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BUS.

ABM,

LIBRARY

12

SEP

1949

MONDAY

'I

:*SE" -T1

Reg. U. a Pat. Office

Volume

New

Number 4837

170

Price 75 Cents

York, N. Y., Monday, September 12, 1949

General Corporation and Investment
RAILROAD

PUBLIC UTILITY

-

$

,i* j

Profit from
Other

-

Total
Int.

Provision
Provision

foreign

for

of

Amortization

Balance

taxes

income

income

financing expenses

carried

Profit per

earned

to

surplus

Dividends

Aluminium

on

Limited

no

par

shares declared

value

share, against $3,349,845, or 90 cents per share in
of

ers

Los

___

the first six months

record Aug.

8,

s

nounced
'

Sept. 7.
will

funds

The

primarily

used

for

Exchange

Toronto

Stock Exchange—Curb Section..

development

the

of

the

••

Coast Service—
A

corporation

interchange

'

Sept.

1

the

by

Aeronautics

■

■

change of

out

-

date a year be¬
represented by loans made during the
compared with $35,318,333 for the same
Capital and surplus totaled $18,328,822, compared with
business,

$47,615,181,

before.
latest six-month period, American Investment was

year

a

the

of

of this com¬
Agricultural Imple¬
end a strike called
,by the UAW at the company's main plant in Brooklyn, N. Y., on
May 2, Morehead Patterson, Chairman of the Beard, announced on
Sept. 7.
V : •'
....
•"
has

agreement

the

pany

and

ment

•

Workers

reached

been

Automobile

United

America

of

(CIO)

between

management

Aircraft and
bringing to an

Auction Sales

"These

■

•

.'

.

the

this

Power

by

increase

of

kwh.,

V.

p.

170,

-

,

.

Mr.

Patterson

about 29 cents an hour in
cents an hour."—V. 170,
;; V
■, ...

25

*

'

■

•.

Light Co.—Weekly Input—

ended

week

Sept. 1, 1949, the system inputs of subsidiaries
amounted to 249,833,000 kwh., an increase of 24,11.03%, over the corresponding week of last year.—

company

829,000

;

&

demands,"

non-wage

cost

our

wage

.

! V •
American

For
of

44
44

contract,

wage

increased

general

782.

P.

44

demands.

have

the

to

new

immediate

an

"would

addition

.

Federal Reserve System

for

economic

said,

44

the

Patterson said

minor

Statement of Member Banks of

Condition

,

which runs until Dec. 31, 1950,
increase of six cen^s an hour plus
a
three cents an hour wage boost effective Jan. 1, 1950.
The
union
had
originally demanded a 25 cents an hour general
wage
increase, full payment by the company of all insurance and
hospitalization premiums,
expanded pension
plan,
paid sick leave,
severance
pay,
two additional holidays, longer vacations and other
Mr.

provides

43

Reserve Banks

airlines jointly announced they will provide three round trips
including one between Miami and Los Angeles, one between
and San Francisco
and a
third between Atlanta and Los

The

daily,

was

American Machine & Foundry Co.—Strike Ends—
An

Investment News._Cover
50

Foreign Exchange Rates
:
Combined Condition Statement of Federal

-

speeds

planes.

receivable

volume of

Total

-

months,

At the end

Redemption Calls and Sinking Fund Notices__44
Dividends Declared and Payable.
_..__44

an

travel between the two areas and eliminates
connections. Passengers will be able to board a plane of either carrier
at any of the scheduled stops on the route and fly to any other with¬
agreement

The

an

notes

operating 166 offices in 135 cities situated in 18 States.—V. 169, p. 2746.

;'f

The Course of Bank Clearings

flights
of

"The recently completed integration ot the'

1949, after American's acquis.t.on of over 96%
exchange of stock.
at June 30 totaled 857,862.056, up $16,-

April 30,

on

$11,658,520

.33,,

:

■;

General Corporation &

when

DC-6
terms

Civil
■></■'.

■■

■

...

inaugurated Sept. 25

Inc. will begin
cities under

coast

west

approved

agreement

Board.

,

will be

Lines,

Air

and

Atlanta

Co.

period in 1948.

State and City Bond Offerings.

service

air

Delta

and

Miami,

between

<<-

t

s

coast-to-coast

new

this

six

33

_

''
;\v'
Miscellaneous Features

;\V ':

Inaugurate New Coast-to-

American Airlines, Inc.—To

fore.

__24

National Quotation Industrial Stock Averages

;«•

-

(Dow-Jones)

is

•

approximately 45% in the first half of 1949 over
1948 is due largely to acquisition of the Ohio
not the result of expans:on of the loan volume of

41

Transactions New York Curb Exchange
Stock and Bond Averages

$0.85

further announced:

030,858 from the $41,831,198 outstanding at the same

......42

—

and

Co.

Instalment

Transactions New York Stock Exchange______24

This system, invented by Henry Booth, President
of Amalgamated Textiles, was developed in conjunction with Eastman
Kodak Co. for the clothing industry in taking precision measurements
of the human form.
It has, however, applications in many other fields.
The system has already been adopted by some of the leading clothing
retailers.

Markets

Over-the-counter

in

ownership through

39

Exchange

Stock

PhotoMetric system.

manufacturers and

.....

of

company," he said.

ment

38
.38

Exchange

Curb

Toronto

-

be

Stock

Montreal

1,066,268

$1.07

companies' organizations and assets should permit economies and
form the basis for sound future growth."
/
The assets of Ohio Finance Co. were purchased by American Invest¬

37

Stock Exchange

Francisco

San

Montreal

Privately—
A $1,000,000 10-year 4Y4% serial note, due Sept. 1, 1959,
has been placed with one of the leading life insurance
companies by Auchincloss, Parker & Redpath, it was an¬
Amalgamated Textiles, Ltd.—Notes Placed

.

$1,016,499

1,092,134

$1.38

two

36

....

__

share was payable Sept. 3, to hold¬
1949.—V. 169, p. 1557.

$1,289,490

1,188,756

Barues, President,

period

same

either

.35
35
36
36

Exchange

1948

$1,860,693

outstanding..

increase

Finance

35

Philadelphia-Baltimore Stock Exchange
Pittsburgh Stock Exchange
St. Louis Stock Exchange

and

the

34
34

Exchange

Angeles Stock

"The

/■

1947

1949

after charges and taxes.

shares

Donald L.

34

Detroit Stock Exchange

A dividend of 50 cents per

1948.

Exchange.

Stock

Common

used

funds will providelending facilities.

FIRST HALF OF YEAR

FOR

Earnings per common share

24
29

Exchange
:
Chicago Stock Exchange
Cincinnati Stock Exchange
Cleveland

Net profit

13

(Stocks)

Boston Stock

amounted to $3,722,050, or $1 per

paid in the first sin months of 1949
of

New York Curb

13,153,071
$3.54

$3.47

payable

trustee under the

the sale of these debentures will be

proceeds from

CONSOLIDATED RESULTS

Stock Exchange (Bonds)

13,627,216
389,505
84,640

12,908,301

;

share

Stock Exchange

New York

91,087

378,073
36,832

the

6 Months Ended June 30—

Page

•

New York

7,109,889
2,706,353

13,323,206

pfd. shares of subsidiary cos
in profit of Saguenay Power Co., Ltd.

;/.•

61,802

v

2,911,234
91,215

taxes

on

int.

Profit

year-

—

Dividends
Min.

1

:—

Canadian

for

within

matur.

not

interest

While

Stock and Bond Quotations

'

25,638,869
2,042,522

25,917,070
2,060,045
87,040
7,444,330

-

indebtedness

on

Other

Interest
as

immediately to retire current bank notes, these
additional capacity for increasing the company's

24,768,983
869,886

24,855,737
1,061,333

operations

income

is

MISCELLANEOUS

-

indenture.

This Issue

In

100,052,683 100,691,173
& admin, exps.—
75,196,946
75,922,190

gen.

Copy

News

1959, when the final $1,000,000 becomes due.
semi-annually on March 1 and September 1.
The Old Colony Trust Co. of Boston will act

1948

1949

Sales

sales, incl. seil.,

INSURANCE

-

Subs.)—Earnings—

Aluminium Ltd. (&

Six Months Ended June 30—

tost of

INDUSTRIAL

-

a

or

878.

Atlanta

fastest

present

from

hours

have

effect

long

southeast

the

from

the

have

Delta

and

travel

giving

of

the

Assistant Vice-President and General Sales Manager
Airlines, Inc., said.
.
,
'
' '
' f

can

V

route
lines

Both

?

CAB's

for

170,

P.

is

a

getting

a

781.

,

,•/

•Cost of

Electric Co.—Registers With SEC—

Gas $

company

with the SEC
an

offer will expire

The offering

the

which

number

such

the

for

shares

price is to be determined by competitive bidding, under
will invite proposals for the purchase of such
shares as are not subscribed for by stockholders plus
(not in excess of 49,808)
of additional shares as may

purchased' by the company in connection with stabilizing activities,
may be undertaken by the company.

Proceeds

stock

the

of

sale

will

be

added

to

general

funds

of the

time, be used to purchase additional
amounts
subsidiaries of the company and for
ether corporate purposes.
Such additional investments in subsidiaries
will enable those companies to meet part of the estimated costs of
their construction programs. It is expected that approximately $20,000,000
will be applied in 1949 to the purchase of additional shares of
common stock of Appalachian Electric Company.
and will, from time to
of equity securities of

company

The

for

To

21/?
in

ending

years

this

cost,
1950

an

and

securities by certain
The

balance

programs of the
company's subsidiaries
with lycl is estimated to be $178,360,000.
additional $18,000,000 of equity financing by
the issuance and sale of $60,000,000 of senior

construction

of

cost

the

meet

American

I

of

the

subsidiaries in 1950 and
required

funds would

1951 is contemplated.

be provided

from internal

sources.-

Provision

'I

on

Big Board—

admitted to dealings on the
New York Exchange on Sept. 1,
1949, this issue was removed from
unlisted trading on the New York Curb Exchange.—V. 170, p. 878.
>
-

other

and

income

(net)—

15,102,570

18,946,858

654,407

$1,169,606
599,145

other charges

$794,018

The

$10 par

common

stock having been




,

$38,000,000

1.

of nearly 10%
of the total issue
Initially, the debentures are con¬
payable by surrender of $100 of debentures
and payment of $30 in cash for each share of stock to be issued upon
conversion.
On and after June 20, 1951, they will be convertible by
the surrender of $100 of debentures and payment of $40 in cash.—
V. 170, p. 878.
■....■j-V.-.vi-"'
'■
■
•
'
amounted

vertible at

to

$394,372,900.

$130 per share,

$570,461

Drl5,092

21,794

$778,925

.....

for

...

Federal

$592,255

315,000

income taxes

profit

Dividends

declared

Dividends

on

common

per

common

L—
stock—

252,500

share

Earnings

on

preferred

$463,925
166,140

—

stock

.

' V

American
On

Sept.

Viscose

16,

stock will be

a

Corp.—Partial

of

total

drawn

4,301

on

171,967

$0.51

$0.29

hand at June 30,

1949 and

1948.

30,

shares

for redemption
p.

on

of

Nov.

Redemption—
5%

1,

preferred

cumulative

1949 at $115

per

share,

878.

$339,755

292,725

....

•Including write-downs of inventories

American Writing Paper Corp.—Earnings—
Gross

sales,

Cost of

less

1947

1949

1948

$4,620,725
4,386,271
246,872

$5,938,226
5,650,386
308,999

•$12,419

•$21,159

6 Mos. Ended June 30—

etc

returns,

—

goods sold—;

—_

Selling, admin, and gen. exps.——■

$7,260,639'
6,176,534
396,818

NOTE—The

provision charged to operations for depreciation on prop¬
during the year ended June 30, 1949
and $169,622 during the year ended June 30, 1948.
erties in

use

amounted to $195,796

believes that all of the balance of the inventory
reserve
provided in previous years will not be needed, $200,000 has
been transferred to the surplus account.
This $200,000 plus the profit
comnany

now

operations, or a total of $663,925, has been added
the surplus account.
After the payment of preferred dividends, the

of

$463,925

to

Operating
Other

income

income

Total

Inactive

added

common

equal

share

the

$687,287

4,738

property expenses

7,411

16,798

•$7,681

(net)

income

•$13,748

$704,084

22,329

(net)—

3,271

-

'

"•V

from

amount

income

Prov.

for

Fed.

Prov.

lor

special reserves—

taxes

on

—

19,822

.

260,019

r

15,000

50,615

•$32,020

$373,628

stock.

Net

book

The

to

on

June

value

The company
stock

in

the

on

30,

of the

was

to

85

cents

per

on

June 30, 1949 was $5,579,369, compared with
1948.
The current asset ratio was 6.5 to 1.
stock was $10.31 per share.

Net

r_

•$30,010

income

.•Loss.—V.

169,

p.

2094.

common

purchased 1,640 shares of its 6% cumulative preferred
market at a total cost of $77,175.
After these
were 54,550 shares of this class of stock outstanding.

open

purchases there
—V.

surplus

working capital

$5,796,076

170, p. 101.

.

,

"■

,

'

"

.

.

:

St. Louis Listed and Unlisted Securities

American Investment Co. of Illinois—Sells Debentures

Privately—The company Sept. 2 announced the sale of

$5,000,000 of subordinated 4% sinking fund debentures
due Sept. 1, 1.959 to two insurance companies. This sale,
closed on Sept. 1, 1949, brings company's total subordi¬
nated debentures outstanding to $8,000,000.
Mutual
Life Insurance Co. of
Boston purchased
$3,000,000 of
the debentures and Provident Mutual Life Insurance
Co. of Philadelphia, Pa., purchased the remaining $2,000,000.
Terms of the issue call for redemotion of $500,000 of the debentures
New

Listed

»<

—

expenses-

administrative

;

As the

-h.'7

Oct. 24.

which

(

before

income

June

close of

new

company

498,081

the

*be

/

.

Total

additional

business Oct. 7, 1949, will be
at the rate of one share
each
nine
shares
then held, plus additional shares, subject
allotment, not purchased by other stockholders.
The subscription
subscribe

to

at the

of record

Stockholders

entitled

—

conversion

the

represents

which

plus accrued dividends.—V. 170,

Sept. 7 filed a registration statement
proposing an offering to its common stockholders of
498,081 shares of common stock ($10 par).
The

of

This

1948

'

.

registration Aug. 12, 1949.—V. 169, p. 2525.

American

;

sales.

Profit

Other

Net

to

period which began Sept.

company)
1949
;•

;

,

$16,550,995 $20,116,464

general and

Selling,

Cladmetals Co.—Deregistration—

Co.

Approximately $38,000,000 of company's 3 Ve% convertible debentures
1959 were converted Into some 380,000 chares of the company's
stock during the first two business days of the * conversion

the

from

for

\

leather

of

sale

newly ap¬

1,000,000 common shares (par $1) offered under registration
statement (No. 7247)
which became effective Nov. 6, 1947, 661,248
shares were sold at $1.50 per share and 338,752 shares were removed
Of

(Including its wholly-owned subsidiary
Years Ended June 30—
Net

the

Telegraph

&

capital

$1,448,425

time

service

of

American Hide & Leather Co.—Earnings—.

of Ameri-

announcement and

record

of

American

*

the

into operation."
presently use DC-6s.—V.

start

scheduled

proved

between

interval

25-day

"The

Telephone

3y8% Debentures Converted—

operated coordinated schedules to
to the west, but the new service
public one carrier service," C. R.

Speers,

•/

American

the
two

today's

"American

expedite
will

flights will cut an hour and 20 minutes from
schedule from Atlanta to Los Angeles and nearly
best Los Angeles-Miami time.

The new

Angeles.

on

England

Sept.

1, 1951, and a like amount each year

thereafter to Sept. 1,

Edward D.Jones & Co.
Established

300 North 4th

1871

St., St. Louis 2, Missouri

Members
New York Stock

Exchange

Phone

Exchange

Stock

St.

Louis

Chicago Stock Exch.
Chicago Bd. of Trade
New York Curb Exchange Associate

CEntral

Bell
SL

7600

Teletype
593

2

creased

American Zinc, Lead & Smelting Co.—Earnings—
(Including wholly-owned subsidiary companies)

into

12 Mos. '49

3 Mos. '48

3 Mos. '49

Period Ended June 30—

Net

sales
$3,474,451 $11,147,696 $36,277,586
products sold before deprec.
and depletion —Y——Y.—■7,392,555
10,288,601
33,630,587
—

-

Cost of

Gross

Other

profit

—-Y $1,081,896

$859,095

$2,646,999

14,512

20,976

223,731

YY;Y-.:.$1,096,408

$889,071

$2,870,730

177,581
17,014
150,000
206,900

698,413
69,531
454,591
223,120

sales

on

income

.

(net)

Total income

■-

Admin.,

selling

Interest

expense,

and other

Net

—

Y—Y-_YY

profit

"Earnings per
"After prior

requirements,—V. 169, p. 2310.

Co., Inc.—August Sales Drop—

Angerman

1949—7 Mos,—1948
$5,029,922
$5,072,501

1949—Month—1948
$782,276

$736,525

—

170, p.

$1,425,075
$1.61

$337,576
$0,38

$560,573
$0,71

share

common

preferred dividend

Period End. Aug. 31—
Sales

,—V.

195,207
18,768'
135,000
186,860

exps

net—,
Y:
Depreciation and depletion
Federal income taxes (est.)

4Y«%

to

from 4%.

stock

common

the

of

$1,000

plan

The interest rate would remain at 4%.

turity.

YYYrY%

hand

Y,

'

a

year,

of

maturity in 1951.

'

•

-

,

;

"

-

and

000,000

A. P. W. Products Co.,
Net

sales

Cost

of

———

sales

Provision

Selling,

before

for

and gen.

exps.—

2,372,469
65,745
267,151

2,959,873

1,915,947
68,969
299,423

depreciation—

depreciation——

admin,

June 26,'48 June 29,'47
$3,686,052
$2,937,493

July 2,'49
$2,185,667

dividends

No

Inc.—Earnings—

68,125
326,820

be paid

the

on

preferred

company's

or

road

has

into

stocfk

common

convertible

outstanding

present

at

callable

and

60

and $4,792,000

"$98,671
Or1,639

$331,234
8,125

$232,128
1,970

*$100,310

Operating profit

$339,359

41,551

$234,099
50,501

4,458

4,038

——

jMiscellaneous earnings

<net)_

'

Total

income

Interest

on

funded

Interest

on

notes

Approp.

to reserve for Inventories—

for

Prov.

Net

.

profit

Common

and

Federal

acceptances.

income

taxes

each

non-

To

outstanding—.,
common share

per

_

.

refunding mortgage bonds.
The road, statd Mr. Hutchins,
has had full cooperation of the RFC in framing its plan, and has ten¬
tative assurance of assent to the plan from that agency.
Under the
by

$98,561
233,753
$0.42

"Loss.

holders

Mr.

therefor.—V.

Ry.

2094.

tax

Ry.

Arkansas Louisiana Gas Co.—Bank Loan—

pany's

the

of

704,906
11,017

680,843
119,753

5,764,729
1,611,549

1949-1S50 construction program.

$7,138
44,999

$1,900,783

Br9,767

36,780

initial

$9,500,000

of

*

*$58,281
1,051

bearing 2 %% interest and maturing three years from the date of
the supplemental loan agreement.
There is now outstanding under
the original Loan Agreement $12,500,000 of 2 V!» %notes payable to
the bank.—V, 170, p. 782.
;
1Y :Y.YY

$52,137
Dr387

,

Associated

Telephone

Co.

Telegraph

&

—

Debentures

Placed Privately—The First Boston Corp. and W. C. Pitfield & Co., Inc., have placed privately an issue of $9,500,000 15-year 3%% debentures, due Aug. 1, 1964, it was

*$57,230

$1,843,433
18,567

Associates Investment Co. (& Subs.)—Earnings—
6 Months Ended June 30—

1948

1949

.

Discounts, interest and other income—;

$14,204,608 $11,715,068

Operating

Y 9,568,587

expenses

—

.

Provision for Federal income taxes

consolidated

1,800,000

$2,756,041

Income from financing operations—.—
Dividends received from non-finance subsidiaries

not

7,649,140

1,880,000

$2,265,928

The
of

to

&

60,000

-

$3,296,041
916,596

$2,325,928

Net income of company and

•Based

on

all subsidiaries..

have

to

company

$1,862,000
339,068

$5,275

approved

$1,522,932

$1,624,253

made

change

effective

Corp.,
Sept. 6.

on

to

proposal

a

Queen

Speed

$3,086,190

$4.04

$2.96

1,041,824 shares outstanding.

The company and its wholly-owned finance subsidiaries during- the
Six months ended June 30, 1949 acquired a gross volume of receivables

aggregating $300,140,072, compared
period of the previous year.

with

$298,484,707

in

the

same

lien wholesale loans decreased 2.1%.
Approximately 75% of the whole¬
sale loans
outstanding were with new automobile dealers.
The

unearned

discount

at

June

30,

1949

amounted

to

$11,899,471,

compared with $10,444,145 as of June 30,

1948. yYYYA/YY- YY';Y
The net premiums written by the Emmco Insurance Co, and its subthe 1949 Perlod amounted to

$7,921,705, as compared with
$6,878,177 for the first six months of 1948. and the unearned premiums
increased from $8,185,969 at June
30, 4948 to $10,476,924 at the end
of. the current period.
The consolidated gain for the period, after
provision for taxes and all
reserves, amounted to $1,238,834
as com¬
pared with $675,688 for the first six months of 1948.—V.
170,' p. 686.

Atlanta & West Point RR.—Earnings—
July—

1949

Gross from

railway....
railway^—

Net from

Net ry. oper.

i948

$324,412.

:

Barnsdall

1946

'

Oct.

the

$358,680

49,024

62,194

1,219

6,282

9,159

33,951

-

From Jan. 1—

Gross from railway-—
Net

from

Net ry.

2,323,069

2,657,447

261,492

485,000

257,052

158 817

*7,631

111,651

*38,904

67,789

railway..

oper.

income—

•Deficit.—V.

170, p.

2,297,075 * 2,247,782

486.

I.

Y

"

Atlas Corp.—Ogden
Corp. to Be Merged With Barnsdall
Corp. See latter below.

Sells Control of Franklin, Simon &
Co., Inc.—See City
Stores Co. below.—V.
170, p. 782.

Bangor & Aroostook RR.—-Announces Plan for Debt

Readjustment—
*

sj^ort,ly a?ply t0 the ICC for authority

voiuntary debt readjustment plan under the Mahaffie

c.aT„h® pla"'

heen. approved, by directors,

tS*!?!' S
trust 4% bonds,

1,

1951,

to propose

Act.

involves the out-

bonds and collateral
»

-,tht Pr°Puosed Plan. Curtis M. Hutchins, President,
hale been discussed with larger holders of the
reaction to the proposal has been entirely

hmui?'

,

favorable "
Under

both

AreftJn?mR mortgage 4%
due July

the

?® JeJelf
tended 25

plan,

the

consolidated

refunding, mortgage bonds would
Their maturity would be ex¬

d firsfc mort8a$e bonds.

years

to July

1,

1976.




and the interest rale

Ohio,

included.—V.

not

was

170,

p.

102.

Ry.—Earnings—

1948

1947

Agreement
in

278,354

income

*51,479

149,144

64,745

179,757

5,360,042

6,103,789

5,386,220

5,613,956

2,465,636

2,517,258

2,388,822

2,808,937

863,598

1,208,066

1,240,780

1,175,787

railway—

railway—
income.__

170, p. 486.

Co.—Earnings—
July 31—

shrs.

1947

1948

1949

officers

and

of

Barnsdall

between

to be

for

their

known
the

as

1946

$17,387,968 $18,216,348 $17,120,169 $18,107,696
924,587
663,390
1,155,838
1,799,571

—

600,000

600,000

$1.54

$3.00

taxes.

depreciation and

cash

position, including government securities, totaled $5,870,782
July 31, 1949, as compared with $4,260,333 on the same date a
ago.—V. 169, p. 1663.

year

shares

35,000

in

Planned—To

to

and

Co.

Barnsdall

as

Ogden

the

Corp.

Oil Co.

with

the

will

stock

to

is

used

be

directors

statements for
are in course

merger

preparation.

class

new

a

its

construction

$3,522,000

used

be

Public

program

for

and sell
funds to
the years

its

$15

a

competitive bidding.
shares of 6%

at

Proceeds
preferred
premium, the balance

12,942

per

share

preferred will be made subject to the
stockholders of Blackstone and to
holders of the 6%
preferred. As owner of
Eastern Utilities Associates, Boston, will waive

of

the

of

the

rights
offer

of the

99.17%

at

construction.

offering

exchange

an

time

any

sale

for

outstanding

the

retire

at

for

offered

be

to

to

callable

stock,

new

common

the

to

common,

right to subscribe for the new preferied and the exchange offer will
on a
share for share basis, subject to dividends adjustments,

be

made

plus
the

cash

a

Blackstone equal to the difference
the 6%
preferred and the public
167, p. 1466.

by

payment

redemption

price

of

between
offering

price of the new preferred.—V.

Blaw-Knox

been

from

same

Proxy

vote

has

resulting

company

Barnsdall Oil Co.
on
the proposed

present

meetings

Oil

merger;

ol

part,

Sell Pfd.—

SEC authorization to issue
of preferred stock to provide

.1949-1951.

* •

Place

requested

has

company

finance,

according

1,

,.

Co.—Consolidation

principle

merger

1946

$668,178

$1.93

The

name

Privately With Prudential Insurance Co. and With
Banks—Floyd B. Odium, Chairman of this company and
President of Atlas Corp. of which Ogden Corp. is a sub¬
sidiary, and William Dewey Loucks, President of Barns¬
dall
Oil
Co., made the following announcement on
Sept. 2:
reached

purchased

600,000

The

Loan

proposal

stock
of

of

would

be

to-

that

is

Barnsdall
stock

common

Oil

of

the

holder

will

Co.

the

each

of

have

the

share

one

right

to

of

receive

The

company

rolling
order

Co.—Completes Austrian Contract—
Sept.

on

completed

$

Austrian

$1,000,000

a

order

for

machinery, the last shipment leaving on that date.
The
by the Austrian firm, Osterreichische Metallwerke

mill

placed

was

Aktiengesellshaft. It covered the design and manufacture of
rolling mills and auxiliary equipment.—V. 170, p. 783.

from

the

Ogden
new

lar

will

value

to

convert
said

of

will

holders

of

rated

they

stated

thus

of

received

of

share

four cold

$55

resulting
stock

common

share,

a

the

into

with

Bowser, Inc. .(& Subs.)—Earnings—

.

limited

into

a

of

Cost

Admin.,
Other

be

issued

as

equivalent
result

a

of

in
Y

receive

stock,

to

the $20,000,000 will be pro

stock

common

for

the

excess

on

taxes

stock

Co.,

of

Ogden Corp.,

will

unless

of

owner

take

it

about

of

80%

and of 637,250

common

stock

only

the

shares

"Loss.

its

holdings

in

the

necessary for it to convert into preferred stock
for part of its holding in order to
give the merged company a total
of $20,000,000 par value of preferred stock
outstanding at conclusion
of the merger, in which event it will elect to convert into preferred
in

25%

of

merger.

no

event

the

In

its

of

be

holdings

required
stock

common

effect

to

to

take

that

it

this

preferred

would

provided

result,

352,426

*$290,292

$1,418,757

138,500

t292,980

539,712

income-——

on

income

on

due

net income

+On

Cr91,626

—

profits

of

of Canadian

*$565,774

*$491,646

certain subsidiaries operating
subsidiary.—V. 170, p. 2.

at

$879,045
a

profit,

1949

1948

1947

$146,277

$132,857

$119,826

-

9,930

9,628

8,476

(est.)—

7,488

6,527

5,396

—

$128,858

$116,702

$105,954

104,344

104,344

83,475

securities

from

Expenses
Accrued

*.

Federal income tax

(

Atlas

other

words, all holders except Atlas Corp. shall have
the right to get either preferred stock or common stock or
part pre¬
ferred stock and part common stock
provided they cannot take more
than $20,000,000 par value of
preferred stock in the aggregate. Atlas
Corp.

2,961,686

292,623

Six Months Ended June 30—
Income

for more than
receive in
the

stock

otherwise

2,764,288

228,704

Boston Personal Property Trust—Earnings—

merger,

becomes

sufficient

2,153,703

outstanding

of

shares of stock of Barnsdall Oil

for

11,265,339

income)

carry-back

Consolidated

the

above.

Corp.,

expense

other

taxes

of

tOn profits
Atlas

(less

income

refund

aggregate par value, and
if
companies elect to convert into

present

service

and

7,685.724

*$527,274

sales

Estimated

the

$20,000,000

of

preferred

6,013,062

——

expense

Net

Est.

to

1947

$7,368,195 $10,452,344 $15,998,209

_

sales

of

1948

1949

6 Months Ended June 30—

Net sales

simi¬

stock.

preferred

stock

to

of

will

share

one

twentieth

one

stock

stock

$20,000,000

and

basis

each

cumulative

limited

be

of

preferred

common

than

more

the

5%

of

of

a

the right to receive a fraction of a share of
to be determined between a maximum of one

yet

minimum

a

amount

merger

holder

have

stock

and

right

par

The

The

merger.

Corp.

common

common

one

merged company with

the right for
period of time following the merger to convert such share
par value of 5%
cumulative preferred stock of said company

rfhall

$352,449
41,618

$321,313

44,130

income...

Oil

1

210,549

preemptive

stock

1947

Sept.

Co.'s business and plant name, including its
Sandusky and Carey, Ohio. The latter's dairy

SI.11

.

eighteenth

The receivables outstanding at June 30, 1949 amounted to $208,120,692,. compared with $176>345,920 at the same date last year. The motor
lien retail instalment notes
outstanding increased 37,3% and the motor

as

that this company on

1

Sept.

600,000

2462.

p.

ioliowing

Dairy

profit

The

167,

1,500,000

cutstdg..

$1,949,187
324,934

is engaged in producing and distributing domestic
washing machines, ironing machines and certain other laundry equip¬
ment. The washing machines are sold under the trade name of "Speed
Queen."~V.

changing

on

760,262

$4,212,637

share.....

per

10

$588,877

sales

"After

company

The

•Earnings

Oct.

271,724

oper.

Common

Seelig Mfg. Co.—To Change Name—

announcement

an

The

stockholders

Consol. net income credited to earned surplus
Undistrib. inc. of non-finance subsids. not consol.

vote

486,

p.

stockholders

this

the

540,000

^

will

23

750,000 shares, par $25 to

shares to be issued in exchange'for
shares outstanding.
common stockholders', proportionate vot¬

$699,528

from

•Net

Y 7,108

announced

Sept. 7. Proceeds will be used to refund out¬
standing 5%%: debentures at 102V2 which have been,
called for payment Nov. 1. See V. 170, p. 878.

from

Blackstone Valley Gas & Electric Co.—To
Barlow

approxi¬

reserves.—

169,441

Best &

on

170,

gas

$581,818

6 Mcs. End.

$1,942,079

$51,750.
46,475

49,588

*$106,818

"Deficit.—V.

roughly

and

reserves

Earnings per com. share

income

Net

has

company

gas

1,605,572

for

charges
charges.—

Fixed

the

new

common

Upper

"Deficit.—V.

Net

(net)

available

proved

Sept.

stock

railway

oper.

ry.

$1,951,846

Dr57,350

"$95,061

fixed

borrowings will be evidenced by promissory
notes of Arkansas Louisiana
bearing interest at 2%%
per annum
payable semi-annually and maturing three years after date of issue.
The additional $3,500,000 of borrowings may be obtained at any time
within 12 months and are to be evidenced by a new note or notes
The

Income

that

of

railway.—

from

5,983,220

(net)

income

Other

borrowings will be used to finance in part the com¬

ry.

Net

$9,540,638

$3,500,000 as may be needed.
Proceeds

from

Net

income—

and

From Jan. 1—

$9,277,061

income

oper.

the company has ap¬
proved reserves of oil, condensates
another
approximately 34,000,000

1949

from

Gross

1949—7 Mos.—1948

$807,739

accruals..

ry.

in

Net

company

Net

record

two

on

&

in
Tiffin,

Net

$620,862

expenses——

income

Milk

stores

Gross

STATEMENT

EARNINGS

1949—Month—1948

revenues

oper.

Rent

has received SEC authorization to enter into a sup¬
plemental loan agreement with Guaranty Trust Co. of New York under
which it proposes to borrow $9,500,000,
plus additional amounts up

of
approximately 539,000,75,000,000,000 cubic feet listed
reserves.
Y
yY' yY;
:
"

gas

Beaumont Sour Lake & Western

Operating income—
oper.

a

estimates that

feet

July—

condition of the railroad security market."

general

Period End, July 31—

Ry.

and

Texas,

that

COMPARATIVE

oper.

Dallas,

condensates, natural gaso¬
1949. This firm gives the

preferred and
each
preferred
share will have two
votes
split-up, as- against one vote as at present.

stcck

Pure

store

respective classes.

declared

the

from Jan. 1, 1949 through

DeGolver

reserves

and

reserves,

of

511,792

preserve

dairy

of its outstanding bonds at maturity.
It has become evident,
he added, "that no refundnig bonds could be sold to meet the maturing

Ry.

p.

the

of

merger

Y'"Y

of

Expansion in Ohio—

refunding bonds,
plan binding on

75%
of the
the proposed

of

of

approval

liquids,

common

It is announced

.

payment

applicable to $293,000 principal amount of 25-year 6%
convertible
notes, assented; nor for Federal income taxes since no liability exists
169,

make

gas

cubic

$12.50,

strength,

the

despite exhaustive studies ^over the past
two years, with aid of bankers, investment counselors and others, the
road had net been able to evolve a feasible plan that would permit

July 2, 1949, there was a net loss of $146,320 after all charges inciuding
$68,969 depreciation and $42,829 c:ue to markdown of
Inventories.
No provision has been
made for the $3,985 non-cumulative interest

to

in

Hutchins

holders

by

approval

would

debt, due to

NOTE—For the first six accounting periods

The

Act,

classes,

stockholders

common

of

Mahaffie

engineers

approximately
additional

management

indicated

of

par
of the

ing

other

81,000

$149,046
234,035
$0.64

"$146,320
234,035
Nil

—

—

shares

Earnings

51,476
3,423
29,914
Y—105,500

debt

own

gasoline

the authorized

outstanding are $3,600,000 collateral trust 4% bonds, all held
by Reconstruction Finance Corp. and secured by pledge of twice that
amount

with

possible

178,000,000 barrels of

shares,

non-callable.

and

to

Beatrice Foods Co.—Plans Two-for-One Stock Split-Up

Also

'

feet

or

700,000,000,000

The

are

proved

company

natural

about

$8,665,000

110

at

in

-

firm

mately 55,000,000,000 cubic feet of additional indicated
V. 170, p. 686.

of consolidated
refunding mortgage bonds, of which $3,873,000 are stamped convertible
at

petroleum

appraisal

*

the

prior

retirement, using
otherwise be held on

on

■;1';

,

time

for

would

stock

Y »'
from

to

date 141,668,233 barrels of proved oil, condensate
gasoline liquids reserves and an additional approximately
classified as probable or possible.
Said firm also

cubic

barrels

if there were unpaid accumulations on any sinking fund.

The

of

above.

obtained

independent

Barnsdali's
and

could

stock

common

retirement
to

has

stock

that

puropse

ruling is obtained

time

from

barrels

proximately

cumulative.

Jan. 1 to—

for

Co.

,

first $150,000 of net income each year.
To
contingent $150,000 from net income in excess
Both amounts are contingent on earnings, but

a

Oil

probable

as

the

each year.

this

referred

as

natural

41,302,000
gives the

sinking

gage bonds would be
this would be added

available

favorable

a

outstanding

own

for

unless

intends

company as of that

xi.

fund for the redesignated first mortgage bonds pro¬
vides for payment of 25%
of all net income in excess of $800,000, so
long as any of the collateral trust bonds remain outstanding.
After
retirement of the collateral trusts, the sinking fund for the first mort¬
The

and"

MacNaughton,

$150,000
plus a cumulative contingent sinking fund of $150,000 a year
net income in
excess
of $650,000 for the previous calendar
This sinking fund Is calculated to retire the bonds by their

year.

its

funds

Co.

report as to the company's reserves of oil,
line liquids and gas reserves as of
July 1,

collateral

out

Barnsdall

acquire

the

Earnsdall

;For the

sinking funds are to be proposed as part of the plan.
trust bonds there would be a fixed sinking fund of

New

of

proceedings

effect, such payment, in effect, being
sinking fund instalments for 1950 and

new

to

merger
some

not be effected

may

present

,

into

goes

proposed

this-point.

The

anticipation
1951.
The
maturity of the remaining bonds would be extended ten years to July
1, 1961.
The bonds would be callable for the sinking fund at par and
for all other purposes at 103%, decreasing 0.375%
each year to ma¬
the

merger

on

par

,.

of

Monday, September 12, 1949

the

The bonds all would be made convertible
railroad on the basis of 20 shares of stock

value of bonds.
They would be callable at face
value for sinking fund purposes and for other purposes at 104, de¬
creasing 0,25% annually to par.
Cf the collateral trust bonds, $600,000 would be paid at par after
each

for

cf $650,000

686.

FINANCIAL CHRONICLE

COMMERCIAL &

THE

(978)

take common stock only, but
if all other holders have
through conversion to take less than $20,000,000 par value
of preferred
stock, Atlas Corp. will agree to convert so as to take
preferred stock instead of common stock,
within limits,
to make
up to a total of $20,000,000 par value of preferred stock of merged
company to be outstanding.

income

"Net

Dividends
"Before

$1,631
—V.

in

168,

paid
net

from

profit

loss

and

1948

sales cf securities of $7,322 in 1949 and
sale of securities of $53,793 in 1947.

on

1578.

p.

..

V

will

elected

To

provide funds for

oil

and

development and
adequate funds
hand for the payment in cash of the appraised value of any stock
the holder of which elects to have it
appraised in merger proceedings,
a
loan of $40,000,000 has been negotiated with the Prudential In¬
surance
Co.
of America and a group of
banks composed of The
First National Bank of- the
City of New York, The Chase National
Bank of the City, of New
York, Manufacturers Trust Co., The First
National Bank of Chicago, The First National Bank & Trust Co.,
Tulsa, Okla., and National Bank of Tulsa. This loan is to run for 13
years with $3,000,000 fixed prepayment each year prior to maturity.

for

general

corporate

purposes

as

exploration

have

as

to

(Incl.

on

The

maturities

and

the

The

for

the

first

5

remaining $25,000,000

are to be
Prudential.

years

by

taken by

the banks

new

stock

and

of

Statuo*

Application

to

the merger will

the

'*

qualify

as a

per

sales

that

to

33,977,482

p.

879.

for

for

Inventories
a

1946

$311,002
$0.89

and

state

on

income

the
as

quarter

$4,920,315 and for the fiscal year
with $6,414,027 and $23,915,005 a year

were

compared

ago.

-a<sb.

Revenue

1947

$1,341,296
$4.88

outstanding

requirements

$23,188,296

ruling

r»nir*r»#>n+;

Internal

also

$2,008,100
$7.47

year.

Net
were

tax free reorganization will be made and

of

holders, will

present

on

dividend

including Federal

their

said

$4.48

share

com.

subsidiaries)
1948

1949

$1,223,455

—

$2.50 par value common stock and
preferred stock,
tAfter all charges
taxes.
NOTES—The quarter ending on June 30, 1949 shows a net loss of
$4,808 before preferred dividends after absorbing price reductions of
approximately $475,000 during this period, and compares to a net
income
of
$326,174 after preferred dividends in the same quarter
"Based

after

have

course

■yrHh

Bureau

profit

"Earns,

merger

preferred

wholly-owned

Years Ended June 30—

tNet

last

proceeding in effect gives Barnsdall and Ogden stock¬
holders the right to take either, new common stock or, within limits,

Power Co., Inc.—Merger—See Po¬
Co. below.—V. 155, p. 1828.

(E. L.) Bruce Co.—Earnings—

and

well

gas

Braddock Light &
tomac Electric Power

on

on

June

June

30,

30,

1949

1948

amounted to $2,964,342 as compared
a reduction of $1,013,140.—V. 170,

or

THE

Number 4837

170

Volume

llncl.

wholly

companies)*

subsidiary

owned

$617,398

Total

expenses

net

Deferred

(Cri

crediti
Provision

of

Net income

,

Dividends
Dividends

on

class

A

common

stock

Dividends

on

class B

common

—V.

p.

2747.

,

,

.

505,974

.

l'I

income

170.

$80,288

111,693

Net Income •

12,001

"Includes

tax

savings from

.

169,

p.

Inc.—Places Note

Bullocks,

Privately—The company,

Pacific

operating department and specialty stores on the

Oper.

Proceeds of the financing will be used in part
to refund bank borrowings and the- balance will be avail¬
able for general corporate purposes.—V. 165, p. 1995.

authorized

Other

income

Gross

;

—V.

Bank

Co.,

Trust

&

York,

New

The

Agent—

Power Co.—Paying

Oregon

169,

Old

until

been

Y., has

N.

ap¬

2100

^Earnings
"After
shares

with

of

common

at

the

as

to

exceed

107V2

exhaust

to

interest.

and

based

and

177,330

»

amounted

Stock.—V.

$123,355,

to

169,

2.041%.

ACCOUNT
1949—12 Mos.—1948

272,691

4,078,375

income—

$413,553

$341,306

$5,855,911

1,728

1,833

19,751

$4,181,884
36,616

Net

oper.

Income

Gross

of

date

on

of

at

payment

residents

1

$343,139

$5,875,662

$.4,218,500

155,233

126,748

1,781,195

1,506,299

deducts.
•

—

to residents in the franc
all

in

Residents

zone

on

countries

other

Net

^

i

.

.

Cost

sold-,and admin,

charge

taxes^-curr.

yr._

income

Net

-

1

Crl32,000

436,500

Net income

.

tBased

loss.

"Net

Nil

share

common

shares outstanding.

430,000

on

NOTE—Loss for the three months ended June

of

income

dividends

or

convertible

showed
common stock,

on

the

that

out

net

a

after,
fi¬

company's

The

the

corporation

minal
acetic

acid

corporation,

The

material

its

at

producer

a
major
Chemical

plant

acetic acid, manufactures
Bishop, Tex^s. starting with

of

near

170,

p.

880.

Gross

from

Net

ry.

railway

$2,803,592

142,610

—

income

oper.

Net

from

329,707

189,375

115,144

•"36,461

Net

oper.

ry.

22,047,232

18,621,363

"Deficit.—V.

170,

p.

and

1,272,891

1,298,993

94,041

1,089,790

Int.
U.

1948

9,154,101
9,154,101

fund

Canada

16,602

Gross

618,801

164,000

applicable to com. stock and surplus
Earnings per common share, (560,000 shares)

164,000

p.

Franklin Simon
Joseph Klingcnstein.

Simon,

stores,

of

Filth Ave.,

located, on
Garden

in

are

City,

L. I., East Orange,

ry.

to

$3,141,935

$5,425,037

offices:

res.

Cleveland Electric Illuminating Co.
"

•OTB:

135

S.

and

Financial

Selbert,
La

On. account

Chronicle

President;

Salle

St.,

$1,233,800

■' $2.09

$2.20

v

(Reg.

William

Chicago

3.

Qfj the fluctuations in




(& Subs.)—Earns.
1949

12 Months Ended June 30—

"Operating

expenses

;

.

income

Net

income

.t

shares

Common

—

-

——-

outstanding

Federal

$8,515,545
338,752'

$8,854,297

$8,371,707
2,789,476

income

1,552,380

$7,301,917.
2,324.564

$2.59

$2.65

3,775,775

3,818,000

Earnings per ccmmon share—
"Including

i".'

$9,640,289

1,268,582

—

a

—

1948

401,156

deductions

etc.,

Interest,

'

$9,239,133

Not operating revenues
Non-operating revenues

Gross

,

$32,803,946 $56,557,847
53,564,813 48,042,302

Operating revenues

214,967

54,906

58,842
2,179,225

—V.

share——

2,226,664

.

$3,186,968

taxes

$1,897,141
$3,186,968
$L14 •
$1.94

$2,917,123

300,000

six months ended June

from

from

2416.

Development

company

Aug.

29,

Operating

551,006

768,041
280,118

449,889
183,320

its

production

D.

111.

the

U.

S.

Riggs,

Patent

Business

(Telephone

rates

of

exchange,

-1948

12 MOS. *49

$774,296
590,213

$569,126

$1,526,456

525,123

1,178,580

$184,083

$144,004

8,020

ii

income

$2,176,964;:':
349,812
231,652

•Gross
Income

income

3,260

12,859

$192,104
$192,104

$147,263

$360,735

$347,877,

—

———

44,421

28,441

80,954

$147,633

deductions, (net)—

$118,822

$279,782

,

Net

18,152,432

19,647,690

17,055,001

15,076,487

4,190,833

5,147,429
1,943,847

3,192,042

income

U

917,468

"576,342

Fed.

&. State

inc.

taxes—

46,950

38,034

98,883

$100,733

$80,788

$180,898

1.419,561

1,357,382

Frov.

for

Balance
-V

170, p. 881.

HO.

to
p,

surplus.
3.

William
1

remittance

weeks

1946

Manager.

0613);

the four

,

railway

railway

Net ry. -oper. income—

Office)

State

for

1949—6 Mos.

,

revenue—electric
Operating expenses" and gen. taxes.

Other
•

that

Operating

$1.96.—V. 169, p. 2416.

1947

Co., Ltd.—Production—

1949

Period Ended June 30—

30, 1947 before

$2,461,271

announces

Colorado Central Power Co.—Earnings-

*$1.78

1948

179,144

p.

amounted to 369,375 barrels, compared with,:
494,988 barrels for the five weeks ended Aug. 1, 1949, and 364,883
barrels for the four weeks ended June 27, 1949.—V. 170, p. 688.

$3,217,123

-

$2,877,047

Income—

The

ended

$2,500,773

railway

oper.

169,

Colon

62,781

1,298,177

conting.;

for

railway

"Deficit.—V.

Dana

Washington,

*

$5,506,568

108,290

-

to earned surplus,

common

From Jan. 1—

Net

2415.

Commercial

William

N. J., apd Green-,

It also operates stores in Bridgeport, Conn.,

Conn.

Oswald

Hatch,

New York City, has three

NY, REctor 2-9570.
Herbert D. Seibert,
B. Dana Company, Publishers, 25 Park Place, New Yurk 8, advertising issue)
with a statistical issue
Published twice a week [every .Thursday (general news & Smith. " Copyright 1949 by William B, Dana
and
Edwards
Drapers' Gardens, London, E. C., England, c/o
Subscriptions in United States, U. S. Possessions, Territories
as
second-class matter February 25, 1942, at the post office at New York, N. Y.. under the Act of March 3,
1879.
American Union, $35.00 per year; in Dominion of Canada,
$38.00 per year.
Other Countries. $42.00 per year.

The

the Franklin Simon.?

Boyd

L.

C., Atlanta, Ga., and Cleveland, Q. Franklin Simon will open a new
store in Newton, Mass., a suburb of Boston, next spring.
The City
Stores group operates de partmcnt and specialty stores
in, 17 eastern and southern cities.—V. 169, p. 2748.

$5,291,600

1949

from

from

Gross

$1,170,405

—

IG'9,

,

and Executive Vice--

President

D.

18,246,427

$5,266,142
158,895.

$1,897,141

per

Net

$1,397,800'

requirements.

Balance

(est.)

income

Net

-r-V.

wich,

Chicago Great Western Ry.—Earnings-—

$2,016,600

694,441

(net).

dividend

branch

About

20,526,159

providing for contingency reserve were

$1,334,405
stock

Levin,

C.

Leo

Hutton & Co., will continue on

E.

and

Franklin

manu¬

16,450,315

debentures.

inc. taxes

July—

Preferred

and

Denny

directors

Johnston

L.

$1,999,999

-

.

(net).

deductions

'

'

'V';!..-;.-

Howard

Retiring

.

-

"Earnings per share for the

8,304,787

Dr7,870

and taxes...

$2,028,846
Income

Knox, director of City Stores and President of R. H.
Mass., and Alfred Blasband, City Stores director
and Treasurer of Bankers Securities Corp., Phil¬

B.

board.

supply with an existing

$3,250,226

sinking

and

Earnings

$11,190,816 $10,304,785

$2,036,716
income

—

-

(net)—

Balance, trans,

1949

'12 Months Ended June 30—

Other

$19,806,689.

Boston,

partner o£ W.

adminis¬

income

on

S.

Net

491.

Operating- revenues
expenses

J.

12,330.

"386,910

Central Illinois Electric & Gas Co.- -Earnings-

Operating

was

officials will be elected directors of- Franklin
meeting of that company. The new director/*,
J.« Schwartz,
President and
director of City

President, respectively, of Franklin Simon; and Joseph A. W. IngleliarV

1949
1948
1947
$19,592,250 $25,-792,301 $23,538,028

expenses?——

profit

Appropriation
£

,

company,

Vice-President

adelphia.

converted

general

income

Other

18.573,614

2,995,446

income.—

year

Herbert

John

.

sales of his

year's

Franklin Simon, will now reach about
ending Jan. 31, 1950.
Last year, Franklin.

board

next

include:

and

that the full

with

volume

Stores,

the

store,

the

sales

City.

:•

167,433

20,290,541
1,781,934

railway

total

at

White

are

goods sold, selling,

ol

Total

railway.—

from

gas

of City Stores, said
character of Franklin
'
1

Board

the

of

unchanged,

combination

.

natural

the

—

Operating

352,514

From Jan. 1—
Gross

;

.

sales

tration

$2,589,826

$3,057,277

will

$6,064;638"

1946

1947

1948

"84,704

railway

from

Net

Earnings—

1949
$2,558,152

Three

6 Months Ended June 30—

Net

Cost

Georgia Ry.-

of

Central
July—

-

remain

the

Simon's

1,717,404

Certain-teed Products Corp. (& Subs.)—Earnings^—
.

markets.—V.

world

to

service

affected

munities

petroleum natural gases as a raw material s and utilizing the latest
petrochemical techniques. From there it is shipped by rail to Rock
Hill and other points over the United States, and by rail and steam¬
ship

$7,782,042

1,812,228

link

undisclosed amount Atlas Corp.'s
Simon & Co., Inc.
The
of 161,986.

Franklin

in

delivered

gas,

their

have

of glacial
and dilute acetic acid to consumers
within
an
approximate 200 mile radius from Rock Hill. Deliveries,
are
scheduled to start Oct. 1.
the

16,831.

772,959

.

Board

through W. E. Hutton & Co., consisted
Simon's outstanding 219,000 shares.

Greenfield: estimated

$8,302,445

through this line from the Utica plant, will
to natural
gas.
The principal com¬
Oneida, Canastota and Sherrill.
The plan will provide more manufactured gas fcr Utica by relieving'
the
manufactured
plant there of the production
required for the
Oneida-Sherrill area.
The substitution of natural gas for oil will
also increase the capacity of the Utica plants and will result in sub¬
stantial savings in operating costs, Haley stated.—V. 170, p. 300.

factured

6 announced the completion of new ter¬
Hill, S. C.', for tank truck distribution of
the Southern textile area. This service offers

Rock

throughout

Mi*.

through

$6,490,217

Vice-Prc-ident,
Mr. Colbert's*
to 21 members.—V. 170,

a

as

the

Greenfield, Chairman

would

1,406

$3,719,148

stockholdings

Franklin

of

3,342

which extends from Syracuse to Utica.
The natural gas will
delivered
through this line to the company.'s gas manufacturing

be

"1,448.923-.

the corporation,
director increases

common

Albert M.

$7,785,384

7

also

541 563^

354,485

the store management as well as the policies and

$8,319,276

plant at Utica where it will replace oil as an enriching agent.
3,500 customers between Syracuse and Utica now served with

America—New Terminal Facilities—

delivery

overnight

of
a

shares
7,

pipeline

Sept.

on

at

facilities

will

line

new

2,446,415

"70,515

on
Sept. 2, announced the election of
of the Dodge Division, as a Vice-President*
corporation,'and the election of George W. Troost,'

arranged

$4,492,107

$3,486,501

Syracuse-Oswego. area.

is sound. At mid-year the working capital was $2,increase of $507,368 over June 30, 1948, and $1,402,496
mid-1947 total.—V.- 170, p. 194.

an

Celanese Corp. of
The

pointed

1949, was $287,130,

30,

company

position

192,044,

"

the

1948

28 cents per share
preferred stock.

President

Wallichs,

E.

Glenn
nancial

over

$136,901,
on

of

quarter

second

the

in

whereas

2,228.194

President,
the

purchase,

petitioned the FPC for approval of a planthat will enable the company to supply 4,100,000 cubic feet of natural
gas per day to its Utica Division and will expand the present natural^
gas service in the company's Syracuse-Oswego Division.
John L. Haley, President, announced that the company proposes to/
build
a
high-pressure pipeline from the terminus of a natural gas
line 16 miles south of Syracuse to provide a second source of delivery
from that point to the city.
The new supply line will make additional
natural gas available to meet increasing customer requirements in the

Nil

891,534
"1,039,383

This company has purchased for. an

Stores;

$18,881

■

89,424^'

14,739,287*

President

of

as

1,039,411

corporation Sept.

"34,843

17,137,232

City Stores Co.—Acquires Voting Control of Franklin

*

To Expand Natural Gas Service—

7 275''

209,776

18,571,170

170, p. 492.

Keller,

20,128

—

314,592

Simon & Co., Inc.—

Simon

804,540;

$2,219,368

287,319

784.

p.

19 222

$725,489
$1.60

"$246,717

——

per

V.

Colbert,

$4*525,912

deductions

Income

$2,458,346

548,479

114,731

railwayi.___>_
income

director

election

1949—12 Mos.—1948

$4,493,513

$4,546,040

income

Gross

,

$2,886,447

17,035,638

income—

$210,000,000. for

1,944.100
18,040

than

1946

1947

1948

1949'
$2,553,067
230,287

railway

Comptroller

Corp.—Earnings—

1949—6 Mos.—1948

(net Dr)__

Other income

4,889,530

less

not
;

1

•

,

oper.

Ts

L,

and

1947

The

tEarnings

from

Simon

3,750,440
1,765,862
999

cost

to

Chrysler Corp.—Two New Vice-Presidents—
L.

4 944 966*

expenses.

estimated

$0.97

$20,703,060 $22,242,860 $41,156,551 $41,762,504
16,157,020
17,749,347
32,837,275
33,977,120

taxes

&

expenses

.

"Deficit.

$1,907,808

$1.66

....

Period End. June 30—

Oper.

$6,794,884'

i—
inc.

Fed

for

Prov.

$3,230,119

$0.08

.

$3,013,659

i

-

gen.

Income

$149,368

$0.10

Operating revenues

■

$5,138,584

——

goods

of

Selling,

$193,025

share—

com.

Operating income

1943

1949

were

170,. p; 881..

railway

open/

majority,

returns

discounts,

allowances

and

per

Central New York Power

Capitol Records, Inc. (& Subs.)—Earnings—

coaches,

passenger

railway—-—..

from

Net- ry.

President, announced on Sept. 6 th& appoint¬
ment of Alvy
G. Schaum as Vice-President. Mr. Schaum comes to
this company
from the Fidelity-Philadelphia Trust Co., with whom,
he
has
been associated
for
the
past
23
years
in the real estate
department, where he has had supervision of the construction mort¬
gage loan division.
.
In his new post he will act as counsellor to builders in matters of
finance, and mortgaging.

cou¬

2s

as

cost of.
received at the
interest

net

a

From Jan. 1—

Net

804,393

Edward L. McConnell,

England, through their own

Six Months Ended June 30—

-

$2,712,201-

$4,094,467
804,348

Central Mortgage Co., Philadelphia-—New Vice-Pres.—

bona fide residents

payment.—V. 168, p. 147.

less

67,023

—V. 170, p. ,687.

also announced that, in pursuance of its guarantee
obligations, it will pay on Sept. 9, 1949 to the holders oi the par¬
ticipating preference shares of the Mexican Eagle Oil Co., Ltd., on
coupon No.
45. the sum of 32 Mexican cents per share in full satis¬
faction and discharge of the fixed dividend for 1948. Payment will be
made in London in sterling at the rate of exchange on the date of

sales,

$216,391

67,023

requirmts.

Balance for .com. stk._*

company

Gross

$260,048

income

div.

Earns.-

'

The

ry.

:

K.

production of declaration AAX.
must forward ordinary share

Midland Bank, Limited, London,

pons to
bankers.

from

date of payment.

beneficial owners who are

to

20

from

Net

'

or in Canadian dollars to beneficial owners who
Canada, and/on by Lazards Paris in French francs

of

99.034,

Chicago St. Paul Minneapolis & Omaha Ry.- -Earnings

Net

$415,281

—

other

and

Pfd.

United States,

the

are

of

bid

a

certificates

the

for

July-r> v:

Gross

Ordinary

tion

on

were:

and'

Gross
•

share coupons will be paid upon presentation and verifica¬
the Bank of Toronto in U. S. dollars at the rate of exchange

yield

2.30%, according to maturity.
awarded

3,314,585

Int.

of exchange on

April 1, 1950 to Oct. 1, 1961 inclusive.
Philadelphia plan the certificates were

bids

Four

$4,738,800.—V.

>

sales rates

and
l7/8%

Halsey, Stuart & Co. Inc., 99.6575; Lee Higginson
Salomon Bros. & Hutzler, 99.464; Harris, Hall ' Co.
■>
'/
H:rV/'
"■■■
I
certificates will be issued to provide for 500 gondola freight

The
cars

11,572,314

11,153,350

935,080

333,804

(net)

-

Inc.

awarded Sept. 8 $3,552,000

were

99.599;
(Inc.), 99.452.

$1,549,077 $21,092,636 $19,068,783

Non-oper. income (net)_

Canadian Eagle Oil Co., Ltd.—Dividends—
The company on Sept. 6 announced that on and after Sept. 9, 1949
It will pay dividends of 23.88 cents (Canadian currency) per share on
the participating, preference shares against coupon No.
18 and IOV2
pence per share on the ordinary shares against coupon No. 17.
Participating preference shares coupons will be paid upon presenta¬
tion and verification at the Bank of Toronto, Toronto, Canada, at the

1,267,043

Co.,

Ripley

Offered—Harriman

was

These

Corp.,

,

2748.

p.

issue

The

'

munic.

taxes ——.uf.

Net income for the full calendar year
or
64 cents per share on the common

9,187.786>

170, p. 492.

from 1.10% to

*

and

88,389,899?

13,618,313
3,894,888

4,363,119*

reoffered, subject to ICC authorization, at prices to

of

1949—Month—1948

$0.85

with the same periods of last year are
inaugurated this year the policy of issuing

company

on

1,010,160

State

97,607,110

13,790,923

Issued under the

$67,893, at prices not
accepted bonds will cease

sum

INCOME

$1,757,517

the

on

the

Interest

Operating expenses

Fed.,

108,858,464

3,209,452
"4,335,533

Chicago Rock Island & Pacific RR.—Equipment Trust

sale.

Period End. July 31—

97,640,914

income—'

oper.

semi-annually

1849,-

23,

2,495,782:
1,345,573

railway—

Lehman Brothers

$466,630

trustee, 45 Milk St., Boston, Mass., will,
1949 receive tenders for the sale to it of
mortgage series M 3Vs%
bonds due Sept. 1,
1972,

Operating revenues

$0.45

-

$83,900

earnings statements.

quarterly
1948

share

comparisons

NOTE—No

•

Co.,

sufficent

amount

486,481

Equipment Trust Certificates series F, maturing $148,000

$155,552

$82,297

i.——

dividend requirements,
stock outstanding.

preferred

available

153,009

1987.

Trust
Sept. 20,

general

an

6 Months

3 Months

1949—

30,

adjustments——

common

per

108,892

29,401

1,930,276

1,436,998

$728,531

23,855

$211,636

and

Colony

and

to

Camden Forge Co.—Earnings—
-

$137,156

80,410

Maine Power Co.—Tenders—

noon

iirst

Sept.

income

ry:

3,428,330

550,761

•

'

railwayl

from

from

Net

34,148.

73.540
taxes

surplus

pp.

Central

New

Period Ended June

Net

2,650

$365,586
(neti

COMPARATIVE

>

Net

authorized but

of

shares

eliminate the 25,000
stock.—V. 170, p. 486.

to

$4.30'

1,732,598

income

oper-.

Certificates

"p. 686.
:

Gross

28,039

income
deductions

Balance

York paying agent, registrar and exchange agent for
$7,000,000 first mortgage 2%%' bonds, series due Aug. 1, 1979.—V. 170,

pointed

$694,383

I

Federal and State income

Aug. 16 approved a proposal to increase the
stock from 300,000 shares par $1 each, to 600,000

preference

Chemical

The

-

$134,506

ry.

From Jan. 1—

on

common

California

Net

1,345,531

taxes

$1,009,023

1949
1948
1947
1946
$14,721,992 $17,220,589 $14,577,188 $14,047,840

railway

railway——

"Deficit.—V.

Co.—Capitalization Increased—

shares, par $8 each.
They also voted to
unissued

: 668,629

from

$2,039,914

687,851

Operating income

Income

stockholders

$822,357

from

Net

12 Mos. '49

*

Sept. 1!.

The

Sub.)

$337,547
*$337,547

and gen.

Gross

-Earns.

$1,006,176

-----

expenses

rev.

(&

1949—6 Mos.—1948

Operating revenues

Coast, has placed directly a $10,000,000 15-year 3% note
with New York Life Insurance Co., it was announced

(F.) Burkart Mfg.

Electric Co., Inc.

Period Ended June 30—

1948

$810,899
$3.45

Chicago & North Western Ry.—Earnings—
July—

Central Louisiana

1947

1949

$311,950
$1.33

taxes

share
2207.

per

consolidated returns of

filing of

$512,676 in 1S49 and $371,346 in 1948.—V. 169, p. 2415.

_

.

after charges and

profit

—V.

$658,463"

$930,292

Federal

He will

road.

Chicago Mill & Lumber Co.—Earnings—
Net

* 103,293

:

881.

p.

Earnings

7,329
16,384

President of this

as

6 Months Ended June 30—

$761,760

$1,041,988

Income deductions

7,500
19,888

stock

169,

Gross

Aug;- 31- retired

on

$255,786

623,568

(net)——

51,400

17,000

cumulative preferred stock-

6%

income

Budd

up the management of Chicago's elevated, subway and surface
transit
system
in
the
Chicago
Transit
Authority headquarters.—•
V.

"Other

16,069

.

$95,336.

--

.

on

5,756
58,000

taxes

income

$418,420

Ralph
take

4,839,628*

Utility operating income.

tax

_

__

Federal

for

(before

offices

new

4,752,029

400,321

„■

—_

losses

1948-

$5,095,414

$515,941

469,818

income

'

:

$5,170,449

1943

1949

6 Months Ended June 30—
Total

1949

12 Months Ended June 30—

'-•".'•*0

■

Chicago Burlington & Quincy RR.—President Retires

Central Indiana Gas Co.—Earnings-

Budget Finance Plan, Hollywood, Calif.—Earnings-

3

(979)

CHRONICLE

FINANCIAL

&

COMMERCIAL

for foreign suoscripuons

and advertisements must be made in New

York funds.

Editor and Publisher;
on MonaayJ.
Other
Company.
Reentered

and Members 0fc Pan-

,

(9801

4

Colorado

Southern

&

Net

from

from

Net

ry.

1947

1946

$967,404

$880,232

11,211

187,728

134,032

Common

shares

69,190

•41,282

53,092

83,853

Earnings

per

railway
income—

oper.

'■ V"

Net

Net

ry.

,•

income.—

oper.

^Deficit,.—V.

7,595,991
1,253,858

6,490,035
821,580

5,961,725
619,856

314,464

58,053

97,847

421,324

ties

Net
Net

1949

1948

1947

Gross

from

Net

from

Net

ry.

—V.

$200,854

$150,304

$119,460

The

59,597

30,940

17,291

be

carried
the

1,528,232

1,098,653

of

699,134

581,219

668,646

448,082

406,263

208,172

152,016

records,

&

Subsidiaries)

July 3, '48

wtih

the

etc.- $37,205,940 $34,763,526
Oper. exps. and cost of goods sold—
24,399,524
22,735,074
Selling, general and admin. exps._—
8,947,507
7,979,098

$38,208,724

The
inc.

Frov. for

fr.

sale

of

facils.,

depreciation and amortiz-

615,478

receive

Wilde,

give

to

size.

present

and

between

add

to

this

that

Balance

$3,243,431

Miscellaneous

income

$3,538,934
184,303

$3,199,391

$3,723,237

1,490,000

1,435,000

the

Wilde

rate

be

stated

of

that

for

Federal

taxes

taxes

and

the

Net

income

•Earnings

for

•Calculated

standing.

cents

and

depend

anticipated that

the

on

increased

share.

per

the

that

He

amount

of

the

1947

net

shares

of

$2.50

t$2,919,507
$1.70

value

par

from

that

$983,246, or $0.57 per
These net income figures

compare with $2,381,683, or $1.38 per
broadcasting operations and $319,033, or $0.48 per share,
from record manufacturing operations
during the 1946 period.—V. 169,
p. 2416.

operating

Other

Sales

Total

Cost

Balance

Operating

(net)

1,520,000

$5,352,767
1,600,000

197,509

243,227

$3,618,092

_

$4,313,814

$5,335,601

income

income

14,035,830
2,611,374

$3,222,261
2,113,340

Belling, administrative and general expense.

•Other

Balance

year

and

Total

income

Minority interest

(est.)_

———

iNet income
dividends

—

...

1,612,218
—

Capital shares outstanding—.
Earnings per share—.———

$1,466,429 in

1949

and

$1,260,779 in

1948.

for the six months ended June 30,
equal to $2 per capital share.-—V. 169, P. 2416.

$3,231,259,

Commonwealth &

'*/' The,"weekly kilowatt hour output of' electric
Of

this

corporation

adjusted

territory'served for the
371,534

J948,

as

week

with

compared

increase

an

of

show

to

ended,Sept.

4,497,343

busipess

1, 1949,

for

of

energy

general

321,874,191

the

subsidiaries

conditions

amounted

corresponding

to

of

326,-

week

in

1.40%.

or

also

1949

selling

and

and

other

amortization

$3,472,093

3,547,746

3,252,707

expenses

144,525

Hearing Set

Dissolution—

on

"The Third Circuit Court

-

.

for

the

conditions

.;jThe

stay

court

be

from

also

will

continued

the

consider

until

decision

of

the

Chief

then

the

Appellate
Justice

further

Court

Paul

Leahy

-

pany's amended plan last July.
^" A',
some
'!

the

of

1948

$272,607

438,547

$542,937

surplus—

with

kwh.

the

for

corresponding

;

after income

810;

preceding

year,

(less

Period Ended June 30—

Operating

£•■

/

income

and

62,030,87$
51,347,948

taxes.,

(net)

10,682,928
71,22.)

—

Federal

taxes

$26,703;

ether

income

Gross

10,754,157

—*

fixtures

iric.

Net

10,294,745

share—3,274,031 shsv„

per

$3.14

and

and

receivable,

income,

assets,

doubtful

royalties,

approving

the

com¬

after

The

New

Sept.

for

request

of

.'

The

special

City,

dissolution

Warrants.—V.

13.

the

York

counsel

plan

is

court

makes

,

for

no

in

the

until

recess

made

was

by

$12,686; due from officers and.
machinery, equipment, fur¬

of

$904,492),
and

total,

; .•■;

/•'

stock

H',\v' :

■

u

>

•

purchase

■

income

taxes,

$378,698;

notes

shares),

Dr$195,813;

total,

$8,813,086.—V.

Coty

S.

A.

(France)

921,216

Provision for

Operating
Other

doubtful

and

$1,688,174

1,531,863

1,464,034
.......

v

Operating

Net from

income"''—.

mdse.

&

Balance

.

i

J

Interest

and

etc.

Other

JVV.

on

$7,229,908
6,117,647

$1,112,261'

77,242

161,854

$301,382

97,453

$1,274,115

stk.

$225,491

114,318

Johnson's

$2,629,676 $19,713,485 $20,886,382

$354,241,
standing.

is

in

Muskegon,

Mich.,

(net)—

1,043,485

21,440
1,708

bonds,

office

and

public

$6,439,010
5,605,583

several

relations agency

Continental

Motors,

whose

341,981

-Cr4.989

457,272

458,202

169, p. 1988.

advertising
Co.

and

an

advertis¬

accounts

Detroit

1949—3 Mos.—1948

"

:

income—

oper.

•Costs,

taxes,

leases

j Congoleum-Nairn
six

Months

Ended

(net)
Cost of goods

oper.

$ i;.

76,552,422

and:./,

expenses
&

632

$368 966

—

selling and

ad-

18,600,922

Other

from

23,164,157

4S9

under

qri

7

operations..

v'.

income

—

Net income
—

Dividends paid
Common shares

Earnings

per

169, p.

-L

Z.

oi

common

2641.

•'*"

share..!.
*•'

i-"'




—

'-1

16,756,719.
282,329

.

87,116

Other

—

income

income
sale

on

(net)
of

assets—

$3,462,401

'income

Net

1949—6 Mos.- -1948

■■

.v.

■.

Net

1,537,435

l,537,43i»

per

V$

1

4 1'<■'

^

$2,182,401

$3,250,577

932,270

932,271

$2,554,340
621,500
1,243,000

1,243,000
$1.75

1,243,000

,

1

"

$2.61

$2.05

applicable

16,051,320

francs

in

to

6bares

parent

1948

and

1947,
out-

company

11,944,759

Italian

of

Co., Atlantic

series

at

Highlands, N» J,

outstanding

first

due

A,

1952, have
and interest.

102 V2

The

Pennsylvania Co.
Pa.—V. 170, p. 104.

End!

.

—

Bonds

for

mortgage

been

called

sinking

5%
for

fund

redemption

on

Payment will be made at the
Banking & Trusts, trustee, Phila¬

were

on

4,823,458

•

"."...v

;

*'

iv

"

••

X'

'•

9,513,414

9,349,223

18,319,286

17,894,764

$565,952

$464,550

$836,310

$594,539

36,914

45,444

78,744

87,020

$602,866

$509,994

$915,054

$681,559

80,541
203,301

75,611
166,786

137,126

313,781

133,781
215,350

$319,024
$0.49

$267,367
$0.41

$0.71

$0.51

$257,153

'

Balance

—

-

$263,399

$489,970

$493,447

>/•;V/:./

3,709,727
4,057,604

3,399,189
4,595,242

7,294,021
7,953,186

6,274,434
8,197,771

12,433,361
814,241

20,250,700

26,864,886

39,198,584

772,953

920,509

883,041

Dr237,530

140,887
Dr296,645

Dr245,954

Dr296,645

20,786,128

27,629,637

39,835,671

3,495,000

5,700.000

7,265,000

10,900,000

15,086,128

20,364.637

28,935,671

$1.97

$3.13

$4.22

$6.00

„.i

1940—3 Mos.—1048

Total

,

Int.,
Prov.

income

etc.,
for

—

taxes

Minority interest
in profit

de¬
-

inc.-

on

share
230

income—:———

Earnings per com. share
•Incl.

depreciation

or

379
.147

$332,049

of June 30, 1949, cash on hand and in the banks was $1,893,579,
$390,403 higher than a year before.
Inventories of $2,685,026 com¬
with $3,328,065 on June 30, 1948—V. 170, p. 301.

pared

Creole Petroleum

$10,125,160 "■ $9,285,503 $17,681,088 $16,581,533
shares - outstanding.—.V.
169, 'p. 2102.

Williams, Chairman of theciBoard, and .Gc:d:r. L~e,o"'re/T.rr-'"' »
on Sept, 7 said.\i"Unfilled ordjers.tof $13,839,000 on Sept. 1, 1949,
only slightly under the JunetrGO' backlog in spite of heavy 7ship^

are

an

Corp.—Earnings—

Six Mos. Ended June 30—

1949

1949—6 Mos.—1948

B.

ments in:tbe current
and

1949—6 Mos.—1948

$9,813,773 $19,155,596 $18,489,303
*-•

Other income

51,555,309 114,602,526 105,174,358

Cooper Bessemer Corp,—Unfilled Orders Slightly Off
dent,

1949—3 Mos.—1948

$10,079,366

nthpi*

«nd

79,800,440 156,714,619 158,845,147

Earns, after taxes and charges-/Earnings per share
—

Net

B.

June 30—
—

colpc

operating expenses

• ij . ".'t'."

9,530,002

—

share—

$4,190,740

1,636,400

1,537,435

on

/

•Federal
and
State
oil
and
gasoline taxes are
not
included
in
operating charges and the amounts collected in
respect thereto are not
included in gross operating income.
The amounts of such taxes paid
(or accrued) during the above periods were as follows:

f Based

$5,325,577
2,075,000

based

subsidiaries

1949,

-

six months ended June 30,

As

income

Earnings

.....—4

1,280,000

share,

per

profit

sales

'^Pncf' nf

13,025,002

__

Prov. for estd. Fed. and
State income taxes—!

$4,075,329
89,932 1
115,411

•■

of

delphia,

will

74,045

costs

$5,235,645
■

Prov. for Federal & State inc.
taxes

1947

147 333

$3,375,285

income

Total

not;

amended

..retirement plan for
employees
Profit

1943

$22,428,841 $28,908,736 $21,114,377

,

payment

V

1949

,

expenses—

Depreciation
*

30—

for the

Brickote,

///.-

56,351,730

retirements-

devel.

Dividend

Total

Inc. (& Subs.)—Earnings-

—

soid,

ministration
Premium

June

174,338

5G9

—

French

Net

$553,000

next,

ductions

Loss

Sales

21,421

.

177,118

Creameries of America, Inc. (& Subs.)—Earnings—

Net oper. Income

114,550

formed

$0.23

or

francs in

of the

Period

278,554
$783,031

All

Subs.)—Earnings-

Deplet., deprec., surrend.

$932,134

initial

Michigan Music

Continental Oil Co. (&

$833,427

$1,061,585

have

170, p. 301.

Period End. June 30—

228,158

years,

$565,351

Called—

1,

for

1,783

$525,083

—

outstanding

County Gas

immedi¬

gold

relations

36,313

' /

$352,384

1947.

Oct.

public

1948

$1,646,931

1,186,223

—

profit of

in

in

subsidiary applicable to parent
company
was
2,005,282 lira in 1949, 4,812,007 lira in 1948 and
8,735,418 lira in 1947—V. 170, p. 301.
/
/'■

Net
-

Net

12,179,009

francs

advertising has been placed with

headquarters

June

$22,-

$1,734,454

accounts——

(1)—The net profit

This change, in Continental's * advertising set-up follows the
resigna¬
tion Sept. 1 of Nat W.
Hopkins, who has been advertising director
since 1945.
Hopkins and Glenn H. Cummings, who has handled Con-

Intang.

75,891

$246,842

NOTES
was

.,

"admin,

________

Mbs.—1948

Reese,

.

disct.

com.

Mr.

Gross

$344,295

Net income

Dividends

to

banks

2749.

p.

Subsidiaries

foreign income taxes
applicable to minority interests

profit
Capital shares

ately, he said.

include

for
—

debt

-'-fend expenses

'fj-

.

$224,140

58,045

■

_

avail,

interest,

.

other

'misc. operations
nr

$286,250

Detroit

1949—12 Mos.—1948

$1,818,113

—

corporation's

to

1949

profit

deductions

Profits

,

this

payable

169,

Provision for

Vice-President in charge of distributor sales and
President, announced on Sept. 2.
The company's
advertising department is to be removed from its present location in

Inc.—V.

1949—3 Mos.—1948

Operating revenues
Expenses and taxes—.

of

J.

in¬

Europe)

Gross profit on sale———
Selling, general and administrative expenses.
Depreciation of property, plant and equipment
other than that charged to cost of
goods Sold

Johnson,

C.

ing

Community Public Service Co.—Earnings—
Period End. June 30—

Wheeler

for

goodwill,

$8,813,086.

Continental

(2)

Supervision

reserves

unexpired

$250,913;

(par value $1 per share), $1,537,435; capital sur¬
earned surplus, $3,328,705; reacquired stock—at cost

(Excluding

Continental Motors Corp.—Changes
Advertis'g Set-Up
C.

(less

$652,637;

taxes,

Six Months Ended June 30—

10,611,162;, 11,949,297
$3.65
$3.24

1949—8

$30,-

$4,523.-

refundable

stock

$2,006,121;

tiental's

the

for

170, p. 882.
\

3.

Victor Leven-

<»"..•

appellant,

provision

Oct.

M.

$2,174,589

of

market),

Coty International Corp. (& Subs.)—Earnings—

180,465

—V. 170, p. 688.

service,

hearing

1949—Month—1948

—

—

accounts

or

estimated

improvements

expenses

trademarks^ $1;

cost

$28,493;

$50,071;

leasehold

amortization

Federal

capital

(38,529

for the six months and the 12 months ended
June 30, 1949 were increased $730,000* and
$1,123,000, respectively, as
a result of new rates pdt bito effect
by The Peoples Natural Gas Co..
which rates are being contested.—V.
170, p. 592.

Period End. Aug. 31—

$600,000 for

(non-current), $500,000; royalties payable—due subsequent to
1950,. $70,000; reserve for fluctuations in foreign exchange,

NOTE—Revenqes

Sales

of

30,

12,870,513

218,411

credits

banks, $2,212,506; accounts receivable-

discounts

(at the lower of

on

and

12,690,048

459,412

income 1^,.

and

prepaid

for

serve

plus,

10,829,573

and

'LIABILITIES—-'Notes payable
to
banks
(current),
$300,000;
ac¬
payable, $185,056; accrued payroll, expenses and sundry lia¬
bilities,
$480,4^4;
dividends
payable, $29,013;
due to officers and
employees, $46,301; other taxes (accrued and withheld), $124,430; re¬

12 Mos. '49

10,724,481
105,092

$134,400

counts

last

58,274,993 106,989,594
47,500,512
94,299,545

*

for

inventories

of
and

surance,
formulae

Subs.)—Earnings—

> 1949—6 Mos.—1948

revenues

Operating expenses

Other

.

of

hand and in

on

reserves

employees,

the same week amounted to 748,500,000
727,400,000 cubic feet in the same week
increase of 2.9%.—V. 170, p. 882.

an

taxes

miscellaneous—accounts

portion

of

$0.05

amounted

1947

CONSOLIDATED BALANCE SHEET AS AT JUNE 30, 1949

.

541), $1,055,267;

$599,672

week

1,498,906

profit for the six months ended June 30,

ASSETS—Cash

36,000

$506,937

.*$59,431

1,498,906

outstanding
share

contingency reserve and $89,789 for prior years tax adjustment. This
equal to 18 cents per share, based on 1,498,906 shares outstanding.

niture

190,600,000

118,053

is

$635,672

36,000
and

31,471

tax

•Income.

$1,074,220

428,853

per

customers

dividends

24.333

income

$168,769

shares

NOTE—Net

$2,618,779
1,544,559

$971,790

Consolidated Natural Gas Co. (&

that
the
her appeal

specific date for this will be set by Chief Justice John
Biggs, Jr.,
time

The

tritt
,

on

*$208,952

charges

Federal

loss

Capital

Earnings

Z>r 9 72

declared

other

for

j£-V.^

$2,619,691

—

and

Provision

year, an increase of 4.0%.
Local distribution of gas in
cubic feet, compared
with

request

passes

129,926

$144,436

loss

Interest

and

Consolidated Retail Stores, Inc.—August Sales Lower—

Appeals tentatively has set Sept. 19 for
hearing on a motion by Adelaide H.
Knight, owner of common stock
^purchase warrants of the corporation, to stop the company's dissolu¬
tion plan from going into effect as scheduled
on
Oct. 1.

•$79,026

27,594

loss

income

Total

to

dividends—

common

Other

The company on Sept, 7 announced that local
distribution of elec¬
tricity for the week ended Sept. 4, 1949, amounted to 198,200,000 kwh.,

compared

•

of

a

140,36(1

$172,030

_—

Net

;

1948

$3,520,241

admin.,

that,

$2,103,838
1,222,048

charges
charges

dividends

hoped

£>rl,648

—

Income deductions

Corp.-^Weekly Output—

1949

396.

p.

profit

Depreciation

169, p. 2749.

Net

Southern

30,

G Months End. June 30—

Gross

depreciation

1947, was

.

$0.69
JUNE

Coty, Inc.—Earnings—

to

of

$2,195,486

taxes

'

NOTE—The net profit

••

be

further

Consolidated Edison Co. of New York,
Inc.—Output—

1,612,218

$1,897,322
1,612,218

$2.24
$2.18
•Includes non-recurring income of $1,906,372 in 1949 and
$686,016 in
1948.
tAfter
deducting depreciation, depletion and amortization of

.

will

as

655;

$2,005,874
1,612,218

__—_—-

..^Surplus for period-———

total, $3,388,638.—V. 170,

Net

capital

other

before

Preferred

$3,509,540

1,038,953

"

U. S. and foreign taxes

the

special year-end dividend can
any such dividend will of neces¬

—

earnings.

before

and

Balance

13,486,954
2,528,971

SHEET

LIABILITIES—Payables, $459,564; accruals, etc., $47,617; Federal tax
$390,507; other liabilties, $53,297; capital and
surplus. $2,432.-

653;

$19,238,186 $20,961,018

—T„_:_
sales and other operating expense

of

BALANCE

reserve,

regular quar¬
shares, will be at

is

—

gross

Interest

—V.

1948

1949

$413,887

600,000 shares

keeping

accounts

1949—

revenue—

Operating expenses and

Columbian Carbon Co. (& Subs.)—Earnings—

,

on

ASSETS—Cash, $714,897; receivables, $919,728; inventory,
$1,170,624;
(net), $555,925; deferred and miscellaneous
assets, $27,465;
$3,388,638.

Co.—Earnings—•

income

from

:'k Six Months Ended June 30—

of

share

fixed assets

next

of

it

the

tions.

share,

275,000

1

Operating

,};•Z"'-: v;j:;;' "v.-V'-Vl.'-"V

Connecticut River Power

out¬

stock

shown

income

above, $1,936,261, or $1.13
company's broadcasting operations
share, from its record manufacturing opera¬

realized

was

$2,288,237
$1.33

$688,887

Total,

a

earnings for the
prospects at the time.—V. 170, p. 688.
VZ

the

number

said

the

upon

Gross

$1,709,391
$1.00

—

1,717,352

upon

tOf

share,

per
and

period—

share

per

results

capital

$600 941

27,946

CONDENSED

value

par

in

more

surplus

stated

Six Months Ended June 30—

/

290,828

1

profit

General

it is

the first

25

declared

sity
./.:•

Income before-Federal

.

Provision

desirable

capital
to

sum

1,514,450

income

close

regular quarterly cash dividend at the rate of 50 cents per
declared, payable Oct. 1, 1949 to holders of record Sept. 17,

Mr.

$4,718,707
1,799,200

196,908

$10

primary purpose
capital

a

5,248,462
expense

was

terly dividend,
the

$4,521,799

& 0r44,O4O

(net).

the

company
that other

following the practice of recent years,

■v

the

at

'/"vV/' ;:

stated

the

said

He

ratio

better

a

President,

is

$7,714,681

Earned per common

surplus, account

record

additional

one

1949

1949.

25,359,323
7,736,986
590,616

510,420

will

Net

This increase will

the

of

held.

30,

the

from

company

share
Net

1949
then

from

stockholder

JUNE

Prov. for 1949 Federal income tax

in

increase

an

protection to policyholders.

13,202,644

:«

17,

change

establish

—$52,885,319 $48,816,986 $51,411,368

14,053,460

B.

its

agency

15,679,379

$3,000,000

of

each

share

to

previous

proposed

June 28, 47

facilities,

etc

commissions,
record returns, aLows. & discts._

and

ENDED

income

Total

capital increase took place In 1929, when the capital
$2,000,000 to $3,000,000 after the par value had
been reduced from $100 to $10 per share.
The stockholders then paid
$10 per share for the additional stock.

(& Subs.)—Earns.

July 2, '49

voted

8

transfer

a

Sept.

increased

Frazar

Domestic

by

account

each

for

The

was

from sale of

lines,

business

share

202,198

279,912

out

capital

Sept.

on

MOS.

Operating profit

on

Other

25,414

432.

income

stockholders

9

an

2681.

p.

80,044

1,514,067

railway——
income—

disct.

1948.—V. 168,

31,

FOR

sales

Manufacturing overhead
Selling & administrative

including

working

to

(Including

talent

Indicated

of

ACCOUNT

sales

Total current liabili¬

34,855

26 Weeks Ended—

Time

$500,587.

Net
Cost

$0.54

$1,458,512,

30,

authorize
capital stock from $3,000,000 to $6,000,000, par $10.

Columbia Broadcasting System, Inc.

Gross

June

on

Refrigeration Corp.—Earnings—

INCOME

$161,366
2.99,954

30.9,287
$0.61

:

share—_—-

assets

1948

$188,975

64,874

railway

p.

outstanding-

common

Copeland

v/1049

'

taxes——--

31,990

oper.

170,

30—

Increased—100% Stock Distribution to Be Made—

1946

$180,406

From Jan. 1—

.

Monday, September 12, 1949

Connecticut General Life Insurance Co.—Capitalization

Colorado Si Wyoming Ry.- -Earnings—
railway
from railway
ry. oper. income.,—

June

charges and

current

were

Dec.

from

CHRONICLE

capital of $957,925 showed
increase for the six months of $79,102 over the figure of $878,824

170, p. 492.

July—

-.

Ended

after

1949 were
$714,120 of cash and U. S. Government securities.

;

Gross

Months

income

Total

railway—7,396,032
railway
1,401,453

from

'

Six

Net

.

from

FINANCIAL

&

Compo Shoe Machinery Corp.—Earnings—
V

1948

$1,060,099

192,797

radway

From Jan. 1—

Gross

Ry.— -Earnings—

1943

$1,068,926

July—
Gross

COMMERCIAL

THE

quarter to date.-Present" inquires continue strong
encouraging sign for the coming year."—V. 170, p. 689.

1948

$
/.■/
$
51,500,000 100,020,000
—

$1.99

$3.87

1947

$
62,006,401
$2.33

production, plus purchased royalty oil, for the first six months
of 1949, totaled 98,374,767 barrels, cr an average of 543,507 a
day.
This compares with 114,673,375 barrels, or 630,073 barrels a
day, for
the
'period in 1949. r.
seme 11% ./Work -on the company's
60,000-barrei refinery at Amray on
Peninsula edf
Paraguana is proceeding satisfactorily and it is ex¬
pected ; that the. plant- will go on" stream early in 1950, A. T. Proudflt*
President, said on Aug. 1.—V. 169, P. 2312.
_j

'

*.

*

■

Number 4837

170

Volume

'

.'

'

v

Wholly Owned

'
1946

3235,756

$233,046

$179,854

187,913
$1.13

187,913
$1.25

187,913
$1.24

187,913
$0.96

shares

months

FINANCIAL

the

of

rate

$12,000

1949

of

Losses

11

drilled ior
holes

dry

on

oil in June,
oil webs, one

for

Federal

Reserve

for

State

Net

6,169,922

6,259,^04

2,680,000

2,760,000

244,242

230,812

Canadian

$3,268,492

1

sales

Cost

goods sold
shipping and

of

Selling,

4,790,265
2,022,000
150,171

2207.

Net

•

Earns,

$3,236

shares

—V.

share

1947

6,501,467
552,946

5,701,863

taxes

$73,902

$1,984,134
Crl8,210

taxes

Alkali Co.—Obituary—

Emmett

13,000

745,000

$662,123

85,436

170,874

136,699

$0.19

$3.68

stock

common

common share

for

second

the

of

quarter

resulted

1949

in

of

share)

for

170,

$1.94

the

1948

1949

in

$1,278,438

$1,239,608

received

holders

of

$7

its

to

subject

that,
dated

prospectus

a

the

Eastern

States

of

30,

Aug.
series

plus cash,

Corp.

St.

exchange for

States

Aug. 15 offered 25,000 shares of common
(par $1), in units of 50 shares to each purchaser,

the

as

this

Inc.

not.

the

<

each

of

share

series

$7

ykkv

corporation,

Pennsylvania

a

A
■

,

the

2,

preferred

properly

in cash

•

have

of

holders

share

per

$6 series B preferred stock

close of business

on

Sept.

stocks of

said

170,

record

Was

on

at

the

close

of

business

on

of

the

to

Sept.

the 70th consecutive

dividend pay¬

170, P. 396.

v

Federal

after charges
taxes—.!

prolit

income

Sept. 20. The company plans to sell the entire issue to Investors
Diversified Services, Inc., at $100 a share. Proceeds will be used to
holders

profit

123,700

Earnings per share on 262,002 shares
—V.

off bank loans.
completion of the stock sale the company plans to increase
its present 15-year $1,500,000 loan from the Equitable Life Assurance
Society to $2,000,000. The addititonal $500,000 will be added to work¬

168, p. 1797.

pay

Upon

Electric Bond & Share Co.—Seeks New Status—Asks

Exemption From Holding Company Act—The company
Exchange Commission
an amended
Plan III, applying for exemption from the

ing capital.
■ ' -k kkkkkCV;.'
Company's capitalization consists of 500,000 authorized
($1 par)
common
shares, of which 320,986 shares
are outstanding.—V. 170,

689.

ky;

y

has filed with the Securities and

provisions of the Public Utility Holding Company Act

-yykkkv

railway

Gross from

railway_..__i' "
income

Net from

From Jan. 1—

Gross
Net

from

;

87316

13,704

from

income

-

2,318,990

3,035,020

3,656,899
* 674,743
v 394,511

-

subsidiary

more

570,134

133,054

295,372

exemption from provisions of

to

*83,925

its

of

present

companies

which

are,

a

the Act,

.

New Television Receiver Plant—date

The

receiver

television

new

been

for

set

assembly

Allen

26,

Sept.

and

dedication

official

the

for

B,

plant

In

opening of the company's
East Paterson, N. J., has

Mont, " President

Du

announced

on

year, it
other

in the world. Capacity by 1,500 production line
operation will be 10,000 receivers per week.

plant
full

V

workers under

from

13

spending

the

comprises approximately 58 acres of
which the plant proper covers an area of approximately 9% acres.
In the main plant, there are approximately 391,000 square feet of
factory space and 87.600 square feet of office space located on the
second floor of the North and South ends of the building.—V. 170,
p.

Co.—Earnings—

Eason Oil
\

property

oper.

of

Cost

income^-—

1948

1947

$1,217,063
535,:..28

$786,414
461,997

143,197

132,799

sales—™.:.

Net

operating profits.

.Other

469,719

-

and gen. expenses ■<

•Oper.

income

155,631

*

•

i $538,738

$532,947

* -

—i-y-

..

-

15,944

136,950

$191,617

;

13,760

$134,720

-14,872

18,398

-

'

Net

profit before

depict.,

int.»

deprec.,

•'

y

$548,891-

etc.

$552,498

1
'

-

126,013

taxes_

160,737

outstanding-

$262,160
307,235
$0.82

♦Deplet., deprec., etc
Prov.

for

Net
Com.

income

profit
shrs.

Earns,

per

•After

-$8,832

in

com.

share

deducting
1946

$25

profit

in

on

1949,

disposal

f

$279,964
306,217
$0.88

'. ' '

'

1''' "

.

$206,489

$153,118
71,180

"66,097

.

$120,505 L
309,828
$0.36

$8,169 in 1948, $58,108 in
of properties. " *"

33,447

*
.

$48,491
306,217
$0.12
1947 and

preferred stock was called, with 489
shares exercising the right to convert, with funds borrowed from our
bank
on
the production of
the Humphrey and Humphrey-Goodwin
Jesses; and future credit was arranged for development through assign*
ment
of crued oil runs, thus preserving
the working capital.
The
NOTE—The

7%%

cumulative




assistance
It

is

as

is

may

and

in

required
this

be

that

providing

such

company

a

"integral part of the company's program
*ecurifv

all

to

that Bond

and

into

Power

an

AMENDED

PLAN III

PRELIMINARY

(A)
Plan)

Bond

submitted

is

for and

as

and

a

UNDER

HOLDING

UTILITY

by

SECTION IKE)

to

'•

-!

\

personnel.

and

Gas, Bond and Share is in the position of A
with long experience in the natural gas busi¬
and related fields.
Among other things, there are indications
investments in fields related
to natural gas may not only be

the

United

of

case

investor,

themselves but also produce enhanced values for Bond
stockholdings, along with those of other investors In
With
the
company's investment in United Gas, the

in

Share's

and

Gas.

two-thirds invested.
Gradually, the
in United Gas may be reduced, but it
the time being to hold this investment
it is believed, will appreciate in value and provide a steady
of
income,
unless
and
until specific opportunities present
its

start

will

program

proportion of its assets invested
is

advantageous

highly

which,
source

for

capital on a more attractive basis.
In the
derived from United Gas will be a stabilizing
the quality of the Bond and Share < common

for

investing

meantime,

the

income

improving

stock. '
The

v..

.

company's

program

preserves

advantages

tax

Plan

III

-

to

arises

which

stockholders

its

out

of

tax

losses

•>

Share

Co.

butions,

make dividend distribu-

in

without

ordinary

asset

v

of

invest-

distriof their stock,
such dividends
position of the company is a valuable

be applied in reduced
such stockholders becoming
to

income.
This tax
stockholders, the

the

loss

hardship on many of them.

of the tax cost
subject to tax on
of

•

which
■

-

•

would

inflict

severe
.

'

the fundamentals of which were submitted
to the stockholders of Bond and Share in the annual report of the
company
for 1944 and periodically since that time, is believed to
provide the greatest likelihood of producing enhanced earnings and
values for the stockholders with the financial and manpower resources
remaining to them after meeting the mandate of the Act.
It is the
company's intention to subit the program to its stockholders for their
formal approval at the appropriate time.
;
The

company's program,

(C)

(the

Bond and Share Co. in substitution
to Plan III of the Plans of Electric
July 25, 1945.

Electric

dated

im*

not

possible to pass dividends received from United Gas or other
on
to the stockholders of Bond and Share as capital

as
►

are

accumulated

ments
-

PRESENT

complete amendment

•

preliminary statement of the plans of the company dated
1945, it was stated in effect that upon consummation of such
plans the company would cease to be a holding company with respect
In

are

taxable as ordinary income
the past and the availability
of
other tax losses which,
when realized in the future, may offset
the company's earnings In a given year.
In such a year, it will be

tions

•

The ability of the company to

to come.

years
s

OF THE PUBLIC

Amended

which

portant to individual stockholders of Bond and Share since under the
program the company hopes to be able to pay dividends which, under
Federal
tax law,
will not be taxable as ordinary income for many

COMANY ACT OF 1935

STATEMENT—This

opportunity to help

important opportunities for profit will present
countries, which will be highly important to this
and Share's stockholders.
Foreign Power can be of
Bond and Share in view of its foreign
experience,

as

"

♦

involved.

holders

Share will have
a

well as advantageous to Bond
development of these opportunities,

United

that

operation

are,

to
In

beneficial

be

service

that

subsequent

in connection with
these
combination of Bond and

which

companies

"detrimental
consumers."

Foreign

profitable
'

profit

for

of

that the company upon consummation
holding company which is "not, and derives
income, directly or indirectly, from any one

and United Gas is an

the

ness

with

capital

opportunities

its

knowledgeable

action

anticipated

for 45% of the net operating
dep etion.
Only a
minor
the retail
*

and

Moreover,

In

as

the experience and talents of Ebasco will provide
to the stockho'ders.
It will also be a type
will be useful to the economy as a whole,- the
need
for
which
is pointed up by studies recently launched
by the
Joint Congressional Committee on the Economic Report, and a recent
statement by the Chairman of the Federal Reserve Board.?
•
!
Messrs. Calder and Walker also stated: "We believe that, with the
reorganization work .required by. the Holding Company Act "out of the
way,
this program has the promise of producing
increased values
and earnings for the company's stockholders.
It is our intention to
submit this program to the stockholders for their formal approval at
the appropriate time."
Share

a

of

influence,

investments

of

selection

and

investments.

depreciation

believed

is
be

or

contacts

•

■

19,888

\

100.943

171,591
'

-!,'

ing

it

will

Is believed

real

*

constructive

stock of United

in foreign

In

;

contained

ability

and

take

in

Ebasco.

1948, accounted

taxes,

themselves

the report

capital,"

of

pool

to

technical

371,219

Inc."

and other services
the United States and
outstanding common stock

technical

will also continue to own common

part

should

country,

many

on

of

clients
of the

countries;

problems..

states, "combined with the type of
in the Ebasco organization will be
in a variety of business situations
now
generally recognized as not adequately served by existing capital
markets.
The use of Ebasco will be especia'ly valuable in the screen¬
"A

able

1946

$642,889'

Share

the

profitable enterprise
for American
investors when the personnel of both companies are in a position to
devote their full energies to Foreign Power's operating and financial

and

Bond

Services

Ebasco

knowledge

k

,

1949

$1,158,298

6 Mos. End. June 30—

Gross

and

with

Inc.

contemplates that when the company has disposed of
below) it will be entitled to exemption from provisions
the terms of Section 3, particularly Section 3(a)(5)

themselves

discussing

in

.'.'kk kkv'kk >, '<

883.

Bond

resources

expert

Services

contrary, the future program of the company

utility securities as, in the judgment of the directors, may be profit¬
ably employed, utilizing the experience, skills and knowledge available

$750,000 preparing the building for television
manufacturing and electronic parts divisions opera*

Paterson

East

The

of

the

rebuild

the

hardship

severe

In

tions.
<

stockholders

the

to

Ebasco

will continue to own securities of Foreign Power,
the public utility subsidiaries of which operate

subsidiary

company

of

asset

valuable

a

inf'ict

than

more

receiver assembly

to

on

other

and

business of which within the United
utility company," and since it is further

stockholders, the loss of which would
of them."
Share's contemplated future program, it
was pointed out
that: "The company will devote to non-utility invest¬
ments
such of
the funds
realized from liquidation of its domestic
is

acquired the former Wright Aeronautical plant last
War Assets Administration for $1,350,000 and is

corporation

The

possible

be

investments

in situations
promising opportun¬

investment

present

principal

It

in a given year. In such a
pass dividends received from United Gas

capital distributions to be applied in reduction of the tax cost of
their stock,
without such stockholders becoming subject to tax on
such dividends as ordinary income.
This tax position of the company

scale

Dec.

will

or

plant contains more than 480,000 square feet under one roof and
is said to be the largest and most modern television receiver assembly
The

for

financial

business of United Gas is repre;ertcd by
gas utility
company, as defined
in the Act.

since

more

and

future, may offset the company's earnings

Sept. 6.
■

a

plan

V Power

under

ordinary income arises out of tax losses accumulated in the past
and the availability of other tax losses which, when realized in
the

end

essentials

,

company

as

the

to

the

,

are

since

contem¬

plan

assets

program,

a

the public interest or the interest of
this connection, it appears clear that,
will be beneficial
not only to investors and consumers but to the pub ic.
The company's proposed program will create a substantial revolving
pool of capital which will be of aid in solving one of the major
..problems in the capital market recognized by the Commission and
other prominenteauthorities. < The -problem of
supplying the needs
of business for equity capital has been pointed up by studies recently
launched by the Joint Congressional Committee on the Economic Report,
end
statements
by the Chairman of the Federal
Reserve Board
and the President of the
New York Stock Exchange.
Moreover, the
combination of financial resources with the broad experience, tech¬
nical
skills and other expert
knowledge 4 available In the Bond and
Share
and
Ebasco
organizations
provides unique opportunities for
profitable, socially useful and constructive investments.. .
V:
The retention at this time of the company's interest in Foreign

that: "The company's program preserves tax advan¬
important to individual stockholders of Bond and
the program the company hopes to be able to pay
dividends which,
under Federal tax law,, will not be taxable as ordi¬
nary
income for many years to come.
The ability of the company
to make dividend distributions to its stockholders which are not taxable
which

•

Act under

public

on

.

.

.

funda¬
parent

a

the

(see

f investors

.The plan states

Share

-

(Allen B.). Dn Mont Laboratories, Inc.—To Dedicate

*

or

one

any

tages

Deficit.—V. 170, p. 592.

,

dispose of all

as

or companies
States is that of
believed that the
situation here involved will not warrant a finding by the Commission
under
Section
3(a)
of the Act
that the exemption
sought by the

companies the principal business of which within the United States
is that of a public utility company" and should, therefore, be entitled

v

railway

oper.

133,057

....

Bond and Share will

investments, except those in American & Foreign Power Co., United
Gas
Corpl and Eba.;co Services Inc.
The company stated that it
will then derive "no material part of its income, directly or indirectly,

$386,004
> 44,552

$497,877
'

of

material

or

3,211,951
"137,667
*140,379'

railway

from

Net ry.
*

*9,318
*41,583

oper.

ry.

ik:

III

Plan

Under

1946

1947

'1948
$561,919
'
105,937
" 55,435

1949
;
$472,089

•

ygk

1935.

of

-Earnings—

Shore & Atlantic Ry.

South

Duluth
July—

the

the

a

133,000

$200,180
$0.76

of

plan

thereof,

1948
$333,180

$183,609
$0.70

—

-

—

proposed

steps

effected

business

additional

out

of

Ebasco

other
all

owns

before

company

Net

the

of

have

PROGRAM—The

of

capital

and

by

and

operations, .in
of

the

of

the

F.

=:

Corp.,

The

(& Subs.)—Earnings—
1949
$307,309

Co.

completed

will

directors,

skills

Share

rendering

company,

of

30—k.

Months Ended June

Light

subsidiary
of
the
conformance

one

former

carry

of

the

indebtedness

no

6

to

company

company

the assets

this Fund.—V. 170, p. 396.

,

and

company

The

business

or

Issue—

&

system.

combination

industrial,

certain

portion

quarters of 1948. A year-end distribution of 33 cents was made
24, last year.
The current declaration
constitutes the 72nd consecutive dividend

Electrical Products Corp.

Power

completion
its

dispose

pool

a

technical

Bond

The

revenues

on

payment by

stock¬

which company together with its subsidiaries, engages in
Vail aspects of the natural gas business, as welj as in the production
of
crude oil,
other liquid hydrocarbons and
su'phur.
These latter

stockholders of record Sept. 15, 1949. A similar payment
xvmrch 2o and oune 2o, last, and In each of the xirst

to

24

made

of
the

Continued

(4)

dividend of 10 cents per share, payable

a

preferred

a

its
not

;

wholly in foreign

Dec.

on

consider the inventions disclosed in the
useful, practicable and valuable, and they
tests made to determine whether or not this

Co.—Plans Preferred

the

holding

a

three

plans

T.

declared

trustees have

Sept.

to issue 5,000 shares of 5V*% ($100 par) pre¬
Dolan, President, discloses iri a letter to stock¬
The proposal will be voted on at a special meeting of stock¬

stock,

Carolina

PROPOSED

position

a

experience,

(3) The

like amount
in each of the
A

year-end distribution of 40 cents was

dividend constitutes

of
or

holdings in American Gas &
Light Co. and has disposed

&

company

of

utility

will

company

in

where

utility,

and

share, pay¬

per

the

nature

widespread

be

the

Upon

III,

the

in* the judgment of

non-gas

785.

170, p.

company

holders.

June

15.
and

to

all

whether

are:

in

Gas

by this Fund.—V.

Operating
The

and

25

cents

Sept.
25, last,

record

1948.

24,

current

The

be

to

suitable

have

Dobeckmun

ferred

March

of

retired

knowledge avail¬
organizations
can
be utilized constructively.
The capital pool will be represented
by such of the funds realized from liquidation of present investments
as
may
be
profitably
employed,
particularly
in
situations
where
capital is needed which is not readily available through established
investment
channels;
o
.
' >,'■
•- •
• :
able

Eaton & Howard Stock Fund—10-Cent Distribution—

company

applications

is so.—V.

dividend of 20

declared a

Plan

in

Employment

broad

common

patent applications may have much or little or no value, and
true or the inventions disclosed thereby.
The officers and

directors

Dec.

on

The

the same is

patent

its

holdings in

stock.

of

the

and

<2)

three quarters of 1948. A

inventions.

Net

(1)

to

stockholders

to

made

which

These

have

24

ment

its

of

1945
stock

consummated

has

the question of
liability to its former
Power

25,

connection

*

a

will

which

ities

592.

p.

disbursed

was

company

of

been

company

in

original

COMPANY'S

that

It

which,

30,

on

trustees

Sept.

immediately after its organization acquired for 136,950
stock five patent applications made by Fred A.
are pending in
the United States Patent Office, two
gasoline airplane engines converted to Diesel engines in accordance
■with inventions covered
by said patent applications, drawings, pat¬
terns, and other materials useful in the practical application of said

p.

of

the City of New York.
the $7 series A preferred stock and

on

of

THE

that

Eaton & Howard Balanced Fund—20-Cent Dividend—
The
able

(par $1),

first

Thaheld,

of

amended

plates

V '"" vkk';

the $6 series B preferred stock of Eastern States
previously been declared for payment on Oct. 1, 1949, to

1949.—V.

applications and other property.
The general purpose of the company is to develop an improved type
of light-weight air-cooled Diesel engine.
shares

the

July

preierred

with
the
Act
filed
by
the company's present or
utility subsidiary holding companies and their sub¬
have been completed, or are about to complete,
conforming to the Act.
American & Foreign
Power

change

(B)

of Eastern

preferred stock

III,

filing
certain

which

class

this

mental

stocks of Eastern States Corp.
to deposit their certificates,
Letter of Transmittal, prior to

executed

single

a

in

abroad.

shares of
of which 137,450 shares have been issued: 500
incorporators for $500 cash and 136,950 shares for patent

shares to the

desire

the

of

a

share

per

Corp.

1949,

engines into Diesel engines.
capital stock of the company is 2,500,000

stock

common

The

by

Dividends of $1.75

$1.50

authorized

The

holders

the

company

kk

in

The company's program of compliance with the Act is therefore
approaching
completion.
Its
assets
have
been
drastically
reduced
and its capitalization simplified so that it now has outstanding only

said date with The chase National Bank of

u.

in July,

organized

and

accompanied

of manufacturing and selling Diesel engines, appli¬
increase
the efficiency of such engines and appliances to

convert other

have

plans

of

assets

Act.

purposes

to

ances

plans

company's

(Foreign
Power)
remains
as
the
which has not as yet substantially

desiring to accept said offer are required

speculation and as a limited participation in a new proj¬
ect, which experiment may demonstrate to be success¬

lor

all of

process

and conditions
corporation has

stock plus $4.79

of

d Ate
III

the steps

domestic

the

follows:

exchange offer will expire at the

1949,

$50 per unit, with preferential right to purchase an
additional 950 shares at par. This stock is offered as a

is

of

Co.

Expires Sept. 30

terms

1949,

Regis Paper Co. common

Corp.

The

at

or

the

company's

only

all

ol

its

of

the

from

of P.an

concept

Han

a

plans,

conformance

former

A

$4.43 in cash in exchange ior each share of
of Eastern States Corp.

& Co.,

Offered—Graham

Inc.—Stock

Power,

New York, on

Company

disposed

of
the

that

Pennsylvania
all

filing

most

sidiaries,

Eight and one-third shares of St. Regis Paper Co. common stock plus

ful,

result

company's

all
of

company

been

in

to

Nine shares

"

170, p. 689.

stock

has

of

of

that
Euch

exemption

original

amendment

the

of

These

the

and

substantially

for

the

preferred stock and $6 series
B preferred stock the privilege of exchanging the shares of said issues
for shares of the common stock of St. Regis Paper Co. now owned by

Sales Declined—

1—

Sales

has

Notice
ofiered

Month of August—

Diesel

and

basic

the

is
oi

Plan III with the Commission in July,
contemplated by that plan have been accom¬
plished in connection with the other plans of the company, or other¬
wise provided for or accomplished in connection
with various plans

105.

p.

specified

52.—V. 170, p. 689.

was

Diana Stores Corp.—August

V.

of

certain

(leaving open
has any further

Co.

Since

1945,

profit

net

a

of

retirement.
with

the

since

an

the

company

States

for

5

•

stock

company

Electric

383,000

$1,257,344

Eastern States Corp.—Exchange Offer

/

Vice-President-PurchaseS, died Sept. 2 in Pitts¬

Bittner,

He

Pa.

such

remains

occurred

retirement

sale

United

consummation

Commission

necessary

II-B

and

the
the

holders)

($.03 per share of common stock). This compares with $55,482

per

—V.

other charges.

and all

k
W.

with

preierred

15,256

$63,682

:

II-A

This

subsidiary

any

the

upon

the

to

have

make

?

I,

with

with

$1,060,379

Cr2,7o0

ine-w-w

on

changes

which

large extent

474,604

169, p. 2312.

burgh,

plan

and

fivst quarter of the year.
In view of reduced earnings and uncertain business conditions,'the
directors took no action on a dividend at their meeting on June 30, 1949.
($.16

100,240
$2.71

100,240
$4.35

certain

apply

that

with

Federal

depreciation,

interest,

Diamond

♦

provisions of the Act.

but

would

from,

within

and

the

Plans

5,088,297
5U3.477

exps.

income

no

which

of

company

company

$7,236,851

ik-k-'iiiiH -i

on

of $8,200

$334,351

$497,850

100,240
Nil

outstanding

per common

•After

1948

derive

business

the

dealt

$9,038,547

~

profit

Operations

July 16, '49 July 10, '48 July 12, '47

income

Common

general

would

utility

respects.

$5,665,076

(net)

Earned per

Cushman's Sons, Inc.—Earnings—
♦Net

Subsidiary)
"' 1949

operations—!..—___

from.

Dividends

Week; Ended—

three

and

the

Profit

Deductions

Provision for f ed.

2J

well

public

$2,618,094

taxes

Net earnings
—V. 169, p.

distillate

In

Eastern Corp., Bangor, Me.—Earnings— wkkv, .'k

;

1949 ■
1948
1947
$71,610,652 $69,819,640 $63,478,517

tax

income

to, -and

principal

barrels.

*

$3,245,679

Reserve

31,723

was

company's own account and with
relatively low.—V. 169, p. 1006.

6 Months Ended June 30—

Six Months Ended June 30—

(981)

that

(& Subs.)—Earnings—

Gross operating revenue
Earns, beiore red. «Sc State inc. taxes

or

the above leases.

on

gas

minimum

the

were

(Including

Curtis Publishing Co.

CHRONICLE

month

per

194J,

cruue

holes have been

others.

'

168, p. 2541.

at

of

dry

1947

outstdg.
Earns, per cl. A share—V.

production

six

1948

$211,797

laxes

A

&

of the proceeds of the crude oil sales

JNet

profit after charges

and

Class

retired

is

loan

66%

Subsidiary)

Domestic

1949

"

6 Mos. End. June 30—

Net

COMMERCIAL

bank

Corp.—Earnings—

Crown Cork International
(Including

THE

X'

'

•

the

COMPANY—At

•

stockholders.

AND INVESTMENTS
OF THE
company's permanent capitaliza¬
shares of common stock owned by over 50,000
also outstanding $12,000,000 of bank loans

CAPITALIZATION
hereof, the

the date

tion cnosists of 5,250.358

July 25.

There

are

6

THE

(982)
Feb.

due

the

At

.

approval

'

of Total

Shares or

Inc.,

3%

preferred

2d

preferred

Common

Option
*

Cuban

($7)— -

A

Co., 6% debs
& Light Co.,

Power

Federal

38.64

38.64

preferred

Other

Interest

Gas

Corp.,

common

Power & Light

Co., com.

20.67-

5.301

Net

Electric

Atlantic

City

Carolina

Power & Light

Co.,

com.
Co., com,

«.

46.56

46.56

0.22

0.22

0.92

0.80

Light Co

Utilities

191,590

,—

,

Net

6.63

343,844

7.81
7.81

7.81

application for such

/

Middle South
National

;,,;;

&

Power

Light

Co.—

&

.

Minnesota

The

&

Power

Montana

Texas' Utilities
American
"Or

Co

Light

to

Co._

proceeds from

plan

reorganization

of

sales

approved

the

by

After

sales

debts, liabilities and obligations, or
therefor,
and before the
completion

of

payment

provision

of

established

mission.

tion

The

for

the

mentioned

notwithstanding,
aforesaid

Commission,
the

from

company,

and

will

or

or

any

will

"public

any

"associate

pany

an

those

terms

be

be

made

(in

Step

1

sales

the

to

of

without

in

any

securities

of

company"

"holding

any

make

$1.44

'

A

.

tax

rulings
170,

closing

and

Sept.

"

\

30.

The

•

V'-',.'

have

income

the

company,
1

taxes

as

,,

Commission

effect

266,364

that,

Step

shall

this

approve

plan

it

make

order

an

to

the

also

company

21, 50 cents;

extras

paid

Dec.

and

21,

follows:

as

June

22,

20

Net

profit before
Federal taxes

,

Federal

/

.

taxes.

July 2,'49

$2,455,593

$2,496,963

932,725

949,546

$1,621,793

$1,522,868

Earnings per

818,569

$1.98

—V, 170,

$1.86

connection

in

with

any

of

in

not

any

be

way

afiected

by the said exemptidn;

and

(2)

any

distributions by .the company, whether by
way of dividends or other¬
wise, to its stockholders of any of the securities described in
Section
C of this plan,
which distributions shall not have theretofore been

specifically
issued

make
in

approved

with

After

to

this

of

the

investments,
of

of

subject
(1)

This

11

of

the

thereby
have

and

(2)
it

all

to

have

or

any

company

an

"associate

those terms

as

and

requisite
the

may

jurisdiction

and

such

170,

shall

in

of

the

Act.

this

plan

the

Commission

sub-section
to

carrying

by

<b>

the

of

to

have

sions of Section 11 of the Act
to

out

the

order

of

to

that

the

company

proceeding

sub-section
entered

a

(e)

in
of

decree

shall
or

appropriate to

a

shall

court

order

"Net

and such court shall have

enforce and carry out the terms and
provisions

of

11

1949—3 Mos.—1948

"$202,151

share

per

loss.

11
of

of

the

the

and

to

the

taken

the

Act,

all

Internal

in

accordance

Revenue

Code,

with

as

Supplement R thereof.

(it

of

June

on

30,

pared

on

Sept.

about

or

last,

with

Mark

$2.20

Department

condition)
rulings

as

have

(unless
a

to

closing
the

tax

been

30

distribution

a

75

cents'

Follansbee,

action

at

per

no

action

the

on

of

share

President,

this

the

company,

agreement

or

consequences




in
to

its

ruling

the

United States

discretion
or

shall

closing

the company

oi

Section

Treasury

waive

agreements

the

$0.58

59,807

42,675

9,394

62,772

60,014

257

pi,946

3,942

3,942

36,009

42,862

2,430

all-time

peak

46-year

20,958

18,503

1,909,084

1,444,164

and

history,

General

1,710

195,029

the

38,913,

was

highest

Ivan

Manager

Wiles

in

Sales

25

on

__________

from

Income

chinery &

leased

cents

per

of

the

in

General

set in March

model

new

-

disclosed

that

built,

were

during

substantial

a

introduced

was

to

August
figure

the

total

a

in

public only

well

over

the

of

view

fact

of

few weeks age.

a

Fisher Builds Record Number of Bodies—
The

corporation's

greatest

number

Manager

of

J.

Fisher

Fishers Assembly
month, Mr.

for

produced
in

month

any

its

Vice-President

Cronin,

J.

Division

Body

bodies

by

sets

Fisher

of

announced

in

August

41-year

of

GM

the

his.ory,

and

Body.

ahd

it

General
v

fabricating

plants

turned

out

249,378

bodies

of

said.

Crbnin

Included

in

this

number

complete

were

body parts sent to the corporation's Buick-01dsmob;l:-_Jontiac
Assembly Division.
A.A
Three
Fisher
Body assembly plants, at St. Louis, Mo.; B ltimore,
and

The
when

Flint,

and their

Current

,

order

Mich.,

previous

have

closed

150

shifts

within

Earnings

after

per

169,

1941,

contrast with Fisher Body's first 'big"
for Cadillac, in 1910.—V. 170, p. 690.
<

ugures

bodies,

,

(& Subs.)—Earns.
1949

297,952

$0.53

$0.50

taxes
share——
—_____—L

common

2209.

p.

1948

$6,721,103

317,756

charges and

,./A '"A;"/

.

General Public

—See

total.

$7,505,491

profit

$3.58

dividend normally
stock, par $10.
On
share was made, com¬

Utilities Corp.—Rights to Stockholders

Rochester Gas & Electric Corp. below.

Weekly Output Off 1.1%—
electric

V.

output

amounted

1.1ft

170,

to

this corporation

of

for

883.

p.

week ended

for the

Sept.

2,

kwh., a decrease of 1,319,137 kwh., or
the corresponding week of last year.-—

116,509,614

the "total

below

A>:,,:AA/, a :A-/; -A.-

.

(& Subs.)- —Earnings—
,

6,088,823

—

taxes

Federal

-—

taxes

income

12 Mos.'49

6 Mos.'48

$25,563,182 $56,845,434
5,570,063

11.722,440

3,504,851

amortization

operating expenses

General

6 Mos.'49
$29,221,172

revenues

Depreciation and
Other

2,934,618

8,637,297

12,401,767

10,972,856

24,172,553

2,113,877

1,711,241

4,021,225

1,539,075

1,296,810

3,174,030

$3,572,779

$3,077,594

$7,117,889

other

less

108,692

117.870

263,549

$3,464,087

deductions,

$2,959,724

S6.854.340

income

cannings

Interest

Net

uncertain

and other deductions

income

Dividends

170, p. 303.

(& Subs.)—Earns.

ma¬

Dec.

1,283,215

2,321,383

'"2,377,869

$25,375,668 $22,247,943
22,550,435
18,655,125

$46,707,659

$38,904,687

41,759,325

32,592,170

1,876,025

—_

2,391,689

220,000

220,000

$1,282,840

$3,031,756

1,191,164

1,191,150

orders

1,191,164

being

share——$1.24

have

102,668

1948.—V.

170,

for
on

p.

440,000

/

(end of

———

common

per

31,

3,382,584
$3,471,756

$1,471,940

balance

Unfilled

1,456,884
$1,502,840

preferred stock

on

shares outstanding

decline,

1,772.147
$1,691,940

—

period.

Earnings

1949—6 Mos.—1948

$24,137,116 $20,964,728 $44,386,276 $36,526,618

1,238,552

income

operating

Net

!
the

Total

Costs

income

&

Federal

expenses

(net)

income taxes___

1,069,675

1,358,813

Net

income

Preferred

$1,755,558

$2,234,005

$3,072,309

$3,920,823

168,480

_______

56,875

336,959

113,750

dividends

Net

income

available

to

/■•r

common

NOTE—The

stock—

amounts

$1,587,078 A$2,177,130
shown

for

1948

of the

both

former Westvaco Chemical
Corp.
of which were acquired
in

786.

not

September

Unfilled

p.

do
nor

with

orders,

as

unfilled

of

June

orders
-

of

$2,735,350
include

of

that

$3,807,073

the

operations

and

the Stokes

Smith Co.,

the

first

June

30,

time

since

$1.08
V-J

1949,

compared

Sell

Local

Day

$2.55

shown

with

net

a

121,556

on

593.

1949,

amounted

year.

$10,443,787

on

June

to

$5,957,133.

30,

1948.—V.

com¬

170

••

or

transactions

!

Franklin Simon & Co., Inc.—New Control—
See

City Stores Co. above.—V. 170,

p.

493.

The

—

To

Transportation
•

company

a

has notified the SEC of its intention

base

price

of

$54,000

plus

an

to

sell its

,

trans¬

of local businessmen for
$42,000.

group

estimated

Georgia would use the proceeds from the sale to increase its electric
utility system properties.—V. 170, p. 594.

Georgia RR.—Earnings—
July—
Gross

1949

from

from

Net

ry.

1948

1947

1946

$605,278

$733,176

$635,311

$724,019

65,537

122,525

88.941

93,111

52,127

110,776

59,960

56,733

raTway__—
railway

4,655,730

5,030,663

4.557,149

4,513,030

564,437

854,483

582,709

312,267

income-—

435,693

693,036

376,034

94,809

railway—

railway

oper.

income—

,

*

From Jan. 1—

from

Net
>

Co.

portation business in Augusta, Ga., to a

Gross

this

Power

Georgia
Business—

Net

30,

,

few

past

production also has swelled the Aug..st
monthly production record was in A^ril,
built. "
: ;

sales

Net

—V.

the

were

production

for

second

added

added

best

bodies

214,000

Income

1949—3 Mos.—1948

processes—

month

any

Division, said. The
of 1941. With the impetus*

the

preceding quarters.,
stated:
"In
view
of

Machinery & Chemical Corp.

(net)

of

Vice-President
Motor

1941.

also

Specials

Common

Food

total

Wiles,

L.

the Buick

of

record-breaking August Output, Buick's total prod ction for
is 274,233. only about 42,000 short of the full yea.'s record

that the

common

in

time."—V.

Period End. June 30—

or

the

from

6,745

6,982

_

now

Misc.

took

1

Sept.

L

—

Federal income taxes.

conditions prevailing at the present time and
probable prop¬
erty adjustments, the board of directors believed it
prudent to take no

action

meaning and requirements
amended, including Section 1808(f)

obtained

51,584,733

business

pared

There shall

$259,418

—^

291,383

record

the

Mr.

provi¬

or simplification of the
holding-company
the
company is a member and are
necessary
or
effectuate the provisions of
sub-section

(bi

1949—6 Mos.—1948

$973,428

Nil

tAfter charges and

directors

payable

which

of

184,090

Maintenance

Omits Dividend—
The

com¬

of

necessary

appropriate to the integration

274,233

request

of this plan.
The order of the Commission shall
recite, to the extent requested
the company, that the transactions in this
plan are

appropriate

24,410

16,9,063

5,962

and

Net

c

finding this

effectuate

133,251

853

Coach—

—

Operating

be

approval

Section

or

Earnings

Section

plan

197,433

$5,066,801

$G;341,840 $10,381,964 $15,191,074 $17,724,728

_____

profit

(3)

system

$5,663,979

Corp.—Earnings Fall Off—

Period End. June 30—

tNet

affected

persons

18,506

97

&

—

new

20,000

105.

p.

264,849

226,165

General Telephone Corp.

Sales

dividend

;

plan to be fair and equitable and

by

1949—8 Mos.—1948

$688,060

281,924

22,158

Period Ended June 30—

or

be.

pursuant

court

by

of

Commission

Commission, in the event
do, shall have instituted a

to

so

defined

are

com¬

company"

effectuation

equitable
for

^'public-utility

reservations:

found

provisions

fair

by

case

been

the
be

actions

the

as

company"

such

The

petent
Act

shall

and

committed

exemption

prior

RESERVATIONS—The

effectuate

Act

been

1949—Month—1948

$835,247

Follansbee Steel

orders
/.

or

exemption/ the company will
permission of the Commission

following conditions and

plan

to

necessary

order

any
1

foregoing

company,

AND

the

to

in

plan.

without

make

the

CONDITIONS
is

Commission

"holding

any

will

which

"affiliate"

an

this

receipt

securities

pany"

by

respect

the

no

Period End. Aug. 31—

—V,

reorgani¬

Foreign Power under Section 11 of the Act so that the
jurisdiction of the Commission with respect to
any such reorganization

shall

*A

The

Sales

....

34,555

Canada—

Motors

any

involving the company

of

1949,

|(M. II.) Fishman Co., Inc.—August Sales Increase—

....

524.915

8,247

Truck

company's

303.

p.

1949—8 Mos.—1948

"40,106

—

Total

$1.89

share—

,,,

746,984

PaSsenger

(excl. treasury

common

cars

73,352

Coaches
GM

$1,547,417

818,569

passenger

year.

3 Months Ended June 30—

June 28,'47

$2,616,440

taxes.

last

244

Net

June 26,'43

818,569

Net profit after Federal

United

General Precision Equipment Corp.

994,647

Com. shares outstdg.
Stock)

were

has'produced I;909;C84 pas¬
States and Canada, compared

31,095

cents;

First National Stores Inc.—Earnings—
x

249,691

the

Sept.

Of the

38,211

Trucks

302.

p.

in

on

126.070

—;

,

GMC

$2.28

170,

true'rs

announced

31,939

months,

cents.—V.

90

and

cars
was

1949—Month —1948

Cadillac

531,060

$0.57

......

Quarter Ended—

the

upon

4),

transactions

zation

Buick

828,351

outstanding.—.
share

it

Motors

period

Trucks

$1,214,805

531,080

*

directors have declared a quarterly dividend of 10 cents per
share, payable Sept. 29 to stockholders of record Sept. 19. This com¬
pares' With A35cents per share previously paid each - quarter, Afcast
year,

August,

the

in

same

Oldsmobile

The

Sept.

trucks

Passenger

$2,043,356

$302,731

—.

per

during

Trucks

31,569

$569,095

——

the filing of the certificate (mentioned above in
the company shall be exempt from all provisions of the
Act
without further application to or approval
by the Commission,
excepting from such exemption (li to the extent then necessary
this

and

cars

.

Pontiac—

$2,011,787

shares

of

passenger

August,

.

$6,588,169

39,535

J

trucks.

Passenger

2,090,004

-

———

291,333

during

Period End. Aug. 3.1—

1948

$529,560

$0.64

$143,-

5.

PRODUCTION OF MOTOR VEHICLES BY G. M. DIVISICNS

v2,486,378

*

$0.68

:

amortization— IS49.

Chevrolet—

not

-

will be filed with the Commission stating that such sales
disposals have taken place.
The company
Is requesting, in its
application for approval of this plan which is filed herewith, that

produced

1,444,164 for the

,

is

1,653,717

:

105 and

year to date, General

established also

1949

—J—

——

$10,520,856 $10,059,198
—i___

pp.

Trucks

—2,025,274

———_

or

company,

the

with

Subs.)—Earnings—

—

profit

the

previous

•

236,491

Corp.—August Car Output Up—

and Canada

41,692 were

senger

'

proposal

which

$4,213,551

expenses

States

Fof

Delayed—

agreements

etc.

period

share—

corporation produced

vehicles

and

1947, and

'

175,000

236,491

;

This compares with July output of 254,662 cars and trucks.

2.

785.

p.

175,0C0

!

Co.,

or

if

The

United

Reduces Quarterly Dividend—

r
.

com¬

disposals of all of the securities
certificate signed by an officer of the

a

67,251

'•

until

com¬

such

the Act.

above),

-'A;'..'.

1

at end of

common

per

1948, $127,233.—V. 170,

Md.,

contrary herein
interests
in
the

which will
"affiliate" of

ari

or

$122,519

97,943

Assurance

adjourned

was

Net, income

prior

company"

Opon completion of the sales

listed

Anything

made,

utility

defined in

are

Com¬

permission of the
to any
"associate company" or "affiliate" of
"affiliate" of any such "associate company,"

or

investments

no

pany"

(4i

Step 3).
purchases
or

no

enterprises

the

of

make

this

(in

permission

the Commission, in the applica-,
filed herewith, to make an order per¬
the investments
and
reinvestments

plan

to

company

further

;

income A—

Earnings

9,990,562

stock-—

stock—;

General Motors

the

requesting

this

of

without

is

company

approval

mitting
above

enterprises

on,

upon

etc.,

Number

287,000

$480,127

$10,932,347 $10,470,689

_________

"Including provision fcr depreciation and

last
•

making

the

or

Life

preferred
common

1943

the

or
disposals provided for (in Step 1 above), the proceeds of
sales of securities will be used, in whole or in part at the option
company,
to invest and reinvest frcm time to time in new

any
of

......

$1.16

oF sales

Total

305,000
$496,004

surplus

•Earnings

include

was

will pay, or make provision for payment, of its outstanding
bank'loans and all its other liabilities and obligations.
(31

\.f-.

voted

Operating

Com¬

securities are realized,

sudh

of

'Ay. \

services,

Other

of

company

appropriate

not

630.

p.

$149,372

—

received:—V.

Selling,

183,050 V

Common (new)
the

heretofore

Corp.

any

170,

343,644

Common

under

Cost

income-

—

on

Earned

horsepower

one

did

line

share

Felt & Tarrant Mfg. Co. (&

Income
As

from

Co.

charges and taxes
outstanding June 30—

Great-West

be

$767,127

of

1943

6 Months Ended June 30—

Sales,

taxes on

„

on

Dividends

gen¬

line

1949

mission.
(2t

Elliott

and

complete

of

193,503

—

received

be

Southern

&

to

yet been

9,204
25,000
191,390
46,u73

-

The

contingent

^2,631

Common

_

—

-

&

Power

securities

Commonwealth

Co.

Co.—

,

2,540,4.50
254,045

Common
Common
Common

Corp.—_
—

Light

&

Fower

A

—

Light Co._

Power

the

200 horsepower.—V.

after

per common

uled

803,229

„

Common
Common
Common
Common

-

—

Southern

•Commonwealth
Florida

under

motors

a

The meeting of stockholders scheduled for Sept. 8, at which a pro¬
posal to increase the number of authorized common shares was sched¬

Amount

.

Common

Utilities, Inc

Birmingham Electric Co._
Atlantic City Electric Co.Carolina Power & Light C'o._

ranging

generators

Formerly,

Co.

Federated Department Stores, Inc.—Plan

: or Principal

Type of
Security

'

•

''./-y'f,:;'-'

Name

and

motors

shares

'".v"

3,196

$801,004

income—

on

_____

Dividends

substantially all of the remainder of the proceeds was
applied to reduce current bank loans.—V. 169, p. 2641.

Shares

•

•i

C.

generators

electric

Elliott

the

Life Insurance Co. of New York dated May 16,

.

,

D.

produces

give

Winnipeg,
Canada.
These notes are repayable in instalments Of
$110,000 each on May 1 in each year, commencing in 1950.
Simultaneously, the corporation placed with The Mutual
Life Insurance Co. of New York a $1,250,000 ZVz%
promissory note, due June 1, 1957, repayable in instal¬
ments of $208,000 each on June 1 in each year, com¬
mencing in 1952.
The proceeds of those notes were
initially applied to prepay in full the balance due on
the corporation's 4% subordinated note to The Mutual

7.81

183,050

27,207

taxes

estimated

profit

total

7.33

$763,931

income

before

Total

6, has acquired the busi¬
division at Ampere, N. J., of

Sept.

Crocker-Wheeler

This division

additions

horsepower.

and

Income

81,680

$773,797

Prov. for

$2,780,528

Privately—On June 16, 1949, corporation
placed $1,100,000 4 V2 % subordinated notes, due May 1,
1959, with The Mutual Life Insurance Co. of New York

the

by

$2,071,329

Notes Placed

5.70

7.80

& Light Co.

which

to

and

and

71,356

162,707

—

.

10,436.343

$557,624

announced on

the

of

Corp.

these

Earnings

BE

TO

plan

25,000

1.450.473

87,031

—j

436,194

$227,747

was

Common

TAKEN UNDER THE PLAN—-After approval of
Commission and by any appropriate U. a. District
approval may be made, the company will take the following steps, ^
(1) Company will, as soon as practicable, sell for cash or otherwise
dispose of the following securities,
pursuant to this plan, to the
extent
such securities
are
not subject to disposition pursuant
to
existing orders of the Commission, or orders v/hich may hereafter
be issued, other than an order approving this plan:
STEPS

this

818,772

336,917

Employees Credit Corp. (& Subs.)—Earnings—

.

46,973
193,503

Co

Co.;

Power

773,807

108,580

6 Months Ended June 10—

% of Total

Minnesota Power & Light Co
Power

130,284

75,000

173;

of Total Vot. Power
7.82
7.82

%

No. of Shares

Court

C.

to

1,623,859

expenses-

(net)——

Balance

Miscellaneous

0.07

0.07

25>°VY

'■■■':•

Montana

It

assets

A.

general
expense

$2,367,440

Co.—Expansion—

and

motors

follows:

Florida Power &

177,634
<

Hendy

erators

to

••

and

ness

100

100

^

American

94,310

——,

company,

Joshua

100

,

Texas

100,710

and

plan

retirement

expense

16,717,139

$2,647,394

396.

p.

Elliott

approved an application for the Itransfer
American & Foreign Power Co. of $19,500,000
Cuban
in exchange for a three-year 6% note °1 Fore.gn
Power in
the principal amount of $19,500,000, payable to Bond and
Share, subject to certain conditions relating
among other( thl"g^>
the payment of, valuation of, and possible defenses against the'foreign
Power note and to the sale by Foreign Power of at leaso $10,000,000
of new Cuban Electric Co. mortgage bonds.
,
"
Upon the consummation of the Section
11(e) Plai*
Ann
Power & Light Co. now before the Commission for decision
the com¬
pany will receive, in exchange for its holdings of sep."f/ticsn®fnJ"l"ic^
Power & Light Co., common stocks of various utility companies,
as

The

22,318

13,653,425

335,258

„

170,

The

1949, the SEC

company
debentures

Name—

379,168

taxes

_

——

___

July 21,

the

52,770

'

administrative

Interest

$4,465,532

sold

profit

Selling,

$3,661,931

Net

26.95

9,204

Commonwealth & Southern Corp.,
common

26.95

46.56

I®,900
2,631

;

*

—

__

goods

Employees'

1949—12 Mos.—1943

$931,576

16.19"

46.56

$2(??.'£«n

account

of

Gross

STATEMENT

EARNINGS

1949—3 Mos1948

income———

—'V.

16.19

254,04o

Birmingham Electric Co., common
Ebasco Services, Inc., advance on

—

"Cost

Profit

803,229
2,870,653
2,540.450

Inc.,- com.

court to enforce and carry
and privisions of this plan
11(e) of the Act.

a

of Section

$591,415

__

_

Other expenses

31.17)

United

"On

taxes

to

terms

the

25,060

income

90.20

& 1,840

——

Utilities,

South

by

apply

provisions

—

(Including wholly-owned subsidiary, General Cigar Co. of Cuba, Ltd.)
Six Months to June 30—r
*
1949
1948
*
Net sales
——1„— $16,300,819 $19,084,579

for
the

85,974

income-.—

25.87

$5

Common
Middle

open

the

COMPARATIVE

Gross

84.71

5.812,884
$19,500,000

warrants—

Electric

Capital

with

——

American

National

may

plan,

necessary,

Period End. June 30—

2.88
17.00

65,809
2,158,236

—

series

accordance

100

$30,000,000
13,800

—.

($7)_.

$6

in

and

this

extent

applying to the Commission
request that the Commission, in
Is

company

Monday, September 12, 1949
General Cigar Co., Inc. (& Subs.)—Earnings

company,

plan

approves

the

to

Co.,

Power

notes

Preferred

Power'

of Total

Amount

Name—Security—
American
&
Foreign

out,

this

of

it

event

Voting

%

Principal

CHRONICLE

such agreements or rulings shall

this plan and

out

the

CONCLUSION—The

following securities:

mately $9,661,000 and owns the

FINANCIAL

&

„n„r„vi

assets of approxi

has net current

the company

hereof,

date

necessary to carry
be satisiactory to

of the proceeds of

be reired out

to

1951, which are
to be sold,

25,

aSBets'yet

utility

COMMERCIAL

from

Net

ry.

—V.

oper.

170,

p.

494..

'

Sales
Net

$10,070,385

$8,741,450

685,085
$1.29

——

-

652,545
$1.22

earnings after charges and taxes

Earnings
—V.

1

share

common

per

169,

L'_;

Main

Net

Inc.—Earnings—

"Earnings

1948

1947

$259,057

$396,410

$0.82

$1.26

share

per

offered

$1.53

"J

$107,822
i ,
$0.34

&

this

"Based

shares

315,000

on

outstanding.—V.

169,

2103.

p.

of

13

an

by

($50
have

struction

be

Gotham Hosiery Co., Inc.

of

company's expansion

be

by

300,000

and

Net

sales

Net

income

U. S.
"

and

Net

before

income

profit

Earnings
—V.

1,598,353

$6,153,558
1,388,218

179,911

taxes—

606,107

579,024

$262,387

$992,246

$2.47

$2.02

share.

common

Union

The

Period End. Aug. 27—

—V.

170,

$8,917,373 $65,902,575 $55,434,105

Grant & Co.—August Sales Increase—

Period End. Aug. 31—

$

170, p.

$

17,189,544

—

—V.

16,146,691

$

Great Lakes Power

Co., Ltd.—To Reclassify Common
of

Great Northern Paper
(Including

wholly-owned

Other

income

station to be built

subsidiary

before

Net

Federal

income

Federal

taxes

profit

the

for

Consolidated

,

income

1948

$3,360,438

Gross

155,480

126,974

Costs,

$4,533,845

$3,487,412

1,682,COO

operating
oper.

$2,851,845

•_

1—

Jan.

$2,165,012
18,919,395

20,479,889

Cash

dividends

Appropriation

holds

placement

of

share—

per

pulpwood

liquidated

tarily

$1

estimated

in

997,480

inventories

prior

of

cost

excess

Net

gen.

(other

than

997,480

(a)

earned

surplus,

June

30

:

$22,234,254

$2.86

before

Federal

Federal

income

income

Earnings

of the Mississippi River.

stock consists of 2,000 shares

capital

stock

income

taxes

$2.07

now

proceeds

will

Baking

no

$4,027,343

which

be

for

used

Gross

sales

and

other

the

Co.,

dt dared

stock

common

Gross

from

Net

from

Net

ry.

railway-—.

$20,609,947 $20,300,261

railway

6,031,737

income—

oper.

2,514,834
1,372,256

4,352,006
2,235,441

taxes,

for

7,243,285

7,382,857

-

$2,519,952

$2,458,544

insurance,

377,572

of

of

dividend

sales

Profit

Interest
Total

$9,841,401

31

and

for

rubber

income

169,662

192,950

153,128

168,560'

321,393

tax

Gross

310,046

238,564

ry.

railwayrailway

117,543,915

109,599,025

18,953,927

21,978,792

6,924,354

10,649,912

87,396',300
13,923,018
5,397,820

101,494,718

20,707,111

_

9,339,046

income—

cper.

Net profit

—V,

—V. 170, p. 494.

Household

Gross

-

■

& Western RR.—Earnings—- *"
V

r

1949

,

from

Net

ry.

1948

1

1S47

$254,151

$263,461

5302,403

'-■20,285

37,100

27,186

income—

''35,125

9,116

"15,394

9,122

oper.

Net

Net

ry.

railway
railway

from

1,995,580

2,100,014

1,800.557

1.509.042

321,609

530,756

450,721

230,540

46,028

164,604

146,587

income—

oper.

Net

"Deficit.—V.

170,

.

"5,458

*$37,724

Green

Interest

guayule

rubber—

ranch

5,736

—V.

170,

$7,457,566

$7,834,231

$52,102,789

$51,438,405

Net

class

Chase
A

National

participating

Bank

$1

been

has

.stock.—V.

par

169,

equal

2462.

p.

The

for

has

company

permission

Ohio

&

to

the

to

the

Interstate

properties

of

Subsidiary—
Louisiana

Missouri

&

River Railroad

Co., a subsidiary, in which it owns 36,255 shares of the
36,517 outstanding shares. G. M, & O. plans to liquidate and dissolve
the

subsidiary

in

company

order

to

simplify

its

corporate

own

structure.
The

M.

provides for G. M. & O. to purchase the outstanding L, &

plan

R.

stock.—V.

170,

884.

p.

(& Subs.)— Earnings-

Period Ended June 30—
sales

Earnings

3 Mos.'49

before

depreciation

6 Mos.'49

6 Mos.'48

$4,488,234

—

$9,242,988

$10,680,123

and

—

income taxes

367,317

Depreciation
Federal

and

state

income

894.822

1,742,990

193,050

386,100

348,132

54,277

—

174,630

563,957

taxes-—

170,

Net

earnings

$119,990

Dividends

on

preferred

on

common

per

common

$830,901

78,496

W.

H.

Earnings

180,000

$0.22

$0.71

The

;

r.at

consolidated

June

30,

liabilities
-to

1

of

the

At

annual

amendment

holders

ently
-

sale

to

showed

4.80

meeting

to

to
p.

of

10,

June

31,

the

subscribe

and
30,

for

$2.09

subsidiaries
and

1949

been

with

Harshaw Chemical
Profit

after

Federal

charges—_

inc.

taxes

per

common

1949

June 30,

Net

Earns,

future

the

approved

was

share

issuance

shares

of

pres¬

reserved

for

$1,820,101

$1,952,673

$685,641

477,550

701,737

856,500

313,500

announced

1,

Louis

St.

price

to

bid

of

lesser

cf

the

that

advance

eight

of

the

electric

NOTE—The
fiscal

$577,123

com.

year

subsidiary,

$1,118,364

293.060

293.0'0

207,290

shares.

$1.97

$3.82

$5.17

interim

beginning
Harshaw

statement
Oct.

1,

Catalysts,




for

the

first

$1,096,173 1

nine

months

includes the one
Inc.—V. 169, p. 2752.
1948,

the

following

special

—

in

loss

between

charges
85,650

.

advances

book value

to

subsidiary-

of Arizona

37,988

96,969

—

ranch

proceeds of sale

—.—

..

81,626

—
.

"Loss.—V.

168,

1043.

p.

International
corporation

Vanness

to

the

Business

Dause L.

Machines

Corp.—Appointment

announced the appointment of Paul T.
Controller of I. B. M. Plant No. 2 at
Since July of this year, he has acted as assistant:

on

Sept.

position

Poughkeepsie, N. Y.
to

$37,988

$264,246

5

of

Bibby, General Manager of that plant.—V.

170, p. 787.

International Hydro-Electric

System—Interest—

A.
Brickley, trustee for this corporation, has filed
in Federal District Court at Boston, Mass., for approval
of payment of $478,224 as interest due Oct.
1 on the system's out-,
standing convertible 6% debentures. Judge Francis J. W. Ford ordered ,
a
hearing on the petition on Sept. 19.—V. 169, p. 2643.

Columbus,
Feb.

wise

in

August,

$1,000

Columbus,

Ohio,

15 of

callable

on

Ohio
National
Bank
of
Interest is payable semi-annually
The

$500.

and

trustee.

each year.
30 days' notice

a

whole

or

in

part,

other¬

through the operation of the sinking fund, at the principal
accrued interest plus a premium on such principal amount
in accordance with the following schedule: On or before Feb. 15, 1951,
at

and

5%

a

1%';
-

thereafter

premium:
and

thereafter

on

before

or

and

Feb.

on

15,

Feb.

15, 1958, 2%; thereafter
thereafter without premium.
bonds

or

1955,

and

before Feb. 15,
3%; thereafter
on

or

1953, 4%;
and on or

before Feb.

15,

1960,

subject to redemption through the operation-of
the sinking fund at the principal amount and accrued interest plus a
The

On
or

15,

principal

such

premium on
on

also

are

or

before

before

1955,
and

Feb.

15,

amount in accordance with the following
15, 1951, at a 4% premium; thereafter
1953, 3% ; thereafter and on or before

thereafter and

2%;
on

Feb.

before

or

Feb.

premium.
Aug.

on or before Feb. 35, 1958, 1%;
15, 1960, Vs %; thereafter without

,

HISTORY—Pursuant
dated

15,

$372,141

177,652
$1.72
of

the

wholly-owned

1949,

,

to the terms of

approved

by

the

a

certain agreement of merger,

respective

boards of directors

duly authorized by the shareholders of the following named
corporations: A. Janes & Sons, Inc. and Henkle Fertilizer Co. were
merged with and into The Columbus Rendering Co. and the name of
the continuing corporation was changed to Inland Products, Inc.
The Columbus Rendering Co. was incorporated in Ohio April 27, 1918,
at which time it succeeded to the ownership of the businesses of three
-firms,
Inc.,

the

1948

1949

volume

_

_

—.—"$25,004,000 $21,356,000

oldest' of

which

was

record

founded

in

A. Janes & Sons,
Ohio, was incorporated

1867.

having its principal office at Chillicothe,

high and 11% above the previous record high of
1947. - ,
out that, with prices lower than last year,

for January
was

pointed

787.

p.

'

: \

International Telephone & Telegraph

Payment for Telephone Equipment for

■

■ •

;

Corp.—Arranges
Argentine—
r \

*

This corporation
the

as

than

amount

sales

Reported—

$22,529,rx,
Augusts
higher dollar volume represents even greater increases in unit sales.^
Demand
has been
exceptionally good in children's shoes.—V. 170,
"A

000

It

Columbus,

Company,

are

International Shoe Co.—Record Sales
Month of August—

Dollar

and Aug.

15

Bonds

petition

be

of

thereafter
1946

Sept.
of

purchase

placed in service between St. Louis, Mo., and
Madison and Granite City, 111., when delivered by the manu¬

Ohio

Feb.

1947

on
Bank

the

of

will

cars

schedule:

outstdg.

shares

per

1948

$29,676
67,664

'

a

Offered—
offered to
Ohio, $750,000 12-year 5% first mortgage
bonds, dated Aug. 15, 1949, and due Aug. 15, 1961.

an

share¬

common

$1,054,673

profit-

ONLY)
1949

*$31,435
54,215

——

loss

dividend require¬
in the 1948 period.

and

Common

•ANY

(PARENT C

;'

——

preferred

RR.—Equipment Loan—

President,
National

80%,

or

residents

5.25

Co.—Earnings—

(est.)

(after

2,002,366

2,445,493.

ended

six months

187,505"

Inland Products, Inc., Columbus, O.—Bonds

The

before

giving

1948

before
for

net

$4,398,037

facturer this month.—V. 170, p. 884.

current
was

1991.

1949

187,505

share

$1.84

„——

$122,703

,

income

and

139,048
36,043

accepted.

These

and

9 Mos. Ended June 30—

$4,689,108

187,505

I

motored
PCC
passenger cars, being purchased
by the company from the St.
Louis Car Co., at an interest rate of
1.69% per annum and with
repayment in 20 consecutive equal quarter-annual instalments, had

1949.

stockholders

excluding

135,002
,

its

$10,462,075

at

Incorporation

shares,

169,

company

ratio

March

at

1

of

right

the

assets

May

on

common

employees.—V.

of

current

Articles

pre-emptive

a

sheet

current

The

with

the

authorized

to

'_„

balance

1949

$1,991,255.

compared

as

stock

to

2,550

38,660

$5,362,332

,

common

Terminal

Ward,

Boatmen's

$226,767

79,683

90,000

share

$334,092

39,250

stock

loss

Net

594.

p.

81,626

:

21,262

1-———

Net

2,445.798

per

$122,708

of Arizona ranch

peso

-

Provision

The

Denominations:

.Dividends

3,097

,

8,622

for ihe

2,443

h

/

stock—

compared

Venice,

Net

$2.12

to

'

The

,

Hammermill Paper Co.

v

em¬

stock

Illinois

Commission

Commerce

the

919,918

3,924

income

58,847-

charges

—

Difference

i

V.

7,138

Bartholomew

RR.—To Merge

applied

acquire

2,628,052

1,304,360

i

net

28,717

$8,051,560

3,019,014

<Cr)

preferred

ments).
—V.

Gulf Mobile

$8,976,919

from

to

income.

transfer agent of the

appointed

arising

etc,

NOTE- The

15,774
'

__

Six Months Ended June 30—

Dividends—cash:

Co.—Transfer Agent—

101,778

—_

$277,468

of

loss

Income

sub-

stock

common

Common

Gulf Atlantic Transportation

7,757,511

1,629,765

compensation
of

I

special

proceeds of salCL

INCOME ACCOUNT

3,660,705

earnings

67;975

$71,797
120,267
12,948

$174,589

following

ihcome

"

$10,648,104

,

Addit'l

3n/4 %

The

9,708,713

the

"Loss.

1947

Dominion

&

income

Sundry income

and 690.

106

p.

operations

Federal

2,732

22,279

Expenses

Minority interest in
sidiary company

1949—7 Mos.—1948

1949—Month—1948

11,352,640

expenses

•

$3,822

operations-

*$21,181

before

net

Net

$22,000,744 $18,685,632 $15,809,071*

expense

sale

Co., Inc.—August Sales Decrease—

1948

1949

$6,554

;

*$43,460

valuation

Subs.)—Earnings—

(&

operations—

from

for

on

ployees,

(H. L.)

Period End. Aug. 31—
Sales

Corp.

85,764

inventories

lor

income

to

'

'

.

taxes

494.

p.

from

income

Provisions
.

from

Gross

Finance

operating

$227,203
42,022

From Jan. 1—

:

income

Total

1946

railwayrailway

from

Net

Gross
•

87,110

-

$92,318

Shrinkage in Mexican assets resulting from de¬

$346,940

$493,649

$513,081
'

594.

p.

6 Months Ended June 30—

.

(Green Bay
July—

170,

%

1948

$49,386

Difference, between book value
and

from

from

Net

on

Subs.) —Earns.

—

adjustment

Arizona

loss

Net

152,028-

Federal

share

1949

Selling, general artd administrative expenses—
Haint. of shut-down plants in Mexico
Provision for depreciation
Miscellaneous charges to income

148,600

amortization

Provision

per

increased from 40,000 shares, par $100, '
outstanding, to 200,000 shares of no par quarterly dividends of 75 cents per
June 30, this year.—V.
165, p. 2671. ^
-

income

851,318

debentures

on

cents

received

(after

from

from

Total

From Jan. 1-—

Net

20

were

market value)

at

336,090

954,485

etc

Receive.

was

shares

guayule

of

Cost

$2,134,424

424,482

taxes, etc.—

to

.jMHI

$9,289,635
7,155,210

Rent

$15,846,210 $13,092,966

6,710,921
3,228,685

2,887,279

1946

1947

1948

Stock

Ltd.—New
a

shares

old

March

on

Other

-

—

available

:

1947

1948

$9,763,238

purposes:

common

21,145

The

Sales

Corp.—Earnings—

inc

oper.

following

(&

$8.25

960,366

expenses

Income
Total

1949

the

Six Months Ended June 30—

i

$7,736,444

$4.30

1949

-

is

shares

by

value.

$9,736,444
"2,000,000

$5,338,343
1,311,000

6 Months Ended June 30—

.

is

stock, payable Sept. 30 to holders of record
equivalent to $1 per share on the old $100 par
outstanding prior to five-for-one stock split-up ap¬
stockholders on May
19,
1949.
At
that time the

par

This

authoflzed

$9,712,525
23,919

have

25^8.

p.

which

outstanding.

1,844,639

taxes

profit (before Federal taxes
$300,000 per annum (from
eight times the maximum
$37,500 on the $750,000 principal

approximately

30, 1949 L
requirement of

bonds

15.

proved

3,257,416

;

169,

statement of net

June

Balance

Ry.—Earnings—

July—

'

of all of the outstanding stock of E. G. Buchsieb,
cost to the company of $649,375; and (b) additional working
for the company.
"

common

$5,267,154
71,189

——

share

per

Operating

Northern

■

,

purchased in Ohio and West Vir¬

—

Great

vegetable

purchase

new

Loss

$2.17

$2.76

;

east

averaged

to

directors

share

—

has

Inter-City
The

$19,986,927

above—

appropriation
—V. 169, p. 2751.

materials

raw

and

20-Cent Dividend—

lease¬

—

Hotel Waldorf-Astoria

appropriation

After

actively

been

years

many

selling and otherwise

animal

a

capital

1948

2,627,773

surrendered

amort.,

a

income

Estimated

Earnings per share:
Before

States

interest

the

Sept.

4,328,866

—

income

"Adjusted.—V.
Consolidated

the

common

1945

l,

Inc., at

of

abandonments

income

Net

100,000

100,000

A

income)

re¬

—_

for

buying,

inedible

area

.PURPOSE—Net

Federal

exp.__

deprec.,

operating

Net

involun¬

years

and

purchases raw materials in a semi-processed state
including Texas, Iowa and practically all States
Mississippi River.
Its products are distributed and sold in

amount of

$12,223,793 $14,854,580

taxes

*exp.,

and

Other

$23,331,734 $21,084,407

paid,

for

to

wide

annual

at

—

______

edible

of the

Jan.

"

Total

■

Connecticut

1949

income

and

Depletion,

1,322,400

;

period
surplus,

earned

taxes

founded

Products, Inc.

Rendering "Co.-'has
manufacturing,

EARNINGS^-Combined
on

Subs.)—Earnings—

Six Months Ended June 30—

1949

(est.)

Connecticut River

the

on

Insurance Co., $1,250,000; and

Honolulu Oil Corp. (&

companies)

_j—_

-

14, 1946,

was

(no par), of which 1,000 shares are issued >
outstanding and .$,000 shares of class B common stock (no par), '
of which 4,000 shares are issued and
outstanding.

the company

Co., $750,000. The debentures are.
to be dated Aug. 1, 1949, and will mature Sept. 1, 1979.
—V. 170, p. 884.

