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..>
j
t.
MONDAY
19^7
OCT 6-
7k 2
Financial
Reg. U. S. Pat. Office
Volume
New
Number 4635
166
/
.
...
...
•
.
»
1
•
RAILROAD
directors have approved
McQuay, Inc., a Minnesota corporation.
; The
proposed merger would be effected
share
common
and
one-sixth
of
Aeronautical
The
Products
v.!'!;—:!;!!
exchange
the
by
one-sixth
for
held
each
of
5%
Stockholders
both
of
vote
companies are scheduled
■: -v/ vrC—r'■ V:'
Dec.
meet
to
to
1
65.,
p.
.SEC—
The
will
Proceeds
—v.
166,
used
be
to
bank
repay
loan
and
as
Treasurer
as
associated
Controller
with Seidman
formerly
was
and
President of
of
the
Mr.
company.
McDowell
was
East
&
Coast
Public
Service
Electric Co.—V.
13 cents
issue
at
Seidman, certified public accountants and
of
Treasurer
Co.
Net
%'
-
from-railway—
from
ry.
; '
?
Net
ry.
1,068.778
„—
945.
p.
1944
*
$422,735
4,2411)
y.^
V'S'-'
6M75
3,120,632
923,251
179,941
364,739 r,
"
held
from
1947. i
Net
ry.
railway
319.852
158,825
>.
income—
oper.
,'i >7
1946..
.
$1,285,214
205,610
wars
/
:
1945
Gross
1— ;; • :y ' ,"' :i
railway—10.538.498
railway
2,163.002
oper. income—,
1,040,089
■J
110,956
Net
ry.
166, p. 945.
iy;"x'•
•
•'
'
of
14,935,336
5,100,910
6,059,319
271,655
1,126,796
1,326,27.0
the
■: :ry.-
Airfreight Service
,
Manufacturers
revenue
Operating
Amortiz.
of
pit.
adjustments
,General
Ped.
<:
1,624,218
for depreciation—
Prov.
~
$3,150,065
—_
;
:
166, p. 1145.
'
-
2
of
share
bffered
4%
of
on
to
its
common
cumulative
y
stock
preferred
shareholders
preferred
of : this
7
<
•-
I
for
each
1,133,373
^ 289,165
48,766
excess
48,766
,511,152
.
■0
income
$661,634
on
expense—
deductions
Net
income
on' pfd.
OJivs.
v
243,308
prem.
Other
1957,
$125 per
1
wdert&kerf
4,342,165
$9,051,990
2,872,601
244,417
y.;Balance■ --C.yy.y
5,004
60,052
934
23,158
.
by. The
£•;
$543,678
105,000
to
reflect
preferred stock and
$438,678
$5,784,595
|
:
^Appropriation to special property reserve—!—!
.
Bala nee
i6G,
—
r
p,
i25o.
———
$6,046,101
1,980,404
$4,065,696
v
"133,334
...
$5,784,595
$3,932,362
y. Aigoma Central Terminals Ltd.—Partial Redemption—
f,;-, The
company has called for .redemption on Dec. 31, next, $20 000
first mortgage debenture stock and bonds due 1959
at 125%
of par value. plus accfued interest.
.'Payment will be made at the
Bank of Montreal, in
London, England, or Montreal, Canada.—V. 164
of
•
5%
.
p. 3137.
'y-'!oi'y:4
''
is
redeemable
at
$103
per
interests
; Net
Hanley,"Vice-President in charge of finances, Secretary and
Treasurer, jOn Sept. 25 was elected a director "of the company.
A. McCaskey, who previously was ^Assistant
elected Secretary ..to relieve Mr. Hanley of that
Secretary,
duty.—V.
■";•"v1
1946.
Stock and Bond
Quotations
!
Page
New
York
New York
Stock Exchange
Baltimore
Curb
(Stocks):
11,142,185
16,348,856
421,529
and
2,745,350
457,071'
402,934
■d
185,245
^1,667,240-ii616v826i
138,599
729,377159,300
5,093,006 •' 5,620,910
5,(
1,224 679 : ; 1,416 276'
34,126
~
135,496
1
32,675
" tC.
'111,639
v!.^!"! ! ■ v^
;
; 5,164,731 V/ify236,9131 25,556,784
&
"5,325.882
14,396
5,340,278
132,078
^
other deducts,-
5,164,731
22,236,913
34,800
165,072
316,391
5,199,531
22,401,985
,
454,839
25,873,175
529,356
830,0$2
656,959
217,791
21,290,187
24,295,346
147,656
;
25,556,784
__y_i'
-
t^xes.'! 170,220
172,999
v
earned surplus
5,037,980
would
which
4,878,876
be
Compan y
Cleveland Stock
Detroit Stock Exchange..—
Los Angeles Stock Exchange.....
1.:y
Philadelphia Stock Exchange..
Pittsburgh Stock Exchange..:..
Bell
.
Teletype: NY, 1-573
Products Co., Cincinnati—To Dissolve—
stockholders at
special meeting held late last month approved
155, p. 45.
!:
'
i •
a
this company.—V.
—36
..36
39
41
—.41'
S,
one
grams
which
56
has
broadcasters
between
in
coaxial
edible
now
Iri operation * between
Phila¬
Completed in<1936~ it is trie first coaxial cable
Bell System and was used in many early
the
,
cable now forms ,a segment of the coaxial
the past year and a half by tele¬
experimental, b^sis ,to carry television pro¬
York; and Washington,
The new cable will
been
on
New
used for
an.
'?!!!''y'!.■■■'•', i}.
! t!
:
! ;! Highway Automobile Tblephdne Service Opens Along
Entire Route Between Boston and Washington—.
;
,
.
;
!
The dompany on Sept! 25 announced - that motorists in vehicles
equipped' for highway, telephone service can-now make and receive
telephone, calls at any point along the entire route between Boston
and Washington, D. C.
The service is also available for boats operat¬
ing within range of the transmitters,
y
a v ■
' i-'--;;
Opening of continuous telephone service for mobile units between
New England metropolis and the nation's* capital follows compleof the last link in the, 450-mile chain of radiotelephone stations,
: .eafch serving a radius'of "approxilnately~ 25 miles;
f
;
V
! The Boston-Washington system is the third such chain to be placed
•in service by the'Bell System.
The first to provide continuous tele¬
phone service over a considerable stretch of highway began operation
between St, Louis and .Chicago early this year.
The, second was the
N.
Y.-Albany system which opened a few weeks ago., These three
systems are links in what is expected to become, through the combined
-efforts of-the Bell System "and independently; owned connecting tele¬
phone companies, a nation-wide network serving the major highways
of America.
! /
\•.
The new serVice "along the Boston-Washington route is provided by
,the following Bell, companies: New England Telephone & Telegraph Co.,;
The Southern New England Telephone Co., New. York Telephone Co.,
New Jersey Bell Telephone Co., The Bell Telephone Co. of Pennsyl¬
vania, The Diamond state Telephone Co., The Chesapeake & Potomac
Telephone Co. of/Baltimore City, and The Chesapeake & Potomac
'Telephone C< Washington:—.-166, p/1146.
4
y
.
the
tion
..
.44
other
yaugment these facilities.
has
50
is
constructed
network
vision
Stock and Bond Averages.:-.—:*.24
Miscellaneous Features ! #
be
experiments. " The original
^...42
Federal Reserve August Business Index..
New Coaxial
York
There
to
Montreal Curb Exchange—...—38
—
—
coaxial
delphia and New York.
Montreal Stock Exchange__..._!—!.!.37
Toronto Stock Exchange—Curb Section..
new
telephone
St. Louis Stock Exchange———36
San Francisco Stock Exchange.—^—36
Toronto Stock Exchange.
A
New
^
—35
System.^....:
4, N. t. ;
19,581,346
cable, capable of handling about 1,500 simultaneous
conversations, was placed • in service on Sept. 25 between
and Philadelphia.
The cable, which contains eight coaxial
tubes, is a joint project of the American Telephone & Telegraph Co.
and the New York Telephone Co.
y
v,,.1
The cost bf the completed cable, together with its initial line and
terminal equipment, is estimated to be, about $2,500,000.
./•:'
,
.35
!
Auction" Sales—!__—_44
NEW YORK
,
to
>.! American Telephone & Telegraph Co.
Cable Opened—
34
-Exchange..!!.——34*
Condition? Statement of Member Banks of
Federal Reserve
:
:"!i^ny.
extraordinary
American
The
—j-—34!
Cincinnati Stock Exchange.———....
I
surplus
Stock Exchange.—^.
State and City Bond Offerings.—
Established 1922
2-2600
49,414,315
325,882
the dissolution of
Combined .Condition Statement of Federal
f
*
Reserve Banks
...41
HAnover
40,994,217
2,669,149
v:
requirements applicable
13
_!!!!-.- ^-24
Exchangeyyry,—
29
MUNICIPAL DEPARTMENT
Telephone:
9,900,565
48,992,786
,
non-recurring reductions.
tFull dividend
respective periods, whether earned or uiit
Kearned. yif there should be excluded the net effect of extraordinary
non-recurring tax reductions and
related special charges.—V.
166,
P. 1250.
;
■"
s,;:
Dividends Declared and Payable.—44
.30 BROAD STREET>.5'
9,896,152
co.-'in '
Power
'Reflecting
Foreign Exchange Rates-..—
r
-
40,781,346
212,871
income
earned
Municipal Bonds
V
9,926,951-
•;
'.;f Br26,386
„,
Expenses
Int.
;;y:!.:!;;}!y! In This
Redemption Calls and Sinking Fund Notices.44
The Course oCBank Clearings—..
,..—43
&
10,433,562
52,268
Totaly!:'
166
'
SPECIALIST IN
qAllen
11,052,889
11,363,656
Balanco to, consolldat.
FLORIDA & NEW JERSEY
,
.
.'
12,419,949
'9,843,884
Light Co.— ■■.'■"••'
'Net' equity> (&i'abovejy *
compared with sales of $77,590,394 for the calendar
Consolidated net profit for the first six months of 1347
General Corporation & Investment News.Cover
;
$-.
149,985,932 137,065,275
66,081,371
54,795,105
19,319,610; *11,790,933
to min.
eqriity'cf
American
..
Stanley
'"p. 657,'
.
2,631,175
y income, of^
share on-or before
if redeemed after
par
Transactions New York Stock Exchange...__24
Transactions New York Curb Exchange....24
y Allegheny Ludlow Steel Corp.—New Director, Etc.—
been
:
:
15^11—y
f
and at prices scaling down to
plus accrued dividends.
"
Overrthe-Counter Markets
•
.Edward
*
4,436,055
1946.
.
2,768,918
(net)—
applet
-
financing, is to
995,507 shares of common
Chicago Stock Exchange—.!
/—!-
.
of
1947-^12 Mos.^-1946
13,521,999
<
week
STATEMENT
2,894,967
,
ira»sivto surpus res-
since
33
Boston Stock Exchange:——.!—__33
-
—v.
corresponding
depl.
revenues—1
income
Income
year
the
EARNINGS
.
the
66,812
,
$7,044,595
.1,260,000
$307,387
,y
3,273,167
Net oper.
Other
sharte.vahd/
company
66,477
23,349
105,000
....
166,
•-
the System Inputs of subsidiaries
207,833,000 kwh/,
an ■ increase
of
16,762,1394,557,370
-
and
approps.
of,
New York Stock Exchange XBdnds)
2,924,761
5,004
^
taxes
reserve
over
-7 $!
''.'C'V"' $
37,331,527 ' 33,285,098
taxes
r
;
.
capital stock,: Adjusted
preferred
1949,
prog;
3,000,154
4,262,088
$412,387
stock
''v.y
revenues—
corpwl^te
585,193
-
$816,256 $10,052,757
.
——2,jv
Int. on long-term debfc_
Amortiz. of debt disct.,
•—
585,193
585,744
profits taxes
Gross
N. Y,—V.
Co—Weekly Input-
1947—3 Mos.—1946
,
expenses4 —
Federal
to
10.5%;
or
CONSOLIDATED
Prop, retirmt.
par)
shares
five
Light
Operating
totaled $53,041,662
$32,289,328
15,295,234 ?11,785,878
3.595,625
3,523,948.
3,239,610
and
York,
;
Operating
hew
a
($100
stock
kwh.,
Subsidiaries—
Other
1947—12 Mos.—1946
taxes
income
Co., 55 Broad St.* New
Period End. July 31—
V:
$Bal.-
304,295
,
Trust
!>>
.
company v amounted
'.-*t
:
Associated with The First Boston Corp. and Harris, Hall & Co.
(Inc.) in the underwriting are: Drexel & Co.; Harriman Ripley & Co.,
Inc.; Lee Higginson Corp.; Merrill Lynch, Pierce, Feriner & Beane and
Smith, Barney & Co.
'"i".Y,~'/"V'l7'Consolidated net sales for the six months ended June 30, 1947,
acquis.
2^—y—-
company
For the week ended Sept. 25, 1947,
v
Oct.
Jcnrinaativ^Y
;v.:xr;
30,
30,'
$2,873,304 $37,030,507
;
year, 1946.
the
1250.
i carried to consolidat. ■*"',"-v'•"'y• .'S■■iy';:
1947—Month—1946
—
expenses
■' ,o
American Power
.v—V
Period End. Aug. 31
Gross
of
p.
46,150 shares of serial class A stock, optional dividend series
which were drawn by lot on Sept. 22, for redemption qn
1947, at $52.50 per share and dividends, will be redeemed at
-19,766,000
Alabama Pdwcr Co.—Earnings—
•„
1,
1041.
■'p.
-
.
stock
1936,
•Nov.
.
14,266,404
1,172,391
for. the
$4,005,029
common
since 1902.—V. 166,
American Cities Power & Light Corp.—Stock Drawn-^
The
f
155,833
9,430,745
from
—V.
1944
V ; 697,441
?
from
Net
Sept.
Sept.
$1,833,248
Prom Jan.
i
one
the new 4%
of
The-new
$1,483,357
394,231
76,762
Oct.
shares
of record
Outstanding
RR.—Earnings—
.railway:—; $1,352,108
Net
compared with
paid on the
been
of
stock.
y-Augusf^ite^tf.y.
Gross from
on
of
rate
consist
-
$2,567,594
new
the
549,370
■
Great Southern
ama
ton-mile.—V.
a
,outstanding 5 Vt%
3.124,714
1,105,752
503,493
I
■*
four-engine planes to airfreight carriage, giving
12 all-freight planes.
And, effective Oct. 3,'Mr.
airfreight rates will be reduced to as low
;. any balance for geieral
5 irient4 riiiii ;improye«ient
" rr*"-;
-
one
subscription" rights, expiring on Oct. 20, 1947. Each share
qtoss income
preferred is to be convertible-into common any time prior to
,TntprPRttn
niihi7n~!nT
Oct. 1, 1957 at a price of $44.44' per share of common.
:
other deducts
fnet )
Proceeds ofthe new preferred stock
are, to the exterit available to f C"Amnrfi7
!f n\tl-annn\C
be applied toward repayment
if short-term bank loans totaling $12.250,000 incurred for the retii^efeift on Sept. 30,
«f tk.
■
aoiuscmen^
.•145,073
80,486
2,623,168
income—" i,„ 522,637;
oper.
—166,
55,589
,
of
par. value, for each share
directed that the common
$1
26
.
1945
43,362
>
.
'
1947,
to
dividends have
its predecessor in each year
and
Other
the
of
$322,879
3,415,097
;
gWi'OMS/s.-.iiom; railway_!!!
Ndt from rail way
1946
14,
Cash
1, 1947. "A group headed by The First
Boston Corp. arid Harris, Hall & Co. (Inc.) are underwriting an aggre-*
gate of 100,000 shares less the number Of shares purchased upon the
RR.—Earnings—
144,182
of
Sept.
on
Oct.
on
amounted
y
the
from
notice
MISCELLANEOUS
-
American's
199,101
common
Vice-
and
165, p. 3273.
$425,665
122,743
oper,yncomer—
Jttm.nry 1—
rrom
/V
$407,494
railway——,
'
Net
1947 /
\
August—
Oross
DC-4
company
of.
exercise
Akron Canton & Youngstown
1947,
3,
be made'
will
stock,
common
total .of
a
said,
The
&
the Louisiana Ice
of
Oct.
received
American Brake Shoe Co.—Preferred Stock Offered—
Holders of Common Given Prior Rights to Subscribe—
•
C; Jerome Jennings, President, announces the election of C. W. McDow«11
distribution
a
having
capital.
■
•
six
American
Smith
-yyvy.:y—
Airline Foods Corp.—New Treasurer—
^,
working
for
.
,
not
additional
on
p.. 1250,
be
Exchange
A program to increase its airfreight fleet and
airfreight service by
approximately 100% was announced on Sept, 29 by, this. corporation.
C. R. Smith, Chairman of the
board, said American will convert an
Registers With
i;;5!!:;/!!.
company
record
of
Stock
American Airlines, Inc.-To Increase
Sept. ?6 filed a registration-statement with the
SEC covering 150,000 shares
($1 par) common stock.
Underwriters,
Reynolds & Co., and Laurence M. Marks & Co., both of New York.
'
•
.
V
v:V'
Air Products, Inc.; Allentown, Pa.
York
-y
on
the proposal.
McQuay, Inc., manufactures air-conditioning and heating equipment
deep-freeze lockers and Aeronautical Products produces precision
and
tools.—V. ,165,
INSURANCE
-
quoted ex-said distribution until" Oct. 15, 1947; that all
certificates delivered after Oct>.„3, 1947, in settlement of Exchange
contracts made prior to Oct, 15, 1947, must be accompanied by duebills; and that all due-bills must be redeemed on Oct. 17, 1947.--v. 166, p. i25o;
■'
—y'v.v.
preferred Share: of McQuay, Inc. Aeronautical has
149,910 shares of capital stock. !■•*/;>•,—
'*;•>!/
outstanding
New
stock
share
common
INDUSTRIAL
>
corporation that
additional share
proposal to merge this company with
a
•
•
J Allen Industries, Inc.—Stock Distribution Ruling—
Con¬
y Aeronautical Products, Inc., Detroit — Proposed
solidation.—, y?,.>■
■;!! ';vyv.'y
The
'
'
Copy
a
Corporation and Investment News
PUBLIC UTILITY
-
'
•'
.
General
Price 75 Cents
York, N. Y., Monday, October 6, 1947
2
THE
(1350)
American Viscose Corp.—Partial Redemption—
The
corporation has called for redemption
share
per
Its
5%
at J.
plus
cumulative
P.
As
part
a
investments
the
Co., Inc.—Subscription Offer
has
company
Net
issued
The
warrants
subscription
change.
listed
are
the
on
Stock
York
New
The
company
preferred
and
Co.
series
their
of
See
such
of
Water
Cities
stocks
of
shares
for
privilege
the
stock
common
>>::
the
of
Ex¬
shares
of
stock
common
the
of
1,005,872
certificates
their
for
shares
the
with
and of
the
401,636
63,643
Bank,
the
assented
will
payment
166,
be
made
154.
p.
the
of
Public
of
Ended
June
and
public
Ohio
—V.
"
Water
the
Corp.,
the
"165,
Oper.
:
and
Service
Co.
APPLICATION
stock
common
who
OF
have
not
$90,507
PROCEEDS—Of
offered,
(a)
t
Dr4,042
total
the
of
Net income
-V. 166, p.
munity
«old
Water
to
Service
to
offer
Co.
stockholders
underwritten
be
John
OF
BONDS
Hancock
19,072
•collateral
from,
trust
bonds
exclusive
'expenses
of
Life
'
at
connection
in
and
par
with
the
approximately $14,965,000.'
proceeds, see V. 166, p. 1146.
The
issuance
deducting
and
further
proceeds
net
after
and
For
stock
common
and
the
/•
respective
sale
First
Boston
3.675
-4. At*# —
yU.
several
stock
Other
First
-V.
Lynch,
Pierce,
>'
3.65
ner
&
the
of
severally
"'Stone
&
Webster
;/
•
of
.
.
.
/
}
-
■
A.
G;
Becker &
Central
■k'b
taxes
income
,
-
of
and
the
income deductions, o
Rollins
&
1,192,188
Gross
Richards
/ Net
.35
:
-
.183,185
-
Writer
&
Christen-
and
H.
•:
?
;
Johnson
H.
F.
&
&
Co..
Co
■
—*
Clarke
Corp
—„—
...
The
California
.
.
.90
.75
.75
.55 A
J.
.55
Weil ft
Bacon, Whipple & Co..*
Boenning & Co.*—.—'*
.35
—
.35
indenture, ' dated
as
~
168,
p.
of
Sept.
10-year 3%
D.
Van
Harold
•"
Other
Hooser
ft
Co—
Arnold
Net
,
.20
!20
.20
E. Wood
Co.—
,20
.20
Co.
ft
Electric Output Increased—
week
ended Sept.
1/
•/>■
10.21%
Of
over
the
1946.—V.; 166,
'/'
4,131,684
139,688
3,303,290
24,727,422
3,447,978
315,707
2,889,095
i
3,327,341
'
vc;
342,095
debt,*
743,303
947,074
63,680 /// 77,301
Z
1,007,597
10,738,098
136,378
1,450,390
/ 1,343,594
11,581,752
763,066
.5,150,007
600,487
debt
167,109
638rl60
funded
976,271
6,506,494 113,150,113
Act—*—
6,760.776 /• 4,034,093
3,822,238
3,456,116
funded
on
„—
6,107,093.
a/c
Railroad
Retirement
a/o Railroad Unemployment Insurance Act
1,902,008
—
.1
—
•
'
"»
,
12,185,022
*
7,523,074
,s
Co.—$3 Dividend—
The
19, a-year-end of
.<•
>
$2,25.;
Bank
for
Trust
&
Co., New York, N. Y., has been apt*- /,
equipment trust certificates, series "V/A-S ^
$5,600,000
>>'■'»/
.•
-
Baltimore Transit Co. (&
Operating
.
Sub.)—Earnings—•
1947—Month—1946
income-*—,
Non-operating
L'v
.
income.*
$73,672
'
-
3,645
>
$16,075,389
;
C 12,814,231
11,776,835
£
1,496,334
2,177,613
M $239,473 !
.;
$929,936 '
$2,120,940
38,325
50.43S
$968,261
4,602 Y
/,.
■
v
1947—8 Mos.—1946"
;;
$1,976,814 $15,240,502
$2,171,378
.
;-/■,/.: •!"
::
income™——!
Fixed charges*—
*;
$293,781
$264,075/
/v;
1,660*'
$77,318
;„*
6,530
Iirt-. on series! A debs.—
51,793
:■))!
,—
Net income—_—****!
—V. 166, p. 154.
53.149,
.
97,000
^Prov.- for contingencies
$300,381
/
interest
and
'
direct
former
indirect
;'.
20,204
//.
24,051
; 432,431
414,643
;
***_**,
388,000
$533,413
such
$112,266
$18,994
$1,326,895
Bangor & Aroostook RR.—Earnings—;
under Chapter X of ;
1946,
Period End. Aug. 31—
1947—Month—1946
oper. revenues!
/Railway oper.;.expenses*
/ 670,501
20,962
/
Bank
Until
of
Railway
$596,571
$591,119
679,928
i:•>: 5,057
.
•
1947—8 MOS.—194©
$8.268,238 /$7,251,875
6,084,562
6,157,983
1,048,354
?
/ 600,842
12
York," 11 Broad Si, ///JRwilway oper. income '&■: $94,892
$93,866 / $1,135,322
Drl5,93©
o'clock noon on Oct. 30,-1947, receive 1 Rent income (net)***!!!//'-149,701>37,951
28,292
1,188
2,640
gold debentures sufficient to exhaustOther income (net)—
the
City
of New
interest
paid
due
Oct.
the
on
p.
>' - 1 ■<
*
'
'
.
+
Income
/fixed
gold
2287; V.
Colorado
" *
&
Santa
Santa
Fe
Fe
and
Ry.,
Ry.)
Fixed
//
debits
Barium
i»47-»M03.-W47
^drawn__
Income*
28,105!280 216^787,857 205'780^723
ry, oper,
—
—r
**.
3,878,667
3,415,364
-
28,42© '-fl.-
11357
>..*$87,377
.
/ •$54,727
.;
,
$1,147,684
366,637
r $532,833
$781,047
$173,083
.44,746 " /
*$99,473
359,750
166, p. 851.
Steel
■ > v:
Corp.—Registration:! Statement With-
;*
/
.5;; *
/^ SSSwu-SSr 9^
withdrawn fiant. ,.25
Beatrice Foods
;V
33,837,141
29,240,587
44,826
The registration statement^^ (No,.7113/ filed/With-.the SEC June;
; '
071 710 7fia
4 313,404 >42,228,808 >35,825,849;"
'/ 527,056 •
593,279 -, 215,449 <
_*__*—_*>/"' 651,235
income
♦$42,551
!—**—*
•Deficit.—V.
Panhandle//!!
AM' 909 Ut t\M
-iA
$493,056
for
available
charges
charges
/Net
>:J-
1947—Month—1946
'
t
(at the rate" of 5%. per
debentures/at/the' Above¬
162, p. 1883.
, r
* t ^
1947
1,
&%
4,503,910
4,106,470
Atlanta & St. Andrews Bay Ry.
v.
from
■
v'
V.- 1fih n 1147.
, .... ...
^ —f
*.
i
'
-•
Co.—Earnings—
/ Period End. Aug. 31—
1947^3 Mos.—1946
1947—6
Mos;^1946,/
,
1947 '
/
'
'■
;
i
55,426
/ 22,443
income
1946
1946
-,
Jan. 1—
Gross from railway*!*"
^
$138,491
44,512
$140,978
******
from
railway*.
railway operating
'{-/.//^-From
-Earnings —:
■
railway!—*****
Net
from
Net
,
ry.
24,570 Y-
railway---—
oper; income*!-
/♦Deficit.—V. 166,
A— —-——A
— —
from
railway™*-—
*****
railway operating income***.***
—V. 166, p. 945.
,
)90,559
/I
288,730;
1,225,513
495,847
/197,370
'
'
Net
*
93,670
•■■v i /. •' '>
.
,
*
Atlanta & West Point RR.-
p.
-Eamings-
1947
.
1946
'
1944
<
..
from
.
to
.4,960,514
1,154,779
—
Registers Wit
>/,/:,y:'/
stockholders
for
general
at
par
corporate
letter of notification with the SEC !Y ,
common stock to be offered for subscript
Without; Underwriting.
Proceeds will be ,/
filed
a
purposes.—V/166,
p.
1147.:•!.-!//•'•■ C-y^ /
-
..
Net from
*
*
,
'
Belden Manufacturing Co., Chicago
The company on gept, 22
for 29,164 shares ($10 par)
i-
tion
i 8,642,128
946.';>*/./Yj'Cf'Y'.A/• TT,
SEC—
/lused
1945
5,945,672 / 6,075,295 Y. 6,978,028
2,556,221/, 2,894,512
3,454,011
> 1,287,822/: 1,168,441; :;;: 755,38®
/
Bell Telephone Co. of Pennsylvania—To Issue Stock—
railway****;
$466,178 •! $503,369
$375,4707
$370,872
»
The company has petitioned the Pennsylvania Public Utility Coni191,215
railway!*.
87,889
149,555
63,659,
-Net ry.-epeTr-itteottte—
V >
mission for authority to issue 250,000 additional shares of $100 par
38,362
32,779 /V 32,717
26,630
«/
1
1
From January 1—
<
/value common stock. •>
.•'//'!/*"'
>'!• •>
•">
./:
I Gross from railway*!;* ; 2,672,545
'. / The stock will be so'ld at par to the American Telephone , ft Tele- 7..
2,618,654 / 3,628,350 '• 3,804,935
Net "from railway______
344,941
1,450,244
1 graph-Co., its parent, and the proceeds will be used to- pay Off notes
1,181,901
," 222,476
Net ry. oper.- income—!
266,345 ■/ taken by the parent company against advances made-to the- Pennsyl;
*6,125 1- -100,506
244,130
?«
w/V.vania unit.—V. 166, p. 1147.
v. ->.:
• v
♦Deficit.—1V.166, p. 945#-'
Gross
•/>'•>/•-'
directors on Sept. 23 declared a dividend of $3 per share oncapital stock, payable Oct. 21 to holders Of record Oct. 10.
A
similar distribution was made on July 22,
while on April 21
the
company paid 50 cents.
Payments in 1946 were as follows: April 22,
'"July 22 and-Oct. 21, 25 cents each;-and Dec.
trustee
^
'
Appointed-^ •
Chemical
.
'
*
32,871
,
* *
215,896
■
v
■
tax
1,501,443
'*
are no longer available in: view
parents,—V, 165, p. 2922."
,
the
of
January,
.
■
>."
1,294,988
20,595,738
income
/>: Gross
for
returns,
Net
'
output of po,976,400 kwh. for the corresponding week
p. 1250.
'
■
>
166, p. 1250..
178,023
3,011,634
170,559
; 2,869,920
/>>!•••/••:/;;//;/:.$
August—
—V.
1,608,440
179,633
1,531,793
;
consolidated
in
securities
on
From January 1—
Gross from railway.
r
properties of this company for the
totaled 100,260,000 kwh,, an increase of
Anaconda Wire & Cable
16,136,055
12.951,423
1.807,400
1,237,544
17,392,292
>'■
2,610,632
than
;/
electric
1947
being
August—
Y Net
Inc.—Subscrip¬
Co., Inc. above.
.
27,
is
income
Gross
the
305,133
/,'/>/:;:/
V'2947, under Which there has been
collateral trust bonds due Sept. 1, 1957.
American Water Works & Electric Co.,
tion Offer—See American Water Works
of
40,891,458
1,644,516
237,181
boftd>-V;166,;//^Railway'
Is trustee under the trust
1250.
output
5,139,306
2,130,928
*'///
.20
Net
Power
y./'V
■
29,897,742
/.Net .sales;**!*!—!_!!!* $49,999,342 $46,765,808 $92,614,351 $80,302,650 //
25,779,683
Net profit'after-charges f v>
■'//and taxes —!_—™_
1,014.902 Y 1,870,206
1,666,491 Y 2,553,833
Interest on 100-Year Adjustment Bonds— > i
No., of common shares**1 ^'.511,702•// 511,792
"511,792' '//511^.702
The directors have declared due and payable Nov." 1," 1947, at the'
*/Eamed.. per-share-*.-**'':$1.88/;)"■:; $3.5J','•>/;/ $3.0©/;// $4,74t'>)/office of this company, 120 Broadway, New
York' City;' Ah annual
.instalment of interest (being the 5lst annual instalment)-at, the rate-Y') —V.-. I66, p.' 154.//Yl//|
/of 4%. upon Its unstamped adfustment. bonds, being $40 upon each;
y Beaumont Sour Lake & Western
Ry.—Earnings— // I //
,■,$1,000 bond And $20 upon each $500 bond/ and also ft semf-annUai
//-August—
instalment of 2%
interest upon its stamped adjustment bonds! being
.Gross from railway-***. /' $559i452,..,i $461,339 .!$593,660 wy $895,02^ •//'•
/$20'upon each $1,000 bond and $10 upon each $500
167,399 7 ;
85,575 / 183,402
' 447,257
P. 8S0; •'■;
/
47,042 Y/'v. *7,346
',',; 71)519 .:/ l03,664 .•/
1//.
///■■
Net ry. oper.. incomc_*!;v
Net
-.20
Wurts, Dulles ft Co.—****
TRUSTEE—City Bank Farmers Trust
issued $15,000,000
■,;
*/ 1947—8 Mos.—1946
196,651,788
24,232,229 194,113,870 180,515,733
!Taxesv .****«*—**!!*«—"
$3,163,701
$424,215
revenues—__*
41,431,209
Ry.'oper. expenses—*. .29,413,559
Ry. tax accruals _**„_ ;
6,792,505
.20
Sweney -Cartwright. &
!
&
$125,347
29,371,535 235,005,328
$1,776,025
Cr6,600
Ry. <d>er.
,20
t20
.20
Paul ft Co.—*———!__
Co..—
Patton
'
/
-1947—Month—1946
Period End. Aug. 31—
Atchisonf Topeka & Santa Fe Ry^- -Earnings—/,
•
>.20
—
McJunkin,
semi-annual
.2(5
Co._*
Taussig, Day ft Co., Inc
Buckley Brothers
will
Period End. Aug. 31—
*
The Robinson-Humphrey CO.
Scherck, • Richter Co._**__!*
_
.75/
..
/ / $235,963
Operating revenues__!__
Operating expenses*!—*.
$3,283,497
$424,215..
&
.20
Kinsley & Adams
Mason-Hagan, Ine.-__
Milhous, Martin & CO
'
-
National
(Includes Gulf,
.20
Co.—!!!*!
—
Inc. •—!*!——
.75
■U
.29
Johnson, Lane, Space ft Co.,
.90
Chase
-mentioned bank.—v. 163,
,29
—
.9©
.75-
4,170
150,000
;
•
—
tDteficit.-
;>
non-recurring
(reorganized in
.20
Hill ft Co....
,75
$66,078
278,463
other
on
—
pointed
>v 1946
taxes
deductions
charges
N. Y.,
for thfi"sale
:20
Edwards & Sons.™*
G.
First
and
W.
.90
*
the
reorganization of
annum)
Cunningham ft. Co.,
Inc.
A.
1,05
.Putnam A Co—
.The Wisconsin Co
the
to It of Z%
i;the sum -of- $10,426.
-;// !v:;'.;■•>/
.20
Davis & Co._—u—*
.Moore, Leonard & Lynch
from
York,
bids
.20
K.
the
The
20
Co.
Co™———
Burnham
S.
-
4,000
10,018
200,000
"*
/V. 166, p. 1251.
$1,520,071
2,800,737
fncome___**
amortization
New
.25
Equitable Securities Corp..*
Harris, Han & Co. (Inc.)!!
jThe Milwaukee Company..*
4,000
r
Asuncion Port Concession Corp.—Tenders-
.35
Boynton & Co., Inc.—
Richard
.90
•'
income,
funded
on
int.
Total
...
.35
Allison-Williams
& Pome-
Maynard H. Murch & Co
flKinger, Deane & Scribner—
Baker, Watts & Co.—
Mackubto, Legg & CO
!
$283,520
12,859
Railway tax accruals—*
of
■;
Inc.
Lester & Co.—.25.
1.80-
*
of
income
/parent companies
1.8©
Co.-
it
228
$449,982
,'■//, 45,000
oper. > 5,158,374
ry.
oper.
Trustee
$928,530
^
$3,224,952
—*
Federal
of
*Resulting
Geo. G.
Whiting, Weeks & Stubbs_— 1.25
Paul H.
$283,292
14,057
•
Balance
Bateman, Eichler & Co.—* " ,25
•
1.80
$435,924
Federal income taxes
3,872,686
$3,419,809
_
,
$127,936
_*.*
•Include:
/ the Bankruptcy Act) which deductions
R.
1.80
JUter
(exclusive
in
.35
*:.
Bioren
Laurence M. Marks it Co.—
from
deducs.
Net
Tax
; Cr591,541
—
income*!*!!*!!*—^*!!!
.35
Payson Si Co.*.
Stix & Co.—
1.80
F. S. Moseley & CO
1945
690,855
/
expenses
chgs.
Excise
$7,607,747
$$,071,736
._*_——****____——_*—**^
Northwest Co.—*—.
M.
Estabrook
roy, Inc.
income
••Reduction
.35
'
2.75
—
income
reduction in taxes)
.35
Co.——
&
Alex. Brown & Sons—.* 1.8©
SOhoellkopf, Hutton
taxes
?•
$974,147
902,608
interest*
facility rents (net),
debt
.
.!_!!//. 194,857 >/ 119,796
—
.35
sen,
2.75
Graham, Parsons & Co
1946
'
2,839,195
1947
—
and taxes
Co. of Calif— '
Peters,
2.75
Co
1
: /;
.
30,866
754. /;
Conting. int.
.35
Applegate—Lk
*
.20
Arthurs, Lestrange & Klima " .20
&
<fe
Total income
■
391,936
'876,711
2,405,910 fl 2,593,673
1,623,035
1,775,441
$2,071,736
Total deductions front
.35
2.75
—
1722.
""""
p
$1,338,532
-period*!-*-*—
p.
rev.
int.
2,252,11©
12 Months Ended June 30—
.35
Corp.—*
H.
■
3.65
Inc.
deprec.
';S
Fxd.
statement of income (company alone)
Total expenses
-
Sons
com*
:>
165,
/
4,000
fox*
oper.
The
'Total income
]
:
P.
J.
$923,892
826,821
-
—
for Federal
166,
Fixed
10,792,890
;
income—
Pacific
.
W. E. Hutton & Co—™—- 2.75
H.
Trustee—
$97,071
:
(net)—_*_*—
before
Net ry,
$5,067,330
$3,918,246
2,995,594 •.?.>2,y89,716
CO.
,
Pacific
Coffin & Burr, Inc.——— 2.75>
.Hemphill, Noyes & Co.-—— 2.75
E.
profit
income
Miscel.
3,274,215
subsidiary companies-—.
—^,—
!/;•
Laird, Bissell & Meeds.—* " .35
3.65
*Hombkrwer & Weeks—
1947
expenses
•Railway tax accrualsEquip, rents; (net) ; —
$8,341,545 =: $7,790,932
—
deductions
income
Net
/ E. W. & R. C. Miller & Co..
.35
Newburger ft. Hano*u—;-/.*/• ^;>35 ■:
/
(Inc.)
-Earnings;—
30,657,388
^
V $8,139,470
182,073
—
(net)
Balance of
Co., Inc.—.! 2.75 " / William R. Staats Co.—.
.35
2.75
Starkweather & Co.*—™!!7— .35
Co.
Indemnity Co.—V.
25,499,014
1946
1947
2,909,897
.
——
a
'• $357,236
1,403,518
/•Reduction in Federal income taxes.—!——!—■
purchased
Oranbery, Marache & Lord*
3.65
Republic
general
;i!'\ 1
140,031
2,504,626
—_
-
v Exps.,* taxes
unsubscribed
be
to
Michigan
Hill
Securities"'
Mutual
Ry.
3,563
.
$32,942,445 $29,292,794
/-•' Balance
the
Grimm A Co..
3.65
Corp.
Union Securities Corp.—
A. C. AHyn and Co., Inc.
Blair & Co., Inc.
of
3.65!
Beane
Atlantic
Baltimore & Ohio RR.—Ea rnings—
-
."/'>■ >/
underwriters
3.65
Fen-
....
Period End. Aug. 31— >
$497,267
——12,906,872
Cross Income
bonds,
application
of
Charles H. Oilman and Co.*
Kidder, Peabody & Co.—_ 3.65
Merrill
the
and
Profit
..
;
revenues
income
Income
there*
Brooke, Stokes & Co.——
.
3.65
.Harrlman Ripley & Co., Inc.
'"$479,359
its
'>■/>•>>•;/
Corp.—3.675
Blyth & Co., Inc.—
Eastman, Dillon & Co.
Glore, Forgan & Co.—.
Goldman, Sachs & Co
of
Provision
c/oj
W. C, Langley & - • CO/-!
$4,488,537
Interest !!*!!__!!—_—_*!!!!—**—
Subsidiaries]
Domestic
Operating income
such
of
details
percentages
and, unexchanged shares of common
by each are as follows: ;/>//-■
The
$388,823
*'$688,682
850.
p.
Depreciation'
$493,704
-
$393,421
.
Other taxes (including State income/———;,
estimated
vv'//'/ :
;:
the
of
names
operating
Federal
fold for cash to
$15,000,(4)0 10-year 3%
Co.
*
UNDERWRITERS—The '
Other
1
102,694
Prov. for deprec. of property, plant and equip.
Amortiz.. of utility plant* acquis, adjustments—
has
Company
interest.
interest
were
Selling
•
Maintenance
be
-
3,227,8581
26,75©
2,664,933
Morgan, Jr., Vice-President and a director of
Incorporated, has been elected a trustee of this
Co.,
Operating
$496,115
.
$123,739
"Electricity purchased for resale
Com¬
to
25,106
2,727,064
f
'
Total
of
will
326,094
Months Ended Aug. 31—
Gross profit on sales™——.
'
Operating expenses
of
4,878
>
.
Insurance
accrued
$54,877
•
945.
[Including
its liquidation.
The number
2,687,069, the number of shares
L
\
be
PRIVATELY—The
Mutual
stockholders
common
V.
$4.U3
j-:;i
Drl,752
$142,812
31,588
:
'
137,909.' 5,163,089
4,936
'327,069
2,234,509
$497,867
;
Associated. Electric Co.—Earnings^-
?■
upon
will
outstanding will be 2,704,472.
*V SALE
of
the
to
or, to the extent not so issued,
Service Co. for distribution by it
Water
common
shares
to be
exchange
Community
remaining
,of
the
Cr240,186
———,
*4
.
' •/
2,231,678
174
•
$86,465
——■
12 Months Ended June 30—
pursuant to
subscription offer or. to the extent not-so issued, will be sold
to underwriters,
(b) 343,963 shares will be issued pursuant to the
exchange offers to the preferred stockholders of Community Water
Service Co. and Ohio Cities Water Corp. or, to the extent not so
Issued, will be sold to underwriters, (c) 11,402 shares will be issued
to
*$1,006,528
Other> income
v
'
.the
pursuant
$2,077,618
Austin, Nichols & Co., Inc.
Jt.
the
shares
2,698,472
$581,886
Spencer
ft
and
pany
Net
income
Gross
Int. and other deducts.-
shares will be issued
2,343,105
Junius
Morgan
_
*'
,
^
$9.t>8
-
$142,637
2,538,860
>$596,863
.Ry. oper. revenues--*!,,
offer.
accepted the exchange
*
506,091
5,100,000
2,025,745
.Atlantic .Mutual Insurance Co..—B^nk^f
;
Profit
'
570,270
taxes—
77,877,987
7,200,000
-147,529
contingent chgs!
/Loss.—V. 166,
i947.;).»;'^;,(! 1946
**--!!
75,594,153
Cr200,000
56,409
•"
.
/
oper. income—
income
(net)——
Other
company
Water
'
■
/■///Y/: Y/Y//
•.■/'/■
income
9,102,84 8
700,000
income.
oper.
>/
1947—8 Mos.—1946
:
■
$9,632,263 $86,897,520 $84,510,319
8,637,042
/■
/>;/Net income !**£/,***!
/
.
taxes--******-*.!!-- $15,673,041' $6,604,141
;
!■'". 1,634,748 / 1,634,748
3390.
p.
exps.
/' Net
stockholders
of
such
companies
not
exchange offers, and the distribution of common stock
to the public common stockholders of Community
the
Other
New
of cash to
who
have
distribution
•
upon
ry.
Fixed &
Arkansas-Missouri Power Co.—Earnings— /•'/>
3 s
Period End. June 30—
1947—3 Mos.—1946 // 1947—-12 Mosl—1946
Operating revenues—$660,777 ■! $648,728
$2,729,544/ $2,728,212
Utility Holding
preferred
accepted
of
Cities
464,520
/V S \
p. 1722.
30—-
and
shares—
common
■Earned.- per' share—i******-^—*
Company Act of 1935. The
plans provide for the ultimate liquidation of Community. Water Service
Co.
Net
presentation and.surrender*
/
;
—
Miscellaneous deductions
$18,800.'
notes
,
11
'
\■'/
Co.; ihc., below.—V. 165,
profit after charges
Number
York, agent, at or before 3 p.m. (EST) on Oct. 6, at which time the
exchange offers will expire,>. • v J.
The exchange offers are being made by the company pursuant to
the plans of American Water Works/and Electric
Co., Inc., under
Section
!
-.'501,223
.850..,'^y
p.
Products
notes.—V.
Months
12
Net
for
National
Chase
982,663
395,756
-
$8,796,588
3,931,119
! 940,010
Archer-Daniels-Midland Co.—Earnings—-
':/
company
.
the
P. W.
A.
Immediate
of
comv
"v, • .
/■
each of the
12,369 shares of such preferred stock of Community Water Service
Co. held, by the public;
■/Y v
V
l/20th' of one share of common stock of the company for each
of the 228,055 shares of common stock of; the
Community Water
Bervice Co. held by the public;
and
19.825 shares of common stock of the company for each of' the
2,257 shares of such preferred stock of Ohio Cities Water Corp.
held by the public.
>•
Holders of such preferred and common stocks of Community Water
Service Co. and of such preferred stock of Ohio Cities Water Corp.
who desire to accept the exchange offers must deposit for exchange
at the following rates:
24.191
:4,138,175
3,908,246
,V
RR.—Earnings—
1947—Month—1946
J—
revenues
Operating expenses
'
—!
Equip,•& jt. facil. rents
Taxes
.
exchanging
of
64,491
\
OFFERS
Corp.
57,164
J
A. P. W. Products Co., Inc.—Calls 6% Notes—! .
All of the outstanding 25-year 6% convertible gold notes pf A. P. W.
Paper Co.," Inc.", both* assented and unassented, have been called for
redemption on Jan. 1, 19.48, at 100%-of-the principal amount thereof,
plus interest on the unassented notes to that date, and-.interest, if,and
to the extent earned, ,on the assented or income notes to that
date.
Payment will be made at The National Commercial Bank &
Trust
Co., trustee,
Albany, N.
Y.
Each $12.50':'face value of un¬
assented
notes and
each $6.25 face value of assented notes may be
converted into one share of common stock on or before Dec; 31, 1947.
The
principal amount of the unassented notes called-aggregates
is offering to the public holders of the $7 cumulative
stock and common stock of Community Water Service
public holders of the $6 cumulative preferred stock,
Ohio
shares
pany
5,052,836
the
to
A,
railway.—*
railway—C*
oper. income—
ry.
$2,100
first
•15,864
.
•
,
Atlantic Coast Line
Period End. Aug. 31—
Operating
,
,
EXCHANGE
86,866
1—.
Jan.
1944
$521,051
136,887
A; P. W. Paper Co., Inc.—6% Notes Called—
to
Francisco.
San
oper. 'income***
,//Deficit.—'v.: 166,
company
American Water Works and
Electriq Co., Inc., transferable subscription warrants evidencing . the
right to subscribe for 2,343,105 shares of common stock of the company at
$8 per share,
Such warrants are being distributed on
a
share for share basis to the holders of the 2,343,105 shares Of com¬
mon stock of American Water Works and Electric Co., Inc., of record
at the close of business on Sept. 26, 1947.
/ .v.;,.... '
Subscription warrants are exercisable at or before 3 p.m. (EST)
on
Oct. 6, 1947, at the following offices of agents of the company:
Chase National Bank, New York;
City National Bank & Trust Co,
of Chicago and Bank of America National Trust & Savings Association,
Inc.,! the
Co.,
26,092
from
Net
consideration for the transfer of
waterworks
by American Water Works and Electric
the
of
to
180,359
from
Gross
American Water Works
railway-—*—
ry,
From
Monday, October 6, 1947
—
1945
$521,305
112,460
1946
$457,149
Net
purchase fund agent, 23 Wall St.,
railway
$685,775
from
CHRONICLE
RR.—Earnings1947
from
Net
1250.
N. Y.—V. 166, p.
FINANCIAL
&
August
Gross
per
Morgan & Co. Incorporated,
New York,
Ann Arbor
■„
1, 1947, at $115
Nov.
on
share in accrued dividends, 4,301 shares of
preferred stock.
Immediate payment will be made
$1.25
COMMERCIAL
.
-
yi, vtr*
Volume
166
Number 4635
THE
Bessemer & Lake Erie RR.- -Earnings—
August—
..
flGross
:Net
ry.
I
:'i
1945
$1,713,785
1,306,694
390,372
779,847
992,548
357,729
553,516
income™
Jan,
>
993,348
..
Net
ry.
income™
oper.
166,
851."
p;
~
5,084,693
V"
...
1
12,478,746
2,197,573
13,550,118
3,334,139
of
Duplex
2,432,962
1,656,146
2,992,211
one
2,203,932
■; V
"
y
'
:
y-'f.
*:•
which
the
the
location
same
Fabrics' of
of
the
Angeles.
v„
It,
.
of
V:
JLouis E. Yunker, President, announces that a new 400-ton press
'.;
(being'.installed in the company's Bingham Stamping Division plant' will j'
fee ready for production about Oct. 15. ! Thfc press, which has a 20-inch
with
bed
a
of
area
inches
58
front
and
Tight'to left, will substantially increase the
sgtampings and drawn shell work, he said.;
A
Some "new' business
fcion
releases
to
•
also
was
the
"and
New
1410
will
soon
as
the
as
and
press
added.:—V. 166, p. 651. 'iW' ■;■
for
(1351)
Broadway, New York,
and
headquarters for
Cambria & Indiana
wind
its
up
Duplex
will
be
fabrics
of
Fabrics
Inc.,
Gross
-U:
.
V'
.
that, for
has
Collins,
He
Vice-President
the
past
12
the
years
major
part
*
1
in
charge
succeeds Nathaniel ;C.
of
41,296.
82,358
48,293
56,335-
1,072,377
872,914
railway:
income—
174.050
422,555
advertising
and
,August—
Net
from
'
,
from
railway
.
1,238,623.
410,020
■
526.334
397,103
'
428,213
Net
Thayer,
Net
!
ry.opeh
166,
1944,
$176,700
$115,900
"16,866
"24,718
"53,945
'
"48,460
"76,001
"91,439
1,612,500
1,258,900
"310,998
1,425,000
"335,193
"47,383
"739,494
"809,297
"547,215
"285,980
•728,97i
,
.
»102,66?
•"
■'
1,401,600
income™
"Deficit.—V.
1945
$182,700
5,966
railwayrailway
from
England—Earnings—-
1946
$223,200
—
ry. oper. income
From Jan, 1—
Gross from
New
in
1947
railway—
Net
relations1.
public
Canadian National Lines
.
/;■ r;-V:-'■
1,087,076
1,058
289,086
—
946.
p.
1944
'
railway
oper.
166,
Gross
sanchu,
Jr., who, as previously announced,
has beep transferred to, the
company's finished goods division
;iMr. Smith joined Burlington Mills early in. 1S46.—V. 166, p. 946.
;;
ry.
sold
maintained.
$130,529-
40,964
..
been wovep by Burlington Mills.
The line
by the Duplex Division of Burlington
Fabrics such as silduka, sanchilla,
fabrics
from
Net
—V.
1945
$126,074
57,283
income™
January 1—
from
Net
Duplex Fabrics Corp. of New York.
continue at- 745 South Broadway, Los
1946
$148,128
20,648
49,909
railway
railway.
oper.
ry.
From
the
and whippet will, continue in* the spring line. '• •''
••/,
'Burlington Mills Corp. of New York on Sept. 8 announced the
appointment of James P.
Smith
as
general • assistant
to • Kenneth
large
U
v.
the books and produce
is set up, Mr,"'.'Yunker
Duplex
key personnel of
generally paralleling the
transaction
a
Net
affairs.
1S47
$146,093
from
Net. from
3
RR.—Earnings—
August—
Gross
cynara
inches
108
plant's capacity
for the press is already ob
start
back
CHRONICLE
York
announced
character
Mills
California,
former
headquarters will
\
V" ;
•'
-
stroke
at
space
has organized a new subsidiary,
acquired certain assets and engaged
has
California
;
Bingham-Herbrand Corp.—New Press Soon Ready-r-
,
acquired
FINANCIAL
Burlington
9,158,689
from
—V.
the*use
1—
from,, railway,--,....., 14,818,686
railway—_—i
6,446,660
Net
>1944
'•
has
&
formerly occupied by Duplex Fabrics Corp.,
Burlington's new Duplex Fabrics Division will be located on these
premises.
Arrangements have been made for Duplex Fabrics Corp.
(which has changed its names to DPX
Liquidation Corp.) to have
$2,143,780
oper.
From
tGross
'
1946
$2,414,236
railway—1,438,'978
from
.'Net
1947
railway——
Burlington
5
$2,598,075
-
from
COMMERCIAL
1
.
946.
p.
1'
Birdsboro Steel Foundry & Machine Co.
Government Owned Facilities—
•
This
Administration
ated
by
sisted
ing
acquired
company
the
of
$450,000
certain
during
company
office
an
and
for
building,
cleaning
Sept.
on
and
9,
government
the
The
war.
iinishng equipment.—V. 166,
building,
oper¬
1
from
Net
ry.
bundl¬
cleaning
'
,
Net
con¬
storage
with
August—
Gross from
Assets
acquitted
pattern
'*
!
War
facilities
facilities
together
851*
p.
the
owned
laboratory building,
finishing
:i
and
Gross
^
.
(E. W.) Bliss Co.—Private Financing—
Robert
in
the
C.
Enos, Chairman, on Sept. 24 stated that the company is
of negotiating with
two
insurance companies for a
15-year loan.
If the
loan
is
concluded, he added, the
plus treasury cash will be used
forthwith
to
redeem
the
proceeds
outstanding
saccrued
preferred, ;the
dividends, until
call
price
which
of
is
Period End. Aug. 31—
Operating
Operating
■Jt. 'facil.
rents
Gross
43,138,777
5,411,240
288,840
2,054,181
32,976
v
V-
—
23,005
201,063
178,221
-$780,052
$3,893,358
$1,725,642
"As-a
52,077
u
114,307
etc.--
523,233
880,888
$894,35.9
IP. 1046.
$4,416,591
$2,606,530
§91,424
:
349,512
2,389,311
full
166,
$2,027,280
"$21,549
...
letter
a
an
liabilities
current
in
excess
of
3-to-l.—V.
to
the
York
meeting
to
a
the
Curb
declare
and
Court,
pay
Court
declaration
for
hearing
at
authorizes
the
the
and
payment
:'s".
r
Radio
date
a
-•
special
-with
;
'
to
be
fixed
issuance
the
of
Mr.
and
dividend
any
of
will
be
acquisition
of
Inc.,
V The
166, p. 155.
Nashville,
a
Sept.
-An
common
extra
of
25
ipayment of the
amount
to
of
$1 .par
preferred
Kaiser
declaied
preferred
stock,
and
^preferred- stock
also
of
87Va
cents
-on
and
the
3 Vz'/»
declared, all payable
on
Sells Chelsea Plant—
.*
This: corporation
Jnc.,
$1
has
'
kold "the
an
stock
"!r"
■
to
a
limes
of
goods.
of
group
per
per
share
share
full
The
of
of
;
lEIfective date
bank
of
(par
to
of
^connection
xiuired
wl
was
had
of
made
1
to
the
t
assets
'&
quarter
Nov.
the
3y2%
„
of
equipment
Mass., for
will
The
offices*
record
of
in
be
added
to
of
the
Dana
135
a
*
T1
1,668,243
J, 9.701
35,120
222,354
4,571
1;: V 4,595
54,968
'
EFFECT
PRESENT
7,117
$3,260,833
Authorized
•-
the
^
stockholders
Associates—Proposed Consolidation—
at
a
meeting
Oct.
on
the
company
and
will
result
the
in
Gross
Net
1,670,000'
None
•
'
ry.
Gross
71,750 shs.
77,500 shs.
200,000 shs.
*'■
will
consider
subsidiary,
a
plan o*
Aguirre
the Sugae
Central
succeeding
the
am
continue
•
;:
■...
.
.
Net
income
opes,
ry.
"Deficit.-iV.
166,
1945
1944
■
$3,070,666
>
$3,732,203
568,493
,
1,311,800
"16,482
285,171
437,214
21,135,864
21,229,399
1,472,187
26,487,796
5,960,961
7,888,817
297,507
3,683,352
4,573,910
792,767
,
from
railway—„
from railway—-
Net
'
.'
$2,655,785
173,191
180,491
.
income.—
oper.
1946
$2,514,496
1,453,382
"403,392
:
26,470,215-
947.
p.
Trust
from
Bank
which
the
America
of
National
ha6
company
Nov.
Trust
borrowed
&
Central Illinois Public
Period End. June 30—
Savings
$700,000.
Com¬
Operating
Oper.
revenues
&
exps.
Service
Co.—Earnings—
1947—3—Mos.—1946
1947—12 Mos.—194ft
$5,364,187
$4,587,000 $21,389,347 $19,432,393
3,965,840
3,310,767
15,580,758
14,534,03»
—
taxes——.
<
Net. operating income
Other income (net) *
EARNINGS
than
Int.
$1,398,347
$1,276,440
£5,808,589
9,884
56,054
$1,416,008
444,525
$1,286,325
$5,864,644
399,241
1,809,016
$4,941,202
1,650,10ft
$971,483
$893,084
$4,055,628
$3,291,093
!,/...•;
1945
$1,112,262
1,298,015
833,101
17,661
,
$4,898,353
v
118,785
163,737
109,347
-V.
57,501
207,686
84,657
106,855
105,642
52,682
$389,588
$304,718
$221,390
$245,835
126,918
77,596
18,570
42,84ft
-
at
7,
i
$516,506
interest
——.1
$382,314
$239,960
Tdtal
161,909
131,525
65,573
93,944
v
activities
fourth
with
would
quarter
had
wholesale
gas
in
of
1947.
and Centralia-Chehalis,
respective
numbers-of
Wash.;
and
of;selling
:
•
California
."Sutro
Carl
M.
&
underwriters
by them
are
as
and
*
•
Oo._*—
Davis
2,700
*
Skaggs
&
&
y; ,116,307
$5,049,615
119,69ft
Hurry
1,907,00%
$67,023
$804,349
$1,195,500
August—
\
>
'
■
from'railway—i
railway__—_
Net
ry.
1947
591,315
V 43,091
from
Net
ry.
"166,085
.
From January 1—
"y!
from railway—4
Gross
Net
1945
$3,480,767
523,242
Income—..
oper.
1946
$3,290,666
from
•1
'
382,759
Gross
'Net
2,250
Net
2,250
.'
24,645,074
30.335,831
39,391,078
41.095,07*
2,725,729
2,936,478
10,587,258
10,595,703
"1,440,475
4,213,571
3,669,645
from
-Gr.oss
•..Net
ry.
$1,077,105
277.235
147,076
,
1946
-
$4,119,163
3,520,305
^2,589,926
;
...:
v
11,863,056
income_r^.—
1,077,10*
4,325,891
239,961"
5,310,628
631,44-4.
1
1047.
p.
290,923
,
railway-^-,
railways—
oper,
166,
1946
•.
599,047
income.
from
trom
■
_1„—^$1,529,073
railway—
oper.
•-
1947
railway_-r_i.—:•
'
■
..
1947
Pennsylvania—Earnings—
•;■'•!.'v.
from
ry.
V.
7
$4,607,140
taxes__
'
"2,527,314
From January 1—
Net
Co.—Earnings—
Operating revenue.—!
678,005
•
railway—___
Central RR. of
*
! \
$5,360,885
1.638,84^-
oper, .income™
August—
2,250
&
1
1944
$4,524,643
1,026,589
"Deficit.—V, 166, p. 1252,
2,25.0
Co.____—_
Co.—
Strauss
$5,252,09*
$3,345,095-
income
Gross
2,250
.
$454,645
•
div.
Net
2.250
& Co.—
12 Monihs Ended July 31—
$345,861
1,479,599
No. of
Co.
—V.
California Water Service
income™
$3,570,016
the
Elworthy & Co
Irving Lhndborg
S.
■'
Central RR. of New
Jersey- -Earnings—
*■'
J.
3,-600
Brush; Slocumb &, CoL—
166, p. 1047.
Eichler
Bingham, Walter
">
4,500
and
$5,132,401
>
?124,796
Shares
;
Bateman,
9,450
Rhoades
Operation ^expen'ses
3,129
.
follows:
j
11,250
Co.
Wiilff,' Hgnsen •&*
.
I
1,767,684 \ 1,623,821
$449,399 •: $5,007,785
5,246 :4>
41,830
'
several
purchased
Shares
'
Loeb,
the
No. of
-
Co
<fe
i';'v
of
names
shares
•
^
First
140,124
$342,732
,
,
Yuma,
propane tank
Oregon.
V
,:!. '!!"'y !/
Central & South West Corp.
(&
Period to^d. June-ao—
Operating" reyeoues
;.
Subs.)—Earnings—
1947—3 Mos.—1946
1
1947—6 Mos.—194ft
■
$13,187,659 $12,364,928 $26,139,114
$24,729,49?
taxes—
9,852,082
9,138,758
19,666,950
18,121,790.
r—
1
Gross! profit-^™-—-!—,
$1,086,834
Non-operating income
Balance before deductions—
Deductions \.™—
.-
$-1,529,237
.Oper.
25,035
166,'
$656,532
152,902
stock—'.
'
"
p.
'
1
'
operating
income
income
$3,335,577
—
1—
$3,226,170
36,106
$6,472,164
$6,607,70rA-
12,408
48,451
58,66*»
$3,347,985
$3,262,275
$6,520,615
$666,37(ji
1,141,178
1,176,993
2,335,594
2,329,20 V.
^2,-206,807
(net)^
Gross -income
m,"
Deducs.
■"
Balance
■
•——
Net
Other
«
'
-V.
'
$2,085,282
$4,185,021
$4,337,16*,
*
_
•
Net
income__L__
Dividends on preferred
&
exps.
,
$1,100,"094
$1,554,273
,! 443,561 >:
946,502
^
lh
^
157,979
-
requirements— .$67,023
—V. 166, p,'1047.
and telephone business in various
parts of
Idaho and Wyoming.
*•.
•
-V
is also engaged in the non-utility business of
supplying
butane-air gas to public
utility distributors in
13,259
con-
than
$329,849
Pfd.
the
completion
complete
(other
income)-"
deductions
Net
incorporated in California
was
gas,.-water
Southern
1947—12 Mos.—1946
$1,413,475 $16,788,045 $15,678',21.4,
823,952
10,012,576
8,921,993
$229,554
!s^|174^87 ^ v;il63484!;!
$354,597
"
_
UNDERWRITERS—The
been
It
taxes
Gross
Company supplies one or more of its utility services,
namely, elec¬
tricity, gas, water -or telephone to -44 widely scattered communities in
the states of
California, Oregon, Nevada, Idaho and Wyoming.
coS
ac-
965,718
Federal
Total
company
present
• personnel," *
$1,466,429
expenses——
Net oper.. inoome___i.
Non-oper income (net)_
$257,428
BUSINESS—Company
under
Co.—Earnings
'.■1947—Month—1946
revenues—_
"
deductions—"
1928
Arizona;
section
York
key
851.
p.
11,593
;;
income
charge,
other
The
V i
New
its
___.
Period End. Aug. 31—
California, Dragon,-Nevada,
4.
of
166,
Operating
Operating
75,894
118,120
178,935
(net)—
income
Central Maine Power
•
179,368
income—
income
deducs.___
595,693
150,563
247,080
,
income^..—
oper.-
other
Net
1944
$1,495,120
Fed.
'.
&
Years Ended Dec. 31
1946
r
$2,214,521
169,952
———
on
(
undisclosed
on
OF
July 31, '47
$2,883,853
1,690,612
.amortization
propane-air
4.
stock
that
of
Burlington
including the
463.
'
'2-'.
'■
$503,629
$607,770
169,119
?
from
____—
gross
inc.
"Consol. net'income—
"Before dividends
$438,651
retired
Feb.
3,
on
preferred stock of American Public Service Cow
166, p. 755.
1947.—V.
SS?-e
®- PatePt Office). William B: Dana Company; Publishers, 25 Park
Place, New York 8, N. Y., REctor 2-9570.
Herbert D. Seibert,
la
'ryX^
Buslnfss^Manager. Published; twice1 a -week [every Thursday
and
advertising issue) with a statistical issue
m1" <sta\e^0613); 1 Drapers' Gardens, London, E. C„ England, (general news & Smith.
c/o Edwards
Copyright 1947 by William B. Dana
n
\WJNew York, N.
per year; In Dominion of, Canada, *38.00 per yyear.- Y., under the Act of March
Other Countries, $42.00
per
Attentions ia the rates of exchange, remittance for
newr
increasing:
•Earnings—
1947
railway
railway,
From Jan. 1—
.
-put issuance limited by restrictions of first
qf July 1, 1944 between the company and
and Savings Association and William
supplemented.
tCompany has a short-term line
as
-■'•
from
from
Net
w
r.'!
August
,
100,000 shs.
:
10
its
Associates
authorized
Central of Georgia Ry.
$1,830,000
750,000
160,000 slis.
780,440
$2,480,393
<
Outstandingv!
,
"780,440
$2,878,880
■
number of shares to
1,163,374 of $5 par value froiri
capital shares of no par value.
The 343,374 additional
shares,
plus 66,626 unissued shares, will be Issued in
exchange for all the
.assets of tlje Sugar company.' Of the
180,000 capital shares of th©
Sugar
company
outstanding the Associates held
179,990.—V.
166.
p.
1251.
.•
.
$1,830,000
1,670,000
.
,
820,000
to not
FINANCING
55,25*
$3,659,320
.
company as an operating
company in
Puerto Rico
under
name,-Central Aguirre Sugar Co. Stockholders will
vote on
preferred will be applied'
loans irrespective of amount.
TO
1
,
230,683
24,089
:
—
reorganization of
'Sugar Co., which
,
new
bank
3,218
80,18ft
$5,106,01-%.
1,676,86ft
fiSSrf1
Dnion^^35
j^c^^nion,
American
The
com-
'-n.'-V
-
that
139,438
166; p. ,367., •
name Southern
Oregon Gas Coril.'jsWhich was
changed in 1938 to California-Pacific Utilities Co.
Company • is. iprincipally an operating public utility engaged in the electric, butane-
Everlastik
-
Corp.
engaged
would terminate its
periods,
second-class
TT
discharge
will
Commercial
William
ms
,
and
57,442
$5,470,860
483
Central Aguirre
>
Huplex
4,596
$413,616
—
ag
revenues
Net -income
cumulative
preferred
Sept. 26 that Duplex Fabrics
Corp.
liquidation of its affairs and,:
deliveries and
h£acts_for_future
Dividends-applicable
*
:--:v!^;^
plant !an'd
Burlington Mills
ol
instated that Duplex
third
such
2,224,293
$268,006
$244,136
to pfd. stocks for period—
income
:'■■>!? Balance
'
.Net
Gross
4%! cumulative
seoond
holders
&
Special
v
cents
on
_
therewith
certain
872
i :':■••.
.;a
share
record
Personnel of the .converting
commenced
$5,025,826
chgd. to construe.*-^-
Net
amount
———„—_r:
taxes
May
25
per
cent's
Unit Acquires Certain
Assets of Duplex Fabrics—
York
$5,413,418
$408,637
138.719
bonds_:_—'
mtge.
credit
a
oper.
Other
fabrics, narrow fabrics and -throw-Goncordia-Gallia Dorp, have been sold to
the Martin
subsidiary of the J. B. Martin Co., Norwich, Conn.
purchase is Oct. 1: t
;
r v--7
:
.*,
Announcement
iNew
the
of
$20)
National
under
HISTORY AND
:
«
and
.
loans___
$750,000
• other
income
,
J^et' millinery
af
1,500,00ft
$409,020
(net)____
income
on
Int.
fully
portion of Ahe net proceeds to be received by the
company
thq .sale, of-;the new preferred stock now offered.
Fed.
the
of
off
Savings Association.
1971_v^-
Taxes,
have
by Burlington
Mills, and will continue to
-/wished rayon fabrics as the
merchandise
Concordia-Gallia Division of
Burlington
U&ills, at 1400 Broadway, New
York, N. Y:
-S.y.
°f'
April 21
1947.
Pay¬
on
beeni temporarily
financed in
$750,000 line of credit from
1,
:
^ordia,
company, which also
Jhas been engaged in throwing synthetic : yard and leaving' narrow
<??»!!! Ewald
U
5 process of liquidating its business, he said,
' 3jlr,
rfng diviSions-of
income
int. and deducts.
Amortiz. of premium on
debt—credit
a
1969
Koenig," trustee,
Deprec.
,r
v
^he,r,
and
1,
Maintenance
connection
converting section of
Concordia-Gallia Corp, has
Burlington Mills,- Inc.,'William G".
Ewald, .President of
announced on Sept. 29. .The Concordia
and
1,500,000
$407,765
—
Other
per
record
balance
pay
progress.
July
America
Operation
ij
,
to
12 Mos: End.
rayon
t°
paid
on Jan.
20,
166, p. 367.
the
•
due
credit
amd
Buys Concordia-Gallia Corp. Section—
■«s°ldI
share
per
"in part the costs
pay
.
Total
j
:
stock
in
dividend
on
on
convertible
Dec.
.webbing at -Chelsea,
textile men.
Operation
■
.
t
: shares
-
t v
of
short-
--
"-!!".
Co.
extra
manufacturer, of
csum
Trust
SUMMARY
-
-
-were
in
now
GIVING
'-!
cents was also paid on June
2, this year.- With the
dividends just
declared, the total for the calendar- year
per share.
:■
of
revenues
—
used
and
to
preferred stock (par $20):
preferred stock. (initial series)
f jrom
\
v
common
quarterly dividend of 25
stock, both payable Dec. 1 to holders
i The usual quarterly dividends
„
.
shares
$1.50
cents
The
Tenn.-^
'
-
McEwcn
29
40
share
3'/4%; due. Aug.
B
paid with
Nashville, Tenn.,
regular
directors on
share and the
•will
be
used
net proceeds
in
3V2%
"Unlimited as
.
cumulative
May
oper.
authorized
:?v-'..
350,000
par
of
holders
Int.
may renew the note maturing Sept, 24, 1947 for an additional
period of 90 days and may also incur additional short-term bank
loans under said line of credit but all
of said bank loans will be
Lockwood
payment
added.—V.
1046." V
Iper
the
Other
pany
preferred stock and
erf
$100
A,
Association,
which,
To Pay 25-Cent Extra
Common Dividend—
on
393,054
prior
the
of
' yX
meeting was adjourned again on
Sept. 29
•euntil Oct.
7.
The meeting,
originally called, for June 16 and ad¬
journed several times, is to act on
amending the certificate of in¬
corporation to give voting rights to the cumulative
authorize
and
C.
stockholders'
150,000. shares
20 rio
per share.—V.
mortgage -bonds:
Bank
Burlington Mills Corp.—Meeting Again
Adjourned—
ito
cents, per
will
be
.mortgage indenture dated
17,000 shares of common stock
<par $1) at $8.25 per share. Proceeds will he used for
"the payment of bank indebtedness
and other corporate
The
Net
aggregate $700,000 and may be increased
to the delivery and payment of the
new
$750,000
2,394,376
125,000
.
of
Productions,
ipurposes.—'V7166,"p.
dividend
Cum.
author¬
might order,
V
;v
a
cents
50
indebtedness,
will
National
repayment
Seri.es
y/o
County, New
liquidating oiviuend
declaration
permitted at this time by the Court," he
Brown
proceeds
bank
loans
ItShort-term
Lockwood,
directors
the -Court
as
:Stock Sold—Mid-South Securities
Co.,
lhas announced the sale of
_.
.718,699
\
America
offered
"First
^dividend, it is expected that payment will be made
promptly."
,i
"The making of this application
is not to be taken as
any assurance
■
37V2
$1.12%
CAPITALIZATION
^
York
New
initial
an
amount
Preston
th^
26
believed, will be during the latter part of October,"
the
of
184,531
125,000
-
:
Exchange,
Sept.
on
Supreme
up
.
with
.
Corp.—Liquidating Dividend—
New
to
authority
f
last,' and
Common' stock
at
that
199,510
'
<
approp.
'
396,825
Oct:
payable
•
166, ;!
'
<of $5.25 per share or suoh other
-"The matter will come
the
declared
stock,
compares
funds and
exceed
;to
J;
and its subsidiaries Mvq
approximately $10,800,000 and a ratio
'
1
application
"If
'This
bank
now
financing, company
"
or
retir.'res.
1,916,497
801,519
159,402
Company's expansion program has
by short-term ^borrowings under
term
capital of
to
stated
for
directors
1946 totaled
Series
this
4>f
assets
JPresident,
the
short-term
Bank
946.
p.
Brewster Aeronautical
tthat
153,114
-pany's expansion program
2,628,079
$544,847
$266,101
;
.-said.
589,173
part
working
current
30.
treasury
$557,525.
-.
———
result
^consolidated
is
':'
-648,353
2,192,479
—
946.
p.
common
PURPOSE—Net
Proceeds of the loan have been used to retire
Ibank loans in full.
"York,
2,259,316
___
income
on
-Earnings—
1947—Monih—1946
1947—12 Mos.—1946
$1,731,037
$1,520,777 $20,953,816 $18,648,95ft
883,852
662,268
9,924,131
7,261,930
114,910
139,958
1,721,891
2,636,89ft
___
expenses
taxes
taxes
Prop,
2,617,804
California-Pacific Utilities Co..— Preferred Stock Of¬
fered—The First California Co. and associates on
Sept. 29
offered 45,000 shares of 5% cumulative
preferred stock
($20 par) at $20.50 per share and
dividend..
'
v,
3,744,297
2,095,037
revenues
Other
'•>
42,803,098
457,639
vr: $505,448
23,
the
on
July 21,
America.
ized
166,
Federal
!
$54,698,619 $50,546,295
5,507,855
interest,
income
In
59,689
1947—8 Mos.—1946
$7,057,651
to
.•
112,235
5,478
>
...■
,
railway"—J,
Sept.
ments in
■-
>
56,675
102,171
California Oregon Power Co.—40-Cent Common
Div-
and
\
'
.
Bowser, Inc.—Obtains $3,000,000 Loan—The company,
at was announced Oct. 1 has received a
$3,000,000 15-year
X3%%: loan
from
the
Prudential
Insurance
Co.
of
r
38,356
"18,532
166,125
Operating
Operating
.
•Sept.
299,631
income-
"Deficit.—V.
of
$297,521
railway
i-_
oper. Income.— :,
ry.
On
658,616
Income
jRentals,
-.!!
$247,104
income
1—
from.
share
5,520,251
(Dr)__.
(Dr)
iy.< oper.
.income
Net
$250,691
railway-,——
"Deficit.—V.
-
plus
7
—1
Equipment .rents
Other
railway.!
Gross
•
™i—-
expenses
•"Taxes
'
share
a,
:
1947—Month—1946
i" $7,016,922
revenues
$55
April 1.—V. 166, p. 1042,
Boston & Maine RR—Earnings—
U Net.
1944
process
,-$3,000,000
LJ'
V
1945
from
Net
-*
1946
"
,
oper.
Period End. July 31—
1947
$402,681
•
.
From Jan,
Net
^
Carolina Power & Light Co.
Burlingten-Rock Island RR.- -Earnings-
from
1947,
Purchases
—
foreign
subscriptions
3,
1879.
.Subscriptions in
United
States,
U.
S.
year.
and advertisements must be made
in New York funds.
Possessions,
Territories
Editor
and Publisher;
Monday],
Other
Company.
Reenter*
on
and
Member#
•
of
Pwm
4
THE
(1352)
Central Vermont Ry., Inc.
August—
Gross from
Net
from
Net
ry.
*
Gross
railway—,
184,478
income—
88,138
Jan.
1—
from
Net
from
Net
ry.
•
354,958
income,,,
.-"Deficit.—V. 166, p. 851.
.'
r
\
.
SEC—
Century Shares Trust, Boston—Registers With
company
Sept.' 25
on
Net
Net
ry.
Surface
Elevated
and
litigation.—V.
166,
thus
Lines,
.
from
Net
ry.
.
August—
Gross
Net
Net
ry.
,
Net
Net
ry.
1,862
2,885,329
666,838
*99,-325
289,810
'"Deficit.—V.
166,
947.
P.
General
maint...
i,
taxes
Fed.
Net
ry.
Other
572,074
income
21,625
5,142
from
ry.
—V.
■
.
Gross
1
q
Redemption—
v
.
.,
Int.,
mortgage 3Vz'/o bonds,
series D,.due May I, 1996, .have been called for redemption on Nov.
1, 1947, out of monies in the sinking fund.
Payment will be made at
the office of J. P. Morgan & Co. Incorporated, sinking fund trustee,
23 Wall St., New York, N. Y.—V. 166, p. 1252.. Y;'
;
income
r»hfl
-
k-
*
" *. —'
»
•
7
i
„
"
.
1
AQi
1,286~794
l',39l',451
T $1,262,428
requirements YYy 270,000
$1,105,148
$5,115,522
$4,697,742
$992,428
$835,148
$146,000 refunding and improvement
A total of
A
Net
Pfd.
income
div.
'
270,000
1,080,000
165,
______
RR.—Earnings-
'
1947
.'/< .
1946
1945 v
railway.— $20,218,093 $18,446,668 $22,754,546
August—
from
Net
Net
ry.
railway
from
3,193,191
;:.' .Y.
3,843,016
income—
oper.
From Jan.' 1—
,
from
Gross
Net
from
Net
ry.
—V.
railway
166,
Net
3,764,151
ry.
61,169,337
Gross
18,176,723'$22,468,581
18,148,518
Net
ry.
—V.
August—
Gross
from
;
Net
ry.
1947
J
.
1946
1945
$2,303,029
$2,554,597
$2,945,183
315,453
634,531
931,751
Net
income...
105,372
46,541
218,476
139,846
Revenue
from
Net
from
Net
ry.
2,617,139
.
21,174,674
6,043,580
421,198
23,221,713
7,209,640
1,963,477
16,007,289
803,404
*1,302,011
18,369,852
income...
2,325,278
166,
p.
Gross
;
from
Net
from
Net
ry.
1947
and
from
'
—V.
166.
$610,732
i, 255,184
68,989
81,611
4,430,189
3,804,322
5,164,732
4,742,064
1,481,628 /
629,397 '.
1,726,112
832,181
947,335 Y, 421,772
income...
oper.
ry.
119,525
::;V
Chicago Milwaukee
655,075
"
,'
Vk% equip, trust ctfs., series AA, was
made Oct. 2 by Salomon Bros. & Hutzler and associates.
The certificates, which mature $112,000 semi-annually
from April 1, 1948, to Oct, 1, 1957, were priced to yield
from 1.10% to 2.10%, according to maturity. ; \
i-S •
certificates
The
being
Commission.
Securities
and
Stroud
awarded
was
to
in
Associated
Corp.
issue
The
subject
approval
the
&
the Philadelphia plan and
the Interstate Commerce
are Drexel
& Co., Union
under
issued
being
are
offered
of
offering
Co., Inc.
Oct.
l
of
99.5799.
same
interest were 99.5319, submitted by Halscy,
Inc., and 99.32 submitted by Harris, Hall & Co, (Inc.).*
Stuart
>'
1947
AugUSt
Gross
from
Net
from
Net
ry.
railway—.
1946
$359,181
$445,712
11,110,452
75,919,569
76,219,267
Casualty
known
widely
of
Service
insurance
Fire
of New York,
Co.
has
Its
3,684,430
3,548,403
4,932,393
1,324,690
1,968,778
.2,457,473
of
Co.
York
affiliates of
totals
I. T. Financial
C.
Inc.—V.
166, p. 1048.
' •
n
1
'■
>".
,
Gross
from
Net
ry.
Sept.
Sept.
Sept.
<
~-V.
26,851,727
166,
9,642,944
209,494,000
13—
"Otis
:
•
&
Stock—
Gross
Net
:
*
1
.
expenses,
——
1944
taxes,
railway.— $15,538,119 $15,671,853 $15,107,748 $15,301,043
rallwayl—__
3,119,406
3,865,160
4,147,324
5,223,927
oper. income...
1,130,115
2,450,943
1,971,377
2,028,301
ry.
Gross
From Jan.
Gross
from
Net
from
Net
ry.
—V.
2,735,549
5,335,343
-5,385,408
90,728,902
76,170,640
5,760,321
taxes———
12,243,183
depreciation-
for
10,063,973
11,566,131
9,984,531
13,145,229
16,737,721
13,052,946
113,457,648 110,075,089
30,779,074
32,657,917
5,025,003
railway^.—r
104,061,752
of
3,717,989
Y'
947.
p.
thority.
p. 2543.
See
Chicago
Y
.
Earnings per share of
—V.
and
by Transit Au¬
below.—V.
;
stock
dividend
165,
Sept.
of
to
30
$6,696,088
','Jyi:•$; ■ yVb-y •;;)/';vY
:
$2.38
Y'
count
of
Y
rates,
according to T. M. Miller, General Traffic
...
r:
'
■;
;■
May, when the reduced fares went into effect, the company
planned to raise them to their previous levels not later than Sept. 30,"
Mr. Miller said,
"However, the additional traffic generated as a direct
$1
on
Earned
of
these
reductions
has
convinced
the
The
per
holders of
per
.share
net
Mr.
each
Miller
of
the
the lowest
Y
added
18
ever
similar
the
domestic
offered
reductions
.fares.—V." 166,
,
Chicago
p.
reduced
cities
by
an
v.
on
the
1047.
Surface
served
line's
Y
30
the increased shares, payable
26.
The old shares this year had
as
against
Y-..
;■
$2
in, 1946.
•
■,
■-
.
Co.,
New
York,
has been
N. Y.,
Y
......
on
}'iV;
307,000
income—
com.
sh.___
1252.
,
14,032.207
.!• /:
:.Y:;;YY:-
28,757,488
$1.02
16,514,049
Y
$1.20
,;]r) $2.09
$1.95
Y>V
X
^
26,844.827
Y:?>
1
Y;--' Y-.-Y-
kilowatt hour output of electric energy of subsidiaries
adjusted to show general business conditions of
ended Sept. 25, 1947, amounted to 302,-
weekly
this
corporation,
as
with
compared
INCOME ACCOUNT
;
18,667.362 251,377.027 218.613,727
• 8.902,012 120,315,691
95,100,603
21,856,222
1,846,796 23,271,715
$
20,543,608
10,901,046
Operating expenses
Prov. for depreciation-^
Amortiz. of plant acquis,
adjustments
General
taxes
1,985,688
<
■;
>
'
"•.
368,438
''Y*X'"''
;
*
/>.
'•
y
y V,
Y 373,909'
—1
X-s
1947—12 Mos.—1946
1947—Month—1946
Gross revenue
week in
the corresponding
'YYY
for
272,144,894
/ CONSOLIDATED
Period End. Aug. 31—
'
6.672^967
4,509,713
(18,672,314
16,505:755
3,456,301
3,469,563 128,165,236
26.902,088
income
3,826,665
4,080,553
56,442,359
51,576,093
1,138,704
13,628,191
14,241,426
62,394
29,335
705,685
40,669
765,734
1,587,4*70
Y 60,231
491,914
0,274,675
Y
Gross
appointed
warrant and subscription agent, for the new issue of
4%' cumulative second preferred- stock, $100 par.—
166, p. 1252.- YYY'Y$$:",;:,;'Y; >y
Y;
; Y;...;;..Y"' Y:Y-••
agent,
shares
Int.
on
of
,
of
Colorado Central Power Co.—Earnings—
'Y...
;
Havana
by
and
$Y
;
long-term
prem.
COMPARATIVE INCOME
Divs.
<
STATEMENT
,
.
debt ;-
subsidiaries
Amortiz.
of
on
'
:
1,145,829
!
64,527
:
debt,
disc;,
■:
;, v
and expense—
Y.
Cr3,314
pfd. stk. of subs.
-
702,353
119,582
*
Minority stockholders int.
8,465,047
1,808,409
fares,- which apply to
Chicago and Southern, are
the
as
90-day
,
-
expiration
.
'83,074
,
Havana
"
for
execursion
,:J
T
464,564
$1,148,400
930,719
$101,468
-
$125,935
Operating income
Other income
Y
" r
■ y '
Over
by Transit Au¬
"
.
The
operation of a publicly owned transportation system ia
s
second, largest, city
began at midnight, Sept., 30, when
Chicago
Metropolitan Authority
took over the city's Elevated'
Surface Lines.;
•
^
V
3,328
$104,796
—v.
divs.
on
166, p. 1252.
.
2,103,767
..
_
35,115
pfd. stk. of parent corp.
.
;
$223,864
14,692
Bal. before
•
6,183
$129,582
18,034
1,797,689
—
31,714,746
.
25,897,534
,-.'■133,334
Appropriation to special property reserve—,—.
$217,680
3,647
Net
31,714,746
25,764,200
-■•-
-
•,
;
...
$75,000,000
was
transferred
income
—
—
$111,547
(A)_^_„
34,420
'-
-$90,104
r
$188/748
19,400
55,417
1,500
912
2,412
$75,627
$69,792
$1.73
taxes
$1.60
m.
American Water Works Co., Inc.
7
>
to
.
Balance
Earnings
—V.
to .surplus
per
share
166, p. 1148.
(43,750)—..
„
$130,918
-,:
'lit
$2.99
above.—V. 164,
Compania HispanorAmericanade
-
'■
j 1;u--
,
p.
3288.
Electricidad (Chade),
;
VV
S. A.—Plans to Reestablish Subsidiaries—
.
Y105Y43.461 received by the Authority Sept. 30 from an invest¬
tanking group headed by Harris,. Hall & Co. (Inc.),-The First
Boston
Inc.,
ipcome deductions
State income
Of
Co.,
Gross/income' Y
Federal income taxes
the
"and
ment
&
:
Total
tthe
nation
Blyth
operating'revenue deductions.
income
Net
12 Mos.'47
$488,933
- 387,464
$590,499
Operating revenue—electric
Total
date
1947—6 Mos.—1946
Perioo Ended June 30—
Community Water Service Co.—Exchange Offer—See
Lines—Taken
1
and
.
Other deductions
r
international scheduled airline.
thority—
Corp.-
expense.
'
that
As originally planned, Sept, 30, remains
,
per
1,053,037
,
i'
dis-
properties.
■Y^YYsY;;
✓
on
record Sept.
share,
.
Manufacturers Trust
112.974
of
the wisdom
of extending this date to Dec. 1.
In this way, it is hoped to reach an
even greater number of
budget-conscious vacation travelers."
1
company
-Y
territory served for the week
.
of
f
Commonwealth & Southern Corp.—Weekly Output—Y
Sept. 26 approved a four-for-one split-up of the
directors on the same date declared a special
75. cents
•
'
the
Cluett, Peabody & Co., Inc.—Transfer Agent—
transfer
_
"Last
result
,
Fed. inc. & exc. prof, taxes J
.■i
lowered
:
■
un-
debt
and
of
sales
—V, 3.66, p.
;
the
Cr367,202 >
11,049,200
------
of
Reduction of losses
838,110
and
1,500,000
61,049
57,057
Crl68.600 *.^463,702
Cr301,350
9,970,900 ,18,832,200
17,556.200
Y
—:— Cr2,189,600
31,299
/'v..
Y"
.
Public response to the company's 25%
reduction on 16-day roundtrip excursion fares lo Havana has resulted in a two-months extension
Manager.
1,500,000
Y: 31.994*"
reductions
tax
gibles
1,493,575
$2.62
stock—^
750,000
debt,
unfunded
Write-down
Harry W. Kranz is
VJ;
v ,Y;. Y'1'
i V The company manufactures bicycles, -.circular; weld steel products
and large rims for.trucks and tractors.
YY'.Yv' $:"'
v
received
Chicago & Southern Air Lines, Inc.—Lower Rates Ex¬
tended—" .$
-
750,000
239,048
3,730,656
-
,
$8,189,664
Cleveland (Ohio) Welding Co.—Split-Up, Etc.—
common
Y'/'^Y ;
YY
common
22.410.648
19.936,096
478,095
8,400,000
expense
on
Y';.
214,202
$7,255,179
239,048
4,205,245
applied as a—
vWrite-down of intan-
;
V; i'y
:
239,048
4,200,000
etc.,
Fed.
156.
p.
The stockholders
over
Lines
Surface
166,
President.
;
—
23,764,239
19,866,640
disct.
debt
of
1946, ah increase of 30,693,216 or 11.28%
f
Chieago Rapid Transit Co.—Taken
-
'■I
debt——
funded
on
Amort,
15,119,577 $15,746,915
•
income
misc.
and
utility plant--—
Int.
The
surplus——
12,629,150s 11,612,067
Amort. of additional cost
$8,710,823
1,455,643
—
transferred to
-
'"V
38,771,015
'
Y—
—
deduction?
Income
railway.—
oper.
166,
Total
1—
income
Y"
•
6,376,914
Federal
Prov.
$7,975,461
$8,417,877
292,945
^
46,439,542
^
from
Net
:
-————
local
State,
'A'
1946
1947—12 Mos.—1946
'[ .Y
'
97,934.779 210,021,325 192,638,793
57,133
131,921
104,880
t
1947
,
2,741,562
Maintenance
$49,328,008 $43,136,615
40,910,131 35,161,153
operating revenues
Y--—
non-operating revenues
Total
'
Y:"
487,977
income-.w-i~.W-..
purchased-—^.—
Other operation——
in Cleveland and
ACCOUNT
IN0OME
CONSOLIDATED
operating revenues..—
from
Net
^ 'r''t "■ r^
109,866,760
—
Gas
said.
operating
12.5
Total. income—— 110,354,737
72,574
Operation—Pwr. pchsd-
All the other Cleveland underwriters are partici¬
12 Months Ended June 30—
Total
176,491,000
97,160,315 208,709,826 191,537,756
774,464
1,311,499
1,101,037
other
;
V".;
firms, Mr. Lindseth added, are handling more than
four times as large a share of the total as during the last financing
in 1940, in which Otis & Co. participated.
'
■
,
1
,
.
he
8.4
217,356,000
12.4
1947—6 Mos.—1946
'A*-'r
■
.
Operating revenues
Cleveland
The
Total
August—-v y'-V
,
193,189,000
193,446,000
CONSOLIDATED INCOME ACCOUNT
..."
/
'
:
.
they declined.
pating,"
6,585,442
^3,006,241
Chicago & North Western Ry.—Earnings—
1947 Y
1946
:
'
1945
r
'
;
Period End. June 30—
underwriting
in
8.4
209,422,000
'
a
Cleveland security underwriting firm was asked tb'jparticif
this financing.
'
:
Co. was included and was offered an important position,
every
% Inc.
:
193,279.000
198,610,000
-;
.w.-
--
deductions—l¬
int. chgd. to construe—
Federal income; taxesFed. excess prof, taxes.
Charges
equivalent
to
pate
1946:
1946
1947
20—
s.
Sept. 26 filed
interest in the upbuilding of firms located
major
kilowatthour output
the
Following are
ago.
year
a
27
ConsOl.
\
com¬
past 'four weeks and percentage comparisons with
Int.
1148.
P.
Financing—^The
Electric Illuminating Co.—Registers
from which it derives all of its revenues.
Unfortunately,
first major action seems w lessen the prestige of Cleveland.
i-j,
Elmer E. Lindseth. in comifneriting on the Otis & Co. letter, stated
128,721,155 155,483,214 148,183,533
12,877,513
40,213,128
43,107,854
4,787,929
19,525,892
20,796,307
146,171,058
income—
.
■T. '.'i'•
Ended
amortized
railway
oper.
week
the
of
Week
formerly Assistant Vice-President of Commercial Invest¬
,
Net
37,948
^
and another for $7,000,000
Co.
your
$19,717,843 $18,516,630 $20,279,566 $20,679,599
income.._
186,011
70,739
during September/obtained
responding
been
New
executive,
Insurance
From
January 1—
from railway
1,065,345
,
Electricity output of the Commonwealth Edison Company and asso-.
companies, excluding sales to other electric utilities, for the
ended Sept. 27,
1947 showed an 8.4%
increase over the cor¬
to
which
1944
1
<
140,534
"week
strong
that
1945
1,088,678
-
protest against the proposed sale of the new preferred
Dillon, Read & Co; and other underwriting firms has been
registered by Otis & Co.
The protest is in the form of a letter sent
to Elmer L. Lindseth, President of the company, and signed by Wil¬
liam R. Daley, President of Otis & Co,
"The investment -banking firms of Cleveland are given unimportant
positions in this business," he wrote.,
>
,
w
•. "It was my hope,"
he said, "that .the company when freed from
outside control, would once again become a Cleveland institution with
A
y\'X.
railway......
oper.
$60,328
/"
'
stock
EARNINGS FOR AUGUST AND FIRST EIGHT MONTHS
'
1947—7 Mos.—1946
$2,188
Otis & Co. Protests Proposed Sale of
Co.
&
\:-/r
9,345
a 3% 10-year subor¬
the Metropolitan Life
from the Mu¬
tual Life Insurance Co.—V. 165, p. 2663.
I'U ■ i'■
*
•'
Commonwealth Edison Co.—Weekly Output—
registration statement with the SEC
covering 254,989 shares (no par) preferred, series of 1947.
Under¬
writer, Dillon, Read &; Co.. New Yorlc lThe stock will be offered
share for share, plus a cash adjustment:/' for outstanding $4.50 pre¬
ferred.
Unexchanged shares of new preferred will be sold publicly.
/
Other bids for
the
•;
*154,427
166, p. 947.
vicinity,
•
-
bid
a
on
3,347,853
10,543,441
...
The company on
$2,240,000
are
*15,979
1,115,172
140.485
;
46,325
*70,827
income—
Insurance
1947—Month—1946
4
Cleveland (Ohio)
With SEC—
1,916,002
7
7,450
1,080,382
railway
■Sept,"
ment Trust Certificates Offered—Offering of a new issue
of
3,049,427
$152,80?
31,755
Commercial Credit Co.—^Private
'
Paul & Pacific RRi—Equip¬
St;
10,427,249
Ry.—Earnings
Crawford,
was
Trust
■
851.
P.
He
ment
'
railway.—
N^ from railway—...
Net
1944
1945
-
8,291,888
3,942,508 ;$' 2,385,150
Vice-President
a
Service
Corp.
$534,912
$676,235
214,682
112,061
174,083 ;
income...
YY1:
1946
$719,088
293,634
railway
oper.
V/;..
:
-4,360,380
*3,085
1945
'
railway—
oper.
pany,
passengers
elected
-
7,226,335
$109,593
*5,689
from
Net ry,
166, p. 564.
Armstrong
947.
railway
From Jan. 1—
Gross
-
income—
oper.
from
1944';:
,
1946
$152,402
19,758
■
*924
;v" "Deficit.—V.
25,736,537
,
railway.^.—
ciated
Chicago & Illinois Midland Ry.—Earnings—
August—
Net
C. I. T. Financial Corp.—New Official of Affiliates—
•
'Deficit.—V.
23,855,603
—
July 31—
YY-
profit
—V.
railway—
Gross
386,167
-V
19,281,614
income...
Period End.
YY'Y
railway
oper.
railway
ry.
v
$118,722
dinated loan for $18,000,000 from
448,554
1—
353,386
;
261,960
Ry.—Earnings—
; 1947
railway
From Jan. 1—
■
$3,260,961
1,239,708
22,631,160
railway
oper.
-
1944
A*
■
$2,699,075
776,557
./ 323,781
<CY
1—
Cincinnati Street
1944
'
461,252
income...
Net
Ry.—Earnings
1945
-
166, p. 947/
$2,361,363
oper.
674,717
Jan.
railway-
From Jan.
Gross
;H,
866,913
from
railway..—.
from
Net
from
from
Y
Chicago & Eastern Illinois RR.—Earnings—
v
,J
$2,647,339
from
20,691,870*
<•
From
"
$2,869,752
oper.
156,736,523
1946
__
railway...—
from
Net
-1947
...
railway
from
Net
income—
947.
p.
August—
Gross
':7
August—
Cincinnati New Orleans & Texas Pacific
1944'
$21,527,284
8,166,632
389,950
'
154,842
corporation has
Net
138,887,515 129,878,076 170,956,623
45,526,293
38,404,324
73,255,096
-
railway.——
oper,
9,319,546;
3,569,716
6,217,680
'■ 7,777,047
;
1,122,134
328,342
•■■■'".■
$3,387,742
3282.
p.
18,796
1,027,101
Co.,
Gross
Gross
546,295
947,
37,110
22,930
1,310,000
•
$4,035,522
-
16,767
r.
$129,309
40,969
833,013
247,308
168,783
257,327
Income
1944
$124,02#"
"
1,296,931
rail way
p.
,
Y,*-YY Y Y'Y
r;
1945
$133,879
45,110
49,156
income...
1—
1946
.
98,213
Columbus & Greenville
Balance
-V.
Chicago Burlington & Quincy
Ry.—Earnings-
1947
$198,278
.
applied to the SEC for authority to purchase
notes from its subsidiary, Manufacturers Light &
Pittsburgh, to provide the latter with funds to finance a
portion of its 1947 construction program.,
The application stated that. Manufacturers will require about $6,000,•
000 during the remainder of 1947 for construction.
Based on these
estimates it will file an application later in the year covering sale of
an
additional $2,000,000 of notes.—V. 166, p».756.»'
.Kf-'Cj.v.
O^il
325~933
1,868,886
,,
Columbia Gas & Electric Corp.—To Finance Utility—
The
$7,580,468
<
319",203
'
3,835,822
,561,054
1944
$6,000,000 of 314%
42,102
$6,402,317
$1,431,082
$1,581,631
i
foa
fixed"charges
etc.,
,206,152
•'! 232,529
"
;
railway
oper.
166,
Heat
.
888,878
173,366
Y.Y'-.
Jan.
Net
$6,380,691 * $7,538,365
$1,425,939
$1,576,164
5,467
revenue
1,112,874
"
railway
railway
:—
from
Net
•
operating
10,695,317
947.
oper.
From
Gross
.
profits tax.
excess
Net
',447,063
railway
Income—.'
from
1947—12 Mos.—1946
...
173,089
7,062,597
1945
'
-
Federal income taxes...
•
Chesapeake & Ohio Ry.—Partial
V
and
Depreciation
3,147,573
1,163,920
250,095
1947—3 Mos.—1946
44,870
7,631,907
from
Gross
$10,698,017
$8,942,073 $42,137,922 $36,646,191
26,834,644
21,859,602
6,744,562 .! 5,462,203
3,153,954
3,032,850
765,658
812,217
2,822,774
3,112,127
805,868
711,032
V 1,894,482
805,763
530,680
2,777,609
Cr622,987
revenues
Operation
1,429
'
.
income
oper.
136.468
2,498,007
94,401
11,661
railway____-'
railway
from
$384,992
39,154
3,035,917
535,222
income
oper,
from
1944
$328,036
.
$323,533
28,760
.
26,536
«From January 1—
Gross
1945
1946
1947
-
railway
$370,427
railWayl
—43,947
from
from
Gross
134,682
Colorado & Wyoming
(& Subs.)—Earnings—
Cincinnati Gas & Electric Co*
Period End. June 30—
V.
495,358
115,313
railway....
p.
Net
-Earnings-
$1,471,505
171,737
oper.
166,
..
Charleston & Western Carolina Ry.-
$1 ,141,675
269,022
,
August—
"
.
.
Net
—V.
than 20 years of
ending more
1148.
p.
1—
from
Gross
1946
$1,100,872
income—
oper.
Jan.
From
Authority,
.
railway
railway
from
Ry.--Earnings-
1947
,
$1,141,872
291,294
..
.
from
Gross
by Edward S. Hall, President of Harris, Hall,
as
representative of the banking group in the Federal District Court
of
Judge Michael L. Igoe.
The transfer successfully completed the
syndicate's purchase of $105,000,000 of the Authority's revenue bonds;
plus accrued Interest.
■'•
' :;
;
Y"
It
was
the
sale
of
these bonds,
a
Transit Authority spokesman
pointed out, that paved the way for the purchase and unification of
the
filed a registration statement with the
SEC covering 200,000 shares of stock.
Underwriter, Harriman Ripley
& Co., Inc.—V. 164, p. 2013.
YY ■ Y"";
/ ;Y
The
-August—
,
.
.
'
Colorado & Southern
was
System.
Transit
the
Monday; October 6, 1947
Surface Lines and
to purchase, the ,Chicago
similarly transferred to purchase .the Chicago Rapid
The balance will be used as working capital, as a
fund to meet costs and adjustments in connection
with closing the
transaction and to start the proposed modernization program.
The $105,943,461
was presented to
Philip Harrington, Chairman of
Transit
5,945,012
1,339,602
594,991
V';-'. ;v\Y"
YY
Court
District
Federal
$12,162,500
1944
$716,578
139,243
43,987
5,559,221
739,587
39,772
5,254,383
279,528
*483,887
6,332,201
1.16&.919
ivi.way
railway——^
the
;
-
..
.
oper.
-
1945
$710,792
112,392
19,075
194S
$845,183
199,697
106,243
$308,987
railway——
oper.
Prom
-Earnings—
1947
...
CHRONICLE
& FINANCIAL
COMMERCIAL
The
shareholders
will
hold
a
meeting
on
Oct.
28
in Luxemburg,
pursuant -to a decree providing for the re-establishment of companies
had. been dissolved, to ratify the re-establishment of Societe
d'Electricite
(Sodec) and restitution of its property and- to ratify
.which
Volume
166'
entitle
their
shares
York
New
capital
THE
260,010,000 gold francs to
from
/ ■'■ ,: ;' //y' '.,/' 1
shareholders to vote at the meeting,
gold francs,
To
its
in
increase
an
Number 4635
or
before
the
Chase
on
are
Oct.
with
18
National
designated
Bank,
Suisse,
the
260,020,000
must
banks,
■
.'''/
,
■,;</
\y
Electric
;-
Gas
Oct. 1 offered $800,000 first
sinking fund bonds at par and interest,
Bated Oct.
HISTORY
tion,
1,
Conlon
.of
,
of
put
Delaware corpora¬
Gross
Int.
in
been
(111.)
south
siae
Co.
the
of
principal'product
in
per
P.
obtained
The
make
for
Conlcn-Moore
of the
reliable
needed.
when
diversification
desirable
a
acquisition
stock
29,008
166,
•
'
Corp. is
products.
of
Col.
A.
A.
K.
LCvinson
April
on
Oakley,
has 'beep
1946.
6,
" V"
has been'elected
director.—V.
a
166,
,
will
is
_
retain
being
The
Sept. 6,'46
Sept. 6,'46 Sept. 1,'45
profit
income
profits
•
.
$276,445
76,135
management;
$133,490
$448,303
$0.39
76%
the
of
Conlon
tihe
Division,
the
Division.
Stock
Exchange
Sept.
on
Co.
Securities
and
underwriters
the
of
names
$1.29
taxes
♦Earnings
25;
have
advised
been
share
additional
of
the
Ross & Co.
Company has entered into
underwriters, whereunder they agree to purchase
$800,000 first mortgage 4%% sinking fund bonds at 95.
PURPOSE—-The
.
lows
:
(a)
$0.50
-
,*
Operating
3447,995-
Federal
,$1.29
held.—V.
1947—Month-—1946
net
proceeds
($738,840)
applied
be
to
are
The
new
Sept.
the
To
Y//r•////
6
non-aviation
assets
National
redemption and retirement of the presently out¬
standing first mortgage bonds-—
"
(b) To- redemption- and retirement of the presently out-'
/ standing-note secured by first mortgage to Chicago
vote
of
Corporation.
asked
$240,000
—
to
the
on
Consolidated
Stockholders
plan at
Manufacturing Corp. in V. 166,
Vultee
known
be
will
Consolidated
of
special meeting
a
3.
p. 1142).—V. 166, p.
will
$273,716
$275,986
$273,716
$275,089
Int.
.
be
mortage bonds—
on
Other
int.
&
-46,667
deductions
1148^
Net
income
Title &
Trust Co.. as
trustee—
-
179,420
'
——
•
CAPITALIZATION,. GIVING
i'
-
-
6%
stock
Common
First
(par
skg.
1, 1957—————
loan-/---
•Bank
,
PRESENT
.
23,000 shs.
;
bends,
surplus
$5,479,806
3,412,201
2,677,458
porate
$63,330,086
$76,752,164
629,750
587,792'
-
7,389,166
adjustments
Fed. inc. &
300,000//';
25,000
.
prof,
725,653
// 233,217-
'
8,762
186,335
$141,246
—"V. 166,
3,343,450
871,588
787,742
taxes)
/
,
.
'1 »v
$1,668,174
334,935
$1,720,179
334,925
pfd. stock
^
1
^
Balance
:
1,335,811
(3,740,669
(8,457,890
'■
•"
■-
earned -surp.
f:' '/'•./•"/
f
",y:
-•
!
Dana Corp.—New Stock to Receive 25 Cents—
y.
l
'
p. 564. '
;./■//■'■. /y,/:
7,194,492
,,
$1,333,239
$1,335,244
'
)
exc.
81,361
-
/,
''
6,789,500
'
'73,475t
75,303-/
»
$1,901,391
:
cor-
4
depreciation..')
General taxes
$800,000
to
$146,218
applicable to outstanding 4V2%
Divs.
38,539,070 ' 28,053,348
-
carried
$2,534,866
560,000"
$2,445,832
77,638
res.
r
$6,010,253
expenses
for
46,667
6,715
8,714
;
,
■
Bal.
/•
1947—12 Mos.—1946
1947—Month—1946
Amortiz. of plant acquis. *
.
-
$800,000
300,000
I
Prov.
221,603 shs.
due
—
Operating
Outstanding
21,474 shs.
*:
'/ 332,000 shs.
fd.
Period End. Aug. 31—-•
Gross revenue
FINANCING'
Authorized
„
$50l_—
$1)„
(par
4?V%
mtge.
Oct.
stock
to
Consumers Power Co.—Earnings—
*319,420
EFFECT TO
"
„
pfd.
cum.
Transfer
-
„
,
$222,607
$223,856
-
——
•
|c) To general corporate purposes-.---v»
;
/ 3,193
935,787.
$2,526,152'
$3,081,135
560,009
Avco
(See
1,191,154
$3,080,753
/ ■ 377
3
income
3,957,266^
1,259,137
946,634
95,005/
78,282
revenues-/-
$10,088,064'
1,732,004M,477,705)
162,668
/
79,290
eper.
Gross
the
as
Vultee
Nov.
on
182,308
133,272
^.
1947—12.Mos.—1946
■</ 376,2*13
Other income
corporation which will be formed under the plan announced
this corporation and Avco Manufacturing Corp. to absorb
by
taxes
other taxes
Net
fol¬
as
166,
$988,154 $11,623,340
4,604.807
y
484,476
expenses
Depreciation
Consolidated Vultee Aircraft Corp.—To Vote Nov. 3—
*
/I
intention to issue
p. 1148.
company's
share
each
for
Dallas Power & Light Co.—Earnings—
Mullaney,
the
with
contract
a
share
per
W,
listing
for
.V"-/
:-r':,
,
one
Period End. Aug. 31—
249,340
-
"On 347,700 shares outstanding,
tAfter providing for all-charges,
including depreciation and interest.—V., 166, p. 369. ■>
Illinois
are:.
approved
26
191,354,shares'of $2.50 par Value common stock. It is CX*?.
the additional shares" can be admitted to*trading oh:
Operating revenues'$1,153,062'
-
UNDERWRITERS—The
stock.
Chairman.—V,; 166,
excess
Net profit
for
sellers who own rjnjctThe common stock
p. 1048.
group of
a
common
Cummins,
'
convenience, is departmentalized into
Moore Division and the Brighton-Dickinson
but,
un¬
that
Stockholders
them
$697,1*35
261,326
*
Inc.—Stocks Offered—An
Co.,
Sept. 7,'45
$709,629
$173,729
taxes-
and
$209,625
102,716
bef.
than
more
Detroit
pected
^
—9 Months Ended—
—Quarter Ended—
Fed.
$36,525
v
sold by Clessie L.
additional
Oct.
tNet
23,619
*
Cunninghajn Drug Stores, Inc.—Listing of Add'l Shares
:
665^'
••//
Engine
■
single
a
$60,144;
24,174
The preferred stock is being sold by
*
and Executive Comp¬
Treasurer, j ,Mortis ,L,'
p.
165, p, 3164.
Cummins
Consolidated Laundries Corp. (& Subs.)—Earnings—
integrated enterprise operating under
an
$3.74
" v.y. v.;
'
Vice-President
Vice-Preisident. and
formerly
elected
The
*
$5,213,628.
$3.91
*
-: '
•
.
Sprague
Donald
troller,
which
»■
$5,416,996
share_^-^i^j.I——
common
757.
s
r: 98,994
this corporation,
succeeding Nathan Cummings, who has been elected Chairman of the
board of directors, a post that has been vacant since the death of
Dickinson Co. was to
castings could be
Paul
of
from
source
62,183*
$37,553
derwriting syndicate headed by A. G. Becker & Co. Inc.,'
and including Hemphill, Noyes & Co., Ladenburg, Thal-f
mann & Co., Lee Higginson Corp., F. S. Moseley & Co.;
and Kebbon, McCormick & Co., on Oct. 3 publicly of-;
fered 21,678 shares of \xk% cumulative preferred stock,*'
first series, at par ($100 per share) and 50,000 shares pf
common stock at $19 per share.
,
General Manager, has been elected to the presidency of
engaged
additional
Dr31,005
$13,379
$8,098,158
1,327,940 .1,427,112
certain bonds:'-'f'r;
l-v
1,358.422
on
S.
■'
primarily in the foundry business on premises on
Chicago leased from The Union -Stock Yard &
The purpose of the acquisition of the stock
Corp.'. was to round out Conlon's line of household
the
of
an
income
438,585
Consolidated Grocers Corp.—Changes in Personnel—
M.
Kennedy; formerly Executive Vice-President, Treasurer and
-
of
appliances and
purpose
obtain
exps.
Net ''income———
Earnings
of
percentage
—V.
$7,659,572
.363,924
Reductions—
~V.
Chicago.
Moore
Dr$2,039
.
of premium and exps. on bonds
premium and
engaged
was
the
Transit
384,494
$68.o59
operating income..—
4,394,390
—*—$6<773,945
income——;
of
$382,455'
364,641
——_
Net earnings
Interest and other deductions.
21,319,016
3,566,237
$6,410,021
-
redeemed
Other
.
of
1946,
(III.)
3,661,901
•
.-j_
mcome__J——T'-_■—-^.-_
and amort,
Portion
at Joliet, 111., in the manufacture and
stoves,
heaters, furnaces and ranges; and, in November of
it acquired all of the outstanding shares of Paul Dickinson Co.v.
which, with its wholly owned subsidiary Brighton Foundry Inc.
had
Net
/
the market and, in subsequent
on
$433 201
-
and taxes
$41,267,793 $36,939,217'
amortization—
and
Operating1
Conlon Corp. made a contract to purchase a
the stock of Moore Corp.
(Del.), which for
1945,
interest
years
many
sale
and
corporation's
expenses
756,370
v
'24,912,910
1.——^
1.
•'
and
-/
controlling
of
the
December
In
developed
was
became
years,
sales.
manufacture
Operating
1946 '
1947
___—i
revenues
8,320,283
969,217
revenues-—^——.
Other - income'
sale of electric, washing:
machines
for
household
use/
The
machines were originally made
exclusively for a single large distributor, but in 1923 plans were
made wh'ereunder the corporation
developed its own sales organiza¬
tion and distribution channels.
In 1926, an electric household iron¬
ing machine
the
operating
"
,
6,282,960
,
in
10,588,229
-
revenues
Subs J—Earnings
(&
12 Months Ended June 30—
Operating
1946
$29,710,347 $27,862,563
revenues—u——
expenses:
Depreciation
a statutory
merger (effective March 3,v 1947) ofand Moore Corp. (Del.).
■
' • *■
■
was
incorporated
in
Illinois
Nov.
28,
1922,/ and
the assets of Conlon Electric Washer Co. (N, i Y.),
Corp.
all
'<
Cumberland Gas Corp.
Sub.),
-
Non-operating
from
previously engaged
/;
1947
i-
Net income
corporation is a
BUSINESS—The
31—^
Owned
Wholly
,,
5*
(1353)
Co. of Bait.
& Power
Co
4%%
mortgage
(111.)
Corp.
acquired
or
Gas
Total-operating revenues
1957.
Redeemable at the option of
in part, at 102 and interest. ///"/;;
1,
time, in whole
AND
resulting
Conlon
due Oct.
1947;
at any
company
operating
heating
Operating
Securities Co., Joliet, 111., and Mullaney, Ross & Co., Chi¬
on
Counties
-
operating
Steam
.
Conlon-Moore Corp., Chicago—Bonds Offered—Illinois
cago,
Maryland
Eight Months Ended Aug.
in
which
City Bank,'
Beige
pour
National
and Banque
the
New
York
Agency of Credit
l'.Etranger.—V.: 164, p. 3141. -"•////^/;/■'/
iT: v( Including
deposit,
CHRONICLE
FINANCIAL
&
Consolidated Gas Electric Light
(
\
they
COMMERCIAL
"
Continental
*From
Cost
—/«■— /
of
goods, sold
—
:—
Selling and administrative expenses——
Co.
Gross
Int.
:
—
v
<
.
1
stockholders
shares
will
of
vote
Dec.
1
authorizing
preferred stock, par
cumulative
convertible debentures.
the
on
'
issuance
$100,
and
from
preferred
(1)
stock
from
which
the
reimbursement
sale
has
of
book
a
the
stated
convertible
value
of
will
-
The
convertible
the
terms
put
forward
debentures
will
be
mined
tures
of
$5
principal
be
amount
in
the
dividend
into
rates
subsequently
each
by
to
stockholders
held,
the
stock
common
the
on
the
common
share
the .application
convertible
by Edison's board of trustees.
and
determined
offered,
for
rates
The interest rates
new
preferred
trustees. :
to
Whipple
&
Laurence M. Marks & Co.
to
will
Public
to
Service
improve
be
The
company has
for
authority
bends,
gage
for Approval
with
gether
deem
on
nounced
New
York
Public
Service
Com¬
Jan. 2, 1948, at 102 the
outstanding $30,000,000 or
debentures, due 1958. The refunding of these debentures
final
by
bohda
new
the
to
D,
funds
the
be
to
the
the
in
company
be
will
in
step
$290,000,000
June,
determined
at
a
1946.
later
refinancing
The
interest
date.
■
-
program
rate
•'
.//
:
-
an¬
the
on
//://,.
Kiser, Cohn & Shumaker,
Inc. —;———--—
Max T, Koshland as Co._^
Gross
31,
of
1946,
between
capital
annual" percentages
the
funds
the
of
the
ten
greatly
years
company's
*;Will
•
surplus
allocated
/../Three; investment
banking groups plan to enter competition-for the
offering of the $30,000,000 in bonds.
One group is
led by
Morgan, Stanley & Co., one by Halsey, Stuart. & Co., Inc., and the
other by The First.Boston. Corp.
; " '
„-:
capital
stock
account
and
the
as
the
Other
if
"it- Weekly Output Increased 6.9%—
The
,
company
(electricity
1
Oct.
1
announced
and
generated
**-?*'"
/
v\
combined
?
purchased)
the
balance
will
week of
1946, an increase of 6.9%,
Local
electricity amounted to 188.300,000 kwh., compared with
for the corresponding week of last year, an increase
166, p. 1252.
of 3.3%.—V.
/
.
'tf
1
'*
/
1
Consolidated Industries,
Results
for
year
ended
april
30,
profit after charges and income taxes—
Current
.
A
assets
on
liabilities
subsidiary,
of
April
Sales,
'
Net
/
30
totaled
$1,630,133,
Development
.
••
compared
/
Corp.,
v
128,227
—
3,560,840 shrs. outstdg—„
s
Outstanding
shares
of
July
from
Fibreboard
130,400
Products Inc
117,232
.•
$0.03
with
April
30
held
Baltimore
Porcelain
f__
goods
Operating
total
Depletion
the
Interest
sold
£
....
;T
and
/ :
.on
1,046.243* v
215,796
notes
payable to banks
),059.441-
new
J.
Eastern
'
.,
1-1 '
,,
———
**'*'
4.905.CC0
taxes—
3,972,000
$15,777,144 $14,288,262
-/•-./-—187,792
'
1
rl\rl
r
''
'
111
"""
571,583
1'' 1
"
".
x
.
$15,964,937 $14,859,845
income——
4.500,299
6,128,685
income—/—™.
—
,
—$11,464,638
—/
$8,731^161
accelerated
depreciation
and
postwar
adjustments.—
/;
y
■; y
:•/:**/Y:
•
on
Oct.
construction
■
// .//:*■ Y
.y
,-Y y
--»
,
to be in operation
by Oct.
1,
1948, will have,
existing
tons ..a year,, substantially, increasing
producing capacity in the East.
60,000
strip
President, • said-'that the New
company'* mill - -facilities within
Zivian,
the
strip
<"*•':
1 announced that it has let .contracts for
of a coid rolled strip mill to be located
^
mill scheduled
of
/■'■
Corp.—Awards Mill Contract—
consumers,
v^ll
put
at
their
Haven
./'"t"
'bc.sj'd'es
plant
trucking distance/ol
command considerably
Eastern customers will benefit
delivery schedules.
/A ;
larger tonnages than are now available..
further
/
from
speedier
production and
.
mill, relieved of the heavy tonnages normally allocated
districts, will be able to supply correspondingly larger*
tonnages
to its midwestern customers, .Mr. Zivian added.Further,^
improvements and alterations now being .made at the Detroit plant'.
?ake expected to step up that uhit's' annual capacity to approximately;
150,000-tons, making an additional 35,000"tons a year available in
the midwestern area as a result of this overall program.
/•*■•
It was stated that the New Haven mill is expected to cost approxi-
214,615
/ The
to
36,558
the
Detroit
eastern
'
)
...
•
v
Haven, Conn..
rolled
M.
Home
Corp.,
income
///
>
.■
capacity
cold
Other expenses; net of other income—
/■..
108,487 i) ■.'•* 108,260
U. S. & Canadian taxes cn
income......—-3,073,841. /1,853,090
Steel
Federal
—
for
immediate
New
a
117,232
Corp.;
40,000 vshares of /Minority stockholders' equity in earnings.
48,485.31,296
Appliances,
Inc.;
23,725 -shares
of; Clyde
Porcelain.
and 200,000 shares of Telecoin: Corp.. These securities,
Net income,
$4,824,205
$2j704'.605
parried on the books at $807,752, had a market value of $1,577,496 -•Earnings pCr common share:
—i
$1.73
/"/•
$0.87:
on April 30.—V. 163,
p. 898.n
v—V. 166, p. 1148. " •■'*.
Bendix
Bteel
•
•.»:
The
'
2,581,233
/'•
•
*
1947 ,■
;./■ 1946^,'i
operations———$100,372,917 $85,443,181
charges—
79,690,772
67.182,919
-—/___
'
>
f Detroit Steel
y/" The corporation
the
:lf 3,139,901
amortization......
July 31—
the regular
'.///■/;'
20,087,125.
'•
'
*.'.■•
declared an extra dividend.of.20 cents per share
quarterly dividend of 20 cents per share on the common
stock, both payable Oct.
20 to holders of record Oct. 10. -Like
amounts were paid on Jan. 20, April 21. and July 21, this year. <*. In
1946, the company paid a total of 90 cents per share in cash and 25%
in stock.—V. 166, p. 369.
/Y",/•?.:.*".Vi.
/at
23,592,419
799,619
-
Detroit-Michigan Stove Co.**—Extra Dividend—
$36,085,935 $28,639,665
-
—
expenses
Depreciation
:
on
of
.
.
—
'
from
1945
104,931
.
668,0/8
-
<■
$6,644,978
1,904,614
The directors have
$35,838,303 -$28,417;502
operating income,- nefc_-—__—
614,333
-
•
/
;ir./13^4;
/;//:■:'v*'///:.///' ;vv*:///:/.'iy:, ,<
52,663,335
44,788,218
50,684,613
52,712,406
11,382,412
5,834,8'39
11,326,051
14,65^,990
' 5,406,668 2,323,975
3,443,580
8,101,262
166, p. 1148.
and
600,00,0 shs.
(& Subs.) ^-Earnings—
(Including Canadian Subsidiaries)
' '/
31— •*■>• 4 *
'
1 1
1947
1946
Total
Cost
fbflowing'common stocks:'38,750 shares of American; Time Corp.; 1,000
shares
of Ami, Inc.;
32,500 shares. of Artcraft' Manufacturing Co.;
24,960
60Q,00Q shs.
788,592
•
current appropriations to retirement (depreciation) re¬
accruals for all taxes other than income taxes, and provision
serve,
V.
.
.
1,241,122
.
Utility operations
income-
during
"
'
net
Other
Dividends
$2,411,668
011
$517,913,.
Appliance
-
1947
sales/—-'—/————
Net
current
.
1945
$6,093,211
1,263,788
.
estimated
';*•)
1
bringing
Net
Earnings per common share
/
•
,
Inc.—Earnings, Etc.—-
/'
•
,
3 Mos. End
-y /
>
; 1946 '
$6,275,074'
///•Including
be
Crown Zellerbach Corp.
kwh.
182,300 000
(i
follows:
Authorized
as
for
Deductions
.
corresponding
distribution oi
.
will be
\
Capital, stock ($10
—V. 166, p. 1148.
*
,
,
Gross corporate
the State of Indiana.
capitalization of the company
System output of electricity
for the week ended Sept. 28,
5,766,420
maintenance
income
^
CAPITALIZATTON-r-Upon the issue and sale of the capital stock; the
that
amounted to 205,100,000 kwh., compared with 191,900,000 kwh.
19(47,
for
on
3,335,321
from utility
and
>
to. surplus.
of
1,955,925
-
income—
from
Income
:
proceeds
laws
8,923,704
':y/;:/.//:■
166, p. 853.
Provision
.
-
6,581,533
1,582,708
railway—
railway——
oper.
Gross earnings
It is expected that in due course part or all of
will be invested by the company in securities qualified
legal investments for casualty insurance companies organized under
such
proposed
the
to
"3,657,919
Detroit Edison Co. (& Subs.)—Earnings—
in¬
and
allocated
be
33,990,065
3,917,162
from
ry.
♦Operating
ended
"v y'
31,858.716
•
1947/ ,
railway—LI- $6,816,150
12 Months Ended
100%
and
the
During
579,514
328,814
*
-
$4,002,571'
'
806,157
627,080
600,157
-
'
1944:
1945
$3,641,095
841,869
Z
'
»
28,011,629
railway--—
from
—V.
—
written.
premiums
1946 ' *
$4,234,904
on*
the
of
./i
-
'
Jan.- 1—
Net
1,%
,
25
8,175,977
oper; income
Net
1%
3 Vz %
;
•
lJ/a%
voluntary reserves at the end of each calendar
year to
the net premiums written by it during each such calendar
year ranged from a low of 39.5%
in 1937 to a high of 59.1% in 1945.
As of June 30,
1947, this percentage for 1947 was 41.2%, assuming
that the same volume of net premiums written by the company during
the first six months of 1947 will be written by it during the second
six months of the year, and after giving effect to the present financ¬
ing, the 1947 percentage would be increased to more than 47%;
The gross proceeds to the company from the sale of
the 100,000
shares of capital stock will be $4,000,000.
Of such proceeds, $1,000,000
after
or
20-year 312%
will
applied
volume
capital,
issue $30,000,000 first and refunding mort¬
due Nov. 1, 1972 the proceeds of which, to¬
from the company's treasury, will be used to re¬
series
ry.
From
/
.1%
3V2%
relationship
the
creased
of $30,000,000 Bonds—
mission
3Va%
from
^ PURPOSE-r-The purpose of the sale of the 100,000 shares of capital
is to increase the capital and surplus of the company so as to
1
Commission
.
y
This 4a
•
quarters
Aug.
on
y":y:-:-*.:;;
853.
p.
from
Net
& Son_____
3.
preceding
payment
J
the increased
Oct.
34,5&0,365
income-/-
oper.
Net
stock
Dec.
Applies
:>J
-
Whiting,. Weeks & Stubbs
The
deben¬
also
3 Vz %
Paine, Webbe^ Jackson Ss
/Curtis
'
The Wisconsin Co..i—
p.
on
record
three
the
665, ;
income-A.^;,/, 421,787
railway—
166,
Gross
2%
Dallas Rupe
of
Delaware Lackawanna & Western RR.—Earnings—
IV2 %'
1 '/2 %
l'/2%
Harold E. Wood & Co.^—.
the
918,830
railway—
/August—1
2%
Bosworth, Sullivan & Co.
4%
ry.
—V.
-
Kalman. &
"4%
Net
2%
Maynard H. Murch & Co.
7%
from
from
per¬
Co.
Co._^
166,
railway—y
oper*.
Net
/ "2%:
+
Chapman &* Co.
Kebbon, McCoi-mick &
•
of
From Jan./1—
..
'M•"
Farwell,
Co., Inc..
William R. Staats Co....
deter¬
the
on
stock
'
be
The Milwaukee Co..ii—^
-
7%
Hornblower as Weeks—
on
according
Commission.
at
ry.
Gross
Alex. Brown & Sons_
be
<.
will
debentures
basis
1
7%
Inc.
-
the
15^
15%
Bacon,
present preferred stock and (2) to
company's treasury for sums expended for recent
of the
plant additions.
<
:—
each
in
'Y
i
1947
railway—$4,278,199
from
from
y
Co.—Stock Offering—
Mackubin, Legg & Co
5%
Lee Higginson Corp.—5%/
$199,-
debentures
Casualty
paid
as
holders
to
15
.stock outstanding before
stock dividend.—V.
•oss
$8,869,273
;
.
.
of'the
redemption
to
amount
share has been declared
per
Oct.
2 Delaware & Hudson RR, Corp.—rEarnings^-
' 2,545,164
$803,961 $12,156,482
cents
payable
87,840
V
$11,414,438
205,420 <2,465,194
/
66%%
our
Harris, Hall & Co. (Inc.)
Harriman Ripley & Co.,
$57,-
sale of the new preferred shares will be applied
at $105 of company's present 2,188,885 shares of $5
Proceeds
applied
in
William Blair & Co
the
the redemption
stated
Glore, Forgan
of
'
-
-
t
.
205,420
r,i
common
Net
,
19 the company filed with the New York P. S. Commission
application for - permission to issue the aforementioned securities.;
cumulative
.
1,102,304
UNDERWRITERSr-rThe names of the underwriters and the
centage of unsubscribed:stock purchased by each are as follows:
On Sept.
995,259.
$14,621,675
448,259
issue of Sept. 22, of the: 100,000 shares of capital
stock (par $10) offered
for ,subscription to stockholders at $40 per
share, subscription warrants covering 94,738 shares, were exercised
and 5,262 shares were purchased
by the underwriters and have been
sold,
,J*
Consolidated Edison Co, > of New, York,. Inc.^-Plans Is-'
of New Preferred Stock and Convertible Debs.-*-
Proceeds
$1,009,381
$635,410
Continental
suance
to
Cr2,015,
Cr87,777
37,355
166, p. 1252.
As
'
■
an
v? 3*7,355
;|CrlO,127
same
Net
80.724
.
166, p. 464,
of
i
*
August—
46,358;
—_
and' surtax—/,—..
the
the
$840,830
expense^..
pfd. stock
on
-V.
$135,299-
1,750,000
287,501
25
stock,
common
disc., v'
Net income
Divs.
$1,334,206 $18,439,033 $16,613,484
289,485
3,456,875
4,008,903
•
,
../—*
Net:
382,600
debt
of
and
Other deductions
$250,560
//
11,821
-
—
deductions-
./The
long-term debt.w";
on
prem.
dividend of
A
$1,155,560
Balance.
Federal normal tax
.
income
Amortiz.
$3,708,054
3.152,520
-304,973
........
.
Total
Other
~V.
Chi¬
of
.
" 'i j",
•>
/'/ /'*
J
v..
■ --.'J51
income-.?^,—$262,382'
"p,'/
i
Trust
/.Y/i:—
Operating;
Other :lnccmic—
-
and
INCOME, FIVE MONTHS ENDED MAY 31/1947./
Net /sales*—
..
Bank
the life of Lewis Moore will be applied in reduction thereof.
on
> STATEMENT OF
:
National
June 11, 1947.
The bank loon is extended on a
basis; but $135,000 of the proceeds from insurance
month-to-month
policies
Illinois
2%%—due
at
cago,
»
"
mately $3,000,000,
for
the
and: that
project.—V. 166,
p.
no
853.
additional
'
/
financing will be necessary;
/
y
•
••*""- *,;/ - '
*
v
.
THE COMMERCIAL 8c FINANCIAL CHRONICLE
(1354)
€
Gross
from,
Net
from
Net
ry,
railway
railway...
income
oper.
■
$590,762
115,572
'
Jan.
From
Gross
Net
railway......
from
Net
ry.
income
—V.
oper.
166,
948.
p.
'
Federal
Other taxes
1,369,757,
,.»»
-
—
' ' 'V(iv"'/."
railway
from
Net
ry.
railway
from
Net
Gross
Net
ry.
*~"V.
166,
948.
p.
,
56,523
2,873,966
1,363,159
431,823
2,935,806
1,467,119'
1 468,964
.>."/> !
...
.'/'//
...
40,803
2,702,177
1,072,051
271,654
610,840
income...
oper.
55,847
3,703,428
1,789,627
railway.^
from
Net
v
railway
from
$349,510
163,363
168,090
50,190
.
income
oper.
1944
r.;
/[./'•. V-l/ ::
-
.
income
Applicable
'
157.
166,
Oper,
or
948.
Investors
1, 1947, through operationinterest; .Payment will be mad®
Shares
Corp.,
-'V :'(>•*'
;■
covering
$2,250,000 of
$1,333,284,
208,540
i -82,629
New
.60,700
1
SEC—
'
for;the
•'
$820,179
.
$2.43$1,97"'
i
v
Gross
679
income
shares
;
; ''
!
$307,480 v,
25,625
$239,779'
"
■
'
stock)
818,569
share—> -' /V $1.89
—V.
Gross
Net
divs."' -Y
com.
surplus
—
$281,855
_
v-i;*
-■
$230,005
•
«
/
$3,339,859 ; $2,015,979
railway-/—/ $1,692,747
railway-/.*^/''
'
.
:.'/•
1946
$1761
^ :
■'
•
..
*67,107
\ ■'
*':♦
•
t
}
' "1944 ',*>
1945
$1,633,338 ' $1,988,747
•
*99,099
:
/'»/
-
$2,088,559
•
418,952-; .".;514,4B9-
''//
18,574,547
'■ '•
.
.
:
-
22,627,4li
17,877,100' 21.131,772
-
/ 4,042,939
3,102;245
"r8,009,377«% 10,053,291'/
3,610,612
;;
4,547,01*
,
see.; •; '■
p.'
V
' > •// Y?
■> -i.-;. ".-k
'/* . 1 ti
Flour Mills Co. of America—New Director-— //;/
b. Bnker, Jr.; a partner of the New York Stock - Exchange'
,
,
John
firm
...
■./:•■;
1947
-
:/*beficit.r-W/; 166,'
166, p.'853.
; Eleq-frick-Toys,
818,56a
;
"v
,..,.
',/\v-\
-
f.lU5t;*y/oper /income'!../.^v,.898^763/;•• 2,166,892
i"--
.•>
■
J^t/ry/cper/ ihctoihe/////.*308,^988// *195,969 ' /Y 279,07T// 340,33®
v
$2,116,079
,100,099.
.
307,500
*
/
Ry.—Earnings—'/
' '
from
from
'//r
-'.b.- <■*"
..;• •-'
•*
*
$3,647,359
V9,774
t
The
"/'. V,
t
///.;/
'
,t
and
-
?
•
.*
//August—
'
'
■
\ 1 '
>/
taxes—$1,547,417/$1,444,3*9^.
;
va;d
i,2"
)f-
v
outstdg.', (exel; treasury
$340,53411 $4,835,784 *'$3,502,643
V./From Jan. 1—/
4,404 ^ - 16,189 ^ ^76^96^,^ -374,833'
Gross from raflway——
98,500 Y /1: 84,566 ^ 1,112,329 Y'1,011,7315 ^ Net from. railway—///
taxes—i;:v
income
Balabce for
\
Inc.—Earnings—
———v,>^-949',546''V- 885,2741
$410,385
deductions
Pfd. stk. div. requirem'ts
:
th®
v/Z-v
p.> 134.
Florida East Coast
138,895,
.
,
1 '
Net
;;^ 36,047
—
'
4,352,050,
4,551.770
5,767-
-
.
.
•
$9,477,009:; $8,020,595:
363,214 i
,> •
'1
Income
with
plans
Earnings per common
—V. 165, p. ,1589//
'
1947—12 Mos.—1946
_LV>, $410,297; Y; $344,277'^ $4,889;192;'i'
—wi— ''88
Dr3,743
■ Dr53,408 2
Federal income
/
>
;
statement
G; : / • "/ •
•.?/') June 28, '47 June 29, '4G
profit before Federal. taxes—j!!
$2,496,963
$2 329,669
Common
r
,
$713,258
409,204
,
develop, costs
income
witH
Quarter Ended—
Net
Federal .taxes
(& Subs.)—Earnings—
1947—Month—1946
deductions..
Balance
.
Other
••
of DWN Plans, ancf'
Plans, ; Underwriter, First Investors Shares Corp?* .'
are
periodic payment -plans and fully paid'
acquisition of shares of Wellington Fund, a mutual
The
■
revenues
rev.
;
! ■.■'"/
on
I First National Stores,
: $752,973^ ";
—\^' $929;472
381,994 shares)
on
-*
.
DWP
York.-
plans
,......
N,; Y.—Registers
Sept. 29 filed a registration
$2,250,000 of DW Plans,, $5,500,000
SEC
184,472 V
-
;
v;/
•
company
.
,
Tne
853.
p.
Explor. &
Charlotte, N. C.—Registers With SEC
Duke Power Co.,
:
Y.,
/
196l»
1,
May
8c
V'
First
.
$1,336,912
3,628
$1,242,578
Dr433
15,366 '
1JL.051
to common stock—.
(based
Operating
.
-
-
N.
p.
due
Co.,. Incorporated,-23 Wall Street.
at The Cleveland Trust Co., Cleveland, Ohio*
.//-/'r'.:/.//•■'"/''/•
/
'
"' "*■;
,
>
^-V.. 166, p.
;
.
$97,841'% $1,242,145
.
El Paso Natural Gas Co. (Del.)
.
„
14,645
Period End. July 31—
r
a
,
166,
debentures
Nov.
and
Morgan
/Net' profit after Fedefal
registration statement with the £
©EC coverirtg $1,500,000
15-year sinking fund debenteres. > Under-'
writers, Central Republic Co.; A. C. Allyn <te Co.; and H M. Ryliesby.j
& Co., all of Chicago.
Proceeds will- be used to redeem ^outstanding
debentures, repay bank loans and to increase general funds,'
Busi-\
toess—Manufacture of power hoists.'
/.//
i
j,"
;
12 Mos. End...8 Mos. Epd. .;
! Period
• -4*"*
^ ^J J June 30; '47 June30, '46
Consolidated net .sales———.——
$11,421,645 $5,304,093
Consolidated net profit....—'
'519,421
224,321,
profit perSf share.
_i—
—b—.
$3.04
$1.32
30 filed
Sept.
York,
—V.
100'/2
at
P.
3%
on
!
2
income
Per share
■
•
on
New
_1_—
fund,
J.
of, 20-year
redemption'
investment, fund.—y/ 162,
>
'
company
296,943^
332,355
401,618;
for
office .of
$74,597;v:;:i $71,424
$996,973 V $1,042,113."
Extraordinary reduction in Fed. income taxes
"
$221,641
Preferred dividend requirements..—,
——.67,60,li, *.
-67,501;
Net
two cents each
Srere made on Feb. 1, May 1 and Aug. 1, this year.
''-'V ": •" '
In
1946,• the' following dividends were paid: Feb. 1, May 1 and
Aug. 1, two cents each; and Oct. 25, eight cents.—V. 166, p. 665.
Dodge Manufacturing Corp.—Registers With
sinking
the
"
stockholders
'•The
the
a,t
428,478
:
,
$96,689
;
1,152
.
Special charge
24'
payable Oct.
of 3V2 cents per share has been declared,
of record Oct. 15.
Distributions of
A dividend
i©
r
$89,242 -;
Int.
3V2-Cent Dividend—
Shares, Inc.—Declares
Dividend
35,360
133
(net)—
Balance
and amortization—
_
—V.
■
of
311,667";,
'■ '3,065
/"
22,512
$89,109
;;Y Net oper. revenues
;
1945
$277,055
91,655
$625,000
called
SEC—
>
1946
$395,491
174,445
1947
$393,059
.
$4,033,128
1,479,689;
of
been
427,752
:
.
34,708
40,985
total
have
185,610
; :
295,818
25,000
278
-
taxes—_
$4,556,660
1,847,303
21,088
26,667
:
—_
of franchise—
income
Detroit & Toledo Shore Line RR.—EarningsAugust—•
Gross
■
29,992
Depreciation
Amoifiz.
Other
■
——.
-
—
Maintenance
6,087,130
2,423,454
6,070,406
2,279,009
1,248,808
6,219,807
1,849,327
993,175
2,046,093
railway
$401,446
$364,990
179,707 '■■'•^164,342
Operating revenues
Operation"
/ //■
1—.
8,720,213
3,793,328
from
56,697
v
A
1947—12 Mos.—1946
1947—Month—1946
Period End. July 31—
1944
$68&',514
201,293,
121,134
1945
1946
$967,010
..'/[ 400,728
243,514
1947
$964,241
/;., 371,312
205,345
■;
Firestone Tire & Rubber Co.—Partial Redemption—
El Paso Electric Co.—Earnings—
Detroit Toledo & Ironton RR.—Earnings—
August—
Monday, October 6, 1947
,
of
A,
M.
p. 1720."""
Kidder
1
-
lue^IJtica, N» Y^Files-with SEC—
&
has
Co.,
been
elected
director.—V.
a
164,
;
-
.
/'
,;','/./
'
•,
" '.:■/
/
/-\ '/■" :
"/./:'
;th^
registration "statement with the"
/ Fpote Bros* Gear & Machine Co.—Earnings,. Etc.— /
'
SEC for 750 shares preferred stock (par $100) and 750 shares common •
©EC covering 252,512 shares (no par) common stock.- There will be \
(par $1K ; Both classes-to be offered at par.Y Underwriter,; Mohawk
Elg))t Months Ended June 14—
/
^ v / //.. *1947
*
1946/V
«io
underwriting, however, the Duke Endowment has agreed to pur«j
Valley Investing Co., Inc.
Proceeds will be used for operation and
; Net/profit/(approximately)*
; $110,000
*$82,009
«5ha$e all shares not subscribed to. by "stockholders,"'The stock will be
development' of business." v
-v. •
.-i-j
-i-".
*Net'16ss./.
'' '
1
'
'
"
/*
•'
' /
Offered for subscription to stockholders on the basis of one share for (
Y.r;v''\
each four held at $82.50 a share.
Proceeds will be"used to finance/
;/
CAPITAL. STOCK, AND SURPLUS-ACCOUNT, JUNE 14, 1947. rr }
i .Electric Power & Light Corp.—Weekly Input—
construction.—V. 166, p. 1148.
i
.
1 ' •
j(
;
Prefer red, stock "($10 par. yalue)—*_l,i-,£./*/*//!—//:J)314,470.
(.
For the week ended Sept. 25, 1947, the System input of subsidiaries 4
Conimon stock ($2 par value)****fc/^*—*/>*——_/i**^*—.
/ 436,290,
of
this
corporation, amounted
to
63.397,000
kwh., y an increase of
jDuluth Missabe & Iron Range Ry.—Earnings—
/Capital 'surpius-*/-,-*—-***^*—/*s,i:_/*i——*/_i;*//-u/:/.//615,l061
8,437,000 kwh., or 15.3%, over the corresponding week of 1946—V. 166,
''
Donated surplus
.J.u*//'/***—/**/*_*—i.—*
'60,000""
August—
'
1947
1946
1945 /[/[ 1944
p. 1253*
• * '
^
' -v.
^ r'
W
.* * k 5
Gross from railway..—
$5,668,361
$5,356,265
$5,493,926
$5,955,071
'Earned; surplus;.**_!/_—*—**—**.//^*//**../ J,C71,42Si •
I'1'-i V,~. '•
' f;,,^ • yx-\ \
\V, /; 4K ■"
I.''/'
'".V'
Net from railway
3,476,456
3,431,333'
3,404,082
3,885,9-34 /
Elgin Joliet & Eastern Ry.—Earnings^•
. * >
Total capital and surplus*/—//*—/!/_//—/i/il—/*—//* $3,297;302 ~
Net ry. oper. income
1,926,212
2,054,103
2,010,292
2,162,326.
The
oh
company
Sept.
filed
26
company
a
Sept.
on
filed
30
letter
a
of-
notification
with
-
v,
,
^
..
.
,
—
.
,
,
YAugUstH^'^?
from railway.!..
1
1—
From Jan.
Gross
from
Net
ry.
f"
*
'
■
'_
25,468,318
19,896,938
railway.——
12,137.046
7,958,782
6,495,664
4,315,978
railway
from
Net
J ,*
.
income
oper.
1/
27,096,493
27,430,400
13,617,767" 14,185,654
7,418,614 " 7,624;841
Net
_
-
.
.
%
.
.
r
August—
Gross from
Net
from
railway
/ From
Jan.
1—
from
Net
from
Net
ry.
89,970
./
income—.'
oper.
Gross
—
railway—:
Net ry.
Net
Net
—
*14,988
22,219
'
1944
1945 (> '
$207,100
• 21,262 ;
'
•
from
ry.
)
$218,600
36,113
income...
454,477.
1,703,400
1,828,300
593,861
145,204
389,998
-V-' 129,185
*206,070
12,339,500
*
>
income
letter
a
.
:
.,
2,280,000
686,739
Eric
V,'(
notification
of
filed
was
with
for
from
Gross
'* t\
-
165,
'
Vft
♦
outstanding
first mortgage
Dissolution
Paul
3Vi°/o
The SEC
tribute
ry.
Coast
*-V.
Electric
168,
Co.
.
1
three
,
shares
.
for
The
District
The notes will
each
share
bonds.
The
than
the
25
years
largets manufacturers
Eastexn
lias
pioneered
the manufacture of
processes-in
,
with mills at South Brewer
country's
The corporation owns extensive
«ind
held.'
the
large percentage of wood used
properties.—V. 166, p. 758.
*''' *''
in
.
&-Trust
'v
stockholders
officers
to
the
of
There
are
file
at
a
special
a
certificate
meeting
held
dissolution
of
Opt.
on
cash.—165;
524,903 shares of
/,
from
Net
ry.
—V.
Provision
for
income
Depreciation
and
Interest
debt
and
"'N
r
:
'
1947
Dividend
;
Period End. June 30—
.
Operating
Oper. exp.,
requirements
on
4 !/2 %
maint.
and
V
prefer-
Balance
/
/
119,655
*
Operating Income iZj
'
1946
'■
>
;- "
'*,
Earned
—V.
per
166, p.
Ebasco
The
Of
share
6%
pfd. stock
1149.
*Current '-earns;- receiv.
,.
$4,887,775-
$5,565,141
v
$14.87
on
management
Gross
Net
1,108,729
'j:
//*
The
the
policies
and operations
of
survey
the
1«)'ly; N*
-
*
}.
,
'
4 *
:
^
[
*
s;/f
w-',
..
;
:
-
1
'.i..''
V'-V-'V/
?
T
'
J;
«-
Frontier Power Co.—Statement of Income—
.
Net
operating
per
—V.
to
•
$236,330
'
—•
/
•
61,164
,
$175,165
1
:
:'
1149.
$202,841"
46,642
$156,196
6 Months Ended June
/
64,036
$92,162
-
\
'
' 'r
•"
30—
income
Net
24,465'
$1,181,624
236,247.
~ $528,604
/"
: /.
-v-'
•:
;
■
/
\
J
/
f
,
1946 //
$235,663
80,840 / //:. 86,233
—.
income
$307,582
[
357,736
——
..
,
$149,430
149,430
LIABILITIES—Payable for securities purchased, $71,841; payable on/
capital stock repurchased, $36,793; accrued expenses and miscel-/
own
laneous
$1.31
$0.52
$0.18
\
1 . '
> BALANCE SHEET, JUNE 30, 1947 '
/
M \ **
[ ASSETS—Investments, at market quotations (cost, on basis of spe*/
certificates purchased, $17,948,687), $18,939,788; U. S. Treasury^
certificates cf indebtedness,
$3,013,449; cash on deposit, under cus-,
todian agreement $486,275; dividends and interest receivable, $69,312;;;
receivable -for securities' sold, $32,679;
receivable on subscriptions to
capital stock,
$124,237; cash on deposit for scrip redemption
and
unclaimed dividends, $2,696; total, $22,668,436.
.■///■',-. •'//;/•/[//*,
$689,230
1
$0.21
'
ciflc
256,146
■
$272,458
--
.
•
1947
$388',422
*
**j—*_
■:
'
1 "
j
$945,376.
/ 256,146
c
'1 ^
'
'•
'
■ ■
$111,129
•
.'
$770,713
242,109
:'/■"•-•'/■A?f■•••'
divs//
Com. stock.*
'
1
Expenses'
'
Dr9.700 •/
$178,50s;
89,659$0,64'
■
s
'
•
_
** 'r
Cash "dividends
-
64,036
earned
after pfd.
166, p.
..
5,997
sh. on 524,903
of
'
.//*.$210,988
revenues
1
^
income
Balance
'
.
$718,870
-
,
*
income
shares
■
.
$2,696;
/
taxes, $21,634; unredeemed scrip and unclaimed dividends,'
capital stock <($2 par), ;$3,430,194;
treasury stock (22,798
Dr$45,596; capital surplus-,• $18,166,845; earned surplus (defi¬
unrealized net appreciation
of investments, $991,101;
$22,668,436.—V. 166, p. 666.
'
"
.;////":/' , v /
shares),
■//
commenced on Sept.. 22,
of the Treasury
Fireman's Fund Indemnity Co.
See
Fireman's
Fund
Insurance
Co.
The
;
directors have
voted
to
make
(Calif.)—Offer—
below.—V,
Fireman's Fund Insurance Co.
intention
;
v.
jDr9,268
deductions
surp.
the
1947, according to the contract,
Department that the study be
completed as expeditiously as possible In order that the Appropriation®
Committees of the Senate and House may have
the benefit of its
conclusions
in
considering the Coast Guard appropriation for the
fiscal year 1949.—V. 166, p. 758.
;
•
is
-,
dividends—Federal
Amt.
{
Sept. 19 announced the employment
consultants of 2 Rector Street, New-
of
'
Light & Traction Co._~.
$3,779,046
$10.10
•
York, N. Y., to make a study
United States Coast Guard.
J
income
Income
i
/'"-V
Department
corporation,
4,668,851.
2,119,689
T Fundamental Investors^ Inc.r—Earnings^--
402,786/
277,016'
.,
'
$780,413
$196,843
disposed .of
.
Other
•.1,812,384
$6,673,870
$245,598
■
/t from subsld. companies
3,947,620
Services, Inc.—Employed by Government—
Treasury
this
of
pfd. stock————
1,237,052 / 3,318,032
558,175
1,573,755
[NOt-'lncome——*_*iJ*_/*-**.L^—!**—//—'110,142,
Net .income -per- shares—1
/*/■/ "
"$0.78
—V. .166, p. 1253., *•
/
s .,
.
4
f
3,227,349
350.346,
3,182,285
84,113
' 321,799
110,711 u ' ' 384;792 .'
' ——/
Y
716,048
.
vl,997,666
4,770,261
——1,108,729
applicable to 6%
\ f'
■
;
Excess profits taxes——
Pfd,
_
•/1
•:
v
\
•
*
" '
,
"
Federal income taxes
;
1,860,361
'
—
prior
644,085
s-
Frailey Industries, Inc., N. Y.—Files with SEC4—
V
1947—12 Mos.—1946 *
$4,669,290 / $4,976,369,
$1,107,717
$1,175,087
,
J
ACCOUNT
INCOME
1947—3 Mos.—1946
revenue—
'
.
stock
ence
•
"
1
7,927,4621 11,140,017!11.061,936^
Tbe"Company on' Sept; 26' filed a letter of notification with the SEC
for 34,500 shares of class A stock (par $1), to be offered at $5 per,
share.
Underwriter, Edward R. Parker, Co., Inc., New York/ Pro*
deeds will be used to expand sales of products, etc.—V. 165, p. 2276,
more
general taxes —723,758
Deprec. and retirements
*
r 86,075
<
y 3,866,168
.
—
69,421
/
658,532
.276,754*
■)
■
.
r
CONSOLIDATED
and Lincoln, Maine, is
fine papers.
For more
depletion.
income
Net
364,171 /
^
—$17,170,660 $12,245,445
L.,—u.
1944
$1,572,969
$1,353,893
<
-
the development of improved
————
/ 1945
1946
854.
P.
-
I... V
v
held.
,
taxes
'
754,844/: .165,145
398,292
/
s
/ '*'■
..
2% interest rate.
1
discount—
" ■"
/'■"; * '/■
r
\ "
$1,048,424
$1,663,469
"
l
/
than the necessary
two-thirds required;/ There
were^
602 shares of preferred against the proposal.
'
■;*::
Eight Months Ended Aug. 31—.
/
1947-'
1946 ,
The company stated it hoped to make a distribution about Oct. 15
Operating revenues
:—*
—
$712,822
$635,173
to common shareholders of $11 in cash together with one share of
/ Operating expenses
i*—— 367,296 :•/347,973
Public Service Co. of New Mexico and one share of Federal Liquidating/
'Depreciation- ****/*_l'*/-i/_***i*/—**i.**-.///-' r'j J ::51,436 /,; .•■31,505*
Corp. for each share of Federal Light & Traction Co., common share / 'Taxes (general)*/.
——*/——**
83,101v,' 77.18T -
shares,
Associates—Earnings—
12 Months Ended Aug. 31—
consolidated income-
railway-/--**
oper,/ income
166,
■«
issued and outstanding, or a combined total of 567,534 shares.'
Voting in favor of the resolution were 424,121 common shares and
11,576 preferred shares. This represented a combined total of 435,697
in their plants comes from their.
Total
purchased
shares
Ry.—^Earnings—
,1947
,
.
From Jan. 1—
Total
Eastern Gas & Fuel
•
the
of
v<
/*. -J*
'
the
*
■*
out
'
^'* f.i 'v
Gross, from railway—/* / 9,727,124/
Net from railway——
3,081,750
Net fy, oper. income—*
1,543,076
shares of preferred
and 42,691
common
in
.
,
208." '
p.:
railway..—
from
Net
authorized-
2
.
this company
of
Secretary of State of New York.-
,
-
Fort Worth & Denver City
-
.V
'*.»•
Oct,- ,15.-/
made
be
1
stock dividend and the
share, both payable
" ►
•
■ ;
7.
^■r"J
per
Co., Pittsburgh, Pa., has been "' directed on behalf of
who-would be entitled-to such fractions to sell the
'sV'i
.
will receive proceeds.—
y*\
,v
*
:
cents
representing the sum.of such fractions .and to cause , the netproceeds of such sale to be distributed-pro rata( to such shareholders
expanding business.—V. 165, p.* 2798.
•«v
,
will
10
of
shares
-August—.
''*
•
*
record
of
distribution
the: shareholders
being sold by stockholders who
are
stockholders
to
stock
Bank
stock
pulp as well as paper.
* ■
-l -»
woodlands in Maine and Nova Scotia
a
Own
in
of
v
office
a
34,145,693
Federal Light & Traction Co.—Dissolution Approved—
^
•
corporation,
of
*
The
The preceeds together with treasury funds are being used
to retire company's outstanding first mortgage 3%%
One
shares
6f ,financing its
•'
.
carry
-
11,038,718" 13,714,065
*42,660
s;
106,468,081
25,363,249
8,819,344
7,023,324
requirements,"
y.
' " \
•••i
the company on Sept, 16, 1947 from the Estate of John W. Hub/
bard, deceased, and now held in the company's treasury, ••••v vv?/
In lieu of distributing fractional shares the Peoples First National-
948.
p.
1947 amounted
14,
by
Mutual Life Insurance Co. of New York for the purpose
:<
serial loan of $2,000,000 maturing Oct. 1, 1948, to-
1, 1952.
166,
99,336,373
29
declared-a 5%
dividend
quarterly. cash
The
•
;
gan, President, announced Sept. 30 that the corporation^
lias arranged through Central National Corp. of New
Oct.
20,017,211
income.—.-:
Oct.
Jvl,458;692
Family Finance Corp., Wilmington, Del.—Borrows $4,-
i
a
railway——
oper.
81,299,991
at June
as
' v.-. 'J
/On,1'Sept:. 24,{the directors
Gross
Eastern Corp^—Nates Placed Privately—Clyde B. Mor¬
York
,
-
98,057,828
company
which was $438,000 in excess of mortgage
$2,307,000.
V./169, ■ p.":268v
i :■/ j /■ ■
usual
V, 165, p. 207.
(,
of
rate
1,093,207
^
Straus
■
.
1,322,971
covering. 150,000 shares^ ($1 par) common'stock.
Underwriter/
& Blosser, Chicago.
The stock will be. offered at. $7 a.share.'
SEC
stockholders
the
at
948.
p.
942,537
Ero Manufacturing Co., Chicago—Registers. With SEC
The company on Sept. 30 filed
a
registration statement with the
approved the proposal of the company to dis¬
90,000 shares of common of East:
30
common
-
$11,325,732 $13,392,377 '
2.274,878 Y 1,793,981
4,209,782-"
000,000—The corporation, it was announced Sept. 25, has
$4,000,000 on its subordinated notes from the [
The order for liquidation of
approved a plan under which
Del.
had
Sept.
on
its
to
Wilmington,
after the SEC
will be affected.
dissolution
the
at
came
shipment? for/he same period of last year, he said. The backlog
orders on July 24 was approximately $5,000,000 and the
for the company's products continues at a high level.':/■/
Fort Pitt Brewing Co.—5% Stock Distribution—
1944
.
.
$12,185,056
2,632,289
income—
this '-'fiscal
aggregated5
a dividend,
with 25 cent»-
declared
.
unfilled
to
borrowed
the company was authorized Sept. 30 by U. S.
of
Leahy
company
" r; >
* " "1945,
v
that /dividends
demand
^
1—
*1)011611.—V.
.
£udge
of
.
East Coast Public Service Co.—Dissolution—
the
over
.
,
1
/
1946
.
$12,8'22,669
railway..
from
Net
.
trl
-
^
1947
,
railway
from"railway—__
Net
2134.
p.
bonds,,;due '1965^.have
been called for redemption on Dec. 1, 1947, at 103'A and interest.
Payment will be made at the Mellon National Bank & Trust Co.,^
(trustee,
Union Trust Building,' Pittsburgh,'.Pa.y-or
at;. The Chase'
National Bank»of the City of New York, n Broad St., New York, N. Y.
Holders may at any time present said'bonds for payment and re¬
demption at the full redemption price including interest to Dec. 1,
1947.—V. 166, p. 1253.
*
>
1
1
the
.5,710,453
Employees Corp., below.
,
from
From Jan.
SEC
the
President,, stated
10 cents a/share on the common stock,-compared
paid previously.
*
~
•'*>
Shipments for the eight months' period were approximately 55%-*
.
Gross
Duquesne Light Co.—Calls 334 % Bonds—^
All- of
5,628,989
354,645—2,269,131
2,076,856.
.
--Jv
-
•
RR.—Earnings—'■
August—
265,299
30,907 //
Net
selling stockholders.-—V.
to
2,481,191
3,684,588
Barr,
July. 24 .on both the preferred and "common stock
The directors of■ the company recently declared
of
/
S2.500 shares of common stock (par 10c) to be offered at $4,375 per'
through Buckley Brothers, Philadelphia, -as underwriters.
Pro¬
go
249,073
'
A.
to
$144,972.
22,907,446"'
22,781,-399
W.
;
year
649,650
// The working capital of the
Uhare
ceeds will
•
$2,879,536
•
*97,432
16,341,285.
9,326,255
income...
Net ry; oper.
29
462,154.
1944
.
67,519,
■
railway
Sept.
'
■
ra41way_—...
oper.
See Railroad
::
Dumont Electric Corp., N. Y.—Files With SEC—
On
840,641.
25,153,049'
m
$2,087,562
Employees Credit Corp.—New Name, Etc.—
*21,368^/; •/ 2,743
/:/; ♦Deficit.—V. 166, p. 853.
1
1,117,945
»DefIcit.—V, 166, p. 948.,
Y
1945
.
$2,702,817
1—
|
railway.—«
oper.
from
1946
■
/////%/*////';/:/* /£..; \/::.v// /' //''#/■'/
,
railway——
oper.
1946
/
$236,900
22,223
1947
$295,300
'
ry.
railway.—__
From Jan.
Gross
Duluth Winnipeg & Pacific Ry.—Earnings-
'
from
Net
■
•—VT 166, p. 948.
1947
$3,154,060
Gross
an
155,
p.
cit),
(Calif.)—Exch. Offer—
offer
to
acquire
the
.
.
.
Gardner-Denver Co.—Increases Common Dividend— /
outstand¬
ing stock of tile Fireman's Fund Indemnity Co. on a share-for-share
basis, with an alternative cash offer to stockholders holding ten shares
or
less of record Sept. 25, 1947.—V. 158, p. 7.
• ■
$7,072;
total,
824.
•
A
'
the
quarterly dividend of 35 cents per share has been declared on
stock, payable Oct. 20 to holders of record Oct. 7.
Pre^
common
viously,
the
company
paid
25
cents
per
share
each
quarter.
Volume 166
THE COMMERCIAL &
Number 4635
New Chairman arid Director Elected—
•
*
1
v
Myers has been 'elected .Chairman of the board to fill (the
vacancy created by the death'of W, H. Leonard, Arthur E. Johnson
3ha6 been named a director.- t
'"/■// /,'• \Z- /•
v;"■
\
Opens New Branch Offices—
:.
;;v.y ;/ •: •■;;/ ■,;//
z-
.■'•.•
y
^
and
employes
officers.! The name
■
was
changed
Sales
style was not representative of the company's manufacturing
merchandising scope, it was stated.—V. 166, p. 1051.
The
company
announces
that rapidly
increasing demand
for
■Gardner-Denver products has necessitated the opening of three new
branch offices, to be located in New Orleans, Cleveland and Kansas
City.
These new sales and service offices will bring the total to 29
domestic branch offices.. '
and allowances)-,
$4,312,122
2,898,890
).
Earnings
.
Cleveland—Split-Up Approved—
GI id den Co.,
Other
Oct. 2 voted to
increase i the
authorized
common
stock from
1,200,000 shares To
.'///•'
:
v/
'
'
•3,000,000 Shares, to- effect a split-up of the common stock on a
The new branch office in New Orleans was opened on Sept. 1 and
ttoo-for-oiie basis to become effective Oct. 24, the record date.
J
the hew Cleveland .office .on Oct. 1.; It is planned to open the Kansas
'•/■■v The stockholders also approved a proposal to change1 the voting
City office on Oct. is. /
/ J. ^
" /,/},/'''//;?•/■<'•
"•// / •
power of the common stock,
so that convertible preferred stock,
l,u These new branch offices: will sell and service the company's line
/ if and when entitled to voting rights, will have the same proporof
rock
drills, pumps,1; compressors., mine car loaders, hoists and
i' tiopate voting power after as well as before split-up of common;
drilling engines.—-V. 166, p. 406.
stock.—V.
''
://,;/'; //.//•'-///>: ,■'■■>.7/
166, p. 1150.
/•..
;
•/'
The
stockholders
,
at
a
special
held
meeting
on
.vv.- Y,
6 Months-Ended June 30—•
:j
Other
/ /./„/V„
*
Dividends
-Surplus.
income
charges
JProv. for United States and Canada inc
.51,891
the
38,665
/ 158,017
Net -income
/
pividendS paid/
Common .shares
parnlngs
outslaftding™™/.—.™////
209,256'
418,500
-
share^
have
been
distributed.
The Commission said these
/"ire worthless and the possibility of future trading in the
appears, remote,!'
~
SEC added/ '.'We...think. it. clear, that whenever a registration
—V—r-r*"
"/
the .status
.
$0.66
CONSOLIDATED BALANCE SHEET, JUNE 30, 1947 );p :'}p /|\
S.
$479,958
$292,314
—
of the securities then is."
company's registration covered
The
convertible
cumulative
preferred
hand
on
receivable
(net
•
■' ■' <
/
,
V
deposits in banks, $405,803;
reserve); $1,212,988; inventories*
demand
and
of
JUNE 14, 1947
$30,500
salaries and
LIABILITIES—Accounts payable, $335,331; accruals for
.
$125,000;
for.contingencies, $380,600; common stock ($5 par), $2,000,000;
capital surplusii $1,305,477; earned surplus, $1,003,869; total, $5,816,975;
$236,570; reserve for workmen's compensation self-insurance,
rcserve
Y/.
150,000 shares ($10 par) 5 Vs%)
which was sold to the public in
r-V. 165, pp. 2414, 3284,
notes series C—at cost, /-/ March and April, 1946.^-V. 165, p. 3394.;: '•
*30,000; dominion' of Canada bonds, due prior to June 30, 1948—
at cost
(quoted market value, $25,063), $25,000; accounts receivable
(B. F.) Goodrich Co.—^Tube Sales Twice Prewar—
jfless reserve for, doubtful accounts, $119,527), $1,116,986; expense Wv Sale ,• and • production~ records for automatic self-puncture-sealing
advances, $4,883; inventories <at lower cf cost or market), $3,959,372; ■. inner tubes
confirm the impression of a continuing postwar demand
|nvestments, $94,198;v estimated ipostwar refund' of Canada excels
!''/"for;premium merchandise, .according- to company figures.
profits taxes, $23,969" plant property (at cost), (less reserves for de¬
/ I
During the fiifst half of this year the company sold more than
preciation, .$4,401,210), $4,310,089;. patents and trade-marks, $!; !de¬ v twice *as
many of its self-Sealing tubes as were moved in any 12ferred charges, $288,929; total, $12,581,857.
month period before thfe war, the (figures reveal.
