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194 7
MONDAY
Tk e
Chronicle
Reg. U. S. Pat. Office
New
General
RAILROAD
PUBLIC UTILITY
-
Abitibi Power & Paper Co., Ltd.—Definitive Bondsfirst mortgage 3 ¥2 % serial and 20-year bonds, series A,
are
now
available for exchange for the presently outstanding bonds
at the Montreal Trust Co. in Toronto, Montreal, Winnipeg or Van¬
couver, Canada.
The first interest payment date is Oct. 1, 1947.—
to
common
turbine-driven pumps, well supplies and compression-type hy¬
Ind., it was announced on Sept.
business for 66 years, has a gray
foundry for its own use in addition to integrated manufacturing
drants, with plants at Lawrenceburg,
4.
The Cook firm, which has been in
facilities.
abovementioned acquisition is the third for All American during
the current year.
The others were Oklahoma Steel Castings Co., of
The
Ohio.—
FitzSimons Steel Co., of Youngstown,
Okla., and The
V. 165, p. 2661.
Tulsa,
•
,
:
revenues
expenses
—
—
4,856,864
———*
:
applicable
for the
not
—
credit
1
513,023
600,000
172,291
1
Cr263,137
Cr54,154
111,580
for
nigh
Cr2,045,000
——
-
—
requirements
$121,748
28,505,998
$2,287,293
30,708,392
statement .includes American Airlines
de Mexico, S. A., a wholly owned subsidiary, but do not include Sky
Chefs, Inc., Manhattan Air Terminals, Inc. (both wholly owned) or
American Overseas Airlines, Inc. (61.8% owned).
American
Overseas
Airlines,
Inc., on the basis of a temporary
airmail rate of 75c. per ton mile, operated at a loss of $1,798,366 for
the
six
months onded June 30,
1947, the company's proportionate
share of which is not reflected in the above statements.
This sub¬
sidiary has pending before the Civil Aeronautics Board a request for
adjustment of airmail rates for the years 1945, 1946 and 1947. .'The
extent, if any, by which such airmail rates may be adjusted and its
effect upon the company's profit and loss statement is undeterminable
above
time.
to
financial
about
700
persons,
should
Capacity
production
San
f,c,
3161.
to
operation of DC-6 airplanes.
The interest is being capitalized as
equipment is placed in service and the training expenses are
amortized over a period of four years.
The Federal income tax
credit
includes $332,237,
resulting from the aforementioned deferred
it has
markets,
indicates a per¬
Mr.
Sullivan
production
over
Power
The
now
&
'■
training expenses.
June 30,'47 Mar. 31,
Quarters Ended—
Net
profit—
♦LOSS.
$52.50
per
have
serial
called
class
share,
A
and
for
stock,
accrued
redemption
optional
dividend
on
1947,
1,
Nov.
Operating
revenues
the
rose
of
end
to $22,115,205 in
revenues
for
expenses
280,742; first quarter,
At
47 June 30, 46
$325,901
$786,343 *$3,073,636
-
operating
with
the
periods were: Second quarter, $18,-
two
$18,215,975.
June,
this
the Second quarter, com¬
$15,703,940 in the first quarter.
of
consisted of 132
four-engine DC-6 Flagships,
Americans fleet
year,
planes, 16 of them the new 52-passenger,
four-engine DC-4s, six DC-4 Airfreighters,
67 21-passenger twin-engine DC-3c and for DC-3 Airfreighters.
As of June 30, 1946, American had a fleet of 110 planes in com¬
mercial
operations,
including 80 DC-3s, four DC-3 Airfreighters,
20 four-engine DC-4s and six DC-4 Airfreighters.
39
of
them
50-passenger
New News Editor—
from
relations
April.—V.
„
166,
division.
p.
He
been
had
acting
to Rex
Washington
editor
news
since
849.
American Brake Shoe
Co.—Registers with SEC
shares
held
record
of
the
at
close
Co., New York,
redemption agent.—V. 166, p. 753.
as
business
of
Trust
N.
Y.,
has
Sept.
on
been
Co.
company
on
(Inc.), Chicago.
the
to act
Months
Ended
June
30—
income
"1946
1947
profit
Selling, admin, and general expenses
Discounts on purch., less discounts on sales, etc.
taxes
$289,210
$498,150
161,320
141,041
Cr885
Cr2,29i
127,000
-
*60,800
Pennsylvania income taxes™
14,000
*6,400
Net income from operations
$196,715
$83,260
♦Adjusted
to
basis of taxes
V.
the
on
amount
thereof
to that period on the
payable for the year 1946.—
applicable
income determined to toe
Preferred shares will be
FLORIDA & NEW
JERSEY
Municipal Bonds
municipal
cAllen &
department
Company
Established 1922
30 BROAD
Telephone:
STREET
HAnover-2-2600
>
i
nun
NEW
Bell
YORK 4, N. Y.
"*
Teletype:
NY 1-573
latest plan the time within
with its order requiring divest¬
common
dividend of 25 cents
stock, payable Oct. l
per
to
This makes 75 cents per share to date in 1947.
Power & Light Co.—Weekly Input—
ended Sept. 4, 1947, the System inputs of subsidiaries
company amounted to 209,399,000 kwh., an increase of 29,572,kwh., or 16.4%, over the corresponding week last year.—V. 166,
American
For the week
of
tms
945.
American Telephone & Telegraph Co.—Rights—
The company expects
that on or about Nov. 10, 1947 assignable
warrants to subscribe to the proposed new convertiole debentures at
their face amount will be sent to stockholders entitling each stock¬
holder to purchase $100 of convertible debentures for each six shares
of stock held at the record date for rights,
which is expected to be
Oct. 31, 1947.
Since the amount of the issue will depend upon the
number of shares outstanding
on that date, it will be affected by
conversions of the company's presently outstanding convertible deben¬
tures.
On the basis of the number of shares outstanding at Aug. 22,
issue
the
amount of
the
1947,
vote
stockholders will
would
Oct. 15
be
on
approximately $354,00(1,000.
approving an authorized issue
$408,000,000 of new convertible debentures.
If
the maximum principal amount of debentures were to be sold
and
all
such
debentures
should subsequently be converted
at the
maximum
conversion price of $150,
the company would ultimately
not
In
ThU
Quotations
New
York
Stock
Exchange
(Stocks)
New
York
Stork
Exchange
(Bonds).-
York
Curb
Exchange
Stock
Exchange
....
Exchange..!.—
Stock
Chicago
Stock
Exchange
Cincinnati Stock Exchange
Cleveland
Stock
Exchange
Detroit Stock Exchange
Los Angeles
Stock Exchange..
Philadelphia Stock Exchange..
Pittsburgh Stock Exchange
St. Louis Stock
Exchange
Francisco Stock Exchange
Montreal Stock Exchange
San
Toronto
Curb
Exchange
Stock Exchange
Exchange—Curb Section
Markets—
Transactions New York Stock Exchange
Transactions New York Curb Exchange
Toronto Stock
Over-the-Counter
...
of
company
purchase of stock If and when offered for subscription
such companies; for extensions, additions and improvements to its
telephone plant; and for general corporate purposes.
The company
announces that it is unable to determine
the amount of such proceeds
which will be devoted to any one of the foregoing purposes.—V. 166,
panies; for the
by
Page
Baltimore
The
debentures and such
the
of
Boston
approximately $612,000,000 before deducting
intends to use the proceeds from the sale of
proceeds as are received upon the conversion
debentures for advances to its subsidiary and associated com¬
aggregate
an
expenses.
the
Stock and Bond
exceeding
receive
Immuc
17
28
33
37
37
38
38
38
39
39
40
40
40
40
41
42
43
45
46
28
28
28
945.
p.
,
,
American Viscose
Corp.—Partial Redemption—
there will be drawn for redemption on Nov. 1, 1947, A
shares of 5% cumulative preferred stock at $115 per
share and dividends.
Holders of the called shares desiring to receive the redemption price,
Sept.
On
19
total
of
plus
accrued dividends to Nov.
1947.—V. 166, p. 658.
4,301
1,
1947, may
do so
on
and after
Sept. 25,
Co., Inc.—Bids for Stock& Electric Co., Inc., is about ready to
properties through rights to its own common
American Water Works
Works
Water
American
water
dispose of its
stockholders*
effectiveness of its registration
Subject to
statement, American Water
Inc., proposes to advertise for bids Sept. 13, to .be
Sept. 25 for the sale of 2,343,105 shares of common stock
(par $5).
This is the new company which is to control the water
properties to be divested by American.
The
bidding
would set the price at which the stock would be
offered
through rights, to American's common stockholders.
The underwriters would take up all stock not subscribed for through
Works
Co.,
opened
^Under'the
163,
0.—V.
Oct.
contemplated, the bids would be opened
stockholders would expire on
1855; V. 165, p. 1722.
program, as
and rights
25
8eot
on
p.
now
to American's
Works & Electric Co., Inc.—Outputthe week
increase of 13.23% over
82,084,000 kwh. for the corresponding week of 1946.
American Water
power
Miscellaneous Features
Investment News.Cover
State and City Bond Offerings
58
Redemption Calls and Sinking Fund Notices 49
The Course of Bank Clearings
47
Dividends Declared and Payable
50
Foreign Exchange Rates
45
Combined Condition Statement of Federal
Reserve
Banks
45
Condition Statement of Member Banks of
Federal Reserve System...
49
Capital Flotations for August 1947
3
output of the
Sept
ended
—V.
166,
The
of
electric properties of this company for
totaled 92,947,000 kwh., an
945.
p.
Anchor
;
Post Products,
Inc.—Files With SEC—
has filed a letter of notification with
offering on Sept. 29 of 45,550 shares
company
proposed
its
1947
6
output
the
General Corporation &
SPECIALIST IN
quarterly
the
on
Sept. 18.
of
Stock and Bond Averages
Hall &
offered for subscription
the
share has been
holders of record
In 1946, the
company
paid four quarterly dividends of 25 cents each, and, in
December disbursed an extra of 25 cents, which brought the total tor
last year to $1.25 per share.—V. 164, p. 2402.
regular
The
166, p. 49.
under
of
Manufacturing Co.—Declares Usual Divv—
American
declared
000
Gross
American
completion of the pipe line project and its profitable operation."—
p.
American Insulator Corp. of Delaware—Earnings—
6
by
166, p. 754.
1947.
22,
named
that
said
to be taken to comply
are
its interest in Detroit Edison Co. and .the
complete severance of United Light & Railways from the American
system "is not specifically indicated and depends substantially upon
ment
wiih the
Sept. 8 filed a registration statement
SEC covering 199,101 shares ($100 par) cumulative
convertible into 'common stock any time prior to Oct. 1, 1957.
writers are The First Boston Corp., New York
and Harr 8,
The
at
A.
President, announced on Sept. 9.
regular quarterly dividend on such stock accruing to Oct. 1,
1947, will be paid to stockholders of record Sept. 17, 1947.
The 46,150 shares to be redeemed will be selected by lot from the
Montreal
David E. Nopper has been appointed News Editor, according
Smith, Vice-President, public relations.
Mr.
Nopper formerly was director of the company s
public
46,150
series of 1936,
Oct. 1, 1947, Harry
dividend
,
Operating
pared
,
which steps
Corp.—Partial Re¬
Light
Commission
The
.
The
directors
of
letter's
proposed.
Hillside,
New
the
the
V.
Cities
Co.'s
Light & Railways Co., parent of American Light, Joined in
reorganization application.'
Allied Chemical is a large
of American Light.
The SEC also pointed
out that the plan in its opinion appeared
to have certain deficiencies, including the absence of any assurance
of expeditious compliance with the Commission's 1941 divestment order.
Under its provisions,
which supersedes a previous plan, American
Light would continue its existence with its present capital structure
as
an
integrated gas utility instead of being liquidated as originally
civilian
to
that
wil* augment Can supplies of midwestern brewers.—V. 165,
American
Traction
memorandum
the
in
said, will boost the
being obtained at
Brooklyn, Chicago, Houston, Los Angeles
Francisco. New production lines being completed In St. Louis,
1
affirmed its previous order which denied the
& Dye Corp. to stay proceedings on American
3
plan of reorganization.
The Commission, In
opinion said its decision on Aug. 12 was predicated
belief that proponents are entitled to be heard on the plan's
&
stockholder
demand."
at
Sept.
on
Affirms Refusal
Plan—
merits,
although
"because
return
point
a
for
being
interest and
be
'
the six months ending June 30,. 1947, the company deferred
interest paid on debentures used for financing acquisition of
equipment and facilities and expense incurred in training of personnel
During
$874,299
BEC
on
United
an esti¬
Vice-President, who
Sullivan,
L.
R.
soared
company s total output 33 %
factories in Jersey
City,
Federal
NOTES—The
have
manently higher level of
Cr600,000
.
679,980,271 538,256,195
flown
miles
passenger
according
costs," Mr. Sullivan said,
six months since the beer can's
only
Manufacturers
•Loss.
at this
The
Proceedings
motion of Allied Chemical
factory.
can
loss
from
period
—
beer
a
building
oeen
brewers
128,543
~
resulting
Revenue miles flown
Revenue
American Light & Traction Co.—SEC
to Stay
on
The
yet delivered
tax
loss
Net
one
Unsub¬
Arthur,
—
payments
advance
to
deductions
income
$37,955
to
349,414
Interest charges-—-
equipment
transition
of
representing
amount
income tax credit re¬
operations
equivalent to Federal
sulting therefrom
peacetime
Federal
of
held.
company is going ahead with construction immediately, despite
1,796,866
*$3,534,436
operating profit
of estimated expense
Portion
Other
ratio
the
demption—
of
depreciation
and
obsolescence
and equipment--
for
the
plant, which will employ
production within 12 months.
$37,819,145 $28,308,250
36,496,717 26,473,429
*
J.,
sam
shares
Amount
in
1,
of common
1946
1947
June 30—
N.
mated$10,000,000,
p.
Net
Oct.
on
T.0!?1 2! Pr°Perty» building and complete equipment will be
~
and
for
record
of
offered
company on Sept. 10 announced the purchase of a 46-acre site
Huiside,
American Airlines, Inc. (& Consolidated Sub.)—Earns.
Six Months Ended
Copy
a
MISCELLANEOUS
-
Light
.
pumps,
property
be
publicly through the underwriter. Pro¬
ceeds will be used to
pay off $12,250,000 short-term bank loan and
for general funds.—V.
166, p. 753. "
in
corporation has acquired the entire outstanding capital stock
of A. D. Cook, Inc., manufacturer of deep well steam pumps, plunger
Prov.
will
a
American Industries, Inc.—Acquisition—
Operating
Operating
stockholders
shares
INSURANCE
-
American Can Co.—To Build Beer Can Plant—
The
iron
INDUSTRIAL
-
<ue ,of. Preferre<i for each five shares
scribed
166, p. 49.
All
Price 75 Cents
Corporation and Investment News
Definitive
V.
York, N. Y., Monday, September 15, 1947
subscribe for
share for
of the company's common will receive rights to
additional stock at $6 a share at. the rate of one new
five shares held on Sept. 5.
Any stock unsubscribed by
3
mav be sold at a price not less than $6 a share.
Holders
the
each
Ort
the SEO regarding
of common stock.
The' oTfering
sorting
There
1 zuW
will be no
Amrerman
PprlnriEnd
SaTeS
aggregating $273,300, will
■»'«■ r/ft„b'e,„a»nd
underwriters.—V, 163, p. 1718.
Co.,
AUR
lnCKSSe toV"'torleS-
Inc.—August Sales Declined 4%—
1947—Month—1946
lb4<—7 MoS.—1946
$589,983
$614,388 $3,903,636 $4,186,460
31—
---------
3 p.m.,
be used to provide additional
<u
v
2
1947—3 Mos.—1946
1947—12 Mos.-^L946
$6 932,706 $32,240,845 $22,114,847
$9,437,021
6,635,-654
29,057,373 21,074,810
8,^93,321
Period End. June 30—
sales
Cost
of
profit
Gross
Other
—
sold
goods
$943,700
$1,040,033
423,473
209,951
42,377
v
(net)
income
$3,183,471
$297,052
129,853
sales
on
.