$4,378,365

(net)_

Dec.

on

which

the company
a

class

Mutual Life Insurance

income)
Profit

of

the

•

profit

proprietorship

ago.

% CAPITAL STOCK—Authorized

purposes. The company
has executed purchase contracts for the debentures with
Aetna
Life
Insurance Co. for $3,000,000;
Connecticut

Co.—Earnings—

Six Months Ended June 30—

Operating

166, p. 2419.

Canada, Ltd. below.—V.

with

addition

most

Holyoke, and for other corporate

$

132,531,899 131,388,289

594.

See Middle West Utilities Co.

the

east Of the

$5,000,000 3% debentures, proceeds of which will
used to finance construction of the company's new

General Life

•

1948

2,741,200

3,704,600

1282.

p.

power

1949— 8 Mos —1948

1949—Month—1948

•

Sales

taxes

tures Privately—The FPC has authorized
be

(W. T.)

1949

income

to issue

594.

p.

162,

)In

$89,435,900 $85,175,600

—

Federal

in

and

from

Holyoke Water Power Co.—To Issue $5,000,000 Deben-

1949—26 Wks.—1948

1949—4 Wks.—1948

$10,469,790

after

Columbus

ginia,

^

revenues

income

partnership which

a

dealing
products and
by-products including 'tallow, grease, stock feed, bone meal, hides,
pelts, fertilizer and related products.
E. G. Buchsieb, Inc., A. Janes &
Sons,
Inc., and Henkle Fertilizer Co. have all' been engaged in
businesses similar or related to that of Columbus Rendering Co..

Subs.)

(&

Inc.

sole

a

to

naving its principal omce

and

Co.—August Sales Increased 17.4%—

Sales

Publications,

to

successor

Co.,

incorporated in Ohio

was

Products,

engaged

con¬

-■%::%

successor

Henale Fertilizer

assets added to those of Inland

in

Six Months Ended June 30—

—V.

Grand

Consolidated

Operating
Net

205.

p.

Hearst

Earnings—

$809,194

$0.65

_

per

170,

442,298

taxes

Canadian

1947

$7,823,587

'%■
$5,843,503

——

—

1948

1949

1928.

Inc., purchased all of the outstanding stock of
E, G. Buchsieb, Inc., a corporation organized in Ohio July 26, 1928,
and having its principal office at
Columbus, Ohio,
E. G. Buchsieb,
Inc., was the successor %o a business fouhded approximately 50 years
ago.
E. G. Buchsieb, Inc., has been liquidated and dissolved and its

preierred issue should meet the company's financing needs
through 1951, Austin Barney, President, stated.
The company has
no plans now for issuing the remaining 140,000 shares.—V.
170, p. 884.

(& Subs.)- -Earnings—

the

was

approximately 50 years

smaller offering
' ''^
"•/

a

27, 1946, and was the

rounded in

Washington C. H., Ohio,

and

The

6 Months Ended June 30—

Ohio Dec.

at

''.7.''v-: V

;•/

•

issue

an

make

to

■.

the

finance

to

used

program.

*

approved

decided

has

'■r;

will

stock will
syndicate headed

preferred

par)

underwriting

stockholders

The

management

time.

1-roeeeas

next,

Inland

shares

Sept.

Co.

the

1,

Preferred Shares—

160,000

publicly

snares

at

of

but

Putnam

1943

1949

$482,293

profits after taxes..-

Offer 160,000
issue

An

Globe Union,

redemption on Oct.

for

Conn.

Hartford,

St.,

To

.

6 Mos. End. June 30—

called

been

at 100 and
interest, $70,000 of 30-year 3% debentures 1937 series. Payment will
be made at The Hartford National
Bank & Trust Co., trustee, 777

690.

p.

in

Light Co.—Partial Redemption—

wo.s

have

There

1948

'1949

—^

—

Electric

Hartford

Co.—Earnings—

Gerber Products

3 Months Ended June 30—

CHRONICLE

FINANCIAL

&

COMMERCIAL

Number 4837

170

Volume

Compania

manufacturing subsidiary in Euenos Aires,,
Electric Argentina, have concluded financial

its

and

Standard

telephone mate¬
the Argen¬
Compania Standard
Electric Argentina has issued serial notes dated July 1, 1949 In the,
aggregate' amount of $20,000,000 payable in the amount of $4,000,000
annually over a five-year period with interest at
per annum for,
the first year and 3%% per annum for the following four years.
This
arrangement will permit the resumption of manufacture and shipment
to
the Argentine of telephone equipment from Federal Telephone
Radio Corp., manufacturing subsidiary of I. T. & T., located at Clifton,.

arrangements covering the payment of $20,000,000 for
rial

exported and to be exported from the United States to

tine

N.

for

the Argentine

Telephone Administration.

J.

In order to make possible this operation and in view of the fact that
the materials supplied by Compania Standard Electric Argentina to the.

Argentine National Telephone Administration
are
for an essential
public service, the Central Bank of the Argentine Republic has guar¬
anteed the availability of the necessary exchange to meet the dollar,

under
the arrangement,
thus contributing to
relations with the U. S. A. •
Bank of the Argentine Republic has guar-'
anteed the foreign exchange requirements for the purchase of tele¬
phone equipment from the I. T. &. T. London subsidiary in the amount'
of £1,320,000 sterling and from its Antwerp subsidiary in the amount
of 85,000,000 Belgian francs.
Colonel Sosthenes Behn,
Chairman of the International, who au¬
thorized this announcement, expressed his complete confidence in the
Government of General Peron and In the economic progress of the
obligations

incurred

stronger commercial
In

addition

the Central

(984)

3

THE

as well as in the daily improvement in the social, economic
commercial relations between Argentina and the U. S. A.-

Aigentine,
bud

COMMERCIAL

Philip

:

■■

V'V' ;;;%

;;V■

Gross

;

Net

Condict, formerly President of International Standard
the manufacturing associate of the International Tele¬
Telegraph Corp. of which he was also a Vice-President and
^Director, d.ed Sept. 1 in South Strafford, Vt., at the age of 68 after
te brief illness.—V.
170, p. 399.

from

Corp.,

ry,

&

phone

,

Interprovincial

Pipe

Co.

Line

Gross

Plans

9

raise

to

from

this

by

Albeita,

company,

O.

Company

of

Wis.,

Imperial

1,150-mile

a

were

Oil

pipe

Sept.

the

will

bonds

be

&

offered

will

$37,000,000

States

of

rate

privately
in

be

to

Canada

payable

the

and

companies

insurance

and

United

Canadian

in

the

170,

shares

20

for

shaies

10,000;

will

and

entile

of

$7,500,000

each

convertible

the

debentures.

of

$1,000

capital

of

12

issue

cost

stock

to

to

Interprovincial

be

first

c»ie.,e

o.

•

595.^

&

'

15

Nov.

1338,

Co.

to

;

have

declared

This stock was distributed
Co, common stock of record

to

meet

170,

for

Corp.

Kansas

be

the

tend dissolve

of

that

proposal

a

increase

to

Oct.

1949.

25,

Sept.

on

Aug.

SEC

River

the

are

Kansas

on

River

Power

shares

will

North

to

from
ry.

Co. from

the

earnings

In

after

for

inc.

preferred

21,481,458

the

Net

income from

Development

receivers
the

unit's

of

Net

ry.

Gross

of

Blue

sale

on

Net

from

Net

in

170,

31,

1949,

operating

of

The

the

$3.16

has

given

167,

l

V

310.

ry.

on

Aug.

31,

have

requested
common

""d

1949,

SEC

' :

1948

net

178,910
$20,574

—V.

169,

—V. 170,

p.

165,108,894

against

1946

$519,513

2o0,572

222,112

111,906

70,642

73,024

4,686,050
2,223,354
775,766

4.812.841

3,164,457

170,

2.539.092

1,332.815

l,339,0o4

370,277

<

'

1,699,316
373,581
496.

p.

Utilities

Privately—The

July 31—

-

Co.—To

has

company

1949—Month—1948

-

$6,937,926

revenues

1949—7 Mos.—1948

*

$6,257,931 $46,861,348 $41,745,233

25,727

rev._

2,155

Operating revenues
Operating expenses

$92,102

13,593

$6,912,199

-

148,017

178,069

$6,244,338 $46,683 279 $41,597,216

5,564,640

4,949,065

37,586,053

748,148

695,176

5,033,555

4,618,497

$599,411

$600,097

$4,063,671

$4,009,520

445,139

439,611

2,895,501

2,901,883

Operating Taxes

32,969,199

1,968

$9,572

1,300

725

$94,071
6,250

$21,336

$8,847

$87,821

Net

after

—V.

income...

oper

charges..
739.

170,

p.

i

*
assistance

of

$12,056.

2753.

p,

;|

(George) Muehlebach Brewing Co., Kansas City, Mo.

JLoss.

above figures do not include allowance

for

To Sell Lone

depreciation.

until

(Gi C.) Murphy Co.—August Sales 2.53%
An additional $200,000 of
15-year
been called for redemption on

will be

This

.

St.,

for

115

at The

Chicago,

Is

call

called

made

3%% debentures due Oct. 1, 1958,
Oct. 1, next, at 101 and interest.

in

West

for

made

Monroe

to

the

Bank

i

-

addition

redemption
will be

National

First

111.

Period End. Aug. 31—

the

$175,000

Chicago,

—V.

170,

—V.

debentures

of

Street,

Chicago,

HI.—V.

1949—4 Wks.—1948

$4,520,663

:.v.

1

170,

$8,165,700

1949—34 Wks.—1948

ago.—V.

owned

company,

Ohio,

finance

announced

Sept.

construction

to

Lima,

by a

Jointly

of

Ohio.

that

1

its

by Sun

issue

on

the

mortgage

■

; y

Oil

it. has

Arrangements

of

Co.

31,

Standard

Oil

Co.

arrangements to
pipeline from Longview,

oil

$49,500,000

facilities

and

completed

proposed crude

An

stitutional Investors before Dec.

;/■

170,

*

will

of

be

sinking

sold

to

a

fund

the

August
of

1949

August

as

1948.

group

of in¬

1949—8 Mos.—1948

$1,032,586

$8,993,342

operation on Aug. 31,

$8,401,737

against 88 a

1949,

Inc.—August Sales Off1949—Month—1948

$4,179,607

CONSOLIDATED

income

1949—8 Mos.—1948

$4,404,568 $32,960,495 $32,278,885

INCOME

ACCOUNT

'

1948

1949

J

1947

1946

$24,794,452 $23,625,883 $20,932,681 $19,635,710
449,678
612,419
432,393
446,053

—

$25,244,130

Cost of sales & een- exP-

24,054.570

Interest

$24,238,302 $21,415,074 $20,081,763
20,072.988
18,387,950
23,003,252
22,392

34,974

229.152

217,557

106,795

35,646

86,748

235,493

tax_

257,900

324,600

389,600

Prov. for State taxes™

12,100

14,400

33,400

profit ™<I__™_:,:>> $436,324
Preferred dividends
39,657

$556,610

$575,793

17,628
and

deprec—

Misc.

deductions

Prov.

for

Fed.

inc.

17,628

-

v

358,613

'£

-

286,167

Net

*

453,150
i

82.75Q

United

States

will

1/ 1967, with interest at

3%%.-Six banks, headed by the Chase
National, will buy $16,500,000
bonds due Jan. 1, 1957, with interest at
3%. Sinking, fund payments
beginning in 1952 will retire the bonds by maturity..—V. 170,
p. 595.

Common

dividends

245,869

Earns, per com. share—

;

245,869

$0.64

;

...

$0.84

$669,890
47,978

40,155

39,835

-

.

of

close

bonds

1950.

The
Equitable Life Insurance Society of
purchase $33,000,000 of bonds to be due Jan.

close

the

887.

p.

Sales
Other

Financing

the

at

1949—Month—1948
in

stores

6 Mos. End. June 30—

$8,635,400 $59,822,700 $63,064,700

Co.

at

operation

$997,864
92

were

Neisner Brothers,

2949—7 Mos.—1948

(y'-A

Pipeline

operation

in

National Shift Shops of Delaware, Inc.—Sales—

Amortiz.

The

in

Period End. Aug. 31—

year

Completed—

a

1949—7 Mos.—1948

stores

Total

of

request

stores

595.

p.

Inc.—August Sales Decrease 5.4%—

170, p. 595.

Mid-Valley

•

to

to

period End. Aug. 31—
Sales
i

™_„™™_™

—V.

211

210

were

Sales

$4,898,399 $44,023,736 $46,738,381

1949—Month—1948

Higher—

1949—8 Mos.—1948

recently

sinking fund, payment
Savings Bank, trustee,
170, p. 789.

at the Harris Trust and

595.

p.

com¬

$10,383,211 $10,126,944 $83,238,918 $78,469,965

There

compared

the

of

1949—Month—1948

Sales

38 So.

<

.

,

account

of

from

Nov.

Brewing Co. Stock—See latter

> ;

Period End. Aug. 31—
Sales
to

Star

above..

pany

697

$8,496,226 $68,262,486 $68,654,567

692.

1347

$585,318

336,848

4,151,614

income

Uncollectible oper.

(Oscar) Mayer & Co., Inc.—Partial Redemption—

Texas,

$7,996,626

1948

$717,282

79,755
*73,338

railway

oper.

Operating

4,476

2,4^9
$22,636

cost

Period End. Aug. 27—
Sales

\;y;

4949—Month—1048

j,

1949
$336,316

187,107

$2,940

J387

profit-.

estimated

Retail

Corp.—August Sales Lower—

—L-i.

Ry.—Earnings—

railway^

Period End.

1947

66,512

,

$

authorization

stock

non-infome-p~oducing.
persons

.

Mountain States Telephone & Telegraph Co.—Earnings

Ltd.—Earnings—

$279,210

—

...

Mercantile Stores,

interested

Period End. Aug. 31—
Bales

New

—

Life Insurance Co., $500,000; Continental Assur¬
Co., $500,000; Armour & Company Employees' Pen¬
sion Fund, $250,000; Northwestern National Life Insur¬
ance Co., $200,000;
and Provident Life Insurance Co.,
$50,000.—V. 170, p. 496.

2421.

p.

62,179

—

secured

Lerner Stores

Ohio

ance

Melville Shoe Corp.—August Sales Off 7.7%—

1949—8 Mos.—1948

value

par

1695.

p.

Sidney,

tional

$2.62

169,

$201,515
198,574

costs__

taxes™

NOTE—The

692.

company

lrozen, lur'slab'*

SEC

Co.,

Issue
$1,500,000
received FPC au¬
thorization for the issuance of $1,500,000 3%% first
mortgage bonds, due in 1972. The company plans to use
proceeds of the sale to help finance additions to its elec¬
tric and gas utility properties.
The bonds will be sold, in the indicated amounts, to
the following institutional purchasers: The Lincoln Na¬

6,208,303

62,357

securities

revenue

for

Dearborn

against

20,292,248 167,411,490

oneration

p.

company's $25

tearing.—V.

Tool

income.

•Deficit.—V.

3,599,300

•$199,484

produced-..

Total

Provision

River

listing and
on the New York Curb Exchange.
Among the reasons given for the request are that the company has
liguid assets of approximately $2,500 and current liabilities of
approxi¬
mately $9,500; tnat tue company has no earning prospects and its
are

Machine

oper.

from

Net

registration

assets

2,758,931

; " . :
\
railway—
railway

from

1,250

1949—8 Mos.—1948

Aug.

6,901,225

1949

j__

metals

and

Non-operating

shares.

Leonard Oil Development Co.—To Delist Stock—
The

7,331,0 i 0

*3,015,668

~

Mos.—1948?

'

withdraw

8,334,^.59

4,621,332

from

Bonds

4,290,336

dividends.—V.

V

milled™

ore

of which
on

Fed.

Quarter Ended June 30—

1,250

-v-

ago.—V.

11,286,201

3,520,731

507,669

789.

p.

Net

1947$43,865,183 $41,143,520 $32,470,656

have

1949—Month—1948

Bales

year

38,393,651

income

oper.

170,

Monongahela

1948

charges—.—5,516,250

provision

Tons of

Commander

-

a

1,028,589
45,171,840

16,131,237

railway
railway

July—

<

1949

Estimated operating profit™

$2,417,000 $19,929,000 $19,467,000

operation

Subs.)—Earnings—

July 31—

$2.47

Kresge Co.—August Sales Higher—

Period End. Aug. 31—

units

35,502,030

699,180

1,246,954

.

1949—7

3,390,857

American

and

assets

1949—Month—1948

-"ires

701

$5,603,464

$5,424,730
1,645.379
662,976

43,113,283

from

Gross

$4,164,763 $27,856,690 $28,268,488

taxes

Profit

outstanding

the

*

were

$7,605,596
2,401,482

1,630,363

income™

oper.

f 1946

1947 "

1948

$6,697,933

railwayrailway

.

....

Matachewan Consolidated Mines,

purchase

presently
of

all

acquire

169, p. 2315.

•Earnings per common share on
1,300,000 shares outstanding..™.

Privately—

170, pp. 692, 788.

There

Ry.—Earnings—

1949

There

•

62,578

one-for-four basis.

a

authorization

balance

$2,399,000

—™™

(S. S.)

194,687

92,360

A
new
air-operated collet attachment, designed expressly for in¬
creasing the output of its 15-inch Precision Manufacturing Lathe and
its hand-operated screw machine, the Speedi-Matic, has been developed
by this company.—V. 169, p. 1993.
■
•
''<)
'

Offered—Offering

1949—Month—1948

sales

•After

to holders of

1

V.

see

170, p. 692.

Marathon Corp. (&
Net

company.

1949

2,

the Blue

Blue

Period End. Aug. 31—

'•

271,052

175,U37

•

495.

p.

Monarch

For further details

9 Months Ended

See

company.—V. 170, p. 787.

*04

1949,

the

(G. R.) Kinney Co., Inc.—August Sales Decline-

were

the week ended Sept. 3,

886.

p.

$4,248,826

—V.

Payment

Bales

income—

Montana-Dakota

$25,000.

purchased

purchase

1,285,207
,434,256

855,038

from

Gross

*

r

McLellan Stores Co.—August Sales
Higher-

$36,103,919

initial

an

received

1,250

owns

to

2,582

1,034,873

From Jan. 1—.

•Including

stock

common

.

was

Estimated

shares of

-

first and
refunding mortgage series H3%%
bonds, due
2003, are available at the United States Trust Co. of New
In exchange for
temporary bonds of that issue.--V. 170, p. 886.

best interests.

Acquisition—

Larabee

11,028

11,245

74,^86

railway

170,

Net

'

,

,1949—7Mos.—1948

stockholders of record

common

has

31,456

1,313,313
* ' 290,962

railway

oper.

Net

proceeds from the sale of this issue have not been allocated to
any specific purpose.
All proceeds shall be working
capital and will
be
used
in such manner for the development of the
business of the
company as the board of directors may from time to time deem in its

Southern Ry.—Trustee Appointed—

company

from
ry.

Gross

Net

Increased—

approved

7

.,

—V.

purchase

of Louisville Gas

par)

(no

the

share,

quarterly^dividend of 25
share on the present outstanding common stock, payable
holders of record Sept. 10.

per

79,423
35,421

July

made Sept. 7 by The First Guardian Securi¬
ties Corp.; This stock is priced to the
public at $2 per

Kansas Power & Light Co.—Initial Dividend—

There

for

„

of this company for

Net income after

directors

23,275

*"

'

income

Missouri-Kansas-Texas

(EDT),r

noon

as compared with 40,392,000 kwh. lor the cor¬
last year, a decrease of 19.4%.
After excluding sales
utilities, local sales increased 0.6%
in
the
corresponding

poration

New York, N. Y., has been appointed trustee,
paying agent and Registrar for $3,990,000 2%%
equipment trust
certificates, series I due semi-annually Feb. 1 and Aug. 1, 1950-1964.-r
V. 170, p. 691.

-

stock

common

York,

New

v.

Period End; Aug. 31—

Sept.

on

to

Kansas City

After

St.,

to

up

of 147,500 shares of (10c par) common stock
by the cor¬

The Bankers Trust Co.,

shares

bids

Lowell Adams Factor Corp.—Stock

i>,

,

<$100 par) common stock of the

The

(Ky.)—Bids for Stock—

recevie

1,

York

Peter Morgan & Co. have placed privately 1,235 shares

1

will

Broad

15

/

output

other

Net

Oct.

Co.

Definitive

Imperial

bonds

mortgage

Kalak Water Co. of New York—Stock Sold

cents

Net
Net

from

April

885.

p.

The

298,586

Louisville & Nashville RR-—Definitive Bonds
Ready—

•

$5,236,622 $33,540,421

Johnson—Stock

&

stockholders

170,

5,321,362

lrom

ry.

authorized common stock from 2 000,000 shares to 2,200,000 shares,
par $12.50.
This paves the way for the payment of a 5% stock divi¬
V.

3,880,403

•1,520,024

—V.

Electric

Room

Sales

Johnson

on

2,305,643

•3,082,272

Gross

Net

Canadian

The

outstanding,

1949—Month—-1948
$4,933,749

-

170,-p.

$66,481

5,222

railway

oper.

Net

debentures

directors'

are

Period End, Aug. 31—

dend

26,070,299

788.

p.

250,000 shares of

period.—V.

Interstate Department Stores, Inc.—Sales Off-

The

26,595,436

29,219,114

in

qualifying shares, and the balance
will be sold privately by Interprovincial.
A wholiy-ownea U.
S. subsidiary of Interprovincial, The Lakehead
Pipe Line Co., Inc., will own and operate all facilities in the United

~-V.

of

1947

$128,254

Product—
offer

w.ll

20,012

owns

Bales

ry.

—V.

to

Of

States.

$35,000,000

and

bonds and debentures will be offered through a group
of Investment dealers of which Wood Gundy & Co., Ltd., and McLeod
Young Weir & Co., Ltd., w.ll be joint syndicate managers.

the

it

Electric

portion of the

States

Net

totaled 32,537,000 kwh.,

through underwr.tcrs in Canada; the balance will be sold
with
Imperial
Oil taking
a
substantial
portion.
Inter¬
provincial will reserve 340,000 shares for conversion of debentures at

now

1,108,897

responding week

privately

Of

8 io, 067

495,iVi

1946

1948

$212,886

railway

From Jan. 1—

publicly

•"

from

-Earnings—

1949
$167,912

i

from

From Jan. 1—*

Gas

at

Electric

currency.

Interprovincial

->the

Net

Weekly Output Declined 19.4%—

capital stock.

($50 par)

investors

institutional

total,

United

"1,619,787

1,854,198

" '

July—
Gross

from

4,000,000 authorized shares
other

12

from

Regina-Gretna section of the pipe line, the company proposes to issue
iin the near future $72,000,000 of ZVs%, 20-year bonds; $17,000,000
of 21-year, 4%
convertible sinking fund debentures; and 10,000 of its
The

1,116,863

from

Standard

announced Sept.
Ltd. of Toronto,

Hopkins, President, said that subject to permission being
the Board of Transport Commissioners to construct the

B.

1,215,116

income

•Deiiclt.—V.

'

obtained

$4,996,429

Louisville Gas & Electric Co.
of

construction

to Superior,

affiliate

an

Canada.
Dr.

lor

$90,000,000

Edmonton,

1946

$4,904,410

..

railway—_ * 28,992,528
Net from railway
2,573,646
Net ry. oper. income™
»2t476,4«4

Plans to Finance Pipe Line—
line

1947

$5,0.3,867

railway

oper.

Mississippi Central RR
1948

$4,941,549

railway.™

From Jan. 1—

,

Canadian

—

■' '1949

from

Net

King

Electric

Monday, September 12,"1949

Long Island RR.—Earnings—
July—

Obituary— ■'' "»■V,

CHRONICLE

FINANCIAL

:

102,446

245,869
$0.87

...

V

$3.03

—V. 170, p. 496.

of

.

(R. G.) LeTourneau Inc., Peoria, 111.—New Directorsit.

8,

G.

LeTourneau,

President

announced

that two
Jared
Ingersoll

C.

;are

Ingersoll

Pennsylvania
of

manager

is

.; ;
member

a

Co;,
Bank

&

the

Pa.,

Board,

on

and

Aug.

J.

Sept.

on

23
Thev
Elkins
of

the

boards

Trust

Co.

Co.,

of

A.

of

directors

North

of

New

of

The

For

America

York

City
Co.

Chairman of the Board of Kansas, Oklahoma & Gulf Ry
Mr. Elkins is President of
City National Bank of Houston, Texas and
Partner of the law
firm, Vinson, Elkins, Weems and Francis,
*

At

the

619,000

";.-2 The
in

Star

Brewing Co., San Antonio, Texas

—

Stock

Registered—

Mo.)

the
of
a

Russ

sale

by

213,000

George

shares

filed

was

with

Muehlebach

($1

par)

the

Brewing

common

of
at

will

receive

a

commission

selling company will
issuer

will

the

receive

selling companv
$9.66% a share prior

—V.

Sept.

Co.

stock

&

the

SEC

2

(Kansas

of

Lone

the System

.

subsidiaries

,

*

*

-

^

should, have

/

appeared

under

•

;.

the

above

title.
:

i

•

:

Middle West Utilities Co. of Canada;

City

167, p.

1471.

of

$1.58 Vs

receive

the

entire

of

the

proccds.

none

to

are

to

the

..




ho

of

a

the

&

named

Co.,
as

and

under-

quested

SEC

authorization

from

Officrs
45.000

whole

stock

stock.

Middle

and

of

the

issue

directors

the

213,000

West

and

par

of

transfer of

shares

Middle
and
;

.

,

$715,000

Co.,

Ltd.

(Ontario)

have

re¬

to -purchase
additional
Great, Lakes to reclassify its
.

.

•

(no

of $3,968,880
value.
-

par)

valued

proposes
common

into

Great

330,740

to

Mavis
from

Nestle-LeMur

finance

..

p.

2519.

Lakes
its

states

that

construction
J

the-

program

reclassify

having

additional

for

some

It

name.

notes

held

by

Middle

of

its
an

then

outstanding

aggregate

common

with

stated
a

$12

cash

years

investment

to

would

come.—V.

149,

announced

also

was

at

the

time

of

the

that The Nestle-LeMur Co. is distributor of famous fine men's
manufactured by Ed. Pinaud, Inc. : ~
'

toiletries,

General

Co.,

have

*

offices

been

for

all

moved

executive

from

.

departments of The Nestle-LeMur
Meriden, Conn., to 902 Broadway, New
.

.

v.:;-

Dissenters to Merger to Receive $8 a
The

stockholders

of

The

Nestle-Le

Mur

Co.,

Share—

who

dissented

to

the

terms of

the merger with Joubert Cie. Inc., of New York, have reached
an
out-of-court agreement on
the price of their shares.
Holders of
Nestle class A stock were offered 1.1 shares of new common for each

share of

class A stock, which had $34.57 a share in unpaid dividends.
a settlement negotiated by Cunningham & Co., investment
Cleveland, Ohio, the stockholders received $8 a share net. The

Through
firm of

Great

Nestle

J

York, n. Y.-

Lakes

shares

of

Cologne;

the

.

by the companies at $534,620.

stock
new

Vivaudou's

Egyptian
Henna.
Mavis
Talcum
Kerkoffs DJer Kiss Talcum Powder will be
Plant in. Meriden, Conn., as well as from
its newly
acquired factory in the Bronx, New York City, which is
said to be one of the 10 most modern plants in the East.
,The Nestle-LeMur Co., originators of permanent waving and manu¬
facturers of a complete line of women's hair preparations, recently
merged with Irresistible, Inc. and Blue Waltz, Inc., manufacturers of
lipsticks
and perfumes,
with
the
surviving company.-bearing The
Powder,

West

for
.

of

securities

thereafter

value

for

Lakes
.

Power

purchase 22.496 (r.o par)
common
stock
of
$2,249,620. Payment would be made by $1,000,000 in

West,

for

Lakes

Lakes

Mavis

distribution

The:

.handled

would

Lakes

cancellation

Great

Great
.

cash,

shares

shares

in

Great

.

Ltd^-Proposed

-V..*

Great

company

Laboratories, Inc. of New York City.
r

merger

and

company

52,496

share.

proceeds

offered

offer

Citmar
arc

at

'

Co.—Expansion, etc.—

Chairman of the Board, on Sept. 6 announced
has purchased
at
an
unrevealed
price the V.
and Kerkoffs DJer Kiss divisions of the Universal

Handel,

F.

the

Vivaudou's

Input of

84,786,000

kwh., an increase of 2,the corresponding % week/of- last
year.* '

.

5,

Acquisition—

pro¬

Star

share.

writers and
The

1949,
to

over

•

issue of Sept.
170, p. 886.

common

statement

Co., Dewar, Robertson & Pancoast,
E&uscher, Picrcc
Co., Inc., all of San Antonio,

and

kwh., or, 3.1%,

common

registration

posing

1,

same

Lone

$11.25

Sept.

amounted

that

items appearing under the heading "Middle Wbst Utilities. Inc.''

our

See V.

The

A

ended

Correction—

'

meeting Elmer E. Isgren was appointed to the new
office of Executive Vice-D-esident and
Cyril D. Stapleton was appointed
Secretary.—"V. 170, p. 788.

'

week

corporation

a

and

Benior

also of Houston.

the

this

Nestle-LeMur

•

George

Middle South Utilities; Inc.—Weekly Input—
of

of

Insurance

Central

of

elected

were

of \ Philadelphia,

also

RR

the

Chairman

directors

new

Houston, Texas.
Mr.

and

company's
dissenters

legal
held

bid

for

about

the

stock

was

17,000 shares

so

5'/8.

the

It

is

understood

settlement

$136,000 cash (Cleveland ."Plain Dealer").—V. 170,

that

required

p. 306.

the

around
*

Volume *170

& Electric Association—Output—

England Gas

New

THE

Number 4837

COMMERCIAL

&

Palestine Economic

~

FINANCIAL CHRONICLE

(985) ' 9

Corp.—Three'*New Directors—

CONSOLIDATED BALANCE SHEET MAY 31
'

For. thfe

.

Election of three

this Association reports electric output

we'ek ended Sept. 2,

of 15,500,591

kwh. This is a decrease of 693,648 kwh., or 4.28% below
production of 16,194,239 kwh. for the corresponding week a year -ago..
Gas output for the Sept. 2 week is reported at 115,882,000 cu. ft..
This is an increase Of 906,000 cu. ft., or 0.79%
above production of
114,976,000 cu. ft. for the corresponding week a year ago.
>
the

For

ended

month

Gas

Is

a

year

and Robert Szold is Chairman of the Board.—V.

Aug.

522,308,000

To Purchase Additional Cambridge Electric Stock-—

;

Three Months Ended July

hearing.—V.

170,

'

887.

p.

'

*

other

and

plant

Good

—

will

31—

••

f

Total

New Haven

Water
called

have been

Co.—Partial Redemption—

!

tional

&

Bank

Trust

5"%

"Earned

™

per common share!—

"After

Conn.—V.

Haven,

of

170,

New
p.

trustee,

Haven,

42

.

...

$463,240

$400,061

State

640,525
634,043

644,465

§647,415

$7,435,355

$8,783,888

$176,122
325,818
176,143

:

Federal

$337,150
680,430
191)047

616,818'

624,193
$0.42

Nil

.

franchise

and

local

and

&

taxes

35,667

,

accrued int.

110,675

taxes

on

income

,

Res.

for

73,992

140,000

Inventory losses-!
contingencies™™,
(par value $20 per share)

190,000

possible future

Corpmon stock

572,669
866,668

,

660,010

—

$0.32

preferred

64,777

29,800

(estimated)Long term notes payable to banks
Res. for esti.
remaining cost of past service
annuities under, Employees' Retirement Plan-

Pennsylvania Coal & Coke Corp.—Earnings—
(incl. wholly-Ojvtted ' subsidiaries)l

j

Church

1

39,703

suridry__-_.
Customers' advances and credit balances-.
"Accrued salaries, wages and commissions——
Payroll taxes and taxes withheld from employ,

dividend requirements.
tLoss.
§ Equivalent- shares
$25 preferred converted from $100 6% preferred.-^V. 169, p. 2755: ■'

for

Co;

1

69,169

LIABILITIES—

$25,336

:

$25 bfd.f shares™.
No. Of $5 common shares™.!™.:

redemption oh bet. 1, next, at 100 and
interest, $17,000 of general and refunding mortgage 3%%
bonds,,
series B, due Oct.' l* 1975.-" Payment will be made at The First Na¬
New

3,303,790
313,520
2,180,585

2,203,862

—

,Acounts. payable—trade

Res,' for" p6s$ible

There

1,515,142

2,943,336
313,223

(net)_—™™_

equipment

,

•

bf

$1,431,147

960,473

.

assets™

and patents
charges

-

of "Sales.

income

Net

No.

'

_

(net)

—

and

Property,

1949
„
1948
1947
.
12,469,726 k 3,759,918
3,164,449
$10,360,256 $14,261,285- $10,040,944
Income before ^Federal taxes™.™— ,$49,664
' ~623;240
508,886
Federal tax provision—:—I.:™-.,',, Cr75,000
160,000
108,825
sold

Tons

"Aiilbunt

The company has requested SEC authorization to buy an additional.
3,400 shares ($25 par) common stock of Cambridge (Mass.) Eleciric
Light Go. at $150 per share, a total of $510,000. New England pres¬
ently owns all the outstanding common stock of Cambridge.
Cambridge will use the proceeds to replace funds used for construe-,
tion.
The SEC has given interested persons until Sept. 20 to request
a

:

Investments

receivable

1948

$945,291,

;

:

and accounts

Inventories

170, p. 888.

Deferred

1949, is reported at 505,547,000 cu. ft. This
16,761,000 cu. ft., or 3.21%
below production of
for the corresponding month a year ago.-

ft.

cu.

1

notes

1949

*

Cash:

Trade

subsidiaries)

domestic

"

Peabody Coal Co. (& Subs.)—Earnings—

ago.

of

ASSETS-—

Sept.' 2. They are: Boris Margolin, President of; the Tioga Silk
Co.; Benjamin-Glazer, President of the Advertising Arts Corp., and
Maurice* H. Blinker^ President - of the Exchange Trading Co:; all of
New York City.
\
...
.
Former Governor Herbert', H. 'LShmaii is -Honorary Board Chairman

otltput for August,
decrease

a

(Including

by this corporation

on

31, the Association reports electric
output of 69,466,987 kwh. This is a decrease. of 331,643 kwh.t or.
0.48%
below
production of 69,798,630 kwh. for the corresponding
month

directors watf announced

new

200,000

•

4lb~667

futtire

409,142
2,850,000

2,850,000

Earned surplus /™_!„-,—

2,521,133

2,348,013

$7,435,355

$8,783)888

•

Period End, June 30—
Net

Street,

income

after

1949—3 Mos.—1948,

,

taxes

$5,577
164.8S8

1949—6 Mos.—1948
$117,211 •
$50;987

$25;605
164,888

$0.03

Shares outstanding

$0,15

,164,888

EarriingS

1

stfarel—

per

-V.

$0.31

:

—

170, p.

889.

164,888

$0.71

'

790.

Total

Pittsburgh & West Virginia Ry.—Earnings—
"

,

RESULTS FOR THE

-

New Orleans Texas & Mexico
*•'
:Gross from railway....
Net from railway
July—

Net

1949
; $480,282
*6,433

..;

1946

$561,891

340,075
4,489,860
1,821,927
1,966,526

4,908,434
1,749,510
1,480,131

4,639,198.
2,142,412
1,772,589

202,324
215,072

earnings
:
Operating-expenses and

railway
railway......
©per. income™.

from

Net

ry.

"Deficit.—V.

170,

496.

p.

on

from

allied

$9,120,000

equipment trust certificates. The
installments from Oct. 1, 1950,

in

887.

%-v-

_

income

!

n

16,210

126,594

71,251

'$776,177
taxes

$627,463
'§127,354

/

1-33,399

™>™.-™_.__.

"191,000

(est.)

income for the period
-Earnings per share„——

;;

$155,844 i

from

1946

$157,975

$164,321

*32,765

$243,317
78,052

25,222

23,412

*51,764

61,006

16,318

71,713

1,490,772

$114,735

from

120,401

376,558

1,300,561
317,192
259,704

1,213,825

381,054

1,749,969
608,044

railway
income...

oper.

ry.

"Deficit.—V.

170,

$123,524 loss

entitled: to

were-

was

miums

was

278,655

sale

on

$2.81

.

$182,652

"$i"69,823 T; •;

of

mine

<

:

;

Northern States Power Co.

$138,898

properties.—V. 170,

497.

p.

their. call

receive

in

retired

premiums

Interest

1946.

to

date

at

of

time

the

pre¬

such

payment of

some

week

last year,

170,

after
to

p.

Oak Mfg. Co.—Annual

the

returns,

Sales, less
discounts

allowances

t

Deprec. of prop., plant and equip—
Gross

profit on sales
and administrative

Selling

1948

and

™™_.__™™_-™™_™^

sales

of

Gross

1947
-.

..

expense

operations——;_™„
Royalties received and other income

from
ry.

oper.

GlOSs

190,194

;

Total

$1,302;795

™„™™_..—-.x__™_™_^.

and expense on fuhded

26,358

debt..

$1,781,606
* -98,552

$2,061,251

0 ■'%■.-)-

;U■

Prov. for Federal income taxes

506,000

Dividends

-.1

on common

$776,437

360,188

>

Earnings per common share.—..

$1.73

-

Net

from

Net

$1,247,597.
/ 292,653

$2.52

from

Gross

$2,111,257
63,660
^
800,000

$1,136,760

360,094

-

stock——.

I

COMPARATIVE BALANCE SHEET,

'

ASSETS—
Cash in

V/-% ■'.

■■

banks

Accounts

and

and

..

V-':

-

-

-5,229,140
1\ ■ '•/:

'

ry.

Gross

"^7;475'

income.™

-: T9,011":

fiom

from

Net

ry.

"1,461,877
*2,942,850-

railway..:—
income—

oper.

-

1,353,084

and

exp.

on

Prepaid insurance !

'
.Canadian royalties in trust
Other

debs

'

redemption

'

1,425

'

'

in

operation

on

called forVlredemption;on Oct 7, "hext, for.the
sinking fund, $7,357,000. of first'mortgage bonds, 414%
1, 1972, at 104 % and interest,Payment will be made
at the Old Colony Trust Co., 45 Milk Street, Boston. Mass.,
or at
the Seattle First Natiqnal Bank, Seattle, Wash.—V. 170, p. 889.'

"1,145,211

'

1949,

31,

Aug.

V.

7,043

ended

output

Sept.

3,

against

170,

Amounts

payable
witheld

payment
bonds

of

$4,95^754'

349,536

Total

oper.

expenses™

Net

oper.

revenues.™

*$27,267

income™.

3,268

5,578

10,418

10,165

*$23,999

$37,845

$360,181

$425,305

taxes

and

purchase

comm.

32,029

39,366

for

for

the.

Ord.

Dividend

payable

Prov. for

taxes

June

15,

1949

and

June

income

inc.—non-cc,mm.

taxes..

■i

surplus

Capital

:

Treasury common stock (235 shares at cost).™

»•'

•■Interest

Total

2.655,552,

1490.

$248,577

earned

discounts

and

income

earned

$4,957,754- i
:

- -

;
•

S

Barnsdall

Corp; above.—V.

169,

p.

2531.

Ded.

'

70,315

.

—

$334,072

;

Sept. .2 filed-a

statement

/

1,200

100,000
4,503

50.000
2,046

.4,957

,

;

SEC.

:>

"proposing the sale t>f 828,920 shares
3

'

($100 par) common" stock lor
$100 per share, an aggregate of $82,920,000.
The .shares are J;o be offered to the common and preferred stock¬
„

-

shares

of common

or

of reserve for

possible Inv.en-

reduction

For

annuities

preferred held on. Sept. 23, 1949. "The
will expire on Oct. 17, 1949.

of

Transferred

200,000

surplus for year™-!™——

■

surplus

-

-s.™

170, p.

$217,461%

$199,223-

'

*$16,516.

'

88!3.

$6,173

,

:..

on

directors on Sept;

7 took n&

1, J949.—V,

170, p.

890.

l

Reeves

"dividend

Paymbnts
including

j

.

Br6thCrs, InC. (& Subs.) —Earnings—
)june 30—. *
<1949
i948

4 56,000

—-

$61 467,448 $68,410,034 $49,025,066
' *5,953,042
4,129,050

Net income after income taxes—4,677,690

O O O OO

$386,850

19|7

,

sales

r

;

*

action with respect to A

Years Ended

™*™,™

Net

™-r:™r_.———r-^--——-■

to

$621,392.

.1

reserves:

possible inventory losses—-.
estimated remaining eost of past service"

thp sale to .the




186,249

was

The

July

200,000
$136,850

$72i,392

Common

'
Earnings per share—
,$2,71
.
$5.06
company are estimated at $82,740,000
"Including write-downs totaling $282,377, Ibade ; during year ended
and* will be used first to reimburse the company's treasury for past
'•^MTay' 31, i949:, Of inventory items considered slow-moving and obsolete.
Construction expenditures and then toward reducing its .bank loans'
NOTE—Provision for depreciation of property,; plant 'and equipment,
amounting to $107,760,000.
included in costs and expenses;, amounted to. $123,229'for the, fiscal
To finance its construction
program the company has,
since the
year 1349 and $113,378 for the fiscal year 1948.
,
■
beginning' of 1946; "Fold four debenture issues totaling $325,000,003
.and $86,335,200 par value of common stock. It anticipates additional
This rstatement "does ' not1-include any profits or ' losses of foreign
financing in. the future for construction, to -fee obtained "initially
subsidiaries.;
Nodividends- were
received from those companies
-through temporary borrowings.—V. 170, p. 888.
"during the year.
:

of

170,960

'

Total,,—™-!For

right to subscribe to the "new stock
"The offering is not .underwritten.
Proceeds

11,400

to

normally payable on or about Oct; I on the xommon" stock.
of
15
cents per share had been made quarterly to and

$821,392-

tory losses^———.—_!—.——

Add

,

holders of the company on the "basis of one share of new common for.
each five

280

income-

trans,

Radio-Keith-Orpheum Corp.—Omits Dividend—

563,500

90,325

•.

$136,850

the

$385,472

B. Gorin, Budget Director of this' corporation since April,
Sept 2 was elected ^Treasurer, succeeding Arthur B. Tuttle,
Uppointed Director of Foreign Investments! In this position,
Mr. Tuttle will be associated with the RCA International Division,
which, with more than 130 major distributors, held representatives, and
associated companies, sells.RCA products In all markets of.the world
open to trade.'—V. 170, p. "889.
'
who

23,218
,

35,12)

on

.

with

$388,421

,

Plan_-™-_——r———
;
equipment scrapped and sold
—
and miscellaneous deductions
Federal taxes on Income (estimated)-———.

Co.—Registers Com.—

registration

$17,573

*

Radio Corp. of America—New Treasurer—

1949,

$1,518,770'

1,765

'

company

93,811

*$16,236

,

Ernest

.

service—Employees',

Discounts allowed

Deduct^provision

net

incom©

earned

7,056

17,957

long-term notes payable—
charges—other—_—,^_:™_-

from

*Deficit.-f-V.

61,903

.

.

1,412

'Retirement

Loss

■11

Pacific Telephone & Telegraph

113,045

76,786

20,700 -•

f

income

Net

.

"

The

180,878

10,380

29,528
11,688

Net

'

See

120,133

$366,238

*$34,070

4,68?

^

———

—

Payment on account of past

;

144,596

$284,329

income-

11,066

'2,694

;■•; '

Interest charges, on
I' Interest

Ogden Corp.—^Proposed Consolidation—

$486,371

30,022

income!

ordinary

$1,434,056

11,074

---------

7 Total...

.702,878

Dr2,249

$4,839,097
p.

profit

from associated corporation-:—

Miscellaneous

:

-V. 169,

$428,925

$10,741
11,212

from ord.-

Extraordinary- inc.inc.
(Chges)

450,235

3,070,894
680,805

61,066

68,744

-•

$46,763

*$13,376

«■

$9,701,745 $11,416,944
*8,134,584
8,693,451
1,318,584
1,289,437

.1.^!———!———

Commissions

"

.

-

goods ■sold-.!-—l—

Dividends

238,960

surplus

™__;

of

"Operating

44,064
290,060.

450.235

8,918

10,623

.

ordinary inc._

Ektraord.

1948

.,: 1949

;

96,Oil

45,663

122,184

liability for redemption of debentures
(final amount paid June 15, 1948)
Common'stock (par vaiue $1 per share).

$419,140

•

*

15,

(net)

6,909,179

$349,765

'

Gross

(Including Domestic Subsidiary)

Selling, administrative and general expenses.

Current

Earned

sales

Cost

90,000
other than Fed.

Prov. for Federal income taxes

__

increase
Ded.

"

Net

-

income

Operating

corresponding week of last year.—

"Years Ended May 31—

savings

of

$7,324,319

6,607,129

$32,267
'

p." 889.

•

"J™—_

$6,956,894

138;

(The) Pfaudler Co.—Annual Report—

446,533

:

,

(trade and other).
from employees' earnings

1949—7 Mos.^1948

1949—Month—1948 '
$913,579
$1,016,416 *
940,846
v 984,149

revenues™

v

$4;839,097

Accounts

Communications, Inc.—Earnings—

oper.

3*6

of this company and its' subsidiaries
1949 amounted to 139,620,000 kwh., an

been

Total

Net

LIABILITIES—

have

Period End. July 31—

;V'vr'v':''

1,957,000 kwh., or 1.4%, over the

.

series due Dec.

i 1949—r-Month—-1948
1949-r-8 Mos.—194'8
$3,722,593 - $3,803,596 $30,295,654 $29,680,358

170, p. 694.

electric

The
of

,

'

,

coVnmoil for each share : of Southeastern

Service

;

account Pf the

215,210

Philadelphia Electric Co.—Weekly Output—

week

and

-sinking fund payment in excess of redemption price of 10-year 5% convertible debs....

;

units

142

ago.—V.

year

1

"""878

425

—!

of " debentures

.

Puget Sound Power & Light Co.—Partial Redemption

6,013,659

-

Public

Only if at least 80% of each class of
southeastern stock is offered for. exchange.. .Southeastern presently has
outstanding 4,832 shares of preferred and 40,000 shares of common.
The proposed exchange is a step. in the program of .Public Service
to acquire and make part of its electric utility system substantially
ail of the propeities now operated by Southeastern.—V. 170, p. 598.

Other

17,928

C'94

!!_—:

■

for

a

24,266

—

^—!—

-

There-werfe

;>

10,632

i

20,385

,—

amortization..;

less

assets

Premium

Sales

1,034,691

Unamortized discount

Patents,

858,212

1—
1

(rieti..™—

of

Exchanges are to be effected

305,335

, 219,113
*1,407,204

*321L240

>1,937,321

497,

Period End. Aug. 31—.
-

889,904

equip

p.

^

exchange would" be made on, the basis of 4Va' shares pf Public
common for each
share of Southeastern preferred, and 'IV2

R. C. A.

680,055

and

170,

shares

exchange

Southeastern

par

563,768'

6,384,901

6,5,30^478

5,409,523

requested SEC authorization to
stock for shares of the $10
.cumulative preferred' stocks

common .and

Peoples Drug Stores, Inc.—August Sales Lower—

$2,137,041'

(at the lower of cost or market)—

Prop., plant

-

Indiana, Inc.—Exchange Proposal
of

1948

%

636,193
Inventories

889.

p.

par

.There

railway™..

"Deficit.—V.

and

.

170,

common

shares)

$1,567)771

527,174
237,363

-

no

common.

1946

IS48:,—; 19.47
$1,500,.765

$1,511,763
366,194

$1,171,139
195,918

—

its

Service

f-

1949.

railway.—i

railway

oper.

Net

$2.77'

$2,123,995

;; receivable—trade

Y.—V.

N.

The

■'."•:•.%■ /

■

-FromJan. 1—»v-

31

1949

■*

hand

on

notes

MAY

mortgage bonds, 3%% series,'.due .1978,; are avail¬
Guaranty Trust Co. of New York, 140 Broadway, New

first

the

at

par 54/2.%
series
Indiana Power po.

"

U

of 'the

nierger

•

$100

from

Juiy-ri -v:.ut",

:

,* Net income.

of

Pennsylvania Reading ^Seashore Xfwes-^Earhings—

50,006.

$1,880,158
83,398
660,000

-

a

at

The.company has

1946
9,752,567

railway..™ 524,576,897.563,553,308 512,328,459 453,080,360
Net from railway
79,555,015
80,646,301
65,797,624
27,690,878
Net ry. oper. income—
26,796,372 25,225;478 16,102,839 *1,056,046
"Deficit.—V. 170, p. 889.

,

Int.

able

$75,050,499'

7,128,407;-4,389,238

2,504,777

income.,.

From Jan. 1—

>>

$2,880,053
818,805

$2,621,959
840,353

$1,103,601

from

791.

York,

ri'fV

••;■

,

Net

•'■•1

.

;
1949
,
1948 \
"1947
railway™-' $57,949:264 $88,13li799 $73,679,533
railway-..
' 9,064,063" 16,657,874
10,718,760

-

%. Profit

;

authorized

15,

Public Service Co. of

from

Net

;$8)071,817 $10,738,885 $12,138,279
6,115,717
8,047,990
9,191,616
,79,708%
68,936
66,607
$1,876,392
*
772,791

has

Braddock

Definitive

paying agent has informed stockholders that it is prepared
169, p. 2317.

July—

1949

Commission

Power

Merger

;

888.

p,

Report—

31—

139,071
125,637

Public Service Co. of Colorado—Definitive Bonds—*

make the payment.—V.

Pennsylvania RR.—Earnings—
Years Ended May

71)599

2,483,690

wholesale to Virginia Electric and Power Co..<
<
on Sept.
27 will consider an agreement of merger
1949, providing for the merger into this company of
Light & Power Co. (a wholly-owned subsidiary).—V. 170,

Aug.

Iraddock

Electric Co. will not seek review of the, decision of the
Appeals and is making arrangements for payment of such
premiums and interest at an early 4^te< Funds to make such pqyment*
were deposited in
escrow by Associated Electric'Co. in 1946. Payment
will be made only upon presentation of the stock certificates and only

(Minn.)—Weekly Output—

decrease of 3.2%.—V.

a

80,340

t

stockholders

dated

:

:

of

power

The

such pre-*'

also provided for.

of

Court

*

Electric output of this company for the week ended Sept. 2, 1949, ;
totaled 61,103,000 kwh., as compared with 63,123,000 kwh. for the cor¬

responding

$454,500

Light
Power Co, which operates in Arlington
County, Va., into those of Potomac Electric Power Co. Braddock is
a wholly-owned subsidiary of Potomac Electric.
1
Under the merger agreement, Braddock will dispose of all its electric
facilities and other .'assets to PEPCO, and PEPCO will acquire all'the
liabilities of the subsidiary company. PEPCO also, will cancel all of
Braddock's
outstanding securities, consisting of common stock and
demand promissory notes, which it now holds.
'•
Braddock -'presently serve$ the Pentagon Building, and approximately
2,000 other customers ih Arlington County.r In addition, it furnishes

$0.69

Associated

579,543

496.

p.

$3.35

,

Cost

Federal

facilities

On Aug. 31, 1949 the Court of Appeals, Third Circuit, affirmed the
decision of the .SEC. that the. preferred stockholders of the company,

ferred

railway..™

.

3,862,'907 *
1,000,008
677,820

'

of Braddock Light & Power Co.—

42,000

Pennsylvania Edison Co.—Preferred Stock Premium—

1947

':%•

.107,216

-

Potomac Electric Power Co.—FPC Authorizes

24)188

37,000

j

1948

1949

177,716

'4,66$,627 ', 4,903,093
1,046,808
1,670,297
820,283
1,104,260

railway.™.
Net from tailway..
Net ry. oper. income.„
—V. 170, p. 498.

$180,923

•

$463,109

$551,778 "

'"After' chgs. fof depb"and"deprec.

From Jan. 1—

Net

;; i5;4oo

123,280

< "Net

Connecting RR.—Earnings—

July—'■'■/■
Gross from railway.— *
Net from
railway.
Net .ry. ©per. income.™

91,986

19^6

$625,415
177,006

1

from

Gross

$93,462-

under

oper.

•

'income

to

Prov. for income

".'".V : !;,■ ■'%%• 1

.

296,-520

r#'

Gross

§Includes

New York

;Net

18,540

cos.

" $485;469

——„_1:

2,853,971

certificates are to
to Oct. 1, 1964.—,

annual

in

170, p.

Gross

7,603,875

"*$634,357

agreement

Sundry hicome

has issued invitations for bids to be received Sept. 21

company

mature
V.

$7,697,337 v

The

The

<102)320

railway J.:—
Net from railway—s.™
Net ry. oper. income—
From Jan. 1—

leasehold

4,766,727'
2,434,632

RR.—Equipment Issue—

1948

$775;928

from

Gross

1947

1949

$572,458

July—

.

1947

.

"9^153,695

9,948,623;

..™™™™._....._,...„.

Charges

New York Central

.

$9,639,164

$10,582,980
taxes:.™

JUNE 30

i1948

...

„

"

profit

>

,

1949.

^

Divs.

from

Net

MONTHS ^ENDED

Gross

From Jan. 1—

Gross

12

.

$522,680
% 169,752
169,822

$591,393
162,712
".' 77,609

income™.

oper.

ry.

Ry.—Earnings—
;1948 v;' vf 1947

shares ^outstanding—^
common share—™^.

Earnings per
.

1,137,681
■
$4.11

1,137,681$5.23 '

1,137,238
-

'

$3.63

$1,000,000 provision for replacement of "last-in, first-out,"
Inventory at estimated replacement cost and excludes $459,015 special
credit's applicable'to prior periods.
>
?After

tAfter

provision

"last-in, first-out"

of $370,000'for replacement of

inventory at estimated replacement cost.

"

.

K

,

*

.

J." M.. ReCves',:

President,'"stated "thai the lower

sales

Volume

Vas

.primarily to" the slackening dertiand in-that period for all textiles
—and
secondarily to lower prices. ' Inventories on June 30, 1949,
due

aggregated $9,585,034, approximately the same as reported a year-ago.

10

Dividends

$1.75

totaling

share

common

per

paid

were

St. Louis-San Francisco & Texas

the

during

report states, an increase of 50 cents per share
for the preceding 12-month period.

past fiscal period, the
total payment

over

liabilities
the

year

With

assets

June

on

that

realization

the

30,

Gross

totaled

last,

immediate

the

readjustment

business

eventual

an

During
Phenix

the

postwar

year much
been
installed

Gross

would

Mills

has

of

increased

ing

number

the

the

to

duroy

The

filament

fabric

trains,

fabrics

of

brand

new

seat

a

new-

Net

and

covers

Gross

from

Net

from

Net

ry.

railway
railway

income-

oper.

708,810

317,603

.

from

Net

from

Net

ry.

15,884,425
4,347,239
1,755,569

14,077,459
2,465,997

railway

562,014

income—

oper.

from

Gross from
Net

Net

ry.

806,371

about

ry.

1,809,938

Securities

Brief

to

Dealers

the first time that 1,000 dealers were

the

across

nation

by

Rochester

Gas

Electric

and

has

Corp.

shares

835,000

of

outstanding, all of which is held by General Public
Corp.H In the offering each original stockholders of GPU are given
the right to buy one share of Rochester cdmmon for each 10/ shares
of GPU common held of record Sept. 8, 1949.
Transferrable subscrip¬
expected

are

*1

■

[

.•

Sept.

expire

to

30.<

if

The directors

the

for

GPU

to

Rochester

for

for

each

Rochester

10

all

common

nationwide

owned

expire

of

group

Boston

Corp.,

Pierce,

Fenner

by

835,000

of

stock

shares

GPU

will

at

GPU.

3

■

*1,409

2,036,908
180,934

2,004,133

1,845.218

1,788,092

62,411

4,699

67,780

income—

*313,452

*442,542

*446,629

170,

Co.,

the

Ltd.,

East,

Far

amount

Ltd., Honolulu

have

Sept.

at

the

Bank

fixed

Manila

agents,

of $1,500,000

amount

was

Operating profit
Sundry income

on

able

was

straight

a

Gross

shares

Total

negotiate

to

bank-loan

of

(EDT)

The

INCOME

ACCOUNT

(ESTIMATED

Net
-V.

Profit
Other

exps.__

—

profit

ry.

•Net

FIGURES)

of

and

The

715,487
140,148

zuelan

-

security

$231,623

$491,295

,

—

dealers,

with

The

First

$817,486

$260,865

$491,295
_—._

55,000

65,915

(est.)

166,295

in

1,447

/

74,950

10,969

$5,356,904

$4,667,268

620,011

4,020,051

3,750,018

115,027

739,147

580,745

$88,605

$81,001

$597,706

$336,505

Balance

43,886

—

-

363,214
be

to

if

55,170

316,467

window,

a

newly designed Rusco Combina¬

of

with

its

Magic Panel

Ventilation, is
conditioning.—V. 170, p. 792.

window

and

it

will

be

operated

wholly-owned

as

of

income

to

1948

1947

1946

*5,172

93,357

16,999

24,949

*56,030

82,334

*31,926

*13,466

income

railway
railway

3,116,405
*93,343

July—

$477,110

$430,506

3,603,252

3,264,772

2,840,037

324,300

*134,247

*25,119

*7,659

*505,159

railway

3,554,116

"V /.'•

170, p.

695.,

/_

695,

for

>

new

1949—7 Mos.—1948
$

1,226,545,275

1,021,489

2,330,704

$136,516

$379,679

5,653

5,916

5,004

$152,569

$142,169

$385,595

$234,419

51,731

53,910

105,053

1948

1947

_

$88,259

$280,542

$126,221

elected

three

committee

dividend

directors

headed

by

the

to

five-man

$1,321,829

539,582

646 514

313,277

$1,087,870
133,617

171,917

452,984

175,428

65,879

income—

—V.

railway
railway
ineome—

Charles Levy, Frederic H. Taber and Thomas

that

ithe

stockholders

Reconstruction

approved by the RFC and details

Sept.

6

took

payable

has
to

been

a

of

on

action

no

for

had

approved

Finance

Corp.

the
This

four

the

of
discontinued.

stockholders

The

officers

22

will

corporation to Shell Oil Co.

See

Sept.

on

Sheraton Corp. of

of $15

corporation

of

stock

has

in

received

response

13,806,022

10,691,700

9,807,788

5,163,538

3,274,711

2,924,336

1,033,400

3,055,264

Sept.

6, has been extended ten

1,522,625

977,309

4,016

share

for

sale

The
to

the
tax

in

12

oil

with

good

a

flow

of

light

oil

;

Lost

Soldier

horizons

field

in

the

and

which

Sand

Draw

field

and

the

in

Sand

Well,

Draw

the

have

not

from

the

'

as

company's

of

pipe

block

a

line

:

yet been

pene¬

said.

announcement

approximate middle

to

of

its

Sinclair*

Z;'yv/•/.*•'

'

10,698

•.

■

1949—3 Mos.—1948

income_____ $40,737,754

time limit

deposit

to Sheraton

on

1949—6 Mos.—1948

$44,596,192 $82,365,491

32,879,524

31,906,077

64,060,862

$85,492,980
60,764,450

income

$7,858,230 $12,690,115 $18,304,629 $24,728,530
43,138
Z)r9,501
68,325
I)r4,622

(net)—

$7,901,368 $12,680,614 $18,372,954 $24,723,908
92,481
95,981
185,546
192,546
1,736,600
3,146,100
4,331,200
6,132,800

taxes—

$6,072,287

—

shares

per

com.

outstdg.
sh.___

10%

24,

$5.11

stock

Sept.

to

the

and the absorption of
business in Venezuela which
directors

and

consider
also

V.

are

changing
170,

dividend,

1948,

and

stockholders

a

their
the

on

the

days

stock
same

shares

request

with

basis.—V.

p.

the

name

of

793.

Operating
Oper.

$18.74

March

10, 1949.—V.

the

to

shares.

170, p. 245

1949—3 Mos.—1948

$4,990,208

revenue

1949—12 Mos.—1948

$5,002,349 $20,957,884 $18,984,496

expenses,

etc

4,420,969

4,321,171

18,450,934

15,955,945

operating

rev

$569,239

$681,178

$2,506,950

$3,028,551

"

Net

Other

income

Gross

784

Interest

35,127

28,022

$684,613

$2,542,077

$3,056,573

_;

Federal

State

3,435

$570,023

.

income

23,086

income

income

13.577

92,394

16,065

.1,038

994

5,695

12,751

204,330

248,366

909,450

1,132,292

8,188

10,399

.39,903

54,765

$333,381

$411,277

$1,494,635

$1,840,700

$0.31

$0.38

$1.38

$1.70

.

tax

tax

income

Trust

170,

•'

p.

695.

-

•

.

See Public Service
'

\\

Co.

r

,

of

.

;

'

'

Southern California Edison
Period Eni.June_30—

Operating
Oper.

*

'

•.

154, p. 250.
.'V

.

*

'■

Co.—Earnings—

1949—3 Mos.—1948

taxes

&

.

1949—12 Mos.—1948

$24,026,719 $22,535,515 $98,442,433 $90,215,736
17,881,404
18,397,777
78,411,465
76,917,792

revenues

expenses

Co.—Exchange Offer—

Indiana, Inc. above.—V.
'

v

Net

Net

operating

income

$6,145,315

Co.

of

Buffalo

$4,137,738

360,220

786,201

nonoperating inc

Gross

income

$6,505,535

—

other

deductions

income

;

$5,031,407

dividends

1,441,470

&

Preferred

1,474,128

dividends

Earned

1,942,288

$3,468,838 $15,570,337 $10,193,78C
1,399,248
5,764,340
4,508,73<

per

com.

1,195,067

5,605,551

$874,573

$4,200,446

$911,452

$0.87

$0.65

$2.39

$1.79

share
<•

,

output of

3,131,000

this

kwh.,

responding week last

as

year,

4,773,59£

.

Southern Colorado Power
totaled

1,863,119

$4,923,939 $21,894,087 $15,240,232
1,455,051
6,323,750
5,046,446

$1,565,401

—V. 170, p. 402.

ituectric

$20,030,968 $13,297,944

2,024,536

Balance

695.

<

Southeastern Indiana Power

Common

of

170, p.

$11.66

Southeastern Greyhound Lines (& Subs.)—Earnings—
Period End. June 30—

Net

for

Marine

$9.61

98,135 shares,
distributed
10% stock dividend, 107,948

endeavoring

Ford Hotels Co.,
tenders on a basis
minor expenses, in five-year notes.
of the 169,855 Ford Hotels shares
request fcr tenders, wlich expire .1
to allow holders of the remaining

165,839
to

$9,438,533 $13,856,208 $18,398,562
981,342
*1,187,423
981,342

*1,187,423

the

America—Acquisition—

a

outstanding.

in

about

miles

income

distributed

Int.

capital

subject

to full normal

_

declaration

the

on

present

company's

9,542,542




found

(

■

.

expenses

stockholders

—V.

all
such
adjustments
as
rapidly as
possible so
that
operations will not be affected by any unabsorbed contingencies.
The
current
position of the company is good with a strong cash
position.—V. 169, p. 949.
1

This

laws)

being worked out.

are

conclude

Inc.,

owned);

tax

,

degree gravity
the

between

been

income

Common

about

or

operations there at

phase

2,331,226

170, p. 599.

lies

charges—

etc.,

Net

on

level

from

(86%.

tax.-.

f

quantity of 36

located

income

Prov.

890.

share in cash and $15, less
Clie E^crntcn firm row has 97 6%

From Jan. 1—
from

are

announced

ordinarily

low

the

losses

$3,972,616

Co. *(86.5%

1

No.

Total

-

board.

Joseph D. McGoldrick, former
now Chairman of
the Board of

Sept. 30.
A distribution of
10 cents per share was made on June
30, last, compared with 15
cents on March 25,
1949, and in each quarter during 1948.
G. H. Westby, President, stated that while operations in the United
States, Colombia, Canada and Mexico had continued on a profitable
basis, these earnings have been offset by continuing losses in Venezuela
due to adjustments in
personnel, overhead, capital assets and inventory
to

$1.00

to

Petroleum

corporation's equity amounting to
in
1946
in
the
consolidated
net
Co.

(under present U. S.

well

Other deductions

directors

the

$1,940,092

Happy Springs

is

Net oper.

Earns,

Seismograph Service Corp.—Omits Dividend—
The

amounting

Venezuelan

of

Petroleum

Earns, per com. share—
-

1946

$1,781 138

include

equity

$1.71

108,198

$100,838

____,

management

p.

corporation's
income

and

.

.

$229,415

borrowing of $1,750,000 from

this

Ry.—Earnings—

the
net

Lost Soldier

is

and

2,236,537

$149,695

Wilson.

170,

12,051,203

/-■

$3.70

quantities of light oil and gas and in which the
two weeks ago from the Tensleep horizon
production of 2,440 barrels a day.
The most productive

at

oper.

three-way contest for control of this corporation ended on Sept.
it was announced that stockholders'
groups
opposing the

has been

20,476,207

/:

■

$2,465,952

2,874

The ousted directors

loan

2,551,858
4,600,000

Oil & Gas Co.

of

the

well

Costs

1949—6 Mos.—1948

of New York City and
Thompson-Starrett Co.; elected two directors—Mr. McGoldrick
and
Henry Smith of J. A. Ludlow & Co., a brokerage firm.
A group headed
by Charles S. Bresnick, head of Cordovan Corp.,
a sandal
manufacturing concern, elected one director, Joseph K. Blum.
Louis
Segal, President of Segal Lock,
and Sidney Kuttin, VicePresident and Secretary, were reelected to the board.

—V.

2,053,692
8,400,000

$2.44

Period End. June 30—

$2,710,383

_

_

had

3,092,019

17,150,000

on

not

1947

has

Gross

949,460

_

_

five-man

4,407,786

1,315,898,671

when
A

1,299,038

11,074,081

Wyo., refinery.—V. 170, p. 890.

Segal Lock & Hardware Co., Inc.—Opposition Groups
Elect Majority of Board—To Borrow From RFC—
The

1,482,855
10,413,404

464,451

completed

in

Net

management

2,134,259

13,817,808

______

area

and

acres

¥

$

2214.

p.

31,576,180

44,295,509

does

initial

an

The

$1,158,005

(net)

income

169,

42,826,158

30,049,817

produces large

Other

-V.

1,526,363

80,954,046

less Venezuelan income

formations

$1,099,155

revenues—

income

2,194,767

the company said.

which

4,461,344

170, p.

$

1949—3 Mos.—1948

Oper. exps. & taxes

Net

$

Skelly Oil Co. (& Subs.)—Earnings—

Oper. revenues

Other income

1946

$

59,002,605

Venezuelan

considerable

:

Period End. June 30—

oper.

1947

$

181,737

1948

in

company

Seattle Gas Co.—Earnings—

Net

but

production

•

i,

2,662,901
-V.

1949—Month—1948

184,715,610 193,813,128

in

of

The

earned

to

Shell Union Oil Corp.—Plans Change in Name—

$1,374,822

railway

oper.

the

8,400,000

share

testing

gas,

*270,847

1949

ry.

which

on Sept. 2 reported the successful drill
Happy Springs in Fremont County, Wyo.,
with
an
indicated production
of- approximately
1,000 barrels of 37
degree gravity sweet oil daily from the Dakota sand at 6,535-6,600
feet.
Earlier tests from the Frontier sand at
5,888-5,957 feet showed

6,534,429

4,513,660

future

St. Louis Brownsville & Mexico

from

1949,

securities,

40,631,391

___

stock

surtax

stem

earned

1,701,420

transferred

be

to

__

The

Net

30,

of

1948

—29,270,068

The Sinclair

and maximum per¬
charges
are
made
.

Period End. Aug. 31—

subsidiary,"

$593,027

ry. oper. Income
*429,151
•Deficit.—V. 170, p. 498.

Gross

or

com¬

Vene¬

event of distribution

Sears, Roebuck & Co.—August Sales Declined—

Th

$413,359

Net

Net

June

issuance

the

the

402.

Unit Has New Well—

capjtal
charges are made against income—^—,
after fixed charges and other deductions.-

fund

178,531

conception

railway
railway

oper.

to

reimburse

1949—7 Mos.—1948

681,351

transferred

sinking fund
capital
fund

Comptroller

from

from

to

14,549,831

consolidated

income

Earnings—

1949—Month—1948

surplus if sinking fund and minimum

8,

From Jan. 1—

ry.

used

2,509,788

tax

in

per

$1,792,701

$8,377,030 $10,053,846 $74,667,858 $79,739,755
615,791
6,310,215
921,318
8,430,786
702,347
1,011,350
6,845,735
8,966,576

against income

7,583

$816,039

1949

Net

be

78,444,258

subsidiaries—

owned),

$120,000

$270,000

income—

Interest deductions

111,852

from

Net

interest,
issue

2,193,183

profit

the

and

income

missible

$4,674,851

$907,248
706,791

July—

from

National

of

of

aband.

holes

int.

common

1949—6 Mos.—1948

$5,367,873

Rutland RR.—Earnings—

Gross

date

4,058,084

!

income

Earnings

sub¬

Manufacturing Co.—Acquisition—

Corp.

from

the

$

depletion

dry

Federal

a

surplus

30.

170, p. 792.

Net

the

to

the rate

at

(& Subs.)—Earnings—

_

leases,

Minority

-

revenues

oper.

Balance

8.

Sept.

&

1948

29,242

income—

Sept.

record

of

The purchase of the asbestos plant will give the
company a supply
of asbestos yarn of the best quality at a low cost for a
good part of
Russell Manufacturing's needs, he stated. See also V.

Gross

issued

at

54,944,521

„

Deprec.

$1,087,258

(est.).

Total income

—V.

share

Rochester's presently outstanding
offering is being handled by a

1,600

streamlined

oper.

would

through

p.

(net)

income

•Includes

income

oper.

Net

Williams said.

from

be

to

prevailing

income.

Interest

'

Seaboard Air Line RR.
Ry.

one

Williams, President, on Sept. 5 announced that this company
has purchased the Howard Asbestos Co. of
Northfield, Vt. The price
paid was not revealed.
"The
name
of
Ehe Howard company will be changed to Russell

ry.

170,

—

Total

167, p. 1698.

of

M.

Net

capitalized

says.—V.

income

1949

Period End. July 31-

.

B.

Net

notes,

securities

the

been

oper.

$1,569,556
887,946
190,315

—

—._

Sales

Corp.—Earnings—

has just announced

company

entirely new

Gross

the
year,

per

basis,

on Aug.

paid
Philippine and United States Income tax

the

of

tion Window,

Mr.

that

287,670,896 316,374,100 226,832,398 177,547,517
Costs., oper. & gen. exp. 232,726,375 237,929,842 186,201,007 147,497,700

•

Asbestos

$2.04

shares—

Boston, would be discounted

6 Mos. End. June 30—

to carry out the

necessary

Interest

price of

a

(F. C.) Russell Co.—New Combination Window—

G.

210,000

$461,842

$1.95

surplus

share—226,584

2%

from

not

trated

308

Russell

210,000
$440,751

__:

&

promissory notes not exceeding $1,700,000 fac«
time outstanding, and with a maturity date not
from the date of issuance or renewal.

said
of

of

excess

•Net

evidencing rights

10

rate

held

$908,848

Net operating income.
Net after charges

an

one

year

company

•Includes

new

134,673

$671,842

on
Aug. 23 that the Federal Power Commission
application from this company asking authorization

any

application

together with Theo. H.

agent,

$

1949—Month—1948

revenues

Operating revenues
Operating expenses
Operating taxes——

This

206,030

$650,751

for construction expenditures made prior

pany
have

Beane

&

Uncollectible oper. rev—

The

12,260
$50,556

stock

common

an

one

Proceeds

;

Lehman

Rochester Telephone

p.

to

Sinclair Oil Corp.

—

for

Period End. June 30—

170,

16,721

$46,996

____

unsecured
at

in

Int.,

—V.

$806,514

renewal.

498.

p.

company announced

Gross

Operating

$856,780

•338,909

railway

COMPARATIVE

V-

<

j

Bros., Wertheim & Co. and
Merrill Lynch,
acting as dealer-managers.
The fee payable
soliciting warrants and for selling stock will be 85
per share of the Rochester stock.—V. 170, p. 890.

dealers

.cents

&

•Net

common

p.m.

than 800

more

.V.

Share—

per

Corp.

warrants

The shares being offered represent

to

*3,802

shareholders.

mailed

were

the

warrants

offering

common

stockholders

subscribe

Public Utilities

of General

share

a

corporation

scription

*65,623

Calendar Years—

V

Offering Price of Common $28.50

to

*55,145

income—

Operating income
Operating and selling expenses
—
Administrative, general and mill ofiice

common
Utilities

stock

warrants

$62,816

announced

was

Canceled

"briefed"

Corp. and Rochester Gas & Electric, is divided into
parts. The first part, entitled "Progress and Power in Rochester
and
the
Genessee
Valley," portrays the operational
and
financial
aspects of the Rochester company in its service area.
The second,
prepared by the dealer managers, outlines the method of dealer parti¬
cipation in the proposed financing.
j

GPU

55,375

rehabilitation program,
31.
The banks that are participating
on
a
pari passu basis are the Bishop National Bank of Hawaii, the
Bank of Hawaii,
both of Honolulu, and the National City Bank of
New
York, Manila branch.
This loan is repayable in five equal
annual Instalments starting with a payment of $300,000 on June 30, 1950.

presentation
theatre chains.

Utilities

$28.50

65,944

multiple

the

two

tion

11,201

as

same

.

17,754

Bishop Trust Co.,

which

film, similar to a "first run" booking of
The First Boston Corp. believes such a program will represent the
most
graphic disclosure of information about a company and the
mechanics of an offering ever given to securities dealers.
The film, jointly sponsored by The First Boston Corp.,
General

f

2,114

$63,717

_

comomn

received

not

San Carlos Milling Co., Ltd.—Bank Loan, etc.—

the

new

simultaneously

Public

$309,374

financing in

Simultaneously

Offering—

on

This is believed to be

the

14,393

Approval of Bank Loan—

Shawmut

1946

1947

$313,168

oper.

Davies

General Public Utilities Corp.. The First Boston Corp.
representative of the dealer managers.
The 40-minute documentary type
of film
was
shown Sept. 8 to
securities
dealers
in
New
York,
Rochester,
Boston,
Philadelphia,
Cleveland, Chicago, San Francisco and Los Angeles as soon as the
Rochester registration statement became effective.
It was shown Sept.
9, in Pittsburgh, Hartford, Detroit and St. Louis.

of

Dt 132

1949

stockholders of

almost

$804,400

Dr 109

__

_

per

issue

The

RR.—Earnings—
$279,530

•Deficit.—V.

The First Boston Corp.,
Lehman Brothers, Wertheim & Co. and
Merrill Lynch, Pierce, Penner & Beane are acting as dealer managers
of a nationwide group of securities dealers who will solicit subscriptions
and
sell
stock
in
the
proposed offering
of
Rochester
common
to

acting

It

amount

railway

from

4,988,560

Sept. 8 and 9 with the exhibition of a 16-mm sound film in color at
securities
dealers meetings
across
the country, in connection with
the proposed offering of 835,000 shares of company's common stock.

is

to

$307,841

oper.

Net

15,724,867

technique in the presentation of information to dealers
company and
an offering of securities was demonstrated on

a

has

170, p. 498.

railway

from

Gross

-

Across the Nation
brand

*146,861

*326,239

From Jan. 1—

334,934

Rochester Gas & Electric Corp.—Sound Film Used for

A

1,016,016

*169,896
*344,909

railway—.—

from

$842,388

dividend requirements

Earnings

1,136,796

*329,259

1948

from

The

Time

4,791

1949

Net

$62,947

♦23,608

*165,289

July—
Gross

2,935,247

$63,825

(net)

applic.

later than

1946
$2,223,930

1,699,384

*26,604
*49,723

1,106,262
_.

$3,739,647

3,325,751

(net)_

income

Seeks

San Antonio Uvalde & Gulf

14,508,441
4,368,398

deducs.

Bal.

$177,663

22,325

railway

$4,168,138

238,538

1947

1948

47,714

„.

railway operating income-

•Deficit.—V.

—V. 170, p. 498.

First

railway,.

$301,485

276,701

income

Preferred

$157,919

$208,411

—_—

railway operating income

Net

railway

income

Gross

-Earnings—
1949

railway

Net from railway

Prom Jan. 1—
Gross

'

Inc.

Sacramento Northern Ry.-

169, p. 2147.

•/' 1947
$2,038,937
547,133
216,962

1948
$2,307,700

1949
$1,858,502
410,609
10.4,713

178,012

394,960
109,524

170, p. 498.

in

use

307,258

Other

2,077,989

568,687

Net

mono¬

for

2,328,856

771,446

From Jan. 1—

Richmond Fredericksburg & Potomac RR.—Earnings—
July—

—V.

income—_

oper.

2,812,070

2,638,209
665,218
191,072

railway

railway—_—

Net

accord¬

13,

suitable

ry.

has

year

plastic

woven

hotels and restaurants.—V.

offices,

to

from

1949—12 Mos.—1948

$340,526

income

oper.

Co.—Earnings—

1949—Month—1948

revenues

Oper. rev. deducs

Utility

Net

the

Group

Reeves

"Reevon,"

is

automobile

for

the

in

during

fabrics

from

Net

Gross from

One new brand is "Reevroy," a pinwale cor¬
sportswear which has already found a wide

and

other

market.

and

branded

more

statement.

suiting

for

buses,

two

income—

oper.

Operating

$335,623
78,767
38,164

$404,512
146,784
63,940

182,615
91,724

July—

and

in other plants or is on order.

machinery has been installed
Introduction

new equipment for Eagle
is in operation.
Additional

the

of

past

ry.

$424,667
163,443
68,453

railway

railway

Sierra Pacific Power.
Period End June 30—

1946

.1947

$480,827

From Jan. 1—

of abnormal demand,

years

from

Net

the report
points out that the company instituted several years ago constructive
measures
in
preparation for
today's buyers' market.
Included in
these
is
a
continuing
modernization
program,
expanded
research
towards the development of new fabrics, and increased sales, adver¬
tising and promotional campaigns.
follow

from

Net

Monday, September 12, 1949

Ry.—Earnings—

1948

1949

July—

$20,612,811 while current
totaled
$5,971,766.
Net
working (capital at
the close of
stood at $14,641,045 compared with $14,271,435 a year earlier.

Current

FINANCIAL CHRONICLE

&

COMMERCIAL

THE

(986)

Co.—Weekly Output—

for the week ended Aug. 21
1949
compared with 3,393,000 kwh. for the cor¬
a decrease of 7.7%.—V. 170, p. 890.

company

Volume

170

Southern

Number 4837

THE

'

Co.—May Increase Dividend—Stock Offering

COMMERCIAL

Canada.

Planned—•

of

increase in the 15-cent quarterly dividend was indicated on Sept.
by E. A. Yates, President, who also stated that the company prob¬
ably would offer to the public $12,000,000 to $14,000,000 of common

owners

An

7

the

stockholders

common

Oct.

of

Commonwealth

will be distributed to
Southern Corp.
after

&

1.

The

He

increase
on

said

the

dividend

20,

according

in

Sept.

that

the

is

expected

to

contemplated

be

to

authorized

the

by

Yates.

Mr.

financing
program
of
the
Commonwealth
&
Southern
system
that calls for
Taising $168,000,000 in the three years through 1951. Of the total,
About $94,000,000

cluding
the

is

cash

on

of

bonds

sale

'.from

the

hand
of

and
the

offering

Mr.

in

Yates

1950

be

part

was

about

earnings,

of the

internal

derived from

retained

common

late

offering

stock.

The

this

latter

fall

with

in¬

sources,

$29,000,000

operation would include
remainder coming to

the

early in 1951.

or

probably

cent

July

with

compare

11,020,000

shares

a

ago.—V.

year

170,

certificates

land¬

tinuity of mining operations
10,000,000 tons annually.

non-producing

undivided

gas

of

beneficial

other

is

interest

ownership

instrument

an

of

fractions

in

carries

which

with

it

l/4,000ths

beneath

Zandmer,

registrants

individual

the

Messrs.

from

and

Kelly

The

interests

The

holders
on

rentals

to

the

of

the

in

tract

securities

offered

and

future

in

will

will

The

to

accrue

Operating

revenue

Oper. exps. &

cash,

participate in

them.—V.

production

end

wells
bonuses
and

12,018,000

$4,710,591

$3,398,787

580,311

614,456

$5,290,902

*—

$4,013,243

income

$

$

$

J

Gross

97,670,553

$4,807,868
207,492
$5,015,360
993,108

Income

$4,022,252

Income

13,911,420

15,158,381

28,532,057

Int.

&

income

income

deducs

other

1,085,119

511,448

$6,438,530
1,639,411

1

$4,205,783

$3,501,795

$4,799,119

—_

—V.

income

170,

:

403.

p.

trust created under tha
the recent reorganiza¬

has been held in a voting

District

Federal

during

Court

170, p. 928.

Television

Inc.—Enters

Products,

Electric

Sylvania
Field—
The

12,688,477

11,573,545

expenses—

23,340,894

corporation

2,337,875

962,810

5,191,163
1,453,592

3,432,714

6,644,755

378,801

1,009,987
1,883,000

2,726,000

1,965,397

2,105,913

616,598

The

$449.95.

to

models

have

10-inch,

8,357,838

776,488
807,000

to

$199.95

16-Inch tubes.

12V2-inch and

7,049.605
1,308,233

3,548,885

income

2,469,904

1,211,010

credits

from

ranging

7 entered the television field with a line
be retailed under the Sylvania name, at

Sept.

on

receivers

home

nine

of

25,287,763

prices

Gross

Net

Corporation Com¬
$1 par

value common shares on a

par

32,337,368

charges

Federal

general

no

basis.

the

of

113,779,937

Profit from operations
Gross

SEO

126,202,610 146,117,305

73,232,690
58,074,309

1

profit.*.

outstanding

for

tion.—V.

49,384,549

...

for share

exchange

The common stock

1949—6 Mos.—1948

2 filed with the California

Sept.

on

direction

63,295,969

sold

goods

94,108

$6,344,422
•,

the

diversified, open-

a

application for authority to issue common shares of

an

in

Selling, adv., admin, and

Operating income

.

Other

company

share

$23,726,634

18,918,766

of

as

(Calif.)—To Change Par Value—

Sunset Oil Co.
The

mission

(& Subs.)—Earnings-—

$

23,660,729

15,990,138

with

statement

registration

a

was

future

148.

170, p.

1949—3 Mos.—1948

sales

Cost

$15,416,787 $30,005,151

$20,700,729

taxes

t

filed

has

company

company

value

Net

1948

t

organized on Aug. 25, 1949
management type investment company.

The

existing or future lease, in proportion to

any

respective Interests held by

Period End. June 30—

1949

1948

as

in

Mine

the

interests

paid under

offered

the

the sellers.
offering are non-producing.

Zandmer,

covered
of

the

be

sale

the

Standard Brands Inc.

-Consolidated-

-Company1949

con¬

high

as

With SEC—

(Including subsidiaries operating in the United States)

12 Mos. End. June 30—

rates

covering a proposed offering of 77,900 shares of capital stock ($25 par).

Proceeds

Southern Natural Gas Co.—Earnings—

at

years

many

*

,

Co.

•

tons

several hundred million
properties and the

of

company's

for

Errington

the

from

■

Prudential Trust

the

and

the

Stein, Roe & Farmham Fund, Inc., Chicago—Registers

agreement

Myron

1713.

p.

conveyed to the Prudential Trust Co. by virtue of a certain trust
dated March 23,
1949 between Dixon S.
Kelly and S.

were

of

areas

11

August of this year estab¬
lished a
new
monthly record for the company, with a cumulative
total of 725,000 tons this year to the end of August.
The company
forecasts a total production of 2,,200,000 tons for 1949 with estimated
net
profits of $1,500,000 after all charges and write-offs.—V. 169,

the tract
Ltd., trustee.

coal,

than

potential

ore

an

other

and

Shipments

interest.
of

certificate

indicated

has

these

in

of the mineral
with the legal title vested
in the Prudential Trust Co.,
The fee simple title to an
amount in excess of 28% of the minerals beneath the Malmberg tract

599.

p.

out,

interests, perpetual in duration, and covering ail the
produced or saved from the entire tract and represented

and

drilled

added

that earnings for the 12 months ended Aug.
31,
would be about $1.19 a share, which represents a oneincrease over the amount leported for the 12 months ended on
31.
The
12,020,000 shares
of
common
stock
now
outstanding

3949,

fractional

are

(987)

unit

per

royalty

The
the

offered

securities

oil

from

$45,000,000

subsidiaries, and the remaining

of

market

sale

expected to

contemplated

the

The

rights,

directors

priced at $247.50

are

approximately 2% mineral (royalty) acres.

by

stock during the final quarter of this year.
The 12,020,000 common shares of this company

certificates

The

CHRONICLE

FINANCIAL

&

taxes.._

948,000

"Sylvania Television," brand name of the new line, is manufactured
by Colonial Radio Corp., Buffalo, N. Y., a subsidiary.—V. 170, p. 247.

612,596

Co.—Registration State¬

Transmission

Gas

Tennessee
ment—

Net

Southern New England Telephone

V

Period End. June 30—

..

Operating

Co.—Earnings—

$4,137,401 $25,027,734 $24,109,378
7,046
54,103
40,476

$4,283,110

revenues.—

Uncollectible oper. rev

Divs.

9,964

common

on

•Earns,

per

.

•Based

Operating revenues.—
Operating expenses

192,500

385,000

385,000

952,358

1,587,263

1,904,716

3,174,527

share.

$0.56

$0.60

$1.06

3,217,260

$24,068,902
19,014,128
18,487,119

$1.46

405,505

2,665.890

com,

170,

3,242,439.,:
453,457

Steamship Corp.

Six Months Ended June 30—

—V.

170, p. 695.

$507,590

$3,293,577

$3,124,267

471,490

419,747

2,672,662

2,623,000

$2,620,278

$1,232,899

$3,409,332

883,821

591,258

490,633

Prov. for estimated income taxes

$577,250

operating income.
Het after charges——*

1947

550,000

73,000

1,000,000

preferred stock,

the

added

Proceeds
the

1948

and White, Weld & Co. - are
prices of the stocks, the inter¬
and other details of the offering are

underwriters.

of

amendment.

by

the

of

SEC
stock

Securities Corp.
1*he offering

Webster

&
as

rate
be

Earns.

(& Subs.)

Special reserve

Net

Stone

est
to

Standard Fruit &

2,457,516

the

($100 par)

599.

p.

Sept. 1 filed a registration statement with the
sale of 100,000 shares of cumulative, preferred
and 40,000 shares of common stock ($5 par).

company

proposing

named

3,174,527 shares outstanding.—V.

on

The

1,182,401

$4,130,355 $24,973,601

$4,273,146

Operating taxes

557,665

192,500

stock..

stock.;

pfd.

on

Divs.

5,019,242

3,751,768
1,181,381

Depreciation

1949—6 Mos.—1948

1949—Month—1948

income.—..**

issues will

The

construction program of

for the

used

be

that

estimates

construction

this

pro¬

100,000

1949

Operating profit
Deprec., amort, and abandonments.
—

*

.

„

company...

company

,

involving expansion of the capacity of its pipe line system, will
aDproximately $148,000,000 .and be completed by the winter of

gram,
cost

1950-1951.-

....

25% Stock Dividend—
Southern Pacific
(Incl.

System—Earns.

Co.—Transportation

separately operated solely controlled affiliated companies)

Period End.

July 31—

1949—7 Mos.—1948

1949—Month—1948

$

Railway
Railway
f

'

'•.

j

expenses

35,964,767

•::

'

•.

■■■

■

258,118,962

39,493,537 249,039,055

:

rents

Net

ry.

r:

income

oper.;

Total

.Fixed

2,157,584

.

75,874,418

made

33,818,253

56,572,070
27,863,723

at

10,347,833

2,431,834

12,121,532

2,914,628

5,301,849

18,360,514

29,934,628

791,125

646,976

6,492,489

5,894,736

3,705,753

;v

5,948,826

*
24,853,003
36,853 Vs 396,348

at

Gas

—

deductions—

62,000-

charges

1,753,305

Louisville
Gas

1,657,988

521,592

12,306,213

11,424,174

&

of

S.

P.

H

Transportation Sys¬

1,890,448

.

•Net

income

of

choice

stock

^Excluding
*>onds

of

s.

P.

Pacific

RR.

affiliated

System,

V.

170,

2,741,398
Co.

Electric

portation

homa

of

Ry.

•4,881,338

Mexico.

Co.

not

against

;

.,68,000

13,180,222

Gas'

(Representing interest
to income of S.

by

received

paying

170,

$

v-

earnings.—

—V.

928;-

p.

1948

'7.;.-..

sell

to

■'*

•

of

Louisville,

and

common.

left

was

discretion

of

be

offering

will

the

Is

"world's

being

pany will
standing.

on

P.

solely

from

It

well,"

Wasco, Kern County, Calif.,
15,530 feet, it was announced

near

down

common

board

Southwestern

7,718,111

Associated

_

'

Oerating

revenues
revenues

7>7

Uncollectible

oper.

—Jan. 1 to Aug. 31—
1949 *
i 71948*"

..,

X'.f'.

Net

Wet

taxes

—Y.

170,

$2,580,357

$3,052,502

550

7,500

3,850

$397,420

$3,045,002

271,786

2,408,183

$2,576,507
1,935,971

58.600

299,114

362,403

-

50,242

____i.

income—__

oper.

after

1949—7 Mos.—1948

2,500

...

Operating

$397,970

Co.—Earnings-

$471,947

rev._

Operating revenues
Operating expenses

v

$67,034

$59,302

charges

this

completed

had

company

well,

the

V

42,671

as

.

,

"The

total

169,'

depth," the
deeper than any

a

total

of

4,666,666%

300,507

.

$340,029

$337,725

56,492

213,171

-'

Operating exps. &

Other

income

other

&

$3,644,292

244,051

V

•

^

1949—12 Mos.—1948

$3,195,175 $14,496,317

$12,676,138

taxes

2,644,318

2,325,640

10,444,361

9,098,655

income

$999,974

$869,535

$4,051,955

$3,577,484

888

4,859

28,656

(net!

income

Gross

Int.

Co.—Earnings—

1949—3 Mos.—1948

revenues

operating

$1,000,862

$874,393

235,238

243,973

deductions

Income

Net

170, p.

SY

$4,080,612
7 ■>,

8,980

$3,586,464

898,103 *:*■: 784,140

$765,625

$630,420

:

$3,182,508

company

other

2687.'

p.

Oil Co.

Standard

dividends

that

Mexican

Sales

Net

ry,

railway*.—

■

operating revenues
Dividends, interest, etc
Total

Income

Operating

railway.
income

oper.

from

Gross
Net

from

Net

ry.

—V.

July—
from

■

i*,;

railway.—...
income—.

oper.

Texas

$

New

&

1949
$1,964,540
,

railway.

railway

517,442-

(

oper.'income

.

248,323

1948

$2,131,325

1947

$1,782,634

i 590,224

and

Interest

income

State

taxes

*130,825

net

income

Net

Net

ry.

Net

interest

of

vi. 1946

$1,492,743
,

187,605

'■>, "66,982

12,255,395

10,418,464

2,072,631

124,310

1,453,819

758,387
380,703

380,868
.

139,638

Orleans—Earnings^-

40,936,430

$4.33

$2.68

-

Earnings

'

share

per

$3.32

.

1947

19481-

■

1948

"

$9,439,392

$8,834,148

2,865,694

1,142,971

1,796,665
1,240,866

73,726,396

64,442,766

59,288,837

19,764,434
8,227,679

20,425,041

2,307,974

$10,424,892
2,471,934

income.

974,490

902,719

67,245,939

16,056,128

11,616,956
7,729,771

from

ry.

—V.

I

railway-

railway

...

...

6,108,893

income.

oper.

8,462,397

170, p. 535.

1949

July—

Gross from
Net from
Net

—V. 170, p. 345.

Northern Ry.—Earnings—

Texas &

1,487,509

66,179,148

2,110,843
50,713.608

Oil

(New Jersey)—Forms New Unit to

Co.

Build Belgium Refinery—
This

company

which

formed

build

will

new

a

railway
railway

$39,639

*

13,343

—...

'

railway operating income

5,613

—

7.

Belgium, it was announced on Sept.
be completed in three years.

the Esso Standard Refinery,
refinery at Antwerp,
It is estimated the plant will

refinery is designed to supply petroleum products—highgrade gasoline, kerosene, fuel oil and automotive and industrial Diesel
fuel—for Standard Oil Co. (N. J.) affiliates in Belgium, the Nether¬
lands and Luxembourg.—V. 170, p. 599.
x''.-'
The

Net from railway
Net

company,

new

.

'

from

Net

ry.

773,691

-

*95,089

170, p. 498.

Coulee

Perpetual

Royalty

Trust

of

Alberta,

Offered—An unusual offering of
placed before the American public Sept. 9
when Thos. G. Wylie Co., New York underwriters, made
a regular public
offering of 1,120 units of certificates of
was

Spring Coulee Perpetual Royalty Trust of Alberta,




railway

*

railway...

-

t

income

oper.

1949
$217,318 '
*10,665
*56,178

From Jan. 1—
Gross

Net

from

from
ry,

Income.

•Deficit.—V.

170,

p.

1946

$317,319

22,550

48,506
*10,470

*34,361

535.

1,883,776
88,493
*317,676

2,141,551
96,863
*340,660
'

'

'

Operating revenues
Operating expenses
Ry. tax accruals
rentals

Equip,

facil.

rents

Net

ry,

Production

the

Mine

the

to

company

which

will

4,000,000-ton

date

is

has

now

bring

figure.

been

,

>

,.w

72,413

Dr)

(net

Dr)

20,266

income-

$575,801

1949—7 Mos.—1948

4,230,101
2,292,721

727,250
343,812

2,908,513

20,907

91,339

81,972

$834,828

$4,714,981
553,999

1

1,494,773

70.524

Total

charges

*—

income

—V.

170,

—

7,559

55,398

237,555

1,653,414

$5,268,980
58,516
1,600,719

$668,189

$2,768,875

$3,609,745

794.

p.

Peoria

&

Western RR.—Earnings—

Net
Net

from

from
ry.

Errington Mine,

1946

1949

oper.

income—

1947

$134,980

$15

96,952

*48,361

*44,731

43,686

25,185

*75,817

•56,500

2,711.880

railway

$388,046

116,762

railway

1948

$384,754

JulyGross

2,500,491

528,850

884.507

800,689

•206,675

*310,576

346,421

•340,979

*401,363

From Jan. 1—

Gross

the

$4,477,687

6,909

$403,586

deductions

,

exclusively from

$913,303

235,830

income

Net

78,475

$646,325

income

Other

$3,906,221
571,466

'

Output—

proceeding with the opening of the Hogarth
production from the two mines to
Exploratory drilling, the statement points

annual

(net

3,977,796
435,382
267,702

oper.

Toledo

but

$5,276,947

..

Operation—

$6,959,779 $37,078,566 $45,062,315
28,677,720
33,742,540
* 5,032,982

*310,088

has completed arrangements for an increase in its
production of high-grade iron ore from 1,200,000 tons per year to
4,000,000 tons per year and the $8,000,000 of new money for this
purpose has been secured, according to a statement to the company's
Sept. 8.

1949—Month—1948

1,946,190

company

on

Pacific Ry.—Results From

Texas &

Period End. July 31-

Misc.

Steep Rock Iron Mines Ltd.—To Increase

stockholders issued

167,703

—

535.

Fixed

1,667,893
*4,761
*343,323

*

railway...

oper.

,

1947

$293,313

1948
$288,660
*19,516
*73,773

.

railway

railway operating income—

—V. 170, p.

Earnings—

Staten Island Rapid Tarnsit Ry.

from

690,420
362,238

Gross from railway.

25,000-barrel-a-day

new

a

-983,754

2,715,050

Canada—Certificates

the

102,454

890,563

2,042,834

,

The

securities

162,535

$9,321,016

oper.

from

Net

in

subsidiaries—

income

Net

14.078.311
railway.— -13,464,743
Wet from railway...
3,301,463
3,075,058 '
Wet ry. oper. income...
1,254,722
1,259,097

Spring

$313,065

1,726,919

1,885,802;
779,415
308,297

1949'*"

from

Gross

3,193,439

paid
stockholders'

Minority

Net

148,399

299,857

from

•Deficit.—V.

1946

-

186,719

railway..
railway....

from

Net

465,705,697 478,125,107 336,083,124
31,652,525
26,356,983 21,884,666
19,251,000
22,970,000
10,823,920

—

■

Prom Jan. 1—.

Gross

1947
$361,970

.

1,820,596
657,870 v
293,453

railway....

July-

572,627,112 597,746,703 412,106,212

—

charges

July—

Wet ry.

cash resources,
stock should be

170, p. 535.

Gross

568,211,781 593,761,570 406,253,053
4,415,331
3,985,133
5,853,159

.

Deprec., deplet. and amort, of prop.
Fed.

Gross

Wet

common

1948
$420,724
242,156
107,748

1949
$265,752
95,038
59,137

From Jan. 1—

1947

1948

1949

and

"

from

the

on

Ry.—Earnings—
v\

from

(Indiana)- -Earnings—

Six Mos. Ended June 30—

$2,802,324
•"

345.

Spokane Portland & Seattle Ry.—Earnings—
Gross

of common stock out¬

the

at

from

Net

Jt.

-t-V.

shares

the continuance of available earnings and

agreed

Texas

■

stated, "is approxi¬
recorded production."—
;
V.'
''

producing
feet

1,000

Standard
Southwestern Gas & Electric

Net

19

From Jan. 1—

Period End.June_30—

Operating

Nov.

to common stock capital and the
par value (933,333V3 shares)
sale and distribution, the com¬

a

793.

p.

common

After the

stock.

July—
Gross

$

Telephone

$474,447

.

...

of

four

barrels

companies.—

8,719,783 190,269,187 217,470,412

1949—Month—1948

-

for each

equivalent amount in

From Jan. 1—

Period End. July 31—

shares

distribution on

the

stock

present quarterly rate of 35 cents per share after
the sale and distribution of the additional shares.—V, 170, p. 695.

by

Mushrush No. 5, and that the flow was at the rate of 375
daily of 40-gravity oil and 1,000,000 cubic feet of gas from
producing interval of 15,250 to 15,530 feet.
The well is northwest of
Bakersfield. "
-f.
A
' V"
known

an

common

have

maintained

on

t,

that

disclosed

also

was

of

Subject to
the

of

California—Deepest Well Produci'g

produced

deepest oil

of

number

the

authorized

board

the

share

(premium on common stock)

additional

of

in

increase

further

a

shares held
Oct. 14. The board ordered the transfer of $4,666,666.66 from paid-in

surplus

to

used

be

be used to provide a parfr„

will

stocks

the

for

been

additional

distribution

36.05% of the outstanding
shares or 56.18% of Okla¬

or

has

outstanding

one

on

reduce Standard's
bank loans, which now total $9,800,000.
The Louisville
offered at competitive bidding, Sept. 12.—V. 170, p. 599.
the

from

effect

To

of

>$ ■' Y

''

shares
550,041
*'

sale of

the

inquired

company

stock

The

program.

the

to

$

*:/:•• -7; A/

/

stock

of

divestment

of 35
above

Gross Earnings—

—10 Days End. Aug. 31—
1949

Gross

will

mately

Southern Ry.—Estimated

::

block

outstanding

Petroleum

27,222,279

credited

surplus

"...

j

officials

SEC to sell either the
common
shares of Oklahoma

funds

the

The

was

the

Standard's

of

ordered a /common stock distribution
each four now held and agreed

the company's present expansion program.
authorized by the Federal Power Commission «
to expand its natural gas pipeline system, extend it to Buffalo, N. Y.
and increase the daily delivery capacity to 1,060,000,000 cubic feet.

of

shares

disclosure

1

share for

new

one

a

Proceeds from

250,000

This

with Standard Gas

by

200,000

of

part

as

Standard Oil Co. of

497,117

companies included in net income of S. P. Trans¬

charged

Period—

block

a

Gas.

stock

outstanding

V.

'y!

sell

will

it

stock.

of

policy of continuing the usual quarterly dividend payment
cents per share on common stock to be outstanding after the
distribution and the sale of the additional common stock.

New York.

Standard currently holds 385,308
common

2,909,565

497,117

(Representing dividends

890.

p.

that

7

common

authorized

been

Sept. 7 by this company.

System.

controlled

•'

554,277

71,017

21,614 ;

Consol. net income—

Transportation

556,335

■

71,017

(Drt

or

Co.

which

of

Standard

stock

'

779.933

adjust. (Cr)

tConsol. adjust.

stockholders

to

23,883,598

12,150,442

4,253,985

solely

controlled affil. cos...

tConsol.

W'

'

!

tem

had

Electric

'

Income

Co.

Bank in

National

Gas

Proceeds
Net

Sept.

Electric

&

meeting of prospective bidders

a

the Chase
Standard

35,829,363

_

income

Jtiscell.

5,638,717

announced

company

Louisville

board of directors Sept.

The

j

'

(net Drt

Other income

13,372,400

$1,918,699

Shares Held in Louisville Gas & Electric Co.—
The

4,248,746

$568,641

Standard Gas & Electric Co.—To Sell 250,000 Common

.

9,320,958

___

$1,086,457

on

of

Railway tax accrualsEquip., and joint facility

period—

2757.

p.

$

J:. Net

rev.
from rail¬
way operations

profit for
169,

<

52,865,937 305,611,125 333,993,380

45,285,725

oper.
:

A

revenues.

oper.

Net

—V.

Net

Net

from

from
ry.

railway

railway.;

oper.

-

income—

•Deficit.—V. 170, p.

535.

368,096

13,715

THE

(983)

12

COMMERCIAL

CONSOLIDATED

Transcontinental & Western Air, Inc.—Seven Banks in

Period End. June 30—

five

representing

banks

Loan —Seven

Aircraft

TWA

Total

that will underwrite the recent

cities form the syndicate

FINANCIAL

&

ODer„

Monday, September 12, 1949

ACCOUNT

INCOME

Mos".—1948

1949—3

$4,766,099
3,828,890

revenues—

CHRONICLE

Western Ry. of Alabama—Earnings—

1949—12 Mos.—1948

Gross

$4,214,249 $19,554,055 $17,545,890
3,302,470
15,084,436
13,609,265

,

purchase of 20 new constellations from Lockheed
it was revealed Sept. 8 by A. V. Leslie,
Vice-President-Treasurer of TWA.

Net

Aircraft Corp.,

Trust

and

"" $937,209

revenues—

3,629

5,755

21,722

$940,838

$917,534

$4,491,341

$3,964,359

(net)_

324,991

323,312

1,246,910

1,140,405

$594,222

$3,244,431

$2,823,954

474,097

414,835

1,837,J24

1,600,076

$179,387

$1,407,307

$1,223,878

(net)—

-

income

Gross
Income

,

deducts,

income

Net

Dividends

banking participants in the loan to TWA are: J. P. Morgan &
Co.
Incorporated; First National Bank, Boston; Bank of
America
National
Trust
and
Savings Association, San Francisco; $1,500,000

—i

Gross

Security-First' National Bank of
California Bank, Los Angeles, $500,000.

Angeles,

Los

each;

Utah

of

Authority

York

New

work

to

with the
for the use of New
Chairman Warren

leases

out

Net

from

Net

ry.

(Idlewild), TWA Foard
Pierson announced Sept. 6 in Rome.

Lee

Airport

International

In

Europe on

a

business trip, Mr. Pierson said; "TWA will be happy

ry,

helping to bring about an agreement that will
put the facilities of New York International Airport to practical use." •
New

The

Statement

Foods, Inc..— Registration

Tucker

(Mrs.)
The

stock

statement

(par $2.50)

Power

week

170, p.

to

constructing

Is

*12,963

157,239

83,581

in

July,

*40,414

50,426

24,016

compared

the

Distribution—

given Interested
hearing.—V. 170, p. 929.

Sept,

until

persons

request

to

15

Steel

States

Housing Field—
This

it

come,

The

Consol.

net

duction

/""

,

on

and

for

|

insurance,

gage

exceed

not

introduced

is

where

$6,300.

to

/

.

;

■

to

Homes

The

General John J.
zation

will

and

available

from

New
one

Ind.,

Albany,

to

cents

coast.

the

Operating

is

—V.

Homes

will

Panels

years.

a

to

market

in which

its

_

191,296

6 Mos. End. June 30—

Dividends

Profits

$9,111,676

1949

1948

$.1,189,5,50,

rights, sold—,

income

$3.88

*v

,

1947

...V

241,840

15,593,701

17,153,735

14,971,215

12,678,041

4,640,347

4,327,930

2,127,263

2,190,940

2,213,075

3,171,105

-

1,271,944

applicable to

alone

company

June

30,. 1949,

fof'the
/:>, ;•"/

The

1949—12 Mos;—1948

3,560,974

16,071,042

13,972,50G

$1,019,404

$922,441

$3,949,663

$3,797,291

_

$4,483,415 $20,020,705

27,735

13,803"

$1,047,139

other deducts..

for

its common stock

•

104,299

72,980

$4,053,963

$936,244

$3,870,271

307,020

287,674

1,241,256

1,125,865

$648,570

$2,812,706

$2,744,406

2465.

p.

sales

and

oper.

1949—3 Mos.—1948

V

Net

and

2,589,801

5,608,476

5,196,229

6,317,324
12,060,651
287,965 v • 688,315

13,497,505

services

depletion—
taxes

and

income

310,728

Divs.

—V.

—^

v

,

(

8,396

■

for Fed.

inc.

tax.

July

$2,767,847 $11)348,340 $10,736,841

" 2,074,344

-

79,038

78.010

160,689

146,558

413,000

1,282,000

916,009

23,000

38,000

115,000

83,009

$336,565

$602,246

$1,772,252

$1,274,356

86,078

87,953

$0.62

$1.06

tax

cumulative

share.,

com.

39,640

/l

Period End. Aug,. 31—
u\

2,784,431
-1: 21,798

$3,178,900

2,521

18,715

189,633

$3,197,615
883,211

'

$2,314,404

$2,117,448

$696,030

222,^08

{

1949—Month—1948

?7

'

'■

$539,608

$

44,738,101

Air Lines,

65,000,,

65,500

reports, an

operating

Retail

miles

I6»,

'

$1,084,n?„; $1,079,585,,$1,084,410
.' ;'L.

2149.

p.

r

<:■'

$467,856

31—

ry.

Net

1949

railway

railway

from

I'.

Mr.

plans

Gotthilf

LeMur

Co.;

.

that

he

said

"

was

~

the

"Mavis,"

and perfumes.

in

the, immediate

enterprises' that

operation,./>

Mr.

a

have

been

optimistic

as

.

future

to

acquir.e

assign

Gotthilf.

Railway

RaUway

"

of

talcums

soap,

Lhas, ^ecelved SEC authorization

to sell at competitive

$5,000,000 of first mortgage bonds due Oct.
1, 1979 and 148,155
additional shares of its common

stocky ' '

fEtock,J[s ,fIrEt of be offered to
*■?
on the basis
one

new

determined by competitive

Proceeds from the sales will be

share

'

1,047,175

V--

$3,190,787

!

*

539,960

381,838

23,721,573

21,017,890

3,708,384

4,973,583

Northern Ry.

562,876

_•

23,495,321

..J 3,530.782i4:739.909

1,415,365

fr.

rev.

the company's
for

each

common stockeight held at a price

tax

accruals—

Railway

$3,592,073

electricity
169, p. 2037.

At;the

and

oper.

T " 271,060

101,986

income

111,258

712,985

$729,321
81,237

income

$648,084

oper.

.

.

company's construction
..

common

by the company at Room 2033, 2 Rector Street
(EDT) Sept. 13..

stock

New

will

York

'

\ 533,582

$492,014
68,312

income

$695,476

charges

tax

other

V

in

the

$2,270,331

$621,302"
for

339,513

general

corporate
amount

contingent charges, i.e.

to

$1,660,004

*' tThe

.

of

-

in

announced

the

filing pf

a

by..

proppsal

Corp.,

York,
to

to

of

the

Gas'

be

Jersey City parent of York, to
consisting of • 4,506-shares'of its cap-,
,

offered'fcr sale

subscription

6,000

sale

of

it

which

bkiding;J'

competitive

at

will

It

warrants

additional
its

stock

subscribe'for

would

be

by

shares.

covering

York

However,-in

interest

in

and

York

is

*

-

the

event

consum-,

shares of

901

purchase

entitled,//

the

not

y

"

-

with

Pennsylvania Gas' sale of its stock interest in
York, York proposes to transfd* to Pennsylvania Gas its holdings of
120 shares of the capital stock of Penn-Western Service Corp.. orig-.
inally received as a donation .from Pennsylvania Gas.
Penn-Westem"
Is

mutual

a

bond

service

929.

corporation in the Pennsylvania Gas system.

and

stock

the

money

provide

-

financing by York, together with other funds,
needed for Its construction program'.—V. 170,

-

Zenith Radio

1,070,787
r

'

316,480

As

$1,288,609*

capital fund,

interest

in accordance with uniform
system of accounts for Steam raihoads: prescribed by the Interstate
Commerce
Commission to /reflect
changes in this a-nd prior years'
tax
liabilities
recommended, by'Office of Internal Revenue Agent
in charge.—V. 170, p. 600,;'
; ' '
"
-.-c-,
,
-s
,
.

SEC

Electric

issuance

sale

connection

The

384,280

income bonds, sinking fund
adjustment in Federal inepme

$673,366. is. made

the

stock

will

part

of

the

business,

Corp.—New Appointment—
expansion

program

now

in

progress

for

Zenith's,

H.

C. Bonfig,
Vice-President, ■ on Sept. 1 announced
appointment of John A. Miguel, Jr., as Manager of the corpora¬
tion's
International
Division.
The
initial
step
in
expansion
plans

the

occurred

mortgage 4% %

purposes.

of

$430,532

'i

)

-

.

Pennsylvania Gas

export

available

116,373,967

1

..

$2,675,876^

270,813

44,900

I"

the

&

interest

prior, thereto,

$2,291,596

396,010

84,894

52,574

—

on

$560,326-

21,600

.

.

York's

500,883^

_

•

;

119,555,571

—

.

mated

653,029.

$2,792,479..

$1,874,321

Gas

Pennsylvania

686,040

$2,407,903

46,173

,

47,3^2

deductions

'Amount

and

used for the

$538,187

,

(kwh.)

time,

same

entire

proposed

p.

Fixed

267,632
$462,656,

proposes to apply the proceeds of the sale, to-,
cash, .to the payment^ and retirement of its out¬
standing debentures, without premium;
■ /
;
Pennsylvania Gas states that the York stock is expected to be sold

731,461,

tCr773;544

inepme

Total

2,252[
$730,286

gether. with; other

$4,863,009

109,642

724,001
tCr252,816

(net Dr)_______

ry.

Miscell.

2,159

$716,891

—______

ital stock... The. stock is

.

Equip, and joint facility

Other

/?/;

—

265,125

—

Pennsylvania

f.

$1,030,148

.109,320.4

other tax accruals-

requirements

bidding by underwriters. *

of any unsubscribed shares of




1

and Tidewater Southern Ry. Co.)

$167,083

oper.

ry.

accruals_

rents

$728,036

__'

$982,016

of-

—V.

"

2,137,920.

1949—JMont)v-rl948 ,! '• 1949^3 Mos.—1948 ,1-1
oper.
revenues * $3^69,'579 t $4,107,019 $24,613,780 $25,082,838
oper.. expenses * 3,202,496 .; 3,076,871/ 21,021,707 v 20,219,829

tax

All

(est,

authorizing company to issue and sell $400,000 of first
mortgage bonds, 3% % series, due; 1970, to Travelers In-:
surance^ Co., and to sell art additional 6,000 newly author*
ized common shares ($20
par) to its common-stockhold¬
ers at $50 per share.
s '
/.

1946 .V-

$3,7^5,058
1,018,206

748,297

2,189,467^T..2,617,395

"Net income

.

,

noon

1947

.

$3,919,395

Sales

In

Light Co.—SEC Approves Financing—Bids for Purchase of Unsubscribed Shares—
"" "

received

income^-r

'

Utah Power &

Bids for- purchase

"

railway

Income

Nestle-

Net

program.

-Earnings—
1948 ;

v.

619,452

Payroll
The

745,274.
287,000

i__•

deductions

income

prior
Net

!

following products were sold to
talcum, and "Djer-Kiss," a line

tax

income..

York County (Pa.) Gas Co.—rTo Sell Bonds
Privately—.
The SEC Sept, 6 announced ;the issuance of an order

CONSOLIDATED SYSTEM INCOME STATEMENT

•

Mr.

Manning Exton of Westport, Conn. Mr. Exton Is expected
this product to a
corporation not named, according to Mr.
The purchase price was not disclosed.—V.
170, p. 248 and 696.

nolders

Net

23,284,963

railway

oper.;

.

600,000

789,910

476,900
$979,857

Federal

income

Income

salesi.; ^

105,771

—

(Incl. Sacramento

and

to

M

Gross

Period End. July.31-^ ,r

new

operating profitably.
to Universal's present

"Beauty in the Morning," Universal's beauty-treatment facial
sold

income

sell'its

Gotthilf stated that the corporation's cosmetics tiivision has had
operating losses for" the past years and the disposition of the
eosnfetic division will leave Universal with
only profitable operations.

future

*

1949—8 Mos.—1948

~

662,500

I
than

Operating income.
Non-operating income

$3,123,065

income

oper.

from

Net ry.

628,608

1,759,054
501,451

of

From Jan. 1—

Gross

large

and

total

a

929.

p.

1949—Month—1948

i

,

Morning" products.

stated

of

in operation at Aug. ,31, 1949, were 264, compared with
earlier. / Wholesale, accounts in August; of this ;year";/,
2,277; against 2,003,a.y'ear ago,—V. 170, .pp. 833 and 600.

from

Net

Morjis. H. Gptthilf,^ President and Chairman of the board, has an¬
nounced the sale of
the company's cosmetic
division, which«manu¬
factured and distributed '
facturied
distributed '"MnvfR """Djer-Kiss" and "Beauty; •<« the
"Mavis,'
in

..corpor^tioq

out

Supply Co. (Mo.)—August Sales—

'

The

flo\yn

1948

$4,620,815

sales.._____ $12,407,000 $12,464,000 $76,385,000 $80,168,000,.

from

■■■■'•

1949

1,761,456

v

;

other

Federal

99.57%"

of

*

'

$5,299,231

revenues

Maintenance

Taxes,

units

July—

Gross

-

Universal Laboratories, Inc.—Sells Cosmetic Division

Gotthilf

weire

rating

*'

362,419,757

'

Depreciation

yeah

a

numbered

Net

products

efficiency

'

■ >

354,469,039

170, p. 734

Operating

>

30,000

65,500-

,

—

$2.27

Yonkers Electric Light & Power Co.—Earnings-

.

Inc.—Operating Efficiency High—

.j

V':'..

'

'

Operating.expenses./

Western Pacific RR. Co.
Net.profit

177,176"

$3.30

1949—8 Mos.—1948

J

44,471,038

'

Sales

$2,806,228
.688,780

$506,396

$761,817

""Combined.wholesale and retaU

.262

$575,44077,583

. «

'

-174,032
*

2149. /'".

p.

(F. W.> Wool worth Co.—August Sales Slightly Off-

8,169,440 / 7,952,410

$693,503

Drill

when 869,303 'Scheduled
scheduled-miles.—V. 170,

"Combined

4

;

$1,189,550

44,965

s

183,038

283,000

tax

stock

per

169,

91,519

'

5%

on

preferred

620,394

r.

on

income

Earncd

1949—12 Mos.—1948

$10,344,346 $21,870,421 $21,734,042:

4,278,565

and

Pennsylvania income

//■

,

1949—6 Mos.—1948

$7,989,934 $10,323,297 $21,805,191 $21,696,25X
35,207
21,049
65,23037,791

rev.

2,572,726

Federal

.

Period End. Aug.

$567,044

$1,189,550

$17,769,797^

$740,119

income

mortgage bonds.;.
Miscellaneous taxes

42,245,338, equal to 95

" •/;;•"■ ";//

$762,044

deducts,.

corporation

873,078

59,744

652,227*

4,016,113

first

compared with $1,606,234, equal
months ended June 30, .1948.—

as

six
■

was

1949—3 Mos.—1948

income

Western

'

$1,209,357
__—

227,533 :

r-

Light Co.—Earnings—

1949—3 Mos.—1948

income

Deprec.

"

1946

$1,189,550

,

446,339

$5,035,517

income—
income (net)...

Int., exp.

income—

and other

Net

low-cost
those Used

as

1946

$1,980,506

360,610

$8,025,141

$3.25

(net)—

—Y,.- 169, p. 2322,

new

■/•

______

Total

be

1947

••

taxes..

and

v

$7,621,438

$1.86

income——.

Western Auto

$1,209,357'

received

on

Expenses

up to

-

—

revenues

Materials

382,59?

382,592

$4,358,787

ended

revenues

oper.

Gross

United Stores Corp.—Earnings—

to be

1948

113,612

__

$9,903,230
1,899,170

$5,499,668 $11,393,438
949,585 ,1,899,170

$2.06

1,969,449

Int.

and Higherhas specialized for

other

and

*

V

Period End. June 30—
Net

6,657,305

7,122,667

3,481,867

"

medium

the company

sections," going into the
dwellings will be of the same qualities and standards
in the larger
homes,—V. 170, p. 599. ^
\ /
"

to

income.

oper.

169,

—V,

4

continue

field

in

(Alan) Wood Steel Co. (& Sub.)—Earnings—;

,

was

_____

oper.

Net

$2,731,492

>,Other

of

Gunnison

—V.-

railway.

from

Int. and

$8,981,535 $18,516,105 $16,561,035

Oper, exps. and taxes—

payment includes interest, insurance and taxes, and
the mortgage.
The entire package also includes lot,
landscaping and a number of internal features.
«
:
• v

Prov.

ry.

Other

713,950

2—

monthly

priced larger homes,

deficit

695,430

$4,845,328

,

$973,122

1949

$1,560,000

Earnings—

Twelve Months Ended June 30-—

The

repayment

15

Ry.

Costs.

share,

per

minutes.

20

every

663,602

8,667,500

—„_

months

of

"

O'Brien, its President,; is expanding the dealer organi¬
establish
new
dealerships- to make the new homes

coast

68

Net

subsidiary's new assembly line, plant at
for mass output of homes at a rate of

six

of

July,

754,382

$8,536,999 $17,751,847 $15,665,904
444,536
764,258
895,131

Period End. June 30—

price can be bought
for $350 down and about $37 a month, including insurance and taxes,,
meeting the needs of many in" the $35-40 a week income group.' geared

7,665,509

U-i West Texas Utilities Co.-^Earnings—

this

under

337,906;

v

'•

take

qualifying

from

Net

2,343,105

V. 170, p. 929,

.

advantage of the 95% FHA mort¬
appraised value of the home and lot does

the

the

the

decline

$2,041,818 " $2,651,369' $2,225,756
368.485
843,107
652,954

railway

Oper. exps.

3,571,078

3,929,003

stock—

deficit

a

in

the

„

256,064

cents per share of common' stock

two bedrooms, is set for immediate pro-.'
marketing through the corporation's home fabri¬

mass

home

-.

•

■

This

on

$450,000

from

-

6,051,856

191,296 /

income of

*Net

..

home, which has

cating subsidiary, Gunnison Homes,. Inc.

Central

Period End. June 30—

stock

shares

with

compares

about

1949

Operating

7 236,538

7,855,898

4,056,260

949,585

com.

share

of

months cf

purchased

common

of

resulted

ago

railway
Net from railway._____
Net ry. oper. income
—V. 170, p. 537.

1949—12 Mos/ -1943

$9,549,783
365,429

cum.)

"Per

because

but

result.

seven

From Jan. 1—'

2,927,622

$5,986,209

A

which

increase

year

Wisconsin Power &

$9,915,212

class

9.1%,"

declined

25%,

month,

'

•

256,054

stocks_._

pfd.

on

($7

Low-Cost

Enters

July

from

Gross

,:;

income—

on

Divs,

a

the low-cost housing field with a pre¬
designed for the family of moderate in¬
Sept. 8. "

home

announced

was

■.

Unit

.—

a

Wisconsin
Gross

Net

4,622,760

—

inc.

deducts,™

Divs,

entering

four-room

new

''•

■

corporation is

fabricated

Corp.

The

July—

.

for the
kwh,", a decrease
the corresponding

c

income

*Bal. for

United

the

Gross

income..

income

$1,419,554,

of

with

Int., rentals & other inc.

// (■"

:

for

3,700,644

-

>

Operating income

Total

of

tax

1949, the deficit amounted to $5,091,795. In
the same period of 1948 there was a deficit from current
operations of
$1.122,500.—V. 170, p. 734.

company

ACCOUNT

INCOME

4,084,176

on

excise

revenue-producing

'•

property acct.
adjustments

Gross

has

108,688,000 kwh.

Fed.-:.

-

low

and

1948.

For the

$44,143,744 $40,407,630 $86,873,384 $77 923,918
18,534,"672- 17,358,963 38,217,172
34 299,808

depletion

/'

SEC

deficit

over

Co.—Weekly Output—

3,889,006

Deprec., retirements and

the war-imposed

seasonally

a

partly, offset by
operational
and
other
savings
of
over
$1,006,000. The revenue and expense trend in August, 1949, while por¬
tending continued deficit
operation, indicates material improvement

consecutive

79th

1949—6 Mos.—1948

—_

impact of
Is

service

revenues,

3,207,283

Non-operating

decrease

152,363

output of

30—'

than

taxes

The

a'

Inc.—20-Cent

income

Federal

6.5%,

or

in

Amort, of

Hydrocol Is now offering 600 additional units for subscription.
Of
these units, 82.725 are being acquired by United for an aggregate cash/
consideration of $333,454, bringing its total subscriptions to 217.725
units,
'•
* ■"
V
/'/'"/
The

eral

••

$7,251,347,

833,020

declared

__

other

Taxes,

of

1,145,416

full

July
public

536.

revenues...

Maintenance

reason

stock.

of

oper.

Operating expenses

of changes in plans and increased costs, it is
now
estimated
that the aggregate cost, including necessary working
capital, will be $38,168,000.
Of this, amount, the RFC has agreed to
loan up to $18,500,000.
The balance of the funds was to be provided'
by certain selected companies, including United, through the issuance,
by Hydrocol of 6%
promissory notes and shares of $1 par value
common stock,
in units consisting of one $10,000 note and 75 shares
by

However,

the

Period End. June

a

.

decrease

a

1,005,237

:CONSOLIDATED

Total

plant near Brownsville, Texas, for the
purpose of manufacturing gasoline from natural gas by a synthesis
process
known as the / Hydrocol Process."
United previously was
authorized to purchase
(along with other subscribers)
certain notes
and shares of common stock of Hydrocol, the cost of the proposed
plant then being estimated at $14,000,000.
Hydrocol

July, 1948.
For the seven months of 1949, gross
$104,811,403, compared with $112,062,750 in the same/

year,

regulatory requirements, operating expenses cannot
reduced proportionately.
Therefore, operations in July, 1949 resulted

the

,"•./•':/V/V"

/

application to the SEC for authorization
purchase certain securities of Carthage Hydrocol, Inc.
corporation, has made

The

last

25,574
14,701

*

Fund,
have

from

in

totaled

of

*200,439

income_„

1948.-

+

*27,846

output of the electric properties of this
Sept. 3, 1949 amounted to 99,65^,400

of

Earnings—

*19,745

ended

8.32%

of

Carthage

United Gas Corp.—To Purchase Securities of

Hydrocol, Inc.—

'

*16,870

,

927,682

railwayrailway

directors

week

185,521

*13,249

■"■'72.337,

"70,771

West Penn Electric

7762) covering 200,000 shares of
withdrawn Aug. 30.—V. 170, p. 929.

(No.

was

214,756

129,224

$15,783,742

Net

registration

2,200.496

383,327

250,387

reduced activity of general business and the volume-. "
destroying effect of the telegraph excise tax.
For the sam^ seven,
period, revenues from telegrams sent by the public, which bear

Withdrawn—
common

2,246,025

560,302

120,614

months

quarterly dividend
on
the stock amounting to '20 cents per share, payable Sept. 30 to
stockholders of record Sept. 15, 1949. It will be payable from ordinary /
net income. A similar distribution was made on March 31 and June 30, /
last, and in each of the first three quarters of 1948. In the final quarter of last year, a dividend of 40 cents was paid.—V. 170, p. 833.

airports.—V. 170, p. 696.

and Newark

2,580,087

325,426

be

Wellington

York, TWA officials said that the start of actual operations
at Idlewild will
depend on availability of facilities.
Until then all
overseas and
domestic flights of TWA will continue from LaGuardia
In

2,301,723

income...

1946

in

Dewey

Governor

of

railway——

railway—

170, p. 536.

and

long

■"Deficit.—V.

•

•

$151,256

income

oper.

$335,451

1947

railway——

from

Net

29,684

1946

,

$100,545

from

Net

participate in the use of New York's International Airport.
This is
step forward toward TWA's ultimate goal of providing the
finest In commercial air transportation.
TWA appreciates the work

10,994

oper.

revenues

't

"

to

a

24,853

"

,

Western Union Telegraph Co.—July

From Jan. 1—
Gross

60,155

19,251

income...

.

reilects_ the
•

$124,209

$41,472

railway

oper.

ry.

period

1948

1949

from

41,714

The company reports gross revenues of $14,223,336 from services to
the public in July, 1949, compared with
$15,806,766 in June this year

/

Ry.—Earnings—

JulyGross

will sign a memorandum of agreement

Airline

World

Trans

York

"

/

•

•

...

$299,944

55,437

from

from

—V.

v-'V

TWA-Port Authority Sign AgreementPort

$141,750,,

r-V. 170, p. 599.

and

$1,000,000;

1947

$353,701

51,899

oper.

Net

Other

Balance

1948

$320,105

From Jan. 1— *

27,725

_i_

$615,847

income

ry.

$3,936,634

$4,469,619

$911,779

from

Net

of

Co.,

15% as each airplane Is delivered.

down and an additional

25%

pay

Bank

National

oper.

Other

Pittsburgh, and the
Bankers Trust Co., of New York, with $3,000,000 each are the largest
single subscribers to the $12,000,000 total loan.
Total cost of the 20
new
Constellations is approximately $20,000,000, of which TWA is to
Mellon

1049
railway....

railway__l___

from

Net

Net

Oper. exp. and taxes...

TWA

The

July—

,

sion
,

last

with

October

when

headquarters

Zenith's export business
other
Mr.
sales

Zenith

set

Chicago.

in
on

a

up

its own

This

unit

International Divi¬
handles

now

all

direct basis with foreign distributors

of
and

customers.

Miguel brings to Zenith 20 years' experience
executive

in

the

United

America, South America,

States,

the

West

as

Indies,

and the Pacific area.—V.

an

export

Mexico,

170,

p.

441.

radio

Central

:

_

<

-

Volume

170

Number 4837

•

THE

COMMERCIAL

Stock Record

&

FINANCIAL

Range Since Jan. 1

Highest

Lowest

t per share

Dec

2%

100

Dec

14

35

Feb

23% May
46% Jan

Dec

27%

Dec

TVs

Peb

106

35

41% July
Dec

Jan

5

14% Feb

9

Abraham

7

ACF-Brlll

Adams-Millis

Affiliated

23% May 16

Air

4% May

2% Jun

21

13% Peb
Y 64
Apr

15

3% Apr
16% Aug

14

71

13%

Dec

21% May

65

Nov

80%

2%

Dec

Jun

37

Feb

Dec

75

23%

90

May

17% Jun

May

90

Mar

7%

*171

Apr

83

11%

Mar

Jun

6

Jun

May

165

Jun

15% Jun

104

13

198

Inc

July

May 13

27% Jan

July 12

96

Dec

Aldens

14

34

7

7

Mar 12

24

Allied

14

18% Feb

1

Allied

34% May
37% May

24% Jun 15
25% Feb

25

91

Jun

83% Jan

8

42% May
98
Jun

25% Feb

25

30% May 12

76

22

85% Sep
8
31% May 10
3% Jan
8

Feb

81

Mar

26% Dee
73

Dec

*25

Not

3%

31%

Not

Oct

26% Jan

Not

50

Peb

121'

34%

14

37

Apr 29
89% Feb
7

May

Dee

52%

Oct

10

Mar

Not

6%
47

68

Mar

Jun

18% Mar

70

Feb

43

45

6% Jan
51
20

May

Sep

9

Jan 31

113% Sep

•: 34% Jan

29% July

58%

96

3

2% Jun

6% May
Jan

44

83%

Jun

28% Aug 18
32% Aug 18

Chemical
Kid

4%

8%

9

Amer

24 % Mar 31

Jun

61% July

American

67

Sep

6

3%%

6%

Dec

103

Not

111

Jun

10% Mar 29

American

30% Mar 23

43% May

35

Jan

10

Amer

104

6%

Sep

10%

Dec

96% July 11
5% Jun
1

3

Dec

6%

Jun

2% Jun 13

76%

Feb

92% May
177
Jun

163% Oct
28% Not
74

82

27

May
Aug
May

15

Dec

20 %

Dec

Jun

19% July

1
106% May 6
39% Feb 15

Jun

15% Feb

Jun
Oct

35% Feb

107% Jun

Peb

99

49% May

Jun

14

25% Jun

87

July

5

Mar 11'

4%

7%

5%

American

14

Lswest
•

5

Range Since Jan. 1

Highest

I per share

Lswsst

8 per share

Jan

14% Mar

7% May
19% Oct

13%

19

Dec

42

Dec

6%

Dec

37

Not

15% Feb 24

14%
v

13% Jan

5

1% Jun

7

44

Jun

Jan

6% Jan

77% Jan

37

Jun

46% Sep
j5%

Dec

3%

Dec

46

Jun

20% Feb
5%

Dec

43

% May

7%

34

Jan

53

Jun

3% Jun

Jan

-

46

18

58

3

3

6

8% May

5% Jan

May 17
9% Sep
3

5

Jan

73

Feb

23

Jun

11% Feb

7

13%

Jan

19

Jun

16%

Dec

26%

Jun

12% Jun

14

95%

Feb

Jun

73

22

15% Mar

21% May
94%

10% May

24% Mar
93

5%

Dec

35

Dec

29

Jun

100

Aug
5
13% Aug 10
18% July 25
18% Jan 20

1

102

11% Jun 13

Jun

76

Jan

7

83
,'

13

30% Jan

19

Dec

96% Jan

4

7

5% Jan

3

104% Sep
A
6% Jan

8%

Jan

Feb

35

Dec

Peb

11%

Jun

7% Feb

25

80%

Not

95% May

83% Feb

11

69% Not

86% May
16 % May

70% Feb

10

10

Jan

169

Peb

162%

Not

6%

Dec

178

12%

32
•

Jan

16%

Feb

28

Sep

46

46%

Feb

68

Apr
May

139

Mar

31

Mar
Not

163%

Jun

21

Dec

27

Apr

10%

Dec

24%

34%

Peb

41

116% Mar

36% Aug

8

86

6

Mar 31

36

4

Feb

11
5
3

19% Jun

14

21% Jan

6

7% Jun

-

Jan

17

31% Feb 25

41

144
-■<;

28

3

Mar

135

Jan

3

151

49% May 30
X117% Apr 18

63

Not

6%

Dec

x33%

Not
Dec

90

76% Mar

Jun

120

8%

Apr
56% July
104

Jun

112% July
8% Jun

X5%

Dec

51

Not

67

30%

Peb

6

Jun 14

6% Jan

3

21% Jun

6

83

Mar 31.

59% Jun

2

4% Jun

6

Aug 25
Jan

7

9
13

40% Aug 18
126 % Jan 17

V* Jan

July

10

July 26

27% Sep
12% Jan

60

115%

7

159% Aug 29

138

16

Jun

19

Aug 26

150% Jan
72% Sep

121

5

8

Aug 19
Jan

7

Aug 25

8% Mar 30

38% Feb

17

91% Mar 11
80

Jan

4

6% Jan

7

Jun

60%

Jun

48 % Jun

20

Aug 23
55% Jan 27

Jun

15% Jun

13

26

14

Apr

4

Dec
ror

&

Light

107

8% July
2% Aug

6% May

footnotes

see




page

24

35% July 26
106

Aug 25

7

10 % Aug

15

4

4% Jan

5

9

32%
*100%

32

101

6

8%

32%

101

'

500

3%

4,400

93/8

64

22%

8%
31%

32%

101

101

23/4

23/4

2%

■9,100

94%

2,300

187%

187 %

933/4
187

94

933/4

187

,

30

29%

*68%

70

69%

70'A

70

187

30
70

187

29%

■&:

21%

21 y8

21%

213/4

213/4

*213/4

1081/2

107%

1071/8

Y *107%

108%

*107%

473/g

473/8

47%

VY! 47%

47%

19

18

18

Y,. *18

18%

Monday
I per share

153/4

*15%

77

45

*753/4

45%

107%

107%

*28%

29%

293/4

HIGH SALS

# per share

16

16

2%

2%
Y*-

*50

53

*8%

;

,

Y.: *5% ^

Y.

46%

46%

•37%

37%

4%

43/8

*46

Y

STOCK

STOCK

EXCHANGE
CLOSED

k

*18

13
Y

82

27%

-.13

13

*13

13

9%

83

13%

300

15%

15%

1,000

2%

2%

v

2

51

50

18%

46%

*46

27%

600

18%

27%

27%

104%

*104%
♦6

4,800
800

Y A.

300

Y<;

2,700

18 3/a

700

143/8
86%

400

13%

133/8

1,700

83%

*43/4

343/8

*6

*33
*

60

5

100

263/4

263/4

6%

•33

100

700

48%

13%

*104

6%

343/8

7,300
Y

*82 Y

Y

106

*6

i:
Y

9%

18%

27%

♦33

4%

14%

83

6%

300

*82%

Y

34%

900

102

13

14%

<

273/,

9%

83

13%

V.

*96

14%

*82

Y"

273/a

9%

104 %

105

6%
*33

46%

OY

13%
:
fY"
5 Y

263/4

2,400

37%

*4

13%

;Y

9

46%
"Y

*4%

26%

*

44

*37%

4%

83

83

*43/4

300

50%

*8 3/4
43

?.

102

J83/a
Y

143/4

Y
;

5%

*81

Shares

15%

*26%

V

4%

the Week

5%

48%

*46

%

83

Sale* for
■

18%

37%

*4%

*96

4%
*1041/2

46%
*37

9

18%
:Y. 143/a

13%

400

Friday
Sept. 0

8%

102

83

;V.V

30

I per share

43%

*9

14%

:

1,300

'

27%

80%

18%

14%
80

•

LABOR
DAY

13%

*29%

10

5,800

5%

8%

*95

'0%

108%

'

183/4

43%

!,

48 %

27 3/4

104

400

453/8

5% 1

■

50%

9%
45%

4%

*123/4

:.Y 2

50%

8%

48%

15%
77

45%

183/4

*18

2%

50%

27%

100

107%

30%/

15%

373/s

*46

18%

15%
•

108

*5%

463/4

*96

CLOSED

2

6

*43%

9%
45

27%

EXCHANGE

i-

10

1,600

77

45%

i per share

16

par

300

473A

Thursday
Sept. 8

Sept. 7

Y

18%

*153/4

300

•Y

PRICES

Wednesday

Sept. 6
9 per share

•

*18

15%

107 %

00 :

108%

*47

77

453/8

Tuesday

Sept. 5

I per shore

*15%
*75%

5,700

Y,
Y

70 %

*21%

;

200

293/4

*70

*107 >/8

30

400

2,300

2%

29%

AND

3,300

'

V'

2%
931/2

30

*28%

3,700

5%

2%

107

90

8%

5%

29%

107

600

6

931/4

,

800
-

69

5%

3

45

10,700

64

22%
*67 Y

101

2,200
2,100

45

:Y;

18%

1

113%

6'/8

94

186%

Y

40

113

32%

101

400

30%

3%

9%

32%

101

6

6%

*2%

9%

100

5,200

87

600

106
*

20

6%

100

34%

com—No par

11%

06

preferred

No par

1003/4

101%

05

1013/8

101%

preferred

No par

85%

85%

85%

85%

853/s

85%

853/8

85%

2,000

13

13%

13

13%

13%

13

13%

10,700

178%

♦175%

13%
178%

Amer Rad & St San'y com—No par
7%
preferred
100
American

Safety Razor
Seating Co

7%

preferred

American

5

6%

non-cum

American

No par

100

Snuff Co

com

preferred

25

100

Steel

American

Foundries___No par
Stores Co
No par

American

Stove Co

No par

American Sugar Refg common—100
7%

preferred

American

100

Sumatra

Tobacco

American Tel & Tel Co.

American
6%

Tobacco

Am

Water

American
7%

5

100

Works Co

*383/4
*145

21%
*26%

463/4

46%

1593/a

*383/4

393/4

150

*145

21%
26%

Y'

140

18%
144-%
1503/4

613/4

5

7%

common..No par

Inc—

233/4

100

&

Cable

25
50
No par

Anchor Hock Glass Corp com—12.50
$4 preferred
No par

Clayton

Anderson-Prichard

&

Co
Oil Corp

Mining—
A P W Products Co Inc.

21%

34%
♦39

46%

1593/8

39%

103/4

*119

7%

73/4

343/4
40

159%

71%

100

7%
34
*39

40

144%

*175%

73/4

10%

*18

12
101

40

40

*123%

12

101

35

61%

preferred

Copper

46%
159

:a

1503/4

04 conv prior preference—No par
Zinc Lead & Smelt com
1

Andes

34%
*39

178%

25

Amer

Anderson,

7%

100

Woolen

Wire

*175%

11%
1003/4

12%
101

common—14

common

preferred

American Viscose Corp
5% preferred

Anaconda

36%

Mar

Power

4,300

96

*30

69

181/2

No par

8

18%
8

Amer

1,000

28%

*85

223/4

*67

18%

100
Co—

Co

35% Jan

46% Mar
Peb

*22%

69

No par
40o

-100

preferred
Molasses

100

283A

96

64%

23%

*67

5%

Fdy Co com~..No par

14

62% Aug 18

3
25% Jan
99% Mar 29

Sep

*63 %

*22%

1,100

32%

*35

67

64%

900
!

28%

3%

231/4

64

••

-

16%

32%

40

641/4

YY 5%

-,,—100

preferred

News

3%

*36

112%

1

Amer Machine & Metals__„__No par
American Metal Co Ltd com.No par

4%%

112

Vv

9%

100

$5 prior conv preferred
Anaconda Copper Mining

22% Jun

112

No par

com.

7

Jan

98

3.90%

30%
YY'

67

1

^preferred..

preferred

Amer Mach 8b

3%
39

23%

50

Products

35% Jan

Jun

303/4

3
*35

5,400

Y

6%
180

Y

*28

85%
30%

64

Saturday

Co

1

38%

*30'A

2%
40

16

Co.

14

45%

30 5/a

2%

77%

Inc

25% Jun

Oct

85

30%

Sept. 3

May

Feb

29

85

44%

STOCK

41% May

30

*95

29

*36

6%

6%

32%
96
Y
29%

96

———

19 3/a

'

28%

283/4

72

19

28%

*84%

*15%

American International Corp.No par
American Investment. Co of 111
1
American Locomotive common
1

1%

*94

*71

19%

32%

Y

283/4

20

48% Jun

25 y4

96

*75%

preferred
Co

32%

10

& Leather com

non-cum

32

10u

American

34% Jan

273/4

28

85%

LOW

Electric

Ice

6%

-,2

17

*84%

No par

American

17b

*16%

73

19

28

com____10
com

Amer Ship Building Co
No par
Am Smelt & Refg common„No par

Jan

71% July

YORK

Home

6%
xl7b

*71

19

32

*94

preferred series A.10O

American

73 Y?

'

x28 %

100

7

Jun

144

31%

186

9

68%

Oct

27%

par

3

130

6"%
17%

93

Aug

158%

46% Feb

16%

1

41% Feb

Jun

54% Mar
131

*179%

17

Cable.—No par

Hawaiian SS

conv

American

176% Sep
1
8% Aug 18

8

6%

American

Aug 17

14% Jan

147% Mar

.

180

*16%

*71

YV'

17.

/

25

preferred

preferred

8

12% Aug 16
101% Aug 16

120

Dec

YY 6%
179

6%
17

*16%

100

preferred

22

A

131% July
20% May

16%

63/4

DAY

Inc___l

56% Jan

Jan

May

85%

No par

17

142

Jan

35%

Jun

23% Jan

Jun

25% Not

*82%

10

39% Jun 13

37

35% May
140

Feb

6% Mar

Oct

38

125

7% Mar 14

22'A Jun

6%

12%

20

14% Apr 12
Sep
6

3

4% Jun

•

Jan

July

98

85%

4%

29

15%

Dec

*82%

373/8

5

92

Dec

85%

100

Export Lines

American

1,300

*82%

47

American Hide

515/8

85%

46%

24

12,100

50%

*82%

100

Co

10

2%

51%

51%

2%

LABOR

1

Jun

%

300

23/4

91%

10

5

;

2%

*90%

2
com__

3,800

:■ ''

91%

__10

47% Jan 27

3%

*90%

*43%

3

2%
51

3%
•

91%

*18

&

72 '

3%

18%

100

Foreign Power com__No

Gas

15

*68%

3%

*90%

No par

Amer

1143/4

71

33/a

18%

No par

46"% Sep
1
37% Aug 30

13

Feb

07

15

71

73

07 2nd preferred A

Jun

Dee

6

4
31

15

72

91%

08

Jan

15%

*68%

18%

*71

10% Aug 18

8

10%

72%

Apr

3%

*14%

9'/a

American Encaustic Tiling.,
American European Secur
&

3 %

44%

Co

200

15 %

9%

common

2,400

2,400

106

44%

Distilling Co

American

7

*100

113%

Par

Amer

106

200

22 3/a

72

51

17

79

12% Not

8

24% Jan

26% May

108

Apr

2% Aug 19

♦100

1,500

49

22

44%

EXCHANGE

6% Aug 10
19 % Aug 10

106

YY *1%

10

NEW

*100

6%
*46

112%

9 per share

28

106

7

Y 9%

Cyanamid Co

Highest

per share

4% Feb

Apr
4% May
89% Jan

1% Sep

#

■v

22%

6%

.

193/s

*90%

STOCKS

Year 1948

47

22%

50%

No par

Range fsr Previous

47

22

2%

Co

conv

6%
465/8

21%

":Y

2%

Colortype

American

6%
46%

7

47

21%

9%

Co
American Crystal Sugar
4%% prior preferred
3%%

8,800

445/8

—

Chicle

American

36% Mar 31

3

19

9%

preferred

&

183/4

44%

Fdry com—No

Chain

19%

9%

&

non-cum

American

18%

44%

preferred

American

19

9%

Corp

Car &

18%

44%

preferred

1%

2,400

18%

19%

*111%

Radio Corp
Can Co common

American

35

20%

1

preferred
Broadcasting

American

34%

1

conv

45% Aug 11
109
Aug 18

8

Jan

11

47% Sep
7
18% Aug 17
17% Mar 21

71% July 29

43

Peb

14

94

Dee

Jun

7

Jan

22% Mar 30
109

8

22%

Feb

7

33% Jan

1

51

25

187% Sep

6

60

110

33%

18

21 % Jun

Jan

94%

Amer Cable

Jan

Dec

81

172% Mar 17

American

7

94% Aug

3

3

Jun

38

14%

Jan

11

49%

18% Mar
104 %

81

Jan

3% Jan

35

19%

STOCK

-.-50

Shoe

35

*43%

Corp
No par
Chemical-No par

Note

Bosch

Brake

10% Jan

100%

Not

Bank

44%

343/a

19%
46

CLOSED

50

common

conv

44%

33%

19%
*43%

EXCHANGE

par

com

preferred

x7% Jun 29
31%

Airlines

cum

Co

preferred™

Agricultural

American

45

33%

CLOSED

No par

Leather

Petroleum

19%
43

EXCHANGE

100

convertible

1,400

50%

Mfg common.No pat
preferred
10(1

Alpha Portland Cement

Amerada

19%

STOCK

No par

Corp common__No

Amalgamated

19%

2%

No par

coot

19%

3 %

—i;'

Dye

preferred

3V4%

19%

15 %

5

Allls-Chalmers

19%

*70

gtd_100

Co

Allied Stores

8

Sep

6%

Allied Mills

10% July 22
67.% July 26

Jan

&

19%

*100

100

preferred_No par
Allegheny Ludlum Steel Corp.No par
44.50 conv preferred
No par

16

21%

Dec

300

19%

1

cony

Allegheny & West Ry
Allen Industries Inc

2%

7

5

10

2%

21%

100

ww

17

Dec

25

02.50 prior

~2%

10

common

preferred

*2%

*46

100

Allegheny Corp common
5%%
preferred A

8% Jan
188% Jan

16%

Jan

414%

Ry
Mining

Gold

10

2%

18%

No par

93% Feb
•

25%

P'

Inc

4,100

106

*2%

19%

50

w

w

45%

106

2%

1

com

Vlckaburg

9

75

109

&

Juneau

24

Dec

preferred
Reduction

Alaska

64% Jan

May

$3

Alabama

2

Sep
8
3% Aug 11
53% Aug 11

2% Peb 25

V

Dee

100

Aug 10

40% Feb 25

4% May
58% Oct

65 %

103

Equipment

44%

45%

Shares

33%

1

Gas

45

♦101

for

the W«ek

S per share

43

No par

Corp

44%

43%
*101

BalM

Sept. 9

share

ver

19 Va

1

Corp

43%

Friday

Sept. 8
9

2%

10

Express Co

Admiral

Nov

2%

43 %

Thursday

Sept. 7
f per share

*101

Addressegraph-Multlgraph Corp__lo

Co

Wednesday

Sept. 6 !
9 per share

2.50

8

27% May
108
May

9

0 per share

No par

Co

9

Sep
Sep

Adams

8% Apr 19
47% July 13

May 25
18% Jan
3

Tuesday

Sept. 5

I per shar*

5

Straus

Motora

Steel

20% May 17

5

97% Mar

&

Acme

35

46

Dec

Laboratories

Sep

Not

99

Abbott

Monday

Sept. 3

44 %

14

5% Jun 20
*18%

Exchange

FOR EVERY LISTED ISSUE

Satorday

21% May 26
20% Aug 11

27% Mar 28

22%

STOCK

Par

3% Jan

13

xl7% Jun

YORK

EXCHANGE

45% Aug 18

May 2
1% Jun 16

Jan

18% Jun
14%

'

9 per share

70

May

6%

Jun

NEW

Highest

t per share

37

76

13

STOCKS

Year IV4*

I per share

(989)

WEEKLY VOLUME OF TRADING

YEARLY RANSE OF SALE PRICES
Range for fmtoaa

9

New York Stock

«»

DAILY RANGE OF PUCES

Lowest

CHRONICLE

72

119%
7%
24

39%

150

213/4

?;

46%
159

22%

26%

*145

26%

22

26%

10%

10%

*

Y 39%

39%

*39

*124
*18

127
"

1443/4
72%
*149

613/4
♦119

7%
23%

18%
145%
72%

150%
62%

•:

10 %

124%
18

145%
72%
♦150

61%

119%

♦119

7%
243/s

24

7%

12

Y.Y

11%

12

2,200

*175%' 178%

7%

Y
:■

■>'.

47

7%

73/4

3,300

353/8

36
40

36%

4,900

*39

40

46%

40

150

Y

22% Y.
27

2,400

158%

210

*39%

/

46%

158%

1593/e

40%

*145

213/4
273/8

22%
273/8

10 3/4

*10%

103/4

*39%

393/4

124%

*124%

18

200

150

39%

127

Y

1,700

Y

1,000

Y

200
200
100

*17%

72%

18%

100

144%

145 %

145 %

23,000

72%

151'
62

14,700

150%

%

Y

62

119%

119%

7%
243/s

23%

7%

72%
151

62%
119%

7%
24

*823/4

86%

86%

*81%

86%

*83

*63

633/4

633/4

64%

64%

*63 »/a

66

53/4

53/4

53/4

5%

53/4

5%

58%

583/4

26%

27

263/4

27

26%

263/4

26%

27

150

30

1,300
5,000

86%

65%

3,400
2,600

5%
*58%

59

26%

27

26%

26%

*34

♦105
*50

34%
106

50%

*81

*34
106

51%

34%
106

*58

*34
106

59

34%
106

*58

5%

200

50O

v

60

26%
•

59
27

8,200

27

27

400

34%

*104%

34%
106

100
20

51%

51%

51%

*51%

52%

200

233/8

24%

3,800

10

24%

24%

24%

24%

24%

24%

20

*93/4

10%

*9%

10%

♦9%

—8

10%

*23/4

2%

*9%

10%

*2%

2%

*2%

2%

*23/4

2%

THE

(990)

COMMERCIAL-&

Range Since Jan. 1

Year 1948

Lowest

Hifheat

I per share

2 per

t per chare

share

NEW YORK

Highest

24

Nov

32%

Oct

26% May 2
19% Jun 14

37% Sep

Nov

89

Dec

101%

Jun

77

Jun

15

95

15% May

5

Jun

13

Dec

68%

Dec

34% Jun

56%

88

Jan
Nov

13%
11%

Dec
Dec

12% Mar

18%
19

77% Jan 10
49% Jan 21

7

13
22

99% Feb

4

15

110% Jan

3

13% Mar

'■••■

Feb

120%

Sep

80

96

Mar

107%

Jun

Jun

Feb

91

114
99

Sep

20

Oct

105

7

4%

Jun

7

4% Feb
13% Feb

6% Aug

15

25
11

15

Jan

4% Jun

14

Jan

11% Jun

20

Oct

4% Jun

14

7% Jan

Jun

34% Jun

14

44% Jan

7%
46

14%
100

20

41%

42V2

42 >/4

42%

42%

43%

431/4

44

2.600

& Santa Fe com__ 100

87%

88%

88

90

89%

90%

83%

90

4,100

*100%

100%

8

Jan

24

17% Mar 10
'

7

100%

100 %

300

*11%

11%

11%

11%

11%

11%

10%

11%

1,200

34%

34%

34 ?8

34%

34%

35

35

35%

1,300

STOCK

*64 %

66%

*64%

66%

*64

65%

EXCHANGE

*83%

85%

*83%

84%

*83%

84%

*83%

84%

CLOSED

37%

37%

38%

37%

37%

37

*110

LABOR

1111/2

110%

66

22%
50'/4

110%

*110%

*110%

99%

99 %

99%

99%

9934

22%

22%

22%

22%

22 ?8

9,800

112%

99

22%

23

50%

50 %
108

50%
106

106
*17

18%

50

*105%

18%

112

50%
107%

*17

18%

50%

10

>•/

410

106%

30

18%

6%

6%

6%

6%

6%

6%

6%

*14%

15%

*14%

15%

14%

14%

15%

*14%

4%

'4%

*4%

12%

12%

12%

Mfg Corp (The) common—3
conv preferred
No pat

5%

5%

*34%

35%

34%

*14%

5

*4%

12%

4%

2,200

100

,

700

5

12%

900

5%

12%

7,700

5%

12%
5%

35

*34%

35%

*34%

35

5%

5

5

*12%

220

2,200

50%

106%

.*17

6%

.

$2.25

100

66

99%

*99

DAY

37

37%

—5c
of

100

STOCK

Amer—5

Co

Automatic Canteen Co

100%

CLOSED

No par

common

*100'/4

EXCHANGE

*17

Avco

130

*100%

*105

10

1,600
•

100

RR_.

preferred
100
Corp..
—No par
Nichols common
No par
prior pref ($1.20)—No par

Autocar

14%

-10

Powder

Conv

104

No par

preferred
Line

conv

Mar24

19

200

8

104%

Atlas Tack

Austin

20

TOO

15%

8

14%

non-cum

4%

14%

*14%

1043/4

Atlas

3

4

8

*99%

103%

25
,4% conv preferred series A__10Q
Preferred $3.75 series B
>100
Atlas Corp
—
S

Jan

14%

14%

8

1,400
130

100

Atlantic Coast

20% Jan

14%

8%

14%

14%

15

99%
109%

105

A T F Inc

106%* Aug 18

47%

99%

*99%

58

10

Feb

47%

•T03

*104%

7

19%

Feb

14%

*8

99%
109%

105

24% Aug 11

July 26

47%

99%
*109

100

7

42

*14%

991/2
109%

104%

7

Aug 18

47%

400

60

*98%

Jan

100

.