Production is atill
i -YLIABILITIES—Notes payable to banks, due • prior to June 30, 1948,
far short of demand, although it. is more than double the prewar
$186,729; accounts payable, $250,916; U, S. and Canada income taxes,
rate, .tlie company reported.—V. 166, p. 1150.
$755,736; accrued salaries and waget, commissions, etc., $387,426; ac¬
crued miscellaneous taxes, $218,621 ;/ootes payable to banks, $2,313/271;
r
Gorham Manufacturing Co,-^-$2.50 Dividend-—
■
reserve1 for contingencies, $115,000;1 common stock- <$1 -par) , -$418,500;
p A dividend of $2/50 per share has been declared on the <eemmon
fapital surplus, $856,986," earned surplus, $7,078*71; total, $12,581,357.
■I stock, payable Dec, 15 to holders of record Dee. 1. Previous payments
r-V. 163, p. 2156,
U,
$929,958
150,000
300,000
50,000
200,000
wages, $144,808; accrued taxes, not including taxes on income, $86,221;,
dividend payable,* $200,000; State and Federal taxes on income (net),
,
omissions,
418,500 )
,
£ Py Y"
Y ASSETS—Cash,-*$2,728,430;
$542,314
,
$2,352,371; sundry accounts and notes receivable, $40,360; cash surren¬
der value of. life insurance on executive employees, < $103,983; fixed!
assets (less reserve for depreciation of $1,852,368), $1,659,365; prepaid
Insurance and expenses, $42,105; total, $5,816,975.
<
■
«
statement/ contains / materially false . or misleading statements or
-we 'have thb power to issue a stop order no matter what
209,250
Y*
-
per. common
375,000
preferential participating stockcommon stock/V----./-----—-----
ASSETS—Cash
securities
/, The
$279,849
$746,916
$1,639,958
105,000
605,000
65,000
•»
.
>—
accounts
securities
securities
t
«•»
BALANCE SHEET,
-
460,575
taxes
"4,T" -e •—
''
-
$1,259,383
—...™
—*
.
\
1946
1
<
.
on
1946 Y
$1, 233,28f;
26,096
Income credits
taxes-
on
Dividends
VS. The SEC in -its findings and opinion Sept. 25 found the .stock
$449,282 V registration-' of; 'the corporation contained "materially false and mis¬
pleading'statements; and .omissions."' The SEC Issued a stop order
27,248
suspending/the effectiveness of the registration statement.
:
However/ ..the company has already been declared bankrupt and
$476,531
1947
$982,314
earnings
income
'Year
$1,549,477
90,483
,
29,177
-Net earnings
i,
,
Corp.—SEC Declares Stock Worthless
Globe Aircraft
.;
{& Subs.)—Earnings—
.
Gross income
I
Total
i
$953,136
Federal income taxes
v i/.r//
j»v /•-
i
(The) Garlock Packing Co.
;
$7,938,743
5,353,161
1,036,104
460,096
operations—.
from
income
State
«■
I
-
.
(les3 discounts/returns
Manufacturing cost of sales———
■
Selling, general ;and: administrative expenses—
the former
and
because
Jan, 1, '47
'
to June 14,'47
-■
Period—
1
cempany
p-YM
.
The. stockholders
: v
G.
(1355)
Hamilton Mfg. Co., Two Rivers, Wis.—Earnings—
Gerity-Michigan Die Casting Co.-—Changes Name-—
on Sept. 23 voted to change the name of ..this
to Gerity-Michigan Corp., to hold annual meetings in'Adrian,
Mich., instead of Detroit, and approved a stock bonus plan for salaried
,
.
FINANCIAL CHEONICLE
.
treasury
Havana
Lithographing Co.—^New Director—
:
>
•
Fred
elected
J.
.
President
Young,
director.-
a
-V.
of
F.
J.
Young
165, p. 2671.
•
Co.
&
,//;-■
Inc., has been
>; ■' "A'/
•
;
/ft
YP< PY
This- corporation began .production last, week
—Wi65, p."
v
-
automatic'
phonograph record changer which-will be sold to set manufacturers for
substantially less than the current model-which it surpasses in effi¬
ciency and durability, it is announced by Richard E. Laux, Executive
-
on-
Elizabeth; JM. J., plants—-V* -166, • pi/759.
3,977
598,893
62,735
496,813
5,705
9,524
Net -oper.
1
Non-oper.
10,087
113,508
117,600
$7,191
2,841
$93,155
30,083
$10,032
$123,238
2,917
35,000
Cr31
339
i
(net)
3,120
.
Balance.'
Retire,
1
accruals
reserve
Interest
$10,586
2,917
'/
3
charges
1
amounted
to
profits
i
759.
p.
-
from
sales
140,158,609
kwh.,
an
increase
of
v
194S /
1946" '•/
ppMil'p-' /="-.
income —f$7,666 "
Earned smplus—beginning of period
:
■
1,740,757
35,898 Y
38,272
;
/
■$683,118
profit
/. .The directors {on Sept.
14,255,127
|
Prov. -for
Exch." loss" cm-profi '
Net
payment of the dividend just, declared, arrearages
to $61.50 per share, it was stated.—V. 166,
p. 566.
^rlcKt-erf^y.it June 30/41 June 30/47
Total
''
will
37,325
i
s
Y Net
9,111,843
oper.
Total
4ncome/^i
$992,495
June 30/46
274,329
1,754
June
deductions,^/
misc.
63,253
1
"r Net earnings-^,—*
$2,465,062 ^$3,111,779
129,068 >
/
.$92^,242
$2,335,993
626,943
,1,222,150
Int., etc., deductions-// //
income™
Earns,
*-V.
per
166,
$302,299
share-
com.
p.
$1,113,842
$0.31
:
$1*8
v
market.—V.
-Week.End.»Sept» 21-
*
revs,
'
1947
(appiox.)/
la47
$38,650
-
,^^ie6^tp/,i254/ii//;;-''.:iA,v/:Y/
from
Net
ry.
/
$1,752,653
from
.
on
long>-term
debt
295,973
,jCr9,717
Y'? ..-Net incqme/Ci/-//-/-"// $532,343
Dividends
pfd. stock
on
1947-^-12 Mos.—1946
>
•
—__
$498,659
^6,940,751
.-223,005
2,676,064
$275,653
$4,264,687
■
$309,337 V
'*^.1^/.^
/.AArria
from
Frorir
railway_^//_-Y ,V/ .45,375
Jan?-I—-PY"'■"'/?/-:''/.'/'
'
4
$557,583'
.196,709
56,606
' /*;* :'•(••'/v,
,
*
86,066
22,445
.
*29,521
Grqss Ji'om (railawA// )/4,069,690
Net/from railway,^-__/
' 912,507: '
Net ry. oper. income/^/ vi / - 251,894 ,
1 "Defipit^V. 166, p. .949.
"/
//
A
*P
1944 J/»,
.
IJet ry. oper. income™
r-
$4,034,619
p, ppP A
Georgia Southern & Florida Ry.--Earnings
/ PPPlpYlMTpY-*
1946
/
1945 V
Gross -frpm- railway_///' -; : $461,141/ $458,'608 / $565,868
Net
2,676,064 /
Sninfhern
August—'
3,732,308
/ 659,916
4185,984
185,025.
Registers with SEC-^
$4,069,000
804,063
425,065
income—.
166, p. 855.
on
Sept.
40,949
29
sliares
4,502,516-
,-l,7€2,415
,539,639
1,671,111*
"/ 469,620-
//// '
registration
common
directors
The
-/;
with
name
the
of
the/underwrittx ,.will :be . filed by .amendment./The shares^, are being
Gerity; Jjr-» -company President.—"V. 166.
P. 1051.
'
'■
-.■**'■'
/ '
sold for the account of James
.
production! of
5,365,929
3,439.119
.
Capacity—-
>
is
of
common
on-
■
New Stock—
37% cents per share has been declared on the
stock, payable Nov. 15 to holders of record Oct. 25.
equivalent
to
$1.12 Vz
share
per
on
the
increased oommon
stock
23.711,000.
21,839,000/ 24,806,000
118,424
5,093,434
*1,782,036
3,204,030
outstanding following the issuance on Sept.
tional .shares for each share held. A'///''yjA'AA'1
'
Prior to thev stock distribution, the company paid
18
two' adcli-.
of
•/■
■'/:
regular quarterly,
dividends of 75 cents per share, and, in addition, an extra of $1 was
paid on Aug. 15.—V. 166, p. 1255.
t
(R.) Hoe & Co., Inc.—New Treasurer-
on
Sept.
19 declared
a
.on
/
,
John
the
Kingan has been elected' Treasurer to fill the vacancy'
resignation of T. S. Chadeayne.
./"i///-;/./■//•
:
joined Hoe in 1929, and was named Assistant Treasurer'
R.
caused by the
/
Mr. Kingan
-
;
1942.—-V.
in
dividend of $2.50 per share on
have hot; been , Exchanged-for; $5/pre?fprred/'stock /certificates, and commdn stock certificates of Gulf,;
Mobile & Ohio RR Co. pursuant to the agreement of consolidation. Y
Stockholders who/have not exchanged their certificates should: do so
ht once through Kuhn, Loeb & Co., transfer agent, 52 William. St.,New York
5, N/Y., in order to obtain payment of dividends accumu¬
lated In 'respect thereof in the amount of $25 on each' preferred share/
Mobije
■;Pv.
.
166, p. 371.
^
Northern. RR.
&
Co.
'i66,:p.^pix:.:rp;ppp, .,;Yp:Yr P*
c-
Illinois Central RR.—Reduces Indebtedness—
t
'■/'/The
and
company
of
$159,000
has acquired an additional $1,696,000 of system bonds*
leased line stock, viz.; $796,000 4s of 1953; $455,000:
$348,000 Illinois Central-Cairo Bridge 4s of 1950; and"
$97,00.0 Illinois Central-Omaha division first 3s of 1951.
The bonds'
•
4s
of
1952;
were purchased at a cost of $1,720,459 and the stock at a cost of $154,-*
541, according to a report filed with the Securities and ExchangeCommission.
' '
'
/<.>■;• ////;pPppPP
and Bonds—
;
A
Period End. Aug. 31—
Gulf States Utilities Co.—Asks Authority to Issue Note
'
,
[
1.
-
>;'pip
*
.
—/'.'P' f '■'!*;
.194*7/ expected "to require the'expenditure of approximately
$9,000,000. It was proposed that the secured -note-be issued to the
Irving Trflst Co.," New York.—V. 166, p. 1051.
' :
;//'/
program: -for
/
Harry Gillett, President, on Oct. 1 announced .the • -acquisition by,
ihis corporation of a: third die casting plant at 4358/Roosevelt Road,
Chicago,
The
111. /:•;/-v".,//;-//'-.'://f.-'■■//
piaht, having a complete engineering
/v
/■.•
//-/;.//'/
.
-
•
Net
ry.
oper.
Other
income,
Misc.
deductions
7
•
Income
Fixed
available
=
2,104,425
127,216.
//-;;■ 6,616
1,854,495
128,176
3,483
17,062,084
10.0*8.170'
1,009,245
1,044,360
:// 33,983
1,979,188
18,004,651
7,216,534
11,063,547
954,813
/ 1,024,375
10,788,117
3,422,283
:
:
66,678
for
charges
charges
Net income
-rV. 166, p. 856.//
.
.
income-
2,225,025
894,972
.
...
1,330,053
j
/
7,641,264
_
"new
designj arid .manufacture of die', casting dies to the finished
proaluminum; zihe,-magnesium'and brass "castings. Operations^
will be conducted by a wholly/ owned subsidiary, the HarVill* Mid-West
Corp.
/"v/ /-^/; /•■'._/
/•• / /.'/■/;
"The Chicago:subsidiary, in-addition to' the Fall River, Mass., and.
the * Los
Angeles,. Calif.,
plants
will
make possible,"
Mr.- Gillett
pointed out, ."the .elimination of excessive freight-charges or-".die!
duplication,; costs for.', manufacturers distributing>• products -nationally;";
ductlorf of
,
~V.
$f':
'='•'$
revenues
oper.
fixed
•
!
/
Railway oper,. expenses-
company
.
1947—Month—1946
•
vr/'-'',8'- 'r*'P
20,141,195
18,785,293 157,648,157 1"»5.«70.056
15,269,846 14,615,984 118,322,706 110,836,766
Railway tax accruals.. • 2,570,265 ; 2,105,702 19,959,603 13,356,611/
Equip. & joint facility /://<//
/;/ .'/h.
1 '■/ /,.'"
'
. .-..7
.rents (net Br).
ic>,/ .196,659
209,112 : 2,303,764
1,618,569'
Railway
has applied to the FPC for authority to negotiate a ..
bank hate: for $1,000,006 and/to issue $1,000,000 of 1976 series bonds
for, the puriwse of securing ' the note. / The secured note would hearinterest ab-the rate •of' lVa'^ ' per aimum.- The net amount realized as •
a result of the transaction, would be $994,350, -the application stated,^
which would'be usSd to .helfr Sarry forward the bompany's construction'
The
7/
1947—8 Mos.—1946
EARNINGS FOR AUGUST AND FIRST EIGHT MONTHS
;
"
/
the;,
-
statement
stock.
dividend
increased
417,754
department, repre-*
sents a -$750,000 = investment by- the parent company.
This unit will
be self-contained, arid equipped* to handle the complete process from
Pp.p
a
A
Z
586,643
(The) Harvill Corp.—Acquires Another Plant—
4,553,068'
/
filed
($1: par)
that
Hershey Chocolate Corp.—37 %-Cent
,
$2,915,000;
This
29,621,000.
5,935,133
2,704,241-
.
? The * company:
-r-
which
$14,000,000, he said.—V. 166, p. 1254.
64,936
Gerity-Michigaii Corp.—Name Adopted-—1
^ee Gerity-Michigan Die Casting Co. below.- ; / !' .. •
SEC. covering
18,
ending - Sept. 30 will show the largest volume of billings and the
largest earnings in years.
Present back-log of unfilled orders amounts
preferred stock without par value, payable on Oct. 21, 1947, to
of. record Oct. 1, 1947.
Payment of this dividend will be
withheld in cases where certificates for 6% preferred stock of Gulf,
/.<" '■/: .•'
" ■//
Sept.
on
/ This corporation and its principal subsidiary, American Engineering;
Corp., are operating at capacity, according to R. W. Clark, President;
who added that Hayes' consolidated annual report for the fiscal year
Gulf Mobile & Ohio RR.—-Interest, etc.—
The
*
/
;
holders
$6,710,683;
•
reached
the $5
,
223,005
v.
A'-Balahce/'YiLi———
./:/ Balance
.
■
was
Ilayes Manufacturing Corp.—Operations at
.
,
1944
1946
/
1945
$3,177,000
$3,089,000
193.770'
502,336
f 157,628 - / 350,324
1947
be paid on April 1, next year.
Payments to be made are
series A'5s of 2014 dnd 4^ on'the series B 4s "of 2044.
■
$785,767 $10,413,039 $10,320,509.297,902
3,553,105 "3,586,316
Gr9,717
Cr 116,608
Crll6,608
Crl,077
35.790
; 140,118,:
»/-;-// :;,//;;<7r4*15'
railway
Hawaii—*
-
,
The compgny on Sept. 25 notified holders of its general mortgage/
income bonds, series A. and B, that the annual interest for 1947 would
•/,/'/; ,7"' /
Other deductions
income—;
railway
Ltd.,
v-;
J946
■'
■
:
Amcrt. of prem: on debt /
oper.
from
""Deficit.—V.
-
'$813,784
.railway-,-—
railway
Net rv,. oper;
..
Gross revenue
$'4,774,380 $4,392,618-$56,353,386 $51,228,326
Operating expenses i// ^/ 2,661,004'
2,375,437
29*34,860
25,033,343
frov. for depreciation— / • ■ 475,000
426,750
5,507*00 / 5,026*00- /
Amortization
of
plant r/Y ■';/ ?"/;•/
it acquisition adjstments *
150,000
2,135*03
/ 165,500 11,955,000
General • taxes
4,421,452
3,771,544
federal income (fe excess
674,592
7639,164
,i profits taxes
4,222,035
4,041,727 /
income
•
Calif.—Files with SEC—
A;Fr0m;jan^l3'A/,/§/;/Z^^
>
-
Int.;
from
Gross
$2,524,194
'A$2.56
$1,864,487
Georgia Powpr Co.—Earnings— ;
"
I Period End; Aug. 3t-f;'
1947-/-Month—1946
Gross
•
1254.:
.
for consolidation
agreement
Sugar Co.,
*
.
r-Jan. 1, to Sept. 21—
1946
$40,700
.
Grand Trunk Western RRr—Earnings—
Gross
•
Period—
166, p.
.August—
1050.
'
.;
and taxes,-hut
<
/
to
2,339,704
Georgia & Florida RR.—Operating Revenues—
-
$665,655
1948.
It is proposed that the new com¬
Sugaf Co., Xitd.
/./
.Y", ;/','i.J
the two companies during 194T
will be about 116,000 tons.
In the peak year of the last decade, 1937/
the two companies produced about 125,000 tons."
The proposed new company would have only one class of stock—
common capital—which would he issued to stockholders of the present
companies in exchange for the shares now held "on such basis oT
comparative value as may be later determined by majority vote of the
board of directors of each constituent corporation."—V, 147, p, 1929,
Vice-President land Treasurer of
Assistant Treasurer - of Willys-Overland
was
An
It is estimated
■
Sept. 24 a letter of notification was filed with the SEC for
5,000 shares i$l par) common stock, on behalf of Charles R. Goff,
President.
The stock
is
to be sold
through registered -dealers at
Net
Oper.
i He
$674,930
surplus—end of period
$741,822
76,167
pany be named the Maui
.
.
Y On
$4,863,899
$1,868,262
$1,91
$1.13
/;
2,904
$227,724
$1.05
Barton -has^ been eleeted
E-
»
become effective by March 81,
Grand Stores Co., San Diego,
Net
// Net
275,591
$276,508
$i.99
corporation,
4
78,624
.
would merge this company, and the Maul, Agricultural Co., Ltd.
The
plan pf consolidation was approved/on Sept. 18 by the board of direc¬
tors' of each' company, and needs only ratification by stockholders to;,
:
30/47¥Z.
204,909-
$3,022,472
1,142.209
c
26,830
:///■;■/T21:;1
$430,548
$5,068,808
89,307
:
■
175,947
.
'■*"
per share.
.Alfred
15,68^26 Y35,940^8?
18,189,194
?
392
v
$95,636
646,186
665,855
/.
declared
Hawaiian Commercial &
Merger— ,//'/. v
■■
•- ■'
$533,049
excess
Of foreign subs.
Motors, Inc.—V. 166, p. 655.
revenues.// $10,104,339 $20,654,256 $18,795,405 $41,009,191
oper.
exps.
and
-v :''v- /-v.:.'-,r Y
•'-•
Total
.
27,270
V
Graham-Paige Motors Corp.—New Vice-President—
;
oper.
Praxes
.
/,
and
profit
Earned
a
.
XA
35,000
'/
$753,554
Earned
'Z'A/C'7 /'rA t£,/
this
.
Fed.- income.
.'.'.".profits-taxes-w-'-/---------------
^General Telephone Corp. (& Subs.)—Earnings— ■* ' *'
f:!/' V
3Mos.End.H:
6Mos",End.
12Mos.End.,
■
liiJi/Z
Depreciation
•
kwh.,
'.PoHowihg
-
$479)978
/
26,802
dividend of $1.50 per share26. declared
account of a.ccumulations On the preferred stock, payable Nbv. J4
/ /Uicluding. discdunts on sales, provision for bad debt
to*, holders of • reeord .Nov. 6,
A similar distribution Was made in)-, ridt including Federal income taxes.—V. 166, p. 371.
preceding^uarters;
e
1 y <!x-\v-: "-Y'Vf
amount
$131,028
$87,899
$7,146"
"'
u
Dividends
32,261
46,129
$733,902
■
,,
17,449'
.'
6495,723
$433,849
50,784.
credits
Total
.1
$1,788,767
1,260,782
$1,805,251
1,335,504
$2,462,147
';'//'///-//.r.__-_-.^>/_—/;/
Operating
Income
-
l946/~^;vJ66;.-p:/T253V'YY>S^':i'
| •Y> <•// "-t'jf Prfi.y- Vv Y:Y';v y/Y "/Y
.Yp'^pppppji
V General Steel Castings Corp.^ -$X.b0 ■ Dividend— /
'P
■
$113,579
:
before
/"Selling, advertis. fend admin, exps._ /
Social Security and old-age benefit
p:'./■* V-/ **
pr 11.3'A, oyer the corresponding yeek pi
-
.
,
Net
■,
.
J947,
;
37,881'
/tZ//
,
V'
C«. (& Sub®.)—Earnings—
Nine Months Ended Aug. 31—
Gross
General Public Utilities .Carp*—-Weekly Output— ■ ■'/».
The electric output- of this company for the week efided Sept. 26?
*
/-
revenues-/-. •/./,. $7,467 i
income
t
■
VYP;
/. depreciation.
Gorp.^Consolidati6n4Approved--i/;
pee lima locomotive Works, Inc., below.—V, 166,
GQssard^&
-<Hi W.)
'.-'insurance
P General Machinery
$765*73
$64,247
42,992
V
new
a
Tice-President. ■/!/;expects to reach full production before the end of
vZ:y//'/''/'Yp-PrYY^x////; PYl-;vy///
The corporation
; the year^at its
24i3/;g^\^/VV?% V
$868,290
48,622
Taxes
thii year were: Jan. 15, $2; March 15, 75 cents; June 16, $17
Sept. 15, $1.50.
In 1946, dividends paid totaled $6.25 per share,
and
\*.
1947—12 Mos.—1946
$71,317
revenues
Operation
Maintenance
made
.General Instrument Corp.-f-New;Record Chanjger—
1947—Month—1946
Period End, July 31
Operating
.
■
Haverhill Gas Light Co.—Earnings
•
.
165,
p.
2277.
-r
>
Illinois Terminal RR.—Earnings—
*. From Jan.
Gross
Net
from
railway.*.—
from -railway
166,
p.
$869,210
273.528
102,499
6,041,936
7.801,108
7.733,591:
3,189,322
3,510,118
922,285
•
.
495,812'
127,230
I—
Net .ry. joper* income—-
—V..
1944
$1,638,306
$887,362
254,877
108,314
$1,041,341
368,695
172,421
railway.™
Net from railway
Net ry. oper. income//*.
from
1945
* 1946
1947
August—
Gross
856.
•
7,839,543
2,457,042
-1,122,529 -
-
1,317,779
505,826
-
•
-934,523
t"
THE COMMERCIAL ft FINANCIAL CHRONICLE
(1356)
Indiana Harbor Belt
Iowa Southern Utilities Co. of
\
RR.-^Earnings—.i
•
Period End. Aug. 31—
1947—Month—1946
1947—8 Mos.—1946
By) oper. -revenues*..™
$1,729,258
$1,502,342 $13,688,945 $10,498,630
By. oper. expenses**-/**. ' • 1,396,576 * 1,374,924 " 11,250,021
10,526,937
By. tax Accruals—*.
846,450
672,122
69,494
84,474
Equip. & jt/ fa&U rents
87,327
103,948.
1,283,153
1,208,917.
12
Operating
Income
expenses
and
:
revenues-^-—
operating
maintenances
profits taxes_!*™i*_!"_*-i,.
&
'The
Net
•
3ry.)
income.
$175,861
*™****
4,489
oper.,
Other, income
,
435,125
694,139
520,000
640,900
496,000
LZZ-**//.-;-*!*;;--,
$1,089,665
$309,321 *$1,909,346
42,666
27,599
*$61,004
5,223
Total income
$180,710
__*_-*__
Misc.. deductions '/_:_*:**
Total fixed charges.*.*
i
$351,987 *$1,881,747
27,237
.27,134
331,552
.* 333,918-
*$55,781
2,332
3,765
.41,417
41,639
..
.
operating earnings.!,
~L Net
Z*ZZ1.U
earnings
Interest
on
L.
450,297
120,771
$1,066,760
476,673
"
.
134,210
*$6,802 *$2,242,799
•$101,185
$136,961
directors
,
$l,li9,740
bonds.___.__;
;*****__*__ /"
discount and expense, etc. ,*
Net
•Deficit,—V. 166, Pi 1052.
income
-V.
166,
$548,671
$455,877
•
1052.
p.
time-of the acquisition
by the-present, owners the board of
reconstituted and now consists of the following: Artemus
Chairman! Lee Thompson Smith, Presiderit; John L. Allee,
Thomas D. Austin, Arthur A. Ballaritine, Herman Berriiker, James G.
Blaine, R. - Frank. Brooks, : Bjenjamin J. Buttenwieser," Silas' S. Clark,
Hunter L. Delatour, Arthur O, Dietz, Stanley B.
Ecker, Irving M.
Engel; William N. Enstrom,; Walter • Wv Friend) Edward S. Greenbauiri,
Clarence G. Michalis,
Charlesv F. Noyes, Lee M: GNeil,- Lv -Ward
Prince, William H. [ Quinlan. John J; Redfield, John 1. Snyder, Jr., and
Donald. C. Swatland.—V. 164, p. 2410.
'
; ■'' >
' 1
$1,030,335
36,425
30,075
*
Amortization of debt
Net income
the
At
Net
Other income—
*
directors of this corporation,; control; of which was "purchasedl
Aug, lr 1946,>by, C.. I.%T. Finaiicial .Corp,,: and -Kuhn! LoCb & Co:,
recently declared a dividend of $1.25 per share on the,common' stock,
payable Sept. 26, 1947, to the stockholders of record, on the same' date.
This
is the first dividend or the common: stock- issue" since *'the
acquisition of the corporation by 4he new owners;,.
on
530,550
Other- taxes
excess
Monday^ 0ctober 6,1947
-
Lawyers Title Corp. of New York—Pays $1.25 Div.?-
-1946
1947
$6,005,744' $5,540,916
3,266,814 •" 2,843,123
provision lor retirementsw_:-___"__-___™__.:__
.
V
DeL—Earnings—
Months Ended Aug. 311-
Total
'
was
pates,
.
International Business Machine Corp.--Promotions—
(The) Johnston Mutual Fund Inc.—Dividend No. 2—
"J.
G./ Phillips,
Vice-President arid Treasurer,
has been elected
Executive Vice-President. Thomas J. Watson,. Jr., Vice-President and
a
director of the corporation, has been elected to the executive and
finance
committee; A. L. Williams, Controller, as Treasurer;
Hansford, Assistant Controller, as Controller; and Bernard
T.
general Auditor, becomes Assistant Controller.—V, 166,
;
Herbert
Wiegard,
p. 950.
directors
The
have
Kansas City Power & Light
approved
include
of
additional
timberlarids.
.
H.
W, Lay Distributing' Co.; which' was a1 wholesale food distributing
business operated as an unincorporated proprietorship and owned by
W.
Lay."
It also acquired at this time substantially all of the
assets of the Barrett Food Products Co. Inc. of Georgia- and Ten-
1946
H;
Operating
income
$5,903,581
.*__*
Other income (nct)_.
nessee *
$5,353,124
135,040 \
113,304
Gross
income
Income
.•'/'/'
$6,016,885
deductions
$5,488,164
1,658,214
2,272,425
.
income
Net
$3,744,460
,
$3,829,950
.
Kansas Oklahoma & Gulf
Ry.—Earnings-
NOTE-ip-For /mechanical treasons it is not always
possible to arrange companies in exact alphabetical
orders
However*. they are always as near alphabetical '■
position as possible.
\XX//^r ^X::> j:"-■.v--•
■//■ '
'■
Railway,
Net
oper,
*
revenues!-
from
revenue
Income, avail,
$1,049,057
—V.
^ $831,411
$7,303,649
$9,012,068
.
308,385 ;f j
*„
for
Gross
Net
from
Net
ry.
1947 »
-
railway
railway.
from
income!-*
oper.
...
From Jan. J—
Gross from railway
,
Net
from
Net
/'1S45
$313,446 V
146,118
58,820
:
115,753
$385,453
190,968
75,817
.
52,702
1944
1
T
$345,294
-
175,545
.
78,928
v
"
1
Hi
3,160,275
3,294,180 4.2,461,404
railway
1,538,883
701,375
oper. income—
166, p. 950.
; ;
•*
' 3,117,014
2,729,347
187,548
1,870,334
2,080,297
1,574,215
166, p. 950.
■
.
:^
Corp*«l--New
•
...
International Telephone & Telegraph
*
pointment— ■ ■/';%Z/;''./'
William
Hatton,
Ap¬
'//-/Zf
;■
leading engineer in the field of international
telephone communications, has.«been appointed as Director of Manu¬
facture of this- corporation and its
world-wide manufacturing and
sales affiliate, the International Standard Electric
Corp.
In his new post, Mr.
Hatton, who has been associated with I. T. 8c T.
&nd its affiliated companies1 since 1919, assumes, in addition to his
fwesent duties as Director of Engineering, full responsibility for the
System-wide Coordination and development of manufacturing methods.
a
1942____—
1945
on
Ex¬
^1946™
;
•
Corp.rLehman Brothers and Lazard Freres & Co.,
as dealer managers, head p
group of investment* banking firms which
is making an exchange offer under which a new) issue of 130,000
shares of-4%% cumulative preferred-stock ($100 par) is being offered
to holders (other than The Middle West Corp.) .of the company's
outstanding 6%
preferred and 7%
Junior preferred.
The under¬
writers are offering to holders of the 6% /preferred the privilege of
exchanging their shares, on or before 3 P.m., Oct. 14, 1947, for shares
of new 4%%
preferred on a share-for-share basis; one share of newpreferred will be exchanged for two shares of 7% junior preferred,;
with casii adjustments, in each case.
/
/
Z
Excluding shares owned The Middle West Corp., there are out¬
standing 76,011 shares of 6% preferred and 106,955 shares of 7%
junior preferred. Any shares of new preferred not taken in exchange
will be; offered to the public ^ at a later date and the proceeds, to¬
gether with general funds of the cqpap%ny, will be used to retire any
remaining shares of eld preferred. '_•*
.*
Upon completion of this financing;, tlw company will -have a total
funded debt of $20,225,000; the 130,0^ shares of preferred now being
offered and 1,530,000 shares of common stock ($10 par), including
400,000 additional shares which The Middle West Corp. has agreed to
-purchase :at:par/Z..y/VZZi'/;'-:!*v;/'..;'/;■'
The new preferred stock is redeemable at prices ranging from $104
per share, if redeemed prior to Sept. 1, 1952, to $101 per share if
redeemed on or aftr Sept. 1, 1962.—V. 166, p. 1052,
•//'///■;/; /,
and
a
director
of
856.
p.
the
/
,
The
Dec.
1,
1951.
at
lOO'/a
interest;
and
/ CAPITALIZATION,' GIVING 4 EFFECT TO
announces
that
semi-annual
distributions
168,036
153,336
5%
Outstanding
$39,307
244.000" she.
mortgage on company's property located at
Atlanta, Ga., is payable in monthly instalments.
173 Boulevard,
,Z
stock
$l)—
(par
pfd. stk. ($50 par)—.
pfd. stk. ($25* Par)-,-)
oonv.
5.2%- cum. cohv.
"This
N.
.
;
500,000 shs.
16,000 shs.
12,000 shs.
Common
E.
PURPOSE—The entire proceeds will
"
None
12,000 Shs.
available for the company'#
be
corporate purposes and will be used as follows:
A new plant will be built, or acquired, in or near
will house the prqposed bakery operations and the
•
Atlanta, wnlci*
functions/now
carried on in'the ^Stewart Avenue and possibly the Central Avenue
plants of the company in Atlanta, Ga<
Cost of this plant is estimatedl
to be approkimately as-follow?: Land, $30,000; building, $105,000;- rieur
bakeyy equipment,- $115,000.
UNDERWRITERS-r-The
the respective amount
-V; Z
Clement
&
Evans
A.
each
of
No.ofShs.
Co.,
&.000
——
Hancock, Blackstock 8s Co. 1,500
Johnson, Lane; Space &
' ■
-/
Co., Inc.™
1,500
Courts 8c Co..
—-1,000-
60
—V, 166. P. 1256.-:
'Zv'/., :v
witM
No. of Shs.
'.
Nashville Securities Co.—
;
Robinson-Humphrey
—
together
^-
,
,
.2,000
Inc.
Co.
/ /', -tZ/''
underwriter,
:v;
name
underwritten, follows:
Z
Z
of
102,123
108,813
PRESENT FINANCING
Authorized
Title of Class—
r' .■■■
'r!'c,
Mortgage
paya.ble_____—r-Zr-—
centq per share on the -Keystone Medium-Grade Bond Fund Series "B2"
and 24 cents per share on the Keystone Appreciation Common Stock
Fund Series "S3" have been declared, both payable Oct. 15 to share¬
holders of record Sept. 30.
On April 15, last, payments of 57. cents
on
the series "B2" shgres and of 20 cents on-the "S3" shares were
/piade,—V.;,166, p. 950.;//:// »IZ'Z./'ZZZ'- Z" '■■./,•.
■///>;
International
\
Interstate Gas & Electric Co.—Calls 6% Bonds—
due
corporation
D
$22,154
38,143
70.66T
B—Net profit;^. C—-In-i
A—Sales.
•Sfept. 1, 1946 to Aug. 2, 1947.
taxes. * D—Net after taxes.
,
|Z Keystone Custodian Funds, Inc.-r-Distributions—
;
1,000
Norris 8s Hirshberg, Inc—
Alester G. Furman Co..—
1,00(1
500*
Co., Inc.
500
Varnedoe, Chisholm & Co.,
/■'';Inc.',_!__——-
50O
Co.—.
506
J.
H.
Hilsman
Stockton
&
Broome
8s
^-f./ :-/
.-///■■//
Lee Rubber
Tire Corp.—5 % Stock Dividend— . ; • :
directors have declared «n extra dividend of . $ 1 per" share andL
usual quarterly dividend of 50* cents per share on the capital
?Z/'Kings County Lighting Co. (& Sub.) —Earnings— , //// Stock;, both payable Oct. 28 to'holders of record Oct. 15, A 5% stock
Period End. June 30— ,:
1947—6 Mos.'—1946
1947—12 Mos.—1946
distribution Was also declared, payable on or about Oct. 28 to stock-,
Total operating revs.™
$1,997,679 $1,846,778
$3,720,031 ; $3,505,775
holders of record Oct. 15, Scrip certificates will he issued in lieu oF
Operating expenses
1,313,381
2,406,220
2,046,509
1,065,178
fractional shares.
So far this year, $1.50 per share in cash has
Maintenance
144,941
117,743
297,735
234,539
'been .paid,:'/;*'■' ;/-■:• //■-" ■'■/.'
' L-ZZ
■* ■.
Depreciation ——_!_!__
237,846
120,619
115,574
248,069
in
1946; the company paid four quarterly dividends of 50 cent#
Taxes tine. est. Fed. tax)
275,532
314,245
522,501
461,393
each, and in addition, en Feb. 1 disbursed an extra of 75 cents, andf
on Dec.
10 an extra of $1, making a total of $3.75 in cash.--V.165p
Operating income
^ $143,206
$234,038
$259,729
$515,265
p. 3285,. /- - '*••/"
Z.Z v !r..'!"v -''Z-;/-:';//1 'J^'XX'
Non-oper. income (net) ^ V .-5,150:4,260
.
9,451
8,163
The -company has called for
redemption on Dec.
^outstanding first lien collateral and - refunding 6%
A,
i
,
?
* "•
;
come
The
-
31
,
1943—
:1944___
Kentucky Utilities Co. — Preferred Offered
change Basis by First Boston Group---;
>
AUG.
■'' r/v/'t'B-' /:.'//C '
$848,636v $27,642
$5,488 1,435,776 :
60,769
22,626
2,289,623
184,000
113,333
3,030.232
384,354 /
282,231
!
-3,848,227
/ 381,.704
272,891
4,585,152
354,660
186,624 Z
4,736,594 : V 252,620
j
99,284: V
A '
,
-
Mr. Hatton is Vice-President
Standard Electric Corp.—V. 166,
SALES AND EARNINGS; YEARS ENDED
; *1941-
1,005,366 '1,663,404
1,452,720
450,256
714,802 >
630,515
.
2,518,320
2,368,010
,
Z :
,
ry,
—V.
1946
;
$397,520
i
i
.
167,990
Z 229,872
——_____
•
204,799
277,471
fixed
•:.charges —!
Net income
1947—8 Mos.—1946
rail-
operations '
..way.
j
America—Earnings—
;
,,.
August—
■
1947-rMonth—1946
• /
.
.
The First" Boston
./
,
consistently used to create packages with maximum eye appeal
and product visibility.
^
■'
Potato chips, salted' peanuts/ peanut butter sandw-lches,-'sweet cookie
sandwiches; popcorn, fried pork skins, "fritos," calshew nuts/ pecans
and peanut candies are
widely 'distributed in packages which retail
for 5c and 10c.
z,1. ''
'.ZZZ'.'" Z
In addition to the above, potato chips, peanuts, "fritos" and pecans
are
available in larger packages designed for institutional, and home
use.
"Fritos" is a tasty; corn, food product.
~ .
Z,
—V, 165, p. 1193.
-
International Rys. of Central
*
are
Following the general policy of the company, the additional capacity
will be obtained not by building new mills, but • by changes in existing
Wills, which is a much more economical method.
; This
bring/ to $47,OfO,000 the total construction expenditures au¬
thorized by the company for the years 1947-1949. The 1947 program
which involved expenditures of approximately $22,000,000 in the United
States, including increased kraft paper capacity of 275 tons per day,
is progressing according to schedule.//./ /v.:
>;■/ .,X\Xsv.X ■
Q,
The company plans-to meet-the expenditures involved in both of
these programs without borrowing any money or issuing any additional
capital stock. ) ■ // ' •//.')1 /-•.':.\X>' ■///* 7;/*vv.• • />;• ■.»• „/•'•-■■1 ■ X
•On Sept.- 30 the company paid $5,000,000 on its unsecured 2% notes
Which represent the only interest bearing debt of the company. This
payment reduces the outstanding notes to a balance of $5,000,000, of
Which $434,545.45 mature Dec. 31, 1947.—V. 166, p. 950.
' ^
Period End. Aug. 31—
*
produces a wide variety of food products, all of which
attractively, packaged; in cellophane or waxed - paper/bags-and
wrapping materials.
The red, white and, blue color* Scheme, together
with the trade mark "LAY'S" and the identifying symbol "Oscar,
The company
:
pre
.
'
V
year
1947
*
a
increases, in
in Tennessee
1939.
The stockholders have authorized domestication of the
In Georgia and this will be completed before the end of the
1947.
At the time of its incorporation company acquired the
Oct. 2,
Operating revenues: _*!™1**:._:—!__!_!!*___* $24,336,955 $23,656,281
Operating expenses ____*
18,433,374
18,303,157
.
tion
HISTORY'AND* BUSINESS^Company-was incorporated
Co.—Earnings—
12 Months Ended June 30—
construction' program for 1948 and
the United States.'
kraft board capacity of the
company of approximately 900 tons per day and kraft paper capacity
of approximately
100 tons, per* day.', In addition to this increased
capacity it provides substantial expenditures to lower costs and in¬
crease -efficiencies of existing mills and also provides for the acquisi¬
will
Sept. 25 offered 12,000 shares of 5.2% cumulative con—
share);
vertible preferred stock at par ($25 per
'
company
involving the expenditure of $25,000{000 in
program
of like/amount was made on July 20, 1947!
corporation, an open-end investment company, was organized
year and is managed by the investment counsel firm of
this
Douglas T. Johnston & Co., Inc., 247 Park Ave., New York, N. Y.
Paper Co.—Plans to Spend $25,000,000
Building Program in U. S.—Pays $5,000,000 of Notes—John H. Hinman, President, on Sept. 30,
inade the following statement:
1949.
on
distribution
This
,
earlier
on
This
The directors on Sept. 25 declared a-quarterly dividend of 20 cents
share, payable Oct. 20 to stockholders of record Sept. 30., An
per
initial
International
Additional
(H. W.) Lay & Co., Inc., Atlanta, Ga.—Preferred Stork
Offered—Clement ZA; Evans & Co., Inc., and associates
l, next, .all of its
gold ' bonds, series*
Payment will be made
;
The
the
the * City- National* Bank & Trust Co. of
Chicago, successor trustee,
208 South La Salle St., Chicago,-111.—V.
124, p. 506.
*
>
___
Investors Royalty Co., Inc., Tulsa, Okla.—Retires 8%
Preferred. Stock—
All
of
the-remaining outstanding shares of $25
ferred stock
$30
iftt
■■
were
recently called for redemption
share and accrued
there were outstanding
dividend
per
Accounts
shares.
$3,678
of
of
'
-
-
pre¬
Sept. 30,
1947
share.
At last
the Original issue of
per
shares of
3,001
value
par
as
$1
„
:
■
Gross
The usual semi-annual dividend of 2 cents per share on the common
-Stock, par. $1 was also paid on Sept. 30 to holders of record Sept. 15.
A similar payment was also made on March 24.
Total paid on the
stock
common
A
announced
*
in
1946
letter to
Sums
of
cents .per share.
4
,
f
Y
•
/
.
10%
of
dends
No
to
the
owners
detailed
of
the
of
report
time.
As
of
stock.
common
For
-
period
ended
July
31,
there was a gross operating
of $138,842, lease bonuses $4,786,
1947,
$1,355, stock transfer, fees $431, The operating expense
The surplus prior to deductions for depletion, dividends
and
taxes
sale
■
of
cil and
$423,626.
was
The .company has
current expenses,
no
Net
v
•
gas
-
Net
r)
•
-r
other- than Federal
Other
>
Gros^
Total
Net
income—
*,
taxes
Z.—
(net)
Operating
accrued
i
**
576,614
686,128
367,178
-
$2,024,275
26,825
preferred "stocks—:
$2,051,100
Other
„
Balance
$86,655
$0.62
$0.45
$1,09
1947—3 Mos.—1946
$682,056
(net) *___
$247,726
66,797
$180,929
&
other
304,186
!—_*T._—
1255,
'
$1,062,527
43,266
$836,166
$115,990
$663,224
391,775
242,967;
stock
is
be
$429,545
304,129
173,265
146,911
120,613
154,604
railway,™
Net from railway™™
Net ry. oper. income™
2,363,207
1,295,489
1,107,338
575,782
196,592
1,929,007
904,996
466,942
2,095,118
1,017,944
—V.
'
1947
$491,047'
from
railway____
Net from railway™
Net ry. oper." income™
Gross
p.
217,767
272,072
1—
from
166,
1946
950.
24,903
534,818
Lawrence Gas & Electric Co.—To Issue Notes—
The
subsidiary
New England Electric System, plans
promissory notes to banks.
Proceeds
from the notes, which will carry 1%% interest: will be used for the
company's construction program.—V, 165/ p. 212.
sell
company,
$750,000
a
of
unsecured
of
.
preferred.
Underwriter, Sills, Minton & Co. 'The
at $15 a share.
Proceeds will be used to
cost of redeeming 50-eent preferred.'—V^ 165,
offered
3053.
,
•■';Z/./r)-/'Z:- //;
;//;•//
1944
$354,541
Gross
v
treasury for
Lima Locomotive Works, Inc.
1945
$352,978
193,214
August—
1,478,411/
897,717'
/--l.-//■//;/--][iXXX X-'yX /!//'■'_".
the
of
to
reimburse
RR.—Earnings—
7
income—:
166, p. 950.
conversion
$444,391
165, p. 3053.
Lake Superior & Ishpeming
railway——_
oper;
126,211
.
-
'
4:275,374.
)
Liberty Loan Corp., Chicago—Registers with SEC-rThe company ori Sept. 25 filed &
registration statement with..the*.
SEC covering 100,000 shares ($10 par) 75-cent cumulative convertible
preferred/ and 100,000 shares of class A common stock, reserved .for-
p.
1,096,003
$650,910
41,187
$906,191
3,676.979
784.630
558,346
.
$792,900
$169,031
53,041
9,556
;Z——;
income
$865,004
1944
$582,561
221.833
231,289
305,189
;
136,580
/ 168,309,
:
'•
4,275,916
4,558,266
1,192,608
1,511,129
715,815
868,807
Lehigh Valley Transit Co.—New Reorganization Plan;
new plan of
reorganization has been filed with the SEC by the
and its parent, National Power 8s Light Co. The latter is itsprogress of liquidation.
'
7.
■' /.
The plan, which superseded one filed eafly this year, provides for
retirement of the company's $4,915,000 of 5% refunding and improve¬
ment mortgage bonds and its preferred stock,
;
The bonds will be retired at their principal amount through treasury
/cash, or through an exchange of Pennsylvania Power & Light Co./
4»/2%
preferred stock, valued at $112.50 a share, plus cash; on a
voluntary basis.—V. 165, p. 1317. •;//•;■" •'■/.' /■/';.■
-.4.
$2,826,116
2,033,214
$159,190
9,841
1945
$514,902
147,245
85,567
A
:1947—12 Mos.—1946
$3,379,798
2,514,793
522,868
,
:
1946
company
'
$851,740
613,571
„
deductions
—V.
to
•r-v. 166, p.
income
Gross
$955,037
159,380
r
$1,779,346
557,439
$1,221,907
;
■
on
$120,055
$238,170
revenues
Oper, expenses & taxes.
421,245
652,293
806,701
$1,750,605
28,740
:
income
$210,071
$221,156
134,501
!
Lake Superior District Power Co.—Earnings— ^
From Jan.
income
—V.
1945
$198,055
78,000
from
ry.
■■
.
railway.^—
from
Net
1946
-Earnings—
$638,452
$696,907
oper. income— \
From Jan. 1—
Gross
Net
,
Period End. .June 30— *!;
$7,479,162
3,403.720
685,625
deductions-
Dividends
1946
.
earnings:
income
1947
576,428
•
■
Federal
166, p. 1151.
from
Net ry.
Years End. Nov. 30
Aug.31/47
$350,119
140,048
for Federal taxes
Net income"—_!—___
$8,901,144
4,429,488
-
Operation.
Estimated
$250,254
profit before Federal taxes.*.
—V.
Co.—Earnings—
Depreciation
Taxes
$107,121
;
revenues___
Maintenance
$157,094
profit—
Net profit per share———!*——
Int.
12 Months Ended Aug; 31—
.
$70,234
i
■' Net
Indebtedness other than unaccrued taxes arid
Iowa Public Service
Oiierating
Income
Net
.
the
$23,398,
273,174
railway-™
railway
from
Gross
166, p. 667.
Provision
r
income from
was
158,059
9 Mos. End.
the
lease
rentals
81,204
Lehigh & New England RR.77,7 .V'""
1947
;/://. August—
March
*'V
the
i; $523,428
Kysor Heater Co.—Earnings—
.
holders.
$265,180 ;
78,122
_____________
the
activities of the company can be made
31, 1948, a full report of the. progress
; made during; the year 1947, together with balance sheet/ statement
.of profit and loss and
analysis of surplus, will be mkiled to all stock¬
this
$238,298
$148,356
gross
:
monthly income from the sale of oil
and gas have for many years been set
apart as a sinking fund. The
retirement, of the preferred stock will effect a substantial saving in
(monies set aside for. sinking fund requirements and in
payment of
dividends upon this stock which can be;
employed as working capital
and if conditions
warrant, in the payment of more substantial divi¬
At
Net
—V.
stockholders, dated Sept. 30, further
follows;
;
;
'•
to
income
deducs. from
income
the
as
5%
also
was
Total
-
proved— '•
•../
v'
-
—
Reorganization, Ap¬
■
at a special meeting held on Oct. 1 approved
arid adopted an agreement and plan of reorganization/dated Aug. 5,
1947, whereby this corporation will acquire the assets of General
Machinery Corp.
/
.'
The plan pro^des for the merging of the two companies into- a
new company to be known as Lima-Hamilton Corp., for changing th©
capitalization of Lima Locomotive Works, Inc., from 211,057 shares
of
no
par
value into
1,134,431 shares of $5 par value throughissuance-of 5%
shares for each outstanding no par share, and,-th®
The' stockholders
.
.
issuance" of
for
all
of
.
The
<
on
assets.
a
stockholders
merger on
additional
805,952
its
shareholders
Oct.
Latter
share
of
for
and then dissolve.
Machinery Corp. also approved
1256.
•
General
1.—V. 166, p.
shares to General Machjnary, Corp.,
distribute said shares to its own
will
share basis,
th®
■
Volume
166,v Number 4635
"Link-Belt Co. i&
*
Months
^6
Ended
THE
Subs.)—Earnings— /•
June
Louisiana
>
v;-/:
COMMERCIAL & FINANCIAL CHRONICLE
1947
.
1946
.
Federal
TotJil
Cost
2
of
-sales,
«.
'.-+4 $41.906,059^ $24,506,529
—
selling
and-
administrative
excess
from carry-back
of
23,117,055
Ry. operating income.
319,820
440,000
Equip, rents (net Dr>
Jt. Xacil. rents (net Dr)_
\
i
t
unused
'
.
>
*IV' v-'• ■"
/..
.
Net
1
$1,029,654
„
17,112,528
Total
13,863,521
Dividends—common stock
1,009,913 "
/
ASSETS—
U.
:
:
Government
SHEET,
-/•'/.
j
S.
BALANCE
1947'
365,000.
8,081,923
cost or. market—-,
/•Total
■/ LIABILITIES—
11,519,089
Prov.
stock
dividend
for taxes other
Federal
and
accrued
payable Sept.
taxes
stock
par)__I_
(no
fEarned surplus
Treasury
Total
(at
19,444,571
'•'"Of
v
which
Restricted
y.
166,
$95,713
June
is
30,
270.
p..
:
Feb.
1946,
June
through
...
record
Drlll.363
is
-i-f
i.
.
of
the
taking into
disposal
needed
in
the
of
account
certain
company's
report
such
1946
-
pointed
position
a
taxes
on
Z The
where
the
on
was
the
forward
carry
it
would
not
be
reported
$6,240,-
aircraft,
the company was*
to pay Federal income
1947-1948 up to $6,600,000.Lockheed
and
its
'•
production
costs
operating
loss,
stellation
at- a
ditions
President,
commercial
on
and
that
slower
permit.
He
stated
steps
rate
said
work
in
shareholders
were
largely
being
were
and
this
to
taken
lesser
would
j' Mr.
|n
Gross
months
said
of
commercial
the
year,
absorbing--large
of
as
for
the
soon
discontinuance
of
■'
well*
&s
as
v'.
of
$395,546
equal
$1.06
share
p- r
states.
-
as
the
for
dollar
/
.
On
/
.
stated,
and
the
at
a
1,029,311
2,321,659
791,490
1,308,009
$1,704,974
$1,809,031
$3,212,049
62,163
>134,861
«~v.
■.
166, p.
703,015
by order
1152.
,
Net
ry.
Net
/
Net
$1,997,759
351,025
720,144
$825,597
$1,277,615
the
"
;
-
"
697,713
share and
per
payable
'
'
i
*
■
'
1946
1945
.
V
'•
as
Aeronautical
552,502
1,066,781
822,040
$4,732,910
,
Oct".
"cash"
1947,
30,
only.—V.
and
165,
and
to
3054,
p.
an
,
,
an ordinary distribution
amount¬
extraordinary distribution of 5 cents
to
15
stockholders
of
record
against 80 cents in 1946.—V.
Oct.
4.
amounts
166, p. 55.
to
succeed
the
late
W.
Toledo, Ohio, has
Keyworth, of York,
A.
Ltd.—Proposed Merger—
& Sugar
Co., Ltd. above.—V. 157,
Products,
Inc.,
above.—V.
165,
1182.
p.
2672.
p.
Subs.)—Earnings
1947—Month—1946
$1,708,511
,
of
annual
.
charges
earnings
.
6,960,900
6,159,487
$1,559,521
$1,363,127
$7,522,614
.
188,000
190,000
940,000
980.000
$115,534
>'; ■'ii'j:
$32,813
$619,521
$383,127
.
_'
'
$8,520,421
$222,813
$303,534
int..
>1947—5 Mos.—1946
$1,523,249
1,300,436
1,404,977
■
of common stock (no par) at
$16.25 per share.
go to selling stockholders.—^V.
166, p. 1152.
'
■
railway
31,290,636
5,198.505
30,679,727
6,620,207
0954,257
p.. 951.
31,113,510
Z
,
.
Is
t
.V-
A
3,070,461
2,208,796.
$1
•
,
/The.SEC has granted corporation permission
Public Service Co. of
Indiana, Inc.,
*•*
for
$2,245,860
plans
^•VV7^!
8,990,293
to
of
15-year,
2%%
—
—_—:—;
1,095,440 shs. of eom.
—V.
—
stk.
•-
'
.
,
Proceeds
;-*•.,•
'•
,,
-
to
sell
11,299
warrants
subscribe
debentures
of
use
Midland Valley
$719,011/
29,316"
;
...
$1,136,628
$748,327.'
611,001
—r_—
——
1
Indiana.
Middle
West
$250,413 to be received from sale of the warrants to
purchase 25,041 shares-($10
par) common stock of Kentucky Utilities
166, P. 1152.
</ —
11,779,4,45
i.
^
evidencing rights to
of
-
23,676
on
vw.t
Middle West Corp.—To Sell Warrants—
7,950,362
$1,112,951
income—
Earnings per sh.
166, p. 270.
'*/,
—
:
—
income,
14
Co.—V.
expense
1
^
•
851,088
-
i
30,600,508/
8,672,020
.385,066.
—
Net
:■
Meyer Blanke
Co., St. Louis—Stock Sold—Smith,
Moore & Co., St. Louis, Mo., on Sept. 22 sold
2,400 shares
1,846,144
565,767
income—
Other deductions—
■
beginning
Oct.
End. May 31—
166, p. t'57.
—V.
.
1—
Gross "profit—
Other income
Total
$98,506
President of Textileather Corp.,
director
a
sink, "fund
&
Net
1944
1,769,513
income——
1
$678,132
'
-
.
$4,724,874
1,298,845
>
'(•! '
$1,116,945
1,018,439
year
share,
■
:S.
/834,216
.■
$77,294
will be for
Net oper. income.
•
Six Months Ended June 36—
•
$1,512,348
a1''.:
$74,269
warrants
Gross earnings
Oper. exps. iiicl. deprec.
$1,246,344'
$4,609,428
Oper; income/—
0perkting
in
Lippmann,"
Accrual
$4,695,200
railway—
Operating
300,770
[Expressed In Canadian Currency] •/
Los Angeles Transit Lines—Earnings-
/
$816,175
90434
105,430
I'l.:-*;-'
$1,422,214
$182,724
$ltt.465
103,196
:
••
_
$172,745
9,979
Mexican Light & Power Co., Ltd. (&
$1,944,057^
1,312,102
'; ^Deficit.—V. 166,
•
*
,
' •
119,868
$3,425,681
1,481,624
1,349,151
r_
1947
from
ry.
,
10,441
166, p. 568.
Period
-$3,346,910
694,572
•
railway
oper.
from
•
McQuay, Inc. (Minn.)-r-Proposed Merger—
.
360,443-
railway
From Jan.
Gross
343,583
213,611;
.
from
from
-
:
$1,176,622
$701,300
August—
Net
250,057
$167,024
.
etc.*-?——-.
both
elected
See
•
Long Island RR;—Earnings—-
Gross
-
i
$1,061,743
income—
net
$1,871,194
$1,764,758
C.—_———
S.
982,098
286,252
16,172
Maui Agricultural Co.,
$3,305,813-
59,784
of
1,670,922:.
36,277
.
£ee Hawaiian Commercial
1,997,717:
1,635,680
Of P.
168,625
1947—12 Mos.—146
$9,408,988 $20,941,296 $18,388,166
4.023,264
10,107,988
7,850,261
723,604 / 1,933,548
1,533,525'
699,499
Bal.
D,
Pa.—V.
1,224,356
,Nefc income
Reser. of inc.
/.
Martin-Parry Corp.—New Director—
./•
_
operating
Operating taxes
:
pre-:
common
..
2,065,170
deductions—
of
and
2,058,043
inc.
shares
24,833
:/.
•
to 50 cents per
.
.
1,032,288
Total
convertible
A
two
Previously this year, the following payments were made; Jan.
15,
8- cents, plus- 4 cents exttaj
April • 15, 8 cents, plus ' 4 cents extra;
and July 15, 9 cents,
plus 3 cents extra.
Including the dividends just declared, the total this
/
;
r
1.026,011
Gross. income
'A;
class
into
23.908/
_A/_L—_/
cents
9
share,
per
Depreciation
Operating income
Other income; (net)—_
share
Sept. .29, the directors declared
ing to
1,047,743
(
such
Manhattan Bond Fund, Inc.—Extra Dividend—
stock.
common
number of hairlines,
a
1947—6 Mos.—1946
taxes
—.
oper. income.
Transactions
Maintenance.-
Income
166,
1947—Month—1946
1947/-8 Mos.—1946 *
$1,923,316
$1,837,985 $15,410,515 $13,781,691
1,481,233
1,444,166
11,781,070
11,426,224
including Nov. 3,4947,
J.
5,345,806
expenses
structures.—V.
.
been
operating, revs.— $11,048,389
Operating
-
.
.
•
/
Period End.- June 30— :
,
streamlining the business and
accounting
Manati Sugar Co«—Option Warrants Void Nov* 6—
Long: Island Lighting- Co.—Earnings—
Total
of
as
,
Option-warrants which evidence the right to
purchase common stock
of the company., at $12.50
per share will expire and beconie* void at
the- close * of business *ofi • Nov.'
5, 1947."
1
Accordingly, said warrants will be suspended from dealings on the
New York Curb
Exchange at the opening of business on Nov. 5, 1947.
foreign
Co.. producers of ground handling equipment
166, p, 1152.
.
at
and
.
:
its
of
aircraft, is operating profitably. Mr. Gross
Air
Teiminal, Inc., also a subsidiary, is
Lockheed
^rp|it.--Vr
existence
con¬
highly
r/The Lockheed Aircraft.Service Corpi,''operating':aircraft maintenancev
liases in California, New York an.d Ireland, has a
backlog of $7,700,000^
in ccmtracts with the Army/Navy and
(tools
Lukenweld, Inc.,
;
to
western
J, The Airqulpmerit
•'
ry.
—V. 166, p. 1053.
|n September, Pacific Finance renewed payment of quarterly dividends
the basis of $1.40 per share of common stock, obtained $2,857,500
Additional capital through sale of stock to finance expansion oi. its
in «ight
each
Net income
Con¬
«pn
facilities
and
Corp.
,
convert
\'v3"
the
to domestic airllries. ~"
Concerning the company's subsidiaries, Mr. Gross stated the Pacific
Finance (Corp. of, California - ended
tfye first half of >1947 with net
-earnings
Dec. 2.-
226,318
Net
had been forced
difficulties encountered
by foreign
airlines in obtaining
with which to buy American aircraft.
Additional sales of the Constellation are anticipated in the
however,
to
1946, only one payment,
Sept. 26 that this company will issue on Nov. 1,
share, of common stock for each common
share
1947.
Gross income
exchange
tnarke t
made
on
expenses
Rentals, int.,
disappointing during the first
down by problems of the airlines
airplanes on their routes, and by
(the
Steel
,
tax
Equipment rents
(Dr)_
Joint facll rents (Or)-.
•:
sales,
new
the
15
were
each
cents
cents
on
Nov.
165/p. 212.
Other Income'
were flowed
fleets
In
Maine Central RR.—Earnings—
j
sub¬
jnouhtlng
build
to
expedited and expensive methods which the company
$o employ in-the. past to> .meet .airlihe demands,
six
that
responsible
quantities
allow
10
10
of
share
per
earnings- on
was made on
parent.
15,
may
as
f-'€ *v:;v
E.«Gross,
Oct.
Operating
provisions
required
of
share,
company's
Taxes
the
of
this year.
By-Products
/ Period End, Aug. 31--Operating revenues
of Its*
$144,200,000, of which $117,100,000 or ap¬
proximately 81^ are-;contracts with the- Afmy andr Navy for military
//Robert
that
additional
of
as
stock.—V.
totaled $44,395,916.'
1946
Constellation transport by
under
cents
net
Distributions
15,
60
of
following this distribution,, holders of 1 the
-to/expense.
that
out
of
out
dividend
regular
a
dividend
he pointed out, is aimed
the
ferred stock
growing opt
buildings no longer
as
1947 reduced the valuation
earnings it might make in
backlog of unfilled orders
any
present
sidiaries
31.
—_
process
declared
payable
cents per
announced
one
held
<hf. the federal incojne tax law/*s of. Jan.- 1, 1847,
in
26
V
was
next,
.
31,
16,638,511
(R. C.) Ma hon Co.* Detroit—Stock
Distribution-
*.
*
program.
ended -Dec.
COO, charging off 'this-, amount
The
is
gain of $6,482,488
manufacturing
The company in the first half of
inventory of work in
1152.
p.
f$48,597,128 $69,778,777
<-4,890,694
424,502
assets
16,935,083
stock.—
1947
capital
a
2,183,606
be
The move,
it
•
fixed
9,450,680
subsidiaries, will cease their corporate
absorbed, into the. parent company.
and
simplifying
Subs.)—Reports Loss—»
.v.
/tSales for the six months
j
$111,363
treasury
^.
s
l03S^___^wv—-t
*After
and
of
•
__.
Oct.
announced
1,
companies to
\
Lockheed Aircraft Corp. (&
Net
1947,
acquisition
1,884,780
' -A• *•'*.
■ :
•
■
".This will' be'effected, according to Robert W.
Woicott, President,'*
through" a transfer of assets, properties and
goodwill of the two
.
14,086,245
Dr95,713
It
Wholly-owned
Nov'.
.
Six Months Ended June 30
Sales
30,
V
Tp Merge Two Subsidiary Companies—
•
$46,486,451 $38,495,543
restricted
1944
403,465
'
1
Sept.
additional
an
15, May 15 and Aug.
j
cost)
_—
1945
.
1,996,272
10,940,204
of
539,748
,
-
on
and
4
ll
^
*
Steel Co.—Declares 60-Cent Extra Dividend—
directors
share
amounting to 40
3,523,880 ; -2,732,205
'871,927
3,462,435
-15,399,544
15,399,544
1
stock
income...
Lu kens
(less
'j.
i
111,100,604 140,036,108 143,074,651
22,925,523
18,017,250
49,099,078
55,597,815
holders
605,948
1946
1,270,066
railway..
oper.
The
$38,495,543
572,578
inc.
on
,i! "
>
123,150,644
166, p. 9.51,
per
$3,983,265
1_______
taxes
income
on
//
.
.
ft
RR.—Earnings—
"•.•.'•I'-..';:
•"
railway
outstanding capital stock,
$6,163,718
i XJ, S. Treas. tax notes at tax
payment Value)
Reserves
Common
income—
X—*
on
liabilities
than Federal
Canadian
ry.
V.
Z:
and
from
Net
9,147,955
569,888
.607,030
..
$1,311,787
(Ky.)—Weekly Output—
1947
oper.
from
Net
27,878
1,630,699
$46,486,451
Accounts payable
ry.
From Jan".
540,OOo
6,165,974
1,637,420
(net)-
:
Common
Net
Gross
29,911
J
Buildings, machinery and equipment
Other assets and deferred charges^.;
from
12,732,859
Other current assets
Land
•
.
60,422
■
$1,561,624
'J
,
470,169
'
■
railway.... $15,333,550 $15,824,723 $15,853,894 $18,644,710
railway—-...-- -2,539,692 ' 3,553,430
3,987,345
7,448,348
-
16,033,813
■
.
$210,470
/;«.«
4
■
$1,842,378
from
Net
2,140,268
Accounts receivable—trade (net):
■
>
»'
August— v:
•
Gross
$5,540,023
—___
Other securities
Inventories at the lower of
1946
$7,612,266
t_
securities
■
,
^
>
Louisville & Nashville
/'
30
—■
$218,904
4
'l
\
l
"
■
.
7,028
Electric output of company for the week
ended Sept. 27, 1947 totaled
kwh., as compayed with 28,469,000 kwh. for the corre¬
sponding week last year, an increase of 25.1 %,—V.
166, p. 1256.
806,93o
JUNE
{
/
income.
oper.
$2,299,924
674,127
64,173
57,546
'
•
Earned surplus June 30
$19,444,571 $14,086,245Number of shares of common stock outstanding
807,930
806,930
Earnings per share common stock
—
$4.14
1
$1.28
Cash
553,297
35,611,000
H
CONSOLIDATED
428,000
619,469/
$275,044
Louisville Gas & Electric Co.
$20,454,483 $14,893,175'
COMPARATIVE
1,074,500
66,469
15,263
;'/Vr: 1: t'/'l -V
<
ry.
•—Y. 16(5, p. p51.. •
400,000
.—..
-
$3,341,955
-
surplus—Jan.
125,000
$342,922
108,755
—
,}
Earned
165,500
81,295/
489,898
profits credit-„--—--.-—-:--/4----1.-w
Net income
j
taxes..
2,200,000
equip.--
Prov. for Federal and Canadian taxes on income
Estimated recovery of prior years' excess profits
resulting
Ry.—Earnings—
'
penses and discounts receivedii———35,874,206
Prov. for deprec. of property, plant &
taxes
income
Other ry. tax^accruals-.
ex-
/.
^
Arkansas
Period End. Aug. 131—
' 1947-r-Month—1946
1947—8 Mos.—1946
Ry. operating revenues.
$1,457,340
$1,213,744 $10,515,026
$8,710,810
.Ry. operating "expenses.;":
867,623
747,231
6,521,133
5,887,135
-
Net sales (less discounts and allowances)....-.
$41,891>417 $24,435,ill
pother income (less sundry income deductions)' : '
14,642
71,418
\
&
•
30—
$525,626
$0.48
$363,261
/
$0.33
RR.—Earning&-~ /
August—
'
•
'
Gross from railway_i__
Net
from
Net. ry.
l—
j,//
from
Net
from
Net
ry.
V
railway
railway____I_
oper.
income
—V. 166, p. 951.
1946
$151,398
32,538
oper.. income,—
/" From Jan.
Gross
1947
$152,760
railway
13,532
>
.
30,086
(
7,132
r
1,271,738
1 065,169
387,669
222,312
168,646
64,323
!
10
i
Minn.—Preferred
(A. A.) Murphy & Co., Inc., St. Paul,
other
Offered—Piper, Jaffray & Hop wood, Minneapolis,
on Sept. 23 offered 6,000 shares of 5Vz% prior preferred
stock, 1947 series, at par $50 (per share) plus div.
,4%
*
bank
Current
loans———
—
Class
A
com.
com.
¥r
.
'
/,20,000.shs.
6,000 shs.
.
.
shs. ($10 par)
Shs. .<$,10 par)--—'
$700,000
13,000
•
,
prior pfd. shs.' (^50 "par) iss.vift^ser.---.'V
5V2%. prior pfd. shs., 1947 series
— //■:
2d pref. shs. ($100 par)
—
Glass 8
$32,318,876;
investments
(less—reserves
assets
and
New England Gas & Electric
depreciation
for
LIABILITIES—Accounts
140),
.
$3,353,167;
etc.,
income
payable,
$5,571,224;
for
reserve
accrued
taxes,
state and
Federal,
rK°J lhe
of
production
$3,326,712;
taxes
6,000 shs.
6,000 shs,
1,700 shs.
.
7,000 shs.
,.
.
1,900shs.
3,500 shs.
■
.
y
.
,
*■.
_
stock—par
common
value,
$10
share
per
treasury), $11,549,280; earned surplus, $12,795,404;
—V.
shs.
166,
•'-«• •'
306.
p.
'•"'
v
The
BUSINESS—Company
AND
Minnesota.
It
.' v", :.V
/ '■"• " '/'
f-:- ^
STATEMENT'
"■•
-
'■/'
:
V.Y.v
Income//-,//!/
Total
;■
Otherv deductions—
'
NeJ;
—/,./_/-- .i.
profit———-----.—-'.
-.
.84^461
61.900
$89,685
$60,860.
,<,
,
.
.36,353
68,526;.
'
:
—
—
•
PUItPOSE-r-Company;; expects to' apply< net proceeds -in partial pay-,
of its outstanding bank leans.
The funds received by the com¬
pany from such bank loans were used in the making of small loans
as a part of the company's regular business.
for upon
the exercise of subscription warrants, and the
6,467 shares of capital.stock hot Subscribed,for upon,the
•'
National Bank of
been-appointed transfer agent and registrar.—.
AND REGISTRAR—American
TRANSFER .AGENT
St. Paul (Minn.) has
■%' 166, p. 1257.
^
/ Effective
as
Sept.
medical
a
announced
McPherson Armstrong
Edward
Dr.
29;
director
by
to
a
retirement
company's
the
under
has
retired
plan,
it
was
President.—V. 166, p. 952.
Alexander E. Patterson,
f
Narragansett. Electric Co.—Earnings—
1947
,6 Months Ended June 30—
PURPOSE—The purpose
Qross
$9,329,656
operating revenue
Other
income
$8,627,018
139,956
stock
to
is
$8,668,409
3,795,941
666,666
Operating costs
4,670,315
—,
Maintenance
721,928
-
/Depreciation
Taxes, other than Federal income tax
679,563
914,772
./
..
Provision for Federal Income tax/-'--/—/-/-—
'
Interest and other chatges
■"■•/
dividends-—
v-
before
••'.Balance
Dividends declared
dividends
Balance for common
—V.
166, p. 762.
-
2
cumulative
oh
,
-
:
*.
the
volume
It
• ■*
.
-.
,
\i.
August—
Net
Net
1947
..
from
—
from
20,372,449
railway——
Net
from railway-——
Net
ry.
•
*
r.
1945
Deficit.-—V.
166,
,
952.
p.
Period End. June 30Total
revs
oper.
Operating
cf
91,322
Depreciation
taxes
_
income
Issue.
on
2,134,903
143.-129
87,482
167,871
55,553
$171,258
$164,361
2,239
,
$99,063
-V.
165, p.
$172,208
Container
has
now
Co.
six
written
80,696
.;:';/ 162,871
in
$170,483
has
company
Pa!
acquired
With
this
the
acquisition
of
Cost
of
purchased
goods
Merchandislng, selling and administrative
classes
Gross
-profit
Other income
<r
■
*
—
li—;//-——
**
$6,0901302
*
•
Other
is
Consolidated
_i——/
net
income—,
NOTE—Depreciation
and
/
1946,
.
charges
amounted
to
ASSETS—Cash,
indebtedness.
$10,471,231;
$4,000,000;
•
been
and
1933.
U.
S.
the
.
'•■•" /.'
*
$1,901,062
filing of
debt
and
$939,921
$138,01?
640,290
1,017,969
$1,580,211
$1,155,98?
con¬
291,123
-
expense
is
subject to final determination,
BALANCE
equipment
SHEET,
JUNE
30,
(at cost),
194?
$64,925,356
fund
'/ 343,476
cost)—
413,929
assets
;
4.644,251
investments—,/
1,916,745
/,
and
note
interest
bond
interest
and
divs.
1,341,350
(see
contra)
40,315
2,289,364
receivable,
and
less
dividends
for
res.
doubtful
receivable-—
!
appliances—/,—,
87,329 /
1,194,561
accts.
1.519.785
/
42,737
——/,Z,>./,/*
2.349.786
2,685
—-—/*«••• •;r-
Total
in
paid
From
of
$2.50
classes
engaged
debit
items
656,054
National
Bank'
—„—,
$81,767,720
preferred share?. (ppjr $100)-—,
$7,762,500
———
...
LIABILITIES—
convertible
' /"
k
.
Commotf:,share?. (p$r:$8)—
*w.—Z—/—.—9,968,088
Paidr-in premium ort dommon ana pre^erred shares-—,- • v
498,312
Minp'rity interest in/capital stock,of a;subsidiary—
—- ,
256,515
Capital surplus (paid-in surplus)
—Z
3,865,792
&
each
year since
1906,
through February of
1937
20-year coll. trust sink, fund 2%% bonds, ser. A,
Subsidiaries* long-term debt,,,,/
insurance.
of
•
Matured
Notes
the
six
and
•
SHEET,'
of
months
$717,103,
of
follows:
•
Blyth
&
Brown
Brush,
800,000
-
•
-
-
Accrued
Other
June
:
certificates
for
accounts
and
dividends
doubtful
•
.
9,785,000
service
40,315
payable,———
;
342,962
deposits——,^—,—
680,514
/
i_,_•—_/——
%
of
notes
accrued
2,202,286
liabilities
347,361
credit items—-,/—
and
.
Minority
Earned
depreciation
134,413
of
property,
plant,
and miscellaneous physical property—.
men
equip20.645,547
729,135
■
extensions--./—-—:
interest in
surplus of
(since Dec. 31,
surplus
—
—
96.849
-
subsidiary,
1946)—;
a
138,716
*
460,283
Total
-V.
/
y
offered
1
/
&
.
Co
Kidder
Peabody
"
1.00"
>
2.25'
Z.
&
Co.—
,
: E.
6.50
-
Singer,
•>'////
William
6.50
stein
2.75
p.. 569.
•
:•'
&
/
v
1.25
1.00
V 1.25
Co.
Co
.
Z'
Dean
a/
/-.(.,5.50
.
Jackson
<
---«
Sons Inc.
Staats
Oct.
1
at
1,
due
1947;
office
or
35-year
Oct.-'
in
Debentures
will
be
Oct.
agency
in
1,
of
1982.
company
Interest .payable April iin Bostoij or New York
coupon
PURPOSE—-Company is engaged in the largest construction program,
its
history, which is expected to necessitate
the obtaining of
amounts of
additional capital over the' next few years.
substantial
Deane. & Scribner,
R.
Oct.
$40,000,000
form in denomination of $1,000,
$10,000 and $100,000, registrable as to principal, and in fully regis¬
tered form in denominations of $1,000, $5,000. $10,000, $100,000 and,
authorized multiples of
$100,000.
Coupon and" registered debentures
are to be interchangeable.Debentures are to be redeemable at option
of company on any date prior to maturity upon at least 30 days*/
published notice, as a whole or in part, the initial redemption price
being 104.625, plus accrued interest.
"
•
Pierce,
Beane
H. Rollins &
—__
Thalmann
&
Paine,
Webber,
&
Curtis
1.25,
Co;
Percent.
,
&
Cot—-.
/
5.50
4.00
v.
y
r
2.50
1.25
Bros. & Boyce_2.25
Witter-& Co.—4.00...
meet
in part the
requirements of this. program and-to" restore
treasury moneys already expended for this purpose, the com¬
has borrowed from American
Telephone and Telegraph ;Co.,
parent, 'on demand notes, which were oustanding in the amount "'of v
$38,500,000 on Sept.: 15.. 1947,. It is expected that, these borrowings>
will increase to approximately $43,000,000 by the time of the sale
of the debentures.
The net proceeds from the sale of the debentures
To
Leonard & Lynch „'-2.50 .•./>
Stanley & Co.—,- 10.00
Maynard H. Murch & Co.
3.25,
Pacific Co. of California .1.25
v. .
Pacific Northwest Co
/1.25
Legg & Co.—-
Ladenburg,
Co.
Z
Mackubin,
166,
&
1
on
3%
debentures at 101%
and interest.
The issue was awarded Sept. 30 on a bid;
of 100.8091.
A competing bid, for a similar coupon of
100.40 was offered by Morgan- Stanley & Co.
'
and
Morgan
■
1.00
&
,
Patton
Telephone & Telegraph Co.—-Debentures
Offered—Halsey, Stuart & Co. Inc. and associates
City.
Moore,
-'1,
1.25
Sons—
Fenner
,
.
4.00
&
Sulzberger
Richards
.
Masten & Co
Miller &
Merrill
Lynch,
1.25.
Co.l_—-
Davis
&
E.
Mead.
1.25
&
t
.
A.
2.25
Co.
&
-
$81,767,720
p. .1257.
166,
New England
are not subscribed for upon
the respective percentages;
severally agreed to purchase,
McJunkin,
Co..
Garrett
Kidder,
—V.
and
1,388,130
—
taxes
Contributions' for
•
•
M.
22,425,000
(contra)
declared
Retirements
'
•
6.50
C.o.
Kay,
1967
Reserves;
and
each has
15.50
Co.
A.
;
&
Hallowell,
30,
>
-•
Sons_
Cullom
Robert
$0.50
•
&
Dodge
Shelby
1,154.928
respectively.
America
interest
current
Deferred
principal, underwriters of such,
as
warrants
Percent.
Corp.—
Cp.,. Inc.„r
Slocumb
Clark,
382,500
JUNE 30,. 1947 /■ ;
(less-preserve
and
Customers'
;
in ' Pennsylvania Feb. 1%
the business of writing fire,
Of
the total net premiums
'
Boston
Alex.
•
of the
names
capital .stock
subscription
unsubscribed stock which
First
$2.83-.
ended
bond
Dividends
is represented by approximately 3,300-agents located
territory in which the company does business.
180,000 shares of
as
/!""£?• Z698,842^/-^419,305
---"'j}/
due
—
semi-annually,
share
per
in
insurance. :
exercise
The
accounts, $909,045), ■ $12,749,199; inventories of resale- merchan¬
dise, finished gcods, work.in process, raw materials and supplies (less
9,321
——.*$10,689,922
incorporated
was
UNDERWRITERS—The
of
are
298,126
1,154.928
xeceivables
and
-
——
Deferred
has two" subsidiaries, Birmingham Fire Insurance Co.,*,
fire, marine and allied classes of insurance and
Indemnity Co. which writes casualty, surety and allied
"
375,637
—
CONSOLIDATED BALANCE
re-
filed
Materials, suppliies. and
writes
company
of the
$3,922,658 " $1,242,310
:/_
for
' 2,194,860
:
'■•':"
1,876,714
:Qther '
is licensed or qualified 4o- do business in 47 states of
States/ the District of Columbia, the Dominion of Canada,
territories of the United States ana certain foreign countries.
$1,060,435
33,387
divs
$764,351
1,818,065
" " '
of
CONSOLIDATED
plant
Accounts
related
as
throughout the
/^2,400,000 // 32o!ooo
—
cumulative
preferred stock
$2 tentyear preference stock divs
Common shares outstanding,"
Earnings per common shares
1947
now-
company
Chaplin
■
stock
1947, would have
—
—
REGISTRAR—Mellon
primarily
allied
•■
-
$6,594,830
305,560
—
Federal, state & foreign taxes on income/^/-//
Extraordinary income & deducts, (net Cr)
4V2 %
capital
of May 31,
United
$847,764
212,671
504,528
.
w———
deductions
of
shares
as
company from the sale of the
estimated under ,tbe caption Purpose
have
1932
of
.
*
$2,332,87!
funds
Dated
.1946
49,073.452 .38,385,4897,139,889
6,683,823
exps.
---------„
•
income
180,000
are as
AND
•
>"Total
$2,757,987
-
Special cash deposit---preferred dividend3,_w——
Z!
Temporary cash investments (U. S. Government securities)
1946,
prescribed
of
..The
the
the
!
of
security
Special
$62,303,644 $45,917,077
and
basis
Cash
in
year, on the capital stock (par $20).
of directors held on July 29, 1947, a
declared on such capital stock, payable
1947, to holders of record Aug, 6, 1947/
which
The
1947
.
customers
manufactured
AGENT
company
Pa.
certain
sales to
offered
now
National. Union
National Supply Co. (&. Subs.)—Earnings—
.
■
/ 167,968
$3,777,776
-
returns—^
Deposits for matured
-
,'6 Months Ended June 30—
Net
tax
replacement
,
of Vadner
the company
manufacturing corrugated boxes. The
corrugated box manufacturing plant under1
its mill at Tomahawk, Wis.—V. 165, P. 470.
to
/ 31,121
25,800
...3,853
during
form
The
plant
plants
seventh
a
has
not
were
(on
consolidated
Othez
Pittsburgh, is transfer agent and Fidelity Trust. .Co., Pitts¬
capital stock.
' •«■'<'
*
^
*
and
missioners
Corp;—Acquires Phila. Plant—
Philadelphia,
construction, adjacent
20,
plan of'recapi¬
1947, the authorized
approximately 62% was classified in the stand¬
by the National Association of Insurance Com¬
to the insuring of property from loss or damage
by fire. According to published statistics for 1946, the company ranked
21st among stock fire insurance companies in respect of net premiums
written' and 30th in respect of total admitted assets.
162,926
$3,729
it
if
Plant
ttifc
4%%
25,
marine
$91,512
announces
converting
to
Accrued
Company
$333,409
$166,600
3170.
corporation
132,972
exp.__
——.^
resulting from
.Other
82,802
National Container
The
-
the
of
BUSINESS—Company
2,020
.
$10,261
%:
income
&
assets—subsidiaries
ZZ
Miscellaneous physical property
(at
is the present
ard
/•Net
/'
*
Intangible
$331,389
950
•:•■
1,083
deductions
income
5,150
ASSETS—',
intention of the board to declare dividends in the
future on a quarterly basis and it is expected that an initial quarterly
dividend of 31 y4 cents per share will be paid in December of 1947 on
the
capital stock (par $5).
Future declarations will depend upon
earnings And -other factors not presently determinable, .•
245,845
13,252
$97,980
income
Gross
;
1,400
taxes
income
Property,
-
Aug.
It
175,321
277,317
55,553
(net)
-
'
128,725
.
-'l/vVv
-•
29,937
V
;
Cr 12,363
pro
forma statement of income has been adjusted to
parent company fixed charges on the basis of
debt.of $22,425,000 P. A. at 27/e% interest rate and Federal income taxes
computed on
the basis of such adjusted fixed
charges. Amount to be deducted for
proceeds
was
sale
the. exception
1901.
Total
stockholders lAttg.
1947, company paid divednds
February and August of each
At the
meeting of the board
dividend of $1.25 per share was
$3,086,440
177,353
11,805
84,672
_.
Operating income.—_
Other
2,920,239
/
151.320
_
Operating taxes
Income
SURPLUS—I^rsuant
DIVIDENDS—Dividends
$3,720,393
1,136,690
/66.003
v
net
burgh, is registrar for the
1947—12 Mos.—1946
$1,645,711
1.67-1,411
/-
such
(400,000 shs. $5 par, authorized & outstdg.). $2,000,000
———Z
——*8,689,92?
Trust Co,,
Co.—Earnings-
$2,108,510
—
29,937
8,139
i
Cr47,094};./ Cr47,094"
; / /;
30,089
;
8,239?/
reflect
?ASsurhIng- the net proceeds to the
:
.1
-
1947—6 Mos. 1946
expenses
Maintenance
Of
Pennsylvania.
/Total capital stock and surplus
with
Nassau & Suffolk Lighting
of
follows:
as
income
CONDENSED
from $1,100,000 to $2,000,000;
the par
reduced from* $20 to $5 per share; and the
stock (par $20) were converted into 220,000
Giving effect to the plan of recapitalization and to
and
/capital stock
-2,620,741
/
312,017
-
30,628
8,239
Other deductions:
-
amortization
I
7,378,021
312,641
-
-
30,628
company
increased
$5).
issuance
.' been
28,395,580
312,641
;;
Balance to surplus—, $2,192,185
capital
of
TRANSFER
,,
- -
exp.
—
'•
-
the
by'the
was
(par
1944
19,386,003 ' 27,143,349
'
928;315
7,423,008
- *476,845
2,773,806
3,321",159 *
1,235,465
income—/
oper.
&
^
' Amorti?. of debt disct.
.
from the present
and will be added to the cash funds of the
that substantially all of such net proceeds
in securities which are qualified as
fire insurance companies organized under the
by
shares
the
shares
1—
From Jan.
Gross
25,539
stock
of
Surplus
1946
by the company
offered, the capital stock and surplus
$2,383,224' $3,225,694 $3,448,996
22,738"
761,801
628,984
*164,293
171,513' * ' 144,220
245,967
railway
oper. income—
ry.
'
$2,420,538
railway
from
discount
'
turns
Capital stock
Earnings—
debt
NOTE—The
adopted
shares
162, p, 2646.
'vNashville Chattanooga & St. Louis Ry.
Gross
received
be
-CAPITAL1 STOCK AND
capital
Mass.^Offer for Stk.
Nashawenu Mills, New Bedford
$ 4i763,398" • '$4,763,398;' ;$4,656;93T
Baiance
amount
the
^See William Whitman Co., Inc., below- y.
to
investments for
of the Commonwealth
55,000
-
$4,459,883
/',*/197,1)5*
■■
Other' deductions
•-
solidated
expected
is
invested
talization
$1,142,931
$4,575;596
*187,801
■■■■'.•>•/■/*;
187,801
"stock held by public/•
'
.
Credit
expenses of $52,000,
value
$957,471
2,125,076
'
Net
.
:
202,506
.;
•
of
separate returns)
equal to the
par value of
the
capital stock so issued
will be allocated by the board of directors to the capital
stock account' and the balance will be Allocated to surplus.
$1,345,437
2,071,071
2,308,874--- 2,308,874
-
Interest;charged to construction
Income -applicpblc to, commop;
>;
Federal
($900,000)
877,606
202,506
and surplus
between capital
premiums written.
of
proceeds
net
be
an
496,526
$1,159,978
pfd. stock—
the company so as
funds and the greatly
ten years the ratio of the company's, capital funds at
the year-end to net primiums written during
the year ranged from
a
high of 101.7% in 1938 to a low of 49.0% in 1946.
The ratio of
capital funds as of May 31, 1947 to net premiums written during the
12
months ended May 31,
1947 was 33.9%
and, after giving effect
legal
laws
856,802
1,294,160
1,902,384
-
$4,575,590
-
Interest ort lohg-iernv 4ebt^ w Other interest —/wu.—^
r,
•
-Amort,
the past
For
will
629,431
448,682
874,S70
&
——-
—
1,902,384
-
—
Net inc. before Fed. inc. taxes
surplus of
the
and
the. relationship
improve
mated
41,391
.//; $9,469,612
—
increase the capital
to
company.
".'Total gross earnings
1
i80,000 shares of. capital
of the sale of the
The net proceeds to be received by the company, from the sale of
such shares of capital stock will
be $4,346,750 after deducting esti-,
1946
10,579,257
-
^
-r—$4323,895.1$4,423,895 > $4,262,126
i;*:j. New, England? Gas>& Electric, As§n;
/ , /Interest pn
long-term debt__^>..
.644,718 Z 1,529,081.:. 1*751,958'
financing, 57.3%.
.
12,749,130
/1,657,148
1,657,148
taxes//—:
/_
391,82*,
; '
'
to
'"
457,140
H
•
$23,193,133 $20,529,449
prop-
;. Npfe;
income.*//:-,
?//
Other., deductions from income:-
subscriptipn warrants; were purchased by thp
ilhderwriters at $25 per share and have-been sold;/
limited number of purchasers;
increased
^
i
' V'
N" .
* ' -J
' \ \
* '•
Mutual Life Insurance Co. of New York—Retirement—
.
'
-
-■■:•
~.
vseveral
ment
per
:>,6ubsidiarles^./;'.'~;--;';*////:/:/:/.;//;/;/.;v/-i ••*;/;.?•:// /:;Z///"
-
exercise Mpf
v
,
cents
of/record
the initial dividend paid
12.749,130
of
Income./„
$5) offered by the: company for subscription by its stock- '
holders at $25 per share, 173,533 shares were subscribed "
v
retirements
^OperatingI.income,
Other'
National Union Fire Insurance Co/ of Pittsburgh/>
—Stock Sold-^-Of the 180,000 shares of capital stock (par «
$159,113
July 15, 1947.
as
revenues!;//^-/$23,193,133
■I:
.
'492
'
-
on
share
per
-
for
(.'.eral .Income
•
:
$158,621
-
$242,573
—
iProv^jfoi'jtaxes.on Jncotne
•
~
1
1
'$242,287
———4-———' 285'
Sundry income
■
''V;X-v..
:
rate
1 erty.t pjantr and .equipment—^Provision for taxes other than Fed-
.
■
ago.
139,033,000 cu. ft.
OF CONSOLIDATED^ INCOME,
Total operating
Provision
.
_'?»
above
year
a
a
quarterly dividend of 20
payable Oct. 15 to holders
stock,
same
Operatnig.expepses ^—L/Z
.
"<
week
at
cu.
Maintenance'
,
V.
reported
-
/.
'
.
is
^ating;'-r""".—- -457J40
V
,
/. Operating1 income.—-w_—
reports electric output
corresponding
TEARS ENDED JUNE 30
■c \ l.;;.4' "-'V V
<
; 'v
" ; r"
.1947''
194$ /
Operating -revenues;
Pro Forma
Actual
Actual J
Electric :--->/_„-w--;>/_/-//.//.//
$14,.775,47'2 $14,775,472 $13,287,260
Gas
——./,//
7*960,520
7,960,520
6,850,350
•
•
.
week
declared
at
the
nn the
present shares
engaged
is
have
common*
was organized June 28, 1946,
Nationai Tea Cov CWcago--r-Preferred Stock Increased
in the small loan business under stat-,
The
stockholders at a
special - meeting held on Oct. 1 voted to
Utory licenses in Minnesota, Idaho and Nebraska.
Its eight Minnesota
change the designation of the outstanding 32,300 shares of 4V*%'
offices are operated under the name "Family Loan Co.,"
its- three
cumulative preferred stock to cumulative preferred stock,. 4V\CU series,:
Idaho'offices under the name "Murphy Finance Co,/' and Its one
aiid
to* increase
the. number of .cumulative
preferred shares-from
Nebraska office under the name'"Family Finance Co.1'>.«./
32,300-to 72,300 shares, to permit the creation of 40,000 cumulative1
The business was established in St. Paul, Minp.y jn 1922 and was
preferred shares, 3.8% series.- The new issue will be placed privately
developed and expanded into neighboring states by successive partner¬
through Hemphill, Noyes & Co.—V. 166; p, 1257.: :Mships which also engaged in the discount and time payment collection
business. After April l, -1940, following enactment of the Minnesota
Smali Loan Act in .-1939, the small loan business in Minnesota and-the
National Tunnel & Mines Co.—Suspended from List
discount
business .irt other states
was .conducted
by a: partnership
The New York Curb Exchange on Sept. 18 announced suspension, of r.
known as "A. A. Murphy & Co.," until Juy 1, 1946. when the present,
corporation acquired the. Minnesota small loan business from the t dealings in capital .stock of this company after a ruling by the Federal
Court, District of Utah, which closed transfer facilities, for the stock.
partnership. ■.//
" • /!■
:• ////•,.■ v/;/'
' /;// .■.:
On
Sept.. 9 the directors of the company authorized filing of a
t
f.V., , *
*7- SUMMARY- OF-' OPERATIONS • ,- " .•
V
petition for reorganization under Chapter 10 of. the National ~Bank->
Z■
/Z;r .10 Mos. : ■
ruptcy Act/ On Sept. .13 the Court issued an orders approving the
:
*
v
j*"
4
•
"
" " Year End. - Ended
petition.. .'Just prior to suspension of trading on Sept.;; 18, a total/of
:
•4
".
' .v; ^31/47^1^1/46
800
shares sold
at 37»/2
cents each, unchanged from the previous
Income jfrom interest on small, loans..---//—
$532,090 V$3l8~,011,
Mtransactlon.-^-V/ 166, p., 1153. ■ 1
f .....
Operating >.» expenses■—_—
—
289,802.
- 159,389
-•HISTORY
in
trustees
"his is
held in
$81,380,591.
total,
the
-".;•
";
*■
for
Declares 20-Cent Common Dividend-r
;
shares
1,050
(less
kwh.
ft., or 14.52% above production
121,405,000 cu./ft,'for the .corresponding, week a year ago.
of
$1,943,324; 4'/2% cumulative preferred stock—par value, $100
per
share
(less—3,400 shares acquired for sinking fund
and not
reissuable, $340,000), $16,660,000; $2 ten-year preference stock (par
value, $40 per share) (less 2,355 shares held in treasury), $11,181,480;
.
.
14,136,016
increase of 900,909 kwh., or 6.37%
an
71.® ^5" *"crease of 17,628,000
treasury tax notes and accrued interest, $381,2%%
debentures due June
1,
1967, $15,000,000;'-
.
of
This is
output for the. Sept. 26
(less—U. S.
Association—Output—
ended Sept. 26, this Association
15,036,925 kwh.-
wages,
foreign
Monday, October 6, 1947
:
.
on
;
$1,793,435),<
$1,565,807;' fixed
CHRONICLE
rcserves,
$700,000
.
——
—
FINANCIAL
amortization, $18,820,504), $19,851,332; deferred charges, $424,145;
total, $81,380,591.
/■ •• •■/
" ;
:.' :-
interest,
Outstanding
Authorized
debs., dated Aug. 1,. 1946, due Aug.
1956
——a-
1,
inventories,
assets,
&
and
CAPITALIZATION, GIVING EFFECT TO PRESENT FINANCING.
*
for
V—reserve
Stock
,
COMMERCIAL
THE
(1358)
to
its
pany-
Will approximate $40,171,000, exclusive of accrued interest and after *
deducting, expenses. Company intends to apply the proceeds from the
sale of the debentures toward the. payment of the then outstanding
demand- notes..,In view of the magnitude.of its, construction require-)
ments the company,
to be
considers that further financing, which is expected
initially imt.he; form of tempore ry. borrowings, from the American
company,
will
be
required within the
next year,
.
/
..
,
Volume
THE
Number 4635
166
COMMERCIAL
&
New Orleans Texas & Mexico
>
August—
Gross
from
Net
ry.
Gross
Ry*—Earnings—£.£V'£.r;;l
1947
railway
1946
1945
$510,657
$618,866
154,948
270,656
110,076
• -
-
S
income.—
oper.
From Jan.
?
CHRONICLE
$485,044
railway—:.
from
Net
;
FINANCIAL
-
.
127,847 •
1944
130,543
223,513
5.277.384
6,248,163
2,589,580
3,004,514
$701,342-
3,306,998
2,045,265
342,265
:
,
187,435
•
1—
5,124.242
2,252,488
1,900,406
railway.
Net from- railway
Net ry. oper. income
—V. 166, p. 952. '
from
New York Central
6,929,349
,4,062,04?
2,251,162
,
.
RR.—Earnings—
(Including All Leased Limes)
Period End. Aug. 31—
1947—Month—1946
"$
58,134,825
49,491,341
Railway oper. revenues.
Railway oper. expenses'■i
Net
rail-'
fr.
revenue
'
11,391,420
5,062,865
1,549,614
13,041,410
2,503,991
4,778,941
18,526,002
12,165,295
1,359,204
1,329,561
13,143,318
11,242,341
-
income
Tbtal
3,863,W
——I-- "
income
Misc.
deductions
Total
fixed
•
♦
'
Includes
come •
6,108,502
11,728,023
31,669,320
23,407,63a
158,963
in
1,242,123
1,232,280
27,708,751
27,262,743
;242,771<,y 2;47i;316
2,715',446
15,087,387
in¬
Cr288,951
—...
tlncludes
credit
146,616
3,490,570
>
Federal
taxes*
tDeficit.
$409,289
;
,
3,461,461
charges
income
Net
Z
'' V?-;' ;
-V -i
70,998,235
45;909,421
39,430,823
22,016,103
8,643,484
4,722,922
income
ry. oper.
Other
.
$
1,416,571
....
^
$
"^wvT:v;V^
way operations
♦Railway tax accruals-.
Equipment and joint facility rents
Net
1947—8 Mos.—1946
$
59,499,703 453,228,133 402,326,902
48,108,283 382,229,898' 356,417,481
Federal
August,
811,871
income
1947,
tax
608,355Crl0,121,541,
carry-back
$682,400
debit
adjustments
of
August, 1946 and
$409,289 credit and $11,112,400 credit in 8 months ended Aug. 31, 1947
and
1946, respectively.—y, '166, p. 857.
in
-
New York Chicago & St. Louis RR.—Bids Asked—
The
,
company will receive bids up
of $3,800,000 equipment
trust
sale
to 3 p.m.
(EST):Oct. 14 for the
certificates
to
be
dated
Nov.
1,
annually Nov. 1, 1948-1957.
Bids will be received
company's office, 2910 Terminal Tower, Cleveland.—V. 166, p. 1257.
at
1947,
and
due
New York New Haven & Hartford
The
Trving
Trust
RR.—Interest, Etc.
Co.,
trustee, One Wall St., New York, N. Y., on
of the-15-year secured 6%
gold bonds, that
funds
will be available on and after Oct.
1, 1947 for the payment
of interest from Apr.il 1,
1946 through Sept. 15, 1947 at the rate
of 6% -per annum and for a partial payment on account of principal.
Sept.
26
The
notified
payments
payment
The
holders
amount
each
on
New
to
$100
York
$7.45
original
for
face
interest
amount
and
for
$1.55
the
of
partial
bonds.
Stock
Exchange directed that the bonds be quoted
ex $90 per $1,000 bond on
Oct. 1, 1947; that the bonds shall continue
to be dealt in "flat," and to- be a
delivery in settlement of Exchange
contracts made beginning
Oct. 1, 1947, • must be stamped to show
payment of interest through Sept. 15, 1947, and payments totaling
$164.50 on account of principal.
Attention
made
are
is
directed
the
to
the basis of a
on
fact
that
bids
offers
and
the
in
bonds
percentage of the original principal amount
($1,000).
The Manufacturers Trust Co., New York, N. Y., has been appointed
trustee, paying agent and registrar for the first and refunding mort¬
series "A" bonds,
,
The company has established- facilities at the Guaranty Trust Co. of
New York,
140 Broadway, Neij York, N,rY.( for the transfer of its
gage
preferred :6tock; ponyertible ? $ $eries
New York Ontario
August—
Net
from
Net
ry.
|
railway
railway
income—
oper.
From Jan. 1—
Gross
ry.
railway
railway
from
Net
*
'Deficit.—V.
$872,015
107,872
81,292
'3,270
'54,431
•.V'
.
,
5,601,572
4,840,933
5,671,472
425,886
."74,093
'1,009,276
6,473,230
160,039
'713,887
♦723,004
•
income
oper.
"
♦133,578
•
from
Net
11,484
-
♦126,951
r.
1944
1945
$748,191' "" $725,824
25,792
1
'
1946
$743,846
•
Ry.—Earnings—
1947
from
Gross
A^V. 16fe„ p. jl257« >
& Western
464,976
*367,660
.
166, p. 952.
''-I
'
•'
:
'
'
Nonquitt Mills Co*—Offer Made' for Stock—
See
William
"
Whitman
■
"■•'J'
Norfolk
<'•
from
Net
ry.
railway
Net
from
Net
ry.
v
-
an
appeal
plan
to
forth
the
from
extend
in
status
down
of
of
quo
interest
class
A
issued
the
and
bonds
on
Vice-Chancellor
its
directs
of
the
of
Stein's
B
this
company, pending
of the
company's
approval
bonds
Mr.
by
Stein.
company's
interest
bonds
it
exchange
that
is
for
to
company
would
proposed
beyond
The
securities
the
set
be
aside
in
payable
issue
to
period
maturity
date,
aims
to
decision
a
is
separate
a
Oct.
under
April
l
the
on
1
is
handed
June'
to
account
the
plan;
Is
directed
to
pay
find when presented with
•
.The
company is further
held by the trustee
bonds
until
further
order
of
the
the
the
class
new
Issuance
1947—Month—1946
<Jj
lit..-
14,723,287
A
interest
to
directed
in
the
court.
amount
June
not
to
of
these
and
5,294,550
36,713,086
24,240,660
2,828,342
20,584,686
15,328,259
2,810,689
2,466,208
16,128,400
3,514,714
3,244,859
22,538,581
145,440
232,304
1,183,875
2,271,365
3,660,154
3,477,163
23,722,456
.17,179,506
Drl7,961
income
oper.
income
funded
the
bonds
tender
of
14,908,141
170,328
172,912
1,366,003
——3,489,826
income
3,304,251
79,355
22,356,453
15,793,864
The
686,264
661,212
pared
...
82,787
——
3,224,890
3,207,039
1,385,642
■
1,200,000
20,470,189
200,000
income—
166, p. *1054.
Panhandle Eastern Pipe Line Co.—Definitive Debs.—»
North American Co.—To Allot Potomac
Elec.
as
„
15,132,652
any
and sinking fund account
("Newark News.")—V. 165, p. 941.
Com, Stk
The company proposes to distribute to Its
stockholders slightly more
than 90% of the 2,073,113 common shares
of Potomac Electric Power
Co. which it will receive under the
liquidation plan of
its-subsidiary,
Washington Railway & Electric Co.
-
Tbe
plan;
liquidation
effective
distribution
Oct.
with
1.
North
the
of
the
the
plan
Commission.—V.
Railway Is
American
SEC.
:
August—
Gross
Net
Net
.
ry.
From
Gross
railway
railway^—J-_
oper.
from
from
Net
ry.
Co.
has been
This
166, p.
was
expects
declared
revealed in
762.
"
to
expected
p.
'
1944
'
$918,406
370,018
income—114,330.£ '52,182
76,565
railway——
income—
;
.
^
a
5
$1,133,309
521,641
'126,583
"
6,805,788
„
5,523,020
8,406,099.
2,697,726".
1,438,728
3,810,083
3,747,365
832,960
779,686
1,150,653
952.
.
352,703
.
.
}■>
.
8,640,561
special- meeting
sider
authorizing
Present
out
be
of
an
asked
stock
The
the
for
authorized
to
approve
sale
to
proceeds
payment
Atlas
of
an
Corp.
Northwest
of
stockholders
issue
capitalization
of
issue
a
was
been
to
of
the
new
to
plan,
be
a
Oct."
20
to
reserve
shares
of
owns
*
con¬
common
p.
may be applied in part- to
notes which are held by the
374,
common
stock
•
*
:,jj
h
Sept;
30
that
the
<1
Vth
v.**15*' *
j
recapitalization
of
to
prior
$3.50
holders
Oct.
preferred
a
share
of
stock.
the
on
record
31.—V,
6%
Oct.
166,
p.
2.
In
plan
than
their
shares
for
with
the
accordance
stock
The
has
more
has
been
exchange
two-
declared
offer
will
858.
in.
A
Carmichael, Executive Vice-President since Jan. 1, 1946, has
President,. succeeding C. Bedell Monro, resigned.
Mr.
elected
however,
new
will
executive
remain
committee
on
the
board
of
directors.
elected on Oct. 1 comprised of:
Va/, Dewey F. Gruenhagen of
Minneapolis, Minn.; George R. Hann of Pittsburgh, Pa.; Charles H.
Murchison, General Counsel for-the corporation; and Mr. Carmichael.
—V. 166, p. 1258.
•
1
'
1
•
" J
'
'
J.
C.
Herbert
Bryant
of
was
also
Alexandria,
.
,
^
Philadelphia Electric Co.—Weekly Output—
The
issue
100,000 shares of
-
Pennsylvania-Central Airlines Corp.—New Pres.* Etc-
•
-
preferred
Airlines, Inc.—V. 166,
100,000
on
,
convertible
dividend
J. rH.
been
" " ~
held "on
I*-*
v
effective on acceptance by holders of
preferred stock of an offer to exchange
payable Oct.; 11
make" the
shares
approximately $900,000
The latter also
6%
5%
new
application
of
proposal
announced
declared
thirds
effective,-sub¬
an
of no par preferred stock.
500,000 outstanding - common shares
of 2,000,000 shares.. Stockholders
also Will
employees.
of
will
85,000
consists
i
^
be
Northeast Airlines, Inc.—Plans
Preferred Issue—
A
1945
.
256,057
railway—
oper.
166,
322,901
1—^ v
Jan.*
Net
—V.
1947
""
1946
$874,002""
$790,809
'
from
from
*
,
t
Peabody Coal Co.—Plan Effective-
Monro,
Is New Orleans- & Northeastern RR.—Earnings—
York Trust -Co., 100
Broadway, New York; N. Y.', is pre¬
definitive serial debentures in
exchange for outstand¬
deliver
remain open'until
Washington
promptly after
ject to prior approval
filed
of
New
to
ing temporary debentures.—V. 166, p. 1154.
it
declared
for
debt
60,256,401
8,912,401
Cr797,559 Cr6,533,197 Cr6,134,330
Z?rl8,907
Rrl23,016
Dr138,590
Cr721,986
Balance Of
B
bonds
1.
call
,VM
;
84,497,061
It
purchase
*
^ I ■■■'"-
2,957,011
Sink. & res. funds appros,
Misc. appropriations
—V.
1947—B Mos.—1946,
.-V:'
5,767,700
revenues
income
on
^
■
13,408,620 106,976,643
8,114,070
70,263,557
8,955,587
ry,
Net
balance
the
of
1.
7.
principal
Int.
set
preserve
,As tp approximately $96,000 in class A bonds not deposited to date
for exchange, or heretofore paid off
by the indenture trustee, the
trustee
499,407
Ry.—Earnings—
accruals
Total
vv
order
until
from
authorized by Mr. Stein last April
was
1,237,986
426,786
oper.
ry.
tax
Other
The order permits
payment of 2 '/a % per annum interest on approxi¬
mately $1,350,000 in class A bonds that have been deposited with the
for
1,085,097
-->--
expenses
oper.
Net
by the Court of Errors and Appeals.
company
596,462
'26,975
-V.';■
\
order
an
5,574,655
I":
operating income—
Equipment rents (net)Joint facil. rents (net).
payment
5,260,287
200,158
•
oper. revenues-..^-
Net
Interim
90,288
5,239,978
891,116
income
Ry.
Pay-
53,885
5,700,421
railway—
oper.
y'y
Ry.
,
$761,020
.208,674
; 132,424
32,997
.
1—
railway
Norfolk & Western
New Jersey Realty Co., Newark, N. J.—Interest
Ui'V
1944
$634,452
108,834-
*29,364
Period End. Aug. 31—
ment—
O
166, p. 1257.
•"•.v.'/*';
Ry.
Ry.
264'7.
1945
-
$709,269
48,908
income
Jan.
from
p.
■■
1946
$699,295
railway
oper.
From
Gross
—V.
1947
from
Net
162,
.-i>
••
August—
Gross
below.—V.
Inc.,
Co.,
'
Southern Ry.—Earnings—
week
of
electric
ended
6,344,000
—V.
166,
p.
output
Sept.
27,
kwh.,
1258.
or
of
1947
this
and Its subsidiaries for the
to' 137,119,000 kwh., an increase
company
amounted
4.9%,
over
the
corresponding
week
of
1946.
THE
(1360)
12
1947 V'.Ww*
Cross
from
Wet
from
Wet
ry.
JNet
1—
288,654
8,004,012
7,591,411
8,435,311
,809,790
817,408
773,757
2,226,035
1,096,027
*856,557
378,136
,618,389
736,094
underwriters.
981,247
699,080
431,566
166,
|EST),
and
first
Of
1970
to
an
Available
in
Interest.—V.
166,
•
/•
V''
V'
'•
Net operating revenue
income
Gross
v
interest
other
and
inventions
projection television "system
Provision
dividends
preferred stock—199,281
on
surplus
-
:
the
with
1947—Month—1946-
company
revenues-
$3,381,592
ftailway oper.
expenses.
2,564,660
2,468,645
816,932
384,502
.596,791
569,410
operation
JSquipment and Jointffa-;,
cility rents —-—-—*_
ry.
Other
income
$702,316
.
$380,158
..
,10,737./..
-
Misc.
$713,053.:.
-
2,089,000
1,332,177
$4,668,654
19,249.
deductions
Net
$6,135,813
Net
ry.
—•V.
Federal
-
"come
'W
Fed.-
exc.
232,164-
27,373
$3,760,386
$1,796,091:
fc.
$373,354
346,209
^Includes $129,745
months
of
1946,
Net
&
surtax.
1,866,000
taxes.
profits
and
credit
$671,465
in
I
—
income
income
Gross
858.
4-
.
'
.
$4,279,386
$7,203,289
$6,369,956
449,166
income
other
&
35,826
636,287
75,342;
$7,839,577
and
$6,445,298
1,293,262
2,247,060
Steam
B.
been
JPresident
be
regular
declared
on
2.
An-:- initial
Prov.
Eberstadfe
& Co., Inc.,.
formerly ViceRochester,
N.
Y., has
which
15,
distribution
followed
was
like
of
amount
another, of 25 cents
by
July
on
expected
A.
705.
>.
v
.
r
The
will
be
used
49,349"
674,676
to
increase
and
improve
pany's transmission and distribution facilities.—V.
166,
71,755
999,211
1,355,029
1,193,949
$166,395
$297,644-
$3,611,320
6*,789
$4,046,311
incmne-.-
'em—— —
1947
1946
$6,806,9515,423,639,
•
L.
.24,000
;
.
-v
$1,383,312
391,226
$1,383,417)
1
472,030;
■
+-V. 106,
<*.'•
.y
require.
:
"
$176,091;
,
28,560
:
28,475
>
There
Ity.—Partial Redemption—
have been
12 Months Ended June 30—
V
1
*
of
\
V7;
;
$0.10;
;
^
y
oqtput
'''J.'
'
$2.57
$0.21/I
^
:"C.
J
■
193,449
Deiir"ecfatibn>
taxes
Other
157,926
oil
taxes
136,500
incomeL,.
oper.
2- ■'
'
$2.04
■); X
'
iX*
'
'
I'-
^
\
*"'•
1947—12 Mos.—1946
Other
inc.
Interest
net
is
-
197 ,545
702
2,307,834
Net
income
pref.
divs.
$5,033,182
687,500
$413,536
$379,308
•_
Balance for
•
•
-
paid—
1946
:1947
Maintenance
67,076
—.
takes
General
For to
.:
r-.---
Rico
income
taxes—
Retirement
reserve
297,052>
373,172
'--iWww-iwWW-W)
-
$568,688
accruals
21,730
12,553
~
_
39,353'
com.
r
at
.
--
31,619
38-,659
Gross
Income
$74,335
;
-
6,022
$136,490
*'
deductions
oper.
—V.
Income
164,
p.
1
•
$113,746
.
339,791
expenses
426,000
2,249,761
....
Operating taxes
$7,281,196
$3,185,793
1,835,714
254,838
287,806
454,690
.
S-
Maintenance
-
4,405,887-
^
Providence
ters
With
The
IpEC
(R. L)
SEC—
company
covering
cn
Sept.
100,000
.
Washington Insurance Co.—Regis¬
653,366
370,246
874,289'
13,692
33,350
income
$316,589
$419,388
<5ther income (net)
47,907
$704,002
,
97,910
Operating
25
filed
($10
a
registration
par.)
.capital
statement
stock.
with
the'
Underwriter, '
—
.
Stock
Cleveland.
of
Net
were
incorporated
Dec.' 31,
Street,
were
merged
Cincinnati,
-
was
acquired
Ohio,
by
was
the
incorporated
in
Ohi<3»
Jan.
2,
1947.
on
company
<
;
v.
,
.
.
•
.
in the,; manufacture and sale
of the
self-storing combination window, the Rusco all-metal
.
sash.
These
products are
"Thermoseal"-and "Ciqco."
sold
window
-1
1.
46,114"
$364,496
354,358
.
who
in
turn
sell
screed
names
-
trade
.
exclusive
territory
company
of
for
the
Rusco
windows, 53;
for Rusco
and for Cinco windows,
the
.Rusco
in
the
awning
of:90%
the
ot
located
are
'•
throughout the Midwest
excess-
sales
and
the
northeasfeim
far west
as
located
are
north
of
in
awnings
portion
the
a#ning,
Ohio
the
River.
parts-of
Cirtc®
States*
<
.
sales,
' ,
Distributors*
the'
arid
east
area
Export
negligible.-'
are
find
United
the
of
Salt Lake City.
as
all-
in
Is
Thermoseaj'
awnings, 27; for
13.
Thermoseal window
of.the 'sales Volume in windows
volume
Rusco
■IJ
r>X-
t
Common
country.
than
more
the
of
which
In
75
Mississippi
consist
"
.
01H5)
<>
.
,
•
*
'
X
•-
*
•<
-
-U'jf
-;
:
(pftf $100)-'*^—U-'*
(pa£ $L)
—^
to
$1,168,944
96,186)
irrevocably bound.to
purchase
shares
143,132'
income
165,
p.
*
$111,309
,
35^193
$97,067
$452,797
"5,226shs.
.
stockholders on
Corp.—Recapitalization Approved
Sept. 30 approved a recapitalization plan
be
changed
each
165,
into
one-half
of
from
common
the
share
on
of
Oct.
p., 2929.v
share
of. class
share
of
y--—.
s
B
new
class
A
common
The' underwriter
is
accept delivery of the
purchase the
at
common
stock
stock
y
but
has
agreed
Shareholders not more», than
Il3,67S
purchase price of $8.90 per share.
• W
a
Under
no
firm
commitment
to
purchase
stock.
common
or
(kS
j<
Year End.
2
Mos.Entf;
■
-.r
sales, less
Cost. of
Apr. 30/47 June 30,'4"?
$8,331,432
$1,467,62'#
returns
and
allowances^-
sales
5,537,830;
Selling, administrative and general
Provision for doubtful accounts
Other income
and a
stock,.
467,971 She:
selling
stock
'
Total
Other
773,949
expenses—
for
1
;
Federal
taxes
1,055,882
152,113
595
$1,997,011
$259,030
•
on
28,592
$2,096,138
$287,620
141,417
—
charges 7:
:
22,640
i.
.w-L--.--.---w—99,127
income
Provision
stock will become'
new
class B common stock, the changes becoming
1, according to Charles A, Gerhardt, President.—
outstanding
5,226shs;<
.
550,000 shs.
3174.
Railroad Employees
The
i
^J-3
V.Authorizfed\ • ^ Outstanding
stock
stock
'
Cleveland,-1.4
not
827,426
•;
,
are sold by it to franchised dis*
distributor-appointed dealers in tht)
and
directly to the consumer.
At,
has * outstanding the following fran*
to
time
present
window
•
$1,265,130
$801,912
812>333.
704,845V
$465,502
$10,138
deductions
effective
V.
insulatiort
aluminum
the
under
Operating profit (loss)
will
Registrar:
of the comPany's products
Gross
Income
and
Offered—*
."
.
Bank
,
one-half
shares
42,980
$70,12$
r
City
Distyihutors. of the Rusco-windaw-,
3,590,792
505,074
433,005
change in the corporation's name to Employees Credit Corp.
Under the plan each outstanding share of class A
common
2734.
19,979
'
216,503
•
;
$35,623
awning and the Themoseal three-in-one
through Its Cincinnati subsidiary, the Cinco
windows, 37,
$6,668,372
73,407
Income taxes-
.
Ended.
Cleveland.
the
25,416
$54,690
of
distributor's
1947—12 MOS.—1946
1947—6 Mos!—1947
$3,662,329
revenues
Depreciation
-
Wet
9 Months
Manufacturing Co. tias a wholly-owned subsidiary^
screen Co., which for many-years has been totall#
v.v, .<
;
tnbutors
687,500
Queens Borough Gas & Electric €<*.• -Earnings
$139,162
25,667
—
.
company.is engaged
storm
River
Perrod End^ J'un^ 30'-^*
2j672;
$80,357
Bank
named
Gest
all-metal
I
*
—V.
income
■
'•Rusco; '
^^-^: H345;63^--$4,168,723
6ross income
income.
Ended
Venetian
'
Utility operating
•Other income—net
>
National
,
1632
The
and
2,286,786>
.
3 Months
CAPITALIZATION AS OF AUG. II, 1947
20,542.
common,
166, p. 954.
44,326
-
the
BUSINESS—Company, an Ohio corporation, is thl
resulting from a merger of four corporation^
1946j:j under the laWs of Ohio and Maryland.
One
first
Cincinnati
and,
.
stk.
and surplus
•*-V.
of
23,001
Manufacturing Co.
10.
1944,
and
pinpinhatL Fly
$4,856,223
-
30,
inactive.
61,274
85,479
188,173;
taxes
-'X;
The
March'10,'1894 and
$7,204,283'
$7,426,495
$602,411
3 ,504
amortization
deducts.,
&
shares
May 31,'47 Aug. 31,*47 Aug. 31,'47
$979,152
$670,354
$1,649,500
57,503
55,602
113,103
taxes.
May
The
3,416,180.
3,642,704
292,837*
$580,,357
revenues-
& Co., New York. The 50,000
officers Of "the company.
50,000
corporations, the F. C. Russell Co. (Md.) was incort
Maryland March 3. 1937.' The others, the Thermoscal CO.*
Welding & Manufacturing Co. and the Triple Service"
in
chises:
Net
and
in Ohio on April 20ii1945, > respectively.
The
three
into the Triple Service Window),
Manufacturing Co., the name op which was changed by the merged
to the
F.
c.
Russell
CO.
The
company's wholly owned subsidiary*
the Cincinnati
Manufacturing Co., Whose principal executive office
$2,407,133 $31,271,892 $29,364,650
1,003,701
13,627,250
11,701,637"
177,774
2,537,589
2,098,090
148.410 >1,827,350
1,706,948.
182,000
2,210,504
3,237,512
311,461
——w-a.-
^Reynolds
by
employees- aim
preferred
merged
1945,
(&- Sttbs.^Earnings
1947—Month—1946
1,162,819
Pa.~i*
Youngwood,
corporation
corporations
the
$2,542,512
Co.,
Diamond
Window
...
Engineering & Service Corp.—Output—
of
Controls
to
the
•.
City
AND
April
porated
the
.
858.
P.
Operating
;
$588,220
•Operation,
2,227,132
$34,502
Agent:
the
-.■■■;-'/t-.---fir
:■■■-
Operation
Total
Co.—Earnings—
2,196,713
Russell Co., Cleveland, O.
as
$1,424,560
$147,616. $1 ,'793,942
$67,464"
'
Maintenance-
purposes,
Porto Rico Gas & Coke
2,121,219
.
Federal
consolidated
$2,094,108
569,548
$2,137,346
343,404
sh.
'
drawn for redemption' on Nov. 1, 1947, for sinking,
$17,000 of 5% first mortgage sinking fund gold bonds,
fflue Nov. 1, 1951, at 100 and interest.- Payment Will be made at the"
First
Portland
National
Bank,
successor
trustee,
Portland, Me.—
V. 163, P. 2164.
; 4v:
'"
;
1,912,512
Ended
357,896
•
Puget Sound Power & Light Cu.
Prior
L Portland & Rumford Falls
13,685,232
Co., Richmond, Va., parent of the registrant^
remaining 500,000 shares, of common.
Proceeds will
obligations.
pay
HISTORY
of
fund
10,655,103
profit
Rusco
' $9.11,387
1154.
p.
5,674,695
Metals
National
and
$178;452
to
Transfer
"Si
1,017
$569,678
income
226,650
25,C16,94|jr
4,898,723
offered
the
873,200-
:
);948',200
^5,200
;
-
•
297,252
23,182,472
1
operating. companies .served by this corpo¬
ration
for the week ended
Sept. 27, 1947 totaled 230,233,000 kwh.,as
compared with 169,908,000 kwh. for the corresponding week last
year, an increase of 35.5%—Vv 166, p. 1258.,
~
r '
.
Wet
311,281
V
offering
of
www:
'
|
$96,024
div.
outstanding
!.
Fed.
$568,661
—
'
Balance ; —-Ww-W—
Earned per common
,c
.,.7,647,004
>
$3,019,30Qt
1,440,16$
17,848', 159
sales——
The
$4,064,461
739,257
$3,618,109
532,563
52,625;-
;
$8,215,665
;
973,037
>
the company.--
18,150
$313,916
44,962
-
income
stock
16,272
iDrl,409$164,986
Public Utility
com¬
858.
p.
income
(net)
Period End. July 31—
Wet operating revenues.4w—*-?wOther income (net)
1944' s
1945
$2,522,699
686,135
Cleveland, on Sept. 16 offered at $10
share 113,678 shares of common stock (par $1).
The
shares offered are being sold by certain, shareholders
and none of the proceeds of the sale will be received bV
860,025
106,112
income
Operating: rfevenues-l'i12 Months Ended June 30—
1946
$2,123,292
•
per
84,335
deducts..
' ':'w- l-'■
''X5' X"
;
.
.
McDonald & Co.,
123,988
depreciation-
taxes
Electric
the
be
is
(F. C.)
623,825
taxes .on
Fed.
.
Proceeds
47,648
•
deducts..
mm
plans to sell $6,000,000 of first mortgage bonds, due
competitive bidding, according to an application filed with)
at
SEC.
1947
will be underwritten
used
1,233,024
2,723,873
-^V. 166,
if there are no appeals.—y. 166,
conjtpany
£977,
,
—V. 166, p. 375.
$913,956 $11,448,641 $10,681,007
$984,886
"
■
Orei, Sept! 23 confirmed the
portlfind General Electric COrfr-To Sell Bonds—
the
Sept.-, '26 innounceft
had been with*
'
on
Sept. 26 filed a registration statement with th<*
120,000 shares of 4%%
($25 par)
cumulative preferred
($1 par)
common
stock; also 300,000 shares of
for conversion of the preferred.
All but 50,000 shares of th«
will
Net
1,991,023
&
Net
{^organization plan for the company. ' Under the terms of the plan,
become effective in 40 days,
on
company
>
,
.
2,817,382
other
>
t would
*
-
213,128
Net profit before Federal
179,848
oper.
Pfd.
Fee at Portland,
-
shares
Reynolds
Net
*
-
209,248'
Non-recurring
15.
Portland Electric & Power Co.—Plan Confirmed—*
Judge J.
the
6 Months
1947—12 Mos.—1946
1947—Month—-1946
Gross- income
Int.
lUstory.—V.
Federal
i5
,1
322,416
for
-
Net
be the; best in; its
to
v
240,104
Non-oper.
are.
the
.
(company's year, ending .Nov, 30, js
166; p. 375,
f
sell
Period—
power;
General
made
was
was- also announced that
"sales backlog and shipments
running
at
a
record
level
aiid f the" final
quarter
of
wow
166, p. 1258*,
Mirguet,
quarterly
Oct.
May
j-It
P.
C.
1945.—-V,
Maintenance
Manufacturing Co. of
.Vice-President of
Plymouth
Rubber
Co.,
Inc.
c
dividend
of 25
cents
per
share has been
the
common
stock,
payable
Oct.: 15 to holders of;
A
•an
of
.
Rudy Furnace Co.—Earnings—.
$5,592,516' '$4,197,636
$3,021,949
oimration
a
•
record
and
Hickok
of
elected
f»een
director
a
Joseph
Vice-President
Conway,
elected
com¬
yU'x
company
offering
generat'n & pur¬
chased
Plymouth Rubber Co;, Inc.—New Director, Etc.—*
Edward
•
and
A
-
2,247,662'
$ervic^ ,Ga. i>f New Hampshirc-iH-Earnings-r y
JPublic
The certificates will carry interest of lVaYc to 3$ and will ma¬
p. 1154.
pas
$3,432,845
—
Beriod End: Aug; 3f^y ■
Operating revenues—
Other
;
ft
16,415,125
.income—
Provision for
ture in eight years.—V. 161,
*:.
V.
covering
Company
$4,315,212
«$4,718,980
1,286",135
deducts..
debt refunded in
application of the.trustees tp.sell from $l,897,000j,to $2,250,000
car'trust bonds to five banks has been approved by. the SEC.. Pro¬
ceeds will be used,, with company funds, to purchase' 100 new street
jB&rs.
to
*
income
550,000
common
$4,269,813
(net)—
Net income
The
i
.
J.
General
y
J !'VVVK:Av
.
$1,906,684
530,325
railway—
railway
oper.
common
2,500,000
.
provision for Federal income; and excess profits taxes) of
gas, water and ice properties for periods prior to dates of sale
in
1945.
7For portion of premium and expense applicable to long-term
Ap^oved—
Pittsburgh Railways Co.—Sale of Ctfs.
Financial
offer
X
and
,*Before.
,
carry-j)ack adjustment.—V. 166,
to
company*
board;
Executive
Vice*
Vice-President; Walter ■ HA
Fredericksburg & Potomac RR.—Earnings—*
railway—
SEC
——
charge
oper.
Other
4086,028"
2,301,965
in August, ,1946
due
(I
166, p. 955.
The
normal
in*
taxes
tDeficit,
new
the
Registers with SEC—
90,600
—
4
Hirst .eight
of Lynwood, CaV
the
of
T. ; Arden,
Chairman1; of' the boa^d,
Robertshaw-Fulton
$6,139,386 $10,211,289 $10,459,956
1,860,000
3,008.000
2.223,000
Ur633,000
income
oper.
Inc.
•Includes
Jr.,
of
Chairman
-%H:
oper;
shares
27,790
3,406 v
$313,023
$565,926
—
President
household, automotive, industrial
railway
from
is
Wet income
for
from
Net
$2,056,045
—
3,404
iy.
$6,139,386 $10,211,289 $10,369,356
$6,135,813
income
oper.
Fed.
150,122'
-
$399,407
$4,785,077
;
82,978..
997,318
143,723
Total fixed, charges—
from
'
$1,905,923
116,423
-
.
combining five
subsidiary of the
Proiri Jan. l—
2,394,103
tSpecial
"Total income
mergers
?
owned
*
1,282,513
•Net
income.
.—I--
oper.
Reynolds,
controls
ni on
August—
from
Gross
miscel.
Total
"^r Wet
elected
Reynolds,
Vice-President;, T.
Reiyriolds,
Net
1,653,072
>2,880,253"
^
S.
automatic
Net
2,995,095
1,469,134
of
wholly
a
Sccretary aud Treasui'er; and Walter L. Rice,
Gross
>
Cr565,066 Cr4,644,738 Cr4,709,621-
Cr482,175.
■
ACCOUNT
-1,921,136 '
&
merge*
A.
Rich
842,387
taxes———
R.
S.
the recently.: disclosed
drawn.—V.- 166, p. 1258.
:
local
a. series
.
each
been
R.
that
1,710,450-
Federal
:
the
Reynolds Ben Co.—Sale Offer Withdrawn-*-
1,138,920
•
has
are:
Executive
^Miltoif
1,773,345
depreciation-
by
The companies merged were: Robertshaw Thermo*
"i
Prov.-
for
Co.
11,471,521
4,243,651
4,219,735
-
of
1
INCOME
Controls
mercial, use."—V. 166, p. 859,
Maintenance
rail*.1
operations
•Railway tax accruals..
revenues——
purchased
Other
State,
fr.
revenue
way
$2,203,971
-
-1947—7 Mos.—1946
^
the board pf directors were: R. S.
Reynolds (Chairman).
Robertshaw. J. V. Giesler, T. T. Arden, R. S. Reynolds Jr.,
G. N. Mynderse and Thomas F.
Staley.
r-•
, • •.
J
"The purpose of the
merger;"- Mr. Robertshaw said, "is to integrate
the development, manufacture and
merchandising of a complete lintf
-1947—12 MoS.—1946
$17,617,970 $15,632,448 $29,358,868 $26,603,303
933,127
733,600 -1,461,162
1,277,305
6,167,630
4,924,112
10,376,083
8,334,317
July-31—-
wiia
Elected' to
John
;
Power
$17,141,826
20,119,448
18,613,347
$2,853,147 $24,363,099
Oct.
on
culminates
companies*
olficers
Counsel'
Indiana,r Inc.—Registers with
COMPARATIVE
Period End.
Operating
1947—8 Mos.—1946
.
oper.
'
Robertshaw-Fulton
this
Robertshaw
President;
filed a registration statement with the
SEC covering $15,000,000 first mortgage
bonds, series G,. due 1977.
The names of the underwriters .will be supplied through competitive
bidding.
About $4,000,000 of the proceeds will be used to reimburse
the treasury for expenditures already made and the remainder will
go for additional construction requirements.
•,
•
The
•.
'
.
of
wast
of
gies er
199,270;
;
-
$2,346,258
——--
company
employees
Thermostat, Fulton Sylphon and Bridgeport Thermo*
was announced
on
Sept. 25 by John A. Robertshaw.
Louis- Mo-« and Grayson Heat Control, Ltd.,
ilzf
$2,403,242
$2,545,539
for
Balance,
•
are
Pittsburgh & Lake Erie RR.—Earnings—
.
Co.
Other
$3,388,316
'
985,074r
1,794,382
charges
income
of
Youngwood, Pa.; Fulton Sylphon- Co. of Knoxville, Tenn.f
Bridgeport Thermostat Co. of Bridgeport, Conn.; American
Thermometer
•'
•
Net
of .The
companies,
said
that
stat
131,610
$4,339,921
—„i—
salaried; employees of. the
and participating
166, p. 1056.
company
cost.—V.
Reynolds Metals Co.
$3,256,706
v
104,971
'
Total
Electric Corp. have already'been ' licensed to use
these Philco"
patents and inventions, according to Mr. Ballantyne.—V. 166» p. 763.
-
" "'i
t
i-
$4,235,050
income
Jhouse
Wet
'■
j,■:
-
„
for
the
long-established
\
and
patents
j
i
stat
who
,
.-V-V
plan
Both
its
am
to the first Tuesday
of the Robertshaw
1946.
!
<
to
Formation
:.
Mi.
Philco
Period End. Aug. 31—
approved.
.
1947
.
Other
micro-lens
fecteen, which is widely regarded as a major 'advance in the television,
<ut, and a new method of playing records which is incorporated in
fthe Philco 1201, said to be the largest selling radio-phonograph ever;
produced.
t
v
•,<*.:
*;•
*•**,;'
The Radio Corp. of America, the General Electric Co.,- and Westing-
v;
'
a
special meeting held on Oct. 1 approved
by-laws '.changing the date of annual
meeting
Reynolds Metals Co.—Five Subsidiaries
Merge—
$14,892r421 $12,691,079
•
7,128,820
5,405,752
1."
766,896
569,235
Provisian' for. replacements
Z
- 857,861
902,519
TaxeSi (other than income)-%
——i
1,144,681 ;
980,398.
Fed4ra;l Aiidl State income taxes.!..
1-.... 759,112
1,576,467
v; :V
•
700
large-screen
jRailway
also
contribute
meeting held on Oct. 2x
presently outstanding cumula¬
special
the
retirement
retirement by redemption or otherwise.:
stock on
thus being
—V. 166, p. 764.
Wade available to the rest of the industry; Mr. Ballantyne said. .In¬
cluded among many; outstanding
developments ; are. the Philco Ad J
Public Service Co.
wanced' FM System, which is a basic new circuit with numerous ad- & ;
Wantages over older FM systems, the' electronic voltage regulator, the
.SEC— ■
•*;r ■
iPhilco
to
at
the
stockholders from , the first Tuesday in • April
—
resident.
?■".\* *
g:ceiver fields,.'•* it was announced on Sept. 24 by John Ballantyne,!/J
*'-y*
reference
operating revenues.:
Operating expenses
Maintenance and repairs__'
developments in. the history of
jfadio manufacturing, this corporation, which has led the industry in
jradio receiver sales every year since 1930, is offering formal licenses to
«ill set manufacturers to use, subject to royalties,, its patents and in*,
mentions in the radio receiver, electrical- phonograph, and television
Approximately
to
surplus.
and
Colorado1—Special Meeting Held
adjourned
an
all
Gross
of the most important
one
capital
CONSOLIDATED INCOME ACCOUNT
Philco Corp.—License Offer to Manufacturers—
Marking
increase
Copper & Brass, Inc.—Meeting Date
Changed
stockholders
amendment
*
6 Months Ended June 30—«
-
r
Revere
Th
publicly through
v
""
705.
p.
at
eliminate
to
tive first preferred
Co.', trustee, Philadelphia,. Pa., will until 12 m.
15, receive bids for the sale to it on or before Oct. 3L
refunding mortgage 3%% bonds,' series B, due Dec.'l,
amount sufficient to exhaust the sum of $79,113 (now
the
sinking fund)
at prices not to' exceed
100 and
Oct.
to
*
<
stockholders
The
\iot»d
Trust
Girard
TThe
^ill be ' offered "for sub-.
new
share for each
.A
954.
p.
used
be
Monday, October 6, 1947
one
631,321;
Philadelphia Transportation Co.—Tenders—
|
will
Proceeds
fePublic Service Cfc of
railway
oper. income—
CHRONICLE
Unsubscribed shares will be offered
•-V. 166,, p. '954,
*
railway
♦Deficit.—V.
$1 ,827,926
311,177
from
flet ry.
three shares held.
$1,577,752
558,547
income—.
Jan.
from
1944
& 1945/r
$1,516,767
!;
598,295
railway
railway
oper.
(..From
Cross
$1,619,111
1946
FINANCIAL
&
First Boston 'Corp;;" NO# "York.' The stock
scription to stockholders on the basis of
Pennsylvania Reading Seashore Lines—Earnings—
August—. :
COMMERCIAL
25,327
;
income
741,200
92,800
$1,213,521
$169,500
common
'•
'•
,
Net
/
'
profit
•
"
""
(Continued
on page
47)
166
Volume
COMMERCIAL
THE
Number 4635
"
Stock Record
&
FINANCIAL
CHRONICLE
(1361)
New York Stock Exchange
«»
DAILY RANGE OF PRICES
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSUE
LOW
/.
Saturday
Sept. 21
I per
shar&
$ per
105
*85
•85
7%
55
16%
17 V»
17%
-•48%
50
36 %
37
36%
7
29
29%
Acme
'
36%
37%
37%
7%
7%
7%
28%
29 V8
28%
105
105
4,300
29
20
'•
CLOSED
3%
'
37%
33%
♦95
33
100
185
20
33
•
<
98
98
•
-
1
43% Apr 19
13% May 19
Air Reduction Inc
Alabama
&
47
8%.
•
.8%
*69'A
.v
70%
*11%
>
12
>
40
51
68
:
*21%
A
11%
6%
50
•
A
78%
83
5%
•5
•
102
■j *70%..
•107%
109
5
*19%
22 %
70%
69%..
70%
11%
•11%
12
11%
40%.
41
39'A
39 3A
5
■
84
83%
44%
44%
45
7,101%
102 >
23%
23%
108%
108%
•107%
-
50
50
19%
19%
>
98%
.98%
44%
>98'A
44'A
98%
<
*107%
49%
20%
21
112%
99
45%
•;
29%
*14s/a
33%
4%
15 V*
33
20'A
*98%
113%
34%
♦4%
20V4
•
46%
113%
113%
32%
4Va
20'A
99
45%
113%
•14V*
15%
16%;
>•>.- 3 :>-v
3 Va
94
•92
■
>>•92
3,000
1
34%
93
16%
16%
82
80%; 81
38 V*
73/4
73/4
?:£ 7%
53
'
■
23 Va
12
•53%
>i
■>>;
7%.
13%
> 112
112
Saturday
Monday
Sept. 27
24 V8
99
31%?;
103%
104 %r
10%
16%
38%
38%
59%
60
34,
25
...
1
283/4
141
283/4
7 *io
103/a
28 3/4
33 %
•41
•
-
•130
;;
33
32
104
14%
32'A
39
39
383/4
39
39
..
■' 167
343/8
39
.
603/4
62 Va
163 %
146%
146
29%
>>"
>.'■
25%
*23
-
*25
26
*23
;>
;
*41%
423/a
131%
56%
56%
157%
157%
*41%
,
•:
42
.
;
56
30%
;
1577/a
72%
72'A
.7
157%
72%,
72% 7
>
49%
437/a
1543/4
50%
4 50%
118%"
14%
14%
143/4
32
A
*100%
45%
44%
103
V
i
92 A
99%
91
.
7
6%
66%
34
34%
61%
63%
?:> 43
43%
•107
108%
101%
♦
*101
45%
*98
*65%
;
34%
62%
AA
93%
>>
*6%
68
63%
-
42% ■43
♦107
53%
17%
■52%
52%
,17% V, 17%
12
*11%
3%
37/a
38
38
page
23.
A -*4
'■
>
38
38
,
.
..
157%
154
73%
73%
74V2
-153%
51%
153%
51V2- *52 Vi
118%
*118
II8V4
-
117
Oct
72% May
132% Mar
40% Jan
'
104Vi Sep
40
7
.'V
100
-»
,_1
common
' ^
*'
'
STOCK
Feb
13%
Oct
13%
Jun
0%
8
Sep
42% Apr
Jun
27
10
31%
10% Jan 2#
106% Mar
V
12%, Jan
92%
67/a
*66
63
-
7
* V"
'
*66
35%
7%i
'
7?
35%
62 %
r
111
8
42
20
108%
17%
17%
*11%
4%
4%
38%
38%
;
"
~
;
?
52%
53%
-
4% :
/
38 %
Co
v
Amer
Am
6%
10
Snuff
-
•
May 21
Deo
33%
39% Feb 24
33
Sep
•2
159
No par
25% May 19
23% Jun 10
21
100
:
?:■.■•":■
.
34
100
Jun
1st
Woolen
Conv
,Amer
•■•'.■
.
;;
■■•
V
29% Jan
X45
62
»
$5 prior conv preferred
Anaconda
Copper Mining
1 1
25
50
1
Andes
1,609
800
Clayton
A
Copper
&
Oil
Mining
P W Products Co
38% Oct
4
•
>
.
150
T
•00%
Oct
.
174
Sep
48%
Oct
78
July
May
116%
Sep
121
Jun
8
13%
Oct
28% Jun
102%
> 70% Jun
58 % Jan
1/4 Sep
50% Feb. 13
29%
Sep
Jan
13
100%
Deo
68%'Jun
5
V 5% May 19
103% Feb
10% Jan
13
6
69 % Apr
62
May
2
30% May 19
42
Mar
182%
Sep
16%
1
64
Deo
60
5
35
Oct
61%
May
Feb
41
60%
Jan
30
Jan
4
38
8ep
Sep
108
Dec
16
15
15
16
3% Jun
17
43% Jan
20 Va July 24
Sep
58% July
Jun
106% Nov
7
63% Sep
51
:
110% Feb
87% Deo
111% Mar 10
108% Sep 26
Apr 29
Jun
99% May
: 100% May
3
163% July 23
110% Feb
30
Feb
67% Apr
.•
76% Oct
12
No par
Jan
159% NOV
73
147/a Apr
Archer-Daniels-Midland—.
V.*
5
46% Jan
5
-v.
5
21%
Inc
Sep
47%
\
4
Corp—10
20
Co
8ep
138
24 ;
Aug 20
18% Feb
12
Anderson-Prichard
24
7
2
May
38% July
88% Feb
168
Apr
29
106 Vs Jan 30
<•
15
Anderson,
Apr
43
120% Aug 12
.•
18
40% Sep
100
60%
25% Dec
84% Feb
16
45% Jan
—
27% Nov
«
82% Feb
19
No par
Cables
172
>
174% Feb
Apr 15
Anchor Hock Glass Corp com—12.50
$4 preferred
No par
&
Apr
60% Feb
Jan
May 23
90
No par
com
191
■
xl00% Sep
26% Jan
100
Smelt
Jan
146 Va Feb
149% Jun 19
62
No par
&
8
*
61 Va Apr
common—No par
prior preference
Zinc Lead
Feb
160
28% July 24
May 19
25
—
37
v
May 20
Anaconda Wire
40
-
.
May 17
116
25
preferred
6
Aug
Feb
Apr
73% Jan
Oct
34% Deo
5
Jan
165
-
•
,
100
common
40
3
?40;
Tobacco—No par
Mai
158
2
20
:T45% Sep
172
May 19
143 % Oct
10
64% July 28
July 17
May 14
,
33
100
No par
•■•.»..
27
48% May 19
V
25
:
Jun
-
$6
Feb
34
class B—
Preferred
495%
■
Feb
Feb
42% Aug
106% July
Sep
1,400
;
109% Feb 24
23
Jan
14%
6% preferred
100
151
Apr 17
American Viscose Corp common—14 i.
41Va Mayl7
5% preferred
.-100
1167/a Jan
9
Am Wtr Wks & Elec com
No par
12
May 19
Rights'
1
A Sep 30
American
"27%
19
—
'/
123% Aug
186
4
—No par
Co.;
Tobacco
Common
7
Jan
12% Nov
*173% Nov
16% Feb
22% Feb
American Tel & Tel Co
American
37% Feb
Jun
9% Aug 25
common—No par
••■>
7
25
Apr
22%
15 % May 20
—No par
Foundries
•<■••
99
88%
21
Feb
Jun
183
Jun
60
_5
common
Sumatra
17
21
Jun
July
133% Aug
No par
preferred—-
Steel"
Jan
:
24% May 19
100
:
117% Feb
May 19
11% May 19
Jun
17% July
10 Va Sep
07% Jan
100
non-cum
American
Sep
34%
Preferred
American
163
Oct
21
Co
Refg
11
24
com
Ship Building Co
&
7
24
Safety Razor.
Smelt
133% Deo
16% Feb
90
4% %
43%
Odt
39 V* Feb
176
American Seating
25 V*
129% Feb
No par
American
45 y* Mar
106V*
23%
•?
July 17
14% Feb
Oct
Nov
28% May 27
2,690
V
147
I per share
12% NOV
?
9 Va May 19
100% May 19
preferred
—..
15,100
v
1
$5
Rolling Mill
conv
preferred
21%
V. 98
No par
com
American
3
2
No par
—
Light
15
32% July 17
9
10 Va Oct
Mar
Highest
,
$ per share
15% Feb
25
Jan
119
Year 1946
Lowest
28% Sep
101
Jan
19*
Sep
134
1
Co
&
10
x25% May 19
Amer Rad & St San'y corn—_No par
Preferred
100
12%
38 %
9
May
16% Jun
10% Jun
44% Jan
Sep
•
$ per share
$ per share
94% Apr
No par
118
Range for Previous
Highest
18 % Jun
No par
531,100
17% .2,600
47/8
■
preferred—,
200
1,800
.
42%
*107
Par
Jan
Nov
18% Mac
"22% Nov
10
Jan
Jan
63
9% Sep
-y- r
$6
4,700
;
:
63
42%
108 %
'•
12%
11% Mar
30% Ffeb
Apr
50%
8% Sep
99% Jan
31
110
Lowest
& Metals
News
Power
Amer
700
69
34%
12%
A ,:.-4%
American
7,800
/.vJuiV
370
45%
47%
22,300
*99% 101^
100
V 95 .;..-r 95'800
7V8
633/4
X42%
*107
92%
cum
American Molasses
.
69
347/a
,
46%
101
',' 3.90%
gy: 10,400
101 %
103
45%
•99
fy;C
44%
May
05% Jan
Deo
14% Aug 15'
4
129 y* May
118
37% Sep
0% Oct
44% Oct
8% JUly
55
X34% Jan
Range Since January 1
Fdy Co com—No par
preferred
—100
26% Aug
14 V* Jan
Oct
00
May 19
■
July
17% Nov
Oct
18% May 19
*1
76
"
Sep
16
110 Va Jun
"
11%
101 Va Feb-
3
Apr 23
9% May 17
'
v
18
May 16
12
Jun
Sep
100
90
100v
Jan
6%
"
25% Feb
'July 29
g
Apr
32%
108
41% Nov
j
6% Fab
5% May 19
•
Feb
34%
97% Dec
July 28
Jan
6'
6% Feb
Jan
100
17% Oct
20% Sep
115% Jan
49
Feb
Jan
21% Nov
''T-'
i
22%. July 30
American Metals Co Ltd com_No par
6% preferred
.'
100
*>.
101%
•101
52%
38%
Nov
96%
4
8
—1
American Sugar Refg common
Preferred
23,300
12
38
42
Mar 12
11
37
No par
American
587,700
63%
4
1
8.
Feb
Jun
79% Oct
1A
100
1/64
*11%
-
810% Mar
106%
"48% July 28
i43/4 May 19
50
Stores—
15 %
A''-' 17%
12
YORK
Amer Machine
600
56
73%
••
74
523/4
523/4
Deo
7
89% Sep
1
com
STOCKS
Stove
14%
7
43
:
-
100
American
rl/64
93%
108%
A 2%
par
10
300
42'/*
134%
157%
17% .173/4
;
.12
4%
62%
40
preferred.
American
147/a
35%
108%
79
17 y*
5
24
3% May 19
No par
No par
Leather
100
1/64
68%
43
108%
Inc
No par
800
•
14%
34%
Lines
preferred
Amer Mach &
2,500
:
:>■"
rl/128
32
♦65%
35%
51
118%
15
157%
73
.
•153%
:::
51
118%
463A
7
73
73%
101
91
52%
see
155
: 103
.
46
993/4
:;V 17%
V *10%
footnotes
72%:
rl/128
100%
♦65
For
118%
.
..
73
72%
1543/4
49%
%,■
6%
a a
*72
A
157%
'
A *98
♦89
;
♦118
15%.-
16
100 7/a
72%'
723/4
154%
49%
118%
14%
72%
72%
153%. 155%
•117%
157%
'
A"
1 ;.
EXCHANGE
60
s
1
;
23 Va
*55%
.
400
:
•
:,:v "V":"*: • 1
157%
20
-
common
•'
170
25
*
•130
134%
»553/4
6,100
343/8
25
23Va
42..
♦130
7
,,
510
'
146
29%
>24
131%
,
100-
Sep
184
Aug
102
44> Sep
9
1I2*
Sep 29
25% May 19
10
Jan
64% Apr
X137
1
26% Feb
56
Xl9% Sep 12
95V* Jan 22
10
100
Products
Home
NEW
1,500
62%
♦142
>>>,-
29%
24
41%
56
"•%
28% Feb 10
110 :
Feb
6
5
30
Oct
May
12
Mar
115% Jan
}
Dec
Oct
Oct
54% Feb"
May 21
Apr
45V* Jun
88% Jun
2
8
99
May 21
129
'
Nov
36 y*
Oct
196% Sep
15
com
—
non-cunt
7%
470
,
,5,200
165%
*34 Va
34Vt
145
29%
25%
"
12%
3
1
20% May 21
105% July 18
Sep
5
15
7% Feb
184% Mar 21
Sep
Oct
7
Feb
i. 82'/2 Sep 23
Tiling
American. Locomotive,
'
>39 >
-
165
.
.
143%
30%
134%
*55
■
17,400
18
62%
62%
165
34V4
146
'
24
61%
164
34%
30
25
/:
Xl63%
>7.*34
50
2
36
72 V*
19%
74%
Oct
S
133% Jan
17
94
25%
17% Feb
May 19
Jun
37/a May 19
•
—
105
104'A
17%
41%
*130
56%
,■
IOV4 > 10%
25
134%
19,800
33%
18
61 >4> V
9
Nov
-9
57% Nov
7
77% Jan
36 .: May 19
*125
49
American International Corp
American Invest Cfr of III
1,200
1,600
186
♦182
32%
105 >;>
1,000
25,900
99
-14%.
145/a
186
>
109 Va
98 %
995/a
14%
•182
200
11
103/4
108 %
10%
;/*: >"•' *23 l7
42
*55%
-
ll'/a
109V4
99
14%
2,500
34
33%
io3/4
99
600
r
17%
=-j
6%.
130
f
>
10%
10%
\ 29%
25
..
*10%
108%
'
..
141
*139
33%
3.100
28%
18
.
July 15
>
Mar 26.
Jan
80
31
19
preferred
conv
American Ice
100
9%
10%
60
6%
Shares
99%
9%
17
"
24
*983/4
93/4
10%
*146
29%
*23
99%
*9
163/4
*165
147
29%
■■■:
7 >
11
11
10
Foreign Power com__No
preferred
Sales for
10%
■.%>7? 34%
34
•
•146
>
■
:il% Apr
Sep
37% Nov
17% July 28
the Week
1 per share
39
v
••;,
8VaMayl9
Apr
•1% May
•3% Jun
64%
20% July 15
.
0y7O®
,?
Oct. 3
,
*98%
::
105
.
July 24
44
9
Export
American
20®
21%
16%
...
.
Friday
Oct. 2
186
104
;
75
90
Sep
6%
•
9
3
No par
iW
American Hide &
700
113 V*
O
*139
.
34
32%
104
»-»
,i,
'
:
24%
ll'/a
109%
99
14 Va
•182
>
1*
10%
7..
165%
165
32 %
104
16 %
>7.
188 V
31s/a
10%
CLOSED
> v.;:
14%
*182
EXCHANGE
f
99 >
133/a
185
31V4
STOCK
10%
:> 109%
983/4
•
13%
13 V*
10
109
39% May
12V* Apr
20% May 19
No par
:
Oct
Oct
3
Apr
50 J Sep
67
Jan
July
62% May
98% Nov
51
7
65% Sep
39
63% May
106
25
10
"
1,400.,
.
12%.
24'/4
,:■
10 Va
32%
103/4
99 %■
987/a
•180
33
.
v.
24%
141
108%
109
'3,100
.
100
24%
9%
lOVa
Mar
Deo
~
983/4
♦139
73
July
Aug
212% Jun
29% Jan
30% Nov
91% Nov
3
Jan 23
8V» Feb
•
-
16
25
American Hawaiian SS Co__
9,200
7-7/a
2<Kir
*
1 per share
24 V*
283/4 ; 29 '
10%';
»
23%
U%
21
113% a
Thursday
9%
141
32 Va
7
Jan
100
Sugar
26
■
Oct
99% Sep
34% May 16
»:
-1
(new);
Encaustic
''Hr
>;>;;/ ViVf.
98%
:
29
♦10Va
10%
10 Va
983/4
9Va
♦139
317/a
109
Oct. 1
46
100
$7 2nd preferred A
$6 preferred
PRICES
24
9
7%
55
12%
?> >
14
20%
Wednesday
:
24%
287/a
10% *
•>31%
SALE
154
Jan
35
26
Jun
$7
400
23
7%»
,
12 Vr
•
•110%
I per share
983/4
141
•10Va
■■
'
28%
•139
HIGH
21%
113%
0
•111%
>
1
Co
113
17% Oct
16'/2 Sep
3,500
.
;>*9t. ,<• 102
*13%
24 V*
:
>
9Va
9
28%
AND
21
>
39
♦53'/4
v:
7%.
12 V*
14
Oct
17
13
600
7%
73,*
*7 Va.
80%
39
♦97
12 V*
I per share
24%
98 ,*
21%.
Tuesday
8ept. 30
Sept. 29 •;;>
$ per share
$ per share
12%
*133/4
112
7 ••■>
91%
12
July 24'
American
Amer &
800
16%
79%
23
102. •'■>:>
v
93
163/a
55
23
'
7%
•98
14
♦111
-
73/4
.
12'/*
207/a
LOW
-
7%.
100
7%
>53%
23%
'''
"
.3,300
7,300
3%
93
A
39
•38%
7
55
23
n33/*
,
.
8 Va
*53%
ni%
12
-
7%
38%
7%
.
23%
♦98
207/a >21
.
55
227/»
102
38%
:
61% May
American European Secur—_No par
18'
>>; 33/4
,
93%
16%
♦80
»>
Jun
>% Oct
Crystal
American
is'/*
» 173/4
33/4
92%
V*
>
24% May 19
5% May 19
No par
com
preferred series A—:
American Distilling Co
200
•14%
VA 17%
3%
16%
7%
•13%
'
38 V*
/">.
38%.
7%
17
".
92%
80
38%
"
3%
•v
16%
803/4
80
,•>♦97:^:
3 Va
15'/4
94
16
-
*143/8
17% *7
17 >■;:
/
30Vi May 19
91
10
3V»%
3,300
4% : ' 43/*
4%
80%
i
16%
53
7
3 Va
Jan
105% July 28? 42% Oct
1
•
i.1
4V2% prior preferred-——
American Cyanamid Co com
;7,000
116if
33%
American
Afj30
47%
114
33%
*4%
15%'.
*14%
17
.'»-■ 3 Va,
16%
23
>
17
167/a
-
,
.
18
A
>
7% non-cum preferred—
100
Amer Chain & Cable Inc
LNo par
v
5%; conv preferred™—
100 "
••-
4%.
38
Nov
:
American: Colortype
500
99
46%
'
4%;
.
Jan
8%
Sep
—
American Chicle
800
<
Jan
82
"
*20%
46
;
2,600
': /
21 %
69 V*
Oct
Nov
"
16
99% Feb
.
10
49% *
20%
Oct
99%
—
American Car & Fdry com
400
2,30°
Oct
52%
31%
50"
Shoe Co
Preferred
2,400
v.
v
109
.'49%
•98 Vt
20%
98 Va
r
50
?
.23%
*107%
49%
20
,
46
103%
23
;,
109
49%
20%
*
'
45
*4%
29%
109
*
f ".
3%
29%
18
Apr
24% Sep
Jan
Feb
Aug
4
18 V*
—
preferred
.Common rights
12%
61% May
103
8
104
May 17
Sep
Deo
Feb
Apr
Mar
2*~
Feb
"196
135
Nov
29 Va
Amer Cable & Radio Corp
American Can common
3,500
••;.-•?>"•
188
45%
.103%
23%,
93,400
4,600
/
' 85%
•
-
? n
>
105
20
20%
112
•102
49 v.
*
,20%
vV,:.112 '■> 112%
188
46
45%
46%
•
100%
r, 23%
85 ;
.•
188'A
5
<
5
25
90 V2
.
2-
0% FeD
May 20
No par
5'A %
-
8
48% Feb
preferred——109
conv
Amer Brake
„
Oct
8
Corp
preferred
American Bosch Corp
—
1
4%
-
••
05%
188
188
it
7,5".'
84%
84%
:
•186
'
.
1
5
5%
/
104
7
Chemlcal_No par
6%
2,100
^
18
7
American Bank Note common
900
.
Petroleum
cum
Feb
May 19
—100
Agricultural
3%%
1,900
?
150
69%
39% Mar
American Airlines common—
1,200
?:?
r
123,8
41%
100 %
20
29%
;
69%
;;
11%
20%
i.
27,000
23
69
40%
V
*•20%
44
9'A
22 »A
69%
723%
■
-
50% 751%,
V
9
9
69%
»
Amerada
Amer
Nov
35% Feb
Amalgam Leather Co Inc- com—_1
6% convertible preferred50
900
33
22% Feb
i\ 4% (preferred—v
2,200
1
44
?
/
Jan
20%
66% Sep
18
4,500
400
m
Jun
41%
Dec
30
3Vi% cum conv preferred
100
.Alpha Portland CementNo par
1
68%
Sep
8%
29% May 17
1.800
r
22%
71
r
188
•186
23% .)23Va
,
Va
•68%
23
5%
:•'•■
83%
83%?
•100%
79
47
47
—
44% i'44%.
..
•
;/
Jan
24%
6
13
5
Inc
t vi
'
44%
3
31 Va Jan
July 2
15% May 19
•
51
10
102% Aug 11
164
Allls-Chalmers Mfg common__No par
'
Feb
No par
Allied Stores Corp common
.1,500
24%
No par
Allied Mills Co
r '6V2
*♦79
:
,
188 ..V:
,.•186 r
29%.'
Oct
112
93
1
Dye_-____No par
Allied Kid Co
26,400
98 Va
6%
.47
400
&
6,700
,
•
29%
>. *50
79
.
8%
.
41
Allied Chemical
Feb
13%
56
32
May
30%
qVa Feb
Aug 27
Jan
Feb
xSO
July 25
25'A May 19
'
May
19
3
2% May 19
•
100
169
Nov
38% Feb
15
92
1
common—
preferred A
Dec
Oct
8
10% Feb
4 ; Apr 14
18% May 19
Jan
8
5
1,000
A
98%
■;?
6%
.
%
•A
c--*5r
100%
42V4
A: 50
•46%
8%
21%-
>
-
11%
40
8%
„*99%
A
.
10
100
Allen Industries Inc
5,200
343/8
Mining
common
prior conv preferred-No par
Allegheny Ludlum Steel Corp_No par
Alleg & West Ry 6% gtd
100
800
y,
20%
33
98%
29%
29%
I
70%
39%
•
51
79 *>> >>79 r: 79%
47
467/« f: >/ 46%
;;
70'A
'
*50
O
20%
33%
40% " 41%
...
233/4
323/4
100%
•98%
...
6% -7v6% /. A
6%.•••;
•
:
190%
Gold
104
91
105%
7
39% Oct
May 19
27% Sep
$2.50
50
,
34 ..A
.
5%%
9,900
95
>23%
187%
20%
A 33%
*99%
30
353/8
*94
v>
•
>
100
-
6
S per share
Apr
17% Sep
55
Jan
May 27
30% May 16
100
preferred—
Allegheny Corp
4,000
:
32%
32%
:
98%
29%
i":: / y
21%
40 -i,
•12541 127
30
68
21%
*19%
34,
42%
;
;8%V8%;'''>
v>>
: 21
20%
33%
41.% A'; >>41%
98%
98%
»
467/s
66% ,67%,
.
24
185% 187%
Inc
12,500
"
66
34
,
95
24
A.
187 •
100%
«
.>79
?. ;
■,
*94
32% ' 327A
>
34%
Juneau
4%%
55
38
No par
Vicksburg Ry__.
Aldens
—
38%
v,,.
No par
Corp__lO
1
Alaska
A*
33/8
3%
*64
'
Corp
Corp
61%
10% Pen
Highest
$ per share
7
July 28
110
__10
1,700
ry
•
98
38
"66
33%
,
95 -A;;
>24%
100% *-V -*99%
*50
•re
:
•76% .v.- 78%
47
33%
6%
■
50
32
;
30
6%
50
'
•
39%
98%
:29%'.
•6%
.
.
♦24
r>" "184 A
•19%
20'A
>.
187
*99%
,
29%
•
24
...
32%
■
.
o
♦94
3%
38%
*64
347/B
32
j i 20
31% u 32
:-.>33% '
*99% 100% 38% ,39% i '■A;
i
34%
20%
20
.
>■
3%
'
20
*96%
$ per share
4
Co
Steel
2,000
4%
20
'
98
37%
3%
66
4%
4%
20'/a
*96%
39
95
23%
.
V 185
186 % 7'
_
'.
33%
' 95
,
23%
23%.
i:
j
66%-
-
-
38%
♦64%
38%
*65
4%
20%
20%
98 >»
3%
3%
38%
65
32%
'
39
65
4%
20%
*96
,
3%
-
4%
4%
■;* ,
19% ' 20%
>f, *96
98
20%
'
>98
3 Va
>
STOCK
EXCHANGE
4%
v.4%"
4%
&
"'•96
Jun
Lowest
87% Jan
6% May 21
Admiral
9,200
108
•104
90
Co
2.50
*
v
share
No par
Straus
Motors
Addressograph-Multigraph
900
-
$ per
66% May 20
1946
Year
Highest
No par
com__
Previous
Range for
Lowest
Adams Express
4,600
39%
*7%
105
&
Adams-Millis
7%
*102
105
•102
1,800
29%; 29%
29%
ACF-Brill
50
37%
*7%
7%
29%
105
♦102
37
36%
Abraham
' V'
Range Since January 1
1
Par
4,000
17%!
' 1 ' -V.r.w
•
STOCK
EXCHANGE
'a—
8%
*48%
NEW YORK
v
Abbott Laboratories
55
17%
17%
50-
STOCKS
'
^
2,100
105
8%
54 %
55
17%
*48%
.jV'--y
Shares
-
753/4
*88
8%
54%
17%
51
75%
105
8%
54%
17%
*48%
51
♦7
7Vs
54%
17%
♦48%
*85
8%
,
the Week
$ per share
74%
74%
•.
Sales for
Oct. 3
-
$ per share
105
7%
7%
55
Oct. 2
.
:
Friday
•■Thursday
76%
*85
105
54%
54%
75%
76%
7%
77/b
I per share
share
76
y-';
.
PRICES
Wednesday
Oct.!
v>:>
Sept. 30
76
75%
SALE
HIGH
"
•
I per share
;
AND
Tuesday
Monday
Sept. 29
13
7
Jan
6% Feb
21
*'
15%
Oct
13%
29
::
Sep
4% Nov
26% Mar
:
Jan
62% May
1114% Mar
*64% July
87% May
84% Feb
10% Feb
NEW
SALE
HIGH
ANH
LOW
Saturday
Monday
Sept. 29
Sept. 30
•
>>
t per share
I per share
13%
183
183
48
*183
185
106
:V
14%
105
105Va
*14
14%
13 %
*12%-
*12%
14%
14%
14%
ii2ya
113 %
11J
14%
102%
51
26
,26
*72
74
*71%
15%
3,000
15 Va
140
*114lA
116
-140
*112
114
170
*32%
34
,83
83%
*102% 103%
15% VO- 15 >/4
15%
52%
0
52
52 %
26%
25%
26
74
34%
k*: *71%
32%
33
33%
112
111%
112
103
103%
102%
103%
* 111 %
102%
23 V*
23%
23%
23%
•
1,100
15%
115 ?.
' >71%
34%
111%
22%
100
13%
32%
14%
33%
-14%
13%
1,300
83%
104
52
.
.
74
105%
'*14%
M/
26%
51
26
♦105%
15%
115
49%
113% 115
82%
r'i
14%
'.,52
•25%
*50
1,000
108
4 49%
13%
32%
•102%
103
14%
14%
113%
83%'*
i82%
103
114%
.
:
32%
32%
33%
83 X
81%
20,800
14%
14
108
>
15%
115
115
15
114 Va
112
*32%
♦102
.
49 Va
13M»''.$&;C'-13%t|14
113
112
*111
li Shares
I per share
14%
' x,__ x
X 49%
49%
103% 105%
*105% 106
14% J'r 14% M s *14%
14%
>48.X>-'40x>v V/'* 49 Vb
14%
*14
the Week
'
Oct. 3
108%
* 14
*108
■
108%
.