157,030
sell,
Admin,
612,946
533,069
■Cfl07
2,656
other
and
expenses
-
will
Avco,
(net)-.
expense
will
Avco
transaction
Bellefield
The
SEC
share,
own,
the
on
terms and tat tne
same
bu-ga.
coot
same
Profit
of
for
prov.
advances
loss
on
loss
for
control
35,000
9,000
and
112,500
108,000
556,951
367,549
Central
Co.
to
130,000
150,000
150,000
165,000
for Fed. inc.
tax
adj.
30~4~840
taxes
Cr'71,9 20
£15,315
rentals—
future
Inc.
from
deducted
he
to
136,995
77,023
prior yrs._
concentrate
to
the
—V.
$347,364
$93,447
$1,481,962
673,100
673,100
673,100
$0.01
$0.38
$1.69
-
sh._—.
com.
Nil
165, p. 3274.
further
Debentures—
Antilla Sugar Estates—Calls Ctfs. and
4
announced that all its outstanding securities pa?*
certificates, class A and class B, and all pf its 6% income
debentures have been called for redemption on Sept, 30, 1947.
company has
ticipation
held
the
sale
aircraft
disposal of
the
production
166,
'""p.
462.
obtained in part from "the proceeds
and in part from a 10-year $3,000,600
i
'
;
,
.
.
,
.
.
.
•
■
Corporation's non-aviation
the
program.
from
its
734,364
9,205,233
has
serve
1,685,216
Cr 161,512
70,945
955,435
sales
revenues-
$370,855
$307,110
$4,503,292
Canadian
$3,700,840
lease
15,750
—-—
Operating
income
$291,360
$4,132,292
Locomotive
Baldwin
Int.
"
■locomotives
78,125
940,135
206,977
23,026
to
have
of
locomotives
and
the
and
-V.
163,
3275.
;
repair
York
(New
••
parts
.
products
of
"Journal
\
expansion &
new
surplus..—.!
1946
$294,978
220,495
220,495
equip.
1945
'
-*Net
-13,000
■
,Cr26,000
,
transferred
earned
to
$3,238,498
608,609
$250,854
;
^Oper.
608,609
-
&
Taxes,
166,
$2,629,889
*-
:
p. 754.
$1,859,269
"•
'
p.
that they have placed pri¬
vately $600,000 12-year 23A%-3-%% serial notes.
The
notes mature from March 4, 1948 to Sept. 4, 1959.
,
.
Of
the
notes,
$400,000
with
full details,
$200,000
V.
placed
were
Life
American
completed
Co.
Bank
of
York
of New
Worcester,
!
Gas
&
negotiations
Electric
Co.
Union
with
Securities
Sept.
that
4
it
registration statement becomes effective.
shares
The
plan
i,ts
are
filed
AV*%
contemplates
dividends
its
on
American
•
•
.
.
New
.
„
,/
.
distributing
common
Gas
&
about
stock.
"
'*•'
Electric
originally offered these shares for com¬
bidding earlier thia year, but-rejected bids received from two
competing underwriting groups, i
•
1
*
•
i\
i •
!•
1
,
,
senior
officer.—V,, 166,
367.
p.
/
'
"
•
-
Avco
Manufacturing Corp.—To Dispose of Interest in
in Newly Formed Concern-
Victor
Emanuel,
ration
will
of
At
the
stock
by
time
in
Avco
of
Sept.
will
5
interest
properties
Convair.
directors
on
substantial
a
non-aviation
same
interest
the
Chairman,
acquire
the
of
dispose
Both
announced
substantial
a
are
at
that
this
corpo¬
in a new corporation con¬
Consolidated Vultee Aircraft
''
of
moves
both companies
part
of
-a
meetings held
portion
plan
of
its
approved
Sept.
on
4
and
Sept. 5.
is
"Avco
of
durable
Avco
is
continuing
consumer
following
"This
field
of
move
plan
Emanuel
decreasing
of
expansion
said.
"At
the
in
the
its .investments
same
in
general
Convair
to
concentrate
it3
in
of
he
stated.
the
a
new
corporation
will
interests
be
^^^"Dan^sAbert^^^slden^'william^D^
as
135
S.
second-class
La
Salle
matter
Rl'ggs
of
if
T**7[ 00 accouat ot th® "bctuatlons
2,383,100
$1.19
,
taxes,
1945
'
$2,255,354
2,000,000
$1.18
$1.03
.
fAfter
preferred
dividend
re¬
'
(&
Subs.)—Earnings-
30—
1947
704,971
taxes
:
988,000
244,884
$1,611;809
share.
common,
for
30,
1946
$9,945,271
2,599,869
charges
$460,087
$4.40
$1.01
■/'■
..v_
that
period
1947
1947 amounted to $869,660
>
-
were
reported at $9,130,947.
sheet showed that current
balance
-stood
.
at
$17,018,162
while
assets
liabilities
current
as
of
totaled
"
-
j
the
bookings,
He
year.
stressed
that
this did not
reflect
a
dropping off
but rather a stepping up in production.
Bookings, he
currently running at about the rate of last year's billings.
In commenting on the decision of the
company to close its Brooklyn
plant, because it was an uneconomic
operation, Mr. Smith said that
while that
plant produced some 40% of last year's production, all
of the profit of the
company was earned by operations in the middle
west plant,—V. 166, p. 946.
Exchange—B. B.
due Feb.
provides
1,
:
are
1
that
interest
l,
1947 shall
the exchange date the old con¬
appurtenant thereto maturing on
only the right to obtain in ex¬
evidence
old
for
$3
cumulative
preferred-stock,
made
the
this
on
issue
The
i
of
as
issue
July
sardine
poor
l
April
on
l,
amounted
in
run
the
the passing of the dividend.—V.
,
!
>
!
'
■■
this
at
time
■
cents
per
share
that "accumulations
share.
Per
Bay
on
'
>'
area
is blamed
for
203.
p
V
Booth Fisheries Corp.—Annual
;
!
-''J
and
$15.50
Francisco
165
'
due
•
payment of 75
1947,
to
San
action
$15.
par
'B sported -that the last quarterly
was
after
coupons
directors have decided to defer dividend
the
on
i
new
of
same
(F. E.) Booth & Co., Inc.—Dividend
Deferred—
The
2010.
with
the
^ears Ended—
Sales
and
Costs
and
Report—
Apr. 26, '47 Apr. 27, '46 Apr. 28, '45 Apr. 29, '44
$26,846,480 $24,915,837 $24,389,932 $22,624,192
revenues____
expenaes.___
Profit
Feb.
1, 1947- and subsequent regular -interest
eontingeht' interest coupons -Nos.
9
to
16, inclusive,
convertible
nevertheless
bonds-and-are
should
be
not
946.
p.
available
forwarded
-
-
for
attachment,
exchange
'
/
for
Taxes
without
on
from
25,G'44,203
23,342,485
22,733,453
20,953,210
$1,002,277
$l";573,352
$1,656,479
$1,670,982
964,560
l,lt6,230
1,232,740
$608,792
$480,249
incqme_^i._—
Preferred
with
compares
quarterly payments
and July 1, this year.
of
25
cents
per
record
cents
dividends—.,
•
per share,—y.
166,
,
A®SE"rS—Cash,
$37*365;
share
Plant—
,
•
-
,
v-
,
...
•
non-current
equipment
(after
paid
1947
of
reserve
$132,686),
market), $3,029,077; supply
Insurance and other "expenses,
for
etc.
<(at
depreciation
50
700;
cents
$7,907,316.
L1ABJ^JTES~Notes
trade,
in
total,
$439,160;
cost), $113,949;
of $1,426,920),
common
stock,
to
banks, $875,000; accounts payable,
May 1, 1947 (preferred stock, $14,$66,565;
accrued
payrolls
and
misc.
payable
$51,864),
taxes,
$224,730; provision for taxes on
income, $371,211; reserve for
possible; future inventory price
decline
(appropriated from ^earned
surplus in 1942), $250,000; 4% cumulative
preferred stock (par $100),
!Lt7L000: common at»ck
$682,209;
/
has announced plans to establish a small manufac¬
turing plant in Canada.
*.
'
a.:
The plant which
will probably be located at
Midland, about 100
miles
from Toronto,
will
manufacture lenses for sale
"in
Canada
only."
The move was undertaken, company officials
said, "because
■;*
,
Payable
dividends
earned surplus,
'
The
(after
or
receivables,
reserve
522,014
on
$2,126,387;
Bausell & Lomb Optical Co.—Plans to Open Canadian
o
prepaid
$438,242-
85,341
'
103,730
$642,767"
receivables
(at lower of cost
investments,
LtTL and
22.
made
63,084
„
inventories
l,IiyePt®ries' ati cost- $582,M7;
658.
p.
63,365.
207,459
CONSOLIDATED BALANCE SHEET, APRIL
26,
siich
Sept.
each
388,300";
$613,977
Common dividends
f
Sept. 9, the directors declared a dividend of 50
capital stock, payable Get. 1 to holders of
opers.___
Net profit
the
"
the
(par Value $5), $1,037,299; paid-in aurplus,
$2,491,143.; total, $7,907,316.—V. 164, p. 271,
company
Borden Co.—Sales and
.
'
Earnings—
6 Months Ended June 30—
/
--
.
1946
1947
_
present
to
>
Canadian
export
Canadian
Should
Lomb's
and
sell
trade
U.
•
mauerialize.
Canadian
tariff
S.-made
manufacture."
pians
and
restrictions
lenses
"
the
in
.
make
competition
it
will
Sales,
Net income
imposs ble
with
lenses
of
Bausch
&
Earnings
be
operated
subsidiary company located at Toronto.
by
Due
to
The
steel
60,00.° shares of-common stock (par $1) offering
Un ^-75Pei' share by Dempsey-Tegeler & -Cd. and J. W.
J
Bu^nts?^
shares
have been sold and
from registration.—V, 166,
p. 50.
Draiers' GnXn.
^
v
yea?*
to the rates of exchange, remittance for
20,000
shares
have
been
company
has entered
.acquisition
of
McKay
Cream
and
s
supplier
the
Ice
fluid
Dairy of
of
milk
nationally
removed
the
the
in
milk
Ice
Carolina
Cream
Anderson.
that
and
known
division
city,
milk
John
in
which
since
to
Thompson
(Continued
on
Edwards &
$2.10
Smith.
,
Copyright
1947
f
by
William ,B.
and adv<
advertisements must be made to New York funds.
in
has
1916
.
cream
In
has
field
with
Greenville
companies
cream
that
area.
recently
been
and
manufac-
the
acquired
exclusive
the
Chicago restaurants
chain.—V. 166, p. 258.
6)
page
Park Place'
York 8, N. Y., REctor 2-9570. Herbert D. Seibert.
^eneral news>and advertising issue) with' a statistical Issue
En«land-
ice
Co.
These
Chicago
products
R.
Subscriptions in United States, U. S. Possessions,
foreign subscriptions
South
Greenville
Co.
distribute the Hostess brand if ice
Borden's
Devine
In June, last,
& Co.,
Brady
8,875,000
$2.36
the
»
'
40,000
9,975,000
^
share
the
ture
Bearings Co. of America—Stock
Offering—
>
(est.)_—
per
Enters Ice Cream Field in South Carolina—
shortages, the -plant whl <not -be in operation until-about-one
year after
are completed,
company officials stated.—V. 165, p. 2407.
organized
290,890,656 235,052,19S
—-
\
.
plan
'
plans
St., Chicago. 3, 111
(Telephone- State 0613r 1
February 25 1942 at the uost office at%ew York
a^u$uf o°r° r
Ended June
consolidated
stated,
advertisement, dated Sept. 4,
an
,-Jan. 2, April 1
-•
•
j
In addition " to folir quarterly dividends of .25, cents each
1946, the company on Dec. 2 made a year-end distribution of
V
offices:
Old
This
the
of Convair,
including the Nash105 i,aa
*
Merest in Brill and its wholly-owned
subsidiary, Hall-ocott Motor Car Co., makers of
buses and
trolley
coaches, and industrial, truck and marine
engines.
1946
$2,866,003-
2,383,100
share....
Bliss & Co.
per
in
165,
•
'
agreement,
the non-aviation
RR.—Notice
'
i
of
On
aviation
activities
: ■■
!
on
manufacture, and give to Avco a greater interest-in
manufacturing plant at Nashville, as well as ACF-
Co.,"
terms
to 'acquire
enable
alterations.—V.
and
Barber Asphalt Corp.—Declares 50-Cent Dividend-^
fields
time,
Subs.)—Earnings
1947'
•
$18,238,970
$1,374,824;
-
will
aircraft
Motors
Under
Mr.
of
common
after
of
depreciation, repairs
and
rcoupons-!—V. 166,
*
Convalr's
Brill
long-range
goods,"
policy
a
activities*
Its
holders
-bond6
Convair and Acquire Stock
sisting
Corp.
$32,144
-
to -said agent, together With a duly completed and signed
transmittal, forms of which have been mailed to all known
.any
166,
658.
,.$36,587
holders of old convertible bonds.
If the Feb. 1/ 1947 and Aug. t, 1947
regular interest coupons'(which" are void) .have been-removed from
Atlas Corp.—To Become Largest Stockholder in Con¬
Avco Manufacturing Corp. below.—V.
p.
$14,184
and
\
vair.—See
,
According to Marshall Smith, President, the backlog of the company
now totals
$21,000,000, as compared .with $28,000,000 at the beginning
attached,
subsidiary operating companies.
•
England, Vice-President and General Manager of Atlantic
City Electric Co., wili continue in charge of the company's operations
Its
decree
Feb.
bonds
.letter
L.
be
June
Ohio
&
bonds,
.
.
end its
will
$3.95
*
$5,529,620,-
coupons,,
Philip Sporn has been elected President, succeeding N. M. Argabrite.
Sporn also is President uf the American Gas and Electric Co.
and
$4.79
$2.03
_
their
Mr.
B.
336,672
$2.87
District
bonds
present the
196.229
for conting.
surplus
outstanding*——
.
income
sales
The
;
45,113
convertible bonds of like principal amount,
convertible bonds are -required by-said decree to
exchange to the company, or such agency as may
be selected by the
company to make the exchange.
The company has
.selected Bank "of the Manhattan
Company the trustee under the 30-year
■4ya% convertible bond
indenture, 40 Wall Street, New York,*N. Y.,-as
its agent to -make the
exchange. f
■
Accordingly, the hdlders of /oki convertible bonds should forward
The
s
petitive
New President—
52,437
•■■'.•-.
change therefor
,
of American Gas
The parent com¬
Shares in the form of
'
*
the
income
after
and
Electric.
*
"
19,733
i
vertible
one-half
City
remaining
the
22,312
and
80,234
Fed¬
<"
said
the amount "of
in
reserve
earned
Net profit for the quarter ended June 30,
;
$157,491
r
.
The
being sold by American Gas & Electric Co. pursuant
with the SEC under the Public Utility Holding Com¬
pany Act of 1935.
They represent
& Electric's investment in
Atlantic
pany
•
of
Corp.
95,286
decree, ^entered March 13, 1946 by the U. S. District
of Maryland approving and
confirming the ad¬
justment plan of the company dated Sept. 20, 1944, as modified, notice
,is hereby given that Sept.
18, 1947, has been determined as the ex¬
change date of the 30-year 44/2% convertible bonds; for the convertible
had
880,000
$4,131,955
profit
Earnings
Pursuant to-the
Public Offering of Stock
announced
$184,310
34,181
$15,012
!
said:-
For
York for
the .sale of 522,416 shares of common stock of Atlantic.
Public offer¬
ing of
these shares by an underwriting group, headed by Union
Securities Corp., is expected about Sept. 17, as soon as an amended
to
•
Court for
—
$68,098
42,154
Including
Baltimore
and
Mass.
$79,478
White, President, in
166, p. 850.