*59%

47%
•;

109%

8%

110% Sep

4

*99

15%

Atl G & W I SS Lines common—1
5% non-cum preferred
—100

Jan

47%

47%

98%

*7%

Atlantic Refining common

93% Jun 24

60

109%

*14%

7

20

16% May

98%
*109

—5

Mar 18

1

60

61

6%

'

par

Jan

Jun

6%

99%

Jan

70% July 13

6%

■'!

99

15

Dec

35% Jan

5%

6%

—No par

Carpet Co Inc

47

13

Nov

6%

47%

par

94

16

12% Nov

Artloom

59%

par

39

9% May

Zll

*59%

14

100

Dec

4%

5,500

60%

6%

par

13

Jan

24%

6%

Feb

Jan

114

6%

Feb

106

Jun

48% Aug

100

6%

5

53

25% May
64% Apr

99

86%

77

May

Feb

Nov

102

*85%

30% Jun

Dec
Dec

50% July

xl9%

Jun

32% Jun

July

64%

85%

24

84

81

85%

103% Jan

30%. Feb

Jan

86

97% Jun 14
10% Aug
4

Jun

Feb

85%

Atch Topeka

35

Sep

86

7

Jan

25%

5,100

86

105% Jan

26

30

1,700

20 %

14

12

66

37%

22%

9

27

-

Shares

37

22%

14

Apr
Apr

19%

com

13% Jan

15% July 15

share

37

22%

Associated Dry Goods common—1
6% 1st preferred—
100
" 7% 2nd preferred—
100
Associates Investment Co
10

95
87

for

the Week

36%

**

36

S per

Sales

22%

No
No
No
-No

$4 conv preferred——
Arnold Constable Corp

11

9 per share

Friday
Sept. 9

37

com

$6 conv prior preferred

Armstrong Cork Co
$3.75 preferred

Sept. 8

22%

100

Illinois

of

Thursday

t per share

36

6

May

July

62

Co

S per share

22%

7

111
106

Dec

«fe

PRICES

Wednesday
Sept. 7

22 %

Sep

Dec

Dec

Dec

conv

8ALE

-*35%

99% Sep
44
Sep

May

98

13%

4%%
Armour

9 per share

9 per share

HIGH

Tuesday
Sept. 6

Sept. 5

10

Corp com
preferred

16% Jun 30

1

7% July 18
11% Feb 28

87%

44%

Steel

Armco

Monday

Monday, September 12, 1949

No par

Archer-Danlele-Midland

3

Jun

•:

Saturday
Sept. 3
Par

8

94

Jun

17% Aug

Feb

7% Jan

38% Jun

Jun

115% July
•

9

27% Jan 26

105% Jun

Jun

99%

41% Feb
103

49% Jun

Jan

106

LOW AND

STOCK

EXCHANGE

t per share

23%
6%

CHRONICLE

STOCKS

luf* for Previous
Uweit

FINANCIAL

5%-

300

'

B
:13%

Feb
Dec

17%

xl3

16% Jun

11%
*10

Mar

15%

Feb

Jun

8

Jun

8% Jun

13

12% Jan

7

Baldwin

16% July
29% July

7% Jun

13

11% Jan

7

Baltimore

14% Jun

.-

14% Jan

15

Babbitt

14

22% Jan

13%

Feb

31%

Jun

14% Jun

13

25

Jan

'7

Feb

80% May

60% Jun

13

72

July 27

Conv

59

38

Jun

28

47% Jan

3

Barber

21 % Jan

7

Barker

40% Nov

May

Dec

x20

28%

Jun

15

Sep.

8

Jun

36

Jun

6

Dec

39% Mar- 4

Nov

45

31

Feb

45%

9

Nov

16% Mar

36%
"1

157/a

Dec

30% Dec
80% Sep
16% Mar

23%

9% Feb

Jan

11% Jun
32

43% May

41

4%

7

Mar

5%

3

Dec

Beatrice

Barnsdall

Oil

Iron

-30

Feb

Bayuk

Cigars

934

2,800

8%

8%

8%

3,900

*16%

16%

17%

163/4

17

16%

2,300

18%

18%

183/4

18%

(Delaware)

10

*14%

14%

100

*78

82

82

82

*80

82

*80

82

pfd

Corp

14

37

Mar 30

Beech-Nut

16

16

Feb

Belding-Heminway

14

16% Jun 30

Bell

Aircraft

Dec

24%

11% Jun

14

17

Feb

Bell

&

90%

Dec

103%

Jun

88 % Aug

18

98

Mar 21

26

Feb

38%

Jun

26

13

34% Mar 30
11

1

Bendix

7

Beneficial

Jan'

26% Sep
81% Sep

5
28

4% %

Sep -7
2% July 6

Benguet

30% May
37% May

7

Loan

Best <te Co—

25

30% Jan

7

Best

Feb

39%

Oct

23% Jun

13

33% Jan

7

Bethlehem

139% July

129% Jun

3

136% Feb

2

14% Jan

23% Feb 11
May TO

37% May

22% Jun

26% Jan
i

29

31% Mar 21

9% May 31

>

11% Mar 11

per share

26% Dec,
xl3

Feb

9% Deo
13

Dec

30% July
19% May
14%

f per share

•

17% May
44% July

19% Nov

29 %

Apr

13% Jan

43
Sep
8
25% Mar 30

21

96

Jan

50

Dec

51

Jan

16%

Dec

27% May
44% Jun

8

Aug

9

12

18
Aug
10% May
38% Mar

8

32% Jan

5

2

19% July 28

Bond Stores

18

Bohn

25%

25%

29%

30

26%

27%

132%

133

131%

100

Bon
/

Aluminum

Ami

Class

Co

24%

24%

500

10%

10%

1,300

LOW AND HIGH SALE PRICES

25

NOV

92%

Oct

15% Mar
-

8%

Dec

25% Jan

34% May
37% Jun

6

5

% Jun

47% Jan

14

20% Jun
26% Sep
98

Jan

Sep

18% Jan

3

27

Feb

12% July
33% Aug

Feb

99

95

17% Feb
15

Nor

120

Sep

7% Dec
65

Mar

30%

Dec

Aug

23% Nov
24% May

124% July

11% May
75
July

3

32 % Aug
100

15% Jun

27

22

13% Jun

14

120

Feb

124

86

29%

Feb

16%

Dec

43% Jun
24% Jun

5

Aug. 18
Apr

4

17% Mar 14

16

Jun

90%

21% May

6

6

Jun

Dec

10

Jan

Jan

40

78 % Aug

Mar

Jan

7% Jun 13
61% July 6
26% Jun 27

12%

81

9

Jan

103% Aug 23
33% Sep
1
10% Jan 21

29% Mar 14 7.

90%

7

29;

14

23 %

Jan

33

8

Apr

16

3?

14

101%

10

9% Apr

13

21% Jun

Mar 19

10 % Aug

8
70% Aug 10
34

Jan

13

26%

13%

13%

13%

1,300

11%

11%

11%

11%

11%

11%

11%

11%

3,600

10%

200

10%
43

43

43

43

19%

19%

19%

19%

19%

19%

19%

191/2

2,000

22%

22%

22%

23

23

23

22%,

23

1,400

A

Inc

7

92

Feb

6

82

Aug 12

73

Apr

6

77

Feb

10

Feb

17%

Jun

13% Jun

14

16% Jan

7

Nov

7

Jun

14

9

Deo

x07% Jun

13

121

Dec

15% Jun

6% Jun

13

Dec

89

Mar

8%
73

2% Mar
16

Mar

98%

Jan

23%

Feb

27% Mar
62

Jun

1%

Dec

5

Dec

21%
9

10% July

May

Dec
Nov

101% Nov
37% Dec
14% Mar
10

Mar

38

Mar

For

114

Jan

60

4% May
27% July

3

17

Jun

7

53

511%

52%

51

52%

52%

52%

20%

20%

20%

20%

20%

20%

20%

430

17

16%

17%

17

17

17%

17%

6,600

Jun

13

July

98%Jun

10

35% Jun

20% Jun

13

105

40% Jun
54% Sep
3

May
8% May
31% May
15% May
119

Jnn

44

May

30

Feb

May
Jun '

2

3% Jun

16% Jun
9% Jap
100

Jun

27

35% Jun 27
8

13
5

24

Apr

18

1*% Jan

7

5% Jan

6

22% Jan 10

40% Jan




36% Jan 20

12% Feb
4
109 % Mar 21

16% Jan

page

24

3

10% Jun

see

25

7

24

19% May
Dec

footnotes

27

Jan

58
'

2.50

common

preferred
Brooklyn Union Gas
Brown & Bigelow

41

May

6

44%

44%

44%

49%

49%

49%

97%

*96%

98%

100

*7%
STOCK
EXCHANGE
CLOSED

•

■STOCK

*35

EXCHANGE

*v

*7

CLOSED

23%
*25

LABOR

26%

DAY

•103

No par

33%

7%

7%

35%

35%

7%

7%

7%

23%

23%

23%

8
36

25%

24%

26%

26%

104%

*103

33%

33%

1%

1%

*30

30%

*7%

8

*33

7%

34%
.

7%

26%

33%

24

24%

25

104%

23%

24%

26%

26%

*103

33%

104%
33%

340

44%

443/4

3,400

49%

493/a

5,000

*97

98%

100

1%

*1%

300

31

>30

100

7%

•7%

333%

333/8

130

7%

700

23%

1,600

*7

23%
*25

400

25'/a

*103

400

26%

26%

2,200

104%

32%

33

9%

9%

9%

9%

9%

9%

9%

9%

*31%

321/4

*31%

321/4

*31%

$3.60 preferred
No par
Brunswick-Balke-Collender —No par
Bucyrus-Erle Co common
5

32%

*31%

•96%

98

*96%

98

99

*98

2,300

32%

7%

Co

Inc

preferred

Budd

(The)

Co

*17%
16

9%

9%

9%

68%

*68%

*29%

30%

30%

30%

*94

95

94%

94%

——1

100

r

No par

Co

Mills

*14%

5

33%

i

Inc

15

122

»

9%
69

*17%
16%
*122

18

16%

100

17%-

17%

xl5%
*120

934

123%
934

68%

68%

68

31

31
95

16

*94%

123

9%

9%

1,600

~20
200

4,300
490

6,800

68%

120

*30

31

200

*94%

95

100

15

15%

15%

15%

15%

15%

900

■*33%

33%

33%

33 3/a

33%

33%

33%

1,000

173/8

17%

17%

4,800

1

17%

17%

17%

17%

100

*88 %

88%

*88%

88%

88%

88%

*89

100

901/2

*80

82

*80

82

82

82

3%% preferred
100
Burroughs Adding Machine_.No par

*80%

84

*74

79

*74

79

*74

79

*•74

79

4%

Corp

16i/4

68%

pfd

Co

Watch

"17%

No par
No par

common

Buff

Burlington

16
122

122%

$5 preferred
Buffalo Forge Co

Niag El Corp 3.60%

17%

17 7/8
16%
122 %

98

100

;

common

preferred

3%%

conv

2nd

preferred

Term

1

Bldg 7%

Bros

preferred

4%%

preferred
Copper & Zinc
Byers Co (A M) common

100

Butte
7%

100
15

common

14%
7%
*103

7%
*64

14%

14%

7%

*7%

106

105%

7%

7%
*64

65

5

3%

3%

No par

19%

19%

participating preferred

100

*100%
*22%

23

California Packing common..No par
5%

Jackson

Co

Calumet

Hecla

Cons

Copper

Campbell W & C Fdy
Dry Ginger Ale com

Can

$4.25
Canada

conv

preferred

Southern

Ry

Canadian

Breweries

Canadian

Pacific Ry

Cannon

Mills

'¥ 7%
>65

14%
7%
107

7%
*64

3%

3%

19%

*100%
*22

101

22%

*100%

22%.

Co

Ltd

55

1%

1%

1%

1%

3%

3%

4

4

17%
10%
*104

14%.

V/iir

73%

109

*7

7%

64

64%

3%

3%
19

19

*100%

23

33

33

33

3234

33

54

54%

*53%

55

138

1%

1%

3%

378

3%

4

17%

17%

17%

*17%

10%

10%

10%

10%

*17%

10%
;

10
"

*104

*104

105

39%

39

39

18%

*18

105

*38%

40

*39

18%

18 Va

*18

25

133i

14

13%

14%

46%

46

46

13%
X46

10
100

2,800
500

40

1,300
30
900
200

101

*22%

55

100

*45

14%
*107

32%

No par
No par

17%

*54%

17%
105

101

22%

32%

1.66%

65

*18%

1%

No par

7%

3%

*54%

No par

7%

19%

*32%

5

14%
107

*18%

1

Zinc-Lead
&

7%
107

50

preferred

Callahan

.14%

3%
.

101

No pax

Byron

18% Aug 17

46% Aug 12

44%
481/2

97%

1

Shoe

14% Jan

7

44

48%

98%

48 %

*96

common—__15

Brown

Butler

26% Jan

2

1

Co

3%%

Bush Terminal

24% Jan

26

52

xl9% May
47%

Bristol-Myers

Bush

104

43%

5
100

Briggs Manufacturing Corp__No par
Briggs & Stratton..____:
No par

7
2

10

16%

1%

4

Feb

47

51%

30%

Feb

4% Mar 30

10%
*44

20%

—15

Maine RR

May 14

82

10%

1

(The)

9% Jan

1

Feb *

10

*10

No par

——

*1%

Bulova

70% Jun

10%

30%

7

77

101/2
*39

1%

11

Jan

200

*40%

31%

Jan

Jun

*26

*10%

1%

18% Jan

Jun

79

■

26 %

13%

*30%

36

88

7%

.

26%

13i/4

(assented).lOO

15

12%

•

26%

13%

Bearing Co
__5
Airways Inc
...2.50
Brewing Corp of America
15
Bridgeport Brass Co
...No par

19

97

Shares

26%

Rollter

13% Apr

100'

the Week

13%

Braniff

29% Jun

Apr

Sales for

26%

....

Bullard

Dec

Sept. 9
I per share

No par

Co

94 % Aug 19
15% Sep
8

77

Friday

Sept. 8

5

B

Apr 26
12% Feb 15

72%

Thursday
9 per share

13 '/a

Brass

Bower

Feb

Sept. 7
9 per share

2.50

Boston &

Jun

Wednesday

Sept. 6
9 per share

*26%

Borg-Warner Corp common
3%% preferred

11% May

f per share

No par
5

Borden

71

I per short

Tuesday

1

7

36%

Sept. 5

No par

8

Dec

Monday

No par

Jan

25% Nov
,

Saturday
Sept. S

Aug

26

300

24%

97% Aug 18
2% Jan 13

7% Dec
*27% Mar

134

10%

45

17

*131%

10%

54

35% Feb

9,700

24%

7

;: ,v 8% Mar 30

2,400

27

10%

91% May 11
1% Mar 9
17

2,900

30%

24%

42% Apr 21

13

25%

29%
•26%

10%

66% July

Jun

25%

100
400

17,900

24%

96

6 % Jun

2%

10%

Feb

26

2%

24%

NOV

Jun

134

103

*101%

10%

42%

10% May

103

24%

-

class

133

'101%

No par

87%

42

133

*80

—No par

STOCK

&

1,100

27

& Laughlin Inc
Bloomingdale Brothers
Boeing Airplane Co
...

Jan

2,400

81%

30%

(E W) Co—

Jan

9%
26%

.81%

25%

102

9

26%

26%

—

64

9%

26%

30

81%

13%

81%

25 %

Par

27

9%
263/8

26%

Carpet
Birmingham Electric Co

Aug 24

9%
26%

30%

Bliss

15

9%

25%

Bliss

13

4,700

26%

12% Mar 18

26

293%

25%

6

9% Jun

90%

28%

"30%

9 per short

33% Apr
17% Jun

*88%

1

EXCHANGE

12

*12%

1

preferred
Bigelow-Sanford

500

13%
90%

2%

■,

1,000

29%

2%

■

40

28%

26%

9%
26

32%

32%

500

*88%

com_.No par

(Del)

YORK

13%

29

90%

2%

...

NEW

13

7%

7%
*28%

29 %

*88%
x29

29%

2%

8% Jun

37% May

Nov

9%

12%

13%
90%

2%

14% Mar 30

Dec

6%

29%

33%

3%

13

30%

•

13%

*88%

Co_18 pesos

10% Jun

Dec

1% Aug
32% Dec

14%

33

101

-

Steel

10

12%

*13%

33 %

100%

Black dt Decker Mfg Co
Blaw-Knox Co

57%

May
5% May

*12%

14

7%
29

100%

30 % Jan

22%

37% Nov

13

*131/4

33%

*7%
*28%

*80

22% Jun 30

Sep

32% Mar

*12%

14

7%
29

81%

7%

Range Since Jan. 1
LowestHighest

Highest
9 per share

13

*13%

STOCKS

Year 1948

1* 9

*12%

14

10

com

Foods

Bange for Prolong
Lowest

13

Appliances..—33 %c

Con.sol Mining

Feb

Dec

33%

*13%

26

Feb

Nov

33%

*12%

*<*0

30%

9

7%

*28%

10

25

26%

7%

Cum

102

1,500

28%

5

Indus

1,600

7%

100

common

preferred
Home

12%
51

28%

pfd $3.25 ser of 1946.No par
Cum pfd $4 dlv ser of l948_No par

9

12
51

10
1
1

Co—
...

Co

12%

51%

1

Corp.

Howell

12%
51

50

Bendlx Aviation

Packing

23%

•

100

RR—...

14%

;

common

4%%

(A S;

10% Feb

A

300

15

11% Jun

24

:

*14%

30% Jun

Mar

29,600

13%

14%

37% July

125

493/4

*13%

14%

Aircraft

Jun

49%

133/8

97%

Creek

■

10

49%

133/8

*95'%

Beech

2

38%

493/8

13%

97%

Beech

Jan

*38%

49%

13%

14%

4

93

38

48%

13%

39

*14%

21

102% July

38

48%

conv

20% May
19% Mar

86% Dec

39

47%
*13%

•

6% Apr 13

130

*95%

32% Feb

21% Feb

2,000

12%

10% Jan

73% Jan

15%

97%

6

Jan

15

51%

30

26% July
87% Mar

15%

12%

27% Jun

21%

15

51%

Beck Shoe

18

1,400

*95%

7

1

45

1

*38

*38

45

12%

Sep

Dec

15%

453/4

96%

82

Nov

15%

4534

51%

69

Deo

15%

15%

900

67%

12%

Co

Foods

3% %

Feb

9%

45%

67%

96%

Beaunit

68

45

68

*66

51%

8

21

45

18%

25

20 % Jan

Jun

68%

68%

16

*18%

No par

12% Apr 27

i

*67

5

Inc_„

2
6

Jan

18%

44%

50
Corp

Feb

14%

17

68

10
10

common-

10% Nov

;32%

18%

100

pfd————100
Mills, Inc
2.50

51% Sep
96'% Sep

Apr

34%

200

9 S/8

Co.—

4

5

14%

9%

8%

Works

25

Mar

*14%

9%

8%

preferred

Bath

Jan

100

14%

9%

8%

Corp
Brothers

6% Jun

69

*14%

9%

8%

Oil

Jan

22% May

14%

9%

8%

preferred

87% Feb

Jan

90

14%

9%

Works

Aroostook

&

4 % %

3

14%

Inc
Ohio

&

non-cum

51% Sep ' 1
137/b Aug 23
17% Jan 20

15

1
13

common——100

preferred
100
common—50

T)

Locomotive

Bangor

60

(B

500

1,300
70

2,700
1,600

17%
"

300

101/2

16,000

*104

105

39

39

160

13%

*18%

18%

100

14%

1334

13%

28,700

*45V4

46%

200

46

Volume

170

Number 4837

THE

COMMERCIAL- &

NEW
Range for Prerlonn

Feb K

18

48 ft

Apr

56

3%

Sep

100ft

Feb

261/4

Dec

12 ft

108

July

26% Jan

17

30

Jan

25 ft Jun

14

35 ft Jan

12 ft Jun

14

16

9

Dec

30% Mar

147 ft

1

Jun

.Feb

10

131 ;
?

Feb

97

Feb

123

39ft
105

Feb

Jun

Jan

7

•'

140

100% Aug 29
23 ft Apr 22
97

Apr

23

Capital Admin

May

xll4

class

Carolina

Clinch

Aug 19

Carolina

Power

29

Carrier

common

Corp

Case

&

General

(J I)

Co

28ft
"28ft
14 ft

preferred
Caterpillar Tractor

25

.

Preferred

7

15

131 ft Jan

6

7%

17

26% Jan

7

Celotex

17

18% Jan

11

5%

18%

Feb

14% Jun

29

17

21

Central

11% Mar 14

Central

of

7ft May 31
3

Dec

6%

38% July
8% Mar

Dec

100 ft

Nov

108
83

39% Nov

10 ft

Dec

15

May

7%

Dec

11

Jun

18%

Dec

'28ft

Apr

12 ft

Nov

20

May

24 ft

Feb

33

Jan

Jan

7

24 ft Jan

8

5%

7% Sep

9

Central

104ft Jan

112

3

Sep

13

12 ft

9ft Feb

28

12 ft

Apr

2iy4 Jan

14% July 13
22% July

27

8

11

Feb

26%

Jun

18ft Jun

13

Cerro

6

100%

Jan

91

14

15 ft

Jun

30

31 ft

Dec

45 ft

Dec
Feb

8

Jun

13

12

9

Feb

11

lift Mar 30

12% July

7ft Feb

24

10% Apr

22% July
15% July

12% Jun

14% May

Jan
Jan

Jan

41/4 Mar

9%

7% Mar
30
Apr

21

May 16

Class

A

28

36 ft Jan

Series

Jan

preferred

49% Mar

57

Jun

25 ft

Feb

42ft

Sep

25ft Jun

17

34% Jan

21

45%

Jan

72 ft

Oct

56% Jun

14

74

Jan

20

July

15'ft

Oct

10

12% Feb

4

55 ft May

$3

4

convertible

Chic Rock Is &
Conv

63% May

35

31

Feb

42

Jun

31

Jun

16

50%

Nc,V

65%

Jun

44% Jun

14

26% Apr

25

Feb

Nov

27

36 ft

Jan

48% July

29%

Xll%

"5%

Jun

11%

11%

lift

11%

12 %

12%

11%

12

"7

•7

13

18

18ft

12%

5%

5%

30 %

"3%

"15

6

16ft Jan
51/8 Jan

Par

19

20

7

60

Jan

Childs

8

Jan

Chlckasha Cotton Oil

7

58

•

Jan

36

l

7

7

Co

5ft%

30%

84%

-

13%

1,805

12 ft

II,500

12%

12%

26 ft

"26ft

27

500

23%

23%

700

95'/q

96 ft
5%

,23%

23%

"96ft

97 ft

5%

5%

5%

19%

19%

"191/4

"

:<o

300

20

1,000

30%

6,600

30 ft

30ft

30ft

30 %

843 4

84 ft

84%

"83ft

3%

3%

"3%

4v

3%

3%

8%

8%

8%

8%

8%

8%

400

10ft

10%

10ft

10%

10%

5,100

81/2

500

:

10

"8.

"8

8%

>,

15%

rj

200

84

200

15%

15 ft

15 ft

1,200

6%

6ft

6ft

6%

6ft

"6%

6ft

3,300

3 ft

3ft

3ft

3%

3%

3%

3%

900

5%

5%
20%

5%

3,100

20%

3,400

h 5ft
21

"10%

5%

5%

5ft
21

21ft

10%

11

5%

22

ft,

21

21ft

10%

1.0%

10%

10%

2.000

28

28 ft

27%

28 ft

28

28

27%

27 ft

1,700

26%

28% '

27

27

26%

26%

26 '/a

26i/2

50 ft

50 ft

"50 ft

51ft

"50ft

51ft

51

51ft

300

30 ft

30 ft

30 ft

30ft

30%

30%

30 ft

30 ft

2,700

65

651'4

65

65

65%

651/4

"65

66

"11%

11%

"11%

11%

"lift

I per share

Monday
■

Sept. 5
$ per

"11 ft

11%

Tuesday
Sept. 6

11%

Wednesday

11

"13ft

$ per share

14

3

"13%

3

40

40

"31

51ft

,

.>

1,900

800

20ft

54%
"82 ft

3%

Shares

3%

4IV2

41ft

41

41

"31U

52

51%

29%

29 ft
1051/2

105

25%

55 ft

City Investing Co common
5
5 ft %
preferred—..
——.—100

"12%

3%

104ft

25%

No par

13%

3%

33

51ft

29%

the Week

13 %

4iy2

"31

104%

25%

Bales tor

share

3 %

40 ft

33

Friday
Sept. 9
I per

Sper share

13%

3

51ft

1104 ft

8.50

com

preferred-;

Thursday
Sept. 8

Sept. 7

S per share

share

25

Elec

&

1,000

8

30%

100

Gas

12,800

12

"82ft

Machine Co—10

4%

11%

4

100
—25

preferred

Cincinnati
<

500

18

18%

12 ft

100

13

6

10

Copper Co—
Chrysler Corp

"7

26

19

—1

common

Chile

30% July 29

105ft Sep

4

18ft

5%

19

lift
ll%

8

10

871/2

ft

-3 ft

Saturday
Sept. 3

EXCHANGE

.Jun

97ft Jan

"j

19

"82

"1.2

112

"87

13

■i

8

19

87%

300

3,200

7%

LOW AND HIGH 8ALE PRICES

STOCK

NEW YORK

2ft Jun

101% May

12%

17%

No par

$ per share

$ per share

Jun

11%

112

112

13

200

14

7%

7%

"87

13

"13

13ft
,

"111

87%

lift

STOCKS

Range Since Jan. 1
Highest

Lowest

Oct

112 ft

100

Chicago Yellow Cab

1,600

31/8

12 V8

No par

A

606

8%

3%

"87

RR Co—No par

series

15 ft

8%

3ft

"111

100

com

"15%

8%

12%

preference—No par
Pac

preferred

Range for Previcns

Nov

vtc

15%

R%

87%

5% preferred
100
Chicago Pneumat Tool com„No par

29 ft Mar 30

May 11

A

161/2

112 %

"7

4,500

"16

12%

12%

170

16%

17

l'87%

DAY

—

Chicago & Northwest

27

19 ft

"111
LABOR

200

"3%

i5ft

21% Jun 14
49 ft Jun 23

44 ft

7%

15 ft

May

19% May
4% Apr

13ft

7%

15 ft

49% July

Nov

13 ft

7%

7%

No par
Chic Milw St Paul & P vtc__No
par

40

2%

13%

7%

"13

& Louis Ry Co class A—25

Class B

Dec

xl3

13%

CLOSED

Chic Ind

Jan

5ft Jan

Dec

23%

EXCHANGE

CLOSED

15%

10%

3,200

15%

8%

33%

90

EXCHANGE

8%

8% Jan

Feb

V4-

8ft

15

14 ft

8%

3 V4

8 ft

9

33% Jan

$ per share

1* ft

8%

3%

ft

10 ft

14

Sper share

1""-

8%

"3

10%

13

Highest

15 ft

8%
STOCK

Chicago Corp (The)
1
Chicago Great West Ry Co com—50
5% preferred—
_go

13

Year 1948

125

8%

26

Lowest

"123ft

15%
"16

8%

Jun

Jun

123ft

9,300

17

"16%

40

9 ft Jun

17

123

500

281/a

15 ft

15

17

181/4 Jan

13

4% Jun

13»/4 July
41ft July
23% July

Dec

Jun

123 ft

33%

102ft

28

28 ft

15%

10

14

5ft Jun 28
3

123 ft

Chesapeake & Ohio Ry common
25
3ft% convertible preferred
100
Chic & East 111 RR Co com
No par

Feb

J

Jun

123 ft

32%
101"%

28

96

July

Nov

102

33%

"101% 1021/2

15 ft

"STOCK

300

1371/2

"101

■.:> 32%

23%

7

"135

101%

96

13

138

101%

23%

Jan

2,400

101%

97 ft

3ft Jun

38%

"101ft

24

79

37%

101%

"96

Jan

400

33ft

23 ft

.33%:

"23%

July

7ft

101%

Champion Paper & Fib com__No par
$4.50 preferred
No par
Checker Cab Mfg
.1.25
Chesapeake Corp of Virginia
___5

9

34 ft

27%

25%

90

14%

ft

7%

32%

1

1

Co

14%
34

I,500

7%

"135

133

12 ft

Belt

14

34%

x38

■

25%

34% Jan

9

2,000

13%
34 %
"7ft

*

,

12

281/4 Jan

51/2 Jan

100

101%

5

Products

29%

15%
ft

100

Copper Corp

"136

33

26

17 ft July 18

17 ft

10

Pasco

138

.

"25ft

29% Jun

85

38 v

No par

8% Jan

13

37%

Chain

Jan

Feb

13%

Jun

5ft Aug 31

May

7%

7ft

Jersey

•

25V4 Mar

12

de

Certain-teed

97 ft Mar

Dec

6

par

"291/4

*7 %

ft

;

18

25 ft Aug

Feb

33%

..

18

Jan

60

4

No

'

17%

76 ft

Hudson G & E Cdrp

29 3/4

28 %

s.5

preferred series B vtc_—-100

2,000

"29ft

J4ft

>1

No par

28%

33%

Central & South West Corp com_5
Central Violeta Sugar Co
9.50
Century Ribbon Mills
No par

20

13 ft Jan

14

Sugar Co

Ry Co vtc

Central RR of New

Sep
2
8ft Mar 29

8

14 ft

"16

111 Light' 4%% pfd
100
Central NY Pr Corp 3.40% pfd—100

88 ft Aug 24 ;
35% Jan 20

6ft July

Ga

28%

101%

20

Central

9

79'A May 24
12 ft Aug 29

9ft Jun

Aguirre

•30

233/4

"1011/4
122%

100

-

102ft

ft

No par

common

7%

"101ft

29%

"7%

34

■

55

102ft

29

29%

■

141/2

7%

28%

28%*'

14 ft

"54

Shares

7%

;

27%

;■'<

No par

preferred

Corp

preferred

4

10ft Jun

7%

2nd

17

6% Mar

May

Jan

6

14

12% Jun

Jun

Oct

7ft

74

Jun

30

"14

for

the Week

."101ft

ft

33%

32

No par

Foundry Co___

Central

Sep

28 ft

102

14 ft

7ft

Sales

share

"101%

100

Jun

Jun

"101ft

S per

55

"54.

1

7ft

.7%

"136

10

common

4.20%

Celanese Corp of Amer com
$4.75 1st preferred

15ft Jun

lift

102

"14%

35

7ft

Friday

Sept. 9

S per share

14ft

"54j
■/•?■

7%

"32%
•

100

13% Jun

12%

"14

7ft

37%

50

7%

Jan

Feb

101 ft

1

common

Jun

Dec

/

No par

Corp

34%

6%

55

7ft

'

Carriers

20ft

5ft

14ft

"54
•

Thursday
Sept. 8

Sept. 7
S per share

"13ft

5

Dec

22 ft

share

PRICES

Wednesday

Sept. 6
S per share

..

10

Feb

Jan

; S per

.

100

common

17%

Dec

Tuesday

Sept. 5

1

Ry

Light

22%
16

Monday

1

& Ohio

&

.# per share

15

RECORD

10

Conv preferred 4% series

£

Aug 18

Mar

A

Carpenter Steel Co

9

Mar 12

105

Par

,

$3 preferred A
Capital Airlines Inc

33% Aug 26
102 ft Sep
9
32 ft Jan
7.

July

140

•

Saturday
Sept. 3

-

<7

ft May

40

11

26% Jun

July

Feb

* May
5
7% Aug 18

24

Jun

17

37

4

6
30

May

•52ft

Feb

22

Jan

7

32

Nov

130

8ft July 26

100

Nov

vUw.;.v W.

55 ft May 11

Jun

41%

■

6ft Mar
35 ft

15

4

23

Mar

5ft Feb

19% May
43ft Jan

Dec

30

121/4 Mar 23

]

(991)

LOW AND HIGH BALK

STOCK

EXCHANGE

S per share

50

May
Aug

110%

NEW YORK

Highest

t per share

8% Mar

Dec

30

Since Jan. 1

Range
Lowest

Highest
$ per share

11

STOCK

CHRONICLE

STOCKS

Yrar 1948

Lowest
S per share

YORK

FINANCIAL

25 ft

25

55

"31

33

51%

52%

55

i29'/2

5,400
250

33

51%

29 ft

13,300

30

104%

29%
105

300

13

105

4,900
170

'

X20

Feb

26ft Aug 18

3

.

Cincinnati Milling

55% Sep

11

42 ft Jan

May

C I T Financial Corp

8

Dec

10

Jan

6% Feb

25

•'

75 ft

Dec

84 ft

Apr

79 ft Jun

17

-■

83

Apr

5

24%

Dec

35

Jun

25

Jan

3

•

29ft Jan

27

21

.May/

16

Jun

6

19% Sep

9

City Products Corp
City Stores Co-—

14

30 ft Jan

8

Clark Equipment Co

7%

15%

Jan

27% Mar
176

Jan

20% Jun

38'A Aug

July

80

<

176

July

_

Feb
Jan

111ft

Jun

22%

Nov

34 ft

Apr

108ft

Jun

105

Oct

43

14

73

Feb

17

43

Jan

26

10ft Aug 23

15 ft Jan

19

24 ft Jun

31

Clinton Industries Inc

15

30% Feb

2

July 19
Apr 26

141 % Sep

9

Clopay Corp——-_1
Cluett Peabody & Co com
No par
7% preferred
—100

82% Jan

28

37

12%

Jan
Jan

27%

Dec

137

Feb

75%

134 ft

60%
1332

31

Dec

133

92 ft May

Dec

71

183

Dec

July

21ft Jun

July

147

Dec

45%
96

Feb

6

Aug 29

64

5

Cleve

5%

1075

Cleve

4%

Coca-Cola Co
Class

Jan

24

19% Jan

19

12% Jun

Oct

15

Jun

6

7% Jun

10

12

Nov

18% July

8'A Jun

15

Jan

9%

Dec

17 ft July

7% Jun

7

Dec

32% May

17% Jun

6

20

Nov

31% May

16% Jun

22

10%

Feb

14%

Jun

9"% Jun

7

7%

Sep

13% May

7% Feb

10

.

Gas

9
13

Columbian

21

Columbus

28ft

Jun

21ft Feb

11

36%

Jan

53% July

46% Feb

25

90

Jan

95

Jan

12

xl6

Nov

13%

Jun

22

Jan

3

5% Aug 31

Dec

8%

„

3

Apr

89 ft Jan

3

25% Jan

3

105% Aug
5
27% Aug 11

11% May

7% Jun

7

101/2 Aug 22

Dec

27 ft

Dec

36% July

Dec

32

6ft May
25% July

2ft Jun
21ft Feb

Feb

8ft

Dec

37 ft

Dec

1081/4

Dec

xl06

181/8

Jun

11

12ft

Jun

8

51

Jan

x

Apr

3.60%

Commercial

Solvents

Commonw'lth

$6

&

5

Consol RR of Cuba

Grocers Corp
Consolidated Laundries Corp

6%

Jun

14

12% Mar

8

Consolidated

15% July

7% Jun

16

9% Jan

7

Consolidated Textile Co

7%

Nov

18% Mar

8

Juii

6

12 ft Apr

13

29%

Dec

27

-4

Aug 29

109

Aug 31

Sep

106%

Dec

1051/2 Apr

20

Dec

42ft

Jan

27% Jun

17

Jun

13

100% Sep

9

13% Jan

3'

15 '/a Jan

21

Jan

5

96

Oct

99ft May

10% Mar

17% July

90

84% Mar

92ft

Sep

Aug 25

6

36% Mar 30

Jun

15

102V2 Aug 16

131/a May

6ft Jun

2

Oct

56% Feb

24

Nov

40

May

92

Oct

99

July

Nov

48ft Mar

22

30ft Jun

29%
8ft

85

37ft Jan

641/4




95

.

9% Jan
64

Common»

7

Aug 22

;

Vultee
"when

$4.50 preferred

16%

10'A

300

9%

10%

"10

<

9%
10

10

430
'V:

70

"9%

10

"9%

10

18%

18%

18%

18%

"17%

17%

17%

18

18

1078

11%

10%

11%

11

12%

12

12%

12%

59%

59%

60%

61%

62

30 ft

30

30%

29%

30

1.500

20ft

20%

20%

20'A

20%

2,100

12%

"12

59%

9

.

"59

30ft"20%

100

1,000

18%

800

11%

24.000

•12%

2,000
300

53%
100

16%
5

53%
101

V

54 ft

54

54%

25%

" 53%

54

100ft

100%

101

25

25%

25%

25 ft

25%

25%
54%

101%

100ft

101

,

800

2,100
230

16%

16%

16%

3,600

5%

5

5 %

5%

5 %

5%

5%

133,000

xl03

16%

Xl6

18 ft

16%

104%

103%

103%

103%

103%

103%

12,000

27 %

27%

27 ft

27%

27%

27 ft

27%

10,100

9%

9%

9ft

26%

28 ft

3

5

9

27

3

27%

30

30

3

3

9%

"26%

30%

"30

3

,9

"29%

3%

3

9

27%
30

400
600

100

3

1,109

26

20,000

25%

25%

25%

25%

25%

25%

V 25%

107%

107%

"107 ft

107%

107%

107%

107%

107%

400

1.33%
5

"12%

12%

12%

12%

12%

12%

12%

600

"10%

11

11

10%

10%

"10%

10%

200

15

40%

40%

40 ft

40%

__100

16%

16%

15%

16%

1

"12%

13 %

?11%

No par

pfd

7%

10ft

common

Continental Insurance

"31 %

31%

ft
30%

20

30%

30%

30%

110%

Xl09%

110%

110ft

109%

Xl07%

108ft

"108 ft

"109

34%
"99%

101

14%

15

94

94

33

oc

34%

33%
102

:>■

■

"99 ft

35
101

15

16%

94

94

33%

...

33%

"101% 102

No par
Fibre

31

31%

30%

100

Diamond

31%

110%

"101%

5

7%

7%

"7

7%

10

63%

63%

63

63 %

.

35

1.400

16%

600

12

"11%

12%

100

7%

"7%

7%

300

10 ft

10%

10%

8,200

31%

1,600

30%

30%

30%

27,509

110%

110%

110%

109

103%

108ft

140

35 ft

35 ft

1,000

100%

100%

31ft

„

35 ft

"99ft

101

31%

470

10

33%
"161%

7,

%

15%

15

15

1,700

95

15%
"94

63

40%

"15%

40%

-

10%

40 ft

16%

"7 ft- /'•

7%

10%

No par

ft

3 5 %

12

12

7%
10%

No par

preferred

40
"

'

7%
10%

distributed"

Continental Can Inc

■

1

Aircraft

_

'

12%
"10%

10c

Inc

preferred

$3.75

14 ft

16

9%

9%

Continental Baking Co com—No par
$5.50 preferred
No par

Continental

14%

16 ft

9ft

104%

$4.52 preferred!
No par
Container Corp of America com—20

4%

14ft

"16'A

.27%

Stores Inc

Retail

Consumers Power Co com

4

xl4ft

9%

17%

9

11%

25 %

10

Consolidated Natural Gas

7

• May
30% Aug

2,400

14%
16 ft

90

No par

preferred

46 ft Mar

36

1,900

17%

20%

Corp

com

21% Jan

111

700

19ft

No par

Consolidated

Consolidated

14 ft

25

Publishing Inn

Consol Edison of N Y
$5

97ft

19%

"96

No par

preferred series

23

27

230

1,900

39%

"14%

18

"57

39%

40

•

"94%

12%

No par

38 ft Jun
lift Feb

29% July 26

1,500

14%

10

30 ft

Commonwealth Edison Co

9

30 ft Apr

:V

61%

19%

11

Coppermines

103ft Apr

156%

97«ft

9%

9ft

Consolidated

Jun

61%
"1210

14%

18%

21

106ft May

156

61%

19%

17%

South com—No par

14

13

200

14%

14 ft

30%

8

30

78 ft

19%

"16

26%

July 15

96

17%

20%

100

23

93 1

"9

26%

14 ft Jan

141ft

14 ft

10%

"29 ft

11

1,600

2,300

"76%

.

40

39%

96
.

9%

'"9%

:

No par

Inc

29ft

July

9%

30%

preferred

Conde Nast

14ft
19

No par

108ft Aug

>

1,900

24

"18%

97 ft

No par

9

2,800

3%

Engineering

Superheater

151/4 May

33%

19

5

Co

Commercial Credit common

Dec

100

"96

Cigar

-Sep

10
20

141ft

158%

61ft
"1210

•

39

39

Consolidated

26

24

78

xl57%

62

"1225

Congoleum-Nairn Inc

.♦

.78

158 ft

"61%

62

3%

141ft

"140 ft

78

158

153

No par

Dec

35%

38%

par

par

No par

Elec

Dec

98 ft

62

20

Co

Ohio

So

Jun

10

158%

"76

"1225

preferred—100
A—2.50

8%

Sep

par

Ry com—100

10ft

: 19

76%

4% Jan

14

6

76%

No par

Feb

:*

1411/2

1

25

May

Sep
Mar

"140 ft

8

30

4

141ft

Feb

30

11

21

"140%

Sep

24% Jun 30
251/s Feb

11% Mar

7

29% May

106

X24 ft

103%

26% May 13
54'/2 Sep
8
101ft Aug 12
17% Jan

24%

System Inc
No par
common—No par

Carbon
&

Combustion

Feb

July

24%

._100

$4.25 cum preferred w w

Sep

62

24 ft

Pictures

32 ft Jan

Nov

24%

24%

Class B—_——2.50
Columbia

211/2 Apr

90

x24

2nd

29

25

30

non-cum

13

2

■'

11%

30

4%

1st preferred—100

18% Jun

Oct

11%

30%

4

non-cum

48% Mar

3%

lift

30

4%

14%

26% Jun

29% May

11%

30%

"4

4%

16

Jun

Feb

11%

30%

(The) common_No par

Columbia

18%

2ft

11%

30 %

4

16

Apr

104

lift

preferred—

conv

78ft

—

4.200

106

11%

14%

5%

37%
,

1,400

106

107

29%

Internat

Colorado & Southern

Dec
—•

110

25%

67ft

Colo Fuel & Iron Corp com__No par

Dec

49

28%
—

42%
111%

25%

38 ft

4%

Apr

"106

108

41%
"110%

25%

"66

Columbia Broad Sys Inc cl

12% Aug 30

"106

108

•14%

23% Jan
12

"106

42%
111

"25ft

:•

"37 ft

4%

24% Jan

42
111

25%

par
20

11% Jan

20%

7

42%
110%

25%

70

"

13 ft Jan

13

41%
xll0%

25%

"67

1

-

Coca-Cola

24

Oct

41%
111ft

25 ft

300

70

'</'>'

67

Colonial Mills Ibc_——

Jun

41%
111ft

1,900

24%
170

38 ft

2

22%

:

19%

"120

"66

19% Feb

18%

"67

"67

"23%

24%
170

••37%

Mar 22

Dec

70

f

18%

18 ft

24%

600

but!

67 ft

7

Feb

"120

7%
86

28 ft

38 ft

preferred

A

18 ft

25

170

28 ft

66%

5

Feb

CLOfc

18%

"24

"120

"82%

"37%

Aug

15

70

28%

38ft

17% Jan

40% Aug 18
96

CLOSED

"67

86

7,500

66%

8

25

EXCHANGE

"82%
x28%

1,000

55

"37%

17

5

EXCHANGE

7%

7%

86

17 ft

17 ft

170

•4"54%

28%

28%

24%

"120

7%

8

"82%

55 %

25 ft

"65%

gtd

stock—-1

Jan

89

12%

11

2nd

cum

STOCK

"7%

7%
86

28%

25 ft

No par

7%

RR Co

Climax Molybdenum

July 25
Jan

16

22%

Pitts

&

100
50
50

;

Corp—No
Colgate-Palmolive-Peet com—No
$3.50 preferred
iJum.—-No
Collins & Aikman Corp
No

29% Feb

25"% May
26% May

9%

preferred—

Special gtd 4%

24%
STOCK

No par
1

Graph Bronze Co com

xl3% Feb

Apr

16

164

13

$4.50 preferred-—-—

Aug 10

Aug 19
5% Jan 12

Jan

1075

Jan

Sep
Nov

22

60 ft Jan

Jun

July

15

x87 %

108

xl24ft Jun

Jan

63%
1332

26% Aug 25

3% July 11

36"% May

-

preferred
100
Illuminating com„No par

non-cum

Aug 15

62ft Jun

10%

5%.

Cleve Elec

11

78 ft May

35%

3
16

42

Jan

105

47ft May
18% Mar

Nov

ft Jan

112ft Jun

16

Dec

Dec

9

20% Jun

Nov

Dec

Mar

16

39

4ft

;

"17

5

20

Feb

109

69%

23%

85

Aug 10

7%
28%

No par

C CC&St Louis Ry Co com—100

36"% Mar H

Dec

16

_

70

Jun

,88

34 ft
105 ft

,

8% Apr

x54

25 ft

ft

94

94

140

33%

33%

33 ft

102

"101%
6%

7

2,800

102

7

63%

63ft

63 ft

600

1,500

16

THE

(992)

COMMERCIAL

NEW
Range Blast Jan. 1
Highest

1048

Year

# per share

5% Jun

Jun

69%

Jun

47% Feb

11

19%

Apr

11% Jun

14

7

Sep
15% Jan

Continental

Oil

Continental

Steel

23% July 28

51% July ly

July

66

55% May 13

Jun

20

4

15%

12

Oct
NOT
Jun

'

42% Mar
9% Nov

7

Oct

20

Not

97% July

94

Oct

98

Deo

66% Mar

18
88
86

66%

23%

Not

Mar

6

Feb

15

11% Jan

7

62

55

3

100

10

Jan

Aug 29

101 % Sep

3
6

171% Jan

Sep f9

26% July 19

Apr 26

Jan

6

57

17

19 % Jan

13

Jun

92% Jan

July

177

■

49% Mar

67% July

Fob

60

12% Feb

13

Jun

49% Jan

9

21%
60%

Feb

13

9

189

Copperweld

Oct
Deo

6%

Jan

Deo

3%

Feb

1% Jun

13

Feb

39%

Jun

21 % Jun

98%

Jun

96

13
27
3

11% Aug 26

Sep

8%

13

Deo

Jun

8% Jan

Jan

Mar

24%

Deo

23

Feb

7

27% Aug

1

17%

Not

26% May

14

Jun

16

19% Jan

7

36%

Deo

46% Mar

36% Jan

3

42% Apr

23%

Deo

27% Sep

8

91%

Feb

95

Dec

20%

Deo

34%

Jun

17
90
May 24
15% Jun 14

78%

Jun

55*/4 Jun

34

Deo

Jan

21

17% Aug

Feb

12%

"*■

»

28%

65% Deo
26

20

Jun

103% July
129
Jun

94 % Mar

30

15%

Deo

24%

16

Feb

Feb

150

Aug

47%

Dec

61

May

4%

Feb

12% July

18%

Sep

28%

Feb

137

Jan

133

July

x31% May

21% Mar

109

% Jan

18% Jun

14

94%

Jun

Deo

20%

Jan
Jan

14%

Deo

17%

18 %

Feb

28% July

24*%

Feb

31% Aug

Nov

May 6
8% Mar 29

73

133

Mar 14

7

19% Sep

Jun

87
Jan
11% July
15

13
4

RR

7%

24% Jan

4
7

Jan

21

26% Jan

7

137

15% Mar 18

Aug 18
Jan 24

May 12

Chemical

Dayton Pwr & Light

22%

100

15%

3,300

21

21%

21%

21%

21%

•21%

6%

6%

6%

49%

49%

*49%

t

7%

7%

6%

7%

*19%

100

*130%

*125

125

*126

50

Jun

13

403/4 Jan

51/2 Jun

13

9% Jan

7

Delaware

Jun 20

21% Sep

8

Delaware Power

& Co

19%

19%

20%
135

♦130%

400

135

20%

20%

20%

1,900

10%

1,600

10%

10%

*10%

10%

*94 %

95

95

*94%

95

*941/4

95

*113/4

1*%

113/4

11%

♦11%

12%

*113/4

12%

20

*16%

17%

*16%

17%

*16%

17%

16%

16%

100

1

21Va

21%

x20%

20%

20%

20%

20%

20%

1,100

7

common

28%

283/4

28%

283/4

28%

28%

28%

28 3i

4,700

1

23%

No par

363A

20

*35%

Delaware & Hudson

100

Western

& Light

12,400

1

common

&

900

7%

IOO

preferred
Lack

90

49%

7%

3.50

Deep Rock Oil Corp__
7%

3,400

127

48%

20%

10%

10%

*94'A

7%

Deere

300

6%

6%
*126

7%

*1303/4

20%

7%

8
21

22

49%

*1934

135

19%

1,800

7%

19%

*130%

6%
127

7%

49%

7%

19%

20%
135

20%

20

6%

127

2Va

5

19

400

21

7

Aug

26

mmm

200

; 12%

BOo

Aug

Jun

68%

12%

124%

Inc

Jan

July

7%
*65%

12 %

8I/4

38

13 Va
mm

7%

67%

123/s

8%

29

60 Va

7%
*65%

12%

8

Decca

Feb

7%

65%

12%

98

7

Jan

7%
65%

12%

98 y2

9% Jan

7%

7%
69%

8

x36

180

*160

7%

*97

13

153/4

15%
180

12%

*98

4% May 31

38%

*160

1,200

*65%

IOO

Jan

34% May

15%

180

BOo

133/4

Feb

15%

*160

100

8% Sep

12

15%

15%
180

800

>

10

Dayton Rubber Co

29%

15%
*160

series A

8

14

10
100

series B

10% Jan

Mar 29

100

95

22%

22%

3.75%

99

30

Records

2,200
.60

22 %

*22%

3,75%

11

7'/2 Jun

//■Sepz/T/

100

26%

100%

22%

■

Preferred

02

92% Jan

Jun

95

94

Preferred

Jun

31

98

94

95

X26%

22%

(The).

Corp

Jan

17

*95

•

40

*22 %

Dana

Jun

30 Va Jun

*100

•100

.

*39 %

1,100

17

No par

98% Aug 18

96
14

15%

Jan

27%

S, 100

r

94

Jun

27

100

v

3,400

60

pfd

31

46%

26%

100%

26

26%
102

400

14%

17;

100

Inc

Davison

42

39%

26%

14%

59%

A

Cushman's Sons Inc 7%

2

Deo

39%

26%

15

16%

,

2

Deo

407/a

*39

41

*40

27

59%

common

17% May

31%

14%

No par
No par

213/a Sep

27

*26%

14%

163/4

common

4

Jan

26%

14%

11%

•

94

8%

26%

14%

2,800

100

*11%

100

Sep

84

26%

14%

11%

59

pfd

$7 preferred
Prior preferred
Class

*99%

*26 %

LABOR
DAY

27%

2734

28 '/„
103

11%

16%

Inc

Cutler-Hammer

*99

11%

900

58%

preferred

Curtiss-Wright

27%

103

xll%

Cunningham Drug Stores Inc
2JJo
Curtis Publishing com
No par

Aug 18

28%

*99

11%

400

13/4

1%

40

4

*3%

13/4

16%

8

9% Apr

3%

1%

58%

23 % Aug

50%

3%

1%

5,300

63

59

Cuneo

7

4

~io

101%
190

*188

16%

1

19

189

101

*100

16%

27

Jan

623/8

189

200

2,900

58%

Jan

7% Jan

101%

63%

11%

*92

.

Cudahy Paciclng Co

101%

62%

189

x27%

28%
104

101

*100

63

189

189

*100

101%

100

8%

25%

100

non-cum

Nov

82%

27%
*99

26%

13% Feb

129

101

'

62%

63%

*8%

No par

3

26y»Jan

STOCK

No par
com

8

X16% Mar

*100

*99%

Corp common
33/4% pfd series A„„—.
Davega Stores Corp common
5% conv preferred

5
Jan 13

•100

1

com

preferred

Press

25%

101

No par

Corp

preferred

4%%

54%;/55

25

1 %

No pa*

6%

8%
54%

24%

*3%

9

preferred

cony

*8%

54%

1%

2.5*

$4 2nd preferred
5%

8%

24%

101%

CLOSED

1,000

51

54%

3%

EXCHANGE

200

10%
14

14

*49%

24%

1%
STOCK

10%

10%
14%
51

8 %

*100

CLOSED

14

54%

*100

EXCHANGE

•10%

*49%

54%

24%

8%

3%

1

10%

200

2,400

22

*53 %

54%

9,200

12%

54%

*8

.21

Crucible steel of Amer

72% Jan 24

3

7

9

Oct

13 y«

24
14

Jun

43% Jun 28

,)/■,'
86

Feb 28

4% Feb

13% July

7

122%

May

14%
51

1

Cuban-American Sugar common

88

Jan

$4.20

"53%

*14

100

Zellerbach

Crown

21%

*49%

1

preferred

22

51

187%

America.

of

4,600

63

62

21%

10%

—100

common.

5%

5%

/

*12%

14%

54%

62%
13

14%

for

Shares

*12%

10%

24%

5%

galea

the Week

1

Sept. 9

54%

62%

preferred.

5%

Friday

,

t per share

21%

21

Refining com

Aug 18

160

•10%

Thursday
Sept. 8
I per share

61%

13

*49 %

l

16

17% May

July

7

*53

5%
62%

•

160

Dec

13% May

82

4

Jan

54%

*53

5%
61

*12%

M

12% Feb 24

Deo

Deo

Jan

21

common

Cuba

11%

7%

96

21%

No par

Co

Cream of Wheat Corp (The)
Crown Cork & Seal com

Aug 31

24

21%

No par

Apr 21

7

67%

Jun

177

Apr

101

12%

5

31

July

6
5% Jun 27
60
Jun 13
10% Jun 14

155

v

Co

3%%

Creameries

13

x2l

61%

com

preferred

Crane

32% Jan

5%

61%

Coty Inc
Coty International Corp

2% Jan

t per thare

12%

Exchange Bank & Tr Co—BO
Corning Glass Works common
B
3%% preferred
160
Cum pfd 3%% ser of 1947
100
Products

Sept. 7

I per thare

Corn

100% Aug 18

29

4% May

•>*', Mar 25

Steel

Wednesday

.14

Convertible pref 5% seriea
Cornell Dubilier Electric Corp

7%

1%

$ per thare

PRICES

Sept. 6

Delaware.

Corp

Corp
$3 prior preferred
Copper Range Co

Sep

3%

Tuesday

Sept. Si

5%

of

Cooper-Bessemer

Corn

64% May

164%

02%

LOW AND UOl BALK

Monday

Sept. 3

•

Continental Motors

9
3

63

Monday, September 12, 1949

RECORD

Saturday

STOCK

thare

19% Jun 28
X49% Mar

STOCK

9 per there

YORK

EXCHANGE

8% Jan

14

10%

Feb
Mar

14

f per

I per thare

Feb

6

46%

NEW

Lowest

Highest

f per thare

CHRONICLE.

STOCK8

£aag* for PrerUtf
UwHt

YORK

FINANCIAL

&

28%

*97

10%

100

98

X24

973/4

98

*98

98%

99

98%

*98%

99%

*98

99%

50

81/4

8 Va

81/4

8%

1,200

7i/8

71/4

7% |

71%

900

*23%

200

24 >/4

23%

2334

500

37

371/4

37%

37%

373/4

371/4

37%

4,000

35%

35%

36

36

36

36

36

1,000

29

29

29%

29

29

29

29

1,000

24»/4

24

BO

6V2

6%

6%

63/4

*65/8

6%

Co—13.60

203%

20%

20%

21%

211/4

21%

22%

*6%

63/4

400

21%

*21

800

Denver & Rio Grande West RR

39% July

19

Jun

13

27% Jan

7

32y4Mar

58

343/4 Jun

14

50 % Jan

24

20

Apr

21% May

20

Jan

3

22'% Sep

9

56

Dec

60%

50

Jun

7

58

Dec

137/s May
263/4 Oct

14%

Feb

8%

22% Mar

July
Jan

43/4 Jun 29
15

Jun

14

Jan 10

Escrow

ctfs

for

Escrow ctfs

for

com

Detroit Hillsdale & S W RR Co_100

7

Detroit-Michigan Stove Co

24% Mar

2

Detroit

Dec

16%

Jan

11 Va Jun

20

13

Mar 20

Dec

28%

Jun

16% Jun

13

22

Jan

46

Jun

32% Jun

22

40

26

De

Corp

Vilbiss Co

Devoe &

Jan

7

38

Feb

46% July

39% July

1

45%. Feb

1

11

Deo

19% May

9 % Jun

14

12 «/8 Apr

5

C'AJun

13

73/4 Aug 24

Diana

Stores

127/b Jun

13

16% Aug 18

Distill

mmm

13

xl9% May

Mar

6%

•'•iLaweat

Highest

V, | per thare

.v-

S ver share

Lowest

9% Feb

I per

17 v< .fan-

3

13%

Deo

20%

00$

Nov

41

Jun

24% Feb

14

30

Jan

18

46%

Deo

56

Apr

45% Jun

13

53,

Apr

26

10

Dec

23

Jan

10

Jun

12

29

Feb

40

Jun

25

24

41%

1,100

223/8

22%

5,600

*18 /

'

u

V

*50

55

55

6

6

1,200

*18

183/4

18%

18%

6

183ft

100

123/4

12 3/4

12%

12%

*12%

12%

12 «/4

12%

1,500

*17%

18%

18

18

*181/4

18%

18%

131/2

500

200

37

36%

42

*411/4

10%

103/4

BOo

7%

7%

7%

15%

16 y8

15%

*36%

Z

LOW AND HIGH BALK

Saturday

Monday '
Sept. 5

Sept. 3

Dlvco Corp

—JS-

6%

*18

*41 %

Par

2,600

55

18%

*103/4

EXCHANGE I*

23%

*50

55

6%

2

STOCK

*50

6

25

YORK

23%

23%

6 Va

No par

Car Co_

share

25

4iy2

223/8

common

Corp

NEW

Highest /

a

I per share

41%

22 3/a

6y*

STOCKS

Range Since Jan. 1

411/4

223/8

preferred™

Match

partlc

Diamond T Motor

Kange for Previous
year 1948

23%

41%

22>/a

*

12X0

Corp-Seagrams Ltd-,,.

mm*''-

Diamond

*-

f

B

Raynolds class A

23%

41

'

1

Steel

23

41
22 3/a

*50 ,.i

I

19 Vt

35% Mar

>

20

23

41

22%

100

9% Jan

11

:,.f

100

r

pfd

Detroit Edison

f per thare

Tuesday

I

-I

11%

'-,5,

•

peftharej
11%

43

10%

10%

700

7%

7%

7%

1,500

161/4

16 y8

16 1/8

6,900

300

PRICES

Thursday

Friday
;•/Sept. 9

n.

Sept. 8

Sept. 7

f perthare

t per share

•

371/4

*42%

10 34

16i/a

16 'A

*361/2

413/4

7%

7%

371/4

41%

11

Wednesday

Sept. 6

f per share

*36%
XIO1/2

37

41%

share

*11%

pi'i%

*11%'/>12

Sales

,

'i'tfoer

*11%

12

Dixie Cup Co common™
Class A

No par

*28

29

*28

29

28%

28%

*28%

No par

*49%

50%

*49%

50%

*49%

50%

*49%

Dr.

No par

*10%

11%

*10%

,11%

*103/4

11%

10%

10%

Doehler-Jarvis

30

Shares
'

'

50 3/4

143/8 Mar 29

for

the Week
'

Pepper Co

,

29%

200
100
100

1

33

30

1,500

19

Feb

29%

293/4

11% Nov

12% Jan

3

No par

17

17%

17%

17%

17%

17%

17%

17%

Nov

8,600

67%

Apr

48% Feb

7

17% Apr 20
63% Mar 31

Dome Mines Ltd

47

Douglas Aircraft

No par

60%

60 %

*59%

601/4

60%

60%

*60%

GO %

700

32%

Feb

50%

Oct

50% Jan 21

Dow

48%

07

Feb

6,000

106%

Jun

101% Apr 22

106

Oct

101

29

108% Jan 21

$3.25

17% July 28

24 % May
4
86 % Jan 21

Dresser

19% July 26
Jan
5

Dunhill

00

Feb

xi8%

A;-

106%

43

July

Apr 29
Apr

NOT

31%

83

Jan

98

July

80

12

Deo

20

May

11% Mar

12% Deo

18

May

8% Jun

Jun

Apr

27
8

13

Jan

24

July 13

13

Corp

Chemical

Co

2nd

113%

Jan

124%

Jun

.94

Feb

99%

Jun

111% Aug
10% Deo

18

Deo

14

Feb

28

97% Jan

3

119

Jun

15%

112 " Jun

20

Jan

116

9% Jun

13

25% May

15% Jun

14

18%

Oct

20% May

13

14

13

Deo

19%

Nov

12%

Deo

223/«

Jan

88%

Feb

167

Sep

46% May
175

Jun

Jun

7% July 11
7% Jun 14
38% Jun
164

Jan

13
5

53

International

Duplan

12% Jan

10

No par

7

47% Mar 20
185

Deo

213/8 Jun

7

14% Apr

13

82

Mar

19% May
92% Jun

88

Jan

12

94

Jan

10% Feb

4

14

Apr

Jan

95

July 25

101

Jun

6

6%

Jan

89% Nov

8%
66

Jun

Jun

1

Feb

16%

Oct

33% Apr 29
123/4 Feb 25

82%

Feb

37%

Jun

323/4 Mar 18

1%

Nov

2% May
66% Jan

11

48% Deo
12% Deo

19% Nov

17

Jan

iy8Jun

13

18

Jan

May
73/4 Apr

7
10

5

Eaton

153/4 Apr

14

Elliott

593/4 Aug 26

Deo

49

12%

Feb

2~0~%

42% Jan

9% Mar

14

47

Feb

23% Aug

2

29

May 16

8% Jun

14

12% Jun

17

July

16%

Dec

13% Jan

16% Mar 31

12%

Jan

16% Aug

14% Jan

6

29%

Deo

34

Jan

x29% Jun

16

97

Feb

104

Jun

100% Jan

24

Nov

4% Jun

6

5% Aug 17

9% Jun

13

14% Jan 21

4%
9%

Jan
Feb

6%

Feb

16% July
65% July

69

Sep

68%

4

Deo

60%

9% Dec
7% Mar

9

Apr

48% Jun
55

Jan

25

3%

Dec

7% Mar

3

Jun

15




24.

113%

113%

80

*10%

10%

*10 J/4

10%

300

19

191/4

18%

19%

14%

14%

14%

14%

8%

*8%

9

9%

•9%

9%

18%

19%

2,600

14%

143/a

14%

14%

5,500

*8%

8%

*8%

8%

9%

9%

*9%

9%

200

42%

6,000

42%

42%

423/a

43%

182%

182%

183%

183%

26

26 %

26

26%

25%

26%

1

15 3/4

153/4

15%

15%

16%

16%

*92%

•92%

93%

11

*96

94

*92%

94

11%

11

11

11

97

97

97

6%

38%

387/a

14%

6%
39

14%

14%

*35

*35

35%

40
*11

39

39

14%

14%

35%

6%

6%

*1%

1%

1%

40

40%
,

:

*12%

113/4

185

20

251/4

25%

2,000

161/4

16%

1,400

'92%

'

97

*6%

*35

42%
*183

11

97

11%

93%

10%
*96

10%
97%

900
120

6%

6%

6%

500

39'/4

39'/4

39%

2,100

14%

1.400

14%

143/a
36

'35

1%

1%
41

40

*11%

12%

36

1%

700

40%

2,000

12

200

21%

21%

213/4

21%

22

21%

21%

*563/4

59%

*57%

60

*58%

60

*57%

58%

45%

451/4

*45

47

*45

47

*45

45!/4

100

25%

25 %

24%

25%

243/4

24%

24%

24%

1,500

4

9%

93/4

9%

9%

*9%

9%

9%

900

14%

4,100

21%

B
10

14%

143/4

93%
15

16%

16

16

15%

15%

16

16

2b
100

*31%

32

32

32

31%

31%

32

32

*102 V2

104

*103

104

*103%

104

104

1

5 3/4

5%

No par

10%

10%

10 %

100
SO

*50%

51 %

*50%

51%

*50%

51

50%

*57%

60

*57%

60

*57%

60

*57 Va

common

common

B

10% Jan

7

EvanR

B

Products

113%

3

Bldg

Pittsburgh

Ex-Cell-0

400

113%

423/4

Eureka Williams Corp

Eversharp

300

102%

182%

6

9% Aug 12

122%

102%

42%

31

46% Aug 18
5% Apr
6

Jan

122

BO
60

preferred series A
&

51%

51%

*180 %

Jan

4

36

page

5%
Erie

29,600

51%

51%

123

18%

4% Jan

13

49% May

see

61% Jan 24
68

51%

300

10

Endicott Johnson Corp
4%
preferred
RR

6,700

102%

40%

& Phonograph
Empire District Electric Co

Erie

11%

*122

11 %

Mfg Co

Equitable Office

18

11%

*102

39%

Emerson Radio

28

Deo

footnotes

13

18

113/4

122a/4

IB

Gas

Electric

50%

No par

preferred

Natural

18

31%

*79

102% 102%
*113
'113%
xl0%
10%

1%

preference

Paso

Emerson

6 % Jun

Jan

84%

For

Jan

El

18

11%

*122

13/8

common

conv

63/4 Jun

20% May
11%

1

July 12

3% Feb

173/a May 26
333/e Mar 25
104

5%

28

7

Co

5%%

50%
123

18%

S

Electric Storage Battery

223/a Aug 18

*122

*102% 102%
10%

No pa*

10

13

50 3/8

DAY

B

Elgin National Watch Co

Jun

LABOR
•

1

Convertible preferred

13% Mar 24

15

Oct

Nut Co
Auto-Lite (The)

Stop

51

173/8 Jun

83

19

11%

IOO

7

48

*18

11%

100

2

Jun

18

2.BO

common

10% Jun

jun

1,500

18

*10%

Elec & Mus Ind Amer shares

74%

300

18 %

If

12

27%

106%

18%

18%
83

100
S

common

■34% Jun

Jan

*105%

18%
*79

•9%

Electric Boat common

Aug 19

2% Jan

106%

11%

113%

Corp.

preferred

Electric

*105%

18%

*8%

preferred

7

107 %

83

113%

1

Inc

Products Co

4%%

*107

*79

IB

Co

Airlines

4%%
Ekco

Jan

36

CLOSED

107%

84

_B

Edison Bros Stores Inc common

Elastic

43

EXCHANGE

CLOSED

18%

*107-

105

105

18%

100

preferred
Manufacturing Co

1

41%

.

6 %

2

Deo

X69

1st pfd

Eastman Kodak Co

Aug 12

16%
106

32% Jan

EXCHANGE

,

July 20

105

47%

47%

107 %

*79

No par

Eagle-Plcher

33%

Deo

No par

series

Eastern Corp common
Eastern Stainless Steel

Deo

Deo

series

$3.50

Eastern

14

10%

$4.50

Preferred

16% Mar 29
13% Jan

STOCK

47%

47

30

& Co—

Preferred

Duquesne Light 5%
D W Q Cigar Corp

46%

*106%

18%
STOCK

8

20% Mar 30

80% Dec

92

(E I)

133/4 Jan

7

1

Corp

Common

Aug 18

123% July 5
102 3/a Aug 26
115% Jan 12

100

46%

107%

*103%

No par

common—BOo

preferred

conv

45%

X29%

30

*106

No par

A

preferred

Industries

3%%

29%

18

common

$4 preferred series

Du Pont de Nem

43% jun

B

RR Co

Co

Inc
Corp

Exchange Bufftc Corp

I
J
JM

16%

4

14 %

4

7%

"

7%

14%

.

■

>' V 53/4

4

14%

10

10%.

*4

4

*7%

7%

9

83/4

8%

vc

.45

44%

*3%

4

*3%

8%
44

53/4

53/4

44%
4

•

*7%
83/4
X44

*33%

14%

104

5%

53/4

10 3/a

10

*4

4%

*7%

7%

4

10

50%

500
400
10

2,400
4,500
100

60

4%

300

.

7%

400

8 3%

83%

cr%

534

1,700

8%

1,700

45 1A

45%

1.100

*3%

4

Volume

Number 4837

170

THE

COMMERCIAL

NEW
Kuft for Previous

Range Since Jan. 1

54%

Jun

Nov

33 y4

Oct

28% Nov

Nov

34

Jun

19

Feb 28

13

23% Feb

15

12% Aug

20

1

5

Nov

11% Jun

11

Feb

16

Oct

11% Mar

43

Jun

32

35 %

Feb

% Jun

8

3% Jun

14

Feb

31% May

24% Feb

9

17

95% Mar 23

Jun

19%

Dec

24%

Sep

12% Sep

8

17%

Dec

26%

Jun

12% Jun

14

53%
42

Dec

103%

Nov

Feb

7

Fairbanks Morse

3

Palstaff

14"% Aug 10
7% Jan

July 21

18

6% Jan

20% Jan

Oct

43

Jun

105

49% Mar
14% Feb

59% July
20% Aug

53

28%

42%

Jun

7

May

98% Jan

7

103

18% May 25
13% Jan
3

28

96

Dec

26

*104

Dec

13

Dec

12%

Dec

21%
40%

79

Dec

105

82% Nov
24% Dec
22

31% Jan

7

10

Jan

6

16% May 19
14 % Sep

7

18
26

3%%

47%

Food

12% Aug 17

8

Jun

13

10 %

May 13

Franklin Stores

Oct

x38

Feb

26

53

Aug 11

84

69

Aug

78% Feb

14%

14 %

14%

14%

14%

Xl4 %

14 %

2,200

%

%

tt

%

%

4,400

14%

36%

*17

14%

-

V

■

14%

14%

14%

14%

14%

36%

17%

36%

*35%

36%

♦35%

361/4

17%

17%

17%

17%

17%

*17

3%

3%

4

3%

4

4

4

1,800

;

100

500

4

1,000

29 %

29

29%

100%

*100

100%

13%

13%

13

13%

12%

12%

12%

12%

1,800

15%

15%

14%

15%

♦14%

15%

15%

15%

700

29

lo

com

*67%

66%

68

29%

29%

*100

67%

29%

67%

2,900
130

1,100

68

68

67%

29%
100

100

1001%

25

45%

45%

45%

45%

ioo

106 %

106%

106%

106%

106

1061%

65

65%

65 %

65%

66

66%

*66%

66%

11%

11%

*11%

11%

11%

11%

11%

11%

26

26

STOCK

STOCK

•

XCHANG1

EXCHANGE

CLOSED

CLOSED

24%

*22 %

15%

15%

*14%

14%

9%

9%

7'.

13

13%

•

26%

26%

DAYV^MJ:;1

10

♦102

23%

15%

9%

13%

700

45%

60

106

'.<25%

2,900

25%

22%

16

15%

15%

14%
9%

13'%

27

100

22%

9%

14%

10

•

23%

14%

■

500

<:

.

103

♦102

700

'

15%
|

:

9%

451/8
106

103

*22%

14%

14%
'

45%

25% ;25%

103

*24%

LABOR

45%

25%

25%
*102

102% 102%'
15%

No par

V:

*14%

»

2,200
200

15

9%

3,800

13%

13%

8,200

26%

14

9%
26%

5,200

26%

26%

*84

65

*84

85

85

85

*85

86

91

91

91

91

*91

92

92

92

Corp

90

24%

25

24%

24%

24%

25%

25

25

1,500

24

23%

23%

*24

common

prior preferred
Francisco Sugar Co

10

23%

ioar

No

•'

P J

Corp.:.":::.,

:

12

*23 %

12

10

8%

8%

49%

Maftlng~Ccfinc_l

50 %

49%

14%

16%

16%

17

69

IIII60

14%

16%

common

14%

69%

69%

69%

2,100

9%

8%

8%

600

51 %

1,400

15

151/4

500

17

17

*69

70

51

14 y4

15

16%

16%

•69

160

51%

8%

50%
*

30

24%

9%

10

8%

8%
50

14%

A?'"'

9%

10%

*8%

~~io

preferred

26%
'

"25

Froedtert Grain ft
Fruehauf Trailer Co
4%

14%

*35%

il

%

100%

6 %

2

%•:.,:

600

j

Freeport Sulphur Co_

68%

900

14%

100

26

6
Aug 17

37%

IIIZlOO

Feb

4

24

37%

5

conv pfd
preferred

9

16% Jun

24

37%

g

Machinery ft Chem Corp

26% Mar 17

17% Mar

36%

24

37%

1

25% Feb

16% May 27
20% Jan 12

36%

*23%

37%

'

17

19

36%

23%

37%

in

19% Feb 11

11% Jan

600

36%

23%

37%

No par

21% Jun

12% May
24% Jan

36%

36

23%

100

Corp

8

Foster-Wheeler

Shares

36

i

Food Fair Stores Inc

3

the Week

37%

714.

7

Jan

fer

Bales

Sept. 9
8 per share

1

Power Corp

3%%

95

July 18

Friday

Sept. 8
1 per share

f per share

1

com

Plorshelm Shoe class A

90% Jan

May

89

Sept. 7

t per share

23%

par

2

78

Dec

Thursday

Wednesday

36

Firth (The) Carpet Co
No par
Flintkote Co (The) common__No
par
$4 preferred
No par
Florence Stove Co
No

Puliansbee Steel

9 per share

g

First National Stores

29

Juu

f per share

No par

Firestone Tire ft Rubber
4% % preferred

14% Sep
29% Jan

24 '/b

PRICE#

Sept. 6

1

4%% preferred
Felt ft Tarrant Mfg Co
Ferro Enamel Corp
Fidelity Phoenix Fire Ins N Y

24

Tuesday

Sept. 5

Co™__2

Federal Motor Truck

Federated Dept Stores

Florida

Monday

20

May

10

Dec

Aug 26

17

RECORD

No par

Federal Mining &
Smelting
Federal-Mogul Corp

20% Apr

16% May

Feb

May 26
2

3

Co

Brewing Corp
Family Finance Corp common
FAR
Liquidating Corp
Fedders-Qulgan Corp

9% Sep
8% Feb

38% May
25% Jan

9% Dec
8% Aug
35% Feb

3

Jun

92%

Mar

Jan

8

12

12% May
47% Jun

Dec

50 % Mar 31

107% Mar 17
66% Sep
17% Jan

Jan

27

Aug 18

6

May 16

July

11% July 13

Jan

Dec

9% Mar

70

8

21% Jun

36% May
15% Jun

22%

5

17% Jan

Jun

Nov

10

July 14
100% Sep
2

69%

63% July 13

20

Aug 17

30

53

107%

7

ft

(993;

LOW AND HIGH BALE

Fajardo Sugar Co

5

38% Jan

20% May
12% May

14% Jun

Dec

99%

41 % Jan

6

Jun I

Mar

Feb

STOCK

Sept. 3
Par

25% May
39% Aug

15

5

90

CHRONICLE

Saturday

STOCK

EXCHANGE

S per share

9

16

20%

NEW YORK

Highest

I per share

t per share

Apr

37

*19%

Lowest

Highest

I per share

FINANCIAL

STOCKS

Year 194 X

Lowest

YORK

&

70

2,500

7

110

G
6%
6%

Dec
Dec

10% May
10 y4 May

16%

Dec

20

Dec

12

9

4% Jun

15

4% Jun

14

7% Apr
7% Jan

10

Jan

14% Jun

30

17% Jan

8

Aug

6% Jun

1

9"% Jan

38%

Dec

12%

Feb

48"% Aug
17% July

16% Nov

23% Jun

~5%

Dec

11%

Jun

15

41% Jan

13

Feb

25

17% Aug 18

15

19

12

Feb

105%

100%

Jan

8%

Feb

9% Mar

14

Apr 26
13% Aug 31
6% Feb
3

13

32% Feb

4

23% Jan

7

14

13% Jan

3

103% Jan

Jun

25

42

Feb

99

May

159%

13

15% Jun

11% July

Apr

15

3% Jun

53% May
106

Jun

21% Jun

9% May

May
26% May
18 y4 May

Dec

146

34

45

Dec

99% Mar
42

10

10% Jun

27% Dec
16%

4

July

153

Jun

17

46% Aug
106

2

Jan

11

14

10% Jan

24

July 15

163% Jan

19

9% Jun

Dec

15

17% Aug 18
107

6

72 y4

14% May

9% Feb

24

11% Mar 31

Nov

9

15

July

6

13

10

Sep

82

Jun

Jun

28 Vb

Nov

44% July

65% Apr 25
24% Jun 14

18

Dec

24

17

*125

NOV

Jan

Jun

28

144

Jan

129

Jun

17

31% Mar

43

May

34

Jun

28

34

Mar

41

Jun

39% Jan

3

87% Nov

96

Jun

93% Jan

4

13%

Dec

X6% Jun

14

44% Jun

15

9

Mar

40%

Feb

118%

Feb

128%

Jun

Feb

108

Jun

97

53

Oct

123% Jan
97

Apr

Jan

7

79% Jan 20
31

Jan

7

20

Apr

1

139% Apr
40

2

Jan

6

45% Aug 19
100 % Sep
6
13% Jan 11
52% Jan

13

4

128% Jun

7

4

107% Jan

13

Gabriel Co

(The)
Gair Co Inc (Robert)
'

8%

Gamble-Skogmo Inc
6%

(The)
Gardner-Denver Co
Gar

• per share

.50% Mar

i per share

■$ per share

Nov

51% Jun

14

63% Aug

8

Jun

123% Jan

5

126% Sep

2

93% Feb
12% Mar

99%

Jun

x97

6

103

2

17%

Jun

13

16%

Feb

26

Nov

22% Jun

12%

Nov

18% May
4% May

66

2%

Feb

10%

Dec

15%

18%

Dec

29

120

Sep

Jan

Feb 25
17

.11% July 19
2% Jun 28

11% Jan

3

May

128%

Jun

15% Jun

14

Jan

120

Sep
-

-16% Mar
3% Jan

8
8

7

15

Aug 18
20% Jan
t
Jan

ft

4% Feb

10

6% Sep

8

22

24% Jan

7

24%

Nov

31%

Jan

24

28% Aug

8

110%

Feb

132%

Oct

22%

Dec

21%

Dec

Apr

/ 99% July 18

29% May
30% May
102%

18%

Dec
Jan

99% Apr

4

15% Jun

21% Jan

5

77% Apr

11

70

Jun

73

9

5% Jun 15
27%

Feb
Dec

39% May
96% Jun

24

87

79% Jun

1

17

Dec

25

12% Jun

14

May

75

Dec

85%

19%

Nov

28

48%

Feb

55% July

4

Mar

113

Mar

14%

Dec

47% Mar
94% Mar
38 % Mar

96% Mar

Jun

6%

Jun

14

72% July 11
21% Jun 17

Ma~y

17% Jun
48

July

5% Jan
x95% Jun

13

14% Jun

29

Oct

52% Jun
100

Jun

3

34

Jun

14

98% Jun

20

23%

Jun

10

10

2%

Dec

5%

Jan

5%

Feb

8%

Apr

1% May 12
5% Feb 19

18

Oct

16% Jan

Feb

35

Oct

16% Jun

23

Nov

31

May

89

Nov

99

Jun

Mar

29

4

14
5

93 % Apr

26

14% Sep

11

Jun

14

40

32

Jan

6

July

Dec

xl2

20% Mar

15% May

Feb

50% May

100%

5

31

8

Jan

12

17% Jan

7

Mar 24

Aug

45% Jan

9
26

105% Aug 30

16% Mar

5

3% Jan

7

8% Apr

23

22% Sep
28% Jan

8
7

25

May 31
99% Sep
9
9
16% Apr
3«

Apr

11

13

13% Sep

2

13

43% Jan

7

3

18% Jan

10

8

144% Mar

16

Dec

23%

Jun

16% Jan

Feb

145%

Jun

133% July

60

Apr

77

Jan

66

29%

Feb

40%

Jun

33% Mar 19

13%

Dec

17% May

10

Feb

13% May

90%

Dec

98

Jun

16%

Nov

25% July
Jun
9

52%

51%

128

105%

101%

7%

7%

50%

51%

50%

3,000
350

100

7%

'

52

Xl27%

*9J

*98%

127

127%

106

51

■

:•

■

■'

1,300

127

127

50

*100

106

200

127%

♦100

106

2,900

7%

-

i per there

9

Sept. 7.,.

Sept. 6

pershare

I per sh&re

f per

share

Ihdrie

t perHhare

24,000

62%

62%

62%

62%

127 %

126%

126 7/b

102%

102%

102%

102%

16%

16%

16%

16%

*16%

16%

16%

16%

700

28%

28%

28%

28%

x28%

29

28%

28%

900

13%

14

14%

14%

14

14

1

13%

par

♦122%

123%

*121

4,000
>

15 '

14%

14%

17

17%

16%

1,000

,!

/; 3%

14%

17

20,700

16%

*121

123%

,

300

:

123%

6%

6%

1,300

123'%

*121
6

6%

6,600

*23

6 %

23%

400

22%

22%

23

23

27%

28

27%

27%

106%

106%

106 %

106%

107%

110

26%

26%

26%

26%

26%

26%

1,600

*20%

21%

21

21

20%

21

1,200

*99

103

6

*27%

27%

106%

106%

No par

com

6

;

No par
20
100
5

com

26%
EXCHANGE

CLOSED

21

*99

102

STOCK

EXCHANGE

26%

21

STOCK

CLOSED

'&■

fe

72

17

-t

•65

68

v,

17

17%

73

•71%

68.

*65

♦65

6%

6%

*6%

DAY

28%

29

28%

Nopar

*82%

85

*82%

9

14%

Nopar

*25%
19%

preferred
Goebel Brewing Co
Gold ft Stock Telegraph Co

50

conv

8%

1

*100

10

No par

com

15%

*61%

,

1,100

,;29 %

29

6%

3,800

*83%

85

15

14%

15

*73%

75

*74%

75

25%

*51%

52%

8%

8%

♦100

102

9
102

15%

*15%

15%

62%

/ 61%

61%

.

*74%

75

,

25%

25%

19%

20

20

52%

,*51%

800

25%

19%
*51%

19%

52%

75

25%

25%

19%

,9

V

9

15%

*103

Nopar

38%

par

*103

104

15%
62

62%

,4,500

,

400

15%

1,000

Vn► 62%

39

39%

104
39%

*103

104

*103

393/4

39%

„

39%.

104

,

397/a

1

1 '

3,000
300

No par

Gotham Hosiery

105

*105%

105%

No par

preferred

♦10%

11%

*10%

11%

*103/4

11%

11%

11%

100

1%

1%

1%

1%

1%

1%

9,100

7%

7

105

105

Graham-Paige Motors

1

1%

1%

Granby Con sol M S & P

5

7%

7%

10

22%

22%

Co (The)

V

*7

22%

105

223/g
22%

105

V

102%,"

*100

153/8

62%

Z

9%

v

102

*100

1,900

52%

■

Goodyear Tire ft Rub com—No

"

'

4,100
"

25%

,

30

«68

6%

29%

1,000

73

85

15

50

100%
18

*65

7

*82%

15%

18

*71'/a

68.v

•

29 %

28%
85

100 %

17%

400

28

28

73

67/e

6%

20

♦51%

100

Inc

14%

14%

*73%

2.50

No par

102

*99

*71%

16%

16%
72

LABOR

•106

No par

com

(B F)
$5 preferred

*3

3

14%

14%

.100

v

23%

Corp

Goodrich Co

127

5%

1

preferred

Goodall-Sanford

3

3

*126

23%

common

(The)

*2%

14

■>

62%

for

the Week

Sept. 9

Sept. 8
t per

share

■alee

Friday

Thursday

Wednesday

Tuesday

Sept. 5

102%

105

/

22%

*7

7 :
22%
■

22%

;

200

22%

24%

22%

2,000

22 '

22%

23%

7 %

22%

400

1,700

No par

*22

22%

5

♦23

24

24%

24%

100

City Steel

98

98%

*98

99%

*98

99%

99%

99%

70

15%

15%

*15%

15%

*15%

153/8

*15%

15%

100

33%

*33%

34

*33%

34

*33%

34

100

Co common

preferred

Grayson-Robinson Stores

com

1

33%

pfd
No par
Gt Northern Iron Ore Prop__No par
Gt Northern Ry 6% pfd
No par
conv

12

93% Jan

4

100

15% Jun

15

5

Feb

24

92

Jan

4

99

9% Jun

13

14

*12%
37%

com—No par

17%

100

♦135%

600

12%

13

13

13

13

13

37%

37%

37%

37%

38%

3,300

17%

2,500

xl7%

17%

*133%

137

*65

68

39

39%

12%

12%

39%
*12%

17%
136
69

17%

17%
1353/4

17%
1353/4

136

*65

*65

69

120

136
69

1,200

39%

39%

393/8

39%

39%

13%

123/fl

12%

*12%

13%

400

11%

10%

11%

11%

21,200

—

Common

11 Vb

3

100

preferred

Grumman

Aircraft Corp
Guantanamo Sugar common

*99%

1

17%

1

*5%

20%

Jun

Jan

7

Feb

Gulf Mobile ft Ohio RR com_No par

44

58%

Jun

41

Jun

14

50

Jan

8

57%

Feb

81

Jun

56% Jun

13

71% Jan

7

14

Jan

$5 preferred
Gulf OH Corp

18% July

16% Jan

3

preferred

Gulf States utilities Co

23

37%

*65

Greenfield Tap ft Die Corp__No par

(The)

23

13

1

Co Inc

*22%

37%

100

Nov




7

10c

4

24

100%

61%

12%

page

16,100

102%

97

see

i'j: 70

37%
45%

♦126%

Feb

footnotes

156%

61%

85

For

100%
7%

/»

No par

10% Jan

16

100%

300

"

*17

11% Jun 22

Apr

37%
45%

2%

(H L)

20

36%
45

100

?

36%

155%

37%

45%

•

.

45%

lj5

135

37

44%

17 '■*

Corp
preferred

conv

137

137

45

14%

Glldden Co

$5

13

No par

Green

July 11

10

29%

*18%

100

Greyhound Corp

July

*28%

19%

com__

Gleaner Harvester

4%%

29%

•18%

2%

39% Aug 26
14% Mar 29

July 27
20% Apr
6
7% July 13

♦28%

126%
103

Co

Bay ft Western RR

July 20

200

2,000

■

18%

14%
17

Green

Jun

.7

28%

5

Great Western Sugar
7% preferred

66

138

150

10'/2

6%

7

2,200

-

157V2

*10

18%

10c

3

3

6%

.4

61%

No

3

Jun

*155%

10%

*10

-0

V8

72%

106

Menday

'

100

$2.25

155

155

lO

*71

Corp

Time

(W T)

K6',a

10 %

*126%

preferred

3%%

*102%

1,900

42%

*102%

3%%

Grant

42%

106 %

10 %

1,700

%

72 %

♦127%

100

Granite

43

j

Nopar

Cement

Utilities

Union

1,700
:•

17
10

par

preferred

Grand

1,500

No

4%%

$5

16%
*1Uj?u

♦71

♦105

_18

series

Gen Tire ft Rubber Co

4%%

20%

1,700

-V:

v

71
28%

) 37%

52%

Baturday

preferred

$4.50

12%

71

7

"Nopar

Advertising

Gimbel Brothers

20 /

17

*102

6%

'

Gen Realty ft Utilities
General Refractories

4Vt%

6%

j

Gillette Bafety Razor com
$5 conv preference

11% Jun

132

5y« Mar

No par

7
13

33% Jun

*

36%

Jan

9% Aug
116

64

Oct

18

76

104

Oct

15% Aug

Jan

17% Jan

14

50%

Jun

91

24

105 %

9% Mar

36%
44%

Georgla-Pae Plywood ft Lumb Co.l

53% Mar 25

Dec

15

•137

No par

No par

7

6

Oct

64%

33% Jan

3

28% Aug 18
21% Jan
7

Nov

103% Aug

Mar

12% Feb

17

24% May

122

4

13

July 19

4'%

23%

Nopar

General

67

12%
*21%

LOW AND HIGH ■ALE PRICES

4

102 % Jan

Dec

May
82% May

6%

18%

Sept. 3

9

23

200

;,:r'4%

106%

43

10%

29%

1100

27

26% Sep
22% Apr

100
500

<•

/

16% /
17%

2C

17

155

10 %

18%

_joo

Jnn

3

16%

4%

*106%

10%

155

*28%

STOCK

Railway Signal

6%

.%:•

17-72

12%

19%

106 %

10%

50

General Shoe Corp
Gen Steel Castings $6 pfd
General Telephone Corp

18% Jun

90

72%

122

=

22% Jan

Jun

30

Dec

Mar 14

123

Gen

500

1,500

35%

23%

,

*21%

43

10%

71

100

Portland

Public

4

106%

♦102

'

155

No par

com

Gen Precision Equip Corp
Gen Public Service

Gen

♦34%.

16%

12%

A:

17

17

,

10%

*70%

Motors Corp com

Outdoor

106%

10%

100

preferred

$5 preferred
Preferred $3.75
General

Sep

20% Jun

May 19

General

29

6% May
30% Jun

76

♦102

6%

Far

Gen

Feb

98%

42%

'

16% Aug 16

22%

4% Mar

42"%

17 •,/:/

No par

f per share

125%

1,400

7%

*7

'

42%

EXCHANGE

Oct

119

19%

19%;

*10

,„

YORK

-Vr

6

16%

lti

16%

12%

*105%

155

preferred

NEW

19%

106%

g

General Instrument
Corp
General Mills common

Lewest C

7 z
35

*17-.

4%

16%

No par

preferred

Range Since Jan. 1
Highest

Highest

•

35

23%

*4

*105%

g

common

2nd preferred

conv

12%

'"-*21%

1

No par

Co

General Electric Co
General Foods Corp com
$3.60 preferred

3% %

12%

3

Transportation

Genera* uigar Co Inc

5%

17%

100

preferred

7%

16%

17%

23%

19%

STOCKS

Year 1948

-

com

General Bronze Corp
General Cable Corp. com
4%
1st preferred
conv

*16%
v:

4

*22

1.66%

$4.25 pfd series A

i%

35%

5%
16%

1,500

5%

*4%

6

16%

7

1

18

12%

l

$4.50 preferred

$8

*17%

50

General American Investors

Baking

16%

6

16%

7

♦35

5%

5

6

7

35 %

2
com

preferred
Gaylord Container Corp

General

5%
16%

16%

.

'

Industries Inc

Amer

5

5%

*16%

No par

conv

General

vv,

6

16%

•35

No par

Corp (The)

Wood

4%%

♦6%

5

6

50

Gamewell Co
Garrett

♦4%
16%

g

com

preferred—

conv

*»«f« for Previous
Lowest

1

I 1
I20

com

preferred

*98

No par

25
No par

11%

*98%

100

100

17%

6

18%

5%

17%

53/4

*98

99

99

10%

V

V.

10%

10%

10%

*48%.

No par

„

xll

49%

*48%

49%

67%.
18%

68

.",18 %

'

100

♦98%
18

5%
*98

10%
X48

'

11

*98%

'

18%

.17%

5%

5%
*98

99

68%

683/4

18%

18%

18%

18%

1,000

5%

,

2,400

10%

47%

48%

68%

6,500

18%
99

10%

10%

68

100

483/4

1,600

67%

68

3,600

18 3/4

19

5,500

.

THE

(994)

COMMERCIAL

Range Since Jan. 1
Highest

Year 104*

t per share

FINANCIAL

CHRONICLE

STOCKS

Range for Previous
NEW

f per

PRICES

Wednesday
Sept. 7

share

Friday

Thursday
Sept. 8

$ per share

Sept. (i

t per share

8 perthare

SALE

Tuesday

Sept. 5

Sept. 3
Par

Monday, September 12/1949

HIGH

Monday

Saturday

$ per share

$ per share

$ per share

AND

LOW

STOCK

YORK

EXCHANGE

Lowest

Highest

Lowest

&

S per thare

Sale# for
the Week

Sept. 9

Shares

$ per share

H
31

Feb

35%

NOV

22%

Dec

35% Aug 25
20% Aug 19

Hackensack

Water

Halliburton

Oil

3

14% May 19

Hall

Printing Co

11% Jun

27

13

Mar 29

Hamilton Watch Co

72 % July 26
104 % Apr i
4

Xl4% May

79

Mar

89

81

Jan

\

Jan

Xl01%

Feb

107

21%

Feb

27% Jun
150% Jan

146% July
20 y8 Dec

4%

*34%

4

7

Jan

16% May

12%

25

Cementing—5

Jan

16% Jun

31

Sep

Dec

12

Oct

15%
<12%

Jun

18% Jun
142

149

6%

4

19

Hart

14

.

19%

19%

19'A

19%

13 "A

13%

13%

13%

14

700

*11%

12%

*11%

12'A

11%

11%

12

12

30J

*75

77

*75

77

*75

78

100

*105%

67% Mar 21

11% Jun

6% Jun 28

8% Mar 14

11%

5% Jun

9% Jan

7
1
9

Hecht Co

20%

\

23
5 y«

62

106%

%

203

5%

900

23

*22%

5 %

3,000

20%
148

*143

23%

5%

10

108

20%

148

*22%

5'/a

*106%

20 %

20
*143

23

*5

62
7%

78

106%

20%
148

23

5'A

*60%

*75

106%

*143

*22'A

10

5

20%
147

*143

100
Marx

*105%

106%

20%

com—No par

preferred
Schaffner &

2.50J

19% f

13'A

Hat

20

Jun

35

*34%

35

19'A

13%

Corp of America common—1
4%% preferred
—,—100
Hayes Industries Inc—
——1/
Hayes Mfg Dorp
2
Hazel-Atlas Glass Co
5

8

Dec

*34%

19%

13%

No par

com

Refrac

35

*34%

35

19'A

5

Co $4.25 pfd—No par

(M A)

Harbison-Walk

Feb

5% Jan

3

4% Jan

Well

preferred

conv

Hanna

24% Jan

May 12

20% Jan

34% May

4%

6

107% Aug
4
23% Jan .13

20

(W F)

5'A

'

Dec

79

6%

Feb

6%

Feb

59

61

Jan

Jun

Jan

7

26% Jan

19% Feb

3

20%

Oct

27 %

20 % Jan

13

24% Aug
25% Aug

78

Jan

01

Jun

84

Jan

17

94% Sep " 8

29%

Dec

42

Jan

30

Jan

3

36% Aug 19

95%

Jan

103

May

98% Jan

14

22%

Nov

24%

Nov

23% Jan

t4

34%

Dec

35%

Oct

34% Jan

6

—

Mar

x20

13%

Dec

July

22% May

103

Dec

57%

Apr

Jun

128%

Feb

122% Feb

15

Oct

30% Apr
123% July
27% Jan

113% Jun

25%
114

Mar

'17

Nov

40

26% Mar

Helme

21% Jan

26

14

21% Jan

7

Motors

Heyden

3

84% Sep

1

3%%

preference

Hewitt-Robins

Dec

14%

12%

Dec

25% .Jan

21 %

Feb

20

9%

Dec

29% May
16% May

8% Jun

29

13

15%

Feb

30%

16% Jun

20

22% Jan

21

25

Dec

30

Oct

24 % Mar 10

27% Apr

1

Holly Sugar Corp_.
5% conv preferred

29%

Nov

42%

Feb

34% Jan

43% Sep

8

Homestake

24%

NOV

99

Dec

Chemical Corp

preferred

16

15

May

2

3

15

May

4

Hires

16

26

Aug 18

35% Jun
103

X24

Jun

94 %
Dec

18%

jun

29%

Dec

46%

Jan

27

29

Apr 29

100

Dec

II

3

99

Sep

30

34% Aug 10
35% Aug 18

Nov

34%

Jan

81

Oct

04%

Jun

86% Jan

6

38

Mar

49

Oct

42% Jun

20

38%

Jun

29% Feb

7

20%

Feb

14

6

n

23

Jun

12% Jun

14

47

Jun

31% Jun

28

8% Dec

4% Jun

7

8% Jun

29

33 % Jun

7

47% Jan

26

14% Jan

8% Aug 31
1% May 23

11% Jan

8%

Sep
Sep

14% May

34%

Jan

50

Nov

12%

Dec

22%

Jun

9

Dec

19

Apr

Dec

5

May

10%
2

12%

Sep

14%

Jun

Feb

10% Jun

8% Jan

5

Oil of Texas

Howard

Stores

• per share

$ per share

100

41

100

15%

16%

*15%

48%

48%

f.

48%

*128%

130%
34

123

122

15

*14

*14

.

V

17%

17%

34%

34%

122%

*14%
17%

17%
86

*83 %

9%

*14%

14%

14%

14%

14%

14%

14%

24

23%

24

400

15

100

24%

24%

800
500

*14%

12%

*12 Vb

12%

12%

18%

18%

18%

'18%

19 VB

19 %

19%

26'A

26%

26%

26%

26%

26%

26%

1,300
1,000

42%

12'/«

12%

42%

43%

43 %

43%

43'A

43%

4,800

12%

12'A

18%
*26

42'A

*27%

28'A

27%

POO

28

27%

27'A

5

27%

27%

*107%

108%

_No par

*93%

94%

*93%

94%

94%

94

%

*94'A

No par

11%

11%

11%

11%

11%

11%

11%

11%

1,200

50

33%

33%

33%

33%

33%

33 'A

33'A

600

No par

34»/»

34%

*34'/e

34%

34

34

34%

35%

*93%

94

93%

94

93%

93%

*93%

94%

140

No par

45%

45%

45%

45%

46

46

45%

46%

1.000

38

38%

38'/s

39

38%

39 %

38%

39'A

7,000

com

t

v

25

C—

108

*107

*33

10

95

1,000

100

1

—

—

*14%

15%

*14%

15%

*14%

15%

15%

15%

5

35'A

35%

35%

35%

35 Vb

35%

35

35'A

1,000

7%

5,200

7%

7%

7%

7%

7%

11%

11'A

11 VB

10%

37%

37%

37%

*37%

11%

11%

11%

12

8'A

8%

8%

8%

1%

1%

1%

1%

preferred

———

1

—

Refrigerator Co

.

No par

Saturday
Sept/3

EXCHANGE
Par

$ per share

HIGH

Monday

Tuesday

Sept. 5

f per share

13%

14

13%

LOW AND

STOCK

YORK

200

107%

107%

108

*107

37%

NEW

2,000

13%

13%

15
24

24

9%

9%

14'A

14

*14%

2,300

17%
88

*83%

9% «'■: 9%

9%

220

15

17%

17%

i—

8C0

34

123%

*14%

15

86

200

2,600

131

123

11%

Corp

■

34

122'A

9%

24

!

48

*129

34%

*14'A

<

48%

130%

X4tf

15

17%

*83%

86

16'A
48%

*16

%

*128%

.

130%
122%

34%

33%
*121%

49

16

16

15%
-

100

Highest

t per share

29

*40

—No par

Corp„

Howe Sound Co-

Hussman

Jan

Lowest

*28%

41

Hudson & Manhattan common—100

Range Since Jan. 1

Highest

29

'39%

*128'A

STOCKS

Year 1948

x29

12.50

com—

Houston

Hupp

30

29 %

5

preferred

non-cum

120

103

102%

102'A

40'A

Hudson Bay Min & Sm Ltd—No par
Hudson Motor Car
12.50
Hunt Foods Inc—
—6.66%

2% Jan
14

*101%

100

36

100

Household Finance

5%

*35

36'A

40%

10

pfd scr A
$4.25 preferred
Houdaille-Hershey com—
$2.25 conv preferred—

11% Mar

6

101%

25

93%

93%

*28%

DAY

30

Mining--

Range for Previous
Lowest

& Sons

;

39% Sep ' 8
15% Sep
9
46% Jan 20

*35

3,200

22%

22

*24'A

94%

29 '/a

5

2nd

3% (/o

94 %

40'A

9%

Co

Houston Light & Power

4

101%

101%

*83%

Co

95% Mar 14

Dec

3%

Furnace

$4.50

36%

5
13

—

Hooker Electrochemical Co.
1

25

36%

„100

E)

48% May

Jan

33

3

12% Mar 30

11

Feb

28% Ja

May

13

9 % Jun

.

13

Jan

109% Aug 17

1

(Charles

Hollander (A)

Aug 15

22

*24

*35

1

11% Juri
12% Jan

Jun

22

24 %

94%

1

A—

ser

Hilton Hotels Corp
Hinde & Dauch Paper
Holland

22'A

24'A
*93

2,^ J J

6

*28%

LABOR

5

9

Jun

*21%

94%

200

7%

*40'A

No par

Inc

28% May
86% Jun

Co

5%

24%

CLOSED

,

.—No par

Oct

July 12

5%

22

*100%

—

14% Jun

5%

•

Nov

10

CLOSED

10

78

8% May 20

EXCHANGE

preferred
100
Hershey Chocolate com—1—No par
coriv

5%

5%

*35

25

17%

Jan

EXCHANGE

preferred—

S%

79% Jan

xl3% Aug 25

STOCK

Hercules Powder common.y—No par

$4

*7%

22

STOCK

common,.....;.

non-cum

Hercules

7%

sen

100

i

.

*7%

6

50

62

*61

62

7%

*24'A

,_25

Co common

62

*7%

6

—100

—,

preferred

(G W)

7%

35
Aug 19
123% Sep
9

1

14

(H J)

♦

-15

common

preferred

3.65%

9

17% Aug 22
49% Aug 19
128% Aug 31

1

Dec

Heinz

29% Aug 31
40% July 28

4

13 % Jan

41%
120%

Sep

3%%

7%

62

8 per share

8 per

1

600

*10'A

11%

37%

37%

1,200

12'A

11%

12

f

8%

8%

8%

8%

2,000

1%

1%

1%

1%

5,^00

13%

14

11

14

$ per

.

Friday

1, -o0

Sales

for

Shares

S per share

share

1Q

the Week

Sept. 9

Sept. 8

$ per share

*

14

13%

Thursday

Sept. 7

share

7%
37%

12

SALE PRICES
Wednesday

Sept. 6

7%

I
30%

Apr
27% Mar

35%

31% Jun

7

8

Idaho

42% July

22% Feb

24

30% Jan

7

Illinois Central RR Co

62%

90

73

; • Jun

13

84

Jan

7

95

Jun

29

96

Jan

4

20

Jun

13

28% Jan

21

Feb

Jun

95
•

;

A

July

Sep

97% May

24%

Jan

37 % July
30
May

26% Aug

25% Jan

4

28

33% Aug 29
54% Aug 31

35*

t

*

RR

stock

conv

clfs

series

A—

34%

35 V8

4.6C0

26%

26%.

26%

26 %

27 %

26%

6,900

80

common_100

pfd ser A__100
Leased lines 4%—————100
non-cum

35

26%

20

Co

Power

6%

"

51% Jun
9%

35% Sep

80

79%

79%

80

80

*80

80%

300

*94

97

23

23

97

*94

97

*94

97

*23

24

*23 %

23%

31%

31%

31 %

31%

31%

32

3) %

32%

*54%

Illinois Power Co common—No par *
4.70 % preferred
50

54 %

54%

54%"

54%

54%

54%

54%

12%

Jun

7% Jun

15

10% Jan

7

Illinois Terminal RR

5

*7%

8%

25%

Jun

21% Jan

4

27% Sep

1

Indianapolis Power & Light—No par

26%

26%

15%

Jan

3

8% Jan

10

45 % Sep

6

Industria

Electrica

Industrial

Rayon

De

38%

Dec

56

Jun

33% Mar

4

58%

Nov

76%

Jun

55

Jun

7

*68

Aug 22

Ingersoll-Rand

Jun

155

Jan

11

J 65

Apr 25

Nov

30

6% preferred
Inland Steel Co—

150

Feb

34% Mar
15%

Feb

6%

Feb

13

Dec

86

Dec

160

47%

21% May
8% May

-

A

1%

Dec

125%

Feb

26%

Dec

x34%

15 % Jan

26

11

93 % Apr

174%

1

5% Nov
23%
71

Feb
Deo

Dec

9%

8

2% Jan

8

Intercontinental

29

V 13% Jan

7

Interlake Iron

5

l
3

5% Feb

24

1

24

jun

:

Jun

14

73% Jan

17

3 % Mar

5 %

May

3% Feb

26

34%

Oct

25% Jun

14

135

Jan

*42% Mar
86

5%

*

85

99

Dec

14

Dec

.52% Jan
39%

Nov

43

Mar

; 30

Mar

8%

Nov

v

139% July
64% Jun

Feb

Jifly
May

107%

135% July 7
41% Jun .13
94
-

45

Jan

41

Mar

8%

Nov

Jun

£22% Mar
29

NOV

137%

Jan

16%

39% May
145

Business

Int'l

Harvester

Machine

31% Jan
143

-

55% Aug 18
103

May

com

preferred

100

Mining

Corp

168%
26 %
I'l

*73

I

4%

27%
137

15

53%

_'No par

*100%

com

preferred

Int'l Rys of Cent Amer com__No par

5% preferred
International SaltJ

•

45% Aug 19
57% Jan 13
34

i

3

Jah27

11% Apr
11% Apr

i

4

11

15% Aug

■

14

74

tr/.'.:

1

9

17

l

28%

_

International Paper Co
$4

23

i

5

Aug 10

<

29

Feb

1

u

32

Jan

21

148

Feb

2

136% Aug 12

International

Foreign

i

share

34%

34%

12%

*12%

12%

12%

12%

Q%
14%
91%

9%

9%

300

14%

14%

l(prn

91%

91%

■■V: 1%

*!%

No par

*8

5

15%

No par

170

*167

-

90

1%

400

10%

2,200

170V2

900

26%

27%

14.200

179%

179%

169%

6%

1,000

29

29'A

4,800

74

73%

73%

4%

27%

*4%

27%

27%
136%

53 %

*100%

103

7

29

*73

74

136%

r

53%

>=

54

180

7

29

7

4%

27%
137

170

28%

*73

*.'!

*137

4%

4%

27%

27%

54%

100%

102%

100%

100

900

4%

8.400

28

130

137

137

137%

53%

i.

t

6%

53%

8,800

53%

200

103

*101

3,400

5%

*5

4%

5>/s

5 %

5 Vb

46%

46%

47%

48%

48%

48%

52

52%

*51%

52%

.*51%

52%

300

44%

v

.

44%

44 %

44%

44%

44%

700

46
1

No par

10

27%

45%

8

*1%

/.

180 %

4%

45%
*31 'A

1%
10

10

26%

44 %

33

*

.

31 %
8

8%

46

.

46

,

33 £

8 %
;

15%

20%

19%

19%

27%

27 %

27%

27

27

27

1

*138

142

*133

200

500

45%
33

*32

8%

!-8%
15%

9

23,50)

8%

*8%

8%

500

15%

15%

1,900

20%

21

21

300

27%

•

15%

20%

15%

; *19%

8%

45%

46

33

8%

8%

;

8 Vb

15%

-

*31%

8%

50c

preferred

1%

179%

6%

44 %

common

91%

26%

28%

No par

25

"

7%

4%

Intertype Corp

91%

800

178%

v

28%

53%

ctfs

14%

26%

170

46%

common

15

1,500

178%

26%

4%

"

r>",

9%

*14%

170

46%

Dept Stores

Island Creek Coal
$6

34%

12%

178

*51%

International Utilities Corp_„

<

34%

Oft

1%.

74

700

161

34%

,*90%;

100

7% preferred
25
International Telep & Teleg—No par

Interstate

-

*157%

161

34%

91

—No par

Shoe—;

International Silver

*157%

*157%

1...

5

8

14

.

1%

DAY

17

July 28

Jan

CLOSED

LABOR

Feb

18% Feb
Jun

CLOSED

Int'l NickeTof Canada com__No par
Preferred
100

Aug 25

7% Feb

14

24

Int'l Minerals & Chemical
4%

66 %

161

2/;00

44%

66%

14%

*90 %

Int'l Hydro-Electric Sys class A—25

International

44%

67

n.%

14%

EXCHANGE

100

Feb

30% Aug
8
7% Jun 13

24

STOCK

EXCHANGE

No par

61

,< 7% Jun
14 ■ j

t.

8

,

„

-

.1

*'

Feb

7

STOCK

No par

common

preferred

71

5

■

7%

6

' Jan

i:

Jun

26% May
35% Jun

Int'l

20

Jun

38% Jun

65% July
35

5% Aug 19

.

4% Aug 23
46% Sep.
50

16%

7

.

81% Mar 11
>

5

Jan

'

17% Mar

Jan

Jun

64

Aug 10

28% Jan

180% Sep
8
7% Aug 16
29% Sep
9

45

67

No par

'

22% Jun

164% Jan

jun

93

180

No par

i

600

8

44%

12%

Rubber

6( 0

2,800

45

161

*■»

1
100

400

26%

67

12%

20

preferred

Jun

24% Mar

.

%

*7%

7%

,

45

34%

5

..T%

5.2^0

7%

7%

26%

67

*34%

—

8%

8

27

45%

*157%

common

26%

250

«7

44%

No par

;

Jun

38%

4%

Corp

*145% Jan

Jun

156

Interchemical

*7%

26%

*8%

i—100
-—

8

8

26%

8

8

1"

_——

Inspiration Consol Copper
ftisurapshares Ctfs Inc

20

9% Aug 23

Mex, S A—

commons—No par

9% Jun

Jun

Oct

8

3

30

16% May

160

18% Jan
•

Jan

3% May

Feb

14

8

12% Apr
86% Jan

23 % May
103
Jan

.'11%

41% Jan

May 31

11% Jun
8

•

26%

23%

Feb

Jun

35

35%

*94

20% Nov
7% Nov

4

24%

•

*22%

1000

Co_

35%

27%

27%

27 %<

400

27'%

27

27%

700

•

'

27%
•;

27%
••

142

*26%

*128

142

*138

142

*

'

4%

"

Deo

10

Dec

23%

Jun

11% Jun. 14

,79%

Dec

92%

Jan

81

39%

Feb

48

May

44

18

May

2% Jun

t

13

8% Jan • a
18% Jan .24

:
>

Jan

3

;

92

Aug 31

Jan

24

>

56

July 20

'103% Sep

89%

Oct

99

May

95% Jan

17

33%

Sep

42% Jun

30% Jun

6

100%

Feb

40% Sep

Jun

6

'110% Sep

29% Jun

30

-20%

>

113%

Jun

101

Feb

35

Oct

99

Dec

106

May

102

Feb•15

145

Jan

43% Sep
105% Sep

158

Jun

155

May 23

160

Oct

21

29% Mar

39%

Jun

;

14

.83%

Feb

93%

Apr

73

Jun

28

30%

Nov

43%

Jun

31

Sep

8

8% Jun

30

>

,

8

7
.

8
9
7

86
Jan
3
40% Mar 16

(F L)

Co

l

3% %

13%

pfd__100

*90%

No par

preferred

—100

Johns Manville Corp com
No par
3%% preferred
100
Johnson Si- Johnson common
12%
4% 2nd preferred series A
100
Joliet & Chicago RR stamped
100
Jones Si Laughlin Steel com—No par
.

5%

Joy

preferred series A

Manufacturing

Co

100

1

3%

3% ■■h 3%

No par

Jersey .Cent Pwr & Lt A%
Jewel Tea Co Inc com

9

Apr 26

33% Jan

Jacobs

Jaeger Machine Co

13'A

.

*13

3%

"Z

3%

*13

"14%

PI

3%

3%

\

*13

14%

91

91

91

55%

55%

55- A

55%

*54%

*103%

103%

103%

*103%

103%

39%

40'A

40'A

40'A

40%

1

3%

*

56

250

"

100

14%

90%

91

90%

54 %

56

80
500

"

110

110%

*41%

42'A

*105'A

170

40

>110%

105%

*155

*103'A

24%

.24%

<;

42

105'A
*155
i.

24

*l(-9
43

42 •'

105%

105 %
170

*155
1

24%%:

24'A

40

'108 %

110'A

103%

10

40%

7.100

110%

500

43%

43%

43%

105%

105%

105%

*155

170

23%

24%

v

300

130

170

24%

4,400

■

79%

79%

*79'A

31%

V

110 %

103%

31%

31%

80

r; 79%

31%

V

•

31

80

79%

79%

T02

31%

31%

31%

3,400

1,100

K
11%

Dec

X89

I

Nov

21

May

8

Kalamazoo Stove & Furniture
Kansas

98

May

08%

Dec

23%

Feb

48%

Oct

48% Mar

60%

Jun

101%

Dec

94% Jan

100% Feb
x34% Feb
52

Jan

12

11
24
3

Sep ' 7

17% Jan

7

May

26 %

July

17% Jun

23

22% July

xl3% Jun

13




58

8

18

Feb

page

105% Aug 30
43% Apr 12

21% Jan

Dec
Dec

see

Aug 22

16% Aug 18
14% Jan ' 7

13%

footnote*

102

14% July 25
10% Jun
1

20%
15%

For

12% Jan

2«

3.80%
4%

10

10%

10%

10'A

10%

10%

10 %

10'A

10'A

100

*100 V2

101%

*100 %

101 %

*100%

101%

«1Q0%

101%

1,05 %

*104'A

105 %

*104 %

>

City Power & Lt Co—
preferred

cum

preferred

100

105%

105 %

*104%

105 %

40

par

38%

39

39%

40

40 %

40%

39%

40%

2,700

100

56%

56%

58

58

58

53

57 %

57'A

400

Light Co com_8.75
Kayser (Julius) & Co__.
5
Kelsey Hayes Wheel conv class A_1

15%

38.400

11%

11%

*19%

20%

*19%

20%

15%

15%

15%

Kansas
4%

City Southern com—No

non-cum

Kansas Power

Class

B

preferred
&

1

15%
12

15%
12

xl5V«

15%

16

15 VB

11%I
*20

16

15%

15%

11%

*11%

12

20%

*20

20%

16

16

16

400

1,000

Volume 170

Number 4837

THE

COMMERCIAL

Rang e for Previou

S per share

Range Since Jan.1
Lowest

Highest

NEW

Highest

f per share

$ per share

Oct

40

Jun

6

56% Jan

40 %

Nov

51

Apr

39

Jun

20-

46% Jan

7

16%
24

92

Oct

11%

Feb

63

Mar

Oct

11% Feb

May

17% Jun

104% July
14%

22% Sep

15

Jun

14

10% Jun

14

90

Jun

75

Jan

62

29% Dec

37%

Oct

95% July

90% Aug 11
X35% Feb 16

Nov

32

Feb

39%

Jun

Mar 18

45%

Feb

58% July v

48% Feb

40%

Nov

49

43

4%

Feb

4%

Oct

6% May

Dec

12

24

Mar

9% Mar
42

98

42 7%

5

4%

Aug 17

Mar

37

Jan

4

Dec

26% May

16% Jun

29

90

Dec

99

90% Jan 20

10

Feb

13% May

6% Jun

Laclede

11%

14
7

21

'

46

Jan

Lane

26

May 18

6

May 24
11% Jan 10

42

Sep

Jun

3% Jun

3% Aug

4

4% Aug 23

4% July

1% Jun

3

3

19% Mar
Feb

56

May

5% Jan

13

4% Jun

15

x41% Jun

15

8%

Dec

12

16%

Feb

26%

Jun

20% Feb

Dec

56 %

Jun

44% Jan

8

Nov

12

Apr

6% Jun

14

38%

Jan

34% Jun

14

37% July 27

91

Jan

72% Apr

13

88% Jan

Feb

14

33

Nov

8%

Nov

174% Mar

170

47
May
13% Jun

55 % Mar

23% Jan

=

Stores

13

Lima-Hamilton
Link Belt Co

io;

24% Sep

7

Lion

17

Jan

7

Jan

27

Jan

24%

Jun

16 % Feb

22

% Apr
18% Aug

5

14%

Dec

20% May

57%

Feb

68%

xl8

Nov

30% July

15% Jun

23

Jan

20

18

Feb

21%

19% Jan

23% Aug

8

Jun

14% Jan
x60

Sep

138

Nov

158

Jun

23

Nov

25

Nov

May

Jun

153

Jan

Lone

1

14

99

13

21 % Mar 30

Lowenstein (M) & Sons Inc
4 % % pfd series A
Lukens Steel Co,

.

Sep

9

Gas & Elec Co

Lousville

&

(Ky) No

Range Since Jan.1

Highest

Lowest

f per share

NEW

Highest

t per share

$ per

YORK

700
100

3,800
100

300

15

x29

14%

143/4

*69%

70%

20

29%

,

70

29%

29

29%

8,600

70

*143/4

70

29%

30%

4,100

93%

58%
54%

■

94

k*93

94',

94%

110

41%

41

41%

413/4

413/4

3,200

58%

58%

58%

58%

58%

58%

1,300

54%

41%

94

41"%

93%

54%

54%

54%

54%

54%

1,200

8,500

7%

7%

7%

7%

7%

3%

*35/8

33%

*35/8

3%

35%

3%

600

21%

*21%

215%

21%

215/8

22

22

1,200

11

*10%

11

11

11

10%

10%

7%

7%

300

45

45

45

*45

453/8

*45%

45%

30

22%

23

23

*23

23%

*23

23%

500

41

39%

393%

*39

40%

*38'%

40%

100

18%

*18%

18%
95

,

18'%
*94

41%

*1%

16%

16%

5%

*5%

48 5%

4%

200

1,100

1%

500
800

16%

5%
49

49

1,700

10

10

*9%

10%

*9%

10%

400

23%

23

23'%

23%

23'%

1,100

53%

-

53%

53%

1,500

4%

1%

*5'%

16%

1,700

23%

10

23%

4%
*4

1%

48 5%

5'%

20

7%

41%

41

-

43%

49

48%

73/4

4%

1%

16%

*5%

5%
50

*4%
*4

2

16 3/8

17

*5%
49

41%

4%

4%

2%

41%

300

18 3A
95

*94

73/4

43%

4%

43/a

73/4

41%

43/8

18%

18%
94

■

7%

41

41%

94

95'%,

7%

7%

*16%

54 %■

54

543/4

543/4

54%

7%

73/8
36%

36%

,

7%

7%

363/4

7%

36 %

,

*363/8

8

7%

373%

*36%

2,000

8

7,600

37%

500

87%

2,000

•••':=

■'/ V

•

86%

182%

181 %

*39'%

;

41%

41

41

58%

24%
14%

14

*39%

59

59%

500

243/4

24

24%

5,700

14

14%

*69%

72

b9 %

73

*69%

18%

18%

19

18%

19

18%

17%

173/8

17%

17%

17%

17%

69

69

68%

■

"(

69

69

20%

203/8

233/e

23%
166

166

.

100

3,800

59%
»

18 5/8

73

*69%

90

41
8

8

14%

*14
*

184

*39%

8

243%

14

184

41%

*58%

24%

24%
14

86 3%

87%
183

8

"58%/ 59%

59

24

183

8

7%

8 3/8

8

863%

863/4

xl81%

863/4

86

182%

x68'%

700

73

,

-

18%

2,600

xl6%

17

8,700

*67

67%

400

20%

20%

20%

20%

20%

20%

500

23%

■

233%

x23%

23%

233%

23%

3,500

167%

167%

70

170

*167

168

165%

30%

*30%

303/b

30%

30%

30%

30%

1,000

*32

32%

3 2 5%

325%

32%

32%

325%

33

1

24

24%

24%

24%

24 5/8

24%

245%

245%

1,300
1,900

100

*97

98%

*97

98%

*97'%

98'%

98'%

99

210

*17 %

173/4

*17%

173/4

175/8

173/4

175%

175%

300

30 %

50
com

10

STOCKS

Year 1948

143/4

*69 %

cl%

par

Nashville

Range for Previous

i per share

■;

V

......

Jan

15

Lowest

■

Star Cement Corp
Long Bell Lumber (Md) A„No par
Lorillard (P)
Co common
10
7 % preferred i
.100

Jun

98% July
Jan

31% May 31
95

7

xl4%

*4%

No par
No par

Louisville

207/a Jun

24%

Sep

Inc——

25% Aug 18

50

35% May

Dec

168

Loew's

30% Aug 29
41% Jan 11

Dec
Feb

Nov

:

—No par
No par

14

37

17

69% Aug 31

23 7% Jan

20

91

5

15

"73/4

Liquid Carbonic Corp com
No par
3%%
conv
preferred
100
Lockheed Aircra,ft Corp^.—.—........I

Co.-v-i.-

*100'

70

5

66% Jan

13%

101

*18%

No par

Corp

14

78

*100

*94

100

14

65% Jun

1003/4

22%

5

17

Jun

X100

*39%

25

Jun

85

101%

_*__7
com

13% Jun

Dec

22

9%

52% Jun

68 %

22

23%

preferred

Oil

22 %

-

DAY

No par

19

Dec

x22

5

T

Lily Tulip Cup Corp

7

22%

—No par

Corp

8

41

7%

22

*443/4

LABOR

1

Liboey Owens Ford Glass
Libby
McNeill
&
Libby
Life
Savers Corp
Liggett & Myers Tobacco

9

22%

7%

preferred—No par
pfd
No par

Sep

12%

*4

(The)

Apr
10% Jan

15

33

70% May

15%

Jun

x6% Jun

184

22

Corp

*12%

*35/8

2nd

Lerner

9
8% Mar 30

10 %

Oct

1st

non-cum

12%

46

11

1

Lehn & Fink Products

18

54% Sep

31% Mar
157

non-cum

50c

24% Aug

82

Mar

$3

*123/8

101%

$ per share

21%

CLOSED

issued

com

Lehman

12%

STOCK

EXCHANGE

CLOSED

3~

com

when

com

11% May 16

4

STOCK

EXCHANGE

5

Co

50% Aug 23

8% Feb 21

May

& Sons

Lehigh Valley Coal

12

8% Jan

(James)

12%

54%

50

.j,

12%

Shares

43%

58%

_1

Tire

Additional

8

24% Jan

25

43%

7

Jan

&

81421/4

41%

No par
——

45%

42%

93%

3.8p% cumulative preferred-—100
Lehigh Coal & Navigation Co^
10
Lehigh
Portland
Cement
25
Lehigh Valley RR
No par

1

8%

Rubber

Lees

98

13

4
No par

common

Lee

Mar 21

Jan

Jan

Bryant

43

33% Jun 13

Co

pfd—75 Pesos Mex

(The)

4% % preferred
Lane-Wells
Co

22% Jan

3

Jun

Light

46%

42%

29%

—No par

26% Jan 19

1%
5%

10
10

6%

453/4

423/a

*14%

No par

Co

46 %

42'

*69%

100

.

Co,

Gas

Consolid

Lambert

6

4% Mar

41%

common

45 %

42%

'100

No par

& Co

(S H)

La

Jan

22% May

14

15

Inc

Kresge (S S)

6

4

Jan

26% July
10% May

Co

45%

21%

1

common

preferred

7% Aug 17

10

19% Jun

Dec

Koppers

26

Kress

43

39

Co

tlio Week

Sept. 9

*12%

100

Kroger Co (The)

53% May

Jun

R)

2

29% May
47
May

30% Mar

Jan

•

<G

galea for

Friday

Sept. 8
S per share

8 per share

42

No par

com

Thursday

Sept. 7

f per share

No par

$5 prior preferred

8

Oct

21%

Kinney

71Aug 16
31% Jan / 7

t per share

PRICK ■

Wednesday

45%

>

5.

—.

2nd Dreferred

conv

59 % Aug

25% Aug
35

4%

X55% Aug

3 % Jun

9% Jun

Kimberly-Clark Corp

3

17% Jan"

14 % May

7

# per share

HIGH ■ALE

Sept. 6

-

19

(995)

Tuesday

Sept. 5

No par
Co

Wire Co

&

14

Jan

4% Jan

Apr

Dec

17

Keystone Steel

101 =
Aug 31
xl4% Sep • 7

25% Jun 20

89

Kennecott Copper
Kern County Land

13% Jan <"7

25

Par

Monday

Sept. 3

:

'

12

Feb

Saturday

v

$ per share

60%

Dec

CHRONICLE

LOW AND

STOCK

"

Feb

19

YORK

EXCHANGE

42 %

12%

FINANCIAL

STOCKS

Year 1948

Lowest

,

&

AND HIGH BALE

LOW

STOCK

Saturday

share

Par

Monday

Tuesday

Sept. 3

EXCHANGE

Sept. 5

Sept. «

f per share

< per share

f per share

PRICEB

Wednesday

Bale* for

Friday

Thursday

Sept. i)

Sept. 8

Sept. 7
I per share

1 per share

S per

the Week

share

Share»

12%

100

M,
9% Jun

x35%

Dec

40

129"

Oct

142

Feb

13%

Dec

30% Mar

94%

Dec

10

Nov

xl6%

9%
490

Feb

Feb
Dec

6%

Nov

27%

30

131

Apr

Sep

10
14

27% Jun
95% Jan
10% Jun

6%

10

Mack

100 % Apr

iJun

24

Jun

13

24

M

MacAndrewS

26

Apr
15% Jan

6

23

5

6% Feb

138

6
6
10

Magma

19% Jan
500

3

Jan

12

8% Aug 25

Mandel

26

Jan

15% Jun

14

18

14%

Jun

6% Feb

10

10% Apr

29

18%

Mar

25 % May

17% Jun

13

x22% Aug

8

6% Jan

13

%

Dec

May

8

Feb

22%

Dec

92%

Dec

103%

9% Nov

17%

Sep

29% May

Jun

16% Mar 18
19% Apr 29
95% Jan

5

8

Mar

7

May 14

17% Jan

20

24% Aug

8

103% Feb

14

Shirt

Manhattan

Maracaibo

Oil

Marathon

Marshall Field

Co

&

Apr

7% Jun

14

Jan

10% Feb

11

12
Apr
13% Jan

7

13

57% Jan

7

Masonite

18

Dec

27% May

11% Jun

13

19% Jan

7

Master

27%

Feb

45

Oct

42

2

Nov

176

Feb

Jan

170

Feb

15

179

Aug 16

47%

Apr

38

Jun

1

46

Aug 12

84% Mar

93

Jun

89

Jan

4

97

Aug 25

84

Feb

93

Jun

89

Jan

11

97

Aug

77% Aug
8% Dec

85

Jan

80

Feb

23

85%- Aug 16

7% Jun

27

10

33

Dec

Apr

rt:

Jan

110

May 25
Jan

S3

Jan

19% Mar 22

25

36 % May

Dec
Feb

88

Jan

101%

29

Nov

42%

41%

31

10

9

Jan

29% Jun

14

39% Aug 23

24

34

McGraw-Hill

Apr

21

Mclntyre

McKesson & Robbins Inc

87

Jan

98%

Jun

92% May

3

100

18% Feb
15% Dec

24%

Jun

19% Feb

24%

Jan

16

17% Mar 11

McQuay

17% Jan

Mead

90

Sep

2

34

Jan

12

20%

Dec

25

% Dec

13

15

Jun

20%. Jan

3

24% Aug

16

7% Jun

14

1-3% Jan

8

34% Jun

30

49

12% Jun

14

15% July 25

Dec

19% May
62 % May

12%

Jan

18%

8%

Nov

50% May

47

12% July 14

Jun

■Jan

22

5%

(1st

(The)
1st

conv

DAY

8%

8%

8%

8 %

8

8

8%

160

231/4

1,500

102

190

8

1,300
500

*12%"

123/4

*12%

123%

12%

12%

400

5

No par

40%
176

44%

443/8
96

96

41

41

179

*176

40 3/4
*176

45%

44 %

*96

96%

.

44%
*96

41

41%

10

443/4

2,000

97

*96%

97%

20

'95%

*96

r96%

*96

96 5%

96%

87 %

*86

87%

*85%

87%

9%

9%

93%

9%

38%

*37

114

9%

9%

38%

*37

114

*113

*9%
37%
*113

21%

37

21%

22

21%

215/8

33%

3334

34

34

34%

34%

98

96%

965%

*96%

par

8
18

No par

10

Co

50

series)

97%

*96%

38%

*37%

38%.

38%

38%

38

*29%

31

29%

29 3%

*29

Co

'/

V

600

34'%

1,600

98

120

38

300
100

30%

31
55

55

55%

55

56

55%

55%

1,200

36%

37

37%

37%

37%

37

37

2,100

98%

*98

36%

98

21%

21 %

21%

21%

14%

13%

13%

*13%

98%

21%

*13%

14%

98%

99

400

98%

21%

98

*21

21'A

*14

700
100

14%
;

800

12%

*12%

123A

*89

95

*89

95

*89

95

*89

95

*31

33%

*31%'

33%

*31%

33%

31

31

100

22%

23

23

23

1,800

9

900

12%

13

123/4

123/8

22%

22%

*8%

9%

39%

39%
15

23

9

9

40

*39

*14%

12%

23

9

3%

Inc—

217%

%

1

preferred—68

Stores

200
—-

*29%
*54

1
common—

800

114

213/4

97

—

37

*113

37%
114

33%

*373/4

100

96 5%

*85

9 %

*113

5,700

179%

44%

*21%

com

41%

*176'%

45

87%

95%
*85

300

179

—1

Melville Shoe Corp

Mercantile

23'%

101%

12%

—1

Mfg

pfd

Co

23%
101%

12%

Corp common
„—No par
pfd (1st series)
100

Mengel

23%
101%

48%

Co

Norris

2nd

22%

1013/4

12%

4%%
4%

22%

*101%

8,800

48%

.—

McLellan-Stores

70 % May 25

11

preferred

22% Mar 30

28% Jun

223/a

900

8

17'%

48%

Porcupine

11

Jun

73/4
*163/4

*12%

Publishing,—No
Mines

57% Aug 19

May

8

17

2,100

12%

1

38

23 %

7%
17

83%
21

48%

—100

3

96%

16%

21

21

12%

preferred

conv

4

46% May

8

7%
16%

21

No par

30% Jan

Dec

17'%

8%

48%

Stores Corp com

41% Jan

Dec

*16%

■;

12%

Corp

52% May

15

100

48%

No par

35% May

80% Mar

8'%

12 %

No par

Dec

31%

8%

1013/4

40

Dec

Jun

8%

*101%

176

29%

xl3

*8%

22%

LABOR

Corp—No par

41

$4

8%

48 %

McGraw Electric Co

24

Aug 25
July 20

*8%

12 78

common,—

Jan

Aug 12

163/4

30

8,200

483/4

—

34% Sep

4

8

7%
16%

5,100

8%

*lii?B

—

98

Feb

CLOSED

85%
490

8%

20 3/i

1947 series—No par

90

Jan

*460

8%

203/4

100

30% Mar 23
.;

8%

8 5%

475

8%

203/4

common

Jun

May

y

8%

20%

preferred
No par
1st cum preference—No par

McCrory
3%%

8%
475

8%

.—.I

pfdi

cum

McCall

700

No par

$3.75 cum pfd

$6

1.300

8%

1

Co

Chemical

Co

472

100

87%
113%

17%

preferred

Maytag

8%

73/4
472

98%

8%

8%

—_—No par

Corp

Electric

$3.40

Mar 31

112

25

Aug 25

1%

98%

*11%

*16'%

EXCHANGE

1,900

9%

83A

CLOSED

32%

113/4

99

17%

EXCHANGE

5,700

*83%

*98

8%

STOCK

10

113%

*11'%

*16%

Co__

L)

May Dept Stores
$3.75 preferred

38% Aug 24

5

21

23% Mar

30

Jan

43%
112

9

(Glenn

Mathieson

<

9%
11

8%

STOCK

100

11%
32%

32%

8 3/4
17%

No par

com

Martin-Parry Corp

39% Jun

35% Mar

99

*8 3/4

31%

8%

100

19%

Martin

31%

*8%

preferred

69% July

12

9

•'*

-34

137

'

*16 %

6.25
Marine Midland Corp
5
Market St Ry 6%
prior pfd—100

22%

-

475

*134

113%

5

Corp

4%%

7%

7%
*83/4

11%

1

—.—*

Exploration

Feb

110

*465

*333%

33%
137

No par

Dec

12% May

11

1

11%

34% July 12

11%

Co

47%

X165

11

1
50

Bros

Dec

6

99
9%

*98

"83/4-

RR

Sugar

Feb

15

31%

*97%

*12

12%

33%
*134

11%

31%

(The)
Co

Co

Coal

Manati

5%

Mar 25

Magnavox
Mahoning

% Aug 30

9

15%

7

31%

—10

Copper

*12

34
137

11 %

Madison

Jan

12

12

*33%
*134

11%

11%

4%%

22

134- '

134

(R H) Co Inc com—-No par
pfd series A_—
—100
Square Garden
No par

Macy

Jan

3^

b33 %

5

Inc

12%

*12

—100

preferred

13

13%

Jun

B

Forbes com......l0

&

Trucks

20

Dec

7

Working Co—

& M Wood

9
3

33% Jan

430
"

14% Mar
36% Jan

22

8% July 27

15% Apr
24% May
21
Dec
10%

Jan

9% Jun

Jun

39% May
103% Jun

525

6

31% Apr

Jan

*39

14%

143/4

143%

83%

9%
41

^*39

14%

14%

20

41

143/4

600

8%

100

33%

2,100

'

7% Mar 21
27

85% NOV

95% Jun

Apr 28

90

Jan

8% Jan
34% Aug

17%

Feb

27%

Jun

35%

Dec

44%

Jun

92

Nov

101% Nov

104% May

3

97

105% May 25

113

18
July 27
30% Jun 20

97% Jan

20

8

Aug 19

$3.50

$4

9
20

26

Mesta

3

102

Mar 14

106% Jan

3

110% Feb

8% Jun

14

'143/4 Jan

38%

Feb

69% May

37% Jun

14

47% Jan

14% Jun

6

18% Jun

14

17% Sep
■24% Sep

140

Dec

16

9% Mar

Jun

14

:

July

56%

42%

Nov

87

Nov

98

54% Mar

78

98%

Oct

10% Mar

May
Apr

124% July 14
10% Aug
2
7% Jun 15

43% Feb
Mar

10

139% Mar

24

8%

Prod

55% Aug 18

May

Sep

1

Jan

4

1

10 % Jun

13

107% Sep
143/4 Jan
Feb

15

15

80

16

19% July 11

25

P

SS

&

Minn-Honeywell
3.20%
Minn
$4

conv

Min

&

Regul

pfd

Mfg common

preferred

98

111%

*18%

18%

18%

13%

36%

36%

35%

36%

*100%

101%

*108

110%

102

110%

*101
*108

11%

11%

11 %

11%

44

43%

17

24

24%

44

;

xl6%

5

No par
com

34%

*96

*111

163/4

No par

series A

111%

433%

100

Marie

98

111%

3 8 %

33%

10

new

1st

8%
34

*7%

No par

;

Inc

com

Minn St

Aug 30




Steel

12

83

24.

9

Petroleum
Utilities

25

Jan

98

page

10O

12% Jan

7

«ee

pfd, 100

12

16% Jun
footnote*

South

3.90%

series—

preferred
Mlnneap & St Louis Ry

_

67% Jun

"or

8

Edison

preferred
Copper

Midland

10

18% July

4.35%

Middle

87

104

Metropolitan

Co

Mra-Continent

66% Jun

Jun

Machine

Miami

May

105%

*96

2nd

38% Jan

Dec

Nov

34

No par

preferred

conv

*7%

50c

23% Jan

19% May

11

Transp Co—No par

preferred
_Nopar
Merritt-Chapman & Scott—No par

Feb

128

8c Mln

Merck & Co Inc common

Aug

13

106%

Merch

129%

11

11

8%

3

53%

100

*95%

No par
No par

Minneapolis-Moline Co common,,,1
$5.50 1st preferred
100
$1.50 2nd conv preferred
25

83

129%

•

107

11%

9

53%
97

23%
11

11%

*73

74

*18%

19%

23%

129%

128
;

11%

X33%
*95%
*110

*18%
36

*8%

8

34
98

111%

.*

33%
*95%

*110

97%

_50

111

18%

*18%

19

100

36

*355/8

36

800

101

101%

*108

110%

101%
*108

101%

r

60

110%

11%

11%

11%

11%

43%

43%

800

43%

43%

3,400

17

17

17%

"18,200

*23%

23%

23

23

127%

1273/4

128

128

140

11%

11

11

1,100

16%

*11

8%

8%

8%

600

1,300

8%

9

533/4

54

54%

54

54%

*95%

97

*95

97

95

95

100

83

83

83

82%

83

1,800

♦106%

107

20

83
107

17
,,

8

*106%
11%
73

*18%

54%

8%

1,500

*106%

107%

12

11%

12%

11%

12

4,400

73

72

72%

73

73

370

19%

19%

19%

19%

100

107%

*18%

THE

(996)

COMMERCIAL

Range glnee Jaa. 1

Year 1948

I

42%

73%

YORK

:

*

Jun

38% Jun

54% Jan

6

7% Jun
Feb

13

9% Sep

7

Mission

3% Jun

13

6

7

Mo-Kan-Texas

13%

Feb

34

July

x33%

Dec

44

Jan

Feb

15 %

Jun

Dec

29% July
61% May

14

15% Jun

14

9

22%

45% Not

Jun

46%

2,200

974

97a

974

4,300

37a

3%

37a

18%

18%

18%

1874

18

4%

4%

4

Mojud

103% Jun

Oct

Not

27

Jan

16% Jun

29

11% Jan

21%

Deo

20% Jan

29% May

13

$4

Inc..*

Cneralcal

conv

7

Morrell

(John)

Jun

6

20% Jan 20

Motorola

6

25% Jan

Motor

7

19% Mar 80

Motor

Dec

28

May

15%

Dec

24

Jun

11% Jun

1

17% Jan

8

Mueller

13%

Not

16%

Oct

x9% Jun

13

14% Jan

7

Co

14%

Oct

10

Dec

33% Feb
107% Jan
12%

45

11

Jan

46

38% Feb

May
Jun

109

17

Jan

10

17

112% Mar 17

May 17

13% Jan

14

Jun

7

6

34

Dec

43

Jun

30% Mar 22

37% July 12

50

Deo

55%

Jan

41

81

July

1

,

Jan

Wheel

4%

8

(F E)

277a

117a

23%

Co

1,900
'"'L

3,900
3,700

4

27%

277a

GOO

117a

11%

1.50J

117a

*23

18

4

l/:.-23:7v/23:7:/

54

53

111

*108

110

*108

110

*108

No par
S

*110

111%

*110

111%

*110

111%

*110

100

111

111%

53%

53%

527a

537a

52%

5274

2,100

12%

13%

1274

127s

127a

No par

127a

127a

127a

2,300

52%

52%

527a

527s

52%

53

i

52

52%

11%

II

8,500

11%

11%

11

Co.

11%

11%

11%

No par
s

*17%

1,500

18

18

18

18

10

*17%

18%

200

18%

187s

19

197s

19%

197a

19%

19%

4,600

21

21

207a

207a

207a

8

20%

*2078

21%

19%

1,000

iHi/3

1

Corp

19%

19%

19 %

13%

13%

13%

1374

13%

13%

1

*13%,

137a

800

10%

10%

107a

107a

10%

10%

10%

10%

2,200

*9%

10

•9%

10

*9%

10

*9 %

10

No par

Co

ft

STOCK

1

100
10

preferred

Myers

•

*108

Corp

Brass

1774

4

No par

Mfg Corp
Munslngwear Inc
Murphy Co. (O C) common
4%% preferred
Murray Corp of America com

Aug 31

9% May 31

112

8ep

14

18%

*27%

117a
237a

Mullins

15% Jun

27%

1174

*227»

Inc

Products

27%

1178
23%

Lines

&

27%

11%

Utilities

Moore-McCormack

27

%

*22%

Montgomery Ward & Co

6

4

...lJW

pfd series A
pfd series B

Montana-Dakota

4

'■

No par
com
5

Tool

conv

16% Jun

14

com

Co

Machine

Apr

13% Sep
2
59% Mar 29

RR

Hosiery

10%

13% Apr
23
Jan

46%

974

3%

$3.25

3

47%

97s
3%

Monsanco

10% Jan

467a

Shares

974

Aug 17

Dec

19

8

111% Jan

4 6 5/a

far

the Week

$ per share

3 5/8

Aug 16

13

45%

46%

Salea

Sept. 9

S per sh are

9%

Monarch

'Jan

45 %

Friday

Sept. 8

I per snare

3%

56

10

10

Thursday

Sept. 1

f per snare

9%

112

47% Jun

9 per share

Wednesday

3%

45% Jan

65

< per share

pucks

Sept. 6

5

101% Jun

Dec

Tuesday

Sept. ft

No par

24% May 16

21% Jan

May
17% May

20

Corp
Development Co

May

122

47% Mar
10

20

11% Jan

13

Jan

HIGH 1ai.k

AND

Monday

Sept. 3

'• Far

Monday, September 12, 1949

7%
preferred series A
10O
Missouri Pacific RR 5% con pfd_10O
Mohawk Carpet Mills.™
20

5% Aug 16
35

6

9

Mission

112%

99% Dec
105% Mar
9%

Jun

Jan

25% Mar 30

3% Aug 16
25

V Saturday

'Jpp.P/

9% July

Feb

4

CHRONICLE

LOW

STOCK

KXCHANG1

9 per share

6 per share

ahare

per

NEW

Highest

Lswsst

Hlgheat

f per share

FINANCIAL

8TOCK8

|M|« far Previa as
Laweat

&

EXCHANGE
-

EXCHANGE

CLOSED

CLOSED

19%

19%

500

45%

45%

110%

11074

11074

11074

111%

*110

111%

50

1?74

12%

125/a

127a

xl2%

127a

12

12%

2,600

37

371/4

37%

37%

*3674

38

*37

38

300

47

*46

48%

100

137a

5,800

~

50

<fc Bros

STOCK

*19%

LABOR

No par

DAY

*45

45

457a

*45%

47

45%
*110

47

47

45%

45%

45%

800

N
14% Mar

21%

Jun

10% Jun

14

18% Jan

20

Feb

82%

Sep

22

Jun

13

28

Jan

21

18

Deo

29

Jan

17% Jun

14

23% Apr

11

Jan

3

9% Apr

4

National

4

National Automotive

4

National Aviation Corp
National Battery Co

4%

6ep

8%

Feb

9%

10% May
13% July

9% Jun

13

17% Mar

10% Jun

13

12% Aug
13% Apr

48

28

14

41

Nov

29

Mar

28%

Feb

162% Oct
5% Nov
32%

Oct

175%

Jun

4% Jun
30% Jun

6

5% Jun

13

Jan

Container

Cylinder

27% Feb

10

National

Dairy

13% Feb

14

34% Aug 12
17% Aug 18

National

Department Stores

Deo

14 %

17% Jun

20%

Jun

85

Oct
Jan

88

162

Oct

177

Nov

25% Apr
169% Jan

Apr
jun

Jun

5%

Dec

147%
7%

15%

Feb

24%

16% Jan

14

135

Feb

180

4

Jan

15

149

4

Jun

1

Jan

x% Jun

15

19% not
81% Mar

25

May

19% Jan

21

73% Jun

13

114%

Oct

25% Jan

ii Jan
Jan

10

91% Jan

7

22

Natl

Power

National

15% Feb

11

19% May 16

80% Not

94

Jan

x80 % Jun

15

86

21*

21% Jan

4

9% Jun

13

9% Jan

3

13% Mar 30

Nehi

May

12% Jun

10

14 % Mar 17

Neisner

Xl01% Jan

Nov

9%

Nov

9

Nov

80% May
15% May
12% Jan
19% Jan

Nov

19

10 %

Dec

12%
100

Feb

104

Jan

*27% Mar

35

9% Jun

May

87

f

Feb

98%

29

Jan

24

30% Aug 10

Natl

20

11% Apr

Mar 28

35
101

3

4

Sep

Lowest

8

Range Since Jan. 1

Highest
6

Nov

per

Lowest

rhare

12%

J»n

90% Mar

09

38

64

12%
70

Feb
Dec

Nov

20 %

Feb

81

Nov

12% Dec
39

Feb

121

Feb

11% Mar
20

Apr

30

72% Jan
35

92

6% Mar
Nov

14% Feb

9% Jun

■"!

July
July
23% Apr

144

27

86

24% Jun
56

Dec

55

Feb

25

Aug

14% Mar
Jan

YORK

14

59

10

250

13
14

Mar

9

98 %

Sep
19% Apr

21

94

Jan

10

14

Jan

3

21% Jun

28

Mar 24

48% Sep

59% Jan

10

28% Jan

„

$5
N

Y

non-cum

&

preferred

Harlem RR

3%

28

10% May 13

84
Apr 29
107% Feb 15

94 % Aug 11
109% Mar 22

Nov

27% May

13% Jun

14

Jan

11% July 22
19% July 25

40%

32

15

36

1% May 21
11% Mar 2

13

Dec

10% Mar

7% May
14%

Jun

4% Jan

Aug

Co

Light 3.90%

4;

11

3

pfd—100

Common

13.75

25

preferred

Nooxiu-SpurKs
Noma

Nopco

4

Ry com
preferred

American

North

1

Co

Western

Adjustment
North

2JO

Corp

Chemical

Norfolk &

lost

.

Industries

Electric

28
28

Co

American

10

Aviation

Pacific

Jan

No par

50
N Y New Haven & Hart RR Co.lOO
Preferred 5% series A
100

Natural

Jun

*1074

103/4

*10%

103/4

107a

11

11

11

107a

107a

103/4

103/4

1074

*1078

1074

10%

107a

*1072

103/4

100

*13 74

13»/2

13 3/8

131/2

13%

13%

1374

13 %

900

*10272

1041%

*102'/2

1041/2

*10272

104'/a

*102 72

104 72

33%

33'/2

*34

3434

35

1001/2

*99

*99

4001/2

*99

Monday
Sept. 5

Tuesday
Sept. 6

f per share

tper share

f per share

97a

Wednesday
Sept. 7
t

Central

Ry

1

Co

Gas

80

Co

10

Ry

100

Northern States Pwr Co (Minn)—

'

Common
-

No par

$3.60

preferred
preferred
Northwest Airlines Inc

No par
No par

$4.80
4.6%

common

preferred

28

Northwestern Telegraph
JNorwalk Tire & Rubber
Norwich

10

Pharmacol

50
No par

Co

2.50

974

per

974

97

51%
11

No par

common

Northern

Apr

103/4

*103/8

35

35

34%

1001/2

2,000

100%

1,100

100»/2

60

Thursday
Sept. 8

Friday
Sept. 9

< per share

share

$ per share

Sales

for

the Week

Shares

*95

51%

52v4
11

2574

26

253/4

93A

9%

97

*95

52%

27
2 61/2

93/4
97

5172

978

978

*95

513/4

3,500

97

513%

51.%

1,100
1,500
1,100

10%

10%

IOV4

10

10%

'267a
10
7.

263/4

10

101/4

7,700

71 »/2

711%

72%

73

72%

737i

717a

7272

1,400

12672

10®

Dock

17% Jan

83%

1,500

103/a

103/4

2674

13

18

30%

*26'/a

11% Jun

6

130

3072

*103/8

New York Central
No par
N Y Chic & St Louis Co com—100
6% preferred series A

27%

Jun

84 72

303/a

2672

Deo

7

17%
841/2

30%

267a

16%

17% Mar

177a
8472

3074

*

267a

Brake

Northern

8% Feb

177a
84%

297a

267a

Air

Northern

Dec

18 74

843/4

27»/4

York

18

/ Mar

4,300

177a
84%
30

107a

36% Mar 17

90

18

177a

g8I/2

85

109%

200

107a

14

Oct

500

1,400

*673%

Jan

Aug

21%
25

107a

75% July 22

7

900

7972

7972

*2472

68%

31

Feb

21%

80 1/4

24%

101/2

36% Jun

8% Nov

213/4

80

2434

*673/a

93

jun

21%

243/4

10%

Aug 26

20 % July 19
11% Jan
7

8% Jun

213/4

68%

Feb

Jun

10,100

107a

20

13% May

%

6%

,

2 6 3/4

N Y Power &

16% May
6% Jun

Mar

400

%

8472

Sept. 3

N Y Shlpbldg Corp partic stock—1
N Y State Elec & Gas
Corp—

86

15% Jan

1674

%

17%

293/4

Saturday

1

Jun

'26

67a
16%

low and high SALE PRICES

STOCK

7

Jun

Jun

63/4

163/4

*677a

50% Aug 15

62% Not
28% Jan

14772

*

674
163A

681/2

Apr 23

33% Jan

Jun

1467a

147'/2

120

*26 7a

New

7

9% Jan 21

4

Jun

180

80

7974

1,900

32

180

%

*2472

243/4

40

3274

32

180

8472

No par

5% Jun

674
17

*21

2172
79'%

*24«/2

No par

Feb

16

*21

1

York

225

re

*79

1

City Omnibus Corp

Feb

*6%
*16%

i7«

No par

New

48

61/2
163/4

1,409

93'%

*67 7a

82% Mar

78

*146'/a

6V2
163/4

32

1,400

147a

*92

*95

25%

103%

1471/2

N Y

25

17%

*146'/a

6

17% July
86% Jan

8

12

48% Sep

23

147'%

S

15% Feb

8fl

*146'/a

14% Jan

5

19% Oct

25%

i/y'%

26% May

20

91% Jan

Jan

179J/2

21

21

Dec

*17872

21

Jun

Dec

17774

Jan

89% July

13%

1773/4

143/8

87a

14%

14%

92%

Jan

14% Jun

20

14%
92

32

81

96

81

14%
92%

14%

400

20,000

8%

*91

140

Jun

20'/a

8

x32

6

10

20

8

9174

13

20% Jun

143/8

167a

20%

20

77a

77a

32'/4

Jun

Jun
Mar

Apr

13% Jan

13

207a

17

32 74

117% Jun

Jun

255

10

33% Jan

14

20

8

3372

4%% preferred
100
Newport News Ship & Dry Dock—1

12

■

8,900

33%

17

England Elec System
1
Jersey Pr & Lt Co 4% pfd—100
Mining Corp
10
Newport Industries common
1

27

14

65

300

333/8

New

8

13% Jan

25

10% .101/2

91'/4

Newmont

23% Jun

9% Feb

14

6%
107a

New

84% Oct
43% Jun
18% July

61

20% Feb

10% May 17
99% July 29

Mar 21

5,800

63/a
*10 7a

77a

10

Par

59% Jan

3

94

42

Jun

4,800

6'%

8%

63/8

107a

207a

EXCHANGE

Aug

Mar

Jan

% Jan

8'/2

63/8

83/a

67a
105/a

20

I per share

July
26% May
90% Jun

49% Jan
200

8

87a

8%

07a

327a

No par

Highest

9 per share

700

2,400

*16%

No par

NEW

140

57a

17

common

184

323/4

33

preferred
100
Newberry Co (J J) common_No par
3%% preferred—
100

Aug 19

184

574

323/4

10

Inc

600

100

6,100

-

32%

*16%

Co

35

103/4

No pax

Co

34'/2

53/8

100

Fibre

2,600

r

401/2

327a

17

No par

Corp

,

12 »/4

*39

184

600

5*J4

33

4%%

8

83/8

81/2

12%

300
,

323/a

17

8TOCKS

Year 1948

53%
327a

327a

common

Corp

Jtange for Previous

f per share

par

Co

Bros

183%

53/8

323/s

No par

ex-dlst

Vulcanized

Natomas

2

103 % Aug

12

Tea

183

183

100

Lt

Shares

National

12 % Apr

20

93% Jan

Jan

&

127a
12 7a

35%

572

87a

National Steel Corp—
28
National Sugar Ref Co
No par
National Supply (The) Pa
com—10
4%%> preferred
100

25 % Aug 19

21% Feb 28

26% July

4

35

772

67a

National Linen Service Corp
1
Nati Malleable & Steel Cast.Nopmr

21

3574

5

preferred A
preferred B

6%

Aug 19

19% Jan

13

A Deo

7%

8

183

10

21%

103/4

1

Prod

$4.50 preferred
National Lead Co

6% July 27

5% Mar 10
14

Sep

x35

327a

1

Products.^—No

12%
l2'/a

4072

'

Enameling 6i Stamping—12.AO
National Gypsum Co com
1

33% Jan 21

14

Co

Gas Co

Distillers

12%
12 1/8

15

1

*7%

77a

*'*9

51/2

Nat

7

Feb

95

86% May 13

Jun

130

Aug 18
14% Feb 23

13

xll% Jun

96% May

29%

National

21

13

7% Jun

Deo

12%

V

*20 7a

4072

323/a

1

National

National

not

Not

Lines Inc

8

12%

7%

"

11

Jan

183

a

21

*39

357a

1372
*

12%

127a

137a

'2

21

772

12%

12%

12%
40

347a

10

12

9% Jan

12%

._No.pa*

13

17%

16% Not

National City

8% Aug 19

*73/8

40

100

Cash Register

13

May
22% May

20

National

73/4

*12

10

preferred
National Can Corp

5

73%

1374

21

i

common

133/4
25

*20 3/8

4

Jun

5

21

Sep

Co

13%
*24%

20 72

Fibres Ino—1

Jun

82

14%

35% Aug

Biscuit

133/4
241/z

201%

1

1%

8

137a
*24

1

9% Jun

14% Aug

24% Mar

Sep

■

100

Airlines

National

1

7% Mar 29

13

Jun

13%

Deo

lb4

170% Mar 15

Corp

Nashville Chatt & St Louis
National Acme Co

Aug 28

35% Sep

3

9% May

Deo

10% Mar

15

Jun

30% Jan

9% May
48

Feb

9%

July

32%

Deo

6

5

Ntsh-Kelvlnator

7

126%

1261/2

126 »/2

1267a

1267a

1,300

117a

100

I26V2

12672

*lli/2
STOCK

STOCK

EXCHANGE

EXCHANGE

CLOSED

12

*1172

12

*117a

12

**u

25

*21

25

*21

243/4

*50

561%

*50

56

*230

245

*230

CLOSED

245

6

6

6

25

*24%

25

*50

245

*6

6%

*230

25%

LABOR

98%

98%

98

98%

*98

DAY

17%

1774

177a

173/4

*1772

177a

48%

48%

487a

487a

487a

4874

94

94

20

20

8%

*93

197a

-

87a

8

*93

*19%

20

8 7a

87a

237a

493/4

507a

497a

50

273/4

*27%

28

187a

xl8

187a

23%

233/4
49

187a

974

97s

9%

*77%

347a

343/8

147s

147a

15%

10%.