:x-J''
48
106
♦107%
X
$ per share
14%''-''''"
14%
107
108
'•
t per share
14%
13%
107
RECORD
STOCK
Sales for
Friday
Thursday'
Oct. 2
Oct. 1
$ per share
13%
1061/4
'
YORK
Monday, October 6, 1947
;
Wednesday '
Tuesday
Sept. 27
PRICES
& FINANCIAL CHRONICLE
COMMERCIAL
THE
:
74
34%
34
*110%
112
103
111%
102
23%
XlOl
,
23%
23%
'
67
*66% '
67
117
1117
*24
29
67
*117
: 118
29
*24
67%
*24
7%
*6%c:
,
6%
,
.
7%
14%.?
'
i 14%
15 Va
*14%
67
118
*116%
'7V4k
7V+
14%
14%
20 Va ' 20
'
*
21
4%
.
19"%
20
-20%
♦14%
19%:
67
67
*116% 118
*24
f 29
7%
7%
*15
15%
,
29
t
■
.
19%
20%-
21
,
5
41%
41%
14%
14%
14%
14%
14%
14%
14%
Babbitt
16%
17
17
17%
17
17%
17%
17%
Baldwin
13
13Va
13%
19%
♦12%
:13%
13
18%
* 12 %
13 %
13
19%
*13 %
13%
19%
13 %
Baltimore
19%
13%
19%
13%.
*65
67
*65
67
*65
10%
*
*65
67
•48
49;
47%
47%
.23%
23%
23%
51%
23%
*50%
51
.28'A;
28%:
13 Va
13%
51'At
28 Vet- i" 28%
13%< 13%
51
51
24% ' 24%
*50
51.
28%
29%
.29
13%
13%,
21%
45 V*
21%
45 V4
-
!
;
;;
*105%
31
SI1/*:
,
.
21%
105
105
,
18 Va
Bendix
18 Va
18%
18 ya
18%
BendiX Home
25%-
25
25%,
25
25 Va
beneucial
*94%
X
1
*
!: 3o
30
29%
'
15%
15%
37%
*35%
21%
21%
20%
37%
38
38%
37%
X 96%
95
95%
95%
52
51%
28<
Borden
53%
Borg-Warner
33
27%
18%
30%
30%
Brown
11%
..HVa
77%
*76 %
77%
*34%.
34%.
30%> 30%
.
31
31
Bulova
19%
19%
Burlington Mills
4% preferred
>95
97%
>98%
97%
*90
'
92
*85
92
88
13%
8%
4
3 %
>18%
♦102%. 103%
102 y2
102%
26
25%
LOW AND HIGH SALE
Tuesday
$ per share.
2
', '-•7%'
7%; " 7%
.
,
XX
122
27
15%
11%
74
54%
,
42
18%
18Ta
41%
42
For footnotes see page
23.
:
55
x
r
>
55
117% 117%
32%
32%
*42%
18%
42%
<
•
16%
■
.
7%
*27%
Jan
30
common
23 Va May 19
31% Feb" 10
-
Jan
109 t/b Apr
Jan
35 Ya
Deo
34%
Jan
11
36% Jan
7
Jan
14
106% Apr
30
20% Sep
10
25% Jun
102
27% Feb
Jan
9-
May 19
.
72 % Jan
15
,14
147/a Feb
fc7
-
18
3
38% Feb
May 19
84
Jun
2
10
22% Feb
17
104% Feb
May 14
14
15
100
•95% Jan
T2% May 1'9
157/a Feb
6
72
:
'■ Jun
Sep
99
12
3% May 17
8
8
Jan
22
24% Feb
7
88
6
11%. May 19
.
108% Jan
6
Feb
13% May 19
94% May 22
104
May 19
27
4
10
•21% Feb
19
-
•
15%
X'
7%
72V8
73Va
13%
*55
*
50
10
Jan
3
Oct
3
'
,
Apr
25% May
Feb
22%
Jun
99
Oct
Jun
45%
Feb
108 % Mar
Deo
46%
Nov
Jun
59% May
Nov
Oct
26 Ya
111
Deo
July
Mar
119% May
102% Aug
Dec
Nov
6% Nov
75
Oct
' 20%
105
4%
15
99 1
19%
21%
15%
68
Jun
Jan
May
39 y4 May
Nov
110
Sep
bet
Oct
9%
35%
May
Jan
Feb
112% July
Oct
NOV
40
.
118
X
7%
.27%
31
*43%
19
""
r
42%
32
44%
; 19
42%
Lowest
May
7%
16%
44i%
44%
187A
18%
25,600
<
800
1 400
60
'
v' 74
-1:
*12%
74
13"
'
150
150
X
900
X. X
300
-3,900
1,000
40% May
18
147
Nov
Nov
43
Oct
Feb
July
May
58
;•
Jan
■
Deo
25%
Deo
Oct
: r 227/«
51%
Nov
12 Vt
>
v
11%
•
"
X>-
Jan
Oct
113
200
11%
7%
12%
•
12%
,;-X 440
'
11%
Apr
Oct
20%
17,400
125%
58
Sep
6%
900
16%
47% Apr
Oct
3
63
XI1,100
124%
t per share
37% Deo
100
28
Highest
I per shore
5,800
X
*117
19%
43-
11%
*12%
>.
56
X
18%,
11%
12%
18%
38 ya
130
84% Dec
v
ff
9'/a Feb
May 19
Apr
110% Mar
97
13
Mar 12
4.
Apr
45% May
25 Vi Oct
96%
18%
33
16 %
95%
•23% Feb
26
Mky
38%
9% Oct
70 Va
102% Apr
.Oct
Jun
116
Jan
14% May 19
97"
Jan
42%
Sep
120
37»/a Aug 12
It
18
25'/4 May 20
Feb
53%
Oct
3
30
86%. Feb
f
;.
20 V*
3
Oct
124
2
Deo
20%
J
197/8,Oct
13 Y% May 19
120
95
3a% Jan
105
Nov
25
Oct
31% Sep
103
Oct
5
May 19
10
11%
Deo
3
28% Feb
63
12
Apr
Sep
2
23
Jun
80
preferred—100
11
17% May 19
35»/4'Sep
106
100
1'
i—
40 Va Feb
Aug
57%
12
72
18% Feb 27
May 17
30 ■
Jun
107%
Deo
Jan
13% Sep
i 30% Oct
23
Oct
3
90
May 16
61%
Deo
4y4
21
12% Sep
Nov
30 Vz
1
13% Feb
8
900
V
-
2%
2
28
16%
>
> 74
*55
*42y4
53
19Va
43
42%
87
39% Feb
Sep
Sep
36
99
-
Sep 10.
6ya Feb
3
May 20
8
42%
'
102
3%'May 19
32
Jan
Apr
09% July
48 V* May
27% Nov
7
Shares
31
*122
.126 r
*44%
45%
*18'A
19%
117
117%
*32 >, 32%
H 43%
44%
.
31X
*52%
2%
11% X
11%
12%
.
31%
52%
2
45%
74
:
31%.
122%
*18%
'x
Oct
the Week
i per share
*52%
.
7%
15%
,,-oct^;/-x
$ per share
27%*
*44%
,
X
52
Mar
Year 1946
share
122%
,
'
74
12%
per
27%
,XX;
9
Sales for
Friday
Oet. 3
"'7%
■
>
,
19
*12
118
■
16%
123
11% " 11%
12%.
42
•
»1'8%
X'
74%.:
33
7%' %
45%
*74
32%
'
*44%:
•12
54%
2
" '27%.-
121%
X/,.
«18%
*117%
f
Jan
73%
112
fiange for Previous
Thursday
31%> 31%'
'»52*A .52%.
2
r/'
62%-
52,
2%
10%
#
-
>> *31%> 31%
54
18%
/
26
67
3
PRICES
Wednesday ;
Oct. 1 / *
•-
Butte
Sep
>97% Mar 14
•'
35
Oct
101
95% Jan
% % preferred u—i
_„_--_._il00
Copper & Zinc—5
Byers Co ( A M) common—No par
Participating preferred
100
Byron Jackson Co-————No par
.101
42
8
:100
preferred
Terminal
Bros
11
100
preferred
Butler
*99
common___l
Burroughs Adding Mach——No par
Bush
19%
4 per share'
2nd
BUsh Term Bldg 7%
3%
/ /Sept, 30
Corp
14
*18%
Sept. 29
conv
Co
80
3%
Monday
Watch
————No par.
Inc
5
13%
13%
V101 X
25 VV
—
80
81%
:18%
preferred
3%%
3r2%
13 Va
13%
*3 Vt
44
No par
19%
*90 • *
" 16
common
31 %
'
;>99
15%
Co
31
13%
44
$5
.5
100
Bullard' Co
98%
98%
92
122
(The)
Budd
-No par
common
18%
•
97
*80
CLOSED
Co
preferred
■
97
*34%
8%
EXCHANGE
^_No par
preferred;'
18%.
•
19 Vv
19%
*26%".; 27
1%
15
—__No par
Buffalo Forge • CO-—
—1'
Buff Niag El Corp $3.60 pfd
100
13%x
>
common
Bruns-Baike-Collender
11%
76%;
Inc
Co
Bucyrus-Erie
'■
124
:
Shoe
$3.60
19%
;»122x
*85/xf 88 /
STOCK
*104% 105>'.
21%
19
19%
/
103
21%
211/4
124
*95
i
80%«
;_5
2.50
30%
*104
105
34
34
■
Co^
18%
28%
37%
107%
Feb
Jan
9
18%
18%,
;
37%
•106%
59
3
Inc—
06% May
Deo
116
53% Oct
25
18% Aug
Nov
16
51% Oct
RR (assented)_100
Bep
Sep 26
Feb
35% Feb
Bearing
Nov
-Nov
14
49% Jan
Airways
-
;
15%- Oct
18% Oct
37% Sep
34
-18
May 19
18%
*37%
38
*106 y2 107%
37%
107%
53
31
24
38% May 21
1
—
3
23% Feb
37% May 19
common—^.
18'A
28%
27%
37%
•106%
13
12%
"
17% Feb
9
14V8 May 19
95
:x
41 '/a July 23
May 17
14
28% May
-34
Brewing
89
29 Yg Ndy
22
Feb
85% Nov
143
Deo
31
July25:i
54% Oct 2
,
—15
Maine
Roller
Braniff
18%May 19
41 ' Apr 26
—---il
17% ' 17%'
:
>/17:%.- 17%.
r
Bower
May
May
May
May
Corp common——5
preferred
_100
Inc
•
86% Deo
>1.
29% Sep 22;
99
FeD 4
_No par
Brass
A
Corp of America^
15
Bridgeport Brass Co^—_-^-No par
Briggs Manufacturing
No par
Briggs & Stratton
—_—No par
Bristol-Myers Co common'
2.50
3%% preferred ——
100.
Brooklyn Union Gas——-No par
11
11%:
76%;
Boston &
9
*83
30 Va
18%
:4%
8%
.
Sep
Nov"
i—
.
103% Feb IT.
5
(The)
cum
36%
-
36%
90%
13
33%
12%
26%
21i/4
4»A
X,
class
No par
*30 /.?
*83
371/4
124
*90
4 «/4
35 Va
8%
8%
:
108
♦103%
*97%
V
,35%:
.
CO
3Va%
101
♦100
101%
4V4
-
32%
*30
19 Va
Stores
43%
52%
18% '18%
10%
2
0
Jun 27
——'_No par
43%
♦99%
Brothers-
B
Class
Bond
Co
27%
8%
26%
21%
Ami
27
4Va
37
124
St
Bon
43%
35%i
:'i08
30%
Bohn i Aluminum
52%:,'52%;
100V4
,
32'/a
104
38%
-2.50
Co
96
.
Bloomingdale
Boeing Airplane
26%
,.v„12% t 12%
18%
Laughlin Inc
&
37%
21
'43
:'':*83xV-:0O%i
37%
Bliss
1,
preferred—-—«No par
•-
Deo
Oct
'108y» Feb 15
>'•—
-12- 4Jan
21041 Feb
40
Feb 17
" 11
Nov
> 39V4Mar31 ■ "—
17% Feb 13
15
Oct
18% Jan 6
15% Nov
x 24% Jan
2' ■' 16% Oct
106% Aug 1102 t Deo
39% Feb
7
28% Oit
23% July 16? •••'••
28% Jan
7
24% Sep
19
10 ><150
Jan 27;
20 V; 66
Feb 3
19
18%! Jan 23
May 21 < ' 36
Jan 6.
12% May 19 i • *20% Feb 10
com-,_No par
Co common
'E.W)
$2.25 conv
26%
52%
(Del)
Co-^»«i---»>»iiw_No par
43
x
*99'/e
27
,Bliss
52'
*50Va
52
ay^
108
Blaw-Knox
15%
15%
90%.
30%
;
21%
26-y«
8ya
*52%
——
-
,15y4 sl57/8
29%
30%
' 54%
54%
-
Steel
7
125'/* May 17
19% Apr 19
1
i—
21
21% May 20
06
-76V2
'•v4:1% <
preferredi^ii-i^i——14)0
1-36%
Bigelow-Sanford Carp Inci—No par
46%
-Birmingham Electric Co_i.~No par 4
14'/a
Blaek Si Decker Mfg Co^aii_No par,«23
.
*35%
12%M3Va
x
32%
..
COL
&
18%
21 %:
46'/a
111
,
2
,
Jan
1
May 17
17% Sep
com__No par
pfd $3.25 >ser of 1946-No par
Bethlehem
15%
15%
37 V2
,76%
# per share
60
v,
37 y2
20%
-: 32
Saturday
Sept. 31
-15%.
15%
4Va i
>
Loan
' 20% Aug
10% May 19 ■
103
28
App Inc com—_33%c
Indus
Best. Foods
3iy4ej,31>/4
<■'
54%
*35
/
*58%
v
*35%
100 Va
v;; 19%;
<
30
54%
521/4
99
* 31
15%
*30
15
54%
42%
;
j
-,'15%^
30 Va
52 %
*95
30Va
15
54%
27
?
42%
*33%
Best
- 90%
92%
*140- <143:%
■
■
59%
29%
51%
18%
90%
29%
42%
♦122V4
15%'
3u'4
54% ? 54%
26%
>21%
28%
140
>57%
29%
.-.
•50%
104
90
140
58%;
Uf*
i:
'
90%
59%.
15%
95
♦29%
27%
28%
29%
;19%
52
.
27%
Cum
96'/a
'
28%
•
*94%
27%
15%
62
37%
31%
'
14%
*95
-26%
96
27%-
.
139%': 139%
■
•' 15 V8
15 Va
19%
20%
36%'37
i?.»83
29
89
88%
86%-
139%, 139%
37%
8%
27%
28%
^57%! 57%.:
,15%,
rr
31%.
*94 Ya
96
27%?
28%,
30%,
.
; 10% May
Jan
'-110% Jan 31
'
29%
♦35%
•:
27%,
28%
54%,: 54%:
*15
*94%
97
27
56%
<29%
31%
62
SO1/* Jun
6
12% May 16
-
5
Aviation.*——
32 %
18%
25%
30%
1
-10
4Yt%: preferredx.%;-—100 -
18%
15%. 15%
29% 30 Va
14% <14%
18%
106%
•"
31% May 16
10
%s__No par-
5
6
'/'• 30 Va Jhly 24
' 19*% Feb 8;
•' 24
-Feb
7
Sep 22
Co—
Corp—j—.
Bell &; Howell Co common
18 Y«
87%.
*104
*105y8
.
Packing
7
'
7 '
8
28% July 28
84 *A Jan
9.
May 19
100
100
Aircraft
25 Va
139%
56 %
.
Bell
18 y4
85%
;/
13%
22%
42
50
Belding-Heminway
25%
.
*99 Va
Beech^Nut
15%
30% £'31%:;
*139 Va
95
106 %
15
Nov
Oct
Oct
Oct
Sep
36% Apr
25% Dec
' 48% Oct
: 21
Sep
8
16Va Feb
■
I17%
11
18 %<
12%
66.
7
69
Feb
55Va Jan
-
2.50'i
19
- Jun
30
1C0
104Jun 19*
V
* 5% May 27
RR__i_
Creek
31%
22%
*105%
Beech
31%
.
13
*22
106'/a
i_
Corp—4.
Beech; Aircraft
30%
18%
'
B6%!^7
28
28%
,
*105 %
i
"
97
v
22:y2
*22'
21%
105 l
-
13
pfdj
conv
Mills, Inc
*
4
Beck Shoe 4%% preferred—
Beaunit
20
13
22%
.
15%
Feb 27
20% Apr
>
common——25
Co
15%
31%
*15
13%,
13
>
31%.
l5%
i
33%
Foods
3%% pcum
103-
*106
106%
*8%
9
*33
33%
8%.
*33
—5
Cbrpu.%..,.,—_i.l* - xi2% Sep 17
Bayuk Cigars Inc^^i^—lNo pan i
is x Jun 18
45 ya
20
106
8%
.
103
x
May 19
60
50-
l—i~,i
%L
Co
18
-
Works
Iron
25%
30%
24%
■
103
31%
31%
1
13%
13
♦12%
13
21-i 21%
:
44%
19%
Oil
10'
common.,,
preferred
Beatrice
45
J.06
9 Vs.
34
*33
34 Cii
;
Barnsdall
Bath
103
106%
8%
8%
'
15%.
,
4y2$>
51'-
12%.
21%
19%
7% May 17
BarkerBrothers
29
.
16
May
24% Feb
' 16% Feb
28% Feb
13 V* May 27
•
16% May 19
Works
24%
,
.
45
.21%
.
1
13
common—100
Ohio
&
preferred——1*—-..100'
11% May 17
Bangor & Aroostook common
50/ A x 9% May 19
Conv. 5%
preferred
i
100 1
60 * Jan 13
Barber Asphalt Corp (Delaware )-10
47 ' Sep 16
29%
12%
21% 'i 21%
;
20'
,*19%
106%;
*105%
8
;
•
13%
Inc—-I!—
T)
Locomotive
.4%
'
J!
-20
*19
106%
;
'
.29%
12%
102% 102%
iior<?loi:->i
*33-
105
*24
*50
-
(B
48%
47%
48 V*
48 %
24
•
.
19
21%
*45 y4
lov^i 19 %.
*105%
24.
13%
45%
21%.;
21% £21%
45%
45 Va
loo%-101
,
12%
>.
67
'
,
Oct
Feb
Apr
May
24
Oct
50
112
.
4
Sep
38%
Deo
39
Sep
13% Nov
34 y4
Nov
;
73%
21 y4
59 Ya
137
39%
May
May
Deo
61% Jan
34
00
Jan
Feb
Volume 166
THE
Number 4635:,
NEW
;.1
LOW
.
.
Saturday
Sept. 27-.
Monday
AND
fXXX
Tuesday
Sept. 30
•
Sept. 29
;
4 per share
HIGH
..
SALE
/'
•.>•:,
*} x'-.f A-.
"j
.
FINANCIAL
YORK
A"
•
&
••'."
STOCK
•;■'
•••"•
-
.
CHRONICLE
■-:!.■; ■},:■■ '■ n.
Thursday
Friday
Oct. 2
Wednesday
Oct. 3
Sales for
Oct. 1.
t per share;
$
share
per
9 per share
the
$ per share
■v
Week'/;' V'p. V
Shares
"
V:
STOCKS
NEW
YORK
v-
.V; ,:■
-vi::■,
STOCK
'
.
V
;V
•16%
6 '/a
6%
"
40%
/A'
,
'
38%
38%
*146';
39%
>■'
143
143
53%
53
24%
25
V XX-
25 va
107
A*
106%
*144
146%
23%
*144
*20%
18%
8%
'
87/a
113%
*7%
Par
•
$ per share
92
*
8
'i
*90
*13%
14%
*9%
10%
30 Va
30
17%
17%
7 '/a
*7%
14%
14'/s
23%
*29
10%
-*9'/a
10'A
*9%
10 'A
30
30%
30
31
17%
18
17%
18
13,900
;
30
44%
44%
98%
98 Va
*47/8
f
23%
23%
23%
1051%
105%
105'%
80
14%
14%
14%
29%
447%
29%
44%.
98
98Va'
f 29%
V
9
r
.
5'/a\
5%
5
9%
7%
i/saax
*5
8'A
5%
♦5% y
8
5%
>
%47/a
•
*97
;
r
10%
ii%
10%
11%
11%
5%
5%
5%
5%
5%
3%
3%
*3%
3%
4o
98:'/a
5-
Va_
,
.
500
87/0
-3'%%
Chic
6
convertible
East
preferred._1100
III RR
Col
-
9
9
30%
X
87/a
31
;
9%,
:
•
Va
31
18%
300.
18%
9Va
■
41%
30
30
54
54 Va
a
53%
x
$3%
'
13
*17%
18
*12
.
-
41%
5 %
*4%
55
53
31%
18%
41%
19 f.
42%
preferred—
30%.
55. %
*54%
>12%,
17%
*4%
47/9.
*33
v
■
59%
59%
597/0
27
27%;/.
♦107
110
24
24
43%
44 A
44 '/2
44'%.
30%
31
31 >/a
32'%
30%
97/a
9%
88
17
*29
30
*165
s
189
*90
*165
95,
41 Va
107%
107Va
32%
1
108
108
*107%
108 Va
80
:*?78%
49
-
34%.
18 AX
47
36
36
38%
36
39 %
*145
'17%; 18%
36'/a
36%
36
38%
148 •
148
r
39%
39
LOW
Saturday
Sept. 27
Monday
Sept; 29.',
*178
6 3%
62
■■
46Va
A
103
28>A
180
Deo
24
6 l'A
25% July ■
i
7
23'%
Nov
43
Jan
»
Feb
10
21%
Nov
25'A
Oct A
23
20'/a Feb
13
46%
•,*102
28%
i 29
197/b
19 7/0
19%
'14%
.14%
177%
EXCHANGE
^
1 3,800
.-7
*146
-
■
4,400 f " Cluett
20 <
1/64
$
*29%
14
*13%
29%
20%; 20%
15
18
A
26%
26
14
25%
25%
12%
12%
12%
4%
1,700
Gas
1,600
Columbia
Carbon
300
Columbia
Pictures
37
37%
16
16:;
*70
72%
72%
72%
43 %
43%
43%
y
3,000
Class B
•
300
43
*105
106
23%
305% 106
23%
3
22%
3%
23%
3
72%
43%
44%
106
,
106
237/a
.
44%.
44%
105%
23%
23%
'44%
105%
960
23%
23%
4,200
31/0
81,100
44
23%
cum
common—No par
preferred
w
/
Commercial Credit? common
$3.60 preferred
-i—lO
2,400
28%
Conde Nast
30%
30%
1,100
31
Congoleum-Nairn Inc
5%
5%
7/8,
'297/4
3%
28%
31
3
23
29
29 y4
31%
*31
31%
32
600
5%
5%
257/4
25 '/a
25 %
25 Va
25%
X105'%
105%
105%
105'/2
105 %
105%
15i/a
1,300
15%
5%
51/4
15%
19%
5%
15'A
3,200
12%
*11%
12'/4
49%
48%
487/a
13%
14%
14%
'14%
14%
14%
*21%
14'A
21%
21'%
21%
*21%
21%
14 7%
21%
22'A
14%
14'A
14'A
14'%.
14%
141%
1,600
700
111%
41
111
41 7/4
102
41%
102%
13%
*101
34
14%
;xyi4At
102%
34%
*103%
*101
106
49
7
44
,
15%
23%
51%
r
15%
*48%
15%
v
55%
49%
77/a
43%
15 '/a
23
y. *51
X
49%
m-m--
15%
*157/4
*48%
50
15%
15 '/a
557/4.
62%
63
62%
190
190
*188'/8
-:- y,.5%
5%
3 Va
3%
•32%
.*103
-
For footnotes
see
3
33%
104%
14%
5%
14%
page
23.
32%
42%
36%
50
50
51
44%
45
15%
25
55%
15%
50 y/':
*48 %
Lowast
>
Va'
,.
■
*1027/8
103%
104
Xl88'%
j
5%
3
7
331/4
104'/a
14y4
14%
,
33%
•63%'
103'/a Jun
,■
5%
*511/8
15%
15'/a
:
49'%.
157/a—17%
*i41/4
'j'/e
5%
3
34%
14'%-
63%
1881/B
33%
34'-
*101%' 104
:•
14%
63%
186
5%
> 3%
14%
50
5%
;■':
3
33%
*102
*14'%
"
;
1,200
A' 570
,
.4,000
103%
104
■'
...
64'%
V. 3'%
4,700
X
~
'
147%
80
series
Electric
Corn Exchange Bank
Corp
&
Tr
Co
•
50
1
20
Cum
Corn
pfd 37%%
Products
100
•
ser
of
Refining
1947
com
Preferred
May 20
6% May 19
35
Apr 14
1,50*?
Coty Inc
1.800XX-Coty International Corp
'*> Crane Co common
.!,*.
'loo
;X „3%%
preferred.——:
-
Cr'eix,7eries
44»%
F^-
36»% May
60% Jun
165
May
Jan
Ax
,
130
Oct
61'A
f per share
200
'
Dea
60% July
110
Aug
63 'A Jun
Deo
37.
Feb
'Xvx 69% May
42'A Feb
X99
X"xxXx
Highest
-
Oct
2
.
10% Oct
15%
10
23%
Oct
Feb
Jan
Sep
13
11
12
Jan
247/.
41
39
Jan
Jan
i 12% Nov.
100
.25
——...
39% Aug
22'% Feb
of America..—...
1
x
20
Deo
86
Mar 21
78%
Deo
Feb
13
36 Va
Oct
Apr
5OV4 Aug
X: 47 'A Feb
8
36 Va
Oct
69%
3
103 Va
7
115'% Feb
26% July
X
,
29'A
Sep
147/s Jan
2
12 V4
Nov
24'/a
Nov
33
Oct
A
31% Aug 15
A
35'% Feb.-11
Feb
3
7
10%
Oct
30
109%
Sep
2
Mar
Jam
Feb
Feb
Jan
25% July
13% NOV
23%
427/a
10
30
Sep
40% May
65'% May
Jan
60
14%
157% Feb
Feb
Jun
18'%
.*
Sep
17%
20yaFeb 13
541/2 Jan
'g 17%
24%
105'%
}
108'A Mar 26
Jan
36 '/a
5% Oct
7
29'/a Feb
;
,
5%
132
Sep
2
Jun
July
32'A May
Jan
111
335/8 Jan
?,
123
Nov
2%
■
36% May
106'A
Deo
19
7
4
Jan ■ 2
123% Jan 29
Nov
33%
Apr
May
Jan
16'%
Sep
>47
Jan
17
14 % Feb
Nov
32
Aug
38% Feb
xlll
1147% Feb
48
Deo
35'%
115% Mar
Sep
12%
Feb 24
Feb
64% Apr
.
104'% July 31
20% Feb
10
106'% Apr,
101
9
44% Feb.
8
137/4 Feb
3
12% Feb
22
July
Sep
109 'A
Jan
Sep
537%
Jun
103 Va Nov
113% Mar
8 Va
,
18%
Feb
NOV
63
Jan
10
8
Nov
46'/a
7
54'A Feb
,
33'%
110%-July 30
Oct
24
Jan
48
July 24
337/8
Oct
49% May
19
Feb
15
Nov
123% May
3
13'A
Nov
Mar 25
46 V4
Deo
12'%
Oct
23'%
Feb
50
Oct
60
May 19
25'A Oct.
Apr
14
May 16
63
Jun 27.
16% Sep
55
19
2
5
307/a
A 66
Feb
Jan
27 7A
Apr
23'/4 Sep
14
61
Jan
7
52
Sep
67'%
Jan
29
32% Feb
19
25%
Oct
397/a May
101% Apr
102'% Apr
2
105% Feb
6
101'%
Deo
109% Aug
17
105% Jun
26
61% Sep
15
75% Jan
7
25
Feb.
12'% May 17
207/a Feb
5
100-^
32'A Nov
6
Jan
50
52
—1
25
3-A
Apr
Jan
185
—1
*
12% OCt
Jun
47
..100
4,900
600
•
Corning Glass Works common!_^5 .V
preferred
■':
44
10
Oil- of Delaware
Cornell-Dublier
:
May. 27
97
34
common.!
Insurance
—
-
34i%:
104
Can Inc
Steel Corp
1
14
14 Va
Cooper-Bessemer Corp com__No par
' 12'%
$3 prior preferred.
i
No par A
43
Copperweld Steel Co common.!
5
12'%
"
5%
i37/a
Jun 18
20,
Sep- 29
$3.75^ preferred
No par} xl05'% Jun 11
Continental Diamond Fibre.
.....5
9
May 17
3Vi7o
188
99% Jun 26
Continental Baking Cn com_.No ps.r
$5.50 preferred
.No par
Convertible pref 5%
♦A,.
56'A
26'A
34% May 19
109'% Oct
2
32'A May. 19
No par
5
2,200
*48
-1*1027/8
*103%
preferred
Continental
16 7%''
Deo
$ per share
10;
Oct
16'A Feb,
11% May 21
Continental
4,900
Feb
17'A Feb
11
Apr 29
40'A May 19
5
15
1
51%
63%
2V
*101'/a .104
...
19%
Lowest
17-7/4 Feb
17
17
May 19
,12VaMayl9
Continental
4
Ju f
24% Sep
16% Mar 27
24% May 23
105 v* Oct
3
.
1.33'%
Continental Motors
,
Apr
62
,Year 1046 ■;
20'A Feb
/
23'% May 19
30
Apr 14
47/a May 19
..No par
.1,500
47
188'/a
188'/0
32,200
15%
25%
251/4
*103 7/4
900
-
,
M
106
152%
Highest • y„.'
21-
18
...No par
Cigar—
17,800
46
157%
19'%
.
108'% Mar
Jan
A 39'% Nov
6
46
May 19
36-
>.
Container Corp of America com
20
4% cumulative preferred——100
1,200.
50,
/■T:, 247/8
-551%
104
V X62'%
/
56
Jan
3
1057% July 25
30% May 28
' 14'/a May 19
70
Sep 29
' 39% Apr 28
"
11%
—
15%
103%
105
*ny4
25'A
5%
56
It
Feb
Jun
v* Feb
997%
•.
$ per share
May 19
10'% July 30
7,000 " Continental
;
..--':8V8-''t"A
25'%
*1027/8 103%
*1031/4 104
55%
36%
•■•/-;
May 17
Aug 29
12
May 17
16 Va May 19
8
May 14fe'
9'% May 15
par
300
V 55%
50
63%
j106
1^8 Sep 25
t
1
$4.50
5,500
15%
25 Va
190
14
102
15'/*
'■
48'% Mar
154
99% Mar 13
Consol
170
511/0
51%
'15'/*
15%
A
Jun 3»
RR of Cuba 6%
pfd
100
Consolidated Retail Stores Inc—1
Consumers Power Co com—-ANo
2,300
.
*103%
15'%
24%
51
•
3
Mar
39% Mar 12
May 21
Jun 19-
8'% May 16
Consolidated Laundries Corp..
Consolidated Natural- Gas.
Consolidated Vultee Aircraft
350
43
50
8% ^8'A
y
35%
110
35%
11 '/a
24%.
.
13'%
14
IOO1/2
11%
15
■;
14'/*
101
101
105%
.
100
7,500
8,800
*997/a
1017/0
*103%
V'-* 24'%
1047/2
—
23%
*48'%
-
55%
*103'/4
4:;
15%
15%
24 "'':■;
104
357%
V3G"-''.
11%
■
109'%
'
15'/4
55
*102%
■'
8'A
44%
,
23%
•y
23%
103%
35%
137/8
49%
16
■;,
•
-■
497%
-
49%
42%
100%
106
44
51
50
36
'-A7%
15%
23%
23%
:
.11
12
487/a
110'A
.
*101
101
35i%
44%
15%
,*102%
*103%
lO'l
•
23%
51
•
35%
1017/e
*105%
11
«
42%
43
♦14% y.14%
11
12
■
:
1091%
llO'/a
'
14
35%
7/a
12%
48%
48
•307%:
*101
34%
49%
44
36'/a
102%
.
■
43
102
*11%
!"
< 110
42%
102%
11%
-3m
357/s
lll'/V
*103%: 106
*11
■a
/141/4
'
Jan
4-
3
No par
Consolidated Grocers Corp
1,200
12%
48%
May
Sep
105
28
^ 24% Feb
18
Consolidated Coppermines Corp
5
Conspl Edison of N Y com
No par
$5 preferred
No par
12,400
v
;
Publishing Inc
Consolidated
4,000
5%
48%
35%
1178»%
22
K" 35% July 28
2 'A May 19
109'% Oct ' 3
27'% May 19
29
-
July 24
Jan
US'/a Feb
20'/a May 19
29
14
38 v* May
44% May
43% Jun 27
Sep' 29
No par
11%
357/8
111%
31
95
;
26
26
100
Commercial Solvents
11%
.
-A 15»% No?
18
15%MayiT9-
33
10
11%
14
20% Feb
'
wa-No par
11%
*35%
108'% Mar
Jan
11
3
7
*11%
!
Deo
Apr
11
•
Oct
6
189
141 - May 19 '
Aug 5
x61% Ju» 19
65'% Jan 11
1155
1140
May 21
May 22
par
10%
21%
Sep
97%
68%
A
10
Mar
48
Co—____.No
10%
21%
94
Jan
11 Va
14 V
117/a Feb
22
Commonw'th & South com—No par
$6 preferred series—
No par
Commonwealth Edison Co
—25
137/8
27%
32% July 24
•'
Feb
14
1,900
15
Oct
Sep
6,700
48%
36 'A
38'% July
68'A Apr
8'%
29%
*11%
i
114
Apr
110%
yV
30
-
Deo
Nov
10
29%
15
48'% Jan
30'%
Deo
21
__No par
Electric
Columbus & Southern Ohio Elec
3,300
105%
106
$4.25
&
109%
14%
Sep
t108
47
2S%
14%
•V
47
111%
25 Vs
18
38
29%
25
20
Feb
Oct
]11%
106% '107%
Feb
'
Oct
3%
25%
21%
29% Jah
111
X 28
'j
May /J
Nov
29%
106%
63
»A
111%
.
Sep
20
29%
25
36
i
Jan
27'%
111%
106%
July
15
l
Jan
25 Vs
32'% Jan. 10
svyyayy
5%
X
•
251/4
Oct
Deo
6'A
32% Jan 21
3%
31
i
14
Apr 19
29%
5%
Deo
14
8
May 20;
22% Apr 16
111%
*30-
ji
23
—,
11
V
Jan
18
100
preferred—.100
29 %
:
67%
Jan
preferred
111%
28%
i/
Deo
Feb
5
29%
28%
Jan
55
67
——No par
112%
-
Jan '
59i%
57'% May 15
t
76%
37%
19% Feh lh
21
Feb 18.
i
f per share
No par
29%
112
Jan
Sep
—!_2<50
Columbia
16
:,
43'%
Deo
101
Columbia Broad Sys Inc cl A_._2.50
94,800
36%
43%
1st
2nd
12%
36%
44%
:
12%
*15%
*70
non-cum
500
16
43%
44
non-cum.
4%
25%
37
42%
15%
Range for Previous
!—No par
25%
16
43%
i'
Sep
109
'
Colo Fuel & Iron Corp. com—No
par "
5% cum conv preferred
20
Colorado fh Southern common..100
600
36'%
70
'
Jan
Range Since January 1
—
Collins & Aikman
Colonials Mills lnc_l
180
30
16
42
Jan
82%
NOV
1/64Qct-'l
Coca-Cola Internat Corp
—No par
Colgate-Palmolive-Peet com
No par
$3.50 preferred—No par
-
1,700
26%
26
40
8,200
14
13
'
43%
38'%
17
•
;
Class A
1,100
18%
*13%
.
x;
Sep
3t% Sep
347%
>•
STOCK
Coca-Cola Co (The)
7,200
15%
*13%
i
14%
13
i
♦
36%
70
H
Oct
15% July
11'A July
45
10
Far
3,000
.
12
43 V4
Sep
July 23
lO
^
EXCHANGE
—
—
29%
.
NEW YORK
180-
,
46
18 va
14
26
Al
■!
7
3%
1V
56
A
78^fa Sep ? 8
48% Sep 16
,
Feb
AFeb j A
27'A Jun
^32
33%
53% Feb 13
31'% Sep 15
,•
May 19
37
144
Oct
X
27% Feh 21 '
.
106 % Jan
;
Oct
X
/
Jun
107'%
^^lOOv
rights
•
100
•
•
103
29%
18
,12%
T
:
37
com.—No par
Shares
-
63
45%
14
26
180
*101%
S
18'%
-
per share
63
15%
M4Va
Sale* for
*1300,
102
18%
41%
Peabody & Co
Common
the Week
*177
.-46;
45'/a
102
-
n
4
8
.--I.!
1:,
Preferred
150,100
Oct. 3
62%
21
13
Inc.—
57%
•
A?
6% Feb
38% Fefc
28
85
.No par
Clinton Industries
Jan
j
11'%
:
'if:
14% Feb
2
'
i,
par
-
149%
'
36
-
preferred
X
30
:
12% May-1-9
23
May 19
:Clirfeax:Molybdenum__!!—^_Nopar
700
11%
*15%
Illuminating com__No
:
Jan
14'% July
17'A Jan
11'A
1
:
14
Oct
84
—100
5% preferred—
j.^IOOCleve & Pitts-RR Co 7f/J gtd!^—50
Special gtd 4% stock—
50
—
fe
J
Clev.Graph Bronze Co (The) new—l
r'-i >
.
%
37 %
A38%X 38%
179%
147/a
*13'%
25%
47
-»•
$4.50
-
1,000
;
37
*
20.
*13%
25%
34'A
1
Ry Co com..^IQO
preferred
Cleve Elec
230
Friday
15Va
14
*25%
X-
*45J/a
'
14
25%
CLOSED
6,800
7k<17%Xl8 #■'
■
20
19%
13
34V4 ;
rl/64
15
177/a
41%
79%
1/64
62 v*
30
,.29%
;
C C C & St Louis
Jan
26Va
7
:
May 21
'37 '% May-19
27 V4 May 20
8
May 19
57%%
5%
108'/a
*1300
*13
13
149%
"177.
103
*13%
,
1
f per share
46% V 46 %:
29%
19%
14%
900
108'
*78%
37%,39%"-X
Oct. 2 X.
62%
•
103
•14%
2,000—
*107%
Thursday
:
'1,300
47
103
1
18'%
Oct
Nov
V-
10'% Jan
21 ya
i_-.5
common
Oct
9%
8% Feb.
v
«I
Apr ' j
25'% May M
66'% Jun ,-V
'
■
13
Apr
Oct
Jan
,V 7'%
2
15% Feb.
X
Oct
iurar
4%
Jan
32
12'%
12% Jan 29
97/4 Jan
May
114
17%
.
v
Sep
48%
•
2
102'% July 25
7% Feb
3
■■
2% May 21
6% May 19
107
:
preferred—^
—.100City Stores _._!!!!—^—5 ;
Clark Equipment Co new
20
•
105
■
r
Sep
Jan
Jan
STOCKS
180
62
.62
'%
1/64
per share
180%
-
City Investing Co,
J—!
PRICES
Oct. 1
#
800
;
8'/.
30% Mar 10
May 19
25
100
31
102% July
237% Jan
89
''7'% Mai* I
' 4% Oct 1 4
33
-:A 42% Mar 17
Sep 17
56'/a Sep
62'% July 17
9
8.50
com
.
*148'
Wednesday /
:
,
*1,300
—
46
103
SALE
i per share,
180%
♦1,300
HIGH
Tuesday
Sept. 30
$ per share
*178
62%
AM)
.
r
Elec
&
Cincinnati Milling Machine Co.—10
C I T Financial Corp
No par
• City -Ice & Fuel—..——No-par
3,800
1,800
30%
41
'17% /''
-39,
%
1
,
Gas
Preferred
-
95 X
*107%
V
100
: '■
1,800
<
189
*90
'
4l»/a
107%
17%
149i%
1/64
30%
'
;;*45%":,47'Xxa.
36
-
Cincinnati
Deo
54% Jan.
May-17
15v* Jan
15
Apr
Jan
Sep
;
62'% Jun 27
12% May 15
v
116
14%
517/4May l9
—i_———No pari
Chile Copper Co—u—25
Chrysler Corp: new.
^^^..2.50 ;
„'
16%
*165
:
.
39 v*
•
149%
148
A
%
%
34 y4
*107%/108% AA
*78 %" a79%
v
'
Yellow Cab_
1
No par
Chickasha Cotton Oil.——_—.10
3,500
9%
>89
Wb
*32
.
Chicago
Jun
11
10
com—Nop^r"20'% Jan'16
tchilds Co_!
35,200
31%
*91/4
*84
95
40%
79'/a
47 v-7
*45%-
.
y:i7% X-18AAA
:
189-
:
107 >%.
34%
*78'/a
-
17%
'
108
*107% /108;
80-
*45%
•t
107%
.
*90
41 '/a
.
30
45
*3t
;9%
17 AXx/
k165
95
•
41
33%
*79
189
*90
44'4
88
*29%
35'%
X'24%-25%
•<;
-31%
xl7
30%
-
*165
V
33%
y,; *45%
17%
30
41%
108
..
9 '/a
V
110%
31%
36% May 19
——100
100
59%
60%
27%
27%
*10? "107%
/
44%
preferred:
$3 convertible preferred
No par
P» pfd ($2.50) cum. dlv——Nonpar r' :
200
•
24%
44%
31%
"9%
*84
57o
800
1
,
4
110% Jan
;
"Chicago Pneumat Tool
2,400
V
'
Feb
27
23% May 19
:
•
107
24%.
88 Vi
.
■17%
.
95
40%
33
♦107%
189
•
•90
40%
*83%
17%
30 r
*29
•
9%.
88
17
107
.110
,24'A.. V24V4
9%
*83%:
•
>107
'
'A
4%
*34
60Va
24
*9%
*83
ST^CK.
*33
18va
4%
•
12'%-.
18 vb
4%
35
•
•
k
No par /
13%
2
4% May 19
__^._100
17%
28'% Jan
Chicago & Northwest com_—No'Par; 14'A Mayl7
400
•.
No par
.
2,600
53'A
L__
Series A preferred vtc
2,100
'
12»%
|
18
*4%
21v*
44
30%
$'per share
*17'/a
55
B—
Co cl A—25
CWo Milw St.-Paul & P vtc
4,200
30%
53'A
27
24
A
•
19%
30%
58'/a,
•
43%
.
18%
v53%
*12%
12%
4%
35.
Class
5,900
,
53%
.
4 Vz
•
27
110%
*54%
12%
%17% i 48%
*33
58%
26%
*107
53 Va
*12
35
59%
26%
.
30'/2
55
53VO,
*17%
35
30
Chic Ind & Louis Ry
6.200
;
X42%.; 42%
30
41'/a,
-"41%
53%
58
9»%
3.1
19%
54%
26%
200
32%
-
*12%
,
47/0,
♦33
30.
1,700
41/4
19'/a,.
41%
29%
*54%
>■:
5J4:
31%
'
41
5Mr
*3%,
9.
3%
:3%-
9%
.
30%
-
18%
18 %
-
Oct,
Sep
Va
6
if /
5%
Jan
8
9
21 "4 Jan
Jun 12
Apr 14
May?.9
May 19
95
•
par-'
3'/a
^40,5%
.i»!l
••
•' 6Va
coip^SOfV'V^'A
!_50 •
8%
29
2
2
351/4 Mar
May 19
May 21
Jun / 4
May 10
Jan; "3
No
-
Chicago Corp (The)
!
Chicago Great West RR Co
1,900.
v
&
Class A
•
July
Jan
14'% Aug 29
14% Feb 18
9
41'% Jun
23
Sep
20
Jun
.
25
20'/a
19'A
103%
10'%
23
'
19
Jan
38 Vi
Sep
20
161'%
Jan
12 »/a Jan
'
9'% Sep
No par
14
109'%
Oct
22'%
96'% Apr
11% May 19
—_
'
21,800
12
V
81'% May
23% Sep
Sep
.138
21% Feb
116
3
29V4Sep
par
No par"
1
1,500
1,100
11%
Copper
Products
/Chesapeake Cprp of,Virginia.j.——5.'
Chesapeake & Ohio Ry common—25
2,200 V ";
*5%
i
12
1,800
9»/*
/8%
.
Pasco
Champion Paper & Fib com—No par
$4.50 preferred
—No par
Checker Cab Mfg—
1.25
5%;
•
;
de
8,000
•98'%:
97%
;W9;:/y
;
-5% ;■
•:
137/0
28%
»■
9%, :
8%
5%
137/8
28%
,44%
297%
44%
5%
-
•
'
Cerro
Certain-tecd
2,000
105'/a
14%
r
•
Jan
Nov
14'% Jan
12'% Aug 21
200 V'Chain Belt Co._:_—
V
105%
9 Va
Si/a
28%
*27%
23%
.98
9
tp 8%
23%
23%
...
447/0
98
*27'/a
'
>
capital stock.w.
Century Ribbon Mills.——___No
,
105%
29% x 29'%
44%
.
.
28
-
Jan
Jun
10'% Jan
<
' 44% May. 19
Jersey——100
Sugar Co—
■
Vloleta
6
8% Aug 15
112'/8 Sep 10
90
,'104'%
22 Va Feb
X
■
Jaa
55
183
18% NOV
108'% lad
Juljj,
18'/a Jun
54 %
10%
Nov
Nov
31%
156
Apr 28
>32% Feb 24
•
23 y2
14;
-
New
3,200
i8%
/
ICentral RR of New
900
30 V4
♦105'/a 107
14
,,
200
14 /
•
V
^-4,7% May 19
.
23%
13%
•
Central 111 Lt 4'%% preferred
100V
Cent NY Pi Corp pfd 3.40% ser.100
•
100
,
7%
7%
*13%
18
Jun'11. V
$ per share
Oct
; 153
Feb
64
19% May 19 /
Central Foundry Co..1.—„!_^_1
6%
26% Sep
,
Central Hudson G & E Corp..Na par -4 /
20
90 ;
..
X139
No par
2,300
800
.A,.;
114%
90
104% Jun
..i.^100"
common.!.
8
158'% Jan
May 19
17'% May 19
Highest
$ per share
41% Oct
May 23
5%preferrecf—^LAw!—20
Central
,:;i7%
;:r 23
28 "f
23%
13%
9'
*113
91
Corp
7% Feb
No par49'A
Central Aguirre Association..No par
30%'
28
106
v.
.
1
9%
'
*8%.
%
114'%
•;
*90
;
9-.
138
1,600
'. *9%-
27% '
-105%
200
18'%
9 '/4
97/4.;
'■;•
•■
8'/a
*113
'/a
77/8
30
17%
23%
18%
J,
2nd preferred^.—
'/ Celotex
•
14
29%
17 -!'•
?:a*2t
97/4
"
82
7%
—
4,600
•
,
—100
—
Celanese Corp of Amer com—No par
*
$4.75 1st preferred—_.^__.No par_
A/,; 200
146'%.
'
:
Year 1946
Lowest
$ per share
.6
Jan 13
29'% May 19
common......25
Caterpillar Tractor
1&',700
•
9"
■7%
10%
i.r
20%
18%,
*13%'; 14 ya
7%
4
.297/0
*20% ;20%
13%
; 114'/a
•
.4
106'%
106%
(J I) Co
Preferred
y-f 4,900
26'A
*145
'!■ 29'%
29,7/8
20%
9%
l;
25%.
1!,T
& General Corp
Case
:
18%
9
'■-
29%
20%'
18%
9%'
*20
-
297/a
*ii3
*9%
r
146%
114
13%
■
*144
8%
113
92
*90
106'/a
146%
9
87/0
8%
25%
*106%
>
'
170
257/8
:
'*20%'
18'A
12,500
Ax
Lowest
-
•
J-' Carriers
1,000
40%.41%
•56
r 54%
26
,•'■
7
f" 148 '/4 "149 '/a
t- 56
56'%
'A
106%
29%
20%
18%
*111%
40%:
148
*144
20%
-
&P
25 v*'
29%.
18%
STOCK
40%
148 'A
-
54
*106%
:t
r
146%
23%
149
53%
25%
,
106%
20%
EXCHANGE
% CLOSED
/
.
,;.V:;*67/8
1
*6%
41%"
•
•■148%I
53%
*106%
27%
40%
149
52%
f
67/a
6'/a.
.
15
Range for Previous
Range Since January 1
Highest
EXCHANGE
1
6 '/a
(1363)
RECORD
'<
;
.
PRICES
•
$ per share
COMMERCIAL
•
Apr 25
Jun
0
27/8 Aug
8
26v* May 19
103% Apr 15
14
Sep 15
195
(
Aug 15
8'/4 Jan
4% Jan
40'% Feb 13
107 AMar
5
15
Xl2% Nov
13
Aug 14
75% Deo
58'A May
Xl85Va
2IOV4 Mar
Deo
7'%
NOV
'
4'/a
31
101
"
Oct.
Oct
Nov
•
-
14%
774
Apr
49%
„«<
,
Jun
Jan
110% Aug
'%
i
•
n
16
•
"
Sept. 29
Sept. 27
$
$
share
per
•
•,'.
-V
>
115
115
>» 27'%
*78
79
:>
V.
.
*30%
7
...
:tv".
>
.
■>':>• >■
32
1":
1
>
8TOCK
;
16%
I6V4
EXCHANGE
I'
'V.
j
..
.
•.
-
:
'
.
.
51
*165
52
>
10 y8
61%
61
10%
.
*60%
61%
4
>
• '
5'/a
173/4
:
"5aA
'
'
2
,
•'
1
■
hr
•
j," '
r.
..
J
*
1
,
.
V>>5/>■;•>? >
»
•
*27
27!/2
25
25
*95%
963%
-16%
16%
(
i
11
13%
39%
s*34
,34%
>39%
39%
• '7%
7%. "
/
.
13%
34%
39%
40%
41
40%
*33%
•34%
39%
40 y8
>
,
77/8
23%
40% > 41. v.,
%
34%
67%
:
13%
12%
13
11%
113/4
4,500
•39 V8
39%
23%
13%
>24%
24%
*16%
17%
,
>
V-
*37
44%
♦18%
19 y8
15%
17
38
24%
363/4
36%
43%
24%
-37;,,: 37
>'
>
•
1
.
S>
43%
,
19%
*19%
19%
16%
15%
16%
15%
38%
39
39%
*52%
53
'*52%
53
263/4
263/4
36%
36%
.20%
21
583/4
60
-
Devoe &
•>' 37%
,
36%
20%
60
60
v 400
>
■
17%
54
"20%
>
900
VDr.
*94%
95%
•«>
12%
*34
12»% t■■
34 »
187%
188 '4-7
127%;-
'*• "
•>
:v
*127
104%
>;
v
•
-
95%
4 V *94 y«
95%
*94%
13%
*123/4
187%
"127%
103%
'
'
15
103 '■>
102%
*111%
y4
■
Sept. 27
AND
HIGH
SALE
Tuesday
Monday
Saturday
V
V; Sept. 29
Oct
34 Va
Oct
145
Feb
July
DM
45
May
91% Deo
•'
"
.
08%
:
I
Nov
16% Not
31% May
if
i
28
Sep
36% July
11
16%
Not
34 %
Apr
17
Not
22%
Deo
17
13
>35% Jan
2
30
25%
>
233/a July 14
1
•
128
8
34
Not
May
101% July 29
101% July 24
23 Va Feb 11
11
■:
.
jt
j.l
•
•.
68%
8
25 %
Sep
50%
1
6%
Oct
16 V»
Jan
Jan
Apr
20
July:.!
42 y4
\ \
' f
.
23
Oct
28
62 % Oct
60
Oct
77
Deo
19%
Dec
Aug
Aug
40 Ve
4
;fl3%
30
Sep
1
25% Oct
3
Jan
2
22
»■
.
Feb
7
July
16%
15%
31% Feb
Oct
24
23%
I
Sep
39% May
•
T
A
103
600
'
—No par
5
No par
Preferred $3.50 series/—
No par
DWG
1st pfd——100
Duquesne l ight 5%
Cigar Corp-—5
Not
30
July
Not
52
Apr
62%
^
4
s
%
>
'
1
*
Jun
48%
Sep
10
25%
Not
48
*23%
Sep
37% May
16%
Deo
29% Feb
108% Mar
8
18
63% Not
7
Mar
24
lli%
Deo
15%
14
Oct
118
Jun
98% Feb
33%
Oct
Jan
19
91
Feb
10
>15
Oct
Apr
'41% May
34% Sep
24
25
NOV
58% May
19 *
share
1
!if<£ )/>>>>:>$
im
:>
±.I
23%
23-
*y>-'i7%
>'f
-■,
-V->>
■
44-
193'
:
'
STOCK
'5%
EXCHANGE
116
July
8
161
Oct
227
4
124
Deo
133
3
9
'>
••
•
19% Mar
116%
3
•
•
'
1
^
<
*
Feb
»
May
21
•
Range for Previous
*
Year 1946 ' >>
Lowest 7y
Highest-"
>*20%
99'/2
99%
*98%
V-
17%
':S .» 16% <17
107%
'
5% "
/
13%
37 Va
2%
2%
18%
>
'
18%
2% •
16%
17
17%
59
59%
59 %
58%
13 3/8
13%
13%
17
17 v
17
133/4
3%
3%
9%
13%
32%
105%
9%
51
,
13%
4% %
1,600
Electric
400
.'2%
2%
'
1,300
563/4
51
Xl6%
*32%
103%
3%
3%
9%
95/a
,
143/«
14%
3
9%
9%
51%
51%
*50%
51%
66
64%
64%
*63%
66
Radio
800
,700;
>3%
*
Emerson
•
9%
50 %
66 ;
6,300
;
230
83/4
83/4
*20%
21 y,
20%
13s/B
13%
133/4
"'^/44%
44%
•
-
t
9
9
8%
133/4
■
-
■
.
J
-
*11%
/
9%
93/8
21%
21%
21%
13%
,
45% :; 45%'"-
p" 46%
'
12
12
9%
21%
21%
.14
47
;
133/4
'
14
9%
215/B
10.700
13%
>
45%
13%
1.100,
,
•'
;
2,100
>■>.,' 900
—-4 >
Phonograph
&
13
6
Office
—10
common—25
100
Bldg———No par
common
No par
4%/.preferred—
tEquitable
Erie
RR
5%
Erie
•
2% Jan
;_100
50
5
preferred series A:
Pittsburgh RR Co—/
&
Evans
Williams
Corp
Products Co__
—5
52%
29%
45%
12
*12%
12%
>>53%
,54%
1,900
Fairbanks Morse & Co_—/—/No par i'
29%
1 300
Fajardo Sugar Co of Porto Rico—20 >
Farnsworth Televis'n & Rad CorpL-1, /
53%
29'%
46%
r:
400
13
12%
14
19
1
Feb
Jan
80 Va
Feb
353A Apr
Oct
48%
>
>3% Deo
13% Oct
8
Dec
:
16%
'"
14
Aug
27%
Deo
34%
10
7%
Jan
Jan
29 Va May
Sep
180% May.
128
Sep
167
40
Oct
66% Jun
44%
July
Sep
61%
Jun
11%
NOT
30%
Feb
17 Va
Deo
43% Mar
17
•
Not
21% Oct
104>
Sep
Jan
111
2% Jun
;
5%
Jan
Oct
23 Vr
Jan
9%
: 48
Oct
93
v.:
Jhu
Jan
V 90 i
Oct
95
10
Oct
22%
Jen
"33%
58%
Apr
63 V4
Jan
Jun
17
19
Eversharp In<5—;
;
///-//«,/
1
12% May 17 1. 25% Jan 1>
Ex-Cell-O
Corp_——_———3
32Ve May 19 > 47
Oct 1
Exchange Buffet Corp./———2.50'17
May 12 >13% Aug. 8
Eureka
>46
12
2
8V2 May
47% Mav
64% Oct
7% May
18 >May
•
12
.
12
12-V:/>;
93/8
21%
.
—
Co
Endicott Johnson Corp
300
•\
V :
'
Natural Gas
District Electric Co
Empire
>114
19% Feb
.
-
30
14 700
"
•
51%
65
y
.
7
Not
65% Feb
16% Feb
39% Jan
> 3% Jan
8
Feb
112
Oct
6% NOT >
50% Oct
59 34 Oct
2
16% Fen 21
ft
21% Feb
19V2 Jan 8
/ 38
Apr 2
107
Mar 24 •
"
.
4% May 5
12% Feb
3
67
Feb 3
> 85
Mar 25
13% Feb 8
; 24V2 Feb
7
Electric Mfg
200
103%
3%
9%
103%
Oct
106%
4634 May 20
9 V4 May 19
May 19
133/4 Sep 29
27'% May 17
102
May • 7
Emerson
Paso
17%
IS
18
3
El
1.700
71
40% May
17
57% Oct 3
> 24% Mar 1»
1,100
14'/a
33 v>>
32%
34
preferred
Electric Storage
2,200
2 000
,
.;
-152
Battery/-—No pkr
Elgin National Watch Co
15
17%
593/4
133/4 "14 > '"■
*16%
17%
593/4
52
52
17
$6
400
Dec
101'
47 • Jan 3
16% Sep 11
150%
.
23%
4
No par
'$7. preferred————/—No par
57%
39
7
138
Electric Power & Light com—No par
1,100
Aug
25% Feb
1 171
July 24
156 y* Feb 24
12,800
57
Sep
Jun
209
Nor
Oct
11% May 19
M&y 20
137
May 26
18%
162%
103%
v>3,.o
2
190;
Ill % Feb
8% Feb
15'/a Aug 29
Elec & Mus Ind Amer shares——-
18%
16%
*13%
No par
61
"
109
Feb
27V2 Feb
2
50'/a May 17
10 Va May 19
> 333/a May 29
5
3
common—
162V2
13%
14%
1.300 ■'
Boat
Convertible preferred-^
150%
13%
34
33/8
3%
,
17%
105
9 % V.9%
,
-
593/4
*32%
.
1
31% May
Not
30% Jan
196 Va Feb 27
57
Feb 11
v
107
Aug 28
■ 43/4 May 19
——.—100
preferred
Elastic
Sep
16%
3
> 30% May
48% July 23
:
,
May 17
99% Oct
_5 r >
Ekrco Products Co common—"
6,200
56%
17%
>
■103y4
331/v
103 %
2%
593/4
:
18%
14
133/4
33%
*63%
'V,
«
19
100
preferred
133/8
153
56%
13y2
*17
103%
•••
*149
56%
16%
.
152%
56
13%
13%
4,100
Va %
38%
18%
18%
*161
163%'
163%
*148%
55%
163/4
32%
4
5%
55%
:>
13%
.
—4
Bros Stores Inc common—^l
133/8
55-'
-
2%
18%
162
150
55 V*
58
*103%
Edison
61*" Jan 80
182 % Jun
8
42% May 17
100
preferred
i
Eaton Manufacturing Co
>*37%
5%
13%
10
common
24% Apr
18
May 19
42% May IT.
P19
25% Aug 18
17% May 19
Z_L5; >
Stop Nut'CO—
Electric Auto-Lite (The)
5%
X38 ,:>'i;38-;iv/
2%
18%
?■
163%
148%
H
54%
J
cumulative
6%
c
'
13% '
37'/a
162
V
—
'
173/a
107%
163/4
*105
107%
5%
54%
53%
53%
*105
5%
!
'17y8
16%
107 %
♦105
:
16 3/4
V
10-
99%
100
*99
100
52
>52
CO
Kodak
'Eastman
1,200
20%
13%
54 3/4 ,:
Stainless Steel Corp
Sper share
S per share
Jf per, share
19% Jan ". 16
1 *
Airlines Inc—/_^
i
1,100
193/4
37%
18%
*16%
196
"193
-
51%
19%
58
V
196
513/4
13%
,150% 150 y2
.
♦193:
i
■'
51%
53%
.
165
54%
196
*36%
<
.2%
18
>164
S
44%•?. 45%
20%:
5%
133/a
2%.
> 9,300
>v44%V45%>:
19%
17
37%
37%
I
■50%
*105
53%
52%
v /
*193
>
7.300
Eastern
8 600
1
20
"'
15% Oct
21%
Not
34% Oct
:
,
7
Oot
•
11%
Apr
-
M;V!'i!•'"■ * ^
'
■5i";
.50
*
>
4
-
.
•
'•
(
'
'*
25%
253/8
*103%
<
v..
103%
•
■
18%'
6 3/4
52
29%-..
» '
7
52%
29%
-
'6% •y 7. "
7
53
-V
-
•29%■
• -
7
25%
103%
*36
•.
'
37
18%
-
18%
10%
11
25%
25%
>103%
103 y8
>
w
363/4
25%-
>>
25%
*103%
19
105
>*36
*18%
363/4-
f 18%
:
s
V
29%
.
'
25%
•
-
;
> 103%
r
19
.
29%
X
V
37
b*36
■"
51
:•
63/4-
6%
'
v
2°%
29
.
>;v.:-7:...
> - 25%
•
c>
37
103/4
.10%
;
■v",'V
X
24%"
■: 24%
233/4
r';^ >V
24%
V
11
1 24
"•
11
11%
•
<
233/4
24%
;>
36 3/4
100
1,400
Traction com—-15 >
> $6
preferred——————.-No par
Federal Mining & ;Smelting Co/—2;.>'
Federal-Mogul Corp new——5 -
11%
2,500
Federal
24%
ny2
%>
5,900
.19%
*103%
183/4
11%24
7%
3,800
Federated
25%
24%
4,700
«
105
/ *36 >
19
■
/
680
Federal Light &
■
105
1061/4
*105
21
21%
*21
:;-XXrl .*22%
21%
*105
:
•
22%
22%
52%'.
"••• 52%
52%
52%
50
v
50%
50%
51%
x50%
*105
■
-
106
»■
*21
21%
106
*105 rr
>•*21'>
21 % v
106
130
;.
-21%
300.
*154%
*22%
106
23
1
-*22%
-
23
52%
53
53
51%
49%
50
105
*104%
: 22%
:
;
*104%
106
22%
52%
106
:
r;
100
52%'
>/ 49%' -50%
106
600
v-
2,700.
100
'
57
57
*10.6%
107
*34
VV.
14'%
.
35
14%
*22%
24
1
27%
>
-
57
15%
16%
35%
35%
.
*57% >' 58
57
153/4":
I,;':' .V/■ *15%
,''V 35%
-
4Va%
Felt
Motor. Trucks—No par
Mfg. Co/—
& Tarrant
36%
107
*34
107
16%
•
•
'•
*
363/4
37%-
*106%
34
35
57%
107
^
-
:
57%
-16%
16%
16%
36%
106%
*34
34
37
*22%
14%
24
:
14% ! 14%24
*22%
14%
27
27%
.
10%
For footnotes see page 23.
10
10%
/'273/4
10 y.
28%
*22%
10%
273/4
10%
/—/Is,/
,
:
t
383/8
11,000
^
Stores
-
(The)
*106
35
4 107
*34
v..
15..
;
34%
15
:
*22%
24
30
100
27%
> '$4
preferred-
No par
:
1,700
Power..Corp—
Florsheim Shoe class A
28%
7 800
Follansbee
10
'10%:
2.600
Food
Steel
Fair Stores
Inc——/
10
1.
.
{ 60
Jan SO
I
7
22.
29
May
7'
14
8 s
23 ;
12 >
10 ;
4;
27
/ 59y* Feb 20 ;
5
; 61
Feb 21 ■
16\ 107% Aug 7;
20 ; i; 60 Vb July:23
27
t 21V4 Jan .29
19 / > 3834 Oet
3
21 ; 110% Feb 25
19"
41% Jan 8
13 /, 17% Jan
fl
29
24
Aug 28
13
•' 287/a Oct
3
May
143/8 Jun
18
May
14% Jan
9
May 17 "
30
—No par
Corp
81% May
14% May
24 : May
105
,_/_7.%
Florida
24
■
Florence Stove Co——/.—No par
273/4
•
483/4 May
42% Jun
104
Sep
»
100
National
May 19
25 Va Jan 161; .' 31% feb
;4%. May 19 >. "5%' Feb;
20% Apr 19 v: 25s4 Sep
102% Mar lft /: 108
Jan
32 * May 18 : 42% Mar
10 Va Sep 29
23 Va July
'93/a May 19
14% Feb:
19 : Apr 18>. ( 28% July
104
Sep
8
T073/4 Jun
20»/a May 17 > ^6% Feb
20Va May 20 '26% Jan
;
——NO par
First
Firth
106%
10%
—
preferred
900
1,400
37 %■
-
Corp
Carpet Co_—x—No par
Flintkote Co (The) common—No par
■V 4%%
59%
-16 3/4
'
-
Ena.nel
Fidelity. Phen Fire Ins N Y
-10
Tire & Rubber com_—-25
•>>16%
-
14%
Ferro
573/4
•:
J
14%
"
10
5
Firestone
'
26%
.
Dept Stores conr_/_No par i
convertible preferred—100>;
'
V
23
*105
106
*21
52%
-
:
<
106
44
-
•>
July
115% Jun
u
Jun
129% Aug
107 % Sep
197
ft per share
;
—10
Eastern
18%>18%
19%
:
Par>
-
-
Eagle-Pichef Co—
:
18%
19 3/8
20%
5%
-'''•V13%
CLOSED
196,
5 .100
:
50%
100
.107%
•105
-
.
;
24%
V
•
19 y4
50
101
17'
•17"
44%
>
20%
20%
..
144%
24%
-
Shares
C
18%
.19%
44% V-M'
t per share
24%
24%
--
181/2
18 'A '
•Ad
♦193
V
50%
*100
>
18% -V
19 V4
44 V4r
•
t per share
>24Vt24%
24 y8;
17%
193
.
*493/4
*20 %
4 per share
shat$
1*%
-
'
'
28%
■
tK-.
is*
19
43%
i
■$ per
share
per
•
28
30
Range Since January 1
Lowest
Highest
EXCHANGE V
Jan
34%
25
% iliiiiliaillli
NEW YORK STOCK
the Week <
r
143/4
28%
22 V* Jan
May 16
91
Jun
3
10% May 19
25>/2 Apr 15
173
May 27
1243A Jan 13
102% Oct
2
1103% Sep 12 1
14% May 20
.
1
—
—
No par
Sales for ''
Oct. 3
-—100
preferred-
International
itSTOCKS
,,
14
common——50c
Industries
800
14%
2
18
34%
>42
.
No par
Ltd—,
200
Friday
OeLH-t
18% Jan
11%, May 19
40% Sep
25
May 19
543/4 Apr
>49
May 22
34
Feb
25% Apr 7
39% July
28% May 19
21% Jun
16 Mi May 14
76
Jan
45M* May 27
42 3A July
> 36 Va Sep
8
111
Jun 19 '_> 114% Feb
103% Aug
101% Sep 30
—No par
Corp
Preferred $4.50 series-
1,600
:
Aug
13
Pont de Nem (E I) & Co com—20 -
Du
£>
Apr
50
24% Feb
18
Aircraft—
conv
60%
Sep
Oct
2
w-
Mines
Oct
16%
Jan
Car
Motor
!
I per;
*•
I
Jun.jl
31% Dec
33% Oct
28
10% Feb
!
..
21
17
Duplan Corp
»
3,600
•
112/
14%
Thursday
Oct. 1
Sept. 30
Feb
17%
8
25
Pepper Co—
Dunhill
600
PRICES
Wednesday
*
12 V«
Jan
>.§>!§ | e
LOW
-
Oct
8
Jan
14% Mar 24
v-
—
2
No par
33/4%
■
700
189%
*111%
14%;
.
>
127
103
112%
*14%
IS
15
15
34%
200
13%
127
V
-
94 y8
;i89
189
103%
5%
6% Feb
Jan
Dresser
34
127%
112%
Apr
50
200
13%
i
34
188%
111%
;
Ffeb
76%
26
27% Mar 25
—2
Douglas
16,700 >
.
•
94 Va
:
13%
127%
.
146%
Sep
47
5,000
103
.i8y8i
.
951/4
33%-
...
189%
1273/4
103
104
112
.
34
t ■ *33%
>188
>>127%
>
189
1273/4
111%
»,>
14%
*14%
34
,
18%
18
-
105
■112
•».> '"'«112*
13
13
*12%
>34
Oct
60
ft
2
5,000
38 3/4
111%
1023/s
*94%
>
<
.
103
1
15
y
38 V
*110%
18%
Not
5
Mar
43'% Oct
/,.
183/a /:
38%
1023/a
17%
10
Sep
253/4 May 19
21% July 25
No par
Dow Chemical Co new common-—15
$4 preferred series A
/-No par
$3.25 2nd preferred
;—.—No par
111%
102
Mar
24% July
82 % May
35% Apr
Cup Co common—
Dome
7,400
-
1,200
38%
>
1013/4
rl06
Sep,
25
preferred—-
Doohler-Jarvis
5,000
61
*60%
102%
17%
17%
,
38
1
*110%
/>
Oct
16% Not
45
> 63/4 May 19
—20
Co
Class
260
363/4
*110%
1013/4
95
5
70
'
.1 Sep
•
Corp-Seagrams Ltd
Distill
Dixie
2,300
26%-.
38%
38%
111%
17%
v,
Jaa
7
Feb
common-—No par
Match
par tic
Diamond
33,500
'40% '
111%
373/4
101%
111%
101%
165
18
20 Va Feb
57/8 May 19
100
—
Jan
Jan
Mar 12
139
"
.
20%
20%
61
6%
200
26%
36%
111%
37%
*110%
xioi%
pfd
Jan
28%
17% Oct
160
7
12 % Feb
12% Sep 25
^—100 y
com__
for
46%
19% Feb
16
Jan
West RR
Raynolds class A—12.50
Diamond
1,600
'
,
ctfs
Feb
115% July
66
98% Oct
—
1,800
?
36%
26%
37%
,
,26%
21
60%
100
.;:17>>;;
•53
53
52%
263/4
203/4
101
>
Oct
2
Jan
17% Sep
IOV2 May 19
17% Jan
3
17
May 19
207/8 May 14
2,400
19%
19%
38
58%
21 % Jan
165
,
22
8
Dec
"
15%
20%
34% Jan
54%
Deo
88%
Jan. 29
96
v
18
Detroit-Michigan Stove Co—_—"_1
Detroit Steel Corp
i
1
De Vilbiss Co—
5
•
,:
:
29
26
59
37%
38
37
13
263/4 Sep
Detroit Hillsdale & S W RR Co__100
44%
16
35%
>58
-
.
-26
36%
*26
.
25%: :
*433/8
.
37
15%
26%
20%
;
43%
*19%
19%
x37
53%
>26
19%
>
43%
44%
*43
-
Apr
37% Feb
25-1 >96% Jun
20
Feb
Apr
4,400
:
>17% >
*17
25
*24%
*24%
37
"
.
:
24%
,'!•
18
*17
; ■•17%
>*17
25
24%
24%
24%
V
>
24%
24
15%
38 >
53%
243/4
37
37%
*43%
.
>
23%
23%
.
'
243/4
17
-
Feb
150'
1
40
13%
13
Apr
110%
Sep
80% Feb
99
'
25
23
29% Oct
•
>
50/ /
^
Edison—/——•
Detroit
6,900
>65 ;
*60
63
13
13
13
23%
.
ctfs for
Escrow
8,300 »
23%
'
'
Escrow
11%
233/8
40 V4
Sep
110
.
Rio Grande
&
Denver
39%
*60
Oct
103
8
.
11%
23%
8
V
Jan
Apr
V 16'A
.
50c •>
7,100 > Delaware Lack & Western
8%
38%
62%
Feb
Oii Corp__^
Deep Rock
39%
■
Jan
54%
_50c >
11 > Sep 29 V 20% Feb
36% July
„:.l.-„i:> 33
Aug
8 /
—No par> 43% July
31
May 17
5,600 > Deere & Co common—/
Preferred—/SSViFeb
200
-u-^/——20
,34
Sep 22
'T)eiaware & Hudson-—i—
^
100/
32a/e May 19
45% Mar
1,200
40%
J
7%
62
Deo
Feb 18 y 132
^1
100>
Dayton Rubber Co—
•
11%
62%
series B
1,200
>
;:
series A—2—100
Preferred 3.75%
f
Oct
47
;14% May 20
9,800 Vi Decca Records Inc__
'343/a
40 Va
7% >.8>/
'
13
5,800
41%. :
*34%
39%
23%
233/8
>
Preferred 3.-75%
;
>
12%
41 %
.
34%
11%
*62%
240
34% V
12%
>> 343/4
39%
39
■
123/a
34%
Corp (The)——1
Dayton Pwr & Light common——7-
,4,600
130
14%
14
.
12%
34%
8%
12
23%
1 .14
V
*99 y8 >993/4
34%
40%
67%
993/4
403/4
;
39%
23%
98%',/,
'
.7%
11%
' *62%
«'.>
4
30
98%
>
Chemical
Davison
32
19% Aug 20
(
series A—i„100-
Davega Stores Corp N Y„___i_ v_5 V
r
29%
-
>
'
34%-
11% >
38%
99
pfd 33/4%
Cum
1
18% May 17
:_No par
i
35%- Jan
Sep
33% Jan
12% May 21
129
;■
.
Dana Corp new common—;
.
"*<?■
1,600
40
-
3,300
,«
>> 21%. >213/4.:
*16%
:
$ per share
28
128
113y* Jan 10-"
56
Jun
6 •
; 4% May 20 >
—1/
tj Cutler-Hammer Inc^_
200
29%
14
,
12%
39 7/a
>>>ii>:
'
7%
14'...
■
12
>963/4
V
21%
993/4
V 35
•
xk
*34%
> 39
>
'
»■'>
11%
35
>
99%
99%
-
*95
17%';
98%
'
>> 600
:>
:>
29%
fi99
99-
>
27 %
17
.IT:,,':
•/*;.. 2iv':
30
29%
'.13%
v' 11%
35
20 3/4
203/4
:!■
993/4
99':'
11%
34%
:
»
13% \i
>13
>Z
99
.
...
23% i24%.:
>
96 3/4
*95
-
17..,
*16%
30%
99.
>
20%
30
V
99%
'
.*99
-f.fi-
> 20%
21
■
!96%
:
pfd—.100
Class A——:
135 %
27%
■
24%
23%
24%
*95%
27 %>
*27'/a
Cushman's Sons Inc 7%
Curtiss-Wright
; 2,500
..
common
No par
1
1
Jan
108"% Feb 24
6% May 19
.
No par'
Highest!
•;4
$ per share
52% Mar 27
,
com—No par
Prior preferred..——,—
.
14,300
18%
,
"
99%
30 Va
X 99%
X24%
-
30% >
20%
t,
$
>
18
200
.
.
preferred-
$7
:
53/4
,
*130
*.16%,; 17%
U
;>
18%
135%
» 25
96%
25
*95%
.
-
Curtis Pub Co (The)
v
:
62%
5 3/8
53/4
5%
*130
::
7%
-—
:,
16,600
138 1
*60%
63 '
>-18
27%
»
>
;/■—.•
•.
"
18'A
27 Va
:
•'.?
*133
135%
18 Va
•
..
10% >10%
•
*130
17%
;•
52; ■;/'■
52■
135%
17%
•
•
> >130
26%
26%
■iiU
1
>
135%
*130
~
-
5 Va
5'A
5 Vb
53/b
17%
'.
preferred
100
10
v, 2,900 X Cudahy Packing Co com new
4%.%
preferred——
■—100
——^5
600 > Cuneo Press Inc
Cunningham Drug Stores Inc—2.50
200
,.
183/B>
*18
'10%
*60%
63
100
*97.
:
'
>>■''
137
*133
137
"
52
10'A
10%
*133
">
/
18'A
18'A
*50
1,5W>
•
-
(
16%
153/4
preferred
,
100
Cuba RR 6 % preferred
—100
Cuban-American Sugar common—10
5%
200
.
'163/4
180
*165
,
200
30 %>
•16%
'
> 100
v;
78% ><i
■
2nd preferred
No par
Crucible Steel of Amer com—No par
Lowest
*
v.v
44 % Oct
Jun
2
>
25
Apr 29
102
Jun 30
105'% May 19
22'/2 May 19
78%tSep 15
22
May 20
137/8 May 19
165
Jan
7
15% Sep 18
96
Jun 24 / 16% May 14
> 39 Mi May 17
$4
"3,000
30
47
preferred——No par
$4.20
>,
370
$ per share
23% Sep 10
y 313/» May 19
$2
220
■'
-
29'A " >
'
>».; 30
;
16
*97
is
.28
16% /
16
•:;
16%
*50
51■
136
122
">•.:■:>> 78%
180
•
'
2
(The)-______2
Cork & Seal com
No par
of Wheat Corp
preferred-.
No par
9,300 > Crown Zellerbach Corp com___^_-_5
104% >
Year 1946
Highest
$ per share
Par
Crown
>
400
•
,
32% V:
32
'
29 %.'
16 Va
16%
17%
,
Range Since January 1
,
Lowest
v r
Cream
400
3,200
44%
50%
'>> 104%
,
'
79
29%
>> > *97 >100
17%
*133
136
CI
;> :>
180
16%
v. 100
>>> '9%
10
9%
*133
^
*78
!';
79%
16>A
-
•>>'■"-
xi 120
■'
28
'
52
*50
; .5
«
273A
30
*165;
163/b
*17
"
;
:
i.
*97
17%
*163/4
i
>. *16 y4
100
'•*98%
CLOSED
16
180
:
28%
30
*
Range for Previous
>
:
"
104
104
120
*78%
30%
180
*165
'
31%
Shares >':>i
24%
V
EXCHANGE
the Week
..
43%
.
119%
28
78%
30V4
15%, />> 16
>•*165
:>' 15%
'"•••>
>, 78%
/
.
/> *49 %
43
50% ;
32 />",:
117%
116%
27%
25
.
share.
24%
43
31%
104'A
$ per
=
.
49%
r
51»A
30 3/4
104'A
>
115% > :
115
27 Va
263/4
y ;
:>■•
■
25
25
>*49%
303/4
103%
$ per share.
■
■
44 Va
423A
51»A
30%
->
104
102%
share
*24%
V
■: -v
102%
30%
30%
/
•>;'.
■
25
43
*49%
50
50
•>
:,
$ per
>;
share
42
42%
41 Va
'1
per
*?4%
25
*24%
■
■...
$
share
per
Oct. 2
Oct. 3
YORK STOCK
NEW
Sales for
Friday
Oct. 1
Sept. 30
,
STOCKS
Thursday
Wednesday
Tuesday
Monday
>
Saturday
Monday, October 6, 1947
RECORD
STOCK
YORK
NEW
PRICES
SALE
HIGH
AND
LOW
CHRONICLE
COMMERCIAL; & > FINANCIAL
THE
(1364)
15%Feb;13
147% Nor >
> 21%
SeR
•
20
•
> 88 >May
v
...7% Deo
/
100%
36% Feb
19% Jan
26% Jan
Sep-
,112% Feb
Sep
Oct
54% Feb-
10% Oct
>; 21% JUQ:
>35
'
21
NOT
104
8ep
.
s
■
19% Sep
49
'
51
Oct
34% AUg
108
-
>'
52-
Not
25%
Oct
105v
33%
Sep '
Oct
Feb
Apr
70
109 Va Jan
70% May
NOT
16
e
;
83%
•
Not
105% Dec
;
V Feb
34% Mar
:
•
28% July
46%
115
Jun
Jan
57
Apr
.16%
Sep
20%
Jun
20 Va
Oct
29
Jun
Jan
21V4
Feb
Oct
23% May
t
A1V*
12 Va
Volume 166
Number
RECORD
STOCK
YORK
NEW
•
LOW
Saturday
1
'
•
Monday >
^
;
Sept.
M'
' Sept.
I per share
v
S per share
,
-
>.
HIGH
Thursday
Oct. 1
■
Friday
*
Oct. 2
-
I per share
■
STOCKS
-
PRICES
Wednesday
•
I per share
>
SALE
Tuesday
Sept. 30
*
,
AND
■
Oct. 3
$ per share}.
•...!•
$ per share
'.
-
.
..■>}' '
Shares
«•
'
Range for Previous
NEW YORK STOCK
V EXCHANGE » V
f
Sales for
the Week'
i
\ >
Range Since
Lowest .
* Per sfiare
69% May 17
102% bep JO
19% May 1/
/
Par
r
;
'
73
-'73*
74
V '.
!
*102%
74
25 %
*74%'
1
«
102%' :
102%
103%
24'/a
.
75%
102%
*73'/ar
102%
25%
26%
24% ' 25%
' '
75 %
103%
'
103%
25%
26
25
25
"
25%
4
*25
25%
%
16%
*15%
•
=
25%
*25
*15% ' 16J/4
25%
15%
39%
39 %
14
14 • ;>;. v.; *14%
r 14%
'14%
22%
'S 21%- 22% iv22%,' 22%
•
*90
- 90%
>*90
91%
,'*90%
14%
'
8%
'
15
EXCHANGE
19%
147/a
147/a
300
19%
2,900
•
19%
5%
5%
5%
5%
5%
5%
28%
28 %
28
28
27%
27%
27%
27%
600
?0%
*
20%
20%
20
20%
20%
20%
20%
20%
2,500
20
20%
5%
20
5%
20
14%
14%
14%
*105
'
103
56%
V
10
'
57
10%
10%'
70
57
10%
12%
12% .12%
11%
11%
182
57
'
12%
11%
11%
79%
*78
42
*40%
*179%
v.*
v
11%
>
79
79
♦79
80
v
40%
40%
*40
'
42
25%
;
152
v
25%
♦151
35%
37%
'•
36%
38%
♦12
46%
127%
U5
57%
38
___
12%
12%
11%
11%
12
'1,400
12%
53
:
•126
16
;
"
16%
17
:2%
t
58%
59
127%
103%
15%
15%
15%
15%
15%
16%
16%
16%
167/a
16%
2%
27/s
2%
2%
2%
•
T:
.
2%
13%
27
128
U.
>' 111%
♦101%
103%
111%
31%
31%
V;
31%
25% ••'•;%'
■•♦24%
25%
102
•
101
89
87%
87%
x98
v
%■
98
;
22 %
> 98
' *96
t
45%
>:v
22%
:
,
*57
•
,6%
•
121
..•""■•'
121.
28
,,
''i
.
54
:
'$$< /
55
.
102%
105%
.
105%
20%
►105%
'
6
35
96
*96 4:
98 Va
'
46%
47
46%
46
56%
>,1*53%
6%
6%
4%.j
6%
W:
20%
26%
"
•,
•35
30
20
*104,
:T u p;
104%
-
104
11%
^
;; *31 ;
>33%
16%
;
39%
155
&
104%
v;
22%
22%
Of: 15%
15%
9%
9%
*101%
102%
27%
27%
6%
6%
•
64
31%
K,;<
15%
*88
•
•88
66%
15
6%
90
12%
15 %
12%
44%
AND
68%
15
HIGH
Monday
15%
Tuesday
Sept. 27
Sept. 29
Sept. 30
I per share
f
share
per
$
!•&..
35% <-35%
15%
r
:y.r.
'•» '•
1
r'r: >
>■•' i >'
share
per
35%
15
15
V:j
6%
98%
98%
107
*106
6%
r
*f50
,
155
'
" 25%
?
107
*150
7%
91
V-
-
26%
25
25
*24%
99%
*98
*98
*39
,f.:
5
i
<<
\
.
:/•
26
39%
105%
r
52 V4
y
-
*
r
^
37%
-
25
107
-
155
*150
*7%
*88
'
,
-7%
25
*97
39 %
-
"
105
55%
•'.;'■;
148%
*146
19%
52 %
-
55%
148%
*18%
'••
;
.
53
53%
133
36%
133
36%
126
•
'
;.
"53%
132
•■--.
I26
23
11%
11%
*28%
29%
27%
53
36
126V4
22%
27
24
24
*16%
17
*16% ; 17%
(•>
i
\
t
♦15% -16%'
18%
•18
*18
:
17%
-
*
U7%
v
'
44%
18%
18
44%'f;
'*44%
44 %-
16% r
16%
48%
48%
25
19
44%
16 %'v
48
-16 %
'
For footnotes
see
"
page 23..
38
Not
Jan
13%
Dee
15% July 28
108
67% May
Deo
15
78
24
May
141% May
21% July
Deo
109
Jan
a
104
Deo
68% Jan
$1
48
Sep
71 y3
Apr
13% Feb
17
10 Va
Sep
14%
Apr
185
5
July
18% Jan
14% Feb
1
x170
Dee
13
47% Feb
Apr
16%
Apr
74%
Deo
90% Aug
x35% Sep
13
8
160
Jan
7
39% Feb
3
4*% Jan
9
27%
47%
Aug
40%
Apr
Oct
Oct
182
33%
Deo
52
Feb
39%
Oct
56ya
Feb
156
Apr
Aug 21.
16% Mar
May 19
28%
Sep
'
Feb
103
Not
8%
9
11
33
•
Apr
200
3
54% July 11
131V4 Feb 25
x122
Feb
42
129
64%
Aug
Deo
135 Va
J..n
114
68% Feb 11
Jun
126
6
Sep
123
Jan
47%
Feb
80%
Oct
Feb
124% Not
132
101%
Dee
103
Dec
0
15
Not
29
Apr
21% Not
40%
Jan
Mar 25
101 Va Sep
16
19% Jan
26
Feb
8
4% Feb
8
2%
Oct
16% Jan
31 % Feb
6
14%
Oct
23% May
8
24%
Not
48
May
Oct
150
Apr
140
Jan
7%
Feb
26
6% Feb
8
4%
Oct
11%
Feb
28% Aug 20
20 y4
Oct
26 ya
Jun
23
29
Jan
47
Jun
124% Jan
29
101
Oct
132
35% Jan
2
32
Not
jO'/a oan
30
Feb
106
137
1
24%
July
49 Va May
Apr
46%
Oct
Oct
111
Feb
Nov
60
Jun
Sep
118
Jan
96
Oct
104%
Sep
Mar 31
22%
Jan
42%
105% Jan 20
102%
Deo
108
100
Apr
15
40 y4 Feb
11
32%
108
Jan
22
102%
98
Feb
5
32
105
Sep 30
17% May 19
96
Sep 25
34." May 19
97
30
Feb
103
Jan
Apr
106
Oct
66%
Jan
63
9
17
Sep
Oct
36%
6
49% Jan
;
Apr
May
7
,
Dec
58
May
1
8%
Jan
151%
Jan
47% May
88%
Apr
107
Mar
77
Apr
113%
i.3,
Jan
Feb
16
Jan
12%
Jan
64% May
27%
Feb
40%
Jun
Feb
112
13%
Dec
35
Dec
21
Feb
64
Jun
34%
Jan
188%
,
Apr
79
Feb
20%
Dec
111
Apr
52%
17%
49
49
Apr
13%
Jan
108
Jan
30%
78%
78
Jan
Jan
May
exchange
Range for Previous
January 1
Range Since
/
.
:
Lowest
7%
Mfg
1,800
;
■,:>
300
Hecht
Co
1
Inc.
v
36
Heinz" (H J)
cum
(G W)
100
25
35
105
common
.25
22Va
No par
No par
v
•
1,500
*
28
28
28
25
\
*
11V2
"24%
240
500
2,400
v
v
.
V
.16%
16%
18Va
s
300
900
3,500
>
Hilton
15
Hotels Corp__._——
Hlnde & Dauch
10
Paper Co
Hires Co (C E) The—J
Holland Furnace (Del)—
,44-/,.
100
,
;-V-.
Hollander & Sons" (A)——
700
Holly Sugar Corp— >.■—w
Homestake Mining—1—
HoudaiUe-Hershey com-J
$2.25
preferred
44%3,100
17
17%'. 17%
49
49
49
Oct
>
17%
Oct
11?
Feb
4
108 y4 Sep
12
Jan
.<.26
Oct
160
,
1
3
v
40 Va
May
24
Aug
26%
Jan
103
119
Apr
105%
Jan
109Va
Apr
,20%
Sep
151%
.
Oct
Nov
34% May
170
Aug
Jan
27
39% Jan
6
33
Nov
60 Va
May
10% Feb
3
8
Oct
16%
Jan
100% Apr
>
7
69
Sep
106%
2,700
400"
12
35% Jan
30% Jan
Sep 19
-
3
165
Aug 22
'.•'
22%
14Va May 17
50'A Sep
9 '■63,
134
131% Jan' 10
38
34
Sep 19 >
.134
119Va Jun 17
' 20
Sep
5
' 10% Jun 23
>26
Jun 11
^5
•
_I5 '
1?.50
—No par
Vl50
.
14V* May 28
•M7
May
»
35% Jan
13V* May.
46% Apr
Jan
Feb
22"
R!
Feb
5
Sep
;
25;
Sep
5.
May
44
Deo
•'<
Dec
105
% Dec
Oct
169%
90
Jan
Dee
192
Aug
17% Nov
46
Dec
51
109% Mar
Va
Sep
38%
Jan
72 %
Apr
130.
Jan
139
Apr
123;
Nov
146 Va
Jan
22
4
Oct
39% May
3:
32
29
Jan
26
Feb 10'
Jun
Feb
13,
Feb
21
I"
Nov
x43
May
21%
Sep
41%
:: 22%
Oct
37V-
18>
Deo
40
22
Sep
34% May
29
•"31% Jan
2
-19% July 17:"
25
Jan 25;
19
23 .'t'48.
:
19%
19
56
15
36
Oct
Dec
61
Mar 21
29% Jan
■/.
41%
103
29;
Jan
Jan
"28% Nov
101
Nov
July 14
"13% July
22% Apr 17
21% May 20
1
No par
2
68
Apr
15%
29 %
14!
42% Feb 13"
.108
20%
8
8
'103% Apr
1
Jan
NOV
5% Nov
>
Feb
8/
8% Feb li;
';•!
..
'-;.18~ 18%
15
22
May 16 >
52"% July
5% preferred
«
;
—100
Hershey Chocolate new com_No par
.$4 conv preferred—
1
No par
Hewitt-Robins
Inc..1
___5
'
29 %
Nov
4
Jan
147
100
'Hercules Powder common
70
Oct
100
common
400
;
11%
11
19y4 Feb
May 2)
98
■
preferred.—-
Co
3.65%
"Helme
22
—15
common
7% non-cum preferred
Hercules Motors^
' A
V
'
Highest
$ per share
>
12 vVv4% May 19 r
25 " 25% May 16
Corp.
preferred—'—,
3%%
6'A May 19
88% Aug 20
6
May 19
5,600
29
I7
600
v
>
.
$ per share
19
28% May 19
1100 ;
Hazel-Atlas Glass Co
460
;
,
54
29
*47%
500
!
133 V
25
—
preferred
Hayes
,
19%
127
4%%
*
Industries
V'
-
i Lowest
35
89
Apr 16
14 * Jun 30
14% May 27
98
May 27
Hart, Schaffner & Marx————10
Hat Corp of Amer class A__
1
10
147
preferred
v;16,900
■
105%
conv
Hayes
; V
25 Vz
4%
3,500
.
,
1 33
Year 1946
1
,
$ per share
$ per share
25
Water—
j:
Highest
.
___
11 'A
v24%
>•
300
*27
•
'
60
600
-11%
—■-44%;., 45-"
17
'
,
*28%
..
48
22Va
.
27
Va
*131%
36%
23%
"
19'A
54
i?6%
*
Sep
:»
Hall (W F) Printing;Co—
5
Hamilton Watch Co com
—No par
8
>; 99%
*38%. 39%
*146
~l"
19%
I26
22%-
-•
1
: i ;;.
*5455%
132 -v -
36%-
125
22%
•
4
2
29
20% Sep
100
350 >: .Hanna (M A) Co $4.25 pfd—No par > 104
Apr 15 •
1,900. >• Harbison-Walk Refrac com—No par '
19% Apr, 17
*
6%
preferred
—
^100
155
July 25
,
,
105%i
.
55% '.'•
148
"19%
.
36%
125
23
*146
19%
7'/2
*97
39%
11%
.
43% Feb
121
May
■ ■
Hackensack
91
25%
29%
*16
17
23yaMayl9
Par
400
/
7% •>7%
; '26%
''
105'
'55%
!
'
;;26
V
25
89
*3&%-
105
;
.734
11%
24%
■
300
,
r
153
*88
26'%
25
105;-.
55
131%
►22
26%''
Dee
7%
Apr
„
.
500
,
'
v26 Vi
-*7%
;
7% V,
25%
98
*38%
> 91
7%*
-',—
"
*28%
24%
8
l
NEW YORK stock
V
v
:
stocks
Shares
*31% "33
,
8
11%
26%
:;
:
the Week
;:.,
106%
.
*150
32%
29%
<
.
15%
106%
11%
i
i
100
\ 26y.
•28%
^
W'/e Feb
125'/a May
conv
'■
Sales for
15%
> *97
25%
X32%
26
98
105%
52%
124%
23
Jan
-
.36
15%
107
33 Va
7%
♦24%
99%
55
36
127
*22
7%
;
131%
37%
126%
Oct. 3
*15%
;
•
99
*25%
7%
■;>: 25%
*18%
'•:
-
*35
15%
99
91
26 %
*146
*131%' 133'%
29%
1,900
$ per share
'
18%
-♦51%
;
15%
7%
7%
38%". 38%
y-
148%
18%
'
105
55
.-*146
.;
r
155
♦88
7%
T
..
36
:
*15
25%"
7%
,
V 7%
26%.
♦105
1
£
*15%
107
33 ■:>
•>r;
7%
55
'■
91
•
:,7%
v'l
:
*88
7%
'c
.r ;;V
?■'•<,
33%
*7%
..7%
:
J
!t iiVf i"
"
*150
•'
-
*32%
7%
V';6% f'7V4
CLOSED
V;
*35
99
VV ,25%
155
1
32%
*88
;
.
,
I per share
15%
*97
25%
32%
;
STOCK
t-EXCHANGE
Sep
v
6%
Friday
Oct. 2
15%
15%
107
*7%
...
Thursday
..
'
25%
17
58
v■
36
'
15%
101
25
*i.:.: a ...%
J"
♦35
15%
107
*1
Jan
•
VI per share
;
15%
f *98
Jan
20% Oct
-
35%
15%
26
i
PRICES
Oct. 1
14% Nov
r
.Wednesday
'•!rv
~-15 "
15
V
SALE
3
'•*
|J
LOW
Saturday
21
x17v, Feb
15% May
——
67 y4
-~.&
8ep
7
-
*42%
67
15
1
11%
18%
10% Sep
•
29
*88%
45
66%'
15%
28%
12%
*42%
66%
102%
'*6%
90
12
45
9%
102%
6%
Oct
4
,
16%
9%
28% i:
*6%
3
Jan
—
31%
16;
H
102%
28
12
*42%.
10
*101%
90
•; 11%
9%
17
10% Oct
41
xl01% Jan
,
vi
July
,
154
; *62 ;i-
32
15%
22%
*152%
64%
.
32
.
■
v
16%.
40%
22%
;;
;
Jun
112
■
>
,
39%
.
$5
Sep
17% Feb
3
Gillette Safety
700
99
48
.
11%:
33
103% Mar 10
—
3.300
28% Not
•
104
^V-16%
154%
*62
>
.
i
♦31%
17
154%
.
32%
27
u%
•
39%
64%
32%
36
20%
^ 104
ev
•IV
u%^
•31%, 33%
39%
156
*62
V
35%
.
"
2
V>e*53» 55%[^.;V> 400
56
.
20%
P,26%
22%
... -
6
27
.
,
27%,.
16%
"40 :■*?*■*
>:>' 22%
5
'
27
.?
20%
' 20
/>.;
'■
Jan
.
105%
V 4%
* :'A,*5%
"
'26%
,
57%
45%
105%
4%
6 % /'
*96
>
27% May
Not
-
103
45%
.
27%
98
16
,
28%
20%
r-
130
18
4'%% conv preferred:*.—si——50
51% May 6
'
7
Feb
6
5% not
> Goebel Brewing Co—i—1 V : 5% May 21
116
Not
123% Apr
7
*120
122%* '
*120
122%
20
Gold & Stock Telegraph Co
100
104% Jun 13
33
Feb 15
l, 27
Not
;>28%
28% '•• '>d:;428% ' 28%
1,500
Goodall-Sanford Inc i—
10 - 22May 14
71% Feb 11
59% Not
56%
57%
/• 56%
57% V;
5,500
Goodrich Co (B F) com
i.No par
49
Jun 0
106 ; July 23:
1007/b Sep
*102% 103%
*102
103%
>
300": 6:
$5 preferred—.—;
,_^_No par xl02. Mar 5
60% Nov
61% Feb 21
45%
45%
-45%
45%
9,400
Goodyear Tire & Rub com—No par
41% Jun
9
105 y4 Sep
109 ■ Aug
4
105% 106 * J?
*105% 106%
700
$5 conv preferred
No par
105% Sep 24
44
Jan 10
19% Nov
20%
20% *
'r
*20%
20%
800
Gotham Hosiery.
No par
J 13V* May 13
4
6% Feb
5
6yB Oct
5
5%
5%
.5%
r
166,700
Graham-Paige Motors—•
3- May 19 ;
8% Mar 27
5% Oct
5%
5%
6
6
•
'
600
Granby Consol'M S & P-——5 '
5% Oct 2
41
.Tan
2
30% Mar
36 "
36
'•
36 •
36
r.-'*
1,900
Grand Union Co
—-No par
> 31- Jun 2
20% Oct • 3
.12% Oct
20
20%
20%
20Va
3,900
'Granite City Ste61_r—
No par
12% May 19
Jan 10
28
Not
26%
27'A
27
27%
2,200 V
"Grant (W T) Co—,
——5
25% May 28 > v Ua
101-'. Not
.'.,103% ^0«•
240;>r'-? Z3/*% preferred^-.iUV———100': •■102,; / May 10* v 107 r Mar 5
14% Feb 10 V
12% Dee
*11
?
11
'V-JLI
j
800
Grayson-Robinson Stores* com,
1
9
May 2
*TV^ p,b 1R
33% Deo
*31 «u.: 33%iihv>'*31
33%;j(>i, '-v
$2.25 cum cqjiv pfd—J—^-No par VV31
Mar 20
13% Deo
/
16%«aJ6%v
t I6%ii716%
4,700
Gt Nothern Iron Ore Prop—No par
13- Apr 18 >17 ' Sep 30 V
>
% P en
3
.40% Oct
39V2
39% v;>» '39%
40
6,200
Gt Northern Ry 6% pfd—''--No par
34Va May 21
22 V, Nov
27% »Iar 5.
22%
22%
22%
23
V
2,200
Great Western Sugar com
No par
22Va Jun 25
158
Oct
163% Jan 27
*151% 154
*150
154
K'
60
Preferred
:—
100
142% May 22
70
Feb
5
/ 55: < Oct
*62
64%
*62
64%
Green Bay & Western RR
100
59
May 12
35% Aug 22
311/2
31%
*
31%
31%
2,800> Green (H L) Co Inc new—;
1 : 31% Oct 3
20% Dec
< 21% Mar
6
15%
16
16 V 16%
> 1,000
Greenfield Tap & Die Corp—No par
15% Sep 16
Greyhound Corp (The)-—
v
.
•
• v
'
10% July 11 ■
9%
9% 9%
10
15,800
New
—
—-No par
9
July 29
102% Oct
105% Feb 27
102% 102%
"
*102% 103% 300
4%% preferred—
V—100 • 100% Jun
6
29.
Oct
1
,23% Dee
28%
29
28Va
29
2 500
Grumman Aircraft Corp—-—^—1
17 , May 27
0% Jan 10
6ya Oct
6%
6%
/ ' 6%
6%
700
Guantanamo Sugar common—^—1
4% May 14.
80
Nov
93
July 16
88
88
*88
90
10' :
$5 conv preferred
—No par
78
May 17
14% Feb
3
9% Sep
12%
12%
12%
12%
8,100
Gulf Mobile & Ohio RR—No par
? 6% May 19
49
31% Oct
July 22
44
44
44
44
230
$5 preferred
No par \ 31% May 21
74
56% Sep
Aug
5
67% - 67%
>
67%
68
>
9,100
Gulf Oil Corp
————L25
57% Aor 14
16 Va Sep 12
<15" ' 15%
,>15
15% » " 4,500
Gulf States Utilities Co—No par
15 Aug 6
122
y 103
2,200
Jan
Jan
39
517/b Jan
Razor com—Nopar:>
preferred-^-.No par
23% 1
10,600 " 'Gimbel Brothers common
5
;
98 % ,SJr- '"
100 f
$4.50 preferred
No par ...
46%*K *
2,900>''?Glidden Co *(The1 com_k—No par ;:c
.46%
V 56%
40
V
c
101
22%
20%
•>>>
35
•''> 19%
106«
20%
*100
27Va
,':.v
45%
>-
4%
„
10V"
1,300
*
V:
26
":.'v97%
28%
55%
*
20%
':;'3%
'v> '6
25%
23'/a
6%
102%
44%"
25 %
97%
•120
55%
44%
26%
101%
27%
28%
102%
102%
44%
32%>:':v,^;. 1,200
32%
22%
'
;'i.
180
25%
27%
55
121
28%
29%
101
*97%
"
28
33
'26%
22%
>,
10
4,600
115%
97%
}
■
' '
'
V!"
2,500
V 500
29%
112
27%
6%
»
121
r
*
4%
28%
96
■'
58
6%
125
4%
97%
•
13,600
Vv'<
28%
22%
46% -" :
14%
27 4
125
27%
.=
v
98%
v
46
57%
6'/*
97
*96
45%
57%
T
v
97
•
;
.
27%
22%
>
'
22%
27
: .13%
VV *26%
Jan
61
22
2
13% May 20
16% Sep 30
Gen Public Service—
-,10c
2% May lb
Gen Public Utilities Corp—
5
12% May 19
Gen Railway Signal com
No par v 19 • May 19
6% preferred 1
———100
125
Oct
3
Gen Realty & Utilities—
10c
3% May 17
General Refractories.———No par;. - 18 % May 19
General Shoe Corp—^
-1
26
May 27
Gen Steel Cast $6 ufd_—No par
101% Apr 19
General Telephone Corp——20
29% Sep 19
Gen Time Instr Corp com—No par
19Va Apr 14
4%% preferred
:
-100
1C1
Oct 3
Gen Tire & Rubber Co com
—5
21% May 27
4%%
preferred—
100
101
Sep 29
3%% preferredJjVV-i------100
87% Oct; ,t|.;
900?V
Feo
35%
83% July 16
•
>"$5 preferred—--No par
Preferred $3.75 scries—No par
Gen Outdoor Adv common—No par
Gen Precision Equip Corp—_No par
.
.•
27%
4,600
3 ;'^
28
'
43
May 19
126% Mar 14
110
Jun 6
10
General Motors Corp com.
Jan
Sep
20% Sep
45% Sep
Apr 28
Sep 8
U
-
100
preferred-—
conv
•86
87%
' *86
87%
2J
'S•-';,r. '•>">;
7,. -«V ."'*>?'•/>•> ;
■
x27 %
17
*2%
102
101
600
-
3%%
<
21,600
' • V' 1,100
V': 1,300
15%
16%
:.;V
30
25%
102
157/a
V
101%
25%
•101
103%
112
33
^
127%
4%
*25%
103
25%
89
>
•/
,0
•-
25%
♦101%
25%
101
32
*126
28%
*111
»
par
par
par
Api
49%
6
24
Jun 10
150% Oct 1
32
May lu
37% Oct 3
101% Sep 30
par
100
iou
10
11% Jun 16
8
May 19
71
37
•
share
25% Jan
9
17
12
24
17
22
4
21
Mar
t per
25%
15
,
60% Feb
Apr 17
May 17.
.168
General Mills common.,..—No par
> 5% preferred—
loo
:
Not
.
Mar 12
10
—1
General Instrument Corp
v
59%
103
128
■
•30'
111%-
25%
•
103 %
25%
-
92
C,
25%
♦101%
'"
;
4%
58%
1 v
27
28
30%
110%
31%
*125
4%
V
14%
*25%
28%
30%
,1
v
128
4%
28
-'?■ ■■■■■'■
30
13%
27'
•125
4%
27%
30
14
*25%
29%
t
59%
*126
4%
>■ 31%
v *24%
•89
100
12%
46 V5s
,
*111
v
xl03%
27%
110%
101
128%
112%
-
103%
4%
25%
128*127%
114
58%
:'
27%
.'110
*127
128'/4
;
400'
'
*109%
v*40
43
103%
♦125
3,900
112%
13% <14
128
26,500
.
vW;
112%
115
*25%
102
;
.
."400
41,400
H'V WiF CO
45%
16%
»>
V *101%
;
'12% ;>:;;V.12%
;M' .12%
46 %;
♦127
128
>•>
-
37%
90
129
44%
46%%.-
103%
>?'%'
27
•
12%
36%
-General Cigart Co Inc com—-No
7%
preferred—-———
General Electric Co
a——No
General Foods Corp conu—No
$3.50
preferred.—
No
<;vT,100
;
•
37'%
:
:
151
36%
•
102
15%
*25%
>29%
12%
t
1
*101
127%
,:>V
>■■
101%
58%
;
2% '
27
37%
103%
14
♦125
37%
126%
?'
13%
'>■> 4%
36% >
37%
57%
103%
15%
36%
40
100
26%
151
101%
127
*111%
127%
103%
•:
:.fe
26% '
2b%
37%
r
42
-152%
■
36%
;
12%
'46%
*151
6,800
78%
*40%
;42
26%
151
'
*78
"79
36%
■
101%
127
127%-;
*111%
36%
101%
26%
150%
153
37%
12%
;€. 4g;:v
26
35%
■
102.'i.
j 102
*40
25%
25%
•
\ 152
-
General Baking_j.___.—
—5
$8 preferred—
——No par
General Bronze Corp
■:
~5
General Cable Corp com—,__No par
4%
1st preferred———-i
100
4%
conv 2nd preferred—
50
•
>11%
5
General Amer Transportation
182
12%
'
Bep
19 y4
26% Jan
107/e May 19
1,300
10%,',
ii.
July 24
*i9% Feo ia
May 21
105
48
3,400
V
58
10%
V
182
.12%
:•
57%
10%
*179%
12%
•
15
109
10%
79%
*11%
'4X11%
15
*105
85
General American Investors com—1
$4.50 preferred
———100
4,000
15
10J
*105
57%
•f79%
'
■
147/a
103
v:
-
JIO'/b
182
•179%
15
*105
:'56%
109
56%
"«
10% >
182 ' t '
14%
14%
*105
>>■•
57
*179%
3,700
—i
9% Sep
5% May
18% Jun
12% May
14% May
4% July
26% Aug
14% May
preferred——
—20
Gamewell Co (The)—--——No par
Gardner-Denver Co
No par
Gar Wood Industries Inc com
1
4%% conv preferred
^50
Gaylord Container common—1.66%
V 5%%> conv preferred
r-50
6%
7
>
Highest
S per share
110
12/a Jun lb
19% bep 8
JO A Oct J
common—1
com——1
(The)
Mya Jan
12% May 20
-
Lowest
$ per share
36 ^iMay 19
Gair Co Inc (Robert)
1,000
xl97/a
15
Gabriel Co
1,200
39,900
19%
121
7
'f.
*14%
9%
10'/4 ► '
9%'
O
"19%
5%
20%
>121
:
9%
19%
15
9%
9%.
9
/
20%
*14%
,
*9%
9%
:
150
■
Fear 1916
Highest
23 % May 2j
.
,
V
24 V/
90%
90%
:
28%
28%
•
15
•
7
90%
'
19%
5%
-
*14%
*90
9%
9%
9
*19%
■>
19% iX
22%
91
180
200
1,900
300
18,000
19%
19%
-
19%
15
*
9%
9%
9.
9
20
STOCK
CLOSED
*9%
9%
9%
14%14%.
23Va
23%
Food Machinery Corp—L——-10
3'%% cum conv ptd—-*-100
Foster-Wheeter Corp common
10
6% prior preferred_-J.--_>.
2a
-Francisco Sugar Co-u-—~*-No par
Freeport Sulphur Co—10
Froedtert Grain & Malting Co Inc_l
Fruehauf Trailer Co common__.--l
4% cum preferred——i—
.100
500
190
5,700
v
v
:
14%
40%
v*14%
.
16:
41%
-*15%
40
23
-
**19%
16
39%
40;
,
>w-
*15%
15%
39% ."V" 39%,.
39%
75 v / 75 % ".
'
102% 1UJ '
.
'
25%
26% • .V
;*25
25 V2
v
January 1
•
r
Apr
J
1
\
May
Sep
56
Jan
12%
Oct
28%
Fefc
46
Nov
52%
Apr
>34%
I
18
COMMERCIAL
THE
(1366)
RECORD
STOCK
YORK
NEW
'*
"
-
•
LOW
I per share
$ per
I per share
34%
•
103'A
104
34 %
42%
22%
*23
,
36
3%
22%
24
3%
24
-36%
36%
37
-
3%
3%
v-8Va
36 '
18%
21 Va
•«
>:■'
18V#
-
4
BTOCK
35%
35%
27%
26%
27%
58%
59%
60 Va
60 Va
*60
♦96%
97%
*96%
97%
*96%
*23
23%
.■••
.
••'
;
••
'•''.;y*
•x<
16
Va"
35
35
26%
35%
600
26%
27%
16,800
59%
174
97%
23 Va
23%
*163'a
44 ;/■■
16%
43%
'
,
9'/4
2,400
tr 500
:
...
16%
16%
•
45%
36%
t
15%
v
16
,
125 s,i? 125
•.
♦172
174
4" 36%
:
■■
*172
•
': 6%
,
177
10
.
37%
v
.
37%
5,700
Inland Steel Co-/^;——Il^^-l-No par
16%
"1,700
Inspiration Consol Copper—-A—20
Insuranshares Ctfs Inc—1-^.-—1
6Va
6%
6%
-1,100
43 Va
■7 *42%
43%
43%
1,100
107%
*107%
108%
•107 V*
108Va
*107%
108%
*107%
108 Va
10
3%
3%
3%
3%
3%
3%
3%
3%
3%
12%
12%
12%
12%
l27/a
13%
*6% f
43
3%
12%
'
43
'
214%
■
182%
/
./ 215
;'
.
43%
213
215
6%
213
181%
6,800
Interlake Iron
28%
,29
Harvester
7%
7%
,8,100
Trit'l Hydro-Electric Sys class >A__25.
<4,900
Y't 200
Int'l
♦84
87%
,
87%
:
4
4
27%
28
133
134
:3%
,
52%
>102
64%
-
12%
*111%
111%
53%
53%
40%
40%
58
58
12%
12%
20%
26%
54
♦152
7%
,167%
97%
55%
27,400
*110%
111%
12%
2,200
26,300
12%
21%
700
12%
*52
♦152
77/a
22 Va
8
8
97%
06%
44 m
97%
44
44
96
.
1. *43
>
120
500 -
44
w 103 Z
*102
;
3,000
70(F:
22%
96
,
<
102%/
102%
103
*8%
8
22%
22%
*21%
///)////,?30 :•
43 %
4,900^
•
-
42 Va
♦116t
24%
1
JJ2
42%
T17 Va
25
'43 Va
'
*117
1 .'117% 417%
'•
"
25% i 25%:
;-:i.
43% /
43%
%
■'
26'
v
'
120
1
43%
"*118%
122
109
*150
33
95
37
33%
(<ii
-
/
*150
1,400 J
•"
*93%
38%
16
16
16
3B'3/4
16%
*16
19,100
94%
/;/■//
16
16
-
•IO2V2
22%
22 Va
22%
23%
61%
/
103% 103%
103%
52
52
52
23 Va
103%
*102%
"103%
103%
Johnson
4%
23%
22%
23
23
23%
54
52
52
52
.52
16%
16%
16%
16 3
24% "24%
24%
24:,4
25
20%
20%
19%
20%
44%
45%
44%
45 V*
43%
43%
44
200
24%
24%
24 y8
108%
1091/2
♦14%
50
44
24
15%
7 "*52
.
4,400
700
-
*
■;'"v
'
:
16 Va
16
24%
16%
24%
•
•' >
24%
24%
19%
20%
19%.
i
1^*^4.7,'.
19%
43%
\ V/*-.
44
7/r'/;
109
14%
'!$ •'
37%
*49%
-37%
4'*',.
78
44
23%
24
'
•107%
14%
'•
•
35
37% 7 37%
*49% : so
47%
'
■
;
*77
78
35
101
37%
38% "38%
2,900
■
-
10,800
'
400
12,700
/>
v
180
160
-
4,000
50
50
SO
48
48%
J
50
48
1,900
38%
38%
50
180
V
47%
48
600
••
"50%
-
-2,900
25% July 24
.
•Kalamazoo Stove &
City
11%
Sep
22%
45% Oct
3
36
116
Oct
40% Feb
Sept. 27
$ per than
11 Va
SALE
"
Jan
50
Feb
,
5%
95
31
11 Va
/•/•/ 24%
24%/Y ■!
11%
;
11%:
;
*53
.
5%
54
.5%
11%
,
11%
5%
11%
;
*53
<
:24%
11%
54
; 25
25
46
■
•
:
46 Va
24%
-24%
*99 Va
•
7;V45%'
V
*53
-
100
;
10%
35%
'
10%
35%*
5 Va
5 Va
2%
*20
35%
2%
36
5%
-J
20%
*6% ,/;.7. ■ t.
*
l9Va
50%
5%;
36
*24
54
*
36%
5%
■
"
t
;
*20
••
11%
*53
;
•
3'
Jun
110
24 Va
Not
Feb
*>35%':-"35%;
35%
"5%
.-5%
7' 5%
2%
7
20%
T%
;
36
20%
*20
Sep
Oct
Feb
37
*7
45%
46%
46
12%
12%
12%
19%
19%
19%
54'
45%
45%
46%
12%
12 Va
12%
12%
'
'
'19V2
19%
51%
86%
8%
88
8%
'V 34
52
;
t
19%
•
-
', 52 Va
20
53%
184%
43%
43%
53 Va
53%
185
'
v-
r
54%
'
t 53
:
87
it, 8%
8%
8%
h 34
86%
-
184%
21%
21%
.7%
-
>33%
tV;
—•8%
34%
*33%
.
;! 86%
185
185
87Va
~
*43
■
3,900
12%
1,100
•2,100
.19%
'
56
5,200
~
"">8%
8%
5,500
34%
34%
400
87%
1,800
87%
185
45
8%
46
'
34%
86%
185
,
'
7 V4
86%
185
14%
*43
J
•46
53%
k
54
•53
**43
V.
54 Va
54%
55
54
53%
53%
*-
-
54%
"
*53
25%
25%
25%
25 3 i
25%
26
26
,-V. 22%
22%
21%
22
21%
21%
21
;
•92
97%
97%
*92
;
J
'
::
*92
-
97
13%
13%
13%
19%
19%
*92
19%
65%
66
65%
24 Va
23%
23 T a
ri 17%
; 17%
13%
•
*165
166
18
18
*165
166
23%
23%
*23%
44%
44'A
43%
For footnotes see page 23.
vft.-X
-24%
44
57%
'
53%'
■
•
NEW'YORK
21
21%
97%
*92
Lion
14%
19%.
20
13%
97%
13%
13%
.May
140
Mar
Jun
3
39
Feb
101% Feb
3
38% Oct
*
19%
20 Va
19%
20
67
67%
67%
67%
68
24
24%
23%
17%
*165
*23%
44%
;i7%
166-
24%
45
17%
165
'24%
17%
165
23%
17%
165
18% Oct
40%
Jun
45
Sep
87
Jun
15
Deo
26 Va
Feb'
8
19%
Sep
34%
Jan
30
11%
Not
30
Jan
2
41
Sep
60%
Apr
49% Feb
27% Feb
13
32%
Jan
13
21%
Not
:
116% Feb
13
108%
Dec
108%
*24
24%
*24
44
44'A
44
?
J
200
2,100
Highest
$ per
Y
26% Oct
110% July 30^
14
Dec
No*
Aug///
101
33
43
Jun
Sep
45% May
62% May /
65% May.
Sep
43%
23%'Sep
Oct
29.1
1
19
38
May 15
21% May 19
1
-.
' 1% May
•
101
13%
Not
20%
62
Deo
102%
-
-Apr
v
17%
Isio*
-
10%
34%
Sep
6Va
Sep
9
7
§%
a
.
10'
Jan
6,
-21%
Feb
8
>21% Not
59 Va Feb
10
•
May 16
;il
/: 29 % Mar 15
./ 35
Y;
8'
78
Apr
191
16
X48
;• 33% May 27
••
Apr
30 Va Jan
-109 % Feb
■
/' 20
19
Aug
8
58% May 19
12% May 19
>17% Apr 16
Sep
23% Sep
-
40
26
22
May 14
•
27
37%
21% Jan
.
V
3
Jan
29
29 Va Jan 31
53
Feb
7
23%
Not
:: 99
Apr
37%
Jan
102
May
210% Mar
65%
Apr
88 /'
Jan
66
v
Feb
Deo
18% Deo
25%, Not
43% Jan
120/ Aug
45% Jan
,
41
Apr
64
•
5
172
Oct
Jan
15%
<
Deo
Not
43
May
44% May
74%
i;
4
3
Dec
44
9
79% Feb
Sep
183 <
17
24% Oct
Oct
83
2
13
33
/
Not
28%
Feb 20
Feb
Oct
•10 '.Oct;
3.
3
28 V* July 24
98% Sep
165
43
-6OV2 July 14 :
14
10
10% May 17
'
,
July 25 •
Aug 29/
> 62% Feb
40 / May 19
/ 47
Apr
Apr
96% Jan
May 19
181
,
(55% Jun
Feb
24
; 25
,
Apr M
ii'^'oci
56%
Aug 18
38 Va May 19
12"
Jan
64
May
17%
Oct
35
X20 '
Not
166
Deo
;
I'i
5% Jan 1/
64
Oct
6%
Feb 11
Jan
738% May
715% Apr
18% Not
17
May 17
46% May 21
i
Jan
55% May
"'•17%
2% Oct
Jan
3% Feb 11
Y 25% Feb "l3
17
Apr-
Apr
2
12% Feb 13
1$
May"l9
5% Jun
May
Sep
82
>;?49;;/' Sep
44% Jan
8% Feb
10
"
preferred—.————100
c,—50
68
49%
14%'
1—„——No par
Corp.—-—No par
9% Jan
.14% Oct
3h% Fet)' 4
;
4% May 17
Highest
$ per share
Sep
11% .Dec / ;
Sep
8
13
.
r".
Year 1946
38
8
9 % May 20
30% Jun
S
14% Feb
£7% Jun 13
1
.
6%
9
>56 -1 Feb
/. 56% Feb
\
•>■/
Lowest
I pefrthare
share
Jan 31
May 20
49% "Jun
?
.
:
'■
..Jan
!
f: 10
Corp—_i_li—1
Nashville—
46
96
Dec
Jun '.
:
V:.
Feb.
7
4% May 19..
!
1
Louisville Gas & Electric A__No par
&
;;
$ per share
!
Louisville
w
.
Lowest
Long Bell Lumber A_—
No par
LorillaTd (P)-.Co common—It——10'
.
29
100
Range Since January!
'
4,200
44%
Feb
Deo
Range for Previous
StfOCK V'
2,500
24%
-■
15%
82
/•
18
7%
7
4
I
1 ♦
May
30% Aug
6
Feb
7/
55
Feb
51% July 15
24%
90
v
Jan
,
r"59
Lonfe Star Cement
:
11
36
Sep 22
102% Aug
5
39% July 11'
preferred,.—-l-i—-——1001
Inc 1_.
5
52 Va Jan
2,400
165
Sep
18% Del
13
24% Aug 25
LoeW's
Not
99
8
20% Sep
Prod Corp.—15
Lockheed Aircraft
18,700
;
31%
1
Y 19% May 17
;/■. 3%%11.700
'
—
18
Liquid Carbonic Corp com—-No par
3,300
13%
Sep
109
26% Feb
Works.—l_No par
Co.—111--No par
Co
4
"...
111
new.——No par
Oil
'
8
123% Feb
17% Feb
Lily Tulip Cup Corp—1-I-—No par
3,000
26%
21%
2
104% Sep 2
45% July 25
28% Feb
Lima Locbmotive
Belt
8% Deo
__
100
Dec
45% Nor
4
58% July 24
Preferred <——100
Link
DOO
23% Feb 10
Bryant common—-;
No par
4 %%
-preferred.*——i^Y_^--~50
500
54 *!'.i
26
.6,000
"
141
3
108% Mar
Lemer StCres Corp.—_1_—l.No par
Libbey Owens Ford Glass—1-No par.
:Libby McNeill & 14bby_iAli.i.--l—■7
Life Savers Corp.—-4.——-tl—15
Liggett & Myers Tobacco com—^25
100
45
56%
66
66%
23%
43
'
14%
19%
,
56%
54
26
t
<
45
Deo
Deo
14
24% July 28
'
*53
Deo
20%
39%
13 % Feb
r
Not
23%
■
25% Jan
"Lehman,'Corp.« (The) c—sj—-i—i
90
185
■
Dec
14% Not
preferred-————No par
'Lehn & Fink
*
"
185
7
11
"■w
Coal & Navigation Co——10
Portland Cement———25
Valley RR^_.—-50'
Valley Cdal com,.—No p&r
Non-cumulative preferred.—___50
$3 non-cum 1st' prefcrred_iNo par
50c non-cum 2nd pfd-'_——No par
2%
39% Not
11
104% Feb
53
Jan
27% May 17
Tirej.——>——5Lee's (Jamps) & SOnS Co com.—
3.85 % cumulative preferred—100
'
Sep
52%
36
5
34% July 28
May 15 '; lia
Jan 11
x93
•Lehigh
Lehigh
-Lehigh
Lehigh
5Va
36
'
20%
*7
7%;
45
-
34 /•//
'
2%
*20
v
11 '36%
101%
20
Aug 25
July 31
24% Sep 29
Lee. Rubber &
99
'vl0%
'
8%
25
99
11 *}■:
/
Oct
11%
53% Oct
May 19
107
Lane
47%:
:
Sep
95%
26% Aug 19
27% Oct
3
39% May 20
•
38%
•
26% Feb 11
102% Sep. 29 /
1
1,300
•
15% Apr
;
Aug
17% Feb
lo
37
133
17% Feb
!
2
12%
2.900
•
54
'
.47 :7
-99%
:
Apr
Deo
40
■
Apr 14
May 17
6% Jun
Laqlede Gas Light - Co.——_ _4
La Consolid 6%-/ pfd_Y_75 Pesos Mex
Lambert Co
(The)'L—/—No par
'
*6%
51%
*33%
v
Jun
Oct
62
Jun 26
143% Jan
3
58% Feb
44
38'A May 20
Par
400
102
Sep
12
Sep
116
T
20
EXCHANGE
2,300
''
25%
24%
99
10%
36
20%
;v
;
*11%
48
*24
99%
10%
5 V2 %
2%.
'
20%
«
24%"
35%.
y
v
'
47%
10%
*99
'
V'; Y;
2%-; 2%
20%
45%
12%
>19%
-
*20
20%
12%
.36
48
47%
46%
«4%"".24%-;.
99% ' 99Va
'
10%
.10%'
1
11%
Feb
Feb
Jun:
202
Deo
6%
'
250
Jan
66% Not
Feb 18
16
Furniture——10
Shares
5%
11'A
11%/ 11%
'
'
STOCK
5%.
5%
*11'AS 11%
•24%r 24%
-
$ per share
'
May
20%
175%
12
55 Va Oct
107 Va
(S' S) .Co—f0
Kress - (*S H) /& Co-Zi;.j/iiilNo par
Kroger Co (The)——l——--No par
.
May
Oct
195
13
10% Feb 11
85
thC Week
59
112
13%
10%
'
11% May
Sep
Aug
5% Deo
July 14
186% Jun
Kresge
Sales for
Oct. 8
I per share
# per share
5%
11 Va
11%
24 .'
Friday
Oct. 2
"
7%
35 Va Not
105
11
225 Va Feb
2
May 19
> 32
100
stocks
"/Thursday
Xi
9
15% July 24
->
Koppers Co Inc common.—-10
Cumulative preferred 4%, ser„100
•
Sep
Mar 21
,
Aug
44% Jun p
; 22% Feb >Y:
Sep
13%
Jun
190
Power & Lt Co—
PRICES
Wednesday
Oci.i
.
$ per share
,11%
54-r:t
♦53
'CLOSED
■-
.1
Sept. 30
5%
5%
HIGH
"
t per share
4 % *11%;
23%
AND
Tuesday
-
Sept. 29
%
SXCHANGB
*
Monday
.-■33%
5.
Jan
151% Jun
168% Mar
17% Fbb 13
8'/a Feb
8
;,VS,';
LOW
Saturday t
Jan
May
54
Sep
4
18
133
(G R) Co common——1
$5 prior,
Jan
16 Va
Oct
40%
A—i.-_:ul00.
37%
i.
1
Oct
Feb
•
preferred'--——
£——100
Kansas pity Southern com.t.No par
4l!o non-cunt preferred
-C.100
•Kayser (Julius) & Co—-YYi-_5
Kelsey Hayes. Wheel, conv class A—l
•Class B ——1
Kennecott Copper:.:.::;—-——No par
Keystone Steel & Wire Co_l.No par
Kimberly-Clark Corp com—No par
!. A% conv 2nd preferred-:.—-—100
Kinney
36
July 17
17
3.8c/o
>
Sep
2
preferred—100
Joy Manufacturing Co_——1
Oct
•
180% Feb
Chicago RR stamped—.100
&
14%
6%
23 '
July 17
30 Va Jan
136% Apr
1
commons
Apr
"
^7% Jan
2nd preferred series A—100
Jan
25
." 10%
38%Mayl9
100
<Jun
I
9 v May 19
104% May 16
1
Jan '
99%
Sep
Apr
85
.
Oct
Jones & Laughlin Steel com—No par
300
-
-
357/a
101
47*%
,
47%
800
'77%':
101
"
;
46%
35
1003.4
■■>
20%
76
35%
100%
' 38
"
2,300
.•'•25 /
45%
14%
35%
-
17
a
*19%
/
109
*14%
,;78
•
100
:
*107%
14%
78
.
34%
,
109
*14
101%
34
47
>42 Va
109
*100%
50
3'7 /'■"47/-i
/
'77%
;//■
34%
101%
"t
•/, •; ipki,
14
78
34%
♦100%
,
»:
43
23%
-
♦107
"14%
78
•'
i':'f
23
"
7'
'
43
23 Va
7.///:/ 108
11
-7
44
22%
•'
44%
43%
'
•43
I • '{^
7
16% 1
16%
-
Johnson
8t
87
4%
Corp 'com—-No par
5 %' preference'series
-
97
44%
45%
Oct
28 Va
1
preferred.—/
3%%
Kansas
103% 103%
cumulative
3%%
Johns Manville
41
60 %
19
.i
31% Bop
18% Oct
7
1
Aug 22
.
8
"9% May 17
Co—
Jun
8
20
1-
Jun
10%
29
No par
•
Feb
30
60% Oct
49%
5% S«P
1
39 V* Aug
•
v
Oct
8
.
5% Feb
Jersey Cent Pwr & L't 4% pfd—100
Jewel Tea Co Inc common—:i.No par
i;
Si "I-
5,400
25 Va
7% Feb
25
Joliet
34%
2
: Jan
30
: ;
24
:::
.'X.**
:
*93" ':,
38%
38%
16
*15%
"•
38%
95
34% Mar
36 Va Feb
21% Sep
109
34
34% '
•33%
95
37%
CJ1
*108'%'
109
*150
—
81%
*93%
•
*108%
109
f*108'A
■
'
13
95% Sep
■
♦108'A
:
7
Jaeger Machine Co common__No par
300^
:
:
26
26
26
•
Oct
May 19
:—^No par
,
Coal -common
(F 1)
Jacobs
14%
108
ctfs———i-No par
$6 preferred-
155
13
9 % May 17
Stores
Dept
Creek
Island
20 JA Feb
2
No par
Tntertype Corp..
100
-
53%
Interstate
45% May
46% Apr. 23
■
Jan
>•
96 / Jan
•
i.—x/^_25
-
Telep & Teleg
Foreignshare
1,100
26%
International
2,100
20%
preferred
7%
100
12%
11%
Jan
Sep
.
-
12%
25
33
27% Sep 30
130% July 9
International Silver common,—-25
36%
*35
Oct
11% Deo
84
Apr 23
3% May 17
•
Jun
3
27
——No par
-
5
Jun
3
20
'
Shoe-i——No par
International
26%
;
preferred—
International Salt
1,100
58%
'58%
36%
5%
100
500
41
41
59
155
*102
;
110%; iio%
63%
53%
28
•
Jun
:
No par
No par.
100
5
13% Mar
30
Jan
6
Feb
V- 7% Feb
i 22% May 19
Paper Co com.,—15
$4 preferred—
Int'l Rys of Cent Amer com
'
53%
*53
54
/;
;
preferred—*.^.-100"
Corp.—i—-_Y1
International
,
July
60% Feb
i 176 % Jan 2i
v
common—_l5
& Chfem
Nickel of Canada com
No par
Preferred —————10Q
1,300
s
Mining
Int'l
1,100
103
.12%;. 13
41 •'
11%
Vv.SUO'
102%
54'A
102%
111%
36%;
97%
■■■'.?" 44
102%
54 %
12%
40%
7%
22 JA
53%
102% 102%
111%
22%
8
22
-130
12%
ft 53%
54
*152
r
133%
133%
12%
58%
*51
J55
*131%
133 %
4%
47
Oct
May 19
70
International Mining
15,300
12%
36%
12%
12%
20%
26%'
•
12%
20%
26%
•50
•43
12%
28%
4'A'
4%
——1—100
I Preferred
5,400
28 Va
54%
133%
59
*36
-
4%
28%
*4%
28
103%
58%
.
12%
20%
26
54
*101
v
36%
12%
*131%
54%
102
12% '"12%
*111% 111%
53 .
53
*40%v 40%
12%
4%
28%
133%
-53%
88
*86
' 4%
27%
:
4%
28
102
104
•36
-
27%
*131%
30%
Oct '.
30%
>A July 24
35%
111%
-
,/ 43% Feb
9Va May 19
192% Apr 29
No par
Business
Int'l
-260
29%
Apr
24%
19
-May
3
,
No par
common
Int'l
8,200
7%
29
87%
2834
.
Machine..
800
88%
182%
Apr
6Ve Sep
————'—No par
215
■
30
35 Va May 17
'
'
Oct
July 29
,
Y 105
4%% preferred—Y__
,.—100
Intercontinental Rubber._No par
"87%
181 Va
:
14%
May 27/
35
com——No par
Corp
Interchemical
2,000
-
Deo
:!V;12Vb May 19
'
214
~
182
7%
■
7%
:
"
88%
87%
183%
7%
43%//
■
<
88%
182%
7Va
'
13
85%
182V4
6%
6%
43 %..
,'12%
86%!;.;
If*. 85%
182
6%
V
,
//'
214
214
.
"85%
182
■
6%
6%
'
/ "
'
12% -
.
214%
•■;',/ 85
6%
6%
43
107%
"
Rayon——i—u._—ll >/■■
7 37%
16%
99%
29
,
;
Ingersoll-Rand common—-_No par ," 107
.• ,6%
preferred
——_—_10O /174
16%
37%
16%
i
Industrial
"
16%
37%
16%
177
RR :Co—
Indianapolis Power & Light—No par
IndUstria Electrica DC Mex,* S A—-
1,000
130
*128
♦172
1777,•$
37%
37
,16 Va
-
126 Va
125
3
30
38% Mar 28 *
93
Jan 21
15
Jan 10
7% May 19
23 Va May 19
12 Vb Jan 14 /
x35 V2 May 20
6,700
457/a
45V4
-
t
100
-1000
5
lines
Illinois Terminal
.2,800
24%
Sep
26
16
19
19
19
30
May 19
18'/a May 19
$ per share
27
37% May 21
100
4%———
stock ctfs series A—
RR
130
9 Va
•
pref^red serifeS Ai
'6%
Leased
24 J/4
9 Va /
t—-20
common—100
Idaho Power Co__:—
Highest
$ per share
105 % Sep
45 % Juri
21
3% May 20
r
share
'3
IhCA._Yt--_------6.66% :,t: 15 % May 23
v
Lowest
35% Oct
7% May 16
•
Corpi^—i-—i-l--lt\.
Illinois Central RR Co
97%
23%
24%
24%
16 Va
16%
,43%
122
.
Fo0ds-
Hupp '
1,800
60 '/a
*96%
61
9 Va
./
25
•/'■'
267/a
*22%
9%
25
43%
■
:
176
15%
j}-y
35%
feurit'
!
36%
"f'V'a-
r
9 Va
/
16%
43 ,:■■
122
/
!
:
9Va
16%
■121
Z
'
5,800
*
/ 42 Va
121
*172
'
,
25
x24%
24%
42
T-v'-i'
1
8%
-•>
9
*16%
V^
,/r'
23
♦22%
23%
,
2,400
4%
'
35%
8%
22'A
'
26%
24%
23,700
19%
$ per
Bay: Min &, Sm Ltd—No par ; v 33
May 14;
Motor Car--:^-i--ir-rNo Rar t::
12Va May 19 Y
Hudson
4%
preferred—r—100
-non-cum
Hudson
18%
t
5 %
2,000
91%
4%
'.'•••
j,300
35%
35 Va
187/s
35%
23%
••'•'■•
CLOSED
*8%YY9 W
•
21V2
4%
35%
/.
1,200
1,800
8'%;
18%
26%
97%
,700
t
36 V*
36
?——100
Power——,-No par
37 Va May
Houston Oil of Texas V tC—-—.25
16% Jan
Howard Stores Corp.-—1—
--It-." 20V2 May
HoWe Sound Co_—---------------5
'
31 Va May
Hudson & Manhattan common—100
; 3 > May
6,800
'
25%
59
42%
.
YY 23 Va
.
Year 1946
Highest
$ per share
28% Jan 11
97% May 26
Par
Houston Light &
"900
241/a S 24 Va'
35 Va
21%
21%
4%'.: 4%.
35%
EXCHANGE
;•
.
35%
4%
•96%
"
January 1
Lowest '
.
'
'
preferred—
3%%
80
i
4
"
8%
.
.
4'/a
"*58
23
a"
24%
35%
35%
it8%
.35 %
20%: >21%
.
24%
,
4
8%
35 Va
''17% ?. 18 -
♦8
17%*:
•
4%
4
42 Va
23
■;
.
V,Y; 2,300
35%
'
%
Range for Previous
•
Range Since
;
Household" Finance com—~a.No par
'*
*35'%
20%
It
23
;
Shares
V
103
43%
43%
23 'A
;V'
24
36%
8%
17%
43 Va
Yt
*102
102%
23
.
24-,;
35%
*20
102 V2
.
'
3%
.
*35%
23
35
35:'./.
35
•
43%.
42%. ; 43%
22%
24
36 7/
*42
35-
103%'
►102%
104-.
$ per share
$ per share
STOCK
,; V
EXCHANGE
-
the Week
'it/Ci't;
STOCKS
NEW YORK
Sales for
-
Oct. 3
Oct. 2
.;.v-;
t per share
34 Va
34Va
34%
*103
Friday
Thursday
Oct. 1
share
*
PRICES
Wednesday
Sept. 80
Sept. 29
Sept. 27
SALE
Tuesday
Monday
Saturday
HIGH
AND
Monday, October 6, 1947
FINANCIAL-CHRONICLE
&
31%
197
Jun
Jan
Aug
24%
8ep
32%
Jan
45%
Oct
72%
Feb
THE
Number 4631
Volume 166
COMMERCIAL
YORK
NEW
LOW
SALE
HIGH
AND
FINANCIAL
&
STOCK
-
(1367)
'
stocks
.
•
Range for Previous
-
■;
Sept. 27
Tuesday
.' Sept. 30
Monday ,:
Sept. 29
Saturday }
—;
$ per share
# per share
24 V*
$
'99
18
18%
.y 24.
— 99
$ per
y
share
19
18 Va
18%
•;4 V iWV.V
'
<>:'V ■*-
—
145
»
i 109 %:
.
'•:13%
V
TV
14
35%
'.'110
13 %
*430
11%
11%
'25%
25%
y", 4%
4%
y'v 4%
'22%
23 V
■"I '23 %
STOCK
*25
EXCHANGE
>•
«
13 V\
*106%
v
50%
22%
32%
— 22 %
188
41%
—99%
42
42
100
:
98
,
92%
93
*45%
V
•
46 "2
*111
It 17a
VA-
41%
7 •
14%
«7%-ft
28%
28%
* 27
y4
*106%
'
23%
■*26
23%
/
99%
w
VVii 26%
26%
•
54%
54%
:
33%
33%
33%
*19%
26%
25%
20
20%
91
*94%
>44 %
95
16%
*57%
14
'
59
14%
15
f:H 3.—
44
49
49
101
*41%
49
101
.
43
42%
110 ;
*109%
15%
41%
37
13%
^
*25%
,
*94%
v
9%
10
58%
•59
107%
108
•'
-67
';
'
*107% 108%
'67%
68"
11%
65%
11%
121
43%
4%
17%
35%
35%
9%
9%
28 %
28 %
59%
:'
;
547a
59V2
59%
*43
V-'M
44
'\
'V
,
f;
fo'/fj f—
;
127a
■i ;
y.
/
-
oy— 4;—V V..:
\'■
y
237/a
*2574
24%
'
'.
v
•
•:
117-
123/s
123/s
13
40
40 7a
407a
527a
*523/a
'•••
:.r
11%
J,
58
V'
20%
Jan v
677a
Apr h
106 v Feb
24
12
50
.;
*105% 106%
*12
12%
35
35%
700
•
2,400
.
113
12%
13%
'
40
40
*52%
60
3,600
500
!
100
54
Jan
97
Not
•;
Oct
17
Jun
4
65
May
v
111
Sep
Jun
118
Mar
—
42
Sep
71
25
Oct
43
10274 Deo
122
4
113
Jan
Jan
23
457a
4
48
974
V
:
33% Feb 21
107% Feb
7
44
July 15
32
Feb
1
8
44
Jan
44
Sep
8
I per
$ per
share
16
Jan —
66%
Jun
Deo
21
20
Not
357a
Apr
\
31% Feb
8
22
Oct
36
Jun
;
18%
Sep
30%
23 % July 14
105% Feb 11
-
Apr .."i.
1077a Aug Vi
6774 Aug V ,
Sep
437a Oct
103
Feb
5
25 ya Jan
7
24% Jan
8
18
Oct
357a
Jun
[
73
Feb
8
61
Not
1057a
Jun
i
197a Jan
28
47 ya Jan
3
65% Jan
10
64
Sep
Sep
3
97
Deo
50
"
47% Jan
367a
i8
397a
/
10% Oct
y
31% Feb
156
;32
Not
*140
6
4
143/a Feb
24
66% Jan
7
H43/4 Feb
25
68
Sep 29
13% Oct
May 19 :
— 45'
Jun
Apr
,
1874
Fob
y
,
459/« May '
62% Jan k,
y
•v.:
173
July
147a Deo
y,
67a
•,
Apr »i
1193/4 July
v
6874
Oct
4074
"
267a Mar
Oct
10574 Deo
3
;
60
Apr
Oct
Deo
Sep
129
28
Oct. 1
-i
<
14
11%
Deo
v.
Feb
17
287a
Deo
45
Apr
—5
8
May 19
23% Sep
8
49 % May 17
137/a Feb
633/4 Feb
3
4374
Sep
64
Deo
$3.25 'preferred .series A—No par
110% May 16
128%; Feb
4
1117a Sep
49
May 19
20% Jan 3
64% Feb
8
8774 Deo
31% Oct
2
V
& Co
Ward
Lines
No.par
com__—10
preferred—
_50
(John) & Co—_—-No par
x,
J:—
:«.-3
Products Cor-p-ii-——No par
Wheel Corp—:—-—
5
497/a Oct
<
3% May 19
52% May 19
24
May 16
". 9% May 19
17
May 19
cum
Vi 19% May
Mueller Brass Co_wv-^i——1 •
>17% May
Mullins Mfg Co, class B
^—1,
14% May
$7 preferred—
L
No par:
103% May
: Munsingwear Jnc—:
1
—i_5
10
May
Murphy Co (G C) common—-—-1
35
Apr
43/4 %
preferred
—100
108
Mar
Murray Corp of America com
10
9% May
4Vo
preferred-————50
37% Jan
Myers (F E) & Bros—
No par
50 Va Jun
,
Feb
B
32
607a
574
20
15%
Oct
847a Jan
19
Oct
86
1474
Sep
2274
Oct
1097a
25
3
26
102
Jun
26%
Feb
15'% Feb
10
1374
Sep
277a Aug
14
40% Feb
10
323/4
Oct
49
Jan
29
1087a
Jun
17
15% Feb
11
974
Oct
22
Jan
2
443A Feb
13
337a
Nor
657a
Feb HI
56
29
50
Deo
70
Jun :
112
26
10
27
Jan
11474 Jan
■
11%
11%
10%
CLOSED
,'v,
*13%
30%
30%
15%
>40%
>30%
*183
31%
31%-
184
-'
184
*12%
*
"
-
V
*23%
■'
1,000
•2-GOO
11%:.:
13%
Year 1946
Nash-Kelvinator
$ per share
Par
U
Highest
$ per
share
7
13
Oct
25%
Jan
13
23
Oct
52 %
Jan
6
27
Sep
16% Jan
6
143/4 Not
417a May
347a Jan
14
7
5
100
,14
May 19
19
May 24
19% Feb
293/4 Feb
_!<_—1
Corp_
Nashyille Chatt & St LouisJ
$ per share
$ per share
National Acme
Co
21
May 19
30
11
Aug 25
National Alrlines_v_-.^—'
2,500
National
Automotive
1,500
V
,
National
Aviation
Fibres
Corp
Jan
Inc"— 1
'9'/a May 19
10
Sep
5
10% May 19
313/4 July 18
137a
Deo
207a May
28 3/4 Jan
24
Jan 13
203/4
Oct
345/a
27
Jan
323% July 28
34y4 Feb 15
:
Feb
•
32
600
32%
293/4
*180
24
9%
29%
39 Va
9 %
13%
9%
13%
13%
,184
4.30Q
100
,
23 3/8.'. *23 3>
93/8
.93/4
9%
38%
>3%'
•
23
;■
39%
9%
National Battery Col————-4
National Biscuit Co common
10
13
257a
80Q
Corp——No pa*
10
Register——No par
3,300
National
Can
National
Cash
3,200
Nat City
Lines Lie
13,400
National
Container^
1,200
National
Corp
'
•
9%
•
187
Jun 27
181
Mar 26
26% Feb 13
21% Jun 10.
133/4 Feb
7
8% May 19
417a Apr
2
33
May 19
7
83/4 Jun 16 vi 14% Jan
V- 153/4 Aug 18
.—100
7%
preferredNat Bond & Share
2,400
>
-393/4
I3%;a4 ;
Apr
Oct
3778 May
Nov
—
.*——1
180
20574 Apr
22 %
3234
Oct
97a Not
Apr
213/4
Feb
31
Not
45 %
Jan
13
Oct
2474* Aug
15
Oct
-
*40%
i 20%
23
22%
42%
6,000
•
.
*23ya
*41%> 42%
203/8
1033%
31 y2 ' 32
*184
'186
20%
♦102%
32%
44,300
■■
33%
32
32%
184 >'
184
'155
-
•
•
184
12,ooi
159
155
.'
21% -V
186
•
80
6,800
"
>
160
1
1
1
19%
"
1
84%
24
84% > 84%
24
24% ' 24%
V
■:•■'
.7%
734
19%
19%
1 v: !iv
85
•>:
74:18%/; 18% 7:
98% '■ 99%
243/4
24%
^43/4
243/4 ' 243/4
24%
133/4
♦12%
! 13%
v
13
24%
13%
14
*i2ya
.13
'
4
99
c
Co
700
13V«u 14 v "
r 12% -:
.National
Natl
1,600
y-V
190
—
f
800
•
y
,
1
V
:
1,100
..
400
preferred
preferred
$2
Stl
Cast
Lt
&
Steel
;•
Co
No par
(The) Pa com——_ 10
preferred
—40
preferred
i
—100
>
National
Tea
Co——————10
Vulcanized
Natomas
Co
Fibre Co
y
.
:
Sep
15% Not
4574
Apr
34%
Jun
23% Oct
3
197a Nov
323/n Aug
> 31%
Not
165/a
Oct
3374
Feb
15
1027a
Oct
1087a
Jan
35 Vs Jan
9
27
Sep
40%
190 Vt Sep
167
Jan
15
178
Dec
207
Apr
July
28
*149
173
Apr
8% Apr
7
Aug 15
253/3 Jan
107
-
28
1
2872 Jan
10
s——1
13y4Mayl9
Nq par
11 Vb Jan
3
2074 Aug
2072 Aug
100
v
Sep
117a
V
27a
Feb
Sep
1017a July
38
Apr
25
Jan
32
Deo
Not
-
Jun
107a Aug
41%
Not
1674
89
Jan
10674 Mar
42% May
217a
10
-
Oct
14%
29% Jan 24
17% Feb
Oct
Oct
75
1
1
4
.,l3%,Jun 13
673/4 Jan
174 Aug
Sep
2574 Dec
2
V:
i
6% Not
2074
Jan 31
8
20% May 20
30
2
43
i
1% Jan
15 V2 May 17
88
Mar 18
Aug
3
0
38
61% Feb
12% May 19
23
Jan
20% Jan
21 Va May 17
-25 y
conv
Mar 27
173/a Feb 21
743/4 May26
ex-dis—_-No par
Sugar Ref
16
19
19
19
26
19
25% May 20
183% Jan
6
150
Mar 20
63^ Jan 16
16% May 20
1
Aug 19
Co—No par
Corp—
May
May
May
May
30% May
14% May
y
y
Supply
4% %
Natl
&
13y4
27 %
14%
17%
103
.v
common---—-10 '
National
15,200
.243/^ -24%
♦12%
7%
Lead
No par
Natl, Power
'7
;
/•'.•■
99
iVNational
preferred
8,000
'
'
-25
conv
4,700
-
18%
18%
98% V 983/4
14
:
V.*24%
18%. 183/8
123/4
r
86
24%:
98%
12%
.1
;
241/2
18
14
.
1
85
1%
85
—1
Nat Mai
50.
7%
19%'
No par
1,900
156:>>V
7%
♦i9y8
Stamping—
A—
—i-100
6%
B—____!—100
National Linen Service Corp——1
'
7%
19
$4.50
y
&
Gypsum Co com
National
1,306
.
•
7%
19
Cylinder Gas Co
—1'
National Dairy
Products
No par '
National Dept Stores———.——5 ,v7
National. Distillers Prod
No par
Nat Enam
'
103%
18%
-
8.900
/
-16%
103%
18%
:
*30%
•2oy8
103%
18
13 3/4
.
'
98
12%
'
30
98%
13%
13%
.16
18
12%
13%
••16 V';:
22%
156% 156%/
"
'
30%
V
*40 3/4 '; 44-;
20
'30
>15%
15%
22%
103%
V
18 Va
•
'
V 30%
15% '
■
83%
V'
For footnotes see page 23.
50
/
13,
V
29%
173/4
24-%
!
184
17%
*97%
17,100
21
11%
31%
31V4
*180
24
'
13
29%
-
184
13% 1 13%.
30
156%
.
•
.17%
27% 1 275%
1234 • 13V4
12%
11.,;
30
-
'
7% •:.' 7%
18%
83%
24
12 Va
13% <13%
433/4
156%
1%
(
.
20%
7'/a
7%
18% > 18%
24
-
103%
156%
V;/ 1
.
30%
195/b
184
V
,
:
27%
n
13%
9% * ' 9%
39%
39%: 9% '9%
13%
*103%
31%
156%
83
13%
9%
13%
*403/4
193/4
104
24
»
Xl55/a ; 15%
32
22%
43%
193/a
104
9%
i i: 30
22
213/4
Share$
;•
<
*
■
"
f3%
*155/e
"•
29%
'39%
9%.
21
ll»/4:
.
*180
24%
9%
13%
V
21
27%
31% ' 31%
30
39%
v
16%
12%
10%
182
*23%
V*;
V
$ per share
16%
*20%
27%
*12%
31%
29%
16%
21
12 Va
13% i
182
$ per share
16%
27%
.10%
*30%
v
'
-
12%
10%
EXCHANGE
Range for Previous
—
Lowest
y
Not
24% May
107a
Sep
15
■:>
V
May; a<
'
11%
13 7a
EXCHANGE
'
16%
*20%
10%
STOCK 1
V
$ per share
21
27' '.
•
the Week
V;
29 v
:v;v3?v>;u:vrv,:::;
Rang? Since January 1 '
Lowest,
Highest'
■
NEW YORK STOCK
y
May,/
Mar 28
24% Sep 30
10772 Mar 14
19 V
,f'
Jan
62
273/4 Feb
■
v
V
10474 May
307a Apr
Not
26% July
1
13% July 14
24 y4 Feb
7
19
19
|
135% Jim ;—
60% Sep
Sep 29
4-
"
16%
,21
STOCKS
Sales for
Oct. 3
Oct, 2
,
Mar
Apr
23% July
Friday
v
t
18s/a May
100
/
122% Oct
Jan 13
9%
i
617a
10% Not
.
v.
1137a
•
Oct
4
Mar
14% Jan
1
77
May
1103/4 July
Oct
8
18 Va Mar
V 42 Va Feb
Jun 18
32% July
62% Apr
Not
104
45% July 23
v
2674 Not
1874 Deo
30
1113A Aug
Apr. 30
>
•
103 % Mar
3
20 ya oct
v
70
,
Thursday
-
>
1087/a Mar 1.4
102
25% Feb
Deo
PRICES
Wednesday
16
21
26%
SALE
$ per share
16%
*20%
HIGH
Sept. 80
Sept. 29
share
AND
Tuesday
y
i
69
N
LOW
Monday
Saturday
Sept. 27
t
Apr'f
48% Apr >
,
Sep
393/4 Not
105% Feb 20
May
4674 May
237a Sep
563/4 Feb
Mar 14
30
Apr!-
— 42
Motor
•
:•
Deo
9374
51 ya Jan
Motorola Inc^,-:
30
8
323/4 May 19
Motor
7,700
Feb
70
May i i
112% May >
Deo
:.v
5,200
;
,103
100% Aug 25
97 y8 Mar II
Jan
3,400 ?
2,900
25
387a May 1 i:
2047a Not ;]
Jan
45% Not
Jan
Morrell
^
195
May
.200
20%
-24%
Sep
10
Jan 23
17%
v
20%.
243/4
Aug 18
Jan
62
$2.50
700
Apr^
44
Moore-McCormack
1
75
Oct
Montgomery
.
Jun i
Sep
Sep
Oct
300
13%
Feb >
305/a
48
2
8
283^ Mar 11
No par
comt
7 Monsanto Chemical Co com
•v
Sep
Oct
457a
12%
19
15,000
23%
*111
'< 7
104
Sep
31
49% Feb
103% May 29
51J/4 Apr 16
•
1109
6
Sep 29"
33
112% Mar V
9
25% Feb
RR
25,800
22%
*523%
Oct
Not
11% May 19
Corp^_
>
.
13%'
54
impl com—-1
No par
10
1
7%
500
31%
22%
*523/a
Mission
?
Mo-Kan-Texas
1,700
26%
13
$6.50 preferred
6,200
64 ?
*39
MinnvMoline Fower;
7,100
■24 7a
137a
Minn-Honeywell Regul ;Com——-3
3.20^ conv-pfd series:A—-—100
Minn Min &
^-No-par,
1
>
No par
61% V
23%
41
A ytc
M
Feb!
11%
774 Deo
1
Jan
8
3% Sep
30%
190
10% May 19
6% May 19
47% May 27
Monarch Machine Tool——-No par
*25%
112
SS
&
200
31%
357a
P
^.36%
,
v;
Jan
1174
.25 y4
,29% May 19
100
No pari.
:■
56%
*12
St
^ S3
No par.
pfd—-L.
1st
cum
Minn
12,400
•
20%
12%
36,100
i
9%
"29
61
*1053/4
8%
1,600
213/4
3674
13
:
46% May '
63yaJan
May 22
97'/a Jan
——10,.
vMlnneap & St Ijouis Ry
26,700
.37 f.
*62%
*39
'54
•
Not
24
Mar 21
43%May 19*
preferred series A—v100
Mohawk Carpet Mills—
i.—-20
Mojud Hosiery Co Inc
1.25
237a
*110% 112
40
26
.
—5
35% May 21
pfd_100
105
Jan
6
i.
5 VV ,12% May 19
3.90%
>Midland Steel Prod^com
250
13
3674
112
2674
3
41
1
No par
'
Petroleum
Mid-Centinent
1,800 i
*
•
,
123%' 123%
'
'
'•24%:. 24% V
*10574 1067a
3674
60%
*2534
13
■
18%
*27%
125,
Miami Copper>
8'20
5%
9%
-
60
237a
•':
21%
205/a i
r
49% —
37
2974
V
237a
2074
52%
v
V
66 (
l,70j0
3,100
{
122
17%
55%
-
12%.
'•
21%.
12%
■
60
*120
26
106%
*11072
V
700
10%,
5
28%
307a
20
3674
/
111
28%
125
4,2001
90
48%
preferred
Metropolitan Edison
2,200 J
..
12%; 13%
10
61
23%
Aug
16% Apr
Oct
Jun
620
13
13 Va May 20
-
Transp
Mesta Machine Co
1,800
•
Min
&
•
120:
"
—
122
Ltd—V—3%
Co
Stores
$3.50 cum
700
)
'58%
107% ,107%
5%
•
600
V
>
65%
*9%
&
-'
V
— 57%
.
/
29
•
217a
1174
3678
.
1,700:
.
38%
r
r
10
297a
.127a
♦10534
12
36
111
•
.
■
common—
Co
No par
Merck & Co Inc common^.—.;—1
Merch
v
140%
.49%
-5
—
y
Corp
Mercantile
•
3,100
38%
13
122
122,.
47%
'i
—:
|3%—13&-—
v
36%
♦59%
2274
V— 19%'
> 237a
1067a
12
■—
'y
65.
65
12%
120 y2
730
140%
;
'
107
64
■
.:
16—
•
9%
36%
2674
,21%
20
106%
106%
3,900
i—
VI7%
61
12%
y
'
"
& iftpbbiris Inc com_,-18
preferred-^
—
No par
Stores Co—r—i—^.l
Mead
2,900
>>
43% * 43,%
10
17%
36
.
•
21%'
233/4
*;/'/•
$4
McLellan
400
••
•
109'
' 157a
.
•
56%: 57%
;
3074
Oct
127a
1113/4 July
34; Jan
3
May 17
24
May 17 ;
46 % May 9
^ 30ys May 19
102
Jan 2 '
V
17% May 20
24 V2 Sep
9*
16'/a May 19
88% Jun 23
1
44
Jun
5
20
May 20
V 16
May 19
55'/aMayl7
McKesson
1,300
43%
42%
3#
— 57%—58%
58%
18%
*120l/a
567a
20
*59 7a
:
87a
18
Oct
•
__L
44 i
;
-
109
i6:>i6
10
60% ; 61%
122
54%
,
'
2274
20
:'i—>'vV'
5
*273/4
61
122
v—.26—
*21
No par
Oo__^
Porcupine Mines—5
95 I- '
49% : 49%
38%
13
93/4
28%
vj *27
60%
22
•'
;
35
1
Co
Pub
100
No par4V4%
preferred^-1—
-100
4%-2nd preferred—50
Melville Shoe Corp——1
Mengefl Co (The) common___l._v-:l
V
5%
conv lat preferred—V___50
f47%
*43
,
13%
i.13%
65
36
12%
i"
-T'T
:
Mc-Quay Norris Mfg Co——,_v_10.
1007a,*101
140%
.107
35%
,10
626
2
8% Feb
35% May 19
24
May 26 Z
300
14%— 15%
.
140%
47%
5%
■
:
43%
,
14
—*
—__1
100
3,600
'62 V
V,
'.13%
10%
433/4
V
'V
38%
122%
5%
*17% Not
307a May i;
1774 Sep
17
15
14% May 19
39% May 17
:
21%
*58'/a
109109 -
*
•— 15%
38%
12s/a
•
.
V
Lz.
Electric
Mclntyre
VVilV
-23%
•I
44
44
*42%
*108
16 **
65
443/4
1
13% Deo
34% Feb
7.
Corp com
preferred
McGraw-Hill
500
:<K
18%
49%
aoi,
101,, mi
i,
42%
17%
26
'
107*
-35%
10
-
607a
v—l-1'
•
(new)
Stores
2,400
17%
^
*49%
10P/4
!m. 58 3/4; 593/4
18%
"
*25 34
Co
conv
1,800
26% :
•
"
543/4
307a
'
''
-
47
.
■
17%
173/4
;
121%
5
61
ifi 60%
i-'^
•
—.•.
Elec
McGraw
900
*34%
105
23
-
23%
*14% .15
15
;
17%
121%
297a
•
"
4-
/
No par
—No par
Corp.
Corp_
McCrory
3%%
470
64%-
*25%
47%
:
12%
'
121%
1,100
•
41%
>27%
•
*94%
17%
139 % '
10
«
Sep
Sep
1674
Jun
v
106%'Oct
„.~1
Co
"jMcCall Corp-
800
28
102%
21
23%
.
121%
.
43%
4%
16%
■
11%
121%
42%
(Glenn, L)
7'w. preferred-
*
*47
•
13%/13%'
58%
120
111%
21% >21%
95 V
50%
-
139
9%
58
'
45%
33%
*100*
• ,
26 3/8
26%
44
38% :
13%
Oct
12 7a
May ,'
lliya Apr
12 % Jan
455
—_100
185
Mar 12 :
1,500
May Dept Stores common—1—__5
.39V8Mayl9
230
V
$3.75 preferred
:
No par
99
Oct
1 •
540
7
$3.75 cum pfd 1947 series—No par
97
Sep 30
100' v: $3.40 cum pfd
_.No parvygi
May 19
Maytag Co common
No par
7% May 19
1,400
200
$3 preferred—^
r_
—No par
42
Jun
6
$6 1st cum pld__—
No par
108%! Mar 20
92 v
53%
21%
;;,. 42%: .42%: /'■v, .42%
141
106%
1
6
18% Aug
18Vi July 23
97%
;
21%
213/4
15
15%,
;
Mar 28
15% Feb
21 y4 Mar
24 % May 27
99 v
41%
*27" '
:
104%
"
9%
100
preferred
Martin
"
21%
r109%
;37
♦139
v—13%
13%
49%
42%
37
139
139
>
61
42%
15%
-
65
14 % Feb
.6% May 20
9
May 19
22 Va May 19
-
.
No par
com
•
Not
4
1
28
333/a
33%
~
21%
Co
&
Jun
76% Jani,
37%
17
Muthieson Alkali Wks com—No par
42%
*101%
•
-
•100%
110
*109%
42% May V
160
7
10
Master
4i% : 41 r«1"
54%
■
*100
47
23%
14%
>43
42%
■
■; 15%
15%
42%:
41 Va
*36%
■
33 %
..
22
*573/4*
49%
ioiyav,
.
Deo
Oct
111
-
i
101%
53%
16%/. 17%
59
101
.
26%
45 y4.
14%
43%
>48
34%
23%
;/16%:;V
16'%
Sep
38%
5ya Feb
2,000
.
*111
.
*
26%
:<V
v!04%
21%
46
'
23%
.
32
140
July
30% Jon
•/
M
' i*
J
8
277/a Feb
3,200
45%
"41
27
♦94% (95?
69%
%
»'■
23%
*44
23%
16%
95
5
Apr 21
32% Feb
M0
10% -10 3/4
;V
28% >28%
41
•
•
46 W
23%
94 y4
41
•
101 y2
40%
207/a
,
Sep
4
32%
*91
111%
;
4%%
<V
-6,800
'
10%
101%
26%<
20%
14
433/4 May
108
41% Jan
May 19
186%
32 V* :
97
41
50
——5
100
Corp.,.
6% prior pfd
Ry
Masonite
99
*111
St
>
23% '23%
•
46%
Market
Marshall Field
Martin-Parry
186%
> *45 y2
Midland
1,100
97%
91
Marine
1,260
'
33%
125%
20%
Deo
3% Jan 14
19% May 28
'
*
Nor
97
Highest
t per share <
56% Feb
May 19
Jun 20
May 19
Apr 14
May 13 "
Jun 17
May 17
24V4 Sep
'—.—5
Exploration-.
1
—_—6.25
Corp___—
3,700
973/4
•
20%-
25%
23 y4
323/4
Oil
Marathon
233/4
993/4
-
54%
*99
Shirt
Manhattan
Maracaibo
52% .52%
23%
»
ie%
54%:
20
;
3,900
163/8
'.'42
28%
27
104%
*100
20%
Bros
Co
30%
107%
1^
16%
12ya
455
6
93/4
20%
39% Aug
152
"
41 % May 19
•
16%
'
/33%
105
*100
Mandel
11,000
106 3/4
106 3/4
42%
41%
40
•
Sugar
200
■27%
n 27
-'.41'%
111%
-
28
54%
Manatl
1,000
;m
14%
168
»97.
