
selling crude oil and products which were acquired and developed at a
much lower cost than the present replacement cost, stated Mr. Adams.
This cpmpany contemplates retaining an increased portion of its 1948
earnings to provide for these high costs of replacements and addi¬
tions
quate
set
to
capital assets, he said.
income tax laws,
Federal
out
aside
per
share;
abnormal
and
there¬
Mr.
of
current
increases
Adams
in
the
However, under the presently inade¬
it is not possible for tax purposes to
income a reserve sufficient to cover the
costs
added.—V. 168, p.
of
1258.
replacing
and
adding' to
assets,
THE
Number 4739
168
Volume
cost,
Output—
Engineering Co.—Weekly
Pioneer Service &
Cental?'anTJoyalUesinc.
43,400,463 108,842,427
49,676,972
150,704
Int., divs. and misc.
Total
sell.,
82,924,123
40,811,327
37,924,378
92,810,161
depletion---
312,459
280,271
580,913
567,365
1,272,969
145,523
990,746
2,357,015
152,679
288,650
1,990,815
313,937
4,517
7,009
13,021
22,866
2,724,911
1,443,061
4,964,761
3,403,303
for
amortization
Interest
_
deductions.
Misc.
Provision
taxes
-
income
$377,552;
Federal
taxes
on
Condenser
York,
Sept. 13 offered
on
$300,000 6% sinking fund debentures due April 15, 1958
and 30,000 shares of common stock ($1 par) in,, units con¬
'
sisting of
$1,000 debenture and 100 shares of
unit.
one
common
stock at $1,000 per
before
Profit
credit
Profit
Transfer
special
indenture,
of
disposal
on
5,545,217
8,113,614
2,740,932
4,555,969
—
for
Trust Co.,
Colony
Old
and
5,679,261
continuous
23,236,511
11,078,675
20,739,026
8,882,165
(energy saver) electrolytic condenser for " power factor" correction;
(2) constructing and operating a pilot production plant; and (3) Issu¬
27,792,480
Earned
13,819,608
28,852,640
14,561,427
1,060,148
741,830
2,120,308
1,483,650
26,732,332
surplus
13,077,777
2,120,319
2,119,197
$2.15
$1.29
26,732,332
2,120,319
$3.83
13,077,777
2,119.197
*$2.68
be-
at
to electrical
ing licenses
Divs.
stock-,-
com.
on
and
facture
of
sale
of
period
shares
Com.
Earned
outstdg
per
♦Based
share_
com.
profit before disposal of properties.—V.
on
patents to manufacturers of electrical equipment.
In addition to the
basic patents to be owned by the corporation, it will be the policy of
the
corporation to secure the broadest possible patent protection on all
its developments.
Corporation plans to apply the basic knowledge
of
168, p. 487.
other new developments in the
electrical
and
electronics
fields.
The principal office and place of
business of the corporation at the present time is located at Room 505,
60 State Street, Boston, Mass.
gained
Pittsburg & Shawmut RR.—Earnings—
1948
1947
1946
1945
railway
railway—
$303,106
$205,937
75,151
$210,663
$119,102
57,903
22,126
Harold
income
35,297
53,507
37,723
19,150
85,000
Augustfrom
Gross
Net
from
Net
ry.
oper.
Prom
Jan.
Net
from
Net
ry.
—V.
2,143,407
567,431
353,741
437,123
income—..
Railway
oper.
oper.
expenses.
Net
from
revenue
operations
ry.
Net
$818,544
665,572
596,791
Other
income
Total
lixed
Total
the
20,681
10,737
146,445
$6,729,778
$4,795,326
183,517
143,723
1,454,446
3.439
3,404
32,951
997,318
27,373
deducts..
Pluto
$567,538
$5,242,381
$3,191,174
tion
Sale
the
of
makers of Pluto Water to meet a debt
Sept. 23, according to an Associated
dispatch from New Albany, Ind.
.The
mortgage
foreclosure suit was filed by the General Phoenix
Corp. of New York against the Pluto Corp., manufacturers of mineral
asked
the
property of
in
Federal
Court
The
the bulk
loans
;
Phoenix
of
which
note
a
Pluto
the
claims
concern
was
plus interest make up
1947, for $150,000.
the suit charges.
Other
Plymouth Rubber Co.^ Inc.—Omits Common Dividend
*>
The
directors
the
the
share on Jan.
15, 1948; 12'/2 cents on April 15, and 12!/2 cents on July 15.
Joseph
M.
Hamilburg,
President,
issued the following statement:
"In view of the dividends already paid which have exceeded earnings
to date, the board of directors voted on Sept, 23 to omit any dividend
•
stock
common-
has
company
action
the
on
of
to omit dividend action on
During the current fiscal year,
voted
23
this
at
the
time.
dividends:
following
stock at this
common
"Resumption
earnings.
"The
Sept.
on
due
paid
dividends
25
cents
dependent
has no funded debt, no bank
outstanding.
Net
current
assets
loans
company
ferred
stock
amounted
to
SALES
at
and
no
31,
Aug.
loaned
is
SIX
MONTHS
ENDED
MAY
1948
sales
profit after charges and Federal
-
share
$256,630
and
-
pre¬
31
to
with
compared
total
due
$0.17
including
called
Mr.
W.
Falls Ry.—Partial Redemption-
for
redemption
Nov.
on
the
Estate
Realty
important
Jr., Vice-President and
has been elected a Trustee.
is
also
Board
Director
a
New
of
Advisory
Board
committees of
and Managers, Inc.—V.
1,
SEC
Powdrell
of
the
York,
next, for sinxing
Inc.;
Labor
on
Director
&
'
President
Relations,
of
Cushman
and
Inc.;
of
of
&
Director
and
serves
Building
the
of
on
July 3,'48
to
sales
R.
Earnings
•After
period
577,838
A.
$0.70
$1.87
.
994,033
600,000
$1.65
charges and taxes and after providing in each six months'
for contingencies of $200,000.
reserve
CONSOLIDATED
BALANCE
(Including Gosnold
ASSETS—Cash
Government
reserve
600,000
share
per
all
a
whichever
banks
obligations,
for
Inventories
in
discounts
on
is
the
Mills
on
$9,480;
of
cost
JULY
hand,
$1,424,113;
accounts
(first-in,
3,
1948
Water
&
stock
United
the
Nov.
Indiana,
of
the
preceding
aggregated
receivable—trade
(after
$124,428), $2,325,581;
basis) or market,
of
first-out
31,
Aug.
company
has
months.
in
12
$34,560,257
to $4.96
stock
common
for
asked
each
Curtain
Co.
less than
The pre¬
stock was
(51.3%
owned)—at
Indiana
per
share of
common
SEC
permission
to
redeem
$2,000,000
of
$200
of
debentures
within
30
days.—V.
168,
Service
The
company
15-year
company
asked
Electric
&
•Net
will
less
d
operation®™'"'4
than
3%
of
involved
use
$30,000,000
the
Sept. 30 for
SEC
offer
The
of
balance
sold
about
,*
istomers.—V.
its
168,
July 12,'47
July 10,'48
July 12,*47
$793,169
shares
Earnings
$733,031
$1,892,515
$1,693,940
805,045
805,045
805,045
805,045
$0.98
$0.91
$2.35
$2.10
outstdg.
share-—
per
•After
•
28 Weeks Ended
July 10,'48
profit
Common
interest,
deduction
for
depreciation,
Federal taxes, all
interest.—V. 167, p. 2691.
minority
other
charges
p..-:V'v>
,
and
'
•
Quebec Power Co.—Earnings—
6 Mos. Ended June 30—
Gross
1948
Provision
Prov.
for
for
Net
income
$2,393,853
1,702,156
1,439,600
258,952
234,967
225,000
225,000
182,712
167,891
$308,128
and
1946
$2,638,779
1,852,725
$308,763
$294,976
exps
depreciation
income
1947
$2,827,517
revenue
Operation, taxes and other
Fixed charges
—
profits
taxes.
.
250,159
225,000
!
184,116
Dividends
276,599
276,599
276,599
Surplus
$31,529
$32,164
$18,377
-V.
167, p. 50.
Radio
Corp. of America—Appoints Regional Director
for Far East Activities—
John
years
A.
was
company
Far
Miguel,
.
W.
Export
Executive
Sales
who
the
for
four
past
-
.
.
.
Hessinger, who has been
Controller,
as
Victor
Jr.,
General Manager of RCA Victor Mexicana, RCA's associated
in Mexico, has been appointed RCA Regional Director for the
East.
Paul
year
succeeds
Mexicana.—V.
168,
Mr.
with
Mexican
the
Miguel
as
General
company
Manager
of
for a
RCA
1148.
p.
Radiomarine Corp. of America—Sale to GovernmentWaiter
A. Buck. President, on Sept. 28 announced the purchase by
Signal Corps of 217 commercial-type marine radar units.
for installation aboard ships of the U. S. Army Transport
the U. S.
Scheduled
Service,
the
units
commercial
orders
have
and
consist of
radars
received
included
neers
U.
the
surface-search
latest
and
Represent one of
Radiomarine
to
date.
by
units
the
3.2-centimeter
largest
Other
single
radar
government
sales
to
thq U. S. Coa.st Guard, Army Corps of Engi¬
Navy.—V. 168, p. 1258.
S.
Railway Express Agency, Inc.—New Vice-Presidents—
Promotions
been
of
announced
Alfred
L.
Operating
L. O.
by
Hammell
has
Vice-Presidents,
Head,
effective
Oct.
have
1,
President,
been
appointed to the newly created position
of Executive Vice-President, New York City.
Mr. Hammell has been
Vice-President
of
the Central operating
departments, Chicago.
Whitworth
M.
Smith
has
been
named
Eastern
Operating VicePresident, New York, succeeding Clifford R. Graham, who will retire
in the near future, after 53 years of continuous service.
Mr. Smith
has
been
Vice-President' and
General
Manager,: Mississippi Valley
department, St. Louis.
' **•
••'■■■
"
11
William
J.
MacGreevy
becomes 'Operating Vice-President - of
the
Southern departments,
Atlanta, Ga., succeeding W. W. Owens, who
will retire after 56 years of unbroken service.
Mi*. MacGreevy has
been on
the staffs of the Operating Vice-President at Chicago and
San
Francisco
and
during that time has served on
the Express
Agency's Committee on Personnel and Labor Relations
John
R. Marra
will be Vice-President, Western departments, San
Manager
the
of
,
has
Reese
Mr.
Walter Reese.
Mr. Marra has been General
Northeastern department at Boston.
been appointed Vice-President of the Central depart¬
succeeding
Francisco,
Chicago, succeeding Mr. Hammell.
Until
they retire, Mr. Graham and Mr.
ments,
5
the
of
Owens will continue as
special assignment.—V.
168,
on
company
1149.
p.
Reading Co.—Earnings-
%
from
Net
from
Net
ry.
1,348,862
railway—
railway——
1947
$9,766,982
2,062.372
1,017,120
1946
$9,264,691
2,051,715
984,394
1945
$9,022,711
1,951,088
1,108,786
84,611,306
18,102,072
9,015,403
August—
75,562,042
17,596,817
8,211,932
65,606,472
10,045,666
4,065,246
76,154,444
20,700,750
9,386,985
1948
$11,234,014
2,643,430
income
oper.
From Jan. 1—
Gross
from
Net
from
Net
ry.
railway
railway.
oper.
income
Merger Ratified—
Sept. 27 approved an agreement of merger
providing for the merger into this company
.RR.
The latter's
stockholders approved the
consolidation on the same date.
Reading Co. owns 3,727 shares, or
about 95% of The Chestnut Hill RR. stock.—V. 168, p. 1048.
stockholders
The
dated
on
1948
24,
Aug.
Hill
Chestnut
The
of
Brothers,
Reeves
offered
Brothers
a
Offering—Lehman
secondary distribution
Inc.—Secondary
28
Sept.
32,000 common shares
■"
a
as
(par 50c) at $13 per share with
share.—V. 168, p. 1048.
dealer concession of 60 cents a
Reliable Stores Corp. (&
(Exclusive
Net
per
167,
com.
549,055
343,105
$1.60
share-
"
2297.
p.
Earnings of Frank Corp.)
1948—6 Mos.—1947
$5,042,632 $10,955,928
$8,814,570
485,379
825,811
764,529
355,126
343,105
355,126
$1.37
$2.41
$2.15
■■
:
'
$6,362,915
profit after taxes
shares outstanding
—V.
of
1948—3 Mos.—1947
Com.
Earned
Subs.)—Earnings—
Company's Share
of
sales
Net
Gas Co.—Asks SEC Permit
Debentures—To Be Sold at Competi¬
permission to issue
debentures.
will
$84,000
properties
..
Republic Service Corp.—Plan Approved
tive Bidding—
'The
about
of
12 Weeks Ended
1048.
000,000
and
Period End. June 30—
$50,-
>
the
bidding.
It
to
retire bank-' loans before
to company fufids to replace
securities
maturity.
Atlantic
common
compared with $4.55 per
For the same periods, operating
1948 and $29,603,808 in 1947.
outlays for construction.—V. 168, p. 1149.
of
Service
$8,991,400 convertible debentures due May 1, 1962. "The call for re¬
demption is to be, published Oct. 5.
The debentures to be called may be converted into five shares cf
p.
purchase
company^said
Purity Bakeries Corp. (& Subs.)—Earnings—
To Redeem Debentures—
The
and
the
"fringe"
company's
revenues
of
1948,
ment
stock
Public
announced that earnings of Public
also
amounted
Inc.
to Issue $50,000,000
States
lower, $4,665,488;
capital
the
gross
Gross
15.
ended
year
capital
President
six
prepaid insurance premiums and other
current
assets, $103,031; investment in capital stock of Powdrell &
Alexander of Canada, Ltd.
(22.8% owned)—at cost, $102,668; invest¬
in
to
also 6%, while 5% in
preceding quarters.
was
of
record
the
Public
Company)
Subsidiary
accounts
doubtful
and
basis
and
SHEET,
Corp.,
Gas
Gallagher, Presdent,
Co.
for
—:
June 30,'47
1,123,167
600,000
$0.96
outstdg-
423,971
600,000
^
shares
July 3,'48
each
of
for
6 Months Ended
$4,323,996 $13,604,951 $10,091,842
,646,451
profit
McLaughlin,
Period—
company
Indiana
orking
w
Electrification
Rural
of
County system, $74,000 series B
improvement
of
facilities,
and
and
1258.
p.
present
The
payment
in
holders
revenues
Subsidiary)
June 30,'47
to
of
stock
share
Alexander, Inc.—Earnings—
a
proposal to split the
The company will issue
held.
Payment of the regular quarterly dividend of 87V2c per share on
the 3V2%
cumulative preferred stock will also be made on Dec. 1
Service
Corp.,
a
share
common
from
held.
share
vious
Owners
748.
Mills
each
for
2-for-l basis.
a
Sept.
30
authorized
the
company
to increase its
2,000,000 to 5,000,000 shares.
The new shares
on
offered
be
disbursed
3 Months Ended—
♦Net
for
retirement
Lewis
Gas & Water Stock—
approved
28
cn
shareholders, and will reduce the company's investment to
21% of the outstanding stock of Indiana Gas & Water Co.
Division
Management
the National Association
168, p.
(Including Gosnold
Net
expenses
working
and
stock
share
stock
stock
Capital
other
and
Sept.
on
common
distribution
Howell,
Inc.,
Howell
Real
issue
stockholders in the ratio of one new for
said it would disclose the manner
of offering unsubscribed shares at a later date..
The directors on Sept. 23 "authorized payment of the regular quar¬
terly dividend on the common stock at the rate of 6/100ths of a
share of capital stock of Indiana Gas & Water Co., Inc.
for each
share of Public Service
common
stock to be distributed Dec. 1 to
holders
of
record
Nov.
15.
This
represents the
eighth quarterly
will
each
Postal Life Insurance Co.—New Trustee—
Henry
The
common
168, p. 254,
1360.
Wakefield,
of
no
prospectus____
equipment
additional
one
$1,120,380,
Total dividends paid during
$17,000 of 5% first mortgage sinking fund gold bonds
1951, at 100 and Interest.
Payment will be made at
National Bank,
successor trustee,
Portland, Maine.—
1,
p.
of
stockholders
The
of
Portland
166,
the organiza¬
without inter¬
Service Co. of Indiana, Inc.—Split-Up Voted—•
outstanding
$1.25
cash of
purposes,
Nov.
First
V.
been
cash
for
the
to
extension
for
receivable from Puget Sound.
among
2%
as
Dividend Payable in Indiana
1,122,704
liabilities
current
to $337,500.—V.
Portland & Rumford
have
1947
$6,265,782
90,000 shares of com. stock
were
reported at $3,990,279,
on
the period amounted
fund
of this
date
Public
155,981
inc. taxes
leaving net working capital of $2,869,899.
There
repaid
corporation had
Laboratory
(2)
1948,
$5,506,471
-
assets
current
were
$408,000
loans
$48,000
Vice-Presidents
FOR
EARNINGS
Net
per
lend,
a
the
Expenses
tion
properties,
Administration
Mr.
$2,758,150."
AND
Net
Total
be
to
making
■
Earns,
prior to
has agreed to
Power
to
since organiza¬
—
$15,000
capital for research,
patent and administration expenses for laboratory models
of the Ensar condenser and purchase of two basic patents
95,000
(3) Equipment and working capital for pilot plant and design¬
ing the Ensar condenser for mass production
;—__—
70,000
(4) Purchase of future patents and patent rights
-70,000
—V. 168, p. 1149."
%
(1)
future
on
Mr.
25%
and
for.
will assign a part to others who
or
development,
including
corporation.
corporation,
the
paid to
he has
fund
sinking
a
■
a
time.
necessarily
is
be
to
expenses,
as
liabilities other than for the ex¬
penses of this issue in the estimated amount of $10,000 and notes and
accounts payable (other than for expenses of this issue) totaling $8,830,
$5,000 of which represents the purchase price for the two U. S. patents
being purchased from Dr. Lilienfeld, of which $1,000 has been paid out
from sums advanced by Mr. Power and represented by a note payable
to him; and the balance of which is on account of other cash expendi¬
tures incurred by the corporation after its organization.
There is
no
firm commitment for the purchase of the securities
offered. > It. is contemplated that the proceeds, of $250,000 before ex¬
penses, will be used for the following purposes in approximately the
amounts indicated;
'
>,M
<
.fCfjiV.'
$209,000,
owes
company
given in July,
the total,
the
Presently
on
Press
water.
the
kept
profit.
This agreement is contingent upon his? em¬
ployment by the corporation at a salary of at least $15,000 per annum.
Further to assist the corporation in its financing, Mr. Power has
turned into the corporation 45,000 shares of common stock, 30,000 of
which are the shares row offered hereby and the other 15,000 being
available for part of the compensation to the underwriter.
Filed—
was
50%
Of Mr. Power's 25%
be
to
rapidly as is consistent with sound
after, the end of the first month
profit. He has also agreed that
such sums loaned by him to the corporation will be subordinated to
the claims of debenture holders and other creditors until the corpora¬
Suit
Ind.—Foreclosure
Lick,
of
financial policy," but within three years
in which the corporation earns a net
$2,301,965
French
of
Corp.
debenture^—25%
in
amount
interest.
bonds;
to the corporation his'own net royalties after deducting his taxes
thereon until such time as the corporation Is making a net profit, the
$3,770,635
$346,209
the
for
debentures,
of
the
3%%
est,
948.
p.
consideration
in
1950,
2,
tion
$791,347
168,
from
of
shared
116,423
$714,665
charges
acquired
E.
Power.
$4,678,903
$459,687
—V.
shares
indenture
4,644,738
$6,583,333
$703,928
$978,303
—
income
Miscellaneous
(4,253,900
4,219,735
4,950,547
5,246,365
*
482,175,
539,058
$957,622
income.
oper.
ry.
$6,287,515
$1,084,136
—
•Railway tax accruals.
Eqp. & jt. fac. rents—Cr
corporation,
the
of
corporation
respectively (the basic patents covering electrolytic con¬
densers for
operation on AC circuits).
Dr. Lilienfeld has agreed to
sell and the corporation has agreed to buy these two patents for a
total
of
$5,000.
The option also included the right to engage Dr.
Lilienfeld
as
a
consultant
to
develop an electrolytic condenser for
continuous duty on AC circuits.
This option has been superseded by a
formal agreement between the corporation and Dr. Lilienfeld.
In fur¬
ther consideration of the transfer of the option to the corporation, the
corporation agreed to pay to Mr. Power one-fourth of the net patent
royalties to be received irom its licensees. All royalties received from li¬
censees
will be paid directly to Old Colony Trust Co., trustee under
1948—Month—1947
1948—8 Mos.—1947
$4,175,272
$3,383,204 $29,440,033 $24,373,348
3,091,136
2,564,660
23,152,518
20,119,448
revenues.
Railway
President
Power,,
the
organization,
May
Pittsburgh & Lake Erie RR.—Earnings—
31—
its
-
181,315
982,223
Lewis
to
common stock, an option, which he held, to obtain
Lilienfeld, Doctor of Science, certain patents and patent
rights relating to electrical condensers, including two United States
Patents, Nos. 1,900,018 and 1,906,691,-expiring March 7, 1950 and
948.
Period End. Aug.
-
J.
of
research
236,575
1,080.721
209,719
119,739
1,631,488
740,906
-
railway.;
p.
time
the
from Julius
railway
oper.
168,
'
1—
from
Gross
89,903
At
condenser
from
1947.
County P.U.D. announced a $3,850,000 bond issue to fi¬
purchase.
The bonds run from one to 30 years with 2%
They have been purchased by John Nifveen & Co.
and B. J. Van Ingen & Co. of New York and Chicago.
The bond issue will provide $2,625,000 for purchase of Puget Power
to
and condenser manufacturers ,for the manu¬
condensers.
Corporation does not intend
,
Earned surplus at end
30,
Counties.
The
nance
"Ensar"
present time to go into the business of manufacturing con¬
densers, it being expected that the principal income of the corporation
will be
derived
from
royalties accruing from licenses issued under
the
at
Mason
Frank
8,113,614
Sept.
company's properties and accounts in Lewis and Pacific Coun¬
Washington, have been sold to the Lewis County Public Utility
for about $2,709,000, according to an announcement on Sept.
23.
The Pacific County Public Utility District has an agreement with
the purchaser to take over the Pacific County properties later.
This brings to seven the number of Counties in the State in which
P.U.D.'s have taken over Puget Sound properties.
Pievious purchases
have been made by P.U.D.'s in Chelan, Douglas, Grant, Cowlitz and
$395,0(0
2,740,932
and
31
ties,
of
4,555,969
surplus-
March
on
District
accounts
1948
8,
and
Puget Sound Power & Light Co.—Sale—
for
March
last
31,
50.
P.
The
(1) completing the necessary research and development
a
low-cost commercial model electrolytic condenser for
duty on alternating current' to be known as the "Ensar"
the purpose
to produce
Transferred to earned
168,
electric
t-rustee under debenture
Boston, Mass. Registrar lor common
stock
common
stock, National Rockland Bank, Boston, Mass.
The corporation was organized in Massachusetts
134,044
properties
agent
Stock Distribution—
on
March
on
—V.
Electronics Corp.—Stock Offered
&
company
made
State
—Luckhurst & Co., Inc., New
estimated
for
on
(trade),
payable
$1,138,276;
C),
11
Sept. 30 paid a 2Va% stock dividend on the com¬
mon stock, to holders of record
Aug. 31, 1948.
Scrip certificates were
issued in lieu of fractional shares.
A 2'/a% stock distribution was also
(after deducting $578,526 United States Treasury Savings Notes
Power
and
deprec.
for
Prov.
254,149
94,767,629
138,616
goods sold, oper.,
adm., & gen. exp.
Cost of
Prov.
285,706
49,827,676 ' 43,539,079 109,128,134
—
Publicker Industries, Inc.—V-k%
The
$2,345,895),
franchise and income taxes, $53,259;
other taxes,
including Federal old age benefits, unemployment Insur¬
ance, and
taxes withheld, $137,449; salaries, wages and ■ commissions,
$156,765; other current liabilities, $49,065; 3V4?c
promissory note to
the Equitable Life Assurance Society of the United States (payable in '
instalments, 1949 to 1959), $711,000; minority interest in subsidiary
company,
$17,0.98; reserve for contingencies, $400,000; capital stock
(par value $2.50), $1,500,000; capital surplus, $1,659,659; earned sur¬
plus, $5,192,728; total, $11,392,851.—V. 168, p. 748.
94,5$13,481
(1367)
and
of
LIABIITIES—Accounts
—series
1948—6 Mos.—1947
1947
1948—3 Mos.
Period End. June 30—
realized In
Earnings
Coal Co. (& Subs.)
Pittsburgh Consolidation
CHRONICLE
with
mutual Insurance companies,
$101,784;
equipment (after reserves for depreciation and
$2,592,904; deterred taxes on profits not
consolidation, $58,101; total, $11,392,851.
'
plant,
amortization
income
&. FINANCIAL
deposits
$9,700;
property,
of the operating companies served by Pioneer for
the week ended Sept. 25, 1948. totaled 270,508,000 kwh
as compared
with
229,461,000
kwh. for the corresponding week last year,
an
increase of 17.9%.—V. 108, p. 1258.
output
-Electric
COMMERCIAL
the
will
proceeds
be
added
at
competitive
The
SEC
has
approved
the
amended
corporation.
.
by SEC—
reorganization
plan
of
the
"
company's
original
reorganization .plan had already been
approved bv the Commission and the U. S. District Court at Wilming¬
ton.
But so
the
stockholders might benefit from the capital loss
The
from divestment of subsidiaries, the plan was
off temporarily the activation of a new corporation
under the plan.
the changed plan, Republic will amend its charter to provide
carry-over
amended
be
to
set
Under
for
sale
resulting
to
put
up
of
100,000
shares
of
new
$10
par
common
stock, and will
12
THE
(1368)
borrow
fit
$950,000
not
Republics preferred
interest.
3%
than
more
tures
receive
will
four
of
of
shares
70,324
shares
new
provisions
Other
each
remain
plan
Dillon,
/
Read
subscription, at
common
common
$100
stock
stock
rants. for
share
per
the
at
held
the
rate
record
of
of
Sept.
on
stock
each
for
share
one
preferred stock for
its common and class B
the
offering
holders
to
of
preferred
new
at
expire
shares
37.6923
3
The
net
proceeds
the
of
outstanding
Blyth
the
time
sto<V,
are
and
amount
of
during
purchases
accuracy.
peak
of
leaf
Normally,
the
leaf
buying
February.
' '
and
tobacco
cannot
under
the
credit
agreement
CAPITALIZATION
borrowings
which
extends,;:'
season,
GIVING
otherwise:
or
EFFECT
TO
promissory note maturing in
nual
instalments
".1950
through
from
•
of
$3,000,000
1957
and
instalments
1950
through
of
$1,000,000
1965
and
.
nates
an-
credit
1%%
.1949
3.60 %
stock
April
•On
B
agreement
22,
was
(•Including
pan
April
($10
3,
200,000
1899.
finished
to
of
shares
(but
of
is
were
products
of
purpose
stock'? held
this
the
in
in
New
of the company
cigarette
brands
a
fcince
about
1920
the
company
of
cigarettes
volume
any brand
Piince Albert'
be
the
company's
Uenevesit
United
to
be
smoking
"Camel"
are
0.38%
cigarettes
and
'All
it
the
is
selling
the
belief .of
of
company's
Winston-Salem,
and
a
N.
Greensboro,
and
plant
and
eold
for
C.,
in
N.
where
chewing
alkaloid
fertilizers),
used in
the
are
and
and
(which,
for
a
and
of
Cost
of
production
of
admin,
its
plants
its
of
*
sold____
expenses
313,370,601
and
has "'
sulphate
foil
22.246,773
Crl36.831
1,222,000
-{
[
_„J
___.
-
...
.
F.
Interest
expense
Federal
taxes
Horner
&
Chas.
W
•For
&
Bogan
I.
M.
n
Simon
Paul
&
Ine.__
Bros.
&
1,853,899
103,578
■
1,377,562
"
•
&
848,427
_•
668,209
'/ 431,761
50.933,472
2,051,918
—
3,037,885
1,624.223
21,336,650
earnings
retirement
$1,800,000; and
preferred stock,
and
19,696,855
19,264,000
16,765,983
insurance
lund
account
investment
fund
less
less
reserve.
reprei ->
-
*
charge for the debentures will
the maximum- annual dividend requirement for
4.50% series will be $1,170,000.
and
names
preferred
of
stock,
910
&
the
the
principal
principal
and
underwriters
amount
of
on
the
delivery
$60,000,000
Corp._
of
The
the
directors
on
wages
1
surplus, $1,095,305;
in .process
for
advances,
advance
$5,139;
cost
and
taxes. 5-
years'
on
purchase
standards
cost
of
uncollectibility
(less
payable—trade,
export
commission
earned surplus
since Dec.
1,
1939,
$2,103,789;
total, Y
165. p. 2318.
earnings
taxes
charges
and
>
$1,040,214
$326,387
$3,934,276
$3,30.4,861
750,014
603,385
3,036,411
2,408,733
69,419)
16,798
17,256
68,286
42.181
41,051
167,160
159,411
taxes
66,000
62,600
171,541
219,343;/:
I-——„
$165,220
$102,085
—
deplet,ion__
for Fed.
•
1948—12 Mos.—1947
1948—3 Mos—1947
_______
&
expenses
Interest
Prov.
inc.
/.
t
*
-
Net
,
—V.
910
910.
300,000
,
income
167, p.
—
$490,879
$447,955
r
1927.
520
;. Schenley Distillers Corp. — Forms New Unit to Dis-t.
tribute Only Straight Whiskies—
-
1,300
120,000
a
■'
60,000
Y-
,
J.
of
'
J
.
and
2,210
Gold
3,120
the
directors
amount
of
in
Oct.
'
declared
a
payable Dec.
1
29
dividend
division, the First Brands division
Y
^
to
Y
■
".
and the Quality Groups
•
i Has Paid $2,315,000,000 in Taxes—
-
1
18
will
the
of
50
cents-per
of
record
share
Rosenstiel, Chairman, of- the board,
the
holders
pointing to the capacity
that
liquor industry for seating jobs, on Sept., 29 explained
Schenley alone employs 13,111 people, of whom 3!0%
are women.
Reviewing the' corporation's history, Mr. Rosenstiel divulged
execution
for the issuance
thereunder.—V.
168,
Lewis S.
of
consider
1948,
debentures
Medal
.division.;-*'-
v
authorizing
1,
traditional
said his company, which will handle straight bourbon, rye, corn
bottled-in-bond whiskies,>will have three selling subsidiaries, the
520
.v
Oct.
on
aged straight ryes and bourbons
'.•...■,:YY.
,/
same
Gollin
4,550'
•
for- the
*
time, Mr, Leban disclosed that J. A. Gollin, Schenley
executive, will be President of the new company which will
access
to the largest stocks of aged whiskey in the nation.
Mr.
have
720.000
meeting
the
sales
260
>
demand
America."
At
1,690
-
Vice-President,- on. Sept. 27 announced the formation:
Straight Whiskey Distilling Co. of America, Inc., to "meet the.
Leban,
growing
to
2,860
5,980
120,000
special
L.
The
V
260.
2,860-
660,000
510,000
indenture,, dated
Sept.
drafts
provision
receivable—prior
St. Louis, Rocky Mountain & Pacific Co.—Earnings—
Deprec.
4.550
—
Sstock,
and
receivable,
(lesS
claims
inventories—at
$49,958;
and
v
x
*
that
it had paid out a total of $2,315,000,000 in all forms, of taxes during
the past. 15 years.
He explained that the amount Schenley paid out
in levies was more than nine times the total wages of $251,000,000
paid to Schenley employees during the same time and more than 46
times total dividends of $49,625,000 paid to stockholders.
"Of the total of $2,315,000,000 paid in taxes," Mr/ Rosenstiel ex¬
plained,
"only
about
-
commoiij
$3.14
1948
31,
$587,171; dividend payable,
customers—credit balances, $11,508;. u
accrued, $178,830; interest, royalties,
and other expenses accrued, $13,936; local
city taxes accrued. $9,465;
Federal and State taxes—estimated
(including additional assessments
for-prior years), $353,838; long-term debt, $1,000,000; reserve for post¬
war
rehabilitation, $1,270; reserve for contingencies. $125,000; capital ':
stock, common
(133,214 non-par shares issued). $1,665,175;
capital Y
1948,
salaries,-
Cost,
«
Revere Copper & Brass, Inc.—Doubles Common/ Dividend—To Redeem 1st Mortgage 3,y4% Bonds on Nov. 15
on
accounts
refund
receivables
$35,000;
MAY
$7,195,244.
Gross
-
deben¬
other
SHEET.
notes—trade
Period End. June 30—'
be '
the
132,045
910
1,050.000
Stubbs
principal
$935,254;
sundry
15,
,
780
1259.
P.
total,
June
60,000
of
—
$1,849,272
133,214
:
$2,103,789
$1.56
$1,130,395;
$7,195,244.—V.
Authorizing Debentures—
an
31
May
share
■>
2,210
1,360,000
a
.
2,859
504,600
—
and
$13,314),
390.000
1,050,000
action
of
-
910
660,000
at
79,79?
—
-
780
•
Co
2,022,282
$2,436,528
market), $3,146,854; land, $40,924; fixed assets cost (less provision
for depreciation and amortization since Nov. 30, 1936. $1,332,045), $1,-"
810,171; patents, trademarks and goodwill, $1; prepaid insurance and
other
deferred
charges, $45,910;
non-marketable securities,
S25,08O;- *
260
180.000
Co.______
&
Cr2,657
-
Co
stockholders
ratifying
*
210,000
Corp
Wood
To Vote
of
amount
interest
UNDERWRITERS—The
debentures
27,972,599
21,764.000
annual
on
maximum
32,132,187
9,882,000
centing interest
910
,
14,102,600
_______
paid
520
•
'
10,792,690
520
1,690
910
Co
White. Weld & Co
Whiting, Weeks &
1,396,498
14,337,853
2,210
000
180,000
SL1?" ^a,ker & Co
E.
520
910
Inc..
Securities
&
.
2,860
210,000
35.931.206
24,570,940
Anthony
Securities
Witter
:'v.
510,000
Co.,
.
$414,246
1,996,359
—
LIABILITIES—Accounts
3 120
;
Vance Securities
Corp
Dean
2,210
Y
>
5,980
Inc
Spencer Trask &
• ••
520
210,000
Sweney Cartwright & Co
Thayer, Baker &
Co.,_,n__„v
Union
910
210.000
Co.
V
1,040
210.000
1
CV50.163
$207,346
surplus
adjustment—,
surplus,
commitment,
2,860
210,000
Co
238,123
than
910
Boyce
Webster
&
tax
per
collection
.
4,550
--
earned
30,
BALANCE
1,040
.
1,380.000
—-
68,414
——--
dividend
$20,516;
780
30.000
Co.
&
years
of
520
-' 210,000
Y
60,157
99.916
Prior
Earned
2,210
1,050,000
Co.—
&
Nov.
to
2,860
:
——
tajC-
709,875
81,044
.
r.-„——$2,203,705
Stock
•
Co.,
wril,
William ^oret & Co
Stein
surplus,
ASSETS—Cash,
210,000
Co._
Y
306,640
,—
reserve—r-—.
:>
120,000
Co
&
inventory
transferred
780
39SX
1_
Singer, Deane & Scribner
Smith, Barney & Co
Starkweather
income
$7,871,811
.
Dividends
"
i
■
210.000
&-
R.-Staats
for Federal
1947
$6,726,063
.
—
i,300
{20
—I__IIIIIII
Inc
Co- Inc
&
tax
I,
510,000
Mason,
depreciation
before
depreciation,——»
1 040
720 000
"
$5.56 v
4 Htn
120,000
Co
Stranton
income
for
no 000
510.000
Hutzler
397,805
1948 /
.
.
Earnings
660.000
■
Dividends
The
&
&
.
operations
Capital shares outstanding
240.000
Stringfellow
c,v
The
Net
Bros.
$2,211,402.
Co.—Earnings—
780
240.000
—--
$2,708,679
*
l',040
120,COG
-r—
Rothschjld
Tucker,
10,884,812
59,741.012
20,947,208
—
J
245,00ft
$6.81
520
660.000
Gardner
1,646,10(5 *
397,803
Total
040
180,000
Inc.______„.._
$25.271,672,.
4,102,503,,
1,830,000
$2.85
May 31—
from
income
Earned
780'
120,000
n
Harold
Balance
&
Co.
4,538.679
847,100 *
397,806
1 fioo
210.000
&
1948—6 Mos.—1947
$29,461,909
•
$3.52
660,000
L_
after
2793.
397.806
outstdg.
share.—_
Federal
Net
?SS
510.000
Co., Inc
p.
$1,134,238
180,000
Co
167,
$1,401,180
300.000
n-SOn ump rfy Co
o0: "1'!1? SonS Inc
u
r"
L.
Stroud
$
.
15,482,593
Crl55,409
(2,191,694
,
r
Stone
1945
708,494,186 613,106.303 430.966,566
623,b03,lbl 544,323,539 382,237,647
84,038
(officers and employ.)]
profits
&
pit
Stix
:
s
"
1
SiS oSS
&
$1.01
outstanding
780
1
Curtisl—_____
1,320.493
$1.03
be
127,000
240 COO
&
will
preferred stock.—V.
957,000
isoiooo
Co.
that
2.108,339
120000
&
1947
$14,800.693YY
2691.
Restoration' of
3 120
000
co...„
~
Current
Y
2.210
720 000
ln!?dLw C01"pany
OPERATIONS
.
•Amounts set aside from}
5ic',000
Hopwcod
Nicolous
Calendar Yea*
11,269.951
Sundry charges (neti__
Participation in profits
120
Cr°
&
Rauscher, Pierce
,
Winston-Salem
s
_—
3.640
240,000
Prescott, Hawley, Shepaid
R. W. Pressprich & Co
Putnam
and
V" 5,980
fte?® Srothers & Co,___^
Stifel
$•
and
gen.
Provision
Lynch-.—___________
March
pnfivS'T^>l,n
P-pex, Jaffray
Sheridan
at
for
various
aluminum
$
352,893,798
goods
adv.,
T, 4.550
'•
1.380.000
'_
'
.
shares
$13,067,528
390 000
Company
Pacific Northwest Co
Paine, - Webber, Jackson
Pellason, Tencnbaum Co
Scott
United
," '
'
1946
.
Selling,
the
nicotine
3947
sales
&
same
including
1948
—
Provision
The Ohio
Scott,
Work"
other
6 Mos. End.
-
,,780
Co
Richter Co.___.
Schwabacher & Co
the
Lexington, Ky.;
Winston-Salem,
at
June 30,'48
Net
4.550
180 OOO
Scherck;
packaging of tobacco products.
i
Leonaid
1948,
$1,048,573,
1,413,195
2,358.181
—_—
6 Months Ended
1,050.000
Co.
Moseley & Co
Salomon
by-products, are
principally as. insecticides
use
the
of
maintained
near
stems
together, with
for
in
are
or
Company,
RESULTS OF
■
income
240 000
co«k»
t
at
Maysville
or
in
manufacture
tobacco
marketing
plant
S.
Th,
to
Mule"
"Days
tobacco
facilities
the
maintained
from
that
manufactured
complete
Louisville,
Boston, Va.
extraction
to others
bulk
continues
"Brown's
plug brands
management
plug
C.;
South
the
nicotine
and
the
products
the processing of leaf
tobaccos
"products.
Redrying plants .are
Danville
1907,
and the
the
among
''
of
V.jW
in
"Days .Work,"
leaders
brand
Net
C°'"
30.
of
1948—3 Mos.—1947
taxes
Russell Mfg.
520
Co—
June
on
amount
Y_
convertible
sales
mJoS'I" &r c°——.—IKS
&
n
the
for
the
520
_______III_
&
of
Co.—Earnings—
per
Net
Co
the
reserve
167, p.
780
_I_
in
common
shares
Earnings
—V.
910
'•
those
30—
charges..,.
profit
130.000
Co.—
of
income
Capifal
1,040
/ 840.000
&
$6,071,449
$15,468,403
after
Net
780
•
120 000
Inc.
to
taxes—
1,309,796
Contingency
520
1,050.000
Lreb' Rhoades &
UO.^.
June
income
—
120.000
—
Marks
sales
4,550
Corp..,-
than
greater
greater
1948,
sharc_Y
per
180.000
Co--1
2.02%
were
securities
30,
Ended
on
210'.000
—___
1948
$16,472,793
1,050,000
r
Co.
Reinholdt
substantial
-
largest
wt&tiGS.'
in
"Camel."
introduced
brands,
are
the
manufactured
than
Y:
120,000
Mecds___
$3.49 :
quarter of 1948 were 1.80%
quarter of 1947,
while shipments
amounted
June
Months
Federal
520
'
Inc.-—___
149,000
second
second
of
$570,530
ago.
conversion
Net
910
jon ooo
^halma" & Co.
&
the
the
of
Ruberoid
520
180,000
Co.
Bissel
during
Period End. June 30—
1,690
,
240.000
IIIIIIZ
full
2,860
■
120,'C00
—
$2.5Q
profit after
Profit
120.000
Co
149,000
$1.59
^on
:
415,000
$422,551
149,000
$1.25
government
•Based
520
660^000
&
$262,086
149.000
on
•Earnings
780
390.000
Associates,
Maynavd H.
leading brand in that field',
management*
largest selling brand of smoking tobacco in the
States.
McCormick
Net
520
120,000
180.000
____
'
312,000
/
4,550
-
—120.000
;
44,225
.
Robertshaw-Fulton Controls Co.—Earnings—
2.210
1
1,050.000
Inc
187,000
Sales
1.040
.
160,000
_
$1,029,755
46,350
'
.
$210,893
assets
and
Six
'
260
240,000
____
tobacco,
_9f.Ahe,chlwini tobaccc
Apple Sun Cured '
is
not
other
260
1,300
"5,980
'
210 000
y
1.
and
780
1,690
Co.___
22,625
/
including provision for Federal and other
taxes, amounted to $1,534,403.12, a ratio cf 3.96 to 1.—V. 167, p. 2691.
5,980
_____—_____-"IZi:::
&
23,175
State
$780,901
780
510,000
fe„abo.dy & Co--& Arnold
Moore
cash
330,000
Son—
1948—6 Mos.—1947
$471,711
share
year
liabilities
1,380,000
Co
1948—3 Mos.—1947
—
months
a
Current
520
60,000
Co
six
390
*
300.000
Co.—
Minsch. Monell
$2.00
outstanding
those
780
90,000
1,380,000
Co._.
&
Th^Mill11^11
Milwaukee
of
the
.ana
country
has
&
The
"•
2^94% '*
than
first
60,000
i_
&
per com.
Shipments
period
180.000
u
McDonald
profit
2,210
180,000
Co
Co
M.
Net
2,860
180.000
Co
^
the
country in that they consisting preponderantly of flue-cured and
hurley tobaccos, grown entirely - in the United
States, but having a minor '
content
of
imported tobaccos,
generally known as Turkish tobaccos,and
subsequently also having a minor content of
Maryland tobacco,
were
&
Space and Co.,
Lemon & Co.——
O,
1,000,000
$1.51
&
taxes —
Com. shares
Earnings
1.690
-Y,
Weeks
p
1,000,000
$0.72
____
.
2.210
120,000
..
Co.
Land,
*
19Q nnq
Mason-Hagan.
smoking tobacco.
In
addition, the company manu- •
lactures
and
sells
"George Washington," "Our Advertiser," "Stud," '
Top" and certain other brands of
smoking .tobacco and 41 brands'
cherf.ng
tobacco,
the
more
important
being
/'.Ehvs
Wfcyk," *
Browns Mule" and
"Apple Sun Cured,"
"Camel" cigarettes were introduced in
1913 and were an innovation
among
blend
_J
Lane.
Laurence
;
3 80%
_
time
Inc
C1omhanV, Inc
Richards &
ajOCWI
.
—__II_#I#~~I~~~'
™IIIIIIIII
3 Z ~ Z~ Z ZZ Z'Z Z Z Z- IIIIII__I
Miscellaneous
Co.,
Co
^
Johnson
d-
2,860
660,000
Ccrp
!_
Co.____
L'e?ff\
&
Jersey
*
;
Albert"
H.
1,000,000
$0.81
Inc.—Earnings—
deprec.
income
franchise
390,000
Co.
&
1,000.000
2,064,887*
780
510,000
Co
&
8i
-1,571,033
$394,073
Federal
520
Corp
Hilhard
&
*
752,278
,
780
120.000
660,000
&
&•
&
o
1948—6 Mos.—1947
840,296
2691.
Depreciation
1,690
180.000
Co
Noyes
nesi ei
-92 88%
tobaccos
Pr*nc*Pa) products
Prince
T
1948—3 Mos.—1947
taxes
520
180,000
:
Ripley & Co., Inc
Harris. Hall & Co. (Inc.)..J.
Hemphill,
$0.04
I-Yy/^
$13,670,000 $14,348,000 $27,760,000 $29,918,000
share—
com.
p.
before
510.000
&
Miller
*
•141,429
Nil
■
Period End. June 30—
"^T2,210
120,000
167,
Profit
^S|860
.
510.000
Folger, Nolan Inc.Goldman, Sachs & Co
Grubbs, Scott & Co., Inc
Hallgarten & Co.__
Hayden
;
j.__
Ritter Co.,
''
L690
660,000
Co
Securities
L'lJl
company's
business of manufacturing
tobaccos,,. Net sales
(including revenue stamps affixed
$360,631,190) made up in respect
to
390,000
&
«
above).
Y/Yv
organized
follows:
as
!___
Co
Kukpatnck-Pettis
,smoking and chewing
$708,494,186
&
Evans
credit,:
issue
jjY/'
corporation
a
'
Co
w
Knchofer
9,000,000 shs.';
under
Cigarettes
tne
!___
tl,000,000 shs.
under-
see
Smoking tobaccos
at
520
Chapman
Richards &
First
Rir
260.000 shs.
outstanding
-
common
amounted
type3 of products
Chewing
520
Ewing
Kebbon,
490,000 shs.
Company is engaged in the
1947
year
'2.000.000
shs.'#
13,000,000 shs.
pari
amount
$90,000,000
and^selling cigarettes ,and
the
4,550
120,000
120,000
&
Clark
«
1,000,000 shs.
____________
the
BUSINESS—Company
lor
'
490,000
retirement and insurance investment fund.
•
1,050.000
Co.
Inc.__"
Far well,
'750,000 Shs.
stock
1948,
&
$86,277,099-.
120,278
•
*
1947
$82,317,245
taxes——.
'v
?
-
1948
•.
.
520
Co., Inc
Dominick
A.
C.
Fahey
R.
260,000 shs.
($10
Clement
1 "
'
.
2,000.00.0
pari
common
Sept.
120.000
Co
Sons
Securities
Estabrook
Kay,
—
stock
class
Earns, per
390,000
&
Equitable
Janney
10,
______________
series
Common
-
($100
Dominiek
'
—V.
and
Dickson
514 %
167, p. 2473.
—Y—•____
Com. shares
outstanding
780
Merle-Smith
Hornblower
.
60.000,000
'
"
,
series
&
'I'
profit
520
M. Dain &
Company
Davenport & Co
Johnson,
"
5,980
sales
&
House
Y
-
the
on
Rhqem Manufactuiing
Co.—Earnings—
Net
Net
•
120,000
J-
T
30.000,009
60,000,000
__________
4.50%
New
30,000.000
1973
maturing
Curtiss,
1,380,000
Co
?h» Illinois
i,?
The
—
-
Preferred
.
notes
&
per
Period End. June 30r—
'
1,040
Co
paid
company
share
per
declared, payable Nov. 1 to holders of record,
charges and
share—'
profit.—V.
180,000
Company,
Courts
•Net
A.Co
&
from
agreement)
serial
&
alter
Earnings
.
2,210
240,000
Inc.————
$1.31 'A
260
-
.___
Co
Sullivien
Burnett
Hnsch
.
maturing 90
days after
(issued-'
under
stand-by
issuance,
.;v
&
5e"r-v Herrman
$60,000,000
.
V
$2,000,000
1966
through 1972
debentures, due Oct. 1,
1%%
•
'
•
$60,000,000
__
from
3%
"Outstanding
from
$4,000,000
1958
nual
■'//'
an¬
through 1966
promissory note maturing in
2 Va %
60,000
—
loss
520
1,690
Cabell
&
Allen
>
Net
4,810
Co.,
Brown
S.
'390
'■>-■
3.90,000
Julieif Collins
R.
i
Co., Inc.
1,110,000
Inc.—_____j__510,000
Bradford
Dick
'«
120,000
the
1948,
.
of
Rexall Drug, Inc.—Sales and Earnings—
910
Inc.—90,000.
also
was
1,
quarter.
dividend
.
6 Months Ended June 30—
Total sales
1,040
Co
each
quarterly
including Sept.
•
1,040
.
240,000
Co.,
&
,
210,000
-
Harnman
FINANCING
PRESENT
Autnorized
2 Va %
C.
260
1,040
•
share
per
usual
and
The-
2,210
240,000
&
Blair
&
Field,
company's
the
generally from August through
It
is anticipated
that, after application
of
the proceeds bf the
financing as above, additional borrowings Will be made from time to '
time
.___
Republic Co.. (Inc.)
Clark, Dodge & Co
Coffin & Burr, Inc
im company
to
preferred
with
their
J.
Bond
Co.,
William
Oscar
such agreement in the'aggregate amount of $90,expected the amount of such borrowings will increase '
during the- period between such date and the time when the company,
shall receive the proceeds from such debentures and preferred stock, *
4.50%, series. The amount of such increase, if any, will depend chiefly
at
510,000
Inc.—
'
•
to
1946
directors also auihorized the redemption on Nov.
15, next, front
treasury funds, of all of the $2,740,000 outstanding first mortgage
314% sinking fund bonds due 1960 at 102 and interest.—V. 168, p. 351.
780
'•'•).
30,000
24,
11.
-
2,860
240,000
Co.,
Oct.
18,135
180,000-
_
—_
Co
Eichler
Becker
&
Burr
is
predicted
;
cents
The
^ 1,8.135
..
.
Dec.
preferred stock
Shares
4,185,000
Co.—:YYY#_„I.
&
25
Preferred
660,000
Inc._
Monday, October 4, 1948
From
stock
follows:
as
$4,185,000
u—__—Y.
&
G.
Blair
Alex.
under
000,000.
preferred
new
are
Co., Inc.YY—
Stearns & Co
Bear,
A.
-m
and
of
Inc.
Co.,
&
&
Bankers
Branch,
(
are
Watts
Battles
of
from the sale of the
estimated at an aggregate '
$84,310,742, not including accrued interest and dividends but after I
deducting estimated expenses of $369,258, if all of the debentures and
all of the preferred stock, 4.50%
series are issued and sold by the
company..
The net proceeds' received by the company from the fi¬
nancing are to be applied to the reduction of the aggregate amount
of the company's short-term notes then
cutstanding under the com¬
pany's stand-by credit agreement.
v7.
"
•
; /■
•As
of
Sept,
22,
1943,
the company had
1%%
short-term notes-
be
Inc.——
Central
PURPOSE—The
upon
&
Baird
B'ateman,
-
of
It
shares
CHRONICLE
Debentures
Baker, Weeks & Harden
Ball, Burge & fvraus—
Subscription war¬
p.m. on Oct. 13,
1943,
28,
will
|
1943.
debentures
W.
Bos worth,
is
time
same
Co.
Whipple
Baker,
dividends:
the
&
Emerich
Bacon,
and Pre-,
ferred Stock Offered—Dillon, Read & Co. Inc. and Rey-;
nolds & Co. headed a nationwide group of 134 under¬
writer? that offered to the public Sept. 29 a new issue
of $60,000,000 3% debentures, due Oct. 1, 1973, and 260,-:
000 shares of new 4.50% preferred stock (par $100). The
debentures were priced at 100% and accrued interest,
•and the preferred stock at $100 per share and accrued
at
of
.
C.
Ames,
'
■.
;.
& Co._u_
Allyn. and Co.
Alinstedt Brothers
Reynolds Tobacco Co.—Debentures
company
number
severally agreed to purchase,
Reynplds
A.
Robert
The
has
'%./vH
.
,
,
J.)
maximum
FINANCIAL
.
_
—*
(R.
the
&
each
for
the
and
which
ot the new common ulY the
preferred share held.
uncnanged.
•
"judge Paul Leahy in U. S. District Court, Wilmington, Del., has.,
approved amendment to the plan of reorganization.
The order signed by Judge Leahy gives Republic until lOoO to cany
out
the' plan,
under which it will pay off its bonds and f°rnr a.
Pennsylvania corporation authorized to borrow $9o0,000 and to issue
new
series common stock.—V. 166, p. 571.
* ,*
''
stockholders
rato
COMMERCIAL
Nov.. 10.:
$239,000,000
(Continued
went
for
on page
Federal
48)
,
income,
excess
*
>
.
THE
Number 4739
&68
Volume
COMMERCIAL
&
FINANCIAL
'
CHRONICLE
'
(1369)
'
V
13
'
Stock Record «» New York Stock Exchange
DAILY RANGE OF PRICES
YEARLY RANGE OF SALE PRICES
Range for Previous
Year 1947
Highest
$ per share
$ per share
66
87%
% May
Jun
110
FOR EVERY LISTED ISSUE
Range sinfce Jan. 1
Lowest
,90
WEEKLY VOLUME OF TRADING
Lowest
.
63% Oct
Jan
1
Feb
6
80
79% Jan
,
100
Abbott Laboratories
2
Abraham
May 14
9
ACF-Brill
1
Acme
Feb
3% Sep
10
6% Jan
43 %
Apr
60
Oct
45% Feb
11
55% Jun
13 Ve
May
18%
Oct
14% Feb
23% May 15
Adams
46% Jan
Ad«ms-Mills
55
6
May
25 Via
Oct
28% Feb
Feb
7% Feb
21% Sep
27% May 15
112
Nov
101
Feb
Dec
6%
Feb
Dec
31%
Jan
%' May
Jan
108
Mar 11
3Vs Sep
26
71% Sep
Air
37
Feb
10
76%
Nov
70% Jan
7
1
50
18%
18%
46%
*43%
prior
14%
90%
48%
Dec
Nov
10 Va.
'
164
104
202
Feb
34
May 21
24
109
May 24
Mar
8% Sep
Nov
Nov
.
28
90
Apr
12%
Dec
May
24% Feb
103% Sep
27%
-
X171
96
2
11% Jun
20
Mar
18% Sep
198
3
8
34% May 20
Allied
Mills
37 V8 May 15
Allied
28
Mar
25
Feb
90
Dec
105% July
81
Mar 24
91
Jun
42%
Oct
31% Sep
27
42 V8
May 27
Jun
99%
Oct
84% Sep
28
98
Jun
35
Jan
25% Mar
1
-8% Feb
,
'7.
20 '
50%
Dec
41
Sep
28
52% Jun
11%
Dec
50%
29
83% Feb
Apr
6% Sep
30
10
51
107
34% May
!
4% Sep
45
Dec
Jan
Mar
Dec
i
80
i
20% May
31
-
65%
77%
Dec
Sep
3%%
31*/a July 15
6 % May 17
8
Apr
46
73
f
>
Allis-Chalmers
3
50
9
Jan
121
'
2
29% July 13
58% Feb
70
68
Agricultural
3%%
6%
9
May
17%
Feb
9% Mar 17
14% May 14
American
36
,'
Bank
May
50
Feb
x35 % Mar 19
43% May 15
Amer
107%
i
111
Brake
75%
103% Oct
21
9% July 28
American
-•"7%
Feb
3% Feb
11
6% Jun
Amer
99
«,
Nov
6% Sep
166 I
110%
Dec
3% May
Mar
Dec
Dec
36
May
94
1
76% Feb
6
Jun
3
Sep
166
Jun
14
54%
Feb
36
30
49V8,Jun
3
115%
Jan
100% Jan
21
28%
Feb
80% July 19
18% Mar
5
?
20% May
-
110
105% July
47% Oct
Feb
Sep
104% Jan
177
27
28
7%
56
Aug
41% Sep
28
51
26%
Feb
15% Sep
23 '
20% Jun
Radio' Corp
Can Co common
preferred
5V
American
May 18
-42"
41
7%
—25
42
48
47%
"
-
48
80%
31%
*31 Va
31%
85%
4%7
98
41%;
37. \
*103%
r
47%
35%
36%
103%
81%
81 77:
80%
*92 %
93%
92%
23 %
7"23%
106%
106 %
43%
4i%
'42%
16 Vs > 16 Va
15%
15%
23%
107
81%
Sep
18%
Dec
24
Feb
16
Feb
88
Dec
102
Mar
87
38% Dec
101 %
48% July
118% Oct
Dec
25% May
22% Jun
Colortype Co_—
American Crystal Sugar com
4%% prior preferred——
3
Oct
1
33% Feb
10
94% Feb
11
41% May 26
107% Jun
3
94
Jun
16
American
3%%
Cyanamid Co
6%
—10
*93
23%
24
*107
108
*42.
43
*15%
16
25
Feb
26
49% May 21
American
Distilling
Feb
5
Jan
2
7% May 20
American
18%
18%
*17%
18%
*86%
87%
*86%
87%
*86%
36%
36%
36%
36%
36%
36%
99%
99%
99%
99%
33
33%
33%
*32%
Jun
17% July
14 V8 Mar 16
13
July
Dec
14 %
19
Apr
2
Dec
20% July
6% Feb
86
Dec
115%
Jan
65% Mar
3
89%,
Jan
9
$7
714
Dec
25 %
Feb
6% Mar
4
14% Jun
24
$7
2nd preferred A
74%
Dec
101 %
Feb
4
77% Jan
12
$6
preferred
July
42%
Apr
5% May
9 Va
Oct
37
49
59
Jan
Jtin
22% July
6
May
x34%
Jan
10%
J*n
90
106% Mar
Apr
102
Dec
1 % Sep
20
55
Mar
46
Jun
7% Jan
53
25
20% Feb
70%
No par
7 Vt
7%
59%
59%
»
American
8% May 21
25
American
Ice
92
Jan
13
Oct
10% Feb
11
15% Jun
14
13% Jan
5
Jun
24
26% Jun
3
30%
Feb
95% Feb
19
18% Mar 17
Jan
Foreign Power
27
108
Jun
American
7%
Range for Previous
5
*48%
1
48
.18
700
87
87
36%
37%
4,800
98%
99%
1,100
34
1,000
7
34
*32%
5%
5%
17%
17%
17%
*17%
15
14%
15
10
5%
600
17%
1,900
15
69%
7%
60
2,000
38%
*46%
48 Va
48 Va
39%
4%
*46 %
48 Va
7,000
69%
1,000
7%
3,400
7%
60%
4%
2 Va
69
7%
*38%
::
5-
2'/a
.
70%
■
60%
5
5%
7%
60
38%
•
15
2%
2
2%
6
Vt
6%
*80
23%
6%
-60
60
38%
500
39%
600
'
90
12%
*12%
12%
12%
12%
16 %>
*16%
16%
*16%
16%
16 Va
20%
22 Va
*98
Batarday
*98
103%
SALE
HIGH
4%
*
5
46 Va
49
2,600
23%
23%
4,300
6%
23%
V <
6%
1,300
6%
90
*80
90
12%
12%
*12%
12%
*16%
16%
*16%
16%
200
.21%
6,900
21%
21%
21%
*100%
103 Va
21%
*102
'
— —..
200
103 Va
PRICES
Thursday
Wednesday
Tuesday
Monday
6%
103 Va
21%
21%
20%
*98
103%
23 Va
*80
90
*80
LOW AND
STOCK
22%
6%
90
*12%
1
common
23%
23
6%
6%
*80
100
_100
NEW YORK
400
87%
5%
70
7%
:
39
*46%
23
22%
No par
com
preferred
Locomotive
61
39
5 Ve
STOCKS
Range since Jan. t-
6
18
; 1,800
16
"
preferred
I
Year 1947
Co
non-cum
7%
*59 %
39 Vt
*69
69
'
7
4%
'2%
2%
2Va
69
•
39 Vt
American International Corp.No par
American Investment Co of 111
1
9
*14%
50
conv
6%
17%
14%
1
preferred
Home Products
16
116
6%
17%
14%
2 Vt
69%
Lines
American Hide & Leather com
5
Apr
13
'
2'/a
No par
*5%,
18
10
43 %
37
'
Export
26% May 20
11
6% Feb
88
No par
5%
•
1,500
"
17%
14%
com
5%
>
17%
14%
__No par
American Hawaiian SS Co
;
10
5
Jan
17%"
40c
Amer &
43% May 17
1
No par
Inc
American
4% May 15
37 % Jan 20
4% Oct
American European Secur
6
15
14% .Nov
9% May
12
May
18% May
27
5%
5%
l
33
33%
33
20
preferred
Sep
101
*100
200
23%
3,600
108
42%'
»15%
.Vi*.
*99% 100
Co
16
18
17%
87%
35%
520
92 V4
*107
/
15%
17%
2,600
36%
92>/4
23 V4
t
42%
*86%
82 Va
167
36%
23%
'^42%
'15%
5,100
166%
108
10
100
Encaustic Tiling
13
7
2,300
4 Va
,81%
93%
23%
300
,
7
4Va
>'
"
preferred series A_100
conv
103 Va
800
2,200
7
...
7
95%
•70
35%
,
36%
—_10
com
Jan
46
3% May
13
American
15
35%
103%
7V
82
36
'
19
1,300
13
167 77 167 Va
37%
*107
"
3,900
60
12%
4%
*'*92%
92 %
49
7 Va
'7 4%
36%
37
_100
•
82
168%
168
168'%
27,100
24
103 Va
6%
■
2,000
2,000
7
48
37
4Va
1,200
>
24
60 ,77
<12%
7
f
*58
24%
12V4
106 Va
;
6%
49
13
4Va
<4%
47%
'
,
<
600
•
600
98
101
41:41%
7;1
*23%
7
167
7
10,200
..
28
4%
t
*59
4 Va
.
42
6%
47%
28
>
*44 '
41%
7%
24%
60 Va
60
■;j
98%
2,100
5,100
32
86
45
97%
6%
:
83%
31%
*84%
4%,
*44
%
104%
'4
:
*81%
28
;*4%,
49
200
31%
85%
83%.'
1,700
29%
32 Va-
85
*27%
600
23%
32%
28%
Q
184%
31%
'i
83%
*12Va
36%
36%
43
29%
31%
6%
81%
23
29%
31%
104%
"v,
168
*106%
30
47%
12%
37%
No par
19
24%
„
36%
Co
19
'
36
'
106%
167
No par
XQ
184
6%
61
12 Va
98
8%
41 Va
V
1,500
105
-*93
19%
98
"
12%
27%
*103%
98
2,400
70%
27%
105
8%
*44
24
*59
50
*69
27%
*93
11,000
•
70%
*103'/a
3
49%
184 Va
"
61
3
'•
183
:m"
■
.7 7%
23%
;
.
24%
74 %
3%
*19
28 Va
97%
-7
*72%
74%
49 %
85
49
96
700
31%
No par
preferred
Chicle
*44
6%
Cable-—No par
&
%
5,600
27%
8%
*81
•
27%
4%
a ■ 4%
■
' "
4%
—„100
Chain
non-cnm
-4%
96
4 Va
80
3 Va
16%
19
30%
85
27%
6%
105
184
*29%
32 Va
84%
28
*103 %
___1
;
5,600
3'/a
*69
98
8%
83%
31%
1
Inc
&
*81
>.
100
Broadcasting Co
American
83%
36
4,600
•
*
16%
19
29%
36
No par
com__
*100
184
31
12%
1
21%
800
15Va
3 Va
3
105
*93
19%
30 Va
61
15
16%
49%
70%
27%
*103%
•
184
'
29%
23%
3,700
21%
.,
101
*72%
3 Va
27%
8%
8%
*19
29%
7
1,000
19'A
3%
49%
*69
98
183
19 % "
47%
10
American Car & Fdry com
7%
preferred
•
May 21
Aug 23
110
Co
9
184 Va
49
1,900
50
16%
74%
3
105
*93
3 Va
17
49%
27%
31 Vs
—
1-50
preferred—
conv
Cable
American
92% May 14
Aug 12
196%
May
4%
24
Shoe
98
4%"
par
Corp class A—
70%
95%
-
Bosch
*69
*44
I
__
72
27%
No par
Note common
preferred
*72%
3 Va
48%
32
preferred—i_10O
conv
cum
American
May 19
74%
3
48
86
-
common--
*72%
3
50
31%
50
Chemical_No
Airlines
74%
*84%
com—_1
Corp—'
72 %
*81
101
4
'
3 Va
*16%
30%
No par
preferred
Petroleum
American
Mxr 22
47% Sep 28
18% Mar
9
convertible
Amer
9
Mar 22
Jan
9
6r/c
Amerada
105
*101
<
3%
29%
common-No par
100
Alpha Portland Cement
Amalgamated Leather Co
May 21
Jan
Mar
Mfg
15%
*-■*103 Va
—No par
*37/a
21%
105
preferred,
conv
14%
21%
*103 Va
Corp common—No par
preferred
_100
4%
3
30% May
Inc
15%
16%
*8%
'34%
21%
3 Va
*19
*33'/a
15%
16%
183 %
33%
33%
21%
27%
5
43%
*43%
15 Va
28
No par
—
*43%
3%
21%
|/27%
1
Dye
46
33%
3
Stores
Oct
39% Mar
24% May
51-2 May •
&
Co
11
36%
Jan
20
*19
*33%
3%
*93
50
19
33
49
gtd__100
Inc
Chemical
Co
30
91
Industries
Allied
Kid
29% May
*
Allen
14
Allied
Feb
May
May 17
21% Jan
30
22 %
18
Ry 6%
Allegheny & West
50
19
46
16%
•
49%
19 Va
*43%
105
3.300
89
3%
46
*101
Shares
63%
*80
14%
105
the Week
50%
3%
*69
64 Va
89
21%
21%
Sales for
•
i per shtuv
3%
,
16%
*
Allegheny Ludlum Steel Corp_No par
$4.50 conv preferred
No par
Apr 23
3%
3%
33
.15
*101
5
preferred-No par
conv
33%
21%
,
$2.50
42
50
*43 %
4%%
preferred
—_——100
Allegheny Corp common
1
5%%
preferred A—;
—100
May 13
64
*80
18%
1
"
3%
Friday
Oct. 1
Sept. 80
$ per share
64
89
50
33
Thursday
shaire
*80
65%
*80
19 Va
No par
common
65%
90
50%
CLOSED
Vicksburg Ry„
100
Gold Mining—_l_10
Inc
$ per
50%
18%
EXCHANGE
Juneau
Aldens
$ per share
3%
1
1
Inc—
PRICES
Wednesday
3%
Corp__lo
Corp
&
STOCK
—------No par
Coro
Alaska
2
75
—10
Co——'.
Reduction
Alabama
4% May 15
55% July 13
Feb
—1
Co
Express
Admiral
May 18
80% Jun
17
2% Mar 15
44
Steel
-2.50
Co__„_
Motors
SALE
Sept. 29
65%
65%
*80
HIGH
Sept. 28
S per share
f perthara
AND
Tuesday
Sept. 27
No par
Addressograph-Multigraph
4% May 20
21% May 21
28
14% Feb
•
102% Aug
5% Feb
Dec
2% May
56
41
Feb
3%
25
27
% July 27
15% Sep
2
16 Ve
75
Apr
10%
v
Dec
100
42
38%
30% May
■,
Jan
40%
May
,,
c6^.
LOW
Monday
Sept. 25
Straus——No par
&
10%
38
Saturday
Par
Dec
5%
STOCK
YORK
EXCHANGE
$ per share
I per share
July
NEW
Highest
<
.
for
Friday
Sale*
Oct. 1
,
the Week
"
Lowest
•Highest
I per share
18%
80
>
Jun
Dec
<
7%
tper share
Dec
28%
127
Dec
8%
Lowest
Highest
I per share
13% Sep
30
21% May 24
Amer Mach &
79% Feb
5
6V4 Feb
11
94% Jun 10
10% May 27
Amer Machine &
35
American Metal
24 Vt Mar
9
July
14%
124
Sep
7
Feb
17
%
Feb
16%
Feb
85
Dec
129%
Feb
Feb
Dec
117%
Feb
72% Feb
21
Feb-
12% Feb
13
164% Apr
»6
39
11% May
170
17
Dec
•
9%
186
Oct
16%
Aug
Feb
29
Feb
10
34 Vt July
6% Feb
28.
11% Jun
;
81
22% Feb
8
Aug 25
16% Feb 14
Jun
42%
Oct
38
Sep
48% May
70%
Dec
46% Feb.
v
142
Dec
:
172
July
139
Mar 10
Dec
40
Mar
31
Mar 19
158
Jan
127
25% May
37
Feb
231/4
28% July
29 V4 Jan
Jun
21 --Jun
Octv
25% Feb
1
27
22 Va Mar 12
Jan
9
163% Jun
Jan
Steel
24% Jan
5
147% Mar 17
82%
Feb
xl
16%
Oct
116V4 Mar
6
7~e
Dec
8%
Dec
26%
Jan
50%
Oct
36% Mar 17
90
7
Feb
11
Snuff
non-cum
Stores
Feb
54Vt Mar 29
No par
—11—__—_100
preferred
6%
American
174%
Octv 1
46% Feb 14
158% Jun
68% Jan
144
10
5
Mar
9
7%
120
Jun
American
6%
8% Apr
22
'53
Sumatra
Tobacco
Tobacco
—
common
5
—25
preferred
100'
3%
Jun
6%
Feb
Apr
39%
Oct
Apr
9%: Dec
30
^
16
1
-
9
3
18 '/a Feb 11
Jan
8
Mar 17
38% Jan
107
Jun
60% Jun
36% Jun
16
14
20
Apr
"116%
117%
117 Va
118
131
;
For loothotas^
tee
page
27% Sep
24.
2
27
6% May 26
101%
*97%
100%
*97%
101%
*90%
100
*90
6%
*55%
57%
*55%
57%
*56
$4
Wire
&
No par
35
34%
35%
36 Va
36%
,36%
27
27
27 Va
——No par
*99
100%
27
*99%
49 Va
*49%
& Co_.
2145
Anderson-Prichard Oil Corp__,—10
Andes Copper Mining—
20
Anderson,
34%
36
Cprp com__12.50
preferred
Clayton
34% Jun
3
P
W
Products Co
Inc,
Archer-Daniels-Midland £—
7,300
131 Va
480
64%
4,000
118
•
260
7%
4,600
46%
16,200
>97% 101%
*92
100
100
7
2,000
'
*
Cable
97
61%
500
15,700
45%
100
6%
*90
64%
151%
400
7%
*99%
$5 prior conv
A
'<
*117%
49%
24
50,
23%
25%
*8%
100%
10
6%
6%
5
5%
5%
57
35
35%
34%
35 Va
36%
36%
36 Va
36 Va
26 Vt
*99
*49%
Va
50
25
*8%
10
No par
27 Vt
27%
27%
-
28 ^
5 Va
*27%
Va
5Va
28
.
35 Va
; 36
25%
57
60
35%
11,200
36 Va
970
25%
2,100
26
26 Va
98%
99
*98
99
120
50
26%
100
24%
5Va
57
57
10
5 Va
6'/a
6%
57
24Va
*8%
6%
50
50
50%
400
24 Va
25
24%
25%
8,800
*8%
10
*8%
10
"
4% Mar
60%
61%
6%
Amer
11'
14
65
151%
133
64%
91%
Anchor Hock Glass
Sep
60%
131 Vt
64%
101 Va
5
25% Oct
46 % Mar
151%
6 Vt
Anaconda
98
19
91%
preferred
"800
19
*99%
7%
2
112% July 28
600
36%
19
60%
59%
133
!
120
—100
2
Jan
151%
152
16%
-
36%
:
120
$4 conv prior preference
No par
Zinc Lead & Smelt com—_1
45% Jun
58% July
24% Dec
*18%
37%
8
41% May 27
51
18%
*16
16%
122
46
10
111% Mar
151%
*37
7%
11
Jan
18%
*16
*119
45%
30
Nov
*
16%
37
122
7%
30% Feb
Nov
16%
*119
46%
preferred
;
25
Anaconda Copper Mining——50
46%
14%
800
7%
67
35
3,300
23%
45%
24
101%
27%
*23%
7%
Sep
Feb
27%
23%
45%
57
Dec
27%
23%
7%
8
10
27 Vt
117
117
330
900
23%
133 Va
60%
133%
32%
127
27%
64%
59 Va
132 Va
1,100
1,400
3,100
148
127
2,200
56 Vt
32%
32
130
64
62
134
63%
148
148%
44 Va
Apr
Mar
151%
31%
46%
Inc
common
69 Va
42
150%
148
*127
24'/a
39
23%
36%
37
151%
31%
7%
Co
8
24
27%
'
122
18%
148%
130
1,700
19,700
168
8
"
44%
Works
Woolen
17
38%
8
24%
.5
Water
American
\ Feb
Dec
31%
*127
16
16
37
18%
117%
*163
169
No par
Am
6
36%
148%
32%
130
18%
117
8
55%
56%
1,800
.
•
56
*119
64%
13%
55 Va
18%
60
8Va
90
80
13%
•
55%
23%
63 %
*164
169
89%
80
9,400
r
56
27%
1133%
13%
600
900
-
9%
*38'/a
23%
—————100
80
13%
39
26%
Corp common—14
preferred
88%
79%
32
9%
*38 Va
150%
-
88%
13%
•
1,100
;
7%
39
23%
-
9%
6,900
1,100
v
29 Vt
32 J.
9%
7 Vt
125
*7
♦38Va
149
32%
-
'
31
9%
88 Vt
*8
14%
■
28%
*123
24 »/t
27%
16
v
<
7%
25
23%
100
76% Mar 3 6
30% May
148
37 Va
*
29
126
Shares
82 Va
7Vt
39
*127
120%
31
31
<
7%
13%
*80
6%
*24%
27%
16
*123
7%
14%
82 Va
"79%
*164
-
8%
54%
151
28%
29
126
S per share
v
24%
*38
•
•
6%
13%
13%
24%
55%
37
95
May 19
-
119
Feb
May
•
-143
pari
Feb
24
38
100
-
Jan
Jun
33
*80
88 Vt
79%"
169
13%
-
6%
\
t per share
178%
89
8
8
24%
32
10%
8% Jun
■'
*166%
169
130
110 %
104
9 Vt
13%
'•
24%
32
103%
21
30%
9%
79
13%
*128
Jun
Jan
80
13
Refg common-—100
American Viscose
5%
30%
9 Va
90
79
'V
'
7%
88
87%
S
28%
*123
7%
30%
9%
*163%
-
7%
31
31
•V.- 9
Foundries—No par
Co——No par
American Tel & Tel Co
10
56% July 28
preferred
American
1
Sept. 30
15
83
*80
'6%
126
*123
7%
,_100
May
62
-
*7%
28%
28%
..r
•'
6%
'
—25
com__
Stove Co__i__1—1__No
American Sugar
9
71% July
American
Co
preferred—.
5%' May
68%
.
29
-■
14%
15
83
*6%:
6%
v
American
20% May 25
131
7%
American
15
>81
15 Va
83
126
Refg, common
9
17% Aug 18
163% Jply
60
Dec
120% Aug
&
22
27
Oct
Apr.
Smelt
Apr
35% Jun
41
May 21
131% July 15
Dec
Am
t per share
29
No par
Safety Razor1
5
Seating Co—
No par
Ship Building Co'——_No par
S per share
*123
—-L—No par
San'y corn-—No par
preferred ——
100
7%
26
15% Aug 13
34% Feb 13
41 Va May
CLOSED 3
American
11
35% May 18
140
116% Mar 15
62.
EXCHANGE
No par
No par
fer share
14%
preferred
May 27
Feb
135
Co—__
Light com
preferred
$5
68
Dec
.
&
•
47%
Jun
News
1-100
——
Sept. 29
V,6 %
Co—-——1—1
$6
Amer
12
146%
149%
Ltd com_No par
Sept. 28
*81%
STOCK
Amer Rad & St
Apr
May
20
Co
Molasses
Power
46
May
Oct
Amer
No par
American
34
18%
American
I
9 per thara
No par
—100
com
Metals
preferred
27% July 14.
116
■
6%
Fdy Co
preferred
American
27
12VaJan
'
•
Dec
32
136 Va
8
24
86% May 14
16% May 21
176
11
34
,
2
95% May 14
>
27
15 % May
9
3.90%
6
8% Jan
11
<76%
;
July
135% July
17
Feb
Dec
7
Par
Feb
Sept. 27
Sept. 25
$ per share
Sep
32% July
147
Dec
28% May
-i
EXCHANGE
*
Jan
101
7,15%
x25% May
'
5
27 Va
5
28 Vt
.
*5
27%'
5%
500
28 y8
2,200
14
THE
(1370)
COMMERCIAL .&
NEW
Range for Previous
lear 1947
Lowest
Range since Jan. 1
•
Lowest
$ per share
$ per share
NEW YORK
Highest
Saturday
.
Sper share
•<■'
1.■
1
24%
May*
37%
Feb
25% Feb
11
99
May
109%
Feb
90
Feb
17
9% May
15%
Oct
7% Oct
1
Jan
77 % Sep
41% Feb
10
88
15 %
30
Jan
130%
Dec
32% May 21
101% Jun '25
29
106
Armco
'
May 19
Jan
9
56% Jun
11
99 % Jun
14
38%
Jun
55
91'A
Dec
110
Feb
Sep
19
Jan
14
10% May
17%
Feb
12% Mar 12
17% Aug
13%
20%
Feb
12% Mar 16
19
111
May 10
106
July
14
Dec
i99
Dec
132% iFeb
,100
99
Dec
134
Feb
94
34
X Dec
25
66
May
Dec
96
Mar
Feb
18%
14% Feb
Jun
Arnold
120% Sep
107% Jun
3
19% Jun
24
24
6
Atch
2
62
July .14
47%.Mar l
23%
Jun
62
Jan
.77
Mar
06
Sep
10
78% Mar
31%
Apr
40
.Dec
30
Feb
21
Nov
113%
91
Dec
105
102
Feb
91
Feb
9
26% July
July
21% May
:57
Sep
Aug
20
Feb
11
Apr
121
27%
99
12%
13
Dec
Dec
15%
9 % May 21
Jan
26
,8%< Sep
27% Jan
Dec
j4% May
28
12% .Sep
4% Feb
19% Jan
26
IFeb
35%.Jan
22
4.%
13%
<16
Dec
13% ;Feb '11
May
Dec
24% iFeb
7% May
<16% Feb
10
ill % May
25% IFeb
15% Feb 11"
May
16% <Feb
'60
Jan
,42%
118
55%
145%
3.
Baldwin
22
Bangor
Conv
59
«9
4%
May 14
28% Jun
" 'Jun
15
Dec
54 %
(Jan
37
'Mar 24
45
20%
Apr
39%
Dec
31
.Feb
;87/a
Dec
19% IFeb
44% May 7.
16% Mar 31
>1(8
Jun
25%
Dec
■®3%
Dec
<110% Jan
Dec
9%'Feb
20% Aug
<17%
•96 %
'24%
Nov
62
Dec
12
40
90
86
,39% War
,July
,
30
100
'Feb
11
32% Feb
;5
.12% May
JOYa May
18% \Oct
14
24 %
•95
Dec
Jan
;
Sep 27
17%'Sep 27:
93% Mar 16
106% Aug
:9
16
24% Jan
4J8
26
'Feb ill.
38%,Jun
13
Aug 11
21%.Jan ;2
26% July 9
777%
Dec
21%:Sep 28
77%-Sep 20
87 % Mar 10
;24%
Dec
35% "Jan
*19 %
Apr
32%
jV- (fl
1133%
Dec
Oct
•
30%:Feb'27
___
150
27
13%
Dec
18 %
.
Jan
'Sep 27
9 %
Best
J per share
-25
■
.
Highest
# per-share
May
;36
Range since Jan.
iLowest
fiper share
Jan
28
xl3
$
,'Feb 111
x20% iFeb
12% May
Feb 111
1
%;Sep 28
14%,Sep 27:
41%. July
32% Mar :15
21%'Feb 10'
159
IFeb
25
Dec
45%
416
Jan
73% Sep
Dec
.67
,Jan
;88%
49% Jan
65
(Oct
Dec
102
3 % May
32
7
Dec
*9Vz (Dec
•
119%
7%.Jan
50
JJan
8% Sep 21
109% Apr
28% iFeb
Dec
26 YaiSep
93% Feb
35%
Jun
Dec
20%
;
36% .Jan
20%
Jan
125
Sfeel (Del)
Nov
16% Feb .11
120
8
Dec
86 % iFeb
65
Dec
C14% May
,26
May
14
37%
=80
Dec
80
May
84
13
3 8% iFeb
29%riPeb
.22% iFeb
104%
81
77
88
108%
.3
Dec
6
79
Jan
Feb
24% iFeb
Jan
27
2 Ya'Mar 17:
'22% -.Oct
104
:*Mar 16
'Sep
16
War'.17
98% .Jan 15
.
*
.27%
May
Oct
23% (Feb ill
Jun 18
»Jun' 13
Jan
>6
17% Jun
•
9%?Martl6
76
1
.1
;3
10% July ;1
'
108
Sep 17
15%.Jun \'.2
89
Jan
9
4% "May 18
27 Ys.July tM
105
July 9
35%. Jun 16
EXCHANGE
f
43 Ya
23%;
23 Va
"*39%
23%
*39%
','38,Vb
*
187/a
19
,
33 V2
34
r
*33 %
81%
*81%
24%
Apr
Dec
'1%
Dec
.6
'34%
x55
27 7/a (Mar 17
40% Jun
52
54 V2
/Jan
5
'
l%.Mar 12
3
;8% 'Feb
% May
21% May
12% May
Dec
Jan
^3% Feb
5%.Sep .29
24% iFeb 11
8
34% vOCt
"17% sFeb
10
ISep 20
106
July.19,
'110
Dec
38
Dec
48% Feb
38% (Feb
18
Dec
25% Feb
14%Mar 16
■'9% May
33% Nov
iFor
15
Sep 115
:May 17
132
Feb
15%
Feb
'47%
Dec
footnotes
see tpage
11
10
'.Mar
4
38
-Mar
",1
24.
%.May 21
31:%lMay ft
15%'May 21
119
44
.Jun
Q
:May,14
xl9%lMay 26
19Va;May.l/4
47%. May 19
33%
13%
xl2
12
*32
333/4
12
,12
*32
34
,34
16
%
%
18
v
.18
18Ya
98:%
34 Ys
33 Ya
'
' '
•
/
,.16%
•*14'A
>14 3/4
18%
18'A
*96 '••>
98%
35%
-600
,18%
600
18'A
'>
'(
-98%
*96
600
''V:
34%
35%
34%
347/a
9.700
133/4
14
13%
'137/b
*13%
,133A
1.900
22
22%
22%
*22%
22 3A
1.600
79
*77
.78
*95%
97
79
,
30%
v-v'.,'..
.96 Va
,
34%
9Y4
27
31-
Ya
35%
93/4
35 Ya
132%
28
28%
9%
21%
"
31%
133%
283/4
9 Ys
28
•_.
r
•97
*307/a
132Y2
,27 Vi
"
*95%,
27Ya
x31
35%- ■
*77
97
27%
•
,•
131%
27%
,
79
*95%
.
27%
;v
*76
{;3i%
"131%
•
9%
0%
■
Tuesday
Sept. 28
'
-32
"
,v
35 •>;
'•
13
'
-
35 Y«
31
35 Va
<
100
27%
301-a
133 Vb
1.400
3,000
■':•;•■
35%
.133%
21.900
134
900
'
28%
.28-%
28 34
900
•10 '/a
10
.33
*
«■
14%
'12Ya
lOYa
900
'
14 V4
'15
44
43%
43%
24%
23 Ya
24 3A
25
*74
••
253/4
■75
-
=
*25
•40%
40%
5434
2Ya
Co
2Ya
'
35
5
55
36
2Ya
*35%
-
8
-
8%
*47
"
52 Vs
*47.. :
87/a
:"8%
•
15
'8
•
..
-
90
89
83/4
31%
31%
31%
29%
30
'
.30
J2.50
26 Vs
26%
.
97
*.93
_jNo par
22%
22%
10'A
10%
r15
*31%
,-
32
*94'A /,96
v
*31%
*94%
18%
',18%
.
17
*121%: ,122
120
68%
33
1
10Q,
*80%
'
*68
-
;_100
Burroughs "Adding Machine—No par
•
—
Bush Terminal
.102
76
Zinc—i-_—5
commdn___No
3%
.19 Ya
par
102 3A
preferred,—100
.No par
Co
11%
'
27%
,.8
-
r> \8
•
*47
8%
26%'
.
.
3%
102 3/4
,28
'
168%
38%
15%
8
.
5
68
68
•
*33%
*81
,
3%
'38%
20%
•90
-
36%
21
',80
>;
101
101 '■■<
11%
3%
5Ys
6
5%
W.'Ac C Fdy—__l_No par
Dry Ginger Ale 'com—-21.66Y3
No.par
100
Ltd,
25%
25%
.10%
10'A
,108%. 108%
42 3A
1413A
Nppar
*I7Ya
—25
13%
—'—No par
"39%
1
6
68%
*34
'7,000
200
-
•91%
-'8$7/b
80 •
<
153A "il6
>
8
%
102
"
102
<•;.:.
;14,300
80
*100%
102
"
niVa
•
■
11 Va
40
3%
•3
3
"20 Yb
22
22
;5Ya
103
.1,400
"37%
37%
.2,000
38
f
53
*53
•'
2
2
5Ya
•5%
24 7/a
25
10%
10%
10%
10%
■lOYa
108%
108 V4
108'A
108%
*41%
42 Y4
*■41%
42 %
*17Ya
18%
*17%
118'A
*24%
243/4
10
28%
2
',5%
2,000
.
•28%
53
10
'24%
*102%
37%
•'
170
1,600
800
3%
.2 •
■
77
20 Ya
53
•
7,900
.
*76
29
< ■
3,100
77YB
*28
*200
r
t...:'."
80
V
'
<
8 Va
'11%
37%
,
•
90%
*89
8%
11
*102% 1103
700
1/400
15% .*157/a
•'r
*76
;29
500
100
21% V.
90%
V
8%
'
,
30%
*86 Va
*75
270
83
21%
:
9,600
•
'16 %
39%'
53%
E
*24 'A
,10 V8
40
2
4,700
'
6
3.100
24 Ya
'
f 10
1,200
Va
5,700
*108% :109%
170
*42
■42 3A
*17%
a«v4
*17%
118
14
"13%
13%
13 Ya
14%
13 Ya
,14%
14
<40
*39 'A
40
40
.40
40
•40 %
•41
"18%
;
<
35
*81
:*16'/a
'108% 108%
*41Y4 .142%
24'%
2,000
•
69
3%
53
•:
'
■-
>
■
'/
9'A
,120%
37%
2
121
100
'
.:
-.17 %,
9
77%
20
2 Va
17%
■11%
28%
54
'
•21%
*75
2
36%
V;
20
*120%
•
'40
*85
.36%
<17% '
83
*89%
;88%
1271%
2,000
96,
20
16%
*39
120%
102% 103
:103
4,500
32
*94%
.35
L6%
*85'.
77
20%
100
;
23
*3-13 a
i
2,400
•10%
'-"lOVs
.68
,
34%
*53
$4.25 /conv .preferred
Canada "Southern Ry »Co_
"700
27
95
'22%
-<
9%
81
>8 Vs
3 %
-,263A
.96
'9
•16'"
77
■
•
8%
19%
*102,%
,27J
17
16 Va .516%
38%
-
,20
*120V2 •122
.
9%
15%
11%
:
20
18,'
.122
<8%
101'V.
32
*94'A
34
*
,2
Campbell
3,900
29 Va
!
^68
53
"'57/8
3.400
32 Ya
,
.29%
23 V4
'
*31%'
.19%
163/a
11
77
32
<96
*75
=v80
101
^
'
120%
<0
2
:•
1,200
;52Va
'05
10%" 10%
10%
90
120%
.88 <-*
''
23
53
5
200
:
9
:<<. 32
<05
81
'90
76%
.20
0
*89 Va
"*75
'23
"36
Cons.Copper
100
800
•:-'■■
"■'v;8<%
'
V
20%
263A
*93
1
—
.' -
37 Va
.
'<■
*47
'.83A
26%
common—No par
—/———_50
Zinc-Lead
•-K.*8
•
.<.52%
31 Yb • 32-:
;
95
'.17%
121
.34%
10%
.102
.11
*36%
•
19
*85
=
1
<8 %
15
5,300
3,600
*36% ,37%
8%
*94%
i 82
.374i
•
16%
100
——L
9,500
..
.
23A
29%
32
?
96
IGVa :i6.Vs
.80"
7Y8
Bldg lc/o ,preferred_^100
Bros 4common—
84 Ya
15 Ya
—1
640
;
,57
"2Ya
30 *
10%
32
*30%
20 ;v :
-*75
..'.56%'
2 Ya
22 Ya
.
nl&'Ys
*33
:90
84 Ya
,40s/a
567/b
2Ya
32
*93
■18
,
8%
.82
.19 Ya
40 3,8
220
35%
90 Va
2G%
26%
:96
10'A
-
..67%
pfd
,8
8%
'22Ya
/;.;'
19 ;.v
No par
r_„
20Ya
-
*88'A
30
10 Va
...
17%
—5
—100
203/a
39% '. 40 Va
31%
•>.; 22%
18 'A
par
35
700
.
v
8lTV'
:
v.:'"
35%
*89%"' 90 Va "
'89 %
*47:52 Va
8%
:.
13%
73%
: I.
.50
3,400
.
26
20Ys
.
56,%'
57%
%"
37%
.
♦25
74
300
45
24s/a
'
' 27
;>*94
_100
73%
2,500
15
*43
,'24%,
25 3A
'
20 s/s
2 Ya
32
29%
*29%
40%
*14%
2.600
123A\
!'12%
24%
35%
*36%
■
200
15 Va
*15
45
V4
21
2%
<8
24
'36
56
•
*43
'73%
,40%
''
52 Vs
_*No par
ii-25.%
20%
37
,No par
.
24%
36
'•',:
2Ya
—iNo par
,14%
"
45 t
253/a
'
"55
*89%
14%
'15
Shares
32
: 32
"12 Ya
24 Ya
40%
40%
56
-01
12 3A
*43
the Week
*
12%
*14%
'74
•
'
;
33
^Sales :for
1
•
■'-> =< per share
.15%
73 3A
"
36
'
.
15%
*
.
21
*89'/4
*32
.15%
■'
"
25%
73%
:
,
33
Friday
Oct
X
12%
,
••!*
•
■$ per share
15%
*
•44
par
*32
'
;
Thursday
<Sept. 30
••
share
per
.
'14 %"" -15V8
-12 Va
-
.
Wednesday
Sept. 29 'V '<
..
$ per share
>*32%
"
-15%
,j_1
Ry
1.500
16%
14%
.
22-
27%
9%
Pacific
2,300
14
*74
35%
8%
Canadian
»
34
21%
I 96%
V ^27%
5
lt—_
Breweries
*
34
140
13 Ys
20 Ya
common
Canadjan
60
800
21%
<
<
-23 Ya
No par
California Packing
5%. .preferred
400
Y
.
12
33
•:'•
J 6%
•
18%
34 Ya
■
-
08%
*96
,*11%
,*31
=
34%
34
*14
33 Va
common,
^participating
34
34*
21 %
Co
preferred
1,700
r:
.33%
•
35%
America——
3ysifr preferred
84
88 Va
14%
*88 Ya
Cannon* Mills
18%.
33%
*82
1**87%
16%
Burlington 'Mills Corp (.common—1
4% preferred—-—^
—:10O
3%% conv.2nd preferred——100
Can
;18%
•
,•
<87YB
16%
common—jNo par
Calumet & ,Hecla
2.200
87%
14%
,39%
Calahan
.5,800
89%
.
—-
—
38%
*87%;
> «
(assented)_100
RR
800
■■;.,•■
40%
89%
•14
133
;
,10%
83%
187/a i
18%
900
..
37Ya
•
33 3A
81%
*
-
,10%
10%
A
'51%
,
40 Va
: 37%
10%
.
1,100
50
43Ya
10%
.19
3,100
79
•'..:
41
<l6Ys
,38%
1%
23%
:
18 Ya
34
127%..-:.
-14%
CLOSED
5
No par
Byron Jackson
23%
13.300
24 Ya
-18 Ya
131%^^
I 12 V2
STOCK
15
(\A M)
44
38
20%
Inc .•common
Copper Ac
44
,14
Inc——5
I
43%
23
*77
10Ya
,33%
*32
■16 -r
Byers Co
79
.16 V«
;16
'Butte
24%
19,700
24%
23
24
*77
900
14
22
22'/a
24%
<79
<;
16 %'•:;•
L_____'_100
Co
4'/2%
24%
14 V4
14% :
=13%
37Y»
353/4
common,
Niag El .Corp 3.60^
Butler
22%
21Ya
*77
,
14%
44%
•
14
*39'/2
—1__1
Bigelow—
Bush Term
114%
_'No par
Bulova '.Watch "Co
>.
•14%
14%
13%
18%
.
fi^per share
^—5
Ai—?No
class
Maine
14%
14%
.14%
41%
•13
79
15 V8
:_2.50
Brass_-
preferred
Buffalo Forge Co
;3
97
,88
,7% Mar .16
Jan
Dec
Apr >13
12% (Feb .13
:Dec
Dec.
24%,Jun
<
500
^87%
97%
'•32
j__No par
$5
Jun 15
100
rMar 31
79% IFeb 26
46% Jan
Jun
14
16%,"Marl6
'Feb
"Mar
05 % .Jan
40
&
■'
"No par
preferred
Bullard
79
49
40
21,000
18%
Monday
=__'No par
new'..common—
i(fThe) vQo
Buff
400
Mfg'Coi
7% (preferred
Budd
2,400
638
42 Va
,18 Ya
%: i._ ■ Sept. 2.7
$ per share
Par
1
BucyruS-Erie fCo
1243A, July ,2
ll%,May 15
75
July 12
21% May 115
43% Jun si
<11
43% May
847/a May
>
Mar 30
x32% -Feb
Saturday
Brunswick^Balke-Collender __No
90%. Jun 21
May
.72
20
14
6%
*40%
42
10 y4
*96
•
9%
-
'
:
:
Shoe-Co
15%-Mar ^8
tl2% May
<6
Nov
IFeb
*13 %
3,700
LOW AND HIGH SALE PRICES
Inc__1
Brown
24% May 17
rSep 28
8YB
"
Sept. 25
—■!„
&
78%, Aug 11
Jun
27
„
$3.60
200
.
"18%
18%
133
stock
Co
Brown
23% Feb
Majr
v..
"34%
100
Roller ..Bearing
402% Apr
-
;'
12 V8. July 26
r'5
8%
6%
200
14
18 Ya
,;9834
30%
.No par
preferred
Brooklyn Union Gas__„
99
Aug 111
x22% May 27
100
6 Va
i*5Ya
114
14%
14%
:
;27
com. .No par
:
Carpet
3?AcJo
Sep <17
160
23%
18 Ya
333/4
17%
1
33% Aug
26
13
Dec
<80
Feb
;2
<6%"
14%
1-4%
•81%, <81%
33%
16%
1
-
BristolMyers jCo
23 %
■
14
14% (Feb
•25% May
ser
Briggs Manufacturing
Briggs
Stratton—,
101%,Apr 27
14
17% Feb
Cr, May
69
5
90%;Feb
Apr
;27% iFeb
,13 % May
.120
27
106%
Dec
;
;9
*13
670
101
'
'
8%*
14 ■••;
*40%
'
840
430
2,800
50'A
50%
il4
373/4
.
10%
215,8
3J%.Jun
27'
37
34%
34%. May 1-8
15% 'Marl6
9 Ys'Sep
,95
HYa May 15
36Ya Jun
8Ya
8.000
213A
*20%
6 Vs
3,400
92%
'*99
13%
22 %
'*39%
.13%
Brewing ;Corp. of
Bridgeport Brass
10
•i
*13%
13%
2-3%
13
13
Branlff .Airwnys 'Inc——^—2.50
.Feb
•
42
23%
"33%
*96
71
25 Va Mar,16
Jan
■Bower
Jun\25
1,000
107%
,
21%
23%
*5 Ya
<6% '"••6%
"41'
cX92
99
87/a
13%
-
'<6%
25Y4
3/a
23
21%
Co <(The)
&
14
43%
33 3/a
3Vi% vpreferred
Boston
<600
4,600
■
39
xl07'A
50 Ya
QQ
*20%
13Ya
21%
*24
.<89
14
10'A May 18
x27%>Manl7
63
Dec
42
-8
18% 'Feb
May 24
5% MaV 15
Apr 28
31% iFeb
30% Nov
,90
33% Mar 18
40 Ya 'Feb
.May
23% May
96
,1% Aug 26
Feb
Borden
1
2
50
99
43.
..13%
Borg-»Wlarnerf.Corp
.'Feb 24'
JJan
51
42
5
66%.July 13
38
42 % (Feb <11
88
(Sep
.21 Ya
78.
*32
^_10
100
common
J,,
Go
21%
23%
6%
.14 Ys
13%
19:
89
__1
<
Loan
Bond ^Stores
B
21%
78
Appliances,-^ __33%c
Aluminum
Class
93%
|14%
14
,10%
18% i
25
i.__l__10
:
L
1
J
Co
CE W)'Co
Boa Ami
19
108 V2
*93 Va
8%
41'/4
*<1:4%
37/1-;."
,10%
-.__"______50
Co_l
Bliss i& Laughlin Inc—:
Bloomlngdale Brothers
Boeing Airplane Co
Jan '12
Jan
..
41%
36%
t
./—No par
_J
273A May/15
44% Jun
9 '
4
13
.
23%
*96
Bohn
108%
.43-:
*39%
5
1—1
Corp__:
Decker
Bliss
12,900
%
72
373/4.
*
RR
51
13% ;Feb
:&0
50
li
pfd'44 div serof;i948 .No par
Blaw-Knox
41Y4
*68
38%
"
*76
Black
40%
73
94
78
*23
of .1946
;
•40%
375/a
109
8%
>6
r
14 M
.No par
37:% Way 18
<
8%
'41 %
13 Ya
42%
-^—10
common
.Packing
28
Feb
96
Co
34 %-'Sep 116
39%
IDec
14%
13%
.-10
•
;
53
39%
*13%
'14
.13
-
■
14
100
Inc-j--
96
6%
May
,'81
iSep 27
1
:v
'63/a
41 Va
14%
,—13
common
pfd
20% Mar
•,,
135% (Feb
May
,38% May
37% May
.
■
29%.Apr '16 '
48% IDec
*13%
•13%
<6
.41
1
Works
new york
per share
24% tOet
25
-.13%
No par
exchange
14% May
'29% "Nov
5
3
Amer
Foods
,
28 % May
#9
*
.
8 Ya
Birmingham .Electric Co_^__. .No par
143/4'Sep
2
17% May 16
44% July j8
May
14
133/4
':■-<■• <83/a
common
Cprp
7% preferred
Bigeiow-Sanfcu-d
36% July 15
10% May 18
12
14
<*
com,
■Highest
53
*68
*20%
*5%
6V8
.stocks
Year 1947
Lowest
18
52%
73
*96
-*5%
1
Works
Range for Previous
<•
102'/a
17%
38%
*50
5Ya
preferred
Bethlehem
139%'July 14
37% May 15
14% Jan 14
Sep 29
50
99
5Y8
Oil ,Co.___^_.
Co
116%
102 Va
,11%
52 3A"
213/a
21%
iNo par
common
pfd ,$3.25
Best &
2?
114%
102%
41
37%
'21%
22%
Home
Cum
,Jun 14
38
'Mar 16.'
125
,Jan
*96
26%
Beneficial .Indus
102% July'23
30 % May 24
37% May
101
25
Howell
Cum
150
1153A
.
93%
21%
Bendix Aviation
:9
29 Ya
3,000
17%
523/4
10&
.23%
Mills, Inc__^
Bendix
28%
'Aug 18
23%'Feb ,1*4
25
Feb 1*
99
20%
Bell .Aircraft
25% -Nov
94
50
*77
Creek
39% 'Feb
-103 % iFeb
21%
50
18%
Sep
Jan
21 Ya
.<81%
May
16
114
.17%
39%
<93
33%
May
15%
102%
116%
*68
108
,18%
tl7%
■
52%
37%
93
10,?•
•jfil %
29Va'
167/a
*21%
preferred
Foods
4V4%
1,100
<108
33%
Bell ,i&
30
73
<81 %
>':''•
29 %
41%
367/b
,33%
15
i..'
60
29%
29%
51%
21%
common___._100
BeldingrHeminway
2
103%Jun
100
100
94%
50
Beech-Nut
100
100
115%
_'——100
Beech
16%
102% a 02%
50
,
130
100 %
16
____2.50
Beck Shoe (A S) 4%% pfd_—__100
Beech Aircraft Corp_
1
1
I
18
37% July 23
20% May 21
19%.Mar.22
1-4% IFeb 116
18% Jan
<16% May
Jan
15% Apr
34 % Apr
2
900
101 %
<109%
(preferred-,.100
(Corp
(Delaware) ____10
conv
Beaunit
157/a
100
,,__lNo par
xnc__
Bayuk, Cigars,
;8
600
15%
16
380
,
100%
93%
__No par
preferred
3%%
15%
.16
39 3/8
Aroostook
Beatrice
;8
22% May
1
8%,Jan
1.2
Jan
*14%
102
29%
*68
108
___100
B
Co of
Ohio
Brothers
4%%
ft%
•
101%
118 %
73
5%
Barnsdall
109
B
&
Bath Iron
43% May 15
17
16%'Mar 10
(Feb
Jun
23 % Jan
'Feb 113
31
80% Sep
.Jan
Dec
■29
<30 %
18% Sep :30
(Jan
1108 % IFeb
;'6% May
111,
24
16
15%
2,100
93
*108%
*15
102
37%
A—100
series
(The)
T)
Oil
16
49%
*92%
109'A
*14%
•
1.100
-
'100
153/4
42
.
.
*68
&
Barker
15%
93
350
38,900
*100%
51%
36
preferred
non-cum
Barber
14
41
>
^__^_____100
Locomotive
Baltimore
31% Jun
'Sep 28"
20 % Apr
17%.Jun
(B
16% .July 13
29%. July 14
Feb 11
*42
Jan
Babbitt
80% May 12
,60
-28% July
May
:
Mar 16
13%-Feb 10
IFeb
69
Dec
12%, Feb 27.
1
($1.20)j.^'_:-no par
Canteen
109%
,*14%-15%
49%
49%
*92%
.116%
52
5c
conv
•
49%
<
93%
:102
<
163/8
25
• comnion_
Corp
Mfg
78%
80
k
5
Automatic
3
102
'_10o
Co
16% Jun
117%
common
preferred
Corp
^
'
.13
115%
102
51%
77%
77 %
12.800
:
"
series
prior pfd
$2.25
29%
>No par
common
Avco
2
29%
16%
8 Ya
102
29%
.
94 %
77/a
"
28%
94%
87/a
Shares
100
*9734
100
273A
94%
8%
'110%
M10
153A
15%
>100
98%
com__100
common..:
Nichols
Conv
8
Jun
conv
,15%
102
10
I
Co
preferred
$3.75
Tack
Autocar
■15%
'100
98 %
:
Atlas
7% May 17
46
15%
_10o,
RR
preferred
Powder
Austin
16 % May 21
19
Jan 10
9
7% .Feb
49
Dec
114
Jan
9
24% Jan. 20
.29% -Jan
36%
Atlas
25
15%
100
Line
Atlas Corp
27
13
18% Feb
17%
conv
Preferred
64%.Apr 16
Sep
Feb
16%
,10
Refining
25% May 21
.
<14%
'15%
28
94%
49%
92%
111
,
the Week
,
27%
84
for
Sales
Oct. 1
■IS per share
8%
49
14%
preferred
non-cum
4%
8
"5% Mar 12
Jan
5% May
Jun
20%.Feb
July
,22% Mar-
May 22
99
48 % Aug 27
73
Dec
111%
114
9
5'%
49
»110
Friday
share
per
28
*80
94%
15
Inc
Atlantic
48%;
*92%
83%
,<*
,
94%
94
863/4
15
common—1
Investment
Coast
85%
49 %
93%
,27%
Thursday
Sept. 80
share
.8%
111
;
Atl;G & W 'I SS Lines
5
48%
No par
Dry .Goods
non-cum
F
Atlantic
50% July 12
105
T
CLOSED
87%
per
9
5
Inc
Topeka & Santa Fe
5%
A
94%
8%
*110
preferred
Associates
273/4
94%
9
87%
No par
Carpet Co
2nd
26Y4
95%
No par
<6% 1st preferred
7%
27%
8%
PRICES
'Wednesday
Sept. 2!)
263/4
EXCHANGE
SALE
$ per share
STOCK
No par
com
conv
Constable ;Corp
Associated
11
3
Co
preferred
HIGH
Sept. 28
,
'$ per share
,100
comr'/i-.S
Illinois
of
Cork
J pef&hare
com———10
preferred,
Co
preferred
Artloom
9
11
25%.Jan
34% Fqb
$3.75
$4
9
11
Feb
45
Feb
59
40% May
Feb
Feb
112
10%May
35
5
84
Jan
99
x98
Jan
&
Armstrong
115% July 12
18% Jun
2
5
Feb
26
Sep
2
Feb
Corp
conv
AND
Tuesday
Sept. 27
94%
Par
$6 conv prior preferred——No par
May 27
16
Mar 12
Jan
104% Mar
Steel
4% %
Armour
LOW
Monday
Sept. 25
■
Monday, October 4, 1948
RECORD
a
STOCK
EXCHANGE
„
103
STOCK
STOCKS
Highest
$ per share
YORK
FINANCIAL CHRONICLE
,.14 Ya
41
23,600
600
<
Volume 168
Number 4739
THE
.
COMMERCIAL
NEW
Range for Previous
11 7.
$ per share
$ per share
14%
v.-
Feb
11
Feb
13
5 7%
Feb
48% Apr
21
Dec
15%
Jan
3% Sep
20
Apr
NEW
Highest
May
50
1
Lowest
Highest
$ per share
YORK
STOCK
%
Jan
100 % Feb
18
27
Dec
39Va' Jan
27% Jan
YORK
$ per share
18
.•>
May 15
i-
Aug 26
Saturday
*
•
■'%[•
\
:
Capital Admin class A
S3
preferred
:■
-
Monday
Sept. 25
$ per
pat
Nov
Dec
50
32% Mar
8% Mar 22
4
128
12'/8 May
Oct
21'/a
35% May
45. 7,
7%
Jan
6
%' Feb
14
Oct
110% Jun
i
32
Mar 16
6 % Mar
Dec
35% Mar
.
2
47
Dec
132
158%
130
Jan
49 % May
64
17
Va May
28%
-
Dec
Dec
b
May
32%
Feb
19 3.»
Dec
21%
Feb
x97
130
19 7
17 %
par
Feb
9
Feb
52% Jun
Carrier Corp
5
Ught^^.^No
Case
147% July 15
General Corp™'.
I>- Co common!..™*.
preferred
15'/a
*53
54
Friday
15
*53
*15
*53
54
15
51
Jan
10
105
156
Apr
123
Feb
11
140
22% Feb
28
May 27
34% Jun 25
18% Sep
29
20 % Jan
JTuly
2
'7%*.
2hd
Celotex
5Ve\
,5
preferred....——
Corp
preferred™..':
Central
Foundry Co._.x.'
Central
of
7% Jun
18
96%
12%
10%
Jan
Feb
116
102
July
6
8% Mar
10
3
Central
8
Central'111
38%
2
108
Apr
77% Sep
17
83
Jan
7% Jan
6
39
10% Jun
23
Oct
14%
Feb
Jun
'59c
11% May
% May
21%
May
Dec
22% Oct
15
Oct
24% Feb
16
Feb
Oct
40%
Dec
54%
Dec
102 Va
25% Mar
July
1
37
'
716%
16%
9%
9%
7%
7%
*9%
10%
*9%
22%
23 Va
22%
14
14%
13%
.6%
Feb
14 Va
Feb
13
Va
Nov
27%
9
Jan
29
90
Nov
54%
Feb
Jan
34 3b
9
-2
7% Mar 16
30
•
Dec
Apr
15
14% Mar
Eclt
Products...—^™
Co
_™_—_No par
7;:■ 3 Va
56
Chic
&
East
Class
July 13
A__
111 RR Co
22% July 14
15% July 13
9% Jun 30
Chic
;Class B
Milw
15%
Feb
15%
Jan
21
Feb
-4%
Nov
•7% Mar
32
Dec
42 Va Mar
56 Va
Sep
66%
11
2% Sep
17
44% Oct
Nov
29%
18
63 Va May
6%
3,100
12:%
2,100
11
9,100
9%
9 %
10%
10Va
1,900
50
18 %
18%
18%
19
19 %
19 Va
3,400
11 Via
12'%
11 Va
11% "
13%
13%
5.400
Li
Paul &
20% Mar 13
27
48% July
33
Jun
4
23
Dec
1
11 Va
•
94
12% Mny
20%
23
34Va
May
Feb
7% Mar
Mar
78
Feb
8%
32%
Nov
Jun
95
6
43%
Jun
Dec
115 Va
July
106
Nov
109
71
Dec
101
Jan
42 Va
Dec
57
Feb
14 Va
Dec
24%
"
Mar
Feb
32
f
May
39% Mar
-34
*
Dec
26% Oct
106 % Aug
70
•
48% Mar
Dec
Feb
154
Dec
91 Va
Dec
30% Sep
Highest
$ per share
$ per share
191%
Nov
Jun
65%
Jan
61
May
Sep
18%
18%
18 Va
18%
19
3,500
46 Va
44%
45%
45
45
2,200
28%
28%
28 Va
29 %
29%
1,800
prefercnce__.No par
*54
55
RJR Co__No par
66 Va
67
*10%
•
66 7.:
■
11%
16%
67
67
6
I
I
37%
38 %
8,700
67'%
67 Va
67 Va
3,100
U
',4
11
38 %
11
11 Va
11%
16%
16%
1,100
2%
2%
2,000
17%
*1G%
17
2%
2%
7/: 2%
2%
2%
3
45%
47
48%
48% 7
40
38
38
55%
55%
28%
49
49%
*.47
Gas
™_25
Elec
&
*38
.2.50
55
com____8.50
_„_100
,
Corp
_T_™.
5Vc-
--
5
*33%
*165
Lophf Ry Co com---100
V
*4Vc-
2nd
'y
per
v>:.
Jan
>'
8
*78%
100
%
Saturday
1332
July
45% Jan
96
CorpJ-!
No par
ColgaterPalmolive-Peet cora__No par
2
Internat
4G
Feb
J6l% Mar 17
25% May 18
$3.50 preferred
Collins & Aikman™
22%
Oct
16
263i May 21
Colonial Mills Inc—
May
18
Oct
12% Feb
;
"^ek£ll.
Apr, 20
July 14
t per share
Far
Sept. 27
$ per share
146 %
Class A _UJ._-1._-—!—J„„x>oi/uf.
Coca-Cola
1
19 Va
61%'
T125
•-
STOCK
EXCHANGE
:-_No par.
1,300
33%
34
34
33%
33%
"800
190
*165
*85
90
*85
38%
38%
107%
'*26%
*107
"I
•27%
108
106 %
*107
"7,7
108
'
71
71
41
41
15
;
: *71
72
*71
72
;*4o%
Va.
15%
■
42
*40%
42
15%
.
27%
.
v'
V
V
27%
27%
;.*271%
15%
15%
27%
27%
Colo Fuel & Iron Corp
18% July 15
lev's
Feb
11
13
17y2 July 14
.4%- non-cum 2nd preferred—100
32%
Jan
22% Aug 26
32 % May 15
32%
Columbia Broad Sys Inc cl A_'__2.50
Class B_____U
2.50
'7Va
7%,
-
80
.
;;
"
30
7%'-
V?
30 V8
139%
139 Va
;*78%
80 ;
:
7 %:
;
V
30%
*139%
; 78%
7%
30%
*7%
21% Sep
Oct
10J/4 Feb
13
Feb
28
63
Dec
86
31% May 12
28
-14% Jun
29
13V4May21
78% Jun 15
30% May
39% Aug
27
3714 Apr
16
36
Dec
50
Feb
35 Vb Feb
5
43% Jun
4
36
May
23
87
Dec
48
Va
Oct
36% Jan
115%
20% May
2% May
94
Mar
Feb
90
Jan
2
20*
Feb
13
2V4 Feb
10
26% July
Jan
4
Dec
123%
Jan
33%
Jan
Jan
33%
3.5%
•
25Va Sep 23
14%
25%
30
Apr
...
4% May
21
Nov
28% Feb
27% July 20
29"%
4
Feb
Sep
103% Feb
*139'/a
141
78%
141
7
78%
6VaMay21
5
25V8Julvl2
107% July
6
11% May
10% Dec
20%
15%
Feb
40 Va
May
54%
Jan
41% Aug 25
51
Jan-
May
30
Jan
19% Feb
11
28
Aug 27
12% May
19%
Feb
11
24
10% July
17% Mar
17
Feb
11% Mar 16
9
Apr
147
Thursday
\
Sept. 30
Friday
145 Va
145 V2
Dec
38%
99%
Dec
114'/a
Feb
32% May
94% Dec
'11%
48"
:
104% July
100% Oct
42Va Jan
'1
5
99% May 25
Sep-27
30%
Dec
20%
Feb
10% Mat 17
-106%
Apr
84%
44%
Feb
30% Feb
5
40
May 15
110% July
92Va Sep
28
99
July 13
9% Sep
28
13% May 21
Dec
95
Dec
9
May
13 Va
Feb
May
6% May
55 Va
Dec
44
35 :,
Apr
12%
Apr
7
:
48% Mar 17
12%' Feb
55%
Dec
27%
Oct
Far footnotes
see
page
Mar 23
'
17% July 13
92% Sep *3
63% Jun
1
1,300
1,100
39%
*40%
41
1,500
47
4,600
Commercial Credit common.:
10
46
100
3.60% preferred —
Commercial Solvents.!
93
94
20 Va
20%
21
com
No par
3 Va
3%
.
Concol Edison of N Y
No par
com
preferred
$5
47
*93%
-No par
___No par
490
5,300
3%
162,000
98%
*98%
25%
25%
26 Va
*9%
*9%
9%
200
99
900
13,300
34%
*34
34%
1,800
27%
28
28 Va
700
Va
4%
4%
4,900
23 %
23%
12,100
106%
106%
106%
2,400
14%
14 Va
4
93
Grocers Corp___1.33%
•<' $4.50 preferred
200
45
-
*24%
*12%
1.900
9 Va
9%
•
.
100
45%
3,100
25
;1,100
13
10%
10"%
32 Va
12,500
10%
10%
33
4,400-
35,200
1,600
No par
100%
100%
840
$4.52 preferred
»___
No par
Container Corp of America com_.20
4% preferred ..i-_-r_j;--i_
100
Continental Baking Co com
No par
% $5.50 preferred
Liu^J—No par
Continental Can Inc:common
20
$3.75 preferred
No par
Continental Diamond Fibre™
5
100 Va
100%
1,520
_
—
V Continental Insurance...
Continental Motors—v
10
36
36
*91
3,300
94
20
13%
14
3,900
88
88
100
34%
34%
*91%
92%
200
*10'/«'
10%
1,300
58%
58%
5,700
1,200
Feb
27
10 % Jun
24
1
8%
8 Va
46% Feb
11
69% Jun
18
Continental Oil of Delaware™—5
56%
57 Va
10,300
Mar 16
19% Apr
16
Continental
16%
16%
600
6
i
*
23
"1,400
62
Consumers Power Co corn—'.No par
92
22%
180
%
34
35% Jun
106% May 25
23
350
13
23%
22 %
3,400
14
*12%
*12
5
Dec
94
*13%
*32%
15
33% Aug 12
Feb
13%
Va
*58
Consolidated Natural Gas.Jj
Sep 27
13,500
14
*31 %
16% Mar 20
98% July 26
:...
19
14
60
*61 Va
15% July -6
10a
■
19%
13%
J
No par
Consolidated Laundries Corp:
17
19
18%
18
«
.
No par
)
Columbian Carbon Co.—
2
27'
3,700
25,200
9% Sep
32% Feb
Feb
35%
35%
8Va
11% Aug 20
30
230
*1125
11%
21
15V4 May 12
700
63
*62%
8%
12% Jun
•
Shares
146 Va
146%
62 Va
Xll%
Consolidated
9
the Week
$ per share
7%
Consol RR of Cuba 6% pfd_
100
Consolidated Retail Stores Inc
1
Consolidated Textile Co Inc
:_10c
Consolidated Vultee Aircraft
1
Fel?
Sales for
Oct. 1
.
$ per share
11%
11
:
40
TOO
No par
xl8% Jun
30
7
.
: 7
No par
86 preferred series^-.-x.i-LNo par
Commonwealth Edison Co_^
25
Conde Nast Publishing Inc.
No par
Congoleum-Nairn Inc_
_No par
Consolidated Cigar__
No par
Consolidated Coppermines Corp___5
May 21
7; 7
78'A
System. Inc.
27
36% July 12
900
7900
.1,400
Pictures common
$4.25 cum preferred w w
Gas
Columbia
Apr
32
10
-
Commonw'lth & South
11% May 20
8
Mar
21
108 Va Mar
Nov
1st preferred__^_100
24
29^8 May 14
10
Feb
7
preferred-..:—-_--_20
Ry com—100-'
Southern
3% Jun
106
11
Feb
7
Nov
104%
8% Feb
July
29% May 26
95% Aug 30
Nov
8% May
23 % May
53% July 15
104
7/
7,
31
Gdiumbus & Southern Ohio Elec._10
24
7% Sep
60
Sep
28% Feb
7 Va
.
30 Va
\
22
Columbia
Jan
12%
7
'
17 Va
12% Feb-13
22 %
27'%
6,000
No par
com_
Feb
t
,16%
800
17%
Apr
10
40
;■
4,400
■9% May
Dec
1,100
107
91-.
20% July 14
18% Jun 25
10
180
26 Va
26 Va
*106%
24%
11
11%
:
5,500
107:%
20%
11
21%. Nov
I-'/-",
■
91
Feb
Dec
.
24%
Feb
21%
'
■■■
.
20%
11
% Apr
7
90
39
20%
16
•
190
38%
107%
26% 7 26%
*
'
38%
23%
Feb
non-cum
20
19 V2
*88
CLOSED
Feb
4%
1,500
♦7
18%
'
par
17%
conv
1,100
7V^
5
L—No
20%
5rA
77.7:
8%
85
19%-
34%
*
May
Colorado &
28
*
*8%
*81
19
.
Monday
-
Sept. 25
(The) common_No par
Coca-Cola Co
'
.'28
,
8%
-
:
-
28 Va
84 Va
*165
CY
15 %T
139 Va '139 Va
100
'J.
STOCKS
2
2*1%
*81
90
*106%
30%
*!.'>'• NEW YORK STOCK
Wzpf?
EXCHANGE vr
share
63% Jun
27 Va
7%
preferred-
4,800
'
14%
"
cum
.
230
1,600
41% 742%
'
190
38%
*107
.
30
22 Va
*22%
*85
:
.
'
.
42
.
.:
1
.7%' preferred---1—:_j—
•
5,100
94 %
.
*165
108
72
Va
33%
38 Va
*41
■'A
8%
-
L'i
90
*70%
84
19
28%
94
42%
-
28 V2
*81
:
190
;
41%
15,100
27%
22%
57 Va
94%
22%
39'%
56
/
•
*28%
.
19%
*106 Va
Corp:-
Dec
May
360
*38
28
94
41%
83
34
27%
;
22%
.: 41%:
rv*
56%
'
Clinton Industries -Inc.
Aug
8
400
46
44 Va
.
39%
55s/«
94%'
22'A
107;... 107
'26%
26%
Ciuett Peaby.dy & Cp com-—iNo par
S'
8%
18%
20
preferred---:
*94
28 Va
;s%
*8t
Graph Bronze Co com_™___l
preferred
jjs-i-i'i
1 -_100
v.'ciopay.
5
-.
100
Cleye & Pitts RR Co 7%: gtd—-50
vV.< Special gtd 4% stock__,-„-iA_--50
Climax Molybdenum.—-----No par
5
10% Jan
& St
28%
,
41%:
28%
5
28
*38
56%
22%
41 Va
No par
preferred-*
'
22 Va
No par
39 Va
*38
:.55%
-
94%
*94
Machine Cb—10
18
8
55
37%
,
*16%
56 %
v
•
*54
67
38%
11
54 Va
16%
27%
100
i
*54
16%
3
48 %
38
*10% 711 %-v"
16%
3
38%
36
38
Cleve
183
32% Aug 16
x87%Sep-. 10
36%
_1
Co..—l
23%
16% May
36
54 %
*54
55
*54
*85
9
$
1
105% July
Dec
4,700
18%
.."'.Highest '.v)V
Jan
56
1,300
9,400
34
28%
100
25
..v.*-v
28
July
9
33%
45
preferred.—,——,.
non-civrfi
34 Va Apr -
July 13
92% May 20
July 13
1332
May
7%
9 Va
7%
9 %
34%
18%
$4.50 preferred-—No par
147
$ per share
May
1155.
^
7%
9
34
28%
Equipment Co_^*__'_L__i.
C
.7
36% May 17
Lowest
145
May
f v
C
5%
*
Range since Jan. 1
■
C
19
18% Mar 22
'
io
Year 15)47
7%
9%
34%
44%
Cleve Elec Illuminating com_i.No par
14
-35% Jan
9
30
'.y.
Range for Previous
Lou est
Clark
5
47 Va May
5
Feb
8%
:34
27%
City Stores _!_.
•78% May 20
'
28
78 % Sep
137
•
7%
7 V4
-
9%
33% ~
18 %
preferred
5%?e
May 24
108% Jun
8
7% Mar
•
13%
44%'
City Investing Co common---'-
July 12
;
1
Sep 23
14% Mar 15
7 23% May
'
12%
29
City Ice & Fuel
111% Jun
17
Sep*
12%
/
19 %
Pac
C IT Financial
Jun -A
40"
*'
20
46%
2
-41% Jun
6
'
19 Va
17%
3
'88
29
105% Jan
19%
'■
,
28
20
176
July 12
Jan
80
7
8%
32 Vtt
10%
19 Va
.
lOVa
11%
-
9%
45
Cincinnati Milling
8
'38% Aug
34% Feb 10
Feb
35 Va
->
•:
7
9
33 %
9%
9'%
100
—L
Jan
t 21
27% Mar 18
Jan
Nov
9
1034
com..: No par
84% Apr
6
176
85
34 Va
63
6'/8
7
6%
vtc_-_No par
vtc_i_.™™100
common..
Copper
•■4%-
■...
May 17
♦10'
9
Jan
15% Jan
•
Is &
Cincinnati
101% May 26
26
Oct
_
Northwest com_._No par
17
94
28
50
_
P
preferred
29% Jun
23% Feb
Feb
36'% Jan
8,900
*200
.
6%
Chile
Feb
Jan
V
10 3
Chrysler Corp.,..:
Jan
Nov
80 3 a"
12%
10
28
48V2
37Va
6%
24
111
34 %
37
80%"
11%
Jun
42
Dec
37% May
27 Va May
100
37%
80%
f •;
13 Va
65% Jun
May
Sep
5 Va Vc
:
*80
900
29
10%
Conv preferred series A
™__100
Chicago-Yellow Cab™™_"___-No par
Chickasha Cotton Oil
.1
10
3
37
■
.
10Va
10
*28%
•
11
31
81
10Va
29
J
12%
Chic
Co
*80
1,200
99%
*6%
convertible
Childs
%
37%
37
;
,..
10 Vs
*28%
;
600
22%
6 V2
$3
2
6
29
27 Va
22%
U
3
4% Apr
37 Va j
81 Va
.
-
10%
27%
*98
99 Va
13%
7
Jun
37
*9%
*26'%
i
*97
6 Va
2
19% May 27
•
1
Feb
52% Feb
:
Oct
99%
*12%
42 % Sep
14% Feb
-
22%
8
57
71
22%
27%
*97
10% 7
_
xl2% May 18
27%
22 Va
'21 Va
*22%
99%
12%
5%: preferred
Chicago Pneumat Tool
22
*26%
26
22
10%
Chicago &
July 22
7,900
12%
49% July 15
10
14-r>8
13
23% July 15
45% Jan
Dec
14%
10%
St
A
Rock
14%
6 %
40
•
V4
10%
28
18
14
12%
11
Jun
14 %
1
Feb
^JJay 21
3.100
40
preferred
Series
100
23 Va
9 Va
Louis Ry Co class. A__25
■'—
_No par
Chic Ind &
5%.
10%
22%
14%
>
13 Va
*9
23
26
*79%
2,100
Va
9%
22
80
8,800
22%
*97
37%
13
32%
10%
99%
80
31%
13 %
10
79
*77
..
23%
13%
22%
37
1,900
103
23
V
V
22
26%
800
7 Va
*101
32%
13 Va
27%
7%
78
31%
1,100
*9%
i
10%
14%
*76
32
13
27%
103
77%
7.00
3,200
7%
com__Nopar
.'
49% Mar 20
~
190
10
7%
7%
*101
*97
*25%
100
Chicago Corp <The)__r—...
Chicago Great West RR Co cpm
27% Sep
35
•
>
July
10%
•
12%
-23
r
convertible preferred
41% July 13
9
Mfg™—
25% Feb
51% May
1
12%
12%
12%
„__5
preferred __„_!—__No par
13% July 13
1
4% Mar 16
;i':
Feb
33%
20Va
Copper Corp
9%
45% Jan
3
"2
7% Jan
•'
Feb
38%
Pasco
28%
12% July 13
Jan
300
17
9%
27%
7%
•
7%
17
7%
*27
27%
7 29 Va
29
10
7%
102
*75%
77%,/
17
9:%
7%
102
>
9%
24
>
de
7%
7%
if
103
28%
Jan
10%
18%
163/4
•t
10
*27
7%
102
28%
4
7
27%:;
7%
7 Va
10%
6
v
26%
27
103
29%
Feb
23% May
.
16'%
9 %
10 Va
8%
12
*13%
9%
7%
*28%
>4% May
87
*18%
*75%
17% July 14
33
18%
29%
$4.50
14% May 21
1140
/200
18%
1.25
11
x61%
18 Va
18%
Chesapeake Corp of Virginia
5
Chesapeake & Ohiq Ry cb«imon__25
11
141
*18%
*18
Checker Cab
11
.