107a

10%

8 3/8

237a

*231/2

24

COO

18%

18

3,800

187s

16,300

97a

974

S7a

2,600

79%

79%

7974

347a

34%

3472

1,600

153/8

15 i/a

15 1/4

13,700

9%
*78

107a

107a

101/2

10

10

10

10%

107a

107a

181/4

181/4

18

18'%

1878

187a

9272
108

*

9272

108

*3472

/

35

20

>.

10%

18,000

92

927a

200

*108

93
108

35

1,900

4974

108

*34'/2

874

2772

*92

35

50

700

8%
4372

93

.

2.500

197s

*27'/4

108

127a

4974
94

273/4

93

*1>/,

500

19%

108

*3472

120

17'/4

15%

34»/2

14%

4874
*93

700

99'%

34%

79 7a

34

18%

9'/4

78'/2

17%

24%

49%

*2774

78%

245

1,000
247a
*98

94

19%

233/8

*23 7a

99

94

*27%

56

6 »/4

25%

800

237a

*50

55

*230

25

117a
*21

<:■

1083/4

140

lO'/a

107a

2,800

18

18'%

1,300

107a

*34'%

15/,

17a

17a

17a

1%

174

127a

127a

127a

1274

123/4

*1272

35

1%
13

700

500

O
26%

Deo

92% Jan
28% Feb
16% Apr
22% Feb
92

6%
88

Mar
Deo

Deo

20

Jan

27

Jan

144% not

15% Not
80

Deo

47% Deo

24%

43

27% Jan

Jun

103

Jun

27% July 26
99 % Jan
3

Jun

18%

Common
'

106

Sep

4.40%

Co

11

99

Jan

8% Jun
90% Jan

10

22% Jan

7

_

Jun

13

34

Aug 11

Jan

15

165

Aug 30

Feb

11 % Jun

1

16% Jan 24

Oil

Corp

8%

convertible

Oppenhelm

Otis Elevator

79

Jan

28

Outlet

59 % Sep

,7

Owens-Illinois

Co

11% Feb
8% Deo

Jan

18

7

May

Pacific

Amer

8

Jun

6

Sep

73

10% Jan

18

Anr

Pacific

51

Coast

34%

Feb

Sep

1

71

Apr

4

Aug 16

40

Jan

17

footnote*

<•

jdge

29
24




8

A—100
No par

preferred
Outboard Marine <fe Mfg

7

10o

10

common

6%

3

14

preferred

Collins

64% July

11% Mar 29

No par

4%% convertible preferred
Omnibus Corp (The) common

60%

For

No par

pfd—20

common

100

2.50
No par

Glass

Co

Fisheries Inc

Co

1st

preferred

2nd

preferred

common

non-cum
non-cum

303/a
2d 74

100

Co

49 % Jan

18% May

8

distributed"

Oklahoma Gas & Elec 4%

28

78% Jan

48% May

common

"when

preferred

Oliver

Ohio

148

Jan

89

Edison

19% Mar

14

79% July 13
18% Aug 22

87% Jun
23

Ohio

9

31% Jan

Jun

6% Feb

Jun

Jan

May 18

29% Sep

33% Jan

91% July 26

Jan

154

33

20

Jan

28

v

23% May 31
17% Jan
8

86% July
*109% July
12% Apr
100

3

12.50

8

10

3078

X30%

.29

1043/4

293/8
18'/2

287a

104%

30%

29%
105%

303/fl

303/8

307a

19

19

19

293/4

29'/4

1872

*18'%

22 5/8

22%

93%

>

2374

237a

23%

2374

94%

927a

93%

•927a

77a

*774

77a

774

*8472

87

*1872

20

18%

18'%

337a

33

33%

165

7

87

*164

87

*E6'%

165

19

33

333%

*163%

1372

*13

1372

*13

*70

74

*70

75

*70

127a
*878

5872

13
9

.7,

58%

59%

*123/4

1372

*83/8

9

88

19

://

*12%
58

30

*1874

77a

23

8

1641/2

v

307a
29 >/4

10572

*93%

*778

323/4

30%

297a

105'A

10574

93%

2974

29

*1043/4

/

f

58'%

*13
*8 7a

165

*86%
19'%

p 33
*163'%

307a

1,200

297a

23,100

106

30%
19

237a
93

774
88

60

9,900
200

2,500
50
500

10

19%

400

337a

6,000

165

13%

*13

*70

20

1374

75

75

5874

13%
9

57'%

*13

*8'%

58

1374
9

No .par

*50

No par

52'%

*50

52'%

*50

52'%

*50

52%

*29

297a

*29

297a

*29

297a

*29

297a

1,800

200

Volume

170

Number 4837

THE

Buitfti Pmltu

'.1

Yea* 1048

Leweat

•

'

*

<■..

YY':

YORK

21%

Jun

18

Peb

24

29%

36%

Jan

30% Jan

3

33% Aug 10

Pacific Finance Corp of Calif
Pacific Gas A Electric

50

6

54

Pacific

^47% MaT
29%
,89

Dec

Dec

,

130

Y 55% July
44% July >
104% Jun

Nov

147

3 %

Dec
Not

V

4

89

6

347/8 July 20

v

103% Sep

Sep

-

9

5

Apr

2% Jun

1

4% Jau

Nov

29% Jun

13

43% Jan

10

Jan

3

Jun

■

10

46

Feb

66

Oct

Oct

100

May

49 % Jan

95% Jun

:

5
23

'

Packard
Pan

3Y

Panr American

6%

Feb

11%

Jun

5% Jun

13

Dec

28

May

15% Jun

14

: Jan

105

Jun

102% Feb

8

26% May

18% Jun

14

97

18 %

Feb

Z

2

B~f

Feb

Motor

American

Mar

23%

Dee

3% May
33% Jan

24 Mi

NOT

30%

6% Mar
9

16%

Feb

3

Car

2% Feb

Park

26% Aug

3

7% Jan

7

July 19
1

Rust

Patlno

Jan

8

4

Dec

37

Jan

38%

Feb

49%

Jun

15% Jan

8% Dec
15%

Feb

27

Dec

109%

16%

Dec

35%

Nov

34% May

Dec

16 Vb

21%

Oct

Dec

112

A

6

19% Jan

10

27% Jan

31

33 V4 Aug

3

42%.Jan

3

51% Sep

2

14

10% Feb

3

Penn

17% Feb

20% July

167/8 Jun

29

20

22 % May
48
Apr

14% Jun

13

17% Jan

32

13

Jun

Feb

Apr

104

28

Dec

45% Jan

29

Jan

3

86%

Feb

99

96% Feb

9

9%

Not

20% May
24% Jan

7% Not
Dec

98%

Oct

Oct

30%

Mar 28

May

104

102

9% Jun

14

17

Jan

3

31% Aug

6

51% Jan

19

Pfixer

36 V4 Jun

7

53% Jan

21

Philadelphia Co 6%
$6 preferred

20%

Dec

22

Not

104

Jan

25%

Sep

90% Mar 24

102% Aug

3

24

*102 Va

103 %

23% Jun

8

103 Va

*102%

103 Va

20

20%

-19%

20 Vi

19%

20

19

19

*18%

19

*18%

19

*18

*36

40

*38

39%

♦38%

40

*38

2

2

1

STOCK

STOCK

EXCHANGE

*

26 y4 May 16

Electric

1%

28%

28%

28%

28%

28%

26

25 Ys

25%

25%

25%

*6%

7

9%

10

LABOR

5" ~
5

DAY

25

■

' Y

Y

*6

;YY YY

6

6

Co

4,200

29

2,500

25%

600

100

7%

*7

10%

10

6%

*6

100
—.

2

7%

10 Vb

10

9%

6V8

*7

7

7

12,100

19

25%

29

26

CLOSED
j

19%
39 Va

•

28%

1%

EXCHANGE

CLOSED
—. -

2

2

2

19%

*6

10

1,200

6%

300

.

15%

15%

15%

16

16

*15%

16%

600

31%

15%
*30%

31

31%

31%

32

*30%

32

600

x51 Va

51%

51 Vb

51%

51%

10

*8%

9%

*8%

9

*8%

21%

23%

26%

28%
108%

*107

28 %

108

9%

2,500
ICO

28%

*25%
*108

108

3,300

22

21%

22

*25 %

108

*8%

9

21%

22

21%

217/s

*25
*107

51%

51%

51%

100

110

No par

18%

18%

xl8%

18%

18%

18%

18%

18%

5,500

.50

14%

14%

14%

14%

14%

14y2

14%

14%

11,200

*39%

4iy4

100

10

x34%
111

10Q>

«.

America

40%

40%

lll'A

111%

>•34%

35%

100

117%

2,900

*34%

106%

12

9%

Y

8%

Y "" 8%

25%

*24%

106%

*105%

*105

106%

25

46%

41%

50

101

12%
30%

47%

46%

41%

41%
54%

100%

r

900

101

41%

6,400
850

54%

54%

101%

54%

54%

101%

1,900

47

41%

42

54%

900

30%

-30%

46% ;

101%

54%
101

14,700

12%

12

30%

46%

41%

41%

54

No par

8%
25%
107

*12

12

30%

'

preferred

'

11%
30%

307/s

50

*8% i; 9%

46%

12 y8

30%
*46

1

115

Y

8%

*8%

Yi

8%

*105%

114

*24%

9%
26

*25

.

35%

112%

8%

8%

*105%

35%
112%

*8%

9%
oc.

5

41

111

*34%

111%

34%

OS

No par

112

*110

111

♦8%
8%
♦

No par

*40
♦110

41%

*40

/ 112

*110

101V2

130

No par

common

22%

22%

22%

22%

23

23 VB

23

23 Vb

5,700

*24%

24%

*24%

24%

24%

24%

24%

24%

500

115%

115%

Jun

6

115% Aug 17

|1 conv preference com—No par
4.4% preferred
100

;t *114

115%

115%

115%

115i/2

116%

50

Jan

103%

Jun

98

Jan

7

104

3.8%

preferred

100

Y *100

102%

*100%

102%

*101%

102%

102%

102%

300

Sep

111 V Jun

105

Apr

8

110% Sep

4.3%

preferred

100

*110

1101/2

*110

110%

110%

*110VB

110 %

91

103%

110 Vi Apr

Aug

8

14

Jan

21%

Nov

11% Jun

28

19% Jan

Phlla

28

Jan

45% July

22% Jun

28

40% Jan

pnilco

81

Sep

91

July

80% July 11
4

25 % Mar

39%

Dec

Jan

97%

Jun

93% Jan

82%

Not

48% Sep

Philip Morris A Co Ltd
4%

102 % Aug 24

3

88%

Oct

11

Dec

13%

Sep

10% Feb

10

12% May 14

87%

Jan

87 J/4 Aug

18

90

Feb

11

54%

Jan

92% Aug
77% Jun

51% Jun

14

64

Apr

19

10

Dec

7% Sep

8

11

Mar 30

14% May

Jan

88

92 y4 Aug

6

A

Reading Coal 61 Iron
Corp common
3%% preferred series A

88% Feb

37% Jan

87

Year 1048

$ per share

t per share

30

Dec

34%

Jan

98 Mi

Apr

103%

Jan

Jun

113

110

10%

Dec

80 y4

26

..

Sep

15%

Dec

Jun

26

f per share

■i.

32% Aug 26

vvY'Y

13

100% Jan

5

105% Apr

4

22

100% Jun

22

Pitts

14 % Mar 14

Pitts

11

Jan

3

*921%

No par

56%

B

YORK

PUlsbury Mills Inc

Saturday

Monday

;

Par

.

t per share

$ per share

103

RR
100
Coke A Chem Co com__No par

*90

100

*90

Apr
July

Jan

20

149

Aug 31

156 % Jun

28

170

Jan

26

Jun

28% Jun

13

x35% Sep

7

v7%

Nov

10

Jan

6% Jun

13

8% Jan

7

7% Jun

14

15% Jan

7

10%

Feb

20

Jun

Jan

170

Dec

73%

Feb

96

70%

Dec

15

Feb

145

Jan

140

26%

Dec

Apr

7

175

Oct

65% Jun

21

88

82% May
26% Oct

59% Sep

8

14% Jun

15

161
4

July

46% Julv

9% May
33

Jan

12% July
70% May

29%

Feb

46

11%

Dec

12%

Jan

16% May
14% July

57/a

Nov

22%

62%
18
81

Mar

Jun

135

May 18
Jan

24

71% Jan 27
147

Feb

24
1

29

Apr

4

24

11% Sep

8

36 % Feb 11
32
Mar
3

50% Apr

18

42% Sep

9

136
Aug 12
Xl9% Jun 14

8% Feb

21% Jan

Pittsburgh Screw A Bolt
Pittsburgh Steel Co com

;

7%

5%

14

12% Mar 30

Poor A

21

Potomac

4% Jun

13

14% Aug 26
8% Jan 24

Co

7%
8%

1

21

Feb

71%

Jan

571/4 Peb

26

69% Sep

1

28% May

14% Jun

14

22

Feb

2

Publlcker

94

Apr

85

Jan

14

90% Mar 17

39% July
24% Jun

38

Jan

3

20% Jan
25% Jun

3
13

24% Aug 25
23% Aug
8

Pub Serv El

30% May
53

Jan

30 Vb Feb

25

37

Pullman

42

May
Sep

24% Jun

14,

Pure Oil

(The)

Jan
Deo

25

Dec

32%

Nov

,

28

45

Jan

24

Sep

1

Apr 30

Pressed Steel Car Co Inc

4%%

conv

•4.75
Public

B1.40

dlv

Co

of

A Gas

'

140

V- 20

~30

140

140

700

22%

22

21%

22 Y/

11%

11%

11%

11%

*11%

43%

44%:

43%

44%

43%

43%

4,700

.42%

42%

1,000

:

;

300

12

42%

42%

10%

10%

14%

14%

14%

14%

1

5%

5%

5%

5%

5%

5%

YY 5%

5%
23%

DAY

Pi:

200

•10% / 10%

23%

*23 V4

69%

691/2

68%

69%

68%

69%

68%

15%

16%

16%

16%

16%

16%

15%

16%

86

3,000

Y,

Y

68%

5

86

No par

*23

*85

Colorado—20

44%

.No par

23%

preference com__No par
No par

July

25% Jun 17

July 11
29% May 9

5% conv preferred
Purity Bakeries Corp

17%

Dee

IBttMay

15% Jun 15

20% Jan 14

Quaker 8tate Oil Refining Corp_10

Jun

9% Jun 28

14% Jan

Radio Corp of America com—No par

23%

86

*23

•85

23%

*23

*85 VB

86

86

44%

44%

44'A

44%

44%

44 "Vb

1,100
3,200

>

2,700
20

,

>

2,200

23%

23%

23%

23%

23%

23%

23%

28

28 %

28

28%

28

28%

28%

28%

32%

33

32%

33

32%

33

32%

32%

5,800
5,200
4,800

,

29%

29%

29%

30%

♦108%

109%

X107%

107%

27%

27%

27%

27%

♦18

18 Va

18%

18%

19

$11

30%

107%

*27%

.

30 %

30%

12,200

107%

30%

100

No par

I

t;

44%

No par

common

no

>,

21%

14%

com

com

900

16%

No par

Inc

800

:

60%

42%
10%

SI

4

*60

*15%

14%

Feb

32 % Apr

71%

42 %

Feb

109

*135%

*71

71

•10 %

Feb

6

43%

8%

21%

22

42%

f

■

145

14%

101%

Jan

:

*15%

140

.

*130

16%

59%

16%

*135

140

,11%

61%

*16

;

71

3,900

7

60

Y

71%

Y'' *"70

35

8%

9 OV

145 Y-

•59%

16%

11%
LABOR

8%
*130

163

.

10%

x25%

107

61

*21%

8%
145

7

7

70%

72

*135

7

42%

X25

108 %

CLOSED

7%";

100

v.

153

34%

14%

com

preferred

Service

EXCHANGE

CLOSED

162%

10%

preferred series A—50

Industries

cum

*130

14%

*147%

35%

2,600

277/b

,.

162

10

83

27%
*14

41%

1

Inc

32%
20

Mar 22

EXCHANGE

8%

81/4

*82 V4

Y

153

34%

30
500

11%.- 11%

11%

*160%

:

35%

Y

;

Y\;<

10

Procter A Gamble

Feb

71/s

*15%

STOCK

*7

145

•59%
STOCK

100

700

104
100

v.

No par

class B

Electric Power Co

Nov

5

x35

35

*70%

100

8

11% May
35 % May

163

*130

*90

Shares

30%

♦30

*147%

153

*160%

;Y

Pond Creek Pocahontas

87/8 Jun

•147%

34%

yy

Plough Ino
Plymouth Oil Co

127/s Apr

153

163%

.

-.100

preferred class A

14%

*149

No par

6%% 1st ser conv prior pfd—100
Pittsburgh A West Virginia
100
Pittsburgh Young A Ash pfd
100
Pitts ton Co (The)
1

#

*13%

*1,61%

No par

preferred class B

♦90

tha Weak

share

*103%

104

♦103

14

281/4

39 Mi

30%

83

28%

•13%

142

104

V 100

<

$ per

$ per share

30%

Sales far

Sept. 9

Sept. 8

\

31

Y

Friday

Thursday

28

1

Pittsburgh Forglngs Co
1
Pitts Ft Wayne A Chic Ry com—100
7%
gtd preferred
^00
Pittsburgh Plate Glass Co
lo

169

200

14

83

Pitts Consolidation Coal Co

7

Dec

7 Vb

28

83

7

Dec

7VB

*82

2

Feb

7%

14%

Feb
Jan

16% Jan

30

7'/b

28

85

32

7

157

8%

83

15
13

No par

5,500

28

Jun

107/8 Jun

10

57%

*82

79

24% Jun

300

90

:'57%

*11%

Jun

11%

90

57%

11%

July

94%

*11

Y

57%

♦11%

July

7,600

57%

11%

11%

*92%

IIV2
90

20

Y

48%
102

*101%

94%

11 »/2

*89

'

•'•'48 Y

PRICES

30%
*103

36 Mi

138

:,Y

48%
102

*92%

11%
90

I per share

103

93

preferred

94%

87

*86%

87

48%

*101%

Sept. 7

31%

' 31%

\

Y

102

Wednesday

I per share

25

common..

*86

86%
48%

Sept. 6

No par

convertible

48

•7%

Tuesday

Sept. 5

C C A St Louis

15

5,100

57

8%

Feb

23%
155

2,100

11%

57%

Mar

12%

15

27%

*89

Sept. 3

preferred

S4

14%
27%

LOW AND HIGH SALE

STOCK

;;XY:yy

yY Y\

14%
27%

*92%

111/2
90

Yj *7 %

14%
27%

*101%

94%

11%

20

14%
27%

85%
:

102

*88%

*115

27

/

85%
47%

47%
*101'/4

EXCHANGE

Jun

100% Jun

5

STOCKS

NEW

High***

I per share

*84

100

100

preferred
Phillips Petroleum
Phoenix Hosiery

Range Since Jan. 1
Leweat

High est

26%

110

14%

14%

26%

No par
100

6%

■

14%
Y

A00

common

3.60% preferred
Phillips Jones Corp com

1

1
3

preferred

WUusge fer Prerleiu
Lowest

-

103%

Brewing Co
(Chas) A Co Inc

Phlla

May 17

30

♦102 Va

Pf elf fer

3

20% Jan

Corp of

700

1,400

102

6

_1

Phelps-Dodge Corp

55% Aug 11

X48% Mar 30

102

*102%

Y, Y'-1

100

40% Jun

July

102

102

102

<

7,000

'Y

56 Va

56%
*101%

300

•'

33 %c

17%

59

56%

4,900

common

64% July
65
May
104% May
34% Jun

55 Ye

6 %

preferred

Petroleum

102

27,500

8%
14%

18%

No par

Peoria A Eastern Ry Co

20 y4 May

Dec

'

56

8%

18%

Pepsi-Cola Co—.

Dec

Feb

'

7

2

Feb

Dec

■'

14%

♦55%

55% '

*100'/2

*14%

8%
14%

8%

14

14

4

3%

4
1

8%

■

8%

8%

14%

6%

i

Feb

93

>.

3%

4

x3%

4%

8%
14%

'

2,100

18%

Co

RR

9%

48%

•'

54%

...

Y •'

600

38%

6 Vb

Light Co

44%

40%

4 Vb
■,

60

3%

38

38%

38

33 Vi

3%

3%

*18%

Corp

19

3

3%

Y

:V :

Y

100

14%

Jun

*3%

No par

Coke

11

4%%

3%

38

680

147

30

6%

preferred

Apr

105% May 16
12% Jan
t

5

3%

38 %

2.0CO

102%

147

31

♦146%
*3%

Y

30 Va

102 %

147

102%

146 %

18%

common

Cement

Co

102 %

146 %

30%

1,900

6%

preferred

Milk

30%

101%

146%

52%

103%

30%

30%

101

200

5,200

52%

*18%

Pennsylvania Salt Mfg Co com

Pet

53

6%

Enterprises

25% Sep

Jan

::''

'

2.50

11% Jan

Mar 11

'Y:

'

3%% conv series A pfd
100
Peoples Drug Stores Inc
5
Peoples Gas Light A Coke,.—.100

9

52 VB

18 Va

Co

12

3

8% Jan
21

A

Pennsylvania

May 16

117% Sep

YY:-'-

No par

Penn Power A

7

52

52%

G1*js Sand Corp com—No par

5%

May 18

36

7% May 31

Jan

1

43
Aug 18
111% Aug 24

103

22

Penn

Mar

52%

52

■

*37

No par

prior

Penn-Dix'e

111

120

conv

28% Jan 21

6

16

Y

33%

XI8V2

Mines

Fenlck A Ford

23% May 14

5

23% Jun
106

•

Shares

20%
33%

,

1

Penney (J C) Co

7% Jun

Jun

Jan

33%

1

Proof

Peabody Coal Co

Coal

33%

;1YY' 6%

__

Transportation

Mines

5%

33%

20%

100

__

15% Sep
27

:

1

Inc

Consolidated

Parmelee

14% Jan 18

9% Aug 30
5% Aug 31

Parker

20%

33

the Week

share

No par

Parke Davis A Co

30

2

•20

33 %

146%

2%

preferred

Pictures

Utah

20%

30

Transp...5

Park A TUford Inc

281

20%

•20%

'100%

No par

A

When issued

3

Jun

convertible

Paramount

15

23% Mar

'

4*

7

24% Feb

21% July 7
42 % Mar 30

9

24% Jan
x6

May
Jun

4

1% Jun*

Jun

10

Aug

Y

:

1
10

Airways Corp
Petrol

9 per share

t per share

share

.

100

Panhandle Prod A Refining
Parafflne Cos Inc com

7

104% Jan

6

37

May

Sep

'

10

Jan

,■

Panhandle East Pipe L com„No par
4%
preferred
100

14

8% Apr
20

-

19

34%

59% Apr

:

'

3

102% Jan 27

18%

21

Sales fer

•*

Sept. 9
9 per

*19%

-

No par

'

92

S per

Friday

Sept. 8

Sept. 7

32%

10

Pacific Tin Consolidated Corp
Pacific Western Oil Corp

8.'

Jan

Sept. 6

t per share

Thursday

Wednesday

Tuesday

Sept. 5

f per share

2B

preferred

16

4% Jan

8

12

Monday

v-

No par

10% Apr

3% Jun 13

11% May
21% Jun

13% Mar

Lighting Corp

Pacific Mills
6*

8

6%

1

Saturday

Pacific Telep A Teleg common—100

8

147

FebY 7

135

Mar

14

Jan

Jan

,

Dec

8 Mi

27 Vb Jun

Par

14

62% May
5% May

t-

39 Mi

Jun.

f per share

Apr

'

.

Sept. 3

15 Mi Mar

Not

-♦

<

«

$ per share

21

(997)

LOW AND HIGH 1BALR PRICES

STOCK

EXCHANGE

I per share

1 per share

CHRONICLE

'

NEW

Highest

Leweet

FINANCIAL

&

STOCKS

Range Since Jan. 1

Highest

COMMERCIAL

*107%

108%

300

27%

*27%

27%

200

19

*18%

19%

200

40,000

R
7%

Feb

IB

63%

Peb

67/b

Oct

75% May
11% May

89

NOV

08%

Jun

92% Jan

25%

Dec

347/8

Jun

23% Jun

14

22%

Feb

July
35
May
27% July

21% Jun

14

26% Jun

17

17% Jun

14

31

Jan

16%

Feb

x36

66% Jun

14

x7

15

Jun

4

7%

7%

*99%

100 Va

100%

100%

*99%

100%

99%

99%

*26%

27 %

26%

26%

200

30% Feb

24%

25%

25%

25%

1,600

34% Feb
23% Jan

$2
preferred
Reading Co common

30%

29

Jan

13

43

31

Feb

39

Jun

28% Jun

29

36

Dec

15% May

7
19

Jan

10

4

Jan

Deo

18

Dec

14%

17%

Deo

4

Dec

25% May
13% May

18% Jan

8%

6% Jun

14

Dec

66

50

Dec

15% May

May

11% Jan

14

13% Apr
23% Jan
14% Sep

$3.50

4%
4*

52

8%

Jan

Aug

78%

Dec

99

Aug

10%

Dec

29%

Jan

6%

Feb

2% Dec
5%

Nov

For

13% May

4% Jun 29

Aug

8% Apr
73

Jun

3

26

8

8% Jan 27

50

1st preferred
2nd preferred

Reeves

Hosiery Mills

Bros

com

div

prior

preference

Reliable

54% Feb

Reliance Mfg Co common
Conv pfd 3%%
series

Apr
2
9% Jan 24
3

10% July 29

Stores

Corp

Remington-Rand

common

17

83% Feb

3

6% May 31
4% Jun
6

12% Jan

8

Reo

8% Jan

7

Republic Aviation Corp
Republic Pictures common
$1 convertible preferred

3

3% Apr

8

4

9% May

2

24.

26%

*26%

24'/a

24%

31%

31%

x31%

31 VB

19%

19%

19 Vb

50

*37

38%

50

24% V

•37

38%

:

♦31

19%
*37

♦31

$4.50

preferred

Motors

inc

70

30%

300

19%

♦19

19%

200

38%

*37

38%

32

*31

32

31%

*30

32%

*30%

32%

♦11%

11%

*11%

11%

11%

.11%

11%

11%

5

*18%

19 Va

♦18%

19%

*18%

19 Va

*18%

19%

No par

13%

13%

13%

13%

14 %

50c

Inc

27%

26%
24 VB

*19

♦70

13%

10

*6%

No par

*21%

(Robt) A Co—

$1.25

22

5% Jan




non-cum

Silk

25

Reed Roller Bit Co

2% Jan

page

non-cum

Real

5% May

see

preferred

25

11% May

footnote#

1st

16

ReIs
8

40,500

7%

Jun

11%

600

7%

8%

36

3

70%

71%

8V«

Apr

14

11%

70

71%

8%

45

Jun

11%

11%

70%

8%

9% Apr
100% Sep

Feb

10% Jan

11%
72

11%

70%

74% Jan 22

36%

18

11'/a

11%

No par

Radlo-Keith-Orpheum Corp.
1
Ralston Purina Co 3%% pfd
100
Raybestos-Manhattan
No par
Rayonler Inc common
1

T

—5

*7

—100

x50

—50c

9%

7

6%

22%

♦21

7%

7

50

9%

50%
x9%
•79

6%

♦6Va

22%

•20%

22 Vb

7%

7%

507/b

5074

7

50%

9%

9%

82%

•79%

7

97/b
82

14

*6%
♦21

7%
50%
9%
♦79 V4

14 %

7

200

2,700
100

22%

7%
51

9%

400

140

7,100

82

25

*80 Va

82%

1

8%

8%

8%

8%

8»/4

8%

5

5

5

5

4%

5 Va

4%

27/B

600

8%

600

1
50c

10

2%

2%

8%

8%

2%
x8

•8%

2%

2%

27/b

•2%

8%

r8Va

8%

8%

8%
5

600

2,800

CHRONICLE

LOW AND

8TOCK8

tup for Previous
"

Lowest

8

f per share

33%

Feb

22%

Lowest

Highest

t per share

Jan

Dec

21% May

Feb

4%

Dec

19 %

8

1

Apr

5

98% Aug 29

104% Jan

11% May

33%

Dec

41%

Jan

43

Dec

50

Jan

80

Oct

94

Jun

Deo

102% Jan

103%

99% Jan

2

Dec

Dec

12

28

Mar

103%

31

Aug

5%

92

Jan

Aug

4 Va

7

7
6

Reynolds

42% Mar

39% Sep
49% Sep

—10

49%

85% Jan

3

98

Aug 18

Preferred

3.60%

series

100

*95%

4

107

Mar 25

Preferred

4.50%

series

108

106

13

13% Jun
24% Jan

3

15 y4 Jun

21

7% May

£3% Jun

7y4 Jun

10%

Feb

12

July
29% July

*1

19% Jan

Sep

5% Jan

5

13

10% Jan

jun

23

25% Jan

15

17

42% Aug

18%

.

Royal

16% Jan

3

27% Sep

8

Jun

109% Apr 27

113% Feb

16

Jun

35 y« May 11

Jan

8%

Feb

16% July
48% May

32%

Feb

7% Jun
31

Jan

139% May

87

Jun

Jan

10.1

78

Jun

8

Feb

79

Feb

13

Jun

67
58

Jun

13-

48 y2

3

42% Jan
122

9

91

26

Jan

25

Jan 19

77

15% Aug
35% May

9% Jun

14

12% Jan

7

25% Mar

22 y4 Jun

14

30% Jan

12

39% Mar

51

May

46y4 Jan

6

88

05

Jan

Jun

17

Feb

Nov

87%

Nov

12

93% Apr

Dec

15%

79

Oct

87

13%

Feb

26 Vi

44

Feb

62%

Feb

20 Va

Feb

6% Jun

35%
5

12%

5

61% Sep
x96

102

Feb

Jan

3

14

5

90
Sep,
18% Jan

*

55

11

Jun

16% Jan

4

19% Mar 18

Seaboard

36% Feb

7

48

Seaboard Oil Co of Del

Oct

5% Jan 27

Aug 22

9 %

13

9% Jun

14

4% Jun

14

6% Jan

6% Jun

3

11% Jan

Jun
Jan

77

Jun

13

Jun

24% Jun

13

46%

Oct

21% Aug

4

36%

17%

Feb

27%

Jun

22% Jan

68

Feb

79

Dec

77

9

Dec

15% Jan

12

Mar

14

Oct

4

Feb

42 Va

11% Apr

13

Jan

3

8 per share
3%

Dec

\

7% May
May

2% Jun

6

Dec

'86

34

Dec

44

Jan

29

15

Feb

32 y4

Jun

18% Jun 14

92%

J

Feb

160

Jun

22

May 31
July 1

97

Jun

14

;

$4.50

preferred

Shamrock

Oil

$3.50

Shattuck

6% Aug 17

4% Jan 12

,?.V

,

127% Jan

Apr
July

83% May 21
95% Jan
3

10% Jun

7

23

14

17% Jan

7

100% Jan

24

3

4% Apr

16

% Mar

3

88% Feb

26% Feb 26
7

39% Jan

Jan

36% Jan

29% Jan

20%

Feb

43%

Feb

58%

(W

Feb

*

10

68

Jan

24

73

>

9

21 ./ Feb

7

25

20%

Feb

Aug

-

Dec

30%

Jun

3% July 19

22% Jun 13

14

Jan

_

5

71% Apr

28

13% Jun 28

16% Apr

6

23% Feb

30

95

Nov

85%

60

26%

27 Va

6.000

23

1,800

32%

33

32%

32%

32%

32%

81

81%

81%

81%

81%

81%

*81

9 Va

9%

9 Va

9

104

Jan

10O

Jan

Apr

5

Aug 10

13

105% Sep

1

21% Jan

10

19%

Dec

29% Jun

17% Apr 25

79%

Oct

91%

82

Jun

9

Jun

13

18 Va Jan

3

f

.

9

*13%

13%

*13%

36 Va

36%

36%

*6

Saturday
I per share

6 Va

9

*84

32%

32%

3.700
500

81%
9

,

2,200

13%

13%

13%

*13%

37

37

37 V*

36%

37 Va

3,000

6%

*6Va

6%

1,400

6 Va

6

6

'Tuesday

Monday
f per

14

100

2%

2%

25%

25%

*29 %
23

105%

2%

3

3

25%

31

*29%

31

*29%

23 Va

24

23%

24

23%

23%

105%

106

105%

105%

700

31
40,900

23%

900

105%

*103

19 Va

105%

600

3

25%

25

*25

Shares

share

•2%

25

*29%

31
,

*2%
25

the Week

Sept. 9

t per

S per share

$ per share

gales for

Friday
•

Sept. 8

Sept. 7

S per share

share

Thursday

Wednesday

Sept. 6

Sept. 5

No p&r
15

*19

—20

19%

19%

19%

*19

19%

100

24%

24%

24%

25%

26

26 Va

25%

26 Va

8,500

25

25

24%

24%

24%

24%

24%

3,700

*84

85V2

•98%

99%

12%

12% V

I

*19

.

*84

85'/a

*84

24%
85 Va

85%

85%

*98%

99%

*98%

99 Va

*98 Va

99 Va

12%

12'/a

12%

200

16%

23,600

*

12 %

*

12%

12 %

20

16%

16 Ve

K%

16%

16%

16%

100%

99%

99%

100 >/a

100%

99%

4%

4%

4%

4%

4%

4%

4%

4%

6,400

Carolina E & G Co com_4.50

8%

8%

8%

8%

8%

8%

8%

8%

6,900

59/o ..preferred
———50
5Va$ conv,preferred-,
50
Southeastern Greyhound Lines
5

preferred

Southern

25
25

Edison

California

Southern

5fo

Pacific

7.50

Co

——

Mobile dc Ohio stock tr ctfs

(A,G)

$4.50

CLOSED

CLOSED

35

%

%

43

32%

61%

*12 J/4

12%

43

*41

32%

32%

32%

38%

38%

39 Va

33%

800

43

33%

3,900

k

33%

5,800

33%

33

38%

33%

38%

300

35

35

33%

.33%

400

12%

*41

43

33 %

33 %

33

400

61

61

*12%

34%

34%

35

*40 Va

50 Va

*49

50

61%

12%

*34%

33

*40

,

12%

800

100

39%

38%

38%

5,300

30 %

29%

29%

2,800

49 %

49

49

LABOR

29%

29%

29%

30 %

29%

DAY

49%

49%

49'/a

49%

49%

59

57

58%

59

60

*58

60

11 Va

11%

11%

11%

*11%

11%

300

3%

3%

3%

3%

3%

3%

800

*11%

3%

No par

11%
3%

*

*58

■"/

*4

4%

800.
50

4%

1

*4

No par

*69

72

*69

72

1
;

*23%

23%

23%

23%

24

24

23%

23%

600

——I

25%

25%

25%

25%

25%

25%

25%

25%

2,100

4%

*4

preferred

7%

7%

7%

7%

7%

No par
5

67%

67%
15%

67 Va

67%

67%

*14%

15%

15

1

*28%

28%

28%

*28%

105%

*104%
20 Va

common

15%

No par

*104%

28%
105%

Inc com—No par

20%

20%

20 Vs

20%

89

89

89

30%

30%

31

preferred
Brands

*4

4%
72

*69

2

Squibb (E R) & Sons

Standard

STOCK

EXCHANGE

50

61V4

50

50
*61

12%

X35
STOCK
EXCHANGE

1

Squar* D Co
$4

50
61

12%

100

& Bros Inc

Spencer Kellogg & Sons

Conv

50

61

No par

Railway common—No par
non-cum preferred
100

Spiegel Inc common

64

84

16%

10% Mar 31

29% Jan

x84

1,800
2,400

100%

Sperry Corp (The)

Feb

61% Mar

13%

15

29% Mar 30

21% Aug

13

8

23

1

$5.5o preferred

May
74
May
23% May

6% Jun

41%

Solvay American Corp 4% pfd—100
South Amer.Gpld & Platinum——1

Spalding

May

Jan

41

27%

Spear & Co common

Jan

8% May

41%

23

Bocony Vacuum Oil Co Inc^.

5

73

12,300

41

800

No par

Sparks-Withington Co

29%

1,600

22%

100

6% Jan.-'

Dec

600

9%

9%

26%

preferred

66% Feb

Dec

18%
47%

9%

10

13% Jan

Aug

18%
47

;

47%

9%

23%

Corp

7

4

15%

O)

Va Jun 20

22

7%

(A

3%%

8%

,8.

Jan
7
Jan 26

63

18%

18%
*47

27

Par

58% Sep

3% May 23

18%

20

1,100

49

*47%

84

:*

61

Jun

49

1,100

14%

LOW AND HIGH SALE PRICES

13

7%

91

14%

23

Sept. 3

45% Jun
10

13%

*89 Va

14%

26%

Southern

Jan

>13%

91

*47%

"49

13%

*89 Va

13%

—

84

Southern Natural Gas Co

73

150

27 %

STOCK

YORK

41

20% May

102

22%

1

May 349% Jan <7

Dec

102

102

—

84

15

34

Dec

9%

30

—

26%

Co

14

12%

*47%

86

*14 Va

91

20

•>86

107%

22%

Pen

A)

25% Jun

65%

49%

13%

41%

Oil Corp

28% Jan, 3
32% Jun 13

.

xl3%

41 Va

No paj

50% Jun

July

*13%

*89Va

14%

41%

4.20% preferred
100
Smith & Corona Typewriters_No par

7 w'

Aug ,16

,

13%

13%

40%

G)

70

i

Feb

4

45

*101%

9%

pref series A—No par

(Frank

62% July

Feb

33%

5

,

8,

33% Sep

,

100%

*9

South Porto Rico Sugar com_No par

Aug

80% July
30% July

100%

%47%

South

44

100 %

90

900

96

85%

85%

9

Aug
8
50
Sep
1
62
Aug
8
14 % Apr 26,

42%

Dec

85%

*49

Smith (A) & Sons Carpet Co com—20

9

36

-25 ya Mar

Smith,

3

17%Jan

36 y2 Mar

*85%

13%

*94%
*106

1

Skelly Oil Co—
Sloss-Sheffieljd Steel & Iron-.

100% Mar 25

Jun

53

85%

14%

600

61%

13,700

107 Va

85%

90

U

11

28%

*60%

.

96

*106

107%

*47

Sinclair Oil Corp

98

11% Jun 14

*94%

95

95

*106

*18%

EXCHANGE

Jan

26

16% Jan

96

18%

24

Dec

45 y3 Aug
60
Oct

61%

47

36% Jan

Sep

Feb

61 Va

107%

82%

28%

No par

Corp

conv

NEW

7

Dec

Jun

61

100%

Silver. King Coalition Mines
—5
Simrpons Co——
—No par
Simonds Sa,w & Steel
No par

27% Jan

15%

Nov

61

18%

Sheraton Corp of America

S per share

91

11%

60%

46%

Gas

Sharp & Dohme common

Mar 11

80

52

60%

1

—

&

Steel

May 18

3

39

*10%

29

*82%

% Aug

7% Jan 13
40 ' Mar
1

10%

28 Va

*80

No par

22

Oct

10%

23%

82%

7

Jun

8%

10%

28

*80

4%

39 y2

5% Mar

*80

10%

28 Va

82%

11,000

8%

Dec

May

82 Va

11 v..

27%

50

6%

8%

27%

97% July
3% Jan.

6%

6%

6%

6%

*4 %

21% Jan
26% Sep
31% Jan 24

14 Va Jun

6%

6%

91

a

13 Va

14

Jun

95

*86

'

8%

Jun

Jun

34%

'95

91

4%

19

5

*33%

95

*86

13%

16% Jun 20

104%

34%

*92

91

8%

Jun

Feb

*33%

95

*4%

25% Oet

NOV

34%

*92
*86

13%

35 Va

3% Nov

100

*34

95

34%

8%

Dec

06

.3,000

4%

Feb

*14%

8%

191

*10%

,

150

500

8%

.13%

18

i

8%

*4 %

23

90

8%

*80

STOCKS

25

8%

xl3Va

2

t per share

8%

11,800

42

4%

Lowest

t per share

8%

400

113%

42

8%

Range Since Jan. 1
Highest |

Hlghestr

42%

110

27

26%
*112%

42%

13%

Range for Previous
Year 1948

27%
112%

42%

8%

Shell Union

Jun

5

26%
112%

*4%

21

30

7% Jan

26%
113%

13%

39% Jan

46% Jun

25%
42%

1

Sheaffer

Dec

700

600

4,700

9%

1

10

Feb

50

9%

5

14% Feb

4%

*49 Va

9% ■*

Servel Inc common

8

28%

49%

;9%

Seeger Refrigerator Co
Seiberling Rubber Co

33% Sep
*

49

10 Va

*112%

6%

5

Sharon

10

*9%

No par

7

83

49%

*48

No par

Finance Co—

37% Jan

10

500

7

101% Feb:, 5
31% May 5

8% Jun 13

18%

95

100

Seagrave Corp —
Sears Roebuck & Co

Aug 17
Aug 18
14% Aug 25

33% Jun

A

*18%

26 Va

34%

——100

series

preferred

18%

*86

Seaboard Air Line com v t c__No par

5%

18%

*8%

(The) common—5

Co

18%

43%

96

Elec

14

112%

*106

3.35% preferred

13%

25%

No par

Scranton

7

14

*42%

preferred—————No par
Mfg Co 3.65% pfd
100
4.30%
preferred
100

6

13%

112%

$4

20

Jan

10%

No par

Paper Co common

47% Jun

10

50

Scoyill

9

Jan

50

10

300

42%
99%

18%

DAY

24

99

14 Va

LABOR

100

42%

14

13%

*23

23%

18,200

42%

42%
*99

99%

,14

13 Va

5
100
5
1.75

Corp

Jun

104

Lowest

CLOSED

18

99%

*99

18 Va

3

13% Jun 28

'

Feb

CLOSED

,...rNo par

$3.40 preferred

8

Jan

83

Scott

13

Sep

Arms

Savage

106% Aug 26
91% Mar

(The)

(Jacob)

Schenley Industries Inc__

8

Jan

2,800

99

99

l

-

St Regis Paper Co common
1st pfd 4.40% series A

7

May

12% July
8% May

24% Nov
30

87

14%

Dec

9% Dec
94

Jun

9% Jan

43% Nov

Dec

5%

8'

July

90

Apr

8%

Feb

9%

1

Typewriter.

59% May

Mar

31%

1

xl03% July 13
78
Jun 29
94% Jun 30

July

15%

Wks Inc

STOCK
EXCHANGE

,

12% Jan 25

13
.

Jan

13% May
91% May

8%

Metal

Art

STOCK;
EXCHANGE

Safeway Stores cofnmon
5
5% preferred w—
100
St Joseph Lead Co
10
St L-San F Ry Co com v t c—No par
Preferred series A 5% v t c
-100
St Louis Southwestern Ry Co—100
5% non-cum preferred
—100

21%
61%

1,600

8%

X23%

Ruberoid Co

113

4%

8Va

42%

Ruppert

Sep

4%

8%

23%

12% Mar 12

Feb

4%

42%

55% Jan

39%

4%
x8%

23%

39% Apr 25

107%

4%

8%

42%

25

;_20

_,__100

18% Feb

3

16%

23%

Ronson

8% Jan

39%

*15%

*42

14 Va Sep

Jan

39%

16 %

*23 %

preferred

conv

preferred series A

700

17%

,40%

16

8%

13

May

*17%

17%

17%
40 Va

16

4%

4%

100
320

39%

17%

38%

16

4%

4%%

20

50

*15%

17%

8%

Rohm & Haas Co common

4,700

105%

105%

4%

Controls

1,600

96%

95%
105 Va

8%

Antelope Copper Mines

100

6

39%

*95

95%
105 Va

39%

,•

100

*48 V*

>50

*48%

1,800

5%
38%

105 %

com„1

Roan

Robertshaw-Fulton

16

18%.

Dec

17%

so

20,200

19%

*98

5%

96%

*95

Xl05'/a

38%

72

Dec

8% Dec

*48%

96%

*15%

99% Sep

Jun

49%
106

.

5Va

39%

39

39%

50

95

5

19%

100

1,500

12%

19%

99

5%

No par

27% May

Mar

54

1

39

39%

19%

6

8,100

,

102

*94

5

99

19%

;99%

5%

t'j

12%

96

4%

No par

21
10% Jun 13

96% Apr

Co

19%

*100

12%

*94

4%

Shares

19%

19%

ioi >:

12%

Richfield

12

23

—

95

*99

6

39

101

Ritter Company

1

Jan

Common

Rheem Manufacturing
Oil Corp

13

40 %
21

Jun

-

36

,

Tob class B

(R J)

101

the Week

Sept. 9
$ per share

19% >19%

-

Sales for

Friday

v.

Sper share

12%

4%

19%

99%

6

-1
—10

19%

12%

i

4%

*93%

100

3

Jun

Sep

4%

Thursday
Sept. 8

95

19%

34% Jan

Jun

Feb

convertible preferred

5%%

*98%

94

Reynolds Spring Co

24% May

4%

3'

103% Feb

,

93
V/-

X19 Va

101%
12%."'.

12 Va

1. '
1

$ per share

20

*99 Va

6

49

6%

Jan

19%

Republic Steel Corp com
No par
6% conv prior pfd series A
100
Revere Copper & Brass com—No par
5%% preferred
100
Rexall Drug Inc
-2.50
No par
Reynolds Metals Co com

'

Sept. 7

$ per share

6% Jan

28

Dec

18 "
26"

5% Apr
23

t per share

14

15% Jan
Dec

110

$ per share

PRICES

Wednesday

Sept. it

4'/a Jun

17 %

17

Par

7

16% Jan

18% Jun

May

29%

NOV

91

27% Jan

15

10% Jun

Oct

102

13

Sept. 3

HIGH SALE

Tuesday

Monday
Sept, 5

Saturday

t per share

share

Jun

STOCK

YORK

EXCHANGE

Highest

91% Jun 13

111% July

15

per

17

Oct

103

82%

NEW

Range Since Jan. 1

Year 1048

Monday, September 12, 1949 ^

105

72

*69

8

7%

8

67%

3,000
*370

67%

67%

15%

*88%

...

14%
28%

28%

105%

104 V*

104%

20%

20%

900

15 Va

29

20%

j

90

4,000

88'/a

40

31%

6,600

129 %

500

88 %

89

300
-

17%

Nov

86

Feb

109%

3

97%

Feb

89% May 12
32 % Aug 19
130% Aug 15

121

Oct

109

Jan

4

54 y2

Jan

145 ?

73

Jun

55

Jun

13

36%

Feb

68% Sep

'1

53

Jun

36% Jun 14

43 Va Sep
74 % Jan

7

Standard Oil of California—No par
Standard Oil of Indiana
25

7

Standard

Oil

of

New

67%

68%

68 %

69%

26% Jan

7

Standard

Oil

of

Ohio common—10

25%

25%

25%

25%

25%

preferred series A
100
Steel Spring common—1
convertible preferred
50

100 Va

100%

*100Va

100%

15%

15 Va

15 Va

42%

*41%

42 Va

*30%

31

27% May
Oct

69% Feb
23%

Oct

92% jun

11%

Feb

38

Feb

36%

Nov

11% Mar
32% Mar
88

Feb

.

60% Jun 13

35

Nov

89

98 % Jan

Jun

20

Jun

97% Jun

96 V2

May

15% Oct

12

Jun

14

43% May
41% May

40

Jun

7

x27

Jun

15

13

9

15% May
39% Jun

35% Jan

3

97

94

6

jun

23%

Dec

12%

Feb

36% May
16% May

9%

Dec

18

Jan

Dec

20

Jan

10

July 12
Jan

24 % Jan

3

9% Jun

17

9 Va Jan

3

15% Jan

4

Aug 16

1007/a Sep 31
16% Aug
8
44

Jan

24

38% Jan

>

13

18'

41 %
100
31

Jan

Aug
Jan

7-

2"
27

Aug 17

14% Jan

7

13 %

$3.50

preferred

No par

$6

prior

$7

prior

preferred
preferred

Jersey

128

128%

No par

142

142

25

3%%

Standard

4%

Starrett Co (The) L S
Sterchi

Bros

Stores

Inc

Sterling Drug Inc common
3% %
Stevens

(J P)

No par
1

11%

Jan

16% Mar

18% July
29 V* Jun

6%

Nov

& Co Inc

Corp

Dec

98% May
70% Nov

50 % Mar

113%

Jan

120

July

9%

Feb
Deo

21%

Jun

18%

Dec

26%

Jun

5»4% Mar
For

43

footnotes

July
ses

page




61

Jan

17

9

Jun

14

11% Jan

8

15
July 8
16% Jun 13

17% Jan

13

36% Feb
24

14

120

prior preference

Sunbeam

43

8,500

15

100%
15 Va

*100 Va
15

69%

*41%

42%

*41%

42%

*41%

*30%

31%

*30%

31%

*30%

11%

*11%

11%

*11%

July

6

19% Sep
9
49% July 13

Co

Corp

common

common

Class A 4% %

pfd

Sunray Oil Corp common
4%%
preferred series A
4%% preferred series B
Sunshine

400

1,200

11

37%

38

*98%

Biscuits

■

V
300

11%
100

3,300

30%

29%

29%

11%

11%

11%

12

11%

11%

12%

12%
17%

12%

12%

17 Va

17 Va

>•

17%

17%

17%

18,700

22%

12.900

12%

37%
100

37%

*98%

37%

*98 %

100

12%'

12%

12%

17%

17%

17%

*17

37%

100

20

*17

17

17%

16%

17%

17%

21%

22

22

22%

22 V*

22%

22%

*36%

*36%

37%

37%

1
No par

7%
*95

37%

*36%

37%

7%

7%

7Va

96%

*95 Va

97%

■

••:?:. 7%

7

7 Va

*95%

97%

Inc

100

1,000

95%

95%

10

60%

60%

1,100

*118%

119%

20

10%

10%

8,300

16%

16%

*16%

19%

19%

19%

19%

48%

*48%

48%

*48%

10%

10%

10%

*16%

16%

16%

16%

19%

19%

19%

12.50

48%

49%

48%

10%

300

60%

25
25

60

1,900

119%
10%

118%

*118%

7Va,•••..•

2.000

60 %

59%

100
1

60

37%
■v

2,900

119%

No par

118%

...

30%

30

No par

Corp

$4.50 series A preferred
Sun Oil

4,400

15 Va

15

11%

37%

16.900

25%

100 Va

69 %

31

*11%

69%

25%
100 Va

69%
26

1

Corp

Chemical

42 Va

No par

Stone & Webster

Sun

5,600

43 Va

'

Apr 13

117

15% May

17%

52% Feb 10

9

68 Va

42%

30

7

Sep
1
7% July 27

67%

43%

11%

13

38

68%

42%

30%

6% Feb

95% Sep

1,000

^

<

42%

11 Va

Studebaker

8

144

68

42%

30%

24

Jan

*142%

68%

5

10

90

142%

67%

15

16% Feb

11% Jan

91%

142 Va

67%

*98%

12% Feb 25

8

129

142%

67 Vs

37%

Stokiey-Van Camn Inc common—1

Aug

,v

*128

5

Aug '2
17% July 29'
17% Sep v 9

5%

142

129

128%

*127

31 Va

31%

31

100

preferred

Stewart-Warner

30%

No par

28% Jun

15

*88%
r

Standard G & E Co $4 pref—No par

61

119%

10%

17

900

19%
*

1,700

48%

500

COMMERCIAL

THE

Number 4837

170

Volume

YORK

NEW
Range Since Jan. 1

"Year 1948

Lowest

Highest

t per share

j

Mar

13%

Dec

31

Dec

Jun

19 %

127

Jun

44%

8V4

Nov

16%

36%
22

Jan

17%

Feb

26

Jun

79

Dec

91

Aug

7% Feb

14

Jun

14

8%

17 y8 Aug

12

Sutherland

7

26

Paper Co__
Sweets Co of America (The)

-

'9%

9%

.>9%
33%

•"

4.16%

9%*' 9%
'33%
33 %

33%

8

-

'

"«

8

29

4% Mar

7% May

3% Jun

9

Swift

7

Sylvania Elec Prod Inc com__No par

17%

2

preferred
Symington Gould

77% ■■■77%

Mar

89

Ltd

5% Jan

14

No par

$4

7

Corp

Shares

9%

7,800
100

34

1,100

8%

*7%

8%

29%

<

1,500

34

34

29ya
10%

29%

29%

10%

10%

V 10%

400

3,400

4,300

,

'

'■17%'

17%

^4%

1

9%

*9%

*7%

7%
8
•' 29%
io%;. 10%

29%

10%

Swift

*

the Week

162

*155

9%

34

17%

17%

17%

17%

77%

77%

> 76%

77%

76 %

4%

4%

41/4

*

•

*4Va

4%

17%
"

•

76 y2 Sep

.

9%

fo*

Sales

Sper share

9%

wl62

9%

■■•

V *

;

29%

/'>• 10

25

25

<24% Jan

'5

*157

162

5

9%

i.

'

10

Co

23

•

21

International

9%

9%

9%
*156

160

160

Friday
Sept. 9

$ per share

$ per share

share

$ per

$ per share

share

Feb

32% Jan

j12

.

&

$ per

Thursday
Sept. 8

Sept. 7

Sept. 6

50

Jan

'36

25

27% Jun
;v<

PaT

Sept. 5

—10c
25

Superior Oil of California
Superior Steel Corp

9% Apr

17

Jan

Dec

V 14% Jan

AND HIGH BALK PRICES
Wednesday
Tuesday

Monday

Sept. 3

Sunshine Mining Co

11

Jan

168

(999)

RECORD

Saturday

fper share

15

30% Jun

Jan

Dec

8%

Jun

8% Aug 30

«

Jon

28 Va

«

STOCK

CHRONICLE

LOW

STOCK

YORK

EXCHANGE

10% Apr 14

7% Mar 25

11%.Mar
235

NEW

Highest

I per share

$ per share

Dec

140

FINANCIAL

STOCKS

Range for PrevloiM
Lowest

&

6,100
720

77

4%

200

3%

'

1,500

11%

4

200

•.T

■

'

;

...

9% Mar
3%

T

11% May

De<j

5%

9% Jun

14

2% Jun

Jun

6

Talcott Inc

11% Aug 18
4% Jan

14% Mar

19% May

13% Jun

14

17% Aug 11

Tennessee

52

Nov

67

48% Jun

13

60

15 V\

Nov

47

Feb

25% May
71% July

Corp

Corp

*10%

9
5
.—_5

(James)

Telautograph

7

—,

Jun

liy4Jun

14

Jun

7

Texas Co—

17"% Jan

14

56

Sep

xl6%

7

Texas

Gulf Producing Co
Gulf

Texas

19

Nov

25

Oct

16 Ye Jun

14

65% Aug 18
23% Jan
7

29

Feb

33% Feb

<7

48

Apr 25

45%

Dec

48% May
65% May

Jun

16

46

Jan

-

10%

Dec

xl4%

Dec

5%

Dec

12%

24

:

Dec

25%

20% May

Apr

5'/4

Dec

Dec

47 Ve

13%

Apr

Apr

24

4% Jun

Jan

Dec

19

7%

Oct

35

10%

Feb

59j/2 May

Feb

95%

Jun

1% Mar

4%

Jan

:

20

0

7

90% Aug

2

2% May 23

23% May 19

Jun

19% Jun

Jan

10

104%

Dec

Dec

9%
15%

5%

Nov

July

23% May
55

14

102% May
3
13 % Jun 13
37% Jun

May
Jan

10

Jan

10

Jan

;

23%

Nov

19

HY2 Jun

Apr

13

,ic%Feb

10% May

6% Feb

11

Nov

107 y2 July

98% Feb

10

103% Sep

8

12 % Mar

19'/a Aug
25% Mar

9% Aug 30

15% Jan

13

96

Feb

1

17% July

8 %

19 V8 Jan

3

31%

Dec

36%

Jan

32% Jan

6

92

Jan

100%

Jun

98 % Jan

4%
24

8% May

Dec
Jun

5%

32 %
14 y4

Dec

13

Aug 12

3

Jun

4% Jun

Jan

8

7% Mar 14

20

29% Mar 14

4% Jan
24

Jan

36% Aug

6% Jan

13

7

3,300

64%

2,100

}

\

22

21%

221%

22 Va

22 %

22

22%

42%

43%

43

43%

43%

43%

2,200

39

39

38V4

38%

300

9%

9%

3,100

(The)

preferredRoller

Corp

*7%

40%

40%

40%

*40%

89

89

*89

*3%

34%

34

*105%

105%

105%

x!05%
14%

11%

11%

11%

14%

/ 14%

14%

13

;.*i2%

13

*

*12%

No par

7%

7%
102%

.1 21%

> 21 %

par

*35%

pai

21%

i

•36%

*99

*35%

102

■

par

6%

6%

*27%

27%

27%

7

*6%

50

51/4

9

*5

1

9

2,900

3,600

12%

9%

12

Jan

8% Jun

59 y4

Jun

39% Jun

17

16%

Dec
Dec

9% Mar

Jun

10% Feb

■; 8

*

27%

Feb

39% May

37%

Nov

43 y4

103

Oct

110

Jun

91

Feb

98

Jun

80

51% Feb

36% Jan

Union Tank

Range Since Jan. 1

NEW

19% Jun
33% Jun

Nov

17
13

112

Jan

6

94

Jan

13

Nov

90

.{an

86% Jan

21%

Feb

73% Jun

14

45%

31%

Sep

51% July

48

Jan

41%

31

Jun

Apr

12

Jan
..■■

94;

13

Nov

38% July
96% July

25% Jun

79%
■

Jan

42

107
•

10% Mar 17
46

*12% Apr ,6
31% Jan
7

*

7

16

.7

Aug 30
Jan

13

94
Aug
31% Apr
89% Jan

*

Mar 28

(The)

Ddylite Corp
Underwood

Lowest

Highest

$ per share

22%

Nov

110%

Jun

19%

Nov
Jan

23 %

14

109

10% Jun

13

(

14% Mar 29

Oct

,

25% Sep

61% Jan
,

27%

15%

2%
41

Feb

16

36

7%

4%

Jan

40% Jun

Feb

13

2% Jan
3% Jun

3

9

Feb

May

Dec

82%

Apr

16%

Feb

28%

Jun

37%

Jan

46%

Jun

34% Jun

Feb

58% May

x44%Jun

2,200

21 Va

3,400

36%

*35%

10

18%

Dec

23

Dec

11%

May

21% May

•

July

18% Feb

■

i

■.

7

500

27%

27%

5Va

5Va

400
'

'500

.

19

16%

3*2%

Feb

Feb

15%

May
Jun

101

24% May

Feb

92%

Feb

166%

Nov

8

Dec

17% May

Dec

76

54%
19%

Dec

■.-,

113%
179

/ •I

Jun
J Jun

Jun

6

11

Mar

United

Gas

United

Merch

July 26

7

28

17% Jan

8

U

13

104% Jan

20

U

185

Sep

8% Jan 24

6

May 25

S
S

7%

1

57

Jan

24 %

Aug 18

21

U

S

36

Jan

15% Jun

13

Sep

21%

Jan

11% Jan

3

7%

Dec

9% May

39%

Feb

53% July

38

58
July
37% May

52% Jan 12

61% Aug 18

U S

19% May

25% Mar

U

49

Jan

22%

Dec

86

Dec

37%

Dec
Dec

121
37 V*

May

49% May
Jan

58 Va

Dec

Jun

72

Nov

63%

94

137%

7% Jan
Jun

3

17%

Apr

64% Jan

13

Jun

129% Jun

8

19%

Jan

18% Jan

4

Feb
Nov

-42% May

38% Jan

6% May

,4% Feb

24

37

8%

12% May

Dec

85%

Dec

•t.98%

Jun

2%

Dec

f

6%

Jun

Dec

V34

22

16
:

;

Feb

4

Mar

19

Feb

150

Feb

7V!i
42

Deo
Dec

Jan

8% Jun
80

Apr
2% Jun

-21

Feb

72

21% May 19

Aug

5

4

Jan

8

12% Jun

14

-3% Feb

25

19% Jan

17

Jun

-15% May

May

70

156

■1

Mar

Feb

43% Jan

17

2

Aug 12

10% Mar 30

Jun

May

44% Sep
; 5%

87

Jun

23 %

26

14

8

5

10

U

25% Aug 19
17% Jan
7
7% Aug

12

25% Sep

2

Jun

14

170

10% May 18

3

55% Sep

7

25 % Apr

25

U

U S Tobacco
.7 %

2d pfd—5
No par
common—2 1
4% conv preferred
50
Universal-Cyclops Steel Corp
1

8%

Tobacco

Leaf

4%%

1

com_Nopar

100

preferred

Universal

Pictures Co Inc com

preferred

1

100

Vanadium Corp of America—No par

Jun

28

8% Aug

8

11% May 13

Van

21%

Feb

26% May

20% Jun

14

24% Aug 19

Van




Wall Paper Inc

Universal

27%

24

preferred

conv

Universal Laboratories Inc

15% May

page

25
1

Norman

Raalte

Co

Co

Inc

2.50
10

400

34%

*34%

351/4

34%

34%

300

PRICES

*73%

74%

5%

$ per share
22 Va

107

*73%

34

"

25%

>

25%

25%

1041%

104%

25%
104%

1,600

104%

25%
104%

51/4

1,000

33 %

400

5%

5%

0%

5%

33 %

,33%

33%

*32%

*33%

34

*33%

34

,*33%

.

2%

2%
45%

2%

2%

45%

451%

2%

2%

*44%

45%

*45

4%

41/4

4

4%

4%

4%

7

7

7

7

7

7

55

56

*55

57

*55

15%

15%

STOCK

■•■,

*39

X1S%

22 %

22%

*39

7%

400

12%

#

*21 Ve

*20%

23

*20%

23

24%

23%

497a

49 7o

50%

16%

17

22%

22%

1,200

12%

11,000

*21

23

*20i/2

23

25%

24%

97%

*97

97%

*97

97%

14%

*13%

14%

*13%

14%

95%

186

*183%

98%

187

*44%

45%

*44%

45%

23%

23%

23%

23%

1,000

4%

4%

4%

4%

700

44%

44%

45%

23%

23 %

23%

23%

4%

4%

18%

18%

15

14% "14%

4%

*7%

61%

24%

*90 %

*90%

92

33

33%

33

122%

122%

37%

38 %

36%

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21%
....

*135

.

,.:,44
5%
,

*44

,'44
5%,

;■

1,300

81/4

500

2,000

'*85%'

*85%

87%

>23%

25
14

'6%

7

'

23%
*167

8%r

f

25

33%

135

9%
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,3%
25
13%
16%

•

3%

23 %

<

8% •'

*44

56%

56%

18

18

17%

1-7%

9

9

*24

•

'

24%

*9

24

9%
24

2,100
360

4,100

38%

69%

69%

200

27,900

22i%

22%

135%

135'/4

135%

1,600

21%

20%

21
44%

1,300

*5

44%

*44

5Va

\

*5

5%

20
100

'

9%
,

10

87%

*85%

3%

3%

9%
*85%

3%

10

4,600

87%
3%

1,200

25

*13%

*24

25

14

*24

*13%

14

100

'

A

6%
24-.
*167

8%

8%

56%

*56

38%

22%
i

'

23%

170

70%

21

,5%

*167

170

2,000

92
122%

38

•<22%

.

44%

6%
-

24%

33

21%

'13%

200

23%

*90i%
122

71%
22%

*23%

*13%

61i%

-

135%

3%

3%(

44%

122%

*69%

„

44
61 %

,33% "<33%

*

3%

92

37%

*5

9%

9%,

61%

122%

>

*

9%

,44%

24% -24%

" 373/8

21..

-21%

700

14%

8 %

*90 %

92

22%

22%
135

19%

14%

44%

<33%
123

*69%

72

•22%
134%

19V4

8

*61

24%

122%

19

14%

8

61%

24%

24%

60

19

45

61%

*61

(

44%

...,

14%

8

8

8

45%

45%

300

7%

7%

.*43%

19

6,700

99

*183%

*7%

14%

14%

7%

7%

*4

11,600

97%

98

7%

*18%

25%

*97

*13%

186

7%

'

:

96%

186

*7%

"

•>24%

*183%

97 '

96

96

*183%

100

•

23

*13%
„

12%

12%
23

*20%

24%

23%

6,200

24,400

17%

■

*97
■J

200

22%

16%

*21 Va

-

1,800

16 Va
39

12%

<23

120

56

16

39

12%

12%
22

551/4

16

22 '/a

22%

lira

DAY

10

53,800

39%

/

17

4,000

4 Vo

*6%

56%

49%

49%

22

LABOR

2%

4 Va

39%

39 %

49%

17%

22%

CLOSED

49%

16%

EXCHANGE

CLOSED

39%

X49 %

STOCK

EXCHANGE

34

16

15%

150

46

*45

'

15%

100

74%

*5%

•

3,000

3,400

12%

32%

;

5%

Shares

22%
107

12%

13%
74%

*73%

74%

24%
*104

32%

2%

13

13,

.•7

22%
107%;.

Sales for
the Week

Sept. 9

'

share

22

*107

*73%

24%

$ per

22%

12%

*33%

Sept. 8

107%

*,1*7

Friday

Thursday

-

share

21%

.<■

12%

No par

Co com

50%

$ per

32%

2,100

50%

*50%

Sept. 7

104%

4.200

81

79%

50 %

12%

*104

31%

81%' 81%

Wednesday

share

"(24%

40

93%

50%

AND HIGH SALE

22%

31Va

,

-

34%

'

■108

31%

.

*93V»

■<•,•

12,100

81

79%

51

31 Va

■

:

50%

■

34%

*107

5
100

United Stores $4.20 non-c
$6

31%

V'.. 21%

100
5o
50

preferred
Stockyards Corp

United

V 31 '/a

79%

$ per

t per share

10

common

1st preferred

non-cum

United

Dec

«ee

share

Smelting Ref & Min com
7% preferred
3 Steel Corp common
No par
1%
preferred
100

Feb

footnotes

Co

non-cum

U S

9%

For

I per

1
100

Plywood Corp common
3%% pfd series A
Rubber

-:?■ <311/4

Sept. 6

1
10
20
10

Playing Card Co

S

93%

1,000

4,000
•

97

*931/2

97

*92 Va

1,400
<

111%

*llli/4

IIH/2

*93%

93%

Tuesday

No par

preferred

40

97

Sept. 5

100

common

common

S

14%

Oct

Co

Pipe & Foundry Co

8%

Mar 17

29

10%

170

18

24% May 14

;

S

21

29

20

*

•>.

26

Jan

140% Jan

3

4% Mar

-

4% %

Aug 11
Jan

46% Apr

13

140%

8

43

28

20 % Jun

129% Mar

U

Co

& conv

Lines

S

18
28

133

13

S

Partic
U

'92

Apr 29
31% Aug 12
36 % Jun

14
21

8% Apr
49% Jan

19
13

82

112% Jun

Jan

16% May 18

No par
No par
No par
20

class A

Leather

Jan

Dec

1
1
1

No par
No par

U

Dec

1

preferred

Industrial Chemicals

4%

5% Jan

Securities

U S

11%

8%

interest w

Freight Co
Gypsum Co common
preferred
:
Hoffman Machinery com

4% %

27

of

1st preferred

$4.50

May 17

17%

Jan

Inc

U 8 & Foreign

8

Certificates

17% Apr 28
3% Jun 13

42%

Mfrs

United Paramount Theatres wi

100

Jan 10

6% Jun

&

24% Apr 13
23% Apr 18

12"% Jun

43

10
Improvement Co—13%

39%

,

*92%

Monday

No par
Corp—No par

8

x89 % Jun

175

Co

40

*93V2

34%

Cig-Whelan

Unite

24

97

*501/2

No par
Carton Corp
10

Fastener

United-Carr

11%

24

*llli/4

.:

111

111

111

11%

24 V8

93%

31

No par

25% Sep

6

18% Feb

&

Carbon

United

13
*

20

94

Board

United

22% Aug 25

24

Jun

18% Aug

preferred

39%

38%

43

11%

*92%

100

preferred

United Biscuit of Amcr

$4.50

38%

44

44

24

:

3.100

9%

91/2

9%

39 V4

23%

791%

common

United Gas Corp

Aug 17

54% Mar

Corp

7

7

3

40

<

9% Mar 23
u19 %Jun

89

65

2

Jan

22% Jan

22

%

4 %

1

100

101

11%

11%

x23%

LOW

Stores com—30c
$3.50 convertible preferred
10o
United Corp (The)
1
United Dyewood Corp common
1
7%
preferred
100
United Electric Coal Cos
5
United Engineering & Foundry
5
United Fruit Co
No par

6

7% Aug 19

7

Jun

18

45% Aug 19
4 % Aug 31

22

48

45

,14% Aug

12

3% Apr

24

60

7

I

210

9%

43%

43%

XIIV2

111

^

5
5%
convertible preferred
100
United Air Lines Inc common—10

8
-

33% Mar 17

13

55

Aug

\

9.700

103 Va

*6%

*93V2

Sept. 3
Par

Aircraft

United

Aug 16

38% Jan

s

3

2% Jun

-

Mar 24

7% Jan

13

29% Jan

5 Va July

Dec

2%

29% Jun

Dec

July

3% May

Nov

105

Jun,27

4% Jun 28

Jan

38 %

Feb

29
-

Dec

77

3

19% Feb
103

6%

>
>-

Saturday

STOCK

$ per share

'26% Mar 30

.104 % Jun

90% Mar

19

YORK

EXCHANGE

Highest

20% July 15

Apr

57%

Lowest

t per share

30% May

-

Nov

9%

*

$ per share

Dec

103%

i

43%

12

24%

'

STOCKS

Year 1948

44

38%

No par

Car Co

9%

9%

23%

Rubber Co

&

♦

Range for Previous

)

'?■

s
f

f

11%

44

Corp

Asbestos

Union

"t

|
8%

1
No par
5
Union Bag & Paper Corp
No par
Union Carbide & Carbon
No par
Un El Co of Mo pfd $4.50 ser__No par
Preferred $3.70 series
No par
Preferred' $3.50 series
No par
Union Oil of California—
25
Union Pacific RR Co com
50
4% non-cum preferred
50

14

;
l4

100

<

21

r

27%
5V4

*5 Vb

11%
14%

*100

7

27%

5

y

r*

101

*6%

,•

27%

5

.

2,000

9%

35%

*100

;

3,900

7%

211/4

-.35%

36%

,10

141%
37%

103

10

21 Va

21%
102

*100

106%

11 Va

103 Va

10

10

7,300

13%

7%

102%

10

-

121/a

7%

■:

10

10

„

'

102%

7% '

102%

102%

par

(*12%

12%

7%

:■=

5

14%

500

14Va

:37%

14%

400
,,<•

37%

14%

37%

xl4

11%

14%

23%

*105

105%

14%
37%

11%

11

5

3%
34%

<23i/a

23%

•

37%

No par
2

Co———-

23%

<•-

23%

i
<

20

34%

.

j:

700

90

3%

35

;

*
»

40%

*89

3%

3%

*34

-

34 %

,

23%

23% ■■■■•.23%
*105%

>'

3%

3%

3%

34Va

40%

90%

40

200

8

*7%

,41%

300

16%

16%

8

I
1

;

3

*2%

16%

*7%

;

90%

14%'/

Century Fox Film com_No
conv preferred
No
$4.50 prior preferred
No
Twin City Rap Transit com__No
5% conv prior preferred

5%

38%

•

3

*16%

8

*7%

8

381% ;•

$1.50

Coach

16%

40%

Corp common—
1
No par

preferred

Twin

*16%

14%

20th
■

16%

37%

Trtfax-Traer Coal Co

*4%
38%

38%

*2%

<

>

5

*38 Va

3%

—5

—

14i/4

14

5

38%

*2%

*89

No par

Transue & Williams Steel

$6

*38%

3%

10

Transcont'l & Western Air Inc

*13%

*14

if

5%

*5

5

38%

No par
No par

Bearing

Transamerica

600

14%

;*13%

*16%

.100

—

6%

I

31%

14%

No par

com

6%
*30V4

*13%

•

;

i
i

100

6%
.31%

<

t

*2%

1

com

14%

*6%

•

6%
311/4

6% '

.

6%

DAY

1

*30 Vi

* 14 Va

v

6%

*30%

*13% ;u4

;;

15

Products

14%

!

9%

9%

*30% <•.31%

LABOR

••

/

5

Co

9%

*14%

14%

,

t

9%

1

9%:

14%

41

*39

41

U
39

s

7,300

42%

*38

Timken-Detroit Axle——

1

24% May 16

.

102 %

16%

64%

1

Tri-*Continental

Aug 18

16

64%

50

.

$3.75

.4

16%

Transit Corp_No par

Steel

Timken

12
Mar 9
16% Aug 10

i

4

16 Va
64 %

common

Tide Water Associated Oil com

10

16%
641/4

preferred

Co

,4% preferred
Thompson-Starrett Co
-$3.50 preference

8

.

Jan

15%
64

<9%

-No par

Avenue

Thompson

<43% Mar 30

19

22% Mar

J13%
:»

xl05% Sep

1

i1

16%

*39

CLOSED

•

—No par

preference

a

.4% Aug 15
35% Aug 12
25% Jan 21

i

42%

EXCHANGE

CLOSED

50c

Thompson (J R)__;

Mar. 9

45% Jan

Nov

Mar

Thomas

15

32%

17

6

'

14

31%

40

Jan

12,600

64%

STOCK

EXCHANGE

—100

common

conv

1 Third

34% Jun

19%
95%

$2.50

8

84 % Apr

.

19% Mar
Feb

Thermoid

19

7% Jan

7

Inc

$2.4o conv
The Fair
-

X39% July 18

7% July 27

Jan

39%

2

14% Jun

...Jun

85

6% Jan

17

Mar

1% Jun 20

400'

59%

21%

STOCK

$1.25 cony preferred
No par
Thatcher Glass Mfg Co common—5

15% Jan 22

7% Aug
4
32% Aug
5
13% Aug 12

16%

59%

64%
"

1

—

Pacific Ry Co

&

Textron

V

.

share-ctfs

Texas

7

*16%

59%

Pacific Land Trust—

Sub

3

11% Jan

13

Jun

25% Apr 19
12% Jun 23

15% May
10% May

6%

8

13% July 12
4% Mar 21

Jan

Jan

34%

<

v

May

14%

46%

;

36

Pacific Coal & Oil

Texas

16%

59%

16%
60

"

10

Texas

16%

16%
59%

59%

I

*15%

10
No par

Sulphur

*3 Va

3%

16%

59%

25

-

*11

3%

3%

3%

3%

'

~

11

11

11

*10%

11

*3%

6%

6%

7'/a

4.600

24%

24%

24%
168%

1/700

8%
56%

3,600

170

8%

*56

56%

♦

I<*

1-75/e
9

24

*167

8%
*56

10

17%

500

9

8%

8%

*700

24

*23%

24%

300

17%

24

COMMERCIAL

THE

(1000)

NEW

1

f per share

I per share

I per share

3

13% Jan
23% Aug

10

Feb

1

15% May

10

Feb 16

19%

29%

20

Jan

Jan

VV:"

3

Feb

12 V* July
Dec

85%

Dec

94

May

85% Mar

5

86

Feb

95

Jun

85% Jan

5

00

Dec

48% Jun

33 % Jun

17

WCt

96% Apr
14% July

91

Jan

7

98

5

Jun

6

82% Jun

17

15% Jan

3

93

124% July
18% May

Feb

14% Not
109
Jan
15%

14% Jan

Jun

23

29% Not

July 18

29% July 27

38% May
34% May
Apr

28% Deo

33% Apr
31% Sep

25% Jun

12

6
8
30% Apr 30
32
Apr 26

14

25% Deo

39%
32%

29

32% Jan

30

Mar 15

66

45

Jun

6

15% Jan

12

Jun

30

60% Jan 28
14% Apr
9

35%

25% Jun

13

31

May 19
1

105

24%

Dec

Apr

23% Mar

Jan

5

_2.50

11%

11%

11%

11%

Sales for
the Week

Friday
Sept, 9

Sept. 8

Shares

$ per share

$ per share

1,300

11%

11%

11%

./

22%

800

22 %

*22 %

23

90

•85

90

*85

90

*85

90

—.i

*86

91

*86

89

*86

88

*86

88

—1

*36

36%

36%

36

36

*98

99%

99%

*98

preferred

21%

;

100

*6%

6% div par tic preferred
100
Virginia Elec & Pwr Co com
10
$5 preferred
100
Va Iron Coal & Coke 4% pfd
25
Virginian Ry Co common
J26
6% preferred
2s
Vlsking Corp (The)
5
Vulcan Detinning Co common
20
1% preferred
—30

23% July 14

3

Co

Thursday

Sept. 7
t per share

*85

3%%

14

32% Jan

27

11%

Va-Carollna Chemical com—No par

21

Feb

Chemical

Wednesday

Sper share

Sper share

share

HIGH BUI PRICES

Tuesday
Sept. a

com_10O
100

8

Jan

Monday
Sept. 5

/

Victor Chemical Works common—B

17% Aug 18
118

113% Jun 29

Jun

117%

Dec

Aug

t per

Par

■■

VIck

38% Jan 26

118

Saturday
Sept. $

Monday, September 12, 1949

RECORD
LOW AND

STOCK

Vlcks Shreve & Pacific Ry
5% non-cum preferred

11% Jan 21

7% Mar

CHRONICLE

Vertlentes-Camaguey Sugar Co__6%

6

89

04/

STOCK

EXCHANGE

High Ml

Leweet

Hfeheet

YORK

NEW

Range Sfnee Jan. 1

Year 1948

I per share

YORK

FINANCIAL

STOCKS

ktt|f for PmUu
Lew eat

&

*89%
17%
11G%

22%

22%

36%

36%

99%

*98

17Va

17%
116%

6%

91

91

91

*98

6%

6%

6%

36%

700

6%

100

93

*90

93

17%
116%

500

99%

6%

6%

*90

17%
116%

*116

22 %

17%

17%

116%

9,000

17%

116%

116 %

*17%

19

*17%

19

*17%

19

*28%

28%

*26%

28%

*28

28%

80

19

*17%

300

28%

28%

30

30

30

600

31%

31%

*31%

31%

300

28

*26%

28

*30

32

*30

32

*45%

29%

46%

30

31%

31%

*29%

30

*31

31%

*27

28

*26%

28

*26%

*30

32

*30

32

29%

_

W
67% Aug
12% Dec
Dec

28

105

100% Apr

Jan

Jun

101

Aug

6% Jun 29

101

Jun

9% Not

14

May

Not

32

Jan

22

preferred

Walgreen Co common
4%
preferred—
Walker (Hiram) G & W
Walworth

8

STOCK

EXCHANGE

closed

CLOSED

No par

Co

Ward Baking Co common

Jun

14

15% Jan 21

14

95% Sep

8

5% %

Bros

104

253/a

labor

7%

day

14

14

29%

Warner

25% Feb

1

14

22% Jan

Warren Foundry & Pipe
Warren Petroleum Corp

104

*

?

29%

*14

*293/8

30

102 %

104

25%

2,700

73/8

7%

7%

1,300

7%

7%

7%

73/«

14%

14%

143/4

14%

94%

95%

94%

95

103/4

10%

10 3/4

103/e

10%

19 %

19%

19%

19

1,400

15%

94%

Xl0%

20

14%

*933A
19%

103/4

50

25%

25 %

14%

400

25%

25%

94%
11 "

500

14V2

103%

25%
*

*

103%

253/8

94%
*19

"

♦103 % 104

*14%

No par

14

29%

5

4

*45%

14

29%

'

14

1

Pictures

12% May

47

14

29%

»453/4

*45% ."47' 7

*29%

100

preferred

3
18% Jun 22
9% Jan

stock

exchange

100
No par
No par
100
No par

x87% Jun

X12

16% July

10% Mar
z83% Mar

Jan

RR 4%%

Waldorf System

Aug 11

25% Aug 19
93/4 Jan
7

21% Jun

27% May
13% May

<18% Mar
8% Feb

Wabash

19

190

12,000
400

xl9% Not

34% May

14

17%

18

18

19%

19%

20

27% Aug
20% May

23% Jun 27

25

Jan

11

3
Washington Gas Light Co—No par

*17%

20% Jan

23%

23%

*23%

24

23%

23%

23%

24

400

11% Jun

14

Jan

24

Waukesha

f

xl3%

13%

13%

133/4

133/4

13%

133/4

14

18% Aug

9

173/8

17

17

17

16%

16%

1,600
1,000

12%

Deo

22

16% Dec

3% Deo
26

Sep

*80

Not

78

*86% Jan
; 26% May

19% Mar

14%

1,500

*5%

53%

5%

5%

5%

5%

5%

1,200

21%

21%

22

22%

22%

22%

22%

preferred
Indies Sugar Corp

No par

81%

813/4

81%

81%

813/4

8l3/4

81%

8134

100

1

20%

20%

20%

20%

20%

20%

20%

20%

1,900

No par

$4

24% Aug 10

Jun

108% Mar 22

117 % Sep

Jun

113% Feb 25

117% July 11

7%

103% Mar

111%

103% Feb

iyi% Aug 10

6%

113

Oct
Jun

107

Apr

107

Jun

105

Apr 25

105% Not
100% Oct

101% May

22%

13% Mar

16% Apr
38% Feb

51%

Oct
Jun

100% Feb

110%

Jun

104

5% Not

10% May

5

34% Deo

46% May
16% July

7% Mar
22% Mar

35% Jun

108% Jan

2

17% Jan 20

4

41% Jan 24
25

14

108% Jan

24

7% Apr

32% May 23
8% Feb 24

41% Mar 12
12% Jan 20

Western

29% Apr

8

Jan

24

Western

Pacific

Sep

8
13

68% Deo

74% July

53% Jun

6

13

30

21% Jun

Mar 30

17

May 31

34% Jan

13

7
7

29% Not

39%

23%

Dec

33% Jun

20% May 31

27

Jan

85% Feb
91% Feb

95% Apr
101% Jun

903A Jun

3

98

Aug 18

98% Feb

15

104

Jun

213/4 Jun

7

25

Deo

6b

Jan

37

Mar

115
4

Mar 30

Jan

71

89% Jan

July

23% Mar

Jan

5

12% Jun
18% Jan

3

28% Feb

Feb

31%

Nov

Feb

19%

Jun

12

6% Mar

11% Jan

12

7% Jan

8

X42% Jun 22

56% Jan

13

May

70

Jun

21

Jan

10

Jun

6

12%

Dec

19
18

Jan

Dec

28

Feb

37%
49%

81%

58% Dec
*62

Jan

69

8

Mar

11%

22

2

34% Jan

3

49% July 29
16% Mar .80

Deo

69% Aug 17

Jun

10

72 Va Apr

' 7

68

Feb 25

79

Jan

10

66

Feb

9

78 % Sep

2

8% Feb 25

9% Jan

7

34%

Jan

20

Jun

19% Jun

Jan

48
24

13% Dec

19% Feb
3% Dec

•Bid

Ex-divldeud.

y

18

23

Aug 17

74

Jan

28

14% Jan

6

20% July 12

July
6% May

asked

7

39% Jan

10% Jun 28

35

and

12% Jan

53% Jun

Oct

89% Oct
*19% May

Deo

24

13

3% Feb

prices;

no

sales

13

on

this

day.

tin

233/e

23%

23%

19,900

117%

117%

117%

117 %

250

116%

116

116 Vb

116

116%

720

1107%

110%

110%

1103/4

1103/4

110%

1103/8

1103/4

770

112

*112

113

*112

113

*105%

112%
107%

112

*106

107%

*105

107%

*105

107%

105%

105%

*104%

1053/B

*1043/4. 105%

*105

105 %

~50

13%

1,600

413/4

900

.112%

13%

*40%
107

*35%

100

*21

No par
100

26

A

*9%

*63

41%

13 5/s

13%
41%

41%
107

36

106%

6 3/8

6%

106%
6%

6%

6%

6%

6%

600

35%

35%

35%

35%

700

36

*35%

10%

10%

10

10

93/4

1.400

21

21%

21%

21%

1,400

*27

27%

27 %

27%

2,200

67

26%
*65

65

93%

10%

60

273/4

*66

70

67

67%

300

24

*21

24

26%

108

*106%

14%

14%

14%

14%

14%

14%

2,700

Westinghouse Air Brake
Westinghouse Electric com
3 % % pfd series A
3.80% pfd series B

25%

2534

253/8

25%

253/o

26

5,300

We3ton

No par
12%
100
100

-

Instrument

Elec

12.B0

24

•

STOCK

EXCHANGE

CLOSED

Motor

White

Sewing

Prior

24%

24%

*24

243%

*24

*110

113%

*110

243/8

12,100

98%

97%

97%

220

102%

102%

400

24

24%

*23%

1133/4

*110

1133/4

112

34

34%

34

34%

78

78

78

25

34%
DAY

'

34%

*34

34%

78%

LABOR

102%

102%

'

24%

24%

102%

*97

98%

102 %

102%

24%

24%

*97

97%

*102

CLOSED

Wheeling & Lake Erie Ry
100
Wheeling Steel Corp com
No par
$5 conv prior pref
J—No par
White Dental Mfg (The 88)
20
White

97%

STOCK

EXCHANGE

78%

x77

77%

*77%

24

27%

27%

28

*27

13%

13%

xl3%

13%

*13%

13%

13%

24%

24%

24%

24%

24%

25%

24%

*32%

33

80

25

20

10

1,500

13%

J

com

preference

300

112

1

Co-___

Machine

27%

27%

*32%

27%

27%

500
£00

6,400
100

32%

32%

—B

9%

9%

9%

9%

9%

9%

934

934

600

Willys-Overland Motors com
1
$4.50 cenv pfd series A—No par

4%

4%

4%

43/4

43/4

4%

4%

434

2,100

Oil

Wilcox

Co

$4.25 preferred
Wilson-Jones

10%
*71%

10

Co

Woolworth

(F

10%,

10

Wisconsin Elec Power Co com

6% preferred
Woodward Iron

*47

No par

_No par

Wilson & Co Inc common

17%

100

Towne

*47

48

*47

48%

10%

10%

2,300

*71

72%

*71

72%

10%

*10%

10%

*10%

10%

*103/a

10 7 8

100

17%

3,400

17%

17%
140

17%

17%

*138

*138

141

17%

17%

*138

141

*26

141

27

*26%

26%

49

483/4

48%

48%

48%

48%

48%

4,100

13%

13%

13%

14%

13%

13%

*13%

14%

*6734 !

68%

*68%

68 Va

68 %

4

69%

70

390

26%

68%

68%

70

70

69

70

71

693/4

693/4

68%

68 3/8

*68%

*77%

21

69

69%

78%

*76%

77%

77%

77%

77%

77%

200

93/a

9%

9%

93/a

93/s

9%

934

1,300

21%

X20%

20%

20%

*21

*20%

20%

.1
50
Young (L A) Spring & Wlre.NoPar
Youngstown Sheet & Tube___No pa*
Youngs town Steel Door
No pat

10%

10%

35%

35%

*35

21%"

21%

21

21

62%

63

62%

63%

12

12

11%

Zenith

No par

243/4

243/4

25

1

33/4

33/4

Radio Corp
Products Corp

petition

27%

*26

*69%

No par

Mfg Co.

or

10%

72%

48%

Corp common
4%% conv preferred

receivership,

48%

10%

10%

*71

*26%

York

Zonite

*47

48%

10%

10%

73

*9%

Wrlgle*. (Wm) Jr (Del)
WypBfcte Worsted Co

&

33

10

Co

Worthlngton Pump & ' '
'*
Machinery common
No par
Prior pfd 4% % series
i»100
Prior pfd 4% % conv series—100
Wright Aeronautical
No par

Yale

*32%

33

—II

Co

W)

*138

has

been

filed

for

company's

reorganization,

a

10%

10%

10%

70

20%
10%

1,500
100

*35

21 Va

21 Va

21

21

63%

63%

63 Vs

63 %

5,000

11%

11%

11%

11%

11 %

900

253/s

25%

253/4

25%

25%

1,300

3%

*3%

delivery.

500

.

10%

10%

36%

3%

33/4

3%

3%

1,100

*35

36%

'

Deferred

60

71

rCash

sale,

s

Special sales.

36%

500

wdWheu distributed.

Ex-rights.

Exchange

Transactions at the New York Curb

Daily, Weekly and Yearly
Stocks
Number

Week Ended Sept. 9,1949

-

Railroad

mri

of and Miscel.

shares

Bonds

Foreign

Bank

Bonds

Bonds

640.530
...

$1,609,000

848,620

.2,295,00,0

939,020

_

2,007,000
2,088,000

772,980

3,201,150

$7,999,000

Holiday
$370,000
289,000

Total

Stocks

Government

Bond

{Number
of

Sales

Bonds

Week Ended
•

2,584,000
2,733,000

274,000

2,362,000

$9,658,000

$1,659,000

1949

of shares

$1,979,000

726,000

Week Ended Sept, 9
1948

Jan. 1 to
1949

U. S. Government

3,961,555
$8,000

International Bank
Railroad & Industrial

TOtal




Bonds (Par Value)

157,727,299
$400,000

Government

$798,500

Total

$137,000 *

Closed

Saturday
Monday
Tuesday
Wednesday
Thursday
Friday

Holiday

-

$103,000
167,000

$20,000

184,950
231,015

258,000

"32,000

1,000

291,000

197,685

193,000

20,000

4.000

217,000

767,595

$721,000

$72,000

$20,000

$813,000

153,945
;

Total

Week Ended

1948

214,383,967

Foreign
Corporate

$14,000

Foreign
Domestic

Shares)

Stocks—No. of shares.

168,000

1,000

Sept. 9

Bonds

Foreign

Sept. 9,1949

1949

3,201,150

Exchange

Daily, Weekly and Yearly
United States

Closed

Total

Stocks—No.

13%

41

41

106%

107

14%

Transactions at the New York Stock

Saturday
Monday
Tuesday
Wednesday
Thursday
Friday

13%

13%

133/4
41%

70

25%

Jan
7
4% Jan 15

9

23%

117%

14%

32

8

May

15% Feb

15

Jun

30% May 13
163/4 Jun 17

16% May

Dec

65%

X

24

64
,

July

10% Feb

i0

*59% Feb

Feb

37

5

Sep-2

:f 11% Jun 14

May
96% July

60% Mar

18% May
138

44% Jan

94

Not

58

17

22 ; Jun

j

25% May

Deo

13% Jan

23%

117%
116

24

25

2

4

Jun

'-i3%

Apr

Jan

128

Oct

ws Not

79

14% Jan 14

Jun

*138

14% Dec
125

12% Mar 10

8% Jun 15

17% May
88% Jan

x23%

10
100

com

900

Western Union Teleg class A_No par

323/4 Aug 10

8

65% May

Dec

7

11

6

Mar

69

Sep

25% Apr

7% May 31
4% Jun

10% Not

51

12

16% Mar 30

13

22% July

9

.

28

2

24% May

27%

Aug 29

48% Jan 27

9% Feb

^

112

293/4 Jun 13

,13% Dec

'

Aug 11
263/4 Jan 11

Oct

57%

27%

Feb

23

102

July

4:92

83 * Mar
«

Jun

series

Preferred

68% Jan 26

RR

14%

143/a

116%

6%

Supply Co
Western Maryland Ry com
4% non-cum 2nd pfd

143/g

5%

117

23%

1

Auto

Jun

May

Inc

Lines

Air

21

40%

preferred

14%

116%

pfd
series B
4.10% preferred series C
West Virginia Coal & Coke
West Va Pulp & Paper com_No par
4Va%
preferred
180
4.20%

Western

20

26

West Penn Power 4%%

14%

117

100
100
100
100
100
B

preferred
preferred

11

Feb

38% July

Dec

8

May 12

36% May

15

26

105% Aug

18

25% Not

i

2

*14

No par

A

Class

114

14

Inc

conv

West

21

Jun

y

21%

119%

113

14%

*16%

B

Wesson

*113% Apr

8

17

7,100

Oil & Snowdrift com—2.80

Webster Tobacco

84% Jan 24

3

B
1

18

West Penn Elec Co com

5% July 15
7

23% Jan

Co

Motor

Wayne Knitting Mills
Wayne Pump Co

15% Jan 25

14

14% Jan

7

27% Jan

July 13

16% Jun

19% July

13% Feb
104% Mar

14

16% Feb 10
113/4 Apr 21
3% Jan
3
xl9% Jun 13

Sep

30% Jan
6% May
34% Aug

Deo

13

Jun

Sept. 9
1948

Jan. 1 to

1949

767,595

1,138,615

Sept. 9
1948

53,729,549

38,171,462

Bonds

Domestic

43,000

855,000

3,650,000

$1,659,000

1,005,500

60,542,680

7,999,000

11,513,000

62,698,770
474,629,100

682,887.800

Foreign
Foreign

$9,658,000

$12,566,500

$538,582,870

$747,878,980

Total

$721,000

$653,000

government.

72,000

119,000

$24,654,000
7,155,000

corporate

20,000

14,000

1,190,000

1,320,000

$813,000

$786,000

$32,999,000

$44,601,COO

$36,599,000
-

6,682,000

Number 4837

Volume 170

-

*

.

^

Bond Record

4

•,

New York Stock Exchange

«»
FRIDAY

The

Italic

letters

In

the

column

{■ ■

■;

.1 -

headed

WEEKLY

-

"Interest

Period"

YEARLY

-

Indicate

Figures after decimal point represent

■>..

each

In

one

the

case

32d

more

or

of

a

month when

the

GOVERNMENT
Range Since Jan. 1
Lowest
Highest

Year 1948

Lowest

Highest

101.11 May

—

—

105.1

Sep

105.28 Mar

107.4

Sep

108.28 May

9

__

LOW AND HIGH BALE

—

—

—

—

—

—

102.23

Sep

9

Feb

—

14

Feb

3

104.9

101.7

Sep

101.11 Jan

101.19

Jun

Low

High

1949-1952

100.23

104 14

*104.12

104.14

110

*109 28

110

Treasury
Treasury

2%s

1951-1954

*103 12

103 14

*103.12

103.14

2%s

1956-1959

*111

1114

<-111

111.4

Treasury

2%s

1958-1963

»H2

112 4

*112

112.4

Treasury

2% s

.1960-1965

*113 16

113 20

*113.16

113.20

^Treasury 2%s

____1949-1953

*100.'l7

100.19

*100.16

100.18

*101.23

101 25

*101.23

101.25

*103 10

103 12

*103 10

103.12

*106 16

106 18

*106 16

106.18

•105 3

105.5

*105 6

105.8

*104 15

104 17

*104.18

104 20

*104 2

104 4

*104 4

104 6

*104

110.23Marll

1950-1952

2 y2s

:___1952-1954

2y2s

1956-1958

Treasury

Feb' 3

2V2s

Treasury
Treasury

102.31 Jan 14

2%s
2%s

1962-1967

-

'
A

102.1

Mar 11

104.6

Agu 10

Treasury

Jan

103.8

July 25

103.8

July 25

Apr

—

Treasury 2y2s
Treasury 2y2s

100.23

Sep

100.24 Sep

101.12 Feb

9

101.13 Jun 24

Treasury

100.16

Sep

101.12 Jun

103.2 Aug 2
101.28 Jun 30

EXCHANGE

EXCHANGE

Sep 1967-1972

CLOSED

100.23

100.28 Jun

14

Treasury 2%s

Dec 1967-1972

—

May

6

__

__

Jun

103

Aug

8

9

101.3

Jun

14

Oct

100.21

Oct

9

100.21 Feb

9

Sep

101.13 Mar

101.7

101.8

Jan 26

100.31

Sep

101.18 July

100.30

Sep

101.19 July

9

Oct

100.7

100.16

Apr

1956-1959

94.14

Jan

•Bid
2s

due

asked

and

price.

1949-51,

Sept.

sales

No

called

Sept.

10
5

101.18 Feb

*106.6

105 8

*105 6

105 8

103 2

*103 3

103 5

103 1

*103.2

103.4

106.10

*105.3
*103

105.5
103.2

*102.31

103.1

*105.3
*103
*102.31
*100
*100.11
*100.17

*100.11
*100.17

100.12
100.18

Sep 1950-1952

*100.30

100.31

*100.31

101

*100.30

100.31

Treasury

2s

1951-1953

-

-

:

l%s

due Dec.

101.24

*101.23

101.24

102

*101.29

101.31

102.6

*102.5

102.6

*102.4

102.5

102.15

*102.14

102.15

*102.13

102.14

*104.4

104.8

*104.2

104.6

*104.2

1C4.6

*100.17

100.18

*100.17

100.18

*100.17

100.18

*101.5

101.8

*101.5

101.8

*101.5

101.8

*101.4

*102.16

103";

*102.16

102.20

*10z.l6

103

'

'

•

*

•*'

_-1972

* '

'

.

___1957

RANGE

"

15

at

Sale Price

100;

2%s

1949-53,

due

called Dec.

Friday's

Bonds

Friday's

Low

Interest

New York Stock

Jan, 1

No.

High

6 Nils

B

Range Since

Sold

Exchange,

Last

or

Low

City

3%s Series No. 15

*

64

'■"rM

3%s Series No. 17

107%

J-D
J-D

*63%

64%

*64

65

'

3%s Series No. 19

J-D

3%s Series No. 20

J-D
J-D

63%

J-D

*63 %

J-D

*63%

3%a Series No. 26

J-D

*64

3%s Series No. 27

J-D

*63 %

64%

3%s Series No. 28

J-D

*63%

65

3%s Series No. 29

Foreign Securities

5

63%

J-D

J-D

*64

65

J-D

*63%

—

3%s Series No. 24

_

3%s Series No. 25

—_

;

.

3%* Series No. 30

Wertheim & Co.
Members

REctor 2-2300

120

New

York Stock

Teletype

Exchange

Broadway, New York

NY1-1693

lAChlle

(Colombia)—
1947

AGtd

1948

A-O

1968
1945

J-J

sink

fund

6s

Akershus

(King of Norway) 4s
iAAntioquia (Dept) coll 7s A

F-A

*61

lAExternal

s

f 7s series B

1945

j-j

lAExternal

s

f 7s series C

1945

J-J

lAExternal

s

f 7s series D

1945

J-J

«...

AExternal

s

AExternal

sec

AExternal

sec

1st series—

f 7s

37

46%

AExtl

46

37%

45%

A 6s

37 %

45

37%

45

*43%

45%

f 7s 3rd series—1957

A-O

—

*43%

46

—

104

J-J

1956

F-A

10-year 3V4s

1957

99%

106

99%

J-D

•90

20-year 3%s

1967

J-D

87%

87%

3%s

1966

J-D

88

88

88%

15-vear

33/8s

1962

F-A

external

s

f

exLl

s

f 6s„ 1955

7s

87%

1955

(U S of)

external 8s

J-D

1941

J-D

w—

85%
85

84%
115

8

112

120

72%

60%

9

72%

(Int reduced to 3.5%)
s

AChllean
A 7s

1978

A-O

53

53

1

45»/2

54

1957

A-O y

72%

72%

1

62

72%

1979

3-D

54 %

54%

54%

3

46

1957

A-O

72%

72%

72%

4

60%

1979
1952

A-O

52%

52%

3

43

54%

—

61

J-D

46%

53%

1979
(Plan B) —

7s

104%

107%

1960

29%

34

37%

35%
V

v:

37

f 6%s of 1926

AChlnese

(Hukuang Ry) 5s

1951

27%
'•

29

34%

''I;

36%

25%

2

36%

26

'.*!■

'v

41

26%

*35

28%

29

25

29 %

34%

261/4

37%

(Int reduced to 3.375%)
s f 6%s of 1927

#

(Int reduced to 3.375%)

(Central Ry)

Stamped pursuant to Plan A
(Int reduced to 3.5%)
8%

J-D

*72

—

—

•53

54%

A-O

•51%

52%

J-D

due

funding bonds of 1931

66

V5

—

*35

J-D
A-O
A-O

♦27%

Jf-N
Jf-N
M-S

29

'

26

*35

•

•

*35

*27%

--

34

37%
29

35%

27%
27 %

2

29

37%

26

——

27%

*4%

7

29

4%

—

55

72%

(Int reduced to 3-375%)
External $

bonds of 1944

3%s Series No.

1

J-D

3%s Series No. 2

3%s Series No. 4

i—

5

—

3%s Series No.

:-".v

r

'

65%

J-D

3%s Series No. 3

J-D

3%s Series No. 7

For Financial Institutions

FOREIGN

SECURITIES

3%s Series No. 9

69

59

65%

69

57%

69

80

*68

70

v";

*68

—

t

■

73

10

3%s Series No.

J-D
J-D

11

3%b Series No.

—

12

J-D

3%s Series No. 13

J-D

—

J-D

3%s Series No.

"i

-.

for

footnotes

14

see


http://fraser.stlouisfed.org/
"St.
Federal Reserve Bank of St. Louis

page

29

—

•«

73

*68

70

*63%

64%

60%

■

r

65

58

*63%

63%

*63%

64%

1

FOREIGN SECURITIES

^

SPECIALISTS

73

58%

>■

r.ARL MARKS & r.O- INC.

73

58%

*63%
~

73

62%

£

'

3%s Series No.

MARKETS

69

58%

-v.*.

*68

-v

57%

24

65%

y-

''y-:

20

65%

FIRM TRADING

71

3

*65%

V 1

J-D
J-D

,

65%

J-D

3%s Series No. 8

65%

62%

rnmm,

66

65%

J-D

42%

53%

65

59

65

55%

66

50 Broad

St., New York 4, N.

Telephone IIAnover 2-0050

36%

26%
35%

5

27%

-

29
:

26

-

8tamped pursuant to Plan A
r

37

34%

Stamped pursuant to Plan A
A 7s

29

26

v-

Stamped pursuant to Plan A
AExternal

29

25%

30

i

*27%

M-S
J-D

29%

35%

*27%

*35

37%

26

34%

1

27%

*35

26%

29

26%

ti-y

34%

27%

J-D

1960

25%

1

27%
:

•27%

3-D
J-D
J-D

1962

37%

•35

Jf-N

1961

28%

1

•35

Jf-N

1993
1957

37

25%
2

30

27%

1963

59

54%

72

1978
1951

Munlc

assented

104%

2

*35

A-O

1962

assented
Cons

1962

1961

assented

AGuaranteed sink fund 6s
A 6s

72%

—

Stamped pursuant to Plan A
AExternal

A 6s

102%

27%

M-S
M-S
A-O

1961

AGuaranteed sink fund 6s
.

17

35%

1961

fund 6%s

A8%s assented

93%

102 %

__

A Sinking

102%

34%

*27%

1957

Bank 6%s

Mortgage

1021/2

35

F-A

1963

bonds 2-3s

101%

100 %

—

F-A

J-J

101%

99%
4

-

A-O

J-J

63%

98%

99

*35

Sep 1961

assented
f $

A-O

Sep 1961

6s

A6%s assented

93%

4
:

••

s

A Chile

92%

34

117% U8

118

95%

27
'

87%

*109%
i

fABrazil

87%

J-J

97%

89

88%

20-year

(Kingom of)

90

17

92%.

Extl

M-N

64%
65

60%

—

100 %

♦27%

1960

65
.

58

'■

*35

Jan 1961

assented

A6s

M-N

Jan 1961

A68 assented

103%

J-J

1962

sinking fund

59

'

■'

105% 105%

1942

65

60%
'
•

*57

1960

AExternal sinking fund 6s

106

98%

153

93

92%

——

95

27

99%

102^

Feb 1961

AExternal sinking fund 6s
J-D

105%

102%

Feb 1961

6s

_

ARy external s f 6s
A 6s assented

50

——

10-year 3%s

Belgium

46%

*43%

—-

A-O

external 5s
1958
(Commonw'lth) 5s of *25-1955

46%

fund 6s

sinking fund

A 8s assented

*43%

A-O

(City)

Antwerp
Australia

AExtl

46%

37%

46%

*43%

1957

2d

62

93%

37%

*43%

——

~1

45

series—1957

7s

f

s

s

62

45

J-J

1942

assented

AExternal sinking
A 6s
assented

1960

1954

8s

37%

*93
— —

4s

External s f 7s

81

*61

Jf-S

71

70

(City)

(Rep)

|A7s

fAGtd sink fund 6s

of)

J-D
A-O

'

100,^

66

56%

*98% 100

F-A
100%

1950

3%s

A Carlsbad

Foreign Govt. & Municipal

"

1961

(Dominion

25-year

1958

70

57

'•j? •*

64%

*98%

Jf-B

.1957

(City) 8 f 58
Sinking fund gold 5s
Sinking fund gold 6s

Canada

Agricultural Mtge Bank

—

Brisbane

65

60
65

'

Telephone

65

65

55%

j

65

55%

*63%

3%s Series No. 23

65

58%
59%

*63 %

3%s Series No. 22

65%

60%

*63%

J-D

65

65%

56

*63%

3%s Series No. 21

65

60
58

*63%

3%s Series No. 18

104

105,9,r 106 Si

High

59%

2

64%

J-D

3%s Series No. 16

J-D

.1980

Corporate Stock

Jan. 1
Low

No.

High

64

J-D

Ran^e Since

Sold

Bid & Asked

Period

High

Transit Unification Issue—

3%

100;

15 at

Friday
Bonds

Bid & Asked
Low

*

101 8
*102.±6 1.02.20

FOR WEEK ENDED SEPTEMBER 9

Week's Range
or

—

*102.13 102.14.
*104.2
1C4.6
*100.17 100.18

.

IThe following Treasury bonds are being called for redemption: 3VaS due 1949-52, called Dec.
15, 1949-51, called Dec. 15 at 100.
a Odd
lot transaction,
r Registered
bond transaction.

Last

Period

*101.23

*101.30

for

10-year 2 Vis,
25-year 3s _J

this day.

2s

(

*100.30 100.31
*101.22 101.23
*101.29 101.31
*102 4
102.5

102

1950
Bank

t;

*102.14

1953-1955

v;

.

__

101.23

Dec 1952-1954

2s

c;

100.12
100.18

*102.5

Jun 1952-1954

Treasury
Treasury

—

*101.30

1

1951-1955'

___

V

^

105.5
103.2;
103.1

*101.22

Treasury 2s

9

*100

*100

.

*106.6,106.10

100.18

Friday

New York

106.10

100.13

—

Interest

New York Stock Exchange

*106.6

*100.17

101.2 July 14
102.16 Sep
2

at 100;

BONDS

102.27

106.10

*100.12

Treasury 2s
Treasury 2s

transacted

15

i ;

•

Reconstruction & Development

98.24 Jan
99.11 Jan

'

/-

100.18

—

98.30 May
99.30 May

103.7

*102.25

100.13

International

94.10 Jan

103 5

*103.5

*100.17

Jan 28

101.8

—

_

■>'

<

*

*100 12

—

—

101.18 Feb

DAY

Dec 1949-1951

—

—

*103 3

103.7

102.27

*105 6

LABOR

1952-1955

Mar 1950-1952

—

--

103 4

*102.25

»i0b.6

1951-1953

Treasury 2s

—

—

10^.26 May

Dec

—

*103.21
*102.31
*105.31
*102.31
*103.5
*102.24

*103.21 103.23
*102.31 103.1
*105.31 106.1
*102.31 103.1
*103.5.103.7
*102.24 102.26

^Treasury 2s
JTreasury 2s
Treasury 2s

~

_

--

106.4

*100

20

100.17 Feb

—

103.5

*106.2

Sep 1949-1951

102.30 Feb
100.13 Jan

Feb

_

103.26

*103.3

106.5

*103

May

100.2

100.21 Feb

*103.24

103 4

*102 31

100.4

Mar

—

103.25

*103.5

CLOSED

Dec 1959-1962

102.13 July

Mar

100

—

*103.24 103.26

'Jun 1953-1962

101.14-Sep

103.23
103.1
106.1
103.1
103.7
102.26

*103.29 103.31

103.29

Treasury 2 y4s

—

100

100.31

1966-1971

104.2

*103.27

Treasury. 2 %s
Treasury 2 Vis

—

—

100.21

>

105.4 Aug 10
102.10 July 6

—,

—

9

1965-1970

r

*103*30 104'

"

k

__1954-1956

—

—

—

»

Treasury 2 %s
Treasury 2%s
Treasury 2V4S

—

—

'

,

Dec 1964-1969

103.27

*103 2

STOCK

Jun 1967-1972

102.26 May

Treasury 2y2s
Treasury 2 y2s
Treasury 2 %s

STOCK

Oct

101.7 Feb
100.18 Jan
U.

7

100.7

__1963-1968

Jun 1964-1969

*101.23
*103.9
*106.13
*105.3
*104.15
*104.2
*103.29
*103.24

*106 3

Jun

100.25

100.26

2y2s

112.2
113.17
100.18

*103 23

'

<

101.19

100.27

101.25
103.11
106.15
105.5
104.17
104.4
103.31
103.26

109.30
103.14
111.2
*112
112.4
*113.14 113.18
*100.16 100.18

*103.25

<'■

f

Jan

—

100 24

*103 2

.

100.23

<

100.23
104.14

*101.23 101.25
*103.9
103.11
*106.13 106.15
*105.3
105.5
*104.15 104.17
*104.2
104.4

-

104.9

*100.21
*104.12
*109.26
*103.12
*110.30

100.23
104.14
109.30
103.14
111.2

*100.21
*104.12
*109.26
*103.12
*110.30
*111.30
*113.13
*100.16

*100 21

*104 12

*109 28

*100 22

gales for
the Week
Bonds <*)

Friday

Sept. J)
Low. High

1951-1955

100.24 Mar

102.26 May
100.7
Oct

High

Low

1955-1960

__

__

High

3s

Treasury

102.31 Jan

Sep

„

Low

2%s

—

102.23

Sept. 6

PRICES

Thursday
Sept. 8
Low
High

Wednesday
Sept. 7
Low
High

Tuesday

Sept. 5

Treasury

_

•

Monday

Sept. 3

Treasury

—

102.22

Saturday

STOCK

^Treasury 3%s

108.13 Jan 36
—

110.23 Mar 11

—

Dec

101.11 May

—

—

—

101.18

BONDS

YORK

EXCHANGE

_

108.13 Jan 26

—

NEW

bonds mature.

point.

•

Range for Previous

25

(1001)

THE COMMERCIAL & FINANCIAL CHRONICLE

Y.

Teletype NY 1-971

7%

26

(1002)

i

YORK

NEW

RANGE

Friday
BONDS

Interest

New York Stock

Period

Exchange

&

COMMERCIAL

THE

FINANCIAL CHRONICLE

or

Oct J 961

of 1927

A-O

Jan 1961

external

f

bonds

$

H_.

"77

J-J
A-O

IA Colombia
Mtge Bank 6%s
1947
8 A Sinking fund 7s of 1926_._..,1946

A-O

"47

M-N
F-A

"47

SASInking fund 7s of
Copenhagen (City) 5s

1927

1947
1952

Czechoslovakia

m-N

1977

(Rep of) 7s
(Republic of) 4%s extl.

M-N

1951

Rica

J-D

1953

25-year gold 4%s
ACosta
Cuba

j-d

(Int

47%
47

80%

19

68%

A6s extl

18

63%

11

12%

17

108% 108 %

2

104 ya

"47

secured
series

ASllesia

113%

External

gold

5%s

1955

F-A

4y2s

89%

88%

89%.

31

74%

90%

gold

1962

A-O'

80

79%

80%

38.

64%

extl

3%s
3s

extl

extl

AEstonia
French
Greek
-A 7s

s

f

f

s

(Republic of)

7s—

paid,.
paid.

part

Irish Free State

?,■

Italian

'

■

,

>

'

1

■

1977

J-J

"8%

TkH''

HH:- "7M

36%

31%

100%

32%

1952

32%

52%
14 •',

fund

6$>_—___„_1964

bond

of

1954

F-A

1984

J-J

"5
"6

1952

Southern

3y4s

1967

M-N

1st

3%s

1972

J-J

A 4

%s

small

40%

American

ASmall

Mexico

debs

1956

of

A

J-D

M-S

Small

——HI—II—
1922 agreelll945

Asmaii
A5s

"~~

New

ass'td

(1942 agree

of

99%

99% 100%

222

100% 100%

44%

j7Il933

4%

—

~5

3s

(assented

ASmall

"9%

*9%

11

"3%

11%

"7%
7%

11

—

ASmall

^

j-d

*4%

J-J

1922

6%

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San Paulo

(Republic of)—
»A 6s of 1928

Week's Range

Friday
Bonds

Friday's

Bid & Asked

Colombia
A 6s

SEPTEMBER 9

Week's Range

Last

Sale Price

Low

3s

RECORD

BOND

WEEK ENDED

FOR

Monday, September 12, 1949

4%s ser B

Illinois

Light

3%s

61

61 %

*63
43

42%

*108%

61 '/a
64

43
—

5
—

—

35
...

64
40
108

72
52

108%

Number 4837

170

Volume

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

(1003)

27

NEW YORK BOND RECORD
RANGE

Friday
BONDS

Interest

■VI-NewYork Stock Exchange

Last

Period

■

FOR

WEEK

ENDED

SEPTEMBER

Friday's

or

.

Sale Price

Frldny
Bonds

Bid & Asked
Low

Range Since

Sold

High

BONDS"

'

Jan. 1

Low

No.'

High

A

of N J

5s

gold 5s

1987

AOenerai 4s
A 4s

registered

Central; New
Central
1st &

J-J

1987

York

Pacific

Q-J

1987

registered

J-J

1987

gen

Power

ref 3 VzS ser A

55%

J-J

130 Vo

i02 %

*

M-N

1996

1973

J-D

imp M 3%s series H
1st

consol

2d

gold 4s

cons

gold

v

2

49%

49%

102Vi

105 %

1989

1st

7

122%

12

97

,103%

10:

97

103 %

104% 105%

104%:

44

104%

*122V/2 125

1st &

ref mtge 3 Vis

1st

ref mtge 27/8s

&

Lu

F-A

1985

B

F-A

F-a

110%

107%

inc

mtge

99

1997

J-J

34%

mtge 3%s ser B
Chicago & Erie 1st gold 5s

1985

Af-N

68

1982

Af-N

Chicago Gt West 1st 4s series A

1988

J-J

mtge 4Vis
Jan 12038
Chicago Ind & Louisville Ry—
A 1st
mtge 4s inc ser A
Jan 1983

J-J

1st

AGen

inc

A2d mtge 4Vis inc ser A

*

109%

111%

1

109

111'A

1st cons

98%

101%

mtge 3 Vis ser E

94%

99 "

mtge

5

^Vis

1st

cons
cons

32%

46 %

12

68

75

Chicago Indiana & Southern
Chic Milw St
1st

Paul

&

Pac

4s

r

Gen

mtge
conv

5s

'

'

*35"

*

J-J

102%

>1965

os

110%

112%

*

*105%

A-O

105%

101%

104Vi

*102

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105

__

106 y4

*101

Gen

mtge

cons

Ohio

4Vis ser A

inc

3%s

mtge

G

set*

mtge 2s ser H

Div

1st

~

1971

59%

•"

57

*—

99%

80

82 Vi

89%

79%

2

82%

82%

72

95%

36

60 Vi
102

*98

J-J
MS
M-S

1953

;

59%

J-J

2000

3'As

mtge

J-J
A-O

Jan 2013

F

ser

87 Va

99
*101

99

102

105%

102

87

77%

49%

45%

65%

36%

33

51

98%

*8734

81%

94%

J-J

97%

97%

7

Apr

51 %

51. V,

5?%

28

48%

Jan 12044

Apr

42%'

42 Ve

42%

16

38 3A

46%

46

47%

101

46%

59%

87

87

7

86%

91%

96

1959

Ai

A 1st & ref 5s'series
A

Certificates* of

103% 103%

102%

104%

103 % 103Vi

101%

103%

r"M-S

48

48

104

—1956

65 %

45%

104

•

45%

" "M-S

deposit

Sugar coll trust 6s:

103%

103%
103 Vi

7'Jf-N
"'"J-D

1974

1961

3sdebs_;

& Rub

^Florida East Coast 1st 4Vis
>?■

Francisco

V

*147

1965

1st

stamped

Firestone Tire
'

49%

100

120%

75

56%

1

A__Jan 1 2019

ser

B

ser

75

59%

1994

4Vis inc
inc

118

"2

75

59%
*48 y4

J-J

1956

El Paso & Southwestern

RR—

mtge 4s ser A

4Vis

*120%
75

89%

100%

46

*110%

J-J
If-8

1990

23
.

59%

„

5

102% 102%

M-N

1964

1st

2
,

68

.

102%

87%

97%

36

49%

49%

49 Vi

71

1053A

Erie Railroad Co—

24%

:68

i'

1970

113%

__

93

34

J-J

Jan 2003

1950

125

33

103%

100% 100%
—

88%
100Vi

100

100 Vi

73%

647A
96%

100%

*87%

M-S
J-J

19951

(NY) 1st cops gold 5s
Elgin Joliet & Eastern Ry 3%s

■

5s

conv

East Tenn Va & Ga Div 1st 5s;
Ed El 111

109%

—

110%'111
a

■

7

"J-J
F-A

1977

118

—

Chicago & Eastern 111 RR—
AGen

-

1961

1st

*113%

'

—

J-J

1977

1970

series

debs

100

High

65

1

130%

102 y8102 %

"

4Vis

2.35s

Low

101 %

100

130 % 130 y8

''

J-J

1958

ref

&

Chenllcal

68

Jan. 1

No.

67

J-D
-~Af-N

1995
Detroit Term &?-Tunnel 4Vis„-____1961
Det Tol & Ironton RR 2%s; ser B__1976

Range Since

Sold

High

68

J-D

1993

Duquesne Light Co 2%s

Chicago Burlington & Quincy RR—
General 4s

Low

V •«

.

Detroit & Mack 1st lien gold 4s
ASecond gold 4s

Dow

Bid & Asked

105'A

,

102 y2102%

J-J

1989

4s__-

103

102 Vi 102%

F-A

Div

/"

70>

99% ,102

M-S

1996

A

-48-A

*104% 105

1965

series E

&

44

lUbVi" 10 J Vi

—

1992

series D

R

56

-

105 Vi"

F-A

Ref

Ref &

78

F-A
<

Ref & Impt M 3 Vis

impt M 3Vis

78%

49 Va

■■

.

Bonds

Friday's

or

Sale Price

Period

tSADul SO Shore & Atl gold 5s_„^1937

1968

&

49%

■

a-O

1974

Champion Paper & Finre deb 3s
Chesapeake & Ohio Ry—
General goldv4%s
-

19 t

24

Vi

,

mtge 3%s ser B

1st

61

61

."

Q-J

■

1974

3s

Ry Co—

55 Vi

61

60Vi

v

—

'■■■:'>'■ '

i

Week's Range

Last

Interest

New York Stock Exchange
■

A Central

y

Week's Range

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59

104%

102%

65

54

<

Chicago & North Western Ry—
2nd

mtge conv inc 4Vis

1st

Jan 11999

mtge 3s ser B

Apr

1989

J-J

■—

;

Chicago Rock Island & Pacific Ry—

Chicago St L & New Orleans

5s

Chic Terre Haufc.
J'

ref

&

Income

107% 107%

Apr

91%

91%

•

J-D

1951

.

J-D

1951

J-D

Memphis Div 1st gold 4s
1st

J-J

1951

Gold 3 Vis

12

91%

106

16

107%

88%

98%

102%

*102% 104

103%

'

*100%

101%

--

102

J-J

1994

jr-j

"

.

F

' \

/-

•

•

■

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Cin Chic

St

5s

Ref

&

Cin

Wab

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ser

2%s

ser

mtge

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ser

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10

J -J

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2

1962

M-S
~.

v

__

...

*104

•/

1975

A-O

1973

j.j

102%

„1969

series

J-D

,^04 Vi

1961

4s

Cleveland

1970

1950

Union

gtd 4 Vis

Fuel

&

Iron

3Vis

Gas

&

Gas

96

79

83%

65%

77%

87%

1970

'

104% 107%

Hudson

Coal

.1962

J-D

107 Vi

Hudson

&

107

107

J-J
-

"2

106%

*105

j-d

104%

AAdj
-

A-O
A-O

106%

*97 Vi 100

106% 107 Vi

96

a-O

105 Vi

105

A-O

103

102% 103

Jf-N

105%

104%
102

106%

98%

103%

45%

45%

12

39%

50%

1964

A-O

M-S

100%

*98

98

100

104%

104% 104%

101% 104%

23

28%

102'a 102%

58

106

106

1978

J-D

101

103

101%

101% 101%

101%

103

104%

103 %

105%

1951

Jf-S

1952

A-O

1955

U-N

*100

J-J

*100%

4s_I.

106

106%

*__

A-O

mtge 2%s ser A

103Vi

100%

Af-S

100% 100%

27

Omaha

1951

F-A

St Louis Div & Term gold 3s

1951

J-J

-^.1951
1951

J-J

*101

J-J

*100

-

Div

gold

1st

102%

105%

1st

&

105%

1st

ref

373

105%

112

Illinois

101%

103%

Indiana 111 & Iowa

100%

104'A

112

110% 112

1968

A-O

*

103%

1975

M-S

debs

1965

J-J

mtge 3 Vis

1966

M-N

*94

96

93%

95%

1942

J-D

*42%

43%

47

52

j-d

30 Vi

30%

27

J-J

81

81

J-J

28

28

30%

§ A Deposit receipts
1952

receipts

104 Vi'

103% 104%

84

*102 Vi

1946

J-D

1946

J-D

.1975

A-O

1978

J-J

*106

1978

30%

99

102

and

■

Chic St

1st ref

N

1963

J-D

1063

J-D

92%

1963

J-D

Great

A

1970
1950

1986

91

*100

,

*90

A

Adjustment-6s series A___ July 1952

79

81

A 1st

5s

25%

30%

A 1st

gold

30'A

29

35

30

35

A

mortgage 3s

1st

mtge 3s series A

Dayton

Union

& Co

Deere

3%s

Ry

N

Lack

Lack

Y

1st

ref

&

AIncome
Morris

A-O

74%
24

Coll

1st

5s

Essex

Power

&

&

mtge

*105%

J-D

*102

A-O

1963

Jf-N

92

29

ser

C

1973

1993

-ii

Jf-N

Jf-N

.

*78

49%

49%

Light

3s

Jf-N

1973

3%s
tr 27/8s-_,

tr

Denver & Rio Grande

1977

80

73%

87%

49%

48

68%

1979

56 »A

A-O

56%

56%

12

52%

*105%

;

J-J

69%

103

__

105%

106

J-D

.

106

*103% 104%

West RR—

mtge ser-A (3% fixed
1% contingent int)

1944
1972

l-O

63%

62%

63%

U-N

97

97

97

j-d

*65'A

if-a

101% 102

Denver

&

1%

Salt Lake

Gen

&

ref 3s

Gen

&

ref

conv

71%
71

97

66%'

100 '

64%

3

77
102

96%

J-J

917%

91%

92'%

87

92%

Apr

60 %

59%

60%

58

65%

1993

J-J

1966

M-S

1970

J-D

14

l-O

:

:

j-d

j-d

J

105-

100%

103

12

102%

104%

104% 105

100 hi

3

A-O

.1961
1997
—1964AV
195®

*102%
*114%
*30

j-j

—

102%
114%

98 '

100%

35

*98

99

II

179

179

108

108

j-j
j-j

104%

114%

„

*97

j-j

105%

99%

99%

■

J-J

II

a-o

101%

103%

16

*103% 105

J-D

■

96

85

2

11

100.V2 100SS

100JI

A-O

85

102% 103
104% 104%

,

__

A-O

——1961

unguaranteed —.;—;
Kings County El L & P 6s
Koppers Co 1st"mtge 3s_;
lAKreuger & Toll 5s ctfs

85

85

102%

180

173

104% 104%

a-o

jf-a

■„

MS

119'A

;•

101%

105

1%

%

2

*1

—

mtge

Detroit Edison 3%s series

3s

1993

2018

(3%
fixed
contingent int)

Income

60%

17

K
gold 4s—1990,
Kansas City PoV/er & Light 2%s__1976
1st mortgage 2%s
t
1978
Kansas City Southern Ry 1st 3s„1950
1st mtge 4s ser A
1975
1st mtge 3%s series B_i_——:—1968 '
Kansas City Terminal Ry 2%s
.1974
Kentucky Central gold 4s
___.1987:
Kentucky & Indiana Term 4%s—1961
.Stamped
—:—.—:1961
Kanawha & Mich 1st gtd

4%s

(4%%

mtge ser A
contingent int)

Central Pow & Lt 2%s— .1978

Jersey

Plain

1st

AIncome

71%

*60

102

Co—

May 12042

coll

91%

101% 103'A
90%
96%

6

division

&

coll

91%

26 y4

53%

J-J

104%

102

__

105%

104

__

103% 103%

102%

div

4-6s

Tr

mtge

1st

M

RR

J-D

98%
102%

__

76%

71

J-J

SAInternat Hydro-Elec deb 6s
Int Rys Cent Amer 1st 5s B

;

20'A
53%

14

1956

i

C—

59

8

70.

Jamestown Frank! & Clear 1st 4s. .1959

102%
-

1965

r*tge due

&

Delaware

West

&

& Western

102

1965

B

ser

2%s debs___

Delaware & Hudson 4s extended

Delaware

102

100%

93

74%

•

D
Dayton Pr & Lt 1st mtge 2%s

100%

98%

101

1956

B

91

14

23%

74 %

J-J

1952

series

87

78

*69

5s

99%
93%

86

86

RR—

36

series

101%

92%

9

93

91

91

J-D

Northern

31

*29

92

J-J

ser

1st

series

103

66

98%

*84

J-J

gold 4s

4s

1st

A

6s

96%

97%

Ry

Ar;

102

101%

101%
100

:

O—

4s ser D

Terminal

^International

&

100%
101%

101%

*100%

series C.__:

vet 4 Vis

mtge

L

103

100%
100%

100

*102

series A

5s

99%

10

99%

*99%

F-A

1951

Indianapolis Union Ry Co—
Ref & Imp 2%s ser C

J-D

111 Cent

99%

99£

F-A

102%

105

99

Registered'

100%

*101% 102'A

J-J

3%s

6

1963

§A6s series B deposit receipts

3%s

Springfield

2

105% 105%

rets

3s.

105

105 Vi

ACuba RR 1st 5s gold

gold

Joint

M-N

1st 5 Vis

Gold

1st

102

J-J

1st mtge 2%s

Div

j

1979

88%

103%
100%

104 %

98%

1972

107%

77

104%

94%

&

104%

41

100

3

1st

10

84%

83%

83%

*100% 104%

28

98%
102

103

104% 104%

104%

*102%

1st

Div

101% 102

J-D

101%

100%

J-D

Bridge goid 4s__!

Litchfield

101%

A-O

2%s

U-N

96

1972

100
13

101% 101 %

F-A

.1966

70

*35

M -N

1953

Refunding 5s'

4

1977

debentures

%s.__^_____„-1952,

99

1st

D

3

Western Lines 1st gold 4s

1982

ref mtge 2%s ser B
& ref mtge 2%s ser C

mtge 3s ser E

lines

trust'gold 4s___

—

J-J

107%

York—

&

-

—

1950
gold 3s
1951
Louisville Div & Term gold 3%s_1953

104 %

106

1

104

106%

101%

*101

*101%

106%

105% 105 Vi

F-A

1965

16

102%

97

102%

15

106

102%

101

1st

67%

RR—

Debenture 4%'s

106% 107 Vi

F-A

__1961

New

A.—1981

/•J

Cairo

3 Vis

§A7Vis series A deposit

55 >
19'A

91%

A-O

108

106

§ A Deposit

81

335

J-J

106

Ry

61%

28%

90%

1951

*106

f 3%s A

Northern

96

60%
27

91

1951

*108

106%

§ A Cuba

79

61
27

1951

F-A

3s

17

f-a

gold 3%s—
1st gold 3s sterling—
Collateral trust gold 4s

M-S

104

1st

100

a-o

1st

Extended

1951

Baking

:

4s—

1970

103%

Crucible Steel

127

95V

5

.1957

1st 5s A

3%s

3%s

101%

Continental

Central

1st extl 4s

19

*102

Consumers Power

'.

100

■;•

99%

121V*

'

100

96%

5

99%" 99'%
*127%

gold

Collateral

Gas

"

gold

Purchased

Natural

99%

j-j

1st

101%

105% 105 Vi

*104Vi 105

Consolidated

101

103%

__Feb 1957

f 5s series A

s

Illinois Bell Telep 2%s series
1st mtge 3s series B—:

Refunding

J-D

conv

103 %

108

11
27

105%

3s series

99

95%
103

—

101%

12

J-J

3s

1st

Manhattan

income 5s

if-a
v

ioi% 101%

F-A

A-O

ref

'

61

—

99%

*103% 104'A

j-j

1951

1st & ref

*93

J-J

82%

100%

of

48'A

29

"

74

101 %

95%

H

103%

Edison

1969

:

*77

1999

& ref

*104

M-N

1978

1st

*99

A-O

101%

60

57'A

1st

debentures

1st

Af-N

.1999

*102

Consolidated

J-J

1976

Hocking Valley Ry 1st 4'As
Household Finance Corp 2%s

Illinois

Ry & L 1st & ref 4Vis
s

103 Va

100%
97

80

57

57'A

1968

2%s___

Hackensack Water 1st mtge 2%s__ 1976

A-O

Cigar Corp

M

-

100 '

*99

Apr

62 V2

3s

Conn River Pwr

A-O
;

68%

Af-S

Consolidated

11

1978

1st

10%

7

99%

99%

50

1977

f

Util

70%

62%

■"e

*69%

54%

22

1st mtge 3s series L
1st mtge 3s series N
s

States

94% Jr 98 ;

102'A 102%

102%.

J-J

57%

Commonwealth Edison Co—

Conn

1969

1st mortgage 3s
3s debentures

20

"9%

*7%

J-J
_

60 Vi

Corp—

El

Dl

sens

Collateral trust 3%s_____
Gulf

1974
Ohio

July 2015

inc .4s ser B-_^.___Jan 2044

1973

Sou

1975

A

991

lgso

debentures

Toledo

B__

ser

59

1971

Columbus &

Series

inc 5s

ref 3%s

97%

97%

75

<

86%

System, Inc—

Columbus &
.

4s

mtge

RR—

*54

1973

debentures

3s

"5

84

1977

.

Electric

ref

Ohio

91»A
8oy2

"3

*64

A-O

95%

86%

80%

80%

Feb

98

92%

92

*91

Feb

1959

118 y*

96%

Co—

debentures

3 Vis

102%

Corp—

1st mtge & coll tr 4s

Columbia

83 %

*__

59%

1972

Terminals

(stamped modified)

Columbia

111

deb ctfs A

J-J

1961

mtge 5 Vis series A1st mtge 5s series B
1st mtge 4 Vis series C
Colorado & Southern Ry—
4Vis

83%

J-D

1990

1st

Colorado

102%

92

*72

J-J
*

1982

Series D 3 Vis gtd
Short Line 1st

Gulf Mobile &

1st &

99

4

__

J-J

B

98

*95

J-J

1961

97%

98

J-J

R_

West
ctfs

1982
;___„2010

Greyhound Corp 3s debs_"

Gen

Pittsburgh RR—

Cleve

Bay &

Debentures

103

106%

—

102 % 102%
*94

J-D

1991

1st mortgage 3s
&

A

1st &

100
102 Vi

*110%
102%

J-D

1977

1st

St Louis Div 1st coll trust 4s
Cleveland Electric Ilium 3s

Cleveland

AGreen

P

124

93

Ry—
,1993

Div

104%

101% 106%

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f-A

B

Mich

103 %

102 Vi

102% 102%

F-A

1974
1966

Louis

106%

101

5

Gen mtge

impt 4Vis series E
&

J-J

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IIOV2

120
116

v

J-J

mtge

103

gold 4s

General

1990
2000

Gen

105% 105%

1993

&

General

N
O

72%

Cincinnati Union Terminal—
mtge gtd 3%s series E

117% 118

ser

107%

5

123% 123%

118

ser

80

1952

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City Ice & Fuel 2%s debs
City Investing Co 4s debs

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3%s

87

15

J-J

3%s

103'A

7

J-J

-

mtge

99%

12

-

1976

82

10

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.1952

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65

J -J

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>.

,

D

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■■1:1::

86

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1963

*

B

series

75 Vi

* 70 Vi

1963

Cine Gas & Elec 1st mtge 23/4S
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4Vis

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series

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66

:

—

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General

86

M-S

-

Gen

<.1994

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■:
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Goodrich (B F) Co 1st nitge 2%s^l963
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i:-

.

1st mtge 4s series A
1994
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G

series II

2%s series

—1958

debentures

for footnotes

see




Dage

J

1982

I

29.

.

80 7A

80%

4

110%

77%

82

108

7

107%

110

105

106%

7

104%

106%

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101% 101%

M-S
J-D

80%
108

106%

19

98%

101%

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109% 110%

35

•

105%

110%

1st

&

debs__1963

RR Terminal—

.

mtge st 3%s ser A——1968

j-d

118% 119%

55

107% 119%

.28

(1004)

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

Monday, September 12, 1949

NEW YORK BOND RECORD
RANGE

Friday
Interes!

BONDS

New York Stock Exchange

or

SalePriea

Lauiaro
A 1st

Nitrate

19F7

&

Bonds

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High

89%

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1971

i

94

94

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—

81

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i

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54

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56

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1954

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1961

1982

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1988
RR
gtd 1st 4s
1986
New Jersey Power
& Light
3sH~~1974

N J Junction

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1983
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1252
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1954
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Certificates

A

A

series

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A 1st

A

5s

of

Certificates
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of

series

ACertlflcates

of

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1993

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Mtge

Mtge
Por

4s

4s

v

if-a

,

j-J

series

series

footnote

■' .•'«*

107

1960

A-O

Pacific Gas A Electric Co—
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106%

101

101

101

105

105

105%




20

103%

105%

106

106%

10

102%

105%

105% 105%

2

102 %

105%

L.

.1974

J-D

104% 105%

19

101%

1st A ref 3s series M.
1st A ref 3s series N_

105%

.1979

J-D

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101%

105%

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A

ref

series

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1971

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%

107

1982

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series

4s

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1932

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61

65

67

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104

J-D

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~

M-N

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1960
Pennsylvania Power A Light Co—
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f

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104%

52

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5s

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series

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113%

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—1966

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98

79

95%

1961

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101%

142

96%

1981

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89

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89

37

85%

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1914

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9

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29

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1963

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series

D_

series

H

3 Vis

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1982

series

4 Vis

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__

69%

104%

103% 104%

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1960

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102

RR—

sinking fund 4%i_

General

A-O

102%

100%

—

Pennsylvania Co—
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105

1983

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debentures

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101%

1983

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S

ser

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A

1981

1980

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F

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100

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50

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56%
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101
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1962

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1974

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Potomac Elec Pwr 1st mtge 3V48
1st mortgage 3V»s

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——

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1966

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1977

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100

100

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mortgage 3s

1983

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95

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4%s series D_

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95

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16

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1957

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1953

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1974

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1977

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95

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100%

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1974

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a-o

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2013

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—

1992

/

14%
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102

r-A

series B__1975

A

107

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—

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ser

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•

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—

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1979

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1973

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1973

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.

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u

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of

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1943

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•

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National Steel Corp 1st
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Gen

r-A

1979

New

101%

98%
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Conv

■

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3s

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5

5
mr*.

M-S

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MS

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adjust 5s series A

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1967

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A

u-m

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78%

(Minn)

61

102% 102%

j-j

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♦Missouri Pacific RR Co—
A

102%

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Missourl-Kansas-Texas

A

6

55

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5s

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3

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:'

j-j

I2fl2

,rA2en mtge 48 lnc Ber A
Mo Kansas & Texas 1st
4s
4s

'l

88%

86%

87%

M-M

u-m

debentures

lien

1

88

M-N

MS

IJAMldland of N j ibt ext 58
Minnesota Mining & Mfg 2%s

40-year

J-D

1972

A

q-j

130%

111

58

93%

100%

85

128
.

78

109 %

1

72

1
2
■

58

100

97%
92%

107%

65

lgflt

1st mtge 3%s

Prior

65

1852

Michigan Cons Gas 1st mtge 3Vis.l969

lien

V.''

..

4Vis series C

ser

77

113

J-J

Northern

10

102% 102%

105 %
109 %

Q-A

1st

Jack Lans 8c
Sag 3Vis
1st gold 3 Vis

Prior

102%

101 %

108 %

'

Manila

1st mtge 4Vis inc

1

—

Q-J

.Jan 1

Northwestern Bell Telephone—
3 Vis debentures

M-M

1960

75

101%
I0o%

impt 4Vis serin* A._~...2u47

84

38

93

62 %

97%

—

107%

M-M

1997

22

103'/a

130% 130 %
*111

'

lien

-

1172

1st

Paul 8c Sault

2

77

46%
35

14

Ref

—

M

St

130%

1974

4s

registered

1st

Minn

77

A-O

u-a

1997

33

10

105% 105 %

A-O

107%

28

62%

*106

1974

13

■hr —

101% 101 %

j-j

I,•,

36%

98%

104%

*106'% 107 %

1962

63 %

96
4

18

62%

5

50

35

j-j

1st gold 4S.1996

5

99%

36%

r-A

1981

56

11%

101%

A

(Wise)

f

98 %

Ref

Ref A

2003

s

32

*12

u-m

1982

registered

General

105

108%

—

—

1980

mtge

2%

Pacific Railway—

lien

4s

3s

102 Vb

104

p

RR—

195B

3%s

6%

55 %

W-A

1973

D

»**>

Western Ry
ret

Prior

50%

104% 104%

*

-

H

1st

101%

14
22

00

r-A

1940

Central gen A ref 5s

Northern

26%

104% 105
•

2d gold 3s
Cine Dlv 4s.

impt

58

CO

3va

us

5s

1st

atiefl: ""er

Northern

103

——

:

106% 106%

A-O

MS

-197«

V-—>

A-O

&

103%

101% 102

101 % 1017/8

1st mtge 2%s—1973

Niagara Palls Power 3Vis
Norfolk Southern Ry co—

106%

"

A-O

Ref

69%
48%

2%

Y Telephone 2%s ser
Ref mtge 3Vis ser E
Ref mtge 3s series F

103

1

•100

-2003

3Vis

56

33%

8%

j-d

'

.1966

Macy (R H) <k Co 2%s debs
Maine Central RR 4Vis ser A

84
86

'

a-o

—2003

&

32

2

71%

3%«

Louis Dlv

29%

32%

jATerminal
N

Norfolk A

71%

3%s series f.

St

-27

25

31%

60

38%

j-j

49%

30

28%

*33

—

•

102

us

4 Vis

51%

81

587/«

"99

gold

72%

71

—

105% 105%

gold

High

62%

37%

:

j-j

8 A 2d

2%6 series G

Atl Knox

59%
38%

j-j

5 A General

28

A-O

1963

ser

J-J

May

1963

46%

Jan. 1
Low

10

74%

1277

42%

Range Since

Sold

No.

70

IN Y Susquehanna A Western RR—
SA 1st refunding 5s
1937

32

''mi «*'

70

A-O

31

40

Bonds

High

1293

5

M

M

41%

30

Friday's

*73%

1953

& Putnam 1st cone gtd 4s
N Y State Elec A Gas 2%s
N Y Steam Corp 1st 3Vis

2

1st

ref

Mnfl
A.2022

ser

N Y

24

1st & ref M
&

jr-M
M-U

tAN Y Ont A West ref 4s—Jane 1292

34 %

*30%

K)

1951

mtge 3s

Louisville & Nashville

70%

72%

30

87

*58

—,

1952

3%s_—.

txGeneral 4s
N Y Power A Light

60

—

or

Bid & Asked

Chester—

£

36%

*54%
—'

1982

Loriliard (P) Co deb 5s
3s debentures
&

Port

93

36%

40%

,

2—2003

Miami gen 4s series A
Lombard Electric 7s series A

Gas

A

56%

3

;

34%

51%

,;

Vi,

.

Week's Range

Last

8ale Price

xw.

A

ser

lnc 4 Vis

conv

River

96%

'

75%

34%

.2003

i

Little

1st &

4s

mige

nuge

36%

.j,

Lehigh Valley Terminal Ry ext Os.1951
Lexington & Eastern Ry 1st 5s
1983
Liggett & Myers Tobacco 5s
1951

Louisville

ref

36%

36%

2003

A4s series D wi

w

34%

M-N

2003
2003

A4Vis series E wi
series F

A

101%

'

67% '

34%

M-M

cons mtge 4s ser A
Vis series B w i

1st

65 %

M-N

A 5s

1st

Hariem

78

77

*67%

—

M-N

stamped

5s

a

67%

j-j

2003

Gen
4

94

97

naruuru

o*

72

83%

'

^

*72%

stamped modified..

8

uttveu

98

c
^

2003

4Vis registered
5s

♦99s/a
.

registered

4s

x

91%

3

1273
1973

4%s series B

Jf-N

1

stamped
stamped
stamped

5s

N Y Lack & West 4s series A

88

10

Lehigh Valley Coal Co—
5s

96 Vi

90 Vi

nGen

A-O

Period

low

Navigation Co—
.1970

Exchange

High,

74%

8

90

Interest

New York Stock

A

S i» mtge 3 Vis ser A

«)

BONDS

Jan. 1

No.

89%

♦83

Range Since

Sold

Ltd—

Co

mtge income reg

Lehigh Coal

J-D

1997

SEPTEMBER

Friday

Friday's

Bid A Asked

Low

Lake Sh & Mich Sou gold 3%s
3%b registered

ENDED

Week's Range

Last

Period

WEEK

FOR

99%

10

99%

99%

Volume

Number 4837

170

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

(1005)

NEW YORK BOND RECORD

Interest

BONDS

Feriod

New York Stock Exchange

WEEK

FOR

RANGE

Friday

ENDED

Last

or

Sale Price

.1963

Jan. 1

Low

No.

High

1st &

ref

mtge 3V»s_

1st

&

ref

mtge 3s.

1st

&

ref

—19b0

105

105%
1083/8 108%

J-J

.2037

J-J

"148Vi

.2037

mtge -SsL.

J-D

107%

2

Y

'"217

104

&

ref

mtge

3s__

1972

Af-N

1061/4 106%

&

ref

mtge

2%s.

1979

J-D

104

Quaker Oats 2%s deb.

.1964

7

104 »/a

25

RR of

Orleans 3%s__1974

New

1

High

45%
18%

lOO3/* 102%
41
71%
16%
45%

36

17%

73

104 V*

102%

Low

45

J-J

1960
Jan I960
Tol & Ohio Cent rel <si impc 3%*—1900
Tri-Continental Corp 27/8s debs
1961

106 3/8

103%

100 V*

1st

1st

Jan. 1

No.

102% 102%

J-D

tThird Ave Ry 1st ref 4s

148
220

Range Since

Sold

High

Pacific-Missouri Pacific—

Term

109 V*

146%

Bonds

Bid & Asked
Low

105%

215

—

Sale Price

High

101%

14

Last

Period

New York Stock Exchange

Texas

M-N

Week's Range
or Friday's

Interest

BONDS

Range Since

Sold

Public Service Elec & Qm Co—
debentures

9

Friday
Bonds

Friday's

Bid & Asked
Low

3s

SEPTEMBER

Week's Range

17%

A-O

AAdj income 5s

*94

j±D

95%

94

99%

99'A

MS

98'/a 100%

102

U
J-J

*102 Vi 103

Union Electric
1st mtge A

Reading Co 1st A ref 3 %e ser D__1995
Reynolds (R J) Tobacco 3e debs„1973

2%s

Jf-N

89

89%

16

1053/4 1053/4

A-O

8

93%

85

102%

Gas & Elec Corp—
mtge 4Vis series D
mtge 3%s series H

Gen
Gen

mtge

<T-an

mtsre

117

118

US

series

I

1967

MS

I960

MS

*106

1949

J-J

1941

J-J

__

Bwunpcu

4Vis

stamped

107 %

9Vi

10

106%

7%

103

103

102% 103

99%

104%

103

11

1013/4

100%

104%

8

103

1991

'■
■

993/4 103

Jf-N

1967
1959

33/4S debs...

103%

A-O

•mm.

15

91%

10

99%

101 %

—•

93%

94%

96

96

75%

80

*94 %

——

,

96%

953/4

A-O

1976

2%s debs

debentures

Universal Pictures

1003/4

1013/a 101 ®/a

MS

1960

C

series

2%s

Rubber

103

F-A

*103% 104

95

1001/4

*96

If -8

■

*82%

—

—

97

10

8%

9%

6%

S

2%s
1053/4

*8%

mtge

J-D

1970

United Biscuit Co oi nmer 2%s
U

*11

J

*s

RR

1967

*119 %

series

3 Vis
3Vis

f A Rut-Canadian

ARutland

MS

J-J

:

RR—

debentures

Ref

1977

5

3

1970

debentures

27/8s

—

101 3/4 1013/4

104 Va 104%

M-N

1967

deb

3s

108% 110

■

*109%

iii

A-O

1968

:

Calif

of

t_

1975

coll trust 2%s

Pacific

Union

106 %

Rochester
Gen

Oil

Union

M-N

1971

3%s

debentures

3s

R

Co of Mo

12%

V
Saguenay

Power

St Lawr

Adir 1st gold Ss
6s

2d

&

gold

3s

series

1971

mtge 4s series A
2nd mtge inc 4 Vis ser A

Louis-Southwestern

■1st

4s

2d

bond

inc

4s

1997

Scioto

Union

102

97%

"3

67

67

76

71%
*99

—

100

97

■i;!'

85%

85%

86

May

52

51%

52%

'

100

83

,30

1989

Nov 1989

1990

M-N

110

110

J-J

110

*90%

J-J

102"%

J-D

*1073/4

1971

A-O

*102%

1989

M-N

127

--

127 4

1st mtge 4s series A
AGen mtge 4Vis series A
3s

Sons

&

1990

J-J

Jan 2016

J-J

__

1960

J-D

——

1974

(Jos E)

J-D

1971

A-O

2Vis

debentures

Shell

Union

Oil

2Vis

debs

101%

1013/4 1013/4

101

62%

62%

14

*96%

97%

t§ASileslan-Amer Corp coll tr 7s__1941

F-A

99

J-J

—

1975

J-D

South

1963

A-O

1979

J-J

Southern
3s

Ala

Bell

RR

Tel

gtd 5s
Tel

A

2Vis

debentures
Pacific

1st

4 Vis

48%

693/4
98

1003/a

Walker

1003/a

Ward

541%

102%
99 3/a

—

123

123'/a

13

100%

105 %

101 % IOIV2

J-J

1994

Ry 2%a

J-J

17

94%

101 %

West

Penn Power

97

102%

West

Shore

70

77%

*103

1033/8

*70

—

71

—

5V2S
debs
(subordinated)—:
1970
RR 1st rei gtd gold 3v2s—2000
Washington Terminal 2%s ser A—1970

1977

Af-fl

98%

98 3/a

991/4

70

4Vis

1969

Af-N

88

371/2

88%

47

74%

Westcnester

4 Vis

1981

Af-N

85 %

84%

853/4

24

75

100 % 100 %

2

100
84

90

77

J-D

—

mtge 2%s series E

1986

J-J

87

87

1st mtge 2%s series F

1990

J-J

*83

84

196I

J-J

1994

J-J

1956

A-O

1st mtge 2 Vis series G

Southern

Ry

Devel

&

1>vel

&

Devel

1st

series

6s

series A

gen

&

gold 5s

cons

4s

gen

A

1956
1956

Memphis Div 1st gold 5s
St Louis Div 1st
gold 4s

A-O

—

A-O

1996

J-J

Apr

Standard Oil of Calif 2%s debs
Standard Oil (N J) deb 2%s

&

2%s

Co

2%s

i960

—

F-A

J-J

4

J-J
M-N

,

——

4s

1st

guaranteed

2.65s

§Alsl
A

A

104%

933/4

1013/4

nr.

106 3/8

i

105'A

1073A

»

■

106%

18

52'A

8

49%

50

97%

53

54 3/a
52

99

99%

*101% 101%.

—

•:

-

513/4

May

'

1033/4

-

10

99

.

55

9934

1063/4 106%

54%

MS

106%

45

99%

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.•

r,

Central

MS

109 3A

63% 7.
62

101%

99%

101

951/8

102

86

■?7-

J-J

773/8

1951

J-J

lP^l

M-S

1973

:

93 3/a

37

76

773/a

33

1013/4

64%

102%

J-J
J-D

863A

lOO'/a

101%

7', 981/2

101%

5

2

101% 101%
102 % 103

.

103

100

56,
7

——

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y

•

--

.

*97%
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98%
99 Va

96%

J-J

1958

A-O

103

103

1960

J-J

115%

115% 115%

——

99%

96%

*98%

MS

103

7

100

104
-y;
115% >

102%

:

112%

1

Ry—

76%

deposit

Power

89

713/4
71'/a

74%

40

10

36

49'/a

100

13

J-J

2%s

40

Jf-N

MS

3%s

1971

J-J

Power 2%s

1976

100

J-D

1979

J-J

77

f
,

46%

953/a

100

1013/a
2

1013/a

1043/a

'■

1063% 106 3/4

--

78

35%

■%:

1976

mortgage 2%s
Service

76%

3D

J-J

1949

of

div A term 1st 4s___1936
Certificates of deposit

Public

93%

*100a/4 1011/2

1967

general 4s

Wisconsin

11

993i 100

93%

1960

i'£ Du

Electric

>

1951

loo

—

1st

97

97

107

101

973/a

15

—

'V'-

——

M-N

4

Certificates

Wisconsin

98

103

1003/4101

r

92

104%

9

*103% 104%
'

1950

debentures

conv

§ ASu

52

101%

7;
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49

101

"

7:- *1033/4 104%

J-J

1st

107 V*

102%

76%
99%

102

85

86

105% 1053/4

105%

J-D

Wheeling & Lake Brie RR 23/4s A.1992
Wheeling Steel 3'As series C
—1970

102 %

13

83

74

5

.

J-D

2361

debentures

^Wisconsin

21

*85

MS

2%s

110

98

*97

983/4

*__

:196b

1

series

104

41

1043/a

*103%

v2s

108

102% 103

97%

10

—

Jf-N

mtge 3'As series D
Wilson & Co 1st mortgage 3s
Winston-Salem S B 1st 4s

103%

"I

101 Va 101'/a

A-O

95%

96

59

44

*104

—

97%

102%

j

Union Telegraph Co—
Funding & real estate 4V2S
25-year gold 5s
30-year 5s
Westinghouse El A Mfg 2%s

116%

99%

„

44

94%

*44.