46%
*45%
52
*186%
42
101%
54%
Magnavox Co XThe)
Mahoning Coal RR Co-_,
1,400
.
231/4
6%
23%
•32 y*
188-
♦111
39%
36%
Square
100
43/8
4%
'
"51 %
92%
101
39%
series A
Garden
pfd
Magma Copper
8,300
11%
25%
23
16%
>23%
10% .11
>'28——
100
39
700
900
.11-
*25
-v.
/■/'
;>:*
108
15%
y
51%
41
28
101 %
39
•
*
*11%
27'/a ''
28%
'
*100
■;-
500
10 3/4
14%
14%
-
16%
*91
111%
13%
*435
4'%%
Madison
2,400
19%
13 V*
4%": ■;
23
6% /• 7
-
97%
41
200
>
:
V 14
19'«/4
25%
4%
23
——
41%
110%
14
/
11%
*24
97
45% %
*111
6%
99
Mar 12
Jan 13
$ per share
'
4% '
23 Va
41%
■
*108%
•'
10 3/4
*11
32%/ 82% /
11
45%
10 %
25U
-
*186%
92%
10%
500
23%'
•
;i
97
'
'm.:.
11
'
—
100%
97
No par
_100
No par
'
10
.--1
;—r—50
:—1
No par
50%-
-
•42
> 99%
98%
10%
32%
(R H) Co Inc com
*430
10%
12
vl5%
•
188
Macy
23%'
23 V,y
•
*186%
y
2,100
13
*1063/4: 108v
35%
13
14%'
"
r
50%
32%
32%
*186%
>V
16%
23% 124
50%
■i-' 22%
V
15%
>
35%
34
140
V
100
19%
26%l
•
-/
27%
*106% 408
16%
-24
50%
:v.
26%
108
16%
'
'
13% v-14%/
27%.
/V.;' .23%
V
>
<13%
27 %
•
:
6%
23
com-J_^^10
Forbes
&
preferred^
Lowest
27% July 24
101% Aug 22
20
Mar 6
13% May 17
No par
14
x4'/a
=
6%
,
112
25%'
4'%
23%%
MacAndrews
20
Trucks Inc——
18%
•
•17 ya May 19
Jan 31
10
T
Co__,
Mack
13%
<-
Steel
$ per share
97
series A——_100
pfd
2,700
*109'/4
-
$ per share
Par
:;•
54%
,:•<
500
10
•■'■'>:•: /
.
Highest
iiiii m iviiiii
220
iy
146 V'
■; ■
533/4
V-V
*11
25%
•
6%
7
6%
*430
363/4
♦142
cum
Lukens
,i >. 4,300 :
19%
v'
■
Year 1916
Lowest
(M) & Sons Inc com—1
4Va%
100
Range Since January 1
35%, ''35%
T
'
13%
■
'
Lowenstein
V" 9.800
v
-I
;.•>>>
>
stock
york
exchange
•.
53%
53%
19%
11%
'"'
99 >*>;
36%
363/4.-
•
14
i 13
10
*36%
112
-
*19%
500
10
*11
500
10
v 14
13%
10%
*430
35%
*109%
-
'19%
•13%
:
19%
Shares
,
27°/a
>
183/4
*142"'/ 146
53%
35 V4-
-
LA
37
146
.
-53%
—
14
13%
'l
*142
35% y
110
V'V
19%
19
*13
CLOSED
v
145
53%
109 %
>36%'
'
—/
53%>
145
'35 %
35 %
'
.
'■<'
y
53% 3
52%
.
37
•;v*36%
37 — .37, W
145
;
i
Vvv.'.-v'vv
ij, :;,;//,;.VVf Vy''VJV
'■y;V
y
26%
99
new
the Week
.
a per share
>V
<89
.
Sales for
.
Oct. 3
>' 26J/a
99
...
:i /
19
25 '
,.
♦98%:. 99 vV
VI.
,
$ per share
24% ! 24%
,
—V
:
Friday
Oct. 2
18%
18%
..
Thursday
°cV 1
share
per
i-y 24
24%
100
*99
Wednesday
",'V
r
RECORD
: •v>
j
PRICES
CHRONICLE
Feb
[
i
•
;t
■
20
(1368)
THE; COMMERCIAL & FINANCIAL CHRONICLE.
LOW
Monday
Saturday '
■
V
Sept. 21
AND
HIGH
Tuesday
Sept. 30
'
Sept. 29
SALE
V STOCKS
PRICES
Wednesday
Oct. 1
:/
.Monday, October 6, 1947
Thursday
;/:s Oct. 2
.;•
Friday
"
■.
.i
Oct. 3
/V
the Week
*'
"'
$ per share
"•/••* V
'H.
•
$ per
share
*20 Vs
14%
*
106'/a
vi-': 14
.
107
14%xt-".. V
/
I*.
.,'•■■■ IO51/2
1651/2
391/a
39'/2
*39%
261/a
26i/4
96
.22 %
EXCHANGE
41
X41.1/2
CLOSED
'
*39
42%
141/2
I
;
*41
15 y8
39%
23%
.23%
•*411/2'
►32%
34
15 y8
14%'
15
33
33 - • •
33
33
*31%
33
'/a
341/2
►31 »/2
'
32
32
33
:
33
V
12D/4
13
121%
131/2
131/2
13
13%
*120%
121%
13%
13%
*2iy8
121
- 22'/a
13%
V
Jersey Pr <fc Lt Co 4%
95
York
Brake—
Air
22,800
New
York Central——.
No par
Y
Chic & St Louis Co
com—100
N
500
!
distributed-
when
Common
300
21
*191/8
21
21
55.
55
•52
55
55
*50
54
*50
255
►232
255
255
*232
255
'
1,400
*232
*20
54
13
Feb 13
25% Not
Mar ll
103% Not
27
106
Deo
113
Oct
50
29
102
Feb
preferred
non-cum
&
RR
,
Oct))Apr';
''.'45 .'A Jun
109% Jun
Oct
69%
Apr* j
Jan |
12
.
1
36%
22% Feb
3
13%
Oct
"".'■35%
Jan:..
May 17
18% May 19
32
—
Sep
3
May 19
Apr
7,124
19
53
May 23
250
18% Not
37% July 3
33% Sep 24
.
26
—50
Hart
•/•■
27
Sep
95% Oct
■'
43% May i
10
No par
Harlem RR Co
•
46% Feb
26
New Hav
109% Aug
Deo
30%
•
3
24% Oct '
19
Y &
104
108% Jan
7
42% July 14
32% Feb
7
No par
Y
■
J1
110% May
York
N
11
j
Sop l i
July 25
Sep
20% Feb
N
22
Dec
38
11 % May 19
$5
"
16%
100
City Omnibus Corp
common
32% Jan
107
;
i\
80
Dock
18% Oct
10
—100
No par
New
100
'
255
N
200
V
22%
r
Y
800
14
preferred series A
6%
$ per share
17% Jun
9
32 y8 May 19
No par
New
Sep
Highest K
S per share
.
17
18% Feb
Aug 26
July 14
v Jun
per share
Lowest
*
35% May 20
24% May 21
••
400
.
V121;'
13%
♦191/2
*232
'
pfd—100
Newmont Mining Corp——10
Newport Industries common—-—1
41/4 %
preferred-—;———*_100
Newport News Ship & Dry Dock—l
104
*102
;,
24% Feb
•
'
120%: 121% -
i2iya
■
5,200
*
" 34„
*33
"
121
90
24 %
,
-
:
*31
2,100
97
24
Feb
V 28%
New
l.ioo
-
105
serial preferred—100
cony
■
Highest
t per share i? / $
Newberry Co (J J) common—No par
3%.% preferred——,———-100
90
/;.:, 43
"r 431/2 V
\t- 14%
151/4 ;V.
;X:t" 34
" 34 %
'
'•32%
'
-
*95
.v
4%%
50
700
20
105
39%
....
43
•
40 • V /•,
27%;' 27% /
i
26%
'27
♦95
V97/:. "''A
42%'
14%/
♦103%
105
39%
/V
97 •V./.f
23%
„::io4% 104%
Lowest
.18% May 19
13% May 29
-1
Neisner Bros Inc common——
1,500
;'V7;,
29%
29%
:
«
•
*106% 1107c
30 :
104%,.,
.
*103%
39%
23
-
107 V
107
15 '•■;•/•'
Range Since January 1
V'
Corp.——No par
Nehi
700
20%
.
/A/v/14%
14%
104%
27
20y4
20%
14%
V 30
1051/a
♦95
'41%
'/a
: •
-
29'/a
29 %
'26%
■/
22%.
.
VU
141/2
105'/a
97
;,/. 22%
14%
14%
.,
*95
221/2
Shares
'*
$ per share
Par
•'
20y4
,
*104%. 105
v.;
26%
95
,/.
$ per share
20%.
14%-
r
397/8
26 y8
STOCK
Share*
per
*1061/2- 107
107
*29'/a
30,1."
*104iA (105
.
105V2
20'A
*1061/2
.
30
105
*
20'A
*
-
'20%
107
*291/4
*1041/4
■
'•*$•
'$'
\
per share
!<'■
-
1 .20'/a
*141/4
'i/-
-
■-"$
Range for Previous/ f 11
n Year 1946
M
;
YORK STOCK
EXCHANGE:
;
NEW
Sales for
V|T" *'
May 20
.Sep
61% Mfcy
135~
j
1
79
Sep
4
16%
Deo
37%
1
21%
Oct
41% May
j
'•63%
Oct
76
May
:
275
Jun
325
Feb
;
3
Aug
62% Jan
290
26
34%
I
Feb
20
25% Sep
Jun
Feb
17
Co—
~
24%
24
24%
24%
,21%
23%
20%
'
102%
102
102%
101
/
102%
102 v*-
21%
7
21%
20%
Preferred 5%.
12,500
15 Va
97
15
14%
.
15 VB
101%
*14 !/4
15
series A "wi"—100
Y
Power &
N
Y
Shipbldg Corp partic stock
Y
-
14% ■14%
20% Oct
Light 3.90% pfd__100
N
1,200
.:
101
<.
♦95
48% / 48%
y.
.; '■
v
57%
A
'/
,,v-
■
58
■'/
"■31
23%
/. 48 %/•;:.
34%
a
.35
f
97
*46%
/
48%
96
34%;"
58
58%
96
*47%
v
34%
;;
*96
48 %i
«:
'34
58%
59
./K;
97
>
48%
*47
34
30
"
j
■!
' 35% -"35%
v
1
107
1
10% May 21
16
32% May 19
State
Elec
&
Gas
58%
31
23%
;
-
*29%
8%
■:
23%
59%
58%
*29% / 31
23%
8%'
V
30%
23%
••.'•-/
23%
8%' /- vV8%
*88%
91:
8% '
/•;?/
Norfolk
:
30
New
2,800
30
100
Western
&
Ry—
C
,'
23% ; 23%
20
'
20%
28%
92
*89
28%
20%
20%;/:/;
28%
28%
20%
21
20%
89
28%
American
Co
North
American
Aviation
,89/-
287/e
20%
20%
21 %
98% ;
V,
*
28%
■
98
•
30
Northern Central
:
14%
23 Vb
23%
97% •97%:'
/ V, 14%
14% ;
"
■:■:/
237/s
36% ■ V
*36
*67/B
•7%
36 %
>-
*
13
*12%
24%
98
;
,
*98'
14%
*
14%
24'A
M
36% " ./;■
A 7%
13
7
*12%
98%
;
24%
/
14%
30
24 Ve
36%
36%.
-7
V'
37
'•
7
'
:
35%
-
I ' ♦ 105% 106%.
;24%
: *20%
$?$;■*
8%,
' 100%
16%
28%
28%
;
,
160
2iy4
102
Deo
11% Not
113% Mar
28%
r
f
Feb
35
*33%
103%
•*,
loo y#
8%
.,
.
,100
,
.16
16
29
159
21%
29%
*22
22%'V
*22
22%'
*22
*85
86ya
*84%
86%
*85
72
72%
;',71%
72
;
71%
"
72 V*
-,
?
71%
3
Norwalk
Tire
Norwich
Pharmacal
.Ohio Edison Co
,11,100
V:
11,000
.
/
r
v
.
80
..
4.40%
■
Ohio
Aug 20
11
23%
Oct
39%
Apr
16% Fob
9% Deo
17
111
Jan
16%
96%
117
Oct
102% Feb 17
Deo
?
V
2.5o
31% Apr
103%Oct
21
Apr
19% Jun
17% May
-97
Jun
7'/2 May
86
May
15V2 Sep
No par.
pfd
12
36
20
.:
/Oliver Corp common
No par
;
4%% convertible preferred
100
;
45% Jan
v
May
May
May
Aug
July
3
44
17
11 / 107
7 ; '
13%
7 V 118
30
28%
19 i/ 33%
12
163%
15; V 28%
28
93
•
;/ 80
1
Feb
56%
Oct
9
Not
55%
25
-
112
19%
Feb
v:
21
.
,
Sep
v-
99%
18
8
4
i
Jun
36
Jun
'
Jan
) f
|
f
|
17% Jan
Feb
120
v
)
»
51% May
f.
39% Feb f
180% May r
Sep
19% Deo
86% Oct
July 25
,
Jan i;
22%
158
^
j:
.
*119%
Oct
Feb
4
,10% Not
Feb ^ 8 <' *113'
Sep
Feb 18
25
Deo
Feb 18
•
26
Oct
Jan
If
29% July
18y« Not
,/
Jan
May '
37% Nar
30% Sep
/ 108% Jun
V
17
Feb
Jan
1
Jan .}
19% May
16% Deo
•
27% July 14
22
July 23
26
Oct
3
9
Jan; |
i;:
38
Jan. I
111%Feb II
ui
v
104% NOT
18% Not
11
*18% Feb
15
May
3
13% Feb
2
3
14
2
25% Oct
1
6% May 16
12% Oct
—8
common—
Co_—
Jun
22% Apr
::
20
33
50
Co
99%
'
Sep
115% Jan 11
28% Sep 12
22% Feb
I
29
19 Vb Aug
No par
Rubber—.
Oklohoma Gas & Elec 4%
^
Sep
preferred———_i—100
Oil
8
7
common__10
Telegraphs
&
10% Feb
19
7, 97
9
9% v
800 r Omnibus Corp (The) common—6.
99%
110
•;
8% convertible preferred A__100,
16
17
1,500
Oppenheim Collins
__10
29%/}vV 29%'-29% VV" 5,800 : Otis Elevator common
No par
24
159% V v 158 ./158 V-1" V.-'
150 '
' 6% preferred——
100 - 154
22% ;V:
*22
22%
;
200 / Outboard Marine & Mfg—
2.50 /
19%
*85
86%
-86%
;
:
—V Outlet Co
1————_Nopar^
84
71%
71%
72.
2,200
- Owens-Illinois Glass Coi_/Vvi2.50
^ 70%
*158
22'/a
86'/a
103
Northwestern
41%
63% Sep
4
30% Sep 17
33% Jan
I
13% May 19
:
,
17
' x29
22y4
26
k
*102
M
100y2
'»16
159 V'a
;
*158
25
,
;;
87/8
99%
■
*21-.' '21%
i
247/8
103
8%
V-
109
*
,
28%
159
87/8
"
15%
*20%
*84%
;
'
100
28% Sep
cumulative preferred——25
700
260
i
87% Sep
•;
7
20
No par
__
Inc
500
.
400
25%
25%°'
4.6%
Airlines
100
104.
,y
25%
24%24%
"
*102
7 ■:
V
.34%
104
,103
'
7% *
12%
25%
Oct
31% Oct
(Minn)—
pfd $3.60 series
Northwest
15,100
12%
34%
104
2iJ/4
24%
103
9
"loo
; ",'15%
- 28%
160
.*20%.
103
,*8%
ioo y8
) :>:15%
.
.'24%
23%
.*102%
.
35
.
35
♦104%-105%
>25%
25%
.
25%
*20%
,
102%
VV>r 8%
24%
.
23%/
102%
35%'/
105% 105%
'
20% /
23%
.:
*34%
.
25%
37%
7-
12%.
12%
Cum
17,300
-
25%
37%
24%
,
37'-''. V,
v
*12%, :;i3/;->:
.
350
..
.".r-V
•f/:V*34
1—50
Ry Co
Northern Pacific Ry
13,900
15% 7161
.15%
24%
29
23% Sep 24
6% May 16
__1
Northern Natural Gas Co new
1,400
.
Northern States Pwr Co
/
97%
13%
1
..
1
100% Aug 19
51% Sep
3
53% Jan 16
2
25
new
North
6,900
7
v„:,
.97';
2
10
preferred
6,500
8%
8%
•91
% *89%
28%
;
•;"
8%
Oct
»Oct
57% Sep
A
25
common
Adjustment
96
34
'
23%
8% 7.
s
/
28%
r..;.
91
*88%
28%
-
V
Mar
Sep 25
Corp—
'
V 8
•
22
$3.75 cumulative preferred
_100
Noblitt-Sparks Industries—
__5
Nopco Chemical Co
W-7_iL-4
•
100./
500";
.
■
•
*30
23%
v
:*95
97
*46%
58%
*30
•
:
Oct
'
*95
/*35V. '36'AV
\
•15%
102:
101%
340
N
v 15
A'
101%
35
Jun
\
€9% Not
100
j.
f
*111% May
|
I
Apr
•vvrt'
V Xl4%
15
*68%
V:
41
13
*68y4t
*40V2
:
41
.
«%•
:
38%
38%
37%
55 %
> *55%
56%
V33%
33%
100%
V:34%
35
156%
4% "r
/
*99 Vt
,156%
;
/
/
4 %;
45
J;
156%
156%
156%
4%
"/;? 4%
4%
4%
4%
48%
47%
49%
*100
:
H 100%
23
V
*69
;
28%
28%'"
28%
7%
io
33
-? •;'33'/S!
42%
42%
7%
is
*108%
28%
29%
7%
7%
7%
7% /
9%
9 */8
9%
42%
7%
7Va
7%
15%
15 Va
15»A
is
18 ■>://
18%
18 7A
*27%
31
*108%
112
i
31
*29
•
■
19
19%
19
18
17%
is y8
17%
45%
45%
45%
45%
115%
115%
us y2
.
A
52%
51%
51%
90%
90%
90%
10»/4
*8%
10%
30
/
28%:
28%
29%
*29%
/
108
10%
*10
LOW
Monday
k
v4:'t. yf
■
i6
16%
•
42v/; W 43
41 %
V X54
/
CLOSED
107 VB
15%
v
"
y
15%
27%
28%
95
29 3
95
*98
'./
7
45 Va
116%
116%
116 %
30%
16%
;-16%
r:
16%
16%
*35%
36%
XI04%
104%
27 %
55%
/;/. *101
•
■
23%
:
29%
*29
*116
106%
106%
15%.: /;•;
28%
>i
*15%
v 29%
V *30
15%
10%
10Vb
Thursday
16%
-; 16%
iiV45 :>/
42
53
13%
93
14%
14%
23%
23%
-
29 Va
16%
45%
:
V 42
.;■
16%
V
53%
106%
*105
*
:
23%
29%
118
52% Oct
"
109
8
Pep
79% Feb
6% July
1
20% Apr !
37% Jan
100
86%
Deo
111
Apr
Apr
Apr
4%
Deo
IS
56/
Sep
8
105%
Oct
2
27%
Oct
May
39% July
62
Not
62
14%
Jan
90%
Apr
110
4
6
3%
Sep
Jan
9
35%
Jan
26
Oct
48% May
35% Aug
12
Oct
43
34% Feb 21
14% Feb
24
11
'
i
38
Apr
Jan
22%
Jun
24%
Jan
40% Not
87% Jun
7
Apr
48% Feb 11
15% Jan
1
7%
11% Deoj
15% Mar 31
8% May 19
32% Sep 11
38% May 27
;
Jan
Oct
13
34%
63% Jan
4% Jan
*
7
28% May 20
7% Seo
Feb
27
7
> July
32% Jan
2% May 17
/
12%
Deo
1
109
9
37
Oct
Mar 24
9% Feb
16
34 Vs M^y
—
5%
: 11%
18 / July 18
10
Sep
Not
:
14% Feb 21
;
May 13
13
18 %
7
Apr 15
13% May 19
12%
Dee
6%
Oct
V
16%
Feb
17% Sep
28 Va Feb
4
29
Sep
15% Sep 26
24% Feb 27
36
18% May 17
38
115
Jan
29
22
?
V
45%
30%
Jan
Jan
24% Jan
23
100
105
25
8ep
47%
Feb
6
37% Not
61%
Deo
2
21
43
13
Feb
14
68
115
51%
Oct
21%
3
SepSep
34 Va
July 25
34
Jan
4
28 %
108% Jun
'
5
:
86% Not
22
16
27%
Jan
Jan
55
May 13
Feb
20% Sep
3
101% Feb
May 19
No par
6
118% Sep
29
May 19
81% Jun : 5
6
Jan
110
Jan
51% Jan
1
47
,
37% Aug
115% July
26% Feb
2
May 13
Sep
16
117
107% May 20
17% Oct
Apr
25
2
105%
v
40%
Jan
May
Apr
Jan
Jan
43% Mar
109
Sep
Mar
"
15%
106
106
s
15%
/ 15%
29%
29%
500
95%
95%
29%
30%
30%
*102%
103%
♦98
*27'/4
*91
99%
28%
92
57%
58%
57%
57%
*15%
17%
*16%
17%
36%
*35%
36%
*104
105 Va
*105
14%
104
36%
104
*105
15
Range Since Jannary 1
STOCK
Lowest
'///
Brewing Co
_No par
& Co Inc
1
13% Jun
9 £;
l. 37
May 14
36% Apr
Year 1946
/
,
Lowest
$ per
30
3:
2 v-
59
;
*102%
*98
*27y4
*91
57%
*16%
*35%
*104
*102
14%
15
6,100
9,700
'■'■'•
99%
■
10
.
28%
Mar 20
9,100
17%
100
.
36Va
100
92%
93
94
94%
94
94%
94
29%
30
29%
29%
29'/2
29%
23
23%
23%
23%
23%
.
J':
9,300
94%
29%
22%
23%
170
*157
170
*157
170
*157
170
*157
170
173
*170%
173%
*170%
173%
*170
172
*170
172
$4
/
15 V*
470
,
V'
i
No par
100
No par
5
25
No par
100
;_
Pillsbury Mills Inc. common
210
__
29
Phillips Petroleum
Phoenix Hosiery
2,200
,
30
preferred
Pitts C C & St Louis RR
Pitts Coke fit Chem Co com__No par
"
$5
convertible
preferred—No par
Pitts Consolidation Coal Co——.1
Pittsburgh Forgings Co
1
Pitts Ft Wayne & Chic Ry com—100
T
7%
preferred
100
27% Jan
6
3
May
x48
May
Fob
76%
Deo
i
Deo
247/a
18%
Jan
30% May
Sep
Dec
34
July
Deo
27%
116
Hi
Jan
117%
122
May
109% Aug 12
4
16
Jan
16
Jan
17
12
Jun
10
19%
47
102
Sep
71
Jan
112
Jun
96%
Deo
X
20%
Oct
36
Deo
89
Not
49
Feb
73%
Jan
16%
Deo
41
Jan
10
2
May'ie
18
Feb
1
38% July 24
,108
15%
Sep
23
102
18% Jan
2
30
91
17 % May 19
165
170
Aug
Sep
1
10
/i
Jan
93
July 25
63% July 14
„
84
>
'
Jan
8
Mar
25
106% Aug
Feb
19
36
Oct"*"3
Mar 29
Oct
26% Feb
1
10 y
169
Aug 22 '
203
Jan
2
297/b
Sep
102 %
Sep
110
123
30% Apr 28
103% Jan
Feb
Deo
Deo
33% Sep
31% July 17
Apr 29
50% Mar 15
H% Oct
20%
;89
Deo
Feb
101
11
21
..
104%
109
102% July 15
81
1
18
98Vb Mar 17
43% Jan 18
May 23
26 Vb May 19
96 % Aug
Oct
30% Feb
107/b May 19
21
89
.■
>
29% Jan 21
120% Aug 12
105% Feb
80
Sep
51%
2
23 Vb Jun
26% Jan
_No par
—•
Phillips Jones Corp com
5%
cumulative preferred
—
105
preferred
Apr
Jan
107
5
1157/b May 16
common—No par
Co
,—100
3.8% preferred
—100
.Phila & Reading Coal & Iron——1
Philco Corp common
3
3%% preferred series A—10o
Philip Morris & Co Ltd common—5
4%
preferred
—1—
—100
3.60 series preferred
100
___
92
58
147/a
23%
1
280
,
103
Electric
preference common
•
13T
>
July 28
109% Aug
x98% May 28
No par
—
Highest
$ per share
t
29%
16% Oct
44 V8
share
35%
•
62% Jan
14
52% Sep
25
50
/
Highest
t per share :
U0 $er:'8haf&v
Par
_
9,700
30%
95
30
$1
Apr
Range for Previous
EXCHANGE
preferred—
4.4%
15%/',. ;,/
29V»
:
Phila
10,600
-V
95
•
$6
1,200
29%
98
YORK
14%
8% Deo
11% July 25
8% May 17
5
STOCKS
(Chas)
Pfizer
\}r.&
94%
13
•
33'/3c
•
Pheips-Dodge Corp—
Philadelphia Co 6% preferred
20
29
106%
:
/'■"■'■
118
29 V8
23.
7% Feb
9% May 19
20 y8 Sep
5
*'•:'?/
Pfeiffer
1,800
' '
3,400
V 11,600
0'V
970
24%
29
*116
22
page
3
58 V? Jun
___100
common
NEW
VV
.
53%
21%
see
181% July t
11% Feb
53% Oct
107
50
preferred
"
/
V0V/1
Shares
;
102%
173
footnotes
2nd
Sales for
V
47
95
98
V-
-
/
•
42%'
*157
For
Oct
Sep 24
5% Jan 13
100
No par
Petroleum Corp of America
the Week
r
28%
'
4 y4 %
900
\
•
,;
*101V2
23%
29
*116
92
14%
160% Jun ;
Deo
5
'
101
28%
36%
preferred—.
Pet Milk Co
—
'
53%
101
118
16
Oct. 3
16%
.':■'/ 52%
102%
*91
105 Vt
122% Oct
164
Jun:
40% Jan
Corp com—No par
Pepsi-Cola Co—
300
10%
$ per share
45
42%
*27%
*36
14,400
,
28%
E'V/Vi.
*104
//
30 Va
Sand
Peoples Drug Stores Inc
200
Friday,://{/ :
Oct. 2
92
*105
—
;
Apr.?
2
Aug 25
104
;_7
Peoples G L & Coke (Chic)—
100
Peoria & Eastern Ry Co
,>—100
400
107
'
*105
129% Jan
Jun
67% Jun
48
8
13
10
;
Co__
3V2S series A preferred
400
;
31
*105
:<
54% Sep
28% Oct
Mar
13
A
Pennsylvania Salt Mfg Co com—10
540
49%
30%
$ per share
28%
17
1,100
10%
Cement
Penn Power & Light Co
Pennsylvania RR
22,500
>
.
92%
95
•'95
57
,:.
■
45%
103%
*91
10
108
10%
42%
V
*102%
28 %
*91%
5%
«—
.
15,100
18
29%
/
*105%
10 Va
103%
92%
29%
-
$ per share
44% "•
44%
41% V/ /: 41%
53%
52%
99%
;
,/ 19 Va
Glass
Penn
PRICES
*102%
57%
29%
30 Va
108
30%
57
49%
10
29%
*98
50%
91%
29%
*
50%
47%
Feb
No par
1
Coal & Coke Corp__
Penn-Dixie
—
116 %
*9
48
Oct
Feb
No par
—
Penn
600
'
"45 %
29%
99%
*27%
■
45%
4
*91
•
-
•45%
103%
7*102%
v/zV/;
■tyiv 15 %
•;/':••• 28%-
19
17%
Oct. 1
24
v
19%
17%
91%
& Ford,
Penney (J C) Co
Penn-Central Airlines Corp
':
17%
.
Penick
No par
5
Deo
36%
18
7
2.50
Transportation
& Enterprises
Patino Mines
3,400
'
•
31
112
Parker Rust Proof Co
Parmelee
24
Jan
«
•
118%
106%
.; 95
29%
-77
29%
*11«
"
:
*108%
'.
19 ■/.:
Wednesday
101
23%
29 VB
118%
107
>■■>
101
23%
28%
*116
/
52%
,
102%
23%
STOCK
41%
54
*101
EXCHANGE
16 Va
42%
29%
SALE
$ per share VV
41
'
31
.112/"
—,1
No par
Co
42
Jan
J
18%
*29
&
5 900
3,300
v
15
18%
*108%
.
51
10%
HIGH
Tuesday
Sept. 30
Sept. 29
$ per share
8'
14%
18%
10
*105%
10%
AND
-.42%V!
7%
T
900
500 /
15
..
91%
*29%
108
800
1,400
.
Davis
19%
25% July •
>88% Mar (
168
Mines.—it;
Utah Consolidated
V
;
Deo
1
62% Jan 11
39% Feb 19
21% Jan, 10 /
4% Sep
4
_i.l(J0
_1
Inc_
Oct
Not
Feb
6
No par
Pictures
S
91
1
Refining
Inc/common
Parke
'
*29 /■/
.
.
116
51
30%
*105 V*
33
*18 ;
45%
;
Pi *9 V4
10 %
V.42%
7%
Park
1,600
'
&
Park & Tilford Inc
4,400
.
18
*90%
*9%
28%
33
'
200 /
1/
•
Cos
Paramount
-: V
7%
10
19%
116
90%
*28%
42%
7%
?£ 13
112
*108%
19%
*51%
'/
42%
15 /•;;
45
t per share
43 Va
33%
/V
Prod
convertible, preferred
A%
26,100
29 Va
'
17%
*105y4
33
.
i
39 V4
29 Ve
V
/ Paraffine
f f "f i
2%
39
4
;
>
„
42%
2%
10%
"33'A
19
115
-*41%
2%
28%
7%
43
31
.
28%
/
*33
7%
•
23%
.
39
♦10
112
,
42
71
109
.
•
39
15%
*27%
.
22%
Panhandle
10%
12%
43%
*
3
*
152
Panhandle East Pipe L com__Nopar
4V preferred
100
'
230
9,300
1,200
>
49
•
75
J 3% May 16
,
1
{Pan-American Petrol <fc Transp—5
3,500
.
6%
70y2
.*106
800
Sep 24
Sep 12
Sep 15
19
;
Apr 10
25% May 19
Pacific Western Oil Corp_
10
Packard Motor Car
No par
Pan American Airways Corp_—_2Va'
17,900
104%
39
17%
15
•17%
"52
6'/4
S
'•
34% Jun
54
No par
Pacific Tin Consolidated Corp
Jan:
24
No par V
16
May 28 y
9% May 19
Jan 16>
50
/Pacific. Telep & Teleg common—100
i 6% preferred.—
100
v•
"' 60,100
'
•
.15%
5iy2
22%'
2% /;
5V8
' 10y8
:*104
.
107%
*40
2%
*/
71
5
38%
33%/
42Va
7%
7V8
42-%
2%
69 %
22%
53%
1,300
■■■.31,000
non-cum
preferred
Pacific Mill3
200
4%
*15
6%
*106
23 V8
10%
*32%
69%.
.107 %
*40%
'
28%
10
;
52
6%
*
i-
130
.
156%
9%
104 '■/.
104
.
-:
15%
51%
-
6%
22%
38%
7%
;•
6%
*106
2%;
38%
52%
100
••
non-cumJ—No par
Pacific Gas & Electric——
25
Pacific Lighting Corp..;
No par
1,200
,
51%
'
'
•
400
;x
,10
.
_10
common^
1st; preferred
2nd
4,000
V/
4'/4
5 Va
10
*14%
.
100
V,
Pacific Coast Co
* ' * 140 yj
,
35%; 35%
100
9%
104
•69
42
'2%
38
7%
:
23 y8
38
10
51%-
.
107%
42
•
...
v.
SO
£<
40%
40
156%' /V *156%
/V 5
15
104
6%
22%
,v
5 Va
70
,*106
■
'
10%
52%
:
:
.,;:4%
104%
6%
52
// 9%
14%
pi/
15,
52
2%
2%
5
10
104V2
.
40%
40%
.
4%
107%;
22%
■
9%
52
*106
Saturday
Sept. 27 7
99%
;
39
j/39%
*55% '56%
52%
15
104
''
:V:.
.35
100
47
6%
6%
; *65
170
,
"•'•56;/f''
-35
156%
15
50%
?
35
:■ *
40%/.".
;/ 39%
39
4%
4%
.104
-
40%
v-.V 56
.
100
9%
•
15
'
72*
V
55%
Pacific Amer Fisheries Inc—V,.—5
600
:i4>
*68y4
156%
46
;
4%
■V
35
15
.
*13y4
-72
i
39%
.'(*55%
*14V2
14
*68V4
""
9%
/
V
15 V4
,
*13y4
,
41%
39%
55 %
*14%
13%
*68%: :,72
■//13%.
:■/.
72
i
15
I4%r
14%
13
72 /"
" *40,
.;
<*14%
•
13%
..*13
.
;•
Oct
136
7%
Sep
15%
106
Deo
Feb
May
Feb
Feb
89%
Deo
17%
Not
26% May
Xl6%
Deo
30
Feb
197
July
202
May
200
Not
210
Mar
ji
•
'"i
Volume
THE
Number 4635
AND
LOW
Saturday
Sept. 27
Sept. 29
Wednesday
Thursday
Friday
Sales for
Oct. 1
Oct. 2
Oct. 3
the Week
S
S per share
36%
* per share
share
36%
37Vo
-
per
36%
36%
37
t per share
$ per share
36%
8%
8%
8%
8%
8%
8%
8%
13%
13%
14%
14%
14%
13%
8%
14%
♦130
♦130
140
140
140
140
87
*130
85%
86%
86
♦82%
82%
82%
82%
83
83
♦13%
14
13%
15
14%
15%
167
*154%
•
8%
2,200
14%
9,300
*30%
*10
10%
♦10
23%
23%
*23%
23 %
31
31
32
90
34%
83
82%
130
*14
15
15
15
900
*154
165
*154
165
88
83
35%
*10
23%
23%
24
31%
32
34%
34%
34%
34%
10%
10%
24
24
24 %
33
32 %
32%
*31%
\ 1,600
400
'
13%
13%
13%
14
14
14
14%
14%
14%
10%
10%
10%
10%
10%
10%
10%
10%
; 6,500
♦35%
37%
37
4%%
36
♦35%
37'/a
1,200
66%
67%
66%
67
66%
67%
4,600
26%
25%
25%
25%
27%
9,800
Publicker Industries Inc
93
93
91 %
92
91%
92
35
35%
35%
35%
35%
35%
35%
35%
35%
35%
22%
22%
22%
23%
23
23%
22%
23%
22%
23%
106
106%
105%
106
105
105
105%
106 %
105%
106
116%
116%
116%
116%
116%
116%
116%
116
116%
129%
129%
129%
129%
128%
116%
129%
129
129
128%
128'/a
142
142
141%
143
142%
142%
141 %
142 %
111%
111%
111%
111%
•111%
'
-I
113
53
'
53%
53
.
•106
107
-
30%
*22
*30%
22%
30%-,
53
♦22
340
-
54
26
26%
26%
106%
106%
;
*22
:
•„
300
30 %
22%
8%
V
11,700
-
"•
30% .i■-
22%
5%
400
,
,
(The)
14
69
141
Nov
200
92
m
heay
34%
Nov
13
Oct
1
28
>b
96%
68% Deo
12% Oct
23
Jan
22'rt Feb
Oct
Jan
200
Nov
31%
Jun
22
26% JUlv 28
Apr 19
12% Nov
19
29% Aug
Sep
20% Sep
14% Oct
25
Oct
3
27%
Feb
May 17
May 19
16
Feb
13
11% Nov
30
Feb
43
Feb
17
63 %
Feb
May 20
67% July 17
63
Oct
71% Apr
32% Jan
2
32
Nov
67
102% Feb
13
30% May 19
21% Jan 16
10
Oct
July
38
Dec
...
98% Deo
38% Jan
2
25 % Feb
21
31
May
105% May
Sep
41
July
17% Oct
103
Sep
108
Sep
116% Jan
30%
Jun
103% Apr 24
109% May 14
111
117
May 28
130
100
127
Jan
114% Aug
139% May
119% Jun
160
110% Jun 24
146% July
114% Feb
9
Jan
par
8
112
117%
Feb
61% Feb
3
47% Sep
19% Peb
107
Oct
par
Aug
5
120% July 17
2
51% May 19
;
21% May 19
:_No par
common
100
Purity Bakeries Corp
t-
Jan
35% Oct
14 % Jan
15% May 17
91 % Oct. 3
20
preferred——
conv
200
22
48% Jan
57
No par
Colorado
preferred—:
Pure Oil
700
;jf..
of
70
.
22%
30%
....
Co
V Pub Serv Elec & Gas pfd $5—No
;3,700
Pullman Inc
——No
'
Sep
Sep
34
—_
330
,
111%
53
450
.
-
17% Feo
21
—
400
3
18
171
Pub Serv Corp of N J< com—No par
$5 preferred
—No par
6% preferred
100
7% preferred10o
.
142
111%
preferred
cum
Oct
10% May 19
com——5
Public
30'
1
84% Sep
Jan
10
1,600
Service
Oct
90
13
67
9
preerred series A_,
$4.75
140
May 15
17% May 16
7,200
•
330
107
30
22%
♦141
53%
25%
•106
30%
22
22%
:
107
30%
30%
53%
26%
*106
f,:
,
53%
25'/a
v
107
i
113
•111%
531/s
25%
>
25%'
25% .: 25%
107
*
Apr 22
59% May 17
50
Procter & Gamble—
25%
-
114
No par
36
67
26%
-
Oct
—1
com
t per share
Dec
9%
103
18% Feb
66%
92%
7 Mi
1
34
24%
92%
14
11% May 17
24%
92%
9% Feb
14% Oct
19% May 19
66%
92
1
1
24%
37
42% Feb
B————No par
& Co class
Pressed Steel Car Co Inc
Highest
,
$ per share
7
May 19
8% May 19
_5
66%
•35
♦35
Poor
Lowest
21
1
■——:
;
Pond Creek Pocahontas——.
,
900
10%
32 % Apr
100
Plymouth Oil Co
.
$ per share
5
(The)-
Plough Inc
t
13%
CLOSED
preferred class B—
Pittston Co
6,700
♦10
10%
10
EXCHANGE
7%
Highest
$ per share
Par
-
5% preferred class A
100
5%% 1st ser conv prior pfd__100
Pittsburgh & West Virginia——100
Pittsburgh Young & Ash pfd
100
730
86%
167
165
34%
♦154
34
11
34%
♦10
,
10
130
87%
82%
87
35
♦154
♦
•
Year 1946
Lowest
Pittsburgh Plate Glass Co—
10
Pittsburgh Screw & Bolt
No par
Pittsburgh Steel Co com—No par
4,900
37
13%
8%
13%
STOCK
36%
36%
Range Since January 1
EXCHANGE
'
Shares
1
21
Range for Previous
NEW YORK STOCK
^
$ per share
(1369)
STOCKS
PEICES
SALE
HIGH
Tuesday
Sept. 30
Monday
& FINANCIAL CHRONICLE
COMMERCIAL
.1106% Oct
No par
25
;
Quaker State Oil Refining Corp—10
28% July 25
109 % Jan 17
3
May 19
20
Aug 18
36% Feb
Mar 14
126
Nov
69% Jan
28% May
118% Jun
.
4
30
13% Jan 3T
Jan
38% Feb
10% Feb
M% Aug
•
Hot
76% Dec
15% Oct
.
Bep
28% Apr
R
7 7/8
.'I-
8%
74%
10%
;
11
7%
103
743/4
103%
•102 i
♦29%
103
♦29%
:V
*
;
•19
37%
i
19%
193/8
t. 44 ♦ "
-♦42
•36
•42
■
38
*12%
;•
*94
99
-*f
•
'■.-24%
':
'-
•
•94
96
13%
13%
:;,i 117.
14
/
24%
243/4
243/47.
11%
11%
113A
70
70
14%
143/a
119
118
-
25%
*113/4
42
12
31
v 500
37
99
r
-
'
*94-
i-
"■
14
120;
♦243/a
■
U3A
123.
25%
11%
■"
125
*24%
-
,
.,
69% .70
:
14 Ve
14%
•99%
v
t-
101
*99%
#293/*
29%
7%
-7%
'■4%
4%
:
;
30
70
7
70
14%
7
143/4
69
♦995/b
100
30%
31
7%
100 Mi
29%
v
V
;
.
25
70
200
Reis
•
-v
'
14%
15
rV/
101 /
"**993/8
/
•;'70
...
„
■.<■/
230
r
7
31%
Oct
35 Ma Jun
*.50
pfd 3Ma%
Remington-Rand
.
41
Mar
3
-
39
9 Ma May 17
99
-
11
}' 85
series—
418% Feb
May 17
126
20 Ma May 21
11 Ma Sep
4
14
Sep 24*.
$4.50 preferred——
Motors Inc_—____________
7,400
8,100i
i
25
Republic Aviation Corp—
Republic Pictures common-.
2
•
f
.
18
31
Apr
112% Feb
16% Oct
125% Jan
Sep
26 Mi
Deo
14% Nov
48% Apr
27% May
74
Dec
101
2
100
Oct
323/4 Aug 12
x 20
Aug 11
-
Jan
Peb
•3% Jun
O 46% Jan
76%
'
8
102
24% Jan 13
•;
July 25
13
17
99% Sep 23 '
1
Nov
May
Apr
33%
Sep
12% Deo
84 Mi Feb
50c
Reo
99
173/8 Feb
Oct
33
"39
;
'8ep
15
4
11
29% Feb
69
40
1
16 Mi Feb
•
._100
common
36% Oct
108% Mar
Sep
9
May 16
100
!
14 7
Jan
112% Feb
49% Peb
Dec
17% Bep
32% Nov
16% Sep
Ma1 July 25
July 14 :•
48
?
?:
100
32
1'
22 Ma July 25
34 % May 22
!
.50c
——
new
Ma May 17
If
06% Iter
100% Deo
10
38 Ma Feb
9
■
16
common.——J—5
1,900
<
Feb
29
i
preferred—-„5o
(Robt) & Co 1st pfd
Conv
6,400
-
lOOMa
*995/8
30% r :v./- 31%
"30%
1,100
'
2nd
41
7
♦
105% Mar 1
17% May 19
Reliable Stores Corp
—No par
Reliance Mfg Co commoni_
No par
200
*11%
*69%
14tS
14%
8
:
■
:
11%
CI"
non-cum
Reeves Bros Inc_l-i
2,200
2
'
11%
noh-cum lkt preferred
4%
Real Silk Hosiery
Preferred
——
133/4. *14
•
■7/
400
May 28
28% May 19
.—50
4%
100
-
>■/'
»'
Apr 15
10% May 21 y
102
pfd——100
Reading Co common—L_—
*
300
13%/ ''':7M2%
-;
700
:
10% Feb
T
80% Feb / ;
15% Jan
2
70
;■
Raybestos Manhattan.^——No par
Rayonier Inc common__j—
1
$2 preferred————25
7,600
;
.
99
7
V
42%
*353/4
"
7
19%
•
42 %
Ralston Purina Co 3aA%
240
2X400
:r| '<
■
373/8 :V
19%
<
;
'
28%
'♦37%
*
;
-
7,500
13%
7-133/4
-
•243/a
36
•94
yd
14
.,
119
117
-
102 Ma
7% May 19
Corp of America com—No par
$3:50 conv 1st preferred—No par
Radio-Keith-Orpheum^—'——
—1
800
•
11%
■'"".v
19
13%
;
13%
95"
13%
'
'/'V 303/4
37%/
-
41%
36 7
-
38
•36
r
13 V*
19
■
■
11
28% / •-728:
7*37%-
19%
44
Radio
24,200
/
7:
75
102%
7
30% '
28%-
''S 75
■■■>"■
102'/a
*30
-
373/4
♦193/a
.v.-V •42 -
a
38
13 %
*94
.
115
••
303/4
8%
•'
.
lift-
-
r
7
8%
74% ;
-»
♦101
29
373/4
19%
44
•36
13%
'13% -13%
115
"
;
11
-
102
; 27%
373/8*:
8%
74
-
11%
•29%
,V.
■
lit
102
:r
27.3/4- 1
373/«
8%'.,?
75.-
•74/
t
:Ji
,
30%
:
27
t
"
37%
8%
•
.
/>/■'*
.10% •■11..
'.
-
30%
26% Z 26%
8%
74%
■>'.
75%
May
-
Oct
7% Nov
14% Apr
7
•
106% Apr
34% July
17% Peb
21% Peb
'
♦ii%
26%
:
102
,V"0:"7
"
7
22%
19%
V.
49%''
•997/8
153/4
1023/4
*102 Ma
11%
11%
nMi
393/4
39%
403/a
49%
40
49%
100 Va
100%
20%
21
15%
153/8
153/4
-
♦26
27
♦193/4
',•■'
7/ 6%
20%
Xl9%
60
60'/a
603/4
*20%
20%
20 3/4
LOW AND
HIGH
6%
Monday
Tuesday
20
Sept. 29
Sept. 30
I per share
I per share
433/4
V.
43%
8%
8%
44
Ma
22%
112%
112 Ma
*112%
93%
*92
■
8 Ma
10%
22 Ma
.
94
.,
103/4
*92 Ma
'
23
113 Ma
•112 Ma
9s/a
93/4
9%
34%
363%
36 M4
373/8
46
46
46 Mi
46%
46%
102%
*99 Mi
STOCK
EXCHANGE
102 Ma
100
CLOSED
102%
100
/■
102 Ma
100
15 Ma
15 Ma
15Mi
95
♦92
,
•99 Ma
15M4
*92 Mi
95
153/8
16 Mi
16 M4
45%
46
46
,293/4
293/4
•53/4
5%
293/4
8 Mi
11 Ma
36%
•
11 Ma
i
11%
8%
11M4
♦103
5%
36 Ma
11%
*11 Ma
29%
5%
7,,
36 Ma
36
,
" "
:
>
8
"
-
,
30
6 Ma
>
38 Ma
74,200
46%
400
160
102 Ma
99
•92 Ma
93%
16 Mi
f
•
16Ma
700
29%; 29 Ma
\;V! 2,500
6 Mi
*53/4
6M4
36%
736%
37Ma
11% 7
77'11%
12
M4
8 Mi
8 Ma
8 Ma
8Ma
8%
8M2
85/b
11%
U Mi
11%
11%
113/s
ll3/8
*102Ma
104Ma
*102 Ma
104 y2
♦102%
104 M2
•103Ma
24 Mi
24%
f
24
24
333/4
34%
343/4
•21
21%
*79
80
•12 Mi
,
*17
■; 7
29 Mi
/:
;
•
7
■
21%
104%
247/a
5,900
Shamrock Oil & Gas
12 Ma
29%
-
7 Ma
•"
7
7'
36
36 Ma
42 Ma
42
42
43
43
15 Ma
153/4
15%
15%
157/8
4%
35M2
V1V2I
6,100
Sharon
21s/a
81 Ma
85 Ma
84
86
86
183/4
19
19 M4
19 Mi
54
54
34 Mi
34 Ma
343/4
♦99 Ma
101 Ma
♦lOOMa
273/4
*27 Mi
16 Mi
16Mb
•
55
343/8
•99 Ma
101 Ma
*26 Mi
27 Mi
157/a
16 Ma
4
4ya
6
6 Ms
"
*503/4
513/4
.
27
16
;
4
*6
♦503/4
(
3 6 3/8
♦42 3/8
15%
54 Ma
553/4
55%
563/8
35%
355/a
36%
5,400
101 Ma
lOOMa
lOOMa
100%
100%
28
273/a
273/a
*26%
27%
163/8
16 V*
163/a
16%
16%
♦50 3/4
513/4
•503/4
18%
18%
18
41 Ma
41
413/a
24
167
*167
169
*167
169
,
31%
313/4
24
24 M4
44 Ms
43
37 Ma
39
385/a
393/4
62
63
63
62
62
♦74
78
'78
2,300
,
,*
-
800
120
7/a
443/4
3£'%
39 Ma
<38%
63%
63%
64
*74 Ms
78
*74 Ms
78
600
—
Highest
J per share
2
11%
Deo
May
12% Deo
30%
Deo
33
22
Nov *
Sep
64
Deo
34% May
4
8
16
Jan
55% Jan
2
63
Nov
100
49 Ma Jan
7
42
Oct
61
Aug
July
2
100
Deo
110% Jun
95% Deo
102% Nov
102 Mi July
18 Ma Jan
98 Ma Mar
.
1103/i Sep
9% Nov
9
116
Mar
20
3
13
17%
42
Sep
Sep
37% Jan
15
23
33 Ma July 24
10 Ma Feb
6
23
Oct
89%
403/4 July 14
16 Ma Feb ' 8
35% Nov
10yi Nov
16 Mi Feb
13 y4 Nov
Mar
55
8
5% May 17
30 Mb May 19
11 Mi Sep
23
9
Sep
6% Nov
11
> 16% Feb
10 Mb May 19
110
22
20 Ma Apr
15
Jan
12% Oct
7
105
1
17% Oct
23 Mi Oct
123
Jan
243/4 May 19
273/4 July
36 Mi Oct
May 19
33% Jan
6
75
Jun
82
Feb
19
16
May 10
12
Jun
3
v
3
22
24% May 19
Feb
34
20
Apr
23% May
22% July
24% Jan
113% May
32% Apr
40% Peb
Jan
39% May
81% May
26% Apr
27% Feb
July 17
•
63^ May 19
9 Ma Feb
17
6 3/i Feb
8
27% May 19
Apr
17% Feb
49%
43%
.
10
4
Apr 14
Dec
77% Peb
17% Sep
77
21% Feb 18
;■
8
Deo
5% Oct
33
Nov
Jun
17% July
14% Feb
41
Jan
7
39
Apr 22
51
Feb
21
38% Jan
61
14
May 19
16% July 28
15
Oct
20% Jan
65
Mar 15
923/4 Oct, 3
54
Jan
•8%
Jun
20
16
May 20
21
14 ;
Bep
27%
Peb
10
38
42
Oct
81
Jan
:
,
preferred
20
100
—50
Southeastern
Greyhound Lines
5
South Porto Rico Sugar com
No par
8%
preferred
California
Edison
Co—
Southern Pacific Co_
Railway
Mobile & Ohio stock tr ctfs
39
17
100
29%
Sep
13 yi
Oct
8
8% Jan
9
54% Apr
22% Jan
30% Apr 25
—100
6
July 11
9
7
4% Sep
7% Deo
•6% Jun
May
86% May
106
July
48
May
18%
Jun
8% May
8
Nov
62% Deo
20% Deo
83
48%
89% Peb
Nov
82% Deo
"
25
No par
Deo
30
5 Mi Feb
50Ma Sep 26
14% May 28
353/i Nov
99
35% Jan
3
100
7.50
3
Jan 23
102 Ma Jun
37 Mi May 19
154
May 19
—_No »ar
common
preferred
5% Oct
Oct
60 Ma July 11
3 Ma May 20
non-cum
45
11 Ma Feb
133/4 Mar 14
5%
$ per share
Feb
—15
Southern
Year 1946
Lowest
24% Feb
No par
Southern Natural Gas
9,800
■
r
Range for Previous
.
2
1033/4 Sep
South Amer Gold & Platinum
__1
South Carolina E & G Co com__7.50
Smith & Corona
Typewriter
Southern
•<13,300
"rf-
114 Ma Mar
May 20
29 Ma May 19
98
Apr
2
24 Mi July
1
5%
\
No par
Smith (A) & Sons Carpet Co com
3M2% cumulative preferred
1,500
393/b
♦62 Mb
par
'
May
34% Jan
15
2,400
„
5
'
21% Oct
v
No par
Socony Vacuum Oil Co Inc
4,200
2,300
'7
Co__—L____——No
Simonds Saw & Steel—
Sinclair Oil Corp
__h
32
24%
38
41%
43%
62
i
34,300
;...
18
41%
32
36 Ma
x31%
600
"
15
66
18
v
par
,_1
:
Sloss-Sheffield Steel & Iron
Smith (A O) Corp
A.
210
7
Oil
Skelly Oil Co
5,100
.
513/4
18
413/s
24
43
For footnotes see page 23.
♦503/4
18%
41%
443/4
24
♦74 Ms
7
24%
32
42%
78
513/4
6
5,600
_
4Mb 77;
5%
317/B
32
24
*74
4
Ma
17 Ma
18 Ma
41
43%
'
l,90o
34%
19
44 Mi
Simmons
200
23,100
35%
6
24
r
.
55
4
32
>
16
923/4
6
42"%
-
44
21
3%
23 Ma
Silver King Coalition Mines
Union
par
30% Jun
21
11 Mi May 19
393/4 May 17
102
7
1;
Sheraton Corp of America
91%
6
Co
8°0.
1,200
20
4
Pen
5,300
19%
6
(W A)
7
7
92
4
317/B
Sheaffer
Shell
19%
41%
Ma
36%
■
15%-
100
•V
No par
—No par,
A;
7V*
43/a
.
A
4,500
89 3/4
6 Ma
167
4%
$3.50 conv pref series
Shattuck (Frank G)__
Oct
Oct
Sep
6%
44
Aug 8
113/4 July 17
98 Ma July 24
26 Mi July 17
1
8 Ma Sep
No par
7
193/4
x55
167
<7
433/4
''
30
300
800
90
-
♦164 Ma
7
36%
,
4 Ma
4
513/4
/''•
153/4
18 3/4
167
7 Ma
♦423/s
413/a
•164 Ma
;
.
*4%
-
:-X
125/4
29 Mi
*36 Ma
'
34 Mi
*12
30
;
1
7
——1
Steel Corp
:____No
Sharpe & Dohme commonNo
1,300
/
17Ma
363/4
19 3%
54 '
7
36M4
17
4 Ma
43/8
♦363/8
84
'.
•
16
4M4
^
f
12%
29%
7%
4%
36 Mi
17
*12
12%
♦413/4
>
16%
293/4
4%
21%
80
Servel Inc common
$4.50 preferred.
Jun
17
3
Oct
12 Ma Jan
2,
26
38
40%
Oct
.
55% Jan
3
14% May 19
Jun
Jun
60% July
108% Peb
20% May
Apr
13% Peb
33
96 Mi Jan
90
l
*79
7355/8
21%
80
17
353/i
-
35 M4
7
80
17
12%
28%
36
21M4
♦79
-
17 y4
•12%
12%
7
79 Mi
25
353/s
21 Mi
79%"
29
283/4
24 %
35%
:' *21
17
17
V
,
24
5
24M2
"
24
96 Ma May
,
Deo
28% Peb
46%
12% Oct
$ per share
Ma Mar 14
Seiberling Rubber Co___
4,500
'7'
:
19
\7
Ma May 19
/ 41
Nov
25
26 Mi Feb
7 Mi May 19
23 Ma May 17
-
100
10% Mar 31
Ma Jun 17
Oct
18% May
46% Jan
136
Jan
63
xllOMs Jun 17
Seeger Refrigerator Co
900
,
9
Apr
31% May
110% Jan
243% Mar 31
May 19
5
;
Feb
*
17 Ma Aug
31
Feb
9
20
15
——
1,600
V
ll5/8
104
36 Mi Sep
43
•
Feb
<
Highest
—100
preferred series A—
LlOO 7
Seaboard Oil Co of Del—__No par A/
Seagrave Corp
w5
Sears Roebuck & Co
_No par-
15,600
Jun
40% Peb
118
Nov
Feb
25% Feb
92
5%
700
36 Ma
12%
.
18
_100
$3.40 cum preferred
No par
Scovill Mfg Co 3.65% cum pfd—100
Scranton Elec Co (The) common
5
3.35% cumulative preferred—100
Seaboard Air Line com v t c
No par
5,700
46M2
7
5 Ma May 19
Schenley Distillers Corp
1.75
Scott Paper Co common—No par
:
16 ®/4 Feb
J jWt share
7 40
—5
common-.
—
94%.';i;;;—
15s/8
/ 746Ma
11 Ma
11%
.
;
300
1,600
.
153/a
*53/4
367/a
ll5/a
;
37
♦46
46% ,/
29Mav
,
29
6 Ma
36 5/8
50
98Ma
par
—10
1st pfd 4.40% series A_.
Safeway Stores common—!
5% preferred
Savage Arms Corp
*
.
Sep
Sep
Lowest
>/. '
140
;4,900
24%
50
,
St Regis Paper Co
6,800
.15Ma
'
9 Ma Oct
105 Mi
Range Since January 1
\
97
7
8
44 Ma Feb
2
Apr 14
133/i Jan 16
Sep
8ep
2
:
V
EXCHANGE
16
28
19
V
*
Jan
7
ss/a Sep
9
193/4 Sep
4 v
;; 42 Ma May 19,
•i. 18% May 19
—
24% Oct
107% Oct
Jan
23 Ma May 16
5
7
16,700
A; ;:'
■
May 19
Oct
Oct
124
-
100
t
Deo
39
May 27
9
/
10Mi
11%
,
7;
105
295/b
46%
103/i
9
Apr
ll3/4 Feb
> 36% Apr 14
"... 45
May 29
St L-San F Ry Co com v t c__No par
Preferred series A 5% —,
100
112 Ma
.
19Mi Jun'
NEW YORK STOCK
''f;
-
110
90
No par
(Jacob)
May 28
243/4 Feb 16
.»
13%
V
113 Mi
;
Sep 10
6% Sep 15
_1
(The)—
May 19
100
8,300
.
10 Ma
15%
7V
AS./';". 7,100
22%
99Ma
16
7
•
•112 Ms
102%-
♦93
16%
47 Ma
9
31'A
*101 Ma
Co
,
Sep 30 :
l4-<
St Joseph Lead——
92
37%
21
1,800
225/8
h
Ruppert
Shares
92
46%'
15%
■;
•.
10 Ma
Antelope Copper Mines-
STOCKS
443/a
31
7
'710Mb
99M4;
95
16 3%
♦46
23
112 %
102%
15 Ma
•93 Ma
•
16 Ma
45 MI
92%
35%
100
15 v*
-si 7.
10%
*46
*102% 102 Ma
83/4
30%
X10
.
44 Mi
300
Sale* foe
'f. .f
30% Feb
.1100
Royal Typewriter
Ruberoid
the Week /
I per share
4
110
;_lo
^
3.60%
series-*.
"
Oct. 3
83/4"
297/a
112 Ma
;
600
/
,3
15% Feb
,
par
Roan
2,600
Friday
7,
443/4 ,;.;
223/4
10 Mi
343/4
46 %
20%
92
j
113 Ma
9%
33 Mi
'■
20%
:
63
8%
23 Ma
7 9%
77
62
21%
'
'■
20Ml
20
:
10 Ma
7
94
227/a
Preferred
:-?V 100
■if 1,300
62
U- 44 Va
83/4
30 Ms
10%
30 Ma
93%
22 %
7
i'
65/a
■
Rheem Manufacturing Co_
_1
Richfield Oil Corp*
——No par,
Ritter Company
—_*
No
2,000
27%
t per share
44% ,;;
-
293/4
83/4
29 Mi
10 Ma
10%
*21
$ per share
433/4
8%'
7
29%
10%
16 Mi
*26%
Thursday
77'; Oct. 2,777
'
29
,15%
-.
Oct. 1
I per eAor#
400
:6%
'20
61'/»
^
Wednesday
Sept. 27
Common
12,900
6%
.
BALK PRICES
Saturday
:>*:■;.
*
263/4
16%
*25%
61%
21 7;
7.217'.:
22
r' 21
,
7,900
130
100...:
100
21
;
8% Feb
11
Jun 30
*. 22% May 19
:50c
5M2% convertible preferred
100
Reynolds Spring __—_—_i_.
I—1
Reynolds (R J) Tob class B—_10
"
193/4
60
j:r 100%
so
800
'
'7
Drug Inc__^__—__—2.50
Reynolds Metals Co com—No par
1,600
50
•
21
6%
21
22%
104
*48 5/8
50
.7 16
27
6%
6
100
7
22%
40%
*485/a
153/4
*25%
22%'.-
9% Jan
Rexall
20,300 ;
40%
/
50
59%
43%
"
11%
203/4
20%
*193/4
>
/
iV
22%
>
120
7
6%
:
43/8 May 19
45/a Aug 25
1
$1 convertible preferred—10
Republic Steel Corp com—__No par
6% cOnv prior pfd series A
100
Revere Copper & Brass com—No
par,
5% %
preferred
<
.—100
5,100
100
100
*
7 .-:
600
20%
1023/4
40%
6
111
193/4
23
11%
100%
26
6
,
104
20 Mi
153/4
26
1,900
22,800 '
22%
•11
♦99%
•
-
11%
277/b
100
6%
Ms;
t
11%
193/4
7
5
•102%
11
393/4
21
: 21
110%
19%
100
;
22%
*49%
50
1003/8
1103/4
193/4
7%
.
■
26%
*110
r
273/8
'
100
6%
5"/-';"
11%. 7''
26%
73/4
7 V '43/4
1041/4
22%
11
39%
39%
/7
73/4-7,
4 3/8
-11%'
:
111'Mi
19%
100
,
7
103
11 ■:■
7%
7-f
275/a
•1103/4
102 "
6%
/
,
26%
'
193/a
♦100
104
•10%
26%
110:, 1103/4
;r
«
22%
104
v,t
26%
19%
19%
♦100
73/4
4%
43/4
43/4
:
ll5/a 77 711% .11%
*113/8
/
111%
111%
,
7%
4%
11%
25%
V
56
28
Aug 15
34% Jan
7
28 Ms Feb
4
47 Mi Feb
Sep
193
167
Dec
30
Sep
39% July
22%
Jan
33% May
May
*
8
38yi;Oct
70
Jon
50% Jan
2
33
65
Jun
Feb
8
64yi Oct
May 19
573/4 May 19
77
74 Ma Jun
81.-
13
18
181
22
July 29
34% Apr 19
Jan
-Aug 26
73
Sep
Oct
90% Jun
96
Peb
& FINANCIAL
COMMERCIAL
THE
NEW
Monday, October 6, 1947
CHRONICLE
STOCK RECORD
YORK
STOCKS
Monday
Tuesday
Sept. 27
Sept. 29
Sept. 80
I per share
8 per share
Saturday
19
*26%
27
21%
27%
22
11%
11
16%
16%
19
19
28%
11%'
76
•16%
'
17
•
31%
*30%
i-
110%
110%
21%
11%
■*75%
" 75
75
27%
21%
v?
.
110%
*110
28% v 29%
29
101 V
*98Va
29%
30%
110
111%
109%
110%
120
121 V;
119%
120%
•
101V4
30%
♦98
29%
1
57%
57%
57
39 Va
39 %
73%
73%
74
"
22 '/a
11%
77
77%
16%
16%
31%
109%
28%
*98%
29%
101 %
28%
17
31%
30
31 %
109%
29%
*108%
109%
29 Va
28%
>
100
100
29%
29 Va
108
109%
108
109
116%
119%
118
118%
57%
57%
58
58
58%
39%
39%
39%
40
73%
74 Va
73%
74%
27%
28
27%
28%
*102%
103
27%
27%
*102%
103%
13%
13%
13%
.
;
v
*44
47
*13%
13%
36%
.45%
13%
*13%
37
36%
37
32%
33
43
45%
102%
*101
102 V4
*101
13%
13%
*41
43-
32%
(32%'
*
103
103
13'/4
13
*41
102%
32%
11%
76
16%
13% i 13%
37
37%
V
22%
11%
76
•40% V 42%
*43
47 &
*101
22 Vt
11%
39%
102%
13
•,
22 Va
;«N28%
28
57%
27 %
13
5%
I
9
80
73%
102%
103
12%
20
5 Va
5%
*8%
*75%
'
74Va
28
27
26 Va
103
5%
.
19%
33%
'//15%/15%'
; 15%
15%
15%
15'A
15%
21%
22 %
22 Va
22 %
22%
23
23%
23%
21%
21%
•20%
21%
21%
21 Va
21 %
13%
13%
13%
*9%
10%
15
v.
13%
„
STOCK
Shares
$ per share
19%
YORK
EXCHANGE
the Week
:
39 %
39%
72%
■
57%
39
19%
5%V 5% •
8%
8'/a ;
*75%
80
28
28%
21%
22%
11%
11%
75%
75%
17
17%
31%
31%
110
;110
29%
29 %
*98% 101 %
29
30%
109% 109%
119.
119%
8%
80
Oct. 3
$ per share
20
19%
Oct. 2
NEW
Sales for
Friday
,
$ per sharq
5Va
5
>8
*75%
Thursday
Oct. 1
i
19%
.
80
j
share
,
8%
8V2
*75%
.
19 %
1
5%
4%
;;
.
$ per
X
19
.
SALE PRICES
Wednesday
HIGH
AND
LOW
13%
13%
13%
21
20%
21 Va
20%
20%
20%
20%
20 Va
*21
13%
•
'
11%
11%
11%
11%
11%
11%
11 %
11%
•104%
106%
*104Va
106%
105%
*105%
53 %
53 %
121%
105 %
53%
♦120
•120
106%
53%
121%
•120
>
xll%
37%
38%
108
<
53%
121%
*120
121%
12 Va
12
12%
11%
12
37%
87%
38
38%
39%
9%
9%
10
9%
11%
v
9%r
9%
♦21%
21 Va
•106
53%
53 Va
*53%
11%
38 Va
9%
21% .21%
x21 Va
106%
106%
106
;
21%
9%
21%
21%
107
107
107
17
*16%
16%
*38
39%
*39%
39%
*17%
18%
*17%
19
33%
33%
33 Va
23%
23%
23
22%
16%
22%
16%
16%
99%
♦98
6'/a
•9%
5:
'
7
33%
23 %
22%
*98
.
22%
99%
6%-
6%
V
10
*43/a
•
16%
-1%,
15%
•*. 54%
35%
14"
19%
106%
45%
99%
99
99%
98%
-
*24%
25
*4%
*37
101
28%
29
20%
21
22 Va
106%
106
106%
17%
19%
20 Va
106%
106 Va
17%
16%
17%
17%
49%
50
50%
50%
50%
51
11%
11%
11%
11%
11%
11%
.17%
•
17%
17
17%
17 %
15%
*15
15%
15%
15%
6"Vs
'.107
108
25%
:
25 Va
25%
38%
37 Va
*100
101
LOW
107";
25%
25%
38%
101
per
12 Va
48%
48%
10%
♦12%
38
38
13%
13%
14%
1,500.
25%
25%
25%
25
25'A
25
25%
38
38%
38%
38%
101
•
♦99
101
8%
*38
13%
13%
48%
8%
10%
34%
34
101% 102%
113%
113%
106%
106%
102.
102
114
7y
22%
22%
135% 135 Va
105% 105%
33%
33%
22 %
22%
21%
EXCHANGE
:
19%
*105%
30
*1047/a
: «2M»
45%
7%
•84%
17%
7%
86
53%
18
21%
9 per share
15%
20 Va
i
1
107/a
35%
357/a
101% 102
113% 113%
*104
102%
*113% 114
106%
♦104
106%
101%
*100%
101 %
23%
23 V«
*34
34%
23%
106
23%
138% 140
♦105%
V
106
34%.'
*34
23%
21%
105%
21%
30
30%
*29%
-5
'
.
30%
30
*29
5
5
♦62%
63
30%
30Vai
5Va
*62%
-3
63
3Va
46%
46%
47
-
47%
8%
*7%
.85%
85%
18%
38%
,54%
21%
36%
84%
8%
84%
*7%
84%
18
84%
19 %
18%
19
37%
37%
28
-53%
52%
53%
7
;7':
21%
15%
106%
'I:17%
20
"
104%
106
17
*17Va
100
99%
♦183%
188
16%
17
77
77
*184
16%
♦77
.
3
,18
*37%
53%
.21%
. 7,'16
,
106%,
*106% 107
17%
17% ; 17%
20% r'7' 20%
20%
104% 7;
104% 104%
18
7/7*17% 18
99%
100
101
187
77 *184
187 '
17%
18
' 18%
80
*77
81
38
54%
21%
16
.
24
21% Feb
4
51% Feb
13
15% Jan
22% Jan
19% Feb
''■
7% Feb
112 % Feb
26
Sep
3
63
7
20
16
38% Jan
8
6
Jan
6
48
104
10
Jun 27
Feb
51% Feb
15% Mar
11
18
5
Range for Previous
Year 1946
37%
53
21%
16%
*106%
A
17%
20%
*104%
22
16%
16%
:
;
22 Va
;
•
1,500
11,300
1,700
>
16%
30,200
170
4,300
20%
21 Va
7,300
104%
*104 Va
104 Va
187
18%
*106%
*17%
'102
*184
18%
107
18
102%
187
united Corp common
1
2% May 19
$3 preference—45V4 Sep 15
United Dyewood Corp
1
6V4May28
Preferred
—
—100
78V2 May 22 •
United Electric Coal Cos
5 ./• 11% May 20
United Engineering & Foundry—„5
' 33
May 17
United Fruit Co_>—:
No par
- 44% Jan 14
120
20%
17%
Highest
9 per share
15% July 23
68% Feb 7
15% Jan 25
357/s Oct 3
110% July 11
,115
Mar 31
106% Oct 30
104
Jun 6
'
$per share
V
30
200
•
3,500
Improvement-Co—I3V2
20Va Sep 23
United Merch & Mfrs Inc com—1 >/ 12% May 17 :
5% preferred
100
104% Jun 17
United Paperboard—
^10
12
Jan 16
U S & Foreign Securities—No par
15% May 19
$4.50 preferred
No par
102
May 28
U S Freight CO——
NO par p- 12% May 19
U 8 Gypsum Co common
—20
86
May 19
7% preferred
*a00 7; 187
July 16
U S Hoffman Machine Corp
..5
14% Sep 11
4%%
preferred—
—100
77
Aug 26
United Gas
—
{
18%
;
2,300
10
lowest
9 per
share
24% Juiy 28
July 28
147
Feb 26
38% Feb 10
24 Oct 1
110
Sep 5
111
,
28% Apr
120% Apr
2
1
22% July 25
;
32% July 25
32
Feb 8
8*4 Feb
83
*
9,00-:« •"
f
101%
18%
f'
8
17%
17%
Lowest
;
200
17%
100%
*184
22
;
47 Va
17%
107
Range Since January 1
Par
30,600
1,30ft
85 "/
18%
8
108 Va Feb
1
21%
2%
54%
7". 17%
3
,
106
20%
105
21%
30%
30
102
101%
105%
4%
5%
*62% .63
3
1
22% Oct
Udylite Corp <The)-**.1
12% July 2
1,600
Underwood Corp—.....7
No par
43% May 19
1,500;'
Union Asbestos & Rubber Co__M-—5
9Va May 17
9,800.
Union Bag & Paper——_—No par
25VaMayl9
6,400
Union Carbide & Carbon..—No par
89V<Jan 15
50/
Un El Co of Mo pfd $4.50 ser—No par
xll2'/4Jan29
80
Preferred $3.70 series
No par
104% May 14
330.
Preferred $3.50 series—A—No par
99V8Feb 14 :
7,9007 Union Oil of California-—-—-25
20 Apr 14
i
3,000
Union Pacific RR Co common—100
120 Apr 15
500
4% non-cunv preferred
.,-.100
105 Jan 3
500
Union Tank Car_-i—
No par
30
May 21
17,300
United Aircraft Corp common——5
167/8 May 19
700
5% convertible preferred
.100
103Va Jan 15
12,100
United Air Lines Inc common—,10
18% Sep 4
7
700
4%% cumulative preferred—100 ? 101% Sep
2
3,000'
United Biscuit/CoU—.—No par <
18% Sep " 9
3,100
-United Carbon CoNo par
28Va Jun 10
100,
Unlted-Carr Fastener Corp—No par
26% Jan 15
6,500
United Cig-Whelan Stores com—30c
4% May 16
A
20
$3.50 convertible preferred-.—._100 7 - 55% Juq, 10
600
50%
10%
35%
34%
105%
.30%
*29%
50%
♦10% " 10%
105% 1058/a
21%
30
Mar 10
7% Feb
89% Feu
1
"
12%
46 Va
*7%
99%
49
•
2%
*104%
17
For footnotes see page 23.
49
12%
12%
138%
34%
23
24
107
107%
20% 20%
105% 105%
59% Jan
106
9% May 19
EXCHANGE
Shares
-
46 Va
8
54
107%
17%
20
10% Feb U
36 V2 Aug 28
NEW YORK STOCK
.
2%
37 Va
15%
12%
23%
138%
34%
4S
22% July 25
/ 5% May 19
101 Jun 2
15% May 19
Sep
15
14% Feb
:
4
Sep 15
May 13
25
13
60% Feb
34% Aug 21
100
Sep 24
7V2 May 13
_——1
the Week
Oct. 3
I per share
46 Va
55
21%
4%
63
•&Va
38%
106%
17%
30
4%
•
•37%
*
30%
30
.
2%,
■
7
105%
30
45%
4%
'
;
13
13% Feb
' 38 , May 19
98
May 21
3% May 17
20' May 19
•* 18
May 19
102% Jan * 2
15% May 19
40% May 13
10% May 17
13 Va May 17
14
13
17% Feb
STOCKS
23%
23%
137
138%
;
,7720 " 21% ;
30%
29%
4%
62 Va
*28%
*104
106%
*101% 102%
108%
'34%
34%
22% 23%
•107
107%
20%
20%
105%
20
136
.
107% 107%
19%
20%
105%
23%
137%
Twin Coach Co—.
Sales for
Friday
Oct. 2
12%
12%
48%
49
10%
10%
34%
34%
102
102%
*113% 114
48%
10%
:
34%
•104% 106%
101% 102
STOCK
18
18
21% Feb
6% Aug 21
15,400
100%
8%
Thursday
Oct. 1
# per share
12%
101% 101%
♦113%
18
59% Feb
16% Jan
1
9
38%
-
25%
'
24
2
1 Sep
58% Feb
29
9% May 19
49Va Sep 26
10
17
July 24
38% Oct
Sep 8
49 V2 Oct 29
12
May 19
_»25
60
v
$6 preferred^2;^^;—;_ii;__N6 par
1,700Truax-Traer Corp
——No par
20th Century Fox Film com__No par
1,400
$1.50: preferred -A..—.,—.No par
300 i
$4.50 prior preferred
No par
1,300
Twin City Rap Transit com—No par
1807
5% conv prior preferred..—*.50
107
106
108
'
JY*
39
Tri-Continental Corp Common
J.0,200
6%'
6%
6%
*106%
Wednesday
$ per share
share
6%
\
.
SALE PRICES
HIGH
Sept. 30
Sept. 29
xl2%
AND
Tuesday
'j Monday
'
17%
15%
6%
17
13%
10 Va
.....
.
1,600
4%
4%
4%
"29
20 Va
9
<
•
27%
*38
Sept. 27
4%
4%
27
106%
15%
6%
; 25
(J R)
Thompson Products com-„._No par
310
4% preferred.
l__
—lOQ
1,700M; Thompson-Starrett Co com—No par
700 '
$3.50 cum preferred—«—.NO par
36,300
Tide Water Associated Oil jcom—lo
260 #
$3.75 preferred —r..——No par
5,800
Tlmken Detroit Axle
_5
3,600
Timken Roller Bearing —No par
3,400
tTransamerica Corp.—
c2
2,500
Transcont'l & Western Air Inc
5
.200
Transue & Williams Steel
No par
99
11%
6%
V
——.No par
Thermoid Co common—
—1
$2Va div conv preferred.,
.A5Q
Third Avenue Transit Corp..No par
Thomas Steel Co (The).——.1
Thompson
45%
17%
16%
•106
44%
17 Va
48%
11%
V
.
44%
*26%
♦14%
-
11
44%
99
4%
48 y8
1,500
2,200
44
27
20"
106%
16%
*10%
11
i
8%
21%
2% Sep
17% July 28
58
Jan 13
41
13
tt
0
15
68% July 28
'
15% Jan 16
,
100% The Fair.
1,700
80/
20 Va Aug
.
99.
*4
♦25%
21%
21
-
.-1
-100
900" j;,\ Thatcher Glass Mfg Co common
5
$2.40 conv preferred.....
No par
50
8%
21
Co—.
290
11
8
Texas & Pacific Ry
400"
15
♦49%
7%
*10Va
•:
4,000-f: Texas Pacific Land Trust.—
50%
10%
43%
98
9 per share
*14%
*13%
11
.
43
Saturday
49 %
14%
20%
•10%
7
...
38%
27%
50
50; V
7%
20%
.
.
'
10%
*49%
*7%
.
38 Va
27%
*47 %
14
10%
55 %
'
'
50
14;
•13%
15 Va'
54%
27%
45%
45%
2%
15'%
36 Va
49%
56%
1,300
14
Feb
7% Jan
10
May 16
3% May 16
13% May 20
53% Sep 26.
1% Sep 26
10% Jan 13
46% May 27
21%. Jan 13
200
r2Va
54%
„
27 Va
Talcott Inc (James)—.
*
—9
Telautograph Corp——
.5
Tennessee Corpi
'
5
148,300 " T^xas Co (The)-,-.,——
—...25
525,700
Rights
i———
—
v
3,200vTexas Gulf Producing*——.——!
3,400 . Texas Gulf Sulphur.—_—_No par
9,200 *• Texas Pacific Coal & Oil*—10
1,800
V
17% 4
55%
17
54%
1%
15 Va
53%
v
5
17 Va
•
8
Jan 10
4y«Jan31
53% Mar 27
10% Feb .10
95
Jan 2
19% Oct, 2
43 V2 Jan . 2
59% July 25
24»A Jan 6
' 19 V4 Feb 17
110% Apr 12
19% Feb 21
21 Va Feb 13
106
Jan 28
7 19 Va Aug 29
.107% Feb 11
196% Mar 29
33% Jan 6
94
F*b 15
,
3% Oct
Oct
44
8%
Deo
71% Mar
12% Nov
34 %
Deo
41%
12%
Oct
Oct
Oct
104%
Oct
18%
9%
15%
Sep
Oct
101
NOV
13
Nov
93
Sep
26
Deo
Feb
90
Sep
187%
/Highest
$ per share
Volume 166
Number 4635
THE
COMMERCIAL
NEW
LOW
Saturday
Sept. 27
Monday
$ per share
$ per share
.42%
HIGH
Tuesday
Sept. 30
Sept. 20
$ per share
AND
7%
7%
*33%
34%
H
18%
18%
18%
9%
*0%
42%
8%
41%
42
101%
44%
146% 140%
46% -47
*74
74%
44%
147
■*:
70
70%
143 :
19%
46
7
J-.
18%
97%
17%
100
99
*192%
18%
7%
142
-142%
7%
10%
10%
?'10%
*103
106
7%
44
18%
7%
99%
*99%
183
*182
.
7%
100
183
18%
18%
18%
18%
69
16%
'141% 142 y4
106
*17*
7%
183
18%
74%
73%
19%
*42 ■
*7
7%
47%
'
•71%
45
6%
,
47
71%
*19%
18%
18%
146%, 146%
71
*43
44
*40
46%
*72
7%
10%
30%
101%
74%
45
*103
43
45%
•
46 %
20
7%
.
10%
146%
46%
2,700
54
*100%
-
*72
142%
19%
*43
106
1
•
,
45..
*17%
183
-7%
10%
72%
142
45%
♦103
♦40
7
143
7%
•
10%
106
6%
71%
45%
*145
73
6,000
42%
101%
47%
73
I
30
45 V*
145
47%.
19%- 20
*43%
7%
7%
9%
145
1,300
20%
•53
30
101%
'
I
%,-..*9%%-: 9%:
53%
29%
45%
'
42%
*53
101%
45
-
7%
35%
20%
9%
42%
•
101%
,
71%
•
143
20
*43%
•
42
29%
3,200
7%
-
20 %
*9%
53%
29%
44%
74%
*103
9%
35
,
Shares
42%
35%
7%
20
*53
101
70
70%
70%
17%
*15%
32%
14'/a
Vanadium: Corp of America—No par
Van Normaij, CoJ—————^
?.50
15%
32%
14 Va
29%
86
*45
45%
*98
5%
101
8
92%
15%
118
104
115
$5
*35%
36%
*33%
Va
337/a
♦32%
♦31
7%
70%
*68
70%
16%
*16
33%
*33
70
16%
33%
33%
105
20%
*103%
21%
9%
14
24%
38
101%
*16
*103%
22%
22%
22%
21%
10%
10
11%
11%
96"%
96
96
*95
=
96%
14
.
*95
14%
13%
25
39%
102%
102%
14 %
39%
101 Va
23
22%
21%
*24
23
*21%,
21%
22%
20
20
20%
20%
22%
20%
32%
32%
33
: 6%
*6%
.6%
6%
6%
44'/2
44%
45%
46
88
87
23%
87
237/a
86%
24%
U1
116%
117
116%
116%
*116
111%
*109%
113%
41%
*110
*110
112%
113%
111%
*110
LOW
Monday
'Sept.HI
$ per share
•
8 per share
41%
111%
AND
HIGH
Tuesday.
Sept. 30
Sept. 29
$
per
share
8
7%
7%
7%
44%
44%
44%
6%
6%
19%
19%
45%
6%
19%
6'/a
19
28%
113
s
41%
22 %
•
*4V
*109
SALE
24%
87
41%
111
109
$ per share
67
Apr 16
13% Apr 21
297/a Apr 30
103% Mar 17
*17% May 14
7% May 19
11
May 21
94% Sep
13% Sep
111
9
»21
May 14
,V5l
Jan
99
Sep
13
20
Sep 30
30 % May 23
.—5
6
May 17
37% Jan
83% May 22
21% May 19
Indies
_1
A^iNo par;
100
preferred——r.
——100
pfd_
16
110% Jan
75% Feb
18
Friday
109
Jun
64
July 17
Apr
111
Mar
24% Jan
7
13% Feb
3
19% Feb
13
106% Mar
3
$ per share
27
Jan 22
23% Feb
18
41
8%
8%
8%
8%
47%
Jan
16%
Apr
43 %
July
48
Apr
2
90
Feb
4
34% Jan
a
46%
47%
47%
47 %
6%
6%
6%
6%
109% Aug
32
May 19
8
45
Feb
Jan
19%
19%
19,%
27
Range for Previous
Year 1946
Lowest
$ per share
7% Deo
57
1,100
29%
28%
29%
29 V*
31%
31%
32
77%
24%
77%
77%
78
78
78
700
25%
34%
34%
24%
34%
25%
25
25%
34%
35%
8,500
34%
35%
34%
35%
2,800
27%
28%
27%
28%
28
28%
99
99%
99%
99%
99%
102%;
102%
102%
102%
36%
36%
Jan
90% May
13% Jan
Sep
32%
Jan
Sep
Oct
56%
101
Apr
Jun
18% Oct
26 Va Oct
53%
Jan
41%
Jun
21%
Nov
39%
Jan
91
Deo
95
Deo
600
37%
35
27
180
102
14
Highest
f per share
71
31,500
99%
Jan
5% Sep
2,200
*75%
.24%
300
102%
*101%
101
102%
36%
36%
36%
36%
30%
32%
32%
32%
33%
94%
102%
Feb
117% Aug
119% May
53 % Jun
116 % Apr
24
113
Aug
122%
14
1,800
19%
28%
*35
119
116% Aug 19
3,600
6%
20
24 Va
26%
89% Aug
45
Apr
117% Mar 11
14
30
Sep
4
7
121% Jan
6
Feb
29%
Feb
3,400'
77%
*99
34%
12% Jan
112% Jan
May
Deo
35 % Mar
8
26% Feb
105
112% Sep
Jan
39
17
Shares
29
27
60
17
113% May 14
100
Feb
23% Aug
/
77
26%
107 %
18% Feb
7
Jan 31
Sep
Oct
Jun
18% July
7
the Week
24%
100% 101
29%
20%
28
'41
Feb
23%
11
36% Feb
Sales for
Oct. 3
77
35 Va
28
Apr
M
17% Jan 25
106% Sep
22% Apr 28
17% May 20
West Va Pulp 6c Paper, corn—No par
4% % preferred———————100
41%
23
No par
preferred
Jan
52
No par
com
West Penn Power 4%%
23%
:
conv
6%
113
$ per share
8%
46
6%
20
par
_1
Sugar Corp
West Penn Electric class
7% preferred
Thursday
Oct, %
Oct. 1
8%
45%
Light Co—No
__5
West
45%
PRICES
Wednesday
.
5
1—5
$4
24%
116%
109%; 111
41%
Gas
Wesson Oil & Snowdr
113
113
Pictures.
Webster Tobacco Ine———
46%
111
Bros
Waukesha Motor Co_,
7
113
1
common
Wayne Knitting Mills—
Wayne Pump Co_:
33%
116
U6 *
111%
*86%
241/4
112%
113
111%
87
24%
113
x41%
46%.
112%
113
♦112%
6%
Baking Co
Washington
21
33%
46%
'
87%
20%
♦20%
No par
Warren Foundry & Pipe
No par
Warren Petroleum- Corp com—;
5
3 % % cum. conv prefer rede— .100
103'-
22%
_No par
5 %*%~~preferred——,.100
Warner
39%
102%
32
6%
"!•
25
39%
103
21%
:
Vvara
-100
—
Walworth Co
14%
*24
23
23
;■
13%
25%
39%
No par
No par
preferred
Walker (Hiram) G & W
10%
11%
44%
23%
July
20
preferred-—100
4%
22%
10
32%
•111
Apr
63
20
common
preferred
Waldorf System
Walgreen Co common
106
11%
39
20%
103%
10%
25
*32
Saturday
106
Detinning Co
cumulative
Apr
105
25
common
Wabash RR 4%%
16>
33%
11%
24%
21%
16
33%
11%
38'/a
102%
22%
-.70
16%
33%
33%
10
96%
13%
106
21%
9%
11%
•95
99% July
123%
pfd—100
-
Vulcan
16%
*11%
May
preferred
25
Visking Corp- (The! class A———5
32%
105
Feb
53
May
108% Aug
12% Jan
100
6%
33%
•68
115
common—0
& Coke 5%
Virginian I?y Co
32%
*32
10o
preferred
preferred
Iron Coal
Apr
113
6% div partio preferred
100
Virginia Elec & Pwr Co com—No par
15%
117%
Jun
com__100
3 % % cumulative preferred—100
Va-Carolina Chemical com—No par
8%
*92
non-cum
Victor Chemical Works
Apr
26%
51 Va
__2.50
Vicks Shreve & Pacific Ry
n
Feb
Apr
58%
Vertientes-Camaguey Sugar Co—6%
Vick Chemical Co
87%
*84%
39
25%
Van Raalto Co Inc.—-10'
29%
*83
RECORD
the Week
42
42
7%'
8
20
29%
46%
143
•
CHRONICLE
Sales for
Oct. 3
$ per share
share
42
19%
*9%
417/a
74
69%
43%
35
53%
■
$ per
35%
.29
46%
EXCHANGE
'
STOCK
Friday
Oct. 3
t
34%
*53
.
101
44%
*145
41%
'
YORK
Thursday
>
7%
,
29%
28%
STOCK
">
TVs
54
*53
101
7%'
41%
Oct. 1
S per share
34%
19%
*9%
CLOSED
11
•
FINANCIAL
PRICES
Wednesday
,
43 %
43
43
SALE
&
94%
94%
95
V
*102
*'36%
STOCK
107%
EXCHANGE
Jan
72
Jan
106
CLOSED
Jan
62% May
107 % July
44
May
44
Jan
23% July
105
July
36
May
12%
Yale
&
Towne Mfg Co___
Corp common———
York
4% %
cum
33% Aug 28
10 Va May 19
preferred
41
May 19
Young Spring & Wire
Youngstown Sheet & Tube.
Youngstown Steel Door
;
"
:
Btd
and
asked
p
iu
b/B
prices:
no
6
salt*
on
22„
6 %
this
day,
21!?
6%
tin
22
6%
receivership,
21%
>
6%
a
21%'
6%
Deferred
22
**
:►
.
*6%
dellvehr,
V
22%
6%
.
.
2,800
^1,600
atock.
r Cash
14% Mayl9
53% May 17
15
Zenith Radio
Zonite
sale
'
Corp
Corp—
—Nopar
Products
s
Special
sales.
wd When
1
May 17
14% May
5% Jun
distributed,
19'
5
25:
July T : %19
10% Jan 31
x-Ex-dividends
9
y-E*-rtghts.
Jan
26%
Jan
24
(1372)
THE
COMMERCIAL
Transactions at the New York Stock
&
FINANCIAL
CHRONICLE
Transactions at the New York Curb
Exchange
Daily, Weekly and Yearly
Stocks,
Week Ended Oct. 3,1947
Int'l
Railroad
Number of
and Miscel.
Shares
Bonds
United States
Saturday
Closed
737.990
Monday
Tuesday
Wednesday
Friday
Bonds
Sales
$420,000
$15,000
264,300
78,000
4,054,000
435,000/
.
$3,773,000
76,000
4,565,000
833,540
3,074,000
536,000
83,000
1,265,830
«
4,911,000
,458,500
42,000
.24,000
$294,000
$44,500
Shares)
Domestic
204,485
242,045
Closed
Total
•
$1,000
392,000
$302,000
$86,000
478.000
$21,365,300
3,693,000
277,433
325,000
22,000
347.000
232,360
350,000
46,000
396.000
4,968,990
$18,913,000;,
Jan. 1 to Oct. 3
weeieEnaea Oct. 3,1947
1940
1947
Stocks—No. of shares.
4,969,990
••
333,000
$1,701,000
1947
•
Stocks—No.
of
shares
$44,500
•
<
18,913,000
...
56.495,420
63,298 200
681,758,700
964,367,900
:
$21,365,300
i
•
-
1946
113,960.225
$63,578,000
$54,725,000
4,923,000
$1,165,000.
154,000
•
..
-
9.487.000
148,000'.
•
1,000
——.
:
■..!.*
Total—1_.—-----—-
$759,549,120 $1,045,855,100
$22,314,000
$1,701,000
Foreign government
to Oct. 3
54,009,094
'
..
Foreign corporate—v-~•
1
Total
'«
■
Domestic.™!
1.301", 000
20,969,000
2,113,800
Railroad ft Industrial
$1,856,000
1947
1,420,530
,
.18.418,000
294,000
Foreign
Bonds
$18,189,000
$2,877,000
$44,000
Jan. l
.'1946
1,205,878
h
0 B Government.
$1,000*
Week Ended Oct. 3,1947
283,355,066
Bonds
International Bank
333,000
$154,000
!
1940
1947
184,287,251
4,740,681
249,575
1,205,878
Total
Value)
Foreign
Corporate
$301,000
Government
—
Tuesday
Wednesday
Thursday
Friday
5,435,500
$2,113,800
3,1947
Saturday
Monday..
;3,898,800
$20,500
Bonds (Par
Foreign
Week Ended Oct.
3,536,000
1,154.810
Stocks
(Number
-
$3,338,000
956,820
Thursday
Bond
Bonds
Bonds
Exchange
Daily, Weekly and Yearly
Total
Government
vBank
Foreign
Monday, October 6, 1947
;
18,000
402,000
.$68,962,000
$64,614,000
:
i—
,—
,$1,856,000
461,000
$1,331,000
Stock and Bond Averages
the daily closing averages of representative stocks and bonds
the New York Stock Exchange as compiled by Dow, Jones & Co,.
• •;'
Below
:
listed
on
are
-Stocks-
Bonds—
10
?
-j
V"
30
•,
IndusDate—
Sept.
'10
'
'
1
'
/
;
trials
26;—
Total
20
Rail-
08
roads
'
10
First
Stocks
trials
1:
Second
10
Grade
Indus¬
J Grade
utili¬
Ralls
ties
Rails
Closed-
%
Closed
Sept.
28-:i.--W--
175.85
47.72
35.20
63.04
102.67
106.14
89.59
105.22
100.90
Sept.
29_-——;.—
177.49
48.43
35.26
63.63
102.61
105.91
89.57
105.30
100.85
Sept.
30
178.10
48.59
35.36
63.84
102.46
1Q5.73
89.35
105.18
1_^_—_
178.47
48.51
35.45
63.93
102.43
105.64
89.40
105.23
100.68
2-L
179.53
49.11
35.50
64.35
102.37
105.80
89.60
104.90
100.67
Oct.
A:
Oct.
-
Bond Record
New York Stock
«»
FRIDAY
NOTICE—Prices
are
week,
the
outside
and when
The
italic
"and
letters
WEEKLY
-
the
column
headed
"Interest
Period"
indicate
each
in
case
the
month
9
•»-
LOW
Monday
Sept. 27
Sept. 29
Low
\ :
Low
High
'100.5
*104.27
AND
HIGH
Tuesday
Sept. 30
*100.4
iligli
Low
^
*100.4
f
104.29
YEARLY
-
when
Figures after decimal point represent
Saturday
104.25
SALE
.
•
-2,
itfk h
Oct. 1
Low
High
1 00.5
100.4
the
one
or
bonds
more
Thursday
'!/ Oct. 2
of
32d
point.
a
1'
f
4
,
High
v
Low.
High
r
*
Sales f*r
High
Low
100.5
*100.4
100.5
*100.4
104.28
*104.25
104.27
*104.25
104.27
107.22
*107.20
107.22
*107.20
107.22
*107.20
107.22
107.20
♦111.21
111.23
*111.22
111.24
*111.23
111.25
111.25
111.25
100.30
*100.28
100.30
*100.28
100.30
*100.27
100.29
*100.27
100.29
GOVERNMENT BONDS
Bonds ($)
2,000
,
YORK
Treasury
T
J «.
STOCK
EXCHANGE
tITreasury
V
107.20
111.22
*100.28
f
NEW
100.5
*104.26
*111.20
V
,
Lowest
-
4
104.25 Sep
30
102.22 Jan
106.6
Feb
,,,
Treasury
3s
1951-1955
107.20 Oct
3
4
110.3
llTl8
Feb
Treasury
27/8s
1955-1960
111.23 Sep
22
112.6
Feb
3
112.21
Aug
115.26
Jan
Treasury
2%s
1948-1951
101.8
July 24
102.6
Feb
4
102.11
Dec
102.12
Deo
106.13
July 24
106.13 July 24
107.5
106.12
*106.10
106.12
*106.10
106.12
*106.9
106.11
*106.9
106.11
Treasury
23/«s
3951-1954
112.11
*112.9
112.11
*112.10
112.12
*112.11
112.13
*112.11
112.13
Treasury
23/4S
113.11
*113.9
113.11
*113.10
113.12
*113.11
133.13
*113.11
*114.23
108.21 Feb
1956-1959
113.13
Treasury
2%s
114.25
*114.23
114.25
*114.25
114.27
*114.26
114.28
*114.26
114.28
*101.20
Treasury
101.22
*101.20
101.22
*101.20
101.22
*101.19
101.21
*101.19
101.21
Treasury
23As
2'As
*103.14
103.16
^miS
103.15
*103.13
103.15
2'As
*104.16
*104.26
104.18
*104.15
■
104.28
EXCHANGE
*106.29
106.31
CLOSED
*104.24
104.26
*104.6
*103.26
"v.
104.17
*103.13
103.15
*104.15
*104.27 104.29
* 106.30
107
:
*104.27
113.3
118.15 Mar
118.23
Feb
104.12
Feb~21
104.12
Feb~21
106
Apr
106.16 May
106
Apr
105.29
Aug
107.5
Jan
Jun
108.4
Jun
*104.15
104.17
2'As
*104.27
104.29
Treasury
2'As
1952-1954
*106.30
107
*107
*107
107.2
Treasury
2'As
195G-1958
*104.25. 104.27
*104.26
104.28
*104.27
104.29
*104.26
104.28
Treasury
2'As
f—1962-1967
104.8
*104.8
104.10
*104.8
104.10
*104.9
104.11
*104.9
104.11
Treasury
2'As
1963-1968
103.28
*103.27
103.29
*103.28
103.30
*103.29
103.31
*103.29
103.31
Treasury 2'As
June 1964-1969
*103.25,103.27
*103.26
103.28
*103.27
103.29
*103.28
103.30
Treasury
2'As
*103.23
103.25
*103.24
103.26
*103.25
103.27
*103.27
103.29
*103.27
103.29
Treasury
2'As
Dec. 1964-1969
1965-1970
104.2
Jan
30
104.10 May
*103.22
103.24
*103.23
103.25
*103.24
103.26
*103.26
103.28
*103.26
103.28
Treasury
2'As
1966-1971
104.7
Jan
29
104.15 Apr
*102.25
102.27
*102.27
102.29
*102.28
102.30
103.20 Apr
106.2
*106.5
106.7
—June 1967-1972
Sept. 1967-1972
102.21 July 30
*106
105.17 Jun
2
105.17 Jun
*102.27
102.29
*102.23
102.30
102.20 July 30
103.19 Apr
*102.23
102.25
*105.25
105.27
*105.27 105.29
:t
*103.23
103.30
*102.27
;
102.29
Treasury 2yas
>106.5
106.7
Treasury 2'As
*102.23
102.25
105.3
*105.1
105.3
*105.1
105.3
$105
*103.27
103.29
*103.27
103.29
*103.27
103.29
*103.27
103.29
*103.27
103.29
Treasury
2'As
*107.14
107.16
*107.14
107.16
*107.14
107.16
*107.14
107.16
*107.15'107.17
Treasury
2'As
*105.8
105.10
*105.9
105.11
Treasury
2'As
al02.6
102.6
*102.8 M02.10
*105.6
■J
102.25
105.8
102.25
.
105.2
108.4
104.24
July 14
104.24
105.22
July 14
May
107.15 Jan
107.27 Apr
104.14 Sep
2
104.23 Feb
14
104.7
,Nov
107.4
104.4
2
104.18 Apr
30
103
Jan
107.9
13
102.22
Jan
9
102.11
Jan
107.19 Apr
107.9
Apr
12
102.11
Jan
107.10 Apr
9
101.16
Jan
106.15
Apr
2
106.28
Apr
109.15
Feb
10
101.15
Jan
100.16 Apr
106.15
Aug
106.15 Aug
108.17 Aug
104.22 Sep
16~8~17 Aug
Jan
Apr.
Apr
.5
*105.1
•
Nor
May 14
104.17
t
113.3
Not
114,8
104.29
.
Feb
Apr
May 14
1949-1953
1950-1952
V
109.22
115.23
114.8
Treasury
Treasury
: 107.2
Deo
113.12 Aug
1958-1963
*104.15
104.17
104.29
Jun
1960-1965
1948
_
*104.27
..
Highest
104.27 May
21
1,000
.
*113.9
,;
*102.27
*105
V
102.29
Treasury
,7,000
105.2
Treasury
Dec. 1967-1972
1951-1953
1952-1955
1954-1950
1956-1959
2'As
2'As
*105.10
105.12
*105.10
105.12
*102.10
102.12
•102.12
102.12
102.10
*102.10
102.12
T-102.9
102.9
Treasury
2'As
100.9
*100.7 t100.9
*100.7
100.9
Treasury
2s
100.17
*100.14
100.16
*100.14
100.16
Treasury
2s
*101.14
101.16
*101.14
101.16
*101.14
101.16
Treasury
2s
*101.14
101.16
*101.14
101.16
*101.13
101.15
-
Treasury 2s
103.29 Jan
105.17 Feb
0
7
104.4
Jan
105.18 Sep
8
107.14 Apr
■
•
*102.5
102.7
*102.5
102.7
*102.7
102.9
102.8
..*100.6
100.8
♦100.6
100.8
*100.7
*100.15
100.17
*100.15
*101.14
101.16
♦101.14
101.16
*101.20
101.22
*100.15
100.17
*101.14
101.16
*101.14
101.16
*101.19
June 1959-1962
Dec. 1959-1962
1947
March 1948-1950
Dec. 1948-1950
Treasury 2'As _L
15,500
,1,000
*101.19
101.21
1
*101.19
101.21
*101.19
101.21
-
;
101.25
♦101.23
101.25
*101.23
101,25
*101.23
101.25
Treasury
2s
*101.28
101.30
*101.28
101.39
*101.28
101.30
*101.28
101.30
Treasury
June
Sept.
Dec.
March
Treasury 2s
*101.23
101.25
101.30
*102.5
!
-
101.21
•1C1.23
*101.28
2s
102.7
*102.5
102.7
*102.16
102.18
$102.16
102.18
*102.22
102.24
*102.22
102.24
*105.5
102.7
*102.5
102.7
*102.4
102.6
Treasury 2s
$102.16
102.18
*102.16
102.18
*102.16
102.18
Treasury
2s
*102.23
102 25
"*102.23
102.25
*102.23
102.25
Treasury
2s
♦102.25
102.27
*102.30
103
*105.17
105.19
*100.17
100.19
*1C0.30
*102.26
102.28
*102.26
102.28
*102.26
102.28
*102.26
102.28
Treasury 2s
♦102.30
101
103
2s
Dec. 1952-1954
105.18
*105.16
105.18
*105.17
105.19
*105.17
105.19
Treasury
2s
*100.17
100.19
♦100.17
100.19
*100.17
100.19
*100.16
100.18
*100.31
101.1
♦100.31
101.1
*100.31
101.1
*100.31
101.1
Treasury
Treasury
l3As
l'As
1953-1955
1948
1950
*102.31
103.1
*102.31
103.1
*102.31
103.1
Treasury
International
Bank
Reconstruction
100.8
100.17 100.17
asked
price.
1949-1951
1949-1951
1950-1952
*106.16
-
'
No
100.3
100.4
100.2
100.3
100.5
100.6
100.11
100.16
100.14
100.20
100.17
100.24
sales
transacted
this
day.
a Odd
100.6
lot transaction,
r
100.7
100.28
-
101
102.6
Sep
102.5
Jan
30
102.24 May
8
104.16 Apr
102.12 Apr
102.12 Apr
102
July
102.6
102.4
July 22
24
9
Jan
104.7
102
Apr
102
Deo
10~2~8
Dec
103.9
Jan
103.9
Jan
103.7
Jan
103.22 Feb
Apr
jApr
May 27
9
102.16
Oct
104.3
102.25 Apr
12
102.20
Oct
104.14
Jan
102.30 Apr
24
103.1
Apr
26
103.13 May
103.13
May
102.28 Jun
13
103.2
Jan
24
102.14 Not
104.26 Feb
102.23 Apr
102.23 Apr
Mar
102.28 July 21
103.4
July 21
102.22 Nor
104.29 Feb
100.30 Apr
9
101.2
Jan
29
101.14 May
101.31 Mar
100.30 Jun
23
101.8
Apr
26
101.3
Sep
102.17 Mar
& Development
79,000
10-year
2'As
1957
100.2
Oct
1
25-vear
3s
1972
100.11 Sep
30
on
Jan
101.4..
.
for
flThis issue being redeemed
100.29
14
102.8
6.
215,000
Registered bond transaction.
102.24 May
1949-1951
Sept. 1950-1952
1951-1953
1951-1955'
June 1952-1954
'
and
Lowest
104.14 July
6
18,000
:
V
*106.10
103.16
iM,
Year 1946
Highest
102 13 Feb
1949-1952
3'/as
.
Range for Previous
Range Since January 1
•
1947-1952
4'As
*112.9
•Bid
-f
■•-•V,
r
vArAiFridiy^O^
yw'fr:. Oct. Z:T-the W«*|
104.25
*103.14
of
mature.
'«•
PRICES
Wednesday 'Si
*107.20
STOCK
Exchange
interest"—except for income and defaulted bonds.
Cash and deferred delivery sales are disregarded in the week's
range, unless they are the only transactions
the regular weekly range are shown in a footnote in the week in which
they occur.
No account is taken of such sales in computing the range for the year.
of
in
100.68
Oct. 15 at par.
102.00 July
103.4
15
July 15
Exchange
Stock
York
New
/
-.
Last
km
Sale price
Sold
Low
High
Low
Stock
Exchange
;
.
_
J-D
1960
Corporate Stock
f
External
loan
;
—.
1953
1
••
y
,
'<*/-,
_
'
.
'1
.
'
•
" v.'
•
82 %
82%
2
79
81%
19
16
16
■
'-'ii;
Foreign Securities
116
A-O
102%
100%
104%
111%
104%
116%
107%
112%
,
115%
115%
116
*113
A-O
102 y-i
1
'
*100%
(Rep of) 8s ser A.1951
External
..
113
*113
s
F-A
A-O
1940
83%
100%
89%
91%
81%
102 %
88%
75%
A-O
1940
88
93%
86
J-J
1955
1962
90%
; 88
88
91%
t*;
A-O
1942
gold 5V2s_
gold 4%s_
External
96 %
20U>
»
*104
IADenmark 20-year extl 6s
97%
78 y2
1
102% 102%
-
J-D
.1
High
79
'
ASinking fund 8s series B__2
1952
Stamped assented (Int reduced ■ *
to 6%) extended to
—I960
' *
Low
No.
80
J-J
ACsechoslovakia
:;
Range Since
January 1
Sold
82%
F-A
1977
Sinking fund 5%s
Bonds
-
High
Af-N
M-N
Af-S
1949
4%s
4%s external debt
.
.
Range
Friday's
or
Bid & Asked
J-D
1952
1953
1951
1949
(City) 5s
25-year gold 4%s
ACosta Rica (Rep of) 7s
Cuba (Republic of) 5s of 1914
110%' 114'/a
16
no i1 110%
Sale Price
High
Copenhagen
Tnuult Unification Issue—
Week's
Last
Period
i
Low
New York City
3%
Interest
BONDS
New York
January 1
No.
nmed
AS
'«
'
Range Since
Bonds
Friday's
or
>
Friday
Week's Range
Friday
Interest
Period
25
(1373)
RECORD
ending October »
range for week
>"
1
BOND
YORK
NEW
BONDS
& FINANCIAL CHRONICLE
COMMERCIAL
THE
Number 4635
166
Volume
A-O
91%
89%
•
l
101%
5 A Dominican Rep Customs Aam—
IA 1st series 5%s
Telephone
REctor 2-2300
series..
1969
series
1969
extl
extl
Foreign Govt. & Municipal
fund
sink
AGtd
Akershus
fund
1948
lAAntioquia
1945
f 7s series B__.
s
lAExternal
s
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lAExternal
s
f 7s series D
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s
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J-J
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1948
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(Dept)
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1968
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(King of Norway)
C„>
1945
-1945
1957
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sec
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sec
AAntwerp
Australia
2d
■
——
.
f 7s 3rd
s
(City)
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:r 36
'
mm—
:
I960
v
3%s
1963
\
"
Belgium external
External
lABraill
f
s
f
s
1
6s
J-J
1955
94
19
92%
92%
16
89%
149
1978
90%
90%
62
104
*103
"
Stamped pursuant to Plan A
(Int reduced to 3.375%)
A7e (Central Ry)
47
|.
56
—
.
:
56%
44% '•'50
60
56%
43%
62
'• ^ •'
55
73%
44
63
>>
—
46%
♦58
•
56
70
>:
7
1
45y8
45%
-
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>
r.
7
J%s Serle3 No. 6.1
77.
;
v
65
.
,
*56
—
*
57
•
3%s Series No. 21_.
; >
—
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•
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58 y2
*56
1958
1950
6s
—1961
readj
External
s
14
4%-45/8s_
AExtl
A 6s
sinking fund 6s._
Feb 1961
36
104
16
104%
Feb 1961
20%
21%
—
A6s
J-J
1961
Sep 1961
1961
t
■';
—1m
■
'
■
;
A-O
1
—
19%
A 6s
assented
AExternal
u——
sinking fund 6s__—„1963
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AChlle Mortgage Bank 6VaS—i
A 6
x/as assented
1957
15
21
1961
1
y. A6s
,
assented—^
1962
AChllean Cons Munic 7s
18%
Colombia
.
A6s Of
(Republic
bonds—
1927
see
J-J
——
'
•
1
—
—
■
17%
*8%
11
72
72
M1 $
"
|
33
39%
1
26
6yas______1947
page
29.
.1946
1947
72
,.*68
y.%
43%
A-O
j
M-N
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\
—
41%
42
'
7
-
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9 >
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45
35
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35
35
30
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33
39
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J-D
A
A
2012
Paulo
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,
■
J-D
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27 y8
37
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2012
40
31%
31V*'
42
24%
24%
24%
41
*26
2001
1957
*
28
*24%
1952
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*
31%
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A
A6%s extl secured s f
%
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—
2004
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7 31
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1967
23
23
J-D
1966
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,
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Financial Institutions
SECURITIES
FIRM TRADING
MARKETS
7
.
'
II
27
25%
,
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..42.,>
--'<*36
::
r-ARL MARKS & rp- INC.
FOREIGN SECURITIES
...
72
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-
a
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53
50
.
.
.
--
,
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90
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—
49
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72
>.,42
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26
8
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33
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27
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27
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1
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29
26%
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'
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21
38
;
32
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21
15
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.
33
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v
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21
7%
27%
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26
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— —
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1970
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footnotes
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34
;
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v:
•
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■
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.,
31
28
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6
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M
M-S
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ASinking fund 7s of
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•
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1
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s
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>> 23%
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19%
21%
27%
22
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15
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36
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v
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,
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s
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s
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,
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.
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1957
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-
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1967
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1960
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J-J
,
113% 113%
yj
$
29
99
98%
100% 101 %
J-D
102% 104%
3
102% 102%
113
35
100%
j-d
104%
*103
102%
A-O
receipts
.1965
debs
Delaware & Hudson 4s extended— .1963
108
Celotex Corp 3y»s debs-^
——I960
ACent Branch U P 1st gold 4s.___1948
A-O
J-J
J-D
.A Deposit
•
109%
100
F-a
105% 106%
F-A
41%
109 Va
100%
a-o
.*108%':'^:#
J-J
A
1
108
1965
Ry 1st 5%s__l.1942
jACuba Northern
34':.
M-S
Celanese
Corp 3'As..—.1965
Cigar
debentures—^——1953
'1st & -ref mtge 2%s ser A*——1982
1st & ref mtge 2%s ser B———1077
•1st & ref -mtge -2%s ser C^i.?.i.l972
t ACohsol Ry non-conv deb 4s—•—1954
y
ADebenture 4SL.il——.—._L——1955
'ADebentu're .4s_'__——i-L--—1956
Consumers Power- 1st mtge 27/8S„1975
Continental Baking- 3s debs-L__*.1965
Crucible Steel 1st mtge 3%s_——1966
110% 110%
f-a
Carthage & Adirondack Ry—
-1st mtge gtd 4s——..1981
.
107
20
107
109% 110
,
A-O
gold
Edison Co—
3 %s
A6s
104%
'i
114% 114%
j-j
Guaranteed
:-y
■
106
'.-.'v
114%
J-D
Guaranteed
-r
.,.104
•105
Canadian
Guaranteed
Ohio
4s__1948
-A7%s ser A deposit rctsi—l. 1946
c
M-N
cons gtd 5s A
National Ry—
Guaranteed gold 4%g
Sou
Consolidated
y
S?
103 %
El 3V4S——1970
&
1st extl gold
1st mtge 3s series L„——"—.1977
Conn Ry & L 1st St ref 4%S—"
1951
Conn River Pwr s f 3%s A—,—.1961
96%
'
if-w
63%
106%
*102%
V
Consolidated Edison of New York—
100'/a 101%
100%
53
104% 104%;
A-O
Commonwealth
-••iv
99
99
jst
jf-n
_.
105 V* 105 V* V':,
'.'M.
44%
104%
102%
51%
Af-N
M-S
Columbus & Tol 1st extl 4s_——.1955
104
79%
>
105%
105
129
98%
100%
96%
Terminals'Co—
1st mtge 5 %s series
99%
■?';
80%
103% 104
100% 108%
•102% 104
1st mtge 5s series B
Columbus & H
—
82%
90
1st gtd'4%s_—U961?
103%
—
98%
65%
gtd——ILA——.1950
98%
Stamped
101%
gtd—_____—L—^1948
D 3%s
Short Line
9
27%
29.
101
V60^:*1K';
80%
,
99%
105%
page
1st
99%
35
see
34%
24% " 34%
80
104
Div
—
60
For footnotes
24%
—,
*25%
t
108%
107%
102%
Mich
&
4>/2s (Stamped modified)?.--——1980
Columbia Gas & Elec 3%s debs—.1971
54%
».
*25%
106%
:
104%
105%
1993
103%
49%
debs__
103
105
104% 104 %
105
109 %
100
100%
F-A
3s
85
107%
—..1993
99%
Bklyn Union El 1st gold 5s
1950
Bklyn Union Gas 4s debentures—.*1969
Corp
93%
76 %
'
»'
84
44
.1965
lly—^
4s?
99%
26
deb stk perpetual
88%
104%
103% 103%
;;
1975
2%s.
99%
51 Va
Ry 4%
cons,0Si^l952
99%
80%
Pac
*%!'■ 104%'
*.1952
Series
97
50%
Carolina Clinchfield & .Ohio 4s
,
t
—1962
Series
>
79%
Can
Gulf
series B
5s
Cleveland Union
*91%
90%
51
—1970
.
73
80 %
73
64%
86
80%
Oct
43
25
105%
Clere
A-O
gold
44%
77
#
4s—:_1991
97
79
.y
m-n
v
100'A
??
86
—
W ...y
j-j
A-O
84%
5
82
j-j
,
4s„
Cleveland & Pittsburgh RR—
;•?
A-O
84%
60
68
70%
j-d
1961
Canada Southern
115%
104 7:
94%
impt 4%s- series E..L.—1977
Columbus
Oregon Power 3%s_i.—
98%
St
•101%
California Elec Power 1st 3s_—1975
6
;
36%
35
112'A
;•
O
' ,':-y 2:?
99%
95% .95%
il4%*
L Div 1st coll tr gold 4s_—__ 1990
Cleveland Elec Blum 3s__
1970
,
m-n ; :vr.
5s_.
124
124
112%
124
99
107
3%i series
General gold
General
1955
Bush Term Bldgs 5s gtd
132
19691st mtge 2%s- ser) G.—ii------l974
CityTce Sc Fuel 2%'s debs
J
:.1966
City Invfesting Co 4S debs...———1961 y
89
243
1960
Alnc mtge 4%s ser A
July 1970
tABoston & N Y Air L 1st 4s__.l_1955
Calif
1963
conv
1st. mtge
74
*100%
Bush Terminal 1st 4s_—1962
107 %
126
127
*..
1963
G
Elec
Gas &
1st mtge gtd
73%
m-j
•
103%
.
F___
&
51%
62
•
m-jf
modified
(interest
at
'
3% to May.I 1947) due—.1957
tBurlington Cedar Rap Sc Nor— y
*
tAlst & Coll 5s
..—1934
103%
22
1994
.
Okla
64
1970
.——1976
22
1951
4lAs sefles D_—
82
—1967
Consolidated
& ref
63
J
2%s—
143%
103% 104%
103% 105
1934
2%-4'As
58%
ser
Buffalo Niagara El 1st mtge 2%s__1975
Buffalo Rochester & Pgh
104'/a
135
..I960
-—
mtge
S A Choctaw
101
k'
__
,
51%
~
ioi
17
■
2%-4y4s_-—_——*.—.1994
59%
mtge 5s series AC
1st mtge 4%s series JJ—
1st mtge 4s series RR
1;?
•?:39
1—1952
series A
Chlct^p Union Station—
30% y
103%
&
Incoihe
v.
41
31
■
47%?
'
-__-l970
series II
101
131% 13l%"
107
deposit
111%
101%
76%
46
I
Gen mtge
101
2
45
105%
103%
104%
45
108
102
103%
1.1988
of
107%
28
■?,. 5
■
92
Ser
1st mtge 5s
'
166
1989
104%
Boston & Maine RR—
lit
25
:
4%s__Jah 1 1999 :
104%
19
■
;
102% 102%
:i037/a 103%
.1994
—L
jf-3
..y*.
Bethlehem Steel Corp—
mtge 2%s
Cons mtge 2%s
102%
103%
Memphis Div 1st gold 4s*.^v-y-19.51
Chic Terre Haute & S'eastern Ry—
j-d
J-J
Bell Telephone of Pa 5s series C-i-1960
Beneficial Indus Loan 2%s debs
1961
Cons
A-O
f-a
Chicago St L & New Orleans 5s—-1951
'
May
m-n
1951
:
•
Cincinnati Union Terminal—
90%
..1951
*
Iv 19
!-
Jan 1 2044
AConv gold 4 %S—
'' ;-'5'
Cine
A-b
-
1959
stamped—
y,
»,
V
RR—
107
36
1980
A
4s
21 Va
.;?!■■
28
——
1988
119%
13
101 Va 101%
Bangor & Aroostook RR—
ref
36%
24%
%
•
A__Jan 1 2019
B
Gold 3%s_
54 yf
16 '
■
J-J
',' '>4'*
4s
A
111
41
104 v* 105 %
J-D
,
Toledo Cinn div ref 4s A
Con
40
24
7..j
■;?!•
1982
....
ser
Clevfe Cin Chic & St Louis
due Dec 11995
due Mar 1 200o
due Mar 1 1996
—
Series
4s
24%
26
•J
112% 112%
gold 4s
lASecured 4'/2s
132
118
Ref & gen mtge 5% (2% fixed
and 3% contingent interest)
Ref
58
-1-
—1985
u
ACertificates
Stamped
Series
33
28
1985
B
ser
AGeneral 4s
.'
K
31
33,
J-J
112% 112%
103%
9
in
July 1 1948
Series
86
41
IfAChilds Co deb 5s part paid
1943
lADebentures 5s part paid—1—1957
4s
Series
65
25%
partial redemption.
...
1927
tChicago Rock Isld & Pacific Ry—
Baltimore & Ohio RR~
.
17
14
—Jain 12038
inc
conv
mtge 3s
1st
mtge
66%
32 Va '
y
25%
■
J-J
&
Chic & West'n Indiana
1st
65
I970
A
ser
conv
97%
122%
103% 103%
M-3
1
27
109 Va
32%
5s———1997
4%s
mtge 4y2s Inc
1st
95 Va
95
2
124%
in
in
66%
20
108
'
1977
B..—1
conv
inc .mtge
MilW
2nd
,
Atlantic Coast 1st
cons 4s
July 1952
General unified 4%s A
-:___.._1964
Atlantic & Danville Ry 1st 4s
1948
Second mortgage -4s__l——1948
Atlantic Refining 2%s debs..
1966
122 '/&
M-N
■"
?y;%,iv.y
tJAChicago Railways 1st 5s stpd
103%
84%
12 .;s.
97%
116
M-N
17%;-
42%
'
85
96y2
Nov
1 1995
Ry—
1963
Line
18'
32%
—.1989
mtge 3%s ser B__^
5 A Refunding
July
Charlotte
mortgage 3%s
17%
::
Chicago & North Western Ry—
106%
;85
122%
8
65
—1989
3y2s_'——
4%s
& Santa Fe—
A-O
.
;yy a
J.J
—1996
gold 4s
series
mtge inc
1st mtge 4s
101%
"103V2
Jan
1995
4'/2s
Gen
101%
103% 104%
164
ft-O
67%
39
-,'i
2
5
•
•
103%
72
94%
S
•;
109 Va 109 Va
1974
ref mtge
Chic
103%
99
981/4
101% 101%
General 4s__.______**LLl*.__1995
Adjustment gold 4s
July 1 1995
Stamped
'57%
.1958
&
AGen
101%
106
99%
j-d
v
1967
...
100%
15
100
97%
■
'-
High
102%
.
fChicago Ind Sc Louisville Ry—
A 1st mtge 4s inc ser A
..^1983
A 2d mtge 4%s inc ser A
.2003
Chicago Ind & Sou 50-yeaf 4s
1956
y,
99
95
52
y-v
•^
79
J-J
1974
Chicago & Erie 1st gold 5s_—
Chicago Gt West lfet 4s series
109%
100
97%
110%
;yy?: 'V:.
9 Va
197/a
'r'V-i-'-V
;
108%
T 87 <
.
99%
A-O
—i—-1962
gold 4s_—
Atchison Topeka
1st
107 y4107%
J-D
—______1969
A P W Products Co
Atlanta &
100% 100% *
107 %
"
debentures—^.
3
'
100%
J-J
Called
88
F-A
1987
_r;
3s
2%s——
Chicago & Eastern III RR—
101A
A-O
•
1981>
—
106%
10.4
88
Af-S
1961
debentures
27/8s
*104%
—
Low
12
9
V'.'. v-'
V '
A-O
gtd gold 4s_1949
gold 4s
1st
v
1986
debentures
Amer Tobacco Co deb 3s
J-J
'?
.
56
*•¥»'• ?•
A
cons
1st
17%
105
104
VVVV"/
y
:•
107 % 108 %y yK'yf LS y?
;
yvv^y
M-N
A-O
M-S
1956
k.
Af-S
A-0
Amer & Foreign Pow deb 5s__.i
2030
American Telephone & Telegraph Co.—
2%s debentures^
L__198Q
2%s debentures -•
;
i_1975
2%s
1st
1st
1st
100%
J-J
Albany Sc Susquehanna RR 4%s__1975
Alleghany & Western 1st gtd 4s__1998
2%s
ref
General 4s_
RAILROAD AND INDUSTRIAL COMPANIES
Edams Express coll tr gold 4s
1940
Alabama Great Southern 3%s_—1967
Allis-Chalmers Mfg 2s debs
Power
1st
series
impt M 3%s series E
•AGen
mtge
52
9 Va
Chicago Burlington & Quincy RR—
21%
7%
7%
7%
F-A
100'^
93
15%
j.-i
*7%
100%
85
96%
v.
%
83%
87,..v
95%
F-K
1958
1st
50
9
J-D
January 1
No,
92
,
Af-N
-1958
A4%S assented
89
J-D
1979
conv
(City) external 7a
ref
Ref &
•
-"r
1937)—
readjustment-—2.
Power
52
5s stamj)
(partial redemption)*._1942
Champion Paper & Fibre deb 3s
1965
Chesapeake & Ohio Ry—
General gold 4%s————,*.j*l992
%. Ref & impt mtge 3%s D
1996
20%
/•'A-iik-/
*120
■' *?
90
v-
Range Since
Soid
High
A-O
—1987
York
New
&
R & A Div
—__1978
4-4%-4%s extl readjustment
1978
3%(J extl readjustment
LLJ__l984i
Alabama
"
Bonds
Friday's
A-O
.
-
*..—1987
c:. (4Vt% to Aug 1 1949)
iACentral RR & Banking Co
'
26
12%
4s
registered
Central Pacific
10%
21
•;.
96%
96%
5
4%
V?
*120
•"?( Af-N
($ bonds of
5%
*
j-P
External conversion
A Warsaw
65%
2
61/4
•.
Af-N
1958
fund
8%-4%-4-&S extl
r'f "V
5
5%
Af-N
1962
—
Sydney County Council 3%s
AUruguay (Republic) extl 8s
ARxternkLfcink
AExternai sink
A 4s
91%
85
1st
1962
—
ASllesia (Pror of) extl 7s
A4%s assented—;
.1959
92
M-N
1959
5s series C
Illinois
AGeneral
55
33
5
76
75
A-O
1978
extl
seo
60
(Kingdom)—
external
.—1945
5%s series B
gen
gen
f-A
tACent New
Central
(Int reduced to 3.5%)
or
Bid & Asked
.
91
:
''iWU*.
Stamped pursuant to Plan A
Serbs Croats & Slovenes
42%
Nov 1945
Light 3%s_
.1966
Eng 1st gtd 4s_^__—1961
fACentral of N J gen gold 5s
*..1987
f.:; A5s registered
———.*.1987
59
:
'r
33
*83'
A-o
A-O
L—1940
f 7s_.
s
y'V
Sale Price
.
2012
(Int iettuced to 2% )lASecured
56%
40%
a
--
Week's Range
Last
Period
AChatt Div pur mbney gold 4S..1951
% A Mobile Div 1st gold 5s__—
1946
Central
Xk «-
j-j
1968
dollar loan
extl
50%
*
La;?;::
&
A Ref &
'
.
.
*
Interest
.
Exchange
Low
68
48
V
—
•'
Friday
BONDS
■
High
48
Stamped pursuant to Plan A
Stamped pursuant to plan A
■ ■
>
(Int reduced 2.5%) -—^-1999
3
^ew York Stock
January 1
NO.
48
.) 48
y
■
Monday, October 6, 1947
RECORD
october
Range Since
Sold
High
••
■
Bonds
Friday's
or
Bid & Asked
Low
A8S
..
Last
Period
Exchange..
Stock
BOND
week ending
for
CHRONICLE
Week's Range
Friday
Interest
BONDS
& FINANCIAL
COMMERCIAL
THE
•
106%
62%
109%
)
<r
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4635
166
range
Last
Period
Sale Price
Stock Exchange
New York
mtge ser
fixed,':
(3%
mtge
Gen
&
ref
series H
3s
gold 4s 1995
& Mackinac 1st lien
Detroit
ASecond
Detroit
gold 4s
&
Term
1995
Low
59%
73%
!
Koppers Co 1st mtge 3s_;
50 Va
90 'A
*36y2, 39'/a
—
M-N
103% 103%
ctfs
17
101
30%
37%
103%
Lautaro
107%
;
Nitrate
A 1st mtge
;
1958
East Tenn Va St Ga Dlv 1st 5s
Ed El 111
—1970
M-3
104Va
—1865
A-O
110
1965
A-O
Elgin Joliet & East Ry 3146El Paso & S'western 1st 5s
5s
stamped
1
^
155
155
J-J
1st cons gold 5s__—1995
(NY)
118
__
\
110
110 Va
•
*106%
~
155
106 y4
Gen
mtge
1st
cohs
mtge 3'As ser E
1st
cons
mtge 3'/as ser F
1st
1st
mtge 2s ser H
cons
Ohio
Div
1st
104%
112%
J- J
M-3
59»/4
99%
25
5s
98%
■
A 1st
A
St
ref 5s
3s deb_
88
-
99 %
94 Va
94
103
of
M-3
53
1956
M-N
/'■•/103
V 103%
105%
103 Mi
17
103 vV
'
53
53
deposit.
50
•
—
Francisco Sugar coil trust 6s_
102% 103
:"
7
:
72%
56
5
65%
101%
88'/a
90
8
75%
98
97%
98%
8
97% 101%
F-A
T
100% 101%
991/2 101%
1st
General
(BF). Co 1st mtge
Grays Point Term 1st gtd 5s
Great Northern Ry Co—
General
•-i
1
J-D
1969
1
debs
inc
conv
Goodrich
'
1949
5s
cons
*
m-j
2%s_l965
series
5s
C
1976
mtge 3 Vis ser O.L
J-J
J-J
mtge 2%S
P
—1982
Gen
mtge 2%s ser Q
2010
Gen
mtge 2y4s ser R—
:
t
ADebentures. ctfs
;
,
1st St ref 4s series B__.
Gen
-
„
.
,1975
:
mtge inc 5s series A
,
rV- >!'
19
10
1969
J-J
.
'
98,
73%
*97%
Gull States Util 1st M 2%»_
.-1970
57
■_
98 Va
'."V-":.
57%
58
■56'.
M-N
*—
100
Hocking* Valley Ry 1st 4 yas
—1999
tIAHousatonic.Ry cons gold 5s—1937
Household Finance Corp 2%s
1970
Hudson
Coal
Hudson
Co Gas
Hudson
St
A Ad J
ioi%
1st mtge
86%
98
"
•
Vi
1st
M-N
F-A
53%
53%
55
195^
Feb
97%
88%
1957
1st 5s A
income 5s
J-J
j-D
A-O
14%
14
15
/'
\
97%
98%
VV;
12
89
*107
102'A
107
65
V 48%
K
38
-
A Cum
1981
J-J
■——
Illinois Central RR—
1st
gold
4s
1951
1st gold 3%s.
1951
1st
1st gold 3%s
gold
Collateral
3s sterling
trust gold 4s„
Refunding
Refunding
5s
1955
series F
Western
Lines
M-N
1951
1st
3%s
gold 4s
Registered
F-A
99%
.
—
:
Joint- 1st
1st
A
ref
ref-5s series A..»
4%s
series
.—1963
J-D
.1963
J-D
—1963
J-D
C-
1st ref mtge 4s ser D
Illinois
Terminal
Ry 4s ser A
1970
1950
Indiana 111 St Iowa 1st gold 4s
Indianapolis Union
Ref
St
Ry Co—
>.
1
Imp 2%s ser C
j-j
6s series
A
—
.1986
■
J-D
series
B
-Li.-
"
98
100 '/a
96
100
/ 98%
97
A
100
97
97%
1011/2
103%
J-J
81'A
1944
1972
59'A
92%
70
,
N
t
••
85%
101%
New
101%
New
'
97'A
98
43 *
65'/a
14%
30
27
\'"l
40 y8
59%
*
•;
59 %
23%
23
24
*
55
57%
55
J-J
55
A-O
54%
6U
55
do«
17
42
216
68
102
j-d
Jersey Central Pow & St 2%s
1976
Jf-S
Jones
1961
J-J
&
Lauglilin Steel 3»As
78%
80
99%
105
5
,
"
77i%
",
*99'/a 101%
102%
102
102'/4 102%
Kansas
City Southern Ry 1st 3s
1950
1st mtge 4s ser A
1975
Kansas City Terminal Ry 2%s
1974
Kentucky Central gold 4>
,——1987 *.
For
footnotes
see
page
29.
j-d
"101%
A-O
104
a-o
102
A-O
s-j
101
13
"
100'/a
102
102%
100'/a lOO'/a
120
120
,?82%
J-J
102%
9
103 'A 104
M-N
80
90
M-S
"5
100 '/
100
.
55
57%
A-O a
104
95
>
109;.
109%
24
58
Ill,
100
100%
43%
58
/
j-j
89
V
89
90
89
97
j-j
46
<■
46
48
18
43
68%
j-d
76'A
75'
76%
46
69%
95 V4
77%
80
29
75
96
3
;
66%
66%
,
6U
71
85%
69'A
-.7
86'A
A-O
57%
55'A
57%
59
48
82%
F-A
80
79 V4
80
14
62'A
83
M-S
32 Vi
31'/a
32%
316
18%
39%
M-S
80%
79
80 Vi
138
62
85
M-N
80
78%
80%
77
63
M-N
25%
A-O
80
241/2
80i
F-A
80
15'A
32
63
77
84%
83
121
1
80%
78 Vi
84%
62'A
142
26
78'A
»
'A
105'/a
78
60
647/a
57
58
53 V4
63
70'/a
71
9
65
74
65 'A
66
20
59
1st gtd 5s
& St Louis—
1945
1952
1
1961
1988
& Light 3s
1974
Orleans Great Nor 5s A
1983
Orleans & Northeastern RR—
Jersey Power
Ref & Imp
—*956
Alst 5s series C
59%
ACertificates
4v2s
Alst
;
93
>1051/4
102 'A
104 J/4
100
-
105
101%
:
103% 104
*
35%
*100%
70%
deposit—
of
1956
series D
of deposit
*954
5Vis series A
Alst
deposit
of
39
os
96
2
101 J/a
101%
68
95%
19
100
95%
106
101% 103%
10
1021/4
100
101'/a
100 Va
100
105i/4
5
103 %
104 J/a
36
101%
105
50
1
lOO'/a' 105 V*
122
96%
101 =
J-D
39
105% 106'/a
A-O
99
99
104
104
3
66
66
3
67
67
j-j
j-j
*__
110
M-S
*_.
105'/a
J-J
102
.
.,
a-o
;
102% 103'A
103
123 J/a
87%
92
I
30
.
8
•"
..
F^A
94%
91
105%
100
105 Va
101%
81%
82'A
mtge 3s ser F_
i
1980
1986
96
97%
95%
79
95%
33
86
105'/a
86
101 %
66%
'
•
f-
\
61%
64'A
82%
72%
92 va
-
66
67 .:■>
;
: 67
.
7
.
F-A
65
65
F-A
66'A
10
81%
93
84
26
85
*_1.
J-J
F-A
81%
121
112
,
82%
J-J
90'/a
/: 194
67
1st
98%.
3
v"3'
80
Ref mtge 3'As ser
87
83'A
90'/a
71%
St Louis—
E
93
80
81%
101'A 101'A
78Va
registered
T
78 '/a
31
94%
T-o
70Vi
3Vis
\i
10
97%
65'A
New York Chicago &
104% 106
106%
101
83
97%
97%
F-A
71%
registered
—
Mich Cent coll gold 3Vis
109
103
78%
48
—
80 ;•
3 '/as
105%
101
»«*
95 Vi
95
A-O
1997
:1997
-1998
..1998
1998
1998
1241/a
..
.
92
*76 Vi'
£0
A-O
A_
81'/a
1211/4
J-J
J-J
F-A
series
84
109'A.
1
*998
4s
101
106'/a
105%
102
•'
&
65
101
A.
F-A
impt "4Vis series A——-2013
Ref & impt 5s series C—
2013
N Y Central & Hudson River RR—
Cons
Ref
65'/a
2
*121% 122
M-N
103%
16
105 % 105%
105%
j-d
99
1
104
j-d
106 Va
100%
•»-
99
M-N
104%
;•
105
5
'■:
*991/2100%
J-D
99%
101'/a
97
F-A
—
-
registered—
1—
Lake Shore coll gold 3 Vis
101
102'/a
57%
3 Vis
1-0
106 '/a
98 Vi
21
M-N
General mtge 3'/is
Kanawha & Mich 1st gtd gold 4s_1990
Kansas City Power St Light 2%s
1976
101%
19
j-d
New York Central RR Co—
78%
45
2000
1955
ser
ACertificates
1959
103%
102 %
ACertificates
Frankl St Clear 1st 4s
103
25
36%
>
;
James
20
101-
35%
•V
lOO'A
1051% 105%
4J/2S series A
1952
1st gtd 4s
1953
fNew Orleans Texas & Mexico Ry—
JANon-cum inc 5s series A
.1935
)
ACertificates of deposit
—
Alst 5s series B
*954
>!;» ACertificates of deposit—■—---;
106
.
100
101
M-N
13
,
-
F-A
80
99
M-N
England Tel & Tel 5s A__
1st gtd 4J/2S series B
J Junction RR gtd 1st 4s—
New
;-63
;/
79%
103
99
102.
93
81 '/a
F-A
B
1986
Products 2%s debs_1970
National Steel Corp 1st mtge 3s_.1965
National Supply 2%s debs__i.1967
tANaugatuck RR 1st gold 4s_
1954
Newark Consol Gas cons 5s.
1948
;§tANew England RR gtd 5s
1945
97%
i
58'/a
:
;
79Vi
101% 101%
101%
97 Vi
.
15
87
103
'
-
A-O
1947
1st mtge 3s
68%
73
5
/.95%
f
M-N
95%
99%
97Vi
J-J
..1956
—1956
*_.
—
84%
87
77%
66%
17
70%
70
>
987/a
M-N
1966
1958
;New
4
/
_
j-d
*60
t A Consol gtd 4s
18
:/
*100% 103
J-D
M-N
Nashville Chattanooga
101%
:
73
•»
,V
112%
111%
5
,112
103'A
96
M-S
>National Dairy
100 i
;■
V
'
1952
A-O
gold 5£ series C
'
:
lAInternat Hydro-Elec deb 6s
Int Rys Cent Amer 1st 5s B
•'
'sisz-K ■;/ 99
78
112
~1
.gold 48—1991
New Orleans Term
A 1st
5s
78
97%
100 Vi
••
6
1
90% ,91
83'A
84
—
j-j
AAdjustment 6s series A_„July 1952 * '
A 1st
90%
97%
N
-
^International Great Northern RR—
A 1st
r
>
101'/a
108%
98V4
91
95%
97'/a
84%
■^m
*100
*91 Va
97%
106
108%
-102 Va 102%
—
'
102%
4
102'/a 102%
102%
A-O
„A-0
Jf-S
M-N
M-N
Mutual Fuel Gas
67'A
■•}}:'''LL
111 Cent and Chic St L St N O—
106,
107%
.
102
106'/a
*100
--
103 Va
5
107
100%
98%
«
'
M-S
100%
98%
89
1
;
•
107
115%
105%
103 '/a 103%
J-j
Mountain States Tel
*
<-
*99% 100%
F-a
_
99%
A-O
11-5
104
104
111%
112%
♦111
Constr M 4J/2S series B—
1955
& Tel 2%s—1986
/
101'A
53
*96
j.j
"
7
,v
79
*96Vi ' 98
j-j
1951
;
99%
j-j
1951
102'A
77%
__
J-J
1951
23
106 Va 106 V$.
*98
:
—
■j.j
—1951
gold
102
--
79
M-fl
F-A
102'/a
101%
8
118
101'/a
102
102
66
93'A
14
99% 100
71
y
&
931/2
45
98%
J-D
3s
3%s
1st
99%
98%
F-A
3s
6t Louis Div & Term gold
Springfield Div
99%
98%
1966
Litchfield Div 1st gold 3s_—
1951
Louisville Div St Term gold 3%s_1953
Gold
99%
,1950
__
Cairo Bridge gold 4s—
Omaha Div 1st gold
;
99%
j-j
M-N
,1953
_
101%
/-y 71
14
M-N
1952
gold 4s
4%s_
40-year
•
'/
■•r';
118
80
1949
1980
1981
4s
Monongahela Ry 3'/4s series B
Morrell (John) & Co 3s debs
Morris & Essex 1st gtd 3%s
Constr M 5s series A.
102 A
99%
99 Vi 100%
80
116
101%
66%
series A—Jan 1967
Moh'k & Malone 1st gtd
103
101%
__
100
52%
128%
112
13
103%
♦102
1978
series D
5s
ref 5s
A 1st & ref 5s
105%
102
:
'
A-O
1955
trust
.V
*101Vi 105
43
127%
112J/8 112%
112%
M-3
.
33'/a
♦128
j-j
series G—i,—
A 1st &
23'%
102
1
*101%
A-O
1952
4s
Collateral
*1031/2
__
j.j
"
1951
Purchased lines 3%s
.
J-J
1951
Extended
.
102 > 102
/'
67
j-j
gold 5J/2S ser A
ref gold 5s series H
1st & ref 5s series I
A General
I
63 J/4
A
2%s series A
39
6
1962
1965
1975
1977
1978
A 1st
Bell Telep
67
70%
:
1962
—
A Conv
Illinois
2
43
69%
70
RR—
.^Missouri Pacific RR Co—
A 1st & ref 5s series A
109%
13%
adjust
1991
4s—.——1990
series A
4'%s
lien
Prior
89
V-'
•
■
377/a
36
41%
J-D
Jan 1971
inc ser A
series B
4s
40-year
:-A- 89 '/•
79
36%
36
*99'/a 100
1969
1940
A Gen mtge 4s inc ser A_,—Jan
102%
97%
69
45%
43
*25
4s—1938
2%s
mtge 4'/25
1st
■:&i;; V'137-l::140%
83
,
39'/a
36
M-N
A-O
A-O
A-O
M-N
M-fl
Minn Rt Paul & Sault Ste Marie—
101%
74
42%
27
31
'
\
72%
;! 99
71%
1962
A
gold 5s
Manhattan
135%
*—
;
28'A
37%
If-N
1966
tSAMidland of N J 1st ext 5s
101%
52 J/4
100
2
*119
1949
f 5s series
1st s
J-J
80
\
,
Missouri-Kansas Texas
M-N
135
M-M""
.
Prior lien 5s
V"
82
35
39%
34i/4
*30
Michigan Cons Gas 1st mtge 3'/2S_1969
9%
71
—
99
•
66'/a
M-S
H
99
76
3
34%
Jack Lans & Sag 3'/2 s
—1951
1st gold 3'/aS
——1952
/ Ref & impt 4'/as series C..——1979
Mo Kansas & Texas 1st
M-S
87
68
1972
(Chic)
El
Michigan C"~tral—
;
Hackensack Water 1st mtge l%s—1976
82
6
M-N
;
101%, to^v*
100%
Side
West
AMet
65
7%
,
.j,
*67%
A-O
2044V1! ?
1,
66
68%
j-j
Metropolitan Edison 1st mtge 27/aS_1974
Metrop Wat Sew St Drain 5'%s—1950
•
—
,
A—..I960
1954
4s sink fund—Feb 11957
May Dept Stores 2%s debs
Mead Corp 1st mtga 3s
98%
•
100% 100%
\
2d gold 3s
,
(Southern Lines) 4s__1959
AManila RR
91
62
9 J/a
2003
..2003
1980:
1855
Cine Div 4s
Manati Sugar
104'%
84%
—
8%
83%
64%
M
104%
N; 98 »/a
101% 101%
83'/a
1
St coll 4s ser B
1st mtge
129
99%
;
il,;-
J-J
—2015
Vlst St ref 3%s series D—
/"•> Gen mtge ind 4s ser B_
V
101%
84
:
Maine Central RR 4%s sey
128% 133%
5
*62
A-O
■
-•
,
-
-
series F
3%s
M
Atl Knox St
117%
V—■ /■!/■ 93%
97y2
Feb
.
—11959
;
93 %;
84%'-84%
Feb
B___
Mobile & Ohio RR
114%
122 J/a
12
987/a
87
82
--
68
M-N
103%
'M:\
10
98%
83
1
64'/a
>F-A
j-j
101%
—
99% 100%
J-J
—1961
Greyhourid Corfc 3s debs_.._
Gulf
»—
!
100
J-J
AGreen Bay St West deb ctfs A
'■
99 J/4
;; 4 v
121 y4
~~ J-J
Gen
ser
128% 128%
87
1
82
83%
—.
1954
ref M 27/8s ser G
St Louis Div
86%
v
101 Va
.
5
115
115
J-J
2000
:
'115
128%
J-J
1990
;
.
mtge 3%s ser N—
Gen
35
77
—
/J-J A
1973
—
Gen
■
99 V4 100 Va
J-D
—1952 '
D_i,
General 4 Vis series
196
105%
104
—
/
5%s series B:
U General
i- 86%
84
100
M-N
-1947
V
'
84%
ref
&
1st &
*104
Realty St Utilities Corp—
'
A 4s
Berg Co
83'/a
84%
82
—
F-A
—1974
91
84%
F-A
>
1974
stamped
—
99 %
99 %
1964
Louisville & Nashville RRr—
Gas St Elec of
*99Vi
*84'/a
...
106
99% 103%
90
99 Va
88%
2003
4%s stamped modified.
2003
■V
- 4%s
registered
2003
5s stamped modified.
2003
Lehigh Valley Terminal Ry ext 5s-1951
Lexington & Eastern Ry 1st 5s
1965
Liggett & Myers Tobacco 5s
1951
Little Miami gen 4s series A
—1962
Long Island unified 4s—,———1949.
;
Guaranteed ref gold 4s
.—.1949
4s stamped
—.1949
Lorillard (P) Co deb 5s
-.1951 /
3s debentures
1963
Louisville Gas & Elec 3'/aS—
1966
105 »/a
AV ! ,M 100 'A
103% 103%
"102
J-D
■
.1974
series A
Certificates
103%
M-N
.1959
11
37/a
Dec
4s registered
;
100J/4
99%
,
M-S
.1961
1st 4>As_
^Florida East Coast
105%
1%
V
A-O
,
Firestone Tire St Rub
27
1%
99'/a 101%
Lehigh Valley Ry Co NY 4yas ext_195Q
Lehigh Valley RR—
-.
4s stamped modified
2003
102%
87
*
„
89 ;
;
__
1%
187
101
21
99%
—1964
1st & ref sink fund 5s
81
99%
90
102'/a 102'A
180
101%
105% 113,
.
—
65%
J- J
-1971
mtge 3y«s
65
*95
A-O
-—1964
1990
2000
1953
G
3Vis ser
mtge
cons
65%
J.J
2015
A
series
J/a
185
1954
Leh Val Harbor Term gtd 5s
4Vis
inc
102
101
112%
1954
stamped.,
5s
.
Erie Railroad C<*—
*
108
112 Va
.
;
&'ref sink fund 5s
1st
155
104%
•
8
v!
68'/a
'A
1970
& ref sink fund 5s
5s stamped
121
1
53
"104% 105
*112'/a
1%
High
53
108
—
Ltd—
Co
income reg
Lehigh Coal & Navigation Co—
S f mtge 3'/as ser A
1st
*115%
Low
57%'
*106%
J-D
J-D
.1997
1997
—
Lehigh Valley Coal Co—
.J
No.
1975
3'/as registered
t
M-N
Range Since
January X
Sold
E
Lake Sh St Mich Sou gold 3%s
94 %
99%
10
J-J
Toll 5s
55
110%
90
99%
99 Vi
lAKreuger St
Bonds
High
*40
J-J
J-J
J-J
J-J
A-O
A-O
M-M
70
103%
11
104%
99%
109
62%
65
•
104
■"90
J- J
1965
M 3 Vis
1st
"55
Af-S
1961
.1961
1961
1961
—1997
—1964
1959
Kentucky & Indiana Term 4%s
Stamped
/Plain—
4'/as unguaranteed __J
Kings County El L & P 6s
,
Rangfl
Friday's
or
Bid & Asked
Sale Price
105%' 109%
5
M-N
1961
2%s ser B—1970
Dow Chemical 2.35s debs_
,—1961
IJADul Sou Shore & Atl' gold 5s—1937«
Stock Exchange
High
106 V4
58
;
70
70
J-D
—
Tunnel 4'As
Light
105Va 106
J-D
Det Tol & Ironton RR
Duquesne
105 Va
J-D
!
12
108%
108' Va
Week's
Last
Interest
Period
BONDS
New York
69
4.
SO
70
M-S
1966
—1970
S
38%
179
50%
49 Vi
J- J
1993
contingent int),—
3 Vis series G
Detroit Edison
•
Low
No.
High
27
RECORD
october
.Range Since
January 1
Sold
Salt Lake—
&
income
1%
50%
Apr
3018
contingent int)
Denver
ending
Grande West
Denver & Rio
A Income
week
Friday
Bonds
Friday's
or
Bid & Asked
Low
(cont)—
A (4Va%
for
Week's Range
Friday
Interest
BONDS
BOND
YORK
NEW
(1375)
94
66
81 'A
73'a
74 ya
62%
77
61
F-A
.
t-
•{.
72%
94
101%
■
J-D
95
97
a-o
90'/a
90'/a
14
1
90%
97%
«
THE COMMERCIAL & FINANCIAL CHRONICLE
(1376)
NEW
YORK
FOR
RANGE
•
Exchange
Stock
York
New
Friday
>
Sale Price
or
Friday's
s
N
*
N
Y
Lack
West
&
F-A
3
'
.
No.
Low
,99
100
m-n
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■'•
„
'
■103% 112%
104
'm-n
*65
'•
101%
103
Potomac
I
APittston Co 5Vis inc deb
"10314
■*'
110
103
66
El
Pwr
M
1st
1964
3Mia
Sale Price
-
.
tAProvidence
r)
Terminal
48
Jf-H
ANon-conv deb 4s__
1947
m-8
ANon-conv
1947
1954
m-s
deb
3Vis
-ANon-conv deb 3Vis
deb 4s—
ANon-conv
'•
..1968
4s
A
ser
45
48
46
47 Vi
47 Vi
46%
J-J
52%
21
: 27%
143
28%
309
28%
52
49%
'200
28
204
28
51
531/2
574
30%
160
53%
83
-
12
13
-
-
45
•
9
53%
Vi
47%
50%
428
29
63%
65%
616
63%
70
31%
30%
33i/a
1,332
30 y4
38%
M-N
—1954
'
"
Y State
N
Y
Elec
Steam
2%s
Gas
&
gold
N
Y
Reading Co 1st & ref 3%s
West
&
1st
4Vis
Norfolk
Central
Gen
"
Western
1966
M-S
2014
A-O
1st gold 4s.l996
<fe
ref
Ry
A-O
ref
&
gen
'
General
3s
lien
Ref
8c
~9%
18
100 y4
64
•'^/
108
42%
9
2
130
2d
127
43
101,
99:
3t
113%
15
109%
2047
J-J
1975
m-s
67%
66%
-J-J
2047
67%
64
95 Va
95
98%
98%
99
\
UOtm
60%
99
92%
.
—•*
f-a
■'•'/''••,
'
WW
.1975
a-o
•
99%
;■ vi a-o
.1977
99% 100%
99% 99%
;v^:y
'■
99%
;
2ft
j-j
*9
M-a
1996
j-j
J948
—.
j-j
4s
.1974
MS
bond
mtge 2% s*
.1975
Oklahoma Gas 8c Electric 23/4S—. .1975
■<-* A-O
-1st
Oregon-Washington RR 3s
■i'.v f-a
■'ic a-o
A. .1960
ser
/.?/;
98
.98V4
j-j
j-j
M-N
Nov 1989
Line
RR gtd 4y2s
Depot 3%s B
1st gtd 4s
Union
83
4
7/*98%
104%
-
104% 104%
•:
101 y2
•
13%
8
100% 100%
15%
•
Air
Line
RR
88
92 :
14
07
100%
92%
167
:e
79%
310
37%
57 Va
2
83%
52
100 V'4
104%
Union
Oil
104% 104 y4
*86
85%
'
•
WW'
1941
f-a
a-o
1989
M-N
j-j
105
78
■5;.
<—
—
7:
46%
32 Va
46%
••'., 106%
43%
46%
88 y»
83
•'
^56 ;
114
106 '/a
126 Va
130%
99%
101%
58%
76%
89
*106%
126% 126% V-
"4
100% 100%
100%
j-j
42
•5- 66
a-o
•
64 ' '
66
V
96%
96%
6
97
96%
:
48
96%
j-d
97
'96 V
47
•
'
94%
98
99%
a
*
p-A
1941
j-j
100 y4
1976
j-d
5*97%
1963
A-O
gtd 5s
51
49%"-
1965
Nor Ala RR
88
85%W-
84%
V,
j-d
1996
3s
19
debentures
—1979
2%s
98%
103 V*
27/8s
:
98 y4
103
Southern
r
104%
106%
Soujhfrm Pacific Co— -w
Jst; 4y2s. (Oregon Lines) A
24
90
.; 81 Va
.
>':ioo
50 Vf
j-j
j-j
__2O10
& Sons 2%s debs.1966
2%s debs
1971
(Jos E)
107%
•
■
Co—
"102%
•*
y,
105 %
100>2
13
81%
:•
82%
,
51%
104%
1971
E
;.;vis
99 y8;
59
8
100
100»/4
•
71
97%
100%
126
126
—
93
103%
100"
12
97%
97%
♦126
:
Southern Bell Tel & Tel Co—
11
y4"
110
-lv-41
49
9%
100
1989
ctfs
-20
102% 103%
V
V_''v
1997
t§ASilesian-Am Corp coll tr 7s
Skelly Oil 2%s debs
mm
'102%
110
108%
-10
•;•••*—
2022
Ry—
certificates
inc
& N
Shell
101%
100%
South &
/'S
/12
105
1
a-o
1955
& P
bond
Seagram
104%
99%
O
guaranteed 4s—,
Ohio Edison 1st mtge 3s
102 %
__
4 54%'; 68
57
Socony-Vacuum Oil 2Vis
-A 1st
y
*8
1971
1st mtge 4s ser A
iv AGen mtge 4y2s ser A___
•
¥
99%
93%
8
"
A
ser
;
\l04Va
102
3s
1st gold 5s
Mt
Seaboard
103%
103%
■
-—-
v
A
MS
1990
Scioto V
99%
102-7
v-
^
103%
17
108% 108%
1941
stamped
6s
§AShort
104
94
6
111
100 % 101%
'
100 V'4
.
Louis-Southwestern
St Paul
101
*
.1974
•128
J-J
A Gen & ref gold 5s series A
1990
St Paul & Duluth 1st cons gold 4s_1968
ISt Paul & Kansas City—
v v
•
:
72%
90%
Power
,7 ,1st 4s
..
76%
61
3
,18
¥ 4
96 y8
98%
100%
47
64 %
-
94
102% 102%
1949
1st mtge 4s ser A
2nd mtge 4Vis per A
136'/8
103%
99% 100
J-J
4'/is
& Adir
gold
.
48%
33%
74
103
Q-a
stpd
5s stpd
St Louis-San Francisco Ry Co—
128
Q-F
RR
St L Rocky
128
2047
4s
•
109
120
2047
trust 4 Vis
mtge 2%s—-
MS
St Lawr
20%
■
»—
Jan 1 2047
:
164%
242
MS
.
MS
*
32
MS
1967
A 2d
Northern States Power Co—
(Minn) 1st mtge 2%s_
1st
11-J
1957
Saguenay
92
'126%
Q-J
k
237
108
1977
mtge 3%s series H
mtge 3y2s series 1
fgARutland
.
101%
107%
15
43%
127
103 Vi
108%
162
.
17%
83 %
129
Q-J
107
: v
42
♦—
1997
3s
Coll
29%
93%
M-N
tARut-Canadian
.
M-S
—1997
impt 4Vis series A
impt 5s series C_
impt 5s series D
Ref ~8c
107
"■•
13
-
105 ;
1974
4Vis series A
registered8c
Vi
"1
100% 100%
M-N "■
m.tge 3V4s series J
1969
t§AR I Ark <fe Louis 1st 4%s„—__1934
77
1974
5s_.
registered
Ref
*
108
42
—
108%
'
17
91
11%
127 Vi
*107
•
Gen
;
Northern Pacific Railway—
Prior lien 4s
48
:
59
D..1995
i960
Gen
103%
'•v'*•' '
100% 100%
16%
J-J
Southern-Ry Co—
mtge 5s conv inc
AGen
North
J-J
1946
;
lOOVi
Gen
100% ,104%,: l-
*
5
♦„
Vi
164
*237%"
series D
v
10
42%
M-N
.1982
D
Niagara Falls Power 3 Vis
Norfolk &
*42
F-A
16
*155"
.
v
mtge 4y2s
5^
103%
42
1940
ser
Bost
F-A
;
8
-
1943
5s
.
;
Gen
14
7
100
39
3
ser
Revere Copper & Brass 3y4s
Rochester Gas & Elec Corp—
104%
8
70
105% 105%
J-J
1937
4%s
Telephone 2%s
*5 AN Y
♦—
J-J
1st 3Vis
1983
IN Y Susquehanna & Western RR—
§ 1st refunding 5s
1937
tA2d
64'
A-O
52
4%
♦99% IOO1/4
64
661/4" '
J-J
1977
97%
44
,-•••
10
4 '/a
S
Corp
tAGeneral gold 5s
tATerminal 1st gold
9%
~45/a
J-D
NrY Power & Light 1st, mtge 2%s_1975
N Y <fc Putnam 1st cons gtd 4s
1993
N
99% 100
99%
M-a
1955
j-j
,
17,
111
20%
64%
;
.1964
Quaker Oats 2%s deb.
J-J
4s__
j-d
109%
•:
-J-J
1st 4s
General
^^ll%::
--
100
j-j
56%
83
d74
fAHarlem River & Port Chester—
A
11%-11%
101%
107%
-
..2022
*AN Y Ont & West ref 4s___June 1992
m-N
High
98%
106%
,
52%
48%
of 1927—1967
i——-i_—2007
w
inc 4 Vis ser A w i
1972
Low
51%
49%
50%
m-n
,,
; ..-v. *109%
2037
:
January 1
No.
•y'^C
*113
.
..
j-j
2037
1st & ref mtge 5s
1st & ref mtge 8a
V ',1^
Range Since
Sold
100%
;
51
45%
74%
48
V V
46%
•
51%
A-Q
J-D
45
•
46%
—1940
6s
ref 4Vis series
&
1st & ref
Gen mtge
48
—-—.—1957
t A Collateral trust
ADebenture 4s
A 1st
46
J-J
>—1948
AConv deb 6sr
46
a-o
1956
ADebenture certificates 3Vis
1st & ref mtge 3s
85%
28%
'
49
J-J
——1956
68 v4
77
46%
m-n
—1955-
;
ANon-conv deb 4s—
♦73
46%
■
- v
m-s
'
4 Vis series B_
.—„1973
*N Y fcew Haveh & Harford RR—
F-A.
M-N
Bonds
.
High
1*99%
>-
j -j
■
Friday's
or
Bid & Asked
Low
j-j
1956
Public Service El. & Gas 3%»_
80
•
1966
1st mortgage 3y4s
——__1977
t A Providence Securities 48—
.1957
110%
'
7 s:"/. 1
68%
■:," •
Last
Period
.
.
-104
Week's Range
Interest
High
99
7
/
J-J
\
96%
'
Friday
\ '{U
BONDS
New York Stock Exchange'
;
January 1
95'/a
J-J
series A____1973
4s
99
Sold
'
High
*__'
a-o
B—1975
—1951
Y & Harlem gold 3^*—
2000
Mtge 4s series A
—*
2043
Mtge 4s series B
—1
:—-2043
Range Since
-Bonds
-■
Bid & Asked
Low
Y Connecting RR 27/as ser
Y Dock 1st gold 4s
RECORD
OCTOBER
■
Last
Period
»
ENDING
Monday, October 6, 1947
.''i.
Week's Range
Interest.
V.BONDS
•r
r
BOND
WEEK
<
debentures
j-j
1985
debentures
Indiana Ry
2%s
1994
•
81
81
j-j
98%
1977
M-S
196®
M-N
1981
M-N
81
S;8
98%:
97%
101%
6
79
109%
104%
98
101% 101%:
*
f;
103
15
,/ 103 >a 103%
*98%
98%
p-A
J-J
.1987
1037/a
; 97
'"90% 102%
*
■
Gold 4y2s
Gold
1
San Fr Term
&
fef
3 Vis
series
I——_1966
J-D
A
ref
3s
series
J
.1970
J-D
1st
'
104 V4
&
104% 104 %
ref
3s
1971
J-D
104 y4
104% 104%
J-D
104%
104% 105 Va
1st
St
ref
series
*
3s
1st
St
ref
3s
1st
St
ref
3s
1st
St
ref
2%s
Pacific
Tel
2Vis
&
K
series
L
1 series
—1974
M__
_1979
J-D
105
N
1977
J-D
104% 105
104% 105
P
—1981
J-D
100
100
,.1985
J-D
99
Tel
2%s
debs
debentures—
Paducah & 111 1st
1986
f gold 4Vis
s
Pennsylvania-Central
3Vis
inc
conv
Pennsylvania
Gtd
4s
debs
Pennsylvania
Power
ctfs___,
debentures
:
Cons
sinking
General
4Vis
General. 5s
General
Gen
Gen
deb
Peoria
&
____1984
F
ext
4s
—I960
!
Apr 1990
Ry 5Vis_—_1974
Marquette Ry 33/aS ser D_—_1980
Pere
Phila Bait
General
A-O
series
B
L.
1974
General gold 4Vis series
C——1977
Philadelphia Co coll tr 4 Vis.——1961
Philadelphia Electric Co—
;,f
104%
106%
:>■.
67
106%
Oil
Standard
Oil
97
?
Vy
97
98
A-O
17
:,
F-A
1966
M-S
104 %
lOlii
103%
113%
122%
137
100%
118%
107
98
-
;~4
'\~y 9
iL. :.;'v
•
101
2019
series D——1985
deb
1965
Texas
i
91
103%
103%
116%
yy 4
110%
121
112
117
;
"I
99%
52
103
,
30
99%
3
45 V8
56%
-10
V103%
106 y8
y
-96%
/76
95%
•;■;
95%
•'
y
:
105%
104%
103 V*
99%
101
103%
101
103%
124%
129
101%
106%
105
r
*100% 101'
1st &
>
39
123%
130
120
120
5
120
106
50
105
3%s ser C
Pacific
& ref
1st
ser
Pacific-Missouri
33
97%
j-j
1974
% 93%
a-o
j-d
1985
E
105%
a-o
1990
j-d
137
137
5
97%
9
107%
94
:.y
137
■r
97% 103% i
9
93%
99%
5
130%
137%
23
100% 101
100 V'4
105
104
Pacific—
Orl 3%s
New
m-n
2000
gold 5s
M 3%s
RR of
1970
:;v^e
a-o
Third Ave Ry
1st ref 4s
1960
AAdj income 5s
Jan 1960
Tol & Ohio Cent ref 8c impt 3%s__1960
Trenton Gas & Elec 1st gold 5s—1949
102%
103%;
4
102 7'8
j-j
84%
80
85
59
791%
a-o
50%
43%
51
238
41
70
18
96
100%
100
j-d
100 y4
m-s
*104
m-s
98
98
110
110
104
;
100%
105%
108%
101%
;■;« 5
101% 101%
105 / 105%
j-j
126%
105
ref M
&
Term
•
105
105%
3y4s ser B
.■Texas
,
108%
120
ref M
Gen
75% '
J-J
New
1st &
12%
100%
imp M 4s ser C
&
:Texas
59
124% 124%
Orleans RR—
y
•
121%
•
89%
94%
123
RR Assn of St Louis—
Ref & imp 2%s
103%
106
18
Ref &
*
118%
99%
87%
45
114%
■
103% 103%
ft
j-j
debs—
Texas Corp 3s
;
106% 125%
,v 97', *'■ 118y8
114
17
f-a
95%
••
a
I
-i,": 4
64
103 % 104%
103%
j^r
104 ; v
16
♦106%
52
Apr
94%
801
91%
7
.
103
99%
A-O
;
113%
103
*
p-A
85
96
W 115
*111
■>
M-N
38
106% 109
115
j-j
'W;
94 y4
94%
-
105
77.