Atlantic City Electric Co.
The
with
Assurance
per
Months
Federal
,
announce
Mutual
see
shares
—
$2,126,686
surplus,....'
$2,998,480
(E. W.)
six
1947—7 MOS.—1946
...
*Including insurance,
3047.
■
& Torrey
43,297
—
3,660,00a
.
$273,243
exps._.
misc.
Net-income
Arnold, Hoffman & Co., Inc.>—Notes Placed Privately
«—Cohu
166,505
$8,715,252
Cr691,478
Salos
1947—3 Mos.—1946
income. tax.
eral
Balance
-V.
July 31—
,
$2,467,878
^
102,503
3279.
p.
income
Gross
$200,596
stocks for the period-^
surplus—*.
to
charges and Federal
quirements.—V.. 165, p. .3275,
Balfour. Building, Inc., San Francisco- -Earnings—
231,000
,
$8,548,747
880,000
"After
220,621
$74,483
3,510,244
$4,358,354
i___
2,124,000
Income
.Common
500,000
$135,473
26,395,093
1,798,978
expenses
earned
6 Months Ended June 30—
,
$493,869
"...
6 Months
taxes
462.
p.
tEarnings
$855,968
f
Period End.
Bal.
166,
,
1947
checks
$38,454,084
Beneficial Industrial Loan Corp.
of
Co.—Earnings—
"
that
the
__C__
to
share
Com-'
v
of
discontinued-.
share before
Baldwin
for
understood
sale
income-
!
contingencies
per
Net
—.——a-
other
per
Misc. reservations of net
income
lor
Net Jncome
$2,698,878
$3,212,498
$213,596
Canada
locomotive
it
Inc.—Earnings—
:
for Federal .jnoome
for contingencies—
profit
—V.
84,985
202,802
10,495
$250,854
165, p.
in
and
spare
__
for
Balance,
income
service
(3)
engines;
is
It
for the
__■___.
Net profit
Canada
in
one
3 Months
f After depreciation & amortiz.
Diesel-electric
rights
loan
response
15,027,359
Net
selling
$175,000
a
proposed to give stock¬
additional share of stock at
stockholders.
progress
manufac¬
Co.
exclusive
Net income after charges and taxes*
construc¬
10,831
in
Diesel
Dividends
Reserve
(Cr)
Net
Diesel-electric
Diesel-mechanical
Years Ended June 30—-*
59,764
80,760
deducts.
chgd.
and
selling
obtain
insufficient
$21,184,691
1:1 Net profit transferred
-
exclusive
Locomotive
including
Baldwin Rubber
937,501
11,444
bonds-
and
(2)
to
stationary
now
in
to
an
loaned.
$1
subscribing
expense
Reserve
.
99,318
$3,611,158
$292,670
mtge.
A
»
$4,460,857
Interest
*
$4,156,808
$343,809
int.
tion
,
income——
on
Other
is
company,
anerce"').—V.
Int.
(1)
for:
Works;
Whitcomb
Locomotive
$3,511,840
24,516
1,704
Gross
R
E
had
Total
Baldwin
win
189,000
1,310
$342,105
(net)
371,000
28,750
income
v
following: (1) products of the Standard Steel Works division
Locomotive, including rolled steel wheels and tires, weldless -rings,-heavy forgings, elliptic and helical springs, etc.;
(2) Bald¬
«of
the
(net)
Other
- •
of
'
for the
plant
of
have
of
sales
of
Operating profit
Purq'hase discount
representation.
to
is
in' Canada
the
each
to
Provision
exclusive
plan
company
______
Provision
company
its
subscribing for
for
manufacturing
have
Locomotive
locomotives fo
1,059,729
oper.
will
rights
Baldwin
1,072,580
1,260,588
88,925
119,467
95,018
for
"
because
The
4.
Selling, general and administrative
'
!
Net
Rent
R.
Wisconsin
death
.
-
of
the
Inc.—Borrowing Plan Dropped—
abandoned
now
per
Ltd.,-under
Co.,
Canadian
turing
7,792,181
108,155
retirement re¬
appropriation—
Property
election
of
to
properties.
the
'
stockholders
share
Cost
been, reached .between
has
exclusive ^selling
The
897,202
.■.
agreement
Locomotive
Locomotive
123,883
taxes
Other
the
trustee
vacancy caused
by
'Oct. 7.—V. 166, p. 154.
Bendix Home
Appliances,
Works—New Working Agreem't
Locomotive
dian
$1,309,499 $17,609,764 $13,463,818
$1,606,425
revenues..—
expenses
taxes
An
1947—12 Mos.—1946
1947—-Month—1946
31—..
Operating
Federal
for
the
Period Ended June 30, 1947—
"
'
1
•
cents
Net
stockholders will be* given an
pro-rata share in both the aviation and
they will' be privileged to 16ave theiraviation end of the business."—V. 166,
■
have
'
.
,
Arkansas Power & Light Co.—Earnings—
Operating
stockholders
the
Pitts-
company's new
building, in which it has an equity of over $200,000, in order to
receive
sufficient working capital for short-term needs. The company is now
using two other buildings on Its 32-^acre tract.—V.
165, p. 526.
this copipany and .Cana-.
which the Canadian coibpany will
rights on ■certain Baldwin prod¬
ucts, previously exported into Canada, and in other cases, where the
products cannot be-manufactured economically in Canada.
Canadian
The bank loan was made on substantial^
the indebtedness which is being retired.
.
Period End. July
with
onered
Co.,
hotel
of
the
on
being returned
Negotiations are
Ccmvalr
case,
Baldwin
govern
as
945.
p.
notification
improvement
' *
are
credits.
every
corporation
6%
50
which is its primary busi¬
field of aviation,
^however,
opportunity to maintain their
non-'avialion< enterprises,"
or
-(investment entirely with the
were
crop
loan.
bank
terms
same
current
the
fund
sinking
the
—V.
refinancing
the
of
for
representing
,
.
.
for
Funds
of
the
fill
reported on Sept.
holder the privilege of
will provide approximately $6,000,000
"In
The
be
of
was
in cash during the present
It -will also serve to reduoe
the outstanding capital stock of the corporation.
"Funds received in exchange for the non-aviation properties will be
applied against curi ent Bank loans, thus minimizing the necessity for
$59,971
673,100
outstdg
per
The
at
statement:
single
time,
same
commercial
surplus—
earned
shs.
Earns,
of
par)
capital stock, to be
Underwriter is Pioneer Land
used
Bendix Helicopter,
,
•
""At
profit transferred
Com.
the
on
ness.
assets
Net
wi.l
/
"Segregation of the aviation and non-aviation assets of Consolidated
Vultee Aircraft Corp. will
enable the corporation's management to
"
Prov.
meeting
Ry.
Whrtrfian
President of Consolidated Vultee,
Woodhead,
made the following
amt.
on
be
director
divest itself of all interest in Convair.
ultimately will
and
Harry
.
depletion
Prov. for contingencies.
Prov.
w.ll
letter
a
(no
share.
.
Leasing Co.
deprec.
for
Proceeds
filed
s-.ares
a
'.t.ie
,,
Motaline
to
Mining &
Prov-
$2,979,826
$196,947
$910,204
rw_
portion
of
Caneell&tion
$5
special
Galligan as
will
Convair
plan,
Sept. .4
on
30,877
at
A
refceive approximately 400,000 shares
of its presently outstanding stock./
VI
If the transaction is approved ,by Convair stockholders at a special
meeting to be called on
Nov. 3, Avco will relinquish management
the
■Under
1947—8 Mcs —1946
-
$3,185,325 $27,146,137$23,862,635
Beit Ry, of Chicago—To Elefct New
Director-—
corporation as are
subscribed
"
$717,026
$2,950,442
Co., Pittsburgh, Pa—Files with SEC—
company
covering
shureho.ders
opportunity
same
such of the. offered shares of the new
for by other Convair stockholders.
per
not
Interest
the
given
be
1947—Month—1946
Sales:---*--,.—^
to purchase two
shares of the new corporation in exchange for one share of Convir
and
approximately
$18.50 in cash.
At the consummation of the
$1,249,983
14,172
139,826
6,320
$3,606,944
$339,429
Period End. Aug. 31—
President
eluding
$1,073,554
(A. S.) Beck Shoe Corp.—Aug. Sales Decreased
7.4%
also
non-aviation
and
aviation
Odium
subsidiaries)
(Including wholly owned
Monday, September 15, 1947
announced that the plan to separate Convalr's
interests has been approved by Floyd B.
of Atlas .Corp.,' second largest Convair .stockholder.
It
is 'expected
that Atlas will become the largest stockholder
in
Convair if jthe proposal is carried out.
According
to tentative
plans,
the new corporation will have an
authorized capitalization
of 1,500,000 common shares, of which ap¬
proximately 800,000 shares will be Initially issued.
For each four Convair shares held,
every Qonvair stockholder, .in-,
Emanuel
Mr.
Smelting Co.—Earnings
American Zinc, Lead &
Net
& FINANCIAL CHRONICLE
THE COMMERCIAL
(1042)
Dana
Editor
and
Tories and
Publisher;
Monday].)
on
Company.
Members
'.'atvji.
£/»)■
Othei
Reentered
o,
pJJ
of
.
*
*»
Number 4629
Volume 166
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
The Capital Flotations in the
United States During the Month oi Angnst
And tor the Eight Months of the Caiendai
Tear 1947
Total corporate emissions for the month of August ag¬
Private
gregated $295,436,824. This figure represented a huge
decline from the previous month's total of $606,468,042
and was the smallest monthly total reported since Feb¬
ruary last, when total offerings stood at $159,267,388.
It;
also fell far short of the total of $451,909,142 for the
month's
gust,
over
month of August one year ago.
The month's financing
money
new
trend of financing remains the same and August is the
319
twelfth month, with the exception of May last, to show
f
15,
compared with
refunding issues.
First
'
'
$2,946,024 represented
OF
CORPORATE
a
BY
series
as
&
$
January—
-
102,635,204
690,275,558;
—
j First quarter—
May——
June—.
Second quarter-
Six months——
1947, 1946 AND
j
additional private
&
Series
963,658,631
310,601,727
73,214,460
448,903,580
"528,164,539
210,657,327
727,666,105
$
Total
247,624,054
44,070,931
278,899,772
162,182,000
435,484,918
68,071,687
295,766,014
191,107,290
363,837,701
690,386,056 1,000,987,783
141,067,908
736,847,786
877,915,694
677,552,434 '
102,423,035
855,087,519
159,360,123
563,122,202
,367,086,226
1.352,125
80,585,300
662,361,295
*2,800,000 Central
526,446,349
81,937,425
•
874,-752,732 2,668,392,855
1,096,184,762 2,099,804,269 3,195,989,031 k
606,468,042
368,801,533
148,131,546
147,305,278
295,436,824
354,302,081
97,607,061
170,348,753
j 144,641,925
818,475,112451,909,142
212,213,966
754,156,243
107,541,795
338,267,743
106,185,122
706,075,793
812,260,915
»
691,922,565 1,585,374,932
893,452,367
966,370,209
*
214,109,222
,86,315,940
589,877,742
668,968,183
—T—
,
1,525,480,686 '
| Fourth quarter—1—
Twelve months_L___„
•'-^
tRevised.
105,385,492
774,353,675
167,773,361
The Treasury Department announced
July 30 that
on
■
k
"
"
were .received and ac¬
cepted to the .offering of Series G-1948 %% Treasury
Certificates of Indebtedness offered in exchange par
•jof these bonds.
"
;
USEc OF
,
Outside
I
indebt,_A
of the
the
above
.
r,
r
Treasury
i
-
<'
;
,>
a
7
91
Aug
of
U. S. Savings bds.
Depositary bonds__
Tax Antic'n notes-
August,
Thtal
present our usual tabulation:
now
■
j
UNITED
STATES
Date
Dated
-Due
f
t
Total for
3
•July
11
July 18
July
25
Jun
23
I
July
July
July
July
July
July
FINANCING
TREASURY
Amount
.
•
$
.
-• •
.
■
DURING
-J—
i
_i.
;
|
^;
•
8
Aug 15
,
^
i
bonds,
3%
pri¬
the
of
Indiana,
Inc.
15-year
convertible
■.
t
10
17
24
31
;
1
1
6
for
,.
A1—-A'-'
for
1 year
12 yrs.
,
2 yrs.
,
2,741,897,000
559,024,568
6,736,000
, 231,274,600
Yield-'
L-~
i
2,563,000
i
JulyJ—1
—
—,
99.850
FINANCING
+
Aug
7
Aug 14
1,101,548,000
1,101,260,000
99.814
99.813
*0.740
1,101,522,000
99.813
t0.74O
Total
:
;
'
Net Issued
2
b
i
■
*
i
10,000,000
107,000,000
22,265,000
'
t97jC00,O00
1,246,920,060
,
j'
,
;
'
i
\
i
i
"
•1
•
,
<
1
1,149,920,000
129,265,000
111
-
,
'
'
'l
'w
*"
»
'9,445,800,168
,91 days
1,668,267,000
1,201,,158,000
99.813
*0.741
1,201,036,000
91 days
1,633,803,000
99.813
160,bo,000
564,424,000
for
21,185,000
27,335,000
704,089,000
sales
of special
-Aug 1-31 Aug
1
Aug 1-31 August
Aug 1-31 August
10-12 yrs.
give complete details of the capital flota¬
tions during August 'including every issue of any kind
Below
*0.752
j
459,754,177
•
2,563,000
2,563,000
we
brought out in that
Total for
August--.!
8
»
—.
m
■
Long-Term Bonds and Notes (Issues
•
•
* Average rate on a bank discount basis, a Comprised of three sepa¬
rate series, of which series E have
1.0-year maturity, are sold on a
discount basis at
75, and yield 2-90% ; series F have a 12-year maturity,
are
sold on a discount
Oasis, jat 74,* jand. yield 233%; and -series G
a
12-year maturity, are sold at 100, and bear 2^2%
interest.
Comprised of separate issues, designated Treasury notes of tax seriea
v-1947, C-1948, C-1949 and C-1950. Series C earnings about 1.01%,
®
1967.
l%%-2%%
due quarterly,
Corp.
A2,
Purpose,
to
group
a
purchase
of
of
institutions
Processing
Co.
1962.
privately
3Va %
notes,
Purpose,
with
due
serl-
repayment
various
of
institutions
•
Co.; Inc. 3%%* loan, due semi-annu¬
Purpose, construction of new warehouse
privately with State Mutual Assurance
Placed
Worcester, Mass.,, through Cohu & Torrey.
serial
notes,
due
Placed
purposes.
000);
Price,
McNeill
due
&
Libby
Aug.
construction,
1,
20-year
1967.
2%%
Purpose,
working
capital,
sinking
fund
refunding
etc.
de¬
($6,550.-
($8,450,000).
100.50 and-int.
Offered by Glore, Forgan & Co.;
Kuhn, Loeb & Co.; Harriman Ripley & Co., Inc.; Blyth &
Inc.; The First Boston Corp.; Goldman, Sachs & Co.;
Lehman Brothers; Hayden,
Stone & Co.; Hornblower A
Weeks;, Kidder, Peabody & Co.; Lee Higginsou
White, Weld & Co., and Deai),Witter & Co.
.
-
.
-
Than
Five
Years)
Maturing Later
»
RAILROADS
,
& Ohio RR. 2% equipment trust certificates
V,
due Sept. 1, 1948-57.
Purpose, purchase of
equipment. Awarded to Mellon National Bank & Trust
Co. and Associates on bid of 99.07189.
•$5 600 000 Baltimore
series
Corp.;
Corp. 3Va% serial debentures, due 1948-1961.
Purpose, additions, improvements, etc.
Placed privatel/
through The, First Trust Co. of Lincoln, Neb. and Crut-
♦200,000 Messenger
.
^
-
tenden
A Co.
Inc.
'
•
5%
sinking
fun'd
debentures,
due
1967
,
1
'
'
[
■
■:
Aug. 1,
Purpose,
retire
!
and
(with detachable stock purchase warrants).
bank loan, working capital.