1979

101%

~6

101% 102%

*107%

1950
—1967

104

9

108
102

'44

J-J

1972

debs

debentures

*__

'

-

77;

102% 105
102

101%

Af-N

1971

1973

I

Sunray Oil Corp 2%s debs
Swift

1966

A-O

1974

debentures

I

— —

— —

Af-N

ASpokane Internat 1st gold 4Vis__2013

y,

64%

4

106%

103%

Western

79%, 98
7 95% 107 :

40

853/a

100% 101

—

105

J-J

1951

Southwestern Bell Tel 2%s debs_._1985
3 '/as debentures
1983

2%s

84%
•

6%s series A

gen

92 34

~6

1123/8 112%

85

101%

109%

95

112%

7

98%

F-A

2361

841/4

1st

gtd

stpd

3s gtd—

mtge

Registered

101

6

1st mtg 3%s ser A.1975
Pacific RR Co—

68

F-A

Western Maryland 1st mtge 4s
1952
Western Pacific 4%s inc A
Jan 2014

92%

89

Leg 5s
3Vis

mtge

Gen

95 %

Gold

San Fr Term

74

98%

A-O

Warren

Co—

(Oregon Lines) A

102%

68

68

<

Jf-N

105% 105%

105 %

96

u-

Co—

95

—

98

79

777 6
■;77:--'7':

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104

103%

74

Apr
Apr

debentures 3%s_1976

conv

Baking

23

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—

—

——

——

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yy

M-N

100

1

99 %

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85

1013/8 1013/4

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104'/.

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1033/a

*82

Apr

G & W 2%s debs. 1966

n

99 %

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Southern

(Hiram)

Walworth Co

99 %

96

*102% 102%

99 %

F-A

1987

Indiana

Southern

102%

583/4

'

*__

u,_

102%

RR Co—

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Jan 1981
Gen mtge inc 4%s series B__Jan 1991
1st mtge 3%s series B
1971

Gen

IIIl985

debentures-

Southern

100

23

*104% 105%

——

101%

K

''

18

112%

106

98%

3

W
Wabash

Co—

debentures

2%s

***»

99%

43%

__

1965

Nor

a-o

112

A-O

102%
128

94%

*100 % 101'/8

99%

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Socony-Vacuum Oil 2 Vis
&

Jf-N

1973

1st lien & ref M 3%s ser C

Seaboard Air Line RR Co—

Seagram

1995

Virginian Ry 3s series B

1013/a 1013/a

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127

1

——

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5s

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1979

ref

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2003
1958

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conv

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1st

613/4

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4s_1968

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105

12

943/4

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883/4

;

463/4

41

1975
1978
1963

ref mtge 23/4s series E
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3'/as

1

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&

1st

™

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86

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series B—

f 4s

s

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St Paul & Duluth 1st cons
gold

St Paul

67

J-J

Jan 2022

certificates

bond

*101% 1023/4

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1955

1st

St

J-J

1996

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St Louis-San Francisco Ry Co—
A

MS

1996

A

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4s series A—1955

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102 %

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Yonkers

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7

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—

77
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96%

94

~

__

Terminal RR.Assn of St Louis—
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&

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& imp 27/8s series
Corp 3s deb.

Texas

Texas

Imp M 4s series C

&

New

Orleans

.2019

J-J

.1985

A-O

.1965

D

M-N

*120 3/a

a

Deferred

115%

106% 1061/2

119%

99%

103%

included

104%

—

*1023/4 1033/4
106%

106%

not

8

94%

99

1

88%

97%

125% 125%

2

1183/4

101% 102%

20

97%

RR—

in

included

delivery

the

sale

not

year's range

in

the

year's

n

Included in the year's range,
d Ex-Interest, e Odd-lot sale
Under-the-rule sale not included In the year's range, r Cash

range,

§ Negotiability
Impaired by maturity
■
;
v
tCompanies reported as being in bankruptcy, receivership, or reorganised under Section
or securities assumed by such companies.
-

1st

&

ref

M

3%s

series B

.1970

A-O

1st

&

ref

M

33As series C

.1990

A-O

5s

.2000

J-D

& ref M 3%s series E

.1985

J-J

Texas

&

Gen

Pacific

1st

gold

*96

91%

96 3/4

91%

91%

102 %

not
»ale

Ex-coupon.

y

^
77 of

the Bankruptcy Act.

♦Friday's bid and asked prices; no sales being transacted during current
selling flat.

127

week.

ABonds

102 %

NEW YORK CURB EXCHANGE
WEEKLY

AND

YEARLY

RECORD

In the

following extensive list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning on Saturday, Sept. 3
ending the current Friday, Sept. 9.
It is compiled from the reports of the Curb Exchange itself, and is intended to include every security, whether stock
bond, in which any dealings have occurred during the current year.

and
or

RANGE

Week's

Friday
STOCKS—

Last

New York Curb Exchange

*•

,

ENDED

SEPTEMBER

'

9

">

8ales

of Prices

Low

Par

WEEK

Friday

for Week

Range

Sale Priee

FOR

STOCKS—

Shares

High

Low

Sale Price

for Week

Range
of Prices

Low

Par

High

Sales

Week's

Last

New York Curb Exchange

Range Since January 1

Shares

Range Since January 1

High

Low

High

1

Motors

ACF-Brill
Acme

Aluminum

Acme

Wire

Adam

Hat

Aero

1

1

Inc

Stores

Associates

—

13/4

—1

Mfg

J)

(N

Appliance.—

Air-Way

Electric

Alabama

Great

Southern

Alabama

Power

4.20%

3A May

500

1%
20

13/4

500

-•.;•■:■■••

5%

5%

r_l

5%

r'^v"

5%

■

200

6%

400

3%

Jun

4%

Jan

Alaska
Alles

&

Allied

Fisher

1

Investing

Products

(Mich)

Corp

common

Brewing Co.;

Altoier

Bros

Aluminum

$3.75

Co

*

common

of

America

common—•

cumulative

preferred
Mfg

Aluminum

Goods

Aluminum

Industries

For footnotes

see

5'/2

common
paee




33.

100
•
*

35%

Jun

513/4

600

%

Jun

1%

1

1%

1%

300

1

Jun

1"%

58

July

Jan

American

7%

Feb

Aug

Beverage common
American
Book
Co

Jan

10% Mar

'■

6%

Apr

Class

Cities

Power

&

.„

100

Light—

98

5%

5%

-

15%
6

YY' 6

15%
C

—

Gas

&

Electric

2%

2%

2%

900

32%

36%

1,025

27%

36 %

33%

36 %

225

32%

Jan

36 %

Sep

..25

10%

10%

10%

350

9%

Jun

13%

J*n

18 3/8

18%

183/4

Sep

25%

Apr

15

15

15%

1.200

13

July

4%

9,500

3

Jun

7%

Jun

$2.50

75

91

Jan

98

Sep

American

Hard

3%

Feb

6

Apr

American

5% July

Laundry Mach
Co common

-20

Jan

American Mfg

Feb

3%

Apr

American

Maracnibo

.—I

17%

Jan

Jun

5%

Feb

__

6

6'A May

9%

Mar

43%

49%

2,800

45%

Jun

54

99%

99%

580

933A

Jan

100%

—

21%
—

100
—

20% July
4% Jun

26%

/

Jan
Mar

Aug
Jan

6 3/4 Jan

114% May
2% July

35%

Jun

13 'A

46% July

Jan

Corp common— .10c
.—1
prefer»ed_
1
preferred

Mar

100

7% Aug

Jan

American General

7

99%

21'A

373/4
111

Jan

113%

92%

100

100

Mar

400

7%

Jan

Jan

.100

78'A Aug

800

1%

112% 113%

..10

com

66

Jan

preferred

43/4 %

60

49 %

—

73/s

.—1

B

American

3 %

82

—

„

1
5

1

1,600

%

43%

Car Co

2%

100

81
98

81

X

Inc
common

Internat

Allied
Altes

Airlines

pfd

443/4

%

American

$2

50

43%

class A. .—1

common

1%

Jun

53/8

Jan

American Bantam

6

Jan

8'/b

Aluminum Ltd

32%

Jun

7%

__

5
1

Jan

l'/a

Jun

3% May
1% Mar

—

*
I—
-V

common

Inc

1
__

__

1

Stores

Shoe

Surpass

Alnsworth

—

10

common

Supply Mfg

Agnew
Air

Co

warrants

Alloys

convertible

convertible

Rubber

Co

.25

Co

"

3%
10

10%

200

26%

253/4

26%

6,300

American Metal Products common.. —2
American
American
6%

Meter

»

Co

Natural Gas Co

Class
American

Potash

Chem

class

Sep

15% Mar

5%

Jan

103/4 Aug
Jan

34

Feb

41

32

150

173,4

Jan

26% Aug

30

A_.

Jun

32%

24%

50

22 3A

Jun

28 % Mar

22%

Jun

28% Mar

20%

Jun

26%

24

B

Republics

36%

32

125
&

18%

Jun

Feb

24

32

com

preferred

American

400

3%

2

I10

24

24%

600

26%

25%

26%

6,200

Sep'

Sep

I

30

THE

(1006)

COMMERCIAL

STOCKS—

Last

Range.

New York Curb Exchange

Sale PrftM

Low

3%

American Writing Paper common
Anchor Post Products

1

5%

Angerman Co Inc

Seal-Kap

common

Amer Superpower

Corp common
$6
series
prelerred
American Thread b% prelerred

Anglo-Iranian

Co

3%

100'

99%

■'fi'W' 150

4%

4%

1,200

5%

6

4%

4%

1

7%

98

Amer dep rets ord reg

%

Jan

100 %

Aug

4%

Feb

6%

Apr

4%

Jun

5%

Jan

200

7% Feb

g

4% May

A

Cities Service common

City Auto Stamping
City ft Suburban Homes

Mar

8

100

3

5

5%

>•

•

10®
1

108%

2% '

•

9%

9%

9%

Common class A non-votlng_
81* preferred

•
If

9%

9%

10

10%

11

•
3.M

114%

—

Arkansas Power ft Light

»7 pfd

Equipment Corp

108% 109%

Jun

103%

.

Feb

8%

Clarostat

Jan

1,200
13,100
200

10% Aug

CUnchfield Coal Corp common

5%

Jan

10%

Club

10%

Jan

190

113%

Jan

200

6

Jun

7%

Jan

"

Aug

8%

Sand ft Stone Co

18%

4,100

14%

Jun

19%

22%

2,000

21 %

Jun

23%

Jan
Feb

10

1,000

6%

Jun

10

Sep

Atlantic Coast

Fisheries

1

Atlantic Coast Line Co
Atlas Corp warrants

M

Atlas

Plywood Corp
Automatic Steel Products Inc
Automatic Voting Machine

Avery (B P) A Sons
8%

1

29

2%'

2%
39

5%
13%

5%
13%

Feb

Commodore

%

Jan

Aug

Compo

8

21

I

com

32

435

2%

1,200
50

35

July

51

% Jan

9,000

4

Jun

6

Jan

900

11

5%
14

8%

400

Jun

22

22

11%

13%

Mar

100

20

July

1,300

10

Jun

22

13%

Jan

6% July
8

_l

preferred

Feb

31%

39%

% May

1%

e

American

Barcelona
Barium

32%

X52

•

1

32%

41

100

32

21%
8%

Jan

11%

Apr
Feb

25

15% Jail

to

9

200

Steel

&

(L)

Ltd"""""

Pwr

•

"*«

Corp__.

3%.

3%

4

2,800

15%

n

Beau-Brummel Ties

common

Beck

(AS) Shoe Corp
Bellanca Aircraft common

u

i

ZZ

13%

Feb

Feb

10%

Jun

i%

x36%

x36 %

»
•

Co

common

common

cum

~

Bridgeport Gas Light

"Power

52

20

35%

Jan

52

Sep

Jun;

14%

Jan

6%

200

12%

11%

12%

675

3%

3%

2,000

8%

8%

100

5%

38%

37%

38%

175

23%

—

74%

75

52

•

70

4%

18

4%

Amer dep rets
ord

62

500

3% May
21% Apr
13% Feb

21%

21%

100

in.

•

t
ji

_

Sn!.n^U!,b"Co commonZZZZZZZZZZZl
Bruce (E Li Co
common

s so

Bruck Mills Ltd class
B
a
Buckeye Pipe Line"
'•
Bunker Hill A
Sulllvan_ZZZ~.~ZL"_7ZZ"Zj~Bi
Burd Piston
Ring Co
i

Rnr^aii0rp.^mer dep fCtS-ZZZZ—ZZZZ-

Burry Biscuit Corp

1%

1%

100

Jan

Jun

19% Mar

1%

Jun

8%

Jun

5%

500

4%

Feb

3,600

5%

5

,

11%

11%

11%

16

15%

16

200

11%

UVb

n%

600

15%

15%

15%

1,800

7% Jun
14% July
4% Jan
10% July
12% Jun
6%

"%

""%

12%$

2%

Jun

1,600
2%

ft

2

Apr

37%- Apr
9
Jan

Sep

7% Jan
12% Sep
3% Aug

1%

Jan

41
75

Jan
Jan

7

18% Sep
6
Jan
23

Aug

16

Aug

33

Jun

21% May

2

23% Aug

2%

Sep

13% Aug
5% Aug
12

20%
5

Aug
Jan

May

11% Mar

*22%
12%
%

Jan
Feb

Jan

2% May

Paint ft

Wireless—
American dyp rets

Coro

$1

5%

pfd

II

Calamba Sugar Estate
California Electric Power
Camden Fire Insurance
Co

2%

500

Jun

4%

_•

IZZZi

~4

~4

5

412

5%

4,800

7%

7%

7%

200

—I

ZZZZZ!

Ltd

Canada Cement Co Ltd
6%% preference

•

2%

Jun

5% Jan

6% May
19% Jun

7% Aug

-ZZi$

x24

Aug

22

Mar

r2% July
22 %

Sep

24% July

Canadian Industrial Alcohol—
Class A voting
Class B non-voting

8

8%

300

preferred
Canadian
Marconi

ZI

10%

Jan

9%

Jan

148% July

"l%

"l%

7%

5,800

1

Jun

13%

13%

200

12

May

8%

8%

8%

100

49

47%

49

125

pfd_Z

Carr-Consolidated

A

Jun

Jun

40%

Jan

148% July
1% Jan
Jan

21

8% Aug
3% Apr
49

Sep

109

B^cult Co_

Carreras Ltd—
Amer dep rets

7%
2%

Carman A Co

--

2%

2%

400

ord

Mar

2

Feb

4% Mar

Feb

13% Mar

12%

Amer dep rets B ord
Carter (J W) Co common

2

..

Mar

x4% Mar

—

common

111% Mar

2

„

Mar

3%

Feb

23%

(AM) A Co
Catalin Corp of America

23%

50

22%

Aug

3%

3%

500

3%

Jun

500

4

Jun

40%

Feb

Feb

5% Mar

32%

Apr

6%

Jun
Jan

30

109

Jan

114 % May

10

100

Jan

108

107
11%

1,100

9%

8%

800

z8

84% t

850

3%

300

70%
2%

8

Apr

69%

Sep
Aug

12% Mar

Jan

18

May

May

13%

14
26

""%

%

300
50

Jun

103%

Jun

3%

Jan

1%

Jan

10%

14

Jun

20

Jun

A

9,300

rl/123 1-1/64

73,300

1/128 July
7% Jun

10%

Mar

28 %

A Jun

Jan

Jan

A Jan
3l2 AUg

10%

100

5%

5%

200

4%

Jan

5% Aug

15%

~5%

-1

15%

100

14%
4%

Jan

16% Mar

31

Jun

Cosden Petroleum common

—1

6%

convertible preferred

00

37%

6%.

700

37%

25

12

Feb

Aug

6%

Apr
Jan

42

Courtaulds Ltd—
American

dep

(ord reg)_£l

receipts

Croft

1

Crowley

Mllner

ft

Cork Internet')

_

Crystal Oil Refining common$6 preferred
Cuban Atlantic Sugar common
5%

preferred

-

Tobacco

Cuban

-

Mfg Co

(Mo)-

2%
3%

„

1

;

-100

-

•

i

7-

2%

400

3%

100

61

10

18%

18%

19

5,300

mmim

,

7%

Feb

41% Jan
IVs Aug
7% Jan

Jun
Sep

5

Jun

5%

350

1%

3 '.

Jan

14%

Apr
Mar

Apr
Apr

Aug

4% May

Jan

30

65

May
19% Aug
106
May
8% Aug

5% Mar
Jun

10%

—

8%

13% Jan

1% Jun

4%

— —,

6%

Feb

Aug

102

■

■

7%

7

A
2%

11%

1,500
•.

61

--

Za.io

-

.

Jun

'

100

7%
—

•

—10

»

-

1,300

7

2%

28%

2,200

.

..

common

Curtis Lighting Inc common

Curtis

7%
—

Laflo

Crown Drug Co common

%

3%
5%

0

partlc.

5,800

ig
5%

B

34%

2%

3

I "l

-

"A"

33%

ii

•

Oo_
Crown Cent Petrol
(Md)
Crown

33%

1

Brewing Co

Crosley Motors Inc

3%

2% July

Jun

Jan

6

14%

Jan

34

Sep

D
Davenport Hosiery Mills
Davidson-Brothers Inc common
Day Mines Inc
Dayton Rubber Co class A

1

debenture.

25

6%

6%

2,100

1%

1%

100

28

28

50

00c
I

10

10%

"800

13

13%

900

100

Derby Oil Co common

8

Detroit

ft

1

1%

1%

600

19%

20%

300

3

Jun

32

Feb

Feb

8

Jan

11%

9% May
Jan

Jan

140

Jan

Aug

I 10

Jun

15%

Jun

9%

Jan

1%

Jun

2%

Jan

Apr

18

Jun

23 %

Jan

9

fl

Jun

12

Jan

10%

Jun

14%

Feb

1

8%

8%

8%

700

6%

Jan

10%

Jan

1

3%

3%

3%

2,600

2%

Jan

26%

Jan

11%

Jun

•

Dominion Steel ft Coal class B—

21

Ohem Co Ltd

14

14

14

500

*

Dominion Textile Co Ltd oommon

Draper

"l%

•

Domestic Credit Corp class A
Dominion Bridge Co Ltd
Dominion Tar ft

Sep

Jun

7

13

10

Amer dep rets ord rsg
Dobeckmun Co common.——

6%

1%
22%

132

1

Gasket

27% July
5% Jun

6%

81

—

34

34

6%

10c

Dejay Stores common
Dennlaon Mfg class A common
8%

I.B0

Corp

•

33

10%

400

62

63%

10%
63%

200

10

9% Mar
57

May

14%

Jan

22 %

20% Mar

•

Driver Harris Co

3% Aug

Apr

10% May
Feb

65

Jun

23

Dunlop Rubber Co Ltd—
Amer dep rets ord reg

fl

79

•

Jan

3

13%

14

300

Jan

May

7%

Apr

1%

Feb

2% Mar
13

9% July

—

l

Texas Sulphur

32%

Feb

6%

l
•

Jun

74

Duke Power Co

Aug

5%

Jun

10% Mar

Feb

15% Aug

6%

preferred-

io#

82%

X81%

82%

100

82% Aug

9%

200

74% May
9% Mar

ser

15

Jan

85%

88%

Apr

l

9%

100
100

13%

11

14%

3,300

86%

81

87

1,170

13%

10

13%

IF

13%
6%

100
1928

Century Electric Co common
Century Investors Inc
Conv preference

pag*




8%

prior preferred

lo

—

Jan

6%

Feb

14% Aug
87

Sep

5% July
5'A July

14

Aug

500

14

100

5

May
Jan

3

Jan

Jan

36%

380

~2%
6%
—

55

35%

—

_i

10

5%

Feb

|

a.oc

•

200

$7 preferred series A—
$6 preferred series B

175

62

Jun

77

Feb

69%

360

61%

Jun

75

Apr

SB

26

—

7%

7%

7%

65%

64 3.

65%

300

50

Jun

69

60

60%

1,225

39

Jun

62% Aug

13%
67

2,800

beneficial lnt

l

14

Electric Bond

ft Share common

I

Electrographlc Corp oommon
Empire District Electric 14 pfd
Empire Mill work Corp

Jan

Aug

Derrick

ft Equipment

-nmrnnr*

1,100
550

8%

200

14%

15%

32,100

5%

400

92% July
4% Aug

101%

5%

14%

preferred

Ltd

Eureka Pipe Line

11% Mar

7%

Apr

400

11

Feb

13%

Apr

60

l

I

13

13

100

1%

1

38%

4%

1%

1,900

4%

4%

Jan

'

31

100

4

Jun
Mar

Feb

Apr

1% Mar
38 %
*'

5

Sep
Jun

i*«

% May
14

It

13% May

1% Feb

600

16

Sep
Jan

15% Aug

Feb

500

38%

36

1

1%

10%

Sep

68%
10

Mar

5% May

9%

l

l

convertible

Esquire Ine.

14%

14%
68%

10$

Corp

2%

Jun

8%

1
*

$2

1%

Associates—
of

Easy Washing Machine class B

Eureka

37% Mar

Aug

GO

•
•
—

$B pfd shares of beneficial lnt

Equity Corp

4% Jan

Jun

71%

69%

Eastern States Corp

Emsco

2%

70

69%

Eastern Malleable Iron

8ugar

3%

70%

ioo

prelerred

shares

3%

101

Jan

Feb

18

Jan

3

100

iq
common

Chamberlln Co of America
Charts Corp common

4%*

Fairehlld Camera ft Instrument
Fair child Engine ft Airpiawa

ioo

ser

E
Eastern Gas ft Fuel Asan com

4% Jan

36

Central Maine Power Co—

3.50% preferred
Central Ohio Steel Products
Central Power A Light 4*, pfd

se.

33%

5% Aug
4% Jan

3%

Castle

For footnotes

Apr
Jan

58%

26

*

Reynolds common—
.preferred class

Com

Jun

13%

Capital City Products common—
Carey Baxter A Kennedy Inc
Carnation Co common
Carolina Power A Light $5

7%

7% July

7%

Cessna Aircraft Co

4%

4%

% May
14

Inc

Eastern

8%

ZZZZZZ

Canadian Industries Ltd—

Conv pfd opt dlv
Conv pfd opt dlv

Apr

Jun

400

3

8% Mar

Jun

—

(Central States Elec
7% preferred

Apr

Jun

3"%
3%

r2% July
20 %
Feb

common.

Canadian Canners Ltd commonConvertible
preferred

Casco Products

7%

Jan

1% July

—

1

LtdIZ!

...

Bread

100

5%

Jun

H Aug

300

4%

Jan

Jan

4

»

Calgary & Edmonton Corp
Canada

3%

38

12

3%

2,600

8%

0o

Duval

3%

Juu

Feb

107

1

Varmsn oo

Durham Hosiery class B common
Duro Test Corp common,—

c

A

Jan

1

Corp

Duraloy (The) Co

Cables

5%

113% 113%

Aug
Sep

21 %

l

Cable Electric Products
common-IN

Aug

8% Aug

Jun

300

4

x8

11%

Devoe ft Raynolds class B
Distillers Co Ltd—

400

Apr

600

8

69%

83%

Jan

1,300

34%

Jun

X8

11%

Detroit Steel Products—,—

2%

Jan

Mar

5%

67%

69

83%

Feb

12%

2

Jun

22

27% July

1

11%

2~%

1%

100
800

3%

Utilities

Gas

Apr

12%

6,000

1,500

Liquidating Corp
•
Mining ft Smelt Ltd-—I
Consolidated Royalty OIL.
—10

Consolidated

Jan

12%

1%

Jan

30

"ii

Consolidated

11%

'W>:-:■■■■'

Mar

3%

Aug

10

Consol

Manufacturing
Detroit Gray Iron Foundry,—

1% July
21% Mar

Jun

17

300

-100
100

4%

July

8

—

^olumbla p°wer class "aZZZZZ

Jun

4%

10

Porman~Dlst~lIlers~~

Apr
Mar

15%

Zf 1

-

Jun

900

fi

ree

Junior pfd

2% Feb

33

e

RHfUK
ICtS
British Celanese 0Td le«
Ltd—

Mar

15%

"•

Tobacco-Z

dep "ts ord bearer

9

4% July

18%

J

Oil Co

Feb

6% May

13%

!•

2ZZ

British-American
British American

cum

Jan

~6%

*

A

CoZZZZZZZZZ

Class A

4%

26%

«■

Brlllo Mfg Co
common

Class

50

•

Rrpfiila^ Tract,on Bight
Breeze Corp common

Brown

500

52

52

ion

__

Jan

37%

Jan

6% Jun
52

52

~6%

•

pfd-.

Borne, Scrymser Co
Bourjols inc

5%

10% July

1%
33%

•

Z

common-

Mar

i%

52

•

7% Aug
14

900

j

common

16% Jan

200

"l

"ZZZ

Blrdsboro Steel
Fdry A Mach Co com"*

prior

4% May
8% Mar

14

Jun

1%

Jan

10%

ZIZZIZ1

Convertible preferred
Blckford's Inc common

5%%

6

1% Aug

13

io%

i%

i|

Canada common
Benrus Watch Co Inc
Benson A Hedges common

Bolmck (H O)

jr

j

of

Blumenthal (S) A Co

Jun

50

l

Blue Ridge
Corp

Jun

300

n

i
;

s

Sep

6

5%

15%

■

Jan

100

1,100

•

Creole Petroleum

common

Blauner

Jan

Feb

3

14% Aug

5%

series B preferred
preferred series O

;

5%

A Co

Bell Tel

55% Mar
36%
9

7

Jan

4%

1

1956

4 %%

Jan

5% May

4% July
1% Aug

8%

9

shares.

Tr Lt

Jun

Aug

12%

5%

Rights w 1
800

500

4%

4%

Cornucopia Gold Mines
52%

Aug

14

21

Consol G X L P Bait common

Continental Car-Na-Var

33

52 %

4%

4

37%

Inc.

Corroon ft

Barlow A Seellg
Mfg—
$1.20 convertible A common
Basic Refractories Inc

Baumann

52%

yg

Feb

6

28%

.

Cook

preferred
Baldwin Rubber Co common
Banco de los Andes-

1%
6

30

%

Continental Fdy ft Machine Co

7%

Jan

38%

Shoe Machinery—

Vtc ext

Jan

Big
Babcock A Wilcox Co
Baldwin Locomotive—

1%

15,900

1

Communlty Public Service

1

Jun

14%
V,

9 % Mar

Jan

2

2

.1

7%

A Mar

4%

•

Hotel

6% July

100

16%

10 % Mar

Feo

%

10%
2

-2P

Manufacturing Co.

200

1

common

Ayrshire Collieries Corp

31%
39

13%

warrants

Colorado Fuel ft Iron
Colt'*

Industries—

ft

Jan

6

Jan

Aug

1,400

—

ordinary

Colonial

17%
21%

7

17%

1

Development
Airlines

18%

ft

Juu

•

Oockshutt Plow Co common
Colon

Colonial

22%

6%

52%

•

Product# Go

Apr

•
1

American dep rets reg
—£1
Associated Laundries of America
•
Associated Tel ft Tel class A
•

50%

14

4
2$

Clayton ft Lambert Mfg
Aluminum

11%

Sep

11

114% Mar

1

Associated Electric

52%

1

Apr
Jun
Jan

3%

65

400

7

%

1

———

Claude Neon Inc common

109"% July

13%

Jun

25

8%

Jun

57%

1

Co

Co

1%

Ashland Oil & Refining Co

9

Mfg

5%

130

$1.20 cony preferredAsplnook (The) Corp

10

Controller

Clark

3% May

High

10'

6

1
1$

500

114% 114%

7%

Feb

5

17%

Jun

2%

1,700

2%

common

Inc

Arkansas Natural Gas

12%

200

15

3

200

75

%

1
1$

Mining

consolidated

chiei

16

8%

*
•

Lines

trust ctfs

Voting

'

65

16

Chicago ft Southern Air

Jan

5%

Range Since January 1
Low

10%

63%

commoi

Shares

High

10%

Chicago Rivet ft Mach

100

7%

15

fl
1
1

Apex-Elec Manufacturing Co
Appalachian Elec Pwr 4%% pfd

Aro

% Mar
58

Jan

3% Mar

Jan

of Prices

Low

jutd—

Angostura-Wupper man

Argus

2%

Sales
fer Week

Range

10%

Cherry-Burr ell
Chesebrough Mfg

400

tg

Last

Sale Price

Exe^age

High

LOW f

19,200

H

...

Week's

Friday
STOCK8—
New York Curb

Range Since January 1

:"'V"

1

common

Oil

ft

Shares

High

3%

2
10o
•
•

American

EXCHANGE
SEPTEMBER y

for Week

•( Prices

Par

ENDED

Monday, September 12, 1949

Sales

Week's

Friday

WEEK

FOR

RANGE

FINANCIAL CHRONICLE

CURB

YORK

NEW
-

&

6%
—

~3
6%
—

1,300
300
—

Aug
9% Jan

4

Apr
Jan

July

7%

Jan

7% Mar

10%

Jan

2%
6

Jun

Fansteel

•

12%

Feb

5,600

3%

Feb

21% Aug
5% Mar

10%
69%

900

8%

Feb

13%

Apr

,V 10

57%

Jun

69%

Sep

2%

2%

1,100

2%

Jun

19%

19
4%

-10

.10c

$2 dlv cum preferred—

400

4%

69%

1

__1

Metallurgical,
Fire Association (Phils).
First York Corp common.

.4

1

10%

10.

25

Jun

3% July

r

;

<

j

Jan

33

Flshman

Be

(MH) Co—
to $1 Stores.

13% July

17% Aug

Ford Motor Co Ltd—
Amer

dep rets ord

;4'%

4%

1,000

20%

4%

20%

100

Jun

4

5%

Feb

Ford Motor of Canada—
Class A non-voting.
Class B voting—
Ford

Motor

Ammr

of

17%
20

-

Feb

21

Mar

23

Jan

Feb

France—

rc.tm

ha*rm*

ft

%

A

8.900

A July

%

Jan

J,

THE

Number 4837

170

Volume

COMMERCIAL

&

NEW YORK
RANGE

Week's

Friday
Last

STOCKS—

)
t

Fort

Pitt

Low

tPeter, Brewing
Franklin Simon A Co Ine common

Fuller

30

1

Co

(Geo A)

27%
9%

May ;

1,850

6%

Jun

1,400

11

8

Jan

9

30

7'A

3,500

Jun

Kings County Lighting
4%

Sep
Sep
Sep

11

cumulative

common.

(DEmll)

Kleinert

preferred

.

G&tlneau Power Co common
8%

;
,

•

preferred

General

common

.

Alloys

com

preferred

conv

89%

..1

_

Co
General Builders Supply Corp
6%

14 Va Mar

100

Oilman Mfg Co

•
1

15%

10

88 %

July

92%

5

4%

Jun

8

Jun

1%

2%

Jun

3%

Feb

—

—

300

3%

3
—

—

___

Amer

j.

General Fireprooflng

1

Outdoor

Adv

General

35%

100
2VB

Gilbert

i

Corp

(A C)

1

Glen

Alden

G

•

Gilchrist Co
Gladding McBean Ac Co

4

4

1

common

v

•

Feb

37 %

Aug

Jun
Jun

106

Jan

1

Coal

5%

Jan

25

Xll2%
105 Va

Feb
Jan

100
116

Mar

Jun

106%

Feb

3%

50

Jun *'•

4%

Jan

6%

__

18%

Jan

17%

17%

17%

1.600

Jun

21%

10 %

10%

1,300

9%

Jun

11%

Jan

17

16'A

17

1,000

13%

Jan

200

1%

Jun

class A

Godchaux Sugars
Class
B

•

Gorham Inc
Gorham

17

1st

stock

Stores

Products

common

Utilities 84.40 pfd
Gypsum Lime & Alabastlne.

Lamp

Co

Hartford

Paper

8

103%

Feb

124

Aug

Jun

142

Feb

325

137%

70'

135%

39%

600

32

28%

850 '

27% Aug

—

of

A

ctfs

Hoe

300

4%

Public

Service

Apr

6%

Mar

Mangel Stores

Marconi

Jun
Jun

1%

100

1%

Jun '

1%

July <■

■

~9%i

9%

*•

300

10 %

10%
10%

10%

100

2%

10%

10%

100

Co

68

7%

1,400

6

900

•

Power

Harris

-

15%
8%

•

100

2,000
500

15

14%

15

~7%

~7%

_7%

200

6% Mar

7%

25

24% May
23% Jan

26%

25%
25%

50

21% Mar

26

22

22%

700"'

24% May

•'

Refining

*

Mfg Co

8

pfd

3%

32%

108% 108%

100

76

75%

76%

Jun

11

I

3%

Jan

4

Aug

31

Jan

17%

Jan

68%

400

1

Hydro-Electric Securities

l

17%

3 %

15

12%

12%

•

Hyirade Pood Products

2%

1,500

17%

3

-

575

3

Jun

22%

Zinc

Co

6%

79%
4

1%

6%

1 %

6

.

3y4
22 Va

*

Jan

n%

6%

6%

400

5% July

10%

Jan

4%

Feb

15%

5,200

13%

Feb

17 Va May

15%

15%

400

14 Va

Feb

12

12

400

Indianapolis Pwr A Light 4% pfd__100

88%

Jan

98

Apr

98%

Jun

112

Aug

10%

Jan

13

Aug

Registeied

coupon

250

109% 110

•

59%" 60

400

shares

Jan

20%

Feb

22

GOO

6%

Jun

11

6%

~7

6%

Jun

11%

•

International Products

10

12%

11%' 12%

800

8% Mar

l< (

100

1%

1,400

% May
1% Feb

•

International Safety Razor B__
Investors

o

•

!>

Iff1
XI %

xl%

Royalty.—

'

Iron

Fireman

Mfg vtc

14%

Irving Air Chute..

-

Italian Superpower Corp com cl A

-

i

47

*

6%

14%

100

4%

4%

200

1

—*

300

%

3/4

v>

A

Iron

preierrea
Co

Class B

v

13% Aug
3% Mar

100

%

Jan

i

63 :
;

July

Aug
Feb

13%

13%

West

A

Kokenge

5%
3%

3%-

•j

Co

•

-

3

-

3%

3%

Preference
Julian

3
5 %i

3%

'

Mid-West
Midwest

~5%

2,900

4%

Jun

8%

Jan

1,200

13%

Jun

19%

Jan

3%

2%

Feb

3%

5%

Jun

6% May
2

200

"1% Tv/a

15%

14%

15%

39%

35%

40

Jan

1%

Apr
Jan

6%

Apr

1%

Jan

1%

Jun1

3%

Jan

4%

Feb

6%

Jan-

3 %

Aug

5%

Jan"

3% May

July1

4%

Jan

20%

Jan

H

15

15

1%

15%

1,900

1%

Kawneer

3%
119

Co

Kennedy's

12%

Inc

I

Key Co common
Kidde

27,200

(Walter)

10

10

8%: '8%
I

A Co

50

200

I

Sep

July
Feb

9%

For

preferred

"4

#:'

3.'/a

lootnotes see

page




33.

15%

Jan

2%

Apr

6

Jan

Jun

5%

Apr

6"

.

Mar
Mar

48

4%

400

Jun

6%

Sep

Aug

9%

Jan

1 %

~1Vb

1%

3,900

7%

7%

77/B

300

38%

38%

25

29%

19,200

1% May

% May

8% Aug

5% May

8%

67/b July

1
v

110%

Feb

Jan

6

6%

•

t e_l

10

9%

9%

5

2%

2%

2%

%

21 %

10%

10%

38%

Sep

6%

Feb

10

Sep

1%

50

•

Feb

Jun,
Jun

4,600

•

175

9

Mar

18

July

•

dividend shares

common

Abrasive
Oil

9

3%

BOo

Co

10

Refineries

Wohl

4%%

Co

18

18

18%

500

~2%

~2%

"2%

1,000

7%

7%

200

6%

32%

32%
9%

50

29%

16%
19

BOo

common

convertible preferred

80

•
pfd—108
•

9%

cum

2%

'

Sep

10% May

Apr
Feb

Aug

4%

Jan

19%

Jan

Jun

May

22% May

Feb

3% Mar

Jun

7%

Jan

Jun

32 %

Jan

Jun

10%

Jan

1,100

IVa

101

101

101

25

93%

Jan

101

31

30

31

200

24

Feb

31

9%

7

200

6%

Jun

8Va Mar

2%

1,300

2%

Jun

3% Mar

2%

2%

200

185%

70

*4%

~4%

2,400

12%
28%

12%

800

30

950

Sep

33 %

Feb

99

99

50

95

July

103%

Jan

50

17

Mar

22%

Jan

24

Apr

30

86

27/B

States

common

Mt Vernon-Woodborry Mills
Murray Ohio Mfg Co

Muskegon Piston Ring common
Muskogee Co common.
Muter Company common

104

•

»

12%
30

1
•
2.50
M

20%

20%

20%

8%

Aug

2%

167% Mar

185%

Jufl

3%

Jun

10%
28%

Jun

Aug
Sep

37%

Jan

4%

Sep

14 V*'Jan

Jun

10%

Aug
Jan

13%

Jan

100

10% July
7
Jun

12 Va

Jan

100

10

Jun

13

3

Mar

7%

8%

Mar

Apr

30%

~4%

100

Tel

Ac

182

95

May

2%
-

.100

_10

Producers
States Power

Mountain

Tel

184

July

98

of America—

Mountain

Sep
Sep

2%

pfd series B

Corp

Jun

25;
16%

6%

com class A
Montgomery Ward & Co class A
Moody Investors partlc pfd

Plan

2%

pfd

cum

4.80%

N
Hachman

National

12

-IB

Corp

Inc

Namm's

Hess

common

12
4

4"

1

*3%

x3%

33%

common.

Bellas

4

1

33

National Breweries commqn

3%
33%

preferred
Fuel

400

2% Mar

7,900"

29% Mar

250

9%' 10%

8%

3,000

National

6%
1

Machinery

7%

500

7%

Radiator Co

National Rubber

6'A

800

7

8%

400

Mur

Co

Sep

35% Aug

10% Aug

5%

Jun

10%

Jan

10 Va

july

Jun

10%

Jan

Jun
Jun

9

Jan

8% Mar
18%

Apr

3%"

3%

300

3

Apr

3% Mar

2%

2%

3,200

2%

Sep

4%

9%

National Union Radio

Le

Jan

2%

9 Va

9%

200

6%

Feb

9%

National Transit common—

(Herman)

33%

Jan

July

Jun

7% May

14%

National Steel Car Ltd

4

May

6%
6

—.

;

5%

Jan

34

-

10

Gas

Corp

,r

Jan

Sep

"

15

1

common.

Netf

Haven

12 V* Mar

Jan

9% Mar

108

Jun

Jan

45

5%

1

common

13 Va Mar

6% July
Feb
Mar

Jan

3% Mar

600

2.80

6%

15

6%

200
200

12% July

16% Aug

Aug

6%

78% May

5%

Sep

4 % %

Clock

Mar

Ac

Watch

convertible preferred

New Jersey Zinc
New Mexico

Ac Arizona

Park

New

Process Co

Land

Mining Co
common

Co

X83

85

730

1

1

1

87 Va

Jan

Jun

3%

Jan

3

100

"England Tel Ac Tel

9% Jun

103-

Sep

9%

1% Mar

108%

"3%

1

Corp

New

.Iff

...

Sep

Aug

~2% July

II

New

Kimberly-Clark Corp—
4%*

Jan

Jan

13

9%

33

13%

II

Corp

May

127

40

800

1%

1

I

Nestle

3%

.Iff

17%

Jun

7

Neptune Meter common

3%
pfd.

Jun

25% July

325

ioo

t

1%

Feb

11%

4,200

•

Nelson

-

K
Kaiser-Prazer Corp
Kansas Gas A Electrlo

Sep
Mar

34

5,000
v

*

Midwest Piping & Supply common

Morris

Feb

15%

Mid-West
Miller

Jan

2%

Feb

3%

Jan

1

100

18%

Sep

38

Jan

100
100

27%

Jun

"5

Mfg & Stores common
National Pressure Cooker common-

100

Apr

Apr

2%

National

;■

Feb

14W.

Steel Products—

Mldvale Co

7%

3%

Apr

13

100

National Mallinson Fabrics

Jefferson Lake Sulphur Co..
Jim Brown Stores common.

Feb

13%

31

12% July

17

8%

Jan

2Bo

t c

*2 non-cum

c

July

6

10"%
13%

15%

;

preferred

National

jeannette Glass Co common.

jan

14 Va

10% Aug

,

Mountain

shs_*

6%

6%

1

Missouri Public Service common

11

Petroleum

100

3%

Co

Mining Corp of Canada
Minnesota Power & Light 5%

15%

80

11%

Feb

113

111% July

5%

1

Jan

Jan

Jan

Preferred 83.50 series

Sep

99

15%

Co

Aug

Jan

International

Feb

•

3

8%

International Metal Industries A

77%

Sep

-

18

Jun

3% Aug

10

Aug

Aug

..1

Jun

11%

Cigar Machinery
Hydro-Electric—

1%
88%

~i%

Feb

2

£1

International

Jan

Feb

1

Midland Oil Corp $1 conv pld

Feb

Jan

Imperial Tobacco of Great Britain

International

9%

%

23%

23%

•

Ac

Mfg

Midland

Jan

17% May
12% Jun

Insurance Co of North America

Jun

Feb

Monroe Loan Society

8

Jun

7%

19,900

1%

20%

100

8%

Chapman A Scott Corp—

Middle

Apr

47%

Apr
Jun

-

Jan 1

21

>■

15%

A Ireland

Aug

•

Middle States Petroleum class A

>
Aug
32% May
111% Aug

15%

...

Jan

25% May

10

:

Michigan Bumper Corp
Michigan Steel Tube
Michigan Sugar Co common
8%

145

Jun

1%

11%

300

-£l

Registered
Imperial Tobacco of Canada

Sep

Feb

Dredging

4.40%
common

Imperial Chemical Industries—
Amer dep rets registered
Imperial Oil (Canada) coupon

Mar

400

8%

Molybdenum Corp.
Monogram Pictures common
Monongahela Power Co—
Illinois

Aug

26

66%

common

Micromatic Hone

42% May

Jun

Feb

Jan >

10%

200

12%

:

2% Jan
43

3

15

Jun

fl

Participating preferred

Apr

43

common

Feb

Aug

25

& Co class B

Johnson

6%%

74

Feb ?:

106% May
17% Jun

1,700

3%

3%

10%

•

Metal Textile Corp common

Jan'

96

Jun

30%

200

32

108%

24 %

24%

2,200

Jun

16%

1

common

(A G)

Mesabl

11% Aug
11
May

3

200

•

1st conv preferred

Feb

May
8% May
48% Jan

1331

32%

9% Mar
18%

4,800

Warrants

12% May

7%

1,200

8

common

Hussman Refrigerator 82.28
Common stock warrants

Huyler's

9

■

3%

'

Apr

13 % May

10%
23%

3,150

common

Corp

McKee

Merritt

Apr

12%

Jun

Mar '

5%

£

Apr
Jan

Marine

Shovel

Mfg Co

Menasco

Feb

39%
8%

8%

•

preferred
A

9%

.10

llead

2%-July

Jan

8% Jun '

15

Horn A Hardart Basing Co
Horn A Hardart common

Jan

9% Jan
91
Jun

-

11

10%

7%

*

500

12% Aug /
39*
Aug

&

10%

Co

International

McWUliams

10% July

8% July
10% Mar

1

J.

Oil

Jun

23%

82.50 preferred

Jan

8% Mar

12%

•

Inc

Lock

9

22%

McCcrd

Jan

x50%

25%

Hurd

6%

100

88%

common

(The B)

Marlon

17% Mar 1

?

•

Humble

Feb

10%

•

Communication Co Ltd

9% May

44S4

10

Inc

Apr

6% Mar
23

Jun

99

I

Apr

.

.

60

l

common

(Harvey)

8%

Jan

10

Uto

Feb

Holophane Co

i%

Jun

5%
19

84%

1

Co

Sep

8

HubbeU

6%

100
200

1
Maine

Feb

100

& Co class A

Ac

400

5%

20%

95%

Macklntosh-Hemphlll Co

-S

12

2

common

A)

6%

20%

I

106%

4%

•

common

(Geo

Apr

100

Mapes Consolidated Mfg Co

Holllnger Consolidated G M
Holly Stores Inc

Hormel

Jan

13%

Jun

100

Corp

Manischewitz

100

A

Horder's

dep

Sep

46%

46%
1%

•

preferred w w
preferred w w

(R)

of

Aug

12

35c
common

8%%
4%

•

40

12%

8

Mining Co

Henry Holt & Co

5%

Jan

1

dep

28%

7%

1

Hearn Dept Stores common

Class

II

B% convertible preferred
McClanahan Oil Co common.

1

Heller Co

Jun

8%

10

100

Co-

Jun

13 Va

—

4%

•

Rubinstein

3%

2,200

11%

A.

Feb

102

430

—

Jun

7%

——

106% 106%

1

common.

Harvard Brewing Co
Hathaway Bakeries Inc

Helena

Jan

100

13%

Jan

'

25

Haseltine Corp
Hecla

13 Va

4%

12%

Apr

5

Electric Light

Hartfofd Rayon

•

,

Lynch

11%

„•

common

Aug

14%

Jan

Jun

39

8

Bridge Co Ltd

8% Aug

Feb

May

Jan

Jun

H
Hamilton

6%

II

Watch Co

ctfs

llassey

Hall

100

25%

preferred

Groceterias class

McAleer

Hammermill

July

25%

I

common

Jan

Feb

X28 %

—

23

Apr

23

5%

7

121 % 122

—•

Aug

12

10

11%

2,500

136

106%

Jan

12 Va

6%

62%

10%

121'A

100

Jan

10

10%

Jun

6

137%

25c

Feb

Jan

Jan

5%

Jan

Sep

100

•

States

8

6%

Inc

preferred

7%

Sep
Jan

5

39%

1%

20%

49% Mar

50

8

common

(R G)

Corp

Common

reo

uc

9%

x28 %

12%

Jun

800

4%

53%

46

——

25

Feb

1

2,000

1%

11%

6 % preferred B ctfs of
dep
Louisiana Land Ac Exploration
Louisiana Power & Light $6 pfd

3%

BreweryIIIIIII_2

Western

31%

Jan

Jun

6%

100

common

9%

11%

13%

Long Island Lighting

Jan

6%
10'A

3

18%

Class B

Jan

43

Mar

%

200

57

Jun

Aug

10% Mar

Tea—

r>«ner

orxwcery

Gulf

21

5,000

46

57

•

1

Pacific

preferred

Griesedieck

46

57

28
8

n-aqf

100

•

pfd

Gray Mfg Co

Non-voting

S/8

46

10
conv

Grand Rapids Varnish
&

31%

%

<*Va

50

common

Great Atlantic

31%

%

1

2

300

1%«

1

Locke Steel Chain.
Lone Star Gas Co. (Texas)

Aug

2%

.

Jun

'

Graham-Paige Motors 8%

7%

31%

•

class A

Mfg

35

— —

•

•

$4.50 prior preferred
Goldfleld Consolidated Mines
Goodman Mfg Co

1%

1%

Mar

•

Co

Lipton (Thos J) Inc 6%
Lit Brothers common

Jan

10%

1

17

10 % July

;

1

common..

Aug

Feb

10%

Material Co.

Loblaw
16

Realty

Tourneau

Llonel

Aug

12% July
9% Jan '

.

Le

Line

Aug

4

1,600

0

(Adolf) Inc

35%

i

Brewing

Longlnes-Wittnauer
Gobel

6%

Jan

l

Lefcourt

May

Jun

•

Inc

Jan

If

Lakey Foundry A Machine.
Lamson Corp of Delaware
Lanston Monotype Machine
La Salle Extension University

25

Glenmore Distilleries class B

3%
26%

~2%

1%

Lake Shore Mines Ltd

Sep

4

1% July
95

700

6

16%

16 %

Aug

3%

__

4%

5%

16 %

•

—

High •

1,309
75

,

"2"%

2%
11%

Laclede-Ohrlsty
Company
L'Alglon Apparel Inc

Jan

6%
8%

10

114% 114%
—

BVa

Jun

100

200

100

•

Yellowkmie Gold Mines

oiant

100

Jun

Jun

29%

30

2,300'

2%

2%

preferred..*
Georgia Power $6 preferred
•

Gerlty-Mich

7%
5%

100

4'%

•' '

9Va

-1

Krueger

Apr

7%

106

4%

88

preferred

1,300

35%

104

4%

50o

common

Public Service

100

%

6
__

1

General Plywood Corp

6

——

•

Phoenix Corp

7%

7%
6 Vb

1
10

common
6% pfd

General
General

,

£1

common
preferred series A

8 %

j

dep rets ord reg

General Finance Corp

Low

35%

23% Aug

General Electric Co Ltd—

j

35

Jan

22%

•

—

35%

Apr

'

25

6%

Mar

1

Range Since January 1

High

6

-1

Knott Corp common
Kobacker
Stores

Feb

300

89%

5

Shares

15

.88

Co common
Rubber Co

(IB)

Low

6%

King Seeley Corp..
Kingston Products.
Klrby Petroleum
Klein

Sales

for Week

Range
of Prices

Par

11% Aug
11% Sep

23 % Mar

150

Bale Prlee

Ktrkland Lake G M Co Ltd

i

Week's

Last

New-York Curb Exchange

High

8 %

30

10%

9

Friday

300

•

11%
A 9

8

EXCHANGE
SEPTEMBER

Range Since January 1
Low

11%

10 %

9

—80

preferred

conv

10%

1

.

(1007)

STOCKS—

Shares

High

11

11

1.28

rui

*•*%

j

I

Brewing Co

ENDED

for Week

of Prices

Par
»

CURB

WEEK

CHRONICLE

Sales

Range

Sale Price

Exchange

New York Curb

FOR

FINANCIAL

Mar

7%

Jun

400

20
28
1»

1
•

69%
7%

U

59%

60%

700

51

7%

7%

800

1%

1%

100

Jan

1

Jun

65

Apr

67

Jan

11%

6

Apr
Apr

1%
75

Jan

31

32

COMMERCIAL

THE

(1008)

CHRONICLE

FINANCIAL

Monday, September 12, 1949

EXCHANGE

CURB

YORK

NEW

&

*
•

Bale Price

Y

N

Y

N

Auction
&

Co

of Prices

Y

Aug

26%

Feb

5%

common—- ...i

Power

Central

North

Savoy

%

United

Oil

Bayre

49

Jan

Scnulte

(D

Utility

Inc

A)

11% Aug

Bcovill

flcullin

Steel

Jan

7%

Jan

8%

Apr

14

Aug

Securities

%

Apr

1

Apr

Seeman

37%

Jan

37

Jan

Begal Lock & Hardware
Belby Shoe Co
Selected

Co

RR

12

2%

500

3

27/a

*

N

Aircraft

1

5%

5%

57/a

Allotment

July

89

Feb

Jan

107

16 Vi

16 %

l63/4

5%

200

Sep

11%

Jan

Bemler

19

13% May

Aug

Sentinel

Inc

B)

Radio

Corp

Ohio

Power

Oklahoma
Old

class

4%%

Oliver

United

2%

6,100

37%

200

32 y2

112%

130

106%

Distillery

29%

30

O'okiep Copper Co Ltd Amer .shares

Sep

31%

Apr

9%

Sep

8%

Jun

4 %

Pacific

Lighting $4.50 preferred

Shoe Corp

Pacific

Power & Light
Public Service

Pacific

$1.30

1st

5%

pfd

Jan

Slck'8

227/a

Jan

9

Page-Hersey Tubes

common

Parker

Pen

Patican

Peninsular

9

I

Mills

Telephone

common

A

&

Polaris
Power

&

Prentice-Hall
Pressed

Metals

4%%
$5

prior

47

Mar

Aug

IV4

Jun

2% Aug

275

100%

Jan

106% May

4

Jun

104%

'

•

104% 105

"35

34%

250

35

54%

5l>c

500

10

400

U
14%

54%

10

10

"

U
14%

"«
1

7

18

14%
7

18

Jun

59%

8%

Jun

10

z% July

800

3V2

Feb

11

300

8%
24 %

Jun

18

Apr
Mar
Jan

15% Aug

57/a July

300

Jan

4% Mar

Jan

50%

■

100

18%

5% Mar
41 y4

,32% Mar
3

•

Jan
Jan

shares
\

"2%

"2%

\

RR

12%

50

8

700

2%

Jan

3ft Apr

1%

11%
39

400

1%

Jun

2%

12%

2,000

10%

Jun

12%

140

36 %

Feb

39

55%

Jun

69%

Jun

25%

Jan

59

59

59

330

17%

17

18

1,300

3%

3%

3%

common

2.50

common

"5

5

6%

"5

Apr

Sep
Mar

.

~J2

50

32

8%

32

8%
11

I

~i

~1%

2,400

10

Colora'do^"
preferred

10

_

-

Manufacturing

100

100%

III—•
_o

^

75

6%

6 %

10

11 %

1%

Jan

8%

Jan

Jan

10% Jan

Jan

96%

preferred

96%

.100

Quebec Power Co

97%

Jan

76

88

Sep

19%

3%

3%

1,700

3

2%

2%

100

2

%

%

1,100

May

Jun

9

Mar

700

5

Jun

170

85%

Jan

143 y4

Apr

13 y2

Jan

5

Jun

4%

Jan

Jun

\'i

Apr

Jan

%

8%

;

Jun

13%

Jan
Feb

8%
2%

Jun

11%

400

2%

2%

Jun

3%

Apr

21 y«

200

19%

Aug

22%

Apr

14%

15%

2,900

10%

Jun

15%

Sep

63

63

63

53

Jan

107%

300

107% 107%

130

15%

15

15%

13%

13%

13%

300

"37/a

63
Sep
109% July

105% Mar

1,125

300

15

Sep

20

Jan

11%

Jan

15

Aug

«...

14%

"

3%

Jun

16

May

3% Jun

4%

27

mm

1

6

Jan

29%

5%

6%

May

Apr

1,500

5%

Jun

7%

Jan

110

220 %

July

236%

Jan

•
•

—

"loo
—

231

223% 231

£1

2%

—100

2%

200

2% Mar

__

3%

Paper Mills

12%
,,

S::

Jan

7% May

Aug

99% Aug
155
Aug
14% May

Manufacturing common.
Coast Corp common

South

Oil

Penn

Southwest

Pa

Southern
5%

10%

16

cum

preferred
preference

preferred.

.

-

Spencer Shoe Corp

(Ky)__

__

29%

1,300

26

30%

500

2%

2%

700

Feb

30%

Sep

26% Mar

29%

Sep

23 %

300

— -

26% July

July
Jun

6%

3% Apr

400

3% Jun
% Jun

4% Jan

%

1

Aug

8%

3,300

5

Jun

8%

Apr

17%

17%

50

16

Jun

21%

3%

3'/a

200

——

3%
•»«.

—

—

...

8%

8%

Jan

16%

2,400

1%

Jun

& 2

8

—

mrnrn

V
300

3%

300

2%

2%

200

Jan

Aug

2%

Apr

2%

112% Jan

7

3

3

10%

Feb

v
•

6%

May

32%

Feb

1%

6,400
'

19

Jun

1%

146

Packing Co common
Raymond Concrete Pile common

Shoe

10

8

Co

Richmond Radiator
Grande

(Texas

Amer

I__I

t

v

c

.

1

7%

Jan

3%

Feb

2

Jan

2 % Mar

3%

3%

200

2%

Jan

73%

73%

50

67%

Jan

22%

22%

100

19%

Jun

—

a
a

& Co common
com

;

~1
1

~7

_

1%

10%

10%

1%

1%

1%

Y>

mm

8

Stop & Shop Inc

—1

V•

16

mm

common

12

—25o

Superior Tool & Die Co

inii

Swan Finch Oil

....

50

—13

Jan

15

7% July
1% Aug

2% May

mm

15

1

4%

9% July

12%

Jan

% Mar

2%

Apr

200"
100

12

mm

mm

Drug common
Superior Portland Ceraent, Inc

16

Apr
24% Jan

% Mar

P-

.

a

Sun Ray

1,600

4% May
75

97/s May
5% Jan

'

1%

10%

a

common

Corp

100

"7

1%

10%

Feb

10 %

4%

'

13%

Jan

5%

Jun

50

20%

200

55%

50

5%

5%

Corp

May

Jun

1

Mar

21% July
16 y8

Jun

4%

Field

Tampa Electric Co
Technicolor

Tllo

3%

%
—

'

"

3%

300

%

%

100

18%

18%

25

I

Inc

Power

&

Shovel

Co

new

Corporation

Tishman
Tobacco

1%

1%

500

5,200

13

5

Inc

400

15%

11

-25c

Construction-

&

Allied

Stocks

:

1
•

13%

13
'

"

3

Jan

Jun

11

Mar

26

Jan

10%

30% Aug

Jan

15%

96

95%

96

90

7%

Jan

5%

Ave

For footnotes

HI"!

1%

8%

9%

400

3
•

May

400

13

Sep

17%

Jan

8% July

11

100

12%

100

8

100

128

13%

Jan

Feb

12%

Sep

7% July

10%

11

1%

400

10%

Jun

13% Aug

70

•'

13%
72

120

52

Jan

72

Aug

8%

5%

6

Tri-Continental

Tamper
Trunz

%

200

40%

40%

100

_7 JC

1%

1%

98%

1% J

600

3,400

1

•

3%

3%

1

5

4%

33.

5

45/a

5

4%

*5

900

Jun

300

1%
91%

6%

Jun

Jun

Feb f ■;,

Feb

U

,'V.
.

60

Jan

•

Jan

2% Mar

98%

25

%

7/S

500

ft

Jun

3%

3%

200

3%

Apr

4%

2%

warrants

2%

2%

2,700

2%

Feb

2% Mar

1^%

Jun

18% July

21

Aug

mm

'

*

Corp

17

preferred

IIIi
•

98% Aug
Jan
Jan

17

200

24%

Jan

5

5

200

3%

Jun

7%

Jan

9%

9%

9%

100

8%

Jun

11%

Jan

1%

Apr

3%

Jan

„

com

Jan

5

•

Inc

convertible

%
X39

3%

——

1

1

_

Tung-Sol Lamp Works
80c

3%

__

%

20

Jan

1%

Jun

25%

mm

Jan

U

Jan

27/a

Apr

2%

Jan

89

Jan

99% Aug

Jun

27

8% May

x67/a

Jan

Aug
Feb

5% Aug

6%

Petroleum




Corp

••

6a

Jan

217/a

20 %

8%
•

Co

page

Lux

—£1

Jan

13

4y8 Mar

% Mar

Xl7y8 July
19% Jun

4

1.25

common

see

Trans

Ulen

Realization

.100

Corp

Chemical

Union Gas

of

1%
2%

100

1

Jan

2%

100

1%

Jun

11%

Corp

12%

1,000

7%

Jan

6%

Jan

92%

1%

3

Canada

Jan

—

Jun

10

5%
37

$3.75 pfd series A

98%

Products

Feb

United

Chemicals

Apr

United

Corp

98%

125

_2%

"~2%

700

mm

corn-

common

——

warrants

Feb

United
United

Corp
Light & Railways

United

Milk

Feb

4% July

6%

Jan

1,300

3%

Aug

57/a

Jan

1,200

3%

Jun

5% Mar

75c

Elastic

Products

participating

Jan

99

Aug

53% May
1% Jun

58

Aug

32

40

May
Va

3,900

8% Aug
6% May
10 y8

13% Aug
6% Apr

Union Oil Co of California—

United Aircraft

s

common

Rvan Aeronautical
Ryan Consolidated
Ryerson Az Havnes

Shipyard Corp common
Toklon Royalty Corp
Toledo Edison 4Y4% pfd
Tonopah Mining of Nevada

Jan

18%

Rowe

Filth

dep rets ord regis
dep rets def regis

Sep
Feb

May

11

8

Jun

120

12%

'

mm

2%

30

Union Investment Co..

!_in

(The) Corp common
Royalite Oil Co Ltd—..

Sep
Apr

Jun

1%

1%

Jan

Aug

800

30%

122 % 123

s

common

2%

14%

15%
122%

1

Realty
&

2%

18

14

—

30%

*

pfd— IIoo

common

Markets

2%

•

common

common

Light 1%

Unexcelled
1

Jan

Apr

7%

—

Roofing Inc

Jan

20%

2% July

>

g

Inc
Co

26

56

£i

common

Rotary Electric 8teel

Russeks

19

52 % Mar

3,200

Jan

Sep

16

a

Union Stock Yards of Omaha—

dep rets for ord reg

Roosevelt

Jan

Valley Gas Co—

Corp)

Cable

24%

20

~5%

1
s
•

Rochester Gas & Elec 4%
pfd F____ 100
Roeser & Pendleton Inc
common
•
Rolls Royce Ltd—
Rome

24%
20%

3%

(Robert) & Co
II
"
Reliance Electric &
Engineering
Rice-Stix Inc _l

tt Jan

15%

50

„6.2B

Rels

Rio

% July

21,900

55%

•

common

Reading Tube Corp class A
Regal

18

%

preferred

Manufacturing

32

~

1

Rath

$3 convertible
Raytheon

%
18

Apr
Aug

57/a July
2% Jan

'

Todd

%

in

Feb

4% Mar

28% Feb

'■'■"mm

mm

1

——1

2%

100

31%

2
'

Corp

,

mm

30%

31%
1

...

Co

Sterling Aluminum Products
Sterling Brewers Inc
{Sterling Engine Co
Sterling Inc

Amer

warrants.

Jan

Jaa

39

2Va Mar

%

20

Corp

81 Co

May

4

7%

mm,

Co

Apr

26

—

a

(Hugo)

May

29%

Mar

%

1

Steel Co of Canada

(S)

2d

8%

Standard Tube class B

Stroock

27%

300

2%

_

Standard-Thomson

(J B)

200

30%

_

_

Standard Power & Light com
Common class B

Products

Jan

45

Jan

29%
30%

„

10

Dredging Corp common
$1.00 convertible preferred
Standard Forgings Corp

preferred

Jan

18

1

Standard

Stetson

May

3% July
36%

2.78

Co

preferred

Stinnes

14

mm

Brewing

(A)

100

Jun

•

Standard Cap & Seal common

(The)

16

Jun

2%

25%

«...

•

Btahl-Meyer Inc

Starrett

Jun

6%

29

5

Royalty Co

Standard

25

29%

29%

1

Southland

Oil

Aug

800

1,100

30%

25

Southern Pipe Line

Standard

9

8%

30%

37

29%

.25

preference

Convertible

Feb

15

25

Standard

Jan

8%

25

conv

cum

Apr

1%
3%

600

23

original preferred

4.32%

3

„

30%

10

4.56%

conv

12%

Edison—

4.88%
4.48%

26% Mar

Jan

Vo May
2% Jun

800

297/a

1

12.50

Pipe Line

California

Jun

8%

3,lU0
%

3

1

—

common

11

'US

—1

Bouth

Amer

R
Railway <fc Light Securities—
Voting common
Railway & Utility Investment'^!

Feb
Jan

25%

__

1

Corp

93

Aug

'

10%

Boss

«...

*

Manufacturing Co

Sonotone

87

—

Tobacco Security Trust Co Ltd—

Aadlo-Kelth-Orpheum option

Jan

101% Aug
21 % Jan

11%

20

154% 156

100

Jun

a

preferred

Ltd class B

Thorofare
common

88

«...

(Howard)

Thor

Oats

Sep

88

•

{Solar

Thew

8%

85

15

Publications-

Smitn

Texas

Quaker

Jan

72% May

101% Aug

150

6 %'

Jan

Jun
Jun

94%

«...

~9%

10

Jun

Jan
Jun

95%

—

•

_

com

common

8%

9%

Llght-^

preferred—

38

Feb

1%

—

100

loo

Jun

7

'

9

Apr

Jan

8%

200

1%

Jan

14%

7%

300

11'/a

1%

•

8%
95'/a

26

50

8%

Jan

13% May
5% Jan

91V2 July

mm

32

Jun

4%

y

5% Aug
11
Jun

3,600

•

_

Jan

4%

100

6%

5%

Jun

11%

400

3%

150

*

Singer Manufacturing Co Ltd—
Ainer dep rets ord regis
City Gas & Elec Co—
3.90 % preferred

Stein
1
10

Feb

3,400

2%

•

Ltd

Breweries

Feb

14

39

Jan

1% Aug

Bloux

$7

"3

1%

j>0

common

Puget Sound Pulp & Timber
Pyrene

Jun

300

—

Co

Jan

Apr

9% Aug

"lOO
_"~2 50

Co

&

5 %

Jan

27/a

America

Power

80

7

"loo

of

Jan

41

150

2%

common

of

Pyle-National

44 %

2%

Co

cumulative

Puget Sound

44

•

Co class B

Service

Jan

100

11,200

Providence Gas
Public

3

...

Jan

15%

Jun

3%

9Va

.

Producers Corp of Nevada..

Prosperity

50

1%

24 y2

May
y4 Aug

8%

II~25<T

Inc

10

8%

common

Lambert

19

100

29 y2 Mar

1st preferred
&

200

11%

Jan

25%

Erie

Corp of Canada

8%
Pratt

21%

11%

Jan

Apr

«

Alexander

17

Apr

21

3%

11%

Jan

Mining Co

Powdrell

Jun

21%

Jan

4

Jun

6%

27%

common

Lake Erie

Scale

1%

9,800

23%

common..

Pleasant Valley Wine

12,100

7%

M

Metallurgical

Pneumatic

2%

Apr

50

common

Lake

2%
7%

"j

Johnson Ltd Amer
Pioneer Gold Mines Ltd

Pittsburgh
Pittsburgh

38%

100

III—2I0

&

May
July

25%

pfd—

Pinchin

Pittsburgh Bess

Mar

26

28%

(Mass)

Piper Aircraft Corp
Pltney-Bowes Inc

38

98
19

Jan

25%

common

Philadelphia Co common
Phillips Packing Co
Governor

38

Jan
Feb

37% Aug

200

i

Perfect Circle Corp

Pierce

94
15

'

100

18

28%

*

?{r? & Rubber

103% Aug

Jun

23

Penn Water & Power
Co— IT"

Pep Boys (The)
Pepperell Mfg Co

Sep

III__23
2

Power & Light 4Va%
Traffic Co

Penn

100y2

2%

•

common

Penn Gas & Elec class
Penn

33%

•

2

Corp

36% Aug

Apr

23%

"i

Ltd

$1 cumulative preferred
$1.32
cum
preferred

Pennroad

Aug

29 y2

14 %

~

& Reel

Plymouth

Co

32 y4

100

7%

Co

Parkersburg Rig
Patchogue

SLZ~m

Jan

300
900

18

•

Pancoastal Oil (CA) v t c
Pantapec Oil (CA) Amer sh_
Paramount Motors Corp__

8%

6% July

7%
33

•

•

17%
16%

2,250

'jr.'-;

•

Canada

Simmons-Boardman

Jun

—III*

Jun

Jun

20%

Silex Co common

Aug

Jun

6%

35 %

100

com

preferred

2V4

15

2%

Mar

12%

100

July

<

25

of America class A

14

7%

103% 103%

Jun

12%

%

100
of

14

33

•

%

150

•

preferred

Apr

35%

35%

3,900

Apr

19%

LIIIB

Singer Manufacturing Co
|

1%
14

Jan

Jan

2

'

Simplicity, Pattern common

23

19%

Aug

300

.

85

1

common

8herwin-Williams

Simpson's

23

Jun

1

16%

1,100

15%

Sherwin-Williams

$3 convertible

Pacific Can Co common
Pacific Gas & Elec 6% 1st
pfd
5Vfc%
1st preferred

10

200

3%

Sheller Mfg Co

Aug

300

8%

8%

112%

800

15

15

l

28%

300

1%

common

11

'•

;

15

Securities

Leather

11

mm

1

Overseas

Feb

100

•

Omar Inc

Sep

40% Mar

Jun

27% July

2,000

9%

9%

1

class B

112%

112

2%

Feb

2%
37%

29'/a

20% July

14%

2%

1

Shawinigan Water & Power

:.V 2

2%

100
15

Gas

Filters

'

37%

common

preferred

Natural

Poindexter

B

2% July

;

85

1

common

Shattucx Denn Mining

•

—50e

common
Co

}

18%

1

...

Corp

Control

Saiety

Be ton

O
Brass

Jun

2%

—

Serrick Corp class B

Ogden

Jan

Jan

1

1,900

19%
.—

certificates

(R

Sentry

Ohio

2%

3%

Aug

900

«

Inc

Corp

1

—25

common-

Jun
Jun

16%

16%

5

stock

101%

5b0

105'/a 106

105%

Inc

stock

$5.50

82

pfd .100

5%

Industries

Convertible

Apr

2% Mar

1%

2%

— rn

25

1%

Jan

100

1%

13%

Jun

Jan

1%

1%

2y3

Jan

11%

13%

13%

3 Va

Jan

19%

Jun

24%

—

•

15'/a

prior

1%

1%

j

Jan

2va

8%

Juc

4%

•

1%

•

_

3% May
14%

---

3,900

__

!! Hi

Inc

Bros

;

1% July

1%

•

common

Feb

700

.50

Indiana Pub Serv

Co

Corp General

10'/2 July

1%

11%

12

...1

Apr

High

'

25

9%

6%

—

.:

I

Manufacturing

9 % Mar

200

1,100
I

—

5%

—

1

.

common

4UU

Securities-

Oil

1

Brick Co

2,000

Mar

Range Since January 1
Low

5%

—

6

—25t

(Del)

87/a

28%

Shares

High

5%

—

1

Corp common

Inc

& Fisher

5%

1

common—

—

11%

28

Northern

rihrop

Feb

Bamson

Aug

98

Ltd

600

Texas

Noradel-Agene

13% Sep
101% Aug

Jan

Corp

prelerred

conv

12 V*

A

class

Airlines

Penn

Lawrence

8%

11%

87/e

Rayon

American

North

St

Salt Dome Oh Co

12%

11%

common

Northeast

Jan

94% Mar
y8

Mines

American

North

7%

100

.100

Nineteen Hundred Corp common

Class B

Feb

Apr

92%

Nfies-Bement-Pona

North

13%
20

58.800

13'/a

101%

preferred
2d preferred
5%
Class B optional warrants
Niagara Share Corp common

13%

101 'A 101%

13 %

.100

1st

Niplssing

Jun

1st

__1

Low

Aug

Jun

Corp—

Pounders shares..

Niagara Huaaun

32

10

150

103/4

Par

for Week

of Prices

8% Jan

15%

10%

Shipbuilding

*

y Sales

Range

Sale Price

Exchange

High

Low

7%

Merchandise

Y

»

Range Since January 1

Shares

High

-10

Rosarlo

New York Curb

Week's

Last

STOCKS—

•

common

Honduras

for Week

Low

Par

N

Sales

Range

Last

New York Curb Exchange

SEPTEMBER <J

ENDED

Friday

Week's

Friday
STOCKS—

WEEK

FOR

RANGE

3%

Jun

Jan

Aug

ft

Jan

257/a

29%

preferred

29%

29%

20.000

7%

common

7%

8%

300

18

18

80

Jun

30% May

21

Feb

30% May
10% Jan

7% May
15% Jun

21

Mar

United Molasses Co Ltd—
Amer

dep rets ord regis

United NJ

RR &

Canal

3% Aug
100

241% 241%

20

241

July

4%

Feb

246%

Feb

170

Volume

Number 4837

THE

COMMERCIAL

NEW

YORK

Low

United

Profit Sharing com

10%

25c

preferred

United

Shoe

Machinery

S

Specialities

and

$5
U

Jun

1%

Apr

7%
52Vs

Jan

48%

1,575

40%

400

37%

Jan

6%

Jun

i

74

8%

8%

100

10c

1%

1%

1%

4,500

13%

133/4

14%

600

12 y4 Mar

8

3

preferred, with warrants

•

...

3

3

85

85

2%

200

60

73

Jun

100

3%

Jun

6Va

100

1

Jun

1%

1%

Insurance

1%

48 74

4974

300

Jun

26

*2%

"2%

600

2

Feb

237a

48%

2374

300

21

Jan

Aug

x25%

1947 coupon

1

43/4

Venezuelan

5

Syndicate

:

-'mmmrn

63

200

63

'""■28%'

S"'"'

4%

4

Jun

6%

10

63

Jun

71

50

25%

Jun
Jun

27a

Manuafcturing

7a

2%

900

$ 103% 110

F-A

$100% 103%

1963

A-O

1967
1961

MS

1968

A-O

1971

A-O

47as_
England Power 3 74s
1st mtge

3 74s

1st mtge 3s

Co

10 y#

•

123/4

Aug

Service

50-year

Jan

Elec & Gas

6%

Waltham
Ward

Watch

1%

Aug

l7/s

7% July

9%

Jan

109

"l%

~1%

1,200

8%

93/4

850

Co

t

v

c

1

i

w

Aircraft

1
1.25
West Texas Utilities $6 prefe#ed
•
Western Maryland Ry 7% 1st pfd__100
Western Tablet & Stationery com
•
Corp

«

%

200

% July

8%

500

6% May

150

Wichita

River

•Wickes

Oil

(The)

Willson

Products

115%

Woodall

Woolworth

(F

21

21%

225

20 Vb Mar

22

157a

157a

100

14

Jun

May

23/4 July

7%

8

500

7

Jun

9

6%

250

5%

Feb

8

8% July

10

1%

100

5

Jan

—

2972

29%

13

13

13

5s
£1

.

«•«*

,V

Interest

1970

or

Friday's

Bid & Asked

Steel

States

$106

108

106

108 3/4

Q-F

$165

$103% 1033/4

160%

J-J

96%

96%

89%

107% 107%

3

1958

A-O

103%

103% 104%

MS

107%

107

(Bait)

95%

J-J

101%

9274

45

P__—±

15

1027a

1043/4

1073/s

12

106

107 %

95'/2

377

87

104 %

106 3/4

$103% 104%

993/4

A-O

5

99%

103%

67

102%

106 %

103 % 103%

Af-N

(Bait City)—

of

—

105

106%

$11178

A-O

Elec

M-N

1965
1956

5s

54

54

49

63%

May

—1993
1993

437

39

32 3%

48%

100%

J -J

100 3/s 1003/4

963/4

25

$117% 118

M-S

116

54

33

1003/4
117%

Mfg Co—

1953

41

$30

6%s

5s

ex Nov 1 1947 coupon
Residential Mtge Bank—

Green

Mountain

Guantanamo
6s

ser

Ry 4s
Power 3%s

& Western

(coupon

A

J-J

Indianapolis
A6%8

Power
Power

J-D

103

1

Lt

1941

103

2

102%

J-D
F-A

46

40

16

58
46

104% 104%

2

103 %

10674

583/4

5

32 74

108
109

West Penn Traction 5s

1960

J-D

11974 119%

1959

F-A

102

Western

11874 119%

1

102

100 Yi,

103

the daily closing averages of

J-J

1952

1952

:

/

(Col) —
April 1946
A20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
:
1948
Agricultural
A

Danish

Indus¬

Rail¬

Util¬

trials

roads

ities

—

3

-

Sept.

65

Stocks

or

High

$71%

A-O
J-J

Bonds

Jan. 1

Low

No.

High

J-D

71%

71%

71%

3774

1

71%

447a

45

Cons

Municipal Loan—
572S_^_!

1955

M-N

817a

82

6

External

5s——_i-.

1953

F-A

80

82

14

1952

J-J

$6%

9

6%

M-S

$137a

16

13%

15%

M-N
J-D

$27

29

247a

29

$44 7a

46

37%

44%

41%

.45%

Danzig

—

81%

7074
70

Port & Waterways—

AExternal 67as

stamped—

City (Peru) 672s stamped-1958
stamped (Plan A)
Interest reduced to 27aS
2008

83 V*
f

82

12%

Maranhao

AMedellln

7s

_1951

stamped

Bank

of Bogota—
(issue of May 1927)
(issue of Oct 1927)—

Mortgage
A7s

1947
1947
1931
1972

Parana

2008

to

J-J

1997

27es

J-J

(ser A B C D E)

(Plan A)
to 2%

reduced

Government

672s

2012
1919

173/4

77.

$313/4

J-J

6174

31%

v

157a

29

18%

24%

15

173/4

17%

80

26%

'

34

$277a

J-D
M-S

1921

Interest

__

$73

Rio de Janeiro stamped

A5%s

—

$30

(Republic of) —

Is to 272S

„

$483/4

A-O

J-D
J-D

stamped (Plan A)

Interest reduced
Peru

$4874

M-N

Mortgage Bank of Denmark 5s

29

2%

2%

4

2

3%

23/a

2%

32

2

33/,

♦No
Odd-lot

par value,

a

transaction

Deferred delivery transaction (not Included in year's range),
d
(not included
in year's range),
f Ex-distrlbution.
g Ex-stock

principal,
n Under-the-rule transaction (not included in year's
(not included in year's range),
x Ex-dividend,
y Ex-rights,
z Ex-liquidating

A

Bonds

sales being transacted during

3174

60

60

3174

60

63

37

62

tlve; "conv," convertible; "M,"

58%

32

593/4

"w

SReported in

receivership.

Abbreviations

used

Second

Indus¬

Grade

Grade

Util¬

Rails

ities

divid nd.

Rails

Closed

-

1," when issued;

mortgage; "n-v,"

"w w," with warrants;

Total

non-voting stock; "vtc," voting trust

"xw," without warrants.

Quotation Bureau, Inc.
Range for 1949

Closing

40

Sept.

3—

Sept.

Bonds

certificates,

.

Over-ihe-Counter Industrial Slock Average

Date—

5_

Sept. 6——

__

Closed

Holiday
__

.

.....

(35 Stocks)

Closed

Holiday

Holiday

10

hRxc

deposit; "cons," consolidated; "cum,' cwnw»;

10

First

div.

current week.

'

above—"cod," certificates of

Compiled by National

10

Et-Intercrt.

being traded flat.

327a

representative stocks and bonds

trials

Range Sines

Sold

—

$44 7a

717a

High

33.26 Jan 24

Low

27.79 Jun

15

31.99

—

Range for 1948

32.00

179.20

45.40

36.83

63.65

102.93

104.73

84.88

105.50

99.51

Sept. 7

Sept.

32.05

High

Sept.

46.02

37.00

64.11

102.96

104.66

84.54

105.69

99.46

Sept. 8—

180.21

32.15

Low

180.53

45.85

37.23

64.20

102.96

104.74

84.50

105.71

99.48

Sept. 9

Sept.

180.24

45.59

37.55

64.17

102.93

104.88

84.05

105.83

99.42




Friday's

Bid & Asked

External

60

—Bonds—

Total

■

Mortgage Bank

20-year 7s

63

10
15

Sale Price

Period

Low

59%

-Stocks20

Last

Interest

:

Exchange

the New York Stock Exchange as compiled by Dow, Jones & Co.

30

Week's Range

Friday
BONDS
New York Curb

$58

are

9

1

Newspaper Union—

6s conv s f debentures

•

58%

Stock and Bond Averages

Sept.

92%

8272

10

89 Va

105

$58%

Below

Sept.

897a

89 7e

1063/4

$58%

coupon)

Date-

50%

$104% 105%

$58

1957

1941

on

54

$30

$1063/4 107%

$Friday's bid and asked prices; no

(July

listed

$4972

1956
1956

coupon

A-O

103%

4072

49

$57%

1955
1955

coup)

series F

A 7s

59

102%

58%

104%

M-N

1970

3%s

coupon)

A7s

2

J-D

Sec—

1941

(Aug

99%

44 %

46

—

series E

A7s

2

$47 7»

—

1957

(Dec

30

287a

50 %

5072
$30

M-S

p

1958

on)
&

100

RR—

C

series

A6%s
A 7s

52

1964

65

103

100

Ex-coupon market

International

52%

63

100

M-S

1963

Western

Trunk

1940

debs

income

A Russian

$59

1961
1950

stamped

Grand

1

1

AMortgage Bank of Chile 6s__

A6%s with Nov 1 1940 coupon—1953
A

18

«—

1954

111% 112%

-

$49

Finland

Dec

Penn

A 7s

Division—

J

Lt & RR

Water

52

2030

-

1954

N

4s ser B
Eastern Gas & Fuel 3%s
Marelli

72

18 V*

5s

10l3/4

103%

1981

—1962

mtge

Ercole

128

63

1

44%

$43

A-O

1946

A Lima

4%s__

Elmira

95 Mi

123

1
—

Electric

A 5s

West

95%

93%

$105% 106%

J-D
J-J

1969
—1976

mtge 4s ser A

A 1st

43

7674

—

Washington Water Power 372s

107%

Delaware Lack & Western RR—

1st

75

43

43

J-J

—1946

1947 coupon
Waldorf-Astoria
Hotel—

104 s/8

105

—

1st ref 2%s series R

Gas

1037a

97

100% 101

Pwr

&

165

100 s/a

175

107%

2%s conv debs

mtge

128

$68

—

106 3/4

J-D

1977

Lt

Lackawanna

ex

103

1057a

——i_1969

ref mtge 3s ser

Gen

with Dec

108%

106

101

1st ref mtge 2%s ser Q—

Consolidated

128

mm mm

High

105%

106

M-S

3s

1st

1

M-S

—L

5s

Gas El

A-O

—

Jan. 1

Low

No.

1966

Jan
~i.

Debenture

101%
1063/4

1047a

——

80

Apr

1007a

J-D

1948

Debenture 5s

Consol

$777a

Range Since

Sold

„1954

j,

5s__

Debenture

993/4

—>-

-

$106% 107 7a

Foreign Governments & Municipalities

107% 107%

1998

debentures

Service

~2-fo

Corp—

debentures

5s

$ 100 y2 10174

8 3/8 May

Jun

Bonds

High

1970

6s

23/4s.
Electric

5s

Cities

J-J

—1900

O

Edison

10674

Jan

Jan

M-N

1964

City Electric 3%s—
Telephone of Canada—

Boston

14

105

103 7/«

—

Electric Service Co—

Week's Range

Last

J-D

1955

5J/2s A

deb

Atlantic

Bethlehem

Jan

10% Aug

2.900

Sale Price

Period

Appalachian Elec Power 3%s

Central

107/a

104

1

$10674 1087a

■

m-mm

A-O

1966

Industries—
stamped

'2nd

A 7s

Apr

33

104 V4 10474
—

114
1067a

10574. 106%

—

Corp—

A 7s

1043/4 Mar

Jun

x6%

2'/a

Low

series

Feb

""""

2

-—*

-

New York Curb Exchange

5s

May

15% Mar

Jun

300

Friday

Bell

23%

300

—

101

Ltd—

W)

Tel

Jun

8%

8

common

19

Apr

98

—

100

BONDS

&

27/a

—2

-

receipts
preference——.

Tel

15% July

13

*

pfd

—

United

Jan

~3%

600

$106 7a 1063/4

Hydro-Electric Co—
A672s with Aug 1 1940 coupon—1953
A 6 72s ex Aug 1 1947 coupon
1953

Apr

1672

M-.V

3

Terni

Jan

674

100%
1097a
1033/4

112

105% 1067a

105%

1597a

104%

(Hugo)

A7-4s

153/4 Mar

2

27%

_25

Wright Hargreaves Ltd

Assoc

Jun

Apr

25

16%

American deposit
6 %

Jun

Stinnes

Jan

31%

F-A

—.—1950

3rd stamped

Feb

36

31%

217a

1

472 %

Inc

Petroleum

Woodley

26

rr

1

& Lt

Pwr

Industries

155

674

Inc

preferred w w__
Winnipeg Elec common—;
Wisconsin

Jun

J-J

1989

5s
trust

(Hugo)

A7-4s

A-O

1970

1487s

—

374s

Corp inc 5s

collateral

Stinnes

Feb

Jan

2l>/« Jun

16%

common

5%

AStarrett

Elec

&

F-A

1971

Gas

J-J

1970

374s

(Calif)

3s—

Spalding (A G)

Sep

•

& Co~„

Brothers

Wilson

87/a

10
—.5

Corp

Corp—

Williams (R C)

1st mtge

Gas

51

1017a

13

$99

$110

MS

M-S

1973

3s

B

ser

Counties

Southwestern

1% Apr

138

30

1

& Co

series

California Gas

5s

1067a

26

54

$102% 1047a

M -N

1965

A

Jan

112
149

1

(Wm)

4%

Feb

3/4

—

..10

,

Whitman

2%

93

—

10574 106%

1597a 1597a

—

A-O

1952

6s B

Edison

Southern

2% Jan

1% July

4,250

874

—

20

Weyenberg Shoe Mfg.

2,600

43/8

%

Wentworth Manufacturing

Westmoreland Inc__

1%

3%

J-J

1973

Joaquin Lt & Pow

Southern

10% Jap
1 % July

106%
967«

103
105 3/fe

$10574 10774

—

$30

1998

California

Mar

111

Jun

l3/a
4%

Westmoreland Coal

Mar
18 May

6%

1057a 108

—

$1053/8 10774

$49

Safe Harbor Water Power Corp 3s_1981

Apr

500

93/4

Baking Co warrants

Warner

100

874

1
——

—

Co—

debs

1st & ref M 3s

1%

~1%

65

103% 105%
1047a 106 7*

—

1067a

$96%

J-J

Queens Borough Gas & Electric—
5%s series A
1952

Jan

874

—1

preferred—!

cum

57

~3

Hydro-Electric

37as

—30

Waitt & Bond Inc
$2

•

—

10572 105%

J-D

1970

Public

Jan

3

1%

8%

1087a 109%
100
102

62

$105

Co—
A67as with Oct 1 1940 coupon—1960
A67as ex Oct 1 1947 coupon
1960

W
Aircraft

40%

10272 105
—

1047a 104%
$104
1067a

1047a

J-J

Lexington 1st mtge 3s

Southern

Waco

$60

M-N

1964
Pennsylvania Water & Power 3748-1964

San

Wagner Baking; voting trust ctfs ext.*
1% preferred—
>»«.».__....._.«_100

105

$103

J-J

Apr

5%

1% May

__

37

J-D

Park

34 V4 Mar

3%

4

1

37

1969
1956

Ohio Power

Jan

2,300

28%

3%

—I—20c

Inc

43%

52%

21

$30

-

J-J

—-I960

New

Jan

!

•

Petroleum

Venezuela

Vogt

II

!

$4
convertible
preferredVanadium-Alloys Steel Co

''

823%

27%

—

3 72s

V
common

54

1963

374s

Corp

$4972

1952

Superpower; *s__

Piedmont

Valspar

High

62

53

Feb

21%

237a

•

common

July

24
—

5

Nov

ex

Milwaukee Gas Light

Jan

5072

35%

10

10

common

2%

Feb

823/4

Midland Valley RR—
Extended at 4%
to

2% Apr
24% May

1% Aug

500

.

82

J-J

Kansas Power & Light 37a8
McCord Corp deb 47as

Jan

10

8172

Jan. 1

Low

No.

.

ctfs

Kansas Electric Power

Jan

1%

50c
Oil

A 7s

Altalian

Sep

85

;/■

33/4

1%

-

Range Sines

Sold

High

t

3% Aug

33/4

Co—

escrow

Isarcd Hydro-Electric Co—
A7s with Nov 1 1940 coupon—1952

16 % May

Feb

Power

ADebenture

Jan

1

United Stores Corp com
Universal Consolidated

Utah-Idaho Sugar
Utah Power & Light

1%

1

common

Rybber Reclaiming Co

Universal Products Co

41% Aug
8% Feb

% July

1

Corp

Interstate

Jan

47%

•

Universal

%

Bonds

Friday's

or

Bid & Asked
Low

4% Aug
42% May

40

Securities

Radiator

100

473/4

common

International

1st

S

U S

%

Week's Range

Last
Sale Price

Period

>

High

40%

common

25

U S Air Conditioning
U S Foil Co class B
U

Low

10

Preferred
United

%

—

New York Curb Exchange

Range Since January 1

High.
-

Interest

BONDS

Shares

33

EXCHANGE

for Week

of Prices

Par

(1009)

Sales

Range

Last

Sale Price

Exchange

CURB

CHRONICLE

Friday

Week's

Friday
STOCKS—

FINANCIAL

RANGE FOR WEEK ENDED SEPTEMBER 9

V

New York Curb

&

37.83 jun 10

1*1—

32.37 Dec 29

. .

..

34

COMMERCIAL

THE

(1010)

CHRONICLE

FINANCIAL

&

Monday, September 12, 1949

STOCK EXCHANCES

OTHER
RANGE

WEEK

FOR

SEPTEMBER 9

ENDED

Friday

Boston Slock
Last

Sale Price

Chemical

American Agricultural

•

_.

Low

vrfcD.

100

44%

24

Range Since January 1

45

138

150%

Jun

Middle

Co

&

Corp

vVest

Miller

Sep

45

34% Mar

105

2,842

Field

-—

I

26%

24%
.

142

22%

Jun

38%

Feb

Montgomery

283

25%

Jun

35

Jan

National

Pressure

Standard

108% 110

142

43

42%

43

12%

12%

12%

100
40

July

North

Jan

120

Apr

1,448

100

RR_

Boston Edison

109

28

Boston ft Albany

300

<

9%

93%

650

X

—5

2 3/»

2%

2%

—1

u.

vtc

common

26%

23%

80

Anaconda Copper

Low

23%

9%
7

6%

19%

High
24

Jan

12

Mar

."'*'"1,300
1,150

■

Apr

9% July
1% Jun
53/4 July

11

Jan

59

Mar

2%

Sep

Jan

National

American Woolen

Range Since January 1

High

ZZi

common

capital

Hart Inc

ft

Shares

23

Mickeiberry'a Food Prod

High

Low

High

144% 145%

145

*

ft Tel—

American Tel

Sharea

of Prieea

?ar

Marshall

for Week

Low

Par

for Week

Range

of Prices

>

Sale Price

Sales

Week's
Range

Friday
STOCKS—

Sales

Week's

Last

STOCKS—

Exchange

Ward

American

43% Mar

Northwest

19%

ft

52%

52%

7

2

com

47%

200

Jun

63/4

1,000

7

Jun

10%

Jan

Jun

313/4

Jan

Aug

31

Jan

10

common

28%

28%

50

25

20

common

Car

52%

*

Co

Cooker

24%

25%

400

24

23

23%

450

22% Feb

Oak

25% Mar

common

•

Manufacturing common
Peabody Coal Co common
5% prior preferred

6

6 %

900

25

16

16%

300

16

Aug

19%

Jan

Pennsylvania RR capital

50

14%

14%

200

14%

Jun

173/4

Jan

Bancorp

Boston Elevated Railway—

->-100

Stamped
Eoston

Jan

Railroad—

Maine

&

12% Aug

790

4%

4%

4%

100

16%

16%

163/4

240

.100

class C 1st pfd stamped,
Boston Personal Prop Trust1%

17

14% July

—10

Service
Mass Street

Eastern

6%

100

28

33%

64%

66%

88

Co—

39

Jan

29

Jun

353/4 Mar

Co

Elec

Mergenthaler

Sears

Roebuck

&

Co

Jan

66%

Sep

33%

Jun

40%

Jan

South Bend

23%

Jun

33%

8% Mar
Jun

9"%

Sep

Stewart-Warner

56%

Jan

Stone

59

Sep

53%

151

30
51

40

59

134

46

Jun

140

8

Aug

13c

Jan

25c

Jan

10% May

Apr

87% Jan

•/.. 8
18c

18c

1

20

85%

,200

9%

9%

9%

.r100

England Electric SystemNew England Tel ft Tel

9%
46%

58%

New

85%

X83

8%

1,578
.

270

79

;

J

Sundstrand

11% May

7

Jan

Pennsylvania RR

50

—

Drug Co

26c

26c

200

26c

Sep

45c

<

Swift

ft

14%

525

14

Jun

17%

26

300

22% Aug

29%

Jan

11%

11%

100

9

Jun

11%

Jan

40%

41

1,300

34

Jun

41% Aug

Sep

40%

•

1

9%

,4%

335

3% Aug

108

4 %

I

22

Apr

28 %

Jan

1100

10%

Jun

13%

Apr

23%

1,600

19

Jun

16

100

13% July
36%

43

43

43%

500

11%

11%

11%

300

9%

1

7%

7%

300

5

5

common

7

Jan

Jan

Feb

43%

Jun

14%

Jan

May

7%

Aug

Sep

8%

29%

25

8%

350

6%

Jun

11%

Jan

29%

—'

-—25

24
21 %

.

*.25

stock-

Jun

-

—5

capital—

Corp common
Corp common

(The)

29%

500

27%

Jun

32%

Jan

49%

59%

59%

100

Feb

59%

Sep

5

10%

103/4

50

83/4 July

13%

Jan

2

25

26

150

___•

44

44

50

20
May
42% Jun

44 % Mar

29%

29%

200

25% Jun

30

22%

22%

20 %

24% May

'

Corp

Jan

,200

11%

16

16

13%

25

23%

23%

Tool

83/4

11%

5

capital

50

■

25

•

*

Mach

9%

1

—

*

Co

(The)

common

27% Aug

Jan

4%

4%

-2.50

——

25

;

Co

Co

Texas

Thor

Jan

14%

—25

Quincy Mining Co—;—,—
Rexall

26c

14%

_2.50

Mining——

26

J^athe/Works capital

Container

Trane

Butte

North

35

Jan

1

National Service Cos

30% July

—

Sinclair Oil Corp.,—™

786

220

9%

As6n

Jan

100

Signode Steel Strap common——L—*

37%

Linotype

Jan

8

35

capital

Corp class B common
Shellmar Prod Corp common

293%

45%

Racing

Narragansett

.9 %

35

1

Serrick

36%

Copper

63A Jun
5 % Aug

35

capital

Standard OH of Ind

Kennecott

450

.

—*

common

Cummins

29

Hathaway Bakeries_

8

*

capital

37%

Razor

6

Jan

Aug

95

34

68%

Aug

25

10
%

Stockyds

293/8

Electric

Safety

Nat

Sangamo

Jan

Jun

75

119

60
79

27

33%

100

57

15

60
79

28

—100

Stores

National

First

General

Sep

Louis

Schwitzer

Employers Group Assoc

Gillette

52%

Feb

38%

198

Ry—

1st pfd series A™
preferred B—
preferred adjustment-

6%
5%

52%

50%

—

7 3/4

73/4

Apr
St

Cities

1
5

5

43/4

5

Feb

7

5%

Aug

208

South La Salle

United

Apr

Si Corp

Light ft Rys Co com

U S Steel

7

(new)

common

22 3/4

*

1,000

Jun

May

*
14%

140

13%

•

17

173/4

375

12% Feb

1

& Webster

Stone

15

15

26

11

343/4

34%

82

14%

—•

Association

Shawmut

Inc

Stop & Shop Inc

Torrlngton Co

—

Wieboldt Stores
Wisconsin

29% Jun

36

Aug

Yates-Amer

27% Jun

35%

29%

29%

25

50

x493/8

50%

1,582

48

473/4

48%

550

42% May

52%

Jan

393/4

39%

393/4

14

38% May

40

Jun

33

33

60

43%

Jan

14%

Apr

26%

Jan

Drill

Fruit

Co__

Shoe

Rubber

S

Westinghouse

Sep
Aug

•

Twist

United

United

U

Jan

17%
15

Machinery common—25
preferred
i
,.25

Union

6%

15%

Jun
Jan

5

—

Waldorf System Inc—i*—

Westinghouse

Electric

.*
12.50

Corp

Jun

14%

—.

24%

14%

25

24%

■«r,: 1.72

Jan

j.

54% Mar

31% Aug
12% Jun

24%

—10

Co

44%

20% May

Inc cumul

Mach

Unlisted

pfd

capital-

24%

24%

76

76

10%

10%

10%

100

—_5

pr

common

11%

11%

11%

100

300

20% Jun

26

50

73% July

79%

10%

10% May

Jun

93/4 July

Jan

Apr

13

Jan

Stocks—

Alleghany

Air

Lines

American Radiator

Anaconda

Inc.

2%

3% Aug

Jun

103/s July

Jun

14%

500
400
600

10

27

200

25%

Jun

9%

*

19%

—10
.100

Corp.

Atchison Topeka & Santa Fe

Feb

7%

2%
93/8

13%

26%

9%

1

& St San com

Mining capital—50

Copper

Armco Steel

2%
13

1

Corp

American

}

12%
*
*

Elec & Mfg com

Bankshares

86

•

26%

25

IS3/*

Jan
Jan

35

Jun

26%

Jan

May

103%

Jan

300

23%

1334

14

200

10%

Jun

14%

Jan

Certaln-teed Products

1

12%

12%

400

9%

Jun

13%

Jan

Columbia Gas System Inc

*

11

11

iJun

11%

Apr

Continental

1

Bethlehem

Steel

Chicago Stock Exchange
Friday
STOCKS—

Sales

Week'a

Ry Co

new

Motors

Curtiss-Wright

Range
of Price*

Shares

26%

27

7%

•

10

100

,5% Jun

7%

73/i

100

5%

5%

,300

Range Since January 1

Tele & Radio

Farnsworth

Par

Low

High

Low

High

Laboratories

Corp

(new)—5

common

common

Advanced Alum

1

—

Castings-.

Aetna

Ball

Allied

Laboratories

Bearing

5

Armour & Co

Associates

_•

Belden

Co

Mfg

Co

1

2%

common—.

Burton-Dixie Corp

Butler

Bros

1%

10

7

20% May

4%

Jun

53/e Mar

6%

450

18%

Sep

10%

400

Jan

20

17% May
138% Jun

300

Sep

6%

Aug

150%

1

1,500

5

Jun

7%

Jan

1%

50

1

Apr

1%

Aug

42%

200

42%

Sep

42%

Sep

3%

4%

450

3%

Sep

5%

12%
6

Nash-Kelvlnator Corp

York Central RR capital
Motor
Car

New

15%

17

600

17

Jun

4%
14 %

300

50

15%

Feb

Jun

73/4

Jan

22

Jan

173/4

Jan

7%

7%

1

.Central

111

Secur

Convertible

com

ooru

common—

preferred

American

Airways Corp

Paramount

Pictures

Pepsi-Cola

(The)

of America

Corp

W

2%

2%

50

1

1%

1%

800

% Mar

100

11% Jan

16
12 3%

Apr

5

Chicago Corp common
Convertible

6%

Jun

2

900

,,V

Feb

15%

16

11%

11%

Chicago Milw St. Paul & Pac

.Cities

Corp

Co

(The)

Dodge

Mfg

Domestic

Feb

63%

64%

250

61

Jun

5%

200

4%

Jun

40

66 3%

Jan

5%

80%

83

113% 114%

51%

20;

111

Jan

51%

10

4% Mar
1%

Jan

52%

900

453%

Jun

113/s May
65% Jan

7%

Eddy Paper Corp

class

common.

51%

52%

200

39%

Feb

52 %

Simons
Co

Dock

16%

200

15% Aug

28%

Fox

Drive

27%

27%

27%

2,100

25

6

6

100

5%

Jun

7%

3%

3%

3%

500

2%

Jan

3% Aug

70

(Peter)

General

Motors

Gillette

9%

43/s

4%

1%

common

Corp

9%

1

common

Corp

common

10

Razor

Safety

11

common

11%

20

46

Jun

95

Jan

100

9%

Sep

9%

Feb

4

Jun

6

Standard Steel Spring,

350

5%

5%

100

62%

1,000

29

100

6%

5'%

Jun

Corp

Wilson

&

11%

Sep

Jun

6% Aug

Jun

24%

Jun

x63% Aug
32% Jan

common..

;

*

13%

X13

-133/4

13%

300

8%

Jan

*

39%

39%

100

37%

Jun

Gossard

common

•

12

12

200

Dk

•

15

15

200

10% July
14% Jun

10%

10%

400

8% Mar

21

21

150

19%

20

600

45

55

Co

(W

Lakes

H)

Dr

&

common

Hammond Instrument Co

Harnischfeger Corp
Hellman

common

new

rl
10

common

Brew Co

(G)

Bartlett

Horder's

cap

common

Hupp Corp

common

Brick

Co

common

21

-1

19%

25

43

*

.

19

-15%

Jan

Feb

Sep

42 % Mar
17

Leath

&

Co

common

!

ft Libcv

Lincoln Printing Co

For

j

.43
12%

300

4% Aug

12%

5

100

43

Aug

53

footnotes

see

oagt




*2.

Apr

32

Jun

14%

Jan

7%

Jun

9%

Apr

17% Jun

200
'

Jun

27%

5

Jan

53/4

Apr
Jan

16%

1,600

25% Apr
14 % Jun

30

16%

17%

Jan

69%

200

60% Jun

73%

Jan

163/8 Aug

Jun

16% Feb

24

Aug

22

~4%

22%

800

10%

22%

10 3/4

400

9%

Jun

11%

Jan

1,200

23/e

Jan

4%

Sep

Jan

11%

Jan

4

4%

11

Last

Mach

Week's
r

Range

Laundry

*

Cincinnati

4%

Gas

Cincinnati

ft

Cine
Coca

ft

Electric

:

Tel

class

Dixie

Ice

29%

1104
4%

__

——50

t

A

74%

*

*

Cream

116

116

'

3%

Range Since January 1

Shares

LOW

18%

Sep

25%

Feb

80

18%

Jun

25

Aug

July

8

J 5%

5

83

30%

Jan

104%

Sep

4

Jun

7%

Jan

26%

197
40

4%

662

75%

184

63

Jun

5

113

Aug

3%

Apr
Aug

Apr

100

29%

104%

116

High

263

v

3%

60

Sep

76%
116 /

7%

Jan
Sept
Jan
Jan

15

100

15

Jan

15

19

36

15%

Jun

19% Mar

31%

31%

63

23

Jan

313i

Sept

53

10

15

18%

5

Eagle-Picher

18%
24

5%

29%
.

25

Bell

Sub

100

18%

<,

-Sales
for Week

High

23%

common_8%

Street

Cola

18%

_*

preferred

of Prices
Low

20

Formica
Gibson

Insulation

17

Jan

100

1%

Jun

250

7%

Jun

13

Sep

17

16%

17

350

13

Jun

18%

Jan

26%

26%

27

900

23

Jun

27%

•

Art

•
__

Mfg

53

25

44

Jan

53

July

Sep

10%

Co

19% July

21%

common
common

1*

common

5%
20

20

"11

11

5%

50

20

10

i

preferred

Kroger Co

5%

*

common

Sons

(E)

5%

Jan

,12% July

1%

11

115

7"

11

,

•

Jan

July

13 %

Jan

45%

Jun

47%

Jan

Jan

55% Aug

45%

45%

32

54%

50

Jan

54%

20

43 %

573/a

Jan

u*

7%

7%

•

14%

14%

7%

50

14%

450

.

2%

Jan
Randall
U

S

Gamble

class

Printing

6%
10

Feb

73%

Jan

Allied

Jun

15%

Feb

American

*11%

11%

100

7

7%

7%

7%

300

167/a

16%

16%

100

10
6 3%

July

13

*

69%

557

B

*

11%

11%

50

common

•

33%

33%

20

31%

31%

22%

69

68%

7%
28

Feb

69%

Sept

Jan

11%

Sept

July

39

Jan

32

Aug

Stocks—

Stores

American

_1

common

Apr

69%

Par

American

Hobart

123%

♦
common

12

9%

200

*

common

20% Aug

1%

1

common

common

Libby McNeil]

400

25

Apr

21% Aug

16 3%

*

Hatfield-Campbell

12%

•

common

Switchboard
Co

193/4

Friday

Unlisted

Drug

19%

1

113% May
22
May

.1

International Harvester

Kellogg

1,100

•

Jan

15% Aug

...10

—

capital

Indep Pneum Tool

Katz

;

11%
73/4

Jun

8% Jan:

69%

1

common

—

Co

Procter &

Illinois

30%

11%
7%

5

-STOCKS—

Kahn

Hlbb Spencer
Inc

30 %

10%

8%. Jun

Cincinnati Stock Exchange

•

52
-

Goodyear Tire & Rubber Co
Great

100
200

12

Crosley Motors
Goldblatt Bros

Jan

8%

—

Oil Corp

Sunray
United

Jan

29

62%

Jan

4%

25

Jan

100

!

61%

*

13%

1%
15

Schenley Distillers Corp

Churngold Corp
♦

Brewing

Finance

70

10

Jan

Jun

9%

193/a

•

Standard Oil of N J

273% Aug

Jan

Dredge ft

Auto

•

7% Aug
15%

3% Jun

11%

Jan

*

common

Four-Wheel

General

Ccnnell

&

2,500

30%

•

Champion Paper & Fibre
Fitz

100

4%

19%

2%

Sep

16%

1

(The)

10%
)

483/4

_1

—_

common

Aug
116% Aug
57% Jan

16%

-10

A

10% Jun

Apr

_25

common..

Corn

200

,

14% Aug
3% Jan

90

5

common

13%

8%

Sale Price

Corp

Credit

9

*

Inc

Commonwealth Edison

400

2%

common

Co

Jun

10%

*

(new)—

Service

Coleman

2,900

10%

*

vtc

4% July

'

■ft

*

Chicago Towel Co common
Convertible preferred
Chrysler

11%

I

preferred

300

Sep

10%

*

—

common

7%

1%

conhnon™——

Radio-Keith-Orpheum
Republic* Steel Corp
Rexall Drug Inc—

Jun

Jan

3%

33%

7% Jan
39% Jan

1% May

—1

common

Pure Oil Co

34%

11%

300

10%

~3%

*

2%

Co

Studebaker Corp
Central & S

Jan

Apr

Feb

9%

Jun

13% Jun

7 %

*
-m

200

400

1 %

7%

5

Packard

37%
14%

1

1

Socony Vacuum Oil Co Inc
Biscuit

Carr-Consol

8%

May

%

36%
14%

•>6%

6
4

Radio

11

250

6

15%

~7%

,

12%

5%

15%

Jan

9%

Jan

13%

•
*

Laclede Gas Light

Jan

..

Co

Utility Corp
Motors

Jan

1%

3%

Electric

Public

Graham-Paige

Pan

6%

12%

common

Feb

<

42%

10

common

15%

200

4%

144% 145%

6%

4

200

19

18%

10

com—

45%

200

6%

xl8%

1

common

Berghoff Brewing Corp
Bruce Co (E L)

„

5

common

Investment

Jun

45%

18%
4%

—

100

Athey Products Corp capital.
•

v;.;

A 37%

44

•

common.
common

American Tel & Tel Co capital

-Asbestos- Mfg Co

:\45%

General

General

'

Abbott

7%

1

'

'. Admiral

33%

Jun

for Week

Last

Sale Price

common

Pacific

Canadian

*

Rolling
Tel

ft

Mill

Tel

__

10

22%

100

144%

25

26%
19%

Feb
Jun

27%

Jan

Jun

150%

Jan

22 %

113

144% 145%

342

185

29%

Jun

54

37%

Feb

138

Feb

Jun

7%

Sep

Chesapeake ft Ohio

25

30%

30%

30%

xl4% July

16%

Sep

Cities

10

52

50%

52

Service

34%
52 %

Jan

Sept

!

Volume 170

THE

Number 4837

COMMERCIAL

&

FINANCIAL

CHRONICLE

(1011)

OTHER STOCK EXCHANCES
RANGE

Friday

Week's

Last

' Range

stocks—

Bale Price

Columbia

Gas

•

Power

Light

&

11

1

Curtiss-Wright
Dayton

Low

5

SEPTEMBER

493

_9%,Jun
> 3
Jan

123

26%

12
;■

Apr

5% Aug

McClanahan

Murray

•

Stores

Dept

General

Motors

29%

37

'

29% Aug
39% Jan

National

62%

Sep

Park

10

Jun

13%

Jan

14

30 >

24% Mar

60

34%

29%

10

61%

62%

315

•

10%

10%

100

Jun

Pennsylvania RR

50

,'

Welding

common

Stamping

14%

75

Jun

17%

8%

8%

8%

80

■8%

Feb

12

Apr

•

30%

30%

30%

50

25%

Jun

31%

common

16%

16 %.

25e;

14%

Jun

17%

Jan

20%

24%

34 »

17%

Apr

21%

15

,»

20 %

Standard

Oil

(N

J)

25

Oil

(Ohio)

10

1

B

(H.

& Co

W.)

Shelter

69%

139

60%

Jun

78

Jan

25%

25%

22

20%

Jun

26%

37%

37%

251'

37%

Sep

43% Mar

United

Shirt

22%

37%

•

22%

30

20%

Jun

24% May

United

Cleveland Stock Exchange
Friday
stocks—

Last

Iron

<

Electric lllumln common—*

Columbia

Gas

Consolidated
duPont

(E

Natural

I)

-

a41%

—

138

Erie

a

20

34%
16

•>>',>.\V'>r>

>•>">;.

General

TRIeetrlft.

General

Motors

Glidden

Co

~;i

■

,

'

.

(Tfn)
com

367/B Mar

20

Jun

12

51

38%

Jun

46%

,

Apr
Mar

64

43%

Jun

53

100

21%

Jun

32"%

Jan

>1

-

a26%"

9%

Jun-

14%

23%

Jan

17% July

&

Co

162

19% al9%

50

*

a

—

Tnterlake

Lamson

>> Jan

40

17%

Jun

63% Aug
21% Jan

10

Jun

14%

Z20

Aug

35% Aug

617/b

Sessions

N

Y

Jun

Oil

Packer

Co

Patterson

Radio

20

*

Jan

35

Apr

11%

Jan

8%

5%

300

37/B

Jun

5%

Sep

4

400

3%

Apr

4%

10%'

102

9%

Jun

13%

\Jan

58

a 30%

23%

Jun

33%

Jan

33

Aug

'

42

20

May

all% aU%.

281

33

20

•

•

20

.

9%

36% Jan
24 >

Jan

i4%

•

Jun

Screw

Standard Oil of Ohio common

10

S

Steel

(Un)

Dorn

Iron

19%

79

17

? Jun

1,014

37

Jun

White

69%

>

,

•

22%

■60V*

350

-

160

common

Products

l

common

a

—

*

'

—

27% Jan
"43% Mar

'74 y4

Jan

26%

Jun

Jun

20

244
150

7

201/4
?

> V 6

12

13% al35/a

Jun

Last

all% allTs

—

Alleghany Corp

Inc

9

138

13

July

15

Aug

41%

loo

39

July

41%

Sep

72c

July
May

,1% Apr
1% Jan

Jun

16% Mar

6 >■

July

10%

Jun

>

100

12
v;

Feb

143%

Range

for Week

ef Prices

Shares

Jun

2%

2%

100

2%

Jun

27%

High

St

&

San

American

Woolen

Co

29

250

a9 %

56

13%

(Un)__*

13%

205

a46% a46%

763

—:: a23% a24%

Atchison Topeka &

Petroleum Co

Barker

Corp

Bros

—

common

stocks—

Week's

Barnsdall Oil Company
Basin Oil

(Un)—..

Par

Jun

37%

25% Jun

35 V*

Jan

57

20% Jun

27%

Jan

Bros

Davidson

of Prices

Shares

10

10%

Steel

1

common-———

Blue

Diamond

Jun

12

Apr

83/4

83/4

150

7%

Jun

10%

Jan

33%

3%

33/4

1,710

43/4

Apr

15

15

15%

538

25c

26c

5

49%

49%

—

5

a29%

(Un)

•
3

;a26%

5
1

al9%

Corp

—

5%

al9% al9%
5%
5%

—

(Un)

Corp

Borg-Warner

—

__

a48%

•

Broadway Dept Store
Budd Co (Un)

*
*

-

Byron Jackson

Co.

,

—

a9%

Packing

Corp

Pacific Ry Co

*
25

com

(Un)
(new)

(Un)_10

—

Products Corp—

1

12 %

& Iron Corp com

—

10

(Un)

a52

*
25

a27%

(Un)—•
1
(Un)—•
Consolidated Engineering Corp
1

Consolidated

—

25

Corp

Sou

&

Gould & Sav Mng

Chollar

Consolidated

—

Edison

of

N Y

Liquidating Corp
*
Vultee Aircraft (Un)—1

Zellerbach

10%

700

8%
--

'

83/4

—

—
—

a25%
—

8%
—

1
5

a26%

(Un)—•

a8

1

—

-—-

30%
6%

General

Jun

7%

'-> 2Q4

6%

—

A

Cleveland

&

Detroit

Edison

Federal

Mogul common—

Mar

9

Sep

Jun

57

30

1,889

5%

:350 >-

11% Aug

30% Aug

Aug

6%

Jun

6%

6%
22%

.

Electric
Foods

General

Co

Gar Wood Industries

Gemmer
General

1

common

Manufacturing class B
Motors

—10

common

Hoskins

Corp

Motors

63/4

2,200

4%

22%

4,157

20%

Jan

17%

100

15 %

1

Jun

22%

Jun

Manufacturing common.. -2%
1

Hudson

Motor

Hurd Lock &

11

5

Mfg common

Goodyear Tire & Rubber Co
Graham-Paige Motors Corp

Aug

McAleer

Mfg

____

17%

Apr

Hudson

Hunt

Preferred

For

footnotes

A

■'

see

page




42.

—

•

27%

Jun

34% Mar

23%

Jun

33%

5

300.
20

18%

2,150

Jun

Jan

6% Aug

25% Mar

Jun

5% July

10

Jan

Ayg

15

38%

Feb

44

110

46%

Feb

53%

360

10

6% July
7% Jun

100

24

>,'"80
25

'

Jan
Jan

10% Aug
24

Apr

32% May

Apr

32% May
14% Jan

10% Jun

703

a327/a a32%

Jun

12%

12%

270

10

May

13%

Jan

52%

52%

186

Jan

aSOYa a52%

al4%al4%
a27%&27%
5
5%
1.30 1.35
a25% a25%
13% 13%

33% Aug

44% Jun

66%

71

38%

Feb

50 % Aug

35

12%

Jun

210

25%

Jan

3

900

,

Jan

95c

3,875

July

19
,Jan
27% Aug

5%'Aug
1.80

Apr

*

'

25% Aug

21% Mar

163
110

6%

14% May

Jan

8%
10%

1,400

>17%

May

255

8%

Jun

12%

Apr

11 % H%
a26%a27%

> 400

8%

Feb

11% Aug

178

22 \

Jun

27

185

7 Mi

Jan

8%
10%

a7%

a8
al9% al9%

7% May

35
75

50%

®60
17%

a60
18%

15

15

100

37%

37%
45%

449

—

—

9%

20% Aug

—

Motor

212

Feb

17% Aug
Feb

11

34%

190

Jun

23

.

Jan

Feb
Feb

59% July

21%

Jan

>15% May
39%

Jan

41% Mar

45%

Sep

52%

63

Aug

'

62%
14%

585

Foods,

200 >

3%

Jun

63/4

73/4

385

7%

Aug

93/b

Jan

62%

62%

655

52%

Jun

Aug

4%

100

Independent Exploration Co
Intercoast Petroleum Corp

11%

380

63

5%

Jan

Jun

14

Jan

International

3% July

6

Mar

International

10%

—

356

11%

Jan

14% Aug

a38% a39%
1%
1%

137

34%

Jun

45

62%
14%

200

248

*

—

115% 115%

3%

3%

100

104

105

3%

3%

100

3

Jan

4

Apr

3%

100

3%

Sep

8%

1.80

1.80

—

12

Nickel of Can

—

—100
33 %c

Illinois Central RR Co (Un)

•

a39

6.66%

Inc.

4%

Jun

—

—

1
12.50

Car Co

4

3

—

3

(Un)

Development Co

Jun

'1% May

3%

Jan

a26%
11

10
(Un)

*

Co (Un)
15
International Tel & Tel Corp (Un)—*
Paper

__

—

a53%
a9

8%

1.85
12
8%

a26% a26%
11 13%
1.15

1.20

a27% a27"%
a53%
54
a7%
a9

112

10%

Jan

100

Feb

12

July

Feb

119

May

1,350

1.70

Jun

4%

Jap

155

9%

Feb

13% July

1,415

8%

Feb

11%

Jan

105

22%

Feb

29%

Jan

Feb

20

6,060

1,300

7%
95c

Jun

50

27% July

80

42%

July

1.50 Mar
31

Jan

Jun

49% Mar

8

Jun

11

Apr

3%

Sep

9

Jan

16

Aug

Jan

>,

93% Mar

13% July
Kalser-Frazer

1

3%

3%

3%

250

2% Mar

3% May

Kennecott

10

common.

Jan

28

Sep

3%

—

1

10
5

common—*
(Un)
1

Hancock Oil Co of Calif class A

22%

Corp

Kansas Power &

Kaiser-Frazer

(Un)

Feb

11

•
•

Sep

18%

110

177/a

--

51%

Sep

Feb

11 %

--

.12%

Car

common

4%

__

1

Howell Electric Motors

(Un)

7%

4%

1

Gerity-Michigan Corp

(Un)—

Corp

General Public Utll Corp

Holly
5

*
50c
5

Jun

40

Jan

46

17%

5

—20

Navigation—

——

(Un)-;

common

—

Jan

20

High

7%

100

51%

30%

30%

Corp

Corp

General

Itango Slnee January 1
Low

.

7% >
>'a9% a9"%
a22% a227%
a32% a32%
13%
14

75c

25c

140

a49

7%

Jan

Jun

Sep

9%

'

21

15

1,050

95% Mar

r

Apr

3,690

a44% a44%

5

i

(Un)—

Co

a26% a27%
6%
6%

2.50

3,300

9% 10%
a29% a29"% 1

15

(Un)

Airplane .Company

Chica Oil Corp

Bolsa

Greyhound Corp
Detroit

Jan

Jun

(Un)

Corp

Douglas Aircraft Co Inc
Dresser
Industries Inc
Electric Bond & Share Co (Un)

High

51%

1

25
•

65

8%

for Week

Low

ft*"

V"

2

wd

Feb
Jan

82%

—-20c >

Co

Aviation Corp

Bendix

Cons

Exchange

Sales

Range

Last

Sale Price

common

Jan

54

150

50

1

Consolidated

Barnhart-Morrow

Commonwealth Edison Co (Un)

DETROIT

Friday

Power

14%
'

Jun

180

1
10

Bandinl

Colorado Fuel

Detroit Stock Exchange

Consumers

10% July

Jun
Jun

297/s Aug

93/4

93/4

Class

_

23

;

93/4

(Un)
13
Baltimore & Ohio Railroad Co (Un)_100

Curtiss-Wright

—

10%
42

138%

Jun
Jan

311

a877/a a897/s

Santa Fe (Un)—100

Baldwin' Locomotive Works

Crown

_

Apr
3% May

a22% a223/4

dorp ^Un).....—-—10

Steel

Armco

Creameries of America Inc

—

High
33/4

.

27

27

Copper Mining Co.(Un)—30

Telephone: WOodward 2-5525

—

7

50

145% 145 %

a4G%

_—*

(Un)

>

a9 %

29

a9%

Radiator

California

Chicago Stock Exchange

Exchange

Rubber

Low

2%

Smelting & Ref Co (Un) —*
(Un)MM.._100

Consolidated

Baldwin

Range Since Janaary 1

800

American

Commonwealth

New York Curb

Exchange

Ford Building

American Metal Prod

1

Sales

Week's
;

Jan

Members

Chrysler Corp

1.5C0
>200

Jan

Watling, Lerchen & Go.

-

Feb

6% Jan

15

3%

1

(Un)

Chrysler Corp

V«:' "

11%

Sep

3%

American Tel & Tel Co

Cities Service Co

■

3%

Low

(Un)

Mfg Co

Caterpillar Tractor Co

■">>>":

Jan
Jan

10% Mar

8% July

1

(Un)

Airlines

American

Certain-teed

Stock

"130

10

Alaska Juneau Gold Mining Co

Canadian

Detroit

__

Jan

24% May

JUn

12%

75

10

10

*

New York Stock

27/b
18%

Jun

l8% Jun

220

3"%

80c
81c
11

Friday

-

Publishing

2,280

9%
9%

14

41%

41%

1

,

'

World

350

2% Jun

15

„

Bale Priee

Borden

22%
•'

7

ZZZZi

Youngstown Steel Door (Un)

14%

Jan

.>.•4

•

Motor

69%

a25% a257/a

•
Works

975

Los Angeles Stock Exchange

Eoeing
25

Van

1

common

Aircraft

Bethlehem

'41%

19%
40

40

—

Standard Oil Co of N J (Un)

U

15% Aug

2%

Jan

*

Jun

20

*

all%.

•

Bros

Jan

46

36

550

33

.

Republic Steel (Un)
Richman

13

Jun

f 9%

9%

10%
.

•

Sargent

Corp of America (Un)

550

a36

—

*

_*

33

4

ZZZso

Corp

25

Mar

31% July

100

10%
40

5%

—

*

(Un)

12% Jan

Jun

8%

__

•

Jan

9%

—1

Central RR (Un)

Ohio

85

32%

4

National Tile & Mfg

22

107/B

.1.

10

Brick Inc

Metropolitan

51

40

—

•

n

~

Jun

3"%

9%

1

A

Anaconda

11%

22

i;'

50
...

10%

11 %

"

_•

class A—

Steamship

&

11%

"loo

pfd—

462

550

Aug

*H#r

Bros

11 %

15%

14%

_1

common

American

34" > Jun >

15

a61% a62%

*

com

;

common

Radiator

y

■

•<>**>••

a37 % a37%

_

,

Feb
1% May

4

1% Jun

Jan.

50

20

20

f

.

Gray

Halle

.

2% July
.

42% Jan

9%

10

Grelf Bros Cooperage

100

9%

1
Dist

STOCKS—

59

10

(Un)

(Un)

Dug Stores
Great Lakes Towing

350

iya

Jan

2%

—

Jan

250

10% al0J/«-

a

—1

_

5

Jan

10% July

100

40% a403%1

a26

»

inn)

common

150% Jan

11

a50% a50%

—

-—2

Rubber

Faultless

2%

3
Jan
29%'July
31% Aug

Aug

Par

(Un)_ —15

Manufacturing

Railroad

18% Jan

11%

2%

1

Axle

Allis-Chalmers
Eaton

24%

150

15

__

15%

common

High

Jun

29% Jun

v.

a42

ii

—

(Un)

£010

20

12 v*m

12%

*

Gas

,2

293

2

r

Range Since January J

123

a30% a30%

__

1

common.^.

System (Un)

100

28%

30%

1%

__

1

Corp

Wayne

,

al44%al45%>x

25

Cleveland

^Shares

of Prices

Low :: High

—100

Chesapeake & Ohio RR (Un).
Cliffs

3% July
2% Jan

for Week

Range

.» >

Par

Cleveland

3% July
2
July

'Sales

Week's

Sale Price

(Un)

100

2%

2%

1

Die

&

States

Warner

Tel

300

2%

2

__

10

Timken-Detroit

Class

&

3%

Jan

Walker

Tel

13% Aug

28%

__

2

Manufacturing

68%

697/b

•

(new)

American

2.00 Mar

10% Jun

95c

30%

—

*

common

Manufacturing

Rudy

Udylite
R

Steel

S

Feb

100

Jan

Oil

Brands

Standard

U

High

> 1,240

3%
2%

__

•

Brewing

Superior Tool

Timken

Low

1%

1%

2

Scotten-Dillon

Vacuum

Standard

Range Since Janaary 1

High

Apr

Oil

Socony

*

Shares

12%. 12%

—

—

1

common....

Davis

Pfeiffer

Rickel
Pure

for Week

Mar*

14%

33Vie

Pepsi-Cola

1

Electric

Chemical

Parke

Central

York

New

Low

10

•

30% May

>'37%

29%

Electric

Oil

Corporation

Jan

50% July

333

Range
of Prices

Par

High

Sales

'Week's

Last
Sale Priee

National
Federated
General

'""Friday
STOCKS—

"

2834

9

Range Since Janaary 1
Low

-11%
" 5

5

28 %

ENDED

>'>':>

Sales

Shares

High

107/8

7

_

WEEK

for Week

of Prices

Par

FOR

6%

6%

6%

125

6

6%

Kern

May

Sep

Light Co

Copper

Corp

County Land Co

(Un)

1
5

—

—

*

—

5

—

>44

3%
15%

3%
15%

1,532
618

15

Aug

46
42

46

10

43

May

56%

Jan

42

485

39

Jun

46%

Jan

35

36

THE

(1012)

COMMERCIAL

RANGE

Friday

*

Ran ge

par

Laclede

Lt

Gas

Lane-Wells

Co

(Un)

Company

Lincoln

Petroleum

Locaheed Aircraft

Menasco

Middle

Corp

Utilities

South

Ward

Montgomery

Nash-Kelvinator

National

Distillers

York Central RR

American

Company

(Uni

Northrop

Aircraft
Oil

Oceanic

Edison

Ohio

Oil

Pacific

Gas

Elec

&

1.50
__

Lighting

Pacific

Western

Packard

Motor

Pepsi-Cola

Corp

Pullman

(Un)

Company

29(4

12%
6

300
67

33

33%

1.45

28
24%

Jun

May

2.65

Jan

July

29%

Aug

Jun

32%

Jan

25

(Un)

28%

Sep

28%

Sep

50%

38(4

33(4

38(4

100

32% July

4

4(4

531

a8%

a8%"

a8%

105

•

(Un)

Aug

Feb
Apr

28(4 Aug

350

25

33 %

30%
26%

200

a32%

Jun

53%

Apr

41

Anr

Curtis

110

10%

13%

Jun

17%

Apr
Jan

Jan

12

9%

53

Jan

8

2%
9%

51%

52

•

4 *

21(4

1,442

52%

6%

*

Delaware

Power

Eastern

Sugar

Electric

Storage

1

Light

9i

Assoc

pfd...

$5

20%

20%

13%

com

21(4

138

High

Jan

27%

Sep

Jun

150%

Jan

435

!> 11%

Jun

14(4

Jan

113

1%

Jun

3.25

Jan

555

7(4

Jun

10(4 Aug

451

44(4

Jun

57%

Jan

4%

Jun

7%

Jan

16% Mar

21%

16"%

21(4

Sep

67

Sep

51%

Jan

"

6%

360 "

20%

132

219

20%

21%

67

1

67

25

60

Jan
Mar

Sep

40

39%

40%

Fidelity & Deposit Co

10

65 %

65%

62

56%

Jun

75% Mar

General

10

62%

61%

62%

1,079

51%

Jun

63% Aug

5

14%

14%

15

Lehigh

•

Battery

Motors

Corp

Brothers

Coal

&

Lehigh
Valley RR
Maryland & Pa RR—
National

Power

&

Light...

Pennroad Corp

Penn

Water

&

Philadelphia
div

$1

Phi'co

preference

common

common
Gas

common

common

Paper

Sun

OH

Gas

Jun

5%

Jan

1

Sep

2% M°v

ft Jun

ft Jan

8%

9%

1,826

6%

Jan

19

1,050

16%

Jun

20

14%

14%

2,203

14

Jun

17%

40%

40%

40%

110

32%

Jun

42% Aug-

Feb

25(4

Jun

36% May
32
Apr

ny4

ip/4

655

9%

Jun

14

Jan

71/2

gy4

960

7%

Jun

9

Apr

2%s

conv

34%

35%

20

22%

23%

3,966

24%

24%

274

23

Jun

25%

Feb

27%

26%

27%

199

22%

Jun

40%

Jan
Aug

47/8

1,488

6

Mar

2%s

conv

debs—

33
Apr
20% Jan

36(4 Apr
24 % May

•

23%

23%

23%

630

20

Jan

24

•

28(4

28

28(4

540

25%

Jun

28%

Feb

19

19%

105

17% Jun

23%

Jan

60%

61%

181'.

46(4

Jan

61%

Sep

59%

60%

208

52

Feb

60%

Apr

2

Feb

5
Aug
22% Aug

60%

22%

3%

4%

1,102

22%

640

107% 107%

$1,300

1961

debs

434

Jan

24%

1957

32%

160

May

23%

1
13(4

Improvement

50

30(4

9% Aug

*

•

Corp

United

3%

2

100

18%

*

common

Co

United

Jan

14'/a

50

Reading Co
Scott

Jan

11%

3

common

El &

17 %

Jun

*

common—

div preference

$1.40

Jun

6%

18%

•
50
10
—*

Co

Power

Electric

Corp

9

12 y4

13

4

A

1

RR

Jun

65

1

*

34%

140

7%

1

—*
..100

461

-

7%
4 *

10

Navigation

Apr

14%

Low

•T.V.V*

13%

2%

'

9%

Co.

27%

144% 145%

;v__

2(4

30(4

*

*

—

Publishing

Public Service

4(4 Jan

39% May

50

a32% a3234

Jun

8(4 Jan.

631

a41(4 a41%

__

14(4

3(4

vtc

Corp

Pennsylvania Salt Mfg

236

a8%

Company *_

35% Aug

28(4

14(4

com

33(4 Aug

Apr

28%

a8%

Co

32%

35

a53

14(4

Budd

Transit

Pennsylvania Power & Light..

28(4

a8%

—

Pennsylvania

a51%

33%c

Jan

Sep

a53

50

(Un)

17
11%

July
Jan

28%

__

-•

30% Jan

729

a32% a32%

__

Arundel Corporation

Range Since Jannary 1

High

26%

145

Gimbel

9.900

a35 a35%

28(4

2(4

(Un)

Company

1.60

•

(Un)

(Un)

Co

Incorporated

Oil

20

10

Corp

Car Co

Phelps Dodge Corp

Pure

Jan

♦

Airways

RR

Pennsylvania

16%

55

29

__

25

Oil

American

Pan

Jan

1.45

33(4

redeemable preferred.
25
redeemable preferred class A—25

Pacific

Jan

20c

a29% a30%

>

•

5%

5%

13(4

Jun

15

25

Jan

Jun

110

25

14%

8c

15(4

preferred
5(4%
preferred

Jun

9%

10,000

100

Davison Chemical Corp

220

15c

27%

& Tel

Baltimore

Shares

Mar

20% Aug

a5%

6%

59

Jun

15(4

common

15(4 July

Jun

Jun

10 Vs

Tel

Chrysler

15(4 July

11

American

for Week

of Prices

Low

*

Storea

Sales

Range

Par

American

Jan

6%

al8% 818(4

..

8

Jan

17%

a5%

d

w

2%

1.90

84

1

company
(Un)

Co

Jun
Jun

116

8c

1

18% Aug

48%

20

(Un)__10()

Inc;

Jan

Apr

a8%

a8%

..

10

Co

Ohio

85c

800

1.45

22

Week's

Last

Sale Price

Jan

8(4 Mar

a20a20%

a8(4

10

1(4

1,350

26(4

i;

8% Aug

•

Pacific Railway Co

Jan

14% Jan

59

.-1

Northern

16(4

256

al3% al3%

__

(Un)—•

(Un)

■

al7% al7%

1

Prod Corp

Nordon Corp Ltd
North

1(4
1.35

July

90c

80

a52 % a53%

—

5

City Lines Inc

National

New

1%

(Un)—•

(Un)

Corp

al9

30

Jun

Friday
STOCKS—

7% Aug

Jun

6%

3,300

1.20

—1

Inc

Co

&

20

1.20

al7% al7%

1.30

1

9

Philadelphia-Baltimore Stock Exchange

High

Jan

70

al83/4

al7%

—•

Co..

5

40

1

Petroleum

50

a23

1.10

al8%

1
.....

a7%

a7%

1.15

f

Low

a7%

—

10c

Co

Mfg

Merchants

7

Co__—_

(Un)

Inc

loew's

(Un)

SEPTEMBER

Biuift Sinee Jsnaary 1

High

a22%

_—..I

—

Libby McNeil & Llbby

Shares

a7%

~

EXCHANGES

ENDED

for Week

of Prices
Low

4

WEEK

FOR

Monday, September 12, 1949

Bales

Week's

Last
Sale Price

FINANCIAL, CHRONICLE

STOCK

OTHER

STOCKS—

&

105

18 y8

Feb

BONDS
Radio

Corp of America (U11)
Radio-Keith-Orpheum Corp (Un)
Republic Petroleum Co.
Republic 8teel Corp
Reserve
Rexall

Oil

Rheem

Gas

&

Drug

•

__

1
1

(Un)

7%

47/3

193/3

1

Mfg Co—

7

2.50

—1

a5

i

__

Richfield Oil Corp common

Ryan

Aeronautical

39%

Company

St

Regis

Paper

Co

Finance

Roebuck

Shell

Inc

(Un)

Co

Oil

Sinclair

Oil

of

Calif

Corp

Aircraft

Southern

4.32%

6%

Edison Co Ltd

Calif

Southern

*

6%

pfd

27%

27%

150

22%

Jun

igs/g

183/4

29% Aug

665

16%

Jan

19 % Mar

Oil

Co

Stone

47

30

371/3

371/3

175

isc

Gulf

Tidewater

Assoc

Oil

26

&

Carbide

Union

Oil

Union

&
of

Co

Pacific

Aircraft

United

Air

Lines

United Corp
United

Gas

United

Western

For

10%

_

11%

5

__

1

Corp

footnotes

33%

Co

330

2y

25%

26

Feb

12 (4

10

a81%

;

Inc

1

(Un)

page

10

42.

(D

L)

a30

129
25

High

17% Jun

26%

11

Jun

14% Mar

8(4 Jan

10% May

Jan

—

8(4

8%

145

11

10%

11%

240

—

2%

2%

350

11
9%
11

11
9%

150
50

8% Jun

11% Aug

9% Sep

24"%

11(4

200

8(4 Jun

11(4 Aug

20%

20%

145

18%

Jun

23%

31%

31%

75

3) V*

Jun

39% Mar

6%

6(4

.*350

6(4 July

8% Jan

3V4
34%

3%
34%
8c
15

135
26
2,000
66

28 %
25%
24%

120
45

*

.

Corp

—5

Pitt

Steel

Corp

Brewing
Walker

-

Refractories

Joy

Mackintosh-Hemphill

492

26(4 Mar

29

*9%

2

12%

Jun

Feb

3

Apr

Aug

23%

Apr

26% July

Pittsburgh Brewing

33% Mar

San

—

11(4

1

com—*

Jan

Jan

Jan

588

—

10

Brewing

Duquesne
Fort

Sep

Manufacturing

1
5

Co
—

common

—

Pittsburgh Plate Glass
40

86

Jun

27% July

Mining—

Toy

35% Aug

Standard

49(4 Jan
37% Feb

Vanadium

Steel

17%

Apr

56%

Jun

68%

21

Feb

42%

80

72%

—

Brake—
Electric Corp

V/estinghouse

Sep

"

*

t

7c

15

—

28%
25(4

—

25%

•
12.50

Air

Jan

17%

...

—

34'%
7c

24(4

93

2(4
28%
6c
12(4

Apr
Jun
Feb
Jun

...

28(4 Sep
21% Jun
20% Jun

3(4
35%
16c
16%

Aug
Aug
Mar
Aug

34% Feb
34/8 Jan
26 k Jan

Sep

a68% a69%

...

*
10
1
1

31%
—

Sep

37%

Spring

Alloys Steel

Westinghouse

10

ai7

22%

150

10%

103/,

62%

3591/,

Jun

13%

75

22(4

Feb

16% Feb

1,315

9%

21%

Jan

St. Louis Stock

Jun

Friday

11(4 Jan

148

49

Feb

12

58(4 Aug

58

Feb

64

a23% a23%
11%
ni/4

37

19%

Jun

25% Jan

10

Jan

al4% al4%

35

77/-

a2l

a21

20

10% Feb

230

40

313/

a81% a81%

145

1,045
12

120

ai2% al2%

10

41/

ai7% al7%

550
41

6%
,

20

12

Burkhart

37%

Falstaff

Brew

common

General

Electric

common

(Un).

Jan

General

Motors

common

(Un).

..10
2

25

Jun

76% Jun

20% July

41(4

31% Mar
86

Jan

Shares

Low

18%

200

144% 145%

371

13

Range Since Jannary 1

High

*

High

Feb

18% July

138% Jun

150% Jan

16

20(4

70

37%

37%

424

23%

Feb

39% Aug

37

50

34%

Jun

40%

62%

61%

62%

304

52%

Jun

63% Aug

International

Shoe

Brewing

__

common

•

5

28%

28%

28%

365

19 %

Jan

29%

44%

44%

30

40%

Jan

45%

Aug

11%

11%

10

Jun

14

Mar

:

11%

20

;

•

150

lfi

Jun

23

Aug
Jan

Aug

26%

Apr
14(4 July

2% Jan
16% July

4% Aug
17% Aug

20%

Jun

24% May

Feb

51

July

Laclede

Gas

Laclede

35

Feb

Griesedieck-Western

—

Laclede-Christy common

Jun

45% Mar

for Week

37

•

Jun

5%

20(4

1

common

Aug
May

860

160

...8

Mfg

8

937

106

18%
145%

24

22"

®4 9

1

(Un)

Tel

Sales

Range
of Prices

16% Aug

49(4

a48%

&

Mar

35%

11

Tel

American

Week's

Low

v;

.100

American Invest common

Feb

48(4

afiiA

Sale Price

Mar

Mar

.

Last

STOCKS—

Par

2,315

Exchange

23% Aug

a60

a6y.
_

19%
13%

1

-

Svstem

Commercial

Sep

22%
—.

Range Since Jannary 1

*

Co

Columbia Gas

33%

736

4„

~

•

I_10

Clark

30%

a2l%a223/0

II

Feb

Low

18%

*

Co

Jan

68(4

68

31

(Un).—50

Sep

o4%

High

13(4

19%

-—*

Allegheny Ludlum Steel

28'/a Mar

73/4
a21

105%

Apr

Apr

a42% a42%

40

5




Jan

29%

2,262

30%

25

Corp

see

Apr

17%

9%

50

30%

(Un).*

(Un)

Co

24

a64 a64%

__

1

(F W)

an

ai7

22%

(Un)___.♦

Consolidated Oil Co

Wool worth

__

2
Air

_10

Air Lines

an

a20% a20%

•

(Un)

Steel

Jun

Jun

32%

Corp

States

Universal

18%
14%

477

II
II

Sep

Jun

37

Jan

391^

(Un)

Inc

28c

3gi/a

10

Calif

Corp

311

Jun

a29%

25

(Un)

Western

Railroad

United

Feb
Jan

33% Mar
33% Apr

l

(Un)

Carbon

50%

38%

104

1

Tri-Continental Corp (Un)
Twentieth Century-Fox Film
Union

1,475

16%

a35(4 a35%
__

•

iUn)

Corporation

Transcontinental

Jun

Feb

12c

Shares

Low

Par

Harbison

25

Co

24

16%

33

♦

Sulphur Company

Transamerica

2,000

28%

30%

107%

100 %

Sales
for Week

Week's

Sale Price

Follansbee

25

Sunray Oil Corp common
Texas Company (Un>
Texas

45

35(4

(Un)

Inc

15C

23%

an

102% May

41% Aug

31%

35(4

(Un)

Studebaker Corporation

Feb

Range
of Prices

Last

STOCKS—

Continental

•

tUn>

(N J)

34%

•

Calif

of

Webster

&

182

•

(Un)

(Ind)

Standard Oil Co

a40% 841(4
47

25

(U11)

Sep
8(4 Mar

Blaw-Knox

__

3,300
8,500

44

Pittsburgh Stock Exchange
Friday

Jan
Jan

_

Standard

26%

4%

6%

__25

Company

Standard Oil Co

Jan

300

17%

25

—

Standard Brands Inc
•

Sep

6%

2,939

5

62

25
Co

Southern Railway Company

.

40%

Jun

4o

425

25

A

Pacific

Jan

39

a7

com—25
;

Gas

preferred

25

105 %

43(4

4s__——1975

Co

Jan

26%

1

preferred

Southern

19%

a6%

•

preferred
preferred

4.48%

July

Transit

Aug

a6%

15

Company

Calif

4.56%

16

Tel—

&

27% Jan

5

1

Socony-Vacuum Oil Co Inc (Un)
Solar

65

15

...

Co

Tel

Apr

al7% al7%

30

Corp

Petroleum

5%

Jun

26

•

Company

Union

7

4(4 Aug

17%

26%

__

Signal

3(4 Jun

108

1

_

Co

&

4,422

1.75

(Un)

Industries

Seaboard

Security

120

7

a5

\

5

Schenley

Sears

193^

q

a4%

43/4

1

Safeway Stores Inc

4(4 Jun

American

Baltimore

•

Co

Ir.c

.

Steel

North

common

Sears

American
Roebuck

Securities

com

Invest

Stix-Baer &

Wagner

5

Jan

26 %

125

23

July

17%

17%

17%

574

36

Jan

18% Aug

.10

18%

18%

18%

93

15% Jan

20 Ye July

(Un)

common

41%

40%

41(4

42

Fuller

Electric

common.—

common

7%

.20

7

7%

Jan

69

34

32%

32%

25

31% Mar '

1

10

10

50

13%

13%
36(4

34

12% May

13% Mar

89

33%

46

5

15

35%

35%

9%

Jun

7% Aug
34

*

common

Sterling Aluminum common
7% Apr
48(4 Aug

1,518

26%

.25

-4

common

Missouri Portland Cement

Sept
Jun

Aug

32(4 Mar
15

J^n

Jan

Volume

170

Number 4837

THE

COMMERCIAL

&

FINANCIAL

OTHER STOCK
RANGE

San Francisco Stock
Friday
STOCKS—

Air

Reduction

Co

(Un)

American Airlines Inc
Amer

&

Amer

Factors

Radiator

tUn»

Ltd

&

(Un)

cap

Stan

San

(Un),.

American Smelting & Refining

American

Tel

&

Tel

Co

*

10

13y8

13y8

25

1,082
25

High

V

Feb

23% May

Jan

10%'July

1%

272

a62% a62%

—

•

Copper Mining (Un)

a2

Marchant

7

.

50

,i,.

al45 al44'/8 al45%

14

20%

101
\

a43% a43%

__

„

Range Since January 1

195

gy2
16%

Last;

f_

Jun

2%-Aug

15

Jun

10 %
,

45 V#
138%
51

.

22

Jun

Apr
Jun

May

Jan

14%
;

•

Jan

53 »/2

Feb

149%

61%

Jan

Sep

24'/4

24%

218

22%

Jun

37%

26%

263/4

160

25 Va

Jun

34%

Jan

30 %

30 V4

30 %

621

28 y8 July

36

36

Martin

Co

(Glenn)

McKesson

Menasco

&

Robbins

Mfg

Inc

(Un)

M

J

& M

&

M

Montgomery

Cons

Ward

National

Auto

(Un)

—

(Un)

20

Arkansas Nat Gas
Corp

A

(Un)

*

Fe

(Un)

100

Archer-Daniels-Midland
Atchison Top
Atlas

Corp

„

•

& Santa

(Un)

Sep

36

Sep

Aug

102

Jan

Corp

a227o a227a

__

(Un)

100
1

Bank

31/2

100

245

248

21

31/2

A

fcarnsdall
Bendix

Oil

Co

Aviation

Eenquet

N

2%

Cons

5

5

8%

100

10%

2%

Apr

4%

Apr

55

237 %

70

28%

125

21/4

7%

7 %

1.95

1.95

2.00

711

19'/2

19%

19%

Byron

Jackson

Calaveras

Co

California

Co

Canadian

Pacific

Railway

Caterpillar Tractor
Celanese

Corp

of

new

Preferred

(Un)

2% Aug

25

—

Cities

Co

Service

150

1034

Jun

15%

Jan

12 %

12%

600

9%

Jun

13

Aug

1

12%

Edison Co of N
Natural

Crown

Gas

Co

Zellerbach

Y

Co

(Del)

Amer

Di

(Uni

Dumbarton
du

Pont

Eastman
El

Oil

Food

Paint

Goodyear

75

40U

122

5%
—

51%

63

394

24

Jun

30%

Jan

90c

Jun

1.80

Jan

30%
5

18%

44%

Jun

34%

Jan

Jun

8%

Jan

Jun

Jun

32%

57%

6

.

48 Vb May

25 y2

30

Sep

65

18 %

Apr

22%

Jan

11%

Jan

11

11

383

9%

Jun

5

5%

766

2%

Jan

a27% a27%
25%

87

25%

290

a40% a40%

90

a61% a61%

ny2

20
240

25%

Jun

Sep

43%

jfn

54

8%

Apr

55%

11% Aug

27

1,455

20

Jun

alOl

5

94

Mar

95

24

90

May

7%

693

95

7%

7%

Jan

27%

Jan

100% Aug
95

9%

Mar

Jun

12%

Jan

Jun

12%

Jan

3%

3y4

300

3

Jun

6

Jan

29%

29%

692

24%

Apr

30

July

a48y4 a48y4

41

43%

Apr
Feb

7
July
52% Aug

__

__

(Un)—10

i

•

pfd
pfd

40

a45%

202

37

720

31

26%

284

37%

__

10%

26%

—

3''%

780

a44% a45%

89

9%

Jun

14%

Jan

39

28%

Jan

34%

Jun

39%

Jan

41 y2

Jan

43% May

61%

62%

777

53%

Jun

62%

13%

150

10

Jun

16 y4

Jan

66

66

50

56

Jun

66

Jan

'•

a39y8
a38

3

a39a39%

130

37%

Jun

44

a37'/4

a38

100

34%

Jun

39%

Inc

11

11 %

960

10%

Feb

—

*

Apr
11% July

15

15

295

12

17%

17%

500

16% July

Hobbs

15
Sep
19% May

19%

22

70

18

23 % Mar

Honolulu
Hudson

Hunt

Oil

Co

Inc..

Maryland
Power

12.50

6%

;___

Mines

Co__

Corp

Independent Exploration
International

Nickel

of

International

Tel

Tel

Mining

&

com

Johns-Manville
Power

Kennecott
Eern

Copper

County

Land

Aircraft

Inc

Wd

(Un)

8.75

'

Inc

11

13%

8% Aug
1.70
32 %

Jun

Jun

11

6,375

7%

Sep

Feb

26

Jun

31 %

Jan

8

550

8

Jun

11

28c

1,000

26c

Sep

45c

Jan

40%

,

al5%

40%

168

33%

Jun

40%

3%

3%

1,195

3%

a

15% al5%

413

a45%

•

.

a46

159

5

42%

42

42%

1,130

—

29%

29'/4

245

a7%

a7%

7

—

Corp

1

(Un)

*

—

a

18%
—

28%

Aug

29%

a29% a30 %

78

23%

Jun

33

Jan

50

28%

Jan

30

Jan

10

Jun

13%

;

a30

U7a

270

3%

Sep

Jan
Jan

6

33%

2,412

30

Apr

33 y8

Aug

353/a

456

33

Apr

36

Aug

28%

1,120

26%

Apr

28%

Jan

28%

28%

295

28%

Aug

28%

Sep

50

Jun

54

Jan

44

July

58

Jan

A..25

fx-;

—

Apr

(Un)__ —10

a52%

a52%

V

Oil

Corp

Radio

0!

—J.

54%

55

30

177«

18

528

15%

Feb

1007s

103

439

89

Feb

,4%

4,/«.

—

«

(Un)

a

14%

Railway Eq & Realty Ltd
Preferred

Rayonier

Preferred

Oil

Cement

1

•
class

Co

A

Sinclair

(Un)„•

Southern

4.32%

•

pfd

Southern

41

Edison Co

pfd

A

ser

Co

33%

•

Oil

of

Indiana

a25%

N

Carbide
Co

Air

a20%

25

(Un)

(Un)

&
of

9
Apr
10% Aug

42%

Jun

62 y2

Aug

18

21%

Jun

28 y2

Jan

31%

200

July

34%

Feb

43/4

4%

100

20

Oil

Carbon
Calif

(Un)

common

Inc

a69%
22%

438

17%

Jun

26%

105

35%

Jan

38% Aug

115

14

Jun

19%

39% Aug

39%

39%

653

25

Jan

24%

26

1,426

21%

Feb

25%

320

16%

Jan

8c

10,000

41

41

»

200

75

30%

150

Jan
Jan

26

Sep

26%

'

Sep

6c

Feb

11c

34%

Feb

41% Aug

31

Feb

38%

Jan

20'%

Jan

34

Aug

18%

Jun

16%

776

14%

Jun

17%

Jan

27%

842

21

Jun

28 %

Apr

33

29%

Jan

23%

570

24

24

Mar

26%

33%

Apr

Sep

265/a July

May

29%

26% Mar

Jan

29'/s

29'/a

138

27%

Apr

29 Va

Sep

35%

100

33%

Apr

355/a

Aug

39%

Jun

497/a

July

277/8

Apr

35

Mar

Jan

205/a

Aug

Sep

340

33%

a25'/4 a25%

160

24

33c

205

32c

Jan

a20% a20%

62

18

Jan

68%

850

55%

Jun

68%

42%

42%

300

39%

Aug

427a

Sep

a69% a69%

237

61%

Jun

72%

Jan

Feb

24

Aue

Mar

30

Mar

22%

100

a29 '/a a29%

50

a59% a59%

22%

187

10

23'/8

23%

870

11

'11%

3,147

16 s/a
30

Jun

59%

19%

Jun

25%

10

Jan

12

487a

Sep
Jan
Mar

Jan

38%
31%

—10

39%

605

33%

Jun

41%

31 >/2

31%

472

25%

Jun

3174 Mar

al3% al3%

•
25

57a Mar

4% July

17%

2

common

28

;

a385/a a39%

25

(Un)

Lines

Jan

:

68%

42%

1

J

Corp

Oil

14%

Jun

Jun
Mar

30

33c

25

(Un)

Ass'd

Apr

61

25

Corp

Company

United

,7%
vr: 7%

Jan

Apr

32y8

Feb

38 V4

•

•

Union

200

Mar

60

21%
35

35 y2

29%

25

(Un)

Water

95/8

100

10

10

Calif

Texas

444

7%

30

Co

Transamerlca

1174

1,326

Oil

Co

25%

33%

Standard

&

60

a28% a28%

Standard Brands Inc

Studebaker

32% July

a25% a25%

*

of

85

16 y4

•

1

Oil Co

Jun

a323/4 a323/4

25

Sperry Corp
Spring Valley Co

Standard

Feb

11%

23'A
27%

25

of

52%

12s/a

—25

(Un)

com

4.88%

Pacific

157

570

57%

30%

5

Co

Feb

,

a36% a37%

15

preferred
pfd 4.48%——

Conv

49 y2

452

8c

26

•

(Un)

Pulp Co

Southern Cal Gas

Jun

417a

7

25%

39%

•

(Un)

Oil

Apr

37

750

17%

15

Corp

83/a

11%

87a

19%
a38%

Pio

& Co

Calif

4%

5

Oil

Oil

V

1

Signal Oil & Gas Co A

Soundview

Jan

Jan

8%

60

*

10

Safeway Stores Inc,
San Maurlco Mining

Union

Jan

17%

317a

Co

Corp

Roebuck

20

July

8%

a24% a247a

1

com_

Republic Steel Corp (Un)
;
Reynolds Tobacco class B (Un)__.
Rheem Manufacturing Co
Richfield

Jun

14 %

10

.

Riverside

10% Mar

157a

184

75/a

—100

Incorporated

Republic Petroleum

Feb

989

11%

1
*

com

200

a.30 % a30 %

a32%

*

(Un)

8%
183/4

12%

_•

(Un)

Jan

14% al43/8

57%

*

•

America

a

41%

—

«

(Un>

Sep

4%

Jun

3%

225

'

19% May
103

18%

18%

HI50

(Un)

.

8%

•

common

Orpheum

211

■

—

(Un)

(Un)

Keith

nW

102%

*

(Ilnl

Co

P cn to

68

103/4

Jan

143/a Mar
*

'

United Corp of Del
U

S

Steel

Corp

4 »/e

4%

230

2%

Jan

•

22%'

22%

769

20%

Jun

235/a Aug

48%

48%

345

35

Feb

51

5

2.50

2.50

100

(Un)—1

85c

87c

2,500

common

Consolidated

4%

1

(Un)

(new)

Oil

10

48,A

Sep
July

Apr

28c

.r

Jan

700

665

28%

•

19% July

180

8

a27% a273/4

—

Feb

2.65

1.50 July

1.60

29%

Aug

2.25 Aug
35

15%

,

35%

„

Universal

10

Company

series

Puget Sound Pulp & Timber
Pullman

Utah-Idaho
Westates

9

15% Aug

41%

55%

Jun

al8% al8%

17VS#

17%

20

39

Jun

27% May

46 y4

Sugar common

Petroleum

(Un)

common

(Un)

1

Sugar common

2.05
85c

2.70

Feb

Apr

1.20 May

Feb

5'/a

5%

1,120

5%

Sep

73/4

Jan

20%

20%

195

177a

Jun

223/4

Jan

a6%

5%

1

a6y4

60

53/4

Feb

a27% a27%

40

Sep
Jan

Sep
15% Sep

West

Indies

Western Air Lines Inc

1

(Un)

•;

7% Apr

Jan
Western

Libby McNeill & Libby
Lockheed

200

__

•

common

Leslie Salt Co

Loew's

37

2,450

35

13% July

550

,

33%

—25

Union

2.10

.*

1

Corp

13% Aug

Aug

157a

35 Va

Phelps Dodge Corp (Un)
Fhhiips Petroleum Co.

Preferred

Corp (Un)
Lt

Feb

a8%

P2#

&

10%

35

a27%

Kaiser-Frazer Corp
Kansas

147

2.05

(Un)_«

Co

Jan

12

Aug

11%

33 %c

Tide

14

85

33%

Pepsi Cola Co (Un).—...