104
88
82%
114% 115%
106%
106%
10118
64
64
Apr
deb 2%S——1971;
yy
j-j
1973
Co 2%s
98 y#
100
104%
102 %
25
99%'
debs—1966
115
A-O
Swift &
102%
100%
2%s
Calif
INJ)
%
83%
100
90
81%
*91
A-O
Sunray Oil Corp 2%s debs
108
13
ioo7/8 101 y4
*—■ ">?' 87%
of
;:*88
'
A-O
gen
Standard
5
82%;
j-j
gen
v.ASpokane-Internat 1st gold 4y2s—2013
-A:
;y:?
104%
88
&
2%s ser G
Southwestern Bell Tel 2%s debs—1985
104
106%
$41
&
2%s series P
6s series A
—1956
6%s series A——1956
Memphis Div 1st gold 5s
1990
St Louis Div 1st gold 4s
—1951
/
101%
—
106% 107%:
,
100%
& Wash RR Co5s
987a
15
152!
47
113yB 115
J-J
:/
Devel
Devel
,
: 100% 104%
107
A-O
;
Pekin Union
109%
109%
100 \ : 104
104
101% 10188
J-J
-—1985
ser
104 Vi
104%
2
Terminal
J-D
E
,,
103
1968
———1952
i'.i*
83
75
Co—
mtge 27/8s ser E
1st mtge
32
10112 102
101
D—_____1981 ;•'.
109
104%
A-O
J-D
B_—
99
Jf-N
—_il965
series
j-j
RR
ser
91%
102% 102%
102%
j-j
Pacific
mtg 3%s
95
"-93%
90%
j-j
1996
1st
1st mtge
,
13
V;
102% 103%
113%
series
Eastern
♦102%
103%
M-N
3Vis
AIncome 4s
Peoria &
J-D
F-a
A__.
104%
107%
:V/'
——I960
19
:
'
4Vis
series
mtge 3Vis
41%
dollar—a—,.1948
fund
4Vis
'
104%
109
*104
46
a-o
_1948
series
4 Vis
mtge
Conv
«
—1965
\„v'"
gold 4s
4s sterl stamped
.
1
a
—1986
:
108%
%t;n04 ;
Jf-H
1975
Pennsylvania RR—
Consol
.
3Vi8—1960
Light Co—
&
a-o
4,,
1952
Sand
1st mtge 3s
3s s f
i
—I960 !
;
Glass
:
M-S
-
-
104%
81
100
101% 101%
J-J
5s_l949
-
trust
E
Pennsylvania
98%
A-O
,1955
cons
Airlines—
Co—
series
'
109
2
12
•7;
91
91%
'91
J-D
>
108%
series
•.Paterson & Passaic G & E
V.
♦108%
series
i
A.1975
Southern
1st
1st
1st
—1961
Southern Ry 1st cons gold 5s_—1994
Devel & gen 4s series A
1956
Pacific Gas <fe Electric Co—
♦ -
:
——-
4 Vis
J-J
-
Tri-Continental
Corp 2%s debs—1981
U
3
% 98 :;i
102
•
1st &
ref
23/is_
1971
<fc
ref
&
ref
2%s
1st
&
ref
101%
M-N
102%
——_1974
M-N
2%a—
1st
J-D
—_1967
1st
2%s—
.
—1981
1 §APhilippine Ry 1st s f 4s_
ACertificates of deposit.
Phillips Petroleum 2%s
1937
101
J-D
.
-
F-A
Pittsburg Bessemer & L Erie 2%s__1996
Pgh Cine Chicago & St Louis Ry—
J-D
Cons
gtd 3Vis.series E
—_„1949
Cons gtd 4s series
F_,„—
1953
Cons gtd 4s series G
1957
Cons gtd 4s series
H—
Cons gtd 4 Vis, series I
Cons gtd 4Vis. series J
Pgh Cine Chicago
Gen
mtge
5s
mtge
3%s
102
105%
101
105 %
101%
105
12%
*9%
rr.9
13
13%
102
102 Va
/*--■.
102%
*106
110
112
F-A
*118
119%
118
118
M-N
118
—1970
J-D
106%
106% 107%
14
1975
A-O
106%
106% 107%
25
A-O
106%
127%
91
3Vis_1964
M-N
*103%
Coal—
91
*103
1958
103% 103%
1959
For
footnotes
,
Pacific
*43
1967
j-j
j-d
1976
—1991
mtge 2V2s series C
United Biscuit 2%s debs
1960
1970
U S Rubber 2%s debs
2%s
100% 100%
a-o
page
110 y; 112%
103% 103%
••'T5
102%
105%
101% 101%
101%
100 Va
16
IOIV4
104%
341%
IO41/4.
44%-
debentures
1967
1959
101% 101%
1
32
92 Va
98%
37
101 Va
1031/4
92%
93
100%
A-O
<93%
ioiy8101%
f-a
M-S
*94
947/8
*98'/a
/
M-N
99%
101%
108%
96 Va
100%*
:
Universal Pictures 3%s debs
99 Vi,
99%
100%
99%
99
Vi
102%
"
A-O
Vandalia
Cons
s
RR cons g
f
4s
105
4s series A—1955
104
104
Va Iron Coal
102%
105%
102%
105%
73
109%
1st
cons
& Coke
5s
73
100%
JSf-8
1958
36
102%
101
102
103 Va
100
98%
__
101
M-N
9144
100%
104%
100 V*
107%
*109% 111
A-O
1995
100
*94'/4
M-S
J-J
3
58
111
100%
106
102
106%
91%
84%
84%
J-D
f-a
115
J-D
*120
J-D
*118%
•
108
M-N
1975
1st gold 5s__1949
Va & Southwest 1st gtd 5s
2003
•
84%
a-o
,
"
f-a
1957
series B
Electric & Power Co—
& ref mtge 2%s ser E
100%
99%
M-S
Virginia
86
86
1977
29.
1
22
44%
RR—
debentures
2%s
Ref
103%
86
A-O
1974
D
91
75
1962
C
3
90
1948
B
see
*86%
i960
A
series
1975
1970
Virginian Ry 3s ser B
J-D
Youngstown & Ashtabula Ry
5s
Union
m-n
a-o
1945
debentures
2%s
1st
*103% 105 >1
4 Vis series
1971
of Mo 3%s
1st mtge & coll tr 2%s
t§AUnion Elev Ry (Chic) 5s
Union Oil of Calif 3s deb
102%
J-D
gen
Co
125%
106%
—1975
1950
1st gen
Electric
'119%
1st mtge 4Vis series A
1st mtge 4Vis series B
1st mtge 4%s series C
1st
Union
121%
118
1904
1st mtge
series
106
115%
119%
1st mtge 4Vis series B
5s
106
109
.
.*„
Pittsburgh & West Virginia Ry
gen
102%
*108
J-D
1st
102%
100%
F-A
J-J
4s series
■
M-N
1955
gen
:-:\w 11%
.101% 104%
_1963
1950
1st
8
99
102% 102%
J-D
4 Vis
Pitts
17
14%
E
Consolidation
debentures
1st mtge
&
100 \;\
'
9
B_
Pittsburgh
Pitts Steel
U
105%
29
15
—I960
;
A
ser
Pittsb Coke & Chem
3 Vis
102
Si Luun. RR—
<s
series
Gen mtge 5s series
Gen
F-A
101
102%
101%
*100% 101%
J-J
debs.„,__Il964
30
102
101
*101% 102%
115
92
101%
J 03
115
117
W
Wabash RR CoGen
Gen
__
1st
mtge 4s inc ser A
mtge inc 4'/4s ser B
mtge 3%s ser B__
—Jan 1981
Jan 1991
—1971
Apr
Apr
Apr
82V4
82i/4
82'A
9
80
81
80 'A
81
20
80
97
96%
97
15
95%
94
92%
102%
.
,THE
166Number.4635
Volume
COMMERCIALV&. FINANCIAL CHRONICLE
NEW
YORK
RANGE FOR
Week's Range
or Friday's
Friday
<•■■■■'?
BONDS
Interest
'
.•
New York Stock Exchange
'
.
Last
Period ,\ Sale Price
/
\
'
Ward
Baking
•
™5%s
Co—
' *
•*
■-
106
J-D
Electric
Wisconsin
Public Service
12
106%
101%
10
101%
'.-94%
93%.
93%
94%
75
92%
93%
69
76%
High
No,
102% 102%
"117%
2
"
•
,67%;.
66%
20%
:
,
*
♦19%
1976
59
60
66
.75%
15%
i24%-
s
;82%
18
J-D
"97
J-J
*—
108%
lit & Power 2%S—1976
J-J
•Si
99%
98
.
21
98
—
3y4s_—1971
Power
High
118'/a
.1
67%
66. :66
20% 21%
;
.
Low-
102% 105%
116%
:>V; /
'
ir-N
-
102
•
108% 109%
95%
'-90Va
90
91%
81
75
93 %
J-J
101%
M-N
101 % 101 %
"100
M-S
63%
8
100%
100%
103
63Vi
64%
25
57
62 Vi
10
55%
72%
104% 104%
2
104%
106 y4
100
102 %
;
M-S
M-N
99Vi
"97
J-D
99
"99%
99%
27
99 y4
99%
M-S
J-J
99%
3
76%
99
§ Negotiability impaired by maturity.
tThe price represented is the dollar quotation per 200pound unit of bonds. Accrued interest payable at the exchange rate of $4.8484.
{Companies reported as being in bankruptcy, receivership, or reorganised under Section 77 of
the Bankruptcy Act, or securities assumed by such companies.
•Friday's bid and asked prices; no sales being transacted during current week.
v"
106
99%
101%
100
Deferred delivery sale not Included in the year's range,
d Ex-interest,
e Odd-lot aale not
included in the year's range,
n Undcr-the-rule sale not included in the year's range,
x Cash 'sale
not Included in the year's range,
y Ex-coupon.
a
103
101
—-u
Yonkers Elec
95%
62 V8
M-S
1992
102%:
Range Since
January 1
Sold
106%
106
79%
2%s.'
Bonds
109%
49
A-O
deposit—.———
Wisconsin
%
V-J
C.—--19™
D—1967
of
113%
105%
,M-S
WheeUng Steel. 3 Vis series
3 Vis ser
6
A Certificates
Friday's
LotO
>
107
*110%
•
or
Bid & Asked
>
J-J
^Wisconsin Central Ry
'
r
8 A 1st general 4s
————1949
A Certificates of deposit.—...—
* '
{ASu ft Du div ft term 1st 4Sr—1936
•
102'/a 102%
May
—
2%s series A
103
*'
>■■■■<>'•
100% 101%
102
t
Wilson & Co 1st mortgage 3s.^—1959
Winston-Salem SB 1st. 4s.—
1960
•
101% 101%
102%
A-0
——
mtge
.
60
107% 107%
J-J
4Via.--—1950'
——1951
30-year 5s
:
1960
Westinghouse El & Mtg 2 Vis—*-1951
2%s debentures
—1971
West Shore 1st 4s guaranteed—2361"
Registered •,
—
-2361
Wheeling & Lake Erie RR 4s
1949
1st
100%
100
50
106
v
Sale Price
*
105% 107%
••.v
"110% 113'/a
J-D
Funding & real estate
25-year gold- 5s...
M
96 Vi
57% ' rfJv,
103-
F-A
'
ref
-
Last
Period
>
High
94
100 % 100%
■'*--■
•
Western Union Telegraph Co—
ft
44
107%
-57%
Q-Af
VWs_.—/—JI——1967
West Penn Potter 3%s xerieS I-—1966
Western Maryland 1st 4s_—/_/—1952
Western Pacific 4Vis inc ser A—2014
Gen
Low.
.
96 -.r-J")wi*
.■
107
107
A-0
F-A
RR 1st tef gtd
Gen mtge 3
.
"
Week's Range
Interest
BONDS
New York Stock Exchange
.
1
gold ^Vis—2000
Washington Central By 1st 4*—.1948
Washington Terminal 2%s ser A—1970
Westchester Ltg 58 'Stpd gtd——1950
•
No,
99 Vi
96%
';J "95
Jf-H
(subordinated)™—-1970
debs
Warren
V
99
M-N
^Walker (Hiram) G ft W 2%s debs.1966
Wfclworth Co conv debentures 3 %s_1976
HigK
Low
RECORD
Friday
Sold
_
t*
WEEK ENDING OCTOBER 3.
Range Since
January 1
Bonds
Bid & Asked
.
BOND
(1377.)
101%
A Bonds
selling flat.
NEW YORK CURB EXCHANGE
WEEKLY
in
in the
footnote
a
whether
York
v-'
■
'
■
Last
Range
Sale Price
of Prices
;;;.
Exchange
Curb
Low
Par,
:
Aluminum
Alloys———
_5%
1—1
—-1,
Acme Wire Co common-.——.— ...10
Adam Hat Stores Inc.————-- —1
Inc..^—.—
Investors
Convertible
Alabama
Alles
Power 4.20%
Airlines
Alaska
pfd——-
Altorfer Bros Co common
Co
of
Banco
31
Aug
Jan
v
11%
Oct
3%
Feb
7%
500
200
4
4.
5%
~5%
5%
I
47/8
81 ■■■:•
Feb
Beck
Feb
Bellanca
Jan-
Bell
5%
3%
3%
-
4%
6% July
" 1,200
3
'5
Jan
13
_*
56%
58%
4,100
103%
103
450
Jah
*
21%
22%
300
31
31%
150
18
..1
—
200
169% 171
2.%
2%
2%
80;
Feb
Apr
22%
Jan
"
32%
..100
i
86
52%
Class B—.—....—
5
>.i
American Fork & Hoe
American Gas & Electric—:
4%%
-
preferred—
Feb
100
Co.L—1
Mach
American Hard Rubber
/ American
Laundry
21
36%
36%
37%
5,400
111% 111%
50
111%
American General Corp common:
10c
■$2 convertible preferred—.^—
l
$2.50 convertible preferred—
1
,
2,400
19%
2%
2%
19
32%
32%
33%
-*
19%
19%
19%
,!
American Maracaibo
American Metal
■
American Potash
Class
B
& Chem class
2%
24%
23%
45%
American Thread 5% preferred—
American
Anchor
19
"I-
~1%
56
56
2
...
preferred
'
Arkansas Power & Light $7
Aro
48%
32
•
;
<•':
30,700
:/
1
100
/
42
7%
500
6
%
3,700
i
ft
6%
3%
9
300
-
6
'
Refining Co.—
Line
,_1
:
:
Avery
Corp warrants—
6%
35% Jun
2% Jan
12%
2,700
10%
100
11% Jan
11% Feb
7% Jun
18%
11%
12%
5%
May
37% May
300
8%
-
Apr
37
Feb
17%
Jan
22% Jan
20
Oct
5%
Oct
Jun
26%
Jan
.10% Jan
6% May
14% July
200
22
Feb
33
Jan
36
Feb
—
25
Jan
—
19% Sep
14% Aug
21%
Jan
13
20%
Feb
4%
Feb
•
—
/
f
--
.
13%
500
2%
13
Brown Forman Distillers—.—
1
22
Brown Rubber Co
300
Sep
(E L) Co common
Silk Mills Ltd—
21
:
Corp Amer dep rets—
Burma
Jan
Sep
July
27 Vi Mar
1% May
15% May
2% Mar
22
-
2,800
*
23% July
9
Feb
5% May
200
8
Jun
47
25
Feb
10%
Jun
26% Feb
12% Feb
40%
200
11%
11
11%
1,500
17%
17
177/s
1,400
15% May
10% May
% Jun
3% Sep
40
14%
%
%
3%
—
12 %c
25c
3,200
X
3%
;
200
15
2,000
19% Mar
15
Feb
Feb
Feb
9%
Feb
9 %
Jan
%
Oct
7%
Jan
'
50c
Cable Electric Products common
July
3%
„
3,800
110
?'
60
2,800
114% Mar
;Kv
—
6 /',
.
■
8%
.
;
5Vi
55%
:
9
100
»-/;
.
6
56%
5%
5%
31%
32%
5%
;•
1 100
1,600
75
,
5%
32%
1
.5
preferred—
1
10%
Jan
110%
Jun
9% May
10%
Jan
6% %
' 13%
200
3%
.; 4% Apr
Jun
6% July
:
Canadian
11 %
Convertible
July
Class
Mar
114
Class B
Feb
14%
12% July
A
Canadian
preferred—.
Industrial
5
Industries Ltd—
*"
Sep
% May
4% Jan
5% Aug
50
Apr
11% May
1%
Jan
11% July
9% Feb
63
July
6
..
/
*
Carey Baxter & Kennedy Inc
...—1
Carman & Co common
————10
Carnation Co common
Carolina
Power
7
Feb
Carr-Consol
37
Feb
Carreras Ltd—
ft
Light $5 pfd
Biscuit
Co..—.—
*
~*
1
9
Jan
7 %
Feb
10% May
Feb
24%
27
Jan
Castle
55%
Oct
Catalin Corp of American
Oct
Central Ohio Steel Products
200
31%. Feb
3,800
37% May
56
52%
56
Carter
(A M) ft Co—
Central
Maine
Power
.10
-—1
,
/'?■■■;
—
—
/
Central Power
40%
40%
100
40
Sep
42%
Jan
—100
—1
& Light 4% pfd——.100
12%
12 Vi
12
12%
;
Central ft South West Corp.—/—./—*
20
Jan
26
May
22
--
May
22
May
12%
400
9% May
15%
Jan
12%
100
9V8 May
15
Jan
Jun
165
165
--
--
1%
33 Vi
7y4
1%
—
__
1 /4
35
7%
125
33%
25%
49
27Vi
210
—
—
23
700
51
—
8%
8*
43 Vi
115%
7%
6,900
8%
Sep
32% Jan
July
51
Feb
119
Aug
July
Sep
20
Jan
Jan-
,
■.
1%
10%
—
200
33%
9%
"
1%
34Vi
10 k
,
19V'4
18%
rr,.
—
9%
19/4
9 /8
10 /a
3
Apr
100
9
Apr
11
Mar
6
May
9
Jan
150
30
May
43 Vi
Feb
9% May
17%
Feb
4,600
,,
87% 88
1% Sep
800
10%
6/i
6
6%
34
10%
Jan
Mar
10% Feb
6% Jan
2,300
Jun
3
45
l%May
1,500
51
27%
—
23% Mar
May *
'' ;
Co—
preferred—.——;
Jun"
/ Jan
:/ 26
—
=
3.50%
,
Jan
5% Feb
—
2s 6d
dep rets B ord
Amer
(J W) Co common——...1
Casco Products common
*
Jan
^
'"
-
16
14%;.;
55
20
~
•
55%
55%
56
___30
Capital City Products—.—
—;
-
Mar
10
■—
—
\''
21%
"'/■■■
1
3% May
1,100
;
8
2% May*
1,400
100
24% May
5% Sep
5% May
X14
.
v
preferred—
7%
2,700
900
14%
3
r /.c
——*
:-*
.
8
2%
—
•
voting——
non-voting
77/a
7% May "
1,100
—
—*
Alcohol—
~
2% '£*■■■
3% Mar
2% July
6% Jan
—
77/a
—20
.....*'
Canadian Canners Ltd—
'
——
*
*
preference.....——
Feb
6"% July
B
Babcock & Wilcox Co..:
33.
....
Bread Co Ltd———
5,000
•
25
preferred..—./
Camden Fire Insurance—
—
—
,
—-1
Power
8%
3% May
3% May
500
12%
Sep
4% May
:
—
Corp..—1
Canada Cement Co Ltd common
9
'
Baldwin Locomotive—
Electric
Tungsten
Canada
15,100
"I
1
i
For footnotes see page
California
Feb
£l
:
& Sons common
_£l
1
Feb
5%
.__*
-
/.
5% pfd
Calamba Sugar Estate..—:
American dep rets
5%
5%
-12
24
Jan
Feb
13 % Aug
12% May
* —
Sep
1 % Mar
7
Jan
5%
Apr
Jan
32
40
1 ?—
Burry Biscuit Corp..
Butler (P H) common—
1%
2%
23
/;
7%
-5
—*
Co
Feb
63
•
i-
%
'
Buckeye Pipe Line
*
Bunker Hill & Sullivan——■——2.50
Feb
6%
2%
1
common
10%
2,000
Feb
Jan
4
23
8%
132
Jun
11%
• —
Jan
55
May
14% May
17% May
.1,300
7
Jan
4
14% Jan
15
Apr
10
1,300
5%
11%
24% Mar
May
116
W/ ;
Canadian Marconi
Ayrshire Collieries Corp—
7%
3
200
—
7% Jan
Voting Machine.—.—.....*
(B F)
3,700
10%
'—
—
3% May
30
6%
111% 111%
10%
10%
12%
Co......_./_.._50
Automatic Products—
Automatic
300
8%5
3%
18%
—
23%
May
% Sep
5%
■'
.Associated Tel ft Tel class A._—.„*
Coast
8%
7
3
11%
:
21%
*
/
200
5%
10%
:
Atlantic
Sep
16% Sep
7% May
6% May
100
17
/
10c
rats or<t reg—
2,700
5%
111%
/Atlas Plywood Corp.,—
•
Sep
Associated Electric Industries—
Atlas'
,
3%
9%
116
110
"6%
"5%
;/i Atlantic Coast Fisheries—,
«
8%
: J
3%
12"%
10%
:—..——•
Amer dep
Class B_
43
Sep
Apr
May
4% Aug
7% Jan
9%
2.50
American dep rets reg—..
>Associated Laundries of America
>
1
29,500
1%
180% Feb
23
Feb
Sep
Apr
May
16
British Celanese Ltd—
43%
May
29% May
16% May
3,100
••;
16%
8%
British Columbia Power class A—.—*
Burd Piston Ring
Jan
2% May
400
3%
pfd—*
Equipment Corp
ft
Jan
Jan
...10
•-
Oil
Feb
24%
15
16%
Common class A non-voting
( Ashland
19% Sep
37%
35
300
6%
Arkansas Natural Gas common.——*
■
Jan
Callite
Appalachian Elec Pwr 4%% pfd
100
;:, Argus Inc.—__._l
>
Jan
51
Bruck
9%
:
—
h >
;
49
:
17% July
4% Feb
24% July
4%
% 7%
%
—.1
common
—
J
May
3% Jan
32 % July
100
1. '
8%
1
£1
£1
ord reg—
Amer dep rets
Apr
9
7%
rets ord reg
£1
Angostura-Wupperman
__1
Apex-Elec Manufacturing Co./.—.2.1
i-
v
Jun
Amer dep
.
31
60
'/•
•'
rets ord bearer—
14 %
Anglo-Iranian Oil Co Ltd—■
•
Jan
Amer dep
28%
4%
9%
British American-Tobacco--*
-
Bruce
3%
5
136%
60
20%
Feb
8% Mar
23
Jan
*:
3% Jan
113
29% May
,18% Sep
1,000
--
500
2
20
20%
Jun
May
1% July
16
Cables ft Wireless—
Products
Rights w i_.
',-Angerman Co Inc
:
17
1
Writing Paper common—5
Post
35%
56
Republics..—.../...—.
10
American Seal-Kap common...—.—„2
Amer Superpower Corp com...
10c
$6 series preferred...—
-
35
34%
19 /// r
American
>
34
35%
43%
Jan
-3,600
34
;_*
Feb
300
45 %
1%
136% 139
■19% Jan
7% Feb
May
6
"
,* ;;;■
* *
British-American Oil Co—i*—
1% Jan
100
24%
45%
600
1%
1
i——!
;
100
3
18%
Apr
6% Feb
5% May
9% May
*-
Aeronautical—--1
400
-
>2%
♦
500
Sep
Sep
13%
700
15%
2
A
*
•
31%
15%
,.*
Products Co..
American Meter Co—
•
31%
15%
Jw«.
.1
-
17%
20%
-•
-*
Corp common
Class A
Sep
7%. Jan
2% May
42%
350
19
..20
6%
preferred..—
25
American Mfg Co common..........25
200
'
Bridgeport Gas Light Co.———-i——* •
Bridgeport Oil Co.
*
Brillo Mfg Co common.../
j
♦ ':
May
23
May
36% Sep
110% Apr
43%
..25
—
4% May
% Jun
-
50
44
American Light & Trac common——25
•,
90
52%
17
800
2%
44
44
550
11
,
16
1st preferred
Brewster
Feb
3% Mar
Mar
400
5%
\i
ft
6%
—
5
/ Jan
50
'
21
.10
—...
>
It
t
*
common
5%
5%
v
American & Foreign Power warrants.
-
70
378
86
52%
6%
-
•
—
.
—..100
Borne, Scrymser Co.
25
Bourjois Inc..—
;--*
Brazilian Traction Light & Power
*
Light—
-Class A..—.———
:
100
10
...25
-
American Cities Power &
i
2%
2%
9,700
—
"
1
1
(Philip)
1%
Sep
Sep
195%
/
2% May
2% July
'
American Beverage common.... 1
4%
—
3
—
& Co Inc.—1
Blumenthal (S) ft Co common
Bohack (H C) Co common—
Blum
Jan
105%
161% May
4,200
'
American Book Co..
4%
—1
—.—100.' 136%
Blue, Ridge Corp common
Feb
;25
Feb
19
•
Blauner's common—...
Feb
23
>
48% May
102%
July
3% May
y
Feb
.
—
Inc common——1 :
Birdsboro. Steel Fdry ft Mach Co.com.*
11% Jan
5 "/■ Aug
^
.
Aug
15
600
•:.T9-;y-;-20,:;:
171
Co
,
l v
1
1
1
Canada—
of
13
8
4y8
1
Bickford's
Sep» V -108^ ^Jah
;
5% Jixd
May
-
'
High
v
—
,
<
5
common—
Aircraft common.^—
Tel
Low
9% May
*
6% Aug
58%
Range Since January l
'
Jun
85
103
preferred.—100
Car
.
Berkey & Gay Furniture—..—,—1
85
common
Bantam
,
(AS) Shoe Corp——
Breeze
American
;
.1
;
Benson, ft Hedges common.....—..._♦
Convertible preferred
*
Jan
9
Jan
10
Beau-Brummel Ties
38
July
Sep
3% Sep
1,000
Feb
4%
3% May
1%
6,700
-
Feb
12%
31
2
1%
1
L.—
15
(
Jun
High
■
.
,
Corp.—...
Steel
"'■Barlow-'ft'Seelig-Mfg-1'
$1.20 convertible A common—
Basic Refractories Inc.——
Bauman (L) & Co common.——;
■
/
Shares
,'
shares....—
American
Low
1
de los Andes—
Barium
Feb
3%
Sep
10% May
1,700
3%
3V4
r
.
.5
.
Ltd
Feb
2%
;
'
2
1
/ Aluminum Goods Mfg—..—;
Aluminum Industries common—
Aluminium
10% " "V
8%
3V4
'
common.—*
America
cumulative
600
400
1
Allied Internat Investing Corp.—.
Allied Products
(Mich) common
$3.75
V
100
—
& Fisher common.
Aluminum
Jan
Aug
for Week
of Prices
'
5%
2'
Sales
Range-
/
Bale Price
Par
12%
6% May
/:
'
v
V„,V
May
23
■
700
■-
13%
13%
'•
50
*
—
2%
10%
10
——
Inc.
/_ '
2%
/
300
4
3%
Last
Curb Exchange
New York
*
Baldwin Rubber Co common—
3
700
iM ;
7
3%
13V4
Appliance™... —r-3
Electric
High >
/
4% Aug
200
*
2
common—.———
Alabama Great Southern—
'
'
—50c
Aireon Mfg Corp common—
—
60c convertible preferred..—. —10
Air-Way
:
5%
■■?/! 7
2%
1
preferred
4%
: -
"1—5
—
.
•
Agnew Surpass Shoe Stores—
Ainsworth Mfg common—
Air Associates Inc (N J)
Range Since January l
Low
3%
*T.•'
-
~7
1
Shares
High
3%
"
—1
Supply Mfg capital stock—
Aeronautical Products
......
Week's
Friday
STOCKS—
for Week
;
'
%
ACF-Brill Motors warrants—
Air
,
ENDING OCTOBER S
Sales
Week's
Friday
STOCKS—
New
range are shown ;
,
RANGE FOR WEEK
.
Aero
the week, and when selling outside the regular weekly
the New York Curb Exchange for the week beginning on Saturday,
and ending the present Friday, Oct. 3. It is compiled from the daily reports of the Curb Exchange itself, and is intended to include every security,
stock or bond, in which any dealings have occurred during the cur rent year,
; •'
>
'
\
'*
Sept. 27,
Acme
RECORD
YEARLY
extensive list we furnish a complete record of the transactions on
In the following
r
AND
delivery sales are disregarded in the week's range unless they are the only transactions of
week in which they occur. No account is taken of such sales in computing the range for the year.
NOTICE—-Cash and deferred
•
87
70
-
600
■
22,100
Sep*"
15% May
98%
Sep
8% May
96% Feb
21% July
Jan
102
11%
Feb
30
(1378)
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW
YORK
Friday
STOCKS—
New York
Week's
Last
Range
of Prices
Shares
Par
{Central States Elec 6%
7
preferred
Cessna
Co
Co
of
1929
10
Consolidated
ordinary
Southern
4%%
38
Jan
18%
Oct
B
..
{
16
100
130
2
Jan
Jan
15
19
100
9%
66%
200
10%
150
3%
3
3%
3,800
2,900
7
7%
2,400
Feb
4%
5%
4,700
343/4
800
.25%. Jan
5%
2,100
3% May
A Aug
33
33
5%
5%
T^ I
332
31%
1J
e%
200
%
31
«»«•
36,200
4,700
%
ZY
%
,
S
;J
8%
200
%
,
100
%
71% V
116
70%
116
71%
116
1,000
Yr
100
5% Aug
Jan
Feb
800
11"%
12%
3,000
7%
Jun
12%
2%
3%
200
2%
Sep
3% Aug
19% Feb
10c
1
&
•
Varnish
Co..
Cooper Brewing Co class A
1
com...
Co
•
*
Cosden
»
343/4
5%
convertible
Courtaulds
May
3% July
34% Feb
21% Apr
j
_
14
10% May
26
A
12%
35%
<3%
900
3%
10%
10%
2,650
%
2,100
May
Sep
8% July
% May
I,700
9% May
z
%
12
3%
4%
5o
3%
2%
i
200
5
3 %
250
36
Sep
41%
''!•>
Feb
3% Aug
11
___1
.
5%
Stores
•v
10%
Jan
31%
Feb
300
7%
Sep
14%
Feb
29%
29%
50
29%
Sep
38%
Feb
63/4 May
16% May
12%
Feb
29
Feb
9
7%
4 450
27
73/4
25%
1
9
20
1,400
25%
26%
250
2
8%
9%
1,300
5%
6% May
"9
-z U&
)'
Feb
104 %
4
Fireproofing
May
934
Oct
2 I- May
8%
Jan
4%
4%
4%
2,800
s% May
6%
Jan
25%
243/4
32%
Jan
25
*8%
1
10
26
V
300
pfd
Public
General
convertible
$6
preferred
Gilbert
*
Mines.!
"1% "3%
95%
..
95%
1
5
-m.
Alden
89
99% Aug
Sep
115% Mar,110 %
•
v
fc-'Z'-.'-VV
•'
4% May
Jun
'"6%
13%
53%
40
23%
22
23%
700
_•
20
■
19%
20
1
13
v-X
12
13
5
13%
13
1
33/4
Mar
22% Feb
64% Aug
'
52% May
:
Inc.
common..
17%
Jan
Sep
29%
Apr ■:■
18%
Jan
25
Feb
16
4,700
Jnn
27%
s
Jun
Y' 20
$ Oct
3,200
13%
900
3%
3%
1,100
58%
58%
34 /■
34
99
99
9% May
;
:j
Jan
Y 13%
i>
(Adolf) Inc
Sep
Jan
.63%
2.50
Glenmore Distilleries class B
Gobel
Mar
-i
Feb
Jan
4
r.110%
Y 1,400
6%
5
May
111%
•
l
Corp..
Coal
Globe-Union
3
50
Gilchrist
Harvester
May
25%
96%
—
mm
.
.mm
Co
Gladding McBean St Co
109
Jan
v
30
111% 111%.
■Y;-""*.-V
•
Jan
18% May
300
--
_1
(AC) common
Glen
24
89
—
•
Preferred
Jan
600
Jan
0% Feb
31% Aug
*103 3% July
II
•
...
Giant Yellowknife Gold
500
20%
9%
May
7% July
preferred..*
Georgia Power $6 preferred
$5 preferred
..
31
19%
Jan
14
6
250
30%
,
19%:
Shareholdings Corp com.-i-.l
Service
900
83%
mm'-,
1
General
8' :.-Y
303/4
100
:
10% Aug
"*8% "5%
'M-
mm
*
common
Feb
6,500
700
-Y
£1
-
•••
Gleaner
Oct
19 3/4
Apr
'2%
25/s
.1
Amer
Jan
14% Aug
Feb
Apr
2%
•
Supply Corp
1% "9%
11%
15
94
...1
...
preferred
conv
z';
mm
♦
.
100
Alloys Co
Feb
46% July
v
Jun
Sep
7%
23%
General Electric Co Ltd—
Feb
5
Jan
1,000
Mar
7%
27
1
Mfg Co common
4%
May
9%
Oct
3
Sep
5o
preferred
1%
Jun
9%
23
1
1.25
preferred
conv
15%
11% Jun
11,500
46%
-
3%
900
13"%
4%
45%
Ltd^—«
500
13:
13%
1
preferred
700
93/4
..
preferred
class A__
Petroleum common..
'•
13%
._
IBo
Inc
Corroon & Reynolds
$1
2 %
'
27/a
Fdy & Machine Co
Cornucopia Gold Mines
Cord
12%
1
Corp
1%
(Peter) Brewing
$6
Textile Co
Car-Na-Var
dep rets bearer..
General Outdoor Adv 6%
General Plywood Corp
27%
Range
18% Aug
General
600
Copper
175
Feb
25/s
Paint
23
Jan
2%
Cook
21%
Jan
26%
Continental
23
9%
27%
Continental
Feb
•
85%
675
Consolidated
voting
110%
71%
*
B
Mar
69%
10
20% July
Apr
Jan
83% Jan
71%
Consolidated Steel Corp common
Jan
Jan
6%
118%
108
43%
20%
Garrett Corp
common
Gatineau Power Co common
Jan
2
"9
1,900
1% May
Sep
General
1
~9 ">Y "9
4%
Jan
Jan
18
4%
23/4
40
-
Sep
Jan'
5
z
175
4%
Jan
Consolidated
Mining & Smelt Ltd
Royalty Oil
700
16%
Gellman
Consolidated Gas Utilities.Consolidated
2%
41%
Feb
10%
v
2%
41%
41%
600
Fuller (Geo A) Co
43
68% May Y-.
Feb
400
dep rets ord reg
General Finance Corp common
5% preferred series A
115% Mar
Jan
64
17
x7% May
63 % May
>
40 I
14
Aug
Feb
2%
Jun
Jan
Sep
45
16%
Feb
34%
Apr
22%
11
20
16%
Fort Pitt Brewing Co
A Jan
% May
34%
12% May
2,300
♦
General Builders
8%
3,300
11%
July
36% July
Sep
16%
47
£1
Feb
7
30% Jun
:
Feb
Feb
non-voting
Franklin
8
.
9%
3%
30 % Aug
Apr
11%
-
1
Franklin Simon St Co Inc.
11%
Aug
:
A
Fox
Oct
4%
4% May
3% May
7% May
2
May
21
v
13%
-
300
47
11%
1
10% Aug
9% May
3
May
400
11,800
(M H) Co—
4%%
9%
8%
3%
28%
15%
10c
to $1 Stores.
Amer
Jan
144
6% Aug
16%
-10
preferred
cum
8
3
'
Ford Motor of France—
Jan
15%
Jan
Y 7%
High
Class
Jan
3%
Low
Class
Feb
3%
Range Since January l
High
28
-II
(Phila
Amer dep rets ord reg
Ford Motor of Canada—
Feb
11%
Jan
580
-v 144
8%
100
div
5c
39% July
13% May
1% Sep
1% May
18,700
7%
/:
% Z
C
148
10% May
8% May
700
2%
ll3/4
93/4
—
23%
100
100
11%
■■
141%
1
preferred
series
$2
Fishman
1% Mar
May
6%
•
Association
77%
93
22,300
12
10%
16
»
preferred
38%
12
Coke Secur common
series
353/4
10%
warrants
Bait common
Feb
May
43/4.;,
preferred
14
May
z 7%
1
Feb
1
r
7%
25
3.
__1
Fire
8%
1
8%
__1
First York Corp common.
1
25
—1
Engine St Airplane
Brewing
Fansteel MetallurgicaL
Fedders-Quigan Corp
Ford Motor Co Ltd—
1%
_
Fairchild Camera St Inst Co
25% Aug
600
Low
Fairchild
Feb
14
475
660
2.
•
common
Community Water Service
Compo Shoe Machinery—
Vtc ext to 1956
"i
4%
!
18 3/4
1
1%
116% 127
Shares
Falstaff
Jan
Jan
Mar
1
&
F
18
1
2%
& Iron warrants
L
'
1%
2
*
Community Public Service.....
G E
18%
122
for Week
F
4%
25
Sales
Range
of Prices
\
Par
23%
.
Week's
Last
Sale Price
Y
.
Exchange
Curb
Jun
22%
.
May
70
100
.
,
19% May
4
Manufacturing Co
$3
12
100
1
Airlines
Conn Gas &
50
200
York
Jun
83
7
July
13
1
Commodore Hotel Inc
Consol
18
70%
_
Colonial Sand & Stone Co..
Commonwealth
400
25%
5
...
24%
Jun
13
10
Club Alum Products Co
Colt's
20
2%
25%
1
Clarostat Mfg Co
Claude Neon Inc common
Colorado Fuel
900
70%
Z—
1
Development
60
50
3%
19
.10
& Lambert Mfg
Clinchfield Coal Corp
Y 'Y
703/s
j
4
common
Clayton
710
'
New
High
11% May
46
May
12
Apr
12% May
25%
Clark Controller Co
Colonial
20
"
100
City Auto Stamping
City- & Suburban Homes
Colon
3%
575
5
Mining
Cockshutt Plow Co
20
3%
•Z Friday
10
.
SChilds Co preferred
Cities Service
20
19
■
16% Y
16
'm— '
1
5
Chesebrough Mfg common
Chicago Rivet & Mach
9
STOCKS—
Low
21
66%
VY
..
100
common
America
OCTOBER
Range Since January 1
High
17%
76
■
100 Y
„
Charis Corp common
Cherry-Burrell common
Chief
21
100
Aircraft
Chamberlin
Low
100
preferred
70
Conv pfd opt div ser
Conv pfd opt div ser
ENDING
Sales
for Week
Sale Price
,
.
Exchange
Curb
EXCHANGE
CURB
RANGE FOR WEEK
Monday, October 6, 1947
Mar
"; 14%
17
'13
Oct
3% May
.
-j
.
Jan
<
Jan
5%
*
"
American
Creole
dep receipts
Croft
5
ZIIl
;!
Brewing Co
Crosley Motors Inc..
Crowley Milner & Co..:
'
"
Crown
Cent
Petrol
Cork
International
Crown
Drug
(Md)
Cuban
Atlantic
5%
-5/
33%
1%
8
5%
500
347a
1%
'■?
5,600
,:sv*
6%
v
II,100
Y300
Z 600
-
6%
4%
6
7,300
1% IZ
common...
;•
1%
4
100 ;i
10
preferred
Sugar
5
'
Lighting Inc common
Curtis Mfg Co (Mo)
Godchaux
V
*
Sugars class A
"
$4.50
Z*
preferred
prior
Feb
Feb
Goodman Mfg Co
6% Feb
.
18%
Dennison Mfg
,8%
Oil Co
61
pfd. .25
18 S/8
15%
18%
3,000
73/8
7%
8%
300
83/4
8
8%
1,000
ioi%
150
Rapids Varnish
Gray Mfg Co
18%
Sep
104%
Oct
107
Jan
-•7%
17
Jan
Great
5% May
10% May
8
Feb
Grocery
Feb
Gulf States Utilities $4.40 pfd
13%
100
class A
Detroit
Gasket
Detroit
Gray
common
&
__5
8
Manufacturing
Foundry
Products
Devoe
&
Diana
Stores
Corp
Co
new
1
conu
Ltd
26%
14%
Domestic
Co
50c
Jan
Non-voting
{ *
stock
common
1st preferred
Northern
Dominion
Tar &
Dominion
1
Textile Co Ltd
Chem
Co
Ltd
Duke
Power
Amer dep rets ord reg
Durham Hosiery class B
Test Corp common
38
*
:
10%
Stores
100
Paper
Products
12%
155
May
19%
19%
300
6%
6%
1,600
16%
600
11%
12%
1,100
3%
3%
2,700
1,400
15%
"3%
Hamilton
Hammermill
Feb
Apr
17
May
July
Sep
14
Feb
2% May
17% Aug
20
Sep
16
Feb
7% Jan
% 17%
12
69%
71%
96
Bridge Co Ltd
96
—
Hearn
Eastern
Malleable
Eastern
Class
11%
Sep
19%
Feb
Heller Co
2V2 May
4%
Jan
>*».>
4%
'
$7
Com
shares
of
.III
*
beneficial int
33%
Feb
Electric Bond & Share
Electrographic
Electromaster
$3
convertible
;
700
preferred
Ltd
Pipe
Line
For
footnotes
_
53-
page
10
33.
Oct
Feb
14
Feb
112
July
3
72
56%
12%
13%
55/8
~3
Sep
May
% May
10% May
18% Feb
Horder's
233/a
10%
Hardart
6%
Feb
15%
Jan
Horn
&
Oil
97%
May
May
Jan
8"% May
A
July
10
Oct
10:%
10%
600
Jan
Sep
Feb
Sep
100
8%
...
6
Jan
Jun
May
112 May
28
50
Feb
*
Mar
111
Jun
1% Aug
43%
I^Z ['"Z
103
78
78
.
10
:Y YY
30
10
1,800
21%
l.yuo
54
9
9%
.
10
20
53%
21% :Y
9%
150
-:Y,Y
93/4.
T 10% Sep
25
Jan
16
Jan
f:
13%
Feb
9% May
101 % May
107
Jan
Oct
85
Mar
Jan
.15%
,19% May
X35%
Co
stock
-393/4
_l
37%
40%
90
300
38
^^
35
mm-
■
'■
V •
35
65%
1
Feb
Jan
'27%
Jan
23
Aug
Jan
41%
Aug
68%
.
Y.I
.
;
Y 150
4,600
28
Apr
r-9-^
Feb
Apr
72% Aug
•55% Apr
9%
Feb
5%
300
4%
Jun
123/4
1,000
12%
Sep
14
42
42%
200
42
Aug
47%" Feb
Jun
15
Feb
10%
Feb
5%
;
"9
:
9%
1,800
7% May
46%
47%
150
27%
100
31
51%
37% May
27%
*
July
,
(
1
Feb
Sep
3%
Feb
May
49%
Jan
V
<
'
.
I
.
'»!■
;
•
Illinois Power Co common
28%
28%
29
4,200
25
—150
563/4
56%
573/4
Zinc
1,900
12%
12%
13
1,250
Co common
May
84
May
12% Sep
6
& Ireland
pfd. .100
Insurance Co of North America
..10
Preferred $3.50 series
11%
3,200
11%
400
10% May
11
300
12%
Sep
14%
Feb
Sep
-21%
Apr
; ;
91
143/4
69
69%
Oct
111
1,000
105%
87%
143/4
85%
Sep
100V* Mar
100
143/4
Sep
21
900
45% May
70
Sep • '
25
29
Jan
30
102
Jan
"
!.!
,
-
•
i
International Metal Industries
I
.
Jan
102
90
Cigar Machine
Hydro-Electric—
..50
A
69
1
•
Apr,.'14% Feb %
14
Feb,
10%
-£1
—
;
'
'
6%
12%
10%
U
>i
'
11%
Zs
Apr
t; i
Jan
11%
Registered
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
International
10%
Feb
1
21% Mar
ft
£1
:
31% July
55
.*
convertible preferred
International
3% Sep
.
'
Indianapolis Pwr & Light 4%
12
Feb
*
12% July
2% Jan
30%
Feb
43
116% July
3 6'/a Aug
Mar
5%
\
Z-Iv" ";l
46%
181
Jun
34% May
2%
53%
Jan
Jan
Jun
37
12%
■Y " --V
123/4
..5
—
6%
113
'""T-
—
Feb
Apr
4%
•
warrants.
Feb
10%
7% May
155
38
66%
___•
Feb
Aug
20
*
preferred
57
Mar
23%
39%
5
common...*
8%
49
100
i
Co—:
78
600
mrn'
;—i
Refining
Refrigerator
Common
■;
II
Imperial Chemical Industries—
Amer dep rets registered
Imperial Oil (Canada) coupon
4%
200
103:
5
Illinois
24%
22,900
103
Feb
13% Aug
14% Mar
May
13
10%
100
Sep
Feb
21%
8%
17%
Sep
150
'
*
Inc
Jan
7%
2% Aug
3%
28
17%
155
May
2% May
200
3
..
Sep
59
Sep
10% Aug
115
200
Feb
/ Feb
9
May
14%
6% May
3,900
28
$2.25
50% Aug
3% July
Aug
42% May
17
1%
8%
*3%
Jan
74
&
Lock & Mfg
Hussman
15% May
43% Aug
10%
10%
83/4
800
_•
common
(Harvey)
Jan
100
45%
13
1
1,800
•
preferred
4%
3,100
1%
1 -Tl
1
1
•
Hygrade Food Products
44%
1,700
4%
9% July
12%
1
& Co common.
Horn & Hardart Baking Co
77% July
101
1%
9
Feb
Feb
5
6% May
Apr
10%
1
10
A)
74% July
90
1
—■•
(Geo
May
200
8%
Sep
Feb
Oct
70%
7%
13%
100
100
Inc
Hormel
May
mi
3
21%
l
1,300
8%
36
Apr
13
1
1% May
29,200
"i
••••;
2% May
2% Sep
12
Holly Stores Inc
5%
150
300
2%
va 4^
55%
12%
Feb
50
700
143i
Jan
May
Apr
40
3,200
Feb
'15% Feb
5% May
wiu'6
48
25
9%
X25/0
-•'Z-ir
106
May
Aug
275
58%
9
9
28
1
00
5
35%
'
1,000
1,700
36
2
common
Huyler's common
1st
preferred
Hydro-Electric Securities
1,300
1
114%
Oct
*
Hollinger Consolidated G M
49
•
108
f 15% Jan
Yf|§ZY'
333/4
—
._*
Jan
81
69%
130
«...
36
25c
A
79:
2% May
25
109%
13%
9
Feb
200
-YY
Apr
July
9% July
11% Jun
5
Feb
4
800
95% May
100
200
Jun
1,000
68
mm
1
.IIIIIIIl
common
see
V
72
147
1
.
Corp
Eureka
Sep
10%
2,900
17%
11% May
50
Inc
Eureka
12%
»
IIIIIIIl
Hill
IIIII10
Inc
8
10%
334
94
13
58%
Empire District Electric 5% pfd__I_100
Emsco Derrick &
Equipment
5
Equity Corp common
lOc
Esquire
70%
23/4
-9%
5
May
9%
145
57%
25%
Jan
7%
8'5 %
55/8
Corp..
preferred
3%
72
68%
l
common
7
Y 47
56%
Sep
May
96
I.
5%
3"
53
:
Elliott Co common
5%
71%
•
Light 2d pfd A
Option warrants
1834
Jan
Zy 3%
Jan
67
1
pfd shares of beneficial int
Easy Washing Machine B
Jan
May
9 3/a
Jun
57%
preferred w w
4% preferred w w
Henry Holt & Co common
Heyden Chemical common
Hoe
(R) & Co class A
25
82%
*
II
$5
Electric Power &
3%
*
preferred series A
Jan
62%
39%
;/■. 3%
10% May
;
25
$6 preferred series B
Eastern Sugar Associates—
81% Aug
15 %
47% May
133%
108
_1
Holophane Co common
loo
Iron
Jan
90
1
5%%
Hurd
States Corp...
Z 1%
150
25
Rubinstein
Helena
Feb
Humble
100
Light
Dept Stores common
Mining Co
Feb
12
1
prior preferred
preferred
Jun
% May
Zx
Jan
Apr
7% May
700
•
.
Hubbell
4%%
i
Hat Corp of America B non-vot com__l
Hathaway Bakeries Inc
t
1
Hazeltine Corp
*
5%
6%
104%
44%
"mm
10
Harvard Brewing Co
19
425
*
•
Sep
Sep
99
44%
'_*
Paper
Electric
Hartford
20%
39
£1
East Gas & Fuel Assn common
«1%
<Y 34%
44
—:
135% 138
M
Hartford Rayon common
Feb
12% May
1,400
' ■•'Z
100
76%
11
100%
mm
44%
common- ,25c
24%
12
Z*
Sulphur
Jun
25% May
48
Feb
3%
Sep
4% Apr
33%
*
common
V;r
H
Feb
11%
15
:
''y'mm
.25
.
Hall Lamp Cn—
Jan
10%
500
16%
Ltd—
Duro
Texas
16%
**2% ~2%
♦
™
Co
Co
Aug
Jan
9%
16%
ZI*
ZIIlO
Co
Dunlop Rubber
Duval
1,100
•
Corp
Harris
11%
"2%
i
Corp class A...
;mm
Jan
Hecla
1
Bridge Co Ltd.__._4.
*
Dominion Steel & Coal B___Z__IIIl25
Driver
10%
£i
common
Credit
8
% May
9% May
150
~6%
-
«7%
Apr
6
Y-.
Dominion
Draper
ll%
May
6%
»
common
:;-<• '/>■>..
dep rets ord reg
Corp common
Dobeckmun
300
32
lo
Amer
Divco
7%
1
Raynolds class B
Distillers
7%
100
Iron
Detroit Steel
28
.7%
50e
common
6,000
:
59%
Grand
30
13%
"35
debenture
Derby
%
—5
Feb
4,200
2.50
Dayton Rubber Co class A
Dejay Stores common
n
-
.
.
61
-■
l
10
—1
2%
conv
7 % May
5
Brothers Inc
Z;
:io
Gypsum Lime & Alabastine
Davidson
%
;
19%
2.5o
Davenport Hosiery Mills
%"V"'
mm
—
100
■*mm
...
Gorham
Feb
Feb
'
25
-
-50
..
Gorham Inc class A
6%
33
'
wr
—1
1,1.1
...
.
Mfg common
Graham-Paige Motors $5
Feb
'f-.'-
j
'
Gold field Consolidated Mines.:
10%
20
'
mm
14%
-
I^YY;/:W-',;YZv
——...
Class B
104% 104%
•
Curtis
May
Jan
Great Atlantic St Pacific Tea—
19%
100
;
common
7%
35% Aug
2% Feb
h
16% May
3% May
1% Apr
21
Apr
800
1%
5
Sep
25% Jan
1% Apr
7% Sep 7
6% May -
•
25c
.....
Cuban Tobacco
1%
_1
___5
A
common.
Crystal Oil Refining
$6 preferred
6
34%
»
Crown
Co
"'I--
(ord reg)__£l
Petroleum
Apr
Volume
ENDING OCTOBER
RANGE FOR WEEK
Week's
Friday
shares
Registered
107a
_•
Petroleum coupon shs.
International
10 %
International Products
Safety Razor B—_i—,
International Utilities common-:—
%
15%
15
_»
International
2
10
trust ctfs_.
-
15%
11%
10 Va
16%
May
5%
*9% May
12%
^
30
19 Va
9%
150
;Il
4%
4%
-in
Italian Superpower
Sep
1%
300
%
400
18% May
24%
Feb
14%
1,100
12% July
1474
July
11%
200
10% May
12% July
24%
24%
13%
13%
11%
11%
v
■;" f V
7%
Feb
1%
Jun
Jan
Corp
Nachman
Inc
■■
„1
;
2,500
5%
<
Fuel Gas
36%
37
Sep
45
Jan
Jun
43
Jun
12%
1,900
12
May
143/8
9%
22%
Peb
National Mallinson Fabrics——
13%
143/*
1,000
10 Va
ll
4
4%
400
3%
Jun
7%
Jan
National Mfg & Stores common-,.
-
._1
Brown Stores common-
2%
2%
3,100
1%
Sep
6%
Feb
National Pressure Cooker common
-2
8%
9%
500
5%
Sep
18
Jan
National Radiator Co—1
36%
250
—4
30
Jun
preferred
24%
Julian & Kokenge Co
Jan
Steel
pfd—
Kawneer Co
8%
1
100
Corp..
& Electric 1%
123
18
Key Co common—
•
5
-
(Walter) & Co—i
Klrby
Petroleum
-
Kirkland Lake G M Co Ltd
Klein
100
Nelson
26% Mar
Neptune Meter common
Nestle Le Mur Co class A
26
Jan
New
10% July
14% Feb
New
'
300
11
15
-8% May
-::v
57
47 %
is;.:
10
:v
48
20
46%
"4% "4%
13
1,600
14%
1%
200
Jan
6
Apr
N
Oct
25%
Aug
13% May
Lake Shore Mine# Ltd-
————1
*'
-
Lane
-
Wells Co common
12
5%
Jan
Lanston
21
■
"
24
La Salle Ext University—
Leonard
Oil Development
Le Tourneau (R G) Inc
preferred
B optional warrants
2d
21
25
24
24
19%
5%
10
-
I
5
;.5
.1
20 Ms
1,600
Loblaw
Locke
Star
Corp
Gas
W
1.;,-8%
■■'
*
%
.
57%
1 \;i 15 .*
*
3,;—
2
—
preferred B ctfs of dep_*_
Louisiana Land & Exploration--—:
Louisiana Power & Light $6 pfd—*
Lynch Corp
—
•
B
1 Jan
Jan
Northeast
Jan
North
1
Sep
2
29
Jan
t. 19%
>
5
Sugar Cd warrants
Feb
Jan
Jun
26
Jan
Massey Harris
McAleer
11% Jan
% Sep
1 69
Ohio Power 4%%
Sep
11% Jan
r;
7
-16% July
lit
1,300
15% Jan
20
-
100-
20 V»
10,200
100
preferred
convertible
McCord
Corp
—
common—.;
•—x
7
8'/4
—
-Apr
Memphis Natural Gas
*
-
——1
Mfg Co
Chapman & Scott
Warrants
6 Va %
i
>
6
%
6%
1%
.C
100
————————1
A preferred————
Sep
2,000
*
.5%
13%
44
Preferred
6%
1-—2.50
8%
*
—10
2Va
I
7*8%
Micromatiti Hone Corp.
:
——1,
Middle States Petroleum class A V t C—1
'
B V t c
Middle West Corp—
Class
;
2
•
:
q?/a
V
50
■-
1$
11
Ex-dlstribution
Midland
$2
Steel
5
$1 conv pfd
£ 1 r'
Co
Oil
Miller
-.1*
10
Supply common
7
Feb
3Va
1
Jan
21% July
.
8% July
Penn
111% May
Sep
6%
Traffic
Wohl Co
7% Sep17a May
0
."m-
200
700
;
-
Circle
Pharis Tire
preferred—
—*
;
Utilities
—
Montgomery
Moody
Ward A
Investors partic
Morris
Plan
'May
8% May
8
Mountain City Cdpper common^-
Producers——
For footnotes see
page
100
14%
/'
■:
—
7%;7 8
'
—
8%'
3Va
'
12
3%
12
—
—:
:
Feb
4
4
ya
;
.
A
;
17%
Jan
,
Power
4%
V2
ill
9%
.
:
.
Jan
Oct
700
29 74
Sep
37%
Jan
4% May
874
Feb
600
Mar
116
12%
Jun
14
.12%
Jun
13% Mar
974
Jun
12%
Feb
9Va
Sep
16
Feb
;7%
Jun
,38%
Oct
41% Mar
Oct
38% Mar
--
Sep
200
Mar
Pressed Metals of
Mar '
Producers
V
.
Inc
America
1
Feb
Corp of Nevada
Prosperity Co class B
1
•
Feb
Providence
*
Jan
Public
194
.
Jan
July
41% Sep
% Sep
7,300
,
*
100
5%
Apr
5% Jan
2% Jan
8% Aug
10 % July
^ 3% Apr
5
57
•
Apr
27% Mar
Sep
247a
Jun
33/a
Jan
% Aug
Gas
1274 Jan
Apr
87a
Jan
15%
May
.52%
Feb
137a May
19 %
July
July
lli
—
11
12
6%
7
V
—
29
—
.
■
6
11
13
25 V:
—
7*7 50
26 Va
6%
7
3 ;
6,300
"
2%
2%
12 t'r*; H%
43'%
56%
—:•••*•
57%
9%
i
—
\
9%
—
;;
Jun
61%
Jan
V 25 Va
Apr
28%
Jan
574
Jan
Feb
11% Feb
•;
180
6
>
7%
11074 May
48/a
300
5 V '
58 ii;
114% Aug
574 Jan
Apr
Apr
56
9%
Jan
Aug
Mar
14
Apr
5% Aug
*
800
40
300
11
3,100
6
>
"
12% Mar
Aug
cumulative
preferred—
100
*
Puget Sound Pulp & Timber
:—.—*
Pyle-Nailonal Co common—.——8
Pyrene Manufacturing
—10
Feb
100
9 % May
13%
13%
200
12% Jun
21%
25
300
14%
3%
:•*%.—A.
43%
58%
97a
50
640
700
1
—
10
"4
Feb
43%
49 Va
Sep
6%
Jan
May
2%
14%
Feb
Sep
Apr
46% May
Feb
61
May
11%
Feb
4% May
14% May
7Va
Jan
"
8
—
j..'r
.
27a May
800
2% * 1,900
I2
V 1,000
Feb
July
27
Jan
——
<
Feb
3s/a May
;
6%
Jan
10 % May
19%
Feb
—
.7
:
12Va
123/4
10%
—
10%
'
127g
10%
1,300
75
—
y
'
-
40Va
72
10%
l'/s
15%>7,7* 13 Va
—
97/a
—
10%
lVa
16
35
100
7: 260
200
2,300
1,400
42
82
10
.
131%
Feb
94%
Sep
May
—
73%
72
1007a
-
48
Feb
Oct
85
Mar
9% May
35%
-..
Feb
Sep
Jan
Apr
10
Sep
85/a
450
100%
Sep
103 Va Sep
100 %
Sep
110%
.'.25%
Jan
38% Aug
9%
Apr
14%
May
11%
50
200
275
10274 102 A
357s 35%
1074 11
—■
Jun
2%
1774
1 Va May
200
'7
10074 lOlVa
—
1274
ll7/a
^
—
17
Sep
8% May
94 Va
Service of Colorado—
4%%
Puget Sound Power & Light—
$5 prior preferred
jan
69
63 Va May
550
1,000
Feb
47a
2 Va May
'-100
12
6%
11
90
May
7
1,200
rS.W*,
3ft
Jan
407a
—
—
Feb
i 59%
*,
57a
6
53 Va 54
5%
7
Mar
26%
111% 111%
58
,
Aug
15
'
24 Va
—
6
6%
lliy4
2
2.50
'
3
*
•
Prentice-Hall
15%
181%
'400
6
6%
-
105
9%
26%
—
1
105
Feb
ft
31%
17%
—
i:V
3%
May
Sep
31 % May
17
lm
-
:
Apr
Sep
12
—
29
Jan
102 Va
"VV
—
Feh
12%
103%
245/s
,
87a
9
35
—
%
31%
17
*
.
<
*
. —
common
Pratt & Lambert CO—
106'
2% July
100
Corp of Canada common
1st preferred
Feb
11
3
*-
Va
—i
common
Jan
SO
11%
1
25c
Alexander
28
May
700
&
10
6% May
2,500
-
9%
ay4 Jan
17% Mar
*81
9% Feb
6% May
2,800
3%
<
—
•
...
Mining Co__
Polaris
Powdrell
3% Feb
V- 81% May
6% May
102% Sep
24
35
50
50
Pittsburgh Metallurgical common
5
Pleasant Valley Wine Co
:
:
1
Pneumatic Scale common
!—10
4% Jun
1% May
1,800
3%
313/4 Feb
111%
25
77a
67a
200
38% 39 %
1,600
35 :'T- 36V4
500
103
103 V
20
103% 104 ; ; •;*
100
104
*
Pitney-Bowes Inc——
—
Pittsburgh Bess & Lake Erie RR
15% Jun
Jan
13% May
181% 184%
184%
,i<VI
Aug
8% Apr
12%
300
12
-
Apr
1% May
100
11 " ll'/s
9% 10%
38%
Piper Aircraft Corp common—.—_—1
July
33
2,900
8%'
v
160
~
V
--
11
2.50
Corp-,
Pioneer Gold Mines Ltd—
80% Aug
4,600
•
9*% Mar
57a Aug
21
300
Feb
46%
30 Va May
1,900 "
-
Jan
73/a
Sep
.
-•
—
& Rubber-common——50c
Johnson Ltd Amer shares
Pinchin
167a Sep
\
25% Jun
100
28%
2%
>
„10c ;.
,_5c
28%
7
8 V2
5
Jan
1,400
:"6%v~6%
v
—
,
:i—
Pierce Governor cdtnmon
Feb
6%
'
V.7
3;
*
—™—10
33.
14
106 Va
10174 Jun
110
Jan
Feb
7,000
i
24
36
111% 112
30% 31
5%
6%
6%
1
5 '7
1
Phillips Packing Co
20% Aug
-Feb>;,-V
8% Apr * ;%■•»% Apr
24
t
600
2% V 2%
9774
100
1% 1 1%
36
12% Feb
9
7Va
700
v
50
*
pfd_^^,
Corp of America-:
:'.V
14
■
400
s*
15%:
15
•■^2%
Molybdenum Corp—
—1
Monogram Pictures common—
—1
Monroe Loan Society A
—,1
Dakota
&
6s/a
P & L 5%
pfd_
Missouri Public Service common—
100
50
-25%.
10
Jan
1374 July
3% May
2,400
Sep
574
Mar
10
1,/' 100
'■>
7 V4
57/a
*31
1
——20
Philadelphia Co common
1074 Feb*
8% Aug
-
l2%lday
23,000 7
29
;
:
Jan
23%
111%
;—2.50
•
Co
(The)
Pepperell Mfg Co
.-j
3%
4
-L-
50c
common
Minnesota
Mountain
29*
43
393/4
37%
—
—100
pfd
Pep Boys
7% July
'
4%%
Penn Water & Power Co
Jan
43% Sep
.
Penn Power & Light
6% Jan
SO
Jan
700
V,
.
-16%,10%
Apr
106% Xl07%
V
36
Mills.————•
Pittsburgh & Lake Erie
_i
Refineries
•4%%-convertible
,!
*—50c
—
-
Sep
307*
*
Peninsular Telephone common^—.—-•
$1 cumulative preferred
:
25
Pennroad Corp common—
1
Penn-Dixie Cement warrants—;
Penn Gas & Elec class A common—*
.
—
Mining Corp of Canada
Montana
10
.
25
—
Co
Midwest Piping
Mid-west
,
-/
common
Mid-West Abrasive
Midwest
16
<
—
shares—i——*
non'-cutn dividend
Midvale
16%
•
Products—
.*•7
shrs—
Co
Patchogue Plymouth
Jan
5 Va May
,
Pen
'
Midland Oil Corp
44
24 Va
Pantepec Oil of Venezuela Amer
Motors Corp
July
52%
May
8% May
:• May,-,
400
*
19%
K \
Apr
—
Parkersburg Rig & Reel
78
*
1,500
4%
Sep
32
,100
—
8% Aug
1
Apr
15 Va May
;/ ,4% Apr
400
»
■9%
186
12%
4Va
37/e
100
—
21% Sep
10
Feb
5% May
*
300
2%
4%
Feb
155 V4 May
41
12%
~4
.«
Jan
8 Va May
200
9% •10V-V
19
48/3
Jan
11 Ya
42
39 ~
*
Parker
24
4,400
:
78%'
.
9%
49 y2
1
,-
Jan
*
20%
6% May
7
.
2
May
3 Vi
—100
—:
7V» Aug
•
300
6%
"
—
■———
14V4 Aug
Jan '
Aug
11
7%
42
25
25
—*
Paramount
Feb
Perfect
Michigan Bumper Corp
Michigan Steel Tube!
Michigan Sugar Co^
16%
Service——.——.*
6% Aug
50 5 ''108%
5%
5%
1A
184 Va 186
.i.—5
1st preferred
tl.3o
10% Feb
20%
Sep
887a May
:*
1,400
'4'/«
14%
41./
Page-Hersey Tubes common—V.—;
•
Pan American Airways warrants——
5
May
13%
500
109% 109%
;5ya
■
Corp—-—_25'c .Iv-i
Participating preferred—a—.—15 ii" 44
7
'
—
Textile-
Metal
200
,
18
95/a May
2,900
om
1st pfd—:
preferred
5% pfd
Pacific Public
Jan
^
-
6%
17%
■
.
6
150 '
1%
1%
*
Feb
1574 Feb
-
1
25% Jun
!:
11% May
5,100
*
25%
3
lft
77/a
Jan
10%
10Va
15
Pacific Power & Light
•
25
5
L
Messabi Iron Co
.
'
25
.
> 400
8%
41
v
Va May
1 Va
*
Gas
20% Jan
Jun
•
1,100
12% "12%
* v—
..
1
common—v
Menasco
Merritt
8
Jan
8% May
97a
Y'/e'
Jan
122% July
2,600
11%
preferred—.——100
Natural
Pacific Lighting $5
4% Jan
>•
:?
XBV* July
'
100 \
v
21% *21%
,
2,800
9
ri7
common
1st preferred
5Vu%
21% Aug
Jun
ft Aug
is
m
1,600 %
,
6%
41
'
Mead Johnson & Co——*
9%
Apr
At
11
50c
B
Pacific Gas & Elec 6%
"
13;
6
21 %
82.50
preferredMcWilliams ■; Dredging-u-
8%
13-7
110
1%
9%
233/4
Securities
Overseas
6% July
5% Sep
-
23%
;i.
107a
124
Sep
July
'W
6%
■
1574 Sep
Jun
7% May
108 Va
"170
21% Jan
Jan
%
9%
1 -i
10
*v;;
Jan
10
200
121
11 Va
1
Oliver United Filters B
—
*
Omar Inc
:
——1
O'okiep Copper Co Ltd Amer shares
82% Jan
55
-
Jan
90
109% May
14%
-J-
common-
47%
40,000
375
120
7 Va
7Oklahoma
irri% Jan
;-* Aug
3
10
—
common
Mfg Co
97/a
110% 111
39%
£
19% Jan
-
£1*
Ltd—
Power Shovel
Marion
5%
-
May
/ May
—
15%:: i
874
:-r
1
7; Ohio Brass Co class
4
Communication Co
Feb
31
13
•fef-'
15
"9%
111
25
cOgden Corp common
12% Oct
20
1
20%
«
-
10%
Aug
-
•
t
common
Jan
7 Va May
300
34
—
pfd_100
Inc
Aircraft
f
Feb;
7% May
300
:
7'.r:rl,%
i:
lc
14 %
M&nlscheWitz (The B) Co-__* »Mapes Consolidated Mfg Co
•
Marconi International Marine
'
Stores
Mangel
33
50
RR Co
1 Jan
16%
■
Public Service Co__^—-1^.-10 ;
Manati
82
200
9%'!:
974
Power class A
-
Maine
Jan
.
5
1
Airlines
Penn
Pacific Can Co common—..;
M&ckintosh-Bcmphlll Co_
2%
—
Novadel-Agene Corp
Peb^v
31
5,100
17%
1% May
34
Old Poindexter Distillery——.
17
1,500
>
JanlT*
29
5% May
5,600
,
26%
*11%
Sep
x21
4,800
Feb
17a
47/a
1%
Northern Indiana Pub Serv 5%
22%
Apr
26% Aug
8% May
1/ 800
2,100
6%
Utility Securities.——*
Northern States
Oct1
19%
1,13% May
50
Jan
5Va
374 May
% ::
5
*
•
class A
Central Texas Oil
Northern
Mar
Sep
7,400
Va
7a
69
.
69
57% .58
14% 15%
110% 111%
677/a
*
1
common
North American
1
■ -
preferred A ctfs of dep_——
6%
Class
7
25% July
:/
68 Va May
5
North American Rayon
Oct
16
*
8%
•
2,300
5
class B com
——
preferred
12
Jan
&
Vp 197ar-V-»19%. 197a ,V
—1
$6
44%
Jun
May
400
12 %!
.
59 Va
*
;
**
150
Jan
'h; i-V: 58 Va
:
7
300
Jan
1674
9%
Electric
Northrop
25
•
12 % - s * s 11%
;
10
common^-—
^
-
24
Common ctfc of dep—
17e
Jan
20%
23 Va
—
/£ ,-25
1
-
Longines-Wlttnauer Watch Co
Long Island Lighting .Co—
:
30 p
5 V*
700
Jan
8%
Apr
184%
i
v-:;'
5
Chain
Logansport Distilling Co
Lone
•
•
Steel
Jan
1,600
——
B
Jun
34
3,900
,
class A——
Groceterias
Class
Feb
9%
Apr
44
5
—* r 1
19
"19% ■'.
Lionel Corp——21%
22
LIpton (Thos J) Inc 6% preferred—-25
—,>
■ —
aLit Brothers common
*
9% 10
--—I
120%
May
16%
Noma
Oct
100
'
Sep
4
10
1
North Amer Light & Power common—l
'
21
400
,
.
-
8
Apr
21% May
12% Apr
^
90
%
Mines—
Nipissing
6% May
15% Jan
—.
,
Llhe Material Co—.*
5%
400
5%
'
—
10
*
•, i—
—
25
1
1
1%
——1 /■:> 17% ; ; 16%yl7%*
.
17% July
15% Feb
: 11% May
*
Monotype Machine——
Lefcourt Realty common
Prior preferred
—
1,200
400
May
30%
;
—
Class B—
,
1,700
20%
—
5
1
Lahgerdorf United Bakeries class A
12% 12%
6% ' 7Va
7%,' 7%
—
-1
Lakey Foundry & Machine--—
Lamson Corp of Delaware
12
\—
—
170
250
70
1
Nineteen Hundred Corp B
,
187a July
10% Jan
1,500
—
100
100
Feb
15
5%
1
:
Niagara Share Corp
Niles-Bement-Pond
*
Feb
4% Jun
917a
Shipbuilding Corp—
Founders shares
Class
Laclede-Chrlsty Clay Products——.5
' May
13
12 Va
59
•
10
10
Rosario
& Honduras
Niagara Hudson Power common
5% 1st preferred
Jan
10%
Y
N Y
Feb
20
s,T' 26% Sep
7% May
9
200
4%
90%
m'Ap
'■
100
500
7
12%
90%
«.«•
■
*•
•
N Y Merchandise
lit July
Oct
6
•
v
1
*
N Y Auction Co common
Feb
14%
15% May
19%
Co—
7
16 Va
is
*
mm mm
Sep
5
5% Jan
May
Feb
>.1% Jan
16
Park Mining
New Process Co common
Jan
17%
Sep
7%
3,400
16%
16
4
12,300
111
-
1
•
69
Jun
New
—
V*'
;>/
■
*
100
*
20
25
1
England Tel & Tel
Haven Clock & Watch Co
convertible preferred
New Jersey Zinc
New Mexico & Arizona Land
Feb
87%
12% May
1
Krueger Brewing Co
Jun
147/a July
Feb
24
Oct
2
4,400
9%
9%
MM
5
4%%
111% Feb
July
56%
10
1
.
May
6% May
108
57
1
(I B) Rubber Co—
5
Corp
Oct
Feb
'
Co common—-—-—_*
(D Emil)
Kleinert
Knott Corp common
Kobacker Stores
'A
17%
10%
1
1
—
(Herman)
11%
125%
3 Va
27a
Mar
14
Jun
37/a
800
Jan
3974 Jan
10 Va May
600
"4 I;,;*1
~37/a
3
L
May
5
20
«
v
Kimberly«-Clark Corp—
^
4%%
preferred—
;
—
100
Kings County Lighting 7% pfd B—,.100.
5% preferred D
,
i
10o
King Seeley Corp
,
_1
Kingston Products
/
15
Jan
July
18
20
122% July
15% Aug
125,200
1
-
.18
17.
Kennedy's Inc
Kidde
123
.
Apr
May
13
2l7«i"May
x9 Va Sep
1,900
12%
16%
'
ii/
4
'
—•
-
11%
12%
—
National Transit new common
Kansas Gas
34%
,
100
17
36
Ltd
Car
National Union Radio
Kaiser-Frazer
•«'
17
.
36
Rubber Machinery
National
National
4% Feb
•
43
Co common
Sulphur Co~
Class A
»'
12%
a* >M
Jefferson Lake
Jim
Aug
8
Apr
2% May
12%
*
Jeannette Glass
9% Aug
Feb
15%
11% May
300
37a
—25
preferred
7%
National
7 V4
3%
37a
_*
National Breweries common
147a
7
^'
-1
400
14
4mm
common—
Bellas Hess common
National
1,000
Feb
Feb
Namm's
10%
Mar
Sep
138%
113%
109
Ohio Mfg Co
.2.50
Muskegon Piston Ring common—_
—10
Muskogee Co common
High
87
Jan
Jan
22%
16% May
4% Sep
500
-
Sep
1
800
18%
Low
30
98
70
Jan
900
Range Since January l
High
Lou>
Murray
Jan
Apr
2
100
1%
Shares
& Tel
States Tel
Mountain
Feb
Sep
Feb
400
1%
_1
%
Air Chute-
Irving
•
—
—-----
Fireman Mfg voting
Iron
Sep
"
10%
for Week-
Mountain States Power common—
Feb
15%
1,200
2 Va
•
"
Sep
3,700
15%
ioy8
5
*
preferred
Power $7
Interstate
10%
10%
10
Range
of Prices
Par
High
Low
10%
Last
Exchange
New York Curb
Range Since January l
•
———
Investors Royalty-
Shares
High
Sales
Week's
Friday
Sale Price
STOCKS—
for Week
of Prices
Low
Par
3
Sales
Range
Sale Price
Exchange
York Curb
New
Last
'
31
EXCHANGE
CURB
YORK
NEW
STOCKS—
(1379)
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4635
166
■
-
*•-,
,
8
Jan
Feb
Feb
(1380)
THE
COMMERCIAL
NEW
Friday
Curb
'
Week's
Exchange
.V-\
OCTOBER 3
Friday
Range
for Week
of Prices
Shares
Par
Low
STOCKS—
High
Low
6%
York
New
Range Since January 1
Inc
Roofing
87'At
common——--
90%
154
Co—
Power
810
85
May
96
120
154
50
15
Sep
May
.<18%
157
15
j
15
-
v.
-
Jan
Tivoli
Feb
Tobacco
Feb
170
Tobacco
Allied
&
for Week
Shares
Par
Low
274
convertible'preferred—1—
Raytheon Manufacturing common
Bit
Electric &
Rio Grande
Rolls
Royce Ltd—'
Amer
~7%
~8%
Ronson
Corp
Art
22 %
1,100
5%
5%
900
247/a
2,975
24
*
?'"•
1
Russeks Fifth
Ave
'
4%
1%
Trunz
Feb
Tung-Sol
Jan
55 y4
13%
23%
4%
l7/a
-
•
•
•
40
:
Sep
Ulcn
Jan
19%
••
5
19%
6
'
7
12 %-
197/a
10
...
18%
6TV;
13%
200
Unexcelled
6%
Feb
Union
2%
Feb
Mar
f. 32
13%;
18%
197/a
Aug
14
9,900
Jan
3%
of
common———1.25
3-
11%
•'?•
5
500
5
6%"
6%'
6
.
6V4
200"
;
:
V
f-':
11%
4%.
6%v
'
pfd
20%
•'
Apr
7
Ltd——------—■*-';.
Class A $2 conv
pref————50
Bait Dome Oil
Co——_—_—l—
1
Samson United
Corp common—'
1
Feb.
Feb
Amer
Mar
1
3%
33 %
10 %
2%
-V
17%
United
RR
&
Profit
%
4,800
19%-
2%
.-—5
Shoe
83
83
6,900
19
*.
83%
85 %■
85%
200
2%
2%
2%~
•400
13
2%
'•y 2%
3
?;
68
'
69 %
108
■
v.
500
:
BO
109
•
,v-
■
-
11%
-11%
37%"
Simplicity Pattern
common———1
8i/4
Singer Manufacturing Co—
100 ;
262
Singer Manufacturing Co Ltd—ry>;
;
Amer dep rets ord
regis,?—,^.*3—£ 1 \i
Sioux City Gas 8c Elec Co—
'■
.,
"
--190
1,600
255 2' 267
1
3%
,
10
:•?
? 330
251
Jun
60
11%
•
9%
11%
3%
3%
3%
1,200
4%,
37/a
4%
i. 24
? 14
13,200
4,600
'39% Jan'
8% Aug.
312
Aug
Apr
25
.
'7% May
3%
Wfcst
Whitman
3
Wichita
Willson
May
33%
Feb
Jun
35%
Feb
25
y
25
30%
25 I
T—
5%'
preferred——20
Forgings Corp——1
(Ky)
———-10
? 500
"9%
2%
1
Stirines
(Hugo)
1
25
-
19%
Oil
Corp_—
1,300
8%
2%
2%
8%
8%
Coal
(Wm)
32
7%
y-
J
Sep
4
3%
130
;
12%
Sep
4% May
FebFeb'
4%
Feb '
Feb
? 9% Feb
Sep
77% Feb
27%. Feb
29% Feb
Sep
Feb
13%
Feb
8%
800
16 Vt
100
"
'3%
3%
3%
800
v
7
May
11%, May
l3/a May
13 V* May
20
May
26
May
7
Jun
17%, Jan
2%
18
Jan;
Sep
(R
Technicolor Inc common-——
12%
12%
-
>
400
1,100
pfd*—-1
32
Feb
12% May
3% Jun
10
July
207/a Jan
4% Jan
14%
Apr
Jan
10 %
29 %
May
10% May
117
8%
—
.
'
5
14%
33.
•r*.
"11%
14%
26.200
77/a May
Feb
4
July
14
Feb
—1
2%
"
1
'
2%
2%
14%
x
!:
lio
14%.
900
200
-
'
—_5
■■■'
6%
4'
7'A
•
-
1,500
4
2%
r
r%juny'
8% May-
■
.
300
400
"8%'
8
2%'
1.100
*'"2% Aug".
14 -May
.
6% May ;
■■+* "3% May
'?' "1% May '
*■ > 6% May
17%
15%
8%
8,700
36%;
23%
27
17%
17%
23%
200
19 'A'
;,14
100
23%
.
>!.
100
•'
136'
Mar
37% July
27 v
Sep
17% Jan
Apr
Jun
Oct
Sep ,<•
32
"
Jan
13
.
May
27
,
;
Jan
*"
Corp;——*—10
C) ; &
Co
•
11%
Inc.———1
common.*—*—3—1
5% ;
w_„————25
w
6
16%
25.
107
;
15
11%
11%
200
*2%
"2%
.
11
■
Jan
May
2,300
300
-
Jan
;
';?i 8% Jan
Sep
liy« May
2,200
14%
x
19% July
20% Jan
-.19%
Aug
5% Sep
.?
500
'?
18 V' 18
13% .15%
Sep
14 Va
•
*
21%
15%
Feb
Feb
108 %
Feb
16%
-
Feb
,
Jun
12% July ?;
9%
Sep
14% Jan
"2%
May
9%
*
.
~3~%
Feb
:
?:
■
BONDS
; ?.a
Curb Exchange
Last
Period
Sale Price
.
1961
Amer Writing Paper 6s
Appalachian Elec Power 3%s~—— 1970Appalachian Power deb 6s—*,—— 2024
Associated
Tel
&
deb
Bethlehem
Boston
Steel
Edison
5s___———. .1958
5s—
-1969
3s_—
-1977
Consol
Gas
El
Lt
&
rcf
mtge
1st ref
mtge
2%s
2%s
series
1st
ref
conv
Feb.
Delaware
20%
Feb
mtge
3s
Pwr
R—
debs——
Gas
(Bait
&
Western
N
1st mtge 4s
'
A 1st
Eastern
mtge
Gas
——
—
of
«_
—
City)
4V2S——
Lack
&
ser
4s
J
Fuel
110%
115%-
165
163
101%
107
?
90
J-J
M-S<F-A
,90
91%
92
-
.,81
81%
104 %
M-S
.
"
A-O
104 VB
M-Q,
105 Va
.
89%
;
J-J?
180
101% 101%
101%
.1969
J-D
,1976
1
106
64
91%
64
81
57 %1-
; V
93
.81%
103%/103%
v.
104% 105
103%, 103
104 VB 104 %
*
104%<106%
105 Va 105%
89 'A
92
92% ?
'■
90 Vb
A-O
>89%<K«3%
1962'
31954
106%M09!H
106% 106%
102% 102%
J-J
.1981'
,
102Vas 106%
104'3 inmw
102%
'(112 'A 113 *
1101
m-n:
112%
112
110% 114%
116% 119%
1116% 119
A-O
RR—
i-'W'vi
Division*—— -1993
A
May
.1965
J-J'.
_59Va.:62_
62
M-N.
1993
B—
3%s——
ser:
103%
105%
108%
—
F—*3*
ser Q__—
ser
Lackawanna
u
(Bait)
1166
1970
Debenture
100%
102%
106%
111% 111%
6s———— .1998-
Debentures
;
;
;
'
•
§ A Chicago Rys 5s ctfs (part paid). 1927'
Cities Service 5s———_—-Jan 1966
Debenture
103 %
107
High
102. :
107% 111%
117%-119 V*
118
101%
103
103
2%S——*'*—?-—
Low_,
100 %
102
101
101
§Ce;ntral States Electric CorpU^ :
A5s
1948'
(10% redeemed)
A5%s
(10%
redeemed) ——. 1954
Feb
May
Aug
1953
C——*__*——*- 1960
series
Feb
.
1116
City Electric 3%s_—— 1964
Telephone of Canada—
5s
?
High
107% 108
Atlantic
Bell
Range Since
January 1
Friday's
102
102
5%s A—*— 1955
4%s—3—
Electric
Tel
Assoc
19%
122,
or
Bid & Asked
Low
24%
12
Interest
York
New
Aug
Apr
Week's Range
Friday
'
-
Gen
Jan
11% May
17%
Jan
19
;
Sep 4
113% Mar 1
May
18
'
Feb
9
'
19%
Co_-———1
,.
'*26 V Jun
75
425
;
8%
2% Feb<
May
25
36%
?*
>12% Feb
i-
-Feb*.
105 ■"
Feb
>27 ;
•
111
H%V;.
3% Jan H-:.i
13% Feb
113% Apr
*
*•;
5% Feb G*
Apr
—
2%s
page
"
Coke—
,
Consolidated
32% -33
'
Sep
—
—
35% Aug
'!
8%
32%'
12%?
Feb
126% Mai*
2%
100
Feb
12%
16
12%
<
Jan
11%
.; :,v."
—
.
-
'
5%
——
see
""
"
&
&
Oil
preferred
Feb
8%
T;'"500
1,000
May
5%
"
'
•
10%
10%
\
;
Coal—-**———20
Biothers
5%
32% Mar
Jan
100
24%
29'A
13%
Sep
.
May
Jan
Feb
6%
10
;—
Taggart Corp commonTampa Electric Co common-I-——
For footnotes
8
94
4%
22% Mar
Jan
f.
2%
25
May
600
;3% ■"';••
.
Products
Wilson
4% July
21% July
600
1,300
May
May
2% Jan
25%
1,600
v
,
3
Feb
Sep,
23
Jan
32% Mar
y,
100
"
1st
Texas Power & Light 7%
■Lexon Oil & Land Co—
Inc——.
15%
Winnipeg Elec common——;—*'
Wisconsin P & L 4%% pfd—-.100
Woodall Industries Inc.———2
Woodley Petroleum——*——*——1
Woolworth (F W) Ltd—
r
%
' /
American deposit
recelpts-T34
5s 3:!.;--6% preference—
£ 1 .;
—
Wright Hargreaves Ltd———*
2%
.
Textron Inc——
23
.:
Jan
36
17% May
14% Jun
600
8%
24
,'
Feb
9
\
61
14%" 14%
1%
1%
T
3
700 '
> -
8%
_2%
14%
3
July
8%
AugV
May
HO
!f 24 '; 25 i?:
:
19% 20%
;
4y4 May
4% May
8 »/a
100
62
30
1% May
100
May
40
1,000
:
:
4%"; 5%
Corp—————————5
—
.Swan Finch
,■:? 100
"V?
3
61
Stop & Shop Inc.—;
—-——1
Stroock (S) & Co common——
*
Sunbeam Corp„———
Sun Ray Drug
common-———
25c
Superior Portland Cement, Inc———-*
Superior Tool & Die Co.,
1
'2%
2ya
123% 124%
8%"
8%
8% Mar
Jan
17% Mar
9% Sep
27% Jan
1% May
3,800
3
Steel Co of Canada——————*
Stein (A) & Co
common———*
.
2,600
2%
3% Aug
26
300
28%
2%
•
*—*
Sterling Aluminum Products*——.—1
Sterling Brewers Inc__———;———1
Sterling Engine Co—
———-1
Sterling Inc__-*_—————1
stetson (J. B.) Co common—-—--*
~9%
28 y8"
Aug
33% July
29% Jun
Apr
14% May
150
3%
Sep
;46
1%
1,100
Co_——-—1
—
;
100
16%
B——;
Standard Tube class B
Starrett (The) Corp—i——
:
400
..
27%
28%
1
—
1%
Jun
16%
200
:
6%
16
-
900
;;;? 3%
Oil
Products
■
Sep
28
200
.
27%
?
preferred————10
Dredging Corp common—1
40
100
3%
1%
Convertible
Standard Power & Light
Common class
28
6y2
Standard
Preferred
May
29 ya
2,200 •"
27?: 28 :
5%
5%
r
28
10T
•V'"'
30%
3%
Royalty Co——.—.——-5
Spencer Shoe Corp—-———
-*
Btahl-Meyer Inc
;——
*
'
40
28"
10
Southland
Brewing Co—————2.78
Standard Cap & Seal common—
1
40
X30
3%
39%
21
.....
—
3% Aug
y
Jun
300
Inc———-
River
Williams
27
conv
Aug
Apr
?
2,300
1,300
22%
10
1,500;
Inc.**i3—_3*——-—10
Weyenberg Shoe Mfgi_—
—_1'..',
Feb'
27
'
Apr
18% Feb
2%
100
,
3%l
21%
21%
Co—-34—
Westmoreland
Jan;
4% Sep
60
Standard
27%
3%
—
Westmoreland
7
1,100
Standard
Syndicate
Virginia
;v.f. 9
29
Standard
27%
common..
<
89%
19 Va July
Petroleum—
Bond
&
r:,
31%
convertible
Co
Jan.
3% Feb-.
-
26%
400
39%
Maryland Ry 7% 1st pfd—100 '
Western Tablet & Stationery com-"*-*
?;;*
15% Jan8% Feb
6
Sep
29
$1.60
3
39%
,——
v";
10% May
;?
cum
2% Mar
31%
Standard
700
Feb
20 % Aug
Jan
Western
Apr
29
preference
preferred—
Southern Pipe Line
82
——
-
102% Apr '
31%
cum
75
:
,
.,
14%
23%
May
May
? 12%;
12
pfd——i
4—30 ' > • 143/4
V 7
Co_4__i_3--*'-.3.-1
Ward Baking Co warrants—
3——Warner Aircraft Corp—————1. '
2%
Wentworth
Manufacturing—*33—1.25 f|: r'.;,8%
West Texas Utilitie-s $6 preferred;_43*r"
,$2
Jan
Southwest Pa Pipe
Line——————10
4.32 %
Oil
Sugar,——
& Light common
Aircraft
.
Waitt
5% Apr
5
4.48%
12
2
Apr
49 % July
'
-
*
May
f
1,300
new__
Waltham. Watch
Feb'
17
8% May
v
85%
11
5,000
.
■
Aug,
100
Southern California Edison—
.
5% original preferred
84%
Wagner Baking voting trust ctfs
.' 7 cJo
preferred..—-__3_
*—.r—180
,
,
200
'
2%
15
,
::,12
7%
.
13%
2%
•
71%
/
Mar(.
W
Waco
Sep,
115% July
v'v 27;' Feb
South Penn Oil
common-—-—12.50
,
Venezuela
73
4%
i
12%
"2%
Jan,
7%
;}
-Sep
Sep
8% May
common———
Products
Power
60
13%
45%
60
Feb
?<• 3% Feb
Jan
300
Vogt Manufacturing*—
? Feb
4%
Corp common——-
13%
—
common———
Insurance
Venezuelan
Feb
"4%
Coast
"
Apr
293%
Sep
1% May
,
2,125
47%??'
9%. 10%:
Valspar Corp common
.>$4 convertible preferred—
...
Feb
—
1
South
64%
47%,
4% Feb
■
Sep
24
Manufacturing Co——1 'V
Corp——
—1
Manufacturing common—
—1
1,200
7%
14% Mar
Feb
99
Sonotone
2%
10
warrants,
Reclaiming Co
Stores
Feb'
28
13%-Aug
May
3%
preferred—100
Paper Mills——*—•
Co—*—*_——1
"2
2%
Securities-
Consolidated
Utah
Feb
2
May
x255
-200
3%
Radiator
Rubber
Utah-Idaho
July?
4%
36%" Sep
6% Apr
(Howard)
Solar Aircraft
Solar
Boss
750
8%
8
;
——
with
Feb
25% July
Feb
92
Majf
68
Sep
106 % May
50
37%
?
a?
3.90%
Smith
12
S
S
preferred
277/a
%
Apr
-Apr
I 7% Mar
.
Feb
13%'- Jan
2 % May
27
L-_*
—
1st
-
'
"
common-——
International
Universal
90% July
.
.iZ 11% Apr
Publications—
and
Universal
Jan
21%
17% Hep :
Canada———*
preferred--——'—•
convertible
,
400
400
Sick's Breweries
Ltd———*-~——
Silex Co common
V3 ,Jun
11%
3,100
,
T?:
14
•
Graphite
•
'
100
17%' 18
13
'i'jj ~
109
?
13
16%
24
—-i,——
Universal
Feb
24
r""2% May'.
Apr
:
8% Jan
300
:i%.:;i%,
S
S
May
Apr
Apr
Jan
Aug
12 Jan '•
45% Mar
-18% Oct
19% May
Canal--———
class B
% May
14%
v
7%
40
•,'•4% Jan
5ya May
preferred—-—...———100
$3
80
Co
62
■
? 3% Feb
May
May;
"78
"
100
v
'
Mining——*3—-.,;—-5
Bhawinigan Water &
Power—--——?
Bheller Mfg
Co_3—*33——*3——?-l
Sherwin-Williams new- common——25
Simmons-Boardman
13
-
Foil
United
'"
Apr'
2,080
S
.7,- Apr
..
104% Jun
Mar
29
-
8,700
—
10%
U
Jan
13%
4%
.22%- -23%'
64%
47%
U
t.
:
Sep
21%
38%
38%;.;
50
17% -18%'
3,500
18%
Jan
27/a May
v
-
common.—
Machinery
$5
6% Jan
17
650
2%
16%
—————-25
6,200
20 ya
2%
Feb
37%
.
,w.;
Jun
%
Feb
Feb
9%
'
•'56
3,800
Sharing-——
U
2% Mar
Feb
Apr
Feb,
11%
C
.,
Sep
90
.
3%
common-
July,'"
37%
61
100
3%
23%
——-—
U
•
6%
Jun
Feb
3%
Sep
50
?"%
Railways-—
10%, preferred
Oct
6%
.
8
May
2% Aug
May
3% May
19
May
300
2%
2%
19%
.
3%
29%
;
700
300
17 ya
% May
jan
12%
Oct
5% May
•
101
dep rets ord regis—
United NJ
/ Feb
;
10
3% May "
x25ya May
4,500
■
43
;
Jan
1 ya May
600 ;
.
9%
17 %
Inc common—,—1
of
2
"
900
.
32%
Sherwin-Williams
'
800
v'
3%
Leather
common----———*
Bhattuck Denn
4%
6%
'
Safety Control—
;——1
Corp class B—3__——1
Seton
27 Vt May
""
35%
Allotment certificates——.
—.1
(R B) Inc_
.———1
Sentinel Radio Corp
common—1
'
:
16%
7% May
;
k
Jan
7%
7% May
26
United Molasses Co Ltd—
6% Oct
Apr;
> ;•
;
6
800
.
Preferred
Feb
Sep
•
3 %
1.200
1%
Semler
Serrick
.V'
3%
Corp-!
—
Corp common.*Products
11
5
com__—. 50c :
:•
60%
Elastic
Milk
t: 67/a
100
warrants———
United
18%
-
5,500
4%
Steel Co
common————*
Securities Corp General.:
1
Beeman Bros Inc——'.
———*:'•,
Segal Lock & Hardware———
1
Bentry
1,200
8
common—
&
14
Apr
Products
Chemicals
Corp
United
Feb
3ya May;.
4,700
2%
—1
common——
Convertible stock—
$5.50
prior stock
6%
'.V''
"
Omaha-*— 100
Gas
24%
10 'A July
Yards of
Light
Apr
"
13,300
8%
———'—1*
Belby Shoe Co
Selected Industries
8%
v.-
United
13%
;•
U
15 %
Manufacturing——25
Bcullin
600
'
V/2 Mar3ya
32%
2% Aug
'
; r; V
A-u_-————
United
Jan
800
41 V
j.
Savoy Oil Co___—I—--———5
Bcovill
9%
6%
6%
-
Preferred
Schiff Co common
Bchulte (D At Inc
200
7%
Corp.——r__
Calif—
of
Aircraft
United
Sayre & Fisher Brick Co—
6 VB
Corp.—i——_
July
Oct
Sep
700
1,300
May
1% May
Jun
4% May
8%
;
9%
United Specialties common———_
Lawrence Corp
3 %
6 %
preferred—«—-—•
series
Stock
United
14% July,
v-
6%
'
15
Ryan Aeronautical Co—-—.
1
Ryan Consolidated Petroleum**•
Ryerson & Haynes common
——1
St
8,000
5,000
'
July
102% Aug
"1% Jan
1 % May
4
2%
Jan
105
27
1
Canada
Oil' Co
Unton
Aug
15%
4,700
._*
:
1,900
3%
Jan
2%
Sep
2%
1
—
Chemicals
Gas
$3.75
107% Mar
Sep
12
1,500
: -•
100%
450
—_*
Realization
United
12 ya
V
12%
May
U
24%
United
12 ya
July
79 "
Jan
Jan
,,
—
17%
7% July
63% Jan
' Oct
70
101%
1% " 1%
41% Sep
22% Jan
Apr
Jun
1
100
'
92
101
Nevada—;—:—„1
Works——
Lamp
82%
1% May
100
:25
—
j
x8
1
91%
8ya Mar
Sep
14% May
22
May
3% May
7,000
Jan
Apr
5%
'
«?.l
v/arrants
convertible
80c
V':,
,
Mining of
Corp
Inc_^
Unon
1%
100 ,-101
12
49
Jan
18 % May
1,300
900
h.
Sep
"5%
—
£l
——3——1
Royalite Oil Co Ltd
Feb
S8%
100
7%
Union Investment Co
——
Rotary Electric Steel Co
/
/4
101
—5
Co
20
v,.
—•
4
Works—___2
Inc
Petroleum
2
31
V
common-
Metal
Roosevelt Field
Root
Trl-Continental
Feb
8,400
21%
' ;?"V
:
Tonopah
Feb
6% May
800
8
dep rets for ord reg__
Cable
32%
5'/a
(Texas Corp) v t c—————1
Rochester Gas & Elec 4%
pfd F—-100
Roeser & Pendleton Inc———
*
Rome
31%
50
22'/a
Engineering——5
Valley Gas CO—'
Jan
Apr
1 y4 May
27% May
29% May
--
5
Rice Stix Dry Goods
r
Richmond Radiator——-——.
5%
19%
15%
~
30
1
Co
2% May
400
51
30
—
*
Co J———
Reliance
4,300
19 %
—*
Reed Roller
Regal
Shoe
3
Trans Lux
—
Raymond Concrete Pile common--—*
$3
2%~
16%
High
12% May
7%
dep rets def reg__—■
Shipyards Corp———
*
Toledo Edison 4%%
pfd—100
19 %
i
—
33
300
16%
Todd
.
—
550
15%
Stocks—
Amer
Radio-Keith-Orpheum option warrantsRailway & Light Securities—
'
Voting common
——*—*10
Railway & Utility Investment A
—1
Rath Packing Co common
—-,—10
Low
40
14%
15%
Security Trust Co Ltd—
dep rets ord regis——:—,.—
Amer
R
Range Since January 1
High
40
——_1
Construction——1
———-—1
——
Realty &
Brewing Co
Sales
Range
of Prices
common————5
Co
Tishman
preferred—.
'V-;
v.;
Shovel
Week's
Last
Sale Price
Exchange
Curb
High
TUo
Quaker Oats
Monday, October 6, 1947
EXCHANGE
FOR WEEK ENDING
Thew
Quebec
CHRONICLE
Sales
Last
Sale Price
STOCKS—
York
CURB
YORK
RANGE
New
& FINANCIAL
^
26Va
102%
;
—
27 'fat28%.3
102% 102 Va.
3
.«
88
25"
101
.7
68%
36%
106
i
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4635
Volume 166
Last
Period
Sale Price
Exchange
Curb
Low
-——1958
Elmira Water Lt & RR 5s
Finland
5s
Residential
No.
M-S
121
Low
1
High
120%
121
$—-
M-S
75
Waldorf-Astoria
General Rayon Co 6s ser A—
A
Mountain
Green
1948 X
Water
series
A-O
lien
-
5s
Power
A6V2S series C
A6%s
A7s
2
104'/8
5
102%
F-A
103% 104
12
103%
M-N
106% 106%
2
106%
35%
34%
33%
31%
35%
32,
35%
32
f- 65
$25
;
33
$104%'
109%
65
\
60%
-
^
X 94
V • 42%
Ill
4
104%
ACauca
104
J;
65
2004
1968
1971
1964
J-D
A-O
A-O
J-J
$103
J-D
$105% 108
106%
108
J-J
$107% 108%
107'A
109
mtge 3s
Park Lexington 1st mtge 3s
—
,
Pennsylvania Water & Power 3%s.l964
K 3%S
1970
-
107%
103%
101%
106%
107
$102
106
88
88
77
$152% 158'/a
2%s
Southern
California,Edison
Southern
California
Southern
Counties Gas
3s
Spalding (A G)
M-S.
105 1
A-O
—_
121%
97% 100%
15
yy 15
94
^
29
18%
34
28
55
18
18
M-S
$27
30
stamped
(Plan A)
Interest reduced to 2%^——2012
ARussian
Government 6%s
1919
J-J
$22
26
—1921
J-J
30
52%
$44
.
H
21
$27
M-N
$44
J-D
'
•
.
•
y} :
—
47
'
Janeiro
de
52
52
50%
1
53
18
X
H:;:;
25%
98%
^ 90 ■:>
90
J-D
1972
2%s_—2008
to
reduced
Interest
Rio
Af-N'
A-O '-'.
stamped (Plan A)
,
\ A5 %S-—X-4-
F-A
107%
1989
——1950
M-N
A-O
104
A-O
107% 107%
103% 104"
105%
112%';:
89%
—
75
value,
par
Deferred
a
37
25
•
:
'Mi
24'/a
2%
32
49
2%
2
J-D
100
v
6
6
••"•
2
v
A Bonds
"
v
-1946
stamped
n
traded flat.
being
4
„
1
'
v-
"Jl
x',
\ '
-r-" s
^
,
•
»
V*
*
,
\
'
,
,
"
«-
-
1946
A-O'
1949
J-D
certificates of deposit? "cons,"
Abbreviations used above—"cod,"
v.
United Electric Co of N J 4s
X
.
SReported in receivership.'
[/"v
T
,
J-J
Stinnes
(Hugo) Industries—
A7-4s 2nd stamped.:
f Ex-distribution,
e Odd-lot sal®,
d Ex-Interest,
delivery sale,
Under-the-rule sale. > r Cash safe, x Ex-dlvidend. J Ex-rights,
$Friday's bid and asked prices; no sales being transacted during current week.
Ex-stock dividend,
117
68
68 %
68 %
g
'4 104%
.'101
112% H4
,:V;
—
•No
107% 108
*
3rd
A7-4s
•v:
:
$-
J-D
(issue
"
Corp—-
20
88%
107%
103%
1970
5s collateral trust
Stinnes, (Hugo)
-
105% 107%
118
$100
—..1966
5s
108%
108%
—
J-J
3%s
AStarrett Corp Inc 5s_—
,
$107
$117% 119
1971
Elec
&
86
—
——
Gas
"■y.
M-S
tissue of
A7s
4
106
M-N
MS
A-O
3%s_——1970
(Calif)
J-J
2008
Mortgage Bank of Denmark 5s
1965
Scullin Steel incs mtge 3s
89
'
Bank of Bogota—
May 1927) ——1947
of Oct: 1927) _——<.1947
A Mortgage Bank of Chile 6s_^——1931
#<■'1
1952
1951
3S.1981
Joaquin Lt & Pwr 6s B
)
96
83
v-
Ux-
t—
F-A
45
A 7s
:
170
104%
$105 '/a 105
3
45
•••••>
'
88
154,
76'/a
'••65 V#
\
stamped——--—1951
7s
i.:
78
'66%
-
5
,
High
22
t35
AMedellin
>
Safe Harbor Water Power Corp
Low'
45
$35
M-N
,
6%s stamped_1958
(Plan A)
to
January 1
"f
65%
65%
Range Since
-,
Sold
%No.
)■
i—,——1953
reduced
Interest
Parana
A-O
■
Southwestern
105%
Mortgage
M-N
certificates—,
Gas
122
101%
Bonds
.•
High
$64
:;§
—1955
;
City (Peru)
Maranhao stamped
:
109
105%
5s__
ALima
104
106% 107 %
5%s
External
Friday's
or
Low
—
1
1948
Public Service of New Jersey—
Queens Borough Gas & Electric—
5%s series A
—1952
3s
115%
5
;';4
Bid & Asked
A-O
J-J
Danzig' Port & Waterways-X, 4,4»
AExternal 6%s stamped——-—1952
104%
105%
Last
Sale Frice
Municipal Loan—':
External
4
102%
—
Cons
^
<
M-S
M-N
•
'■'i
Interest
;
Valley 7s
Danish
53
1967
1961
$106%
Exchange
Agricultural Mortgage Bank (Col) —
A 20-year
7s
April 1946
A 20-year . 7s
Jan 1947
Bogota (see Mortgage Bank of)
(:
102
62
102% 103%
Curb
;:;X:4V4"
102%
109.,
102% 102%
York
Period
104%
110%
109
New
A-O
Ohio Power 1st mtge 3%s——
1st mtge
102%
102
BONDS
42
30
—
42
—1963
to
NY & Westchester Ltg 4s—
Can
102%
X"
F-A
1959
' 42
98%
70
J-J
:
1956 X F-A .
JXXXX XX X'XXX'.XX.
4%si.
99V2
-98%
J-J
perpetual
9
,
4.v-.4, ::
Union—
debentures—:
41"
•:
$31%
J-D
England Power 3 %s
6%
110
108
42
J-J
:
3%S——1966
'1st
120% 120%
J-D
82
108
'105%
$106% 108
A-O
1969
—4
12
108%
108
J-D
43
30
$31
J-J X
—1963
Valley RR— fa
32%
30
$32
;>,i
•
1952
;
.
32'/a
$31%
:
J-J
—1957
Milwaukee Gas & Light 4 Vis
New
32'/a
-F-A
.
3'As—_—1969
McCord Corp deb
Midland
103%
30
J-D
Power
X/, Extended at 4%
High
63 %
108%
& Light
Kansas Electric
Low
20
105%
—1957
-Altalian Superpower 6s
Kansas Power
75
104
coup)—-—1955
—
73
Foreign Governments & Municipalities
Interstate Power 5s_i—
6s
January 1
No.
104%
103
(July 1941 coupon) ^—1952
Debenture
f
s
*
-2030
—„;
5s
Newspaper
conv
Range Since
Sold
107%
2
104 Ye 104 «/8
A7s (Aug 1941 coupon)— —.—1957
A7s series F
:
1952
:
103%
103% 104%
A-O
-.1955
—
1941
1
5s
Bonds
■
High
M-S
3%s_—4—1964
Power
Sec—
series E—_
A7s
.
(Dec
Friday's
or
Bid & Asxed
68
J-J
1949
.—1950
.
Indianapolis Power & Lt 3%s
International
106%
56%
,
1970
Jan
,.
ref
St
63
1963
B_
Indiana Service 5s
1st
$58 %
6s
1954
Traction
Penn
Western
105%
104'A
104% 104%
J-J
,_Jan 1949
Hygrade Food 6s ser A
6s
103%
103% 103% —
J-D •
3%s_——1963
Power
Guantanamo & Western 6s——.1950
Week's Range
Last
Sale Price
4
4
Hotel—
debs
Electric
Penn
West
65
55
$63
J-D
J-J
4s—1950
inccme
Wash
x;
West
Grand Trunk Western Ry.
Interest
•'Period
Exchange
Curb
Low
A 5s
Bank—
—_--^-1961''"
York
High
124
33
:
BONDS
New
January 1
Mtge
standard—.—:
8
Range Since
Sold
Bid & Asked
(1381)
EXCHANGE
OCTOBER
ENDING
Friday
Bonds
Friday's
or
.;.X-.X
;.X
Week's Range
Friday
Interest
BONDS
York
WEEK
FOR
RANGE
New
CURB
YORK
NEW
;„;X '
.
consolidated?
voting trust certificates;
"conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c,"
wairants; "x w/' without warrants.
tive;
cumula¬
*cum,
•'wX" when issued; "w w," with
104% 104%
OTHER STOCK EXCHANGES
RANGE FOR
WEEK
ENDING OCTOBER 3
.
.
.
,
,
Range
Sale Price
of Prices
Baltimore
Transit
l
Co
Low
—*
v t c„
com
4%
;>;5%' 1st preferred vtc
Fidelity & Deposit Co—
Fidelity & Guar Insurance Corp
Guilford
6 '/c
Realty
Co
common.-
preferred stamped——
for Week
X
Range Since January 1
:
•
6.75%
New
17%'
23
21%
;
-
Feb
91/2
Jan
19% Aug
1441/2 Apr
441/2
'
r-
21%
,
40
s
Jan
x'x.:/?;6
43
X;:.:
98
43
75
43
53%
48
37
98
•
Sep
Jan
160
40 V#
Jan
18
55
1
98
Edison
Potomac
Seaboard
U
8
Co
Fidelity
100%
l'27
pfd—__100
'
99%
..
6
.::
Service
4%%
Eastern
Mar
100
_
Sep
Jan
54
Sep
104
Mar
Aug ;.
12 V
43%
283
43'/4
43%
25
Apr
•
6%
58
1975
A
series
1
75%
84%
Mt.-Vernon-Woodbury Mills Inc—
4% debs (subordinated)
___1966
101 •;• 101
x
•
Last
STOCKS—
—
Electric
Gillette
Feb
International
46%
Jan
45
5
'
'
.
,
~
71
July
90% Feb
Aug
98
101
Jan
Feb
103
May
Isle
Safety Razor
Agricultural Chemical
American
Sugar Refining
Tel
American
Tel
Anaconda
—100
Woolen
Copper
Bird
&
Boston
Son
&
&
•
100
—
—
—
Inc
50
•
46%
46%
42%
41%
157%
47
157
&■;
44
f 35%
Loew's
Mach
Albany RR
Star
Lone
125
34% May
34% May
High
49%
Sep
44%
Feb
Reece
407
31
42'/a Mar
Reece
May
14% May
50
117
50
Jun
19%
135
42
43 %
58%
165
39% May
57 % Feb
50%
58%
18%
18%
18%
270
18% Sep
20%
v
'
"
77
Corp
1
Folding Machine
Rexall Drug, Inc
7%
"45%
7%
prior preferred
class
A
class C
1st
pfd
1st pfd
i
•
For lootnotes see
page 42.
100
,
I
345
27
22% Aug
4
140
15%
27
XiX
27
50
32%
551/4
24%
24% >■
12V4
12%
Jan
45
Mav
17
Feb
58% May
78%
Fen
23
.
32%
Feb
:
Jun
32%
Jan
43 V2 May
60%
Feb
15% May
24%
Oct
21
Feb
24% May
105
32%
55
,
'
170
;
•
'
53c
Sep
239
'14% May
21
Feb
530
90% May
121
Jan
,
%
,1,100
,
21
140
140
12%
555
91%
51c
20
'
15%- 17%*
90Va
;
120
1%
Aug
140
Feb
Jan
Shawmut
Jan
Stone
May
Sep
&
Webster
Union
-
25%
Sep
37%
Jan
Drill
Shoe
:.X
Feb
350
6%
Machinery
-
"X
13%
38
5
:Ul%
*
-
52%
39
'42
.
95
42
X
Feb
Feb
3% Aug
11%
Feb
/
~
15% Mar
10% May
17%
32% May
42% Aug
40
46
May
Feb
Jan
3,008'
55 V# X
44%
Jan
59% July
60
Sep r
71%
40%
Jun '
60%
13%
Apr
17%
Jan
22% May
30 V5»
July
60
64%.
1,100
—10
44%
45%'
135
—*
12%
15%
16V8
271/4
28%
common-.—25
Feb
13% Aug
185
.'X'iXi;37-
4%
14
Sep
7%
>13%
—•
•
Mar
1%
•
i
Inc
4 12
Jan
May
f,26% Feb
2% May
800
50
14%
Fruit Co
United
■
Sep
2,980
Xy 2
6%
17%
39%
26% Mav
yy
13%
Co
Twist
2
"A 'XX
13
-12
—_—i——*
Assn
Torrington
:
4
175
915
351/#
18 : X
17%
Jan
May
43
414
10
65%
65%
-
42
Sep::
.
51%
Apr
-
stamped—100
stamped.
25%
27
46
15%
33%
Jan
United
Boston Herald Traveler Corp.—
Boston & Maine RR—
45 ;
Sep
Feb
32% Mar
i
Jan
41% May
242
50
25
••
10
2.50
Quincy Mining Co
Feb
1,229
1
100
2.50
-.100
Feb
._—
50%
43'%
>
45%
—•
Mills
174%
58%
Stamped
Pacific
Jun
;
'
125
—
Pennsylvania RR
Jan
—100
By
L
(N H)
26%
25
Elevated
Assn—
Tel
Mining
149%
■
44
•
-———1'
————-—5
England Tel &
475
; r
25
•
,
Cement—
Butte
.
—
Theatres
2,613
35%
2%
125
3%
44.50
,40
18% Mar
X,- yyyi2::
X 21
3%
Maine Central RR 5% pfd——_—100
Mathieson Alkali Works
North
••-230
•
'
18
18
10a
47
23% Mav
27%
21
Oct
60% July
31% May
566
26%
Co.. 10
Jan
30%
Apr
1,155
36% X
Jan
i'l ''a Mar
Oali
Apr
39.50
35%
•
:
—*
(Del) 6% pfd—,—;—50
Copper
Corp
Boston
Northern RR
Low
42 %:
97
93%
Range Since January l
44'.:;.: 304 :
47
20%
——15
Nash-Kelvinator
High
158
•.
33%
—_•
...
Boston Edison
Boston
•
•'
Jan
Jun
Aug
25
Co—;
Hole
Button
Narragansett Racing
Shares
82
•
Royale Copper—
New
for Week
Low;
Par
Amerifcan
American
Range
July
10%
Feb
Sales
of Prices
Feb
39 '/a
Jan
72
1
——
Capital Corp
General
Feb
Exchange
4
Sale Price
Oct
8 */8
9% Aug
Jan
83
,
3,500
Week's
Jan
18
XX 45
51% Mav
Mullins Mfg Corp class B
Friday
23%
50
——*
—
Mergenthaler Linotype
Boston Stock
10 1/4
Stores—i—
National
First
13
41% July
2,000
v,
1975
38
10V4
<W
May
6% May
55
•
common
Employers Group Assoc
29
39% Mav
$5,000
84%
!>
75
Inc
Lines
SS
Lamson
Transit Co 4s
i
100
pfd series A..—_—
1st
102
BONDS—
t
20
100
prior preferred
Mass Street
Ry—
Kennecott
;
Baltimore
12% May
•
50
r
Associates—
& Fuel
Eastern Gas
Jan
43
24% May
99%, Oct
25
12
42%
———_2Q
Range Silnce January 1
■:"d; Low
X-,'High
119
3 6'/a
—-*
Copper Range Co
211/2 Aug
.
Sep
.
100
92'
99'/a
——-—
40
:•
•
yyyi
7%,
7%
5
—^-—,———--——10
Calumet & Hecla
; Clues
General
:-ik
27
99%
if;/% 12
50
Guaranty
&
100
100%
2
common——10
Western National Bank
:
52
__
——100
:
3.60%
Commercial
—
20
Casualty
45
45
•
Jan
May
4%
504
' ■>40!:5::
40
^iX-,
'
1
25%
70
50
High
Apr
16
365
:
24%
148 Xv
148
148
';
Low
Mills-
prior preferred
Amsterdam
'17 X,
RR~.
Providence
&
Boston
Eastern
-
High
17
Personal Prop Trust.
Boston
Shares
4% X 4%
.
24Vt
:
Merchants Si Miners Transportation—•
Mount Vernon-Woodberry
Common
—!
Shares
Low
High
16%
•
100
20
10
1
,—100
for Week
of Prices
'
Par
Arundel Corporation
Range
Sale Price
stocks
Sales
Last
STOCKS
Last
Exchange
Week's
Friday
Sales
Week's
Friday
Baltimore Stock
100
28%
29%
i
6
'
■
6
-
5%
30
'
6
5%
280
60
31
v.;
20
4%
4%
May
Jun
Jun
45
Oct
'8% July
7
Feb
U
S
Rubber
Waldorf
Inc.'..
Westinghouse Electric Corp
System
22
'
469
F«*b
34
(1382)
THE
4
COMMERCIAL
& FINANCIAL
OTHER STOCK
RANGE
WEEK
FOR
Week's
Last
STOCKS—
Adams
(J
D)
—
—*
Corp common——
Admiral
1
Mfg.—
Aetna
Ball
Allied
5
Castings
Aluminum
Advanced
Laboratories
Bearing
*
common—;
4% A
10%
,
American
Tel
Asbestos
Tel
&
Co
&
Co
100
capital
200
>
,
soa
•
;
Yates-Amer
Products Corp capital
Manufacturing Corp
1
,——4
3
Bastian-Blessing Co common
14%
•
Athey
Avco
Mfg
Co common.
500
13%
14 %
7%
11%
Feb
Alleghany
23%
y.:.
Oct
American Radiator & St San
Feb
i;#17 'n Jan
§ 150
174%
Jun
9% May
2,500
Unlisted
Corp
2%
300
l7/a May
8%
150
8
Oct
13 %
Sep
Columbia
4%
5%
600
4% May
7%
Feb
Continental
(
Belden
Mfg
Rights
Co
250
28
20%
300
18'/a
Yt
%
18,050
14%
Certain-teed
Feb
17%
Feb
n
—
Berghoff Brewing Corp
1
Blnks Manufacturing Co capital—,—1
\V)
(George
Borg
Corp
38
19%
10
common
i
w
37
12%
Oct
Apr
38
Apr
23%
%
&
Co
Bruce
Burd
(E
Piston
capital
(E J)
& Sons
13
350
13%
L)
i—
13%
100
12V2 Sep
11% May
10%
50
9% May
common—J
Burton-Dixie Corp
51%
41
15
5
1
15%
15%
12 Va
General
Television
Electric
Graham-Paige
Lar.lfirifl
Gas
Co
fie
_
Radio
Carr-Consolidated
Biscuit
Central
Corp
common—1
preferred
*
111
Secur
&
Cent
Util
W
S
common—1
North
51 %
Oct
45
50c
common
16%
Feb
Packard
15ft
leys
Apr
21
*
Feb
Pan Amer
11% May
23%
Feb
Paramount Pictures
Central States Pr & Lt
Burrell
Corp
Chicago
pfd
10%
£
10
77 !.*>TV
••
8'/a
.
7%
Mntnr
20,
Apr
15% Mar
8% May
10% July
25
Co—
Consumers
Common
Cumulative
preferred
6% May
9 %
Feb
7%
1,850
5
gy#
Feb
Standard
58%
37 ?;•
60%
600
31
America
(W
Co
Hammond
H)
common..
Harnischfeger
Corp
Co
Brewing
Illinois
Brick
Illinois
Central
Co
Independent
Indiana
Oil
33%
35
41
9% Jun
36%
100
30% May
3%
:
:
3%.
95
3%
500
100
16%
;\
102
16%
59%
57%
21%
*17%
4%
_
&
Sep
Inc
Co
Presure
National
Standard
9% May
19%
''
Aluminum
Feb
Feb
Burger Brewing
Champion Paper fit
16% May
21%
Oct
21%
600
10%
500
22 Va
24
10%
11-%
40
550
50
1,500
56
12%
100
Jan
6%
250
17%
65
16% May
20/
Sheilmar
9% May
11
South
Standard
17
Apr
19% May
10% Sep
2, 15
Mar
40
Feb
37
24%
^
Sunbeam
Swift & Co
Swift
11% May
17%
—•
.M\|
^
Co.
Rights
Thor
La
&
Cintcnnatl
Sep
•
Street
Cincinnati
TeleDhone;—
2
U
S
Steel
13%
Mar/.-
64
Mar
,
July
79% July
16
10Q
24%
800
3:
17
800.
12%
May .:
Feb
Feb
Jan
12%
Sep
2% May
10% May
4%
Jan
15%
July
7%
Is Crosley Motors
10
...
-
Co
8%
350
p; 8% May
18
Jan
2%
2%
300
12
50
1%
Sep
6%
11% May
109Va
8%
109% 109 V2
8%
A-;.—.
1—
Kahn'
:
10
Feb
'
16 Va
16%
16%
11
11%
14%
14%
14%
Feb
/rNational
May
.111
Mar
P
8
May
11
Apr
Randall
250
2,700
5,650
-
650
: 15
May
30
13% July
8% May
Jan
24%
&
7
9
21%
165
323
7
Aug
14'/a Feb
233
71
Jun
99 Va
260 * T
12
Apr
U. S
U
July
26%
—1.00
Puropsr pfd-.*,
classr A
•
67
♦
93
100
11
13%
100
13%
1
5%
5%
5%
•?-5%
30
1,000
10% Feb
,
Apr
9%
1,10.
Apr
Jan
17%
Sep
26% Feb
Mar
14
Sep
30
50
4% May
6
5
6% Sep,
40
120
-
85
28
Apr
Jun
May
94%
Feb
Feb
18 v
Feb
*
36%
36%
37
1,000
30% May
1
12%
12%
12%
14
25
14%
26
May
3%
26y8Mar
Jan
12% May
'
C'Y
/
Coach
American
American
—
53
53
40'/52
71%
Feb
47
47
47
54
38
Jun
52
50
50
50
30
49%
Jan
52%
Apr
Feb
Week's
Par
v/".
Low
fii
July.
Tel
Tel &
100
(Un)
Sales
Range Since Jtniir; l
High
3%
3%
15
Body
Low
300
3%:
15
14%
3%
1,035
.
:
vr
..
a
30% a30%
150
8%
Cleveland
32%
33%
•
12
12
•
15%
•
900
16
%
40% July
Jan
12% Aug
x24% Mar
150
10
500
-
Sep
13V2 July
Mar
27 y4
27 y*
50
11
11%
600
8% May
3
7%
34%
14
May
6% May
23% May
7
350
1
.3%
3%
400
25
39 %
39 y4
500
5
15%
15 %
i. 100
*
31
31
5
23%
23%
25
33%
33%
250
•
500
Eaton
Erie
May
37% May
14
16% July
9% Feb
Manufacturing
Railroad
174%
27% May
5
General
Electric
General
Motors
Glidden
Co.
Goodrich
(B
F)
Lakes
Preferred
May
May
Industrial
Rayon
4% July
81
44
Julv
19
Sep
Aug
May
37%
Jan
Sep
26%
Jan
(A
Medusa
Metropolitan
Nestle
Le
Mur
Sep
Reliance
2y4
Sep
May
23%
21
May
47% May
Ohio
Edison
27%
100
23%
84% July
44% Feb
54%
Jan
42% May
8% May
57
Feb
12%
Feb
32
■
«
Jan
May
Apr
142
.
May
39%
Feb
Jan
65%
Feb
50
11
13
Mar
49
Jun
Oct
23
Feb
27%
Jan
30
Aug
22%
Sep
31%
F6b
51
Jun
54%
•Jan
30:/
210
35% May
12%
50
32%
35
31
28
27% May
;<617
11% July
11%
12%
70
70
37
38
:i
13
49% Jan
71% Feb
17%
V'VC :25
a45
a
12%
i
'
34
10
,
a31% a32%
■>
"
250
51%
al2%
?•
:
22%
V a45
w -i
51%
'
•
51%
51%
1
(Un)—.
Trans
.
29
32%
fii
135
-
17%
f
29
.
*
Cement.
Electric
Feb
Oct
h::. 5%
':&■ 6
5%
*
r/
7
9% May
Jun
&
Standard Oil of
45
^
52
Jan
1
45
Feb
15Va July
36%
39
16%
Feb
,
Feb
Feb
'
71
Sep
52
4%
Jun
4%
Jun
31 '/a
Apr
5
24%
35
24V4 May
14% May
27%
403
22Va May
'
44
45
24
a
July
Apr
50
50
28 Va'
13
Jun
34Va
26%
a
w
27%
*
9
200
.
7
■
•
:
198
%:•:•
5% >
28'/a
5
(Un).
230
a33% a33%
«
—
Richman Bros
33%
*
4
J,
common
Sargent
54
'Jan
I
8%. Feb
1
Jan
|
10%
38
Jdn
30%
Feb
24%
108% July
79% Feb
30
July
U
Coach
1
44
common.
(Un)
S
Steel
common
Van
Dorn
Iron
-
1
_
(Un)
Works
Youngstown Sheet & Tube.
V2
a26% a28 Va
:
--
Oct
66
23% Jan
al3% al3%
-
31% Aug
50
9% May
*
58
44
79%
Feb
288
10
20%
Feb
a69% a737/8
363
53% May
74
Oct
12
*
—
V'
•
15% Mar
61% May
13%
a69% a71%
«
1,490
'
Jun
I
'
Sep
30% Feb
54% Feb
Feb
Twin
89%
17%
*
class A
Republic Steel
62
Mar
40 V4 May
10
a56% a56%
-T-;,
^
..100
—_—;
Paving Brick
59%
27%
(Un)
cla
G)
Portland
Sep
100
__
(Un)
& Sessions
Sep
.300
July
37
32% July
13% Aug
Feb
Lamson
1%
72%
common
Laughlin Steel
2 A
14
4—
>:?
22%
Kelley Island Lime
1%
2,000
11% July
80
:•?
15
a9%
i a45 Va a45%
,-7
.
—.—
Iron
Patterson
4,900
al5
a57% a57%
'VV'j
Steamshin
21%
102
a
common—
Interlake
53%
33 %
■'
-r;i
«
Interlake
100
70%
10
—
——^T——i,—...--50
2,900
21,800
22%
12
3,535
a35% a36%
.
(Un;
common
Towing
23%
48
140
Halle Bros common
56%
102
(Un).
Stores
Drug
Gray
23%
31%
560
407/a
a51
(Un)
Feb
24 Va
48
82
a48% a48%
....
common
Feb
16
•
12%
81%
a9%
34%
33%
2
12%
.—15
Feb
v-■••---A WY
40%
/
(Un)
17y4
.
26% May
31
12%
•
com—
Natural Gas (Un)
53%
200
Illumin.
•
Ltd—
21
.1
common—
81%
Electric
Consolidated
McKee
50
Iron
Cliffs
$4.50 preferred
Cleveland
Feb
Feb
16
149% Jun
.
.
*
High
5%
Sep
11% May
al57%al47%
—
,
Great
32%
5% Sep
16% Jan
50
Friday
Jones
40
125
14%
713
Feb
7% 8ep
67% July
Feb
29
42.
5%
27%
18% Aug
Cleveland Stock Exchange
Apr
13%
Sep
May
page
26y«
5%
—
.—10
...
Jan
10
29%
Apr
51% July
—•
Playing Card
Printing
S
Feb
capital..
see
67%
26Va
»
..1
1
,100.
66%
-*
B
8%
Feb
11%
*
23% Apr
12% May
5
July
56% May
13'/a
8%
8%
26%
18
•
10
26%
13Va
„
.—.10
180
'
22% Jun
12
May
common
40% May
Apr
Jan
21
148
600
Carbon capital
20%
Jan -.r
221
Shares
11%
5
48%
25% July
for Week
200
Corp
47%
—
14%
5
:
Range
common
St
15%
of Prices
29
common
Apt
15%
Last
13%
;
Jan
'43
Sale Price
16 Vs
deposit.
69
Jan
Jun
17%
(The).
Jun
^40
Jan
28
Co
Jan
53
12
15
16
capital stock
20
200
Apr
8%
29
common
10
58 '/a
42»/a
Oct '
Sep.
16%
Tool
23%
58
Sep
200
90%.
Feb
May
•
:
14
42Va
36
30
90%
Jan
14% Mar
7% Sep
221% Sep
8% Feb
3,
common—
237/s
66
*
Feb
19
32
Corp
7%
48
28
*
]
7%
13
'
*
^
81
May
50
,
"
29% Feb
34% Aug
50/
21%
Feb
1
,,
110% Aug
Feb
200
165
Feb
26%
21% Jan
Oct
13%
*
common.
28
.
Jun
13%
220
1
,
25
64 Vb
50
5%
5
Oct
106
49% May
900
9
Sep
103
56
7% Apr
..._.__2
■
-169
17% May
2%
capital
27%
109
.4% Sep
47% Sep
30
2,650
50
Works
v
350
47%
1,150
•
'
'
100
♦, ./ \.
*
12%
58%
G_*
Rapid
13 % Mar
'
13% May;
1
10
'
-July
19% May
8% Sep
50
100
47%
4
22
100
I '
7J/a
8%May
<
80
...
*
;
Magnavox
Feb
56%
107
100
_
11
26%
Lunkenheimer
60
5
common
11
"
——
500
8%
18
100
;
23%
32%
37 % Feb
4% Fety
7
Jail
Jan
15 %
6Va May
•
(new)
4%
22
23'A
High
17% Jan
' 29% May
10
268
,
22
„
*
11%
.
45
155
5
%%.
*[
12
33
?
Eagle-Plcher
Jan
Range 8lnee January 1
Lqw
31%
«
•
Shares
High
32 y2
7%
class
53% July
com
common
footnotes
900
13.
'
Art
500
Westinghouse Elec & Mfg common.12%
For
.
Feb
..
..50
/^Cincinnati Union Stock Yard
8%
.»
•
common..
Co
Mach
Union Carbide &
10%
23
21%
106
Hobart
*
Ind capital
Salle
|
40Q
/.'•
16%
74%
31%
27%
Gibson
58
common
(The)
•
'
/ ;io
.
Co
So
Feb
/
400
Week's
Sales
Range.• -' / for Week
100
Feb
13%
Corp
Trane
208
Feb
30%
; 100
of Prices
'
Cincinnati Gm common .——8.50
Feb
57%
common
of
•15%
;
r.'i
11
29%
13%
common—...
Lathe
Certificates
10%
Sep
May.
9'/2 May
—
-* A
r
^
25
7%
common
International
Texas
May
3
—
May
38%
class B
Corp
Sundstrand
21% May
500
'
—
——*
18% May
2%
—*
common
Stewart-Warner
400
8%
<4%
•
Fibre..,
19
36
(The)
Oil of
26%
33% July
28% July
5
300
54%
com—„
—
Preferred
24% Aug
May
7%
.10
preferred—
Dredging
Standard
Jan
20%
32%
,
250
.———1
Prod
Inc
25
Loui
20
—*
27%
--
*
Elec Co common
Cummins capital
Bend
300
16
——
-
I
Churngold
Mar
v'-'
54%
vtc
Corp common
Signode Steel Strap common.
Sinclair Oil Corp
Society Brand Clothes common.
Spiegel
30
74
-
.....1
r?-
Jan
7%
5
B___—
(The)
Roebuck
Jan
11%
21%
38%
(The)
class
Serrick Corp
31
11%
21%
;
27 V4
17 ./
Pennsylvania RR capital
Sears
Feb
Sep
Sale Price
City Ice fi1 Fuel
Sangamo
Feb
7%
14%
22%
11% May
1
Balcrank
Feb
52
54 Va
common.
Peaboa> Coal Co class B
6 %
preferred
Schwitzer
33% Jan
Sep
100
27%
74
Akron Brass Mfg.—
Packing
*
•
4%
1.70Q
600
27
*
Laundry Mach
;3 American Products
9%
34%
Manufacturing
Rath
Feb
1
..
American
31%
2
7%
Co
22%
34%
8
:[• Vi
25
_
Industries
Apr
10
Bancorp
Util
Oats
12% May
25%
Par
23% May
common—.
Northwest
Quaker
400;
5%
11%
—15
_
'
200
common—
Corp
Process Corp
Feb
Feb
22%
Frjday
'/V-{:/■/:,A Last
Feb
31
Sep
7
_
—
—
Cooker
Northwest
Co
Feb
6%
19%
10
26%
STOCKS—
1,200
12%
,
-
common
National
Potter
5%
Apr
29%
20%
*
Montgomery Ward fit Co——-
Co
May
4Vg
Cincinnati Stock Exchange
19% July
11% Feb
50
—————_
Circle
Jan
Feb
9%
22%
'
i
—
26% Mar
Feo
100
common
National Cylinder Gas Co
&
3
8%
39%
May
14 V. May
—
1
27%
common
1,500
Mfg common———...——*
Poor
32
200
15%
3
Co
8%
24
^
27%
1
Chemical
Perfect
Oct
600
.„•••
'8V4
Corp
27%
40
t-
Modine
Oak
5% May
2,800
5%
17
4%
1
59%
21%
11
"III
Monroe
111
5%
5%
} 9%
100
u
500
4
•
*
common
Preferred
Northern
Jan
■
Aug
16%
10
*
com.
_
preferred..
Preferred
7
36%
16%
1
J
Jan
104
May
13%
21
24
;
100
Tool
2% May
& 81
100
17%
-10
common
Mickelberry's Food Prod™
Middle
West Corp capital
Hart
4%
■
Class
&
N
7%
8%
#
Products Common
preferred
prior
7
5
common
Spring
13% Feb
37% Sep
950
.
a
10%
capital
RR
Libuy McNeill & Libby
$1
Feb
—
1
com.
common
Sep
20
50
10
Co common..
Kellogg Switchboard common
Kentucky Util jr cum pfd—
Miller
6V4
20%
•
Jan
36%
common
Drug
6%
Jun
May
Sep
40;;
♦
Stores Inc common
Jim Brown
of
Steel
Kroger
Katz
(The)
27%
1;;
Co capital..
— --3
Pneumatic
Steel
Aug
28
May
Apf
-
10%
*
Corp (new)
Co (Geo A) common
&
United
Wilson
25
40
'
common
Werner
Hormel
39% July
32
27% May
10%
...
common
Instrument
iG)
200
5%
2%
Inc new
of America
Corp
Oil Corp
Sunray
July
10
250
common
& Dk
Heileman
Heln
1,700.
1%
Auto
Razor
Lakes Dr
26
10%
Corp common
10
Refrigerator Co common—.—1
Gossard
29%
62
Jan
40
General Motors
Great
Sep
23%
100
Brewing common
Safety
Feb
5%
5%
''
22% Mar
—10
Fox
Gillette
56%
300
,
—5
Inc
Drive
Gibson
;;
Aug
200
;
29%
•
—15
Four-Wheel
(Peter)
38
26
—1
(The)—
Watch Co—:-
of
12%
33%
Co
Standard
6J/a
5
Corp class A
National
Mills
12%
May
5%
•
Socony Vacuum Oil Co Inc
19% May
29%
10
Eddy Paper Corp
Elgin
8% Aug
25%. Oct
200
31
—50
new
Corp
Plour
May
7
17
Republic Steel Corp common
1,200
38
25
(new)
common
Credit
Domestic
10
35%
;:io
Radio-Keith-Orpheum
'
8%
-—*
Corp
Doehler-Jarvis
12
■
_
(new)
Dodge Mfg
•
25 Va
_5
common
Mar
500
14%
Car
Studebaker
Inc——
Edison
Commonwealth
■:1;v 7%'Mar'
!•»*'
7%
.
10
Co
Oil
7%
2%
(The)
160
v<?
.f
Cities Service Co common——
42
1,900
7
5
Airways Corp
Radio Corp
8%
•
(new)
Chrysler Corp common
Coleman
Pure
Jan
Sep
12
2,500
8%
5
——1
Chicago & South Air Lines—_—
Feb
41%
.
—•
common—£
Corp
common
31% May
;/•
-
H-
Cherry
•
May
100
6% Feb
Feb
■p! 17
May
26
1,000
Jan
Jan
100
2% May
12
200
8%
5 V2
-1
Central RR capital
American Co
Jun
200
100
300
12%
York
Mar
8%
15 V8 July
•
'
—4
10%
13%
10 Va
Jan
18%
a
Corp
40
8%
3%
8
,
Motors
35
13%
^/v:;
13 y2
9% May
14% "t
35
8%
—1
_
Light
Nash-Kelvinator
13% Feb
200
>'
Jan
'Feb
101
Jun
12 »/a
12%
1
*
300
13%
23%
:v 17%
*
„
150
18
13%
13%
250
1
High
,
.
May/;
33%
.
35
1
Electric
Motors
150
18
10
_
32
33%
—50
Pepsi-Cola Co
Convertible
;
'
1
—
Butler Bros common—
50%
40%
,
—5 ii
common—J
Ring
51%
3%
$ 13%
a—
.—10
Products
Gas
Farnsworth
Sep
New
Brach
\
}
.
Jun
Aug
tt Sep
10%
10
14
3%
*
com.
Curtiss-Wright
38
11
;
16
Stocks-
15% July
3% Feb
:
l»d
1,4 a
13
American Rolling Mill
Anaconda Copper Mining
10
11%
50
Feb
Sep
Jan
98%
11%
_
Feb
2%
5%
capital..
Apr
8
2 V4
—
Mach
Low
,
18%
9o7B
common.
10%
v
9 Va
:*'!■
Banfcshares
Range Since January
High
18%
—
157% 157%
5
common
Shares
common-
15 %
Jun
3%
■
Wisconsin
High
6V2 May
250
11
23%
14 %
800
i
Sales
for Week
of Prices
Cumulative prior preferred
Range Since January 1
'
Armour
g •/
Range
Sale Price
Low
io
;
7Va
23
V'"if
23%
common—
14%
4
4%
g"% STOCKS—
Wieboldt Stores Inc
Low
7
'■
Y//
High
14%
'"
7%
Week's
Last
Shares
Low
Monday, October 6, 1947
3
Friday
for Week
of Prices
Sale Price
Par
OCTOBER
Sales
Range
1
;
EXCHANGES
ENDING
Chicago Stock Exchange
Friday
CHRONICLE
!
M
THE
Number 4635
166
Volume
COMMERCIAL
& FINANCIAL
OTHER STOCK
RANGE
FOR
WEEK
CHRONICLE
(1383)
EXCHANGES
ENDING
OCTOBER 3
Friday
Week's
Last
Range
Sales
for Week
Sale Price
STOCKS-
of Prices
Shares
Par
WATLING. LERCHEN & CO.
Merchants Petroleum Co
Low
1%
1%
400
Low
1
Members
Stock
Detroit
65c
65c
70c
21c
20c
21c
.6,500
1.50
1.40
I
New
York
Curb
Oceanic Oil Co.
Associate
——*
Pacific Finance
Ford
Building
DETROIT
'
„.
Corp common,
Elec
.25
Gas
&
common
Pacific
Western
Sound
Oil
Week's
Pulp
•>•'
i
Low
Par
Aeronautical
Alien
Products
Electric
American
Metal
Baldwin
3 V2
4,630
3%
425
125
15 y4
Jan
11
130
10
May
•
2
1
23»A
'
2
133/8
2
13%
200
13%
Feb
24
Consolidated
Consumers
Paper
58%
'••■
:
58%
1% July
228
21
S
r:-
21%
246
3li%
8 %
v.
.
2%
15%
Feb
Jan
Jan
-YL
Bros U—
i,_.
4
5
5
.
7%
100
4
3%
2%
2%
13
6%
-
1,200
23%
13%
Y
Jun
6% May
6%
2%
„1
1
35
100
300
23%
Gray Iron
May
815
2338
-20
20
Detroit-Michigan Stove
Timber
Motor
Frankenmuth Brew
Hie
Friar
J.
Truck
.,1
common.—.
•
100
••
Wood
13%
:•
2,805
3%
2,235
10%
37% July
common
4%
General
Finance
22%
-1
59 %
"
Goebel
4-1'
1
Brewing
Graham-Paige
Y;
Houdaille-Hershey
•.
Y
Hudson
Motor
.
Sierra
Trading
Co
Sinclair Oil
Solar
Corp
Aircraft
Southern
Kresge Co
'
Sep
4
(S S)
——•
».v
20%
/'
-
V
McAleer
Mig
McClanahan
5
Southern
Pacific
Standard
Oil
100
9%
6%
7
6%
-
5,095
,
4%
5%
13%
100
17 %-
17%
-
-
2,290
13%
y 210
25
pfd class A
Packard
Motor
Parker
Metal
9%
Feb
16%
Sep
ey4
3
•
Feb
5Vn
Jutt
Western
Lines
Air
Cons
Imperial
Unlisted
Feb
18%
Jan
American
20
Apr s
5%
G
38
13% May
476
•*
■
35
21/4
640
6 Va
6i/a
500
1 Va
1"%
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2Va
13 Va
5
Ryerson & Haynes
*
29
29
1
:
5%
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:
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300
;-
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•
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Armour
Atchison
2% Jan
/"■■«% Aug
1%
28% May
3% May
7ya
Co
Mng
8%'
10
—T—
Hheller Manufacturing
;
Superior Tool & Die common,,„—
8%
7%
14
1
1,896
14
12%
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Y'
Y
2,000
3%
3%
12%
450
;
r
v
.
Feb
Co
Sep
•
Atlantic
Udylite
Union
S
-U
Corporation
—.1
Investment
Radiator
Walker &
Screw
Wayne
:—,—
6%
12
Y .'
12
16
•r
Apr
33% Mar
5% July
Oct
Sep
14
2
'2
2
1
2 %
2
11
100
2%
Jun
Jan
Oct
4%
July
7
Mar
18%
Feb
16
1V4 May
Aug
2% Aug
2
•*-•'•
900
Barnsdall
Last
2%
Jan
stocks—
/
Y;>:>
Petroleum
Bandlnl
1
Chica
Central
Oil
Packing
Investment
•
Certain-teed
Chrysler
•*
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-
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1
*
*
:
Corp
common
Corp.——
Products
Corp
55c
2,400
50c
10%
4,105
5
1%
1,200
1
7%
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10 Va
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10%
2,815
13
13
250
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50
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20
20"%
1
—
Fuel
Preferred
&
Iron
Corp com
i—«
L
—
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v
Canadian
Case
Pacific
(J I)
200
.
6oy4
*
14%
•
y
Cities
Ry
Tractor
al8
al8
Electrical
Products Corp—.
jEmaco Derrick & Equipment
Exeter. Oil
Co l td
class
i4y4
Service
40
Sep
8
8'%
200
10
Jan
fi
14%
14
v" '
75c
Edison
Commonwealth
Commonwealth
Corp
Garrett
Corp
Co
Consolidated
Vultee
<N
—10
6%
1.00
Sep
Oil
Co
Hancock
Oil
Co
class
A
common—
*
8%
57%
r
V
"
I
'
Hunt
Foods
Intercoast
Inc
19 y4
—
common
Petroleum
—6.66%
;
-
21%
10c
Corp
Katser-Frazer Oorp
l-ane-Wells
...
11 y4
;
85c
1
11%
Aug
4
May
6'/a
Sep
1,400
1.00 Feb
2.00
Apr
17,000
2%c Apr
6c
Sep
6c
2,500
12c
Jan
10
/
-
5c
JUn
/
14%
a
:
11% May
125
,.
25
*
'
51%
"16%
Feb
64'/4 July
Apr
150y8
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al57 al577%
Jun
35%
35y4
393
14 3%
641
10
84
84
215
125
4% May
v.
*
a32% a34%
5%
5
-
,
Jan
42
71% May
32'% Apr
734
173
31 ya May
14%
84
IT:
17
»
a28% a28%•
Mar
15% July
May
97
Jan
Feb
36
.,7'/a
Feb
a90%
Y
"■
a427% a43%
245
Feb
Sep
May
39%
Sep
Feb
96
Jan
15
Jun
20 Va
40 % May
-
64
a52% a52y8
a417%
75
24
29%
43%
32
40
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Sep
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30-
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22
I 145
.
/t/v. ''105
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•
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Jan
Sep
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46 '% Mar
10%
11%
'■
535
9% May
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70
a52% a59'%
350
a36% a38'%
12
12'%
—'
29%
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190
28%
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3
3%
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Aug
15%
Feb
25
'
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*
1
' Y
34% Mar
~.
93
24
10
34% Mar
V."
Sep
968
1
54
>Jan
May
al3% al4'%
63
Feb
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12'/4
Sep
Jun
31%
Feb
2% May
57
8'/a
1,765
a44% a46 Va
~•
37
7%
1
a46'%
Bond
Power
Share
&
Co
&; Light
Electric
-'Y
3%
Jan
17%
Apr
12%
Feb
11
May
7
May
417/a
Corp
Utilities
v
45% July
Jun
,—
_*
4ya
393-
13
65
17% al7%;.
Jun
32%
Jun
100
20
10 Va May
50
11 % May
a35% a36%
Oct
Feb
6%
■
May
12%
12%
Feb
16%
Jan
16%
Y
Jan
May
39%
Feb
a37% a37%
25
39%,
Sep
42%
Jan
14
14
235
13%
Sep
14
4%
a36%
.
5%
1,740
*
Corp
5%
26
al8'% al8%
*
Corp
/ 350
32%
5
a
.
5
—
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Co—.—*——.*
Foods
Public
31%
5
32%
1 :■/ 5'%
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Iron
Kennecott
■
—
5%
1
Corp
*
Co
of
21
12%
13
*
a28%
362
33
3
44%
Apr
Libby
Libby
7
8%
McNeill
Jun
Loew's Inc
&
•
Sep
5%
Feb
13 Va
May
*
1
Jan
Feb
Montgomery Ward
9%
Feb
Nash-Kelvinator Corp
13
Feb
York
& Co,
North American
Packard
25
Paramount
Feb
_2Q7/s Jan
Motor
Car
49%
11%
19%
21%
564
■
.J' 100
y;/*'
Apr
8% Jan
•.
..
30.
Aug
..,26
Feb
12% July
Jan
9y4
Feb
14% Jan
10 J Jan
Jan
65
Feb
& May
34
Feb
42 Va
11
Pictures Inc
Pennsylvania
Railroad
.
10%
Feb
25%
••
Jan
'•
22%
23
•
Sep
Feb
Oil
25 /
42%
200
37%
547/8
Jan
4iy4
•
,
26%
a7%
Y 26%
^
26%
58% Mar
Jun
110
Jan
Aug
12% Aug
y4 Sep
95c
1.35
May
43% Aug
60% Feb
28 Va July
22% Apr
152
,•/
7% May
10%
Feb
545
23 y8 May
30%
Feb
'*
Studebaker Corp —
& Co————
97
21%
37% May
115
/ Y 785
21
—1:
21%
25Y;Y':~-
a33 a33%
Y
17% Aug
July
14 '" Mar
553
a72% a74%
.
—*
1"
16%
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23
a74'%.
—
Swift
16%
-15
Socony-Vacuum Oil Co —
Standard Oil Co (Ind)
Standard Oil Co (N J)
Texas
Union
Carbide
Union
Pacific
&
Air
Aircraft
Lines
United Corporation
U S Rubber Co
15%
Jan
3,600
1.15
Oct
*
44
65%
78 y4 July
Feb
25%
33%
Sep
14
14%
366
Oct
Warner
20%
Oct
Western Union Teleg Co
al02%
"
22%
165
138%
10 '
j,
Apr
54%
: 22%
100
93 '/a
Sep
17 V»
93% Jan
Jan
19
Sep
Oct
,25
20%
al38
20%
.
a
27% Mar
Jan
22%
a3
120
2% May
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Jan
a 44% a 45%
Y 150
43 y8 May
59
Feb
18%
Feb
a22% a23'%
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1,551
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—
4
1
t
1A Sep
18'% May
47'/a
55
y
Jan
60% May
218 Oct
Sep
•
19%
.3
—
53%
2,049
31,564
Feb
37%
16% May
139
a3
a27/a
60
'
V
Sep
Feb
11%
*•
•
100
21'* :
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22%
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Corp ;
(Del)
1.00
5 /' May
250
1.25
Corp
Co—
Inc
United
56%
Hi
Carbon
Railroad
United
2oy4 Feb
1.15
•
.10
.
29
Jan
;
53%
56 '%•
23
Tide Water Assoc Oil
13% May
65c
—
Company
i
Rights
Texas Gulf Sulphur Co
Jan
Jan
Feb
a—
•
195
263% v
a8y« :
Jan
26%
'
Apr
70
26%
a8%
a52% a53%
Company—
-■?.
Feb
30%
Oct
85
42%
.*
Inc
7%
Sep
'■
Feb
27% July
Sep
a29% a29%
a297%
10%
Jun
4%
17%
267
■
16%
22 V4
22%
.
450
23
17%
Feb
Sep
May
21% May
50
1,680
5
17%
1
50
Co
7 Va
500
8
a25% a25y8
4%
—
15 Va May
10,783
Jan
46% Aug
,
62%
.
1,050
3,600
8
—
"
<
805
/
V
,
;
:/ 7% May
82
,■
12
-
-
150
;
2,100
16
955
..
May
2.05
Sep
5 y4 May
10
'•/375
11%
20%
15%
13
•65c
52%
'
85c 87%c
9
62
Jun
"
w'
250
15%
15
•
Radio Corp of America
2,600
16%
Y
61% July
Sep
Jan
^
Apr
15
'
*
Co
23%
y
Aug
20
55%
1
Ohio Oil Company,
29% Mar
11% May
;.i
19 V*
51 y4
20
55'%
•
Aviation Inc.—,
15% July
Pure
500
125
.228
20
———
Phelps Dodge Corp
15,300
y 850-
Jun
125
16'%
Inc
Central RR
Apr
12% May
;v/. 350
8%
36
Sep
Apr
• y-—
*
—
Jun
28%
43%
,
Sep
2%
56%
10
118
■V 275
44% Y
8%
"■
/
25% May
19% May
25
10 '/a
420
13
a27% a283%
*
Pullman
100
18%
Canada
Copper Corp
Feb
~
57%
20%
1,1
Company
6%
14%
.
''
.5
Class A
Feb
1.15
•
1
■
Corp
Curtiss-Wrlght Corp common
16% Mar
-
9% •
1.05
1
_
Feb
a60% a60'%
-
Zellerbach
Crown
20
80c
100
Holly Development Co
Hudson^ Motor Car Co
Sep
79'/a
"
;: 34%
*
28 .?* 28
a45% a45% ;
Hilton Hotels Corp
103%
6c
,
al3%
al4'%
al573/8
•
(Del).
10%
Jan
6% Jan
100,,
-
•
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Goodyear Tire <3c Rubber Co common—*1
a45%
6c
—
Y),
Aircraft
Continental Motors Corp
Continental
12% May
6% : r'7%--..
v!'
Apr
63 % May
1.25
•
•
Edison Co
21% May
^'rnmtm
(The)
1.20
5c,
•
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Southern Corp
&
17 y4 May
10%
76 %c
7%
}
-1- -;•
May
102
10
—
Electric
10
14
10 y4:
...—•U *,>*Y
.—I
20
10
.
a4%1.25
25
25
Co,
&
Gas
300
Lj
a6iy8 a6iya
4
.
A
24% July
4,123
::
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Republic Steel Corp—
•
Feb
Jan
a_.
—
23% May
.
5
—
Co__
.*1,820
y.(": i,i82
v
26: 26%
Douglas Aircraft Co Inc.—...—
19 y4
15%
10% May
1,370
15
Co
Sep
.
11
300
15 y4
2o
14%
Jun
Sep
39'%
*
Pepsi-Cola Corp
Corp
i
*
Creameries of America, Inc-i__._1
117%
a._
Peb
12%
38%
39
5
Co
Caterpillar
New
20%
■
59%
Steel
Jan
1,015
5
6% May
650
/<
al7% al7%
60 'A
77%
Mar
47
62% July
72
5
Company (The)
Borg-Warner Corp
Interlake
f
*
new common
2.50
,V .• *•"'.•>' i *•'
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Colorado
v.-
40
Apr
517% Mar
102
13
Corp
International Nickel
High:
3% Jan
1
Corp
/ v.,
23,285
50c
•
: /::?■•■'
35
23%
■
6%
SY'WYY
IZIi
Corp
Dept Store J
California
LOW
9%
.
Y' 10% /:,/
———
36% July
70
3 V :
Corp
General
Range Slnee January 1
High
5VB
50c
•
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Oil Co
Broadway
6%
194
299
102
5
—
General
Sales
Shares
32% July
for Week
Lout
1
Company—.—
Berkey & Gay Furniture Co_,
Blue Diamond Corp
i-.i
Bolsa
Par
Consolidated
Barnhart-Morrow
Basin
V/ Y
(The)
Graham-Paige Motors
of Prices
Sale Price
l:vi
"'Y/ -'Y
..•
50
Ry__ 100
25
Borden
Jan
Exchange
Range
2,205
29%
217%
50
——
Fe
Co__„:
Oil
Aviation
Bendix
General
Friday
1,450
11%
•
Baldwin Locomotive Works
Electric
Week's
14%
23%
100
Co,,
Santa
Refining Co
Electric
Los Angeles Stock
13
11%
a25% a253%
11%
Oct
Jun
Jan
15
jan
Jun
May
14 y2 May
2,400
r,
2%
■'•••'•
6 y
245
6,835
28
29%
Feb
10
ny4
190
•
16
1 '
common
Products
Y
12%
6%
__
I
Company class B
Aircraft
Warner
*
common
12'%-
—25c
;
Mining
&
Corporation
Consolidated
*
11%
,25c
Boeing Airplane Co
i-9%
jun
3 Va
906
__1 /.
Ltd
(111)—
Bethlehem Steel
5%
Jan
7%
Co
Topeka
Feb
7%
9% Jan
.
510
12%
1 >
Jun
57%
10
Co—
Refining Co,
Copper
&
Columbia
Scott en-Dillon
&
Aug
3
15
31/2
;
Sep
5%
Y100
*
May
Jan
788
818
;
Stocks—
Anaconda
Oct
Feb
/
y-
2% May
120
«
4%
9%
,1
,
330
29'
•:Y„ 4%
—
5 Y
10
//."'Y 4,400
5
4%
Sep
Aug
May
16% Aug
13% Jan
34%
3% July
Oct
1% May
100
2%
2%
———2 '/a
100
13 '/8
2
6
4,370
-
2y8
13 y8
.
1%
75c
May
7% Aug
'
Feb
3»ya July
Jan
3%
14
30% May
44%
14'%
Apr
50
366
32
37%
a25%
Oct
1.35
1,421
10%
57%
11%
July
23c
*
Tel & Tel Co——
5%
Jun.
37ya
16'%
a
May
,
S
&
Smelting
11%
Apr
4y»
July
37%
1
Zenda Gold Mining Co
13%
325
Sep
45c
_•
Inc
Development
Amer
750
59
10c
26,200
','"44%
10
Gold Mng
Juneau
Chollar
Sep
2,065
31% May
48
108
2Q4
149,000
44%
23
common
Corp
Mining Stocks—
Alaska
14
4%
21/8
i
Feb
7
25% July
40% July
55
28
*
-
Steel
States
Jan
651/4
•
Sep
18%
*
Products,.
Jan
30'%
2
Co
Preferred class A
Feb
11%
*
Rust-Proof
Peninsular
21%
-
28
50c
Corporation
Coal
36:-
'•
-
Apr
9%
4'/»
—,——10
River Raisin Paper common.
170
17 Va Aug
May
30
1
Inc
Truax-Traer
10% Jan
200
Car
3 %
23c
16
•
Universal Cons Oil Co
Jan
Feb
6%
8%
31/2
——
Jan
14
100
28
v
*
United
Jan
I81/4
1
Stamping
610
16 y8
31%
25
Calif
of
Feb
30%
Jan
4%
1 Y
,
Jan
30
/
25
Company
Co
Feb
sy4
Jun
11%
1
Michigan Sugar common
Corporation
Murray
National
17%
3%
common
Sep
Feb
76c
al0%
31%
Jan
5% May
6
100
...
-
52V2
16'%
com,,25
Bunray Oil Corp,,
2%
:
May
943
Ltd
—
4%
July
—1
common,.
Oil
20
11%
May
45c 57 %c
57 %C
♦
Co
,
preferred
So Calif Gas Co 6%
Avco
Lansing Stamping
Masco
Screw Products
Jan
May
52
1
preferred
4.48%
Feb
*.<•:
.•
9
7
52 %c
17c
21c
1
Calif
—
Edison
14%
Sep
12
8%
10
.,
•»
38'/a Aug
13% July
Jun
1
-V;
4
Apr
1,795
.36
25c
Co
Calif
Transamerica
1
'
__
Oct
26'%
1,300
1,000
15%
30
Corp
Signal Petroleum Co of
Textron
200
59%
"
common
Kingston Products
Feu
48
7ya
•
common
Co
Security Company
Feb
675
5%
*(•
Car—
Kaiser-Frazer
62%
71
22%
Jan
1% Aug
160
...
8
57%
*
—,..—5 Y
common
Apr
Feb
19%
227/s
3%
5%
"r
"
'
1
L
Lamp
Apr
64
25
7
American Radiator & Stand San Corp,*
Hall
Jan
41%
38% May
Sep
42
18%
22 7%
Apr
16%
8%
Michigan Die Casting—.
Gerity
Feb
21'/a
Jun
570
57yac 57yac
5
61/2
•5%
*8
.10
—10
19%
1
Sears Roebuck &
Feb
8
Apr
16%
-fY
——
.
...
110
5
10 V*
9% May
-v-*200
22%
*Y
«
common—
General* Motors
34%
a35% a35%
5
27%
2%
•
1,200
1%
r-: 5%
1
Industries
a35%
2.50
Corp
12%
'
Oct
10 V2 May
250
4%
—
Manufacturing class B
236
-
48 ;.
5
2% May
"•
YY
•1%
1%<
Trailer
Gemmer
:;y't 233
20%
16'%
;
Gar
15%
1
Oct
23
-
2%
4'/2
.<i.
;
Fruehauf
3 Vi
:
---*
—
127% Aug
13'% Jan
100
1
Co
Co—
Union Oil of California
Federal
Feb
463
•
May
3%
3,288
107/a
1
'Electromaster, Inc..
Feb
2.05
14
46%
*
2iy4 July
6%
r
7%
-
61% July
19
6'%
6%
1
-
57'/a July
>••:
36%
8
•
-_1
1
,
Detroit & Cleveland Navigation
Detroit Edison common
s
Detroit
'
common,,,,——*
Motors
Milner
Davidson
—
.10
10
——
Power
Continental
Crowley
5
/_;
,,,
9'%
Jan
a55% a56y8
Inc
Oil
Oil
4.32%
Chrysler Corp
Sep
1.10
a38% a39V2
Ho
July
12 y8
12% May
235
v
/
Sep
5%
Aug
3% Jun
23»/4
Machine—,——,,*
High
3%
2
11
11
—1
Adding
Low
3%
31/4
Products___i.—____-2
Brown-McLaren.
5%
6,800
Safeway Stores Inc
Range bism Jan nary 1
High
3%
1
Rubber
Burroughs
i"'.
1
*._«
Drug,
Ranch
Richfield
Shares
Aug
for Week
of Prices
Jan
Mar
31c
<
1,250
.25
&
Ryan Aeronautical
Range
Sale Price
stocks—
Rice
Sates
Last
Jun
95c
71%
20%
a39%
common
Corp,,,
Republic Petroleum Co
Rexall
Exchange
Friday
12c
'3%
Mar
*
6% 1st preferred
Pacific Lighting Corp
Puget
Detroit Stock
High
Apr
48c
1.50
•
13%
-10
Paciflo
Telephone: Randolph 5530
V
6%
1
Chicago Stock Exchange
Exchange
iy«
4,700
1
New York Stock Exchange
Range Since Jannary 1
High
,1
CO,.
>]V
—
class A
Y
13% May
14
200
a24 a25 Va
Bros Pictures Inc,—-,5 f,
153
17%
a27 a28'%
180
22% May
14
25% Aug
Jan
■
Lincoln
Petroleum
•
Lockheed
Los
Co
Aircraft Corp
investment
Angeles
footnotes
see
—10c
I
Co
page 42.
100
1.15
a264% a264%
2
11
260
May
Jan
1.70 July
19
Jan
270
May
Westinghouse
12%
Electric Corp.
Willys-Overland Motors Inc.—
Woolworth
Co
(F W)
—
10
a9%
50
7% May
a45Mi a45'/a
15
44% May
a9%
1
!
—
30% July
13%
Feb
60
Feb
35
36
THE COMMERCIAL & FINANCIAL CHRONICLE
(1384)
OTHER STOCK EXCHANGES
.
/.'.A',;;
C",:
A
RANGE FOR WEEK ENDING OCTOBER 3
■
Week's
Last AAA Range
8ale Price V; of Prices
Friday
ll
:
;
■
AA?#
•'
Tel & Tel
American
Wks
„„rA'A:
17
Publishing jCo
Electric
Storage
General
Motors
•
Brothers
National
Power
&
3V2
305
19 %
727
57%
370
57%
59%
592
167
51%
%
Pennroad Corp —
s
Pennsylvania Power & Light
—\
1
5%
6Va
:
1,203
10
45%
.A
45%
45%
Philadelphia Electric Co common;——*
$1
preference
23%
i
'
A 30%
3
24%
29%
24%
•
common
29%
27%
30%
a4%
a4%
30%
33
——50
common
19%
45"%
46%
5314
53%
—
Sun Oil Co
>
•'
:
Transit Investmt Corp 6%
United
Corp
Eureka
Central
8%
Chrysler
Jan
1%
Jan
*
A_—
IV*
Mills
Columbia
22% Jan
27
Feb
51%
A"'1-
Jan
4
;
5
—
i-A'A
;X.
Coal
2%
-
3
45%
.AA'!
•
992
'
<—>—20
49
46%
70
.
45% Sep
•
53
56
1.40
1.40
Amer
of
60%
Class
Feb
5
4%
Range
of Prices
59
*
Alleghany Ludlum Steel
Clark
L)
(D
Colunfbia
Sep
24%
26%
Jun
B
A„2% j
i-il——
Inc common
_
Pitt
Port
*'-■ ■
12%
762
56%
Sep
20%
Apr
400
al8
100
110
10
12%
'443
10
27
Walker
Mfg
Mackintosh-Hemphill
5
—
Supply.^..
—
Co
14%-
14% .14%?
30%
32Va
121%
121% 121 Va
•
16%
••*«
—5
25%
100
19%
87
Pittsburgh Brewing $3.50
Pittsburgh Oil & Gas
Pittsburgh Plate Glass
??A:
*>
pfd..
__
•
Pittsburgh Screw & Bolt Corp.
175
50
126
125
7
,
>.
16%
8
a38'/a a38%
38
Reymer
Ban
_
.
Jan
July
16%
Jan
1% Jan
1%
Bros
&
_
_
_
80
7% May
9%
1%
200
1% Aug
2
Toy Mining——
19C
25c
...
13
29C
100
13
55,900
;
Jan-:.
Jan
108
Jan
123
Jan
>•
32 /
May
20
38
Jan
32
Jan
11
16% Sep
16
May
6
Feb
Aug
.
..
38
,
,
417/b July
A Jan
32% May.
807
3,250.
7%
38%
2.30 Aug
2,172
Sep
49%
23
y;\'.55 y
39
3J}
5%
-
Jan
10c
Jan
37
J an
% 3% Sep
f
5
May
71% May
•
J:
:
879
59
4% Jan
52 V*
"962
130
a9%.
Feb
28%
-
34%
"
26
92", 94%
a
Jan
65% Feb
Jan
125
25
28
25V'a
gy4 Feb
92%
i'i 6V2 July
<
20% .20%"
20%
22
Feb
Jan
35%
Sep
Oct
103% Mar
9% July
10% July
92
150
alO
Motor
Mining
100
48%
518
17%
18%
22V*
875
14
488
r
;
"300
,
-.10
Ah
,
Feb
13%
Sep
5Vb May
80
.