Price, 100
Offered by P. W. Brooks & Co., Inc.
int.
*800,000 Seismograph Service Corp. 10-year 4%
debentures, due
Aug. 1, 1957.
Purpose, retire short-term loans, working
i
* »
1
<
capital.'
Placed privately with Massachusetts Mutual Life
Insurance Co. through Paul H. Davis & Co.
*2,300,000 (L. C.) Smith & Corona Typewriters, Inc. 3%% notes,
;
due July 15
1957.
Purpose, repay bank loans, working
' ,
capital.
Sold privately to Prudential Insurance Co. of
;?
America.
A
s
'
,
,
-
(Continued
on
page
6)
'
comprehensive tables on the
iollowing pages we compare the August
and the eight months figures with those
for the corresponding periods in the four
ypprs preceding, thus affording a five
year comparison.
In
During August, 1947
i
fcave
&
Hoffman <fc
1952-1959.
T
Details of New Capital Flotations
'6,548,027,677
1
&
Placed
dam..
,
a >
100
153,922,500 100
months--—66;563,584,738
1,
month.
,
for
-
543,239,000
'731,424,000
August—.—
1
*0.741
1,717,996,000 ! 1,301,679,000
99.908
1,223,453,000 '1,124,838,000 100
153,922,500 J
<
'
6,150i000
-A 17,358,856,000 15,023,238,000 2,335,618,000
series certificates and notes; certificates
sold to Adjusted Service Certifipates Fund and Unemployed Trust Fund
and; notes to Federal Old Age and Survivors Insurance Trust Account.
Civil
Service
Retirement Fund,' Foreign
Service Retirement Fund,
Canal Zone Retirement Fund, Alaska Railroad Retirement Fund, Postal
Savings System
Government -Life Insurance Fund, National Service
Life
Insurance' Fund, Federal Deposit Insurance Corporation, and
Federal Savings and Loan Insurance Corporation.'
tNet retired.
' •
*0.740
459,754,177
Read
.
:
'
167,000,000
."Comprise
-
99.813
'
Yarn
loans.
15,000,000 Libby,
2,?8M49,OQ0-
.Total for 8 months
a
1,601,741,000 I 1,103,077,000
2 yrs,
purposes
Dillon,
400,000 Hamilton Manufacturing Corp., Columbus, Ind., 5% con¬
vertible sinking fttnd debentures, due July 1, 1957.
Pur,
1 '
pose, refunding ($T85,000)7 Improvements, etc.
($214,500).
Price,
100 and int.
Offered by City Securities
Corp.,
Indianapolis.^ , 1 i
<
,
j
;
to. Aug.
1947»
500,000 Plywood,
%
2,741,897,000 100
91 days
12 yrs.
corporate
through
—
.
*0.737
92 days
Aug 21
gcnernl
■*2,000,000 Detroit Harvester Co. 15-year 3l/a%
July 1, 1947-1962.
Purpose, corporate
privately through Reynolds & Co.
6,906,292,738
Retired
1,279,185,000
July-^-
for
i
*0.594
.
and
privately
1
>
616,239,6.77
;—,—
1,269,185,000
Certificates
1,300,023,000
6,736,000 100
portina
*1,000,000 Barlow & Seclig Manufacturing Co. 3 Vt7o 12-year debenj
j
ture loan, due serially to 1969.
Purpose, working capital.
v
Placed
privately with Penn Mutual Life Insurance Co.
'
through Paul, If. Davis & Co.
•
^
99.905+ *0.376
231,274,600 1001
Placed
*
and
153,922,500
5,931,788,000
August—
%
1,302,515,000
,
securities
ally
459,754,177
-——
17,906,617,000 15,125,168,000
months—
_„—————
;
a
Unsubscribed
Co.,
t
559,024,568
1,
Co. of
u
a-UA—
»...
Issued-
.
;—2aa-"- ,„A
Certificates'
50,569,756,893
10-12 yrs.
stockholders.
through Kidder, Peabody & Co.
(',
.
1947
-
to
EQUIPMENT MANUFACTURERS
bank
; $
Total
.-•
•11 mos.
Total
mtge.
,
bentures,
1
J
Co.
ally July 1, 1952 through
;
,
Aug 28
21
pri¬
notes
OTHER INDUSTRIAL AND MANUFACTURING
t
.
July-
•
of
*$1,840,000 American
;
—-A-'
•
1
.t
Aug
Aug 22
-July
1st
Co.
equipment.
Placed privately
through Kuhn, Loeb St Co.
...
——-
1,103,077,000
1,201,158,000
1,201,,036,000
1,301,079,000
1,124,838,000
-Ai
,
„
1
Service
Inc.
Nov*
870,000'
1,506,000
799,411,168
'
!
A-
8,646^89,000
*INTRA-GOVERNMENT
Total
.
Price
$
• ■
days 11,841,142,000
91 days ; 1,661,863,000
91 days
1,552,038,000
91 days
1,600,796,000
91 days ,1,671,145,000
1-31 July
Total
Public
♦$10,136,250 General
American
Transportation
equipment
trust
certificates,
series
•
A-U--
■
; !
;
Amount
'Accepted*
Applied for
•
•*91
3
•July 1-31 July
•Aug
•Aug
serial
$170,502,800
Tj—A-
I
1,302,515,000
1,300,023,000
1,101,548,000
1,100,390,000
1,100,016,000
2,741,897,000
months—A 66,563,584,738 59,657,292,006
•
Notes
months
6
July 1-31 July
July
Placed
unsecured
Purpose,,. construction.
Placed
Equitable
Life
Assurance
Society
of
($24,295,000)*
Co.
5,490,641,893
,
•July
3%
']
559,024,568
6,736,000
231,274,600
6,548,027,677
August
for
Total fpr 8
:
■
.
•Jun 27
Corp.
1973.
Service
purchase
Indebtedne'ss
Refunding
...
1
Department in
[
Depositary Bonds.
New
,
1,103,077,000
1,201,158,000
1,201,036,000
1,301,679,000
1,124,838.000
459,754,177
2,563,000
153,922,500
day Treas.
Ctfs.
Aug
1
August
■$)f Treasury bills, Savings Bonds, Tax Anticipation Notes
\
West
*116,500,000 United Gas Corp. 1st mtge. and collateral trust bonds,
;
:
'
2%% series, due 1967.
Purpose, refunding ($92,205,000);
'
9,445,800,168.
day Treas.
91
Aqg.21
ex-
!
for
August confined its operations to the usual weekly sale
dQffered
sinking fund
Hancock Mutual Life Insurance Co.
due
*400,000 Arnold,
The results of this offering will be given
V
,
Aug 14
ries H-1947, maturing Sept,, 1,1047, j in -the amount of
y,.
3%
refunding.
Pacific Power Co. 1st mtge. bonds, 2y8%
series,
due 1967.
Purpose, extensions, etc,
Price, 101 and int.
Sqld privately to John Hancock Mutual Life Insurance Co.
,
,
**
■»
•
50,569,756,893 45,079,115,000
Aug 28
Total
■jphange for Treasury Certificates of Indebtedness of Se¬
|n these columns next month.
months——
6
bills
bills
91 .day. Treas. bills
92 day Treas. bills
July
Treasury Department on Aug. 18 announced an
$2,341,005,000.
4 '•
v
Total Amount
Accepted
91
1
Aug
•jdebtedness of Series H-1948, dated Sept. 1, 1948, in
-
FUNDS
July——A
July
July
Offering "of 10-month %% Treasury Certificates of In-*
■
Inc.
Co.,
Purpose,
($1,138,000) awarded to Bear, Stearns & Co. and Carl M.
Loeb, Rhoades & Co.
•
i-
M
1,302.515,000
1,300,023,000
1,101,548,000
1,101,260,000
1,10-1,522,000
2,741,897,000
559,024,568
6,736,000
231,274,600
3
July 10
July 17
July 24
July 31
July
1
V
,
—11
day Treas. bills
91 day Treas. bills
91 day Treas. bills
91 day Treas. bills
91 day Treas. bills
Ctfs. of indebt.
U. S. Savings bds.
Depositary
bondsTax Antic'n notes-
July
par to
We
South
with
1
called for redemption on Oct. *15, 1947, and will be re¬
deemed in cash. There are now outstanding $758,945,800
i
Power
1968'.
'
Total for
holders of Treasury; Certificates of Indebted¬
ness of Series G-1947 in .the amount of. $1,223,453,000,
Vhich matured on August 1,' 1947, the balance being re¬
tired in cash.
i The Secretary of the Treasury announced on June 13
.that all outstanding 4V4% Treasury Bonds of 1947-52 are
.'
bid
on
*975,000 Sierra
1,272,716,733 4,985,870,721 6,258,587,454
"
Type of
Security,
Dated
$1,124,838,000 jn subscriptions
•
York,
UTILITIES
Foreign
subscription
;
;
,
442,572,659 1,439,729,428 1,882,302,087
3,515,117,815 3,048,636,616 6,563,754,431
'A ; "■
Treasury Financing in August
-and
New
*l,138,000j2%% debentures, due May 1, 1962. Purpose, prepayment
; ;
of bank loan,
Price, par to stockholders.
Offered for
v
r
}t
1
Bank,
United States through the First Boston
Corp.
989,700,890 1,203,810,112
102,481,627
163,171,703
347,546,911
515,320,272
60,690,076
256,909,782 1,782,390,468
V
The
National
'
•
due
&
John
-9,939,800)Public
,
for
Blewer,' Heitner
,
November
^
1
&
series,
830,144,074 3,546,141,293 4,376,285,367
331,843,111
:676,193,682
65,208,350
266,634,761
^December--—--——--
i
First
t
vately
1,798,499,779 2,224,440,662
425,940,883
1,989,637,12? 2,791,726,834 4,781,363,963
bctober
1
to
*1,000,000 Northwestern
-
Nine months.
and
John Hancock Mutual Life Insurance Co.
•
to
445,809,538
314,990,678
449,673,579
Co.,
*3,000,000 Iowa Electric Light & Power Co. 1st mtge. bonds, series D,
V/»'h.
Purpose, reimburse treasury for capital expendi¬
tures.
Price, par and int.
Sold privately to Northwestern
Mutual
Life
Insurance Co. and Massachusetts Mutual
,s
•
Life Insurance Co.
;
404,203,191 1,747,641,514 2,151,844,705
123.226,255
&
*150,000 Dedhaip Water Co, 1st mtge. bonds, 3% series, due 1972.
Purpose, construction.
Price,, par and int.
Sold privately
..
263,135,283 1,010,793,728 1,273.929,011
483,241,787
Miller
Co.
due semi-annually! Jan.' 1, 1954-Jan. 1, 1959.
Purpose, to
.increase investments in constituent companies.
Sold to
663,545,237
785,583,035 1,409,418,213 2,195,001,248
Third quarter-
&
99,3705.
vately.
i.
601,369,659 .1,704,734,224
{September——
Bank
27"
equipment
trust
certificates,
1948-1957.
Purpose, purchase of equipment.
due
debentures,
322,970,703
28,925,290
387,662,791
V,
99.76.
*$35,000,000 American
$
307,169,645
289,889,643
se¬
purchase of
Commerce
$23,500,000
Refunding
317,878,811
'183,983,528:671,103,991
311,709,864 1350,651,431
Pacific
PUBLIC
New Capital
112,954,001
,
of
certificates
Purpose,
2%
Co.; Hayden,
Glynn.
' *
Awarded
270,262,410
128,315,273
bid
oh
RR.
trust
1948-57.
Mercantile
equipment
trust
certificates,
semi-annually Feb. 1, 1948-1957. Purpose,
clue
*11,400,000 Southern
-t1945-
$
47,616,401
equipment
to
1945
Total
Refunding
t
134,670,053
317,497,872
1,793,640,123
July
August——
[
'
273,383,073
1,103,364,565
!
$
.
339,824,303
517,008,778
-
I
Capital
354,744,693
159,267,388
449,646,550
30.923,566
375,689,120 '
210,666-667'
———
—
$
309.522,247,
—••
;
April-
$
252,109,489
128,343,822
—r-
February--
March
*
New
Awarded
St. Louis
Central
Y,
2%
Illinois
1
,
:
—+1946
Total
Refunding
-
RR.
semi-annually
of equipment, Priced to yield from 1.15% to
according to maturity. Offered by Harris, Hall &
(Inc.); Equitable Securities Corp.; Schoellkopf, Hutton
Pomeroy, Inc.; Bramhall, Barbour & Co., Inc.; The
Co.
of
Revisions of the 1946 and 1947 fig¬
be necessary, particularly
may
MONTHS
1947
New Capital
due
Trust Co.,
tabulation of figures since Janu¬
showing the different monthly amounts
financing is brought to light.
FIGURES
& Co.; Mullaney, Ross & Co.; Alfred
Thomas & Company; and F. S. Yantis
Central
X,
2,500,000 Illinois
of
SUMMARY
Cleveland
equipment,
,
Pressprich St Co.; Freeman &
Corp.; Julien Collins St Co., and
Corp.;
Mason,
Moran & Co.;
Mc-
Hutchinson
.*1,200,000 Illinois
ries
Hornblower & Weckr
W.
Michigan
O'Gara. & Co,;
& Co,, Inc. ,
:
equipment
.
to
(Inc.); R.
of
2Ve%
purchase
corporate financing.
,
the
First
Master
>
present
we
1945,
ures
RR.
2.25%
Below
ary,
•
.
1.25 ft
Western
semi-annually Feb. 15, 1948-Au
of equipment.
Priced to
2.40%
according to maturity.
Oi-
purchase
ferred by Halsey, Stuart St Co. Inc.;
Co.;
Of the total $185,481,295'
for new money purposes and
from
&
due
Purpose,
Otis &,Co.,
,
total of $135,892,501 for July and
a
Lackawanna
certificates
'
1957.
yield
80% of the total corporate
financing for the month
was
a
.
the
$64,892,074 for August, 1946.
greater than refunding operations.
The principal corporate issues floated in August in¬
cluded: $116,500,000 United Gas Corp. 1st mortgage and
collateral
trust
23/4s;
$35,000,000
American
Foreign
f>ower Co., Inc., 3V2% debentures; $25,000,000 TransArabian Pipe Line Co, 2.55% loan; $15,000,000 Libby,
McNeill & Libby 2%% debentures; $10,000,000 Lerner
Stores Corp. 3% debentures and $11,077,800 Public Serv¬
pew money
ice Co. of Indiana, Inc., 2%% debentures.
tr,u3t
..
July total; 10.9% of theissues so placed in
June; 14.2% of the May total; 40.9%
of the April
financing; 18.7% of the March issues; 43.8%
of the
February total, and 45.8% placed in January.
Municipal financing for August aggregated $188,427,-
financing aggregating $148,131,546, or
50.1% and refunding $147,305,278, or 49.9%.
Thus the
the
2,800,000 Delaware
and compared with 23.5% of the
fairly divided between "new money" and refunding,
was
played a prominent part in the
Of the total of $295,436,824 for Au-'
comprising
26 issues was placed
private route.
This represented slightly
$236,370,837,
through
,
flotations
financing.
the
,
O
3
M
O
»
>
2
>
O
>
o
o
»
o
o
w
f*
1
a.
ss
o
3
t—I
»—1
9?
1—1
o
0
Xfl
03
U7
xs
trb <T>
>1
i—»
CO
4-
"■"J
i
■•-
Total
Capit l 14,920
i
79,31 0 14,8750 21,58 0 15,7680
69?,950 7,517, 54
Total
$
Refundi g 138, 50 5,019,534
Capit l
New
Total
S
105,729
361,4830 687 5,6 15,461538
34,5207
Total
20,15480 35,0 0 59,176250 152,8 092 4,750, 0
$
127, 0 27,10 0 29,350 6,50,0
63,0 0
3,0 ,0
-
1,081,08
10,740
26,81 65
138, 50
79,31 0
8,21,704 5,790, 0 1,0 7, 54 7,345,90 5,2 0, 0
9,823540 4,587,50 43,10985
1,2 9,834
206,70
63,0 0
10, 0 45t60l 0 34,280
1,0 7, 54 7,193,50
l.'o r o 1576 6
1,081,08
85,240 10,93 0 54,0 0 3,o 765 48,160 65,0 0 1,50, 0 4,0 ,0
$
3,789,70 5,019,534
3,0 ,0 2,40374
1,0 ,0 9,823,540 19,587 0
127. 0, 28,1 08 56,1865 6,50,0
248,90.85
3,789,70
143,0834
3,268,34 5,0 ,0
108, 0 2,50
'
Total
.