3,300
8
Feb
89
26%
8
May
9% Feb
'140
134
26%
30
7% Feb
27% Jun
101 Va-
133%
15% Jun
4
Dec
16,900
101%
77%
Champion Paper & Fib com_..Nopar
Feb
Jan
2^00
32 %
27
26%
27 3
Chain
July 19
12
180
■51%
134
7%
*101
Corp 3.40%\pfd--100
6
Jan
Feb
146%
.
101
27
100
11
Dec
4% May
pfd™
14
7%
15%
vtc_i™100
B
Jan
12%
8% May
series
26% Jun
lip
79% Aug*
146%
*133
26%
*75%
Certain-teed
12%
>
Pr
May 24
Apr
107
31%
26%
Cerro
29
5% May
6% May
May
51
32 %
148
-101
7%
100% Jan
7
9% Mar 16
1
Jan
81%
vtc„__No par
Light 4%%
33
18
Feb
30%
8
51%
32
133
9%
Hudson G & E Corp__No par
20
28
17% Feb
90
20Va
Jan
10
Jan
10 % May
78
51
33%
26%
•
Feb
27
110%
23
21 Va
*146
52
32%
101%
25%
.*..100
Central Violeta Sugar Co.!—9.50
Century Ribbon Mills-^__'_™_No par
May 21
Jun
Co
.__1
tCentral RR of New Jersey
17
11
1
13 % Feb
Jan
30
Ry
preferred
Central NY
May 27
% Jun
28 % Apr
3 % Mar 19
35"% Mar
Gs,
Co__L____-5
Sugar
Aguirre
'
Jan
'.16%
_
20
96
148
51%
1,900
2,500
.....
"
18 V8 Feb
'
Nov
,200
39
133
17
Central
,1
30
38
101 Va
17
7
11% Sep
23
*146
38%
39
'
12% Jun
38%
2,000
134
18%
21
%
V
7%
101%
18%
28
37
7%
100
26%
21
16
37
7%
132%
26
_____20
16
36%
134
134
__
16
V4
101%
*100
100
„._tNo par
common
%.
200
35
7 Va
51%
31%
130
31
15%
7%
39
146
52%
106 Va
31
*33%
32
146
148
*146
*106
.
"
7%
38%
106
200
4.166
4%
36
16
38
7%
38
32%
Dec
-
38 %
51%
'4'/a May
11% Dec
•
37 %
16
"
31%
77%
•
"1___25
106
106%
*
,*36 Va
38
7%
_No par
Dec
.
7%
100
15%
15%
*36
7%
_
7% Sep
26'A Sep
6% May
16
38
*36
1
Feb
6% Feb
2%
35
.•106
.
54
4%
31
*33 Va
97
Dec
•
"30%
35
-108 %
100%
-
'30% '
f 33 Va
Celahese Corp of Amer com-_No par
$4.75 1st preferred™—_No par
•"'7%
.
*30%
35
Caterpillar Tractor
,9
16% Jun
3%
30%
68% May 15
Jan
19 VA
105%
30%
39% Jun
Feb
100%
105%
*33%
for
Shares
15
*53
4%
30%
Sep.30
13
4%
34%
15%
50
•*.
4%
*29%
Feb
14 Va
Dec
106
4%
the Week
$ per share
15%
54
•*14%
4% V
Sales
Oct. 1
Sept. 80
$ per share
*33
51
22%
'9%
4%
22
'
•
'
*14%
Pec
,
Dec
22 Va
*105 Va
CLOSED
10
series_L
&
<J
IVo
4%
STOCK
EXCHANGE
5
common™™
'Conv preferred
Carriers
2
,
&
7% May
x
.
Thursday
$ per share
4%
4'/8
100
Power
"
29 % May
1
Clinch & Ohio Ry
8
May 20
.
._!
Carpenter Steel Co>__________i.
19% May 21
9
Inc.™,
Carolina
12
43 % Jan
1
Airlines
Carolina
July-28
-
'41% Jan
3.5% Mar'30
Feb
Capital
15
PRICES
$ per share
14%
*53
SALE
Wednesday
54
14%
10
HIGH
Sept. 3D
$ per share
share
AND
Tuesday
Sept. :>K
Sept. 27
common...l
A_
(1371)
RECORD
LOW
STOCK
EXCHANGE
56
2
38
»
CHRONICLE
'
5
102
<
FINANCIAL
STOCKS
Range since Jan. 1
Year 15)47
Lowest
&
14
24.
..•%
....
• •.:
"'.;
-
Steel Corp.^t—14
:"..'-v
-•
-
37,000
16
COMMERCIAL
THE
(1372)
NEW
',
Year lii47
share
( per
Range since Jan. 1
$ per
share
19 va
Feb
9
19
May
55
Dec
12
Vatfe'Un
17%
Oct
13
44
Dec
55
Feb
42
V2 Mar 24
Dec
-
J "i % jun
Feb
1 o
i/4 Voh
11
50
Feb
13
18 Vb Fee
5
Feb
91% Oct
1
Dec
105%
Jun
92
Sep
75%
Jan
59
8%
4%
Dec
40%
3 Va %
July 21
Products
Corn
7%
Mar 19
20
5% Jan
2
Coty
Jan
9
3% Feb
2
13
39% Jun
14
94% Aug 31
98% Jun
2
Jan
15
24% Jun
8
Mar
16
Oct
22>/a
Dec
30
Feb
29
Feb
107
Jan
27
9% Sep
Mar 18
x21
13
Inc
Crane
Co
3%%
25
Apr
34%
Dec
108%
22
46% Mar
6
$2
34% Jun
1
Crown
Sep
26% Mar 16
Feb
24
103 %
July 14
Sep
13
129
Jun
1
91% Feb
100
Oct
37%
Feb
21% Sep
28
28% Jun
14
Jan
66 Va Mar
17
78 % Jun
2
5%
Jan
17
Cuba
v66
Dec
22
May
34%
Oct
26% Mar
13% May
21 %
Jan
12% Feb
165
155
Jan
165
Jan
2
11
Apr
21
34
Jun
6%
RR
2
13% May 21
Sep
9
Sep
Mar
80
Sep
22
88
Feb
14
Sep
30
17% May 18
Cuneo
Oct
27'/a
Nov
.1.7
Sep
27
24% Jan
Cunningham Drug Stores Inc
6% May
12%
Feb
7
Feb
11
13% July 15
122% Feb
17
150
Mar 11
61
17%
24%
113%
101
147
70
Jan
Jun
56
4 '/a
May
12% May
Feb
129
Dec
Mar
'6%
48
132
13
Aug
preferred
I'ubiismng
May 14
12% July 21
18% Feb
13
28 % Sep
Jan
27
133
21% Mar 16
<
Feb
'
.
;
*91%
93
93'%
*92
93'%
*92
t>4 V4
XuJ.%
6i
171%
%
'
y-1 m
ir"
170
92
16°
91%
*91'
137
Curtiss-Wright
Class
1
July
common
V
Inc
pfd
168%
*3%
3%
*3%
3%
3%
3%
2,200
2>%
2%
2'%
2%
2%
*2'/a
2%
2,600
32'%
30'%
30%
30%
31'%
31'%
31%
9%
9'%
*92
94
*92
94
24
19'%
19'%
37'%
27%
' 97
97
♦100
27'%
23'%'
70
70
29
14'%
29 :
14%
21%
29
9
9'%
*79
38
38%
27%
97'%J
*100
*69 %
20
30
14%
70%
29
-
15
165
9%
x9'%
*160
*80
D/y/,§|:
26%
Sep
19
28
30% Jun
10
Dana
97
Sep
87% Mar. 4
94 % Jun
,24
14%
May
23%
Oct
13% Mar
9
20% Jan
2
3%% pid series A—V—
Davega Stores Corp common
Feb
25
17% Jan
6
% Feb
14
?8% July 14
18
Oct
16%
Jan
24
Dec
35 % .Jan
82%
Dec
101% July
84
Jan
84
Dec
101% July
84
Sep
12%
Sep
23%
Feb
9% Sep
7
11
Sep
20%
Feb
8 V« Sep
24
1 a ^4 a an
24% Feb 25
2
27
bW
,
17
*17'%
9%
9%
*141
143
143
14%
17%
18%
10
14'%
14'%
17
9'%
14%
17%
146
143
,
,.
*17%
9%
V
143
9'/a
Jun
17
94
Jun
10
15% Jan
5
Dayton
9
Decca
2,600
9'%
*80
14
3,800
82
14'%
14
*17%
18'%
*55
138
141
.55%
1,300
18'%
300
10
9%
10
140
.
*54%
55%./
*54%
55'%
55
55
9%
•
10'%
10
10%
10'%
10'%
V
24%
24
24%
24%.
25
24
•/"
*27%
28'%
27%
*132
140
*132
140
*132
%
140
28 Va
28%
11,900
138%
140
•'
19% <20%
'■'88
19'%
20'%
19
19
88
88
*87
88
16
*15'%
16
*15%
16
20
3.75%
series
*16'%
17 Vt
*10'/4
17 Ve
*16%
3.75%
series
Va
*22%
*132
*28
28'%
34,300
24'%
24%.
140
28'%
27%
*84'/a
28
22
22%
22%
/
2,300
140
:
28%
-
27%
.
•
;
27%
"85
*15%
16
*
%
17'%
*16%
17
22%
22%
27%
16
87-
*84
3,400
87'/a
16
*84
87
*85
*82
85'/e
*82
100
84
85
84
84
50c
10'%
10%
10 Vb
10'%
10%
10%
10%
50c
8%
8%
8 %
8%
8%
9%
9%
22
22
27%
27%
85'%
33
Aug
29 %
Sep
27
31
May
46%
Oct
33
Sep
13
Dec
38 %
Feb
29% Feb
5
45'% Mar
32% May
5% May
45%
10%
Oct
Jun
15
"46% Jan
2
42
t
1,100
85 Vb
Co
&
7%
60
38% Jan
20
50
24
Delaware
7% Feb
11
13% July 12
Delaware
11
% Jun
Denver
Lack
&
Rio
&
Grande
West
29%
30
30
30
*30%
30%
30%
31%
1,500
34
33 %
33%
33'%
34 VB
34 Va
35'%
34 %
34%
6.000
30%
30%
30%
30%
*30%
30%
30%
30%
*30%
30%
44%
45
43%
44'%
*44%
45%
9'/«
10
9'%
44'%
9% /
44%
50
9%
10 VB
RR
29
30
29
30Va
31
30
30%
30%
31
4,300
46'%
45%
46%
48%
48%
48 %
43%
3,800
20%
21
48 %
x20%
49
21
20%
20%
20%
20%
20:%
8,400
Detroit Hillsdale & S W RR Co__100
*58'%
63
*57 Va
64
39% July 15
Escrow
ctfs
for
32% Mar 16
58
Escrow
ctfs
for
Dec
27% Mar
20
Apr
Aug
62%
6
21% May 17
60 % Jan
9
11
13% May 24
Detroit-Michigan stove Co
Detroit
10% May
58,
Jan
lOVa
Feb
,
July 15
Detroit
>
.17 Va
Jan
26%
Oct
22 '/a Mar 18
26
Jun
1
16
Oct
22
Jan
12 Va Aug
25
16% Jan
10
21
28 Va Jun
De
—100
100
com
pfd
Edison
58%
64
1
11%
12'%
*12
12'%
12'%
1
*22%
23%
*22%
23 Va
*22%
23 Va
*22%
-j.
5
Raynolds class A—12.50
12'%
12%,.,
12 Va
12 Va
*12
12%
12'/4
23'%
23'%
23
23
*22%
23%
No par
*41'%
41%
42
*41'%
42'%
41 Va
25
44%
44%
441/2
44%
45%
14%
14%
*14%
14%
*14'%
45 Va
14%
*45
2
*14'%
2
14%
14%
14%
15'%
15
15'%
1
18
18
17%
17'%
1,7
17.'%
*17
28%
28%
*28%
50
51
*50
Steel
Corp
—
Vilbiss Co
——
31%
Feb
22% Feb
47
Jan
35% Mar 12
42 %
Nov
50
Jan
38
17%
Dec
24%
Feb
14 Va Oct,
11% May
18 %
Jan
13
Dec
19%
Oct
14% Mar 12
19% July
2
Divco
May
May
40 %
Sep
Jun
2
Oct
26% Sep 28'
47% Mar 5
41
55%
56
Apr
21
Dixie Cup Co common—
Class A
13 % Sep
20
23
.Jan
5
Feb
13
40
Jun
16
15%
25
49
Dec
19%
28% May
16% May
45% May
<
Feb
,34
39%
104%
Dec
Nov
173
May
30
Feb
2
20
Feb
6
106% Jun
48
"'98%
$4
Feb
13
106% Jun
21
3lVa Jun
21
Dresser
Jan
t;
Feb
83
98
July 16
Feb
12:% Feb .11;
20
May 15
12% Mar 11
18
May 20
Duplan
164
July
129 %
107%
110%
Sep
115'% Jun
Dec
19% Mar
Mar 18
113% Jan
Aug
28
Feb
11
94
Sep
111% Aug 24
12% Oct
1
188% July
124 Va Jun
997/a Jun
116
Du
9
17
15% Jan
2
51
*13%
14'%
31%
32'%
14'%
series
$3.50
Cigar Corp
112
100
5
——-
*12'%
.
Range since Jan. 1
<
Highest
$ per share
S per share
Lowest
r-
NEW
Highest
YORK
STOCK
$ per share
$ per share
Par
gcpt. 25
•<.•■# per thare
3,200
50%
310
300
13%
13 V4
13'%
52%
53
54'%
2,800
45%
45%
45%
45%
46
8,100
X98%
98%
98%
98%
*98%
99
,
.
xl01'%
101'%
101%
«
94
'25
24 l/a
*91%
-
94
.
*13%..
13% ••
24 1'b
.:
14 Va
168%
169%
169%
116
116'%
95'%
*94%
*112%
12'%
12'%
14'%
168'%
*116
*95'%
95%
95%
*112% 115
*12 Va
12%
95%
114'%
14%
..
*112%
*12
170
117
95%
115
12%
1,800
24%
4,400
,24
V *14.
14'%
15'%
168'%
1,000
170
3,300
117
300
700
95%
95%
*112%
100
14'%
-
.
*116
100
94
f 92,
94
14'%
400
101%', 102%
24%.
*13%
171
116
.53
102
*92
,
15 i
'14'%
14 "4
*115%
115
12%
300
12%
LOW AND HIGH SALE PRICES
Sept. 30
$ per share
$ per share
{ per share
$ per share
Thursday
Wednesday
Sept. 2!)
Tuesday
Sept. 28
Monday
Sept. 27
Saturday
-
EXCHANGE
29%
*50
54
14%
13
*28'%
13%
-
'24%
114 Va
"
V
STOCKS
Year 1947
116%
95'%
,:__No par
1st pfd
\ 13%
170
116
400'
17%
30
50%
53 Va
13%
,
■<" *91 %
14%.
14%
169
series—No par
$4.50
91%
6,800
17%
2,700
100%
91%
15'%
*17%
5,400
100%
*12%
15
15%.
13 %
99 Va
1
300
13%
%
100
1,000
14%
32%
99%
41
44 %
14 VB
13%
99%
—No par
44%
14%
13%
No par
_—
400
45%
32%
x45
;.24
41'%
13%
45 %
:
200
41'%
h
32%
53%
25
500
23%
*23
24
41%
32%
44%
de Nem (E I) & Co com„20
Range for Previous
Lowest
xl3%
102
12%
*13%
53
Va
23'%
*12
13%
14
24
*22%
12%
32%
45%
I01'*
23%
13%
53%
m
12'%
32%
44%
—No par
15 Va
900
12'/a
14
32
*97
*23
64
32%
*13%
13%
common——_50c
Duquesne Light 5%
DWG
,
53'%
International——
Pont
•
No par
preferred
conv
5
common
Corp
Preferred
22
28
51
No par
preferred-
Preferred
3
Jun
26%
52 Va
:!
—No par
15
Co
Industries
Dunhill
Nov
2nd
3%%
19
17%
197
28%
52%
.
Aircraft
$3.25
j,"*6
Dec
28%
preferred series A
Jan
Va
No par
;
Ltd—
42
—No par
Corp—„„ —
Chemical
90
Dec
Ltd
—
Mines
Douglas
21
92%
Co„
Pepper Co
Dow
15
Car
Corp
Oct
2
preferred—.
Corp-Seagrams
Dome
July 12
common
T Motor
Doehler-Jarvis
15
19
Jan
32% Feb
97
Dr.
Match
partic
Distill
24
67% Apr
6%
Dec
23
115'%
14
13
13% Sep
Dec
14%
Xl9% May 21
47%
Dec
10% May
Mar 17
Jan
98%
;; so
Diamond
Jun
42% July
114% Feb
May
46% July 29
19% May 26
76
Sep
91%
1
21%
36%
'14
Diamond
Feb
29
Oct
Devoe &
10
*57%
64
*58
12'%
Apr
2
V
11%
20% May
Jun
*
Va
30
11%
35 Va
46
9,300
20%
14% Feb
Oct
1,000
10
9%
45
Dec
Dec
13% July
500
44
44
10'%
10
'
20
19%
44%
20%
Y
31
33%
100
6% May
59
20,500
29'%
Western—
25% May
9
9%
1
Hudson—
&
!
1,600
11%:/
9%
20
common—
preferred
Feb
i
■
11%
%
for
Friday
Sales
Oct. 1
the Week
Shares
$ per share
•%
E:n
19%
Jan
25% Aug
19% Sep
20
16
Nov
24%
Apr
14% Aug
2
14%
Dec
51
Jan
14% Oct
1
48% July
198% Oct
38'4 Feb
10
42% May
163
Dec
42% May
18% Dec
88
Dec
15 Ve
Aug
104
Dec
157
Sep
27
57%
Dec
47% Feb
28
25%
Feb
17
109
Feb
27'.
Feb
111%
Feb
4% May
82
13
98
Sep 21
Mar
8
Mar 16
Sep
17
25% May 27
20% May 18
22% Jan
Eagle-Picher
Eastern
8
175
Jun
17
65% Jun
14
6%
16'% Jan
Ekco
Jan
24
4'%%
Co
Feb
Feb
43
Feb
20
56
Jun
1
Electric
Auto-Lite
10Va May
33% May
16%
Feb
11
Feb
13
16% Sep
37% Jun
7
Electric
39%
Jan
32% Feb
19
Sep
3%
Jan
1% Feb
11
11'% May
145
Dec
19%
Feb
13% Feb
11
171
Feb
10
23% July
158 Va Jun
135%
123% Feb
11
14318 Apr
2
July
Dec
156'/«
Feb
47
Jan
57%
Oct
15%
Dec
139
24% Mar
10
2% May 24
7
Stop
Elec &
62%
*17
■■
92
13%
*98
19%
14%
15
41%
19%
14%
15
40%
20
,15'%
41%
15'%
147«
15 Va
14%
14%
2900
15%
15
15'%
14%
15
2,000
41%
: '
427%
41%
42%
42
42'%
7,700
157
*157%
61%
63'%
63
Va
63%
17'%
17%
17 Va
17%
17%
*17'%
93
*91
*91
13'%
13'%
*98
100
157
157
160
.;.
93
*91
13'%
13 V4
100
1,200
15'%
15
i
,
160
63%
92
20
20
19%
19%
14%
19%
*98
13'%
100
.
63
20
159
*63
64
17%
*17'/b
>
159
63'%
17%
157
93
13
13
*98
100
200
91
91
100
13 VB
13 '/a
*98
100
1,700
;
1,500
101
6%
6%
6%
6^8
*6%
6%
*6%
6%
6%
6'%
700
5
45%
45 Va
45%
45%
45%
45%
45%
45%
1,600
14%
46
15'%
45'%
3
(The)
preferred
Mus Ind
'
100
1
Co
Nut
Convertible
.
-
100
Boat common
Elastic
157
4
preferred
8%
5
40'%
common—1
*
65%
5VaJan
15
CLOSED
5
common——2.50
May
50 Va
14%
10
Co—
Inc
preferred—,
Products
19'%
100
Bros Stores
4'%%
12
8% Jun
Corp_
common..
Manufacturing
Edison
2
Co
1
+
preferred
Eaton
19% May 17
92% Jun
106
Kodak
STOCK
EXCHANGE,/
10
—
Inc
Stainless Steel
Eastman
46% May 15
Co
Airlines
Eastern
>
14%
14%
*14%
15'%
15
15
14%
14 7%
1,500
35'%
*34
34%
1%
*34
20%
20
139^«-^f5W2
v——'"3$% 50'%
—No par
*138
34
Amer shares
1%
Electric Power & Light corn—No par
4
$7
preferred
$6
preferred
•
No par
28
No par
,
19%
155
'1%
156
1%
*1%
35'%
1%
20'%
157
138%
20'%
20 7%
'
*33%
j34%
34%
1%
1%
20%
20%
<
200
1%
*34
1%
20%
/. %
6,500
21
b.000
156
156
155
155
154%
154%
138%
138%
138%
138%
138%
139
800
50
l.bO'O
1,100
49 % Feb
10
56% Jan
9
i
Electric Storage Battery
14
Sep
28
17
6
Elgin National Watch Co_15
14'%
14'%
14
14
15
400
21% Sep
28
27% Jun 14
Elliott
22'%
22%
21%
22
22%
*22
22%
23
23
1,300
28
74%4 Jun 14
58%
*59
62
*59
61%
*59
62
48
<47
49
48
48
*48
50
68'%
67
68
*66'%
67'%
1,000
16'%
1.900
58% Sep
45
46% May
9'% May
■,
59%
17
Oct
Dec
12% Feb
19%
Jan
.12% Jan
38
Apr-
107
if'
Dec
11%
27'% May
102
May
Aug 19
55% Feb
13
11
9% Mar 18
2
x29% Jan 22
Mar
97
Feb
27
3%
Dec
4%
Dec
4
V8 Jan
5
8%
Dec
12%
Feb
9 Va Feb
11
50% Feb
59
47% May
67
Feb
63
85
Mar
Nov
7% May
J 3%
Feb
17%
Dec
24%
Feb
10'%
Nov
25%
50%
Oct
13%
Va Sep
13% Sep
5
Jan
32'% May
X6 Vb Dec
Sep
Aug
5
Sep
48
76
Sep
,
3
20 %
Electric
Radio
34
Endicott Johnson
104
5 y4
Jan
jun
8
10
May 28
Empire
14
68'/a Apr
Erie
29
13
9
Jan
14
14
5%
May
25Va
For
Jan
60
Jan
40 Va Mar
31%
Feb
26% Mar 17
fOOt,T>r«"c
*t*a
r>n<TQ
') a.
9
62
*46%
48
*46%
3
67%
Co—
Eureka
Pittsburgh
Williams
RR
15'%
*15'%
15'%
16'/a
16'%
11
11'%
15'%
11%
11'%
11%
11%
xll'%
11'%
1,400
15'%
15
15'%
15 %
15%
15%
15%
2,000
33'%
*31%
33'%
32'%
33'%
33
33
*32'%
33'%
101
100 Vb
100'%
5
47 b
14'%
5%
5
13%
Inc
1
7%
49 VB
3
Ex-Cell-O
Corp
3
7% Mar 30
Exchange Buffet
:•/■
Corp—
f
-v
10
Fairbanks
24
23
Fajardo Sugar Co of Porto Rico
Morse
&
Co
.
—No par
20
..1
5
65
14%
14%
56
56
65
600
90
.
5'%
11.600
14%
15
14,400
56
*55%
56
1,000
65
*59
64
14%
14%
55%
*60
101
5%
5'%
5%
5'/b
5Va
13'%
13%
13%
13%
13%
*13'%
13%
700
8'%
8'%
8%
8%
8%
8%
9'%
4,400
33'%
36'%
37%
37
5'%
5'%
44
29'%
*100
5
37%
38
44
29'%
101
5
Va
5'%
*5
5%
*5
43
29Vb
43%
'44
44'%
44(4
44'%
44%
44%
29'%
*29 >%
29'%
29'/a
29%
*29 '/a
29%
8
8
5'%
—2.50
54% Jun
Apr
38
101
5
*5%
5'%
13%
13%
Evans
Eversharp
101
*60
55 7%
*60
5%
5'
May
65
14%
55%
55%
101
5
5
14'%
14%
55%
5
—
100
15
11% Jan
Co
100
15%
20% May 17
Products
*14%
11
*61
50
Corp
15
15'%
4%
No par
Co—
*14'%
16'%
101
1
preferred series A__—100
&
67 7%
68
15
49%
*31%
—_——100
—
22%
49%
15'%
Corp common—25
common
68
*14'%
50'%
11
10
Bldg
68%
50
50
14%
4
Phonograph—5
Electric
4% preferred
Equitable Office
RR
___
*58 Va
58%
50
—
Mfg Co-
&
District
*49%
50
Gas
Emerson
11
20
Natural
Emerson
■
44
Paso
July G
15% July
9
R% Aug 27
1
10
common
conv preferred
preferred —;
5 "io
El
Erie
29
Co
5%%
30
Jun
16'/a July 12
65% July 15
7% Mar 17
36% Sep
Jan
No par
50
5
1,100
38
38
2,000
*5
37
6
300
-
■
•
;
—-
No par
Deep Rock Oil Corp
Deere
34% May 24
11
i
4,300
87
*83
9%
«
;
...
V8
*85
87
Co
80
;
!
29%
700
•
20%
20%
20%
27%
,
87%
*15%
88
27%
27%
-
87%
Va
Inc
Rubber
Records
100
10 Va
9%
*85
22%
*
22
1
7
100
B
-
X20'%
17 VB
A
Preferred
24%
..
55
*54%
'
10'%
*132
■28%
*15'%
preierred
Preferred
10 Va
*24'/a
1
Chemical Corp (The)
Dayton Pwr & Light common
4
94
15%
■■
Davison
31% Aug
30
30
* 175
81.%
14
10
9%
:
100
2.50
common
conv
100
70
-
14'%
100
Nov
15'
15
V
9%
9'%
83
10
6,900
30
15
*160
30
22 Va
*69'%
30
15
3,000
97
100'%
22 Va
22
175
*79
84
*96
100'%
300
28
28
97%
-
900
2.300
39
*38'%
27%
*96
*100
71%
9%
.
19%
100'%
*160
175
*80%
83
24
19'/a
21%
14%
*160
175
23%
22 Va
o
29
i
14'%.
24%
20
*69'%
71'%
*69'%
400
9%
19%
21%
22%..
94
24
28
*96
*100
100'%
5,400
32
*9%
38'%
27%
97
100
31%
*92
9%
19%
*38
27%
97
*
169
94
*9%
24%
19%
38'%
*38
*92
9%
*24
24 Va
19%
94
*9%
9%
24'%
14'%
_No par
Aug
Corp
170
169
167%
3%
2%
9'%
•
.
1
19'/a
Sep
2,600
'
Inc___
7%
10
92
3%
'
1
Cushman's Sons
62'%
62'/a
2'%
*160
No par
—
A
Cutler-Hammer
2
x31% May 26
10
91%
61%
92
61%
350
1,200
3%
•
\y,
No par
90lA
24%
93
62
22
-
2.50
preferred
Prior
preferred-—~1—.
*91%
93'%
26%
No par
$7
19
100
r
5'.
eom__,
19
19%
100
1
Inc__:
Press
Curtis
2
11
<
Apr
30%
4'%%
July 30
4% Feb
Dec
18% May
•
*
53%
19
'
Feb
21 %
•
28
53%
*18%
37'%
—100
Cudahy Packing Co common
lo
19%
Dec
Dec
300
11
53%
18%
24
*
common—10
Dec
12%
827/a
xl6
*10%
FA
18%
93
9%
__10q
pfd—__100
non-cum
10%
54
19
30%
No par
Cuban-American Sugar
7%
preferred
4
1.1
50
55
*91'%
*92
No par
preferred-
conv
47%
2'%
No par
com^._
5
Corp
*47
*47
2,900
3%
2.50
preferred-.
*10'%
18'%
47%
900
54
18
for
Shares
26%
54
18%
93
*170
'
Crucible Steel of Amer com_^No par
9
17 Va Aug
177
(The)
com—
2nd preferred
$4
96
•
-
Zellerbach
$4.20
,
Seal
&
10'/a
10%
26%
18
*54'%
18%
si%
1
preferred
130 %
105% May
.22 '/a May
26 Va May 27
37
Oct
98
Cork
Crown
11
47%
*92
100
America
of
*47
26%
53%
17%
10%
47%
26%
18 Va
*91%
25
common
26%
52%
18
•
the Week
$ per share
53%
26'%
18%
%7
1074
18'%
.
26%
Sales
Oct. 1
Sept. 30
$ per share
**3%
5C%
1
preferred
Cream of Wheat Corp
17% Feb
52% Mar
10%
CLOSED
1
Creameries
$ per share
18
47%
*47
Friday
Thursday
Sept. 21)
26%
is
EXCHANGE
1
Coty International Corp
Aug
STOCK
com____25
100
preferred
30
3 Va Sep
2 %
Dec
Dec
50
100
1947—100
Refining
167% Sep
11 %
41
preferred
pfd 3%% ser of
Cum
66% Mar 24
| 177
series
Jan
Aug
195
Dec
pref 5%
PRICES
Wednesday
54
175/,,
SALE
$ per share
27%
27
5
common
HIGH
Sept. 38
$ per share
*53'%
>
Corn Exchange Bank & Tr Co.—20
Corning Glass Works common
5
1
98
__
V
No par
Cornell Dubilier Electric Corp
15
12
Apr
5
common
Co
Steel
Convertible
57% July 14
11
30
Jan
•'
Corp
prior preferred.,^
Copperweld
18
91% Jury
Dec
2614 May
97
Dec
S3
23% Jun
61%
Dec
Cooper-Bessemer
14
AND
Tuesday
Monday
Sept. 27
$ per thare
Monday, October 4, 1948
RECORD
LOW
Saturday
Sept. 25
Par
May 20
Feb
88
2%
20% Jun
48
STOCK
EXCHANGE
..
July 12
Jan
88'/a
4%
55
32%
105%
170
11
33 VJun
20%
Dec
18 %
,
x49% Mar 17
Feb
NEW YORK
CHRONICLE
A.
share
61
12% May
51%
$ per
share
Mar
14'/a May
43
>
STOCK
'
Highest
Lowest
Highest
$ per
YORK
FINANCIAL
STOCKS
Range for Previous
Lowest
&
•
1,400
1,300
Volume
(1373)
Range for Previous
.
Range since Jan. 1
Highest
$ per share
$ per share
32
11
16
14 %
43
V
Mar 11
Jun
Apr
7% cicp
28
12l/» May 18
10
31% May 14
Dec
90
Feb
9
99% Jun
26%
Feb
20
Feb
10
% May
26%
Jan
18% Mar 17
24% Sep
26% Jun
9
46% May
59 %
Feb
53% Feb
28
61
Feb
43
Feb
11
107% Aug
62% Dec
104
Feb
14
i Federated Dept Stores
15
Dec
20
Jun
Sep
62%
62%
Jun
29
Firestone
7
4%%
Tire
Rubber
&
59'/4 July 12
20% Aug
Firth
May
Sep
27
42% Jun
99
Dec
110%
Feb
x98
Feb
26
30
May
41%
Jan
30
Feb
26
13% Feb
13% Sep
23% Feb
17%
9
Aug
40%
Dec
Dec
15%
May
91
Jan
24
Feb
89
July
87
Feb
19% May
Flintkote Co
May 27
$4
15% Jun
Florida
21% Jan
6
11
40% Jan
12
Jan
11% Sep
27
8% Aug
9
16% May 21
10
Feb
22 %
Dec
18
Feb
27
13
23% Jun
11
26% Aug
14%' May
43%
Feb
23%
Dec
16
Oct
11% Feb
100
Nov
48
Apr
xlOl
Dec
9%
Jan
58%
102
Oct
149 %
109
Dec
30
13 %
Dec
18%
8
45
8% Feb
Apr
Corp
4%
Sulphur
Co
X Gabriel Co
•
•
;
Gar
Wood
10%
10%
2,900
*35%
36
4,700
22%
*22
11%
*11%
11%
9%
*8%
*22
23'
9 %
41 3
'
14
2,000
41%
*12%
9 V4
*8%
*42
42
11%.
42
*11%
20
20%
20%
20%
76
74
76
*74%
6%
*6%
7
6%
7Vt
10%
10%
42 %
42
No par
16
16
18
18
/ *177/b
42
7
10-/8
10%
1,300
43
45
1,800
16
*15%
16
*15%
16
18%
18Va
*18%
19
*18%
19
7
6%
7%
7%
7%
*34%
36%
♦15%
34%
19%
34%
19%
15 %
16
16
—;100
*102%
103
Transportation.—5
51%
•
$8
Baking
Feb
9% Feb
11
15.
July 14
72% Sep
23
82
Jun
21
4%
Feb
27
44% July 15
4'/c
23%
Dec
33
Feb
32% Sep
10% Sep
24
24
Jan
2
160
Jan
10
31% Mar 11
144
Jan
28
1st
10
9%
9
159
*156%
159
11%
12
11%
11%
10%
11%
.;X/vX'X./X
No par
preferred
100
IIVB
72%
32 Va
18%
V
10 Va
32 V2
.
50.
General Cigar Co Inc com
7%
7
72%
,
,100
:
,
2nd preferred
20
20
2,200
15%
16
16%
1,800
*102 Va
103 Va
51%
*50Va
*102'A
19Vb
127
.
llVa
11%/
3,300
"
.
12 V,
11
11 Va
;
2,100
;
V
6,000
73
*72%
74%
*72 Va
74%
35
33%
33'/4
33 VB
33 %
400
19%
19 Va
19'A
19 Vb
19%
800
*127
129%
*127
129 Va
38 VB
39
38%
39%
38 Vb
Corp com,'—No par
37 Va
37%
37 Va
37%
37 VB
*127
39%
37
37%
Co,—/
10 Vb
159
11%
*19
128
128
11%/
12'A
33 Va
19%
*19Vs
127
10Va
9%
*156%
11%
200
73
*
33
33
10
159
X
38%
General
1,400
102
9%
11%
36%
General Electric
Jun
10
51%
102
37 VB
May 27
103%
SlVa
102
*156%
11V4
74 Va
*72%
:
10
159
*156%
51 Va
102
No par
43
41
900
19%
10
Va
9%
*156%
5
preferred
35%
19 Va
103
*101%
104
5
common
*34%
4.800
15 Va
51
51
50%
*101
No par
Co
100
200
7%
103%
*102%
.
7
'
General Cable Corp. com,,,.No par
conv
103
103
52'A
103%
♦101
—No par
preferred—.
400
10%
42 Va
19%
General Bronze Corp
900
7,900
10%
35
.
"
•
7%
18
.
42%
19 Vs.
Amer
6%
7
•:
*17%
10%
18%
.X 35
34%
6%
7%
17%
42
15%
34 Va
XX
6%
7
100
10%
19%
1
.
6%
17%
16
$4.25 pfd series A_...
:
75
18
15%
50
$4.50 preferred
3
75
42
is
6%
v
76 Va
*75
400
6,000
10%
*15%
Co—,—...No par
6%
20%
42
*10Vb
-5
,
11%
20V4
1,400
>
43
*11%
6%
*17%
..50
y4
*42
11%
20%
.
7V4
7 Va
17%
43
20%
11%
6%
6Vb
..
6%
17%
:>•
7
18
1
«"•
110
300
9%
*11%
76%
*74
4
*11V4
610
13
12 Va
*8%
11%
660
1,900
23
*12 Va
20%
42
*2." Va
9%
9
20%
42
22 Va
•
11%
11%
*11%
*17%
com
30%
30%
4
%
20
Industries Inc
35
19%
July
126% Sep
10%
1.66%
47%
Feb
10%
General American Investors com._l
83 %
Jan
10%
—1
4%'/r conv preferred,,^
Gaylord Container Corp..
>
k 14%
39%
10%
—1
com
(The)
Gardner-Denver
Apr
45%
10%'
m&mm
(The)
Gamewell Co
Sep
Dec
10%
9
10
Gamble-Skogmo Inc com—
5 % conv preferred-.,—
May
34%
5,000
10%
11%
100
Ga r Co Inc (Robert!
6% preferred
37
32May
500
28%
22
—1
common-.
preferred
71
137
14 Va
27%
1
—
Co.,
Trailer
General
Jun
*14
27%
13%
22%
16
14% May
14
27%
23
General
159 '
1
9% Mar 17
14
27%
31
11% July 13
28
146
Jan
13%
31
May 15
May 12
106
14
13%
27%
30 3 i
May 20
63 %
6
14
14
27%
14%
14
30%
Freeport
4
18% May 15
105% Jun 30
14 Vb
14
26 Va
.
30%
26% May
?
50% Mar 11
100% Jan
Feb
185 ; July
11
5
13
99% Mar 24
Oct
Dec
:
Jan
14
14 Va
14 Va
29 3
9% May 20
18% Feb" 13
10% May
31%
31
17% July 21
Feb
*31
30
5
5% Feb
31%
common,__10
6% prior preferred_X25
" Francisco Sugar Co.._______,;No par
48% Aug 19
9%
,
*31
89 Va
10% May 22
17%
12% May
31%
600
98%
g
-14% May
4% July
150
*30%
98%
Franklin Stores Corp.,
Aug 19
99
88
4
'
*97
6'3
84
12
98
99
74
28
98
35%
Dec
27
99%
87
77
Sep
12% Feb
*98
99
'
Froedtert Grain & Malting Co Inc_l
10% Sep
3,100
35%
Fruehauf
42
18 %
31
89
1
Jan
18%
30 (a
35%
5
20
18%
30%
99
12% May 18
23
18 %
30%
*87
Foster-Wheeler
*
200
18%
31
*97%
24% Jan
Jan
56%
18%
30%
89
18
21
*55%
18%
31
35
100
—___
13
27
55%
lud%
28%
34%
10
com.:
pfd
Feb
10% May 21
luu
10%
17% Mar 12
6% Sep
17% Sep
55%
X4G%
*
14%
*
—1
10
,6%,Sep 21.
10b%
26
14
35% Feb
Oct
47%
*105
56
*55%
31
47%
105%
*105
56%
*30%
Feb
Feb
2,300
31%
Jan
10%
700
46 Va
46%
46%
46%
105%
*30%
Jan
17%
45%
*104
99%
50%
Dec
5% May
18% Jun
62%
*98
39
8%
62%
99%
22
Aug
63
99%
Dec
28
63
30%
18%
Sep
63
*55
36% May
11% Nov
103%, Mar
63
99%
May 15
47% Jun
400
2,300
89
38V2May21
25%
560
21
99%
27
5
X
22
34 Va
preferred
25% Jan
95%
20%
'
99% '
couv
3% Ve
Mar 16
95%
*21%
21%
22
36 %
3 % %
13
22
96
21%
.90
21
Sep
Jan
96
*89
Jun
90
26%
1,900
•
*21%
*18 %
10
Corp
in.achinery
105
*
2,100
27
*98%
Food
3
30
24% Feb
500
7%
27
100
47% Jun 14
Feb
Dec
7%
27 %
22
18 %
Food Fair Stores Inc
17%
22
31%
Corp:.
37%
21%
56
Corp,—x_-.7%
Steel
2,700
*36 Va
*17%
;v
*21%
30
Florsheim Shoe class A—^__No par
12% May 24
24
Power
7%
29,100
14*4
62%
x62 %
46
96
96
■„
__No par
;
7%
27
1,100
: 6%
22%
No par
23
Follansbce
7%
27%
18%
preferred
Sep
1
56
7%
27%
22
;
22
104%
—__No par
(The) common__No par
21
24
45%
"104
Carpet Co...— __No par
Florence Stove Co
32%
23% May
12% May
(The)
36% May 26
9% Mar 17
33
110
;
100
PArst National Stores.
20
'
*
25
com
1
preferred
30
Dec
7%
96
*21%
14% Feb
Jan
17%
,96
49% Mar 16
May
37 Va
17%
23
6*
14%
'
22%
Oct
18
*36%
17%
27'%
96
Jan
13
37%
27
22%
53
xl04
*36 Va
*17%
23
for
Shares
"
21%
,
Fidelity Phen Fire Ins N. Y.—.-JO
14
6%
14%
7%
7%
27%
21%
—100
Mfg Co.,,
39%
14 %
7%
93%
preferred
May 28
9
6Vb
14%
*17 VB
27
v."
6 Va
14%
17%
*36%
17%
CLOSED
23
22%
6%
14%
37
37%
the Week
22%
22%
14%,
Sales
S per share
22 Va
6 Va
14%
—5
4%%
Felt & Tarrant
■■■*■
107% Jun
.
/
com__No par
Friday
Oct. i
Sept. 80
$ per share
6%
6%
17%
EXCHANGE
share
22 Va
22%
14%
*36
STOCK
—5
68
.
%
6Va
Ferro Enamel Corp______i_—1
7
21%
51% May
14% May
24
22
'
$ per share
14%
Federal Motor Truck--—.-—No par
20
42 %
V
Sept. 21)
$ per
t per share
Co,,—-2
X;
Federal-Mogul Corp
20% Feb
t per share
1
Thursday
Sept.;}«
(Sept. *7
1
HIGH SALE PRICES
Wednesday
AND
Tuesday
Monday
Sept. 25
\
Corp'—.
Federal Mining & Smelting
Feb
*
Televis'n & Rad Corp—l
Fedueis-t^uigau Corp
-3
97%
104
Brewing
Farnsworth
20% May 22
283b July
107% Jun
9% May
19
35% Feb
July
Falstaff
16
15% Jun 18
20
11
.
Par
3
11% Jun
4
Feb
42% Mar
Dec
32 % Aug
14
Apr
5>/t Mar
Feb
Dec
23 %
May
16%
i
9%
14%
Dec
LOW
Saturday
STOCK
EXCHANGE
>
$ per share
$ per share
20
4% May
NEW YORK
Lowest
Highest
11%
STOCKS
..
Year 11)47
Lotvest
17
80
129 %
38%
60
39 %
37%
37%
23,300
*
Dec
87
Dec
34
V Mar 19
103
Aug
> 16% Mar
88% Jan
Dec
43
May
54% July
40% Feb
13
123
Dec
118% Feb
25
100
Dec
10%
131 %
Feb
X122
9
Feb
97
2
96
8
Jun
2
13% Jun
Mar 13
17
50 %
$3.50
Foods
preferred
General Mills
2
5%
9 V4
49 VB
3
3%
conv
Jun
100
121%
121 Va
*98
106
preferred.—...—100
90
*9%
49
121%
*98
121
121
104
*98
102
1
49
48%
*121
,
*89 %
10 %
49
9%
9%
10
*89 V4
90
89%
49%
preferred
108
90%
1
No par
common
128% Jun
Feb ,10
90
No par
A:
General Instrument Corp.
May 15
'
.y
1-
y.
i. *
"
90
■-10%
600
10%
10 %
4,900
49 Va
49 Va
1,000
' 121
121
X 120%
121
*100
105
99%
99%
.'lAv-
■
90
10%
49
48%
/
*89 %
3,500
;
''
140
100
X
~v '■
,-fM
Ran/e for Previous
LOW
STOCKS
Year 1947
Range since Jan. 1
Lowest
Highest
t per share
$ per share
Lowest
NEW
$ per share
YORK
STOCK
<
Saturday
.
EXCHANGE
Highest
Sept. 25
$ per share
Par
SALE
PRICES
Sept. 29
$ per share
I per share
Thursday
Sept. 30
Wednesday
Sept. 28
Sept. 27
t per share
HIGH
AND
Tuesday
Monday
$ per
Friday
Sales
Oct. 1
$ per share
share
the Week
$ per share
for
Shares
'
51%
Jan
120%
Dec
129
Dec
94
65%
Feb
Jun
125% Jun
107 %
Sep
93 Va Feb
17
99% Jun
14
Jan
12% Mar 17 •y
17% Jun
10
19%
Oct
20%
13%
Dec
Dec
16% Feb
11
Feb
n 26
2% May 7.
13% Sep
28
,
v-
4%
Feb
16%
Jan
2% Feb 13
11% Jan 22
15 % Jun
31%
Feb
21
Sep
27
29 t.
Feb
120
Sep
15
X
Oct
140
'
X 6%'
3% May
18% May
•
29%
Feb
Oct
May
36%
Apr
124%
Jan
26%
Dec
35%
Jan
19%
Apr
30
l Feb
95
Dec
106
Apr
98% Apr
21% May
40%
Jan
Feb
13
25
Oen
General
Gen
May .18
29
23% Aug 11
22% Feb 11
July
2
Feb
22
Aug 11
30
Jun
85
Dec
108
Jan
85
Feb
10
90
Nov
98
Feb
72% Jan
23
36%
Dec
27% Feb
13
105%
Jan
90
26
23% May
90
Dec
17% May
85
4 % r,'o
14
25
30
85% Jun
26%
Nov
20% Sep
27
28
58
Sep
48% Feb
27
55'/a July
Feb
4
Oct
113
5 %
May
104 %
Jun
124
21
Dec
49
33
Dec
Feb
71%
Jun
99%
Feb
106
Mar
18 % Sep 30
47% Mar 16
July
94% Mar 11
Feb
38% Mar 17
Aug
96% Mar 18
41%
Dec
Dec
109
13% May
24
Jan
16% Feb
Oct
3% Sep
5% Feb
61%
8%
May
Dec
5%
8% Mar
21 Va
103% Aug 11
47% May 20
105 Va Oct' 1
14
27
2
8% Apr
23"
17% Aug
2
33% Jun 14
33
Jan
24
Feb
16
31
May 26
Mar
90
F6b
26
99
Jun
15
14% Sep
2
14%
Feb
Dec
37 Va
Feb
9% Mar 16
29
Mar 27
17
Dec
Dec
Pen
12% Jan
19
49%
Dec
34% May
59
24% May 17
64
May 21
107
Dec
20
22
Feb
May
133
121% Apr
:'V
9
5% Jan
11
Feb
36% Feb
11
27% Mar
"
163%
27
40
15% May 21
50% May 15
23% Jun
1
•
Gimbel Brothers
$4.50
Glidden
Gold
Co
13% May 17
16
Dec
85
Jun
4
'
78
'•
'
,
25% July 12
9
Jun
14
May
95
6 % May
31% May
14%
Feb
12% Feb
11
20% Jun
23
51
Dec
44
Feb
10
58% Jun
16
57%
Apr
76%
Dec
57% Feb
10
81
Dec
16%
Sep
14
Jan
2
32%
Dec
39
Jan
31
Feb
10
35
19% Sep
30
14
Jun
19%
Feb
12% Mar
9
22 % Sep 15
16% May 22
7
97
20
*80
Co..—100
20%
F)
Granby
City
(W
Co
x; 3%
3%
5,900
12%
12 Va
12%
8,200
21'/a
22%
22-
22
122
*119
*118
26%
1 26%
*26'/a
123
124%
24%
26 %
123%
24%
*116 %
4%
4.400
26 Va
26'/a
*26'/a
124
24 Va
1,200
27%
300
124%
24%
120
25
2,500
400
26
*101
103
*101
'103
*101
103
23%
23%
23%
23 3 b
24
24
*80
84
*80
84
*80
78
*75
78
*75
78
x33
33%
*89
92
20%
32%
*90
20%
20%
*79
*79
81'/a
21
83
92
A
32%
32%
92
20 aa
21
21%
20 Va
21
*50%
50 Va
50%
50 Va
5%
5%
5%
5%
*116%
117%
117%
117%
—
3,000
"•
-'x'-x
20%
*79
81
XX
32%
*90 Vb
5%
20%
1,100
84
*75
119
900
122
4%
20%
21 V«
*50'A
50%
300
5%
1,100
'
5%
*117'
6,100
120
70
18%
18%
19
18VB
18%
18%
18%
1,900
58%
59
61
61%
61%
61%
62 'A
4,200
101
101
*100va
102 ''a
1
.5
*100
43%
104%
19
3%
102
101
*100
44%
44 VB
44'/a
104%
104%
104 7/a
19%
*18 %
19%
19%
35/8
3%
3%
3%
44%
105
45
45'A
%
*104%
105
19
19%
3%
3%.
6%
45%
19
6%
16
16%
16%
17%
6 Va
17%
16%
16%
29J/4
28%
28 V8
29
30
29
29
,5
25
25
25
25
25
25%
100
92
5%
6'A
'
*6 ' •••'
5%
5%
*91 Vb
12'A
12%
xl2
No par
*38 Va
40 VB
*38
13%
13%
14
V4
*91%
92 Va
12%
12 Vf
100
45%
4,900
105'/a
900
20
•; 3%
500
3%
*6'A
13,000
6%
*17
-17%
29%
-29%
24%
25
92'
92
*25
25 %
93
*91%
93
12%
*12%
12%
*12%
12%
38%
*38
38 Va
*38
900
-
1,200
1,400
3 8'A
?
92%
com.—1
Stores
102 Va
451/a
*19
3%
16
No par
*101
105
105
28%
10
new
J.
900
60
1,400
S2 25
July 21
Jun
18% July
9
pfd
conv
Gt Northern Iron Ore Prop_.No par
Gt Northern Ry 6% pfd
No par
Great
Western
7%
Sugar com
preferred
L)
19%
134%
134%
100
*70
Inc..
Co
:_:,n
35%
35%
*13%
14'A
10%
10%
Common,.
,,.3
4%%, preferred
Grumman
Aircraft
Guantanamo
$5
conv
,100
Corp..
&
1
___.No par
*94
20%
6%
com.
Coro..
!
•
*
14
li/a
ID %
133 %
4
42%
li/a
19%
20
133'A
133'A
"72
74
*70
35%
*14
35%
355/B
*14
14V4
10%
13%
10%
11
14
13%
14
13%
13%'
1,900
42%
41%
42 %
41%
42
4,800
19%
19%
2,800
*131'/a
133 %
20
133%
19%
*131 %
20
133%
*72'A
35
35
35 Va
14%
14
14
*13%
14
100
11 Vb
10%
10Va
10%
11
22,200
35%
*72 Va
35%
95
95
94
94
*93%
94%
20
21%
21%
21 Va
21%
21%
21%
21%
5,300
6%
6%
6%
6%
6%
6%
*6%
6%
1,300
*93 Va
93
93 Va
No par
14%
15%
pi
96
*94
95
,
*93%
14%
15 Va
15%
51 %
51%
*5114
96
15%
53
*93%
15%
*52
95
40
V2
*931/2
15%
15%
15%
52%
53
53
500
17,200
96
67%
68%
67%
68'A
68%
69%
68%
69%
69
70
17
17%
17
VB
17%
17 Va
17%
17%
17%
17..
1714
,,.25
33
33
*?n%
34%
34
34
34
34
Cementing__5
20
20 »A
20
20
19%
19%
19%
13%
1*> i/„
14
14
25
1,900
20 Vb
21
_,__No par
L__
Gulf States Utilities Co
250
76
76
76
6%
96
No par
Ohio RR
preferred
Oil
.—10
Sugar common..:
preferred—
Gulf Mobile
$5
74
Tap & Die Corp__No par
Corp (Thei —
Greenfield
4
423/8
19%
100
Western RR
&
40 Va
No par
."
-
*38
38 Va
15,900
6,500
H
For footnotes
***
page
24
•*'
5,600
80 Va
18%
common
3%% preferred
Grayson-Robinson
122
*25
22%
5%
118
3%
12 Va
'•
58
P__„
(The)
Steel
T)
118
3%
12%
22
51%
20%
1,700
26
20%
*50
2,000
13%
19
No par
com
&
'
3%
400
21
;i
59%
__No par
M S
:
13%
18%
No par
Co
,
21
13%
57 Va
No par
Consol
Union
,
20%
13%
92
20
1,200
1,500
14%
10
com
Graham-Paige Motors..
Granite
.
29 Va
13%
*14%
*25
75^
*79 %
83
14%
33
-*90
92
*14%
21
26
86
32
32%
-
31,400
■
94
No par
Inc..—
(B
Gotham Hosiery
21
13 %
Feb
*90
,___5
preferred
Greyhound
98
32%
No par
preferred
(H
18% Aug 11
5 % Mar
9
*75
22%
5%
Green
91% Apr
78
No par
Goodyear Tire & Rub
Grant
*82
*75
No par
com
& Stock Telegraph
Grand
86
50 Va
Goodrich Co
$5
23
.1
Goodall-Sanford
$5
103
23
*82
120 »4
*25
103
*101
*101
•
14%
61 %
94
4%
24f
25 '/a
21 Va
9
Feb
25 Va
5%
40% Jun
Jan
25'%
94 VB
4%
124%
24%
50 %
21
„
24%
60%
*120
x94'/a
26% ;v 26%
26%
26 Va
26 %
123 Va
24 Vb
61 Va
120 %
95
4%
4%
26 VB
122
24%
20 Va
29% Feb
17% May 17
8%
*119
4%
*26 Va
26 Va
3%
122
26
27'
125
1
Aug
5
105%
4%
24%
<
common,
(Thei
Bay
24
■
21%
*119%
50
Green
'
f
12 Va
*21 Va
4%
...No par
27
13% Sep
'
26 %
*122
3 %
12 %
*20%
122 ":
com
Jan
10/ Feb
4% May
4%
conv preferred
Brewing Co...
4%%
Goebel
77
Dec
Dec
*119 Va
26 %
;
3%
12 VB
21
100
,
preferred.
10
17
12
92
3%
12%
21
100
Safety Razor
preference
Apr
145% Jun
21% Mar
July
"
/.
.—5
com
conv
60
35%
9
3%
12 VB
Ti
60%
Xl20
'
July 14
Dec
14%
13%
60%
121
''
Oct
29%
$5
132
27
*20 Va
100
,
Rubber Co
&
Jan
Feb
14%
13%
Corp com._,Nopar
preferred
Tire
Feb
70
May
19% Sep
4
6
18
9
12
May 18
Jan
Oct
90
28
/
23% Jun
17
Gen
3
11
15% Aug 20
12% May
23% Dec
6
1
MarlO
95
3
May 15
X-;7
51% May
17
Instr
Gillette
17% Feb
Apr
Time
39% May 21
96 % Jun
2
79
14%
20%
1
preferred
Feb
14%
*
Gen
3%%
Jan
14%
13%
___No par
preferred
30
Dec
95
PO1'.
Castings $6 pfd—No par
Telephone Corp,.
20
82% May 19
\
94%
13%
X—100
% %
103
Dec
22%
Apr
94%
21 %
Steel
General
May 12
,81
;
95
120%
,
13%
& Utilities.,,..;.,,.—10c
Corp..,!
59 %
120%
20%
—10c
Refractories..,
58%
120 V8
CLOSED
No par
preferred
59%
60'/a
120 VB
EXCHANGE
Co__—1
Cement
14%:
Utilities
Gen Realty
Gen
STOCK
No par
Equip Corp
General Shoe
8
29% May 18
30% May
6
101 % May 22
Advertising
*94%
Corp—1.^—5
Railway Signal com
__i.No par
General
12
120Vb
.*
series,,.—No par
Service..,
Public
br/o
.
.No par
Portland
Public
Gen
Gen
31 Va Jan
130
Outdoor
59
10
Corp com
$3.75
Gen precision
6% May 24
30% Jun 14
13
110% Feb
Motors
preferred
Preferred
24
128 % Jan
22% Feb -11
v
$5
■.
4% May 21
4 '/B Mar 11
101V2
1
18% May 27.
Dec
"
;
22% July 15
May
11%
•19
General
24
19
13% May
26
65
119% Feb
18 %
125
50% Mar 16
Mar
Apr
10
Hackensack
Water
Halliburton
Oil
Hall
(W F)
Well
Printing Co__
:5
*133',
1? %
*13%
14
*33
19%
*13%
•
34
400
20
2,400
14%
500
18
COMMERCIAL
THE
(1374)
Range since Jan.
Year 1047
Lowest
Highest
$ per
share
$ per
Dec
87%
,19
Jan
13
Dec
13
112
Feb
79
102 %
108 %
Apr
Oct
jan
39 %
Jan
lu%
Dec
reo
100'/a
0% May
Apr
Feb
12
8
May
4% May
89
10
107
jun
27% JUn
16
24
Vi July 30
150% Jan
28
5% Sep
Oct
Jan
6% Feb
Mar
x20
26% Jan
14
Feb
35% Apr
13
42
95% Jan
23
103
49%
Nov
Jail
51 % Feb
140%
Dec
105
Feb
139
Sep
24
14% Feb
Dec
38
Sep
Oct
134
Sep
114
Jan;
21
Feb
121
22%
14%
Jun
Apr
*
*
Dec
33
Dec
X29V8 Nov
57% Apr
VA
9
Mar
10 Vi
Apr
28
Vi
28% Muy .20
jpn 25
2
14% jan
37: jun
1
19
1
31%
Jan
21% Feb
29%
5
20%
Oct
12
% Sep
*145 Va
-
*105%
106
7**21
-
24
,
27%
*13%
*81
Shafes
'
13%
83 V2
83%
106
*105%
106
*r45V2
'
28
2a
23 !A-
-i
149
:.-'•* .145%
149'
27%
-
5%
11
*66
6
*5%.
72
8
6
' "
72
*66
*8%
.
;'v8%-
200
•/
23 V4
23'A
23 V4
149'
*26%
*145%.- 149
'
*27
28
/
>
v ;
600
.
,
"
28
*5%
6
72 * >
*66
300
4——..—:_15
53-4
5%
6%
73' T-
39
*69
•
•
8%
8%
*8
'
'8'A
8
"
8'A
8'A
^
.
12,100
9V«
9%
9%
9%
22
22'/4
21%
21%
*21%
22
22
*22
22%
*21%
22%
*21%
22'A
87
*86
88
*86
88
*86
88
9%
9%
22
9%
9%
22%
*21%
V
22
86%
-
37
*57
ttOn-eum preferred-———100
&
*137
'
15%
37
97'3/4
37
*37
97%
*97%
58%
,
123...;
-26%'
48
58'A
571a
*97%
Dauch
*123
Hires Co
E)
(C
48
*20%
22%
21%
21V2
79%
*7&V2
26%
48
115
*20%
: 21%
21V*
*20%
22%
22
22
.
90
*20%
21%
100
"1,100
21%
21%
79 V2
*77%
79%
*10%
11
2,500
31
100
:
"
78%
11
78%
11'.
.r
'
*31
20
400
"
11
21%
-
4,600
-
,
116
*114
115
200
'/
26%
,26%
30
.
;
-
.
48'A
125
*123
26%
a
15%
47
-
125
.
*26 Va-
%
140
15%
16
47 y4
*123
116
79%
10%
:
116
116
116
21W
10%
*31
31%
*
11 VB-.
-■
*77%
10%
*31:
31%
*15'
16;
15%
15%
25 Vb
50
*
32..."
!
25 'A
*14%
1
The—
,
50
(\nry-
*138
140
*15%
125
'
*26%
26%
10%
1
CO——-10
Paper
700
98 %
58%
■
•
-
."SO
.1
37
37
38
93%
58
140
16'A
47%
47%
26%
22%
'21%
;•.. 22' v
i *78%
1
_5
*15V'a
125
*123
140
*137
16
47%
•
•
■
140
-*ir)Va
.118 L."
—,—,-1
—-100
Hinde
139
123
$4 conv preference-1——No par
Hewitt-Robins Inc—
5
Hotels Corp.——
58
47%
>;
.
-Nopar
Hilton
98 Vi
*57%
.
15%
.
1—1—,—100
Heyden Chemical Corp
3%% cum preferred
'
26%.
No par
5%' preferred
38
*97%
59%
: *137
Motors
*37
98V2
98%
-
1,900
/'v
'
cbmmoA—:-_i„1_25
Hercules Powdelr common—-No par
•
37-
:'?
87
86%
"
100
1. 500
r
'
9%
22%
>.*21%'
—100
400
-
73
'
v
-
9%
99
j—5
Col.——
Hershey Chocolate com
2
15 % Feb
14
Jan
48
17
•
32% Sep
21
42% Feb
24
Dec
26% Feb
11
35% Jun
13% May
19%
Feb
12% Sep 21
18% Jun
25%
31'A
*31
'
16
*15
31
16
16
16
300
25%
56
Feb
34% Sep
20
46% Jan
25 V'4.
25 Va
9001
Jan
36
Oct
28% Sep
29
34% Jan
85
1
94% Jun
7
Jun
22
38% Jun
id
Dec
105%
Sep
82% Oct
37% May
'16% Jan
45%
Jun.
38
28%
Dec
20% Feb
'20%
29
Feb
Dec
38% Mar
,31% May
7%
3,
May
7% May
33
3% Sep
8%
JUn
47
Jun
9
29
7
Mar
14% May
Sep 28
'
5 ft
3
45% Jun
25
Hudson Bay Min & Sm
Oct
14% Mar 17
22% JUn
14
Hudson Motor Car—
Jan
12
21
19
Apr
8
Marl6
5
7%
Feb
3
12 %
Sep
Hunt' Foods
32%
33
29%
'29%
29%
30%
30 % •
31
31
30>a
30%
13%
13%
13%
13V4
36 Va
*34%,
36 Va
28%
128%'
28%
86
*83
85
Ltd—No
-
44%
28 Vi
Corp
Hupp
*82'
44
84
44.
29%
18%
17Va'
40%
13 Va
29
*82
-
■
43
13 5 8
84
2,500 "rf,
40
82%
82%
v
44
44
30 W
29%
39%
18
*17%
4034
41V4
3%
33»
334
1,000
10,100
18
*17%
18%
40%
39%
.
■'
4
4
.
9
8%
.
•
334
" 4".'-! w
V-
8%
-
9
4
•<
•400
42%
4
42%
42%
15"'/'.
15%
15%
15%.
12%"
12%
12"34':
12%
*
9 Vb
9 7a
43%
3 V4"
44Vb
15%
12%
"12 Vi
3 "b
3VB
13%
.
12%
12%
*12%
12%
LOW AND HIGH
STOCK
EXCHANGE
7
^
'
Monday
SaturdaySept. ir,
•
i pet share
r
$ per share
$ per
$
share
Par
per share
t per share
$ per share
Sept. 29
;
$ per share
>
.
9,600
/
12 3 4
v
300
r
1
*12%
' Wednesday
.
Sept. 28 ~
12%
-
4.400
3 Vb
2,800
13'A
1,400
.;
SALE TRICES
Tuesday,-.
Sept. 27
3'A
<3%
Thursday
..
v,
Friday
$ per share
/>
f per
$ per share
fer
Sales
//
the Week
Oct. 1
Sept, 30
vV
Shates
share
1
May
18% May
39% Aug
•32%
Dec
30% Apr
37% May
64 %
Dec
62% Feb
93
97
Aug
95%
Jan
15
Jan
26%
Dec
27
27% Mar 16
11
Mar 16
24% Jan
22
26% Aug 11
'"*7%
v
35% Jun
Indianapolis Power & Light__No par
Industria EleCtrica De Mek, S A—
17
25 Vb
July
10% bet'
1
x35Va May
50
V Dec
Feb
10
15% Jan .28
Industrial
3
Jun
,
66
.
12% May
6% Sep
180%
42
Feb
Oct
17% Nov
8%
Feb
Aug 11
150
Feb'10
Dec
3
May
25
15% Feb
11
11
28
23% May 15
Interchemical
Sep
103
Jan
92% Sep
28
Feb
2
Sep
11% Feb
27
16% May 24
10
154% JUn
Intercontinental
Interlake
May
22% May
24
34%
Oct
23% Feb
11
38% Juii
9
76
Dec
96
Jan
74
Feb
9
3%
Dec
5%
Feb
3% Mar 16
25%
Dec
30%
Feb
24% Mar 16
130 % July
38% May
94% Dec
137
Dec
59%
107 %
135
Jan
2
93
5
Jun
3
139 Vi
28
14-
May 20
76% Oct
1
May
16
Feb
8
104
Dec
116
Feb
107 Vi Jan
Mining
2
International
12
International
65%
Mar .31
9% May
17%. Feb
19
Apr
26%
Feb
20
May
27%
Oct
11% Sep 27
11% Sep 27
17% Mar
22% Mar
143%
Jan
6%
Jun
19%
Dec
80%
Dec
158
Aug
Salt—.
Foreign share ctfs..
Interstate Dept Stores
May 27
26%
14
16
145
Sep
27
10
19% Jan
6
23% Jun
14
May 15
92 Vi Jan
1774
18
18
30
May 25
$6
Jacobs
*941/4
,87
*75
f'
9574
:■
8
*7V4
142.
*
3%
*8'/B
42'A
—25
57
125
& Teleg—No par
iNo
i—1—--No
preferred——
11%
par
*20»A
30%
30%
34'A
34'A
—--1
638
27 VB
82 Vb
138%
56%
94%
V
>
56%
57
94 Vi
95
8%
&%
78,:
61%
41%
41
58
5&:%
*50'A
34 Va
■
Va
41%
Va
:
59
76%
*58 Va
V
41
:
100
5,100
21
21
11%
117b
11%
*20%
21 VB
*136
140
'
21
30%
*29
35
35%
;
'
100
30 Va
357b
•>5
35
140
*136
•
*20 Vi
*29%
•
30 Vi
140
900
11%
1174
°4-'V,
100
1,000
11%
11%
/ *30
41
28,100
11%
34 %
•
:
1174
11 %
30 VB
30
'
343«
11%
20%
800
8%
77
61 V'a
58%
1174 4
34%
117b
34%
11%
:
510
*34
*34%
30
SO
8,600
-
*58
'
;
/
*20
.
2,000
16,200
94%
61
1/200
3%
138
V:
670
3,100
1
■
30 VB
135 Vi
*76
•:;//
*
-
A-
82%
3%
297..
57%
*8V«
8%
'
:
27 Vi
*78
374
13,300
.
67 a
"27%
:
30%
95%
27%
162
162
34%
V. 34'A
140
*136
'•'
:
1174
.
21 VB
par
50c
'/
2674
6 %
11%
1174
11'A
—-No par
57 Vi
57
*34 VB
35
11%
1,400
27%
41%
;/
42
/
14374
2
1C3V4
*58
*59
61
-
42
57
*34%
«
*58
143%
142 V
3%
57
.78
300
5,000
29 7«
.V
1^9
*76
a
:*13534
3%
230
-
;
21
14%
'78
82
30%
,
■./
2,400
4
*2%
27
;
—
6.200
14 Vi
638
27 Vi
/;
77b
16 3
A
Vi
2
26%
'/
6%
'
'
94 V'a
*93
162 Va
27%
16374
V *94'.4
78
600
.
5.000
147'b
2%
14 VB
67'«
16%
1674
93
>,B
142
55%
8
•
14%
139
V
16 Va
94 %
2
*7 VB
8
*7%
93
16%
27
30
55 3A
77%
77%
!
,;f.W
V/
18
*78
138%
95%
60
Island Creek Coal common..
May 27
-
Telep
Intertype Corp 1
39% May 20
137% Jan
17%
26%
V
2,000
/-
44
163
-
54%
~;
60
—
24
35% jun
*6
42
common
preferred—
7%
16 Vi Jun
1
*94V4-
No par
International
9
83
138%
56%
V
/
2674
*78
139
55%
No par
Shoe
24
18
156
42%
*152 VB
'
16% Jun
29% Feb
*152 %
43
14'/b
r
6%
26 Vi
83
138%
-
100
International Silver
july 12
35
—No par
.
preferred!
57c
Jan
Mar
164
6'A
.27
*77 7 B
Co com-—__15
Paper
$4 preferred.
Jim
Mar 12
27
100
45
30
156
421
142
27%'
26%
163
67
*66
.6674
66
66 Va
427«
/ *2%
!
142 /"■ 143
144
3%
64
43
-
156
*.-i3
-
29 34
24
Oct
; :
700
44 V»
1774
2%
"14'/a
3'A
39% Mar 16
4
___;
S3
*2%
.
29%
52% Jan
Feb
/ *4374
16%
37b
Dec
Feb
44
.
297/b
Feb
63%
43'a
427'b
8
29 'A
58%
17%
1074,:
*66
>/■ 3%
45
40
24%,
103t
*152V»
Corp——-1
Jan
Jun
24Vb"
11
«
1374
2 V\
14 3a
6r%
common.
Int'hRys of Cent Amer com._No par
29
9% May
■i
2,700
24%
11%
42%
16
•
2.6O»
24
--
66
*7'A
7,600
10
*11'
156
92 3 4
93 /•:
=
2
277 4
Apr
32
44
43
300
277«
x23 %
1174
16
163'A
37%
40 % May
J.
7 ,•
6%
46%
•
8
26%
International
Jttly 22
Sep
Sep
9
.
93
100
No par
Preferred
99
9%
24V4
66
16%
161 Va
International
28
*7'A
*16'A
_100
1
Feb
86
2731
9? it
*95
97«
17 34
5
_
preferred.
2
July
64% Jun
42% Mar 17
27%
9Tf
Int'l Nickel of Canada com._No par
15
Oct
27%
17%
No par
77c
% May 20
33% Jun
27%
',
'
18 V8
Int'l,Hydro-Electric Sys class A—25
Int'l .Minerals & Chemical com__i5
4 7c preferred
-1
100
11
9% Jun
27%
27 Vi
17%
-
143'A
Harvester
27
11
174% Jun
5.% Feb
31
42 5
Machine——No par
int'l
x34% Jun
161% Sep
Feb
*30 Va
9%
*152 Vb
156
13%
11
27
Jun
97 Va
30%
42
—_i—No par
Business
10%
*95
303«
4234
1
common—
Rubber—
Iron
Int'l
186%
6
Inc__
Corp
preferred-
14
26% Sep
!
4% 7c
3% May 18
11
97%
31 Va
*
Insuranshares Ctfs
8
Mar
7
V
600
97 Va
42%
.
63%
*30%
"
66 'A
•
*152%
Inspiration Consol Copper—1_:_20
6% Feb
21% May 27
87/b May 24
108
15% July
i___l_100
_.
Inland Steel Co————No par
83%
,
*95
2374
447b' \ 4
66
common--.—No par
preferred
July 14
Dec
163
>
67c
46 Vi
125% Feb
9 % May
Ingersoll-Rand
11
" jun
44
/
*11
'.>
V
•' "
10.700
83
:
9%
23%
11 Vi
23%'
1.700
35%
83
31
27
•
33%
34%
82%
97%
31
10
*32%
35
82 34
82%
*95
"1,/
27%
*11
1
Rayon
V'.
34% Mar 10
16
100 %
76% Jun
160
*30%
9
11
20% Feb
Dec
serie$
Juh
9% Feb
Jan
Apr
A_—1000
32
9%
Dec
11
97 Va /" ; !
2674
17
33
83Va
/
33
24%
33%
33
.
35 VB
: 82%
33
'//, 34%
33%
33'A
r 34
" IV
*95
—:Napar
11%
169
35 Va
83
CLOSED
-100
—
Co
Power
3374
34%
Illinois Terminal,RR Co__— _5
30%
56
c'tfs
stock
RR
Illinois
4c/c
33
3
Dec
39
STOCK
EXCHANGE
coiftmon-100
Co
67c non-cum conv pfd ser A—100
May 26
Jan
May
^12%
20
1——
RR
Leased lines
37% July 12
30
Co~
Power
Illinois Central
90
" July 13
97% May 17
12% Jun
X21
Idaho
24
42% July 14
*137
140
300
'
1,400
-
143
10
J
39% May
89
Dec
37
Jun
13%
Feb
24% July
104% Feb
53
6 %
82
Jan
39% Feb
18
48
104%
Sep
92
Feb
13
99
46%
.
Oct
33% Sep
20
42% Jun
Dec
125% Oct
100% Feb
11
113% Jun
9
24%
Sep
34% July
20% Feb
19
33% Jun
10
98
Dec
112
Jan
100
Feb
10
106
May 21
145
Dec
151
Dec
145
Jan
29
158
Jun
27% May
39
Feb
29% Mar 16
11
86%
Dec
101%
Feb
83%
Feb
6
25%
Jan
40%
Oct
31% Feb
11
14
Jun
22%
Feb
14
Feb
11
21
May 20
94
Dec
108% Mar
90
Feb
17
98
May 11
'
Co__
Johns Manville Corp
6%
1
com.—No-par
3V27c preferred
21
83
44
44
•
...
-
42 Vi
42
6%
6 V'a
21%
*2074
21%
*2074
*83'/a
84%
83 Va
42%
*42
43
423i
*91
93
6 %
6 34
*91
93
*91
94
4
r
33%
34%
33%
347'b
34
160
*155
160
*155
3374.
83Va:'
84
84
32%
34
32%
♦
34 Vi'
.
"
33
:
34 ' -
34 %
83%
33 »A
preferred series A.-—_100
Manufacturing Cb-r—
1
*30%
101 Va
*100
101%
160
*155
30%
*100
:•
*84
33 "
35%
103%
104%
30 Vi
101%
'
30%
*103%
3076
*100
35%
*30
103%
30%
101 %
35
*90
*103%; 104.Va
103%
30% V
*155
57c
35
106 Vi/
101%
Joy
42
:
21%
*84
,
67B
2,100
21
200
; 84 Vi
50
43
700
~
47c 2nd preferred series A—100
Joliet & Chicago RR stamped__-100
Jones & Laughlin Steel com__No par
85
*83%
85
6%
6JA
21 V'4
.-*g03,4
94
*103%
1.30
.100
——
:
84
*91
...
:
6%
6 '/2
21
;
common—12%
Johnson & Johnson
11
37% July 14
93% Apr 16
43% Jun
1
L>
Jaeger Machine Co—INo par
Jersey Cent Fwr & Lt '4'1 pfd_ll00
Jewel Tea Co ;Inc com
l.No par
3%% preferred-—-_^——I_100
May .28
May 11
108%
IF
34%
-1
333/B
85
85
85
34
33%
35%
"
;
36
103%
31
*100
-
8,900
/
300
:•
101%
*155
V
160
"34'A
02
1,400
160
.3374
*84
•34%
30
343/B
11,000
300
86
6,800
35%
K
Kalamazoo Stove & FUrnlture
Kansas City
16
May
47% May
29%
Dec
58% July
23% Feb
11
48% Mar 12
46% July 13
60% Jun
22
13% May
18
Nov
14% Mar 17
18
20% May
26%
Feb
20Vi Feb
20
13%
Jan
21%
Oct
17
Feb
10
26 Vb July 13
22% July 12
41% May
52%
Jan
42 % Feb
13
60
Jun
43% Sep
9
51
Apr 20
46
Aug 18
.May 24
39
49%
Feb
36
Feb
Dec
27%
Feb
19
Feb
11
Dec
116%
Feb
92% Feb
21
19
Apr
21%
103
13
11% May
20
Feb
11% Feb
65%
85
Jan
63
88%
Oct
29% Feb
11
90 Vi Aug
16
Jun
25
May
90
Dec
For
102% Aug
footnotes
see
page
24.
Mar
8
24
May 22
18
104% July 14
14% Jun
2
75
Jan
2
36% May 27
95 Vi July 15
3.80'/,
10
*14'A
14'A
14%
*93
95
-100
95
Southern com—No par
preferred
100
39
40 'A
*56
5674
Kayser iJulius) & Co—jl—
-5
Kelsey Hayes Wheel conv class A_1
Kansas City
4 <7
_—
non-cum
Class
Kennecott Copper——;
1474
95
14 Vb
14%
14%
397.'.
393A
40 VB
56 %
*55'A
5674
.94
94
407b
5574
55%
6,000
100
15%
15%
15%
15%
1,500
24
24
157i
15%
15%
15 34
23
23%
24
24%
*24
18
17%
17%
18 Vi
1874
18
18
—No par
53%
54%
5374
55%
553/b
56%
56%
5674
44
44
43 3A
44
43%
43%
*43 Vi
44
43
43
43%
—
—100
43 %
43 VB
*42%
43%
,43 V.
20 VB
20%
20 V4
20 Vb
20'A
20%
20%
96%
96%
96 Va
96 %
96%
97%
97
97
12
'
Inc common:..——10
24'A
-20%
12
68
68
68
33%.
32 V4
93
92 V2
32%
*92%
.
*12'A
50
3974
5674
16
—__
700
40%
40
23%
Kimberly-Clark Corp -com—No-par
4% conv 2nd preferred.-——100
Kinney <G Rl Co common
1
$5 prior preferred——No par
t
*55'A
16
'
14%
95
17%
County Land Co.
.—5
Keystone Steel & Wire Co—l.No par
preferred
38 Va
*55 /
*93
23
Kern
4 7c
*14Va
*93
1
B—
Koppers Co
14%
95
Power & Lt Co^—
preferred
*18
56%
.44
*43
20%
*96 Vi
2,600
187b
900
57%
17,100
44
1,000
4374
300
20%
2,400
97
160
13
*12
13
*12
13
100
68
68
67
67
*66 Vi
6774
140
33
33
33 Va
33%
33%
33'A
33%
2,000
92%
92
92%
9174
91%
*9174
92%
290
13
683/B
*12 V'4
:
,
400
r-
•
153»
15 V4
12 Va
■1*3%
-:"3%
12% " 12%
-:"3
V1.2U0
.;
9%
43%
15'A
43»/»
12% V
'-.3-
r—T1
YORK
NEW
flange since Jan. 1
Highest
.
2,300
v:
*8%
42%
15%
12%-
41'A
'
■,
43 %
9
..
42%
'
•'•'1' 15
'■ 'vi
.3%-
••
9
•
42%
par
—No par
—
> 800
28%
44
%
30
400
2.300
,
36%
,
28%
140 Va-
1'7%
1-2 V'4
24 Va
13 V*
*35
36%
29
-
-17%
39>'»4^ 40%
:
>
*34%
;
30%
:
■
'
00
;
>
'
Refrigerator Co.'—No par
Hussman
16
Lowest
Highest
>
;
4334
29%
43%
30
28%
*17%
11 V'4
13%
13%
*34%
x28%
STOCKS
/.-'.
Year 1947
33
"
_•——-6.66%
Inc
Range fer Previous
Lowest
321/4
'
May 17
14% Jun
27
32 3A
29 V 2
preferred:——_100
non-cum
20
■
32%
43%
,i:
34% Jan
Sep
*23 a4
32%
Hudson & Manhattan common—100
Feb
43%
23%
32%
*84 «•
Howe SoUnd CO—_———5
,
23''a
33
12%
36%
-
Howard Stores 'Corp_'_——__—l
6
•
t c_,
*11-V'4
23
13>/B
V
v
12'A
23
29%
25
Houston Oil Of Texas
1
23 "
31
£cp 28
Jan
4
*11
23%
*34%
.
374%! preferred
ii:Ll00
Houston.Light & Power——No par
.
12%
*23
29%
com...,—No par
21%
May
15% May
8% May
17%
33"
11
*11%
32%
i.
-No par
50
Household Finance
30
May
12 J/2
Feb
13% Mar
46
Mar 12
2,
*
12%
23
*11%
i
5
Houdaille-Hershey com
$2.25 conv preferred—,-
14
28%
Electrochemical
25%
25'A
25 >/4
23
j-5
—10
12*50
,
Co
Hooker
9
Dec
25'/4
_5
(A) AgSons——
Holly. SUgar Corp
Homestake
Mihing
1
1
44
Co
Furnace
Hollander
30% jiin 28
Jun
36
Nov
Holland
May 20
16% May
9
Jan
>
•*105%
106
23Va'23Vi'
-<
28
5%
V
1
L„——1—2
preferred
(G W)
Hercules
1
2
25% Jan
Aug 13
25
V
24
149
___J100
_
3%% preferred
7%
,
86%
29
Mar
13
27% jan
May
1
preferred
3.65'/r
30% Apr 10
123% July 27
4
Feb
17
30
CLOSED
-"*23%
1*145%
/' !-*27Vi
Heini (H J) do common..-.;-—4.-—i5
2
14% May
.35.%
'*105%
:
-
13%
13%
*81
83%
"
$ per share
$ per share
13% '13%
*81
the Week
■'
21% May
!
EXCHANGE
Cofp of Amer c.ass A—•———1
HelmO
6
128% Fee
Mar 22
18
\
22% May 21
9
26% Aug 17
78% Sep
Jun
153
21
Mar
46
63
134
10%
83'%
106
*105%
STOCK
par
_10
Marx—
Hazel-Atlas. Glass
Jun 25
Jan
2
91 '
,
10
Dec
Sep
14-;,;., ■7-:
*81
Sales
Oct. 1
t
'
Sep
29%
Schaffner &
Hayes Mfg Corp
July 16
jun " 1
July
68
Mar^
*13%
Friday
Sept. 80
Sper share
13%
83'%
*81
—100
Hecht Co common—
May 28
62
108
Feb
c0m__No
Refrac
preferred
4'/a 9e
5
27
Dec
26
Hat
27% Jitly 12
Jan
May
22%
^13V4
Hayes industries Inc—-
11% JUn 10
ll
i0
21% Feb
85
$ pSrshare
shark
j Per
,
'
78
X95
14% May
i per share
No par
for
Thursday
1
'
.4
Apr
Jant
6%
Hart
11
Jan.
30%
42%
Sept. X7
'
103%
/20
■y
' 5
7%
79 *
6% Feb
Dec
29%
jun
jan
10% jun
27
AUg 25
11
69
Monday, October 4,; 1948
'
HarbisOtt-Walk
9
34% May 15
27 Vb Mar 16
May
118
Par
LOW, AND HIGH SALE PRICES
Wednesday
Tuesday
'•
Sept.
Sept.
Monday-
4fid. conv preferred-i—_—-—•100
Hanna \M A) Co $4.23 pfd—.No par
12
21% Feb
90
50%
Jan
■,
RECORD
Saturday
sept. '25
'
*
coin
Hamilton Watch Co
xl4% May 21
xl01%Feb
146
YORK STOCK
EXCHANGE
NEW
$,per share
share
% Mar 3
Mar 22
'22
126
•
1
Highest
•
9%
35%
Dec
25
Dfec
160
28 % May
75 %
Sep
27%
Dec
19%
148%
CHRONICLE
STOCKS
Range for Previous
$ per share
FINANCIAL
STOCK
YORK
NEW
Lowest
&
•
YOltK: STOCK
NEW
Lowest
Highest
$'per share
$>per share
{vper share
;
Jan1
40
Oct
32
45
Jun
59
Feb
t< per share
.
Apr
52 %
Oct
;
4% May
Dec
9
20%
10
'7
;
44
'
Jan
14%
Jun
Feb
.Feb
.56
Kress
6 %
•
7'
Sep: 21
18% Aug 12
9% Mar 12
Jan
'
May
49%
4% Feb' 11
Feb
14
■
Dec
Kresge (S S)
8
Oct V
42
12
24
,
La
Mar-24
Lambert
14% May 15
1
38
95
35
Mar, 19
30%
Feb
23:
Feb
27
Apr
12% -Feb
•
Juri
4 %
Feb
95-
Sep
14
10:
Feb *11
101
Dec
9% May,
3®%
47
56%
May
21% May
May
44%
30% Mar
Jan
8%
Feb
1% May
35% Mar
25%
9
38
Sep
-.
24
4% July
12
5%
Jun
9%
Feb
5% Jan
19
50%
Feb
41% Feb
25
24
Jan
30
112
17
25
Feb
59%
Feb
;.„
9
May
8
May
11
46-
Apr
10% Apr
38% Jan
31% Mar 16
82
191% July
47
x48
Apr
M&r 12
161% Oct
1
8% Feb
10
12%
Oct
63
Dec
•
35%
Dec
128% Feb
19% May
78% Deo
30%
Jan
109%
Feb
,
50c
ndn-cum
11
11
44%
*41%
*24%
*39.
40'
23%
23%
*
'
23%;
8,000
200
7%
7'%-
11%
11%
36%-
37
36 %
5%
5%;
3%.
2%
8%,
7%45
30
42
42
25%
25%
25%
500
41 y4
*40%
42
900
23%,
23'A
*23.
23%
96
*93
96
43%
23V4
96
*93'
500
—
12
11%,.
11%
11%
12
2,400
36%
.
36%
36%
36%
36%
36%
5%.
1,400
1,400
3%
8,000
5%
6
*5%
3%
3y«
•
*41
63
*41;
63
23
23
23
23
23%;
8
8
45%
3%
3VB
63
23-
:
6>
5%
3
*41;
8
45
46
1,100
11%
22%
,*7%-
1,400
•
39%
*25
23%
63
22%
24
22%
10%
*41%
3
*41?
10%
40;
53/4
2%
63
11
25
*93
36%
5%
19
44%
12
*41
19
38
96
11%
,
18%
25
:
23%
*93
96
*93
Corp
*10%
25
39'
10%
*41%
44%
25%
18%
8%
45%
46%
46
X
8%
*8%
900
8%
3,500
46%
46
46%
3,000
1,500
'
9%
9%
9%.
9%.
9%
47
10
(■;' 9
'23% Jan
85
50%
Lion
55% JUn* ll
Sep 15
73% Sep' 29
49%
JUn
3 % r,'c
14
24% Jun
11
68% JUn
Oct
19% Feb
2
9
9%
Jan
18
Feb
Jan
141
Jan
6
23% Sep
22
53
'Feb
!
I 29%
Oct
20 ;
Deo
101%
Aug
*92'
26%
Oct
St&r
Long
Bell Lumber
Lorillard
158
7
22
io
Louisville
May 15
LOusville
50
11
24% Jan
x39%
21%
20%
9
15%
No par
59 34
& '
series* A
Co
60
25
25
20%
19%.
No par
23 34
24
24
*42%
44
43 %
19
180
36
10
:
64%
65%.
65
66
;
40%
41
40%
41
2,900
17'A
.
17 %
17%
17%-.
1,100
35
35
9%
800
10
6,500
1,000
;
21
21%
21
21 'A,
15%
15%
15'%
15%
10,600
60
60%
1,700
'
-,*73V2
,
75
*73%
75
100
6,400
61
61
62
62%
26
25 »A
25%
25%
25%i
900
20
20%
19%
20
20
20 Va>
3,100
145
145"'
145
*144
146 y2,
*24
24%:
*25%.
;
145-
24%
*24
42%
26 Vk
26
96
*
18%
18 3 4
*18%
.
44
26%
96-,
25%
*95%>
24%
44
27%
95 %
24%
:
43%
19
*95%
10
2,400
15%
96
26%
26
——100
86%
162 %
21%
437/a-
1___i__.
:400
86%
161%
73Va
24"
50
.
35
66%
162%
15%
146
*143%
146
*34%;
9%.
21%.
20%.
*143%
100
34%
2,600
5,000
9%
73%
4
25
19%
& Sons Inc com__l
<Mj
Steel
60
25
A—No par
Nasltville—*—
'4%% ' pfd
Lukens
8
1 Md)
9%
1,300
48%
48
50
10
41;
60%
Corp.
22%
17%
V
15%
common.---—_10
Co
*22%
*17%-
21%
15%
64;
40%
22%
*35
10%
64
t
74%
*70
74%
*70
34%
86%
*160
36
10
1.7%
17 %■
9%
'
87,
163.
40
17%'.
15%
Gas & Elec Co (Ky)
Lowenstein
35% May 15
'98% JUiy i4
28
*61%
40 %
,17
20%
preferred __L__—:
'7%
JUn
M&r 17
Feb
18% Sep
IP)
•24% sen
38% Mar 16
13% May
Lone
21% Sep
19
172
Cement
4
30% JUly 15
27
62 »A
39%
,
87
*34%,
9%
62 %
49
.
34%
34%.
.
36%
9%
_No par
11—
_
*35
<
,*22%
9%
163
87%
165
61%
par
preferred———100
conv,
Inc
10
9%
Lockheed Aircraft Corpi—-—1
'57% Feb 28
13% Jarr
Co._l_i^__l^.-—1--No
Oil
36%,
36
34%
86
*163'
163
9 Vb-
9%
34%.
88
86%
163
Liquid Carbonic Corp com.—No par
9
35
*34%,
,
y%--
9%.
9%
.
•70% May 24
11
49%
Corp—
Lily Tulip Clip Corp
No par
Lima-Hamilton
Corp
—5
Link Belt Go-!—-———No par
May 14
13% JUn
55% Mar 16
49%
79% -Feb
17% May
2,600
5%
5%
7
18%
50
58% May
12% May
93
11%
7
18%
10%
49
Loew's
•
1,000
44%
44^'e
5%
2,700
53
"
22%
20% May 21
Deo
5%
7
*6%.
;
'
-
22%
115% Sep .27
39%
19
22%
Feb
Dec
7
18%
22%
Feb
137%
5%
36'A-
"
*6%
23
27
21%
5%.
5% *
7
23
20
Apr
5%
5%
19
No par
10% May
18% Deo
28%
44%
38%
Liggett & Myers Tobacco com
25
T'.c
preferred
—__—100
8
174% M&r 30
•17
.
12'
2
Jan
'91
1
Oct
35
Aug
24% Aug.
17%
44%
Libbey Owens FordOlassi-i-No par
Libby
McNeill
& Libby—,
7
Life Savers. Corp.—
5
1
Oct
Dec
Stores
14:
Jan
Dec
Lerner
56% JUn*
40%
10
44%*
2nd
Lehn &
•26% Jun*
13
96%
33% May
44%.
1st preferred—No par
May 20
20
8% Feb
78
May
44%
5%
pfd_.
No par
(The)*——_1
Fink Products——
5
Mar 18
'16% Feb
29% Mar
169
44%'
25
Lehman1
*
>10%M&y 12"
.
44%
35%
*52;
'•
t
46% May
Sep
52 %
*41%
May 15
56
36%
52%
19*
(James): & Sons Co'com-,^-_-3i
3:85%,' cumulatiyA preferred,1-100-
$3 nonrcum
'
38% May
10% Dec
36
52%
-
Lehigh Valley.RR—1—1--—50
Lfehigh Valley CoaT com-'———1
Non-cumulative .preferred!
50
•26%,juiy~i2
19% Mar 30
Feb
38%
52%,
Lfehigh .Coat & Navigation. Co____10
Lehigh
Portland /Cementl——_25
2
8% JUn
k
36
51%
Lifees
26% May 28
99
Jun.161
■'13% May 22
4% Marie
1% Jan2
3%-. Feb
35%.
51%,
Shares
$ per*share
$ per share
35%
52
11 VB
5
Tire———,
the Week
35%
"6%
________1
Co
Rubber &
Lee
May 18
35% Mar
14%'May-,
,
STOCK t
EXCHANGE1
* CLOSED
•
No par
50
common—
preferred
Sale» for
Oct. 1
44%
4
—
tper share
$>per share
i^pershare
Friday
Sept. 39'
35%
(The);-
Bryaiit
Lane-Wells
6
share
Thursday
Sept. 29'
52
pfd—75 Pesos Mex
—No par
6%
C0»
4: % r/e
53% May 17
297/a May
$ per
Wednesday
Sept. 28
Sept. 27
f
SALB PRICES
Tuesday
Monday
No-par
Light- Co
ConsoWd
Lane
Saturday
Setft. 25'
10
Co--*—';.—
"Cas
Laclede
May 15
Apr
5
25% Aug 12
-
•
19
RECORD
(S H) & Co-1——4N0 par
Kroger Co* (The)
47% M&y 18
Feb 13
41
*
13
3
58% July
46% Feb> 16
40'A
-.
Par
39% Jun
34
■
Feb
EXCHANGE
HiriiesC
,
(1375)'
LOW AND HIGH
NSW YORK'STOCK
Range since Jan. 1 •
Year m?v.
.
CHRONICLE
STOCKS''
Range for Previous
JLowestr
FINANCIAL
COMMERCIAL*
THE,
Number 4739
7 Volume 168
27%
*95%
19%
19%
96
43%.
,
v
27%
27%'
*95%
1(300
f
2,100
96
*19
19%
40
500
43%;
19%
1
600
'
M
,■34
41 "
Mar
134
* Nov
•
30% May
99% Dec
10%
Jan
27
40
Jan
2
Apr
130
Sep
29
142
Feb
13
27% Jun
10
Jan
18% Sep 30
'30% Mar 16
111
98
Apr
12
Feb
11
S6p
29
xl6% Feb, 26
18%: Aug
Dec
525
May
12%
Jan
9 %
Dec
14%
Feb
22%
Dec
32%
Feb
•3%
•
Jan
...
9
7
V
: 8%
7
;•
Dec
Manati
Sugar
M'andel
Bros
Feb
14% Jun- 22
vMaracaibo
Marathon
6%. Feb
34%
20:
22% Mar
Feb
Feb
Jan
22% Apr
16
Martin
19% J&n
16
69% July
Nov
19% Mar
35%
Nov
27% Feb
Jan
170
Feb
106
85
Dec
82
Dec
-7% May
14%
11
Sep
176
Feb
84% Mar 27
7'A
May
3
Jun
18
Jan
13
Nov
$3.40
12% May 15
Maytag
50
Jan
*38
Mar 12
113
Jan
110
Apr 16
Jan
25% Sep
43% Jan
112
21
Jan
9
41% Jan
27
12
Year 1947
$ per share
$ per share
k
8%
21%
T"
8%
■*17%
24
<
95%
13%
13%
7 %
17%
23%
95
14.
14%
15%
55:%
56%
2038
21
2034
20%
*20»/2
20%
20%
20%
35
35
*165
169
40
41 %
—No par
89
89
*86 %
*77%
-No per
41.%
42
*88%
89
*88 '/a
89
*86%
86%
.*
E'3%
79
*77%
79
78%
10%
*10%
10%
10%
10%
40%
*39%
*110 \\
111%
25%
25%
*
26
25%
LOW AND
110 V*
,26',
HIGH
SALE
35
169
7,900
■
"
"
17%'
-
—
-4.
23%
1,000
95%
137/»
120
14'A
4,700
15%
I
2;800
•+
15%
55%
55 %:
20%
21
35%
1,300
1,800
1,700
.
35%"
1,700
*
*165
—
169
*
-
41%
41%
88
88%
86%
86%
86%
*86
86%
78%
*77%
79%
*77%
79%
20
10%
10%
*10%
10%
500
•
44
*39%
111%
44
*110%
27
111%
26%
26%
,
41'%
3,200
89
*88
39%
*110
42
80
.
39%
»A
.100
111%
27%
20
27%
1,700
PRICES
'Wednesday
Sept. 29
Tuesday
Sept. 28
Sept. 27
Sept. 25
*
111%
110 V4.
Monday
Saturday
*39%
44-
*39%:
44,
par
par
STOCK
35.
*165
;
par
EXCHANGE
35%
169
*165
41%.;
86%-
10%
par
*35'
*
35
169
34%
*165
5
:
*17%.
*95
15%
;
4',500
7
23%
14%
15%
56
Corp—No par
—
--
95%
;55%
9
22%-
7
23%
14%
15%
200
21%
17%
2,400
200
8%
23%
;
8
9%
21%
21%
7
1,000
*8%
8%
9t
500
13 Vv
*20%'
21%
t
:
400
580
8
9%
21%
56
1947 series—No par
NEW, YORK
Highest
-
.
*480
.
8%
*8%
*20%
9%
14%
—.
Range since Jan. 1
Lowest
7%
8
*123A-
13%
580
55%
STOCKS
V
Highest
6%
*17Vb-
.
95%
13
13%
*480
21%;
600
11%
20%
15
common
Range for Previous
Lowest
r
13
12%
11%
20%
95*
23%
*94'
.
100
11%
20%
56%,
No
$3
preferred
_No
$6 1st cum preference——No
McCall
Corp
No
Co
:
*90
100
20%
-1
pfd—
cum
95
.100
$3.75 cum pfd
23%
1,300
1434
common
$3.75 preferred
JUn
85
94%
17%
■
34
55'A
preferred
93
23%c
21:%'
t
34:
No par
No par
Co_
Dept Stores
93
23%
x8 %
'-•(
T f'
:
*17%
17%
*17%
1
Co____
.
Chemical
Mathieson
6
Feb
Jun-
483a
26
20
Corp
Electric
Master
77% Aug 13
9% Feb 11
*84
108% Mar35% May
Jan
47% Apr
9
35% M&r 16
100% Aug
97% Mar
-
9
27% M&y 20
39% July 29
4
L)
iGlenn
Masonite
67/a
7
6%
'
21%
-"21%
21%
21%
7%
*8%
*20%
8%
•
•*
34%
;
580
9»A
8%
8%,
8'A
I
7%
8,000
13
13
*480:
20%
*8'A.
20%
21
20
19
*11%
IT
20%
'
13:
7%
8%
8%
i
580:
*480:
7%
7%
20'
300
130
18%
*98-
100'
11
20%
11%-
*12%,
13
34%
*98
98"
.:
19%
580
.21
1
98
*11.
11%
20
12%
5
>
Martin-Parry Corp.
11
9
99
*480
__'_ll___-_l_--6.25
Marine Midland Corp..—cl-J—5
Market St Ry 6%
prior pfd—100
Marshall Field & C,o com..—No par
4%:% preferred 1—!
—=—100
27
26%
Dee
.
^
—
Exploration
21
14% Sep
47% Feb
49%
17% Sep 16
29% May 18
4
99
*127
187/B
34
19%
34%.
37%
*37
37%.
130-
18%
;
18%
34%
*19%
Corp
103% Jun-
Oct
190
,
Oil
'
27
Jan
Dec
May 20
33%
Co__——:———1
1—
No par
-94% Sep
12% Sep
24%
39% May
8
20
7
J&n-
Shirt
Manhattan
25% May 17
63%
42
8
10
15
34
24% May
-
•
28
5% Feb
111% July
May
88
10% Sep
26
18% Mar 18
Feb
14% May
175
23
17
39% May
18% July
-
Apr
13% Jun
8% Mar 16
16%: Dec
22% May
14
525
23
Mar' 4
20% Feb
Dec
27%
;
May
97%
11
Apr
34%
*36%
*127
131
130
:
19%
*11
Madison
'
19% May
6% May
-
9% Feb
500
19%
34
(R H) Co Inc com
No par
pfd series Al_
—100
Square Garden—No par
Magma Copper
,—10
Magnavox
Co
(The).
1
Mkhoning Coal RR Go„—
50
20'A
36%
36%
136
*13H
'
19%
4 % ';c
4
137
37%
*30.%
38 y4
37''2
*132 V2
.—100
5
Macy
24% May 20
16% July
6
103 % Jun
com__l—10
Forbes
&
preferred
1_____1
Trucks Inc.l——
6%
Mack
15% Apr 12
21% Mar
Dec
MacAndrews
39% May 27
Mar
15%
Jun
6
36
41%
11% May
16% Apr
455
Nov
'
152
Thursday
Sept. 39
Friday
Sales' for
Oct. 1
the Week
'
.24
33%
May.
$ per share
Feb
.25
Feb
$per share
11
36% May 21
101% Jun 14
Dec
107%
Feb
88
35
Mar
45%
Oct
24
May
32
Feb
34% Sep 24
23% Mar 17
46
Dec
56%
Feb
45
J&n
23
44'
Jan
30
Sep
20
May 1552% May
1
35% May 15
Feb
87
J&n
.5
98%. Jun ; 2
11
24% Jun
9
24% Jan
12
30%-May
87
.
Jan
5
42% Jan
31
Deo
105%
17% May
25%
Feb
21%
Dec
31%
Feb
19
16% May
88% Jun
23%
Oct
16% Feb
105%
Feb
80 % M&r 24
96% Jun
40%
Dec
20
Aug 13
27
23% May 25
8
50
36% Feb
27
46% M&y 28
Jan
20% Feb
16
25
24%
73
May
Feb
25%
May
16
18% Feb
15
Jan
2
'
;
43 % May'
,83
3'5 % May
Dec
33
18% Jun
!19% Sep, 20
44% Feb; 11
Jan
x87% Sep
17% Feb
50% May
8
63% July 13
95% Jun 23
9
13
27% JUn, 15
ls %
*
Feb
66%
Jan
15
Jun
17
12% S.ep 28
9% Mar 17
Nov
14%;
Jun
140
16
-
14
May 10
: JUly 13
43% July 19
56% Apr
88-
981
54% Mar 11
99
Dec
102%
Dec
99
1
May
15
Dec
10% Mar 16
104
Jan
123
Oct
111% Mar 11
56%
8
Oct
Feb
.
July 21
Jan
11
Feb
10
4
9 %
May.
21
3
78
May. 17
105% Juri- 17
10% July 13
121;
July: 14
73% Jun
14
9% July 13 1
Feb
13% Feb -11
34
July 13
51%
Jan
34% Mar 17
44:
Jan
5
13%
Feb
9
Feb
11
15% Jun
24
-Feb
24
Sep
15
47% Sep
27
29% July 6
61% May 17
25%
32
63%
Feb
128%
Feb
101;
Sep 27
105% Mar 17
Sep
64%
Feb
Dec
17 %,
Dec
12%, Sep
May
27%
Dec
23
May
14%
Nov-
11% Jan
May
15%
24*
2
42% Feb
10 %
49
Inc
common
preferred
—
47 % Mar 16
For footnotes* see- page 24,
27
28"
Mar 17
23
122
May 15
112% Apr
6
ioy2 Sep
20
65
Merritt-Chapman & Scott
Mesta Machine Co_J_——
Metropolitan Edison 3;90%
Steel
7%
preferred
Mojud
$3.25
preferred
$4 preferred
Montana.-Dakcta
Utilities
- May 21
17% May 15
Montgomery Ward & Cb
9
Morrell
2
Motorola
18% July
Moore-McCormack
(John)
Inc
!
&
Lines
Co___!
*86
93
*22
22%
*22'A
22%
19%
19%
19%
18%
18% O
18
18
91
91
90
90%
*88%
90
*88%
90
36%
36%
*36%
36%
*36'A
36%
100
23 %
23%
23'
23%
23
500
1,400
•
*86
93
22%
*22
19»/b
*19 %
19%
18%
18%
18
23
500
too
18VB:
14%
*14%
15
14%
*50V2
53
*50%
*16
16%
9 %
*9
9Va
9 Vb
*9
9%
■57%
57%
60
53
16%
2,100
15
52%
9V»
56%
57
.
-
56%
*56%
58
*86%
87%
*86%
87%
*21%
23
*21 %
23
38%
*37%
39
39
39
96 %
95;
95
95
15%.
15
15
15:.
15
50%
52
52%
40%
40 %
41
51%
40%
%
....
39
.
96
"38%
*
*131%
400
•
95%
95
95
15%
14%'
15
2,300
54%
8,000
52 ■%
52%
42
41%
133
*131%
41%
133
130
1,100
40
12%
12%
12%
12%
12%
127/s<
10%
10%
10%
10%
10%
10%
10%
10%
10%
900
47
47%
2,400
47
46%
47 •/'. -
46%
47
9T
9i
92
92
60%
60
60
59%
60
100%
100
•
14%.
15%
117%
6%
100
400
12%
133
90%
50%
600
v
131%
14 %
-
*41
41%
58
131%
12%
116%
'
15 Ve
52%
52%
60
-
*94
<
133
46%
■
38%
40
90
100
300
22%
23
57
130
1,600
9%
87%
88%
*21%
'
*9
16%
22%
*87
22
...»
16'A
87 %•
88%
40
-
300
22%
19%
•
.
16%
■
*96
par
115
51%
52
;
46%
*90%
47
92
61
100
101%
61
100
100
15%
15
147/s
15%
15
115%
115%
*115
52
51%
52%
52%
52 7A
6%
6%
6%
6%
6%
24%
*90%
60
116
6%
6%
*100
100 J/2
117
15 Valie %
53
6%
3-100
91%
250
62%
1,900
100
200
15%
11,200
116%
220
53%
4,100
6%
9,400
16,100
24
26%
25%
25%
24%
26
247/b
26%
39%
39%
39%
39%
*39%
40%
39%
39%
39%
39%
500
12%
•
13%
12%
12%
12%
*12%
12%
12%
12%
1,900
24'%
24%
12%
24%
26
*25
27
"24
-
*24%
50%
'
"
47%
49 '
49%
49%
*101%
103%
101
No par
108%
108%
108%
108%
5
10%
10%
10'A
.No par
52%
10%
53%
-
103 V2
26
50%
103%
108%
10%
108%
10'A
53%
54%
■
49%
*103%
108
50%
*25%
49%
27
200
51
4(100
105
*104%' 106
108%
*108%
10%
10'A
54%
547/b
*10
54 %
200
111%
1,000
10%
1,200
557/b
14,500
54
52%
L..5
13
13%
12%
13%
13 Vs.
13%
13%
13'A
13Vb
13%
No par
24
24
24'
24'
23%
23%
24
24
24
24
16%
16%
16%
16%
17%
17%
17%
18
17%
17%
3
20
400
1,100
/
19%
101
Co
2,000
39
—__2Q
series |B_i
800
30%
14%
■'
A._No par
47%
30%
OCA
1
IhC—,.1.25
series
47% j
30%
22
par
Monarch: Machine TooL_^__.No par
Monsanto Chemical Co
com
5
47
30%
4
16
57'.
A-.——100
Mills—
Co
47
30 3
14%
*87
___10
series
Carpet
Hosiery
47%
52
*9
MiimrHoneywell Reguli com—
3
3.20% conv pfd series A
100
Minn
Min &
Mfg
No par
$4 preferred
No par
Mohawk
26
16
10%
com_'____Nd
26
14%
50%
_—
25%
22%
13
Mo-Kan-Texas: RR
25%
52
1
1
35
16%
5
!__No
*34"
14%
10
com
34%
52 34
—'
Impl
34%
15%
14%,
12%
Power
1,300
94
93
23%
com—No par
preferred
Mission Corp
Shares
32%
*23
*86
38%
Minneap & St Louis Ry———No par
Minn St P & SS M A'vtc—.No par
Moline
32 %
94
93
*36
Xl5%
$6.50
30%
*22 :!i
131%
Minn
*46%.
32%
share
*50%
No par
.*——5
pfd_100
preferred
47'A
30%
23'A
100
1st
26
*86
133
8 r.i
24%
38%
1.——;
Copper
27
Jan
__
24%
*36
.
_..Nopar
—
Prod
7
48
11
;
^^.50
Petroleum
11
Mar 16
Feb
49% May
110% May
$3.50
Midland
35
Dec
Sep
Merck, & Co
35
*22%
v.
Transp Co.—Ho par
Mid-Continent
38% Ffeb
129% Feb
70%
23%
Min
&
69% May
Dec
91 %
3%
Inc
Miami
114%
May
Merch
Co
19% May 27
Nov
91%
1
common..;
preferred^
Stores
104% May 25
Apr
8-
(The)
1st
conv
6
51 %
11% May
5%
11
Dec
32% May
Co
Mengel
Mercantile
Feb
Mai¬
18'A
;
4 % '/r
pfd (1st series).
100;
2nd pfd (2ncT series)50
4'/r
Melville Shoe Corp.—
*.
1
"34%
*93
$ per
'
10
Feb
45%
19'A
18
34 %
30%
22'A
19%
34%
32%
94
*46%
91
22'A
32%
*91%
24%
30%
90
32%
I per share
share
94
'A
47
30%
—No par
Mfg
13
80
46%
_1
Co
Norris
,94
44% Jun
STOCK
EXCHANGE
32%
32%
".91%
25'A
CLOSED
.
^
5
com„__18
Corp common—--*
McQuay
35%
25%
No par *-
Mar 10;
84%
3% May
Mines.
Robbins Inc
$4* preferred
McLellan-Stores' Co
Mead
*34:
Publishing-—No par
Porcupine
'36
156
6% May
28% Mar
McGraw-Hill
Jan
48%
Apr
10% May
,'
24
100
93
:—1
Electric. Co
McKesson &
32%
93
preferred
conv
Mclntyre
32 5A
1
com—
18%.Mar
Jun
47% May
62% May 15
3%'l
McGraw
Corp
111% Aug
,
29% May
-
J9% May 15
29
28:
47%
12% May
136%
27
50% Sep
12%-J&n
103%. Mar
Dec
.97%
14% Sep
Feb
65%
13 % May
Jan
19%, Jan
55% May*
McCrory Stores
$ per
$ per share
$ per share
t per share
Par
■;/
3,600
700
3,500
'
20
THE
(1376)
COMMERCIAL
Range for Previous
May
21 Va
193/4 May
27%
25
14% May
27%
102'/a
20% Jan
Oct
Feb
19
Mar 17
19
Oct
100% Mar 31
107% Mar
Apr
22
Feb
29% May 27
Motor
May 27
Motor
Wheel
Jun
Mueller
Brass
Mullins
Mfg
9
33% July
6
122
May
15%
Nov
11% Feb
16
Aug 31
14% Jun 10
Apr
40%
Feb
33% Feb
16
45
Jan
107% Jan
2
112
112
9%
Dec
167/s
Dec
12% Sep
21
Jan
44%
Feb
36
Oct
1
50%
Jun
56
Jun
43
50% Jan
23
14
19%
14% Mar 16
Feb
$7
(G
!
4%%
Jan
2
Jun
preferred
Murray Corp of America
4%
preferred
29
5
Myers
(F E)
21% Jun
25
29%
Feb
20
Feb
24
32 Va Sep
9
Nashville
Chatt
&
30
Jan
22% Sep
20
29
5
National
Acme
Co
16%
Jan
4% Sep
8% Feb
29
10% May 20
Dec
Feb
14
9V8 May
11
13 %
July
National
8
National
Automotive
16%
Feb
National
Aviation
34
Dec
10% Sep 27
Mar 18
17% Mar 22
Jan
29
45
8
National
Jan
34%
Feb
26% Feb
Battery
31 %
7
National
Biscuit
Jun
162% Oct
165
187
Dec
21 %
26%
Jun
Feb
20
20
1
Mar
9
13%
Feb
6% Sep
May
43 %
Dec
33% Feb
10
Dec
14%
Jan
Feb
77/a
6
Dec
15%
Oct
Sep 28
17%
Feb
10% Mar 15
26%
25
28
13% May
13
175% Jun
28
8 % May
33
38
Dec
Jan
July
Sep
23
7%
May 17
Nat
9% May 21
48
Jun
14 Va
Fibres
National
Can
Cash
National
Lines Inc
20%
Jan
14% Mar 17
21
May 21
National
Department
23%
Oct
18
Feb
28
22% May 21
National
Distillers
30% May
48 Va
Dec
37% Feb
11
52
96
36%
15
Sep
27
20% Jun
Feb
107
Dec
25% May
•87
Feb
25
96
29% Jan
23
38
Jun
Aug 19
177
Jun
7
165
Dec
190%
Sep
163
Dec
167
Jan
132
6%
Jan
Dec
8%
Jan
74% May
95
28'/a
U
Nov
21% May
Jan
12% May
88
11
21% Sep
28
18
27
Sep
2
25% July
6
2
17%
Feb
12
28
1
18%
Feb
13% Feb
16
107
Nov
Dec
•
::
100
July
38
Feb
106
26
35
13
87
Nov
Feb
1
Dec
108%
Jan
12% Jan
90% Mar
44%
Dec
38
22%
32%
Feb
Dec
102
Jun
.,16% Sep
Feb
26
79
3
99
13
Feb
,
New
8
28
90% Jun
11
18
Oct
20% Feb
32% May
46%
Feb
36
Feb
5
33% Aug 18
43% Jun
9
12
22%
Feb
12% Feb
11
18% July 12
50
Dec
39
Feb
10
92
137
Dec
121
Feb
11
144
May
18% May
80
May
11% May
20%
Feb
11% Mar
19
Apr
26
Aug
20
52
Dec
62%
Jan
9
49% Jan
230
Nov
...
290
Feb
Mar
200
3
19
Jan. 19
6 % Mar 29
15%
84%
Nov
25%
Sep
20% Feb
10
Dec
107
Mar
86% Jan
6
10% May
16
Sep
14% Feb
27
23% Apr
19
Jun
2
New
61
Jun.25
$5
255
Mar 18
14% Jun
96
Jun
Dec
23%
100% Aug
Nov
25%
81
Oct
Jan
Jun
21
4
20 Va Mar
88
25% Jun
21
15
33%
Dec
53%
Dec
64%
26
Dec
16%
Dec
.
6% May
•*•'0
33%
Jan
10%
Feo
62
25
Nov
17% July
36 Va Jan
55
Jan
56%
Aug 11
25% Sep 30
Aug 24
18
14% Mar
Feb
8
3
Jan
2
non-cum
<fe
Y
State
$3.75
28% Jan
13
17% Jun
Chemical
17
Adjustment
American
American
Dec
13% May 10
North
115%
Jan
82% Mar 10
93
Jun
11
Northern
3Ola
Nov
25% Feb
14
Northern
13% May
36% Jun
22%
reb
16% Feb
Dec
102%
Aug
22%
78
Aug 11
90
Mar 19
Ry
$3.60
preferred
9% Sep
20
17% Mar 20
33
21
45%
17% Sep
33% Jan
27% May 17
40 % Apr 24
Northwestern
7Ve May 21
14% Jun
9
Norwalk
Tire
&
Norwich
Pharmacal
6%
Dec
13%
Feb
Dec
12•
18%
Feb
.
3% Sep 20
10% Mar 18
preferred
Range for Previous
$ per share
27
Range since Jan. 1
Highest
$ per share
38
$ per share
27% Feb
I Va Sep
2
Va
Dec
111*3/,
Feb
'
Apr
35%
Dec
Dec
22
17% May
July
Dec
Feb
13%
118
16% Apr
22% Feb
92
Feb
107
May
26% Feb
Dec
27%
7% May
8
'
Mar
Feb
10
11
14
11
9
25
149%
Feb
89
Mar 16
Sep
28%
Feb
20
Jan
May
15%
24
33%
Feb
Oct
19 % May
163%
•
Jan
>28%
84
Aug
Nov
80
10
May
9% May
27
147
Jan
2
26
34% Jun
50%
Jun
16
131
43
18% Jan
17
Oklahoma Gas & Elec 4 %
36% July 13
Xl09% July 13
12 Va Apr 20
100
Jan
Jun
8%
37% Jun 23
July 19
23
Jan
19
19 Vs
*50
51%
400
153/8
9.800
'•48%
491/4
491/4
49%
50
50
15%
15
15%
15
15%
89%
90
89%
90
31
31%
315/S
31
31
165
163%
133
6%
163%
134
134
6%
22%
U
/;■'
21%
u
V
132%
*21%
21%
18%
*86%
22%
22%
22%
*22%
12%
9%
9%
11%
11%
*
15%
15%
*102%
104 Va
*102%
31 Va
31%
89
22
22%
11%
15%
-:
>
103
31%
■f:
94%
*92
10%
"V.
*12'/a
123/s
123/s
10
10
11 Va
11%
11
15%
15%
104%
*102%
*
*92
94%
*92
17
17
163/a
15%
80 %
82
13
23%
/.
17
*80
81%
250
,.T
*80
81%
30 Vu
*30
37
16 Va
16%
78 Va
13
139
12%
,
16
80
138
Va
16%
79
13
23%
2.300
138
13%
1.100
13%
23%
*19%
23%
56
*51
56
*51
56
*51
*220
250
*220
250
*220
250
11
10%
10%
10%
*20
11%
11%
*20
11%
23%
11
11%
33
90
90
17%
17%
18%
18%
*82%
83%
*82%
83
22
*21%
22
15%
*153/8
15%
15%
15%
25%
25%
*25 Va
25%
32%
'82%
82%
*21%
22
:
33
22
*59%
60%
26
*25%
25
153/a
15 Va
32 Va
89
89
*173/4
27
60
15%
15%
*25%
xl6 Vs
11
11 Va
10%
ll'/a"
11 Va
11%
11
83 %
83%
84
84 X
*83%
85%
30%
30
303 i
19%
20
19%
20
*80
X78%
80%»(
30
CO %
19%
20%
79
"
•"
30%.
79
22
59%
15%
600
15%
v
17.400
11 Va
17,000
85%
•'
30%
30%
30%
7.700
19%
20%
20 Va
20%
11,000
80%
80
v.
.
*
80
80
10%
10
10%
10;
10%
10 Va
10%
10
10 Va
17%
1734
17%
18
Va
18%
,18%
18 Va
19
37%
v
37%
36 Va
36%
37%
37%
*36%
37%
*4%
12
.
5
'
4%
12 Va
LOW
AND
-
HIGH
4%
4%
4 Va
50
4 %
*12 Va
12%
*12'/a
12 Va
700
-
500
PRICES
Wednesday
Thursday
$ per share
Friday
Sales
Sept. 30
Sept. 29
$ per share
1.600
*36%-. 37%
4%
12 Va
SALE
.Sept. 28
S per share
340
4,300
•
*4%
.
Tuesday
Sept. 27
.
12 Va
4%
12
12
/Monday
$ per there
20
30%
173/4
'
1.700
15%
107/a
*84
17%
'
•
200
26
10
" :'V
1,000
60
*25%
11%
80
1.700
83
22
85%
4,200
,
18
*82 Va
59%
'
33
89%
17%
26
*84
29 3 4
32%
*88
18%
59%
26
60
*25%
15%
31%
89%
*88
60%
'
3,300
31
90
59?4
*
2.600
56
250
400
25.500
79
137%
-
7.400
Z,
32%
15
80
30%
*35
16%
12%
2.200
.
37
*230
.
70
17
*51
22
.
16%
..
9,600
1,700
29%
137
*25%
i
10%
96
54%
•
36
80
136
15%
;
9%
54
*19
v
56
83%
^
17
20
94%
*93
54%
.
700
29%
79%
133/8
10%
96
54%"
700
,
37%'
16
135 Va
10%
*93
82
29%
78 %
135
13%
10%
96
X37 %
16%
77 Va
136
2,200
16
17
29%
11
30
53%
mi
38
10%
103
533/4
*93
79
2.400
16
10%
28 Va
10
30
Oct. 1
the Week
$ per share
$ per
89
Feb
27
July
51% July 20
73% Jan
Outboard
Outlet
2
Owens-Illinois
Glass
Amer
Fisheries
Coast
Co
43%
Jan
30% Mar 17
62%
Jan
47% Mar 16.
Feb
30
Jan
168
Feb
7
Feb
89 Va Feb
134
Jan
13
27
2
Feb
4% Feb
10
Oct
40% Sep
21
4%
Dec
7%
Feb
4% Feb
14%
May
18
Jan
55
Feb
July
Nov
13
8% Sep 28
13% Mar 16
46
5
Mar
109
Feb
92% Jan
12
Feb
6% Feb
11
9%
for
Shares
share
~ July
32%
footnotes
Jan
see
page
Sep
27
28
Jan
2
105
18% Feb
11
/1
54
15
15
55%
preferred
-
Motor
American
i.
Car.
&
1
—10
No par
Airways Corp
Petrol
100
May 27
Paraffine
8
4Vc
.
Cos
Inc
convertible
Paramount
15
*36
29%
9
9 Va
92
22%-
200
31 Va*'
4.800
31%
x30%
148%.
'147 %
31 Va
31
*
149
18%
;
*18
18%
86
*83
86
53%
52%
15%
*14%
14%
14%
500
*9%
10%
230
62
36%
36%
37
36%
18 Va
18%
iav8
18 Va
13%
33%
33%
51%
51%
51%
33
33
34%
93 %
93%
933/4
933/4
933/4
93%
93%
93%
136%
136%
*4%
43/a
4%
57%
7 •%
^.No par
21
—.100
*102
20%
137
*136
42%
58 Va
92%
33%
33%
4%
4%
93%
8
21
24.
V
4%
4%
43
43
4%
8%
15%
153/4
153i
*153/4
57%
57%
58%
58%
93
92 Va
92%
93
93
21
;
400
33%
1.700
34%
3,800
94
136
-
3,500
150
136%
100
*4%
43/a
4,400
43%
43%
1,900
434
4%
4%
4%
4%
21.700
8%
83/4
17,000
16%
16%
900
59
59%
4,500
'
8%
8
21
21%
103
*101%
213/s
1
"■52%1
34
93%
59%
8
220
■
51%
16%
21
18%
33%
■
44
15%
'
60
37%
'
'
93
.
*101%
%
43
138
57 Va
1
73/4
21 %
104
43/8
33%
83S
83/4
5,500
60 Va
51%
153/4
300
53
52%
15%
30
*
10
9 Va
32%
4%
18-
86
60%
*
9%
32%
*41%
149
.
603/8
*60
"
51
4134
147%
18
53%
32%
41
*
*83
V
51
4%
150
"
33%
xl37
1,400
"
*91
*21%
32%
43/8
9Va
91
51%
137%
200
21%
32 Va
4%
9,700
90
51 Va
*135
100
/
102 ■',>
102
21%
3334
x33 Vs
30
19.700
36 Va
18%
8 Va
1
9
173/4
64
9%
37%
'*18
15 3/4
Inc.
*14%
9%
183/8
;
52%
15
37%
2 Va
com,
Pictures
9%
29%
1013/4
32%
23
18%
54%
64
Transp—5
preferred
148%
.*83
29 Va
'100'/a
9
480
32
*17
17%
90 :!4
-31Va
86
*60
29%
9
33
*17
102 '
90%
18
53%
15%
37%
Panhandle East Pipe L com..No par
4%
preferred
—100
Panhandle Prod & Refining—
1
21
18
*83
•
32 Va
17%
*21%
149
18 Va
*18
Packard
21
*147%
148%
86
9 Va
22%
31
10 •
common..
non-cum
Pacific Tin Consolidated Corp
Pacific Western Oil Corp.
May 17
Jun
?
32%
*17
91
30 %
•
62
6%.
6
26% May 27
5
I
9
91
*21%
•
10
Pan
97
Inc
12.50
*83
17%
99%
31
148%
11,500
32 Va
32 Va
29 Va
30%
--*17%
•
1.200
A
94%
29 Va
62
Pan-American
11% Jun
-
!•'-
l-'I-v';
293/4
%
94%
99%
9%
2934
16
95%
27%
21 %
29%
16
94%
993/4
92%
29%
A
94%
28%
10
11% May 21
100
•
293/4
A
94%
A
95
1003/4
21%
,
31%
*17
29%
29%
%
*94%
No par
preferred
21% Jun
65 Va Jun
...
Pacific Lighting Corp—,—
No par
Pacific Mills „i——No par
Pacific Teiep & Teleg common—100
62% May 21
5% Mav 17
21
109
8
Mar 18
6% Apr
9
*91-
2.2.50
Pacific
55% July 13
44% July 23
104% Jun
7
147
29%
A
2nd preferred non-cum—No par
Finance Corp of Calif.:
10
Pacific Gas & Electric^—;
!
25
43% May 28
217/8 Jun .15
36% Jan
No pax
Co
1st
39%
6
100
Pacific
129%
100%
No par
Pacific
13
27
10o
A—100
Mi'g
Apr 13
.
30
Va
-
No par
L
&
May 27
73
29%
•
CID8ED
17 Va
Co
15% May 17
11% Feb
STOCK
EXCHANGE
21%
9
87/s
8'/B
21%
103
•
8 Va
21%
f
*101%
21%
21 Va
v
9
3%
21%
103
21%
''
„
-
v-
*92%
8'/a
93
8%
*21%
22
*101%
103
21%
21%
:
;
300
9%
i
103
54
*37
*12 Va ,12%
;
97
79
,
37%
900
31
17
29
223/4
.22%
15%
10%
16%
60
104%
95
.
7.300
*30%'
53%
98
;
ioo
19%
893/4
94%
*92
3.000
•22%
31%
30 %
2,000
18%
11 Va
•..
1,500
U
99
89
10 N
*15%
22
*21%
12%
10
94%
:
/"
■■■.;
130
1,200
n
99
18%
;
18%
440
v./;/
6%H:
21%
22%
18%
22%
12%
*21%
88
163%
u
x
70
3.500
.
134
*6
*99%
89
18%
87%
12%
1,800
31
*133
.
:
213/4
li
99
221/4
18
*87
30%
6 Va
U
183/4
10
6,600
24,900
90%
163
132%
6'/a
•
98%
*25%
.
1,600
15
31%
22%
u
98
21%
^
873/4
-
8,600
13
*88%
I 163%
163
6%
*21%
U
98
97%
22%
6
15 Va
90%
30 3/4
163%
134
*21 Va
%
15
-
*88%
163%
*131%
*6 Va
21%
98 % V
•
"
91
17 Va
common.
6S&- preferred
Marine
5
Jan
59%
For
16
10
12%
193/8
:
16
—10
15
Dec
28
15%
191/8
pfd—20
preferred
Oct
Dec
27%
16 Va
19%
3134
Collins
Otis Elevator
29
17
Corp
convertible
Oppenheim
46%
19%
28'/a
16
19Va
30'%
preferred
(The) common
27
96%
27%
16'/a
19%
95
common—
28
Jan
28 Va
16 Va
19
94%
convertible
Omnibus
17
83
Corp
4%%
5
23
Oliver
30
,5%
27%
19%
No par
9% Sep
Dec
13
49
.
13%
27
Co
Oil
60% Sep
34% Feb
90
13
28 %
*12%
15%
:—100
Sep
Dec
13
ie%
80
"2,200
13
27%
•
6%
10
16 %
54
2,700
3,500
10
*25%
——
Ohio
Feb
Jan
8%
*6%
6%•
,
400
6%
43
10
15%
8
—
15
Jan
21%
40%
63/4
221/s
6%
423/4
10
26%
preferred
Oct
3% May
63/4
9%
6%
43V4
16%
Sept. 25
Jun
154
17
—
4.40%
Feb
Dec
6 V2
42%
'
*21%
'
Rights
16
Nov
6%
9%
17%
rxxV: x'x";,'.
Saturday
Ohio Edison Co common.,
18
80
Dec
6%
,
9%
173/8
2.50
STOCK
19
25% May
10
*82 Va
Par
A Sep 23
103
Mar 17
15% Mar 20
13
YORK
Dec
x89%
22%
15%
No par
Co
Jan
x33%
22'/4
6%
4(3
29 Va
*88%
50
Rubber.
Jan
24
22%
23
13%
10%
EXCHANGE
Jan
93
68
50
23%
*22 %
*25%
25
—
I per share
21
92 % Jan
91
86
NEW
Highest
Jan
21
93
Lowest
*22%
23%
30%
O
Dec
18
•
380
6%
31
common—10
—
.STOCKS
.•;
Year 1947
Lowest
7,000
163V4
25
Telegraph
2
Northwest Airlines Inc
4.6%
30%
162'/a
6%
-*19
No par
Apr
25% Oct
Jan
30%
163%
6%
*230
—100
19% Aug
Jun
30%
163V4
423/4
*51
j'
200
303/4
6%
13%
1
1,300
1.400
41
165 %
43%
15%
-
10 S/8
11%
11%
*38 Va
30%
6%
77V4
H
10%
15.200
'163%
X42 %
136
Central Ry Co_—
50
Gas Co———10
Pacific
10%
12
39%
550
900
5%
30%
28%
-10
Aviation—.
5
164 %
37
X
4
Co—
10%
11%
12.900
31%
23
5
*38
17%
31
23
30 Vs
6%
*77
.