,
135
35%
100
35%
Macy <R H) & Co common
Magnavox Co ——.—
•
5
29%
30'/a
485
10
a26
a26
1
1.45
1.50
Menasco
Co Incj
Mfg Co common
a
?
-10
Morrison Knudsen
75
12% al3%
h
38% July
27%
1.25
Sep
17%
Feb
40% Mar
Sep
27
Apr
;
12% Apr
Aug
3%
15
23% May
635
Apr
Feb
38
Aug
12% May
Jan
10%
20
•
■
8% May
10% May?
29%
;
340
14. 14%
34% Jan
"30
Jan
>
33% Mar
33
25
Meier & Frank
Oct
Al7A"Sep
310
.
.11%
20% May
230
.7
..^.1
u
Jan
Feb
A 27% May
"
Inc...-—V
(R G)
Feb
29
1.45
125
;
20%
Jun
345
•;
* h
'52
May
70c
23,213
...*
—
1^.—
'
21
1
A.^
class
Feb
July
July
15% May
;>
6.66 %
common
Bk
29
105
94% July
39% Apr
R2 i
Corp
100
100
Oct
'48
*
Co——
common—.
Utd
20%
"
*
Co
Langcndorf
class B
125
20%
.*
—
Car
Ino
20%
•
of Calif class A
Foods
*v^l41
V'j' AA
.Marchant Calculating Machine
Feb
Jan
29c
„
500
5%
58%
Feb
8%
13
A-''"'''
_
A
May
1800
a75% a75%
a75%
100
A'AMA A
Libby McNeill St Libby...
Lockheed Aircraft Corp..
Jan
42%
Apr
8%
1%
107
225
.
6%
IV*
\
'*
Leslie Salt Co
Jan
67
1%
—AA
_
,
Feb
23%
May
280
3%;
*
Inc
Corp
Kaiser-Frazer
v'
'
Co
Jtenner
^
38%
2
common.^
—
Co
Oil
LeTourneau
A
Jun
32 Va
IXL
Jan
19%
5% Aug
12% Sep
1%
35
A; ;A
Jan
A; 17%
11% May
102
.
'
—.10
_—...
Sep
25% July
Apr
259A
36%
1%
—
10%
7'A May
55
53%
27%
Jan
197/b
Hudson
Hunt
17% Jan
100
15%
13%
h
32%
12% May
60,
,
7%
—
Corp' commonu..!.,..,..*
Stores
Bros
Hancock Oil
Oct
1,505
6
Feb
.'29% July "
,y.25% Sep'
?; 29% Apr
32%
85
16%
16%
7%
*
common
Service
Linen
Honolulu
Apr
9%
13%
,
25
740
103 V* 104 v*
•
Corp;
Machinery
Hale
Feb
12%
70
.
ii,;
48%
12%
27 V*
.
Fuel
Mountain
/.
Jan
16% Mar
19%
Apr
'
50
32%
__
Co
'M.j
May
,
25%
Refractories
Star Gas.
62% July
'
Jan
9Vs
■A
Feb
30
v
Jun
.17%
al4% al4%
al4%
1
Greyhound Corp
High
32% May
12%
10
...
13
.35.
Emporium Capwell Co common.
•
Eureka ; Corp
—i.-.—.1
Jan
Range Since Jannary l
11%
:
Jan
313
Gladding McBean & Co——_—* n
19%
—
Brewing
Harbison
Lone
■■■-
Electric
Steel
1.65 Aug
a29% a29Va
5
__
h :c:4%. preferred
160
57c
15%
a25% a257/s
25
1
common
General Paint
Low
35%
v.
652
60 V*
——_i_.20
Golden State Co Ltd common..
High
33
63
37% July
12%
&
Gas
Follansbee
.35%
Co
50% May
22%
i El Dorado Oil Works^Ui—.*
,54% Sep.
.
20
Shares
Low
Jan
Sep
645
Feb
Sales
for Week
Last
Aug
32
15%
15%
•
Chemical
Dow
Apr
Pittsburgh Stock Exchange
Sale Price
16
11
Apr
al8
*
General Motors Corp common^.^.^.10 ::
Par
Mar
Sep
7
22%
3%
common—
•
preferred
Food
STOCKS—
Aug
8
Jan
24%
Zellerbach Corp common
Galland
Week's
13%
400
410
Farnsworth Tele & Radio common—_1
Friday
20
8%
Di Giorgio Fruit Corp class A corn- —5
'Jan
74%
3% Jan
2% May
535
14%
14%
Apr
Jar.
25%
vAi;.-' V:
Doernbecher
Y .■■■''vA* A
*'"A?A1 A-'A;
' 22' '< 21% *22%" *
1,079
-X—36 A 36%
,105
:'•■■■.
Improvement—-1-^.^13%
Westmoreland
3
-
4%
7%
31%
Preferred
;■
4%
6% Mar
7%
6%
240
Jun
22% July
May
60% May
66
495
Jan
4% May
common—1
Co
Jan
20% May
192
7%
.--..i
Creameries
41% Mar
15
120
1,100
•
31%
Broadcast System, cl
Crown
17
225
•
:
Iron
&
Commonwealth Edison
29% July
30% Oct
Jan
6
225
5
Mining
hn Preferred
Feb
27% Jan
75
'
Feb
6%
Apr
Apr
6% May
5%
*
2.50
Fuel
Juh
21
a26%
1
class
Corp
Jan
35
.
4
l
High
28%
1,950
a24% a26%
A
<■
Clorox Chemical Co
Colorado
Oct
A'
:•
v
-100
100
Corp common
Caterpillar Tractor Co common
23
■■'t
■
AA 4%
part pfd—25
common
V
United. Gas
£
__
-A;"
preferred
$3
i
,'i,
•
'
■
#
19%
•
-
50
1,709
■'
7% '. 8%
8%
A;
1
Asso
Packing
2nd
Reading Co
Scott Paper
LOW
a4%
Ait 33
—_
Cotton
California
26%
910
Range Slnee January
High
Feb
12
;% Aug
Natl
Tile
Art
California
Oct
39% Jan
38% May
5,173
AAA 94
Low
-2.50
2.50
Cons Vultee Air Corp
Philco Corp common—
Shares
—20
20
Bank
Calamba Sugar i___—
65% Feb
18% May
55
for Week
—10
—
California
of
California
Jan
57%
May
17%
National
Byron Jackson Co
Feb
24%
Jan
5% Jan
50
Co—
Diesel Engine
Imp
Bank
.
7./ A.18% ; 19% \ >A1,324
18 %
17%: 18% '^ 2,873
Pennsylvania RR —...
;
Pennsylvania Salt Mfg .common--
12%
4% May-
159
Min
Bandini Petroleum
9 % May
5
.
l
AAAAA'A
Atlas
Feb
6
Sep
.17
■
■'
Sales'
Range
of Prices
Feb
Calif
Anglo
62% July
51% Jan
214
10%
5%><
<
15
May
47
22"%
%
Feb
Gold
Juneau
'^AA^A
Exchange
Week's
Par
Alaska
Feb
24 %
187/b
22%
.A—
50
174%
3% July
6% May
10%
I—♦
Jun
9
54%
22%
High
56% Sep
19%
-:A
='■
Sale Price
STOCKS—
»
16% May
100
;
i
28% July
May
149%
42
3%
10
Light
Low
23
346
57%
59%
5
Lehigh Coal & Navigation
Lehigh Valley RR —J
./'A
11%
60%
__
10
Range Since January
30
A.A: 9% .10%
„r;-c
—13%
Battery
Corp
A ■/<
58%
<59%—Ah
~1'
Delaware Power & Light
17
A'A^
'
" '
:
Last
166
986
HVs
2%
Cooper Brewing Co—-I—
Glmbel
\X
*
Budd Co
Chrysler Corp new com-—.
Curtis
157%
/
-—13
vtc
24% 25%
157
157% /
..
Friday
AAA ;AA
High
Low
25%
,*
100
-
Locomotive
Baldwin
AAA;".:
Par
American Stores
Sales A
for Week
Shares
.^?,:AAh
..A/: 'h
.J,.
San Francisco Stock
Philadelphia Stock Exchange
STOCKS—
Monday, October 6, 1947
Jan
Feb
'
•
Westinghouse Air Brake
Westinghouse Electric Corp
28%.
—12.50
145
34% '35%
27
28%
176
27% May
22% May
■
36% July
30% July
"
National
11" 11%
commohM...MAt ?
National Auto Fibres
350
a9%
9% May
840
14
Feb
9
July
14%
Jan
11% Jan
20
12%
a9%
—1
City Lines
13'/a
Jun
'
-A'.'"
,■
Natomas Company
AAi-
5
:
Mining
Newpark
American
North
St. Louis Listed and Unlisted Securities
&
Qo.
"
Members
New York Stock • Exchange
Louis
Stock
$5
CEntral
New
5%
E
dividend
1st
Friday
A
„
„
•
Burkart
Mfg common
Century Electric Co common..
io
11%
Co's
Corp common
Electric common (Un)—_•
General Motors common (Un)
General
Shoe
l
Hussmann-Ligonier common
Huttig S & D common
*
Brick
—
-V"'
'•
1,231
:•;
590
-
36%
59
'A'-A
r-
30 y*
74
74
60
■'
27
12%
31
31
—100
40%
225
A?
25%
24
158
40%
40%
90
1
10
10%
120
5
16
16%
58
McQuay-Norris
Meyer
Blanke
Missouri
St
Louis
1st
Wagner
For
20
100
class
A
Fuller common..
footnotes
common
see
5%
27%
5%,i;
27% A
25%
25%
16%
.
'AA
:
*
...25
preferred
Electric
5%
page
—
42.
50
;
5
IS
v../,:
—
16%
-18%
139
7
7
13%:
53%
•
Feb
Jqn
41% Mar
35
Oct
Feb
38 V*
274
32
Feb
35%
Apr
491
64
Apr
62%
Feb
hh??V"4'?
al021/2al02,/2
102%
395
26%
164
27%
92
105
Apr
Feb
28%
Sep
Feb
129
Jan
162%
Aug
Aug
'
al57
35
35%
—*
70
56%
153
52%
70
,,
al57
48
52%
*
Jun
590
26%
330
65
57%
314
56%
Oct
35%
631
25%
Feb
12%'
113
,
150
500
,
Mar
7%
25
14 V* May
Feb
20
vA/ *».;-• V
52%
Oct
78
Feb
May
Feb
63% July
38% Aug
Richfield
1%
37%
9
12 A
139
•:
Ryan Aeronautical
Co
13% .A
Feb
Jan
65%
53
54
19%
Jan
A
20
19%
Apr
a;
25%
14 % May
4%
4%
A165
3% May
22%
lie
12c
12c
Jan
July
81
Shell
Soundvlew Pulp
Oct
Oct
32
Co
Sep
preferred
; Aug
4.48%
preferred
4%
44
Jan
So Cal Gas Co
Feb
Southern
Jan
44
Sen
May
12
Feb
Jun
4% Jun
17% July
7
180
9c
&36% a36%; AAA; 210
May
.29
29%
273
29%
28
29"%
3,838
#27%
30%
30%
30%
37%
—15
—5
—
'.
37%
44 Va
44 %
:
—
—
25
pfd ser A
Pacific Co
;—*
1
2
*
Spiegel Inc common—,
I2KL
Spring Valley Co Ltd—
;
44%
a22%
11%
27%
11%
,
•
435
40% July
33% July
30
July
28%
288
;
Sep A
29%
29 Vb
Jun
32% July
36% July
35
17%
-
Apr
Jun
9% May
1.05 Jan
1.15
1.15
57%
58%
51% Mar
5 20% 20%
10
—
•
a22% a22%
18% Aug
*
Co of Cal
Super Mold Corp capital
,
27 Va Aug
:
Jan
AA 21% July
>;/• 26V* July ;?
A 20c Jan
20% May
•
34,900
Feb
July
Jun:
21
Jan
28
65
24%
Sep
30%
Feb
15
July
16%
■
Feb
Sep
15%
Jan
1.25
Jun
62% July
> Feb
32
Mar
22%
Feb
19%
22>/4
18% May
11%
22%-:
11%
10 Va May
15 Va
Jan
14%
16
Jun
22 V*
Oct
Sep
18
Tide
Water Associated
10
2
Oil
Corp
Transcontinental & Western Air
Union
Oil
Co
of
138
Sep
7
Sep
260
660
13% May
33
May
141
10%
Jun
United
Jan
U 8 Steel
18
Jan
54
July
Air
Universal
Victor
,-.11%
a
al7% a 17%
17%
■>
-12%
i
Corp common
Consolidated Oil
Equipment Co common—
10
1
23%
20
19%
19Va
18% Aug
a20% a20%
a20%
19
71%
.62
69%
—*
10
Jun
217/8
—25
Calif—
common 1
Lines Corp
—5
v
39%
9%
39%
9%
24%
8
Apr
Aug
Mayj
*
40% Mar
47
22%
Feb
Mar
;
Sep
17
6Va
15% May
565
A.A'"
27%
—
Calif Edison—
4.32%
12%
h '
18%
,
30% May
25% May
•
Union Oil common
Feb
Sep
Feb
38 Va
18 Vb
18%
22% -A 22%
—,—10
capital
Jan
Jan
27%
10
Feb
36%
27%
93
A
497
16 V*
Safeway Stores Inc common——
5
San Mauriclo Mining
10 pesos
18
,
19
A::A'2i?
4%
S and W Fine Foods Inc—
39%
Oct
,18% May
35% Jan
177
1
;
Oct
May
Oct
72
?:
499
Oct
208
7
13%
37
•
220
22%
35
12% Sep
.25
May \
25%
28
104
22'/a
1
•
11%
26% May
55
73
26%
15%' 16%
19%
Co com—.—._—1.
Corp common
Oil
12%
'
1
72
37
Jan
9
18%;.
12%
A:
Jan
40
A
A;A A:
26%
Union Sugar
139
9%
42'/a
1
32%
27
*■
—*
Rheem Manufacturing Co
Transamerica
Cement
Service
'
10
common
Public
Stix-Baer &
4
common
Portland
Rice-Stix
1
common
h
55%
100 100%
10
Co
Petroleum
Republic
High
Standard Oil
common
Jun
32%
?
Sperry Corp
•
;
2%
25%
25%
127
.
1%
100
common
12%
31
common
Gas
.
Jan
51%
common
Steel
15
180
Laclede-Christy
Laclede
12%
32
Knapp-Monarch
Laclede
Range Since January l
184
.
29%
'-
"-Ar'AA
5
;
International Shoe
•
Sep
38% May
55%
....
—-
.
Southern
common
...
11%
35
57%
?
.
P
,
35%
—
/196
35
35
32%
&
•
pfd,
common
Sears, Roebuck & Co
•
Preferred
400
TV :A -V.: V"
«»^'- v'v' A
2,053
35
5%
34%
h: 3,244
39
—
Preferred
'
io
common
Griesedleck-Western Brewing
Hydraulic
18
11
775
•
39%
■
Petroleum
A- V* V- ,:*i:'''A.'
Low
150
35
A
General
Shares
13%
17%
_i
Jan
39
Rayonier Incorp common
High
13%
•.■-•A A
Jan
13
38%
Railway Equip & Realty Co Ltd com..* ■/-.
Preferred -..a..--100
Sales
for Week
Range
of Prices
13%
l
Bottling
Exchange
Low
i
13
Feb
*
Week's
•
Par
.
American Inv common..
Coca-Cola
Last
Mar
39 V*
25 .'
25
pfd—
Puget Sound Pulp & Timber^
?
10
11
'
Phillips
Sale Price
6
ft1/*
Sep
31% July
265
38%
Pac Tel St Tel common.~..100
Preferred
——.—a—100
Paraffine
STOCaKS—
"
6
Feb
36%
100
42
5
.25
common
Pacific Western Oil Corp
SI. Louis Stock
28% Apr
7600
Bell Teletype SL 593
-
Co
Pacific Pub Serv. 1st
Phone
<-
Exchange
&
114
1.70 Aug
hi4
Oct
May
25
Elec
Pacific Lighting
-
Chicago Board of Trade
York Curb Exchange Associate,
<
G
10
24
30
.15
preferred
1st
Pacific
10
830
10%
&
Gas
1.55 Sep
10
36%
...
1st preferred
6%
,
Chicago Stock Exch.
•
B
5%%
\
■*
Class
Pacific
St., St.. Louis 2, Missouri
'*
.
St.
'
A#AAA ■'# Established 1871
300 North 4th
hi,"
2Q0
1.65
1
.
com.——100
Oil
Paauhau Sugar Plantation
Pacific Coast Aggregates
Edward D. Jones
'
z
Invest
Cons—--10 "f
Oliver Utd Filters class A—
—*
American
North
^
•
—,
24% July
Apr
23 Va
28%
78 %
Apr
Feb
Jan "
39%
Sep
Aug
11%
Jan
i
,
Volume 166
Number 4631
THE
COMMERCIAL
& FINANCIAL
CHRONICLE
(1385)
"37
-
OTHER STOCK EXCHANGES
RANGE
Friday
Week's
'■■'•'.v > fs'Last *:
4
-
%-i:. <> ;■,: * - STOCKS—
'
'■f\ t
v'/; ?>.
Par
v'Waialuft Agricultural Co
Wells: Fargo. Bank "&: U T^,—.
\..,West Indies Sugar common.—_
Yellow Cab Co coramon„uJ
c:Preferred
•«Y,*. Urilisted Securities—
303
4
American
'
-
Std San
& Refining
Amer' Viscose Corp.
13%
"•
3.
Copper
com:
»
a46%
a35
■y ♦'
•_
Manufacturing
v
-
;:.i
Bendix
;
Oil
>rv,;- *7
1'
/-''•<•
Bethlehem
*
Borden Co
•;
Canadian
:
Cities Service Co
,
Commercial
<
Eastman
Kodak
Food
•
of N y
r •
j
&
m
&
m
49
3%
Feb
•
5
v«.
-
50
v
f
16% May-
450
American
Northern
a91'
:
140
3%
2,359
;
V
Feb
16%
Finance
Pacific
Portland
2%
Sugar
50
"14 Vb
40%
Jun
600
16
>■ 23
Aug
130
r
5%
■v
20
3
25
25
14%
: *
54%
Jan
.
.
a
Apr
12%
3%
iff 24"% May
a56% 1a56%
a38
45%
5%
82
- -
4
50%
5%
2,010
a40
60
36
25%
30
:
.
4 .v.-
?
Week's.
16
of Prices
18
/
■
••
••
-r'-j'.. .t-
A
'
9%
•
:
5%
pfd
25
Feb
4
Sep
%
t-8% Jan *
FOR
26%.
Pap class A_
Light &
_*
;;
Power.:
Bank
Note
Forest
7
5%
Ltd
20
3%
4,575
27
27%
115
Bronze
Canners
Foundry
___*
common
•
..t'i Class A
20
Celanese
common.—
series
10%
13%
13%
13%
•;
i'v.v.;..
41
22%
23
28c
22 %c
108
V-
■
$1.00
Coast
Jan
25
280
Union
24
Ind
Investment
4%
29
Alcohol
class
a!
Locomotive
Canadian
Oil
...
Pacific Railway.^.
Cockshutt
Plow
Consolidated
Consumers
Glass
&
Smelting—
23%
31%
r
Jan
Jun
Jan
26%
Jan
11%
ENDING
(F W)
12%
Aug
Aug
60
Mar
Sep
27
Feb
19c
646
106
20%
12
16%/;,.640
57
17% Feb
•:
29c
Sep
Mar
Oct
25
Mav
•
Jan
14%
Feb
16%
Sep
19% Jan
Apr
67%
39%
50
39
24
Aug
42%
24
145
24
Jun
25
15%
25
14
17
July
page 42.
Feb
Jan
May
Jan
'y:
32
32
110
14
15%
3,490
15
11% May
16%
Jan
13%
15
480
11%
16
Jun
37
Jan
.•
25
5
16
a29 %
-
16%
-
32%
__
,
32%
"
"567
30
a28% a29»/8
28%
24
24
475
38%
Apr
Apr
22%
14%
14%
60
14 %
Feb
13%
14%
11%
;
6,263
12
86%
84
39 Va
510
86%
39%
July
Feb
Mar
class
23%
May
2Va May
Jan
4%
Jan
13%
Sep
18 %
Jun
60c
Feb
July
5%
Sep
Apr
14%
8%
25
23%
A
12 Va
^
10
common
1,006
30 % July
i,:{ 44
Jan
Oct
Sep
52%
May
Jan
3
Week's
„»«.•
preferred-
25
.v?
1
20%
&
j'
15%
Range Since January t
LOW
15%
>15%
20%
13,495
32./'.
14 Va
•••- 325
30%
J.
,485
May
8ep
14
Mar
8
Aug
July
...
•:•>•;;
9
_
Steel.
:9
9y8
405
29% /
29%
lip'
•s
>—
preferred
18
31%»
»
common
Shares
<
High
31%
6%
Dairies
of Prices
.»
Low
v
Sales
for Week
Range
Sale Price
25
28
60
36
Apr
275
36
Jan
36
20
36
37Va >37%
,
Dominion Steel & Coal class B
25
14%
-
•
Dominion. Stores Ltd; —i—.i-:—'
Tar
&
Chemical
ctfs
common—•
—.—*
>—
preferred
-
38% May
23
94%
100
—
—V
27.
94%
182% 182%
25..;
18 %
•
-
225
{;
26 7/a
Feb
Jan
80
125%
Jan
30% May
250
«.*
,
.'i
23%
94
•
*
common
—U
V27
12% May
21 % May
1,946
v
221/2—.^..
27
.: • 27
:
23 Ya
T_
Textile
preferred
22%
27
'"
:
14%
13%
Donnacona Paper V/2%
Bros
100
pfd
25%
Jan
30
155
227
>
•
23
26
Sep
92
Jan
25
180
Mar
„
—
*
Eddy
Paper Co
Electrolux Corp
Enamel
class
A
pfd.
—
125
102
20
:360
20
30
31
2,710
17
Jan
19%
Jun
19%
-1
Heating
102 %
20
.20
-
&
102 V<
20
30
*
Ltd
Paper
25
16%
17
19%
17
120
0
May
Feb
100 % M*r
185
Jun
Products
9 Vz
-
9%
106% May
July
f
Feb
21
!
15% May
25
7
May
31
Oct
21
.
Jan
18% July
Jun
11%
Jan
16% Aug
19%
Feb
26
Jan
.
Players
Foundation Co
Gatineau
5%
Canada
of
Power
5%%
Gypsum
Hamilton
Howard
$2
Tire
Bridge
Smith
common
4%'%
5 '/o
Coal
International
Bronze
67c
6%
16
</> 27
27%
665
52
1,240
43
550
27%
?>52
43
42% /,
14'/8
36
of
Canada
Power
International
Utilities
53
';
July
55%
Jan
75
13
y:' May
16 %
Jan
6% May
24
July;
50
40%
Apr
Apr
12%
Jan
9%, Feb '
29%
Feb
45 %
Feb
13'%
Jan
15%
30%
Jan
39 %
98
;/>>.:■ ^5
,
10
103%
Feb
h 53 Va
540
98
Jan
15% July
Apr
Jun
May
100
Mar
Sep
106
Feb
Jun
28
Mar
"
'27
23
50
125
20
23
23
35
35
85
35
Sep
38 %
Jan
33%
32%
33 3a
1,560
32
Sep
37%
Feb
59
57%
59%
11,756
41
12%
•
12%
12%
2,750
12%
May
Sep
40
40
,135
39
Sep
May
23
Oct
26
Jen
?
International Paper common
International Petroleum Co Ltd
International
175
*
18%
2,365
27
25
Nickel
Jan
Sep
3,944
103% 1033%
*
common
preferred
5%
14%
37
,
98
100
common.
3 V2 May
305
14 Va
13%
37
410
.
20% July
14%
13%
13%
100
—
Intercolonial
International
6%
100
_
preferred
53
14
4
A
111% May
14
t
♦
class
Jan
53
v
Imperial Tobacco of Canada common_5
Accep Corp
preferred
110
14
50
Industrial
40
4
143%
....
Imperial Oil Ltd
111% May
53
*
_
Bay Mining & Smelting
Feb
14%
ft
!
Apr
109
■4
«
July
17
240
4
1927— -50
23
142
110
14%
•
__J
_
Paper
preferred
Hudson
pfd inc
Alabastine
75
19V4
r
110% 110'/a
•
common
4%
&
110
915
23
19
110
100
Bakeries Ltd
Lime
19%
100
_
U
17%
23
*
i
preferred
Goodyear
17%
17%
»
Canada
com
preferred
General
♦
Corp
-13
•
•
.
—
Jamaica
Public
Service
Coro
15
Ltd
*
12
12%
10
12%
,
■../—
13%
11%
59 Va
10%
Oct
Feb
45
Jan
13%
Feb
24
23% Mav
14% Aug
28% Mar
34
33
Sep
36
18
Sep
21%
Feb
21
Jan
16 %
Feb
18%
Jan
15%
Feb
Oct
14%
Feb
78% Mav
Lang & Sons Ltd (John A)
*
18
18
89 %
Feb
Laura
3
39%
18%
I8V2
43
Feb
Lewis
14%
15%
11%
-
.
Oct
*4%
May
6% May
17% Jan
com
Hi
64% July,
2 A
Sep
Sep
3
Hi
78% Aug
i4% Feb
'
Apr
Sep
11% May
"
11 %
Jun
63% Mar
"
24
14%
14%
17
34 Va
35
>14
Mar
30% Jun
a74%
I',.'
32
.
see
May
15%
-
footnotes
Sep
110
56
241
!
16% July
May
MARKETS
OCTOBER
Jan
•"
22%
50
39%
:
Feb
•
*
Mining
Jan
32%
*
•
Companies
Jan
:29
15%
•
Canadian
F**b
'A
'
—
Teleg
Westinghouse Electric Corp
Donohue
Feb
41
109,840
Feb'
May
Western
Wool worth
T/o
Feb
13
7,594
\
18%
14
135
Air Lines
Dominion
Feb
8% July
108
57
39%
25
Class B_.
For
/
-
15%"
Feb
Life
Western
Red
Feb
Feb
..
Foreign
Canadian
Canadian
30
20%
39%
,_25
...
—
series
*i
28C V
16%
•—*.
15%
i
May
14% May
1,048
"f
Feb
Feb
30%
% May
/ 'Voting trust
July
23% May
,
Aug
3.2
Canadian Converters class A
pfd—__20
Canadian
Aug
.
5% Sep
23% Jan
May
75
16%
j
10%
15%
25c
Foundries
191
A or
20
108
16%
—
.
> Sep
3!4
28
20 %
.
12%
_*
20
41
23
416%
95
Glass common
23%
25 % July
75
:
i
9% Feb
May
:.: •?;
H
Mar
Sep
10%
23
17
Dominion
98
Sep
1,035
10%
!
28 % July
7% May
■
80
.295
200
Dominion
30%
May
17
26%
253
v
040
Dominion
27%
Sep
3,303
30%
v
Feb
58
21% May
Petroleum
Dominion Coal
,112
Mar
52% Mar
May
60
'
26%
33% July
42% Aug
1U Sep
Feb
41
Jan
203
20
26
10%
100
common
19
8%
250
common
General Steel Wares
•W,/
•
•
-25
Feb
214
Oct
'
30
•
pfd
Ltd
22
30
30%
50
;
22
29%
20
•
5%
V
30
•
;
Canadian
22
-
26%
16%
25
;
21%
May
20
790
3%
___♦
common
—
Car &
:; 20
25%
37% May
54% Jan
'"*"r79 *
a25"% a277/a'
•
15
•—
22
Maf.
4%
3,329
20
,••''•
Breweries
Canadian
$1.75
1
9% Sep
166%
15,338
22%
3%
26%
*»-
5 '.
:
21%
27%
A__—
preferred—
4%
;
16%
_
Sep
19
'"
Feb
Jan,
23% Mar
85
1,269
Feb'
15
Sep
Jan
70
al0% al0V8
__
a27%
♦
A
Distillers Seagrams
Dominion Bridge
Sep
26
2,999
166% 167 %
22%
100
•
22%
4%
>•
.'' v
•
Inc
43% Jun
*
6% May
10
480
;
•
^
\
26
20%
166%
•
Power Corp..
..
1
High
July
26V2
2,025
27
a_*
Products
common
class
7..;
85
17%
693
75
Warner Bros Pictures.
Dryden
*
Rights
Canadian
->
10 > Jun
51% Aug
75
26%
8%
;
•
:
common
Brands
Westates
Famous
28
Steamship
Canadian
7
I
class
26 %
Last
22% Jau V
50
.
52
,
a53% a53%
—
♦
Friday
.192
.475
;
.11
85
22
_*
Power Corp class
Northern
Canadian
51%
__
*
Co
Mills
Forgings
26%
/ ••11:
'
*
100
1*
,1
26%
n
•»'/■
V>V
.
:,l
Aircraft
LISTED
WEEK
9%
139
Feb
30%
Sep
'
Oct
4 2oJ:
1,330
/
21%
*
"'■/
__•
stocks—
.50
208
26%
'
•*;
204
./
39
Corp
Building Products
Canada
38
Sep
July
.
7%
Sep
/". 9% May
Preferred
Julv
44
-25%
Feb
36
250
9%
39
208
4%
;
Canada
20
18
a28% a29%
a41% a42%
Corp of Df
.'7%
20
4%
67
-T 100
17%
17%
a29%
a42%
•
United
Feb
•
common.—*
Rights
Canada
281
20
120
•,"2,965 "
10 %
2?%
Utah-Idaho Sugar Co
60%
:'
14% May
>17% May
.4,275
„
37
5%
a
Feb
Range Since January
10,682
20"Va.,
Jan
Jan
Rights
397/8 Aug
55% Sep /
»
'■•;' Low
18
37
>
50
•.
19%
•
new
Shares"
21 Va
13
106
*
Per
High
16%'
4%
a9%
25
Co
United
Jan
39%
.
;
Sales
tor Week
Itang^
••
,
16% May
July
5-
•
148
130
53%
May
1.50
;Vv
Oct
367
Texas Company
3'% May
760
•i, 100
•
Feb
25 Va
"
Feb
; Sep
6% Feb
19 V2 May
7
1
'
33VaO
;j
22%
May
15% May
20% Sep
Standard Oil Co of N J
Ed
Cal
West
25
25 V2
'
19
120
10'%
14
Studebaker Corp common
6V4
Jun
"
a39%
a 39%
'
Feb
-
Aug
43
350
Feb
12%
May
32% May
-"-39% Jun
10
45%
32%
Oct
Socony-Vacuum Oil
47% July
30
|
Standard
43 y« Sep
10% May
1,126
Feb
Feb
27
12%
J
10%
May
Seo
217/a May
4V2 July
36%
Feb
29%
:4 560
a37%
45%
•
7
168
•*'
20%
; 22%
'
400
Oct
22
49
25%
•
19 Va
23%
"
119%
1
—
Feb (
May
:
Jun
4% May
;-
•:/:"• 441
5
a
Jan
17% May
May
""j '*"387
/ 18%
.19
>'
2.50
common
•21
25%
'. 20%
'
14
/
44%
200
a56%
10%
24%
!
i_
•
common
Sinclair Oil Corp
Jan
-80
837%
•■
'
5
Feb
2.50
*
26% Aug
8Va
a
Inc
Riverside Cement
Oct
a5%
12%
Co
/'•
50
1,731
"
t/f 21
—100
Airways
Pictures
23%
—10
com
Radio Corp of America
Keith Orpheum
Republic Steel Corp common
July
25%
—
64
•
10
Cement
Pure Oil Co common
Jan
39
2% May
*
Feb
Feb
a5
1
Motor
American
Pullman
18% Mar
21% May
:
a49V« a49%
i S'/a
Corp'
Pennsylvania RR Co
Pepsi Cola Co
Phelps Dodge Corp
Feb
10 Vb
190
488
10
——_20
Radio
353
\
Pan
Feb
112%
26
538
3%
Ltd
v
,
100
cap
L
Paramount
Jun
Sep
42% May
149
-
^
9% May
C 30
36%
a43% a44%
com.
''t
Electric
preferred
Apr
Sep
Feb
40%
May
109%
common—'
Preferred
Jan
Apr
Co
,
Feb
91% Mar
" 3%
;■
Co
Oahu
38%
78% May
,v 680
lg
23c
•
al6% al6%
—
..1
Pacific Railway
Pacific
28% Aug
.
■'
Aviation
Feb
24%
7% May
Sep
3%
Telephone
$1.30
50
50c
-
1,000
'23%
:
American
Dominion
Canada Cement
310
.
215
37
Can
Columbia
'"
60c
23%
1
k
u...—
Columbia
60c
23%
200
25%
Asbestos Corp
Silk
7% Mar
6 yU
North
25% July
4% May
Mar
'
0
.
...
British
:
j
3% Mar
Jun
166
a54% a57%
•
Mar
25% July
7% Feb
76
720
11%
•
1
_
Anglo Can Tel Co 4%% pfd
50
Argus Corp Ltd common.—
•
4%% preferred
—,i————100
Bruck
7%
May
3
7
5%
,
38% July u
Sep
;
15c
62
104
20%
'-'K V
•"
Acadia-Atlantic Hugar
British
'
1,380
Bo
preferred
Trac
3,700
3'%
a8%
Jun
May
Sale Price
Paper
American
7%
'
a8%
•
:
preferred
Brazilian
;
21
3%
North
'
2.80
22
__i__
•
British
;7%
20
:
-'
Jan
1
'
Bell
20^:
3%
____10
33
96%
Low
Bathutst Pow &
Feb
35
May
11%
3%
/
*
STOCKS
Amalgamated
26%
69
36%
Last
of
"17% Aug
135
28%
Friday
Co
Feb
:*-495
12
_
Aluminium Ltd
,;.y
com—■*
City Copper
Canadian Fonda
Aluminum
25%
17%
; 17Va
15
12%
12%
a23'/B a23%
•
common-
common
*
Agnew-Surpass Shoe
Algoma Steel common
Jun
19 % Aug
Feb
Montreal Stock Exchange
w
Cement
preferred
Mountain
Aug
41%
RANGE
$2.50
•
23%
/
■
*
common
B
$1.50
43%
445
>
44% July
49% Feb
-.;r. 310
—
"
—.-I
cons
Portland
■
Inc.———-18
Montgomery Ward & Co_.
a—
CANADIAN
;!'•
,45
•1 20
22
12%
a23%
5
<
^
Holly Oil Co
'
Feb
•14%
17%
109% 109%
«
,
cum pfd
Battery Co class Ai_———:
Power &
17%
Sep
15
17
10
Great Northern Ry non
Abitibl
Moir'
9% May
41
23%
36%
Graham-Paige Motors
Class
' Q3/."
h.
60
•
a44% a44%
* • ■ •'/
-
Goodyear Tire 8c Rubber
Hobbs
Feb.
Jan;
a33% a33%
—
——•
Robbins
&
Monolith
Feb
~
28
i
__*
-
Co
'
___
28% May
100
.77
—
Co
F)
45
-
-
v.
3%
36%
•
a42% a43%
17%
.10
j v_—.i——i
Corp-
(B
a__
; 25
General Electric Co
Goodrich
m
62% Aug
"
-25
Electric Bond & Share Co.——
General
<
20
"
.»
..
J
A
Jan
Sep
5
a88%
>
a43 %
--23
;
—
>
Cn
McKesson
*
a29
a
'27. .100
Southern—
Bridge
•
—
220
a43% a43%
*.?
High
2.80
28 Va
•"
*
National Distillers Prod
N Y Central RR capital—
al9% a21%
-15
/Curtiss-Wright Corp.—L..——.1
Dumbarton
•11%
11%
•/".•*
•'-."225
15% Mar
31%
•/ Consolidated- Natural Gay Co-^-—-.15
Continental Motorjs Corp .1
....1
Domlneuez Oil
Co.—
i
Navigation Co
Feb
174%
; 31% May
a30'/4a30i/4
.2%
RR_.
-Consolidated5EtUson Co
•
•17
May
7 1
commote
8c
Inc
Matson
Packard
6%-pfd
Railway
Solvents
Commonwealth
Tel
Low
8,075
'28%
May
13%
1
Columbia Gas & Elect
-V
&
Range Sine* Janaary 1
High
10
13%
a91
Pr
Pacific
Tel
Low
2.75
102
al7 val7
__
L
Sullivan..:
Chesapeake & Ohio
International
Johns-Manville Corp_
Kennecott Copper Corp
Shares
„
,'''1
325
Co—
common
California-Oregon
'
>
y
o
„
&
J
2.90
5%
„
J—5
__
—
Bunker Hill
■V
5'A
Boeing Airplane __Ll—_ .1.5
<
-
14%
a22% a23%
.100
Blair 8c Co Inc capital
•
»
14
a81% a83 %
._13
.
Corp
Steel
15
318
366
7'
common
Berkey & Gay Furniture
f,
■■
Jan
16% Feb
537/s May
151
-
Co
Aviation
"
a44% a46%-
a23%
—3
Locomotive
Barnsdall
■
JlOO
:
.
•
30
14%
f.
...5
'•»
.
350'
a34% a35%
i v
i.
.
Sales
for Week
2.90
5
Corp
Baldwin
•
Range
of Prices
,
Idaho Maryland Mines Corp.
International Nickel Co Canada.
'■13% Aug
31% Sep
9% May
11 % May
939"
5
Baltimore & Ohio RR
;
34%
'
/
Week's
Nash-Kelvinator Corp
Argonaut Mining Co
:• •.
v'
T 25
13%
a49% a49%
—,
"50
_•
Mining
& Co
(111)
Atchison Topeka 61 Santa Fe
Avco
Jun
t-
1
a—
157% 157%"'
—
-14
,
Armour
Atlas
-
a60% a62 %''
—
100
Friday
Last '
Sale Price
STOCKS—'
i-..V •■)',•,
.
8 r/c
American Woolen Co
Anaconda
Apr
i
•
'
;
Sep
9
26-
.
.
-
Feb
" Jan
330
150
*10% alO'/a
[•
&
Smelting
23
'v
High
37%
282% May
■
a28% a29%
•H.Zzitr
_*
American Tel & Tel Co_______
■1"
if'
'
T5
7; 4 595
yy.; 200
-
Jun
."-'V
,f
Loew's
Light!
■
31 %
27%
»
15- -•
-
«
13
/
31%
a28%
_
r'
American Power
V''American Radiator
12%
;
31%
;.
-Low
248
a24Va a24%
12%
3
;
Range Since January 1
Y/'y
i
Air Reduction Co
i
--301
/
'
*•
"35
•
-25
Shares
High
34y2
--1".
...
L_
—
Low
•
'
OCTOBER
for Week
-
7 Y:—
100
—1
ENDING
Sales
Range
*»t Prices
"34V2
..20
—
;•
'
WEEK
'
Sale Price
:.j;
-y rf)>y
""
•
FOR
Oct
Labatt
Lake
Limited
of
the
'-
(John)
Woods
•
•
common
Secord
Bros
Ltd
Jan
a
*
24
r
,
■
24
—.
34
15%
\
17% Aug
14% Sep
Jan
;
,J
THECOI^
Monday, October 6, 1947
CANADIAN
LISTED; MARKETS
jj
BANGS FOE WEEK ENDING OCTOBER
Friday ,*"s Week'®
;Range
Last
STOCKS—
ilr
\
•
(Robert)
Par
Low
High
15%
15%
981
24%
25%
1,211
16
16
195
*r
16
Brewer lea.
Cottons
'
feW
Low
Locomotive
Montreal
14%
23%
13 %
34%
,
36
36%
55
40%
40%
140
National
Drug
National Steel
Niagara
Works
21% Feb
Jan
30
July
Jun
20
Feb
Jan
-40% July
Dominion
Ottawa
Car
Lt
pfd
&
32
20
31
Jan
40
Jan
j
Eastern
44
45
407"
42
Apr
48
May
'
12%
.12%
12% ~
50
T
22%
22
22%
23
23
'■■'"S 23
43
43%
265
•
1
27
26%
-•
l
•
565
27%
300
Jan
13% Feb
8 %
16%
125
1,325
v.-
Oct
29
4% May
15
.
29
25
27% July
33
40
16
19%
**
13%
Price Bros & Co Ltd common.,,
4% preferred
———,—-—100
Provincial Transport /
,
—*
64%
Power Corp of Canada
38
385
12%
13%
1,140
60
64%
6,250
101
101
30
13%
13%
92
—
4%%;
•*——^**—*r*—*****-?
18%
*—.100
15
47% •Jun : t
10
11
8
13
A
'
Ltd
1,931
21%
21%
22
1,524
1,877
49%
49%
49%
1,397
29%
29%
85
169
Oct
6%
169
100
169
Voting
trust
Southam
Canada
.Twin
City
United
Walker
7%
75
18%
18%
76
•75%
100
Corp
153
80
8
Worts.
.
•
8%
21%
21%
163/4
18%
'
;
10
Montreal -• *v
WnTW BrnHtt
—..in-
V;-
y-
■
........
•
,
-y-,
„*
|V|.
in:
10
Toronto
~
3%
89
Jan
Southern
190
Jun
South mont
Russell
&
18%
Ltd—1
i
13
13
375
22%
22%
22%
1,225
20c
20c
2
20c
15% May
Sep
25c
71
72
160
65% May
74
10%
17
6%, pfd
Co Ltd.**
Invest
Westeel
28%
23
13
Jan
2
971%
Jan
101
35
26 3A
Apr
27
Jan
29
100
27 %
Jan
29
Feb
19%
19%
640
19%
21 %
21%
220
21%
26
18%
Oct
-■176'-
1,530
25 %
Mines
35
35
22%
22%
39
22%
39
30
34
2,131-0
39
10
50
50
July
i
Aur
35% Apr
$9,000
50
Jan
Bange
of Pricos
Shares
39
:
J*a
39
Low
9%
9%
High
10
50%
Low
20
8
5% Sep
11
11%
1,685
Dev
&
Mines
15
July
123
Jan
Jan
6
July
43c
May
7% July
10
'50
23
May
109
12
Sep
14%
•
29% Sep
Jan
10,400
15c
Oct
31V2C
Feb
1,000
10c
Jan
19c
Mar
3c
200
3c
Aug
7c
13c 13%c
13 %c
16c
12c
3c
.29,000
13C
Oct
16c
16c
500
Feb
26c
12 %c Jun
Sep
30c
.
Jan
Jan
20c
16c'20c
6,400
14c
Sep
44c
16 %P
10c J? VaC
1,180,500
5c
Jun
17VaC
21c
Aug
27 %c
Jun
,
Mines
Ltd**l
1
41C
24c
24C
24c
500
40c
1
42c
10.500
:
,
37c
Oct
-r
89c
Feb
Sep
20c
31c
149.500
1.24
1.25
2,000
Ltd
5 (4c
5%C
5%c
1,500
6c
1
130
c
6c
130
*
.130
5c
1,500 v
p 100
1,900
4C
130
;
20c
8c
El
13 % Mar
7
Gold
Sol
Fontana
Mar
Be
8,000
13c
AUg
%
Oct
Feb
28c
-"44c-
Feb
9c
10c
5,500
90
Aug
32c
8V4C
8%c
8c
Aug
16 %c
27c
21c
:27C
2,000
39,600
21c
Sep
60c
Feb
12c
1
lie
14c
18,500
lie
May
25c
Jan
22c
1,000
190
May
39c
24%
25
280
90
Mines Ltd
;
22c
»
Jan
Apr
Jan
•
i
25
•
Sep
1.60
Jan
4.65
Jan
83c
83c
500
72c
July
1.35
Feb
1.12
101
1.12
26,800
28c
July
2.60
Aug
38c
38c
40c
15,500
25c
Feb
56c
Sep
8c
8c
500
6c
Jan
28C
32c
48,100
19c
May
Aug
16c
1
28 %c
92c
Feb
1
■#.
5C
6c
4,000
5C
Apr
9%c
Feb
150
15c
1,000
15c
Oct
40c
1
Ltd
Mines
Mines
Sep
Sep
8c
Oct
-14c
Feb
130
Oct
13 %C
Oct
1.50
July
July
18c
14C
1
31c
Sep
1.00 May
83c
(1945)
—
Ltd
1
1
i
Formaque Gold Mines Ltd
Found Lake Gold
—
Sep
5% Sep
43
May
5%
7,925
92
93%
277
15
15
15
14%
143/4
16%
2% May
May
67
:k,jV5r-
12%
385
Jan
9% Jan
-*-1
1
Ltd
Mines
Mines Ltd
Gold
Mines
5c
8%
Feb
Jack
Oct
Joliet-Quebec
Mines
(1945)
5% July
Ltd
21%
1,741
20% Jan
45c
Sep
July
95c
Feb
11%
11%
160
12%
Sep
Feb
9.50 May
12c
8c
12c
133
8c
Oct
3%c
4C
5,500
2c
Mar
5%c
6c
10,000
56
May
13c
Jan
43c
45c
3,400
33c
May
90c
Jan
17C
1,000
16c
May
13% Jan
33V2C
Jan
75
16%
Jun
2,500
7%c Jun
17c
Ltd
Mines
15
-1
15J/4
28c
5c
Feb
943/4 July
15
Oct
Gold
Lingside
16% Sep
8C
1.65
;
22c
Feb
1.82
1,000
1.60 July
2.15
Apr
1.60
*
1
10c
1.82
—1
Mines
Long Lac Gold Mines Ltd
Little
Louvicourt Qoldfields
203/4
May
25c
45C
Mines Ltd
Rowan
18c
3,500
5V2C
Ltd.
Mines
Shore Mines Ltd
Lake
35,000
30c
3%c
1
Ltd
Mines
Gold
68%
Feb
33c 36 %c
30c
35c
1
Hollinger Consolidated Gold
Gold
.
1
Ltd
Lake
4%
92
203/4
Feb
31
30% May
15c
15c
Eldona Gold Mines Ltd
Lake
5%
1.67
6,700
1.35 Aug
2.27 July
3.55
Feb
4.80 Jan
2.55
2.75
3.65
3.65
100
3.00
May
3.75
Feb
1
1.07
1.07
1.09
15,000
1.02
Jun
1.20
.^eb
O'Brien Gold Mines Ltd—*—.——1
2.35
2.20
2.65
Jan
233/4 May
Macdonald
53
53
25
52
Apr
63 "
Jan
Madsen
110%
111
28
109
Jun
112%
Jan
Nechl Cons Dredging
———
13
13
13
300
10% Feb
15%
20
30
Feb
*
22
22
100
17 %
17%
20
270
270
2
Ltd.——50
265
May
Sep
Apr
17%
14
290
14
July
23
238
21
Jan
2
Company
Ltd
1
—
275
Cadalllc Gold
Pandora
17% Sep
Pato
2.70
4,900
2
600
1.75
May
16% Feb
25
2%
Rochette
Feb
Gold Mines
Santiago Mines
Sherritt-Gordon
Jan
5,700
9c
3,000
5.30
5.30
500
1
IIV2C
12c
2,500
9c
May
58C
Aug
1
Mining Co Ltd.,
Gold
Pitt
May'
Mines
9c
4.90
76c
72c
7-6C
48,100
14c
12c
15c
4,500
50c
?
Ltd
21c
Feb
1
16c
16C 17 %C
15,500
2.95
3.05
2,400
48c
48C
50c
2,030
48c
Aug
9c
9c
500
7c
65c
•65c
67c
2,300
50c
Sep
May
16c
16c
2,000
13c
2.25
2.35
200
6.00
;vi76cfJ Get
6%c May
12c
Feb
Jun
18c, Feb
May
*—**
Ltd
Co
1.82 May
7c
May
2.40
9c
1
Mines Ltd
Gold Dredging Ltd
Cons
Quebec Manganese
14
22
23
Mines
Red Lake Gold Mines——..—1
Jan
*
Investments Ltd—
Marconi
9% Aug
/
Apr
24c
13,116
50
Elder Mines Ltd
Consolidated
60
Canadian
43c
Apr
2.74 May
Hudson-Rand
325
common-
41c
41c
4*
12% May
116
700
J-M
7
Industries
36
600
6,500
Feb
68%
Gen
425
117% 1173/4
-
3.60
Jan
7
Canadian
133/4
1.02
16
63
Canadian
9
13
1.01
27
24
A
/8V2
3.40
Jan
19
—.—*
class
9
1.01
25
20%
Class B
Co
Jan
High
Goldvue
British Columbia Pulp . & Paper coim—*
Products
30
3.45
Heva
13
Electric
M*y
Ltd
Feb
300
Food
M
Mines
Mines
Sullivan
17
470
Gen
225
18% Jan
74c
Aug
Goldbeam
20%
Dredge & Dock Co.—
25
Jan
Feb
13
Canadian
b 24
24
,
24%
Jun
24%
Canadian
Jun
Mining Co Ltd
7%
13
Canadian
54%
Explorations Ltd
3.00
15%
———5
Apr
10
12
Ltd
Jun
5
24
Starch Co Ltd-
54
;
12c
Co
Yellowknife
1.25 Oct
A—*
Canada
Jan
150
Mines Ltd———1
Gold
181
15%
Canada & Dominion Sugar *——*
Canada Malting Co Ltd
Canada Northern Power 7% pfd_—100
112%
54%
Mines Ltd
Mining
1,425
153/4
Butterfly Hosiery Co Ltd——**—*1
Apr
54
1
6%
20%
Company common-*-.***——1
110
1
1.40
5
Preferred ***—**——*——100.
Burns Si Co class B
Apr ;?
14% Mar
22
•
31
Ltd
6%
10O
vr
;
54
3c
1.25
.
1.25
15% Apr
20% Oct
23% Sep
Brown
107%
112
,
28%
Ltd—
East
12% Feb
113/4 Jan
-
May
Oct
12
Gold Mines Ltd
Centremaque
1
9% Aug
25
:
13%
31
Buffadison Gold Mines
11% Mar
100
class
11
108% May
28%
Bob's Lake Gold Mines
Feb
Jan
5%
Packers
400
385
Sep
Donalda
11%
Columbia
.14
Apr }
Jan f
13 Va
110
—
Yellowknife
Beaulieu
Jan
25
Bange Slnee January
5%
British
109
13 V4
./ 25c
Aug
May
34V2C Feb
2.10 Jan
5,35 Feb
'
Canadian Power & Paper Inv com
*
5% cumulative preferred——-—-•
Canadian Vickers Ltd common
*
;
1
2
2
50
10%
10%
162
10
Sep
•14
33
33
10
26
Jan
36%
Apr
33
7 % pum preferred—--—**—*—100
147
Canadian Western Lumber Co—*_——2
Canadian Westinghouse Co
*
2%
Claude Neon General Advert Ltd com_*
Commercial Alcohols Ltd common
*
60c
"2%
Consolidated Div
Preferred
Stand
—
Sec
class
Mfg
Consolidated Paper Corp Ltd-:
Consolidated Textile Mills Ltd
footnotes
see
page
42.
2%
1,150
..
40
40
125
35c
35c
«,V
•
.
Steeloy
Mining
Sullivan Cons Mines Ltd.
Sep
Thurbois
Feb
5% July
com—*
19%
19,211
9%
17%
•
35c
110
9%
45
17%
18
200
80C
90c
2,075
Jan
65c
Feb
20
Sep
14% May
8% Jan
17
Julyi
70c
Sep
19%
1.80
19c
Jan
V8a
.
Jan
Jun
22c'
Sep
2.50
,
^eb
'
2.15
2.10
-«fc-*—*X.
1,000
1.70Msy
.
2.80 Jan
30c
Vinray Malartlc
Mines
32c
2,000
30c
Oct
41 %c
7c
8%c
28,000
5c
Aug
20c
July
5%c
—
30c
8c
I
6C
6,000
4%c Aug
14c
Feb
—
Sep
Jan
Oil Stocks—
Consol Homestead .Oil Co Ltd—***.*4
15c
13c 15 %C
70.300
12c
Sep
61c
Jun
1
72 %c
56c 72 %c
18,500
40c
Ma;
75c
Jan
Gaspe Oil Ventures Ltd
y,
2.35
67%c Apr
■
Feb
17
•
1
Feb
Apr
—1
•
Steep Rock Iron Mines
3%
15
Sep
15% Jan
48
20
17%
19
15
20
Corp
60c
Apr
J
*—»*,
47
3%
126
15
—
•
154% Sep
•
Soma-Duvemay Gold Mines Ltd—
Stadacona Mines 1944 Ltd—
30c
4,100
5
Mar
•.
Slscoe Gold Mines tAd
.
2% Aug
40
May
12
60c
135
3% Feb
Westville
A.J•
57o cumulative preferred..—*——20
Cub Aircraft Corp Lid.
•
For
35
5
——
Consolidated Lithograph
148
60C
_—*
.
'
Feb
1.75 May
10 % Mar
Okalta
Oils
—
—;
4
Feb
Omnitrans
2%
Apr
Royalite Oil Co Ltd
Exploration
—.——
65c
500
60c
Sep
8%c
12c
7,500
8%C
Oct
24c
16
167/a
770
14%
Jan
20%
u
a——*—~r~—-
183/4
\
Apr I
Mar
10%
12
Dome Mines Ltd
11%
British: American Oil Co Ltd
10
Jan
May
13%.
Oct
22
28%
Grid Mines Ltd-
Beaucort
May
8ales
for Week
5%
Vancouver Ltd
109
9
109
—•
Consol Central Cadillac Gold Mines.
113/4
of
450
13%
——
Red Lake Gold
Beatrice
Cortez
11%
Dis
1
Jan
—*
Gold Mining u
Mines Limited
Cournor
Week's
Sale Frio*
CO
119
10%
13%
Mines Ltd
Ashley
Oct
27
Ltd
Alta
Arno
Jan
28
Apr
Auto Fabric Prod Co
&
15%
10
*
_—
Alger Gold Mines Ltd
Feb
23
21% Mar
26
253/4
Atlas Steels Limited—
&
15
10
—
Hotel Ltd
Band-Ore
22
Sep-*
Sep
27
26
Par
Bright
?
Feb
14%
Aug
Mining Stocks—
May
J27
Ltd
Products
Windsor
Mar
100
Last
Brewers
72
.100
class A
United Amusement Corp
Oct
21%
Friday
Bathurst Power & Paper class B
—*
Brand ft Milien Ltd A———**——*
Jan
7%
104
*
Feb
Montreal Corb Market
Ltd class A pfd_?
Class B ——*———.———*•
12
Feb
31%
May
Sep
5% Sep
133/4
Pr
Feb
Canadian Fonda
t
;
"
10
Apr
29
1949
Ltd—*—********
Jun
13
——
81
72
5
f
Feb
28
-
Canada
Colomac
Works
28%
14%
21
102
pfd-.lOO
cum
Industries
Cheskirk
Glove
36
Jun i
May
19% Sep
221
19%
25
Century Mining Corp Ltd
Acme
12V4
14 V4 July.
46
150
Central Patricia Gold Mines Ltd
STOCKS—
11
12
I
Jan
690
Standard Paving ft Materials Ltd
Power-
.'•v
<
6
*
—•
Mills Ltd
20V2 May
4,789
———***-10/
—-I**.
.Jun
28Va
8
15% Feb
Celta
Heat
11
40
102
Cartier-Malartlc Gold Mines Ltd...... 1
Lt
notes
125
875
Feb j
Jan ;
Sep
v
28
6
Service Stores
Rands
BONDS—
Montreal
y
Jan
121/4
19%
Enterprises 5Ltd-—.
May
27
Ill
f
Royal
25
Jun
4 %
102
*
*
Power Corp of Can 6% 1st pfd—100
Purity Flour Mills Co Ltd
-40
Quebec Pulp ft Paper 7% red pfd—100
97/a Feb
May
19%
-I
------
.
'
6
L_*
Orange Crush Ltd
Auhelle
Commerce
Dominion.
Royal Rloe
Nova Scotia Lt ft Pr 6 %
Apr
100
—25
—-
150
41%
—*
Power
213/4 May
156
25
Canadienne
,
Island
Mount Royal Hotel Co
Mount
Banks—
.
common
Corporation Ltd—
82
7% May
3,800
——----106 ;
preferred—
Ltd
18% Sep
Sep
Sep
79
July
180 % Sep
610
77
28%
■
—
Apr
3'A Sep
Sep
7
40
20
100
preferred
Moore
July
14% July
18 3/4 May
Mar
8
50
100
9
28
?
Feb f
Oct
u
8
•
preferred
Oct
253/4 Jan
50% Sep
30% Mar
7%
2
25
28%
common.
%% preferred
JZellers Limited 5%
Jun
751/4
30
8
77
Electric
Sep
16
10
ieo%i8o%
**
8%
&
Wilsils Ltd
6%
235
76
80
;**
Gooderham
Winnipeg
625
7%
•
u——,—*5
.
18%
■7%'
''
preferred
—*
Cotton
225
17
.28
—;
Steel
Wabasso
14
16%
*
common.
7%
preferred.
Tuckett Tobacco
14
17
;*
Canada Power
Standard Chemical common
of
325
14
Co
Southern
Steel Co
5
14%
.
fM
Jan.'
18%
*
pfd
pfd
conv
Oil 4%
Distilleries
Nuclear
ctfs
Press
169
14%
Sicks Breweries common
May
12%
55
10
6%%
Minnesota ft Ontario Paper Co
48% Sep
Oct
49%
23
v'
15
preferred
2iy<
Jan
12 Vi
12
Feb
138
Jan
25
ID
3%
:
28
Jan
175
12% Apr
121/4 Mar
16% Oct
7%
,
•
20
100
ftfl!
v
Maritime
Montreal
com
-
19% Oct
138
Canada
9
41
McCoIl-Frontenac
48%
of
.3%
**9 ®
-20
...**
Paper—.
ft
Massey-Harris
% May
30 Vis May
10
class A——*
—•
Power
Jan
9
45
,—•
*
(Frank W)
Mar
135
Williams
prelerred
17
106
125
13% May
44% Sep
104
Apr
20%
3,335
Jun
20 3%
20%
18%
Aug
Sep
47%
Bherwin
4% Feb i
17%
Maple Leaf Milling Co Ltd__—*
Teleg & Tel common
10
Jan
138
Shawinigan
,
18%
12
116
2%,
Jan
Oct
MacLaren
Feb
17
48%
pfd
2
2%
61
May
preferred —
—I—
Lowney Co Ltd (Walter M)
Feb
103
100
Lawrence Paper 6%
May
Jan
6
101
1,755
2
Feb
15
42
20
19%
|:
960
40
189
25
18%
3% May
May
'Apr
1,992
484
19
Sep
50
51
50
y
57e
67% July
Water & Power com
*
Series A 4% preferred.——„*—-.50
Ft
.
10% May.
304
2
90
-
2%
Hydro-Electric Securities Corp
*
Intern'l Paints (Can) Ltd class A.—*
39i/4 Aug
60% May
100% Mar
13% Oct
60
750
Jan
7
18%
104
I
3%
48
52%
13%
104
Jan
36
Feb
Aug
6
Melchers
Lawrence Corporation common*—*
Class A! preferred**—•***
—*50
12
5
y
50
101 101%
Saguenay Power 4 %$> preferred*—100
St
Jan
18
8% May
35
52%
18%
101
85
,:7„.38
5% July
20%
13
••
--*,——*
preferred
Jan
34
Feb
9Va
4% Mar
•
Class
Feb
37%
20
50
•
Jan
18%
37%
143/t May
1
Motor Co of Canada class A
Horner
29
18 %
—•
11% May
4,600
25%
22V4^Aug
-
Foreign Pow Sec 6 7o red pfd
100
Companies
—
—1
Great Lakes Paper Co Ltd com—;-_*
8% Sep
18
May
Feb
*
Powell River Co
29
19%
8
Fleet Mfg Si .Aircraft,.
Ford
Jan
——1
Placer Development
12%
18%
50
26% Feb
Aug
26%
363/4
12%
Fraser
16%
16%
Sted Products Ltd
Fairchild Aircraft Limited
Jan
53
36%
?'>
t
;•>
7%
common——*
26
42
10
43
12% Oct
213/4 Sep
23
July
High
LOW
r.
36%
...?%
Fanny Farmer Candy Shops Inc
*
common—:
Holland Paper common
;
53%
36%
36%
—*
31
--5
Page-Hersey Tubes
Quebec Power*
Rsnge Since January 1
1
5%
'.
—
•
32
.
1
Shares
High
24%
19%
Paper Co Ltd
Donnacona
955
•
Power
.
15%
.
Aircraft
Ht
Low
*
14%
Lv
Ottawa
Aug
Worsteds
&
Woollens
44
—,
Mills
Sales
for Week
,
24%
__
—*
Square Corp—
15%
common
Noranda Mines Ltd
Flour
!
143/4 Sep
iya May
22% Feb
4
100
Car Corp
Weaving
Wire
Week's.
Range
of Prices
*
class A
*
JjJ
Class B
—————*
Dominion Engineering Works Ltd
.*
Frere Llmitee
David &
*
*
Chemical
&
&
Par
High
May
40
.
25
Tramways
National Breweries
Friday.
;>Last -* '
Sale Price
STOCKS—
Dominion
preferred
Montreal
Ogilvie
Bange Slnee January 1
,
..
Montreal
,
,y:yy
Shares
24%
v"Li
Molson's
Sales
for Week
of Pricea
15%
.y,' '
Massey-Harris
McCoIl-Frontenac Oil
Mitchell
Bale Price
12C
65c
;■
2.35-July
July
Jun
||
?!
•fi,
Volume
166
-
Number 4633
THE
COMMERCIAL
& FINANCIAL
CHRONICLE
(1387)
CANADIAN
RANGE FOR
LISTED
WEEK
ENDING
MARKETS
OCTOBER
Toronto Stock Exchange
V
Friday
Week's
Last
Friday
v
:
"t
J
' V
x
Abitibi
•:
Par
"'>V.v
Power
$1.50
&
$2.50 preferred '
37
*
-—
.•Preferred
Akaitcho
37
19%
Alberta
new
common.^
XX
:
Algoma Steel
Aluminium
American
.
common
90e
Aug
10c
Sep
•
55c
Oct
ix^-x
Base
nf
58c
•
X:
■'
class
Aug
20%
19% Jun
23%
.1
;
60c
39c
44cr
' 5
'A'/e
.
5
23c
23c,
24c
*
:
i.
'
•
"
•
—
v
•V
3,475
19,300
1,061
15
■.
'
27c
,%
32c
f
»
1.17
•*
2
42,700
80c
2,368
■'
■
15c
;
205
Varnish Co pref__
15
22
July
230 Jan
16% May
150
6% Sep
7Va
10%
10%
10Vi
38 V4 '■.
37%
197
'
25
•
-
205
23
20%
45
19
345
21
Apr
May
footnotes
see
page 42.
Mar
9,700
10c
59c
65c
60c
65c
1.23
#i;02
69 %c
66c
// 20
18
1.15
24%
1.60 May
1.25^»'
30c
-'
27,600
2
71c
2.44
Feb
26c
Feb
,85c
Feb
75c
Sep
May '/
87c
'Kay
X L70 Jan
'
46,250
44c
20%
II,680
14
Aug
May /
<1.07
1,18
21,000
70c
Aug
24%
25%
1,690
/18
Jan
770
25
Apr
8
Sep
27
May
26
common
,
&
Steel
Coal
,
r
150
Oct
9%
Feb
10
104
Jun
105 f-
Feb
100
3
Jun
4%
Feb
Jan
67/8
35
cl B—
•
40
18
20
May
27
Mar
23
Sep
26% May
May
15
—
11
64c
67c
May
May
Sep
11c
July
17c
Feb
i
1.62 Jatt
90c
;
Jun
1.58
Jan
;
28%c Sep
6,000
12,950
26 Vic Mar
1.50 May
2.45
15,350
;
'
Feb
850
5,300
2.70 Mav
4.75
Jan
300
8% May
,11%
Jan
,
57c
__
50
37% July
40
-
Jan
.
Feb
Sep
'
'-X-,
19
60c
Oct J
28c
21
Aug
May
20c
Apr
20
16%
4
12%
.—
Jan
1.36
Feb
2.60
60c
Aug
Sep
25%
Jan
*:
Grain
Oct
23% May
•
■
,
4% May
5c
9 Vi
Ford
of Canada
eiasfs
26% M»y
Francoeur
Gold
;
i59fe
Sep
Frobisher
—
w—
121/4
Jan
Jan
Gatineau
Power
2
14%
9
Aug
•{:,vi4
20
20%
19%
Jan
15 %c
16c
2.50
2.55
19
—
—
20
—
cammon
Giant. Yellowknife
Gillies Lake
18
Mat
30
!Feb
Glenora
10
May
15%
Jan
109%
14%
Preferred
20
God's
Lake
Jan
Goldale
Sep
100
Gold
Mines.
1
Gold
Gold
6.45
6.10
19c
6.20
17c 19% c
Feb
:
38c
May
Bep
May
Feb
2.05 May
3.25
Jan
16%
20
Aug
Apr
109% July
111% Mav
109% May
14% Aug
111'A May
105
107
5.40 May
10c
18'A
July
:
'.7.15 Mar
July
23c
4%c
Feb
x'Jan
Sep
9c
Feb
71c
•
Aug
49 %c
1.07
1.02
52c
1.20
—
19c
19c
22c
Feb
19c
18c
20c
32c
Aug
.1
:
Mines
Golden Arrow Mines
Golden Manitou Mines
i'i Goldhawk
:
5
Feb
.•
—
Mines
Eagle
15
12c
13%
.1
Goldcrest Gold
•
.1,
.1:3%c
Oil
Feb
110
105 105 «/4
Gold
Globe
2%
110% / 111:
common
Feb
Feb
Sep
23
2
:
5%
26
Jan
Vx/:x
11%
Feb
8
14%
——-
preferred
5%% preferred
General Steel Wares
-121/4
May
11c
Sep
Aug
A—
Exploration
134
Sep
May
6% Mar
—
Fleury-Bissell preferred
23% Feb
.
19%
22% Aug
M 19% Feb
Z 67
Jan
,49% May
X
—
43
Oct
'
5.50 Feb
—
Fittings Ltd class A
Fleet Mfg & Aircraft-X———-
16
Sep
89% Sep /
15%
Oct
c
,
95
Feb
97
4.70
3.90 Sep
16
Aug
common
15 '
Jun
//' 7% Jan
h 14Vi Jan i
Oct
1.966 July
11% May
41%May
16
Oct
Sep
—
Ffbre Products preferred
26
;
45
12% May
47,210
111,100
Preferred
29% Jan
.
Aug
305
28,300
Sep
Jun
■
33%, Jan
85
Federal Kirkland
Sep
Apr,
65
Feb
323
■;
Jan;
25
170
470
Sep
Jan
11
30
49% Mar
>■•/.
12% f"
1.34 Jan
25%
29 Vi
7%
Y
Investment
Oct
6%
& Chemical
pfd.
Woollens
Amphi Mines
v
Feb
20%
29 %
Tar
,
98c
104% 104%
__.
„
...
Apr
May
36c
6,000
Feb
July
8c
15,300
'
2%
•
Jan
20
155
—.
Mar
14
10
9c
-
Falconbrldge Nickel
Players
Fanny Farmer Candy Shops
Jun
130
60 %c May
For
'
Sep
11% May
11% May
—
31
27
65
^*"49c
—
315
Locomotive
Sep
Sep
195
10c
Ltd
•45
-
Canadian Malarlle
;
320
1
15
Canadian
v
20c
545
A.
Jan
Jun
i ■■
1.43
—
22% Sep
/f 47,646
20 20%
V?-•
!2
12
25
5,645
20%
26
28c
1,100
57C
Jan
Mar
27c
1.76
1
1.50
45
Jan
10'/4
*
Jan
Sep
Aug
1.75
*•
Jan
55c
9c
Famous
i-
Canadian Ice Machine class A
Canadian Industrial Alcohol
com
28;/-
30 %
8c
10%
62Feb
'./
Sep
/ Oct
24
25
.—
Apr
41
25%
8
Mar
75
20%
Canadian Food Products
Common.
Class A {.
i
xX
•Preferred —x——X—
27%
Feb
23% Mar
July
I
Equitable Life Insurance
Feb
40
^O0
175
20%
preferred—.
28
1.49
.
70c
1,000
1.75
Jan
May
2,000
14c
'Jun
12c
I,800
11c
common
Bank
Eureka Corp
Jan
188
25
;;: 26
M%
95c
.
Apr
5
397/e May
1,700
11c
Stores
Federal
'41%
.aiVx 21/21 Vi
,23%
22% 23%
28%fc
24c 28 Vic
3.50
8% Jun
36% July
24%
—20
—
23
20c
Feb
13
July
Aug
69c
6,020
42.
•
26
Aug
174%
Jan
25c.
English Electric class A
Class P
—.———xx.
Sep
23%
7
198
—*
.
62
175
41
22%
common _x
1.04
42
*18c
1
•
2.70 July
562
S3 %
•
X
85c
'
>'
I
Eddy Paper class A
Jan
16
2,195
7%
ty
4,300
16%
Elder Mines
^
EMona Gold Mines
El fiol Gold Mines,
17%C Feb
20
.
;
May
3.05
53%
rxv
--.x-Xti-X
preferred
12
,
19
-t
-----
80
29c
Sep
Feb
34c
—.
2.90
53%
—
Canadian Canners common
1st preferred
225
'
Commerce—— .—*10:
y '
29
_L
—*
Feb
26
3.05
—
27%
260
Feb
15%
'
-25
Mines
Economic
32% Feb
1.70 Jan
44
27%
; 85c
12% Apr
5%C.Sep
•
35
12 %c
—
Duquesne Mining Co
Duvay Gold Mines
Jan
Jim
4,500
*:v
f. Rights
4.75
35c
60c
-
May
2,000
-50
4,330
22
61c
Sep
Apr
Aug
152
906
Feb
14
i
90c
East Malartic Mines
East Sullivan Mines
Eastern Steel
—.—
11
8c
198
85c
4
'V
Sep
89%
Oct
11%
20
222
Donalda Mines
Dulama Gold Mines Ltd
* 1
-28
.
2.56
.100 '
4
156
Fek
1.05
Sep
12c
Jan
21
Jan
78% May
200
4
22
—•
Lake
East
26
'■ -<•
11%
Xp;
__<■
-X
A—
Jun
25
2.35
-*
Jan
1
Feb
-
11%
7Vic
A*-'
30c
1.55
Oct
4
y
1.56
154
1
Mines
Dominion
29% Jan;
May
22c
■>*
A
Sep
1.10 May
17% Jan
23c
?
250
11%
100
elkss
Dominion
Feb
■;■•;■,
48%c
2.50 Apr
'
3,000
2.56
-1
7%
2.00
7,700
41,700
1,117
'
Jun
1,800
:
87%
154
Feb
Jan
60c
Aug
65o
16c
51c
35c
:/
1.40 May
85
84
*
•
6
160
Feb
100
14,764
12c
Jun
15
Aug
May
90c
23c
Feb
8'%
May
7c
37c
1.35
.___*
Gold
30c
/>
17%
87
Jun
3.45
Sep
82c
*
common
6%
1,75
15c
5
50c
Feb
1.30
85c
•
6
1,500:-
4% feb
V Kf* -*•'") A \
May
10,600
-*
Power-——.
class
"
Aug
21c
Jx; : 29% -30%
Jan
*9% Jan
3% Feb
■
,
Aug
14
-*
Feb
Jan
14%c Feb
2.10 Mav
17%
.
,1
X Dickenson Red Lake
Dominion
Apr
""* "~9"
«■'
Uyr'/Vr^. 'f'1)'
-*
Canada Wire & Cable class B
Class B
27c
20
>;
.1
-X—
;13c
/
61,200
-Jteb:
-
.
15c1 Jan
24c
11%
May
100
'
common.
103% .Sep-.
July
_«
x
Dredge
.
22c
—
6%
2
Dominion Foundry 6s Steel
Dominion Magnesium
<
Jan
t
32c
' 27
!•. •,>
U5% July
18'%c
-L
'
•*
-9^*Sep
25
,
1.30
—
Red
Preferred
.r.
40
3.20 X
24c
May
5c
50
35c
,1.75
Dominion Malting preferred
Dominion Scottish Invest
Feb*
I
2.90
v--./
35c
1.35
<
5% Oct
690
•'
1.25
•
20
4.30
'
7%
,
75c
Nickel
Dominion
6,600
2.95
■
5,150
7%
Mines—.1
Dominion Dairies
Oct
,v>/
■
.
; 22 *
\ I*
,
5,000
2.90
<
2.80
:
—
Class B _X_—>XxX—————«>X—1•
Delnite Mines
Dome
Jan
24
.100%-6ep
■/ 455
2%
17c
---\.22
(
8%
18%
•
23% Sep
75
27%
27c
Oct
14c
17%
Diversified Mining
13% Mar
•
May
Mat
/SO
16c..':
31
13c
——*
.
Petroleum
Dominion
|§; 10Vic Feb
3,998,
2%
Apr
9c
Discovery Yellowknife—x—>—*—l
Peb
<;••:
.
Jan
2.20
2.60 May
75
—>——1
Distillers Seagrams
Feb
44c
20
:
.
6
16c
•
.*
Permanent Mtge
.1
SS Lines
preferred—!—i
Canadian
30c
18
-
4
^26%
i
.1
Canada Malting
,,
Jan
Aug
Aug
10
13'
.
5%
61c
Jan
38c
14% Jan
Feb..,'
24v24%v^
13.v
Aug
75c
8c
Dexter Red Lake Mines
Sep
14C
6C
55
<
100% 100 $3/
•••.. • -1'. -'
21c
56,000
—-*
Mines
Leather
Detta
1.35 Feb
Maf ^ ^ V31c
Aug
.%<:•
Jan
460
38C
————>100
Exploration
Denison
Aug
May
x,l,200v^'/4'4l0^*tl^
1.45
18%
3%
-
26c
,
1,910
9c. 9Vic
•
,.x
•*
iX—x-X-kt
i
16c
3,000
21%.22%/
.'9Vic
<
Feb
5
Jan
33c
120
1,200
11V4
1J20.
'M
79Vic
Sep
3,900
31
X
Sep
191
•
11% Sep
3,100,
.
7c
.10%
1
5
32c
32c.
7C
7c
89c
Sep
60c
21,016
11 %
11%
31c
Mat
Jan
6,800
8c
Central
Patricia
Aircraft
Davis
.
16C 16'/2C
16cl6Vic
3%
•
common
-
47/a
111,700
x'-/;//
ited Lalca_-i---_—__k
Celanese
Jun
' 91c
Sep
4,301
X75c
11%
s;
166%
*
65c
:
May
v26%BMay;
.
Oct
May
11%
31c
35c
■"■-;v■—x^.:y;Xxxx>_X/-r-t
3,700
115,200
1,267
166 167 V2
"/> 24
r
.?
FlOft-**—-
x
23c
8%c
25c
1.60
6 Vic
1
Paper Box
Imperial Mills
Davies
Feb
■:-vY%cJanX'^/
1,500
Jan
40 %c
3.35
38C
D'Aragon Mines
Feb
525
41c
11 %
■*
Calgary & Edmonton
Canadian
17
22%
7c
■*
A__.
Burlington Steel
Burns At Go class A—
.Class By_
(iar
Jan
21'A
__
•1
A
40
190
23 %c
t-23 Vic
.•
.Class
Jun
18
70c
>0
Canadian Gold Mines
Buffalo Red Lake Mines.
:
'
35
345
24,300
—_*
—
Crowshore
Cub
Jan
18
:4
Building Products
Convertible
39%
9 Vic
'
31
7%
*———X—5
Croinor Pershing
Crow's Nest Coal
Jan
Aug
July
13 %c Aug
7
Sep
30c May
100
•
5 Vic
2.80
*
Mining & Smelting
Crestaurum
X Aug
28
13,600
57c:
-
Cadillac.
Homestead Oil
Cosmos
Sep
19c
Jan
38
•*
Breweries
34c
Sep
10c
„1
Bank ut
r.
7%
45c
1
Corrugated
Sep
33
;i5^^
Power class A_.
uanaaian
744
•
.
Buffalo
Canadian
25%
X
National
Con west
13% Mar
Mar
•So
1.045
—
16 Vic
X—.
Canadian
16c
3,000
37
.;
,
.
J' r'<:.
2,500
9c
9 Vic
1
Class B ————x—
Gas
Apr
5%
13c
10,900
7%
146
__1
Consumers
Jan
5.20
Jan
2 6'A
35
76c
4% Jun
12
25%
166%
-
,;.r-
480
18%
Buffadison! Gold-—
Buffalo Ankerlte
Canada
12%
22%
British Dominion Oil
Broulan Porcupine
Bruck Silk. Mills__-
Canada
12%
Jun;
Feb
1.45 Mar
2.20
1.53
Consolidated Press class
A_——♦
Feb
3.90 May
3.00
Oct
•28c
.
20c
Apr
1.30
107.500
21c
31
T
■
Consolidated
Feb
39o
Gold___
common.
Consolidated
Feb
35c
40c
-
3.20
•
$ ■;
Yellowknife
Consolidated
Feb
12%
Feb
26%
125
9c
—
75
34%
38c
y
8V*c Jun
2,350
'58c
com.
i,
a
—
J
Jan
May
••
•
19,300
37
Forest
Northern
Sep
23%c
Willans
Coniagas Mines
Jan
27c
Feb
May
2.00 May
1.10 May
47,750
6c
* —-X—
-
—_
Ccfniaurum Mines ;;"
Consolidated Bakeries
Consolidated Beattle Mines
Jan
15V*
11c
3,940
1,000
13,100
33c
.•1.22,
Mines
Columbia Packers
Class B
Packers
-.
17c
5%
9 Vic
•
British
Canada
1.03
Mar
May
May
Aug
4.60
r
"v'1'<t
Canada.'
May
•
»
40c
•
Lake
Conduits
Jatt
;30«
May
13
8c
30c
1
-Machinery
41c
lie
4.45
34%
•
Canada
11%
15c
25%
.1
British American Oil
British <tolumbir Elec
pref--XL--i.il]
Campbell
11
16c 16 %c
■
12'%
1
Canada Cement
I0%o May
7,200
5%
.•
Brewers; St Distillers—J—
Flin
Sep
20,500
4.45
■
J
—+
British Columbia
Feb
60
33c
:
100
Brazilian Traction
Light Si Pwr
Canada
14c
■/_
1
Brand k Millen class
A_.
Brantford Roofing
Callinan
14c
.44%
1
Gold
Columbia
9%
93%
•
9c
•
Commonwealth Petroleum——
.
x
Gold
Class -B
12c
13c
22%
Radium
common.
/; 4
6% May
Oct
83
30
■
Coin
Jan
55,000
—
Bralorne Mines Ltd
f
14c
AMI
Lake
13%c
Smelt
106
15%
11
Feb
May
7%
40C
Malartic
Oils
Colomac
70c
—-
Cochenour
Sep
Get
18c
29c
—
&
Cochrane Dunlop
Cockshutt Plow
Feb
14c
6c
7,600
141/4
•
Bobjo Mines Ltd
British
58c
14
«
Gold
Red
12c
41C
2,000
Coastal
9.65 Aug
1.30 Feb
:
33c
1
__
Min
Cltralam
1.26
1.60
•:
3.20
Knitting
Jan
24
100
1.26
1
Feb
11 % May
700
1.30
_i
__
•
18 V2
183%
■
Mar
AUg
20
18c
Jan
6%C Jan
600
12 c
.
16 %c
xx—x-_X-XX*Xx
Brewls
7-
84
13c
•
Yellowknife
Bell Telephone of Canada
Rights
Bonetal Gold
Mines
Cbimo Gold Mines
1.90 July
Jun
Aug
40
500 I
42c
.
10
Beaulieu
Bonville
*"•
19c
c
Jan
8.45
60c
2,500
10c
54c
97c
'
8c
y—
Bidgood Kirkland
•
July
2.35
20c
1
104
4,950
25%
37c
Wines
Sep
/ Mar
24%
135
1
Chromium
Jun
'''
.
Circle Bar
Feb
1.90
77c
•
10
Mining
Hats
8,000
14
13 %Q
.
.10
Exploration &
Biltmore
9c
42c
22c 22 %C
Innes class A.
Bathurst Power class A_
Bevcourt
7,000
17 %c
*
Bates &
Bear
6c
6C.
83
1
Scotia.
Toronto
Metals
115
10,300
8c
Consolidated
Nova
2,500
85c
6%
1
:
1.30
9.25
.
27%
9%c Aug
74c
10c
1
—
1,500
1.25 X
6C
I
Montreal
Bank
•
Sep
2,500
13c
80C
___»'.
A
of
'•
168
15
14%
13
7
2.25
>
2.25
Chestervllle Mines
July
55c
Mines
of
213
Jan
62c
13
High
85
'
25%
Research
Chesklrk
Aug
Mar
7,567
41c
Gold
Bankfield
Feb;
26
66c
8%C
———„_x———I
Electric common
•
Bank
Chemical
32c
188
205
14%
A———
Gold
Chateau-Gai
Jan
41
26%
9.00
1
Bank
25
.
class
Porenplne
Centremaque Gold
Jun
Jan
26
1.27
1
,
class
Railway
Low
14%
168% 168 Vi
105% ; 105%
V.
Central
Sep
1.50
May
.
62c
10
—
Aumaque Gold Mines
Fabric
85
535
12c
12c
.1
Hardware class A
Bags mac
21
.
205
1
Mines———————
Aunor
830
26
——1
——
Auto
39%
Jun
26c
65c
1
;xxxx--XX-x--XxXxXXxxi
Aubelle Mines Ltd
Auto
16c
37
39%
Argus Corp common—X—
0
■'
Preferred —____100
Athona
i'
14c
15c
1,720
59,300
'•
—100
Range Since January 1
High
14
168%
Central Patricia Gold Mines
Feb
16c
9%
700
^
Atlas Steel x..: XXy,
Atlas Yellowknlfe
A;
9% Sep
—100
Arjon Gold Mines
'
275
12c
—
Armistice
'
9%
55c
Ashley. Gold Mining
100
Wirebound
Low
,
14
Castle-Trethewey
23% Mar
107
9%
95c
Cariboo
Jun
Shares
•
___.
Canadian
for Week
of Prices
' Por
common.
-
-
Astoria Quebec
Jun
95c
Resources xxX-x»x-xx---x*
Porcupine
1
Ashdown
Sep
103 Va
i
43%
5%c May
Neplieline
Mines ■.
*19%
15
500
10c
Cons
■
•
6 %C
10c
Ansley • Gold- :-X_x-xxx-X-_—-XXXl' -.
Area
20
.
80
320
6 %C
Yeliowknife X——i.
Aquarius
High
21%Feb
!;• 95c
Anglo Canadian yOll —-x«-xX-xX*'
Anglo-Huronian
Anglo Rouyn Mines
——*xx-xxxi
Apex
Cos
prefeired
Canadian Pacific
22 .Feb
9%
•
Aluminum of Canada 4%
pfdAmalgamated Larder Mines
American
■
104% 104'%
l
Oil
preferred
5%
14% May
1
-
1
17% May
36% July
<
___1
—
-
common
Ltd
6,040
2,060
6%C
—•
Pacific Cons_
Alger Gold Mines
18 ;
19%
100
Yellowknlfe
Low
20%
■Acme., Gas. i&; Oil*-^-'-v—————*
Agnew-Surpass
Range Since January
High
16%
19%
-20
-
-
8%
-
17 Va
20%
20
-j,——
Acadia-Atlantic class A
Shares
Low
*/.-,•••.
•
Paper common——*
preferred
Canadian
for Week
of Prices
fiale Price
Sales
Range
Sale Price
t;/•/'
Sales
Range
Week's
Last
•
•
3
STOCKS—
Canadian Funds
STOCKS—
39
Porcupine
43c
7c
-
14c
1.98 Mar
V
7c
23c
Jan-
17c
•17c-
2.10
X
18c
50c
Jan
2.05
2.10
13 %c
16 c
3.30
Jan
74c
Jan
40
THE COMMERCIAL
(1888)
•
I:
«t FINANCIAL CHRONICLE
CANADIAN
LISTED
RANGE FOR WEEK ENDING
'
Friday
•''
■
STOCKS-
V
XX'r
-
Goldora
Mines
par Xv-y
'
Mines
Goldvue
Goodiion
:
Sale Price
"
Shares
34c
Low
15c
8.200
7c
37c
47,000
17c
May
4c
Sep.
525
52%
ll'/a
400
.11c
55'A
11% July
9%c Aug
4c
4.400
.
53 %
52 %
46c
Sep
4c
53
—50
;
.
xL ]■ -<•
Sep
Preferred
Mclntyre
Jan
Mackay
Graham
11%
*
16c
13c
16c
13,000
18%
17 %
18%
12,390
45
44
45%
839
10 %
100
6'/8 May
16
8% May
13
■
Great
West Felt
Grtat
West
10
common—
%
10%
11'/j
30
4'A
43b
150
38c
38c
1,000
14 %
13%
14 %
520
6'/2c
6V2C
5U0
be
3 %c
3 Vac
3a4C
4,500
2c
6%
25
6
May,
Mercury? Mills
JUn
.
-
Sep
Mining 'Corp
Gypsum. Lime & Alabastine
•
Halcrow
1
Swayze
Halliwell
Gold
Hamilton
5
Haiding
'narncana
Gold
Mines
\
Jan
10c
Jan
37c
41c
15,750
10
10',4
450
SOO
11c
10c
12c
8,000
9%
65c
May
.7c
21 %c
May
4%
Highwood
85 c
4,711
75c
Aug
7'/aC
7%c
1,000
7c
May
15c
National
1.04
200
95c
Aug
1.40
Jan
11
11
50
Aug
11%
Aug
99
99
5
30c
36c
53,650
48c
33c
__1
.
48c
500
11c
8,500
*
consolidated
Gold
10c 10 V2c
*
i
17
10
•
1.45
Feb
Aug
99
80
.97c
Gold
46c
Aug
89c
8c
May
18C
Jan
8C
Jan
lac
23%
Negus
New
Hugn
Mines
1
12
2,165
1,875
2.75
10c
8.000
30c
31c
9.900
27
27
25
12%
9.50 May
30c
<■
common—-
--
33c
Bay Mining & Smelting.
34c
32c
42%
Malartlc
9,800
43
1,030
5c
5»%c
10,000
42'%
5'% c
Hunts Ltd class A
Jan
24 %c
25
29c
40
4c
Aug
64c
28'%
Jun
May
47c
45%
Marlon
100
10
May
13 3A
25
Apr
30
13%
14'/b
5,073
12
Jan
15% July
13'/2
13 V2
14%
1,205
13 %
Jan
15% Mar
1V2
V/&
870
7% July
1
30c
14 %c
9V4C 10'/2.c
2,500
6%c Aug
Metal
class
A
Nickel
international
-
Preferred
Co
A.J
class
Jack
Gold
Waite
Mar
102
Jun
106%
Jan
111%
32 %
Aug
37%
10
2,135
12'%
35c
42c
Mining
2,125
6,300
6 %'c
8%C
12,000
10c
1
40c 42 Vac
8c
9%c
10c
8,500
150
Car
4
-
Sep
Sep
,
(1939).
Joliet
25
28%
50
10
12
12
11
11
20c
500
22
22%
445
2.05
2%c
2%c
500
2'%c July
5c
2.15
5c
6c
21c
61,800
14c,. July
55c
Feb
5c
5c
1,055
2'/2c
2%C
2%c
572
:
1
„
1
_
Kayrand
8c
1
1
t.4
36c
5c
Oct
9C
Feb
2'%c
Oct
5c
'
1
Kirkland
Jun
95c
Jan
6,000
8c
25 %
25
■-
155
6%c Aug
24c
25
Mar
31
& *
16
36c
41,693
21o
May
55c
Jan
2,000
40c
Jun
57c
July
16 Va
157/8
3,660
16%
59c
59c
100
37c
Mar
95c
Aug
25c
12,800
14c
May
July
46c
Jan
1.05
Jan
2.25
Sep
75c.
80c
1,600
1
2.03
1.96
2.10
22,865
1
20c
20c
22c
3,800
24
23%
24%
225
6.50
6.45
6.50
1,265
5 3/4 C
5c
11c
203,890
Mining & Exploration—.i_„l
Fortune
Lake Rowan
Lake
Shore
Lake
1
Gold
(1945)
Mines
15c
»
■
Mines
4c
Apr
15c
Jun
Sep
33c
Jan
Jan
16%
Jun
Sep
1.25
Jan
5,500
15%
1,310
13%
88c
1,700
81c
3.20
200
2.80
Aug
4.50
7,000
4c
74c
Oct
30c
May
5c
5c
5,126
4c
Aug
9%c
Jan
600
5.70
Feb
7.25
Jun
20
250
7C
7c
23c
1,000
15,600
6%C
7C
7%C
17,500
18
165
17%
3'/2c
3%c
3%c
500
!__<•
—
48c
48c
52c
2,100
1
Lexindln
1
1
Gold
1.23
19
Sep
22
Sep
13c
22c
May
50c
4c
May
17c
Jan
21%
Feb
7c
16'% Aug
May
Jan
Feb
65c
29,600
50c
Aug
70c
9c
9%c
10,500
be
May
lvc
Jaa
5%c May
13c
Jan
6 %c
43
6 %
43
1,500
c
43'%
52c
1,000
1.50
1.50
1.55
5,216
Ijc
15c
19c
8,300
9%c
1
1
Mines
9c
35c
35c
5%c
5 %c
4%
Jan
2.05
1.32 May
7c
May
16c
Feb
2,500
•
Sep
24c
Jan
48«
Apr
5c
Aug
10c
Jan
3%
Jun
6
Feb
4%
4%
325
6
6
6
75
1
6'A May
5'% July
2.67
2.20
2.47
26,720
65c
65c
74c
4,100
46c
Jun
1.77
Apr
65c
60c
65c
7,000
40c
Jan
2.35
July
0
15c
15c
15c
500
14c
July
21c
Jan
6c
6%c
3,000
6c
May
ISc
Jan
Malartic
Orange
1
Orlac
13
1
Red
Lake
Lake
*isulnke
Ottawa
1
1.80 May
13%
795
13c
7c
26,947
50,500
25c
5.500
1.15
1.35
52,700
66c
64c
68c
17,800
8
8
340
7c
8c
13,800
10c
10c
6,000-
9c
85c
85c
1,600
84c
Car
*
Pacalta Oils
•
--
13 %c
Feb
Aug
20c
25c
1.22
.
Pacific
(Eastern)
70c
Feb
8lc
July
2.23
Jan
45c
'
-
-
May
81c
Sep
4%
8
Sep
15c
Jun
65c
Feb
Feb
8c
5'Ac May
Gold
:
1
1
85c
Aug*
1.21 July
Jan
Hershey
Page
1.99
58,090
9%c
9 '%c
10c
3,000
6c
May
20c
Feb
10c
10c
12c
6.500
9c
Jan
7%c
2,000
6c
Aug
Sep
23 %c
6c
Cadillac
-—7
Malartic
3c
3c
10.500
2c
Aug
5%c
Jan
42c
July
57c
Jun >
43,700
'Ac Aug
29c
Jan
4,850
86c
Sep
i? 25
'Oct
1
!
Malartic
1
Pen-Rey Gold Mines
Perron
Gold
-?
48c
16c
16c
1
—-_1.
..^—_--_r—
Photo Engravers 1LlJ-Z
Piccadilly Porcupine
Crow
17c
25
.1
8,425
t
10c
i
.
25*"'
45
10c
1,000
2.60
3,858
27% July
1.18 May
•
87c.^ 93c
r—4"-—®
Gold
Mines
1
Pioneer Gold
2.50
2.50
1
Porcupine
Peninsular
Reef
Gold
3.65
1
Powell
3.90
.
7c
1.99 Oct
\
12c
49c
48c
37%
River
Powell Rouyn
Vtc
2,360
'
Feb
3.30
Feb#*
4.40 May
3.25 May
1,000
25c
27c
1,800
45c
May
400
I:
May
16,700
1.00
'
6,300
22c
14,000
20c
Oct
28c
Sep
1,000
10c
Sep
34c
Jan
1.16
Jun
1.40
79c
43,200
63c
33'%
317
28
Jun
28
30
360
26%
Jun
1.60
1.70
9,300
1.35 Aug
20c
25c
5,200
16c
10 %c
11c
4,000
9c
3.50
3.80
6,040
3.05 May
4.20 Mar
2.75
7,100
2.25 July
4.85
13c 14 %c
9,700
1.85
10,950
30%,„
1.00
13
Mills common
Flour
2.35
66
160
70
Yellowknife
Gold.
*
10 %C
1
3.60
1
2.65
1
14 %C
1
1.80
1.65
9%
9%
6
5%
Feb
Jun
15
Jan
66
Sep
2.45
18,450
25
2.45
1.32 May
12%
11% Aug
Mines
MacDonald Mines
Macfie
Red Lake
MacLeod-Cockshutt
Gold
]?<- MacMillan Export class
-Class
Gold
Reno
62c
1,000
50c
1.15
Feb
67c
74c
12,600
60c
July
1.20
Jan
1.00
1.10
15.350
64c
May
1.20 Aug —
.
15
15%
62c
15
3,660
Jun
"
A-*—;
*
Madsen
Red
Consolidated
Lake
Gold
July
10
Sep
Aug
80c
Feb?/
250
20c
40,500
12c
12c
600
7c
Jan
26c
class
Silk
12c
73c
—^
2fic
——1
(1936)
A
34
*
1.45 May
2.40
Feb
Little
Robinson
com
28c
8,700
23c
July
1,145
32%
Jun
33%
35
8%
8%
Feb
15c
Feb'' V
47c
Mar
38
8%
*
—
Roche
Jan
Rochette
550
6%
Apr
Feb
Rouyn
Gold
7c
1,000
5c
14c
•2,000
5c
3.60
39c
May
July
28c
Jan
Jan
Merger
Oils
Roxana
30c
32c
13,000
27c
Aug
37c
31c
37c
12,200
30c
22 %
22%
22%
16%
15%
16%
16 %C
Mines
Co
Royal Bank
Mines
Mines
■-
Preferred
McBrine
F^r
(L)
Feb
1,625
5%
6
•
.
2.25
10
15c
18c
'"r
'Feb
f-Hiiht-vm
Feb,,,
58c
1.03,'Jari'1
260
Aug
22% Apr
Sep
b
3.50
3.15
3.70
37c
'50c
2.10
1.94
22,700
4,000
2.10',
26,115
6% Sep
2.80 May
30c
May
1.50 May
3.95
„
59c
25
581
i4%
Jan
21
38,000
15Q
Oct
21,000
A'janH*
Jan
Feb
Oct
5 'Ac
Feb
11% May
14%
Feb
2c
900
12
[i 12
49
6 %c
6%<;
6%c
500
51c
50c
55c
3,500
50c
9c
97bc
2,700
8%c May
2c
i__.
1
-
l
,
l
/.
A,
'
common
vVsi-
preferred-..—
page 42.
May
•
15s/»
15%
.28%
-18%-
15%
•
•
1,170
29
18%
195
.
50
Hill
J.un'
32c
30c
Sep"
38c'/-Sei>^"'
13%
13%
555
11%
Apr
15
•
18%
18%
18%
170
9%
47%'
48%
.
38c
"
St Lawrence Corp common—
July
A
preferred
—
50
San
48%
100
136
1
—
Paper preferred—
Antonio Gold Mines Ltd—.
4.15
134%
4.0.0
4.25
13c
:
1,020
%
30
136
Sand
1
Mines.;1
River
Sannorm
Ltd
Gold
class
v
—
-15c
15,300
;
A.
28c
22c
30c
--i~*
•Scythes & Co common
16%
16%
*
.——
13%
18% Sep
"48%" ^cl'"'
136 ./iOfett".-1
Jan.
32'A May
117
•
.
Apr
4.50
3.25.May..
50
15
13'A May
98,700
#
>•
13%
Aug ' "
16cs May ?-/
16
Sep—
7,000
%
.
J«)%f(
,6c
•30*:'J
Oct? >cl
,
14%
.
Apr,
75C
Sep
10 %c July
1.15
18c
14% May
27% Jun
32,
17%
20
Jan
1
-^i^un.,,
45c
36c
Jan
Senator Rouyn
Apr
21%
—-
31c
—
61c
21%
2.1%
615
21% Aug
43%
50
383
49%
V
55,800
Feb
Sep.
r
Feb
Julv
May
56 %c
21%'
49%
59 %C
Shawinigan Water & Power-
Ltd
Preferred
.28%
....—
see
97/sC,
V
*
4%C Aug
,
13%
Industries common.
July
2.45
2c
—
<
—
——
Feb
Sep
Scarfe
-
t'lotnotes
4,184
12
'
Massey-Harris
10
1,30 May
9% Sep
50c
Gold
••.(•'••j
8,100
1
Manitoba & Eastern'....
Marcus
39c
Aug
1.85
__1
Gold
Maple Leaf Milling
Maralgo
11c
Jan
Oil
Roybar Chibougamau
Rupinuni Mines
Royalltc
-
May
31c
12c
May,,,':; :
lie
1
—
10% May
,
6%c
1
—
Long Lac
Gold
13c
10
Jan
1
*
33%
31 %
,
St Lawrence
Vfalartic Gold Fields
Martin-McNeeley
2.60
Jan./
8
18c
10
18c
20c
21%
13% May
9%
A—
—...
Gold
Richmac
Russell
Mines
B.
Magnet
•
Sep i
14 Va May
-H
Macassa
W
Feb
49'A
70c
Mining
Milk class
Kegcourt Gold
Feb
1.60
Jan
1.03
Mines.
Gold Mines
Queenston
1.67
May
11
2.20
10
62c
Gold
Manitou
Quebec
Quebec
75c
71c
12%
1
East Dome
fresr.011
Purity
200
13
66
100
Premier Trust
1.00
13
;
Lynx
Sep
39% Aug"r
Jan
1.32 Mar
May
1.68
1.69
Jun;.
55c
Jan
29%
.
99 %c
—
Corp
Quemont
1.28
72c
1
,
17c
2.30 May
50c
25c
37
Gold
—
Power
Quinte
1.75
1
Mines
Jan
,
1.31 Feb
#'^28
May
July
38'A
25c
1
Porcupine
Feb
3OV2
Louvicourt Goldfields
Jan
240
1.70
29%
Paramaque Mines
Parbec
33%
30
1.86"
Tubes
Pamour Porcupine Mines -Ltd-.
Partanen
»
•"
i
*7
Sep
29%
Lunward
Gold
Feb
23
May
July
9c
1
—•
-
25 %c July
May
13
1
i
Mines
Mines
—
13c
10 %c
•
Gold
9c
12c
__1
Crush
Orenada
4%c
20c
•
Feb
2.37
55c
Sep
10%C 103,ic
72c
Jan
' Feb
44c
15c
5
Mines
Jan
9c
2,500
5%c
"
Jan
83c
Aug
25c
31,750
12c
34c
1
(1940)
54
July
42
43.900
4%c
3%c May
1,400
45c
49c
Sep
»
2'Ac May
.«
A
.
Jan
53 %c
4%c
Gold
39c
*
class
Jan
1.45
65c
54c
Jan
1.20
10 %c
1
Lac Gold Mines Ltd
Groceterias
(Class B
12%c
9%c
Mining
Riverside
Lingman Lake Gold Mines
»
July
Jan
6.70
17%
Leitch Gold Mines, LtdLencourt Gold
i_—
Little Long
61c
1
Oil
7.50 Aug
Feb
Oct
3
Lebel Oro Mines
Leduc-West
26% Mar
5c
23 c
26 c
1
Candy
July
3.40 May
-h
i,
"U"
Feb
2.55 Mar
Aug
13c
19
1
Secord
25c
Apr
6.50
6.50
1
x
23
3.20
*
Lapaska Mines
Jan
88 c
88c
*
Lapa Cadillac Gold
1.33
10c
15
1
____
50c
500
5%c
14c
1
Mining
La Luz Mines
*.
Lamaque Gold
Lang & Sons
5%c
1
Wasa
1.82 May
Jun
•
Pickle
*
—
Sep
Apr
26%
17 %c May
2,500
Jun
20c
Mines—..
"Jan
12%
40c
Jan
15,500
%o46c
12% Mar
59q
...
13
•
Mar
40c
Jan
Mar
53c
•
Laguerre Gold
Lohlaw
60c
May
25c
.Ji
Lake
Townsite
Labrador
Larder
July
33c
I
Labatt, (John)
Laura
33c
32c
Kirkland-Hudson
Lake
8,300
17,700
45c'
^>..1
o-irxiandlGqld.en Gate__..__i._4i-.
July
22
Jan
30
Sep
50c.
-
1
—
Kerr-Lake
Kirkland
37c
.
7%c
:
l
Kerr-Addlson
19%
Oct
35c
74c 74 %c
Malartic Mines
Pandora
Go a
*.
.
43c
.
*
Keno Hill
.
35c
45c
1
Mining
Kelwren
35c
I
1
Kelvinator Co
37c "Jan
14; —Apr
Sep
-.Oct
8%
2,050
Sep
Jan
Sep
18c
12%
16
50
20c
36C
Oils
Osisko
21c
—
Mines
40
4'A
25c
May
28'/a
Mines
Omnitrans Exploration
Jan
2%c
Ltd ;
Mines
Quebec
15c
28%
Gold
Pacific Petroleums
Joburke
16,3oO
12'%
;,
74'% July
27% Aug
a1'
..
Jan
19c
1
J M Consolidated
Feb
May
700
Mines
O'Leary
Jan
15c
1
Mines
14c
22%
Feb
90c
July
May
26% May
3% May
1G %
:
Omega Gold
Sep
16%
Sep
8c
Feb
22%
Sep
-
Sep
72c
Okalta
33% Aug
Jan
139'% July
6'%c
8%
Jan
Ogama-Rockland
Jan
150
19
65
110
0
Preferred
Sep
33%
15
-
Oct
Sep
16
<■
North Star Oil common
104%
262
12%
2
Mines
Jellicoe
26
320
150
.
Jacola Mines
Jason
315
12%
1
.1
--
30
32%
Jan
3,000
25c
B
Norseman Mines.
North Inca Gold
Jan
103
12%
•
10.50
7%
W 43c
31c
26c
Mines
Northland
Apr
103
33%
•
International Uranium
24c
10'/a
Sep
28'/a
5/100
Petroleum
8
111% 111%
103
100
common
....
International
7 .iJacknife
30
.
100
Milling preferred
90
83:,
8V2
*
Preferred
International
X
9V4C
Apr
Jun
12 %
Norzone
O'Brien
1
Feb
20c
X
16c
8% Mar
*
Fee
Feb
14 %c
•
4
Yellowknife
Normetal
Jan
14»/e
Gold
Oct
-
5
common
Norpick Gold Mines
Sep
375
Int'l
i*:-
3% X 4%
14 %c
Gold
Norbenite
Jan
27
Lake
Sep
y4o
62c
7.90 May
X
160
2.15
Calumet
Noranda
Feb
13c
12}a
Indian
67%
Apr
16
365
Mines
Norgold
Feb
Jan
May
26
£1
10c
5%c
650
27
Nicholson Mines
Feb
July
12%
...
Ingersoll Machine class A
L-
••/. 72
Sep
26
—
Bank
Preferred
],
71
v
Bidlamaque
New
4.80 July
15c
6'Ac Aug
Imperial Oil
•
Imperial Tobacco of Canada ordinary_5
/
72
*
preferred
Steel
Newnorth
Sep
10
Imperial
...
16
Jan
May
20
New
Feb
4.00
54
75
July
Oct
3.85
3.90
Howey Gold
Hudson
15
1
Hosiery
National
Mar
11%
1
Smith Paper
16
Oct
30c
2,300
•
High
30'A July
104'% July
Jan
47 %c May
3,470
,7
45c
26%
Mines
Drug
National
Feb
17
'
8%
43c
Sep
July
98
23 5/b c
9c
*
Yellcwknife
^Howard
8.20
43c
•
——
National Hosiery class
National Petroleum
Nib
wHosco
<*
2,000
19%
17
11%
5
Mines
Oil
"'Homer
\
10c
10c
*
—
Sarcee—
noiiitiger
.'Home
8.00
8
Preferred
Feb
1.02
1
1———
9,500
420
1
———
National Grocers,
Feb
79 %c
85c
.'.100
Dauch
&
65
8c
,
Brass
New
Hinde
100
16
8.20
-
preferred
Mvlamaque
Apr
Apr
*
Paper common
Mining
10c
7c
8c
Moshey Long Lac
Jan
12
18c
1
Mines
Highridge
10c
16
__
Locomotive
Morrison
Feb
1
Highland-Bell
5,147
—
Moore Corp common
47/sC Mar
;
9%c May
35c
1,400
36c
Jan
■
93/4 May
13c
66%
V 58c
34c
100
t
Jun
12'/2C
1
.1
:j.
Lake
Red
Goio
16'/a
65
58c
Oil-
23%
30
36c
-1
"*
Preferred
Heva
May
10 Va
,
~ '
Mascot
Hendershot
13
1
.
Gold
Hedley
57c
l2'/2C
X
•*>'/'v"'/
Heaaway
37c
July
1
*
T.
—
i'H
Ha saga
*
Mines..
Carpets
Gold
Harker
—1
——
Gold
Rock
Hard
r~—d
Eridge
31c
310
100
10c
Gold
Porcupine
Montreal
1
Gunnar Gold
65
Low
25
100
1
—1.
Lake
Range Since January 1
High
25
,
Modern Tool Works—;
Moneta
Shares
Low
;
100
5
Lake
Red
Mia-Continent
5% Mar
Jun
4
Red
McWatters Gold
Oct
Jun
May
67/a
4'/4
4
;
Sep
ll'/a
•
Saddlery common
Wire
Feb
187%
47%
13'A May
44
Mines
Porcupine
McKenzie
\: Sep
16c
1
*
.
common
raper new
preferred
Greening
11%
*
d-1
Bousquet
Great uikes
New
A--———;
class
12
'
for Week
of Prices
r
25%,
100
McMarmac
"""
Gordon
common„—.X--*
McColl Frontenac Oil
Sep
Feb
a
Par
Sales
„
Range
Sale Price
STOCKS—„
High
20c
May
33c
■
Week's
Last
Range Since January l
Low: High.
1
««
preferred
Friday
for Week
,
13c
1
Mining■_
Goodyear T.re
Range*
of Prices
1
t_
,
MARKETS
OCTOBER 3
Sales
Week's
Last.
A
Monday, October 6, 1947
Shawkey Mines
Shea's
-
Winnipeg
Brewery
—1
class A—*
,
21c
20c
29c
10%
10%
10%
-
'
3,200
165
Sep
i
25'%
-
t'-"-y
15'Ac May
10%
-
Jan
50, fe.,,
43c
Jan.
13%. Jan
*:
COMMERCIAL
THE
Number 4635
"Volume 166
&
FINANCIAL
LISTED
CANADIAN
CHRONICLE
tl
(1389)
MARKETS
RANGE FOR WEEK ENDING OCTOBER 3
'
SI
■
Sales
Week's
Rung©?; lor Week
Friday;'?;:
*
Last.:;,;.:'.
'
.
STOCKS—
;
vV?
'
Sale Price
Par
'
of Prices
v,:
Week's
Last
Range Since January 1
Loud
High
Shares "
High
Lou;
f
Friday
STOCKS—*
Sales
for Week
Rang©
0* Prices
;S»I« Price
Par
Low
Shares
tUinge Sine© January
High
/Lou
Sheep. Creek' Gold
Sherritt-Gordon
Sicks'
Gold
Breweries
Voting
-L50O
Mines
■'■■■
Silverwood Dairies
:
Class B
2.90
3.10
285
15 %
45
28c
24'Ac
12 'A
12'/a
26 Va
850;
675
21
21
21%
103
104
48C
48c
X;. 43c
48c
100.' ,103 Va"
_
Apr
401
25 %
Waite-Amulet Mines Ltd—•
5.35 Feb
Jan
<G &
Feb
13% July
Westeel Products
6%
Jun
12
Sep
Western
Jun
32%
Jan
29
Jan
19% May
63/-?-"
—.u...*
Grocers
Class A
:A
"Weston
106% Mar
Oct
103
/'
-
>./;■
*
..
Sladen Malartic Mines———-——-1
,
4Gc
?'
Xv'V-
900
45c
May
25
♦
f'
•.'/
';;
(George)
Aug
54c
33 %
16c
28%;
25
26%
Co
(N;
20
common.—-1.
30
28
loo-
28
104
liy^c
'•"
:
Springer Sturgeon
Standard Chemical
com
'
•
-*
—
v17%"
17'/a
1.31
-7'/a
\•
1.42
1.42
7%
100
17
104
"
I
12c
7%
485
7
.
'Preferred
1.43 July
May
97/# Feb
•
14%c
13c
Paving
Preferred
*
com
Standard Radio class A—4.——
,
''
Olsen
*
•>'
t
'"Starratt
V"
Gold
-1;
6
100
19'/a
25
19
5
5
100
65c
80c
27,200
—
>•
*•'
'
Winora
12c
18'A
/16%
>
96
,
100
—
Gold
8
i
23
Feb
Yellorex
5
Aug
8
Jan
Ymir
55c
May
14'A
14%
75%
;75'A
75'/a
•
—1
-*
15c
17c
2.41
29,750
—
15c
2.29
21
21
20
1
1
23c
23c
23c
2,000
4%c
4%c
1
2.10
2.05
2.19
3,587
23c
2*c
6,500
2.18
2.30
3,725
__
300
26%
Sep
Sep
137/e May
108
Sep
83
500
10c
Aug
29% 8ep.:)
3 8'A
\
ii
Feb
39% Mar
?
"a|
65
104
Feb
;
Jan
:i
Aug
11
29c
Jan
,11
21c
Apr
7'Ac May
10c Juiy
20c
10c
:
„
18 %',',.'
7,500
16,210
18'A
Oct
"V
15
" 97
t{
July
;)
/ 13% Jan
96
!
.Yankee
13c
4,000
3.10
3.20
1,272
21c
23c
4,000
19c
10c 11'Ac
7,000
10c
Jan
t
Girl
10'Ac
-
•
Ml.-,
•,
101
May
3.15
*
1
common-—
Oct
10'Ac
l-i———•
Mines
Aug
7c
14
.14.
20c
May
2.70 May
140
14
Si
Aug
3.40
tt
v
Jan
lj
30c
Jun
r|
iMr
Mar
-
i
j
16% Mar
Sep
i
ti
Jan
17%
75%
Oct
/' 31
1.06 Jan
125
.
'
-
___l
York Knitting
■—•
Oct
Feb
Apr
5% May.
-
79c
,
:1_—X'.X-l-—'--i-.1"
Stedman Bros
v;5%
1,9 %
—
:——
-——
—
Jan
3 6 Vz
13,000
1,000
15c
*
common
Wrlght-Hargreaves
Standard
23c
23% May
25
Aug
:.i
:
12c
1
—
Electric
Winnipeg
May
01c
Juiy
,.
.
<: 10c 11 %c
"
23,110
14c
Feb
I
<18% May
Apr
Mar
.1,961
Jan
Wingait Gold
Southam Co
50c
io
,
'
Slater
>
4.95
28%
46
21V*
104
May
July
-'i'.
—1
Mine#
4.20
21% May
20o
200
26
36%
pi
common—>, 27%
Winchester Larder
Feb
May
36c
7,600
900
17,054
26,100
1,500
33c '
36%
__
—100
WilLsey-Coghlan
Apr
68c
■
4.60'
28%
28%
—
.
common
Preferred
r«>gnftA' fiftld
4.55
24%
Consolidated
30c
30c
West Malartic, Mines —15c
24%
11% May
4.55
W28%
Wekusko
July
53c
Sep
Walker Hiram
Oct
15%
15
May
24%
I,307
12
26
—"
Class B
Preferred
:
\
12'/a
11%
-
——*
Simpson's Ltd Class A-—... ........ —■*
1
11,200
—
—*
—r
30c
2.06
12%
12
Jan
1.65
1.00 May
19,848
14'/2
14
'?>""?'%?.??;?:
class A~
900
'/—'■' 14%
1
—
1.03
15 %
;%—>
: ■'% + ??'"-,:
1.00
2.95
_)
—•
common—
trust ctfs
Silver Miller Mines-—.
-
i__
1
High
"
~
Steel Co
,
of
Canada
common
Steeloy Mining
Steep
-
Iron Mines—i—
Rock
Stuart Oil preferred
s
Sturgeon River Gold—L——,
Sudbury Contact
;
Sullivan Cons Mines
Surf Inlet Consol Gold—
Sylvanite Gold Mines
■v
Canadian
Tip
Top
Friday j
Jan
Last
2.85
31c
May
Jan
Mar
STOCKS—
■,
1.98 May
Asbestos
270
26
Feb
28%
130
52%
Jun
54
Aug
10
10
100
3.85
3.95
2,730
1.35
1.35
1.35
200
v
Sep
12%
Apr
3.20 May
4.25
Jun
1.40
class A
Canners
1.35
Sep
52c
II,100
35c
May
60c
Jan
30c
35c
86,950
30c
Oct
65c
Feb
100
10
Sep
10% Aug
Toronto
Elevators
*
Toronto
Gen
10'A
10'A
—
•
18 V2
18'A
50
23c
2lc
11,755
11
11
100
11
170
18
Mortgage
Traders
Finance
Jan
Sep
12
Feb
Transcontinental
City
.■Twin
Resources
Jan
180
180
70
500
9%
Oct
12%
Feb
3
106%
Sep
116%
Feb
37
25
10
620
Vinegars
*
12%
Industries
Vickers
70c
*
80c
33,700
Dalhousie
37
26% July
100
Lumber
Mining
United Corp
United
'
■
Fuel
Class
B
1
class B
preferred
1.10
Feb
Dryden
10
77A May
16
Feb
Foothills
8% May
10%
13c
18%
500
8c
21c
Jan
21
200
May
17% May
180
42%
14
1,760
5% May
8
8»A
1,000
7% May
2.28
2.35
9,566
Bridge
7.50
1,651
7.20
For footnotes see page
"
"
•
Rod
FOREIGN
RATES
EXCHANGE
■
..
-
10
10
125
16c
5,000
''.'A
■
Oil
&
500
2% Aug
3%
30
37'A Aug
5,111
14% May
19%
Feb
35c
2,020
32c
72c
Jun
31'A
Pend
Feb
9
Jan
10c
Ontario
\...
CERTIFIED
BY
SEPTEMBER
•
•
FEDERAL
26,
1947
RESERVE
TO
Aug
BANK
OCTOBER
Buying
Unit
Monetary
Rate
2,
40
30%
Sep
37
(Feb
97
20
92
Jan
100
Mar
19%
875
14% Mav
20
Aug
30%
30%
100
17%
Jan
30%
Oct
2.45
2.50
1,300
1.90
Jan
3.00
Jun
2.50
United
Sept. 27
$
Official
$
297733*
Free
24
193
20
Jun
30
Temiskaminer
Mar
59
6,128
41
May
59
Oct
22%
21%
22%
2,800
15% May
22%
Oct
27
27
10
5c
-
5c
1,000
1.85
l
1.85
1.75
64
63 »A
64
Mining
42c
9c
9c
Official
'
1.05
300
—-----—
TREASURY
UNDER
TARIFF
ACT
OF
(In
thousands
1930
Transfers in New York
v
Oct
1.45
.
Sept. 30
Sept. 29
$
t
.297733*
Oct. 1
Oct. 2
$
Sept. 24,
.251247*
.297733*
.297733*
.251247*
fund
for
F.
1946?
$
$
4
3.211300
3.211633
705,069
reserves
20,722,739
+
.022832
S.
3 136
37,007
1,894
7
4,053
4,053
+
purchased
14,049,526
Certificates
7,145,866
Notes
476,800
+ 138 547
+ 129 950
719,690
.054406
1.000000
1.000000
1.000000
.569800*
.569800*
.569800*
.020060
.020060
F.
.569800*
.020060
•
5,000
+
+
273,497
22,553,482
+
314,550
.208604
.208604
,.208604
4.029609
4.030468
4.030703
Uncollected
4.031093
.008407
.008407
.008407
.008407
.301729
.301729
.301729
.301729
.205801
.205768
.-•,..205761
.377572
.377583
.377596
i
[. i
>■',
\
-
.377559 ■;
——
••*■'
- -
.
•?
■>
,
.
; k
;/"
securities.
banks
of other
98
banks...
items
2,712,087
33,245
assets
assets
Deposits:
.301729
"
.295761
*
J
24,480,040
acct.
17,033,881
acct.
U. S. Treasurer—gen.
•Foreign
.377657
Total
4.
1.000000
,;8941C6
pound—
3.225000
:
1.000000
.895625
Closed
3.223666
I
,
.
'
,
/
1.000000
.894166
.894583
.1,053,155
--
.3.224166
3.224500
.201580
.201580
.201580
.040232
.040229
.040229
deposits
18,918,720
Total liabilities.
[ Spain, Peseta—.——.—
.091324
.091324
.091324=,/
.091324 '
.091324
,
-.201580
.278200
.278214
..278214
.278221
.233628
,.233628
.233628
.233628
4.007500
4.007500
Surplus
Other
.278228
.233628
i«
4.007500 O
Closed
4.007500 1 y
/
4.007500
i....''??'?; ■-i-'/v??::.
Noncontrolled
.658300*
:
\
.562040*
.658300*
.562040*
.658300*
.562040*
.658300*
.562040*
.658300*
.562040*
(Section
—1,162,6^6
—1,221,304
";16
+
+
1,277
+
312 819
19
+
531
1,127
+
10,611
294 809
+
—
+
1,706
9,772
—
+ 203
324
+ 253 492
80.567
—
6$t
2,353
+l
867.895
696.122
+
376,724
—
163 721
11.976
+
364,273
+
1,351,014
59 278
+
300,5(5
2.125
+
5,404
—
+
—
—
'
:
"
■
+ 293.098
193,521
439,823
27,455
47,835
79
,•
13b)
capital accounts..
T\\
-
A-
.""-Xv'v-"V
liabilities
Contingent
"
V».
•
Vy
.
r
+1.654.630
"
for
respondents
trial loans
combined—
on
1,632
make
81,463
27
38,71:6
294,809
+1,706,631
47.7%
.
;
—
„
'■
0.4%
4.7%
3,049
?;•«; 76
3,049
46,460,873
+
-
'
;
to
+-
bills
cor-
9 222
+
+
s
% .'
foreign
liability
purchased
Commitments
•Nominal rate.
-
15,670
—
45,752,239
j. Total liabilities ft'eap. accts.
Ratio of gold certificate reserves, to deposit and F. R.
/I note
Uruguay, peso—
Controlled
18,774
....
.
—
2,334,705
——
Capital Accounts—
Capital paid in__.
Surplus (Section 7)
.040226
Africa; pound-
,
,35,
3.GQ0
3.224833
r
.040269
-
1
3,300
196,
—
8.311
—
C,'-V
.897500
.201580
kroha———
320,153
511,531
availability items—
Other liab., incl. accrued divs.
1.000000
"
,
Portugal, escudo———I
Switzerland, franc—
37'.13i
J «J I
—
t.
1.000000
—
559,6ll
—
"...
-
•
Deferred
Norway, krone———
2,617
1
—
46.460,873
;
-
Member .bank—reserve
I
•••
,
Liabilities-
Other
Official——
•Union of South
50,557
—
Federal Reserve notes
;
Frefc—
i Sweden,
126,447
premises
Total
i
8Q4
,
.020060
.208604
.008407
and
foreign
notes
Other
:
loans
from
Bank
62.079
—
—
22,391,882
R.
25,004
—
securities:
Bonds
.054406
2.627,725
+
loans
Govt,
+
262,218
,
advances
Bills
.022832
.900390
Closed
703,4^
75,7^8
—
3
155,653
-
and
Acceptances
3.211966
.022822
.896875
v.
+ 2
R.
...
Industrial
.251247*
3.210800
.054406
j
Oct.
lo47
20,017,670
gold ctf.
Discounts
$
.205768
—
—
' 1
Jun
dollars)
$
certificates
notes
.896562
.208635
(Metropolitan) franc——
New Zealand,
j
of
Assets—
Gold
I Newfoundland, dollar—
;
Jan
1.05
Increase ( +) or
v
:i.
12c
6%c Mav
.
Decrease (—) Since)
.898046
4.030937
—
India (British), rupee.-
i
July
States Money
1.000000
.020060.
—
;i Mexico, peso
•
42c
Oct. 1,
1S47
.569800*
—
Denmark, krone
11 v i■1
Jan
67% July
We
.896328
England, pound sterling
K
3.40
Sep
Jan
Reserve Banks Combined
•
,
INCLUSIVE
.054406
1.000000
Free—
It
1.75
Total
I Netherlands; guilder,—
Apr
52% May
Total U. S. Govt, securities.
France
Feb
8c
23c
1,600
1.05
Federal Reserve Bank certifies daily
)
Czechoslovakia, koruna
36"
j
Statement of Condition of the 12 Feden
"1
I
Sep
1,200
1
Due
jl
*-
Sep
4 %c
2,217
_l
.022833
.054406
(Brazil, cruzeiro—
if-
27-
225
42c
*
Yukon Consol
.251247*
Closed
.022833
Colombia, peso—
.
r/;f
Feb
57
•
-
U.
3 .212116
—
j Belgian, franc
»
-
24
■>
Invest
May
.297733*
.251247*
Australia, pound—
Canada, dollar—
.
f
!
58 %
»
common:
Bros
22c
TO
1947,
for Cable
Value In
Argentina, peso—
■
Jan
18'A
Other cash
i
Mar
•
Paper
Oreille
13
"•
Sept. 26
I
50
96 »A
Total
]
Feb
38
19
Redemption
and
Sep
2%
•
Selections
Price
Jan
2.65
pp-f-jtj'
Noon
Country
154%
*
Paper common
Ogilviei' Flour
Sep
12
Sep
Steel
| to the Secretary of the Treasury the buying rate for cable transfers in the different countries of the world.
j give below a record for the week just passed:
■'
130% Mar
Jan
Feb
Pursuant to the requirements of Section 522 of the Tariff Act of 1930, the
{
Apr
25
15%
42.
.'/•■
. .
Feb
36%
Sep
30%
31'A
*
Foreign Exchange Rates
jI
25%
Mar
12%
19%
*
—
Oil
Southmount
15c
—
1
Jan
26
35c
*
Paper
Minnesota
14%
2.00 May
7.35
—
21
75
17%
19
•
International
10
Tf •"
2.30
a
Mines
49%
Apr"
7.50
Manufacturing
Viceroy
Vicour
120
Feb
May
1
Ventures, Ltd
35
23
Feb
58c
.•
Mines
Canada
"Upper
Sep
38
•
*
3,690
8%
•
preferred
July
20'A
237/e May
33
2%
*
9V4
48%
14%
u-
Ja:v
15
*
Paper
Donnacona Paper
9%
48
14
50
25
Steel
United
.
18%
0
A
class
—
16
20% Jan
148 149%
149%
2
Oil
Dominion
Sep
Hayes
Union
Sep
5% July
Oct
13c
18
9%
94
Feb
69
23
23
*
Westinghouse
9%
__
-*
31
33
•
common
common
Western
9%
•
—
common
Onion Gas Co
Sep
May
May
67% May
370
19%
21%
Consolidated
9%
__
93%
19'A
20'A
Dominion Textile common
——•
91%
19'A
20%
Canadian
30c
Aug
37
50
—
class A
93
?
High
»
Mar
21
Sep
16c
180
—
3
*
Preferred
9%
__
*
A
43
5
Canadian
106% 106%
100
Trusts
Toronto Iron Works class
Toronto
—
26
& Dom Sugar
Canadian
24c
h
10(1
Gold
Canadian
—
41
Gold
20
810
4,438
69
5%
Canada
49c
Tip Top Tailors
; Low
'
Preferred
Bulolo
31c
Tombill
63
,
Range Sinee January l
;;y:ZWvu
26
?
4%
__
5'A
/
High
26
1
Shares
Canada
50c
*
Low
■»
Paper com--'*
Sales
Tor Week
Range
of Prices
Jan
10
1
Mines
f
,
Par
—
....
Week's
j
Sale Price
Corp
British Columbia Pulp &
Brown Co common
Sep
53
3.85
;
Jan
2.75
*
Thonipson-Lundmark Gold Mines
Thurbols
10c
1.70 May
Canadian Funds
Mar
27'A
5
Oil
May
47/8c Sep
19c
Oct
27c
17c
1,000
Toronto Stock Exehangt-Cnrb Section
2.70 Sep
21
53
—
10
Mines
Jun
Jun
18
%
1
preferred
Gold
1.75
Jan
22 %c Mar
26%
27'A
*
Pearson
Texas
2.20
—50
Teck-Hughes
«
xsc
1
*, Preferred
Taylor
—
50c
—
_—
Tamblyn Ltd
1
2.41
r
V
.
f
Indus-N
—.......—.
7,394
6
1,130
42
THE
(1390)
COMMERCIAL
&
FINANCIAL
OVER-THE-COUNTER
CHRONICLE
Monday* October 6, 1947
MARKETS
Quotations for Friday, October 3
Investing Companies
Mututal
Funds—
Aeronautical
Affiliated
Amerex
Par
1
Securities
Fund.Inc——
Holding
Associated
Standard
8.32
„-l %
_10
Corp
shares,
Oil
4,00
Series
4.34
8%
'
8.14
16.90
v
——
514
6
Automobile
3V4
4
Paper
Bond Inv Tr of America——:—
Boston Fund
5
Inc
Broad Street Invest Co
20.03 "
21.65
17.61
Inc—
5.36
100.49
102.54
47.58
Bid
-
Ask
101%
,7 '■>
1st 4s
5.95
•
103
Stocks—
Fund Ltd
Inv
Canadian
1
„_
1
Fund,
Securities
Christiana
3.90
5.CO
*
1
Century Shares Trust
Chemical
28.17
30.29
13.13
Conv
—2019
4VaS_
income
•
79%
Comrpon
81
5%
3.93
;
—10o
Invest;
Delaware
Fund
Dividend
1
7.54
1
25.16
27.20
1
n.21
12.12
10
14.04
15.34
13.68
15.07
16.29
1.47
10.74
Bid
Ask
Aetna Casual & Surety———10
74%.*
77%
6.89
7.51
Aetna
435/246
4.95;;
Aetna
24.24
Agricultural
Balanced
'
Inc
shares
Corp
1
series
Boston
First
7.07
6.53
4.22
American Alliance
7.48
8.26
American
Corpi
?
Selected group series..
3.81
4.24
American Casualty
3.26
3.63
American
Equitable
5.20
5.77
American
Fidelity &
14.99
16.08
American
of
American
Re-Insurance
American
Reserve
_5
5.25
New
5.82
,
York
Stocks
1
Inc—•
14.93
Agriculture
10.22
A—2
5.72
6.60
Automobile
„6.67
7.31
45.24
7.94
8.70
1
5.38
5.77
9.90
.
7.21
7.82
6.36
6.90
General Investors Trust
13.62
Aviation
Bank
•
stock
10.07
Eankers
Boston
shares..
Automobile
Aviation
shares
12.09
10.96
j 2.01
Camden
12.38
City of
5.29
—————
Building shares——^—
Chemical shares
Electrical
6.52
bond
Industrial
Mining
7.45
8.08
7.67
8.32
Metals
Railroad
Public
Utility
7.91
1.11
Railroad
Petroleum
4.85
4.46
Putnam
1
shares
Fund
,1
4.35
■
4.73
Republic
5.54
Russell
4.57
5.71
Fund
Inc
Selected
Foundation Fund Inc
Inc—
new____
Amer
Sovereign
70C
65C
1
Invest
Berg Fund
15.10
Employers Reinsurance
11.93
10c
Common
Incorporated
Institutional
1.71
—5
Investors
1.66
22.33
24.14
Securities Ltd—
Aviation
Group shares
Group shares
Insurance
Group shares———
87c"
91c
1.01
Employees Gfoup
Indemnity
Preferred
Providence-Wasnington
68
71
48'/2
Republic
Firemen's
,_5
Newark
Fire
5
Reinsurance Corp__
Gibraltar Fire & Marine.
16.14
Glens
3.55
r
2nd
12.10
6.50
7.11
—
75c
Falls Fire
-
146
151
12
Reinsurance Corp
13,
.
19'/a
31 Va
33 %
'
2
5Vs
26%
28%
10
Fire
4%
10
( N Y)
(Texas)
(Paul)
17
19
■
■
■
.
Si, Paul Fire d? Marine
Seaboard
10
47'/a
50
10
14%
16%
24%
26%
41
43%
Security New Haven
i—
-10
Springlield Fire & Marine—20
—5
:
7%
;,
8%
com—_15
19
15
80
Standard
84
12%
Surety
Accident
66
.
,
1U
106l/a
10
69 V
v
317/a
29%
23"
American——:
Travelers
5
27%
29%
U
S
lo
24%
26%
U
10
96
' 100%
U
S
33
100
S Fire
TTartford Steamboiler Inspect-10
83c
4%
10
207/«
...
5\
Fire
3%
28%
Hanover
Hartford
79
3
Accident
26%
preferred
Great
51%
75
10
-
Globe & Republic
Globe & Rutgers Fire
28.39'
11-18
-10c
.
20
General
_1
;
of
Franklin
103
48%
51 %
Revere
8.98
99
10
Co
30%
.
88%
11.44
73
—10
49
__
:
7'A
70
25
Fire
Pacific
10
Phila
6 %
12.50
—
Pacific
31
10
of
25'
5
—
t
a
-
565
Fidelity & Guaranty Co—2
!
42
4
09
2.50
44r
'49
—10
Guarantee—
580
33
-J-
52
*
72.
19.93
Union
77c
-
59.75"
Investing Corp
l
|
9.58
17.52
19.12
15.17
16.31
7,38,
8.0ft
6.56
7.55
World Investment Ti;ust—*
35%
8.34
9.39
>
Westchester Fire—.
6.67'
1
Inc__—
..
22.25
1
Fund
36
86c
'
20.35
*
Wellington Fund
Whitehall
*
7.63
Preferred Stock Fund
14.89
\'i
48
j
28%
;
12
23'A
75
46
28
84%
6.10
29.14
V;'• V
72
10
46 >;
18.23
13.59-
r 13.91
_10
—5
10
51.30
C__„
13.61
-
Life
^10
2%
B———
Series
26.81
Group shares
Northern
Fireman's Fd of San Fran
26.40
•
Union Common Stock Fund B
10
Bond
16%
48%
^
<•,
10%
22.31
Invest Management Fund Inc—1
and
14% H
18%
' 46
2.50
Northeastern
Fire
21.63
Wall Street
Investment Co of America
22%
Fidelity & Deposit of Md
47:18
9.67
79C
;
21 %
30
$
River—£
5.99
*
_
Shares—.;
Series
8.82
■
10
33
28
10
Hampshire Fire
3.15
State Street Investment Corp
Trusteed" Industry Shares
25c
'
i.
Brunswick-.
New
New York Fire—
6.95
Union Bond Fund series A
7
New
Federal
3.26
;
Investors—
Standard Utilities-
;
5%
5%
30%
■
2
Phoenix
Scudder, Stevens & Clark
5.26
Corp_u-
8.56
15.01
Casualty
61 %
10.81
10.44
—
Fund.
4.20
;
General
Casualty:
20
5.10
stock shares—
Holding
—
Trading—
(Geo)
Amsterdam
7.44
—
&
48
4%
5
73%
Crum & Forster Inc
8.19
Tobacco
2.72
Connecticut
Continental
Assn
45
2
National Union Fire
4%
5
9.34
6.34
28'A
57%
—10
11.75
-s
6%
26'/*
lo
(National Liberty
5.38
;<
1
_
„
7.55
2.49
—
34
5%
10
(Detroit)
National Fire
18 %
56'A
31
•
Casualty
4
70%
York
10.03
10.89
equipment
Steel
5.69
6.96
shares—
16%
54%
10
Fire
New
13.78
Invest Fund
Railroad
8.34
5.24
-
shares
shares—.
Utility
Coast
6.55
shares
Tobacco
•
National
North
8.52
V
Pacific
7.29
'
Stock
28%
Y-
10
9.15
—
—
7.69
Equipment shares
Bank
26%
Mlrs Fire N
2%
10.72
—
Oils
\
9.97
9.50
—
Bond
7.94
"
7.32
shares
shares
11.30
Merchandising
shares
shares
Petroleum
Income
10
...
7.81
Machinery
shares
Investing
Merchandise
Steel
18'/4
&
—25
Shippers-.
9.86
stock
5.97
Institutional bond shares
Railroad
Insurance
11.22
Machinery: shares—
Price
Electrical
7.68
'
Industry.—
equipment
5.50
Administered
General
Diversified
10.35
Equipment—
shares
Fully
5.75
9.15
;
28
16%
13.25
Diversified Investment Fund
Diversified preferred stock
8.44*
—
.
&
33%
26
Merch
-
Paltimore American
11.39
31 %
Massachusetts Bonding—12%
Merchant Fire Assur
5
12V2
New
11.51
9.19
.
21%
16%
lo
10.39
—
52
20%
11%
25
10.85
Chemical
•
Agricultural shares
*1
13%
50
5
10%
1
Corporate bond series
Building supply
Group Securities—
11.20
1
12%
10
-
11
-
10.85
Inc..2
shares
1
common
preferred
2%
^
Automobile
Trust
Casualty
Prior, preferred
Convertible
15%
5
American Surety--
42.07
Investors
Fundamental
Food
5
Casualty_5
Newark-
Capital, Corp——*
Fundamental
Huron
Maryland
19%
Speculative series
New England Fund—
37 Va
t.".-
36 %
2.07
34%
34%
•r'/i
17%
33%
16.07
__
20
r.
4
25.84
series—
91%
Jersey Insurance of N Y
68
10
1.89
Stock
89
65
:
25%
23%
10t
41%
Automobile
Ask
Bid
5
——
Insur Co of North America
39 %
.J——2ft
15.03
31%
Par
Home
•.
■■•••7.19
3.73
priced bond series
priced stock Common
Preferred stock series
—10
24.00
Mutual Trust Fund
RR
Life———1
6.33
.,
*
Fund,
First
General
lo
.
1
Industrial
Par
•,
Insurance
Inc.
10
Stock Fund-
Fidelity Fund Inc.—
Low
Insurance Companies
4.47
Low
1
Fund—i
8.26
1
Income series—
Low
Financial
.
Industrial stock series—
vv
Eaton & HowardBalanced
Recent Security Issues
Keystone Custodian Funds—
Series B-l
25.90
Diversified
16.49
17.99
Series
9.84
9.01
_
,
Series K-l
29.23
23.74
.
Series B-4
Trustee
E
Bonds—
2.50
North
17.87
19.50
21.63
23.60
Series
25.84
28.19
*
2.32
\
America^ Airlines 3s__-_
Arkansas Pow
3.39
1
2.78
2.62
Trust Shares—
1955
&
Ask
87 Va
97%
—
Detroit Edison
Duquesne
—1966
Lt 27As
Cudahy Packing 2%s
Series 1956—
S-l
Amer
1
.
Independence Trust Shares
,
Bid
85 Va
„
98%
Birmingham Elec $4.20 pfd__IOO
Clopay Corp—
1
98%
Connecticut Light & Power—
1977
\
--—1967
97
2%s—1982
100'A
2%s_——1977
100%
Light
El
Paso. Electric
2%s
—1976
lOOVa
3s
^—1977
—
Electric
City Banks & Trust Cos.
Bank
of
the
Manhattan
Bank of New
Co_ -10
York
ion
Bankers Trust
10
26%
24%
337
352
40%
42%
'7 ■-r--■'^
Fulton
Grace
/7S 7'7'v..-7
Trust
100
101
106
96
99
Chase National Bank_
35
37
Lawyers Trust
_
Chemical Bank
Commercial
Trust
_
15
& Trusts
-10
41
-20
_
41%
-10
Bank
Federation
&
Morgan
17%
National
55%
57 %
New
75
Public
16 V.
19
Sterling
x37
39
Title Guarantee
National
100 1,350
Bank—
1,410
16%
;::•
15%
V
16%
1,575
t 52
United
54%
41
43
93%
Trust. 17%
&
40%
42%
70
74
National
25
_
&
New
Trust-
Trust
1%S
Land
Bank
Bonds—
Bid
Ask
Oct.
1,
1950-1948
1%S May
1%S Jan.
1,
1,
1952-1950
1953-1951
100.7
12
-100
•
10%
96 Va
:
'
1,
1955-1953
103.8
Home
103.12
Loan
100.7
99.20
99.24
Other
Panama
Pennsylvania Electric 2%s
1976
Philadelphia El Pwr 2%s_J_1975
98
99
& Coke 3'As—1976
Tenn
Gas
Toledo
Utah
&
Brook
-
98'/a
2%s__1966
101
Light 2%S—1976
99
54
88
91
101
"A"
6'; :;v
.1
.•
.1
"A"__
--4%
Stores
■
6%.
5
.
■:
6%
7%
,7
.
99Va
102
99
.
are
Ask
Bid
Bills
for discount at purchase;
'
,
;
.100.4
'
'
i
'
,
,
i
.
' -tM t
.k
n,
100.4
.
1961
53
102%
99%
98
2%S—
.
125%
.
Bid
Ask
b0.76
b0.76
0.70%
November
0.70%
December
1947
30,
1947
bO.77
bO.77
0.71%
December
0.71%
December
October
9,
October
126%
16,
1947
October 23.
October
Bid
1947
Treasurr bills—
.77 vv
99
_50
100
Container
Corp
Auto
United Slates Treasury
100.1
Issues
97
1977
Co
&
Power
.100
pfd
(Indiana)
99%
100
1
101%
97'/a
1977
2%s__1976
Transm
Edison
95
(Colo)—
mtge
Scranton-Spg
100
:
640
100.1
Canal 3s
Seaboard
White
Rate* quoted
Banks—
1%S Apr. 15, 1948
1%S Sept. 15, 1948
100.11
102%
-1976
(
Tucker
Co
53 V*
104
102%
102
99%
1st
52 Va
102
Electric—
preferred—
99%
Service
53'A
Service—
Public Service
99%'
2%s
9%
51%
•
3.70%
preferred
Pitney Bowes 4 %%
99'A
Pacific Pwr & Light 3%s—_ 1977
Public
!
100
preferred
Pennsylvania
101
101%
1965
Tel 33.1982
Tel &
England
11%
610
100.11
2%S Feb.
Federal
101%
98
100
Obligations Of Government Agencies
Federal
Public
98
253
25
Bank
States
52%
247
.12%
Trust-
Nat'l
100%
1976
102
—1977
Ohio Public Service 2%s
Portland Gas
20
-100
City Bank
York
V.
100
2%s—1976
Laclede Gas Light 3VaS
277
49
(J P) & Co Inc
71
10
Fiduciary Trust
First
43%
_10
Trust
10
—1977
Service
—*
preferred
3.90 %
*
210
H
100 1,525
_
_50
Empire Trust
180
rf
190
268
Manufacturers Trust Co
Corn Exchange Bank & Trust _20
X165
100
_
43
V'
National Bank &
Co
Continental Bank & Trust
_
2%s
Public
Ask
95
9
■■'••:;;■
Kentucky Utilities 3s
Ask
Ohio
101 %
Bid
93
England Gas & Elec—
3.50
100
_
Central Hanover Bank & Trust 20
Trust
Bid
-100
National
Guaranty Trust
Irving Trust
Kings County Trust
Brooklyn
Par
preferred—
4%%
-
100% -V 101%
&
Illinois Power Co 2%s
Iowa
Ask
Gas
100
Par
$2 preferred
New
HOO
Florida Power 3c Lt 3V4S_—1972
Iowa-Illinois
Bid
$1.90
100%
98
99%
,
Par
100%
—
^. Firestone Tire & Rub 2%s_-1972
New York
Stocks—
Shares—
—_—
.'
——_;
Series K-2——
Series
Unit Type Trusts—
27.95
_i-.
Series B-2
Series B-2
November
6,
bO.78
0.73%
13,
1947
b0.78
0.73%
January
November
20,
1947
b0.78
1947
28,
b0.80
0.75 %
0.75%
b0.8l
0.77%^
b0.82
0.78
b0.83
—'
1947
18.
0.74%
b0.80
1947
11,
Askr-
b0.79
4, 1947
December
November
0.79% '
0.73%
1947
25,
2,
1947—^——
1948
Quotations For U. S. Treasury Notes
Figures
Maturity—
tSept.
15,
iOct.
1,
after
decimal point
Int. Rate
1948
—lVa%
1948
1%
Bid
represent
Ask
100.4862
.5050
100.0189
.0385
one
or
more
Maturity—
of
Dollar Price IOQ Plus
Indebtedness—
Bid
1, 1948
tVsS Mar. 1, 1948
i'/as July 1,
t7/as July 1,
1,
1947
100.0074
.0167
*7/sS Jan.
1,
1948
100.0117
-.0213
—
100.0034
%s Oct.
1,
1,
point
1948
Bid
Odd lot
Included
100.0082
-
—
Series F
1948 Series G„_
1948 Series H—
1948
a
Ask
.0194
,0202
(not
100.0102
.0248
99.9950
.0145
99.9801
———
99.9807
.9953
99.9812
.9958
100.0196
.0393
(not included In year's range).
sale
year's range), e Ex-intercst.
bBid yield price,
f Flat price,
d Deferred delivery sales (not
.9948
100.0096
—
1948
t'/as June 1, 1948
.0106
t7/»s Dec.
1947—
a
Indebtedness—
V/Bs Feb.
t7/as July
1,
of
Dollar Price 100 Plus
Certificates of
Ask
4%s Nov.
32ds
Maturity—
Was Apr. 1,
Certificates
t'
Securities—
Investors
Bond
25.91
25c
Invest Fund
Nation-Wide
1.61
—
!'
,U
14.69
9.93
Mutual
6.32
1
Shares
5.81
61
4.77
10c
;
National Security Series—
152
27%
56'/a
100
5.05
4.33
,
Common
National
3,100
147
26
•
preferred
4.33
4.58
•
shares
Mass Investors Trust
14.85
com—100 3,000
Preferred
Commonwealth
19.28
Ask
Manhattan Bond Fund Inc—
18.39
17.59
Bid
Chicago Rock Island & Pacific—
1994
—
Mass Investors 2d Fund—
Bullock Fund Ltd
issued)
48.55
shares
shares
Petroleum
101.4 7
97.41
if
Funds—
1
——
and
as
Chicago Rock Island & Pacific—i
4.92
v
10
Loomis Sayles Mutual Fund—
Loomis Sayles Second Fund
Bonds—
•,
12.98
4.50
1
Corp—„—
Co
Blair &
15-33
11.90
Series S-4
...
Managed
Beneficial
(When,
Ask
14.05
«
Knickerbocker Fund
.?
7.53
15.55
S-2
Series S-3—
31%
8
>
Bid
Keystone Custodian Funds (Cont)—
4.38
,
3.96
Axe-Houghton Fund Inc.,;
Axe-Houghton Fund B—,
Par
5.84
,
29%
„1
American Business Shares
Reorganization Rails
Ask
Bid
w
In
included
in
i When issued,
•No
dividend.
par
v£
year's
x
value,
■'■•
Ex-dividend,
tin
t Ex-stock
range),
dividend.
(Un) Unlisted
issue.
r Cash
wdWheg
sales
delivered.^,
Ex-rights.
y
default.
,
k Removed to Stock Exchange,
tThese bonds
''
v
are
subject
to
-r*■■ ■,.r
all Federal
taxes.
••
'
?Ex-liquidating
■
■"
%toW»lt;nrtWEWl^Meiefte<^^
Volume
166
Number 4635
THE
COMMERCIAL
& FINANCIAL
CHRONICLE
(1391)
THE COURSE OF BANK CLEARINGS
184T
1946
•"
Bank
clearings this week
Preliminary figures compiled by
show
an
based
us>
increase
compared
with
a
year
ago.
telegraphic advices from the chief
upon
country, indicate that for the week ended Saturday, Oct.,
4,
for all cities of the United States
from which it is possible to obtain
weekly
will be 2.0% above those for the
corresponding week last
$14,761,092,071 against $14,476,157,210 for
this center there is
the
^t-'V'■
Week Ended Oct. 4
1947
New York-
$7,742,426,221
$7,125,466,031
750,626,618
519.315.97D
+ 44.5
1875,000,000
668,000,000
+ 31.0
Chicago
Philadelphia
,
Boston—
Kansas
St. Louis
230,043,184
228,700,000
+
277,478,323
202,600,300
296,157,954
216,675,004
Ten cities, five
155,832,726
Other cities, five days—
4,572,932
+ 14.1
2,170,098,165
766,019,849
Total
2,205,081,440
—65.3
5,593,765
22,500,500
3,743,383
issue of next week.
ends
week covered
We cannot furnish them
West
Saturday and the Saturday figures
(7
we
In the elaborate detailed
able
are
to
cases
statement, however, which
For that week there
was
week
of
Total
that in
the
New
York
District
District the totals
its. credit
totals show
the San
an
28.7%.
In
the
Kansas
City
the
the totals
Reserve
+ 24.2
253,577,995
287,792,817
682,202,112
+ 18.3
602,578,342
638,564,444
1,967,597
8,620,000
130,328,541
3,254,522
181,263,348
+ 19.9
59,494,228
60,330,873
418,347,482
385,764,881
9,364,000
3,090,338
Reserve
District
of
following
furnish
we
a
15.2%.
^
Week Ended Sept. 27
Reserve
1947
1st Boston
2d
New
8d
York
J.
—
7th
Oth
10th
i
..—
4
.
Minneapolis
7
•
—
City
11th Dallas
10
-
;;v
6
-
San Francisco
12th
17
.
Louis
Kansas
10
—
Chicago
St.
i'. 6
•
10
.
;
525,558,550
Inc.
'
;
541,826,870
0,992,358,348
or
+.
•;
s
"
,
903,380,828
.
811,323,615
Federal
Reserve
1944
.;■■■;
+ 11.3 V
806,766,326
600,014,197
+
530,676,021"
+ 10.9
fiQt.680,566
792,546,291
+ 13.8
448,518,702
405,863,120
+ 10.5
321,456,951
+28.7
8.4
f«
:
413,792,637
■>■;;•:
388,602,456
i
\»' '.i>Vwi
383,261,632-
647,451,863
i We
add
now
-
our
200,651,452
274,279,264
163,611,478
140,088,184
;
.
v+24.8'
\ 689,256,433
+ 15.2
12,620,013,789
5,949,038,658
540,969,718
7.3
St.
520,068,879
11,098,534,739
+ 13.8
4,777,197,600
+
"
Inc.
-
Portland
-
';:;■
—-
River—
y
—
Worcester
Haven
—,
+
:
w;
5,953,566
-■"'■.'
4,477,255
.
+
"*V
(4
*;<-pt
950,075
;
,
f
V
+ 15.1
„•
fyU t-
Jamestown
1,359,541
-
Federal
Reserve
5,701,993
18,706,500
York—
?■■
643,183 -
*.
:
-j';
t-
6,770,364,718
Rochester
'
378,698,615
58,796,209
58,700,000
+ 11.3
966,624
;
+ 16.0
1.5
15,236,608
+
4.7
112,035,428
; 8,619,392
+ 23.5
5,644,997
Northern New
Jersey.
501,755
cities)—.
:
i
6,321,337,133
9,506,918
32,379,926
906.931
5,950,026,067
1,663,260
619,898,338
4.4
174,700,000'
171,500,000
240,400,000
+ 22.0
46,198,505
+ 16.7
69,401,504
+ 43.2
1,037,338
+ 10.5
291,337,347
f
405,863,120
338,072
43,525,773
+
8.4;
+
1.8
+ 10.2
~+ 27.7
+ 31.0
822,849
295,934,003
.
4,701,013
173,603,264
4,722,983
142,991.545
•40,532,382
+ 24.0
41,981,147
3,073,458
3,420,701
2,648,801
+ 48.0
1,989,652
2,673,087
1,492,786
+ 66.1
2,286,594
8,127,222
1,912,039
—30.0
5,168,312
4,477,494
321,456,951
+28.7
237,761,918
200,651,452
53.9
.V 175,040
+ 37.1
;■•' 343,571
418,334
Total
271,768
+
552,237
351,606
5,280,306
+
3.0
252,117
V
242,106
3,381,396
3,706,500
'
89,251,066
+ 31,2
7,576,379
5,674,550
+ 33.5
9,517,890
v'
_
-
City
7,910,618
251,185,592
5,919,435
1,599,734
1,328,909
368,774,184
+27.9
293,949,263
274,279,264
9.2
2,345,101
114,724,000
13,019,523
317,478,578
10,178,949
/
(10 Cities)
1,709,6931,552,349
471,499,079
Federal
Reserve
+
20.3
77,448,492
62,925,922
3,551,911
2,286,246
•
5,847,897
6,000,747
.
+ 26.4
194.466,162
+ 72.0
191,000,000
6,420,438
9,748,952
6.9
1,045,529
+ 16.8
943,723
+
'
927,458
'
914,320
District—Dallas— V
6,021,259
(6 cities)
14,920,621
3,934,000
+ 19.2
3,068.000
2,150,051
+ 36.7
1,420,556
7,337,726
+ 14.9
5,415,663
0.724,576
220,327,734
+24.8
163,611,478
140,088,184
119,739,609
4,338,288
;•
2,563,638
136,223,000
2,938,708
8,430,243
-
+ 23.6
+ 40.0
97,444,337
3,975,584
+ 22.9'
94,851,922
91,700,244
9.6
164,325,620
57,190,035
-
183,808,000
17,582,307
4,689,000
Falls
5,515,590
227,262,000
25,674,934
^
Louisiana—Shreveport
3,697,282
102,791,710
+ 59.9
42,948,462
7,727,862
6,462,447
406,024,720
+ 33.2
79,002,090
28,632,410
6,427,760
275,016,146'
.
•
29,806,395
+
.
3,041,000
1,233,984
Twelfth Federal Reserve
District—San Franeltce—
Washington—Seattle
>
Yakima
1
Oregon—Portland
Utah—Salt
Lake
City_
California—^Long Beach
Pasadena
6,221,952
30,058,077
39,634,624
6,115,701,677
'
^
Total
(10 Cities)
Grand Tbtal
Outside
New
409,804,014
11,693,099
10,941,985
+
+
9.9
3,351,413
74,531,780
24,610,928
6,710,562
3.7
4,648,154
3,540,279
+
0.9
314,900,809
301,518 0C0
+
6.9
—
7,414,875
7,470,456
—
3,136,987
+ 13.1
2,020,313
1,572,512
7,802,339
+ 11.3
5,375,103
5,062,705
794,056,879
(112 cities)
York
3,547,071
8,882,358
Stockton
44,253,580
6,485,132,604
'
Jose
Santa Barbara——^
-
•
8,494,833
—
Francisco
San
6,908,144
6,869,995,577
5,993,793
229,099,942
67,600,601
5,313,505
■
■
5,439,265
117,075,605
San
407,623
; 47,179,060
60,754,276
62,856.878
•■"
413,792,637
,
5,258,142
7,740,326
6.992,358,348
1,219,057;
5,692,401
—....
Dallas
\ 10,552,566
+ 11.0
+ 11.6
+
,79,771,046
'84,473,017
3,920,811
•
Lincoln-
Galveston
:
+ 18.1
:
1,704,102
5,516,592
5,884,851
v.
1,203,971
+
556,867
36,120,844
;;;
6,670,975,131
.I 11,226,865
Newark
1,534.904
6,713,767
2,273(397
-4,440,838
i;
Fort Worth,
987,293
"
10,642,400
+ 20.1
+ 40.0
647,451,863
6,618,665
-
Texas—Austin
1,827,954
+ 14.9
1,222,096
15,953,942
Syracuse1
Connecticut—Stamford
New
Jersey—Montclair.
501,506
497,996,250-
+ 17.6
6,606,938
Hastings
Wichita
444,731,829
71,254,458
1,408,992
6,387,537
625,799
516,044,479
+ 13.8
300,199,371
-
Eleventh
651,090
1,712,355
P
-
12.0';,
792,546,291
:86,313,553
Pueblo
I
15,829,400
5,846,919
■
+ 39.3
+
8,775,600
•
District—Minneapolis-
—
Colorado—Colorado Springs
14,365,712
1.0
+
762,18+
1,910 01O
17,0o3 812
18,058,210
~
1,910,999
1,779,221
3,987,675
7.9
—
2,417,607
;
•
1,633,839
(12
12,946,921
'
2,338,204
0.1 "
+ 38.4
+ 14.7
■v.
448,516,702
—
Dakota—Fargo
:
Dakota—Aberdeen—.
Total
2,607,784
+ 22.3
—
3,026,093
5(959,033-
;
+ 52.6.-
3.0
V
3(661,846
16,089,146
;
——
Elmira
.
1,745,000
,
St. Joseph
417,113
1,146,322
4,853,362
■•/
'P 7.5;
r 604,516
1,344,179-
0.5,'
.8,480,910-
81,895,232
8,043,370
32,933,038
3,447,410
2,383,830
"
/
Buffalo
35,955,058
98,546,101
.
cities)
Missouri—Kansas
Federal Reserve
District—New York-
Blhghamton
3,769,332
11,371,154
+ 12.8
97,325,601
Wichita
4,072,352
327,350,814
0.8
20,968,500
12,816,256
+ 38.8
625,062,369
2,189,153
6,950,017
250,900,000
.
Kansas—Topeka
1,139,976
1,348,106
+10.3-
541,826,870
3,099,732
27,179,000
2,737,592
2,804,366
Nebraska—Fremont
•
386,510,617
7.8
;.V; 1,075,161
;
> 2,619,960
27,318,000
8.8
tV
'ifriO- *
1,133,2801;;
4.7,;;
1,041,136
525,558,550
+ 24.9
—
901,680,566
Total (7 cities)
,;
3,617,061
+15.0
^
22,047,859
i/f
47.31;'
'
4,014,847
9,251,065
3,955,714
Helena
1944
•
6.8
24,128,700
:
j York—Albany.
Total
—
641,343
7,848,942
.
—
—
l,79l,096:
•
24,314,143::-
—
4,629,103
1,742,530
6,845,691
—
Total (12 cities)^—
New
1,607,091'
4,457^006
——
Rhode
Island—Providence '
New1', 'Hampshire—Manchester
New
V ■
9.8
—
468,124,278
-
1,803,374
Connecticut—Hartford
•eieeed
!',:■<
4,316,459
944,983
Bedford.
Springfield
New
.1,895,269
445,938,569
Lowell
New
V 1,710,450
5,808,808
+ 28.5
'
9,730,569
Omaha
v
490,100
5,389,774
3,512,711
Tenth Federal Reserve
District—-Kansas City194»
,
Dec. %
Massachusetts—Boston
Pail
or
n—
-
'
12,808,574V
1.0017738*
Montana—Billings
4,579,595,277
v
1940
519,994
+ 21.0
+ 83.7
45.605,288
2,682,159
25,278,167
•2,628,606
Paul
South
10,529,621,344
*
1947
+ 42.0
8,274,286
700,291,635
-
t
Cto»tlngs at—
4,567.251
4,475,730
4,169,350
34,732,000
5,323,612
11.197,643
1
25,244,198
Minneapolis
detailed statement showing the
figures for each city for the
/
\
'
Sept. 27 for four years:
First Federal I
762,027 '
'
3,279,842'
___
A 'V;
Ninth
Week Ended
Septv 27
ltaine—Bangor
.383,261,632
_*.
Minnesota—Duluth
North
13,539.742,152
6,769,377,434
,
388,602,456
4,362,849
'295,934,003
237,761,918
293,949,263
220,327,734
794,056,879
112 cities
week ended
+ 10.9
4,852,986
(17 cities)-
Total
619,898,338
V,
y 291,337,347
II
Outside New York. Clty.
•
530,676,021
15,547,277
51,421,616
-
Total
353,287
43,374,000
Missouri—St. Louis,
Kentucky—Louisville
292,089,523
368,774,184 a.+ 27.9
275,016,146
53,729,959
90,149,563
'
V; 471,499,079'
.
56,250,463
267,939
5,358,626
Tennessee—Memphis
Illinois—Quincy
'
ii
it
638,564,444
306,393,724
•i
.
+ 18.0
41,077,607
Eighth Federal Reserve District—St. Lonls—
670,385,333
602,578,342
682,202,112 ;v +18.3
385.764,881
588,768,609
It
1,735,765
46,553,531
378,698,615
6,115,701,677
2,363,563
1,767,208
2.6
+
87,735,857
8,223,787
t
1 444,731,829
2,382,268
+ 35.0
6.1
1,082,047
10,014,965
w—_
Total
34,775,001
144,900,000
+ 14.9
Moines
Chicago
i-
+
Sioux City
1
9,609,636
38,058,940 -f.'
139,800,000
7.0
—
383 ,681
—
■
11,423,401
8.2
+
110,066 ,040
Arbor-w_
Rapids
+ '6.8
+ 15.9
000
District—Ohicaro
Decatur
'
yrv
292,089,523
126,494,252
Bend__—
Haute
Iowa—Cedar
Des
6,485,132,604
418,347,482
H
,306,393,724
6.2
588,768,609
Illinois—Bloomington
3.0v
<«
M-
8.4
+
Wisconsin—Milwaukee
the
1.8
—
6,369,995,577
;
150,895,668
38,517,082
5,546 ,010
-
South
Terre
and ina
1949
ki;p.
1,944,737
44,767,709
407,049
'V
Springfield
H
11
-7
..
6th. Atlanta
8th
12
-
Cleveland
t
12 cities
-
6th' Richmond
.
Dec. %
_
Philadelphia
4th
1940
Districts
1,970,640
141,953,073
1.4
+
2,291 ,558
5,890,556
Total (10 cities)
Peoria
\
5,737.000
93,783,588
5.0
+ 11.7
68,460 ,485
". 72,270 ,985*
85,303,520
Grand Rapids
Lansing
',
;
6,253,000
110,194,093
—
4,231 ,537
3,093,431
Rockford
»
1,211,448
8.6
8.6
—
14,613 ,822
197,400
70,214,780
,
v'
Indiana—Fort Wayne
'■■Indianapolis
^
OF BANK CLEARINGS:
1,255,209
+
+
55,411 ,903
213,600,000
-
;
Orleans
Michigan—Ann
'
-
SUMMARY
Federal
15,607,761
64,223,893
+•
3,933,367
Seventh
•
•
l'1--'-
Mississippi—Vicksburg
by Federal Reserve Districts:
summary
2,554,955
4,209,433
Reserve District—Atlanta—
_
Louisiana—New
cities
District
j
In the
: a
Federal
Mobile
record
expansion of 27.9%,M the Dallas Reserve District of 24.8%
Francisco
4.7
238,900,682
Macon
larger by 18.3%, in the Richmond Reserve District r
Minneapolis Reserve District of
223,307,938
15,507,100
i
Alabama—Birmingham
of 10.9%. The
Chicago Reserve District
gain of 13.8%, the St; Louis Reserve District of 10.5% and the)S
a
4,209,273
100,982,928
206,309,270
+ 14.7
18,501,600
2,941,392
3,990,440
2,358,637
Augusta
of 8.4% and in the Atlanta Reserve
District
has to
3,874,505
113,383,140
+ 17.0
6.0
-
are
9.9
—
4.7
141,535,695
cities)
Nashville
an improvement of 1.8% and in the
Philadelphia Reserve District of 11.3% but in
the Boston Reserve District the totals register a decline of
3.0%. In the Cleveland
Reserve
4,837",400
670,385,333
+
located and from this
are
3,078,153
690,014,197'
+
—
Georgia—Atlanta
previous—the week
(including this city)
1,725,113
6,006,804
Reserve District—RlchmMid-
Tennessee—Knoxville
has to be estimated.
group
appears
1,122,804
1,620,988
4.2
273,569
2,534,160
+
Columbia—Washington-
(6
Sixth
7.3%,, the aggregate of clear*
according to the Federal Reserve Districts in which they
—23.4
2
the week
as
ings for the whole country having amounted to
$13,539,742,152 against $12,620,013,789
in the same week in 1946. Outside of this
city there was a gain of 9.4%, the bank
clearings at this center having recorded a gain of 1.5%. We
it
2,176,452
3,532,522
5,716,424
806,766,326
Florida—Jacksonville
increase of
an
6.4
21,486,200
Virginia—Huntington
District
2.0
present further below,
we
give final and complete results for the
ended Sept. 27.
much
+
202,504,584
cities)
Soutn Carolina—Charleston
not available at time of going to press.
are
Accordingly, in the above the last day of the week in all
vi
as
2,655,624
296,648,145
Richmond
by the foregoing will appear *
today, in
654,000,000
2.139,699
1.3
5,984,508
Maryland—Baltimore
Complete and exact details for the
our
668,000,000
4.7
+
6,205,447
144,948,806
'
in
2,214,46?
—
261,412,031
_
+
+ 11.9
—
1
+ 14.0
$14,476,157,210
496,129
3.1
700,889
District—Cleveland-
Pennsylvania—Pittsburgh
+ 13.9
$12,271,075,770
$14,761,092,071
+11.3
166,309,925
Virginia—Norfolk
Total all cities for week—
—16.8
305,936,100
Fifth Federal
2,472,354,350
All cities, one day
5,499 ,560
811,323,615
Youngstown
8.5
$13,995,072,222
Total ail cities, five days.
—
Mansfield
+ 33.2
$11,522,717,872 $10,100,977,605
days
7,939 ,137
903,380,828
cities).