Swift

Mar

75% July

29%

—

—100

Airwavs

Comoan!es

Jan

66 y2

a8%

11

(Un)

4y»

Jun

—

;

—33%c

Canada

Jun

42 y4

—

20

—

1.65

565

2.10

(Un)__l

_—.

104

50V2

12

—

5

50

__

Car

Jun

May

5

Corp

Motor

Foods

Idaho

Idaho

IXL

15

Pineapple Co Ltd.—
_*
Eattery Co class A (Un)—__*
Development Co
1

Holly

American

Paraffir.e

Pennsylvania RR Co

1. -"v

Hawaiian

,_

10

115

1,414

Sep

(Un)_*

120

4%

common

com

Sep

13%

14

77%

4J/2

Standard

—

Apr

25

com

Jan

22% May

May

28%

Cement

Packard Motor Co

47% Mar

Jun
Jun

13%

*

(Un)

71

10%

_,_100

Rubber

5

47% Aug

11%
19

4%

common

Service
Tel

61

Soconv-Vacuum

36%

__

10

—

common.—

100

175

__

•

(Un)

6%

a42% a42%

—

_10

non-cum

Stores

Public
Tel

Conv

•

(Un)

6%

a50% a51%

■„

*

Corp

&

__

.5

common

Co

Ry

—

*

Jun

Feb

.—5

preferred

Portland

48 y2 Mar

*

—

(Un)

8

__

Lighting Corp

Pacific

Shell

8%

8%

55

'

Pacific

Sears

10

17%

1,200

18%

a30

common

preferred

Feb

125

■-J-; ■'

Bros

Jun

Jun

Jan

26%

__

Aug

25%

41%

alOl

__

27%

21% Mar

11

a

1.55

preferred

Pacific

Apr

5% Aug

6% Aug

...25

Electric

1st
red

Pure

8% Aug
20% Aug

14%

a30%

6%

Pan

Jun
Feb

53% Mar

14

—100

(when distributed)

5%

Jan

42% Mar

200

Greyhound;5., Corp
Hale

Jan

9

Co

Corp

Tire

North

a28
1 35

83i

Golden State Co Ltd 4%

Great

14%

33% Aug

al77a al8%

26%

10

Co

Motors

Jun

Jun

9

(Un);

General Foods CorD

General

10%
27%

8%

Works

General

Jan

130

9

Nemours

Capwell

Electric

Apr

(Un)

63/a

17%

15

76

100

com

150
325

10%
al8

Apr

8%

a6%

10%

*

57% Mar

20%

20

a6%

cap

Jan

58

8%

Machinery & Chemical

General

36 %

Feb

428

33 y8

155

11%

15

de

Kodak

Feb

Jun

—

l

common

Bridge

Dorado

Emporium

*»n

52%

5

Co

(E I)

29

A common—5

Fields Co

Chemical

300

18%

__

«

(Un)„

Doernbecher Mfg Co—

Dow

33

54%

13% July

1

___

Dominguez Oil

Apr

50

—

Corp common—.5

Corp

Jan

8%

al4% al4%

a40%

___5

preferred

common

25%

Jun

100

*

Giorgio Fruit
B

Jun

__

(Un)...»

Inc

Corp

Jan

30

__

2nd

22

5%

30

__

(Un)__ 15

Preferred

Curtiss-Wright

Jun

—

25

Orisoliaateo

Oil

13%

—

*

common

Edison

of

41% May

20

1

Jun

a63/4

8%

-

«

(Un>

Aggregates

1st

July

13%

*

red

23c

13%

United Filters A—,

5%

July

22%

(Un)

&

15c

Jan

Jan

19% Mar

.

Gas

600

2.10
35c

48

(Un)

Ry

Co

Aug

Jun
Jan

1,000

a52% a52%

77%

com

Co

Parlio

Consolidated

Creameries

24

21 y4

a50% a51%

__

Broadcast System A
2%
Columbia Gas System common
(Un),..*
Commonwealth & Southern (Un)
*

Continental

18% Aug

Pac

Jan

100

51%

Columbia

Commonwealth

B

Jan

100

15%

a217a a21%

__

31/3

Iron

Oil

Oliver

Mar

Feb

5%

51%

10

Co

Colorado Fuel &

2.60

40%

a30 a30%

__

__

25

(Un)„

Chemical

14%

205

1 35

—

'

100

__

Jun
95 Mar

23

33

~~

(Un)-*

com

7
7

75/3

a27%

RR

2% Aug

60

al3% al4%

__

l

—

Chrysler Coip

Clorox

al4

America

Chicago Milw St. Paul

Jan;

54%

-

10

Eureka Mining Co
Chesapeake & Ohio Ry (Un)

"

32y4

__

(Un)____25

Central

Ohio

Aug
34% Mar

Oil

Edison

Pacific

50

common

Oceanic

50

75/3

__

•

common

—„—______—

,355

23

•

Packing Corp

Preferred

15%

*

Cement

100

a43% a44%

„

2V2

Aug
Jun

26 y4

478

1

(Un)

Jan

37 %

1.35

22c

206

Corp

Invest

Pacific!

Pacific Coast

5

Bunker Hill & Sullivan

7%

Mar

42

2,400

(Un)

__

Northern

Apr

Jan

400

preferred

Jan

100
.

American

6%

Ohio

2%

15

Mar

18c

17%

33 y4 May

100
"

Sep

Jun

21

capital
Co

18c

18c

3ic

27%

7%

150

1.55

31c

18

Jun

21

_■

Service

American

Mar

32c

Jun

(Uni

(Un)

6

Jun

Jun

Holdings Corp

Eorden Co

Co

20% Mar

Jun

8

Boeing Airplane Co

Blair

%

5

28%

2

4

22c

165

a47% a48%

28%

Pi

Bishop Oil Co

5i/8

8%

__

3

Mining

2,000

20% Mar

320

25c

5y8

—

5

(Un)

5

25c

__

3

(Un)

Corp

Natomas
North

1.55

High

Jun

.5

National City Lines
National Distillers Products
Linen

;

a527a

»

(Un)

Fibres

National

North

Baltimore & Ohio RR
Landini Petroleum
California

9% May

36

87

10P

of

Jan

25
125

a9%

Imp Diesel Engine
Big Wedge Mining Co
Avco Mfg Corp—;
Atok

6%

a978

a88% a8978

,,

5

Atlas

100

31% Mar

20

5%
18

10

Co

,_

Anglo Calif Natl Bank

a8%

Low

a36% a37%

__

31c

1

—

Co

&

Mori ison-Knudsen

Nash-Kelvinator

1

1

620

a8%

P10

11

27 y2

Range Since January 1

High
a8%

25

27%

18

Co

Shares

a8%

_1

Mindanao Mother Lode Mines

for Week

Low

5

Feo

__

__

50

Range
of Prices

,

1

Calculating Machine.—,

Sales

Week's

Friday
Sale Trice

Low

a2

-

—100

(Un)

9%

„

(Un)—*

(Un)

American Viscose Corp com
American Woolen Co (Un)
Anaconda

20

22%

16%

__

*

9

Magnavox Co

High

22 y4

;

(Un)__l

common

Foreign Power

American

'

*

SEPTEMBER

Par

Shares

Jan

32% Mar

6%

Jun

8%

16%

Jan

21%

Apr

14%

Jan

18% July

Railroad

Co

com—*

—

a

^13%

May"

Western Union Telegraph

(Un)

*

al4%

al4% al4%

80

Westinghouse

(Un)

12%

a24%

a24% a24'/2

137

4%

225

43/a

Jun

a49 a49 %

187

443%

Jan

Elec

Corp

21

Jun

—

16% Mar
263/4

Jan

77a

Jan

Jan

37

350

Pacific

Willys-Overland
Woolworth

(F

Motors (Un)
(Un)

W)

1
10

4%

49% July

'

For

footnotes

see

pcee




42

37

EXCHANGES

ENDED

STOCKS—

for Week

of Prices

Low

(1013)

Sale#

Range

Par

WEEK

Exchange

Week's

Last

Sale Price

FOR

CHRONICLE

I

38

(1014)

THE

COMMERCIAL

CANADIAN
RANGE

Montreal Stock

&

LISTED
WEEK

FOR

FINANCIAL

ENDED

CHRONICLE

MARKETS

SEPTEMBER

f>

Friday

Exchange

STOCKS—

STOCKS—

Range

,;

,

,

.

Power

&

14%

14%

3,516

18%

18%

700

22

22

•

100

Algoma Steel
Aluminium Ltd
Aluminum

Co

Anglo Can Tel
Argus Corp
4 % %

JLto

4%%

pfd

common

St

A

Mills

St

30

Jun

175

26%

25%

class

26%

Jan

50

61

Sep

76

21

Jun

26%

42%

47

Sep

5%

Jan

Jan

6%

Jun

Sep

Mar

Jan

Jun

23

25

43%

42%

43%

Jan

20%

21

2,848
2,232

38%

20%

•

25%

24%

25%

984

25%

25

25%

525

24% Apr

•

2%

2%

2*4

3,385

3

Jan

A__*

28

27

28

39

28

3'/2

14

17

3

' 3 V2

1,411

•

15 V2

15 V2

25

•

Canada Cement common
$1.30 preferred

Canada

Northern

5

5

31

31

635

*

25 V2

2814

A

Safeway Ltd 4%% pfd
Steamship common

100

$1.75

common

43%

Sep

21

Aug

22

25%

Sep

Feb

25%

3%

4% Aug

Sep

a98 V2 a98 %

1414

15

14 %

190

20
11

240

20%

10%

11%

925

14%

14%

261

98% July
14% Sep

96% Jun
12

Jun

33

Jun

37%

18% Jun
19

9%
13

22

July

23%

Feb

Aug

Jun

14%

Jan

Jun

17

Jan

40

29

28

29

495

24

Jun

13%

13

13%

150

12

July

16

16

16%

3,674

Jun

17 Va

11%

12

600

11

May

14%

Jan

98

96%

98

851

81

Jun

23%

23%

85

20

Feb

30

19

340

14%

Jun

25

*

preferred

Apr

Apr

19

18%

Coal

37

36%

37

290

31%

18

18%

460

16

Provincial
Quebec

class

7%

;;r 200

7

41

41

41

125

16%

22%

16%
" 23

1,577

22%

23

21%

16%

±*

20

350

35%

13%

Jan

37%

Apr

21
.

Feb

8% Mar
41

96

'

•

Rolland

Paper

_—

common

:

_*

.

preferred

V-

Saguenay Power 4%%

pfd

25%

6%

Jun

I

14

v

"

10% Mar

11%

Feb

16

Jan

17%

Jan

125

25

Jun

27

Jan

6%

50

6

67

67

67

25

67

6.75

7.00

6,650

-

102%

*

•

102% 102%

%

Jun

9%

Aug

52

100%

Jan

94

5.90 Feb

Jan

7.10 May

Jan

103 %

Apr

6%

6%

50

4

May

10

20%

20

20%

80

17

May

22%

Jan

1

12%

11%

12%

215

9

Jun

14%

Jan

21

21

21

Aug

24

Jan

70%

Sep

86

Jan

36%

Jun

43 %

__

Jan

St

Lawrence

Flour

Paper

Lawrence

Mills

2nd

1st preferred

*

common

__

71

70%

71

199

1

Sicks Breweries

43%

42%

43%

200

*

24%

24%

24%

2,952

22%

Jun

25

50

Power

47

47

Apr

47%

490

45%

Jun

48%

Jan

18

18%

170

15

25

Jan

18

18%

445

15% Mar

com

*

com

common

•

18%
>
__

Voting

trust

certificates

Southam

Press

Co

_____*

■

17%

Canada

Power—

*

:

17 %

18

425

__

20

400

17

1

July

16

20

al7% al7%

17

•
__

Southern

30

99

Dreferred

18% May

Feb

"

Sep

18

Feb

May

20%

Jun

.

Sep

18% Mar

Standard Chemical common
Steel Co of Canada common

preferred

Thrift

Stores

Tuckett

•

Ltd

Tobacco

8%

9%

17,905

85

85

85%

442

a84%

a84%

a85

50

14

14

65

161

161

15

6%

1,575

*

_

1%

9%

•

25

__—._.

__

preferred—100

—

5

Jun

9%

Sep

78 % Mar

85%

Apr

80

85%

Jun

13% Aug
158

Feb

16%

Jun

Feb

170

Jan

Steel

Wabasso
Walker

Corp

•

Western

Grocers

Weston

6%

6%

*

14%

14%

15

175

14

May

•

29'A

29

29%

475

24

Jun

Cotton
Gooderham

Si

Worts

Ltd

(George)

class

A_

*

33

21%

Jan

21%

202

19%

Apr

22

11%

1,138

170

70

al5

8

10%

!_•

29

Feb

12
170

33

Sep

33

a24

a23 %

a24

120

21

Apr

25

Apr

33%

34%

2,322

27

Feb

37

Apr

__

11%

Jun

25%

10

Nova

20%

215

19% Mar

20% Jan

24%

24%

410

22%

Feb

24% May

29%

29%

29%

50

28%

Feb

29%

Sep

26

26%

1,410

25

Jun

26%

Jan

35%

35%

150

34

Apr

25%
25%
a37% a37%

1,100

10

Scotia

i

Royal

20

24%

10

1

20%

__10

—

Imperial

26%

10

L

10

Torgntp-

__

'

if,—10

:

25%

a37%

14%

60

13%

Jun

17

11%

Feb

14%

Jan

14%

50

14%

Jan

16

Apr

310

13%

29%

200

24

Jan

29%

Sep

20%

358

19

Apr

28%

Jan

92

170

85

Jan

92

16%

16%

16

July

2%

_•

153/.

15%

50

common

59

109% 109%
2%

a51%

10

2%

125

15%

320

a51% a51%

•

14%

62

14%

165

15%

17%

108% July
1.75 Jun
13

110

Jun

9%

9%

100

8

30

-IIII50

30%

278

27

43

43

20

42

•

Jan
Jan

A____

2 %

200

40c

40c

2.000

14

al4

•

Brewers & Distillers of Vancouver
E>ritish Columbia Packers Ltd cl B
Brown

Company

common

5

16

17%

Sep

2

Aug

40c

Aug

Feb

2% Aug
1.15

Jan

1

13

Jun

6

6

6

100

5

% Mar

6%

Jan

2%

2%

2%

1,350

2

May

4

Jan

78

a77

a78

20

71

Jun

103

Jan

a2

4

Jan

a

1

Preferred

50

100

a

15

Jan

Burnett
Burns

Ltd

Co

&

._!

_.—^

Ltd

*

class

B

Ltd

1

10% May
31
Apr

Canada

46%

Canada Malting Co Ltd
Canada Packers Ltd class A

Jan

&

a2

*

Co

Dominion

Sugar

—

a__

9

21%

480

47

•

*

10
50

20%

21%
*

2

al4

10%

47

110

a31% a31%

— —

50

al4

10 %

1

10%

5

Aug

a.._

—

Jun

w._

12% Mar

18%

Jun

23

Jan

42%

Feb

50

Jan

32%

Feb

22

Jan

31% July

•

19%

20

952

100

175

175

46

170

Jun

25%

25%

Ingersol Rand Co Ltd___

0

150

64

64

64

24%

95

Jan

81

Jan

25%

Apr

Canadian

Intl

July

6%

*

100

a3%

3

Jan

4

Jan

a3%

45

6%

7%

Jun

Canadian

Marconi

May

al.50

al.75

300

1.15

Jun

al.00

al.00

18

7%
'

6%23

24%

1.730

19%

Feb

84

84

15

83%

Jan

25

Aug

25

25%.

16%

17

31%

56

"V

%:•"

80

1,358
1,450

8

1,144
305
10

18

4%

Jun

Canadian

Pwr

&

Canadian

Silk

Products

25%

Sep

Canadian

Vickers Ltd

8%
22

Jan

Chateau-Gai

36

Jan

Commercial

44

Jun

58 Va

7

Jun

12%

Jan

13% May

16%

Aug

Dominion

Feb

110

19

Jun

23

125

22%

Jun

29

Jan

18

100

16%

Feb

19%

Jan

20

11%

11%

100

8%

40%
19

8%

200

6%

250

17

17

100

94

18%

Ltd

class

al.50

com-*

A

■>

common.

a21 a21 %

2

Wines Ltd

Alcohols

3 %

••

*

Ltd

of

common—*

Can

Ltd

•

94

30

13%

Jun

10% Aug

15% Mar
15

Consolidated Paper Corp Ltd
Ltd
(R L)

Engineering

Works
Donnacona Paper Co Ltd

•

Feb

Eastern

Steel

Fairchlld

Products

Aircraft

2%
—

15%

«

7%

•

Ltd

•

Ltd

5

Jan

Jan

40

19%

Jun

24

Feb

69

75

62

Jun

84

Mar

3%

1,200

3

Aug

4

Apr

July
Sep

a8

10

8

2%

2%

825

2

11%

11%

75

15%

16%

7%

v9%

2.P7r!

*

Jun

9%

Jan

July

7%

Jan

Foreign Power
6%

Sec Corp

•

—

Jan

Aug

19%

15%

22%

Jan

Halifax

Jan

Horner

Ltd

Mar

—

A ;, ■'

6

Feb

30

42

Feb

48'

Jan

14%

14%

200

13%

Jun

20%

Jan

7%

Jan

5

*

25

5

925

5

60c

7%

Aug

1.35

1.35

—

35%

35%

50

1.50

1.30

1.55

11,350

1.25

Jun
Feb

-

31

18%

1,237

13%

905
30

17

Aug

20

33

Feb

41

Jun

10% May

Hotel

Lakes Paper Co

de

(Frank

LaSalle

40%

41

435

18%

19

930

17

Aug

23%

Jan

50%
50%
101% 101%

6%

50

50

Aug

52 %

Apr

Loblaw

Jun

101%

Sep

Lowney Co Ltd

Ltd

class

A

1.55 Aug

Apr

36%

July

2%

24

150

20%

20c

•300

20c

30

4

Jun

6

Apr

84

84

50

84

Sep

87

Aug

35%

35%

30

35

Jan

9

10

July
8% May

40

9

7

*
9

*
—

7

100

7

Jun

8

Jan

al5

al5

5

14

Aug

15

May

.

Jun

26

25c

10%

Sep
convertible
Groceteria

Ltd

common..*

preferred-;
Co

Feb.

Jan

a5%

20c

a5%

*

Inc

Investment Foundation

100%

pfd A__

10

W)

Feb

a5

23%

*
100

Goodyear Tire & Rubber of Can Ltd—*
Great

17%
12%

Apr

100

1.35

•

com.

Insurance Co

15

18%

7

a45

Jan

Jan

Jun

7

Jan

*

Ltd

red preferred..

95

13%

Feb

6
12

Jun

'

Manufacturing Ltd

14% July
91% July

al7% al8%

20

2.00

2.00

1.25 Mar

a45

Fanny Farmer Candy Shops Inc..____i
Fleet

Feb

3%
a8

:

Ltd

Ford Motor Co of Canada class A
6

178%

68

•

Co

Jan

25

14%

12%

Inv

19% Mar

Aug

700

14%

17%

Paper

Crain

Jan

105

__

Jan

15% July
29

Jun

com

1

Sep
Jun

19%

11%

a

Ltd

Co

86

19%

14%

•

Trust

24%
.*

18

;

Inv

Consolidated Bakeries

105

19%

preferred

Canadian Western Lumber

31

57

'

8

395

5

31%

56%

Massey-Harrls




class

Canadian Industries common

_II__I_IlOO

42.

Ltd

Canadian

16%

•

Millen

_*

Jan

105

40

&

20

Jan

16%

100

Brand

'

pfd

Jan

6 %

preferred-.

Belgium Glove & Hosiery 5 %
Bickle Seagrave Ltd!

14 %

*

Telegraph

16

2%

Jan

19%

17

page

16

2%

Jan

Jan

6%

13% Mar

16%*

:

Locomotive

48

652

105

"•

a5

14

31%

IIIIIIIH*

II

a4%

High
18

12%

Aug

9% Aug
3% Jun

13%

B

see

a4%

14

56%

> 5

3

Molson Breweries Ltd

1,265

Jun

16%

•

9%

16% Feb

38%

84

•

Oil

750

9%

550

25

MacMillan Export class A—

14%

9%

•

3.729

*

Secord

Low

14

Aug

25

4%%

Ltd—

Range Since January 1

High

14

18%

24%

A»_III_IIIII*

preferred

Low

Ltd__^___5

44%

--

A

Ltd

Steels

Alias

Co

18%

—_

•

__

Development

Shares

43%

'

—25

Ltd

Par

Anglo-Nfld

tor Week

Range;;
of Prices

14

preferred—.

(John

Aug

18%

100

(John)

Apr

37%

44%

£1

__1

Jan

17

Aug

common...

Jan

16

Mar

43

eommo

May

52 %

Jun

30

26%

Feb

Sales

Week's

Last

Sale Price

Butterfly Hosiery

•

common

36%

35%

Jan

2% Aug

50% May
14% May

Mar

24% Jun

Funds

Friday
STOCKS—

Jan

100

29

16%

•

105

Montreal Curb Market

Jan

92

•

Sep

Banks—

Commerce

Aug

20 %

IlOO
Ltd

Jan

34%

Jan

Jan

Jun

Jan

Aug

13%

14%

50

7%

16%

29% Aug

•

common

26% Mar

165

33

Jun

•

common

Winnipeg Electric

5%

Jan

215

13%

—III100

—

footnotes,

6 %

,

49

1st preferred
2nd preferred

26% Mar

14%

•

McColl -Prontenac
Mitchell (Robt)

140
124

25%

6.75

i.,

—100

Corp common

11%

al6 al6%

25%

100
»

11

al6%

*

___.

Royalite Oil Ltd

St Lawrence

11%

>

•

Knitting

Bathurst pr 8c Paper. Co Ltd class B__•

common

Lang & Sons Ltd

'

Sep

17%

Feb

13%

•>

•

For

Jan

Aug

—5

Co

122% Jan

21

.100

&

Feb

14%

23ZZ

!