16%
31
163 %
16%
Natural
Northern
24
39
44%
10%
Northern States Pwr Co (Minn)—
Feb
11
27% Jun
12%
25
Ry com—
preferred
16%
23
43/4
10%
*11%
*37
16%
30%
23
30%
98
2.50
Co
North
100
163%
31%
——1
Western
&
Dec
79%
Industries
*10%
11%
39
11%
*37
53%
Corp—
preferred-—100
Nopco
Norfolk
10%
11%
*92
No par
Noma' Electric 'Corp—
11
10%
103/4
38
103
r
50
5
Jun
5%
Gas
&
No4blitt-Sparks
4%
15%
A——.—100
1
83%
11
Elec
5%
11%
No par
Co
22%
5%
5%
*97/a
No par
series
cumulative
25
11
RR
5%
16%
30%
22%
12%
preferred—,^-No par
Harlem
16%
30
22%
22%
—100
common
16%
29%
22%
18
NY Power & Light 3.90% pfd„100
NY Shipbldg Corp partic stock—1
10
2
—i
16%
29%
23
87%
1
Co_„
Brake
Dock
Preferred
N
80%
York
Y
N
17
19% Apr
Fibre
17
28%
*21%
I1
NY New Haven & Hart RR Co_100
9
39% July 12
52%
U
Pa com—lo
100
NY City Omnibus Corp
27'
*50
97%
York Central
No par
N Y Chic & St Louis Co com—100
6% preferred series A
100
6
52%
6' Va
New
July 12
July
*50%
21%
Elec System
Air
1,900
52
132
——25
preferred
York
70
13%
*50%
31
Newport News Ship & Dry Dock—1
New
600
108%
13
52
163%
(JJ) common—No par
preferred—
:_100
4VaVo
108 Va
13
*50
15
20
New Jersey Pr & Lt Co 4% pfd—100
Newmont Mining Corp—
10
Newport Industries, common—
1
Aug 17
July 12
26% May 21
110
36
*90
——_—No par
England
13
19
'—10
Co
3% %
'108%
13%
49
Newberry Co
12
64
17
Sep
24
May 15
98 % Jan
9% Oct
35% May
Dec
Jan
*
10
108
16
Corp
!
No par
Neisner Bros Inc common
;—1
4%% conv serial preferred—100
6
40
28
No par
Co
Vulcanized
Natl
May 17
104
x27 % Mar 12
Mar
Dec
Feb
19
Tea
*39%
12%
Nehi
9% Sep
Feb
Corp
National Supply (The)
4%%
preferred
National
391/4
36
93/4
Cast-No par
Sugar Ref Co
Natomas
19% Jan
Mar 16
Jan
39%
37%
ex-dist—__No par
94
40
26
*36
1
Lt
30% May 27
15% May 26
12% Jan 26
*39%
6%
—100
Corp
Power
&
1,000
40
40
6%
—100
Service
National Steel
National
4o0
123/4
26%
37%
23 %
—10
Steel
Natl
112%
*12%
43%
No par
common
&
16
10% Oct
17%
Jan
112%
12%
26
108
30
5
Malleable
14
Feb
x87%
'
101% July 12
25% Jan
5
Co
Linen
112%
*12%
"36
163%
No par
preferred B__
National
Natl
21% Sep
Jun
95%
1
6%
7
85% Feb
24%
11%
2
10
112%
12%
*13
10%
No par
Stores
Prod
preferred A
Sep
13%
98
7%
Lead
2,700
26%
112%
38
-IIsI;/-'.,/-I'1'
preferred
conv
Jan
Dec
28 %
'/a Apr
7% Feb
24% Jun
$4.50
National
29%
100
18% May
13% May
105
147
Mar 30
.81% Mar 10
Dec
23%
Mar
20% May
12% Dec
11
27
Sep 20
15% Feb
Jan
1%
If Dec
Sep
6
Apr
28
Va May 19
263/a
263/8
13 Va
10%
Enameling & Stamping—No par
National Gypsum Co com———1
10
Dec
136
15%
9
Jan
1,800
*11%
1073/4
38
Nat
25 %
193/4
112%
12%
5%
—1
Products
14% May
14% May
1,100
*19 Va
19%
*36
1
^
Co
17% May
23
500
19%
53
—10
Container
Sep
25%
19%
12
107%
16%
No par
Corp
Dairy
for
Shares
share
*25
38
*22%
10
Cylinder Gas Co
National
$ per
25%
20
19%
13%
28 %
CLOSED
._100
Corp
National
2
STOCK
EXCHANGE
5
National
Jun
25
*19%
19%
19
the Week
''36
_4
common-
2
32
20
18 Va
Sales
*50
1
Corp
Aug 23
24% Mar 17
;
Register;——No par
City
25%
*19%
Friday
Oct. J
S per share
108 Va
13
Inc—1
Co
Co
Share
National
17'
9% May 20
13% Jan
&
-
1
preferred
Bond
x253/b
19%
*11%
40%
*107%
**
100
I
:
10% May
1123/a
26
""
5
Louis
St
Airlines
27
112%
11%
*40
10
Corp
24
26 Va
112%
11%
,(
Thursday
Sept. 30
$ per share
;
May
Nash-Kelvinator
18 Va
25 3A
1123/8
No par
N
May
Jan
19%
26%
?
50
-
& Bros
:■
25%
20%
25%
100
com
$ per share
*25%
19%
PRICES
Sept. 29
19%
3 8%
1
SALE
Wednesday
25%
5
common-
HIGH
Sept. 28
■
t per share
—No par
l;
C)
19
8%
$ per share
common———1
21
May
Monday, October 4, 1948
Tuesday
Sept. 27
1
.
Inc
Murphy Co.
2
55Va Jan
Co
Corp
preferred
X.
/.
\
AND
Monday
Sept. 25
Corp
No par,
Corp———_5
Munsingwear
May 15
17
37%
Jan
Saturday
.
Products
23
10
Dec
CHRONICLE
LOW
STOCK
Par
24
35
107%
YORK
EXCHANGE
$ per share
19% Mar 17
16
Mar
NEW
Highest
$ per share
t per share
17a/4 May
17
Lowest
Highest
t per share
FINANCIAL
STOCKS
Range since Jan. 1
Year 1947
Lowest
&
250
6,000
800
'1
18.500
;
COMMERCIAL
THE
Number 4739
Volume 168
-
Badg© for Previous
Year 1947
Highest
Lowest
53 Va
Jan
Dec
2
34 Va Feb
Jan
4 V4
Sept
37
10
51
Mar 16
2
3
43
Jan
25% Sep
2 8 % May
34 Va
Feb
14Va
Feb
Dec
7
27
30% Jun
5
May
9
Feb
24
16% Jun
38'/a
Nov
29
Sep
28
37
483/a
Feb
38% Feo
27
16 Va
Oct
10
Sep
16
15 V* Feb
11
28 V4 Sep
10
Sept
38% May
t;
7'
Apr
24%
Feb
:2fi
Sep
36
Apr
XI07
Dec
117
Jan
18
Dec
22
15Va
Dec
26%
13% May
>
110
37% Sep
29
48
19
120
Dec
55 Va
101 Va
Feb
12
45% Jan
6
98% Sep
"7
5
6
Pet
Dec
99% Aug 27
13 V2
18
May
36 V*
47
49 Vat
97 V2
Dec
21%
Dec
Mar
59
27%
26
22 V4 Jan
4.3%
8
Phila
preference com.
—
—
Reading Coal & Iron_.
3
Mar
83% Mar 17
87% Jan
2
1
13% Sep
13
July
87 V* Jan
22
54% Jan
12
Feb
July
30% Feb
-• Feb
98% Apr
50% Mar
v;
63% July
Jun
i'.
18
12
30
Va
Dec
3 8 Va
Apr
99%
96 Va
*
s
108
163/4
May
88
Dec
; I8V4
•-
Jan
16
Aug
•32%
Apr
7
16
May
•
*
114
'
Apr
59V4 May
'•67
-
May
Sep
21
60
Vt
62%
*12
25
34% Jan
5
Pillsbury Mills Inc
common-
25
323'4
1
103% Jan
8
———No par
*1003/4
$4
preferred-..
13
Pitts C
10
Pitts
93-
36 Va July 15
Mar 16
23% Jun
11
$5
July 28
convertible
Pittsburgh Forgings Co——
14
Pitts Ft Wayne &
July 15
33 % Oct
1
39% Jun
7%
gtd
Pittsburgh
1
10
Jan
11
20
Jun
9
27
163
Sep
23
7%
preferred
28
94% May 14
5%
preferred class A
9
82% May 10
5%%
Oct
73% Feb
Sep
13
71 '/a Mar
26 V» Jun
Dec
15
Feb
13
Jan
145
Jan
9
161
2
24
July
1st
28% Jan 22
46% July 13
Pittston Co
Jan
9% May 10
12V4 July 28
33
Jan
6
70% May
Plymouth
Oct
29% Feb
14
,
46
Jun
4
147
35 v;
34%
12% Sep
27
16% May 20
Poor
12%
15 Va
Nov
12 % Jan
28
14'A July 12
11% May 18
Potomac
Feb
16
7
&
15
86
85%
77
*74'/4
77
20%
21
2IV4
20
♦145
: > 301/2
31
*10
11
46 Va
3 45%
5
40
-
44%
1
27
Feb
26 Va Sep
27
Nov
62 >/4 Feb
16
35'/4 May 21
9
71% Jan
Procter
323/4
Dec
57
May
1534 May
M
Jan
18
Feb
27'
283/8 May 25
Publicker
Mar 11
94
Apr
4%%
Inc
$4.75
26
Dec
102 Va
Feb
81
30 % May
38%
Jan
32% Jan
15
39% July
20% Sep
29
243/4 Jun
26
27
30% May 15
85%
e"l
51 % May
Feb
Va
Sep
40 Va Mar 17
29 Va
21 % May
Dec
X25 Va Feb
5
106%
Oct
109V4
Jan
101% Feb
13
24 Va
Dec
36 Va
Feb
X25
11
Mar
24%
Dec
20
Feb
53
Jan
42
Pub
$1.40
1
33
5%'
3
July 12
(The)
$ perthare
t per share
6 per share
33
11
77%
21%
21%
V
34
4*10
11
1-
46'A
92
1,800
11
471/4
46
42
,
33%
;
'•>10 •;
47
690
800
150
*145
33
-%r 33
^'42
-45%.
.
•3,400
*41
5,600
42%:
1,000
13
>12%
12%
12%
13'/4
,
700
13'/4
9,700
7
>71/4
71/4..,
27%
4,700
13V4
131/4
13V4
13%
7V4
13Va
.TVs
*25Va
7'/4
7%
26 Va
27 1'
27
65 3
8
65%
65
651/4
65
65V4
181/4
18%
18%
19
183/4
19
84
19
:
'
•25%
26%
65
65%
19Vt
.
'
300
19'/4
4,900
...
4,300
84 3/4
*85
86%
85
85
84%
85
84
36
36%
36 %
36 Vt
36%
36%
363/4
36%
363/4
363/4
5,800
21
21%
20%
211/4
203%
21Vs
20%
21
21
21
9,500
No
par
26
26%
26
26%
26%
26%
28%
26%
42%
411/4
26%
413/4
26%
41
41Vt
413/4
41%
41%
41%
41%
2,700
—No par
30%
31%
32
323/4
32Vt
331/4
32%
33 3/a
32%
33%
22,700
100
107%
107%
*107
108%
No par
273/4
com
common
preferred—
NEW YORK
_
*27%
28
22Va
*22
22
LOW
Saturday
STOCK
EXCHANGE
.V
Highest
*74'/a
22
*251/4
65%
18
88%
77
12%
7
STOCKS
Lowest
Highest
4,300
•
168
,
;
26%
651/4
Quaker State Oil Refining Corp„10
Range since Jan. 1
Year 1947
8 3/8
15 3/4 4
15 Va
*162
20
Purity Bakeries Corp_
25% May 25
8Va
-
5,300
"
No par
Colorado
com
preference
Range for Previous
Lowest
Gas
Inc
conv
8%
50
.
333/4
33%
88
42
71/4
26 Va
5
No par
of
Co
&
div
Oil
Pure
10
158 Va- 158 %
*145'.. 150
150
32
*10
46
13%
com—
148
10
8,600
-1,200
No par
El
Pullman
5
May 18
108'/4 Sep
Serv
Inc
*143
88
46V4
131/4
No par
preferred
cum
Service
Public
6
25
Industries
.
/,
*74Vt
12 3/4
13 Va
com
"
;
18
88
*21
■'■
77
42
10
Gamble—'
1,400
29%
168
12%
12%
preferred series A__50
conv
&
12
*85%
15'/4
-
42
12%
7
15
21 Va
145
"
33%
40
•
,18
34 Va
■
41
K
t 40
4"
11
12%
Co
800
'
// 29%
*162
-
88
21 Va
30%
":'*10
No par
Power
12
158
8'A
83/4
32 3/a
100%
115
*107
148
,
34
15 3/a
168
*741/4
.
150
*145
150
V
30
5
____i
i___
"X
34%
-
1
87
86
84%
i
B
Pressed Steel Car Co
Sep
43
7lVa
B'%
151/4
*162
168
I
Electric
34Va'
200
18%
*157
15V4
,
*162
168
*741/4
1
class
Co
♦143
159 Va
8%
X8'/4
15%
15
*162
(The)
Oil Co
150
*156
34%
14,700
29%
18 Vt
"
:
*144
159 Va
*
Oct
•'
18%
;
13'/4
'
293/4
30
30
v
•
'
par
Pond Creek Pocahontas—
24
•
*156%
8% V'" &'%
'
29%
18%
.100
Plough Inc
Dec
38
"87'.
87
-
prior pfd—100
conv
ser
*86
"
par
100
B—•
Pittsburgh & West Virginia—__'_10O
Pittsburgh Young & Ash pfd—100
7
Oct
19%
May
class
'
12
r
70
200
•
63
32%
115
12
159%
34V4
lo
Pittsburgh Screw & Bolt—-—No
Pittsburgh Steel Co com
No
35Va
Dec
Co——
Jan
Feb
8
11% May
9
Plate Glass
*107
12
is
148
♦143
•♦157
'_10o
61%
*993/4
; 115
29
100
-
12%
*12
32%
12
88
'87%
90
101
*107
147
18%
-171,4
1
Chic Ry corn—100
preferred-----'—.
32%
101
12
"
5,900
;
♦88%
13»/4
115
28%
50
34%
92
12%
.
•
63
61
*12
13V4
:
32 Va
'",18
8l'/a
"
100'/a
*351/4
4,500
*86
90
32%
-
9,200
333/4
123/4
63
290
183/4
i 81'/a
•
87%
*883/4
xlOOVa
29V4
28%
.1
" "
88
*85 V4
preferred—No par
♦86
•'
39
*88
*12%
,32%
■; 12
»
'
123/4
180
,
17%
92
89Vt
101%
*107
.
12%
12%
11<3
97
1043/4
38 Va
1
35 Va
87 Va
32%
115
♦107
—-100
RR
15
Apr
38
Apr
St Louis
&
Pitts Consolidation Coal Co——
169
•
C
Coke"& Chem Co com—No par
83
34%
*88
*100%
33
101%
500
38 v
Va
*12
13'/4
23%
110
62 3/4
63
3,200
*22%
17%
♦81
93 Va
110
22%
*943^
■
180
101
*103%
37%
7,
1,000
10,100
•
221/4
96
89V4
90
62
12%
Sep
10% Feb
*89 'A
12%
113
140
90
.—5
:_100
Hosiery
14 Vt
>
1934 May
-
*12
38%
17% May
10
*86
12%
12%
12%
*89 Yt
—No par
155
20%
87
87
89 /
*12%
1
16
200
•
*87
*15 Vt Jun
84%
10 % May
171
*88
11
93 Vt
•
Jan
93%
Phoenix
26
Oct
34%
*88
7
Feb
Dec
35 Va
*33 Va
14% May
Jan
15
81
34%
*81
34%
5
10
157
10 Vf Nov
81
83%
83
92
83
100
21
145
140
•'
37%
*100
■p
105
17%
17%
37%
:
preferred
Phillips Petroleum--*.
26
Feb
17%
37
33%
5%
Jan
42%
•
17%
36
92
14
12% Feb
17
3.60% series preferred
100
Phil'ips Jones Corp com new_i\o p«r
Aug
•
17%
36 3/4
51%
110
109V4
105
104Va
104%
.110
Jun
-
104%
53%
51%-
,
1,000
52 V2
52%
23%
*93%
36
92% Aug 31
77% Jun 15
84 Va May 12
Dec
169
203
8 % May
-
Oct
105
22%
23
97
*.93%
97
104 V,
101%
223/a
109V4
*109
1091/4
*93%
52%
1003/4
102
17 Va
1
3
—_„
preferred
4%
11% Feb
Dec
32%
Nov
110
Mar
102
•
Dec
165
163%
Dec
96 Va
Dec
10
Feb
common
97
♦104 V4
1
97% Jun
Corp
*109
110
*933/i
———100
preferred
&
109 V4
100
17 Va
52'/4
.
/
*51 Va
51%
3,000
*17
17V8
53
,
180
13 Va
12%
52
52 Va
200
101%
*101
12%
12%
*17
No par
10o
:-100
div
102%
♦101
12%
51%
12% Oct
•
102
12'a
17
6
•
101%
12 '/4
53
87
-
93
102 %
121/4
12'/4
12
51%
Feb
101
-
68,800
17
3%%: preferred series A—
Philip Morris & Co Ltd common
Jan
lOVa
26'A
52'/4
Philco
Dec
9:'/4
261/4
513/4
1
81
10
27
13%
17%
8
85
93'4
*26 Vt
14%
51%
9
Jan
10
27
17
Sep
109
400
9 3/4
*26%
*13%
12%
*100
102
102
%
14 Va
9%
263/8
51
3 7 '/a
Dec
*13'/4
120
9%
12%
9%
27
17%
45.% July
91
July
88
13V2
400
106 Va
*105
263/8
13%
Vt
233/a
$1
8
20% May 22
,
600
9
■
22
96%
51%
25 Va Mar 16
Sep 29
96%
17Va
Jan
Jan
96 Va
23%
preferred
81
*94%
23%
preferred—:
28
96 Va
*22%
4.4%
Nov
96
95
23%
3.8%
98 Va Mar
300
95
96%
*22%
9
433/4
311/4
105 »/4
105
22%
10
35%
31'A
22 Va
25% Sep
Dec
311/4
♦100%
103% Jun
Dec
♦30 »/4
22%
115% Jun
Jan
; ;
30%
101
28
85
106 %
30%
22 V4
26
25
21
*105 Vt
30%
22%
21
,
106 Va
*30
99%
Jan
19
*105V'4
303/4
223/g
Jan
Jan
105V4
99%
91
14
30,100
No par
104
Oct
19%
37%
—
Jan
16%
19
37%
51 %
common
Aug
10% May
10,400
19 Vs
x51%
Aug
Jun
17%
18%
*36%
17%
54
29 V2
111
17%
187/a
37%
17%
53%
109 V2
20
17%
181/4
37%
53 «/4
120 Va
103% Sep
17%
18 %
53
Dec
3,500
30
112
38 Va
17%
511/4
Dec
•
18%
*27%
*108
r
173/4
17V2
52
Co
1,000
'
*37Va
51Vt
Electric
4,500
11%
18%
18'%
'
300
46%
11%
32
112
,
700
30 Va
18 Va
18%
52 Va
Dec
23 Vs
111%
•108
Phila
104% May 15
24% Jun 14
5
21% Feb
Jan
May 19"
18Vt
*27Va
112
*108
'v.
1,000
45V4
■
111/4
—1
Inc—
Co
&
111
v>
32
*27%
32
*27%
*108
'
/
*30
4H5.V,
11
—No par
Co
Brewing
30Vt
1.
37%
13
Corp of America———5
(Chas)
12%
12%
7%
18 Va
18%
18
17
17%
Phelps-Dodge Corp...—25
Philadelphia Co 6% preferred——50
$6 preferred
—No par
July 13.
55
5.
95% Mar
109% Aug
Pfizer
59
13
Feb
50
Pfeiffer
20% May 15
64% July 12
11
7%
12%
10%
7%
12%
46%
10 Va
30
*26 Va
..100
preferred—;—
Petroleum
21
45%
10%
♦94%
common———No par
Co
4%%
May 19
17% Jun
2
Feb
40% Feb
Dec
104
11
14% Feb
Jan
48%
Apr
Dec
95
Oct
62 V2
Jun
37
9% Feb
Milk
45%
*30
Peoples Drug Stores
7
45 Va
*10
200
28
;a
7%
♦29%
29%
,
*27
a
4,900
105 Vt
24% Jan
2OV4 May
27 3
2,100
•
37 3/8
30% Jan
4
26V4
I?3*
28
Sep
29 3/4
112
17%
Inc—1—,—5
Peoples Gas Light & Coke—
100
Peoria & Eastern Ry Co.
—100
1__——33 %c
Pepsi-Cola Co-
9 Va
Jan
8% May
8
10 Va Feb
Feb
22
34
22
17
Sep
86% Feb
34 Va July
May
Apr
29
10 :/-•
17%
2'/4
26%
7%
12%
29
100
2V»
26 V4
27Vt
271/4'
Shares
41
*40
2%
253i
*
12-%
the Week
*PVa
t
*7
46'/<
*27%
-
Apr 22
,
♦108
:
*26%
Sales
I per share,
41
*39
.
2%
26
25%
7%
12%
10
7
Co—-
*2 1/4
-
29%
12%
Corp com—No par
preferred
•
21/4
25%-
12%
73%
45%
25 Va July 30
Nov
Jun
Feb
;
*29
——..100
Penn Power & Light Co„
No par
Pennsylvania RR
—1
—50
Pennsylvania Salt Mfg Co com—lo
3%% cohv series A pfd—100
6
81V*
Dec
Sand
Glass
5%
24
45%
May
Cement
Penn
7
14
20 % July
30
6
Penn-Dixie
Jan
CLOSED
1
—-No par
Corp———10
Coke
&
20 Va July 13
22 Va May
103
Coal
34% May
27
Sep
23
Penu
Ford—_
"A"
13
7 Vt
—_——No par
Penney ( J C) Co
20
Jan
22 V»
1
2
112
EXCHANGE
-
40
•
41
*39
27%
7'/4
15% Jan
17 V4 Sep
51%
*26%
49% Jun
16% Feb
118%
27V4
STOCK
2.50
Co___—
Proof
Transportation—No par
Mines & Enterprises—_5
Penick &
Feb
Dec
*26 Va
Rust
7
Jan
May
25 Va
Patino
18
Jan
8
38
V *38
4
2 Va
39
Parmelee
Apr
111
2V4
26%
Parker
May 17
■15 Va
8% May
32 V*
39
2V4
25%
1
___
Mines
Consolidated
Sept. 80
6 per share
f per share
for
Friday
Oct. 1
Thursday
Wednesday
Sept. 29
'
I per share
1
Park Utah
11
10**
Par
_
6 per share
6 per share
HIGH SALE PRICES
AND
Sept. 28
Sept. 27
Parke Davis & Co———No par
Park & Tilford Inc__—
2
11
_>
(1377)
Tuesday
Monday
Saturday
Sept. 25
.
'•
-V
May 21
V* May 17
6 V» Mar 16
CHRONICLE
LOW
STOCK
exchange
share
FINANCIAL
STOCKS
NEW YORK
•-
«
33% Jan
24% Feo
Dec
33 Va
$ per
# per share
I per share
I per share
Range since Jan* 1
Highest
Lowest
v
&
Sept. 25
Par
J per share
6 per share
*
*107
283/4
28%
22
*211/4
200
29
28 V*
23%
800
21
20%
203/4
500
21
Thursday
Friday
Sept. 30
•
Sept. 29
'
S per share
$ per share
108
*1071/4
*23%
22
12,000
108
*107
28%
PRICES
Wednesday
Sept. 28
Sept. 27
108 »/4
110
AND HIGH SALE
Tuesday
Monday
•
*84
Oct. 1
f per share
1 per share
8 per share
for
Sales
the Week
V
Shares
R
10%
Feb
77/s Feb
20
15
80%
Feb
633/* Feb
11
753/4 May 27
Jan
7 Va Feb
Jun
17
Radio Corp of America corn—No par
8TOCK
10%
70
10%
11
69
11%
70
69
llVa
15%
105 % Mar
91
27
Mar 31
1st
preferred—.
113/s May 19
Radio-Keith-Orpheum
98% Jun
4
Ralston
34% Jun
18
No par
1
j
3%%
Raybestos-Manhattan
pfd
Rayonier
;
Purina
Co
41
*
37
Nov
9Va-May
96
'
31'
163/4 Feb 20
27% July 12
36% Feb 24
45
Apr
27
4%
non-cum
1st preferred
39
*
Feb
July
48V2 July
I -
28
Sep' 30
22% Feb 20.
22 Va
Dec
33
Dec
38%
16% May
Feb
32
31
39
Jun
2
4%
non-cum
2nd
July
18%
Feb
108% Mar
Oct
Jam 28
Feb
16
x36
35-
July 28
May 17
$2
10% Feb
24
15% May 27
Jan
21
105% July 12
11% Feb
11
101
I6V4
Feb
Dec
14%
Nov
20% May
29%
Feb
17%
Feb
21V. Sep
10 Va Sep
84 V4
28
10%
Dec
j
Co
*32
50
37
18
May 21
Real
Silk
7%
9% July 19
14% Jan
7
28
25 V* May
21V
28
13% May 24
Bros
Inc
div
prior
Stores
Feb
;10 S/8 Sep
27
15 V. May 21
95% Jun
17
99
24%
Jan
33 Va
Oct
293/a Jan
7
Reo
9%
Jan
173/8 Sep
63/4 Feb
27
4% May
10
133/a May
8
Feb
30%
Feb
22% May
101%
Dec
6%
110
11%
Dec
19 %
39
Jun
May
-
Sep
4
Aug 24
2
51/4 May 20
6% Aug 27
223/a Feb 11
113/8 May 21
103
31% Jun
14
Jan
5
Feb
15% Feb
10
211/4 May 15
82% Feb
17
97
Feb
5% Feb
20
8
Jan
124
>.
3
Aug
Apr
24%
May
91
90
113 Yt May
Dec
14
,4
193/a Feb
Jan
92
27'
Mar 19
111% July 14
Oct
1
May 15
29% Apr
22
1043/4 Jan
5
Conv
pfd 3%%
Remington-Rand
$4.50
32%;,
32%
321/2
*32
24
24%
243/4
*32
24
23%
*42
35V2
Republic
102
*12%
13%
,
13
;.
;
44
44
1,800
10,500
95
40
.
283/4
700
32
2,200
32
.,
241/4
42,200
7%
32
24%
32%
24Vt
24%
/V,: 200
.
44'/8
*43
37
*36
36%
*36
36%
*12%
13%
*12V4
14
*12%
1,000
45
*36
133/4
*100
101 Va
13
131/2
-
♦100
13%
-
13V4
13%
100
102
102
102
*9%
10
*9%
9%
*9%
10
*9%
22
21V4
21%
21 Vt
21 Vt
211/4
211/4
10%
10%
10%
10%
10 Va
10 Va
10 Va
100
*59%
60
59%
59'/a
*57 Va
50c
.—25
Pictures
*9%
9%
*21%
5
10 3/a
11
10%
11%
*98
100
*98
100
17 Va
•
10%
*98
17%
1
17%
173/a
l
L
■'
200
300
.
•
•
13%
20
2,200
9Vt
9 3/a
9%
9%
9%
3
3
3 Va
3
7
6%
50c
common
3
173/4
*57%
59
11
10%
*93
99
400
10%
1,200
*57%
59
58'/a
10%
11
17%
9%
9 %
4,400
3
3
3
6%
6%
6%
4,400
1,200
7
6%
.
,
.
7
*6%
28%
27%
28%
28
28%
28 Va
28%
107 Va
>105 Vt
107%
>105
107 Va
*105Vt
107%
16%
16%
16%
17Va
18 Vt
18%
191/4
94
94
94
94
95
5V4%
preferred
—100
Drug Inc
Reynolds
5%%
—2.50
Metals Co
com
No par
convertible preferred—100
113/4 May 26
Reynolds
36 Va May
44Va
Feb
353/8 Apr
23
41V4 Jan
Reyonlds
(R
45
May
50 Va
85
Dec
46
6
50
Jan
8
85% Sep
23
94
Jun
1
Preferred
28
24% May 18
26
49
Jun
21
Richfield
Aug 11
28
Jun
15
Ritter
J)
Tob
21%
22
22 Vt
22 Ve
22
97%
97
98
97%
20%
99
7%
3.60%
series
3534
36
7%
35%
36
46
46%
46
46
81%
83%
81%
81%
1.100
V
28 3/s
*106
~
/
29
22,700
107 Va
19'A
19%
97
97
7,800
140
"
53/,
5%
5%
*7%
8V4
*93 Va
97%
215/a
98%
94
173/8
53/4
5%
10
class B
Common
Feb
*93 Va
5%
1
Spring
Dec
5%
.
10
28
2,200
9%
3 Va
27%
Rexall
17%
17%
9%
3
10
*105%
Steel
conv
15,000
17%
173/4
Corp com
No par
prior pfd series A—.100
6%
10
11
99
*93
99
Revere Copper & Brass com—No par
Republic
preferred—
9%
211/4
10%
*21
10 %>
6%
convertible
73/8 Sep
May
*100
131/4
283/4
*31 Va
32
10
$1
Feb
2
13%
'
*931/2
29 Va
..
11%
70%
r
*42
44Va
35Va
37
.
7%
95
.10
series—
Inc_
16%
104
32
102
common
preferred
Motors
May
9
28
31 a/4
13
Republic Aviation Corp
Feb
291/2
31
ll'/a
70%
7V4
No par
Jan
8%
29%
*99
preference
Corp
Aug
•66
♦931/2
30 V2
50c
5
7%
30%
"13%
Reliance Mfg Co common
17
15%
93 Va
93
94
♦70
11%
71
11%
- :
73/8.:
(Robt) & Co—
$1.25
Reliable
102
Dec
701/2
7%
30 Va
*13 V4
—
i
Dec
Dec
-
*28 Va
100
Hosiery- common
preferred
Reeves
Nov
3%
:
71/4...:%
30
44%"
040
12%
v'9%
*92
32%.
23%
preferred—50
96
...
50
,7Va
31
*28%
i.——25
common.
..
-
30
59 Va Sep
62 'Dec
t
No par
"
7%
94
*92
1
common
preferred
Reading
Reis
12 Va
Inc
CLOSED
"
7'4
'
May
11
100
EXCHANGE
ll5/a
69
;
'
$3.50
5%
5%
7,600
22
21 Vt
21%
•1,900
97%
97%
99
5%
230
*73/4
8'/«
7%
7%
73/4
900
36 Vt
363/4
36
36%
36 Va
36%
7,300
*46
47 Va
*46
47%
*82Vt
84
*821/4
84
73/4
*47
47%
55
82'/4
82Vt
500
"
Apr
13%. Jan
25%
Feb
18%
Dec
195/a Sep
151/2 Jan
23% May
31
Feb
21
19
■
5%
Sep
lOViMar
.
4 3/8
Sep 29
7V8 May 21
12
July 12
Rheem
Roan
119%
SHS
20%
Sep
24
ft
ror
a
At
^
—
footnotes
Nov
Robertshaw-Fulton
T& Oct'
V# C
1
k
P«ge
5
14
29% July 12
43/4%
8
22% Aug 30
Ronson
Mar 16
273/a May 27
Royal
153/a Mar
17
24.
Corp
j.
Antelope Copper Mines
&5/a Feb
Dec
i
Oil
Company
193/s Feb
18
19%
20
19%
19%
19%
19%
193/4
19%
20
20
1
1,300
No par
30%
32 Vt
31%
32 Vs
32
33
32%
32%
32%
34
23,200
No par
*21%
22 Va
*21%
23
22.
22
22%
22%
♦22V4
23
43/<
4%
4%
4%
43/a
434-;
9
9V4
9%
Manufacturing Co
conv
Controls
preferred
Art Metal Wks Inc
Typewriter
!
com
1
25
2
1
9
23%
*20
20%
4%
4%
9 Vt
4%
9Va
v
200
■' 4%
9%
9%
8%
93/8
241/4
23%
23 Va
23%
24 Vt.
24'/4
*24
25
211/4
20%
20%
*20%
21%
20%
20 %
21
21
20%
20 Va
20%
♦21
21 Va
203/4
21
21 Va
24
,.
7, *00
5,300
2,700
s
21%
300
1,100
22
THE
(1378)
COMMERCIAL
NEW
Range for Previous
Oct
54% Jan
Feb
12
Sep 28
39% Feb 24
55%
Jun
12 Vb
5'/a May
Jan
16% July
18
May
37 %
Dec
32% Feb
11
48% May 15
Dec
68%
Dec
67
Jan
2
139% May 28
Dec
60 Vz
Dec
58
Jan
29
Feb
13
13% May 27
Feb
18
91% May 20
9
Jun
12
Oct
•80
Dec
98% July
79
X20
Dec
26% July
108
Dec
7% May
114% Mar
17% Sep
.107% Sep
21
11% Feb
8% Feb
10
15
21% Jan
40 74
Dec
49 Vb
Jan
92
Dec
103%
Sep
90
Dec
102% July
88% Feb
Jan
13
83 %
Dec
98 Vz
23
•
9
7
15% Jun
87
28
'
12
; Apr
7
14
Seaboard
Seaboard
Oil Co
July
1974
Nov
15'A Feb
10
Dec
36% Feb
11'
59'/a May
Feb
July
16%
Feb
Mar 25
31% Feb
8
Jan
94
Feb
26
Dec
26Va Feb
11
31
2
Oct
30 •
11
17% Feb
11-
277'a Jun
78
Dec
82
Feb
2174
Feb
10
Dec
22
Feb
Feb
•
4
Mar
12
25
Aug
68
Dec
May
9
28% Feb
Dec
46% Jun
15
Feb
5% Mar 17
7% Jan
4% Feb
7% May 18
Jan
27% Feb
41
ft
1 5
36
Apr
51
Feb
35 Va Mar
13*
44
May
18%
Dec
15
11
Mar
117%
Dec
92% Feb
10
Oct
18
Feb
11
26% Sep
28
15
...ft
23
May
—-
29% May
87%
Dec
2474 Jun
3 5'/a Jun
.
3
81
Sep
9
90
Apr
Sep
29
98
July
19% Feb
5
26
Jun
147a Feb
11
23
Jun
Oct
30
104% Jun
42
Nov
Jan
54% Apr
.
Aug 23
57i Mar
39
5
4
17
45'/a Aug
7
57% Aug
56
Jan
36% Mar 17
37
"Mar 17
40%
Nov
*•
27
;■
22
'
t
14%
14%
14%
*14%
14'%
81
81
81
*80 %
81
21
*80%
22
54%
v.:
."
22'A
56%
South
Carolina
5%
6
E
56
56'A
17% ft.
17'A
•17'A-
17%
17%
43
43%
44%
45%
6 Vb
g
*•5%
•'•
38%
11%
674
;
ft?
36%
5%
98%
98
98
*97'/a
96%
2974
ft
29%
30
29%
30'%
39
39'A
-
39%
40%
39%
40'/a
207a
'21%
2074
21
2074
75
75
*73%
10%
10% "
*12%
3674
574
474
-2774
27%
28'/2
*32
com.120
21
7. 32%
33
;
84"
84
ft ":*',
*83
*91%
9274
1974
1974
*1974
20 74
1774
'
18'4
9874
pfd-_10o
987a
33A
3%
'
1774
28
85% ft ?
'92
?,i
*83
3274
91
f 974
20
1774
*:
9874
-.ft-:,".
ft_.
7%-ft?
774
50
*'43
T50
*54
ft ft. 7%
ft;
conv preferred-.
Southeastern
South
437a May 24
Greyhoun'd Lines—-5
*42
Com.No.par
*54%
55%
■
*54%
"127 -4
ft
12 74
ft?
;
39
39
pec
*36%
25% Mar 16
38%
307a July
8% preferred
i
25
Southern California Edison—_25
37
Jan
2874
23%
28%
2874
28%
29
28'/a
Feb
20% Feb
27
307a July 12
Southern Natural Gas Co_L__J
7.50
2674
2774
26%
2674
27%
50%
Dec
43 Vz Feb
2674
11
627a July
-9
Southern
Pacific
No par
55 Vb
56 %
55'A
56 74'ft'A ft"
56
57
May
50%
Jan
33% Feb
11
50 '/<#. Jun
23
Southern
Railway
41%
43% L
41%
43%
57 3%
May
77
Feb
58 % Feb
20
70
63%
63%
81
Aug
70
6374
*63
Nov
Mar 23
73
71
*70
71
15
____
9
,•
.
5%
July 12
Jan:
6
Highest
t per share
'■$ per share
15
May
Feb
2078
4% May
Lowest
May
73
Dec
93 %
23%
Sep
15
4
16% May
Jan
Mar 10!
26.
7-74 Jun
27
Oct
73,
307a Jun
$5.50 preferred
2 '•
18
Sperry Corp
Feb
77a Mar 16
14
May 15
90%
Feb
61'/« Mar 17
74
May 14.
Feb
15% Feb
237a May 15
Square
27
45 Vz
Jan
21% Aug 19
96 % Sep 20
29 % Jan
1
Squibb (E R) & Sons
Nov
99
Nov
23%
Dec
83
Dec
17% May
81
89
.17%
Feb
112%
16
104
Jan
Conv
$4
29
Jan
22
Sep
27
29
Jun
3
82
.Feb
11.
91% Jun
10
367a
JSn
19% Feb 27
May,
1143%
Feb
86
Feb
%
May
115 % Jun
25
5
.
$6
prior
—...q
May
125
Feb
503% Mar
63
July
54%-Jan -27
73
jun 45
37 %
44% July
367a Feb
13
53
Jun
16
Standard
63
Mar
80
69% Feb
11
927a Jun "15
247a Feb
27
35
23% Jan
94
Dec
107a May
41%
July
317a Aug
105
Feb
11% Feb
10
15'/4 May 21
Feb
38
Feb
11.
43% May 11-
Oct
37
Feb
16
41:% May 26
11% Mar
49
May
12
May
"18
Jan
419
Jan
Dec
Dec
:
-88
Feb
36%
Oct
27
13% May
-19%
Feb
12 Va Feb
1474 May
247a
Oct
Jun
10 Vz May
16
May
Mar
Feb
1174 Jan
Feb
25%
■
/'•
.
*
15 %
Fe b
x7% Sep
109%
Apr
94
May
75% Mar
125
Oct
Dec
Jan
12%
Sep
327a May
'45%
-8% May
17% May
Jan
13
36
May
May
24%
Jan
Oct
•
30%
Jun
37%
Jan
20%
Dec
27%
Jan
28%
Feb
1874
Dec
797a
Dec
57a May
10
May
104 % Mar
10%
T4
Feb
Mar
77a
13% May
5%
17% Feb
27
80% Apr 21.
47i Mar 12
9% Mar 16
3% Feb
& Co Jnc—
Stone & Webster
Sun
"7
May 25 '
.
9
Jun
17
Superior
Oil
197a Jun
9
Superior
Steel
44 % Jun' 14
,
Sutherland
of
.'2774
974
T *68%.
:
is
'.V
10
*68'/a
:
-
22
227a
22
97
97
1027a
104%
106
22%
83%
106
400
7,600
9" 8
6,600
'
ft
974
70
■
-
50
1,500
'
70
150
177a
17%
1.200
22.74
97
97
22 %
r8434
>
•
28'A
22
9674
9774
22
83
•
2374
223/4 ft'23%
94
: 9774
v
>
2,400
5'A
"277«
70
21%
,,
9774
-800
5%
>•
5%
*237a
„
10%
■v
1674
*5
for
Shares
67%
*17% 11774%
23%
the Week
*64
•-
'28
•974
70
Sales
*16
237a
277a
is
*2274
23
92
22
..04
62%
427a
163%
41.%
'63
;
42%
737a.
7474
27
94
26'/a
ft
2274
1,100
97%
9774
22%
4 2274
•83V4 '
8274
2174
*97
106%
106%
6274
63%
6274
42%
•43T74
42 Va
10674
9774
360
2274
13,200
84
340
2174
3,900
100
62% ' 63%
-442%
7474
•-•74.7a'-
;•
1374
40
40
*38
*13%
.•
33
*91
71374
41
"7*38
43
7474
15%
1,000
•'
*
106%" 107"%
1,900
75'/*.
€4%
7,200
'
43%
75 Va
'2674
26%
27%
91%
91%
90%
91
133/«
137*
1374
11,500
7674
267a
33%
137a
-t
93
-•
•
38
39%
1374
34-;
13%
>33%
'.'ft.
94
13%
39%
*91
33%
.94.;
'
2674'
41
*40-
-
13%
■<:
13 3A
1374
13s/a
*92
94
*40
-
26%
2674
r*9l
34
*91
277a ;
28%,.
v-; 27%
13%'
.'•12%
19
1274
V
1374
V
,
'
-
93
•
*40
*38
41
ft
39
*38
)
14
34'/*
34%
*91
'
*•40"
-
1374
Swift
&
8
Swift
26
Jun
3
$4
57,000
'
9,400
ft ■'
;
41
•r'
400
2,100
100
40
*1374
1'4%
500
34'A
3474
2,600
*91
93
Telautograph
93
^
Jun
May
8
Texas
Gulf
Texas
Gulf
19% Sep 20
23% Sep
Texas
Pacific Coal &
Texas
1574
Jan
Pacific Land
3474
Dec
29
41
Jan
5874
Feb
45% Feb
5
Texas
137a
Dec
48% May 13
657i May 24
15%
Dtec
11
Mar 11
Dec
207s May 24
Textrbn
18%
Corp
•
"■
,
95
28 V*
1274
13
12
11%
12
1574
1574-
1574
1,000
15%
,1574
3.2Q0
19,300
15%
15 VB
22%
227a
227a% 23
77a
'77a
8
95
*92
95
67
67
67
67
*116
1*8
*116
118
3
•
*15'/a
'.
8
*92
119
;
95
; 67
77a
5,900
28%
13'A
12
1574
16%
.
1574
;ft;.
\28%
13
12%
16
15%
1574
1574
*92
..
•
22%
2,100
r
' 23
8
8
*92
95
-67
67
118
118
3,700
.
conv
*116 "
207a
387a
9%
97 a
253%
175
147 8
46
974
12
12%
*1774
■18
2,700
2,100
30
12%
18,000
18
2074
2074
20'/a
2074
20 34
3"8'%
3874
38%
3874
-3874
*9%
974
9%
974
*93A
26
263/a
200
2174
38%
9%
-
26%
178 - 178.
1474
15%
'-39 7a
*176
26%
265/a
*175
182
3974
x27
277a
,
157a
•157a
*15%
39 3A
39 'A
181
180
*15%
16%
39'A
4,800,
1,300
10
2,000
!
•27%
5,700
•
180
400
1-6'A
1,200
39
1.000
*974
10%
*39'A
*9%
.10%
974
974
300
2974
2974
2'974
29%
974
2974
9%
•2974
974
2974
2974
12,500
13%*
13%
13%
22 Vb
13%
13%
13 Vb
13%
4.900
21%
217a
21 Vb
21%
8,300
82
81%
81%
81
83
574
574
13%
207a
22
81
2174
*81
-.
57a
57a
*4'A
10% v.
*10 Va
474
82
21%
*81'/a
-
574
574
10%
*10'/8
574
4%
*4
4%
10%
*10'/a
474
39
574
16
15%
16
53 Vz
5474
5474
17%
1874
19
55% ft
19 '/a
62
61'A
61%
61%
62 %
21
2074
21
21
21 %
41
42
4174
*52
53
53
12%
17 Vb
17%
16
53%
5474
_1
18
1874
par
6174
20'/a
ft
•
10%
10%
4
ft
15 74
16
1
new
*1774
2074
29% '30
14
137'a
574
18'A
38'A
1574
81
•12'A
;."38
/ 97a
26%
21 Vb
1-2
12%
*1774
18
20%
.
176
.'40;
12%
ft-'
180
574
3,000
4
474
10%
4
200
'
600
"
16-
-
16
54%
1874
*15%
16
1,200
54 %
55%
18 Vz
*
.
55%
15,500
1874
19%
6,500
62%
64
63
64'/a
6,400
20%
20%
2074
2274
12,500
42%
40%
41%
4074
42%
6,800
53
54
54
12%
1-274
12%
12%
1274-
17%
17
17
ft
Trust—
ctfs
Pacific Ry
Inc
1974
38%
10
—
share
;
10%
—.5
Producing..
Sulphur
.i_—_No
Oil
'v 67
"67'A
25
-
Co
$1.25
•
G7%
5
71 % July 12
May 22
8%
8
*92
9
25 Vz
&
13
'
.
67
Sub
1
Corp
14
24
C0m__N0 par
(James)
27
3
2774
-27 74-
'
1174
;
,-v21% ;22%
18
Corp
T
■
Texas
15%
;23
,22
'
•
"v.: T*l7a
No par
Gould
)lt
15
15%
''•15%
18
25
preferred-
Symington
16
12
4.I62/3
!•_.
Co.—
Sylvania Elec Prod Ine
•
15%
:
119
International
Aug 13
77a May 18
27%
13
11%.;
•12%
11%
18
25
Sweets Co of America (The)
27
91
7
-,277a
13
-
H5/b
...w_10
Jan
13
'23
Friday
;■
•67'/a
■
20%
207 a
♦T'16%
i__25
167a Jan
Tennessee
24.
*64
277a
ft
,237s
•T: 97%
66'/2
23
1774
1
Paper Co..
17% Feb
page
237a
1774
,100
___L__50
47
see
500
71
-
per share
5%
227 a
40
;-._25
California.^
Corp
52% Feb
Pot footnotes
6,500
i
"
•
No par
367a Jan
197a May 27
4
70
>
Oct. I
5-%
8774
13%
.-—-.-No par
22
147a Mar 16
Aug
12,300
4374
'
Talcott Inc
17
1,800
10,300
63 Vz
■
16%
''5%
22%
26
1
common
587a NOV
Dec
66Va'
ft
■
*16
5
5%
85%
*91
^_1
Sunshine Biscuits Inc
^—.13.50
Sunshine Mining Co_.-_
;j.
10c
Superheater Co (The)—
No par
July 13
28'/4 Jun
Corp
common
Jan
197a
68%
-
5
*5%
87%
73%
^
No par
1
....
117a Mar 31
235
1
20
Class A 4%% pfd
Sunray Oil Corp common
4%%
preferred series A
4 % %
preferred series B
July 1
157a May 24
43
Chemical
117, May 21
55/a Jun 28
Feb <1'0
v.-.
16 %
'5
ft
:i
$4.50 series A preferred
Sun Oil Co
9
11
Feb
100
ft?
58
43
63%
•
;ft:
'
5
common
Corp (The)..
467a May
10'/a
5674
•
f per share
223%
62%
,-15
Corp
Aug
687a July
24
Dec
5374. Sep
:
■
97
41%
»__5
prior preferred.;
Studebaker
120
1
97s Sep 30
29% Sep 27
13 % Oct
1
(J F)
11'/a Jan
11
Jan
20 Vb
1
70 % Jun
11
Feb
37a May
8
98%.
Mar 12
Oct
Jan"
21
38
21%
Stokley-Van Camp Inc
18% July
1
Feb
Jan
Stevens
26 Vz Jun
13% Feb
•
.
28
Sept. 30
97 •'
1027a
100
Stewart-Warner
19% Sep 27
3474 Mar
2
14
36'A
2874
r
Thursday
:
16
474
5%
•ft
22%
-
23%
92
1
common..
2>
9
140
„No par
preferred
29'% Jun 45
20
Dec
14%
3%%
Jan
21~% Jun
9% Mar
Sterling Drug Inc
'
.,?> 1,200
ft
*36%
.
:ftftv
r
22
-,
1
Inc
Stores
71
87%
-
•;
preferred—_-,._50
20
'6
24% Feb
'47
Mar
160
<
Bros
43%.
6374
"...
$ per share
.
'697a :,;6974
70 ft;.:-
1774
*2274
•
26% '"2774
9%
97a
974
(.
17
100
Starrett Co (The) L S—
Sterchi
7
9
137a Mar
101%
>'
97a
; 70
25
common
23 Vb
277 a
267a
V
*66%
V
23 Vz
"
Mar 17
Sep
convertible
18
50'/2 Mar 19,
113% Jan 31
.? 9% Feb 11
18
4%
167a May 26'
16% Mar 16
July
,
CLOSED
conlmon—10
Steel Spring
57:/a
43
63 74
40
2774
567a
*70
71
Wednesday
'16%
474
*5%
68 % 1
'."22%:
:
Jersey__^__25
36"'% May 21
'
51
77a
9
Jan
8
New
Indiawa..
preferred series A
Standard
*70
;
1,700
*28 %'
ft
-
200
1274
"
11
17
JUn-
97
of
Oil bf Ohio
374%.
May 21.
39 'A Jun
10
2174
105
114
15 %
107a Sep 20
15 % Sep 24
■■■.A
10% May
6
32% Mar 12
104% Mar
30% Nov
19%
11
Oil
Standard
14
17%
'47
88
Jun
9774 Jun
of
Standard
1
Oil
16
5
5%
*66%
>
90% Oct
Jun
34
27
Jan
37
•
STOCK
EXCHANGE
67 prior preferred
No par
Standard Oil of Califor«fa__JNo par
May
97% Feb
*
2774
sept. 2b
$ per share
V
474
5%
No par
com
No-par
& E Co $4 pref-_No par
preferred
..-No par
Standard G
'-?/■
Sept. 28
16
16
1
common
Inc
64
*63
Tuesday
Sept. H
t per share
share
_No par
Brands
$3.50 preferred
25
106
t per
preferred-.__._No par
Co
preferred
Standard
*
15
Jun
27 74
11
$4.50
D
43 74
;
2874
27%
ft?:;
?ft
43
3874
3314
'——'I.
5574
12%
40
ft
•
*3674
,
??:; 3,100
46
55
•
-
Monday
-
Spiegel Inc common.;.—— __.-„2
2
Aug
37 Vz
102
NO par
(The)___
1874
May
.4$
38%
1,100
?
LOW AND HIGH SALE PRICES
ft? Par
j.__
Dec
8
-
*3674
;
•
Saturday
Spencer-Kellogg & Sons_^__.—-_^_1
13% May
68%
*70
•
*
:
37
39,100
500
7%
:f
300
•
774
•-
*42
40
"
Sept. 25
'ft
ft*
"
Spalding (AG) & Bros Inc
.J—I
Sparks Withington__i—No par
Spear & Co common—..
1
25
Jan>»5:
297a Jan
•'
•ft.
8% May 27
Aug 25
223/4 Sep 27
20% Feb 20
>
STOCK
exchange
2074 May 20
Feb
63
Jan
2474
)
6% Sep
31% July
14%
STOCKS
NEW YORK
;
t per share
tptr share
7% Feb
8
;
ft
Highest
u
common__No.par
preferred
100
non-cum
•
Range since Jan. 1
1
Co
Mobile & Ohio stock tr ctfs___ 100
Range for Previous
•
3974
'29 'A
ft.--"
1874
99
374
•12%
34%
Year 1947
1774
ft 99
55%
*12%
39''A
39
39
;
300
:
;ftft *3%
45
55%
42%
Lowest
ft
1*1274
Dec
68
:
374ft'
12%
'
Porto Rico Sugaf
700
10
*43
July
34% Apr
42'/a Jan
ft ft;.
>
20
-
774
ft
3174
-:••:
*19%
774
46
>•».•. i,2do
ft
360
*54%
*43 e
21:
85%
55 Vz
46
1,800
9274
46
1274 •?
12%
42,500
28%
■
5%%
t
-400
;>ft.
:•-'«
20
*19%
:• :-
25'%
115
31%
18
T74
2,500
2,100
•
•
?9174
i
9874
7 74 ft,V ?'.??" 77a
36'%
*82'/4
'
conr_4.50
2,700
.
21
,
32
85 %
PP/a
374
10,800
914 .,;??■-
91
9874
3'7«
ft
1,600
28%
7
j
18%
374
28
,
32
3,400
29%
HO
? ?
987a
*97»/a
374
3%
21 ?
23
4,700
4,000
.ft, ft
4%
24%
•
*
21
.28
*83
*
2474
10
ft
6
36%
110
>
.
*32
ft
,
18%
*97
'
243/a
110
ft.
ft
37%
29%
•37%
4,600
ft
4%
-
29
.
,
100
13
*5%
•
700
•
10%
36%
;
45/a
*36 Vz
24% ft
21
x27%
32%
85%
92
21-.
37
:
76
*12'%-
,.574
2874
37% ?;
2474
•"
•
2774 :f.:?
26%
-
29
7
10'%
•
,
13% '
36%
7
:
*73
1074
:5%
"4Vz
.
107%- 10974
••
92
100
Platinum
preferred
■
4%
v
*36%
107%
*2074
? '
'6
,6
•
2474
106
2774
76
*12%
3 7'/a
'4%
24
•ft',;
V
13%
"ft
21
.
10%
*
36%
474
21 Vz
500
11%
,
13% '
:
•
.11%
10%
*36%
203 4
23,500
11%
•
■7ft
27%
108'A
-
,
200
39%
11%
11%
5%
V
28%
105
63%
38%
*6%
v,76 74
36'A
474
28
*6
*2,200
.
11%
*96%
;
21
5%
474
7
1,600
-
.
39%
11%
3874 ?:
1074
*12 74
36
■6% -ft:
3874
ll: ...ft?
2974
9S74
*73
1374
■
*
11%
2974
1074
*13
-•
1.400
11'%
ft v.;
20 Vz
76'A
10%
574
-
11%
*674
.
38
21%
*73
674
39
-
11%
1174i
ft.;?: 29
3074"
38
-
57
'
ft
'
ft
38%
*574
>
'1174
674
"
6 V2
'.
6%
38'A
37%.
11 Vb
ft
56%
40
Vvftivft 7,600
;23%'
43
20%
gGo
22%
ft"
,
42%
21
;
'ft-*.
1,200
8.1
17%
10
&
2274
30
14'/a
*80,'%
56 : -
Iron. —.—20
&
14%
4
1774
30
15
Amer Gold
89 3
43
2474
—•______:
22%
89'%
89%
55%
3774
preferred
47
*88
1774
2374
1
'?.
23 Va
46
89%
43
,
,
3774
.
Solvay American Corp 4%
:'8
37% May
«
14 %
NO par
South
5
16% Jan
12
89%
*96%
Socony Vacuum Oil Co Inc_'_—1__15
,
8% July 28'
Feb
Jan
89%
98%
preferred
:
,_100
Smith'& Corona Typ£writers_No par
May 17
Aug IT
22 3%
1,500
46
*88
89%
No par
No par
3%%
9'
Jun
52
147a May
47%
45
89 Va
11%
4.20%
14
37a
Feb
5%
-'8%
Co
SmithT A) & 80ms Carpet Co
16
May
"5%
15,800
17%
5
/Smith (AO) Corp
9
98 74 Sep
*3%
—1
277a
46%
1174
15
Sloss-Sheffield Steel
19
Jan
.5'
i
Corp of America
27%
*89%
3774
ft-
_
King Coalition Mines.
2778
45
Tl'/a
•
-No par
.1
Co
Corp
Skeily Oil Co ;
39% Jnn 18
17'% "Dec
35%
Dec
133/4 Mar
Pen
i'tVz
*87%
Simonds Saw & Steel
14
91
23 %
'
.No par
G)i___'
7,300
89%
*96 74
.No par
147a
27%
82
6% I.
.No par
1
__
360
xl4%
27
15%
'89%
'
7,300'
•:
27
45
21%
18%
110
;
■>87%
Sinclair Oil
,
Jun 21
160
30% Mar 17
39% 'Get'
102'% JUn
Silver
Simmons
32'A Jun 21
65
(Frank
Sheraton
May 15
Jan
8
39
Feb
Gas
17%
110
15
14%
37%
■
•;
110%
110-
15
*89%
'56
*11 :
1
18
87%
43
,.
.
-1
_
13
110
*87%
10,400
.V
;
14%
~
14'
14
f
,
,
.
5
.
-
70
10%
17%
■
.
5
_
common
(W A)
Shell Union Oil
5
Feb
ft-v
pref series A.i .No par
conv
1
■:■'v
18
110%
-60
10'%
42
„
/.ft
No par
_.__L
Corp
Sheaffer
9'/a
27 % May
$3.50
Shattuck
674
\
&
Steel
2
13 Va Jun
11
Sharon
Oil
Sharp '& Dohme
•
Apr 21
15% Jan
35%
6% May
Apr
Shamrock
10
Co.
&
$4.50 preferred
,
4474 July 15
Jan'
11%
4
Jan
36% Jun
40%
14%
24 y4
104
1
3374
Feb
No par
87 %
89%
•Vv-'r55
.1
_
_
-.——l.
Roebuck
■
87%.
3,300
91
10%*
89%
-
20%
100
SerVel Inc-common
0% Mar 16
70
_
Del
1474 Jun
Feb
May
-
*89
10%
14,300
•
117
92
87%
17%'
HOVa
14
2,600
42%
42
*114
:
:
14%
26%
44%
*69
ft
500
"260
»
12%
49
13%
v
'ft
43%
117
for
Shares
6074
'v
48%
10%
*87%.:
110
.14%
6074*12
v'
13% ft
42%
>114%
93
10%
60%
'13%
V
ft? 116%
*90
17%
110
27%
44%
par
_No-par
c_
A
Refrigerator Co
Seiberling Rubber Co
16%
24% May
of
Seagrave Corp
July 26
26%
1.75
t
v
Sears
10 74 May
•3074
com
series
Seeger
Feb
110
Air Line
preferred
12% July 12
8'A May 15
16'A
Apr
5%
42'A May 18
6% Dec
Dec
Seaboard
•
5
10'/a Apr 29
5% Mar 17
18
6
20 Va Jun
43'A
10%
15%
pfd_-
Finance Co
6
26 %
91
? 17%
17%
110 %
14%
■>80-
62% Jun
5
17%
110%
.100
11
115
10%
__100
—•___
19
115 •>;
91
87%
14%
Feb
43
115
10%
■>87%
1374 Feb
13%
42%
*60
Sales
the Week
$ per share
49
13%
87%
■>89%
preferred
12
49
61%
13%
10%
(The )common__5
Co
12
"48%
87%
100
44
40 74
20%
3.35%
Elec
92%
No par
Feb
Dec
Oct
101
ScrRntdn
24
12%
48%
41%'' "42%
114-..
■>89
____5
$3.40 preferred
Mfg Co 3.65%
*12 ft.;.
10%
Paper Co common_.:_:._No
Feb1
•
5% May
11
'
Jan
61%
12
87%
.
55
30>/a May
■y
Scott
42%
114
Friday
Oct. I ;
S per share
63
'48%
_}00
;
May 27
•41%
CLOSED
Thursday
Sept. 30
$ per share
13%
-ft?
a
Sept. 29
47%'
5
;
Arms
Scovill
14
PRICES
Wednesday
___5
common
preferred
EXCHANGE
100
Corp___
Schenley Distillers Corp.:
Mar
17%
•v
5
Sep
5%
Savage
13%
__100
pfd 4.40',^ series A_J
Safeway Stores common.:
2474
flVi May
39% May
a
81
Mar
Paper Co
,12
48
STOCK
t c__1100
v
Ry Co
95
13
13'
13% Feb
18 Vb
5%
A
preferred
93% Apr
39% Mar 10
Nov
Regis
t c__No par
v
51
25% Mar
13 74
series
non-ctlm
■>61%
12%
''47%
SALE
v
:
S per share
61%.
012 %
HIGH
Sept. 28
t per share
'61%
AND
Tuesday
„
v
1
1st
16
'* per share
10
•_
35% May 21
Jan
Sep
St
15% Aug 24
55%
90
-_
Southwestern
Louis
5%
2
Jun
113
Lead
Preferred
St
16
Jun
101
23 % May
?
Joseph
St L-San F Ry Co com
6
57
8
LOW
Sept; 27
("The)__r________No par
i__
ft__5
Co
Monday., October 4, 1948,
-
Monday
Sept.,25
(Jacob)
Ruppert
St
9
61% Jun
'66
■
Ruberoid
May 28
18% Jan '6
CHRONICLE
RECORD
Saturday
Par
72
11
8% Feb
Jan
STOCK
STOCK
*$ per shafe
22
68%
26%
YORK
FINANCIAL
...
EXCHANGE
Highest
$ per share
'$ per share
42 % May
17 % Dec
40
Lowest
Highest
T per share
NEW YORK
Range since Jun. 1
Year 1947
"Lowest
STOCKS
t
&
Co....
common.
preferred
...
40'/a
4174
100
52
52
50c
12
1274
No par
17
17"
12
12'A
*17
17%
..
*17
*53
55
300
6,900
800
COMMERCIAL
THE
Number 4739
168
Volume
Range for Previous
&
A
i
STOCK
YORK
NEW
Saturday
Sept. 25
•
*
12%
21%
May
6%
10
.
7
Oct '
14% Jan
46% Jan
Feb
Sep
14
Feb
7
Sep
29
13% Apr
Oct
19
Apr
30
24
Dec
Sep
27
39% Feb
11
40
Feb
59'/a
8
Jan
106
85
Mar
1
Feb
Feb
39%
Feb
May
Oct
19% Feb
94
95 % Jan
2
•■''
-
Par
-
Co
$2%.div
;
Third
preferred—
conv
Transit
Steel
Corp__No par
*7
28%
1
•>6
4%
preferred—*
Thompson-Starrett
EXCHANGE
CLOSED
•
$3.50
A-.-'.
A-
15
Tide
'
8
A;'■ ;.■;•■■,*. A'
A
"•
.
Water Associated Oil
'
■
'
7%
40%
40 %
8
'
'
7%
*8%
8%-
*8
•
.
52%,
52
89 %
89
80
13%
7 %
1,900
41
*25%
27%
'
25%
101%
101 Va
20%
19%
*25%
20%
49
49%
49
49
11
11%
14
14%
.
'
3
.
25%
25 VB
25%
101%
7
300
40 Va
40'A
40
*7%
7%
7%
7%
3,100
21%
21%
21%
1,300
*8 Va
52%
8%
*8
53
200
8%
52%
52%
900
'
3
3 %
7%
21%
.'
89
27%
900
28%
*13%
53
*88
7%
7%
*28
14
8%
*51%
7%
28
21%
89%
for
Shares
*40%
42
7
•21%
21%
the Week
I
*13'A
7%
7%.
*40'A
;.
7%:
7%
20%
.
28
Sales
Oct
$ per share
'
14
53
*26
lo
com
7'A
7%
52%
3%
"■
par
7%
21
*88
■
com—No par
'preferred—No
cum
-
7%
-
*13%
42
*40%
i
13%
7%
20%
100
Co
*7%
7%
28
13%
Friday
$ per share
7%
28
13%
•
Thursday
Sept 30
21)
*7
7%
*28
13%
■
_1
(The.)—
Co
Thompson (J R)—_———i
_15
Thompson Products com——No par
8
,30% Aug 3i
32%
7%
28%
v
STOCK
1
50
commonr_^_..;_.
Avenue
Thomas
16
Jun
Sept
S per share
$ per share
$ per share
7
■'<
■
'
20
Wednesday
*28
preference——-No par
i,
<
t
—No par
conv
Fair
Thermoid
9
4% Jan
13
$2.4o
t
The
19
Jun
10% Jan
19% Mar 16
25%
.'"A
•.
Tuesday
Sept. 18
Mohday
Sept. 27
$ per share
•
95% Jun
1% Mar 11
7%
May
3% May
'
Thatcher Glass Mfg Co common—5
8
9
r 59% May 26
6
18
A
15% May 21
10% May 15
471% Jan
9
Feb
16%
Sep
May
85
15
14%
Jan
38
30
24%
Aug
16%
27
Jun
12% Apr
60%
Dec
45
Sep
28
EXCHANGE
i■
■"$ per share
13%
9% May
;
7
Feb
17%'' Feb
'
_
Feb
59 %
Dec
12
Highest
.
$ per share
$ per share
Dec
41
Lowtest
Highest
-t per share
(1379)
STOCKS
Range since Jan. 1
Year 1947
Lowest
CHRONICLE
FINANCIAL
25'A
*88
89%
89%
*88
10
3%
3%
3%
3%
3%
2,600
27%
*26.%
2 7'A
26%
26%
100
25%
25%
25%
26
25%
12,400
■
Dec
108 %
Feb
15% May
21%
Feb
17
Mar 17
40% May
53%
Oct
44
Mar 16
15%
10% May
104% July 12
23% May 27
55
$3.75:
Detroit
Timken
May 21
-
preferred—
Timken
Roller
No par
Jan
10% Feb
27
13% May
22%
Jan
12
Jun
21
22% Mar 11
Transcont'l & Western
20%
Nov
15% Jan
22
23% Apr
Transue & Williams Steel
5 % May
99
7%
12%
5% Feb
Feb
97% Mar
15%
Nov
Dec
21%
Feb
112%
'
Dec
Dec
17% July 30
33
' Feb
16
92
Jan
27
Dec
104
'Jun
7
Dec
16
Feb
30
5% Mar
17%
20th
17
28
14% Jan
9% Apr
30
Corp
Corp
Dec
15% July
58%
9 % May
15%
25% May
Feb
45
Jan
37%
Oct
27% Feb
Dec
91%
115
Dec
106%
Mar
85
Dec
104
;•••■ Jun
-20
Apr
27
'• Dec
81
85
45% ■Sep
par
97
97
Twin
Udylite
'
Coach
A:J-
38%
Feb
31% Jan
25%
Dec
22% Feb
July
9
Jun
8
Un El Co of Mo
98
Jun
7
90
Jan
24
105% Jan
51% July
41% Jun.'
8
4 ','c
Tank
6
Apr
Sep 27
Sep 21
19% Apr
2
90% Mar 22
United
63/
19
Jan
22
23
6
United
2
United
35% July 12
United
36
United-Carr
Sep
28%
Jun
35
Dec
9% Sep
27% Feb
26%
Jan
33%
Nov
29
3%
Dec
8% Feb
Dec
83
46
5%
Dec
10%
95
.
4
7
Jan
Air
% 'h
:
United Corp
3% May 15
47% May 20
$3
26
United
Stores
13
United
Electric
46% Jun
11
United
Engineering & Foundry
10 '■
58% May 17
United
Fruit
23
United Gas Improvement, Co
12% May
19%
15% May
91
Dec
s
i
May
171
Dec
13%
Dec
71%
46%
168
Sep
30
10
Sep
20
Feb
53%
9%
39%
Oct
5
Sep
9
U
7
U
36
Jan
5
21% Jan
2
53% July 13
U
58
July 9
37% May 21
U
Apr
Oct
39% Feb
16
73
Feb
49
13
39
Jan
25% Feb
40%
Dec
103% July
60% Feb
127%
Dec
165
Jan
87
38% Feb
Feb
94
6
11
May
41% Jan
6
58% Jun
81
Feb
65% Oct
1
Dec
67% Mar 17
133
Dec
150
Mar
xl7%
Nov
23
Feb
17% Feb
Dec
48%
Feb
38
5
Jan
8%
129% Mar 16
Oct
8
Jan
12%
109%
Jun
5%
x33%
Dec
10%
Jan
Dec
52
16
4
20
Dec
Jan
19% Jan
'■
11
8
98% Jun
23
6% Jun
A 39%
*91
96
Feb
23
Sep
22
Feb
16
Feb
13
Feb
4
81
Dec
19
Mar
150
Feb
Feb
,
6
28
13% Dec
29%
Feb
,7% Sep
56%
91%
Feb
51
Oct
Year 1947
.
lowest
Highest
$ per share
C
47'A
36 'A
36%
26%
27 Vb
27
27'A
27 VB
27'A
108 VB
*107
108 Va
26 VB
t
10
29%
29%
*29%
30
30
30
32
*30
32
*30
*107
21 VB
32
30%
29%
32
*30
3%
3%
2%
!
2,100
1,400
.
:
"
44
45%
*
-
•
20%
20 Va,
13%
14%
1
24%
44%
A
20 Va
14
.
21 %
21%
3.400
i
41
41 V2
41%
2,600
J
50%
50%
50%
51%
8,200
20%
*20%
50%
20%
20 Va
20%
1,200
i
5
14'A
14%
14%
; 14,700
*r
25%
8,300
:
■
13% <;• 15
24 %
..
a
24%
25
...
25 Va
92
92%
*91 Va
93
18'A
*17'A
18%
96
96
97
97
*168
170
*168
95%
97
171
170
10
*
10%
72
163
11
10Va
t
97
K
70
J
17%
400
1
96'/a
95%
168
A ,/
93
2,000
17%
*166%
170
10
10%
*10
11
400
*70
72
*70
72
*70
32
32
32
32
32
1
72
32
31%
31%
10 %
13%
25VB
*91%
*17
33
J
21%
96
*31%
700
41
*167
—No par
I
2,600
21%
93
*70
•
.
6
67
*64
18
72
f
37,100
20 Va
24%
*10
44%
*5%
•'
'
'
2%
44'A
6
\
5,400
*
47
2%
67
j
s
3%
3%
*45
44%
600
1,600
•
21%
.
10%-
31
•.
":AA
3
*5%
30
41
5
*70
3%
*17 VB
.
30
1,500
10%
*30
47
*64%
6'A
67
*9%
A A;
*91
18
200
21%
*21
7
50%
50%
23%
64
9,500
21
7
>:■
13%
A/:
'(
63
'
65
12
41
20%
20 Va
■;ii.
2%
2%
*5%
.41
3%
*46
45
*64 Va
50'A
•
91
18
64 %
40 Va
24%
91
45
5%
67
20%
.
3%
47
2%
45
5%
67
...
*45 %
*
2%
44%
5%
5%
*65
*62
1
107%
11%
12
7,300
"
21
.
31/4
47
11%
11%
66
*62
:
3'A
*45%
2%
3
"A
65
3%
47
t*46
11 Vb
11%
*30
800
No par
5
51%
5 Va
5 VB
22
23
21%
221/4
22 %
23
23
23
23
23
1,800
11%
12%
12
13
12%
13
12%
13
12%
14
11,200
*8
9
lo
27%'
27
100
'
423i
5o
43%
50
*65%
67%
77%
78%
132%
132%
com
—•
—
+
.100
—
—No par
com...
44
18
*
94 •
3%
is
Tobacco
preferred
com.No par
*21%
—.—.100
Pictures
Co
Inc
*160
7%
YORK
STOCK
SaturdaySept. 25
.
$ per share
Par
$ per share
132%
*90'A
18
3% v
3 7a
*23%
24%
r
6
.
21%
21 '/a
*160
160
-U-
i
i|
d
3
■
9,100
250
44
44
44%
65%
65%
.100
79%
787'B
79%
20.000
*5%
133
5%
9%
-
18
2,600
38%
38'A
4
1,900
133
18%
*9%
2,600
18
133%
*90%
'■'/ 3 7 8
i
-3i
■
190
24%
25
17%
6
*21%
.21%
163%
160
900
92'/4
37'B
25
25
*16
6
21%
160
,
8%
8 Va
8%
52%
51%
51%
•
300
6%
*158
.
\
•!
!
100
40
160
8%
!!
8,300
9'A
t
'
51
*
ii
2,700
21%
*21%
"T
4
2,900
A 200
18
Va
6
81/4
:•
200
9%
3%
*16%
>.
6 '/b
5%
9%
*90'A
4
*23%
1%%
V
*oV4
AA
92 'A
.52%
8 Vb
53
3,200
/•
130%
130'A
38%
■
'3%
16%
6 Va
'
67
*38%
92'A
16%
28%
'
95
270
52^~N
1
AND HIGH SALE PRICES
$ per
Wednesday
»
Sept. 28
,
38%
9%
Tuesday
I
$ per share
,;•■•
18 Vs
38%
133
5%
7%
Monday
Sept. 27
18%
■
*9%
53:
LOW
EXCHANGE
132%
*51/4
160
56%,
44
78%
9%
16%'
8'A'
54%
45
5%.A
*21%
163%
1
*43%
"
'
21 Va
130%
5%
*23
:
45
130%
*65%
6
.100
com.
preferred
-
:*
44%
3
A 100
92
130'A
9Va
6
28 %
44%
67%
3%
55%
*54
*89%
44 %
79%
'
■
23
92
44%
78'A
.
1,000
'
55%
\
-j
'
*89%
*65%
39
*90'A
3%
>
18
18
5%:; a •;A.7
9%:
28
92
132'/a
*38%'
■
*90'A
2
common
-
*54
57
28%
■■
:
44
43%
44%
P
9
*8
130'A
67%«
132
18'A
43%
78%
77 Va
39%
44%
9
600
5%
*5
.44'A
43%
43%
*65 Va
>
■
lSO^i
1301/4
*8
9
5%
"
*89%
44
131%
common. %„No par
*55
7 x27 %
92
43
'
130 Va
56
27%
*89%
92
4 2'A
10
7 -7
56
26%
57
*56
*89%
44%
*5
51/4
*8
44% A
*43%
44
43%
lo
——
9
*3
20
—
5%
24%
A/.,
*107
*9%
13%
preferred.
NEW
>
108 Va'
11%
*60
5%
//
26%'
*107
11%
*16%
A Highest.
;
46%
*231/4
Range since Jan. 1
Lowest
$ per share
2,300
36%
STOCKS
$ per share
i
88%
47
:
No par
Paper Inc
Range for Previous
■
88%
36%
50%
common
Co
:
.
r )
47
1
8 %
88
—
120
36 Va
1
4% %
87%
;'
■
'<
9.300
46%
.50
Universal
88%
V
1
J
32%
36%
Universal-Cyclops Steel Corp—
May 22
82
.
31%
46%
Universal Laboratories Inc.—
May 20
96
*81
31%
36% A
11
70.
*91
82
31%
46%
17
15% May 21
1
96
*81
36
21
170
*91
82
32
46%
50 V8
1st preferred
Leaf
25,000
V-i 260
105%
46%
Jan
Universal
*105
35%
Jun
8
39%
39%
105%
87%
20
23% Jun
40
10,000
85%
10% JUn
17
31%
31
87%
•
1
■
32
96
•.*91
•
i
.
600
.
88
9%
conv
400
1,500
13%
81
31%
*38%
■*:'
5'A
47o.
39%
105%
9%
49'A
31%
81
30 5b
40
1051.A
105
32
34
S
Mar 16
39%
104
81%
preferred.——_.25
Stockyards Corp
l
United Wall
39% r
104
.--v
96
31
United Stol'Cs $4.20 non-c 2d pfd
5
$6
conv
preferred
No par
15
23%
Dec
39%
104%
9%
49 %
21%
hon-cum
United
2,600
*12%
10'A
100
preferred—r_——
Tobacco
'7%
9
.
Co
Corp
150
7%
common
preferred.
Steel
27
9%
21
common——1
nbn-cum
7%
6% May 21
12% May 26
8% Feb
,
S
U S
42% May 20
2
89% Sep
3% Sep
192
31%
*9%
*10
Corp common.I
pfd series A
—___10O
Rubber
S
*25%
,
500
class A
conv
Co
6
7%
IOV4.
Plywood
l'/o
U
8
11%
Dec
163%
;
22
May.
% May
31%
21%
com
Chemicals
Co
.
21
20
~U S Smelting Ref & Min
Apr 21
83% July 14
140% Jun 24
10
.A 4% Mar 16
Feb
Dec
30%
•
100
Playing Card Co
S
8%
72
80
96%
30%
40 Va
common
Pipe & Foundry
S
U
1
51% July
Dec
38
29%
20%
preferred—
3%'A
13
61% May
67
S
U
7
137% Jan
Lines
S
4%%
49% May 15
125% Mar 19;
Leather
U
9% May 20
14-
Feb
S
Partic &
9%
31%
"*40'A
preferred
Industrial
8%
13'A
No par
Machinery
S
25'A
*7%
10
No par
Co
2 5'A
8
8
*5%
50
_5
preferred
Hoffman
S
4'A %
21% Sep 28
46%
38% May
4
8 % Jan
27
Jun
42% Jan
11% Sep 27
7% Mar 30
Gypsum
T,'c
25%
8
20%
Foreign Securities——No par
$4.50 1st preferred.
—_No par
U
Oct
10
Dec
76
25%
;
25'%,
*49%
5
Freight Co
S
2
17% May 14
69% May 7
31% Sep 29
Feb
Jun
S
200
*97%
.
10
&
Nov
24%
Cos
Merch£& Mfrs Inc——A-
U
99%
5%
21
,100
Coal
U
99%
5%
65
.1
common
Co—
S
9
179
196% Mar
33% Jan
Dec
Dec
U
24 % May 15
113% Jun
9
23% May
'92
Jun
11
11
May
'
32% May 15
15% Feb
Jan
9%
101
92% Feb
Jan
35
20
Oct
5% May
16%
27
Feb
Feb
Dec
25%
16% Feb
89
20%
94
Dyewood Corp
preferred
United
26
107%
Dec
37
21% May
*97%
6%
*12%
/
23% Oct
A Jan
106
12% May
86
Feb
800
99%
*5%.
.
131/4
9%
5
21
May 24
6,500
21
1
common
16% Feb
i
19%
33
16%
,*62%
10o
48
14
13% Mar 16
19%
33
35%
30c
com
preferred
37% Jan
20% Sep
1,600
19%
33
45%
—_—No par
Oct
Dec
16%
19 VB
33
*97%
>.
*81
Corp_.No par
preference
7%
6
*91
•
10
Co—:
convertible
16%
19%
33'A
11%
Fastener
Cig-Whelan
16%
16%
19
*33
,
50
104%
No par
Corp.
Jan
,
320
100
—
Carton
19%
20
99%
13
108 VB
Co
Carbon
$3.50
11
Feb
99%
*9Va
*107
43%
59% July
24'A Jan
100%
10
common
11% May
Jan
*99
50
preferred—_10o
33
May
100%
10
26%
9
May 27
82% Apr 22
28% Jun
3
•44%
12,000
12%- •;
26
common
Inc
&
7%
5
preferred
Unite
13
61% Mar 17
8%
'
Corp
Lines
5% July. 15
Jan
5
55
Feb
40
Feb
Dec
8
iJuly
8%
48%
50
com
^No
convertible
4% Feb
53 % Mar
65%
'
5
May 10
2% Feb
Jan
20
,
Mar
A3
Jan
4%
Dec
Feb
Aug
15% Jan
8%
10
par
Board
18%
5%
100
8
39
par
preferred:
Aircraft
4,100
'
12%
87
Biscuit
27
28%
120%
United
16
30%
No par
Car
3,200
14%
15%
48%
50
non-;Cum
Union
11%
14%
16
12%
25
Co
11
15
16
10
RR
11 %
Sep
Dec
Dec
Dec
pfd $4.50 ser__No
Pacific
Apr
110
15%
41
Union
30% May 19
110% Jun
3
75
2%
1
11%
14%
16.
49%
California—_
of
11%
15%
12%
—No par
series.
Oil
11%
9%
48%
5
$3.50
Preferred
Union
2
Co__
series—.No par
6
25%
8%
8
Carbon—..No par
&
1,200
•
$3.70
.
24'% Nov
Dec
50
Preferred
38% July
96% July
10
102
Carbide
110
26
16% May
Fi's'
48%
8%
99%,
*5'%
26%
26%
„1
Rubber
&
*97
6%
6
..No par
,
hr. Paper
Union
-C.;.... A "
50
(The)
Asbestos
?
1
Corp
48%
'
par
Co___
Corp
48%
*16
prio'r preferred——__No
City Rap Transit corn—No
5% env prior preferred^
$4.50
Twin
5
48%
102
100%
:
19
Union
27
May
30
•
15%
15%
6,400
49
102
8%
33%'
43
July 19
100
18 34
Union
-
99%
21%
1
8%
33'A
15
11
7%4
•
19%
39% May 26
Aug '25
21% Feb
16%
'
•
33%
Underwood
103% Aug 18
91
Feb ' 9
Sep
99%
16
5
——
8 Va
99%
••
21
*15 V2
.
19
2
-
.——No par
7%
I'','
230
21%
14%
14%
16
33%
15
11
Aug 11
1
14%
*15%
.
102%
21
11%
11%
11
16
102
21
48%
.
par
Jan
•
*15%
102
20'%'
102
'
par
>16% Jun
9% Mar 16
39
105
12
5
No par
102
preferred .——.No
conv
59'A Jun
>'
Mar 16
Inc
common
!•
u
12
-43 % Ma-y
Air
Century Fox Film com__No
$1.50
-
11
Jun
24
Oct
Truax-Traer
8% May 27
32% Jan 21
7% Sep
51% Feb
Nov
9% May
100% Jun
2
preferred—.i
$6
36% Jan * 5
4
Corp
Tri-Contiiiental
107% July 22
19% Aug
5
25% Mar 31
12% Mar 16
Jan
Jan
,-
Transamerica
7
11
10% May 15
,
2
38%
93
,
11
48
34% Aug
13% Jan
.20
No par
Bearing
14
May
'
*
—5
Axle
.
Sept. 30
I per share
$ per share
for
Friday
Sales
Oct. 1
Thursday
Sept. 29
,
share
the Week
$ per share
Shares
2,000
V
13% May
22
14%
18
Dec
Feb
%
14% Feb
10
24% July 14
Vanadium
Feb
11% Sep 29
21% Feb 16
Van
Norman
Van
Raalte
12% July 19
15% May 17
26% May 21
15% May 21
22
29% Jan
Vick
'
——A
1
12'A May
20%
Jan
26%
39
Feb
Dec
84
Nov
94%
85'A
Nov
94
-
Mar
3
Feb
86
Feb
21
94
May 28
86
Feb
13
95
Jun
Vicks
4
35% May
50%
Nov
Dec
37% Sep
87% Feb
104% May
5% May
10% Nov
69
May
14
112
Nov
107%
Dec
16%
121
27
48% Jun
24
2
96% Apr
23
7 Va Mar 16
Nov
93
Oct
Feb
14% Jan
„
Feb
34%
Dec
45
—
—
\ 7
18% May 15
Jan
6
18
Jan
7
117% Jun
Feb
33
Sep
23
23
Jun-
&
Shreve
10
6%
Pacific
preferred
div
Virginia
14
$5
Va
2
partic
Elec
__2.50
_.
Ry com.100
preferred—
non-cum
3%%
124% July 12
109
•'
Co
100
common
com—.No par
preferred
&
5
100
—_...
Va-Carolina Chemical
"
„
————12.50
Inc.——
Victor Chemical Works
14% July 13
11
Co
Chemical
5%
*
85
of America—No par
Co
Vertientes-Camaguey Sugar Co__6%
6
v Jan
Corp
Co
Pwr
_10o
Ry Co common...
6%
prefferred-1
1
Visking Corp (The)..
.
Vulcan
Virginian
25
—25
Dec
Jan
30% Feb
10
31
Oct
38
Feb
32
Feb
10
30
Dec
33%
Nov
28
Sep. 28
32% Jan
5
Aug
33%
Oct
Apr
32% Jan
13
57
Apr
75%
Feb
57% Aug 16
66
Jan
2
Wabash
RR
13%
Apr
17%
Jan
13% Aug 30
15% Jan
8
Waldorf
Systdm..'i____L_j._l.NO
29%
Apr
36%
Feb
35 % Jun
.4
29
15
7%
Detinning Co
common.
preferred
21%
21%
21%
21%
*21%.
21%
11%
11%
12
11 %
11%
23
23
23
23
23
900
13
13%
12%
13
2,900
*22
22%
22
22
r
13
11%
13'/b
*22'/a
13
13%
600
1
22
22
*£'6
89
*88
91
37%
*86
*86
89
91
*88
91
*88
9%
10%
98
89
*37%
.
91
9%
*22
*88
A
•
37%
*88
22%
22
105%
101
-
*86
7
91
38
37%
*88
90
90
*86%
/
;
10
104
103
10%
104
*86
89
*86
*37'/a
-38'%.
10%
22%
10
103%
7.A-
37%
91
*10
A
S9
89
10
400
38
*37%
89
103%
900
89
*86
„
"
*100
10%
30
4,100
900
103
'
16%
16%
114
'18
18
112
■
33%
31 %
•33
33
*28
29
*29%
31
18%
*32
33%
*30%
5
33
31'A
"16%
16%
16%
112Va
112%
16%
113
Xl8%
:
20
Walgreen
30
40
22%
13%
20
31%
11%" 7"
13%
16%
38% May 11
34% May 3
39% Apr 26
21
11 %
22%
23 %
112%
4% pfd—25
20%.
12% "
22%
100
Coke
20%
20%
*11%
*
CLOSED
com_L__10
preferred..
Iron Coal &
STOCK
EXCHANGE
*
18 %
*321/4
16%
16%
16%
6,200
*112%
114
*112
114
80
19
*18%
.19
19
19
240
33 %
*32
33
33
200
32
*31 %
31%
32%
31%
700
32
*32
33
32
*31%
32%
900
28-
*27%
28%
*27%
28%
*27%
28 %
10
31
*29%
31
*29%
31
*29%
31
*59
GO
60
700
*13%
13%
13%
13%
*13%
14
500
30%
30%
30%
30%
*30'A
30%
31%
31%
32 %
"
*31%
28
*29%
32
A
W
100
Dec
109
July
x30
Feb
11
100% Apr
29
xl7% May
24%
Jan
7% May
13%
Feb
19%
Feb
10% Mar 12
106% Mar
X83 % Mar 12
10%
88%
12
Dec
Dec
Dec
For
18%
footnotes,
Feb
page.
Xl8% Mar 17
8% Feb
9% Oct
11
1
105
Aug 26
27% May 21
13% May 24
16% July 13
101
14
■
preferred
100
59
59%
59
par
13%
13%
13% "13%
30%
30%
30%
103%
103%
*103%
22%
22%
22 Va
Co '.commonj___J_J_No' par
4%
preferred.—
:
___100
Walker (Hiram) G & W
No par
Walworth
Ward
Co
No par
Baking Co-common
2
5% '/o
May 22
Warner
Jun
4%%
preferred
Bros
—
Pictures
9%
.
9%
9%
59%
30%
104
22%
9%
*103%
23
9%
104
23%
10
*
l
13%
14%
13%
14
14
100
93%
93%
*93%
94
93%
93%
-l——5
9%
10%
9%
10
9%
13%
10
*59
*103'A
23 Vb
9%
14
*93
9%
60
104
23 Va
10
14
93%
10
*50
*103'A
*23%
9"%
*14
*93
9%
800
10
104
23%
2.900
10
2,900
14%
1,300
30
93%
9%
22,600
24.
1
-fr'fflill fnVT
■
24
THE
(1380)
&
COMMERCIAL
FINANCIAL
STOCK
pttw YORK
Range since Jan. 1
Highest
Year 1947
NEW YORK
LOW
STOCK
Saturday
Monday
'
Lowest
Lowest
Highest
$ per share
$ per share
of
EXCHANGE
Sept. 2ft
$ per share
$ per share
Par
19%
Nov
27
'
Jan
23%
Dec
22% Sep
14
32
20% Feb
CO CO
May
10
34% May 14
5
27% Aug ,3
Washington
20% Jan
»
2
Waukesha
Feb
17% Feb
20
Sep
26%
Feb
17
Mar 16
Sep
7
Wayne
Knitting
Dec
41
Feb
16
27
30% Jan
2
Wayne
Pump Co—
Dec
12%
Jan
27
17% May
5%
Sep
27
13
86% Jan
34%
21% May
19% Mar
Jan
112%
Nov
121%
Jan
103%
Dec
112%
Jan
106%
Dec
116'A
Aug
105
Penn,
1%
110
July 30
6%
11
113
Jun
9
28
107
Jun
18
38% Feb
14
Jan
100% Feb
25
Jan
6% Jan
2
34% Feb
14
West
110% Jun
West Va
11
24
24
24
24%
900
23'A
23%
23
23%
23%
24%
6,400
23%
23%
23%
23%
23
23
22%
22%
STOCK
$00
18
18%
18 %
19
900
16
16
1,900
*18'%
share
*23
$ per share
18%'
*18%
19
19%
18%
19%
*18%
19%
18'%
18%
16
16
16'V
16'A
16
16'A
,19
4%
*
$ per
*loVa
■
4%
*4%
16
4%
4%
,S
4%
*18'%
19
*
-
*4%
4%
4%
26%
:
27%
26
26%
26'A
27
81%
82%
81%
81%
81%
82%
26%
26%
'27
82
82
22
22'A
16%
21%
17
*108
22
16%
22'A
■
16%
109%
*108
82
116'A
116'A
117
117
100
103'%
109 %
109'A
100
107
107
100
105
105'A
'
*81%
-22'A
16%
21%
16%
107'A
109
107'A
600
4%
'
26
Shares
share
*24
19%
22
16%
21% ;
16%
107
117
117%
*117
117%
109 'A
110
110
*109%
111
106'%
104
230
22%
2,100
17
16%
*107
107
800
4,000
-
4,200
40
108
117%
117%
100
111%
*110
100
107%
107%
107%
104'A
104'A
104'A
103%
180
17%
19
18'A
18'%
18%
18%
18'A
18%
18%
18%
10,400
46'%
46 %
45%
46'A'
46%
44'A
44'A
45
45
—100
*103'%
105%
104'A
105'A
104'%
104'%
1
7%
7%
7%
7%
5
Pulp & Paper com__No par
4% %
$ per
16
CLOSED
—100
•
Penn Power 4 *% "/« pfd
preferred series B
Virginia Coal & Coke
West
24
23%
EXCHANGE
No par
4.20%
22% July 14
51% Jun 15
24
23
No par
1
preferred
20
24
23'A
1
Co
preferred
A
the Week
24
—-No par
!
22
Class
Sales
Oct. 1
22%
—5
Sugar Corp
Elec
119% Jun
Sep
Oct
113
Dec
Indies
West
4
'A Apr
iu
47
West
Jun
114
-
1
Inc,
Friday
Sept. 30
*22%
5
preferred
29
105% Feb
Mills
for
Thursday
•'
23%
Snowdrift com—2.50
&
Oil
conv
15
xll3'A Apr
im%
104
32% May
13
104 % Mar 16
117'A Mar
$4
Motor
Tobacco
Wesson
2
26% May 21
19% July
1
3
13% Feb
Dec
Webster
6% May 24
34% Aug
5
26
105
22
80% Feb
Feb
90
83% May
20% May 28
16
Sep
4% Sep
PRICES
Wednesday
Sept. 29
t
$ per share
.......
.
CO—No par
Co——
—5
30
HIGH SALE
Sept. 28
$ per share
Light
Gas
AND
Tuesday
Sept. 27
tper share
Warren Foundry & Pipe—___No par
Warren Petroleum Corp—L—
3
Jan
Monday, October 4, 1948
RECORD
STOCKS
Range for Previous
21
CHRONICLE
preferred
"*44
104'%
"
*104'A
107'A
107'A
*103
107%
104
420
107%
*102
*104%
700
105%
80
7%
3,100
36%
1,300
'
10%
5% May
38 Va May
4
.
75%
26 '/a
Feb
,.
Dec
90
17
May
27'A May
7% Mar 17
Dec
Dec
42'A
Dec
65
Jan
9%
32%
:
May
9% May
'
28% Feb
Western
'4%
63
Sep
72% Jan
20
Sep
18% Sep
27
38'A
Oct
32% Feb
13
39% Jun
14
Dec
25% Feb
11
33% Jun
9
85 % Feb
11
23
94'%
Dec
30
9
.105 '
1
■
Nov
26
31
Dec
80
53'A
26'% May
19'% May
Oct
>' 37
Mar 16
101% Mar
83
Mar 18
34
V
17%: Feb
90
.
.
Feb
!
-
5% May
6% May
Feb
34
Feb
12%
July
5
Jan
23
,
Dec
22% July,
*2
126
30
Feb
11
19% Jun
51
12% Sep-20
88'/2
99
Jan
Dec
6ye Mar 17
31'A
43
81% Sep
Nov
15
Mar 30
Nov
15
Feb
126
35
Dec
Feb
Feb
5
43% Feb
11
Feb
Feb
58
70
'A Mar
53
Dec
62
Nov
8
May
18%
Feb
8
Aug
Jan
f
*30%
32%
*31%
65
*63
65
*62
23%
23%
*24
1
18%
18%
Machine
Co
8
Wisconsin
6% preferred
Woodward
Iron
Wilson-Jones
53 %
*28%
28%
*54
Woolworth
(F
Co
Co
W)
Wright
21
2
4'%%
15%
15'A
:
v
3,800
17,800
120
.
97
97
300
*31%
32%
400
113
'
*96%
32
*108%
50
'
85
190
25%
17%
19%
1,400
:
25%
18
'
50%
\
85
..
25%
17%
113
*50 r
84 %
17%
-
.'300
3,700
-
-
20%
54%
54
54
28%
28%
28%
100
12
*53%
*28%
12
12%
12%
2,500
8%
20'
,
8%
*54
55
79 V8
•
f.%
4,300
70
15'A
129
*34
34 Va
33%
34 .,'r
34
34
44%
45%
45'A
46
16%
82
Nopai
65
16%
17'A
68
17%
18'A
123
129
35
45%
;
200
15%
100
15%
4,000
129
,31%
34%
900
45%
46%
7,200
17%
2,400
46%
17%
18'A
6,700
83
-
18
17%
69
*67%
69
*67
*75
76%
76%
76'%
*76%
78
*70%
78
10
b2
81
83%
*83'A
87%
*83%
87
*83%
87'%
90
66
64%
65
*64%
66
647/8
64%
*64%
66
9%
10
9%
10%
10%
69
76'%
5
8%
25
'26%
69
9'%
9»A
*67
2Q0
12%
*15%
15'A-
15%
*123
45%
68
:tm-
15%
.*124
34
*79
82
*15%
15%
16,500
56
12%
'
*78
15%
*15%
.,
15%
129
8%
*54%".
56
12% "12%
79 V8
45
*75
Aeronautical
•
12%. •12%
15'A
15'A
*124
100
series
conv
151/4
15%
129
124
series___100
Wrigley (Wm) Jr (Del)
Wyandotte Worsted Co
July 15
pfd
pfd 4%%
89%
8%
55
10
.
89 %
{;"• 19%
-
12
8%
8%
12%
77'A '•77'A
No pai
Prior
Prior
11%
54
12%
80
*15'A
No par
4
lx%
10
.
Co.—
Mav 17
20
"•
28%
54
12%
*78
100
Worthington Pump &
Machinery common
89%
1
10
com
;•
*25
53%
8'A
"55
12%
10
—
—>
19%
53%'
4.000
37%
27 Va
50
'18%
*28%
18%
37
83%
;
25%
28%
18%
26%
V *108%
85%
18
64%
37%
32
113
*25
:
18%
100
300
i
\
;27%
*96%
53%
11%
8%
8'A
A....No pai
...No par
Pwr
12
11%
J
com
53%:
*28%
6,600
;32%
*
5
„
Co
El
108%
i
12%
32%
89%
32%
84%
251
12
*29
26%
50% ,•50%
y ,18%19%
19%
19%
53%
20
series
$4.25 preferred
13
11% Jun
19
No par
Motors
10
9
1
com.
.
....
pfd
conv
J"
;
.
18%
97
*32
18
69
60% Mar 19
Mar
$4.50
113
12'A
"32%
,
36%
i
89%
97
96%
86
preference
Oil
*89%
32
*108%
18%
37%
26% .27%
L
11%
1
18%
90%
49
96% July 28
5
*89%
84%
Jun
81 % Feb
94
89 Va
49
Wilson & Co Inc common....No pai
25% May 15
68
Aor
100
31%
37%
'
36%
*29
37
89 %
v
36 'A
<
<
7
26%'
50
Willys-Overland
14
19
36'%
84%
preference—.-
conv
Wilcox
21
37% July 12
16% Sep 21
Sep
9
76% Sep 21
94%
Dec
18%
,26
84%
Co.—...
Sewing
$4
Prior
49% Jun
19 Va
37 "
27%
48
Jan
-
18%
pref—No par
Mtg (The SS)
20
Jan
18
xl38
80
Dec
83
36 %
12%
32%
*63
26'A
113
White
8
May 27
19
10
Mar 19
28
^
36%
7
*30%
,
65
*61
%
*108%
July 30
12
8
145%~May
53
Dec
12
7
32%
31%
36%
prior
conv
Jun 23
■
64
32
$5
65% May 15
17% May 17
88% Jan 21
9
19
-
May
75
Mar
20
Oct
36%
"
32%;
96%
Motor
27
*59
Wheeling
July 21
56% July'13
92
Jan : 5
26
100
32
White
Aug
A
96%
24% May 26
Oct
Jun
12
*96%
30
Feb
16
31%
12
*31%
Dental
Oct
15'A
31%
31 %
36%
*29%
100
White
17
135
12 %
32%
7%
7%;
*35%
11%
& Lake Erie Ry
100
Wheeling Steel Corp com..._Nj par
115
•
27% Feb
'
36%
36
com—No par
Instrument
7
13%
Dec
7%
12.50
Elec
27% Jan
64%
51%
8
*29%
100
100
pfd series B
Weston
20
Sep
10% May
.
3.80%
11
Feb
X53
r
RR
series
17% Sep
9% Feb
Feb
29%
9'% May
29 'A May
40% Jun
76
'
Dec
84
16
Jan
May
•
11
95% Apr
101% Jun
55
62% Mar
90
91% Feb
106% July
10
Co.
Ry com
pfd—'
2nd
Western Union Teleg class A.No par
Westinghouse Air Brake..—No par
Westinghouse Electric c0m_'___12'%
3% %' pfd series A
100
May 19
29% Feb
Aug
Supply
Pacific
Preferred
15
'
Dec
Inc..
Maryland
non-cum
Western
"
88
Lines
'
31
<
22% May
Auto
Western
9
38% July 12
36% May 21
11
Air
Western
'•16% July
22% Maf 12
Mar
26%
10% May 18
46% May 20
9%
69
,
30
700
10%
2.60J
26
1,700
Y
33%
45
Jan
pd
p°r)
30
34% Jan
10 Vb May
16%
Feb
10% Feb
27
16'% May 24
37%
£0% Mar
Dec
38% Mar 13
14 % May
23%
Oct
<15% Feb
53% May
83
Oct
**65% Feb
15
3jl%
Feb
May
48
14% Mar 16
-
&
York
Towne
Corp
Mfg
Co
*11%
11%
*42
43
19
19
18%
78'A
79
15
87% July 12
XI9% May 27
26%
27
12
43
11%
preferred
50
Young (L A i Spring & Wire.No Par
Youngstown Sheet & Tube—No pdi
Youngstown Steel Door__
No pai
23
26%
26%
*42
J
common
4%%
May 25
July 9
21,
27
Yale
26
27%
11%
26
26'%
12
11%
12
*42
43
*42%
18%
19
19
13%
78'A
79%
79 3'a
80'A
79%
15%
15'A
15'A
15'A
15'A
*15 3 a
24'%
23%
25
25
25'A
24%
4'%
4%
i
12
11%
43
1,200
*42
42%
18%
80%
IS
19'A
79%
80%
8 200- •%■•
16
15'%
15%
1,600
25'A
24%
25'A
3,500
4%
4%
4%
2,400
x
Ex-dlvidend.
'
•
700
Z
14% May
5% Jun
*Bid
25
July
19% Feb
11
Jan
4% Sep
27
10%
and
asked
prices;
,
no
sales
on
35
Zenith
July 12
6% May 19
this
day.
fin
Zonite
Radio
Corp
Products
receivership,
UEx
24
No par
Corp__
$40
4%
1
liquidating
dividend
paid
May
10.
Transactions ai (he New York Stock Exchange
a
■
delivery,
Deferred
Stocks,
Week Ended Oct. 1. 194S
Total
Government
Bond
Bonds
Sales
-
i
1,213.820
$3,197,000
Exchange
Bonds (Par Value)
Foreign
of
—
$339,000
Saturday
$3,543 000
$5,000
$2,000
2.000
v
358.580
Foreign
Government
Domestic
Shares)
Saturday closing
Monday
wd When distributed,
(Number
Boiids
Week Ended Oct. 1,1948
Saturday
•
Stocks
Bank
Bonds
Bonds
%
Daily, Weekly and Yearly
United States
Foreign
of and Miscel.
Sales.
s Special
Int'l
Railroad
Shares
sale,
r Cash
4
4%
Transactions at the New York Curb
Daily, Weekly and Yearly
Number
4%
4%
Corporate
Total
Saturday closing
911.590
2,920,000
808,870
2,682,000
3,254.000
237,000
675,420
Total
4.311,655
3,204,000
$15,257,000
5^000
$162,000
$26,000
$3,000
11,000
2,000
$191,000
17,000
130,000
$1,263,000
$213,000
$9,000
Week Ended Oct. 1
.
..
.1948
•
Stocks—No. of shares.
201,175
63,000
19,000
183,580
234,000
1,000
6,000
241,000
1,216.915
$744,000
$77,000
$11,000
$832,000
Jan. 1 to Oct. 1
1948
$44,500
$1,065,500
$2,877,000
9,000
294,000
3,702,000
18,418 030
1,263,000
2,113,800
64.573,680
56.495.420
15,257,000
18,913,000
722,656,800
681.758,700
$16,742,000
$21,365,300
$791,997,980
$759,549,120
184,287,251
;
;;
'•
V
20.000
Week Ended Oct. 1
1947
$213,000
___
—
Thursday
226,178,842
U. S. Government.
Total
109,000
1947
189,000
129,000
82,000
Jan. 1 to Oct. l
19,48
1947
1,205,878
57,042,426
54,009,094
$1,701,000
$38,638,000
$63 578.000
154,000
6.930,000
4,923 000
11.000
1,000
1,360,000
461,000
$832,000
$1,856,000
$46,928,000
$68,962,000
1,216,915
Stocks—No. of shares
f
International Bank_____.
Industrial—,
176.000
219,730
4,969,990
Bonds
Railroad &
253,850
Wednesday
$16,742,000
1948
1947
4,311,655
Foreign
Monday..—'
3,351,000
191,000
Tuesday
3,687,000
260,000
701.955
2.942.000
297,000
Wednesday
Thursday..:
Friday
3,219,000
Friday
Tuesday
Bonds
Domestic
Foreign government
•^00
Foreign corporate
-
Total
.
Stock and Bond Averages
Below
listed
on
are
the
daily closing
averages
of representative stocks and bonds
the New York Stock Exchange as compiled by
Dow, Jones & Co.
-Bonds
-Stocks-
10
JO
15
30
Indus¬
Sept.
Util¬
roads
ities
Closed
25-
Sept.
28-
_
.
30
1
65
Indus¬
Stocks
trials
10
Grade
Grade
Util¬
40
Rails
Rails
ities
Bonds
Closed
-
Total
Second
First
-
57.45
34.17
65.76
100.57
102.91
88.99
101.39
98.46
58.17
34.06
66.27
100.49
102.87
88.80'
101.41
98.39
89.05
101.42
98.44
179.04
29
Sept.
10
177.54
27
Sept.
Total
175.99
Sept.
Oct.
Rail¬
trials
Date—•
20
—
;
58.55
34.36
66.80
100.54
102.77
178.30
58.33
34.48
66.61
100.56
102.90
88.97
101.45
98.47
179.87
58.94
34.46
67.12
100.45
102.67
89.15
101.55
98.45
\
&
commercial
the
Number 4739
168
Volume
Bond Record
FRIDAY
WEEKLY
-
YEARLY
-
In the week's range, unless they are the only transactions of
taken of such sales in computing the range for the year.
Income and defaulted bonds. Cash and deferred delivery sales are disregarded
week
and when outside of the regular weekly range are shown in a footnote in the week in which they occur.
No account is
The italic letters in the column headed "Interest Period" indicate in each case the month when the bonds mature.
V
NOTICE—Prices
the
"and Interest"—except for
are
32d of a point.
Figaros after decimal point npnmt one or more
HIGH SALE PRICES
Wednesday
Thursday
AND
LOW
c
Ranee since Jan. 1
Year 1947
106.6
108.21
Feb
111.23
Sep
108.16
Sep
17
„
Dec
y
__
114.1
May
114.8
Feb
104.13
May
104.12
2%s
2%s__
VTt
„
102.22 Feb
Feb
102.23 Sep
*
Treasury
t
.
*102.17
CLOSED
Dec
103.19
100.8
Apr
Jan
8
10
107.19
107.28
*101.22
101.25
*102.22
102.25
*102.22
102.25
*102.21
102.24
*102.21
102.24
*102.20
102.23
*102.20
102.22
*102.20
102.22
*102.20
102.22
102.23
102.23
*102.20
103.22
*103.4
103.6
*103.5
103.7
*103.6
103.8
*103.6
103.8
*103.6
103.8
*101.8
101.10
*101.8
101.10
*101.8
101.10
*101.8
101.10
*101.8
lul.1'0
t
;
v
!
.
.
Treasury
2'As
102.13 July 13
Treasury
2'As
1956-1959
100.4 May S
100.2 Feb 11
Treasury
Treasury
2'As
'
<
101.7
Dec
103.18
102.0
Sep
102.24 May
100
Dec
102.24 May
Sep
101.14 Sep 10
Mar
100
4
Mar
100
2
{Treasury
_
—
—
Apr
101.12
103.4
102.12
r
Dec
Apr
102.6
100.31 Sep
May
'102.23 Apr
July
101.13 Mar 22
16
101.26 May II
*100
New York
104
*103.28
104
104
*103.28
104
*101.20
101.22
*101.21
101.23
*101.21
101.23
*101.22
101.24
*100
100.2
*100
100.2
*100
100.2
*100
100.2
*100.22
100.24
*100.21
100.23
100.23
*100.21
100.27
*100.25- 100.27
*100.25
100.27
*100.25
100.27
*100.25
10U.27
*100.28
100.30
*100.28
100.30
*100.28
100.30
*100.28
100.30
*100.28
100.30
*101
101.2
100
this
Period
14
101.2
*101
•
101.2
*101
*101.3
101.5
*101.3
101.5
*101.3
101.5
*101.3
101.5
101.4
*101.2
101.4
*101.2
101.4
*101.2
101.4
*101.2
101.4
100.31
2s
Odd
a
1972
lot
101.2
*101
101.2
*101
101.2
♦101
101.2
1,000
*100.31
101.1
*100.31
101.1
*100.31
101.1
*100.31
101.1
1,000
102.30
*102.26
102.30
*102.26
102.30
*102.26
102.30
*102.26
102.30
100.10
*100.8
100.10
*100.7
100.9
*100.7
100.9
*100.7
100.9
♦95.20
-
or
Sale Price
97
transaction,
102
97
ft
96.20
*95.30
96.5
*96.20
97
5,000
OCTOBER 1
FOR WEEK ENDED
Sold
'
25
102ft 102 ft
Last
Period
Sale Price
New York Stock Exchange
January 1
Low
Interest
BONDS
Range Since
No.
High
Week's Range
Friday
Bonds
Friday's
Low
96.5
96.20
*95.28
96.5
*96.20
Registered bond transaction.
r
or
High
100%
14——
No.
16
3%s Series
Vt'
17
J-D
33As Series No.
18.
J-D
33As Series No.
33As Series No.
5
62
2
51%
60
57%
1
53 'A
57'A
47 Vb
60'%
44
60
52
60
57%
22
60
*55
55
*55
J-D Vs
•
60%
56
J-D
..
21
High
51%
57%
J-D
19
33As Series No.
33As Series No. 20.
Low
-\-
57%
—
J-D
33As Series No.
January 1
No.
58
*55
J-D
—
^
Range Since
Sold
High
56
J-D,,...
15
334s Series No.
107
Bonds
Friday's
Bid & Afked
Low
33As Series No.
♦
*95.20
96.20
96.20
...
Bid & Asked
.
J-D
96.5
:'95.20
96.5
*96.20
.
Week's Range
Last
1
.
*101
100.30
v
-
.
.
,
100.31
*102.26
*100.8
1957
25-year 3s
-
.
100.30
^
1953*1955
•
.1980
101.2
*101"
101.5
10-year 2y4s—
day.
3,000
100.23
*100.21
100.23
101.2
City
Corporate Stock
*100.21
*101.2
2s__
Transit Unification Issue—
3%
*103.28
*100.25
RANGE
',
104
101.21
100.2
*103.28
*101.3
Friday
.
101.27
*103.28
17,000
103.4
*101.25
*101
'
.
Interest
New York Stock Exchange
*103.1
101.27
100.19
International Bank for
:
Reconstruction & Development
BONDS
103.4
*101.25
Sep 1950-1952
—1951-1953
88.30 May IT '
99.30 May 17
sales transacted
No
*103.1
101.27
______1951-1955
,
price.
103.5
*101.25
2s—...
,
asked
*103.1
101.27
'*101.19
-
1 '/2S————1950
and
103.5
*101.25
100.2
Treasury
*Bid
*103.1
101.27
2s
Treasury
,,„
100.16 Apr
1
103.5
*101.25
Jun 1952-1954
—Dec 1952-1954
18
100.9
♦103.2
.
100.8
■
.
100.9
*100.17
2s
■
100.10
*100.8
•*100.8
100.19
Treasury
.
101.6
100.10
*100.17
Trcflsufy
94.14 Jan
*101.4
100.10
101.5
*100.8
100.19
Treasury 2s
muut
July
101.6
*100.8
100.10
*101.3
*100.17
101.19 July 13
1
*101.4 '
100.10
*100.8
100.19
101.18 July 13
103.4
101.5
*101.3
*100.17
27
Dec
100.10
*101.3
100.10'
101.5
>100.8
-
100.19
27
86
*100.8
*100.17
100.30 Sep
"
100.10
*100
100.31 Sep
94.10 Jan IS
*100.8
*100.6
Jan
July
100.10
100.2
July
102
100.18
*100.8
'
100.8
103.4
Deo V
100.26
*100.16
*100.6
103.2
r
100.26
♦100.24
100.18
*100
Deo
81
*100.24
100.26
*100.16
Treasury
:
_
1
100.26
*100.24
100.18
100.8
101.28 July
; 100.11 July
*100.24
100.26
*100.16
Treasury
;
__
Apr
100.26
*100.24
100.18
100.2
101.33
101.8
*100.24
100.26
*100.16
*100.6
Apr
Oct
100.26
*100.24
100.18
*100
Apr
100.26
*100.24
100.26
100.8
103.1
..
100.26
*100.24
100.2
102.25
a
100.26
♦100.24
191,000
101.2
*100.24
*100.6
Deo
.
*101
100.26
*100
Apr
__
101.2
*100.24
100
101.20
—
*101
100.26
100.9
102.20
101.14 Apr
101.2
*100.24
Dec 1949-1951
—Mar 1950-1952
2s
2s
Treasury
10
*101
100.26
*100.7
2s
Treasury
—
101.2
*100.24
*100.16
Dec 1948-1950
__
Treasury 2s
—
102.13
*101
100.26
*101
Jun 1949-1951
—Sep 1949-1951
2s
Treasury
-
101.2
; *100.24
•
2'As_—Jun 1959-1962
2'As
—Dec 1959-1962
Treasury
—
107.18
,
J—_—1951-1953
1952-1955
—.—1954-1958
—
*107.15
*107.24
2'As
100.7
Mar,12
107.15
*107.15
Treasury
100.8
102.26 May 25
104.2
*107.11
101.26
2%s
__Dec 1964-1969
2%s
1965-1970
2%s
__1966-1971
2%s
—Jun 1967-1972
2V2s___—Sep 1967-1972
2'/2s
Dec 1967-1972
Apr
*103.31
107.15
107.28
Treasury
Treasury
Treasury
Treasury
Treasury
Jun
104.2
*107.11
107.19
Treasury
105.17
*103.31
107.15
*101.23
1
103.20
*104
*107.11
*107.24
10
1
21
25
Jun
104.3
107.14
*107.15
100.26 Apr
Dec
*104
*107.10
107.28
100.23 Jan
105.17
104.4
107.13
101.26
Jan
101
*104.1
*107.9
STOCK
EXCHANGE
107.19
104.4
Apr
107.9
*107.24
Treasury
Treasury
Treasury
Sep
Jun
May
May
Jun
105.4
*107.5
*101.23
101.11 Jan
7
101.19Junl4
100.26 Jan
T
100.24
101.12
100.27
102.26
100.23
*105.1
107.10
107.26
101.7
28
105.5
*107.6
101.27
100.24 Mar 18
100.23 Sep 17
100.16 Sep 1Q
102.19
*105.2
107.9
104.3
*101.24
101.18 Juu
104.15
*102.16
105.5
*107.5
*102.17
*107.22
Feb
104.10 May
102.20
*105.2
107.8
*107.14
Apr
;
*102.17
105.5
*107.4
107.18
104.24 July
Deo
102.20
*105.2
107.25
104.18
Dec
*102.17
107.7
101.27
104.23
Dec
102.20
105.5
*107.3
*101.24
Dec
101.24
Bonds($)
High
*107.21
Sep
101.24
Low
*107.14
101.27
101.26
102420
the Week
Oct. I
High
%
J-D
10
57%
60
57%
33As Series No.
25
33As Scries No.
26
33As Series
_
_
_
..
*55
57%
57 %
l
50
60%
57 %
l
48
60
55
60
59'/a
54
*55
6*1
Wertheim &' Co.
REctor
Members
120
2-2300
New. York Stock
Teletype
Exchange
Broadway, New York4
NY
Brisbane
Sinking
1-1693
(City)
fund
sink fund
SSAGtd
AGtd
sink
Akershus
fund
„._1947
6s
1948
(King of Norway)
coll
gAAntioquia: (Deptj
§ AExternal
f
s
4s
7s
1968
A—1945
series B_—
7s
§ A External
s
f 7s
§ A External
s
1945
f 7s series D__.
AExternal
AExternal
AExternal
f
s
sec
10-year
series
20-year
1958
5s of
'25--1955
!„
1957
64
60'A
65
60
75 %
65%
92%
40%
AExtl
34
31'A
40
external
31
40
48'
31%
40%
37
31%
38 %
AExtl
A-0
*32
39
31%
40%
A6s
A-O
*12
37
31%
40 3A
J-D
*94 Mi
97
73
99
90
97
103
J -J
101
100
F -A
101
i
90
90%
25
87'A
J-D
91%
91%
5
87%
93%
5
85
J-D
89
89
J-D
86
87
48
85%
92
1962
F-A
86%
88
31
83%
Q9
6'/2s
—1949
1
90 %
M-S
100% 100%
4
99%
s
f
6s_
1955
J-J
106% 106 %
5
106%
109
s
f
7s
1955
J-D
109 % 110
19
107%
114'A
_1941
J-D
*59
50%
62 %
S of)
external 8s
62
104%
Stamped pursuant to Plan A
lint
reduced
AExternal
to
3.5%)
f 6'/as of
s
Stamped
A-O
A-O
s
to 3.375% )„„1979
1
f 6%s of
1927—
45'A
45%
46
373A
49%
eo%
60%
2
50
62%
46'A
46%
2
37%
Central
Ryl
(Int reduced
J-D
A-O
60%
60%
60%
5
50%
A-O
45%
45'A
47%
26
37%
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75
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105
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s
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1960
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1961
A-O
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—
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——
2
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27
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——
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27%
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.
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1952
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1978
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3
38
49
45
45
1
37%
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59
60
2
49
57
2
bonds
of
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1944
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1
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58
58
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42
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58
*55
58%
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7
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33As Series No,
33As Series No.
11
33As Series No.
12
33As Series No.
13
footnotes
see
j.
1
_____
page
29.
61
60'A
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52
—
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63
56
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65
54
65
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59
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FOREIGN SECURITIES SPECIALISTS
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51
48
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FIRM TRADING MARKETS
'
r.
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—
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3%s Series No. 3
FOREIGN
61
.
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57
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48
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1962
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1961
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1957
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1963
1962
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1957
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102
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1957
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94
99
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.1979
to 3.375%)
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pursuant to Plan A
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15
J-D
pursuant to Plan A
lint reduced
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.
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1978
1926—L—_1957
v
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94
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assented
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60
59
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—1960
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:
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.
1950
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34
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:
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58
I
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__
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52
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.—1957
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§ A Chile
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t
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s
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28
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-
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24.
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Foreign Securities
J-D
J-D
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60
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60
*55
60
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2
58
•
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F'-Mny
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1958-1963
104.14
14
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._..__.1950-1952
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102.22 Feb
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_1949-1952
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108.28 May 17
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V
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17
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69
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1
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81
83
8
80 %
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95
101%
106
(Int reduced to 2.125%)—2008
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—1959
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f 6s 2d ser
..1961
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gold 6s._—
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a4'/2S
loan
s
f
7s
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reduced
to
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40
14%
17 %
17
16
;;
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5%
•*_L
17
*8
9%
: I'¬
7
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j-j
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ll
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---
33
;■
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to
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reduced
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1953
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to
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to
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(Int
1967
reduced
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to Plan
reduced
(City of)
Paulo
to
'
(Int
A6 Vis
—
®
--
26
7
21%
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2001
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1957
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23
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dollar
23%
10
34
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s
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B
J-J
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sec
1999
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29
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A-0
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3'is
page
29.
34
99
62
25'
52'%
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5
97'%
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.
84
87
29
82
94
91
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39
86
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%
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50
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65
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63 %
65
63
57
70
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31
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78'/4
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51%
50
51 %
273
45i/e
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70'/4
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1951
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97
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19
A-0
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119
5
94%
97 •%
88 %
100 %
•
—
123
94%
--
97%
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I___—1970
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1976
98
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•
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93
96
99%
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—
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88
100
>
•
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II
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series
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i
JJ—
..1961
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82
56%
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'
57
;;
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.1954
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'
17
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23
50
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19
27
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to
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1
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1947)
1st
5s
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86%
a
102'% 102%
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102
■
98'%
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;
96,%
98'%
88'%
88
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18
103
102
102
92
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86 Via
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6
95'%
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.1957
—.
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.1952
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.1955
1.60%
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gtd——. .I960
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60%
62
57
*100% 102
*93%
105%
—
95
—'
21
'105'% 105%
3
59
'
68%
100'%
102
88'%
96
105
107
Elec
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1st
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cons
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gtd 5s A^—1962
j-D
98%
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29
99
:102
a-.o
108
102
98%
103%
1
99%
10
108%
100%
110
102%
Ry—
Guaranteed
;
M-N
J-D
J-D
—1957
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112% 112%
7
111'%
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5s
—Oct 1969
A-0
107%
107% 107%
9
107%
109%
5s
1970
F-A
108'%
108'% 108%
6
107%
gold .4%s_——-1955
J-D
111-% 111%
1
110%
113'/a
gold "4 '/as_—r——1956
gold 4%S——1951
F-A
110% 111'%
23
110%
112%
106
107%
Guaranteed
40
!.
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Ry'4%
Carolina
f
'
&
109-%
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5
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fCentral
34
41
:
■;
35%
90
90
1
83%
90
75
2
67
4s—.11965
1——1-1.981
4s_—
Corp 3s debs._-.__-^——1965
Corp 3'/4S debs.—_l-_—..I960
Branch
of
1st mtge
73%
perpetual— —
76
*
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Georgia
Illinois
4s_—.1948
1995
ser A-.__i.-Jan 1 2020
ser
94'%
108
.
95
■'>< 45
108
82%
107
97'%108'A
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15
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68%
101%
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*100%
F-A
.*99%
J-D
76%
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99
__
100%
-
100%
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75
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P
J-j
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38
40
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Celotex
stk
deb
Clincbfield & Ohio
Carthage
39
46
32
—
J-J
gold
gold
*
31
26
28%
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gold
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Guaranteed
Guaranteed
>
27
—
B_
--.Jan 1 2020
J-J
66'%
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67
63
64 'A
May
74
74
76'/4
35
66
78%
54
55
40
481/2
60%
May
A-0
lT07%
107
Light 3%s_———1966
5s_—.1987
J-j
79%
76%
79%
197
37%
81
——1987
Q-J
79
75%
79%
220
35%
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64
67
44
32%
70
§ A Central of N J gen gold
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"
107%
'
75
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4,%
3%
10
12
8
7
-•
——
—
~
For footnotes see
50%' '
34
t
A-O
mtge
34
--
33
*26
^
2
37
*32
M-N
1958
Council
106 %
87
a-0
ser
&
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A4s
1962
1962
.1958
assented
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105'%
98%
93
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27
36 '/'a
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99
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28
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1968
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v
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31
33%
—
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2004
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—
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27
18
—1
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1936
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ref
4s
i
'
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22%
16
--
2012
2012
to
104
45
57
104 Vs 104 %
31
22%
30
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reduced
101
104 Vi
102%
i
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30
—
24 %
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2.25%)
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115
27%
21
3
41
M-N
1956
to
123%
106%
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'
M-N
1950
loan
reduced
115%
9
*103'% 104
M-S
mtge
'
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&
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27
—
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—1999
—
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(Int reduced to 2.5%)
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82
100
52
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mtge 3%s—
.1976
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i
■.
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—
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A
2.375%)
Stamped pursuant to Plan A
(Int reduced to 2%)
Paulo (State)
8s
Stamped pursuant to Plan A
(Int
M-N
J-D
.1968
32%
18
5/'.
35
21
J-D
gASan
A8s
.
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.1950
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I
27%
26 %
30
«
A-0
f
95
103'%
'
2.25%)
s
1995
—Feb 12010
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&
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A-0
2004
extl secured
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A-0
6'/2S————.,1952
8s—1952
to
121
121%
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102%
.
I
'
33%
—
(City)
reduced
due Dec 1
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Bristol-Myers.Co 3s Debs...
35
•
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121 % .1
1
95
77
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1st
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33
A
2.25%)__—2004
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101
100'%
2
contingent interest) —
conv
i
—1966
due Mar 1 199.6
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-July 1970
27
21%
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ASao
..1968
1926
to
'
99 %
116%
—
..due Mar 1 2000
1st
«
.!
27
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2%)—2012
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7s
1999
97%
91%
fixed
1st
F
33
23
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Plan A
2.5%)—
90'%
106 %
fixed
(2%
J______.
Consolidated
1921—_—1946
(Int
5Vc.
mtge 6'J
gen
stamped
Boston
13
23
F-A
SuF (State of)—
$A8s extl loan of
(4%
G—_—_—.due Dec 1 1995
Steel
Grande do
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mtge
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ref
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9%
30
26
F-A
A
2%)
B
contingent interest)
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i'
9%
30
A-0
—2012
—
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'
1st
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a-0
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2001
4
13
260
Ry—
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ser
Indus
i
17
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contingent int)..July 1975
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1966 stmp pursuant to Plan A" >
reduced to 2.25%)
2006
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1946
27
ne
a-O
2001
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.
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s
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—
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1947
1950
——1995
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i
32
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15%
a-O
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30
'
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10
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15%
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?v
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a-0
1940
1
assented
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109
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Bell
M-S
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M-S
—1958
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»
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86
Ref 4s series A
-J.
1980
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F
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1980
Toledo Cincinnati division
92
M-S
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of)
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123
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92
73
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5%
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sec
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77
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46
102
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95%
1
82%
~
90%
35
89%
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82
82
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r
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73
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1
1st* lien
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A
89 Vi
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93
102
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33
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and
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131
110'% 111%
111%
a-O
99
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mtge
26
22 Vi
-
..
94'%
86%
94%
71%
A-0
i960
100'%
80
.1969
—
mortgage 4s__—___-____i94H
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—1966
and
32
19%
3
97
25
104'% 105%
__
j-D
1
96
28
B
14
43
93
107'%
..1962-
Charlotte
1st mtge
(Republic) —
gAPernambuco
5
-
104'%
103%
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9%
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1970
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s
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19'%
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3
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89
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-
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.
105%.
a-O
1987
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29
93
M-S
(City), sink fund 4%s——-1955
7
COMPANIES
25V-8
103
92'%
94%
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.1957
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&
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•
80
11
5
6%
93
89%
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24%
23
29
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7
*—•.
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13
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__
M-S
1963
14
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1982
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90
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5
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__
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10
30
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92
70
15%
7
5
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—
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to 2.125%)—2008
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1957
(Kingdom of) 4%S——1956
%
18
lO'A
*6
M-S
reduced
80
100 Va 100 Va
F-A
—1961
--
30%
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86
24 %
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4s_—July 1952
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1964
9
*5%
Plan A
to
1966
Atlantic
37
M-S
1959
75
gold 4s.——..July 1995
1st
w
Stamped
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31
A
6%s.
—
debentures
conv
Atlantic
M-S
___
Plan
to
to
s
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2.125%)—2008
Stamped pursuant
85
106% 106 Vi
—
...1986
-
Atlanta &
-
A
a
25%
—
1
debentures
P
19%
34
33%
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103
.
M-S
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j-j
—1952
31
18%
j-j
85 %
74
INDUSTRIAL
__
A-0
1980
debentures
Products Co 5s
Atchison Topeka & Santa
12
J-J
5, 1942, agree. 1963
a
AND
A-0
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3s
23%
79
/
20 %
j-j
1913
Ass'td to Nov.
73'/4
*6
106 %
1956
'
conv
Amer Tobacco Co
103
2
J-D
5. 1942, agree.1963
gATreasury 6s of
96 %
12
j-j
1945
32
81
*9
J-J
4s_..1998
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24
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j-j
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82
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4%s._1975
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2%s
26
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agree. 1963
73
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__
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15
q-j
1942, agree.1968
21
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M-N
1972
gtd
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j-j
1945
121
82'/a
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78
25 Via'
M-N
1899 £—1945
RR
1st
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debentures.—
15
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25%
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&
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J-J
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1942,
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15
j-j
1951
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1953
&
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_
"l
103
M-S
1952
6%s
F-A
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American Telephone &
Telegraph Co.—
104
6'/2
7
55
—
7s
(Colombia)
9%
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j-j
—1977
7s
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*SV4
55
5b
for
3%
to
!
121
„
<>
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1947
'
81 Vi
M-N
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1952
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69%
38
102
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44 %
~1
8'/a
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102
j-j
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126
122
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53
51
10
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117
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assented
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53 %
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.—.1952
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124
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118
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—
18
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111%
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102 U
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51
1968
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—
44
17
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—
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82
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58
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41
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44
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—
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81 Vi
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Week's Range
Last
Sale Price
RAILROAD
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38
M-N
-
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Friday
BONDS
New York Stock
43
M-N
1914.. —1949
—____
Stamped assented
Loui
"43
F-A
j-D
1
1
38 Vi
A-O
1953
RECORD
OCTOBER
January I
No.
70 Vi
70'/2
M-N
25-year gold 4las
ACosta Rica (Rep of)
High
70 Vi
70 Vi
bonds—1970
ENDED
Low
A-0
-...Jan 1961
f
s
BOND
WEEK
Range Since
Sold
11
1928
external
Bonds
Bid & Asked
'
.
FOR
CHRONICLE
Week's Range
Interest
New York Stock Exchange
l"
i'
FINANCIAL
85
8%
9%
90%
New
Pacific
1st &
.