Columbus
+ 36.7
207,602,762
:■/
4,315 ,804
7,609,201
+ 37.0
Cleveland
2,129 ,095
Jersey—Trenton—
Cleveland
+ 18.8
316,657.000
Pittsburgh
2,431 ,193
4,066 ,708
3,307,984
Fourth Federal Reserve
+ 14.6
343,418,000
Baltimore
2.544,751
2,266,276
Ohio—Canton
+13.0 "
271,800,000
San Francisco.
-
437,687,390
263,700,280
780,000,,000
4,013,785
Cincinnati
494,507,714
City
8.7
+
873,000,000
480.802
567,653
655,350
2,525,468
'
%
t
588,006
+ 52.5
„
(11
1944
$
+ 112.2
786, 625
2,585,,837
Delaware—Wilmington
Total
1945
+ 13.0
592 ,900
1,199,720
'
York
New
976 ,756
i 2,504.507
—_
—
Wilkes-Barre
'1
1946
..
1,103,285
Scranton
.
or
Deo. ft
District—Philadelphia—
Philadelphia
Reading
a
Clearings—Returns by Telegraphs
Reserve
Inc.
#
1,258,387
Chester
Lancaster
clearings
gain for the week ended Friday of 8.7%. Our
comparative sum¬
mary for the week follows:
• "
'-if,
»
Bethlehem
clearings
in 1946. At
week
same
*
J
Pennsylvania—Altoona
Our preliminary
year.
",
-:
Third Federal
cities of -the
total stands at
!
'''V
will
43
Week Ended Sept. 27
——
689,258,433
12,539.742,152
0,769,377,434
12,620,013,789
5,949,038,658
+15.2
546,969,718
520,068,879
7.3
11,098,534,739
10,529,621,344
+ 13.8
4,777,197,606
+
4,579,595,27t.
«!+■■
44
THE
(1392)
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, October 6, 1947
''
Condition Statement of Member Banks
Name of
Argus,
The condition statement of
weekly reporting member
System in leading cities
shows the following principal changes for the week end¬
ed Sept. 24: An increase of $186,000,000 in loans, and de¬
creases
of
$383,000,000 in holdings of -Treasury bills,
$195,000,000 in demand deposits adjusted, and $400,000,©00 in demand deposits credited to domestic banks.
banks of the
Federal
Arkansas
6Vr
Below will be found a list of
corporate bonds, notes,
preferred and common stocks called for redemption,
including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
industrial, and agricultural loans in¬
which the details were given in the "Chronicle."
creased in nearly all districts, the principal increase be-;.
'•
44-44y
.4
ing $33,000,000 in New York City; the increase at all
NOTICES OF TENDER
;
reporting member banks was $77,000,000.
Loans to
Company and Issue—
>
*:
'
Data
brokers and dealers for purchasing or carrying United
Asuncion Port Concession Corp., 8%
gold debentures._Oct 30
States
Government
securities
increased
Caribbean Sugar Co., preferred stock
$23,000,000.
Oct
6
Commercial,
,
1st
4
.
^77777
:4444C '■
deb.
stock,
stock
•*.20-year 3%
25-year 3%
Sept. 17,
1947
and
Investments- -total.
Loans—total
Loans
and
Corp.,
brokers
to
chasing
U.
44 1st
refunding
Portland
&
and
dealers
Other
Other
Loans to
Other
Falls
Treasury
of
indebtedness
notes
;
+
12,236.^
Balances with domestic banks
Liabilities—
4-
4
+
adjusted
4-4'
112
194
-
•
Domestic banks
195
4-
10
4-
56
179
1,424
11
56
257
Foreign banks
:: 68
47
Borrowings
deposit accounts except
U. S.
Govt,
accounts,
and
Interbank
during week
•
-
«
Gas
&
1st
&
Royalty
ref.
Co.,
Gas
1
4; *
9
Inc.,
Any time
1951—i-Dec
mortgage 5s, due 1948
&
1
•-
Sep
\;i
-
Ice
1
Oct
15
of
Detroit
York, County of New York, ss.: Before me, a notary
in and for the State and County aforesaid, personally appeared
D; Seibert, who having been duly sworn according to: Jaw,
deposes and says that he is the editor of the "Commercial & Financial
Chronicle"
embodied
of
side
reverse
July 2,
Section
in
this
That the
(1)
editor
That
(2)
address
and
the
addresses
§£
of
of
addresses
the
firm, company,
well
as
*
stock.
If
not
owned
by
individual
a
must
unincorporated
each
of
That
the'
known
corporation, the
be
given.
concern,
member
bondholders,
Jaolders
owning or holding 1% or
mortgages or other securities are:
the
laolder
other
its
must
If
name
be
names
owned
and
and
by a
Manchester
14
mortgagees
of
more
(If there
the
are
to
given):
first
.
and
total
none,
other
amount
York
20,
County
1949.)
;
Whitcomb
D,
Seibert,
^
.2
y
Exeter
4
so
state.)
believe that any other
\
Editor
k
and
.
67o
6%
5%
11-15
10-20 4
11-15
10-20
(s-a)__-
$4
_________
pfd.
-
44.
Publi'shef.; Sworn
under the company name in
and Investment News
.4
second
a
9-20
11-29
11-14
75c
11-29
11-14
70c
11- 1
$1,12Mi
10-15
4
;
30c
10-25
•
K 4
50c
10-25
(quar.)
l2Vic
(quar.)
10-
10-10
10-20
10-20
10-10*
$6
The
•;-.44,4::4
dividends
announced
Abraham
1
&
this
week
$1.10
All
convertible
Penn
Aloe
Oil &
(A.
S.)
44
Gas
Co.
American
Can
American
Coal
(quar.)_
2VzC
American
American
.
5%
Vistose
Anglo-Canadian
4V2%
Corp.,
(quar.)
common
__
Telephone
preferred (quar.)
(quar.)
12-31
12-15
4 30c
11-15
10-25
4 30c
11-1
$1.12,/2
11- 1
10-15
$1.14
11- 1
10-20
4 25c
10-20
4. 9-30
(s-a)
,
class
A
(initial)__
'
25c
10-20
10-20
9-30
25c
10-31
10-17
$2.50
10-15
10- 3
(quar.)
Electric
44.
(quar.)
'25c
11-28
•
50c
10-16
(irreg.)
Marshall Field
&
Co.)
2c
Corp.—
10-15
"
'
;'4- 69c
Light...
11- 1
10-15
10-
6
10-1
10-
1
9-22
4
4
15c
10-15
10-1
>
25c
10-15
10-
$1.75
r
9-30
9-25
11- 1
10-17
4 9-30
9-25
56 Vic
i-
$2
.
2
M.)
extra
10-17
15c
-11-
$1
,
.4
1
l__
10-
.4: 15c
-
9-20
1
10- 1
9-20
'
two
each
two
10-22
10-10
25c
10-15
50c
(initial)
125c
___■;'.
Corp.
Class
Class
4Vz %
Co.
of
shares
(stock
common
of
150c :v
dividend)
($5
common
par)
held
10-
«44
for
6:
9-20
12-
1!
11- 3
10-15.
-
11-15
10-15
10-15
..-••••
9-30
\-;4
•
4;.
10-30
4.-.'''-'"
■.4'4
A
l-
10-lp
11- 1
10-15
10-27
10-
K
2.-:T;--,
25c
10-30
10-16
25c
10-30
10-16
$1.12,/2
11-1
B
.
preferred
(quar.)
_
25c
10-15
$1.25
11-
1
10-15
Holly Sugar Corp. (quar.)
Holyoke Water Power Go. (quar.)
t56Vic
11-
1
10-10
Horn
Co..
(N.
Y.)
10-16
10-1.
'9-24
$1.25
12Vac
$1.25
10-15
10-
11- 1
10-15;
25c
11- 1
10-15:
'4
20c
10- 4
,
50c
11-
__________
Hardart
11-15
(three
Hatfield-Campbell Creek Coal, common
Non-conv. partic. preferred (quar.)___—
Higbed Company,- common (quar.)
5% preferred (quar.)
&
"
5
—
Corp. (quar.) _________—4?4: 35c
& Marx_-___-____—_____«44
60c
of America—
1
11-24
;
f15c
split) ____;
Plywood
Schaffner
Hart
4. Hat
Lamp
'
11-
%
Ltd.
1
<
11-14
4
1
Co.—
4
$1.50
(quar.)_
Co
7
10-20
;
25c
4
11-
4
4 10-
11- 1
-
50c
_.
10-17
'
15c
'
-
(accum.)
share
6
10-
11- 1
4.; 35c 4 10-20
.
(quar.)
£
(C.
3
10-15
10c
common
Corp.—
Extra
for
'
10-
30c
Corp.,
(quar.)
(P. H.) Co., 57c pfd. (quar.)____
Manufacturing Co. (irreg.)
4
Union
Harbor
10-23*
10-20
-
12-15
10-15
11-15
9-30
•
$1.75
Co. of Texas—:'7'•
Lakes Paper Co.,
,
9-30
Shares__
Co., com. (increased quar.)
(quar.)_._
:
Castings
6
,
10-16
(quar.)
Steel
-
<
75c 4 10-15
Machine
Oil
11-14
11-14
.10-
$1.50 411- 1
(quar.)
Carbide
•
r
(quar.)__
9-30
11-28
50c
44
___
prior pfd.
10-15
20c
,,
-___y
10-
10-10
25c
(quar.) J
Co., common——
(quar.)
___ZI
Co., 4 V2 % pfd. (quar.) —
Steamship Co.___i—
preferred
%02VzC
4
(quar.)
preferred
Denver
9-25
(
1
,
$2.50
Hall
10-17
1
'
preferred
American Screw
:
1
11-
$1
;
—
11-
10-15
75c
Georgia"quarX
and \
10-15
20c
————.Li
—
9-30
..J Guardian Realty Co. of Canada—
*J7o
preferred
(accum.)
; 10-10
10-25
271/aC '
•
(quar.)
10-15
11- 1
$1.25
An
(quar.)
Co.
10-15
$1.12
American Discount Co. of
American Fidelity Co. (Vermont)
American Maize-Products
4..7%■
Holders
Payable of Rec.
i.
(quar.)
Co.
When
Share
2c
preferred
9-30
11-1
America
American
10^-15
t$2.45
-
convertible preferred
Grand
are:
"
.
•
(quar.)
&
10-15
10-24
Gorham
(quar.)
Inc._;
Alloys, Inc.—
3 VzC
4 10V1§.
'4 $20c
-4'$15c
4
—
10-8
12-24
Glatfelter
Strauss,
Acme Aluminum
4
Gladding McBean & Co.„„;
>.-4.
Per'
Company
Petroleum
12-24
3
10-10*
.
10-15
;
Giddings & Lewis Machine Tool Co.
Great
Name of
of
preferred
:
Aberdeen
:
4
Gear
9-15
;
10-25
20e
20c
(quar.)
preferred
67c
1
10-31
,)
$2:
4 tfLVz'fo
—
Co
(see
9-30
10-10
10-10
25c
(quar.)
Insurance
preferred
General
10-
10-17
12V2C
4
(final)
.
Mills
*
9-30
(
(N. Y.)—
Worsted, Ltd.
common
Fund
Bros.
".
4
10- 1
(Irreg.
Products, 6%
Common
?
"General Corporation
our
Inc.
Sterling Steel &
47o
,
10-15
4,4
(Marshall)
General
10- 5
12- 1
62Vic
—
Gardner
9-25
9-25
11-15
10- 5
,4 4- 15c
(quar.)__—
Fitchburg Gas & Electric
...
table in1
10-15
25c
(quar.)
Group Associates
Convertible
Department" in the week when
declared.
person,
,
follow with
10-10
.10- 3 4
.,10-, 34
(quar.)
—
Hampton
Flour
;
10-21
1
10-15
(quar.)_
pfd.
preferred
Light (quar.)
Mfg.
Brewing Corp.
Foote
payments in many cases are given
None.
to
we
11-
$1.50,
_
■7, First Mutual Trust Fund
grouped in two separate tables. In the
bring together all the dividends announced the
Then
11-1
.
35c
.
(quar.)__
preferred
5%
conv.
Electric
Fireman's
are
week.
&
3
10-15
common
Woollens &
Fircboard
>.
10-
4 10-10
5 $12.50
$4.50 partlc. pfd.
&
&
Shares,
Extra
Field
Inc.,
10- 8
10- 3
10-10
•
v15c
J
quar.)
Ferry Cap & Set Screw
1
—
10-31
10-10
50c
—
preferred
Falstaff
I 4
8
V
we show the dividends
previously announced, but
which have not yet been
paid. Further details and rec¬
ord of past dividend
bonds,
me this
30th day of Sept. 1947 Thomas A. Creegan,
Kings County, New York, County Clerk's No. 671, New
Register No. 326-C-9.
(My commission expires March
■'■•.
:■•'■< ;v>
"J4 4 '""V
http://fraser.stlouisfed.org/
KS&BtS3W
Federal Reserve Bank of St. Louis
1
—
1-
9-30 4
"10-15 :4
10-15 >
4 4. 4
.
,
10,
11.-15 '
10-20
&2Vx7c-
Employers
which
security
of
we
current
subscribed before
Notary Public,
Co.,
Gas
DIVIDENDS
or
corporation has any interest, direct or indirect, in the
stock, bonds or other securities than as so stated by him. ;
; (5) That the average number of copies of each issue of this publica¬
tion sold or distributed, through the mails or
otherwise, to paid sub¬
scribers
during the 12 months preceding the date shown above is
7,600.
(This information is required from daily, weekly, semi-weekly
tri-weekly newspapers only.)
X. 10-15
$1-25
4
20c
u;
Preferred
Rand
Dividends
association
Herbert
4
1
vtc;4 25 4
Winding, Inc., common' vtc; $5001X
Club 5s, Sept. 1, 1956 re-g
_$1,080 lot
w
«aid
(Signed)
Power,
Wiiliamsport RR.
Employees Credit Corp.,
Class
B
(initial)
7 7c
the circumstances and conditions under which stockholders and
security
who do not appear upon the books of the
company as trustees,
hold stock and securities in a capacity other than that of a bona fide
reason
Louis
St.
(quar.)
l—
Products,
Firth
holders
owner, and this affiant has no
&
(quar.)
Corp.
4V2 7o
•
&
common
($10 par)
Co., common ($100 par)
F. Seaples Co., common—
H.
I__—____ '
.
10- 3
.10-29
10-15
57c
"35c,
V 15c
Insurance
Elmira
25
preferred ($100 par)
$15 lot
Avery Gordon & Taylor
—„32
15 105-100 H. F. Staples
Co., common—
•
1
fiduciary
*
Coal
Raymond
5
,
such trustee is
and
4
,
.10-10
11-15.
common_4i;4__L_4^^w:X-/--60c
(increased
Coast
Ekco
356
preferred
4
^
Varnish-^
Extra
East
157'/2 lot
——
par)—
Cos.,
Dyeing
Glendale
46 115-100
address
relation, the name of the person or corporation for
acting, is given; also that the said two paragraphs
contain statements embracing affiant's full
knowledge and belief as to
,
Carolina
30
the two paragraphs next above, giving the names of the t
stockholders and security holders, if any, contain not only the
as they appear upon the books *
company, but also, in cases where the stockholder or security
appears upon the books-of the company as trustee or in any
■whom
300
Wamsutta Mills; 2 Kidder House Association
($25 par); 25'
Carolina Dyeing & Winding, ,Inc., preferred
25
list of stockholders and security holders
of
($100
; 52Vi'
4
Massachusetts Building Trust ($100 par)—
k
That
(4)
owners,
preferred
Textile
par)_
50
>
Executors), 25 Park Place, New York, N. Y.
(3)
($10
—
9-30
10-10
1
' 40c
(quar.)_
(quar.) ______
Dunlop Tire & Rubber Goods Co., Ltd.—.
57o 1st preference (s-a)____
Telegraph Co. ($100 par); 20 Win- i
15
Owner, William B. Dana Company; 25 Park Place, New York, N. Y.
4;
Stockholders, Herbert D. Seibert & Estate of,Jacob Seibert, 25 Park,
Place, New York, N. Y. (William D. Seibert & Herbert D. Seibert,
I
par)
9-30
1
11- 1
30c
—
Dryden Paper Co., Ltd.
owned
owners
'
;
Co.
4 Dominion Life Assurance
$ per share
also
and
individual
or other
those
as
Co.
Associated
.
,
,
($300
2nd
Pocasset Golf
are:
(if
Co.,
by a corporation, its name and
immediately thereunder the names
stockholders owning or holding 1% or more of the
stated,
total amount
of
is:
owner
be
must
Franklin
7
Publisher, William B. Dana Company, 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.
■
.
4.^1
and addresses of the publisher, editor, managing
and business managers
'
,
form, to wit:
names
Life
Co.,
Power
Dominion
;
Cambridge
Athenaeum
Chester
-
1946, (Section 537 Postal Laws and Regulations)
537, Postal Laws and Regulations printed on the
Co.,
American Telephone &
and that the
and
Trust
Boston
1
following is, to the best of his knowledge and
Ijelief, a true statement of the ownership, management (and if a daily,
■weekly, semi-weekly or tri-weekly newspaper the circulation), &c., of
the aforesaid publication for the date shown in the above caption, re- i
quired by the Act of Aug. 24, 1912, as amended by the Act of March
1933
Harvard
1
.
114 11-
(quar.)
k
Gasket
4 Dividend
'
;
STOCKS
8
public,
Herbert
Wednes¬
9-26
4'
$18%c.>v 10-31
Special
day, Oct. 1.
Shares
New
11- 1
$50c
4 f$1.25
(quar.)..
(quar.)
Public Service,
Corp.,
Delaware
<m
&
" tSTVzC
' '
(quar.)
'4Distillers Co., Ltd., ordinary
Co., Boston,
9-15
9-15
10- I
$12Vic
-
______
of New York___—___
Edison
River
Paint
Dazey
1097
44
Transacted by R. L. Day &
4
.
.
4-i__l
National
Quarterly
;
Auction Sales
1947.
1,
9-26
'
Chicago
Electric
Dayton Rubber Co.,
$2 class A (quar.)
19,043
Y., for Oct.
10-10
<12 Vic
.
15c
&
Electric
Discntmt
State
10-10
Detroit-Michigan Stove Co. (quar.)
Management, Circulation, &c., required by the
Acts of Congi-tfss of Aug. 24, 1912. as/amended by the Act of March
3, 1933 and July 2, 1946 of the "Commercial & Financial Chronicle,"
published two times a week on Thursday and Monday, at New York,
N.
1
f 9-26
(quar.)4' ,: 62 Vic
(quar.)
$3 prior preferred A (quar.)
Corn Exchange Bank Trust Co.
995
1.
11-
J20c .11-1
:
Machine
Curtiss Candy Co.,
Nov
10-16
10-10
;Z_——-
Common
995
IVol. 164.
1
"
Co.___
Gas
preferred
Cook
1260
Jan
;
11-
12 Vic
(quar.)
Consolidated Royalties,
.
444:
Btatement of Ownership,
v
preferred
Consumers
.
'.,..'44;
IVol. 165.
Co.
Cincinnati,
Connecticut
12004
25
4
11-24
,4 $1.50
Conn (C. G.), Ltd,,' 17c preferred4(accum.)_ 14■ $5.25
4 6^ preferred A (accum.)
;
4 . $1.50
—Oct
11- 4
11- 4
11-
l-4:
11-15
t37c
A
,
11-15
Eleotric
Bottling Co.
67c
12004
•Announcement in this issue,
12- 112- 1
.12-
12-15
(quar.)___,
_4
&
Commonwealth
12004
at
11-4
t20c
!
preferred
Hobbing
Concord
Light, Heat & Power Co.—
bonds, due 1948
Anytime
bonds, due 1949
;
Anytime
1
4
"
Cordage, Ltd.—
Insurance
5%
Columbian
•
Electric
5%
Gas
Columbia
.
1
Any time
12-
3
9-30
.2*/*%
Ohio Light & Power (quar.)
Paper Co. (stock dividend)
.Colonial
:
*■
'.'.i;-
30
11-
12-15
(quar.)
$2.50 preferred
Coca-Cola
1255
stock
1
10-
t35c
•
:4;
Cleveland
1050
854
12-
87Vic
(quar.)
Cleveland,
Ry.,
15
8-29
10-15
10-10
$1
87V2C
(quar.)
Co.,
Western
City Title
*
14
due
7
(quar.)__
(Holding), Ltd.—
(s-a)
;
Ltd., common
(A. S.)
B
Central
H48
—Oct
A,
10-
25c
(s-a)__
(quar.)_;
Cincinnati
12142
'
—_Oct
preferred
8-29
v"1
preferred
Mills,
convertible
Central
<
,
L—
ser.
8%
2nd
Ltd., class A
1,1147
•
Co.—
9-25
7
(quar.)_
preferred
B
Extra
Co.—„
6% bds.,
10- 1
Carnation Co., 3*\.7e 1st pfd. (initial quar.)
4 933/4C ■§. 10- l?/£v 9-25
Carolina Clinchfield & Ohio Railway—
■;
4;. Common (quar.t'.r. 10-20
5% preferred (quar.)
$1.25
10-31
10- 8
754
>
bonds
stock
mortgage
50c
9-30
10-
(quar.)
(interim)
Electric
lien collat.
Amsterdam
Gas
preferred
Corp.,
10-21
75c
Canadian Converters,
Page
20
—Oct
5%) notes:
Welsbach Engineering & Management
Corp.— «
Collateral trust 5s, due 1953_
Wentworth Mfg. Co., convertible
preferred stock
Windsor Gas Co., Ltd. 1st & ref.
mtge. 5s
—
4,887
—
400
9,647
.
demand
.4
1259
* Date
bonds.—
United States Asphalt Ccrp.—
2nd mortgage 7%
(extended
746
"
.
"
.
1,402
14,520
_____
-
1
CALLED
-
10-10
1
25c
Canadian Bronze Co., Ltd., common (quar.)_
5%
preferred (quar.)4___i______li._______
Phillips Electric Works, Ltd., 1st mortgage 41/»s,.ser. A.Oct 16 4 1258
Republic Petroleum Co. 5Vz% conv. pfd. stock, ser. A
Nov 15 4" 1056
Smith (L. C.)
& Corona Typewriters, Inc.— '
'; J
Serial debentures due 1948-1950
i___Nov
1*
Theatre Properties
(Hamilton), Ltd., 1st mortgage 5s_„Jan
2
1260
10
+
Terrace
1st mortgage
621
1,029
—
1
Dec
<
3 Vz %
1st
Canada
4
1055
Purchase money 4%
W- 73
17-
—
47,303
interbank demand deposits:
15
due 1951_Nov
5s,
1
11-
t4%c
Capital Estates, Inc.
f
Ltd.—
and
conveitible
New York
227
'
Remand deposits
3%
1st consolidated
509
4-
1st
New
2,597
—
&Vz%
Investors
4,610
8
-
1
59
39
4-
2,3 K
Time deposits, except Govt
U. 6. Government deposits—
to
:
;*■«**
808
1,005
8
4*
_——
Debits
383
:':
4,317
Federal' Reserve Banks—
In vault—2
775
•—'4. 6
2,705
-
Reserve with
Oash
+
:•
31,127
,
securities
Dry Dock Co.,
mortgage
Interstate
136
+
4
—
4,154
4-
3
;
4-
si
+
+
694
bonds
Other
1st
Hinman
9
,4
18
■4*
/•
633
—
—
275
:—
<
2
—
3.227
_.
certificates
Treasury
S.
'•
—
:
Treasury bills
/
497
—
1»
Linen
4 ( Class
4 1153
,vand ref. mtge. 4s, series
F, due 1965___
Nov 17 1
Light Co., 3Vz<7o 1st mtge. bonds, due 1965_Dec
l:i
Fortnightly of Chicago 5*4% debentures due 1950
Nov
1
Gaylord Container Corp.—
4111
110
—
476
.
:
banks
1st mtge.
760
-
14
Oct
debentures——
11-
$1.25
preference
Campbell
;
J
10-15
___________
-
1961—Oct
.
11- 4
11-4
1
fl9VsC
80c 2nd participating preferred
Camp Manufacturing Co. (quar.)
1254
____Nov'-; 1
Ry.,
& Biros.,
1
Duquesne
4f> i-
3.226
loans
■>
,
„
.
4s, iter.. A, due
Co., 1st mtge. 5s, due 1951
Detroit. Edison Co.— '4; :■
j 'i'■ "K if--*>•.
472.
—
14
—
v
;
Real estate loans
;
23
+
-
obligations
securities
Nov
General
498
-
carrying:
1949)
Butte Electric & Power
2,867
435
U. S. Government
Burrard
pur-1
securities
Other loans for purchasing or
;
for
obligations
to
;••■
■
Ltd.—
V,
<■
1051"
;
•>
25c
.
(quar.)_4_
Wireless
$1.50
948
4
7
-■
$ 15c
Class
America—
1st mtge.
Company and Issue-—-
;
Government
(ext.
5s
A____Nov"
10-15
10-15
1
t02VzC
___
Extra
5y2%
preferred stock
Nov 15
debentures, due 1961—Nov
1
11-
50c
Co.,
receipts
convertible
preferred
Caldwell
Anglo-Chilean Nitrate Corp., Inc., debentures, due 1967-Oct
A. P. W. Paper Co., Inc., 6% conv. notes
__Jan
hv:
.
1
,10-25
25c
preferred
Cable &
Co.,
G.)
1146
-'
12-.1
12- 1
(quar.)__
Butterfly Hosiery Co.
1146,
8
jl2V2C
Light
3Va %
4>iU*
Rumford
(A.
•
4:44 »
ser.
10-21
(quar.)
3xfzr/c
v
-
15 V';
15 V
4%
4
.
<■
1
ENTIRE ISSUE
.3,529
+
.
1
Pillsbury Mills, Inc. $4 preferred stock
2,883
—
*
4; io41
' V4
_____Oct
4Vis,
11-
$1
Extra
Nov
Co., 3%
10-23
%31Vzc
pfd. (quar.)
preferred (quar.)_:
Gas
10-
■/■■); -4::'44';'--;;'4
-.4'v
Corp., Ltd., 5%
deposit
preferred
Brockton
11- 1
11-10
t50c
quar.)
Bryson
Co.
$1
<
(quar.)
Manning Co. (irreg.)
Burlington Mills Corp., common
1
<4
..
Spalding
W.j
10-15
1
$2.50
(s-a)_;
Ltd.—
■
11-
17»/2C
Paper,
(increased
Ribbon
1145
preferred stock
International Rys. of Central
5% 1st mortgage
1946
186
.
Page
J22V2C
;
Brighton Mills, 5%
British-American TobaoCo
♦
1
4
pfd.
conv.
9-23
X .'X
:
(E.
Blue
*
—Nov
5 %
&
Sivalls &
Bliss
1256
Ry.—.447
mortgage
North Shore Gas
ZX44
12,935.
carrying:
or
S.
+
Black
1149
,
Power
A
mtge. ZVz% bonds, ser. D, due l996_Nov
Firestone Tire & Rubber
agricultural
'2—*
______
148
—
21,569.
Industrial,
loans
-
64,566
_i_
Commercial
Class
31
1969__
Ohio
4%
Co
11-21
12- 1
10- 1
25c
Burgess-
1962_^_i^j'_^__L'_—4___Oct
and improv.
Co.,
i;
11-
M4
'■"444'
■
Rubber
&
1-25
9-30
56 Vic
(s-a)____
Extra
Dec
Light Corp.—
due
RR.—
preferred
Innes, Ltd., class A
#
1952__Nov
bonds due
Great Lakes Power Cc., Ltd. 1st
mtge.
Great South Bay Water Co.— ;
T
Aasets—
Loans
Powder
Bathurst
1143
Firestone Tire & Rubber Co., 4Vz%
Sept. 25,
T:
1959—;
Co.—1
Dec. (—) Since
1947
Atlas
:<
debentures
Chesapeake &
Ref.
due
,
debentures,due
Viscose
Inc. (+) or
Sept. 24,
1st mtge. inc.
&
47.4
.
bonds
and
Line
Baldwin
'; Pago
Date
-
v
•
series
1936
Tobacco
American
■
444444.
(in millions of dollars)
Class A
American
'
member banks follows:
5 7c
mtge.
Ltd.—
Coast
non-cum
American
;
Terminals,
Ambassador East, Inc.,
Cities Power
X.C4;
Borrowings increased $33,000,000 in New York City,
$10,000,000 in the Minneapolis District, and $68,000,000
at all reporting member banks.
.A summary of the assets and liabilities of reporting
4 ■4
;
Central
American
,
••
preferred (quar.)____4
(quar.)___
.J.,
Telephone Co., Ltd.—
■-4
V:; 44
4Vz % preferred (quar.)
Atlantic City Electric, 4%
pfd. (quar.)
5%
10-25
2-2-48
15c
,
Corp.
Atlantic
1
15c
Equipment, 4l/8%
5%
Company and Issue—
Algoma
Holdings of Treasury certificates of indebtedness in¬
creased $82,000,000 in New York City and $8,000,000 at
all reporting member banks, and decreased $31,000,000 in
the Chicago District.
Holdings of United States Govern¬
ment bonds increased $39,000,000.
>4:
"
■
;
Demand deposits adjusted decreased $58,000,000 in the
Chicago District and $54,000,000 in the San Francisco
District, and increased $38,000,000 in New: York City.
XJnited States Government deposits increased $56,000,000.
Demand deposits credited to domestic banks decreased
4'
preferred
preferred.—^—____
Holders
Payable of Rec.
7VaC11-
Associated
PARTIAL REDEMPTION
tricts, the principal decreases being $281,000,000 in New
Share
.
IVzC
Oil, 6%
Bates
Ellicott Square Co. of Buffalo, 1st
mtge. 5s
Nov 14
Brothers, 6 % preferred stock
_.i_
________Nov 15
Philadelphia Transportation Co.—• • J, 44/.4V;
44('4'--,;41st and ref, mtge. 3%7p
bonds, ser. B, due 1970___Oct 15
Tork City and $63,000,000 in the San Francisco District.
in all districts.
Aro
;
Lit
^
'
(resumed)
common
Fuel
Arundel
t ;;;
v
-
I*oans to banks increased $75,000,00 in New York City,
$13,000,000 in the Boston District, and $81,000,000 at all
reporting member banks.
r
■':
t
Holdings of Treasury bills decreased in nearly all dis¬
Company
Inc.,
Common
4X4444V44' Notices
Reserve
When
Per
Redemption Calls and Sinking Fund
__________
10- 1
1
'
9-24
1
9-2#
10-10
-
Volume 166
Number 4635
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1393)
•
Per
.' Name of Company
When
Holdere
Payable of Rec.
Share
Houston Light to
Power* $4 preferred (quar.)
Hqving Corp. —.—a—a.,
Hutchtns Investing, $7
preferred (accum.)
Illinois
Lbck
ll-l
10-15
10-25
Per
"■
10-15
10-15
10-
Co.___.__—
9
10-
l
10-15*
Stone
10-15
■
International
Jacobs
(E.
10r31
*
P.
9-30
sue
11-25
Mutual
Fund
preferred
Corp
preferred
Bryant,
Cotton Mills. Co,
Inc.,
'
9-18.
4'/2%
10-20
10-16
95c
s
■:-i
10-20
9-30
10-15
25c
10-16
10-15
10-4
(quar.)-
56'Ac
25c
11-
'
9-30
1
1212-
1
:'
11-7
10-15
;
10-15
10-
$1.50
(R; C.) Co. (stock dividend)—
Manhattan Bond Fund (irreg.)
11-15
■Extra
_•
.—,
Middlesex
10-15
10-
this
announced
10-
.Name of
4
10-15
4
$1.75
10-27
10-
6
50C
11-
1
11-
1
10-20
11-
1
10-21
$1.12'A
10-15
11- 1
\ 20c
$1.25 vi 11-1
9-30
$1
25C
i
9-23
10-10
10-31
Company
.10-15
Co.,
Affiliated' Fund
Extra
Ino.___-
tl5c
11-
I
10-15
tlOc
11-
1
10-15
Air
Investors, Inc.,
11-
1
10-15
Air
Reduction Co.
15c
10-20
10-10
25c
10-
common
10-15
10-
10-15
10-
12-
Stock
1
3C
(payable in cash
$2
5c
pfd—
(quar.)__
Miller; & Hart, Inc.,
25c
'
...
... ...
11-18
1-2-48
12-20
4-2-48
Common
3-20
25c
10-2-48
1-2-48
of
12-20
6-20
preferred
(quar.)
25C
4-2-48
3-20
prior
preferred
(quar.)
25c
7-2-48
6-20
American
Book
prior
preferred
(quar.)
25c
10-2-48
9-20
American
Box
75c
11-15
11-1
Muehlebach
20c
12-15
11-29
62'/2c
12-15
11-29
11-
10-15
Brewing Co.,
participating preferred
(s-a)
Nathan Sfcraus-Duparquet
National
Erie
Corp.,
;:5%:
non-euro.
1st
355*
non-cum.
2nd
20c
■—
common
25c
National Malllnson Fabrics.(quar.)
40c
10-30
10-
-
Laundries, $6 preferred (quar.)
Jersey Worsted Mills (irreg.)—
York
Merchandise
Quarterly
Nunn-Bush
Insurance
(Spokane)--
Co
Co., 5% preferred (quar.U_—_
Crush; Ltd. (quar-)
Pacific Coast Aggregates, Inc.—
convertible
preferred
Pacific
Public'Service
Terminals
Co.,
Ltd.
(s-a)
•>
(accum.)
"Extra
11-15
11-15
10-31
10-20
25C
10-
11-
1
10-10
' J
*
50c
50c
10-20
10-20
10-
/.
2.
11;
1
10-21
•11-
1
10-21
.1111-
1
10-15
1
-
10-15
11-1
11- 1
5c
25c
5c
.-is.
12c
17'Ac
83Ac
r
25c
^ 50c
.
133Ac
:■ ?;
25c
37'Ac
—
10c
.
10-15"
10-3.
10-15
10-
11-
1
i
10-15
10-15;,
Corp.
10-18
10-15
10-15
10-
10-
9-23
10-10
11-15
10-25
9-22
.
50c
3
9-24
9-24
5%
9-29
5c
9-24
25c
9-20
-
$1.75
t30c
9-20
11-15
10-20
10-15
9-23
J
(quaf.)
93%c
10-
10-16
to
:A;
30C
Co.
10- 9
10-31
$1.50
10-15
Canada
(quar.)
$$2
(quar.)__—_
10-
10-30
10-15
10-15
20c
common
11* •
10-20
11-
1
1
9-15
10-15
(quar.)
;
10-15;
9-30
$25c
Steel
$10c
10-15
9-30
25c
; 10-13
56 Vic
10-24
-
$1
62'/2c
10-31
10-15
10-31'
10-15
20c
10-16
10- 2
$12 %c
$$1
preferred
10-15
12-
9-20
9-20
1
10-10
40c
(s-a)
registered
' 5%
preferred
(s-a)_
British Columbia Power.
Ltd., class A (quar.)
Columbia Telephone Co.—
6%
2nd preferred
British
10-15
9-30
$25c
10-15
9-30
:
(quar.)
Brompton Pulp & Paper, Ltd.
Bronx County Trust Co.
Brown Shoe Co., $3.60
10-
7
8-29
10-
7
8-29
10-
7
10-
7
8-29
10-15
9-30
8-29
(quaf.)—„
$$1.50
11- 1
$25c
10-15
50c
(quar.)
(s-a)
preferred
Is
Is
10-15'
10-
10-31
10-15
90c
10-17
9-22
1*
9-30
10-15
>130
11-1
10-10
$1.19
10-15
Chemical
12*12
&
Natural
10-20
12-19
25c
10-25
10-10
11-
10-15
56 'Ac
25c
10-15
10-
25c
11-15
11* 1
40c
11-
1
10-
6
10-15
10-
1
llo
(quar.)
10-15
8%
•
Gas
for
11-10
87 '/2c
10-
8
10* 1
$2.25
10-31
10-21
11- I
10-10
100
$0.2083
11-
25C
1
10-15
$1.75
11-16
11-1$
$1.75 2-16-4$ 2-10-46
30c
11-
1
10-
11-
1
10- O
y 200
: 200
11-
1
11-18
12-16
10-15
:
10-15
10-
10-10
$6C
11-
9-30
10-14
10-30
$1.75
10-22
70C >
10-
>
10-10
$5c:
9-26
10-15
9-15
10-15
9-30
10-15
$10c
9-30
11-15
1
10- 3
11-
1
10- 3
11-20
50c
10-31
11-
$1.50
'9-30
'
47 %c
$ 2c
(quar.)
$1
I-0-15
9-30
II- 3
■iO-ii' I
37%0
11- 3
10-15'
$1.25
it- i
1(N 1
$1
11-17
10-15
25c
12- 1
1
11-20
10-25
25c
10-10
50c
(irreg.)*
common
12-
60
11-20
10-10
9-26
U* 5
11-20
11* 5
12-
lHO
$1
Corp.
1
>50
$1.13
(quar.)
(quar.)
10-15
1-2-48
25c
10-
*
series
8
750
10* t
10-15
10-15
-i_
A-j.
10- 1
10-25
$1.75
$1.31 V+
—
9-30
12-15
a
10-
-
20c
common—.—-J.
>
——
20o
—
IOC
1^3
i 9-1$
9-30
10-10
;
10* 3
'•
10-18
30c
*—
10-10
10C
$50o
11-15
30c
10-15
>;"$2.
9-30
10* 1
10-15
(quar.j———
*—
Ltd.
11-20
$1
(s-a)
1st pfd.
12-31
r
(quar.)
Cuneo
;y
'•!
(s-a)—
preferred
v
37%C
50C
Co
1
'
'
$$1.25
,
1
9-30
1
'
(quar.)^^*-.^^—-.
4'/2%
Seal,
1
12-
$1.75
—
6
1-1-48
17 %c
v
—
(quar.)
25o
1-2-48
i
12-17
9-30
$1
$1.25
>
10-15
10- 1
•
9-18
1-2-48
*
12-1$
12-17
10*' Hf
15c
10-15
<
20c
10-15
10- 2f
$1.12%
10-15
10* 2
i 250
11- 1
——
■'i 3'/2 % preferred (quar.)
Cunningham Drug Stbres
Stock dividend
Dana Corp., new
Vilbiss
common
preferred
Steel
10r 3
10-15
10- 3
10c
|
Y.
——-
(irreg.).
10-25
10- 3
25C
—
——
10-20
10-10
50
10- 6
9-17
$1.7$
12-23
11-20
40c
*——
Stove
12-15•
30c
10-15
9-2S
60*
11-15
11- »
6
9-29
12- 1
Co.—
(quar.)
Products
10-
25c
new
————
com.
Extra
(initial)—.
25c
10-10
'
9-30 V
25c
Detroit River
Dickey (W.
Diebold,
10-21
10-15
93 %c
—
Co
Detroit-Michigan
11- t
'
100%
(irreg.)
Edison
10-20'
11-15
10-20 >10- 6
y- 25o
quar.j—,
——
(quar.)
Dentist's Supply Co. of N.
1% preferred (quar.)
Detroit
(initial
(quar.)a—
Co.
Derby Oil Co.,
500
—i
common,
Company
Decker Mfg.
87%C
(increased)
—
3%% preferred sefies A
Davidson Bros, (quar.)
Dixie
9-29
1
10-15
preferred (quar.) .——————
Press, Inc.,- common—
.4y2%
5%
11-
$5o
Cuban-American Sugg? * Co.,, common-*
;
Common (year-end)
Cuban Atlantic
Sugar, 5% preferred (quar.)
Cudahy Packing new com. (initial
quar.ja¬
ys
Special
De
9-30
each
;,V 10c
Co.
(quar.)
preferred
1
Chicago &
Electric
&
1
Industries, Inc.—
(quar.)
Forster
12- 2
10-31
—_
Cork
Crum
11-10
1-1-48
(quar.)
Sexton
9-30
1
$ 1.12' i»
preference class A (quar.)—.
preference class B
/(quar.)
preferred
Common
a2'/2 %
a2y2%
1
11- 1
*
<
9-30
12-
15c
com
Car-Heating Co.
preferred
10-io1
50c
12-
Electric
Ltd.,
(quar.)
preferred
Products Refining,
7 %
Detroit
$40c
Ohio
,
10-13
(s-a)
10- 1
10-14
10-15
: i
.
30o
Corp., 5%
(quar.)—
,
1-2-4$
37'/2c
—
(quar.).
Alcohols,
preferred
Crown
10-17
9-30
10- 9
Enterprises, Ltd., 5% pfd. (quar.)
Special
Cribben &
9-25
<
10-31
Coty International Corp (resumed)
Creamery Package Mfg. (quar.)
10-15
$1
25c
Inc.
Southern
partic
$5.25
1
11- 1
10- 9
•<
200
Cornell-Dublier
10-15
30c
(quar.)
Ltd.,:
(quar.)
10-
1
11-
$1.12
f
10-20
10-10
7c
'
.
ii-1
75c
n
common
America,
Corn
10-20
$25c
—
9-30
10-31
37'/2c
Extra;—<——
2nd
6
62'/2c
-—
1
10-15
share of New
York,
RR.
Co.
common
Continental Gin Co.,
Converse Rubber
io- $
:'2 $1
11-
50c
>9-22
•
5c
4%
preferred (quar.)
Continental Car-Na-Var
10-31
—
9-29
25c
1
11-1$
50c
•
*
(stock dividend)
Consolidated Royalty Oil Co.
Consolidated Textile Co., Inc.
Container Corp of
V:-■::
_•
1
15c
3
12-
10-10
1
:
Ry. Co.
Consolidated: Paper Co.
10-15
15q
1
12-
(quar.)
.
'
10-15
11-
—
Consolidated
10-31
10-21
$5
10-31
1
11-15
$7%0
—....
partic.
9-30
(accum.)$$1.75
Consolidated Edison Co. of New
York—
10-15
1
«'
(interim)--..—
Bristol-Myers—
"
>
3% %
participating preference (quar.)
British-American Tobacco Co., Lta.—
Ordinary (Interim)
Ordinary registered (interim)
3
11-
J$1.25
'
10-
11-
B
10-15
12-
30c
(increased)-—
Hats,
A
9-25
12-
■'
Brazilian Traction Light &
Power, Ltd.
Bridgeport Hydraulic Co. (quar.j
Bright (T. G.) & Co., Ltd.
10-14
$1.25
___
$1
12-19
11-15
'$1
12-19
$10c
(quar.)
(quar.)
(quar.)
Telephone Co. of
Watch
10
12-23
12-23
$$1.12'/2
com.
Co., Inc.
.«Convertible prior
preferenceMquar.>_-^--.i
Avery (B. F.) to Sons, common (increased)
Avondale Mills,, common:
(monthly>______—
1 $4.50
preferred (quar.)
Ayrshire Colliers Corp. (quar.) __j,»
Babcock & Wilcox—i_——
Baldwin Company, 6% preferred
(quar.j—
Class
10-8
10O
10-
$1
$3
25c
_____
Borg (Geo. W.) Corp. (quar.)______——
Brantford Cordage Co., Ltd., com.
(quar.)__
4
1
10-24
1-21
10- 6
1
..
(quarj-_fcwrf>-*__i
&
9-10
1
11-
preferred
Consolidated
10-22
10c
$50o
9-30
9-30
.
11-20
-••?/ $20c
(quar.)
Consolidated
1
(quar.)___
Fdry./& Machine (irreg.)—
Bloomingdale Bros., Inc——
Bon Ami Co.. olass- A'
(quar.)
10-18
1
Nichols
Class
.
.__
City Electric
Birdsboro
lOr 1.
10-. 1:
10-31
11-
.
*
6
$1.50 1-31-48
25c
Biltmore
10-10
10-31
65C
:
Co.rLtd. (increased)
$1.50
—
(s-a)
(s-a)
4%
Benrus
3
11-
J30c
Co." (quar.)—____—
Co., common—;—
10-10
Ordinary (interim) >
a5%
Atchison Topeka, to Santa Fe
Ry.__^_^.—$1.50
Bell
11-10
•
(quar.)____
10-21
preferred (quar.)
$%o
Bangor Hydro-Electric,v common (quar.)—
40c
Baystate Corp. (quar.)_—35c
11-10
(quar.)_
(quar.)
10- 9
10-
11-
$2c
(quar.)—.-8% preferred
Concord Gas Co. (New
Hampshire)—
7% preferred (accum.)
Connecticut. Light & Power $2
pfd. (quar.j—
y $1.90 preferred (quar.)
Coniaurum Mines, Ltd.
(interim)
11-20
10-15
convertible
10-15
-
10-10
50c
quar.)
.
11- 1
12-1
tlOc
(quar.)
Commercial
9-18
50c
10-15
(special)—
Columbus
10-20
$1.25
(s-a)___30c
10-31
Colonial Sand & Stone
(quar.)
Colt's Manufacturing Co.
0-30
1
10-15
Water
Combined
$3
Baltimore1 Porcelain Steel—
10-21.
10-1*
33 3/10c
____—
PoAver
;
11-
<
Austin
-*'■
—_
Southern Canada
Oil
Atlas Steel, Ltd.
10-24-
1
11- 1
25c
\
Sheraton Corp. of America (quar.)
Simon (H.) &- Sons.,
Ltd., common
5%
preferred
(quar.)
10-24
10-10
5c
$25c
16-24:
11^
I
10-15
25c
$17'/2o
$17'/2c
$$1.73
Works, 7%. pfd. (quar.)
Clopay Corporation (initial quar.)
Coast Breweries, Ltd.
(quar.)
10- I,
10-15
$2.25
•
Cable
Refining Co.— *
convertible preferred A
3.75% preferred B (quar.)
Atlas Plywood Corp
10-24'
10-30
75c
—__
(quar.)
(quar.)—
Atlantic
10- 2
10-30
50c
(Delaware), $1.50 pfd. A_
preferred
2
10-30
30c
(quar.)
—
Southern Acid & Sulphur
7% preferred (quar.)
to
Cottdn Mills Co., common
Atlantic
•
15c
Oo., 6% preferred
A.)Inc. (quar.)_n
*
t.
50c
Stores
;
10-30
'
50c
of -New York—
Telegraph
Associated Electrical Industries, Ltd.—
.
<
20c
:V'
.
10-
11-30
(quar.j
Industries,
Clinton
3
10-15
9-19
12-15
(s-a)—
preferred
A
9-19
10-15
common-—
Y.)
Monthly'.
Monthly
Monthly
9-19
10-15
a
8
9-19
t$2
Co.
& Ohio
1st
Clinton
11- 7
10-
10-15
$50c
*
Fund
1st
Class
0-19
11-28
$$1.75
.
•
(quar.)....
„
preference
City Stores Co.,
5
10-15
11-10
10-25
(stock dividend)
Products Corp., common
Louis
7%
7%
$-30
10-31
$1.25
•
(initial)—.
South Atlantic Gas
Cm, common
Extra
;
•
I
&
4%% conv. preference
Aro Equipment Corp._:
10-11
10c
BamSon United Cbrp., 55c conv.
pfd. (quar.)
Bargent & Co._
v*—£———
i——1-,
preferred
10-15
90c
Si to W. Fine Foods, Inc., common
(quar.)
1
4% convertible preferred (quar.)
Hurtgerford)
25c
Extra
11-1.
(quar.)
(initial
Argo
9-26
1
25c
z
'
(quar.)
10-15
Products—
preferred
$1.25
Rockland Light & -'Eower—Ww-—■
Bothmoor Corp., Common (quar.)
<Class A- (quar.T-X—_jw——
preferred
1
Wire
Post
Arcade
5
•
t—I—L--
1
12-.
Co^ (quar,) _^______;
Rochester-American Insurance Co. (quar.)
Convertible
10-15
12- 5
to
Seaboard Finance
10-
11-1
12-
■Quarterlyf
(D.
10-15
25c
.1^
(E. W.)
$1.12%
1
$15c
-
$2.50 prior preferred
Cotton Gil
(quar.)—_—-—
City of Paris Dry Goods—
10-14;
11-
12-
$20c
Chickasha
-
6% prior preferred (quar.)
: 6%
prior preferred (quar.)
Angerman Co., Inc.
±.
1
10- 2
^
Richmond Insurance Co.
10-
25c
(quar.) ______1_
realized on sales of
Works
10-15
10-15
$1.10
Ltd.
Cedar
Telephone
Argus Corporation Ltd.
(Cartada), 5% pfd.
Blce-Stix Dry Goods, (quarr)—:
Richmond
Anchor
11- i
Concrete Pile, common
(quar.)__
$# preferred: (quar;)
Iteda Pump Co. (resumed)
_____^
Beed (C. A.) Co., $2 class A
(quar.)
•ClaSs B
Anaconda
9-25
10-11
•
1
-
Anchor
12- 1
——
11-15
10-
3'/2%
convertible
preferred
(quar.)
Chesterville Mines, Ltd
Chicago Allerton Hotel Co. (irreg.)
Chicago Corp. (quar.)
Chicago Phenmatic Tool Co.—
Co.—
prior preferred (quar:>_^_
Ampco Metal, Inc., 6% preferred
Hocking Glass, common
9-30
$3.50
ftayrtiond
Reltman's,
Goods
s
10-15
10-
1
10-15.
25c
American Thermos Bottle Co.
(quar.)
American Zinc, Lead &
Smelting—
92%d>
preferred (quar.)
preferred
9-30
10-30
$1.50
^1——__1
convertible
"
12-
10-25
97'/2C
$5
$25c
————
gains
10-14*
10-15
1
_
__
Securites
(from
10-31
11-
2c
_
6
5 :
Phillips-Jones Corp., 5% preferred (quar.)_
Plymouth 1 Rubber* Co.'——c:_
LigTit
11-14
$7
10c
.
10-15
1
(quar.)__
—*
.securities)
9-25
10-25
32V2C
preferred* C (quar.)
4.4ft% preferred B (quar.)_—
Pfetffer Brewing Co. (quar.)—
Special
9
10-25.
10-
•
<3.76%
BftilWay to
9-30
10-
American
11-
'
/
Peabody Coal Co., 6% preferred
Pennsylvania Electric Co.—
Products
10-15
10-15
$1.12%
Co.—
Potomac Edison Co., 3.60%
12-15
25c
10-15 '
J 15c
(quar.)
1st preferred (quar.)
•Pairisboro Mfg.: Co., '6% preferred
Purblator
30c
$1.12%
—
1
share of Chesapeake & Ohio
Ry. held—
-
12%C
.$1.38
<Extra
9-30
1
10-
$3
Orange
Coast
10-10
1
9-29
=■';%*
20c
>1—.
Pacific
15C
(quar.)
11-
10-20
:.yv
.
.—i.—^-V
Shoe
10-20
11-
10-10
5c
.
to
Oberman
10-30
St.
10-11
50c
$1
,'■>
9-30
1
10-31
10-31
11-
(quar.)
Co._
Chesapeake
l/40th of
10-17
11-
Belt
11-15
11-15
50c
Corp.-—
(quar.)
preferred
Chemical
•
10-11
250'
1
9-19
10-15
Smelting to Refining, common
50C
7%
1st preferred
(quar.)
$1.75
American States
Utilities, common (irreg.)
12 '/2C
: * 5% %
preferred (s-a) _.i_——u——68%c
American Telephone Co.
(Kansas) —
5 % preferred
(quar.)
:—
10-20
Engineering Works-—.
8c
J._— *—9c
Extra
Northwestern Title
Paper
American
10-15 ;
11-
9-20
11-1
(bi-monthly)
Corp.
ir-1
•
—-.'i.—i—...—-—!
(J.
Extra
9-19
1
15c
—-
Bchaffer
10-
50c
—.
Co.
(Minn.), 1st preferred——
North American
Acceptance Corp. (Pa.)—
.Class A
(quar.).i——
Northwest Engineering (quar.)
ji—
Extra
9-30
$1.50
Nicollet Hotel Co.
v;4%%
9-30
10-15
6
9-30
9-30
37'/2o
a
(quar.)
Chaser's, Inc.
9-20
10-
11- 1
Foundry V
(quar.)
7%
preferred (quar.)
American Rolling Mill—
*
4%%
preferred
(quar.)__
American Safety Razor
10-15
6c
10- 6
10-15
to
Co.
9-30
10-15
2c
...
...
News
American
7c
stock—
common
Machine
9-30
10-15
B
50c
.(monthly)
preferred
American
11-
50c
3.90%
1
12- 1
25c
EXtra
American
10-15
10- 7
Series
New
Northern
2
5c
Bond
New
Extra
2
11-20
50c
Hard Rubber, 7% pfd.
(accum.)—
American Home Products )
monthly)
American Hydraulics, Inc.
9-10
12-
.**-12-
1
25c
quar.)
(quar.)i_^.
12-13
12-
25c
American
12-13
11-20
9-30
-
62'/be
—-
(s-a)
Store Investment
Corp.—
4'/2%
convertible preferred
(quar.)__l—
Chase Candy
Co., 5% conv. pfd. A (quar.)_
Common (increased
quar.)
4_—
Chase National Bank
(N,.
9-18
9-30
10- 6
Chain
'
62'Ac
(increased
American Fork & Hoe
Co., common
4'A% preferred (quar.)__—_u_
American Fruit Growers
'
.
Speculative Series
New England
1
1
$1.75
(quar.)
Board
Distilling Co. (quar.)
American Fidelity &
Casualty Co.
133Ac
,
(quar.)__.
Bond Series
Low-priced
10-15
9-30
preferred——; $2.50
preferred—$I.5dv
National Pumps. 5%%, conv. pfd.
National Securities Series—
Xow-priced
10-24
Co.
12-
t25c
.
American
(s-a)___.
common
•
Chain
,
-
$1
50c
;
^
$1
Railway (irreg.)
Moody's Investors Service, Inc.—
;S3 participating-preference (quar.).
-
Co., common (quar.)
$7 preferred (quar.)
American Alliance Insurance
(N. Y.) (quar.j
American Asphalt Roof
Corp. (quar.)
prior
Louis
35c
Canada,-Ltd.—
10-20
.10c
..
Certain-Teed
>
4y2% prior
10-3
75c
4% preferred (quar.)
American Aif Filter
prior
Minneapolis to St.
10-15
9-30
10-15
(quar.)__
(quar.)
3.40%
2
15c '
Alfiminium Co.
$1
(quar.)
common
Vickers, Ltd. 7%
9-29
9-12
10-15
10-15
—
Pacific Ry
Century Electric
8
10-
100%
dividend
$1
preferred
10-
10-15
10-10
Extra
9-20
25c
"iConpaon..
7-2-48
25c
—
10-25
*0C
Stores* common (qua?.)
Allis (Louis) Co.
(quar.)
10-14
50c
Common
Common
1
10-24
25c
common
9-30
10-1&
•
10-15
.$1.50
Insurance
Extra
9-26
10- 7
$1.75
1
:; $1.50
-
Central Coal & Coke
(initial)
Central Hudson Gas to
Electric, commonCentral Kansas
Power, 4%% pfd,. (quar.)—
Central New York Power
9-26
10-20
25c
<
Allied
25c
-
10-20
10-15
10-20
_
9-18
35c
conv;
——
Co
10-10
50c
stock)__*
or
non-cum.
Electric
Air-Way
Appliance
(quar.)
Industries, Inc. cash dividend (quar.)
1
$1
:
Fire
Light,
9-18
60c
1
40c
Carrier Corp., 4%
preferred (quar.)
Celotex Corp., common
(increased)
5%
preferred (quar.)—
Central Aguire Associates
Holders
10-10
11-
...»
Payable of Rec.
50c
Allen
9-24
10c
Share
■
'
$25C
1
"
Corp. (quar.).—-
Extra
75c
—
pfd.
Capwell Sullivan & Forth Oak—
f Preferred
(quar.)
Carolina Power &
*
When
(quar.)—
(initial)
(accum.)
Canadian
week, these being given in the
1
com.
Canadian Malartic Gold
Mines, Ltd.
Canadian Oil Co.'s, Ltd.
10-11-
10-20
preferred
7% preferred
(quar.)
Canadian Investors
Corp.
V10-15
1
U-
10-15
Investments, Ltd.. (quar.)
Canadian. Industries,
Ltd., common (quar.).
..10-15
11-
t5o
Canadian General
9-30
10-25
20c
..
10-14* y
10-25
25c
(quar.)
.Canada Steamship
Lines, Ltd. (s-a)
Canada Wire &
Cable, class A (interim)
10-20
; 50C
$1.25
"
'*
Addressograph-Multlgraph
10-17
50c
(quar.)
preferred
Mid-West Abrasive
5%
10-16
10-15
1
5c
.
4%
<
10-31
1
$1.75
Association
Canada to Dominion Sugar
(quar.)
Canada Northern Power
Corp. com.
7% preferred
10-15
10-15
$3
(irreg.).:
preceding table.
9C
.
Products
Midland Bakeries
Smith
I
20C
—
Co.
11-
give the dividends announced in previous
The list does not include divi¬
we
■_
$1
9-26
Camden
(quar.)—
—
;
9-30
$75c
*
l
li-
11-17
;
conv.
California Packing
Corp.,
5% preferred (quar.)
10-31
11-
dends
9-22
10-31
100%
Marlon Power Shovel Co., 7% pfd. (accum.)
Marshall Field & Co. ;(quar.)
McCabe Grain Co., Ltd., class A (quar.)
Class B (interim) z
Mercury Mills, Ltd. (quar.)
Michigan Steel Tube Products..—,;
Bchulte
9-26
•
Mahon
Rlckel
9-30
*
(accum.)—-:
preferred
Below
i
9-30
1
11-15
60C
,
•
50c
11-
30c
(s-a)
preferred
$1.50
weeks and not yet paid.
10c
Extra
9-26
(quar.)_.
(s-a)__
Curry
9-30
20c
—._
10-10
9-30
new
Canadian
50c
——
12-10
10- 6
$2.14
.a
(quar.)
6% preferred (quar.)
6% preferred (1927
series)—
California Pacific Trading—
10-10
11- 8
;
•
I
11*
10-15
1-2-48
7%
10-16
$1
—
California-Oregon Power,
3
40c
Wyatt Metal to Boiler Works (irreg.)
Yates American Machine
(quar.)
Yosemite Park to
3 *
9-26
1
20c
Ltd.—
preference
10-
17'AC
35C
12'Ac
Corp.,
preferred
8%
10-15
10-
9-26
75c
,
9-30
10-10
$1.25
—
Steel
10-15
31'Ac
_
Wilbur-Suchard Chocolate, $5 pfd. (quar.)
Wisconsin- Gas to Electric, 4Vi %
pfd. (quar.)
Wisconsin Public Service, common
10* 9
12'/2c
____
•
$2
—
10-15
-r-—
____
$4
60c
.
——
«4%
10- 3
Co., Ltd. (quar.)
Westmoreland, Inc. (special)—
r_—
White Sewing Machine, $2
prior pfd. (quar.)
10-10 :
10-15
—
Lawyers Title Corp. (initial)
Belt, Co. (quar;)
___vr.:
Xoblaw Groceterias, Inc. (quar.)
Xpomis-Sayles Mutual Fund (quar.)
Xoomis-Sayles Second Fund (quar.)
Xorain Telephone, 6 % ^preferred
(quar.)
Xpkens Steel CO.~i^u
5%
10-15
Westminster Paper
11-14
30c
—
—-
1
i
...
24c
-
L)nk
■■■■■':
$1.50
10-10
20c
Calgary & Edmonton Corp., Ltd.
California Electric Power
$3 pfd.
10-20
—
class A
31'Ac
(quar.)_
preferred
12-
4.-
United
9-24
1
10-20
—
Butler
10-10
9-30
11-
Holdere
Payable of Ree.
10c
(quar.)
Bunte Brothers
(quar.)
Mfg.. Co. 6% pfd
Byers (A. M.) Co. com.
7% preferred (quar.)
10-31
10-25
40c
preferred
When
Share
(extra)
Company
Bullock's, Inc. (Los Angeles)
12-20
62'AC,
Per
Company
Manufacturing
Buda
12-20-
11-20
20c
—-—
Participating
9-30
11-1
;
—----—
Lane
1
•
,.
common
Xane
10-
20c
J.
(quar.)a-,
Kuhlman Electric" Co
•
;;
"'4% participating prior preferred
Brunner
3
1-2-48
25C
—.
(quar.)_
io-io
i
20c
(quar.)
$1.25 convertible
li-
$1
Keystone Custodian Funds^—
.Series B-2 —Jj—
Series
S-3 '—lai
Krueger (G.) Brewing
:
(quar.)
—„
i
1-2-48
10%
___
Products, $1.25 preferred (quar.)
Union Asbestos & Rubber Co. (quar.):
Union Oif Co. of California
(increased)
U. S. Cold Storage Corp., common
10-15:
12-
$1
Kalamazoo Stove & Furnace
(quar.)
Kansas City Power & Light—
Kennedy's, Inc.,
Container
—
preferred
(quar.)
Jersey" Farm Baking, ir/,
3.80%
10-15
TreesWeet
11-; l
1.25
(
.
Johnston
dividend
prior preferred
Name of
9-26
4%
Extrfll
jersey Central Po
4%
11-1
25C
•
9-25
15c'
A.
156'AC
—
Co.
(quar.-)————
Company, $2.50 conv. pfd. (quar.)
Towle Manufacturing Co.
(quar.)— z—±
.
9-30
H.)
preferred
10-
Therrhoid
JantJJen Knitting
,5%,
Stock
.
5%
li-
Educational
Preferred .(accum.)
Investors Royalty Co., 8%
9-30
10-15
Taylor-Colquitt
9
'
Payable of Reo.
40c
(quar.);,
45
HolAert
$1.25
—
Ltd., 4%% pfd.
Inc.—
dividend)-——
(cash
8
Indiana Associated Telephone—
$2 preferred
(quar.j
Indiana Associated Telephone
(reduced quar.j
Standard Fuel Co.*
Stokely Van Camp.
Common
When
Share
.;
..
Southwestern Bell Telephone
Springfield Gas Light
9-27
Imperial Chemical Industries, Ltd.—
Ordinary (interim) '
1__.—
Name of Company
Tunnel (s-a)
S.) qiay Mfg. Co.—*
inc.
Cup
(quar.)
Co., common
Dixie-Homes Stores,
Inc.
—
(quar.).
Dodge Manufacturing Corp. (quar.)
-
10-10
9-30
$4
1-15-48
1- 5
$1
25o
10-20
10-10
10-25
10-15
250
10-23
10- 2
15C
10-15
150
11-15
'
9-30 ;
11- 3
46
THE
(1394)
>
•
$25c
Ltd
Dominion Bridge Co.,
Dominion
5%
Fabrics,"
Ltd.,
1st preference
6%
;
2nd
/>~-t
preferred
non-cum.
Dominion
.
(quar.)
Ltd.
Dairies, Ltd.—
convertible
— -
1
10-15 y
1
10-15
11-
1
10-15
$250
$350
-
'
10-15
9-26
International
10-15
9-26
11-
1
9-30
6%
participating preferred
(quar.)
International Harvester Co. (quar.)
2-2-48
12-31
$25c
$$1.25
t$1.25
.
/.Quarterly
Linoleum
&
12-31'
2-2-48
|jtd.—
Co.,
$40c
io-1 ;
10-31
$50c
.......—
■
9-30
1
10-15
9-25
Tar &
Dominion
Common
Indianapolis Power & Light—
r Common
(increased quar.)
Brownhoist
(qixar.)
'■
Extra
11- 3*
Montgomery Ward & Co,
10-15
10- .2
10-15
$3.25
15c
11- 1;
Morrell
,11- 1
$37%c
$37Vic
10-15
9-154
10-15
9-15
$1
$1
10:15
10-15
9-15
9-30
7% preferred (quar.$$L75
7% preferred ($5 par) (quar.)..,.-..-^
$8%c
Interstate Department Stores (quar.), 50c
Investment Foundation, Ltd.—
»
■
11- 1
11- 1
10- 2
10- 2
,6% convertible preference (quar.)$750
Investors Management Fund, Inc.—
10-15
9-15
10-15
9-38;
■
Bronze
International
Ltd.,
Powders,
com...
Milling.Co., 4% pfd. (quar.).
International Nickel Cb. of Canada, Ltd.—
.10-15
■
$25c
11- 1
10-
l "
$25c
11-
10-
l
Investment' shares'
/
$25c
(quar.)
Voting trust certificates
(quar.)
preferred (quar.)
s
Textile.Co., Ltd.—
preferred
(quar.)
$1
—
10-1,
9-
1
Isle Royal Copper
Italo-Argentine Electric
CO.—
Dominion
*
7 %
Donnacona
Ltd.—
Paper,
preferred
(quar.)..
preferred (quar.)
Ibucommun Metals & Supply
11-15
10-15
25c
$1
67 7/10c
10-15
10-
1
10-15
10-
iv:
10-15
10-
l-t
-
87y2C
10-25
10-10
$1.12%
10-25
10-10
-—
—
17c
Corporation
(quar.)—
Eastern
Massachusetts
Street
Steel
Electric
Boat
Co.,
Radio
Emerson
$2: preferred
&
N.
Fashion
D.
Life
Extra*
1
6%
10-
6
10-10
10-
1
10-15
11-28
I-2-48
4-1-48
4
12-18
3-16
1
10-15
10-21
11-
10-21
10-31
$1.0614
(Wash.,
Corp.
Finance
9-30
11-
10-31
50c
37 %c
—
-
Tire
Firestone
Rubber——
&
Ford
preferred
Kansas
Stock
Foster
Kleiser
10-14
$1
10-20
10-4
17VaC
12-1
$250
10-
Extra
Fuller
10- 6
'5%
10-29
10-15"
II-15
11-
10-15
10-31
9-30 '
9-30
10-25
9-30
Co.y
-x
>
Corp. com. ;—
Capital Corp.—,—.
General
General
Electric
Co—
i5c
25c
—
Little
7
11-
1
1
11-
•
1
"10-17
10-
V
9-30
'10-25
9-19
General Finance Corp;—
$4
preferred
5%
A
$1
(s-a)
General
Foods
General
Investors Trust
11-25
11-10
25c
(s-a)
series C
preferred
11-25
87 %c-
Corp., $3.50 pfd. (quar.)——
6C
(Boston )__y.,
preferred ■■ (quar.) —J-i——
MUls;- Inc. (quar..)...it.
$6 preferred (quar.)
$5.50 preferred (quar.)
$4 conv. preferred (quar.)
General Steel Wares, Ltd., common (quar.)
General
10-20
i'
9-19
20c
11-15
10-17
Common
10-
Common B
1
3
9-30
10-15
11-29
11-25
5%
15c
10-30
10-16
$1.25
50c
1
10-25
10-
11-
1
10-1
10-25
10-10
Golden State Co.,
40c
10-15
9-22
40c
11- 1
10-15
11-
1
10-15
10-10
9-30
50c
—....
$1.75
7% preferred (accum.)
Grayson-Robinson Stores—
$2.25 conv. pfdk (quar.)
Great American Insurance Co. (N. Y.)—
Quarterly,
*;
Great Lakes Power, Ltd., $7 pfd. (quar.)—.
Green ,(H. L.) Co., Inc. (quar.)
_
Tap
Griess-Pfleger
Extra
&
Corp.
Co.
Products,
Inc.
Harbison-Walker
(stock
9-30
50c
11- 1
10-15'
30c
10-10
9-30
11-1
10-15
50c
11-
1
10-15
Marshall-Wells
(irreg.)
$2.50
10-21
10-1
11-15
11-
1
Co.
50%
12-1
11-
12 1
1
11-15'
10-20
10- 6
$1.12%
(quar.)
10-15
9-30
683/4C
25c
—
Harvard
11-
1
10-15
1-15-48
1-
5
5c
10-22
10- 3
15c
Brewing Co
Lithographing Co., common
6% convertible preferred (quar.)
;«
Haytian Corp. of America..,———
'Hecht Co., common
(quar.)
3% °/o preferred (quar.) —-——-.———
Havana
10-15
9-30
37 %C
5%
preferred
10-15
9-30
$1
.
Powder,
10-17
10-1'
Hibbard, Spencer, Bartlett & Co.
Lumber
Barbizon,
3%%
(monthly),
Corp.,
(quar.)
conv.
pfd.
'■
II
-
.
^
-
43%c
*
Metal
8c
Michigan Bumper Corp. (increased)
Michigan Gas & Electric—
V 4.40%
preferred (quar.)"..
Midland Realization (liquidating)^
10-20
10-15
37 %c
11-15
10-25
$1
11-15
10-25
25c
10-31
10-21
25C
--
10-15
9-30
10- 1
10-15
10-25
9-30
30c
11- 1
10-20
"$6
10-10
50c
10-15
9-30
93 %c
10-15
10-
9-30
6
$2.50
10-15
10-
8
7%
preferred
Glass
(quar.)
Products
A stock dividend of 1%
Utilities
Co.
for
each
Paper
•
'
9-25-'
Missouri
12,-30
Modern
$1.25
10-15
Mohawk
11- 1
10-15
1
10- 7
62 %c
11-
1
10- 7
Electric Service
Works,
y-
$1.
50c
11-
1
7%
Rubber
Ltd.
Monroe Loan
4%
preferred
(quar.)_
Society, class A (quar,)
10-15
40:15y
10-15
9-25
75c
10- 3-
10-15
10-15
11- 1
9-30
9-30
10-15
'
10-15
5c
40-15.
10-23
16-31 Z
5
1
10*10.
$2
•
40-10
10-1
50c
1-1-48
25o
;
(quar.)_
11-15
12-15
11* $
Engineering
25c 2-15-48
$75c
11-15
$$1.50
pfd.
(quar,)....
10-15
10-10
Corp
Power 4.25%
2-5-38
11-1
10C
——-
$1.06yv
10-1
9-30"
11-1
10*10
11- l
10-15*
Salt Mfg. Co.—
87%o
........
&
Rubber
$1.37%
Co
10-15
9-22
10-10
9-25
12y2C
10-25
10-1
4
$1.50
11- 1
10-1
4.40% pfd. (quar.)—
preferre-d
(quar.)
Philadelphia National Insurance (s-a)
$1.10
11-
10-10
(quar.).—
...—
......
10- 6
10-22
10-
10-22
10- 11
r>oc
.■
37%tC
• $1
"
10-10
10*15
*11*
1
0-3O
10-15"
90c
11-
50c
10-20 '
10-' 6
$1
10-15
10-4'
$1.75
10- 7
0-10
15c
10-21
'9-29
10c
10-21
*
—
9-19
10-20
40c
,
10-15
50c
,
11-1
35c
Participating preferred (s-a)
Philip Morris ,&> Co.; Ltd. com, (quar.)....
J4%1 preferred- (quar.)
$3.60 preferred (quar.)
Piedmont & Northern Railway (quar.).....-.
Pillsbury Mills, Inc., $4 preferred (quar.)..
Pittsburgh, Port Wayne Ss Chicago Ry.—
7% preferred (quar.) ....
—...
Pittsburgh Screw & Bolt Corp
.'Extra
1
95c
Philadelphia & Reading Coal & Iron
Philadelphia Transportation Co
Tool
9-26
;
9-30
12-15*
9-25',
'
" '/
.
10-1;
10- 2
Co...
25c
Gas
Light, $5 preferred (quar.)..
Corp. of Canada, 6% 1st pfd. (quar.)
}6%-non-cum. partic. preferred (quar.)...
10-15
'
11-
40c
15c
Preston
9-25
"
10-
l
10-15
9-29
9-25
10- 1
10- 4
50c
10-15
10-15
10- 6
-
6
9-30
10-15 *
10- 6
10.-15
$1.75
0-30
10-
10-15 :
10-15
-
9-26 /
$1,V 10-15
-
""a
Portland
11- 1
10-6
1-2-48
; 10-15
'9-30'
*
10-15
: 9*30!
10-31
$12%c
10-1
10*15
i
$1
,
•
6
Aq-'so.
10- 1
*
10-
10*15
50c
$1
$1.50
—
—
10-15
10-29
10-20 '
10-20 •
15c
Co
Valley Water Co.—
preferred (quar.)
-.-i-r-
11-15
50c
1
Plomb
11-15
(s-a)-J.i..1
(quar.)
Monogahela
11-
&
10-15
10-15
Plymouth Cordage. Co. com......
6O0
Employee's special stock
60
Portis Style Industries—
...—IOC
10-20
$2.85
15c
Mississippi Gas & Electric Service (s-a)__—
'Mississippi Power & Light,-$6 pfd.-(quar.).
12-20
Tire
East
Proctor &
-
9-15
10-31
11-15
3.80%
•
*
10-10
%1.12Va
f23c
$$1.75
(quar.).
9-30
10-14
10-15
—.
10- 7
Gas
10-^1
,
,
(increased)
11-
Inc. (quar.)
Co,.......—....
&
preferred
Power
10c
Tool
'
....
;
11-15
(irreg.).,
Philadelphia Co. com.
6% preferred (s-a)
Philadelphia Electric,
-
10-15
11- 1
share of Midland
Miller Manufacturing Co,' /
Conv,. class A (quar.)
Ontario
(quar.)
conv. preferred
preferred (initial)
Peoples Gas Light & Coke (increased)..
/
shares of Midland
—
11- 1Z
.......
Pharis
10-31
11-14
$1.10
79c
Midland Utilities Co. (liquidating).^_.
Midwest Piping & Supply
...............
&
Tilford,
Davis
Pennsylvania
Pennsylvania
Pennsylvania
New 3%%
9-30
2c
■
*$$1.25
y.
10-10'
$1.75
-
Realization outstanding
Minnesota
9-30
9-30
' 15c
^
•...
.....
.
&
6%
.
10-20
10-10
$1
25c
-—-
.
:
5c
26c
20c
75c
•
_
4
11-15
"
10-15
9-20
10J15
9-20
10-31
9-26
, 12-15
12- 1
10-21
9-30 .:
10-18
9-30
11- 1
10-15
;V; 11*30 > *' Itv20.^
•
Mercantile Stores Co.—
50c
(qiiarlj
(quar.)
■
$20c
•
8
(increased)-
Huttig Sash & Door, 5% pfd. (quar.)
Huyler's. $2 partic. 1st preferred (s-a)—.
;
$1 convertible 2nd preferred (s-a)
& Bobbins, Inc.—
preferred (quar.)
J
McLellan Stores Co. (quar,).
11-
ic
Scale, 5% preferred (s-a)
Howell Electric Motors Co.
(quar.)
Humberstone Shoe Co., Ltd/'(annual)*,,,
5%
10-15
10-15
10-17
10-15
10c
50c
McKesson
10-
Howe
Illinois Power Co. com.
50c
$1.06%
......
$4
10-15
$0.59375
series A
Companies,
0-3O U
10-30
50c
Telephone Co, com, (quar..i.—
preferred (quar.).........
Sl
preferred (quar.)....-..-........^..
Penman's, Ltd, common (quar.)
9-30*
10- 7
9-26
9-26
9-30
10- 2
10-3
9-30
10-15
...
10-' 8
•
1,
—
10-31
(quar.)__
(quar.)
com.
.i._
Park
Parke
9-30*
10-15
Oil Co., Ltd.—!•
"
(quar.)
—.
$$1
McFadden Stores,-Inc., class A——1%%
Class B
-L_—; .1%%
McGraw-Hill Publishing
25c
11-15
Inc.—'
Finance
preferred
13 %c
10-15
ll- 1
preferred
10-31
"
Household
Factor. Ss Co., class A1
Corporation (quar.)
McClatchy, Newspaper, 7% * preferred (quar.)
40c
Co.
Hoe
(R.) & Co., class A
,Holly Development Co. (quar.),——
Horder's, Inc.
(quar.)
Hotel
10-15
10-15
6 1
20c
Peninsular
-—
$1.25
Steel Products (quar.)
Hershey Chocolate Corp., new com. (initial)
$4
convertible .preference
(quar.)
(Edward)
9-15.
McCall
4%
10-13'.
11- 1
<
•
55c
common
Pacific
American
Fisheries, (extra)
J>
50c
Pacific Gas & Electric Co. (quar,).60e
Pacific Lighting Corp., $5 pfd. (quat.)—
$1.25 :
Pacific Telephone & Telegraph—
;
_•;*
6% preferred (quar;)...,
$1.50
Packer
Corporation
(quar,)
50c
Panama Coca-Cola Bottling Co
30c
10-17
10-15
(quar.)
—
$17%c
Co, common-.—...———$1
93%c
(quar.)
Hercules
Hines
(quar.)
preferred
Elevator Co.
Paraffine
McColl-Frontenac
$1.50
—
''
Hercules
7%
9-30
9-30
0-30
Max
Refractories
Tobacco
7%
'>
10-15
-
(Minn.)—
Products, Ltd. com
preferred (quar.)
10-15
10-15
10-15
$1.50
$1.06V4
20c
Mar-Tex Realization Corp
—
Massachusetts Investors Trust—..—.—
—
Common
.
11- I
<.
>
8teel
9-16
50c
10-15
'
Gas,
Corp, 4J/2%
9-16.
$1.06 V4
$$1,75
10-31;
preferred
10-20
common
preferred
(quar.)...
—
Macy (R. H.) & Co, 4V4% pfd. A (quar.).
Mading Drug Stores, common (quar.)
55c preferred (quar.)..A^^:
,
Mahon (R. C.) Co, $2 class A pfd. (quar.).
Maltine Co., 4Vi% conv. pfd. (quar.)———
Maracaibo Oil Exploration
;
Marchant Calculating Machine Co. (quar.).
Maritime Telegraph & Telephone, Ltd.—
9-19
dividend)
V
preferred (quar.) —i-Harrisburg Gas Co., 4%% pfd.
Hartford Electric Light (quar.)
Hartman
Forbes,
6%
10-15
S20o
Corporation
&
Co.
$1
11-15
Gypsum Lime & Alabastine (Canada)—.
Hajoca
MacAndrews
11-20
12-10
,
...
Patchogue-Plymouth Mills
30c
..._y,y
$5 pfd.
(initial)
43A%
$1.25
31%C
....
7%c
(quar.)
(quar.)
Ohio RR„
par)
preferred ($25 par)
Lowney (Walter M.) Co., Ltd.—
Increased quarterly
Luzerne City Gas. & Electric—
4% %
preferred (quar.)
66 Vic
—
•
Gulf Mobile &
Gum
Die
Tanning
($100
Power
Natural
10-20
(Ky.), common
(quar.)
25c
__
-
Greenfield
10-10
preferred
25c
87%o
10-
10- 2
.
0-12
10- 6
10-15
10-17
10-16
37%c
25c
37%c
;
5 %
62 %c
(quar.)
Co.
16-15
15c
.............
—
••
« :
*-
10-16
$17%0
(quar.)
*♦
11-1
Otis
(quaf.)_.
Louisville Gas & Electri"
25c
Ltd., common (quar.)
Hosiery Co., Inc. (increased quar.).
A
i'U
•
0*30
Oliver
$1.50
'
-
10-15
9-30
Ontario
Louisiana Power & Light, $6 pfd. (quar.)..
Louisville Gas & Electric Co. (Del.)-—
'>,
10-15
10-1
9-30
11-
10-15
•*-!
20
(accum.).
.
States
Oklahoma
10- 1.
t20c
1
-
11-10
-v.-,. t
Oklahoma Gas & Electric com.^
4% preferred (quar.)
10-27
9-30
,
'0-30
16-10
10-15
'It- 1
1
11„
25c
10*16
10-20
10-21.
10-1
10-1'.
12-22
Jl- 1
U- 1
1
$5
-
,
9-30
v
10-20
11- 1
10-10
10-10
$2
10-15
10-10
11- 1
$1.75
1-2-48
$1.75
$2
11-
$1.50
93%o
$1.50
preferred
15c
,
11-1
'4^yef (Charles,.^y/$lv^40*^6'^ ' 10*2
Ohio? Match 0o. (irreg.)
r
75o ^ 10*15 '" 0-26 "
.
.
10- 1
•
97%c
10-
10c
.,
10-15
$1
10-1
10-14
$2
i-...
9-30
10-15 r
$1.25
$1
7%c
10c
...
1—
Gotham
Goulds Pumps Inc.,
$1.10 3-10-48
-
ll-2tv
2-23
11-21',
2-23.
Los Angeles Investment
(quar.)—_
—
12-ld
$1.10
;
0*30
10-15
$3.60 preferred
(quar.)
90c
Northwest Airlines 4.6 %; pfd. (quar.)....... A 283/4C
No-Sag Spring Co. (irreg.)
25c
9-30*
.
11-1
11^1
-
10-15
50o- 12-1050o 3-10-48
11*1
1
10-15
.
$7%c
>
75<T
..
Northern
.
.
10*16
10-15
1
12-1
20c
(initial).:
10-38"
■■
12-
$12c
held.
common
$0- i
9-30
11-
each
11- 1
v
10-10
$1
New
7%
(quar.)^...^.....^.^,
(quar.)..
preferred (quar.)
Taylor, 8% 2nd preferred (quar.)
for
11- 1
Longines-Wittnauer Watch Co, com. (quar.)
,2nd
Power
1
12-1
50c
,
10-15
11- 5
1
50c
.....
350
>
11-
11-
$1.183/4
....
9-15"
10-31
11-15
75c
—
(quar.)
-5% • preferred (quar.)
Northern States Power (Delaware) r~
; 6 %
preferred
(accum.)
8% preferred (quar.)
Company ...
;....
1
Loew Drug Co, Inc., 30c preferred
Lonergan Mfg. CO, class B (quar.).—..
Lord A;
;
„
10-21
L
10-15
25c
53y8c
North River Insurance Co.
(quar.)
Northern Illinois Corp.—
$1.50 convertible -preferred (quar.).—.
Northern Indiana? Public Service***!
4
>
Lord Baltimore Hotel—
37%c
(quar.)
1st
shares
•
1
10-25
■.
9-30
12-31
9-30
»
10- 1"
-
Electric
,1
10-13
10-15
North American Refractories—
1
$1.12%
Extra
10-31
$25o 1-31-48
$1.30
10-15
12%c
11- 1
Lock Joint Pipe Co,
Extra
10-3
11-
—
$4.50; preferred,
9-26
(initial qu&r.)..
common
RR^-r
(quar.)
(quar.)
consin
9-30
12* 5;
11-1
(Stock dividend) A second partial liquldat*
ing distribution* of one share of Wis-
10- 1
10-20
11- 1'
$$1.25
common
10-15
10-15
11- 1
11-
Casting
Inc.,
10-10-
11- 1
$1.37%
(quar.)
Brothers,
10-15*
$1.50
(quar.)
Gerrard (S. A.) Company, preferred (s-a)
Gibson Refrigerator Co.
(quar.)
Gillette Safety Razor Co., common (quar.) „
$5 preferred (quar.)
.i..—
Gimbel
10-15*
10-28
37 %c
■
<r
Die
10-28
10*20
■
preferred (accum.)
& Western Railway Co.—
adjustment preferred (Initial quar.).
North-American Co.—
t
10-15
10-15*
10-26.i
1-1-48
New
10- 6
General Public Service,
Gerity-Michigan
11- 1
10-28
10-36
20c
Brunswick
5%
10-11*
$1.50
Norfolk
93 %C
'K- $3.75
preferred
12- 4
-
new
Co.
;
1
11-
10-15
!
(s-a)
(Ind.)-—
Lbckwood
11-10
'
5%
12-11
10- 8
v
1
10-15
40c
Co,
Miami
Corp.
-
10- 2
.11-1
(quar.)
Water
-10-15 i
'
-
Telephone, Ltd. (quar.)
England Gas & Electric Assn. (quar.).
New York Air Brake Co. (special)
New York Power & Light—
•3.90% pfd. quar.)—.....
Newark Telephone (Ohio), 6% pfd. (quar.).
Newberry (J. J.) Co, 3%% pfd. (quar.)..—
Niagara Hudson Power Corp.—
12-22
.
Special guaranteed
.Special-guaran$eed
Original capital
Original capital
9-23
10-15
•
45c
—
———
—
Lion Oil
10-15
Car
Co.
9-30
10-15
$15o
.....
.
Bros, 4%% conv. pfd.
Bedford Cordage, common
Class B
^
Reduceti
9-30
dividend
Quarterly
10-15
10-
12 %c
y
Stock
Lincoln National Life Insurance Co.
10-31
11-
—.
(quar.)
10-15;
10-15
(quar.)
9-30 :
10-15
-
15c
New
9-30
10-15
*
1
26
pfd.
New
11- 5
10-15
$25c
-11-
i'9- 9 :
•
20c
.....
37%c
.
1
7%; preferred (s-a).$3.50
New Bedford Gas & Edison Light Co.—
9-22
12-31
-
..
11-
.
9-30
37%c
$1.12%
5.2% pfd. (quar.)
Liberty Loan Corp, 50c preferred (quar.)_.
Life & Casualty Insurance Co. of Tennessee—
10-15
-
.
$3
96V4C
50c
h.
...
y;'
^
10-15
.-
Naugqtuck
10-11'.
10-15.
11-10
30c
Quarterly
Lexington Telephone Co.,
Steel
Tank
•
5%
.
National
National
9-30
50c
$75c
(accum.)
Stores, common (quar.)
4ya% preferred (quar,)
Lewis Brothers, Ltd. (quar.)
10-31
15o
.
1
9-30
10-25
$50c
—...
preferred
Cable
General
pfd.
conv.
10-15
10-15
^
National Tea Co. 4%%
12-22,V
10-20 :
15c
New
,
10-15
1
50c
■
(quar.)
Nelsner
11-15
f;
9-27
9-30*
9-30
50c
Lerner
-
(quar.)
conv.
11-15
12-15
Lehman Corp.
$35C
$50c
Mfg. Co.-4--:—
4
10-28
12-15
Lefcourt Realty Corp., prior pfd. (quar.)—
10-15
12 %c
——-i..
Co., 5*%
General Baking
10-10
10-15
9-30
1
1111*
"
15c
(quar.)
:6% preferred" B><;(quar.)^.
iNational Lock Co, (quar.)
$1
10-25
$12.50
(irreg.)
-
Gabriel
25c
$1.50
$3c
3c
Stock dividend
10-29
}l2i/2^*»ll- 1
Freiman-A A. J.), Ltd.,-common (quar.)_*s.
11- 1
$$1.12%
4Vs% preferred (quar.)——————
10-31
;i2%c
Froedtert Grain & Malting, com. (quar.)..
$2.20 preferred
10- 1
——
10C
————
Co.
9-30
10-
Lawyers Title Insurance, 6% preferred (s-a)
pfd. (quar.)
40c
(quar.).
9-30
10-15
56%c
......
10-16
Lees (James) & Sons Co., 3.85%
Lee Rubber & Tire, (quar.),
37%c
<•"
12-1$
*
40c
Corp.
National Fuel Gas Co. (quar.)
National Hosiery Mills, Ltd.
10-31
Gold Mining Co., Ltd. (irreg.)
$3c
11-1
Co., 4%% preferred A (quar,)
$1.21%
12-29
Kroger Company
*
7% 2nd preferred (quar.)
—»
$1.75,. : 11- 1:
Labatt (John), Ltd.. (extra),
$25c
11- 1
Laclede-Christy Clay Products
—35c .11-29
Lake Dufault Mines, Ltd. (interim)—,,,
/; 5c
11-20
Lake St. John Power & Paper Co., Ltd.—
Quarterly
$$1.50
10-15
Landis Machine Co. (quar.),,
25c
11-15
Langendorf United Bakeries, Inc.—
10-15
common.
Share
9-30
:
*■■■''•'
"
12-28
10c
National Lead Co.— *
Kroehler Mfg.
,10-15
^
Common (quar.)
National Food Products
9-18,
Kirkland Lake
$25c
.—y—yji-———
-
6
9-5
10- 1
5c
(quar.)
Langley's Ltd., 7%
75c
~
Department Stores Corp. (quar.25c
National Distillers Products
Corp. (quar.)_.
50c
National Electric Welding Machine—-
9-26
$4.50
Extra
9-30
9-30
10c
&
11-15-
,
,
National
,
'
Kellogg Company -—„
Kentucky Utilities, 6% pfd« (quar.)
-—
Kerr-Addison,. Ltd. (interim)
Keystone Manufacturing Co. (quar.)
11-20
10-25
■
'Extra
16%%
9-30
Co. of Canada, Ltd. (quar.)
Companies, Ltd, (quar.) —
Extra
'
Stock dividend
10-15
10-15
-
,10-15
10-15
-
Clas3 B
Foundation
Fraser
10-9;
$2 class A (quar.)_
$1.75
Co..—
West Sixth
11-1
Extra
dividend4
&
National Chemical & Mfg.
preferred (accum.)
Kansas-Nebraska Natural Gas—
9-30
;
Four-Twelve
10-18
City. Structural Steel—
9-30
(cash dividend)
Brewing Co.
Biscuit
Bond
National Cash Register-Co.
6%
10-15
..
B
Pitt
National
National
—
$1.50
(quar.) ———...—; •
of Canada, Ltd., class A—.
Co,
Motor
Class
■
Fort
'
Jones & Laughlin Steel,- common
50c
Jopliq Water Works, 6% pfd. (quar.)—$1.50
Journal Publishing'Co. of Ottawa, Ltd.—Quarterly
1~,
$17c
Kansas City southern Ry., 4% pfd. (quar.)
$1
Fitzsimmons Stores, Ltd.—*
V %
9-27
11-25
Co,
12-3
10-20
10-20
>
System 6% preferred (quar.)
Narragansett Electric, 4%% pfd. (quar.)„_.
National Battery Co
•
?
j
11-15
62%c
(quar.)
10-15;
10- 1
'
'
12- 3
62%o
...
Mutual
9-30
10- 6
10- 6
10-15
; 10- $ v
10-10
$1.50
10- T
,f
;
of America—
\ preferred (quar.)
Mutual Investment Fund
10-31
12-10
11- 1
.
11- 1.
'
lc
79c
3%% preferred (quar.)
933Ac
Johns-Manville Co., 3%% pfd. (quar.),
87Vic
Joliet & Chicago RR. Co.—
Stamped common :~i
—$1.75
10-11
" "
(quar.)
;
62%c
Jewel Tea Co.,
9-15
10-30
56%c
<
Telephone & Telegraph-—
m Reduced
quarterly .1^...
,
40c
j
11-10 ;
.9-15
10-15
50c
common
(quar.)^
conv. pfd.
(increased)
i
12- 1
10-15
lc
Mutual Chemical Co.
.
(quar.)
A
Power,
(quar.)
'5%' preferred
Mountain States
f
10-23
.
quar.)„—
(quar.).....
'
(final)
Co.
10-15
w——<—
(quar.)—
;—
Cleaning & Dyeing .Co.—
preferred
(quar.)
—
50c
.
(reduced
"
'
Co., 5%
50c
United
7%
L.)
50c
(quar.)i.——....
preferred
Fenton
11- 1
$2.50
(.irreg.)—
(Syracuse,
Ins.
Machine
11-15
1
30c
y—...—-yy..
C.); common
3'
12-31
12-
J15c
Inc..
Services
9-
10-25
1-25-48
$2.50
Ltd.
Mines,
(quar.).————com. (quar.)
convertible preferred (quar.)
4y»%
6;
25c
Federated Department Stores,
Federal
10-
350
(quar.)—_
Park,
10-0/
$1
——
Traders
&,
Y.)
Quarterly
-
10-10
10-15
$1.25
—
..j......——...—
Palconbridge Nickel
11-15.:
(F.
Jaeger
11- 3
$1
preferred (quar.)
preferred (quar.)
5%
12- 1
12-15
25c
-
Mills,
1
50c
V'
——-•
5%
Co.,
Esquire,- Inc.
JFabricon Products
Farmers
10-15
Equipment ..(quar.).—"
—
Railroad
Esmond
12-
11-
$15c
Phonograph Corp.
Quarterly
..
1
12-18
100%
(quar.)__.
(quar.)
&
Derrick
Emsco
Erie
10-15"
$1.50
Products, Ltd. (quar.)
Works (stock dividend).—.
Dorado Oil
1
$1.B$
preferred A
r>y 6 % preferred B (accum.)
Eastern
10-15
11- 3
Railway—
•V 1st
El
11-
20c
Co.
-1
Eastern
shares
Jacobs
$1.12%
—
American
9-15
'
s
$3.$0
$4.50
.
10-15
$$1.75.
*—
y
convertible preferred (quar.)—
Dow Chemical Co., new common (initial)
$4 preferred A (quar.)
2nd
preferred
(initial)
duPont (E. I.) de Nemours. & Co.—
4Va%
10c
...
$L62%
500
$40c
37%c
(quar.).^..
com.
Quarterly
Extra—.—...
9-25:
•<
'
Mining &• Development—
Mountain States
10-15. i
Holder*
Payable oj Ree*.
1
Motor" Products CdrpL..^...Mount Diablo Oil
'
1
Telegraph Co.
(John) & Co.
$2.25 preferred series
;
y.
,
'
Morris Plan Corp.:of America—
10c
-
Co.
pfd. series A (s-a)-.--.^.—.._.^.
Montreal
37V4o
:
A7
Per/": When.
Monsanto
Chemical
Share
'
10- 9 1
11- 3*
•
Industrial
/--■■I
Company -
Name of
.
11- 1
11-20
'
Square Corp.
(initial) ....—
Chemical Co., Ltd.—
Dominion
11-
:
Payable of Reo.
-
15c
$25c
(quar.)
(quar.)
Oilcloth
—
11-
preferred
Dominion
9-30-
Monday, October
:
11-20
18c
15c
-
10-15
(quar.)
preferred ■ tquar.)r-_„»i_----v.-i^-*--.
5%
Co.
11-
$37 %c'
Glaso Co., Ltd., common (quar.)_
preferred (quar.)
Dominion Malting Co., Ltd., com. (quar.) —
Common
Zinc
$75c
7%
,
Illinois
(quar.)
;(quar.).
$20c
—
iA-.'.
CHRONICLE
Sfiare
RR.
$44c
(quar.)
Dominion
.;. 5%
10-31
of Company,
Terminal
.Extra
(quar.)
common
(quar.).—
preference
11-25
Illinois
:
:
FINANCIAL
Holder»
Name
9-30
10-30
$30c
Mines,
&
-
Payable of Rec.
Share
Name of Company
•
Dome
Holier»
When
Per
COMMERCIAL
Dome
Gamble
Mines,. Ltd.
Co.
8%
$1.25
$$1.50
10-15
9-30
5
$l%c
pfd. (quar.)
-
10-15
$2-^
Proprietary Mines, Ltd. (interim)
$3c
Prosperity Co, 5% preferred (quar.)
$1,25
Public Service Co. of Colorado, com. (quar.)
4IV4C
.4%% preferred
(quar.)
—$1.06Vt
^
10-15
.
6
%
•
10- 4
10-16 / 10- 6^
11- ly » 10:15
12*' 1 ' > 11-14
■
50c
50c
preferred (monthlv).—.——.....
preferred (monthly)
.:—........
Puget Sound Power & Light—
$5 prior preferred (quar.)
Puget Sound Pulp & Timber, 6%
Quaker Oats Co, common (irreg.)
preferred (quar.)
■16%
Quebec Power Co. (quar.)
Rayonier, Inc., common
0-15
> 9-19*
11- 5'
Public Service Corp. of New Jersey—
6%
9-19
$75o ; 40-15,; .0-19
.
(quar......
41-15
10-15
10-15
"v 0-15
.vl#;:4.*•
....w-
-
preferred—x
:—...
$1.25'
30c.
10-15 r
"
75c
$1.50
10-10
11-29
11-25
%
$25c
50c
y
0-26'
1-1-48
'
9-12
11- ly
10-17
10-15 ^ 9-30
Number 4635
THE
When
Per
Name of
Reading
4%
Red
-
,
Company
Co.,
Share
^
(quar.)——
common
2nd preferred (quar.)
Top
Class
Brewing
B
Co.,
class A
t, ;.
S.
7%
Robinson
Extra
15c
7%
preferred
Fifth
250
4%
1
class
A
St. Lawrence
7%
(
preferred
11-15,
500
11-1
10-15
6%.
San
.»San
25c
A10-15
"
5%
6%
-
$1.50
10-15
:
Common
(increased)
Operating
expenses and
37V2C -A 10- 6
25c
12-20 A 13-13
Tobacco, common
.
.
10-15
10-15
-
,
5%'
10- 4 '
•
Vapor Car Heating Co.—
10-6
11- 1
9-20
10-15
9-25-
.'4,;A*$i:V11- 1
50c
r
A
'
-
7507? 1-1-48 ,..i 12-30 >
B6V4O l-l-*a
12-30
62Vac 4-2-48; ; 12-22 .;
7
"
*
27c
.
;
10-15
10-1
$1.75
12-10
12-; 1
$3
50c
10- 7
11-1
Corp—-————;——
50c
11-10
10-20
Victor
10- 1
10-15
20c
10-20
10-
$1.35
10- 5
10-1
25c
10-15
10- 1
85c
.11-1
Manufacturing Co.—
$3.65 preferred
(quar.)
Scranton Electric (quar.)
Seabdard
5'/2%
Container,
class
convertible
A
siy+o
(initial)
12»/2C
preferred
Security, Storage Co,
Shattuck-Denn
(quar.)
Mining
11-
29«/2C
(initial)
Seaboard Oil Co. of Delaware (quar.)—^—*
~
11- 1
—
11- I
l
12-15
10-10
IOC
11- 1
$30c
(irreg.)
—
11-25
*
I
133/4C
10-15
25c
(quar.)
11-15
Steel
& Iron
(irreg.)
Corp
Smith (Howard)
Paper Mills, Ltd.—
Common (quar.)
i.4%
preferred (quar.)
Society Brand Clothes, Inc. (quar.)—
South Pittsburgh Water. 4V2%
pfd. (quar.)
(A.
$4.50 pfd. (quar.)
$4.25 preferred (quar.)
70c
11-
Extra
Greyhound
Lines
(quar.)
Co.—
West
.
11-10
7%
preferred
preferred
West Virginia
—
Co., Ltd.—
Year-end
37%©
10-31
10- 4
28c
10-31
10-
$3.50
10-15
,
10-15
10-
10-15
50c
11-
6%
preferred
(quar.)
6%
preferred
A
Southern
participating
preferred
Southern
Colorado
Southern
Franklin
Process, 7%
Indiana
Gas
4.8%
preferred
Southern
11-15
$2.20
Power
(quar.)
(quar.)
$1.25
10-15
$1.20
*
England Telephone—.—
Telephone—
preferred (quar.)
Life
Insurance
(Dallas)
1
A
10-15
10-15
9-30
5%
Western
*
Public. Service—
40c
32-
1
11-15
Westvaco
92%C
.11-
1
10-15
r-
—
97%c
11-
1
$1,033/4
11-
1'
v
50c
12-15 >
12- 8
75c
10-15 A
10-
>;10-15
G.)
&>Bros.
(s-a):
1—*-
'
Squibb (E. R.)
$4 preferred
/
———
10-15
■
8
933/4C
*
10-15
11- 1
10-15
60c
—
10-15
50O
•
10-30
Wood
12-10
..-Quarterly
Stanley Brock, Ltd., class
aa
Class B -(quar.)**—
Woodward
A
(quar.)
$15c
11-
Corp;
11-
of Canada. Ltd., com.
preferred
(quar.)
$750
$433/40
(quar.)
—*
Participating
11-
$31»/4C
Sterling Electric Motors,
(quar.)
11-1
Haute
1-2-48
,
11- 1
preferred
•
5%
preferred
preferred
6%
'
m
■
,
r*
;
Less 30%
$Payable
C
"•
-
Canadian
U.
8.
11-
1
12-1
11- 1
of
10-25
.
2-1-48
General
—
*
10-20
1-20
37V2c 4-30-48
4-20
7-31-48
11-1
Co.
$3.50 preferred
.
.
Operating
?
'
Class B
of way
Maint.
"
1
'
11- l-
$37Vic
.
11-1
x
,* ''
.
of
Other
A
87%C
92V2c.:
Net
;
A
11-15
10-31
11-15
& struct.
equip.
:
tax
deductible
Less
a
15%
generally
' ■J' '' :^'s
1
-
the
at
Non¬
source.
Income tax.
non-restaente'
tax
for
the
maintain
it
is
its
the
account of
65c
A10-10
9-30
11-1
10-15
15c
11-
1
10-14
10c
11-
1-
;
Total
Deducs.
..
from
income..
-
v
-
10-14
Bal.
avail,
for
stock
the
($1
stock
which
In the event this
of, the. corporation that itits own account.
How¬
as well as
its
on
upon
account
own
such
.
:
would
as
.
,
„
TO
be
t
a
every
'
-
;
par)
PRESENT - OFFERING
,
(par
50,000
warrants
$10)
•30,000 shs.
.*_*—_*__**
:
shares
and
are
45,000
reserved
shares
Outstanding
420,000 shsj
15,000 sb&
•1,000,Of 0 shs..:
:*
^
for
are
issuance
reserved
the
upon
for
exercise
issuance
upon'
$50,000
31,000
operating
Net
$7,120,446 $56,171,779 $57,435,918
1,131,543
6,826,552
1,959,127
-44,053 a-
49,550
A
336,932 ■>
447,462
$1,181,093
$7,163,484
sJL12,172
36,410
•.
p.
dividend
stock,
$1,024,180
•
$1,177,361 $7,051,312
'
\
a;
-
'
.a
.
a
3,938
discount
$38,100
8,162
i__
$29,930
*
1155.
'
'
a
-
-
A:
of
payable
of
cents' per share has been
Nov. 20 to holders of record
70
50 cents
made
as
on
June 20,
declared
Nov.
on
10.
this makes
compared with
one
the
r
common
Together
a
total
dividend
of
of
with
$1.20
30 cents
paid last year on Dec, 2O.-7V, 165, p. 2804.
.
(L. C.) Smith & Corona Typewriters, Inc.—Calls
a
at
$2,370,179
$34,162
•„
*-_A
share so far this year,
per
All
of
1949
'.A- .V
operations
profit—1.
166,
A
$2,406,589
.-,3,732
-
44,855
income-
and
1947
$79,017
:
income
the payment
•
" ' *
a
•
.
SIoss-Sheffield Steel & Iron Co»-—70-Cent Div.—
27,659,640
4,889,893
—V.
expenses
from
profit
other
Total
4,775,092
984.803
41,000
TRANSFER
Net
29,367,726
-
on
give
<
,
AGENT AND REGISTRAR—The transfer
agent for: the?
corporation is Corporation Trust Co., New York and
Jersey City, N. J.,
and
the
registrar is Registrar and Transfer Co. of New York
and
Jersey City, N. J. a'
a
'
\
Total
600,150
$1,028,856
4,676
-
would- only
acreage
Republic Supply Co
To additional
working capital and for future drilling operations and -development—^*-——i-i***-_^__Ai;_—
1947—8 Mos.—1946
:
fixed
charges i*-L_-_
—V. 166, p. 955.
.
.
Ten¬
*
3,583,461
$7,166,473
-
income
the
as
•
623,652
A
described
acre¬
drilling unit;
own
expectation
others,
APITALIZATION, GIVING EFFECT
Total
3,755,235
income...
.
other
STATEMENT OF OPERATIONS, SIX MONTHS ENDED JUNE
30,
Total
income—
$8,787,330 $70,604,374 $63,440,477
1,232,006
10,355,643
11,217,097
1,703,839
11,673,318
13,669,288
1,336,547
oper., expenses.
oper.
Other: income-
10-31
87 %C
ry.
in
To
-
British
Canadian
.-1,451,040
10-31
11-15
$1.12'/a
(quar.)
area,
interests
'
1947—Month—1946
expenses
Total
A
same
acquire
drilling equipment and oil field supplies;.—*
Retiring of present 7 indebtedness:
■'
-
10-15
10-15
this dividend.
$9,251,749
___
Transp. expenses
*
-
the
to
*
,f
*____
Union Sulphur Co
United Cigar-Whelan Stores—
$3.50 convertible preferred (quar.)
United Drill & Tool class
revenues
Maint.
(quar.>
$3.70 preferred (quar.)
$4,50 preferred (quar.)
in
necessary,
Interest
(Mo.) —
(quar.).—
•
presently owned in Claiborne County^
For
Corporation and
Period End. Aug. 31—
-
*
Union Electric
acres
of the eroporation that the
devoted to the following purposes $
10-15
St. Louis-San Francisco Rjr^Earnirigs of System^
Udyllte Corp.,—*;
1,290
PURPOSE—It is the present intention
net proceds to be received are to be
7-20
11
Corporation—*——*—:
Toledo Edison Co.,' 4%% pfd. (quar.)
Tom Bell Royalty Co.-—
1:
Trinity Universal Insurance Co, (Dallas)—
j Quarterly
-pfd.
Lack and Reed oil leases in
acquired
from
Candler-Hill
Corpj
leases of Candler-Hill
Corp., together
its public offer4
ing of 95,000 shares of its common stock on April 4.
1946, warrants to
50,000 shares of its common stock.
These warrants becamq
exercisable on April 4,
1947, and remain effective to and, including
April 4, 1949.
However, none of these warrants have been exercised
to date.
(Continued from page 12).
(quar.)
Co., 7%
Grisso,
oil
purchase
Inveslmenl News
(s-a)
Thor
Tuokett Tobacco
the
WARRANTS—Corporation issued, in connection with
1-24
10-31
1-31-48
37y2C
,
conversion of the preferred stock.
11-20
25c
•
all
were
any
•Of
10-20
37y2c
tax 7%.
less
the
and
create
Preferred
9-25
$31 Vic
$31 Vic
funds,
funds,
Okla.
a,'
(quar.)
preferred
Quarterly
10-10
37y2c
'
'
"X*
•
•
Authorized A
10-31
25c
(quar.)—,
,
r
j
-
10-15
11-10
(quar.)
to
leases,
to
C
pfd. (quar.)
—
I
11- 1
100%
(quar.)
Killingsworth,
1.0-15
$$1.75
(quar.)
15%; resident
♦Payable id
;
Mills
10- 1
10-31
'
pfd. (quar.)—__
1 $6 preferred
(quar.)„i—
Thatcher Glass Mfg., common—.—**_*.
/
f. $2,40
convertible preferred
(quar.)__
Thomaston
1
10-15
J25c
1
■
9-30
$1.50
——.
'
share.
per
drilling to be done
conservative basis, and only
promise of being productive.
Jamaica Income tax.
In
resident tax
(quar.)
Mfg.
$5
10-
the
County,
Common
(quar.)*—
(quar.)
'''
■
1661
'i'rAm-
»
BUSINESS—Corporation was organized in Delaware
the purpose of acquiring,
developing and operating
for
The interests in
or
ever,
10-1
15
$1.75
(quar.)
preferred
111
'
;
Extra
Carbon,
10-15
in
will drill
9-30
•
■
10-15
10-
25o
convertible
common
($10)
AND
1945,
be<?oipes
10-20
10-22
10c
L
6%
-
nessee, Virginia, Kentucky field.
It is the present expectation that
due to the newness of the field and the
general lack of experience of
the few contractors who have been
active there, the corporation wilt
10-20
1
25c
preferred
Texas Power & Light, 7%
Thermatomic
ages
Co.—
convertible
j'
1259.
addition
have
11- 1
'--V712c
•Transfer books not closed for
&
$t
,
dividend)
convertible
'i '.V
/
one-eighth royalty payment.
a
In
,
12y2c
(stock
to $2,832,861.—V.
a.-Aa-' -A
"f,
Co.> Los Angeies—Registers with
Tennessee, the corporation expects
93%c .,11- 1^;, 10-10
•
(quar.)
Zeller's, Ltd.,
—
Malleable
Co.
6%
Inc
Co.
(quar.)
Super Mold Corp. (California)
Superheater Co. (quar.)
Tacony-Palmyra Bridge Co., 5%
Taylor-Wharton Iron & Steel
1-15
25c
6%
Superheater
Terre
'
(quar.)
(quar.)
convertible preferred
6%
$4 2nd preferred (quar.)
Sun Oil Co., 4Va% preferred A .(quar.)——
Sunray;Oil Corp., common (cash dividend)*
dividend
$20c 1-31-48
to
9-26
10-15
,
Suburban Electric Securities Co.—
Biscuits,
2-1-48
12-18
Common
10-10
57c
Cab
1
10-31
—i—...—w
Common
1-10-48
:250
—
Yellow
1
11- 1
10c
Sterling, Inc., 4V2% preferred
Strawbridge & Clothier
Stock
-
.
1
11-
11-
10-10
-
Monthly
10-15
10c
common
Common
Sunshine
—
-
,'**
.
Products—
-
^ 11
.x
(
piping, tools and equipment pertinent
thereto, and cash and
receivable prior
to -theij:r acquisition.,by
the, corporation*
constituted all of the assets of the oil division
cf Candler-Hill Corp.
The acquisition
by the corporation from Candler-Hill Corp. was made
in consideration of the issuance
to Candler-Hill Corp. of
325,000 shares
of the
corporation's common stock and the
assumption by (he cor¬
poration of Candler-Hill's
liabilities and obligations in
connection
with
the
operation of the oil
division.
The oil properties of the
corporation in Tennessee, totaling 1,290
acres, were acquired for a>
nominal consideration from various
individuals, and all are subject,
2-1-48
1-2-48
J20c
Combing Corp. of Canada, Ltd. (quar.)
Wrigley (Wm.), Jr. Co. (monthly)_.i
1
(Boston)
Co.
7%
$1
common
—;
'
,ljt
accounts
10-15
2-15-48
$1.25
11-15
$1.25 2-15-48
Wool
1
$10o
35c
,
Investment
75c
Oil .Corp
Iron
'-i
with
,
11- 1
11-15
(irreg.)*
(Alexander & James) , Ltd.—
preferred (accum.)—
7%
Standard Wholesale Phosphat & Acid Wks.—
,
;
Wichita Water Co., 7% pfd. (quar, )_»*.;
Wisconsin Electric Power, 6% pfd. (quar.).
9-30
25C
*
.
,
9-30..
10-16
75c
$1.25
(quar.)
Stores
River
14,
(Mich.).
:9rl5
9-15
cpnivertibl^ preferred (quar.)—- $1.37II-
Auto
p.
interests
11-1
,;
3IV4C.
-
preferred A (quar.)
Standard Steel
Spring, common
•A:
' 4%
convertible preferred (quar.)
Street
SVgSif
1
Seminole
9-30
10-15
""
Inc.—
(quar.)
com.
*-^-**».
Chlorine
preferred
Wichita
—
33A%
Steel
;
^0-l15^
■
25c
?
Stationery,
i
10-10
10-15
Whiting Corp.
(quar.)*
com.
?
State
$3.75
Whites
(quar.)—
Chemical Co., Ltd.,
preferred
(quar.)
Standard Oil Co. of Ohio—
5%
&
A
sinking,
Texas, Seminole County Okla., and Claiborne
County, Tenn. The oil
properties in Texas and Oklahoma, with the
exception of fractional
10-15
....
Whitehall liund,: Inc.—*
& Sons
Standard
A
10-30
$30c
Wheeling & Lake Erie" Railway—
4'^-'; prior lien (qufir.)—^»*—:***!*-:—
'
(A.
Tablet
Common
(increased quar.)
Extra
common
preferred (quar.)
Westminster Paper, Ltd,,
preferred (quar.)
AH 3.90%
preferred (quar.)
H.15% preferred (quar.)
;
10c
t20c
5%
3.70%
Spalding
RR.,
(quar.)
preferred A (quar.)
preferred A (quar.)
5%
——
Southwestern
Pacific
if
1947,
10-1
:
-
*
Common
—
Quarterly
Common
$1.50
11-
purposaq
and
;
.
—
Western
Associated
Southwestern
Light & Telephone Co.,
preferred (quar.)
5%
Co.—
fund
7
of
and gas leases and wells
principally in the states of Oklahoma,
Texas, and more recently in the state of Tennessee.
:AA/aA,.;~A:.A;
The corporation owns interests in oil and
gas leases in Crane County,
9-22
..1
Western
pfd.
Electric
$1,886,389, and if
made against income,
are
Finance
stock at par
10-17
10-15
class
150c
$1.40 preference (huai,.)a...'_t.v—W5C
Co.
&
166,
Dec.
10-17
11-15
Western Grocers, LW^
9-30
capital
$Loss.
months
to
HISTORY
Pulp & Paper—7 *
Western Insurance Securities Co.—
$2.50 class A (accum.)
New
Southwestern
.
10-15
(quar.)_
Southern
.
10-15 ^ v9-3<>
Co.—
and
eight
Seminole Oil & Gas Corp.—Preferred Stock
Offered—
Buckley Brothers and Carstairs & Co. on Sept. 22 offered
15,000 shares of 5% cumulative convertible preferred
'
6%
,
37%<f
37 % c
—
Power
V.
10-15
$1.50
.
Extra
(quar.)
Canada
4
funds
December.
first
$4,602,853
on Sept. 29 filed a registration statement with
the
50,000 shares
($1
par) common.
The stock
will
be
company's employees.
The shares are being sold
by W. A.
Thompson, President of the company, who will receive
proceeds.—1
.
$1.75
70c pfd. (accum.)
Western Breweries, Ltd. (quar.)
in
the
4,914,142
covering
offered
10-21
$1.12ya
(quar.)
___________
81,155
The, company
SEC
2
3
11- I
17^c
*.'
,*.
pfd.
sinking
income
Sec—
10-10
$1.25
conv. pfd.—.
—
4'%%
*
-
charges are made against
sinking lunds and minimum
to
oil
(quar.)
(quar.)
*
.
16%C
.......
(quar.)
...
(quar.)
Seaboard
,
Westates Petroleum;
uv:
'(.vv
'
*'
""
for
charges
*
Mos.—1946
$8,280,125 $79,799,816 $75,905,626
374,770
6,400,037
7,084,580
423,314'
7,621,829
7,778,183
;
433,854 AA
492,767
10-25
Indies
6%
amounted
*■
$259,775
-
1947—Month—1946"1947—8
$8,469,608
for
against
income
fund
35,620
RR.—Earnings—
"
1259..-a;.A'.;;';a::avAv'.:a,\.a;vA-A7#;'
\
10-25
11-10
Sugar Corp.,
(special Interim)
West Michigan Steel &
Foundry—
If'- prior preferred (quar.)—**.
West Fenn Electric—
3
deductions
income
■
r
$295,402
$313,603
259,517
oapital
p.
■■
^
fund
.
A
,
$1.06 VW
—
West Penn Power
Co.,
Common(quar.)*_—
4.48% convertible preference
Southern California Gas Co.—
10-15
.
...
Manufacturing, $1
*
Southeastern
—
Weatherhead Co. $5 pfd.
Wentworth
11-20
25c
______
O.)
Southern California Edison
1
$1.12 Vb
—
Washington Title Insurance
(quar.)**—.—***rr.—:*
Sloss-Sheffield
11-
7
(quar.)..*******»*.-.^,*_w •
37%c
2-2-48' ' -1*15
(quar.)....
*—**„.**....,.•• a - 37%c
0-1-48
4-15
(quar.)*-^-*-.--*,...---;*.-.*. AA37yaC> >8*2-48
7-15
Vulcan Corp., $4,50 preferred (accum.) _;.*_* • > $1.50
10-15
9-30
Vulcan Detinning Co.—
v
New 7% preferred (in'tial
quar.)35c
10-20
10-10
Wall Street Investing
Corp.—--**—
5c
10-14 ;
9-30
Warner Company
15c
10-15
10- 1
Warren Bros. Co., class A (quar.)
33%c
11- 1
10-17
Class B (quar.)--*—...
+
62»/aC
11- 1
10-17
Washington Gas Light com
37'/2c
11- 1
10-15
—...
capital
charged
236,845
■
■
1.
funds and maximum permissible
capital fund
preferred
preferred
Simplicity Pattern Co.—
Smith
A37V2c
be
5,464$,
$532,248
35,626
.
;A,
chgs.
deduct'ns- for
NOTE—Net
.
6
.
10-10
Water & Power Co. (quar.)
Sherwin Williams Co. of Canada, Ltd.—
Common
(quar.)
i——
5 Va % convertible preferred
Sinclair Oil Corp.
-
,
25c
$1.25
50C
—--
Shawinigan
•
(quar.)_
'
■
stock
common
^
after all
&
•Before
to
preferred
8%
6%
■A
10-17*
.12-1
$5C
:
*
6-%
:
M
-
Scovill
.*
*
Co.__*___
preferred
1
*
__
Verfcientes-Camaguey Sugar (quar.)l—
6%
for
purposes
10-15
\
inc.
f.
b.'
10-15
Equipment
Virginian Railway,
'fl
1
stock
oper.,, revenues
except
.
:
$349,229'
oper, income.'—*
income
'_____ "A
Total
10- 1
1
(s-a)
'v\
Net ry.
I/-
„
7%
preferred (quar. )__*__
Vermont & Massachusetts RR. Co.
10-15
$526,783*
102,426
s
'
.
preferred
on
ry.
•Net
$1.25
;
.
•
V'r
Seaboard Air Line
Total
;
(quar.)-
'
*
income—
Period End. Aug. 31—
3 1
—,
627,297
/
$451,056
*_*—_*_*
Balance available
1GG, p.<706.
I
;
10-15
;
11-
•
:
1
10-15
10-31
^
194s
$1,154,080
083,393
--$440,420' a
11,230
—V.
11- 1
Distillers
.aa;
10-15
10-10
Schulte Real Estate iGo„. $6 pfd.- (resumed).
Schuster (Ed.) .& Co., common—
Scott Paper Co., $3.40 pfd. (quar.)
—
-
Net
Dividends
$2.50
,
(quar.)—
class B preferred
non-cum.
'
'r
9-25
$20c
—
Schenley
.
Deductions
w
0-30
'
Class B
depreciation
t Balance before deductions A—__****L**_*„*-
9-25/
$10c
i
$1,323,813
.
Gross--profit,.
Non-operating incom®
v
1
10-15:
25c A ,10-15
12V2C
10-16
*
,
31—A>
..
1714c
(quar.)
.
Utica Knitting Co., 5% .prior -pfcl.'
(quar.) -*
Van Sciver (J. B.) Co.—
5% class A preferred (quar.)**—'—*—
Associates,
•*—*—w—-
9-25
62yac
*
;>>^.7t"preferred B?<quar^^-*..**^,-^rw—
*_-—'.——
i
98 201
9-16:
10-15
$1
•
(quar.)
Pictures Cc. (quar.)
Upper .Michigan Power & Light—8% preferred A (quar.)_____
(quar.),
—
9-16
87'/ac
r*
——
10- 6
Universal
*
*
$1
•SSl^jg
•
•
revenues
r
Stockyards Corp.—;
convertible preferred
70c
(quar.)
150
.
Operating
62y2c
*
United New Jersey Railroad & Canal
United
8eml-anaual.-
Map Co. (quar.)
Sanger Brothers,- Inc. (quar.)
•Savage Arms Corp; -(extra)
Scarfe Co., Ltd., class A
;! 6-15
—*.
preferred (quar.).
United Transit 5% pfd.
.•
Sanborn
'j,;,1,822,137
,v;
65,490
12 Months Ended July
a.
3-15.
Corp.
'
V
..
'
2,095,455
102,520
•451,328 tf# •362,505
Works—Earnings—
7-1-48
7%
(s-a)
Diego Gasl& Electric, com.
San Jose Water
4-1-48
12-15
Lines, -4%%
Universal Leaf
<>:b%
preferred (quar.)_i
Ban -.Francisco Remedial- Loan
■
yf; $1.25
(quar.)—:
Fidelity & Guaranty (Bait.) (quar.)—
Radiator
•35,746
•.
»>
1-2-48
(quar,)—
14,135
•23,596
11-1$ ;'
a
preferred
S.
y-
2,151,535
•Deficit.—V. 166, p. 955. : V-
$1.25
common
1545
$210 360
.
,
'
income—
oper.
$1.25
;;
—:
»4,699
1
railway—**
railway——.
from
ry.
)
income—*
1—
'
$307,363
34,780
.
10-25
10-15
(aocum.)*
>:,:
12-1
Net
1946
$306,317
r«.ilway-*^;,u>.,"'Cn 60,791
oper.
Net
preferred .(s-a)*:
22 %c
1-2-48
; 12-17
(quar.)
aa.- 20c
.10-20---10-10
6% pfd. (accum.)*—*
-*75c
31- 1
.10-20"
U. S. Smelting, Refining & Mining—
A'*.;.AA. A: a A " V-a
U.
•
u
(accum.)*
Mines, Ltd.
50c
**_*,.
U. S. Plywood Corp. com.
10-15
75o
25c
.•
*
Gold
,
(quar.)_*_
preferred
U..S.
10-15
$1.75
:
preferred ^(accum.)_—-
-
preferred
U. S.
(quar?)——
preferred
Antonio
•
10-14
40c
„
railway
From Jan.
Gross from
10-15
..
ry.
9
RR.—Earnings-
1947
from
from
Net
10-15'
1
1.1-15
(quar.)
t: 5% preferred (quar.)
United Shoe Machinery,
'
—
St. Lawrence Paper Mills, Ltd.—
A)
58Vhc
10-
11-
10-15
A
*
Flour.Mi(ls, Ltd., com.
10-23
"
1
11- 1
50c
50c
pfd.
10-15#
1
{?.
•;10-10
$10C
Avenue
conv.
Net
12-
6%
10-22
lc
A.;A
'.(quar.).
Rt. Croix Paper Co. 4quar.)—
St. Lawrence Corp., Ltd.—
•
1
Gross
12-
prior preferred (monthly
prior preferred (monthly)
prior preferred (monthly)
6%
11- 3
-
(quar.)*
:(quar.)
Building, 6%
25c
58y3c
United Merchants & Manufacturers, Inc.—
11-15
$1.31 Va
.
Russ
'11-
50c
Light & Railways, common—..*
prior preferred (monthly)___**__*__*
9-18
11- 1"
11- 1
68%C
——**——
Russek's
Inc
San Antonio Uvalde & Gulf
August—
9-18
10-15 v;
$% ;
,i
Co.,
10-15
53c
12-20
(quar.)_*
Mills, Ltd. 4quar.)
Roper (George D.) Corp.; (quar.)
Royal Typewriter Co., common
50c
—
Chemical
When
Holderi
Payable of Ree.
Share
53c
11- 1
15c
12V20-
—
Oil Co.
Cotton
y
(quar.)_____—
prior preferred (monthly)—
prior preferred (monthly)_____
6%
Copper fc Brass, 5y<% ,pfd. '(quar,)*
Revere Racing Association—
A-
Rochester Button Co,
CHRONICLE
A7. 6.36%
y
convertible preferred (quar.)
Republic Investors Fund—
v
:
6% preferred A (quar.)
6% preferred B (quar.)—*———
Republic Petroleum Co., common—
5>/2% preferred
——
Rice Ranch
Co.
Industrial
United
/ 7%
-
$2.10
Revere
^
U.
I'
10-
Fruit
Extra
.10- 1
10-13
Name 0} Company
v
United
.
■
■;
:
r
9-18
10-13
,
FINANCIAL
:
10-16
9
&
6.36%
Reliance Electric & Engineering—
,
•
10-
12%c/l
(quar.)
Mills,-Ltd.—
non-cum. preferred (quar.)—
$1.60
11-13
.
12'/2C
(quar.)
Regent Knitting
•
50c
1-
Holder«
Payable of Rec.
25c
COMMERCIAL
the
and
101%
Bank
166,
of
p.
outstanding
1950, have
and interest,
the
956.
City -of
10-year
been
Payment
York,
New
•
serial
called
'
for
debentures,
due Nov.
redemption
on
will be made
11
at
Broad St.,
Nov.
The Chase
New
York,
Debsf
1,
1.
1948,
nexfc,
National
N.
Y.—V,
■
48
(1396)
-THE
Sierra Pacific Power
Period End. June 30—
Operating
1947—12 Mos.*—1946
$280,904
.129,523
—
$252,940
120,984
$3,285,523
$2,912,850
1,442,791
1,147,450
22,950
22,970
289,895
294,554
185,032
Maintenance
General
Bal.
taxes
Fed.
27,931
before Fed.
taxes
cruals
reserve
and
Utility
Other
23,700
16,002
income
on
•Retirement
Z
264,105
income.
income—net
loan.
'•
order to retain
bank
In
dividend
16,504
the
307,766
387,727
196,860
$59,964
$49,531
Dr98
;
.
/ 183,502
issue
237
."
-
•
$753,657
$59,865
income
-V.
166, p.
7,514
The
tion
.
$759,994
$752,548
8,268
/ 105,288
115,060
$41,500
assets
Securities
of
this
to
petitive
the
and
Aug. 31—
1947
company,
issue
Net
—
2,073,779
1,743,826
208,879
—
depreciation
than
fcstim.
Drexel
p.
income
income
'
26,
share
holders
Foreign
share
295,441
180,418
&
Co.,
the
of
no
370,471
102
preferred stock
on
and
194352807—;*-,
1, 1962.
The debentures
for
record
Oct.
Control
protection
PURPOSE—The
shares
to
preferred
be
and
right
against
received
The
are
of
the company from
stocks together with the
common
by
Board.
porate
for
August—
Net
=-;wt
v
.«.»?-«
•
of
25
balance
of
general
per
such
funds
net
and
proceeds
such
as
to
Is
become
which
has
Co.,
since
operated
will
affect
and
the
be
may
1912
acquisition
prompt
a
transfer of
the
of
applied
chain
a
of
company
will operate
of the former companies
liquidation
their
all
assets
the
stores
*
58,086
118,731
803,842
1,298,023
business.
time
at
i/does
utilizing therefor
such
in
stores
San
intend
selected
of
under
be
of
to
any
the
in
Antonio
under
to
and
From
stores
Sommers
Jan.
ry.
notification
with
the SEC
State
stock, to be offered to stockholders
share
one
of
stock
this
of
for
each
15
has
company
the
Southern
and
Wall
2
intent
to
of
said
The
to
company
office
Street,
dissolve
the
First
New
the
shares
been
Pacific
is
National
York
by
the
Hanover Bank
&
15,
Kentucky
Secretary
corporation
approved
integrated
and
Net
to
and
for
stores
acquire
working
on
from
ice
an
which
OF
acquired
replace
the
for
the
of
State
closing
Interstate
$63,145
40,513
skg.
50c
cum.
and
OF
the
;and
Bank
N.
Kentucky
its
business
obligations
income.
462,756
/
367,698
to
of:
;
r
Gross
—V.
/ .132,117
above
reflect
359,914
241,923
117,991
100,364
155,596
the
interest
51,500
on
the
requirements
is
not
on
a
..'
debentures will
preferred
on
pro
forma basis
conversion
the
GIVING
EFFECT
due Oct.
($5
1,
1962
par)—,—/
par)_
50c
100,000
cum.
UNDERWRITERS—The
number of shares
equal
and, therefore,
of
company.
amount,
of
will
saving in income taxes due to the deduction
requirements on the debentures of the
debs.,
($1
initially equal
stock
TO
PRESENT
Authorized
pfd. stk.
69,179
taxes
on
C—Federal
■
table
to
shares
are
FINANCING
Outstanding
$2,000,000
of
be purchased
the
reserved
several
Brown
Sons
Dittmar & Co., Inc.—
R^uscher, Pierce & Co., Inc
Rotan, Mosle and Moreland
—
•—V.
166, p.
1096.
10,444,803
"21
for
issuance
upon
by each underwriter
are
as
and
112,420
3,751,832
31,044,099
cents
strike
on
355,187
425,192
4,585,735
4,573,387
\ 6,069,856
5.255,807
1,157,300
1,012,950
2,164,775
2.037,362
5,743,041
5,586,337
8,234,631
7,293,169
.310,540
5,275,797
820,992
625,803-
7,413,639
6,667,369
1,337^625 X 1,017,355
3,i74,19f
the
to
be
at
taxes
or
■
1947
paid
in
has
.*
/
-
each
paid
quarter,
on
$1.25
directors have declared
1,
6,750
record
in
on
the
common
Distributions
this
April
exchange
year.
16,
for
isti,
the
umauunia
those
1947
accounts
of
uas
of;Standard
periods
that
Gas
shown
ana
isieciric
&
$2,487,721.
5,955
—"_1
// 14^5L,
i—1
:•
income
—
Electric
Co.
(COMPANY
a
of
the
,
first
dividend
during
for
a
of
which
partially
the
of
Prior
two
$2.25
quarters
per
of
the
share
each
$2,578,515
$6,145,938
-7,167
89,712
~
44* '
.
1947
each
of
^
*'
$5,654,93»
267 925"
14,351
7,163.
$6,167,456
$5,930,044'
310,540
820,992
$2,358,131
$5,346,464
470,225
1,337,625
625,803
$5,304,241.
1,017,355
$1,020,506
$4,329,109
3,174,191*
$2,130,050
(Qbio)—To, Increase Stock and Issue'
^"V/-
at
special meeting
a
to. be held
on
common
stock from
?
'
3,250,000 shares
,
the
quarter to
six-week telephone
estimated
third
basis
the
quarter,
are
ex¬
first
166,
p.
859.
'■/
eight shares of
five shares cf old
to
new
$1
common
if
on
will
of
be
stock
the
proposal
basis
a
now
common
par
stock,
common
par
stock
of
is
approved,
share
one
outstanding.
and
totaled
year
activities
of
$1,
held,.
will;
of
the
company,
stock
new
for'
The
are
expected
to
consumed
approximate
$11,450,254
securities
$21,006,672,
$27,000,000.
the
1946
purchase
Exchange
shares.
holders,
of
any
according
the
to
similar
oil
costs
produc-*
expenditures.
■
..
are
underway with
additional
the
but
Crude
capital
to file a registration statement with,
Commission covering the
registration of
and
additional
Prehminary negotiations
.
to
'
of
company expects shortly
..
shares
company.—V.
a
not
166,
p.
group
of underwriters
subscribed
to
by
stock-
1155.
*
.,
Standard & Poor's
Corp.—New Officials Named— /
I
,Y1i^farlfST^' ,Sch"lut:?. President, on Sept. 18 announced the appoint1 hiV,
1 e j3^ A- stahl as Executive Vice-President and Lewis 'Schellbach and
:
as
Edgar T. Rigg
charge of Standard
in
Managing Editor
'
,
of
as
Vice-Presidents.
Planned
Gross
.
.
■
*
r
,
1
.
from
Net
ry.
railway—
railway
from
J",
-
i
•
will
con- •
Schellbach
'V
i
1945
,
/.
$283,387
$340,091
*
Man--,
as
Tly.—Earnings—
/-/ 1946
1947
.
^
"
•
1944
$443,019
$530,232
20,931
64,217
172,633
*36,030
3^217
84,488
:// 97,067
railway—:..
2,167,163
railway-'—" 109,424
2,286,281
136,630
.3,809,727
3,644,112
1,658,589
income
oper.
From
Gross
.
Stahl
Mr.
Advisory Services and Mr. Rigg
Factual Publications.—V.
164, p. 1915.
.
--
Mr.
Investments,
Stock
Staten Island Rapid
transit
August—
1—* *
Jan.
from
oper.
income—
240,714'
G'1--..
,:,353,706
859.'-Vv' "
1,463,296
,
*306,871://695,043
852,594
Sterling Drug, Inc.—New
Secretary—
a director, has.been elected Secretary,
succeeding
•Deficit.—V.
lSr
Mr.
166,
p.
Hills
Park> retired,
is
also
a
general counsel
director
of -American
International
**ITiCnC£l/'
New
to
of
the
the
company
law firm of
in
:
1903.
Rogers, Hoge and
Drug, Inc.
In addition,
he is a
Corp.," American Machine & FoundryMachinery Corp. and Bacardi
Corp.
of
Sterling
Viscose
Cigar
/
who joined
member
Hills,
Co.,
stockholders
21
•
-,,Geo^ge_s- Hi,lls>
a
issuance
Oct.
-
_
This
shares
terms
Net
Service Co.—Increases Dividend
the
sub¬
pur-
ALONE)
$2,668,671
shareholders
five
the
T'
regular quarterly dividend of 40 cents
stock, payable Dec. j to holders of record
35
cents
each were made on June 1 and
to
been,
its
' 1947—12 Mos.—1946
$1,936,135
—-
not
and
$2,868,027
.'
-
income
have
$2,406,360
_
deductions
company
and Electric
Gas
company
above, and for comparative
figures for the 1946 periods.
STATEMENT OF INCOME
aging Editor of
asked permission of the SEC to sell at competitive
of first mortgage bonds, due 1977 and to use the
Southwestern Public
15.
4,
6,396,284 / 3,493,175
3,938,172
offering of about 584,320 shares of
pommon stock will be mad®!
common
tne
Telegraph Co.-^-Re-
'
share
4,811,149
offering price
sub-,
offering date have yet to be determined.
The proceeds of
the sale of the
additional stock, along with
other,
funds
of
the
company,
will be used
for
capital expenditures and*
other corporate
purposes, the company -said.
~
'•
;
Capital expenditures in 1946
1946
$5,529,543 $207,247,974 $197,224,843
'
/
Earnings
company has
Nov.
with
the
tion
Sept. 26 declared a dividend of $1.25 per share,
stockholders of record Sept. 26.
This was $1
about
$7,000,000
:
majority)-owned subsidiary of Standard
income
scription
1944
Southwestern Gas & Electric Co.—To Sell Bonds—
per
a
5,000,000.shares.
to
other
'
Sept.
470^225
inc.
accordingly,
from
6,750
461,6675,281,374
Co.
net
March
be
/
ry.
6,750
"
Co.
Standard
Electric
to
Net
10,000
of
On
Net
10,000
Stand¬
■.x-V'.-*V*',/Zfcs'
full
Tke
of
"
higher wage rates made effective last May.
> The drop in earnings, according - to Victor E. Cooley; President
of
the
company,
is due to substantial increases in costs in prac¬
tically all aspects of operations.—V. 166, p. 1096.
follows:
Standard
Electric Co.
announced.
24,944,000(
the
bidding
of
An
_—Jan. 1 to Sept. 21——
/
1946
Telephone &
•
second
occurred.
to
■
increasing the authorized
each
except twice when $2.00 was paid*
share dropped frcm
$2.42
in
the first
per
in
—
undis¬
The, stock: holders
consider
937,368
1936
pected
Common
r:-^
411,395
in
Standard Oil: Go/
Cr69,853
to
company
quarter
Shares
10,000
6,504,277
433,417
&
Net
13,016,613
1945
proceeds to finance its construction program.—V.
47,250
12,185,276
6,504,280
Dr554,939
stocks
public-'
tnis
1946
the
70,000
12,929,323
Income
145,195,376 140,687,651 174,875,512 173,933,473
32,064,287
26,058,894
66,505,555/ 70,791,105
13,505,837
10,982,430 20,343,415
22,166,270
Bell
$2.25
since
Earnings
71
The
underwriters
8,232,776
3.247,994
Gross
9,515,619
Crl2,221
13,317,842
853,166
$5,273,094
.
30
the
The
year.
quarter
75,000 shs.
Pfd.
&
Sept.
5,441,910
3,247,994
capital
int.
Ejfpen^es And jtaxes—.461,667
►
directors
than
6,062,545
; '
22,571,922
10,386,646
Miscel.*; interest
'
The
6,136,188
11,157,905
10,355,491
5,309,377
Divs; from others———
17,947,064Crl8,971,793
1,975,207
1947
duces Dividend—
less
92,437,008
8,267,146
and,
tmue
100,000 shs,
Shares
Alex.
income
.
23,284,814
__
6,331,473
$1,000,000
200,000 shs.
*"500,000 shs.
pfd. stock.
names
__
i
.
Mos.—1946*
12,060.325
438,913
Period End. June
30—//1947—6 Mqs.—1946 '
Divs. frcm -.associates cos.
$18,939,277 $18,889,382 $23,097,295
3,884,737 " 3,802,520
5,324,325
9,668,675
1,588,927 > 1,526,193
1,703,832
3,011,570
._*•
■•t
Street
/ '
•
/1947-^-1?
.
5,746,904
2,833,908
poses have been eliminated from
the
$18,096,822
„
earnings
166, p. 1259.
payable
Other
\
48,085,465 102,186,012
3,013,971
7,03*.701
3,178,426
485,090
,
Southwestern
104,709
and
13,606,743
5,373,967
sidiaries, in
83,060
93,557
Subs.)—Earnings—*
Philadelphia Do.]
13,576,523
income
inc.
ceased
68,509
59,436
inc.)
taxes—
deductions
NOTE
5,425,637
/
.
41,129,065
4,870,826
9,318,604
:
23,046,278
Dr474,356
consolidated
87,784,182
160,442
23,839,753
■.
"
446,457
182,977
•>...
,
13,818,874
Dr212,131
chgs.
Co.
of
6,370,456
res.
than
Consolidated
/'
89,594
Period-
42,841
v
13,884,046
Dr307,523
.
1944
4,410,239
__
income
oper.
597,997
84,713
958,755
by
Gas
have
plan
662,744
Week End. Sept. 21
33.236
255,960
2,852.664
120,679
before Federal taxes,
,/■
ry.
21,898
1,400,006
198,319
56,073,365
3,610,865
Consolidated net inc._i._
Inc.
1—
railwayrailway-
from
$49,535
193,008
330,639
262,989
depl.
ard Gas & Electric
on
773,256'
63
__
from
Net
7,277
142,496
requirements
dividend
Gross
16,553
1,517,254
9,159,955
-Gas &
Commission.-
for interest
railway
Jan.
/ 13,392
1,002,646
de¬
/
and
/
897,158
Exps. &
1945
1,764,370
income
railway-
oper.
$176,915
62,743
6,793,906
on
Other
was
ONLY
'
7,344,195
615,197
1947
from
1944
51,931
$
tributed net income—:
Y.
pursuant
1946
—
(net).
August—
Gross
1945
$186,554
'
Railways and Subsidiaries
the
of
of
out
1,423,329
1,186,995
2,628,530 Crl,118,281
■
5.826,525
fB—Income
interest
this
/
t
3,361,094
held
(Ky.)
corporation
Commerce
COMPANY
1,175,237
-
provision
from
5,291,843
stk.
and
deben¬
4,060;000
Minority
Southern Ry.—:Earnings—
v
10,072
,
286,565
4,565,408
_____l._j.___
fund
the
-
:■/.
1947—6Mos.—1946
consura-
Co.
charges on outstanding debt,
nonoperating income items.—Y- 166, p. 956.
19,319
52,913
4,697,739
The
officers
with
city
taxes
oper.
•Before
ry.
sub-
/
r_
rents
ry.
Net
D*
$13,610
87,828
2,823,209
CAPITALIZATION,
Common
Co.
*
3,801,534
j
and
the
oper: income—
income
Divs.
Trust
12,106,559
-
taxes
facility rents (net)—
•Net
Net
combines
c
2,185,182
annual
4%
Jt.
-
Net
2,362,931
'
with
58,148
v^V/.J65/p.:;293I.-;:
taxes
San
warehouses
summary
Thames
2,053,130
^Annual
$40,000
following
$1,936,829
-
D—Net
$50,000.
does not
■***.
now/
in
purpose
three
taxes
plant
years.
1947 (6 Mos. to June 30)
•Of
will
EARNINGS—The
1941___.
the
estate
B
A—Sales.
Spartan's
1946
105,132 /
.
255,883,916 332,666,068 330,980,208
27,870,910
99,236,631 104,381,556
21,333,638
16,Op*,245
25,204,763
25,866,213
taxes-
and
Miscellaneous
basis.
cream
county
Equipment
stores,
provided that/
capital,
advantageous
of
to
•,
ins.
retirem't
From
sfdiary for calendar
income.
statement
taxes—
Gross
rail-
way operations
Federal
additional
an
construction
revenue "fr.
State,
all Z
time
retire.,
income
Net
,
270,705,793
64,358,131
„
income—
Unemploym't
Thames
cream
real
on
warehouse
1946—
of
.•
$1,000 debentures purchased.
///•./..
Railway Subsidiaries
income
Fed!
Total
in
management
■
repairs
for
held.
1—
railway
railway
oper.
Federal
Stores
&
Taxes: (other
letter of
a
of
1947
from
Net
Stores
lease.
SUMMARY
holders
$163,783
1,287,768 '
/ 320,861
income
oper.
preciation &
SEC—,
sold
of
agent,
of
1947,
from
and
drug
of
additional
acquired
or
the
ice
an
construct
a
"
4.15%
and
to
1—
Subsidiary Companies:
Operating revenues
from
Net
cor¬
plant in Beaumont, and it is
believed
the
operation of these
plants should result in substantial
savings in operating expenses of the company.
The company also
proposes
1
conjunction
■
12,855
~
Period End. June 30—
672,656
Co.—Reincorporation Consummated
former
the
Central
Gross
the
stores,
income—
166,'p. 956.
Maint.
be
1947
■*■■■;-*-
railway-:;— $35,487,685 $35,246,682 $41,201,940 $43,938,234
from
railway
9,105,549
5,702,996
10,975,892
14,648,537
Net ry. oper. income—
3,162,*174 \ 2,541,848
3,462,249 Z 2,791,258
assets.
Sommers
an
open
needed
opened
contemplates
Antonio
to
locations
funds not
may
also
in
each
- $172,989
/// 42,998
[Not Including
Pittsburgh
Net
owned
carefully
Company
offered
1,222,962 '
EARNINGS
Upon the acquisition of the assets of Sommers Stores and of Thames
Co., the company contemplates no change in the general character of
the
registration
a
to, provide working capital.
railway—*_
railway——_
from
ry.
1,192,570
common
August—
in San Antonio and
Beaumont, Texas.
by the Thames Co. will be operated as a separate
division with continued use of the trade name "Thames."
now
3.90%
•;
Standard Gas & Electric Co.
(&
Co., New York, N. Y., has been
appointed co-registrar for Southern Pacific Co. (Del.)
3,985,575 sharescommon stock of no par value.-
.
The stores
.
-v
debentures, due 1955, and 230,000 shares
Co., an affiliate, will be
shares for
c
Jan.
Net
$3,120,517
1,330,317
(Del.),
The
Texas.
company
Thames Co.
"Upon the
cents.
Nov.
.
filed
be
100
from
Net
—V.
.
The
and
26
will
of
railway
railway!
oper.
From
1947—10 Mos.—1946
$3,589,247
141,452
up its
affairs.
All of its liabilities
assumed
by Southern Facifie Co.
Gross
part
ry.
Gross
EARNINGS OF TRANSPORTATION SYSTEM
t
HISTORY
AND
BUSINESS—Company was incorporated in Mary¬
Period End. Aug. 31—
1947—Month—1946 ?
"1947—6 Mos.—1946
land Aug. 27,
1947, for the purpose of acquiring (a) all the issued
\
$
~
' $
$ '
and outstanding common stock "of Sommers
£
Stores, which has operated Z Railway oper. revenues.
45,065,974
43,975,493 344,726,849 323,901,564
since 1912 a chain of drug stores in San
Antonio, Texas; and (b) '
Railway oper. expenses.
32,959,415
36,631,298 256,942,667 282,772,499
all the issued and
outstanding capital stock of Thames Co., a cor* /
Beaumont,
3.70%,
payable
"
cents
$315,688
reincorporation
reincorporation
"v
.
will
certificates
of
30,
been
be applied,
including the acquisition of additional
enlargement, remodeling and opening of stores.
poration
basis
from
from
Net
STATEMENT
winding
common
purpose,
the
Distributions
EARNINGS
basis
Pacific
statement
Sept.
concurrently with the issuance of the
common stock, to the acquisition of 750 shares of
stock of Thames Drug
Co., Inc, (Texas).
These shares
the issued and outstanding capital stock of Thames Co.
all
Common
the
on
Gross
quarterly dividend of 30
stock, payable Nov.
subject to the approval of the
a
common
exchangeable for certificates of stock of the Southern Pacific(Del.) on a share for share basis, upon surrender of certificates
stock
A
be
to
and
ferred stock),---,
/
(c) $488,300 is to
preferred stock and
The
portion
Income
of
and
recorded
applied, concurrently with the issuance of the
stock, to the redemption at $10.50 a
share, plus dividends, of 25,000 shares of outstanding preferred stock
of
Sommers
Stores
(constitute all the issued and outstanding pre¬
(d)
50
Spokane Internaitonal RR.—
Earnings—
;
?$12,382
;
the
on
City of New York,
$980,000 to be received from the private
sinking fund debentures will be used as follows:
applied, concurrently with the issuance of the
common
stock, to the acquisition of 59,400 shares
and
stock
company's
Z ■' Sk"-.-
'
now
Co.
dilution.
be
to
$262,500 is
constitute
Philadelphia, Pa.
132,068
(no par)
shares
plan
mated
stock
of Scmniers Drug Stores
(a corporation organized
existing under the laws of Texas, constituting all the issued and
outstanding common stock.
'
common
a
tures
Ltd.—Larger Dividend—
value
20,
Sept. 26 filed
on
share
a
Southern
common
the
the
on
1,
stock. Well Service Securities
of the common for resale to
common
employees.
Electric output of this company for the week ended Sept.
27, 1947
totaled 2,644,000 kwh., as compared with
2,303,000 kwh. for the cor¬
responding week last year, an Increase of 14.8%.—<Y*. 166, p. 1259.
and
(b)
Dec.
and
1155.
Sept.
on
Weekly Output Increased—
amount of
4%
is
preferred stock
proceeds
of
$1,000,000
$813,258
the conversion
of
net
proceeds in the
preferred
166, p.
Proceeds will -be used
working capital.-
as-, f
stock, which is redeemable at $10 per share and
dividends, is convertible into common stock on or prior
to
Dec.
31, I960, as follows: until Dec. 31,
1950, share for share;
thereafter until Dec. 31/ 1955, into
% of a share; thereafter until
Dec.
31, 1960, into V* of a share.
The certificate of incorporation
of
sold
New
publicly through underwriters headed
by Hutchinson & Co., Pueblo, Colo.; Bosworth, Sullivan &
Co., and
Boettcher
&
Co.,
both of Denver.
The
public offering price will
depend on the number of share? offered.
Proceeds will be used for
preferred
of
of
166, p. 376.
company
$9.50
Accumulated
(a)
Streets,
1947—Month—1946
i-
—
r
Unsubscribed
100,000 shares of
50 cents cumulative convertible
preferred stock ($5 par),
and 67,500 shares of common stock
($1 par)/ at prices
of $9 per share and $6.50
per share, respectively.
sale
Walnut
$373,955
150,510
maintenance
29,810 shares
at
placed with Mass¬
were
achusetts Mutual Life Insurance Co.
C Stock Publicly Offered—Alex. Brown & Sons and
sociates on Sept. 30 publicly offered
of
Corp.
Southern Colorado Power
571.
The
sale
Service
each;
••
company
Approp.
$622,771
Sommers Drug Stores Co.—Debentures Placed Private¬
net
15.—V.
covering $1,200,000 of 4%
($1 par)
the applica*-
made
/
•Deficit.—V,
ly—Alex. Brown & Sons, it was announced Oct. 2, has
placed privately $1,000,000 4% sinking fund debentures,
the
The
per
Surplus
201,844
;
for
/'./
$824,615
Balance
provides
.V'-
78,995
Oper.-
income
The
Public
declared
par
Taxes
due Oct.
and
directors
the
on
Period End. July 31—
Gross earnings
$
Dividends accrued
.
of
cents
Spartan Tool & Service Co., Houston,
Texas-—Registers
Com¬
of
SEC
'•/A /////////'■
.* "••
Int., deprec. and divs.__
p.
Oct.
with SEC—
approved
45
.declared,
record
would
.
has
1,
increase
•
Commission
15th
COMPARATIVE
income
165,
"Journal
issue
and
Sept.
-
vr..;v-:
Exchange
were
cents
—$1,053,112
Int.
-V.
York
This
in
each
of
the
three
preceding
quarters, while
share was paid in each of the four quarters of 1946.
During the latter
year,
an
extra
dividend
of
5
cents
per
share
was
also paid on Nov.
15, bringing payments in 1946 to 85 cents
per share.
'
494,764
449,879
—
Sept.
per
to
20
588,167
taxes
taxes
income—net
Net
debt
■
subsidiary
a
"
Gross
bank
956.
15
298,905
Federal
Fed.
earnings..
Other
of
On
$4,144,712
245,743
other
3%%.
■
.
on
regular quarterly dividends
preferred stocks were also
and
$2,500,000
a
March 1, 1947 made a cash distribution of 50 cents
../•
; ;••
.
•
•'
'
the common stock in 1946 were
as follows;
March 1,
on
.
'. The
$4,000,000 of first mortgage bonds, due 1977, at com¬
Bids will be received up to 11:30 a.m. on Oct. 15 at
bidding.
office
cents
1946
$4,709,585
_,
-
for
for
float
of
.v..
Exchange
:^v
(& Subs.)—Earnings—
Maintenance
Taxes
:
Southern Canada Power Co.,
Gas & Electric Co.
Operation
Prov.
.;
improvements
share.
Payments
June 1 and
/,/:••/ ■■■■■<$
the
out
•/-'•'*/•
-.
..v,
company
per
passing
Monday, Octo"
'
revenues
Provision
the
than
(New
$500,000.
wipe
plant
possibly
rate
about
.".V'
for
may
to
1259. V
\
.//■.\/:«//'
earnings
funds
by
166, p.
$654,705
/ ;• /
$50,025
_
12 Months Ended
Operating
.
764.
Sioux City
,
$49,768
.9,841
a
—V,. 166,
Net
v
—.
t
South Jersey Gas Co.—Bids Invited—
Jersey
income
Gross
Jncome deductions
large
the
company
maximum interest
'
|l'
its
necessary
current
•'
$745,033
6,336
v
with
the
merce.")—V.
•
/, /•>'
disbursements
provide
$1,258,284
ac¬
amortiz._
oper.
$86,035
/
20,000
CHRONICLE
$1,850,000 outstand¬
ing
bond
$99,665
—
FINANCIAL
It is reported that the directors have been
giving more
consideration to a proposed plan to refinance the
taxes
income
on
/
23,784
&
Sorg Paper Co.—May Refund Bank Loan—
1947—Month—1946
revenues
Operation
Co.—Earnings-
COMMERCIAL
/
-..
'/
.
i
•
Subsidiary Formed—
Formation of.
Winthrop-Stearns, Inc. as a new subsidiary to integrate
the major pharmaceutical
interests in the United
states of the parent
company was announced on
Sept. 21 by James
Hill, Jr., President
The new
company, Mr. Hill said, will conduct
the business
carried
on
by Winthrop
Chemical
hitherto
Co.,
Inc.,
organized
by
Sterling in
.
Volume 166
Number- 4635-" '
-
THE COMMERCIAL &
FINANCIAL CHRONICLE
(1397)
1919 and now being
liquidated, as well as the pharmaceutical opera¬
tions ;of .the Frederick Stearns & Co.
Division, Detroit, organized in
1855, as Frederick Stearns & CoV
A similar
subsidiary to take over
become
itself
interest
Wintfrrop -and Steams' Canadian ^business will be formed in the
pominion as soon as legal requirements are
completed.
r
t
pr. Theodore G. Klumpp, President' of
Winthrop Chemical Co., has
been elected President of
Winthrop-Stearns, Inc.
Other officers are:
Dr. F, ,J. Stockman,
Dr., Martin Lasersohn,
Joseph G. Noh, ,A. E.
Shprndal 'and Dr. Justus B.. Rice, Vice-Presidents; J. E.
Mulhern,
Treasurer; Da\ld Easch, Secretary;
Sidney C. Mills, Assistant Treasurer,
and J. JM.
Grece,- Assistant Secretary.
In addition, the following
divisional Vice-Presidents have
been appointed: P. Val
Kolb, Special
Markets; R. W. Henderson, Myerstown (Pa.) plant;' Richard
Carroll,
Rensselaer (N. Y.).
plant, and Dr.-Harold L.' Hansen, Control Labora¬
tories.—V. 166,-p. 1259.
"
A
merger,
Bond
.
Co.
common
Corp.,
stock,
which
Co.,
and
Oil Co. common.
641,808
owns
owns, 582,657
1,341,4§3,
on
Sept.
to
the
by
Other
The
first" operation, it is
understood, would be to purchase the
Getty family's stock interest in Pacific Western for
cash, this to be
by a debenture issue that might be sold either
publicly or
privately. (New York "Times").—V.
166, p. 1259.
'
income
Int.,
7,758,002
or
62,500
984,000
$3,962,988
136
708
11,985
857,891
Net
Sunshine Biscuits, Inc.—Moves Executive
Offices—
announced
executive
offices
1096.
p.
from
corporation
Kansas
has
City, Mo.,
■
Shares,
SEC—
Inc.,
-
general
Y.--V. 166,
Moines,
$3,117,082
$3,745,034
375,678
income:
$325,160
$328,906
requirements for period——■i.
div.
*Net
375,678
■
!
-
!
-
$2,741,404
3,117,082
__
income-—^
are
&
—V.
of
name
principal
each
amounts
of
principal
the
under
Securities
provides
for
company,
as
bonds
and
The
to
Corp.-
5%
are. to
mechanical
is
it
reason*
like
notice
with
cash
for the
deposited with the
general
for
program
proceeds,
funds, will be
not
$10,500,000,
the
and
year
for
Prior
to
the
expects
to
obtain
1947
other
issue
and
to
with
finance
Operating
Operating
Federal
corporate
of
necessary
purposes.
the
Amort,
now
Net
issuable
proceeds
to
to
be
against
from
such
withdrawn
fundable
fundable
issue
issued
Aug.
in
escrow
tfche;.basis
on
of
subsequent
•
with
•
the
on
on
'
■
_
1st mtge.
1st mtge.
2Va%
.
bonds, 23/<% saries
bonds, 2%%- series
10-year serial notes,
1955
,
Authorized
•
due
1975}
due
1977 f
due 1947 to
-
-
|
preferred stock (no
Common stock (no
int.
:
:
par)—705,003.634
100,000
343
3,353
agent
company
ferred
Issue
is
stockholders
of
preferred
redeemed
The
and
ing:
the
Dec. .19
°n5
and
the
of
to
of
$6
its
make
offer to its
preferred stock
a
dividend rate.
If this
preferred
stock
$4,778,897
8,322
bank
company
in
for
one
or
notes;
the
(3)
other
was
corporate
incorporated
purposes,
in
Texas
was
Fort
Worth
area.
a public utility company
operating wholly within'
Texas, and is a subsidiary of Texas
Utilities Co.
a
incorporated on Sept. 4,
1945, and of American"
Power & Light Co.
and of filectrie
Bond
and
Share Co».
is
Company
engaged, as a public utility
company, in the generation,
purchase,
transmiss.on and distribution
of electricity.
It sells electricity to resi¬
dential, commercial, farm,
industrial, and government and
municipal
customers, and buys from, and sells
electric power and
energy to,
other 'public
utility companies.
State
of
corporation
Pursuant
to
Order
become; effective
the
of
the
SEC
dated
Oct.
joint
1945,
permitting
to
applications and declarations filed
under
the: Public
Utility Holding Company Act of 1935
by American Power
& Light Co. and
Texas Utilities Co. and
American Power & Light
Co.,
Texas Utilities
Co., and Electric Power & Light
Corp., a new public
Utility holding company system was
formed under control of
Texas
Utilities Co.,
this system
tvithin
the
a
wholly-owned
group
of public
State of Texas,
Dallas. Power &
Light
Incorporated in Texas,
all
of
the
Light Co.
Powe'r &
&
Light
subsidiary of American, to bring into
utility companies operating wholly
consisting of Texas Power & Light Co.,
a
common
held
by
Co.,
and
Sept.
stocks
4,
of
the
company.
and on
1945,
the
company
and-all of the
Texas
Oct.
and
Utilities
29,
of
1945,
Texas
Co.
was-
acquired
Power
&
American,
common
stock of Dallas
Light Co., being about 91%
thereof, held by Electric Power
Corp. As a condition precedent to
permitting the "brder to
A
V,
i___—
5,088
^
PRESENT
<
par)
for
offered.
now
Outstanding.
,
*1,000,000 shs.
($10
300,000 shs.
100,000 shs.
conversion
!
'
of; the
ISSUK
75,000 shs.
75,000
shares
•
of
V
•
5,106
58,387
of
mail
sets
1952.
firm
stock to provide for the
the outstanding warrants.
common
by
commitment
FOR
YEAR
ENDED
APRIL
30,
1947
allowances——,_w—
$2,182,189'
—
-.790,522
873,838
—
$517,829
24,943
——--—
income—-——
—:
—$542,772
for Fed. income
tax on unrealized
taxable
171,219
141,190
income
209,643
Cr45,958
Cr5,699
$3,523,323
865,050
$3,981,227
Engineer.
"'
v.
"
•'
;
'.j
•'
J-
.
.
865,050
'»
r
•>
•
'"s
A
-
/
.
Mi*'":..
+
(
& Western
been
A
elected
member
since
the
board
last
was
It
January, Mr.
paid
five
announced
that
]
p. 860.
and
succeeds
Mr.
•".
John
Lockhart had
stock
M.
re¬
operations
/.
accounted
was
';v
for
and
year
each
in
coaches, H.
Nearly 60%
quarter.—V.
August
25%
a
■■
reached
v
estimated
an
30%
above
'
759,000
channel
by this company
Forth
Worth,
Administration
plant,
tary needs,
one
has been
Texas,
and
the
of
on
freight
air
166,
for
oil
Sept.
buildings
their
rates
and
on
gas
of
and
State
and
Net
Co., 'Jersey City.
York.
Transfer
' 'V
"•
•
-
be¬
to
as
has
1097.,'
p.
land.
It
166,
mili¬
has
p.
a
96.
United.
;
/ •
-
to
\
■
Treasurer, Mr. Hayward
been
-
General
Manager
:
continues
in
charge of
7 ;7:.•"
;
,
.
•
;
1947
.
depletion——
taxes
1946
$126,377
55,418
(est.)
$98,030
48,465
:
/
29,000
20,000
$41,960
to
plan
a
$29,565
Recapitalize—
Under
•
vertible
of
to
the
new
price
of
will
In
in
plan,
the
seven
stock
will
outstanding
preferred
future
near
the, capital
shares of
be
would
be
$25
new
issued
$100
receive
structure
in
5%,
par
callable
for
the
of
par
4%
exchange
cumulative
at
par
as
their
7:"7
cumulative
for
$10
par
against
stock.
common
the
con¬
share-
every
preferred
the
for the
present preferred stock.
Conversion
stockholders to exchange
their preferred for
addition
considera¬
company.
$105
enable
shares
will
readjust
preferred
presently
stock.
callable
privileges
two new
'
»
preferred
stock will have the added protection of
of the annual net, after depreciation, depletion
taxes and dividends paid or accrued
on
account of the preferred stock.
This sinking fund will be used for the retirement of
the preferred
issue either by
tender, purchased or call.—V. 165, p. 2932.
1
'
a
sinking fund of 20%
Wabash
agent,
'
income
RR.—Earnings-
August—
meet
a
held
shares
,
tion
The
which
of,
share
'
profit
Gross
1947
1946
1945
1944
$7,842,189
$7,303,821
$7,167,292
$7,816,725
railway—1,956,060
1,963,260
595,102
2,861,139
738,831
1,519,695
579,561
61,176,706
51,817,591
64,672,505
63,376,915
16,030,756
8,998,661
4,115,156
23,833,955
24,715,411
6,217,570
6,037,324
from
railway--
Net
from
Net
ry. oper., income
Gross
Jan.
from
Net
from
Net
ry.
•
railway——.
oper.
166,
712,670
1—
railway—.income
6,548,791
-
860.
p.
Wayne Knitting Mills (& Sub.)—Earnings—
,,
6 Months Ended June 30—
Net
income
after
Common
New
;
depletion——
The stockholders
.
Co*.,
directors
each
200,000
1
duties
new
Baldwin
166,
Federal
highest
Specialty Corp. — Preferred Stock
Offered—Herrick Waddell &
Co., Inc., on Sept. 30 offered
75,000 shares of 5%
cumulative convertible preferred
stock at par
($10) per share.
States Corporation
his
Mr.
Depreciation
United Utilities &
Trust
of
for
from'
Virginia Iron, Coal & Coke Co.—Earnings—
k
—V.
Irving
to
6 Months Ended June 30—
Income before depreciation and
From
acres
the stockholders will
board
stock
.
Plans
operator/ War As¬
government
426
20,
the
director.
a
production.—V.
17.
capacity of 45,000,000 pounds of carbon black
annually.—V.
Registrar,
as
addition
Secretary.
1260.:,
p.
plant operated during the
$4,300,000 to Sid W. Richard¬
largest built by the
670
also
In
as
common
black
independent
announced
of
consists
sold
by
Cary Hay ward has been elected Treasurer of the corporation
Harry Baldwin as Vice-President ki charge of production.
Mr.
Hayward succeeds Ernest H. Wolfes who, though retiring from active
business, "will continue as a financial consultant to the corporation
;
•
An
in
reduction
carbon
Oct.
on
common
and
of
Aug. 1.
Air express for the month was
estimated at
ton miles, up 21% from a year ago and
13% from July.
Air
off .6% to an estimated 649,879 ton
miles.
Texas,
of
N.
C.
ton miles, a 128%
contributing factor,
July.
effective
Odessa,
shares
Verney Corp.—New Treasurer, Etc.—
according to M. P. Bickley, Manager of cargo
The company flew an estimated
1,325,845 ton miles, an increase
over the
same
period last year and 22 % above the
previous
last
three
increasing the authorized common stock
750,000 shares.—V. 166, p. 1097.