Refundi g 7,90,^0 30,45 0
64,207 83 1,0 ,0
3,250, 0 3,254,0
125,0 0 21,650
Capit l
New
16,92 35 43,64135 10,24 0 4,3 710 2,570, 0 3,0 ,0 65,71 2 3,09452 1,50, 0 17,48 512 107,541 95
2,09 12 1,789452
204,98
4,108
5,7 80
$
16,28 70 40,962403 75,0 0 109,835 0 56,0 82 13,96051 63,750
35,0 0 35,0 0 38,10738 18,9281 59,370 9 30 ,0 0
1,50 3,709 125,0 0 27,0 80 ~42576 o 7,60,0
$
$
—1946
297,3054
3,19762 '835,624 85,240 14,79210 58,62 082 3,0 ,0 79,62 17 6,789452 1,50, 0 37,19 62 45,809 38
2,546,210
1, 50, 0 5 8,160 64,17 60
New
425,0 0
7,60,0
52,90 531 1,50,0 1,0 ,0 9,823,540 15,79 80 105,72951
*
10,7 0 4,62,082 9,368,051
361,480
Capitl 10,24 0 1,7950 2,570 370 ,0 43,6120 1,250, 0
$
9,823540 79 ,80 37,29145 18,920 5,631,08
25,89031
13,246 10 4,62,082 31,46712 1,789,452
3,41,840
$
%
New
3,0 ,0 14,920
152,0 5,2 0, 0
Refundi g 75,0 0 9,135 0 51,430 4,58,0 63,750
-1945
97,60 1 20, 0 32,90 684,291
Capit l 160,7940 35,0 0 16,74250 14,76381
$
Total
37,20153 14,7318
$
~
New
TSFUTMNHAOHINERD
LAFOINMOAUCNRDPGL §InGteoFtrvah,dimpagel.fncy
Refundi g 39,608 4273 0 1,06421 4,750, 0
18,21704 5,790, 0 45,0 0 1,07,54 41,593 50 5,20
10, 0
Capit l 18,920 4,50, 0 27,3150 1,50,0 1,0 765 15760,6 68,2150
451,90 142 20, 0, 0 32,90 64,892074 1,0 ,0 570,21 6
$
-1946
5,790, 0
69,31 0
$
38,26743 20,6 0 7,358,0 365,8243
107,54 9
New
-
•
OfRBeDbcoavnostlrupkdmi. AFYUEIGVRST
TMOAFYUHEGNIVRS
Capitl
$
63^0 0
$
20,6 0 4,560 23 510,429561
64,1760 32718,40 10,6459
$
1,07,54 17,93 50
3,0 ,0 83,50 0
Refundi g 108, 0 2,50 2,038,50 5,0 ,0
—194
45,8093
Refundi g 297,305 4 36714,560 4,815,843
63,0 0
New
39,50 29 145,07324
$
-1945
Capitl
189,4703
68,2150 9,87,596 27,40385
$
-1943
Total
143,0834 20,3150 25,740
24, 80
■
248,90 85 20,3150 65,24 92
206,7 0 14790^,130 27,40385
$
—194
Refundi g 45760",5
$
6,58,487 28,9 1
2,40374
New
24,0 5,20, 0
5,790, 0 45,0 0
$
*
10,74 14,759
Refundi g 69,31 0 i67o ,65
$
—1943
Total
14,8750 28,16748
83,50 10,693 50 7,51 754
$
35,9607 1,76251
160,7940
35,0 0 35,0 0 2,17,308 18,9281 47,654 8 30 ,0
642,60
19,701 38,267 43
94,6074 21,0432 1,50 71,86378 143,892 1 86,39150 30 ,0 425,0 0 642,60 137,290764 451,90 42
40 ,0 0
,
T_
242,60
5,4 3,940 53,49621 7,90 , 0 6,39107
"
i.
17,42051 40 , 0 5,43,940
"■
.97,601
89,2468 158,0 81 3,250, 0 5,425,308 143,892 1 68,91 458 30,0 425,0 242,60 13,846 2 354,0281
354,104*279,38105628 154,259319230,07,61289634 ISNONCOGRURPEEUFAWPTI
FGAOFVREORCNEMIGPNT,AT, notes—i notes — notes — fbSrifanomuatuocniclpdeyilntydesse
i governmt acies—dt.,Posei-n Notes- ecotpr,manufces- :manufctrig htroealdtcin.g, Notes- ceoptr,manufces. manufctrig „ htroealdticng., ceoptr,manufces. >manufctrig htroaelddtiicnngg.,, ceotp.,manufctres. manufctrig thraoedldtiincngg.,, securit.
Total
$
25,9182
14785,60 3,59316
25,0 0
48,5 0 18,427319
7^35,0
—1947 Refundi g 139, 0278
40,3750 2,946024
$
Capitl 12,6 50
$
7,10,680 3, 59,316
25,0 0
New
OSUMFARY
Total
8,4 0, 0
148,3546
23,50 170,5280 10,'367250 25,09 5 25,0 0 5,862,78 17,50 0 27,59182
8,2 4,06
7,620,930 1, 90, 0
750, 0
-
17,84 96 23,50 0 178, 6 10,36250 32,71093 26,190 5,862,78 18,250 295,436824
-
Refundi g 127,05l
New
$
7,062,50 5,6 2,7 8
139, 0278
23,50 0 43,29780 10,"l3~6T250 18702,50 25,0 0 20 .0 0 17,50 0 137,6150
375,0 0
375,0
7o ,5o
1,28406
$
—1947
CAHANR DTE Capitl
185,41295 342,09841
$
7,620,930 1, 90, 0
7,3 5,0
375,0
10,469 6 23,50 0 4,581 6 10,36250 25,648 30 26,190 20 ,0 17,850 148,31546
13472056
7,062,50 5,6 2,7 8
147,305278
.
r*"l
AUGST boanndds stock stock boanndds Short-em stock stock foreign- boanndds stock stock corpate toal dfinguoorets OFAUGST Boands
Governmt BIntaernaioklforeignGLooavantnd, •Municpal—Stes,Staes utiles— sctoeall,,Equipment aacensordi indausntrdl bueildtncgs, Intvreustsmn,Miscelanous BShooarnt-Tndedsm utiles sctoeall,,Equipment aacensordi Indausntridl bueildtncgs, tInrvuesstmn,Micelanous utiles sctoeall,,Equipment aacensdriinduastnridl bueildtncgs, Intvreustsmn,Miscelanous utiles—Xrocn.ovfiatel,l,Equipment aacensodri induasntridl bueildtncgs, :Intvreustmsn,Miscelanous corpate
OMONFTH
DaCorp te omestic— Long-term Short-em Pref red Com on Candi - Long-term Pref red Com on Other Long-term Short-em Pref red Com on Total
Can dian
Grand
'"
§
Other Farm
United
•These
MONTH
Long-Term Railroads Public
Iron, Motors Other Land, Rub er
Railroads
Total
Public Iron, Motors Other Land, Rub er Ship ing
Oil
Stock
Railroads Public Iron,
Motors Other Land, Rub er
otal—
T
Railroads Publicf
Total
Motors Other Land, Rub er Ship ing
Oil
>
<,
V
V
.>
I
3
3
O
o>
05
c
C5
w
to
<T>
o
o
0
o
m
CD
o
>
>
cT
$
O
8
M
a
O
01
8°
tr*
td
►—<
Jz!
tr»
»—1
'3
Total
9,430 194,6870 3,250 520,0 154,~80o76 15,20 7,210 2,05,0 9,730
37,0 0
520, 0
37,0 0 2,102,40 1,07 54 70,63 96 "4687 95 2,"ob 756 76,2 85 9,4390 196,78 40 4,267 54 26,43796 15,20 7.21,0 2,518,795 1,793.0 60,23.85
Refundig 63,180 182,790 106,31803 7,0160 17 93,6
15,0 0
15,0 0
36,250 1,908 3,250 520, 0 48,6 197 15,20 150,0 2,05 0 8,0 0
2,0 0
2,0 0 2,102,40 1,07 54
2,0 0
12,750 49,2 482 1,98750 215,9 15 09,831. 4i7(xjbo5 9,8237540 16,492508 348,0 45 30,7850 425,7842 19,8750 367,09251 95.8390 19,2650 46,50 9,823754 98,60758
$
46,70 37,0 0 50,1634 26,0 542 20,5 0
60,2385 90, 0 296,80 34,870415
$
Total
1,3 08
$
—1943
$
Capitl
New
293,7850 375,290 17,90. 149,80 85,70 19,2650 1,50,0 82,150
10, 0
750, 0
31,465 0
-194 Reiund g 2 0,84 0 362,49 0 1 0,4 0 47,903785 43,06714 19,2650
10, 0
750, 0
$
Total
$
10,75 0 41,7 950 87,93 460 457o 65o 6,81735 18,2785 230,84 0 40,721950 10,4 0 135,84 25 43.06714 19,2650 45,0 0 38,21975
9,823540 9,67 ,13
16,80 6 72,9450 20,5632 9,48750 231,49270 52,7153 1,50 765 9,8237540 60,325 3
80,30
4,0 0 81,492041 7,916082 s.obZo 391,6208 96,28452 147850,926 149,75 49
914,3780 1,7294501 19,6082 87o o 746,280 25,89452 3,570 49,850926 10573802", 203,8594
7,821,532 1,987,50
2,0 0
2,0 0
Capitl 72,9450 12,7350 7,50 0 10,89215 42,6385 iZ5obZ6 50,6490
New
3,0 16 35,0712 159,0 3,57 0 35,0 0 l6.382~6 54,10 0
4,0 0
3.215,0 4.32l6o
-1945 Refundi g 824,9075 186,930 20 ,5 7 2 129,750. 26,50972 30,128560
1,03652 0
4,0 0
S
914,2075 1,047530 19,20
520, 0
150. 0
4,20412 36,25 0 14,0 40 4,267.54 109.860 15,20. 2,518795 10, 0
"
$
Total
32,0 473 63,18 0 182,790 153, 2 76 7,0175 179360
32,0 473
127,3590 10,3890
4k—FY3EAMTIFNOVUMILADGHR1OUAONSCR.PD:^CNeTfa'uopnRCdiNteTwaRfNCuglpenafidutpw$niwldg•lg$S8$905125,074,302,6104584961279358/636ob.7"*•,0Z~9o;T:6-■>0Z~"ZV'Toec7iTZ,9s4253761*4689937t1,80——2,5948-06943,612508743,673520,841997S0UianhBNperuPlsM.cdEwvFGfhigdgcybDfRe^BIoneSraioval"cnltspdtmu.ks.Z\*"1•-t'■-YFE3AIOMVUNERTFUS1DSGHNOAI.RD 8376,0125.829,7934016568 74*3,059281 40189,275643.8,5206798
New
360. 0
89,30 2,5381 5,7208 7/62,50 391,465 64,097.5 16,84206 67)50, 419,8257
35,12 0 38,1250 374,8 14 26,15 62 109,58§60 76,35782 37,103 0 6,502,50 12,59 30 1,021,8011,92 73 328,4395
604,380 1,327 814 68,5 62 246,58 60 1,03.46,2 62,031 20,8650 53,704 30 1,021,80128,06173 459,31459
50,0 0
812/T18
-<2,140 290,7561 -5,620 18,02389 10,9750 2:719",57 2769,725 30,9 862
569,850 l,Q57>O6,205 30,6250 ^¥l2~718 3 ,96874 527,4327 8,3590 3,219,57 17501,25 53,892489
35,07 0 36,01 0 84,059203 20,53 62 10i:2_4~5",82 52,3 92 26,18 0 6,502,50 9,539,3 1,02 801 9,60 12 297,304 97
34,530 270, 1609 38,0 62 2457 ,842 64,9.874 98,5 673 1.72,50 50,48 3 1,021,801 16,50.12 405,638970
20,76.02 40,3 7 37,81967 3,20,0 2,0 ,0 89,30510
173, 0. 1,8734209 27,0 0 10,36250 36.50 2 951,3627 169.3,67 5,610 65,0 .0 2,0 ,0 206,5810
"
604,380 950, 40 42,50 137,50I6o 32,6058 589,0 13,5840 41, 450 16,320 96,lo250
8,359,0 50 ,0 0 9,23Z0O 2,90267
-1946 Refundi g 569,8 0 764,2 594 25,0 0 20 ,94 85 516,7 842
2.064,0
Capitl 34,50 185,7640 17,50 137Z50 6 120,6 942 72,3157 5,2 0 40,9450
50 ,0 0
2,50 , 0
436,0 0
Total
825,078 1,504673 193,402 ~2~37.50 35,16.9 19, 05 3.215,0 3,09720 432,0 84,03152
89,30 1,0250 4,270 3,o I6o5 154,0638 29,50 360,0 8,49028 6,o5T6o5 23,97140
$
Capitl
80,30
4,0 0 69,7 230 6,4 02 237^50 154,6 91 61,4 905 57 0 ,0 53,90 52
1,5 81 1,45208 4762,50 236,9513 34,8754 57350,926 95,84357
$
$
-
$
$
6,90Z0 73,259873
50 ,0 0
2,62189,49417505706 5191,26,04834367028 42,316.,g35779003,8295
T3 6,12544,8673990 iUtMhQnapluPorenceobvbdidncfcs"-•ICONGSORHNREPUUEFPWAI 31 manuictrg— heotldcin.g,- Notes- .—» manufctrig heotldcin.g, manufctrig hoeldticng., manufctrig. hoeldticng.,
FGFOACOVREREPNIMGNATT,,139471TRNCoefatu-epanidtlwlg$$97no3tes13,71200,546*68789346,41 5,5;0271,0 3939C,om0ndstck*IZ" 25,205,0notes 7io,82410Z3,273949 35745936 82,821,100— 33.,64157950agencis182<8f fSramtuiouncayisyldse
New
Total
$
173, 0 1,5 49850 27,0 0 10,36250 15,80 0 507,2850 13,750 52,4610 65,0 0 107,6 0
20 ,0 0
3,0 ,0 96,502695 3,9450 4,01 0 25,0 0 3,10 986
20 ,0
Refundi g 24,30 705,4 075
$
—1947
ACNHARDTE
OSUMFARY
x
tocks!Z
Capitl
New
$
9,6
3,05,0 3,250
905,386
148,70 846,0537 27,0 0 10,36250 12,80 410,7 85 127,805 8,450 40, 0 104,98014
o,0 13,70 0
3,8250
,
6,40, 0 10,4650
3,8250
1,7369084
321,7 9
1,291,07
125, 042 20,76 02 41,2738 37,81967 3,20.0 1,29 07 78,6 783 678,1562 148,70 971.24,7 27.0 0 10,36250 3,560. 2 825,73019 165,8967 1,650 40, 0 189, 479 2.45,013 6
196,5027 28,90385
708,930
7oF,5Zo
24,30 0 902,147852 3,0 .0 125,406 8 3.945.0 4.01, 0 25,0 0 16,7530
10,628317
236,7409'
1,45286
'SEMNODNTH Short-em Presftocrked stock bLooannngd-dtesrm foreign—
—sSiupiRailrods utles ccsoopteaerl,,l,Emqanuufitm—ent aacesnorid inadnstrdl beultdcngs, hipingttrIranvudeistnmgn,,Miscela.nous rfiMn BSoahonnrt-dTdesm Railrods utiles ccospoteal,l,,Emqanuuficptmresent anoidinadunstrdl beuiltdcngs, trtaIrnuvdeissntmg,n, Miscelanou Railroads utiles cocspotea,l,l,Emqanuuficptmresent anoieds inadunstdrl beuitldcngs, tInrvuesstmn, Miscelanou. Railroads utiles—I ccsoopteal,l,,Emqaunuifpctmreesnt anoidIndausntrdil :bueildtncgs, ttIrrnauvedsstimngn,,Miscelanous sceocrupritate.
toal {oInbcligluaftdness EMNODNTHS BLooanng-dTesrm
bLooanngd-tesrm Tocorptaatel GoCvaernnmdiatnBInaternaikol foreignGLooavantdn, ♦Municpal—Stes,PSosteaiens dfi*ngTuohreetss
Corpate-— bLoonngd-tesrm VCandi—
AUGST and notes. * governmt cites, > the AUGST iNues— etc
stic—
Com on
Grand
8
*
Other
8
*
/Z
v
•
J
*
§
Other Farm
United
«
•
Public Iron, Motors Other Land,
'
•
l
t
etc
Public Iron, Mot rs Other Land, Rub er
Total
Ship ng
Stocks-
etc trading, etc
Total
Public Iron, Motors Other Land, Rub er
Total—
Total
Public Iroh, Mot rs Other — Land, Rub er
Oil
Ship ng
Ml
6
(1046)
THE
(Continued from
650 ' 000
Wclsbach
15-year
Corp.