'
,
—ill-—
ref
York
1st
series
mtge
3%s
1
ser
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100%
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2
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F-A
101%
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11
101%
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ref
A*
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1st
1987
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8
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103
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1949)———1974
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F-A
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F-A
J-J
104
98%
98%
99%
96%
104 '/a
101%
98%
96
102
104%
100%
Volume
Number 4739
163
"THE COMMERCIAL & FINANCIAL CHRONICLE
(1383)
27
NEW YORK BOND RECORD
RANGE
Friday
•;
g.-«V« I
BON D„
(f
'
ENDED OCTOBER 1
Week's Range
Interest
Last
Period
•,
Sale Price
Npw York Stock Exchange
FOR WEEK
or
Friday's
Low
•
High
Friday
Bonds
"
Bid & Asked i
Range Since
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'■
No.S:
.
L010
Rei
;
&
Ref
r.-
&
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124
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15
35
1st
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El
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For footnotes.see
page 29.
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18
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1
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.
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;
37
96 V
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1
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:
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1997
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1975,
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85
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1964
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1974/
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•
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102
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Lehigh Valley Ry Co NY 4%s ext_1950
m g
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141
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/
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81
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76
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2
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.
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Koppers Co 1st mtge 3s__
1964
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:
1959
110'/a
13
101% 101%
49
67%
97%
J-D
>
3%s series Bt.'/-___;____(1968
Kansas City Terminal Ry 2%s____1974
"Kentucky; Central gold 4st_/_
1987
Kentucky^ & Indiana Term 4'/2S^__1961
93-
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132
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97
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V
85%
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1976
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1st mtge
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95
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88%
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77
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J-J
.
gold 4s____1950
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1956
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1972
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97
A_____^__1963
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series
Indianapolis Union Ry
Ref & Imp 2%'s ser
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77
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ref
ref
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1951
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&
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1995
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1955
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103%
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Springfield
,
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1952
gold 4s_________1953
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Lehigh Coal & Navigation Co—
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Div
Gold
111
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1951
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332
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v
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Duquesne Light Co 2%s_________
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./ 85
1970
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93
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1982
Detroit & Mack 1st lien gold 4s__ 1995
A Second
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Detroit Edison
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s
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Illinois
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1978
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Finance
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Day.toiv Union Ry
^
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deposit rcts_i______1946
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V
inc 4s
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Corp
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St Louis Div & Term
%
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A6s
;
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30
,
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1982
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.
106 Vi
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■
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ref
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102 V8
8
103 Vi 103%
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88
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1959
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161
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1990
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—
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-
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1961
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1950
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1949
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1961
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--
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1977
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75
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1952
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100 % 100%
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102
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Great
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94
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'
82 %
Janj1983
&
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January 1
1st cons mtge 3%s ser F_^.__:____1990
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»
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s
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__
120
J-J
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ref
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Bid & Asked
Low
130%
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16
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Chicagp Turlington & Quincy RR—'
General
Week's Range
or Friday's
Sale Price
High
121
••
99%
98%
F-A
J-J
"" 2d consol gpld 4s-__i,___—_—1989
Last
Period-
.
Erie Railroad Co—
M-S
(
...
impt mtge 3 V2S D_:—____1996
A
&
____1992
Interest
I
New Yurk Stock Exchange
Chesapeake & Ohio Ry—
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D's.
B O N
January 1
•
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—
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66%
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_.
71%
.
15
—
100
84
96
82%
95
60
71%
67
75
28
THE
'(1384)
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, October 4, 1948
NEW YORK BOND RECORD
RANGE
Friday
Last
Period
Sale Price
Electric
4s
ref
stamped
Lorillard
*35%
39%
38 Vi
26%
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39
40%
8
30
38-
38%
3
43
72%
-
42
71
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43
23
72%
17
108% 108%
Gen
4s
99%
101A
Ref
&
:——1949
MS
100 Vi
162%
Ref
&
lOOVe
102
Ref &
110V4
Coll
MS
,1949
—1951
♦lOOJi
F-A
108 %
—
108'A 108%
10
17
160%
105%
lOS1/*
A-O
ioiy2102
M-S
106% 108%
107%
1978
MS
M
3%s
series F
2003
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96%
87
1st
&
ref
M
2%s
scries G___~_2003
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&
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(R H)
1960
1954
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Manati Sugar As sink fund-^Feb 1 1957
*98% 100
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A
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i
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—
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May Dept Stores 2%s debs_______: 1972
>
85
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13
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Af-N
1950
1997
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M-S
116
106
108
->
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99
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88
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101
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97
96%-
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68
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13
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103
61
1
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,
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61
v
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trust
102% 103%
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Jan 1 2047
Stated
96 %
65%
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92
100
40
92%
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92
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3
1st
1975
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1974
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1975
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50
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i
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_1975
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98
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99
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96%
♦96
J-J
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101%
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101%
98%
A-O
195JL
M-S
85%
129
,
109%
111
94%
70
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1966
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Metropolitan Edison 1st mtge 2%s,. 1974
M-S
.
49
127
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—
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67
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85
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109%
46
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127% 127%
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101%
97%
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73%
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106%
4
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&.Co 2%s debs—___ 1972
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84
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1974
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.
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.
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registered
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ref
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January 1
102%
9
,-1963
.—1966
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series A
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3s
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Sold
No.
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General
/
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ref
lien
MS
&
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&
Prior
_H1949
100,54 100/4
inc__—2014
conv
Ry 1st gold 4s_1996
Central gen & ref 5s_„—1974
Northern
34
11
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St
mtge 5s
78
121%
Bonds
Friday's••.
or
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M-S
—1966
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47
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,
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.
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Power
Southern
42%
'
121
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Norfolk
40
'
36%
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Last
Period
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38%
29%
A-O
1952
.
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27
53
Af-N
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Week's Range
Interest
:
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A
gold 4s
&
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t
.
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•
107
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'
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38
•
107
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37
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Af-N
■
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Niagara
Af-N
2003
—;____i__2003
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—_____'_2Q03
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Lehigh Valley Terminal Ry ext 5s_1951
Lexington & Eastern Ry 1st 5s—__19G5
Liggett & Myers Tobacco 5s
_1951
Little Miami gen 4s series A______1962
1
Friday
Friday's
or
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Low
Lehigh Valley RR—
4s stamped modified
4s registered
OCTOBER
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Interest
fBONDS
New York Stock Exchange
FOR WEEK ENDED
101"
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101^
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,i.
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———-----J 1952
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J-3
'
85
/ v
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5s
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72
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.
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.
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-
series
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series
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Pacifio RR
:
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1978
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gold
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A
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1 .1955
series B_-_—; .1955
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1986
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333
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56
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75
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Gas
1986
90%
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w
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1952
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deb
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series
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8
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64
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—
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90
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99
4s
J-J
A
2007
:
;
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&
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N Y Power & Light
ref
1954
4s
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1st
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gold
ertd 4s
5s_—
98%
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99%
28
v
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98
89%
99
1993
1981
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1981
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197
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67
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106
107
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3%s
1975
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20
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91
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—
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1
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117
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116
99%
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105
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106 '
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1977
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117
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1964
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109
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1972
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100
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89
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1964
105
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40
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1960
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93%
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91
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1957
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97
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1978
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.
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1
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page
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84
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67
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76
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63
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12
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1974
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1973
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83
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1998
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112
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1964
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81
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98
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1956
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106%
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•
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20
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—
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—1983
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series
■
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5s
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1965
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Peoria & Pekin Union
;
---1952
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_l
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88%
•
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1,
—1970
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mtge 3s
1965
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11
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1952
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s
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1949
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Pennsylvania Power & Light Co—
89%-.
72
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98
92%
i
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100
•
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A-O
1978;
Gtd 4s series-E
46
267
:
:
•
108%
100%
;
••".'3: '
95
*
; v ,l06
.
9
.
14";' ' 99%
' 100 %
98
92 v* V
5
9934
,
vi 100 %.
•94%
V
A-O
1987
Passaic G & E cons 5sPennsylvania-Central Airlines—
•
>100
J-D
3-D
Paterson fic
71%
-80
:,ioi % ioiy2:
3-D
—
AIncome 4s
Nashville Chattanooga & St
1st mtge 3s ser B____._
1981
i
;
100% 100%
-
99% 100
1980
debentures
:■
106
106
„
100
debs______ 1985
2%s
s
rl06
J-D
"
85'A
M-S
•
47
84%/85%
V
261/4
A-O
F-A
Essex
61%
35
46'/4
84 Vi
'■M-N
Manongahela Ry 3Vis series B— 1966
Morris Ac
61
2
•i
84 Vi
-M-N
y
1977
___.
series
Tel
&
Paducah & 111 -1st
69 Vi
4
63
44
.-451/2
MS
1949
KL—i .1980
:
F-A
•Moh'k A Malone- 1st gtd
gold 4s—L 1991*
•Morrell .(John).-«te
63
71%--84%
30
-
d68 %,
MS
1978
series
series
:
F—1 1977?
ser
gold
ref 5s
-76
65 :
65%
d681/4-72 %
4 —i
A-O
1975
AConv
2%s
ref
Tel
Pennsylvania Co—
1965
General
Alst .&
73 Vi
*-'
Co—
1st & ref 5s series A—___
A
.
•76
J-3
A
..
J-3
.
1962
J-D
______
& ref 3s series N
3%s debentures
79.
!
1— 1962
A_
B
100 %
L
"
3-D'
RR—
series
series
J-D
ref 3s .series
1st Ac-ret 2%s series
•
*
v.
1974
<fe
Pacific
93%
49%
40
-101Vi
>ist-&
•
1st
100%
J-D
;lst
101%
-98%
117'
"
*99% 100%
'
66
J-D
1971,
1st
96,\
>100%
*51%
J-D
1970
Lst & ref 3s series K_L
..
1966
1st & ref 3s series
106%
v
A-O
1
-
/Wist & ref 3Vis series I—
87%
.
103%
67
*103% 104V2
A-O
1
.Missouri-Kansas-Texas
Pacific Gas & Electric Co—
uv 102%
-lstrdt ref 3s series M_^_i_^_.—i 1979
64
;103% 104%
Af-S
Minnesota Mining & Mfg 2%s__i.i. 1967
Minn ,8t,Paul «fc Sault 8te Marie—
!!
•
MS
-
-
99
83 %
Af-S
•
100^/4
100%
*101 Va
r
J-3
C—_-v.i 19f79
Michigan Cons Gas 1st mtge 3 Vis.. 1969
1st mtge
2%s ;
—
;
-j 1969
1st mtge 3%s
1969
,J§.AMidland of N.J lst.ext.5s__' _lj 1940
..*100%
r
i
.
'
Volume 168
Number 4739
'
COMMERCIAL
THE
*■
FINANCIAL
&
CHRONICLE 7
(1385) "29
.
NEW YORK BOND RECORD
RANGE
Friday
' 7 "
Stock Exchange / ^ >
f
New York
OCTOBER 1
Friday
Week's Range
Last
Interest
Period
;
BONDS.
WEEK ENDED
FOR
Sale Price
Bid & Asked
Low
Range Since
Bonds
Friday's
or
•
Low
No.
Pacific
J -J
A-O
J-J
..1996
1955
gold 6s -—.1—j.
Mt & P 5s stamped
Louis-San Francisco Ry Co—
2d
St L Rocky
St
.
series A_._-.__,——.1997
v A2nd
mtge inc 4%s ser A—Jan 2022
St Louis-Southwestern Ry—
".1st 4s bond certificates—
,—1989
1st
84
*97
•
Vi
84
,
61
93
89 Vi
103
»
Union Dept 3'/aS B_______1971
*100Vi
____1989
M-N
*127
V
fftd 4s
N E 1st
&
A
Shell
2Vis
Oil
Union
tSASilesian-Amer Corp coll tr 7s__1941
1976
1963
,
1979
94 Va
31%
35
debentures;.!—L_;_—1985
Pacific
4%s
Co—
'
-
v
.Yliv' lcf",flrAMr "Ptc
10)
101%
93%
12
91%
10
95%
1975
80
'2
76%
88
.92%
104
'87%
:>99
99% 100%
93%
91 Va
92 Vi
59
conv
debentures——1963
1st gold 5s„ 1949
1st gtd 5s
2003
5s
—1958
.
A-O ;■;*,
96V'
—1995
M-N
RR Co—
Walker
Ward
J-J
■
".76%:
90"
80
__
..
"8'
a
f
94 Vi'
'
;
120
'
debs
95%
95
."
'
110
108%
v
109
102%
'I
''
•
95%
.
51
^...
&
—
J-J
si
92%
J-J
Va
98
: *"
M-N
■
•.
""I
;
■■.-
__
-_
.
..
i
!
105% :'
•46 Vi
;
i
&
*115 Va
:r
102%'
92 Ve
104 Va
I
A-O
•
17
■'
„.
'98%'
100 Vi
100%
..—
-j
95
'V I. .95-;.
8
91V*
37
V
103 y2
.
,
101%
J-J
1985
income 5s_„.i——Jan 1960
I
2%s debs„.,..1961
.'21
M-S
-,b
"|
'
—2361
4
.
42
<
.4
----1968
debentures
3s
{
V
2%s
M-N
95
•
__
M-N
C
__
M-S
102
103%
-
100V/a
100%
103%
111% 112 y»
93%
*96
97%
-102
102 Va
14
J-J
.1960
72%
•72
73 Va
105
72
94
•
;
101%
•:
J-J
1949
deposit—L_.
37
M-N
'
•
75%
64
72
•
20
70
73
38
72
24
19%
43
'
J-D
-93%
93%
103% 104%
96Va
93
10
J-J
40 V»
-30
Public
j-
2s/aS__. .1976
Electric Power
3%SuL
Service
.1971
5
"
■i
101
'
';•■
!»V ••.
«r
105
103
I
'■
".4
».v
_■
v >■'
Afv
y
v,
*
A*1-
■;v:
Yonkers
Elec
Lt & Power 2%s_
1976
"*93
J-J
94
,
'92%
;
v
94
101%
97%
.
.
96
a
Deferred
in
sale
not
year's range,
the
in
n
included in the year's range, d Ex-interest,
e Odd-lot sale
Under-the-rule sale not included -in the year's range, r Cash
.
year's range,
;' §Negotiability, impaired
109%
100
delivery
the
included
by
y
maturity.4
"""V;:
."
receivership, or
such companies. V
Bankruptcy Act, or securities assumed by
101%
103%
♦Friday's, bid and asked prices;;no sales being transacted
101
ABonds
96%
reorganized under Section 77 of
fCompanies reported as being in bankruptcy^
the
flat.
selling
not
sale,
Ex-coupon.
101
98
■
—
'
v
99%
100%
101%
160
*
101
;
96 Va
100
101
98
s
-
103%
__
94%
101%
96 Va- -96 Va
96%
102
A-O
;
102
99 Va
__
J-J '
.1958
102
■14
,
"
.1967
V
'88%
•>'
-76
100%
N:.. *10135
__
J-D
'95
80%
-
100% 101
100 Ve
J-J
,
~
>.
99Va 103%
'■'•'
119 >
if.-100%
M-S
59%
67 Ve
101%
97
;?
13
-
-
Q9
*103
•
>•
V
'-•37
-
101% 102
->
V
V J-J
■
64%
>
106%
96% ,'97 Vi
of
91%
"101
101
J-D
——1970
debentures
96% :"
J-J
Union Oil of Calif 3s deb_-._i__.1967
.
A-O
89
<
109 •'
57%
J-J
—_
1st 4s
Central Ry—
102 VJ
J-J
_1971-
Wisconsin
85
97%
106% 106%
__
100% 100%
-101% 102 -
U101% 102
101%
M-S
107%
59
-
4
-
-
May
—1973
Wisconsin
102.
101
101 Vi
*96
•• h
.
*99 W
>71%
13
_
12
66%
64%
■
101%
3
__
__
65%
.64%
ACertificates of deposit.—
98 V*
■57
542
■»
.•
100%
M-N
.
"l936
§ ASu & Du -div & term 1st 4s__
127%
rVW.--^
8k
.
•-107% 107%
106%
>
§ Alst general .4s__—
100%,.:
94%
38
105%
M-S
A-O
109
107%
IB
>-.f
mtge 3% s series D—
& Co 1st mortgage :3s
$ Wisconsin
•
M-N
2%s_:_L—1975
101
;
38
65%—
ACertificates
121%
*
M-S
i
Wheeling & Lake Erie RR 4s—1— 1949
.1992
Gen & ref M 2%s series A
!
U
•'
trust
55Va
98
:107% 107%
__
J-J
2%s. debentures.—;
106
--88%
'
73.
44 Va
A.
*100%
M-S
Electric Co of Mo 3%s_____1971
mtge As-coll
99 Va
47%
-*106% 107
JrD
\
•2.65s conv debentures
included
1st
*■'•
105 Va 106
IstsAs. guaranteed—^2361
Shore
not
i'
107%
J-D
Unions-Telegraph Co—
V>\
Funding &• real estate 4%'s___'_1950;
>: 25-year gold 5s—
1951
30-year 5s
ii
—i__1960
Westinghouse.- El & Mfg 2.V8S——1951-
101
.92%
svIV/14'
100 Vi 100%
J-D
1949
.,•■
102
.72% :_.72
43:; *;'■•. v 42
A-O
Tol & Ohio Cent ref. & impt3%S—1960
;.
97%
103
.105%
Western
,
...
.
£t
102
V-
J-D
J-J
93
124
124
,,101 ,,101%
-
Orleans •3%s__1974
'■4 I
95%
*92
„
1241-
J-D
Third Ave Ry 1st ref -4s^_..ut.a__.1960
Union
85
"■
—
Registered
;..
116%
114%
98%
104% 104 y2
A-O
1990
2000
5s
94,/a
90'/a
),
A-O
Westchester Ltg :5s stpd gtd—_—1950
Gen mtge
3M>s——
-1967
West Penn Rower 3VzS series -I
1966
100
95 %
(
•
•96%
97
; 3
.
—
98%
M-N
«>;
98%
90 y2
M-N
r
53%
'
i..98%. 98%
95% 95%
ft-/y.;.*99%.l«q%
A-O
3%s iSeries B_v_—1970
Pacific—
*97%
M-N-
-
98
Orleans RR—^
1st As ref M- 3%a. series iC...
& Pacific 1st gold Ss<Gen & ref M 3%s series
100
,
57%
100%
3
,.
.
•i
.
40
93%,
V"
93 % : '97%
102%
,
J-J
&
Texas
85
90%
98
,
io4%
<
7
:
102% 102 V*
■
•
F-A
■
imp M 4s series C;__
2019
imp 2%s_. series -.DiA
11985
Corp 3s deb—
..—1965
Texes
75%
53
Winston-Salem S B
Texas
74
81
97
F-A
1st Tef
83 Va
81%
81
■
•ry Western Maryland 1st mtge 4s^.^_^1952
Western Pacific 4 '/2s inc A-_._Jan 2014
Terminal RR Assn of St Louis—
)•:•
100%
97
*80%
Apr
F-A
1st
Tri-Continental Corp
47
101%
93
8
95
Apr
(subordinated)-——1970 ;
Wilson
Gas & Elec 1st gold
94Va
96
:
>
109
Apr
Wheeling Steel 3V»s series C—;— .1970
Trenton
95
gtd gold 3V2S—2000
•
113%
103%
■;.
*102% 103Va.
.
;
M-N
-,197? K
"1 AAdJ
100 ;a
..
Co—
t
Warren RR
-West
98
105
9
.
'
__:;4.:.:':;n02.%.l«5'
i.-Apr
-1972
2%s
Term RR of- New
99%
1
'
89%
: 91%
34
*106 Va 107 '
;
A-O
■
Texas-Pacific-Missouri
112Va
104 Va
Washington Terminal 2%s ser A__1970
.
: *
84%
112
19
T
.109
'109
lU'/a U2%
112
•
'
•
Af-N
.
—1966,
ref M
103
__
93
93
99 Va
94 Va
107%
49
99'/a
♦104%
A-O
-
■J
-1966'
.'-1971
<k
99 Va
99%
,
101%
__
109 Va 109 V8
J-J
(Hiram) <3 & W 2%s debs_1966
Baking
SV^s
?s%
7
96%
95%
•
r
._
A-O :V-r
.
.1996
•
-2013-
1st
105
105%
12
96%
*101 Va
109
M-S
Iron Coal & Coke
eons
96%
A-O
Walworth Co .conv dehentures 3 V/4S_1976)
102
I- 'V 5
7''~\ 2
84
_
.
't A-O
.1956
84
r
81%.
81% 81%
91% .;. .
91% 91%
_113
-113
114 >'
'
,
'
,
♦104
—
M-S
Gen mtge
84%
>84%
•
_1985"
New
105
105%
*
M-S
Gen mtge 4s inc series A
Jan 1981
inc 4y»s series B__Jan 1991
1st mtge 3%s series B
1971'
99%
92%
__
,'J" ,
j-j
•
..1983
Ref
97
M-N
—1978
2%s series E
ref mtge
Wabash
■I;
96%
97
100
—951- •j-j
Ref
97'%
22
86 Va
W
•>
102%
98%
93%
J-J
.1956
PV**VM.
6Vis series Ar-i.
gen
93%
81
81
■
124
92% V.;
J-J
..1956"
] •V ' MAtTfnhio
Devel &
95
94%
'
MS
96
122 Va
120
.
.
.J-J
•
_199^
VO
99
91
:
.1961
'..jjLU-
94
96
92
56%
J-D
.1996
W>
87%
97
*93 y2
'
—
90
*91V2
101%
91%
79
...
M-N
,
f
.1986
TV*
28 V8
Vfi7%
97
99%„.:
M-N
___1981:
—_
RR
F-A
Virginian Ry 3s series B
-
San Ft Term 1st mtg 3%s ser A.1975
Pacific
8
93%
97
M-S
1969
4ViS
Gold
series A—1955
i_—.——1957
f 4s series B
s
&;
1st
36
„
101
J-J
j'J •■;
: '
r
A—___1977
:*
Co—Y\v'
(Oregon Lines)
Southern
96%
47
93 Vi
*121%
J-J
2%s_-__i___.1994
Indiana Ry
Southern
-'Gold
92%
F-A
1987
Southern
A-O
89%
*96%
*
t
_
debentures
4Vis
93 V*
97
92%
45
99 Va 100 Ve
100 Va
J-J
debentures
—1967
1959
Va -& Southwest
72%
92%
95%
Tel Co—
&
Tel
*
—■
1st & ref mtge 3s series F
'
Va
102%
61%
98
72
93%
A-O
Bell
Southern
•'1st
127
.
98%
15
100Vi
*94%
J-J
J-D
2%s
127
1st
;
102%
loo
__
70%
71Vi
F-A
1965
Socony-Vacuum Oil 2V28~_
South & Nor Ala RR gtd 5s._
.'2%s
II
,
100
A-O
Skelly Oil 2%s debs__;__—___
3s
Cons
3yeS
& Sons 2 Vis
1966
debs—_____.1971
(Jos E)
Seagram
—
M-N
Virginia Electric & Power Co—
J-J
J-J
J-D
series A—
—1996
Gen mtge 4%s series A__„ Jan 2016
1st mtge 4s
27
—
A-O
3%s debs
RR cons g 4s
Vandalia
Air Line RR Co—
Seaboard
M-S
1966
-1976
debs___'_^
2%s
Rubber
Universal Pictures
I
99% 100
Paul
Scioto
102%
;
80 Vi
J-J
J-D
A-O
96%
)
•
,
10
i
65%
93
*86
4s
inc bond ctfs—-Nov 1989
Gen & ref gold 5s series A——1990
St Paul & Duluth 1st cons gold 4s_1968
St
51%
166
109
..103
High
98
No.
High
1
98%
102
1976
2%s debentures.
j
•
102 Vi
S
U
i
"'
89%
"
-a
■
Low
98
F-A
—1991
series C
2Vis
mtge
United Biscuit 2%s debs—...
•
100
80
81
61 Vi
85
99%
,
85
59 Vi
79 Vi
January 1
.Sold
Bid A Asked
RR—
debentures.
Ref
100%
75%
85
100
-
M-N
J-J
2d
r
78
.,85...
••
-
96
70
15
98'/a
*70.
—
J-J
May
4s
mtge
98 Va
M-S
3s series A-
Range Since
Bonds
Friday's
or
<
Sale Prjce
High
2%s
1971
1st gold 5s_—...1996
& Adir
Lawr
St
Week's Range
Last
.
Period
./>,
Low
Union
Saguenay, Power
Interest
:
...
.
New York Stock Exchange
January 1
Sold
High
BONDS
•
;
)
:
.
v ( "
,
during current week.
>
.
* :
'
; •
-1
•; i
■
ft
u,
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
in
a
footnote
and
deferred delivery
in which
week
in the
sales
they
occur.
following extensive list
In the
AND
we
furnish
a
Last
New York Curb
Sale Price
Exchange
;
ACF-Brill
Acme
Wire
Aero
10
;
Inc
Supply Mfg__—
1
*
5
...1
:.
Agnew Surpass Shoe Stores.:
Ainsworth
Mfg
common...:
Air
Associates
Air
Investors
Inc
Mfg
J)
common
34
Friday
common
preferred
Va
•»'„ 1
35
Jan "
6V4
500
4% Mar
r
7Va
iFar
Bantam Car Co class A..;_l
Beverage common—______ 1
American
American
Mar
American
Apr
American
Cities
2V4
800
700
10'/a
6%
6%
100
3
100
3
10
36
Jan
Power
6% Aug
3 Va Mar
Class
6% Aug
American
Fork & Hoe
American
Gas
Sep
14%
6V4 Mar
9%
Feb
Apr
%
%
Jun
Jun
Jun
Apr
3% May
38
1%
3%
Jun
4% %
B
——.—
Electric
Alabama
Great
Alabama
preferred —
American General Corp common
-$2
convertible
$2.50
Jan
American
Hard
Alaska-Airlines
Alles
&
Fisher
Allied
Products
Bros
Aluminum
.$3.75
Co
lMich)
of
America
Aluminum
Goods
Industries
Aluminum
Ltd
Mfg
see
Feb
87
Jan
'
.-
common
page 33.
94
3Vo
3%
3,900
2%
Jan
47/a May
Sep
7
3*/4
17%
—5
17 %
150
•
17
Sep
14
Mar
4,200
91
200
89 %
23%
23%
100
22
8
50%
48%
50 y4
3,800
36
22'/a
Apr
22
Jan
Va
2%
American
25
Jan
American
Sep
13
Jan
Amer
Mar
56
Jun
$6
1%
July
113% May
•
Feb
3 Va May
40
Jan
43V2
Jan
21%
Jun
—.20
30%
30%
30%
400
29
Mar
32%
Jan
19%
X18%
20%
15 Va
Feb
20 V*
Sep
30 V*
July
32 y8
Jan
18
Jun
Feb
7
Jun
Feb
27
Mach__
11,700
.-^-25
Mfg Co common.—
Co_
4%
Seal-Kap
—
common..
Superpower Corp common
preferred
10
-2
10c
3%
200
15
14%
.25
Co.__—
Products
Republics
series
40 V*
Feb
Sep
36'/a July
16
Feb
■
4
4%
19,800
3
36
Jan
Sep
36 Va
Jan
%
—
38
Mar
28
350
27
26%
27%
21 Va
2,000
3,100
26%
20 %
:
100
27
21
3%
300
13
8,400
u
58 Va
60%
Sep
Jan
Sep
43
3%
27
,•
51
43
27
,
14% Feb
17%
~~
—
Jun
1,000
19% May
16Va Mar
31
107
Jan
Jun
32% July
--•
-.1
1
__2
American
Meter
Co
—*
American Potash & Chem class A
*
Class
B
______—
-_-*
May
2%
7%
5Va Mar
Jan
25
Metal
69
;
600
8,500
625
90
Aug
300
Maracaibo
98
38
75 Va
16%
American
Aug
17%
107% 108
2%
16%
American
Mar
54
^___*
3% May
17%
400
IV* Aug
1% July
Co—_____1_25
preferred
American
6%
1% Aug
Trac common.__.25
Light
Feb
50
50%
90
53%
_100
*
Apr
May
6%
37%
38
1
r-t 0
79
79
High
Low
2,300
2
1%
I
6%
Range Since January 1
High
34%
Laundry
American
6%
Shares
34%
preferred
Rubber
&
1%
Sep
4%
3Va
._*
—
common
For- footnotes
79
25
common...*
cumulative preferred;-,
Aluminum
10
92
Corp—1
common
common.
101 Va May
97
92
1
Investing
Feb
97
1
Inc
Internat
5%
.100
pfd
common
Allied
Altofelr
4.20%
7Va
__10
___100
10c
preferred——
convertible
Jan
8% May
50
Southern
Power
6%
3
Appliance
200
com
for Week
of Prices
Low
17%
common
Electric
&
American
Air-Way
__100
& Light—
1
Co
Book
Sales
Week's
Range
V(."
'
10%
37%
5% Mar
3Va Aug
31%
40
10%
3
3% May
Sep
Vi
1%
37%
Sale Price
High
Low
300
4
34
Last
New York Curb Exchange
Range Since January 1
Shares
High
2 Va
10%
2
Corp
34
5%
10
___50c
__10
convertible
60c
(N
preferred
Convertible
§Aireon
3%
!_1
Hat* Stores
Adam
1
common——:
Co
>
OCTOBER 1
STOCKS—
i
Alloys-- —
Aluminum
Acme
of Prices
-V
/
.
Sales
warrants
Motors
FOR WEEK ENDED
for Week
Range
Low
Par
,
RANGE
Week's
.
Exchange for the week beginning on Saturday,
It is compiled from daily reports of the Curb Exchange itself, and is intended to include every security,
'
Friday
weekly range are shown
week, and when selling outside the regular
complete record of the transactions on the New York Curb
Sept. 25, and ending the current Friday, OctM.
whether stock or bond, in which any dealings have occurred during the current year.
STOCKS—
RECORD
YEARLY
disregarded in the week's range unless they are the only transactions of the
No account is taken of such sales in computing the range for the year.
are
18% Mar
3% Aug
-
27 Va May
5%
Jun
*
800
% Mar
A91L
Vph
1% May
62
July
30
THE
(1386)
COMMERCIAL
NEW
YORK
RANGE
Frliaj
preferred
5%
American Writing Paper common
Anchor Post Products
5%
Low
47/a
300
43/4
5%
2,200
5%
53/4
300
8'A
500
13*4
13%
Apr
Sep
Sep
53%, Feb
150
13'A
Sep
2%
Sep
8%
Feb
2%
27/«
100
9 %
10%
1,500
160
98%
,
103'/a
103'/a 1033/4.
Associated
Jan
108% May
Sep
Feb
6 % May
83/a May
6%
5*/a
6%
6,700
4%
Feb
8% May
'
18%
107/a
113
16%
200 *.
•
10%
185/a
•
v
20.
700
4,000
103/a May
10%
____—£1
rets reg
of America
6
•
It
*
•
12*/4
~3'A
3%
~5%
57
47/a
26 3/4
—.—1
26 %
—50
warrants
_
Corp
1
il
Jun
Colonial Sand
12%
75
3%
500
58
125
5%
263/4
1%, Jan
6%
Feb
5,800
2% Mar
52
Mar
33/4, Feb
17
Jan
Commonwealth
64%
Juii
1,400
24%
Feb
4%
200
4%
Jan
6 3/4
Apr
4%%
1,500
63/4
Feb
9%
Apr
4
& Sons common
8
12 %
8 %
preferred
Ayrshire Collieries Corp com
28
24%
Feb
26
July
1
15 %
Feb
27
Jun
500
10 % Mar
16% July
B
Babcock & Wilcox Co
Baldwin
7 %
-—•
603/8
SO
Rubber
Co
4,100
45
Feb
66%
Sep
9
35,
8
16%
16%
Basic Refractories Inc—
1
53/4
53/4
Baumann (L) & Co common.^
Beau-Brummel Ties common
(AS) Shoe Corp
Bellanca Aircraft common
663/4
Sep
Copper
Mar
14
Jan
Jan
11
Jan
Benson
it
14*/a
14%
38
3%
81 Co common—;
Bridgeport Gas Light Co__
Bridgeport Oil Co
Oil
British American
14 %
33
25%
167/8
7
;• 7,
850
30
17%
1,500
7%
900
13%
13%
100
•
-
7
22%
22%
50
10.
11%
2,400
10
9%
900
300
8%
I_
26%
200
5%
4,200
5%
ii3/a
2.50
21*4
21
100
1,600
Jan
14%
Apr-
18
Jun
July
y^/uly
15
%
*.12 %c
1%
2%
Jan
23%
Sep
3/4
American dep rets 5%
Calamba Sugar Estate
Calif Cotton Mills Co
Tobacco
4%
Sep
2
27% May
5% July
Feb
12
May
25% May.
17% Mar
32
Jun
31
July
5%
Sep
5%
Sep
900
16
Mar
243/8
13
Mar
17% Jun
1% May
3% Jan
14,800
2%
2,500
100
45/a
300
%
1%
Feb
Oct
10%'July.
13%
Jun
Sep
-
,
n..
I
73/4
73%.
100
63/4 Mar
8 % May
2%
100
2% Mar
4% May,
18
-.e,
8
100
common
Davenport
Day
Mines
Inc
A
Carnation Co
_IHZf
Kennedy Inc
1
-
dep
common-.
Amer
rets
A
•.
ord—:
common
Castle
A
I-
;
-
1
; ■'
3%
25
1,100-
48
I 109% 110
3%
10
48
„_••
——
35
20
3%
Apr
Feb
18% May
10
53/g-
53A.
600
2,100
293/8
721/4
4%.
2,500
1%
13.
33%
,
;
33%
1
8%
.
I"
•3.50%
preferred
100
i
Central Power A Light 4% pfd
100
Central A South West Corp.
_5
ICentral States Elec 6% preferred—100
7%
preferred:
100
Conv pfd opt div ser
_
Conv pfd opt div ser 1929
Century Electric Co
74
Sep.
Sep
Jun
Apr
6
Jan
53.
Jan
110%
Jun
6 3A, Jan
Derby Oil Co
837/s
83%
84
10%
IO3/8
IO3/4
8%
70
100
8-
10
1
Charls Corp
common--
Cherry-Burrell
common
Chesebrough Mfg common
Chicago Rivet A Mach
For footnotes see page 33.
68
73/8
100
common
Cessna Aircraft Co common,
Chamberlln Co of America
17%
'10
Sep
l3/a
7%
4%
Sep
Jan
10%
4%
8
11
53/b
Sep
73%
Sep
900
16%
Feb
823A Apr
14,600
8%, Feb
8 %
Sep
Jan
10
,4
90
Sep
90
54
Feb
86%
6
Sep
21
Detroit Gasket
it Manufacturing
Iron Foundry
Detroit Gray
8%
Sep
11%
3*/b
Jan
13%
Jan
6
May
15% May
6,000
50
I
125
1
41/2
Apr
97s
Feb
46 ;
:
4,400
May
Jun
56 V2 May
53%
Jun
Feb
1%
Jun
Feb
10%
Jun
6%
200
6%
1,100
14%
2%
.
__
14%
2%
900
%
17%
9%. May
Feb
2%
163a
Sep
3
Apr
35
Apr
17%
2,300
10
Jun
20 3 4 May
16% Mar
102% 102%
1003/4 Mar
.
7%
7 Va
5%
6 3'4
50
5%
—
5%
100
Sep
3% May
;
1% Mar
—
Jun
9
13% Mar
26
173/4
__
,
5% Mar
5
150
>
-
FeD
1
5%
—
37 Va
6%
Jan
104%
11% May
Sep
4'% Mar
Jan
8
13% Mar
16%
Jan
34
—
Jan
37%
Feb
6
Sep
Sep
—
.
6
31
6%
800
234
%
234
'100
31"
•
8
100
27
9*/4 Aug
140
10
140
28 %
2,000
18
9
353a Aug834
1
Ju-y
12%
Apr
Feb
Sep
140
AprJun
31
3%
3%
6%
6%
1,300
7%
8
2%
2%
Diana Stores
11 %
4
July
28%
Jun
1P4 Aug
5% Feb
900
Mar
2% May
Feb
3,300
22%
18%
14
113/4
3%
Raynolds class B—-——-—•
Corp common
60c
Devoe &
6% Aug
33« July
303/4 Aug
574 Mar
20
8
11%-
11%
2%
1,200
31
8
11%
21%
15
Jan
Jun
Jun
77/a
Distillers Co Ltd—
Amer
dep rets
Dobeckmun Co
ord reg
£1
1
common.
Domestic Credit Corp class A_
Dominion Bridge Co Ltd
Dominion
Tar
it
Chem
•
28
Draper
Ltd
Co
Dominion Textile Co Ltd
Power
Dun lop
Sep
7V2 Aug
2% Apr
300
4,600
May
12%
Jan
3%
Jun
21 % Mar
13%
14
71
72
75
29
11'/a
400
16% May
Feb
Jun
•
_9%
•
common
Corp
•
Driver Harris Co
Duke
2%
1
Dominion Steel St Coal class B
*
Co
U38 May
Feb
65
Mar
36
Jan
40
Jun
25
74% Mar
83
May
Jan
8
Jan
11% July
3% Sep
14
Jan
10
77
77
11%
11%
75
3%
33/4
500
79 % May
Rubber Co Ltd—
f1
8
*
Corp common
1
Sulphur-
33/4
—•
East
Gas
k
Fuel Assn
12 5/8
•
common—
"Si-
4%
'
..log
83
-100
4% % prior preferred
6% preferred
5% May
16% Jun
Sep
73%
4%
3% Feb
1,800
7
Mar
May
88% July
79
83
325
76
73
74
375
651/4 Mar
83
May
54
>
Apr
2% Mar
58
Jan
57
Feb
88
125-v
533/4
Feb/
81% May
825
50,
"
Eastern Malleable Iron
Eastern States Corpw.^_—
—28
—
•
I
I
$7
preferred series A
$6 preferred series B.
Sugar, Associates—■
.:
Com shares of beneficial lnt—
Electric Bond & Share
Option
3
-
"r:
3%
*
74
•
61 %
64%
603/4
62%
12
12%
700
75
75
common—
10 V2
1
62%
1
"I—8
13%
Electrographlc Corp common
Inc..
Electromaster
6/
1
——
96%;
'.1 K.' £
500
•
"
4% May
May*
■'
96%
96*/a
-
I 134.
i
;
:
,
;'1%
.-;vl%
July
Jun
2'/8 Mar
Jan
6%
«
98
Feb'-
%
1%
Feb
Feb
8%
Jan
>15 J
'•Feb
11
A100:
8,300
1%;
Jan
7
14% May
^
I
Jun
146
Feb.
Sep
92
20^
400
16%
<
Feb
10
900
,
Feb
3 %
100
3%
Feb /
9%
500
7'%?:': 7%
62%
Feb
126
70
6*4
14
Aug
Sep
14% May
July
87/a
,•
27,400
13%
10%
3%
•
; jl
-
141
V
10%
i.l
Empire District Electric 8% pfd—.*100
Empire Millwork Corp..—I
Emsco Derrick k Equipment—
—8
Equity Corp common
10c
tt convertible preferred
—1
Esquire Inc..
.-I'/
Eureka Corp Ltd
i
—1
112%
.141/
Light $7 2d pfd A..*
warrants.
■
.
/
Jun
2®. July/
45%, Jun
37 % Aug
•
~6,%
53/4; Sep
i * Apr
2,600
1V2
ir«
20%
21"'
5,800 '
-
Eureka Pipe Line common
•'
<
"
■■
.10
•',•
5%
Jun
May
Falrchlld
Faneteel
t
•./, •.
k Instrument
Engine k Airplane
Metallurgical
...—
Fire Association
(Phil a)
First York Corp common—
4
02 div cum preferred——
Flshman
Be
(MH) Co—,
Stores
to $1
5
Sep
21% May
8% May
"
l:'201/2
Sep
9%
200 ~
v.
.'•■3%, Jan
Jan
30% May
:
July
14%, May
Amer dep rets ord reg
Ford Motor of Canada—
—1
—1
•
10
lOo
23%
23.%
24%.
4%
4 %
4%
10.%
9%
10%.
58
„
57
58
.2%
—1
5,800
3V2
Jan
6,900
9%
Sep
46
200
Jan
I.: 300
2
-Jan
300
2%.
32
31
1,500
.
31
Sep
29/
July
7:5% May
15%
58%
>
Apr
Sep
3% May
38%
Apr
18
Apr
.(
r—,i
14% Mar
1
Ford Motor Co Ltd—
10
1,400
73/4
18%
,
Jan
47a
1,900
6
6%
Oct
3
1,500
l'/8
10
8%
.
500
44%
1
10
6
.
3%
' 3
'.43%
3
44%
—1
Products
25
4%
il
Jan
17-% May
74 Mav
200
—10
Detroit Steel
900
4
18%
58
84
July
19% May
70
3%
Feb
5%
ADr
800
7% Feb
8%
Jan
10% July
18% Sep
13
jan
100
25 %
Jan
10
8
23i
Feb
Jan
Jun
10% July
21% Jun
73/4
2.50
Jan
38% May
1,000
575
-
8%
Jan
Jun
7%. Jan
125
9
70
k
900
7%
7%
50'
8
common
Pairchlld Camera
74
/
1,100
14>/8
140
—
Sep
40
73%.
17
1
27a
15%
40
Feb
34 May
Central Maine Power Co—'■
Central Ohio Steel Products
Oct
4
14%
'
7%
Jun
5% July
Jun
83/4
•
,(Aug
■
107
9
4.
—
300
Jun
11% Apg
49
,•
Mar
2
2,500
7
Iff
30
1.000
12%
7
111/8
100
2
11%
•'
—
13/a
500
.
Jan
25/b Mar
500
.
13%
2
:
11%
-
105%
;
Feb
8%
Jan
114% May
Feb
950
l3/8
,
Electrlo Power k
July
4% Aug
31
5%
Jan
Aug
23A July
57
3%
300
Feb
145
Mar
108%
43/4
Jun
8 3A Sep
3% Aug.
48
Apr
100
10
CatallR Corp of Amejicail^rn--wi—--I
1%
2,200
4%
10%
99%
j'4
—
8
$8 pfd shares of beneficial lnt.
Easy Washing Machine class B—
:
200
.
39%
100
12% May
33/4
43/4
97 :
Jun
70
;
Sep.
Sep
38%
4%
50c
pennlson Mfg class p. common
8% debenture
12% May
1%
4%
55
.
103/a
38
Dayton Rubber Co class A
Dejay Stores common
Feb
10
1
Co—
(A M)
8%
2s 6d
common
Casco Products
43%
8 3/8
87/8
£1
dep rets B ord-
Carter (J W) Co
43 V4
1
2,300
...2^50
^
Carolina Power A Light $5 pfd—
Carr-Consolidated Biscuit Co—
Carreras Ltd—
Amer
13/4.
99
8sa
623/b Aug
107
Eastern
1393/4
1%
98%
10c
25
100
100
1%
.70
il
common
Feb
.„„i
1,300
'
D
Inc
18
May
•17% Aug
Apr
xl4% Mar
11%
63%
107%
62%
107'
i 6% Feb,
'
2.80
Hosiery Mills
Davidson-Brothers
16%
•
11%
500
477/s
•
common
22 % May
_•
•
Products——I
Carman & Co—
Feb
_•
1% preferred
Canadian
Marconl__——
Capital City
Carey Baxter
Feb
123A
_2o
;
Jan
3%
Canadian Industrial Alcohol—
voting
8%, Jun
8% Aug
2%
•
Class B non-voting—
Canadian Industries Ltd—
73/a
Jan
Feb
Aug
1
common
7%
Apr
2%
1
g
8% % preference
;
Canadian Canners Ltd common
Convertible
preferred-:
Class A
11%
8
5
Feb
6%
1
Camden Fire Insurance
Canada Bread Co Ltd
3%
2% Mar
£1
California Electric Power-.
Callite Tungsten Corp
Canada Cement Co Ltd
4 5/8
29% July
39,%
2.50
8
Duval Texas
pfd
A May
25% Mar
—
33%
•
25c
*
10
partic
Amer dep rets ord reg..
Durham Hosiery class B common
8O0
A Jftn
125
—
Curtis Lighting Inc common
Curtis Mfg Co (Mo)
Duro Test
Cable Electric Products common
Cables k Wireless—
-
8
preferred
Jun
Apr
Jan
12-% May
H
1%
25o
Sep
10% Mar
13%- 13%
^
Jan
150
21%,
14%
,»
5%
113/8
11
,1
Butler (P H) common
26%
4%
~5i/n
II—_•
Burrj Biscuit Corp
23% Aug
Sep
17
*
_
1 %
1%
•
:
Feb
20
11V*
Burd Piston Ring Co
Burma Corp Amer dep rets
11 % Mar
13%
22 */a
1q
Cuban Atlantic Sugar
Cuban
51% May
36,800
.
1
(Md)
Co common
Crystal Oil Refining common
$6 preferred
5 %
Apr
26%
*32
Jan
19%. May
22
1,700
July
Aug
123A, Feb
l5/a
__1
Feb
4%.
\ %
Feb
7%
,26%
May
11
Aug
1%
•
;
80'A
30
Aug
1%
2.50
4%
,4%
9'/.May
Jun
Sep
Q'A
•
common:
Bunker Hill & Sullivan
13% Mar
10% May
50
9 %
Hi
(E L) Co common
Bruck Mills Ltd
Class B (new)™
Buckeye Pipe Line
Sep
74% Sep
22% Aug
8
Sep
10s
Bruce
Aug
4*/a May
9 %
£1
Brown Forman Distillers——
i% cum Junior pfd—
Aug
15 % Mar
British Celanese Ltd—
Brown Rubber Co
8
Feb
29%
14%
"
Tobacco—
£1
23/4
22
•
Jan
May
38%
.
4,500
• :•
Amer dep rets ord
reg
British Columbia Power class A
Class B
:
;
Apr
18
Feb
%
—1
*
Co
Crown Drug
9 %
•
Amer dep rets ord bearer
Amer dep rets ord
reg
Crown
Sep
Sep
_I
•
Co
Internat'l "A"
Jan
28%
Sep
29%
26 %
8
Petroleum
Brewing
35
63/4
25%
w
1
Brlllo Mfg Co common
Class A
Cork
Creole
10%
13%
II
-
•
„
Petrol
350
100
•
TractioQ, Light & Power
common
*
Cent
1,500
293/4
100
Corp
Crown
6% Ma*
•
25
Oct
Sep
200
-
(ord reg)__£1
receipts
Sep
Sep
36%
4%
1
•
Crosley Motors Inc
Crowley Milner it Co
7%
l3/a
dep
Croft
14%
~3%
American
Jan
;;
7
36%
__
1
Apr
38%
Feb
50
Jan
153
Aug
33/8
f
:.
;
May
Oct
5
10,500
63 3A
convertible preferred
5%
Courtaulds Ltd-^
17
3%
1,400
5%
107%
98%
$1. preferred class A_
Cosden Petroleum common
Sep
Jan
5%
4%
*
Inc
Corroon & Reynolds common
7
7%
•
common
British-American
700
8
Aug
13%
1
prior cum pfd
Borne, Scrymser Co
BourJoU Inc
Brazilian
38
31
Blue Ridge Corp
5%%
7% May
15 % May
125 % Mar
1,250
8%
19
7%
Breeze
190
38%
8
■::j,
•
common
18
Jan
,;
1
*
5c
Range: Co
Aug
14
•
common—
Co
5%
38
8%
1
Inc common
J
Blrdsboro Steel Fdry & Mach Co com.*
Blauner's
common
3
(H C)
500
7% Jim
Feb
15
13A
Bickford's
Blumenthal (S)
143/4
152% 153
25
-
Convertible preferred
Bohack
150
600
1
——___
Hedges
6
4% Mar
5%
100
Benrus Watch Co Inc
16%
7,000
5%
1
Cornucopia Gold Mines
53/8
Aug
1
*
Corp
Co common
Jan
9
10% Mar
1
Car-Na-Var
34
l
Beck
common
5%
6
1
& Varnish Co
Paint
150
1
Bell Tel of Canada
New
Cook
1,000
10%
5%
1
Utilities
Gas
35%
-
Steel Corp
Bariow & Seellg Mfg—
$1.20 convertible A common
1,400
5%
Liquidating Corp—
•
Mining & Smelt Ltd-—8
Consolidated Royalty Oil
10
Coro
shares
Barium
6 3/8.
Consolidated
93/4
9
Banco de los Andes—
American
Consolidated
Continental
603/B
6%
5%
.
Consol
Cooper Brewing
35
1
common
preferred series G
<
33% Feb
•
Continental Fdy & Machine Co
573/4
Locomotive—
preferred
Baldwin
%
Feb
1,200
100
100
series B preferred.
Jun
4,
10®a, Jan
51
July
7%, Jan
.15
July
8
July
Jan
Feb.
;
Jpn
4,%1 Jun
5%
'
1
L P Bait common-—L
Consol G E
Feb •"•■
24
Apr
19
•
5%
;
6%
•
.
11
Feb:.
73/4
28
1956
to
'•'
Feb
7% Mar
1,100
Jun
Jini
14% May
Feb
6
warrants—
;•
200
41*
'
Vtc ext
7%
May
Southern
9
'39.
1%
663/4
,
1%
8,200
2%
9'
1
Community Public Service
Compo Shoe Machinery.—
&
Jan
,11% Mar
"
—28
Apr
32
"
400
•V >
9 Yt
..23/8
'
1
Inc
Aug
45/8
123/4
Hotel
4%
7%. May
13
14
'/"41
-1
Colt's Manufacturing Co
Commodore
7% May
7% May
Feb.'.
—
5%
Stone Co
&
High
Jan
31%. Feb
•
14.
83A
' 12%
2%
4
20
Development ordinary
Colonial. Airlines
L—
7%
Inc
Voting Machine
Avery (B F)
1
Feb
Feb
5%
2,700
21,500
__
;
.
1%
49%
46
__
Colon
Aug
5%
500
„
'
' 1%
49"%
Cockahutt Plow Co common-———•
%
600
6%
6,
;;.1%_,
1
common
Jan
1
Products
Inc
Clayton & Lambert Mfg—
Aug
Jun
300
13/4
Clinchfield Coal Corp common*,
Club Aluminum Products Co
•
Automatic Steel
Automatic
6
1
10%
23
Range Since January 1
Low
6%
•
5 ,;I
—10 ...'...
115 %
12% Feb
Shares
Mfg. Co_
Neon
uiauae
for Week
High
6%
10
common
Feb
112
Low
Colorado Fuel & Iron warrants—i——
Associated Tel it Tel class A
Plywood
10s/8
Par
Clarostat
43/4
Range
of Prices
Chicago & Southern Air Lines—
•
Voting trust ctfs
——'—'—-——•
Chief Consolidated Mining
1
Cities Service
Sale*
Week's
Last
Sale Prlee
Exchange
City & Suburban Homes
Clark Controller Co
4
10%
Curb
Jan
2,600
1
Atlantic Coast Fisheries
Atlas
Jun
2,100
113
Terk
Apr
Industries—
Laundries
Corp
'!•
57/a
2.80
Atlantic Coast Line Co
Atlas
4
43/4
pfd^f-r—•
Ashland Oil & Refining Co
Electric
19%
12 3A
43/8
10
preferred-
American dep
-t
•
Equipment Corp..—_
Associated
8% Jan
8%. Sep
5 %
•
8%
Jan
9
~5%
Common class A non-voting
Arkansas. Power it Light $7
Jan
"
10
1
common—
Friday
R«V
City Auto Stamping————
"
Aro
5
•
Inc
,
High
53/4
5%
—
Arkansas Natural Gas
1
STOCKS—
High
77/8
1
Anglo-Iranian Oil Co Ltd—
Amer dep rets ord reg———£1
Angostura-Wupperman
1
Apex-Elec Manufacturing Co.
1
Appalachian EJec Pwr ifa %. pfdi-r--100
EXCHANGE
WiEEK ENDED OCTOBER
Range Sine* January 1
5'/2
5%
Angerman Co Inc common
Argus
Shares
4%
3
Monday, October 4, 1948
,
Low
8
B
CURB
CHRONICLE
Sales
ef Prleee
Par
American Thread
FOR
FINANCIAL
for Week
Range
■ale Prlee
Cork Exchange
York
Week's
Last
STOCKS—
New
&
56%
58
275
54
Apr
70
Jan
16V4
16%
100
15% Aug
18
Jan
£1
t
0\*M A non-voting
Class B voting
Ford
Motor
of
France—
'3%
3%
33% Aug
500
100
5%
Ma^y
23
May
35
Aug
% Sep
2
163/4
•
,
Jan
18%. Jan
21%
•
%
Amer
dep rets bearer—
Fort Pitt Brewing Co
3%
21%.
•
—1
10
1
10%
.
1,200
200
■
-
77/a
Feb
10*
Jan
>
Sep
Volume 168
COMMERCIAL
THE
Number 4739
RANGE
Week's
Friday
Fox
4% %
(Geo A)
Va
Co
Low
200
7%
26%
7%
6%
Sep
Fmt
32
Jun
Kaiser-Frazer Corp
12%
8% Mar
Jan
Kansas Gas A Electrlo
pfd
7%
Co—
Garrett Corp
Gellman Mfg
General
General
6%
200
Supply Corp
1
25
com
preferred
Sep
17% July
Feb
92% July
7%
300
2
100
10%
6% Mar
2.
*
Co_,_
15%
84
10
7%
___1
Co common
Builders
conv
700
15 %
89
12
12%
*
100
Alloys
12%
15%
89
2
common
preferred
5 %
Jun
1% Mar
Apr
3% May
4%
800
37/a
Feb
5%
Jun
23 %
25
23%
Sep
27%
Jun
4
23%
General Electric Co Ltd—
Amer
dep rets ord
General
i
Fireproofing
General
Outdoor
Adv
Phoenix
6%
700
400
pfd
General
$6 convertible preferred
4%
4%
4%
700
"4%
"4%
•
19
19%
!
Jan
Feb
2% Mar
Sep
Lagendorf United Bakeries cl A
23%
Jun
64
Apr
Co
;
«
Harvester Corp
Alden Coal
B
28 Va
34%
23
22
23
class A
•
♦
Gorham
Inc
Gorham
Mfg
25% Aug
12%
100
12%
Sep
21%
100
12%
Aug
15% Jun
2%
300
40
41%
100
40
28
28
100
22%
2%
•
4,200
1 «f
50
X53
x53
50
50%
Jan
Feb
x53
63
64
200
50
•
5
10
common
Jan
Sep
28 %
Jan
57% May
9%
Sep
Mar
pfd—29
conv
Grand Rapids Varnish
Gray
13%
5
13%
100
l
Mfg
Great
Co
Atlantic
Non-voting
7%
9t
Le
14% May
Mar
pfd
Gypsum Lime & Alabastlne__
13%
17%
13
Sep
17% May
11 Va Feb
Material Co
Corp
Inc 6% preferred-
44%
9%
May
105
Aug
200
—
900
18%
19
700
13
1,200
12
Rights
1
w
Hamnton
;
Bridge Co Ltd
Hammermill
Rayon
Hearn Dept Stores common
-25c
Rubinstein common
22%
Apr
Feb
24%
24%
24%
100
20
Feb
26%
22%
22%
3,400
18
Feb
24 Va May
,.;i
—
—•
—
—
58%
57
Public
6% %
preferred
Ilia
Henry Holt & Co
(R)
w
w
.1
w
.100
Feb
Sep
7% May
Feb
9%
Aug
12 %
Sep
16%
Jan
17%
8%
600
8
700
10
8% A
150
Feb
Sep
Horder's
Hormel
1
Co
';
12
Fe»
91
Jun
Jan
ijl>4 May
Aug
68
Apr
11%
Sep
9%
30
98%
73
>■.
Apr
May
9
8%
8%
Co
common-
.
—
Mar
26%
100
24
Feb
30%
18
Sep
20%
Apr
41
39%
Aug
44%
Jan
stock
139
31
400
Sep
Apr
15
Feb
23% Jun
74
Sep
Jan
1107*
Jun
2%
'
2%
19% May
X65
400
Feb
2%
Sep
41% Mar
1st conv preferred
j
Hydro-Electric Securities
*
Hygxade Food Products.
5
3%
3%
25 %
.
18%
I 25 %
.
50
2%
4% May
44
Jan
Apr
7%
Jun
%
Sep
7"%
Jan
Oct
42%
Jan
3
600
18%. 18%
Jun
Jun
25%
800
25%
700
2%
;
—
3%
.
24%
88
•
2%
16;
Feb
Feb
J% May
21
McAleer
!*
5%
Mfg
Co
common
-5%
Feb
11
Sep
17% Mar
13%
13%
600
12
Feb
16%
Jun
22
22
30
21
Apr
27
Jun
100
34
May.
39%
Sep
Feb
3%
Apr
8%
Feb
Jan
Co
common
10
9%
10
9%
Sep
16%
Aug
8%
Feb
15
16%
12,200
11% Mar
17
16%
15%
16%
1,900
11 % Mar
l'if
' %
85,700
16% May
1% Jun
Rights w i—
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
—5
11%
11%.
2,009
:
4%
pfd_. .100
A]j! Sep
9%
Jan
Insurance Co of North America
-10
International Cigar Machinery
8%
•
100
94'A
400
8
Oct
94%
8
8
94'A
20
88
July
550
96% 100
500
12%
12%
May
12% July
02%
12%
Feb
Sep
13%
96
Jan
Mar
107% May
15
Feb
Hydro-Electric—
International Petroleum
Registered
coupon
shs__*
shares
Investors
10
Safety Razor
International Utilities
A—
B
Royalty
Mfg voting trust ctfs
5
_i
Iron Fireman
*
Irving Air Chute
Superpower Corp
com
cl A—*
i
1,000
>,w
51
Mar
x22%
Sep
58%
24
Warrants
6%%
Metal Textile
Steel
25'A
25
108
4'A
4%
5,000
4%
47-B
200
5%
—
conv
Co
Jun
July
Jun
6% May
60#
•
Jun
Oil
Midwest
7 Va Mar
10 Va May
1% Mar
2% May
400
7%
Feb
600
6%
Sep
10
Feb
31%
Oct
5%
Feb
8%
Apr
7%
Feb
11%
Sep
10 Va July
13%
Jan
1%
31%
28%
7
7%
Miller
31%
8
2,700
Wohl
10%
11%
24,200
10%
100
20
23% Mar
10
Co
_1
~3%
_50c
—
7%
3
7%
Monongahela Power Co—
4.40% cum pfd—
26
Jan
Apr
Jun
9% May
35
10%
May
150
26
Sep
5
Mar
Mar
104
Jan
23% Mar
27
Jau
8%
7%
8%
1,900
6% Mar
3%
3'A
3%
5,200
2%
>100
9.3%
93%
§3%
75
8% Mar
Feb
6%
Jun
Jun
96%
Jun
96% Aug
103 Va
Jun
93
1
2%
Feb
3% May
Utilities——:—
5
10 Va
Apr
13% May
com
Ward A Co class A_.
pfd
Morris Plan Corp of America
10
*
100
5
15%
*
2.50
10
50c
28%
Producers
Tel
Vernon-Woodberry Mills
Tel
A
'
Ohio Mfg Co
17
Jan
Muter
common
common
162
Aug
178%
Jun
34
25
34
Sep
40%
Jun
4
4
300
166% 168
•
10c
Mountain
100
34
166%
Montgomery
Company
Jan
5
96
Moody Investors partic
Co
22% July
Mar
May
class A
Loan Society
States
Apr
Feb
7
14,000
>100
pfd series B
Apr
24
1
1
—
Apr
Feb
2
900
10%
28
25%
Jan
5
18
3,100
7%
pfd_I100
Corp
Dakota
~3%
Feb
9%
3% Aug
30%
~9
~9%
Monogram Pictures common
cum
400
—50
Public Service common—
4.80%
21%
19 Va
400
13 Va
Supply common-
common
500
3%
21'A
--
20%
3%
20
convertible preferred
Monroe
19
16,000
10%
11
_50c
Refineries.
Mid-West
Jun
5%
100
300
Co
Midwest Piping A
8%
400
1%
Abrasive
Mid-West
Feb
7
7%
1%
common
12
3%
Feb
15%
15%
1,700
12%
Feb
32 V4
321/2
250
26%
Jan
97 Va Mar
4% May
17%
Apr
33Va Aug
115
July
27
Aug
23
23
100
23
Sep
28
28%
300
25
July
10%
11
300
10%
Aug
13%
11
—
Sep
14 % May
Sep
12
Aug
Sep
157A
Jan
33% May
Jan
1
~8%
031
8%
100
8%
2% May
12% Jun
100
7%
8%
$2 non-cum dividend shares
Mldvale
Wuskogee
1,300
Feb
Jan
10%
111
7
Muskegon Piston Ring common
1%
Feb
7%
•
—
Jun
16'A
Feb
Feb
Jan
3Va Mar
8%
pfd
Jun
1%
Jan
6%
7
Steel products—
13%
H Mar
3'A
43
5
Midland Oil Corp $1
Midland
14
9% Mar
3%
Corp—
9 Va Mar
5'A
7
Sep
1
6%
Class B v t c—
Middle West
9% Mar
16'A
1%
--
15%
2,500
1
_
300
Sep
2,500
2%
II10
—
Micromatic Hone Corp
7,100
11%
16%
.2.50
11 Va
200
12% Mar
109% 109%
1
—
11%
300
Aug
Feb
'
Bumper
10%
3,100
30 Va
9Va
1
15
_
Corp
Tube
'
Michigan Sugar Co common
6% preferred
_
Michigan
Michigan
Mt
1%
Apr
July
600
4%
1
25c
Corp common
Participating preferred
Murray
11%
July
—
100
Co
Iron
Sep
11%
Jan
42
44 Va
29
—
preferred
A
Mesabl
Apr
1%
11%
1
Italian
iipi '•'" is
2
22% Mar
2'A
12
--
•
common
•58';:.:;:;
'•
77,
1% Mar
1,600
37 Va Mar
32
Scott Corp—
A
Chapman
May
8
3,100
15%
Co
A
Co
Mfg
Merritt
/
1%
2%
Menasco
July
6% May
Sep^
Feb
May
-
20 Va
"
35%
1%
15%
Dredging
Johnson
13
.
6 %
—ft
1
1
Mead
13'A M^r
3%.
p a-
11 Va
11%
»
International Products
International
56
57
—
10%
A Co class B
(A G)
Mountain
Preferred $3.50 series
50
International Metal Industries A—___•
800
10%
preferred
$2.50
McKee
Mountain States Power common
International
2,000
19%
35%
Montana
~£1
Pwr A Light
10%
19 Va
—
•
5ianapolis
Ireland
~9%"
1
common
Molybdenum
16%
:
.
19%
Jan
4
1,150
.£1
37
*
*
•
*
Missouri
Zinc
/
McCord
Corp
Aug
9
100
1,600
McClanahan Oil Co common
Mining Corp of Canada
Minnesota Power & Light 5%
Imperial Chemical Industries—
Amer dep rets registered
Imperial Oil (Canada) coupon
Registered
Jun
7%
"9%
convertible preferred
4%%
Illinois
18 Va
11%
11
37
1
Jan
200
2,100
Jan
112
Apr
14 %
_'
•
1
10
common
Ex-distribution
20%
72%
110
10
22
Middle States Petroleum class A v t C—1
35 %
4
i
Co
Jan
Sep
___•
.
148
Jun
30 Va
warrants
common
4% May
loo Va
20%
74
9
Refrigerator $2.25 pfd
50
—VA
5
*
''
V
Sep
44
400
;::/VV 9% Jan
3
26%
30%
.
Inc common
Jan
100
__
—
Oil A Refining—
Lock A Mfg Co_^
Apr
7% July
3,000
—"
—
-(Harvey)
7%
85%
40
__
Humble
48
3%
—
A
Sep
Jun
55/a
\ 100
48%
3%, I 'I 3%
;
preferred-
Huyler's
300
y'
•'.a*-.
48
/
Inc
Common
95%
10
— -
'—
-_V
7
common
(Geo A)
Hussman
10%
50
%
—D
Horn A Hardart Baking Co
Horn A Hardart common
Hubbell
10
...
-_10
Holllnger Consolidated G M
Holophane
10
14% July
i
Sep
800
14%
14%
7%
Shovel
Power
11% May
Mar.
8%
69 Va
Mar
2,900
18%
Communication Co Ltd.
McWlillams
'
common
A Co class A
Holly Stores Ino
Hurd
2% May
1%
6%
•
Jan
49
111% 111'A
1
•
•
common
(The B)
Massey Harris
Jan
5%
100
12%
95
10
—
.100
w
Stores
Marlon
Aug
1,100
13
10
■
preferred
1%
700
>
July
1
2 Va
Co
Co
Service
Mapes Consolidated Mfg Co
Marconi International Marine
May
4% July
8%
A
y*
56%
400
9
8%
:
A-
8
;• '' 47
2% Mar
12%
12%
•
Heller Co common
Hoe
1%
Feb
Sep
10
% Mar
66
:/
58%
18%
500
•
64
Jun
Jan
7 Va Mar
23,300
u
A
Aug
26
M
-i'g :viuy
Mar
30
49%
1
Class
4%
V'.;
10
-5%
12%
—S
Mining Co
Helena
200
,
;'i-j 400
1%
8%
.
Sep
25
—
Sep
9% May
Sep
5%
""7
—
40%
50%'
5%
9
*
Hecla
16
2% •3
l
■
8,000
r*V*
Brewing Co
l
Hat Corp of America B non-vot com—1
Haxeltine Corp
r%
38%
Harvard
Hathaway Bakeries Inc
r%
50%
A
1
common
5%
.
25
Hartford
—
io
Electric Light
1,700
'
•
Paper
Hartford
6%
Jan
May
Jan
Manlschewitz
5%
Sep
13
30
11
100
62%
Corp
Mangel
6%
21% July
AUg
July
7%
U
Louisiana Land A Exploration
May
25
15 Va Mar
:
Jan
1%
Apr
Sep
'11
Jan
10
Apr
ft
13
25%
22%
—1
preferred A ctfs of dep
6% preferred B ctfs of dep
Macklntosh-Hemphill
B
May
6
7%
7%
H
;
7
18%
Jan
22
—■
Apr
•
Co
Jun
Feb
Feb
May
25'A
■
Lamp
25
28
_
Maine
Hail
Aug
28
7%
7%
.16
Lone Star Gas Co. (Texas)
Longines-Wittnauer Watch Co
CoCommon ctfs of dep
Feb
Aug
25
__
.5
Chain
10% May
7%
23 Va
15,300
•
Steel
Jun
9%
Jan
9
A
14%
11'/a
'
Jan
19 Va
—
%
'
—
8
—10
8
500
—
14%
98
7%
23%
12%
2
36% Mar
6%
13%
•
A
Class B
Locke
8% July
1,100
.21
«
class
Groceterias
Loblaw
—
__1
Brothers common—
Lit
2,600
8%
~
6
_
common
Llpton (Thos J)
200
9Ta
%
14
Louisiana Power A Light $6 pfd
210
9% May
Feb
6%
13%
—
1
—I
Lynch
300
Jun
Jun
—
Jun
650
24%
Apr
Apr
13
23
Mar
99%
16
100
—
—
140
38
Sep
Mar
20 %
Jan
Mar
200
7%
v' 1;
120
AAVg
11
1A
14
325
i'
Apr
9
100
11
Jun
20%
Sep
lA July
8
Feb
98%
13
1,400
9%
91
36%
4% May
Sep
13
133
9
Jun
3
7%
:
80
98%
Sep
19
12% Mar
21%
9%
525
37%
Jan
37%
13%
137% 138
100
Jun
48%
7%
113% 115
common—25c
$4.40
Sep
60
20%
77/a
1
•
25
Products
Utilities
7
2,100
107
13
•
stock
common
Stores
States
8%
18% Jan
10% July
Tea—
preferred
Great Northern Paper
Gulf
8
Feb
Apr
Feb
2,600
lft
%
11
-11
Inc
(R G)
Tourneau
Line
Jan
Jan
65
6% Mar
>'
20
400
14
13
100
Pacific
1st
Grocery
12%
:•
Jan
12% May
Jan
"
99%
2,900
3%
1
—B
Of
Leonard
„
Graham-Paige Motors 5%
3%
14
—1
Realty common
Development
Lefcourt
% May
Sep
%
16
3
4
La Salle Extension University
Jan
91
A Mar
47
16
.
Monotype Machine
Lansion
3% Jan
July
50
•
B
Class
Lionel
Sep
84
l
class A
Oct
Jan
13
2%
9
9%
6% Aug
300
Jun
Mar
17
45 %
—B
Jun
34%
13
—
1
B
Jan
35
12%
9
$4.50 prior preferred
Goldfield Consolidated Mines
Goodman Mfg Co
12
Apr
Feb
18%
3,600
Feb
21%
9,200
1
!
common
Godchaux Sugars
Class
34%
•
Distilleries class
Globe-Union Inc
~
Inc
2.50
.
Glenmore
(Adolf)
11
29
25
Gleaner
May
175
7%
Jan
17 % May
Sep
11
46
1
5 %
52
15'A
125 Va
106% 107
106'A
—1
Mines Ltd
110%
Jan
7
11
11
1
Company
Laclede-Chrlsty
117
*
Gladding McBean & Co
Gobel
Jun
Jun
16
Feb
Aug
Apr
5%
Mar
150
common
"7%
1
Krueger Brewing Co
8%
J.1% Mhi
14%
1
Stores
110
1,500
Gilbert
Glen
Knott. Corp common
Lakey Foundry & Machine
Lamaon Corp of Delaware
75
112% 112%
1
100
•
10
1
(DEmil) Co common
(IB) Rubber Co
xl05%
•
preferred
15,200
Jun
xl00% Sep
84% Mar
10%
13%
1
Ltd
Kleinert
Kobacker
10
13 %
Mar
100
Feb
Apr
Klein
Lake Shore
Giant Yellowknife Gold Mines
Gilchrist
5%
x9
Sep
2%
230
100
105%
Feb
95
'97
Apr
July
Jan
4%
2,800
4%
9
39
Feb
2%
300
4%
•
Georgia Power $0 preferred
(A C)
Preferred
Jan
Feb
7%
98
4
3%
1
Jan
8
Sep
27
100
9% May
Apr
6
2,100
7'!o
35%
6V4
Plywood Corp common
50c
Public Service $6 preferred—*
Shareholdings Corp com
1
General
$5
%
7%
35%
1
Corp
General
6
10
common.^
General
6
„♦
Corp common
preferred series A
6%
General
?%
£1
reg
High
Low
122%
Kimberly-Clark Corp—
4%% preferred
100
Kings County Lighting 7 % pfd B—100
6 %
preferred D
100
King Seeley Corp
1
Kingston Products
1
Kirby Petroleum
1
Kirkland Lake G M Co
Finance
Range Since Janaary 1
High
10%
8
•
I
Key Co common
Kidde (Walter) A Co
-15%
Feb
Shares
13%
—.—1
100
*
Inc
Kennedy's
9
Low
far Week
K
Kawneer
Gatineau Power Co common
Range
af Prices
19
Jan
8% July
Mar
25
800
9%
Sales
Waak's
Last
High
Sep
100
27
8%
10%
100
12
50
9
preferred
conv
Fuller
Friday
Sale Prise
Curb Exchange
York
New
Sang* Sine* January 1
High
1
Franklin Simon & Co Inc common
1
OCTOBER
STOCKS—
Shares
11
1-29
Brewing
(Peter)
EXCHANGE
FOR WEEK ENDED
for Week
£010
Par
(1387)
.
Sales
Range
Sale Prioo
Exchange
Curb
of Pricer
Last
STOCKS—
York
CHRONICLE
FINANCIAL
CURB
YORK
NEW
New
&
—
5%.
—
.
200
1 Va
4%
Feb
2% May
Sep
16
20 % May
7%
Apr
% Mar
—
Jan
1%
Apr
N
Nachman
Namm's
Inc
Bellas
Breweries common
Hess
preferred
National
Fuel
300
5
300
4% Mar
6% May
5,600
2% Mar
4% July
3%
3%
3%
36 Va
36%
361/8
220
xll
National
National
7%
13
5
—1
common
11%
4,000
1
common
11
12
10
Corp
—
'
29 Va Mar
36Va
Oct
Feb
37%
Jun
Sep
12 %
Jan
33 %
25
—
—
Gas
xll
Jefferson Lake
Sulphur Co
Jim Brown Stores
common
Preference
Julian
*r
--------
Knkensre
For footnotes
5
-1
-1
-
6%
5%
5%
5
6%
6%
555
100
500
300
200
5
.
4%
page 33.
9%
Feb
8% Aug
4Va
Feb
4%
Sep
20%
see
Sep
Apr
Jan
14
14%
500
Feb
16 %
July
--1
12
12
12%
200
12
Oct
16
May
National Mfg A Stores
-I
,_1
J
National Mallinson Fabrics
Jeannette Glass Co common
-2
12%
12%
12%
800
12Va
Aug
17%
National Pressure Cooker commonNational Radiator Co
Machinery
9%
Jun
National Rubber
6%
Jun
National Steel Car Ltd------——
18% Jan
National
.
..
common—
Transit common
.
7% Mar
10% May
8Vi
Sep
11%
Feb
Mar
22 Va
Jun
87/a
9
8'A
8%
200
—
"4%
"4 %
500
15
III
—
Feb
700
9
4
_10
2%
3%
Feb
4% May
31
32
THE
(1383)
COMMERCIAL
NEW
•
Friday
STOCKS—
New
Fork
Last
Range
Ncatie
Le
Co
Mur
New England
4% %
Tel & Tel...
New Jersey
New
Co
Zinc
Mexico
&
300
2
Jun
Regal
in**
Apr
Rels
100
13%
Feb
2U0
4Va
Feb
7
82 Va Mar
96
Jan
87
*500
3
Sep
8 Va
bep
68 A
2,000
59 Va
Jan
67
1,900
Feb
10% May
8 V2'
66
Park
Process
Y
N
Co
Auction
Y
N
Mining
&
Co
1
common..
6%
common
•
Co
Honduras
N
Y
Y
Rosario
Shipbuilding
6
12 Va
5%
100
___.
optional
warrants
102
Corp class B
9%
5
Mines
Central
Northeast
North
Utility
Texas
RR
Feb
32
May
Sep
15
Feb
88
Jan
Securities
1%
5
20Va
20%
•
26V4
26%
300
"31/4
1,300
'
3,300'
•
Stix
Richmond Radiator
Rio
Grande
(Texas Corp;
16
1
4,100
40% f
6%
700
'
,
2%
95
hoils
7%
Sep
44%
Jun
95
10
42
'
A
Mar
90
25
Sep
Jan
97
1
11%
11
iy%
5,800
11%
1,800
7
Amer
900
16
Roosevelt
Rotary
Field
Royalite
Co
May
19%
Co
Omo
Brass
Ohio
Power
Oklahoma
Old
common
Co
class
4%%
Oliver
B
common
St
•
Distillery
41
34%
41
104
105
__15
1%
•
-3,100
105
50
I
320
34% '
33%
Samson
97Va Sep
Bchulte
103
Feb
Jan
44%
Sep
13% May
Jan
22V*
Overseas
8%
6%
•
9%
14Vij
Airier shareaZII_
Securities
Feb
Corp common
(Del)
Inc
Oil
Sayre
Fisher
St
(D
Brick
Inc
A)
21 VB
1
19%
100
Bcullin
Steel
Securities
Seeman
21 Va
1,900
8%
Co
$1.30
1st
preferred
Pen
9%
Aug
25
Aug
*13
May
Fob
Patchogue
Patican
Peninsular
$1
Ltd
Feb
95
25
11%
22 Va
Z
common
I
ZZ""~
Amer
Z_
Pratt
&
Pressed
Inc
Metals
common
39
1,700
48
of
2%
6% May
64% Jan
Mar
Sep,
5%
Feb
70
July
llVi May
12
llVa
9% Mar
3% Mar
8%
Jan
11%
6%
Feb
9%
Jan
2
12
•
-
'
America.
Sioux
6
Jan
6%
Quebf
Oats
preferred
&
■..
74
2 '/a
2%
600
7a
%
400
12%
12%
4t)0
13
100
13
85
10% Mar
13
100
3
13
South
Coast Corp
South
Penn
Southwest
OU
Southern
Pa
13
May
15% May
58 Va
900
55 Va
12 Va Mar
17%
Jan
14
14
100
11%
Apr
14 Va
Jun
600
5 Va
Sep
11%
Jan
5%
California
734
Jan
18 %
Jun
6%
Apr
•
Standard
Dredging Corp common.
$1.60.convertible preferred
90
13
100
95 %
60
87
Jan
95%
39%
150
37
Feb
44% May
Feb
8% Apr
16
May
9% Mar
15
May
14% May
2,000
9%
1%
Jan
3
Jun
Mar
11
May
Jun
10
Sep
(J B;
Sep
Sep
93
Apr
29% Aug
8 Va
Feb
1
600
3%
3%
3Va
800
x3%
Feb
4% May
1
9 Va
9 Va
9V4
700
7%
Feb
14 Va Mar
2% Mar
-v
5
Juiy
200
3 Va
Feb
10% May
6 Va July
2,600
33 V*
Jan
47
Jun
24
Sep
31%
Feb
35 %
Jan
4%
37%
39
24
25 Va
20
39%
39%
100
4%
*
27%
27%
500
%
2,100
300
25
Mar
29 Va
100
22% May
25%
X27%
28
x26'/4
23 Va
23%
23%
May
27%
4%
39'/a
39
40
'
29 % July
Sep
Jan
Feb
10% July
Jan
48Va
Jun
Feb
4%
Jan
5
Feb
7% May
1
11%
Feb
3%
300
Feb
8 Va
Feb
36
10%
11%
26
26
400
3
700
21/4 Mar
50
17 Va Mar
3
1
,-20
2%
18'%
18%
18'%
10
1%
9%
Feb
11% May
25V4
Fob
30
4,500
100
10
7%
1,800
3%
300
2%
3Va
3V4
Feb
19%
300
109
109
1
Sep
Jun
2,100
3%
—1
Aug
3%
1%
1%
1%
■
1%
28
109
13
26 V2
28%
9%
—
—
11/2 Mny
19% Mar
1,500
6%
Corp
26
41% May
28 % Apr
26%
X27%
x26 %
1
1%
3
Jan
May
2% May
1 '/a Mar
102
Aug
115
Feb
61/4 Aug
July
8% May
3%
5%
Aug
Apr
2%
■
400
2 Va
Feb
3% May
3%
2,100
3Va
Sep
61/4
Jan
—*
71
71
5 2 Va
Feb
71
Sep
—_—*
26
261/4
350
22
Feb
27 %
Jun
1
19
19
100
15 'A Mar
Sterling Aluminum Products
Sterling Brewers Inc
[Sterling Engine Co
Sterling Inc
Stetson
88
\t
3,000
1
Co common
&
Jan
3%
Sep
3,800
8'/a
30
Corp
Steel Co of Canada
Feb
93
Co...
Products
(A)
May
4
July
11 Va
1
Standard Tube class B
Stein
270
3%
*
Standard-Thomson
(The)
8% May
Mar
10%
•
preferred
Starrett
6% Mar
225
25%
1
10
Forgings Corp
(Ky)—
Oil
Standard
37% Aug
May
3
2.78
1
10
Co
Brewing
Standard Power & Light com
Common class B—
Sep
160
*'
Jan
Mar
Apr
22 % May
3%
Spencer Shoe Corp..
July
3%
108 Va
Apr
•
5
•
5
11
900
1
Standard
300
8
231 Va 235
235
1
Southern Pipe Line..
Southland Royalty Co
$7
Jan
Edison—
July
11
5%
35
-28
-25
4.56% conv preference
25
4.48%
conv preference————25
4.32 % cum preferred.
25
Standard
104
18%
original preferred
4.88% cum preferred
Feb
July
Jun
110
10
xll
Feb
July
76
Sep
300
•
Standard Cap & Seal common
Convertible preferred
Jan
Jun
17
14%
£ 1
Line
Pipe
Standard
41
May
20%
104%
12:50
Mar
13%
4
Feb
Feb
14
100
common
"ill
Mar
2 Va
104
—.1
common
Feb
4
Feb
55%
1,800
Jun
1% May
12 % Feb
2%
Jan
4
Feb
16
5 %
'
Jun
Jun
5%
May
1%
Jun
87%
;
.„
% Mar
2%
—
27%
Feb
75% Mar
*
3 Va
400
Manufacturing common—1—
Aug
9
95%
95%
95%
96
13
13
50
7
500
50
7Va
7 »/a
30
100
23 Va July
8%
Jan
1%
1 Va
1,000
%
Feu
2%
Jan
1
"5%
5 Va
5%
1,300
5'/a
Sep
7% May
*
131/4
13 Va
13%
300
5
%
%
1
1
Co common
comZZZZZ*
150
II
5
IIIlO
Stinnes
7
6 Va
94%
Jan
99%
90
Jan
99
July
26
•
•
88 Va
[•LOO
;
141
90 Va
142
IIH
July
30
Aug
11% July
6 % Sep
14
Jan
450
30
Jun
(Hugo) Corp
& Shop Inc
Stop
Stroock
8%
Feb
79
Mar
x96
152
7
Aug
13
Jan
15 Va
300
%
Oct
1%
Apr
I3V4
Railway &
Votiig common
Railway & Utility Investment A
Rath Packing Co common
Raymond Concrete Pile common
$3 convertible Dreferred
Manufacturing
Bit Co
common
;
see
page 33.
18%
10
:
I8V2
19Va
7,400
250
1%
%
27
15% Aug
Feb
3% May
20%
32%
32%
200
9
6%
*
6%
20Va
20 Va
7
9,000
Sep
15'/a
Jan
450
14V2
Sep
20 l/a
Jan
1,450
27 Va
Jan
5 Va
Apr
Jun
300
1
2%
2%
5%
Inc
Power
&
Shovel
Thor
Corporation
Tllo
600
36
2% Mar
Jap.
3%
Feb
Jun
14%
Feb
10%
Sep
7
17Va May
13% Mar
10
*
Co
new
*
pfd__
100
28%
12%
5
common
28%
200
11%
121/4
1,700
17%
17%
200
17%
18
11%
11%
12
400
14
13Va
14
1,000
7
700
T
5
common
Roofing Inc
Jan
Tishman
37
Jun
Tivoli
55
Mar
10 V, Mar
525
Apr
—
1,000
11%
Jan
1181/4 July
17% Sep
Ym"'- ■'
12
31%
23% May
I
16
124
i
■
•
May
Jan
May
Jan
19 J/2
Jun
16
Feb
21
Jan
11%
Oct
15
May
Jun
1% May
9%
2%
100
1
common
Light 7%
Thew
30 % Mar
Jun
5%
15
•*•
Jun
26% July
.1
Realty &
Brewing Co
Tobacco
&
Allied
Construction
Stocks
1
7
1
——•
53%
53%
53'%
10
11% Mar
5%
Feb
49% Mar
18% May
7%
64
Apr
May
Tobacco Security Trust Co Ltd—
Amer
21%
14%
'
T
31
Feb
36
34%
—15
Taggart Corp common
Tampa Electric Co common
Sep
5%
15%
14%
25c
Finch Oil Corp
52
*
•
•
Feb
14Va Mar
1
10
14%
353,4
*
1
:
*
Sunbeam Corp
Ray Drug common
Superior Portland Cement, Inc
Superior Tool & Die Co
Texas
1%
•
—•
Sun
Technicolor
1%
1
& Co common
July
Mar
R
1%
(S)
Jun
140% Aug
12
option warrantsLight Securities—
Roller
100
■
3'/a
__
Jan
4% May
Feb
1
2
Light—
common
For footnotes
79
1% Mar
13%
200
Co
2
6T/a
Aadlo-Keith-Orpheum
Reed
77
24%
15,0004,000
2%
Sep
1
Mnnuiacturing
Soonton. Corp
900
13
100
common
Power Co
Raytheon
"3%
22%
Sep
Colorado—
Manufacturing
preferred
t
2%
20%
—1
Soiar
Swan
Quaker
Jan
1%
18'/4
•
8olar Aircraft Co
73
2
2,400
100
21
11%
1%
14V4
Paper Mills
Jan
1%
1%
-
•
preferred
(Howard)
Feb
11
Jun
3%
Btahl-Meyer Inc
Jun
95%
."*1%
Jun
Si Elec Co—
City Gas
4% Mar
l
3%
19%
25
dep rets ord regis:
3.90%
Oct
1% Mar
Co Ltd—
Manufacturing
Smith
Jan
Jun
20%
;
.
161/4 Aug
•
Jun
•
Feb
300
•
29%
13 Va
1
lO'/a
•
8%
39%
2,700
i/a May
3V«
34
Publications—
58 Va
393/
4
Feb
20
common
500
ZZ
Feb
27
2%
Ltd
Breweries
Feb
600
3
2% Mar
2,600
300
100
700
5Va
3,200
i
14
Canada
17%
5 Va
60U
2%
19%
America class A
71%
11
3%
•
—1
common:
17%
11
Apr
.—8
70 Va
~5%
3 Va
1%
•
22
900
2 Va Mar
2%
—
1
..
common
1,300
A
2 Va
Jun
1,200
Aug
16 Va
1
100
37 Va
713,4
v
300
23
3%
2'A
1
preferred
Amer
'
Jan
4%
'
•
preferred
Puget Sound Pulp & Timber
Co
Feb
10%
2
I2L50
common
prior
Pyle-National
1,100
500
Jan
lJ/4 Mar
21 %
common
Control
Leatner
Singer
Jun
7%
1
•
Co
cumulative
Sound Power
Pyrene
108 %
ZZZZZZZZII*
4%%
$5
Sep
10%
23
Z-'ZlOO
Corp of Nevada..
Prosperity Co class B
Puget
100
7
2.50
Producers
Service
Jun
200
1
common
Providence Gas
Public
4%
102 Va
10
-IZlUZiso
of
Jan
10
preferred
Lambert
6%
3,900
200
12V4
16%
Oct
Sep
57 %«
1
Pleasant Valley Wine Co
Pneumatic Scale common
Prentice-Hall
7%
shares.
~~
Jun
49
26% May
5% Mar
Apr
4
6
Mining Co
42 Va Mar
3'A
43
23 Va
7 Va
16%
__
1
convertible preferred
Boss
2
10 Va
4 %
Pltney-Bowes Inc
2
Pittsburgh Bess & Lake
Er"ie~RR_ZZ~50
Pittsburgh & Lake Erie
sn
Pittsburgh Metallurgical common
Corp of Canada
Jun
420
3'/4
25
Simplicity Pattern common
Singer Manufacturing CO
...
•
Pioneer Gold Mines Ltd
Piper Aircraft Corp common
24% May
Aug
3%
•
.
Feb
1,100
55%
•
Pierce
1st
4
2%
9% Aug
Sep
200
—.—
Shawinigan Water & Power
Aug
Sep
May
2%
•
41 Va
/4
=7
50o
31
4
150
100
4134
ZIZZIIIII2Z5O
19 Va
Sep
113
4%
•
common
17%
14 %
Mar
:23 % Jan
101
,
Governor common
Plnchin Johnson Ltd
SO Va Sep
Fab
24,300
2'/a
8%
2i
Sep
1
Shattuck Denn Mining
3% Aug
Aug
7%
2 l/a
M
Philadelphia Co common
Phillips Packing Co
Jun
3
45%
3%
"
Perfect Circle
Corp
Sep
22 V2
Apr
Apr
t»va' on,n
t>tp
5
common—
,
Corp
Safety
beton
$3
25% July
33 V*
80
6%
~7%
1
•
Pep Boys- (The;
Peppereli Mfg Co.;
6%
Inc
8tmmons-Boardman
July
17% Sep
10
2.Z0
Penn Water & Power Co
Power
100
2
2 Va
1
Inc
Radio
Silex Co
Jun
1,900
3%
ZZZIZZ23
ll™ *0V,?Z &Co_. 4%% Pfd___ZZIoo
Light
Traffic
Alexander
19
90
3 Va
45 Va
Penn
&
50,300
250
19
"3 %
*
Penn Gas & Elec class
A common
,Tire & Rufaber
11%
8,900
—
*
fierrick Corp class B
97
Mar
2%
145,600
23
.
90
*
11111111—3
cumulative preferred
Powdrell
Jan
Feb
11
1
Mills
Telephone
10 Va
23
5
wd
3%
7%
11%
4% Mar
1,600
2,200
8%
20%
stock
Sick's
106%
V", /•-. T„,
Pennroad Corp common
ZZZZZZ
Penn-Dixie Cement warrants
Polaris
91*
23%
2%
8%
221/4
17%
certificates
Shoe Corp of
Apr
32% July
Mar
101
"3%
8%
20'/a
Inc
B)
(R
36
Jun
29
210
23
Z
Plymouth
Co
32Va
300
xl03
•
ReeL.ZZZ
&
1,500
Jan
Sep
!—•
prior
$5.50
KM May
12 Va Mar
c___.1111111.
t
v
Co
Parkersburg Rig
30 Va
Oct
Jun
3%
28
industries
Sentinel
Sep
95
Pantapec Oil (CA) Amer sh—
Paramount Motors Corp
Parker
34%
30'A
19%
11%
Jan
X103
103
Jan
Jan
6%
27%
Co
Allotment
Jun
14 Va
•
Paee-Hersey Tubes commonZ""
Pancoastal Oil (CA)
33%
26
Lighting $5 preferred
•
Power & Light 5%
pfd__ZZZlOO
Pacific Public Service
com
•
Apr
14 %
700
7 Va
2 V4
1
stock
4%
Pacific
11%
400
27%
Sherwin-Williams of
Pacific
Sep
Sep
6%
2,000
2
*
39%
Feb
6% Feb
33 '/a
Jun
July
7
21%
1
Bemler
17 Va
§
lst~pfdZZIZIZ25
13%
5 Va
5 1/4
8%
1
Corp General
Shoe
Jan
Jun
7%
Apr
42 %
6 V'4
25
Segal Lock & Hardware
Jun
48
14Va July
15
Jan
600
Mar
Jan
6
—
Shelter Mfg Co
Sherwin-Williams
Pacific Can Co common
Pacific Gas & Elec
6%
5 'A fr
1st preferred
Feb
3% "Aug
1,450
common
Co
Bros
IO9V2
July
'
13
■
__
8
—
5
5,200
14% '
19%
22 Va
25c
common
Manufacturing
1% May
Jan
30 V*
9%
17
5V8
1
United
Bcovill
'101% Aug
900
;
Ltd
33
37%
900
"5%
—
1
Sentry
l
Inc
O'okiep Copper Co
1%
•
Mar
10
—
Corp Ltd new common..1
pfd (new)
49
conv
Convertible
1%
2% May
93
1,000
1,100
.'7%
17
l»°,4
1
Lawrence
1st
t>ciccteu
:
'
■
100
Gas
United Filters class B
Omar
1%
•
preferred
Natural
Poindexter
..._50c
Jan
July
2,200
38
7%
"5%
1
Salt Dome Oil Co
Savoy
O
Corp
4% May
86
1.25
Selby
Ogden
37 Va
7%
*
9%
5%
5
38
._1
common
Aeronautical
9 Va
5%
10
Ltd
Ave
9%
5
Co
Corp common
Oil
May
32
Sep
23
5
;
Inc
Electric Steel
Jun
£1
Corp common
(The;
2b Va
1%
30
,
■y
Apr
34 Va
2
90
Jan
Fep
3
•
common
ord reg
dep rets for
Cable
21% May
3% Mar
:
Feb
19%
18%
.
Feb
44% *
•
4
Aug
2Va
Inc
2
90
—
Sep
24% Mar
Royce Ltd—
Rome
Jun
48
Mar
15
Pendleton
&
2
100
Jan
IV2
18 Va
(
3d0
1% May
Feb
48 Va
1,800
xl02%%ixl02% xl02Va
25
;..
1
pfd F
6%
3V2
20
33% Mar
700
t c
v
Rochester Gas & Elec 4 %
'
H tyh
3% Mar
200
12% May
Jun
Feb
% Mar
2
16
2Va
—
3
,
Co—
Ryan Consolidated Petroleum
Ryerson St Haynes common
Jan
9 l/a Mar
12
—
..
15%.
2 'A
50
Northrop Aircraft Inc
Novadel-Agene Corp
7%
—
26%
1
;
1,300
11% July
33
5
Co
500
600
1,300
Gas
Ryan
May
Jan
18
40
!
.
Valley
Jun
1
Jun
7.%
__
& Engineering
Goods
Dry
Russeka Fifth
117
Apr
%
8Va
9%
7%
Co
&
Jun
105
X92 Va
18 A
May
Feb
400
J!
—
Northern Indiana Pub Serv
5% pfd.100
Northern States Power class A
170
19
10%
400
%
10
9%
__
•
Oil
92
Feb
Low
1%
July
10%
Feb
7
100
17'A
•./'
__
3
Airlines
Penn
27
16,300
102
%
10
North Amer Light & Power common__l
American Rayon class A
•
Class B common
•
North
Mar
14%
7%
102
5
•
Hundred
American
9
350
30
102% 102%
__
North
North
200
9'A
7%*
,
Niles-Bemetit-Pond
Nineteen
7%
1
common
Niagara Share Corp class B com
Nipissing
Jun
Feb
—
100
preferred
B
2 Va
75
12 Vb
9'A
1
High
1
(Robert)
Rowe
preferred
2d
Feb
75
10
Niagara Hudson Power
Class
l'/a
1,000
80
29%
3%
Range Since January 1
•»
Low
1
4
July
Corp—
Pounders shares
1st
1%
80
10
Merchandise
N
5 %
1%
__
•
■
Co
3%
Roeser
New
New
Shares
727/a July
6%
25
6%
260
,
17% Aug
200
—8 %
1
<
3'A
3
:
•
-
for Week
Rice
May
6
84
'
—
»
Shoe
Sales
Range
of Prices
Reliance Electric
Jun
6%
-
Jan
Week's
Last
Sale Price
Exchange '
Curb
Par
3%
2U0
8%
York
New
High
Va Mar
10
6'A
86%
1
—
1
.
16%
20
Arizona LandL____
Low
2%
■>
10
•—
100
Watch
convertible preferred
OCTOBER
'
16%
—
*
A
EXCHANGE
ENDED
STOCKS—
Kane* Since January 1
Mtgk
2'A
5
class
Haven* Clock <fc
New
Low
—
5
r
WEEK
Monday, October 4, 1948
Friday
Share*
30o
Neison
(Herman; Corp
Neptune Meter common
CURB
FOR
CHRONICLE
for Week
ol Price*
Par
National Union Radio
YORK
RANGE
FINANCIAL
Sale*
Bale Price
•
Exchange
Curb
We«k'*
&
Vmer
dep rets ord regis
dep rets def regis
£1
—
5%
Aug
7%
Aug
5s
%
Aug
1%
Jan
THE
Number 4739
168
Volume
RANGE
Week'e
Friday
"
Corp common
Toklan Royalty Corp
:
Toledo Edison 4%% pfd
Trans
Shares
Ranre Since January 1
Lux
Inc
2%
2%
July
66
Sep
Gas
Eastern
Elmira
Water
Oct
99%
Jun
Ercole
Marelli
1
Mar
1 %
May
2%
4'/a
4%
l,b00
3
8,800
S
Sep
6%
4% Aug
1%
A6%s ex
5s
Nov
Sep
9
Jan
1
Jan
Green
4s
U
10c
5
Unexcelled
Chemical
Union
Gas
of
Union
Investment
Corp
3%
6%
7%
Sep
2%
Jun
3% Aug
6%
Apr
6% Mar
8 Va
Jan
4
7%
1 %
600
3%
•
Canada
200
i%
2,700
series
A6%s
—
__
88%
175
90%
88%
__
*100
of Omaha-
97%
Jan
62
Sep
Jan
56% Aug
__
A 7s
Chemicals
United
50o
Products com
Aircraft
common,
i>
__
5% July
Jun
3%
1,500
" 37A
_*
__
Jan
38% Mar
3%
70
Feb
ft
Corp
United
United
Light &
1970
United
Milk
Products
common
-v
Amer
1
,■ United
Y»
Isarco
with
A 7s
ex
Sep
36% May
Feb
20% July
20%
22%
12,400
177/a
Feb
22% July
Kansas Electric
17%
17%
25
15
Aug
24
24
100
24
Sep
22%
__
25c
„
_*
30
Jan
25 %
Jan
5% May
7/a
200
1%
1%
.
55%
9%
-
2
Jan
Sep
Aug
U
S
38 %
9%
Jun
«2%
Sep
■
Feb
2
Sep
U
y
Radiator
S
U 8
preferred with
common,;
new
Stores
Corp
.
1
]%
50c
com
1.100
3%
2,500
1%
82 %
300
70%
6%
Feb
.
1%
1%
28%
16%
28%
17%
28
25'A
io
17%
28
69
70
51
$>b%
75
24
J-D
& Light
3%s
—1969
Midland
-
Extended
Milwaukee
1956
\
17
15%
25
104%
107% 107%
107%
28%
16
"2
17%
107
109 V«
101%
3
104%
103%
t"
$101% 103
F-A
—
RR—
4%
at
'
^
■
.
deb 4%s
t
■
17%
20
$.103
J-J
Valley
I
•
$12
17%
J-J
1963
to_.
4%S—r—Mfl:,
Gas & Light
64%
64 34
A-O
$$
104
MS
Y
Westchester Ltg
Power
Ohio
1
38
~i
104
67
102%
106
5% May
May
86
Sep
8%
Sap
1%
Apr
3
3 % May
Hydro-Electric
Piedmont
A6%s
1947
1
Oct
ex
101%
108
100
103 V*
--
1
82%
92 Va
—
—-T-'
103%
105%
103
105
19
34
$104%
J-J
$104% 105%
:,'Y_
$24'A
1
29
$12
1960
coupon
107 Va
104
104%
92
92
J-D
Co—
ooupon—1960
Oct 1 1940
A6%s with
$101
92
J-J
—
Jan
Sep
3s*
1st mtge
104
105%
101%
5
.
105
%
jA-O
,
1964
Pennsylvania Water & Power 3 %s. 1964
3 %s
1970,
Lexington
105
.„A-0
-~5
'
101% 102
J-D
/
1968
1971
3s
mtge
Park
$106% 107%
M-N
1961
2004
4s__-
mtge 3%s.*,.
1st
Jun
2,200
2%
28 Va
17%
2.9
28%
17
1
24
i—1968
England Power 3%s__—
2%
1,300
17%
29
69%
/-J
3%s
&
19% May
Feb
4
60
25%
Power
N
700
7
2%
2%
11%
$25%
$26
J-J
1963
New
July
3%
Feb
81 %
6%
—
1
.
Rubber Reclaiming Co__-
United
1,000
-'3%
»
•
warrants
2%
56
26
26
1952
1952
coupon
Jan,
13
13%
13V'a
__
—
F-A
—
1947 coupon
1
''
\
1
.
_,
•
1957
Apr
41%
ff%
38
20
500
10
2
1
International Securities-*-.*
and
$5 Jst
'
27
57%
Jan
10%
•52%
1,875
56%
38%
„
10c
Conditioning Corp
U S Foil Cc class B
'
Nov
Kansas Power
July
7
56%
-
1
250
Jan
245
■
—
—
25
common
$25%
Altalian Superpower 6s
100
-
Specialities
Air
1940
1
16
1st
U S
Nov
30
10
United Shoe Machinery common—-25
Preferred
27%
57%
Hydro-Electric Co—
A 7s
100
preferred--
United
$26
ctfs
escrow
800
dep 'rets ord regis
10%
1061/4
J-D
„
Power Co—
McCord Corp
tynited Profit Sharing com
103 Ve
1958
1955
1952
Y2
5% May
NJ RR & Canal
103% 103%
57%
1
coupon)-——1952
30
*
United Molasses Co Ltd—
f.
ll-N
coupon)
187A
30
;
__
7
Railways.!
102%
1941
18%
*
10
,
common
103 Va
100%
1941
3,700
^
warrants,Corp
100%
$100% 101%
F
•
Elastic
United Gas Corp
$100% 101%
1957
(Aug
A Debenture
% May
61
102%
103%
A-O
coup)
1941
1
•
United
Preferred
3%
38
100%
102 Va
A-O
E
(Jujy
Interstate
United
50
105
$103%
1958
C__
(Dec
series
A7s
45%
$102
J-J
Sec—
Power
series
A7s
•
A—*——
Yards
Stock
•
31
Jan 1949
series
A6%s
A7s
Union Oil Co of California—
S3.75 pfd series
112
24%
J-D
.J-J
6s
B
International
6% July
Apr
6
4
Co
110
35
$12
50
M-S
—1963
Indianapolis Power & Lt 3 %s
i%
__
G
High
103%
Jan 1949
Power
& Western
Guantanamo
6s
Corp
110% 111
'
$24
1950
3%s
Ry
Western
Mountain
Hygrade Food 6s ser A
Realization
Loxo
97%
'
15
1940 coupon—1953
1947 coupon
1953
1961
Grand Trunk
12
4%
100
4%
100% 101
11 Jr
Co—
Elec Mi'g
stamped
9% Max
4%
100%
Finland Residential Mtge Bank—
May
31
July
January 1,
No.
MS
.
Range Since
Sold
High
J-J
1958
5s
Bonds
Friday's
or
Bid & Asked
6%s with Nov 1
A
Apr
4% May
Feb
28
—*
1
•
Lt & RR
Jun
91
1
1965
3%s
Fuel
&
75
700
91 y8
1
warrants
;—
Tung-Sol Lamp Works com
80c convertible preferred
Union
Sale Price
Low
700
2%
91
91
2%
Corp
Trl-Continental
Ulen
Last
Period
Exchange
Curb
High
Low
High
57
100
1
1
Mining of Nevada
Tonopah
Low
20
70o
Shipyard
Trunz
Week's Raaga
Friday
Inlercet
BONDS
York
New
'''
Par
Todd
EXCHANGE
Sales
of Prieee
33
OCTOBER 1
FOR WEEK ENDED
tor Week
Range
Sale Price
Curb Exchange
York
New
Last
'
(1389)
CHRONICLE
JMANCIAL
CURB
YORK
NEW
STOCKS—
&
COMMERCIAL
__
Public Service Elcc & Gas Co—
Universal
39%
20%
5
•
Sugar
Utah Power, & Light common
45
July
22
May
29
Jan
2%
Sep
25
2%
2%
2,400
21%
2%
__
Sep
Aug
37%
400
20%
__
-10
Universal Products Co common
Utah-Idaho
38
39%
10
Insurance
19% Mar
23%
Universal Consolidated Oil new com__10
21%
300
3%
Electric—
Steel
inc
mtge
$4 convertible
5
preferred
%
67
67
6l'a
V Jan
Sep
10
Sep
98
Feb
10%
Jun
5%
Jun
67
10
Southern
Counties
1st
'
Venezuelan
Venezuela
1
~7%
6%
7%
1,500
-20c
3%
3%
3%
800
Petroleum
Syndicate Inc
•
Vogt Manufacturing
12%
—
53A
15% May
12 Va July
100
.12%
$113'A 115
113 Va
$100 % 103
97 %
101%
1965
M-S
29
101 %
105%
5
103%
105%
5
101%
105 %
3s
Spalding
Waco Aircraft Co
Baking
Wagner
W
preferred
cum
Waltham
Ward
Watch
Baking
%
"l%
1 5
"2%
2%
4%
warrants
4'A
8
50
A
3% May
Feb
Feb
Apr
.
Feb
2%
Jan
Jan
,
.
13
8% Mar
Ternl
2%
2,400
23A Mar
6 Va
Apr
5
1
Corp
1.600
2% Mar
7 Va
July
1%
Wentworth
Manufacturing
West
Utilities
.1.25
Texas
Western Maryland
Tablet
Western
&
*
preferred.
$6
7%
Stationery
—10
Mfg..
& Co.
Wichita
Wlckes
(Wm)
C)
<R
Willson
—
Brothers
Lt
Woodall
Industries
Woodley
(F
500
100
9%
May
A6%s
United
Electric Service
—1
4%
25
4%
...
16
_
_
__
1
$22%
28
Waldorf-Astoria
A 5s
Sep,
18%; Jan
•
Sep
'V--i 16%
1954
Lu
f debentures
b
A-O
J-D
119%
F-A
101
1959
108% 108'/2
119
Sep
11%
Feb
101
Feb
14
19
Jan
Foreign Governments & Municipalities
May
200
400
17
Feb
24% July
40
95
Jan
102 Va July
10
10
20
10
Sep
14
Jan
—1
17%
17%
500
13
Feb
19 VA
Jan
9 Va
Jan
2 Va
2,000
23%
'
67A Aug
——
•.1
•
2Va
Week'a Rang*
Friday
Interest
er Friday'a
Bid A Asked
Last
Period
BONDS
Bale Price
....
— —
2A
3
New
2% May
Mar
York
20-year
Exchange
Curb
(Col) —
April 1946
Jan 1947
7s
Cons
Low
Friday
BONDS
Interest
Period
Exchange
Last
Sale Price
or
Friday's
Bid it Asked
Low
1970
J-D
104%
1953
J-J
100
1955
Electric
M-N
.1964
104
99
High
Range Since
January 1
Bold
Low
No.
104%
32
49
96
103'A
10
99%
107%
103 Va
106%
109
111
$105% 106'A
w
—:
-
108
Maranhao
Interest
AMedellin
A7s
1960
_
Steel
Edison
J-D
-1998
6s
2%s„l
110
J -D
110
10
155
$155
Q-r
1970
110
99 %
99
99%
15
98 Va
168
(20% redeemed)A5%s (20% redeemed)
J-J
92%
91%
94
46
M-S
.1948
-1954
96
94
96
63
-
97
82 %
1966
M-S
105% 105%
3
104
106
Debenture
5s
1958
A-O
104
103% 104%
27
103
5s
1969
M-Q
106%
106% 106%
4
105%
107%
Debenture 3s
1977
J-J
Cities
Consol
1st
•
Gas
1st
El
ref mtge
-■1st ref
ref
2%s
mtge
2%s
conv
Consolidated
Gen mtge
Lt
& Pwr
2%s
ser
1969
City)
of
A-O
N
J
83%
84%
228
78
7s
102-% 102%
1
102
106 3A
39/a
84%
66
78
1
7
—
M-S
—
12%
12%
2008
M-N
J-D
2%s
to
1951
stamped
of
stamped
67
—
—
—
J-D
J-D
42%
-A4
$60 A
—
—
•.••''•
•
42%
44
42
--
—
44 A
—
63
30
64
«
81
.
,ot}
J-J
2%
2012
6'As
1919
J-D
MS
J-J
—
|
Government
42
1
$42
M-N
A-O
J-J
(Plan
--
—
1931
1972
1997
to
13
39/a
—
35
1947
2008
stamped
8
12
-
27
$32%
(Plan
reduced
5/2
24
31
-f24
—
1947
1927)
Oct.
5
—
(Republic of)—
ARussian
31
58
67
Bank of Denmark 5s
Interest
88%
102%
98
98
98
2
98
98
10
97%
101
97
100'A
M-N
y,
•
—
...
....
—
,
14%
14 $2
$6
21
21
2A
1
A)
13 A
15 A
—
1921
A5%s
103% 103%
103%
109
A-O
111% 111%
111%
•No
e
Odd-lot
prlncipal,
115
par
n
$Friday's
A
value,
a
transaction
(not included
—
1954
mtge 4s ser B
84%
J-J
1981
Western
mtge 4s ser A
J-D
1976
Q
4%s
&
t)
—1962
(Bait
stamped
reduced
de Janeiro
Rio
—
—
>
21
—
—
<
s
22/8
^8
15
18
2/4
24
3Ml
—
series R
Gas
Lackawanna
A 1st
(Bait)
3s ser P
debs_
Delaware Lack
1st
Jan
5s
Service
65%
62%
36
$5%
to 2%s (ser ABODE)
is
105 %
Debenture
Peru
High
61%
61 Va
-
.
99%
Low
71%
$70.
—
—
10?%
81
■
M-N
F-A
A)
Interest reduced to 2Vss
A5s
—
J-J
♦
Electric Corp—
States
__
6%s stamped_1958
(Plan A)
(Peru)
(issue
Parana
ICentral
No.
1952
AMortgage Bank of Chile 6s
Mortgage
January!
High
1953
stamped
6%s
Mortgage Bank of Bogota—
A7s (issue of May 1927)
Telephone of Canada—
Boston
5s
AExternal
City
Range Since
Sold
__
-$32%
J-D
Danzig Port & Waterways—
ALima
102%
$02
$62
__
High
100
102% 103%
J-J
Bonds
.-
-1955
5 %S
External
Week'e Range
1948
A-O
J-J
Bond*
Municipal -Loan-
External
Bethlehem
120
Jan
16 Va
—£1
5s series C
•; 117.,,.
>' 98% 103%
73A May
33A
200
11
Danish
Bell
4
12% Mar
;
A
Associated
108%
May
Feb
10
Bogota (see Mortgage Bank of)
ACauca Valley 7s
Curb
13 "
119Va
101
-
86
108
102%
2
Jun
Agricultural Mortgage Bank
A20-year 7s
•
York
72
106
22
$106% 107 Va
J-D
1960
5s
82%
82
M-S
1964
2030
Water Power 3%s
Newspaper Union—,
6s conv
;
27%
$12
Hotel—
Jan
24%
Western
103'A
18
26
$24
1956
1956
coupon
coupon
debs
Income
Washington
38
101%
iTOl'A 101%
J-D
«.,._•
New
30
19
25
24
1949
Traction 5s_
24
101
American deposit receipts
•6%
preference
Wright Hargreaves Ltd
30%
19
$15
1953
4s
Ltd—
W)
75
22
.
Co—
1940
1
1947
Penn
102
24
100
..
Inc
Dec
Dec
West
Jan
25%
...2
pfd
with
ex
40% July
,
101
•
.
4!/a%
A 7s
29 V4 July
Mar
Jun
9%
50
A-O
coupon
1947
1
Electric
6%
10
Aug
ex
Penn
8
10
1946
.l
West
17% Mar
*
Petroleum
Woolworth
"9%
X20% x20%
—
::
xl4%
V,v-
I—I
common
&
1
5
—
Inc
5 % preferred w w
Winnipeg Elec common
Wisconsin Pwr
33
28
1940 coupon—1953
A6%s with Aug 1
Apr
161
20
21
May
1153A
Feb
150
38%%%
20-14
1
Co
&
Products
Jan
140
50
36
.
10
Corp
Corp
(The)
Williams
Wilson
Oil
River
10
25% Mar
1.20
Inc
Whitman
500
com
Coal
Westmoreland
10
112
152
•
Westmoreland
Weyenberg Shoe
8
152
Feb
63A Mar
V
1st pfd_ IIoo
Ry 7%
—
$22 Va
120
63
2
Industrfes—
stamped
United Electric Co of N J
2% May
—
J-J
104
114%
— —
65
105%
96%
7
$118% 121
65
101
100%
102
Hydro-Electric Co—
A 7s
Aircraft
Warner
1946
stamped—»
2nd
A-O
102
102
Corp—
(Hugo)
7-4s
M-N
A-O
11% July
110%
July
1 %
500
Stihnes
•'
106
8%
s%
1
Co_,
Co
1
200
■*»»''
'
-30
i
10 34
10%
1
Bond Inc
&
(2
!.
1%
ctfs ext.*
——•
•
8
__
voting trust
-
Waltt
:iVr
3rd
A7-4s
3?. ••;•
98
4
$103% 104 Va
T-A
1989
1950
-
trust
(Hugo)
;
99%
1966
(A
collateral
99%
99%
1970
3%s
Elec
&
G) 5s
AStarrett Corp inc 5s
Stlnnes
■
Gas
J-J
;
103% 104 Va
104
114
—
1
Southwestern
103% 104
A-O
1971
102%
102
102%
J-J
1970
(Calif)
Gas
101
Af-8
A-O
3%s
Gas
mtge 3s
5s
|;
103%
100
1952
1951
1973
California
Jan
274 Mar
800
6%
160
98
$99% 100
3VsS series A
Southern
€
27
M-N
3s
Edison
California
Southern
6'%
19
99% 101
101V
3s_1981
6s B
Joaquin Lt & Pow
Bcullin
common
156%
156% 157
157
*
1952
Bafe Harbor Water Power Corp
Ban
Valspar Corp
J-J
A-O
1998
debs
6%s series A
Jan
22% May
19% Mar
6%
50-year
Queens Borough Gas &
Bonds
Deferred delivery
(not
included in
year's
(not Included In years
Ex-dividend.y Ex-rights.
Under-thp-rule transaction
in year's range),
x
bid and asked prices;
being traded flat.
no
ai-interesi
^v. h Exr Transaction for cash
mot Included in year's range),
d
range),
f Ex-distribution,
g Ex-stock
transaction
sales being
range),
transacted during curient week.
SReported in receivership.
RR—
Abbreviations used
Division—
M-N
1993
1993
,
59%
62
55%
65
tive;
May
$43%
45
29%
46%
"w
above—"cod," certificates of deposit;
"conv," convertible;
i,"
when
issued;
"M." mortgage; "n-v," non-voting
with warrants; "x w," without
"w w,"
"cons," consolidated;'''cum."
stock; "v t c, voting trust certificates,
warrants.
■"M
mi
34
(1390)-
THE
COMMERCIAL
&
FINANCIAL
OTHER STOCK
EANGE
Baltimore Stock
Friday
Week's
Range
Par
Corporation
Baltimore Transit
5%
1st
Low
Co
vtc.
common
__■>
vtc.
-5
1
Friday
Shares
Range Since January 1
Low
170
3.00
3.75
951
2
Mar
5
Jan
15%
—
17 Va
135
12
Apr
23
Jan
Jan
13%
Fidelity
&
Class
of
B
Guilford
New
Deposit
Co
Co
common
Edison
Co
4
217
217
217
1
217
25
25
48
.2
Cities
Service
Coleman
Co
(The)
27
60 :
138
160
Sep
310
90
310
Jan
25
255
27%
Sep
Sep
22%
25
Feb
28%
30
27
89
Jan
92
90
Consumers
July
July
Sep
Dodge
.
_
-100
90
50
46'A
—
5s
Transit
46%
478
44%
Feb
series A
.
.1975
48%
48'
49
1975
4s
Co
.
51'A
50 V*
52%
....
Co
Jan
July
Paper
52%
Jun
$14,500
43
Jun
68
Mills
Corp
of
45
Jun
77
Brewing
(Peter)
(new)
Finance
Motors
class
Amer
*
Agricultural Chemical
American
Sugar
Tel
American
Tel
American
—
—100
.—100
Copper
&
151%
Bird
&
Son
Boston &
42%
95
40%
36%
50
36%
150% 152
Jun
147% Mar
2,362
52%
39%
158%
Jun
46%
901
36 Va Mar
57
34 Vt
35%
175
30%
Boston
Elevated
Stamped
123
25
41
40
18%
100
123%
122
Feb
82
41
17%
115
965
36%
—100
18%
18%
19
m
21'A
21>
22%
&
prior preferred
5%
class
cl
Boston
A
D
1st
1st
Personal
198
,
18%
4 Va %
Mass
6%
1st
5%
pfd
Eastern
19%
>'
"V.
Apr
Mar
28
Feb
51% Aug
5
Sep
10
7%
Jan
xl5 %
205
5%
110
47%
70
11%
11%
300
—
_
--
100
Street
series
A
79
—
100
adjustment
64
65%
5%
Katz
Fen
9%
Feb
Sl5
79
79
65%,
130
60%
V2
Jun
16 Va May
.
83
Aug
General
17%
19
33
26'A
Feb
56%
:
30
321
t.
43.48
5
38'A
39%
1,460
32 Va
a
__
Middle
Royale
32 Va
32%
329
Loew's
5%
RR
common
preferred
Mathieson
_
—
Chemical
Mergenthaler
'
£,
49 Va Mar
-
-
>
New
w—.
1
Cos.:
Electric
'
'
—'
20
System
■'
York
New
North
New
Butte
Northern
Haven
Hartford
&
H)
(N
Pennsylvania RR
—
38.90
Feb
46.35
31% Mar
42% May
28
39 Va May
Feb
3 Va
Jan
4 Va
Feb
60 Va
July
13%
14
13% July
16
Mar
100
,vir :a';h
6%
Feb
17
Sep
71
67%
185
31%
Feb
34%
50
28%
Feb
50%
75
41 Va Mar
54
16%
20
14% Mar
21Vi
Jun
27c
27c
25c
54c
12%
Jan
84 Va
86%
230
9%
July cfr,
Oct
Stone
Webster
&
Union
Twist
U
K'
17
10%
36c
107
Apr
Sep
Aug
14%
Apr
Jan
Feb
22% May
6 Va
6%
605
3%
Feb
6% Aug
15'A
15%
600
13%
Feb
15%
15%
198 .1
11% Mar
18 '/a July
34%
34%
35%
255
34%
41
5
Sep
16%
Sep
May
38 Va
38%
38%
55
35% Mar
42
•
51 Va
50 %
51%
3,507
48 %
Feb
58 Va May
25
56%
55 Va
56%>-
550
52%
Jun
62%
Apr
42%
44%
235
38%
Feb
49 !A
Jun
A;:
13%
14
120
13%
Sep
com.
Co..
__
27%
806
25
Feb
10
i——
if
Inc..
Electric Corp
_
.12%
—
Jan
Friday
Week's
Jun
Range
Allied
Laboratories
American
Armour
Tel
&
Asbestos
Avco
&
Co
Tel
Co
capital
V
15
High
Low
High
153/8.
700
7%
Feb
15%
10 %
200
9%
Feb
12% May
20'/a
20%
200
150% 151%
900
100
8
8
9%
3,000
20%
148
Sep
26%
Jun
8
Oct
Feb
1%
1%
200
1%
3%
3%
200
3'A Aug
4% Feb
6%
6 Va
6%
32%
32%
32%
3
Belden
Mlg
Bendix
Aviation
Co
Binks
———
Corp...
Manufacturing
Borg
fGeoree
Piston
Butler
Bros
Ring
Central 111 secur
Cent
ii
S
W
Chicago Corp
Cbnvfertible
For
Util
capital
1,1001
15
May
2% May
4%
Apr
common
7% May
—_
15%
250
15% Aug
20%
400
31%
Aug
36
9
650
8%
Sep
13 % May
11%
Jan
July
11%
11%
350
9%
Apr
13%
55%
55%
100
45%
Feb
66 % July
-1
15%
15%
50
11
1
11
11
9% Mar
12% Mar
—'
10%
10%
100
9% Mar
3%
—
July
Sep
11
900
19
1,250
18
Sep
10Va
50
9
Jan
Sep
11% May
51
53
53
Sep
64 Va
3
__
18'A May
9'A Mar
50%
80
314
„
200
.
3
I
1
Jun
12
.,
20
Sep
9%
Feb
13
13
100
34%
__
20%
34%
200
20%
1,200
19 %
.
\
__
5%
26%
__
5
Jan
V
May
28
16 Va May
Mar
42
'
■
July
8'A
Jap
Sep
34%
Jun
200
9%
Sep
14%
Jan
14%
Sep
8%
14%
50
23% Mar
19 V2
300
Feb
10 Va
16% Mar
21'A
Jan
23%
200
22% Mar
29% May
10%
10%
11
10%
11
5,700
7%
Feb
15'A
10
10 %
1,500
7% Mar
11%
Jun
*
25 Va
...*
•
12%
__10
34
26
23
22 Va
8
*.
1
3%
5
29%
12% Aug
50
32 % Mar
37'A
26
Mar
35
May
8
Jun
9
Jan
Feb
23
Oct
7'A Mar
10
May
10
May
100
8
50
350
8%
19%
950
7%
7%
1,400
6%
19%
20%
800
19%
13 %
50
13
-V
Sep
13'/a
Aug
■
:
16 Va Mar
23
8%
734-
28% May
10
class A
May >
4% July
64% Mav
25
preferred
30
90
26 %
*
Jan
100
34
26 %
20
Feb
4'A May
100
29
13
9(J0
12%
*
22
50
4%
55%
28 Va
__
common."
25 V8
4%
2
com
9% Aug
200
531/2
55%
*
new
•
•
Jan
10 %
common
r
Apr
300
23%
1
—5
;
t
Jan
9'A
17%
-17
__
vtc
Manufacturing common
Peabody Coal Co common
prior
Sep
9'A
9%
1734
_*
common..
Electric Switch
Feb
5%
26%
14%
*
Corp common
Bancorp common.
:
Northwest
19%
100
300
5%
27
9>A
1
Co
Car
Pennsylvania
RR
Pressed
Car
Steel
Packing
capital
50
.
common
177s
__
1
common
St
Louis
Nat
Jan
19
7
1,700
16%
Jaii
Jan
24% May
21 !A Jan
Feb
7
100
27%
27%
28
230
27%
Sep
33
33
33
130
30
__
10
Sangamo
Stockyards
Elec
Co
capital—_•
common
*
•
30
30
3934
37%
3934
7
22
Sep
May
11% May
V
31
Jan
Jan
35
July
27%
Feb
34% May
32
900
__
Sears Roebuck
Serrlck
&
Co
capital
Corp class B
Shellmar
Prod
•
50
>
Feb
42
Feb
12% May
34% July
common
1
12 %
12%
12%
400
10Va
common
Corp
.*
29%
29'4
29%
200
26
Signode Steel Strap common
Oil
Corp
*
Sinclair
Society
Brand
Bend
Spiegel Inc
Clothes
Lathe
25%
3%
100
3%
SeD
12%
12%
200
10%
Feb
10%
10%
3,300
8%
capital
T->-
5
10%
11
500
65
250
Feb
9% Feb
64%
V250-
7
27%
9%
Mar
Feb
,,.15% Feb
May
200
14% July
32
Jun
-' 6
Mar
25
Jan
29
Aug
7% Mar
*/
250
9%
9%
11%
400
1,700
.
27%
__
2
Standard
Dredging
Standard
Oil
Stone
common
Ind
of
Container
20
capital
Sunbeam
Corp common
Sundstrand Mach Tool new
Swift
Co
&
Texas
Thor
Co
3
25
Corp common
14
May
8V4
35 %
5
com
Jan
U
stock
Aug
9'A
36'A
600
27% Mar
36'A
35
Jun
Jun
Jan
Sep
10%
11 Va
1,200
10%
Sep
13
•
29Va
400
29%
Sep
36%
Jan
54%
54%
54%
200
52 »A
Feb
66%
Carbide &
St
Carb
18
capital (new)—*
39%
18
26%
50
26'A
46
46
30
44
350
Feb
21 Va
Sep
37
Mar
16
48
39
1,600
39
Aug
78'A
300
68
Mar
26%
27
200
25 Va
*
14%
15%
150
13% Mar
*
10'A
10'A
50
•
13
13'A
200
common
common
capital
27
40
77%
.
♦
Westinghouse-Electric & Mfg com„12%
Mach
17
26%
Corp
Bankshares
f
<
Jun
common
Inc
'
>
July
29%
2
common
Salle
Stores
53
11.
"
La
Steel
10
Feb
Feb
12 Va July
;
Jan
;
Jan
M
-Jan
42% July
83
33 Va
July
j
Jun
18% May
11% Jan
14%
Jan
Stocks—
Anaconda
Armco
Feb
7
29%
>
__5
.
(The)
3%
x37%
500
25
:
Corp
South
S
2% Mar
400
7%
25
capital
(The)
Trane Co
208
■:
42%
7%
__
•
:
200
3
41%
__
1
&
Copper
Steel
1
3
1
St San
Mining
6%
•
com
__
10
,
100
2% Mar
7%
1,650
6%
Oct
13Va
600
12%
Feb
34Va
,
28 Va
—100
3
6%
13%
__
50
Corp
Atchison Topeko & Santa Fe
Bethlehem
Canadian
Steel
Columbia
common
Pacific
Certain-teed
35'A
28 Va
116
—
Gas
Continental
*
new
Ry Co
28%
116
400
30%
Feb
100
26%
Feb
100
92% Mar
30%
13%
15
17%
15%
6
15%
Jun
35%
35%
400
13 %
14'A
500
(The)
Motors
1
•
•
...
System Inc
35'A
14'A
25
Products
xll%
1
11%
11%
8'A
7%
10
10
200
400 ? ,:
10'A
1,100
39'A
600
10'A
6
Feb
Sep
Mar
14
__
__
•
Farnsworth Television & Radio
General Electric Co
General
Public
Graham-Paige
May
Sep
Jun
Gas
Light
Nash-Kelvinator
New York
North
4% May
9%
Jun
16% May
41
May
32% May
118% Aug
Feb
38
Sep
18%
Jun
.«
19% May
'
14%
Jun
'
Jun
'
Va
Feb
10 Va
4%
Jan
12% July
Jun
RR
t
;
—.
capital
Packard Motor Car
Pan Amer Airways
Jun
Paramount
Pictures
com
10% Aug
14% May
Pure
Oil
Co
—
(The)
common
__
lr
400
4%
Feb
8% Mav
16%'
300
14% Mar
21 %
16 Va
300
12%
18% July
16% Jan
3%
•
r; ■••••:•
J.
4%
v
.
8%
21
__
9%
•
*
Jan
5%
16
4%
33%
Pullman, Inc
66
5%
__
—2%
new
July
Sep
16%
__
__
•
Inc
14 V4
3%
5%
„
:
4%
8%
21
33
Feb
14% Mar
900
200
200
9%
93A
700
313A
33'A
500
■
'
42% May
600
3%
.
5
10% July
31% Mar
12% Aug
—
3%
10
Corp
38%
;
•
Co
5% Mar
__
39'A
4
Corp
Central
American
__
"
1
'
A
Laclede
;
•
5
Motors
Jan
Mar
1
;
Utility Corp
Pepsi-Cola Co
64%
13%
25%
1
common
Works
13
23%
__
•
common
'
300
1
16 Va
14%
Mar
12%
*
40
35
8%
12
50c
common
page
Aug
15'A
12%
Corp cohv pfd——*
see
30
34
1
10
Biscuit
preferred
footnotes
-
8%
100
—.5
common
common—..
common
15%
—
10
Co
common
Carr-Consolidated
5
1
Wl- Corp
Borg-Warner Corp
Burd
10
common
Berghoff Brewing
18'A May
200
250
Jun
158%
3
Ccrp
Sep
Mar
1
Co common
3814 May
15'A
—_7
Curtlss-Wright
Bastian-Blessing
Sep
Feb
28
14%
1
Cooker
Range Since January 1
10 Va
5
common
Manufacturing
Low
Shares.
*
common
Washer
of Prices
15
common
common
Mfg Co
Automatic
1
common
300
Aug
10%
1
common
&
American Radiator
*
common
Bearing
33
65
13
18
18
common.*
new
Alleghany Corp
American Air Lines, Inc
for Week
Par
Corp
common
Illinois
Unlisted
Sales
Last
Sale Price
,-
Mar
10%
•
common.