)■ X-
.
months,
over
of
.
share
per
dividend
and
:
•
Tojbacco Co., Inc.—300% Stock Div.—
armual meeting to be hold
authorizing the declaration
consider
Previously,
cents
cargo
America, has been appointed Chief
engineering staff of RCA for 19 years.—~
the
'
Universal Leaf
V At the
Treasurer of
Chairman of the
cents
25
with
was
1156.;,
.
'
and
Leslie
Co.—August Deliveries—
35
He
166, p.
Air, Inc.—New Treasurer
Vice-President
of
f 1
represented 41-passenger models.—V.
166, p. 707.
of
v
ing section of the Radio Corp. of
'it-''
•
-
9
has
',
v
.
Airline.
$230,363
T7~~ """"""
/
: 'i
; 209,643
,
was
The
undertake
United States Television Mfg. Corp.—Chief
Engineer—
Antony Wright, former Manager of the television receiver engineer¬
-17,470
United Carbon Co.—Gov't Owned
Plant Sold—
son,
represented
-v!tl66^°pi.t3ioT""i"
110,466
Further air freight increases are
anticipated, Mr. Bickley said, under
ft new 33 Vb % reduction in rates
due to be placed in effect
throughout
United's system Oct. 23.—V.
166, p. 1156.
war
to
deductions—-———
Provision
$392,123
$340,448
requirements for the period
;
Bickley said,
566,845
underwriter
from operations——
gross
Crl,103
Treasurer.
as
freight
came
the'rights
income——i—
17,470
—
corporation's
in
increase
Mr.
the
sales--!————_—-----.J-.-—•
Other
66 %
•Air
of
of
Other
United Air Lines, InCw—R,ecord
Cargo Operations—
tales.
sufficient number of shares of
Cr6,291
Committee
company
point
to
Selling, general and administrative expenses—.
61,553
133,115
per share has been declared on the
stock, ptj,r $25, payable Nov. 8 to holders of record Oct. 10.
the
inducement
an
the
Sept. 30,
a
"Cost
'
5,045
13,101
constr.
Leslie
dividend
An
24.
■
.
OF
disct.
deducts.-
.
World
this output
y
iu-kfh cempany is
the
Texas
name.
SALE
47,458
During August this company delivered 205 motor
Arnot, Vice-President in charge of sales, announced.
month.
organized to bring together into
separately operated in Northwest Texas
1946,
V
$5,270,898
866,250
,
Lockhart
will
of
TO
16,780
42,459
new
more
EFFECT
,
reserved
EARNINGS
$5,254,118
866,250
Transcontinental
plan
exchanged
pfd. stk.
shares
Net profit
$4,787,219
\
The
$1,000,000
BUSINESS—Company
and
not
,
pre¬
$6
lower
said
an
of the unexchanged $6 preferred
stock;
serial
The
Texas
for
a
use
(p the
AND
1929.
,
future,
retired.
4p^)perties then being
West
i
near
exchange
carrying
shares
proposes
payment
HISTORY
to
stock
all
company
i?
42/
-:v_
in
may,
consummated,
be
'
ip-
The
25,
commenced
exists to purchase any of
75,000 shares of preferred stock now offered.
Herrick, Waddell &
Inc., has been appointed the exclusive selling agent of the com¬
pany for a period of 90 days to sell all or
any part of 75,000 shares
of preferred stock.
:
:
4,916
3,750
Twin Coach
common
to
as
April
and
the company's certificate'
change the corporate name to
underwriter
exercise
1,200,000
72,188
"
1,705,000 shs.
its
so
.
1946,
Specialty Corp., its present
($1
conv.
866,469
1,590,000
Br476
-
-
May 20,
amended
,
Corp.
controlling stockholders have covenanted that, during the period
within* which the" rights represented
by the warrants may be exercised,
the controlling stockholders
will
deposit in escrow with an escrow
"Unlimited as to
authorization, but issuance limited by
Union Asbestos & Rubber
property,
earnings and other provisions of the
Co.—Earnings—
'
mortgage and deed of trust. :*tIn-v V i
eludes maturities to
Period End. June 30—
1947—3 Mos.—1946
July 31, 1948,
1947—6 Mos.—1946 /
aggregating $250,000, which are
carried
in
Sales- '
-l—"
current liabilities,
Not available
llncludes 2,387 shares of
$4,055,763
$2,584,964
stock.
reacquired
"Net
income
:>'■
$224,564
$91,844
447,304
187,044
Capital shares outstdg.
495,376
475,376
495,376
475,376
CONTRIBUTION TO COMMON STOCK
$0.45
EQUITY—Prior to, or con- ; ' Earnings per share-:—
$0.19
$0.90
:
$0.39
currently
with,
the
issue
and
delivery of the 1977 series
^After charges and Federal taxes.—V.
bonds, -,
165, p. 2482.
fx^iS
^eSL ^°" ^0ne
^he parents) will make a cash contribution
of
$1,000,000 to the common stock
equity of the company.
Company
Union Oil Co. of California—Dividend
proposes to add this
$1,000,000 to the stated value of
Increased—v
Stock.
Delaware
in
Utilities
the
940,968
;
$443,380
.
signed, effective Oct. 1.—V. 166,
*65,000 shs.
On
Gross sales—less returns and
1156.
••
Albert
;
a
Co.,
$442,904
income
Trans
'
was
;
organized
United
The
1947—12 Mos.—1946
3,333
.
.
shs.
&
166, P.
T
•
7,000,000
200,000 shs.
1946.
management.
of
name
UNDERWRITING—No
72,188
stock dividend
—v.
•-
;
1947,
$497,012
debt
expense
Net
to
t2,000,000
par)
1,
bonds
chgd. to
Pref.
-
Oct.
notes_i._
Interest
—
$6
Operated as
aggregate of 50,000 shares of common stock
(now owned by the
controlling stockholders) at a price to the con¬
trolling stockholders of $5 per share if exercised in whole or in
part
time and from time to time up to and including
$8,000,000 Jlrst
of
"
I
;
of
dated
75,241
utility plant
acquisition adjust.;
Outstanding
($18,000,000 v
''Not
specified
was
1
and
GIVING EFFECT TO.
PRESENT FINANCING
1,
&
stock
Total
mtge
of
Executive
CAPPITALIZATION
and
at any
$1,573,392 $19,051,215 $17,476,285
747,549
9,496,431
7,792,824
206,879
2,241,566
2,357,958
$496,769
(het)^'—
Amortiz
-
-
1933
-
-
266
serial
trustee
additions
v.'
in
controlling stockholders have agreed to issue to'
non-transferable warrants at 10c per share covered
by the warrants, which warrants
are/exchangeable on demand for'
negotiable warrants.
The negotiable warrants will entitle the
holder
thereof to purchase an
ACCOUNT
120,000
income
Amortiz
cash
be
85,784
—
revenue_^._
Int.
exceeds
31, ,1947," the
end
was
financing,
the
res.
,
.
at
will
monthly
property.
be
property
be placed
to
limited-term
income
Gross
company
purchase
are
INCOME
880,813
; 220,272
.
-
oper.
Other
advances estimated at
$2,200,000 from
Texas Utilities
Co, and from Texas banks to be used for its
construc¬
tion- program.
Such
advances are expected to be
repaid from the
proceeds arising from the
issuance and sale of the 1977
series bonds.
Advances to be obtained
from Texas Utilities Co.
will be made pur¬
suant to
authority granted by ord<jr of the SEC dated
March 14, 1947.
To
the
extent
that
the
$7,000,000 of bonds
oonds
of
Other
offered,
-
investments
'
'
securities
short-term
the
$1,803,904
expenses_„j
appropriation
cash- from
bonds
1947^—Month—-1946
.
revenues-^-
taxes
taxes
Other
the
for
The
Oct.
Property retirement
company's construction
expenditures of approximately
entailing
sale
the
•
ownership
on
cum.
this
always
York
Interest
together
used
bids
1977.
Period End. Aug. 31—
trustee
,
PURPOSE—Net
mature
inviting
due
V> > >COMPARATIVE
:
replacement fund or the current
sinking or other fund requirements, or with the proceeds of the release of
property, at the following
special redemption prices: if
redeemed prior to Oct. 1,
1948, at 101.52%;
thereafter with successive
reductions in the special^
redemption price
for each 12 months
beginning Oct. i; and at 100%
beginning Oct. 1,
1976; in each case with accrued
interest.
\
the
bonds,
,
1
at
redeemable with
v
,
started
was
corporation
corporate
preferred stock
V
■
J, 1977. .Bids will be received by the
company at
2033, No. ■ 2 Rector Street, New York 6, N.
Y., up to 12 noon,,Time, on Oct. 14, 1947.:
./
'
V-', /:
Room
New
Oct.
Also
same
*150,000
—s—3,500,000
arrange
is
company
mortgage
-
in
or
business
Authorized
under¬
$3,500,000
—---—
Texas Power & Light Co.—Bids Asked—
a
whole
a
notice
remaining items
to
,
May
incorporation
of
companies in -exact alphabetical
order.
However, they are always as near alphabaticel
position as possible.
'
part at any time, on not less than 30
following general redemption prices;
prior to
1, 1948, at 104,51%; thereafter with
successive reductions in the
general redemption price for each
12 months' period
beginning Oct. 1;
and at 100%
beginning Oct. 1, 1976; in each case with accrued
interest
prior
directly
the
WARRANTS—As
including
days'
and electric irons
the
period of approximately 12 months.
Down payments
amount of sales and are received when
the mer¬
delivered. '
'
present
the
business
3,087,716
;
NOTE—-For
sinking or other fund payable on or before
1958, and on or before Oct. 1 in each
year thereafter to and
the year 1976.
Bonds are redeemable at the
option of the
1,
sales and
af
of
is
the
The
$3,369,356
underwriter
series
1977
Inc.-,
1259.
possible
issue was awarded
Sept. 29 on a bid of 101.297, Six other
bids,
naming a 2%% coupon, were received at the sale.'
They were:
Glore, Forgan & Co. and W. C.
Langley & Co., "101.0719; Hemphill,
Noyes Ss Co. and Drexel &
Co.,
101.007;
The
First
Boston
Corp.,
100.631; - Blyth A Co., '
Inc., Kidder, Peabody & Co., and Smith,"
Barney & Co., 100.56;
White;; Weld & Co. and Lazard Freres & Co.,"
100.5091; and Halsey, Stuart & Co.
Inc., 100.3378.
.N':'."-'*'.■.
Dated Oct. 1, 1947; due Oct.
1, *1977.
Principal and semi-annual
(April 1 and Oct. 1) interest
payable at office of Bankers Trust
Co.,
New York, and office
of Fort Worth National
Bank, trustee, Fort -■«
Worth, Texas. The supplemental indenture
under which these bonds
Oct.
of gross
.
The
issued
over
The company's
each
are
made
are
10%
chandise
v
Co.,
&
Webster
166, p.
Texas Electric Service Co.—Bonds
Offered—Harriman
Ripley & Co., Inc. and Stone & Webster Securities
Corp.
on Oct. 1 offered
$7,000>000 first mortgage bonds, 2%%
-
At
,
follows:
as
Ripley
instalment
blankets,
par)-
written
Harriman
Stone
the
on
>
addi¬
open
partnership from that date until April 30, 1946, when the business
of
the
partnership was acquired by the corporation and continued'
,,
^
approximately 85%
Common
respective
to employ
company'*-'
to
products purchased from nationally
present, and under normal condi¬
name
sold.
are
GIVING
the
and
regular motor
company serves from 50,00j to 60,000
the
brand
CAPITALIZATION,
,
^
part,
United Utilities
..
'
main
UNDERWRITERS—The
'■•.'-v':
operated
-
■^Computed giving effect to elimination of
extraordinary non-recurring
special charge.-
tax benefits not offset
by
The company on Sept. 25 filed a
registration statement with the
SEC covering
500,000 shares (25c par) common stock. T. C.
Henderson'
& Co.,
Inc., will act as distributors fof the shares.—V;
152, p. 439. :•
series due 1977 at 1-01:51 and
interest.
silver-ware,
present time
manufacturers
ynder
Balance
la.—Registers
;f'.,..
,
Pfd.
its
the
average
1,578,226
.
Des
/'•.
transferred
to New York, N.
■;
.
Supervised.
with
that "the
company.
It is intended
in the expansion of the
presently
of
any
.
working capital
the consumer at his home on the
or credit
plan. The purchaser is required to make regular
weekly payments over a period of
approximately 50 weeks, or monthly
$5,323,260
93,417
additional
as
aluminum-ware, silver-ware, blankets, watches
sales
instalment
40,502
$3,974,973
the
All
.
It; is
At
payments
$402,323
used
approximately 15%.
$5,282,758
$389,733
64,573
-
required.
aocounts.
constitute
663,333
$401,615
be
the
capital
territories
if
aluminum-ware,
routes.
974,596
78,000
deductions-,.-
as
For
$389,597
approximately.
purchase
furnishings and specialties,
sheets, curtains, mat¬
tresses, rugs, kitchen utilities, watches,
jewelry, electric irons, vacuwm.
cleaners, radios and other miscellaneous items.
The method of distri¬
bution is by door-to-door
selling through salesmen over
6,437,666
1,416,278
75,935
be
to
BUSINESS—The company is
engaged in retailing,
credit plan, various items of
household
such
known
2,176,887
;
of
working
in
territories,
tions,
977,185
212,040
86,5l4 "
—
activities
will
proceeds
purposes
additional
tional
among
Utilities
re¬
income
etc.,
599,624
•
.,
general
such
$1,351,714 $15,859,062 $14,774iS31
784,273
revenues
the
net
sales
;
1947—12 Mos.—1946
1947—Month—1946
appropriations
Gross
financed
EARNINGS
219,619
taxes,.—
Property ret'irement
entire
active
OF
$1,558,003
taxes
oper.
for
interest
in
Texas
distribution
of
Texas
Utilities
preferred stockholders, or if such
plan,
either of these companies.
Other
serve
contemplates,
will
company
commitment
<
.
voluntary
SUMMARY
Net
which
shares.
The
American's
withdrawn
Federal
"'
6,
1946,
American's
of
Period End. Aug. 31—
or 46.71%, of tne
shares, or 59.37%, of
Tide Water Associated
of
be
..
shares,
common
20.97%,
or
Co.
Operating revenues—,-,Operating expenses
'—
,
Oil
Share
stock
common
and new financing.
At tne head of the Getty group stands the Pacific Western Oil
Corp.,
Which, m addition to its 577,854 shares, or
9.03%
of Tide Water Asso¬
Mission
and
shall
Sunray-Skelly Oil Corp.,
Bkelly
Dallas
Co.,
the
things, divestment
through public sale
and
;
ciated Oil
Light
Co.,: and
other
involving this corporation and the Getty-controlled com¬
reported to be under way on Sept. 19.
The deal, according
involves the creation" of a new
company,
probably the
was
reports,
PURPOSE—The net proceeds to the
$627,112..
However, there is no firm
company.
Upon application by American,
Commission
has
extended
to
Dec.
31,
1947, the
time within
which American is to divest
itself of its interest in Texas Utilities
Co.r this extension of time,
however, being subject to the reservation
by the Commission of jurisdiction to
terminate, after notice and
opportunity for hearing, such extension prior to
Dec, 31, 1947, if
during such extended-period the Commission issues
an
order dis¬
approving the • Section 11(e)
plan filed by American and Electric
Sunray Oil Corp.—Merger Rumored—
to
required that American
agree
to divest
year irom date of order of, all
direct or" indirect
Texas
Utilities Co., Texas Power &
in
49
SEC
the
.
panies.
the
one
Power & Light
,
-
effective,
witnin
shares
Earnings
per
—V.
165,
p.
Federal
'
common
2716.
•
'
;
taxes—;
outstanding—
share—
•
1947>,
1946
*
—$741,632
$449,485
301,998
——-—$2.43
150,000
$2.9®
■
j
50
THE COMMERCIAL ft FINANCIAL CHRONICLE
(1398)
and
Weber Showcase & Fixture Co.—Secondary Offering—
William R. Staats Co., San Francisco, and Blair & Co.,
Period—
"
•
button
systems in
C,
Ended
Ended
Frank
Mar. 31/47
Jun 30/47
$329,068
*$680,868
*$351,800
operations—,.
the
of
R.
Denton,
Mellon
elected
"Preliminary figures for
July and August, 1947, indicate continued earnings
and it is hoped that Western will be able to eliminate the entire first
of
quarter deficit by
Western's total
reduced
$173,805
additional
miles
passengers
load
passenger
factor
the
for
Mines,
The
SEC
company
for
33,400
$8.50
per
York,
as
Silver
Reef
Sept.
on
shares of
share
Mine
for
Frank
L.
Proceeds
regular
letter
a
stock
common
through
underwriter.
filed
30
be
10c),
(par
Porter,
will
notification
52
used
to
be
he
The
1
.
Communications Commission
another one-year extension within
telegraph operations.
which
granted
divest
Is -running
new
at a
rate
than
at a
a
better
volume of switch-gear for controlling
is running 100% ahead ©f 1941.
to fill our customers' immediate need
power
The
seventh
12
of
huge
Dam, in the
work is proceeding
and
recently
transformer
of
five
on
,
Division
water
State
Mr.
more,
to
said.
Price
The
Dam
Gross
166,
ry.
Net
ry.
-1947
-Earnings—
1946
--
$406,652
'V
Net
v
1945
-
*618,820 '
160,583
Gross
country with vastly greater speed and efficiency, ft wiM speed
telegrams to their destinations by the mere
pushing of a button,
where under1 the old system each message had to be
manually re¬
transmitted.
The capacity of
the center twill be about three times
160,583
$3.85
from
Net
—V.
.
-1945
,
*
;
1944
,
166,
$2,073/490
The
572,831
811,170
Ky.,
261.901
528,861
,
19,129,899
13,161,534
18,106,429
v6^Q2^018
2,359,327
;
.?/:
16,685,746
-5,-928,751
4.354,673
2,670,478
1,872,201
1 6,963,767
income—
2,191,583
and
from
West
1097.
Virginia,
Kentucky,
This
Ohio
has made
company
10,000
shares
of
income
336,595
103,354
'175,468
Jan,
-
1—
724,978
C
*.
railway.™
17,185,960 M4,830,542 '
4,928,248
2,831,663
railway-,.-—
2,549,670 t
/ •/'/■
'
"■
V
•
14,232,213
15.065,575
3,886,050
4,112,516
1,377,205
1,869,134 y 2,237.710
Sept.
on
370,000
29
filed
shares of
Shares
,,«
registration statement with the
stock. Underwriter, Loewl &
a
common
offer
an
Nashawena
Mills
to
at
purchase
initially
$40
share,
a
or
part
any
and
will
will
ofetred
be
offered
be
stockholders
to
publicly
and
underwriter/
through
A/'/;///'' /' ' >
'
t
company
Sept.* 30
on
filed
registration
a
statement
with
the
covering $4,000,000 30-year first mortgage bonds. The names of
will be determined by competitive bidding.
Proceed*
be used to repay short-term bank loans.—V,
166, p: 1194, V
'.»>•
underwriters
Yale & Towne Mfg. Co.—Director Resigns
V
-
-
all.
shares
165, p. 2932.
Wisconsin PublicService Corp.—Registers wUh SEC^
the
;
-
.tele-,
$1,974,148
530,767
company
The
SEC
(William) Whitman Co., Ine. (Mass.)—Makes Offer for
Nashawena and Nonquitt Shares—
" V
Ind.,>
system,
new
weeks,
1944-
570,384
288,318
574,671
T.?"/
will
Lawrenceburg and Aurora,
1945
$1,901,882
704,398
Milwaukee.
—V.
,
London,
and Oxford, Ohio, were the first to be connected
with .the
f Additional lines will be cut
over daily.'
Within three
1946'
$2,152,501
600,318
Unsubscribed
$2,329,660
887,026
railway™.
p.
;
1947
$2,214,745
from
from
Co.,
-
$2,354,897
935,959
income^.—
oper.
'
Ry.—Earnings—
,-n
SEC covering
railway—j—^
from
ry.
1946
.
'
.
$1.52
$2,703,222
(__
Jan. '1—
Net
"
.o///;■
..
Central
Net ry. oper, income™,
-r-V, 166, p. 966,
$244,060
160,583
$2.53
.1947
,
railway
railway
oper.
From
•
Wisconsin Investment Co.—Registers with SEC—'
,
from
from
and are carried at $600,000. Nasha¬
costing approximately .$40,000. on order,
this year.
-
share
installed
railway^™
oper.
From
165, p. 3100.
August—
Net
be
railway™™
from
Net
Gross
•
per
to
August—,
.
the
built.—V.
ever
*
r
$8
machinery
expect
,
Wheeling & Lake Erie Ry.- -Earnings—
of
of
new
Wisconsin
Gross
—V.
Dividends paid
$6,6^1,176,
Vice-President Resigns—
from
__«*
of
sales
on
Marland C. Robbs, Executive Vice-President and la charge of manuT
at
the
company's mills, recently resigned this position*
—V. 165, p. 854.
;
:;y.,
Net
Capital shares outstanding
Earnings per share
$637,560
factoring
shipped
was
Bonneville
company
$ Months Ended June 30—
>1:•
Net profit after taxes and
charges-
Aug. 31, 1947, have been
The Nashawena report
ended
wheel -generators ordered
Washington,
shipped
the
mills.
both
months
.distributed
,
on
to
at
also
is
transformers
in
Interest
eight
of
of
Weston Electrical Instrument Corp.
was
communications
equipment
production
.
that of the facilities now used.
Lines to Corbin and
value
has
1194.
of
of the
graph
meter
for
stockholders of both corporations.
Nonquitt for the first eight months of this, year skews a net profit
$282,035 on sales of $4,127,123.
Dividends of $1 per share were
during the period. Total .current assets on AUg. 31, 1947*
toere $1,684,549 and current liabilities $887,012,
This company's no
par'value stock, 48,000 shares/ are valued at $1,760,000; or between
$36 and $37 a share.
Machinery costing approximately $91,000 has
been ordered by Nonquitt and most ,of it will be installed in 1947*
.
the
itself
streamlined push-button .telegraphy arrived In Cin¬
Oct.
1, when a $2,000,000 ultra-modem ^communications
ready for the. cut-over from the old system to the new.
•;
The new push-button system in Cincinnati is one of
the largest in
the nation-wide network of
Western Union
switching centers now
being installed to /flash telegrams automatically to and from all
.parts
era
and
Coulee
single-phase
New System Installed in
Cincinnati, Ohio—
new
stated
a
Dollar
year.
Transfdrme
P.
divestment in September, 1943, When it
approved the merger of Western Union and Postal
Telegraph, inc.
It
has granted a year's extension each
year since, stipulating that fur-,
ther extension will be permitted
only after a satisfactory showing that
the divestment cannot be carried out
reasonably within the time fixed.
The
Grand
reoently
Delayed—
19
to
electrical
distribution
of
1941
largest
The Commission ordered the
cinnati
that
orders.
ment
international
system
associated
of
.....
to continue this high rate
generating equipment through 1950."
power
Output
Sharon
Sept.
on
Sept. 30.
"we expect
on
said,
regulating electric
for
-
'
Federal
company
at
the
Western IJnion Telegraph Co.—Divestment
'
according to Mr. Price.
<
"
1 In addition to turning out record volumes of equipment for private
industry, Westinghouse is also working on several important govern¬
,
Street, New
preparatdoja of
erection of mill, and
mining operations,
'
"But all this is -not enough
for .electrical equipment,"
the
offered
of
that
above
and
he
of electric
said.
twice
rate
William
for
working capital
its
with
announced
Production
high,
City, N. J.—Files
of
'
,
two-thirds
a
net profit of
a
shares
during the period were $1 per share. The balance sheet as of Aug.
31, 1947, shows total current assets of $3,607,637 and current llabHx
ities of $1,154,259.
The company's 75,000 no par value shares have
1901.-
Generating Equipment Output—
Furthermore,
with SEC—
>
since
controlling interest -in both corpora¬
a
selling
75,000
reports
wena
President,
second quarter was 68.42%
Inc., Jersey
associated
shows
Westinghouse
an
all-time record demand for electric power, this
is turning out steam turbine generating equipment at a
nearly double that
of
any
previous year, Gwilym A. Price,
50%
Gold
been
the
of
have
Interim
submitted to
meet
production
as compared to 55.35%
in the first quarter, with a resultant increase
of $997,334 in passenger revenue.—V. 166, p. 1194,
Western
Vice-President
a
will
Administrative Officer
Pittsburgh, Pa., has been
Newbury, resigned. Mr. New¬
Co.,
which- they
■
,
Chief
owns
agents ,for Nashawena -and Nonquitt;.
of stock outstanding, of
which the
Whitman
company
owns
more
than 40,800
shares.
Nonquitt has
48,000 shares, of which Whitman owns more than 26,300 shares.
If
the move
to
buy these shares is successful, the Whitman company
has
rate
additional 132,844 revenue
handled and an
were
flown.
were
Revenue
i
help
and
Trust
succeeding Frank D.
retired as
which he had
with
Doubles
the second quarter were
with the first quarter, although :28,676
compared
as
&
company already
and also acts as
Nashawena
corporation
for
expenses
Bank
recently
also
To
the end of September."
operating
The
tions
to complete the national network.-—
Vice-Chairman
National
director
a
company
Dripkwater, President, reported;
months
part of 6500 shares of Nonquitt Mills at $38 a share.
stock
must
be
deposited by 5 p.m., Oct. 17,
1947, with either Tucker,
Anthony & Co., Boston, Mass., or Tripp & Taber, New Bedford, Mass.*
agents and depositaries.
166, p. 1194.
bury
Terrell
<
Ten-,
Westinghouse Electric Corp.—New Director-
.
*Loss.
the
Later,
<
other cities
11
'
.
Cincinnati system.
,
€ Months
Ended
3 Months
Jun 30/47
from
the
included.
connects
Earnings—
3Montihs
profit
through
Monday, October 6, ,1947
'
'
directly with similar high-speed telegraph cen¬
ters at Philadelphia, Richmond, Atlanta, St. Louis, Dallas and Oak¬
land, and with many other cities by direct trunk lines.
Western
Union's
postwar mechanization program provides for .similar push¬
Cincinnati
V.
Net
speed
will also be
nessee
of New York, on Sept. 29 offered 9,750 shares of common
stock (par $5) at $10.25 a share. Stock was sold on behalf
of Karl Weber, President.—V. 165, p. 3329.
Western Air Lines Inc.-
will
Indiana
all
<or
Don. Schuyler Merritt of Stamford,
Conn., now in his 94th year; b*s
resigned as a member of the board of-directors, It was annovmeed
of
on
any
Sept.
24.—V;
166,- p.-
1097.
/*
...
x*. "■
rrW
}i>:
BONO PROPOSALS AND NEGOTIATIONS
i
t-AWZONA-,,:/''"1' :i'i<
f*'*
University of Arizona
(P.
Tuscon), Ariz.
Bonds
ceived
Not
for
The bonds
O,
bids
$1,000,000
exceed 3M>% interest
San Francisco.
Nov. 1 from 1949
to 1966 inclusive.
re¬
not
to
exceeded
the
building and
amount
of
bonds
'*
:
,
000
Bond
election
an
Bonds
held
000
on
At
Sept. 16
issue of $162,-
an
bonds
election
an
was
voted.
Modoc County, Adin
Elementary
School District (P. O.
Alturas), Calif.
Bond
tion
Sale
with
school
ings
Details—In
the
sale
bonds
America
to
learn
at
a
cost
v.
166,
that
the
of
our
bonds
price of 100.07,
of
$27,000
Bank
of
the
1195
p.
connec¬
the
,,
Trust
Association,
—
of
National
cisco, reported in
sue
at
an
election
a
&
San
•;
Bonds
000
Luis
Fran-*-
now
were
sold
net interest
about
3,625%, as follows:
$19,000 as 3V2S, maturing Sept. 15,
$5,000 in 1948 and 1949; $3,000 in
1950; $2,000 from 1951 to 1953,
incl., and $8,000 as 33,4s, maturing
$2,000 on Sept. 15/from 1954 to
1957, incl.
Bond
to
Election—At
be held
will
ori
consider
Oct.
the
17
an
-
,
election
the
voters
issuance of the
following bonds: $150,000 swim¬
ming pool; $75,000 water system
improvement; $25,000 ball park
lights, and $25,000 municipal air¬
port improvement bonds.
Riverside County, Alvord Sch. Dist.
(P. O.
Riverside), Calif.
Bond Sale—The $145,000 school
bonds offered Sept. 29—v. 166,
p.
1098—were awarded to the Bank
0$ America National Trust
& Sav-
were
•
Bond
tion
Sale
with
Details—In
the
sale
•
1
■.
connec¬
of the
$270,-
Bank, of Los Angeles, reported in
our Sept. 22 issue—v. 166, p. 1195
—we
learn the bonds
were
sold
Bank of
Trust
&
Sav¬
Sept;
—
At
an
;
:
1.87%, as follows:
$101,000 as l3,4s, maturing on
July 2, $8,000 from 1948 to
1950;
$9,000 from
1951
to
1953; $10,000 from 1954 to
1958, and $44,000 as 2s, matur¬
ing $11,000 on July 2 from
1959 to
1962, incl.
June 2.
election
the following
bonda were voted: $115^)00 EI Rio
Elementary School District, and
$34,500 Timber Elementary School
on
17
District bonds.
' V\
."
bulletin
a
of
Commissioner
removal
dated
State
announces
-
from its current list
legal investments for Connecti¬
water system bonds was
cently. The bonds
at
No.
held
bonds
of
Corp.,
basis
bonds
1947
offered
on
Sept.
of
about
1.395%.
,
dated Oct.
are
Oct. 1
by the First
1.40s, at 100.03,
as
as
The
1, 1947. Due
follows: $13,000 from
1
son,
tion
with
the
eonnee-
sale of the
$15,000
city-county airport bonds to the
First
National
Bank, and the
Burns
National
Bank, both of
Durango, jointly, as 2s, at a price
of 100.445, reported in our Sept.
22 issue—v, 166, p. 1195—we learn
that the bonds mature
1961, and
are
on
Dee. 5,
callable at any time.
was
•
1967
incl.
tion
1
"
"
/
Bond
purchased
$150,000 road
bonds offered on Sept. 22—v. 166,
p.
1195—were purchased by the
R.: F. Griggs Co., of Waterbury,
as
1.20s, at a price of 100.45, a
dated
Oct.
Due
1962,
incl.
bidder
was
Securities
1,
1947.
held
on
Feb.
the
Stone
Corp.,
&
for
Webster
1.20s,
at
:
100.298.
FLORIDA
Broward
Fort
Bond
County (P. O.
Lauderdale), Fla.
Election—At
to be held on Oct. ,28
an
election
the voters
j
are
4.
Sale
—
$143,000 Brandon
.
An
School
issue
of
District^
f
purchased recently by the Hillsboro State Bank
*
No.
11
bonds
was
City,
as
2.90s, at
a
price
100.01; Due serially on Jan.
from 1948 to 1967 incl.
GEORGIA
f
I,
^
'
Catoosa County, County Sch. Dist.
1
'
(P. O. Ringgold), Ga./•/"'. /
Details—In connect-
tion with the sale of the $153,009;
school bonds to Johnson, Lane,
y
Space
&
Co.,
ported in
165,
p.
bonds
our
of
were
Savannah,
re-,
March 10 issue—
1366—we
Interest
serially from ,1948 to
The
second' highest
T
by.
Interest J-J. These
Bond Sale
Sale—The
'
District
at
Additional
./y
■i-'.;,-/ I.:'"/ Torrington, Conn.
f
1
au-
Tampa, and
a
price of
serially from 1948 to
3s,
as
Hartford.
will be furnished.
A-O.
Durango, Colo.
was
the bonds authorized at the elec¬
of Plant
of
i
issue of $100,-
bonds
of
Bank
i
D. E. Arries & Co., of
to
are
Sale. Details—In
an
River r School
bonds
to
approving opinion of Robin¬
Robinson & Co., of Hartford,
,
V
r
;
...
Palm
1948
First National
.
authorized
Hillsborough County Sch. Dists.
(P. O. Tampa), Fla.
,
Bond Sale—An issue of $200,-
1958
1957; and $14,000 from
1967, incl. Principal and
interest
(A-O)
payable
at the
j
re-
At an' election
—
Sept. 28
on
100.009. Due
$270,000 school
purchased
were
Boston
on
of
Granby, Conn.
V;
a
excess
sold
County School District "
O.Pensacola), Fla. \
associates,
Bond Sale—The
26,
in
were
thorized by the voters.
No.
is
\l.
r
10 (P.
construction
000
mento, Calif., and Spokane, Wash.,
•
*'ll
- v
• :
July 28.
on
Bonds Voted
000
debt
election
an
that date, the obligations of Sacra¬
the
'
'
Beach, Flat
Bond Sale—An issue of $40,000
basis of about 1.135%. The bonds
Bond
•„
Cocoa
Escambia
"
eOLORAOO
of
the
The
as
$145,000 Paso Robles Union Ele¬
mentary School District at a
price of 100.016, a net interest
Bank
because
Denomination $1,000.
V oted
follows:
cost
the
(P. O. Ventura), Calif*
Bonds
held
List—In
limitation.
Interest A-O.
(P. 0. San Luis Obispo),
:
(P* O.
Calif.
Ventura County School Districts-
San Luis Obispo County Sch. Dists.,
Calif.
by
National
000 in 1965,
i
■
\
ings Association, of San Francis¬
co, at a price of 100.035, a net in¬
terest cost of 2.427%, as follows:
for $45,000 2V4S, maturing $5,000
on Oct, 1 from
1948 to 1956, and
$43,000 2y2s, maturing on Oct. 1,
$5,000 from 1957 to 1964, and $3,-
Mallagh states that at the
election held on Sept. 19 an issue
of $73,000 construction bonds was
on
Sept. 30, the office of the
Guerneville
Rosa),
purchased
America
E.
election held
an
author¬
were
cut savings banks, effective as of
County,
'
■
.;
Connecticut (State of)
Two' Cities
Removed
From
Bond Sale —The $88,000 school
authorized at an election
held on June 20—v. 166, p. 204—
(P.O.
voted.
ized at
bonds
San Luis Obispo), Calif.
Bonds Voted — County Clerk
A.
Sept 9. The bonds
Legal
issue of $20,construction bonds was
Santa
railway
000 school bonds to the California
Redding, Calif;
dam
$1,500,000 school building bonds//*',
1
,
CONNECTICUT
election
an
/ will consider the authorization of
Colo.
;/■
Bond Sale—An issue of $500,000
construction bonds was sold on
-
an
School District
Obispo County, Nipomo
School District
Voted—At
Sept. 19
on
Sonoma
the voters: $25,000,000 water
department; $22,850,000 street
construction; $20,000,000 munic¬
ipal railway modernization; $12,000,000 recreational facilities; $5,000,000
parking
facilities,
and
San
.
.
voted.
considered
Street
1962, incl.
-
Utility District (P. O.
Redding), Calif.-
/
by
Sav¬
we
be
(City and County), held
Calif. .I/'/"
$2,200,000 Market
financing bonds.
to
■iSL
Las Animas County Sch. Dist.
x
No. I (P. O: Trinidad),
'
Shasta County, Shasta Dam Public
con-
to
1959
Interest J -J.
Election—At an election
be held in November the fol¬
Sept. 22 is¬
—
of
will
Bond
was
—
issue
Oct. 23. r
San Francisco
issue of $185,voted.
an
An
—
Sanitary District, Calif. lowing bonds will be
Voted
sewer
on
$8,000 from 1948 to
and $9,000 in 1958, and
$36,000
2s, maturing on July 2, $9,000
from
construction bonds
! fee submitted for the voters'
to
McFarland
Election
July
1957,
;/ 2,
V'/I
$225,000
••
bonds
sewer
At
—
Sept. 16
on
Calif.
held
Gustine, Calif.
Bonds Voted
held
about 1.865%, as follows: $89,D00 as l%s, maturing on
Elementary School District
{A O. San Bernardino),
sideration
CALIFORNIA
on
San Bernardino County? Rialto
improvement bonds offered- on i
Sept. 15—v. 166, p. 1098—were re- !
jected because construction bids
authorized.
125,000 Paso Robles Union High*
School District at a price of
100.025, a net interest cost <£
dated Nov. 1, 1947
are
and mature
v
Sold-—All
the
'">•*
■
learirithat
sold at par;
the/
;-
ILLINOIS
Alton
No.
Community Con.-Sch. Dist.
151 (P. O. Alton), Ills
,
Bond
Sale — The
$1,00^009
building bonds offered on Sept.
22—y. 166, p, 1195—were pur¬
chased by the Harris Trust & Sav¬
ings Bank, of Chicago, and the
First National Bank. &• Trust
of
Alton,
10H077-.
1,3971%,
jointly, at
a
as
a
net- interest
Co./
price, of
cost
of
follows: for $595,009
.
THE
Number 4635
Volume 166
iy4s, maturing Dec. 1, $45,000 in
and 1949; $50,000 from 1950
to 1958, and $55,000 in 1959; and
$405,000 l%s, maturing Dec. 1,
$55,000 from 1960 to 1962, and
$60,000 from 1963 to 1966, all in¬
clusive.
Dated Sept. 1, 1947.' In¬
Syracuse,
Bond
1948
1947.
V;
„*
Bona
i
F.
Klein,
receive
sealed
Offering—A.
will
Secretary,
•bids until 7-p.m. (CST) on Oct.
24 ioi" the purchase of $200,000
±y4%;: -building
bonds.; * Dated
March 1, 1947. interest M-S. De¬
nomination $1,000. Due on March
1,
as
follows: $10,000 in 1958; $25,-
000 from 1959 to 1965, inclusive,
$15,000 in 1966.
The bonds
were
authorized * at an election
and
No bids"
December 1946.
h»tM in
lor less than par apd accrued in¬
terest will be accepted.
Princi¬
pal t and Interest, payable at the
First National Bank, of Chicago.
approving opinion of Chap¬
& Cutler, of Chicago, will be
iurnished at the cost of the Dis¬
trict. Purchaser to pay for print¬
The
man
ing
A7 certified
bonds.
the
of
check for 1%
payable to Joseph P.
Mayer, Township Treasurer, is re¬
quired..
'
'
Jacksonville Airport Authority, III.
Bond Sale—The $80,000 airport
•
construction
at}d
acquisition
22—v. 166,
bonds offered on Sept.
H96—were purchased by the
First National Bank of Chicago,
p.
l£s,
as
at
100.602, a
price of
a
Oct.
basis of about 1.425%. Dated
1, 1947. Interest payable J-J. Due
serially from 1949 to 1962, incl.
The second highest bidder was
John Nuveen & Co., for $62,000
l3/4s, at a
l^s and $18,000 as
as
price of 100
-
Rock
Bond
-
#
¥
„
Island, III.
Sale—The $650,000 water
bonds, authorization of
which was reported in our Sept.
revenue
29 issue—^
v. : 166, p. 1300 —were
purchased by the White-Phillips
Co., of Davenport, and the Rock
Island Bank & Trust Co., of Rock
Island, jointly, at par;
terest
about
-
and accrued interest
on said dates,
interest payment dates
Principal and interest
at the City Treasurer's
■:J
Consolidated
held
on
thorized
an
At
—
Sept. JL3
struction
issue
bonds.
Sch.
Dist.
\
election
an
the voters au¬
of $100,000 con¬
Bond
City
Clerk-Treasurer, calls for pay¬
ment on Nov, 1,1947,2Vz% electric
utility rev, bonds Nos. 98 to 124,
aggregating $27,000. Due May 1,
as follows: $6,000 in 1951, $14,000
in 1852, and $7,000 in 1953. Said
bonds so designated for redemp¬
tion will be paid on or after date
called, at. the office of the City
Clerk-Treasurer,or at LaSalle Na¬
tional Bank in Chicago, at par,
additional
of
5%
interest
of
>
in
the
the
principal
amount thereof plus accrued in¬
terest to the date of redemption,
upon surrender of said bonds with
all coupons attached that mature
and after said redemption date.
Barren County
ders should
a
ported in
county.
a
a
parish will
council
en¬
net interest
166,
cost of
2.438%,
bonds, as lV4. Interest M-N.
Due
serially from 1953 to
.1962 inclusive.
' \
A;; //
re¬
Sept. 29 issue—v.
1300—we learn that the
p.
our
'
iy2s.
by bonds were sold at a price of
of the 200.01/as follows:
>
at larged from
$55,000 park bonds, taking $14,000
city. The coun¬
as
l%s, maturing $2,000 on
elected
area or
ber
a
lar
num¬
:
Oct. 1, from 1949 to 1955; $10,-
head
parish president to be titu¬
of the city and parish
Chief
governments.
tive
officer
will
be
a
manager.,*
.
on
/
>
w
Houma, La.
7:7;/ Bond Offering — B. F. Breaux,
Clerk,
will furnish the
City
of
bids until
will
10
receive
a.m.
on
Oct.
3
sealed
27 for
:
-.
the purchase of $875,000 not to ex¬
ceed
21/4S, maturing $2,000
1 from 1956 to
1960;
and $31,000 2 ^s, maturing
$2,000 on Oct. 1 from 1961 to
.1965, and $3,000 from 1966 to
000
/
administra¬
city-parish
as
Oct.
Interest M-N.
Due ser¬
ially from 1953 to 1955, inclu¬
sive.,
yy^yyr:;y>:.:::..,yyy:)
iy2s.
Dorchester County (P. O. Cam-
bridge), Md.
Bond
Sale—The $585,000 bonds
offered on Sept. 15—v. 166, p. 1100
/
1972, inclusive.
—were
purchased by the Harris
30,000 airport bonds, taking $14,- Trust &
Savings Bank, of Chi000 as 1 %s, maturing $2,000
Cafgo, at 100.037r«rhet interest cost
1 yon Oct. 1, from 1949 to
1955; of about 1.26%, divided as fol¬
$10,000 as 2^4s, maturing $2,- lows:
V ?; ■/;; v-:.'
'J
000
interest electric light
utility bonds. Dated Dec.
4%
to 1967, in¬
school bonds, as
sixth
1,200,000
:
own
from 1953
/f'.'-V;
as
Due ser¬
clusive.
seven
cil will select from its
Interest M-N.
ially
governed
be
nine,
bonds,
recreation
1,500,000
.
Principal and in¬
payable at the office of the
County Treasurer. - The County
N
of
members
crued interest.
(
charter, the
new
the urban
terest
approving opinion
Chapman & Cutler, of Chicago.
A certified check for 2% of the
amount of bonds bid for, U .'-re-'
quired.
1
*
..
Under the
tire
terest, but no award will be made
on arly bid of less than
par and ac¬
Ida Grove, Iowa
—
The $12,000 street
-Bond Sale
improvement bonds offered on
Sept. 26 were purchased by the
Arthur Trust & Savings Bank, of
Arthur,
as
Oct.
from
Is, at a price of 100.125.
1, 1947. Interest M-N.
1, as follows: $3,000
Nov.
on
1949 to 1952
inclusive., / The
subject to the ap¬
proving
opinion
of
Bannister,
Carpenter
&
Aiders',
of
Des
bonds were sold
Moines.
on
Oct.
1
from
1956
to
1960; and $6,000 as 2^s, ma¬ $500,000 public road, bridge and
ferry bonds, taking $60,000 as
turing $3,000 on Oct. 1 in 1961
1, ■ 1947. Interest J-D. Denomina¬
l%s,
maturing
$30,000
on
and 1962.
'
tion $1,000. Due on Dec. 1, from
July 1, in 1950 and 1951; and : *'f
1950 to 1967 inel. Callable on any
Interest payable A-O/Tn addi¬
>•
; $440,000
as iy4s, maturing on
interest payment date on or after tion to the above
coupons, the en-,
July 1, $50,000 in 1952; $30,Dec. 1, 1952. These are the bonds tire issue will bear interest at
/vv 000 from 1953 to 1956; $50,000authorized at the election held on 1%% /from the date of said bonds
!
in 1957 and 1958; $30,000 in
Sept. 16. The approving opinion to Oct. 1* 1948,
yy
1959; $45,000 in 1960 and 1961,
of B." A. Campbell, of New Or¬
and $50,000 in 1962; all incl.
leans, wiR be furnished. A certi¬
MAINE
85,000 school repair, improve-.
fied check for 2% of the principal
Easton School District, Me.
/
ment and equipment bonds,
amount of the bonds, payable to
Bond Sale—An issue of $110,taking $15,000 as iy2s, matur¬
the City; is required,
000 2y2% construction bonds was
ing on July 1, $5,000 in 1949
Jedfersoti Parish Water Works
purchased
recently
by
F.
W.
l,
to 1951; and $70,000 iy4s, maHome & Co., of Concord, at a
District No. 3 (P. O.
turing on July 1, $5,000 from
price of 100.337, a basis of 2.462%.
Marrero), La. ■
v'>^/; 1952 to 1955; $10,000 in 1956;
Bond Offering Details—In con¬ Dated June 1, 1947. Due $5,000 on
$5,000 in 1957 to 1961, and
nection with the offering of $112,- June 1, from 1948 to 1969 incl.
; $15,000 in. 1962.
000 not to exceed 4% interest pub- Legality
approved
by
Verrill,
lie improvement bonds, notice of Dana, Walker, Philbrick & WhiteWashington Suburban Sanitary
which appeared in the Sept. 29 house, of Portland.
District, Md.
!
issue—v. 166, p. 13,000—we learn
Bond Offering—Dwight B. Gait,
yy.yy%
Southport, Me.
that the bonds mature on Oct. 1,
Bond Sale—An issue of $18,000 Chairman, will receive sealed bids
as
follows: $4,000 from 1948 to
2% water refunding bonds was until 3 p.m. (EST) on Oct. 14, at
1950; $5,000 from 1951 to 1957,
the
office
of
the
Washington 'V-'-Vr,, '
sold to the Canal National
Bank,
$6,000 from 1958 to 196?, and $7,- of
Surburban Sanitary Commission,
Portland, at par. Dated May 1,
000 from 1963 to 1967, all inclu-i
4017 Hamilton Street, Hyattsville,
1947.
Denomination $1,000.
Due
sive.
If split interest rates are
$2,000 from May 1, 1948 to 1956, Md., for the purchase of $3,000,000
bidded,
average
interest
rate
not to exceed 4% water main and
inclusive.
Legality approved by
must be shown.
.|f
Verrill, Dana, Walker, Philbrick & sewer construction bonds. Daited
Oct. 1, 1947. Due $75,000 on Oct. 1,
V
Louisiana (State of)
■ Whitehouse, of Portland.
from 1948 to 1987, incl. The bonds
Bond Offering—L. B. Baynard,
will be awarded at the highest
Secretary, Board Of Liquidation of
MARYLAND
revenue
anyone
cases
.
•
Bond Sale—An issue of
water
works
$12,000
re venue/bonds
of¬
Sept. 23, was purchased
by the White-Phillips Co., of Dav¬
on
enport,
as
l%s, at
par.
Mason City, Iowa
Bond Sale Details—In
tion with
the
sale
of
connec¬
the $37,700
bonds to
we now
learn that the bonds
ture
May 1,
in
on
1948
and
ma¬
follows: $4,000
$4,500 in 1950;
as
1949;
$4,000 in 1951 and 1952; $4,500 in
1953; $4,000 in 1954; $4,500, in
1955, and $4,200 in 1956. Interest
M-N...
.
..»
••
-
-
.
Montezuma, Iowa /'■' ///'.V
Sale—An issue of $15,000
memorial building and equipment
bonds
purchased recently by
Becker & Cownie, of Des
Moines,
as iy2s.
was
Oxford
Junction
Independent
v:
/ V;
School District, Iowa
Bonds Not Voted—At an elec¬
tion held on Sept. 26 an issue *of
is
cease
on
desired.
these
\
Greely County (P. O. Tribune),
:
In¬
bonds
1.
not
KANSAS
S
'
,7
...
Kan.
'
Bonds Voted—An issue of
000
at
hospital bonds
an
election held
was
on
-
/■',
$120,-
authorized
Sept. 15.
:l§
>
-V•
.
-
the State Debt,
will receive sealed
on Nov. 1, for
purchase of $10,000,000 not to
exceed 5% interest institutional
improvement, series C, coupon or
registered bonds. Dated Nov. 1,
1947. Interest M-N. Denom. $1,000.
Due on Nov. 1, as follows: $274,000
in 1952, $282,000 in 1953, $291,000
in 1954, $299,000 in 1955, $309,000
in 1956, $318,000 in 1957, $328,000
in 1958, $338,000 in 1959, $347,000
in 1960, $358,000 in 1961, $369,000
in 1962, $379,000 in 1963, $391,000
in 1964, $402,000 in 1965, $415,000
in 1966, $428,000 in 1967, $440,000
in 1968, $453,000 in 1969, $467,000
in 1970, $481,000 in 1971, $496,000
in 1972, $510,000 in 1973, $526,000
in
1974, $541,000 in 1975, and
$558,000 in 1976.
Rate of interest
to be in multiples of 1/10 or y4 of
bids until
Bond
where
other than the
owner
'
3
;•
ment and transfer in
.
*
Maquoketa, Iowa
was
will
parish is the Louisiana equivalent
-
specify the rate of in¬
authorized by the voters.
after Nov.
by voters' approval tion with the sale of the $85,000
of a new charter joining the gov¬ bonds to a
syndicate headed by
ernments of city and parish.
A the Equitable Securities Corp., at
of
school / equipment
2,000,000
effected
was
land,: County Treasurer, will re¬
ceive sealed and open bids until
1 p.m. on Oct. 14, for the purchase
of $100,000 county public hospital
bonds.
Dated Sept. 1, 1947/; Due
on Nov. 1, as follows:
$5,000 from
1948 to 1965, inclusive, and $10,000
in 1966.
All bonds maturing on or
after Nov. 1, 1952, being optional
for redemption prior to maturity
on Sept. 1, 1952, or on
any inter¬
est paying date thereafter.
Bid¬
$7,500 construction bonds
terest
connec¬
/Bond Offering—Charles Oleve^
Coupon bonds registered as to
principal should be accompanied
by proper instruments of assign¬
registered
/ 1
...
Bank & Trust Co., of
Louis, Paine, Webber, Jack¬
son & Curtis, W. E. Hutton &
Coi,
Lee Higginson Corp., Braun, Bosworth
&
Co., Inc., Reynolds &
Co., W. H. Morton & Co., Laur¬
ence M. Marks & Co., all of New
York, Commerce Union Bank, of
Nashville, Bramhall, Barbour &
Co.,
of New York,
Mackubin,
Legg & Co.> of Baltimore, F* S.
Smithers & Co., of New York, and
Owen Daly & Co., of Baltimore,
at a price of 100.077, a net in¬
St.
at the fiscal
of the holder. V The bonds will be
IOWA
on
payment to
V.;;''//;''";.:
Commerce
at the State Treasurer's
KENTUCKY
Shaw, McDermott
St Co., of Des
Moines, as 3%s; at
a price of
100.09, reported in our
Sept. 22 issue—v. 166, p.* 1196—
INDIANA
plus
sive.
York, Northern Trust
Co., of Chicago, Glore, Forgan &
Co., of New York, Mercantile-
rate of interest.
Principal and interest payable
office, or
agency of the State
in New York City, at the option
due
Corp., Phelps, Fenn & Co.,
New
.
;
Lebanon, Ind. •
Call—A. E. Lewis,
amount
iy4s„
as
are
same
all of
.
sewer
•
bear the
curities
•
fered
y&ft-yi
No. 74, III.
Bonds Voted
bonds
& Co., Inc.,
Guaranty Trust Co.,
Blyth & Co., Stone & Webster Se¬
but two
rates
may be
named, and it shall not be neces¬
sary that ^11 bonds of the issue
serially from 1948 to 1957 inclu¬
Town.
any
;
The
considered
..
thereafter.
Thomson
Topeka, jointly,
be
interest
■'
Dated
Denomination
$1,000.
Bonds maturing in 1971, will be
callable on Oct. 1,, 1954, and bonds
ipaturing in 1968 to 1970, will be
callable on Oct. 1, 1958, all at par
7
of
100.852.
at
ap¬
different
,
Due
1947..
payable
office?
$375,- issue will
-
•
1,
on
1%. No bid for less than the entire
of
•
in 1971. Interest A-Q. Dated Oct.
or
both
serially
The
issue
51
awarded to the bidder offering to
(P. O. Glasgow),1 purchase the same at the lowest
interest cost to the State, and the
;
Kentucky
?'r
.Ames, Iowa
7-7//'J/J 1 Bond Offering — Sealed bids successful bidder will be deter¬
Bond Sale — The $59,500 2 and;
will be received by the County1 mined by. computing the amount
of interest to be paid at the rate
21/4% municipal and school gen-,
Clerk, until 9 a.m. on Oct. 7 for!
eral obligation bonds. offered on,
or rates bid
by the bidder to the
the purchase of $325,000 building'
Sept. 1—v, 166, p. 898—were pur¬
revenue bonds. Legality approved! respective dates of maturity ' of
chased by the Northern Trust Co.,
the bonds, and
deducting from the
by Skaggs, Hays & Fahey, of
of Chicago, at a price of 105.47*
total amount of interest to he
Louisville..
paid terest cost of
1.532133%.
The
; V'/
'/'!1 the
premium, if any, bid. No bid bonds were awarded as follows:
Bald win I nde pendent Sch. Dist.i:
of less than the par value of i:he
LOUISIANA P -.
7",
Iowa i-iv/'", -vv vy?
$6,000,000 sixth airport bonds, as
'V'v ;
1
,v-. |
bonds and accrued interest to date
Bonds Not Voted —An issue of
;>/ iy2s. Interest M-N, Due ser¬
yy-y,:»;>-p Baton Rouge, La*'v '•/;).v'
of delivery of and
payment for
ially from 1953 to 1967, in$6,500 construction bonds was hot ? ; City and Connty Merged —By
the bonds will be
accepted.
clusive. /• '•
authorized at the election held on merging its city and county gov¬
The opinion of
Wood, King &
5,000,000 seventh sewer bonds, as
Sept. ■ 24.,
ernments, * Baton Rouge recently
l%s. Due serially from 1953
became one of the few U. S. local¬ Dawson, of New York City, will
•>;.:.
Vi/f DoW8, : Iowa, %
be furnished the purchaser with¬
to 1977, inclusive.
' / /
ities with
a
genuinely unified
:: Bonds Voted — At an election
out cost.
The bonds will be de¬
3,000,000 fifth school bonds, as
local v administration the Interna¬
held oh Sept. 17
the following
livered in New Orleans.
A-certi¬
iy4s. Interest F-A. Due ser¬
tional City Managers' Association
water bonds were voted? $15,000
fied check for 2% of the
par value
ially from 1956 to 1959, inclurevenue, and $7,000 general obli¬
of
the
bonds, payable to / the
;
sive.
I
y/■
Other localities are preparing
gation bonds. V >
•„.
■■2,500,000 stadium bonds, as l^s.
similar
action
but
the
Baton Board, is required.
,,
;
,
Interest M-N.
Due serially
Greene XJoutdty^(PftO'JsJefferson),
Rouge city-county merger is the ■, :'yY':^yyy;y'::: Rayne, La.
from 1953 to 1972, inclusive.
■yy^y y ■■■
Iowa
Bond Sale Details—In
only one recently completed. It
2.711
$175,000 as
2%s,;maturing $25,000 on Oct. 1
from 1954 to. 1960, and $475,000
as 2%s, maturing $30,000 on Oct.
1 from 1961 to 1970, and $175,000
.
Due
incl.
of the
:
follows:
as
1967
Sale—An
(1399)
*
of
cost
divided
net in-;
a
F-A.
to
the expense
T
.Illinois
■
1948
proving opinion of Ross, McCord,
Ice & Miller; of Indianapolis, will
be furnished to the purchaser at
.
.
(P.O. Calumet City),
\
Interest
CHRONICLE
department and general
improvement
bonds
was
pur¬
chased on Sept. 30 by
Beecroft,
Cole & Co., and Seltsam &
Co.,
Sept. 22 — v. 166, p. 1196
purchased by the State
Bank of Syracuse. Dated Aug. 1,
from
FINANCIAL
fire
000
on
Cook
,
offered
bonds
revenue
&
Lawrence, Kan.
Bond
—were
terest J-D.
County* Township High '
School. District No. 215
.
Ind.
$30,000 water
Sale—The
works
COMMERCIAL
the
11
a.m.
Annapolis, Md.
$230,000 water
improvement bonds offered on
Sept. 22 — v. 166, p. 1198—were
purchased by the Northern Trust
Co., of Chicago, as 1.30s, at 100./
Bond Sale—The
049, a net interest
1.295%. The bonds
cost
are
of about
dated Oct.
price of not less than par and ac¬
interest, offered for ;the
crued
lowest rate bid upon in a
of l/10th
or
y8th of
bid may name more
of interest.
multiple
1%, and,no: ■ft
than one rate
Principal and interest
(A-O)
payable
at
the Prince
George's
Bank
&
Trust
Co.,
Hyattsville, or at the Equitable
Trust Co., of Baltimore, or at the
Chemical Bank & Trust Co., New
1, 1947. Interest A-O. Due seri¬
ally from 1948 to 1961, inclusive.
The
second highest bidder was
York City. The bonds will be de¬
Blair & Co., Inc., for $230,000 as
livered
at
place of purchaser's
1.30s, at 100.035, a net interest
choice about Nov. 5, 1947. The ap¬
cost of about 1.296%.
.
.
Baltimore, Md.
Bond
Sale—The
$21,200,000
bonds offered on Sept. 29—v. 166,
p. 1300— were purchased by a
syndicate composed of the Bank¬
ers Trust Co., First National Bank,
National City Bank, J. P. Morgan
proving
opinion
of
Mitchell
&
Pershing, of New York City, will
be
furnished
certified
the
check
amount of bonds bid
to the
A
purchasers.
for
1%
of
the
for, payable
Commission, is required.
yy
m&y*.
>
52
(1400)
'HE
'
MASSACHUSETTS
ing
Maiden, Mass.
Bond Ottering-—Sealed bids will
be
received until
12
(EST),
noon
COMMERCIAL
Blyth & Co., Inc., HarRipley & Co., Inc., Smith,
& Co., A. C. Allyn and
Company,
Incorporated,
Estawere:
riman
Barney
brook
&
Co., Lee Higginson Cor¬
on Oct.
7, by J. Howard Hughes,
poration, Paine, Webber, Jackson
City Treasurer, for the purchase
& Curtis, Stone & Webster Se¬
of the following coupon bonds ag¬
curities
Corporation,
Stranahan,
gregating $150,000:
Harris & Company, Incorporated,
$20,000 New Dartmouth Street
B. J. Van Ingen & Co. Inc., East¬
Taking for Laying Out High¬
man, Dillon & Co., Stifel, Nichoway, 1947 bonds.
Due $4,000
laus & Co., Inc., White, Weld &
on Oct. 1, in 1948 to 1952, incl.
Co., Blair & Co., Inc., Equitable
130,000 New Dartmouth Street
Securities
Corporation,
Field,
Public
Parking , Place, 1947
Richards V&
Co., Hornblower &
bonds. Due $13,000 on Oct. 1,
Weeks, Phelps, Fenn & Co., E. H.
in 1948 to 1957, inclusive.
Rollins
&
Sons
Incorporated,
Denomination $1,000. Dated Oct.
Braun, Bosworth & Co. Incor¬
1, 1947,
Principal and interest
porated, C. F. Childs and Com¬
(A-O). payable at the National pany, Coffin &
Burr, Incorporated,
Shawhiut Bank of Boston. Bidder
First
of
Michigan
Corporation,
is to name the rate of interest in
Graham, Parsons & Co., Harris,
multiples of V4 of 1%; no bid to Hall &
Company, Incorporated,
be, for less than par and accrued
Ketcham
&
Nongard,
Lyons &
interest, bids to be for all or none.
Shafto, Ine.j McDonald & Com¬
-The approving opinion of Storey..
pany, E. M. Newtoh & Company;1
Torhdike, Palmer & Dodge, of
Also John'Nuveen & Co., R. W.
Boston, will be furnished without
Pressprich
&
Co., Schoellkopf,
charge to the purchaser. No tele¬ Hutton &
Pomeroy, Inc., Whiting,
phone bids will be received.
Weeks & Stubbs, F. Brittain Ken¬
nedy & Co., Townsend, Dabney
Middlesex County (P. O.
and Tyson, Alex. Brown & Sons,
East Cambridge), Mass.
Note Sale —The $350,000 tem¬ Chace, Whiteside, Warren & Sears,
porary loan notes offered on Sept. Incorporated, Darby & Co., R. L.
29 —v. 166, p. 1300 —were pur¬ Day & Co., Mackey, Dunn & Co.,
'
.
Holland
FINANCIAL
&
7RONICLE
Township School District
(P. O. Holland),
Mich.
„
(P.O. Virginia Park,
No. 1 Holland),
No. 2
R.
Mich.
nance
'
Port
bonds
of
offered
Harris
on
$664,000 sewer
Sept. 8—v.
by
166,
the
Savings Bank of
100.27, a
1.39%,
divided as follows: $129,000 as Is,
maturing $24,000 in 1949; $25,000
from 1950 to 1952 and $30,000 in
at
price
a
cost
interest
of
of
015.
issue
of
$27,000,000
1,
an
27/s%
bridge
(Boston-Chelsea Bridge),
a price of 99
y2", to yield
2.90% to maturity. Dated Sept.. 1,
&
&
Corbett, Inc., McDougal
Condon, Inc., Donald MacKin¬
& Co., Inc., Miller, Kenower
Company, Mullaney, Ross &
revenue
&
was
1947.
Due
March
1,
1980.
interest.
(M-N)
payable at the First National Bank
on
Principal: and
of
Boston, or at the Bankers Trust
Co.,
New
York': City. C Coupon
bonds, fully registerable. Denom¬
ination $1,000. The
callable,
whole
John
Small
&
Co., Thomas &
Company,., Chas.,;E. Weigold &
Co., Incorporated, and R, D. White
& Co.
30 days' notice, in
any
date not earlier
V';■*;!MICHIGAN
.
.
than March 1, 1948, or in part
by
lot on any interest
payment date;
I
.
Bond
not earlier than March
tion
the
special
1, 1951, at
principal amount thereof and
426
Dearborn, Mich,
Sale
\
.
Details—In
connec¬
with the sale of the $450,000
assessment
and
Districts
Nos.
368
bonds", purchased by
ing premiums: 5% if called >on or the First of Michigan Corp., of
Detroit, and Braun, Bosworth &
before March 4, <; 1949,' 4% there-:
after if called pn or before'March
Co., Inc., at a net interest cost of
1, 1950, 3% thereafter if called on 1.14a%, for $165,000 as Is, and
$285,000 as l%s, as reported in
©r
before March
1, 1956, 21/2%'
accrued
interest plus the
thereafter if called
March
called
1,
1961,
on
2%
follow¬
before
or
thereafter
if
before March 1, ,1966,
1 Vz % thereafter if called on or be¬
on
or
fore March 1,
1971, 1% thereafter
if called on or before March
1,
1976
and
without
premium
if
..
called
thereafter.
The bonds are to be issued un¬
der and secured by a Trust
Agree¬
ment between the
Mystic River
Bridge
Authority
National
Bank
and
The
First
of
Boston,
as
Trustee. In the opinion of Bond
Counsel, the bonds and the in¬
terest
thereon
ligations
valid
ob¬
the
Mystic
River
payable
of
the
solely
bridge.
Authority will
use
money
from the
The
be
Authority
Bridge
of
will
revenues
raised from the sale of its revenue
bonds to construct a toll
bridge
©ver
Mystic River from the
Charlestown district of Boston to
to
replace
the
present
drawbridge. The Authority is
an
instrumentality of the Common*
wealth
of
Massachusetts
exclusively
with
build
maintain
and
vested
authority
the
to
new
bridge and to regulate and collect
tolls. The Authority estimates the
annual
166,
the
p.
805. We
bonds
mium
of
:
were
now
sold
learn that
for
a
Lincoln
Park, Mich.
an
elec¬
tion
held recently,
an
issue of
$750,000 not to exceed 3V2% in¬
terest coupon bonds approved
by
the voters.
'■ \
/.' <;■"r
>' ■■_ ;
.
Fremont School District, Mich.
Bonds Approved—An issue of
$15,000
athletic
field
bonds
was
City,
Rogers
Bond
tion
Sale
Mich.
Details—In
^
connec¬
with the sale of the
$600,000
syndi¬
cate headed by the First of Michi¬
gan Corp., of Detroit, at a net in¬
terest cost of 2.208%, for $225,000
as" 2s,
and $375,'000 as 2%s,: re¬
ported in—v. 166, p. 900—we now
sewage
disposal bonds to
the
bonds
were
a
sold
Co.,
at
McDonald-Moore
and
Co., jointly.
a
part
gross
of
revenue
on
and
after
March
1951,
at prices ranging from
until
March
1,
March 1, 1976.
,
•
Associated
named
inclusive.
The
a
-
Interest payable
highest bidder
l3As, at
Summit
Township,
School
District
No.
Harrington
1 (P. O.
until
istered
10
lf%.
as
(CST)
a.m.
on
Bonds may be reg¬
to principal and inter¬
will be required
Purchasers
est.
to pay accrued
interest to date of
delivery and $2 per bonds for ex¬
penses. The approving opinion of
King & Dawson, of New
City, will be furnished. Pay¬
of principal and interest ir
provided for by a tax levy on real
and personal property.
No bids
for less than par. A certified check
for 2% of the principal amount
payable to Gladys E. Miller, City
Treasurer, is required.:
.wv
Wood,
of Estimate and Taxation will
ceive
sealed
from
•
.
bids
until
11
was
$15,000
y
voted,
Ypsilanti Township (P. O. } R. F. D.
Ypsilanti), Mich.
Bond
Offering — Lillian M.
Sheppard,
Township
Clerk,
will
1948 to
on
Bond
Nov.
1957, inclusive.
est.
as
the
1949
Bonds may be reg
to principal and inter¬
sold at
Due
on
Sept. 1,
1951
to
as
1955;
$150,000 school prior to Sept. 1, 1953, $22.50 on
Sept. 30 were each bond called for1 redemption
purchased by the First of Michi¬ thereafter but on or prior to Sept.
gan Corp., of Detroit, at a price of 1, 1955, $20 on each bond called
for redemption thereafter but on
100.031, a net interest cost .of
or prior to Sept. 1, 1958, $17.50[ on
1.606%, as follows: for $100,000 as each bond called for redemption
l.%s, maturing $25,000 on March thereafter but on or prior to
'
^
with
firms in the
-
the
above
public
Oner-'
able
at
Betroit.
thereafter but on- or
prior tp Sept.. f, 1967, $10. op each;
ibond called for redemption there-,
The secpnd highest bid¬
after but on or,,prior to Sept. 1,;
H; V. Sattley &
Co.v for,
the
pay¬
demption
Detroit Trust Co., of
bond for
was
•$150,000
is/4S,
at
a
price of 100.35.
bonds
were
MONTANA
■'Fergus County Sch. Dist. No.
(P. O. Lewistown), Mont.'
Bond
Election—At
be held
to
election
an
issue of<
construction
$100,000
be
an
Oct. 21
on
resubmitted
These
are
at
bonds
the
to
the bonds that
the
1
>
will?
voters./
not
were
election
held
on*
May 31.:-
Mont.
Election—At
Bond
-
■
Great Falls,
"V';•
election to be held
the
^
general
Nov. 4, the
on
voters will be called upon to pass
on the issuance of $1,300,000 sanitary and storm sewer
approval
system revenue bonds.
'£
Douglas- County,
No.
29
(P. O. Omaha), Neb.
Bonds
held
000
on
Voted
bonds
building
was
Sept. 23
The City Clerk
—
election held on
an
issue of $350,000 rec¬
an
reation center bonds
City, will be furnished.
/
certified check for 2% of princi¬
pal amount, payable to Gladys E„
Miller,
City
Treasurer, is
re¬
quired,
author¬
Fremont, Neb.
states that at
York
was
voted.
Junction, Neb,
t
/ Bonds Not .Voted — At an elec¬
tion held on Sept. 23 the voters
refused
authorize
to
an
of
issue
$41,000 water system bonds.
tion with the sale of the $185,000
sealed bids until 8 p.m. on Oct. 7,
construction bonds
for the
purchase of $13,000 water
improvement* No. 8, certifi¬
E
i
000
furnished.
A certified
$500 is required.
;
check for
166, p. 1301
bonds
'
A
"'
<
tion
with the
Details—In
sale
of the
'•
.
,
.
NEVADA
/'nvy-.r/v
Vegas, Nev,
Offering
City
of
,
Las
—
Clerk,
^
s
Heleh.jScott -
wjir^epe^
$73,000
station
bonds.
C)ph.
Dated Oct.
1,
1, as follows;
$11,000 in 1948 and $6,000 from
1949 to
1967, inclusive;, optiopajL
for I redemption five years from
1947.
connec¬
refunding .bonds to the -First Na¬
tional 1
pried
interest, c^sf
net
$li2^00t) p6r •
Greenwood, Miss.
Sale
-
2.06%.
V
Bond
lice
Bond
a
tp^t!i;h^
sealed bids until 3:30 p.npun
29 for the purchase of
MISSISSIPPI
,
we learn
sold at a
—!-■
were
100.162,
about
Reed,
V :
the;itV>bert
$30,000 as lV2s; $42,000 as, l3/4s;;
$47,000 as 2s; and $66,000 as 2yis,
reported in our Sept. 29 'i^siib—vi
Due $1,-
on June 1, from 1950 to 1962,
inclusive, optional after June 1,
1956.
Principal and interest pay¬
able at any suitable bank or trust
company designated by the pur¬
chaser.
The approving opinion of
Dorsey, Colman, Barker, Scott &
Barber, of Minneapolis,, will be
to
Schweser Co., of Omaha; divid¬
ed
cates of indebtedness. Dated June
Denom. $1,000.
'
Oakland School District, Neb.
Bond Sale Details — In connec¬
-
1, 1947.
;
McCool
Mound, Minn. '
Certificate Offering—Le Roy V
Alvin, Village Clerk, will receive
main
*
/
•
election
voters^/y/f^rf^:'//-':}:'
Bonds Voted
penses.
The approving opinior
of Wood, King & Dawson, of New
an
Sept. 18 an issue of $32,-J
ized by the
ex¬
At
—
t
Springdale
District
Due
on
Oct.
Bank,
of
Memphis,
at
Reno, Nevi'r ' ■>}'u '/. ■
100.15, reported in our Sept. \\
Bond
Offering—T.; L. Taylor,"
1970, " $7.50 on j each; bond . called; issue—v. y l 66; p.; 90(L—we nowfor redemption- thereafter but jon learn that the t>onds /wete sold at City ...Clerk, will receive
sealed
,
der
that the
price of 100.027, a net in¬
terest cost of about 1.055%, as fol¬
lows: $10,000 as Is, maturing Feb.
1, 1948; $45,000 as l%s, maturingon Feb. 1, $20,000 in 1949 and
$25,-»!
000 in 1950; and $170,000 as Is, ma->
turing on Feb. 1, $25,000 in 1951;?
$30,000 in 1952; $35,000 in 1953,
and $40,000 in 1954. Interest F-A.?
a
Purchasers will be required
delivery and $2
on
1,! Principal and interest, (M-S)
105
to par after,
learn
—we
1, 1947. Denomina¬
per
$225,000
bonds to
City National Bank & Trust
Co., of Kansas City, reported in
Sept. 29 issue—v. 166, p. 1301
School
1/10 of 1%.
istered
In connect
—
our
Nov. 1, from 1948 to
tion $1,000.
Bidders to name th'
rate of interest in multiples of y^
or
"j;
;;
'
:
center-building
voted
(EST) on Oct. 16 for the purchase
of $635,000 not to exceed 4% in¬
terest water supply and sewerage
Bond Sale—The
offered'
Sale Details
.
from
>
.
the
to pay accrued interest to date o
system revenue coupon
bonds. Dated Sept. 15, 1947. In¬
terest M-S. Denomination $1,000.
r
tion with the sale of the
health
re¬
receive sealed bids until 8:30 p.m.
disposal
;
'
Clayton), Mo.
,
1957, inclusive,
Dated
!
a.m.
500,000 public relief bonds. Due
"$50,000 on Nov: 1, from 1941
to 1957, inclusive.
VV.y:'
150,000 auditorium bonds. ' > Dur
issue of $26,500 con¬
struction bonds
election
an
>
St. Louis County (P. O.
;
Additional Offering—The Board
■
an
9
bonds,
nue
Minneapolis, Minn.
Offering—The City Coun¬
1/10 of
or
Jackson), Mich.
an election held
At
—
Sept.
.
second
Oct
14, for the purchase of $2,000,000
refunding coupon bonds. Dated
Nov. 1, 1947.
Denom. $1,000. Due
$200,000 on Nov. 1, from 1948 to
1957, inclusive.
Bidders to name
rate of interest in multiples of y
Bonds Voted—At
recently
Voted
ort
price of 100.334.
bids
•
following
the ' following
bonds were voted: $300,000 gen^ 4
eral obligation, and $650,000 reve< !
cil will receive sealed and auction
>
the
authorized
$70,000
Bonds
held
J. M. Dain & Co. for
Bond
&
bridge at $1,982,000 in 1950, rang¬
1, from 1948 to 1951; and $50,000 Sept. 1, 1961, $15 on each bond
ing to $2,669,000 in 1978. The
called for redemption thereafter
lV2s, maturing on March 1, 1952.
bonds are subject to redemption
but on or prior to Sept. 1, 1964,
in whole after March 1,
The bonds are dated Sept. 1, 1947j
1948, and;
$12.50 on each bonds, called for re¬
in
1958,
J-J.
23
'
election
-an
:
dated Oct.
.
bonds
*
by the
municipal light!
plant bonds; $8,000 memorial air«J'
port bonds.
<
ft
Higginsville, Mo.
1, 1947. Due serially from 1949 to
was
Sept.
were
voters:
& Co., of St. Paul, as 1.70s, at
price of 100.187, a basis of about
are
Voted—At
on
bonds
1196—were purchased by Kal-
p.
"V-
11
_,
held
man
price of 100.01. Interest M-S. The (CST) on Oct. 14, for the purchase
second high bid for $600,000 214 s, of ' $2,650,000
c o u p o n
bonds,
at 100.18, was that of Paine, Web¬ divided as follows: ;;
ber,
Jackson. &
Curtis, Miller, $2,000,000 emergency h o u sin?
Kenower & Co., Watling, Lerchen
bonds. Due $200,000 on Nov. 1,
&
Bonds
.
ment
follows: $14,000
$18,000 from
1956 to I960; $22,000 from 1961 to
Gaines and Argentina
Townships, 1965; $26,000 from 1966 to 1970;
Consolidated School District
$32,000 from 1971 to 1975; $36,000
(P. O. Gaines), Mich.
in
1976,
and $39,000
in * 1977.
Bonds Not Voted—At an elec¬ Bonds are subject to redemption
tion held on Sept. 20 an issue of on any interest payment date on
$75,000 construction bonds was or after Sept.: 1; 1951, in inverse
order or maturity at par value
not voted.
thereof and accrued interest plus
Gratiot Township School District
premiums as follows: $25 on each
No. 2 (P. O. Detroit), Mich.
bond called for redemption on or
approved by the State Municipal
Finance Commission. "
i
York
pre¬
$769.40, equal to 100.14.
Bonds Authorized—At
bidder
t1
'
„
the
Chelsea
y.
highest
Braun, Bosworth & Co., Inc.,
Miller,
Kenower
&
Co.,
learn
bonds will be
upon
on
Company, F. L. Putnam &: Co.,
Inc., Reynolds & Co., Roosevelt &
Cross, Inc., Schmidt, Poole & Co.,
second
jointly, for $205,000 as 1V4S, and
$459,000 as l%s, at a price of 100.-
non
bonds at
interest
Gallatin, Mo.
V-
—
about
1953; $190,000 as 1V4S, maturing
$30,000 from 1954 to 1957; $35,000
in 1958 and 1959, and $345,000 as
The
'
1.665%. The bonds
purchased
&
Trust
Chicago,
net
Burns
Oct.
on
net
MINNESOTA
Collegeville, Minn.
Sale
The $23,000 road
bonds offered on Sept. 22—v. 166,
a
Huron, Mich.
Sale—The
998—were
p.
public subscription
syndicate headed by The First
a
follows:
Bond
issue
Approved—An
Commission.
Bond
and
Bonds Offered for Investment—
A
Sept.
,
$41,000
school bonds was ap¬
proved by the State Municipal Fi¬
Brothers,
Campbell,
Phelps) &
Co., Incorporated, Dolphin & Co.,
Kean,
Taylor
&
Co.,
Martin,
Mass.
'■
,
1973 and $5
for redemp¬
'
R.
Bonds
incl.
■
1,
each bond called
Township School District
Park
corporated,
Barcus, Kindred &
Co.) Bartow Leeds Co., Buckley
■" v
prior to
tion thereafter but
-
Boston Corp., F. S. Mosely & Co.,
and Tripp & Co., Inc., offered for
■
or
on
cost of 1.932%, as
$30,000 maturing Oct. 1,
prior to Sept. 1/ as follows: $2,000 from 1948 to
Bonds Approved — An issue of 1977. Rate of interest to be in a
1952, incl.; $4,000 from 1953 to
$5,000 school bonds was approved multiple of y4 of 1%. Principal 1957, as 13/4S, and $43,000 maturing
by the State Municipal Finance and interest payable at the Detroit Oct. 1, $4,000 from 1958 to 1966,
Commission on Sept. 23.
Trust Co., of Detroit. The bonds
incl., and $7,000 in 1967 as 2s.
will be proved as to legality by
The bonds are dated Oct.
1, 1947.:
Paris Township School District
Miller,
Canfield,
Paddock
& Interest A-O. The city will fur¬
No. S (P. O. R. R. No. 6
Stone, of Detroit, and will be fur¬ nish the legal opinion of Charles
Grand Rapids), Mich.
nished
the
purchaser
by
the & Trauernicht, of St. Louis, and
♦
Bonds Approved — An issue of
Township. A certified check for will pay for the printing of the
$12,000
school
bonds
was
ap¬
2% of the total par value of the bonds.
\
proved on Sept. 23 by the State
bonds, payable to the Township
Municipal Finance Commission.
MISSOURI
Treasurer, is required.
No. 6
Inc., Stroud & Company, Incor¬
porated, J. M. Dain & Company,
plus a premium of $1.00. The notes Eldredge & Co., Inc., Kenneth B. l%s, maturing on Sept. 1, $35,000
Hill. & Co., The Milwaukee Com¬ from 1960 to 1962, and $40,000
are
dated Oct. 3,
1947. Due on
from 1963 to 1968, incl., as iy2s.
April 14, 1948.
7;///
.V? pany, Perrin,-West & Winslow,
Inc., F. J. Wright-& Company, Dated Sept, 1, 1947. Interest M-S.
Mystic River Bridge Authority,
Ballou, Adams & Company, In¬ Due serially from 1949 to ,1968,
chased by the Merchants National
Bank of Boston, at 0.51% discount,
Monday, October 6, 1947
.';
n
Volume 166
bids until 11
Number 4635
a.m.
on
Oct.
22
THE
for
COMMERCIAL
the purchase of $81,903.33 not to
Wood, of New York City, that the
bonds are legally: binding obliga
exceed 2%% interest
tions
Southbridge
Estates improvement district
for
bids
Bond
exceed 4% interest coupon or
reg¬
istered bonds. Dated Sept.
1, 1947.
$1,000. Due Sept. 1 as fol¬
$20,000 from 1949 to 1965,
and $10,000 in 1966.
These are the
Denom.
lows:
improvement
bonds.
bonds
Due
held
Aug. 1, as follows: $15,000
I:
from 1948 to 1963, and $14,000
V' in 1963 to 1967, all incl.
350,000 municipal improvement
and equipment bonds.
Due
|.
$35,000 from Aug.; 1, 1948 to
1947.
Principal and; interest
payable at the First Na¬
<F-A)
tional
must
Bank
name
of
Boston.
Bidders
rate of interest in
one
multiple of V\ of 1% for all of
a
the
offered
bonds
for
sale.
at
Feb. 10.
the
election
Rate of interest
multiples of Vs or 1/20 of
1%, and must be the same for all
of the bonds.
Principal and inter¬
est
(M-S)
payable at the First
Bank, of Millburn.
No
National
'YYWy vYY.^:Y:
Denomination $1,000. Dated Aug.
v
authorized
on
to be in
'
1,
William G.
—
Betsch, District Clerk, will receive
sealed bids until 8 p.m. on Oct.
14,
for the purchase of $350,000 not to
'■••••
:
Offering
proposal will be considered which
specifes a rate higher than the
lowest
rate
stated
in
acceptable proposal..
posal must state the
any
legally
Each
pro¬
amount
bid
for the bonds, which shall not be
less than $350,000 nor more than
$351,000.
The
Le¬
furnished
gality of each issue has been ap¬
proved
by
Ropes, -Gray, Best
Coolidge, & Rugg, of Boston, a
copy of whose opinion will be
furnished without charge to the
purchaser will be
Hawkins,
with
the
opinion
of
of
many
a
JERSEY^Y/YI
his
character,
day-in-and-day-
interest
and
Such
is
for
his
gener¬
•
'Fair view,
-
Bond
Offering
N. J.*
'
George Ebel
—
Jr., Borough Clerk, will receive
Sealed bids until 8.30 p.m. on Oct.
14, for the purchase of $87,000 not
to
exceed
and
6%
sewer
street
assessment
registered
Dated OctYl, 1947. Denom.
$1,000..Due on Oct. 1, as follows:
coupon
or
and
counties
had
total
unaware/
Bond
Registrar,
an
the
tax
collections for
sixjmonths of.this
$2,000r-in 1948; $21,000 in 1949;
$20,000 from 1950 to 1952, and $2,-
40.98%
first
same
€00 in 1953 and 1954.
the
Rate of in¬
terest to be in multiples of % or
1/20 of 1%, and must be the same
for all the bonds.
interest
Hudson
Each
(A-O)
Trust
Principal and
payable
Co.,
proposal
at
Union
the
City.
must i state
the
amount bid for the bonds, which
Shall be not less than $87,000 nor
than $88,000.
The successful
bidder will be furnished with the
more
opinion of Hawkins, Delafield &
Wood, of New York City. A cer¬
tified check for $1,740, payable to
the Borough, is required.
;
\
Gloucester
Township Sch. Dist.
(P. O. Blackwood), N. J.
y
Offering — J.
Launton
fJimpkins, District Clerk, will re¬
ceive sealed bids until 8
p.m.
on
Oct. 22 for the purchase of $34,000
pot tp exceed 4% interest school
coupon or
^-S.
registered bonds. Inter¬
Dated Sept. 1, 1947. Due
bn
Sept. 1, as follows: $3,000 from
1&48 to 1953, inclusive, and $4,000
from 1954 to 1957, inclusive. Rate
<pf interest to be in multiples of
% or l/20th of 1%, and must be
the.
same.
for
all
of
the
lections
.....
.....
......
the
..........
disbursement
of
12 millions of dollars in
almost
maturing
City of Buffalo bonds and notes
and paid 97,283 matured
interest
proposal
Each
the
©pinion of Hawkins, Delafield I
levy, as
a year
syndicates
assistant.
Since
.
-
/
^
Y
v~-j.
<
1933
this office has been
under the able supervision of
Mr.
Harry L. Mattimore
compared
who
had
14
of
years
banking and accounting
The col¬ experience
before
becoming
a
ago.
this
of 1.183%:
of
about 1.44%. The bonds are
dated Sept. 15, 1947. Interest M-S.
Due serially from 1948 to
1957,
inclusive.
Y
y-Y;v.':--Yy:'.
/Y:'Y
-
$100,000 emergency housing bonds.
Hastings-on-Hudson, N. Y.
Due
serially from 1948 to
Bond Sale—The $27,000 street
1955, inclusive.
" :
;,V Y
improvement, sewer system and
51,000 general improvement
bonds. Due serially from 1948 equipment bonds offered on Sept.
29
v. 166, p. 1302 — were
pur¬
to 1955.
'
VY.".YYyYK" chased by the County Trust
Co.,
Interest A-O. Principal and in¬
of White Plains, as
1.30s, at 100.terest payable at the
Phillipsburg
001, a basis of about 1.29%. The
National
•
Total
—
York
ture
-
Offering — Harold N.
Rowe, Town Supervisor, will re¬
sealed bids at the
office
—
Bank &
Trust
Co.
The
bonds
opinion of Hawkins, Delafield &
Wood, of New York City, to be
furnished the purchaser.
:
on
.
Y
"
NEW MEXICO
Dona
Ana
County
(P.
are dated Oct.
1, 1947. Due
Oct. 1, in 1948 to 1952. Interest
The approving opinion of
A-O.
Caldwell, Marshall, Trimble &
Mitchell, of New York City, will
:
be furnished the purchaser
.with¬
out charge.
1
\
: YY'Y' •
O.
.
Las
Bond
Cruces), N. Mex.
$475,000 me¬
hospital bonds offered on
Sept. 15
Moreau, Northumberland and
Sale—The
—
v.
166, p. 1101
Wilton, Central High School
District No. 1 (P. O. /
,
—
were
.
as
follows:
-
'
South Glens
Falls),
New York
incl.
for
of
on
Second
1.30s
514 State Street,
Schenectady, until 11 a.m. (EST)
on Oct. 9, for the
purchase of $58,not
to
exceed
5%
high
was
bid
of
100.059
made
Plymouth, N. C.
water im¬
r
Note Sale
An issue of $7,500
registered revenue
notes was purchased by
bonds/ Dated Sept. l/ 1947:
De¬ the Branch
Banking & Trust Co.,
nomination $1,000. Due on Mar.
1, of
Wilson, at 2.97%.
as follows:
Y-'.Y,' ..Vf
$2,000 in 1949 and 1950,.
and $3,000 from 1951 to
1968, in¬
OHIO
,;V
Yy
clusive.
Rate of interest to be in
Ashland, Ohio
multiples of y4 ok 1/10 of ! %* and
Bond Sale—ine $40,000 street
must be the same for; all of> the
bonds/Principal and interest (M- improvement' bonds offered on
S)
payable at the Schenectady SeptJ 22—v.'-166, pY 1198—were
purchased by the First National
Trust Co.,
Schenectady. The bonds
Bank, of Ashland, as lVzs, at a
will be delivered at New
York>
price of 100.59, a basis of about
N. Y., or at. such other place as
1.44%, Interest A-O.
The bonds
may be agreed with the
purchaser, are
due $2,000 serially from Oct.
about Nov. 1, 1947. The
approving
;
opinion of Vandewater, Sykes & 1,1949 to 1968, inclusive.
—
provement
coupon
or
Henrietta and Victor, Central
School District No. 1 (P. O.
Pittsford), N. Y.
Bond
Offering — George A.
Lortscher, District Clerk, will* re¬
ceive
sealed
(EST)
on
of
bids
until
3
p.m.
Oct. 10, for the purchase
$119,000 not to exceed 5% cou¬
pon
.
Cleveland Heights, Ohio
Bond Sale—The $444,600 bonds
or
registered
school
offered
Sept. 15—v. 166, p. 1102
purchased by Braun, Bos¬
Co., Inc., and Ball, Burge
& Kraus, of
Cleveland, jointly, at
a
price of 100.015, a net interest
on
,
Y
were
■
worth &
cost of about
1.305%,
as
$314,000 incinerator, 1st
1947 bonds, as 1V4S.
59,000 municipal garage
age site, 2nd issue
bonds, as 1V2S.
40,000 park, 3rd issue
bonds,
bonds.
as
follows:
issue for
and stor¬
for
1947
for
1947
1V2S.
31,600 Monticello sewer, 4th is~
1,1947. Denom. $1,000.
.•Y*
sue for 1947
Due on Nov. 1 as follows:
bonds, as l^'s.*l'j;
v'
'
$16,000
from 1948 to 1950;
The bonds are dated Oct. lY'YY:
$14,000 in 1951:
$10,000 from 1952 to 1956, and 1947. Interest payable J-D.
Due
$7,000 in 1957, all inclusive. Rate serially from Dec. 1, 1948 to 1957,
Dated Nov.
of interest to be
1/10
same
or
Vi of 1%
in
,
a multiple of
and must be the
for all of the bonds. Princi¬
pal and interest (M-N) payable at
Security Trust Co. of Roches¬
ter, Pittsford. The successful bid¬
the
der
will be furnished with j the
opinion of Reed, Hoyt & Wash¬
burn, of New York City. A certi¬
fied
the
.
.
.
NORTH CAROLINA
check for
$2,380, payable to
District, is required.
' :
inclusive.
'■:
V;/y/Y
Danbury Township School District
'
(P.
•:
■;
••
O.
Marblehead),'
p
i-'-.xOhio
Y
Bond Election —At
an election
to be held in November the vot¬
ers
will consider
the
following:
the issuance
; -
Y
of
/ -;: -
$265,000 construction bonds.
20,000 equipment bonds.
-
f. Y
$274,000 memorial hospital bonds Y Bond
Degraff, Ohio V, -Y ■
Offering—John H. MoyniSaranac Lake, N. Y.
purchased by the State, as 2s.
Bond Election—At the general
han, District Clerk, will receive
Bond Sale—The : $95,000 street
201,000 memorial hospital bonds sealed bids
election to be held on Nov. 4 the
until 2 p.m. (EST) on
improvement bonds offered Oct.
purchased by Sidlo,
Simons, Oct. 8 for the purchase of
voters will consider the authori¬
$15,000 1—v, 166, p. 1198—were awarded
J Roberts & Co., of
Denver, and not to exceed 2^% interest cou- to the Marine Trust.
zation of $25,000 sewer and sewage
Co,, of Buf¬
associates, for $85,000 as iy2s, pon or registered bonds.
plant
construction
Dated falo, as 1,20s, at a price of 100.195, treatment
and $116,000 as l3/4s.
Y
bonds.
Oct. 1, 1947. Interest A-O. De- a basis of about
\ "
""
;;
1.26%. The bonds
..
'
Aug. 15, 1947 and ma¬
Aug. 15 from 1948 to 1957
"by Halsey,
Stuart & Co. Inc., New York.
Roy W. Peters,
000
$10,000,000
dated
are
Bond
ceive
20,000
20,000
20,000
....
—
New
40,000
.......
Company
Niskayuna Water District No. 5,
.
sold
•
13
the
Philadelphia, jointly, as
1.20s, at a price of 100.07, a basis
the lowest rate stated in
any k
amount
ibid foF the bonds which will
be
pot less than $34,000 nor more
than $35,000. The
successful bid¬
der will be:furnished
with
.
of
at
proposal must state the
with
■»
by Stroud & Co., and Hess & Co.,
both
morial
acceptable
Title Guarantee and Trust
—
Damden Trust Co., Camden.
prbposal will be considered
Which specifies a rate
higher than
gaily
Fifth Avenue Bank of New York..
Federation Bank and Trust
Company
Fulton. Trust Company of New York
year totaled $281,- Civil
Service employee
in
the
191,499, as compared with $227, Division of
Accounting.
969,679 a-year ago, but the levy
this year is considerably higher Dewttt,z Dewitt Fire District (P. O. Heckler, of New York City, will
be furnished the
Y Y"
than it was in 1946.
Dewitt), N. Y. )
/ VY'.Y
purchaser with¬
\
Bond Sale
A certified check for
The $15,000 fire out cost.
house bonds offered
Phillipsburg, N. J.
v
$1,160, payable to the Town, is re¬
Sept. 22—v.
Bond Sale—The following bonds 166, p. 1197—were purchased
Y:,V;Y'
by quired.
totaling $151,000 offered, on Sept. Tilney & Co., of New York, as
Pittsford, Perinton, Mendon,
22—v. 166, p. 1196—were purchased IV2S, at a price of
100.282, a basis
the
No
.
The Chase National Bank
of the
....
de¬
had
year
compared
of the
with 46.09%
bonds
principal and interest payable
as
period a year ago. So far
this year the collections have been
,
Bond
est
creased,:
other
........
took many months of
preparation
by the Bond Registrar and '-'his
all the .local governments showed
that
such
Participant
office
operating
representing
131
assets of $373,967,706, with lia¬ banks and security houses. The
bilities of $127,534,483, on June 30. preparation of the legal papers,
Calculated on reports from all but the determination of the form and
content
56 of the State's 563
of
the bonds,
and the
municipali¬
ties^ Director Darby's composite various procedures required for a
report, on the fiscal condition of public sale under the -new Law
bonds.
at
'
Y
Amount
City of New York__
$1,824,000
Kings County Trust
part of the Division of Account¬
Company, Brooklyn^ N. Y._r__^___>
30,000
The National
City Bank of New YorkY—j-Y— Y—Ying., ./Yy-Yy •■•'•'y' /yY'Yy
1,546,000,
Guaranty Trust Company of New York__T--------Yi_:_.
The Bond Registrar has been
1,276,000,
Bankers Trust
Company..____Yy
___Y1684,000
assigned the duty of keeping all
Manufacturers Trust Company...^.
records pertaining to bonds and
650,000
Central Hanoyer Bank and Trust
Co.—
notes issued by the City of Buffalo
620,000
Chemical Bank and Trust Co._
!YY:
490,000
($8,054,200 in the fiscal year just First National
Bank of the City of New York
420,000
ended), the payment of maturing
Irving Trust Company..
YYyY--YY-..YY-Y
bond principal and
420,000
interest, the Bank of the Manhattan
Co.—.........
: 400,00®
compilation of the section of the J. P.
Morgan & Co.,
Incorporated....^..300,000
budget relating to such payments, The New York
Trust Company.._Y.Y....
the registration and transfer of
290,000
Corn Exchange Bank Trust Co.
250,000
ownership of all bonds and notes, Bank of New
York........
the preparation of
140,000
many of the
The Public National Bank and
Trust Co
statistical exhibits in the Annual
140,000
The Marine Midland Trust
Company of New York......
100,000
Report relating to these opera¬ Commercial
National Bank and Trust Co...
Y.
:
90,000
tions, and the approval of all
Brooklyn Trust Company.—
Y 80,000
surety and guarantee bonds given United States
Trust Company of New
York—..—.
60.000
to the City.
During the fiscal year Continental Bank and
Trust Co...^
1946-1947
50,000
this office
accounted Empire Trust
Company.....
40.000
for
of
first public bond sale
($5,240,000)
under the procedure
established
in the new Local
Finance Law.
This sale drew the
greatest num¬
ipalities
or
New York, N: Y.
Note Sale—Lazarus
Joseph, City Comptroller, sold on Sept. 30 a
total of
$10,000,000 tax anticipation notes at 0.75%. The issue is
dated Sept. 30,
1947, and matures on Oct. 20, 1947. The
participants
and their allotments are
as follows:
•
par¬
fiscal
New Jersey (State
purchaser. No bid for less than
of)
and accrued interest to date
Municipal Tax Collections Show
delivery will be considered. Decrease—Walter R. Darby, State
Telephone bids will not be ac¬ Local Government Director,' re¬ ber of bidders far-a new issue of
cepted.
,:Y" Yj." Y
Y: ported at. Trenton as of Septem¬ bonds in the history of the City,
ber 4, that New Jersey's munic¬ bids having been received from
NEW
Y.,
con¬
more,
Delafield & Wood, of
coupons with a value of
New York City.
$1,391,A certified check
509.
■ v Yfor $7,000 payable to the Board of
In May,
1947, the City held its
Education, is required.
par
of
Sept. 29 — v. 166, p. 1302 — were
purchased by Halsey & Stuart &
Co., as iy>s, at 100.457, a basis of
about 1.425%. The bonds are dated.
•
are
function
in
Hyde Park, N. Y.
Bond Sale—The
$118,750 public
improvement bonds offered on
Falls,
place as
Sept. 15, 1947. Interest payable
may be agreed with the purchaser
;M-S. Due serially from Sept. 1,
about Oct. 15, 1947. The
approv¬
1948 to 1962, incl. The
ing opinion of Willard A. White
approving
opinion of Vandewater, Sykes &
of Glens Falls, will be
furnished
Heckler, of New York City, to be
to the purchaser
without cost. A furnished the
purchaser.
<
•
N.
fight,
traffic
district, is required.
New
the Glens Falls National Bank &
Trust Co., Glens Falls."The
bonds
will be delivered at Glens
daily opera¬
and
53
certified check for $300, payable
to the
Principal and interest payable at
v
few—fire
a
cleaning
There
ally
on
1957, incl.
trol.
out
■
Y
\
in
sees
name
which
Bond
public
Comptroller
•
Township School District
protection, of which he is
(P. O. Millburn), N. J.
Bond Offering—Sealed bids will
municipal
of
of
following
made
Streeter:
and which he
ticularly
'
been
Due $3,000 on
to 1952, incl.
Rate of interest to be in
multiples
of y4 or l/10th of
1%, and must
be the same for all of the bonds.
evaluating the various func¬
tions of a city government the
size of Buffalo, the taxpayer
gen¬
erally appreciates those opera¬
tions only which he, in his
daily
life, is brought in contact with,
street
The
Duties
The
(1401)
nomination $1,000.
Oct. 1, from 1948
In
,
Millburn
be received until 11 a.m. on Oct.
8, by James ; P. Bourne, City
Treasurer, for the purchase of the
following coupon bonds totaling
$645,000:
construction
emer¬
tion—to
NEW HAMPSHIRE
and
$40,000
CHRONICLE
Y.
On
—
office
W.
out cost.
Opinion will be furnished to the
purchaser without cost. The city
•
The
—
has
the
approving opinion of
Hawkins, Delafield & Wood, will
be furnished the purchaser with¬
Will also furnish the bonds.
$295,000
bulletin
from
Sale
Issued
Registrar
incl.
pick & Dawson, of Denver, whose
I.
Report
Bond
Co., of New York, as 1.80s, at a
price of 100.132, a basis of 1.763.
Dated Oct. 1, 1947. Interest A-O.
Due serially from 1948 to 1955
Principal and inter¬
est payable at the office of, the
City Treasurer. Legality to be anproved
by Pershing, Bosworth,
;
Buffalo, N
Daniel
housing bonds offered on
Sept. 29—v. 166, p. 1301—were
purchased by Boland, Saffin &
bid, is required.
Manchester, N. H.
of
gency
date of issue.
f
Board
$'680, payaL
Education, is
FINANCIAL
NEW YORK
Education
of
Hawthorne, N. J.
par and accrued interest. A certi¬
fied check for 5% of the amount
|
Board
required.
than
less
the
to
Dated Oct. 1,1947. In¬
Denominaitons $1,000.
$100 and one for $1,003.83. Due on
Oct. 1, as follows:
$4,003.83 in
1948, and $4,100 from 1949 to 1967,
No
the
A certified check for
cou¬
pon bonds.
terest A-O.
inclusive.
of
&
.WrtjWn^fcU-41M ■&«iWtf
3v*fr r^f'ueh
54
Mb
«
i^^h|W«*^i»»»i
(1402)
East
THE
Sch.
Liverpool
East
(P.
Dist.
Liverpool),
The bonds
O.
Ohio
Board of Education states that
an
$1,665,000 construction
site purchase bonds will be
and
the
to
sideration
the
at
for
voters
con¬
November
gen¬
Election
Bond
Ohio
An
—
of
election
held
be
to
Ohio
"!
Enclose
Raymond N.
—
New
$212,000
be
until
noon
Oct. 10, for the pur¬
chase of $112,000 2% building, un¬
limited tax bonds. Dated Sept. 1,
1947.
on
Due
Nov.
on
1
$5,000 from 1948 to 1959, and $4,000 from 1960 to 1972, inclusive.
Bidders may bid for a different
rate of interest in a multiple of
1/4 of 1%.
No bids for less than
and accrued interest.
Princi¬
pal and interest (M-N) payable at
the Old Phoenix National Bank,
par
These
Medina.
the bonds
are
The
1945.
approving opinion
of Squire, Sanders & Dempsey, of
Cleveland, may be obtained at
purchaser's expense. Purchaser to
pay for printing of bonds. A cer¬
tified check for $1,200, payable to
the
Board
of
quired.
Education,
is
re¬
(P. Ol Minster), Ohio
Bond Election—At, an election
r< v
to
held
be
on
Nov.
the
4
voters
will consider the issuance of
construction
000
$10,-
Waterford
to
Election—At
held
be
on
Nov.
held
be
Bond
election
000
$480,-
construction bonds.
$70,000
Jennings
Bond
Township (P. O.
Jennings), Ohio 7'■7 :
to
held
be
will
fire
Election
on
consider
house
At
—
Nov.
election
an
4
the
voters
of
$4,500
issue
an
construction
bonds.
issue
At
election
an
the voters
storm
the
4
issue
an
water
general
sewer
general
of
con¬
Richland County (P. O.
'■/.-V-Ohio
Bond
Election
election to
issue
Lawrence,
Bond
Ohio
general
a
Nov. 4, an
on
$400,000
Tuberculosis
ted for the voters' approval.
Rossford
School
Bond Sale
;
District,
issue of
bonds
on
general
Nov. 4
166,
bonds
M-S.
1,
1948
to
1971
highest bidder
incl.
will
be
submitted
7' />
;•
Mad
■
to
.
Township Local
(P. O.
Dayton), Ohio
-
Bond
District
Offering—Carl
M.
Hoff¬
Clerk-Treasurer of Board of
man,
Education, will receive sealed bids
until
Oct. 23
for the
were
tion held
authorized at
an
The
l%s, at
Ohio
Bond Election
—
Shanesville, Ohio
^
.
issue
of
bonds
the
until
noon
Oct. -13,' for
on
purchase of $4,000
works
3% water
be
submitted
for
the
voters' consideration.
Nnu>
bonds.
Dated
March
1947.
1,
De¬
1, from 1949 to 1956, incl. Bidders
bid
for
a
different
rate
of
interest in a multiple of y4 of 1%.
Principal and interest payable at
Coy,
until
check
for
$100, payable
Village, is required.
*
Sheffield Lake local Sch.
noon
E.
Dist.
Nov. 4:
on
$165,000 main sewer construction
$105,000 trunk sewage treat¬
ment plant improvement bonds.
and
Bond
Election—At the
bonds
an
will
be
submitted
to
the
Mc¬
Springfield, Ohio
Bond
issue
of
$224,000
general
Nov.
on
city
4
an
operating
bonds will be
submitted
consideration.
'
Election—At
the
$110,705
sewer
bonds,
for
of
Ohio
Bond
Offering
:
.
y7/>
B.
noon
on
of
sealed
bids
ment
and
interest
Dated Dec. 15, 1947. Interest J-D.
Denom. $400. Due $400 on Dec.
15 from 1949 to 1958 incl. Bidders
i'
Y
V; ;
,
»
J
f
the
1967,
rate
on
incl.
of
in-
|
'
:
S
of
connec¬
the
$60,000
repair and equipment
the Small-Milburn
Co.,
to
authorization
system
,
■
,
<
■'
of
repair
-;
^:,
■
net
a
interest
Bonds
held
Voted
At
—
Sept. 23
extension
cost
of
bonds
about
system bonds
were
3.36%,
sold
to
Duncan Paving District No. 4-D,
•
1950
being notified that
are
petition
United
has
been
States
filed
District
Court
the Eastern District of
plan
in
duced
properties
made
on
18%
to
or
If
166,
v.
—
chased
all
payment is
said
Philadelphia, Pd.
^
>'
">
"
on
Jan. 1, 1948, a total of
$15,000,000 4% bonds with a sav¬
ing of approximately $500,000 in
l%s,..at
as
J-J,
A
basis
interest.
It is stated that most of
the money to be used in the
pay¬
ment of the bonds will come from
the city's
of
1.37%.
sinking fund,
.
Five of the proposed ordinances
j
7
1199
p.
tional Bank, of
at
a
price of
day of
of
reduced
Portland,
Oct.
Jan.11.7777/7^777 7y. 77;
pur¬
States
Na¬
7 Mayor
on
iy>s,
basis
as
100.163, a
1.465%, The bonds
about
dated
were
—
by the United
on
before the first
1948.
22
are re¬
5%,
>
„
of
wherein
February,
for
composition
follows: Penalities
from
Prin¬
National
provided for redemption and pay-"
Hood River County,
County <// ment next
January of bonds is¬
/7 7 School District (P. O.' 77./ sued Jan.
1, 1928, while the sixth
Hood River), Or** / v. *77 affects three series of
refunding
Bond Sale—The $300,000 con¬ bonds of
1941/ Purchase and pay¬
struction bonds offered on Sept. ment of the latter
also will be
a
the
Oklahoma,
substantially as
on delinquent assessments
Interest
about
valid, general
ment
of
2, as fol¬
1949; $2,000 from
1956 incl., and $1,500 in
to
1957.
above
Bank
$1,000 in
-
Creditors of the
—
7* it
the
to 1961, and $4,000 in
1962, Albany, and associate,
inclusive,7 ■■.J.7.tj.7• 99.30, mature on Jan.
lows:
are
$15,000,000
Bonds Jan. 1—Mayor Samuel's of¬
fice recently announced that the
city is planning to call for pay¬
Sale Details—The $16,500
were
bonds
\
7
municipal airport expansion bonds
which
without
|7 City Plans to Call
Albany, Ore.
Bond
the
accepted^ The
receive
Bank,; of New
Brighton. A certified check for
$1,300, payable to the District, is
required.'
7, %'i
OREGON
as
on
cipal and interest payable at the
election
approved.
p.m.
obligations of the District.
an
was
8
opinion of Burgwin,
Ruffin, of Pittsburgh^
Churchill &
that
be
will
the
Union
an
will
charge
issue of $165,000 not to exceed 3% water works
on
1956
district
interest
purchaser
about
Vinita, Okla,
_
$18,000 as, 3s, maturing
$3,000 from. 195Q1& 1955, and $22,000 as 3V2S, maturing $3,000 from
all
of
bids until
which the bonds are to bear. No
bid for less than par and accrued
sold at
were
cost
check for $800, payable j
Distrist, is required.
the
purchase of $65,000
building
coupon
bonds.
Dated
Nov. 1,1947. Denomination $1,000.
Due
Nov.
1, as follows: $3,000
from 1948 to 1962, and $4,000 from1963 to 1967, all inclusive. Regis¬
terable as to principal only. Each
bid shall specify in a
multiple of
Va of 1%, a single rate of interest
2.075%, as follows: $48,000 matur¬
ing $6,000 from 1950 to 1957, in¬
clusive, as 2s, and $12,000 matur¬
ing $6,000 in 1958 apd 1959 as 2y4s,
follows:
Samuel
Jan/
i,
$15,000,000
explained that
city issued
worth of/4%' bonds,
1928
the
portion of five separate authoriza¬
are
1, 1947. Interest A-O.
tions/ 777v7'',;;
amount is not paid within said
Due serially from 1949 to 1958, I
Some of these bonds, were due
delinquent time, said penalty re¬ inclusive.
The
second
highest .Jan. 1, 1958, and the others on
duction is inoperative.
7V7*77Vv bidder was- the First National Jan. 1, 1978, and all of them were
A hearing on the petition will
Bank, of Portland, for l3/4s, at callable at the option of the city
be held on Dec. 5, 1947, at 9:30
on Jan.
100.429. /
1, 1948 or at any interest
/•
in the United States District
Court Room, at Muskogee,
Okla.,
at which time and place
any ob¬
a.m.,
tion
will
be
heard.
tions shall be in
be
filed
Such
County School District No. S
;
(P. O. La Grande), Ore.
'
Bond
District
Frances
—
Clerk,
W.
will
re¬
ceed
interest
6%.
construction
coupon
District Court Clerk
bonds
Interest J-J. Denomination $1,000.
Due $5,000 on July 1, from 1948
on
the date fixed for the
before
hearing.
to
Elk
Bond
or
City, Okla.
Sale
The
following
$350,000, offered on
Bank, of Elk City, at
of
2.39%:
a
incl. These
at
the
in
the
elections
ing
Winfree,
be
check
*
for
furnished.
A
Voted
Sept. 23
—<
an
At
29.;
election
issue of $565,-
000 construction bonds
was
;v •
'Bond
Washington
voted.
..
Details—In
sewer
bonds/reported in our
Aug. 11 issue—v. 166, p. 615—purI
.)
4
X'l*
U.i
l.;Y
-
•;
the
ordinance
calling of the
bonds
at
the
which
is
Jan.
first
1.
>
provide#
refunding
optional [date
"There; is, $8,-
252,556.81/ available inthe sink¬
ing funds towards their1 payment
and $4,013,343.19 additional will
be required."
;; • rv 7
"
.
,~
Pittsburgh, Pa. '■
\
was
Bends Voted—The $21,000,000
Sept. public improvement bonds author¬
\7 ized at " the primary election on
Sept. 9, will be issued for the! fol¬
County Grade <
lowing purposes: 7 7.7 !
School District
7777' 7.;'
connec¬
Bonds
tion with the sale of $97,000 street
and
The ' sixth
for
certified
on
No~ 32
77;' (P. O. Cherry Grove),
' Guymon, Okla.
Sale
at
Bonds Not Sold^—The issue
Okla.
an
proposed ordinances
the calling of these
the first optional date,
ing operation of these .bonds,
McCul-
$500 is required.
originally offered for sale
on
•
their payment and
$994,271.68 additional will be
required;
fiscal agency of the State,
York City. The approv¬
opinion of
will
water
$95,000 sewage disposal,
$10,000 airport bonds.
held
:
.
to. complete the proposed refunds
held
New
works,
Enid School District,
-
ward
the bonds
are
loch, Shuler & Sayre/of Portland,
net interest
$245,000
•
Jan. 1, 1948. There is $4,017,728.32
available, in the sinking fund to¬
on; April
15, and Aug. 5, 1947.
Principal and interest payable at
the County Treasurer's office or
Trust., R. J. Edwards, Inc., all
City, Evan L. Davis,
Tulsa, and the First National
cost
1953
authorized/at
15, were purchased by a
syndicate composed of the Small-
of
bonds. Dated July 1, 1947.
—
bonds totaling
-".
Of the total, $9,988,000 was ex¬
changed and cancelled under the;
1942
refunding plan leaving a;
balance of $5,012,000
outstanding,
ceive sealed bids until Oct. 21 for i
The five
the purchase of $30,000 not to ex¬ .provide for
10
days prior to
Consenting bond¬
hearing.
Offering
Terrall,
objec¬
writing and must
at least
date thereafter."
Union
holders shall file consent with the
Oct.
$4,000
to
Oct. 7, for the
Wichita, reported in our Sept.
166, p. 1199—we now
par.,
until
9, for the purchase
3%
building
bonds.
1948
name
ceive sealed
,
Bonds
Florence
—
sale
learn that the bonds
election
an
Comanche, Okla.
7' ,r.
Bond Sale—The $40,000 electric
Strongville Local School District,
receive
multiple of lA of 1%,
bonds
the
Oklahoma
and
will
bonds.
Dated Aug. 1, 1947. Interest M-N.
Denomination $1,000. Due $6,000
Nov. 1, 1957 and 1958.
Bidders
may bid for a different rate of in¬
submitted
of Oklahoma
Election—At the
election to be held
on
refunding
building,
construction
Milburn Co.,. First National Bank
voters.
4%
a
be
Sale Details —In
tion with the
an
Sept.
$15,000 fire station h<
Drake, Clerk Board of Education,
terest in
$179,000
Bond
general
Nov; 4
on
will
Sulphur School District, Okla.
■
Willoughby, Ohio
Bond
general
Nov. 4
on
to
Brighton School District, Pa„
Bond
Offering — A. Stewart
Wood, District Secretary, will re¬
22 issue—v.
Spencer, Ohio
election to be held
$1,000. Due $2,000
from
New
election
an
Oct. 7 the, following
be submitted for the
approval:
$65,000
fire
fighting equipment purchase,
$50,000 bridge construction, and
$35,000 garbage disposal bonds.
approval of the voters.
^
Oct. 11 for the purchase of
$12,000
interest
will
held
the
such
Lorain),
1,
certified
*
\
voters'
an
jections to the plan of composi¬
O.
Election—The
receive
(EST)
4
Ohio
following
bonds totaling $270,000
will be
submitted for approval at the gen¬
(P.
Bond
expense
Offering—James
Citv Auditor, will
bids
to the
for
Boston, Ohio
Bond
sealed
of
bonds
be
improvement, limited tax containing
nomination $500. Due $500 on Jan.
an
$550,000 county hospital
will
to
issue
&
Nov. 4
Election—At
election
mitted
Offering — Paul Jones,
Village Clerk, will receive sealed
At the general
on
bonds
general
Nov.
Lafayette School District,
'■"•7 Ohio
;
0kla-
Bond
issue of
Morrow County (P. O. Mt. Gilead),
election to be held
the
on
Plan of Debt Composition Sub¬
The
elec¬
Aug. 28.
on
West
price of 100.18.
purchase of
$115,000 construction bonds."
bonds
District, Ohio
held
eral election to be held
the
77,;y:i
River
School
be
issue of $75,000 construction bonds
will be submitted to the voters.
Braun,
was
Oct.
on
purchased by R. J. Edwards, Inc./
of Oklahoma City, at
par, a net
1, 1947. In¬
serially from
Due
nomination
Bidders
Oct. 21.
on
Election—At
to be held
light distribution system improve- j
dated Nov.
are
terest
B*
until 8 p.m. on Oct. 7, for the
purchase of $40,000 building cou¬
pon bonds. Dated Oct. 1* 1947. De¬
ma-
1965, as
maturing
Shawnee, Okla.
/
.Bond
:•i
Sept. 15—
purchased
on
1103—were
p.
authorized
'
7;7.7'
by Ryan, Sutherland & Co., of
Toledo, as l3/4s, at a price of 100.596, a basis of about 1.695%I The
an
$480,000 general hospital
voters.
been
Ohio 7
$85;000 sta¬
The
—
pre¬
to
7 7-
Exempted ''Village
dium bonds offered
The issu¬
—
Election—At
Sanitorium bonds will be submit¬
certified
Election—At the
have
7"77''v-'
consider
At
—
be held
of
of
to be held this Fall the voters will
will be furnished. No bids for less
than par and accrued interest. A
be submitted to the voters.. ;
Bond
Mansfield),
to
election to be held
to
Bond
of
,
said
election to
be held on Nov.. 4 an the office of the Village Treasurer.
$280,000 sewage disposal The approving opinion of Squire,
plant and sewer system bonds will Sanders & Dempsey, of Cleveland,
election
Authorized
recently.
to the voters for their approval.
may
Ohio
Kenton,
Election—At the
Bond
1.71%. The bonds
of
ance
Dist.,
77
struction bonds will be submitted
bids
Fort
Sch.
Howard
—
:2V2s,: and $10,000
terest in a multiple of V4 of 1%,
$5,000 from 1966 to 1967 incl.,
and must be the same for all of
/ as 2%s., v
■;; 7-',,: 7.
7/ the bonds. No bids for less than
7,500 street bonds as 2J/4s, at
par
and accrued interest. Prin-r
v
par. Due from 1950 to 1956
cipal and interest payable at the
Incl. '■
1
y
National Deposit Bank, Browns¬
ville. Registerable as to principal
Muskogee, Okla.
Bond Election
opinion of
An issue of only. The approving
$915,000 improvement bonds will Burgwin, Churchill & Ruffin, of
be submitted to the voters at an Pittsburgh, will be furnished. A
,
election to be held
will
to
Offering
—
Canton, Ohio
Nov.
on
1956
77,:
.
Election—At
voters
will consider the issuance of
$5,000 from
is
bonds
Bond
Johnston, Jr., Secretary Board of
Directors, will receive sealed bids
$5,000 from 1950 to
2y4s, $50,000 maturing
as
issue of
[
—
1955
<
a
follows: $30,000
an
4
Nov. 4,
on
North
a
the
4
about
was " the
Ohio
Co.,
Columbus, for 2s,, at 102.13.
$50,000 construction bonds.
election
an
of
turing
;;
.?
as
for
$75.00
equal
to
net interest cost of
$50,000 site purchase and
swimimng pool construction bonds
Bosworth & Co.j Inc., for
Gahanna), Ohio
7 Bond
;
a
election
Local
Bond Election
to
second
O.
2.50%
on
bidder
will consider the authorization of
Sept.
bonds.
Jefferson School District (P.
basis
of
100.08,
Brownsville School District, Pa.
follows:
as
bonds
pennsylvania
»
learn that
we
sold
were
sewer
mium
,
Sept. 15—
v.
166, p. 1103—were purchased
by Braun, Bosworth & Co., Inc.,
as
l%s, at a price of 100.463, a
Bonds
Nov.
bonds
an
7 Ohio
v.
.
Jackson Township School District
.
1 °/<
pay¬
District, Ohio
construction
;;v
au¬
thorized at the November election
in
offered
City, jointly,
$90,000
Toronto, Ohio
School
on
■
follows:
as
bonds,
considered.
New
bids
sealed
bonds
Warsaw School
do, Clerk Board of Education, will
(EST)
check for
Election—At
to be held
Ohio
receive
London
Bond
District,
Offering—Ralph E. Wal¬
Bond
the
Bond Sale—The $199,000 build¬
able to the city.
20, of refunding bonds, dated Jan.
1, 1939. Bonds will be purchased
at the lowest price offered to the
extent of approximately $50,000.
Local School
certified
a
of the amount of the
Heege, Village Clerk, will receive
sealed tenders until 8 p.m. on Oct.
Hinckley
No bid for
homa
Ohio
ing
Monday, October 6, 1947
chased by Calvert & Canfield, and
C. Edgar Honnold, both of Okla¬
ceived. The approving opinion of
are
dated Oct. 1,
1947. Interest
Peck, Shaffer & Williams, of Cin¬
A-O. Due serially from 1949 to
cinnati, will be furnished to th<
1971, incl. The second highest
successful
bidder
without
cost
on
(P. O. Cleveland 16),
Tenders Wanted
bid for different rate of in¬
may
on
payabh
less than par and accrued interest.
No conditional bids will be re¬
Nov. 4.
Fairview
Council
are
10 mill tax limitation.
$50,000 library building bonds will
be considered by the voters at a
general
City
and
by the
13, 1947,
from taxes to be levied within the
issue
CHRONICLE
a
passed
V
East Palestine,
FINANCIAL
of
Aug.
eral election.
&
like principal terest in a multiple of
of 1%.
outstanding bonds of No bid to be for less than par and
the city under authority of the accrued interest. A certified check
general laws of Ohio, particularly for $50, payable to the Board of
the Uniform Bond Act of the Gen¬
Education, is required.
eral Code, and under and in ac
Sunbury Local School District,
cordance with Ordinance No. 1197
of
submitted
issued for the pur¬
are
of refunding
pose
amount
Bond Election—The Clerk of the
issue
COMMERCIAL
held
on
'
Oregon 7\.«•
Voted—At
Sept. 22
an
construction bonds
•j
an
*.
■
^
$14,800,000
street
improvement,
7 .sewers, pumping stations, re¬
fuse
disposal - facilities,
.7 bridges,
warehouse,
garage,
.
v
;
.
election
issue of $25,000
was
t
.
voted.
*-»•••
;"
:
■*
•
department of public works
and water system bonds.
Volume
166
THE COMMERCIAL & FINANCIAL
Number 4635
r
3,800,000
park
department,
and
reation
North
Side
Sept. 15, from 1962 to 1967, in¬
on
rec¬
clusive,
con¬
Interest M-S.
servatory bonds.
•2,200,000
police
v
municipal
and
-
f|re
tion
other facilities bonds.
bonds.
,
■
•
with
bonds
Bond
Offering — George V.
Morris, Secretary Board of TownShip Commissioners, will receive
sealed bids until 8 p.m. (EST), on
Oct. 20, for the purchase of sewer
coupon bonds. Bids on any of the
following principal amounts will
be accepted:
' >
100.636,
1948
Nov. 1,
from
1949 to
to
1957
Bond
incl.
/
son
in
&
sale
of the
—
1952, incl.
same
will
of
rates
interest
for
fered
Not
for
Sold—Alt bids
the
re¬
$178,000 light and
are
dated Oct.
1, 1947.
Denomination $1,000. Due $12,000
from 1949 to 1953; $15,000 in 1954;
$18,000 in 1955; $20,000 in 1956;
$22,000 in 1957; $25,000 in 1958
and $18,000 in 1959.
The bands
rate for each may
differ/ i
;
;
issued subject to
revenue
bonds was voted
election held
at
Sept. 9.
on
Texas
Offering
Bond
'■
,
j
bonds.
Dated
M-N.
Interest
Oct.
1,
Nov.
I,
Nederland,
Bond
000
Sale—An
water
and
Texas
issue
of
$200,-
bonds
sewer
was
recently purchased by Rowles &
Co.* J. R. Phillips Investment Co.,
1,
each
rate' on
Bond
York
City, will be furnished.
future
an
for
bonds
close
least
at
90
days.
value of bonds, payable
0. F. Holcombe* Mayor.
be
the
an
near
$200,000 school
submitted.
an election
Sept. 27 the voters refused to
on
authorize
bonds.
an
issue of
'G':
$750,000 road
G''G
Velasco,
Texas
Bond Sale—An issue of
En¬
of
par
issue of
in
Bonds Defeated—At
No
water
check for 2%
certified
a
Pending—At
held
Randall County (P. O. Canyon),
Texas
City will not offer for sale any
additional
general obligation
1951;
1953;
1955;
1957;
1958; $115,000 in 1959;
1960; $121,000 in 1961;
1962; $128,000 in 1963;
1964; $136,000 in 1965;
1966; and $142,000 in
be
to
bonds will
bid for less than par and accrued
interest will -be
accepted.
The
1949;
Election
election
issue.
1947.
1, as
follows:
$368,000 in 1948; $86,000 in
$88,000 in 1950; $91,000 in
$93,000 in 1952; $96,000 in
$98,000 in 1954; $100,000 in
$105,000 in 1956; $108,000 in
Nov.
interest
one
Oct. 14 for the
Dated
Oct.
sue.
Principal and interest payable at
the Chase National Bank, of New
York. The approving opinion of
Reed, Hoyt & Washburn, of New
Education will receive sealed bids
on
Dated
Callable at par and accrued
interest 15 years from date of is¬
none
The Board of
—
A-O.
1947.
y4 of 1%. Bids must be for all or
of the bonds; Bid on only
Independent School District,
Dallas
ment
on
The bonds
all of the
000
an
to
and Moroney Beissner & Co., all
1947.
Interest of Houston, jointly.
M-N. Denomination $1,000.
Rate
Pear sail School District, Texas
of interest to be in a multiple of
Dated
purchase of $2,500,000 not to ex¬
ceed 3% interest school improve¬
plant revenue bonds of
Sept. 29, were rejected.
power
principal amount of bonds
accepted. Bidders may
The bonds
SOUTH DAKOTA
Bonds
ceived
the
principal amounts and the interest
/
&
Texas
Daisetta,
now
Arlington, S. Dak.
be
submit bids for any or
Bank,
approved
Weems
Interest
300,000 civic center improvement
bonds. Due $12,000 on Nov. 1,
from 1948 to 1972* inclusive.
210,000
bituminous
surfacing
street improvement bonds.
Due $14,000 on Nov. 1 from
1948 to 1962, inclusive.
50,000 street name marker bonds.
Due $5,000 on Nov. 1, from
1948 to 1957, inclusive.
Bonds Voted—An issue of $350,-
until 4.30 p.m.
GG
principal only. Bidder to name the
rate of interest in a multiple of %
of 1%. No bid combining two dif¬
ferent
Legality
$1,000
1950
inclusive.
inclusive.
$1,000 from 1952 to 1961, and $1,1962 to 1969, inclusive.
Principal and interest (F-A) pay¬
55
on
April'*'1
1956; $12,000
2y2s,
maturing
$3,000
on
April 1 from 1957 to 1960, and
$31,000 23/4s, maturing $3,000
April 1, 1961 and 1962, and
$5,000 from 1963 to 1967, all
600,000 sanitary sewage disposal
system bondsv
Due $24,000
on Nov. 1 from 1948 to
1972,
500 from
$16,000
learn that the
bonds were sold at par. The bonds
are dated July
1, 1947. Due serial¬
ly from 1948 to 1963 inclusive.'
we
maturing
from
;
clusive.
of $22,400
refunding, series 1947 bonds was
purchased recently by Ernest L.
Brown, Jr.* of Houston, as 3!/2S.
Dated Aug. 15, 1947. Due Feb. 15,
as follows: $100 from 1948 to 1951;
by
Vinson,
Elkins,
Francis, of Houston.
Co., of Charlotte, reported
Sept. 22 issue — v. 166, p.
our
1199
Nov. 1/ 1947. Denomina¬
$1,000.
Registerable as
to
tion
sewer bonds.
Due
Nov. 1, as follows: $28,000
1948 to 1962,. and
$27,000 from
1963 to 1972, in¬
from
Texas
Centerville.
Dated
»
690,000 storm
Bond Sale—An issue
Sale Details—In connec¬
the
(1403)
on
able at the Centerville State
\
-
2%% school bonds to R. S. Dick¬
follows:
$25,000 in, 1949 and 1950, and
$20,000 in 1951 arid 1952;
:
80,000 due $20,000 on Nov. 1,
'
a
1947.
tion with
-
:
at
County, Kelly-Pinchney
School District No. 18 (P. O.
Union), S. C.
:
■
~
$60,000
price of
basis of 0.932%. Dated
Due serially from
a
1,
$200,000
.
.
as
the
Union
'
on
sold
were
Sept.
$100,000 due $25,000 on Nov;> 1,
'front 1949 to 1952, incl.
:
90,000 due
of
Co.,, of Savannah, notice of which
reported in our Sept. 29 issue—
v. 166, p. 1303—we learn that the
•
Upper Dublin Township (P. O.
Ambler), Pa.
.
sale
connec¬
works „; system
revenue
bonds to Johnson, Lane, Space &
,/
.
the
of
Concord Independent Sch. Dist.,
:
Details—In
water
2,000,000
library
construction,
lighting and power equipment
•
Sale
Bond
and
issue
an
<
county hospital bonds.
Florence, S. C,
buildings,
stations
rejected
CHRONICLE
,
works
$186,000
sanitary sewer
and
system revenue, series 1947 bonds
to
purchased
were
recently
by
Er¬
nest L.
Brown, Jr., of Houston, as.
approving opinion of Town3s, and 3y4s. Interest F-A. Dated
GGG.,j
Texas ■'/
^ ■' '■ Aug.
send, Elliott & Munson, of Phila¬
1, 1947. Due Aug. 1, as fol¬
Bond Sale—An issue of $529,000
lows: $4,000
delphia, and will be delivered to
in" 1948, $5,000 in
road
bonds
was
purchased re¬ 1949 to
the purchaser only if and after
1951, $6,000 in 1952 to
cently by Rowles & Co. of Hous¬
the proceedings authorizing
1967.
1956, $7,000 in 1957 to 1959, $8,000
the, bank or trust
company. Legality
ton,
R.
J.
Edwards,
Inc.,
of in 1960 to 1964, $9,000 in 1965 to
issuance thereof have been ap¬
Split interest rate bids will be
Oklahoma City, Russ & Co., of
approved ? by
Dorsey/ Colman*
proved by the Dept. of Internal
1968, and $10,000 in 1969 to 1972.
accepted but the rates must be in
San Antonio, and Emerson, Roche
Affairs. A certified check for 2% Barker, Scott & Barber, of Minne¬ multiples of Va of 1% and no bid
Optional Aug. 1, 1952. Principal
& Co., of Austin, jointly, as 1%S..
apolis. .•>:.'vV.GG'1;//; »■;,; ''
"of the face amount of the
and interest payable at the Vel¬
may name more than 3 rates. The
bonds,
payable to the Township Treas¬
'.r
Big Stone City, S. Dak..
approving opinion of Vandewater, La Salle County Common Sch. Dist. asco State Bank, Velasco. Legality
urer,
isr required. Bidders who
approved
by
No. 1 (P. O. Cotulla), Texas
Vinson,
Bonds Authorized
Elkins,
The City Sykes and Heckler, of New York,
submit bids for more than one
Bonds Sold—Rauscher, Pierce & Weems & Francis, of Houston.
Council is said to have authorized N. Y., will be furnished by the
are
$111,000
$118,000
$124*000
were
authorized
at
an
election
$132,000
held on Aug. 12. Principal and'in$140,000
terest
payable at any suitable
the
in
in
in
in
in
Wells
Jim
County
(P* O, Alice),
—
principal amount of bonds are reQuired to furnish only one certi¬
fied
check for
2%
of
the
the
largest
■.G'GG;;
/
Bonds
held
Voted —At
an
election
SOUTH CAROLINA
*
,
104.70.
son, Lane, Space & Co., of Sa¬
vannah,; reported in our Sept. 1
issue—v. 166, p. 903—we now
'
>G'
^iGG/GG/. ;GG;?/GG'-G
i
sold for
TENNESSEE
Sparta, Tenn. -G•''•-/G\\
Bond Ofering—S. R,
Dahlberg,
District Clerk, will receive sealed
bids until 2 p.m. on Oct. 8, for the
a
premium of $1,158.13, equal to
a. basis of
2.019%., The
bonds are dated July
102.06,
1; 1947. Due
incl.
to -1966,
purchase of $50,000 not to exceed
Legality approved by Huger Sink- 3%* street bonds. Dated
Sept. 1,
ler, of Charleston.
:
- •
G/ «> . 1947, Interest M-S'. Due oil Sept.
v.*"
*
$125,-
sewer
disposal "plant
water main bonds
voted.'
was
and
favorably
/G-G :V GGG G-" GG/',
Blufffon Township (P. O.
Bluffton), S.:C{
Bond
-
Sale
Details—In
will
be
de¬
Co., and Russ & Co., both of San
Antonio, jointly, recently pur¬
chased $50,000 road construction
bonds, divided
Elsa,
as
on
Sept.
—
6
At
election
an
were
the
follows:
held
•
until
-
Oct.
104.61/ a.' basis of 2.014%. /The
bonds are dated July
1, 1947. Due
terest
16
of
The fCity
m the in¬
and
sinking fund account
^serially from 1948 to 1966 inch for Series 1940 Refunding bonds;
Interest due annually on
dated April I, 1940* after setting
July 1.
*
:
aside
sufficient amounts to meet
all interest requirements for Oct.
Chester, S,.' C. ''GlGG
Bond Sale—An issue of
$340,000
water and sewer revenue bonds
;
..
Bonds
held
voted —At
Sept.
on
proved
bonds.
the
on
bonds
&.
—
SepL 30
The
1947
■
-
•to
at a recent election..
G.v I
1951;, $10,000 from 1952 to
1955; $22,000 from 1956 to 1959; Comal
County (P.O. Braumfdfs),
$44,00ft as 2i4s, maturing $22,000
T:Y-'
Texas
':
' 1
•'
ton Sept 15* I960 and.
1961,- and- / Bends Not Voted—At an elec¬
$132,000;as 2%>s, maturing $22,000 tion held on
Sept. 20 the voters
,
,
,
1955
1972
to
bonds
and
dated
are
;were
,
Nov,
re-offered
1,
by
W. Craigie & Co. at prices to
yield from 0.70% to 1.50%, ac¬
At an election
following cordingto/maturity.
the
are
were
approved
bf the
$925,000 water improve¬
Sale
l,!l from
F.
Details—In
bid
of
&;
Craigie
ment bankers and dealers in var¬
tion with the sale of the
Refunding bonds Nos.
aggregating $110,000,
successful
Co,* the City received a large
number of other bids from invest¬
connec¬
Florence Shroyer, reports that 3%
3%% Court House and Jail
The bonds
legal investment for savings
banks and trust companies in the
State of New York. In addition to
the
.
Bond
Nov*
inclusive.
voters ap¬
McAllen, Texas /
Bonds Voted
held
13
v/
election
an
an issue of $300*000 road
Z. /,G/'/-/Gyv
•• .••■■/■.• /
.
of
and
1
to
are
bonds to James C.
110,
\
Bond
City
.
vgG-: ; VG"
that the bonds
lows;
will
sealed bids until 10 a.m.
receive
on Oct.
15, for the purchase of $5,000,000
3% coupon bonds,
not to exceed
divided
as
were
sold
as
follows:
■
••
"
$2,400,000
sanitary
sewage
dis-
posal system bonds. Due $96,000 On Nov. 1, from 1948 to
1972, inclusive.
750^00 permanent paving bonds,
v/
Due $30,000 on Nov. 1, from
V •' 1948 to
1972, inclusive.
>-
,
Inclusive,
1
50,000
Lewis
/
1"
fol¬
:
^.
-V
$150,000
hospital
improvement
bonds, taking $14,000 as 2s,
maturing $2,000 on April 1
from 1950 to 1956; $28,000
,2^$, maturing $7,000 April 1
from 1957 to 1960;
$81,000
.2%s, maturing $9,000 April 1
from 1961 to 1969* and $27,000 3s,
maturing $9,000 on
April 1 from 1970 to 1972, all
Houston, Texas
1
•'
Offering—Roy B. Oakes,
Comptroller,
WASHINGTON
tional
payment on Dec. 1* at the
Stafe Treasurer's office in Austin.
Dated Deer. I, 1942. Denomination
$1,000.
^G
;
$200,000 ious parts of the country.
Tucker & Co.,
Austin, and the Stone Fort Na¬
Bank*
of
Nacogdoches,
jointly* at par* a net interest cost
of 2.73%, reported in our
Sept. 29
issue—v. 166, p. 1304—we learn
called
for
was
-
—
bonds
:
.
1, 1947, and April 1,1948. Tenders ".,'..'0
to be for? less than
par and ac¬
purchased by R. S. Dickson crued
interest.'
; G.-: G.G -' >?
& Co., of
Charlotte, and Robin'■
t-:
Brooks County Independent G
son-Hupmphrey Co., of Atlanta,
T." School District
jointly, at par, a net interest cost
(P..0.G
'
■
of
about
Falfurrias), Texas
1 /.A
2.312,%, as follows:
Bonds Voted—An issue of
$164,00ft as 2s, i maturing on Sept.
$500*000 construction toonds was voted
15, as follows: $9,000 from 1948
Sale
•
r
1940' refunding bonds.
has a surplus of $5,000
,
Danville, Va.
•
sealed /tenders-
election
an
The
following
totaling $1,500,000 offered
on
Sept/ 22 —V. 166, p. 1200 —
8,000 3y4% bonds. Due $4,000 or were purchased
by F. W. Craigie
July 1 in 1962 and 1963.
j & Co.* of Richmond, at a price of
//G.,./' Hearne, Texas
' /
All of the bonds are dated July
100.77,
a
net
interest cost of
Bond Sale—An issue of $138,000
water works and sewer extension 1, 1947. Denom. $1,000. Principal 1.3814%, as follows: / ;
and interest (J-J) payable at the
and improvement bonds was pur¬
$1,250,000 street series J bonds,
Stockmen's National Bank, Cotul¬
chased
$437,500 1.30s, maturing $62,recently
by
Rauscher, la.. The bonds
were authorized
;
Pierce & CdC, B. K. Dunbar & Co.*
.500 on Nov. 1, from 1948 to
by the voters and are direct and
both of San Antonio,
1954; and $812,500 1.40s, ma¬
jointly, as
general obligations of the district;
follows: $45,000 2s, maturing
turing
$62,500
on
Nov.
1,
$5,000 on March 15, from 1949 to payable from ad valorem taxes
from 1955 to 1972 incl.
on
all
of
its
taxable
property
1957; $25,000 2%sy maturing $5,000
250,000 water system of 1947
within the limits imposed by lawj
on March
G bonds, for $70,000 1.30s, ma¬
15, from 1958 to 1962;
approved
by
Gibson,
and $68,000 3s, maturing on March Legality
turing $10,000 on Nov. 1, from
Gibson & Boothman of Austin.
:
1948
to
15, $5,000 from 1963 to 1974, and
1954; and $180,000
La Salle (P. O. Cotulla), Texas \
$8,000 in 1975.
Dated Sept. 15,
1.40s,
maturing $10,000 on
//from 1959 to 1961 inclusive.
.
>
the: bonds' were I sold for. a
premium -of $1,152,000, equal to
Laredo),
an
issue of $250*Improvement bonds waa
Sept. 11
Bond
Crowe* of voters:
tion with the sale of the
$25,000
Dallas, .y; ,h-,;
^GG:?' ■ /v.
ment and reserve revenue
2% % interest road bonds to John¬ ;Gyy/GGG::TEXAS
"• 1'
bonds;
A,-v
son, Lane/ Space & Co., of Savan¬ ///GG Archer City, Texas
GG-. Helton County (p/O* Crockett), $575,000 water refunding bonds.
/:'V " Texas }
nah, reported in our Sept. 1 issue e ^Tenders Invited—B. D. Robert¬
%'
Nacogdoches, Texas
vBottd Call—County Treasure?
160*/p. 903-mvo; now learn son, City Secretary*will receive
that
At
—
/GGyiGy Virginia'
1952.
30,000 2%% bonds. Due July 1
as
follows: $3,000 from 1953
to 1958 inclusive* and $4,000
:
on
O.
Texas
■
inclusive, and $3,000
in 1951 and
authorized
each'bid.,;.to;/*. GG-/'/'-'G'? G-j McCall, Farkhurst
connec¬
1950
(P.
County
Bonds Voted
follows:
to
-
Bonds Voted
as
Webb
bonds. Due 2uly 1/ 000 road
$2,000 from 1948 voted.
$12,000 21/z%
Texas
1 as follows:
$3,000 irl 1948 and
1949; $4,000 from 1950 to 1952;
1947.
Interest M-S. Bonds matur¬
$5,000 from 1953 to 1958,, and $2,~
ing from 1963 to 1975, are optional
000 in 1959, all inclusive/
The
Sept. IS, 1962, at par and accrued
bonds > will be delivered to the
interest.
Principal and interest
purchaser, accompanied wi^h the
payable at the office of the Citv
approving opinion of Chapman &
Treasurer.
These are the bonds
Cutler, of .Chicago. A certified
authorized at an election on
Sept.
check for $1*000, must accompany
9.
Approved as. to legality by
'BishoptSUe, S.i
"G Bonds; Voted —- At an election
held on Sept. 23 an issue of
000
bonds
District, is required.
(>'■
bonds
GGG/yGGGG:;t-
j Beaufort), S. C*-V/:V'¥ "i
Bond-Sale Details—In connec¬ school bonds was purchased re¬
tion with the sale of the $50,000 cently by the Stockholm/: State
2%% interest road bonds to John- Bank of Stockholm, at a price of
'
1948
School
Sept. 23 an issu^ of $25*held
water
system
bo^ds
was
;
'**>,?•: */».
serially Trom
The
Bank, Austin. Texas.
A certified
check, for $50*000 payable to the
on
voted.
were
,
following
by : the
voters:
$140,000
sewer
system
Strandburg Indep. School District,, bonds;^ $110,000
water / works
V;. S. Dak. -•:'
revenue
bonds;
$59,000
water
•'v.; Bond Sale—An issue of
$5,000 works improvement bonds..
•
; 1
000
G'.'-v\//G:'G:
learn that the bonds
District.
livered at the American Naitonal
Emery, S. Dak.\
principal amount of
bonds, which the Township deter¬
'*/'/ Beaufort County (P. O.
totaling
struction bonds..
whichever
*
of
the
following
$125,000: $85,000
revenue/ and $40,000 sewer con¬
principal amount of the bonds bid
for, and such check may be ap¬
plied to the bid of such bidder for
mines to sell.
issuance
bonds
•
1
I
i
>
County, Chehatis School
District No. 302 (P. O.
Chehalis),
Wash.
:
*
Bond Sale—The
$275,000 school
bonds offered on Sept. 15—v. 166,
p. 1104—Were purchased by the
State* as
1%9.
Interest
A-O.
Dated Oct. 1* 1947, Due serially
from Oct 1* 1949 to 1962, inclu•
1
sive. The bonds are approved as
!to legality by Preston* Thorgrimlson &
Horowitz* of Seattle.
County, School Dist* No. 118
(P. O. South Bend), Wash.
Pacific
Bond
Sale
Details—In
Connec¬
tion with the sale
of the $69,000
school bonds to Fordyce & Co.* of
airport improvement
bonds, taking $7,000 as 2s, Portland reported in our Sept. 1,
5G
THE
(1404)
issue
—
v. 166, p. 904 — we now
learn that the bonds were sold at
100.01,
Sept. 24, was purchased
Seymour State Bank.
for bonds
maturing from
1948
to
1958 incl., as l%s, and
bonds maturing from 1959 to 1962
incl., as 2s.
COMMERCIAL
by
the
&
FINANCIAL
CHRONICLE
Federal Reserve
XXXv
%
Vancouver, B. C. *
Debenture
Offering —
,
Monday, October 6, 1947
Frank
The
Spring Green,
Wis.
Jones, City Comptroller, will re¬
Bond Sale
The $30,000 water ceive sealed bids until 2 p.m. on
pumping station bonds offered at Oct. 7 for the purchase of $2,auction on Oct. 1—v. 166, p. 1304 859,000 debentures, as follows:
—were
awarded to Paine, Web¬ $1,948,000
3% various improve¬
Pasco, Wash.
ment debentures. Due Nov. 1,
Bond Issuance Contemplated— ber, Jackson & Curtis, of Chicago,
as
follows: $105,000 in 1958,
The city officials are said to be as 2s, at a price of 101.486, a basis X
•$108,000 in 1959, $111,000 in
planning to issue $175,000 water of about 1.80%. ' The bonds are
dated Oct. 1, 1947 and mature on ,X
revenue bonds in the near future.
1960, $115,000 in 1961, $118,000 in 1962, $122,000 in 1963,
April 1 from 1948 to 1967 inclu¬
Selah, Wash.
r
sive; optional on or after April 1.
$125,000 in 1964, $129,000 in
Bonds Authorized
The City
1957. > Harley,
Haydon
&
1965, $133,000 in 1966, $136,Co.,
Council is said to have approved
000 in 1967, $140,000 in 1968,
runner-up in the bidding, offered
the issuance of $290,000 water and
101.483 for 2s. - V
i- , : / j
$145,000 in 1969, $149,000 in
sewer improvement bonds.
1970y $153,000 in 1971, and
Superior, Wis.
$159,000 in 1972.
Washington Toll Bridge Authority
Bond Sale—The $70,000 school
911,000 2\k%, various improve¬
(P. O. Olympia), Wash.
of
August Business Index
Governors of the Federal
Reserve
System issued
Sept. 25 its monthly indexes of industrial production, factory em¬
on
—
Board
ployment and payrolls, etc.
conditions
ness
The Board's customary summary of busi¬
made
was
August together with
public at the
month and
a
same
time.
ago,
follow:
a year
The indexes for
f
'
;
1939
-
average =100
for
factory
contracts;
'
*
series. XXX-X- /XXXy X
average = 100 for construction
1935-39 average = 100 for all other
Adjusted for
—
7
production—* '
1946
-1947
'
Without
—Seasonal Adjustment-
y
.
—Seasonal Variation
Industrial
X"'X
payrolls:
and
employment
1923-25
XX X'
'••>»
X'Xi:'./\
"; f'.--
INDEXES
BUSINESS
;;,
194S
:
1947
•
July "
Aug.
Aug.
July
Aug.
Aug.
*182
177
A 178
*185
179
*183
184
184
'*190
185
186
*211
208
208
*213
209
210
*169
164
164
*172
166
166
*150
141
144
*155
146
147
.
Bonds
Sold
—
is
It
stated
an
view
offered
were
not
Not
issue of $3,650,000 LongToll Bridge revenue bonds
that
sold,
Sept. 29 but were
all bids were re¬
on
as
jected. It is understood that these
bonds
are
Dated
Sept.
1947.
15,
,
readvertised.
be
to
Due
] on
Sept. 15, 1977.
f
WEST VIRGINIA
offered
on
The bonds
are
Virginia
Details—In
connec¬
166,
1200)
p.
28 issue
Sept.
and
(v. 166, p. 1304), we learn that
the bonds are dated Nov. 1, 1947,
-
improvement
bonds
offered
incl.
The
bonds
time after 5
crued
callable any
are
years
interest.
at 102 plus
'»\
ac¬
~
WYOMING
'Wyy?'
1, 1953, at
Nov.
after
*102.50, if called prior to Nov. 1,
•1959, and at par if called there¬
_
after.
x
v
,
*
,
?
Elkins, W, Va.
v
Voted
Bonds
Sale—An
issue
of
$500,-
At
—
special
a
held
000 school bonds.,,
'
WISCONSIN
Election—At
Bond
to be held
$100,000
Oct. 10
on
be submitted for
,
an
construction
Oct.
1,
1948
as follows:- $35,000 from
1961, and $10,000 in 1962.
Bonds maturing from 1958 to 1962,
are
optional on Oct. 1, 1949, in
,
.,
bonds
numerical
authorized at
were
tion held
order.
$94,-
an
•
Aug. 19. Legality ap¬
proved by Myles P. Tallmadge, of
Denver.
CANADA
-■»
election
ALBERTA
issue of
an
Bonds
consideration.
A Valuable Book Free
chased
303
(Recent
Issue)
.
vital
data
on
SEND NOW for Folio
CFC-106
SECURITIES RESEARCH CORP.
141 Milk St.,
Boston 9, Mass.
DIVIDEND NOTICE
ELECTRIC BOAT COMPANY
Hamilton, Ont.
$993,000
Sold—It
is
stated
that
were
pur¬
on
Calgary, jointly, as 3s, and
33/4s, at a price of 99.75. Due on
Aug. 1, in 1948 to 1977. '
quarterly dividend of
fifty cents per share on the Cumulative
No Par Convertible Preferred Stock of
the Company, payable October 10, 1947,
record at the close of
business October 6,
Checks
Trust
N. Y.,
will
be
1947.
: >
mailed
by
Bankers
Co., 16 Wall St., New York 15,
Transfer Agent.
H. G. SMITH, Treasurer.
September 25,
,; 1
169.7
*176.7
129.6
127.8
*135.0
bonds
syndicate
composed
Securities
Toronto, at
of
about
goods
due
on
a
goods
.
143
134
department store sales, value-
*282
287
Department store stocks, value
t
230
1947.
To
averages.
iy2%
indexes
to
durable
by
.
second
value
bonds,
'
.
Greene, City Treasurer, will
ceive
sealed bids until 2
p.m.
Bond
figures,
of F.
W.
000
debentures,
lows :
.
divided
as
Xbentures.
X
Due
on
Nov.
1,
in
due
on
June 1, from 1958 to
incl. Interest J-D.
X
"
>
1957
y
XX
-y
$41,500 in 1948; $42,500 in
1949; $43,500 in 1950; $44,500
in 1951, and $45,500 in 1952.
Statistics.
Labor
of
.
Nov.
1,
Z'
v
7,
and
minerals
Book,
multiply
averages,
centered
Chart
convert indexes to
To
total
by
$410,269,000»
■■■
A''
■
V"*
100).
=
Aug.
Iron- and- steeL.——
Pig iron
181
t
:•••
ij,
—Seasonal Adjustment-1947-
Aug..
;;
184 v:
174
,
t
.
Aug.-
181
184.
V ,;
174
18S
206
198
196.
170
166
170
381
vX 456 X
254
V
■
X V
,196
■
-'■"l
194S
July
*187
V
186
.-
198 -v
206
■
.
Without
•'>
v
Aug.
July
•/>•
—
,i"i
y
?
1946
*187
-MANUFACTURES
V. '
*'
PRODUCTION
-1947-
170
hearth
Open
Transportation
$700,000
Town bonds were purchased by
the Midland Securities,
Ltd., of
London, Ont., Fairclough & Co.,
and
Anderson
&
Co., both of
Toronto, jointly, as 2V2s and 2%s,
at 100.31, a net interest cost of
2.679%. The bonds are due serially
?
Plate
'
Dated Nov.
3% school bonds
ly
at
99.10,;
a
was
basis
3.275%. The bonds
1, 1947.
are
of
about
Shoes
tion
bonds
sold
*143
133
140
/)/.-. 157
- W, 196
152
♦161
157
152
197
*206
196
204
■V/
>
124-
159
^
144
142
4
"151
-V;;•'.■■ 114
164
124
t
H-V22O;,V.
114
181
170
162
154
220
215
221
242
'
:
I
*220
163
i
•154
149
;
130
118
140,
240
V
267
263
240
173
-'Hi t VI
130
17X
120
4m t
98
110
101
?:X.X;
'
104
V
120
:
77 V
i< r
-:v
88
49
.
V
84
-
V
.>••*148
manufactured
fruits
78
127
97
133
V
165
164
141
130
131
*173
V *150
!
•3138
X
♦130
•178
125
155
*210-
f
*152
,
94
V
122
.X 162
: X ,162
255
169
91
;-//178'Vj:/
=
83
93
147
166
160
89
,
82-
v,
*148
coal
129
*141
134
123
131
123
;V / 120
113
111
*160
and
143
133
Printing and publishing—
Newsprint consumption
3357
.195
;
products..
Gasoline
Coke
■:MAA:.+:£
X
149
418
2..._
..
■':.•>
252
W:
t
369
Rubber products
-.
v
436
=
/;
*211
_______
X"
291
*435
chemicals.—;
209
360
248
*293
*435
221
•
254
150
307
*249
395
140
165
156
"
*293
Rayon
182
161
418
237
•
x
t
,' 159
307'
/
*253 ,;
♦160
165
156
X 195
V 157
182
.
161
Industrial
173.
x.347.1;•;3'- tVVX *151
•366.X
178
—
146
•
151
—
47
::-'VV t W
156
'V
h
73
88
:
Hvxtvv
*128
veg._
100
115
76
133
*160
foods-
and
99
vvxJxv V,
V V; t X
147 :
;
;
t
162:
124
:/
156
X' 142
-v
143
V:
*151
•
:
112
•
155"/
*157
•
X
70
r
97
Meatpacking
119
■
-X'"
t
,
100
;'•■:
leathers^;
lamb
242
263
;
t
kip leathers
Paperboard
Newsprint production
of $35,000
*229
•
.
;
X
118
t
leathers
hide
and
Petroleum
*i64
142
■0-
—
Other
215
221
,
t
Manufactured food products—
•,
Wheat flour
?
X
162» VX'150
267
Chemicals
recently
„
130
—
Beehive...^.
was
X
♦149
130
V
By-products
Boniface, Que.
150
*182
-
*150 "■!
y
126
;
Due serially from 1948 to
Sale—An issue
180
181
135
t
and
'•:Sheep
1957, incl.
Bond
ISO
121
*154
--
Goat and kid leathers
;
dated Sept.
3% water works and fire preven¬
172
134
*227
products
Calf
$54,000
sold recent¬
t
,
*220
\>
Sale—An issue of
182
159
*160
Tanning
Cattle
Girardville, Que. i
Bond
185
textiles
Processed
,
242
217
■vtV: •i'f
Rayon deliveries
1, 1947. Due in from
1 to 19 years.
254:
*184
,Vv-
.
151
,
Textiles and products—Cotton consumption—,—
||§®X
$23,000 3% semi-ann. construction
bonds were sold recently at par.
38 L:
268
■
Wool
Fortierville, Ste Phitomene School
,>-X'V Commission, Que.
Bonds Sold—It is reported that
•198
and glass products
Cement
..
QUEBEC
V
429
*271
*216
*130
Clay products—
Gypsum and plaster products
Abrasive and asbestos prod.
Oct. 1 from 1948 to 1967 incl.
HlHIHI
*140
*161
glass
242
V 172
*182
products
•
clay
Stone,
268
;.;/-185>V ,'382
f /
Furniture
Bond Sale—An issue of
-,••217 .V
*184
'
.
refining
and
Smelting
:'.V
'
-
Sonferrous metals and products
Lumber and
X
429..
'
*271
*216
equipment
J Automobiles
v170
166
456
Electric
Machinery
Lumber
*211
233
291
254
436
395
209
•
221.
at
MINERALS
:
.
1947. - Due from 1948 to 1987,
incl./ XX .- /;X-;•.\:'X""'V; ■, X ''f' ,J
1,
St. Paul—VErmite School
Commission, Que.
1947.
Interest
Bond Sale—An issue of $80,000
M-N, denominations $1,000 and
$500. Principal and interest pay¬ 3% interest school bonds was sold
The
able in Canada only. A certified recently at a price of par.
check for $10,000, payable to the bonds are dated Sept. 1, 1947. Due
serially from 1948 to. 1967 incl.
City, is required.
Dated
23ft >
•'t.
moving
>"
—Seasonal Variation—
Ingersoll, Ont.
$35,000 in 1958; $36,000
par.
Dated July 1, -1947.
Due
1959; $37,000 in 1960; $38,- serially from 1948 to 1967, incl.
V
; 000 in 1961; $39,500 in 1962;
St. Denis School Commission, Que.
XX
$40,500 in 1963; $41,500 in
Bond Sale—Ah issue of $45,000
1964; $42,500 in 1965; $43,500
•? in 1966, and $44,500 in 1967. ; 3% construction bonds was sold
224,500 school, fire hall, and old recently at a price of 100.50, a
basis of about 2.917%. Dated July
age home,- 2%% debentures.
:
Due Nov. 1 as follows: $42,- 1, 1947 and due serially from 1948
to 1967 inclusive.
000 in 1953; $43,500 in
1954;
Ste. Louise Parish, Que.
$45,000 in 1955; $46,500 in
Bond Sale—An issue of $30,000
1956, and $47,500 in 1957.
,
242-
^
multiply
by $184,137,000 and all other by $226,132,000;
Adjusted for
basis of 2.927%. The bonds are
St.
.
Chart Book,
Federal Reserve
in
shown
Reserve
.152.
three-month
on
(1935-39 average
Sale—An issue of $46,000
the Canadian Bank of
Commerce, of Toronto, at 100.897,
a
,xXX/-v /.■•: x;; xvvx
$398,000 school, fire hall, and old
age
homeX 3%
interest, de-
219
V.V
for 37 Eastern States.
INDUSTRIAL
•vXX/, 44■
chased by
on
fol¬
145
.
.
232 t / V
.
■';r't vVv
221 v-"
Federal
in
based
Dodge data
'
Oct. 30, for the purchase of
$840,^
316.1
140
-
f ^Employment index, without seasonal adjustment, and payrolls index compiled by
Bureau
3 % interest school bonds was pur¬
if
re¬
284.4
253.4
"
COLUMBIA
Westminster, British Columbia
Debenture Offering—Wilfred A.
"
129.7
350.6
•236
290
.
•••f
and minerals by
are
School Board,
Ontario
170.6
■
277.9
V ;
'
148 V
V
shown
indexes
contract
month,
residential
index,
total
in
nondurable by .469,
y. Construction
at
444444:4B4:} XvX Vi-x X X'. •
y'v
174.4
130.3
manufactures, nondurable manufactures,
durable
convert
points
.379,
Commerce, of
price of 99.67, a basis
Hamilton Separate
ri';:
141
:
tData not yet available.
May 1, in 1948 to 1952, in¬
clusive,;^.
V
313.9
t.
Freight carloadings
Corp.,
The
147.7
t
—
of
1.61%.
171
149.9/
♦153.4 V V
'■
Wood,
Gundy & Co., A. E. Ames & Co.,
all
of
Toronto, Royal Bank of
Canada,: of Montreal,; Bank of
Nova Scotia, of Halifax, and the
Bank
164
V 155
196
•!VC
Durable
by a
the Do¬
of
4
Total
Nondurable
purchased
were
170
138
t
3
\«
-
-
Paper and products
BRITISH
regular
of
"174.1
*133.0
—
Factory payrolls—
and hospi¬
sewer
217,500 school, fire hall, and old water works system bonds was
33 PINE STREET, NEW YORK 5, N. Y.
at par, over-theXX
age home, 3%% debentures. sold recently,
The Board of Directors has this day
Due on Nov.
1
as
follows: counter. The bonds are dated Jan.
stockholders
146.3
*175.7
goods
♦Preliminary.
.
to
Durable
Nondurable goods
Leather
Aug. 18 by McLeod,
Weir & Co., of Toronto,
and the Toole, Peet
Investments,
>
leading
listed stocks. Graphically por¬
trays
weekly
Price
Ranges,
Earnings and Dividends, Busi¬
ness
Index, Relative Group Ac¬
tion and other important data.
a
149.2
t
t
.
;V; •:V
NOTE—Production, carloadings, and department store sales indexes based on daily
Sale—The
minion
New
80-pg. Folio '
SECURITY CHARTS
Contains
tal
on
Young,
for Investors
declared
*151.8
Total
=
.
Raymond, Atta.
bonds will
Seymour School District, Wis.
Note Sale—An issue of $9,500
%
interest notes offered on
Bond
school, housing
elec¬
of
1
158
-V
t
employment—vxXXX..
Factory
1955,
These
on
$1,000,000 town bonds
,
158
157
170
t
t
-
■
other
All
•
on
to
District,
'••■X Wisconsin
V
1.43%. Dated Oct. 1, 1947. Due
%
School
Richmond
New
sewer
inverse
on Sept. 23 the
voters authorized an issue of $85,-
election
;
155
136
Total
Residential
ONTARIO
•
Canadian
Cheyenne, Wyo.
Bond
000
or
in 1952, $92,000 in 1953,
000 in 1954, $97,000 in
•
Construction contracts, value-
on
facilities bonds
was
$22,000 in 1956; $23,000 in 1957;
$24,000 in 1958 and 1959; $25,000 purchased recently by the Harris
Trust & Savings Bank, of Chicago,
in 1960; $26,000 in 1961 and 1962;
$27,000 in 1963; $28,000 in 1964 Bosworth, Sullivan & Co., of Den¬
and 1965, and $29,000 in 1966, all ver, and the Wyoming National
inclusive.
All bonds due on or Bank, of Casper, jointly, as iy2s,
at a price of 100.52, a basis of
after Nov. 1, 1954, shall be call¬
on
'
Sept. 30
,$17,000 in 1949 and 1950; $18,000
in 1951; $19,000 in 1952; $20,000
in 1953; $21,000 in 1954 and 1955;
able
1948,
in
1949, $85,000 in
$87,000 in 1951, $90,000
,
,
V;
in
$81,000
$83,000
1950,
■
Minerals
15, 1947. Interest M-S. Due seri
$100,000 in 1956, and $102,000
ally from March 15, 1948 to 1952,
yin 1-957.
inclusive. The second highest bid¬
Dated
Nov.
1,
1947. Interest
der was Harriman Ripley &
Co., M-N. Principal and interest pay¬
Inc., for 2s, at 100.588.
able in Canada only. A certified
check for $10,000 payable to the
Wisconsin Dells, Wis.
Bond Sale
The $51,000 park City Treasurer, is required.
and mature on Nov. 1 as follows:
'
follows:
as
dated Sept.
were purchased by Paine,
Webber, >; JacksonX &X Curtis, of
field house revenue bonds pur¬
Chicago.
The bonds are
dated
chased on Sept. 15 by a syndicate
April 1, 1947. Due on April 1, as
1headed by Walter, -Woody
&
follows: $6,000 from 1948 to 1952,
Heimerdinger, of Cincinnati, as 3s,
and $7,000 from 1953 to 1955, all
reported in our Sept. 22 issue (v.
tion with the sale of the $415,000
•
Durable
Nondurable
ment debentures. Due Nov. 1,
166, p. 1200—were
purchased by the Channer Secur¬
ities Co., of Chicago, as
13/4S, at a
price of 100.071, a basis of about
1.72%.
Total
—
West
Sale
bonds
22—v.
180
.
Manufactures—
,
Cabell County (P. O. Huntington),
Bond
construction
Sept.
Total
*155
117
*114
93
*161
...
144
*151
Fuels
160
*155
V;
156
*151
'
X/,
120
X 151
X107
V
*114
150
::
144
150
117
15S
'
Bituminous
coal—.
Anthracite
Crude
,
petroleum
•
Metals
Iron
:
ore
•;!
series
<
f:
—
'i.
—
tData not yet available.
♦Preliminary.
§Thls
118
v"y3:V t '
——
is
currently
based
.
■.
*161
during
the
month
120
160
;:v 151
4
/ :
vX t
XX,.-: t
i.v'yy
.
v
132
X
282
-A}-];:
■■
man-hour statistics for plants classified lr»
upon
connection
in
X
:
153
the automobile and automobile parts Industries and is designed to
activity
93
with
assembly
of
measure
passenger
productive
trucks,
cars,
trailers, and buses; production of bodies, parts and accessories, Including replacement
'
parts; and output of nonautomotive products made in the plants covered.
FREIGHT
.
■
%
Coal.
Grain
■
V
*
Miscellaneous
Merchandise,
v
-
>
—
l.c.l—
{Revised.
NOTE—To
—
;
convert
*;'/:v:
146
184
131
177
175
87
-115
152
4
X 165
!'.. X.177
%'
•'■
202
142
'
H 107
157
160
153
165
190
149
194
143
162
145
284
311
243
150
145
146
71
.77
73
71
77
»
152
X119
;
i
87
•
'
113
;
/'
coal and miscellaneous indexqs. to points
Chart Book,
:
,
.
152
;
>'
1
Reserve
170
168
"
73
products—
in Federal
:
;
92
152
>
—
100)
=
115
■
134
162
—
Ore——
.
146
—
-
...
—
Livestock
Forest
,(1935-39 average
:
,
—
Coke.,
CARLOADINGS
in total index,
showrj>
multiply coal by .213 and miscellaneous by .548.
I
@FedFRASER