COMMERCIAL
FINANCIAL
CHRONICLE
Monday, September 15, 1947
j
3)
page
&
Goodwyn
Jones
4%%
sinking fund bonds, due
July 1
1962.
Purpose, refunding ($327,000); repay bank
loan
and
working capital
($323,000f.
Price, 98% and
int.
Offered by Paul & Co.
&
Olds; Johnston, Lemon
& Co.;
Robert
C.
Co.; Mackall & Co., and Robinson, Rohrbaugh &
&
MISCELLANEOUS
$500,000 Allied
Lukens.
vertible
$8,284,066
•
share.
,
■
I
OTHER
•
•
.1
INDUSTRIAL
AND
MANUFACTURING
OIL
$232,500 Arnold,
due
Jan.
Ling Co. 2.55%
loan
(guaranteed),
1951-July 1, 1962.
Purpose, construction of
1,
petroleum
Pipe
carrier
from
oil
fields
of
Saudi
Arabia
tion.
to
150,000 Barrett
Mediterranean.
Sold privately to
Metrdpblltan Life IrisilrEquitable Life Assurance Society of the United
States; New York Life Insurance Co.; Mutual Life Insur¬
ance Co. of New York; Northwestern
Mutual Life InsUr'ance
ance
Life
1
Insurance
Co.
,
Mutual
Benefit
&
$20).'
Machine
Tool
'
conv.
Co.;
Co.;'■ Aetna
(par
i
j
:
,
preferred stock
Price, $25
-
250 000
Eaton
lative
Life
Insurance Co., and Travelers Insurance Co.
,
'
_
f
preferred
loans,
'
Working
patrick-Pettis
Co.
stock
(par
capital.
shares
2,500
$100).
Price,
par.
4%%
of
BUILDINGS,
148,180
ETC.
♦$1,300,000 Jefferson Hotel Co., St. Louis, 3Vz '%-4%
20-year 1st mtge.
bonds.
Purpose, refunding.
Placed privately.
'
V
.
*4,362,778 Lincoln
Corp.
20-year
3Vs% 1 loan
due
1961.
refunding.
Placed
privately with Aetna Life
Insurance Co.
'
'
*
'
.
Building
Purpose,
(L. F.)
.
I
'
cumu¬
.
;
; ital.
125,000 (J. H.) Holan Corp. 50,000
;
(par $1).\ Purpose, working
!
'
shares
share.
.
„
,
*165,300)preferred
capital
stock,
ndtes, due Aug.
1,
1967.
for;
Pur¬
i
pose,"provide funds for additional
facilities, working cap¬
Metropolitan Life Insurance
ital.
Placed privately with
through Lehman Brothers.
,
10,000,000 Lerner
•
t
'
.
(
to
series
Price,,
A
J
'
.
";
$2.25
Shares
1
'•
for
.
•
»
-
Co.
Piano
preferred
and
48,347
by
stock
Price, '$10.50
10,000
$10).
(par
share.'
per
shares
of
subscribed
1
(
Offered
*
•
by Urban5 J. Alexander
-
.
'
,
Common
stdck
.
Price,
$11.50 per
* f
.
(par
of
Television
5%
convertible
$4).
Purpose; general
by Willis E. Burnside & Co.
corporate
and
-
•
Corp.
(Preferred stocks of
ferred stocks of
■jf.
stated
a
no
purposes.-
i
at
par, while preof. common .stock
are.
Offered
Inc.;
Mercer,-Hicks & Co.
lative
\
1
>
,
|
Gas Co.
25r125 'shares of. common
(par).
Purpose, acquisition, of stocks of subsid¬
iaries, etc.
Price
(approximately), $46 per share. Offered
by brokers on New York Stock
Exchange.
,
'■
Electric
ferred stock
Power
lative
■
<
(42,340)
,
(par $50),
in
taken
exchange
for
6%
Parker
shares "of
stock
5%%'
(par $25).
lative
t
,
1st
of
convertible
preferred stock
California
2d
(see
'
-J
,
\
•
.
;•
•
,
:
'
.
J
,
'
!
'
,
-
.
1
of
»
.
common
Offered
,
shares
stock
by
Van
common
per ; share,
'
•
'
'
1
stock
offered
by
■
...
1
:
,
Gas
by
-
'' '■
,
21,250 shares of capital stock,
Offered by Willis E. Burnside & Co.
&
beneficial
*
[
,
Airways
per share.
Electric
Association
311,361
common
Interest,(par $8).
Price, $11.75
The First Boston; Corp.;. Blyth &
Dillon
&
Co.;
Goldman,
Sachs
per
Co.)
Co.;
Pierce.
&
_
&, Ford, Ltd.,- Inc.
Price, $36 per
&
£25),-
& Co.
)
|;
.
4,000
par).
Sachs
-.
•'
Co.'
•
shares .of
' Offered
share.
capital
by
stock
Goldman,
^
•
:
'
Dodge Corp. 60,000 shares of capital stock
(par
Price, $42Va per share.
Offered by Clark, Dodgai
j
i
Morris
&
v
"
»
V
"
601,726 Philip
;
r
.
of
share.
$16.75
•
,
shares
Blosserj
Eastman,
-
2,527,500 Phelps,
stock ,(par
&
(nd
"*
Co.,! Ltd., Inc. 20,839 shares
stock
(par
$5).
Price, $287/a per share.
Lehman Brothers and J. J* B.
Hilliard & Son.
1
•
J
.
Oil Corp;
299,000 shares of capital stock
(par $1),
Purpose, drilling of wells, acquisition and
development of
properties.
Price, $1 per share.
Offered by C. K. Pistell
& Co., Inc.'
v
"
'
,
:
<
Offered
tl44,000 Penipk,
'
,
»
299,000 Noranda
t
\
.
'•
foregoing).
:
V
;
50,000 shares of
preferred
:
■
,&
Co.r Inc.;
Merrill
Lynch,
Stone & Webster Securities
Corporation)
Inc.; Estabrook & !Co.'; Lee Higginson
Corp.; F. ,S. Moseley & Co.; E. H. RollSns &
Sons, Inc.i
G. H. Walker
$ ,00?;, Whiting, Weeks & Stubbs; HaydenStone ISr'Co.; Schoeilkdpf, HUtton &
Ppmeroy, Inc.; Yarnall
& Co.; Starkweather &
Co.; H. F. Boyiiton & Co.,
Inc.)
Pacific Co. of California; F. S.
Smithers <fe Co.; William R.
Staats Co.;
H. P. Wood & Co.;
E. M.- Newton &
Co.j
Chas. *W. Scrafitpn &
Co.; Chace,' Whiteside, Warren &
Sears,
Inc.; Perrin, West & Win'slbw*
Inc.;. Townsend)
Dabney
Tyson, and H. C. Wainwrifeht & Co.
-'*
I
.
."i
.
.
cumu-
Purpose,
5% cufnu$10). ; Purpose,
purchase shares of Constituent
company.
Price, $1Q.75
per share.1 Sold to certain
parties for investment.
•
and
Redpath; Alex'.
Company, Inc.; Folger, Nolan,
Inc.;
.
.
-
„
stocks.„ - Unexchanged, shares
underwriters
consisting of Dillon
by
up
Read & Co. Inc.;
Auchincloss,
Brown &
Sons; Ferris &
'
,
140,000 shares of 3.6%
prePurpose, refunding.
Price,' $51.75
^
convertible
*500,000 Douglas Oil; Co.
Co.
per share and div.
Offered
T 5'/a%.
series
preferred.,
11,500
constituent
'
Offered for
subscription to stockholders.
Potomac
Calif.
1st preferred
-
i
128,316 La Crosse Telephone
Corp. 10,693 shares of common
Stock
(par $10).
Purpose, property additions.
Price, $12 pershare.
7,000,000
of
of
*1C3,500 Douglass Oil, Co. of Calif. 69,000
shares of common stock
(par $l).v Purpose, .purchase of
shares of
constituent
company.
Price, $1.50 per share.
Purchased for investment
by underwriters of 11,500 shares. of
5% %'. cumu¬
Natural
stock
Co.
shares
!
Fenner & Bean?;
Coffin
&: Burr,
'
j
.
company.
Price," ,-$26 per
share.- Offered by The pacific
Co. of Calif.; ICruttenden
& Co.,! and
Brush, Slocumb & Co.; Pacific
Capital Corp.,
and Adele Walsh Parker.
'
*
.
UTILITIES
Oil
convertible
-
Harriman, Riplpy,
OIL
I
purchase
•
1
$1,155,750 Consolidated
t
$287,500 Douglas
taken
are
alLcIasses
computed at their offering
prices.)
PUBLIC
i
!
»
-
of
share.
-
\
($8,*
Dunn, Nevf
,
Inc. 5,500 shares of
commod
$1.25 per share. 10ffered
by John
Price,
American
shares
stock
,
value
par
par value and
!
t
,
NEW FINANCING
Corp/" 100,000
$1<
3,658,45)2 New England
75,000
preferred
i
i
purposes
R.
Charles
j
Pur-i
Sherrerd; Frank & Bclden> Inc.; Link, Gorman
Inc.; Enyart, VanCamp «Sc Co.,'
Inc.; Bradbury*
Co.;, Kirstein & Co.,.and Reed, Lear & Co.
.»,)
,1
1
<
Ptice, $1%
|
j
$7,620,930
STOCKS
by
1948.
HeMcopters,
'
.
$17,500,000
Offered
par.
('
consolidated
1,
Co.,
29,219 Latin
-
l-
;
Manufacturing
cumulative
&
Ames
$1).
,
States
shares
!l.l5%
Butcher &
share.
,
,
300,000 United
Banks
&
.
(par
.
i
Credit
,
575,000 Thermoid Co. 50,000 shares of
i Purpose,*, working capital, etc.
Offered by Blyth &
Co., Inc.
i
1:
!
j
Oliver! Engraving Co. 120,000 shares of
common
stock '(par $1)'. 1
Price,• $6 per: share.
Offered by
Sills,
Minton & Co., Inc.;
Buckley-Brothers; Straus &
1
*
(par
720,000 Jahn
_
.
Price,
Southwest1 Co.
(
' cumulative
working ^capital.
Co., Inc.
r
•
Lazard, Freres & Co.; Kidder, Peabody &
Co.; Merrill
Lynch,. Pierce, Fenner & Beane; Paine,
Webber, Jackson
<Sj
Curtis; White, Weld" & CO.; Laurence M. Marks &
Co,';
Shields & Co.; Riter & CoN.; Boettchef and
Co.; Bosworth;
Sullivan & Co.; Paul H. Davis & Co.;
Nashville Securities
Co.;, Fir,st, Califoania Co.; Kalman fa Co.,
Inc.; Merrillj
Turben &; Co.;
Rauscher, Pierce & Co., Inc., and
Firsti
an; investment
5%
Purpose,
stock
;
84,000 Standard Milling Co. 6,000 shares of
common
stdck
(par
$1).
Purpose, corporate purposes.
Price, $14 per share.
;
i
,
Offered by Stone"& Webster Securities
Corp. <
-
t
-
'
j
t
Intermediate
1,150,000 Fedders-Quigan
sub¬
Co.
1
■
r
1,150,000 Fedders-Quigan Corp. 100,000
(pstr
$1).
Price,
$11.50
per
Aistyne Noel Corp.
of
Offered
,
,
'
-
'
<
preferred
Price, par.
GOVERNMENT AGENCY ISSUES
stock (par $1).<
Price,
Nickerson '& Co'., inc.
>
.
Purpose,
'.
cumulative
'
ISSUES NOl REPRESENTING
,
;
per
$100);
purchased
at $114.75' per share.
100,000 Shackle ton
:
r
:
$6,875 Doman-Frazier
stock
common
div.
shares),
,
.
*
400,000 Plywood, Inc. 200,000 shares of common stock
(par $1)1
,
,
i
Purpose,t purchase of stock, of constituent
xompan'y.
Price,
$2 pei* share.
Offered by Baker, Simonds
Si
Stores
,
W.
'_
Price;
_
Corp. 3%
sinking fund debentures, due
July 1, 1967,
Purpose, repay bank loan and reimburse
treasury for expenditures made and
contemplated in
busijness
expansion. • Price, 100 and int." Offered
by Merrill
Lynch, Pierce, Fenner & Beane;
'Eastman, Dillon & Co.;
Goldman, Sachs & Co.; Kidder, Peabody &
Co.; Lehman
Brothers; Union Securities Corp.;
White, Weld & Co.;
A.
G.
Becker &
Co./ inci;"Hallgarten & Co.;'
Haydeh,
Stone
&
Co.;
Hemphill, Noyes & Co.; Hornblower &
Weeks; Paine, Webber,. Jackson & Curtis; Shields
& Co.;
Bacon, Whipple & Co.; Haydcn, Miller <fe
Co.; Kebbori,
McCormick & Co.; Lauience M.
Marks & Co.; McDonald &
Co.; The Ohio Company; Reyholds &
Co.; Laird,. Bissell &
Meeds;. Stein Bros. & Boyce; H.
F.jBoynton & Co., Inc.;
R. S. Dickson &
Co., Inc.; Granbery, Marache &
Lord;
Johnson, Lane, - Space & Co.,
Inc., ' and Reinholdt &
Gardner. *
;
j
(par
and
par
stockholders
common
balance'1,653
company
j
5%
■
3Vz%
purposes.
scription
*$7,500,000 American Stores Co.' 27/8%
cpmmon
stockholders'.
take up to ■
18,750
Purpose, working capital.
1
con*
to
•
York, fiscal agent.
,
MISCELLANEOUS
,,'
Warren
.
50,000
$5,862,778
to
contracted
Foelber-Patterson, Inc.
1
480,000).
256,250 Oneida, Ltd. 20,500 shares of common stock (par
$12.50).
Purpose, additional working capital.
Price,
$12.50 per
share.
Offered for subscription to stockholders. 4
j
4,834,700) Pennsylvania Saft Manufacturing Co.
200,000 Pacific Lutheran College Association 1st
mtge. 3%-31/4%
bonds,
due
serially i 1949-1957.
Purpose,... finance ".con¬
struction.
Price, 101.
Offered by B. C. Ziegler & Co.
•
of
capital.
Offered by Cunningham & Co.
,
'
-
subscription
cap-
Pride,' $25.50 'per! share.
Offered-by
' York & Co. and S. K. Cunningham & CO.
cumulative
Purpose, refunding
($125,000).
Price, $20 per
debentures, dated Sept. 2, 1947; due June
pose,
refunding ($40,375,006; new' money
j
i
preferred
j
5%
$20).