Co
Standard
Union
Chicago Stock Exchange
STOCKS—
1,200
8
50% Mar
7'A Feb
400
10%
Jan
Sep
17% ' 17%
"
15'A
100
com
Prod
Ward
American
Wisconsin
Ball
Tool
common
National
Yates-Amer
Admiral
•
—10
Corp capital
Chemical
Wieboldt
Aetna
32%
Jan
26 %
15%
33 Va
...
60%
7%
Jun
85c
125
--7
System
Westinghouse
1,800
-
16 Va
———
Machinery
Rubber
S
Waldorf
150
43c
May
1,098
«
Inc.
Drill
Shoe
11%
108-
96
6'A
_
United Fruit Co
United
36c
Mar
19%
*
*
Torrington Co
11%
83
17%
...
50
Apr
100
.V
Sep
39% July
19%
25
Association
7%
Jan
Jan
16%
108
50
-
_
19 Va
Apr
42%
3,465
43c
9Va
Mar
Jan
272
10%
L— ;
Sep
11
9%
__
25
4
Co
Pressure
5%
200
9%
100
_
Quincy Mining Co
Shawmut
100
..2.50
Mining
RR
7
1,800
10%
3
Muskegon Mot Spec class A.
Penn
3%
86%
•
600
12%
GO
__
1
cap
7
Jun
16% May
7%
1
Manufacturing
Sep
56%
9%
—100
& Tel.
7
110
11 %
—
11%
_
South
New England Tel
&
Hart Inc
Montgomery
59% Julj*
49%
—
5
new
common
West
Jan
34%
'
'
Sep
1
Oak
66
67%
«
*
-
13%
17
100
-
Corp
Lintoype
Service
13%
100
_
_
Nash-Kelvinator
National
54
...25
Theatre
Central
3%
3%
a
Copper
Boston
Maine
15
Copper..
Kennecott
13
common
Field
&
Monroe
Rath
Isle
800
*
capital—
Mickelberry's Food
33%
Aug
39%
_
Razqr Co
Apr
14
•
& Libby common
Printing Co common
26%
Sep
130
160
43.48
«
Electric
Gillette Safety
i
Corp
Jun
Sep
2%
13
1
McNeill
Lincoln
v
Capital
Co
Co
Northern
'
General
Jan
3 Va
7%
10
common
Products
Libby
79% May
23% Jan
Aug
19
20
55%
--
Aug
10'A
200
2,000
14
common
Co
Pneumatic
&
Modine
Jun
8 Va May
64
Feb
33
~L*i-
National Stores—i
34
%
2%
Feb
common—
Co
Steel
Drug
Miller
Sep
19
*
Mar
8
82
common——*
International Harvester
18
13% Mar
313/4
v
19%
__
*
Steamship Lines Inc
25
34
25
common
Brick
Indiana
North
100
320
'34
2%
—10
Illinois Central RR common—.:
Aug
12% Aug
Ry—
pfd
Brew
National
Employers Group Assoc
First
"
-
Sep
Oct
Associates—
Fuel
29 Va May
99
common
Bartlett
Corp
Leath
32
5%
prior preferred-
Eastern
43 % May
100
47%
15
e
Co
&
Jun
100
100
—
July
99
common
Dk
Spencer
Illinois
July
555
7%
10
—~5
—
_
Range
Eastern Gas
21%
Feb
'21%
305
47
7%
10
--
*
Property Trust-
Service
Copper
44 Va
stamped—...100
stamped.100
pfd
preferred
Calumet & Hecla
Cities
—
100
Aug
25
8
10
pfd
Instrument Co
(G)
Marshall
—
Jan
23
6,700
Jun
RR—
Maine
7%
10%
Corp
Jun
30
50
26'A
99
common
&
Corp
Hupp
July
127
Railway*
Boston
Feb
Mar
"'l
_———
Boston Herald Traveler
63%
Feb
27Va
25%
Jun
40%
18%
IIloo
RR—
Hi
Dr
Hibb
High
Sep
Sep
44
#
Inc
Albany
Edison
32
4£'%
27Va
„
1 %
common
Razor
(W
Indenendent
Boston
200
Jun
'
Low
--
lio
Feb
.5
..._
Co
Werner
Range Since January 1
—
!
52%
1
Inc—
Corp
Hein
Shares
High
36%
■:
Co
Lakes
Heileman
for Week
Range
500
„
•
A
common
Cdrp
Safety
Hammond
40%
.
Woolen
Anaconda
'•
—
Refinihg
Great
Sales
of Prices
Low
Apr
Jan
56
80
65%
*
Auto
Refrigerator
Gossard
Sale Price
Par
38
Sep
10
common
America
General
Jan
Exchange
Last
STOCKS-
Jan
67%
26 Va
25
(The)
Drive
General
Jan
8,100
Week's
32
62
48 %
.
__
5
Corp
Four-Wheel
Gillette
Friday
20
69
55
56
—10
common
common
Credit
Eddy
Gibson
Boston Stock
High
38
67%
2%
BONDS-
Baltimore
Low
38
__
__*
Inc
Fox
.
Range Since January 1
Low'High
:—_*
common
Co
Edison
Manufacturing
Domestic
—
_
Shares
May
Flour
_
preferred
Fidelity & Guaranty..
S
139
217
.
Casualty
3.60%
U
_
139
217
—
-
Amsterdam
139
1
A_.
100
.100
class
....
Realty Co
Potomac
—.20
America
pfd'
A
for Week
•
Jan
16%
Commonwealth
Finance
Range
of Prices
Par
■■
Mfg cl
Chicago Towel Co common——
Chrysler Corp
(new)
High
14%
3.55
100
;
Chicago Electric
Sales
Week's
Last
Sale Price
■.
_
STOCKS—
High
14'A
...
preferred
OCTOBER
for Week
of Prices
Monday, October 4, 1948
EXCHANGES
ENDED
Sales
Last
Arundel
WEEK
Exchange
Sale Price
STOCKS-
FOR
CHRONICLE
4 V.
Feb
8 Va Sep
18% Mar
9 Va
Sep
42% July
x25% Feb
|
Jun
'
5% May *
•11% :May
26% May
23%.
t
*
f
J
Jan
1
45
Jun
:
42
May
42.
—
[■!
Volume
168
THE
Number 4739
-
&
COMMERCIAL
FINANCIAL
CHRONICLE
(1391)
OTHER STOCK EXCHANGES
FOR WEEK
RANGE
FrWfay
Week's
-
Last
STOCKS—
'
•
Sale Price
of
Corp
ii%
Rexall Drug
•'
ilVa
1,500
7%
7 Va
700
28%
300
5%
100
~2Va
28
Inc.
5%
Schenley Distillers Corp
Socony Vacuum Oil Co Inc__L___
-13A
—15!
18'/a
Standard Oil
-123
76
Standard
of N J_
Steel
Spring
Studebaker Corp common
Feb
3l7/a
23
>5%
Wilson & 'Co common
:
26%
Sep
32%
14%
Feb
23
69 Va Feb
11% Feb
91
Jun
New York Curb
Exchange
75%
76
400
13%
200
21%
22%
11%
12 »/3
2%
2%
12%
12%
16% Mar
400
Ford
Chicago Stock Exchange
Exchange
DETROIT
Building
15 V* May
29
Telephone:
Jun
1,600
9 V4
Feb
25,000
"100
•
Detroit Stock
2%
Feb
12%
Sep
WOodward
17% May
Detroit Stock
Week's
Range
Shares
Par
American
Laundry
Burger Brewing
Mach
•___
Low
_20
30
Gas
Elec
&
8.50
j
«
~9%
36
lo
Co 'common1
Mfg
_4.
44%
Proctor
<fc
Randall
ciass
S
Gamble_.j—..—
Allied
*
Mar
6%
Jun
Crowley,
Bros
81
Jan
Detroit
&
10%
Apr
*
Jun
Detroit
Edison
*
36
Jan
36
105
19%
Sep
47%
Oct
58
■25
18
16%
Stocks—
*
Jan
21
Apr
Detroit
Jan
American
Tel
&
40%
831
Feb
62%
July
_•
Mill—
•
lo
6%
Jan
Frankenmuth
Jan
Gar
Jan
General
8
.
49%
_
Mogul
Motor
71%
Jan
40"
Tel
30%
__100
30%
;.,-25
267/8
.V
277 «
Cities
6hio_____
&
28 %
"V: 461
151
15iy„.;
Service
City
Ice &
Columbia
CUrtiss
37
%f
152
<
.•
Fuel
•
:'.r
Gas
Fed
& Light
Stores—
25%' Feb
'
Ohio
12%
12%
10
_
_
_
5
10
50
:
Pepsi-Cola
15
!50
148
Mar
1774
,
158%
Hall
Jun
Lamp
18%
Mar
.-■■"Vi 8
Oct
3%
100
3
Feb
60%
Jun
Kaiser-Frazer
14%
Jun
King-Seeley
STOCKS—
Feb
105:
24%
100
21
12 %
Feb
52
28 Va
' •:
\\
5%
4,650
4%
July
32
Mar
Feb
(S S)_
400
3%
31% July
31% May
Lansing Stamping
Jun
McClanahan
64%
Jun
Michigan Sugar common
134
16%
5
12%
Feb
18%
Sep
Murray
33%
30
27%
Feb
42 V2
Jun
National
Stamping
18%
85
16%
Feb
20
9%
Sep
23'/a
Packard
Motor
50
25%
Feb
41% May
50% Mar
105
22
22
74%
75%
138
26%
26%
26%
25
*
v
^7%
78%
15c
26%
Jan
Park
—
Eaton
23
10%
215
8%
Feb
15
16%
400
12%
Feb
19
1%
100
1%
Low
Sep
29
Jun
Feb
92%
Jun
River
35 Vo
Jun
21%
100
1%
1,560
1%
•
al5iy8al51%
25
37
135
2%
Rickel
(H
3%
300
26%
545
15
3
S
Radiator
Feb
24 y2
147% Mar
158%
3% July
4
Jan
6%
Sep
87/a
Jan
SVi
Feb
11%
14
14
200
Feb
16% Jun
28%
33
Sep
75
73%
Sep
-81%
34%
Feb
41%
130
107
N
Y
Le
class
Mur
Central
Ohio
Edison
Ohio
Oil
RR
J.
A_J
:
(Un)_
Jan
111%
-34 y2
-26% May
41 y8
Aug
47%
Feb
65%
78
Feb
92 ,-Y'
,■
"
190
j
Bros
Oil
Basin
RIchman Bros
America
(Un)
(Un)
Blue
Thompson
Twin
Products
Coach
common—.
Chica
S Steel
1__
(Un)
Van
Dorn
Warren
White
(Un)
common
Iron
Works
.
Youngstown Sheet & Tube—
.
For footnotes,: see page 42.
6%
Oct
395
1%
Feb,
100
1%
Sep'
Sep
7%
Jan
Sep
,•2% May
2%
Jan
43
65
28
May
: 50
12
Aug
•14%
20
Mar
.25
Jan
40% Mar
48
Jan
60
13%
13%-
33
33%
450
a33%a33%
30
11
11 v%
572
35
39%
•
High
High
Low
4%
1,300
23
23V2
300
7*% Jun
4%Sep
•
'21%
-28% Jun
Feb
35
12
Jan
36
29% Mar
10
Feb
25
24%
Jan
35
Electrical
Ereter
__
27%
56%
•
al'8%
♦
39 %
•
a53%
.
& Tron
common
Liqutdntittg Corp
Co
Products
Oil Co
Fa-rhsworth
Inc
Corp
Ltd
:
A
clfcss
Fbb
'42
4% Mar
4%
470
4
100
2%
Fdb
20
"4%
Feb
100
12%
Feb
18 y2 July
6%
4-
6
__
82%c
1
71
27%
Feb
34%
2,270
10%
al3% al3%
7
7'/4
7%
8%
10 %
11
a27% a27%
.50
703
2,350
2,096
50
15V4 July
6y« Febv
7% Feb
10% "Mar
26
Feb
20
Mar
• 8
-Aug
11% Jan:
;Jan
;15
34y2July
a36% a37%
27% 27%
56% 56%
35
355
380
28"
Feb
20% Mar
Feb
58Va Jun
51% Jan
0»% Jun
S% Sep
6'% Sep
20% July
'49
Aug
5%
6%
al8Va a!8%
39
39'A
2«%
Feb
43
Jun
Corp
Co
cdmmofl__
1
2
10
6%
__
61%
»
__
ctass
A
com—
a45%
_*
HiltOn Hotels Corp
1
Hudson
__
5
Holly D'evelopmetit Co
♦
__
4%
1,442
90
29 V4 Feb
Feb
Apr
Feb
,61
Mar
14% Jan
95e Jan
SY* Mar
Jan
.11% Jun
15% Jun
64% Jun
36% July
45% Jun
60
50%
13
430
12%
>3,400
13
6%
,
12% Mar
930
75c 82%c
a52% a53%
16Va Sep
Feb
60c
12V4
6%
12V»
1,784
100
59%
61%
2,380
30
30
150
81
24
a44% a45%
148
39
Feb
Mar
92
Feb
al097/8al09%
10
50
Mar
.
131
July
10%
10%
4Va
4%
670
2,615
10% Aug
1.55 Jan
15%
15%
200
15V* Mar
22% Jun
12%
12%
260
12
Sep
,18% Mar
10% July
17% Jun
„
14Vt Jan
5% Aug
Jun
180
McBeart
Hancock Oil Co
jun
a31% a32%
Corp
Goodyear Tire & Rubber Co common—*
Mav
a29% a29%
(The)
Motors
Glhding
J&n
5
7
J
Radio
Tele
General
July
a6%
6c
Corporation
Garret
Sep
33%
4
t
8V*
11
——2.50
Aircraft
Douglas
July
a6%
4%
Consolidated
37% July
15% Jun
130"
39% -40
__
1
Cinry Multiplier" Cbrp
COlbrado Fuel
77%e Jan
500
1'4%
14
13%;Sep
Jan
__
-2
Corp—
Co*t>_^
Corp
Feb
31%
14%
33 Vac
Oil
52%c Feb
60c62V2c
200
*
Chrysler
May
Jun
Sep
50
;
Sep
31% Mar
175
ii%
Range Since January 1
Shares
4%
California Packittg Cbrp com.——*
Central Investment Corp
20
16V2 July
50% Mar
43
'
a
20%
22
.
Sales
for Week
4%
Byfbh Jackson Co
Jun
al6% al6%;
50
al7% al9Va
1-21
16%
Feb
22% May
*
al0% alOVi
*21
7%
Feb
15
a27% a28 '/4
72
22%
Feb
31%
Jun
47
Apr
-
Motor
Foods
Hunts
Co
Car
inc
__
common—^—6.66%
__
33%o
11
10%
11
750
10
1.40
1.30
1.40
600
—10c
independent Exploration Co
16c
16c
16c
1,000
16c
IOVb
10V2
43%
44»/«
825
2,130
8y8 Feb
43% Sep
25
55
695
1.20
1.25
840
1.10 Mar
1.60 July
21 Va
21%
495
14% Jan
24% Jun
Jun
10
•
1
*
♦
Refining &, Chemical___..___2
Motor
325
174
174
23V2
•
43%
•41
43%
425
26%
344
24%
Feb
35
a5l% a517/e
15
39%
Feb
a8 V2
20
7.% Sep
^59% May
14'% Jan
Vb a78%
45
67% Mar
Jade
Oil
Petroleum
1
Corp
Co
Kaiser-Frazer
1
Corp
,
1.70 Jun
97%c Feb
34c
Sep
Feb
15
51
Jan
Apr
30
Apr
83% July
43 y8
26%
a8 %
Feb
,
-Jun
Kern
County
Lane-Wells
Lincoln
a78
8%
2%
18 Va
a78
50
Land
Co
_5
Co
Aircraft
Co
7
Mar
100
2
Sep
3 % May
40
18
Sep
24% May
Monogram Pictures Corp
a80%
99
65% Feb
87% July
Mt Diablo
2%.
12
May
Menasco
Manufacturing Co__
Merchants
Petroleum
Oh
__
_____________10c
C6tp
' 18 Va
8%
44
1
Petroleum
Lockheed
U
Jan
IV*
i-i
of Prices
Low
_1
Coneblidated
Appliances Inc
Didmond
Bdlsa
July
90
155
42%
-
"9% Feb
48
97
a61
20%
4
1'
•
—
Standard Oil of Ohio commons.
Jun
12
9%
1
Co__^,__^uu
B^ndix Home
Iiitercoast
Corp of
Republic Steel
23%
650
10
Company—
common^.*
Barnhart-MorroW
.1
21
—
Y
Feb
•
(Un)
Petroleum
Bandlnl
Jan
•
RR
Radio
Bate Price
Par
Apr
51
-
8
common
17% Mar
137
10
Week's
Range
Last
Jun
♦
T_
3%
Angeles Stock Exchange
Friday
17% July
32%
92
12% * 12<%
*
—
(Un)
Pennsylvania
105%
Feb
100
y8 a63 %
12%.
•
Brick
Paving
Mfg
National Tile &
1%
Sep
Sep
2%
300
20%
6%
13/4
2%'
12
Jun
a59
33
Nestle
6%
"1%
1
STOCKS—
Apr
92
a38% a39Ya
—
Metropolitan
12%
345
a2(j% a21>% "
*
*
2%
1
Los
Jun
15%
hl;4% aT4%
'*
McKee (A G) class B
Medusa .Portland Cement
i-.l
45% Jan
July
163
50
10
Jan
795
Products—
Jun
149
•
Lamson .& Sessions
Jan
33%
200
Jun
16%
73%
91
•
'*■
3%
Sep
200
3% July
a45% a45%
10
Steel :(Un)—'
<5% May
Feb
July
3
25%
334
1
common
new
Aircraft
Screw
High
Jun
a 62
l.-.iu.-—'9 "
Steamship
Jun
6%
33/s
9%
38% a38%
107
Harbauer .Company.
Laughlin
Sep
Jan
10%
HrtrndWay Dept Stofe
5
'4%
1
67a
20%
15
4
_L®
:—
430
3%
10%
1
Jun
Range Since January 1
8
—
■
7
17
5
2
_—:
Paper
5
Feb
'
Cooperage class A—_1—*
700
4%
::
474
.
2% May
Sep
2 % Feb
10
W)
Raisin
Wayne
"15
J—:
27'B
3%
Timken-Detroit Axle
108
a26%-a26%
—
Jan
Jan
Sep
7
25%
33
37
a'44,y8''a44'ylr
'•
3%
13
4%
Superior Tool & Die—
73%
a
(Un)
V
r'-i
100
130
^
26%
1
82% July
205
37
a28'/a a28%
Iriferlake
&
Jan
2
1V» JUly
1% Mar
100
1%
7
13 1
13
26%
365
_i
*
Brothers common
Jotles
Sep
2%
1
1
Low
21 y4
1'
common
Preferred
27/a
Jun
17%
Feb
1%
67% Mar
150
100
General Electric common (Un)
General Motors common (Un)_
Glidden Co (Uri)
1
Halle
33 y4
2%
1%
*
Car
Scotten-Dillon
High
..
Gfeif Bros
405
36
1% May
1% Mar
Jun
25% Mar
Shares
Gas :(Un)--—15
•
(Un)_i;__i
-Erie Railroad
Jan
13%
Sales
*
Bronze
Controller
Sep
Sep
Jun
for Week
of Prices
com—
Manufacturing
Electric
39c
15%
470
35%
*
Feb
Exchange
Range
3%
i__.
Chemical
Dow
Jail'
Sep
Sep
16
2
Davis
Warner
33/4
common..
•
9
6
15c
1,410
16%
1%
10
Chemical
69%
100
Week's
100
—
'
Jan
5% Mar
13%
i_<—_—1
Corporation
22
39
26%
'*
4% preferred
v
8%
4
13%
1
—,—
Honte
Mlcromatic
'
Oil
14%
85
5
preferred
'
Jan
Jun
8
22 y8 May
9%
33 %"
75%
Par
:
Graphite
140
6
15c
1
—u-_
60%
18%
&
Cleveland Electric Illumin
'
'
647/a
Sep
10
;
42 y4
Barker
'
9% May
Sep
3%
1
Drug
27
50c
Chesapeake & Ohio
City Ice & Fuel.
•
'
Feb
4%
2V2
Manufacturing
38%
17%
e
Body
American Tel & Tel. (Un)
•
52 y4
3%
6
1
18%
>
Akron Brass Mfg
•
10,411
4%
1
Kinsel
Last
Cleveland
60%
3%
5
common...
32 Va
4%
10
Friday
Consolidated- Natural
May
4% Jan
Sep
Sep
259
12
10%,,
U
f94.50
12
Feb
6
10% Feb
17%
-12.50
Cleveland Cliffs Irdn
Jan
16
100
5%
28%
Cleveland Stock
American Coach
Jun
18%
260
100
15C
Hoskins
16%
-__* •
.
Elec
•
3%
240
20
28 3/s
<
'45% Jan
;
59
60%
♦
.'
;
77VyV-::'":.
Feb
y# Feb
9
Udylite- Corporation
■
24
Feb
2
2,200
7
1
1
1
_•
Shellcr• Manufacturing
f
13% July
Jun
25
(Ohio)
Westinghouse
19%
3%
6
65%
'__lo
l
Steel.
210
24
7
Feb
9%
(N J)_
U ' S
19% Mar
e
Sun
33%
Brands
Oil
Standard Oil
Jun
Jun
625
_1
32 %
*
Oil
Standard
Jun
6%
)2iy«
3%
10
Graham
Parke
Standard
10 y4
,
Mar
1
_
3*7
33%c
—_—__^J
Vacuum
4
2oy« Mar
8
8
1
—
Finance
27
—
«
Pennsylvania
Socony
Sep
>//&/:• Sep
500
17%
17%
$
Brewing
383/a
—
•
Central——,.
Oil
6% Sep
5,808
4%
3%
common
Industries
Wood
23%
—
1
61
27%
*
;
:
-
Oil
Pure
487
Jun
32% May
Feb
::
York
6%
12 %
317
10%
__7
—
Motors;'
New
674
21
—
Truck
31%
General
100
43/4
__
Gerity-Michigan Corp
Paige common
32% May
25%
'
Electric
674
Sep
10 y8
•
Power
Dept
General
100%
Sep
6 V4 Mar
Apr
Kresge Co
davton
10074'
300
Feb
23
Mar
21
100
1% May
Sep
8 74
20%
47%
11%
1
1%
200
4%
37%
28%
11%
Wright
22
20%
3674
lo
200
6%
46%
__25
Jun
1%
6%
—
Rights
Chesapeake
Apr
36 V4
„1
common
_
_
Federal
47% May
Feb
15
50
6%'
41
10y2
Feb
—5
Nav
Stove
Prod
Steel.
Electromaster
'
•
Rolling
140
65%
*
% July
29
...20
Cleveland
General Motors
Stores
American
6%
41
9
100
25% May
72
312
8%
-1
—
Jan
9%
1003/4 10074
8
...__1
—
2%
31%
22
*
pfd
High
Feb
2 y4
1%
__
1
Detroit-Michigan
45
64%
6%
*
common.:
Co
300
9%
j.^.——.10
Milner
Davidson
8% Jan
May
19
44 %
65%
B
Printing
Unlisted
^
29%
Feb
400
May
Range Since January 1
Low
2%
31%
_1
Paper
Federal
Kroger
U
Motors
23
5
49
19
Power
Continental
145
20%
10
Consumer's
26%
11'
73
36
-
Jun
Feb
Oct
529
47%
47%
Consolidated
6
510
19%
»
Apr
Shares
\ High
2%
e
Brown-McLaren
18
9%
8%
LOW
l
..
_
Jan
85
5%
Rubber
Manufacturing
Briggs
23
Feb
20
75%
5%
50
Art
of Prices
1
._
32%
290
•
28'/a-'
27%
75
«
Michigan gtd
Eagle-Picher
Hobart
6%
5%
5
Baldwin
High
29% Mar
289
22%
6
50
baytcn-&
.
22
27%"
25
•;
Bell Tel
•Crosley Motors i—j
Gibson
30%
Electric
Allen
Range Since January 1
Low
20
6
Cincinnati Street
Cine & Sub
30
22%-
common
for Week
Sale Price
Par
High*
20
Champion Paper & Fibre—
Churngold Corp
l
Cincinnati
Sales
Range
for Week
of Prices
Week's
Last
Sales
Last
Sale Price
Exchange
Friday
STOCKS—
Friday
2-5525
15% May
3% May
Cincinnati Stock Exchange
STOCKS—
Exchange
Jun
13%
'
New York Stock
Julf
100
.
—
Members
Jun
•"2;000
—
Corp
Jun
7V4 July
Sep
"
United
WATLING, LERCHEN & CO.
11V4 May
18%
12%
1
15
Sep
26%
2%
;
High
Feb
7%
17%
'
'
1
Oil Corp
Sunray
'
8
26%
.
—1
____
Range Since January 1
Low
10%
Ill
1
Sales
Shares
Low,,'High
America common.
Radio-Kelth-Orpheum
Republic Steel Corp common—
OCTOBER
for Week
.
of Prices
Par
Radio
Range
ENDED
>
1.25
1
__
1
2V4
2%
470
Co___—__—1
1.00
1.05
1,600
3V2
3V2
1.50
1.50
1
Mng "& Dev Co——1
"
__
500
1,000
20%
,
Jan
3%Mar
1% Jan
3
1.55 July
Feb
95c
,
Jan
1.05 Mar
,
.
5
Jun
1.80 July
35
36
THE
(1392)
COMMERCIAL
&
FINANCIAL
OTHER STOCK
Week's
Range
for Week
of Prices
Friday
1..''•
,
Par
Nordon
Corporation Ltd
Northrop Aircraft Inc
Pacific
6%
Gas
1st
Elec
&
375
6%
40c
2.60
2.60
3,750
33 %
33 %
363
30% Mar
33 %
33%
201
33
27%
27%
100
27%
Sep
49%
49%
100
49
Feb
666 1
,
__
—25
,7;
Indemnity Co
10
pacific
Lighting Corp common—
Western Oil Corp
„
•
10
400
35c
Feb
a.aO
&
Texas
Gulf
36
35%
Jan
Tri-Continental
27%
Sep
Feb
Union
Carbide
July
Union
Pacific
51%
47% Mar
55
25
48
Aug
57 V2
23V2
24%
2,895
22
Mar
32
1
Rexall
3%
414
870
3%
Sep
6%
2.50
Inc
Drug
5%
5%
210
5%
Feb
Tide
7% May>
Oil
Richfield
Co
Oil
Ranch
Rice
Gas Co
Oil &
Reserve
•
1
common
Finance
seaboard
Roebuck
Sears
Security
St
Union Oil
Shell
600
34
1,484
6
245
Water
*
Co
Corp
Southern Calif Edison Co Ltd com—25
28 %
&
Corp—
Co class A
Gas
8ignal Petroleum Co of Calif
Oil Corp
Sinclair
a37
10c
158
158
28%
luc
6,000
.
60
-
122
S
Jan
53%
Feb
66%
Jun
40
49 %
Feb
68% July
Co
965
.v'".
19%
Feb
32
1
Jun
Warner
Mar
,_5
Apr
529
3y % Juiy
42%
Jun
a86 Va a88%
150
92 Va
92 Va
Aug
a26 a27%
117
all % a 11%
a27%
39-%
.'■/
Apr
Feb
23%
Feb
30
July
20
12%
Aug
19
Apr
a2%
65
2%
Feb
3% May
42%
44
230
38%
Feb
49 % May
Pictures
Inc
5
Wool worth
Co
9%
9%
10
409
Oct
14
85
18%
Feb
24% May
50
25 V4
Feb
33
al8%
—I
w,
(F W)
9%
19 Va
a26% a-27%
a8%
a 8%
e
12 %
a45%
a
<
44 V2
Feb
22c
Feb
11% May
44%
Sep
49 %
Jun
Philadelphia Stock Exchange
July
1,200
25c
Sep
55c
Mar
15%
Feb
32%
Jun
28%
893
39%
25
Mar
Week's
Friday
30% July
1
Sales
42% May
36
Mar
115
26
May
612
24% May
28 Va
Jan
American Stores
22%
25%
Feb
American
40
/•■
v''-V.
■
27%
27%
25
26 y2
26%
25
*
23 y2
23%
1,027
28
28%
535
27% Aug
29% July
Baldwin
34
34
300
33
34%
Jan
Budd
Company
Chrysler Corp
Jan
cumulative
4.32%
'
4.56%
6%
pref
conv
Calif
Southern
6%
Co
pfd
class B preferred
Transamerica
Transcon
1,249
11%
12%
2,615
20
20%
330
12% al2%
120
13 % Mar
20 % May
135
17'
Sep
17
Sep
Lehigh
10%
Feb
13%
Jan
.
al2%
a
Steel
17
11%
14 V2
al4y2
a
26
Corp
31 Va
1,577
79%'
-
r
Range Since January 1
High
23%
151
151%
13
14%
*
5%
55 V«
34%
72%
%
Feb
15% May
Delaware Power & Light
Electric Storage Battery
Sep
23 Va
General
•
;
27 Va
Apr
1,640
v
22 Vs Mar
147% Mar
158%
Jun
130
•
Feb
250
5 Va
Oct
11% May
215
9
55%
,-12%
52 V*
Feb
65 Va
17
'
Jun
Jun
62% July
Jan
High
75
14%
5%
55%
Low
23%
152
—_2 %'
—
—_•
—
Feb
-<
a
Jun
Aug
Publishing Co.—
Motors
National
&
9%
220
16%
1,303
Mar
13% July
1R% Mar
...
/18% May
7
•
50'/a
49%
50 Va
322
56 Vs
61 Va
58%
61%
1,959
50% Mar
65 Vs
Aug
5
20%
20%
20%
107
17%
Feb
Navigation
25 Vs May
12
11%
12
1,233
9%
Feb
13
&
Power
Apr
,;V,1.
10
Light-
20 V* May
Pennroad
21 %
Feb
38% July
67% Mar
83 % July
*
Pennsylvania Power St Light
Pennsylvania RR
v
Jan
10
Corp
Brothers
Coal
9%
16 Va
*..,—13%
13 V2 July
-
■: 602
■
100
Works
-■.-20—-
'
Low
Par
—-
Feb
190
32-
Tel
&
32 V2
V55
1,793
i.-rV
14%
-
79%'
•
%.
11'4
a
Tel
.V,''
44%
214
17
11
5
Inc_
common,
34
Shares
*
Locomotive
Gimbel
-"
2 4
Air
California
Sthtes
United
830
63 '4
*
Corporation
of
57
62%
50c
Western
&
Oil
Union
Curtis
34
5614
1
25
._
cum
conv
Apr
•
Textron, Inc common
$1.25
Jan
July
•
Calif—
8unray Oil Corp common
4%%
.
28
25
Company
of
Co
23%
25
class A
Pacific
Oil
Standard
:
Gas
preferred
Southern
preferred—
-
for Week
of Prices
1
25
-
Range
Sale Price
STOCKS—
cumulative
27%
Jun
May
180
Feb
2,551
39%
___25
j_.
preferred
Jun
7%
90
41% July
1.4.48%. convertible
4.88%
May
50
a44% a46 V8
Last
Original
9%
52 V2 May
26c
-
Aug
Sep
10
Union Telegraph Co
Westinghouse Electric Corp
Willys-Overland Motors Inc
Jun
25 »/a
28'4
19
a2%
10
(Del)
Co
Bros
Jun
8%
25Va
.0
100
1
Inc
Western
25c
■
8%
Sep
H
18% al9%
39%
com_50
new
a7
Aug
a
*
cu
Corp
Lines,
Rubber
7
231/2
■
U
49
Sep
-
Aircraft
Air
Mar
46
50
*:
11c
155
25 %
Oil
Jan
4% Feb
55
a37
25c
*
1
•
Trading
Sierra
Signal
Sep
15%
844
491/2
Railroad
Corporation
32%
37%
49%
49 y2
Jun
36%
'"•'TV,
25%
a7j/8
*
Caroon
&
United
ZVya
37%
30
—15
—,
29 Va
195
54
25%
«
High
Feb
30% Mar
50
a63% a63%
10
Fox
TTnited
15 V*
I71/2
Oil Co
Corp
Jun
737
17%.
—
a63%
Low
17
1.30 May
80c
1,010
Co__
Associated
Jun
20% May
18
*
1,440
;
Jun
17% Mar
18
18
1
Co
Company
,
85c
32
5%
—5
Inc
Stores
Safeway
80c
34
5%
1
Corp
Aeronautical Company
Ryan
54
Twentieth-Century
51Va
! Mar
Jan
23
a29% a29%
Sulphur
Range Since January 1
High
22
Jun
a 43%
23%
Corp
Apr
70c
Mar
1.95
51%
common—J—1
Co
Shares
Low
Studebaker
Swift
United
Petroleum
Republic
for Week
Company
Texas Company
43%
a
Sales
Range
of Prices
High
Feb
40c
STOCKS—
24c
Jun
13 Va May
Sep
2.50
———25 /'r
Pacific
Pacific
13c
—*
.
25
1st pfd—r.
4,000
V ''
11%
11%
—
-1
1
common
preferred
redeemable
5%
4
Range Since January 1
Low
13c
Week's
Last
Sale Price
Friday
Shares
High
13c
13c
1
Oil Co
Oceanic
Low
...
—„———1
Occidental Petroleum Corp
EXCHANGES
Sales
Last
Sale Price
STOCKS—
Monday, October 4, 1943
RANGE FOR WEEK ENDED OCTOBER 1
;
,
CHRONICLE
1,025
U
1
7%
6%
7%
17%
17%
17%
2,230
17%
20
%
4.969
*
Corp
49%
3,426
50
20
.
r
Sep
Sep
16%
i
May .'
7% July
5V2 Mar
17%
'
i;;:
May * I'
Feb
V
;
20% July
2?% M«y '
*
Universal
Van de
Oil
Consol
Co
10
*
Air
Mining
Alaska
Lines
Inc
:
7%-
Sep
11
Jun
Pennsylvania Salt Mfg
Jan
10
3%
Apr
2c
Mar
Philadelphia
May
a3%
10
25c
2y2c
3c
3,000
Co
Mfg
•
Light Co
American
Smelt
Tel
&
Refg
a31%
a32
1
6%
7
*
American Radiator St Stand San
9'4
13 y3
Viscose
American
38 Va
37%
38 Va
181
37%
Oct
48Vs
Apr
*
common
22%
22%
22%
3,396
21%
Feb
24%
Jun
Feb
common
preference common
Corp
$1.40
875
Anaconda
Copper Mining Co
Steel
&
Co
22%
23%
457
21Va
3
38%
35%
38%
479
28
Jari
«
20%
20%
21%
1,294
20%
Sep
*
26%
26
27
1,086
26
Sep
50
24%
23%
24%'
'
*
common
div
& Gas com
preference
common
Topeka
Santa
;>4..
Oil
Paper
Run
Oil
Corp
64
Sep
46%
8'4
235
32
Feb
40%
275
27%
Feb
8%
Oct
15
Co
*
Tonopah
Mining
United
Aug
Baldwin
Barnsdall
Bendix
Ohio RR Co
Oil
Gas
Imorovement
13 Va
Bethlehem
193
91
37 '4
200
37%
Sep
117% July
49% July
ey8
1,250
4%
Feb
7 Va May
14%
14%
300
12%
Feb
17%
580
10 V2
Feb
16% July
Jan
14
38%
280
33
Feb
44
120
27%
Feb
37%
Jun
Allegheny
Corp
•
35%
35%
531
30% Mar
37V4
Jun
Blaw-Knox
a40% a40%
195
39 Va Mar
42% July
Jan
65
Follansbee
Feb
11% May
Fort
Joy Manufacturing Co
5
Canadian Pacific Ry Co
Caterpillar Tractor Co
Cities
Service
Columbia
System
8%
14%
550
10
Mar
53 Va Mar
61
May
July
Mar
Curtiss-Wright
Corp
Electric
Bond
Electric
Power &
General Electric Co
General
Foods
General
Public
Illinois
Central
Nickel
of
Sep
28% May
3
3Va
3,896
2%
Feb
23%
23 Va
313
40
.9%
Sep
Jun
16% Mar
>
7%
Montgomery Ward & Co Inc
!
'.*•
'
American
y.
Packard
Motor
Renner
RR
y.'
16%
4
22%
599
32
225
34%
Feb
40
108
11%
Feb
15
*
Co
Toy Mining.
Steel
130
5IV2
Feb
61%
Inc
Westinghouse
390
10
Feb
13% May
>•
34%
145
34%
Sep
34%
250
25 % Mar
33%
53
Apr
62
12
54
150
11%
Oct
16%
50
42 Va
Feb
595/a
Jun
American Inv
Feb
10 %
American
&
151/2
460
I5V2
Sep
Feb
19%
Apr
Apr
531/2
531/2
300
48%
17%
16%
17%
400
15Va Mar.
19%
19 y8
445
18%
16
16%
755
12% Mar
11
11
,
11
>
605
32%
Feb
Bank
Tel
Co
&
Bldg
Shoe
22% May
18% July
Falstaff
10
12c
70c
2,000
Aug
10c
100
Brewing
Mar
9 Va
Feb
13% May
General Electric
Feb
27%
Jun
General Motors common
Feb
403/4
Jun
Griesedieck-Western
4Va
Feb
75
8%
Feb
11 % May
259
18 %
Feb
26 Va May
865
■
May
15
38
123
32%
Feb
39 %
Jun
25%
Feb
33
v
Jun
13%
20
265
Apr
Jan,
May
1
19%
491
16 Va
Feb
21% May
9%
9%
9%
920
9%
Sep
22
a51% a52%
125
a41% a41%
41V* Mar
57
May
Laclede
50
42 Va
Aug
49 Va May
Laclede
25%
Feb
44
Meyer
10%
11%
1,200
a7y8
50
Low
151
31%
11
>
25%
22
„—...
..6
Low
9%
:
13%
31%
7
225
170
11
26%
10%
20
25%
100
25%
15
130
22%
63%
May
8
Feb
15
Jan
7%
Sep
11
May
Feb
Gas
..5
18%
43
_25
36 Va
13 Va
Feb
31,,
Sep
Feb
376
31% Mar
42Va
294
51
Mar
65 Va
125
36
May
68
33
Mar
Vs
Jan
;>i
23% May i
61
39
,
Jan
May
63%
37%
42
41
15
15
125
15%
40%
4074
41%
May
Aug 1;
Aug '
42%
Jun
24
Jan
45 %
7
14% Aug
39% Mar
437
..
170
Portland
28%
835
22%
Feb
75
9 Va
Jan
13% May
Scullin
26
Feb
32%
Sears Roebuck
15
.
<4314
18%
17%
1,424
Feb
23 Va
43
100
35 %
Feb
47
22*4
22%
270
22 %
Sep
28%
Jan
42Va
43V8
390
38
52 %
74%
Car
Pub
Jun
73%
Mar
71% Feb
Louis
Louis
.100
class
♦
•
& Co
Fuller
■
4%
550
6% May
Aug
Apr
32
25
28
Mar
33
18
18
20
17
Mar
19
16 Va
Aug
19
Jun
131
131
Oct
137%
Jan
23%
Feb
17%
17%
272
131
131
May
.
20
Mar
21%
50
5%
300
5
Aug
•.* 7
Feb
270
16
May
20
Oct
39 Va
120
32%
14%
14%
490
13
Feb
17% May •
50
51%
390
48
Feb
65%
21%
..50
A-
common
5%
32
..10
common—.—
Serv
Steel
5%
8 % May
Sep
5%
20
18%
20
39%
38
Us
42 Va May
Feb
Jun
43
"
St
5%
1.25
1st preferred
3% May
31% Jun
Apr
o
7
15
18
..20
...
Cement
Missouri
Rice-Stlx
1V2
30
——
common
2,000
a27
4
common
•
'
4.
712
,
Jun
May
85 % July
Stix-Baer
Wagner
&
Electric
LISTED
Scullin
Steel
common——
common
mtge
—15
51%
3s
Feb
it, jt.i'
BONDS
.1951
100
-
100
$500
99
U4*
Jun
Sep
1
Sep
9 Va
Apr
'
..4
common
common
Steel
Blanke
1%
a27
__
*
25
42.
Jun
155%
63%
7
28%
*
page
High
19
Jan
150% Aug
337
59%
;
.10
(Un)
Brew
Range Since January 1
241
I6V2
152
9%
11
Shares
High
16%
(Un)
common
Shoe
alO% al0y2
__
15
(N J)
for Week
Key common
270
a7%
__1.75
(Ind)
Sales
Range
1
Huttig S & D common
Hyde Park Brewing common
30 y2
30 >4
•
.
Week's
Jan
•
Inc
Exchange
of Prices
..15
—10
;•
j..
5% May
18%
5
see
19c
11% Mar
33
Mar1
230
common
17%
1
Corp
Corp
footnotes,
Jan
1%
27%
——
26%
19%
• -
Railway Co
For
Jun
37 V8
1—3
common
1%
Co
Feb
26 %
Eqpt common
70
32%
•
Schenley Distillers Corp
Sicony-Vacuum Oil Co
Oil
7%
52%-Jan
36 %
Century Electric Co common..
Coca-Cola Bottling
St
Standard
37
75c
12c
12c
151%
Brown
Jun
25
America
Co
75c
1
21%
50
St Regis Paper Co
Oil
8%
8 Va
Julv
24
,
27%
Tel
499
r.
al9% a20%
Warrants
8tandard
39%
Sale Price
63% May
'
33y3
Brands
Oct
37%
common
8%
4%
Southern
33%
8%
Par
140
2iy4
Standard
183
Mar
38
July
475
a8%
;
Steel
34%
33%
V
Last
56
4%
Corporation
Republic
Feb
30
33%
Friday
a9%
21%
Company
of
18%
11% Mar
290
32 %
13%
STOCKS—
a9VB
•
a9'4
a8'4
Inc
Corp
Sep
36% Aug
23 Va May
Sep
37%
Jun
•
Dodge
Radio
Jan
10%
34
*109
21%
St. Louis Stock
Jun
1
Radio-Keith-Orpheum
39 %
1
Sep
29%
2 V2
Phelps
Oil
Feb
7% Mar
Jun
151/2
■
1
—
Pure
Jun
Jun
11
11%
100
Inc
Pepsi-Cola Co
Pullman
—1
Steel
Sep
Co
Railroad
14%
——*
Spring
Air Brake..
*
Electric Corp———12.50
Westinghouse
International
Pennsylvania
Feb
23 Va
* 2
:
Jun
10 V*
/
470
%
32%
1
i.—
July
42 Va
Mar
48
19% May
Jun
38%
a55% a55%
11%
•
Car
Feb
34%
•
Rwy Co
Pictures
12% July
Jun
Feb
Jan..
«-:/■
33%
'V-'-
Vanadium Alloys
37 y4
Airways
American
Paramount
9 V2
15%
10
'
Standard
29%
__
,
Corp_
Company
Pan
4%
119
19Va
i
Aviation
Pacific
Oil
865
115
.
61% -61% V
•
Ohio
13
'
'
Jun
10%
5
Corp
Northern
10%
SudpIv,^
Jun
38%
*
Nash-Kelvlnator
North
33%
37%
•
Central
10
Sep
al2% al2%
■
al2%
4
15
Corp
Inc
York
Feb
27%
a20ya a20%
_• '
•
New
6%
50
13
)
a20%
1,490
10%
__
13
-
*
8%
a27
10
Gas
—,
3% July
243/,
a27
7
Prod
22%
21
25 Va
100
Copper Corp
McNeil & Libby
Distillers
22 %
21%
568
Lib by
Nat
130
26 Va
Kennecott
Loew's
36
25'4
3
Tel
34
:•
■
Paper Co
&
36
—1
Lone
*
—
Tel
685
Pittsburgh Brewing $3.50 pfd—;—.—*
Pittsburgh Plate Glass
10
Pittsburgh Screw & Bolt Corp
*'
•
Canada
International
10 V2
Mountain
1_
RR
Co
27 Va
10
Apr
Corp__
Co
International
27 Va
1
Jun
•
Utilities
Greyhound Corporation
Int'l
10
Steel
Fuel
Mar
11%
<
High
Feb
13
11%
Brewing
Star
25
*
Jun
•
Corp
Goodrich (B F)
Pitt
LOW
10
161
15%
14Va
1
;
Feb,
39% July;
Range Since January 1
High
27%
63%
21 Va Mar
Low
Shares
15
Feb
5
Co—
Light Corp.:
24
;
for Week
27%
Mar
8%
?
Sales
Range
*
10%
alO al0%
Week's
of Prices
.*
Co
33
1
common
Share
&
Steel
Ludlum
170
5
_•
Feb
23 Va May;
32
421
San
Continental Motors Corp
Crown Zellerbach Corp
1%
3% May
Sep
20 Vs
11%
.
j"
■>
Jun]C
Feu
122
47 %
„,1
Jun
507/s May
70
Sep
153
11%
3'/a
2
430
37%
47%
*
•
(N Y)
3
21%
Par
July
19
100
26)4
%
10
v / %:
20%
•
Vultee Aircraft Corp
Consol
47
9
13%
25
12 Va
v
50% Mar
35%
10
Inc
Edison Co
87
236
://;C 9
a51% a51%
*
Commonwealth Edison Company
Commonwealth & Southern Corp
Consolidated
a55 a57 Va
:
25
Company
Gas
a57%
—♦
27% July
39 u Mar
20%
Columbia Gas System
—
%
Sale Price
Jun
a35
(The)
Co
134 :
Last
38%
Borg-Warner Corp
Budd
67%
2%
20%
Friday
13%
a40y2
69
483
STOCKS—
a34%
15
45 Va
20%
Jun
38%
(The)
Va
•
Pittsburgh Stock Exchange
a34%
Company
Sep
20%
'r
v__
7%
Jun
5
Steel
10
10
Coal
5
—
-
,
May
6
100
v
237/s July,; '
28% July
Feb
20
Inc
Westmoreland
Corp
Co
Aviation
Borden
Works
Locomotive
taltimore &
V
1R%
Sep
37%
all5%all8 y4
:V iv
13
:
,
45% July
'
210
66 V8
66%
1
1
Corp
rtnired
"
/' '•
44
7Va
Mar '
25
31% May
2,375
8 y2
7%
•
common
Ad---.ytp*
Aug
1
v
'-f
'
65
May
157Va May
Mar
148 Vs Mar
64
a26% a28%
8'%
...—25
3
(Del)
48
Sep
45^8
25
a34% a35'/4
a28%
Ry__100
Fe
Co
Corporation
a35%
5
&
Refining
9%
Dome
Scott
16% May
12% Mar
400
46 »4
10
(111)
Sep
Salt
Mar
common
Westmoreland
45%
50
Corp
Co
Sep.,
10
.;
■*
a63% a63%
*
41% May
9 V4
102
i5i)4 i5iy2 -
•;
14
Corp
Wcolen
Mfg
div
Public Service El
Jan
6%
/
491
a55% a56y2
100
American
Atchison
5c
Sen
33
100
1314
13 y2
•
Co
& Tel Co
.
100
450
...
9%
Corp.*
:v
Atlantic
4% May
Electric
Reading Co
American Power &
American
a3%
18
12% Mar
7
-
$1
10
Airlines
American
Avco
220
44% July
38 !
100
..,
Phlico
Gold Mng Co—v—
Allis-Chalmers
\rmco
258
.
7*4
Stocks—'
Unlisted
Armour
38
al2
-
Stocks—
Juneau
Imperial Development Co Ltd
1
all%
—1
Kamp's H D Bakers
Western
33
Jan-
>
100%
Sep,
THE
Number 4739
Volume 168
&
COMMERCIAL
STOCK
OTHER
(1393)
EXCHANGES
OCTOBER 1
FOR WEEK ENDED
RANGE
CHRONICLE
FINANCIAL
Friday
Week's
Sales
Last
STOCKS—
PACIFIC COAST SECURITIES
I
Co.
MEMBERS
Los Angeles Stock Exchange
Honolulu Stock Exchange
and other
Telephone BArclay 7-4300
SAN FRANCISCO
C
(R
Co
Magnavox
STOCKS—
Week's
Sales
Last
Range
for Week
Sale Price
Par
Air Reduction Co
Alaska
(Un).
Min
Gold
Juneau
Alleghany Corp common
Airlines
American
American
10
(Un)
Ltd
Radiator
Amer
Smelting
&
&
61
93/a
9%
9%
200
13%
13%
405
a55% a55%
41
__
.
a55%
'V
(
•
.
100
(Un)
__
Anaconda
50
Anglo
20
Copper Mining (Un)
California National Bank
Co till.) (Un)
Armour &
..
151%
•
—
28%
5
—
Sep
27
1%
7
Feb
12% Mar
,;A
51%
Jan
National
45
34y2
Mar
360
750
31
Feb
28% May
40% May
32V4 Jan
616
8% Sep
28%
8%
9,
Top & Santa Fe
Atlas Corp
(Un)
(Un)—100
5
Atlas Imperial Diesel engine
2.50
Avco Mfg Corp (Un)
3
118
a21-.8 a21%
505
70
5%
6%
5%
5% Sep
6%
200
350
100
.13%
13%
470
1
4%
4%
100
100
300
300
35
—
„
__
—
__
117
(Un)
Bandini Petroleum
Bank
■_
of California
Aircraft
Beech
Benaix
N
A
.1
(Un)
Corp
(Un)
—
5
Corp
Aviation
Bethlehem Steel
34%
•
4% Feb
10% Feb
4% Sep
16% July
7% Jun
9
360
Jan
140
26% Feb
35%
395
30'/2 Mar
38
Jun
37% Sep
6Ye Feb
1
2
Holdings Corp
Boeing Airplane
Borden Co
Sullivan
&
Ca
Cotton -Mills
Packing
*.
Ry
•
,
—50
>
a26% a28%
166
25%• Jan
300
906
14V8
351
14
1
1.50
25
a36%
Chesapeake & Ohio Ry (Un)
__
50%
t
1.40
v
t
c.
Service
System
Broadcast
cl
50%
50V8
131
32%
Feb
385
13yaMar
al8%al9y2
a22% a23%
135
17y4 Apr
25% Aug
29%
27%
27%
5
171
3Ve
3%
4,134
25%
25%
280
2% Feb
25% Sep
23V4
255
21
Natural
Vultee
Creameries
preferred
Crucible Steel
,
El
i
*
(Un)
Co of Amer
__
10
28
15
10
—
«
23%
4
5
(Un>
__
__
t
Emporium Capwell Co
•
37%
'
1
20
Farnsworth Tele & Radio
1
Fibre Board Products pr pfd (Un)—100
Food Machinery Corp
———10
Foster & Kleiser com
2%
1.50
Ltd
Eureka Corp
Plantation Co
Ewa
1
—
(Un)
(Un)
General Electric Co
-
Corp
Food
General
General
Paint
Corp
Motors
General
■
v:
i Cum
Corp
com
preferred
2nd
Conv
Co
,
•
Ltd common.
North
Greyhound
Hale
Hobbs
—
—
—
y
—
—
10%
class A
(Un):
1
Holly Oil Co (Un)_
__
*
*
•
1
B
(Un)—
Development
—
—
*
Pineapple' Co Ltd
Battery Co
—
—
3
Inc.
6%
—
(Un)_*
pfd
Class
Holly
;
■*
1
——
Stores
Bros
Hawaiian
Ry'non-cum
Corp
__
—
*
Goodyear Tire & Rubber (Un)
Graham-Paige Motors (Un)
Great
—
V
•
*
preferred
State
Golden
__
•
*
10
common
a44% a45%
\ 37
10%
10%
360
7%
8'/8
400
a55% a55%
10
a9y2
a9y2
lis
26%
97
100
28
2,728
150
25
97V2
100
a22% a22V2
25
9%
10%
650
9%
10
250
45
Apr
Radio
9%
38
Rayonier
Sep
,
49% Apr
16% Mar
63%
Jun
Sep
13
34%
Jan
Jun
103% Julv
128V2 May
28%
13
Jun
July
12% July
.
17%
19
—
4%
1
—
a41% a42%
21% 23%
/V-" 205
Mar
44
Sep
Southern
19
Feb
15%
Feb
25
Apr
Sperry
154
12%
Apr
13%
Feb
Spring
12%
12%
167
37
37.%
440
1.45
1.50
14%
6%
1,000
1.05 Apr
165
14% Jun
5% Mar
6%
245
6%
39 39%
afTj, a37%
60%
61
al5% al5%
al6%
al9
al&'% a 18%
18
584
Feb
16
Feb
34% Mar
Feb
Calif
Hunt
Oil. Corp
Motor
Foods
Hupp Corp
For
Car
•
*
Co
Inc
(Un)
footnotes
_6.66%
1—1
..
—
see
pagp
42.
-
70
—
Brands
Oil
Standard
Oil
Jan
Co
12%
Jun
Jan
Texas
Feb
„
25
19%
" 10
—
58%
350
32%
20
150
17%
256
9%
40
200
27%
Feb
17
Jun
73
Mar
88
Aug
67
Mar
85
Aug
Feb
69
July
Feb
27
Sep
17%
Jan
Feb
41%
Jun
10%
Feb
14% Aug
30
4%
Aug
12
3.425
4%
Sep
61,404
a1*
Sep
13%
15
Jun
I <\
6
4%
i«
Jan
6 % May
'A
Sep
15% Mar
21 %
Jun
30% Mar
50
3,736
1,057
447
30
475
'925
275
430
6
76
210
94
36%
Jan
35%
Mar
33
32
29% Mar
27%
-
Jan
27%
Sep
Apr
July
29%
Jan
27%
:
Sep
10
1,403
35
44
101 % May
20%
Jan
141
Aug
Jun
12%
Feb
17%
Sep
Feb
104%
Jun
49
Feb
61
May
4% Feb
5% May
8% Mar
,
11% May
28
May
21%
Sep
18 %
Feb
17
Feb
563*
26% May
A 22
May
22
Jan
9'A Sep
1,105
100
42
•
Jun
52
137
Jun
141% Aug
90
75
a63
104
Jan
115
411
,
55 Ve July
Mar
47
310
51%
103
15
a34
41
Feb
58% July
55%
Feb
75% Jun
5%
8%
Jun
26
Jan
29% Aug
July
42%
11V2
49 %
Aug
May
7%
204
10
105
156
47%
47%
32
32
—
32
■.
32
-
•
34
22
19%
31%
21%
20
34
22
—
13%
17%
14
IS'
353
623
9c
10c
38% 38%
a35?/8 a367/s
35
Jun
31%
Feb
34%
Jun
23%
Feb
32%
Jun
22%
Feb
■>•31%
Jun
36 %
Apr
>
25%
18
30
28%
28
a27% a27%
33 %
25
25
28
—
33 %
—56%
1
a27%
—*
—
a26%a28%
45c
45c
a22%
64%
a22% a22%
62 % 64 %
75%
—
16
25
—
25
10
2
5
Oil com
Corp
—
—
11%
75%
16
a29% a29%
Jan
Feb
21
21c
May
Jun
41% May
46%
Jun
Feb
>32%
Jun
14"%
Feb
23
Jun
28
Feb
34
May
25 % Mar
30%
Jun
27% Aug
29 % July
24% May
28%
Jan
32 % Mar
34
Jan
44
22
45c
Feb
62% July
Feb
30%
May
1.10
Jun
Jan
22%
Sep
29
Jun
54%
Jan
73
Jun
69%
Feb
Jun
21
Mar
Jan
Feb
66%
Jun
Feb
32%
Jun
Feb
13%
Jan
Mar
Sep
52%
19%
10%
935
4,569
54
90%
36%
15
31 %
379
25 % 25 %\
11 11 %V
al4% stl4% V
Jun
18% May
15
50
55 %i
55%
23%
Sep
May
30 % Mar
325
25
Feb
\9c
446
16
(Un)
Juin
32%
103
1,290
*
•
(Un)
Calif
5>7
48%
A17% Aug
1,718
215
120
56
24
Jan
13%
200
28 %
Sep
15'A
80
—
Jan
19%
3,011
860
705
538
100
29%
40%
Jan
15%
343
135
23'A
17%
29%
25%
18
—25
54
4,500
—
Jun
11 % May
May
22% Feb
286
1,335
194
„
15
Feb
34
78
38
__
42% May
Feb
7%
730
24 24%
a28% a28%
a36% V a35% a36%
24
Feb
8
0B8
7%
26%
185
10%
—
5
(Un)—•
—'
1
Transcontinental & West Air
Transamerica
a31%
a34
•
•
—•
(Un;
Company
40%
Jun
Union
Carbide
Mar
65
Aug
Union
Oil
23
Jan
23
Jan
United
28
Jan
United
15%
20%
Jun
United Corp
39% Mar
Feb
46% Sep
5% Jan
Union
U
S
Co
Carbon
&
Calif
of
Sugar ——i
Aircraft Corp
Lines
Air
Steel
Universal
of
(Un)
com
Del
Consolidated Oil
13% May
Victor
15% Aug
19
Jan
Waialua
16%
22
Apr
Agricultural Co
Warner Bros Pictures (Un)
36
Jan
Wells
125
Feb
19
Oct
2.25 Sep
1.60 Jan
6
Sep
7%
Jan
5% Aug
Fargo
13% July
21 % Mar
52% Feb
78
115
16
22%
100
33
12% Sep
3% July
38
Bank & U T
(Un)
Westates Petroleum com
(Un)
May
Jun
<Un)
Western
Stores
Department
Westinghouse
Elec
Corp
Wl
(Un)
—
25%
25%
70
5
9%
9%
10%
100
—
280
280
1
1
78c
6%
75c
6%
80c
6%
400
6
808
1,146
(Un)
19
Mar
Woolworth
5
May
Yellow Cab Co common——
<F
1
12%
10
a7
—'
:—1 ;
-.
—
„
—
el
18%
27%
45%
7%
\
139
a7%
18%
27%
,,
142
204
45%
325
7'%
525
30 % May
Sep
19
Jan
Apr
2% Mar
3% May
82% July
Oct
45% July
38
239
20
Feb
68 % Mar
100
2o0
—
20
11%
320
165
2%
2%
a78%a79%
38'
38
2.75 2.75
10% 10%
42% July
38% July
Apr
23'A
27
832
Sep
Feb
14%
800
10%
—50c
38
21%
737
500
5
10% May
935
Sep
—
a79
•
10
N
39%
31%
15 15%
a26% a26%
11% 11%
38
31 %
i
(Un)
Equipment Co
Preferred
—
„
1
;
48
Sugar Co
15
—5
(Un)
Corp common
Utah-Idaho
38
31%
10
10% Feb
May
•
25
—_——12%
(Un)
Inc
3% Sep
40
Mar
1,054
100
200
1,950
-
-
—
:_10
Water Ass'd
Tide
16% Sep
17
July
20
Sep
18%
19
2.25
4%
6
12%
a3
(Un)
pfd
Co
of N J
Co
11%
46 % Jun
7% May
51
17%
19
2.25
4%
6
12%
a3
—
V
-5
P 10
Inc
of
114%
35
280
-
31
Jan
42% May
16%
70
—
.——10
Super Mold Corp
Swift & Co
(Un)
31% Mar
16%
68%
77
93
4%
•
15
Co
Standard
21%
—
Pacific Co
Standard
3,^ Jan
f
-
—
114
al5% al5%
13% May
93
Ltd pfd_100
1
Western Air Lines Inc
Honolulu
Hudson
18 % July
Jan
a42% a42%
4%
4%
a8% a8%
a21% a21%
a21% a21%
19% 19%
—
16%
1
(Un)
638
—
Feb
8%
95
Gas
Corp
Valley
25
100
a41% a41%
10%
11
12%
1,030
55
preference
conv
553
-•-
6% May
857
720
100
30
5%
Mining
Jun
40
-
22 % May
11%
15%
82
5%
Corp
42% Jun
Mar
1,355
20
95
20
18
a44% a44%
3%
3%
5
18% Mar
11%
—
preferred
Southern
1,862
111
13% July
Sep
26%
26
27
——a41% a41%
Calif Edison Co com
Southern
Sep
15
73
Feb
Sep
•
(Un)
Socony-Vacuum
Oil (Un)
Sound view Pulp Co
47%
3,015
8%
6
al36 al36
141% 141%
16% 16%
—
20
Oil Corp
Sinclair
34%
•-v
15 % Mar
10
51 %
103
42%
103
*
Sears, Roebuck & Co
Shell Union Oil
135
.
Feb
320
—
—
Mauricio
San
4.56%
111
111
a34% a36%
Jun
a27% a27%
27% 27%
__
_33%
25
Safeway Stores Inc—1
4.88%
14%
6%
Jun
21%
10
51%
S & W Fine Foods Inc—
Sep
9%
20
32
—
common—
—
Oil
31% Apr
30
14%
al8% al8%
33%
34
33% 34%
30
30
33%
J
Riverside Cement Co class A
Jun
Feb
Feb
Richfield
12
Mar
25% Mar
13
Jun
483
2U0
575
555
166
6
—
*—->
of America (Uh)—'*
Incorp
100
760
13
May
18 %
16%
9%
51%
a61%
Orpheum
Prefel-red
Jun
ioy8
7% Feb
4% Feb
39
51c
65 A
4%
33%
Republic Petroleum Co—._-.l—_—_—1
Republic Steel Corp 4Un)—
•
Reynolds Tobacco "B" (Un)
10
Rheem Manufacturing Co
.1
May
25
Mar
Corp
14%
28
14%
27%
Jun
48% Mar
—
•
•
'Un)
Ry Equipment & Realty Co
3% May
.
26% Mar
91% Feb
100
Sep
22%
Sep
39c
386
13 %
4%
(Un)
Radio Keith
14% July
9% Aug
7% Jan
49
24c
Jan
3 V8 Mar
Mar
27c
(
•
(Un)
(Un)
Co
(Un)
Co
a45% a45%
__
_•
—
Electric Bond & Share Co
a22y2
com__5
—
Products Corp
__
1
(Un)
Works
Oil
Dorado
__
*
Corp class B
Kodak Co of N J
Electrical
27%
•
*
; Dommguez Oil Fields Co (Un)
Dow Chemical Co common
Eastman
—
__
5
common
—_
Fruit
Giorgio
—
1
Curtis Publishing Co (Un)
Curtiss-WrightiCorp (Un)—
Di
10%
-5
(Un)—
preferred
84.20
2nd
Corp
a45%
1
*
of Amer Inc
Ze.lerbach
Crown
Aircraft
(Del)
Continental Oil Co
15
—_1
(Un)
Gas
(Un)
Jan
Jun
9% 10%
a31%a31%
__
10
(Un)
com
Pictures
Inc
Oil
Pure
20V2 July
10% Feb
Consolidated
1.15
18c
May
57%
—
:•
——
Companies common
Mill
Pulman
Apr
a22
Continental Motors
Co
Motor
Pioneer
Jun
11%
Consolidated
16% July
31
1,100
18,400
11"
100
com
& Tel com
Pepsi Cola Co (Un)———
Phelps Dodge Corp
(Un)
Phillips Petroleum Co
20'% July
23y4
Feb
Mar
12%
Sep
18'/2
a22
—
36 % July
77
„
Pennsylvania RR Co^ (Un)———50
62% July
(Un)—•
'
100
100
Puget Sound Pulp & Timber
50V8
.
Service
Public
Paramount
11% July
Sep
11%
Consolidated Edison Co of N Y
17%
9%
24
Apr
May
20
:
(Un)—10
Pacific Western Oil Corp
Sep
37
__
13% Mar
—
—
•
*
common
preferred (Un)
preferred (called)
6%%
65% Jun
•
19%
11%
15%
'
82
„
25
25
.—25
25
Portland Cement com
Pacific
Jun
Mar
27
Sep
30
16%
16%
10
preferred
Pacific Tel
44% Jan
37% Sep
Commonwealth & Southern (Un)3%
Commonwealth Edison
25
.
1.95
Apr
[■ ■■£.
(Un)——
Corp
6%%
liay
54
__
Lighting
$5
-J'
36% Sep
2%
Class B
Columbia Gas- System
.
'
275
.--20
A__2y2
Preferred
Columbia
-
,
544
17%
32 % Mar
6
zp
pfd
Paraffine
56
__
10%
20
6
„
o
preferred
Sep
55 %
•
Colorado Fuel & Iron common
,
.*■
10
(Un)
Co
1st
Pacific
May
56
a32%a34%
redeemable
Jun
—2.50
„
1st
Pacific
Jun
Apr
Sep
^
9
Feb
Sep
10
15%
19
15
—
1st preferred
5%
19% May
45% May
-
Jan
38
-*-<* *
32
8%
15%
r
preferred
1st
5%.%
Packard
33V2July
165
Apr
100
—
Pah American Airways
68%
..
a9%
'
(Un)
Sep
57
-*
———100
Chrysler Corp—Cities
Mar
68c
'
Electric com
&
Jun
50% Sep
2,437
1.50
51
540
10%
19%
6
—
,
Finance Corp
Gas
6%
•
'
Aggregates
Jan
54
Feb
10
,
July
15%
18
16%
10%
19
„
♦
B
'
9
40%
-628
50%
a37a37'/4
a8%
c
Preferred
52
*
18 %
20
class
'
'
12
Jun
Feb
*43%
20
a31%a32%
Chicago Milwaukee St Paul & Pacific—
v
12
a38% a38%t
Feb
44
a9%
100
(Un)
Sugar Plantation
Rights
Pac
6% Jun
Feb
7%
28
^.
Co
Mining
9y4
22
7%
37%
a52% a53y2
34
/•.
3% Apr
100
12
50%
Common
5
'
v
Eureka
16% Mar
12
Tractor Co————•
Corp of America
•
Celanese
380
5
43
790
24c
—
•
'
Coast
Pacific
Jun
21
21
7%
__
59
20
36 y2
__
24'%
Feb
Feb
40% Sep
198
Jan
59% July
179
Jun
Aug
30
4%
29%
41%
64%
3
23
110
40% v
12
Caterpillar
Central
—,
a24a24y2
40y4
a56% a56%
37%
a52y2
25
25
(Un)
(Un)
& Co
__
21
*
com
:
Pacific
I)
__
--5
Corp
Preferred
ij
a24%
*
Art Tile class A
Case
5,644
*
—
Ca.ifornia
Canadian
3%
2%
(Un)
California
,
3%
———A* - 'a28%*
Cement
California
3%
5
;
Byron Jackson Co
Calaveras
1,310
15
(Un)
Corp
Hill
Bunker
12%
—5
(Un)
Co
(Un)
Borg-Warner
11%
1
tlm>
12%
15
8%
a52% a54%
.
27c
——10
(Un)
Railway
Filters
,
12% Mar
34"%
35%
25
Jun
Feb
24c
100
——
Ltd
*
Paauhau
July
34%
al3% al3y8
42 %
21c
2.40
*
11
(Un)
Corp
5%
Bishop Oil CO
Bluir
__
Sep
202
570
5
(Un)
United
Oliver
24
Mar
Jun
34
14
2.40
(Un)
Co
Co
Oil
Ohio
May
9
May
7ya Sep
230
16%
14
2.30
Aviation
Pacific
Sugar
Pacific
Baltimore & Ohio RR
Feb
25
a34% a34%
al2% al3V8
—
,
Jun
11%
13%
__
Mar
50
12%
.1
preferred —
Northern
119% Sep
89y4 Feb
20
Feb
__
(Un)
American Oil Cons
North
Oahu
Atchison
Juiy
—
•
RR
American
5% %
May
15
Central
Y
North
155
May
57% Aug
35
28l/2
32
110
69
125
268
•
(Un)
1
North American Co common
(Un)__10
North American Invest 6 '/o pfd
100
N
Jun
37
148% Mar
1,762
25
27%
♦
(Un)
Natomas Company
Jun
May
831
.
45%
Jun
185
27%
10c
—
Prod
Service
Linen
Nafl
17'A
—
__
10
Corp
Distillers
National
Jan
'
151% 151%
Lode
Fibres
Auto
10% July
May
4
11%
16%
67
Sep
(Un)
Ward & Co
Nash-Kelvinator
Mai-
10
20% July
240
a2%
*
(Un)
Co
21%
a2
*
(Un)
.
,
Co
Tel
Tel
"Woolen
21
4% May
320
15%
al3%
•
1
1
(Un)
Morrison-Kndusen Co
4'A May
7
586
a2
(Un)__—•
Refining
^'{a
American
American
San
Stan
&
7
Sep
2% Feb
15
7
__
26% May
3t>
a9%
—
Jun
31% Mtty
1
Co
High
2.85
Apr
50
0
Machme
Co
Mother
Montgomery
a9%
-*
1
common
Cons
M
&
M
&
Mindanao
High
3%
—20
a3
*
Foreign Power (Un)
American Power & Lignt (Un)
Amer
a3%
a3
20
&
90
a3%
__
1
Low
21% Sep
High
a21%a21%
__
1
—
(Un)
Inc
Factors
American
Co
(Un)
Range Since January 1
Shares
of Prices
Low
a213/a
J
H)
Low
1.90
2,851
a57%
44
^7
Range Since January 1
High
2,550
10%
•
_5
(Un)
Co
Mfg
Menasco
M
*
•
Navigation
Matson
„
1
Corp
(Glenn L)
Martin
Friday
(Un)
Calculating
Marchant
Exchange
(Un)—*
com
(Un)
Inc
&
Macy
San Francisco Stock
a20%
McNeill & Libby
Llbby
Loews
HONOLULU
-
(Un)-"
Shares
10% 10 %
a53% a57%
44
44
10%
County Land Company
Kern
Teletype NY 1-579
LOS ANGELES
-
33%c
for Week
,
2.00
2.10
a33% a33%
10%
11
a29% a30%
all% all%
a33% a33%
—
Corp—
Copper
Kennocott
STREET, NEW YORK 5, N. Y.
Tel
&
Corp
Kaiser-Frazer
principal Security and Commodity Exchanges
WALL
14
Tel
Johns-Manville
San Francisco Stock Exchange
2.00
20
Independent Exploration Co
International Nickel of Canada
International
Low
(Un)„1
Corp
Mines
Power Co
ftiaho
New York Stock Exchange
ol Prices
Par
Maryland
Idaho
Dean Witter
Range
Sale Price
'
2.65
i
Aug
3.50
Jan
7%
Feb
11%
Jun
Jun
32%
24.
9%
275
31c
4%
14
May
Apr
301
Jan
Mar
Feb
7
...Sep
16
Mar
25%
45
Jun
Sep
Feb
Sep
7% Sep
1.80
10
Jur„
Jun
10% May
22% May
33 %
Jun
49
Jun
11
Jan
37
THE
COMMERCIAL
&
CANADIAN
RANGE
FOR
FINANCIAL
LISTED
WEEK
ENDED
CHRONICLE
MARKETS
OCTOBER 1
Montreal Stock Exchange
Friday
Week's
Range
Shares
Par
Abltibl
Power &• Paper
$1.50 preferred
$2.50 prefererd
common
National
for Week
of Prices
Low
•
16-
15%
Low
12% Mar
17% Mar
21V4May
36% Mar
39
20
19%
19%
19%
1,520
20
37%
37%
37%
220
— _———
'1—5
::•/
■
52
■
,
1,900'
IK
33!
22
22%
21%
21%
•
21 Va
=-50%
-
>■
Sugar
class
A
•
22
„__100
__u
23%
*
CO
Can
4%
pfd
*r
9
9%
125
7% Mar
44
45
1,545
33 'A Mar
56 Va
Feb
65% Jun
•
24
Feb
25% Apr
,
6%
&
67
Trac
21
Bank
Power
American
Oil
Co_
Columbia
Elec Co
Columbia
Forest
Power
22%
160
Mar
174%
43
Sep
43%
18%
19%
3,770
17
Feb
13
5
4%
23
23V.
797
Sep
20% Feb
25%
210
24
Jan
95
89
Sep
96%
A
89
89
3%
3%
__
0
3%
*
25%
—
3%
17%
__
*
_
_
Canada
20
Steamship
common
Canadian Celanese
$1.75
•
300
350
7%
225
20%
235
14% Mar
22
27%
335
27
Jan
30
45
14% Aug
18
Canadian
6%
*
Cottons
Class B
Cockshutt
Rights
Railway.,.
^JC_
.___3—
Mining &
Smelting
5
Glass
Jan
30
Jun
36
May
47
Jun
13%
85
137/a
26
_*
20% Mar
30
Jan
175
11% Mar
15
10
Mar
10
Mar
14 Ve May
•
40c
-
21% Mav
Imperial
10,200
1,537
Sep
91% Mar
121%
Mar
38 %
32
75
33
22
22'A'
22
Sep
80
26
Feb
20%
20%
21
1,095
16
Feb
—
8'A
61
8
Feb
10
16% Mar
24'A
24%
20
24%
Sep
26
50
30
Feb
38
Jun
inc
25%
55
14
Feb
22% Mar
19% May
27% May
21
21
450
20
Feb
22 %
11%
11%
1,616
11
Feb
168% 168%
13% May
5
165
Mar
170
July
Mar
20
.
Jan
29
May
79%
80
331
82
110
■72
7
7
105
5
_•
Ltd!
,
Atlas
Steel
Bathurst Power
Service
com
20
10
286
50
24%
20%
MacKinnon Structural Steel
MacMtllan Export class A
-*
(Robert)
*
Montreal Telegraph
Tramways
40
____100
50
Jan
245
13
Mar
6%
810
23%
20
50%
510
18%
1.05
8,336
121,295
13'A,
25%
20%
8%
21
34
62
13
50
25
Mar
27
Feb
25%
26
320
25
FeD
28
Jan
35
35
500
33% Aug
37 V
Feb
24%
25
1,366
23%, Mar
25*.
Jan
Week's
14
92c
2,777
12
275
435
2,286
3,830
Jan
Mar
Sep
Jan
24% Mar
2,'390
440>
Feb
Mar
43 %
20%
•
8
20
52%
Jan
17
May
9% May
35J/s
49
53 %
Sep
July
Beatty
Bros
19% May
1.95
14
Jun
Jan
25% May
25
Sep
Sep
Sep
13
Jan
27
Jan
Shares
Range Since January 1
High
Low
u,%
12
1,340
10
High
Mar
13%
A-i—:
6%
Ltd
A
39
39
25
38
Sep
42
Jun
9%
2,475
Jan
10
July
40c
100
14
28
12%
12%
150
7%
7%
115
115
_„-.
Brand
Glove
& Hosiery com
Millen Ltd class A,
&
British
Columbia
Class
Packers
•'
46
Mar
11
Mar
16 Va
Jun
10% Mar
13%
Jun
13
10,980
12%
550
11%
12
100
23
23%
50
23
27%
27%
35
27'
11% Mar'
Mar
Feb
70%
A—_♦
B
Pulp & Paper com—*
Company
A
common
Sep
8
Apr
9
Feb
11
July
5
Mar
9% Mar
Chatco
Co
23
Ltd
Ltd
Steel
Sep
Products
Wines
Ltd
—*
pfd
*
Textile
Mills
&
Works
Ltd
Linoleum
Corp
Paper
Steel
Farmer
Co Ltd—!
Products
1
Jun
Jan
16Ve May
Ford
*
•
Motor Co
of
Canada
class A
Fraser
16
Feb
21% May
Feb
38
Great
50
2,385,
May
Lakes
Class
14
Mar
181
45
Jun
20
30
Apr
V
__
19%
48
__
75'
Jun
8%
Aug
4% Mar
74
25
Feb
3% Mar
19
Sep
100
11%
Feb
14% May
1,305
15%
Feb
44
Apr
12%
20%
48%
150
,
,
22
14
55
Feb
19% Mar
162
25
.
77
Sep
1.45
Feb
100
1.50
Apr
38
38
60
.,0%v
10
655
57
57
20
6%
26%
6%„
.
4,000
,
3V«
7% Mar
46%
26%
18%
19
7,695
26
28
135
40'A
41
160
40%
r
38
38
400
—
51%
53
135
20
19%
21
3,756
—
7%
7%
100
37
37%
140
2%
2%
3,200
—
37
2'A
Apr
3% Feb
25
19
20
A
Paper
Co
Ltd
com
preferred.-.
1
*
*
—*
18% May
50
Sep
Halifax
41
Jun
Hydro-Electric Secur Corp._
Insurance
Co
10
—*
24
24
57%
57
113
58%
113 113%
17Va
—
—
24%
Jan
14% Mar
;
2,062
60
1,610
42
42
65
10%
10%
10
2%
27/8
400
43%
189
Sep
13%
Apr
Aug
;
7%; Sep
28
Mar
21% Mav
29
Feb
43 %
Feb,
39 Va
37%
Feb
19%
Oct
33%
6% Mar
36% Mar
2 Vb Mar
Jan
42% Feb
101%
Feb
Feb
16
41
10
2%
-
Jan
10
65
33
.
Jun
4% May
Feb
9
21
17%
3
July
2% May
Apr
11% Mar
1,210
—
—
Feb
130
225
9%
--
20% Mar
630
13
Jan
61'/a Jan
15
375
.
Jun
24%
Jan
2
4
May
175
2
12%
10
18
.
Jun
Jan
15 Vb
Jan
75
3%
__
20%
50
13Vs Aug
15
960
172
185 187%
3%
Jan
Jun
Feb
2
..
6Vs
115
11%
78% Mar
1.95
2
__
134% May
25
16%
21'
14%
2.764-
13 %
172
Jbn
11% Apr
Jftn
380
16%
22
—
16 %
19
13%
__
1.00
Sep
107
-
12%
__
Aug
13%
200
•-*.
4%
19
__
7%
35c
July
34
38 '
*
Shops
Fleet Manufacturing Ltd
:
50
16%
♦
Ltd..
Candv
40
38
*
*
*
18
14%.
•
com
35
49%
*
*
Eastern
4
103 %
__
100
Consolidated Lithograph Mfg—
Consolidated Paper Corp Ltd
34
16%
*
common
Companies
Goodyear Tire & Rubber of Can
49%-:
2
common
General Advt
Donnacona
4%
—100
18
35
•
common^.
Lumber Co_.
Commercial Alcohols Ltd
Fanny
7'%
:
.1
Chateau-Gai
Neon
■
*
Co
preferred
cum
Canadian Western
12%
__
•
__;
Paper Inv com—*
Square
675
Mar
Vickers
&
Dominion
1,342
16
Canadian
l7o
Rand
Marconi
Power
July
7%
2,799
Ingersol
Canadian
Engineering
10 %
2,410'
Canadian
Canadian
Oilcloth
7%
22
Ltd
100
Dominion
10 Vs
13%
Investments
*
preferred
Dominion
7
12%
Gen
cum
Jan
22'
21%
Canadian
Jun
60
22
-*
Canadian Industries common
32%
9%
•
Canadian Food Products class A
25%
10
13%
Sugar
Canada Malting Co Ltd
7%-
—
•
14
__
—_1
Dominion
&
Jan
25
*
Co Ltd
14
7
7%
100
Consolidated
25
Jan *
Canada
s%
40c
.
-_*
Columbia
Jun
25
9%.
.*
class
Claude
39%. Jun
7
__
for Week
Low
Brewers & Distillers of Vancouver Ltd_5
Jun
Oct
29% Mar
12'A
__
-
Sales
Range
of Prices
July
17% Jun
Feb
44
12%
%
*
Feb
691
60%,
18
Ltd
Locomotive
14,
205
47
33%
•
•
Oil
676,.
•
8%
20'
*
•
100
33Va
61%.
__
B
15%
78
15%
52%
33%
25
com
Feb
26
Mar
Butterfly Hosiery
8%<
20
__
Jan
26
8
25 7
4
Jan
20%
*
•
Jan
27
14
108
25
__
common
21%
23
Sep-
5
Sep
102
17
•
Woods
Jun
Aug
5
Burns & Co Ltd class B_;—Li
92c
__
Legare 67o preferred
20
21
"B"_*
Brown
48 Vs
*
(John)
May
27% July
Paper Co Ltd
&
Jan
13
—
43
24%
__
20
33
25/
5
Apr
Aug
22%
.
Sep
47
18%
•
July
34'A
25 Va
20
Limited
15% Mar
8'%
50%
18
28
50
090
Last
16%
14%
__
•
International Paper common
International Petroleum Co Ltd
International Utilities
Corp
Feb
40
Friday
British
52'A
__
33'A
International Nickel of Canada
Sep
Jan
25%
22
Sale Price
19% May
15
25
18%
31% May
21
40
24 Va
STOCKS—
18% May
18% May
100
__
25
Sc-p
Mar
Canadian- Funds
14% Mar
725
common_5
preferred
18%
24
Montreal Curb Market
16% Mar
75'
1,125
__
Indust Acceptance
Corp new com
International Bronze common
6%
preferred
20%
27%
Sep
Sep
8% May
25%
10
150
17%
16%
16
Rights
Imperial Tobacco of Canada
895
26
.
25%
10
25%
17Va
*
80%
83
17% Aug
10
:——.—
300'
17%
__
:
855
-t-~—---10
_——
26
15%
•
1,396
10
19
16%
*
175
26%
10
."—
100
15%
50
183s
Jun
Jan
Feb
18%
•
8% May
Mar
25%
27%
20
97
Mar,
18%
26%
V
Sep
67
82
18%
Feb'.
5% Mar
80
25
19
16%
8%
common—
10%
83
82
_*
25%
__
*
May
40
•
Jun
May
21
20
_•
16%
16
17%, Feb
3zo
common
19
17%
;
Mar";
11% Mar
65
83
Nova Scotia
Belgium
16%
50
12
25
6%
common
~
jun
July
Jan
—
*
l
Paper
Breweries
2,201
25
*
1927
Alabastine
Bridge
Massey-Harrls
McColl-Frontenac
16
•
common
pfd
535
18
•
Preferred
Wares
Jun
15%
18
Jan
33%
15%
11%
100
155
17Vb
Worts
22% May
33% May
33%
•
common
Apr
Feb
144
...
16
83
common.
<fe
—
Jan
__
Power
27
1
155.
,15 "a
17'/B
Jun
8%
21%
1
Mar
125
•
Jan
27
20
49
22
25
37% May
215
222
0
Corp
23%
44 % Mar
46%
155
Aug
-Sep
48
Jan
Mar
35
36
2,855
—
20 % Mar
70
22%
Jun
29
100
85
46%
*
Montreal
40c
16% Aug
80c
Sep
17%
*■
Sep
31% July
Aug
40% Aug
25
new
Dominion
Feb
29
—
Jun
Banks—
12% Mar
16%
15%
Aug
15'%
80
925
6%
Canadienne
Jan
29
__
'/
17%
preferred
10
,
36
36
Sep
27
24%
80c
110 112%
*
Players Canada
Public
13%
11
Sep
3,330
•
45
•
common
Gooderham
Zellers- Limited
5 ',v
332,
Mar
Aug
'
28
100
—
Cotton
84%.
15%
Corp„
Winnipeg Eleotric
.
Apr
1,320
1,025
1,630
0
Mining & Smelting
Montreal
Jan
25
26% Mar
25
25
$2 preferred
Hudson Bay
Molson
44
13%
4,854
123 %
Goodyear Tire 4//
Gypsum
Lime
&
Montreal
50
16%
*
preferred
Mitchell
320
102 Va May
9%. .Sep
24%
25
15%-
Wilsils Ltd
17%
s
Eddy Paper Co class A preferred
Electroluux Corp
Class
Walker
101
Jan
12
36
July
14% May
Sep-
24
22%
Par
common
Dryden- Paper
the
Steel
Wabasso
28
44.
—
com—A
Power
of Canada
preferred
Aug
14%
__
of
Co
77o
United
July
525
85-
1,121'
Jan
18
Mar
101
2u0
14'A'
84
■
18
Canada
40
13%
0
Dominion Textile common
7%
preferred
Donohue Bros Ltd
Lake
22%"
Standard Chemical common
5 7o
preferred
90
45
111%
25
preferred
Labatt Ltd
.•_*
.
certificates
Feb
•
common
Jamaica
84
Co,
35'A Mar
26'A
13
—
4%
28
common-
trust
58
130'
13
35
Dominion Glass
Smith
—
•
50
Press
Jun
•
Dominion Steel & Coal class B
Dominion Tar & Chemical
Oil
18V8
13
__
14
45-
com
of- Canada
Voting
Sep
13
__
Imperial
9%
24%
24 %
99
Southam
1,080
81
15%
'—*
preferred
Howard
102
60'/
13%
15% Mar
.
9%
...
Jun
Jan
July
101%
100
Breweries
Mar
16%
•
Dominion Coal 6% preferred.:
Dominion Dairies common
Hamilton
48
15
68
100
10%; Feb
1
47c preferred
Williams
15
30 %
*
Bridge
Steel
A
115
39
45
45c
Distillers Seagrams
General
16'
Feb
9% Mar
54% Mar
93 % Mar
12
14%
Apr
May
92
98
24%
Jun
-
500
860
.
39
149
•
325
12
30
—•—.1
17c. preferred
Steel
34
23%
*•
Davis Leather Co Ltd class A
5%
515
13%
25^
Crown Cork & Seal Co
Gatineau
460
12%
26%
13%
Plow
Famous
47%
17
30
—*
preferred:
Series
Jan
Feb
12
Commerce
Pacific
Red
237/8
30%
*
Companies
Canadian
57o
177/a Mar
80
13
*
Canadian Oil
Dominion
4,329
38
—
*
Canadian Locomotive
Consumers
20%.
11
98
preferred
Sherwin
14% May
45% Aug
100
:
Shawinigan Water & Power
Jun
12
26%
Canadian Ind Alcohol class A
Consolidated
42
Mar
Jun
Feb
Feb
'
1st
2nd
Southern
11
35% Mar
47
39
•
Mills
Sicks
776
29
37
16%:
12
Sep
Apr
135
57%
16
.
22
103
20
97%
y
•
Feb
35
Co—
8.« May
245
16
—
25
Flour
New
May
57
12
1
Paper
New
Sep
20
45
Investment
Sep
Sep
28% May
187« Sep
44% Aug
690<
545,
40'
Lawrence
Jan
15%
100%- Sep
98
preferred.
preferred
Lawrence
July
12
__
preferred
Canadian Foreign
7%
36
37%
12%
*
6Va
Feb
12
*
common
Sep
28%
36
47%
25
1st
2nd
-25
-
10
37
97
12,
,.
May
5
.
Jan
53
Sep
Mar
—100
__.
St
Aug
16%
20Va
•
New
New
Sep
61/8
__
20.
'
common
20
33%
12
;
•
series
Sep
10%
__
50
Canadian Bronze common..
Canadian Car &
Foundry common
Class. A
17%
May
25 Va
f. Mar
16
50'
44%'
57
,
.
,.*
1
__
960
14-14%,
16%
common
42%
44
a.
97%
*
— —•
Paper
preferred
Sep
27%
27%
10
5% preferred
Canadian Breweries
45
/
Sep
3%
20%
—
common
17%
27/a
'
Saguenay Power 4%% preferred
St Lawrence Corp Ltd new com
4/a May
Feb
2Va Mar
1,900
6
•
preferred
47c
Jan
7%
33 %
0
common
24%
Jan
•
—100
:
St
2% Mar
170
3%
19
33%
__
*
Co Ltd class A
4,200
25%,
3
*
Building
$1.30
Rolland
25
May
27% May
pfd__100
class
Quebec Power
22% May-
13
25%
Products
Jun
26
Sep
23 Va
•
25
36%
•
14%
Transport
18%
__-'136%136%
44'
—
preferred
Oct
13
Jan
13
Mar
21%
733..
.21
20%
101% 101 %
37
100
—
Co
Corp of Canada
4%
Jun
4;745
67c- preferred
.Provincial
Sep
1,218
43%
*
Price Bros & Co Ltd common
Jun
29% May
17 Va Mar
45
Sep
'18
7,000; /..!; 43
23% /■/'24V ;•
f. 42%
20 %
_100
Tubes
River
Power
Jan
66c
23%
Bruck Mills $1.20
partic class A
Cla6S B
Canada Iron Foundries
260
80
25%
*
Canada-Cement
21'A
Sep
Mar
*
B
Products
Burrard Dry Dock
24% Mar
67
25
common
British
Columbia
30c
401
172 172%
»
preferred
British
Class
10
-800
Penmans
Powell
Jan
19%
•"
Note
70
40c
7%
43Va
__
25
Light &
21
5%Mar
43%
—100
ii
160
25%
40c
25 Va
Paper class A
w
7
preferred
Page-Hersey
f
43
970
__
British
Api
3,465
100
_______
common'
conv
\
56%
40c
Telephone
3%%
Oct
25%
•'
Bathurst Power
British
9Vb
55
•
Corp
Amer
42 %"
—7_*
25
Warrants
British
Oct
25
25
Corp Ltd common
4%% preferred1
Brazilian
29-
10 K% July
56 %
of
Argus
New
16%'Sep
Sep1
97-
9
Alvdnlum Ltd
Bell
5
45
Alttoma Steel
Asbestos
97
5 Vo
Agnew-Surpass Shoe
Aluminum
865
97
__
22
High
Mar
10%
\
Apr
18%-
21
\
37
v
515"
»•■■
Acadia-Atlantic
5%. preferred
1
85
i53-
WiV;': 'J
•
Range Since January 1
Low
41%
11!
.
»
Shares
High
40
;»»"
t
Noranda Mines Ltd—
j.
41%
'
Bteei Car COrpi
Niagara Wire Weaving
19%>May
LOW
♦
& Chemical pfd.
Drug
common-
National
High
3,000
Breweries
National
Range Since January 1
High
16%-
for Week
of, Prices^
Par
Sale Price
Sales
Range
Sale Price
Sales
Last
STOCKS—
Week's
Last
STOCKS—
Canadian Funds
Friday
Monday, October 4, 1948
55
Aug
May
Jun
July
23% May
10 Va May
49
3%
27
62'
115
Jan
Jan
Jun
.Tun
May
Jan
20'A- Jun
45
May
Sep
15 %
Jan
4
Jan
May
i
Volume
Number 47391
168
'i
•
THE
COMMERCIAL
&
CANADIAN
range
FINANCIAL
LISTED
for
week
ended
CHRONICLE
(1395)
39
MARKETS
october
1
'
Friday
Sales
Range
for Week
Sale Price
stocks—
k-
Week's
Last
>•;■■■
of Prices
Par
Journal
Co
Publishing
of
Low)
Ottawa.—"
13%
MacLaren
Miaple
•
'?
*
Ltd
Co
Power
Leaf
Paper
Co
V J*:
•
Teleg & Tel
-v
,
Co 6%%
McColl-Fronrenac Oil 4%
Moore
Distilleries
Orange
13 '/a
Feb
127/s
41
127/«
'V
41
Friday
Week's
19
.
..
*
Sales
Last
Range
for Week
Sale Price
of Prices
Shares
Jan
stocks—
May
14%
-
44
May
10 Va Mar
615
:
Mar
15
Aug
36
19
19
12
19
20
20
45
19% May
Va
27
45
25
Mar
92
10
93
25
90
Sep
V
2(5 Va.
20
93
5
5
200
"4% Mar
12%-
12 V2
200
>
1.00
1.05
300
24
1,135
Co
___5
Ltd
23%
*
Power
4'/:
4
*
.: 5
30V
96
20
Juh
Jan
May
Sep
5% May
.
1.2-%~FebrV
l.oo
280.-/
19%
Vk
20'/2
13%
1.10
Sep
-Feb
Jan
Sep
27% May
•
,72
19%
•
Ltd...
.
71%.
comj_.._'
Ltd
Paul Service Stores
23 "b
21
Sep
common-;..'
Paper
Low
Low
High
15 Va
16%
1,800
12% Mar
19 Va
30-
,
65%
75%
Feb.-
Apr
Apr
19% Apr ;%
4% Oct -:'r y
20.f-
125.
13
Mar
17% May
30
53
May
370
>
-
•>
•
-
19% Jan
Abitibl Power & Paper common—
♦1.60 preferred
Acadia-Atlantic
-20
A
class
19%
19%
1,960
18
19% May
21% May
•
Gas
Agnew
&
Oil
Surpass
21
22
100
100
100
10
•
Preferred
Acme
5c
5c
5,000
-
-
22
*
-
Alger Gold
9%
1
Steel
Algoma
Co
of
Amalgamated
4c
'
9%
4%c
Flour
Quebec
Tel
Reitmans
Co
Mills
Corp
Ltd
Ltd 5%
.15
.
50%
A.l
class
(Can;
15
pfd—:'_l_40
-
50 %
11
.
11
100
17
5
10% May
pfd—-20
17
17
11% July
16
"
red
93^ May
>
Sarnia Bridge Co Ltd
Southern
Pr
Canada
Southmont
Invest
..."
...
18
Muy
14%
6%.pfd"".1.100
Ltdjlti'i:——«
110%
Co
14-%
110 110r%
40c
5
143A
13% May
-
7
,
40c X 40c
V
104
Canada
Larder
pfd
115
Feb
Stores
United
Ltd '
Sep
Jan
42c
18
Apr
21VA May
14
Distillers of
Westcel
Products
Wilson
IJ
Canada
^
34
252
14
Oct
16
200
16
Sep
;V
34
"J21£"i-1 _4_*
34.
12%,
825
12%
12%.
Windso.iv■ HotelsLtd'-.:"—'
Mining
14
16
"
Ltd
Ltd.-_ i
C)
Ltd_.„
.12'A
--5
.....
•
7
27% Mar
.,
34%
12%
'
12'A Aug
May
Sep
Sep
9
Apr
13%
Sep
2c
v.
Apr
3%c
Jan
Stocks—
43%
44%
435
3%c May
33% Mar
♦7
56%
695
44% Mar
♦5%
Jun
_
2-%c
_
.1
'
-
•<JC
2
%c
500
6c
i
500
5c
July
6c
1
6c
1,000
6c
Sep
13c
—
13V2c.
2,500
8c
15c
Apr
Jan
6%c
25
17'Ac
18c
2,500
10c
Jun
38c
30c
30c
1,500
22 %c
Feb
41 %c
25,700
Apr
18c
Jun
—
133Ac
•
2.75
25%
1,240
2.40
2.80
8.65
8.65
32c
32c
♦
5%c
7c
37,500
12c
12c
1,000
17c
'
1
Mines
Ltd.
;
7c
••
Bonville Gold
1
■;
3,000
1,000
31,600
%c
6,500
7c
3.%c.
18c
Candego Gold Mines
6c
40c
Sep
8
'Aug/
6c
12c; Mar
7c
Jan
X
18c
3%c
500
20c
9,500
65c
*
65c
34c
36c
40c,
Area
Consol
Central
Cortez
Explorations
Dickenson
Duiama
Duvay
5%C
Mines
Cadillac
Nickel
Gold
Mines
Ltd. _1
18 V'2C
'i
52c
Sep
33c
r
Sep "
'
Sep
;
,
Gold
1
Ashdown
Hardward
Astoria
Mines
Sep
Feb
5»/2c July
16c
Feb
2.48 Aug
8c
13.500
9 %c
2,000
9 V2 c
57c
5,500
21c
"22c
•
5c
2.93
-r
Auto
4 %c
2,500
43c
Bagamac
4%c
4-'%c
1,500
2.68
■
2.73
4,600
40C
45c
4,500
33c
1.00
1.07
9,100
5c
5c
5,500
4%c
Ltd
1.03
Formaque Gold Mines Ltd—■_
--
v.
Lake
Found
Gold
Mines
Mines
Ltd.
J-M
Cons
Gold
Consolidated
Mines
Jun
Bell
Sep
30 %c
8
Gold
Mines...
Mar
1.56
Jun
5c
Sep
500
10
210
8.50
2%c
500
2c
l%c
10c
Jun
20c
Mines
Kerr
Addison Gold
Lake
Shore
Lingman
Mines
Lake
Lingside
Gold
Gold
Louvicourt
Ltd
11%
Ltd—A"
Goldfields
Macdonald
Mines
Ltd
A
Feb
Sep
!!
!'
42c
49c
16,200
33c
Sep
!'
11%
11%
12
10c
12c
8,000
127/bC
14c
25,200
16c
24c
,12
Jan
3c
May
Jan
New
Cons
Dredging Ltd
Calumet
O'Brien
Mines
Ltd
3.20
Hats
Gold
Mines
-
Wordulae
Boycon
1
_
1
_
Gold
Gold
Peron
Gold
Pickle
Crow
Mines
Mines
Ltd
—_
Ltd
Gold
28c
50c
Feb
British
Ltd
Aug
5c
2,500
3c
Jun
8c
Feb
12,000
42c
Mar
1.45
Jan
8.900
40c
July
1.90 Jan
Sep
65.
Mar
UV4 Sep
80c
52%
6V4 Mar
1,700
80c
May
1.60
800
88c
Mar
1.73
Sep
2.75
2,800
1.55 Mar
3<00
Aug
1.18
Jan
1.70
1
1.75
1,500
1.50 Mar
2.17
Jan
5 %c
2,500
4%c Aug
7%c
Jan
12c
3,000
10c
20c
Feb
70c
_»1
Mines
5,000
5%c
1
■
Brewers
(T
40
class A
Corp
Gold
Mining Co
Ltd
70c
500
70c
2.12
Quebec
Labrador
Quebec
1
2.15
300
6 Vac
Manganese Mines
Development
—
1
V-
*
—
Quebec Yellowknife Gold Mines Ltd
10c
1
7c
2,000
68c
72c
1,600
57c
7c 14V2c
149,100
7c
6c
6c
6c
1,500
Mining
Rocliette
Gold
Corp
Mines
San Antonio Gold
Ltd
Co
Siscoe
Gold
Sullivan
United
Cons
500
3.95
200
May
77c
May
Aug
2.15 Sep
1.90 July
4 Vac Mar
v
3%
British
British
Power
B
Amulet
Westville
Mines
Mines
Class
71,700
25
39
40
150
8%c
7,100
173
Buffalo
1,232
4,704
43
Ltd
15c
15c
21
.
21
11
11
10c
10 %c
15c
89c
Feb
Building
Oct
65c
Jan
Apr
14 %c
July
15%
Jun
17c
Sep
May
&
Co
19%
Sep
17C
Mar
3.25
I
Apr
Callinan
Flin
Apr
Calmont
Gaspe
Home
New
700
7c
Mar
lie
Jan
Canada
Bread
99c
Mar
Jan
Canada
Cement
2.08
Co
Sep
2'/8c Aug
V
51c
9c
&
Campbell
pfd
Pacalta
Oils
Omnitrans
_
Feb
Oils
July
4%c
1.400
1.60 Mar
3.75
Feb
13c
16c
19,300
Jun
32c
Exploration
Co
1.39
2.16
9.25
8.25
9.25
8c
8c
__
a
a
Ltd
footnotes,
see
a
Ltd
..
page
..
42.
29c
Sep
57c
Jun
9%
Sep
10
jun
22 %
1
100
%
100
4c
9%
22
1,000
7.00
3c
400
40c
200
Apr
Feb
"24%
6c
Sep
6.50 July
20c
19 %
17
3,084
1,035
23
'
Feb
Jan
11
Feb
1.00
Sep
Feb
3%
3%
7%
13%
8
25%
v7;
3
30c
1.60
;
8c
%
30c
1.61
"
8C
8%c
Mar
Apr
4% May
27%
Feb
July
17%
6%
Sep
Sep
3%
6c
Sep
Sep
35c
May
37c
Jan
20%
Sep
*
6%
Sep
2.40
1.25 July
1,500
Jun
Jan
Sep
8% Aug
Apr
25c
V
Apr
14%
Jan"
2
7,500
7'AC
99
16c
200
7c
—
27% May
Sep
24%
430
1.60
Jan
3
475
6%
25
4!A Mar
1,100
18%
6%
Feb
11%
23,200
17 %
—
23
88,
200
24c
Jan
Oct
23%
40
3
7%c Jan
20
205
20c
23 %c
16%
Aug
21V*
90
7%
25%
,
3%
13%
*
*
22% May
Aug
4c
6,100
*
A
Feb
13%
100
90
*
34
33 %
12%
12
30
30
30
4c
Jan
15 %c
Feb
6'/aC Aug
25c
Jan
28%
Feb
3 %c
July
35% July
5'/2c Apr
Aug
34
200
4c
2,000
12%
470
11
Feb
15
100
21
Apr
31 % July
13 Va
Feb
21
Sep
7'A Aug
9
Jun
15c
Feb
16%
Sep
19
Lake
8%c
1,000
16%
6.951
14.000
42c
*
5.50
8'Ac
49c
5,500
2.45
49C
2.55
3%
20%
27%
27
28
5,100
V 100
3%
20%
20
7c
225
4.65
7%c
•
common
125
16%
—
5.50
1
common
120
7%
8%c
—1
Red
19%
7%
—
*
*
"J
Aug
14 Va July
;
3.65
6c
34c
2.15
3'A
Feb
"
Feb
<
Jan
Apr
5
Feb
Jan
3.00 Mar
4% May
Sep
14% Mar
27
Jun
65c
Anr
225
7.60 May
18c
Mar
337
6
a
Malting
6
112
115
48
48
48%
9%
9 %
9%
33
a
a
7.50 May
■
_
May
16c
•
22% May
29
July
33
33 Va
16
16'A
60
181%
183
240
43 V2
7
May
Apr
53%
9
Sep
11
33
Sep
38
Apr
18
Jan
%
Jan
345
Jan
15% Mar
3.50 May
1,800
_
-
13c
Jan
5.50
a
_
Jan
500
17,200
23%
23%
—*
Flon
9.40 Aug
2.75
2.00
;
Feb
Sep
16c
1
.
..
Ltd
Roy a lite Oil
For
.
10 Va
.50
-—*
Edmonton
Jan
4.85
a
a
Ltd
May
,<170
21%
1
1
Preferred
2.50
.
Oil Ventures Ltd
Oil
Okalta
-
Oil.
Aug
12
Mar
21 %
21%
183
00
a
Homestead
Feb
Jan
21
10c
2,000
—
Consolidated
18% May
38
3,000
14
*
Oils
5.50
0
100
11
—*
A
A
4,300
Sep
2.75
.
.
21
11c
5V2c
1
Calaer Bousquet
Caldwell Linen 2nd
Canada
s
Ltd
60c
28c
15c
19
a
Co
Calgary & Edmonton Corp Ltd
1.45
1.45
1.45
11c
17,300
1.25
Jan
2,690
5.20
Feb
2.25
700
8c
May
95c
July
Mar
Canada
Canada
9.65 May
32 %c Apr
1.82
Varnish
8c
7c
8c
2.000
21
19
21
263
5c
16
July
Feb
A
Canadian
May
16c
Feb
21
Sep
1st
pre
Canners
common.
•
2ft
_a
201%
Jan
12
12%
97
11
Mar
14
May
37'A
116
35
Feb
42
Jun
Sep
23% July
78
78
25
70
Jan
85
Jun
2 2'A
22
22%
735
21
July
23
Jan
20'A
20
20%
3.388
17% Mar
24
Jan
16% Mar
22
May
21
.1
Breweries
Sep
36%
a
.10
Canadian
%
class
180
12
25
preferred
Wire & Cable
-
37
50
Jun
'
6,500
v
174% Jun
44% Oct
Aug
14
;—
Canada Packers class A—
Anglo-Canadian Oil
13c
5%c
0
class
3.95
Oil Stocks—
1
42%
Mar
22c
4c
i
•Class B
Burrard
1.36
2c
160
10,700
16c
*
class
Jan
1.000
Jan
May
67C
4.75
Jun
25c
Sep
July
25c
*
Apr
100
41%
Oct
21c
7.00
__<•
Products
Mar
E.80
4c
7.00
*
Hill
50c
2 Vac
Apr
8 %c
18c
—'
*
Burlington Steel
2,000
8.80
Sep
Aug
22%
•
Lake
8c
2%c
Sep
17
38 Va
»
265
A
Canadian
53c
*
54c
Sep
9%
•
1
Red
7c
———1
5 \'i
Mar
14,500
89
Oil
Buffalo
Mar
1.45 Mar
34c
9c
16
Jan
Jan
53c
2,300
44%
25%
Ankerite
50c
48,700
38
Sep
3% Sep
25
39e
34c 35V'2c
*
35c
3c
Feb
Jan
89
B
1.35
Ltd
class
Broulan Porcupine
Bruck Mills class A
2,200
48c
Jan
Mar
Va
25%
—
Dominion
36c
3c
8c
32
25
;
35'Ac.
4Gc
20 %c
July
760
100
Products
Packers
Columbia
Class
British
Calgary
3c
5c
37%
3 'A
44 %
*
pfd
B
3,500
46c
:i
Sep
28
171 %
*
common
Forest
Columbia
Class
2,700
Corp
!
8'A
Feb
5
—
Electric
Columbia
British
8c
8c
i'
Feb
Aug
8v2c
Pwr com—♦
,
2.25
—;—
Apr
33
1
Oil
Columbia
8c;
Ltd..
Ltd.
3.00
25
16 Va
*
—
9c
X 3.95 Sep
8c
Jan
■445
33c
40
*
A
G)
2.ii;
Vinray Malartic Mines Ltd.
Waite
8c
Sep
25c
450
■
16%
39c
a
Lakci
8c
Ltd
Mines
13
Sep
4.00
8%c Mar
500
33:%
*
class
2.18
Ltd
(1944)
Mines
Asbestos
1,200
12c
Ltd—
Mines
Gold
15 VB
50
Mines
Mines
Stadacona
Standard
15
12c
Mines Ltd——"
Bantlago Mines Ltd
Sherritt-Gordon
15
12c
3.95
_
*
1
__
Ltd
4,625
5%c
33
1
Preferred
British
Burns
Quemoilt
18'/aC
33 3A
.1
American
Bunker
_
C
26%
a
preferred—.
common
„.
Buffalo
Pitt
_
.
Jun
16c
'
7Vb Aug
36%
.1
Traction Light &
&
Distillers
Bright
55c
80c
75
35
1
Mines
14% Mar
11 %c
Pandora Cadallic Gold Mines Ltd—,—1
Pen-Rey
Sep
1.57
1.60
•
Ltd
56c
2.65
.
1
_
_
-8%
25%
25
:
Pershing
10% July
100
Apr
Mar
1,300
35%
100
Brand & Millen
1.900
11
4,600
5%c
a
Red
53%
8c
15c
Aug
16c
Feb
3.25
18'/a
--
1
Mines
Brewis
11
_
Mar
,
9c
3.20
5%c
1
1434 Mar
12
50c
13V4
10 % May
8'A
*
Ribbon
Jun
53 3 4
..
_
Mining Corp Ltd
25c
64c V 75c
<3c
...
...
Normetal
30c
1,490
Feb
5c
--
Mclntyre-Porcupine Mines Ltd
Mining Corp of Canada Ltd
Nechi
10
11%
•
15c 17V'2c
*
__
Jan
50c
...
Ltd.
Ltd
600
13
11 VB
'V
40c
13
30c
Ltd.
Mines
Mines
40c
7
Mines
Ltd
July
12c
•
class
Kirkland
Brazilian
Joliet-Quebec
5c
l!'
14% Aug
16%c Jan
6V4C Mar
.
Mar
Jun
Jun
Mar
,12c
"
Mining
Gold
Biltmore
55c
8,000
11
7,900
Jan
3c
Jan
39c
Mar
10
common
Fideood
70c
2'Ac
2'Ac
6c
10
Telephone
New
Jun
Aug " '
10c
15c
Sep
Mar
10
Jan
Sep
Mar
' i
May
Feb
9.50.
Ltd.
12c
,
ij'
Jun
I
12'Ac
72c
:
Yellowknife
Bralorne
Hollinger
6c
19,100
75c
6c
13 %c
1
—
Bros
13V2c
%c
10c
--
,1,700
Sep
7% May
Mar
Sep
3.50
2%c
Ltd
430
18c
5% Mar
35c
4c
a
Goldvue
6%c Mar
5,000
*
Traction
Bonetal Gold
Mines
A—1
Scotia
Innes
&
"
-1.65 Mar
i
17,700
1
Nova
Metals
Bates
-
—
Gold
class
Montreal
Barcelona
Blue
Ltd.
Jan
7c
1
Mines
of
>v
Aug
Jun
31c
Jun
fi'/ac
.
I
Electric
Beaulieu
12 %c Mar
14%
9c
'I
Mines
Gold
Bevcourt
—
Apr
Jun
9%c
49c
•
1
Gold
Aumaque
Jan
;
Apr
9.20
68c
6c
1
—
Mines
22c
Mar
6%c
1
6'/«c
__
♦
:
of 'Toronto
65c
56c
Mar
8'c
15c
5c
.
6c
■
•
Yellowknife
Aubelle
v.
1
1
-
Steels
Atlas
Bank
Sep
10c
i:
Jan
3.45 May
Jun
Aug
4%c July
225
13%
1
__
of
Aug
76,540
1.35 Mar
8.25
30c
400
8c
14c
10
(1937)
Bank
65c
7C
Mines
Ltd
A
Quebec
Athona
Bank
18c
9c
Elder Mines Ltd
Eldona
class
Ashley Gold & Oil
Feb
1,000
2c
7
45c
13c
—
1
Mar
1,000
2.80
25% July
■
Armistice
55c
;
250
5%c
IGV2C 18J
__
Ltd
Mines
6%
43c
43c
5%c
2'/2c May
18c
31,200
Mar
Jun
62,800
56 %c
V
15 c
♦
common
Warrants
Beatty
:
Ltd
Lake
Mines
East Sullivan
Mines
Ltd
Mines
Red
Goid
1
1
Corp
Argus
Base
Denison
Porcupine
Mines
'
1
2.75
.
7c
.
_0
Chesterville
1
Bankfield Consolidated
;
_
6c
35c
,
38 %c
8c
500
Apex Consol Resources
24
120
1
Aunor
0
'
Jan
13c 147bc
—
•
•"
1
Jan
25 %
Jun
16c-
v
13c
17 %c
Oil
Atlantic Oil
;
1
Apr
54%
•
1
Canadian
V
Sep
1
Yellowknife
Atlas
0
,J„
9'/a
44%
American
Arjon
Thrift
Jun
25
Mines
Anglo-Huronian
:
Apr
7%
3,500
8c
Jan
Feb ■'
37c-
3,653
Oct
102% Aug
Aug
56%
•
Aquarius
I
22
Apr
Sep
5c
595
Anglo-Rouyn Mines
Purity
16%
97
•
American Nepheline
Anglo
9
; /
675
Mar
•
oommon
Aluminium Ltd
Aluminum
Range Since January 1
High
16%
,
50
-
,——10
Light &
Crush
31
"
Exchange
Canadian Funds
16V4'"Jan
•
pfd—20
pfd__—.100
Ltd
Ontario
Scotia
Sep
Jan
50
r__j_.l0
Corporation
Nova
•
conv
preferred
&
••
—
Mica Co of Canada—
Minnesota
291/2
12%
%
—"
•
;
Massey-Harris
6%
30
475
common—— 10
preferred
Melchcrs
0
Milling Co Ltd—_L
i'
1%
29'/a
lb7/*-, 17 %
\V "17
13%
'•High
Par
<fe
*
Maritime
Low
29'/«
A—"—._*
M)___—!__•
(Walter
Toronto Stock
Range Since January 1
'
High
13%
Loblaw Groceterias Co class
ijowney
Shares
18
26%
21
18
2 6'A
18%
21
19
26'A
19
55
1,070
10
160
21
23
17
Apr
Mar
28
21%
Jun
Jun
'
,
40
(1396)
THE
COMMERCIAL
&
CANADIAN
RANGE
Friday
Last
/vv.'
,
Canadian
Car
" :(■'
v;/%'/;:/
12V4
•
40
High
16
Low
•
.
565
10
825
la
14%
Jun
Gold
Apr
16
Jun
Globe
God's
Lake
81'/a
325
56%
FeD
«y%Juiy
40
500
34%
Feb
13%
Apr
15% July
Goldale
35-
■
13%
13
13
13 '/a
135
10
Mur
x*
Apr
25%
25%
150
21
Mar
30
Cos
Eagle
70c
70c
950
64c
Aug
11
Mar
Golden
15
Jan
Goldhawk
*
13'A
13
13 1/4
250
I6V4
15V4
16 1/4
5,862
12% Mar
1011/2 102 V2
30
98 % Mar
103%
Jan
Uoldvue
1.25
417
1.00 July
2.b5
Jan
—
—
1
Oil
Patricia
1.45
*
.
1.25
■
1.41
60c
1.48
58c
2,500
60c
1:20 Mar
4lc
3,500
Gold
Mines
1
1.25
1.23
1.25
2,550
—1
14c
15c
.1
5 %c
5%c
12%
12%
7%
35
common
1
_
Chemical Research
Chesklrk
July
1.80
Jun
63 %c
—"
1,40 Jan
8,000
13c
Mar
33o
Jan
1,500
,
5c
Aug
16c
Feb
11% Mar
v
VV4
13%
8%
Aug
35c
35c
600
30c
Mar
65c
1
4%c
4%c
3,000
4c
Mar
8%c
Mines
2.70
.
2.70
Gold
Citralam
Apr
Jan
2.83
8,775
2.20
Jun
3.00 Mar
13c
Malartic
14c
2,500
7c
Juiy
30c
3%c
28,500
2c
Aug
5c
Jan
Rights
16c
16c
500
13 %c Aug
2.08
Plow
2.01
2.20
4,000
1.72 July
_.
13
'_U:.
15
2,855
40c
90c
12,673
8'
48c
_
com
8
25
*
Yellowknife
1
5c
6c
0
Mines
i
6 %'
5
1.40
2.45
7
Grafton
Feb
17
40c
Sep
90c
Sep
9
Feb
Aug
Mar
7%c
500
31c
July
36c
Fed
90c
;0vKlOQ//
90c
5%
250
V
1.40
Sep
1.51 July
1.10
Jun
-—*
10
10
10%
320
9
16%
Sep
58c
62c
11,100
54c
Juiy
85c
Jan
18c
18c
18c
2,000
13c
Aug
21c
Jan
Duquesne
Mining
1
60c
65c
3,333
55c
Consolidated Homestead Oil
Aug
•
15tic
13c 15 %c
64,700
'11c
Jun
Consolidated Mining & Smelting.
5
111%;
110
113
2.077
___
class
Press
A
__<■
_
B
8
91% Mar
8%
260
8
Apr
2%
100
2%
70c
Sep
32c
Jun
121%
Jun
Sep
148 150%
*
110
2%
100
Exploration
150%
*
1.15
_
Co
1.02
_*
____.
Mines
10%
Pershing
*
1.15
145
Mar
70c
7,350
154
Mar
Jan
Guayana
Gulf
class
5Va
200
20c
5,375
18c
July
40c
41c
5,900
40c
Aug
48
48
35
7%C
10c
12,000
7%c
8c
10,000
7c
Mar
23Vic
17c
24c
51,500
10c
Mar
24c
21%
iV
21%
21%
175
3
8
40
_1
Patricia
41c
___1
^
8c
1
•
Petroleum
Leather class
Class B
Delnite
A
*
_
.i_
_
Mines
Denison
.
Dickenson
4% Mar
42
Jan
7%c Sep
21%
6l/2 May
Red
10c
8c
Harricana
14%
•
17%
•'/
16%
36c
15%
Homer
Mines..
Hudson
Bay Mining & Smelting.
Malartic
Hunts
Ltd
Bank
Oil
26% July
11
Imperial Tobacco of Canada ordinary_5
4%
preferred
25
Ingersoll Machine
class
com
International
Bronze
International
A
Nickel
2,105
lo%
Fen
39c
8.000
30c
15%
15%
1,405
15%
July
Sep
J52% May
65c
Jan
23% Mar
27
Jan
8%
8%
9%
1,215
6
100% 100%
40
99
100
__
15%
15%
16%
2,780
22%
22%
23 %
295
20%
__
*
__
62c
;
Mar
Apr
20
20%
140
11%
11%
95
15%
15%
13%
Feb
21% Mar
12% May
103
Jan
Jan
19% Mar
22 %
13 % May
18% Jun
175
Feb
10% Mar
61c
63c
16
25
21c
23c
57.000
17c
Jan
4%c
1
Oil
Oil
East
Malartic
Mines
1
East
Sullivan
Mines
5c
14,000
4c
Aug
;
11,300
8c
1
*
Powdersp
International Metals class
Estabrooks
Eureka
7%c
*
9%c
Mar
5lc
7%c
15% Aug
1,500
6%c
4,300
Famous
Aug
1.10
Feb
7c
17 % July
30%c Jun
12c
Jacknife
___-
Jun
33c
Jan
10c
Jan
Grain
preferred
class
Gillies
8.901
24c
Jiily
55c
Mar
1,400
10c
Aug
10 %
95
10
•22
22
50
1.76
8,600
1.15
Apr
Sep
Apr
74c
Jan
1.54
25c
*
Jack
_;
Walte
Co
common
:
Aug
Jan
15%
15%
15%
1,265
15 % Mar
18% May
37
36
37
665
34
47%
7%
6 %
8
925
108
101
108
170
4%c
7.100
*
4%c
Wares
4c
33c
33c
10
*
300
7%
50
2%
600
16%
16%
24
25
.
100
1.455
Joburke
25c
7%
Mar
Lake
footnotes,
see
page 42.
Jan
12c
July
16
35c
12% Jun
15c
6%c
1,200
5c
85c
2.800
65c
Aug
3 lac
1.000
3c
Aug
4,000
Mar
7c
10
2.085
8.50
Jun*
8.15
9.25
10,810
5.35
Feb
5c
5c
.1.000
5c
1,000
Jun
30c 32 %c
7.500
16c
Jan
95c
Jan
Feb
July
18c
Sep
Jan
24 %c
J/;.
9c
Mar
Sep
12
Jan
9.70 May
5c
May
25%c Mar
6.000
26c 27 %c
5c
May
1.05
9.75
5c
Sep
9'/a Mar
July
48%
49%
2.897
3c
3 Vac
14.500
7%
7%
26
26 %
43 V3
Jan
2c
9c
Feb
42c
Jun
32c
,
Jan
Jun
75
53 %c
,
7% Mar-
400
17
18%
1.05
277,851
13
13 %
25
25%
350
6c
1,000
20%
21
70
7%
7%
50
9
23%
30.797
94c
6c
13
25
1.050
9
Jun
4c
May
10%
Jan
27
~
Apr
14
Mar
94c
Feb
19% May
Sep
1.95
1.080
12
Mar
Jun
14% Jan
24 % Mar
4c
Aug
20%
Sep
7
8c
■
Feb
21
Oct
9
■
Jun
Aug
8%
25% July
:
9
Feb
11
May
21
21
25
21
Sep'
25
Jun
25
25
220
25
Sep
100'% 100%
__
10
34%:"
33%
12%
12 %
13
34.134
45c
48c
27,100
4c
4c
5,500
46c
Mining
31% May
102% Jan
98 Va Mar
4,630
29% Mar
.
39%
11
Mar
16 Va
Jun
40c
Mar
84c
May
3%c July
Jun
7c
Jan
9c
9c
9c
5C0
8c
July
13c
Sep
5c
5c
5c
1.500
3c
Aug
7c
Jan
15c
15c
3,950
15c
July
58c
Joliet
Quebec
Mines
„r.—.
44c
64.811
25c
Mar^
5%c
7.000
5c
Apr
15c
July
—
Kayrand Mining
1.80
1,625
%
17
295
101
16%
58%
1.75
102
20
25
29c
Kelvinator
Kenville
2
15%
2
100
15
27%c 29 %c
28%
—
Gold
5,115
47.752
24
Apr
9V4C
Golden
Kirkland
Gate
9%c
2.000
9%c
13
13%
2,480
11%
Jun
8c
Lake
8c
9c
30,000
8c
Apr
6,700
1.35
V"
Feb
57c
Sep
14"
Jun..,
36 %c
Sep
32
Sep
Sep
15c
Jan
'15
Jan
22c
Jan
Ltd
—
5.85
Gold
1.34
1.40
1.78
Jan
23 %
23 %
417
Mar
25%
Jun
5.50
6.00
3,580
4.10 Mar
7.75
Jan
3c
(Johni
Labrador Mining & Exploration,
Laguere
32
13
Kirkland
Lake
Lake
Lake
Dufault
Mines
Fortune
Gold
88c
3c
1,000
2%c May
6 %c
Jan
Wasa
84c
11
Mining
21.450
90c
3c
Mines
Shore
La
Luz
Mines
1.26 Aug,
23
3c
11
11%
1,000
.
38c
Mar
2c
Feb
1.00
5c
Sep
May
1.000
10% July
14% Mar
25c
70c
35
36
2,150
2.25
2.40
1.525
5.50
___
_
Sep
Oct
Jun
35c
Mar
Feb
11 % July
8% Mar
7 %
Sen
2
Sep
Lang
Gold
&
Larder
Sons
"U"
3%
Jan
Lebel
5.60
200
5.40 July
19
19
165
16 % Mar
Feb
16%
Feb
27
Feb
59% May
16%
4c
Leltch
Levy
100
4c
5c
34,500
95c
90c
95c
6,200
1.10
1.13
9c
2.29
Mines
Ltd.
May
1.95 Aug
Bros
Little
Lake
Long
Gold
Mines.
31c
Lac
Jan
Hosiery
Class
Mills
com
20
101
Sep
108
Jan
2
Sep
—
*
.1
360
14
Mar
104
104
25
99
Apr
4.80
5.05
5.061
6%c
7%c
14,600
2.90 Mar
6%c
Aug
17
106%
6.10
14c
11.600
25c
July
75c
3,200
67c
July
Jan
Jun
14
Jan
59c
Feb
1.50
Jan
505
26% Mar
31
145
24 %
29% Aug
7
7
12%
12%
70
55c
27,600
12%
54c"
*
Mi
—
—
50c
17 V8
—
Gold
100
17%
35
6
Apr
11%
May
Sep
40c
Mar
167/8
Sep
Jan
7
Sep
13%
Jan
1.50
17%
Feb
Sep
..1
..
12c
12c
12c
8.500
10c
July
20c
Feb
9c
8%c
9c
1.000
6c
Aug
11 Vac
Feb
2.20
.
—_
*
2.34
6.250
62c
_
—
Mines
75c
20,400
40c
Sep
July
7c
8c
3,000
6c
Aug
93c
1.05
10,100
85c
Aug
—
Mines
Macfie Red Lake
—1
Gold
Mines—
1
1.05
10
Class
10%
980
7%
7%
1,063
2.45
2.54
14,275
16c
16c
500
1.83
1.72
1.88
19,560
2 %c
2c
2%C
1,000
B
2.15
3.00
Jan
1.95
Jan
12c
9
Feb
4% Mar
1.54
11
Jan
Jun
Magnet
Lake Gold Mines,
Consol
2.45
—
2.25 July
16c
Aug
Feb'
July
9Va
Sep
3.15
Jan
Jan
Madsen Red
15'A
104
31c
29c
1.25
16c
29%
Jun
4.90
Sep
Jan
1.19 May
Feb
Sep
3%
6
Jan
27%
—
-
Yellowknife
Macassa
1.10 Mar
6%cJuly
8c
17'/a
5%c Aug
29
$
Goldfields
fWalter
Lunward
2,250
2,000
1,000
Feb
27%
Sep
May
Mar
Feb
6.95
29%
A
Lownev
60c
3.00
21% May
27%
B
London
Aug
Mar
9c
73c
Groceterias class A.
Class
3c
12
2'/2c July
77
Gold
Lineman
9,000
14%
4%c
—
Oil
Gold
4%c
14
__
Mines
Oro
Lencourt
Lynx
13%
1.30 Mar
Mines.
Laura Secord
Louvicourt
21
45
19
MacLeod-Cockshutt
16
41c
5%c
Mines
Lobiaw
8%
108
May
1
1
5.05 May
7c
Sep
100
Yellowknife Gold Mines
3c
Aug
9% May
May
Mar
Mar
Gold
MacDonald
58%
*
♦
7'.'a
25
100
common
4c
'
7%
Mar
3% May
85
500
10
_•
common
14
3%c
34%
Aug
1
4.55
3.60 Mar
*
Power
55
35c
100
Mines
Leduc-West
12
23
Jun
Jan
2.020
____100
Bakeries
For
May
15,700
2%
A
14 %
May
4.30
_„10
Steel
10
20
4.15
j
Preferred
Giant
Sep
Mar
1.68
♦
preferred
General
6%
16
22
33c
common
14%
6% Mar
Feb
Jan
4.15
__1
Frouisher Exploration
General
13c
Petroleum
Fraser Cos
5%
1.08
13c
»
Manufacturing
Gatineau
45c
99c
*100
_
Kirkland
Motor
May
2.08
3.50
•
*
Fleury-Bissell
Ford
40 %c
1.70
50c
Aug
1.64 Mar
25
10%
Feb
1.33
1
Shops
com
Products
26c
325
—,__25
Preferred
Fleet
7%
17%
42c
•
Candy
240
10c.
Gold
Lamaque
7%
1.04
1
Preferred
Fibre
5.900
1
Players
Federal
13,000
17%
25
pfd
Apr
3,050
Jan
5%c Mar
11,775
2.75
'
(T Hi
Federated
40c
1.60
1
Farmer
Federal
7%
37c
1.40
2.65
1
Falconbridge Nickel
Fanny
40c
1.60
20
Corp
5%c July
l%c
2c
8%
1,000
fd__25
a
Preierred
Lake
•
Insur
Sep
19% May
2fi%
11
16
21 %c
Crest
Life
3%c
Aug
Jun
Feb
28
Leduc
Equitable
17 V8 May
500
1.950
—
Uranium
36c
*
.
13 % Mar
£'c
*
Petroleum
International
Aug
Ltd
Mines
1.125
3%e
12c
6
International
Mar
__■
Gold
15%
3%c
35c
21
(John) & Co
Jan
24
East
Gold
July
14%
3.20 May
37c
Apr
1.15
35c
1
Jan
22
—100
Mines
20c
130
10 %c
__
82c
Apr
589
East
Sol
2,100
Sep
Jun
325
l
Eldona
24c
v
810
—
Industrial Acceptance new
26
Amphi
Elder
Sep
125
32,400
—
Oct
24%
Mudge class A
El
Mar
98c
32c
18 %
Rights
64c
•
Steel
60c
9,700
11%
7%
July
Sep
25
Eddy Paper class A
2,200
1.10
28c
3%C
A
Indian Lake Gold
25
Ouvay Gold Mines
Eastern
5
97c
98c.
10%
49%
,
class
Imperial
Labatt
East
125
95c
26c
Jan
24 Va
1
Mines
44% May
15% Aug
30 %c
19c
25
Mines
Gold
10% Mar
__
Gold
21c
24%
pfd-_~__23%
—
40 % Mar
275
Jun
Mar
•
common
204
15
Yellowknife
Hosco
Kerr-Addison
Textile
Woollens
42%
5c
May
Apr
1
Steel
Dominibn Tar & Chemical
Sep
May
20 %
10
__
Oil
90c
10
_—
11
20
9.25
Highrldge Mining
Hollinger Consol
Feb
17%
May
Sep
15% Mar
12c
48c
23c
10
35c
_
Mines.