-15

Montreal

Jan

15

al5

11%

_•

International Nickel of Canada^

Montreal

36%

169

•

Products!"I*

International Bronze

Morgan

Jan

11%

23%

_*100
~~~
*

Indust Acceptance
Corp
4%%
preferred

5%

Jan

11%

%Jun

B—"__28

common

-

Paper

Corp

Transport

Power

Regent

United
Feb

28%

Jun

7%

•

preferred

Bros

11%

*

-25

Lewis

96

Jan

22% Mar
133

Aug
8% Jun

25

_

common

convertible

39

98

Canadienne

Bridge

Laura

42%

38%

19% Aug

Wares

preferred

433

38%

Sep
May

Jan

12

•

_

>n_5

Class

Jan

295

•

Mailman

22% Mar
39

9%

common-.,.:...

Bakeries

Ltd

Jun

9%

»

Labatt

19

34% July

9%

•

pfd Inc 1927
Gypsum Lime & Alabastine_

6%

1,790

36%

24

Goodyear Tire 4%

5%

22%

36%

25

preferred

8%

21%

22

26%

preferred

preferred

45

Jan

26%

Famous Players Canada
Corp
Foundation Co of Canada
Fraser Co common

$2

Jan

Jun

Series A 4%
preferred
Sherwin Williams of Canada

26%

Heating

Smith

37

95

Shawinigan Water &

July

_

Howard

205

Canadian

Textile

Hamilton

45

•

75

Sep

■>

Steel

44 %

Apr

96

Feb

Apr

May

Eddy Paper Co class A
preferred
Electrolux Corp

General

45

26% Aug

100

11

8%

20

common

Power

•

preferred '

Montreal

5V2%

Jan

Jan

28

10

•

Gatineau

20%

16%

25% May

130

Dryden Paper

General

560

60

150

3

Redeemable preferred

Galr Co

26%

Jun

208

190

v t c

&

26%

Jun

11

21

Dominion Tar & Chemical

Enamel

26%

Jan

Jun

26 >/2

26% Jan

130

Bridge

preferred

23

23

12%

10%

,

20

Dominion Coal 6%

7%

173%

Jan

45%

26'A

4,704

•

Dominion

Aug

18

•

34%

Feb

37

•

St

Feb

168

872

St

130

Distillers 8eagrams

Dominion Steel

20

10

75

Jan

20

Railway

Glass

1,251

280

30

21%

5

Dominion

23
23

15

5% May
33

May

130

Companies

Dairies

22%

23

59% Aug

52%

Jan

preferred—100
Investment-

Consolidated Mining &
Smelting
Consumers Glass

Dominion

May

14

Jun

37

•

Locomotive

Dominion

49

51%

27

25

Canadian Pacific
Cockshutt Plow

1,697

Jan

15

4%

Jun

27

Jan

25c

Oil

Feb

58%

23%

52

21% Jun

20

Canadian Ind Alcohol class A

Canadian

Jan

23

57 %

Jun

168

common

140

21'/4

Fairbanks 6%

Canadian

104

Jun

16%

•

Ltd

410

37

•

common

common

Foreign

Jun

20

__

;

•

Co

25'A

•

8eries

Canadian

100

5

985

168

com

Co

&

28 V2

21%

•

series

Canadian

10

21

•

Bros

7%

$1

19
100

21

Power Corp of Canada

25

1414

50

Celanese

Sep

Aug
11% Jan

Price

28 Ve

•

—

•

Breweries

Canadian

10% May

22%

•

11

•

Corp

Canadian Car Si
Foundry
Ciass A

River

43

Jan

22%

100

Products

—

♦

preferred

Bronze

•

f "V-

39%

40

100

58

common

High

;

34% Mar

60

18%

__

21

•

Light, Heat & Power
Page-Hersey Tubes

Jan

17% May

105

20

Power

19

100
0

Ottawa

Powell

: 455

25

•

pfd—L_

Ltd

Mills

Steel

43

Sep

•

2% Aug
24% Feb
2
Jun

Building Products

class

Corp
5%

42%

Low

39%

__

-

—5

preferred

4%
17%

■-

Forgings

Flour

1%

423

A

Canada

pfd.

Range Since January 1

High

38%

—25

Weaving

Mines

Ontario

275

1,630

•

Ltd

Car

(Wmj

Wire

Noranda

Jan

64

6%

Chemical

Shares

39

,

—.

&

Steel
Ltd

Jan

23%

6

National

Neilson

61%

64

243

Drug

Niagara

56
fVv'v:

23%

42%

National

Ogilvte

May

41

19

Power

;

Canadian

466

1,200

if:

preferred

for Week

Low

Breweries common.—__

Jan

19

Oil common

Class B

Canadian

102%

25

Light

British Columbia Forest Products
British Columbia Power
Corp cl
Class B

5 -1c

99% July

19

Preferred

Canada

Jan

•

—

Trac

British American

Canada

24%

•

Telephone

Brazilian

Jun

23%

•

class

Jan

42%

100

Paper

Jan

42%
6%

•

Power

19%

10

40
52

26%

50

Corp

Bathurst

Brack

50%

25

17%

20%

Jun

'

'

28%

50%

pfd

preferred..

Asbestos

Bell

Co

4%

39%

•

High

9% May
16

125

5

a98% a98%

_•

of Canada

Range Since January 1
Low

14%

18%

Acadia-Atlantic Sugar class "A"
preferred

1%

High

•

20

common

$1.50 preferred
5%

LOW

A.Par

.■

Paper

Shares

National

for Week

of Prices

Sale Frioe

Abltlbl

Sales

Sales

Range
of Prices

Par

Week's

Last

Week's

Last

.

Sale Price

Canadian Funds

Friday

Monday, September 12, 1949

Ltd -class

(Walter M>

*

•

Jan

1

8

Apr

8%

Jan

a49

1

49

Aug

51%

Jan

30

30

25

30

Sep

30

Sep

14%

14%

380

13%

Jun

16%

Jan

a8

14%

a8

a49

—50
B

Apr

'

Volume

170

Number 4837..-.

:

•

&

COMMERCIAL

THE

LISTED

CANADIAN
RANGE

Friday

CTnrFC,

STOCKS*

Range

MacLaren

Power

Maritime

.7%

Paper

Co

•

&

Tel

Maxwell

Mersey
Mica

a33

a33

15

32

Aug

39%

18%

18%

55

17%

Feb

18 % July

18%

18%

50

17%

Jan

18%

Sep

__

24%

24%

50

23% Aug

27%

Jan

conv

&

Paper Co

Power

N

C

Part

1

7%

pfd

13%

14 %

1,000

72

72

72

110

10

10

10

25

6%

5%

6%

645

_

a26% a26%

—15

6

Jan

8

—

Feb

12%

1.10

Jun

22%

$1.50

Russell

Industries

Southern

pfd__100

9%
4

II

Feb

Preferred

Jun

7

13

26%

Jun

Algoma

Jun

20 %

80

104

Apr

III

30

51

Jun

54

22%?

22%

662

a8%

% 20

67c

Co

Ltd

pfd

ig

12%

Feb

igv8

150

15

Jun

44

108

Jun

109 109%

*

43c

43c

43c

1,903

41c

30c

30c

900

25c

Union

Gas

Westeel

of

Canada

Products

13%

14

125

39%

393;,

100

Mining

Ltd

*

Ltd

Mines

Ascot

Metals

Base

Metals

Bob's

Lake

Bonville

.1

Gold

Mines

Mines

Gold

Bouzan Gold

Ltd—__i

Mines

18%
113

Jan

46c

Central

Cortez

Cadillac

Explorations

Cournor

Dome

East

Gold

Gold

Ltd

El-Pcn-Rey

39%

245

35

50%

52

575

40%

26%

26 %

160

25% May

26% July

21c

23c

4,200

12c

25c

25c

2,000

12 %c 13 %c

50%

25

pfd.

2 %c

Aug

54c

Aug

25c

_•

Oil

65c

47,400

3c

Formaque Gold Mines

Ltd

Mines

Cons Gold Mines Ltd
Hudson-Rand Gold Mines Ltd
Lake

Mines

Joliet-Quebec

Mines

Kerr-Addison

Gold

3c

Jan

4c

for

500

3c

Jan

5c

7c

7i/aC

2,000

5c

Mar

25c

Labrador Mining

Lake

Dufault

Lake

Rowan

Lake

Shore

Lingside

Mines

Gold

Louvicourt

Ltd

26,500

5C

7c

1,000

65c

5d~ Jun

6c

5,000

12%cl2%c
4c

3%c

Jan

39c

Corp

5

7c

May

common..

11 %c July

37 %c
16c

3%c Mar

7%c

Mines

New

Goldvue

New

Jason

59c

6

6%

Normetal

O'Brien

Osisko

Mining
Gold

Mines

Gold

Aumaque

Lake

Pandora

Pitt

Mines

Cadallic

Gold

59c

-

Co

May

Quebec

Yellowknife

Gold

13c

12c

14c

13,020

9c

Mines

Bankfield

Consolidated

9%

9%

880

22 %c

9%

15c

25c

11,000

7%c

7%c

20c

66c

July

Ease

12%

3c

3c

50c

3c
-

54c

al7% al7%

__

-1

34c

Santiago

Ltd

Mines

Ltd

Siscoe

Gold

Bidgood

Klrkland

Gold.

33c

Stadacona

Sullivan
Teck

35

14%

Sep

16

Mar

18

17

Jun

23

Jan

42%

43%

9,516

387/a

Feb

43%

Sep

16%

Jun

18

Jan

18

18

18

100

8%

7

8%

1,250

28c

200

72c

Jun

7c

1,788

$VstC

Jan

10c

Jan

15%

3,000

3c

Jun

8%c

8c

May

45c

Jan

41c

9,200
2,000

64

64

100

11

400

Mines

Ltd-

Jun

31c

Jun

75c

3.70

1.05

1.05

300

75c

July

5%c

100

4c

Mar

8c

5c

2,300

4c

Jun

9c

35c

35c

800

35c

Sep

35c

28c

4,700

17c

Jun

67c

4c

17,500

2c

July

8c

Jan

3%c

4c

4c

6%c

1,500

35c

600

3.35

64,722

a25ca25%c

200

61c
49c

49c

1.85
1.75

1.80

3.20

3.20
1.10
'

94c'

144,700

Ltd—

Mines

Feb

Feb

1.25 May

3.35

25c

May

42c

Mar

94c

3,000
3,200

1,401

1.35 Apr
1.30 May

3.20

100

2.90 Jun

Jun

63c
:

3,600

74c

Jun

8c

Aug

42c

May

1.28
4.45

108,100

4.00

3.40

4.05

21,700

5.30

100

5.15 Aug

6.10

2%c

2%c

2%c

12,100

2c

Jun

6%c

8c

113,500

3c

Feb

10c

A

2nd

Homestead

Cons

Oils

Delcalta

Oil

Ltd

tf

_

<=

1,300

2.90

Jun

5.80

1;—'

3.70
5.80

200

3.85

Jun

6c

-

3.60

7c

2,000

5c

Jun

15c 15 %c

*

Ltd-

Ltd—_

Co

3.60

—

2,000

10c

Jun

preferred.

Class
Home

V

"A"

Oil

-

—

%

i

Pacalta

Okalta

Oils

Omnitrans

Pan

•

Ltd

Ltd

Oils

Brazeau

For

Co

«

Ltd

_

.

see

• •;

6c

*

Ltd

__

Petroleums

footnotes

1.60

90c

Exploration

Western

South

Oils

Ltd..

nage




42.

«

14c

17%

Jun

3%c

4c

r

3c

1,000

;

Mar

25%

Sep

—

24

Jun

25%

Jan

57%

875/a

70

86

July

90%

Jan

20

97

May

101%

Jan

3

Jan

7

July

100

100 100%

2%

2%

2% Aug

1,450
30

6 %

6%

6%

28

27%

28%

1,040

25

Jun

28 %

Sep

3%

3%

3,175

2

Jun

3%

Sep

5% May

18c

May

37c

Jun

53c

Sep

18c

19c

10,600

10c

Jun

24c

Jan

2.10

2.30

2,800

11 %c 11 %c

500

6%c

6%c

7c

1.60

31

13%

5c

25

25

10

7%

7%

7%

230

16

16

250

5.70

5.70

5.90);

2,610

May

9%c

Jan

33

Jan

14%

Jan

29%

6%
16
■-

3.75

3,000

4%c

1,200

30c

—1

3.00

3.10

1,100

3%

150

7%c

2.70

Aug

8%

Jan

Sep

17%

Jan

Jun

6.60 Jan

Jun

9%c Aug
64c
Jan

Jun

94

95

118

84

Aug

95

Sep

42

42

42

30

40

Aug

53

Jan

25%

25%

115

22

Jun

28

28

215

27

Jun

30

Feb

47

47

125

43

Jun

50

Jan

10%

11

550

Jun

11

Sep

32

32

175

29

Jun

33%

Jan

17

Sep

•
20

Canada

—*
*

Malting
Northern
Packers
B

Power
class

28

11

0

A

a
——

a

Canada SS Lines common

Canadian Bank of Commerce

8%

1.65

26%
..

Jan

17

16

17

690

14% July

14%

14%

14%

432

12

Jun

14%

Wire

Sep

28

28

35

24%

Jaq

31

Aug

a

Cable class B

&

a

Bakeries

•

88c

Mar

Apr

2,995

8.50

Jun

13%

Jan

6,000

8c

Jun

J4r

Canadian

—

Conv

•

•'

8

Jun

6%

325

5%

24%

24%

24%

1,225

22%

Feb

24% May

21%

21%

21%

1,785

19

Jun

22

__

10

6%

Apr

2.00 May
90c

1.60

Sep

94

Canadian

Feb

10c

3%

3%
—50

com.

Feb

Sep
Sep

3.75 Mar

Jan

2% July

.100

Bread

pfd
preferred

Jan

75c
72c

Jan

Jun

3%

6.60

89 %c

2,000

Jan

Feb

24

160

25

May

27

50

13

20c

Jun

Feb

12% July

4,500

31
--

3.05

Jun

8c

35c

32c

1,000

11

7%c May

Jun

22

590

30c

•

12c

6,200

75c

Jan

Aug

1,500

-

Canada

76c

10%

21

1,438

7%c

Aug

preferred

167/B

17

290

13%

Jun

18

Jan

16%

16%

16%

270

13%

Jun

18

July

•

common

17

a

Canners

Canadian Car common

11

11

11%

925

9%

Jun

14%

Jan

14%

14%

14%

215

Jun

17

Jan

21%

22%

490

19

Jun

22 %

21

21

25

20

Aug

22

•

Jau

Class A
New

1,545

7%C

Flon

Fiin

Jan

1.32

72c

10%

.

21

20 7/8

1.25

Jan

76c

10c

•

Ltd

Co

:

Aug

68,900

•

6.30

1.25

1.27

«

Ltd

Petroleums

General

35c

25%

4

Edmonton—"

&

Canadian Breweries
1

Gaspe Oil Ventures Ltd

1,6.00

34 %c

Class

Anglo-Canadian Oil Co Ltd
Calgary & Edmonton Corp

40c

...1

Canada

I
•

35c

53c

«

Preferred

Jan

Oil 8tocks—

<•

Jan

22c 27 %c

4

A—

class

Canada

4%c Jan

7c

cla6S

Canada Cement common

Jan

1

Aug

B

Jan

1

Apr

10 %

4%%

Sep

63c

45c

25%

•

Linen

Canada

Jan

1.25 May

45c

5%c

Sep

8.25 Mar

Campbell Red Lake-

1.34 May

73c

Jun

25c

1,031

44c

__4

Steel

Co

Callinan

3.45 Aug

10,000

2c

1,583

Calmont Oils

Sep
Jan

1.14

&

Calgary

Jan

1.90
1.90

6,500

22c

-.1

Lake—

Products

Caldwell

Sep

49c

4c

28c

24%

—

Burrard

Jan

1.90

41c

Burns

Sep
Apr
July

25%

2.20

Red

Burlington

Sep

20c

4c

•

Canadian

Building

Jan

4o

19c

May

19c

Buffalo

Jan

37c

May

8c

51c

Buffalo Ankerite

Jan
..

1.57

11c

2%c July

•

Porcupine

Buffalo

14c

48c

\

Jun

11c 12%c

5.30

Ltd

Mines

July

1.80

63c

—„

1.12

Sep
Sep
May

-1

Oil-

Dominion

ulan

Buffadlson Gold

Jan

4c

fiftc Jun

1,000

3.05

12c

7c

16%

Mar

7c

85c

1,

3c

41c

3.25

1

3c May
11% Jun

1.22

1.10

Mines Ltd—i

50

1,000

41c

__

1

1,500

4c

1.20

„

41c

1

mU

al6% al6%
4c

British

25c

3%

4

Class B

Jan

3c

*

Sep

22c

3c

•

Ltd—

100

•54

9.85

3c

2%

Jan

__

12

4

25 %

100

4%%

1.15 Aug

25c

Jun

Jun

25c

•

May

5c

9%

Sep

9.50

4c'

1

1.95 Jan

1

1

Malartic

Westville

1.45 Jun

Jan

Jan

46

1,000

—

Mar

5%c

__

__

"

Vinray

1.72

'Feb

16c

19%

10%c Mar

3,000

21

Jan

2,000

33c

15%

17,100

3c

16c

9.60

A

Feb

Jun

800

1.90

a25%c

class

-25

18c

2.50

„

Millen

&

37c

34c

15 %c

1
»

Aug

51c

May

3%c May

10

3c

4

Pershing

5,200

..v

37c

„1

12% Jan

500

1.87

1

Ltd

Ventures

64

Jun

2.500

2.40

„

Boycon

Jan

Jan

;

50

51

16c

15 %c

-1

2.90 Aug

65c

1.88

Ltd

Upper Canada

8.50

Jan

22c

2.40

1
-

Asbestos Corp Ltd_;

United

51

70c

May

64c

„

Ltd

Mines

Trebor

2.12

22c

__

1

:

Mines

Mines

19c

12

14 %c

14 %c

-1

.

Gold

Boymar
Brand

11

__

Bonville
Bordulac

Jan

11,200

1

Mines

Bonetal Gold

Jan

5c

2.80

12
51

Jan

1.40

17c

38c

__

1

11%

6.25

5c

2.80

1

Ltd

(1944)

750

Jun

100

7% Mar

Feb

18c

8,500

15%

5

■

Aug

15%

2.85

1,000

5%c

15%

4

Bobjo

Apr

200

28c

5c

5c

Aug

76c

Jan

11,200

19

o

18% Aug

4.15

15

40c

1

Mines
Ltd

Iron

Cons

Hughes Gold

Torbrit
•

Mines

Rock

Steep

55c

Feb

65c

35c

14%

18%

43%

—1

4%c Mar

Jun

14%

15c

„

17c

50c

Sladen-Malartic Mines Ltd

.

2%c Jun
26c

7c

15%

.1

___

Mines Ltd

Mines

25

76c

__

50c
—.

Sheep Creek Gold Mines Ltd
Sherritt-Gordon

,

Apr

,

14%

-.1

Apr

4.10
76c

*

Senator-Rouyn

500

4,700
...

36%

395

18%

-25

Jan

23e

Feb

34% July

Jun

»

Mar

July

Jan

20c

Mining.

Metals

10c

4c

Jan

26%

1.06 May

a

8.75 May

Jan

11c

Jun

37% Mar

«

9%c

27c

Jun

25

Jan

Jan

617

Jun

4%c

800

Sep

July

6,500

14c

1,500

35 %

78c

16,291

2,000

8c

65c

24 %c

8c

20c

26%

95

Jun

22c

Feb

4.00 Aug

27,800

Aug

10%

38c

Jun

77c

19c

6c

May

3.00

37%

42c

10

10r.

36%

1,000

13%c

Jan

36

25,800

„

ITVaC

65c

75c

8c

20c

Jun

37%

19%cl9%c

__

6c

36

Jan

69%c

Sep

3,000'

70c

3.45

Jun

25c

37%

*

1.65

2.70

Jan

Jun

10

Ltd

Co

3,300

2.60

12%

8c

10

Barymin

0

2.70

Apr

9% Aug
'

Jan

18c

26

26%

a

62c

May

13 %

y%c Jan

7%c

1

-10

Feb

Ltd—1

Ltd

Jan

May

14%c Jan

May

1,533

Jan

*

Mines

Jan

10% May

4,800

25c

Red

Gold

8c

6%
30c

Jun

17c

16%c

Quemont Mining Corp Ltd
Crest

Aug

Jun
Jan

3c

3.70

Jun

'

.

5%
8c

60

1

Bagamac Mines

20% Aug

Jan

1

Ltd

Jan

15c

Jun

9,000

16c

Jun

1

Co
Quebec Manganese Mines Ltd

7%c

May

5c

3,5(50

3.50

6c

1

Quebec Gold Mining Corp
Quebec Labrador Develop
•

3c
'

4c

16c

16c

1

Mines Ltd

Aug

12

3.60

39c

1

Ltd

Jan

70c

12

1

1,000

•

Ltd

Gold

Mining

5.30

10%

Feb

3%c

1

Gold

3,000

1

Ltd

Jan

Jun

8.65 Mar

1,350

7%c

2,650

*

Ltd

2.85

22 %c

17,800

12c 13 %c

12c

.

18c

1

Corp

Mines

6 %

22c 23 %c

22 %c

1

11c

5

Ltd

43,700

4,500

18c

.1

Ltd

305

45c

11,000

10c

1

Mines

14,665

9.35

12c

18c

Ltd

Mines

3.75

4%c

10%c

l

Mclntyre-Porcupine Mines Ltd
Mining Corp of Canada Ltd

Jan

4c

•

Yellowknife

Sep

15%

Fields Ltd

Malartic Gold

Jan

68c

10c

_1

Apr

30c

10c

1,650

59c

(1937)

Jan

5,900

1

Mines

Aubelle

Feb

3%c Sep

16,500

1

Ltd

Jan

20c

Jun

4c

-1

Atlas Steels

Mar

1,000
13,200

5c

1

Ltd

38c

Jun

Jan

4%c

30c

1

Ltd

Mines

Goldfields

Macdonald

Ltd

Sep

9c

16c

10c

•

_1

Athona

Jan

13c

July

20%

1

Mines

Jan

Aug

25c

9%c May

I

7c

25c

1

& Explor Co Ltd

Mines

(1945)

May

1,500

_*

.10

Feb

4%c

_]

Ltd

61%

Jun

Jan
Jan

56

May

19,200

Mar

Jun

July

19%

l

Ltd

9%

Jun

4)

Armistice

Feb

4C

20 %c

20

l

Mines

Jan

7"%

3%c

29c

5

Ltd

103

Ltd—

(1

—

Jack

July

99

Consolidated

lor

Sep

2,000

9%c 12%c

__

1

Hollinger

Jan

29c

_1

Feb

60%c

3c

4%c

1

i.

25

35c

.

Jan

4c

II

1

1

Ltd

Jun

9.20

3.55

39c

May

Aunor

1
___.

Jan

19%

3.50

28c

1

Ltd

Jan

20%

28c

12 % c

0

Ltd

Mines Ltd

Mines

38%

Arjon Gold

.Tun

1

Ltd

Mines

125

Apex Consol Resources

Aug

100

l

.

Mines

Gold

l^c

*

Mines

Sullivan

Eldona

40

11,500

*

_l

Ltd

9

Mines

Ansley Mines

May

15 %

Feb

5c

_

Ltd—1

Donalda Mines Ltd

Duvay

Jan

33c

7c

.*

Mining Co Ltd

Mines

Dulama

65c

July

9

35%

4C

l0c

1

Mines

8%

_•

Rouyn

Atlas

'

Consolidated Astoria Mines Ltd_^_._

20

Lead

Ansley Gold

Mar

33c

__

•

Ltd

100

17

Jun

"

Canadian

Anglo

Apr

gc

_.l
i

Mines

—100

_100

Yehowsnife

Anglo

Jan

4%c

X

Ltd

/•;,

Gold

59c 60%c

33c

Century Mining Corp Ltd—.
Coiisoi

60c

1

Mines Ltd..

A

>

6,000
>

Ltd.,.

Ltd

Candego Gold Mines
f Centremaoue

27c

340

9% May
16

*

_i

Mining Corp

Bouscadillac

20c

<■

Corp

Gold

27c

22

Nepheline—

Argus
•

Ltd

20%

•

American

Stocks—

Anacon Lead Mines
Arno

13%

<■

■

Canada

of

Exchanged
__

—

Anglo-Huronian

103

•

1,750

•

American

Jan

8% Mar

100

Trans-Television

545

18%

Jun

10%

High

14%

18%

Jan

24

Low

14%

18%

*

Co.

Range Since January I

High

14%

21c

Feb

a8%

__

Low

•

Ltd

Aluminum

Mar

52%

Shares

2q

Steel

Jun

110

for Week

Par

Paper common

________—;

Aluminium

Mar

26%

15

Sales

Range
*f Prices

a

July

15%

*

Pr

Invest

22%

«

Ltd

Canada

Southmont

red

'

preferred

Anacon

Quebec Pulp & Paper 7%
Quebec Tel Corp class A

&

Acadia-Atlantic class A

Jan

52%

52%

Power

Jan

73 %

Week's

Last

I;!'V.

Jan

Mar

65

Exchange
Panda

Sale Frle*

May

109

50

STOCKS—

a

50

let pfd__100

preferred

Friday

Jan

Abltlbl

50c

13%

20

Ltd.;

,

a—

5,100

*

!

2nd

1.00

•

«

Ltd

Corp of Canada 6%

6%

goc

T

100
■

5

J.

Ltd

Manuiacturing

7y
a33

•

I*

Ltd

Service Stores

71/
a33

_

10

Ontario

Crush

71^

...I*1

„„

Enterprises

Orange
Paton

pfd.20

Ltd

Corooration

Nuclear

__

<■

Canada

Minnesota
Moore

Canadian

18%

Co Ltd 6%T*

Paper Co Ltd

Toronto Slock

High

18%

Ltd

of

Low

common__10

Co

MARKETS

Range Since January 1% I ;

High

.10

Teleg

preferred

Massey-Harris

Paul

&

Share*

Low

(1015)

SEPTEMBER «)

for Week

of Prices

Par

WEEK ENDED

FOR

CHRONICLE

Sales

Week's

Last

Sale Price

FINANCIAL

'

300

1.20

Feb

2.60

Apr

6,500

3%c

Jun

6c

Jan

9%c May

25c

Apr

22c

Jan

47/aC

7c

17c

17c

500

13 %C

14c

2,000

10 %c

Jun

Canadian
New

20

—

Celanese

preferred

Canadian Food
Preferred

•

common

—

Products class A—
_

-

--

—

a

10%

10%

10%

150

-100

65

65

65

25

13

8%
65

Jan
Mar

Jun

13%

Jan

Sep

77

Feb

39

40

THE

(1016)

COMMERCIAL

Friday

Week's

Last

STOCKS—

Par

Canadian

Indus

"A"

Alco

voting

Canadian

5%

•

Malartic

Canadian

Oils

Cos

Cariboo

Gold

225

69c 74 %c

15%

13

.1

15%

13%

.

Gunnar

Feb

Gwillim

Gypsum

Jan
Jun

11%

Jun

1.15

100

1.75

1.70

1.75

2,200

74c

71c

79c

5,500

92 %c

92 %c

1.11

21c

20c 21 %c

1.05

Sep

15%
101
17 %

1

Central

Leduc

•

Central

Patricia

Oil

Gold

Mines

Central Porcupine

Chemical

Research

50c

Cheskirk Mines

Citralam

1.50 Jan

Jun

1.75

Sep

56c

May

1.65

16,600

65c

May

10,150

14c

Jun

Coin

1.40

Coniaurum

2%c

4%c

88,500

2.66

2.75

1,500

12

Hamilton

1.45
32c

Jan
July

Hard

Rock

12

352

May

98c

10c

Jan

Hasaga

Feb

Hedley

Jun

2%c
2.00
11

Jan

May

2.85

5%c Jan
2.98 Aug

Heva

Jan

30c

Apr

Bellinger

July

7c

Feb

Homer

1.10

1.12

1.25 Aug

85C

3,000

28,100

Jun

15c

Sep

20c

Sep

9%C May

1,300

.

19c

Beattle

•

Bakeries

Consolidated

11%

—;

2

Mines

11%

95

60c

62c

13,856

61c

6c

6%C

8,000

6c

Jun

14%

14%

14%

^290

2%c

2%C

500

4.25

4.25

335

9%

110

23c

12,700

Mines

Central

Consolidated

Duquesne

Consolidated

Homestead Oil

Cadillac-

1

38c

7%
40c

jun
Jun

11%
70c

Lebel

Consolidated

Mining & Smelting.. —8

Sep

4%c

4,000

57c

82c

20,634
7,700

42c

Apr

82c

Sep

6%c

5%c

Jun

12c

7c

.

7c

1,500

97 %c

96 %c

98c

555

156

154%

156

135

—100

—

Corr

♦

Exploration

Sep

18%c,Aug

5c

July

17%c Feb

Jun

123

148% Mar

156

Sep

Hosco

—100

100

100

100

10

27c

24c

27c

13,700

10c

Jun

27c

Sep

56c

56c

3,600

40c

Feb

65c

May

50

50%

35

—1

....

Coal

Nest

50

Leather

Decalta

Oils

Consol

Gold

Hoyle

Hugh

—

Huron

Erie common

&

Oil

76c

4,340

100

Jun

Aug

45% Mar

100

52

4%

—

preferred

Indian

Lake

10%

1,975

5'Ac

1,100

13 %c

16c

71,100

30%

300

34c

35c

11,750

30c

8.75 May
4c
Jun

ll%c Feb

13 %c July
28
Mar

32c

Feb

30%

Sep

38c

Apr

27c

Jun

43%

44%

1,000

23 %c

Jun

39c

Jan

861

38%

Jun

57

Jan

2c

Jun

2%c

4%c

70,500

114

114

7

110

6c

Jan

Jun

117

Jan

29%

30

240

27'A

Feb

30

18'A

18%

Aug

5,353

16'/a

Feb

19%

Jan

14

1,047

13% Mar

14 Va

Jan

6%

6%

205

6'/2

Jan

25%

25%

7% Apr

65

24%

Jan

25% Aug

May

7%c Jan

1

14

13%

6%

5c

23%
44c

4'/2C
23 %

5C
23%

39 %c

48c

3,100

3c

230

20% Mar

23%

Sep

30c

Jun

54c

Jan

16

15,700

Aug
Aug

Jan
Bronze

preferred

20

Aug

23

Jun

33c

Feb

25

Milling preferred
Mining

17

17

17

25

20c

5u0

20

Feb

Feb

10c

20 %

20%

60

15c

15c

16c

11,600

1.7 6

1.65

1.75

1.4U0

1.20

Jan

1. /6

Coal

International

&

Coke—

class

1

A—.

-

7c

4,600

5c

Jun

15c

Jan

International

Nickel

37c

1,500

27c

May

46c

Mar

International

_100

25c

28c

19,800

20c

Jun

18%

19

300

14%

Jun

20

19%

20 %

3,775

15 %

Jan

in

26%

26%

26%

35

19%

19%

19% Aug
20% Aug

Coal

Apr

22

22%

Jun

27 %

10

10

10%

500

Jun

14%, Jan

16%

16%

16%

665

13%

28

28%

420

11%

11%

555

Invest common-—_1

Steel

18%

180

11%

Scottish

Feb

5

25

•

B

25

—

common

>

4

63

4

8

3% Jun

50

•

Co

common-

•

Jacknife

III1

•

11%

5

Mar

Jan

Jack

Waite

Mining

Joburke

Gold

Joliet

11939)

1

56c

•

■

Ltd

17c

Feb

28% Aug

Jun

12

40,400

35c

May

4,000

15c

Jun

18c

110%

Feb

21

100

31%

31 %

31%

1,548

29

Jun

7%

7%

7%

560

7

Jun

21c

21c 25%C

.

4.75

Sep

17,800

4.75

297,200

36

Sep
Jan

13

3%c May

Jan

52c

20 %c Aug

6%c

13c

15c

15c

15c

500

6c

8c

1,050

1

13%

22c

22c

24c

14,200

1

Kayrand Mining
Kelore

10%

55c 61 %c

17 %c

99% Mar

101
4.75

lie

52c

50c

53c

28,700

—1

May

-

Ken-Addison
Kirkland

1

Golden

Gate.

6c

6c

2,920

10c

12c

33,250

52

Mines

6c

12c

Kelvinator

21%

11% May

Jan
Jan

101

1

Quebec Mines

Jan

17%

300

33c

25%

4.75

—

1

_

Mines

Jan

Jun

11%

20c

21% July

b

•

Gold

32

32

85

17%

Jan

9c

13c

1

17%

19c

Jan

8c

Aug

15%cMar
26c

4%c
7c

26

27c

Jun

Jun

55c

Jun

Aug

14c

July

FeD

Kirkland

Lake

25c

Feb

Kirkland

Townsite

1

Jan

Sep

4%c

17%
5%c

4,090

5c

9,500

3c

Jun

10c

Jan

81c

8 4c

6,800

41c

Jan

95c

Apr

81c

20c

6,800
3,000

19%

175

1

10 %c

10c

11c

19,500

5c

Jun

1

15c

10c

16c

63,500

7c

Jun

6c

6c

6c

2,000

5c

July

East Malartlc Mines

2.56

2.50

2.66

12,150

1.83 May

2.70

East Sullivan Mines————.

14%

Jan

18% Aug

2.60

2.75

22,600

1.62

Jun

3.45

Feb

5

5

30

4% AUg

7%

Feb

—

81c
18c

—

19%

19%

1.19
11c
19

Jun

1.67 Jan
22c

Aug

23%

May
Aug

Jan

Apr

2.75

81c

1
*

Jan

23c

32%

Feb

Jan

65 %c

Sep

July

4%c Mar

81c

1

Kirkland-Hudson
.

23%

26% Aug

24%

19%

24

25

23%

32 %c Aug

28 Va

Dominion
dominion

—

101

1

Petroleum

19

Steel——

23%

-

6%c

27c

20c

<■

Aug

'Joe

—

.1

Magnesium

Duvay Gold MinesEast
Amphl

5,500

18%

*

common

Metals

—

_

.

171,500 *

5c

1

*

Industrial Acceptance
Inspiration Mining

International

—

Mines

60c

10%cl2%c

63,200

Aug

International

_

Mines

Jan

14c

10

25

Jan

Dominion

Gold

12%

Jun

29%

£1

—

Jan

Dairies

Donalda

Sep

Imperial Tobacco of Canada ordlnary~5

15c

Foundry

Dulama

12 %c

Mar

9%

*

43c

Dominion

Woollens

Jan

Mar

15c

10
—f—

Jun

Dominion

Dominion

Sep

65c

6c

11c

100

Bank

Imperial

Jellicoe

Dominion Stores

14c

50c

May
July

4c

International Uranium

Dominion Textile

Feb

6c

44%

;

Jun

1

class

Jan

59c

-

16c

1

&

83c

Jun

30c

Bay Mining & Smelting
Malartic

5%C

Lake—

&

Jun

21c

Mining

8,500

Lake

pfd

35c

1,000

35c

—

3,000

—

Dominion Bank

4,811

30

23c

•

_

53c

14 %c

Mines

8%c

A

Yellowknife

50c

5%c

22c

Detta Red

Discovery

Jan

10%

—,

8%c

Ltd

Distillers Seagrams
Dome Mines Ltd--

10c

60c

3%c

1

Red

Jan

July

12c

22 %c

Delnlte Mines

Dexter

Sep

12

5c

14c

1

class

325

4,811

23c 23 %c

International

Davis

35c

10
53c

~

—*

D'Aragon Mines
Petroleum

Jan

10% May

9%

——

International
Davies

Jun

25 %c

Howard Smith Paper com„

Jan

1.22

Pershing

Crow's

1.45

1.16

Mining—...^—_— —1

Croinor

8

Jan

81

1.17

Paper Box preferred

Cournor

4.50

3.50 Mar

Jan

50c

Yellowknife

Preferred
Conwest

Jan

3c

Jan

Oro

Consumers Gas

17

9%

.

Imperial
Consolidated

Apr

Aug

5%c

82 c
—

l%c

17%c Mar

Jun

Fen

4c

4c

•

14

Jan

27c

Hudson

Consolidated

—

—

Highridge Mining

Howey Gold
Consolidated

Jan

9%

Gold

Highland-Bell

iC

14c

25c

Gold

Jan

17C

15c

Jun

—

14%

2,500

11 %c

16c

Gold Mines

2,035

15c

4,700

Alabastine.

&

Gold

24c

1.10

Jan

23c

Mascot

4%c

11%C

05c

21c

Mar

May

1.95 Aug

23c

—

Aug

23c

Carpets

4%c

Ansley Mines

be

Bridge

Harding

23c

*

Mines

Consolidated Astoria

29,950

Gold

4%C

I

—

—

Consolidated

9,598

2.68

Yellowknlle

May

80c

9%c

.

4c

6,500

2.26

......

High

45c

7%c

—

Lime

Halliwell

41C

4.200

6c

2.18

4c

i.^.——

Plow

Lake

Colomac

58c

5%c

1

—

Wlllans

Cochenour

55c

£

3,500

7%c

Jan

2.18

Malartic

Cccxshutt

56c

1

Mines

Low

55c

Jan

Harricana

Chestervllle

Range Since January 1

High.

53c

Mines

Hallnor Mines

Castle-Trethewey

Low

Lake

Feb

12%
97%

Shares

53c

Gold

118

1.15

—

Jan

250

1

.

79c

3,462

16 %

-i

-

Jan

Jan

Lead

for Week

6c

11%
36%

Jun

t)5C

Jun

Hull

Sales

Range
of Prices

Par
Mines

Guayana

Jun

8%
24

4.3U0

100% 100'/2

2?

Railway.

260

29

13%

100

Pacific

Last

High

9%

Week's

Friday
Sale Price

Range Since

High

28'%

70c

•

common

preferred

Canadian

29

-

STOCKS—

Shares

9%

•

Canadian" Locomotive

MARKETS

WEEK ENDED SEPTEMBER [)

for Week

Low

♦

Monday, September 12, 1949

Sales

Range
of Prices

Sale Frlce

FOR

CHRONICLE

FINANCIAL

LISTED

CANADIAN
RANGE

&

East

Crest

„

—.

Oil

17c

Jan

16c

Sep

10%C Jan

Labrador Mining & Exploration..

Laguerre
Laxe

Eastern

-I-:,—w-—_

Steel

Dufault

Mines

Easy Washing Machine
Economic

new

25

Eddy Paper class A

42

20

30c

Jun

48c

Aug

La

Jun

77c

Jan

Lamaque

18c

18C 19'/a C

17 %C Aug
4c
Jun

25c

Jan

40c

Co

Gold

com

—

y 37

Jan

Lexindin

106 108 %
7c

7%c

9%

1.30

1.55

9c

8y2

May
Jun

1,300

1.30 Sep

4

4

100

23%

24

441

20 y2

Jun

29

125

25

Feb

9c

9c

4

2,000

2.15

2.30

3,656

16%

16%

140

109 % 109 %

16%
*

,

6.80

1
_

10

1

9c

60c

4.50

•

1

49c

Sep

7c
May
1.75 Jun

Jan

7%

Laura

1

1

116

Jan

Loblaw

9%c

Sep

10

9c

2%
6'A
26

A

:

16

page




42.

64c

Jan

Jan

12c

Feb

15%

15

15%

1,625

10%

Jan

15% Aug

41c

46c

5,100

34c

Jan

53c

2.69

2.71

1,410

6.90

6.90

250

4c

4c

1.000

5%c May

1.76

29

Aug

2.85 Aug

5.80 Mar

7.00 Aug

13

4.75

Jun
Jan

5%c Mar

12c

28,500

2%c July

6%c Aug

14%

14%

14%

35

13

Jun

65c

63c

65c

1,800

53c

Jun

1.15

1.22

16,000

95c

6c

3,000
2,000

4 Vic

7c

7c

Gold

————1

Yellowknife
Mines

1

I"

1

River

16 %

Aug

7.05 Aug
11c

Apr

29c

Jun

56c

Jan

Jun

19 %c

Feb

9c

Jun

1,000

3c

July

7,500

5c

Jun

2,200

6c

1,000

83

84

30

1.55

Jun

16c

1

MacLeod-Cockshutt
MacMillan

Red

Magnet

Maple

52

70

Mines

Lake Gold

Mines

Consol

Maiartic

Maple

Gold

Export class A

Gold

9%

19

19

100

10%

11

475

35%

35 %

100

215

1.08

Jan

29

30

335

27

Jun

31 %

Jan

29%

30

495

27%

Jun

30

Sep

15c

> 17c

16,700

8c

Jun

45c

Jan

23c

20c

24c

10,000

10%c

Jan

24c

Aug

13c 13 %c

11,000

8c

Jun

16c

12c

Feb

Jan

2.40

2.58

40c

38c

48c

9,650

21c

May

74c

Jan

6%c

6'Ac

7c

2,000

5c

Jun

13 %c

Jan

34c

Jan

2.45

1

4,750

1.90

Jun

1

2.95

15c

2.70

Jun

68,650

77c

Jun

8%

205

8

Jun

2.95

3.00

3,840

common

Preferred

1

McColl-Frontenac

common

24c

27c

1.500

2.75

2.85

11,250

2.02

13%

13%
9%

13%
9%

5

10%

625

2,495

•

18%

•

Apr

13

17%

18%

24%

20

24%

50

12%

13%

1,365

5%c

Feb

McDougall-Segur
Mclntyre Porcupine

5

64%

64

64 %

431

9c

Jan

McKenzie

1

50c

50c

53c

5,830

12c

1 020

10c

1,600

Red

3.15

Aug

Jun

12%c

Feb

McWatters

80

Sep

103

Jan

Mercury

50%

Apr

53

*

10c 10 %c

10c

1.000

16c

8

Sep
Jan

3.15 Aug

Jun

30c

Jan

2.95 Aug

Jan
Jan

15%

Jan

May

ll'/4

Jan

Jun

22%

23

July

27%

Feb

\ 10'/a

Jun

15 %

Jan

15%

Jan

Aug

17 %c

50%

Jan

66%

Aug

30c

Jun

61c

Aug

8c

May

21 %c

8c

Jun

6%i

Jun

9c

Feb

Jan

4%c

Lake

1.79
10

2.40 Jan

24c

2.75

Milling

Massey-Harrls

5,000

1.65

8%

-1

Leaf Gardens—.
Leaf

16c 17%c
1.50

16c

1.51

*

Feb

Lake

Gold

Mills

■

.1
•

9% Aug
19

9%
34

10%

Jan

Sep

22

16
40

Apr

•

Corp

•

Jan

July

Brick

Mining

12c
10c

6%

6%

1.30

1.30

500

100

95c

July

112c

1

Jan

Jan

7%

Jan

1.55

Jan

Feb

Jun

'■■■';■

10c

*

Milton

9%
19

10%

May

_1
Fields

McMarmac Red

51%

55c

13c

Goldfields

Lake

14c
*

6c

10,075

30

A

Mines

3%c July

32,000

2,500

77c

17c

class

—.

Red

74yac Jan

52c

6'Ac

71c

77c

MacDonald

Aug

12c

Jan

1.25 Aug

May
Sep

....

Macfie

May

18c

15% Mar
-86c

30

—

Feb

July

12c

Jan

2,000

5c

Jan

2c

45c

Jan

6%C

4c

Sep

17% Feb

Jun

5%c

July

6%c

2.90

110% May
2V2 Aug

1.55

3c

4c

lie

8c

1.85

35%

Jun

1.21

B

Lynx

40c

6c

*

2.00

6%c

*

Groceterias

Class

Lunward

1,900

1.80

«

see

Jun

6c

-3

Gold

Feb

8,350

■

A

30c

_1

Long Lac

Apr

July

1,500

*

common

3%c Aug

1,000

Jan

3c

4%c
7c

50

class

3,000
6,300

8c

Jan

52c

•

B

4'c
48c

_*

Mines

Gold

Little

2%c

*

common

4c

-i-

Secord

Jan

108% July

750

16 %c

12c

1

—

Sep
Jan

Jan

50c

3c

1

-

footnotes

4c

195

Porcupine

Preferred

May

98% July

50

5,433

Gold

Paper

5

15

-

6.90

Gold

Lakes

May

3.10 Jun

19,000

15%

Preferred

For

2.20

I

Mackay

30% Aug

6.65

Arrow

Class

Leitch

27c

Macassa
;

1

Mnnitou

Great

Jan

15%

——_

1.45

8c

_1

Mines
"U"

Madsen

Eagle Mines

Gordon

16

2%

;

Goodyear Tire

Jun

2%

Oil

Goldhawk

13 %

2%

——

Lake

Golden

230

common———

Wares

Golden

1,610

28%

23%

_100

Mines

9,048

Larder

Louvlcourt
1.55

e

—.

—

5%c

46c

4c

•

Gold

Macho

...

Yellowknife Gold Mines

Lake

40c
3.95

100

•

preferred

God's

'40c

125

•
.

Jun

May

11% Mar

9%

,

Goldale

Sep

5%

7%c

Gold

Gold

1

Lapa Cadillac
Lapaska

35%

*'

Exploration

Steel

20% Mar

5%
108%

.

Froblshar

Power

Jun

10%

14

—

A

Bakeries

19%

25

13%

•

s

Francoeur

5 '/a %

25

10 %

35%

-———_*

Gatineau

19%

10%

14

common-———„

class

19Va

35 %

1

Manufacturing
Motor

11,431
1,800

1

Kirkland

Fleury-Eissell

8%C

•

100

common

65c

--

Leduc-West

common

Fibre Products

2%c

3,000

46c

.

;

Mines

3.70

1

Grain

Luz

8%C

—

Preferred

6,000

81c

6.50 Jan

July

12c

Players
:
Fanny Farmer Candy Shops—

Goldcrest

Lake

41c

Falconbridge Nickel

Globe

Jan

5,138

Famous

Glenora

17

223,505

Eureka Corp

Gillies

13% July

75c

,

Giant

115

45c

Empire Brass class A.,—J—19%
Equitable Life Insurance—
—25
>-:•

General

Apr

Lake

5%c

77 %c

2.85 May

5% Aug

64c

1

General

43

70c

__

l

Foundation

Jan

14%

Sol Gold

Ford

July

38

44c

Pen-Rey Mines

Fleet

Mining-

5

100

14%

El

Federal

Mines-

Wasa

115

42

45c

El

Federal

—

2,425

2.70

Shore

5%

42

4.20

45c

Lingman

_l

Gold

-1

Rowan

1

Elder Mines

Eldona

Lake

5%

—

invest

1

Si

Lake

,

4.00
4c

.

Gold

11

11

art,

Montreal Locomotive

11%

2,130

37c

oib

18%

18%

8.25

150

Jun

12

Jan

Jun

60c

Jan

23 %

Jan

17% Aug

Volume

170

Number 4837

THE

COMMERCIAL

&

CANADIAN
RANGE

Friday
STOCKS—

Week's

Last

Range

Par

Moore

Corp

Mosher

Long

Mylamaque
National

«

common

III

Lac

Drug

...5

Grocers

common—..

National

Petroleum

National

Sewer

National

8c

8

:

■V

8

7"

_#

Low

4,ooo

7%c

11

13

=

13Vic

Sep

12c

Jan

Shauco Mining
Silknit Ltd common

8

Sep

Silver

May

5'Ac
6

Sigma

,

30

10

Mar

11% July

100

•

12

July

14

(Quebec

Miller

Bilverwood

Dairies

37c

35 Vic

37c

Steel

class

2,500

—*

A_

28'/2

28 %

28 %

35

Car

New

Calumet

Mines

Jun

23%

Jan

Siscoe

2.63

Apr

Sladen

9c

Feb

9'Ac

9'Ac

10c

4,266

6%c

4c

4c

1,500

3c

1.20

16%

Jun

July

1.25

1.37

12,600

84c

Jun

22c

24c

5,000

20c

Aug

—

60c

66c

39,761

47c

2.35

Jan

31c

Pacalta

May

75c

Feb

Oils

8%c

2,500

5c

Jun

23c

_•

4 ViC

18,500

3c

Jun

18c

Jan

9%c 10 %C

10c
8c

8c

22,311

8c

7c

Stadacona

Mines

Mines

Mines

Mining

Ltd

26c

Jan

May

8c

67c

136,600

47c

May

1.03

Apr

1.10

400

90c

Jun

1.15

*

,1

58

57

58%

—

41c

2.40

2.49

5c

5c

1,625

44c

2.40

6c

5,875

6'Ac

V

40c

Co

-1
-1

725

8%

9%

1.80
30c

1.60

1.50

*

_a

Loan

Canada

50

755

Sep

59% Aug
44c
Sep

1

1.90

Gold

Pioneer Gold

Sep

4%

350

71c

76c

18 %

Aug

71c

14 %

23

Jun

5

Apr

50c

15,200 *

15

Jun

4

Jun

81c

Aug

Feb

15

Mar

86

280

13%
78

85

86

155

1.82

1.95

21,400

1.26

Jun

Sep

Sep

1.95

Sep

Feb

1.80

1.71

1.80

9,050

Jun

1.90

Jan

-50c

6c

5 Vic

6c

3.500

May

10%c

Jan

—1

1.75

1.72

1.80

5,201

25c

27c

7,000

Surf

Inlet

Bylvanite Gold Mines.

3%c May
12 %c

Sep

18c

Aug

3 Vic

Aug

6

,v(s

May

12c

River

9,830

1.42

Jun

30c

900

17%

Jun

6,050

1.11

Feb

•

_

...

40c

3.25

10,070

2.54

12c

11,100

8%c

Jan

19c

Aug

10

July

Tombill

Gold

10 %C 10%c

1.95

__

1

class

—

Towagmac Exploration
Tower

1

Jan

Transcontinental

Jan

Transvision-Television
Union Gas

1,680

10c

5,000

6c

121% July
3% Jun

July

124

July

6% Mar

Jun

20c

9c

May

1.05

1.14

99,027

45c

May

14c

15c

21,700

7c

Jun

Feb

Jan

2.50

2.70

23,270

45

44%

45

880

Jan

45 Vi May

1.25

1.32

2,100

96c

May

1.4a .Apr

Jun

36%

Feb

15 %c

17c

6,600

9c

4'Ac

16c

6c

3,500

3.05

4c

3%c

—

3 %c

1,000

6c

35,000

6%c

23,000

24 %c
8c

July
2%c July

3'Ac

-

4%c

2%e

32c 35 %c

26

"L.~.

26

11,800
60

Traders

Union

Finance

Fuel
B

United

Ventures

preferred

•

Jan

8c

Jan

Apr

6c

Feb

6%C

Sep

Walker

a

30c

25

Jun

July

27

Jan

Class

Feb

42Vic

Weston

(G

3.50

550

3.00 Mar

4c

4%c

5,000

3c

May

55c

44c

56c

91,100

30c

Jun

56c

Sep

38%

39

394

33%

Jun

42%

Jan

Winora

15 %c Mar

♦2.35

_

_

_

Preferred

preferred

a.

a

1.17

30,650

65c

Jun

1.17

15,900

57c

Jun

1.10

Sep

Yellorex

360

12%

Jun

16%

Jan

1.30 May

1.85

43c

3,500

25c

Jun

50c

59,500

17c

Jun

67c

64c

4,100

46c

Jun

89c

82c

93c

60,718

40c

May

15%

15%

16%

11,325

11

May

76c

73c

1.00

11.950

70c

2.35

2.30

2.35

700

__

1

6c

6c

6c

5,500

1

3.00

2.50

3.00

950

4 Vic

4%c

500

28%

28%

25

9%c

10c

3,50u

*

A

-

1

9%c

•

1.04

•

;

.

common

..

1.45

17

a

__1

Bear

Yankee

Mines

3c

1.99

May

8c

_

1

_

_

_

Jan

-v.

Aug

Jan

Asbestos

28%

Sep

30%

Feb

Brown

8c

Sep

22 %c

38c

9,100

23c

Aug

25%

25%

1,070

24%

Jun

6.90

6.75

7.00

6,420

5.85

Feb

1

4'Ac

3 %C

4'Ac

4,000

3c

Jun

Russell

•

15%

15%

16%

2,500

14%

102'/2 102%

350

__99

18 Vic May
50c

%

42%

60

4.10

4.35

4,645

42

4.10

1

26

Apr

7.10 May

Co

•'
_________1

common

10c

Jan

Jun

18%

Jan

101% Mar

103'A

,37

Jun

3.50 Jun

43

Apr

4.65 Aug

4c

4c

500

3%c

July

6c

9c

33,000

7c

Mar

17c

May

42c

41c

42c

8,600

30c

Jun

49c

Jan

22%

Jun

25

May

48

Jan

20c

Jan

""A'"__

12c

*

?

24%

24% V

47%

47%

11 %c

12%

13c;

123/a

505
45

46

3,100

10 Vic May

100

11% Mar

12 Vi May

Z 50c

Sheep Creek Gold

1.17

1.15

1.22

700

7 1.01

Jun

1.60

Jan

-1

3.20

3.05

3.40

269,594

1.25

Jun

3.40

certificates

footnotes

see

page




42.

2.802

4.00

2.94

5.15

Jan

7%

Jan

Jun

May

5.15

5.35

9 %c

9 Vic'

1.000

6c

Jun

2%c

2 Vic

4,000

2c

4.40 Aug

Jun

8.25

8.00

8.90

4.015

29%

29%

29'A

160

10c

10c

11c

6,000

_/

Jun

6.50 May
23% Jun
7c

29%

33%

33%

33 %

50

24

23%

24

230

Jun

29%

50

29 Vi

Sep

29 Vi

21

v

6.40

Jan

10c. Aug
5c

Jan

15%

Feb
Jan

32

Feb

Jun

35

Feb

25

Apr

10c

6,000

90 Vi

7c

7%c

3,000

7c

May

7c

7 22,500
71,515

5c

July

5c

May

.■

29% Aug
13 %c

Mar

9%C

____

5c

33%

343A

Jun

*

99

99

6'Ac

6'Ac

500

2.45

2.40

2.47

1.700

42c

41c

43c

13,700

18c

98c

1.04

10,860

61c

Jun

33AC

4c

7,600

3c

Aug

99

10

1.02

100%

Jan

'37c

Jan

11c

Jan

11 %c Jan

27

| 4c
2.00

Feb

37%

Apr

Jun

6Vic

Sep

May

2.54 Aug

Jan

48c

May

1.10 Aug

Feb

6c

Exchange-Curb Section
Funds

Week's
Range /
Low

23

---7.

Sales

for Week
Shares

of Prices

Range Since January 1

High

Low

23

60

21

Jun

26

2%

1,160

2

May

4

77%

95

—_5

12%

12%

12%

200

Canada and Dominion Sugar.
*
Fairbanks Morse com——*

21%

20%

.......

High

23

2%

'

77%

—

70% Jun

12% Aug

103

Jan
Jan

Feb

16%

Jun

21'A

645

19

Feb

22%

Jan

32 %

33

75

30

July

33

Sep

.100

—

135

135

15

135

Sep

135

Sep

•

20

20

20

Jun

22

Jan

1

1.50

1.50

1.75

•

69 %

68

69 %

•

3%

Canadian

.____

Canadian

Industries

—.

.

common

Canadian Marconi

Vickers

—

Western

Canadian

:

common

—-

Lumber

Westinghouse -_i54'A

Consolidated Paper

*

16

1

*

31c

common....,

*

Dalhousie Oil

Bridge

Dominion

Foothills

Glass

Oil

—

__

•

—

International Paper common

2.50

•

56%

International Utilities

—

7

125
1,320

19%

;

,•77

70

1,800

3%

3'A

54%

54%

15%

16%

1,555

30 1"

^

1.15 July
60

Jun

3% May

2.00
85

Jan

May

4

Apr

49

Jun

55

Aug

13%

Jun

18% Apr

31c

26c

33c

5,000

Jun

45c

Jan

36%

37

580

31%

Jan

37%

Apr

40Vi

40%

110

36

Feb

40%

Sep

2.45

2.55

500

2.30 Aug

3.65

Jan

56

57

965

43%

Jun

16 %

16%

120

13%

Jun

12%

Jun

58% Aug
16% Aug
Jan

Oreille

Price

Bros

20%

20%

86

18

18

18%

395

15% Mar

18% May

Supertest

17%

17%

200

15%

18

Temiskaming Mining

20

Jun

Feb

21

Apr
May

•

& Ontario Paper

Minnesota

17%

•

_

5%
1.10

77%

Pend
20

common

Jun

275

296,535

Sep

-.

preferred

Breweries

1.22

6%
4.05

Apr

24%

—1

Sherrltt Gordon

13,450

6

3.35

4.00

Aug

8c

-50
...

2.70

Sep

Apr

8c

*

Winnipeg Brewing class A.

2.50

6%
•

100

Preferred

Dominion

Shawkey (1945) Mines

Aug

26Vic May

1

Preferred

21

,

15% Aug

Mar

1

com..

Mar

Par

Canadian

I

Rouyn Ltd
Bhawinigan Water & Power

17

Sale Price

•

Corp

Canadian
__100

Senator

200

Last

Sep

Feb

Gold

20%

Canadian

^

STOCKS—

8c

9c

Mines

Sep

20

Friday

Feb

3.00

9,500

i

55

22 Vic

'

July

14 %c

Gold

Jun

—

Toronto Stock

4c

14%'c

—

May

47

*

Girl

Jan

3.75

14 %c

preferred—

Jan

8 Vic

220

Jan

Jun

1

Power

8%

22,000

55

34%

1.18 May

Roybar Chlbougamau
Rupununi Mines
common

2,370

21c

1

_

...

Preferred

Industries

14%

54

1

a

Mines

1.20 Aug

Anr

25%

Royalite Oil

137/s
17'Ac

5 Vic

Bulolo Gold
Co

May

•■'/a.—

>

'7-

Mines

Aug
Apr

65c

Jan

62c

_.l

Regcourt

90c

Jun

Jan

29c

1

-1

21

Feb

25c

Aug

38c

23c

•

Quesabe Mines Ltd

Jun

55c

•4,300

Sep

62c

Mining

.

—

..

Yellowknife

Quebec Manitou

—

17

13,600

30c

—1

—

Electric

1.10

25c

Queenston Gold

190

65c

20

100

Gold

89c

4,450

.1

common

Larder

84c

41c

.

__

_

Winchester

1.05

Labrador

20%

25c

Jan

1.08

15

20

62c

Aug

3.75 Aug
8c

_

_

-1

Gold

class

a

W)

4

Winnipeg

38%

Apr

&

_

(George)

3.40

7c

_

A

3.45

1.80

Aug

May

1
a

Grocers

1.717 Jun

14

11c
47c

1
.

(Hiram)
Consol

Western

Ymir

Reeves MacDonald

«

Amulet

3,139

1.73

Jun

May

Sep

1c

Waite

1,960

15

7c
29c

Apr

9c

1.78

1,500
12,600

2.70

a

Mines

Ltd

2.25

•

8c
46c

—

__

Gold

8c

—1

8C

55

-25

__

Wright-Hargreaves
_

Jan

43c

14

_50

Mines

Villbona

2.17

•

Feb

1.35 May

62c

•

Hill

Steel

1

Corp

Quebec

A

preferred

Canada

9c

.__

12c

12

18c

class

Keno

United

2.21

—1

_

Sep

30C

•

A

Resources

Wingalt Gold

Preston East Dome

Quebec

class

Mining

United

1

—

Jun

10%

Jan

3c
a

69c

170

May

1.18 Aug

18c

2.65

2.02

Jun

2,500

Aug
May

20%

•

10

6%

3.60
22c

8C

*

123%

7c

1.14

10%

Feb

44c

-

Petroleums

6c

24c

2.000

1.10

10%

1.12

•

A

Jan
Jan

2.60

10 %c

_

Mines

Iron Works

Apr

53

#•'

_

Torbrit Silver

6%c

5%

36c

28% Aug
5% Aug

Jan

11c

Jun

8 %c

Jan

3.05

Aug

1.90 Aug

26% July
4% Jun

lie

Jun

123 %

150

3.15

3c

%

18c

65

5%

1

3c

W

28%

Jan

*

•;-v

12c

Jun

23

5%

—

Tech-Hughes Gold Mines.
Thompson-Lundmark Gold Mines

1

_

0

*
_

_

5c

1.27

Feb

Wiltsey-Coghlan

Gold_

25C'

*
—

_

1.27

Jan

13Vic Aug

„1

Mines.

Voting trust certificates-

For

4%

a'

—1

-

Tamblyn Ltd common
Taylor Pearson common

5c

•

Powell Rouyn Gold common-

trust

11%

Cons Mines

Taku

1,000

a

-

1

Porcupine Reef
Powell
River

Voting

Sep

Jan

25c

1,000

34c

Porcupine Peninsular

Sick's

90

11 %c

Jan

1.70

3'Ac

Engravers
Piccadilly Porcupine

Shirriff's

265

Aug

8,200

.

Ph#fo

Shea's

11%
22 %

Mar

Jan

8c

a

1

River

11

22%

4c

3.75

8c

Paymaster Consol

Sand

Sep

16c

Wekusko

Sannorm

Jan

9%
85

500

55,000

a

Tubes.

Malartic

Antonio

Jan

54c

1,000

6c

__

1

San

7

Sep

23c

24c

Upper

_

Saguenay

July

94c

4Vic

20c

0

Cadillac

Oils

Jun

79

Feb

July

24c

Vlcour.

Roxana

5

30

Jan

Jun

4Vic

13 %c

1.25

Silk

4^22

85

Jan

44c

18 Vic

-_1

Jun

14 %c

Petroleum

Riverside

9'A

85

99%

-1

Jun

1.06

Renabie

8'/e

1.85

3%c

123

a

Mines

Quemont

July

Jan

Jun

Contact

Class

Power

41c

85'A

17c

Gold

Crow

3.699

9%

common

3 Vic

.1

Pickle

48c

15

3%c

5%c

—

Parbec

46c

1

:
a

Crush

Pandora

10c

*

20c

Gold,

Omnitrans Exploration

Hershey

24c

2,500

•

4c

2,000
268,500

1.85

*

Page

376,780

14c

26%

93

Sudbury

Toronto

Oils

Pacific

94c

13 %c

•

Standard Radio class A
Starratt
Olsen
Gold

1.70

7,000

13 %c 15 %c

9%

48% Jun

2,406
25,000

12 %c 123Ac

12%c

*

Mines

Ogama-Rockland

OsuJake

61c

13 %c

Jan

21

Sturgeon River Gold

14 %c

______

North Star Oil common-

Orange

3,600

Jan

30

Jan

7 65c

18 %c 18 %c

Orenada

20c

9%

Aug
Sep

Jan

58c

48Vic Mar

•

of

Jun

4c

5c

Mines

Ontario

124

26c

Steep Rock Iron Mines

9c

8,000

»*•'<

Omega

125

Bros

7,375

1

Dennison

oaalta

22

95%

•

Standard Paving common
Preferred

Stedman

5c

Gold

Gold

21

95%

Jan

12c

^

O'Brien

24

Preferred

Jan

4c

•

Normetal

Northland

515

•

common

Aug

Apr

24%

__

Chemical

14c

11c

Jun

8%

Apr

15

Sullivan

Norlartic

North

32c

65c

Apr

83c

11c

1.10

•

Norpick

24%

95%

•

May

5c

Yellowknife

Noranda

24%

—_ivr

5%c July

1,000

12c

Nib

25

'

9.00 Sep

Aug

11%

Jan

4c

4%C

Rouyn Merger

9%

IlOQ

Steel

New

3,100

9%

'• '•

•

High

7.00 May
29c

100

40c

May

8 %c

-1 7

<

15

39c

Feb

5,100

'

14%

•

A

Brazeau

15c

2.35

-1

15

Malartic

18%

2.25

60c

New Norzone

class A

Gold

1.95 May

18%

_1

Low

40c

•

Standard

Goldvue

4,800

1

Preferred

2.25

— —

170

32c

5

Class B

Mar

18%

Bidlamaque

8.50

30c

30c

85

Jan

34

4c

Alger

New

47c

Aug

_•

New

New

Jun

27

570

8.50

1

Range Since January 1

High

.

27c

_•

-

Shares

Jan

South

Pipe

for Week

Low

.11—III

Mines

Simpson's Ltd class

-25c

Negus Mines

New

Mines

Sales

Range
of Prices

Par

Jan

Feb

8c

30

High

'

73%

Jun

Week's

.

Last

Sale Price

Jun

64%

5,000

;'/7>

11

13

13

2

STOCKS—

425

12c 13 %c

8c

MARKETS

SEPTEMBER

Range Since January 1

High
72

■7 ■'

.7-5

common

(1017)

Friday

Shares

71

12c

Mines

Preferred

National

72

ENDED

for Week

Low
;

LISTED
WEEK

CHRONICLE

Sales

of Prices

Sale Price

FOR

FINANCIAL

-

—i—

13%

13%

14'A

900

—1

4.90

4.85

4.90

1,200

52

52

30

45%

Jun

55

42

44

50

42

Aug

47%

7c

7c

500

Jun

8%c Aug

*

Petroleum Ordinary———*

1

__

42
__

3.35 May

6c

22'A

6.70 Jan
Mar

Feb

41

42

(1018)

COMMERCIAL

THE

&

FINANCIAL

CHRONICLE

Monday, September 12, 1949

OVER-THE-COUNTER SECURITIES
Quotations for Friday, September H

Investing Companies
Mutual Funds—

Aeronautical Securities
Affiliated Fund
Amerex

American

1

4.54

4.07

1

1

Federal Home Loan Banks—
1%S Sept. 15, 1949

2.96

3.27

3.27

3.61

shares

3.42

3.77

1.25s

wi

3.03

3.34

1.35s

wi Sept.

3.30

3.64

Industries

shares—lc

Home Furnishings shares
Non-Ferrous Metals

7.35
15.09
5%
2%

1

6.80
13.87
4%
1%

<-•

91.42

95.23

Manhattan

1

19.86

21.47

Mass

10c

8.08

8.09

Inc

Bowling Green Fund Inc
Broad

9

:

Figures after decimal point represent

Ask

Business Equipment shares_lc
Electrical Equipment shares-lc

4.00

5
1

Beneficial Corp
Blair Holdings Corp..
Bond Inv Tr of America
Fund

3.65

8%

Bid

lc

General

Axe-Hougbton Fund Inc-Axe-Houghton Fund B

Boston

Automobile

31%

2

A

Par

Managed Funds-

Oilstocks

Standard
series

29%

10

Obligations Of Government Agencies

Mutual Funds—

4.99

3.72

Shares

Business

Shares

Ask

IV*

Inc

Holding Corp

Associated

Bid

Par

lc
lc

shares

Paper

Petroleum

Steel

3.41
4.20

lc

3.44

6.95

Ctfs

of

Inc.l

11.42

12.35

1

13.72

15.26

16.50

Mass

16.57

18.16

Mutual Invest Fund Inc

Century Shares Trust

1

33.23

1

13.43

14.53

com—100 3,320
100
133

Preferred

Investment

1

Fund

5.46

Balanced

Low

Balanced

1

1

Stock Fund

Equity Fund Inc.—
Fidelity Fund Inc_L
Financial Industrial

First

Boston

Fund

25.37

20c
5

Fund

24.12

Fundamental

4.36

Automobile
Aviation

Low Priced Com Stock Series 1

1.89

New

28%
5.38

4.84

England

York Stocks Inc—

5.89

46.61

Automobile ■■
Aviation

5.01

3.15

3.44

14.21

1

15.24

Indebtedness—

of

9.08

6.08

I

6.18

.

10.21

1, 1950

100.0894

tl%8 Apr.

*

100.1007

.1397

100.0609

.0700

1 %S

.0337

1

7.57

8.30

Chemical __JS

1

10.03

10.99

Corporate bond series

1

10.72

6.32

6.93

Diversified

1

3.63

5.23

5.74

Diversified Investment Fund_l

10.12

.1338

.1326

Sept.

15,

100.1247

.1406

100.0445

1950.

.0643

Dated

Bid

Ask

Bid

Ask

1.60%

1-

3-49

10-

3-49

bl.25

1.10%

1.50%

7-

1-49

1-

3-50

bl.30

1.15%

2-

1-49

11-

1-49

bL30

1.10%

1.55%

5-

2-49

2-

1-50

bl.35

1.20%

1-49

11-

1.20%

Dae

Rate

Dated

Due

1.50 %

4-

1-49

bl.30

1.10%

1.55%

6-

1-49

3-

1-50

bl.35

3-

1-49

12-

1-49

b-l.30

1.10%

1.55 %

7-

1-49

4-

3-50

bl.35

5-

2-49

12-

1-49

bl.30

1.10%

1.35%

8-

1-49

5-

1-50

bl.35

5.47

Diversified

9.49

;

1.20%

1.55%

4-

1-49

I-

3-50

bl.30

1.15%

1.35%

9-

1-49

6-

1-50

bl.35

1.20%

1.20%

11.09

4.98

10.40

Industry

preferred stock—1
equipment
1

6.76

7.41

Electrical

5.80

6.36

Insurance stock

8.18

8.97

Machinery

lc

lc

3.98

6.93

7.59

1

11.44

J2.54

1

<

9.16

10.04

9.86

10.81

4.38

4.81

Merchandising

Fully Administered shares—lc

6.72

7.37

Metals

1

7.53

7.06

7.74

Oils

1

15.77

United States

8.25

__—lc

Treasury Bills

17.28

shares—

Industrial Machinery shares lc
Institutional bond shares—lc
Priced

1

10.21

1

6.96

Railroad

1

4.44

4.87

5.53

Railroad

1

5.67

6.21

7.46

.

.

4.94

lc

7.55

lc

2.27

2.51

Equipment shares

-—lc

shares

Petroleum

Railroad Bond
Railroad
Steel

stock

1

7.08

1

Tobacco
Petroleum

&

10.75

3.20

3.52

lc

3.76

4.14

Republic

—lc

4.09

4.50

Russell Berg Fund

lc

4.44

4.88

shares

Investors

Inc

14.62
2.14

value) _•
2%

48.92

19%

Selected Amer

Income Foundation Fund

10c

xl.63

1.78

Shareholders Trust of Boston__i

5

20.06

21.69

Shares

Standard

lc
lc

Group shares
shares
Insurance Group shares
Group

Stock and Bond Group
Investment Co of America

7.31
73c

lc

1.01

Investors Management Fund

State

8.02

Trusteed

B-2 (Medium

Bonds)

Grade

Bds)

10c

26.23

Union

7.88

Series. B

13.51

Series C

1

1

27.26

28.49

.

t_

X17.41

1

1
1

Shares

16.85

Wall Street

8.73

9.53
16.11
21.46
28.24

Wellington Fund

14.76
19.67
25.89

Stocks)—1

13.72

14.97

Stk8)_l

10.35

11.30

Diversified

(Low Priced com Stks)„1
Knickerbocker Fund
1

4.19

4.58

Series E

4.34

4.76

2.&Q
Independence Trust Shares—1

Lexington

2.33

2.54

North

(Income

(Appreciation

com

com

8-4

Fund—

Trust

25c

Loomut

sayles Mutual Funo
•
Loomls Sayles Second Fund_10

Whitehall

Investing Corp

Fund

97.31

r

9.04

Series ipsa

;
Bank

9.62

9.82

17.09

3.50

3.79

6.78

7.85

1.97

2.26

10¥8
56%

Bank

National

<fe

Trust
—

L

Bank

Casualty

10

84

10

57

59

Insur Co of

Life

10

65%

65%

Jersey Insurance

25

65
23 %

25

Surety

Agricultural

.

$2.10

American Casualty
American Equitable

4

5
Assur

&

(J

P)

13%

30%

Nortli~Ame~rlcaI__io

21%

Casualty

Prior

1

common

preferred..

__lo

46

15%

2%

19%

20%

American

lo

29%

31%

Re-Insurance

American Surety

Automobile

25
10

—

_

„

&

59%

12%

47

Shippers

.

91

28%

30%

30

65%

68

New

North
8

General

Life

„

10

20%

22%

5

7%

2

River

58

60%

33%

35%

33%

35%

Phoenix

58%

61%

30

57%

61%

65%

Fidelity A Deposit of Md

10

63 %

10

68

71

Bank

Fireman's Fund

of Frisco

„

_

,

Republic

Globe & Rutgers Fire com
2nd preferred
Great

84%

87%

177/S

American

26 %

28%

5

52

54

8

10%

11%

15

32

34

15

83

35%

35

36%

227

15 %

16 ¥4

40%

„

Hanover Fire

10

Hartford Fire

10

Hartford Steamboiler

10




33%
133

37

35%
137
39

83

28%

—

290

20

31%

33%

12%

Bank

Natl Bank

20

63

66

51%

54%

7¥«
630

Bank of Amer N T & S A—12%

¥4

44%

42

8%
660

Security Issues

105

100%

100¥4

1979

104%

105

102 %

Cen

105%

1974

25

10

II__IIH_5

Seaboard Surety
Security (New Haven)
Springfield Fire & Marine
Accident

U S Fire
Guarantee

Westchester Fire

& Pwr $2.50

Lt

Ariz

Bid

Ask

50%

51%

103%

—

(Gov't of)
...

Hudson Gas

4.75%
Conn

27/aS

Power

& Elec—

100

preferred

Lt

Pow

&

Delaware

$2.20

pfd

Power

&

preferred

103%

•

54 ¥4

105

55%

Light—

100

_.—

Iowa Southern Util 5%%

3s

Elec

1978

105'A

106

1978

104%

105¥4

3s 1979

104%

105%

N

.1

Reinsurance Corp (NY)
Republic (Texas).

Travelers

Par

pfd_50

Stocks—

Ask

1974

Pa 3s

Y

State

Elec

&

pfd_30

104

31%

105

32

Gas—

ij

4%%
New

England Power 3s

Penn

55%

58%

14'A

North States Pow

15 ¥4

86

4'A

46

2

5%

(Wise)

Pub

Power

38.^

29 3A

10

Lgt 4%% pfd—100

Ser

(Colorado)

4.40%—100

Pub Seiv of Okla 4.65%

Ohio

'5

34%

12%

1949)—100

(series

106

107%

103%

104 ¥4

111%

113

105

107

106%

108%

21'/a

21%

89

Ho

_

pfd

Pow <fc

111

lo

Providence-Washington

S

290
270

88

25

Bid

Narragansett

101%

__

Preferred Accident

U

35

Francisco

San

42¥4

j

26 3A

1978

105

105%

3s__1979

103%

104

Tenn Gas Transmission 3s__ 1963

6%

90

ioi%

50

pfd_J00

101%

Rochester Gas & Elec—

¥4

$4.75 preferred series G—100
Public Serv of Indiana

San

Diego Gas &
preferred

Elec—

4 % %

93

34%
45 %

34%

3 6 ¥4

preferred —.—.——100

106

107%

47%

10

4.90%

36%

10

20

Staten Island Edison—

53

10

100

US Fidelity & Guaranty Co__2

_

33%

233

4.28%

37

45 ¥4

Indemnity Co IIII__Hlo
Peerless Casualty Co
5

Standard

10

Detroit

Trust

&

United States

37%

35

88

5

of

National

First

52%

86¥4

100

Duke

96%

St Paul Fire & Marine
lo

Bank

;

19%

„

General Reinsurance Corp
Falls—
Globe &

10

5

Firemen's of Newark

34

Portland

67 %

Fire Assn of Phila.

50%

Kentucky & W Va Pow 3s_1979

59%

106

*

28

32

30

Central

43'A

Pacific

Employees Group Assoc
•
Employers Reinsurance—+—10

26

16

41%

Canada

2.50

Pacific Fire

10

20

Bank

City Bank

Peoples First National

281

83%

Bell Telephone of

_12.50

102

520

,

8%

28

5

Northern

10

^

>

27

39%

Bonds—

10

Fire

lo

.

(Detroit). 10

Amsterdam Casualty

York

500

Farmers Deposit Natl Bank__100
Mellon Natl Bank & Trust—100

32

4

5

National Union Fire

_

Fire

Conectftut

Continental Casualty
Cram & Forster Inc

:

5

96

10

Boston
Camden

24 ¥a

preferred

New Hampshire Fire

28

18%

Recent

22%

New

—100

Co

Pittsburgh

32

25

-12

2%s

62%

45

272

.94

& Trust.17%

50

5

National Casualty
National Fire

,

310

Detroit

1,310

•10%
51

15%

Newark

190

295

112 ¥4

20

Massachusetts Bonding
Merchant Fire Assurance.

23%

13%

182

100

32%

108%

N Y

of

$1.05 Convertible

' 15%

8

American of

Bankers

.

16%

100

Bank

v

30%

Co Inc

York Trust

Nat'l

91

10

United States Trust

48

__

Fidelity & Casualty.B

American

.

46

81%

—.100

34%

32%
-

10

Title Guarantee & Trust...

Merchants & Mfrs

Automobile

American

193

Ask

5

Maryland
American Alliance

79

Savings

National

Central

National

100 1,250

20

Sterling National

Home

87

&

Trust

National

Co

68

10

&

188

Cleveland

10
16 'A
17%
100 1,390
1,450
25
42
<
44

Trust

Public

Insurance

100

Trust—SSVi

&

Bank

Trust

Northern

49 ¥4

Bank

National

Harris

95%

9sa r
' 54%

New

Aetna

First

129

'

92%

47¥4 '

Irving Trust
Kings County Trust
Lawyers Trust

Insurance Companies

Ask

Illinois

National

42%

40%

124

~L

National City Bank

Bid

City Natl Bank & Trust

> 342

Trust—

&

1
100
Industrial Bank of Commerce_l0

3.49

par

,

20

Co

Guaranty Trust

2.17

Bid

37

First

Shares—

Companies
Par

43%

Fiduciary Trust

Ask

25%

35

Federation

1

Aetna

8,

Ask

L'L.
LL
Corn Exchange Bank & Trust_2Q
County Trust Co
(White Plains, N Y)—
16
Empire Trust
.—50

28.85

f

Bid

41%'

Trust

&

Stamped

Shares—

,

Aetna

1.00%

10

Bank

Morgan

Bid

bl.06

327

100

Manufacturers

Par

Dec.

15

Trust
9.83

15.89

1

Series 1955

47.51

0.95%

0.97%

Commercial National Bank &

17.27

—„

46.56

1.01%

Continental

100
..10

National

Chemical

tfnlt Typo Trusts-

95.36

1.01%

bl.06

York

New

Trust

Continental Bank

1

Trust

of

{& FHth Avenue

Chase

1

Wisconsin Investment Co

Amer

1.00%

bl.06

1949_
1949—

1,

Chicago

Brooklyn Trust

18.53

1

Inc.

Trustee

bl.06

25, 1949_

Dec..

24%

Manhattan Co..10

the

Central Hanover Bank & Trust 20

X6.64

United

15.44

S-3

9.55
72C

X17.86

Union Common Stock Fund

1

8-2

Bank

X5.71

Bonds)___.1
Stocks)
1
K-2 (Appreciation pfd Stks)_l
S-l (Quality common Stks)-1

Bonds)

of

V

X20.71

24.70

Priced

8.76
64c

1

22.64

(Low

17, 1949_

NOV.

0.95%

York

Bank

97C

Union Preferred Stock Fund

B-4 (Speculative
K-I (Income pfd

__—

1949

Par

49.75

1

^

*

Income Fund

Nov.

0.95%

bl.06

——

0.93%

bl,06

1949

27,

New

88c

1

-

0.99 %

0.99%

bl.06

1949

Banks & Trust

6.11

46.75

25c

Bond Fund series A

7.19

13.20

20,

Bankers

1

B-3

5.58

Corp.*

Industry Shares

1

Keystone Custodian Funds—
B-l (Investment

Inc

Investment

Television Fund Inc

1.12

12.47

24.13

1

1

Invest Co

Street

1949_

bl.06

1949__

Oct!

80c

11.38 V

lc

of Boston—1

Investment Trust

Sovereign Investors

Ltd—

Aviation

Bank

Ask

bl.06

bl.06

1949

bl.06

13,

Oct j

20%

4.53

Institutional

1949

29,
6.

10.81

6.08

4.19

Investors

10,

48.92

10.04

5.54

Incorporated

Nov.

28.46

lc

Shares

0.90%

2.35

26.47

—1

(new asset

3,

bl.06

15.72

1

1

Inc
Scudder, Stevens <fc Clark
Fund

NOV.

1949

Oct.

11.78

Howe Plan Fund Inc

Utility shares..

0.85%

22,

15

1

Fund

bl 06

Oct.

7.76

5

•

Trading
Putnam (Geo) Fund

shares

shares.—.

Tobacco

7.29

Bid

1949-

Sept

8.28

shares

Steel

equipment..._

Ask

15,

Sept

7.63

8.18

Bid

Sept

11.19

Public Utility

7.99
5.42

Merchandising
Mining shares

RR

Pacific Coast Invest Fund

9.34

5.04

lc
lc

shares

7.11

8.90

—lc*

shares

1

6.48

Investing Company shares__lc
Low

.0987

100.1117
100.1183

11.37

shares--——lc

General bond shares.

.0939

1.50%

11.19

Building supply

Equipment shares lc

Food

.

100.0821

1, 1950
tl%s June 1, 1950
tl%s July 1. 1950

100.0231

Ask

—

1.55%

f

6.77

1

—

Electrical

„

A«k

(cont)

1950

1.55%

;>

9.95

5.55

MLlLLLL-——1/

Chemical

„

Bid

lndebt

1.

Federal Infermediafe Credit Bank Debentures
Rate

r

1
■

Bank stock

50.12

4.67

Fund

Agriculture
V:

«

Building shares

Bid

of

Feb.

4.77

lc
lc

shares

tl%s

.1835

3.55

_1

Group Series

10

shares

100.1725

5.73

6.69

Group Securities—
Agricultural shares

100.14
102.30

2.94

5.24

5.81

Trust

2.69

3.25

13.33

Investors

4.31

1

1

2

General

6.75

3.94

1

5.37

I
1

100.8

102.22

Maturity—
Certificates

.1%%

tl%» Oct. 1, 1949
U%S Dec. 15, 1949
U%B Jan. 1, 1950

6.25

6.18

Industrial Stock Series

4,64

Capital Corp

5.72

1

Selected

shares A—2

Trust

1

Series

18.20

5.08
14.61

General

Series

1

Stock

Series

New

„

100.2

Price

Ask

Bid

tl%s Mar.

Certificates

3.88
26.08

1.72

Common stock series

Fundamental Investors Inc

7.18

Stock Series

26 V2
:

series

stock

6.57

Speculative Series

Franklin Custodian Funds Inc—
Preferred

1

3.68

1

Dollar

9.17

17.02

10

119%

Int. Rate

Treasury Notes—
tAprll 1, 1950

14.30

8.48

27.13

Inc_l

Corp

First Mutual Trust Fund

13.33

1

Corp

Priced Bond

Income

Howard—1

&

100.3

99.26

U. S. Certificates of Indebtedness

Security Series-

series

Bond

Preferred

Eaton

1

National

1.55

1.41-

Fund

Investors

14.87

25o

Dividend Shares

Fund

National

5.93

12.87

1961

Maturity-

138

1

Commonwealth
Delaware

2nd

Nation-Wide Securities-

3,470

118%

Ask

100

1952-1950
l%s Jan. 1, 1953-1951
2%s Feb. 1, 1955-1953

3.76

v.;

35.73

Chemical

Christiana Securities

100.4

14.99

interest__l

1

Fund

100.2

100.2

„

Panama Canal 3s

27.39

beneficial

Investors

1950

Bid

1,

May

Issues

Trust—

5

Corp

Invest

Street

Bullock Fund Ltd

100

1950

15,

point

a

1950-1949

7.62

25.34

15,

100.6

of

Bank Bonds—

1,

l%s

100.4

32nds

more

or

l%s Oct.

3.80

Fund Inc_10c

Feb.

one

Federal Land

Ask

4.63

shares
Bond

1950

20,

Other

3.17

2.87

lc
lc

shares

Investors

Jan.

Bid

100

4

10
2

7.30

55%
63

a

Odd

lot sale

(not included in year's

range).
b Big yield price, d Deferred delivery sales (not
e Ex-interest,
f Flat price,
k Admitted to listing on N. Y. Stock Ex¬
trading n. Y. Curb,
r Cash
sales (not included In year's range).
t Exliquidating dividend. (Un) Admitted to Unlisted Trading
privileges, wd When delivered, wi When
issued,
x Ex-divldend.
y-Ex-rights. z Ex-stock dividend.

included

7.55

57%
66

75

79

21%

23

in

change.

n Admitted

•No

par

year's

value,

range),

to

tin

default.

tThese

bonds

are

subject to all Federal taxes.

Volume 170

Number 4837

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

(1019)
Week Ended
Sept. 3

THE COURSE OF BANK CLEARINGS
Bank

clearings this

week

will

show

us, based upon telegraphic
cities of the country, indicate that for
the week ended

ings will be 2.6% above those
total stands at

of the

year

ago.

advices from the chief

corresponding week last

week in

1948.

PS fu"

Week Ended Sept. 10

1949

1948

$4,674,179,247

529.979,814

451,531,358

647,000,000

657,000,000

Chicago

1

7^610

199,700,000

168.266,000

Francisco

(11 cities)

183,693,000

—

—

232,303,380

—

—

5.0

$7,290,000,209

+ 10.6

2,038,143,036

—10.0

3.6

+

(7

West

836,492,053

$10,427,541,031

Complete and exact details for the
We

Accordingly, in the above the

Virginia—Huntington

6.0

+

District of

—35.0

elaborate detailed

last

$10,164,635,298

Total

2.6

+

furnish them

today, inasmuch

are

day of the week in all

final

and

complete

For that week there

cases,

we

was

results

of

the

record -

by 11.8%,

a

has to be estimated.

previous—the

week

decrease of 1.6%, the aggregate of-clear¬

a

(including this city) the totals show

in

District

the
by

Richmond

1.6%.

In

decrease of

a

Chicago

following

we

furnish

In

a summary

Week Ended Sept. 3

Boston—

OF

the

Kansas

(6 cities)

the

totals

463,581,976

6,944,758,489

6,654,268*423

V
"

Cleveland

7

"

696,982,502

6

"

409,096,441

414,139,302

"

"540,587,488

549,10^,161

——16

"

837,439,260

"

407,872,193

Minneapolis

7

"

373,381,071

"

399,368,643

5,966,401,362

5,844,295,747

682,339,475

644,683,632

610,702,516

571,579;426

1.2

336,899,288

323,617,488

—

1.6

494,653,247

4,952,364
126,929,655
235,688,176

119,503,792
18,865,500

37,055,500

9.1

20,642,800

4,614,149

—17.6

3,384,388

6,171,930

+ 22.0

4,919,037

4,349,679

281,928,318

—13.8

214,186,096

216,451,301

789,832,043

—11.8

610,702,516

571,579,426

2,999,860

—13.6

731,189,693

629,352,588

340,338,002

2,591,369

10,235,000

141,938,043
193,956,991
61,575,312

414,139,302

3,434,096

Macon

65,844,737

Alabama—Birmingham
Mobile.........—.
Mississippi—Vicksburg
Louisiana—New Orleans...
fotal (10 cities)

_

Seventh Federal Reserve

67,700,226

82,881,734

110,261,767

4,065,962
3,435,650

We

now

328,294,591

280,395,856

380,656,611

325,860,194

—

—

—

Wisconsin—Milwaukee
Iowa—Cedar Rapids

.....

Des Moines

Sidux City-—

——

Illinois—Bloomington

„

SS.

Chicago.—

47,316,000

55,888,518

...

"""4,737,585

48,523,000
7,306,991
f2,433,425

Indianapolis—.—.....
Bend^-.....i.....^...«..

South

5,893,141

4,744,094

Indiana—Fort Wayne

10,153,303

56,489,120

3,274,688
28,245,000
12,464,032'

12,508,069

1,121,704

2,807,560
9,479,071

;
......

685,808,525
3,045,415
10,256,859

4,506,4 J 2

Decatur

1,256.067

641,058,411

......

5,580,489

3,162,500

2,856,506

837,439,260

_

883,562,141

Louis

234,700 000

-

Kentucky—Louisville

104,249,412

Ten nessee—MemphJ s

Illinois—Quincv
Total (d eities)

428,049,129

Ninth Federal Reserve

Minneapolis

1.6

11,064,561,492

10,466,757,814

6,569,374,128*--

7.9

5,272,690,254

4,788,411,154

1948
$

Y.^-Y YY';.

Ihc. or
Dec.

1947

1946
$

1,837,878

—12.9

4,058,793

—12,2 Y

4,239,400

381,698,711

385,509,030

1.0 H

348,996,554

329,453,837

1,584,433

1,493,166

1,311,296

1,314,747

705,835

501,942

549,808

1,516,837

1,848,784

1,819,666

Springfield

7,498,150

7,188,366

Worcester

4,440,597

5,031,440

25,136,766

24,337,430

9,570,845
23,901,000

Rhode Island—Providence

—

(Mew Hampshire—Manchester

1,948,221

Helena

—

Total (7 cities)

Y*

Second
Mew

Federal

463,581,976

Reserve District—New

York—Albany

Binghamton

y

1,737,593

-

4". 6.1
+ 11.9

4^

+

1.6

+

<•

1,615,478
v

3,883,964

4.3

5,823,723

—11.7

3,748,086

3.3

18,032,939

19,226,222

11,193,934

—14.5

8,964,344

7,854,099

20,081,800

+ 19.0

17,249,000

1,560,909

Buffalo

Elmira

+

Jamestown

Rochester
'

Syracuse

Connecticut—Stamford
New Jersey—Montclair
Newark

Northern New Jersey




3,810,622

+

0.1

+

2.6

4,389,417
37,209,000

+ 12.1

4,192,013
t

Ti

X

41,136,707

38,214,345

3,358,114
22,206,192

2,848,109
17,599,149
7,441,337
969,472

—

+

3.3

+

8.5

—

0.3

3,634,542

33,605,000
3,904,591

II.704,768

—10.7

919,605

6.5

574,419,377

—

—

7.8

•

: »•'

494,402,140

2,858,717

1,965,149

7.6

8,030,372

—19.2

3,834,907

6,445,328
3,430,196

—

+ 10.7

2,998,082

2,501,059

5.2

731,189,693

629,352,588

206,100,000
80,478,391

179,900,000
72,136,464

52,110,717

49,294,737

—

-

6.8

-0.8
-

2.7

-11.9

1,648,894

1,296,410

4.7

340,338,002

302,627,611

—

5,530,430

5,216,835

—13.4

235,119,474
67,735,965

198,886*158

—17.6

5,459,996

4,334,122

—15.4

3,016,673

2,372,993

5.7

3,596,380

2,489,075

0.7

7,835,673

5,870,238

8.9

328,294,591

280,395,856

+

—

—

—

7.4

61,226,435

427,552

*525,000

—

Omaha

.

6,343,802

1,816,202
399,368,643

+ 24.8

cities).

—

0.3

3,488,330

17,330,300

..*980,583

'413,162,297

15,735, 802
2,568, 065

73,345,687

79,232, 552

1,573,161

1,541, 191

1,596,036

1,726, 522

6,733,734,167

6,419,309, 496

17,359,816

18,792, 712

12,362,690

12,163, 637

10,774,046

11,072, 215

692,485

9ii, 305

—13.4

388,577

327,734

—10.9

606,001

378,050

0.7

5,652,780

4,839,713

2.5

95,837,664

81,385.331

—

—

+ 19.4

4,695,650
"

3,772,218

2.5

9,141,168

8,288,554

8.5

252,577,686

4.9

8,518,629

217,712,357
6,011,928

1,663,665

—16.4

—10.2

1,731,817
1,506,639

1,735,629

2,021,546

460,101,118

—13.2

380,656,611

325,860,194

—

—

+

1,408,680

1,307,634

Eleventh Federal Reserve District—DallasTexas—Austin

7,462,032

7,708,000

3.2

6,093,258

Dallas—.

197,788,386

5,383,066

248,917,677

-20.5

Fort Worth

27,998,613

-24.9

161,020,000
21,517,781

139,370,000

21,013,426

5,882,000

3,672,000

-25.5

2,377,925

2.7

7,466,895

1,933,827
6,950,513

—20.1

204,357,859

172.673.731

Galveston.

5,005,000

3,305,673

.

392,876,491

Total

6,638,566
4,435.806

8,682,178

Wichita Falls.

8,925.789

243.256,695

304,624,451

'

,

(6 cities)

♦

:,:Y+;Y;^r

2,926,387

9,236,620

1,391,353

Springs—

10,313,734
316,356,156

9,691,832

Pueblo—

5,313,927

10,054,759

Colorado—Colorado

(10

107,590,761

257,770,967

Wichita

Missouri—Kansas City
St. Joseph

Total

493,772
589,399
6,521,538

104,873,621

.

,

5,322,904
>

Yerk—

*

New York

464,818,247

16,028,379
—

7,468,676

—15.0

6,478,550

Hastings——.

Louisiana—Shreveport
Total (12 oities).

1,112,873

8,537,705
4,097,698

—

6,565,105

6,427,648

1,529,168

—

v

rt"

-

Dakota—Fargo

Kansas—Topeka

1,600,592

.New Haven

I,297,019

9.2

—25.7

288,597,891
90,006,400

95,641,375

*

Lincoln

%<_

790,028

f,

.

249,901,674

—

Nebraska—Fremont

3,563,849

■

+

city for the

.

Connecticut—Hartford

65,344 591
5,330 202

Tenth Federal Reserve District—Kansas
City-

$

—

68,850,667

5,538,342

——

St. Paul

409,694,078

New Bedford

46

+

District—Minneapolis—

Minnesota—Duluth

373,381,071

—

2,847, 811
53,207, 499

2,000,558

407,872,193

Y——

8,802,353

Fall River

3,691 968

54,721,032

_

1,763,255

—

8,744,611

-

each

•

3,022,804

2.7

69,019,190

4,326,639

statement showing theYfigures for

3,446,210

-11.8

251,900,000
105,129,381

67,159,526

7,796,248
3,599,436

—

6.6

9,719, 954
44,339, 076

163,000, 000*

Eighth Federal Reserve District—St. Louie—
Missouri—St.

4,081,248

Portland

47,656,594
199,000,000

t

3,046,173

detailed

12,137,564

1.8

7.5

-

3,169,995
26,192,044

South Dakota—Aberdeen

6,050,644,423

5.5
+
-

-

6,521,131

172,673,731

12,988,683,624.*

323,617,488

—29.0

9!214!203
4,380,256

Lansing

525,970,326

12,784,378,590

1

1,777,912

1,262,820

Grand Rapids

575,566,551

Maine—Bangor

,■

336,899,288

District—Chicago—

Michigan—Ann Arbor.........

Terre Haute

—

452,824,724

—13.2

Massachusetts—Boston

55,497,717

494,653,247

752,967,369

City

.

152,461,898

69,616,314

1.6

653,309,473

First Federal Reserve District—Boston—
/

159,828,312

1.2

+

549,109,161

"

1949

•

2.2
8.8

—

383, 944
104,959 6r9

North

Clearings at—
:

2,721,967

6,971,000

5,535,440
Y 381,118
94,901,818

204,357,859

'

A.

2,865,405

5.5

—20.1

Week Ended Sept. 3

i

—19.4

—17.0

304,624,451*

week ended Sept. 3 for four years:

4

2,043,604

103,921,242

—10.4

243,256,695

our

2,253,064
9,349,000
92,987,193

449,483

10

add

2,838,257

4.3

6,295,147

"

-111 cities

Outside New York

4,390,066
205,180,831

8.4

+
—

79,269,264

5,643,337
372,970
116,306,554

540,587,488

I,-*...

Florida—Jacksonville.

6

Total

—

59,321,743

204,000,000

Montana—Billings

;

—11.9

14,309,919

60,386,708

302,627,611

8.9

—13.2

460,101,118

12th San Francisco

9.4

—

452,824,724

5.2
4.7

—

409,694yO78

10

$

—11.8

428,049,129

Dallas

—16.7

6,636,725

1946

392,876,491

7.2

—

883,562*, 141

4

City

644,683,632

188,800,000
3,795,726
3,030,979

-

'

Springfield

413,162,297

4*. 4"

+

877,518T162

Louis

10th Kansas

682,339,475

13,524,743

Nashville

Georgia—Atlanta
Augusta——

Rockford

$

0.3

—

789,832^

5th Richmond

7th Chicago

'

1947

Dec. %

464,818,247

11

10

7,2

District—Atlanta-

Total (16 cities)

Inc. or

$

814^44,359

-

,

,

1948*

13

8th Atlanta

City Reserve Distinct the

^

3rd Philadelphia

11th

the

CLEARINGS

:><

$

—12 cities

-

877,518,162

409,096,441

_

Peoria
-<•

Snd. New York_ w,

9th

in

and

District

by Federal Reserve Districts:

BANK

1949

Federal Reserve District!

8th St.

Reserve

13.2%, in the Dallas Reserve District of 20.1% and in

SUMMARY

4th

and in the

falling off of 5.2%, in the St. Louis Reserve District of 4.7% and in the

In the

1st

District by 1.2%

Reserve

the

the San Francisco Reserve District of
13.2%.
>

loss of 0.3%

a

gain

a

In the Cleveland Reserve District the totals

Minneapolis Reserve District of 8.9%.
totals record

4,621,904

66,980,004

Tennessee—Knoxville_

present further below

week

but in the Boston Reserve District the totals show

Reserve

5,520,569

5,073,969

139,766,715

Columbia—Washington

appear

the week

as

not available at time of going to press.

statement, however, which

that in the New York District

Atlanta

6,495,287

—21.6

135,890,015
2,769,338

same

smaller

—11.8

8,872,921

11,099,000

Sixth Federal Reserve

by the foregoing will

cannot

Philadelphia Reserve District of 7.2%.
are

8,626,414

160,439,600
292,985,821

V

Carolina—Charleston
Maryland—Baltimore

week in 1948.
Outside of this city there was a loss of
7.9%, the bank
clearings at this center having recorded a gain of 4.9%. We, group the cities accord¬
ing to the Federal Reserve Districts in which they are located and from this it

of 4.4%

3,509,991
1,648,291
2,827,437

869

District—Richmond—

Richmond

ings for the whole country having amounted to $12,988,683,624 against
$12,784,378,590

appears

—23.7

2,048,230
2,413,915

696,982,502

„

in the

4,662,013

2,024,021

3,724,134

242,882,595

Virginia—Norfolk

week covered

Saturday and the Saturday figures

ending Sept. 3.

7.4

+ 16.8

'

Total all cities for week.

week.

$9,328,143,245

543,995,694

give

5.3

—

619,000 000

7,532,287

Cities)

Fifth' Federal Reserve

1,821,743,644

to

—

5 119 993

1,181,048

3.6

$8,061,801,693

able

2,112,637
655,000,000
2,372,281

2.522,689

6.9

3,800,973

Pennsylvania—Pittsburgh
Total

cities, five days

$9,883,545,337

are

2.9

33,691,700

South

we

716,104

+
—

2,520,203

8.4

155,050,551

the

1,111,578

939 242

1,410,106

5,525,428

Youngstown

0.4

Other cities, five days

In

749,674

6.0
4.8

145,399,267

Columbus

3.9

160.621.813

issue of next

—30.6

—

258,150,252

Cincinnati
Cleveland

1.5

—10.1
—

211.893,450

200,828,208

Baltimore

our

$

—

3,654,337

097

814,744,359

Mansfield

201,245,106

Cleveland

+ 16.9

206,852,202

198,900,000

Pittsburgh

in

1946

$

Fourth Federal
Reserve District—Cleveland—

+ 17.4
—

317,797,021

185,973,733

City

St. Louis

ends

1947

6,954,447

Jersey—Trenton

Ohio—Canton

305,244,780

Ten

74.0

3 ggg 007

Delaware—Wilmington

*

$5,463,742,239

Philadelphia

San

Inc.or

Dec, %

'

New York.:

Kansas

a

2,' 944,269

_

Clearings—Returns by Telegraph

3,831,457
836,000,000

3,442,733
*

XOFJC—

Total

1,191,938

'3,941,238

Wilkes-Barre

New

1,206.912

778,000,000

Si
6cranton_

summary for the week follows:

1,851,974

1,134,548

Philadelphia

At

Our comparative

1,285.106

1,134,115

Our preliminary

year.
same

$

District—Philadelphia—

Pe£??hu£fIa~Alt00na
rSKS
Chester

possible to obtain weekly clear¬

gain for the week ended Friday of 16.9%.

a

a

1948

$

Saturday, Sept. 10, clearings

$10,427,541,031 against $10,164,635,298 for the

this center there is

with

compared

Preliminary figures compiled b.y

for all cities of the United States from
which it is

1949

Third Federal
Reserve

decrease

a

43

YYV"

-

-24.5

-

15,334,325

Y;-'-'

Twelfth Federal Reserve District—San Frsneisee—

1.9

8,844,858

10,467,047

+ 14.0

2,137,560

2,701,009

7.4

59,509,824

51,362,790

+

—

+
—

+

2.1

1,220,879

1,199,248

7.5

1,552,566

1,490,965

4.9

5,791,871,238

5,678,346,660

7.6

15,426,388

16,878,790

1.6

8,772,006

9,375,252

2.7

8,634,608
561,584

482,432

101,537,861

Yakima

115,222,796
3,431,710
144,939,869

3,102,725

Oregon—Portland

124,249,402

Utah—Salt Lake City

47,494,011

California—Long Beach

54,246,663
10,700,068

13,946,732

Pasadena—

—

+
—

—I

35,777,440

42,901, 974

—16.6

32,246,673

—20.1

35,623,178

31,961,507

76,459,343

—12.4

39,136,467

35,295,345

+30.3

3,966,568

9,529,222

8,861,477
5,901,174

7,178,520

+13.1

5,729,355

—15.1

299,671,206

11,576,951
3,851,386

7.3

311,405,708
10,282,565

—10.4

3,422,282

2,691,991

-

*3,450,000

"

8,928,571

6,674,696

8,263,119

—19.2

7,631,958

653,309,473

752,967,369

—13.2

575,566,551

12,784,378,590

12,988,683,624

—

1.6

11,064,561,492

10,466,757,814

6,050,644,423

6,569,374,128

—

7.9

5,272,690,254

4,788,411,154

(10 cities)

5,535,456
*

.

525,970,326

30,542,575

48,312, 952

78,659,195

3,859,776
90,224,831

393,556,287

10,730,492

'

Santa Barbara

Stockton

38,588,195

94,344,387

9.6

—14.3

334,001,155

-

San Jose

Total

—11.9
—

8,122,399

San Francisco

9,487,472

—24.0

Washington—Seattle.

Grand Total

(111 cities)

Outside New York

*Sotimated.

*'

tNot included in totals.

tNot available.

-A

44

COMMERCIAL

THE

(1020)

FINANCIAL

&

CHRONICLE

Monday, September 12, 1949
NOTICES

>

Foreign Exchange Rates

Company and Issue—

daily
to the Secretary of the Treasury the buying rate for cable transfers in the different countries of the world. We
give below a record for the week just passed:
'
"
'
requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies

Pursuant to the

.

CERTIFIED

RATES

EXCHANGE

FOREIGN

BY

SEPT.

2,

TO SEPT.

1949

(Walter E.)

1st

&

New

Country and Monetary

Value

Unit

in New York
United States Money

In

1st

yYYyy/'

":;Y''

Argentina, peso—

"regular" products———-.
"non regular" products
certain industrial products

For

For
For

Sept. 3

——---—
-

$

Brazil, cruzeiro..

v-j

Y

.200000*
Labor

.251247*
*

.200000*

0*

.2000

1st

.301166

.301166

Official—

Mayer

.020.63

New

.208535

.004671*

.004671*

.003024*

.003022*

.301678
-115691

Free

.301678

.301678

.301678

—

India, Dominion of, rupee
Mexico, peso

Zealand, pound—

Norway, krone

—-

——

Philippine Islands, peso
Portugal, escudo

—

'

—

JStraits Settlement, dollar...

Sweden, krona

3-9o7620
-201580
-497400
-029993
«4672j0
-278223
-233629
4.007a00
4-027500

.

._

.....

Switzerland, franc

pound

Union of South Africa,

"United Kingdom,

pound sterling

Uruguay, peso...
Uruguay, peso
Uruguay

a

peso

-

•Nominal

Ward
West

.039935

1st

784

Oct

1

103

series D, due 1969-Oct
debentures of 1937—Oct

1

884

series

A

bonds,

Service

ref.

3%

due

due

1963

e

1

885

.Oct

1

Oct

1

886

bonds, due 1975_Oct

1

886

1974_„

Co.—

collat.

trust

& Co., Inc.,

Water

and

bds.,

20-yr. 3% debentures,
Light Co.—

&

2%%

lb-yr. 3'/4 %

debs., due 1958_Oct

*

1

Co.—

3lU'f*

mtge.

bds.,

1

*

____Oct

15

597

.—Oct

7

*

Oct

B,

1975__Oct

1

498

Oct

1

402

Oct

1

530

Oct

3

833

1973— -Oct

1

929

Date

series

Pag*

due

stock—.

.

Union

(now

Baking
Texas

bonds, due 1971

1st)

mtge. bonds, due 1952
5 ¥2 7c
debentures, due 1970

Co..

Utilities

mortgage

Co.—

bonds,

series

A,

3Vi%,

due

.469265

.278223

.233629

.233629

.233629

4.007500

4.007500

4.0 ,7500

4.027500

4.027695

.658300*t

.658300*1"

.658300*1

.588223*1"

,588223*t

.583223*1

.561799*t

.561799*1"

.561799*1

.531909*1"

.531909*1"

.531909*1

ENTIRE

ISSUE

CALLED

Company and Issue—
Aetna-Standard

Engineering Co., 5% pfd. stock
Bemberg Corp. preferred stock, cl. A & B—
Associated Telephone & Telegraph Co.—
25-year 5 ¥2 7t debentures, Series A
4

_Sep

30

393

-Oct

14

685

Nov

1

873

first preferred stock-.
-Sep 15
Ry. Co., 5% guar, bonds, due 1969 -Oct
1
County Gas Co., Atlantic Highlands, N. J.—
1st mortgage bonds, series A. due 1952
—Oct
1

680

American

Butler

Water

Canadian

depends upon type of merchandise.

tApplication

rate.

.201580
.497401)

.039923

4.027500

-531909*1

—

—

.201580

.497400

Day

.588223 1
.561799«t

—-

—

peso

Uruguay,

Light Co..

Co.,

Power

2nd

.201580

Labor

Closed

bonds,

Depot Co.—
1st & ref. mortgage series B 3Vs%
29th Street Towers Corp.—

,497400

.469266

(P.)

Paul

4%

.278223

5V3%

Co.—

mortgage 334%

(Oscar)

Saint

.376066

.468433

19

Sound
Power & Light Co.—
mortgage 4¥4% bonds, due 1972__
Safeway Stores, Inc., 5% preferred stock

3.9878)46

.039907

881

Sep

______

1st

.376044

.278228

880

1

Puget

3.987620

Day

-^^OO^t

—

,

.115713

.115713

.115713

1

1958—Oct

Pillsbury Mills, Inc., $4 preferred

3.987620

Labor

Closed

:7. *
•"••'r

1954

Terminals

Electric

Haven

Gen.

.376044

Netherlands, guilder
New

.301166

.020060

.004671*

879

'

V

.

5% gold debentures, due
3V»% debentures, due i960

mortgage and

.208535

.003024*

1

■

Co.,

Public

1st

.020060

.004671*
—

—

»

Electric Co., 1st mtge. 3% bds., due 1974_Oct
of America, 3% debentures, due 1965—Oct

due

mortgage 37c

Maine

.208535

.003026*

(Metropolitan), franc—

France

Hartford
Lorillard

.301166
.020060
.208535

stock

394

ref.

Louisiana

.952963

Pagfl

■

1

Union

and

.C54406

1.0*0000

——

—__

1st

.021775

.950000

692

Sep

PARTIAL REDEMPTION

Gulf, Mobile & Ohio RR.—

.022750

1.000000

16

Date

Y

Oct

mortgage

.054406

.949375

—

—

Denmark, krone

sv

1

Corp.,

.022750

Y

.054406
1.000000

Ceylon, rupee
Czechoslovakia, koruna

1st

398

26

Corp.

.021760

.021775

1.000000
.949062

*

Free..

Sep

__Nov

Service

Cleveland

3 209*26

.022750

Day

.297733*

3.209160

3.209160

Cities

Celotex

$

.

.251247*

.251247*

Closed

$

Canada, dollar—
Official

stock

'

Corp., 5 7c preferred
Foundry & Machine Co.—

mortgage 5s,

Celanese

.297733*

.297733*

.022750
.021812
.054406

—

——

—

$

.200000*

Foreign "bank notes" account.

preferred

RR.—

Viscose

Birmingham
Sept. 8

Sept. 7

Sept. 6

$
.297733*
.251247*

Australia, pound—3.209160

Belgium, franc,.

Sept. 5

$

Sept. 2

♦

bonds, due 1972 _Sep 20

Company and Issue—
American

'

"

,

5V2%

Page

•Vm'.'v

bonds, series B, due 1975
"

for Cable Transfers

Buying Rate

Co..

England

mortgage 3%

Bethlehem
Noon

Date

mortgage series M 3Vi%

OF 1930

C

INCLUSIVE

1949,

8,

Heller

Lehigh

'

y-/y,v- 7.','

_

r

RESERVE BANK TO TREASURY UNDER TARIFF ACT OF

FEDERAL

1st and ref.

OF TENDER

.•

:,.i.

Central Maine Power Co.—

Co.,

7%

National

491

___

Distribution

in most of the

creased

Statement of Condition of the 12 Federal

increase of

other districts; there was a net

$40,000,000 at all reporting member banks.

5%

"Other loans" increased $51,000,000.

dollars)

of

thousands

(in

crease

$

Gold

$

22,842,429

:

fund

Redemption

for

44,999

+

551,389

certificates.

13,178

929,755

—

Total

Demand

gold

ctf.

246,314
115.579

advances.

and

Discounts

415,406

Bills

3,526,510
5,812 000

Notes

——

194,582

—3,134,147
+

S. Govt, securities.

U.

Total

loans

a,pd securities..

—3.826 405

110,202

—

deposits

R.

Notes

48

Uncollected
Bank

of other banks—

'

-

1

—
—

104,256

items..:

2,196,860

crease

—

2

—

136.106

—

+

207,098
202

+

4,365

33,593

—

23,411,069

552,163

—

+

United States Government de¬

'

Demand

8.

bank—reserve

Treasurer

—

acct.

—3,402,220

138,403

15,995.156

acct.

gen.

472.271

—

516,463
—

$32,000,000
York

in the New York

District

outside

New

of

City.

—

859,036

Foreign

23,330

+

56,170

Other

492.720

+

17,517

+

27.337

summary

member

of the

assets and liabilities of reporting

banks follows:

Dec

Other

items

1,946.537

613,670

—2,597,145

81,872

—

9,193

liab., incl. accrued divs.

—

668

+

1949*
Assets—

Loans

Sept. 1,

1949

1948

da millions of dollars.)

and

Investments—Total

(55 770

+

649

Loans—net

23,488

+

430

—

42,789.461

—

—

+

433

—

Commercial,
loans

174 430

4,240

—

to

U.

Capital

Accounts—

paid in

Surplus

206,987

(Section

Surplus
Other

Other

(Section

S.

capital

+

7,717

+

18,522

148.752

accounts

64 642

+

accts.

43.639,454

—

552,163

—3.402,220

S.

of

gold

liabilities

ances

purchased

on

R.

for

trial

to

0.7%

6.3%

+

for foreign

purchasing

carrying:
obligations

1.213

+

in

33

2,039

4,033

—

Condition Statement of Member Ranks
The condition statement of

ended

the

weekly reporting member

Reserve

following

System in leading cities

principal

changes

for

the

vfteek

Aug. 31: Increases of $433,000,000 in loans, $193,-

(000,000 in holdings of .United States Government

rities,

$421,000,000

in

23

5

+

+3

49
+

265

+

40

+

34

+

51

+

288

37,307

+

193

+

2.593

3,272

+

144

+

1,124

6,380

indebtedness

of

4

4,101

securities—Total

+

+

21

+

2 216

—

1,481

1,119

Reserve

vault—
with

27

+

26

12.388

Eanks

1

+

4,975

Federal

+

26,536

+

47

'732

domestic banks

'I

'

+

553
711

29

i 2,079

734

+

16

—

71

88

demand

deposits

adjusted,

and

industrial

and

agricultural

29
3

Arcade

7

Abrasive

brokers and dealers
States
New

Government

York

for

purchasing

securities

or

first

increased

$304,000,000 at all reporting member banks.
banks decreased $54,000,000 in New York




in
of

Loans

to

City but in¬

common—:

preferred

3V*
—

,

($100

par).--——

84V4

96V*,

are

week.

Then

follow

we

with

deposits adjusted
deposits, except Government
Government

S.

46,737

is!290

deposits

2 316

Interbank demand deposits:
Domestic banks

8 598
:

demand deposit
and
U.
S.

during week

•Preliminary

11

+

179

4-

+
—

—

100

lj358

Borrowings
interbank

319

and

company

declared.
The dividends announced this week are:
Per

Name

accounts,
Govt,

+

2

g40

+

477

—

+

50

533

18,760

.

r T

'

because of

holiday.

and

common

a

list of corporate bonds, notes,
called for redemption,

stocks

rnciUQing those called under
sinking fund provisions.
The date indicates the
redemption or last date for mak¬
the

the

tenders, and the
current

details

volume
were

page

number gives the location in

(except where indicated) in which

given in

the

"Chronicle."

50c

25c

10-14

9-20

Insurance

Furniture

American

Hair

Co.

Co.

Y.)

(N.

preferred

—

6%

Co.

Oil

50c

10-

1

$1.50

10-

1

Inc.

—_

50c

.

37 Vic

10-

50c

10-

_

Co.

Oil

Co.

(L.i

Baumann

Co.

Y.)

—

Co.,

Ltd.,

class A

Borg

Laughlin,

(George

Inc..

$1.30

W.)

(quar.)

5%

4 ¥2 7c

10-

1

9-10
9-14

9-16

$1.06 y4

9-12

9-

9-30

9-19

9-30

9-19

25c

10-16

9-24

$1

10-

1

87»/2c

10-

1

I

9-15-

9-15

10-15

9-23

10-15

9-20

132 Vic

10-15

9-20

62 Vic
45c

Inc.

$1

115c

9-30

9-20

9-29

9-19

10-

1

9-21

10-

1

9-15

131c

(quar.)

11-

1

10-10

t$1.25

common

Corp.

of

11-

1

10-10

Fibre

1)1.12 Vi

(quar.)—
America,

1st preferred

Products

Co

60c

common

(quar.)_—

2nd preferred (quar.)

Central

9-10

112 Vac

common

(quar.)

Ltd.,

125c

1

Refractories, Ltd.—

preferred

Celanese

7%

,

Taggert

Bronze,

6

10-

110c

Glass, 57c preferred (quar.)
Co.—
4—

preferred

Canadian

$4.75

Ltd

—-—

Associated Bakeries,
Flooring Co., Ltd., class B

Canada

9-14
9-

37'/2c

—

Forge

Canadian

9-15*

25C

(quar.)_

Corporation iquar.i——
(quar.)
—

Cordage,

preferred

/

2>/2c

common

preferred

Borg-Warner Corp., common
3 ¥2 7c
preferred (ouar.)_
Bralorne Mines,
Ltd._.
Brantford

9-13

9-30!

135c

(quar.)—

preferred
(quar.)
Co. (quar.)
Black. Sivalls & Bvyson, $4 25 pfd.
convertible

1

9-19
9-19

Ludwig Baumann—

Oil

&

10-15

10c

—

10-

9-19

9-19

]

10-15

45c

$1.40

Bliss

$1.50

.

9-29

30c

(quar.)

(quar.)

(quar.)

see

Lumber

Beaver

(N.

(quar.)

9-29

20c

3

9-19-

1

8c

Manhattan

the

9-

3

(quar.)

pfd.

47c

9-19

9-15-

;.

3

——

Trust

9-30

;—

Inc.,

9- 99-15-

Y

9-10

10-

Inc

Houghton Fund B, Inc
Baldwin Company. 6fr
preferred
of

15c

25c

(quar.)—.

(quar.)_

Products

Houghton Fund,

9-20

9-30

50c

Co

fquar.i—

9-2D

9-30

25c

iquar.)

9-12
-

9*12

25c

Corp.

& Sons, common

preferred

1

Co

Construction

Allied

Avon

Co.,

9-16.

1

10-

(quar.)—

Anderson-Prichard

Axe

10-

25c

Co

Metal

(B F)

$1.50

(quar.)

com.

Derrick

Hoist &

Press

!

.

Building

Co.,

Products

American
American

Metal

(quar.)

Mart

Felt

&

.'

9-16

Express

Atlas

9-199-19

1

Quarterly

Avery

9-30
9-30
10-

American

Art

10-31

1

15c

Alliance

2nd

9-17
9-15-

9-20

12-

20c

American

$6

75c

115c

9-30

Manufacturing..

Goods

Alumiuum

5%

(San Francisco District)

(quar.)—

Holders

When

Payable of Rec.

Inc

Industries.

Allen

Bishop

accounts,

_

Below will be found

ing

pfd.

$3

Shoe Stores.——
Alleghcny-Ludlum Steel Corp. (quar.)

Bank

except

20c

——:

Surpass

Bankers

Redemption Calls and Sinking Fund
preferred

Share

of Company

Corporation
Affiliated Gas Equipment,

ms

179

table in

dividend payments in many cases are given
name in our "General Corporation
Investment News Department" in the week when

433
1

second

of past

under the

Bankline

Foreign banks
to

421

+

a

we

Brockway

total

a

Co.,

Inc., 7%

show the dividends previously announced, but
which have not yet been paid. Further details and rec¬
which

Campbell,

$270,000,000

City, $30,000,000 in Chicago, and

Iron

Products,

grouped in two separate tables. In the
bring together all the dividends announced the

we

in¬

carrying United

50c
15

DIVIDENDS

Loans to

loans

$21,000,000, largely in New York City.

Malleable

Dividends

Buffalo

creased

$ per share-

___.

Paper

Axe

secu¬

$477,000,000 in borrowings.

Commercial,

217

220

Demand

Debits

shows

649

+

273

U.

of the Federal

+

5

445

Time

Thanks

304

+

4,185

bonds

Balances

+

624

Liabilities—

—

Associates,. 2nd preferred—
Corp., common
Cheney Bigelow Wire Works, preferred

American

loans

with

1,924

or

Other securities

indus¬

loans

S.

—

985

loans

certificates;

Cash
419

2,522
make

obligations
...

Government

Government

Reserve

correspondents
Commitments

+

Wednes¬

•

Whittall

J.

Eaton

Agnew

bills

U.

57.3%

accept¬

21

+

pur¬

Treasury notes

combined...

^Contingent liability

for

securities

Treasury

re¬

to deposit and F.

serves,
note

certificate

dealers

Government

Treasury
Ratio

2,533

carrying:

or

estate

Other

U.
Total liabilities & cap.

M.

Admiral

Loans to banks

4.242

+

S.

and

+

agricultural

Other securities __i

Real

27,543

—...

and

12,963

brokers

loans

U.

61

+

466.711

7)

13b)

industrial,

——

Loans

—3.493.101

556,4C6

on

STOCKS

50

35

543

Other

Capital

Shares

607

23,796

chasing
liabilities.—

Total

Transacted by R. L. Bay & Co. in Boston

ord

or

Since

(—)

Aug. 24,

Loans—gross
17,422,662

696

issue.

day, Sept. 7, 1949:

current

—1,821,616

138.074

+

deposits
Deferred availability

this

$50,000,000 in the Chicago District; they decreased

717,206

462.515

Total

in

Borrowings increased $470,000,000 in New York City
and

Aug. 31,

Member

1

deposits credited to domestic banks decreased

Deposits:
B.

112

Jan

Auction Sales

$118,000,000 in New York City and the total

was

Inc. < +)

notes

Reserve

-Oct

collateral trust certificates

in

$179,000,000

Liabilities—
Federal

792

$100,000,000.

A
43,639 454

increased

decrease at all reporting member banks was $179,000,000.

11.539

—

1,825

—

32.625

premises

Other assets

15,070

—

&

397

-Oct

_

400

$27,000,000, and holdings of

adjusted

thq Cleveland District.

■

P.

_

mortgage bonds, due 1951—
Transportation Co.—

Rys. 4%

882

.Jan

all

at

000,000 in the San Francisco District, and $55,000,000 in

—4,021,372

525,607

17,529,427

banks......

foreign

89,119

—

1.7.413 310

preferred stock

States

United

City, $64,000,000 in the Chicago District, $62,-

884,661

—1,487,800

5,000

7,775,200

Total

Power

United

posits decreased in nearly all districts; the principal de¬

146.400

—

Steel Co.,

United

385

—

41,198

+
—.

299,600

—

Bonds

from

13,991

—r

1

.+

832.173

+

45,839

securities;

Govt,

Certificates

Due

+

31,821

—

538

Industrial loans
U. S.

+
—

23,393,818

reserves

cash

of

-Oct
-Oct

stock-

67,585

New York
Other

$144,000,000

Co.,

"other securities" increased $26,000,000.

R.

F.

notes

of

Holdings

Government bonds increased

1948

$

.

total

a

banks.

member

reporting

Co.—

1958

Sept. 8,

1949

1949

and

C.)

•Announcement

(—) since

Aug. 31,

Sept. 7,
Assets—

District

Cleveland

Increase ( + ) or de¬

(F.

Scullin

Holdings of Treasury bills increased $50,000,000 in the

Warehouse

Fireproofing Co., 7% preferred stock
Mickelberry's Food Products Co., $2.40 pfd.
Russell

Reserve Banks Combined

Terminal

mortgage bonds, due

General

—-

10-15
9-30

9-28
9-16

».ia*

10-

1

9-16

$1.75

10-

1

9-16

40c

10-

1

9-19

THE

Number 4837

170

Volume

Share

,

Hanover Bp.nk

L

Quarterly
Central

& Trust Co..'. (N.

4.107e

preferred

(quar.)

preferred, series

4.107c
Central

A
B

(quar._

—

$1.02 Va

Pneumatic

Cinzano,

Ltd.,

Tool,

5727c

Colonial

50c

5%

____—

____

Ice

par tic.

Consolidated
Consolidated

Press,

Trust

(Boston)

__

Maracaibo

Continental

Cooper-Bessemer
$3

fquar.)

Copper

prior

Corp.,

preferred

Industries, Inc..

common

(quar.)

(quar.)_

Coining,Glass Works,

Martel

•

Steel

&

»

6%i,

Oil

(quar.)

Crum

Miller

Clas

B

.

Cuban

(quar.)

Atlantic

class

*

Sugar

474%

preferred

Davega

Stores

5%>

preferred

Corp.

pfd.

District

Portland

Products,

Dominion

70c

Foundries

Dominion. Square

Douglas
Dow

Drug

7%

Co.,

DuMont .(Allen
5%

1

Steel,

B.)

Duraloy

Company

Texas

New

Howard- Balanced
Stock

9-15....
9-19

preferred

1
1

North

9-30

9-10

10-15

9-30

40c

10-

1

9-19

10-

1

9-19

1272c

9-15

9-

9-15

9-

10-15

9-16

10-

3

9-

35c

10-

1

Corp.

10-

1

9-15

■;

50c

9-15

i

9-

.

9-20

10c

__

Class

;

class A

4%

Francisco

Sugar Co.

Froedteft

Grain

&

$2.20-preferred

6%

$4

preferred

474%" preferred

9-l\

&

9-16

5%,

Reliable

11-

1

9-30

1

9-30

11-1

9-30

1

9-19

40c

10-

10-

15c

1

9-30

30c;

r'

10-14

9-20

9-23

;

$1272C
30c

Rome

j

.

Class

9-19

10-

l"

9-15

9-27

7

9-15

10-: 1*

9-17

$1/
$3

10-

*,<•

9-14

I

9-30-

9-12

10-

917»c

1,

J

9-17.

10-

45c

I

t

30c

9-20.
9-30 j

9-

9

9-16

.

11- 1,

9-20

9- 9

28</sC.

10-

10-15.

40c-',

Vr

8-

t$l,7

1

9-19

10-

1

9-19

'

10-

"9-15

-10-,1,

$5

(quar.)_

preferred

Klein

(D.

Lambert^
Lerner

472%

Liberty
S.

Emil),

1

9-15

10-

1

9-15

9-30

9-16

Stores

preferred
Life
C.),

Quarterly

common

dividend)

(quar.)_
-

Co.,
1

_i




.

9-15

9-12

10-

10-

1

1

10-15

10-

1

(quar.)

$1.1272

—-

5C

1

1

1

;'9-26

9-30

60c

10-

1

10-

1

$1.25 ;

10-15

1

9-20

11-15

10-20

9-12

1

9-

9-15

10-

1

9-15

$1.25

10-

1

9-15

9-30

M.

9-15

^2%
50c
$1.1272

&

9-15

9-

.

1
1

1

9-15

1

10-14

1

9-23,

$15c

10-

1

9-10

10-

1

9-15;

$50C

10-

1

9-13! ;

110c

11-

1

11-

1

10-

20c.
$1.1272

10-

1

10-

1

15c

1010-

10-

11-

1

1

9-23

10-

1

9-23

Electric

Life

Assurance

Tennessee

10-18

10-

Sun

Technicolor,

3

Stock

Terry
7%
-

;

Inc.

t

'

Gas

10-

1

$1.25

A

"

10-

1

$1
40c.

25c

$1.0674,
$1.18%

1

10-

Thermold Company,

2

40c

10-

1

9-16

10-15

25c

9-30

10- 1

9-15

9-30

9-10

9-30

9-10
"'J

10-

$2.50

9-15

30c
$1.05

10-

,

9-14

11-15

10-15

t

t30c

11-

10-10

,

J53c

10-15

'

■

10-

/

3

10-

1

;io- 3

(quar,)—*..—
(quar.)—

common

10-

1
1

93%o

40c

10-15

75c

1

9-30

1

10-

3

9-22

$1.13

10-

3

9-22

25c

9-15

9-

6

American

'
>

9

9-13
6

'

-*9-15

'

9-14

f

9-15

'

9-

9-30

9-

8*

10- 1

v

9-

9

1

•

(quar.)

American

Gas

preferred

•

——I— '

common.*:

changed

to

quar.)
—

(irreg.)_—-

(irreg.)
General

Insurance

1

9-15
10-14

*

10

1

9-

!•

tf
9-15* "

10-3

9-15*

10-1

9-i5*;

9-15

9-

af

9-15

9-

2

$1.75

9-15

9-

1

9-30
9-15

9-15
9-

1

10-

1

1

9-

/

9- 2

10-

2

9-15

9-

;

9- 7

9-15
10->

<

4

,

1

7

9-20-

v

$!-25
50c
30c
:

9-15

9-1
1

9-14

9-

9-15

8-81

'

•

Co.

12

10- 7

V2c

9-23

_

'9-16
'10- t
10-10
10c 1-10-50

75c
$1.18%
10c

.

8-18

'

9-1

:'

'8-19
11-10

(Houston)
9-

2

1

9-

9

9-14

9-

2

9-12

8-31*

1

9-14*

9-12

——

Hardware

(quar.)

25c

Steamship

750

Co

10-

"

& Leather Co.—

convertible preferred (quar.)
Home Products Corp.
(monthly)

American

Ice

9-15

10-

25C

American Hide

American

9-15

9-29

Corp.

(quar.)_
Corp., com.

General

9-i6

9-29

1

$175

(N. J.)—
t

Growers, Inc.- (reduced)____
& Electric Co.—

(increased

American

9-15

10-

25c

was

11-2

10-

10-

*

name

12- 1

-

30c
37%c
8772c
* 25c

j.—
______

Lines,'. Inc.-

July

Fruit

6%

Co.,

non-cum.

75c
_

preferred-

10c

$1.50

10-

9-30

9-

9

American Insurance Co. (Newark, N. J.)—
45c

1

9- J.

10- 1
10- 1

9-15

10- 1

9-15

10-

^

r

American

Investment

Co.

of Illinois—

317ic

5%

preference (quar.)
472 % preference
(quar.)
$1.25 conv preference class A

1

9-15«

10-

4

9-16

25%

11-10

10-14

$2

9-15

8-30

$1.75

9-15

8-30

American

10-15

American

1

10-20

■>

9-16
9-

$1-50

f

(quar.)*;

common

—

Temper

American

6%

(quar.)

(quarj)-^

!

Export

10-

11-

1

V

75c
15c
$1.30
$1.75
$3
$1.75
40c
$1.25

preferred A

Fork & Hoe Co.,

40C

C272C

1010-

40c

9-19

10-

1

U

9-20

$1.50

Co

Co.,

American-Hawaiian

9-17

87 72c

9-16

9-20

75c

(quar.)—'

Quarterly

9-22

20c

1

'

9-20
9-20

10-

25c

—■

District Telegraph Co.

American

9-15

9-30

1

■'

(Del.) —

—_______

Common

9-30

10-

9-

1
1

10-

J25C

(quar.)—

common

(quar.)
Dairies, Inc.» common

American

9-20

50c

8

Ltd.—

It

Cyanamid

.

9-15

,

9

10-

75c
d40c;<'

——

Note,

preferred

4%%»
*t

9-21

10-

9-

9-15

$1.50
25c
50c
15c

Co., common

Colortype Co.

Common

3

9-21

3

9

1

10-

40c

preferred

American

10-10

1

.11-

99-

,

25c
6272c

—

Can

True

1

12 72C

9-16

1

1

10-

272c

(quar.)

1_—

Effective

11-

10-

6

10-

$1.1272
(quar.)

Co.

____—

Quarterly
*'

1

1

9-18
9-

10-

*3
3772c
$1.067i

(quar,)_!

Bemberg, 4 72%

American

9-15

10-

.

1

Corp.—

(quar.)
Co. of Canada,

Extra

1%

9-30

50c

8-27

13%c
34%c

American Car &

American

9-15
:

10c

(quar.)-

(quar.)

2

9-

—

—

Barge Line

f$5

$2.50 conv. pfd.

9-

1

9-15

America—

of

preferred

372%

*

1

$2

—

N. Y.)

common.*.-

Corp.,

Co.

American

9-20

1

10-1
10-

IOC

(quar.)

(s-a)

Turbine, common
(quar.)

preferred

Steel

Equipment

Bank

American

9-20

25c

Co.

———-—--—

1

10-

N

Corp.

Ektra

American

10-1

10c

5C

(Canada)

10-

T

com___—

preferred

American

.>

9-17

10-15

,10- 1

10-

Stores

American

6%

9-17

1 *

'

40c

_7__.

Co.,

Mills

Products

'. American

9-15

9-24
10-

Transmission-

dividend

Steam

Co.

2

50c

Co., 7%> preferred (quar.)-^
Foundry Co., com. (annual)
9-30; ,
7%
preferred (quar.)
—
9- 7
American Chain, & Cable Co. com. (quar.)
9- 9 "
*'.'
5%
preferred (quar.)
9- 9 ;
American Cigarette & Cigar Co., common™
9-16
!6%
preferred
(quar%)™_*.^
9-16

9-30

30c

*

:

;

9-30.,.

9-28
9-30

J20c

$ $ 1.75

(quar,

Securities—________—-

2

9-

$1.25

preferred

Quarterly

?

t$1.75

—

1

9-

—

Amalgamated Sugar Co.__
American Agricultural Chemical Co.

9-14
,

10-15

10c

.

.

iZZ

—

9-

9-15

4% -preferred (quar.)
Amalgamated Leather Cos., Inc.-'—
6%
convertible preferred (quar.)

9-14

1

9-15

9-15

6272c

(quar.)____—_
_!

Inc.____

Aluminum

9-15

10-15

9-15

'

9-15,

:

1

30c

IIV2C

—

(quar.)

10-10

6

9-15

.

10-^. 3

iioc

'

S.)

$4.50 preferred A

9-17

10-15

Trust

&

conv.

$3.75

10-

9-15

25c

Corp., common..
Co., 4.20% pfd. (quar.) ___
Vicksburg Ry. (s-a)__——:——

Allis-Chalmers Mfg.

10-

_________

Sterling Drug, Inc., 37a% preferred
Sun Chemical Corp., common

9-15

10-

Allied

11-

8-19

9-30

10c

preferred' (quar.)—

"'Aluminum

8

9-

9-12

50c

(quar.)__

Co.

9-15

1272c

(reduced)

com

.

20c

Company^.—______________
Products. Engineering Co. (quar.)—__

Steel

(Greenville,
30c
30c

(L.

Suburban
10-

Stock

O.

9-10

\

(quar.)

Power

&

Paper

/Allied

8

40C

England Telephone Co._____~
Railway Co.—

Starrett

1

10-

3c
40c
25c.

'

Gas

Mills,

Allied
,

10c

Paper

8-23

75c

Allianceware/ Inc.,

Allied

$1.25

(quar.),—

Service

*9-15

Corp.____—_

(Watertown,

Corp.—

Electric

$2.50

f 20c

Bag &

1

$$1.25
$25c

Allied Chemical & Dye Corp. (quar.)___
Allied Laboratories, Inc.
(quar.)__

9-30

—

New

Southern

10-25

25C

;

9-23

15c

:

'

9-

10-

9-5

83/4(?-

O;KCorporation

Foods

$4.50
Allen

9-20

9-15

(quar.)______

(quar.)_

10-

(initial)
Co. (quar.)j.,

Corp*

Engineering

'

9-14

56 7jC

10-

1

t37 7ac

Alden's, Inc., common (quar.)
47i% preferred (quar.)____

9-23

50c

7

10-

com.

preferred

Agricultural Ins. Co.
Quarterly

Alabama

9-26

10-

87 72C

7

9
9-

10-

5c

»'
new

Manufacturing

Allegheny-Ludlum

10-

35c.

9-

10-

$25c

preferred (quar.)

Alabama

9-15

$1

$1.50

Bolder$

When

*

Ameriqau. Gold & Platinum (s-a)_r—

Southern

9-26

40c,

—.

($10 par) (accum,)
—
5727f conv. preferred *($25 par)
(accum.)
Akron Canton & Youngstown RR. Co.—
5%
preferred (s-a)

9-15

10c

________

D.)

9-16

10-

(quar.)

5JA% 'preferred

9-15

9-27

15C

_7_——

Gas (quar.)

Advance

9-20

9-15

1

Payable of Ree.

Share

Co., Ltd., common
(quar.)

convertible

Alabama

1

9-23

10-

$1

preferred
(A.

1

10-

week, these being given in the

Aluminum

Airlines

9-10

io-!,;

62 72c

(quar.)______________—_

Southeastern; Public

9-20

10-

•

9-20

—___——

class B

Southern

9-15

30c

5%

9-14

——.

Corp.

Extra*.

10-20

1

10-10

5c

—

Corp.

Aetna-Standard

9-14

10-

$1.12 7a

—

Company, Ltd., cqmmori_______^
(quar.)_.
! ■/

,(^.)

10-

25c

(quar.)

this

Aetna Casualty & Surety
Life Insurance Co

9-15

1

$15c

(quar.)_—

Oil

$2.12

South

9-16

1

3772c

(quar.)

Insurance

(quar.)

9-30
10-

30c

(quar.)

(stock

,'

5%

(quar.)___:

Corp.,

50C

$1.20

—-—

preferred

Company

Company

(quar.)

(quar.)
preferred (quar.)

Slater

9-15

9-30

10-

(quar.)____—

(quar.)

1

9-26

Creek Gold

Sinclair

$1.50

Co.

Aetna

7

+

9-15

1

$$1.12 72

$1

(quar.)_____

10-

28c

Common

.

$1.50

preferred (quar.)___
Johnson & Johnson (stock dividend)

9-

Mines; ?Ltc£—.
Sherwin-Williams Co; of Canada, Ltd.—
Sheep

.

20c

—

.

9-11

1

$$1.25,

Inc-.,; class A

Oil &

11-

.

Company,

(J.

5 %

9-15

1

97 7aC

common.!—

preferred

.

Shamrock

Smith

—

1

10-

Corp.

Shaler.,Company,

2

10-

$1'

•

8

UOC
_

9-20

9-20

10c

,

$1272C

—

1

9-30

10-

30c

4%%
J25c'

10-

10-

__

Royalties Management
Russell Industries,
Ltd.,. common..,——
7%
preferred (quar.)
Safeway Stores, Inc.,"common (quar,)——
5%
preferred ;(quar.)
San Miguel
Brewery____
7
Sangamo Electric Co. (quar.

7%

(quar.)

Kelling Nut Co. 6%

(quar.)

common

-'.

'/

9-15

Co.—

Castings
Aetna Ball & Roller Bearing,

10c

Schuster (Ed.)
Coqipanyj common (quar.)
474% preferred
(quar.)

,

9-15

10-15

(quar.)_

10-10

Electric
Steel

.'Advance

35C

9-17

50c

,:

A "

.

9-20

10-15

$35c

A

(quar.).

Addressograph-Multigraph

9-16

1

$25c

.Qable Corp., common (quar.)—__—
.convertible
preferred (quar.)
—
common
(quar.)____

4%

9-30

Paper

preferred

Acme

9-16

10-

$8%c

(quar.)——(quar.)

t

9-20

50c

(Kan. City)

_—

Adams

10-1

6c

$2

9-15

10-1,
9-29',,:

$1.25

___

com.

Stores

9-20

10-15

(quar.)—

&

Acme

30c

—:____——

Corporation,

preferred

9-20

10-15

Sugar Refineries, Ltd.—
preferred' (quar.)
_<
Class A partic. preference
(quar.).__—_—

9-30

Reymer & Bros..—
Riverside Silk Mills, Ltd.—

.

9-12

+5c

■

~

(quar.)r_Ai._._rr__

Gas

10-15

Rothn\oor Corporation,

15c

Natural

'$12c

,

participating class A preferred (quar.)
9-19
.7 Robinson Cotton Mills, Ltd.—__———'
V, ' Extra. —*—
:J:—-9-lG;«
Rochester Telephone Corp., common (quar.)
9-16
4%% preferred
(quar.)
—

9-29

;

50c-

Reece

International Minerals <fc Chemical Corp.—

Kansas-Nebraska

Co.,

(quar.)_;_l—:

Renfrew Textiles,

11-

(quar.)

com.

9-20

$2

'

Corp.

9-19

1

9-16

9-20

772c

International, Metal Industries, Ltd.—
Class/A (quar.)
Z."
!--472%* preferred
(quar.) —_—

Bakeries

1

10-

(quar.)——

Co.

9-20

10-15

5%

'

——7—______

10-

,

4% preferred, (quar.)
____—
Inter-City Baking Co. new-com. (Initial).——

$4.80

9-20

10-

15c
30c

pfd. (quar.)__
(quar.)
Ltd. (quar.)___

Ralston

—

"preferredjr< quar.)-------

Interstate

Co.

9-20

(quar.)______

International Ocean Telegraph

10-: 1

12 V2c

Power,

10-14

1

1

Acadia-Atlantic

'

10-14

$1

5.% preferred (quar:)_r__^_—
Ingprsoll Machine & Tool, Ltd.—
50c participating class A
(quar.)

preferred

9-20

.—

9-30

1

_

4%

1%

&

A-

class

10-31

$1.0674

(quar,)-

1

$5

i.

$1.12 72

lquar.)

(quar.)__

75c

Machine

Laboratories

$1.50

Power & Light—

$1.50

4%' preferred; (quar.)-_L__-,™___-_
1_
Imperial Tobacco Co. of Great Britain &
Ireland American, deposit receipts (interim)
Indianapolis Power & Light Co., common.

Common

10-

Putnam, (George)

Imperial Tobacco Co., of„Canada, Ltd.—

4%

9-15

25c

preferred

10-

A

Extra

1

______——

10-31

10-

9-19

Company

Abitibi Power

10-

prior preferred (quar.)—.
Fund (Boston!
Radio Corp. of America—
$3.50 .convertible
1st preferred (quar.)__

1

9-10

9-30

(accum.

announced

Abbott

11-10

10-31

$3772c

Sulphite .& Paper ,Co.-r(quarl)

10-

common

(Texas)

11-30
11-15

$1

Co.

Purina

9-

$1.75

Per

11-10
'

$1.12 72

Puget Sound

9-30

A

preceding table.

9-15

(quar.)

9-15

9-15

9-20

9-20

8

1

—

(quar.)

15c

(quar.)____
3.6574
pre/erred '(quar.).—_J__
____
Honolulu Gas Co.,: Ltd.. (quar.)

Houston Oil; Co.

dends
9-19
9-

10-

(quar.)
(reduced quar.)_

10-

10-21

9-17

9-15

Below we give the dividends announced in previous
weeks and not yet paid. The list does not include divir;

$15c

Co.

9-15

10-

class

Corporation

9-15

30c

(quar.)

(quar.)

preferred

non-cum.

9-27

9-30

(quar.)__—

preferred

Name of

(quar.)^—.

$1.37 7z

Engineering Corp.__l_

J.1 Company,

(H.

Corp.

Lighting Corp.,

Huron

4%

class

'67o

Development

&

9-24

(quar.)

Hein-Werner; Corporation
Heinz

Yolande

11-30

(quar.)

Common

9-19

10-

$1.12 72

______

com.

(quar.)

iNv. Y.)

Yates-American

9-16

lC

Mining

11-24

Die Corp. (quar.),
'_
Wire Co., Ltd.* lquar.)______

Guaranty Trust Co-,

9-15

preferred

$2.50

9-15

10c

(quar.)

Grumman Aircraft

'Port

40c

I.

Western Insurance Securities

10-1

Acceptance,

Mining

12-5

1

t5c

(B)

9-19

1

9-30

5

25c

12-

Tap J&

Greening

1

10-

———

10-

Inc., com...

Great Lakes Industries, Inc. (quar.)
Great. \Vest Fplt. Co.,. Ltd.-50c
Convertible
preference" (quar:)

V

10-

$1.25

$1.40

6272C

(quar.)

•

25c

George Putnam Fund—See Putnam (George)
Gibspn Refrigerator Co.. (quar.).
Granite! City Steel Co.™_

Greenfield

56V4C

(quar.)__——_____

10-

.*.

Great American Insurance Co.

3

9-20

Co.-r7

Service

Polaris

.

9-20

$1.02 7a

& Surety Co.

Quarterly
Western Grocers,;Ltd.,

9-19

Co.

15c

com.

3

9-15

55c"

(Texas)

Western Casualty

10-1

50c

_____

(quar,)

common

(quar.)

Corp.,

12-15
10-

75c

General,Public Service $6 pfd. (quar.)___
$5,50 .preferred (quar.)
»:
General Time

9-16

1

$1.05

9-19

$40c

Co.

Inc.

6

9-20

10-

25c

pfd.

10-1

45c

9-

1

87 V2c

(quar.)_-_

10-

9-15

9-13

10-

(quar.)_

class

preferred C

Works,, "Ltd._________

Leather

Plough,

7%
4727o

4.107e

9-19

Co..

preferred

Co.,

1

9-

1

$25c

1

(quar.)__

1

______—

9-16

1

t35c

(quar.)____

(reduced).

Oil

Power

preferred B

8

10-

9-15

25c

(quar.)

,

1

10-

75c

(quar.)

American

preferred

Penn.

4.20%

10-

:_

50c

General American Investors Co.,
$4,50 preferred (quar.)*—

General

West

9-15
9-19

10-15

(quar.)

20c.

:

(guar.).

Ltd.

Malting

9-15

9-

9-16

25c

(quar.)

Corp.

-

1

9-30

Philadelphia Suburban Transportation Co.—•
5%
preferred (quar.)__—
Pittsfield
CoaL Gas : (quar.)

9-10

10-

25C

*

6%
preferred (quar.)
Foundation Co. of Canada,

9-24

9-

10-14

1

50c

Electric Co.,

20c

(quar.)
Portland Woolen Mills, Inc„" '6% pfd.'(quar.)
Pratt' & Lambert, Inc.———'
~Pressed Steel Car, 472%- preferred A (quar.)
Progress Laundry Co
'

(quar.)

(quar.)'

Penn.

9-15

preferred

47a%

9-13

9-15

7.12 7ac,

(quar.)__*
^

Dairies. Inc., com.
conv.
pfd.
(quar.)

West

60c

_______

com.

$4.50 pfd
Pennsylvania Power & Light—

9-15

9-24

50c

(year-end)

5%
; Pacific

6

$2

(quar.)

(quarl)

B

9

8

11-15

1

10-

15o

9-

9-

1

11-

$$1.25

9-28

Light, Heat & power Co., Ltd.—

Common

,

9-19

9-30
,

20c-

Foremost

Public

3.90%

9

$3

Forbes & Wallace

Ohio

pfd.

conv.

(quar.)

Webster-Chicago

1

Light

Candy

preferred

9

10-

12-

30c

$2

(quar.)—r

9-

1

Oil, Ltd.,

Scotia

Nutrine

„

9-15

$1

t26c

25c

A

Nova

9-23

'

1

Co.

Northwestern

Ottawa

25c

Class

North .Star

2

$2.50

File

10-15

(quar.)

Victor Chemipal Works, commqn
372%
preferred (quar.)_T;
Washburn "Wire Co. .(quar.)

:

10-

Cooker

American

9-21

17 V2c

Inc.

common

9-28

$1.0674

—

•

2

25c

I

Shce_Go., class B

9-30

10-

Bearing

Trust

Nicholson

9-15

$1

(quar.)
Publishing

Springfield

York

9-15

Fidelity. Fund, Inc.

First

9-19

25c

(quar.)
—
6% conv. pfd. (s-a)
Brunswick Telephone Co., Ltd.
(quar.)

9-24

& Company (quar.)
Felt & Tarrant Mfg. Co. (reduced)-.
Food Machinery & Chemical
Corp.________

Florsheim

9-27

3

10-15

10-

Pressure

9-24

+25c

%

(quar.)_____.

Pennsylvania

10-11
10-

20c

Radiator

New

9-30

(quar.)

com.

75c

England Gas & Electric Association—
47?% convertible preferred (quar.)

9-15

Fear, (Fred)

of

5%

20c

Enterprises,
Ltd.,

5c

Stamping,

New

Ltd.—

preferred (quar.

Co.

9-20

%—

National

9-15

10-

1272C

(quar.)

common

European & North American Ry. Co. (s-a)_
Fairmont Foods Co., common_'______,_

Stream

10-15

20c

Oil,

Motor

10c

preferred (quar.)
__1
Manufacturing Co. (quar.)___
Extra".
!__
4.16%"

Viau,

(quar.)-

National

j.

9-12

10-

4%

Co.,

9-20

50c

_____

20c

Ero

H.)

-3

60c

Co., Ltd., common——
preference
(quar.)

National

9-15

t5c

Fund

Corp.,
Ltd.
(quar.)
Empire Brass Mfg., Ltd., class A

(T.

10

New

Ecuadorian

Estabrooks

Valc^r

Grocers

National

9-15

25c

Fund______

Endicott, Johnson Corp.,

9-15

$1.05

Aluminate

National

tlOc
Howard

Finance

1

ioc;

•'

&

9-30

lc

National

Ltd.—

&

&

Diablo

25c
___.

(initial)

Eaton

9-30

1

Investors

Co.; (quar.)

25c

<quar.)__.

(quar.)____

Eaton

Field

Mount

1

9-21

$1.25

25c

Tobacco

.

(quar.)
Utility Appliance Corp. $1

10-

preferred

prior
Plan

$1.50

Extra

4%

$2.50

9-21

9-30

8%.! preferred

15c

(quar.)
(quar.)

9-15

9-30

$1.50

,

Corp.

Morgan Engineering

25c

Machine,

common

10-15

40c

Corp.

Locomotive

Morris

10-

(quar.)

Co.

Leaf

10-

9-10

9-30

Insurance. Co.,

Universal

9-30

10-15

Inc

Sulphur

Washing

Universal

9-20

$25C

—

Utilities, Co.,

preferred

Montu'eal

9-29

'

common

—

9-30

_____

___™

Duriron"Company,

1

preferred

9-20

20c

Petroleum

$4.20

convertible

1

(quar.)_

Fuel

70c

1

12 V2c

9-30

20c

(quar.)—

33%C

(quar.)
(quar.)_

pfd.

,

(quar.)

River

preferred

20c

57c

1

9-20

$1.12 V2

preferred-

International.Securities Corp.—
$5 1st preferred (quar.)
United Stockyards Corp.—-

10-15

_

5

10-

10-

&

10-

—

Co.,

2nd

10-

(quar.)__—

1

10-

Ltd

preferred

International

(quar.)

Co.

Extra

9-10
10-

quar.)__
(quar.)

Ltd.

Mfg.

$6

U. S.

partic.

Foreign Securities Corp.—
preferred (quar.)____

20c

lc

Montana-Dakota

9-20

(quar.)

preferred (quar.)_
Laboratories, Inc.—

convertible

Easy

10-

Co.

Dunhill

Duval

series A_!__

(increased

Corp..

Lomason

&

1

9-20

preferred

&

1

10-

.*._

Cement

^Theatres Corp.

Doeskin

10-

^

(quar.)

Dewey & Almy Chemical Co
Diamond

A

Mohawk

Y.)

Machine

10-

1

15c

1st

25c

(quar.)r

1

10-15

$1

:

25c

,

—

Mississippi

i quar.)

Manufacturing Co,
Delta, Electric Co.-(quar.)
Deposited Bank Shares (N.

9-16

(quar,)
(increased)

J.

Y.—

Decker

9-29

Manufacturing Co., common——

iquar.)___

N.

of

$1.25

-----

Company, common..!
4 7?%
convertible
preferred
(quar.)__—
Minnesota Power & Light, 5% pfd. (quar.)_

1_.

(quar.)_

9-20

Miller-Wohl

(quar.)

Extra
5%

Cudahy Packing, 4V2%

9-30

9-30

Co

Corp.

Class

com.

10-15

common

preferred

Extra

Alquar.)

_

Co.,

9-30

25c

(quar.):

McQuary-Norris
Medford

Securities,

Corp.,

preferred

preferred;series 1945 & 1947 (quar.)
Crum & Forster, common (quar.)
8%
preferred (quar.)
Forster

9-30

10-15

10c

Y.)

Exploration Corp.

Corp.

S. &

80c

(N.

McAleer Manufacturing Co.,

372 7?

&

Co.

Calculating

Mills

Mascot

.

___

common

10-15

(reduced)

Trust

Oil

Marchant

U.

31ViC

—

11-

25c

(quar.)

Fund__

Non-cumulative

8

45c

Co.

Midland

Marine

_

9-

$1.25

(quar.)

Manufacturers

(quar.)

9-16

$4.50

,

Sugar

Income

Holders

United National Corp.—

9-30
9-15

(Ky.j —

Co.

Manati

Retail Stores, common (quar.)_
4V4%
preferred
(quar.)
Continental Baking Co., common (quar.).

preferred

9-19

—

Consolidated

$5.50

1

10-

50c

9-28

___________

Ltd., class A

United

—

(quar,)

Investment

9-19

:

Y.)

(N.

45

Payable of Rec.

50c

>.

—

"

Udylite

50c

9-30

_____

10-1

10c

Publications, Inc., common_____
;
$1.50
participating preferred—
Mading- Drug Stores, common (quar,)—
55c
preferred (quar.)
Mailman Corp., Ltd

(quar.)_

Participating ±
Consolidated Cigar Corp.

40c

Macfadden

—_

common......-.,.

preferred

Corp.
(quar.)_
Underwriters Trust Co.

—

preferred (quar.)..;..—_______
j
5%
preferred ($25 par)
(quar.)
Ludwig Bauman & Co. > (quar.) _______
Lynn Gas & Electric (quar.)

_

Company, common—
preferred B (quar.)—____—

$6

Common

common....—,.

Electric

&

(quar.)

9-10

9-16

—

Cement-"..

Company

9-19

When

Share,

•

*

10-1

Corp.__„_—T___——

Portland

Louisville Gas

A__„__.

Columbia Baking Co.,

Aircraft

Longhorn

(quar.)
preferred (s-a)______

Clopay; Corp., -class

u_—

Lockheed

preferred

Trane

Company

72C

17

J.), Inc., 6 7o pfd. (quar.) _
Chain
(quar,),—_

Extra

Vermont Public Service—

convertible

Name of

37 72C

(quar.)

(Thomas

Locket; Steel

preferred (quar.)
Chapman. Valve Mfg. (quar.)__
$3

preferred

Lipton

4.15%

Chicago

7%

♦

32 %c

.

$1.02 V2

series

Per

Payable of Rec.;

Lindsay Lightt & Chemical Co.—

com., (quar.)

(1021)

-:

Holders

When

Share1

Namfifif Company, .7,

$1
& Gas,

FINANCIAL CHRONICLE
Per

Payable of Rec.

Y.)—

;

Illinois Electric

COMMERCIAL^ &

Holders

When

Per

Name of Company
Central

i

American

(quar.)

Locomotive

Co., common
7 % : preferred
(quar.)
American Machine & Foundry Co.—
3.90%

preferred

(qilar.)

Metal Co.," 47a %
Meter

Co

*

preferred (quar.)

28Vic
317«c
35c

9-15
9-14*-

$1.75

10- 1
10- 1

9772c
$1.12%

10-15
12- 1

11-21

$!

9-15

8-1S

9-14*;
9-30

American

(bi-monthly)

Co,

News

k

A
B

preferred A

<4

preferred

$5

9-

1

37 %C

9-15

1

5%%

37 %C

9-15

9-

1

Bridgeport

$1

9-15

9-

1

(quar.)
$6 pfd.

(accum.)

Radiator

American

Corp.,

&

Snuff

1

9-

10-

1

9-

50c

1

9-

10-

1

9-

8

7 %

preferred

$4

American

Smelting

Co.

Cotton

Common

G%

Arkansas

9-

1

British

10a

9-15

8-

1

6%

1st

6%

2nd preferred

10-

6

50c

9-29

9-

6

9-22

9-

2

4Va%

Cork

preferred

Armstrong

(quar.)—

Class

B

4%%

(quar.)

common

9-15

9-30

9-15

Buffalo

:> 62 %c

9-15

8-15

Building

$1.12%

10-15

9-15

1

9-16

J 30c

9-30

9-

J15C

1010-

1

10-15

9-12
10-

$1

1

C.

8-22

$3

5

(N.

of

Y.)

9-30

9-16

9-15

„-19

$12%c

9-15

5%

8-19

tl5c

10-

1

9-15;

10-

1

9-15

30c

0-22

1

15c

9-15

9-

10c

0-30

9-15

-

Corp.-

—

■

(quar.)
Mills,
Common
(monthly)
Common (monthly)
Common
(monthly)
Common
(monthly)
Common
(monthly)
Common
(monthly)
Common (monthly)
Common
(monthly)
*4.50
preferred
(quar.)

1

25c

10-

9-

183/4C

10-

9-20

(quar.)

A

•

2

Avondale

$4.50

preferred

Collieries

Babbitt

(B.

T.),

Babcock

&

Wilcox

4c

(Joseph)

Bank

Extra
Barber

of

Basic

Canada,

3

Beatrice

3%%

Bcatty
Beau

7 %

Ties,

Packing

preferred

Bell

Co.

(quar.)

non-cum

$1.75

9-16

__

1

9-15
10-

1

9-28

9-

Canadian
$1

1

Canadian

9-

9*

1

9-

9*

9-21

$1

10-

1

9-15

$1

9-12

8-26

4V2%

1
1
1

9-15

12y2C

10-

50c

„

i.1

9-13

40c

_

1

9-26

9-

9-14

Class

8-29

Canadian

7%

Ltd.,

common

10-

1

8-31

Canadian

115c

10-

1

9-15

Canadian Motor

.

preferred

Loan,

9-15

Common

10-15

9-15

Common

9-15

8-15

9-30

9-10

9-30

9-15

8iy.c

Hill
pref.

Cement

(quar.)

9-30
9-30

$1
50c

—

II-

1

9-15

Canadian

preferred

preferred
preferred
Pacific

Silk Products Co.—

10-

1

9-20

Canadian

$1.75

10-

1

9-

2

Canadian

50C

)"

(quar.)_L—"HI

6%

10-

preferred

(quar.)

9-15

Cannon

9-30

9-15

Class

9-30

9-15

50c

9-26

9-12

.

30c

.

9-23

9-

$1.50

.'

9-30

9-26

75c

9-15

9-

$1.37 y2
50C

25c

10-

1

9-14
10-

1

9

7

9-15
9-7
9-16

$1.50

A

Ry.

Co.,

(quar.)

Westinghouse

Co.,

Ltd.

Mills

(quar.)
Co., common

B

(quar.)

preferred

Carnation

Co.,

1st

I

common

preferred

(quar.)

——

(quar.)

Carey, Baxter & Kennedy, Inc.

1

9-15

10-

1

9-15

Carpenter Steel Co.

(quar.)

9-

9-30

9-15

10-22

9-17

25c
75c

Co.

Co.

Corp.

Clark

Controller

Clark

8-25

Equipment

5%

9-15

M

Cleveland-Cliffs

$4.50

9-10*

$4.50

9-15

9-

9

11-

1

1
1

Climax

9-15

0-1

9-15

9-

Clinton

9-10
9-

Cluett

1

8-15

-9-15

9-30

9-12

30c

9-10

Coal

12-15

9-30

9- 6

25c

Class

B

9-15

9

3 "

9-15

9-

3

$1.12'/2

10- 1

40c
$1.25

9-13

9-

I

9-13

9-

1

25c

9-14

9-

1 *■

$2

9-16

9- 6

10c

9-30

9-15

(quar.)

com

(reduced)

Gas

A

&

25c

9-26

9-12

20c

10- 1

9-16

50c

9-26

9-12

10- 1

9-16

$1.75
$1

Electric

!___

25c
30c

(quar.)
International

9-20

Cochran

1

0-15

10-

1

9-

9

10-

1

9-

Colonial

9

9-

Commercial

8-10

9-20

Insurance

Co.

America

of

1-

3.60%

Credit

Co.,

preferred

10-

1

9-15*

Commercial

10-

1

9-15*

—

Quarterly

9-15

Commonwealth

8-29

Investment
Life

1

9-~i

10-

1

9-

10-

1

1

9-15

9-30

9-23

10-15

9-23

9-15

8-31

9-15

8-31

•

10-

8-31

10-

9-

10-

9-9

10-

9-

9

10-

9-

9

0-

9

1
.

9

9- 9

9-30

9-

9

9-30

9-

9

10-

1

9-

2

10-

1

9-

2

10- «
"

1-

&

Southern

; $6 preferred
Community Public Service
Shoe

Conde

(Ky.)

Confederation

Co

7%

class

Common

Co.

preferred

9-15

75c

70c

-

(quar.)

Y.)—

.

(quar.)

Baltimore,
preferred B (quar.)

preferred

1

8-31

Consolidated

10-

1

8-31

10-

1

8-31

Consumers

Company,

10-

1

9-15

Consumers

Gas

Power

$4.50

$20c
$17y2c
$$1.75

9-15

10-31

9-30

10-15

9-15

9-28

9-14

12-15

11-25

Co.

1:"\* 9-15'
1

Co.

8-18

(quar.)

25c

9-30

9-15

9-30

9-15

$50c
62Vic
25c

9-30

8-30

9-15

8-31

9-15

8-31

',f:

Ltd

Co.,

'

,

,

(quar.)

$1.12%

10-

1

$1.13

10-

$$1.25
$$2
$50c

10- 1
10- 1
10- 1

9-1

5%

9-1

8-22

Foundry

preferred

Continental

Gin

9-15

Copper

9

9-12

10- 1
10- 1

37%c
50c

12- 1

93%c
25c

10-

9-

9

:

9-15
1

$2

9-23
10- 1

$1

11- 1

50c

9-13

11-18
9-

6

9-23
10-20

9-

:'

Range

Cosden

The

common

(quar.)

Crane

L.),

of

2

'I.

1

9-16

10-.

1

9-19

10-

1

10-

1

$1.12

y
Corp

Co.,

5%

12-15

20c

9-12

8-19

10-15

9-23

$1.66%

9-12

9- 3

$10c ,10- 1

9-15

j
"

conv.

Ltd.

pfd

(quar.)

America,

9-15

1-3-50
9-15

common

Corp.,

9-15
.

$1.13
25c

$1.3iy4

:

9-

1

y
.

Company, common (quar.)
preferred
(quar.)

Creameries

9...

10-

V 50c

—

!

Petroleum

9-15

•.

$1.25

above payment clears all arrears.

(R.

\

40c
933Ac

(quar.)

•

9-26

9-

9

9-15

9-

1

25c

9-30

9-10

$1.50

Inc.

10- 1

9-20

30c

9-24

9-14

25c

10- 1

-

8

9-15

9-

*

Cornell-Dubilier Electric Corp.-—
$5.25 preferred A (quar.)

9-23

9-12

Machine-**

9-15*

9-12

40c

Co.,

Steel

I

9-30

10c

preferred

10- 1

9-

&

8-25*

10-

10c

Co

preferred

Continental

1

Fibre

yv

9

9-9

-9-15

9-15

933/+c

Corp.__™^

9-

1

9-30

30c
25c

._v:

(quar.)

4%%.

9-1

10-

(quar.)_

(quar.)

10- 1

10- 1
10- 1

(quar.)

Commercial

9-15

9-15

com.

Mfg.

Assurance' Co.

Common

2

9-15

10-

$2.50 pfd. (quar.)
(Reading, Pa.)—

Continental-Diamond

9-1

9-

^

10-

Can Co., common" (interim)
preferred
(quar.)

10- 1

9- 2

$1.25

Corp.,

Lithograph

preferred

Continental

9-12
9-12

10- 1

10- 7,

15c

Continental

Continental

$4.52

Continental

8-12

1

(quar.)_.™

(quar.)

preferred

1

8-25

11-

$1

*

;

Utilities Corp.

Grocers

Consolidated

9-261

9-15

$1.12%

(quar.)

C

preferred

9-26

;

90c

Light & Power
common
(quar.)

10-

9-15

* 9-12

1

Electric

of

4Vi%

1
6 !.

9-30
10- 1

10c

:

9-

9-20

10-

$1.25

Co.

9-10
9-

1

5c
Gas

Consolidated Gas

5%

\

40c

(quar.)

10-

9-2'

10- 1

25c

Extra

Consolidated

4%

•

f'; 10c

-

'

Engineering

8-31

9-9

$$2

,

$3.50

(N.

9-15

10- 1

37V2c

(quar.)

Consolidated

V

8-25

25c

(s-a)™

Edison

9-12
9-14

9- 9

15c

v

I

(accum.)__

Dry Goods Co., com.

Consolidated
$5

A

9

9-30

9-15

;

Life

preferred

6

9-

y 9-15
9-15
9-15

50c

-

^_™

Asociation
(Toronto)
(quar.).
i
Connecticut
Light &
Power
Connohio, Inc., 40c preferred (quar.
Consolidated Cement Corp.—

$1.40

9-

9-24

'

.

$1.50

Congoleum-Nairn

Consolidated

9-15

9- 6

—

(Del.)—

Machinery Corp.__
Publications, Inc. (quar.)

Nast

8-31

10-

Co.

Corp.

1

10- 1

,

6c

i.~^':<;15c

Commonwealth

Compo

9-30

Insurance

.

37'/2c

{

(Del.)

Quarterly

9-15

10-

10-

Co.

1

Crompton <fe
6%

Knowles Loom

Works

preferred (quar.)

Crowell-Collier

Crown
Class

Publishing

Cork International
A

r

0-15
9-15

9-30
9-30

•

25c

Corp.^_-^_„_l__+.

Solvents

Commonwealth

9-2

9-12

Co.—
'

Commercial

8-25

,9-15

Shearing & Stamping

9

10-

90c
90c

'

(quar.)

1

9-29

10- 1.;
10- 1

25c

.

(quar.)__

common

9-

$1

25c
12lAc

'

—

9-

8-26
9-13

9-30

$1

•

& Iron Corp. (quar.)
Baking Co., common .(quar.)50c
participating preferred (quar.),;
Participating

9-12

9-15

.ir9-12

Fuel

Columbia

? {

''

9-20

Life

Colorado

10-

(quar.)_
(quar.)_

9-10

9-12

1

15c

Company, Inc., 4»A% pfd.
Colgate-Palmolive-Peet, $3.50 pfd.

9-16

9-30

10- 1

53V«c
87'/2c

i.

Coleman

9-30

9-16

10-

$1

$7.50

Corp

(quar.)

9-16

9-30

~

Company

Coca-Cola

Co.

10-1

Co.—

(quar.)_

Coca-Cola

Foil

9-9

(quar.)

9-20

1

8-26

$1.12*/2

common

8-31"

10-

,

(Monthly)
(interim)

Inc.

8-31

,

8-26

12-31

(quar.)

Corp.

9-15
1

9- 6

4%

(quar.)_

common

Co.

9-15

10-

9-15 '
9-15

dividend)

(quar.)
preferred (quar.)

preferred

9-14

50c

8-26
9-26

50c

Co.,

Mills

Industries,

2nd

9-26 ^

9-14

$1.25

(quar.)

Worsted

Counties

6

10- 1
9-19
10- 1

$1.37'/2
62»/2c

(quar.)

preferred

4%
Coast

9-

Illuminating Co.

Peabody & Co.,

7%

1

9- 6

$1

(quar.)

common

Molybdenum

Clinchfield

9-15

9-20
9-15

8-22-'

(quar.)

(quar.)__.

preferred

Cleveland

9-15

10-

9-15
10- 1

Cleveland

10-14

10-

9- 8 '

$48

50c

Graphite Bronze Co.,
preferred (quar.)
Quarries
(reduced)

5%

10-14

„

$1.25

pfd.

Cleveland
,

9-20 j

9-20

Supply

Electric

9-15

9-20

(quar.)

Iron

preferred

Cleveland

8-26

9-15

10- 1

'

$1.75

4%

(quar.)
Corp. (stock

Clary Multiplier
Cleveland Builders

9-15

35c

(increased)

preferred
(quar.)

Co.,

2

25c

5%%

Co.

preferred

,

8-15
9-

Investing

7

9-30
9-30

$1.25

(quar.)

Products

9-7

$1.75

com.

Electric,

9-22
10-

$1.50

33A %

(quar.)

10-

8-31

&

City

10-7

75c
50c

37 Vic

9-30

Service

Crain

(quar.)
Carolina Telephone & Telegraph (quar.)
Carpenter Paper Co., 4% pfd. (quar.)

$2

9-10

Cities

Gas

1

75c

Capital Transit Co
Capwell, Sullivan & Furth,

33A%

Cincinnati

1

11- 2

$37y2c
75c

—

1

9-23

7%
preferred (quar.)___*.
Chrysler Corporation

9-1

Wirebound Boxes, Ltd.—

class A

9- 2 *

(quar.)

Co.,

10-

—$37'Ac
(quar.)_
$50c

Capital Administration Ltd.—
$3 preferred A
(quar.)

6%

9-

0-15*

-

,

9-23

30c

(quar.)

(quar.)

Christiana Securities

Oil

Cotton

4%%

ordinary

3iy4c

IIIII




9-20

9-30

12y2c

III™
(quar.) Ill
pfd. (quarl) II

(quar.)

1

25c

(quar.)

■>Albany RR
preferred

class

—

(quar.)

Canadian
Canadian

50c
(quar

i

9-30

Products

9-20

7

9-15

10c

Lumber Co.

Chickasha

10-

9-15

10- 1
11-1

preferred

$$1

9-15

$1.50

&

9-20

6

9-15

1

2'/2c

Chicago Towel Co., common
7%
preferred
(quar.)

y

(quar.)

8%

8-19
9-13

10- 1

10- 1

75c
87V2c
50c

—

iquar.)__

(quar.)
Rock Island & Pacific RR., com.__
series A (quar.)
Chicago & Southern Airlines, Inc. (resumed)
5%

-

(quar.)—

10-

45c

9

9-13

25c

(Consol.)

9-13

10-

2-2-50

$183Ac
$25c
$$1.12y2

Cos., Ltd.—

10-20

Co.

common

Bryson, Inc.

Oil

5%
•

$50c
$3iy4c
$25c
$5c
$15c
$10c
$35c
$25c
$433/4c
$70c
$30c

Y.)

Chicago,

1

9-20

"A%

50c

(N.

Chicago Rivet & Machine Co.

8-15

'

*"

9-

8-31

Extra

$15c

—

4%
;

10-14

$3.75

(quar.)

37V2C

___

conv.

Ltd
Ltd.—

Co.,

(quar.)—

.•L

Chesebrough Mfg. Co.

$15c

1

I10c,

9-14

1

9-15
9-12

10- 1

(quar.)_

Cherry Rivet Co. (quar.)
Chesapeake & Ohio Ry., common
"3V2%
conv.
preferred (quar.)

Co.

I

9-15

25c

8-22

$$1

(quar.)

common

Lamp Co.,

150c

common™I™

Ltd.,

Ingersoll-Rand

10-

*

J

10c

1

$1.12y2
25c

(quar.)

& Trust

10-

10c

9-14

9-14

1
S

9-14

(quar.)
(quar.)

$4.50 pfd.
conv. pfd. A

5%

B

Bank

99-

Corp

Chemical

Consumers

(quar.)

50c

—

Co.,

preferred

9- 2 v

9-15
10-15

$1.12'/2

8-31

$$2

Co.

(quar.)

Industries,

10-

I

(quar.)

(quar.)—
Corp., 7% pfd.

5%

A

Candy

5%

8-31

Ltd—

Corp.,

^

125c

Tobacco Co.,

Jkitany Mills,

Foreign

General, Electric

(quar.)
Canadian Ice Machine Co., Ltd.—

8-31

Chase

10-17

9-10 ?

15c

America

of

50c

common-—,-

(quar.)—
Investment

Reduced

25c

&

A

Co.

V

15c

(quar.)

Investment

Store

9-20
9- 2

9-20

10c

(quar.)_

com.

9-10 .v

•

1

(quar.)

Corp.,

9-ia,<

^

—

—

Inc.

Champion Paper & Fibre,

9-16

9* 1

$25c

Ltd.,

Products,
(quar.)

preferred

Canadian

1

Chain

75c

——

Co

Products

preferred

4%%

9-30

10-7
10-15

10-

—

(quar.)

Electric

Century

8-25

10-28
10-28
9-15
10- 1
9-15
9-15
9-15
10- 1

$25c

Class

preferred

Co.

;

Food

l$l.50

1

Certain-Teed

Ltd.—

Co.,

Common

9-14

10-

(quar.)—

common

Dock

&

Common

Canadian

9-14

10-

(quar.)

Dredge

Canadian

10-

125c

—

(quar.)

preferred

3

84 % C

(quar.)—

common

Cottons, Ltd.,
preferred (quar.)

6%

9-15

Celanese, Ltd.,

preferred

10-

(quar.)-

preference

Participating

10-

r

conv.

Canadian

(H.

prior

60c

8-31

10-

(quar.)

Ltd.

Canners, Ltd., common (quar.)—
1st preference (quar.)——__———
Participating

9-10

•

•

—

—.——

5%

$$1.75

Book-of-the-Month Club

€%

1

50c

—

C.) Co., common (resumed)
5%%
prior preferred (quar.)_
Bond Stores, Inc.
(quar.)
;
II™

,

10-

&

(

Canadian

9-10

8-31

;

Black, Sivalls

&

1

9-10

1

——

Insurance

.j.—

Breweries,

9-15

convertible preferred (quar.)
Black & Decker
Mfg. Co. (quar.)

Boston

10-

1

10-

Life

States

—-—

$50c

Canadian

9-15

5%

Bohack

9-12

10-

(quar.)

com

B

6

—

(quar.)

(quar.)

Bibb
Manufacturing Co.
Biugham-Herbrand Corp.,

Bloch Bros.

Class

9-

—

Canada

$2
Limestone &

Extra

10-20

1

75c

(quar.)

Mines, Ltd
(quar.)

Hedges,

4%
preferred
Bethlehem Steel

1

3

9-15

(quar.)

common

preferred
(quar.)
preferred (quar.)

Bessemer

10-

9-

Co.,

—

50c

pfd.

Utilities

—

$i.i2y2

Hosiery Co.,

Quebec

&

9-16

9-

12-13

.

$1
Campbell (A. S.) Company, com. (quar.)—
25c
$2.50 preferred (quar.)
———62 y2c
Camden Refrigerating & Terminals Co.—
5%
preferred
(s-a)
$2.50
Camden Forge Co., 5!4% conv. pfd. (quar.)
34%c
Canada Bread Co., Ltd.—
4y2%
1st preferred (quar.)
t$1.12y2
■"
5% preference B (quar.)—
$62y2c
Canada Cement Co., Ltd.—
^5'
;
$1.30 preference (quar.)
$32 V2C
Canada
Crushed Stone,
Ltd
$15c
Canada Dry Ginger Ale, common
*
15c
$4.25
preferred
(quar.)
$1.06'A
",Canada Foils, Ltd; (initial)——
$10c
Canada Foundries & Forglngs, Ltd.—
i
Class A (quar.)
$37!/2c
Canada Malting Co., Ltd.—
$50c
Canada Packers, Ltd., class A
(s-a)
$75c
Class
B
(s-a)
$25c
Canada Permanent Mortgage Corp.
$$2
I Canada Starch Co., Ltd.—
7%
non-cum; preferred
$$3.50
Canada Steamship Lines, Ltd.
(s-a)
*
$50c
Canada Wire & Cable, Ltd., Class A (quar.)
$$1

125C

$3.25
$4

1

—

(quar.)

(semi-annual)

6

(quar.)_

Bendix Aviation Corp.
Beneficial Industrial

Benson

10-

1-2-50

63c
75c
28c
28c
^ 75c
60c
•
25c
27'/2c
50c

preferred (quar.)
Inc. (quar.)

Co.,

Special

9-

(quar.)_

(quar.);

Telephone Co. of

Belleterre

9

9-10

Co.

9-15

—

4%

Inc.

Ink

(s-a)

preferred

125C

(quar.)

&

preferred

9-

12y2C

common

common

Bclding-Corticelll, Ltd.,

5%

1

0-24

75c

preferred
Ltd.__.

Beech Creek RR. Co.

Belgium Glove

10-

20c

Co.,

Brummell

convertible

12 %C

(quar.)—

convertible

Brothers,

Bccch-Nut

$1

$1.06

Inc

Foods

9

$1

(quar.)

(quar.)_
Corp

Works

Cigars

0-

40 c

(quar.)_

Bausch & Lomb Opt. Co.,

Bayuk

1

50c

preferred

Iron

10-

$1.75

(quar.)

Ltd.

Manufacturing Co.,

4%%

1-15

$1.25

Corp

Bastian-Blessing Co.

Bath

10-15

9-23

25c

.

——

Inc.

(quar.)
preferred

convertible

12 Vac

Refractories,

Bates

1

10-10

$%e

'
Oil

11-

2-1-50

|V«o

Extra

Barber

4-15

37 %c

—

Ellis

3-15

1-50

30c

-

_

Building & Equipment

I-50

25c

,

(quar.)

2-15

$1.12 ;

& Sons Co

preferred

1-15

1-50

$1.12

.

Bangor & Aroostook RR. Co., 5% pfd. (quar.)
Bangor Hydro-Electric Co. common (quar.)
7%
preferred (quar.)
4% preferred (quar.)
L,
4%%

1-50

4c

(quar.)

Bancroft

11-15
12-15

4c

••

,

(quar.)

preferred

10-15

1

1-50

4c

-

preferred

1

12-

4c

Co.

1%

11-

4c

9-15

4c

(quar.)
Corp.
(quar.)_
Inc.
(quar.)

7%

1

4C

:-v,
-

Baldwin Company (quar.)—
Baltimore Porcelain Steel Corp.—
•

10-

'

Cent»ry Ribbon Mills,

8-25

Co.,

(quar.)
preferred
(quar.)California Water Service
(quar.)

—

Automobile Insurance Co. of Hartford

Ayshire

Power

a2% %
$5c

(quar.)

California-Western

Delaware-

(quar.)—-(quar.)—

5'/2%

,

quarterly
Products

Electric

preferred

5y2%

7%

Edmonton Corp., Ltd.

&

preferred

California

*10c
Co.

Corp.

California-Pacific
110c

$12c
$1.75
$1.75
$25c
25c
75c

(quar.)

(Holding), Ltd.—
preference (s-a)

5.60%

8-26

56 %C

9-15

9-10

6%

8-30

Wireless

$2.50

10-

1

9-20

&

Calgary

11-

Bldgs. Co.,

$30c

;

—

Co., Ltd.. Class A

Financial

T.

5'/2%

'

5

40c

I.

Cable

California

10-

$30c

(participating)

Byers (A. M.) Company

8-15

9-15

933Ac

pref.

9-23

11-1

9-15

9-15
-9-15
10-15

'>

10- 1
9-30
9-14

(quar.)

City

(quar.)

Dry Dock

9-16

$1
—

'

1

50c

—

—

pfd. (accum.)
Butler Water Co. 7% preferred
;
Butterfly Hosiery Co., Ltd., com. (quar.)

9-16

$1

—

Automatic Fire Alarm

Class

9-30

30c

(quar.)

Alarm

Steel

9-

A

B

Bush Terminal

8-29

9-15

75c

pfd. (quar.)
common
(quar.).

(quar.)
(quar.)
Fire

Automatic

8-29

9-15

9-15

10- 1
10- 1

8-30

Ltd.—

Class

9-10

30c

Co.

9-16

..

.

$1

30c'

(quar.)_

common

6%

9-15
10- 1
9-15

25c
$20c

*

10- 1

Central

9-15

75c

?

9- 1

87'/2c

preferred

3.50%

8-30
8-30

Molded

—___

'

1

9-30

"

9-17

Mill

90c

9-2
9-

9-30
9-30
10- 1

(quar.)
Co.,

Power

Chicago

$40c
25c

9-2

preferred (quar.)_
$1.50
Paper Co. common (quar.)___—15c
Central Steel & Wire, common
(quar.)
25c

8-30

10- 1
10-1
10- 1
10- 1
9-30
10-1
9-12
10- 1

9-12.1

9-15

$1.12 Vi

Service

Public

Maine

Chicago

(quar.)

(quar.)—

(quar.)—

Class

8

30c

Electric Service Co., Ltd., common
Class A (quar.)
1
Auto Fabrics Products Co., Ltd.—

Initial

v

pfd,

3.60%

Ltd.

Company

Burrard

,

9-10

1

—

Auto

B

Products,

&

Burns

9-10

4%

preferred B
Corporation (quar.)
Imperial Engine Co.—-

A

9-16

1

9-26

quar.)

3.75%

Class

1

10-

10- 7
10- 7
10- 7
10- 7
10- 7
10-7

Illinois

preferred

8-15

d40c
d$l.75

Burgess Battery Co
Burlington Steel, Ltd. (quar.)

9-16

10-

,

Refining Co.,
preferred A (quar.)

Class

9-

9-15
10- .1

12 %c

.

-——

(quar.)

RR

Corp.,

preferred

Niagara Electric,

Bullard

1

59 %C

(quar.)——

(increased

City Electric Co.

Automatic

9-15

25c

Central

Central

8-15

$1.25
20c

9-30

Bulova Watch Co.

Co.

Atlantic

preferred (quar.)
Pipe Line

15C

(quar.)——

6

25c

Buckeye

9-

9-

8-30

9-

9-12

10- 1
9-30

25c

(quar.)

preferred

9-15

(quar.)

com.

Bucyrus-Erie Co., common
7%
preferred (quar.)

,

10-1

4x/i %

$7'/2c
Co.

(monthly)

9-30
9-15
9-20

10- 1
10- 1

50c

Hollywood Building
Light Co.—

6

10- 1
11- 1
9-14
9-14
9-13
10- 1
10- 1
10- 1
10-31

10-15
10- 1
10- 1
10- 1

Illinois

9-15

'

—J.

20c

Refining common (quar.)
preferred (quar.)

Line

$5

(quar.)

(quar.)___

A

9-15

$1

Coast

Extra

class

Brunswick-Balke-Collender

1

—

(quar.)

8-31

*40c

Investment

A

9-

9-15

10-

Central

1

pfd

5%

Co

Storage

$7'/2c

Ltd.

B

1

Corp.

fieries

8-15

Mills,

Class

9-15

(quar.)

(quar.)

A

Atlantic

Atlas

12-19

25c

Atlantic Greyhound

Atlas

12-23
V 0-15

25c

(quar.)

Atlantic

4%

9-23
12-19

$1
10c
90c
*30c

_

4%

25c

'

convertible

Associates

9-30
12-23

20c

(quar.)—

common

$4

1

25c

&

(quar.)—+.

common

Distillers,

Bruck

(irreg.)—
Oil

$1.20

10-

$1

Corp.,
Asbdown (J. H.) Hardware, Ltd., cl. A (quar.)"

Aspinook

Bigelow,

Brown-Forman

$1

(quar.)——

Co.

Corp.
(quar.)
Ltd. (quar

Ashland

—

9-10

(quar.)_

B

——

9-30

—

preferred

convertible preferred

Class

(quar.)

preferred (quar.)
Junior preferred (quar.)
Brown Shoe Co., $3.60 preferred

(quar.)

Asbestos

&

Brown

$$1.50
+$1.50
15c
$1
' 25c

(quar.)——

Iron

Cold

Chamberlin

————»—

.

9-

(quar.)

Constable

Arnold

& G.)

9-15

y

a2%%
19%c

(quar.)

933Ac

Co.

common

class

(E.

-Extra.

1-21

1

Central

Telephone Co.—

preferred

9-20

$1.25

Gas

Brooke

10-22

•

15c

Power

Rubber,

1

Columbia

1-31-50

$1.75

(quar.)

Co.,
(quar.)

preferred

<3.75

11-

$1.50

1

$3

preferred

conv.

Armstrong

11-

$1.25

8-30

7

„

common

8-30

10-

50c

common™

(quar.)
Catelli Food Products, Ltd.,

Payable 0} Rec.

5c
58%c
d40c
d$1.75
$15c
$$1.75
$25c

(quar.)

pfd.

(quar.)

Ltd.,

9,

(quar.)———

(quar.)

3'/2%

preferred

4%

—

9-30

12 %c

(quar.)

Corp.,

1

9-15

—-

Western

Steel

9

9-

,

—-

10c

common

Arkansas Natural Gas, 6%
Armco

9-

10-14

—

Co.,

Co.,

preferred

9-27

$1

(reduced)

Arkansas-Missouri

9

$1.50

(quar.)

Edison

Ariwna

9-

* c
123/gC

•-

—

37 %c

Corp.——

Corp.

9-15

1

50c

(quar.)

Mills

2

9-

9-13

10-15

10-15

Corp.

Corp.,

Company,

preferred

7%

Ltd,—

(quar.)

9-15

preferred (s-a)__

Oil

Argo

<4

6*

(J.

Central

—_

$1.75

preferred (quar.)
preferred (quar.)
A|*cx Electrical Mfg. Co., 7% pr. pfd.
Arts

9-

—

6%

Arcade

3

Lead &

Zinc,

Applied

10-

10-

93%c

(quar.)

registered
(interim)
is
5% preferred bearer shares (s-a)
a2%%
Amer. deposit receipts bearer (interim)19%c
Ordinary
bearer (interim)— —\
.
Is
British Columbia Elec., Ltd., 4% pfd. (quar.)
*$1
4%% preferred (quar.)
$$1.19
British-Columbia Packers, Ltd., class A (s-a)
J37%c
'Class B
(s-a)
$25c
British Columbia Power, Ltd., class A (quar.)
$40c

2

$1

.6%

Apex

9-

50c

Smelting, common—
AO prior preferred (quar.)
Anaconda Copper Mining Co. (reduced)
Anchor
Post Products,
common
(quar.) —
—

1

$2.25

(quar.)

(quar.)

preferred

10-

$1.50

9-15

Ordinary

$1.75

7%

9-15

Amer.

35c

(quar.)....

9-30

9-30
9-15

preferred registered shares (s-a)
deposit receipts reg. (interim)™

5%

8-25

9-15

I.)

Cassidy's,

British-American Tobacco Co., Ltd.—

8

60c

Refining,

Sugar

Oil Co.,

(quar.)
preferred

3%%

2

0-16

9-30

$1:50

—

pfd. (quar.)
American Sumatra Tobacco Corp, (quar.)—
American Telephone & Telegraph Co. (quar.)
American Tobacco Co., 6% pfd. (quar.)
American Vitrified Products pfd (quar.) —
American Woolen Co.,
common
(reduced)American

9-

9-24

.

10-

Steel Foundries
Co.

British-American

pfd.

OA

d35c

—

(quar.)

3%%

Case

7%
n

9-16

'•—

Co.,

General

&

9-15

10- 1
.

prefened

Corp., 4%

Carriers

Plywood

$1.37%
35c
;.'d25c

(quar.)

—

Common

common—

preferred (quar.)
Stores

1S1.50
/

(quar.)——

Corp.

Carrier

,®
9-10

Holders

When

Share

of Company

Cascades

————

Light Co.

Stratton

<fe

Bristol-Myers

9-10

9-20

$1.25

50c

American

(quar.)

Gas

Name

Power Co., Ltd.—

Co.—
convertible
preferred

Extra

.

American

.

Per

Holders

9-29
10- 1

75c
75c

.—

(quar.)

Sons

preferred

Briggs

6

Co

Co.,

6%

6

25c
.

Stamping

American

10-

$1.25

—

5% pfd. (quar.)_
Standard
Sanitary

common

American
C%

$1.50

(accum.)-

President Lines,

American

&

Bridgeport** Brass

(quar.)
(quar.)—...

.American Power & Light,

Co—.

Bearing

J.)

9-

7% preferred (accum.)
American Potash & Chemical—
Glass

(E.

9-15

$1.75

\

Glass

Brach

Brazilian Traction, Light &

Monday, September 12, 1949

Payable of Rec.

Share

Company

Roller

Bower

9-15

1

10-

50c

2

9-

9-15

25c (

...

Co. (quar,).
American Paper Goods Co.—
.American Optical

When

Per

Name of

Payable of Rec.

Share

of Company

CHRONICLE

FINANCIAL

&

Holders

When

Per

Name

COMMERCIAL

THE

(1022)

46

(quar.)

(quar.)

Corp.-rr__^,...
.a

9- 9*

COMMERCIAL

THE

Number 4837

Volume 170

Per

&

FINANCIAL

Per

Holders

When

CHRONICLE

(1023)

Holders

When

,

Cork

Crown

$2

Share

of Company \

Name

preferred

Ex-Cell-O

Inc.—

Seal Co.,

&

9-13

9-30

9-16

9-17

5%

9-30

Falstaff

Culver

pfd. (quar.)_

5%

Sugar Co.,

Atlantic

(s-a)
Co., common

Corporation

Cummins

Engine

4%%
preferred (quar.)
Cunningham Drug Stores,

(quar.)

(quar.)____

Inc.

Extra

Clothing,

Curtis

Publishing

Co.,

(quar.)—
(accum.)

ptd.

$7

Daniels

David

Ltd.,

Frere,

$1.75

75c
25c
50c

Deep

Oil

Rock

Corp

Stores,

Fibre

Delaware-New Jersey Ferry

Delaware Power & Light,
4.28%

Oil

Aluminum &

Detroit

Harvester

Brass

Co

Detroit

Mortgage

Detroit

Steel

Realty

&

Chemical Co.
preferred

Diamond

Alkali

Diamond

"T"

Diana

Co.

Distillers

9-15

Dobeckmun

125c
25c
62 %c
15c
50c
112 %c
144c

(quar.)
Ltd., common (quar.)
5%
non-cum.
preferred (quar.)
Dominion Gas & Electric, 4%
pfd. (quar.)
7%

Corp.

Dairies,

Dominion

Glass

Dominion

Stores,

Dominion

Tar

t$l

Co., Ltd.____

Linoleum

&

(quar.)

Ltd.

Chemical

&

9-15
9-26
10- 1
9-10
9-23
10-15
10-15
10- 1
10-15

1:25c
135c
140c

(quar.)_

common

(quar.)

Oilcloth

Dominion

Ltd.,

Co.,

preferred

'"v

;■

(quar.)

Company

Doehler-Jarvis

Dominion

__

New

10-28

137%c

9-15

$4.50
Durez

4V2 %
:

6 %

Chemicals,

& Fuel

(quar.)

preferred A (quar.)
preferred A (quar.)
6% preferred B (accum.)
6% preferred B (accum.).
Eastern States Corp., $7 pfd. A
$6

preferred

——_

Co.,

10- 1

9-2

40c

10- 1

9-2

$1.50

10- 1

9-2

(quar.)

Eddy

.Vy 'V:v^

class A
(irreg.)—
preferred
(quar.)

*6%%

participating

El

Paso

common

preferred

Paso

Electric

Co.,

$2

conv.

Products

Electrolux

9-13

8-27

50c

pfd.

(quar.)

Extra

,

(quar.)__

Watch Co. (quar.)
common (quar.)

(quar.)
(quar.)
Emerson Drug Co., 8%
preferred (quar.)__
Emerson Electric Mfg. Co., 8% pfd. (quar.)
7%
preferred (quar.)
Empire District Electric Co., common
preference

conv.

5V2%

preferred

Garlock

Equity Corporation,
Common
(irreg.)

common

(irreg.)
—

—

(s-a)
Emporium Capwell Co., common
preferred

——

(s-a)
Equity Fund, Inc. (quar.)
Erie Coach Co.
(quar.)
preferred

Common

Railroad Co., $5 pfd. A

Ltd.,, 5%

Corp.,

5%

pfd.

(quar.)

6%

5%

conv.

Candy
Cigar

General




37'/2C

10-

1

9-15

25c

10-

1

9-15

10-

1

9-15

9-13

12-28

1-30-50

3 10

$1.25

5-30-50

6-12

_

10-

12-

a

1

9-20

30c

9-15

8-22

9-15

$1.50
,

,

Ordinary

4Vi%

pfd.

Corp

10-14

9-15

Harshaw

Hartford Fire

9-

1

30c

12-20

12-

1

(quar.)

37»/2c

9-30

9-15

28y8c

9-30

9-15

1

General

6

Hazeltine

9-20

Hearst

9-

6

10-

1

9-

1

10-

1

9-

1

t$1.37

10-

1

9-

1

75c

50c

10-

1

9-21

7%

7%

9-26
9-19

9-

6

Henkel-Clauss,

9-15

9-

1

Hercules

31 Vic

9-30

9-15

Hewitt-Robins,

25c

•9-15

9-

25c

9-15

Hibbard, Spencer,
Monthly

1

10-14

11-25

11-10

$1

11-25

11-10

9-12

8-18

Holmes

9-16

Holt

preferred (quar.)
Industries, 5%

General

Mills,

General

Motors

&

Paint

(quar.)
preferred (quar.)__

9-19

Home

9-16

Homestake

9-15

8-31

Honolulu

10-

i

$1.25

11-

1

93 %C

6%

1

9-15

10-

1

9-15

9-30

9-12*

8-25

Co.

6

4.40%

9-14
9-15

55c

10-

1

10-

1

9-15

$1.50

(quar.),

10-

1

9-15

9-30

9-15

A.) Co., 5%

25c

11-30

11-25

Co.

15c

9-29

9-16

Products
(S.

Gerrard

9-20

1

$1.25

Power

preferred

9- 7

9-28

9-20

4'/2% pfd. (quar.)
preferred (s-a)
(quar.)—

Co.,

Gibson

Refrigerator
Machine

Gillette

Safety Razor Co.,

Girdler

Corporation
Harvester (quar.)

$1.12%

—

$5

11-

$1.25
37 %C

(quar.)_

pref.

8-30

9-14

25c

Co

1

10-

1

Coal

Alden
Falls

Glens

—

Co

*

Distilleries

(N.

Co.

Insurance

Glenmore

Y.)

class A

9-15
9- 1
8-19

7%c 1-10-15
10c 1-3-50
50c
9-12
$3.50
9-12

11-10

Globe

V

9-

6

9-

10-

56V4c

10-

-

1
1

6

9-

2*

9-

9-12

40c

2*

25C

—

(B.

F.)

preferred

Ltd.

Co,,

9-

1

1

9-15

10-

1

9-

9

10-

1

9-

9

10-

1

9-

9

10-

Horner

.

' '

5C

common

(quar.)

;

preferred

Goodyear Tire & Rubber Co.

(quar.)

—

(quar.)_

preferred
Cement

Class

A

(quar.)____

of Canada, Ltd.

9

Co.

Co

5%

preferred

97 2
9-20
9-

9-20

1

9-26

30c

$1.50

10-

1

56y»c

10-

1

B

9-

1

9-

9

9-20

9-10

50c

9-20

9-

t$l

9-12

8-12

30c

,

9-30

9-16

9-30

$1.50

10-

t$1.25

1

9

9-16

9-18

(quar.)_

50c
$1.25

•

9-12
9-30

9r20

12-30

12-20

9-30

9- 9

50c

9-

2

$1.183A

10-

1

9-15

30c

10-

1

9rl9

Canada, Ltd.—
9-30

8-16

10-1

13%

8-10

9-30

112'/ac
->

4Vi%

$1.03Ve
$1.25

Industrial Acceptance Corp., Ltd.

9-9

10- 1

9-10

9-

1

9-

1

115c
75c

Inglis (John) Co., Ltd—
Inspiration Consolidated Copper Co.—
___.

Reduced

Institutional Shares, Ltd.—
Bank Group Shares (s-a)

9-30

9-

1

9-12

8-22

110c

10- 1

9t16

9-22

9

2'/2c
27%c

9-30

8-31

-

1

$

Steamship

Building

(Chicago)
pfd. (s-a)_

4%

Co

Cellucotton

Products

(quar.)_

Extra

Bronze

Powders,

participating preferred (quar.)
International Educational Publishing Co.—
$3.50
preferred (accum.)
Harvester

Nickel

9-15

8-15

International Paper Co..

preferred

Co.

(quar.)

Co.,
of

10-1

9-20

37V2C

10- 1

9-10

10-1*

9-19

9-16

Ltd.—

6%

Elevating Co.

10- 1
10- 1

9-15

50c
50c
37 %c

Exchange

Inter-Ocean Securities Corp.,

International

9-

9-30

137%c

1$1.06V4 "

preferred (quar.)
5% conv. preferred (new initial)
Industrial Rayon Corp.
(quar.)

International

9-30

"9-30

1$1.25

(common).

(quar.)

5%

$4

.

25c

preferred

International

1

common

(quar.)

A

International

9-

*9- 2

9-30
10-

112y2c
,

1

9-20

25c

(interim)
preference (s-a)
& Michigan Electric Co.—
4Ve%
preferred (quar.)
Indianapolis Water Co.—

8-15

9-15

9-27
9-27
10-

$1.12%

(quar.)__

Ordinary

9-15

,$!

6
6

$1.25

of

112%C

!0- 7

9-

25c

4%

9-15

9-

9-15

9T 6

Indiana

9-15

1

8-28

$1.12V2

_

9-30

10-

9-

9-15

$1.0644

preferred

Imperial Tobacco

9-30

t$l

9-15
9-16

12'/2c

Co.

$4.75

International

Ltd.—

(quar.)

Gorham Manufacturing

pfd.

quar._

125C

Gordon Mackay Stores,

(quar.)_

(quar.)
Telephone Co. (Madison,
(quar.)
Imperial Paper & Color Corp. (s-a) _______
Wis.)

9-12

8-15

'

50c
$1

Co.

Commercial

Illinois

9-30

8-15

9

9-20
12-22

Corp

Huttig Sash & Door Co.,
5% preferred (quar.)

Interlake

9-15

9-

9-30
1-2-50

(quar.)

(Harvey), Inc. (quar.)
Mining & Smelting Co., Ltd
Humphreys Mfg. Co., common
6% preferred (quar.)
Huron & Erie Mortgage Corp. (London, Ont.),
Quarterly

9-26

9-15

1

'

2

9-16

50c

Insurance

Co.

Hoskins

10-15

$1

10-

2

9-

1

25c

class A
Co.^

25c

$1.25

9-16
9-

12y2c

___,

(Frank W.), Ltd.,

$1.25

—

9- *
8-31

9-12

10-

50c'

Company, Ltd. (quar.)
Company, class A

Hotel Gibson Corp.,

Ideal

1

9-30

$1

(quar.)
Bearing Co
Hoover
Company, common (quar.)
4V2%
preferred (quar.)_______

5%

1

10-

62y2c

(quar.)

(s-a)

10-

50c

&

$1

(quar.)

7

16c

preferred (quar.)
preferred A

Ball

$1

Goodyear Tire & Rubber, common
convertible

8-23

12 %c

-

9- 6
;

7

Electrochemical—

Insurance

(interim)

common

(quar.)

preferred

Goodrich

Ltd.,

Co.,

8-23

9-12

$1.50

(quar.)—
Mines,

Manitou
State

9-12

62 %c

Brothers,

preferred

$2.50

9-15

10c

(reduced)
(quar.)

9-14

10c

(quar.)
Co.

Telegraph Co. (quar.)
Inc., common (quar.)__

Stock

Golden

$5

9-14

1

9-12

10c

Golden

$5

8-31

9-20

10-

'

(quar.)
preferred (quar.)

Works

Brewing

Goldblatt

4%

1

20c

Inc.

Knitting

&

1

9-

20c

Extra

Gold

2

9-

9-20

40c

—

common

convertible

4Vi %

9-

9-20

50C

—

(quar.)_
(quar.)

(quar.)

B

Glidden Company,

Co.,

9-15

50c
50c

Gleaner

99-

9-30

*

Hudson Bay

10-

10-18

9-15

125c

Hubbell

$3

10-28

9-15

.

9

50c

8-29

9-20

;

common.™-...

preferred

Marine

9-15

9-30

30c

(quar.)______

9

Telephone Corp., common (quar.)_
preferred (quar.)
$5 preferred (quar.)

General

Georgia

Co.

9-

50c

pfd.

9-20
9-1 %

'

9-

9-20

8-31

1

9-24

45c

20c

1

(quar.)

$6

Castings,

9-18

12'/2c

1

9-30

1

9-15
10-

$1.50

12'/2c

10-

20c

10-

343/ac

(quar.)______

10-

______——

9-10

25c

25c

common

1

9-12

\

$1.50

Co.,

(accum.)—

General Steel

Glen

,

9-

9-15

,

9-12

10-

"

$4.50 conv.

9-15

25c

1

(quar.)

Manufacturing
6% preferred (quar.)
Houdaille-Hershey Corp., $2.25 pfd. (quar.)_

40C

Corp

semi-annual

Refractories

General

&

Oil

10-10

1

1

10-

20c

Mining

$4.25

Realty & Utilities Corp.—

Increased

Gerber

«

10c

(resumed).—

Signal
(quar.)

Railway

preferred

General

$6

25c

&

10-10

10-

25c

(quar.)

Equipment

Precision

11-

pfd.

(quar.)

Bartlett & Co.—

Honolulu Rapid Transit 5%

Hoover

CeinentPCo. (quar.)

General Portland
General

9*

'

(quar.)
Phoenix Corp.

General

9-

Hooker

preferred

General

Fire

1
3

$1.25
>

preferred

2nd

conv.

$1

(D. H.)

10-

10c

10-

____

preferred

10-

.

—

40c

•_

(Henry)

5%

Corp.—

Corp.—

$1

1

1-1-50

15c

$5 preferred (quar.)
$3.75 preferred (quar.)
General

10-

9-16

-

Corp., class A
(quar.)

convertible

$1.25

(quar.)
—

Printing

5%

Inc.,

$1

(irreg.)

$4

1

9-

8-20

f25c

Co

Hollingsworth & Whitney,

25c

-1

9

9-15

Inc. '(quar.

Furnace

6

9-16*

9-26

Hollinger Consolidated Gold Mines, Ltd.—
Quarterly

7

9-

1

9-15

43%c

Holland

9-

1

■

$1.75

Mainfold

,

9-15
10-

9-15

(quar.)__

9- 7

10-14

9-21

30c

Dauch

&

10-1

25c

1

9- 7

6

10%

B

75c
$1

Paper Co. (increased)
Hinde & Dauch Paper Co. of Canada, Ltd.—
Quarterly

a7%%

reg

$1.75

General

;

10-

5J/2%

preferred

Powder

OH

Class
Hinde

preferred (quar.)

pfd.

Hickok

2

•

7%

Corp

9-

9-30

433/4c

Monthly

9-15

8-31

10-15

30c

—

9-15

1

al0%

preferred A (s-a)
preferred C (s-a)
General Fireproofing Co., com.

General

3

8-15

9-13

'___

,

$6

9-16

9-15

t$2.50

5% preferred (s-a)_
Hendry (C. J.) Company,

1

,

*

,

(quar.)__
Paper Products, Ltd.—
(quar.)

1

10-

(quar.)_____

preferred

Common

1

Publications, Inc.—

1'

10-

9-10

(accum.)

10-

10c

10-31

9-30
10-

10c

Mining Co.. (quar.)
Helemano
Co., Ltd
Helme
(George W.) Co., common

io-

conv.

Instrument

Consolidated

preferred A

11-

25c

11-11

9-30

floe

Hecla

6

37'/2c

33y2%

25c

$2

(quar.)_____

8-3L

(quar.)

$1.06 y*

4%

7%

Co.

9-

5%

General

Glass

1*

(quar.)

9-14

dividend)

preferred

10-

iocJ

9-12

25c

common

2c

:

919

9-25

Corp.

Hendershot

(quar.)__

■■'.■'>

1

10-15

30c

prior preferred -(quar.)

Hazel-Atlas

9-

130c

Co.,

$4

9-15

quar.)___

■

10-

$1.12Vi

(quar.)

(stock

non-cumulative

9-16

Corp.; common

Corp.

$1.25

(quar.)

$3

9-20

7%%

Finance

9-19

35c

9-30

1 $ 1.25

:

9-15

1

$1.25

Tobacco

»

1

common

Hartman

2

9

10-

prior preferred (quar.)
Hart Battery Co., Ltd

9-30

?

Co.,

•

10-

10-

$5

25c

receipt for ord

10-20

quar.)
(reduced)

Insurance

Harris-Seybold

25c

Bonus

9-10

(reduced

9-16

——

deposit

Issue

Gas,

Steel

9-

(annual)

registered

1

9-12

15c

Harrisburg

(quar.)

common

9-IO

10-

$1.20

f20c

Harrisburg

9-15

_™

1

$1.50

9-10

9-30

8-16

10-

'

Co.—

9-30

Co.

8-10

9-15

$1.121A

1

Chemical

9-15

$1

(irreg.)_

common

Refractories

2nd

9-15

25c

$1.06'A

5c

:

common

Co.,

Bonus

American

preferred

9-15

>

-

9-15

9-15

(quar.)__

1

10-

(quar.)__

preferred

1

10-

2

-

9-10

9-30
10-

Co.—

Company,

9

9-20

37'/2c
112Vfec

10-24

(quar.)

Corp.
Co.,

A.)

11- *.

I

(quar)._

preferred (quar.)
Harding Carpets, Ltd. (quar.)
Harnischfeger Corp., common
5%

12-

25c

_________

6%

1

8-22

Ltd.

(quar.)___!____

$1

___J

A

$8

(quar.)

150c

__—

9-15
9-15

9-15

Harbison-Walker

(M.

34 %c

(reduced

Controls

10- 1
9-15
10-10

10- 1

9-20

5c

com.

preferred (quar.)
Dry Batteries
______
General Electric Co., Ltd.—

10- 1
10- 1

V- 1

4y2%

1

9-

Co.

Ltd.

75c

6%

50c
50c

t2^c

9-30

$1.25

Co., common (quar,)__
preferred (quar.)__

Paper

10-

General

$1.75
31c
7%c

$1.25

9-15
9-»

$1.25

preferred (quar.)
preferred
(quar.)

$1.50

preferred (quar.)____.

General

10- 1
10- 1

_

4y*%
Hanna

_.

Supply

General

683/4C
62%c

(quar.)—

(quar.)

preferred

6

:

pfd.

common

Co.,

Co.

9-19

11-15

1

1

H2y2c

9-16

15c

(quar.)

series

preferred

$4.25

9-30

12-1

9-

(quar.)
(quar.)___

Co.,

(quar.)

Goebel

9- 1

8-20

1010-

$1.10

(quar.)

common

Cementing Co.

Co.;

Watch

1

Manufacturing Co.—
participating preferred (quar.)

$3

Globe-Union,

9-16

1

9-15

Printing

Bridge

convertible

4%

General American Transportation Corp.—

9- 1
9-19

9-15

9-

F.)

Hamilton

Gemmer

8-21
9-30

9-30

8-30

9-15

(W.

10-

(quar.)

'

9-20
8-15

5c

10-17

$1.25

Extra

8-30

14c

preferred (quar.)
5y2% preferred (quar.)

10- 1
9-15

25c
$1.25

•

Hamilton

8-30

■>

5%

25c
40c

12- 2
9- 2
9- 2

918

1

35c

Co.,

Halliburton Oil Well

5

Hammermill

■

9-20

9-19
9-19

Hall

6

9-

8iy,c

(quar.)
Co.

Power

1

9-

9-15

.

Corporation

Extra

Gatineau

9-

9-20

9-15

Inc

preferred

Packing

Garrett

10- 1

-*•

1

9-20

J25c

9-13

t$1.18

& Co., Inc.,

Class

-

9

$1,25

(quar.)

(quar.)

9-15

9-15

.(quar.)
Company (quar.)

Company,

4%%

15c
25c

(Calif.)

Corp.

preferred

Pie

-

9- 9

11-

Quarterly

11-20

37 Vac

1st pfd.

Co.

(Julius)

20c

—-—

—

Esmond Mills,

10- 1
10-10
-10-1
9-30

50c
$2.75
$1.50

(Seattle)-—

8-23
9-10
9-16
9-16
9-27
9-20
9-16

9-15

10- 1
9-30

30c
75c

Company,

Eskimo

9-20

$1.12%

Corp.

Elgin National

Erie

' 8-31

.

Consolidated
»

Products

Electrical

Garfinkel

1

5c

(irreg.)_.

A.)

(Robert)

preferred

10c

(quar.)

Investors,

25c

Quarterly

7%

9-12

10- 1

(quar.)

Controller & Mfg. Co, (irreg.)
Electric Ferries, 6% prior preferred (quar.)
Electrical

Co.

(George

12-

15c

:

Electric

20c

30c

$1.06 %

Auto-Lite
Boat

9-15

Utilities

States

$4.40

2

ti2 y2c

Gisholt

(Texas)—

(increased quar.)
preferred (quar.)
Natural Gas, common

Electric

5%

8-16
9- 5
9- 2

(quar.)_

(quar.)

Common

$4.50

9-15
9-15
9-15

Works

Oil

Dorado

El

—-

9-15
9-15

35c

Inc.,

Stores,

Bros.

4% %

—

9-30
9-30
10- 1

125c
$3
$1,62%

(irreg.)—

Paper Corp.

/v--.-

25c
25c
1$1

—

(quar.)

Paper Co., Ltd.,

Eddy

5V2%

9- 2

$1.50

Washing Machine Corp.—
A
(irreg.)__
*
B
(irreg.)
Economic Investment Trust, Ltd.

Elliott

10-1

$1.75

Class

Electric

9- 1
12- 1
10-14
9-15

—

Class

El

9-15
12-15
11- 1
10- 1

(quar.)

common

Easy

Edison

Refining

Gair

8-23

(accum.)__

(accum.)

B

Kodak

preferred

6%

Power

Fundamental

8-22

$1.50
$1.50
$1.50
$1,50

6%

Gulf

8-19

62y2c

;

(quar.)

preferred

Builders

9-15
9-15

8-22

12-

$1

(s-a)

preferred

General

Massachusetts Railway—

6%

Eastman

prior

9- 1
9- 1
11-15
10- 1
10- 1

9-15

1

30c

(quar.)___

Co., class A pfd. (quar.)_
Corp., common
i

9-15

10- 1
10- 1

6

$1.50

Kleiser

&

Frontier

10-10
10-10

20c

—

9-

10-10

9-

9-30

10-

(quar.)

25c

Gas

Box

9-14

,

&

Baking

10-25
10-25

9-15

Frankfort Kentucky Natural Gas (quar.)___
Fraser Cos.,
Ltd., common (quar.)

9-15
8-15
8-15

9-15

6

Company

Oil

General

<*'
$1.12%
$1.50

Inc.

Associates—

preferred (quar.)
preferred (accum.)
prior

Eastern

6%

9-13
* 9- 1
10- 1
9-15
10- 1
9-15
9-30 >
9-20

10-17
9-15

9-

Co.

Gypsum Lime & Alabastine of Canada,

Machinery & Chemical Corp.—^
convertible preferred (quar.)__

General

65c

—

(quar.)
(quar.)

&

Plastics

Eastern Gas

9-15

9-15

Gulf, Mobile & Ohio RR., $5 pfd. (quar.)__
$5 preferred (quar.)
$5 preferred (quar.)
$5 preferred (quar.)
Gulf Power Co., $6 preferred (quar.)_

.

Foster-Wheeler

10- 1
8-27
9-21
9- 1
9- 1

9-15

9

$2,50

(quar.)

Frontier

87 %c
$1.12,/2

(initial)

preferred
preferred

,

9-

Co

preferred

Foster

10- 1
10- 1
9- 1.
9-2

10- 1
10- 1>-

9-19

Stores,

Foreign Light & Power, 6%

8-23
9-10
9-10
9- 1
9- 9
9-30
9-30
9-15
9-27
9-27
9-30
8-15

10-15

,

Guantanamo Sugar Co., $5 preferred

10-

9-10

9-30

25c

Gruen Watch

1-3-50

3

37'/2c

1

$1

9-10

10-

25c
$1.06 Vi

;

6

75c

9-2»

10- 3

45c

(quar.)

9-

30c

1

Brewery Co.—
(increased)

9-

(irreg.)

9 20

10-

$1.75

(quar.)__

9-21

Inc.__

common

1

30c

30c

Baltimore, cl. A_

R-23

10-

—

__

preferred
Corporation

Grinnell

9-15

9-21

(reduced)

common

convertible

1

9-30

Western

Common

9-

130c

7

i$5

(Winnipeg)

9-15

(s-a)

Stove

Foothills

1

11- lv.
11- 1
10- 1
10- 1
10-15
10- 1 ,
10- 1
12- 1
10-15
10-15

—__—c

at

Stores,

Corp.,

Foote-Burt

V-v-

Ltd.—

Co.,

(quar.)

common

$3.50

V

9-15

9-15

;

Griesedieck

1

9-15

9-30

130c
Co.

120c

Ltd

3%%

■'-'V'-

10-15

125c
Voting trust certificates (quar.)—
125c
$1 preferred
(quar.)_.
125c
Dominion Textile, Ltd., common (quar.)
115c
7%
(quar.)_—_______—___i_
t$1.75
preferred
Donnacona Paper Co., Ltd.—150c
41/2 %
convertible preferred
(quar.)
1 $1.12 %
Dover
Industries
(quar.)
115c
Dow Chemical Co., common—
40c
$3.25 2nd preferred (quar.)____——_
8IV4C
$4
preferred A (quar.)——_______
$1
Draper Corporation
*—________—
• '
$1
Dravo Corporation, 4%
preference (quar.)_
50c
Drerser Industries, Inc., com, (quar4-^-~—
50c
3%% preferred (quar.)
—_——_
93%c
Driver-ftarris Co.___._;—_________—______
50c
Duke Power Company, common
75c
7%
preferred (quar.)
_____—$1.75
Dun & Bradstreet, 4%% pfd. (quar.)—_—_.''$1.12%
Duquesne Light Co., 5% 1st pfd. (quar.)—
$1.25
Duquesne Natural Gas Co., $4 conv. pfd
40c
$5 convertible preferred
___
50c
du Pont (E. I.) de Nemours & Co.—
Common

Food

.

Ltd.
Dixie Cup Co., common (quar.)
$2.50 class A (quar.)
Corp.-Seagrams,

9-27

10-

9-

9-30

.

10c

Canada,

Corp., common (quar.)
Fair Stores, common-(quar.)

Fuller

held)

shares

Distillers

•^'9-

1

5%

Power

43A %
10-17

9-

Co.—

Extra

8-31

20%

9-15

62 V2C

America

preferred

$2.50

8-29

9-15

Co.,

2

8-19

9-15

125c
t62'/2c

Ltd

Co.,

Corporation, common
preferred
(quar.)

9-

9-15

15c

Greyhound

9-20

$1.50

-

Felt

Great Western Sugar Co.,
7%
preferred (quar.)

9

9-20

1

West

Quarterly

25c

(quar.)

Shoe Stores

of

National

Florida

8-15

5c

(quar.)

Corp.

Products Co., Inc. (irreg.)
Ltd.—
American deposit receipts ordinary (final)
Stock dividend
(One share for each two

Dictograph

10-

0-2&

Co.—

Great

6

$1

Company

Railway
preferred

Great West Life Assurance

9-

3

$1

Northern

9-

9-30

7

10-

Works

9-15

1

9-23

40c

Co

Ltd.,
6%
1st preferred
(quar.)
Flintkote Co., $4 preferred

9-12

♦

Great

9

—

$2.50

Fitzsimmons

2-6-50

9-27

9-15

10-

Y.)

'/

9-

20c

(N.

-

1

"

9- 1

9-10

9-

9-30

(quar.)

(quar.)

of

York

$2

11-10
9- 1
9- 6
v

25c

__

&

First

Food

15c

(quar.)

Co.

Car

Works

First

9-15

2-1-50

9-24

25c

Indemnity Co.

9-18

10-

10c

Non-cum

B

Florence

50c

(quar.)

Motor

Stores

75c

______—

J.

& Smelting

Curme

Co.

Class

9

125c

37^0

$2.50

10-1

93%c

Co., Ltd., commmon
Class A preferred (quar.)
Class B preference (quar.)

Co.—

.

(N.

25c

(quar.)__

Paper

9-15

Products

Finance

9-15

j•••;■

(s-a)

participating

Engineering

Lakes

*•

11-2&

9-26

Quarterly

1

preferred

9- 2

•

Lakes

Great

10-

J.)

&

9-10
9-10

11-15
9-15
9-15

Great

9-13

Fiduciary Trust Co. (N. Y.) (quar.)
Field
(Marshall)
(see Marshall Field)

9- 1
9-10

9-15

50c
lc
50c

(quar.)———-———

Corp.

Dewey & Almy

25c

pfd. (quar.)—(quar.)

5%

Stove,

Detroit-Michigan

$1
25c
12 Vic

(reduced)
Corp. (quar.)___
I—

(Kansas)

Co.

Detroit

6%

92Vic
$1.07

Western RR. Co.

& Rio Grande

Denver

Derby

pfd. (quar.)—

9-13

1

Ferry Cap & Set Screw

8-29

9-15
9-30
9-30
9-30
9-15
9-27
9-30

(s-a)__—$5
$1

Co.

4%

preferred
(quar.)—
preferred (initial quar.)

3.70%

9-20

9-10

1

10-

15c

Screw

9-16
9-15
9-15
9-20
9-16
9- 9
9-15
9- 2

$1

1

10-

50c

Federal

10- 1
10- 5
10- 5
10- 1
9-30
9-23
10- 1
9-15

.

10-

30c

Co

Mining

(J.

Insurance

8-28

12-15

ioc

Corp

56yiC

American

Holderm

9-15

J25c

Varnish

T.) Company, common
preferred (quar.)
Drug Stores Co. (quar.)

Great

When

Payable of Rec.

125c

(quar.)

9-29

(quar.)

Co.

A

Rapids
(W.

Gray

Shops, Inc._

Federal

5%

3

1

Share

(quar.)__

3%%

10-15

Insurance

Felin

9-

10-

Per

Company

Company, Ltd., class A

$0 185625

Co.

Rubber

Feltman

3

1

Federal

9- 2

Grant

9-

U-

Bake

9-15
9-15
9- 9

8-26

9-15

Class

50c

Faultless

9-15

9-12

&

10-14

(quar.)

common

Inc.,

Federal

9-30
9-30
9-30

Grand

100%

dividend)

(stock

Life

9-

8-31

$2.50

Y., (quarterly)

N.

Park,

$1.25
87 Vic
$1
50c
12 %c
50c
15c
25c

Inc. (quar.)
Delaware Fund, Inc.
(quar.)_
Delaware & Hudson Co. (guar.)

-

Fashion

37 %c

(quar.)

Corp.

Malleable Iron, 5% pfd. (quar.)—
Dayton & Michigan RR. Co., common (s-a)_
8%
preferred (quar.)—
De Long Hook & Eye Co.
(quar.)
Decca Records, Inc.
(quar.)—
—

Dayton

Dejay

Syracuse,.

125c

(quar.)

Traders

9-14

9-15

$5

common

(quar.)

Farrel-Birmingham

50c

class A

Inc.,

preferred (quar.)
Famous Players Canadian Corp., Ltd.—
Quarterly _ii
•
Fanny Farmer Candy Shops, Inc. (quar.)

9-16

9-18
9-12
9-24

t25c
Chemical

preferred

&

2

25c

% %

Farmers

Grafton

25c

Brewing Corp.

9- 1
9- 7
8-26
9-10

10- 1
9-18

30c
25c

Extra
Davison

4

9-12

1

30c

(quar.)
Inc

Railway Motors,
preferred (s-a)

4%%

10-

„

Name of

Payable of Rec.

65c

;_

Products,
(The)

Family Finance Corp.,

9-15

Stores

Fisher

&

&

9- 5
9-20
10- 5

.

9-15
9-16

Corp

Cigar

G.

9-16
11- 5

9-27

T

W.

12-19

10- 1
11-15
9-15
9-30
10-20
10- 1
10- 1

$4 prior preferred (quar.)
Curtiss-Wright Corp.," common (quar.)
$2 non-cum. class A. (quar.)
Cutler-Hammer,
Inc.
(quar.)
D.

1-3-50

25c

*

preferred

4%%

9-30

9-16
9-16

$1.12%

----

Curlee

(quar.)

Fairmont

9-30

Share

^

Corporation

Fabricon
Fair

Irregular

Company

Company

10- 1

$1.25
$2
$1.75
$1.25
25c
$1.25
10c
25c
$1.12%
25c

(quar.)
Crum & Porster, 8%
preferred (quar.)
7 %
preferred (quar.)
Cuban-American Sugar Co., com.
(irreg.)—
convertible preferred

Cuban

Exolon

9-15

40c

Corp., common
Crucible Steel Co. of America—
5%

8-23*

50c

(quar.)

Zellerbach

Crown

Name of

Payable of Rec.

4T

10-15

9-15

30c

12-31

10-31

$1

__.

com.
(quar.)_
Canada, Ltd—_

common

137V2c

(quar.).

9-15

9- 1

35c
t40c

10-15
9-20

9-15
8-22

$1

9-29

9- 2

$1

8-29

9- 2

''

Name

?

of Company

J

International

Salt

Shoe

75c

Co

f

Company,

pfd.

7%

'Interstate

i

10-

1

(quar.)„_

common

9-14

Intcrtype Corp.

Loew's,

Inc.

9-15

Loew's

(Marcus)

10-15

50c

_

10-

1

9-10*

9-15

9-

1

*

f

2c

9-30

9-15

Iowa

.

-;6%
"7%

*

7

Iowa

Power & Light Co.,

,J

Iowa

Public

Fireman

Iron
*

Ironrite

1
1

9-15

10-

1

,9-15

82 Vic

10-

1

'9-15

t

preferred A (quar.)
1st preferred (quar.)—
Jamaica Public Service Co., Ltd.,

<*

Jewel

5%

7%

preferred

$5
"

Jefferson

Jones

£

r Kansas

4%

Laughlin Steel Corp.,

City Southern Ry.,

preferred

Kansas

r

$6

Gas

com.

*

9-29

4%%

:

1

.

9-30

1

10-

1

10-

1-

10-

1

9-10

10-

1

9-15

.

I
(

Kelley

;*

& Trecker

Kearney
Kelling

tj,;'Class B (quar.).i
Kelvinator
•

of

Ltd.

:

Kerite

;

Company

Kerr-Addison

Key

r

Mines,

—

Series "B-4".
Series "S-l"—.—
Keystone Steel & Wire „(quar.).

2
2

9-15

8-^5

;

Mead

9*

9-15

$1.50
.

preierred

$1.50

-

preferred

10-

9-12

10-

2%c

4

25c

4

9-

2

9-15

8-30
9-

—

Metal

9

9-26

Co.,

9-

9-

1

$1

10-15

10-

3

25c

Ltd.,

Corp., 7%
Brick
(quar.)

1

;

t__u

37%C

•

10-

1

Meyer-Slanke

9-21

37%C

1-2-50

4-1-50

Michaels

12-22

37 %c.

(quar.)

!:3-22

Co.

Stern

Mlckelberry's

(quar.)

&

Co.,

(quar.).—

10c

J

Koppers

i

50c

10-

1

9-12

$1

10-

1

9-12

Mld-Contlnental

9-12

8-23

Mid-West

25c
......

_—...

Company, common—..
preferred (quar.)—

'i4%
Kresge- (S.-S.)

t

$

Kroehler

»

,

,

Company

Mfg.

— —__

(quar.)..

; 4% %"■ preferred

A

preferred

(quar.)
(quar.)

A

Labatt

t

Laclede

Lake

*;

Steel

Shore

.L,

$2.50

preferred

30c

Lamston
*

(M. H.), Inc., $6
Co/ (quar.)..

*

.

-

$2.50

Lehigh

1

9-15

Midland

10-

3

9-16

Miller

9-30

9-14

*

9-15

10.:

62 %c

...

(s-a)^

11-

V

'

*

10-

62 %c

10-

1

1

1 $2

9-22

12 %c

9-14

V
"

9—

5c

Modern

1

•

,7%

.

preferred

(quar.)...

:

Lima-flamilton
Lincoln

r

35c

MO-

1

10-

1

Life

(N.

-

Little Miami RR/ Co —"
Original -capital
Original capital,
J

' Special ^guaranteed

"

Special guaranteed

(quar.)
(quar.)




10-

2

1

'

8-25

]

1

r- I8%c

;■

10-

1

.Extrp

1

9-15

Molybdenum Corp. of America

9-20

$1.75'
k

(quar.)

v

50c
•30c

"

10"

87%c

1

9-15

vll-. 1

,37%c
37»/2c

1

9-15

;

15c

;
'

10-

.

,

"

99-

9
1

(Ma^s.)
t?

Monroe
'

5%

9-15
9r

1

10-24

9-12

8-31

9-12

8-31

$3.25

Moore

$1 10
50c

50c

12-10

11-24

3-10-50

2-21

12-10

11-24

3-10-50

2-21

<4%

Co.,

0-

2

I.

9-15

1,

1

r, ■

^

"Telegraph

Corp., Ltd.,

pfd

Co.___:

(quar.)

7%

preferred

A

B

<quar.)

4%%

Drop Forging
conv.

Co.,

preferred

9-

1

common

(quar.)

(quar.)

9-21

10-

1

1

t,

1

$25c

10-

1

•

t$i.75
.

.

15c

593/4C

\ 93%C

-

10-; 1

$1.06%

*

1

9-15

9- 9
9- 9
"

9-15

*

8-26

9-16
8-30
1

9-15

9-

0-30

9-12

9-30

9-20

'

,40c25c
t$l

9-15

10-*1
-9-30

-,$40c

r

9-15

8-15

;75c

9-15

9-

1

tlOc

9-30

9-

2

(quar.)
-

: :

-

.

50c

10-

1

9-21

10-

1

9-

11-

(quar.)„___

1

9

10-3

Corp.—
$1.37%

9-20

8-31

.15c

10-15

'9-26

(quar.)
,

Service

8-31

\ 9-20

$1.50

';

Co.

/

10-

40c
30c

1

9-15

Co.,

com—

-

9-

9-30

9-15

60c

9-12

8-

1

9-26

9-

2

50c

9-20

9-

6

9-20

9-

6

j

(quar.)—

(s-a)_

9-20

22 %c
45c

preference

r—

*

**

common
'

$1.50

3

10-

1

93 %C

Portland

10-

1

50c

-—_

10-

1

9-21

Cement—
—

Co., (quar.)
(quar.)

common

10-

10-

1

9-

l

,

.

class A_,

5C
t25c

,

9-21

9-15

20C

,

Co.,

•

1

9-15
>

8-25
9-

8

,9-24

9-

8

10c

9-15

9-

50c

9-15

9-

1

/50c

9-30

9-

9

-$1.10

10-1

$1.25

(quar,)___

common

:

(quar.)

.

Tube

■'
;
-

v>

3.90%" pfd.

Service,

Seamless

;

(quar.)_

Co.___

Line

Life

1 6%

9

24

>

t

preferred

Ontario

.

Loan

9-20

10-

8-31
9-15

1
J

9-15

9-

2

9-30

.

9-

9

*

20c

_

-..f

■

Co.

(quar.)

Ontario Steel Products Co., Ltd., common
7% preferred (quar.)

-9-26

'0-30

V 9-

9

9-30

,* 9-

9

;9-15

9-

1

t37%c

(quar.)

„$1
:.ioc
f31%c

A

(quar.)

Debenture

9-15

$1.50

preferred

.

&

-

1

America—

(quar.)____—
Oneida, .Ltd., common "(quar.)
;

25c

37%c

.

of

-_=r-~—^

4%

common

preferred

Co.

(quar.) ___„__^_____^__X
Ontario Beauty Supply Co., Ltd.—
Participating convertible preferred (quar.)

r

;

Insurance

'

J>7%C
j|50c

/

;

9-15
;

Oregon-American

8-31

9-15

9-

1

t25c

*; t$i.25
i50c,
*: t$i.75

Oswego Falls Corp;, 4%%pfdr (quar.)n:

8-31

Otis

Elevator

8-31

10•

;(quar.)

9-30

10-

2

10-

9-16
9-20

9-20

1

9-15

11-15

10-14

11-15

10-14

"

10-15

10-

11-10

Public

6%

?.

9-15

12-

$50c

t$1.75

*

10-

i,

Co.,

Omarh~ Inc.,

9-15

1

$75c

"

(quar.)

preferred

10-

'

(quar.)

,7%
Moore

1

-

-

common

10- 1
10-1

50c

—

Co

a Quarterly
Olin Industries,

6

...

$1.62%

preferred

iredeemabie

'

87%c

'
.,

2

1

;

>

K

Ohio Edison Co., common...
« 4.40%
preferred
(quar.)_—
Ohio Match Co._l

Old

6

9-

.

9-15

62%c

fnuar.l-

(s-a)-

.

....

.

.

,#>Ohio Water Service Co." (quar.)
,

9-

9-27

10-

Oil

Preferred

,

9-15

CO.—

$3.50

A

9-

10-

$1.25

,

Co.,

pref,

2

*

Ohio

9-27

12%c "

r

9-

;

(quar.)_

Gas

States

Confection

Ohio

Co.

;u_,

6<

9-15

93 %c

;
V.

(quar.) /——

Brass

9-15

10-

$1.25

Chemical

conv.

'Montreal

(.qqar.)_!—.,
Springfield

99-

«

£
—.

Ltd

Public

preferred

Ohio

9-20

9-30

{25c

!(s-a)

Auto Equipment
preferred V (quar,)

Monsanto

*

$1.10

Insurance

Monroe Chemical

8-31

9-12

Life

3
3

shares of North Amer¬

Mills,

Paper

Ohio

*

11-15

40c

/v7 't25C

■

7

fa*

10-

$1.50 '

.

$1,12%

Inc.____

Co.

Ogilvie Flour Mills. Ltd.,

j,

1
3

9-12

j62%c

V——i

9-

25c

Co.

Liberties

7preferred

Oceanic

12-15
10-

"25c

—

1

9-

.* 10-

^

6

9-15

1

10-

-

$1.18%

9r19
3-

9-16

10-

'

8-26

9-15

;

$25c

(quar.)

1

9-16

t'SOc
;

i

8-26

10-

15c

$25c

pfd."(quar.)

10-

56 %c

9-

9-30

v

$1

20c

Corp.—

Quarterly
Oak Manufacturing

9-12