2,500.shares of
FARM LOAN AND
i
,
(par
of
1
r •
'
,
•
$48,855,000 Federal
Purpose, retire bank
Offered1 by Kirk-
Co.
•
i
I
shares
capital
Co.
,
$100).
$730,000
•
Grammes & Sons, Inc. 5,811 shares of $1.50 cumu¬
stock (no par)., Purpose, working
lative
"
>
Corp.
(par
Offered by
1
LAND,
for
1
r
Offered by Johnson & Johnson.
Products
stock
insurance
C.
stock
.
Co. 6,000 shares
o( 6%'cumulative
(pa-r $25).' Purpose, working capital,
per share..
Metal
.
.
25,000
operating
Offered
Republic
sharps,
250,000 A. ;S.
Co.', Inc, 10,000 shares of common
Purpose, retire bank loan; construePrice, $23.25 per share.
Offered by Cohq & Torrey.
stock
i
Hoffman
,
j
,
,
Co.
preferred
($375,000);
•
$25,090,000
*$25 000 000 Trans-Arabian
Finance
368,030 Weyerhaeuser
$65
Timber
share.
per
Co.
Offered
5,662
by
of
common
Offered
Blyth
&
Co.,
by;
-1
common, shares.
Pricey
Lie.
-
1
$10,880,842.
''
:
'
'
■
f
'
•
♦Represents issues placed privately.
tRepre.sents special offerings. '
$1,190,000
!
General Corporation and
Investment News
British Industries
Corp.—Omits Dividend—
It
dividend
a
1
,
1
..
*
>
April
Borg-Warner Corp.—Declares
Larger Dividend—•
The
share
on
the
on
Sept.
87Yz cents per share
ers
of record
common
cents
paid
on
Sept. 17.
stock
5
common
on
declared
stock
Commenting
1
and
July
at
ume
present
indication
no
during the remainder
'
"
1
Taxes
revenue
accrued
Net
operating
Gross
&
compares
of
of
the
first
half
of
this
year,
decrease in
the year."—V.
166,
and
25,757
'
j
^
vol¬
5,611,886
r
''
$4,480,191
";irt
'•
'
|
lVl"
23,562,461
5,558,258
■
*
»
1
j.
11,636"§72
841,033
Income balance
$3,724,982
'
64,434
$7,901,799
'
$3,765,793
$1.51
.LH.i
$7,541,816
2^1,770.
$4,606,826
851,834
$7,606 250
1,702,585
$6,i99,2l4
$1.53
$2 51
$5 837 589
'
&2 3fi
,
Boston Elevated
Ry.
ttnrirPei"
Boston
Ion
8
Co.—Distribution, of $40
declared
pa^able °.n and
an
after
of
the
dividend
aor lo of $9,551,760.
J8d a
on
the
SePt.
V8166, pm94Ge
12
upon
presentation
to the Old Colony
good
affected
shares
To
the
sale
cover
a
°f th<S S^Ck' $6'300'000
.
$81,370,
to
the
charges
Estimated
•
net
liabiliiy
has been
operation.,
deprec., amortiz.,
!
capital
&'
,
that
aside.
reVCnue as 8bove fr°m Jan.
The °Peratl"g results as shown
of
■'
'
-
the1
X
4,610,050
$2,245,177
exchange,—V. 166,
p.
l._
in
$14,585,349 $13,238,043
dollars
851
are
taken
at
1947
7V2
production
crisis
to
enter
the
to
and
paid
cents
on
payable
other
resultedin
loss.
a
a
dividend
payments
in
notes
"payable,
charges,
$418,833;
1
.
cU'rrent
order; to
of
bank
and
25%"
credit
2%%
Of
any
agreement
notes
due
annual
April
net
*
or
:•
financial
condition
continues
.
satisfactory,
30
With
cur¬
amounting to $298,442 and current
liabilities
ratio of current
assets, to current liabilities of
3.66 to 1.
.
" ■
■
a
j
_
dividend
stock,
payable
distributions
each
were
payment
held, the
share
Brown Radio
with SEC—
j
,
Oct.
1
made'on
on
to
,
of
18
holders
cents
of
April 1 and
30, 1946, of
pet
share
on
Fiscal Years End.
Apr. 30—
♦Net sales
1947
>
(&
excise
inc.
Income
1,
Sept.
purposes.
before
Net
inc.
after
taxes
worth
tEarnings
Payroll
1
per
com.
!
12 ,970,783
shr.
$9.74
>
,
Employees
$2,144:472
20 ,745,918.
15,238,540
8,811,501
6,427.039
i $2.18
$3.51
-
4 ,639,955
2,867,489
1.293
866
■„
—
$1,360,032
17,364,402
9,212,712.
8,151,690
.
♦Excise
Aug.
2,
taxes
included
1946.
current
year.
in
Earnings
net
for
sales.
prior
tCpmmon
years
$1,073,809
13,015,238
7,675,566
5,339,673
- '
$1:67
2,257,371
shown
;
1,875,716
697
stock
on
572
split
2
equivalent
\
»
Bearing Co.—Earnings—
6
Months Ended June' 30—
Gross prof: on sales before
'
^
prov.
Deduct:
for
ad'min.
expenses
302,333
$2,329,114
income
income
for
1
basis
Capital
declared
•
per
$712,969)
on
inc.
30,709
'
■
*
ASSETS—Cash
(esti,)i
:
990,000
$1,369,823
!_>_•.
_•
1
—!i
43,687
$756,659
•
300,000
$456,659
224,941
SHEET
iri
and
.
JUNE
30,
150,000
450,000
300,000
$3.04
1
BALANCE
banks
120,720
-
$2,359,823
taxes
outstanding_
share
$1.52
1947
4
\
on
hand, $1,274,984; accounts re¬
ceivable, customers, $1,939,599;
inventories, $3,058,107; cash surrender
value of life
insurance, $20,884; other assfets, $150,314;
property ac¬
counts, at cost (less—reserves for
depreciation $1,918,039), $2,845,656;
patents, at' nominal amount, $1; deferred
charges, $70,139; total, $9,*
359,683.
'
•
CONSOLIDATED BALANCE
SHEET, APRIL 30, 1947
;
'
(Including wholly-owned
subsidiary]
ASSETS—Cash on hand and
demand deposits,
$7,023,528; accounts
receivable, trade (after
allowance for doubtful accounts
of
$3,877,027; inventories (finished
$42,194),
stoek,
$13,396,232;
in
average cost, $203,959; and raw
process,
at
materials and
supplies
at lower of
aver, cost or
market, $3,423768, $17,028,958;
accrued storage,
deposits, etc., $144,938; accounts
claims,
receiv., officers & employees,
pension
trust fund
$61,540;
payments
recoverable
from
employees, $35,000*;
livestock, at cost, $22,905; cash
surrender value
of
life insurance,
$192,402; standing timber, at
cost, less depletion.
$566,154; land, buildlngs and equipment (after
allowance for depreciation of
Fed.
shares-
Earnings
i
for
$1,136,022
366,817
137,648
Operating profit
Total
1946
$2,833,580
—
Deduct—Prov.
* |
;
,
Selling, general &
Depreciation
Other
'
1947
deprcc.__
.
Dividend
$5 793,886
33 ,716,701
-
■
1944
$52,501,884 $38,781,966 $33,558,808
$22,605,964
27,661,993
23,601,074
18,769.648' 9,661 056
taxes
! 9,555,986
5,742,472
5,131,132
4,012 220
,
3,762,100
',3,598,000
3,771,100
2,938,411
taxes-'—,
taXe^
1
.
I
Bower Roller
,
1945
■
:
-
t
Subs.)—Report'
~
19.
last.
.
1946
~
.
for
,
record'
July
;
Federal
,
company on Aug. 29 filed, a letter
of
notification with thA
17,000 shares ($1 par) common
stock, to be offered at $8.25
a share
through M d-SoUth Securities
Co., NashWlle, Tenn., as under¬
writer.
Proceeds wi':l be used for
payment of bank indebtdness and
other corporate
,
Brown-Forman Distillers Corp.
Productions, Inc., Nashville, Tenn.—Fileg
The
,
SEC
$1,568,551),
•I
deferred
•
April
one
additional share
company paid cash dividends of 15
each on
cents
July 1 and Oct, 1, 1946, and a
dividend of 28 cent*, plus a
capital gain dividend;
of $1.38 in
stock or cash,1 at holder's
on Dec.
option,
24, 194S.
Prior to the 100% stock
of 30 cents
dividend, a cash dividend
waS paid on
April 1, 1946,—V. 166, p. 463.
for
'
which
are
making
investment, and
sizable
other
(2)4% notes due April 30,
1952^
30, .1956, With required payearnings after taxfes earned
quent to April 30, 1952,
subse^
$8,000,000), $12,500,000; mortgage notes pay*
able
(maturing $33,000 each on: July 15, 1948 to
1950, inclusive),
$)9,000; preferred $4 cumulative
stock, no par (outstanding 9,844Vs
shares at stated Value of
$100 per share),
$984,42d; common stock
($1 par), $588,974;
capital surplus, $140,360; earned
surplus, $11,257,*
029; total/ $33,716,701.^-V.
166,p. 367.
4
manufacturing field
entailed
Omit
'
under
$4,500,000),
ments
factors,
expenditures
!
;
and
trade-marks, $1; total, $33,716,701.
maturity, $33,000;
accounts payable, trade. and.
miscellaneous, $963,976; accrued compen¬
sation, commissions, taxes,
interest, etc.', $530,766; provision for Federal
and State taxes on
income, -$6,375,777; customers' deposits on unfilled,
orders and on materials
purchased for their account, $143,400; notes
when I
\
«
5,427,748
British
dficisibn
p. 3276.
capital
Similar
on
$6,855,227
$2,371,200
AeSr!™tC nCt
rates
$7 79a q4a
iii
company
Jan^ 2,
on
and
insurance
LIABILITIES—Mortgage
,
Broad Street
Investing Corp.—18-Cent Dividend—
directors have declared a
mav
See
the
extra
prepaid
,
-
-
I,
,
June
assets
will
paid,
cents
brands
to
i
'
the
liabilities
revenue
Jan. 1 to
July 31—
average
165,
at
Total
Brazilian Traction,
Light & Power
Co., Ltd. (& Subs.)
Month of
July—
1
Gross
1q.7
...
*
earnings (rem
other
decided
The
with
Oper. exps., estim.
company's
Total
$20-,
state-created
was
2Va
$4,345,414;
<
Stockholders Says in Fart:
company
the
of
outstanding
tax
plus
July
progress.; This,-however,
assets
—V.
Net
238,794
from
have
;
■"
The
rent
cents
resources.
Trust Co.,
or somewhat less; than
half, of the
share, received
Transit
Authority.
Metropolitatn
a Share
liquidating dividend of
initial
directors
entire'year.
the
also
Net
S ° record lSept- 12' 1947
Mass
Payment
297,490
Sept.
the
first, six months of the, year
loss includes
extensive advertising
applicable <0 the
very
1,768,661
2007.
that
2
this
of
conserve
of
the
Following the
j
'l.-1
$7,660,029
,
$4,576,816
p.
25,757
>
$48,298,907
10,810,352 '
$4,565,177
41,649
96,625,
,
rents, etc.
Earnings per share
♦Restated.—V. 164,
•
,
Sept.
cents,
cents on
for
properly
Plans
at
;■
Ill
income
on
are
1947-^-12 Mos.—* 1946
•
5.933,845
-
income__
.?"^e directors
However,
there
business
946.
p.
7%
4
because
operations
40
quarter,
important
any
with
during 1946.
i
corporation, C. S., Davis,
are
continuing at the1
third
1947—6 Mos.—*1946
income
Int., discts.
which
$27,262,291 $25,024,129
$52,533,708
13,955,998
12,049,866
28,354,286
2,866,500
2,797,200.
5,683,284
__L
J
Non-operating
last,
of
and
Chiefly
cents
65
'
1
revenues__^._
expenses
Depreciation
Uncollectible
1,
1
Co.—Earnings—
Period End. June 30—
„
of
)
Boston Edison
Operating
Operating
dividend
regular
2, 1947 and in each quarter
the Current business of the
on
President, said: "Sales in the
satisfactory rate experienced in
is
quarterly
the
on
payment
A Letter to the
quarterly dividend of
the preferred
stock, both payable Oct. 1 to hold¬
Distributions of 50 cents each were
made on the
April
Jan.
on
a
and
1
directors
per
dividend
TVs
2)
page
'
*
announced
any
/
ordinarily due oiv Oct. lr
r'
'
Following the! inauguration of dividends
on'Oct. 1, Mast
Syeav,
an
initial dividend of
-
(Continued from
was
omit
i
1
■
LIABILITIES—Accounts
payable,-trade,
$518,533; accrued payrolls,
bond purchases and
withholding tax, $78,705;
$284,648; employees' war,
miscellaneous accrued taxes,
income
(est.)
(less—U.
S.
$74,070;
tax
notes,
reserve
at
contingencies,
$59,000;
capital
stock
($5
surplus, $5,063,847; total, $9,359,683.—V.
for
Federal
taxes
on
cost
$470,000), reserve for
par),
$2,250,000;
earned
164, p. 2539.
Bowser, Inc.—Semi-Annual Report—
The
1
backlog of unshipped business as of
Aug. 11, 1247 is approx¬
$16,200,000, which compares to a
backlog of $21,400,000 re¬
ported on May
31, 1947.
The decline is due to the high rate of
shipments being made currently and to the
pfolicy of the company's
principal plants of requesting customers to
confirm orders, which has
imately
.
Number 4629.
Volume 166
Jepresent'tinn'business,.and
time.,
:
INCOME
CONSOLIDATED
Months Ended JUne 30,-
Six
Net
new8order^wh^chtre"being
together with
substantia,! volume, should assure-a high level of
received* in
for some
Cost
THE COMMERCIAL
■
'
194T
$8,734 399
11,265,339
6,78o',141
2,961,686
2,217,441
unabsorbed
taxes
,
Cr657,225'
$879,045
_=
ihcome before
Net
prior years'
,_C=
•
adjustments,-.
'nSSSS^^tSxSSS^-issrpaid
Dividends
Earnings
per
share
'outstanding
623,302
on
.
•
.
$o.i^
June
hand
on*
Marketable
and
in: banks—
securities
'
See
158,032
17,864
70,632
credit against excess profits tax (U.S.)
Renegotiation refunds due,to accelerated amortization
of
Claims tor
facilities——
war
refund of taxes
carryback
-
66,912
,
g?gj
to
afflliatod. and
Patents ^trade^marks an^g^odwillZZ"™
"" *
Postwar ref^d of excess
prof its ta^l(Canadian)
'
,
Deductions
»•««
..:
from
$2,210,264
pmnlovwg'
$1,956,903
latr
KoWston'for''ti'xes^"on^
I
..
Deferred
income
Purchase
contracts
Amt.
due
-.a.—-—;
(non-cuwent
regenot. (less curr. portion)loan, of subsitf. (less curr. maturities)
Mortgage
$1.20
(par value $25)...._.
(pax value $1)-'
—--t—
Stock
Capita! surplus
'Paid-in surplus '
Surplus arising from
.;
greater
year
ago,
'
net
•
.
«
' °ther ,axes
German
,
Income
..
866,446
815,317
1,722,843
♦2,246,079
$3,146,101
$6,653,815
$4,630,163
^Provision
for
Federal
Central RR
of New
Period End* Julv 31—
"
Operating
•
record
volume
V
for
165
the
Tercev
' ':
'
'^S"SLSZ
Pn
&
*.
p
(Xr
<s,.Rc \
A
quarterly dividend of $1
.
102,184
" n17,435
'810,587
2,895,138
share has been declared
stock, payable Octr, 1 to
to
June
1947.—V.
30,
per
preferred
on
4,592,269
6,045
3,176,380
45,485
$202,640
$41,600
$1,415,889
$293,031
mh
«
The
v.
.
company
has
applied
the money, to
-
repair
and
SEC
for
*£L
Thain Ri»U
•26,843
Tn.