Juiy
43c
May
8c
Mascot
luc
8,700
53
79c
75,100
58,500
Feb
Jan
100
30c
--
Sep
30c
Jun
49
9c
1,878
10%
___
Jan
58c
118
%
6 %c
1.60
23c
*
ae
"
Gold
12 %c
52c
25%c Jan
Feo
19
Gold
Hedley
Sep
17%
125
i
Gold
Heath
Mar
15
_____
Mar
28c
•
Dominion Steel & Coal class B
Dominion Stores
&
19
3c
8%c
17
2c
5c
52c
Magnesium
Donnell
75
8%
55
Sep
1.05
1
Malting preferred
Duiama
195
10%
__
Headway Red Lake
Kelore
Donalda
52 %
24c
2,600
15c
2
,___
Dominion
52%
.
34,000
__1
Ltd
Dominion
52%
1.05
1.32
10 %c
Mining
Foundry
Dominion
101
42'/«
Mines
Carpets
Jellicoe
Dominion
65
10
10 %c
15c
Lake
Dominion Bank
Dominion
2,500
8,500
114
2.80 Aug
Feb
16c
19
Hard Rock Gold Mlnes.
Jan
30c
Sep
,8
1
Yellowknife
Mines
1.25
1
Seagrams
Diversified
Dome
Mines
Lake
Discovery
Distillers
1
,
Nickel
Red
4c
9%c
112
17%
Gypsum Lime & Alabastine
Inglls
Detta
3%c
Gold
Harding
1.95 Mar
4%c Aug
8%c
A
Mines
Lead
7,716
3,000
•
1.35 July
18c
/
100
_
D'Aragon Mines
Davis
Apr
6c
Feb
3% Mar
5%
1
—____.
Davies
,
2.50
6c
10%
Guaranty Trust
Imperial
common
Coal
2.40
112
Lakes Paper common.
preferred
Great West Coul
Hugh
Gas
Nest
14c
8%c
Howey Gold
Crow's
July
Jan
60c
Crowsiiore
7c
A
Heva Gold
2
Croinor
Feb
2,200
'
1
Craig Bit
Jan
7%c
Jan
Apr
65c
600
Jan
6%
Apr
Mines
Crestaurum
16c
,'Aug
7c
Sep
8
Cadillac.-
Conwest
Sep
3c
7c
6c
Great
Home
'
9c
1,250
Cotton
Beattie
Class
3,500
3%c
2.42
5
&
Jan
9%c
Bridge
Central
Consumers
May
common
Hamilton
Consolidated
Consolidated
19c
Mines
Jan
10
5c
1.40
*
_
Bakeries
Consolidated
Apr
9c
Halcrow Swayze
Halliwell Gold
Consolidated
i'
11c
Porcupine
Jun
22c
,4,500
35c
6 %
v-
Coniaurum Mines
Consolidated
35c
1
—
National
Coniagas
3,000
May
i.u9
3%c
Preferred
Hasaga
Commoil.
Conduits
15c
__
*
Collingwood Terminal
Coiomac
Mar
4c
80%cMay
7c
Hamilton
16e
Willans
Cockshutt
48c
Feb
3c
31/2C
Coastall Oils
Cucuenour
12,550
__
Mines
Gunnar
Chimo
55c
Sep
Feb
_1
_
Mines
Chesterville
51c
Sep
1.05 Mar
100
7%
Steel
52c
Gordon Mackay class A
Porcupine
Preierred
Mar
__
100
Centremaque Gold
Chatco
52c
14 %c
Goodyear Tire
preferred
Castle-Tretheway
Central
12,400
21%, Jun
Goldora
General
70c
Manitou
Feb
25
1
Leduc
67c
Mines—
Railway
uola
Central
Aug
70c
Arrow
88c
High
2c
Mines
common
Canadian Utilities
Caribou
Low
1,000
Gold.
Goldcrest Gold
Gold
Range Since January I
High
2'/4C
Jan
*
Pacific
Low
2%c
39% July
25%
Canadian Malartic
Oil
Shares
_L
Golden
Canadian
for Week
2%c
OH
72
•
Locomotive
Canadian
Sales
Range
of Prices
Pur
Glenora
%
"
industrial
Week's
Sale Price
STOCKS—
High
Mar
79'/a
C 40
*
"A"
Alcohol
Cb^aaictu
1
Last
;
*
,
Canadian
MARKETS
OCTOBER
Range Since January 1
13%
'•
Canadian Food Products class A
ENDED
Friday
Shares
121/4
15%
BO
common
Preferred.
12
16
25
C'elauese
Canadian
Low
*
20
—
WEEK
Monday, October 4, 1948
for Week
Par
common
A
Uiaos
Range
of Prices
LISTED
FOR
CHRONICLE
Sales
Sale Price
STOCKS—
Week's
FINANCIAL
40c
Feb
Jan
Jan
Malartic
Feb
Manitoba
Gold
&
Fields.—
Eastern
1.50
2c
Apr
Aug
1.95 Jan
4c
May
Volume 168
THE
Number 4739
COMMERCIAL
&
CANADIAN
■RANGE
Week's
Range
Friday
m
Milling
Maralgo Mines
—
Gold
Marcus
_
_
Massey-Harris
', ' J,
1
_
:
13
—_i
_
Martin-McNeely
——1
*
;
14%
3%c
'
*
High
13
3 %c
'
-
'
Low
11
1,780
•
5,000
6c
iL)
McCabe
*
preferred
Gram
class
■
12c
9,000
9c
Aug
31c
Jan
7,000
3c
Aug
6C
Mar
21%
_
—
22%
5,982
16
Mar
23
24
Mar
30
18
Aug
18% May
Preferred
•
9
500
common
__
_
9% Mar
)6
Sannorm
100
93
25
500
9c
53%
785
52%
1,200
2,268
90
15c
Shea's
Jan
66
July
Porcupine
M'Kenzie Red
McLellan
Lake
1
__
Gold
McMarmac
Lake
Gold
_..i
__
32V2C
1
-
Red
53%
53-%
1%C
l%c
12c
32c
Sep
Mar
Mentor
*
Gold
_
Exploration
..
75c
Aug
Jan
Sep
3%c
_
Mid-Continent
_
29c
Jan
•
Water
Oil
Brick
6%c
__
Mining
Corp
Modern
Tool
Meneta
«
__
_____
..
11c
Sep
18c
Jan
Sliver
35c
Sep
11c
500
35c
2,400
75c
Mar
19%
260
15% Mar
21
July
16,000
5%c Mar
UC
6c
7c
1.70
1,650
1.15 Aug
10'/«c 11 %c
24,015
*
lie
5
Porcupine
*
_
1
__
5
4%
100
30c 33 %c
30c
140
14,835
11.2U0
'
5,000
7c
7c
1.500
7c
15,600
38c
•
__
22%
22%
22%
745
46%
46%
46 %
70
85
Aug
Sep
42 %
48
Sep
3.00 Aug
5c
4.35
1
Feb
12c
Jan
Sep
17c
Jan
Mar
67 %C
Sep
20 %
Feb
23%
44% Mar
--50c
11%
11%
125
2.23
2.11
2.38
26,480
15%
15%
15%
15%
15%
6.85
6.95
200
30c
30c
32c
4,800
12
12
50
30c
30c
32c
12,050
9%
9%
10
232
—
_
8 %
8%
300
26%
28
470
22%
--
_
49
•
common
1
—
Feb
10
Feb
Jun
July
Mining
Ltd
common
5
Miller
Mines
1
Silverwood
Dairies
class
•
A
♦
Class B
_
_
t
-
Class
Sep
6%
Jun
54c
Mar
2ac
Jan
11%
Sep
B
21%
21 %
-.10#
99'%
3.20
275
11'/4 Mar
16%
170
11% Mar
16
6.50
Gold
39c
...
36c
8.50
July
30c
Apr
Jun
Mav
Feb
Sep
Feb
Apr
9
20c
70c
16%
Jun
48c
Jan
9 % July
12%
Jan
8%
11%
Feb
31
Jun
26
Jun
July
Sep
24
Mar
591
39c
18
Mar
140
99 % 100V4
1
__
Preferred
Siscoe
27
•
11% July
1.43 Mar
Jan
3
6.10 Mar
1.40
1.70
_
Works
45
4.10
5%c
10c
Power-
&
__
_
Simpson's Ltd class A
Milton
High
Aug
44c 46 %c
45c
Gordon
Sllanco
35c
_
__
80
Feb
Jun
18%
5
_
•
Mills
Mercury
44
85
3.65
1
Breweries
8c
9,700
11c
__
Low
84%
5 %e
*T-
3.^o
—-J
Voting trust certificates
Sigma Mines (Quebec)
Silknit
McWatters
84''4
___.1
Winnipeg Brewery A
l%c
500
10c
10 %c
.1
__
Ltd
Mines
Sherritt
Sick's
Mclntyre
Range Since January 1
High
July
13%
32c 32 %c
—
—
Mines
y4
84
Rouyn Ltd
Snawtntgan
May
Feb
12%
12 %c 12 %c
13%.
*
new
Gold
River
Senator
Jan
9%
7% July
91%
_
.
McDougall-Segur
99
new
Gold
Antonio
Preferred
MrColl-Frontenac
Low
Shares
May
100
of Prices
Paper—
preferred
2nd preferred
Ran
July
225
18%
8%
*
27%
18%
•'
_______
A_
1st
May
4%c
Lawrence
Sand
22
Sales
for Week
Sale Price
Par
St
Sep
Sep
3c
STOCKS—
High
15
Mar
10c
'yy-yi
Week's
Last
26%
McBrine
1
Range Since January 1
3%c
10c
■
*
common
MARKETS
OCTOBER
Friday
Shares
'
Low
Par
Leaf
Maple
ENDED
for Week
of Prices
LISTED
WEEK
FOR
(1397)
Sales
Last
Sale Price
STOCKS-
FINANCIAL, CHRONICLE
96
Mar
101%
Jan
34c
Mar
55c
Apr
:
i J"
4.300
j
,
j
!
May
Sladen
Montreal
-Moore
0
Locomotive
Corp
__
Preferred
—
Mylamaque
25
—
_
ii
Mines
14
Mar
72%
280
65
Feb
26%
26%
250
25
Mar
9c
26%
1
.
615
10c
3,000
9c
Apr
10c
4,000
Malartic
18% May
Slater Co
76
Apr
Southam
27
1N1
_
...
preferred
9c
1
Breweries
National Drug preferred
National
Grocers
■:
_
...
Jun
Feb
Stadacona
..
37c
Prelerred
Jun
38%
Apr
45
Jun
Standard
11%
25
10% May
13
Jun
14%
245
13% May
16
Jan
Starratt
29
—
National
Steel
Negus
*
Car
.
Mines
Neilsons
_25c
_
•
-_
iWm)
preferred
i
29%
280
27%
30
Jun
Steel
Apr
25c
25C
500
18c
22%
22
22%
545
18% Mar
2.15
2.10
2.25
3.875
1.91 Mar
103
102'%
103
105
5c
5c
4,500
1.60
1.55
1.63
13,600
100
—
Mar
Bidlama'que
Calumet,
New
_1
_
Mines
1
Jason
Paving
Co
100%
2%c Mar'
75c
Gold.
New
Norzone
New
Paculta
New
Nib
Rouyn
Norgold
Merger
_i
Inlet
21,703
31%cJuly
60c
Sep
19c
5,455
15%C Aug
31c
Jan
Taylor
__
..
__
....
_
_
Gold
Mines..
Taku
Oil
__
__
Gold
Ltd
Jan
500
25c
27
27 %
120
23% Marv
5
5
365
2.53
2.50
2.53
6,245
♦
_
common
....
_
_
61c
Jan
29%
Jun
Aug
5'4
Jan
2.35 July
3.50
Jan
Feb
Sep
4 %
1
7c
6%c
7c
8.000
5c
July
21C
Jan
8c
July
60c
60c
2,405
55c
Sep
80c
Jun
Mar
27c
5%c
5%c
5%c
500
5%c
Sep
12%C
Jan
81c
83c
7,100
79c
July
11%
11 y*
100
10
Mar
172
Sep
1.15
52'.
100
1.04
43
4,161
2
13 %c
2 %c
2,000
2.60
2.73
12,477
2c
.
52%
:
Gold
May
5%C
14.000
4c
Jun
10c
__.
Mines
General
Jan
—
Mortgage
class
Apr
10c
48c
5%
5%
6
1,125
5%
300
1.75
Union
i
■
175
Aug
11
100
10%
Jan
12
Jun
100
5
98%
Sep
108
6%c
8c
1,000
6c
39c
39c
2,300
35c
Mar
v
7 %
8%
5,430
7
Aug
r
Feb
•
——
'
•
—
•
Gas
1.70
1.76
3,225
United
Fuel
United
Keno
1.40 Mar
Jan
United
Oils
2.20
50c
50c
52c
4,500
50c.
Sep
90c
1.22
1.45
12,100
92c
Jan
1.84 May
17c 21 %c
40,500
10c
Mai-
1.000
3c
July
5e
July
21c
4c
7c
8c
4%
4%
A-':
9c
9c
4C
8c
30,500
5
1.340
4%
9c
4.POO
5c
United
May
24c
...
_
...
__
16C
Waite
Jan
C%c
500
6c
Aug
18 %c
65c
14,600
50c
Mar
1.15
15%
15c
1.65
1.36
1.67
38
36%
38
425
1.20
1.15
1.20
4,190
5c
5c
1.000
2 %C
2 %C
1,000
•
—
1
—
1
—
__
*
Amulet
(G
(Hiram)
-_I
—
Western
_
16,000
.
14%C July
31,100
..
80c
Mar
70c
Feb
1.67
Grocers
28
Feb
39%
Jun
1.06
Apr
1.55
Corp
Metals
...
..._1
_
Dome
4c
Aug
7%c
Jan
1
3c
May
%c July
(Geo>
Mines
Preferred
class
_
15c
6%
7
390
5% Mar
8 %
1.64
2,900
1.5C July
2.35
5.75
6.00
1,400
5.15 Mar
7.20
22c
1.000
8.65
9.00
4,2J5
26%
25%
26 %
4,106
13c
2.100
33%
33%
34
3ol
22 %
22%
52
21
31
31
50
24% Sep
Wingait Gold
22c
36c
Sep
Jan
4.60
24
9.45
Sep
Apr
Jan
May
Jan
Feb
May
Aug
31% May
Mar
9r
IP Vic Mar
Aug
26%
Feb
;
'■
Apr
82c
Feb
Wright-Hargreaves
26
26%
230
25%
Jan
28
34%
Sep
..40
Aug
1.80 Aug
Mines
Yellowknife
2.30
Jan
Yrnir
Yankee
3.50
Feb
York
Knitting
44%
44
44%
1,005
37
60c
60c
60C
1,100
50c
Mar
88c
63C
500
50c
Aug
72c
Feb
14
14%
870
11
53
53
10
12%
12
13
1.170
1.53
1.50
1.53
5c
^
—
7"
5c
1,000
10%
1.085
51
/
53
40
July
Feb
56c
Class
Jan
Feb
Apr
70
10%
Feb
17% May
6%c
27%
Jail
Jan
12c
Feb
Aug
lie
Mar
Feb
2814 July
5c
Mar
5c
20%
20
95
Apr
100
Apr
75
19
Aug
24
Jan
2.47
4.56C
23c
23c
1.500
18C
Jun
40c
Feb
61c
63 c
3.520
55c
Aug
81c
May
5c
5c
1.000
3%c Aug
6%
6 %
100
2%
-
20
2.40
2%
300
98
■
—
98
20
2.43
—
1
__
.
23c
.1
Mines
0
Girl
___
•
V '
a
class A
.
#
B
2.90
2.25 July
Jan
9
Jan
5% Aug-
814
Jau
2%
4%
Jan
Sep
•2.10
Exchange-Curb Section
Canadian
Jan
Week's
Sales
Range
for Week
Sale Price
11
STOCKS—
8%c Mar"™"
Apr
Funds
Last
of Prices
Friday
....
Sep
Sep
12,500
1,540
6c
26
5
Toronto Stock
fee
451. :
9.000
6%c
Feb
.
9
/:
7 %c
27%
—
17% Mav
1.50 July
6%c
28
101%
45% July
50
4,800
10
——
—
'
2.30 Aug
—
..
Bear
Jan
63c
14%
Jan
3614 May
Feo
1
Combing
Feb
16 %c
100
—
33%
97% Mar
33
Jan
.25
;».
May
4,600
37c
22
140
-100
65c
9,110
220
99%
•
July
25 >/4
99%
33
Preierred
1,600
4c
32
24 %
1
70c
9,167
90
%
24
*
Wool
2.19
Aug
99 %
•
100
common
Jan
5%C
.
_
.
Feb
2.07
A
_
46c
5 %c
e
Wiltsey-Coghlan
20c
46c
--10
.....
;
1.59
100
..
_
_
Jun
2.35
—1
com
.
7%c July
...
_
com
Preferred
Mar
44c
1
Purity Flour Mills
7,600
8.90
.
—
10c
.100
_
11c
Jan
2.35
1
*
_
—
common
Western Grocers
Oct
46c
1
....
certificates
Premier Trust
9%C
10C
_
.
Preferred
33c
1
•
Gold
1.95
22c
*
2,700
2.10
1
_
17%
1.15 Mar
7
•
W)
&
—
24.000
5 % c
-__i
Gold
_
13% Mar
Consolidated
Products
Yellorex
Gold
16
19,250
1
12 %c
■
—
Porcupine
135
300
1.55
6.00
_
«
70c
lie
a
Engravers
Pickle Crow Gold Mines
_
_
35c 35 %c
1
.
_
21
17%
1.34
1.62
•
_
10 % C
—1
_
Jun
21
16%
-25
-
_
•
Ltd
Wekusko
Jan
18c
...
_
Jan
Feb
61c
„
...
pfd
Ofls-™_-ii
Walker
n%c Sep
6%c
•
.
Jan
10
25
'
Jan
10%
:
1
i
_
Apr
63c
1.55
_
B
Hill
Steel
Ventures
Jan
__1
—
_
Jan
12c
July
lie
class
Upper Canada Mines
Sep
7%c
Oct
Mar
8%
*
Corp class B
Sep
6%
6
Apr
1.42
—1
Tubes
East
18
11
100
172
:
1
Resources
July
3% Mai-
5%
—1
trust
172
11
50
-
...
Exploration
Transcontinental
Aug
.1
Mines
River
.
Sep
Jan
'!—
*
...
87c
1214
.
Jan
Apr
•
Reef
,„100
A
...
83e
-
Trusts.-
Iron
Toronto
1
—
Elevators
Toronto
■},
1
...
.
s
Silver
Toronto
Aug
_
._
Gold
Toronto
Jan
4c
3.05
Mines—
Mines
TorOrit
Sep
24c
Aug
July
1.50 Mar
Gold
Tombill
1.50 May
Apr
Mar
10 %c
1,500
Toburn
Sep
4c
Gold
Mica
Jan
1.99
July
Thurbois
14c
1
Purdy
19c
May
Jan
5,000
Pen-Rey Gold Mines
Preston
25c
9c
1.25
Par
Low
Sep
54%
Mar
Quebec
Labrador
1
67C
73c
7.650
55c
Mar
90c
Feb
Quebec
Manitou
1
70c
75c
5,400
52c
Mat-
90c
Aug
42c 42 %c
2.260
39c
July
10% Mar
86c
Brown
Co
High
Low
*
25%
75
25
Sep
30
Pulp & Paper com.."
112
112
25
72
Mar
135
4
4 %
920
103% 106%
690
80
20
295
15%
—
Columbia
Range Since January I
High
25
Asbestos Corp
British
Shares
1
4%
100
1041/2
May
Jun-
Feb
614
Mar
3%
1151/a
Jun
i.20
Jun
Jan
Jan
Queenston
Quemont
Gold
*
Mining
_
15
14%
15%
6,758
15% May
Preferred
Canada
and Dominion Sugar
Canadian
Reeves
Macdonald
Regcourt
Gold
Renabie
__1
...
__
.....
...
Mines
_
—
1.80
5%c
2.25
2.25
100
5c
5c
500
6c
July
13c
Jan
11c 14%c
10,900
13c
Aug
28c
Feb
28
28
45
28
Sep
33%
Jun
12
1
1.90
5 %c
1
12
50
11
Apt-
13
.
750
4,000
1.02
4c
2.25
Feb
Apr
Sep
2.15 May
9c
Jan
Gold
Richmac
_________
Gold
_73o
_
(1936)
Riverside
Silk
Robinson
(Little)
class
lie
a
Cotton
Robinson
1
—
A
a
<
12
3.00
Long
Rochette
class
a
A
...
Lac _—_2______
Gold
__
.
—
1
.
15
15
15
14
Apr
3%C
2,000
3%C
Oct
8c
Jan
11c
__
15
3%c
1
Canadian
Marconi
Vickers
Roxana
Oils
Royal Bank
Royalite
Co
_
__
11c
1,000
9c
Apr
17c
May
a
—
Roybar Chibougamau
Rupunum Mines
Russell
Industries
31c
38c
22
•
25.950
25
420
19%
22
1,313
5c
1
39c
24 N,
24%
_
Oil
5c
2,000
23c
Aug
23% Mar
1G
5c
Feb
Aug
7%'C
8c
4,300
*
1714
17
I71/4
1,410
13
Feb
100
102
102
102
775
101
Feb
141/4
14V4
14 14
100
l
common
Canadian
Disher
5c
Mar
St
Lawrence
For
2nd
footnotes
pfd
see
new—^ —1
page
42.
MVi Aug
1
Lumber
a
200
48
Sep
31
25
28% Mar
35
July
21V4
50
19% Mar
24%
1.80
35
Mar
Donnacona
Jan
International
18%
4
3,500
3
July
Apr
43'/a
Jun
Mar
1.50
189'/a
Apr
20%
134
4% May
21% Mav
4.156
1434 Mar
7.615
33 %c Mar
6
109
2% May
0
21
21
100
3.35
3.00
3.40
3,600
24
25%
325
20
•
61 %
60%
62%
3,535
46
:—100
51
51
51
25
45
•
23%
2314
24
1,575
20
——*
23%
23%
23%
50
1—1
4.35
4.15
4.35
4,770
40c
40c
125
•
19 %
Sep
Feb
3 Va
45c
Hayes Steel
Oct
19%
320
440
60c
6
2.60
Jan
Sep
23'/4
Jun
Jan
4.10
2014 Mar
Jan
Jan
Jan
3%
400
38
187
5
Oil
22
31s
45c
—„—
Paper
49c
185
35c
"
common
25%
38
186
*
Paper
Oil
Steel
--
*
100
—
Western
Dalhousie
-
16C
23c
19
Mar
103%
15 %
&
Jan
May
Sep
Sep
"
Paoer
common
Langley's Ltd preferred
Minnesota
Ogilvie
Pend
Saguenay Power preferred
48
31
21 %
48
31
1
common..—
Preferred
Foothills
•
*
Jun
Consolidated
Roche
*
com
Apr
1.80
*
Bronze
Canadian Fairbank's Morse
Canadian Industries common
Canadian
Reno
1914
*
Apr
16% May
common
Flour
Ontario Paper
common
Oreille
Southmount
Southwest
1__
-—
Investment
Petroleum
*
—--
30c
35c
5,500
23%
2.25
34
Fe"b
Apr
70%
Jun
Apr
61
Jun
Feb
28
May
28
May
Mar
•
Oct
4.80
Feb
37c
Jan
26c
Feb
.
f
Jan
46c
22,250
_y__
Paymaster Cons Mines
Pressed
1,500
2,860
5
____
__
common.
Winnipeg Electric
Power
10c
1.36
Jan
2.05
Sep
3bc
_
.
Malartic
Royn
__
Apr
2.40
Mar
4%c
»
Cadillac
Voting
/
12C
Sep
Jun
22c
5c
•
Porcupine Mines Ltd
Powell
/v.
10c
25c
1
1.32
'
—_
...
*
1 Pearson 1
Weston
Powell
__
4c
1.68 Mar
99c
2.000
13c
__
Page Hershey
Porcupine
6, (.40 "
23c
31c
Mines
Pioneer
7.350
1.40
4
49c
2%c
—
2.68
1
Lake
Piccadilly
1.84
1.30
Sep
4%c
Petroleum
Photo
2-000
1.78
1.36
26c
1.15
*
Exploration
Lake
Perron
—
__
Mines
Westeel
Partanen
_
%C
1.80
1
_
_
6,300
31c
_
Gold
Pandora
...
_
_
4c
1
_
Mines
27c
50 Va
•
Orange Crush
Pamour
,
26c
5i»;
i
Sep
26 %c
4%C
common
Gold
Pacific
Oct.
83
•
I
_
Malartic
Oslsko
81
Mar
Thotnpson-Lundmark Gold Mines
—1
_
_
Oils
Osulake
Feb
72
Apr
5%
Red
67
10
*
__
River
Vulcan
Orlac
109
82
*
Gold
Omnitrans
81
82
__
94C
July
33c
4c
.
! '
4.850
Sep
3,000
|!
(|
80c
79%
HI
^
Apr
7c
64,508
__1
_
Oge.ma-Rockland
Orenada
60c
8% Mav
10
29.000
27c
•
O'Brien Gold Mines
Omega
Sep
9c
.
O'Leary
Feb
8%
Teck-Hughes
5%c
Preferred
Okalta
4 %
25
8% May
5% Mar
125
Jan
22c
j
i
Jan
28c
5%c
.1
Mines
Star
»
#
-
68c
Jun
25c
„_1
_
>'•!
'!
July
1.56 May
Mai-
150
8%
76c
__
„-25
United
North
20
1.18 Mar
12c
5%c
5
Mining
Inca
17% Mai49c
27,500
•
Malartic
Norseman
common
Mines
Gold
Towagmac
North
.1
6
966
16c
4c
•
Mines
Nnrpirk
35
2,200
'
6%
5%
8%
_
Iron
Cons
Sylvanite
57c
1
Mines
Nurmetal
f..
>
7c
9c
Mines
Norbenite
Jan
22c
Oils
Minns
Niplssing
Noranua.
Jan
48%
14c
Yellowknife
Nicholson
39c
Jun
1.73 Aug
17c
17C
18
i
6%
*
______
Mining
Sullivan
Feb
6c
Mar
6%
_
-
Canada
of
Rock
Steep
Jun
103%
Apr
Steeloy
Feb
2.99
5oc
Marlon
53c
♦
common.
common
Gold
Olsen
Tamblyn
New
Sep
45
Jan
33c
26% May
•Sur]
New
New
1.40
53c
—
Stanley Brock class A
Preferred
Petroleum
25c
Mar
10c
10
11 %
20
National
18
1.35
♦
_
41%
10c
*
common
50
18
___
Mines
41%
41%
.5
...
1.700
48
1.40
•
Springer Sturgeon
15c
_
14%
*
com
26c
48
_
«
Co
Standard Chemical
Nationall
25c
50
—
•
__
Lac
16%
71%
*
common
Mosher Long
14%
16%
j
!■
)
1
-
Apr
42c
Jun
60c
May
■'
?
42
(1398)
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Y
Monday, October 4, 1948
II
OVER-THE-COUNTER SECURITIES
Quotations for Friday
October
1
Investing Companies
Mutual Funds—
Par
Bid
Ask
Obligations Of Government Agencies
Mutual Funds—
Par
Bid
Figures after decimal point represent
Ask
one
or
32nds
more
of
a
point
'
Sescuritles
Aeronautical
Affiliated
Amerex
Fund
1
Associated
.10
Beneficial
Inv
Boston
Tr
9%
Electrical Equipment shares-lo
General Industries shares..lo
8.07
Home
—5
14.83
16.12
1
45/8
1
98.36
18.99
20.53
1
3.53
lo
3.94
4.46
lo
4.36
Steel
Furnishings shares
shares
shares
Street
Invest
?anadfanFUInv
8.19
15.96
Manhattan Bond
Fund Ino__10o
com__100 2,830
--1
Fund
Dividend
14.11
8.69
I -"l
Inc"
Fund
Inc
sfries
Bond
Serle«—
6.69
10
Fund—-1
Fundamental Investors Inc..—2
Fundamental Trust shares A..2
Corp
Boston
First
...
First Mutual Trust
Income
Series__
4.47
3.29
Capital ^orp.
General Investors Trust..
Selected Group Series
Low Priced Com Stock
„
6.10
1
Series 1
5.17 1
york
.lo"
AvIrHoi?
3—lo
.
-
9.06
9.93
j
6.24
6.58
7.21
9.60
1
8.25
8.12
Merchandising
1
9.40
5.03
9.93
8.60
shares
lc
^e.07
6.59
shares
shares.-
lc
lc
7.14
7.75
5.33
5.79
Bank
Petroleum
4.60
Putnam
lc
5.05
5.49
Republic
5.20
5.65
Russell Berg
4.36
4.01
4.96
4.34 %+
4.69
__10c
1.63^"^ 1.67
5
Ltd—
^
shares
21.81-
23.58
of
Trust
73c
lc
Investors
3-
1-49
bl.60
1.40%
1-48
4-
1-49
bl.60
1.45%
1-48
bl.60
1.40%
3-
12-
1-48
4-
1-48
1-
3-49
•bl.60
1.40%
1.65%
1-48
2-
1-49
bl.60
1.40%
1.65%
7.01
7.68
Bid
8.62
9.45
Oct.
7.
9.71
10.64
Oct.
14,
1948
21. 1948
1948
(Investment
Standard
State
Inc__10c
Co
Investment
Union Bond
Series
Corp.*
Fund
series
25c
A——1
B
Series
C
1
—
17.61
"7.44
Bank
18.74
of
the
United
Shares—
9.54
Wall Street Investing Corp
1
Wellington Fund
1
Whitehall Fund Inc
—1
9.32
9.51
16.61
18.13
15.56
16.73
:
Stks)_l
11.83
12.91
4.68
5.11
5.05
5.54
Fund—•
X93.42
95.33
Series
Sayles Second Fund__10
X44.42
45.33
Series 1956
10
:
.
10.37
Trust
15.99
17.45
23.67
27.76
Corn
Diversified
Series
Trustee
Insurance
Life—.xt
E
2.80
7.55
2.I5-
2.45
1
Par
Home
Bid
5
28
42%
44%
Insur Co of North America
10
100
104
50%
Jersey Insurance
20
38
13 %
14 %
45%
21%
23'A
26 %
21%
common
1
$2.10 Prior preferred
10
$1.05 Convertible preferred_5
41%
Casualty
11
Massachusetts
American
Equitable
Assur. —.9
17
19
Merchant
American
Fidelity &
Casualty_5
12%
13%
American of Newark
-2%
16
17%
American
...10
27%
29%
9
Re-Insurance
Reserve
American
Surety..
—
5%
6%
25%
27%
10
43 %
32%
34%
27
40%
43%
National Union Fire
77
57%
Amsterdam
Casualty
Hampshire
Fire
New
York
2
10
82
55%
New
New
North
Fire
5
19
20%
83
Northern
..10
10
50%
•
...10
Federal
...
33
Fireman's
Phila
Fund
of
10
32
67
34
%
12.50
76
53%
Pacific
Fire
25
Indemnity Co
10
48pA
10
77
Phoenix
70%
Preferred Accident
56%
Providence-Washington
—20
138
57
60
Frisco.. —10
70%
72%
5
14%
19%
22
43
45
Firemen's of Newark
(N Y)
St Paul Fire & Marine
'
Globe
ft
Republic..
Globe ft Rutgers Fire
9
15
com.
2nd
preferred
—15
Great
f
42%
24 %
53
55
Public Nat'I
"=■> 78%
-75%
14
15
Title
10
30
32
United
30
25
American
5
8%
9%
19%
22%
70
Seaboard
1Q5
Trust
45
20
47
51
100
209
53/
215
12%
83%
86"%"
Trust_17V4
&
' 38%
25
39%
4l"%
25
40/%
& Lt
3Vis
1978
Guarantee
States
Ask
100%
76
3s
series
79
—1978
Ashland
102
1967
96
—
102%
&
Lt
Par
Oil
ft
conv
•
Kansas
SVi.—1978
100%
City
Power
&
&
Nashville
Bid
Ask
23
23%
pfd.100
89%
91
Light—
preferred
100
94
pfd_100
99
94%
101%
Kentucky Utilities 4%%
Louisville
10%
585
Refining
preferred
Florida Pow & Lt 4%%
97
4%
Pow
9%
555
Co—
N
Cudahy Packing 2%s
Louisiana
12
100
Stocks—
100%
$1.20
Commonwealth Eidson
Trust
&
Trust
Security Issues
Bid
•
Arkansas Pow
Narragansett
Elec
3%s_2003
96%
100%
101%
4 % %
101%
N Y State
101'
97%
—1978
3s
New England Power 3s
—1978
OO
Ohio
—1978
101
ft"-.
4.50%
Power
Pacific Pwr
3s
31%
33%
5%
5y8
91
92%
100
preferred
4.80%
States
Pwr
103
104%
(Minn.) —
«
preferred
1977
100
101
San
Diego Gas & El 3s
Southern
California
3s series
.
1978
.
..
101
101%
West Penn
1973
Power
3s
101 %
1978
Power
3s
1978
103
105
103
105
pfd
Public Service
(Indiana)
of
—
76
79
Mexico_7
14%
15%
Tennessee Gas Transm's'n Co—
4%% preferred
,_100
93%
95
12%
12%
Service
New
101%
101
101%
Texas Eastern
Wise-Michigan
5 % %
Public
.
Edison—
B
Gas & El
100
.100
£ Light 3 Y*a.
3%
2
100
Electric Si Gas—
101%
Okla
80
10
preferred
Northern
51%
3%
30%
31%
28
30
108
Fire
—10
Hartford
Steamboiler
—10
31%
27
29
12%
76
100%
101%
Transmission
•
10
Standard Accident
Travelers
111
33%
U
S
Fidelity ft Guaranty Co
Fire
U S Guarantee
Westchester Firel—
Tucker
Corp
"A"
79
47
50
10
28
30
10
42
44
10
31%
33%
74
—10
Hartford
10
Surity
Security (Ndw Haven)
Springfield Fire & Marine
U S
Hanover Fire
'
16%
1,470
Co
Sterling National
10
Fiduciary
*
15%
Inc
Co
Bank
28
10
City Bank
Yprk Trust
New
279
1001,430
National
50
—
fj" P)
Ask
1,325"
14%
General Reinsurance Corp...—10
Glens
Falls—
3
Reinsurance Corp
Republic (Texas)
100
81
5
144
...10
Fidelity ft Deposit of Md__.
40%
23%
7l/4
52%
31
23%
6'A
Pacific
—
Employees Group Assoc
Employers Reinsurance—
&
14
21%
5
Northeastern
80
,—
12%
2.50
River
9
Life.. __10
Inc
Trust
Morgan
29
61%
__25
Casualty
Manufacturers
> 42%
"
Bid
270
45%
5
59%
38
rf-/
,
New England Gas & Elec—
25
10
General
36%
40%
27%
4
-
23%
35
25%
(Detroit)—10
21%
Boston
Fire
5
Merchants & Mfrs
—10
—10
Shippers
5
Assur
National Causalty
National Fire___
.
Automobile
Bonding
Fire
100
34%
Exchange Bank ft Trust_20
28 V2
4
-
20%
1.08%
—.1001,265
Irving Trust
Kings County Trust
Lawyers Trust
85 %
47%
-10
N Y
■:
Industrial Bank of Commerce_10
;/
67
of
Bank
Trust
88 %
-
Federation Bank ft Trust
42
63
Maryland Casualty
Automobile
-'41 %
104
National
Guaranty
29 %
48%
American
American
Ask
10
Alliance
1Q0
Recent
Ask
*
1.07%
2.46
-10
.
1.06%
bl.ll
bl .12
1948
1948_i__
3.40
1
1955
6.57
1
Independence Trust Shares
North Amer Trust Shares—
Co
Empire Trust
Share*—
29
—
...—
Agricultural
30,
10'
Continental Bank & Trust
TIPe Trusts—
First
313
National Bank &
Bonds—
Aetna
1.06%
bl.ll
_
Par
26%
39 %
100
Insurance Companies
Aetna
1.06%
bill
_
Ask
298
21.69
78%
23,
...
1948
20
Commercial
Fund
Bid
25
100
Central Hanover Bank & Trust 20
Chase National Bank
15
Chemical Bank ft Trust
10
10.12
8-4 (Low Priced com Stks)—1
Knickerbocker Fund—
1
of
bill
1948.
16.
1.04%
City Banks & Trust Cos.
Oo__ 10
Bankers Trust
17.90
74%
Dec.
-
25.67
Income
Manhattan
Brooklyn Trust
__
9.27
Bid
Dec.
1.03%
9.
Ask
bl.10
bl.10 /1.04%
Bank of New York
"
—
16.40
15.40
Par
Dec.
bl.10
1948
1948..
23.53
14.11
Casualty ft Surety.. —10
Dec.
1.00%
1.03%
New York
85c
76c
1
Stocks)—1
Mutual
0.98%
bl.09
bl.10
,
—
83c
21.13
Union Common Stock Fund:
(Income
com
12,
18,
28.50
25.44
(Appreciation
Nov
27.26
(Income pfd Stocks).
1
(Appreciation pfd Stks)_l
(Quality common Stks)_l
Assn
Nov. 26, 1948
Dec. 2, 1948
48.75
5.97
K-l
com
Nov.
19.28
1
Fire
Bid
0.98%
6.66
75C
1
1
Crum ft Forster
Treasury Bills
Ask
20%
45.75
\
1
Continental
1.50%
1.55%
bl.09
1948
6.08
Union Preferred Stock Fund
;
1.45%
bl.65
bl.65
0.95%
Par
Bonds):
Camden
bl.60
1-49
1-49
bl.09
1948
4,
Inc—
Trusteed Industry Shares
1
28,
Nov.
to
Invest
Street
Bonds)
Priced
Connecticut
2-49
67-
/
19%
1
Utilities
changed
(Medium Grade Bds)
ft
5-
1-48
1-48
S
Sovereign Investors
(Low
Bankers
2-48
910-
10.65
(Speculative
American
Due
48.85
Inc
14.18
Bonds)
Oct.
•
Fund
B-3
American
8-
•'
Wi
bl.09
15.77
14.67
Selected Amer Shares—^—-2%
Shareholders Trust of Boston—1
B-4
''
1.55%
United States
2.18
7.66
Aetna
Dated
5-
6.37
27.47
14.12
Loom is
1-48
7-
6.60
2.72
28.16
6.99
Loomis Sayies
6-
1.55%
Rate
1.55%
25
Fund
Fund Inc
12.94
13.82
8-3
5.81
6.02
1
25.91
1
8-2
1.55%
1.35%
9.52
5
Fund
1
Keystone Custodian Funds—p.
8-1
Ask
1.35%
bl.60
1.05
95c
Investors Management Fund
K-2
Bid
bl.60
12.56
25.55
9.13
81c
Trading
lc
America
of
8.32
lc
1
B-2
&
(Geo)
Name
Boston
B-l
Ask
1-48
1-48
Due
17.90
11.46
1
!
lc
shares
Insurance Group shares
Stock and Bond Group
Investment
8.69
.1
5.39
—1
Investors
Shares
Co
Bid
11-
11-
Scudder, Stevens & Clark
lc
^lc
Inc^
Group
Investment
—_
1-48
Oct.
2.69
4.23
Fund
Group
1949
1,
2-48
1.55%
8.43
2.46
Standard
Aviation
Dated
1
Tobacco
7.77
■
.
Oct.
.0140
2-
1
<
lc
Incorporated
'
;
lc
shares.
Institutional
.0135
6-
1.55%
13.02
16.33
____
lc
Income Foundation Fund
•.
1
Oils
1
Pacific Coast Invest Fund—1
Public Utility
1
Railroad
1
Railroad-equipment
1
lc
stock shares
Plan
11.88
Metals
shares—
shares
Utility
y.
...1
shares
shares
shares
Tobacco
Howe
1,
11 %
100.0062
10.30
4.63
7.93
Railroad
Indebtedness—
1948 Series J—
11.38
9.46
Steel
.0071
Mar.
11.00
10.38
shares.lc
Bond
99.9989
8.90
10.04
7.65
Railroad
1,
Rate
11.26
1
7.05
RR Equipment
1949
1.55%
11.58
10.61
1
1
lc
Institutional bond shares—lc
Petroleum
1,
1.45%
9.04
10.57
1
series
Electricial equipment
Insurance stock
Machinery —.
7.93
Mining
Feb.
Federal Intermediate Credit Bank Debentures
6.84
1
bond
Diversified Industry
-
8.33
Merchandising
tl'/as
10.52
stQck
Building supply
8.30
6.45 '/■•
10.99
7.31
Priced
.0805
.0296
Diversified preferred stock_l
7.68
Low
.0120
100.0510
3.87
6.03
lc
Company
100.0054
1%%
100.0098
Us Oct.
11.82
Administered shares__lc
Investing
1949
tl%S
Certificates of
11.61
7.65
5.94
10.14
Industrial Machinery shares
1,
15.56
10.79
shares---
shares
Ask
tl'/aS Jan.
4.00
3.54
10.59
Fully
bond
Bid /•
.0133
.9611
Diversified Investment Fund.l
Food
General
///..;
Indebtedness—
100.0059
.0292
g 4g
lc
lc
sharesIII.I-
j/,v;//
of
1%%
100.0096
7.11
lc
shares
Building
Chemical
Maturity—
Certificates
1949
*9571
1
Chemical
5.55
Electrical Equipment shares
Price
Ask
6.67
3.66
- Banfe
554
Bid
99.9993
6.55
shares
119 Va
99.9424
&
shares
.ha res
Agricultural
118%
1981
99.9484
.i
Corporate
^
100.3
.
gtQc
Aviation
.
100.2
1949
1949
Agriculture
1.3
^6.^
1949_.
15,
s Apr.
1, 1949
U'/aS June 1, 1949
UVaS July 1, 1949
Automobile
5.91
517
1
Ngw
29/4
^5.69
General
22,
Sept.
11 Va
5.72
l
Series
1.
tApril 1, 1950
3.60
5.23
Int. Rate
4.89
1
Series
Industrial Stock
IJan
7.51
1
speculative
1.99
July
1%S
Treasury Notes—
7.04
6.87
16.55
3.95
1.82
27 a
5.31
13.JO
Industrial Fund Inc 1
Financial
100
100.1
1.65s
100.24
Dollar
7.31
6.44
25 45
15-48
3.79
20c
100.12
U. S. Certificates of Indebtedness
Maturity-
14.51
Fmid
100.2
9.39
Invest
Stock Series
StocknCFund
WnnitS
100.4
100
Panama Canal 3s
15.32
1.57
0
Ask
100.1
Other Issue/
14,21
I5.bf
1.43
25c
Shares
1
Howard—
ft
98.16
Bid
1949
1949
12.29
TT
Baton
20,
15.
27.30
11.37
6.05
14.34
Jan.
1% s.Apr.
8.19
25.25
2,930
^o^monw^^^Investmentll^-l **5.55
Delaware
7.47
1
1
"So
"iljo
98.4
—
4.34
13.23
17.25
1, 1955-1953
l%s
V
Banks—
4.81
Mass Investors Trust
Mass Investors 2d Fund
8.20
5
Fund^'ud"""!
Securities
Christiana
10c
Corp
97.28
Loan
4.92
•
Mutual
Bowling Green Fund Inc
Broad
99.28
-■) 97.16
1952-1950
1953-1951
Home
3.89
lo
Federal
4.27
lo
Ask
99.20
1,
1,
2%s Feb.
4.43
Bid
1950-1948
1%5 May
l%s Jan.
4.63
3.87
Petroleum
51/8
94.43
4.02
4.20
lo
None-Ferrous Metals
Paper shares
3%
3
*
l%s Oct. 1,
4.22
3.55
9
Inc
Fund
3.83
3.22
7.47
America
Federal Land Bank Bonds—
3.87
lo
1
Corp
of
3.51
lo
Drug shares
2
Corp
Holdings
Bond
shares
Business Equipment shares-lo
4.15
Inc.
Axe-Houghton Fund B
Blair
Automobile
25%
3.78
A
Fund
'
Managed Funds—
4.17
23%
1
''
5.46
Oilstocks
Standard
series
Shares
3.81
Shares
Business
Axe-Houghton
4.97
IV*
Inc
Holding Corp
American
'
a
Odd
included
change.
dividend.
100
597
622
x
2
46%
48%
4
50
Ex
lot
in
n
sale
year's
(not
included
range),
e
in
year's range).
Ex-interest. ; f Flat
Admitted to trading N. Y. Curb.
(Un) Admitted
dividend,
y
to
Ex-rights.
Unlisted
2 Ex-stock
r
b Big yield price,
price,
Cash
-Trading
1
sales
k Admitted
(not
privileges,
d Deferred
to
included
wd When
listing
in
3
3%
delivery sales
on
N.
Y.
year's range),
delivered,
%
Stock
(pot
Ex¬
t Ex-stoCk
wi When
issued,
dividend.
53
10
70%
75%
2.50
32%
34%
*No
dividend
par
paid
value,
on
tin
May
default.
10.
iThese
bonds,
are
subject
to
all
Federal
-
taxes.
"tlEx
$40
cash
Volume
168
Number
4739
THE
-COMMERCIAL ,&
FINANCIAL
CHRONICLE
(1399)
THE COURSE OF BANK CLEARINGS
Week Ended
r
Bank
clearings this
will show
week
Preliminary figures compiled by
cities of the country, indicate
us,
Increase
an
based
compared
with
a
year
ago.
Third
telegraphic advices from the ichief
upon
that for the week ended Saturday,
inary total
stands at
those of the corresponding
$14,886,688,985
At this center there
1947.
parative
is
last year.
week
against;:$14,739,358,698 for the
of 4.4%.
for the week Hollows:
summary
week
1,208.597
Our
9.5
976,756
588,006
—19.6
+
592,900
567,653
3,340,411
,2,504,507
+ 33.4
2,585,837
2,525,468
988,000,000
+ 13.2
780,000,000
668,000,000
,
786,625
2,780,874
9.3
2,431,193
2,139,699
4,013,785
+ 24.6
4,066,708
2,655,624
,2,406,465
2,266,276
+
6.2
2,129,095
2,176,452
'3,787,721
+ 14.5
+ 113.3
'6,652,'o50
3,307,984
7,609,201
4,572,932
+ 45.5
4,315,804
7,939,137
5,499,560
3,078,153
1,031,810,912
903.380,828
;+ 14.2
811,323,615
„—
Delaware—Wilmington
16,233,916
New Jersey—Trenton
—
+
Clearings—Returns by Telegraph
New York
2
<1948
z
1947
$7,400,350,349
$7,7.42,426,221
-622,383,457
750,626,618
935:000,000
875,000,000
Chicago-
Philadelphia
Fourth Federal
Reserve District—Cleveland
%
4.4
—
6.9
9.0
San Francisco
263,700,280
+
6.9
284,100,000
St. Louis
494,507,714
281,941,413
271,800,000
+
4.5
—
328,388,000
343,418,000
Pittsburgh
.306,944,338
277,478,323
337,723,322
296,157,954
+
Baltimore
211,854,169
—
207,602,762
$11,158,759,769
$11,522,717,872
Other cities, five days
2,901,155,535
$1.4,059,915,304
+
Fifth
2.0
West
,826,773,681
$14,739,358,698
+ 10.6
not available at ;time of
are
AecoTdingly, in\the above the-last day of the week in .all
In the elaborate .detailed statement,-however, which
18,501*600
3,532,522
+
6.2
5,716,424
3,990,440
296,648,145
+ 25.3
238,900,682
253,577,995
1,022,920,341
806,766,326
+26.8
682,202,112
602,578,342
2,485,781
For that week there
was
going to
week previous
Reserve
Macon
In
the
Kansas
Reserve District 23.5%
City Reserve
and
and in the Minneapolis
District ;the
increase
is
3,090,338
+ 12.5
3,254,522
1,970,640
+ 19.6
181,263,348
141,953,073
"59,494,228
+ 15.2
60,330,873
44,767,709
418,347,482
+ 17.9
385,764,881
306,393,724
'55,411,903
38,058,940
197,400*000
139,800,00(1
5,301,048
3,933,367
+ .34.8
4,231,537
;
3,093,431
+ 26.6
2,291,558
1,767,208
70,214,780
+ 14.7
68,460,485
100,553,554
85,303,520
,+ 17.9
72,270,985
46,553,531
'56,250,463
6,341;195
___
Federal
a summary
District*
OF
BANK
.1947
Inc. or
+.267,939
110,066,040
,87,735,857
588,768,609
+ 16.0
530,076,021
388,602,456
1*188,007
1,082,047
10,014,965
5,230,861
8,223,787
Week Ended Sept. 25
flat -Boston—.
End
New
Dec. %
12
•3rd (Philadelphia
4th
Cleveland
77th
:
5,358,626
43,374,000
+
.4,852,986
+ 28.3
St.
7
"
1,022,920,341
,806,766,326
+ 26.8
Louis
Kansas
"
493,165,950
4
7
City———10
418,347,482
3,279,842
+
3.5
25,244,198
+
V
+
16.0
530,676,021
+
6.6
448,516,702
+ 20.9
413,792,637
+ 15.5
478,011,403
518,934/472
(47^499,079
6
339,527,730
275,016,146
10
_
908,048:135
794.056,879
—
,
-
;San
Francisco
+ 10.1
11i pities ; ;i5,438,668,185
; Total
.Outside
New :.Yodc J3ity—,
v
4.9
9,251,065
+
1..0
762;185
625,799
700,291,635
M 2,628,606
9,730,569
+
5.1
625,062,369
516,044,479
+
13.5
2,189,153
1,534,904
)
•
"
■■
1948
: •;•'; vat— •'+.
Jj^i<•-
^1947
;;J\'.y
^:
689,256,433
12,608,816;146
fUfat Federal Reserve District—Bestnn—
.Maine—Bangor.———
Portland
Massachusetts—Boston—
1,607,091
944,983
1,667,150
Bprlngfield
Worcester
!
New Haven
'
N«,w;Hampshire—Manchester.
\
'V
.
'•
886,133,289
+
6,6
.781,348,648
>636,080,709
+ 20.7
240,400,000
174,700,000
84,473,017
*69,401,504
250,900,000
-98,546,101
97,325,601
+
7.5
79,771,046
1,745,000
+
5.5
1,219,057
542,133,840
448,516,702
+20,9
' .>405,863.120
.
7,848,942
46,198,505!
1,037,338
*
291,337,347
!
6,760,419
+6,606,938
5,993.793
4,761,013<
344,001,696
300,199,371
+ 14.6
.229,099,942
173,603,264'
97,828,763
86,313,553
+ 13.3
67,600,601
46,532,382
9,554,056
+ 44.4
5.313,505
3>420,701
,
-
„
-.6,018,665
.-3,920,811
4*635,341
4,440,838
10,733,90.4
478,011,403
_
+
,
2.3
•
+:14.7
2,648,801
1,989,652
4i4
2,673,087
2,28,6,594
5,692,461
+ 8.8.6
8,127,222
5,168^1?
413,792,637
+15.5
321(456,951
■+
468,124,278
7.7
'3.1
+
+
5,439,265
.124,563,568
—
0.6
.271,708
+.13.7
,5,280,306
,09.251,666
.^,674^550
,7,910r618
251,185,592
.117,07.5,605
+■ .6*4
5,836,085
7,576,379
—23,0
,9,517,690
317,47,8,578
,+.23.3
354,365,965
175,040,
.351,606
<9,5
,:+
11.734,276
+
11,6
343,571
3,706,500
77,448,492
3,551,911:
.5,847,897
194,466,162 J
'
.11,024,855
Total (10 cities)—.,
+
8,3
,+
46,8
,5,919.435
1,599,734
,6,420.438
.1,709,693
1,552,349
+.22,5
1,328,909
943,723
518,934.472
Ppeblo
10,178,949
2.509.98O
.1,901,238
Colorado—Colorada^prings
<
471,499,079
+10.1
368,774,184
293,949,263
1,045,529
<
,
.664,516
>
;.+:a,791,096
1,344,179
'
.5,953,566
.4,853,362
4,477,255
Eleventh
Dallas.
16,089,146
■
^
8,480,910
8.4
'•
*1,075,161'
•
■
>
.
6,065,081
\
18,708,500
:
.842,183
,
+
0.7
5,515,590
227,262,000
+
25.0
28,079,604
Worthy—,
Galveston——
6,021,259
284,120,137
-Al¬
port
*
5,959,033
20:968,500
Federal Reserve Dlstrlet—•Dnllaa—
;Texas—Justin—
3,661,846
-22,047,859
'•
—15.5
418,334
.552,237
.5,954,292
Kansas—Topeka.,_—,
,1,348,106
.641,343
+
*415,803
.627,810
'Lincoln
386,510,617
,1,742,530
,
4.7
237,761,918!'
Federal Reserve District—Kamm Clty-
-
<3,617,061
<7
2.2
—
Nebraska—Fremont,,—
Hastings——^——__
V4l»133,280
44,629,103
+
+ 32.1
.1*641(136
i
-
11945
:V-U,a95,269
.
:";+15,2 r
24,128,700
+ 34.8
District—Minneapolis—
*4*497,224
'
■
26,149,800
Reserve
Missouri—Kansas City,.:
St. Joseph——
1.4
+ 13.5
•'
a
Federal
Total (7 cities)
25,674,934
+
9:4
183,808,000
17,582,367
.2,563,638
?
136,223,000
14,920,621
'
+ 30.9
3.934.0Q0
5,009,149
2,938,708
+ 70.5
10,117,759
<8,430,245
+ 20.0
2,150,051
7,337,726
1*420,556
5,415,663
339,527,730
275,016,146
+23.5
220,3*27,734
.163,611,478
4,689,000
6,136,000
Wichita Falls—
—
JU>uisiana—Sbrevepor t—
Total (6 cities)
3,068,000
'
592,779.713
—
525,558,550
+ 12.8
S41',<826,870
444,-731,829 ■'
)'
Twelfth .Federal Reserve District—'San Frandaen—
'Second Federal Reserve District—New Tirk—
Washington—Seattle
Hew
2,273,397
1,663,260
945,003,065
cities)
Wichita—
+<12.9
4,457,006
,;;,1,306,443
•
1946
—
24,314,143
:
110,364,093
Island—Providence^L^—
>''
V :V
5,133,987
2,383,830
302,800,000
,
+
6,845*691
.
.
25,079:156
(16
Omaha,™
or
+ 24.2
+
—
il,805,374
,7,731,435
Gonaeeticut4-+Hartford„:
cities)
445,938,569
989.848
—,
,Mew Bedford
•Total (12
•
<1,571*989
Lowell™—
.
*4,316,459
506,203*397
•Pall River _—;
Rhode
dv710,456
.
4,378,752'
.
3,447,410
19.5
4,765,826,452
•■'■,
2,123,663
———
6,713,767'
6.3
+
.
104,618,700
1*840,866
11,087-.163,585
5,937,841,015
Dec. %
■
<
6.950,017^-
.
+
2,804,386
Montana—Billings
.Helena
546,969,718
Inc.
tiii
1$
+ 21.2
•3,955,714
South Dakota—Aberdeen—
our
'•*
>,
8,775,600
4,204,479
St. Paul—
North Dakota—Fargo—
'Week Ended Sept..25
'GMarlngs
18,058,210
+
>1,061,738
;132,874,274
Tenth
add
now
25,278,167
3,351,461
Minneapolis
detailed ^statement Showing the figures for each
city for the
week ended Sept. 25, for four years:
*
(We
0.8
•11,793,988
Missouri—St. Louis
Ninth
163,611,478
+14.2
•
6,753,830,157
2,338,204
12,808,574
2>982,818
Minnesota—Duluth—
293,949,263
•
+15.9
13.524,194,875
.7,825,228,474
.
+14.4
2,682,159
"
736,319,279
Total (4 cities)
237,761,918
220,327; 734
+;
35,955,058
Tennessee—Memphis—,
Illinois—Quincy
291,337,347
368,774,184
+ 23.5
•
*
45,605,288
Kent ucky—Lq uisville
388,602,456
•
V; - 321,456,951
'
13th
2,737,592
i
<
Eighth Federal Reserve Distriot—St. Leal*—
•636,080,709
405,863,120
««
+•»«.
■■<;.■/•
+ 17.3
306,393,724
781,348,648
:
'
1.
2,619,960
27,318,000
5,323,612
1,072,273
Illinois—Bloomington
602,578,342
385,764,881
588,768,609
886,133,289
542,133,840
"
+ 17.9
683,144,239
V
4,169,350
34,732,000
21.7.
$
Decatur——
690,014,197'
-682,202,112
-
945,003,065
M
16
i®th "Minneapolis
10th
811,323,615
+ 17.8
,
51,421,616
25,453,059
13,434,192
Chicago
6,485,132,604
+ 14.2
(Chicago
(8th
•6,869,995,577
903,380,828
-^—10 1
"tfth .'Atlanta
+ 12.7
3,512,711
t
Sioux City,.
.
,6,992,358.348
5,389,774
4,475,730
3,396,219
Des Moines
444,731,829
7,883,228,385
519,994
8,274,286
60*340,700
Wisconsin—Milwaukee
$
541,826,870
1,031,810,912
6
-:rv.
+ 12.8
"
—
•
.
525,558,550
.762,027
9.0
6,228,581
Peoria
592,779:713
"
—11
;5th iRichmond
Ilth'Dallas
cities
.——12
York
9.8
+
>6,314,211
;,.Iowa—Cedar Rapids
1945
+
—36.4
52,772,000
Indianapolis—
.South Bend--—,—,Terre Haute--
Springfield-
1946
4,362,849
383,681
+ 11.9
CLEARINGS
1948
5,546,010
+ 10.3
10,920,937
Indiana—Fort Wayne
Total
SUMMARY
Reserve
:
>
District—Ckleafe—
'Lansing
by Federal Reserve Districts:
7.6
+
407,049
126,494,252
683,144,239
Reserve
.Grand Rapids
10.1%, in the Dallas
5,890,556
449,086
141.533,970
J Michigan—Ann Arbor
<
.2,382,268
3,915,068
Total (10 cities).
Reserve District of
+
80,557,538
Louisiana—New Orleans
increase of 6.6%,
.11,423,401
6.6
+ 20,6
_
Seventh
14,613,822
04,223,893
213*600,000
Mississippi—-Vicksburg__w___-.-—+«_
the week
—
+ 18.8
15,607,761
68,445,254
257,500,000
Mobile
in the San Francisco Reserve District
.14.4%.
furnish
we
1,255,209
202,504,584
Rockford
In the following
1,967,597
District—Atlanta
.
(Alabama—Birmingham
larger by 26.8%, in the Richmond Reserve District by 17.9% and in\the Atlanta Re¬
Louis Reserve District of 20.9%
110,194,093
5.4
3,475,389
Florida—Jacksonville-
gain of 12.7%, in the Boston Reserve DistricLof 12.8% and in the Philadel¬
phia Reserve District of 14.2%.
In the Cleveland Reserve District the totals are
15.5%.
6,253,000
130,328,541
18.547,526
,
Augusta—
a
an
8,620,000
<+ 17.1
493,165,950
Federal
-Nashville
press.
clearings, at this^center having recorded an increase of 12.5%.
We .group
the jeities according to the Federal Reserve: Districts in which
.they ^are located ;and
from, this it appears that in New York District (including -this city) the totals
District-by 16.0%.V The Chicago Reserve District registers
.+ 15.0
68,530,075
increase
an
+
9,364,000
141,535,695
242,17+842
Georgia—Atlanta.
present further below
we
2,358,637
10,773,000
Columbia—Washington
the bank
federal
2,941,392
165,722,863
'
Tennessee—Knoxvllle
appear
of 14.2%, the aggregate of
clearings for the whole country having amounted to $15,438,668,185 against $13,524,194,875 in the same week in 1947. .Outside of this city there was .a
gain,of ,12.6%
;•
3,874,505
Reserve District—Rlchmeni—
,
able >to give final and complete results for the
Sept. ;25.
the'St.
21,486,200
+ 60.8
5,984,508
Total (6 cities)
has to be estimated.
cases
:
serve
.+ 72.1
3,743,383
6,205,447
1.0
+
'We,cannot iurnish them today, inasmuch as the week
Saturday and-the Saturday figures
record
22,500,500
§ 353 337
Virginia—Huntington
District of
0:5
+
,.747,541,031
$14,886,688,985
issue of next week.
are
206,309,270
South Carolina—Charleston
+ 17.5
:
ended
261,412,031
371,754,389
,
Richmond
Complete and exact details :for .the week covered by the foregoing will
we
+ 26.6
6,018,915
Federal
Sixth
..
113,383,140
305,986,100
38,733,800
Total (7 cities)
3.2
13,991,817,667
Total all cities lor week
....
144,948,806
m
Maryland—Baltimore
Total all cities, live days___—
ends
+ 22.5
Pennsylvania—Pittsburgh
14.0
—
2,469,099,795
All cities, one day
roue
+ 59.9
Virginia—Norfolk
Ten cities, five days
in
'
5,593,765
166,309,925
+ 10,6
Cleveland
690,014;197
387,470,096
Youngstown
'4.4
6,006,804
.
8,941.775
•Mansfield
+,
1,620,988
203,647,979
—
Cleveland
Columbus.
450,074,721
Kansas City
—pant®n
Cincinnati
—17.1
655,350
873,000,000
2,544,751
5,001,688
Total (11 cities).
Week Ended Oct.
$
+ 15.7
Wllkes-Barre
com¬
1945
$
1,199,720
Scranton
'A:,
1.103,285
1,258,387
1,387,647
York
1946
or
Dec. %
1,011,543
Lancaster,—
Philadelphia
Reading—,
in
$
Sept. 25
Inc.
District—Philadelphia—
Chester
Our prelim¬
same
$
Reserve
——
loss for '.the week ended Friday
a
Federal
Bethlehem-
Oct. 2, clearings
1947
..
Pennsylvania—Altoona
:
for all cities of the United States from which it is possible to obtain
weekly clear¬
ings will be 1.0% above
1948
■
■'
•
43
York—Albany,—_
BLpgha niton
"Buffalo
,12,795.767
Syracuse——
Connecticut—Stamford
NewJersey—Montclalr
Sewark
•northern New Jersey
—
0.2
*81,895,232
1,359,541
.1,633,839
7,613,439,711
18,740,443
•12,946*921
+ 13.9
1,888,866
_
,2,607,784
1,502,235
Jamestown
New York
'
<93,125,170
„—_
Xlmlra
Rochester
12,816,256
2,969.877
—
+
•
5*>846,9l9
(
2,417,607
1,712,355
+.13,7
71,254,458
58,796,209
+
+10.5
1,222,096
966,624
+ 15.6
*1,408,992
1,203,971
6,770,364,718
+ 12.5
6,670,975,131
<6,321^37,133
,15.953.942
+17.5
;15,236,608
12,035,428
10,643*400'
+17.0
8,619,392
.5,644,997
j
11,226,865
+ 32.9
.9,506,918
7,740*326
'
97,444*337
8,494,833
+ 24.2
'7,727,862
7,461,327
'6,221,952
,4,648,154
.406*024,720
314,900,809
11,693,099
+19.9
+11.0
,+ 7.9
6,462,447
409,804,014
12,613,328
Santa Barbara
.10,941,985
7,414,875'
+14.4
8.9
+14.4
3,136,987
7,802*339
689,256*433
5,375,103'
+14.2
+15.9
12,609,816,146
>
4,058,260
3,547,071
<9,456,648
*8,682,358
<908,048,135
.794,056,879
*15,438,668,185
il3,524,194,875
7,825,228,474
Stockton
6,753,830,157
+
,6,426,760
2,020,313
<699,776
556,867
+ 25.7
501,755
*41,140,251
36,120,844
+13.9
32,379,926
29,800,395 -I
69,559,893
.47*179,060
+.47.4
43,525,773
39,634,624
6,992,358,348
+12.7
*6,869,995,577
6,485,132,604
7,883,228,385
<
»
r+»
<t ■ »- .»
,
v
H
t
fc.
■,#.
'
.
^
■
i
JPM '
xi
.
tS-
i
T
9
.
*
*■!<*
-
;
546,969,718
Total (10 cites)
,Grand
Total
(1U
cities)
Outside New York
5,937,841,015
11,087,163,585,
4,765,826,452
tFigures ,previously erroneously reported for Terre Haute as clearings were actually debits.
Terre
eliminated from the tables until clearings are received, if such are availabie.
,
Total 12 cities)
102,791,710
.42,948,462
1
407,623
.94,851,922 '
3,697,282 !
*79,002,090.
.28,632;410
.3,975,584
+15.3
+14.1
10,551,511
San Jose
,
<14,915,207
,+ 10,2
^454,749,863
San Francisco
•42,451*189
+25.0
,-,4,358,288
164,325,620
57,190,035
149,664,123
65,246.790
•Pasadena
|
119,739,609
4i,804,853
189,441,432
—
•Yakima——,
Oregon—PorUand—
lUtah—Salt Lake City
California—Long Beach
<
•
Haute .is therefore, being
.
(>'v>
44
THE
(1400)
COMMERCIAL
FINANCIAL
&
CHRONICLE
Monday, October 4, 1948
Company and Issue—
Foreign Exchange Rates
>
Pursuant to the requirements of Section 522 of the Tariff Act of
1930, the Federal Reserve Bank certifies daily
Secretary of the Treasury the buying rate for cable transfers in the different countries of the world.
We
give below a record for the week just passed:
~
to the
■
FOREIGN
RATES
EXCHANGE
CERTIFIED
^
SEPT
24.
Union Mortgage Corp.—
20-year collateral trust bonds, series A, due 1954
Special interest notes (unattached to
bonds).;
United Rys.
15-year
of
7'/a %
equip,1
1948
RESERVE
SEPT.
TO
Noon
BANK
1948,
30.
TO
TREASURY
UNDER
INCLUSIVE
TARIFF
Value
For
'y
..
in
United
States
'
!
OF
For certain
•
American
Money
Tobacco
Viscose
Corp.
Belgium,
Brazil,
Sept. 28
.
Sept. 29
Sept. 30
$
,|,i;
$
.297733*
.297733*
.297733*
.251247*
.251247*
.251247*
.251247*
.200000*
franc—.
cruzeiro
27:;
Sept.
.297733*
.200000*
3.212250
_.j__
Cloced
.200000*
3.212296
.200000*
.200000*
3'A %
.022853
.022850
.022350
.0544C6
.054406
.054406
.054406
England,
Prance
pound
sterling
1
15
1256
1
548
Portland
Mexico,
of,
.020060
.020060
.020060
Appalachian Power Co.,
.208535
.208535
.208535
[208535
Butte
4.031484
4.031484
4.031434
4.031484
:
peso
.004671*
.004671*
guilder
.003184*
.003184*
.003136*
.003183*
.301678
.301673
.301678
.301678
1st
.376028
.376000
Free
1.000000
.918333
;
Spain,
pound
1.000000
1.000000
.926250
.929583
3.901542
3.991542
South
Africa,
.091324
.091324
.091324
.091324
.278228
.278228
.278228
.233629
.233623
.233629
pound
4.007500
4.007500
Closed
4.007500
4.007500
♦♦Temporarily
■■■
.......
.*
•
'+;
v'
York,
County
of
"belief,
and
that
the
following is,
to the best of his knowledge
true statement of the- ownership, management
a
(and if
«*>
Section
in
of
side
this
That the
537, Postal Laws
form, to wit:
and addresses
names
and
must
owner
be
addresses
is:
stated,
of
and
printed
Regulations
the
on
(if
of
owned
and
also
the publisher,
those
as
Place,
each
New York,
Executors),
(3)
by
corporation,
a
immediately
individual
That
25
N.
Park
Y.
member
its
the
creased
and
name
thereunder
be
must
the
That
Seibert
D.
bondholders,
owning or holding 1% or
mortgages or other securities are:
(4)
A
names
reporting member banks
&
of the
assets
and
liabilities
of
the
(If there
stock, bonds
or
other
any
and
total
are
interest,
securities
than
D.
other
amount
none,
direct
as
during
(This
the 12 months preceding
information is required from
tri-weekly
.tSijr
newspapers only.)
D. Seibert,
Herbert
edi
subscribed
before
me
this
Editor
and
of
bonds,
Loans
None.
or
indirect, in
the
daily,
weekly,
Publisher.
to
U.
Loans
Other
U.
S.
U.
the
to
dealers
for
.
districts; the principal increase
San
District
was
purchasing
and
was
the
.
U.
purchasing
Holdings
1149
1260
1149
tVol.
166.
165.
§Vol
167.
.
..
13
+
—
+
—
—
5
—
6
+
6
+
securities—total—
5
+.
17
+
—
823
—
—
508
+
indebtedness
4.037
—
137
—
—
78
—
+
+
V:'-'/-53
13,574
+
47,715
,-..
201,403
885-
—
—
4,053'
793,163
—7,074,121
272,200
—1.984,297
98 000
+
1,465,700'
9,202.433
+
258,607
+
8.482,743.
23.281.907
+
1.421.970
+
23,639.972
+
1,469,738
+ 1,088,498
from
R.
S.
Govt, securities.
loans and
foreign
Notes
securities..
banks
other
of
40
banks...
+
2,757.693
+
27,273
+
45,606"
40
—
171.385
+
+
997
—
9,321
49.634,150
assets
49.
1,240
279,746
—
32,338
assets
890,025
—
153,720
items
premises
25,312
—
—
5,815
4.456
Federal
Reserve
Banks
13,487
1.201.785
120.823
+
+ 3 173,277
—
608
+
1,499
+
"
"tv
/
deposits
deposits:
1948,
" "
.
called
were
deposits
availability items.
Inch
Accounts—
(Section
capital
21
+
+
note
396
180
470
909
—
—
+
82;
—
OF
!l
(i
57,449.
+
3,489,078
—
+
217,566
+
11
110,108:
+
1,196,814
—
2,829-
+
3,108.377
,
.
+
6,338
.
..
199,859
7)
32
448,189
+
27.543
+
13b)
accounts
97,943
4,939
+
+ 1,201.785
+
+
8,368
88:
50,108
49,634,150
3,173,277"
liabilities
combined
43.7^
for
1.0%-
774
2
2,275-
54
1,132:
bills
on
foreign
respondents
1.6%
6,262
liability
cor¬
—_
/Commitments to
make
indus¬
88
trial loans...
!
loan
items
are
DIVIDENDS
reported
Dividends
gross,
first
grouped in two separate tables. In the
bring together all the dividends announced the
we
current
are
week.
we
Then
we
follow
with
table in:
under
and
the company name in our "General
Corporation
Investment News Department" in the week when
declared.
-
•'-
The
dividends
announced
this
week
.
,
;
.V/
A.
f
1
f
Name of Company
T.
F.,
Stock
American
Extra
,</
.
'
Da.to
■
American
Inc.
(cash
Share
dividend)
50c
—_
dividend
Asphalt
10%
Roof
«?,
—"l
1254
~ -»
r*
lr.
r
*
<
•«
«
When
Holdera
Pnvnhle 0' Rer.
11-15
10-27
—
Discount/Co) of Georgia
—
10-27
10-15
9-30=
25c
10-15
25c
10-
1
9-22
50c
*
11-15
25C
(quar.)
10-28
10-18:
9-30
•
(quar.).
Distilling Co. (quar.)
American
News
Co.
(bi-monthlyi-—
American Smelting & Refining, ."common....
P«<r«
71
•--Oat- <25'
are:
Per
:
American
bonds—_—__l_Nov
"""
second
a
show the dividends
previously announced, but
which have not yet been paid. Further details and rec¬
ord of past dividend payments in
many cases are given
TENDER
;
I!
90,148
8
given in the "Chronicle.":-,
"i
606,752"
gold certificate re¬
to deposit and F. R.
purchased
751
4
of
serves,
under
Square Co., 1st mortgage 5%
& -Co.,-Inci class B
.jr
+
+
—
1,419.217
15,945
divs.
liabilities
Contingent
list of corporate bonds, notes,
called for redemption,
Company and Issue—
^
2,444,813
2,849,630'
9.098
+
487,981
+
3,174
48.860.616
accrued
Total liabilities & cap. accts.
465
—
,
<
22,407.790
...
223,795
+
—
stocks
NOTICE
Z.
+
454.082
Ratio
:V-;_
—
—
accounts,
a
—
1,189.498
except
individual
common
of
.»
1,659,907
24,048
which the details
.«
acct.
+
5
1,416
169
Govt,
4,848
—
19.883,511
410,299
Other
59
—
-8,896
|
accounts,
23.992,059
acct.
Treasurer—gen.
S.
3urplus
1,251
+
281
14,916
._
notes
bank—reserve
139
-+
10
+
—
46.838
!'
+
222
—
2,259
100
19
—
813
and
Reserve
Capital
113
week
-»
+
1,009
.'Capital paid in
Surplus (Section
sinking fund provisions.
The date indicates the
redemption or last date for mak¬
ing tenders, and the page number gives the location In
«
1.415
+
357,056
1,880,462,
+
Total
117
2,592
of
including those
m
+
securities:
Other liab..
1,286
Below will be found
i«
275,792
advances
89,538
—
+
Member
4.759
1,930
banks
preferred
m
3,143
3,143
596
+
33.921
demand deposit
interbank -and
U.
S.
Ellicott
—
—
22,603.201
+
Federal
29
—
;
A
to
Hoe-(R.)
reserves
719
' 268
Notices
mr
$
1,970,000'
R.
1,942.500
Deferred
9
+
Redemption Calls and Sinking Fund
»
F.
+
5.161.560
which
-
1947
'
6.975.405
Total
1.e., before deduction of valuation reserves, instead of net as
previously
Year-ago figures have been adjusted to a gross basis.
;
Oct. V
1948
$
Foreign
reported.
..•■./
Sept. 22,
'A
Deposits:
59
12
—
246
tBeginning June 30,
or
for
27
229
3,867
S.
$24,-
Sept. 29.
21 937.670
:
Total U.
2,199
120
+
3,957
vault
during
Loans
Treasury bills decreased $325,000,000 in
ttew York City, $61,000 000 in the
Chicago District, $46.4K)0,0C0 in the San Francisco District and $508,000,000 at
1.546
486
loans
deposits adjusted
deposits, except Government-
Debits
or
Notes
or
securities
with
in
-
Other
banks
Domestic
carrying United
securities increased
$99,000,000 in
City and $120,000,000 at all reporting member
tVol.
-1948
Bills
•
carrying:
obligations
Government
Government
Interbank demand
Government
,
1
1
Certificates
3,194
525
Liabilities—
increase
$18,000,000.
3,074
+
securities
Time
Commercial, industrial, and agricultural loans de¬
$54,000,000 in New York City and increased in
£1! of the other
+
143
376
creased
f00,090 in
144
15,201
pur-
Demand
and
the following principal
changes for the week
Sept. 22: Decreases of $823,000,000 in holdings of
"United States Government
securities, $608,000,000 in de¬
mand deposits adjusted, and
$909,000,000 in demand de-:
posits credited to domestic banks.
■
Dec
Dec
Liabilities—
+
obligations
bonds
S.
f
•; :v;.
.
fund
and
Govt,
Total
+
loans
Reserve
shows
banks.
U. 6.
1947
—
Balances with domestic banks
is
semi-weekly
Sworn
for
Government
Cash
sub¬
above
1948
698
—
ended
TTew York
of
Acceptances purchased
Other
—
securities
S.
to
and
Treasury bills
Treasury certificates
Treasury notes
weekly reporting member
banks of the Federal Reserve System in
leading cities
Ttates
issue.
615,531
Discounts
U.
The condition statement of
to brokers and dealers for
this
Industrial loans
Bank
Since
24,887
agricultural
carrying:
or
Government
estate
Other
paid
shown
brokers
S.
Other
Real
issue of this publica*-
date
to
Other loans
"
Condition Statement of Member Banks
reporting member banks
Duice^e
$
Uncollected
24,643
and
Foreign banks
Borrowings
all
in
certificates
Sepft. 24,
Sept. 15,
63.020
——
Other
29th
Francisco
1253
15
Investments—total
chasing
U.
/::
■
Total gold ctf.
Other cash—
Due
reporting
loans
day of Sept. 1948 Thomas A. Creegan,
Notary Public, Kings County, New York, County Clerk's No. 671, New
"York
CVnty Register No. 326-C-9.
(My commission expires March
3)0. 1949.)
V
the
91591
28
Any time
notes
(In millions of dollars)
and
Loans—grosst
Commercial, industrial,
security
state.)
so
otherwise,
scribers
the
1,
Bonds
Dec. <—)
Assets—
Loans
Loans—net
Seibert,
stated by him.
so
<51 That the average number of copies of each
lldn sold or distributed, through the mails or
-7*48.
for
'49
Oct
bonds
due 1951
~
of
>
1948
that the said, two paragraphs
affiant's full knowledge and belief as to
has
Corp
"<
Redemption
F.
Sept. 22,
person,
corporation
Gold
Total
1■
•the circumstances and conditions under which stockholders and
.security
Jholders who do not appear upon the books of the
company as trustees,"
Bold stock and securities in a capacity other than that of a bona fide
croner, and this affiant has no reason to believe that
any other
or
2024___Jun.
Ontario—
1
':■#
$30,000,000 in Chicago.
given)'
Herbert
mortgagees
more
Episcopal
in
Assets
$100,-
was
Inc. ( +) or
whom such trustee is acting, is given; also
at
;
-
summary
two
cpntain statements embracing
district and
one
member banks follows:
paragraphs next above, giving the names of the
owners, stockholders and security holders, if any, contain not only the
list pf stockholders and security holders as
they appear upon the books
-of the company, but also, in cases where the stockholder or
security
Bolder appears upon the books of the
company as trustee or in any
other fiduciary relation, the name of the
person
or corporation for
association
due
Increase ( + )
Borrowings increased $79,000,000 in New York City
and $82,000,000 at all
reporting member banks, and de¬
Place, New York, N. Y.
known
the
(William
Jhblders
and
all
at
districts.
stockholders
of
bonds,
J2004
decrease (—) since
deposits increased $180,000,000.
Demand de¬
credited to
domestic
banks
decreased
in
all
posits
editor, managing
Owner, William B. Dana Company, 25 Park Place, New York, N. Y.
Stockholders, Herbert D. Seibert & Estate of Jacob Seibert, 25 Park
«aid
Holdings of Treasury
Holdings of United States
$78,000,000.
amoun|t of stock.
well
debenture
1257
Anytime
164.
•
ernment
owning or holding 1% or more of the
If not owned by a corporation, the names and
addresses of the individual owners
must be given.
If owned by a
firm, company, of other unincorporated concern, its name and address
as
—Anytime
Co.—
1949
(In thousands of dollars)
reporting member banks.
tricts, the principal decreases being $287,000,000 in New
York City, $66,000,000 in the San Francisco
District, and
$46,000,000 in the Chicago District.
United States Gov¬
25 Park Place, New York, N. Y.
Editor, Herbert D. Seibert, 25 Park Place, New York, N. Y.
^ :
Managing Editor, Herbert D. Seibert, 25 Park Place, New York, N. Y.
Business Manager, William D.
Riggs, 25 Park Place, New York, N. Y.
address
due
decreased
Demand deposits adjusted decreased in nearly all dis¬
business managers are:
Publisher, William B. Dana Company,
the
bonds.,
Statement of Condition of Hie 12 Federal
0
000.000.
and
That
**
indebtedness
the decrease
and
semi-weekly or tri-weekly newspaper the circulation), &c., of
the aforesaid publication for the date shown in the above
caption, re¬
stored by the Act of Aug. 24, 1912, as amended by the Act of March
3.
1933 and July 2, *1946, (Section 537 Postal Laws and Regulations)
reverse
1
Nov
♦Announcement
#<■
Government bonds decreased in all but
•weekly,
embodied
of
notes decreased
daily,
a
all
at
New
York, ss.: Before me, a notary
pttblic, in and for the State and County aforesaid, personally appeared
ZHerbert D.
Seibert, who having been duly sworn according to Jaw,
«deposes and says that he is the editor of the "Commercial & Financial
Ubronicle"
1256
t2410
lease¬
Nov
bonds, due 1949
Light, Heat Sc Power
4%
6%
Catholic
Holdings of Treasury cer¬
$35,000,000 each in
the Chicago and San Francisco districts and $137,000,000
tificates
2, 1946 of the "Commercial & Financial Chronicle,"..
published two;times a week on Thursday and Monday, at New York,
N. Y„ for Oct. 1, 1948.
.
1
&
-.
Electric
all reporting member banks.
Congress of Aug. 24,
New
Paga
12142
Reserve Banks Combined
and July
oi
&
Co.,
omitted
Management, Circulation, &c., required by the
1912 as amended by the Act of March
Acts of
3,
State
Co.,
4.007500
i'i>
Statement of Ownership,
1933
CALLED
debs., series A, due 2024 July 1, '49
1st mtge. 5s. due 1951—Any time
first
lIVol.
-
^ ♦'W*
"'6$
890
Date
6 9)
General mortgage 5s.
.278228
.233629
<
_
rate.
ISSUE
mortgage bonds, dated Dec. 1, 1939
3 V2,% and 4% note issue,
dated Dec. 1, 1936
Tennessee Coal, Iron & RR. Co.—
.040318
Noncontrolled
•Nominal
4
bonds
money
Alexandria
.201580
.040300
.233629
Uruguay, peso—'
Controlled
.201580
.040300
.273228
Switzerland, franc
of
.201580
.091324
krona
.201580
.040300
22
1
1960
Roman
3.991542
.040300
escudo
Nov
Weight Corp.—
Gas
Power
due
.924375
3.991542
Closed
.201580
peseta
Union
Sash
944.
1
1970___Oct
Pickering Lumber Co., preferred stock——
Copper & Brass. Inc.
1st
mtge. 3 lU%
1.000000
.923125
3.991439
—
krone
Sweden,
income
York
4%
JNotway,
stock
846
'.X
1
1951—Nov
Revere
1.000000
Portugal,
5s due
mtge.
5ck
Purchase
.376114
.376009
Power
mortgage 6%
New
*«
.376000
Official
Zealand,
Electric
National
Ohio
[Netherlands,
1
Kmgsburg Cotton Oil Co., convertible preferred Stock. _Nov
Motoramp Garages of Illinois, Inc. 1st
.004671*
'
mtge.
(subordinated), due
ENTIRE
.004671*
**
1st
Company and Issue—
hold
.003184*
I
Corp. 1st mtge. bds. due 1977-Nov
Service
.020060
.301678
Ry.
debentures
.926875
Hfe'Moundland, dollar—
■*otal
25-year
l.opoooo
rupee
3Vc
Century-Fox Film Corp. prior pfd.
Baking Co.—
.932109
L
Dominion
(2)
Fulls
1.000000
.004671*
Free
(1)
Rumford
Wisconsin Public
(Metropolitan), franc—
India,
editor
&
.928660
Closed
Co.
stock
Minneapolis Gas Light Co., 1st ratge.
4s: due 1950_.___Dec
Peoples Brewing Co. of Trenton 1st
mtge. 4s due 1953—Nov
1.000000
4.031328
—.
1241
2nd
.925781
Official
1
29
mtge., 3%' bonds, due-1972——Nov
Marshall-Wei's Co., 7% income
debentures, due 1909Nov
5Va%
.208535
debentures
1138
Nov
......Oct
I960..
15
Co.,
1.000000
krone
due
15
i'l
Nov
Placid
.020060
koruna
Paga
1962___Oct
1961—Nov
Lake
Rubber
preferred
.920937
Denmark,
Wew
debentures
1.000000
Free
Czechoslovakia,
988
1962—Nov
Ward
.022850
.054406
Official
5
due
series
dollar—
Canada,
Co., 20-year 3% debs., due
Corp., 5% preferred stock
Twentieth
3.212296
3.212296
3.212296
.022860
....
dated
debentures due
4y2%
-
.251247*
industrial products
543
1921__Oct
548
REDEMPTION
Dodge Manufacturing Corp. 4%
i
.297733*
pound—.—I
Australia,
certificates,
1930
V
.
Celotex
■i-;.■ --v
products
"non-regular" products
For
Sept. 25
■
"regular"
l
Company and Issue—
V'
Firestone Tire &
Sept. 24
...
trust
..Jan
„
PARTIAL
ACT
Buying Rate for Cable Transfers in New York
and Monetary Unit
Argentina, peso— '
,
1
Date
Havana—
American
Country
Page
Jan
-i' >/.■
FEDERAL
BY
Date
National
IW.-Lrrr-.-—
25c
-
.
11-15
50c
111-30
10-29
11-
5.
11-
5
a;0- fr
:
Volume
168
Number 4739
THE
When
Per
Name of Company
(
American
Steamship Co
American
Amra
Share
Thermos
Corp.
4
prefcired.
$4.50
preferred
Argus Corp., Ltd.,
11-
15c
(quar.)
iquar.j
Paint &
Bankers
Q'/e
Co.,
Class
A
Baystate
Bell
General
Public
General
Steel
1
10-29
Corp.
10-29
11-
10-20
Gleaner
1
11-1
10-
Reduced
(N.
10-
1
1
10-20
50c
r-4 O
r—4
9-20
1
9-24
1
Berland
Y.)—
$1.50
10-
11-
Class
Blue
Hats,
10-30
1-3-49
11-30
A
iquar.i
Ribbon
Bobbs
20c
___:
$62720
_
Light
&
Power
Co.,
Semi-annual
1st
6%
preferred
2nd
$$1
$$1.75
(s-ai_—_
.
10-
10-
preferred
preferred
2nd
.
preferred
preferred
(quar.)
12-> 1
11-
1
Horn
12-
11-
1
'
Cheney Brothers
Chicago Molded
Chicago Railway
77.
12-
lit 1
Illinois
10-
Imperial
1
11-
1
11-
1
Stores,
1
10-15
11-
1
$10c
11-
"
10-
1
11-15
9-30
9-16
13c
11-1
$1.1272
10-
Class
A
50c
15c
iquar.)/,
preferred
Cleveland
Land
&
Breweries,
10-15
1-1-49
$1.25
-
St,
—
—
__
Commonwealth Edison
__
_
__
Co.
Printers
_
preferred
preferred
A
Corp.,
A
Delaware
Power
Detroit-Michigan
Extra
Diamond
1st
9-25
5
9-25
12-
1
11-20
11-20
11-
5
11-20
11-
5
12-
11-19
10-15
10-
4
10-
4
10-
4
iquar.i
Light
(quar.)
$1.50
9-15
10-25
10-11
10-25
10-11
10-11
9-15
25c
10-30
10-
20c
10-20
10-11*
20c
iquar.i
10-20
10-11*
50c
—
Corp.
Traders
$1
10-20
10-
____
3c
10-25
10-15
20c
11-15
11-
J30c
11-25
10-29
1.1-
1
10-15
t75c
_
11-
1
10-15
1
10-15
11-13
10-15
137720
J25c
17c
:
(quar.)
Life
11-
1
11-
1
20c
10-15
Bureau,
convertible
Ltd.,
Brewing
_
•_
preferred
<quar.)__
Fund
v
10-
1
9-15
10-
1
9-15
Kleiser
1-2-49
12-16
$2.50
4-1-49
3-16
750
Fry
Products,
Fulton
Bag
&
Depot
$1.50
10-15
$1.50
11-
1
10-16
10-
1
9-20
$1
10-
1
9-20
10-
1
9-20
(quar.)
Shares-
317»c
9-30
9-25
8c
10-15
125c
$2
1272C
l
common
$1.25
11-
1
10-21
10-21
10-
1
11-15
11-
1
10-15
10-11
10-11
9-30
11-
1
10-15
Inc.—
$1.50
10-
1
9-21
75C
(quar.)
10-
1
9-21
10c
Mills
10-11
9-30
30c
9-30
9-28
12-
8
10-
6
7%
;
$1
(quar.)
Co.
Tire
&
&
Paper
(quar.)
10-15
Sons
McQuay,
5%
$2
&
47ss%
(irreg.)
Louis
75c
10-
1
IT-
1
10-
1
9-25
9-15
10-
1
9-15
10-
1
1
1
$1.10
11-
1
10-15
$2.25
12-* 1
11-1
5c
,12-1
11-16
9-27
10-
25c
10-15
10-
5
10-15
10-
5
1
9-22
$1.0674
10-30
10-20
Railway—'1——25c
10-15
10-11
$1.50
11-1
10-15
50c
$3
participating preferred (quar.)
Utilities, Ltd. (s-a)
National Battery Co.__—____—_________
National
Company
:
National Electric
Welding Machine Co.—
Quarterly
11-
1
-10-20
$1.50
11-
1
10-13
75c
11-
1
10-15
10-
1
75c
_____
11-15
$25c
______—
11-1
10-20
Extra
National
Erie
National
Folding
National
Mallison
Co. ; (initial)
Tank
Naugatuck
Box
10-
Wafer
(quar.)
(quar.)_—
Co.
—
—--1-
(s-a)
Hosiery
10-15
10-30
(irreg.)
Brothers, 4%% preferred
England Confectionery
10-
(quar.)—
Certificates of
25c
9-24
10-15
10-31
75c
11-
10-25
1
$1.183/4
11-
l'
$1
interest
(quar.)_
No-Sag
Spring
Norfolk &
10-
1
10-15
10-T6
1C-
Co.
pfd.
(quar.)
(quar.)
Northern
Ohio
Telephone Co.,
preferred
preferred
,
com.
(quar.)
(quar.)
_
—
(quar.)
9-24
Oberman & Company,
Oglethorpe Fund
5%
Co.
Oliver
& Discount
Corp.,
common
pfd.
Oliver
Class
B
10-20
10-15
97V2c
11-
1
10-15
10-15
10-
25c
11-10
10-14
5
30q
10-25
15c
10-
1
9-27
$1.06
10-
1
9-27
10-
1
9-27
10-15
1272C
(quar.)—
(quar.)—
preferred
Filters,
class
A
(quar.)
(quar.)——
———
10-
5
10-
1
10-15
1
10-15
11-10
10-20
(quar.
37 Vac
10-
1
25c
11-
1
10-
1
10-
1
$1.25
10-
9-27
10-
8
Louis—
9-23
9-23
9-23
11-25
10-18
$30c
(quar.)____
1
$30c
11-
1
10-
9
$53c
Co.
10-15
10-
2
(quar.)____
50c
10-
1
9-27
75c
11-30
11-15
15c
10-
1
10-
1
10-
1
9-15
25c
10-
1
9-15
3174 c
10-
1
55c
11-
1
50c
12-
11-15
10-15
.___
com.
(quar.)_
9-15
9-15
9-15
a
10-15
92 7ac
11*
977ac
li¬
10-15
$1.03?4
lt,
10-15
$1.25
11*
10-15
^
class
A
$15c
&
10-11
11-
10-11
35c
Mfg.
Corp.
10-18
10-
8
25c
10-28
10-
9
20c
•_
Malleable
11-
$10c
Products
10-22
10-11
50c
10-20
20c
11-15
10-29
20c
(quar.)
10-15
10-
8
10-15
10-
8
20c
Carbon
Co.,
Co
$4
common
iquar.)
lc
quar.)
10-
5
9-27
1
9-20
10-
1
9-20
5c
10-
lv
9-28
5c
Oil Co.
10-
1
9-28
5c
10-
1
9-28
5c
10-
1
9-28
(quar.)_,
_:
of
Missouri—
.
(quar.)___
$1.12 7a
of
i
California
Storage Corp.,
common
Assurance
Western
Breweries
10-11
50c
9-30
9-30
9-24
9-30
9-24
25c
9-24
10-15
10-
$3
10-
7
10-
Gc
(s-a)_
10-
6
25c
10-15
62 7ac
11-
1
$2.50
Co.
10-
1
8
I
9-30
10-
1
10-15
9-16
$2
Co.
(Toronto)
(quar.)
(s-a)
Commonwealth Corp., Class A
Westminister Paper Co.; (quar.)
Whitehall Cement
10-
11-15
10-31
9-30
9-30
50%'
$$1.40
10-
1
1
9-29
40c
Manufacturing—
Co., common
preferred A (quar.)
9-24
10-31
$1
—
Electric
9-30
10-
20c
(s-a)
10-15
20c
___
Western
10-15
$20c
Waterous, Ltd., Class A (quar.)
Weill (Raphael) & Co.
(stock dividend)——
Western
11-10
50c
Co., class B (quar.)
Corp., $5 pfd. (accum.)
Veneer
10-30
10-30
12 7a C
Warren Brothers
Tool
10-30
11-15
11-15
62 7a c
iquar.)
Investing Corp._____
Company
1__1—
Washington
11-15
92 Vj>C
877ac
Street
Warren
9-30
10-
15c
A
:
Vanadium Corp. of America
Vermont & Massachusetts RR.
6%
10-15
1
iquar.)
Wico
9-30
11-
(quar.)
Warner
9-30
9-30
11-
(quarjJj^*.--
preferred
Wall
10-15
10-15
10-15
25c
Inc
preferred
9-30
25c
1
10-
1
10-
9
9-24
9-22
Below
9-30
j
10-
1
9-30
9-24
12c
10-11
9-30
10c
10-
9-29
1
$50c
12-10
11-10
12-10
11-10
$$1.1272
10-30
10-15
50c
.11-
50c
U-
1
10-15
110-15
30c
Chocolate, $5 »fd.
dends
10-
1
9-22
$1.25
(«uar.)__
11-
1
10-20
give the dividends
we
announced in previousThe list does not include divi¬
weeks and not yet paid.
this
announced
week, these being given in the
preceding table.
v
'•v.-;-"
Name
Acme
$1.10
1
Alloys,
convertible
$1.10
Per
of Company
Aluminum
convertible
Share
pfd. (clears all arrears)2772C
preferred (quar.)—27V2C
Corp.
(quar.)—.
Extra
Fund,
Inc
Agnew Surpass Shoe Stores, Ltd. (increased)
Ainsworth Mfg. Corp.
(quar.)_-___
Investors, Inc., $2 preferred (quar.)
Allen
Allied
All
Aluminum
Oil
&
Co.
_—
Inc
Air
preferred
American
Gas
of
preferred
American
$7
(quar.)
-
Industries, Inc
Stores Corp., common
Penn
4%
Mills,
Canada,
(quar.)
(qu(ir.)
10-15
10-15
10-
9
10-
9
9-16
10-20
9-30
9-16
10-29
9-30
$15c
12-
1
25c
10-
6
50c
10-11
10-
4
25c
10-25
10-
8
50c
„
10-15
10-15
10-29
9-24
9-15
10-
5
75c
10-20
27>c
10-15
10-
9
$25c
12-
11-
3
25c
10-
5
9-20
$1.75
_______
10-
5
9-20
10-15
9-2®
9-20
Ltd.—
common
—
(quar.)
(quar.)
Alliance
Quarterly
Co
(quar.)
Filter
1
1
15c
—__
Air
Co.
75c
1111-
12c
—
Reduction
Holders
5c
Special
Air
50cr
%
Affiliated
When
Payable of Reo.
Inc.—
Addressograph-Multigraph
Alabama
$50c
convertible
United
1
11-1
$3
(quar.)_,
Extra
472%.
11-
(Spokane)
,
Loan
15c
$1.25
Northwestern Title Insurance
Quarterly
11-15
1
$1.25
preferred
10-15
25c
,
Railway, 4% pfd. (quar.)
Northern Engineering Works
(irreg.) ___—.—
8
$10c
(quar.)
9*
50c
Western
12-
8
$20c
participating prior preferred (quar.)__
Participating
I
beneficial
1
1-1-49
20c
4%
9-14
1
England Fund—
Jersey Worsted Mills
New York Power &
Light, 3.90%
10-
$7c
A
(quar.)
Electric Co.
U S Cold
5
10-29
40c
25c
,—
Corp.
10-
10-15
10-20
9-27
10-15
$$1.06
10-20
10-30
25c
10-
$1
Roofing,
Ltd.,
Wilbur-Suchard
$1
Fabrics
Co.
(Oscar)
——___—_
Co
.
5c
2c
18c
—_
——
10-19
25c
Co.
$3.70
10-20
10-
10-15
10-15
83'4C
(quar.
B
$4.50
9-27
11-
1
I
17 7ac
.'
$3.50
Union
10-18
1111-
Extra
10-15
10-28
3
50c
common
Company Class
10-27
30c
Nanaimo-Duncan
10-11
—
Class
9-17
11-10
25c
——_
11-10
1
Extra
8
20c
(quar.)__
12-
1
11-
$1.25
(quar.)
preferred
Todd
10-15
11-
14c
(quar.)
Power, $6 preferred
Moody's Investors Service—
Ohio
10-31
127>c
Co
6%,
10-15
50c
pfd.
12-15
12-
(quar.)_
Aluminum
Finance
Union
(quar.)
50c
27a C
Brewers,
Thermatomic
5
1
50c
B
Extra
3
10-
25c
Montana
New
1-
10-15
10-25
50c
_
10-15
__l
Container Corp
Super Mold Corp. of California
(quar.)
Talon, Inc., 4% preferred (s-a)—^
1
$25c
______—
1
11-
20c
Stone
10-15
11-
18c
Mississippi. Power & Light," $6 pfd. (quar.)__
Nebel
10-31
11-15
100%
;
10-
(increased quar.)
Terre Haute
$110674 1-15-49
preferred
1
10-13
(increased!
(quar.)
Power
States Iron
Brock,
Class
Time
1
10-14
10-
50c
Gas,
preferred
Sterling
Sterling
10-16
$$1.25
-
Chemical
1
11-
50c
Extra
Monroe
3
9-25
9-22
9-20
Cement-.
Minneapolis & St.
11-
1
10-29
11-11
10-13
$25c
(quar.)
Pulp Co.
preferred
Stanley
10-15
_r_;
47i%
1
9-30
1
(quar.)——___—
Sons
12-
10-
3
20c
(quar.)_______
common
Rhoads.
11-
1
25c
Co.,
Petroleum
Mid-West Abrasive Co._—
Middlesex Products (quar.)
(I.)*
12-
5%
11-15
1
50c
preferred
4.15%" preferred
10-15
1
dividend)-—
(quar.)__
Mid-Continental
&
10-28
10-18
$1.317a
(quar.)_
Co. of St.
&
3.90%
10-
—
Miller
10-15
10-11
11-25
50c
(quar.)_^
preferred
Co.
Hungerford)
Common
1 10-45-
11-
Meyercord Company (quar.)
Michigan Gas & Electric, common
4.40% preferred (quar.)———
Miller
1
i.0-28
$1.0674
Publishing
Portland
111
10-
1
50c
(quar.)
preferred
3.70%
9-15
10-15
50c
Co., Ltd., common...:
Atlantic
10-11
10-
$25c
$5 convertible preferred
(quar.)
Southwestern Associated
Telephone Co.—
$2.20 preferred
(quar.)
Southwestern Public Service—
8
1
11-
90c
50c
6%
preferred
(J.
5%
10-16
$$1.75
Co., Ltd.—
(quar.)——_—
(quar.)
7
Register
10-30
$1
$1.50
common—
50c
Extra
10-16
Chemical
preferred
Medusa
(N.)
Smith
1
10-
$1
(stock
Co.
10-
10-31
5674c
—__
11-16
$1.25
Distillers
Soundview
9-30
10-15
$$2
Fund--—-
&
Inc.,
8
11-1
Co.—
Company,
Products
Corp.
10-
20c
(quar.)
12-
•
;
Electric
preferred
$2.12
9-30
10-15
:
5%: preferred
McCaskey
5%
9-30
Cement—
&
$1.37 72
Corp
Shawinigan Water
9-30
10-20
-7—50c
(quar.)_—
Bond
McGraw-Hill
5
34%c
______
McArthur
10-
10-14
,
McCall
9-30
10-15
$1.50
Field
9-20
of
(quar.)
11-16
(quar.)
Stores,
Southern
Ltd.
10-20
10-
12-
Extra
dividend)
Co..
pfd.
convertible preferred
Marshall
1
58c
(quar;)-_i
preferred
Wall
10-
30c
(quar.)
1111-
12 Vac
quar.)
common
Co.," $5 pfd.
Securities Investment
Common
(quar.)__
10-11
317»c
shares
8
$1.25
(quar.)__IZI
(quar.)
Schenley
10-20
$3
(stock
8
10-
;
Scranton
10-15
8
10-
;
B
10-15
25c
Inc., 472%
(Geo.)
4 74 %>
Class
10-
1111-
17 7a c
(quar.)__;
5%
pfd.
(increased
common
preferred
Slater
Corp., 5% preferred (quar.)
Formerly British Rubber Co. of Canada. Ltd.
Marsh
1
1
$1
20c
$1
Manhattan
5%
9-23
11-
share held
Power
(The)
11-
10-29
Light—
pfd.
A
Sanborn Map Co
Sargent & Company
Scarfe & Co.,
Ltd., Class
Schaffer
50c
additional
each
Portland
2nd
8
9-30
9-30
G2V2c
Brewing
John
Mabbett
7 9-30
15c
(s-a)
&
two
preferred
474%
—____
8
10-
10-20
10-10
1
$1.10
v
Corp.—
New
50c
10-
25c
Mailman
New
9-30
1
County Gas & Electric—
74%'
9-30
Corp.—
(quar.)
Co.
(s-a
Cotton
10-15
11-
37>
Neisner
50c
_
5'^ pfd. (quar.)
Co.
11-12
10-15
A
1
11-
$3.12 72
Saguenay Power Co., Ltd., 47»%
pfd. (quar.)
San Antonio Gold
Mines, Ltd
San Diego Gas &
Electric, common (quar.)_
10-11
10-15
(quar.)
Co., 6% pfd. (quar.)
Taylor, 8'% 2nd pfd. (quar.)
National
10c
Telegraph
11-30
.
(quar.)
:
(quar.)
Union
preferred
1
Co.
common
preferred
Trust
Company,
10-15
10-13
10-
5c
3772C
Insurance
•
__
Securities
6%
1
$2.50
(quar.)
participating
Participating ,
Frick
11-
25c
——
_____________
4%-
Street
9
$20c
_
iquar.)
Fleury-Bissell,
9-30
lc
Brewing
Mutual
9-30
4
—
partic. pfd—
Equipment
&
10-
1
5c
——
Field):
Foster
•
30c
_
(quar.)—
Fibreboard Products, 6 7 preferred
Field (Marshall)
(see
Marshall
Franklin
1
10-15
preferred iquar.i
preferred
(quar.)
Woolens & Worsteds, Ltd
Guardian
5
5
10-
10-15
redeemable
&
10-
10-
25c
___
Fort
10-15
11-15
50c
Telephone
9,%: 'preferred
Pitt
8
9-24 '
93%C
Clay Mfg. (annual)
Shares,
Inc.—
*
(Syracuse)
Fort
10-
10c
Quarterly
.
1
1
12-
———
Federal Services Finance
Corp. (Wash., D. C.)
Common
__
$%
11TO-
——,
Participating
First
8
$1
Ducommon Metal &
Supply (quar.)
Eastern Corporation
Edfson Sault Electric Co. is-ai
Equitable Credit Corp.. (N. Y.)
First
10-11
10-
50c
r
State
Dominion
...
10-28
10-15
$1.75
—
2nd' convertible
Fihng
10-11
4
1
Corp.,
11-
10-25
$1.0774
'
(quar.)
(George D.)
Class
9-27
11-
Cement
Rothmoor
10-18
50c
(accum.)
Louis)
Roper
9-21
1
9-30
$1
Telephone
&
Luzerne
10-11
10-28
_■
Dividend
Farmers
10-28
25c
(quar.)
Dadge. Manufacturing. Corp. (quar.)—
Dominion Bridge, Ltd.
(quar. I
Dominion Fabrics. Ltd., common
FaJlstaff
2
6-1-49
$1.50
Dickey (W. S.I
6%
5-
'
1
$1
Co.
Stove
5
2-
37V2C
■
&
Lord
10-
1
(St.
Inc., common
preferred (quar.)
Longhom
Lorain
9-30
9-30
11-
50c
Stores,
Rubber
Maltine
___
9-20
Industries—
Wire
of
Bryant,
9-27-.
.
$2
(quar.)_
1
Extra
12-10
,
1
10-15
10c
com.
(quar.)
iquar.)
9-30
11-
$1.50
common———
Manufacturing
1-1-49
'v
-
25c
pfd.
10-
50c
Extra
10-20
3-1-49
-..
—
Class
11-15
&
(G.)
St.
Lane
6
-
—7—
Davidson-Boutell. 6 7
preferred
(quar.)
Dayton Rubber Co,, common.-77.Decker
10-
25c
(quar.I
A
10-30
25c
(quar.)t——J.—
preferred
Lake
10-11
t20c
4%;, preferred (quar.)■ _■_—
Cribben & Sexton Co._:
334%
1,
50c
(increased)—.
Paper. Co.
Container Corp. of America,
Dana
11-
-
$20c
(quar.)
Connecticut River Rower, 6'7
Conn ,(C. G.i, Ltd., common
7 7.
9-28
10-11
5%
7
PiR.—
_____
Riverside
10-15
1
9
95c
Rice-Stix
10-11
(interim)
Co.
10-
(quar.)
Racing Association, Inc.
Dry Goods (quar.)
10-25
1
1
iquar.i
pfd.
10-15
1
12 7a C
(Canada),
preferred
11-
30c
$6
1
11-
50c
pfd.
(quar.)__
class
Copper & Brass,
57»%
11-
25c
Co.,
11-
10c
3.8'%
&
Petroleum
11-15
common
for
common
..
$1.37 72
1
1
$1
—„7;_—
J_ « _v
6%
Krueger
1011-
J16c
_
Newberry & Laurence
Consolidated
Kobacker
Revere
South
Distribution
9-23
$1.12 >/2
(quar.)
■
dividend
-
9-25
55c
,
$1
4
30c
Sieel
Link-Belt Co.
—_
Connecticut
9-20
Lee
_
Revere
,
Co.—
,
10-25
"S-3"
u
Republic
10-15
"B-2"
Series
10-22
$1.25
_
Extra
Resumed
Series
Louis
-
,
Columbia
10-
30c
.
Bottling (N. Y.i
Plow, Ltd., com. (increased
quar.)
Common (quar. 1
———__________
Colonial Mills (cash dividend)
(quar.)
Stock
Keystone
7
12-17
9-27
25c
(quar.)-___
preferred (quar.)_-_
Custodian Funds—
20c
Cockshutt
v'-'<
10-
9-30
11-
10-
50c
(quar.)
Reitinan's
11-15
9-27
10-15
1
$1.06 74
preferred A .(accum.)
preferred (quar.)
Brewing,
B
9-29
11-15
9-30
Gear______
5%
Company
Top
Class
10-18
25c
(quar.)
Inc.,
8
16%c
convertible
9-30
Securities____i7_'_;it.i___
Ltd.
$1.25
$1
si
;
_____
Kennedy's,
5
9-30
30c
Chicago
iquar.i
Coca-Cola
•
10-
Red
10-
10-25
(quar.)
Power
Reading
9-23
1
10c
Mutual Fund
Kansas City Structural Steel
Co.—
6%
preferred (accum.)
11-10
433/4C
Ry. Co., 5 7 preferred (quar.)
Cleveland Electric
Illuminating
Coast
10-15
1
9-23
9-30
$1.25
(initial)
Johnston
Kevstone
_
Clovelhhdj Cinoinnatii
$4.50
10-15
_
(quar.)
(quar.),
Common
12-
preferred
9-30
37 7aC
Company, 5'/b pfd. (quar.)
4%
10-15
9-29
11-
Power
prior
1
11-15
Corp., 5% pfd. (quar.)
Co., prior pfd. (s-al
Nut
50c
Y.)
Jersey Farm Baking, 4%
9-24
;
L.)
Central
-
10-11
1
(F.
Jersey
10-15
25c
(N.
Co.
Chemical
1
11-
&
Steel,
1st
$1
Corp.
Leasehold
Jacobs
4
$20c
_
9-20
50c
$75c
10-
$1.50
Chocolate
(quar.)
Portland Gas Light
(Maine), $5 pfd. (quar.)
Potomac Edison,
3.60%
pfd. (quar.)
Quebec Power
Co., Ltd. (quar.)
Rayonier, Inc. (increased quar.)
9-30
50c
22 7ac
Petroleum
7u%
Planters
9-30
10-15
iquar.i
Indiana Associated
Telephone
$2
preferred
iquar.)-
5
10-
Power
Income
10-15
10-30
Co.
Ordinary sh'ares
10-15
1
$1.12 72
___
9-30
10-15
5
40c
Hydraulic-Press Brick
10-15
11-
$20c
(quar.)
common
1
1
11-
Equipment—
preferred
City
Hardart
11-
:
Products—i
&
12-1
$1
5%
iquar,)
10-15
(quar.)
common
preferred
Houdaille-Hershey
1
85c
47s{.%- prior preferred (quar.) __:
Champion Shoe Machinery Co.—
$%.
preferred
is-ai
_____i7,
1
$$1.50
common
(quar.)
Inc.
(quar.)
Telephone & Telegraph
Home
$18%C
—
11-
Horder's,
Corp.—
,3.40%
preferred
(quar.)—„______
Central Ohio Steel Products
Central Paper Co. (stock
dividend)
Certqin-Tced Products,
common
Pittsburgh
Electric
6
$20c
__
Pioneer
9-27
Inc.
10-15
$37c
Investors
(quar.)
!
Canadian Oil Cos., Ltd.
iquar,)______:_____.
Carpel Corp.
(reduced
quar. i
Central Hudson Gas &
Electric, common—
4 Via %
preferred
(quar.
Central N. Y. Power
,,
&
10-
$1.75
—
9-27
9-27
(quar.)
preferred
10-15
,
____________
1
1
30c
(quar.,)_
quar.)
(quar.)_____
1
11-
4
pfd.
(quar.)__
10-
683/4C
9
10-
4 7a%
preferred
10-
(quar.)—
10-
10-15
4.4%
Phillips-Jones
50c
iquar.i
10-30
$2
preferred
10-
1
5
35c
4.3%
$62 7aC
(quar.)
Corp.,
Corp.,
Drugs,
8772c
—
80c 2nd participating
preferred (quar.)-—
Canadian Converters, Ltd., class A (quar.)
Canadian
Gas
Hook
877aC
—
(quar.)
(quar.i __—1
___—
1st
1
9-16
11-15
10c
Light
convertible
3772C
Byers (A. M.) Co., 7% preferred
(quar.)
Caldwell Linen Mills, common
(quar.i
$1.50
Sugar
10c
(quar.)
(quar.)—
3Vzconvertible
5%
11-15
10-
10-
$1.50
Philadelphia Electric Co.,
12-15
10-15
10-15
I_
Petroleum
12-15
1
$25c
(quar.)
&
1
iquar.i_
common
Heat
9-15
pfd.
11-
$1
10-
1
6%.
10-11
1
10-15
(s-a)
Mills
Corp.,
Machine
$$1.50
America
Products
convertible
Holly
5
lOt
Co
preferred
Perkins
9-29
(quar.)_
North
Steel
9-29
1
11-
$$1.50
—
50c
V/z'/c
of
Chocolate
10-22
1
11-
$$3
Co.
Hershey
Home
$$1.50
—
(quar.)—.
Products——-
Steel
12-15
9-24
$1.25
non-cum
$6
10-15
$1.1272
Pennsylvania Power, 4 7»%'
preferred iquar.)
Pennsylvania Railroad Co.
10-11
9-30
Co
Hercules
9
Co.—
<quar.)__
Burlington Mills, common
47c
Co.
9-20
10-
1
10-25
&
Manufacturing.
Peaslee-Gaulbert
Penman's, Ltd.,
6
11-15
(quar.)—
(quar.)
Co., common
preferred
(quar.)
$4
preferred
Buchanan
1
1
10-
15c
(quar.)
Paulsboro
10-
20c
50c
Patchogue-Plymouth
10-11
75c
.
common
Gas
Ltd.
.
British-American Assurance
British- Columbia^ Telephone
6%
1011-
10-20
1
10-18
1
10-
337a7o
__ii
Co
Tanning
Rubber
Electric
8%
9-30
1
60c
(quar.)
Traction,
11-
$1.1272
—__
Co.
10-15
T',
(quar.)
class A
11-
$1
Hayes Mfg. Co.
(increased)
Haytian Corp of America—
Hendey Machine Co., $2 class A (quar.)
Hercules Powder Co., 5% preferred
(quar.)_
9-30
11-15
10-20
$1.25
—
11-
Holders
25c
(quar.)
Davis
$62 7aC
Hartford
10-20
i
(quar.)_-_
Extra
*10-15
1
10-30
10-15
50c
5% pfd.
(special)—
preferred
Guarantee
9-30
10-15
$25c
:
Ltd., 5%
pfd. (quar.)
472% preferred (quar.i
Edison
Brazilian
11-
40c
(quar,)_:___
Corp.,
Merrill,
Boston
9-30
$10c
—
common
45
Payable of Rec.
■"
Inc.—
preferred.,!Terminals Co., Ltd.
Corp.
Parke
10-18
$$1.25
preferred
Hartford
$1.50
11-15
11-15
Aggregates,
Coast
Packer
When
Share
convertible
Pacific
8*
11-15
(quar.I
B
1st
Gro-Cord
10-15
$$1
—
LI
Ltd.,
3
35c
——
(extra)
1
10-
Coast
472%
11-19
J20c
(quar.)
J 20c
Ltd.,
1
20c
common
Co.,
Belyea,
11-
12-11
$1.50
Co.
Co.
Griess-Pfleger
12-
&
H.)
convertible,
6%
9-30
(quar.)—
Manufacturing
&
11-5
25c
(quar.)
Rubber
Class
Co. (quar.)
Stores
iquar.)
Shoe
Biltmore
(P.
Harvester
Gordon
9-30
50c
Ltd.,
Goodyear Tire & Rubber,
$5
—
10-20
common
dividend
Goodall
Ltd.—
—
Ltd.
preferred
Stock
9-23,
11-
$377ac
quarterly
Watch
4
1
5
Pacific
-
Glatfelter
b%
1111-
Company
O'Sullivan Rubber
Corp. (Va.) —
5%
preferred
(quar.) ___________________
Oxford
Paper
Co.
7
—
(quar.)
Utilities
Gladding McBean
Telephone Co. of Pennsylvania-
Benrus
$1
Britain)
Per
Name 0)
10-15
,
10-
(quar.)_
Wares,
1
10-20
107>
(Great
Advertising,
Extra
10-25
30c
—
(quar.)
Outdoor
1
37>/2C
(quar.)
Corp.
preferred
10-29
10-11
Mills, Inc.
Goodman
Stores,
Paper Co.,
JBelding-Corticelli,
6 %
1
12-
$25c
(quar.)_
Inc.—
—1
&
General
11-10
62 7a C
preference
(quar.)
Power
General
8
10-29
Inc.—
prior
Commercial
8
10-
10-25
$2.50
1
preferred
Bathurst
10-
1
12-
11-
35c
77a %
1
$2
(s-aV
Hardware
Quarterly
Co., Ltd.
12-
$1.50
—
—
Badger
Electric
11-
15c
(1401)
Holders
Payable of Rec.
12 7ac
Final
1
$1.12 72
Plywood Corp. (quar.)__
Steels, Ltd. (quar.)
AutQ- Finance Co. lquar.t__.———.
&
General
8
12-
._
------
Atlas
convertible
1
10-15
10-
$1.1272
(quar.)
common
preferred
Nichols
10-
10-25
$1.12 72
—
Atlas
$1.20
10-15
10-15
When
Share
Gabriel Co., b'/o conv. pfd.
(quar.)
Gardner-Denver Co., common (quar.)
4%
preferred
(quar.)
Bonus
Extra
i
Atlantic Coast Line RR.—■
Austin
'
Power—
iquar.i
CHRONICLE
Per
Name of Company
10-20
5c
—
non-cum,
9-23
1
5c
4Va%
convertible
preference
Aro
Equipment
Corp.
Atchison, Topeka & Santa Fe Ey
5%
FINANCIAL
-
Electric
Va %
11-
10c
_______
Anchor Steel & Conveyor
Angostura-Wupperman
Corp
Appalachian
9-30
25c
(quar.)
&
Holders
Payable of Rec.
$6
Bottle
COMMERCIAL
Insurance
Co.
(N.
1
Y.)—
25c
4G
(1402)
THE
Per
Name of
•
American
Share
Company
Book
(quar.)
Department Stpres
American
When
Co.
•v
.——T
(quar.)
11-
10-22
1
American
Fork
Extra
4 % %
Hoe
preferred
Co.,
(quar.)
Chemical
15c
10-15
10-
12-15
11-30
50c
10-15
10-
$1.12%
10-15
1
3%%.
9-30
25c
10-
8
9-24
10c
11-
1
10-14*
share
Edison
Detroit
of
for
common
'"•will
held.
shares
75
not
issued
be
Fractional
■'
of
but
shares
will
cash
cash
dividend.
'
6%
Edison
Detroit
be
dis¬
(quar.)
Machine & Foundry
3.90%
11-
1
10-15
7%
common
10-15
25c
_
9-30
10-15
10-
2
Clopay
Stock
dividend
American
$6
American
100%
____
National
preferred
American
Woolen
Zinc
$5
prior
Wire
7 %
pfd.
(
Anchor
Post
Cable
Glass
preferred
6%
prior
preferred
6%
$1.25
11-
1
10-
7
$1
10-19
10-
10-15
10-
$1.50
11-1
10-22
$1.50
1
1-31-49
9
12-23
$3
4%%
(interim)
__
i
.__
5%
Atlantic
City
Atlantic
Refining,
Electric
12-18
3
10-25
Consolidated
Consolidated
10-20
Consolidated
$2.25
Avery
preferred
(B.
F.)
$4.50
(quar.)
& Sons
Mill's,
Avondale
(irreg.)
Welt
Corp.
Co.
(monthly)
tl5c
pieferred
6%
preferred
Bangor
Porcelain
Steel,
Trust
Co.
Brothers
Extra
_L
Y.)
Belmont
Extra
preferred
Foods,
(quar.)
Inc.
Sivalls
(quar.)
&
*_c_—;
—v-
(E.
W.)
(initial
Bloomingdale Brothers
Ami
Borg
class
Co.
Class B
A
(Geo.
W.)
Bristol-Myers
Co.,
British-American
3%%
5%
preferred
Registered
Bronx
;
Detroit
10-15
9-30
Distillers
11- 1
(N.
Y.)
10-22
California
Oregon
1-1-49
12-20
Dome
10-
Dominion
Dixie-Home
1
9-30
$3
■
10-15
10-15
10-15
10-15
10-15
10-
7
2
9-30
9-20
Dominion
Dominion
Square
Dominion
Tar
9-30*
1
Dominion
8-31
4%%
8-31
Dover
10-
8-31
Dow
%%
10-
8-31
10-15
9-30
11-15
10-30
50c
preferred
General
Canadian
Industries,
Canadian
&
Corp.,
4%
preferred
Corp.,
5%
Extra
&
Coke
Ohio
Central
&
&
West
Central Steel & Wire
Common
1
10-11
10-15
9-30
120c
10-15
9-30
$17%C
10-30
9-30
$$1.75
(quar.)
10-15
9-15
$15c
12-15
11-25
10-15
9-28
pfd.
Ohio
(accum.)__
Ry.
(quar.)
,
$$70
$1.25
common.--
(initial)
...
;
11-
11-
25c
10-21
1
5
10-11
10-
7
50c
10-15
50c
10-30
10-
25c
(quar.)___
(increased s-a)
10-30
10-
8
40c
10-15
9-30
Corp.
" "
-
(quar.)
(quar.)
50c
11-
1
10-15
50C
Co.
11-
1
10-15
40c
10-15
20c
11-30
11-15
10-15
11-15
10-15
10-
1
Isle
10-15
10-
1
Jaeger
81%c
10-15
10-1
10-
11-
1
3
12-18
12-
8
35c
12-18
12-
8
55c
&
Esmond
the
Jewel
preferred
10-
7
9-24
10-25
10-9
Joplin
11-
10-15
(quar.)
50c
(quar.)
20c
Tire
(quar.)
(stock
10-
4
10-15
10-30
10-15
10-
30c
Bros.
10-15
10-
8
9-24
25c
10-20
9-30
10-20
9-30
10-20
9-30
1
Fire
&
&
.
(quar.)
10c
1-1-49
12-
12-
1
11-15
$25c
11-
1
10-
$26c
10-15
Gear
10-
4
9-10
10-
4
50c
10-29
10-19
10-29
(San
preferred
Lees
3
Foundation Co. of Canada,
50c
10-15
65c
10-15
10-20
1-1-49
9-^30
(s-a)
com.
(quar.)__
(quar.)_
$1.12%
Ltd
Ltd
9-30
10-
4%%
5
12-
1
12-
1
Lewis
"10-20
11-
1
11-
1
1
10-20
Lion
9-30
$75c
quar.)_
10-25
Little
9-30
10-25
9-30
Special
-
I7%c
10-30
10-15
20c
(quar.)
10-15
1
10-15
1
$37%C
10-15
9-15
12-31
10-30
10-15
10-15
9-15
..
1
9-30
11-
1
11-
1
10-
12-15
10-15
10- 4
10-15
13c
10-15
12-
4
9-23
12-
1
9-15
;
"■% 9-30
1
11-10
13 %c
pfd.
(quar.)
on
9-28
12-10
11-24
11-
1
10-18
11-
1
10-11
10-15
com.)
stockholders
of
5%
1
10-13
11-
1
10-
5
9-
3
$1.50
10-15
10-
1
$20c
(quar.)
of Ottawa, Ltd
10-25
11-
50c
pfd.
11-15
$1
87 %c
—
6%
10-23
93 %c
—
10-30
87 %c
(quar.)
—
10-15
$1
95c
$1
10-13
9-18
12-
1
11-12
12-
1
11-12
10-15
9-30
25c
.
University
10-
5
25c
10-
5
15c
10-30
10-
5
$1.25
10-30
10-
5
$3c
10-29
$2.50
12-30
30c
1 OC
$2c
9-25
9-25
9-30
10-15
9-30
11-20
11-
11-10
1
;
9-30
37 %C
1-2-49
37 %c
4-1-49
3-22
12-28
12-22
11-
1
10-15
5c
10-
7
9-27
31 %c
Manufacturing Co.—
(quar.)__—
L
11-
1
10-15
$1.12%
$1.75
7%c
(quar.)
12-22
10-10
9-30
7%c
10-10
9-30
(quar.)
50c
10-15
9-30
50c
10-15
pfd. (quar.)
(increased)
96 %c
11-
1
10-15)
75c
12-
1
11-1&
30c
10-
8
Bakeries class A
& Sons Co., 3.85%
Cement
Corp.,
10-30
10-15
55c
10-30
10-15
preferred
Bros.,
Lincoln
Malting—
^increased
1
45c
preferred
common
37%C
(quar.)
$1.12%
(quar.)
9-30
9-277
10-15
10-
11-
10-2GJ
Oil
National
Co.,
Miami
Life
4ft
—
Longines-Wittnauer
(quar.)
10-31
9-30)
$1.30
*10-15
9-30
$1.12%
(quar.)
—
10-15
10-
30c
11-
10-23
75c
quar.)
Insurance
10-15
1
1
9-30*
Co.—
Original capital
Original capital
Special Guaranteed
8peclal Guaranteed
Common
pfd. (quar.)
(quar.)
RR.
1
$25c
Ltd._
Lily-Tulip Cup Corp.—
4%%
preferred (initial
10-20
11-
10-21
11-
9-29
50c
Lexington Telephone Co. 5.2%
11-10
15c
$35c
10-
30c
_____
Corp.
Stores
9-21
1
10-15
$750
—
(quar.)____
pfd.
Portland
Lehman
11-
~
$50c
preferred
(quar.)
(quar.)
(James)
Lerner
15c
—
&
5)
Extension
B
Lehigh
Francisco)
pfd.
Machine,
3
$1
(quar.)
12-
1
1*
11-
10-29
50c
._.
Class
10-19
10-
10-11
11-20
t8%C
(quar.)
;___—
Salle
12-
10-15
1
1
tS1.75
(quar.).
Stores
(increased)
Works
Extra
12-20
1
1111-
t$l
(quar.)
par)
(stock dividend
Langendorf United
$1
Insurance
(quar.)
Companies,
Oct.
conv.
12-20
25c
Grain
La
11-
35c
__
9-22
10%
Rubber.
&
iquar.)
com.
4% pfd. (quar.)_
Canada, Ltd.—
approval
Plante-Choate
5%
9-18
$2.50
$1.06%
(quar.)_
com.
La
8
10-15
of
preferred (quar.)__
Mfg., 4%%- preferred A (quar.)__
Kroger Company, 7% 2nd preferred (quar.)
Laclede Gas Light——
—-—;■
1
$1.25
1
12-20
1
30c
$1.50
12-31
15c
(s-a)
dividend)
Light 4%%
preferred
1
—
—
1-25-49
11-
12-30
Co.—
Kroehler
$1
11-15
11-
—
Kellogg Switchboard & Supply Co., com.—
5%
preferred Tquar.)
Kerr-Addison Gold Mines, Ltd
Keystone Pipe 85 Supply, 5% preferred (s-a)
King-Seeley Corp.,
common
Kingsbury Cotton
Oil, common (quar.)
Kirkland Lake Gold Mines, Ltd. (s-a)
Kirsch
Company, $1.50 preferred
(quar.)
9-30
10-20
11-
15c
(quar.)_.
A (quar.)
preferred B (quar.)_______
Laughlin Steel Corp., common
Extra
5
75c
—
Extra
$2.20
10-15
10-
20c
Insurance
Corp., $2
Power
Froedtert
10-11
35c
Fund
York
Extra
10-15
1
37%-c
(quar.)
Publishing
Co.,
Co.,
3%%
3%%
to
Water
11-
9-30*
Ltd.—
2nd
&
9-30*
10- 9
15c
.-
Publishing Co.
Kansas City Power & Light, 4% pfd. (quar.)
3.80% preferred (quar.)
Kansas City Southern Ry. 4% pfd. (quar.)
10-15
20c
(quar.)
_____
Fraser
Co.,
10-15
1
$1
$1.25
2nd pfd.
Jones
,
dividend
Firestone
4%
3%%
Equipment—
Corp
56 %c
—
Co.
Kellogg Company
Reduced
60c
1
1
$25c
Department Stores,
preferred (quar.)
Enamel
Foote
11-
9-30
18c
common
Corp.
Journal
(quar.)
&
meeting
9-15
California
Pittsburgh RR., 57o pfd. A (quar.)__
Mills, Ltd., 5% preferred (quar.)
Fireman's
First
8
8
10-25
11-
9-30
25c
—
Federated
Cash
Tea
10-15
507c
10-
10-25
25c
(quar.)
Johns-Manville
$1.12%
10-15
10-15
Co.
pfd.
Johnson & Johnson
1
10-
10-19
$25c
Co.
Machine Co.
$1.25
dividend)
of
Estabrooks (T. H.),
Ltd., 4.16% pfd.
European & North American Ry. Co.
Fashion Frocks, Inc.
4V*%
Ironer
conv.