;• $$1

Co

40c

75c
.

Refractories

Gas

Northwestern

,

9-15

25c

(quar.)

/,•>

(accum.)-

Indiana

6%

1

9-23

40c

A

,10- 1

—

(quar.)

(accum.)

convertible

3%%

9-20
9-

9-15

15c

Jl%c

preferred

Northern

9-20

2

9-15

$1
,

,50c
*•

Novthland Greyhound Lines—

\,70c

;

9-16

»".9- 9

Northern Natural Gas Co.--

v.

4

preferred

4%%

~

Y.).

,7% prio^ preferred (quar.)

,

9-

8-31

;

7

(quar.)_

Investment

Northern

9-14

9-15

25r

,

Corp.

class

1

V

9-30
9-30

held)—

common

Northern

,

(quar.)

Ltd..

Hosiery Co., 5%
Molson'S Brewery, Ltd.

9-20

'50c

Insurance

Rubber

9-16

10-

25c
.

-__t.

Mojud

9-20

35c

..

.

——i

Lincoln ,Servlce Corp., common (quar.)
-8% i>articipdting preferred
(quar.)

_
"

^

National

;j._—

(Robert)V Ltd.__„_____—

Mohawk

1

9-16

1

,r

25c

Ltd

Co.,

9-16

1

9-15

'$1

Co;

American

5%%

r

—

Containers.

Monarch

(quar.)

Gorp,

7 "Lincoln Building Corp.

:

2

8-20
9-

Lily-Tulip Cup Corp.

/

-

1

10-

9

9-15

liquidating dividend
(One
share
West
Kentucky
Coal
Co.
common

North

9

10-

4

9-

10- 1

,

4

11-

25c

20c

;
.,

,

——

preferred

American

Shore

'

Modine-Manufacturing Co.„(quar.)

Liggett & Myers Tobacco Co.—

f

t

9-

9-15

/

t.

1

0-15

9-15

Corp."

convertible

ican

2

10-

11•

Partial

North

^

Service,

S.)

a.

Mitchell

8-30

40c

Co

(auar.)

(^.

Extra

9410

12 %c

,

1

(quar.)__:

Brewing

Public

Mitchell

9-10

19-

B

Missouri.

9

■

9-

10-

17 %C

9-19

9-26

(quar.)__

Car

American

37 %c

preferred

Appliance

Class

•9-10

■

——

</

Glass, '4% ' preferred
(ouar.)__
Missouri Kansas Pipe Line, common (quar.)

■

a—

Fink products Corp

Refineries, Inc
j
Leslie Salt Co, (quar.
^rLibertjf Fabrics of N. Y., Inc. (quar.)..
Liberty Loan Corp., class A
Class B —
'75c convertible* preferred
(quar.)

1

9-24

$2

North

,

North

(quar.)

;

Mississippi

8-31

MO-

prior

Mission

* 8-25

9-15

25c
•

(quar.)

9-15

25c

pfd.

conv,

Mining & Mfg."Co,—
Common
(increased)
$4 preferred (quar.)

.

8-24

$1

|25c
,

(quar.)

preferred
(quar,)
& Wilkes-Barre Corp,

9-15

10-31

2

9-12

1

35C

'

Corp.,

American

8-31

$2"

Minnesota

9-21

North

9-15

37%c

(quar.)

Minneapolis

6

10c

•

Corp., $1
Hart. Inc.

8-17

1
1

$1

8-15

/

37%c

10-

(quar.)_

Co.

15c

Ry.

Mining

8-15

.27%c

11-15

Co.

Ltd.

Southern

Normetal

9-15

(quar.)

Oil

&

Common

9-

1

9-15
10-

$3

>

(John A.) & Sons, Ltd, .(quar.).
Portland Cement Co. (quar.)

£ Lehn &
Leonard

10-

Mines,

Norfolk

9-

non-cum.

5c

40c

common

8

preferred! (quar.)

75c

(quar.)

9-15
9-19

11-15

47 %c

..

—

(J. J.) Company
Mining Corp,Electric Corp.,

9-10

v

(guar.)

53'/8C

•

Inc., common

(quar.)

stock for each 10
1

8-31
"

Telegraph

&

Public Service,

preferred

Noranda

C

6%

preferred

Telephone

Niles-Bement-Pond

.

10-

9-13

———'—

(quar.)

Noblitt-Sparks Industries,
Nopco Chemical Co

Refineries, Inc.—

preferred

Orleans

3% %

•

9-24

30c

Lawrence

Leath A Company,

$2

2

England

10c

9-

■•*120

Lanett Bleachery & Dye Works
Lang & Company
Lang

,„V

9-30

Lane-Wells

f

8%

9-

9-

9-13

9-15

:

common

Insurance

Fire

Corporation

of

9-14

...

preferred

.

Union

f.;

8-18

plus

(Pa.)

f,

11-17

20c

Use

,

...

^

9-15

9-12

11-30

8-31

9-23

10-15

$1.25

Newport Industries,preferred (quar.)_
Niagara Wire Weaving Co., Ltd. (quar.)

t

i

6

'9-12

^ *
Corp.

9-

50c.'

1

redemp-,/

share

per

1

15c

60c

Petroleum

convertible

t25c

Ltd——

(quar,)....

$45

10-

9-15

9-15

$60c

.

6

$1.12%

common

(called for

at

1

9-

$1.083/4

(quar.)_

'

9-20

1

9-29

1

>

9-10

1

10-

9-15

$ 37 % c

(quar.)__—*

New York State Electric & Gas—
;$4.50 preferred (quar.)
3.75%
preferred (quaif.)--^--

I

9

10-

"; 15c
..

.

;

common

Oct.=

on

/

*9-20

,9-30

preferred__—50c
Midwest Rubber Reclaiming—
4 % %
preferred
(quar.)
56 %c

...

Ltd..

Mines,

12-21

1

9-15

50c

Mines,

15c

9-

,

97%c.,'

Middle South utilities, Inc. (initial)—
Midland Steel Products," common
(quar.)_

9-21

12-28

5c

(quar.)

Lamson & Sessions Co.,

t

3

10-

$1.50

Co

Lamaque Gold
r

9-

0-27

$1.12%

(John), Ltd.—..

Laclede Gas Light Co.

*

$1.12%

Jst preferred (quar.).
Electric Co. (quar.)...—.—
La France Industries, common
] 4%
convertible preferred
(quar.).

;

9-14

preferred

conv.

tlon

/

8

$1.50

Kuhlman

,

9-

Co.,

4' Kroger Company, 6%
I

9-16

50c

$2.40

8-29

<9-12

50c

,

t

9-16

9-20

9-30

30c

this dividend)
Micromatic Hone Corp.'.^.

?

•

#

;

^

1_~

preferred

Products

Food

I

{

;

10c
$1.75

9-15

•

*

1

Newport

10-

62%c

(accum.)

A

Ltd.

New York, Chicago; & St. Louis RR. Co.—
6%
preferred A
(accum.

; '

9-10

,

9-15

.

Ltd.—

New York Auction Co. .(quar.)

7.

9-10

(quar.)„

1

1

10-

{

1

10-

10-

10-

f

1

9

10-14

1

,10- 1

25c

(quair.)______—_—

New

8-31

10-

11-

10-

9-12

10-

,

pfd.

Building (quar.) ___________
Edison, 3.90% pfd. (quar.)
preferred ^(quar.) __—

$1.50 preferred (quar.)
Klelnert's (I. B.) Rubber Co
Knott Corporation
Knudsen Creamery Co. of Calif,

v

$1.50

40c

9-12

V
;

9

$50c

—

(quar.)._

Corp.

9-

2

8-26

.50C

Newberry
Newmont

£$1.12V2

common—————

(quar.)_/_—

Thermit

4.35%

.

9-28

2

-

9-10

,,9-28

2

9-

9-15

: "

:

>9-12

$3

*

912-

9-

15c

(quar.).

pfd.

4

1

9-30 «

i

1

9-30

$1.25

t

9-12

75c

10-

$1,12%

if;•:4% %

9-12

1

10-

$1
25c

—

20c

Co——

11-

1

10-

10-1

1-1-50

$1.12%

}

10-

%c,

,9-16

25c

(quar.)__

com.

New Jersey Power & Light 4%

8-25

11-15

30c

Metropolitan

v'

7

—

i

9-15

'

9-15

10-

r

$1.75

(quar.)

9-15

1

9-15

87 %c

Metropolitan
1

1

10-

50c

$15c

'

Fire Insurance
New Haven Gas Light (quar.)

r

.>

—

Forming

10-

10-

<

5c

37

5
5

(quar.)

New Hampshire

9-

Inc., common (quar.)
Corp.
(N.
Y.)

1212-

25C

preferred

New

9-15

Corp

Metropolitan

9-9

9-15

i

9-15

15c

10-19

12-15
12-15

'?/

•

Neisnet Brothers. Inc. tquan)
Nekoosa-Edwards :Paper .(quar,)--

X

25c

(quar.)

Co..

Car,

9-20

60c

(quar.)

common

10-29

.

$2.50

(quar.)_

Z-} 4% %

8-31
'

3

"

9-16

1

9-13

Assurance

Machine

Metal

9-26

10-

9-30'

——

Oil

Mesta

•

$1.50

_

Co.

&

Mersey Paper Co;,
4%%
preferred

,

,

1

9-

"9-17

1

(quar.)_————_
National Tea Co., 4%% preferred (quar.)
13.8% preferred : (quar.)
j-___

.**:

1

35c

——L~i~7———

Extra

•9-15

9-30

/

9-

9-15

87c

&

Messer

9-15

10-

.

6

12-

'9-15
10-

$1.50

Corp.
National Sugar Refining Co.,-,

6

9-

n

Inc.,

Company, common (quar.)—
preferred (quar.)
$4 conv. 2nd preferred (quar.)—
Meredith Publishing Co. (guar.)
Mergenthaler Lintoype Co, (quar.)—

9-12

10-

:

1

9-

25c

$3.50

9-12

'

,—-----

Sewer Pipe Co.,
convertible class

$2.40

?

,

t
1 : i

(quar,),_„

Johnson

Merck

9-15

10-

—

(quar.)

preferred

34

Extra

8-31

10-

-

9-

'

25c

>

8-31

350

npn-cum.

,

Robbins,

<8-31

.

National

—

&

9-15

5c

;•

Supply Co.

9-15

...

(quar.)——

preferred (quar.)—
Kirsch Company—;
i
$6

National

9-15
9-30

9-31

25c

;

Steel

Fire

20c

Oil—.

Kinney Manufacturing Co.—

National

Stores

...—

.

1

25c.

t /Kingspdrt Press, Inc, (quar.). pfd. (quar.)
Kings County Lighting Co,, 4%

.

8-20

Merchants

50c

f

9-15

Mercantile

preferred (quar.)—-v $1.12%
$1
2nd preferred (quar.)—
25c
fj Klng-Seeley Corp., 5% conv.^pfd. (quar.)__

Coastal

pref. (s-a)a__—^
$62%c
Corp.—. 10c

9-23

4% %

(G.f R.), Inc.

Steel

:9-10

,*.4%

Kinney

National

9-30

9-30

9-15

Ltd.

Machinery Co.

$25c

1

25c

Rubber

Standard

50c
$1.75

10-15

$1

(quar.)—
(quar.)

8-20

Special,

.

/

—

preferred (quar.)_,____—

National

v;

redeemable

9

Co.

Co., com.

9-15

Quarterly

,

5%

,

9-20

10-

Lead

National

;i

9

9-

tl5c

8-31

(quar.J-——

9

9-

1

t

9-15

Ltd, common

9-

1

10-

50c

(quar.)
(quar.)

1

30c

—

4

10-14

30c

(quar.)

9-26

25c.. 'J 9-24

—

10-

9-12

10-

(quar.)—

Co

12c

conv,

McKesson

94
9-

8-31

Kidde j(Walter) &• Company
(quar.)
Kimberly-Clark Corp., common (quar.).....

Kinney

5

9-16

9-15

_—

.

,

/

5

9-

10-

-.

_

7

9-15

9-22

$44c

National Linen Service Corp.,
4%%
preferred (quar.)

;

Nehi

9-30

$1-50

,

9-26

9-16

97

1

Conn,

preferred A
preferred B

9-30

,

„

&

54c

Keystone Custodian Funds—

f

ir.,

9-16
9-15

Sons

&

Field

National

50c

9-28

,

prior pfd, '(quar.)—

r

g

1

9-30

preferred

9-

1

$30c

National

50c

(interim)

Ltd,

(resumed)____..

Corp. 6%

1

10-

rcoirmon—-______-—-3, i

9-15

9-28
10-

$50c

9-20

9-15*

tl5c

.......

,

Gold

Company

| ,Keyes Fibre

(quar.)——

A

10-

50c
•

Co., com.

A

Class

6%

20c

,

Utilities

Kentucky

Class

9-26

$1,

4.

9-27

40c

'

.
—

(quar.)^

common

quar.)

tlypsum

1

,

9-15

25c

7

.

—

Co

Hosiery Mills,

9-20

10-15

11-23

9-28

15C

.

Class A (quar.)__i
Welding Machine Co.—

National

it

9-20

10-15

8-23

12-12

35c

Insurance

Fire

Hartford,

-:

,

12-10

10-

9-30

25c

jt Kennecott Copper Corp. i(quar.)____

I

«

9-10

,

9-12

12C

Electric

National

'

Corp,

8-23

2C

$1.50

-

„——

9-30

9-12

20c

75c

National Erie Corp., 5% 1st pfd, ls-a)_.
l; V<3% non-cum. 2nd preferred, (s-a)—

9-30

9-20

$1.12%

Kendall Company, $4.50 preferred (quar.)..

i

National

9-20

1

9-20

$20c

,

9-30

10-15

0-15

12-20

$17%c

(quar.)_

12-15

10-15

12c

Co. .(Detroit)

(increased

preferred

?$4

;

62%c

9-20
10-

'..".'■'Common

'9-8

10-

?ci

V

12-28

4c

(quar.)_,

..

National

—

9-15

r

l%c
J

,

$2.50 preferred (quar.)
•McCrory Stores Corp., common; (quar.)
$3.50 convertible preferred (quar.)———McGraw Hill Publishing Co., Inc._—„
McKay Machine Co.^
——

9-16

,v

1

.

60c

d$1.25

(quar.)__

1

9-28

—

(quar,)

Casualty

1

9-

37 %c

City Lines—

6*

0-

9

9-12

'.!

Co., Inc.,..(Md.)
Inc. (Del.)
(Irreg.)

Ltd.,
(quar.)

National

i

9-15

,

9-22

25c

$1.50

preferred
National Cash Register

43%c

1

,

Co.

National

9-15

10-

$$3

.

jf

•/

.

9-30
9-15

9,-20
9-

$1.50

Breweries,

7

9-

9-15

1

25C

Biscuit

McCord Corporation,

10-

175c

—

7%

9-16

175c

;

25c

25c

Mathieson

9-20

1

:_

40c
,,

10-

9-30

Corp.

Securities

7%

9-20

;

10-

(increased)

,—___________

9-

,

8-13

1

•

Chemical Corp., common——
preferred (quar.)
Maytag Company
(quar,)—
McClatchy Newspapers, 7%,. pfd, (quar.) —

37 ViC

r

8

:

.-.'".,17%

Mastic, Asphalt

1

9-

9-30

9-30

9

910-

•

9-20

$1,25

9-15

1

37 V2c

.—

Canada,

'Extra

.

,

I

9-

,9-30

25c

1

15c"

(quar.)
(quar.)

A

National

9

1

Quarterly
Massey Harris,

1

9-

9

9-

10-

9-22

9-15

32c

Nut

1

9-15

25c

Island Lime & Transport Co—r—

Company....—....—.
Kelsey-Hayes Wheel, class A (quar.).
r

«

9-22

10-

20c

Corp.________—

9-15

1

9-

9-30

50c

,

9-10

10-

—

9-30
■;

10-

50c

.*

Hess,

9-20

(M.)

9-12

50C
"

America—

(Hawaii)

A

&
Corp.

Bellas

1

Co.,

9-14

9-22

-40c

,

—__—

Brother Co.

E.)

National

10-

Marshall

9-10

10-

'

.

1

9-30
9-30

10-

—

.

9-15

1

10-

$12%C

———

(quar.)

A

9-30

,$20c

(quar.)_

common

(increased)

Nash-Kelvinator

25c

preferred

$1

Marsh

.

(F.

•

com.

9-16

(quar.)

preferred
preferred

4.8%

20c

6%

<8-31

preferred (Initial quar.)—w.
12'/2C
; Katz Drug Co., common (quar.)
—
i
$1.12 >/2
$4.50
preferred <■ (quar.)—.
——
25c
Kawneer Company (quar.)
—
10c
i. »Extra"
—
!■
y
'
25c
Kaynee Company, common (quar.)—
$1.75
:7% preferred (quar.)..,—_—
...:—
*
25c
Kpyser (Julius) & Company (quar.)
__
25c
Kearney (James R.) Corp
....
—

8-31

4.8%

Myers

1

Marlin-Rockwell

9-10

25c

1

9-15

Common

Telephone Co., Ltd.—
!

3

Inc.,
common
(quar.)_^

Mutual Telephone Co.

10-

i

9-10

$1.12'/2

preferred

System,
6% 'preferred

6

$12 %c

(quar.).—.—.—

(quar.)
Basket, Inc. (Calif.),

10-

(quar.)

Mutual

$1.50
(quer.)—
40c
(quar.)
Co., 4_% % pfd. (quar.)__I $1.06%
Martin-Parry Corp.
(irreg.)
—25c
Marven's, Ltd.,; 5% preferred (quar.)-.——
$$1.25
Massachusetts Investors Second Fund—
V-y ;,

9-10

;

;/•■ 6%

,,

2

99-

•

preferred

,7%

Market

70-10

i

9-

9-15

L*—

5%. preferred

Company,

$1.18%

""

of

National

(quar.)——
—
preferred (accum.)

,9-15

'

9-15

9-15

$-16

1

Co

Co.

preferred

9-15

10-15

t5c

,

Marshall-Wells

,

..

Corporation

yCommon'

■,

9

(quar.)

...

Car

1

10-

,

Mfg.

i 6%

•»

.

Nachman

Magnesium Products Corp. (lrreg.)_,
,Irregular
—»'*,
——w

9-30
9-

$1.75

—

1

8-17

9-30

'

Chemical

Mutual

9-24

9-12

10-

t.

of America,
(quar.)

Ohio

Nation-Wide

(qua

Maritime Telegraph &

78-31

9-15

;,10-

*———-

1*

8-

Marine

1

quar.)—--——.——J-

preferred

Company

Marathon

6

$1.50

!

9-

9-12

$$1.25

Quarterly

2

99-

10-15

1

50c

;

9-

9-15

$1

9-15

9-15

Mapes Consolidated Manufacturing Co.—

2

9-

9-15

$1

f

■

10-25

10»

$1

1*

$1.06

(R. H.)

Stores Corp.
Manitoba Sugar, 6%

;^8-25

1

2c

(quar.)

(initial

Macwhyte
Macy

9-12

9-12
11-15

MO-

9-

15c

.(quar.)——

B

Magor

65c

9-15

65c

—

9-15

$1-25

;

25c

$10c

6

$1.25

Common

4

,Class

Ltd

1

25c

Muskegon Piston Ring Co. (reduced)^
Muskogee Company (quar.)
1

Export Co., Ltd.—

R.)

9-15

;

~—

(quar.)..-.-.
Kansas Power & Light Co.—

(H.

9-30

"■>

9-15

8-31
9-

,

,

9-30

12 5c

A f <quar.)___

$1.25

(quar.)

12 %C

& Company, Inc.,
Madison Gas & Electric ,Co.——

common,——

preferred

$7

i

1

Class

,

Mangel

(quar.)

preferred

10-

30c

9-15

—

$1.25

Electric Co., common..—_—>,

&

1

:!8-31

(La.)—

• 5%
preferred A (quar-.)
—
Jqslyn Manufacturing & Supply Co,_a_^..,.
Justrite Manufacturing Co.
(quar.)
v-

<

4

&

MacMillan

9-15

;* 10-

5%

1

1

88c

—

:10-18

(Increased quar.)

com.

9-

9-

$2

—

9-20

-

9-15

•

Co., Ltd.—

( llr 1
9-30

dividend

Stock

1

10c

Johnson Jit Johnson,

Steel

Co.,

9-16

9-10

25c

preferred

Murray

;

Gold Mines, Ltd.—

60c

(quar.).

A
w.

1

4%

40c

Co—

Paint

Murray Corp.

6

9-

,9-21

"25c

93%C

*

(quar,)

Common

,

;

60c

„

preferred (quar.)

MacLeod-Cockshutt

9-15

10-

xt$1.75

—

pfd.

B (quar.)
Sulphur Co.

Lake

5%

8-31
'9-6

10-

'

125c

common..

—

1

$1.25

-

?

9-12

(quar.)

com.

Structural

MacKinnon

9-15

1

10-

$1.50

(quar.)

common

preferred
(quar.)
'Jamaica Water Supply, $5

3%%

;

3-20

Company

Products

Resumed

—

(quar.)-..—

preference

Tea Company,

20c

—

6%

Lunkenhelmer

9-15

31V2C.

-

1

8-31

"

9-29

10-

$1.25

.

'

preferred

Metal

$1.75

—

Murphy
Murphy

9-12

.

9-30

;

Brass

3

$1.75

(quar.)„_

1

Lyon

—

(quar.)

Manufacturing Co. (quar.)___^__™,
(G. C.) Co., 4%% pid. (quar.)—_

Inc.

1

11-10

1

9-30

12'/2C

—

Irving

RR.

Sons,

&

9-

9-15
12-

'

(M.)

i

9-

9-15

59 %C

Mullins

10- 3

10-

25C

—

series A (quar,)
Lowney (W. M.) Co., Ltd. (quar.)
Ludlow Mfg. & Sales Co. (quar.)

HV*%

'

30C

(John) Shoe Corp. 6% pfd. <quar.)__
t 'Irving Trust Co. (N. Y.)
(quar.)___
<•
; Jamestown Telephone Corp.—
r

(interim)

com.

9*

9-15

25c

93%c

—

&rNalfhville

Lowenstein

(quar.)

Finance, $5 preferred
Wheel Corp.
(quar.)

Motor

9-24

,

9-15

,

$2.50

9-20

,

62 %C ,4-1-50

(quar.)

Company,

Angeles

Louisvllle

'9-15

10-

pfd. (auar.)
common (quar.)__

Co. (quar.)
(increased)—„

Co.

10-

$1.75

—

(quar.)

Mfg.

Ironer

$1.50

$lB2»/2

——

Cafeterias

preferred

1

10-

37 %c

(quar.^

4%% preferred (quar.)
Consolidated, Inc.—

Mills,

Payable of Reo.

50C

Inc.

„12-20

1

1-1-50

62%C

——

Transit Lines (quarJ-——
Louisiana Land & Exploration Co. (quar.)_«

"9-20

Lines

Holders

When

Share

(quar.)_—«...

Mueller
10-

62 %C

(quar.)
(quar.)——

15c

9-29

75c

—

3730%

Co.,

Service

preferred

3.75%

v

8-19

50c

Los

(accum.)
B
(accum.)
(accum.)

preferred C
preferred
preferred A

6% %

9-12

7%
Motor

.

*■

Dry Goods

Co.,

&

P)

Paper

Morrison

9-10

30c

(J.

Morris

9-12

(quar.)

Co.

.fP.)

Electric Light & Power—

v

9-30
9-30

(William R.)

Morgan

9-13

9-30

m

8-31

9-21

12c

—•

quarterly basis

a

on

12-23

37 %C

—

(quar.).

Ltd.

preferred (quar.)—-——
Los Angeles Biltmore Co
—Los Angeles Investment Co. (quar.)——,—

9-15

9-30

(—

...

7%

Investors Telephone Co.—
Now

"O

5%

fl-15

$75c •' 10-15

Fund

Belective

Investors

$2

Theatres,

preferred
preferred
preferred

Lorlllard

l»/2c

*

5%

5%

9-15

I

10-

,

,

Foundation,

5

Gas

Name of Company

Moore-McCormack

'

9-21

10-

,

Lorain Coal & Dock

9-20 '

25C

(quar.)—
Ltd.—
6%
convertible preference (quar.)
Investors Royalty Co.
(s-a)
--

Star

Lone

9-15

1

(quar.)

1

1-2-50

' $2

f

87 %C

15c

:
America

of

Co.

Investment

9-

9-15

.

$1.50
'

—-

Investment

*

.

9-22

9-30

40C

Co

Power

9-15

9-30

50c

10c

;

.

"

9-20

9-30

$2

t

preferred (quar.) —
8% preferred (quar.)..

8%

$1.25

—

,

Moore

Co.—
(monthly)

Common

-

9-15

43%c

(quar.)
Interstate Department
Stores (quar.)—
interstate Hosiery Mills, (quar.)—
$6 preferred
(quar.).—
———

*

1

prior preferred

5%

*

10-

Per

Payable of Rec.

Lock JolntTPipe

9-15*

10-1

Monday, September 12, 1949

Holders

When

Share

of Company

'

75c

*—

—

Co.,

Silver

International
Interstate

1

'

Co

< 1 International

9-

9-20

CHRONICLE

FINANCIAL
Per

Name

Payable of Rec.

25c

(quar.)

Products Corp.

International

&

Holders

When

Per

Share

'

.

COMMERCIAL

THE

(1024)

48

1

8-31

10-

1

<9-15

10-

1

9-15

Ox
:

Fibre

Lumber

Co.,

6%

pfdf (quar.)____l

Brugh Co

preference

9-

6

10-

1

$1.50
$1-

-—

Pacific-American Investors,

$1.50

$2.50
$1.12%

Corp—

8-25

9-15

9-20

9-

7

9-14

9-

6

Inc,-

(quar,)__._

—

..

37%C', .10-1

9-15

49

(1025)
;t

'

■

,■
-

-

Name

Pacific

Coast

Pacific

Indemnity

,

Co.

iquar.)

Mills

(quar.)

Pacific

Public

Service

Co.

(quar.)

'] Pacific Telephone 6c Telegraph Co.,
'

'

6%

preferred

common

(quar.)

.__

Panhandle

Eastern

Pipe

American

■i Paramount
Parmelee

Penick

&

Inc.

75c
$1

10-

10-15

10-

1

50c
20c

9-23

9-

2

__

.

cum.

preferred

cum.

preferred

preferred
preferred

(J. C.)

Extra

Co._

*

(quar.)___

.___

(quar.)„,_

Power & Light
(quar.)

Co.,

common.

preferred

—-

(quar.)

—

Pennsylvania Salt Mfg, Co., commonPennsylvania Telephone Corp.—
$2.10
preferred
(quar.)

Circle

(quar.)

Corp.

&

Trading

Brewing

preferred

(quar.)

Products Co.,

common..

Co.,

-common

■
.__

(quar.)

Pittsburgh,
Pittsburgh
Pittsburgh
Pittsburgh,

Royal

1

9-15

10-

1

1

9-15

Russell

9- 3

8-15

10-

A-

2

9-

i v

9-15

7

10- 1

Louls-San

■it.

preferred A tftc

Co.,
1st pfd. series

Regis

Paper

ij: 9k-.

Bessemer & Lake Erie RR. (s-a)
Consolidation Coal Co. (quar.)
Forgings
Ft. Wayne & Chicago Ry.-—

(quar.)

3

9-

1

10- 3

9-

1

10-

1

9-20
12-

I-3-50
9-30

99-

9-30

1

Sarnia

9-12

9-

6

*

8-29

1

9-20

1

8-26
9-

9-12

fecranton

America—_____

of

Preston East Dome Mines, Ltd.

.

1

Mines. Ltd
—_
_
Prospect Hill Apartments—
$4.50 preferred (accum.):
±—__L~;—
Washington Ins.

$1
30c
$50c

Paper, Ltd. 4% pref. (quar.)
Public National Bank & Trust Co. (N. Y.)—

Provincial

—t

Quarterly
Service

Co.

Public Service

Co.

Public

preferred

5 % %

Service Co.

Public

—_

9-

1

8-24

5%

series A

5%

Seaboard

9-28

8-31

$2.60

10-

•;

9-

Lines,

10-

50c

5%

8-31

preferred

Oil

10-

$1.31 Vi

(quar.)
,
of Oklahoma—

1

Delaware

of

4%%

Farms,

Brothers,

(quar.)

Inc.

1

9-15

Seeman

1

9

Industries,

—

9-15

Hosiery Mills, Inc.,

A

com

'Reed

\

Reed

(quaT.)

^

:

Roller

Bros.,

$1.60

50c

•

11-

9-

1

9-

1

9

Rand,

(quar.)_

preferred

Inc.,

Sick's
Sick's

9-

9

iV

9-22

9-15

8-25

10-

1

9-15

10-

1

mSae.

i

£-_

common

(quar.)

—

.

9-30

5%
25c

10-

9-

3

6•

1
1

9-

8

10-

25c
$1.12%

1

9-

9

10-

11-19

1

9-

9

'

Republic Investors Fund, Inc.
6%
preferred A (quar.f__
6% preferred B
(quar.)—11
Republic Petroleum Co. (quar.)

Class

1

9-15

1

9-15

M.

15c
1—--— "*T' ,15c
———
12Vic

11-

1

11-

1

9-26

10-15
10-15

®

9-12

B

a

>

-5%

,

•

—

Extra

convertible prior preferred A




——

(quar.jf?-

25c

10-

1

9-

9

25c

10-

3

9-

4 25c

10-

3

9-

9

$1.50

10-

1

9-

9

9

(quar.)

■

(quar.)

(quar.)__^

(quar.)___

preferred
Saw

Simpson's,

J!

Class

.'2

(quar.)

&

Steel

class

.

;

,

.

4%

r

(quar.)

preferred

Co.

(quar.)

-

[

Skilsaw,

Inc.

-

Sloss-Sheffield

Steel

&

Iron

;

Quarterly
Quarterly
(H.)

Snap-On

|

80c
50c

? 9-20
.12-20

$50c
$50c
25c

10-31
.10-20
{ 9-15

Tools

com. ,(quar.)_

(quar.)

Corp.

.

*—

(quar.)

«

*

-

Gas

Co.

■;

50c

Drug Stores Co.—

conv.

preferred

Corporation, common (reduced)—
convertible preferred Class A (quar.)

Sonotone
$1.25
Boss

'

(quar.)

Manufacturing Co.

(quar.)

1

12%c

10- 1

9-17

9-15

9-15
9-1$

9-15

9-

1

9-15

9-

1

9-15

9-

1

25c

9-15

9-

$

tf-30

12-31

$20c

10-

12-15

1

9-15
'

25c

9-12

25C

—

9-30
\|,

8-39
9-16
.

56c

10-

1

9-1#
9-1$

25c

10-

8

$1 25

10-

1

9-20

50c

10-

1

9-10

9-30

9-1*

31 %C

11-15

11- 6

62 %c

10-

(quar.)
(quar.)

pfd.

(quar.)_

pfd.

$1.25

'7

(quar.)

—

Co

1

9-J5

25c

8-29

9-30

-9-39

15C

—

9-15

50c

—^

9-20

9-10

25C

9-

10-15

2

26 AC

10-

1

9-

3

28y«c

10-

1

9-

2

IjC

(quar.)

—

9-

1

15c

9-30

9-

I

50c

(quar.)

Co.

9-15

8-20

9-15

40c

10-

1

9-

35c

10-

1

9-30

$1

10-

9^20

$1 %c

10-

8-12

*

(quar.)

Inc.,

common—

.

I

9-1S

15c

10-

56V4c

10-

9-15

$25c

10-

9-

10-

9-

9

$50c

—

10-

9-

9

9-

7

9-

I

(quar.)_,

9-15

25c

——_——

9-15

27c

(quar.) —

10-

1

9-15

$5c

-

com.

10-

1

8-17

(quar.)__

8-22

9-15

9-

8

35c

10-

1

9-

»

$1.02%

10-

1

9-

9

$1.06%

10-

0

(quar.)_
—

9-23

30c

1

9-

15c

10-15

10-

Company

75c

10-

Texas

Gulf

75c

(quar.)
1
(Cleveland).

—

Co.

Tower

(quar.)
Sulphur
(quar.)_^

Inc.,

•

$2.40

3iy.c

(quar.)__—

10-

1

9»

1

9 "17

.

9-W

7%

Co.,

Steel

Co.,

(quar.)_

Mills,

common,

Thomaston

8-31

$1.75

9-15

9-

9-14

8-81

$1,06%,

9-15

9-

—

—

60c

:---—-,

tf

Common

Markets,

1

9-1$
12-15

4-1-50

10-

3-15
9-

t

9-15

9-

I

25c

10-10

9-28

25c

(quar.)_

9-15

$1

common

10-

9-1$

preferred A

(quar.)

preferred B

(quar.)

10-

1

9-10

1

0-lf

""

31

%c"

9-30

'

$1.12%

—

:

1

10-

31 %c

Thrifty Drug Stores Co., Inc.—

4%%

6-15

50c

non-conv.

4%%

'

6-26-50

50c

——

preferred initial series (quar.)_
preferred series B (quar.)^

conv.

5%

•

'

———

Thompson Products, common
4% preferred (quar.)
Thor Corporation
—,—i_.
5%

,> i

1-3-50

50c

—

Common

1

6

50c

—

Common
'

9-15

(quar.)

common

preferred

4V4%

60c

40c

preferred (accum.)
preferred (quar.)

convertible

Shovel

Thomas

•

1

—

9-17

.

Thew

»

10-

8-23

9-15

10-1

25c

common

preferred 'I
Textron, Inc., $1.25 conv.j pfd.
Thatcher Glass Mfg.—

5

%*

8-23

9-15

10c
25c

(quar.)—

4%

9-

1

9-15

50c

Gas

9

25c

—-

35c

Transmission,

preferred

Textiles,

9-30

$1.06%

—

.

'
.

9-10.
9-JO

*

**

Tide Water Associated Oil Co.—

$3.75
Tilo

preferred

Roofing

(quar.)—'—

Co.

Detro't

Timken

—

Todd

Shipyards

25c

$15c
35c

Class

Corp.——_______

8-j»

9-20

9-

a

1

y-1

9-27

9-15

10-

10-

1

9-15

10-

1

9-15

9-12

9- ft

tlOc

Universal Insurance

Co,

1

9-18

10-

1

10-

1

3iy»c

10-15

9-15

9-15
10-

5

1

9-10

25c

11-15'

ir-ift

30c

9-15

9- 3

50c

9-23

9-1.

37 %c

9-23

9*

%

$1.12 y3

,9-15

9*

t

$1.50

Gas,''Electric Light & Power Co.—-

...

9-15

10-

$$1.12 V2

preferred (quar.)—
Treesweet Products Co.,- $1.25 pfd. (quar.)_
Tri-Continental Corp., $6 pfd. (quar.)—
4% %

Trinity

3

37%C

—

10-

$37 %C

(increased)—
(Increased).

B

9-15
-

15c

50c

Brothers,1' Ltd._
:
Traders Finance Corp., Ltd.—
A

9-12

$1.75:

Tooke

Class

1

4

15c

(quar.) J—
Co. (reduced)——

Axle

Tailors,

Top

10-

93 3/4 C

Ltd. (quar.)———
Tishman Realty & Construction Co. (quar.)_
Tobin Packing Co., common (quar.)
7%
preferred (quar.)——
Tip

1

9-30
9-30

1

Extra

9-30
9-30
9-2'

10-15

10-

pre erred

4%

Corp.,

Texas Southeastern

0-10
12-10

10-15

9-18

-

Texas

9- 1.

15c

(quar.)

1

50c

preferred

4.25%

'

10c

Aircraft

Extra

1
1

10-

25c

Tucson

Solar

10-

10-

Corp.

Terminal

8-25

9-15

$50c

Bond & Share— "
preferred (accum.)

4.10%

if
—

preferred

-

9-23

$31 %C

•

9- 7
8-17
8-15
8-15
8-15
8-25 '

;

9-14

30c

„'
•

Paper Mills, Ltd.,

^

9-2#

10-14

$31 %C

(quar.)

Co

Tennessee

9- 1

■

93 34 c

$1 25

Inc.

&

1st

7%

,

1

1

(quar.)

Stores,

Paper

Stove

Telephone

9- 1

40c

$1.50

Extra

Smith

*

„

•

10-

common.

Fenn, 4.32% ,;conv. pfd.
Instrument Cos. (quar.)
Teck Hughes Gold Mines. Ltd

9- 1"
9-1
.9-1
9- 1;

"

Corp.,

Taylor

9-7

10- 1
f 9-15
$$1
i 9-15
' $$1 ; j 9-15
$$1.12%
9-15
$1.50
i 9-14

A

8inger Manufacturing

25c
j 9-15
-25c
9-15
25c ' i 9-15
i 25c
} 9-15
fl5c
{ 9-15
$50c
9-15

9*17

75c

fquar.)

preference

Tayfoi'

■

9-7

10- 1

$15c

9-17
9-17

1

37 %C

Electric Products,
preferred (qup.r.)

Tanpan

9-20

- .

1
1

10-

$1.25

Machine Tool

Tennessee

9-16.,
8-30

.

9-30
10- 1

10-

10-

—

Syivanite Gold Mines, Ltd. (quar.)
Talcott (James), Inc., common (quar.)——_

.

9-20
8-31

$$1.25

;

(reduced)

Co^

Ltd.,

*

B

Sommers

(accum.)

B

Ltd.,
common
V 5%
preferred (quar.)__.
Sllverwood Western Dairies, Ltd.—,

4%

^

Republic Steel Corp., common (quar.).—-——
6%

10-

$27c

(quar.)—

Republic Pictures Corp.—
$1 convertible
preferred

.

4%%
1210-

'

,

25c

75c

25c

preferred
(quar.)
Tamblyn <G.), Ltd., common

9-15

.

1

"25c

common

(quar.)

4%%

9-15

10- 1
9-15
V 9-30
; 9-30

,

9*37

$5c

;

•

31 Vic
25c
/,35c
$25c
/
5c
$15c

Silknit,

Slmonds
9-23

r
;

9-37

9-30

'

•

&

Royalties, class A

Signal

;

9-23

,

Coventry Ltd.;
A

B

Class

■

10-21

9-30

40c

>59%c

Ltd.

Brewing

8tgnal Oil R Gas, class A

10-21

11-1

$1.25

—

(quar.)

com.

9-

9-30

(quar.)

Ltd.

Company

Thorofare

8-29

11-1;

Breweries,
Seattle

Class

8-26

10-13

"15c
$1.25

Corp.,

(quar.)
—
Malting Co._
Dairies, Ltd., class A (quar.)—
isi;

SHverwood

1

(quar.)—

Company

Optical Co. (quar.

1
1

10-

Class

V8huron

2

9-

9-

10-

G.)

8-15

5c

(quar.)

(reduted)

Sylvania
$4

10*17

Ohio,

Mining Co.

&

1

9-1#

Sunray Oil Corp., common (quar.)—
4V4% preferred series A (quar.)
4%% preferred series B fquar.)—
Sunset-McKee Company (quar.)

Swift

11-

9-15

—

Co., common (quar.)
Corporation
(quar.)——

Sutherland

10-17

9-20

_

Wells

Sunshine

1

9-15

Corp.

Sundstrand

9-12
:' 9-16
9- 2
9-2
8-22
9-28

50c
10c
$50c
25c

preferred Cquar.)
8heraton Corp. of America—
$1.25 convertible preferred (quar.)
8hoe Corp. of America, class A (quar.)

8-31

'

9-12

Mills, Ltd. r
preferred (quar.)..—$40c
Mfg. Co., 3%% pfd. (quar.)87'/2c

Remington

Renold

'

1

Sunbeam

0*

8-96

11-

$12%C

preferred

gun Oil

8-25

Corp

Products

5%

9-

$1

Suburban Propane Gas Corp.—

8-25

9-15

10-1
9-30
9-22
10- 3
9-14
10- 1
10- 1
9-30

43/4%

9-15

non-cum.

Reliance

Shellmar

9

9-12

Knitting

Regent

$4.50

9-

(quar.)

prelerred A (quar.)
Mfg. Corp., common
1st
preferred
(quar.)—:

9-15

$1.18'4
(quar.)_£l '
50c
—^
25c
25c

—_—

Inc.

5%

9-15

.

stockholders

dividend

approval)
Reeves

Co, (irreg.)
(subject
to

Bit

10-

8heller

..

B

Stock

9-15

10-

37'/2C
50c

(quax.jw. "

1

Inc.

preferred A »(quar.)_
(C. A.) Company, clais A

Class

II-30

25c

f;

;

9-30

10-10

$2c
933/4C
2Vic

"4%

8-31
8-31

10-

9-15

$1.12%

25c

(Frank

"8hattuck

9-30
9-15

r

40c

—

Steel

Struthers

8-3$

1

9-12

30c

.

of

Brothers

Studebaker

9-15
10-

25c

94c

Corp.,

preference

Stromberg-Carlscn Co.,

9-20
8-25

(quar.)

20c

—

183/4c

Strawbridge & Clothier $5

9-20

10- 1
9-15

5

9-15

8-2$
9- I

preferred (quar.)
Stewart-Warner Corp.
(quar.)

9-2

10- 1

15c

B

Sharon

$1.50

preferred (quar.)
Raybestos-Manhattan. Inc. (quar.)_i___^._.
Reading Co., 4% 2nd preferred (quar.)^!.^

4%%

t

25c

$1.37%
23c

(quar.)_

Extra

9. 6

$1.75

Electrotype Co. (quar.)_

Stores,

Class

9-15

—.

Rayonier, Inc., $2

preferred

9

25c
$1.25

1

Owl

9

9-

Servel, Inc., $4.50 preferred

2'/2%

„

5%

9-

9-23

$1.18%

•

Oats Co., common-.——
.6%
preferred
(quar.)
Quaker State Oil Refining
Quebec Manitou Mines
Ralston Purina Co.. 3%%
pfd. (quar.)
'.Rand's
(Pittsburgh)

Red

9-23

$1.75

—

___

Quaker

'Real Silk

1

9-20

Puget Sound Pulp & Timber Co. (reduced).
Pure Oil Co., 5%
preferred (quar.)

J Rapid

9-

10-1

—

(nu»r.U—

preferred

$4.75

9-30

pfd.

7

a

9-

4% %

9- 9

—

Selected Industries, $5.50 prior
Serrick Corp., class A (quar.)

1

Inc.—

dividend)

(stock

Common

9-

$1.75

original preferred (quar.)
1st preferred (quar.)

Publicker

-

9-29

25c

9-

9-15

87 %c

Finance, class A
(quar.)

Bros.,

9-15

9-15

(quar.)

comon

,

9-15

1

9-15

47 %C

Sterling 'Aluminum
Products—
sterr. & Stern Textiles, Inc.

'9-15
.9- 9

Selected American Shares

15

9-30

Sterchi

9-10

10- 1
9-29

—

10-

7%

;

10-1

25c
25c

—

10-

7%

i

31 Vic

—

(irreg.)—

common

Extra

preferred (quar.)
$1
preferred
(initial)$1.44%
Public Service Electric & Gas, common
40c
$1.40 div. preference common (quar.)
35c
Publication Co., common voting
(quar.)—
50c
Common non-voting (quar.)
_—__
50c

5%

1

10-

25c

A (quar.).
(quar.)

&

B

10-

$1

Steamship

Co.

preferred
preferred

b%

9-22
9- 1
9-15
9-15 1
9- 1
9- 1
9-10

10c

Co.,

4.65%

,

common

(quar.)

preferred A
Banknote

10-10 1
9-8
9-30
9-30
9-15
9-15
10- 1

75c
:;V 40c
$1.12%
12 Vic

(quar.)__.^
(quar.)_
preferred (quar.)—

preferred

Co.

9-30

12 %C
\ 15c

common

4%

*

.

(quar.)_—_—

Seeger Refrigerator

9-15

12-31
10-10

'

Security
-

$1.25
$1.25
45c
65c

Loan

Class

Stedman

12- 0
8- 9
12- 9
9-22

(quar.)—^

common

Securities Acceptance Corp.,

9-20

3

9-15

Mexico—

12-31

Oil

4

$1.12 %

Corp., common

&

9-1$

..

$1.50

(quar.)

Fruit

10-151

1

17 %C

(quar.)

common

; 6% preferred (quar.)__
Stecher-Traung Lithograph

9- 9

—

•

Co.,

Gas

Seaboard

5

Co.,

Finance

convertible

6%

9- 6

9-15®

non-cum

convertible

^Seattle

9-14

1

9-26

45c

_

preferred
preferred

scries A non-cum.

9-15

'

9-6
9-17
9-17

vtc

Seabrook

_,

Hampshire

of New
of New

Common

Factors

10-14

10-

.

$1.277/s

—_—

•3%%

State

9- 6

9-30

40c

(quar.)_

(quar.)

.p* Participating

Co.—

11-10

1

9-15

9-15
10- 1
10- 1

(irreg.)

vtc

3

preferred A (quar.)
Standard Paving & Materials, Ltd., com._
Partic.
convertible cum. preierred
Partic. convertible non-cum. preferred—.

'

25c

Air Line RR.

Common

V

Sea train

(quar.)

Co.

"Seaboard

9-7

9-

'

Inc.

participating
"Participating

•'

8-30

17Vic

series

preferred

Standard

9-14

$1.02%
15c
$1.12%

Vandervoorf,

10-15

% 1 Vic
$15c

(quar,)

Proprietary

Providence

12-

25c

9-15
9- 7

X

9-15

$1.25

Standard-Coosa-Thatcher

11-14
11-14
9-9

——

Jquar.)
—-—
—
Barney, Inc., com.—
$4.50 series A preferred (quar.)
preferred

4.10%

Scruggs,

2*

%

9-

10c

$3

12- Jt
12- 1
10- 1

^

(Dallas)

(initial) L_;

Brands,

Standard

9-2
9- 8

,

Insur.

& Sons,
(quar.)

preferred

75c

.

12- 1

25c

Common

9-10
9-16

^

10- 1

Scranton-Spring Bropk Water Service—

9-

I

9-

9-15

8-1#

.9" *

Service—

preference

Standard

9- 1

5-1-50
8-1-50
9-12
11-1
11-1

;;

Co

Lace

9-

9-15

(quar.)

preferred

$3.50

/

50c

prelerred (quar.) —
"4.30% preferred (quaf.)———
Scranton Electric Co., 3.35% pfd.
(quar.)—

1

9-15

$1.25

Investors

$3.75

91V4C
$1.07ya
833/4C

common

3.65%

9-10

10-

(quar,)_
Glass Co
Company
(quar.)

Metals

*;:$4

9-9

10- 1
10- 1

Life

preierred

Standard

; 60c

Co.,

Manufacturing

Scoville

9-15

9-12

10-

ii.oey*
—

(quar.)

Squibb (E. R.)
$4
preferred

r

,

preferred A
27%c
5%% preferred A (quar.)—
——
27%c
Scott Paper Co., common
(quar.)___^
62%c
$3.40 preferred (quar.)
—85c
$4 preferred
(quar.)
——$1

7-15

9-12

10-

(quar.)
(quar.)

preferred A

5%%

10-1

10-15

—

Lock

5%%

9-15

1

(quar.)—

Arabian

Schlage

8-29

10-

Gas

Mining Syndicate, Ltd.——
Co.
Schwitzer-Cummlns, 5Vi% pfd. A (quar.)—
Saudi

1

*9- %

Co.

Electric

preferred

4.65%

,

11- 1
2- 1
5- 1
9-30
9-30
9-30
9-10
9- 6
8-31
- 9-23
9-10
10-18
1-18
4-18
7-18
8-31*
10-18*
10-18*
9-14

—

Brothers, 5Vi% preferred
Bridge Co., Ltd.

Sanger

1

10-

i

i

Diego

9

9-15

preferred
Pittsburgh Plate

Pressed

5%

9-13
;i

12 %c
11-15
12 Vic 2-15-50
12V2c 5-15-50
20c
10-15
22Vic
10-15
25c
10-15
50c
10- I
41 Vic
9-15
$ 10c
9-15
15c
10-31
50c
9-15
27%c
11- 1
27Vic 2-1-50

& Electric,; com (quar.)_—
4 Vi %
preferred (quar.)
5% preferred
(quar.)
San Jose Water Wbrks, common (quar.)—.
San

9-20

1

10-

Quarterly

8-19

9-12

$1.75

—.—

Common

Antonio Transit

0-10

(quar.)

1

12-15

-

Quarterly

V> 10-

9-14

$1.10
$$1.07

(quar.)

A

9-15

20c

Royalty

Southwestern

10- 5
10- 5
9-10
8-30
9-10
9-20
8-31

9-15

1

Quarterly

8an

1

7%

1

10- 1

$1.25

;

\J

»

10- 4
$1.75
10-1
25c
9-30
Pittston
25c
9-25
Plymouth Oil Co. (quar.)
.—
50c
10- 1
Porter
(H. K.)
Company, 5% pfd. (quar.)_
62V2c
Potomac Electric Power, common (quar,)22 Vic •~K 9-30
9-30
3.60%
preferred
(quar.)
—_*
4Cc
9-15
Potter Company (Irreg.)
—»
20c
9-15
Powell River Co., Ltd. (quar.)
$50c

"Common

•

$1.25

Saguenay Power Co., Ltd., 4Ve% pfd. (quar.)

9-15

15c
53y8c
75c
75c
25c

~

,,

.

conv.

8t.

8-20

a57 l/10c

iquar.)_

common

Ry...

preferred A vtc (quar.)

9-12

9-13

Francisco

9-15

(quar.)

preferred

Southland

1

conv.

9-26

$1
$1
30c

,

$1

——

5%

,

20c
15c

Union

Gas, common
(initial)
4Vi% preferred
(quar.)__
5 %
preferred
(quar.)
$1

9-10
9- 8
8-19

9-15
9-15
10-15
10-15
9-26
9-12
10- 1
10- 1
9-15

25c

(Louisiana)—

,;;1: 5%

9-12

10- 1'

Co.
——

9-10

:

.

9-20

37%c

9-15

,

9-12*
9-12*
9-20

Safety Car Heating & Lighting Co., Inc.—

0-15

$1

(quar.l_

50c
50c
20c
50c
$1.75
—75c
;«
25c
$1.12%
30c

Russell

Hotel

8*9
8-39*

9-15

Speer Carbon Co
Spiegel, Inc., $4.50 conv. pid. (quar.)
Sprague Electric Co. (quar.)
Springfield Fire & Marine Insurance Co

9-21

Charles

9-12
9-19

Spalding (A. G.). & Brothers (quar.)
Sparks-Withington Co. 6% conv. pfd. (quaf.)

(quar.)

Quarterly

10-ts

$1

9- 2

9-8

St.

9-2#

9-11

1

50c

9- 1
9- 2

(quar.)
(irreg.)
Co.

Manufacturing

11-

10-3#

$1.25

(quar.)

»-15
9-12

1

10-

9-30

(quar.)

9-12

Company.

C.)

10-15

(quar.)

Co.

Railway

pfd. (quar.)__ $$1.06V*
? 25c
J 20d

10-14

50c

(final)

receipts

(F.

11-15

50C

Gas

Natural

Pacific Co.

Sovereign

(quar.)

pfd.

$

Si .20

9-9

common

4Vi%

8

S-

37 %c

(quar.)

10- 1

—

Company

(Jacob)

preferred

25c

<quar.)_

Manufacturing

Ruppert

9-

9-30

Southwestern Gas & Electric—

(quar.)
Steel
(quar.)

preferred

Ruud

9-15

9-30

$30c

9-15
9-15
9-15

Inc

Co.,

9-lft

$$1.50
com._

10- 1
10- 1
10- 1

Comoration

Typewriters

1

50c

(quar.)

$1.25
$1.25
$1.25

Inc.

Electric

9

10-

27c

(quar.)__

(quar.)

Southwestern

Works

8

9-

Lta.—

$20c
25c
25c

Co., Ltd. 4%%

Brothers,

7 %

8-31

•

10-

93%c

preferred Class A. (quar.)
Pillsbury Mills, Inc., $4 preferred (quar.)—
Pinchin, Johnson & Associates, Ltd.—
Inc.,

9-10

1

9-15

25c
50c

3%%

deposit

Rowe

10-1

$1.12 Vi

preference (quar.l
.
—_
Philadelphia & Reading Coal & Iron Co
Philco Corporation, common (quar.)____

preferred

Rotary

9-10

0-22

$1.50
$1.25
25c

(quar.)

$1

American

Roos

9-10

25%

1st

Pitney-Bowes,

9-14

1

1

Co.,

9-20
9-15
9- 1
12- 1

(quar.)

Metal

Art

Power

Indiana Gas & Electric Co.,

Southern

9-

9-28

Edison Co.—

10- 1
9-30
9-15
12-15

(quar.)

common

(quar.)
A

Canada

9-1$

9-28

62 %c

(s-a)_

$62Vic

Co.,

Extra

9-14

50c

preferred

Philadelphia Electric

prior preferred
&
Pendleton,

10- 3 '

(quar.)

non-cum.

4V4%

5%

10-

25c
25c

.-

Dairy

preferred

10- 1

10-

20c
25c
$1.12Vi
-

preferred (quar.)
2nd preferred
(quar.)
/ST;'"" $4 non-cum. 2nd preferred (quar.)
$4

5%

8-31

1

10-

c

$4.50

8

Telegraph Co.

Southern

Company,

preferred

4.40%

,

Philadelphia Co., $6
$5

Rolland Paper

9-

&

9-5

,

9-2#

9-30

$1

10- 1
10- 1
10- 1

(quar.)

5%

-

At.antic

partic. preferred

4.8%

-^-13

9-3#

1

50c

participating preferred
preferred
(quar.)

Common

6%

9-90

1

10-

common

Original

Southern

1

10-

30c

Sugar Co.,

California

4.32%

10-

(quar.)__

Southern

Southern

Quarterly
Rockwood

5
3

Corp.—

Co.

Dividend

Philadelphia

1

20c

—

$1 participating class A. (interim)
Pfaudler ; Company
(quar.)
.__
Stock

9-

10-

50c
$1.50
$2
10c

(quar.)—_
„—.
Pet Milk Co., common (quar.)—,
'
4Vi% preferred (quar.)

Pfeiffer

9-15

3

2-

Rico

preferred

Southern

15C

683/4C

(quar.)

&

9-1
9- 6
9- 1

9-15

Co.

Southern

8-.0

10- 1

Oil

Payable of Jt$R.

62'/2C

(quar.)

com.

(quar.)

Southern

37Vic

(quar.)
& Co., Ltd

Corp.

Ages

Ruberoid

Company

Petroleum

Roeser

52c
" 50c
$1.25

Pennsylvania Water & Power Co., common—
$5
preferred (quar.)
—
_______
Peoples Drug Stores,^ Inc. (quar.)
—*
Peoples Gas, Light & Coke Co
—
Peoples Telephone,
common
(quar.)
Pepsi-Cola; Company (resumed)
-

:

1

40c
$1.25
30c
$1.12 Vi
$1.15
30c

"

preferred

Perfect

9-

2-

11-

of

Ronson

(quar.)

preferred

Permutit

Rock

Porto

Shore

...

20c
2911c
t50c

preferred

Mfg.

Uttxe

Robinson,

5

11-

11-15

Glass Sand Corp.—

Pennsylvania
4.60%

12-15

L.)

(P.

South

'Vi''-"

(quar.)

preferred

Penn

-0-ir
9-2

f50c

<

><

(quar.)

preferred

South

9-16

V10- 1
9-27
9-15
9- 9
9-15
9-15

-

(quar.)

preferred

preferred

5%%

f

./.....,

Controls Co.—

convertible

$2,50

9-15

1

1-1-50

30c

_______

._

Common

5%

v

.

cvrp.

Engineering

Pennsylvania

4% %

9-14

10-

(quar.)

common

(quar.)

participating

25c
25c 2-15-50
11-15
33c
33c 2-15-50
10- 1
50c
9-15
25c
9-15
20c

(quar.)
(quar.)

Pennsylvania-Dixie Cement

f

8-26

4%%

(quar.)

Penney

**

Common

(quar.)

Pennsylvania

-

8-31

9-1

$1.50

Robertson

$1

:

9-15
9-14

40c

Corp.,
Corp.

10- 1

$1 75
50c
5oc
25c
$1
20c

(quar.)

Robertshaw-Fulton

.

$1

,

9-16
8-31

U

$1.75

'

—

.

9-15

9-10
9-10
8-24

8%

(quar.)__
Riverside Silk Mills, Ltd.—
$2 participating class A (quar.)
Robbins & Myers, Inc.—
Stoker

9-26

62Vic

cum.

Textile

"Riley

.25c

__

(quar.)—

com.

5%

9-21»

*

Corp,

preferred A

$4

8

Oil

f 20 c
$35c

(quar.)__,

(quar.)

cum.

Richfield

Riegel

$1

Co.,

Inc.— "

1st preferred (quar.)
preferred (quar.)
Richardson Company (resumed)

8-29

62Vic

$1.32

Manuxacturing

2nd

7%

1

9-

^

(quar.)

f

9-16

1

9-27

(quar.)

$1.32

9-

9-15

9*

9-15

__.

Telephone .1

Common

y

1;

30c

(quar.)

Ltd

Ford,

Common

Rice-Stix,

—

Transportation Co.

Peninsular

Rhtcm

9-30

48c

Peerless Cement Corp

i

9-15

(quar.)_

(quar.)

Pictures,

9-30
10-14

9-

,

Inc.. common

preferred

■4.60%

Company

South Carolina Electric & Gas,

9-21*

10- 1
10- 1
10- 1
10- 1
9-15

25c
$1.37J/a
90c
$1.12Va
40c

—

Name of

Holier*

When

Per

Holder t

Payable of Ree

8har$

•

3.60% pfd. (quaT.)

(R. J.) Tobacco,

Reynolds

9-15

iquar.j.

Pa ton Mfg.' Co., Ltd., common
7% preferred (quar.l

,

9-19

$45c

Line, com.

shares

preferred

;*'4%

5%%

10-10

preferred (quar.)
Pantapec Oil Co., C. A. (Venezuela)—
Paraffine Companies,

9-28

<•

Metals Co., common
convertible prelerred (quar.)

Reynolds

1

9-

10-

4%

*

7

9-15

1

9-15

._—25c

; Packard Motor Car Co. (irreg.)
: Page-Hersey
Tubes, Ltd.

*

9-

9-21
10-

.j,

-

Name of Company

PnHahle of Ree.

8c
50c
$1
25c
$1.75
$1.50

Aggregates

Pacific

When

Per

Holders

When

Per
Snort

-

of Company

■

10-

..

Quarterly
Twentieth

1

Century-Fox Film Corp.—

8c
31 Vic

9-30
9-30

9- 6
9- 6

Common

$1.50

convertible

25c

9-19

0- 7

$4.50

prior' preferred

(rjuar.)

——

preferred

(quar.)——

(quar.)

;

50

THE

(1026)
:v,

South

La Salle

(quar.)

St

Rubber

Asbestos &

Union

Co.

Investment

Co

Metal Mfg. Co., common
preferred tquar.i

Union Pacific RR. Co.,
4% preferred I s-a)

3

50c
,

:

10-

10c

10-

9-

1

„

Common

9-

6

5%

9-

6

1

______

9-30

United

Fruit

8-31

8

United

Merchants

&

$75c

Manufacturers,

Quarterly

*

S.

Storagp Corp., common
4% partic. prior preference (quar.)
Participating
U. S. Fidelity & Guaranty Co. (Baltimore)
Quarterly
U. S. Finishing Co.,
convertible

preferred

U.

Foil

S.

Class

7%
s.

U.

s.

Guarantee

U.

S.

Gypsum

8-10

10-

9-21

20-

9-21

10-

9-21

U.

10-

1

10-

1

S.

9-15

75c

9-20
9-20

8-31*

7%

A

non-cum.

United Steel

U.

12-20

50c

10-

1

4%

1

9-

9-15

S.

Trust

United

Corp..
Co.

Steel

(New

&

Wire

10-

York)

9-15

99-

9-30

25c

5c

9-15

9-

10-15

10-

25c

I 9-15

9-

75c

10-

1

56%c

10-

1

Extra

Utica

Light Co...

9-15

9-

prior

preferred

9-

convertible

Mfg.

1

9-

(quar.)

Inc.

1

Electric

Penn

Power

Gas

Virginia

Co.

9-12

Co.

9-15

Electric Power

Iron

&

1
10- 1

9-16

25c
35c

10-

9-10

9-

Common

8

4V2%

prior

4V2%

conv.

9-15

10-

Wrigley

Life

1

9-15

10-

45c

9-30

9-

9

9-23

9-

9

(quar.)

9- 8

9-28

9- 8

10-10

9-23

25c

9-20

9- 1

$1.12%
$1.12'/2

9-15
9-15

9- 1
9- f>

$1.25

9-16

8-31-

25c

10- 1
11- 1

9-20
10-20
9-23
9- 9

10c

10- 1
9-30
10- 1
9-30

9-16.

56'Ac
25c

10- 1
9-24

9-16
9-15

25c

10-

1

10-

1

25c

9-15

9- 1

9-15

9-

9-15

9-

9-30

30c

$1.12'/2

10-

$1.50

10-

Young

9-15
9-15-

8-12
9- 1

Tile

Fibre

(L. A.)

Steel

Youngstown

1

1

9-15
8-25

tPayable

9-15

8-25

25c

10-

resident
a

9-

8

x

in

tax

Less

Wire

$1.80
25c

(quar.)

Corp.

$1 25
25c

Less

not

S.

(quar.)

Co.

closed

Funds,

Canadian

9-12

for

less

dividend.

this

15%

funds,

a

'

1

•

non-residents' tax.
at the source.
Non¬

Canadian

.

deductible

tax

8-26

15%; resident tax 7%.

British

d Less

9-20

1

9-15

30c

books

•Transfer

8-31

9-16

40c

t4c

Co

Door

tPayable in U.

9-15

(quar.)

25c

Youngstowr. Sheet & Tube

9-15
9-15

Co

Mfg.

Spring &

J50c

(quar.)

(quar.).—

(monthly)

Extra

7

1

10-

Corp

Corp., 4'/2% preferred (quar.)
Corrugating Co. (quar.)

York

9-15

25c

preferred
(quar.)
prior preferred (quar.)

(William)
common
(monthly)

Yankee

York

8-31

9-12

50c

$1.25

$6 preferred

STATE AND

9-28

common

Wright-Hargreaves Mines, Ltd
Wyatt Metal & Boiler Works
Yale & Tcwne Mfg. Co

5

50c

Insurance

50c
$1.25

50c

Common

9-15
9-12

9-

Condensing Co

Western

9-14
8-31

$50c
—

v

(quar.)

Aeronautical

Wright

9-15

1

9-30

9-20

(increased)

Western Department Stores

9-30
9-30
9-29

Ltd

(quar.)

9-16

9-30

35c

Ltd.

12'/2c
Co.,

(quar.)

Combing Co. of Canada, Ltd.—

1

50c

(quar.)

Utilities,

Products,

S-

Worthington Pump & Machinery Corp.—

1

17 %c

Coke

8-31
8-31

9-15

Co

Co.

J25c

Texas

Western

9-20

10-

50c

(quar.)_„

preferred

$4.50

Westeel

8-25

20c

Co

&

9-15
9-15

10c

Lothrop

10-1

31'Ac

(extra)

Co.

d$1.12'/2
d$1.20

1

(quar.)

Manufacturing

preferred

Wool

9

9-

5

Co.

50c

Woodley

Woodward

5%

10-17

/
d$1.50

—

(quar.)_;

Petroleum

8-19

9-16

9-10

10-31

Co.—

Co

Dessauer

9-17

Woods

8-31
9-10

1

10-

t40c

preferred
preferred

&

1

9-15

9-23'

10- 1

15c

preferred

Wolf

8-31
9-15

9-30

Co.—

(quar.)

$4.80

8-16
8-16

(quar.)

(quar.)

Coal

preferred

West

12-22

9-30

10-

20c

Oil

Grocery

4'/2%

8-16

9-12

10-15
10- 1

Oil & Snowdrift

Fenn

$5

-

i

(s-a)

(quar.)
Wisconsin, Power & Light

9-20

12 %c

RR

Virginia Pulp & Paper (quar.)
Special
West Virginia Water Service Co.—
Common
(increased)

3

1-3-50

62yao

62%c

Kamp's Holland Dutch Bakers,

Lovett

&

6%

9-10

1

9-15

West

8-31

9-15

1

10-

$1.50

preferred (quar.)
Inc. (quar.)
Co.

Ohio

8-31

9-15

10-

Inc.

Line,

Wisconsin

7

10-

(quar,)

Co.

Fund,

5

5c

(quar.)

preferred

de

Motor

Knitting Mills

9-15

$4.25 preferred (quar.)_

Ltd

C.),

Quarterly

preferred

Extra

prior

5%

Wilson

9-

9-20

t50c

Jnc

10- 1

(quar.)

(J.

Extra

10-

Picture:;,

West

5

9-15

40c

...

Wilson

4%% preferred A (quar.)
Wisconsin-Michigan Power Co.—
4'/2%
preferred (quar.)——

25c

Brothers

West

X

$2

Ltd..

Worts,

56'Ac

d$1.12'/2
25c

(quar.)__—

8-15

10-

Knitting Co.—

5%
Van

Q-

Ltd.

Wilsil,

Wilson & Company,

7

_____

common

9-15

25c
$1.27%

West

Corp.

Inc.,

Winn

(quar.)

Wesson

9-15

9-12

Oil

Stores,

8-15

$1
&

10- 1
9-23
10-15
9- 9
10-15
10- 1
10- 1
10- 1
10-1
10- 1
9-15

——

9-15

Baking Co., common
preferred (quar.)

4%

9-15

75c

__

&

1

10-, 1

10c

—

Power

9-9

9-15

40c

(quar.)

Gooderham

West

15c

quar.)

Utah

common

50c
25c
20c
15c
25c
30c
$1.06%
75c
t25c
$1.06 Vi
tl5c
$1.50

—

—

(quar.)

9-14

(quar.)

(Hiram)

Wentworth

1

$2

____

6 %

10-10

1

25c

Wellington

9-28

10-

Utah Hotel Company..
Utah Oil Refining
(quar.)

9-20

10-20
10-

25c

(quar.)

9-16

preferred (quar.)
preferred (quar.)

Wiser

Weber Showcase & Fixture Co., 5 % pfd. (quar.)
Weeden & Company—

9-28

$1.12%

9-15

9-30

9-16,
10-21'
9- 9
9- 9::
9- 9 >;
9-19'
9- 9
10- 1; ■
8-31
9 30'.'
9-20t
9-20
9-20
9-1
9-12

(quar.)

Co.

Co.

River

Wieboldt

$4.25

10-

Wayne

1

(quar.)
;
4%% scries B preferred (quar.)
Upson Company, 4%% preferred (quar.)___
Upressit Metal, 8% preferred (accum.)
Upson Walton Co. (quar.i
Utah Home Fire Insur. Co, (increased

2

9-

25c

Inc.

preferred

Waukesha

7

50c

preferred A

Wichita

37%c

9-15

United

6%

Wickes

7-17

75c

(quar.)..
Waterloo, Cedar Falls & Northern

9-10

United

Utilities & Specialties
Wallpaper, Inc., 4% pfd. (quar.)
Universal Winding Co., common
Upper Michigan Power & Light Co.—

4-17

9-15

(quar.)

$6

9-15

3

9-15

10-

$8.75

_____

5-1-50

8-1-50

9-15

10- 1

11- 1
10- 1
10-1
10- 1

Corporation
(irreg.)——
Corporation (quar.)__
______—.

Whiting

Disney Productions—

Warner

6

.,

1-16

Washington Water Power Co.—

6

9-15

ti5c

(quar.)

Co.

2-1-50

Paper

Motor

Woodward

9-19

1

prior preferred

$5

Whitaker
Wfrite

9-15
9-9;

10- 1

.

$1
$1.25
$1
$1.25

*

9

9-

10-17

»

5%%

1

30c

(quar.)
Ltd....
;

8-31

1

11-

convertible preferred

11-30*

43%c

common

preferred

8-31

9-20

Ward

9-15

62%c

(quar.)...:

9-20

9-23

8-31.

10-1

prior lien (quar.) ______
______
$5 prior preferred (quar.)—
Wheeling Sieel Corp., common.—_____—_

9-15

6%

9-15

10-

55c

_

1

10-

9-15

10- l
10-1

68%c

4%

on

Co.

(quar.)

common

Extra

was

25c

was

$1

—

$1

(quar.)

8-31*

25c

....

8-31

f. 9-15

•'

9-15
8-15

10- 1
9-15

25c
J25c
25c
75c

—

(quar.).————.
Ltd. (quar.)...

9-

s-a)

reported

dividend

Corp.

System,

Walker
Walt

Printing & Lithographing,
preferred

6

Extra

9-15

50c

Tobacco Co.,

S.

9-

..

Walgreen Company,

12-16

:

(increased).

9-20

Weyenberg Shoe Mfg. Co
Wheeling & Lake Erie Ry.,

Inc.

(George),

r

<

:

$1.25
50c

'

____—_

10c

(increased

previously

Latest

Electric

Waldorf

8

22%c

(«-ai____

25c

Wabasso 'Cotton

9-15

75c

Co.

8

Station)

1.

Wagner

6

9-

1-3-50

...

Potash

5%
U.

9-

9-30

1

Extra
S.

9-14

10-

$1
$1.75

(quar.)

9-

7%c

Building

incorrect.

July

$1.75

Card

Goodwill

of

8-10

25c

(quar.)

1

Wagner Baking Corp.—

60c

(quar.)
4%% preferred

Quarterly
S.
Playing

9-20

10-

(quar.)..

Extra

U.

10-14

10-

Y.)

U. S. Pipe & Foundry Co.

U.

Wacker-Wells

$1.75

...

Extra

Lines,

9-16

20c

7 % preferred
8.

10-

Brake—

$1

9-30

(The

R

J

$1

_________

(N.

—

—

Co

W

20c

common

Iron

&

9-16

Payment

...

U.

Weston

Extra

...

preferred (quar.)...
Freight Co

U.

Mold

9-30

—

(quar.)

A

B

Co.

————

$1.75

preferred

Co.,

10-

7

9-

9-15

15c

(quar.)

Co., Class

9

9-12

$2.50

Cold

$4

9

9-

1

25c

....

$7

9-

3

10-

Inc.—

United New Jersey Railroad & c.tnai uuuv.)
United Public Markets (Rhode Island) (s-a)
U.

3

10-

55c

__

;___

10-

25c

—;

...

Westmoreland

8

50c

9-

.

1

9-

50c
50c
12%c

10-14

^

9-

1

Vulcan

$1

—

Co

9-15

Westmoreland,

a

-

(quar.)

preferred

10-

9-16

1

5

Illuminating

Coal Co

.

(quar.)

$2.50
$2.50
20c
40c

——

9-15

9-

10-

United

Air

.

11- 1
2- 1'

$1.25
11-15
$1.25 2-15-50

(quar.)

A

Tablet & Stationery Corp.

Western

5%

9-20

9-15
10-15

United Fuel Investments, Ltd.—
6% class A preferred (quar.)....
Unitqd Gas Corp
...

Westinghouse

1

$1.25

(extra)

9-15

preferred

10-

9-30

■

America,
(quar.)—$1.12%

(quar.)

Co.

1

preferred A

0%

5%

156c
$15c

10-10

10c

United Biscuit Co. of

preferred

9-9

12- 1
9-1
9-1

Virginia-Carolina Chemical Corp.—
6%
participating preferred (accum.)
$1.50
Virginia Electric & Power Cq,, com. (quar.)
30c
$5 preferred
(quar.)— ———
—
$1.25
Virginian Railway, common
(quar.)
—
62%c
6%
preferred
(quar.).—
...
37%c
6%
preferred (quar.)— —————
37%c
6%
preferred (quar.)
1 37%c
6%
preferred (quar.)...—.
——,—
37%c
Visking Corporation
____________—50c
Vulcan Corporation—
$3 convertible prior preferred (quar.)
75c
Vulcan
Detinning Co., common
40c
7%
preferred (quar.)
;—
35c

(reduced q_ar.>

RR.

9-20

12-10
9-10
9-15

——

preferred (S-a).
Victor Equipment Co. (quar.).—
Viking Pump Co. (irreg.) ___—

9-20

9-15

(s-a)_.

Pacific

Western

10c

$1.25

(reduced)——..—
preferred (quar.)—

Viceroy Mfg. Co., Ltd
...
Vicksburg Shreveport & Pacific Ry. Co.—

9-12

9-12

10-

$4.50

5%

of Canada, Ltd.—
preferred (quar.)
...

4%%

9-15

Company

Corp.,

Corp.

Verney

9-22

$1
Union Stockyards Co. oi Omaha, Lcd._—85c

(quar.)____

Circuit—

2

9-22
1

preferred

Car

25c

:

10-

Union Wire Rope Corp.
United Artists Theatre

Norman

$1.50

fqu'ar.)

common

9

9-

1

$1.25

5%

Van

Vapor Heating Corp.—50c
Veeder-Root, Inc. (quar.)
———50c

9-10

9-16

50c

;

—-

Union
$6

10-

25c

(quar.)

Union Bag & Paper Corp, (quar.).^
Union Carbide & Carbon Corp
Union

1

Share

Name of Company

Payable of Rec.

When
Holdert
Payable of Rec

Per

v

Holders

When

9-20

Vapor
10-

82%c

-

Monday, September 12, 1949

CHRONICLE

rer

Share

o1 Company

8-31

9-12

50c

«...

Name

Corp.

Quarterly.

FINANCIAL

M,.r.V,

Holders

Payable of Bee.

Share

Twin Disc Clutch Co.
208

When

>Per

"

Name of Company

COMMERCIAL ' &

3%

income

tax.

dividend

Wisconsin

30%

Jamaica income

tax.

tax.

CITY DEPARTMENT

BOND PROPOSALS AND NEGOTIATIONS

ARIZONA

930—were

Maricopa County Sch. Dists. (P. O.
Phoenix), Ariz.
Bond Sale

The

$75,000 Sch.
Dist. No. 1 bonds offered
Aug. 15—
v.
170, p. 346—were awarded to
Kenneth

—

A.

Ellis

&

Co.,

of

Phoenix, and John Nuveen & Co.,
of Chicago,
jointly, as l%s, at a
price of

1.87%.
on

100.005, a basis of about
Dated Aug. 1, 1949.
Due

Aug. 1 from 1950 to 1967 inclu¬

sive.
Additional Sale—The $13,000 Sch.
Dist. No. 69 bonds offered on same
date were awarded to

awarded

Bank

the

to

of America National Trust & Sav¬

ings Association of San Francisco,
the only bidder, as follows:
$82,500

21/4S.

Due

on

Sept.

1

from 1950 to 1960 inclusive.

37,500

2V2S.

from

1961

Due
to

2%s.

30,000

from

1966

Due
to

on

1965

on

1969

Sept.

1

inclusive.

Sept.

1

Lincoln

Sch. Dist., San Joaquin
County (P. O. Stockton), Calif.
Bond Sale—The $65,000 school
bonds offered Sept. 6—v. 170, p.

basis of about 3.01%.

1, 1949.

Dated July
July 1 from 1950

Due

on

1962 inclusive.

addition

to

the

above

cou¬

1949

to

highest

Jan.

July 1,
1, 1951. The second

bidders

Dist.

for

Sch.

interest to total 3%, from Oct.
1,
1949 to July 1, 1950); for Sch. Dist.
No.

69

bonds, Henry Dahlberg &
Co., for 3%s, at a price of par.

Kings

County, Stratford Union
Elementary Sch. Dist. (P. O.
Hanford), Calif.

Bond Sale—The $150,000 school
bonds offered Sept. 6—v. 170, p.




interest

1965

inclusive. Principal
(A-O) payable at the
County Treasurer's office. A cer¬
to

1969

awarded

were

American National

California

Board of

of

the

City

Offering—Fred

Clerk,

will

bids until 10

receive

Sick,
sealed

Bank, Los Angeles,

San
Bond

W.

Sav¬

000

plant

5%

tion, of San Francisco, at a price
of 100.01, a basis of about 2.44%,

after

$48,000

Heller, Bruce & Co., for
ly-s; $12,000 as 2s, and
as 21/28, at :a
price of

Yuha

City), Calif.

Sold—An issue of

$50,000

school bonds has been sold to the
Bank

of

America

National

Savings Association, of San
Francisco, at a price of 100.09, a
basis of about 2.16%, as follows:
as 2s.
Due on July 5
1950 to 1954 inclusive.
as

2y4s.

Due

on

the

from

Trust

5

Montgomery Creek Union High
Sch. Dist., Shasta County

of

$75,000

Oct.

on

America

Savings

California,

1

at

of

National

Association

the

holder. Bidders to

option

of

in

of Los

of

O'Melveny

a

&

purchaser.

A

Myers,

certified

Pres-

leigh, County Clerk, will receive

check for 2%

of the bonds, pay¬

able

(P. O. Redding), Calif.

City,

to

the

(These bonds

were

the election held

on

is

4s.

as

Due

on

June

i

2s. Due

as

on

June 1 from

from 1955 to 1957 inclusive.

300,000

2y4s.

as

from

290,000

required.

1958

Due

to

1967

2y2s.

as

Due

on

June

1

inclusive.
on

June

from 1968 to 1976 inclusive.

Bout-

Oct.

Dated

1,

Due 15 years

redeemable

its

at

from date and
any time on and

in the amount of
Said bond shall be' ex¬
changed for not exceeding 3Vz%date,

1
-

the

bonds of

denomination

of

the City, in
$1,000, and

maturing Oct. 1, as follows: $18,000 in 1952 and 1953, $19,000 in
1954 and
1955, $20,000 in 1956,

$22,000 in 1957 and 1958, $23,000
in 1959, $24,000 in 1960 and 1961,
$25,000 in 1962, $26,000 in 1963 and

COLORADO

1964, $27,000 in 1965, $28,000 in
1966, $29,000 in 1967, and $30,000

Colorado Springs, Colo.

in

Bond

Offering—R. F. SonnekCity
Clerk, - will
receive

son,

sealed
on

bids

Sept.

until

15

for

10

the

(MST)
purchase of

a.m.

$175,000 not to exceed 21/£%

in¬

terest park bonds.

1949.

authorized at

on

Nov.

from

2, 1948.)

B.

will

terest water bonds.

Refunding

from 1950 to 1954 inclusive.

90,000

Clerk,

$400,000.

mul¬

Angeles, will be furnished

the

$150,000

the rate

name

interest, expressed in

America

follows:

as

the

tiple of y4 of 1%. The approving

to

Offering—Ruth A.

&

opinion

July

from 1955 to 1959 inclusive.

Bond

Bank

Trust

&

$25,000

Due

1950 to 1979 inclusive. Prin¬

cipal and interest (A-O) payable
at the City Treasurer's office, or
at the National City Bank, New
York City, or at any branch of

Live Oak Union School District,
Sutter County (P. O.
Bonds

1949,
Oct.

$1,000.
from

100.04.

•

Dated

is required.

Vista, Colo.

receive
(MST)
on
Sept. 14 for the purchase of
$400,000 not to exceed 3J/2% in¬

Series
B,
bonds.
1, 1949. Denomination

as

of

check

payable to

Offering—Geo.

City

works,

was

the Bank

awarded to

on

sealed bids until 7:30 p.m.

der

4%

certified

bonds,

well,

1949.

exceed

p.

A

of the

treat¬

previously
834, were

as

170,

au¬

held

$830,-

sewage

bonds,

v.

election

the City Treasurer,

National Trust & Savings Associa¬

to

in

cost.

without
for

Bond

Details—The

bonds

the

are

an

approving
Bosworth,
Dick &
Dason, of Denver, will
be
furnished
to
the
purchaser

Rafael, Calif.

Sale

at

April
5,
1949.
The
opinion
of Pershing,

interest water

1950 to 1963

a.m.

These

thorized

Monte

(not $950,000)

ment

at

office.

interest.

Supervisors, is required.
San Diego, Calif.

Bond

&

Association, of San Fran¬
at 0.61804% interest. The
second highest bidders were the
American Trust Co., San
Fran¬
cisco, at 0.77% interest, and the
0.7761%

Chairman

Trust

of

cisco,

payable

the

Bank

ings

tified check for 10% of the bonds,

to

the

to

$18,000 from 1955 to 1959 inclu¬
sive. Principal and interest (M-S)
payable at the City Treasurer's

not

Oct. 15 from

on

25,000
CALIFORNIA

5%

City), Calif.
Note Sale—The $1,500,000 tax
anticipation notes offered Aug. 30

inclusive. The second highest bid¬

Due

&

1 bonds, Refsnes,
Ely,
Co., and Associate, for
$15,000 as 3/4s; $15,000 as Is; $15,000 as l%s; $15,000 as
iy2s, and
$15,000 as l%s (plus additional

exceed

County (P. O.

Redwood

noted

No.

Beck

were:

to

not

building bonds. Dated Oct. 1, 1949.
Denomination $500. Due on Oct. 1,
as
follows: $1,000 from 1950 to
1954 inclusive; $1,500 from 1955
to 1964 inclusive, and $1,000 from

San Mateo

(PST) on Sept.
27 for the purchase of $2,250,000

$5,000

pon, the entire issue will bear in¬
terest to total 4%, from

000

834—were awarded to the County

Refsnes,
Ely, Beck & Co., of Phoenix, and
Boettcher & Co., of
Denver, joint¬
ly, as 2%s, at a price of 100.02, a

In

(PST) on
Sept. 26 for the purchase of $25,-

and interest

inclusive.

Employees Retirement Board, as
2s, at a price of 100.001, a basis of
about 1.99%.
Dated Oct. 15, 1949.

to

sealed bids until 2 p.m.

Dated Sept. 1,
Denomination $1,000.
Due

Sept.
1950

1,
to

as

follows:

1954

$17,000

inclusive, and

1968.

1960 to
in

their

All bonds maturing in
1968, shall be redeemable

inverse

numerical

order

at the

option of the City on Oct. 1,
1959, or on any interest payment
date thereafter, at a price of the
par

value

interest
tion.

to

The

thereof
the

with

date

approving

of

accrued

redemp¬

opinion

of

Volume

170

COMMERCIAL

THE

Number 4837

V

Myles
will

P.

Tallmadge

furnished

be

the

of

City.

of

A

Denver,

1962,

$49,000

in

the

at

expense

1964,

$52,000

in

check

1966,

$55,000

City

1968,

$59,000

in
in
in
in
in

certified

for

$10,000, payable to
'ireasurer, is required,

the

1970,

CONNECTICUT
.

Joseph A.

—

Aaorno, State Treasurer, will
ceive

sealed

(EST)

on

of

bids

necticut

bonds,

until

noon

University

coupon

divided

of Con¬
registered

or

follows:

as

15,

from

follows:

as

1050

to

$180,000

1979

on

$185,000

1969

and

,

inclusive,

inclusive.

from

1970

to

$70,000

in

1977.

Bids
same

time

$73,000

for

bonds

maturing

in

the

1954 to 1977. The bonds ma¬

years

turing in the

1958 and there¬

year

after shall be callable for retire¬
ment

prior to maturity on Dec. 1,
1957, or on any interest paying

the

of

to

name

interest, expressed in

multiple of

a

Bidders

thereafter.
rate

Va

1/10 or

of

Principal and interest (J-D)

1%.

building bonds. Due on
Oct. 15, as follows: $50,000
from 1950 to 1968 inclusive,
and $30,000 in 1969.

urer's

office

the

at

or

Connecticut

Trust

Hartford-

Co.,

Hartford,
pr at the Manufacturers Trust Co.,
New York City.. Bidders to name
the rate of

interest, expressed in

multiple of J/g of 1%.

a

proving opinion

The ap¬

Storey, Thorn-

dike, Palmer & Dodge, of Bos¬
ton, will be furnished to the purChaser

without cost.

check for $125,000,

certified

A

payable to the

State, is required.
Connecticut

(State of)

Note Sale—The $10,000,000 first
series anticipation notes (Rental

Housing) offered on Sept. 8—v.
170, p. 834—were awarded to a
group composed of the Guaranty
Tiust Co., and C. J. Devine & Co.,
both of New York; Harris Trust &
Savings Bank, Chicago, and the
Mercantile-Commerce

&

Bank

Trust

Co., St. Louis, at 6% in¬
terest, plus a premium of $554,Notes

641.15.

dated

are

1949 and mature

Sept. 15,

Sept: 15, 1950.
The Branch Banking & Trust Co.,
of Wilson,
N. C., was the sec¬
ond high bidder, naming a rate of
6%, plus a premium of $529,545.
on

Portland; Paine, Webber,
&
Curtis
of
Chicago;
Trust Company of Georgia of At¬
Jackson

lanta; Marine Trust Co. of Buf¬
falo; Andrews & Wells, Inc., of
New York; and Laird & Co. of
Wilmington, as 2s, ac a price of
100.65, a basis of about 1.93%, as

New York
to the

required.

Bond Offering—Alfred B. BowTown

ceive

sealed

will

Treasurer,

office

bids at the

of

750 Main

& Howard,

Day, Perry

re¬

St., Hartford, until 2 p.m. (DST)
Sept. 12 for the purchase of
$378,000
school,
issue
of
1949,
coupon bonds.
Dated Oct. 1, 1949.
Denomination
$1,000.
Due
on
on

Oct.

1,

as

1950

to

1967

in

000
the

$20,000 from
inclusive, and $18,-

follows:

1968.
of

rate

Bidders

to

name

interest, expressed in

Fla.

check

certified

$5,000, payable
required.

the

to

1961r inclu¬

1954 to

"000 from

sive; $41,000 in 1962 and 1963;

$42,000 from 1964 to 1968 in¬
Dated Aug.

$1,000. Principal and interest
(F-A) payable at the Chemical,
Bank & Trust Co., New York City
Bidders to name the rate of in¬
terest, expressed in a multiple of
Va of 1%. The approving opinion
of Caldwell, Marshall, Trimble &

Mitchell, of New York City, will
be furnished to the purchaser. A
certified check
for 2%
of the
quired.

until 4 p.m.

the

Tor

•13
•not

1949

purchase

exceed

to

Sept.
$490,000

(DST)

2%

on

of

interest school

bonds. Dated Oct. 1,
Due

coupon

GEORGIA

Oct. 1 from 1950 to
1959 inclusive. Principal and in¬
terest (A-O) payable at the First
National Bank, of Boston.
Bid¬

$49,000

name

in

^expressed
or

the rate of interest,
a

multiple of 1/10

■% of 1%. The approving opin¬

ion of

Storey, Thorndike, Palmer

Dodge, of Boston, will be fur¬

&

nished to the

purchaser.

FLORIDA

1463, Cocoa), Fla.

Box

The $755,000

—

Series

revenue,

Sept. 6

170, p. 835—were awarded to
Wood,
Struthers
&
Co.,
and

will

Chairman,
until

bids

2

receive

sealed

(EST) on Sept.
29 for the purchase of $1,365,000
not to exceed ZVz% Canaveral Port
District
Dec.

000.

Due

000

in

000

in

000 in

revenue

1947.

1,

Dec.

bonds.

Dated

Denomination
1,

as

$1,-

follows: $35,-

1952, $36,000 in

1953, $38,-

1954. $39,000 in 1955, $40,1956

$41,000 in

1957, $42,-

1n 1958, $44,000 in 1959, $45,000

1960,

$46,000

in

1961,

$48,000




1952

&

on

inclusive,

and

National

Bankers

Bank,

1954 to

1957, $8,000 in 1958 to
$9,000 in 1962, $10,000

of 100.25, a
Dated July
1, 1949. Due on July 1. 1959. The
second highest bidder was Halsey,
&

Stuart;

Co.;

Lehman

Bros.;

Glore, Forgan & Co.; Blair & Co.,
Pneips, Fenn & Co., Equita¬
Braun, Bos-

inc.;

ble Securities Corp.;
worth &

Co.; John Nuveen & Co.;
Co.; Milwaukee; Otis
& Co.; Martin, Burns & Corbett;
Mullaney, Wells & Co.; and F. S.
Y"antis & Co., jointly, for 2s, at a
Milwaukee

and

Offering

—

not to
exceed 3% interest school site and

purchase

1949.
Dec.
1951

of

$750,000

Dated Sept. 1,
Denomination $1,000. Due on
15, as follows: $20,000 from
to 1955 inclusive; $25,000 in

bonds.

195-7 and

1957; $45,000 in 1958 and

Bidders to name
expressed in
a multiple of Va of 1%.
The ap¬
proving opinion of Chapman &
Cutler, of Chicago, will be fur¬
the rate of interest,

Hawaii (Territory
Bond

Offering

Brown,
sealed

Treasurer,
bids

the

at

of)

William

—

will

B.

receive

Bankers

Trust

nished

to

the

purchaser

without
certified check for $10,000,

Street, New York cost. A
(EST) on Sept.! payable to the Township
28 for the purchase of $8,000,000 Treasurer, is required.
public improvement,
Series
A,
Galesburg, III.
Issue of 1949 bonds.
Dated Oct.

Co., 16 Wall
City, until 10

Oct.

from

1.

1952

a.m.

follows.

as

to

1968

$445,000

inclusive, and

the rate of

name

a

multiple

cipal

and

office

of

interest, expressed in
of

1/10

of

1%.

interest payable
the

Treasurer

Prin¬
at the

of

the

Territory of Hawaii, in Honolulu,
or, at the option of the holder, at
the
Bankers
Trust
Co.,
New
York City.
The approving opin¬
ion of Wood, King & Dawson, of
New
York
City, will
be
fur¬
nished

in

cost.

in

the

to

the

purchaser

A certified

without

check for 2%

bonds is required.

of

School

expense

of

bonds

$900,000 water
offered Sept. 6—

awarded to
Smith, Barney & Co. of New
York; Bacon, Whipple & Co., and
Kebbon, McCormick & Co., both
of Chicago, jointly, as 2V4S, at a
price of 100.08, a basis of about
v.

170,

930—were

Dated

May 1, 1949.
1950 to 1979 inclusive.

2.24%.
from

p.

Due
The

the

School Town,

Sale—The

highest

bidder

was

F.

Details—The

addition

$7,500
purchased

bonds

by the Union State Bank of Mo¬
nona, as 2s, at a price of par, as
previously noted in v. 170, p. 931,
are in the denomination of $500,
and

due

are

follows:

as

$1,000

on

1950; $1,500 on Feb. and
$1,000 on Aug. 1 in 1951 and 1952,
and $1,500 on Feb. 1, 1953.

Aug. 1,

Sioux

U Bond

City, Ia.

Offering—C.

A.

Carlson,

City Treasurer, will receive sealed
bids until 2 p.m. (CST) on Sept.
20 for the purchase of $250,000
bonds, divided as follows:
$100,000 sewer bonds. Due

Dec.

on

follows: $30,000 in 1951,
and $35,000 in 1952 and 1953.
50,000
flood
protection bonds.
Due $10,000 on June 1 from
1,

as

1955 inclusive.

to

1951

water revenue b b n d s.
Due on Nov. 1, as follows:
$20,000 in 1950, and $40,000

100,000

is

in

1952.

and

1951

build¬
Dated Aug. 1, 1949. Denomina¬
ing bonds offered Sept. 6—v. 170,
tion $1,000. Principal and interest
p. 931—Were awarded to Raffenpayable at the City Treasurer's
sperger, Hughes & Co. of India¬
office.
The approving opinion of
napolis, as l%s, at a price of
Chapman & Cutler, of Chicago,
100.63, a basis of about 1.63%.
will be furnished to the purchaser
Dated July 1, 1949.
Due on Jan.
without cost.
A certified, check
1 and July 1 from 1951 to 1957
for 2% is required.
inclusive. The second highest bid¬
der

was

l%s, at

$45,000

John Nuveen & Co., for
a

Twp. (P. O.
Merrillville), Ind.
Bond Offering—Teddy R. HouchTwp., Sch.

will

Trustee,

receive

sealed

bids until 8 p.m. (CST) on Sept.
12 for the purchase of $98,000 not
to

exceed

bonds.

3%

interest

building

Dated

July 1, 1949. De¬
$1,000. Due $7,000 on

nomination

from

July 1

1950 to

1963 inclu¬

sive. Bidders to name the rate of

interest, expressed in a multiple
of Va of 1%, principal and interest
(J-J)
tional

Waterloo Indep.
J

price of 100.31.

payable at the First
Bank, Crown Point.

Na¬
The

Spencer Twp. Sch. Twp. (P. O.
Hayden), Ind.

Sch. Dist., I a.
A. Ralston,

Offering—E.

Bond

Secretary of the Board of Direc¬
tors,will receive sealed bids until
2 p.m. (CST) on Sept. 20 for the

purchase of $5,000,000 not to ex¬
ceed 5% interest building bonds.

Denomination
$100,000 on May 1
in
1951 and
1952;

Dated Nov. 1, 1949.

$1,000.
and

Due
1

Nov.

$125,000 on May and Nov. 1 from
1953
and
1968
inclusive,
and

$150,000

May

on

to

Bidders

1969.

1

Nov.

and

name

the

1,

rate

expressed in a multi¬
ple of Vs of 1%.
Principal and
interest
(M-N)
payable at the

of interest,

Treasurer's

District

The

office.

approving opinion of'Chapman &
Cutler of Chicago will be fur¬
nished to the purchaser.
A cer¬
tified check fcr 1% of the bonds,

payable

J; Burk,

A.

to

District

Treasurer, is required.

,

Bond

Offering—Joseph

KENTUCKY

N.

Sept. 19 for the purchase of $15,000 not to exceed 5% interest im¬

$750 on June 30 and Dec. 30 from
1950 to 1959 inclusive. Bidders to
name

the

rate

of

interest,

ex¬

multiple of Va of 1%.
The approving opinion of Ross,
McCord, Ice & Miller, of Indian¬
apolis, will be furnished to; the
purchaser to the expense of the
School
Township.
A
certified
check
for $750,
payable to the
pressed in a

School

(P.

County

Johnson

Megel, Secretary of the Township
Advisory Board, will receive
sealed bids until 8 p.m. (CST) on

^ownship, is required.
S.
Washington Twp. (P. O. R. R.
Moseley & Co.; White, Weld &
No. 3, Logansport), Ind.
Co.; B. J. Van Ingen & Co.; Julien
Bond Offering—Charles Steph¬
Collins & Co., and J. M. Dain &
Co., jointly for $200,000 as 2VfcsJ enson, Township Trustee, will re¬
and $700,000 as 2V4S. at a price of ceive sealed bids until 7:30 p.m.
(CST) on Sept. 15 for the pur¬
100.08, a basis of about 2.32%.
second

the

name

Indep. Sch. Dist., Ia.

Sale

Bond

school

the

provement 1949 bonds. Dated Oct.
1, 1949. Denomination $750. Due

Bond Sale—The
revenue

Monona

Highland School Town, Ind.
Bond

in,

Eva Schultz,

Bidders to

of

IOWA

purchaser at the

County Sch. Dist. No. 44

building

rate

1984.

Ross

(P. O. Lombard), III.
Bond

tion $1,000.

Dated June 1, 1949. Denomina¬

price of 100.42.
Du Page

Dated Aug. 15, 1949. Denomina¬

interest^ expressed in a
1961,
multiple of Va of 1%. Interest
in
1963
to
1966, $11,000 in (J-J). The approving opinion of
1967 to 1969, $12,000 in 1970 Ross, McCord,
Ice & Miller, of
and
1971, $13,000
in 1972, Indianapolis, will be furnished to
$14,000 in 1973 to 1975, $15,- the purchaser at the expense of
000 in 1976 and 1977, $16,000 the Township.
A certified check
in 1978, $17,000 in 1979, $18,- for $500 for each issue, payable
000 in 1980 and 1981, $19,000 to the Township, is required.
in 1982, and $20,000 in 1983

price

a

basis of aboujt 1.84%.e

1969 inclusive.

60,000 Civil Twp. bonds. Due $2,000 on July 1, 1951; $1,000 on
Jan. 1 and $2,000 on July 1

•Board. A certified check for $300,

at

l%s,

as

exceed

to

from 1966 to 1969 inclusive.

379,000 improvement bonds. Due
Dec. 1, as follows: $7,000 in

Trust

Co.,

not

$65,000 School Twp. bonds.
Due
$1,000 on July 1, 1951; $2,000
on Jan. 1 and $1,000 on
July
1 from 1952 to 1959 inclusive,
and $2,000 on Jan. 1 and July

$6,000 in 1953.

1,

Chicago bank.

HAWAII

$435,000 in 1969. Bidders to

p.m.

to

$125,000

1 from 1960 to

bonds. Due

Dec. 1, as follows: $5,000 from
1950

of

51

4% interest bonds, divided as fol¬
lows:

follows:

as

Bramhall, Barbour & Co., both of
1959; $50,COO from 1960 to 1963; approving opinion of Chapman &
New York, jointly, at a price of
Cutler, of Chicago, will be fur¬
$55,000 from 1964 to 1967 inclu¬
105.17, a basis of about 2.03%.:
nished.
A certified check for" $3,sive; $60,000 in 1968, and $30,000
Dated Aug. 1, 1949. Due on Aug. 1
000 payable to the School Town¬
on Sept.
1, 1969.
Principal and
from 1950 to 1969 inclusive.
ship, is required.
interest
fJ-D) payable at some

'

Bond Offering—A. Fortenberry,

Chicago,

both of New York;
A. C. Allyn & Co., and
Stifel, payable to
Nicolaus & Co., both of Chicago, .required.

—v.

on

O*

of

$21,000 refunding

July 1, 1949. The second
bidder
was
Harriman

Bank

Trust'

1, 1949. Denomination $1,000. Due

/

TJanavedrtd Port Authority (P.
<.

Sale

on

ders to

auiy

Inc.; Smith, Barney & Co.; First
Boston Corp.; The Illinois Com¬
pany,
Chicago; Mercantile-Com¬

the

Ga.

Atlanta,
Certificate

Denomination $1,000.

1949.

on

Secretary of the Board of Educa¬
tion, will receive sealed bids until
7:S0 p.m. (CST) on Sept. 13 for

...

A 1949 certificates offered

*

all

& Co., Inc.; Blyth & Co.,

Ripley

the City, is re¬

bonds, payable to

is 2V2% water works

Westport, Conn.
Bond Offering—The Board of
Selectmen
will
receive
sealed
bids

1949. Denomina¬

1,

tion

for

Town,

Dated

highest

Chase

Howard, of Hartford, will be
A

Peoria, Barcus, Kindred & Co.,
Municipal Bond Corp., J. T. Swartz
& Co., and Benjamin Lewis & Co.,

1969.

merce

831,000 white way lighting sys¬
tem, Series 2 bonds.
Due on
Aug. 1, as follows: $36,000 in
1950; $35,000 in 1951; $44,000
in 1952; $45,000 in 1953; $42,-

multiple of 1/20 of 1%.
The
approving opinion of Day, Berry
furnished.

posed of Negley, Jens & Rowe, of

tion $1,000. Principal and interest
Co., St. (J-D) payable at the Northern
Offering—C. W. Tomlin- Louis; A. G. Becker & Co.; F. S. Trust
Co., Chicago.
Legality ap¬
son,
City
Clerk,
will
receive Moseley & Co.; First of Michigan proved by Charles & Trauernicht,
sealed bids until 11 a.m. (EST) on Corporation; Stern Bros. & Co.; of St. Louis.
Sept. 28 for the purchase of $1,- Bacon, Whipple & Co.; Kebbon,
INDIANA
481,000 not to exceed 3%% in¬ McCormick & Co.; Roosevelt &
terest public improvement coupon Cross;
Field, Richards
&
Co.;
East Gary School Town, Ind.
bonds, divided as follows;
McDonald & Co.; R. S. Dickson &
Bond Offering — The Board of
$650,000 storm sewer, Series
1 Co.; First National Bank, Min¬ School
Trustees
will
receive
bonds.
Due Aug. 1, as fol¬ neapolis; First National Bank, St.
sealed bids until 8 p.m. (CST) on
lows: $3,000 in 1950, $1,000 in Paul; J. M. Dain &
Co.; Sills,
Sept. 21 for the purchase of $16,1951,
$5,000
in
1952
and Fairman & Harris; and McMaster 000 not to exceed 4% interest im¬
1953, $18,000 in 1954, $13,000 Hutchinson & Co., jointly, for 2s,
provement of 1949 bonds. Dated
in 1955, $20,000 in 1956, $18,- at a price of 100.36.
Aug. 15, 1949. Denomination $1,000 in 1957, $28,000 in 1958,
Due $1,000 on July 1, 1950,
Cook County, Forest Preserve Dist. 000.
$22,000 in 1959, $31,000 in
and $1,000 on Jan. 1 and July 1
(P. O. Chicago), III.
1960, $13,000 in 1961, $5,000 in
Bond Sale—The $750,000 work¬ from 1951 to Jan. 1, 1958 inclu¬
1962 and 1963, $30,000 in 1964
sive.
The approving opinion of
ing cash fund bonds offered Sept.
$92,000 in 1965 and 1966, $84,7—v. 170, p. 835—were awarded Ice, McCord & Miller, of Indian¬
000 in 1967, $85,000 in 1968,
to a syndicate composed
of the apolis, Will be furnished to the
and $80,000 in 1969.
Miami Beach,

a

&

Due

$400,-

4% sewerage revenue bonds
has been sold to a syndicate com¬

1,600,000 highway working cash
bonus.

of

000

$4,500,000 working cash fund, 1949
bonds. Due on July 1, 1959.
funrt

chase

issue

Bond

clusive, and $43,000 in 1969.

den,

Bonds Sold^—An

follows:

Marshall, Trimble & Mitchell, of

East Haven, Conn.

'[

—

Bank of

Co., New York City. The
approving opinion of Caldwell,

the Port Authority, is

payable M the State Treas-*

saie

offered

Bank, Chemical Bank & Trust Co.,
both of New York; First National

pay¬

terest

Marion, III.

Tile
$6,100,000
Sept, 7—v. 170, p.
835—were awarded to a syndicate
composed of
tne National
City
Bona

(1027)

' -

.

,

County (P. O. Chicago), III.

bonds

able at the Central Hanover Bank

Dated Oct. 15, 1949. Denomina¬
tion
$1,000.
Principal
and
in¬

CHRONICLE

•.

•

ILLINOIS
Cook

City, will be furnished
purchaser at the expense of
the Authority.
A certified check
for 2% of the bonds, payable to

:

FINANCIAL

&

.

& Trust

980 000
.

and

date

$5,500,000 building bonds. Due
Oct.

1976,

re¬

Oct. 6 for the purchase

$6,480,000

$66,000

■

in
in
in
in
in
in
in

1963, $50,000
1965, $54,000
1967, $57,000
1969, $60,000
1971, $64,000
1973, $68,000
1975, $72,000

will also be received at the

Connecticut (State of)
Bond Offering

$62,000

1972,
1974,

r.

•

O.

Paintsville), Ky.
Bond

S

a

1

e

—

The

$300,000

school building revenue bonds of¬
fered

Sept. 6—v. 170, p. 931—were
to Pobl & Co., of Cin¬

awarded

cinnati, as 3s, 3 'As, and S^s, at
price of 100.011. Dated July 1,
1949 and due on July 1 from 1951
to 1974 inclusive. Callable on any
a

payment date after July 1,
hieh bid of 100.003,
for 3V2S and 3%s was made by
interest
1954.

Second

Fox, Reusch & Co., of
Louisville

and

Cincinnati.

Jefferson

County

MetroOoVtan Sewerage District

(P. O. Louisville), Ky.
Paying Agent — Bankers Trust
Company has been appointed

New

Paying Agent for $4,000,000
Louisville and Jefferson County;

Y'ork

Kentucky.
District

Metropolitan
Sewer
bonds (se¬

sewer revenue

ries 1949),

having various interest

52

rates,

due

issue

the

to

Barnstable,

syndicate headed
by Blyth & Co., Inc., New York,
appeared in v. 170, p. 931.
Ohio

a

Bond

Sept. 6

(DST).

^00

Due

from 1951 to 1966 inclusive.

Due on March 1
from 1967 to 1970 inclusive.

28,000

3V2S.

as

second

The

Bankers

highest bidder

was

Co.,

<100 in

in the

reverse

bering

whole

a

Ripley & Co., Inc.,
York, as 2s, at a price of
101.287, a basis of about 1.832%.
Second high bid of 101.28 for 2s
was made by Estabrook & Co.
Sale

consisted

bonds.

1959
from

Not

Sold—The
exceed

school

bonds

170,

accepted.

were

,

inclusive.

from

1960

to

National Bank, Boston. Le¬
gality aproved by Storey, Thorndike, Palmer & Dodge, of Boston.

Lawrence, Mass.
Sale—The $160,000 mu¬
nicipal relief, Act of 1949, first
issue bonds offered Sept. 7—v.
170, p. 932—were awarded to the
Arlington Trust Co. of Lawrence,
as Is, at a price of
100.25, a basis
of about 0.90%,
Dated Sept. 1,'
1949. Due on Sept. 1 from 1950 to

;

Bond

La

Parish School District

Salle
No. 5

(P. O. Jena), La. 7

Certificate Sale
certificates

—

offered

The $71,000

Sept.

3

were

awarded to the Bank of Jena, and
the La Salle State Bank, of Jena,

jointly,

as

Winn

.

Parish

(P.

School

Winn field),

O.

1953 inclusive.

Districts

La.

Cambridge)+ Mass.

;

awarded to Scharff &

were

of New

Orleans,

$30,000 New

as

Calvin

bonds.

Due

receive

Sch.

!

Due

July

on

Dist.

Sch.

1965 inclusive.

/

of

Sept.

16,

1949.

bonds.

Dodge,

11

a.m.

for the pur¬

approving opinion

of

of

Palmer
&
will be fur¬

Boston,

'

Anne Arundel

County (P. O.
Annapolis), Md. /

Palmer & Dodge, of Boston.

vali, President of the Board
County Commissioners, will
,

ceive
chase

4%

bids

sealed

<DST)

Revere Housing

Offering—Weems R. Du-

on

of

until

11

Note

of

bids

a.m.

capital improvement
•of 1949 coupon bonds. Dated Sept.
1, 1949. Denomination $1,000. Due
$36,000 on Sept. 1 from 1950 to

theNational

Principal and in¬
(M-S) payable at the Ann¬

Boston.

furnished

without
for

cost.

$18,000

of
A

certified

bond

is required.

sioners, will receive
the

000

$50,^0

on

Oct. 1 from 1950 to 1963
Principal and interest
Easton

payable

at

JEaston.

Bidders to name

of

interest,
tiple of Va

to

expressed in a mul¬
1/10 of 1%.
The

a.m.

1

Due

from




1951 to 1955 inclusive.

to

made

by a group composed of
Kidder, Peabody & Co., Braun,
Bosworth
&
Co.,
Inc,
Fahey,
&

Clark

McDonald-

and

Co.,

Moore & Co.

on

Oct.

1

from

Oct.

Note Offering—Leora M.

Treasurer,' will

County

until

bids

sealed

Sept.

of

the

15

10

to

$45,000 lateral

coupon

follows:

a.m.

mium
called

Bidders

interest,

June

to

1

y4 of 1%.
Principal and in¬
(J-D) payable at the State
Savings Bank of Fenton. ; The'

approving
opinion
of
Miller,
Canfield, Paadock & Stone, of
Detroit, will be furnished to the
purchaser. A certified check for
2%

of the

bonds, payable to the
Treasurer, is required.
,

Frenchtown

from

1950

to

Bailey,
receive
(EST)

Twp. Sch. Dist. No. 9

1954

Bond

Offering — Louis Knapp,
Director, will receive sealed bids
until 8 p.m.

bonds.

City in Detroit,
New York City. Bid¬

(EST)

Sept. 15 for

on

the purchase of $15,000 not to ex¬
ceed 5% interest building coupon
nomination

the

100 Cole Road,

Monroe), Mich.

cial

of

of

rate

multiple

a

terest

(P. O.

inclusive.

bank

the

name

expressed in

of

from 1950 to 1954 inclusive.

on

redemption after June

sewer,

1,025,000 street and, alley paving,
Series O bonds.
Due $205,000
>

lor

1, 1959.

District

Series
N
Due $9,000 on June 1

bonds.

1, 1957, but on or
June 1, 1959; and no pre¬
shall
be
paid on
bonds

prior to

Dated

May 1, 1949.
De¬
$1,000. Due $3,000 on

interest,
expressed in ,a multiple of % of

May 1 from 1950 to 1954 inclusive*
Bonds maturing in 1953 and 1954
may be redeemed at the option of

to the

par

Chicago,
ders to

or

the rate of

name

1%.
The approving opinion of the District, in inverse numerical
Miller,
Canfield,
Paddock
& order, on any interest payment
Stone, of Detroit, will be furnished date on or after May 1, 1950, at

purchaser. A certified check

for

$21,000, payable to
Treasurer, is required.

the

City

and

accrued

fixed

date

for

Twp. Sch. Dist. No.
(P. O. Elsie), Mich.
;

2
;

Bond

Offering—Carl A. Hovey,
Secretary of the Board of Educa¬
tion, will receive sealed bids un¬
til

8

p.m. (EST)
purchase of

exceed

4%

on

Sept.

$50,000

15 for
not

to

interest building cou¬

bonds.

Dated

Sept. 1, 1949.
Denomination $1,000. Due $5 000
April 1, 1950 to 1959. Bonds ma¬
turing in 1954 to 1959 may be re¬
pon

deemed at the option of the Dis¬
trict in inverse numerical order

interest payment date on
April 1, 1953, at par and

any

after

for

redemption,

for each bond
lows:

$20 00

plus

premium

a

redeemed

so

each

on

the

to

Bid¬

ders to name the rate of

interest,
multiple of % of
1%. Principal and interest (M-N)

expressed in
Duplain

the

interest

redemption.

payable at the Monroe State Sav¬
ings Bank, Monroe. The approve
ing opinion of some market at¬
torney shall be furnished by the
purchaser at his own expense. A
certified check for $500, payable
to

the

District

Treasurer, is

re¬

quired. '
Grand Blanc Tu)p. Frac. Sch. Dist.
No. 2 (P. O. Grand Blanc),

Michigan
Note

Offering «— H. S. Lund,
Secretary of the Board of Educa¬

tion, will receive sealed bids until
8 p.m.

(EST) on Sept. 12 for the
purchase of $32,000 not to exceed

fol¬

3% interest tax anticipation notes*

called

Dated Sept. 15, 1949.
Due on
April 15, 1950. Prin. and int. pay¬
able at the First State & Savings

as

bond

a

for

for

redemption on or after April
1, 1954, but prior to April 1, 1955,
$10.00 for each bond called for

Bank, Grand Blanc. The approv¬
ing opinion of some market at¬

redemption on or after April 1,
1955, but prior to April 1, 1956,

purchaser at his

$5.00

notes, payable to the District, is

Sept. 1, 1949. Due on Feb. 1, 1950.

Principal and interest payable at
the Bellaire State Bank, Bellaire.
The approving opinion of some
market
attorney shall
be fur¬
nished by the purchaser, at his
own expense.
A certified check
for 2% of the notes, payable to
the County Treasurer, is required.
Axe

of

Sch.

the

Board

will

until

pm.

bids

8

Sept. 15 for the pur¬
$350,000 high school

on
of

chase

Secretary

Education

of

sealed

receive

Mich.

Dist.,

Offering—The

Bond

building bonds.

Barry County (P. O.
Hastings), Mich.
Note Sale—The $40,000 tax an¬
ticipation notes offered Aug. 29—
v.
170, p. 836—were awarded to

&

Shannon

Jones B.

Co., of De¬

troit, at 2V4% interest, plus a pre¬
mium of $5.30.
Dated Sept. 1,
1949.
Due on March 1, 1950.
;
Dearborn, Mich.
Bond Sale—The $180,000

special

Sept.

170, p. 932—were awarded
to Ryan, Sutherland & Co., To¬
ledo, as 1 y2s, at a price of 100.18,
basis

of

1.468%.

about

1949 and due

Sept. 1,

each bond called for

mium

shall
be
paid
called for redemption

re¬

on
on

or

after

public

Mich.

offered

Sept.

7—v.

932—were awarded to

composed

of

H

the

170,
syndi¬
National
a

City Bank of New York; Paine,
Webber, Jackson & Curtis of Chi¬
cago;

Roosevelt & Cross of New

York, and Hayden, Miller & Co
of Cleveland, at a price of 100.04,
a

basis of about 2.33%, as

$214,000

as

Due

on

follows:
Feb.

1

1950 to 1956 inclusive.

>! from

520,000

4s.

as

from

1,236,000

2y>s.

1957

as

to 1965

2y4s.

from 1966

Due

to

on

Feb.

Twp. Sch. Dist. No. S
(P. O. 1454 Petts Road,
Fenton), Mich.
Bond Offering—Claude A. Co-

inclusive.

Due on Feb. 1
1978 Inclusive.

;"

by the

own expense. A
for
2%
of
the

;

-

:

*f

Kalamazoo, Mich.
Bond

Offering—Marie

Fi-

K.

will

receive
sealed bids until 7:30 p.m. (EST)
on
Sept. 19 for the purchase of
$225,000 not to exceed 3% interest
City

larski,

Clerk,

re¬

of

rate

Bidders

interest,

to

name

expressed

the

in

a

Va of 1 %.
The ap¬
opinion of Miller/ Can-

multiple of
proving

field,
troit,

of De¬
to the
of the

Paddock & Stone,
will be furnished

bids
until
5
p.m. purchaser at the expense
Sept. 13 for the pur^
^CityF A certified check for $4,500,
chase of $90,000 not to exceed 4*% payable to the City Treasurer, is
sealed

(EST)

on

interest

coupon
bonds/ required. - v7"'; •'7 ',! 7
7. ■■ ;■ ■,
1, 1949.
Denomina¬
7 Melrose Twp. Unit Sch. Dist.
$1,000.
Due June 1, as fol¬
CP. O. Walloon Lake), Mich, v
lows: $5,000 in 1951 and 1952, artd
rBond Sale—The $90,000 school
$10,000 in 1953 to 1960. Bonds ma';
bonds offered Sept. 2—v. 170, p,
turing in the years 1956 to 1960p
836
were
awarded
to
Paine,
may be redeemed at the option of
Webber,
Jackson
&
Curtis, of
the District, in inverse numeri¬
Grand Rapids, at a price of 100.01,
cal order on any
interest pay¬

Dated

building

June

tion

—

—

ment

date

1955, at
1

required.

Kalamazoo.

Fenton

ceive

series

sewer

check

certified

bonds

,

Sale—The $2,000,000 non-

Bond

callable

torney shall be furnished

April 1, 1957. Bidders to name the
rate of interest,
expressed in a
multiple of % of 1%. Principal
and interest (A-O) payable at a automobile
parking system rev¬
bank
or
trust
company
to
be enue coupon bonds.
Dated Oct.
designated by the purchaser. The 1,
1949.
Denomination
$1,000.
approving opinion of Miller, Can- Due Oct. 1, as follows: $40 000-in
field, Paddock & Stone, of Detroit, 1950 and 1951, $45,000 in 1952, and
will be furnished to the purchaser
$50,000 in 1953 and 1954.
The
without cost. A certified check for bonds shall be
registerable as to
$1,000
payable to the District principal only on the books of
Treasurer, is required.
the City Treasurer. Bonds matur¬
ing in 1953 and 1954, shall be
Egleetoh Twp. Sch. Dist. No. 2
subject to redemption at the op¬
(P. O. Hall Road R. No. 4,
tion of the City in inverse nu¬
Muskegon), Mich.
merical
order, on any interest
Bonds Note Sold—The $15,000
payment date on or after Oct. 1,
not to exceed 4% interest school
bonds offered Sept. 1—v. 170, p. 1951, at par and accrued interest
to date of redemption. Principal
737—were
not sold, as no
bids
and interest (A-O) payable at the
were
received.
(The bonds will
First National Bank & Trust Co.,
be offered at private sale.)

March 1

on

on

demption on or after April 1,1956,
but prior to April 1, 1957. No pre¬

hoon, District Secretary, will

cate

name

redemption prior to April 1,
1954, $15.00 on each bond called

Dated

from 1950 to 1959 inclusive.

1950

and interest

Bidders

assessment
as

accrued interest to the date fixed

the purchase

for

a.m.

called for redemp¬

of

p.

1, 1949. Denomina-*

holder.y

special

on

O.

Mich.

Bellaire),

Due

/

'

terest

or

County (P.

Antrim

bonds

bonds.

payable at the National Shawmut
Bank, of Boston, or at the City
Treasurer's office, at the option
:

dated Sept.

are

1, 1949. Second high bid of 100.149
for $1,125,000 iy4s and $475,000 Is,
or
a
net cost of 1.08336%, was

$40,-

1950

the rate of interest, exjtfessed in
approving opinion of Niles, Bar¬ ,a multiple of y4 of 1%.
The ap¬
ton, Morrow & Yost, of Baltimore, proving opinion of Storey, Thorn¬
will be furnished to the purchaser dike, Palmer &
Dodge, of Boston,
1
without cost.
will be furnished to the
purchaser.
or

1, 1950.
Due on Feb. 1 from

Detroit,

bonds.

Oct.

:j tion $1,000. Principal

National
the rate

about

Due Feb.

All of the bonds

receive

(EST)
Sept. 15 for the purchase of
$1,070,000 not to exceed 3% in¬

follows:

as

follows:

1954 .inclusive.

Dated

11

inclusive.

$12,000

1, 1949.Due

Inclusive."

of

cost

assessment bonds offered on

.

until

'60,000 equipment

interest publiG school

Dated Oct.

bids

water
on

1954

bids

'

4%

of

Sept. 13 for the pur¬
$260,000 coupon bonds,

as

$200,000

(EST) on Sept. 28 for
purchase of $700,000 not to

exceed

on

of

divided

1 p.m.

trends.

Bank

approving opinion of

sealed

(DST)

sealed

1.0148%,

$130,000 2%s.

a

chase

E.

interest

net

6—v.

Sharp, President County Commis¬
initil

falo, H. V. Sattley & Co., De¬
troit, and Hayden, Miller & Co.,
Cleveland, at a price of 100.0065,

ceive

Talbot County (P. O.

.

posed of the Northern Trust Co.,

Salem, Mass.
Bond Offering — Arthur T.
Brennan, City Treasurer, will re¬

check

Easton), Md.
Offering — William

Shawmut

building bonds of-

Sept.

Chicago, Chase National Bank of
New York, Marine Trust Co., Buf¬

a

will
10

until

bond

tion alter June

(J-D) payable at the current offi¬

$1,600,000

8—v.
170, p. 932—
awarded to a syndicate com¬

State

,

will
purchaser

the

The

the successful bidder. '7

Baltimore,

to

lered

The

—

series I school

Sullivan, Donovan & Heenehan of
New York City, will be furnished

Banking
&
Trust
Co.,
Annapolis.
The approving opin¬
ion of Niles, Barton, Morrow &
Yost, of Baltimore, and of Albert

Goodman,

the

Dated Sept.
26, 1949. Due on Sept. 26, 1950.
Principal and interest payable at

apolis

be

of

000 first series notes.

1974 inclusive.

J.

office

Housing
Board,
18
Tremont
Street, until 11 a.m. (DST) on
Sept. 15 for the purchase of $100,-

Sept. 21 for the pur¬
$900,000 not to'exceed

interest

terest

the

Sale

bids

tion $1,000. Principal and interest

Mich.

Ann Arbor School District,
Bond

Controller,

sealed

Dated June 1, 1949. Denomina¬

MICHIGAN

(EST)

Authority, Mass.

Offering—J. Leo Meehan,
will
receive
sealed

at

City

Offering—John N. Daley,

bonds divided

Principal and interest
payable at the National Shawmut
Bank, of Boston.
The approving
opinion
of
Storey,
Thorndike,
Palmer & Dodge, of Boston, will
be furnished to the purchaser.

Chairman,

re¬

Bond

on

1949. Denomina¬

1,

Braun, Boswortii & Co.,
Hornblower & Weeks,
jointly, for $401,000 as 4s, $103,000
as
l3/4s; $195,000 as 2s, and $1,301,000 as 2y4s, at a price of
100.28, a basis of about 2.34%.
and

inc.,

tion $1,000.

on

,

Bond

Oct.

Dated

Bad

13, 1949.
April 7, 1950. Legality
approved by Storey, Thorndike,
Due

MARYLAND

1969 inclusive.

1969 inclusive.

nished to the purchaser.
Notes are dated Sept.

7

.

13

Thorndike,

,

,

until

$300,000 notes. Dated
1949. !Due on Nov. 4,

The

Storey,

bids

Sept.

on

chase

1 from 1951 to
•' ;* M-

Dated July 1, 1949.

■';

-

sealed

(DST)

Dist.

July 1 from

on

-1951 to 1964 inclusive.

80,000 Dodson

Offering — Charles P.
Howard, County Treasurer, will

Jones,

1955

to

ration;

each

on

$25,000 not to exceed 6% interest
tax
anticipation
notes.
Dated

;

Note

follows:

$15,000 from
1950 to
inclusive,
and
$10,000

Monday, September 12, 1949

Dated Feb. 1, 1949. The second
highest bidder was Halsey, Stuart
& Co.; First of Michigan Corpo¬

Oct. 1, as fol¬

100,000 school loan bonds. Due
$5,000 on Oct. 1 from 1950 to

on

Middlesex County (P. O. East

Bond Sale—The $110,000 bonds
^offered Sept. 3—v. 170, p. 736—

on

from

dated Sept. 15, 194.9.

are

ond

1—v.

Due

1,470,000 Is.

y ;

$1,000.
Principal
and interest payable at the Sec¬

443—were not sold, as no

p.

bids

Sept.

to

$3,000

inclusive.

Bonds

$1,725,-

$325,000

1954'

lows:

Denomination

interest

4%

offered

$2,000

1969

(P. O. Plaquemine), La.
to

as

and

1969

to

15,
1950

from

70,000 school loan bonds. Due
on Sept.
15, as follows: $5,000
from 1950 to 195.9 inclusive,

LOUISIANA

not

Sept.

on

$5,000

1960

of 1948

Act

inclusive

and

Bonds

Due

follows:

Iberville Parish Sch. Dist. No. 5

Sept.

on

of

purchase

bonds.

were

of:

$80,000 school loan

!

the

Harriman

to

on

of

care

Bank, of Bos¬

bonds, divided as follows:

awarded

were

re¬

$225,000 school loan, Act of 1941

New

Louisville. 1

000

Sept. 8

on

the

for

of

Sale—The $150,000 bonds

offered

or

30 days' notice, on any
Interest payment date, on Feb. 1,
1955, until Sept. 1, 1959, at 102; on
Feb. 1, 1960, until Sept. 1, 1965,
at 101%, and on or after Feb. 1,
1965, at 101. Legality approved by
Woodward, Hobson & Fulton, of

Bank

furnished to tne purchaser.

Bond

Sept.

in part
order of their num¬

as

National

Freetown, Mass.

The bonds will be

1970.

redeemable

13

coupon

of

will be

,

dated

are

Merchants

in

ton, until 11 a.m. (DST)

inclusive,

1959

to

interest, expressed in a
multiple of V4 of 1%. The ap¬
proving opinion of Storey, Thorndike, Palmer & Dodge of Boston,

1, 1949.
Denomination $1,00*0. Due March
1, as follows: $4,000 in 1951 to
1962,
$7,000
in
1963
to
1965
$8,000 in 1966 to 1969, and $4,Bonds

1952

from

rate

Louisville,
and Associates, for $16,000 as 3s;
$46,000 as 3%s, and $43,000 as
3%s, at a price of par.
:
Bond

the purbonds.

for

school

bids

Shawmut

National

boston, or at the option of 'the
aoider, at the Hyannis Trust Co.,
nyannis.
Bidders to name the

March 1

on

p.m.

sealed

ceive

principal and interest payable at
the

3V4S.

as

15

$510,000

1

C.

will'

Treasurer,

Perry, Town

.poo,000 in 1950 and 1951, and $50,-

follows:

as

until

1949. Denomination
Due on Oct. 1, as fohows:

$1,000.

Woody & Heimerdinger, of Cin¬
cinnati, and Associates, at a price
100.13, a basis of about 3.34%,
$77,000

Sept.

on

of

bids

Dated Oct. 1,

awarded to Walter,

were

sealed

cnase

school
offered

bonds

M.
re¬

ceive

Sale—The $105,#00
revenue

Offering —Clarence

Chase, Town Treasurer, will

County (P. O. Hartford), Ky.

building

Bond

y

Offering—Norman

Bond

Mass.

''777/7

Mass.-

Sutton,

MASSACHUSETTS

serially Sept. 1,
Report of award of

and

1951/1971.

FINANCIAL CHRONICLE

COMMERCIAL &

THE

(1028)

to

or

and

after

June

basis of about 2.89%, as follows:

a

1,

accrued interest

$55,000 as 2%s.
from

the date fixed for redemntion.

plus
each
on

on

par

a

premium

bond

or

as

called

prior to

follows: $10 on

35,000

June

\y 1957;

$5

as

1960

for redemption
—

Due

1950 to

1959

3s. Due

on

on

April 1

inclusive.

April 1 from

to 1964 inclusive.

Dated July

1, 1949. The second

Volume
I

170

Number 4837

highest

bidder

Moore &

Co.,

McDonald-

was

on

Monroe County, Otter Creek Outlet
Drain Dist. (P. O. Monroe), Mich.
Bond

bonds

offered

836—were

$20,000

Sept. 1—v.

awarded

drain

170,

to H.

V.

p.

Sat-

tley & Co., of Detroit, as 5V2S, at
a
price of par.
Dated July 1,
1949. Due on May 1 from 1950 to
inclusive.

1954

North

Bond

O f f

Hobel,

City

Muskegon Sch. Dist., Mich.

$225,000
school bonds purchased by Hackley Union National Bank of Mus¬
kegon, as 214s, as previously noted
in v. 170, p. 836—were sold at a
price of par.

g—Charles

n

Clerk,

will

Mich.

not

to

exceed

storm

sewer

Sept.

1,

000.

Clerk,

bids

until

13 for the
to

receive

will

3

(EST)

p.m.

seared

Sept.

on

purchase of $53,000 not
4% interest special as¬

exceed

sessment coupon

bonds, divided

as

follows:

.*$38,000 curb bonds.
1, as follows:
1950

1952

to

Due

on

$10,000

Sept.

from

inclusive, and

4%

.15,000

bonds. Due on Sept.
1, as follows: $4,000 from 1950
to 1952 inclusive, and $3,000
sewer

in 1953 inclusive.

Dated Sept. 1, 1949.

Denomina¬
tion $1,000.
Principal and inter¬
est
(M-S), payable at the City
"Treasurer's office. Bidders to
the

name

of

rate

interest, expressed in
multiple of % of 1%. The ap¬
proving opinion of Miller, Canfield, Paddock & Stone, of Detroit,
will be furnished to the purchaser.
a

in

1969 to

redemption in inverse numerical
order

date

on

interest

any

after

payment

Nov.

1, 1957, at
par and accrued interest, plus a
premium
as
follows:
$15.00 on
on

or

each bond redeemed
Nov.

on

Nov.

bond

for 2%

on

1964; $5.00

be¬

or

each

on

redeemed thereafter but

mium

Nov.

shall

deemed

ders to

1968.

1,

No

on

prer

be paid on bonds re¬

after

Nov.

1968.

1,

Bid¬

the rate of

interest,
multiple of *4 of
1%. Principal and interest (M-N)
payable at the Detroit Trust Co.,
Detroit. The approving opinion of
name

in

expressed

Miller,

a

Canfield,
of Detroit,

nished

the

to

cost.

out

Paddock
&
will be"* fur¬

purchaser

certified

A

Twp. Sch. Dist. (P. O.
Wakefield), Mich.

Note

Offering—Mrs.

Lempi M.

Saari, Secretary of the Board of
will

Education,
bids

until

receive

sealed

7:30

p.m.
(CST) on
Sept. 12 for the purchase of $40,-

000 not to exceed 4%

interest tax

anticipation of 1949 notes.
1950.

able

Dated

16, 1949. Due on Jan. 15,
Principal and interest pay¬
at

the

First

National

Bank,
approving
Pincoming, Mich.
;
opinion of some market attorney
Bond Sale ~ The $125,00Q gen¬
shall be furnished by the pur¬
eral obligation bonds offered Sept.
chaser at his own expense.
A
6—v. 170, p. 837—were awarded
certified
check
for
2%
of the
to the First of Michigan Corp., of
notes,
payable
to
the
District
Detroit, at a price of 100.215, a
Treasurer, is required.
net interest cost of about 2.183%,
Warren Twp. Sch. Dist. No. S
;as follows:
Wakefield.

of

Van

1951 to 1960 inclusive.

Due on July 1 from

75,000 2%s.

1961 to 1970 inclusive.

Dated

,H,;

1. 1949 and due on

July

•July 1 from 1951 to 1960 inclusive.
Huron, Mich.

Port

Bond

Offering—Allen

Clerk,' will

R.

Hill,

The

(P. O. 22100 Federal Avenue,

Due on July 1 from

:$50,000 2s.

Sale—The $500,000

Bond

offered

bonds
837

Davis

Sept. 6—v.

awarded

—were

to

school
170, p.
Welsh,

&

Co., Chicago, at a price
a net. interest cost of
about 2.891%, as follows:
of

100.008,

$115,000 3V2S.
1950 to

p.m.

•UOO

The bonds

are

dated

July 1,1949

and

those maturing from 1960 to
1964 inclusive are callable, in in¬

$9,000 from 1950 to 1953 in¬
clusive, and $10,000 from 1954

July 1, 1953, at varying premiums

to 1959 inclusive.

depending

portion bonds. Due
Sept. 1, as follows: $6,000

<67,000 city
on

from
and

to

1950

1952

inclusive,

$7,000 from 1953 to 1959

inclusive.

Dated Sept* I, 1949. Denomina¬
tion $1,000.
Bidders to name the
,

of interest, expressed in a
multiple of %-of 1%.
Principal

:xate

^and

interest

(M-S)

payable

at

City Treasurer's office. The
approving opinion of Miller, Canfield, Paddock & Stone, of Detroit,
will be furnished to the purchaser
"Without cost.
A certified check

"the

for

payable to
'Treasurer, is required.
$3,000,

the

City

Sold

Not

not to exceed

4%

—

The $27,000

interest school

Sept. 6—v. 170, p.
not sold as
all bids

bonds offered
'932—were

received

were

rejected.

Waterford

Twp. Twp. Sch. Dist.
(P. O. l ISO Scott Lake Road,
Pontiac), Mich.
Bond Offering — Elmer Fangboner, Secretary of the Board of
Education, will receive sealed bids
until

Bond

Offering — Edward J.
'Gross, Secretary of the Board of

receive

sealed

bids until 8 p.m.(EST) on Sept.
13 for the purchase cf $27,££0 net

to

interest
Interest J-J.

exceed

bonds.

4%




8

(EST)

p.m.

on

Sept.

15

for the

purchase of $1,400,000 not
to exceed 4% interest high school

building

bonds.
Dated
Denomination $1,000.
Due May 1, as follows: $25,000 in 1950 and 1951, $80,000 in
1952, $85,000 in 1953, $90,000 in
1954
and
1955, $95,000 in, 1956,

Aug.

1,

000 in 1961, $120,000 in

1962, $125,000 in 1963, and $130,000 in 1964.
Bonds maturing in the years 1962
to 1964 will be subject to redemp¬
tion prior to maturity, at the'op¬
tion
of the District,
in inverse

school

order,

interest

on

any

payment

one

or

dates

on

and after May 1, 1954, at par and
accrued

interest.

Principal

and

interest (M-N) payable at the De¬
troit Trust Co., Detroit. Bidders
to

name

the

pressed in
H.

a

Stevens,

the

(A-O)

rate

of

interest,

ex¬

multiple of V4 of 1%.
c'pmfrh rcf -Hsrfo
of

Berry,*

Earbier & Evely, of

Steveris

Detroit, will

and

par

accrued

in¬

terest, expressed in a multiple of
1/lOth or V4 of 1%. Principal and
interest payable at any suitable
bank

by

or

the

trust company

purchaser.

authorized

were

designated

These

at

bonds

rate

of

interest,

ex¬

at

the

North¬

National

Bank, of Min¬
neapolis. The approving opinion
of Dorsey, Colman, Barker, Scott
& Barber, of Minneapolis, will be
furnished to

out

the

A

cost.

purchaser with¬

certified

check

$10,380,
payable
to
Treasurer, is required.

Hennepin

and

for

the

City

Counties

Ramsey

Joint Com. Sch. Dists. Nos.
and H-2

bell,

Offering

District

Sept.

Lyle M. Do-

—

Clerk,

will

receive
(CST)
for the purchase of

15

$25,000 not to exceed 3% interest
betterment

and

building coupon
1, 1949.
De¬
nomination $1,000.
Due on Jan. 1,
as
follows: $2,000 from 1951 to
bonds.

1962

Dated

Oct.

inclusive, and $1,000 in 1963.
maturing on Jan. 1, 1961,

Bonds

in subsequent

and

called

at

(M-S), payable at the
National Bank off
Minneapolis. The approving opinion of Faegre & Benson of Min¬
neapolis' will be furnished to the
purchaser.
Northwestern

Truman, Minn.

years,

and

par

may

accrued

be
in¬

Bond Sale

—

933—were awarded to J. M. Dain
& Co., of

Minneapolis. Dated Sept.

1, 1949 and due on Sept. 1 from.
1951 to 1969 inclusive.

Worthington, Minn.
Bond Offering-—The City Clerk
will receive sealed bids until
for

26

the

MISSISSIPPI

Stone & Webster Securities Corp.,

Paine, Webber, Jackson & Curtis,
all
of
New
York;
Schoellkopf,
Hutton & Pomeroy, of Buffalo;
First
of
Michigan
Corp., New
York; J. M. Dain & Co., Min¬
neapolis, and the Milwaukee Co.,
of

Milwaukee,
100.1416,

1.90s, at

as

basis

a

price

a

of

about

Corinth, Miss.
Bond

Details—The

Sale

public sewer system bonds
purchased by M. A. Saunders &:
Co., of Memphis, and Associates*
as previously noted
in v. 170, p.
641,
were
sold at a price of
100.002, a basis of about 2.47%,

follows:

as

as 1 Vz s. Due on March T
from 1950 to 1954 inclusive.

1949 and due in equal annual in¬
stallments on Oct. 1 from 1950 to

$40,000

as 2s.
Due on March
from 1955 to 1959 inclusive.

1969 inclusive. An account headed

85,000

by Halsey, Stuart & Co. Inc., and
including among others Lehman
Bros., Blair & Co., Inc., and Otis

150,000

Co., withdrew from the compeition after the bid had reached
100.14 for 1.90s.

Certificate

typewritten

certificates

and

$200,000

1965

addition

In

Sale—The $2,200,000

2V2S. Due

as

from

'

($2,000,library)
auctioned on the same day were
sold
to
a
group
composed
of
school

000

as
2y4s. Due on March.
1 from 1960 to 1964 inclusive.

the

to

1950. Dated Sept.

1,

elusive.

& Trust Company
as

Bank.of

at

on

tution

opinion

of

Counties

in

Ramsey,

or

banking

suitable

any

insti¬
Hennepin

for

A

cost.

certified

payable to
Board, is required.
$500,

check

School

the
*

f

-

>

V/2s, at

as

Oct. 1, 1950.

Mississippi (State of)
Agent—Chemical Bank

Paying

O.

issue of $5

Offering—C.

County

Auditor,

A.

Offering—Jerry

A.

Ver-

will receive
(CST) on
Sept. 15 for the purchase of $60,Village

rant,

Clerk,

000

street

bonds.

improvement

Dated July

nomination
on

Jan.

1, 1949.

$1,000.
from

1

coupon

De¬
$10,000

Due

1951

to

in¬

1956

clusive.

Principal
and
interest
payable at any suitable bank the

bidder may

designate. Bidders to
name
the rate
of interest, ex¬
pressed in a' multiple of % or
1/10 of 1%. The approving opin¬
ion of Faegre & Benson, of Min¬
neapolis, and Harold W. Moody,
of St. Paul, will be furnished to
the purchaser without cost. A cer¬
tified check for $1,200, payable to
the
Village
Treasurer,
is
re¬
quired.
/
■
•
7
,

„

.

receive

bonds.

coupon

Oct. 1,-1949.
Denomina¬
$1,000.
Due op, Dec. 1, as
follows: $40,000 in 1950 and 1951;
$35,000 in 1952 and 1953; $20,000
in 1954 and 1955; $15,000 in 1956
and 1957, and $10,000 in 1958 and
1959. Bidders to name the rate
of interest, expressed in a multi¬
ple of xk or 1/10 of 1%.
Prin¬
cipal and interest payable at any
suitable banking institution des¬
ignated by the purchaser.
The
approving
opinion, of
Colman,
Barker, Scott & Barber of Min¬
neapolis will be furnished by the
County at its own expense.
A

(P.O. Decatur), Miss.
Sold—An issue of $50,-

2

.

Bonds
000 2%%

Kinney, Minn.
O f f c r i n g—George

Bond

Village

Rekela,

bids

sealed

ceive

Clerk,

A.

will

until

7

re¬
p.m

Sept. 12 for the pur¬
chase of $20,000 not to exceed 6%
interest
City
Hall
and
water
sytem bonds. Due on July 1 from
(CST)

1952

on

bonds

inclusive.

1956

to

authorized

were

election held

on

These
at
the

certified check for $5,000, payable
the County Treasurer, is re¬

to

quired.
St. Louis County Sch. Disti No. 43
(P. O. Route 2, Box 355,

Colquet), Minn.
—
Evald Skog,
Clerk, will receive sealed
bids until 8 p m. (CST) on Sept.
15 for
the purchase of $10,000

District

not to exceed 4%

building

No.

1

Bond

County Indep. Sch. Dist.
(P. O. Fairmont), Minn.
Offering—T. A. Fancher,

will receive sealed
p.m.
(CST) on
Sept. 14 for the purchase of $300.000 building coupon bonds. Dated
Sept.
1,
1949.
Denomination
$1,000. Due on Sept. 1. as follows:
$10,000 in 1952 and 1953; $20,000
from 1954 to 1963 inclusive; $30.District Clerk,

bids

until

rtn/j J-,

in

1963

1:30

A

1

196th

-

Alt

bonds

and subsequent

inclusive.

1959
the
a

rate of

<tOn flOA
Maturing
years

in

to be

Dated

MISSOURI

Bidders

V4

Ferguson School District., Mo.
Bonds Sold—An issue of $75,000 school bonds has been sold

to

name

1/10

or

of

1%.

Mercantile-Commerce

the

to

of St. Louis**
Dated June 1,
Legality
approved
by
Charles
&
Trauernicht, of
St.
2V4S

as

bank

or

fiscal
shall

Odessa,

of the bonds is required.

St.' Louis

Mo.

,,

$85,000*
electric light works revenue bonds
purchased by Lucas, Eisen &
Bond

Sale Details—The

Waeckerle, and George K. Baum

both of Kansas City, joint¬
previously noted in v. 179,
p.
837, were sold as 2%s, at a
price of 100.47, and mature Sept.
1, as follows: $8,000 from 1953 to
1957
inclusive, and $9,000 from
& Co.,

ly,

as

1958 to 1962

inclusive. Bonds ma¬

turing 1961 and 1962 are callable
any time after the maturity date
1960.

in

7

Mo.
Bonds Sold—An issue of $20,000
Pattonville Sch. Dist.,

.

l3/4% school bonds has been sold.
May 1, 1949. Legality ap¬
proved by Charles & Trauernicht,
Dated

of St.

Louis.

MONTANA

;

institution in

School District. A certified check
for 2%

Co.,

2s.

Louis.

Kali spell,

be

designated
by the purchaser. The approving
opinion of Gillette, Nye, Mon¬
tague, Sullivan & Atmore, of Du¬
luth, will be furnished to the pur¬
chaser
at
the
expense
of
the
as

and

1949.

Principal and interest payable at
State

Trust

&

Bank

July

interest, expressed in

multiple of

the

Martin

bonds.

bridge bonds
April 1, 1949.

Legality approved by Charles &
Trauernicht, of St. Louis.

interest garage

1,
1949. Denomination $1,000.
Due
$1,000 on July 1 from 1950 to

such

Aug. 27.

Offering

and 4%%

has been sold. Dated

,

Bond

13—-

County Supervisors Dist.

Strom,

(CST) on
Sept. 21 for the purchase of $240,Dated

Sept.

170, p. 837.

tion

Keewatin, Minn.

the

on

No.

will

drainage 1949

issue

for

Bids

considered

be

Newton

sealed bids until 2 p.m.

000

000,000 highway bonds*,

series.

16th

will

Olivia), Minn.
Bond

has been named

New York paying agent for an.

v.

Renville County (P.

designated by
the
The approving
Stinchfield, Mackall,

Crounse & Moore, of Minneapolis,
will be furnished to the purchaser
without

Minneapolis,

price of 100.015, a basis of about
1.49%. Dated Oct. 1, 1949 and due

bidder.

of

and

a

1, 1949. Due

March 1 from 1950 to 1969 ink-

on

First National Bank, both of Min¬

interest, expressed in a mul¬
tiple of V4 or 1/10 of 1%. Prin¬
cipal and interest (J-J).. payable

cou¬

extra coupon

an

neapolis; First National Bank of

rate

National Bank

above

entire issue will carry
of 1%% to Sept.

the

pons,

March 1

on

1969 inclusive.

to

St. Paul, and the Midland National

the

name

1

125,000

&

after.

to

$400,^

000

Northwestern

Bidders

Sept.
$400,000-

of

purchase
hospital bonds.

terest, in inverse order of serial
numbers, on Jan. 1, 1960, and on
any interest payment date there¬
of

"

The

$28,000 sewer
bonds offered Sept. 6—v. 170, p.

—

1.884%. Each issue is dated Oct. 1,

sealed bids until 7:30 p.m.
on

$1,500 on Sept. 15 from 19SO
inclusive. Principal and

1954

interest

bonds

of

2

(P. O. St.

Anthony), Minn.
Bond

Due

to

election

the

Sale
The
$2,400,000
($1,500,000 refunding and
$900,000 public relief) offered a*
auction on Sept. 8—v. 170, p. 933
—were
awarded to
a
syndicate
composed of Phelps, Fenn & 'Co.,
Bond

51

equipment
certificates.
Dated
Sept. 15, 1949. Denomination $5007

on

payable

western

coupon

1949.

numerical

Saginaw Twp. Sch. Dist. No. 14
(P. O. Saginaw), Mich.

will

the date of redemp¬

on

tion.

more

Education,

numerical order, 011 or after

$100,000 in 1957, $105,000 in 1958
and 1959. $110 000 in I960, $115,-

Saginaw Twp. Sch. Dist. No, 4
(P. O. Saginaw), Mich.
Bonds

verse

2

sealed bids until 8 p.m.

Due on July 1 from
1958 to 1964 inclusive.

follows:

•

July 1 from

on

1954 to 1957 inclusive.

paving coupon bonds, divided as
:$96,000 special assessment bonds.
Due on Sept. 1, as follows:

Due

Je-

until

pressed in a multiple of Y4 or 1/10
of
1%.
Principal and interest

Bond

265,000 2%s.

7:30

D.

bids

1953 to 1958 inclusive. Bidders to
name

inclusive.

1953

Sept. 12 for the purchase of $163,not
to
exceed 3%
interest

until

at

Sept. 20 for the
held on June 21.
The approving
purchase of $519,000 not to exceed
opinion of Chapman & Cutler of
2% interest sewage disposal rev¬
Chicago will be furnished to the
enue refunding
1949 certificates.
purchaser without cost. A certified
Dated Sept. 1, 1949. Denomina¬
check
for
$6,000,
payable
to
tion $1,000.
Due on Oct. 1, as
the District Treasurer, is required.
follows: $50,000 in 1950 and 1951;
$59,000 in 1952, and $60,000 from
Minneapolis, Minn.

Due on July 1 from

120.000 3V4S.

bids

Offerings—C.
auction

(CST)

m.

successful

Dyke), Mich.

receive sealed
(EST) on

•City

p.

and

for

Wakefield

bonds, payable to the City Treas¬
urer,

sealed

callable

terest, in inverse numerical or¬
der, on Sept. 1, 1962, and on any
interest payment date thereafter,
Bidders to name the rate of in¬

ronimus, City Clerk, will receive

with¬

check

District

Duluth, Minn.
Certificate

$2,500, payable to the City Treas¬
urer, is required.

Sept.

is required.

1,

before

or

before

or

1, i960; $10.00 on each bond

of

expense

MINNESOTA ?

bonds. Dated
Denomination $1,-

1973.
Bonds maturing
1973, shall be subject to

the

at

$28,000, payable to the
Treasurer, is required.

coupon

1949.

1, as follows: $3.$5,000 in 1952 to 1956,
$6,000 in 1957 to 1968, and $8,000

of the

.A certified check

furnished

the District. A certified check for

interest

Due Nov.

Stone,

$8,000 in 1953.

(EST)

000 in 1951,

fore

Bond Offering—G. A. Van Epps,

City

receive

7:30 p.m.

redeemed thereafter but

Owosso,

P.

Sept. 12 for the purchase of $140,-

in 1964 to

Bond Sale Details—The

i

e r

sealed bids until

000

Sale—The

be

Sturgis, Mich.

bid reflecting

a

net interest cost of about 2.95%.

a

(1029)

4

Park,

Bond

fire

Mont.

Sale Details—The

$81,000

purchased
the Conrad National Bank, of
department bonds

by
Kalispell, as Is and 2s, as pre¬
viously noted in v. 170, p. 837,.
were

sold at

V

'

Bond

Minn.

a

price of par.

Laurel, Mont.

,.

Sale—The $35,000 swim¬

Bond Offering—Joseph Justad,
ming pool bonds offered Sept. t
Village Clerk, will receive sealed were awarded to the Yellowstone*
birfc pnfil a n.m. enSTVAVi «ep+/ Bank, of Laurel: as 2V2s* ht a orieer
12 for

to

the purchase of

exceed

4%

$7J>00 nbt'"

interest municipal

of

100.71, a basis

Due

on

of about 2.34%w

July 1, as follows:

$1,509

54

from

1950

to

1968

$6,500 in 1969.

years

Sale

1

Jan.

Sweet

1,

1957.

Grass

No.

County Sch. Dist.
(P. O. Greycliff),

16

Sale—The

$15,000

build¬

ing bonds offered April 8—v. 169,
1385

p.

State

—

were

from

1950

awarded to the
of Lands and

ond

high

was

made

River,

214s, at

1950 to

The

—

Dated

2.48%.

Aug. 1, 1949. Due

Aug. 1 from

on

inclusive.

1954

School District, N. J.
Offering—Otto R. Drews,

$163,516.14

paving bonds offered Aug. 31—
v.
170, p. 837—wre awarded to
Stern Bros. & Co.,. of Kansas City,

114s, at a price of 100.06,
about 1.48%, as follows:

basis

a

20

purchase of
$240,000 not to exceed 6% inter¬
est school
coupon
or
registered
bonds.
Dated Sept. 1, 1949, De¬
nomination

$1,000. Due on Sept.
follows: $13,000 from 1950
inclusive; $12,000 from
1960 to 1964 inclusive, and $10,000
1,

as

1959

to

170,

v.

6—v.

1.30s,

at

price

to

high

bid of

made

of

inclusive.

1959

100.07

1

a basis of about 1.619%.
high bid of 100.579 for

l%s

made by the Chase Na¬
tional Bank and Salomon Bros. &
was

Hutzler,
jointly.

both

of

New

York,
,

„

..

t

Sale consisted of:

$305,000 bridge, highway
construction

sewer

r

Due

■,

Sept.

on

1,

b

and

o n

d

s.

follows:

as

$16,000 from 1950 to 1954 in¬

clusive, and $15,000 from 1955
to

-

1969 inclusive.

all bids received

as

interest

R. F. D. No.

New

Bond

114 s.

Dated Aug. 1, 1949.

Due on
Aug. 1 from 1950 to 1959 inclusive.
The second highest bidder was
Boland, Saffin & Co., for 2*4s, at
a price of 100.19.
Phillipsburg, N.J.
Sale
The $19,000 fire

Bond

—

engine bonds offered

170,

Sept. 7—v.

837—were awarded to the

p.

and $23,000 from 1955 to 1959

Phillipsburg Trust Co.,

inclusive.

C

a

Bonds

are

dated

Denomination

Sept.

1, 1949i
Principal

$1,0 0 0.

and interest payable at the First
National Bank of Boston. Legality

by Ropes, Gray, Best,
Coolidge & Rugg, of Boston.
approved

price of 100.042,

1.286%.
due

Dated

NEW JERSEY

Harrison, N. J.

Sept.

/

:

sealed bids until 8 p.m.

(DST) on
Sept. 20 for the purchase of $258,-

vided

to
or

as

exceed

6%

registered

interest

bonds,

di¬

follows:

1949 and

inclusive. Second high bid of 100.031 for 1 14 s was made

by Boland,

Saffin & Co,, New York.

170,

v.

of

of

100.079,

a

basis of about 1.991%.

Sale consisted of:

to

of

about

Dated

1.182%.

Sept. 1,
from 1950
high bid
of par for 2s was. made by the
Lynbrook National Bank & Trust
Co., Lynbrook.
1949 and due on Sept. 1

to 1954 inclusive. Second

(P. O. Oswegatchie), N. Y.

tal

Sale—The

bonds

1949

$40,000 hospi¬
offered Aug. 31—

sewer

$3,000
to

on

1969

$5,000
to

Village Treasurer,
bids until 11

Legal

J.

will

National

Utica.

opinion

&

York

Bank

Rate

of

Heckler

Sykes,
New

First

Co.,

be payable

of

in¬

at maturity.

Vandewater,
Galloway, of

City, will accompany

the botes.
NORTH

Davie

CAROLINA

y

County (P. O. Mocksville),
North Carolina

Paying Agent—Guaranty Trust
Company of New York has been
appointed paying agent for $500 000

school

A—v.

building bonds, series

170,

446.

p.

a.m.

on

Principal and interest (F-A)
able
the
at
County Trust
Pleasantville.

opinion

The

pay¬

Co.,

approving

of

Vandewater, Sykes,
H e c k 1 e r & Galloway, of New
York City, will' be furnished to
the purchaser without cost. A cer¬
tified check, for $96; payable to
the Village,, is required.
•
Port of New York

To

<

Issue

The

Authority

$30,000,000
of

Sept.

on

8

Port

authorized

the establishment and issuance of
Second Series, First .Installment

Air

Terminal

principal

bonds

amount

The Finance

of

in

the

$30,000,000.

Committee

was

au¬

thorized by the Commissioners to
sell the issue at public bidding.
It

is expected that

bids will

by the

Committee

the

part of

October.

latter

be dated

purchase of $13,000 not
interest bonds, di¬

follows:

as

-

$6,000 water bonds. Due on April
1, as follows: $500 from 1952
to 1961 inclusive, and $1,000
in 1962.

7,000 sanitary

.AP-ril

cn

from

and

Dated

sewer

1,

1952

bonds. Due

follows: $500

as

1961

to

inclusive,

$1,000 in 1962.
Oct.

1,

1949.

Denomina¬

tion

$500. Principal and interest
(A-O) payable in New York City.

Bidders to

the

name

rate

of

in¬

terest,. expressed in a multiple of
14 of /1%. The approving opinion
Mitchell

of

Pershing,

and

New

York
the

City, will be furnisned to
purchaser. A separate bid for

each issue is

required. A certified

be

requested
bonds will

vided

Bonds—
the

a

of

13 for the

to exceed 6%

Authority, N. Y.

Commissioners

check for $260, payable to order
in< of the State Treasurer, is required.

The

North Carolina (State

Oct,

Bond

Offering

of)

Brandon

—

Hodges, State Treasurer, will
ceive

sealed

(EST)

on

bids

Sept.

until

for

28

P.
re¬

11

am.

the

pur¬

chase of

4%
pon

$50,000,000 not to exceed
interest secondary road cou¬
or
registered bonds. Dated

July 1, 1949. Denomination $1,000.
Due Jan. 1, as follows: $6,000*000
in 1951, $6,100,000 in 1952, $1,800*000 in 1953, $1,900,000 in 1954, $1,950,000 in 1955, $2,000,000 in 1956,
$2,050,000 in 1957, $2,100,000- in
be used to refund $10,000,000 of
1958, $2,150,000 in 1959, $2,200*000
temporary airport notes, includ¬ in
1960, $2,250,000 in 1961, $2,300*ing $3,500,000 par value of tem¬ 000 in
1962, $2,350,000. in 1963 and
porary bonds issued for past ex¬
1964, $2,400,000 in 1965, $2,450,000
penditure at Teterboro Airport,
in 1966, $2,500,000 in 1987, $2,550,and
for
capital
improvements
C00 in 1963, and $2,600,000 in 1969.
during the next year at Newark,
Principal and interest (J-J) pay¬
.Teterboro, La Guardia and New
able at the State Treasurer's of¬
York and International Airports.
fice, or, in New York City. Bid¬

not

to

1949

Freeport, N. Y.
$114,000 sewer
offered Sept. 8—

Sept. 15 from 1950

Bond Sale—The

1968 inclusive.

the

at

Trust

ders to name the rate of interest,
Ravma,
N. Y.
170, 'p. 838—were awarded to
Bond Offering—Elmer L. Bishop expressed in a multiple of 14 of
of Buffalo,
will
receive 1%, The approving opinion of
as
1.60s, at a price of 100.29, a Village Treasurer,
basis of about 1.53%. Dated Feb. sealed bids until 3 p.m. (DST) on Mitchell & Pershing, of New York
1, 1949. Due on Feb. 1 from 1950 Sept. 14 for the purchase $135,000 City, will be furnished to the pur¬

bonds of 1949. Due

Sept. 15 from 1950

the

of

v.

inclusive.

on

out

the Marine Trust Co.,

to 1959 inclusive.

$60,000

i

Salvatore

—

&

June

on

1, 1949
iy2s, at a price of 100.01, a and due. in 1979.
They will be
basis of about 1.49%. Dated Feb. 1,
callable, in whole or in part, at
1949. Due on Feb. 1 from 1950 to 103%
beginning in the fifth year;
1958 inclusive.
at 102% beginning in the tenth;
East Rockaway, N. Y.
year; at 101% beginning in the
Bond Sale—The $33,000 street fifteenth year; and at par beginimprovement and highway appa¬ ing Funds will be established
ratus bonds offered on Sept. 7r— commencing in the tenth year to
v.
170, p. 933—were awarded, to, retire the entire issue by. matur¬
the East Rockaway National Bank ity. The bidders will name the
& Trust Co., East Rockaway, as coupon rate not in excess of 314%.
The proceeds of the sale will
1.20s, at a price of 100.048, a basis

Fine

Sept. * 7—v. 170, p. 737—
awarded to Ira Haupt & Co.,
New York, as 2s, at a price

838—were awarded

p.

redeemed

Denomination $50,000. Pay¬

year.

as

*

N. J.
$155,000 bonds

York

the Marine Trust Co>, of Buffalo,

Bond

Sayreville,

95,000 water bonds of 1949. Due

$12,000 storm sewer bonds.
33,000 street equipment bonds.
98,000 improvement bonds.
24,000 street bonds.
91,000 park bonds.

system

bonds

170, p. 933—were awarded to
Ira Haupt & Co., New York, as

v.

5%

exceed

coupon

interest

water

registered bonds.

or

Dated Sept. 1, 1949. Denomination

check

the

name

Person

inclusive. Bidders to

1976

of

rate

interest,

cost.

A

certified

for

$1,000,060, payable to
the State Treasurer, is required.

$1,000. Due $5,009 on Sept. 1 from
1950 to

without

chaser

ex¬

Bond

County

(P.

Roxboro), N. C.
Offering—W. E.

O.
Easter-

inclusive; $25,000 in 1953 and
1954; $15,000 from 1955 to 1959
inclusive; $10,000 from 1960 to

pressed in a multiple of 14 or 1/10/ ling, Secretary of the Local Gov¬
price of 100.01, a basis of
All of the bonds are dated Sept.
1%.
Principal
and
interest ernment Commission, will receive
of about 1.89%.
Dated Aug. 15,
(M-S) payable at the National sealed bids at his office in Ral¬
15, 1949. Second high bid of 100.1949 and due on Aug. 15 from
Commercial Bank & Trust Co., of
067 for 2s was made by Boland,'
eigh, until 11 a.m. (EST) on Sept.
1950
to
1964
inclusive.
Second
Saffin & Co., New York.
Albany, in Ravena. The approving 13 for the purchase of $455,000
high bid of 100.62 for 2s was made opinion
of Vandewater,
Sykes, not to exceed 6% interest school
Wallington, N. J.
by Roosevelt & Cross.
Heckler & Galloway, of New York
building, Series B, coupon bonds.
Bond
Offering — Jacob
Van
City, will be furnished the pur¬ Dated Sept. 1, 1948. Denomination
Haverstraw, N. Y.
Hook, Borough Clerk, will receive
Bond. Offering—Fannie M. chaser without cost. A certified, $1,000. Due on March 1, as fol¬
sealed bids until 8 p.m. (DST) on
Smith, Village Treasurer, will re¬ check for $2,700, payable to the lows: $7,000 from 1950 to 1956 in¬
Sept.
16
for
the
purchase
of
ceive
sealed
bids
until
3
p.m. Village, is required.
clusive; $16,000 in 1957; $17,0*00

1966 inclusive, and $3,000 in 1967.

coupon

Principal and interest (A-O)

vided

•

;■

1.90s, at

Dated Oct. 1, 1949. Denomina¬

tion

-

1,

were

ley, Town Clerk, will receive

not

as 1.30s, at
basis of about

offered

Bond Offering—Charles A. Far¬

coupon

a

Sept. 1 from 1950 to 1954

on

Bond Sale—The

000

•

$30,000- water
bonds
offered Sept.
6^v. 170,
p. 737—were awarded to the First
National
Bank
of
Milltown, as

and

,•

Jersey

Sale—The

235,000

municipal improvement
equipment bonds. Due on
Sept. 1, as follows: $24,000
from 1950 to 1954 inclusive,

(P. O.
14, New Brunswick),

Due

inclusive.

school

Bond. Sale-—The $35,000 hospi¬
tal 1949 bonds offered: Aug, 30—

and

Fairmont, N. C.
Sept. 14 for the pur¬
Bond Offering — W. E. Easterchase of $4,800 land purchase 1949
bonds. Dated Aug. 1, 1949. De¬ ling, Secretary of the Local Gov¬
nomination $1,000. Due on Aug. 1, ernment Commission, will receive
sealed bids at his office in Ral¬
as follows: $800 in 1950, and $1,eigh, until 11 a.m. (EST) on Sep.t.
000 from 1951 to 1954.

(DST)

coupon or

New

of

1961 inclusive.

Offering

Moreno,

registered
bonds. Dated Sept. 1, 1949. De¬
nomination $1,000, Due on March,
1, as follows: $3,000 in 1951, and*
$4,000 from 1952 to 1969 inclusive.

rejected.

were

North Brunswick Township

1, 1949.

receive sealed

Offering—Vivian Tuohey,
District Clerk, will receive sealed
bids until 2 p.m. (DST) on Sept.
15 for the purchase of $75,000 not

building 1949

Bank

Pleasantville, N. Y.
Bond

Y.

Youngsville), N.

5%

National

1950 to

was

Bond

exceed

from

Sept.*

as 1.40s, at a price of
basis of about 1.38%.

a

Dated June

Callicoon and Liberty Central
School District No. 3 (P. O.

to

$12,000 public

Second

for 2.30s

on

purchase of $1,anticipation
notes.
Dated Sept. 14, 1949 and due on
Dec, 14, 1949. Notes will be is¬
tax

terest to

838—were awarded

p.

First

100.10,

Weinig Co.

by C. E.

170,

Bellmore,

100.50, a
basis of about 1.206%. Dated Sept.
15, 1949 and due on Sept. 15 from
a

Sale—The

the

to

Ballston

as

(DST)

13 for the

sued

Y.

dock district bonds offered

837—were awarded to
Spa National Bank,

p.

Sept.

600.000

able

Bond

$13,300 water
system bonds offered on Sept. 7—
the

V

appointed
co-paying
agent for
$550,000 school district bonds.

v

Second

Y^M;-;

Y.

neon

city's tax levy for the 1949 fiscal

Spa, N. Y.

$83,145.23 district bonds. Due on from 1965 to 1969 inclusive. Prin¬
Aug. 1 from 1950 to 1959 in¬ cipal and interest (MS) payable
clusive.
at
the
Commonwealth
Bank,
80,370,91 intersection bonds. Due Metuchen. Bidders to name the
on Aug.
1 from 1951 to 1954 rate of interest, expressed in a Bidders to name the rate of in¬
inclusive.
multiple of Vs, or 1/20th of 1%. terest, expressed in a multiple of
14 or 1/10 of 1%.
The approving opinion of Haw¬
Principal and
Dated Aug. 1, 1949. The second
interest
(M-S)
payable at the
highest bidder was First Trust kins, Delafield & Wood of New
National
York City will be furnished to First
Bank, JeffersonCo., Lincoln, for 114 s, at a price of
the purchaser. A certified check ville. The approving opinion of
100.03.
for $4,800, payable to the Board Vandewater,
Sykes, Heckler &
NEW HAMPSHIRE
of Education, is required.
Galloway, of New York City, will
be
furnished
to
tne
purchaser
New Jersey (State of)
Manchester, N. H,
without cost. A certified check for
Bonds Not Sold—The $817,000
Bond Sale—The $540,000 bonds
$1,500) payable to the District; is
offered Sept. 8 were awarded to various New Jersey County school
required.
the Harris Trust & Savings Bank and municipal bonds offered Sept.
Clifton (P. O. Newton Foils),
7—v. 170, p. 933—were not sold
of Chicago,
l34s, at a price of
100.924,

14, N.

N.

be received until

Paying Agent—Guaranty Trust
Company of New York has been

Sale—The

Bond

the

for

Hempstead Union Free Sch. Dist.

YORK

NEW

r

for

.

No.

Utica,

Note Offering—Sealed bids will

pur¬

check

$294, payable to the Village, is re¬
quired.

The approving opinion of

1950

Metuchen
Bond

certified

A

/slip (P. O. /slip), N.

price of 100.04,

a

about

Washburn, of New York

chaser.

ra^e of interest,
multiple of l/20th

a

Ballston

737—were awarded to
of Toms

of

Bid¬

$440, payable to the Borough* is
required.

by

p.

as

basis

a

Sept.

Alliance, Neb.

of

170,

Co., Passaic.

Monday, September 12, 1949

City, will be furnished to the

will be furnished to the
purchaser. A certified check for

bid

Bond Sale —The $11,000 fire
engine 1949 bonds offered Sept. 2
—v.

Hoyt &

the

name

Lavallette, N. J.

,

inter¬

York City

of 100.06 for 2.10s
the Paterson Sav¬
Trust Co., Paterson.

ings

CHRONICLE

Re~ed, Hoyt & Washburn of New

Dated

District Clerk, will receive sealed
bids until
7:30
p.m.
(DST) on

NEBRASKA

Sale

1.995%.

1669 inclusive. Sec¬

to

Department

Bond

Trust

of_l%.

price of 100.039,

a

about

of

New

Sept. 15, 1949 and due on Sept. 15

Investments, as 3V2S. Dated Dec.
15, 1948.

as

2s, at

as

of

the First National Bank,

Montana
Bond

Inc.,

Mahoney,

basis

from 1950 to 1964 inclusive. Call¬
able

&

ders to

a

July

on

Principal and

$1,000.

Bank

Sept.

on

FINANCIAL

(A-O) payable at tne Peoples

expressed in

J.

York,

$180;000 building bonds purchased by
Kalman
&
Co., of St. Paul, as
214s, at a price of 100.83, as pre¬
viously noted in v. 170, p. 253—
$12,000

est

Paul

Details—The

mature

tion

Dist.i N. J.

Sale—The issue of $110,-

&

7—v. 170 p. 837—were awarded to

County School District
(P. O. Hamilton),
Montana

will

Bond

000 school bonds offered

No. 3

Bond

Hohokus Sch.

inclusive, and

Optional 5

from date.
Ravalli

COMMERCIAL

THE

(1030)

$1,000. The bonds stated in
combination will mature Oct.
1, as
follows: $20,000 from 1950 to 1952

pay¬

able at the West Hudson National

Bank,

of

name

the

pressed in

Harrison.
rate
a

Bidders

to

cf

interest, ex¬
multiple of 1/20 or

% of 1%. The approving opinion
of Hawkins, Delafield &

Wood, of

New York City, will be furnished
to

the

check

purchaser.

for

A




or

as

registered

di¬

bonds,

follows:

$9,000 water meter bonds. Due

on

Oct. 1, as follows: $2,000 from
1950
to
1953
inclusive, and

$1,000 in 1954.
5,000 apparatus bonds. Due $1,000
Oct.

on

1

from

1950

to

1954

inclusive.

8,000
certified

$5,160.. payable to the

Town, is required.

$22,000 not to exceed 6% interest

Oct.

1

from

Due
1950

$1,000
to

1957

inclusive.
Dated

Oct.

on

Sept.

Denomina¬

the

pur¬

istered bonds. Dated Oct. I, 1949.
Denomination $1,000, one for $700.
Due

Oct.

follows: $2,J00
1951 to
1954 inclusive. Principal and in¬

in

on

1,

as

1950, and $3,000 from

terest

(A-O)

payable at the Na¬
of

Haverstraw Trust

Co., Haverstraw. Bidders to
the
a

1, 1949.

14 for

Rotterdam

chase of $14,700 not to exceed 5%
interest fire truck coupon or reg¬

tional Bank

bonds.

water

on

(DST)

a

rate

name

interest, expressed in
multiple of 14 or 1/10 of 1%.

The

of

approving

opinion

of . Reed,

(P.

O.

No.

2

Avenue,
Schenectady), N. Y.

Bond

house

District

Fire

Vinewood

Sale

—

The

construction

Sept. 7.

—

v.

170,

p.

838

offered
—

$19,000 'rom 1959 to 1971
inclusive, and £? 8,000 from 1972

to 1978 inclusive. These bonds are

$60 000 fire

bonds

in 1958;

were

the balance of

an

$491,000. Principal and interest
(M-S) payable in New York City.

awarded to the

Bidders to

Co, of
a price of 100.147,-

est, expressed in

Schenectady Trust
Schenectady, as 2.10s, at

2.083%.
due

Dated

a

basis of about

April

1. 1949

and

authorized issue

of

name

the rate of inter¬
a

multiple

of* 14

1%. The approving opinion of
Mitchell & Pershing, of New York
of

April 1 from 1950 to 1969
inclusive,
Second
high. bid
of

City, will be furbished to the

100.585 for 2.40s

100,

on

.

Marine

Trust

was

made by

Co., Buffalo

the

chaser.

A ceri'^d check for

payable to
urer, is required.

e

pur¬

$9,-

State Treas¬

1

-

Note

Bond Sale
The $100,000 re¬
funding bonds offered on Aug. 30
—

170,

—v..

the

to

Bank

awarded

838—were

p.

Mercantile-C

&

Trust

Co.,

o m m e r c e

St. Louis,

of

and

the

Wachovia

Bank

Co.,

of

Asheville,

jointly, at a
basis of about

price of 100.23, a
2.35%, as follows:

Trust

&

$41,000 as 2y4s, due on March
1 from 1967 to 1972 inclusive,

t

and

$28,000 as 2y2s, due on
March 1, from 1973 to 1976
inclusive.

1967

.

bonds: $19,000 as
on March
1 from
1972 inclusive, and

to

2y2s, due on March
1 from 1973 to 1976 inclusive.

$12,000
.

Dated

Clerk,

bids until
for

the

3%

receive

1949.

Due

deemable

1949.

as

Sept. 1, 1949.

1,
Re¬
interest paying

Bond

to

the

name

6%

coupon

to

the

City,

1,

County (P. O.
Wilson), N. C.
Bond Sale Details—The $612,000

bids

until

8

to

inclusive,

$8,000 in
maturing on
and after Aug. 1, 1965, are sub¬
ject to call and redemption in in¬
and

Fox, Reusch & Co., of
Cincinnati, as 2y2s, at a price of

basis

of about
Sept. 1, 1949.
Due

2.33%.
on Jan.

interest

accrued
and

Aug.

on

Principal and

School

bonds

1 from

1952 to 1966 inclusive. The

second

highest bidder

Shuler & Sayre, of

Corp. of Durham, and Byrne and

Isphording, Inc.,
price of 101.03.

school

series

building

A

Phelps, Inc., of New York, jointly,
on a bid reflecting a net interest
about 2.05%, for $257,000

of

cost

Dated

Dell &

was

2%s,

for

a

Lovett,

$355,000 as l3/4s, as pre¬
City Auditor, will receive sealed
viously noted in v. 170, p. 934—

;as 3s, and

Were sold at

a

bids until

price of 100.15.

for the purchase of

NORTH DAKOTA
:

to

County

Certificates

of

$100,000 road and bridge certifi¬

cates has been sold to local banks,
at 2%% interest.
Due on Feb. 15,

on

June 1

Due $39,000
1 from 1951
Bidders

of

rate

interest,

to
ex¬

multiple of Y\ of 1%.
J-D.
The
approving

pressed in

a

Interest

>1950.

Dec.

and

the

name

storm

Dated Oct. 1, 1949.

inclusive.

1975

to

Sept. 16

on

-interest

3%

bonds.

opinion of Peck, Shaffer & Wil¬
Velva, N. Dak.
V
—
O. G. Wilson,

Offering

Bond

City Auditor, will receive sealed
bids until Sept. 26 for the pur¬
chase of $5,000 not to exceed 3%
interest park bonds. * Dated July
1, 1949. Due $1,000 from 1950 to
These bonds wore

1954 inclusive.

authorized at the election held on

Ohio

Athens Local Sch. Dist.,

Offering

Bond

District Clerk,

payable to the City, is required.
Wayne Local School District (P. O.
Williamsfield), Ohio
Bond Sale — The $15,000 im¬

bonds offered Aug. 8
awarded to * Hay den, Miller

provement

L. W. Prater,

—

OKLAHOMA

will receive sealed
purchase

$71,000

not to exceed 3%- in¬

terest construction bonds.
^

Offering—C.

Paisley,

E.

Village Clerk, will receive sealed
bids until noon (EST) on Sept. 19
the

Due
to

$1,000 on Dec.
1970 -inclusive.
the

name

Dated

bonds.

1 from 1951
;

to

Bidders

interest,

of

rate

Sept.

$1,000.

Denomination

1949.

1,

$20,000 3%

of

purchase

works

water

ex¬

pressed in a multiple of % of 1%.
These bonds were authorized at
the election held on Nov. 5, 1946.
The

of Peck,

approving opinion

Shaffer &

without

cost.

A

purchaser
check

certified

for 1% of the bonds, payable
the Village, is required.

—

to

Ohio

Liverpool,

East

Bond Offering

B. Allan Mc-

Keever, City Auditor, will receive
sealed bids until noon (EST) on

Sept. 22 for the

fire

4%

.000,

ment bonds.

Denomination
>

\

000

in

name

Due

• on

$4,000 from

inclusive, and $3,1954 and 1955. Bidders to
the rate of interest, ex¬
1953

to

1951

$1,000.

pressed in a multiple of Y\ of 1%.
A certified check for $180, pay¬
able to the City Treasurer,
is
required.

i

n

District

Dated Aug.

South Connellsville, Pa.
Offering — William

Bond

— Mabel
H.
Clerk, will re¬

Offering

until

7

p.m.

Sent. 20 for the pur¬
chase of $5,000 4V2 % storm sewer,
unlimited tax bonds. Dated Oct. 1,
1949.
Denomination
$500.
Due
$500 on Oct. 1 from 1951 to 1960
inclusive.
Bidders to name the
(EST)

on

interest, expressed in a
"multiple of 14 of 1%.
Interest
(A-O). A certified check for $100,
payable to- the Village, is re¬
quired.
of




Carrol

sealed

Due $73,000
inclusive, and

bonds.

provement
from

1952

1967

to

District

$82,000 in 1968. These bonds were
authorized at the election held on

opinion of
George J.
Fagin, of Oklahoma
City, will be furnished to the pur¬
chaser without cost.
A certified

Offering—Frank L. Irey,

Sept.

on

2%

for

of

the

required.

the bid is

Caddo County Indep.
1

No.

Bond

of

amount

Sch, Dist

(P. O. Hydro), Okla.
Offering — C. E. Frost,
of Education,

Clerk of the Board

will receive sealed bids until Sept.
the

for

20

purchase

of

$60,000

the
for

building bonds.
These are
bonds
originally 'scheduled
sale

Grant
No.

6.

County Indep. Sch. Dist.
(P. O. Wakita), Okla.
Sale—The issue of $50,000

Bond

170,

offered

bonds

7—

Sept.

934—Was awarded to the

p.

Oklahoma

flecting
about

City,

net

a

on

interest

cost

of

1.46%.

Dewey),

Okla.

Offering—Oran

of Education,

of the Board

receive

sealed

bids

until

8

(CST) on Sept. 14 for the
purchase of $60,000 building, site
and repair bonds. Due $6,000 from
p.m.

1952

inclusive. A certified

to 1961

for

check

2%

required.

the

of

bonds

bonds

Sale—The

offered

839—were

school

$92,000

Sept.

awarded

2—v.

to

approving opinion of Huger
of Charleston, will be
A cer¬
tified check for $20,000, payable
to the County Treasurer, is re¬

The

Sinkler,

furnished to the purchaser.

Spartanburg County Sch. Dists.
(P. O. Spartanburg), S. C.
Bond
Offerin g—James F.

R.

Superintendent, County
Education, will receive
the
purchase of $59,000 bonds, divided

Brooks,
Board

170,

the

p.

First

of

sealed

bids until Sept. 22 for

follows:

until

8

School

District

15,000 Gramling School

District

Whitney

34.500

bonds.

p.m.

bonds.

on

Twp. (P. O. R. F. D.
3, Volant), Pa.
Offering—Jesse E. Carr.

Beresford

Township Secretary, will receive
(EST)
Sept.

on

of

1950

inclusive.

1953

to

for ,$200,

check

certified

170,

v.

road coupon bonds.
1, 1949. Denomina¬
Due $1,000 on Sept. 1

$500.

from

building

3YZ%
Sept.

Dated

tion

the purchase

for

19

Raymond Indep. Sch. Dist., S.

A

Offering

Bond

payable

interest,

expressed

in

& Co.,

Feb.

to

the

in

eral

Sale—The

Dist., Pa.

$200,000

1959.

1969

gen¬

Principal

from

and

as

were

at

interest

on

inclusive.

The

on

second

from

and

&

Sons; Singer, Deane & Scribner and Blair & Co., Inc., jointly,
314s, at a price of 100.25.

Nanticoke School District, Pa.

$31,000 refund¬

Feb.

'

Dated

1955

as

to

from

1.

p.

643—were awarded to Butcher

& Sherrerd, of

Oct.

1,

1950 to

1959 inclusive.

Due

—

7—v.

A.

C.

lins

Allvu

&

Co.,

of Chicago,

&

E. H. Rol¬

Sons, both of New

York,

Cleveland, Mullanev. Wells & Co., of Chicago,
William R. Compt'on
& Co., of
New York, and Davidson & Co.,
Otis

&

Co.,

of

of Nashville, at a
a

Horry County. Lcris Community

to R. S.

170, p.

syndicate
Stuart & Co.,

839—were awarded to a

Eastman. Dillon & Co.,

Hospital District (P. O.
Lcris), S. C.
Sold—An issue of $80.-

$1,750,000

The

offered Sent.

comnosed of Halsey,

1949. Denomina¬

bonds has been sold

Sale

Bond

;

follows: $3 000
1959 inclusive,

Bonds

of 100.04.

Chattanooga, Tenn.

Principal and interest
(F-A) payable at the Citizens &
Southern National Bank, Charles¬
ton. Legality approved by Sinkler,
Gibbs & Simons, of Charleston.

000

The second

1949.

$15,000 as 23/2s, at a price

tion $1,000.

Philadelphia. Dated

1949. Due on Oct. 1 from

and

highest bidder was J. C. Bradford
&
Co., for $20,000 as 2y4s, and

$4,000 in 1960.
Aug.

playgrounds

pool bonds.
Due
1950 to 1959 inclusive.

Dated Sept. 1,

bonds

bonds.

basis of

a

clusive.

Co., of Atlanta,

school
1,

100.48,

of

20,000
park,
swimming

follows:

19,000 1% %

price

a

$15,000 refunding bonds. Due on
Sept. 1 from 1950 to 1959 in¬

1953 and 1954.

Sept. 1 from 1950

Sept. 6—v;

about 2.14%.

$6,000 1 Yt% school bonds. Due on
Feb. 1, as follows: $1,000 in
1951 and 1952, and $2,000 in

Dated Sept.

170, p. 839—
awarded to the First Na¬
Bank of Memphis, as 2y4s,

tional

County School District

inson-Humphrey

highest bidder was E. H. Rollins

for

$1,000

inclusive, and $6,000

bonds

$35,000

Sale—The

Bond'

offered

bonds has been sold to the Rob¬

Co., both of Philadelphia, jointly,
2V2S, at a price of 101.28, a

basis of about 2.35%.

to

TENNESSEE

(P. O. Charleston), S. C.
Bonds Sold—An issue of $25,000

170, p. 839—were awarded to
Harrison & Co. and Dolphin &

Due

follows:

as

1958

Charleston

obligation bonds offered Sept.

1, 1949.

1,

to

Brownsville, Tenn.

No. 3

McKees Rocks Sch.
Bond

$15,-

payable at the Chase National
Bank, New York.Legality ap¬
proved by Sinkler, Gibbs & Si¬
mons, of Charleston.

is re¬

City,

of

bonds has
Johnson, Lane, Space

of Savannah. Dated Aug. 1,

1950 to

out cost. A certified check for $2,-

payable
quired.

issue

1951

from

1

Jan.

on

1962 inclusive.

1949. Denomination $1,000. Due on

Burgwin, Churchill, Ruffin
& Hazlett, of Pittsburgh, will be
furnished to the purchaser with¬
000,

$1,000

refunding

23/4%

been sold to

mul¬

a

tiple of Y\ of 1%.
Principal and
payable at the City Treas¬
urer's office. The approving opin¬

purchase of $12,000 not
to exceed 3Yz% interest funding
bonds. Dated Septi 1, 1949. Due

(P. O. Wagner),

Sold—An

Bonds

(MST) on Sept.

8 p.m.

16 for the

South Carolina

000,

Dak.

Kelly,

Ruth

—

will receive sealed

District Clerk,

Copnty, Wagener Cen¬
tralized High Sch, Dist.
18

Beres¬

ford.

Township, is required.

No.

$75,000

bonds offered Sept. 6—
p.. 839—was
awarded to

the First National Bank of

Aiken

receive

Dakota

Bond Sale—The issue of

sealed bids until 8:30 p.m.

$4,000

Dist.,

Sch.

Indep.

South

SOUTH CAROLINA

interest

bond.

Mayo School Dist.

$9,500

ing bonds offered Sept. 1—v. 170,

Sch. Dist. No. 3 (P. O.
Brownsville), Ore.

Bond

National

SOUTH DAKOTA

clusive. Bidders to name the rate

Bond Sale—The

Linn County

(J-J) payable at the Chase
Bank, New York City.

terest

Washington

(DST)
on
Sept. 14 for the purchase of
$100,000 improvement coupon
bonds.
Dated Sept. 1, 1949.
De¬
nomination $1,000.
Due $10,000
on Sept.
1 from 1951 to 1960 in¬

is

OREGON

$60,000 from 1963 to 1966 inclu¬
sive, and $65,000 from 1967 to
1969 inclusive. Principal and in¬

Sept. 16 for the pur¬
chase of $36,000 township bonds.
(DST)

to the

r

>

follows:

as

coupon bonds.
for $200 is re¬

check

sealed-* bids

ceive

as

Bowman,

De¬
1,
$35,000 in 1951; $40,000 in 1952 and 1953; $45,000 from
1954
to
1956
inclusive; $50,000
from 1957 to 1959 inclusive; $55,000 from 1960 to 1962 inclusive;
1949.

1,

nomination $1,000. Due on Jan.

ris, Township Secretary, will re¬

Bond Offering—Charles E. Dor-

of

Oct.

Dated

bonds.

as

6—v.

Washington County Independent
School District No. 7 (P. O.

will

purchase of

man,
City Clerk, will
sealed bids until 7:45 p.m.

12, S. C.

Cauthen,

B.

Chairman of the Board of Trus¬
tees, will receive sealed bids until
noon
(EST) on Sept. 22 for the
purchase of $1,000,000 not to ex¬
ceed 4%
interest school coupon

Upper Dublin Twp. (P. O.
Amber), Pa.
Bond Offering—George W. Mor¬

Duquesne, Pa,,

bid re¬

a

Offering—I.

bids until

First National Bank & Trust Co.,
of

Bond

quired.

ion of

33

school
v.

Sept.

on

for the

15

receive
(DST)

$35,000 school bonds.

Aug. 23. The approving

check

will

Secretary,

sealed bids until 7:30 p.m.

Hill Sch. Dist. No.

Rock

$10,000

of

purchase

obligation

certified

A

Bond

1, Monongahela),
Pennsyl vania

Bond

inclusive,

1, 1949. Denomina¬
Principal and interest
(F-A) payable at the Chase Na¬
tional Bank, New York. Legality
approved by Sinkler, Gibbs &
Simons, of Charleston.

No.

R. D. No.

and im¬

the

for

12

general

*

Twp. Sch. Dist. (P. O.

•

1960

$6,000 from 1961 to 1966

tion $1,000.

will receive sealed bids until Sept.

option of the purchaser. The

Randall;

receive

follows: $5,000

inclusive.

Secretary,

Borough

Lingenfield,

City, at

t

as

to

Dated Aug.

for

check

certified

A

Bond

the right to redeem all
maturing after March 1,

District, is required.

and

1,

1957

quired.

j

1955, on said date or on any in¬
terest
paying
date
thereafter.
Principal and interest (M-S) pay¬
able at the office of the County
Treasurer, or at the fiscal agency
the

and

Feb.

on

from

$1,000, payable to the District, is
required.

1949.
Denomination
$1,000.
$7,000 on March 1 from 1950
to 1965 inclusive. The District re¬

of the State in New York

in¬

1959

to

1950

Principal

cost.

out

1,

bonds

1956 inclusive.

Churchill,
Ruffin
&
Burgwin,
Hazlett, of Pittsburgh, will be
furnished to the purchaser with¬

Due

serves

from

1

hospital bonds. Due
Feb. 1 from 1951 to

on

56,000 2V2% hospital bonds. Due

expressed in a multiple of Y\ of
1%.
The approving opinion of

g—Dorothy C.

bonds.

and

interest
payable at the Farmers & Mer¬
chants Bank, of Sharpsburg. Bid¬
ders to name the rate of interest,

White, District Clerk, will receive
sealed bids until 8 p.m, (PST) on
Sept. 14 for the purchase of $105,000 not to exceed
5%
interest
school coupon

Oct.

clusive.

PENNSYLVANIA

electric system extension

Clerk

Grand River, Ohio

rate

e r

funding

on

(P. O. Sheridan), Ore.

O f f

Bond

the

Carl

—

will

Clerk,

Bond

Thompson, Village
ceive
sealed
bids

Offering

Bond

City

purchase of $18,apparatus equip¬

Dated Sept. 1, 1949.

1, as follows:

Sept.

School

County

No. 48-14

Blackwell, Okla.

Williams of Cincinnati

Will be furnished to the

t

YamhilL

bids until 7:30 p.m. (CST) on Oct.
4 for the purchase of $1,250,000

Ohio

Bergholz.,

v

Bond

for

Portland, will

the purchaser at

to

approving
opinion
of Winfree,
Cleveland, as 2y4s, at a McCulloch, Shuler & Sayre of
price of 100.50pa basis of about Portland' will be furnished to the
purchaser without cost. A certi¬
2.18%.
fied check for $15,000 payable to

bids until Oct. 4 for the
of

improvement
coupon bonds.
Dated Oct. 1, 1949.
Denomination $1,000.
Due $5,000

& Co., of

OHIO
•

liams, of Cincinnati, will be fur¬
to the purchaser without
cost.
A certified check for $1,950,
nished

were

July 1.

000

of the City. A certi¬
fied check for $5,000, payable to
the City, is required.

$1,950,000 not

Denomination $1,000

issue

Sold—An

exceed

sewer

(P. O.
Fargo), N. Dak.

Cass

'

(EST)

noon

furnished

be

will
receive
(DST) on

Directors,

Sept. 14 for the purchase of $50,-

the expense

Warren, Ohio
Offering—Carrie

Bond

at

—

sealed bids until 8 p.m.

interest

purchased by the First Securities

a

Offering

Paese, Secretary of the Board of

date

(F-A) payable at the office of the
City Treasurer.
The approving
opinion of Winfree, McCulloch,

i

'

Bond

1958,

1,

paying

interest

any

thereafter.

District, Pa.
A. Lillian

Sharpsburg School

numerical order at par and

verse

Co, of Charlotte, and
follows:

$4,000

1950

a

1C-J8 and 1969. Bonds

Lyndhurst, Ohio
Bond Sale—The $150 000 storm
and sanitary sewer bonds offered
Sept.
6—v.
170,
p.
838—were

1 from

Oct.

on

expressed in
multiple of Ys of 1%. The ap¬
proving opinion of Townsend, El¬
liott & Munson, of Philadelphia,
will be furnished to the purchaser
free of charge. A certified check
for 2% of the bonds, payable to
the District Treasurer is required.

bonds. Dated Aug. 1, 1949.

1967

$21,000

the rate of interest,

55

as

$24,000 3%

pm.

to 1959 inclusive. Bidders to name

obligation

general

7:30

Due

inclusive; $6,000 from 1958 to
inclusive; $7,000 from 1964

1963

is

required.

101.36,

sealed

follows: $5,000 from 1954 to

as

1957

Luther,

(DST)) on Sept. 15
for the purchase of $210,000 im¬
provement coupon bonds. Dated
Oct. 1, 1949. Denomination $1,000

Denomination $1,000. Due on Aug.

burger, Evatt & Barton, of Co¬
lumbus, will be furnished to the
purchaser.
A certified check for
payable

til

Offering—The City Clerk

interest

T.

&

Associates,

tors, will receive sealed bids un¬

Ore.

(PST) on Sept. 19 for the
purchase of $100,000 not to exceed

interest, expressed in a mul¬
tiple of 14 of 1%.
The approv¬
ing
opinion
of
Bricker,
Mar-

Offering—A.

Dickson

Secretary of the Board of Direc¬

p.m.

rate

School District
Johnstown), Pa.

O.

Bond

March 15 from 1950

on

receive

will

awarded to

Wilson

Due

Toledo,

Dated Sept.

any

(P.

to 1956 inclusive.

Sept. 1, 1951.

on

on

Bidders

date.

sealed

(1031)

Richland Township

a

interest street im¬

provement notes.

CHRONICLE

Bank, of Portland, as 2s,
price: of 100.32, a basis of
about
1.89%.
Dated
Sept. 15,

at

Hopkins,

noon

exceed

to

will

FINANCIAL

National

Don

—

(EST) on Sept. 20
purchase of $93,500 not

$1,000,

31,000 school
2y4s, due
1

City

Offering

of

$69,000 general obligation bonds,

! '

COMMERCIAL, &

Ironton, Ohio

Stanly County (P. O.
Albermarle), N. C.

;

•;*

THE

Number 4837

170

Volume

$500,000

fire

S125,000
.

Drice of 100.06,
follows:

basis of about 2.46%, as

fmm

deoartment bonds:
4s, due on Sept. 1

as

1950

to

1954 inclusive*

$275,000 as 2V4s, due on

Sept.

56

1965 inclusive;

1 from 1955 to

$100,000

2y>s, due on Sept.

as

inclusive.

1 from 1966 to 1969

000

as

1

Sept.

on

inclusive;

1965

to

1955

$90,000
:

due

2y4s,

as

2V2S, due on Sept. 1

from 1966 to 1974 inclusive.

1,000,000
school,
1949
bonds:
$200,000 as 4s, due on Sept. 1
from 1950 to 1954 inclusive;
*

;

&

Parkhurst

will be furnished.

Sale

Bond

;

school bonds purchased

170, p. 839—was awarded to the
First Southwest Co., of Dallas, at

100.294, a net interest
of about 1.4761%, as follows:

price of

a

cost

by Mem¬

in

previously noted

739,
were
sold at
100.009, as follows:

of

price

a

Due on July
1968 inclusive.

$223,000 as 3y4s.
from 1.950 to

Due

3y2s.

227,000 as

170, p.

v.

1

July 1

on

1978 inclusive.

from 1969 to

iy4s.

Gainesboro, Tenn,

>

Offering—-J.

sealed bids
Sept. 22
for the purchase of $25,000 water
works improvement bonds. Dated
Sept. 1, 1949. Due on Sept. 1, as
follows: $1,000 from 1952 to 1963
inclusive, and $13,000 in 1964.
All bonds maturing on and af¬
ter Sept. 1, 1960 shall be subject
to redemption
by the Town on
any interest payment date on or
after Sept. 1, 1959. The approving
opinion of some market attorney,
together with the printed bonds,

i
i

until

•

■

10

shall

receive

will

Mayor,

'i

Draper,

M.

(CST)

a.m,

on

the

to

furnished

be

pur¬

chaser without cost.

inclusive.

1958

1954 to

Due

1,

Oct.

on

•

(F-A) payable at the First

terest

Legality

National Bank, Houston.

by
Vinson,
Elkins,
& Francis, of Houston.

approved
Weems

1, 1949. Bonds ma¬
turing on or after Oct. 1, 1956 are
callable on Oct. 1, 1955, or on any
subsequent interest payment date,
at a price of 102. Second high bic
:>f 100.05 for the $7,150,000 bonds

iy2s, reflecting a net cost ol
1.4918%, was made by a syndicate
which
included,
among
others.
Glore, Forgan & Co^ Equitable
Securities Corp., A. C. Allyn &

Fort

Co.,
Inc.,
and
Merrill
Pierce, Fenner & Beane.
Sale—The

bonds has

Union Securities Corp., Coffin

Investments, of Dallas,
price of par, a net interest
of about 1.903%, as follows:

B.

a

lost

1951

a

recent election.

Texas

Gilmer,

.

$250,-

water works and sewer rev¬

000

bonds purchased by the First
Corp., of San Antonio,
bid reflecting a net interest

enue

of

Texas

on

a

cost of about

noted in

3.14%, as previously

170, p. 936, were sold

v.

follows:
as 3s.
Due on Aug.
from 1950 to 1974 inclusive.

$143,000

1975

to

Principal and interest
payable at the Dallas Na¬
tional Bank, Dallas.
Bonds ma¬

274,000 l%s. Due on Jan. 1 from
1970 to 1975 inclusive.

turing in 1965 to 1984 are callable
at par, as a whole or in part in
inverse numerical order, on Aug.

Due

1, 1949. Second high

July 1, as follows:

on

count.

in

turing

1970 are
option of
1, 1953. The

1966

to

at

Town

July

on

re¬

the

the

deemable

au-

opinion of some market
attorney will be furnished to the
purchaser without cost.
proving

Union

O.
Maynardsville), Tenn.
(P.

County

'

Sale—The $100,000 school

Bond

bonds offered July

sewer

-

,

.

,

Indep. Sch. Dist'., Tex.

Brenham

$100,000 school
bonds offered Sept. 5—v.

Bond Sale—The
house

170,

were

—

awarded to
of

Inc.,

Edwards,

J.

R.

935

p.

Dallas.

1949. Due on March
from 1950 to 1969 inclusive.

Dated Sept. 1,
I

at

clusive,

Texas
Bonds Publicly Offered — Volz
Carswell & Co. of San Antonio,
ire

publicly offering an issue of

1950

second

2s, at

as

The

highest bidder was Scott,

Horner &

Mason, lor 2s, at a price

Bond

1958 in¬

bids

sub¬

$40,000 not to ex¬
4%
interest school house
offered on Sept. 6—v. 170,

bonds
p.

936. The State Board of Edu¬
to purchase the
as 3s.
The bonds are dated

$125,000 revenue bonds, divided as

cation has agreed

follows:

$93,000

Corp., of Nashville, on a
bid reflecting a net interest cost of
The

2.43%.

about

bidder
terest

cost

of

a

net in¬

2.43%.

about

Bond Offering

fol¬

V

1968

1973

to

until Sept. 23 for the

purchase cf

Se¬
ries 1949 bonds. Due serially in
30 years. The approving opinion
dormitory

revenue,

DIVIDEND NOTICE

Allen B. DuMont Laboratories, Inc.

1,

Sept.

1949
from

1950

clusive.

on

1959

in¬

to

water and
bonds. Due on Sept. 1,

sewer
as

Nuveen &

be furnished

the rate

name

Paying Agent

has

Library, Series EE,
$428,000; Public Health Center,
Series FF, $150,000. All three is¬
sues
are
dated
Oct.
1,
1949.
Public

bonds will be

for the
on

15.—V.

Sept.

con¬

170,

p.

936.

City

bids until 10

Issue

Bond

—

An

to exceed 1%%

bonds.

fol¬

of

expected

bonds
in the

$19,000,000 toll revenue

to

be

made

future.

'

,

Pend Oreille County Con.

VERMONT

Cambridge, Vt. (P. O.
Jeffersonville), Vt.
Offering—The Board

bids until

noon

(EST)

Sept. 15

on

1959, at par and accrued interest
plus a premium of 2x/2%, such
premium reducing
of 1% each
Sept. 1 thereafter until the call
price of par is reached Sept. 1,
1964.

the

purchase of $75,000 not
to exceed 4% interest municipal

Denomination
$1,000. Due $5,000 on Sept. 1 from
Sept.

1,

1950

1949.

1964

to

National

First

Principal

inclusive.

(M-S) payable at the

and interest

obligation
bonds
offered
Aug.
27—v.
170 p.
740—were
awarded to the State, as 2.60s, at
a price of par.

Gray,

Boston.

of

Bank

will

purchaser.

furnished

be
r

Principal and interest (M-S)

,

,

to

Dividend

Ector
T*e
B.

Board

of

Directors

of

Allen

DuMont

Laboratories, Inc., has
regular quarterly divi¬
dend of $.25 per share on its out-,
standing shares of 5% Cumulative
declared

County, County Independent
School District (P. O.
Odessa),

a

school

Sold—An issue of $200,000
bonds
has
been
sold
to

Rauscher,

holders

Antonio, at

business

record

September

at

15,

PAUL

September

7,

1949

the

close

of

1949.

RAIBOURN,
Treasurer

phases of television




a

&

Co.,

price of

bids

Sept.

27

of

par, a

San

basis

terest

$100,000

100,000

as

2V4S.

1950
as

to

2s.

Due
1954

Due

on

on

Oct.

Oct.

purchase

of

250,000
1949

Oct.
>

of interest;
multiple of y4

a

ex¬

of

approving opinion of
Cutler, of Chicago,

&

$5,000, payable to
Treasurer, is required.

the City

WYOMING
Freemont

County,

|

.

Dubois

High

School District P. O.

Dubois),
Bond

Wyo.

Offering

—

Max

will receive

Hen-

until 7:30 p.m.

(MST)

sealed bids

Sept. 24-

on

for the purchase of $50,000 not
tc>
exceed
3 V2 %
interest < building
bonds.

Dated Aug.

1, 1949.
De¬
Due $5,000 on

nomination $1,000.

Aug.

1

from

1951

to

inclu¬

1960

sive. Principal and interest (F-A)

payable at the County Treasurer's
office.

The approving opinion of
Pershing, Bosworth, Dick & Daw¬
son, of Denver, will be furnished
to the purchaser. A certified check

of the bonds is required.

Rawlins, Wyo.
Offering—The City Clerk

Bond

will -received

bids

sealed

36,000

until

system bonds.

sewer

These bonds

F

authorized at

were

the election held

July 9.

on

CANADA

M

MANITOBA
Manitoba

1

from

(Province of)

to

1974 in¬

County Treasurer's office.
opinion of some
market attorney will be furnished

at

the

The

bonds.,
1

elusive.

approving

from

improvement of
Due

1950
\

$10,000
to

on

1374 in-

issue of $11,refunding bonds has been

sold to Wood, Gundy & Co., A. E,
Ames & Co., Dominion Securities

Corp., all of Toronto, Royal Bank
Canada, of Montreal, and the
Canadian Bank

of

98.61,

as

from

2%s. Due

1950

8,500.000

Commerce, of
a

price

follows:

as

$2,500,000
r

of

as

on

Oct. 1

1959

inclusive.

Due

to

3s.

on

Oct. 1,

-

v

1965.

■

•

his own ex¬
A certified check for 5%

by the purchaser at
pense.

of

QUEBEC

the bonds, is required.

Quebec,
WISCONSIN

Bond

Sept. 6
awarded

170, p. 936 — were
W. Baird & Co.,

and
Milwaukee Co., both of Mil¬

Robert

to

the

waukee, jointly, as IV2S, at a
of

100.83, a basis of about

Dated

March

1949.

1,

March 1 from 1951 to

sive.

on
1960 inclu¬

Wis.
$500,000 school

offered Sept. 6—

644—were awarded to
Forgan
&
Co.,
Merrill

170,
Glore,

p.

Lynch,

Pierce, Fenner &

Beane,

both of New York, and Mullaney,
Wells

& Co., of

and

$3,826,700

various

re¬

municipal

works bonds offered Aug. 30 were
awarded to

syndicate composed

a

of L. G. Beaubien &

Canadienne

of

Co., Banque

Nationale,

Quebec, at

basis

Manitowoc,

building bonds

funding

both

of

1.36%. Toronto, and Hamel, Fugere Cie.,

v:\'

Bond Sale—The

Que.

Sale—The

price Montreal, Wood, Gundy & Co., of

Due

v.

general

000 000

Sold—An

Toronto, and Associates, at

Due $10,000 on

1950

1, 1949. Denomination

Bonds

$1,500 from 1960 to 1967 inclusive
and $2,000 in 1968 and 1969. Prin¬
cipal and interest (A-O) payable

improvement, se¬

clusive.

1

1, 1949. Denomina¬

on

to exceed 4% in¬
bonds,; divided as

ries K bonds.

from 1955 to 1959 inclusive.

Dated

L.

rpceive

follows:

1

1950;
and

1953,

tified check for

receive

15 for the

Kaukauna, Wis.
Bond Sale—The $120,000 swim¬

(EST)

noon

the

for
not

coupon

Oct.

Oct.

inclusive.

until

$250,000 street

of about 2.06%, as follows:

from
in all

Pierce

sealed

will

Treasurer,

ming pool bonds offered

will

Auditor,

City

$500,000

Bonds

Convertible Preferred Stock, payable
October 1, 194? to Preferred Stock¬
of

Texas

in

to

of

;;

Danville, Va.
Offering — Randolph

Bond

Hall,

$40,000
1951

$500. Due on Oct. 1, as follows*
$1,000 from 1951 to 1959 inclusive,

—v.

Bank, Austin.

Legality approved
by Gibson & Gibson, of Austin.

De¬

rate

in

The

1%.

(P. O. Yakima), Wash.
Offering — C. S.
Cole,

the

VIRGINIA

.

;

the

name

pressed

Bond

& Rugg of

Coolidge

Best,

Boston

payable at the American National

Preferred

from

Yakima County Sch. Dist. No. 32

approving opinion of Ropes,

The

1949.

$30,000 in 1954 and 1955. Principal
and interest (M-S) payable at the
City Treasurer's office. Bidders to

Sch. Dist.

eral

Dated Oct.

of

sealed

receive

will

Selectmen

improvement coupon bonds. Dated

turing in 1960 to 1979, become op¬
tional for payment on
Sept. 1,

1,

Sept. 19 for the purchase of $86,000 bonds, divided as follows:

purchase of $25,000 not to exceec
6% interest school coupon bonds

and 1979.

1949. Denomina¬
tion $1,000. All of the bonds ma¬

17th street bridge

Sept.

follows:

as

No. 59 (P. O. Cusich), Wash.
Bond Sale—The $84,241.40 gen¬

sealed bids until Sept.

for

Dated Sept. 1,

Dated

offering

is

near

(CST) on Sept.
$250,000 not

a.m.

22 for the purchase of

for 5%

Virgiria (folate of)
To

Risers, Wis.

Offering—H. G. Appleby,
Clerk, will receive sealed

Trustees,

Manufacturers
been
ap¬

—

Company

sidered

price

a

thorne, Secretary of the Board of

pointed New York Paying Agent
for
the
following bond issues:
Public School, Series DD, $2,100,-

Bids

Co., for 1X/2S, at

Two

without cost to

Roanoke, Va.

000;

The

John

was

will be furnished to the purchaser
at the expense of the City. A cer¬

in¬

Treasurer, is required.

Trust

1

March

on

inclusive.

bidder

Bond

purchaser. A certified check
$80,000, payable to the City

for

Dated

of 101.38.

ple of 1/10th,-or x/4 of 1%. The
approving opinion of Reed, Hoyt
& Washburn of New York City
will

Due
1959

to

highest

Chi¬

of

1.16%.

$160,000

interest, expressed in a multi¬

of

1949.

1,

1950

second

Co.,

price of 100.41,!

a

about

Chapman

1977

to

1953

from

1

Bidders to

clusive.

of

15, 1949.

Denomination $1,000. Due

County

1977
inclusive, and $7,000 in 1978

lows: $6,000 from 1975 to

basis

from

Trust

iy4s, at

,

Bond

3y>%

32,000

mature

and

1

March

inclusive,

$6,000 in 1974.

The Board of

—

Directors will rece;ve sealed bids

$150,000

sewer
as

1953
1954 to
1960
inclusive; $4,000 from
1961 to 1967 inclusive; $5,000

and

Agricultural and Mechanical Col¬
lege of Texas — The Prairie View
Agricultural Texas (P. O.
College Station), Texas

Sept. 1,

inclusive. $3,000 from

from

TEXAS

on

lows: $2,000 from 1950 to

highest
Securities

Corp., on a bid reflecting

and

water

3V4%

bonds. Due

second

Equitable

was

,

Northern

cago, as

issue

curities

the

$50,000 water system bonds.

were

mitted for the
ceed

regis¬

WASHINGTON

Indep. Sch. Dist., Texas

Sale—No

$72,000 heating
equipment bonds offered Sept. 6—
170, p. 840—were awarded to

$50,000
Harrell,

A.

Dated Oct.

tered bonds.

3%s; 1973 to 1977, as 3M>s.
Wortham

Va.

Offering—C.

Dec.

Sept. 1 from 1950

on

nomination $1,000. Due on March

City Manager, will receive sealed
bids until 11 a.m. (EST) on Sept.
27 for the purchase of $4,000,000
not to exceed 4% interest water

on

a

v.

a

inclusive.

1969

to

101.90,

Sturgeon Bay, Wis.

of

price of
100.19, a basis of about 1.98%.
Dated Jan. 1, 1949. Due on Jan. 1

Charlottesville,

of

Bond Sale—The

were

—

1959 to 1972, as

1xk\

as

follows:

1950 to

due from

bonds

as

101,

of

price

a

Bond

Burnet,

170, p. 740

v.

—

28 were

of San Antonio,

Investment Corp.

offered Sept. 6 were
awarded to the Cumberland Se¬
bonds

>*

Sept 6

offered

bonds

awarded to C. F. Cassell & Co.,

awarded to the Southern National

$1,000 in 1950; $2,000 from 1951 to
1961
inclusive, and $3,000 from
1962 to 1970 inclusive. Bonds ma¬

$350,000 hospi¬

construction

1, 1949. Denomina¬

1, 1964, and on any interest pay¬
bid of 100.016
ing date thereafter. Legality ap¬
Bond
Offering — J. Hoosier, for a combination of 3s, l%s and
proved by Dumas, Huguenin &
Mayor, will receive sealed bids 2s, or a net cost of 1.96%, was
Boothman of Dallas.
until 10 a.m. (CST) on Sept, 22 made
by the Philadelphia Nafor the purchase of $50,000 street
Hondo, Texas
ional Bank and the Firstration¬
Bond Sale—The $125,000 storm
improvement bonds. Dated July 1. al Bank of Portland, in joint ac¬
1949.

Bond Sale—The

tal

the

Due on Aug. 1
1984 inclusive.

3x/4s.

as

1

(F-A)

All of the bonds are dated Oct.

Tracy City, Tenn.

-v".'

of 1948, series A, coupon or

Details—The

Sale

Bond

1, 1949. Due

Sept.
'

tion $1,000.

1969 inclusive.

1955 to

:

;;

price

a

to 1969 inclusive.

a

(P. O. Pearisburg),
Virginia

at

basis of about 1.56%. Dated Sept.

1,

bonds.

Dated Aug.

from

Due on Jan. 1

City,

^

Giles County

Norfolk,

These bonds were authorized at

from

1954 inclusive.

to

540,000 ?s.

is required.

25,000 city hall and fire station

107,000

from

Due on Jan. 1

3116,000 3s.

successful

of the bonds, payable to the

100,000 sewer extension bonds.

Henry

at

the

A certified check for 2%

of 100.16.

Burr, and

&

furnished

l%s,

as

in a
The

$400,000 v/ater system bonds.

as

King, Quirk & Co.,
all of New York, and the Louis

fol¬

as

:

.

$930,000

sold,

expressed
l/20th of 1%.

of

the

name

interest,

be

from

issue of $525,-

been

lows:

Lynch,

general obligation bonds ($180,J00 police and courts building and
5750,000 public free school bonds)
offered on the same day were
awarded to an account composed

Tex.

Stockton,

Sold—An

Bonds

000

as

of

in¬

and

Principal

of

multiple

1950 to

from

15

Aug.

on

inclusive.

Bidders to

urer's office.
rate

will

permanent improvement refund¬
ing bonds has been sold to the
Eddleman-Pollok Co., of Houston,
as 23/4s.
Dated Nov. 1, 1949. Due
1957

Oct.

1, 1949. Denomina¬
Principal and interest
(A-O) payable at the City Treas¬

bidder.

Bonds Sold—An issue of $48,000

Oct.

Additional
Bond

(P. O.
Richmond), Texas

$6,000

Dated

tion $1,000.

approving opinion of Reed, Hoyt
& Washburn of New York City

Fort Bend County

Sept. 8—

on

Parkhurst &

by McCall,
Crowe, of Dallas.
proved

v.

1959.

phis Securities Corp., of Memphis,
and Associates, on a bid reflecting
a net interest cost of about 3.42%,

Principal and interest
payable at the Mercantile
National
Bank,
Dallas.
These
bonds were authorized at an elec¬
tion held on Jan. 8. Legality ap¬
(A-O)

extension rev¬

Monday, September 12, 1949

FINANCIAL CHRONICLE

&

tion $1,000.

system

sewer

offered

bonds

Dated

Details—The $45,000

Sale

Bond

■.

and

improvement and

1,460,000

Dyer County (P. O.
Dyersburg), Tenn.

X

The issue of $7,-

—

works

water

from

if"-

>

„

1

electric light and power,

150,000

enue

.

.

as

Dated Sept. 1, 1949.

"•
'»

;

Texas

Austin,

2y4s, due on Sept.
1 from 1955 to 1965 inclusive; $960,000 3s. Due on Oct. 1 from
1950 to 1953 inclusive.
v
$360,000 as 2%s, due on Sept.
4,730,000 l%s. Due on Oct. 1
1 from 1966 to 1974 inclusive.
$440,000

as

General and McCall,
Crowe, of Dallas,

of Attorney

250,000 park and recreation bonds:
$50,000 as 4s due' on Sept. 1
from 1950 to 1954 incl.; $110,from

COMMERCIAL

THE

(1032)

Chicago, jointly,

a

of about

$568,000

as

from

22As.

1950

1,188,000
from

as

to

3s.

1955 to

1,225,000

price of 98.82,

3.40%,

as

as

Due

on

1954

a

follows:
Sept. 1

inclusive.

Due

on

1963

inclusive.

3%s> Due

on

Sept. 1

Sept. 1

1964.

Dated

Sept. 1, 1949.

;l

1

1