9-30
30c
10-31
50c
Manufacturing
Rcyal Copper
$1.12%
\7o
convertible preferred
(quar.)
Equity Corp., 20c preferred (s-a)
Common
25c
Ironrite
(subject
__
8
1
10-29
$$1.25
Foundation, Ltd.—
preferred (quar.)_—_—
Fund-—
9-30
-
8
50c
—
Management
1
-37%c
10-
40c
11-
10-
10-31
25c
par)
1
10-
(quar.)
Powders, Ltd.—
preferred (quar.)
($5
11-
25c
Derrick
common
(accum.)
$25c
r
10- 1
lc
Corp.
Fireman
12-
10-25
10-
10-15
$1
convertible
Iron
B
-
(quar.)
$2
Gas
8
9-30
6%
9-15
87%c
4
10-15
50c
(s-a)
Educational
($100
Investment
10-15
A
preferred
Florida
(quar.)
Power
80c
Emsco
Bronze
preferred
Investors
30c
(stock
(quar.)
Millwoik Corp.
Class
pfd.
$1
.
9-30
9-21
25c
(quar.)
Brownhoist
Intertype
1
Corporations.
10-12
10-
7%
7%
:>v 'a'...
1
10-
93%C
(quar.)
preferred
9-15
$$1.12%
10-25
40c
Investors
participating
15c
&
Fidelity-Phoenix
1
10-20
50c
:
10-
10-25
1
15c
—
—
of
Southern
tlOc
(s-a)
(resumed)
Interstate Department
9-15
1
10-20
10-15
________________________.—______
.
10-15
Empire Trust Co. (N. Y.) (quar.)
Employees Credit, class A
Ferro
1
Light
South
10-11
11-
:
.<
(quar.)
approval
Co.,
Radio
class
Empire
Erie
(quar.)
(quar.)
—
Central
&
Light,
Sugar
9-17
1
$$1.12%
(quar.)
Aguirre
9-20
11-
Ltd.—
common
preferred
Central
Central Coal
10-25
10-15
$50c
__.
common
Colotex
Ltd
common
Vickers, Ltd., 7%
Clinchfield
Power
12-17
tOOc
(quar.)
Carolina
Carrier
Ltd.,
Lamp Co., Ltd.
Carolina
10-11
Ltd.—
Investments,
Refractories,
1
$$1.25
(quar.)
preferred
10-11
11-
$15c
(quar.)
(quar.)
Canadian
10-25
1-3-49
11-
10- 6
11-
$1.12%
9-27
Nickel
1
10-15
12-10
10-20
v,£ 9-15
Milling
7
-
(irreg.)
iquar.)
Co. of Canada,
Tobacco
$3.50
8
$25c
12-20
10-11
Harvester
1-
10-8
10-11
International
10-
10- 9
10-15
25c
International
10-
(quar.)__
Works
the
Boat
Empire
$ 15c
6%
25c
Phonograph Corp.
Empire Brass Mfg. Co., Ltd.—_
....
$1
$1.80
Oil
to
Commissioner
10-30
(s-a)__
1
6-10
10-20
$1.37%
Co
International
10-29
5
10-15
RR;
Co.
preferred
$50c
(quar.) _!____
Co.,; common (quar.)
preferred
(quar.)—
Dorado
10-30
$$1.50
Canadian-Fairbanks-Morse Co.,
4 % %
preferred
Products
11-15
Ltd., class B (initial)
Power, Ltd
Steamship Lines Ltd. (s-a)
11-
3-10
10-15
8
2-1-49
10-
12-10
3-30-49
$2.50
Co.
International
9-27
10-
11-24
12-28
93 %c
1-7
1
$40c
(s-a)
9-10
Northern
Canadian
common
10-15
11-15
Zinc
4$1.75
9-28
Flooring,
10-15
10-15
7
10-15
$1.50
pfd.
Brick
9-27
11-
1
12-
pfd.
Motors
2nd
conv.
International
9-30
7
.
East
25c
Electric
Terminal
9-30
2-1-49
11-
1
9-20
(quar.)
$20c
Subject
Corp.,
5%
Illinois
^10-29^10- 5a
$35c
___________
9-28
62 Vic
Co.
Industrial
$50c:
10-15
El
Finance
preferred
9-30
$25c
10-15
9-30
11-
87%C
—
(quar.)
10-30
10-15
11-15
60c
(quar.)
(quar.)
Indianapolis Power & Light,
$25o
1
10-20
$1.25
(quar.)
A
Co.
9-30
Extra
4%%
Co.
class
10-15
(quar.)
10-15
62 Vic
SI
Du Pont
9-30
Co.,
Incorporated
_
12-
$3
1
Imperial
10-15
12-15
25c
9-24
10-15
10-15
15c
pfd.
common
8-30
$12 %c
9-27
1
60c
Co.,
Inc.
Lumber
&
Illinois
5
$$1.25
9-28
Extra
11-
4
11-
30c
Marx
9
$$1.25
9-28
9-30
&
11-3
Co., Ltd.__
10-15
10-15
11-15
$44c
10-15
1
10-11
^^$75(^
_______
10c
10-20
10-
9-27
10-
Cementing Co.—
10-
(quar.)_
2V2C
11-
1
10-15
10-15
50c
Shoe Co., Ltd
Refrigerator, common (quar.)
$2.25 preferred (quar.)
Huttig Sash & Door Co., 5% pfd. (quar.i
Huyler's $2 partic. 1st pfd. (s-a)
1
10-25
8
30c
1
(monthly)
Scale
Extra
(E. I.) de Nemours & Co.—
$3.50 preferred (quar.)
$4.50
preferred
(quar.)
Duquesne Light, 5% preferred (quar.)
Eason Oil Co.,
$1.50 pfd.
(quar.)
10-15
12-
10-
Y.)—
Hussman
12-23
1
10-25
'
Humberstone
11-15
12-15
1
8
Refractories
$17V2C
1"
40c
12-23
12-
30c
_—______
1*
Ekco
Well
Development
3%%
9-15
40c
1
1010-
12 %c
(reduced)
conv.
10c
Ltd.
Electric
(N.
1
(Ed.i
(R.)
4%
9-30
Coast
Co.
$1.25
10-
Electric
Canadian Motor
Textile,
Co.
7%%
Corp. (quar.)
Chemical Co., Ltd.
&
Oil
Common
9-15
5
60c
(final)
10-
75C
5
10-
1
10-25
Hibbard, Spencer, Bartlett & Co.—
1
10-
50c
10-15
Emerson
preferred
Household
10-
10-25
11-
$1.25
$2.40
Illinois
Linoleum
Dryden Paper Co., Ltd.
9-30
Co., common
(quar.)
5
$1.75
preferred A (quar.)
$3.25 2nd preferred (quar.)
9-30
preferred
&
convertible
10-15
Bronze
Holly
$4
7
$1.17%
(quar.)
Hoe
2
12%c
10-15
(quar.)
Association
Hines
10- 2
10-
Industries, Ltd. (quar.)
Co., com.__.
10-15
Insurance
12-17
10-15
10-15
(quar.)_
10-11
common
Cement
1-2-49
Chemical
$1.75
7"/o
pfd.
t5c
(quar.)
$1.25
15c
$1.12%
$25c
7%
preferred
(quar.)
Donnacona Paper, Ltd.,
(quar.)
Portland
12-17
12-17
(quar.)
(initial)
L___
50c
(quar.)__
12-31
$1
11-26
56 %c
(quar.)
common
Company, common (quar.)
3%%
preferred
(quar.)
1-3-49
87%c
11-30
9-30
$1.25 6-30-49
Lamp
Tobacco
$2
(quar.)
Oilcloth
9-30
preferred
6 %
77c
preferred
9-20
10-7
7
1
9-30
40c
Hccht
Ltd.—
1
10-
10-
10-15
9-30
10-20
5c
Stores,
Industries,
50c
;_____
Co., Ltd., common (quar.)
77c
preferred (quar.)____
Dominion Malting Co., Ltd. com.
(quar.)
7%
5%
Co.,
non-cum.
% %
(s-a)
common
30c
.____
Dominion Glass
$1.50
Packing Corp.,
10-25
(irreg.)__
:
preferred
10-11
10-20
(quar.)__
pfd.
Hartman
Hayes
(s-a)
preferred
(accum.)__
Dominion Dairies, Ltd., com
(quar.)
Canada
(quar.)_
15c
Power,
9-23
9-30
(quar.)
57c
2
10-16
50c
(quar.)
10-15
10-11
8
1
40c
a
Co.,
Shaffner
12 %c
Ltd.
Coal
(quar.)
preferred (quar.)
Harris (A.) & Co., 5%% pfd. (quar.)
Harrisburg Gas Co., 4%% preferred (quar.)
Hart Battery Co.,
Ltd
30c
10-
1
11-
50c
6%
$1.31%
—
(quar.)
1
11-
$1.12%
Quarterly
Hart
(quar.)__
67c
preferred
Canadian
Stores
Mines,
G7c
Fire
1
20c
Power,
preferred
Canada
10-
9-30
4
11-
62 %c
(quar.)
——
Ltd.—
deposit receipt
57c
-
■
Electric
Camden
10-15
10- 4
25c
(quar.)
(quar.)
Insurance
Harbison-Walker
Co.,
American
10-
(quar.)
Canada
$1.75
(quar.)
preferred (quar.)
$40c
(quar.)
California
California
1
preferred
(quar.)
Products (irreg.)
Steel
9-25
125C
._
preferred
1
10-
Common
(s-a)
;__
____
Calgary & Edmonton Corp., Ltd.
5%
10-
3%c
Extra
California
8
10-25
non-cum.
8
9-30
10-
90c
Mfg
Stove—
10-15
___
Budget Finance Plan, Inc., class A
$4.70
9-30
10-15
20c
.—
com.
(Kansas)
10-15
a2
—
preferred
Co.
Detroit-Michigan
5%
93%C
(s-a)
Company
Class B
1
Oil
9-15
is
County Trust Co.
Extra
6%
&
10-23
10-1
—
Co.___
10-15
8
_______
common
(N. Y.)
Edison
10-
10-
Stock Yard Co.
Gasket
Derby
10-15
British Columbia Power
Corp., Ltd.—
Class
A
(quar.)
Buda
Union
Detroit
10-15
25c
(quar.)
Detroit
10-15
fl-30
(quar.)
Bros.
Halliburton
12-15
10-15
:
Co.
Dayton & Michigan RR.
1
10-
1-2-49
10-
1
15c
(quar.)
preferred
&
Hall-(C. M.)
Howell
10-31
a2
$5
9-27
10-
9-30
10-15
10-15
40c
.
10-10
10-25
Denver
Is
(s-a)
10-25
10-11
11-15
1
11-
$1.25
Co.
preferred
50c
.__
Inc
10-31
Ordinary (interim)
Registered (interim)
$5
Mobile
10c
Bros.,
Boston
Co., 6% pfd. (s-a)_^
Ohio, $5 preferred
10-15
(quar.)—
common
of
;
11-15
12- 1
9-30
11-
$1
(quar,)
preferred
Gulf
Halle
10-20
50C
8c
s-a)__
10-11
1
$1.50
Inc
40c
(increased
10-25
11-
$1.37%
Company, preferred (s-a)_
Razor, common (quar.)
Hosiery
8
$1
10-
Howe
9-24
20c
(quar.)_
Co., Ltd.—
1
11-
11-10
11-25.
11-15
,
$1.25
Griscom-Russell
____________
11-10
93%c
Green
(H. L.) Company, Inc.
(quar.)
Greenfield Tap & Die Corp. (quar.)
11-12
9-30
$12 %C
preferred
Tobacco
5
9-30
11-
10-
$32 %c
preferred (quar.)
Bridgeport
Hydraulic
(quar.)
Bright (T. G.) & Co., Ltd. (interim)
10-
10- 5
10-15
25c
$1.30
1
10-15
$1.25
(s-a)
A.)
American
11-15
10-25
,_
11-
$1
—
9-24
11-25
6c
Quarterly
12-3
$1
Boston Personal Property Trust
Brantford Cordage, Ltd.,
common
47 %c
Great
10- 5
10-20
62 %c
quar,)
1
$1
70c
(increased
(quar.)
Y.)
•
11-
(quar.)
Corp.
Inc.
9-30
11-
(Boston)
_
Fund
Foods,
$2.25
10c
57c
;
Co.,
10-15
50c
■
(quar.)
25c
________
(quar.)
(quar.)
common
10-15
5C
*
quar.)
$1.50
pfd.
10-25
25c
Trust
Grayson-Robinson
Davidson
10-15
Company—
common
10-30
25o
10-20
50c
(quar.)
11-15
9-24
87 %c
Extra
—
(quar.)
Sugar,
8 7o
preferred
Dentists Supply
25c
.__
Bryson
9-30
Cunningham Drug Stores
Curtlss-Wright
Corp.
(irreg.)
9-20
50c
10-15
(quar.)
preferred
Corp.
(s-a)
12-14
M
Gotham
(initial.)
1st
10-15
$1
Gordon
9-30
______
Forster,
1-2-49
50c
9-14
10-15
Atlantic
4% %
10-15
10-25
75C
Extra
Bon
10-25
50c
10-15
$5c
$10c
5
10-15
50c
(quar.)_^
Brothers, Inc., common
$4.50
preferred
(quar.)
Golden State Co., Ltd., common
$$1.25
10-
(s-a)
(quar.)
Satety
preferred
$5
1
1
$1
(quar.)
Gimbel
(quar.)
$2
(N.
(S.
8
11-
11-
Service—
Gillette
(quar.)
Sugar, 57c pfd. (quar.)
Cudahy Packing Co., common (quar.)
9-30
$1
(quar.)
Gerrard
1
9-25
Co.
Inc.
preferred
Cuban
12-31
5c
Works
11-
10-
50c
(s-a)
$3.75 preferred (quar.)
Corp., $5 preferred (quar.)_
Putnam
11-15
(quar.)
57c 1st pfd.
5c
Benson & Hedges, $2 conv, preferred
(quar.)
Bessemer Limestone &
Cement, common
.
10-15
t$2
9-24
I
C
preferred (quar.)
preferred (quar.)
George
1
15c
Inc.,
preferred
$6
3
11-
9-22
6
25c
conv
$5.50
1
$1
Oil
45c
_
Iron
&
87c
40c
(quar.)
(quar.)
10-
10-11
(quar.)
Motors,
10c
(quar.)
common
(N.
Co.
10-11
12-
$4
9-30
10-15
70c
Electric
preferred
Refining,
8%c
(quar.)
Aircraft Corp. (resumed)
Telephone Co. of Canada (quar.)
New
7
1-1R-40
5c
(irreg.)
common
preferred
$1.75
7
Corp.,
Cuban-American
9-25
Beech
Bliss
Crum
9-25
(quar.)
Hydro-Electric,
Bartgis
Best
5
10-
15c
'2-10
10-15
5
preferred series A
Crosley
10-15
10- 7
A-
Bankers
Black
$5.25
10-15
1
10-
$1.50
Public
10-
Hampshire)
Creamery Package Mfg.
9-24
$1.50
General
10-
Co.
Insurance
Rubber
Products
Culver
convertible
4%
10-
11-1
11-
9
(quar.)
Co.
11-10
10-20
17%c
77c
preferred
iquar.)
Cornell-Dubilier Electric—
10-15
1
12 %c
(quar.)
Rubber
Baltimore
'
5
12 %C
(quar.)
Extra-
Bell
10-
11-20
10-15
25c
Motors
11-15
Co.
Royalty
preferred
Corn
5
11-
$1.12
(quar.)
1
10-
12-15
8c
-
2nd
9-23
1
11-
93%c
_
1
'6%
7%
10-15
11-
$1
Converse
Company
Baldwin
•
10-15
25c
Extra
Baldwin
1
—
(quar.)
Collieries
Backstay
11-
56V4c
common
preferred
Ay.shire
10-15
30c
Mills,
General
10-20
•
A
Investors
General
12-
$1.06%
(increased).
Corp., common
9-31
2-15-49
15c
(quar.)
preferred
preferred
12-24
3
11-15"
Mills, Ltd.—
5% preferred (s-a)$50c
Continental Gin Co., 4% % preferred (quar.)
$1.13
9-22
1
25c
preferred A (quar.)3% %
preferred B (quar.)_
J.
Auto Electric Service Co., Ltd., common
Avco Manufacturing Corp.—
1-
25c
(quar.)
pfd.
Foods
$3.50
A
12-20
Corp.
preferred
General
Textile
11-
(quar.)
8
10-27
Q7c
Textile
9-15
22 %c
4%
9-
10-15
10c
5%
Co.
5%
12-10
10-15
$1.75
(quar.)
(quar.)—
(quar.)
Power
Edison
Continental
——
11-15
15c
(quar.)
Heating
Car
11-
a5%
4%%
10-15
425c
$5
preferred
(quar.)
Consolidated Natural Gas
Associated
Telephone Co., Ltd.—
preferred (quar.)_____
preferred (quar.)
preferred
Consolidated
•
Ordinary
12-31
(quar.)
(New
Consolidated
12-18
Finance
convertible
General
(accum.)
10-15
$1.12%
pfd. (quar.)
Industries, Ltd.—
conv.
Co.
12-23
7%c
Corp.,
Electrical
Gas
preferred
$1.90
9-28
$1
(s-a)
pfd.
Ohio
Enterprises
Corp.,
Connecticut Light &
1-21
10-
10c
Electric
8
Inc.
System,
Conlon-Moore
<'■*.'%
General
General
$3.50
1
Y.)
Alcohols, Ltd., com.
preferred (quar.)
77c
10-15
10-
1
15c
Concord
6
10-29
$1.75
Co.
series
10-
30c
(quar.)
Co., common
Corp., common
11-
$50c
—
(s-a)_
common
Commercial
8
50c
Cable
•
(s-a)
Southern
&
Combined
1*
8%
Inc.
Steel
Associated
9-15
10-
Mills—
preferred
Armco
Columbus
10-15
(quar.)
Argus,
6
10-15
—
(quar.)
(quar.)__„
Inc.
Co.,
Cotton
Common
12-
$1.75
(irreg.) ______2___
Corp
Products—
prior
Arcade
12-15
Baking
General
35c
(quar.)_
Stone
&
General
1
25c
Extra
$2.25
Co. (quar.)
7%
pfd. (quar.)-'.—
Smelting—
(quar.)_____
6%
Angerman
1
8
10-
Payable 0} Rec.
50c
6%
pfd.
Transportation—
preferred
10-
$1.25
—
(N.
77c
Co.
Gas
12-
$1.75
quar.)__
Co.,
&
Hocking
Sand
12-15
Lead &
preferred
Anaconda
Anchor
Colonial
Plow
Columbia
American Telephone & Telegraph
American
9-15
$3
Goods,
Paper
10-25
Finance—
(s-a)
Works
Corporation
Cockshutt
'
Co.
(irreg.)
Holders
When
Share
Company,
4%
r
Co-operative Stove
Water
Co.
(Robert)
General American
10-15
$3
(quar.)
Insurance
Mfg.
Gair
11-1
15c
Ltd.—
preferred
Title
Clinton
Products—
Metal
1st
City
Cleveland
97 %c
(quar.)
Maize-Products,
American
9-30
Co.—
preferred
American
I
37 %c
preferred
American
11-
9-30
11-5
RR.
Electric
Knitting,
10-15
11-15
Fuller
87 %c
(irreg.)__
Pacific
&
$1 partic class A
City of Paris Dry Goods Co.,
7%
1st preferred
(quar.)
6%c
—,—
Bar
Per
Name of Company
4*
$4.25
(quar.)
Island
&
10-
$5c
5% preferred (quar.)__
Chickasha Cotton Oil
(quar.)
Circle
Additional
Co.
Corp.
Rock
Cincinnati Gas
tributed at the rate of 28c for each l/75th
share
preferred
Mines, Ltd.
Allerton Hotel
Chicago
Chicago
Growers
Products
Holders
1
11c
convertible
Chicago
11-
50c
-/.-Hy'/i
(quar.)
Chesterville
1
'
each
Inc
Monday, October 4, 1948
Payable of Rec.
40c
Chesapeake Corp.
of
Virginia
Chesapeake & Ohio Ry.
?,
30c
(quar.)—i
(mdnthly)
Light & Traction (stock dividend)
American
(quar.)
9-23
-
common___—-—
—
Y.)
9-30
Fruit
American
(N.
10-15
Fund,
When
Share
Bank
10-11
Home
American
One
&
Company
National
15c
——t——
,
Per
Name of
Chase
American
:
FINANCIAL "CHRONICLE
Holders
Payable of Rec.
$1
&
"50c
——
American
Fidelity & Casualty Co. (quar.)__
Fidelity
Co.
(Montpelier,
v.t.) —
Quarterly ;
COMMERCIAL
$1.10
$1.10
12-10
11-24
3-10-49
2-24
12-10
11-24
(quar.)
50c
(quar)
50c
3-10-49
15c
10-15
Watch
2-24
Co., Inc.—
—_
-
10- 1
Volume 168
When
Per
Name
Lorain
of Company
Coal
&
Share
convertible
Louisville
-
Gas
&
Electric
Louisiana
Power
&
Light
Fprbes,
pfd.
.
(quar.)
55c
preferred
Mailman Corp.,
(irreg.)____
&
12-20
1-2-49
12-20
1-2-49
12-20
11-
1
10-
10-15
8
9-30
10-15
9-30
10-
Class
Ltd..
A
pfd.
McKesson
&
Robbins, $4 pfd.
McLellan Stores Co.
McPhail Candy
(quar.)
Mfg.
Minnesota
Mohawk
Co.,
&
class
9-30
Polaris
9-20
Portland
10-15
9-20
Power
12-
1
10-
4
iquar.)
9-30
11-15
10-15
9-30
Telegraph Co.
Corp., preferred
&
Products
Diablo
Co.
(quar.)
9-30
10-10
V9-30
10-15
11-
1
10-20
11-
1
&
10-15
10-15
10-20
_
Oct.
11
at
$105
dividend)
Mutual
share plus
per
10-15
9-25
$1.75
10-15
10-
1
5c
10-15
10-
11-10
1
10-15
50c
9-20
10-15
9-15
10-15
9-30
10-30
10-
9
10-11
10-
1
12-
3
11-1.5
12-
Chemical,
6ft preferred (quar.)
Investment Fund
(qitar.)_____
Mutual
Mutual
•
3
11-15
10-30
10-15
10-20
*.80ft
preferred
Narragansett
National
A
62 'ftc
10-20
10-15
9-30
Electric,
Biscuit
National
Bond
National
Co.,
4 'ft ft
pfd.
(quar.)
common
&
Register Co. (quar.)___
Department Stores (quar.)
National
National
Distillers
National
Electric
National
Erie
Products Corp.
Welding
Corp.
3ft
non-cum.
2nd
5%
non-cum.
1st
National
Fuel
National
Giass
_
common
Screw
Steel
National
Tea
Co.,
3.80ft
New
•-
A
Bedford
(s-a)
Electric
5
9-10
11-
12-
1
10-11
10-15
10-
1
10-15
10-
10-15
1
10-
53'/8C
47'ftc
10-15
10-
11-15
11-
11-15
11-
4
4
10-
9
9-30
$1.05
10-15
common
on
Pacific
each
80
10-15
$12c
9-30
10-15
20c
10-15
Pacific
cash
43nftc
G.
&
North
will
for
E.
be
$1
in
l/80th
the
10-15
10-
1
11-
1
10-16
$1
10-
4
9-27
of
Northern
St.
Crcix
St.
$1.50
convertible
Northern
5%
Indiana
preferred
Northern
6ft
preferred
7%
1
preferred
$3.60
;
Fower
St.
St.
St.
Sanger
Savage
$1.75
;
90c
Co.,
Gas
Steel
11-
10-
&
11-30
I
Z
Panama
Coca-Cola
Car
10-15
Co
5ft ft
5 ft ft
5ftft
(irreg.)__
9-30
10-15
9-30
20c
"
for
mon
shares
will
ZZZZZZZ
(quar.)
10-18
20c
10-15
$1
10-15
9-18*
9-30
10-
1
rate
but
Mills
for
Lignt
&
10-20
11-
1
10-
1
United
11-
1
10-
1
United
Public
10-15
10-
5
United
Shoo
12-10
12-
1
6%
10-15
10-
8
U.
S.
Fidelity & Guaranty
12-15
U.
S.
Foil
Seaboard
10-15
10-
6
U.
10-
1
U.
S.
10-25
10-11
U.
S.
10-15
10-
U. S.
10-15
10-4
U.
Oil
Co.
9-30
$$1.50
10-30
10-
8
$60c
10-30
10-
8
£
27'ftc
11-1
27'ftc
LiLU'
2-1-49
_i:J_
27'ftc
(quar.)
•
91'/4C
8-1-49
1
10-18
12-10
45c
10-10
10-10
8-23
40c
—
12-15
12-1
12-15
9-23
12-
1
(Washington, D. C.) —
$1.25
Oil
(A.
Corp.
O.)
of
Co.
Canada, Ltd.,
Brand
com.
California
Edison,
pfd.
Power,
Southern
New
•
5
10-
5
10-31
10-
5
10-15
9-30
10-15
9-30
11-15
10-20
10-15
9-20
17'ftc
Co
Electric
&
$$1.50
(quar.)
10-15
9-30
Co.—
Gold
Co.
Mines,
(quar.)
—
11-
1
10-15
$1.50
Telephone
Insurance
Sturgeon
10-15
9-30
40c
10-15
10-13
10-15
9-24
&
10-
preferred
preferred
5
Sons—
$1
Fire
Insurance
Co.
(N.
11-
1
10-15
$l
(quar.)
Standard
Oil
Co.
Standard
Oil
Co.
of
11-
1
10-15
A
Silica
Standard
Steel
Corp.
pfd.
conv.
Street
75c
preferred
Western
$2.50
Tablet
preferred
Corp.
Co. of Canada, Ltd., com.
partic. pfd.
(quar.)
Participating
Whitehall
Stores
7%
9-30
vi'iTi..
11- l
10-15
1-14
4-15
7-15
35c
10-
4
(quar.)
37'ftc
11-
1
10-20
$1.06'/4
11-10
10-25
$1.12'ft
11-10
10-25
10-20
9
9-
3
35c
10-15
$20c
10-15
$1.25
-
10-15
10-
11-
10-15
17'ftC
1
10-
1
9-30
2
$1.50
iquar.)
pfd.
(quar,)
11-15
10-19
11-15
10-19
$1.12'ft
10-15
$1.05
(year
end)
10-15
$2
—
10-15
A
$50c
(quar.)
10-15
$35c
class
10-
$1.75
4'ft ft
Paper
10-15
9-20
9-20
10-
1
9-15
9-15
Co.—
25c
11-
11-15
1
10-20
Co.
75c 2-15-49
(quar.)___—
$1.25
112-
1
1
11-
1
2-
1
50c
_____
10-11
9-23
$1.25
Corp.,; com—
Stationery
11-15
$1.25 2-15-49
—
(quar.)
1-3-49
12-10
$1
River
Inc.
11.75
(s-a)
Gas & Electric,
9-24
$l0c
10-10
9-21
10-10
9-21
11-15
II- 1
10-22
10-20
10-15
25c
10-15
9-30
$1.50
10-31
10-15
$1.12'ft
10-15
9-30
$40c
10-11
9-25
11-
1
10-20
12-
1
Oil———■_____
Electric Power, 6ft
10-15
10-22
14c
——
Wisconsin
Wool
1
20c
Fund,
Wisconsin
11-
1
Corp.
Wichita
Mfg.
preferred
non-cum.
10-16
11-
5
11-15
11-
5
11-
10-15
(quar.)
._
10-15
12-14
9-30
Combing
Co.
of
pfd.
4'ftft
(quar.)—
pfd.
Canada,
(quar.)
Ltd
(Wm.), Jr. Co.—
Monthly
Monthly
Wright
Aeronautical
25c
25C
9-30
10-
1
$75c
"ll-
1
10-
3
Wysong & Niles Co., common
Common
7
(quar.)—.
$43%c1')iil-
1
10-
7
1
10-
7
Ltd.,
'
12-31
12-15
11-12
10-29
a
57C
1-2-49
12-17
xLkSS
resident
Less
books
in
U.
in
tax
closed
Funds,
Canadian
15%;
British
30ft
for
this
less
15%
funds,
tax
resident
income
Jamaica
5-31
10-12
9-27
11-1
10-15
tax
2-28
$31 '/4C
11-
1
10-15
$37'ftc
-
;
not
S,
6-15-49
$ 37'ftc
(quar.)
(quar.)
•Transfer
3-15-49
25c
(quar.)
common
preferred
preferred
25c
$1.25
11-15
11-30
10c
Machine
6ft
tPayable
$Payable
11-30
12-15
10c
Yates-American
Zellers,
11-20
$5
10c
Corp
5ft
12-
$31'ft c-~ "Tl-
.-
.____
pfd.
1
Acid
(quar.)
(quar.)_____
Textile, 4'ftft
10-15
(quar.)
pfd,
preferred
(quar.)
Cement
11-10
60c
&
Stecher-Traung Lithograph; 5 ft" pfd.
Brothers
I
8-1-49
Wheeling & Lake Erie Ry. Co.—
4ft prior lien (quar.)
10-23
40c
(Boston)-.
•
Steel
& Stern
1
11-
10-15
37'ftc
Common
Phosphate
(quar.)
&
12-
75c
preferred A
preferred A
Western
1
1
12-10
2-1-49
(quar.)
5ft
1010-
5-2-49
(quar.)
5ft
12-21
10-15
37'ftc
Securities
Pacific RR.
Common
1
10-14
37'ftc
(accum.)__
Common
1-2-49
10-
10-15
37'ftc
(quar.)
A
1
9-24
10-15
25C
Ltd.,
Insurance
class
11-
t
(quar.)
&
1
50C
—
7ft
Co.,
B
11-
25c
—
6'ft
Powfer
10-15
$1,25
(quar.)——£
Grocers,
12-10
50c
__
Investment
Electric,
Virginia Pulp
7ft
9-27
10-15
27c
Waterloo, Cedar Falls & Northern RR
Waterous, Ltd.
Weatherhead, Co., $6 pfd. (quar.)
West Michigan Steel Foundry
7 ft
prior pfd. (quar.)
Western
1
$1.25
(quar.)
(quar.)
Pictures
preferred
11-
10-15
flK'Ac
A
B
(quar.)
Detinmng Co.,
12'ftc
(quar.)
Spring Co.—
(quar.)
Wholesale
Works, Inc.
pfd.
class
Washington Gas Light, common
$4.25 preferred (quar.)
$4.50 preferred (quar.)
Penn
9-27
10-15
25c
(quar.)
4.20ft
1
10-15
50c
(quar.)
5ft
preferred
West
10-
10-20
62'ftc
(quar.)
.
preferred
12-17
11-30*
1
$75c
(quar.)—
$10c
—
(quar.)
Standard
pfd.
preferred
Penn
11-
17'ftc
5ft
B.)
Bros.
10-11
Corp.—
6%
Warner
10-15*
75c
(quar.)
(quar.)
6ft
Vulcan
1
12-20
Mining—
(quar.)
pfd.
preferred
11-
1-3-49
87'ftc
&
,
6ft
9-24*
9-24*
25C
(quar.)
pfd.
6
6
Wrigley
(quar.)
Radio, Ltd., class A
B
9-24
1010-
70C
preferred (quar.)_
Vertientes-Camaguey Sugar (quar.)
Virginia Iron, Coal & Coke 4ft pfd. (quar.)
Virginian Railway-- .
,
it
,
6ft preferred (quay.)
50c
(Ohio)—
preferred
9-14.
10-15
22VaC
Vapor Heating Corp., 5ft
93%C
J.) (quar.)
(quar.)___
Indiana
5
.50c
preferred
(J.
Whiting
series^ A (quar.)
9-14
10-
9-15
$3c
Ltd
5
Ltd.
Co.,
noncum.
Whitehall
R.)
-pfd,
prior
5ft
$1.20
.
Co.
(E.
10-
10-31
17'ftc
Life
Carbon
10-31
28c
$30c
—
^
(quar.)
(quar.)
England
Southwestern
37'ftc
1
9-30
10-
50c
'
(s-a)
(quar.)
■*
Stockyards
Western
common
Power
Co.
preferred
Transit
Sciver
5ft
10-31
10-
37'ftc
(quar.)
.
preferred
Gas
11-15
10-15
28'ftc
com.
(quar.)_^
fndiana
9-30
22'ftc
(quar.)
preferred
9-30
9r27:
Co.—
Gas
0%
Van
West
10-20
10-15
9-20
10-15
20c
:_.
(quar.)
Corp.,
A
conv.
,7%
10-11
$1.12'ft
(quar.)
(quar.)
Colorado
1
11-15
10-10
50c
(Balt.)___—
Wallpaper, Inc., 4 h pfd. (quar.)
Universal
Loaf Tobacco,
common
^quar.)
Utica Knitting Company—
9-30
15c
(quar.)_.
(quar.)
pfd.
participating
10-
10-30
37'ftc
pfd.
Canada
10-15
1
8
20c
4'ftft
conv,
A
11-15
11-
9-30
$50c
conv.
California
10-
$50c
(quar.)
4.48ft
Southern
11-1
'
common___'._r____,
Water
class
United
West
Ltd.—
quar.)
preferred
Pittsburgh
10-15
~$20c
(quar.)__
convertible
5
25c
Clothes
Co.,
5
10-
'50c
Paper Mills,
preferred
Aircraft
10-
10-11
$l'ftc
(quar.)
(increased
Co.
,
Corp
(Howard)
10-11
75c
Sheep "Creek Golo Mines, Ltd
Springer
11-12
65c
quar.)
;
Sherwin-Williams
Southern
7-18
1
12-31
$2.50
(increased
4-18
5
1211-
•
85c
________
,1-18
5-1-49
27'ftc
preferred
Extra
Sinclair
10-18
:
12-
62',ftc
—
L
10-15
$4
—
10-15
10-15
U-15
11-
$2.50
(quar.)
United
6ft
70c
40c
Co.
(quar.)
Steel
United
25c
1112-
37'ftc
Refining
preferred
/ : 9-30
11-29
11-15
50c
(quar.)-
common
Corp. 6ft
Smelting,
1
preferred (quar.)
(quar.)
Quarterly
S.
1
12-15
9-28
10-15
50c
Co.
A
Foundry
&
Radiator
S.
11-
(Del.)
Security Storage
class
1
53c
(liquidating)
Plywood Corp., common
7ft
-
pfd. (quar.)
5 ft preferred
convertible
be
(ouar.)
Co.,
Pipe
11-
$1.25
12-10
53c
Industrial Chemicals, Inc
Lines Co., 4'ftft
preferred
$40c
:__
1-3-49
each
.
& Canal
Utilities
Machinery,
.-Common
.
(quar.)__
Line,
Seaboard Finance, com.
Seaboard
S.
United
(quar.)
Air
Jersey RR.
preferred
10-15
1<M1
(quar.)
A
New
$$1.75
Ltd.—
9
20c
10-11
._
9
9-
Trac¬
6
10-30
9-
10-15
12-
1
-10-30
10-12
10-15
10-21
11-
$50c
10-12
1
held
10-20
$183/4c
10-15
1
11-
U.
1
will
37'ftc
10-20
Co., Ltd.—
1
11-
11-
58'ftc
25c
1
cash
of
10-
8
11-
15c
58'/3c
90C
(quar.)
9-28
75c
Americah
of
1
V
1
9-15
8
(monthly)
6.36ft
prior pfd.
(monthly)
6.36ft prior pld. (monthly)
6ft prior pfd. (monthly)
6ft
prior pfd.
(monthly)
•25c
$3.40
Sterchi
issued
the
at
11-
10-
10-
10-15
10-
(monthly)
$2
Scott
Stern
not-be
share
11-1
'10-15
10-15
87'ftc
'
(quar.)
10-15
112-29
10-18
50 ft
(quar.)
(quar.)
preferred
l/50th
$1.75
(accum.)
(initial)
preferred
Mfg. Co.,
Paper Co.,
Standard
10-15
preferred
preferred
50c
(increased)-
preferred
$3.65
V
A
prior
50c
__
11-10
1
&
Railways
common
(One
American Light & Traction com¬
each 50 shares held).
Fractional
tlOc
(quar.)
1
11-
Light
of
25c
Ltd.
12-
Ltd.—
9334c
7ft
pfd.
class
share
1
9-30
10c
20c
50c
3c
(quar.)
Scovill
State
$1.25
10-15
5
Corp.—
A
75c
preferred A (quar.)
preferred1 'A (quar.)
preferred A (quar.)
5ftft
1
$1.50
(quar.)_Z___
Bottling
Companies, Inc., 4 ft
6ft
United
prior
8
4ft
Stores
Investments,
7ft
10-
4
9-30*
$$1.75
■
(quar.).
7ft
10-18
Class
Co.
Fuel
tion
25c
10■
11-10
10c
10-15
5
$4
Fruit
United
1
10-
10-29
10-15
10-15
11-15
(quar.)
10-15
5
Squibb
B
11-
1
9-20
10-
75c
class
11- 1
10-
10-15
50c
4
11-15
10-1-5
common..
preferred
Tool,
15c
10-
6%
&
11-12
10-
1
50c
Pacific Telephone &
Telegraph
6ft
preferred (quar.)
Motor
11-15
11-15
50c
ZZ~Z
(quar.)
Lighting Corp., $5 pfd.
Packard
9-30
10-
3-15
(Dallas)
preferred
12- 1
10-15
9-30
10-20
1
Extra
10-15
10-15
10-15
$$1.75
(quar.)
Electric
10-
10-30
10-15
12-
(quar.)
distributed
Ltd.—
(quar.)
&
10-11
55c
:
$1.06'A
(quar.)_
•
$1
Class
9-23
1
25c
3%ft
$1.31 '/4
Co.,
11-
25c
Standard
Elevator Co.___
Pacific American
Fisheries
Gas
5-31
$25c
Products
10-14
9-28
1-49
25c
Works,
convertible
Drill
12'ftc
6-20-49
20c
common
Lamp
$40c
2-28
25c
Electric,
50c
$1.25
1
6-15
10-11
250
Corp.
United
10-31
5
Inc.
10-21
12-20
11-
11-
6-25-49
2c
convertible
Udylite
9-11
11-30
15c
_
Corp.
$4
3-21-49
9
1
(Ed.) & Co. (quar.)
Schwitzer-Cummins Co.,
common
6
1
10-
10-
Bros..
Standard
Otis
Paraffine
283/4c
25c
preferred
Pacific
10-13
25c
common
(quar.)__„
preferred
(quar.)
Pacific
9-30
25c
Common
7ft
9-30
10-15
25c
(quar.I.¬
10-15
$1.20
preferred
Ontario
9-30
(Minn.) —
(quar.)
(initial quar.)
Company
5(4 ft
10-20
10-10
$1.75
—
Works
A
Speer
Common
4ft
9-30
pfd.
.)
80c
9-24
Arms
4.8ft
Common
Oklahoma
San
preferred
Southern
10-20
10-15
10ft
—
Aircraft
1
Northwest Airlines, Inc., 4.6% pfd.
Oilgear
Louis
5ft
10-15
Co.
(irreg.)
Co
preferred
$1.50
4'ftft
Royalty
Tung-Sol
11-15
10c
._
(initial)
Francisco Ry.—
preferred
5
1
$1.25
2nd preferred
6ft
10-
12-
12-15
4-
50c
15C
Paper Mills,
6ft
10-14
11-15
9-20
1-49
1-
50c
Quarterly
United
Co., common
(quar.)
preferred
9-24
1
accum.)
preferred
Match
1st
$2.40
10-15
Northrop
Ohio
Lawrence
$6
12-16
11-
1
10-11
10-11
31'Ac
6
87'ftC
(quar.)
(quar.)
preferred (quar.)
12-16
$1.25
Power
pfd.
Common
10-15
37'ftC
5
12-
1
1
10-15
50c
Trinity Universal Insurance
$3.50
(quar.)
Flour
12-23
1
(accum.)
States
$4.80 pfd.
Lawrence
12-23
11-
(Del.)
25c
—
Edison
Bell
1111-
$1.75
Corp.
Tom
1
9-27
&0c
50c
Co.
Paper
Southern
Service—
Co.
$1.50
(quar.)__
(quar.)__i
common
(quar.)_
Cotton Mills
5
10-
12-
Corp., Ltd.—
preferred (initial quar.)
2nd
preferred
(initial
quar.)_"
10- 4
15C
10-
12-16
of
(quar.)
Avenue
15c
(quar.)
States
Northern
Public
pfd.
$6
11-15
Common
Lawrence
90c
(quar.)
preferred
10-
9-17
—
_______
Common
stock
1st
South
;
5
10-15
300%
Chemical
Fifth
Southern
common
share
a
capital
Steel
preferred
20c
Corp.,
held
Inc.,
Sulphur Co
United
Cigar-Whelan
(quar.)
Corp.
87 Vac
Illinois
11-
$1.50
4.56ft
(quar.)
10-20
11-15
11-15
quar.)
Building Co., 6ft
Russek's
Corp.—
Refractories
preferred
Thor
9-24
1
dividend
Society
1
10-15
12-
(quar.)
Button
Electric
7ft
Russ
Solar
of
preferred
American
of
common
Mills,
Typewriter
4ft
Pacific
80c prior preferred
North
11-12
5ft
Common
9-20
9-15
Light—
Insurance
Ages
Stock
&
11-
Finance
9-20
9-30
9-20
10-15
(quar.)
common
Cotton
Common
In
10-15
1
(quar.)
preferred
of
Royal
G. &
amount
share
9-30
11-
Extra
1
93 %c
held
American
7ft
paid
each
9-22
55c
dividend
Robinson
'
E.
9
10-15
7ft
40
$10c
Inc.,
3%ft
9-30
10-
shares held.
fractional shares of
Co.,.
Island
Stock
dis¬
Gas
8
Union
(quar.)
B
Smith
of
Products
A
Smith
share
10-
$3c
9-30
Co.
One
Thomaston
9-30
9-30
held.
3 ft ft
preferred
preferred
$2.60
liquidating
1
10-
Corp.—
dividend)
Light,
10-20
$1.25
(quar.)
com.
Co.
share
on
preferred
Rhode
1
$1.50
(partial
&
10-20
& 1.06'/4
Water
Power. &
Oats
Rich's,
(Ohio)—
(quar.)_
Power
Texas
euch
9-30
Indiana—
(6/100ths
6ft
1
9-15
Light
11-
Co.
Chemical
(stook
ior
10-15
$1.25
pfd. (quar.)
Republic Investors Fund—
10-1
-
10-15
Electric
&
share
Textron,
10-15
t
9-
10-15
—
Company
9-30
10-15
.10- 5
33'ft ft
Products
9-30
$2
—
$1.60 non-cum.
3
$37'ftc
(quar.)
Texas
9-10
$75c
Corp., 5ft preferred (initial)
Knitting Mills, Ltd.—
ttegent
9-24
Subject to the approval of the SEC.
of
10-
9-24
&
of
&
preferred
Reece
5
4
dividend
tribution)
6ft
9-30
1-2-49
10-la
12'ftc
American
10-15
tr
12-
4
Brunswick Telephone Co., Ltd.
(quar.)_
England Gas & Electric Assn. (quar.)
New York Air Brake Co.
(special),
Newberry (J. J.) Co., 3%ft pfd. (quar.)
Niagara Fire Insurance Co, (N. Y.) (quar.)
lieu
$1.50
12-
10-
'-Special-
.
$15c
-
10-
New
Stock
20c
$1.25
quar.)
(quar.)
Gas
Quaker
10-20
12-15
15c
New
North
10-30
Si
(increased
5
9-30
10-15
10c
dividend
10-21
$l'ftc
Quarterly Distribution Shares, Inc. iquar.)
Reading Company, 4ft 2nd pfd. (quar.)
6
10-11*
75c
Co.
prior
Purolator
9-30
10-
1
S2.25
Telephone
preferred
11-
____:_
preferred
Newark
6ft
10-15
10-15
Corp., Ltd. (quar.)
4'ft ft preferred (quar.)__
Car
$5
■
Mfg.
1
Transmission
dividend
10-21
$$1.50
_
(quar.)
Ltd
Schuster
.
L_
National
9-10*
9-30
25c
&
10-15
10-15
25c
___:
' Extra
1
Corp.—
Extra
National
11-
10-15
12'ftc
(quar.)
preferred (s-a)_
$2.50 non-cum. class
Sound
Rumford
"12-15
$2
.
56'/4C
$2.50
Lock
Co.
(quar.)
Manufacturers & Stores
Common
11-23
preferred
-
10-
Toledo
Colorado,
common
dividend
Puget
7ft
.
Gas
each
Cash
9-30
12-12
2c
Hosiery Mills, Ltd., class A (quar.)
National Lead Co., 6% preferred B
(quar.)_
National
10-15
12c
50c
National
National
9-30
50c
(quar.)
Co.,
for
12-16
25c
(quar.)
(quar.)
preferred
Gas
12-28
10-15
15c
Share
Stock
10-
45c
(quar.)
(quar.)
Co.
dividend
Rotary
10-11
Co.
Mines,
of
preferred
Indiana
Rock
40c
Cash
Co.
Service
Rochester
37'ftc
__
Tennessee
10-14
10-15
10-15
10-20
25c
Co.
—
9-30
$1.50
10c
(quar.)
Dome
Service
Stock
9-30
$1.50
System, Gft preferred (quar.)
Telephone Co. (Hawaii) —
Mutual
10-14
5c
Electric
6ft
$7.20
_
East
4'/2 ft
1
12-
$1.62'ft
this
__________
Stock
1
1
6c
&
Public
9-30
5
10-
'
on
Public
10- 4
lc
preferred
Mountain States Telephone &
Telegraph
Mullins Mfg. Corp.
$7 preferred (Being called for redemption
9-30
11-
Gas
15c
—
9-24
62'ftc
(quar.)
Tennessee
60c
Gamble, 8ft preferred (quar.)
Proprietary Mines, Ltd
Prosperity Co.,
5ft
preferred
(quar.)
5ft
preferred (quar.)
9-29*
10-15
12'ftc
_
Mills, Ltd
Power, common
(quar.)_
9-17
10-15
$1.75
common
partic. preferred
non-cum.
Procter
Development-
Rice
•
25c
25c
Corp. of Canada—
1st preferred
(quar.)
6%
10-15
10-14
50c
Mining
10-11
$1.25
One
Co
General
Preston
10-11
37ftc
(quar.)
Extra
5ft
1
10-30
lc
States
10-
50c
Quarterly
Royal
9-30
$48c
(accum.)
Corp.
Oil
10-20
10-10
50c
Co
Montreal
(John)
$$1
15c
Paper
1
tauar.).
Tacony-Palmyra Bridge
11-
$1
(quar.)
Mining
6ft
9-20
10-25
15c
A
11-
,
15c
Monongahela Valley Water 7ft pfd. (quar.)
Monroe Loan Society, class A
(quar.)
Chemical, $3.25 pfd A (s-a)
.:_
Montgomery Ward & Co., common (quar.)
Mount
9-30
10-15
50c
Monsanto
Mountain
10-15
10-15
50c
Ontario
Rubber
Morrell
50c
Co.
$1.12%
9-29
20c
Tool
10-20
25c
Superheater Company
10-12
10-15
9-30
1
1
$1
Extra
$20c
$25c
Piping & Supply
10-
90c
—
Plymouth Cordage Co.,
Employees Stock
10c
Mercury Mills, Ltd. (quar.)
Miami
Copper
Co
Michigan Bumper Corp.,
Midwest
Co.,
&
1
25c
common
1
9-10
10-15
11-
1
11-
Holder9
9
25C
-
preferred
1
$1
(quar.)
Corp.,
10-
$1.50
preferred
10-
l'ftc
(quar.)
class A
10-30
10-
90c
9-21
10-25
47
Payable of Rec.
$ 12'ftC
Strawbridge & Clothier, commonSun Oil Co., 4'ftft
pfd. (quar.)
10-15
10-29
37'ftc
Morris
4ft
$3.60
1
10-15
30c
common
(quar.)
(quar.)
,
(quar.)—_—
!
Pillsbury Mills, $4 preferred (quar.)
Pittsburgh Fort Wayne &
Chicago Ry.—
7ft preferred (quar.)
Pittsburgh Screw & Bolt (quar.)
Philip
10-
20c
B__
11-
35c
10-15
l'ftc
Inc.,
Share
6
(s-a)—
10-15
5C
Oil, Ltd., 4%
Stores,
Company
25c
6
2-
15c
quar.)_
(increased
preferred '(s-a)
Philadelphia National Insurance Co.
15c
29c
Trust
11-
:: ,$ic
Co.,
common.
Plomb
$ 17'ftC
_
class
12-15
11-16
$1.50
6ft
9-15
5
15c
Co.,
McColl-Frontenac
McFadden
Co.,
Corp,
Investors
1-49
2-15-49
87'ftC
pfd. (quar.)
(increased quar.)
Ltd
Co.,
$1.06 '/4
preferred
Realization
Factor
Mount
1-2-49
t25c
Exploration (increased)
Calculating Machine Co. (quar.)__
Massachusetts
Motor
9-30*
75c
13 %c
(initial)
Oil
Martin-Parry
—
Mines,
Philadelphia
50c
Mar-Tex
Moore
Perron
-
25c
3 V2 ft
Cement
Gold
9-15
9-30
10-15
20c
(quar.)
Ltd.
Telegraph & Telephone
preferred
(quar.)
Miller
Permanente
10-15
10-15
$1.06'/4
Extra
Max
1'
preferred
(quar.)
Salt Mfg.,
10-15
25c
Maritime
7ft
11-
50c
25c
Co., 4'A ft
Marchant
Pennsylvania
Peoples Gas Light & Coke
$1.50
Co., Inc.—
4'/4ft preferred A (quar.)
Mading Drug Stores, common (quar.)___
Maracaibo
9-30
(1
1
When
Per
Name of
10-22
25c
(quar.)
9-30
9-23
&
H.)
preferred
10-15
$75c
:
__—
(R.
62 ViC
(quar.)
10-15
$1.50
(quar.)__
(quar.)
common
participating preferred
Participating
(irreg.)
11-5
Telephone Co.—
10-15
Publications
Common
Maltine
Common
$1.25
$1.50
Macy
Peninsular
3-20
'
preferred
6ft
MacFadden
12-20
(1403)
Holders
Payable of Rec.
75c
(quar.)
31'/4c
$6
When
Share
,
Inc.
40c
(Walter M.), Ltd.
&
1-2-49
4-1-49
$1
(increased)
MacAndrews
of Company
Tilford,
62'ftc
(quar.)
preferred (quar.)
Lowney
&
62'ftc
,
preferred
cum
Name
(Ky.)—
5%
CHRONICLE
--f
(quar.)
Common
5%
Holders
Park
preferred
FINANCIAL
&
Per
Payable of Rec.
Dock—
5ft,' convertible preferred (quar.)
5%
COMMERCIAL
THE
Number 4739
11-
1
10-15
dividend.
Canadian non-residents' tax.
deductible at the &ource.
Non¬
7ft.
tax.
income
tax.
_
________
4
.
48
(1404)
THE
General
COMMERCIAL
Shawinigan Water
Corporation and
The company has
permission to create
Investment News
bonds.
gage
asked
(Continued from page
profits,
capital
$2,076,000,000
duties
In
and
stock
addition
similar
and
paid
was
similar
out
in
corporate
Federal
levies-," he said.
to
the
and
payments
wage
12)
taxes.
The
State excise
great
of
and
to
to
the
issue
will
cancel
bonds
FINANCIAL
be
Provincial
$25,000,000
designed
to
Electricity
25-year
provide
of
Gross
revenue
"4"; 1948
Laboratories,
country's
largest
V.
Inc.,
wholly
a
Expenses
// 6,866,146
charges
Exchange
Provision
for
Prov.
p.
of
for
Net
depreciation
and
1
Schlumberger Well Surveying Corp.
Privately—The
the
placement with
3%% note, due
an
Scullin Steel
of
Selling
and
sold
expenses
335,547
™—_
Profit
from
operations-.
L„—
income
Gross
income
Income
Prov.
:
$695,350
Silver King Coalition Mines
Period End. June 30—
246,764
per share
1,028,861
30
$1,655,016
(het)
6f
JUNE
30,
and
Int.,
but
1,220,467
before
1,220,467
-depletion.
-
Int.
tLoss;—
Earnings—
1948—Month—1947
$407,489
$378,165
202,329
$4,184,851
154,654
2,027,355
686,724
132,633
1,500,924
Railway
Net
oper.
railway
Total
revenues
Balance
of
sink,
fund
income
fund
of
if sink,
,400,937
10,073,106
,621,829
be
259,517
7,309,078
,914,142
transf.
maxihi,
made
are
income
to
be
to
earn.
permissible
against
transf.
surp.
capital
income_____
to
earn
charges
and
other
$13,386
•$30,152
$169,551
--
168,
4,981,518
168,
2,832,861
output
this
Exchange.
Exchange
longer
168,
1149.
p.
of
result
a
the
week
ended
Sept.
in
re¬
lected
to
manage
stock
of
its
tric
of
the
V.
168,
President
Sept.
syndicate
a
funds
required
1150.'
P.
cor¬
$6,954,998
$4,685,316
i;
1,348,203
1,335,158
$3,337,113
$1,815,127
91,115
33,521
expenses——
———
—
'•
,V
Total
'•
\
\
;
J
—
income
i
,
,
$5,006,677
Interest
$3,428,229
i
$1,848,648
13,285
Intangible drilling and devel. costs.
1.703,247
Deplet.,
1,025,481
1,187,109
500,000
deprec.,
amortiz.,
etc..:
Federal income taxes
Net
profit
Capital shares
Earnings
:+
current
T.
V.
The
issue
$559,489
1,234,232
$0.45
30.
liabilities
1948.
totaled
assets
current
$3,414,198.—V.
has
company
purchased
amounted
167,
p.
to
$14,666,731
2692.
Sept.
29
stock
to
made
Of
the
steel
it
essential
that
merchandise,
present
It
is
out
to
sources
he
of
expected
aluminum
begin
in
Henry J. Kaiser interests
Bristol plant for the
purpose of producing porcelain
sanitary equipment exclushtely for Sears, Mr.
Houser said.
postwar demand for various types of
ekpand
The
announced
interest
FleetWing, Inc., of Bristol, Pa.
Arrangements have been made with the
enamel
-
on
Substantial
a
Kaiser
>
plumbing
Sears
said.
the
168,
will
p.
its
supply
Kaiser
deal
according to
Bristol
steel
Mr.
factory,
products
sanitary
be manufactured
expand
The
supply,
that
and
producing
cabinets.—V.
for
equipment
will
fixtures
for
merely
this
has
type
supplement
Houser.
ceived
at
&
the
Co.
Gross
Net
sale
per
share
1948.
at present
Kaiser
is
turning
enterprises,
in
November.
The
bathtubs, lavoratories
and
Will
items
sink
1048.
99.278;
,
dividends
Trust
will
be
July
28
on
Net ry.
Bros.
FOR
portion
a
.
_
MONTH
Net
ry.
railways_
railway
income™
open
program.—
\
OF
TRANSPORTATION
<j»
Net
'
12,243,496
12,106,559
88,117,914
87,784,182
Other
Federal
county
Joint
rents
fac.
•Net
by the
-before
15,
1949
15
Sept.
30,
1948
The
1,423,329
11,718,709
Crl 1,656
63
1,764,370
13,630,403
the
842,513
Under
interest
to
initial
dividend
of
20
cost not less
sale
Tho
cents
of
certificates were
interest cost of 2.363%.
Bros.
&
4,410,239
34,870,429
31,044,099
d£bt,
or
other
to
mature
1958.
Par
in
$435,000
value
New
than
these
—
and
Y.
subject
are
Sept.
29
tm
Other bids received
(Inc.), 99.08;
-
Inc.,
■'
-
,
.
"
.
a
bid
at the
99.11; The Fifst Boston Corp.,
Harriman Ripley & Co.,
Not
redeemable
in
it
has
exercised.
California
Refining
■
Its
Co.
Refining
55%
of
Co.
the
wholly-owned
stock
of
y
Standard
by
California
y:
its
over
the
this
Perth
then
new
fa
company
t
..
that time reserved the
option to purchase
interest in California
Refining from Barber.
agreement
with
Barber, the option to buy the 45%
California
of
the
Refining was an amount equal to the aggregate
shares, plus simple interest at the rate of 5%
1, 1947 or date of acquisition for subsequent
Jan.
to
date
the
on
of
purchase
shares
Standard
less
held.—V.
the
168, p.
amount
750.
of
any
^dividends
v^--'VV-.
V*
\
i
,
Utilities, Inc. below.
The corporation's Dayton, Ohio, plants are
ity, R. N. Webster, Chairman and
President,
.
of
sale
99.Il;
now
.
has
been
for
our
such,"
and
into
for
for
products in
said
Mr.
overtime
auto
our
both
Webster,
operations
"that
and
our
on
at capac¬
Sept. 30.
automotive
have
we
beyond
operating
announced
aviation
been
regular
divisions
forced
40-hour
fre¬
week.
has also been
increased to meet customer require¬
especially for jet power installation,
instruments
accessories
hardware."—V.
line
168,
Standard Utilities,
The
stockholders
including spotlights,- thermostats and
p.
889.
authorization
99.405,
were:
to
on
Inc.—Change in Name Voted—
Aug.
16 approved
Investment
Co.,
Standard
change
a
Inc.,
change the investment policy of the
company
in. securities of all
types without regard
ment
corporation
States
corporation
586.
p,
'
It
was
of
also
permitted
America
gross
or
of
to
not
as
to
invest
less
in
and
so
to
~
this
of
name
also
voted
permit
to
invest¬
industry.
in
subdivision
any
assets
securities
thereof;
the
of
and
in
any
$1,000,000.—V.
than
■
159,
v;.
.
Staley Manufacturing Co.—New Plant—
"announced
manufacturing
been
is
having
(A. E.)
1
Sept, 17 that
on
methods
completed
by
this
and
large
a
proposed
company.
pilot plant for testing
in plant layouts has
new
changes
V.,
•
>
"
.
The pilot
plant, a threerstory steel, concrete, brick and tile strubtdr'e,.
provides 35,000 square feet of working space and the newest
equipment
for conducting
semi-plant scale manufacturing operations.
Sik years
of planning and two
years of construction preceded -completion of the
plant.—V. 168, p. 1150.
>
Staten Island Rapid Transit
August—
Gross
Net
1948
from
from
railway^
railway__™i._
)-y.
from
from
Net
ry.
net
Salomon
,
1947
'
-
$2'83,387
20,931
•36,030
1946
v
"
\
$340,091
•
)--64,217
,
/1 V
1945s
$443,019
.
172;633
3,217
-84,488
2,167,163
2.286,281
3,809,727
109,424
•353,706
136.630
1,463,296
*306,871
.695,043
•
,
1—
railway.
2,430,910
82,634
railway™^
oper.- income.™ .*"*•
•Deficit.—V.
a
••
*14,229
•52,073
income™.
oper.
From Jan.
Gross
•
.
%■•-.-
Ry.—Earnings—
$289,359
'
"
Net
Net
to
Harris, Hall Co.
and Lehman Bros., 99.05.
" '
.
that
interest
Standard-Thomson Corp.—Operations at
Capacity-^
.
semi-annually from
semi-annual-dividends
York, N.
certificates
'
*
! f1•
Standard Investment Co., Inc.—New
Name—
■V-
$11,600,000.
awarded
r
California at
from
purchases,
The
v"V\.
.
HUtzler,
(jointly).
the
iti
corporation
To be unconditionally guaranteed as to payment of
par value and dividends by endorsement'
by Southern Railway.
These
certificates are to be secured
by new standard-gauge railroad equipment
and
of
value
annually
853,166
1948;
:
'•
remaining 45%
par
13,317,842
89,594
payable
'■
the. company
Crl2,221
79,210
prior to maturity.
to
owned
17,947,064
2,272,173
15,
of
J
announced
v.Vv-;
automobile
15,
board
are
.
of
aviation
15)
1
.....
ments
Oct.
Baltimore,
personnel
Refining
exercising its option to purchase the
remaining 45%
from
V
>..
v-,.-.'
.v;V\v
-:,.j ■■>.•■ ■
original purchase was made from Barber Oil
Corp. in October,
101,133
Oct.
been
.
Barber.
17,845,931
by the Interstate Commerce Commission.
shareholders of record Sept.
28,
operations on. May 14, 1948.
Henceforth
quarterly.—V. 167* p. 2692.
commenced
payable
an
to
and
has
California—Acquisition—
23
California
152,347
Thomas & Co.
(April
the
4,422
Oct.
of
Corp.
which
11,997
city
Ry.—Equipment Trusts Offered
dated
makes
California,
16,034,110
Halsey,
Stuart & Co. Inc. and associates on
Sept. 30 offered $8,700,000 2y4% equipment trust certificates at prices to
yield from 1.50% to 2.50%, according to maturity.
Other
bankers participating in the
Offering are: R. W. Pressprich & Co.; Bear, Stearns & Co.; Equitable Securities
Corp.; Gregory & Son, Inc.; Hornblower & Weeks; Otis
& Co., Inc.; L. F. Rothschild &
Co.; First of Michigan
Corp.; Graham, Parsons & Co.; Wm E. Pollock & Co.,
Inc.; R. L. Day & Co.; Freeman & Co.; Hirsch & Co. and
be
ranges
Oriole, Acorn
,
2,624,107
•Before provision for interest
charges on outsttanding
168, p. 1150.
To
Roberts,
and
^V;:
Oil
Barber
2,037,238
,
directors
1
minority
personnel
,
stoves,
gas
names
of
Ala¬
involved
1
the brand
Frank
the
Production
4,935,801
W.
management
Sept.
on
purchase
quently
nonoperating income items.—V.
Southern
fcompany
4,870,828
income
oper.
domestic
the
the
money
board
Its
■.
9,318,604
(net)-
and
Oil Co.
851,075
10,029,984
(net)__^__
and
under
.
615,197
rents
ry.
j'
1,175,237
taxes____
commercial
sard
Moskowitz
include
'
said
113,839
1,499,190
to
The amount of
,
Francisco,
1.294,047
and
also
L.
Philip L. Moskowitz as Chairman, Sidney Rose, Ben
Joseph H. Hoodin and Fred Weiland, all Cincinnati; C. H.
taxes
taxes
said
was
Philip
with
taxes.!
taxes
transaction
Birmingham, Ala.
manufactures
"Demand
taxes
'
announcement,
-
to
This
J
39,705,499
retirement
Federal
income
"
•
the
industrialists,
1948—8 Mos.—1947
J
expenses-
State,
Vu'.
See
oper.
ins.
The
public.
Standard
of
1945
45,065,974 385,942,375 344,726,849
32,959,415 297,824,461 256,942,667
unempl.
Rose.
Corp."
Who made
*
local
exchange;
51,948,995
Fed.
Equipment
Moskowitz-Rose
The
V-:1.'.
revenues-
ry. oper.
Gas
attorney,
San
option
re¬
oper.
rev. from
.•
.
'
be retained.
,
^
SYSTEM
1948—Month—1947
' y
.
168,
•"
1946,' at
a
price of $3,122,000.
Barber had
turned
Amboy
refinery
and
marine
terminal
facilities
to
California Refining Co. and i'Fceiv'ed the
stock
bids
and
1946
:
ehSfge -of
-
Cincinnati, announced Sept. 16,.that
substantially all outstanding common stock
of
by 'two
made
received
_
'
,
•.'V;
FIRST EIGHT MONTHS
.
ln
1939.—V.
since
Syndicate,
control
headed
G.
The
99.39;Halsey,
V
1947
Director
Lehman
Other
Inc.,
$2,233,348
.
interests now include Frederick Iron & Steel,
Inc., Frederick, Md., manufacturer of stokers,
pumps and other items;
Empire Case Goods Co., Jamestown, N.
Y., manufacturer of bedroom
furniture, and Rice & Adams Corp., Buffalo, N. Y., manufacturer of
dairy equipment.—V. 141, p. 769.
.
301,390,736 270,705,793 255,883,916 332,666,068
65,236,983
64,358,131
27,870,910
9ft,236.631
25,340,085
21,333,638
16,004,245
25,204,763
_
EARNINGS
Railway
Railway
AND
$543;T13: $2jB02,324
.
•;
Co.,
.
$2,939,074
" V 705,726
193,097' ^' 764,140
•
which are distributed
Vulcan,
Mr.
Hoodih
said.
will
1—
from
from
99.433.
Hutzler,
&
'.(>r J,:' 'v[' •'
Philip Moskowitz
$41,123,752 $35,487,685 $35,246,682 $41,201,940
9,126,999
9,105,549
5,702,996
10,975,892
3,633,136
3,162,174
2,541,848
3,462,249
.
income
From Jan.
Gross
of
&
Ripley
f "■-.•/
$2,915,829
i
23,24*
/
"$739,810 ..$3,586,464
■
Advertising
Hoodin,
Standard
CO.
1948
oper.
bid
a
Salomon
Harriman
been
ovens,
Rose,
dated
•
iailway
railway
estimated
recently-'declared
payable
This
be
were:
Inc.,
from
from
Issuance
Trustees
construction
has
members.
Elec¬
■.
Brothers, 99.215.
April
which
the
early
include sinks,
sources
Sharesholders Trust of Boston—Initial
Dividend—
The
raise
&
^ ^
,
■
r'' 1948—12 Mos.—1947'•
,
243,973
-
is
Standard
held
to
are
awarded
was
50,000
$1.02
Houser, Merchandising Vice-President,
this
company's
to
Gas
dividends by Southern Pacific Co.
Issuance and sale subject to approval
the Interstate Commei-Ce Commission.
565,903
Sears, Roebuck & Co.—Buys Stock Interest in Sani¬
tary Equipment Firm—
that
that
'fo
Indiana
stock
common
Oct. 1, 1948, to mature $1,105,000
1, 1949, to and including Oct. 1, 1958.
Certificates
unconditionally guaranteed as to payment of principal and
be
275,000
1,234,232
V""
$734,716V. $3,577,484
■:
5,094
'
/ 8,980
1
Foundry Co.,
United
June
of
of
annually from Oct.
will
Equip,
•Consolidated.
NOTE—As
and
sell
Co.—Equipment Trusts Offered—The
Corp.; Kider, Peabody & Co.; Dick & MerleCorp., on Sept. 29 offered ,$11,-
The certificates
866,205
$1,261,543
51.■■■';'
15,
paid'.on
$2,748,211 $12,676,138 $10.93»,427
2,013,495
9,098,655
8,014,597
2,325,640
'
H.
Moskowitz,
050,000 2lU% equipment trust certificates series Y at
prices to yield from 1.60% to 2.50%
according to ma¬
turity.
Miscellaneous
$1.32
-
Jah.
on
Were
Gas Equipment Corp., 'Baltimore—-New Con¬
-•
reorganized
Smith and Lee Higginson
659,970
$1,616,321
1,229,230
outstanding™™;
share...
per
the
made
,
Stetler, has fceen elected Vice Presideht
He
Standard
S.
and
Southern Pacific
First Boston
Fed.
Balance
Other income
to
$3,150,285
2,124,235
________
*1946
$4,830,763
175,914
Operating revenue
Operating and general
1947
.
amounts
,
'
not
and
&
subsidiary, Southern
V''
;•/ ''
1948
-
Was
ElectricCo.—Earnings—
$630,420
acquired
bama
1259.
p.
&
Southern
Corp.
Co. have been se¬
its entire interest in the common
Barney
■
effect.—
Del.—Earnings—
received
share
per
like
-15,
the
cumulative
share
per
..
cents
168,,p.
4,859
Mosk-owitz-Rose
the
and
Commonwealth
Smith
amount
for
,
of
that
29
additional
an
Period End. Aug. 31—
Seaboard Oil Co. of
„
25
1947,
$3,195,175
1
syndicate
1948,
the
year,
wholly-owned
Co., and
•
Quarter Ended June 30—
Sept.
share /on
5%
stockholders
cents
last.
In
$869,535
other''deducts.
'Joseph
25,
compared with 2,644,000 kwh. for
an
increase of 24.4%.—V. 168,
as
',
1
has
of
Co.—Weekly Output—
for
company
Whiting.
announced
Net
which
record
per
the
on
1948—3 Mos.—1947
»
iftcome
The
August-
Trading Ban Eased
trading in these securities will continue to be
suspended as
the Exchange's independent action
taken on Sept. 3.
However, the prohibition upon over-the-counter
trading
sulted from the SEC's suspension orders is no
V.
(Del.),
R.
EARNINGS OF
The SEC announced Sept. 27 that its second
order suspending trading
In Seaboard stock expired on
Sept. 26.
This stock is listed on the Baltimore
Stock
'
Justin
1048. >
p.
1,
V' $874,393
167, p. 1156.
trol—
889.
p.
Holdings—
Stuart
deductions.—V.
Seaboard Commercial Corp.—Stock
^
1,886,389
3,944,686
surp.
capital fund chgs.
income—
:
500
31 V\
received
year.
(iret)
Standard
by
minimum
against
fixed
•After
to
and
fund and
made
are
9,476,800
492,767
774,649
_________
charges
Bal&nce
~433,854
1,106,530
"
income
of
cents
871,065
Southern Indiana Gas & Electrie
Co.-—Commonwealth
Southern Corp to Sell
&
$8,469,608 $89,887,825 $79 ,799,816
1,046,014
income
•Net
if
$10,148,070
inc.__
oper.
1947
July
on
this
income
and
was
Federal and State income taxes (estimated),
$62,595; deposits by employees for purchase of
1948—8 Mos.-
25
share
than
of
25 and Oct. 25.^-V.
income
750.
p.
1,430,656
■
insurance, $11,431;
1948—Month—1947
More
also
1,
.income.:
Advertising.
1,496,140
77,492
139,635
divs._
3,289,000 kwh.,
responding week last
compensa¬
Seaboard Air Line
RR.—Earnings—
stock
stock
JUly
-Donovan- B.
.
$3,967,412
$2,516
and
totaled
receivable (net), $66,000; other assets
(including $18,146 due
employees),.. $8,571,"- land, buildings, machinery and equipment
reserves
for
depreciation of $2,070,075), $3,750,669; deferred
charges (prepaid insurance, taxes, etc.), $126,436;
total, $9,526,861.
LIABILITIES—Accounts payable,
$413,241;
interest
on
mortgage
bonds, $29,666; wages and commissions, $237,439; workmen's
Period End. Aug. 31—
of
per
Standard Brands, Inc.—New Vice-President—
.
1948—11 Mos.—1947
(after
taxes,
and
oper.
Net
-V.
Southern Colorado Power
refunds
other
$
207,976,971
:'""C
235,432,879
stockholders
cents
Nil
63,009
deprec.
Eleccric
from
savings bonds, $2,659; reserves for
contingencies, $55,306; reserves for
rebuilding furnaces, $40,000; reserves for possible inventory
loss, $88,990; mortgage sinking fund bonds due Oct.
1, 1951 (interest at 3%
fixed and 3% income),
$1,318,500; 5% cumulative convertible preferred
stock
(par $50), $1,497,000;'common stock of no par
value-(issued,
139,987 shares including 309% shares in
treasury), $2,710,951; paid-in
surplus, $1,000,023; earned surplus,
$1,655,016; less common stock in
treasury
(309%
shares
at
cost)
$3,113;
total, $9,526,861.—V.
167,
P. 1261- ■
■'
'
preferred
Gross
+$65,212
•it
average
$407,156;
to
dividend
payment
Period End. June 30—
receiv¬
for
tion
paid
stock.
quarterly
Operating revenues
Operating exps. & taxes
of
reserve
1
-31'A
Southwestern Gas &
\
Other
$0.04
depreciation,
maintenance
•Deficit.—V.
$4,000), $2,766,099; inventories (at the lower
cost or market), $1,587,791; cash on deposit with trustee
retirement of bonds, $30; employees' savings bond
account, $2,659;
deposits with mutual insurance
companies, $49,868; Federal income tax
of
and
Taxes
V
v
of
preferred
April 25,. July
$56,960,
ASSETS—Cash, $1,165,208; notes receivable, $3,531; accounts
(after
taxes
Southern Canada Power
Co., Ltd.
$1.01
1948
Oct-.
quarterly
and
common
26
Net
$53,340
2692.
p.
Surplus
BALANCE SHEET,
1947
$
5,550,839
1948—12 Mos—1947
$102,561
1,220,467
1,220,467
$0.06v
share
per com.
Period End. Aug. 31—
Gross earnings
$1,208,014
$2.61
™
139,677% shares outstdg..
on
'"Including other operating income
able
167,
Oper.
surplus—June
Earnings
V.
$179,153
1,252,401
.
,
Earned
$70,765
shares outstanding
Earnings
109,804
$402,615
;
surplus—Jan.." 1_
the
39,SB'S
(est.)
6,333,171
on
regular
stock
initial
The
With
Co.—Earnings-
1948—3 Mos—1947
profit
Com.
$328,542
47,196
income
Earned
Y.—Files
company on Sept, 24 filed a letter of rtotificatioh with
the SEC
99,000 shares of common stock
(par 25c)
and options for the
Of 25,000 shares (owned
by Michael Kaplan) at end of 13
nibnths after public
offering of 99,000 shares.
Underwriter, Willis E.
Burnside
Co.
The stock will be offered at
$3 per share and the
proceeds used for general
corporate purposes.
3,739
$696,575
—
State income taxes
Company
the
April
•After" all
!
and
Rochelle, N.
Jan. 1 to Sept. 21
1948
•
:-.,s:"'vVv $
dividends.
The
$324,803
1,225
—.
charges
for Federal
Net
;
$327,317
purchase
•Net
Other
New
i_.
$
for
$3,899,267
3,293,396
281,068
5,672,755
general
The
The
Corp.
1,703,832
■,-:'.y,■
168, p. 1259.
convertible
$500,533
1,526,193
'■"//
Week End. Sept. 21
1948
1947
earnings
1948,
$682,164
1,588,927
:
income
oper.
common
1947
*$6|703,652
goods
1,089,125
a
1948
sales
Cost
$1,416,442
1,306,950
167, p. 51.
SEC—
Co.—Earnings—
Six Months Ended June 30—
Net
$1,807,483
400,000
1,306,950
—-
Sightmaster
i
private
$3,000,000
Sept. 1, 1960.
Dominick & Dominick
Clark, Dodge & Co. acted as agents for the company.
and
$2,389,114
dividends
1945
<
Southern States Iron
Roofing Co.—Declares Dividends
on
Notes Placed
—
announced Oct. 1
institutional investor of
company
^-V.
901,408
MONTHS
1946
162,696,333 145,195,376 140,687,651 174,875,512
40,420,716
32,064,287
26,058,6'94 '66,505,555
19,219,949
13,505,837
10,982,430
20,343,415
;;L-:
Gross
1,023,267
EIGHT
1947
2,838,599
,
Period-
38,578
1,500,000
1,575,006-
FIRST
■
railwayrailway
from
ry.
1,435,953
1,875
1,144,158
taxes
Surplus
-V.
income—
oper.
from
5,712,620
-
1,625,000
profits
Dividends
subsidiary, is one of the
and
penicillin
products.—
ry.
■From Jan.1—
Net
1,437,328'
1,875
income
Preferred
year.
owned
penicillin
Net
1946
AND
1948
railway-—' $21,517,379 $18,096,822 $18,939,277 $18,889,382
railway
~
5,738,238
3,884,737
3,802,520
5,324,325
from
Net
"
6,036,222
1,400,966
—
inc.
1259.
168,
producers
Net
Gross
1947
MONTH
from
$13,427,259 $11,881,177 $11,005,002
_.
Fixed
corporation has done considerable research in the antibiotics
field, Mr. Rosenstiel said, participating in the work which has in1creased penicillin production more than three
times in the
Schenley
Gross
with
company
FOR
August—
for
mort¬
COMPARATIVE INCOME ACCOUNT
6 Mos. Ended June 30—
$251,000,000,
past
first
$11,500,000.
The
,
Board
3%s
the
EARNINGS
making the application, Shawinigan
presently authorized but unissued 3'As
amount
Monday, October 4, 1948
Issue—
In
the
in the
CHRONICLE
Power Co.—New
applied
issue
bulk,
taxes, import
Schenley also
disbursed
the following
amounts
in
the
form
of
employee benefits
during the 15 years:
military benefits for employees on leave of
absence to
serve
in
the -armed
forces, $1,000,000; pension and trust
funds, $14,000,000, and life, health and casualty insurance for ernployees, $4,000,000.
.
&
expenditures.
authority
first mortgage
.
.
The
funds for capital
&
168,
p.
*392,733'
950.i.
,
--
v
Sunshine Mining Co.—Co-transfef Agent—
.<
-
;
The Guaranty TrtVst Co. of New York
has been appointed co-transfer
agent fot the capital stock.—V. 168. p. 52.
"
.'
^
•
-
Number 4739
Volume 168
y' THE; COMMERCIAL & FINANCIAL CHRONICLE
;••>.
.
Superheater Co.—Earnings—
•
.,
1946
y;
•
6 Months Ended June 30—
Profit
from
Other
Gross
—-
income
■'
Net
,
$1,047,251
"'$741,113
$896,864
shares-—i
bb2,855
862,855
862,855
$0.85
$1.04
-
common
proportion
of
*
of earnings
Canadian
of
v:
-/
affiliate.—V.
'
.
■
.
its
tained
in
168,
Unprofitable
tinue
on
operations
unprofitable
an
dollar
■of
Argentine
exchange
which
/
improvement.
iWe
are
continuing
further
negotiations
adjustments
and
with
relief
the
Argentine
correct
to
present
authorities
FACILITIES
is
plant
has
Frankei
been
Herbert
.
J.;
$400,000
said
The
sold
Siegel,
N.
of
assessed
Sept,
on
to
'n,
the company's Rochester, N. Y.,
of industrialists headed by Saui
V
group
terms
at
value
of
the
corporation
property
had
is
announced
the
closing
of
Marcn, owing to excessive operating costs.
castings operations havfe
been
concentrated
*"■;>
,yy
its
Rochester
The
at
6 Months Ended June 30—
Net
Cost
sales
of
Operating
Divs.
Misc.
and
(net)i
Prov.
called
Federal
for
Net
i;
Dr5,110
redempt,
profit
f...'
.
168,
52."
p.
83,832
$1.11
$2.37
Nil
mission
for
Stock Of¬
share. v'y
per
'
• .-.v.,.y:
COMPANY—Tennessee
In
Tennessee
Gas
Transmission
and
Co.
1947,
;
of
al)
the
the
business and
other
properties and
Tennessee Gas and
of
assumed
;
■
•1st mtge.
3%
Authorized
.
series
due
1967
:__
in
series
cost
4.25%
cumulative
preferred
stocky—
in
bonds
v
<
one
or
series
more
be
may
contained
Net
under
therein.
The
cumulative
preferred
stock
common
outstanding, ordered the transfer
of
$4,166,667
and
order
common
on
the
stock)
distribution
at
to
time
to
common
tions
The
following tabulation
capital of the company
stock
referred
sets
to
therein:
to
forth
the
changes in the
be effected by the transac¬
;
Outstanding
Issuance
stock
shares
and
sale
of
of
stock-.
common
400,000 shs.
of
2,100,000
$10,500,000
common
1
offered
now
Com. Capital
'
2,000,000
Total
^—
—
of
Total
share
one
outstanding
for
each
Oct.
20,
2,500,000
——
1948
on
three
$12,500,000
shares
4,166,667
3,333,33314
$16,666,667
DIVIDENDS
•outstanding
quarter'of
of
1946' at
ON
COMMON
the
STOCK—The
stock
common
1947
system.
of
has
been
and
annual
rate
of
the
company
continued
$1.40
per
initial
dividend
declared
was
in
the
first
in
three
on
the
the
last
quarters
share.
BUSINESS—Company owns and operates a pipe line system for the
transportation and sale of natural gas at wholesale.
This system
extends
Texas
from
into
the
West
San
Salvador
Virginia,
a
!
The company's system was
200,000 Mcf. of natural gas
in
of
October,
200,000
1944.
Daily
Field in
the Rio
Grande Valley of
distance-of 1,364 miles.
initially designed to deliver approximately
per day and was first put into operation
deliveries
during
1945
averaged
in
excess
Mcf.
Commencing in 1946, the company's average daily
; deliveries have been progressively increased by expansion of the com¬
pany's
facilities.
approximately
Average
260,000
daily
Mcf?
and
deliveries
298,000
during
Mcf.,
1946
and
respectively,
1947
were
exclusive
of deliveries made
through the War Emergency Pipe Lines which the
company held under temporary lease from
the WAA from Dec. 2,
paid
last
90
to
year
has
each
cents
cents
resigned
"% .iv'-.v,,.;
understood
111,905
■
he
that
is
Feb.
on
share.—V.
per
Loeb
&
Co.
Herman
board
of
the
of
and
I.
C.
Berniker
and
This
Pending
Financial
T.
Executive
will
683,155
856,928
633,346
2,179,000
stock
of
title
ident
and
.
2,250,000
Lester
,
M.
obtained from
became
to
April
l
On
April
1,
1
effective
holders
Sept.
and
of
into
i
July
July
In
1.
and
1
end of 60 cents.—V.
13.
title
tne
Webster
Oct.
1,
paid on
was
Sept. 24,
1947,
Its
at
or
the
the
cents
25
and
each;
Whipple
Bacon,
Other
I Total
Dec.
Robert
W.
Baird
&
i
[
'
$5,685,313
Net
$6,090,095
904,708
1,847,936
2,125,073
$5,569,610
$3,837,377
$74,128
699,720
631,754
569,964,
33,883
$837,694
$817,639
$705,883
$644,481
5,864
97,224
105,788
profit
„■
$026,443
dividends
and
such
as
'
424,140
—
should
be
have
;—
Sullivan
No. of Shs.
Lynch,
&
as
,
*'
$442,854$378,13»
424,140 ' * 424.14®
2,200
Stanley
Co._—
&
17,000
S.
Moseley
'
Wells
Mullaney,
Republic
&
Maynard H. Murch
Robertson
Dewar,
Dillon,
6,300
Paine, Webber, Jackson &
6,300
& Co.
Inc.__
Co.____'
17,000
1,300
—
Co
&
Boston
First
First
Southeast
.'1 2,200'
3,300
__.
Corp.__
Co
17,000
1,300
Co.____
17,000
Goldman, Sachs & Co.—
Graham, Parsons & Co.__
17,000
Forgan
&
Sulzberger
3,300
Ripley
&
Co.,
&
—-
—
3,300
Pierce &
-
—
Reynolds & Co.
—
_:
17,000
&
W.
the
a
Hutton
total
i'_
&
—
Co.
Co
2,200
soon
6,300
Tucker,
1,800
receiver
Kyhn,
Loeb
W.
Langley
C.
&
17,000
Co
&
Co
Lee Higginson Corp
Lehman
Laurence
Co.
Brothers—
M.
Marks
Anthony & Co.—
Neuhaus &
—
—
9,700
6,300
17,000
Co.
Union
Vietor,
H.
Chas.
&
Common,
1,300
Walker
B.
3,300
Whiting,
Mason-Hagan, Inc
1,300
1,800
—V.
—
168, p. 1049.
Dean
Co.—
Witter
&
two
and
had
scale
and
cash
company
most
has
Commission
from
some
1,700
of
to
the
been
resume
operations
summer
examining
while
the
the
con¬
:
Aug. 31 Totaled $1,283,247—
holdings of $1,283,247
U.
S.
District
Court
cash
the
holders
also
that
as
at
of
Aug. 31, an
Chicago,
111.,
production
Co.--—-
3,300
days
are
after
22
of
for
dealer
the
reported
others
franchises.
The
suit
asked
that
a
company.
that
are
28
more
new
cars
have been
completed;
than
half
completed.
They
are
one a week.
and preparations for mass assembly line
practically completed and can be finished in about
the
company
decides to begin volume output, the
at
company's
bric£
30
the
enable
to
skeleton
a
with
appointed
finished
The
2,200
—
on
filed
be
1,300
—
Weeks &
needed
v.'..-
company
date
being
2,200
notes
notes,
addition, the company held $605,502 U. S. Treasury bonds.
accounting was filed in connection with a stockholders' suit
—.
White & Co
Stubbs
Merrill. Turben & Co
&
notes
Sept. 23.
throughout
In
and
The
to
Dann &
Co.
G.
The
filed
17,000
Securities Corp
said
Exchange
corporation
Hornblower & Weeks.;
Underwood,
is
been
and
accounting
showed.
2,200
their
on
.
.
Cash Holdings on
The
3,300
3,300
——
off
pay
reported
dealership
$8,500,000 to $9,000,000. About half
due for payment after the end
' ;
•
•. "t
the corporation has been writing dealers ta
books.
Spencer Trask & Co
&
to
was
for
rate, the source stated.
17.000
McCormick
1
have
cern's
1,300
dealers
payment
that
by
represented
source
money
which
1,300
part
the notes since July when they agieed to submit the cash as
possible.
Payments have been coming in at a generally satis¬
as
The
4,200
its
on
in
estimated
has
is
company
up
Securities
&
given
year.
A
1,300
Pay Notes to Provide
and distributors totals from
Smith, Barney & Co
—
surplus, $31,482,397; total, $46,226,366u
working capital, it
more
were
company
this
of
4,200
6,300
Co.
<141,380 no-par shares), $3,534,500; com¬
calling
is
gain
notes
Harris, Hall & Co. (Inc.)
Hemphill, Noyes & Co.
Kebbon,
stock
country.
The
1,800
Scranton
corporation
effort to
an
These
factory
Stringfellow
&
dividends payable,
etc.,
$321,336;
against cash, $747,850;
accrued
exoenses,
2%% debentures, due March 1, 1961, $7,360,000;:
etc., $350,965;
This
pay
3,300
Moreland
Shields
>
accrued,
Tucker Corp.—Asks Dealers to
1.800
and
Rowles, Winston & Co
Scott
.investments in U. S. Government
Working Capital—
2,200
'
Riter & Co
Schoellkopf,
JUNE 30, 1948
loaned
<$1 par), $2,429,318;
168, p. 1188.
—V.
of
Co.
—
Mosle
3ff,
$46,226,366.
securities
stock
dealers
1,800
Inc.
Rotan,
taxes,
mon
1,300
& Co.
Ino—
Co.,
for
$6 cumulative preferred
in
Prescott, Hawley, Shepard
Chas.
1,300
Inc.
&
due
1,300
Co.———_—
Fenn
Pitman
$250,827; total,
9,700
Pomeroy, Inc
&
Co.
Harriman
Co._—
:_
Rauscher,
Equitable Securities
Estabrook
Northwest
Curtis
Phelps,
&
1,300
Read
1,800
1,800
Ohio Co
Pacific
—
■'
1947.
in
cost, $1,754,729; securities of and advances to majorityowned subsidiary corporations, $5,761,082; securities of other
corpora¬
tions,
$36,623,211;
dividends
and
interest
receivable,
$142,395;
re¬
ceivable for securities sold, $30,275; special deposits for dividends, etc.,
1,300
Co._—
& Co.
The
Co.
'
•
4,200
& Co
4,200
Clark, Dodge & Co
2,200
17,000
1,800
Mitchum, Tully & Co.—
F.
com¬
income tax in
for Federal
sale of securities for six months ended June
BALANCE SHEET,
,
140,065
regulated investment
a
$1,542,295, compared wtrh $427,159
LIABILITIES—Interest
The Milwaukee Co
Morgan
was
;
Pierce,
Beane—6,300
Moroney, Beissner & Co.—
-•
&
Co.
Central
32,137
94,141
£
155,395
$609,522
424,140
liability
no
ASSETS—Cash in banks, $1,663,846;
principal
Fenner
NOTE—Net profit on
1948
$74,517
10,410
'96,465
105,788
f,
securities—at,
underwriters and
underwritten by each are as
the
Merrill
3,300
Inc.
Bosworth
1945
AY'I'ii,'. 97,072
4^—-.—„
$3,965,022
Emergency Pipelines.
>
,
'
1946
1947
'"Corporation has elected to be taxed
$6,474,318
34,140
22,760
1,300
2,200
year-
a
$84,036
8,391
$6,090,095
Co.,
Blyth & Co., Inc
29,
2,651
income
,
4,262
Co.
as
were
1.948
income
$5,681,051
Co
&
rate
$93,430
______
Dividends
959,780
to
stock
paid
made:
common
same
741,613
earned
$5,514,538
stock
»
as
,
2,039,000
of
Title
of
identity
;
.
the following payments
Tri-Continental Corp.—Earnings—
.2,,142,000
Co
&
Sept. 29.
168, p. 1188.
6 Mos. End. June 30—
2,057,000
Securi¬
Abercrombie
banking
on
division
,
share
,pjsr
record
Interest
of
shares
the
given by the Banking Board
integratio
efficiency,
Oct.
12^,000
names
the
trustee
division.
Sears, President, on Sept. 22 reported that sales and
continuing at satisfactory levels, and that despite man^
rising
costs
required
an
increase
in prices
are
on
1,830,000
War
of
member
a
Vice-President and
a
insurance
Title be
Lawyers
was
contemplated
'"Taxes
from
'.
Towmotor Corp.—Sales and Earnings Satisfactory— T
*;
$6,619,724
sales
St.
?
Corp.
elected
& Trust Co., Lawyers Title will retain
company.—V. 166, p. 310.
' :
' ,
•
separate
128,966
&
•
reported un
1 'i
Brothers, InCw,
Y.—Acquisition—
Guarantee
Expenses
ta
of
Weld
9o8.
p.
was
MacDonald
to
vice-Pie
its
head
permission
its
551,388
Corp._
White,
brought
5
168,
Banking Law of the State of New York requires that authority
purchase the
Board.
1,924,656
272,069
3,412,582
480,633
4.292,632
No. of Shs.
Lovett
^
1049.
p.
Lawyers Title, has been
bank
The
to
7,562
follows:
&
.
each
Resigns—
it
President,
as
returning
168,
dividend, of 30 cents
59,379
•
646,004
UNDERWRITERS—The
number
of
'
EARNINGS
$5,646,499
the
made
were
:v":
engineers.—V.
earnings
1,102,191
Hallowell,
line
20
Title Guarantee & Trust Co., N.
miscel.
income
of
:■%
•
•
appli¬
$G,748,690
the
pipe
of
,
Glore,
the
company's
pending
1,062,100
_____
and
taxes
♦Exclusive
'
holders
to
A similar payment
Barnard Townsend,
President, cn Sept. 29 announced the acquisition
by this banking institution of Lawyers Title Corp. of New York through
the purchase of the entire capital stock of that
company from Kuhn,
$20,407,718 $18,438,627 $14,310,639
4,753,465
4,259,015
3,317,431
4,955,581
income
cash proceeds to the company will be added to
general funds of the company and will be used from time to time,
along with other cash resources of the company, for the expansion of
net
dividend
1948.
' y;
.
5,340,404
resale-
The
;
outstanding
PURPOSE—The
stock
Sept. 15,
.
94,742,459
73,564,224
259,568
201,546
yy.
-± '^23,071,375 $20,295,813 $18,379,248 $14,303,07,
Corp.
833,333 Vs.
5, last.
aisiribtaions
1
Dittmar &
Issuance
these
by
AND
t
Pancoast
400,000
.
5%
a
Co., New York, N. Y., has been appointed trustee
$642,900 of fust mortgage bonds.—V. 123, p. 2533. .
,
.
for
108,811,315
298,113
343,578
(Inc.)
No. of Shs.
paid
April
MacDonald
on
income
ties
namely, 833.333V3 sharps. Such distribution will result in the receipt
by the common stockholders of one additional share of common stock
(par $5) for each three shares of like par value held by them on the
date.
SALES
GAS
_S_ $23,220,813
oper.
Stone
that
$3,471,861
respect of the above net income.
Nov.
of record at the close of business on Oct. 20,
(including holders of record of the common stock now offered),
an
equivalent amount in par value of additional common stock—
$4,260,864
1
Colonial Trust
pany
common
1948
record
covered
re¬
the common stockholders
of
OF
total
on
is
The
•
Commission,
Power
the
stock
$440,766
D
320 East 57th Street Apartment Building,
(57th
Apartments, Inc.), N. Y. City—Trustee Appointed—
of
approximately
149,438
local
Other
issued
M.
Preferred
100,000 shs.
2,500,000 shs.
5,000,000 shs.
.—_
12, 1948, from paid-in surplus (premium
capital
cost
..
aggregating 200.000 shares, are outstanding.
Additional
shares of preferred stock may be Issued by the board of directors from
time to time, subject to certain restrictions,
ton Sept. 7, 1948, the
board of directors, in order to effect a further increase in the number
of
Federal
the
before
period 125,749,626
sales',w
Federal
14,—ClU
1,890,3*9
holders of record
casn
23.
It
gas
average
for
,u"0 L
1,837,157
company
to
on
industrial
July 31, '48 Dec. 31, '47 Dec. 31, '46 Dec. 31, '45
Operating ^revenues;
Federal
spectively,
.Stock
be
to
shares
the
that
100,000 shs.
stock—_
(par $5)
^cumulative preferred stock and 4.25%
of
of
Maintenance
be issued under such mortgage
$300,000,000, so long as any bonds of the 2?4 % series
due 1966, or of the 3% seriek due 1967 are
outstanding.
tCompany is
authorized to issue 400,000 shares of preferred stock (par $100).
The
preferred stock is issuable in series and two series, designated 4.10%
limited
(mcf)
sales: For the
State,
14,115,000
tiy-KV' *:"v'
mortgage subject to the restrictions
principal amount of bonds which may
is
estimated
2,418,000
:v
Jchn
Sept.
,
preferred
♦Additional
to
Total
25,000,000
400,000 shs.
cumulative
stock
the present time 15 com¬
rated compressor horse¬
at
presently
facilities
additional
the
Gas purch.
Operation
b,b'<4
230,799
Co.—Pays 5% Stock Distribution—
the
dividends
which
Gas
10
Third Avenue Transit Corp.—President
y,:y;;y•'•ys'"."'';
Daily
a4i,Lot>
$5,434,44»
$651,139
1,
Iy47,
total
Ridge, Tenn., which will bring the total
company's system to 1,060,000 Mcf. per day.
the
estimated
♦Volume
638,967
$6,165,932
quarter, which, together with the extra of 10 cents
Oak
at
prnni
12 Months Ended—
-
63,u38
$680,439
236,438
stock
Interest
39,998.000
,,
14,115,000
of
is
84,968
$896,952
1948.
T
$33,848,000
25,000,000
——
4.10%
^Common
>
39,998,000
—_
Debentures, 3Vb'/c due 1966
Bank loans, 2 % due 1948-1956—
tPreferred
stock
(par $100),
issuable
pending
Other
Outstanding
pipe line bonds—issuable in
2%% series due 1966-.
$33,848,000
series:
is
1951.
CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING
.
•
assets and
Transmission Co.
at July 31,
163,450
1049.
ufacturing
April
liabilities
its
4,886,592
v
SUMMARY
1, 1940.
On July 18,
1947, such company was
consolidated with its wholly owned subsidiary, Tennessee Gas Trans¬
mission Co. (Del.), organized on June 9, 1947.
The resulting corpora¬
tion, Tennessee Gas Transmission Co. (Del.), acquired, as op July 18,
all of
rof
incorporated
was
service
in
put
operation
in
EXPANSION—It
y.'
'
In
$136,000,000 which is also
subject to increases in the costs of materials and iaoor.
It is expected
the portion of the company's expansion program covered by applica¬
tions now pending will be substantially completed by the latter part
fered—A banking syndicate headed bv Stone & Webster
Securities Corp. and White, Weld & Co., on Sept. 28 of¬
fered 400,000 shares of common stock (par $5) at $30.25
been
Oct.
made
was
aggregate of 188,200
an
capacity of
cations
Co.—Common
to
program
in
use
The
■
Tennessee Gas Transmission
On
of
delivery
$5,526,965
income
168, p.
common
to 1,000,000 Mcf. per day, and (2) the extension of service,
East Tennessee Natural Gas Co. to the Atomic Energy Com¬
the U. S. Government for delivery of 60,000 Mcf. per day
through
-"$18,101
83,832
has
also
applications
capacity
$198,844
83,832
$617,401
_
Thermoid
-
authority to increase daily delivery capacity to a total of
1,060,000 Mcf., cover principally, (1) the extension of the company's
pipeline system to make direct deliveries in eastern Ohio, Pennsyl¬
vania and western New York State, thereby increasing total delivery
121,872
r
^
'
57.063
.
$811,984
income.
-
seeking
*$3,776
14,325
2,o'<b,*77
74,977
l,obi,A-v»
25,635
deductions
Net
expended as of July 31, 1948.
However, it may be that
material costs (particularly steel) and higher labor costs will
the estimated cost of $40,000,000 to complete this program. ■/
The
311,169
charges
—V.
increase
,
w
Field
Dulce
of
Miss,
OF
385,756
Cr6,994
income
Miscel.
been
higher
Dr900
y
:
$93,102
v
i,i
♦Loss.—V.
had
Dr6,583
+
$320,716
;y-'.
taxes
i
229
•Capital shares outstanding
Earnings per share———
-
8,976
.
had
line
stations with
current
758,349
Dr)
(net
oper.
1948—8 Mos.—-1947
Dr),
(net
income
Fixed
of
authorized and under construction, increasing
the
delivery capacity of the company's system
from a previously
authorized capacity of 264,000 Mcf. per day to 660,000 Mcf. per day
will be approximately $112,000,000, of which approximately $72,000,000
1
.
$150,165
for
income
1.936
Dr7,328
—
:
bonds
on
the
$3,707
v'f.
2,904
—
(net)
expenses
Total
Prem,
$309,574
$159,699
miles
85
Station
one
COST
$2,428,412
65,248
and
company
•Greenville,
company:
Frog & Switch Co.
discount
and
income
,
V.,
large dehydration plant and numerous smaller dehydration
plants*, six major aerial river crossings, 24 major submerged river
crossings and one bridge crossing over the Mississippi River where one
18-inch pipe is supported on each side of the highway toll bridge at
2,370,044
54,660
,
from'/subsid.
The
power,
1946
•
$4,366,498
3,991,676
expenses—3,913,017
plant & properties
63,940
American
Interest
.•1947
-
and
income
ree'd
,The
-
$4,136,656
Depreciation of
i
1948
sales
W.
Cornweil
pressor
step]
Taylor-Wharton Iron & Steel Co. (& Subs.)— Earnings
Stratton-Agua
miles'
1,180
Texas,
transmission
Y.—V.
N.
the
from
Christi,
from
plant
company's
Depew,
Corpus
near
main
miles
The
ago.
.■r*'VZiTy Y'-i
-V :•
line
20-inch line extending from Kenova
Hope in West Virginia.
In addition, 556
of parallel 26-inch line and 73 miles of 20-inch extension line
the Carthage'
Field, Panola County, Texas, to the company's
$1,000,000.
Jn
168, p. 12C0.;
weeks
two
over
pipe
99 miles of 16-inch Lne extending
in the Rio Grande Valley of Texas to the
Duice Field
line
extending
24-inch
the
to
the Assets Realization Co. of Newark,
"considerably better" than the high bid
conducted
transmission
main
consists of
and
San Salvador Field
Kenova,
of
were
auction
an
of
,
President,
the
SERVICE—Company's
.
dividends
$5,631,767 $51,660,252 $40,020,207
4,225,461
38,391,382
30,2bu,3il
452,101
4,988,451
3.122.72&
4,648,842
accruals
rentals
Total
-
that
29
Rochester.
of
IN
Stratton-Agua
announced
was
1948—Month—1947
$6,597,937
oil
1,364 miles long
from the
Symington-Gould Corp.—Plant Sold—
,
this year paid four quarterly cash
outstanding stock.—V. 168, p. 889.
the
revenues„__
ry.
Other
has a
incorporated
of
also
on
expenses
rentals
Net
company
was
acquisition
tax
Equip,
unprofitable
operating conditions.—V. 168, p. 52.
It
Ry.
Jt. lac.
wholly owned subsidiary, Coast Co.
(Del.)
in September, 1946, and which is engaged in
end gas leases and development thereof.
The
company
has invested a -toia-l of $900,000 in this subsidiary, repre¬
sented by $100,000 of capital slock and $800,000 of demand notes.
mo
for
Operating
Operating
company's principal deliveries of natural gas are for the system
Columbia Gas System. Inc., through sales to its subsidiary,
The
the
v
has
each
cents
Texas & Pacific Ry.—Results from Operation—
The
which
date.
company
75
Period End. Aug. 31—
Fuel Gas Co., and for the system of Consolidated Natural Gas
Co., through sales to its subsidiary, Hope Natural Gas Co. Sales to these
customers are made under long-ierm contracts which provide for the
sale of increasing quantities of natural gas as facilities for .its delivery
are
installed by the company.
The company also regularly sells gas
under contract to eight other customers.
to
year
such
The
of
1,060,000 Mcf. of natural gas per day.
system to a total of
of
date, which con¬
Unfortunately also the availability
dividend remittances depend shows
basis.
upon
this
aiter
United
Hanson,
our
the company is actively engaged in
time
present
The company's pipe
line system extends approximately 600 miles
through a natural gas producing area in Texas and Louisiana.
The
company
currently purchases all of its natural gas requirements in
this area under gas purchase contracts.
President, in a letter to the stockholders, on
Sept. 23 said in substance:
The amount we recently received from the Argentine Government
as
a
partial payment on our claims for adjustments to cover higher
operating expenses incurred from October, 1946, to May 31, 1948,
while
he'pful, is not 'sufficient to offset the losses we have sus¬
O.
At the
program
to attain such capacity.
In addition, the
has two applications pending before the Federal Power Com¬
for authorization lurther to increase the delivery capacity of
mission
The
Swift International Co., Ltd.—Operations
Joseph
York Stock
Exchange desiring to receive the certificates in proper
denominations, must notify the company, 135 East 42nd St.,
York, N. Y.r on or before the close of business on Oct. 8, 1948^
Split-up of full shares into scrip certiilcates will not be permltcea!
company
"....
.
New
authorized by the Federal Power Commission
construction
a
Pay 2^% Stock Dividend—
directors
have declared a 25/a% stock dividend on the commoa
payable Nov. 15 to holders of record Sept. 27, 1948.
8cri®
certificates will be issued in lieu of fractional shaies. Members oi
1948.
of
4»
stock,
the delivery capacity of its system to 660,000 Mcf. of natural
day.
per
gas
87,535
549,000
$1.21
.
750.
92,474
454,000
The
contingencies, to increase delivery capacity to 600,000 Mcf.
by the end
to expand
$1 ,533,399
Texas Co.-—To
approximately 367,000 Mcf. per day.
Company
455,000 Mcf. per day and expects, subject to
delivering
The company has been
.
Deliveries during the first seven months*;'
1947.
averaged*
have
day
per
383,838
.1'
taxes
income
presently
unforeseen
$1 ,149,561
(est.).———3
——-——
■"Exclusive
1947
••
$963,515
324,072
-1
.
>
$1,287,587
.
Earnings per share.——
p.
1948
$1,413,175
369,577
1
•
1946
1948
is
$1,782,752
94,501
641,000
1*
income
Number of
,,
i
,
Depreciation
Federal
;
,
operations—-——
income
through April 30,
of
(Exclusive of Canadian Affiliate)
(1405)
,
the
rate of
program
stated
The accounting also showed
totaled
$8,446,206
and
that on Aug. 31 thq firm's current assetsliabilities $2,237,402, a ratio of 3.7»
current
•
50
(1406)
to
1.
The
Assets
THE
has
compnny
Administration
which
is
The
has
company
distributors.—V.
$1,300,000 cash
acquisition of
for
in
included
not
current
168,
A
and
about
2,000
dealers
Twentieth Century-Fox Film
total
Oct.
of
1,985
shares
of
preferred
pripr
stock
will
be
50
to
drawn
on
share
redemption on Nov. 22 at $100.84 per share (being the
price of $100 per share, plus accrued dividend from Sept. 15,
1S48 to nov. 22, 1948.—V. 168, p. 1188.
and
Sept.
on
cby the company of
»branch, extending
branch
at
Howard
and
issued
13
:branch line
a
westerly
Boleus
certificate
a
of
from
known
railroad
connection
a
the
Loup
to
Uleasanton, approximately 22.1
Counties, Neb.—V. 168, p. 1189.
Buffalo
miles,
all
Co.
in
for
25,OOo
<$10
shares
par)
and
conversion
will
in
the
Each
preferred
used
Phoenix,
notification
(85c
par)
stock.
preferred
stock,
stock,
common
Preferred
with
Bourbeau
will
construction
Douglass,
&
be
of
a
the
series
offered
four
similar
A
Curb
shares
of
close
of
the
at
and
cash
of
of
in
honor
Oct.
on
•
••
1948,
stock
a
slock
000 on
or
A
of
unsettled
$5
28, 1948, as to the denomina¬
stock of American Light & Traction
fractional
shares
thereof which they will
conditions
throughout the world,
a
common
on
$12
common
the directors
of
Sept.
dividend
23
Jan.
on
of
the
on
by
Blumbtrg,
Los
in
the
have
stock
motion
decided
this
at
picture
omit
to
it
time,
31, April 30
each
cents
and
July 31,
made
were
in
Ariz.
nautics
Board,
which
will
trips
has
Washington,
enable
made
air
within
D.
travelers
is
C„
to
The
157c
result
of
saving
air
the
federal
the
Civil
on
ticket
minimum
a
the
*Net
plan
of
two
same
expects
this
Four
year.
v.
—V.
four
transportation
15,
Harold
inaugurate
United
to
company
Internal
tax
the
on
officials,
as
Revenue
commuter
travel
new
Crary, Vice-President-traffic
Aircraft Corp.
Looking
be
more
ahead
to
less
or
duction
of
shipments,
the
tickets
On
by
plan
and
on
sales,
before
or
and
six
months
and
of
the
into
production and to a reduced level
experimental
sales,
in
accordance
with
the
owners
The
sion
for
of
At
Dec.
to
June
credit
31,
1947,
30,
1948,
of
was
of
previously
five
banks
of .:
Yost
President
$25,000,000, and
the loan had been
the
loan
$25,000,000,
still
since
in
to
$10,000,000.
full.
remains
The
entire
available
Prior
line
the
to
ect
.plant
for
extensions
purchase.
for
The
production
^operations
the
at
the
of
Division
has
and
is
in
to
;
30,
the
of
1948,
for
to
shipments
Period End. June 30—
from
i
amounted
Mr.
L.
is
50
now
168,
*
INCOME
income
Cost of goods
manufacturing
calls for com¬
The
\
Sept.
company
948,000 of
the
six
quarter
series
months'
time
C
years
old,' is
90.
period;
for
Net
.aAT
$
lien
Gross
97,086,165
£8,890
bonds
Net
"After
18,911
279,339
and
in
.178,550
45,823,251
80,402,889
1,035,029
17,308,102
5,743,731
3,416,873
$0.63
$1.91
$1.04
$1,443,196
the acquisition
for
no
effect
on
depreciation
of facilities from the U.
accounts
and
and
S.
interest
Cost
in
available,
obsolescence
of
cash
investments
in
in
ICC
to
issuance
approve
The
stocks
Gross
for
the
quarter.
SHEET,
JUNE
30,
of
short-term
will
notes.
The
bonds
b.e used
to
retire in
will
thq^npxfc tJPPj:
.
many
earned
1946
will
1945 '
:■
$7,303,821
$7,167,292
2,452,043
1,956,060
1,519,695
1,963,260
1,046,407
738,831
579,561
595,102
this
of
The company is offering
cumulative
Without
convertible
to
residents
preferred
underwriting.
Proceeds
stock
will
of
Iowa
10,000
$10)
at
capital
shares of
$25
per
'
July 3,'48
Arkady Co.,
of
15,298
Judge
Paul
on
the
merits
cumulative
Leahy,
Del.,
of
at
Sept.
the
a
hearing
29,
granted
corporation's
preference stock.—V.
u v
32,886
property
and
plant
261,337
35,828
items
159,404
31,151
income
and
before
and
incl.
exps.
buildings,
on
costs
advertising—,
machy.
and
administrative
;
>\
166,049,.
8,560,404
2,024vO(K)
to
,
marks,
Deutsche
in
remittance*
authorized
States
U.
6,536,404.
Germany—J '
order service to all civilians in GerRussian Zone, was announced by the
orders, although "unlimited in amount,
personal or family purposes.
Payment
money
and the
Money
charitable,
for
■
,
1,671,033
278,049
*1,084,526^
.
'2,839.033
/l,168.001)
VCrJl2,0Q0
subject
the
to
usual
internal
Germany.'
in
slat.oned
personnel
in
the
American
Zone
remittances in the
S. dollar travelers
S.
841,365
377,654
179,647
1,030,000
per
share
common '
$2.07
1948,
Oct.
on
retroactive
cents
15
to
share
per
Aug.
1
quarterly
a
2,
was
made
The
1948.
cents per
of
first
on
first
the
The
Aug.
two
18
to
special
Harris
168, p.
common
Trust
&
Savings
■J*-TheSEC
^re
'
(
.
Bank,
West
115
*.
;
Redemption-^
Nov. 1, next, at lt)0.7a
'■ A;
v
company
covering
being
i'V ■'•'u
57,000
offered
tJ\^ -:"a':(V•;.;
by
shares
($2
-A
,
\
■ v
registration statement with the
par) common stock, bi<'W!iiich 12;000
filed
Sept.;27
on
Chicago, HI.
X ;Vvr,
Pa.^Regi$ters' W^
(E. §.y Uo., Inc., Reading,
■
Street,
Monroe
168, P. 7789.-
^use
paid this
890.
corporation has called for redemption on
SEC— :•■
distribution
stockholders
quarterly dividends
share each.—V.
•;
interest, $40,000 of first mortgage bonds, series due NOV. 1, 1977.
will be made at the l' irst Wisconsin Trust Co.,: tiustee, jmiU
'Waukee, Wis., or, at the option of the holder, at the Chase National
Bank of the City of New York, 11 Broad Stieet, New York, N. Y>, or
$1.35
year,. a
'
and
paid to common stockholders of record
dividend of 25 cents per share. 'To make
the
Co., Pittsburgh—Registers With
Payment
$1,150,892
f
L.)
(Edwin
Wisconsin Public Service Corp.—Partial
722,000
$1,665,641
.•
C
.
177,493
1
—
Sept. 13 authorized the company to assume obligation
in respect of not exceeding $1,600,000 equipment^trust
on
,
619,197
353,115
taxes
ICC
liability
The company on Sept..28 filed a registration statement with the SEC
covering 200,000 shares (no pari common stock.
Underwriter, Hemiihiil, Noyes <fc Co., New York.
Proceeds will go to selling stockholders.
Company manufactures electrical heating elements.
,
'
r
|
Com¬
a
(iompany and 45,000 by three Sfockholderi.
the
Underwriter, fSuplee, Yeatmg.h & Co., Ihc.ivPhiladelphia.1; "'Price, '®7ifl2-V4f
'each, -u Proceeds from -company's offering will 'be used td pay
for;
opening a new branch s,tore; in Lancaster, Pa.
Business of company
Shares to Common Stockholders—Underwritten
of
'
is
iA^©fchandisihgifinV:.RUt<jirtcci^e,C'^
by
.'-j.
v
record
share at the rate of
Oct.
held.
13,
The
1948.
$140
one
share of
%
■«'After Federal
subscription
The
warrants will
expire
on
excise-taxes
First
an
Boston "Corp. and Johnston,
investment banking group which
The
funds
to
proceeds from the sale :of the'Stock will be added
of
company.
provide
"stamding
for
bank
Company
,
within
<of
.
the
It is
part
loans.
1948
and
of
its
The
will
the general
company will use these funds
construction
program and to repay
out-
estimates
company
purchase,
that
area
of
distribute
expenditures
Washington,
adjoining territory
in
and
sell
of
for
and
" ' $0.2i
for
the
three
months
1948),
492,464
■'. $2;02
depreciation,'
4
A'*>
JUly. 31,
ended
■•V'!
1948,
-
,
continue
radio
to .accelerate
and
is
planning
for,
a
substantial -volume
during the balance of the year. ;
"A'A'-'A j'.
is continuing to receive substantial orders for car
leading 'Automobile: manufacturers'.■
-f'
»y.lA-'
volume of the new single unit Model 75 hearing aid is being "
business
company
radios from
"Sales
comprising, the District
Maryland
492,464 A
.
$0.77
provision ($62,309 in
for,contingencies./'.A.
F. iMcDonald, Jr:,; President, on Aug,>;25, said:
"During the past ,f«w weeks' there has , been ..a- noticeable upturn
sales of console .combinations;
The company .anticipates thai sales
will
gas
maintained on,'
Virginia.
According to an unaudited.'statement for the 12 months, ended
June 30,
1948, operating revenues were $4,476,554 and net income
$1,976,570, equal to $3.01 per share on the common stock. \
492,464
"
tax
E.
;A
; in
"The
natural
and. reserve
NOTE—Shipments
total *pp$oximately-• $6,500';000.
subsidiaries
metropolitan
Columbia .and
to
expected .the
income
\ U;J.[ I,
f .'A.,i;>;1945^^>
$101,132 ,J
$993,336 .
--
:
:v $376,744 U
profit;;:d._;■
$104,969
-Number of ;shares_-A--'_
:
492,464
Earned per share_:^3— A. "
a $0.21
has underwritten the offering and will
purchase any un¬
subscribed shares.
•
'
share
Quarter End. JKly
r'X«;
Vaav?y- > h JV1 •«'ft*
Corp.—Earnings—
31— V' A'' 19487.A r?'" '1'947
*Net
stock for each five
new
'
Zenith Radio
Sept. 29, 1948, rights to subscribe for
102)000 additional shares of common (no par) $21.50 per
the U. S. District Court ,at
10-day period for filing briefs
plan for the retirement of its $3
'
Br6,446
.
9,502,190
vehicles
■
income
10,117,372
expenses—
debentures—
Federal
were
stock
in
,v'
'
.SEC—
$44,497,072 $41,262,576
30,285,393
28,737,689
expenses
sold
sell.
Group Headed by First Boston Corp.-Johnston, Lemon
& Co.—The company is issuing to holders of its common
a
168', p. 788.
-
-
■:•■
17/
abroad
Wiegand
31,360
43,191
income
■construction in
Wilmington,
—
.
$44,094,187 $40,960,587
47,231
47,188
Ltd
;
sale
-rate
mon
funds.
(Del.)—To File Briefs—
8,566,850
['r
4,066,557,
■' 25,000
.
The
United Corp.
'AT 33)498
certificates, series Q, to be issued by Mellon National Bank & Trust
Co., as trustee, and sold at 99.3819 and accrued dividends m connec¬
tion with the procurement of certain equipment —V. 168, p. 1090.
July 5,'47
.
company on Aug. 18 filed a letter of notification
covering the
above shares.
The shares have the
privilege of conversion at any time
'before redemption on a share-for-share
basis for common stock ($10
par.)
A ■
.
:• •.
.,
Prl25,417
.
Wheeling & Lake Erie Ry.—Equipment Trust Ctfs
Co.—Earnings—
Lemon & Co. head
(par
*1,252,524
■}f: *1,080,526
A
.:;-.a.4,ooo.
Berlin
made
of
The
of
goods
shares
of
3.172,693
132,551
Germany
6,217,570
company
.20
494,733
23,833,955
Washington Gas Light Uo.—^Offers
Rapids, Iowa^-Preferred
increase
3.495,188
will continue to be paid money order
military payment certilicates or U
cheques.—V.-168, p. 890..- •' •
A V,/A.-;
989.
p.
of j*ecord
Stock Offered—
-v
12,062,038
448,819
cable
of
made
United
64,672,505
8,998,661
14.
year
per
contra, $805,219; reserve for develop¬
plant
relocation,
etc.
$7,500 000'
5%
preferred stock ($100 par value), $25,886 500*
Cedar
be
charges
form
income
Sept.
$805,219;
Casualty Co.,
1,920,169
(,net)_:
Sept.
on
restricted
are
1947
t
of
The
$1,791,400
i$5 par value), $13,283,855;
paid-in surplus, $9 895!904:
surplus, -$66,928,394; total, $146,617,549.—V. 168,
p. 589.
United
627.284
*955,109
■
surplus
except
-
company
—V.
expenditures,
convertible
stock
B22.079
*506.290
.
Chble Money Order Service to
"Resumes
V' Resumption
Pays Larger Common Dividend—
bonds), etc.,
facility
.
transferred
inc.
earned
to
,
ment
1,045.356
inc.
——
Net
1948
S.
Payable,
$4,171,267;
accrued
liabilities,
provision for Federal income taxes,
$8,432,896; advances on
sales contracts,
$2,607,938; employee payroll deductions (Federal
taxes
common
11,239,959
112,768..
I
Net income .accounted
be
4,115,156
on
Net
47,105,5*6;
cumulative
inc._.
£
for during mOf
Deducts,
from .net
'
51,817,591
on
-.,L.I^BILITIES~Accounts
savings
ordinary
Delayed income
$15,-
6,546,791
and
jTncluding
subsidiaries not consolidated, $199,496; land'
buildings, machinery, etc. (after reserves for
depreciation, amortiza¬
tion, and retirement of $39,149,166),
$30,431,986; deferred charges
41,247,855; total, $146,617,549.
*
*md
874,813
514,516
139,716
—_
,
proposes
New York
16,030,756
Estimated
and payments,
secured
by
uncompleted contracts of
$17,044,660),
deposit accounts (per contra),
of
16,429,748
'
1948—7 Mos.—1947
17,019,239 112,062,750 123,419,750
16,504,723 111,187,937 112,179,"791
road
61,176,706
Interest
on
special
'
-
income—non¬
tnet)
8,201,050
General
Government
Treasury savings notes, $25,399 $21,343,104;
inventories
(less
reserve
for
hen, from U. S. Government
■$40,269,253;
U.
4oa,oft7
1948—Month—1947
—
to
18,990,858
Earnings
BALANCE
$26,916,636;
167,403
"646,006
in
69,929,846
sales
Delivery
Deprec.
purchases, etc.
CONSOLIDATED
ASSETS—Cash,
income
net
on
3,524,894
I,il7,8ti9
307,952
2,604,986
291,830
15,783,742
expenses
Ordinary
2,075 042
1,985,377
of
2,967,194
643,048
July 31—■
Operating
build
to
$7,842,189
income—
Miscellaneous
10,696,119
<4,031,122
$o.8l
•
2,564,197
v29l,olo
219,234
1945
■
revenues
Extraord.. current
refunding bonds.
Royalties
engineering expenses for which provision has been made
previously reported for the first quarter, such reclassi¬
interest, discount
©00;
license
a
the Roanoke River,
cost of Vepco projects
total
1948
products
Dividends—The British
sales
shrinkage
for
$9,079,477
Ward Baking
1,740,038
2,495,501
fication having
the
for
27 Weeks Ended—
79,402,081
2,332,029
6,00C,996
1,204,753
1,773,210
reclassification
of
Period End.
nominee
railway.
railway—
168.
Profit
share.
com.
certain
cost
management's
oper.. income
ry.
97,330,153
9,166,047
41,443
,
$4z7,578
140,127
37)858
,
Operating
'
Interest
exps.__
inc. tax.
.connection with
the
and
and
income
per
the
and
sold
from
from
Net
65,438
56,057,406 109,817,873
-1,156,192
_
■-•>
168, p. 96y.
also
RR.—^Earnings—
oper.
Gross
Earns,
He
company
:
the
railway
railway—
from
Net
—
1—
82,746
from
communication
asked
23
first
from
Net- ry.
a"A; $
■
selling &
Fed.
the
■■A A'
Wabash
1948—6 Mos.—1947
1,609
54,740,577
administrative
Prov.
the
Jan.
1946
$3oj, <01
76,859
^^33,713
$358,961
66,220
38,179.
$387,107
Western Union Telegraph Co.—Earnings—
aggregating $4,000,000 and" toreplenish the railroad's
working capital.—V. 168, p. 989.
Gross
56,036,886 109,449,644
^43,863
deprec.
devel.,
top.
bank loans
years
ACCOUNT
& services
amortization
Engin.,
explains
the
with
at
1.
of
—V.
_______
ry.
292.
p.
as.
the
for
From Jan. 1—
40,149,627
for
old,
years
been
' 1
p.
collateral
as
Oct.
Proceeds
ended
Net
sold
Prov.
60
has
retirement
occupied
Virginian Ry.—Financing Proposed—
•
54,528,781
—
Total
just
retirement
who
railway
railway—
oper.-income
From
.
100,
1947
1948
from
from
Net
the
purch.,
on
etc.)
is
early
Mabry,
has
for construction.—V;
:
'Unci.
(net)
disc't
who
dictates
he
Co.—Notes Approved.
Electric
Alabama—Earnings—
railway
Net from railway______
Net ry. oper. income-
approaching
which
post
a
Preyer,
Edward
and
his
announces
Carolina.
This will bring
$53.000,000.—V. 168, p. 1050.
to
$
areonautical
inc.
int.,
.Net
pen¬
by
the
Massachusetts
Gross
has been made by the company
$18,000,000 dam and hydro-electric plant on
dated
licensees—67,933
tOther
approved
for
company
tins
oi
1299.
p.
August—
proposed
a
been
Output—
propercieo
company's
Western Ry. of
in
1948—3 Mos.—*.1947
prod., parts & services
'Royalties' & other inc.
approving'
on
already
168,
outstanding debt and
and so
several
c
old
•.
of
18
has
1514.
p.
August—
V
Nov.
which
North
right of first
this new Dallas
some
Corporation for
$54,528,781.
For the
CONSOLIDATED
■
Co.
the
as
electric
tne
oi
>
$109,449,644.
j
Contracts, orders and government letters of intent at June 30,
1948,
amounted to approximately
$265,000,000, which compares with $240,000,000 at March 31, 1948.
Sales
Range
shares
Application
a
preparing
started
Aircraft
amounted
date
same
Copper
Roanoke River—
on
to
United
by
outstanding
,
Dallas.
Shipments
the
moving plan
to sell $9,500,000 of the bonds and will ask for bids
at its
plant
in
Connecticut,
while \
offices by noon of Oct.
,14^; Maturities and the interest rtrte will be
Dallas, it is anticipated that c. tNKermined
'before bids are asked.
*•/
-A/.- 'A-'aA;A A'p
on; simultaneously
at both locations until
The remaining $6,446,000 will be issued
nominally and be used from
that
time it is hoped that all operations
time
x>perations»*will be going
•the summer of 1949.
At
June
busy
and
the
As
pleting
certain
contracts
at
the
starting production on new''orders
will be
lease
actually
location..
new
vote
167,
company,
successor.—V.
of
cor¬
r
The Chance Vought Aircraft Division has completed
arrangements
the Navy under which it has leased for a term of
five years a
Navy-owned stand-by aricratf plant near Dallas, Texas.
The agree¬
to
owned
6.9
.....
Department of Public Utilities has approved
petition lor authority to issue
$11,000,000 oi 2-.95%
'■notes; to ue datea Oct. 1, 1948, and mature Oct. 1, 1973. Proceeds
irom
the
nnancing
will be used by tne company to retire other
West
Gross
will
which
that
1916
his
an
provides
Middle
Virginia Electric & Power Co.—Plans $18,000,000 Proj¬
with
ment
stock
Preyer
this
of
announces
poration.
refusal
and
6.9
•
a
reduced
paid
was
however,
past
the
corporation
three-year line of credit
thereupon borrowed $15,000,000.
Co',
Gas
1-—
Cj.-—
-i——
Robert C. Jones &
Sept. 25, 1948, amounted to 111,097,000 kwli.. an increase
over the
output' of 100,250,000 kwh. for the corresponding
1947.—V.
Of
—V.
William:
our
reported,
for
&
Lukens
Western Massachusetts
Vick Chemical Co.—President to Retire—
as
which
group
of
Electric
11,200
employees,
the
a
week
of America—Proposed Pension Plan
directors.—V.
years.
with
taxes.
10.81%
may select to offer for sale,—V. 168, p. 989.
stockholders
plan
board
policy
amount
income
to
sell at competitive bidding
120,000
respectively, of company's ($9 par) common
bids also will cover 34,800 shares of
common
Vanadium Corp.
schedules,
government
Federal
competitive
remaining
ten
the
including
permission
for
Peninsula
of
individual
many
year, operations will
incident to the intro¬
expenses
SEC
company
arranged
charges
34,000 shares,
and in the third quarter by the annual plant
shut-down for inventory and vacation
purposes.
However, with six
months of
the
year
now
behind us, operations for the year taken
as a
whole are expected to be on a
reasonably satisfactory basis.
In June,
1947, in connection with the purchase of facilities from
in
all
Consolidated
Invitation
Upper
said.—V. .168,
29,
asked
shares
—
costs
after
of
ouiput
ended
week
6.9
...
Coe_—6-9/
10.125
—
Olds
&
Robinson,'.Ronrbaugu
West Penn Electric €o.—Weekly
Puwtr
1947 '
$1,709,807 *$2,470,167
490.
p.
Sept.
Corp.
used
models
excluding
customers'
last
affected
new
charges
The
a
which
Quarterly Statement—Fred¬
erick B. Rentschler, Chairman, and H. Mansfield
Horner,
President, on Aug. 27 said in part:
\
all
profit
168,
stock.
to
after
Percentage
■'
Mackali
10.125
Nolan, Inc
168, p. 1189.
'■'
'
Goodwyn
25.0
Reapath
dividenus
quarterly
Corp.— 1
Auchincloss, Parker &
1947.
•
.
Boston
Folger,
Upper Peninsula Power Co.—Stock To Be Sold—
of
underwriters and, the
stock offered to, but not
which eacn has sever¬
lor,
Johnston, Lemon .& Co.
10.125
mex.
Brown & Sons—' 10.125
payment
None
612,000shs.
/.
several
First
points
1299.
p.
loss
Aero¬
transportation.
United
Oct.
15%
between
is effected, according
ruling by the Bureau
recent
a
eliminates
in
a
with
commuter
new
a
save
30-day period
the company's 80-city system.
on
filing
the
of
names
by me holders of the warrants,
agreed to purchase,- are as follows:,
A •
The
announced
bu.oou sns.
4u,0U0shs.
—.
jrerceniage
1948
Net
it
announced
par)——-
par)—.—A'l—900,000 shs.
(no
UNDERWRITERS—The
CONSOLIDATED EARNINGS FOR NINE MONTHS ENDED JULY 31
corporation
(no
stock
subscribed
—
50
•
8,000,000
40,000 shs.
'
.
respective percentages of the shares of common
President.
United Air Lines, Inc.—New Commuter Ticket Plan—
This
pid. stk.
cum.
r,~'
based
Cheever Cowdin, Chairman of the Board, and N. J.
Distributions
of
25' cents
each
were
made
J.
1.000,000
-
A--—AA 8,000,000
; >
par)_____90,000 shs.stk, (no par).—
60,000 shs.
pid.
Common
industry
the
was
.
;
^
(no
conv.
^.ou. cum.
,
common
of
V;
-
>.•
v
,r
'
JUly 1, 1955—
$4.25 cum. pid. stk.
their
payment of the above dividend, to their ■customers
individual holdings of the above stock.—V.
168, p. 129J.
Aug.
'
notes, 2%. due: $1,000,000 annually July 1, 1949 to 1954, and $2,000,-
Sept.
on
,
13,315,000
.
'TSijl-—--1-—1.000,000
1,
of
at
in
,,
$3,199,500
Serial
brokers and
registered
Outstanding
$5,200,000
go.d coupon• bonds, due
ou-year
-
t.-
for
their
&
Bankers
by ,it
from banks,
said
lor
Nov.
aue
FINANCING
PRESENT
Authorized
bonds,
Refunding mtge. bonds, 314% series due
•
1970—aue June 1, 1970-----.13,855,000
Geoigiown Gaslight Co. first mtge. 5%
April 19 '
on
EFFECT .TO
5% 50-year gold
1, 19bO__——-
mtge.
,
Light
.
received
requests
4,
certilicates
business
lieu
made
was
,
GIVING
•
\-'u• .' ,'•*
General
'
to
l/50th of
has received notice that
transfer agent for the common
business
for
Co. held,
American
CAPITALIZATION,
>'•
of
Sept. 28, 1948; with
37Vic for each
distribution
Co.
Exchange
holding
close
Traction
Light & :Rys.
of record
rate
stock
&
>
.
rate
ally
Angeles,
proceeds
wallboard and lath plant
gypsum
United
A
York
Because
upon
at
the
at
Light
the
at
Universal Pictures Co., Inc.—Omits Dividend—
SEC
issuable
share is to be convertible into
prelerred
for
letter of
a
cumulative
shares
Underwriter,
be
filed
60-cent
of
100,000
of
share.
per
shares.
22
American
of
stock
Monday, October 4, 1948
;
■
common
27, last.
companies
require
on
Union Plaster Co., Los Angeles, Calif.—Files With SEC
The company on Sept.
stock
tions of certificates for the
City
of
New York, N. Y.,
Light & Rys. Co., will
names
Pleasanton
its
as
with
CHRONICLE
-V
the
on
stock
common
stock.
said
the
trust
abandonment
stock
Co.,
before
permitting
of
common
New
United
ICC
declared
Oct. 21, .1946, to holders
paid in lieu of fractional
Co.
of
Trust
Union Pacific RR.—Abandonment—
The
■■
■
on
be
July
The
been
common
shares
Traction
redemption
has
of
payable
cash
Corp.—Redemption—
for
4
share
each
be
A
dividend
one
and
1260.
p.
FINANCIAL
United Light & Railways Co.—Dividend in Stock—
equipment
assets.
stockholders
50,000
and
&
I
.with' the -War
deposit
on
machinery
COMMERCIAL
::
a
satisfactory'basis.
■*
.
A'-'
l:
AThe. pompanyMs :making fapidAprogress ih ;.the production of"4ts A
complete new line of television receivers'vto '-bei placed on the marker \
this fali."—V. .168, p.
652. ; ■
A
'
,'Av %
.
Volume
168
Number 4739
(1407)
:^Wg|::;STATE
51
AND CITY DEPARTMENT
PROPOSALS AND NEGOTIATIONS
r
•
*
^—___________________
ALABAMA
>y
V
City will fix and
Mobile, Ala.
tain rates for
i
Bond
Call—H. G.
Ziegler,;' City
Qompiroller, announces that varinumbered 3 Vfe-% tunnel rev¬
5ous
shall be sufficient
enue-anticipation term bonds ag¬
gregating
$206,000
have
been
called
for
redemption
Nov.
on
provide
of
such
1,
principal amount will be
and
on
after
surrender
ori
gotiable
of the
1,
1948,
bonds in
ne¬
form,
accompanied
by
1949 and all subsequent
May *1,
at the Chemical Bank &
coupons,
Trust
Nov.
Co., New York City. Cou¬
maturing Nov. 1, 1948, and
pons
prior
theieto
will
presentation
be
and
such coupons.
paid
Interest
from
the
•
Bond
000
sewer
Co.,
Refsnes, Ely, Peck
& Co., of Phoenix, at a price of
$26,000
ll4s, due
July 1, 1949 and 1950; $14,000
l%s, due 1951; $14,000 2s, due
1952; $15,000 2V4s, due 1953; $31,000 2y2s, due in 1954 and1;
1955;
$50,000 234s, due in 1956, 1957 and
1958;
and
$200,000
3s,
due
1959 to 1968 inclusive.
at
a
described
follows:
as
water
and
;•
1952
inclusive;
1953
;
to
1955
$30,000
inclusive,
$35,000
clusive.
hos¬
State
and
annually,
and at the
and
sewer
1,
in
in
in
time
collected,
addition
to
the
State, as
the prin¬
595,000
bonds.
Due
and
Aug., 1,
legality of the bonds will be fur¬
Pioneers
County, Calif.
Bond
syndicate
a
the
to
the
legality
23/4s, at
or
more,
or
182,000
of
as
bonds
sold
Torrance
High
District bonds sold
a
price of
101.16,
about 2.56%.
a
from
1949 to
on
Offering
terest
be
to
not
sewer
issue
An
—
exceed
3V2%
bonds
revenue
of
will
sold
11
atpublic; auction
at
(CST) on Oct. 18.
Dated
1, 1948.
Interest J-D. Due
a.m.
Dec.
Dec.
1,
follows:
as
$2,000
from
1949 to 1951
inclusive; $2,500, 1952
incl.; $3,000 1956 and
1957; $3,500, 1958; $4,000, 1959 to
1963 inclusive; $4,500 in 1964, and
to
-
1955,
$5,000 from 1965 to 1968 inclusive.
The
bonds
will
demption at
v
;;
be
subject to
and
par
re¬
accrued
in¬
terest, prior to maturity, at the
option of the City, in inverse numerical order on Dec. 1, 1953, and
op any interest date thereafter^
out of surplus sewer revenue, or
any available funds.
The bonds
will not be sold for less than par
.Von; the basis of the interest rate
.specified by the'bidder and ac~
crued,
interest.
The
purchaser,
however, will have the privilege
pof converting the bond issue
sold into
an
issue of bonds bearing
lower rate of interest
a
as
such
upon
'
terms
than
will
as
City-to
that
not, obligate
the
more, or receive
pay
less,
called
for
on
the
basis
'
*
ofv th^ rate and'price specified
in the, original bid.
The bonds
will be payable solely from
g
amount
the gross
levied on the
tax
a
sewer
be
of
interest;;
which
aside
the principal
nay
the bonds
on
amount
and
will
be
as
pledged
duly
as
a
fund-Ior that purpose in
the
i
set
special
an
ordi¬
16: be adopted by the City
nance
Council.,
*'i' >
the
become due and payable and
same
*,
of
users
'
v.
In
'
•
,
said
'
-
'
*!
•.1
-
ordinance,
'
•
.
/.
..
v
City
sealed
bids-
DST)
of
on
the
■
Clerk,
until
will
7
receive
(Calif.
p.m.
Nov. 16 for the purchase
$250,000 not to exceed 5% in¬
terest
Dec.
water
1,
works
1948.
nomination
bonds.
Dated
Interest J-D.
$1,000.
Due
De¬
Dec.
1,
follows: $13,000 in 1949 to 1958,
and $12,000 in 1959 to
1968. Prin¬
as
specify not more than three
interest rates in multiples of lk of
1%.,. No proposals for less than
may
value
par
of
crued interest
than::
the
,
amount
of
the
bonds
thereon,
or
aggregate
all
and
ac¬
for less
principal
bonds offered will
be considered. Each
proposal must
state that the bidder offers
par
plus, accrued
separately
interest,
and
1190—were
composed
offered for the bonds.
and
ance
Co.,
duly authorized at
all
any
bids for the
bonds
or
for
has
*
accrued
thereon
are
Bond Offering—W. J.
be--
to
the
of
highest
bidder
of
the
bonds will
be
ready for delivery
bidding.
The
upon
of
accrued
from
Bernardino City School Dis¬
trict, San Bernardino County, Cal.
Bond
interest
on
These
said
are
Oakdale
Bond
bonds
of
be
made
in
the
purchaser, at
and
R.
H.
Moulton
Co.
of
made in
rates
or
$45,000
of
the
bonds.1
certified f.or-.cashier's
-
the
,
le¬
Enclose
check
a
for
$50,000, payable to the City.: ; .V
3V4S
high
.
.
by
1, 1948. Denomi¬
an
3%
municipal
bonds.
Dated
election held last June. A
June
1,
1948.
Parkfield
on
$50,000
improvements
expressed
Legality
cer¬
approved
Orrick, Dahlquist, Neff &
rington, of San Francisco.
Calif.
Offering—C. C. Hutcheon,
Clerk, will receive •• sealed
bids until 8 p.m. (Calif.
DST)
Oct. 5 for the purchase of
be
a
required.
Bond
City
interest to
tified check for $10,000, payable to
the order of the City
Treasurer, is
John
;
Fairfield,
i
•
made
was
Nuveen & Co.
prior to the
approving
mu¬
bonds \ of
multiple of V\ of 1 %.
The
are general
obligations of
the City, and were authorized at
bid of 100.086 for $53,000
2%s and
date, of
Angeles,
improvement
bonds
1950
Second
in
of
.
■
:
Union
by
Her¬
School
District,
Monterey County (P. O.
Salinas), Calif.
Bond Offering—Emmet G. Mc-
De-, Menamin,
of
100.047, a net interest cost of about
2.42%, as follows: $1,375,000 2V4s,
due
on
Nov.
1
from
1949;,to
1959
inclusive, and $1,125,000 2V2s, due
Nov.
1
from
1960
clusive. The bonds
to
are
1968
in¬
dated Nov.
1, 1948.
Sanger, Calif.
Bond Sale—The Bank of Amer¬
ica National
Trust & Savings As¬
sociation, of San Francisco, re¬
cently purchased an issue of $310,000
bonds
sewer
of
1947,
as
fol¬
lows:
on
000 not to exceed 5% interest
Los
15 from
First
$70,000 23As. Due Sept. 1, as fol¬
lows:
$10,000 from 1949 to
1952
Clerk of the Board of.
inclusive,
and
$15,000
in 1953 and 1954,
120,000 2V2s. Due $15,000
on
Sept.
1 from 1955 to 1962 inclusive.
120.000 23/4s. Due $15,000 on
Sept.
1 from 1963 to 1968 inclusive.
7 p.m.
1948. Dated Nov.
&
Curtis, both of Chicago;
Bank, of Los Angeles;
Michigan
Corp., New
York; Harris, Hall & Co., and A.
G. Becker & Co., both of
Chicago;
Dempsey-Tegeler & Co., of St.
Louis, and Stern, Frank & Meyer,
of
Los
Angeles, at a price of
California
(Calif. DST) on
Oct. 11 for the purchase of
$555,-
housing
Trust Co., and Paine,, Webber,
ern
Palo Alto, Calif.
Offering—Winifred Kidd,
Clerk, will receive sealed
nicipal
Due $5,000 on June
to 1968 inclusive,
City Treasurer's
delivery of the bonds, the
opinion of O'Melveny & Myers of
gality
public
due
Sanitary Dis¬
nation $1,000.1 Due Nov. 1, as fol¬
(P. O. Walnut Creek), Calif.'
lows: $25,000 from 1949 to 1959
Sale—The $100,000 sewer
inclusive, and $20,000 from 1960
bonds offered Sept; 23—v.
168, p. to 1973 inclusive.
Principal and
1190—were awarded to the Amer¬
interest ! (M-N)
payable at the
ican Trust Co., of San
Francisco, City Treasurer's office.
Rate or
cash. 1 There shall be furnished to
Las
City
projects under¬
local
3s,
bids until
Payment Angeles, jointly, as 3s, at a price
delivery of the bonds shall' of 100.01, a basis of about 2.999%.
office.--Payment shall be
the
authorizing the sale
State-guaranteed
finance
by
offered
$240,000 school
Sept. 27—v. 168,
a
Jackson &
Bond
$100,000,000
to
Dis¬
Aug. 1, 1959,
and $210,000 23As, due on
Aug.
1 from 1960 to
1966, incl.
stitutional amendment
calling for
the creation of a State
Housing
bonds
School
$2,500,000
syndicate composed mf the North¬
Sale—The
$30,000
election, the voters will
judgment on a proposed con¬
Agency and
Union
Savings Association, of San Fran¬
cisco, as follows:
to
2 general
of
Joint
p.
1301—were awarded
to
the
Bank of America National Trust &
Consider $100,000,000
Housing Bond Issue—At the Nov.
pass
au¬
May 21,
3 Bond
General Laws, Act 5178), and all
other appropriate laws.
for and
Voters
were
on
is
trict, Stanislaus and San Joaquin
Counties, Calif.
bonds
part
election
to
the
Supervisors,
The bonds
an
of
The
—
168, p. 1190—were awarded to
y.
on
to date of de¬
bonds
Chairman
Sale
building bonds offered Sept. 27—
Broaddus,
trict
nicipal election held in: the City on
June 29, 1948, under the
provisions
of California Statutes
1901, page
27, as amended to date (Deering's
of
of about 2.22%. Dated Nov. 1, 1948
due on Nov. 1 from 1949 to
3.
for, payable
County
plus
date of issue
livery.
of
thorized at
pay¬
purchase price
the
bid
the
required.
and will be delivered at the office
of the State Treasurer
ment
bonds
of
Board
the
upon
conclusion
the
order
Central Contra Costa
was
group
San Francisco, Northern
Co., of Chicago, and Wee¬
den & Co., of San
Francisco, as
2V4s, at a price of 100.227, a basis
County .Glerk^jwill receive sealed
tween the date of said bonds
units.
mu¬
a
Trust
trict, Mendocino County (P. O;
Ukiah), Calif.
of them, which are below the
value thereof plus the interest
Which
taken
bonds
to
American Trust
1968 inclusive.
any,
special
a
awarded
San
The issu¬
sale of these
was
County, Calif.
of the
1, 1948.
state
the- premium,1 if
4s
School District, San
Mendocino Union High School Dis¬
any
an
issue of $100,000,000 author¬
cipal and interest payable at the ized' at the general election held on
City Treasurer's office.
Bidders- Nov. 5, 1946.
of
system, which amount will
sufficient to
and
fixed
revenues
;
erson,:
for
and
All of the bonds
lect.
Bond Offering—Richard E. Em¬
100.387
Second
Sale—The $195,000 school
bonds offered Sept. 27—v. 168, p.
1
1962, incl.
of
Bernardino
re¬
such time and place as he
may se¬
The bonds will be awarded
Calexico, Calif.
in¬
by John Nuveen & Co.
inclusive.
Bond
of
~
Bond
bid
Redlands
23/4s, at
Nov.
from
1
made
a
basis
a
Due
Oct.
on
to -1968
high
School
as
due
and
1949
as
price of 100.979,
a
1,1948
basis of about 2.60%. Due on
Nov. 1 from 1949 to 1962, incl.
highest bidder, for cash, in
one
District
1190—were awarded to
Kindred & Co., of Chi¬
p.
dated Nov.
and
fol¬
The $100,000 con¬
33/4s, at a price of 100.077,
basis of about 3.74%. Dated Oct.
a
Elementary
'
$70,000
—
required by said Act to reject
lows:
First ^National
Sale
cago, as
and
bids until 2 p.m. (Calif.
DST) on
$55,000
in
1966
and the date of the sale
and delivery Oct. 1 for the
purchase of $42,000
£
1967; $60,000, 1968 and 1969; of said
Bank of Memphis, as 3J/4s.
Dated
bonds.
The State Treasnot to exceed 5% interest
building
*"$65,000, -1070 to 1973 inclu¬
Sept. 1, 1948 and due on Sept. 1
urerlhay, with the approval of the bonds.
Dated Oct. 1, 1948.
De¬
sive;
$60,000
in
from 1949 to 1978 inclusive.
1974, and Governor,
The
by public announce¬ nomination $1,000.
Due $2,000 on
$40,000 in 1975.
Union Planters National Bank &
ment at the place and time fixed
Oct. 1 from 1949 to 1969 inclusive.
300,000 3^% water and sewer
Trust. Co., second high bidder, of¬
by him herein for said sale, con¬ Principal and interest
(A-O) pay-.
bonds. Due Aug. 1,1978.
fered to take the bonds as 3%s.
tinue said sale, as to the whole or
able
at
the County
Treasurer's
any part of the bonds offered, to
office.
A certified check for 10%
CALIFORNIA
Nashville, Ark.
awarded
Memorial
Hospital Dis¬
(P. O. Brawley), Imperial
trict
Act of 1946. The State Treasurer is
'sewe*
as
to
Torrance
School
quirements of the Veterans' Bond
par
water
awarded
$1,322,000
The bonds will be sold
whole, in accordance with the
*
.
3%%
the
school
Angeles
the
and
1957
$2,500,000
nished the successful bidder with¬
—were
the
fol¬
as
receive
for
1973
inclusive.
Principal
(M-N) payable at the
County Treasurer's office. A satistory legal opinion approving the
County School Dis¬
(P. O. Los Angeles), Calif.
Bond Sale—The $1,504,000 bonds
offered on Sept. 28—v. 168, p. 130i
are
same
is
revenue
approving
to the
26
to
and interest
tricts
Herrington, of San Fran¬
parcels of
elusive; $45,000 in 1962, and
$50,000 from 1963 to 1965 in¬
,
offered
and
will
Oct.
inclusive; $2,000 from 1958 to
inclusive, and $1,000 from
1965
1966
v.
168,
Barcus,
the
revenues of the
the bonds.
3
-
Due- Aug.
•
cisco,
from
until
of
$1,000.
Due Nov.
follows: $1,000 from 1949 to
as
National Trust & Savings Asso¬
ciation, of San Francisco, Weeden
& Co.,
Heller, Bruce & Co., J.
Barth & Co., all of San
Francisco,
Paine, Webber, Jackson & Curtis,
of Chicago, Kaiser & Co.,
Lawson,
Levy & Williams, Schwabacher &
Co., and Hill Richards & Co., all
of San Francisco, as follows:
of
sum,
&
1,
out charge.
Los
,
Neff
Supervisors
bids
Dated Nov. 1, 1948.
Denomination
bonds.
legal opinion of Orrick, Dahlquist,
1958; $40,000, 1959 to 1961 in-
'
County
sealed
payable
liver to the successful bidder
sewer
Due-Aug. 1, as follows:--$25,000 from 1949 to
$33,000 not to exceed 5% interest
1957
ment of Veterans' Affairs will de¬
bonds.
is
composed of the Bank of America
shall be
v'UJv:
bid
sealed
(Calif. DST)
purchase of
the
struction bonds offered Sept. 22—
collect
ordinary
Nongard of Chi¬
$225,000, 2%%
990—were
p.
&
a
the
receive
a.m.
for
Veterans'
other State
such
of
will
10
-11
school bonds.
purchase
by the obligation of the
to
amount
Angeles City Sch. Dist. (P. O.
Angeles), Los Angeles
County, Calif.
,Bond Offering — The Board of
v.
bonds.
$800,000
as
Associates,
noted in
The bonds
bonds
$1,500,-
purchased b,y
$35,000 in 1956.
385,000 3%
water
Crittenden County (P. O. Marion),
Arkansas 3
Sale—The
secured
the
the
Los
required to pay
as previously
cipal and interest on the bonds as
168, p. 1301 were sold
the same become due. The
Depart¬
price of par, and are further!
cago and
lows:
Bond
bonds
and Ketcham
from
ARKANSAS
pital improvement
Sept.
27—v.
168,
Fund
State
of
until
Oct.
on
Los
general
are
the
with
Supervisors,
bids
1946, out of the Gen¬
Bond Act of
Stifel, Nicolaus & Co. of St. Louis
dated Oct. 1, 1947.
are
5%
City. Register-
bonds
of
accordance
same manner
Sale Details—The
revenue
The
obligations
eral
:
.
$350,000
awarded to Boettcher &
follows:
sale, subject to
State
of Denver, and
as
of
interest.
on
required. Legality to be approved
by Orrick, Dahlquist, Neff & Herrington of San Francisco.
able only at the office of the State
Treasurer as to both principal and
cashier's check for $1,000 payable
to the City, is required.
on
improvement and extension bonds
offered Sept. 21—v. 168, p. 990—
par,
date
State in New York
Due $2,000
June 1 from 1949 to 1973 inclusive.
Interest J-D. A certified check for
welfare bonds. Dated
the
Texarkana, Ark.
Mesa, Ariz.
were
of
in
ARIZONA
j
all times to
payment
G.
public auction at 11 a.m. (Calif.
DST) on Oct. 19, an issue of $25,000,000
2%%
coupon
veterans'
the approval of the
qualified elec¬
tors of the City.
A certified or
date called.
Bond Sale—The
the
nomination $1,000.
Charles
—
at
and the Paying Agent.
The
City will name the Trustee and
Paying Agent. The bonds will be
subject to delivery within 120 days
of
ceases
for
at
(State of)
Offering
Johnson, State Treasurer, will sell
tee
upon
surrender
California
Bond
Sept. 1, 1948.
principal of and interest on the Interest F-A. Denomination
$1,000.
bonds as the same become due and Due Feb. 1, as follows:
$1,100,000
payable.
The
successful
bidder in 1950 to 1954, $1,200,000 in 1955
Shall pay for the printing of the to 1959,
$1,300,000 in 1960 to 1964,
bonds and the unqualified ap¬
and
$1,400,000 in 1965 to 1969.
proving opinion of Wallace Town- Principal and interest payable at
send, or Rose, Dobyns, Meek & the State Treasurer's
office, or at
House, of Little Rock.
The City the option of the holder at the
will pay the charges of the Trus¬
office of the fiscal agent of the
1948;
Dated April 1, 1943.
Due
May
1,
1969.
Payment of the
principal amount of said bonds
together with a premium of 4%
made
to main¬
agree
sewer
service, in an
amount not less than
$7,500 an¬
nually, .the District comprising
over 600
sewage customers, which
.
'
; The
bonds are dated Sept.
1,
1948. Denom. $1,000. Interest M-S.
Bonds maturing in 1967
are
at
whole
or
and
1968
subject to call and redemption
the option of the
City, as a
in part in lots of $5,000
multiple thereof in inverse
or
any
order
of
numbers from higher to
lower, on Sept. 1, 1949 (but not
prior thereof) or on any interest
payment date thereafter prior to
their fixed maturity date or
dates,
and in each case at the
principal
amount thereof and accrued inter¬
est thereon to date of
redemption.
Principal and interest payable at
the City Treasurer's office.
Said
bonds
tion
were
held
opinion
valid
and
tions
of
authorized at the elecr
on
of
Dec.
2, 1947, in the
constitute
counsel,
legally binding obliga¬
City.
Legality ap¬
the
proved by Orrick, Dahlquist, Neff
&
Herrington, of San Francisco.
52
(1408)
San
THE
,
■
Joaquin
'
School
County
4
-■
'
•
tain other
Dis¬
-■■■■-
--
'
■
COMMERCIAL
•
-
.
'
.
of the Univer¬
revenue
&
FINANCIAL
CHRONICLE
Monday, October 4, 1948
'
000 in 1951 and
1952; $60,000, 1953; $200,000 not to exceed 4% interest
KENTUCKY
$100,000, 1954; $30,000, 1955; $110,- temporary loan notes.
Due Nov.,
from 1956 to 1958
Henderson, Ky.
inclusive, 18, 1948. Bids to be on an annual
Bond Sale—The Bankers Bond
aggregating $203,000 were
and $100,000 from 1959 to 1968 in¬ rate of interest
pur¬
basis.
Notes will
chased recently by the Bank of general obligations of the State, clusive.
Principal • and
interest be payable from current revenues Co., of Louisville, was awarded
on
America National Trust & Savings secured by unlimited taxing pow¬ (J-J) payable at a bank in
Sept. 27 an issue of $70,000
Evans- and taxes levied for the
Depart¬
er and by such pledges of revenue,
sewer
revenue
bonds as 3s, ,at a
Association, of San Francisco:
ton or Chicago,
mutually accept¬ ment of Public Parks. Legal opin¬
exempt from State taxes and pres¬ able to the School Board and the ion to
This was the only
be furnished by the City's price of par.
$133,000 Dent Union School Dis¬
ent Federal income taxes, will be
bid for the issue.
successful
trict
bonds:
for
bidder.
$44,000
3s,
Registerable Law Department.
furnished the successful bidder at as
The
bonds are dated
Oct.
to
due June 1, 1949 to 1954 in¬
1,
principal only. Bidder to
the
Rush County (P. O.
1948.
expense
of the State.
The name a single rate of
Denomination $1,000.
Rushville),
Due
clusive; and $89,000 3V4S, due
interest, ex¬
oonds will be delivered in perma¬
Indiana
$10,000 on Oct. 1 from 1955 to
on June
1 from 1955 to 1963
pressed in a multiple of Vs of 1%.
Bond Sale—The $70,000
nent form on or about Nov. 15, The
The
bonds are
bridge 1961 inclusive.
bonds were authorized at a
inclusive.
The
bonds
are
bonds offered Sept. 27—v.
1948, in New York City against special election on
168, p. subject to redemption on or after
dated June 1, 1948.
Interest
April 10. Dis¬
1191—were
awarded
to
payment in New York funds. En¬ trict will pay for the
Halsey, Oct. 1, 1949, at par and accrued
>
J-D.
printing of
Stuart & Co., of
close a certified check for $90,000, the
Chicago, as iy2s, interest plus a premium of 2%,
bonds and. will furnish legal
70,000 Lathrop School District
at a price of
payable to the State.
100.261, a basis of and on or after April 1, 1955, at
>•
bonds: for $33,000 3V2S, due on
opinion of Chapman & Cutler, of
about 1.435%. Dated Oct.
1, 1948, par plus a premium of 1%.
The
Chicago.
A certified check for
May 1 from 1949 to 1960 in¬
FLORIDA
and due
semi-annually from July bonds are part of an authorized
$32,000, payable to order of the
clusive; and $37,000 3Vis, due
1, 1949, to Jan. 1, 1956, incl. Sec¬ issue of
on May
$116,000, of which bonds
1 from 1961 to 1968 Florida Improvement Commission District, is required.
ond high bid of 100.13 for iy2s was Nos. 1
to 46,
(P. O. Tallahassee), Fla.
bearing 1%% in¬
inclusive. Dated May 1, 1948.
La Grange, III.
made by John Nuveen &
Bond Offering—C. H. Overman,
Co., of terest and due serially on Oct. 1,
Interest M-N.
Bond Sale—An issue of $225,- Chicago.
1949 to 1954, will be
exchanged
The bonds are in $1,000 denomi¬ Director, will receive sealed bids
water
revenue
bonds
was
until 10 a.m. (EST) on Oct. 12 for 000
by the city with the holders of a
Valparaiso Park District, Ind.
nations.
Principal and interest
awarded
on
like
amount
che purchase of
of
Sept. 28 tq Welsh,
sewer
revenue
Bond Sale
$550,000 Madison
The $25,000 park
payable at the County Treasurer's
Davis & Co. of Chicago, at a
bonds, dated Oct. 1, 1946. Legalityprice bonds offered Sept. 27—v.
office. Legality approved by Or- County Road revenue bonds, se¬
168, p.
of the
ries 22. Dated Oct. 1, 1948. Denom. of 100.213, a net interest cost of 1092—were awarded to
presently offered bonds to
John Nu¬
rick, Dahlquist, Neff & Herrington
about 3.36%, as follows:,
be approved by
$1,000. Due Oct. 1, as follows: $10,veen & Co., of
Peter, Ileyburn &
Chicago. The. bonds
Of San Francisco.
Marshall of Louisville.
000 in 1949 to 1952, $25,000 in 1953. $118,000
3V2S.
Due
on
Oct.
1: are dated July 1, 1948 and mature
Sutterville Heights School District, £40,000 in 1954 to
$2,000 from 1953 to 1957 in¬ on Jan. 1 from 1950 to 1974 incl
1956, $45,000 in
Rowan
County (P. O.
Sacramento County (P. O.
1957 and 1958, $50,000 in 1959 and
clusive; $3,000, 1958 to 1962
Morehead), Ky.
/"
IOWA
Sacramento), Calif.
;;
1960, $55,000 in 1961 and 1962, and
inclusive; $4,000 in 1963 and
Bond Offering — B. P.
v
Day,
Bond Sale—The $62,000 build¬ £65,000 in 1963. The bonds are to
1964; $5,000, 1965 and 1966;
Altoona, Iowa
County Clerk, will receive sealed
$6,000, 1967 to 1971 inclusive;
ing bonds offered Sept. 27—v. 168, oear interest expressed in multi¬
Bond Sale
The $21,500 water bids until 10 a.m.
(CST) on Oct.
ples of V\ or 1/10 or 1/20 of 1%,
p. 1301—were awarded to Schwa$7,000, 1972 to 1974 inclu¬ works bonds offered
Sept. 21— 5 for the purchase of $225,000
bacher & Co., of San Francisco. at the lowest rate obtainable when
sive, and $8,000 from 1975 to v.
168, p. 1191—were awarded to 3%%
school
building revenue
1977 inclusive.
iold at par, the Commission re¬
Dated Oct. 1, 1948, and due on
the Carlton D. Beh Co., of Des bonds.
Dated Oct. 1, 1948. Interest
Oct. 1 from 1950 to 1973, incl.
107,000 3i/4s.
Due on
Oct.
1:
serving the right to determine
Moines, as 3y4S, at a price of A-O.
Due
Oct.
1, as follows:
who is the best bidder and to re¬
$9,000 from 1978 to 1980 in¬ 1C0.116.
$7,000 in 1949 to 1951, $8,000 in
Upland, Calif.
clusive and $10,000 from 1981
ject any or all bids. Principal and
1952 to 1954, $9,000 in 1955 to
1957,
Clear Lake, Iowa
to 1988 inclusive.
]>• Bond Offering—Hazel M. Cas- interest payable at the Atlantic
./
$10,000 in 1958 to 1960, $11,000 in
Bond Sale—The
sel, City Clerk, will receive sealed
tricts
sity.
(P. O. Stockton), Calif.
Bond Sale—The
following bonds
The legal opinion of Storey,
Palmer & Dodge, of
Boston, approving the bonds as
Thorndike,
..
000
1
,
—
'
-
,
—
v
National
bids
until
Oct.
on
7.30
21
p.m.
for
the
(Calif. DST)
purchase of
bonds.
Dated Nov. 1, 1948.
1960
to
1967
1968.
'
Bidder
to
name
check
for
3%
authorized
at
income
and
on
derived
revenue
Denver
payment
numerical
order,
Oct.
on
subsequent in¬
any
date, in inverse
at par and ac¬
Edward Benjamin of
Chicago.
Rockford
Bond Offering—W. A.
Circuit
said
be
Court.
statutes
had
for
and
a
Reference
resolution
may
detailed
more
to
de¬
scription of said bonds. The right
is
to
reserved
part
the
of
retire
issue
all
or
any
outstanding
on
an
opinion of
Giles
Jacksonville,
such
•
Colorado
bonds
J.
to
Patterson, of
the
effect
valid
are
binding obligations
Offering — Kenneth
Manager of Revenue,
terest
on
or
callable
are
the
of the bonds,
(City and County of),
1, 1963,
maturing from
bonds will be sold subject
to validation by judicial decree of
COLORADO
Smith,
first exclusive and closed lien
election in Au¬
any interest payment date on or
v•/v.,'-; ■:.<',,1 after Oct. 1, 1958. The
approving
•.
Bond
pledge of
a
1968
to
dated Oct.
are
those
and
that
legally
of the Florida
Clerk
will
of
re¬
the
receive
McPhail,
Trustees,
Board, of
sealed
bids
until
(CST) on Oct. 19 for
purchase of $1,000,000 not to
4
the
p.m.
ceed
2%% interest series H
ex¬
sewer
1968.
to
Principal and
such bank
payable
interest
at
tion
charge.
The bonds will be deliv¬
ered
Nov.
delivered
the
to
on
(EST)
at
2,
the
1948,
10
at
Atlantic
a.m.
National
Bank.
ILLINOIS
or
Wee-
CONNECTICUT
den &
name
rate
a
rates of interest in
or
1/10 of 1%,
or
versity
of
Connecticut
Dated
Nov.
15,
A.
re¬
office.
Nov.
& Co
of St. Louis; Jones B. Shan¬
non
& Co., of Detroit, and Paul
Frederick & Co., of New York, as
building
De¬
payable at the State
Treasurer's office or at the Hart¬
ford-Connecticut Trust Co., Hart¬
bid
shall
state
single rate of interest for the
tire issue in
The
bonds
424
terest
of
the
2%s
a
authorized
Public
Acts
Cook
of the
State
are
further
by a pledge, subject to
sible prior claims, of the net
enue
from
the buildings and
County
Bond
the
on
the
at
the
to
terest
cost
books
election
District.
to
of
the
held
on
No
bid
Oct.
1,
1948.
1,
optional
on
after
or
1958.
Legality approved
by Bannister, Carpenter & Ahlers,
Bond
Council Bluffs, Iowa
Sale—The $50,000
bonds
revenue
1950.
a
for
syndicate
High
Offering
—
Maurice
ity
by
at
the
the
rate
14
se¬
1
for
the
(CST)
purchase of
on
basis
Sept.
of
1,
offered
water
Sept.
28
about
1
Second
from
Dated
1960 "to
1964,
on
incl.
high bid of 101.50 for
made
was
2.866%.
1948, and due $10,000
July
by Becker
to
exceed
Citizens
Fidelity
Bank
&
Trust
The bonds
school;
which
building
in
to
are
a
new
Morehead,
is to be leased to and used
Bond
County (P. O.
City), Iowa
rates
Bossier
—
County
the purchase of
of
the
bonds.
delivered
The
with
not
part
bonds will
bonds
to
be
supplied
by
2.36%.
•
conditioned. Enclose
so
all
and
bids
a
certified check for $6,000, payable
to the District.
,
INDIANA
Note
City
on
Oct:
15
for
the
Des
price of
a
of
about
1958, incl.
Postville,
000
on
water
at
works
bonds
a
the
$40,-
was
Citizens
sold
State
of
Postville, jointly,
price of 100.15.
Tipton,
as
3s,
Iowa
Bonds Sold—An issue of $60,000
sewage
disposal
chased
recently
bonds
by
bonds
bearing interest at
than
rate
Chapman
was
the
pur¬
Tipton
The
Cutler,
lesser
a
opinion
of
of
Chicago,
Enclose
a certified check for $5,000, payable to the above Secre¬
tary.
:■
v
Calcasieu Parish Sch. Dist. No.
26
(P. O. Lake Charles), La.:
Bond Offering—H. A.
Norton,
Secretary of the Parish School
Board, will" receive sealed bids
'
until 10
'
purchase
Due
in
(CST)
a.m.
exceed
of
4%
F-A.
1949,
Nov. 2 for
$325,000
interest
Dated
Feb.
on
Aug.
15,
not
to
building
1948.
Denomination
15, as follows:
$17,000 in 1950,
In¬
$1,000.
$16,000
$18,000
in 1951, 819,000 in 1952, $20,000 in
1953. $21,000 in 1954, $22,000 in
1955 and 1956, $23,000 in 1957 and
1958, $24,000 in
1959 and 1960,
$25,000 in 1961 and 1962, and $26,000 in 1963.
The approving opin¬
ion of Wood, King & Dawson of
New York
the
State Bank.
6%.
&
will be delivered to the purchaser.
terest
of
Sept. 15 to the Postville State
and
Bossier Bank & Trust Co., Bossier
will be received for
City./ Bids
bonds.
issue
Principal and in¬
terest payable at Benton or at the
the
Iowa
Sold—An
Denomination $1,000. Due
1949 to 1968.
City, will be furnished
purchaser
close
a
certified
without
or
cost.
En¬
cashier's check
.
;
Indianapolis, Ind.
Offering—Philip L. Bayt,
Controller, - will
receive
sealed bids until 10.30
of
Each issue is dated Oct. 1, 1948.
Bonds
in
National
Co.,
Due $6,000 on Nov. 1
from 1949 to
the
bidder
Moines
Trust
-
Bank
successful
&
Moines, as 2y2s, at
100.708,, a
basis
Bank
& Cutler, of
Chicago/and the opinion is to be
paid for by the District, the print¬
Des
-
Bank
be
ooinion of Chapman
of $400,000 6% school
Interest M-N/* Dated Nov.
1, 1948.
$210,000 bonds
1958, incl.
60,000 sewer bonds purchased by
approving
the
receive^ sealed?r bidstr until
(CST) on Oct. 31 for the
purchase
Newton, Iowa
Iowa
13
.
p.m.
bonds.
Sale—The
O. Benton), La.
Bond Offering—-R. V. Kerr, Sec¬
retary of the Parish School Board,
2
for
'v.
h
The
will
11
;
School Dist. No.
Parish
I (P.
Treasurer will receive sealed bids
Oct.
1. '
■■
LOUISIANA
until
specified
deducting
premium offered.
conditioned.
Webster
Offering
Bond
The County will furnish
bonds and approve,
prepared
Cownie,
-•
Hamilton
County.
ing opinion of Chapman & Cutler,
of. Chicago, and all bids may be
3s
&
Inc.
after
therefrom any
Bids must be for all and
Oct.
$1,600,000
3V2% interest cou¬
pon building bonds. Dated July 1,
1948. Due July 1, as follows: $40,not
rev¬
a.m.
1953, at 102y2, on or prior
1, 1960, thereafter and on
prior to Oct. 1, 1964, at 102,
and thereafter at 101V2.
Principal
and
interest
payable
at
the
Peoples Bank of Morehead, or the
Oct.
or
by the Board of Education of the
1, 1948 to matur¬
or
bidder
Hampton, Secretary of the Board
Education, will receive sealed
bids until 10.30
Oct. 1,
to
the
be
must be
L.
1964, $13,000 in 1965 to 1969, and
$12,000 in 1970.
Optional on any
interest payment date on or after
be issued to pay the cost of
168, p. 1302—were awarded to
Pyper
&
Co., Inc., of Council
as 3s, at a price of 101.51,
computed by determining the in¬
ed
Township
1961 and 1962, $12,000 in 1963 and
Bluffs,
will
the District will
terest from Nov.
of
pos¬
cer¬
by
1,
101.339
Evanston), III.
being general obliga¬
cured
of
in¬
School District No. 202
(P. O.
1947
utes) for building purnoses at the
University of Connecticut and in
tions
1968.
ings Bank, of Chicago.,
Supplement to the General Stat¬
to
1,
accrued
May
on
bid
made
was
(Sections 560 i to 566 i.of the 1947
addition
and
headed by the Harris Trust & Sav¬
en¬
by No.
of
high
Nov.
on
beginning
Second
multiples of % of 1%.
are
price of 101.547, a basis
2.57%.
Dated Nov.
1,
a
about
1948, and due
Callable at par
ford, and at a bank in New York
City to be later designated by the
Each
Dated
Dec. 1 from 1950 to 1966
on
Dec.
,
2%s, at
of
interest
State.-
Due
inclusive;
of
$1,000.
Due $225,000
1949 to 1968. Principal
15,
Moines.
The bonds will be
thorized
cost
of
nomination
and
Des
offered Sept. 27—v. 168, p. 1302—
were awarded as follows:
holder
Co., San Francisco; Laidlaw
The bonds will be
Co.; Tripp & Co., and Ira Haupt April 9, 1946.
awarded to the responsible bidder
& Co., all of New
York; Lyons &
on the basis of the lowest interest
Shafto, of Boston; Ohio Company,
(EST)
1948.
mins, Carleton D. Beh & Co. and
Shaw, McDermott & Co., all of
$175,000 county hospital bonds.
&
registered Uni¬
bonds.
&
provided that only one rate shall
be
specified for each maturity.
The bonds may be registered as
to principal only in the name of
Columbus; National City Bank
be considered for less than
par. In
Cleveland; Seasongood & May¬
on Nov. 4 for the
purchase of $4,er, of Cincinnati; Newhard, Cook determining the best bid the in¬
500,000 coupon or
noon
Wheelock
group
Cum¬
general $150,000 water revenue bonds pur¬
obligations of the District, payable
chased by the Carleton D. Beh
from ad valorem taxes levied upon
Co., and Shaw, McDermott &
all the' taxable
property in the
Co., both of Des Moines, joint¬
District without limitation as to
awarded to a syndicate
ly, as 3s, at a price of 100.07,
composed
rate or amount.
These bonds are
a
basis of about 2.98%. Due
of Detmer &
Co., Chicago; First
part of an issue of $1,500,000, au¬
$15,000 on Dec. 1 from 1949 to
National Bank, of Portland;
Connecticut (State of)
ceive sealed bids until
of
a
trust
District in the District Treasurer's
Chicago Park District, III.
Bond Sale—The $3,000,000 park
improvement bonds offered on
Sept; 28—v. 168, p. 1191—were
for sale for at least six months.
Offering — Joseph
Adorno, State Treasurer, will
offered
awarded to
the
bonds, divided as follows: $2,500,000 library; $2,000,000 auditor¬
ium; $1,750,000 sewage disposal;
$1,500,000 municipal stadium; and
$350,000 museum bonds. The sew¬
age disposal issue, along with $1,750,000 airport bonds and $4,500,000
parking
facilities
revenue
bonds, was authorized at an elec¬
tion on Sept. 14.
The airport and
parking loans will not be ready
Bond
composed
a
bonds. Dated Nov. 1, 1948. Denom.
$1,000. Interest M-Jjl. JPue J^QY- A,
as follows: $25,000 in 1950, $75,000
in 1951 to 1953, and $50,000 in 1954
purchasers of /said bqnds ' without multiples of )k, Va
be
were
—v.
ports that sealed bids will be con¬
sidered onNov. 17 for the pur¬
chase of $8,100,000 general obliga¬
will
Sept. 25
bonds
Co., Louisville.
Improvement
volved
revenue
Sanitary District, III.
Commission, company in the State as may be
and, if requested, a copy of the mutually agreeable to the District
Bidders may
transcript of the proceedings in¬ and the purchaser.
State
L.
$275,000 water
works
of Des Moines.
Said
payable to order of the City Treas¬
urer, is required.
Legality to be
approved by O'Melveny & Myers,
of Los Angeles. The bonds were
gust.
by
140-4 and 255.
a
single rate of interest, expressed
in multiples of
of 1%. A certi¬
fied
will be secured
on
and
lease-purchase crued interest. Legality approved
with the State Road Department
by Chapman & Cutler of Chicago.
or
portions of State Roads Nos. Second high bid of 101.04 for all
140-1, 14, 40-98, 40-61, 14, 140-8, of the bonds as 3V2S was made by
inclusive; $5,000 from
inclusive, and $7,000
office.
1964
1948
from its contract of
Principal and interest
(M-N) payable at the City Treas¬
urer's
All of the bonds
bonds and the interest there¬
the
$10,000,
1950 to 1959
Jacksonville.
1,
a
Denomination $1,000. Due Nov.
1,
as follows:
$5,000 in 1949;
in
of
payment of said Road Reve¬
nue
$152,000 not to exceed 5% interest
sewer
Bank,
The
(CST)
purchase of
a.m.
KANSAS
for
Sold—An
OCO school bonds
to
the
bonds, payable to
School
Board.
Community High School
Ebarb
District, Kan.
27
of
the Parish
At wood
Bonds
3%
the
First
issue
sold
was
of
on
Securities
Kansas, of Wichita.
.
$290,Sept.
Co.
of
Sch.
Dist.
(P. O. Many),
Sabine Parish, La.
Bond
Offering — Roy Alford,
Secretary of the Parish School
Board, will receive sealed bids
Volume
168
Number 4739
(1409)' 53
until
9:30
for the
exceed
5%
%
(CST) on Nov. 3
purchase of $15,000 not to
a.m.
interest
Dated Nov.
must
"Denomination $1,000/ Due Nov. 1}
as follows:
$1,000 in 1950 to 1962,
and $2,000 in 1963.
payable
from
without
The bonds
limitation
amount.
taxes
to
as
Principal
ceive
bonds will be awarded to the bid¬
der
offering to
pay
and
par
Town
sealed
bids
will
until
noon
ac¬
which result in the lowest net in¬
11
000
for
not
on
1948.
terest
1949
J-J.
March
from
$8,000 July 1,
Principal and in¬
and
terest payable at the City Treas¬
urer's office.
The interest rate for
Oct.
certified
a
able
to
School
the
for
$3,000,
Treasurer
Boston.
pay¬
Parish
pared
and
Parish
Community Cen¬
.
Not
notes
under
will
be
be
pre¬
and
Taxation
of
the
due
$500,000
not to exceed 4% interest
public
improvement
bonds
offered
on
Sept. 27—v. 168, p. 1303—were not
sold, as the one bid submitted was
rejected. The offer was made by
a group headed
by White, Hattier
& Sanford, of New
Orleans, and
their
Bros.
&
of New
June
provided for par for $186,000 33As,
on Oct. 1, 1949 to
1957, incl.,
and $314,000 4s, due on Oct. 1,
1958 to 1968, incl.
27,
1949.
York, at
Second1 high
bid
the
ing
awarded
to
curities
l%s, at
of
Corp.,
&
of
a
Webster Se¬
New
1.62%.
Dated
Denomination
$18,000
1958
Oct.
on
Oct.
$1,000.
from
1
Bank
of
Boston.
from
1949
1968
to
to
Webster
Kenna, Town Treasurer,
the
ceive
100.159 for l%s was made
by the
First Boston Corp., New York.
sealed
National
bids
Bank
c/o
of
Oct.
000
not
re¬
Cumberland, Md.
Bond
Sale—The
1950 to
$400,000
Act
v
timore,
at
price
a
cost
of
of par,
net
a
2.19%,
000
2s, due on Oct. 15 from 1953 to
1962 inclusive, and $336,000 2.20s,
due
Oct. 15 from
on
inclusive.
The
1963
bonds
to
1974
dated
are
Oct. 15, 1948.
Second high bid of
100.42 for $112,000 4s, $308,000 2s,
$84,000
a
2.20s,
and
$196,000
2.30s,
Oct.
Bond
Offering—J. Darby Bow¬
Secretary-Treasurer, advises
the
sealed
Commission will
bids
at
receive
its
offices, 4017
Hamilton
St.,
Hyattsville,
Md.,
until 3 p.m. (EST) on Oct. 13 for
the purchase of $2,000,000 not to
,
,
exceed
from
1
1949
National
to
name
Bank
expressed in
1%. Legality
are
of
Issued under the author¬
the
Maryland,
main
General
Assembly of
amended, for water
as
and
sewer
construction.
Principal and interest payable at
the Prince Georges Bank & Trust
Co.,
abel
the
Hyattsville,
Trust
Co.,
Chemical
or
at the Equit-
Baltimore,
Bank
&
or
at
to be
approved
Palmer
,
7
,
by
&
Bond
Sale
The
—
$1,175,000
York; H. V. Sattley & Co., Miller,
Kenower & Co., and Crouse & Co.,
all of Detroit, at a price of 100
077,
net interest cost of about 2.725%
as
follows:
1970
due
$200,000 234s,
and
rate
in
name
are
inclusive;
1, 1956 to
2V2S, due
inclusive;
1,- 1964 to
dated Sept.
subject to
call
1, 1948
prior
to
interest
carries
Bonds
tion
with
Purchased
the
call
—
for
23
of
general
In
interest
on
numbered
at
in
and
par
inverse
Greenwood,
1949
will
10
1948.
to
1953
sive."
in¬
shall
be
mailed
address.
to
the
Principal
on
registered
and
the
be
in
Bonds
price
of
on
all bids
were
Feb.
1,
tificate
1957;
Feb.
or
$5
or
1,
Aug. 1,
without
interest
MISSOURI
Lawson School District
improvement warrants offered on
Sept. 27—v. 168, p. 1093—were not
sold, as no bids were received.
Dexter, Minn,
Bond
water
Bond
Sale—An
works
of
issue
bonds
$18,000
sold
was
on
.
as
3s, at a price of par. Due on
Sept. 1 from 1950 to 1963. incl.;
bonds
maturing after
1958
are
subject to call on Sept. 1, 1953. '
La
Bond
Crescent, Minn..
Trust Co., of Kansas City, at a
price of par.'.-The bonds mature
on March I, as follows:
$2,000 in.
1951 and 1952; $3,000 from 1953
to 1961, incl., and $4,000 in 1962
~
and
obligation
Sept. 24
were
of
extensions
and
water
amended, for
improvements to
and
briefly
be
Public Acts
94,
Michigan, 1933,
to
are
as
disposal
sewage
described
of
sewage
the extension
the
as
lift
of
sta¬
of
of
lien
on
the
net
revenues
the
may
system. Additional bonds
be issued of equal standing
with
these
bonds
on
price
at
of
100.10,
about 1.583%,
1948
and
due
Dated
$1,000
on
basis
a
Sept.
Sept.
conditions
Minnesota
—
Mrs.
A.
W.
Schwartz, District Clerk, will
ceive sealed bids until
on
noon
re?
(CST)
Oct. 8 for the purchase of $16,-
Due
approving
Principal and interest payable at
the
bonds. The cost of such opinion
and the cost of
printing the bonds
will'be paid by the Village. Bonds
at
Paw Paw
or
at any bank in Detroit or
Chicago,
at purchaser's expense; These are
the bonds authorized
tion held
a
on
certified
at the
elec¬
Sept. 9, 1947. Enclose
or
cashier's check
payable
for
the
Village
Wyandotte, Mich.
Bond
building bonds. Dated
Oct. 1, 1948.
any
$2,000
the
1,
the
the
1950
to
trust
or
successful
designate.
on
Oct.
suitable bank
pany
pay
Denomination. $1,000.
bidder
1957.
com¬
may
customary bank
will
receive
p.m.
(EST)
sealed
on
bids
until
8
Oct. 5 for the pur¬
chase of $130,815.42 not to exceed
and
interest
prevailing
these bonds
are
at
sold.
the
and
time
A sngle rate
of
interest
(4 of 1%, to be designated by
in
a
be
compared
total
on
multiple of 1/10
Bids will
the basis of the
interest " cost
from
/
.
Offering
fering of
date
of
bonds,
celed
as
result of
a
9.93—was
p.
not
sewer
award
-
on
can¬
ruling by the
a
Attorney General that the bonds
should have been authorized with
an
of
optional redemption provision
five
years
from date of issue,
rather than 10 years.
fering
is
expected
A
of¬
new
be
to
made
later in the year.
Montana State Board of
Education,
Montana
Bond
Call
Elizabeth
—
Ireland,
Secretary of the Board of Educa¬
tion,
announces
demption
of
the
Land
I.
on
the
Nov.
The
call
outstanding
bonds
are
for
re¬
1948, of all
1,
Grant income
University
bonds, series
dated
Nov.
1,
1938, and will be redeemed at the
State Treasurer's office at par
of $25 per
the
for
Sept. 20—v. 168,
mium
of
Rescinded—Of¬
issue of $35,000
an
to exceed 4% interest storm
accrued
Delivery
$4,000
$5,000 in
and
1962.
issue to date of maturity, less pre¬
offered.
follows:
as
1960,
MONTANA
charges
payment of principal
the purchaser in his bid.
Offering—The City Clerk
obligations,
1961
1,
and
The District agrees to
or
to
March
1959
system
qualified opinion of Miller, Canfield, Paddock & Stone, of Detroit,
legality j'of
City, as
100.42, a basis of about 2.34%.
Fort Benton, Mont.
000 coupon
will be delivered
in
sold 'to
was
Waeckerle,
of
2%s, at a price
"
described in the Ordinance. Bids
shall be conditioned upon the un¬
the
of
Due
1
County Independent Sch.
Royalton),
Offering
,t'
.
1,
Dist. No. 40 (P. O.
Bond
&
Kansas
Bond
Morrison
bonds
Eisen
Lucas,
from 1950 to 1959 inclusive.
general obligations, but are pay¬
able solely from and secured by
first
offered
awarded to the Se¬
curity State Bank of Houston, as
1.60s,
•
Vernon School District, Mo.
Bonds Sold—An issue of
$18,000
sewer
mains to the parts of the
Village
not
served.
The
bonds are
not
a
bonds
1963.
Mount
improvement
Sale—The $10,000 coupon
general
bonds
Act
Details—The $39,000
as 3s, as previ-,
noted in v. 168, p. 1094—
purchased by the Commerce
ously
,
Sale
school bonds sold
i
Sept. 13 to the Farmers State
Bank, of Elkton, the only bidder,
(P. O.
Lawson), Mo.
were
State
The
rejected.
received
by
the
Board
of
Supervisors until Oct.,,8 for the
purchase of $50,000 road bonds.
Cannon Falls, Minn.
;
Warrants Not Sold—The $85,000
principal only at the John W. Free
under
bonds was previouslyAug. 3, at which time
be
cer¬
to be redeemed.
so
receive
County Separate Road Dist„
No. S (P. O. Yazoo City), Miss.
Bond Offering—Sealed bids will
on
thereafter for each
Legality to
Yazoo
or
1958,
by
certified
The Board of
—
will
offered
multiples of (4 of 1%,
be registered as to
Bank.
Offering
amount
for
redemption, plus a
on Aug. 1, 1953, or
Feb. 1, 1954; $20 on Aug.
1, 1954,
or
Feb. 1, 1955; or $15 on Aug.
1, 1955, or Feb. 1, or Aug. 1, 1956,
1957,
A
sealed
bids until Oct. 4 for the purchaser
of $450,000 hospital bonds.
A like
premium of $25
oremium
approved
County (P. O. Laurel, Miss.
Bond
Supervisors
date fixed
or
and
Council.
City, is required.
Jones
maturing in 1954 to 1962,
subject to redemption on
Aug. 1, 1953, and on any interest
may
issued
City
nicht, of St. Louis.
National Bank,
said certifi¬
Bank, Paw Paw. Rate of interest
to
purchaser
be approved by Charles & Trauer-
All of
a
Dated Oct. 1,
check for $600, payable to order of
The
Northwestern
(CST) on Oct. 5 for the
of $30,000 athletic field
Denomination $1,000.
the
'
Minneapolis.
until
Oct.
certificates are dated Aug.
1,
1948.
Denomination
$1,000.
Principal and interest payable at
the
bids
Diie
1, as follows: $1,000 in 1949;
$2,000, 1950; $3,000, 1951; $5,000 in
1952 and 1953; and $7,000 in 1954
and 1955.
Principal and interest
payable at a bank designated by
Aug. 1: $10,-^
and
1950, and
Due on Aug. 1: $10,000 from 1955 to 1962 inclu¬ the
;
,
a.m.
.
sealed
and stadium bonds.
80,000 3s.
;
receive
purchase
on
1951
Miss.
/
'
Offering—The City Clerk
Bond
re¬
clusive.
part of its regular serv¬
as
Christie, Jr., Executive Sec¬
Employees Retire¬
of
Allison-Williams
Due
Sale
100.05 for 3 (/2s and 2(/2s was made
by Kalman & Co. of Minneapolis.
revenue
purchased
$5,000 from
ac¬
notices of sale of municipal
bonds, and approved by the Mu^
nicipal Finance Commission as
possessing such qualifications. In
case
of registered bonds, notice
connec¬
on
in
000
numer¬
interest date
any
basis of about 2.29%.
a
ALJ of the bonds are dated
July 1, 1948. Second high bid of
follows:
$45,000 2(/2s.
bonds
13
Clerk.
tenders
issue
utlities
the
$25,000
MISSISSIPPI
An
—
was
by
as
without
$13,000 public building bonds.
12,000 water works bonds.
Minneapolis, and Juran &
Moody, of St. Paul, and Asso¬
ice
$1,500,
Detroit, Mich.
multiples of retary of the
on
maturity.
Sept.
interest
are
Trust
to
due
inclusive, and $195,000 3s,
July 1, 1971 to 1973 inclusive.
The bonds
Bonds
callable
are
tions and
Pierce,
Fenner
&
Beane,
and
Hornblower & Weeks, all of New
A. J.
requested
1969.
system,
supply system bonds offered
Sept. 28—v. 168, p. 1192—were
awarded to a syndicate
composed
of
Blyth & Co., Merrill Lynch,
a
3%
$80,-
after Sept. 1, 1952, on 30
days'
notice by publication in a
paper
circulated
in
the
State, which
the
^
Dearborn, Mich.
Bidders
are
exceed
of
sewage
construction
Co.,
New York City, at holder's
option.
the
Bidder
MICHIGAN
interest coupon series
water main and sewer con¬
ity of Chapter 122 of the Acts of
1918
1963
dated Oct.
of Boston.
Storey,
Thorndike,
Dodge of Boston.
4%
to 1988.
;
single rate of interest,
a multiple
of *4 of
a
purchase
payable at the John W. Free State
July 1, 1951 to 1955
$180,000 2 (4s, due July
struction
bonds.
Interest
A-O.
1959 inclusive; $200,000
Dated Oct. 1, 1948. Denomination
July 1, 1960 to 1963
$1,000. Due $50,000 Oct. 1, 1949
$400,000 23As, due July
TTT
to
water
Washington Suburban Sanitary
District, Md.
that
follows: $9,000
1963 incl., and
1, 1948. Principal and semi-annual
payable at the Second
jbout 2.21%,
by Harriman Ripley &
Co., Inc., and R. W. Pressprich &
Co., both of New York, in joint
man,
bonds.
interest
made
account.
as
All of the bonds
net interest cost of
was
1,
1968 incl.
building
■■•••// incl.
■
as
follows: $84,000 4s, due on Oct. 15
from 1950 to 1952 inclusive; $280,-
from 1949 to
school
1949 to
$5,000 from 1964 to 1966 incl.
90,000 water bonds. Due $6,000
on
to
ical order
building bonds,
Due $20,000 on
i1; from
Co., of Bal¬
about
1947.
Due Oct.
&c\ Co., New York; Braun,
Bosworth & Co., Inc., Toledo, Fer¬
ris & Co., of Washington, D. C.,
interest
1
150,000
Fenn
C. T. Williams &
of
Oct.
protection bonds offered Sept. 27
—v.
168, p. 1303—were awarded
to a syndicate composed of
Phelps,
and
school
101,
of
ciates,
furnished
Sale—The
of par plus interest accrued to the
or
follows:
>
$700,000 flood
Mich.
1, 1948. Denom. $1,000. In¬
M-S. Due $4,000 Sept.
1,
terest
111
the
and
March
bonds, divided
counpon
bonds, payable to
disposal reve¬
bonds, series of 1948. Dated
nue
Oct. 5 for the purchase
$640,000
for
4
to-80
as
Co.
be
consisted'of:
dated Sept.
are
payment date thereafter at
crued
of
the
Paw Paw,
(EST)
MARYLAND
of
City Treasurer.
Franklin St.,"Boston until 11 arm.
on
or
Offering—Nyle L. Adamson,
Village Clerk, will receive
sealed bids until 8 p.m. (EST) on
Second
Boston,
certified
a
Bond
Mc-
will
City Treasurer's of¬
Enclose
incl.
G.
cently
amount
water
Offering—Frank
shall
1952
shall be
Wayland, Mass.
Bond
purchaser
$5,000
inclusive,
cates
Corp.,
and
Paine, Webber, Jackson & Curtis.
gality to be approved by Ropes,
Gray, Best, Collidge & Rugg, of
Boston. / Second
high
bid
of
The
public
cashier's check for 3% of the face
Securities
Le¬
125,000
expense
or
chaser.
Tyler &
214s, at a price
high bid of 101.819 for 2!4s
was made
by a group composed of
Kidder, Peabody & Co., Stone &
Principal and in¬
(A-O) payable at the First
National
1
the
such other place as may
agreed upon with the pur¬
be
to
Second
Due
1949
Oct.
on
1,
inclusive.
terest
fice,
Co., of Boston, as
of 102.179, a basis of about
2.008%.
Dated Oct. 1, 1948 and due
$20,000
York, as
price of 100.679, a basis
about
1948.
Stone
bonds.
livered at the
Sale—The $400,000 school
bonds offered Sept. 29—v. 168, p.
awarded
at
furnish bonds ready for execution
at his expense.
Bonds will be de¬
Bond
1302—were
obtained
to
Sale
certificates
of the
York.
Bath, Me.
$180,000 fund¬
bonds offered Sept. 24 were
their maturity and
therefrom
any
pre¬
purchaser prior to delivery
thereof approving the legality of
as
1950
Certificate
to
the
option
offered Sept. 27—v. 168, p. 1304—•
were
awarded
to
the
Wabasso "
State Bank, as 2(/2s, at a price ot
Alexandria, Minn.
from
No
be
will
Bond
Due
Principal and interest
payable at the Wyandotte
future
a
shall
0.84%, plus $50, was made by
the National
City Bank of New
Sale—The
all
bonds
I,
bonds,
$1,000.
follows:
MINNESOTA
qualified opinion of the attorney
for the purchaser which
opinion
Shrewsbury, Mass.
Bond
of
the
on
bonds
Savings Bank, Wyandotte. Legal¬
ity to be approved by Miller, Canfield, Paddock & Stone of Detroit.
shall be. conditioned upon the un¬
of
MAINE
value
after
the
at
cost to the purchaser.
$4,000 in 1953.
by computing the
days
the
purchaser. Approving le¬
gal opinion of Dorsey, Colman,
Barker, Scott & Barber, of Minne¬
apolis,
as
well
as
the
printed
1948.
(M-S)
price less than 100% of their
value will be considered. Bids
par
0.83% interest, plus a premium of
$47. ' Dated Sept. 30, 1948 and due
due
at
or
Sept. 24—v. 168,
Hutzler
1,
proposal for the pur¬
chase of less than all of the bonds
1303—was awarded to Salomon
p.
date
mium.
Massachusetts (State of)
Note Sale—The issue of
$3,000,000 notes offered
dollar
coupons
deducting
Com¬
monwealth of Massachusetts.
Sold—The
determined
total
the
certified
tions
Playground District No. 4
(P. O. Metairie), La.
Bonds
The
supervision of
by the Director of
Accounts, Department of Corpora¬
Board.
Jefferson
ter
check
portion
All of the bonus
15, as follows:
$6,000 from
1949 to 1963,
incl., and $5,000 from
each coupon period on
deduction of premiums.
A certi¬ 1964 to
any one
1977, incl. Bidder to name
fied transcript and the approving a
bond shall be at one rate only. The
single rate of interest, expressed
bonds will be awarded to the bid¬
-opinion of Chapman & Cutler, of in a
multiple of (4 of 1%. Princi¬
der whose bid produces the low¬
Chicago, will be furnished the pal and interest
(A-O 15) payable
purchaser without charge. Enclose at the First National Bank of est interest cost to the City to
terest cost to the District after the
30
thereafter
Wabasso, Minn.
city's
.
denomination
July 1,
$1,000.
In¬
Due
1953.
to
within
or
elusive.
\
19,000.00
Dated
Denomination
of
assessment
1, as follows: $22,815.42 in
1949;
$23,000 in
1950, and
$22,000 from 1951 to 1953 in-
the
construction bonds.
special
bonds
sale,
bonds.
One bond for $815.42,
others $1,000 each. Due March
Van
purchase of $40,to exceed 3(4 % interest
special assessment sewer
coupon
re¬
Oct. 5 for the purchase of
$160,000
coupon sewer notes. Dated Oct. 15,
1948.
Denomination $1,000.
Due
specifying rates
Jacob
—
Wingen, City Clerk, will receive
bids until 3 p.m. (EST) on
Oct.
Treasurer,
Offering
sealed
Note Offering—Eunice M. Law¬
rence,
$118,815.42
Grand Rapids, Mich.
Bond
Falmouth, Mass.
.
crued interest and
Legality to be approved
& Pershing, of New
MASSACHUSETTS
interest
2% interest coupon paving
bonds,
divided as follows:
an aver¬
yield of 2.35%.
age
City.
or
purchased at
were
Mitchell
York
payable at the office of.the Treas¬
urer,
Parish School Board. The
System, reports that $300,000
bonds
are
rate
and-
by
levied
be
to
specify in his bid the amount
each rate.
Interest M-N.
1, 1948.
ment
and the maturities of the bonds of
bonds.
school
1/10 of 1%, and each bidder
or
interest, plus
bond.
a
and
premium
>
,
54
(1410)
THE
NEW
JERSEY
transit
Trust
at
price
a
of
10U.jl5,
2.47%.
Daicu
basis
a
Oct.
of
i94»,
and due
$3,000 on Oct. 1 from 1949
1958, incl. Second High Did or
bonds.
at
$55,000
J. B.
Bond
Bond
Offering—Joh\
R.
Zell¬
plant bonds.
registered sewer
or
Dated Oct.
1948.
1,
2.19%.
Denomination $1,000. * Due $3,000
Oct.
on
clusive.
rate
from
1
1949
Bidder to
name
interest, expressed in a
multiple of % or 1/20 of 1%. Prin¬
cipal and interest (A-O) payable
check
certified
to
of
order
.
Due
$600, payable
Borough,. is re¬
Offering
—
not
Due
interestj
1,
street assessment bonds,
series, part of an author¬
6th
ized issue of $34,200.
1958,
from
1
1949
to
1948.
are
was
bid
of
dated Oct.
are
168,
each Oct.
1,
are as
follows: $5,000
in
1305—were awarded to
p.
Francis I. duPont & Co.
&
ney
Co.,
both
of
jointly,
a
New
York,
as-at
100.408,
Til-
and
basis
a
£rice of
of about 2.484%.
improvement
Sept.
29—v.
p.
required.. Legality to be approved
by Hawkins, Delafield & Wood,
1958
of New
York.
//,///;
■
Madison, N. J.
2.33%. Dated Oct. 1, 1948. Denom.
$1,000. Due $10,000 on Oct. 1 from
Bond
due
single rate of interest, expressed
1/20 of 1%.
or
Legality to be approved by Haw¬
kins, Delafield & Wood, of New
York
City.
inclusive.
100.025
Bank
for
Bond
be
Election—At
of
high
bid
made
No.
13
bond
to
the
teachers
for
on
be
general
amount
and
to
Rutgers
$15,000,000
start
a
high¬
speed transit system in the Cam¬
den
area
sey
with
linking south New Jer¬
taxes will
these
new
be
No
new
required to service
issues. The State build¬
ing issues will be
taken
care
of
through the proceeds of the cig¬
arette tax
year.
The
amortized
imposed earlier in the
smaller
with
issue
income
will
of
be
the
425,000
.
not to
or
exceed
registered
000:
5,
Dated
Aug.
$1,000.
tion
15
from
15,
until
11
a.m.
/
(EST), /•;'
by W. E. Easterling, 4
of the Local Govern¬
$175,000
1968
Y
able
the
at
Citizens
of
Tonawanda, N. Y.
:
Offering—Ida
galsky,
City
M.
H.
bonds,./ Series
authorized
an
B
issue
will receive
sealed bids until noon (EST) on
Oct. 6 for the purchase of $72,000
Trust
Due
Series B
(balance of
thorized
issue
bonds).
Due
of
bonds
auction.
The
chell
chaser.
Sept. 28—v.
awarded
obligations;
unlimited
tax; coupon bonds registerable as
principal alone; delivery on or
about
Oct. 26, 1948, at place of
purchaser's choice. There will be
less
to
/
than
par
issue
rate
rates,
or
accrued
for
part
of
the
bonds
one
of
than
more
four
rates
for
either
spec¬
ify in his bid the amount of bonds
of
each
bid
rate.
Each
for bonds of
turities.
The
rate
must
consecutive
bonds
be
ma¬
will
be
awarded to the bidder offering to
purchase the bonds at the lowest
interest cost to the
168,
the
1305
p.
Vance
inclusive,
March
2.64%,
and
1 from
The
were
Securities
$6,000
2s,
1976 to 1978
bonds
was
made
Bank
dated
are
by
&
Smithfield.
either
issue, and each bidder must
on
Citizens
rate
issue (having the earliest maturi¬
ties), and another rate or rates for
the balance, but no bid may name
*
Sept. 1, 1948. Second high bid of
for $22,000 2V2s and $14,000
2%s,:; or a net interest/cost of
exceeding 6%
multiples of Va of
Each bid may name
•
par
not
in
annum
1%.
to
inclusive.
interest) is required. Bidders are
requested to name the interest
per
1975
due
and
ail
Corp., of Greensboro, and J. Lee
Peeler & Co., of Durham, jointly,
at a price of 100.005, a net interest
cost of. about 2.63%,
as follows:
$15,000 2 Vfes, due on March 1 from
1950
to
1964
inclusive; $15,000
2%s, due on March 1 from 1965
general
(not
reject
County (P. O.
Roxboro),1 N. C.
y
to
each
to
Person
Principal
and
interest
(F-A) payable in
New York City in legal
tendei';
for
right
Bond Sale—The $36,000 series? A
school
building
bonds
offered
Dated Feb. 1, 1948.
bid
The
bids is reserved.
/ Bonds are without option of
prior payment. Denomination $1,-
separate
/"//.■■'■•/
approving opinion of Mit¬
Pershing, New York
will be furnished the pur¬
as
$4,000
in
1950
to
1959; $5,000, 1960, and $10,000
to 1988, all inclusive.
auction.
There will be
•/:'■//,/•;
and
City,
in .1961
A
registerable as to
alone; delivery on or
21, 1948, at place of
Oct.
purchaser's choice.
no
follows:
000.
.
obligations; unlimited tax;
principal
au¬
1,
$2,000 in 1959 to 1966; all
^ / \
•
.i ■
inclusive.
about
$650,000
Feb.
on
as
General
on
an
April 1,
coupon
1,
issued).
on
$1,000.
^ated
Oct: 1, 1948. Principal and fhterest
(A-O) payable in New York City.
r
Ro-
Clerk,
been
bonds). Due
er
Denomination
1
as follows: $2,000 in
1955; $4,000, 1956 and
,1957, and $5,000 in 1958 to
1988, all inclusive.
$325,000 sanitary sewer bonds,
no
Bond
of
Feb.
pay¬
Co.
1952;
water
and
1950 to
inclusive.
Trust
to
follows: $1,000 in 1950 to 1958,
/./•.
$1,150,000 bonds, of which
$475,000 bonds have hereto-
bonds.
Principal and interest (F-A)
water
(part
1948. Denomina¬
$7,000 on Aug.
to
'
*
-
.
Due
1949
1950
and
V v
:
interest coupon
5%
construction
on
$6,000 in
and sewerj^horids
$5,000/ sanitary
s§wer
(consolidation of $20,000 water
bonds and $5,000 Sanitary sew- <
.
.
'
the
Trust
First-
Co.,
of
r////4/-y
Rowan
County (P. O.
Salisbury), N, C.
Bond Sale—The $63,000 school
building bonds offered Sept. 28—
168, p. 1305—were awarded-to
the Branch Banking & Trust
Co.,
of Wilson, and Lloyd E.
Canady &
Co., of Raleigh, jointly/at a price
of 100.019, a net interest cost of
v.
about 2.142%, as follows:
$35,000
2s, due on Oct, 1 from 1951 to 1958
inclusive, and $28,000 2V4S, due on
to be determined
A different rate of inter¬
total amount of
est may
be named
from the aggregate amount of in¬
Second
terest upon all of the bonds until
000
their
interest
Bank
of
Sept. 27 from 1949 to 1956 in¬
on
clusive.
York
the respec¬
tive issues, but all of the bonds of
on
is
understood
in Prospect—It
that
State
Comp¬
ering plans for
substantial
offering
an
amount
housing
of
of
a
serial-
bonds
to
be
made late this year.
issue must be the
Rate
(State of)
troller Frank C. Moore is consid¬
or
p.
a
about
1948,
1949
and
to
& Co., of Rochester,
price of 100.196, a basis
1.969%.
due
1958,
Dated
Oct.
March
on
1
incl.
1,
from
Bond
Worden,
receive
(P.
O.
Second
Hilton), N.
Offering
Town
sealed
—=
Herman
Supervisor,
bids
respective
maturities.
No
for less than all of the bonds
offered will be entertained.
is
City,
required.
Legality to be ap¬
proved by Wood, King & Dawson,
of New York City.
Verdoy Fire District (P. O.
Newtonville), Colonie,
New
Bond
The
chell
are dated Oct.
1, 1948.
high bid of 100.15 for $15,2s, and $48,000 2V4s, or a net
cost of about
2.20%, was
by F. W. Craigie & Co., of
Richmond.
made
approving opinion of Mit¬
is
The
right to
reserved.
>
reject
/•/■'/
.:.
all
-
•
until
3
Offering
will
p.m.
—
Stephen
Ko-
City,
N.- C.
i
on
Oct.
5,
by
W.
E.
(EST),
Easterling,
Secretary
ceive
sealed
(EST)
on
ment Commission, at his office in
Raleigh, for the purchase of $500,-
of
bids
until
1
p.m.
Oct. 8 for the purchase
$12,000 not to exceed 5% inter¬
coupon
struction
or
bonds.
registered
Dated
con¬
Bond
June1 1,
000
water
—were
on
Denomination
1950
on
and
Bidder to
the
bonds.
Local
Govern¬
a
the
28—v.
to
168,
a
1305
p.
group
com¬
Branch
Banking &
Co.,
of
Wilson,
J.
Lee
Co., of Durham, and the
Vance Securities Corp., of Greens¬
boro, at a price of par, a net in¬
Trust
terest cost of about
2.66%, as fol¬
lows: v ■' ; •
'4
/ . ■ '
•
,
$380,000 water
Denomination
"
4
'
sin-,
-
•
:
yy:
v
and
for $24,000 5s,
to 1954; $7,000, 1955 to 1959,
$15,000 in 1960 to 1988, all in¬
clusive, without option of prior
gle rate of interest, expressed in payment.
Principal and interest
a
multiple of Va or 1/10 of 1%; (A-O) payable in New York City.
General
Principal and interest (J-D) pay¬
obligations; ^unlimited
name
Sept.
awarded
of
Peeler &
Dated Oct. 1, 1948.
Due
April .1, as follows: $6,000 in
1948.
$1,000. Due
June 1 from 1949 to 1960
of
Sale—The $400,000 bonds
offered
$1,000.
$1,000
Y. .•/ inclusive.
G.
York
Forest
Bond Offering—Sealed bids will
be received until 11 a.m.
Smithfield, N. C.
;/
Pershing, New York
will be furnished the pur¬
chaser.
bids
Oct. 1 from 1959 to 1962 inclusive.
The bonds
and
pach, District Treasurer, will re¬
est
high
bid of 100.12 for 2s was made
by
Sage, Rutty & Co.,.of Rochester.
Parma
bid
bid
posed
Perkins
2s, at
ex¬
City, such cost
by deducting the
the premium
pressed in a multiple of Va or 1/10
1%. A certified check for $1,440, payable to order of the City,
1305—were awarded to Erick-
son
of
rate.
same
rates of interest to be
of
Ogden (P. O. Spencerport), N. Y.
Bond Sale—The $29,500 build¬
ing bonds offered Sept. 27—v. 168,
as
Philadelphia.
Oct.
fore
Slater, District Clerk, will receive
bids until 2 p.m. (EST) on
Oct. 4 for the purchase of $140,000
/
—
improvement
April lt as fol-
.
of
sealed
-
.
$7,000, 1953; $8,000, 1954; $8,1955; $12,000*/1956 and
Co., New York, or at the
City Treasurer's office, at holder's
optional
institutions,
while
used
of
received
by
E.
Govern¬
/ //000,
Offering—Sealed bids will
Secretary
York
Clifford
(EST,,
Easterling.
Local
/ street
lows:
numer¬
Burlington, N. C.
Bond
(P. O. Schenectady 7),
—
the
bonds. Due
.'
option.
National
as 21/£s, at a price of
Dated Sept. 27, 1948 and due
New
proposals to
the
State
colleges
University,
would
pass
State in
$50,000,000
the
-
Rockville Centre. /
Offering
E.
.,
r /
1957 and $15,000 'in': 1958 to
payable to order of the District, is
/1967, all inclusive. *
O .
10,000 municipal building bonds.
required.
4
' :
•['.
n'/'f;\%:*4& /. / Due $1,000 from April
1,1950
NORTH CAROLINA
:
to 1959,
inclusive///• yl
be
was
of
W.
'
any
Frankfort,
Bond Financing
Nov. 2 the voters will
in
on
by
"y<
.
par.
Jersey (State of)
on
asked
First
000:
$215,000
par and accrued in¬
terest;: A certfied check
fay $174,"
on
Second
1.70s
each
New
election
izens
inverse
date,
ical order, at
offered
July 15, 1949 to
on
opinion of Mit¬
ment Commission, at his office in.
Raleigh, 'for the purchase of the
following bonds aggregating $250,-
to
single rate of interest, ex¬
in a multiple of 1/10 of
.
Offering—Elsa S. Wick,
not to exceed 5% interest coupon
Borough Clerk, will receive seal¬ 1949 to 1968 inclusive.
Principal or registered bonds, divided as
ed bids until 8 p.m. (EST) on Oct. and interest
(J-J) payable at the follows:
11 for the purchase of $91,000 not
Peoples Bank of Hamburgh, in $43,000 sewer and drain bonds of
to exceed 6% interest coupon or
Hamburg. Legality to be approved
1948. Due Sept. 1, as follows:
registered
bonds,
consisting
of by Hawkins, Delafield & Wood, of
$4,000 from 1949 to 1955 inclu¬
$42,000 parking lot; $29,000 sewer, New York City.
Second high bid
sive, -and $5,000 from 1956
and
$20,000 paving and sewer. of 100.489 for 2.40s was made by
to 1958 inclusive.
Dated Oct. 1, 1948. Denomination the
Manufacturers
&
Traders
29,000 water bonds. Due Sept. 1,
$1,000. Due Oct. 1, as follows: $7,- Trust Co., of Buffalo.
as follows: $2,000 in 1949, and
000 from 1949 to 1952, incl.; $8,$3,000 from 1950 to 1958 in¬
Hart wick Union Free Sch. Dist.
000, 1953; $7,000 from 1954 to 1958,
clusive.
No. 4 (P. O. Hartwick), N. Y.
incl., and $4,000 from 1959 to 1963,
All of the bonds are dated Sept.
Bond Sale—The $13,500 school
incl. Principal and interest (A-O)
bonds offered Sept. 27 — v.
168, 1, 1948. Principal and interest (Mpayable at the First National Bank
S) payable at the Marine Midland
p. 1305—were awarded to the Cit¬
of Madison.
Bidder to
name
a
in.a multiple of lk
Bidder
5,
Secretary
Oct. 1 from
inclusive.
Oct.
on
Denomination
on
Callable
Rotterdam Common School District
of
Buffalo, and R. D. White & Co.,
New York, jointly, as 2.40s, at a
price of 100.561, a basis of about
or
Rockville Centre, as 1.70s; ment Commission, at his office in
at a price of 101.101, a basis of
Raleigh, for the purchase of the
about
1.697%.
Dated, July
15, following bonds aggregating $500,and
'
■
,
Pershing,
■
of
1948
and
at place of
There will be
City,
bondtl.
-
interest
awarded to the South Shore Trust
Co.
coupon
Bank of Clinton.
1305—were
bonds
168,
1948,
choice.
auction./
as
or
New "York
will be furnished, the pur¬
chaser. //ry ■ /•//
./'/,/-/v'v/< y
1
No.
26,
s
TKe approving
chell
Principal and interest (A-O)
payable at the Hayes National
geny 4
$100,000
no
1%.
Rockville Centre, TV. Y. / 4
the Marine Trust Co.,
to
name a
Second high bid of 100.189
for 2,40s was made by the Marine
Trust Co. of Buffalo.
Sale—The
purchaser
a.m.
interest
1, 1948.
to- 1953
pressed
National
1949; $15,000 from 1950 to 1953 Dated Oct.
Bidder to name a
1, 1948 and due on Schenectady.
inclusive, and $10,000 in 1954.
April 1 from 1950 to 1964 inclu¬ single rate of interest, expressed
Principal and interest (A-O) pay¬ sive.
in a multipile of Va or 1/10 611%:
Second high bid of 100.35
able
at
the Hudson
Trust
Co., for
2.70s was made by Roosevelt A certified check for $2,800, pay¬
Union City.
Bidder to name a &
able to order of the District, is
Cross, and Hall & Co., jointly.
single rate of interest, expressed
required. Legality to be approved
in a multiple of Vs or 1/20 of 1%. j
Hamburg, N. Y.
by Vandewater, Sykes & Heckler
Bond Sale—The $200,000 storm of New York
A certified check for $1,500, pay¬
City.
able to order of the Borough, is sewer bonds offered Sept. 30 were
awarded
3
sive.
Bond
Dist.
construction
$l,740.v Due $1,740
Bank, at 2Vis, at a price of par.
Aug. 1, 1948 arid due on
1 from 1949 to 1955 inclu¬
New
Bethpage Fire District (P. O.
Bethpage), N. Y.
11,000 street assessment bonds,
Bond Sale—The $168,000 con¬
8th series, part of an authorstruction bonds offered Sept. 29—
'4 • ized issue of $11,500.
|
v.
Lake
5%
Dated Oct.
Dated
made by B. J.
NEW YORK
exceed
the
registered
Aug.
Bond
street assessment bonds,
7th series, part of an author¬
ized issue of $10,250.
!
All of the bonds
Tupper
dated Oct.
high
$200, pay¬
Town, is re¬
for
to
for
the
on Sept. 28
1305—were awarded
p.
Van Ingen & Co., New York.
10,000
1, 1948. Denom. $1,000. Combined
maturities, • with
payments
due».
168,
the
the
Second
of
Sch.
Oct.
Mount Airy, N. C.
i ^
1 p.m. (EST) on Oct.
/ Bond Offering—Sealed bids will
purchase of $8,700 not be
received until 11
until
15
paratus bonds offered
to
of
100.069 for 2.30s
|
-
Oct.
on
All of the bonds
ed as follows:
$34,000
to
1958, incl.
registered bonds, divid-
coupon or
1949
Due on
Oct. 1 from 1949 to 1953, incl.
21,000 street improvement bonds.
p.m.
6%
exceedi
to
from
.
23,000 equipment bonds.
(EST) j
for the purchase of $75,-
Oct. 13
000
1
Due
bids
(P. O. Raquette Lake), N. Y.
Bond Sale—The $14,000 fire ap¬
par and accrued
bonds.
pay¬
Raquette Lake Fire District No.
to
to
check
about
(P. O. Westmoreland), N. Y. !
Bond Offering — Carey
Young,
District Clerk, will receive sealed
1949
eral
Oct.
on
will receive
bids until 8.30
1949
Westmoreland
single
a
State Bank of Hilton;
order
to
—v.
interest.
incl.
name
Legality to be approved
by Vandewater, Sykes & Heckler
of New York City.
>
1949
at the
certified
able
com¬
to
date, at
to
tax; coupon bonds registerable
,to principal alone; delivery on
check
in¬
1958
quired.
&
from
13,000 improvement
George Ebel,
Borough Clerk,
sealed
on
ment
Fairview, N. J.
Bond
Jr.,
group
Bonds
1954
Bidder
to
Albany,
certified
approved by Wiswall, Walton,
Wood & MacAifer of
Albany.
V
$1,000... Due $1,000
1949
A
be
of
able
maturing
1962, incl., are
callable on Oct. 1, 1953, or on
any subsequent interest pay¬
from
quired.
Legality to be approved
by Hawkins, Delafield & Wood of
New York City.
i
incl.
1
Ext.
1,1948.
Principal and interest (A-O)
from
1
Oct.
on
1962,
'A
for
the
Oct.
on
Oct.
Watervliet.
$240, payable to order of the
District, is required. Legality to
interest, expressed in a
multiple of Va or 1/10 of 1%.
A
1956, incl.
40,000 emergency housing bonds.
of
at the Dumont National Bank.
a
Devine
District
Dated
from
1
clusive.
authorized
Sale consisted of:
Due
single
a
to
J.
Oct.
rate
$16,000 general improvem't bonds.
in¬
1958
to
C.
Water
bonds.
Denomination
Co., of
New York; First National Bank,
of South River, and G. H. Walker
& Co., of New York, as 2.20s, at a
price of 100.053, a basis of about
(EST) on Oct. 13 for the purchase
$30,000 not to exceed 6% in¬
coupon
of
able at the State Bank of
registered Parmar
or
Road
1
on
construction
was
Monday, October 4, 1948
for
coupon
No.
Sept. 8.
on
awarded
were
posed
of
terest
issue
in
Ridge
Sale—The $113,000 bonds
Sept. 27—v. 168, p. 1193—
offered
weger, Borough Clerh, will re¬
ceive sealed bids until &:30 p.m.
CHRONICLE
of
South River, N. 7,
Dumont, N. J,
r
school
The
election
an
FINANCIAL
(EST) on Oct. 4 for the purchase
$10,000 not to exceed 5% inter¬
State
bids until Nov. 1 for the purchase
to
100.08 for 2.55s was made oy
Hanauer & Co., of Newark.
demands
any
general
any
Piscataway Township Sch. Dist.
(P. O. New Market), N. J.
Bond Offering—Lloyd W. Lotz,
District Clerk, will receive sealed
of
1,
on
funds.
Co., of Bergenfield, as2V2S,
about
before
&
est
made
are
Bergenfield, N. J.
Bond Sale-r'ine
$30,01.0 sewer
plant bonds oitered Sepc. 27—v.
168, p. 1193—were a warned to the
Bergenfield
National
Bank
&
line
COMMERCIAL
sewer
due
on
bonds,
March
1, 1950 to 1953 incl.; $146,000
.2V2S, :.due March 71, 1954 to
1963 inch; $165,000
2%s, due
March 1,1964 to 1974
inch,
and
$45,000
2V2S,: due
on
March 1 from/1975 to r1977
inch
20,000
"/ ;
storm
■
sewer
'.r/y
bonds:
.
; ■■
for
Volume
.T
168
$4,000
Number 4739
THE
of
1,1950
to 1953 incl.; $12,000
234s, due
:
r
March 1, 1954 to 1963 incl.y
Vand $4,000 2% s, due on March
•1, in 1964 and 1965.
:,
issuance of
Bond
Co., jointly.
sealed
nished
NORTH DAKOTA
with the
(P.O.
'
-
Bond
bonds
School
sold
was
and
Land
construc-
to
the
from
•The bonds
election in
i
1949
were
to
authorized at
"
Jamestown, N. Dak.
Bonds Sold—An issue of
been
tional
purchased
Bank
of
'7
2.40s.
by
bonds
the
>
•
-as
.
Bainbridge, Ohio
Offering—Oran Post, Vil¬ and in anticipation of the issuance
Clerk, will receive sealed of bonds in anticipation of the col¬
lage
to
4,
1947.
for
1
bid
the
date
to
$500
Oct.
1,
interest,
on
the
The
—
Village
for
noon
(EST)
Oct.
on
Offering—Ella A. McCar-
ley, Assistant Clerk
9
of
the purchase of
$70,000 3%
trunk line, series A bonds. Inter¬
est J-D. Dated Oct.
15, 1948. De¬
.
1958.
all
Bids may
or
$2,000
sealed
bids
until
10
est,
Meadowlark
provement
Lane-road im¬
Interest M-S.
1948. Denomina¬
rate
interest
of
.34 of 1%.
to, the
for
in
the
different
a
multiples
The bonds will be
highest bidder for
urer's
of
be
sold
office.,
in
not less
Rate
multiples
complete
of
transcript
County Treas¬
1969
be
i
Oct. 1 from 1955 to
inclusive.
Said bonds will
to
Fremont,
Portland,
terest
to
Bonds
maturing
date
of
on
Oct. 1,
Peltier, City Auditor, will
redemption:
or
prior to
sealed
bids until noon
(EST)
Oct. 9 for the
purchase of
1957, shall not be callable.
Bonds maturing after Oct.
1, 1957
may be
redeemed, in whole
2%
date
maturity,
at
thereafter prior
redemption
principal
6i
1%
amount
of
such
for. each
fraction
12
$8,350
thereof, from
amount
period,
or
the date of
redemption to the
maturity date
*
C
i
f
)
!'
t
1
^
1
^ j'-*'
assesment
*
Bond
as
t
April 1, 1950.
special
assessment
Due April
1, 1950.
"
;
•
♦
2,326
Each
1948.
by
were
awarded
tional
Bank
is
dated
Denominations
the
purchaser.
as
i.
of
par,
net
a
u
of about
2.67%,
cost
basis
as
to
dated Oct.
of
1,
the
1948. A group comSecurities CO.
of
Wichita, E. M.
First
of
Kansas,
Clohessy, and Calvert
&
Canfield,
high bidder, offering
on
a
2.787% net
OREGON
*
—
Fred
Hewett,
City Recorder,, will receive sealed
^bids until 8
p.m.
(PST)
for the purchase of
•
1
in
a
multiple
10
are
interest
deduction
-are
present
future
or
law
$200,000
until
14 for
not
interest coupon
the
to
or
ex¬
regis¬
improvement water
bonds.
Interest
A-O.
Dated Oct. 1, 1948.
Denom. $1,000.
Oct. 1, as follows:
$9,000 in
■1951 and '1952,
$10,000 in 1953 to
1956, $11,000 in 1957 to
1961,
$12,-
000 in 1962 to
1965, and $13,000 in
1966 to 1968. Bonds
maturing in
1954 to
1968, shall be
the
redeemable,
in whole
or in
part, at the option
City, after 30 days' pub¬
lished notice, on
any interest pay¬
ment
date, in inverse numerical
order, at the principal amount
of
the
highest responsible
bidder subject to
approval of the
the
bids
Oct.
on
Due
Commonwealth. Registerable as to
principal only. The bonds will be
to
varying
the date
revenue
taxes
of
of
tered general
payable
any
sealed
(EST)
ceed 4%
to bear. Prin¬
for
receive
a.m.
purchase
single rate of interest
a
and
sold
at
on
redemption.
will
of
exceed
building
obligation bonds offered Sept. 29
168, p. 1195—were awarded
—v.
to
Elmer
E.
Pittsburgh,
101.014,
Dated
Nov.
a
as
2s,
basis
Nov.
1
Powell
1,
from
of
Co., of
at a price of
about 1.83%.
1948
1949
&
and
to
due
1958
on
incl.
Second high bid of 100.88 for
234s
was
&
made
by Arthurs, Lestrange
Kilma, of Pittsburgh.
SOUTH CAROLINA
Kershaw County School District
No. 1 (P. O.
Camden), S. C.
Bonds Sold1—An issue of
$50,000
general obligation bonds
chased
was pur¬
recently by the Commer¬
National Bank of Camden.
Dated Sept. 1, 1948.
Denomination
$1,000.
Due $5,000 Sept.
1, 1949
to
1958.
Principal and interest
payable
at
the
Chase
National
Bank, New York.
In the
cial
basis.
Oakland', Ore.
1,
specify
of 1%
any
Dec.
on
subsequent in¬
any
Knoxville-, Tenn.
Bond Offering—Jo H.
Anderson,
Chairman of the Utilities
Board,
1948.
general
Na¬
follows: $870,000 234 s, due Oct.
15, 1951 to 1960
incl.; $261)000 2V2s, due Oct. 15,
Bond Offering
1
First
Co., and C.
interest
notes.
April
redeemable
on
Offering—Lowell W. Mon¬
(except gift, succession or inheri¬
tance
taxes) levied pursuant to
Na¬
-
Principal and
:He;tit.
the
Trust
cost
interest (A-O) payable at
the Na¬
tional Bank of Fremont.
•';•*>","H."
to
&
second
to take the bonds
requested
of
Denomination $1,000. Due
$10,000
Nov. 1, 1949 to 1968.
Each bid
Okla.
Edgar Honnold, both of Oklahoma
City, in joint account, at a price
construction bonds.
$232.60 on April 1 from
issue
are
or
payment date
premiums depending
Township (P. O.
Lebanon), Pa.
1,
34
project.
the
thereof
the
and
date
of
accrued
interest
to
redemption,} plus
premium of $30 for each bond
deemed on or before Oct.
a
re¬
1, 1958,
a
—
was
inclusive.
sewer
will
after
awarded
to
premium of $20 for each bond
charge the 'redeemed after Oct.
Co., of Kansas City,
1, 1958, but
legal opinion of Burgwin, Church¬ on or
and Braun, Bosworth &
before Oct. 1,
Co., Inc.,
1963, and a
ill &
of Toledo,
Ruffin, 'of Pittsburgh^ that premium of
jointly, at a net inter¬
$10 for each bond
the bonds are
est cost of about
valid, general obli¬ redeemed after Oct.
2.63%, as follows:
1, 1963 but
$91,000 2 34 s„ due on Oct. 15 from gations of the Township, payable before
maturity. Principal and infrom ad valorem taxes
1951 to 1957,
levied on .terest payable at the
incl.; $65,000 234s,
Chase Na¬
all
taxable property within
due from 1958 to
the tional Bank, New York
1962, incl., and,
City.
$144,000 2%'s, due on Oct. 15* from Township without limitation of
Rutherford County (P. O.
rate or amount. Enclose a certi¬
1963 to 1973, incl. The
bonds are
fied, cashier's or treasurer's check
dated Oct. 15, 1948.
Murfreesboro), Tenn. Bond Sale—The
for
___
$4,000, payable to the Town¬
$50,000 high¬
Enid, Okla.
way bonds
offered Aug. 30—v.
ship.
/ Bond Sale
The
168, v. 696—were awarded to the
$2,000,000
series .A water works
bonds of¬
Murfreesboro Bank & Trust
Sharpsburg School District, Pa.
Co.,
fered Sept. 28—v.
at 2s, at a
168, p. 1195—
Bond Sale—The
price of 100,67* a basis
$25,000
sewer
Due
1949 to 1958
the
days
$ale—The
1, 1954,
roe, Township Secretary, will re¬
ceive
sealed
bids
until
8
p.m.
(EST) on Oct. 11 for the purchase
of $200,000
coupon general obliga¬
tion bonds.
Dated Nov.
shall
bonds
120
$300,000 elec¬
system
revenue,,
series
C
bonds offered on
Sept. 27—v. 168,
p. 1307— were awarded to a
group
headed by
Davidson & Co., of
Knoxville. Dated June
1, 1948 and
due on Dec.
1, 1949 to 1064 incl.
Bonds
maturing
in
1955
and
Mount Lebanon
Mount
Le¬
Clinton, Tenn.
of
p.
notes.
Due
thereof, plus 14
principal
special
7,200
10014% of the
month's
bonds, divided
The
terest
cipal
Stern Bros. &
I posed
.
to
price
with respect to each
such redeem¬
able bond
equal to
notes and
follows:
■
a
1
on
$17,876
in
or
part, at the option of the
City, on
Oct. 1, 1957, or on
any interest
payment
receive
price
a
required.
within
thereafter
without
1306—were
issued
Bond
PENNSYLVANIA
re¬
1963 incl.; $522,000
23/4s,
due Oct. 15, 1964 to 1969
incl., and
$347,000 3s, due on Oct. 15 from
1970 to 1973 incl. The bonds are
Ohio
at
is
TENNESSEE
100.34.
pay¬
( v
Bond
bid
tric
Commonwealth. No bid for
less than par and
accrued interest
or
for less than all of the
bonds
will be
accepted.
The purchaser
will receive without
;
the
Minneapolis.
be
Ore.
234s,
as
whenever
assessments
retire one
or
bonds. A certified check
for
of
certified
a
Bartlesville, Okla.
Sale—The $300,000
air¬
bonds offered Sept. 27—v.
.
order
to
gality to be approved by
Dorsey,
Colman, Barker, Scott &
Barber,
of the par value of
Redmond,
500 in 1953.
1961
Offering—Fred
Enclose
authorizing proceedings by the
Department of Internal Affairs of
:
2%
bonds.
from
sufficient
more
2,
State.
$2,-
,
numerical
funds derived
Kabler,
Sutherlin.
which the bonds
First
improvement
and
in
Bonds Sold—An issue of
$25,000
water bonds was purchased
by the
United States National
Bank, of
tional Bank, of
Pryor, as 234 s, at
a price of
100.507, a basis of about
2.37%. Due $4,000 in 1952, and
of all proceed¬
Commis¬
Bond and Note
the
the
to
assess¬
five equal annual
install¬
callable at any time
in
are
not
interest special
sewer
ments
with the
be
A
1%.
ings had in the matter
of author¬
callable
at the
following re¬
demption prices plus accrued in¬
to
Due
be
in¬
payable to the City.
Sale—The
awarded
exceed 6%
ment
completion of
of
;\
District,
of
Oct. 11 for
on
$130,000
of
check for 2%
the bonds,
$6,500 trans¬
portation
equipment' bonds of¬
fered Sept. 29—v.
168, p. 1306—
were
of
168,
interest
of
sioners.
and
Bond
will
rate
port
of
34
than the par value thereof
and ac¬
izing, advertising and
crued interest. No conditional
awarding
bid£ the bonds
will be furnished
will be received.
to the
All bids must
successful bidder at
the time of
state the number of bonds
bid for the
award, and bids conditioned
and the gross amount of
on
bid and the
acceptance of bonds bid
accrued interest to date of
upon
deliv¬ only
upon the
approval of said
ery. Payable from unlimited taxes.
proceedings by the
The
attorney of the
approving opinion of Peck, bidder will be
accepted and con¬
Shaffer & Williams, of
Cincinnati, sidered and a reasonable
time will
will be furnished to the
successful be allowed
the successful
bidder
bidder without cost. / Enclose a for
the examination of
said tran¬
"certified cheek for : 1% of- the
script- before
requiring compliance
bonds bid for.
"
with the terms
of the notice of
sale or any bids
made thereunder.
Cleveland, Ohio
"
J: Bend
None of the bonds
Offering—F. R. Hanrahan,
will be sold for
less than par value
Director of Finance, will
receive
thereof, with
sealed bids until noon
accrued interest to
date of deliv¬
(EST) on
Oct. 14 for the
purchase of $7,- ery. Bonds will be delivered free
of charge to
500,000 electric light and
any bank designated
power
plant and system extension mort¬ in Columbus. Enclose
a
certified
gage revenue bonds.. Dated Oct. check for 1% of the
par value of
I, 1948.
Interest A-O. " Denomi¬ the bonds bid upon,
payable to
the
Board of
nation $1,000.
Due $250,000 on
County
April
School
until 8 p.m.
(CST)
the purchase of
bond issue, will!
be furnished
by the City Recorder,
at the office of Gerald
O.
OKLAHOMA
Adair
bonds.
1954; $3,000 in 1955 to Dated
Nov. 15,
1958; $2,000 in 1959; $3,000 in 1960 tion
$1,000. Due Sept.
to 1963; $2,000 in
1, as fol¬
1964; $3,000 in lows:
$4,000 in 1950, and
1965 to 1968; $2,000 in
$3,000 in
1969; $3,000 1951 to 1958.
Principal and inter¬
in 1970 to 1973, and
$2,000 in 1974. est payable at
bid
:
as
pay¬
SOUTH DAKOTA
nection
a.m.
(EST) on Oct. 11 for the
purchase
$28,000 not to exceed 3% inter¬
in
may
;
himself
of the
the
said
said bonds, for which
purpose a
transcript of proceedings, in con¬
of
Due Dec. 1, as
in 1950 to, 1953;
Bidders
bonds,
Village, is
quired.
re¬
the
meet
Aberdeen, S. Dak.
Bond Offering—Sealed
bids will
be received
by the City Auditor
bidder shall satis¬
to the
legality of
successful
number of
any
check for 1% of the
able to order of the
Board
County Commissioners, will
ceive
nomination $1,000.
follows:*'$3,000
of the
bidders
laws
fy
'
sealed
all
The
■
.
until
and
to
numerical
1948, and the
Ohio
noon
(EST) on Oct. 14 lection of special assessments. The bonds of this issue and bidders
may bid for a different rate of in¬
purchase of $5,000 234%! notes shall be sold to the
highest
"municipal building bonds. - Inter¬ and best; bidder, for not less than terest in multiples of 34 of 1%.
est A-O.
Dated Oct. 1, 1948. De¬ par and accrued
interest. All bids Approving opinion of Peck. Shaf¬
must
fer & Williams of
nomination $200. Due $200 Oct.
be made
in
1,
the form
of
Cincinnati, will
1950 to 1974. Bidders may bid for blanks which will
be furnished.'
be furnished
by
the above
a
different rate of interest in a
clerk.
Approving opin¬
Waynesville, Ohio '
multiple of 34 of 1%; No bids for ion of Squire, Sanders &
Bond Offering—Charles
DempJames,
less than par and accrued interest. sey, of
Cleveland, and the printed Village Clerk, will receive
sealed
Issued under authority of the Uni¬ notes, will be
furnished and paid bids until noon
(EST) on Oct. 9
form Bond Act and an ordinance for by the City.
Enclose a certified for the purchase of
$5,800 not to
passed by the Village Council on check for 1% of the
amount of exceed 4% interest water works
Sept. 2, 1948. Enclose a certified notes bid, payable to the
City bonds. Dated Oct. 15, 1948. One
ehqck for $500, payable to the Treasurer.
bond for $300, others
$500 each.
village.
rvyp:
Due Sept. 1, as follows:
;y,r/'[sp
Franklin County (P. O.
$500 from
Columbus)', 1950 to 1960
P
Cheviot, Ohio
f
incl., and $300 in
!
v
,/£>• v/."VOhio
<
1961.
Bond Offering — Conrad
Interest
M-S.
A
certified
Weitz,
Bond
bids
in
terest. Issued under the
provisions
of the City
Charter, as amended
by the legal voters thereof at a
special election held on
the
City Auditor, will receive
be
Sept.
Osborn,
Offering
made upon
to
any
required to state
;
-
of
general circulation in Douglas
County. The bonds will not be
sold for less than
par and accrued
certified
a
payable
on
tax
principal and interest
bonds as they
mature.
Legality approved by Sinkler &
Gibbs of Charleston.
Treasurer's
date,
de¬
election
Enclose
City
interest paying date,
upon
30 days'
notice
given by
publication; thereof in
a
news¬
paper printed and published and
ac¬
of
the
redemption
order
author¬
were
general
$100,
and
at
Provision has been made
levy and collection
necessary
of
bidis until
for
55
ment of the
office. The City reserves the
right
redemption prior to maturity,
of such bonds as shall
mature on
or
after 2 years from issue
less
Clerk will receive sealed
bids un¬
til noon
(EST) on Oct. 15 for the
purchase of $19,500 2 34 % sewer
Bond
-
of
for the
of
to
not
May 1, 1950. Principal and inter¬
City Treasurer's
office.
Bidders may bid for a dif¬ improvement bonds.
Dated Oct.
ferent rate of interest in
1, 1947.
Interest A-O.
Denomi¬
multiples
of 34 of 1%.
nation $1,000, and one for
Issued for the
$500.
purpose
of
raising money in anticipation of Due $1,000 April and Oct. 1, 1949
the
levy of special assessments to 1957, and $1,000 April and
OHIO
J
the
Bond
est payable at the
Na¬
Jamestown
amount
at
Village.
for $4,-
one
payable
of
sold
be
for
34
amount.
interest
bonds bid for and
interest
check
300. Due
May and Nov. 1, 1949 and
$40,000
swimming pool construction
;has
gross
Nov.
noon
Denomination $5,000,
will
bidder
ized
(EST) on
Oct. 7. for the
purchase of $144,300
6%
street
improvement (notes.
Dated Nov. 1, 1948.
Interest M-N.
an
August.
—
until
bonds
livery. These bonds
Offering
Agnes Brown
City Clerk, will receive
bids
on
than face value thereof
and ac¬
crued interest. All bids must
state
the
Cain,
incl.
1967
(EST)
multiples of
the number of
printing the bonds.
sealed
as
'234s. Dated July 1, 1948 and due
■serially
The
highest
crued
Nob*
in
1%.
Columbus, Ohio
State
Department,
interest
the
issue, including the legal
the cost of
noon
Wei-
receive
1948.
of
bidder
,
issue of $35,000
/auditorium-gymnasium
tion
successful
The
the
Dakota
Sale—An
the
until
will
Denomination $700. Due
$700 March 1, 1949 to 1953. Bid¬
ders may bid for a
different rats
opinions and the
preparation of
General Mortgage, as well as
Alexander), McKenzie County,
North
1,
City will pay
legal expenses in connection
all
Alfred School District No* 2
:
to
without cost.
bids
Clerk,
1948. Interest J-J. Denom.
$l,000i
Due Jan. 1, as follows:
$1,000 in
1951 to 1961, and
$2,000 in 1962
to
1968.
Principal and
Oct. 16 for the purchase of
$3,500
3%
drainage and improvement
bonds. Interest M-S. Dated
March
City, whose opinion
approving the
validity of the bonds will be fur¬
*"
Offering—Margaret
Village
mer,
bonds, including
the General
$150,000 2s, was made by R. S.
Dickson & Co., and C. S. Ashmun
,
the
Loudonville, Ohio
Mortgage,, have been
All of the bonds are dated Sept. prepared
by Jones, Day, Cockley
& Reavis, of
I, 1948. Second high bid of par for
Cleveland, and Wood,
$203,000
234s,
$47,000
6s,
and King & Dawson, of New York
&
CHRONICLE
such
bond, but not exceeding
103% of such
principal amount.
The
proceedings authorizing the
,.
'
FINANCIAL
(1411)
5s, due March
-
'
COMMERCIAL &
434%
on
$25,000 not to
interest
bonds.
Oct. 20
municipal
Dated
r, 'hr-ot ri.hc
?
Nov.
1,
n;:4..
opinion
of
counsel,, the bonds are legal
valid obligations of the Dis¬
trict, and are payable from a di¬
and
rect ad
able
property
without
J-; c:
valorem^ tax
"
in
limitation
upon
said
as
£ vl
to
of
about
rate
*'• I
Dated
July
1,
Tennessee (State of)
Bond Sale
The $12,000,000
bonds offered Sept. 29—v.
—
1195—were
cate
Co.,
awarded
to
a
168, p.
syndi¬
composed of J. P. Morgan &
Inc.,
Merrill
Lynch, Pierce,
Beane, Laidlaw & Co.,
Bear, Stearns & Co.,; Harris, Hall
& Co., Inc.,
Bramhall, Barbour &
Co., and Roosevelt & Cross, Inc.,
Fenner &
all of New
of
York; Dempsey & Co.,
Chicago; Boland, Saffin & Co.,
New York;
Hayden, Miller & Co.,
Cleveland;
Allison-Williams
Co.,
Minneapolis, and J. J. B.
of
Hil-
liard & Son, of
Louisville, as 134 s,
at
a
about
price
of
100.025,
basis
a
of
1.241%. Sale consisted of:
$4,500,000
educational
improve¬
ment bonds. Due Oct.
15, 1950.
3,500,000 charitable and penal in-
situtions bonds.
all tax¬
District,
1.85%.
1948 and due on
July 1 from 1950
to 1955 inclusive.
Due
Oct.
15,
1951.
2,000,000 University of Tennessee
or
V. t
-
bonds. Due Oct. 15,
j r > t i
(.r'
1952.
s Sswe
?
■
2,000,000 State Tuberculosis Hospital bonds. Due Oct. 15, i952,
'
:
•
Lower Colorado River Authority,
<'
V
'; Texas - ' *
•*-''
"
All of the bonds
for $4,500,000 ltes and $7,500,000 iy4s, or a net cost of
1.282%, was - made by the Chase
National Bank of New York, and
G92
•'
Associates. *
■
<■;''
:
Call—Revenue
in
bonds
price of 104 and accrued interest
the
at
Chemical
Bank
&
Trust
New York City. The bonds
mature May 1, 1975 and redemp¬
Co.,
tion will be made from funds
in
the debt service reserve.
Independent "School District
Texas
^
Bond Sale—The
$3,400,000 series
of 1948 improvement bonds of¬
fered Sept. 30—v. 168, p. 1196—
were awarded to a syndicate comjposed of the Northern Trust Co.,
National Bank of Chi¬
Alex.
Chicago;
Baltimore; Haf-
jris, Hall & Co., WE. Hutton &
Co„ W. H. Morton & Co., and
Tripp & Co., all of New York;
Byan,
Sutherland
&
Co.,
of
Toledo; First National Bank of
2>allas; A. G. Edwards & Co., of
St. LOiiis;
Louis B. Henry In¬
vestments, of Dallas; Shelby Cullom Davis & Co., and Rand & Co.,
Both of New York, at a price of
-100.14, a net interest cost of about
3.3"?%, as follows: $848,000 3s, due
©n Nov. 1, .1949 to 1953 inch; $1,145,000 2s, due on Nov. 1, 1954 to
1960 incl.; and $1,407,000 2 V2s, due
Nov. .1, 1961 to 1967 incl. The
Bonds are
dated Nov.
1, 1948.
Dist., Texas j
Horton,
Bond Offering—Buster
P
r e s
i d
e n
of
t
the
Board
of
Trustees, will receive sealed bids
until
4:30
(CST) on Oct. 1
for the purchase of $300,000 not
to
p.m.
exceed
school
interest
3%
bonds. Interest A-O. Dated Oct. 1,
1948; Denoms $1,000. Due April 1,
as
follows: $10,000
in 1950 to 1953,
in 1949, $25,000
$30,000 in 1954 to
in 1958 and
1957,
and
$35,000
1959.
The
District
bids
be submitted
desires
that
either without
,
Second
high bid of 100.037 for
£848,000 3s, $1,712,000 3V4s, and
£840,000 2M>s, or a net interest
cost of 2.398%, was made by a
indicate
by
headed
Bros., of New York.
Griffith
w <
,.,
(P.
>
O.
" Port Arthur), Texas'
%•""
f
Park
Lehman
Bond Sale—The
offered
on
$350,000 bonds
Sept. 28—v, 168, p. 1196
awarded to a group
—-were
com¬
posed of Moroney, Beissner & Co.,
of Houston; First of Texas Corp.,
tof San Antonio, and John Nuveen
& Co., of Chicago, at a price of
•100.107, a net interest
about 3.60%, as follows:
of
cost
f
£135,000 storm sewer bonds: for
$65,000 3y4s, due on Oct. 1
from 1949 to 1963 incl., and
$70,000
3%s, due
from 1964 to 1973
Oct.
on
1
incl.
215,000 street improvement
bonds: for $102,000 3t4s, due
on
Oct. 1 from 1949 to 1963
incl.,
and
Oct.
on
1
$113,000
from
33/4s,
1964
to
due
1973
option of prior redemption
or
with option of redemption on and
after April 1, 1954. Bids may be
submitted
on
either
or
both of the
above
maturity
arrangements.
Principal
and
interest will
be
payable at a bank satisfactory to
the purchaser. The District desires
that
bidders
combination
the bonds
of %
par
are
the
rate, or
of interest
to bear in multiples
name
of
rates,
of 1%. No bid for less than
to state the
are
also
The
bonds
1, 1963, at
are
a
Oct.
dated
are
opinion of the Attorney-General
of the State and of McCall, Parkhurst & Crowe, of Dallas, without
expense to the purchaser and will
deliver the bonds to the purchaser
the
at
American
National
Bank,
Austin. It is anticipated that bonds
will be ready for delivery prior
to Dec. 1, 1948, but bidders may
specify that if bonds are not avail¬
able for delivery by that date,
they may be relieved of further
liability. These boncls were au¬
thorized
at
the
Sept. 21. Enclose
for
election
a
held
on
cashier's check
$6,000, payable to the District.
Orange, Texas
Canceled—Proposed
sale on Sept. 28 of $150,000 park
and playground bonds—v. 168, v.
Bond Sales
1307—was
canceled.
Further
ac¬
tion awaits completion of the cur¬
price of 102.50.
Jacinto
City,
Texas
Stephenville, Texas
Bonds Sold—An issue of
000
water
awarded
on
revenue
bonds
$390,was
Sept. 20 to the Cen¬
following tral Investment Co. of Texas, and
bonds aggregating, $325,000 have Moss, Moore & Co., both of Dallas,
been purchased by Rowles, Win¬ in joint account, at a price of
ston
&
Co.,
of Houston,
and 100.358, a net interest cost of about
JEmerson, Roche & Co. of San An¬ 3.149%. The purchasers named an
interest
rate
of
3V4%
for the
tonio, jointly.
Bonds
Sold
—
The
bpnds ma¬
1975, shall be
the
at
principal
in¬
thereof plus accrued
to the date fixed for
amount
terest
and without the pay¬
ment
of
premium,
but
bonds
maturing in 1978, shall be re¬
deemable only upon payment of
premiums of $56 for each bond so,
redeemed on Aug. 1,
1953, and
at premiums reducing by $2.50
per bond in each calendar year
thereafter, so that each such bond
may be redeemed at a premium
of $47.50 in
1954, and through
annual premiums reductions of
$2.50 may be redeemed without
Upton County (P. O. Rankin), Tex.
Bond
Sale—The
$225,000 park
improvement bonds of¬
fered Sept. 27—v. 168, p. 1096-rand park
awarded
were
the
to
Columbian
Securities Corp. of Texas, of Dal¬
las.
\.■
.
VIRGINIA
:
Bond
Offering
Clerk
Wakeman,
—
of
Walter
the
14
for
the
Bonds
850,000
Sold—An
electric
revenue
bonds
issue
County
$3,purchase
system
range
from
bonds
mature
years.
2%
3yg%.
to
in
from
1
5%
the
of
of
amount
Bend Sale—The
$60,000 general
obligation bonds offered Sept T
168, p. 896—rwere awarded to
the Stock Growers National Bank,
of Cheyenne. Dated May 1, 1948.
—v.
The
to
for
Douglas, Wyo.
sold
recently
Chicago,
and B. J; Van Ingen & Co., of
New York, jointly.
Interest rates
was
to John Nuveen & Co. of
30
Laramie
County (P. O.
Cheyenne), Wyo.
.
Seattle, Wash.
Bond Sale—The $115,000 hos¬
pital bonds offered Sept. 24—v.
168, p. 896—were awarded to a
sealed bids until Oct. 18 for the
group composed of Coughlin &z
purchase of $6,000,000 light and Co., of Denver, First National
power plant revenue bonds, part Bank of
Laramie, the American
of an authorized issue of $36,000,National Bank, and the Stock000, of which the initial block of growers National Bank, both of
$6,000,000 was sold on Aug. 1,
Cheyenne, as 2V4s, at a price of
1948. Additional financing may be
100.50, a basis of about 2.14%.
required early in 1949 although, at Dated Oct.
1, 1948 and due on Oct.
the present time, the city does not
1 from 1949 to 1956 inclusive. Sec¬
Bond
City
Offering—W. C, Thomas,
Comptroller,
will
receive
Council incidentally, rejected
re¬
suggestions that the City em¬
financial advisers relative
to the marketing of future bond
ploy
issues.
purchase of $1,776,000
'
;v;;rvv.'
Madison,
or
Wis.
Bareis,
receive: sealed
(CST) on Oct.
7 for the purchase of $289,000 not
Clerk,
bids until 10
high bid of 100.398 for 2^4®
made by Bosworth, Sullivan.
Co.,
and Peters,
Writer &
Christensen, jointly.
was
&
*
Unita
County (P. O. Evanston),
Wyoming \
'■
Bond .Offering—A.. W.
City
ond
,
WISCONSINV
interest coupon
registered school bonds. Dated
Oct. 1; 1948. Interest A-O. Due
Oct. 1, as follows: $16,000, 1949;
check
the bid.
of
cent
D.
of the District. Enclose a certified
County Public Utility Dist.
(P. O, Chehalis), Wash.
eral
.
School Board, will receive sealed
bids until 10 a.m. (EST) on Oct.
not to exceed 6%
if redeemed for the best interests
Lewis
contemplate the sale of any gen¬
obligation bonds. The City
.
Arlington County (P.< O.
Arlington), Va.
private sale after the date of sale
WASHINGTON
••
re¬
demption
cost and the average rate, carried
to four decimal places, as pro¬
1,
redeemable on Oct.
redeemable
re¬
vided in- their bid. The District
will' furnish the approving legal
Said
thereafter.
nuring in 1967 to
interest
net
rent year's tax roll.
1948, and
1978, shall be-callable for redemp¬ credit of the District are pledged 1959 and thereafter to be redeem¬
for their payiheht. The validity of able at the option of the District
said bonds will: be. approved by on, and any time after May 1,:
the bonds within any maturity Wood, King & Dawson, of New 1958. The District will furnish the
to be selected by lot. Bonds ma¬ York
City, whbse opinion or a printed bonds, and the approving
turing in 1978, shall be redeem¬ duplicate thereof will be deliv¬ opinion of Myles P. Tallmadge,
able on Aug. 1. 1953, and on any ered
to the
purchaser. free of of Denver. No bid for less than
interest payment date thereafter. charge. Enclose a certified check par and accrued interest will be
Bonds maturing in 1967 to 1975, for 2% of the
par value of the considered. The District reserves
shall be redeemable on Aug. 1, bonds
bid for,
payable to the the right to reject any/ and all
1966, and any interest payment County Treasurer.
bids and to sell said bonds at
■
■
plus accrued interest will be
considered.. Bidders
quested
Monday; October 4; 1948
tion at the option of the City in
inverse order of maturities, with
date
Merkel /ndep. Scfi.
i
(P. O. Dallas),
cago;
both
of
Brown & Sons; of
■
the amount of $940,000 are called
for payment on Nov. 1, 1948, at a
TEXAS
and First
-
Bond
dated Oct,
are
15, 1948. Second high bid of 100.-
•
■
"
Dallas
COMMERCIAL & FINANCIAL CHRONICLE
THE
(1412)
S«
will
a.m.
$25,000, 1950; $35,000, 1951; $55,000, 1952; $75,000 from 1953 to
1960 incl.;' $80,000 from 1961 to to exceed 4%' interest veterans'
project
bonds.
Dated
1972 incl
and $85,000 in 1973. housing
Interest A-O. De¬
Principal and interest payable at Oct. 1, 1948.
Due Oct. 1, as
the County Treasurer's office, or nomination $1,000.
at bidder's option, at a bank or follows: $9,000 in 1953, $20,000 in
1954 to 1957, and $40,000 in 1958
trust company in New York City
1962.
Principal and interest
to be designated by the School to
Board. Bidder to name a single payable at the City Treasurer's
Bond Sale—The $150,000 Mem¬
orial Hospital bonds offered
Sept.
24—v. 168, p. 1196—were awarded
to- a. group, headed by the Stock:
Growers National Bank, of
enne, as
a
basis
Oct.
1950
a
Chey¬
price of 100.033^
about
2.39%. ' Dated
2.40s, at
of
1, 1948 and due July 1 from.
to 1959 inclusive.
Second
,
interest,'expressed in a
multiple of V4 of 1%. Legality to
be approved by Wood, King &
Dawson, of New York. A certified
check for 2% of the bonds bid for,
payable to order of the County
Treasurer, is required.
of
rate
office.
be
in
1%.
multiples of J/4
or
berg, Clerk of the County Board,
receive
sealed
bids
until
10
1/10 of
QUEBEC
All other things being equal,
with the completed bonds will be
furnished to the successful bidder,
i
CANADA
All interest rates bid must
preference will be given to the
bid of par and accrued interest, or
better, which specifies the lowest
coupon interest rate.
The bonds
wilt be the direct general obliga¬
Arlington Sanitary Distritt (P. O.
tion of the City and are being is¬
Arlington), Arlington County,
sued
subject to the approving
Virginia
'
opinion of Chapman & Cutler of
Bond Offering — A. T. LundChicago, which opinion together
will
high bid of 100.125 for 2 ¥2s wasby an account headed
by the First Security Bank of
Utah, Salt Lake City.
submitted
Acton
Vale,
Que.
Bonds Sold—An issue of $64,000-
bonds
was
pur¬
L. G. BeauCo.. of Montreal, at a.
price of 97.577, a basis of about
improvement
chased
hien
recently by
&
3^51%,
as
follows:
$25,500
3s,
Sept. 1 from 1949 to 1958inclusive and, $38,500 3V4s. due on
Sept. 1 from 1959 to 1968 inclu¬
due
sive.
on
All of the bonds
are
dated
(EST) on Oct. 14 for the pur¬ at the expense of the City. These
Sept. 1, 1948.
of $750,000 not to exceed are the bonds authorized at the
6% interest coupon or registered election held on Sept. 21.
Courville, Que.
A cer¬
garbage
disposal
plant
bonds. tified check for $20,000, payable to
Bonds Sold—An issue of $115,Dated Oct. 1, 1948. Interest A-O. the
City Treasurer, is required. \ 000
improvement
bonds
waa
bonds due from 1949 to 1974 in¬ Due Oct. 1, as follows: $5,000 in
awarded on Sept. 20 to Grenierr
£36,000 3y2 % water works and
platieville, Wis.
clusive, and a rate of 3% for those 1949, $20,000 in 1950 and 1951,
:
Ruel & Co., and Clement, Guisewer system bonds.
Due
Bond Offering — Robert G.
maturing from 1975 to 1978 in¬ $10,000 in 1052, $5,000 in 1953 to
mont, Inc., both of Quebec, joint¬
Sept. 1, as follows: $3,Q00 in
clusive.
:
'■ '
1955, $10,000 in 1956, $5,000 in Campbell. City Clerk, will receive ly, at a price of 98:78, a net in*
1951 and 1952, $4,000 in 1953
1957, $25,000 in 1958 and 1959, sealed bids until 7 p.m, (CST) on terest cost of about 3.56%, as fol¬
and 1954, $5,000 in 1955 and
Sweetwater, Texas
$10,000 in 1960, $30,000 in 1961, Oct. 15 for the purchase of $200,- lows: $15,000 3s. due on Oct. 1
1956, and $6,000 in 1957 and
Bonds Sold—An issue of $40,000
$20,000 in 1962, $25,000 in 1963, 000 hot to exceed 2%% hospital from 1949 to 1953 inclusive; $24,.1958.
••:
street
improvement
bonds
has $30,000 in 1964, and $125,000 in bonds.
Dated Sept. 1, 1948.
De¬ 000
3y4s, due on Oct. 1 from 1954:
.289,000 4% - water works and been
purchased: by
the First 1965 to 1968.
The bonds-ma¬ nomination $1,000.
Due $10,000 to 1962
inclusive, and $76,000 3V2Sr
sewer
system
bonds.
Due Southwest Co. of Dallas, as 3V2S, turing in 1965 to 1968, are re¬ on Sept. 1, from 1949 to 1968 in¬
due Oct. 1, 1963.
The bonds are
y
Sept. 1, as follows: $7,000 in at a price of 104.67. Dated May 1, deemable at the option of the clusive
Principal
and
interest dated Oct.
1, 1948.
1959
and
1960,
$8,000
in 1948.
Legality to be approved by County,on Oct. 1, 1953, or on any (M-S) payable at the City Treas1961, $9,000 in 1962, $10,000 in Dumas, Huguenin & Booth-man of interest payment date thereafter urerV office.
Bidder to name a
Granby Catholic School CommiV
31963 and 1964,
$11,000 in Dallas.
;>"?
upon payment of 103% of the par single rate of interest, expressed
,"' sion, Que.
.1965, $12,000 in 1966, $13,000
value thereof and accrued interest in a multiple of y4 of 1%.
A cer¬
Bonds Sold—An issue of $403,Texarkana, Texas
in 1967, $14,000 in 1968, $15,to the date of redemption. Princi¬ tified check for $5,000, payable to 000 construction bonds was award¬
Bond Sale Details—The $3,000,000 in 1969, $16,000 in 1970,
pal and interest payable at the order of the City Treasurer, is re¬ ed on Sept. 20 to McNeil, Manthar
000 revenue bonds recently
pur¬
$17,000
in
1971
and
1972,
quired. City will furnish and pay Inc.,
and
the
Credit
Anglochased by Stifel, Nicholaus & Co., County Treasurer's office, or at
$18,000 in 1973,
$19,000
in
a bank or trust company in New
for the legal opinion of Chap¬
Francais, Ltd., both of Montreal,
of St. Louis, and Ketcham & Non1974, $20,000 in 1975, $21,000
York City, to be designated by man & Cutler, of Chicago; suc¬
jointly, as 3s, at a price of 97.88,
gard, of Chicago, and Associates,
in 1976, $22,000 in 1977 and
the County Board on or before the cessful bidder to furnish printed
a
basis of about 3.257%.
Dated
as
previously noted in v. 168, p. date of
$23,000 in 1978.
sale, at the option of the bonds at his own expense.
Sept. 1. 1948 and due on Sppt. I
1308,
are
further
described
as
The bonds are dated Sept. 1,
holder.
Bidders are requested to
from 1949 to 1968 inclusive.
follows:
;
1048.
WYOMING
Denomination $1,000.
Said
specify a single rate of interest
$460,000 2%% water and sewer which the bonds shall bear in
bonds are callable on any interest
Sillery, Que.
Carbon County Sch. Dist. No. 6
bonds. Due on Aug. 1 from
date in inverse numerical order
multiples of % or 1/10 of 1% The
Bonds Sold—An issue of $17$,(P. O. Medicine Row). Wvo.
1949 to 1956 incl.
-at the following prices: 103 in
bonds will be awarded to the bid¬
Bond Offering—Reno E. Chace, 000 municipal improvement borids:
1963 to 1967; 102 in 1968 to 1972,
770,000 3%
der offering to pay not less than
water
and
sewer
District Clerk, will receive sealed was awarded on Sept. 20 to Grenbonds. Due on Aug. 1 from par and accrued interest for the
sand 101 in 1973 to maturity. These
bids until 8 p.ni. (MST) on Oct. ier, Ruel £ Co., and the Banqu£
1957 to 1965 incl.
bonds are special obligations of
same
at the lowest rate of In¬
19 for the purchase of $78,000 not Provinciale du Canada, both- of
the City secured by and payable
1,170,000 w^ter and sewer bonds. terest, and if two or more bidders to exceed 4% interest building Quebec, in joint account, Pt a
Due on Aug.; L
name the same lowest rate of in¬
-exclusively from the net revenues
from 1966 to
bonds. Dated May 1,1948. interest price of 98.334, as follows: $75,000*
terest, then to the bidder offering M-N. Due
•+ of
the City's Water' Works and v... 1975 inci;::;,.-/■;/.
May 1, as follows: $5,- 3s, due on Sept. 1, from 1949, to600,000 water! anil, sewer bonds. in addition the highest premium. 000 in 1949 and
r;.and,s
Bewerr System after deducting the
1950, '$4,000 in 1958 inclusive, and $100,000 3^s,
The. bonds will be valid and le¬
Due on Aug. L 1978.
Ug. V.1
1951 to 1956, $5,000 in 1957 and due on Sept; 1 from 1959 to 1968
treasonable cost of Operation and
.Interest payajble, F-A. Bonds gally binding, obligations. of the 1958, $6,000 in 1959, and $7,000 in inclusive. -1 The bonds are, dated?
»uaintenance.
*
maturing from Aug, 1, 1967 to District, and the full faith' and I960 tb 1963. Bonds maturing in Sept. 1, 1948;
a.m.
chase
■
„
,
1
.
.
@FedFRASER