$274,035
3276.
p.
,-
v
165,
3390.
p.
;
»
p. 756.
:
Period End. June 30-
Federal
crof
exc
oper.
Fnrnln(*«
Earnings—
>*
Provision for estimated
1
Income tax adjustments.^.
income
;
taxes--
reserve
92i"qqt
charge
M«^1S48
) '
871,600
1,862,515
appropriation
Operating
income..
Cr30,681
Cr 149,662
Cr81,383
$5 250,748
'
——
^'
^
300,000
diiT"
debt
; LIABILITIES—CfUrrent' liabilities, including income tax accrual for
current and prior fiscal years, $3,696,856; reserve for contingencies,
$i,381,386;- capital "and surplus, $10,111,179; total, $15,189,421.—v, jiet,
—*
^gJ-So'
600,000
^
$0.74
«Earns. per com. sh._—
St
5,541,000'
:
•;
added
i
12QT95
262,448
<•.' six months, respectively.—V,- 166;
946,
p.
\
#
Chesapeake & Ohio Ry.—Nickel Plate Distribution—-1Interstate
The
1946, these earnings per share are $0.59 and $1.07 for the quarter and
$13,647,934-
240,624
have been
S. Yantiv
Mr. McAfee is PretU-
S.
Yantis wore re-elected.
dS 2 U?3n, ElGCl'vC iS' ?/ JJl:SSOUri and Mr' Morain ls associate/
with Mr, Dewing.—V. 166, p. 947.
'After providing tor dividends-on preferred stock,
ton an adjusted
to give effect to the 21/2-for-l common stock split in September, ;
.
'LouSa^^cydStauf Boston
and Arthur
Dewing, S.
board of directors,
the
to
W. A. Yantis and F. M.
t$2.68
$1.72
t$147
'
'
candv Co —Increases Directorate—
1 06,227'
104,964
.
7,470,000
$0 86
9J V
1947
(less reserve), $1,625,327, Inventories, $5,534,437, aOioif
assets, $420,991; ifixed assets (less reserve of $5,078,8a.J)
$4,750,409; patterns and drawings, $1; deferred charges ana othi.
assets, $218,993; total, $15,169;421.
r
-956,250
3,173,000
3>224,000
$3 01
JULY 31,
ASSETS—Cash, $2,5042631 marketable securities, $130,M0; accounts
5,685,933/
—
"'Sra* "sIto
current
basis
$6,077508 $10,886,892
3 285
/
■
—a—
Cr825,000
receivable
commonCSe7utstos"~~—5 514 107 $2 205 643 $15 514107 $2 205 643*
Common shs. Olltstdg.—
5,514,107
2,205,643
5,514,107
2,205,643
6,b45,404
7
"
income
267,060)
33,803
6 647 404
7 768 776
3,365,575
Crl08 576
6,233,825
*$308,579
1
——
share
ner
„
$2,543,408
V" 1,076,700
—II
Earnings
1946
$2,177,218
2,575,797
;
•fcarnmgs per
>
$7,281,823 $19,078,619 $13,256;133 *,
,255,260 )
486,040
435,498"
$8,342,930
PrQVi for Fed inc> taxes
—
Other
2,959,342
'
1,562;010
197 704
7,199,504
950,000
7 6QK HH4
-
194fi
2,923,939
1
3,578,265
674 449
wnw
-
•
of
3,860,000.. 1 742,100
TiRm9t
3'b96'894
diversion"*
Emergency
profit—
\
; "
'
~
« Mo«
1947
$5,989,726
3,446,318
——^
BALANCE SHEET.
1,329,016
'
3,127,073
income———
1
„
ISS S5'
1,752,900
2,194,000
m
inp!m#
N. Y. State water,
Other taxes
'
1947-12
■
—
Net
$28,585,837 $25,456,436 $55,721,771 $50,456,911.
?ePdeerrainS^e&tadS'e,!'
Canadian
1,711,240
expenses
(& Subs.)-—Earnings—'
1947-6 Moe-1946
revenues:...
«47
to
.
Profit before provision for income taxes
•
properties and
'
Nine Months Ended July 31—
Gross profits on sales after depreciation
Sellihg, admin, and gen. exp. (less other Inc.)—
^^13l4M.^.27S,m.*Ss',m^ ttSS.
——L
'
Buffalo Niagara Electric Corp.
companies)
Mns -i04fi
Selling, gen. and, admin.
Other
Operating
i
1047
^ M°S-W4#
.
*
!
(Including domestic subsidiary
T,mp 30
permission to borrow
The company will-use
replace its storm-damaged
hank loans.—V. 166,
'
i
23,316
the
to
$2,600,000 from First National Bank, Boston.
• $2.51
$3.58.
tClass B shares then
.
«
340,51b
47,645
490,393
—693,233
000eLoan-Vermont PubHc Service C0-Seeks $2'600'-
a'
$217,387
-*-««•« class A stock then outstanding,'
Co»ef ofngoods sold*!!!"
,
-
SHI
income
Net income
—""—t7®f2J
h share
Depreciation
on
$26 855064
*$308,838 *$1,618,775 *$3,705,725
Central RR. of Pennsylvania—Earnings—
,
.,
.
the 4%
holders of
record Sept. 15. An Initial distribution of 55 cents per share was made"
on July
2, last, which payment covered the period from May 12, 1947redeemable
*
411,0221, 1,501,340
*$221,010
Deducts, fr. gross lna..^
Trtminae
.
/
^
Pprinrt Fnfl
British Columbia Electric Co., Ltdt.—Dividend No. 2—
.
cumulative
in
1947—7 Mos—1946
"'"uS
v,r05S
»
r3(^
'Dividends
>
incurred
421 354408
^*926
.
npriori
.Celanese Corporation ot America—Earnings—
1947 and $100,000 -in
1946.
fAfter
allowance
for
amortization
of.
$1,527,011 in 1947 and $1,563,007 .in 1946, and allowance for deprecia-.
tioh Of $3,076,860 in- 1947 end $2,948,255 « 1946.-V. 166, p. 664. *V
4
$450 000
included
,
.
-
Inn
outstanding.—V. 165*
.
by
costs
Is
amount
IL
220,084
Net income '
•Loss.-V, ,M, p. »„.
1585
d
Balance after preferred dividends
$19,936,583 $17,854,837*
of
result
1946
"
Total——
reduced
was
a
Fnrnincfc
Month
$3 203 919
r
:
corresoondina
.
^
'
as
equivalent
3048
1947
revenue
■
1
income
1946
an
Deducts, fr. gross inc.,
rema,n' -
the
the-company states
1
on
30
-
Orossincome
v
.
Preferred dividends^,
.
taxes
'
1.
.
I
$6,876,242
$8,376,658
$3,895,108
»« n:
...
$3,962,018
deductlons___._
for the-12 months ended June
in redeeming funded debt and
income deductions.—V. 165 p
.
couapany fov the first seven months of this year were
«»rn7°tf
''
$4,761,554
_
electric'
diesel
$6'876'"®
;
1
Net income i.:.:....
'
by W. M. Neil,
,.
.
4'^"3
Gi"0S3 income
T
the
.
20,448,601
—
passenger
year
18,483,103
2,307,000
1,710,000
"-"MS
,
1
167,232'n^1'kh
J
former
'
.%
; - ,203i502'1
1
the
of
9,170,818
2,035,000
'
,
tons, has been announced
10,220.134
■
income.
railway
company
imm'dhdni
than
fjarmnn
.354,685^
1,796,418)
<'•> ^ 965,904
Oper., maint. & deprec.-
■
■
,
1947—12 Mos —1946
$19<191-720 $16,796,300 $36,296,793 $32,501,773
$5,504,000
SVJfhuV?'i^kl^ ®UbS,)^—Earnings--
623,302-'
r*f
'. : '
,'
29%
-
94,874
78,089
1 795,418
„
,
•
<•
1_
„
_
;
*
•
^
fiales of tha
'
247,132'
consolidation^_IZ-——' ^167,232
Earned surplus
6
„
p. 666.
1947—6*Mos—1946
30—
o^TSA3lZ.
...
354,685
,
Period End. June
__
E' 1?I!ulchs' 'onneny Vice-President, has been made President, [
,,.,-636,727
623,302
;
•'
:
5$$0fljo0$-'..5,00fl:000
preferred' stock
.
.,
used during the war by the enemy'
repara3 m pr0greSS at the Sorel shipyRrds of Marine
indLvL«
'
She S-hntPP-
'i
26,980
246*478 :
Sundry' deferred, liabiltties^-^.—109,391
Interest of minority stockholders in subsidiaries 73,946:;
,Common
lower
a
•
227,865t
449,404
-
Capitol Records, Inc.—New President, etc.—
oRowr
204,948
1945
on
1
13,2/8
i._——
„
^ P°
-
' bbsim"
1 287 395
usedto pay c<mslrucUo11 ™sts-v- «*• »•664Central New York Power Corp.—Earnings— ;
,.
that *.<*«».;
.
Acquires Huascaran, Former German Ship-
4,066>93', 3,25l'ooo:
.
t
'
w
trios
hi
,
payable
n, p.
.
#
Mfi = « S M
?on» SSSS^^. »»,■ «« awarded to Canada under
1,942
^■
Notes
h»
^conversion o?'tSuascaran,
Hit
liabilities"
in
gnes Huascaran, 7,000
2'963 584
35,053
udn
$5,885,000
50-Cent Ordinary Dividend—
Purchase by this
'
^ ^
^ ^
Sundry assets
Aceo^Sfate
«*&,%?inwjrd&et*
t
a
,
rates and advances in prices of materials and supplies
had resulted
,
'
"
outsSe companf^
„n„ntw
wt
r,
,7
n™..
.
^her wage
,
EuXfcur~se\s°' CanMiian "lc- taxesInvestments
136,997.
.
Cade—
nff—-.a
Irom sources other than railway operations.
Be added that while gross earnings from freight and
traffic had shown an increase compared with the previous
66,912,
136,997
arising fr.
Revenue
this
of
•
on,
pt" 2 RPProvecl- company's application to borrow from
4700
2
Bar?k> Boston, from time to time, a total amount of
«?!?
*
r ,the PurP0se of evidencing said indebtedness, to issue
" issuanT SVf "h 8 \° be d<.Ue
later than one year after da^e °f
issuance and to bear interest at the rate of 1%% per annum. GomhI?JJn»iffqIiire a^0lifc $450'000
PaV anticipated construction costs
at
.
•
*
income
on
of InUrnal
prov.
resident.:
*
TV® BILal Massachusetts Electric Co.—Note Issue—»*
The directors on Sept. 8 declared a dividend of 2% (50 cents per
share) on the ordinary capital stock in respect of the year 1947,
Payable in Canadian funds on Nov. 1 to holders of record Sept. 22."
Tms compares with 75 cents paid on March 31, last, 50 cents on
®
1» 1946, and 75 cents on March 30, 1946.
W. M. Neal, C.B.E., Chairman and President, stated that payment
Pi .the .current, dividend is possible solely because the income derived
9,258,754
193,388
135,333
Postwar
-
31,'46'
110,850,'
,
ho
n
p*
'
fViiirat
pt,.c*w
Earnin^<,17
2,932,475
;——
subsidiary not consolidated
wil,
held
Qr«s ea™to5s (estimated).,.:...............
$1,726,534
10,780,871
.—————
expenses
Due from
30,'47 Dec.
112,350
—
—
19
shares
Locomoitve Works above,-V. 161,
>3,872,724
..
—
tInventories
offer
the
of
-Raidwin
Declares
$1,081,711
—
♦Receivables
Prepaid
1_
166
*
jriC31ut:UL
-
Schnurle of Portland has been elected a Vice-President)
e comPany's public relations program. He will also repQdfi,npany 111 50016 of its industrial development activities.—
[[
v
Canadian Locomotive Co,, Ltd.—New Arrangement—"
balance sheet
ASSETS—
m
Jw!?
1
be
°*fered lhe ri®ht
$2f>6 ner" share"
ten snares held at $20 per share
'
terms
ci—*
ten
e
$1.21 "
will
company
cMcaliySfor' "mh™.™ brex-rishte—v'im^'si"'688 "**'*
wou,d°naSS
mL'ths m,defJu3rM,%s46ed JU°e 3°' 1341 a"d $53,5l# l0t:
Cash
™«nrrf
each
funds)
the
NOTE-Income may- be overstated due to the fact that war facilities,
consolidated
for
(
;
the
to
7
New Vice-President
tn
SS £*
'■ .19,667
•
proceeds
,
shares
_
•Loss.
Under
of
hpfor^ nJt
or
stock
T,h0 Nsw *»*«»>*
i20,poo
,..
on
commbn
(Canadian
M79,#4S
cumulative"p«T"5oei
si.2o
on
common
Value
stonk
common
subscribe
*$173,402
—
*'
Net
(1047)-
<
^
Holders of
to
-
a—
Prtor. years'.
share.
a
Canadian Breweries, Ltd.—Rights to Stockholders—
567,444
539,712
«,
carry.-back_*
$20.50
^
„
352,426
—_
Refund of taxes on, income due to
-
•
burden)——
income*-
on
-
at
$875,250* after all expenses, which will be used to pay off a $700,000
Sbori-term. debt to Bank of America and to finance property additions
and ^provements.-V. 164, p. 2404. ,
1946
$15,998,209
Administrative, sales apd service expense
Other expense, less other income (1946 expenses '
include
offered
'
With SEC—
The'company on Sept. 10 Hied a registration statement with the SEC
covering 45,000 shares of new ($20 par) preferred stock to be'publicly
.
STATEMENT
sales
.—
of sales
Estimated
*
.
FINANCIAL CHRONICLE
California-Pacitic Utilities Co.—Registers
operations
■
&
•
I
-
Commission
decided
Sept.
on
10
it
had
plan of this company to rid itself of control
jurisdiction over the
no.
-
Commerce
of the New York, Chicago & St. Louis (Nickel Plate) RR. by distributing
its Nickel Plate holdingo to C. & O. stockholders as a dividend. , ■
,
Gross
Income
income—
$5,254,033
deductions^
$6,197,703 $11,127,516
1,188,091
'
1,760,536
:
:
_J
$13,910,382 ;
2,975,236
1—.
5,646,708-
!
:
.—
End
'1947
innp 70
6 Mos. End. June 30—
!
1947
Under the plan> the c- & °5° r/,!!"^ish lt,®l.cdf^rollTof N'^1
plftte ln connection with a proposed affiliation with the New Yorx
Report
Semi-Ann.
*1946''
1945'
194b
i»4!y
Corn
Securities
rpnfral-I!linni«
1944
'
Central
Net
income-
Reservatibn
$4,065,942
—
of
$4/437,167
$8,152,280
240.000
240.000
480.000
net inc.--
:
fnSLst
$8,263*674 L
/
Interest
997.000
1
—:
■
-?a,16t5°epar3«8SUrPlUS $3'825'942 S4'197'167 S7'672,28° $7'266'674
w:
(The) BuLlard Co.—Earnings—
'
'
V
;-
cost
'
"
85
003^387
««5
zr.uq
Int.
5,452
5,038
general, and. admin,
J
exps.—
payable-
—
9«s' Pr°'-""M
/.;.•-
'
Operating lose——
Other income, less other charges
\
;
,
vi-.J.'...
.
).
■
'"2'30°:V HT
•Tax
.
•
,
*
•
.
.
$65,139
*° '
JAwwi
^
on
$42,807
.an
$62,813
'JUNE
refund—
$253,562
*
■*
Crl64,000.,
^
ASSETS< \
Cash in banks and on hand-L—
$464,'553
.
Cr518,000
■
■.
■ --
Air Prance,
I
\
30
Investments:,■
_
--
■
A®4]^
/:
V4
iocs
'
6
p
ASSETS—Cash
ties
BALANCE SHEET, JUNE 30, 1947
-
:
-
'
>:■
■:
atvcUrrent
in-bank
and
on
889,562:;,,,U53 •;
4,085,021
4,328,721
$18,484
'
„
$4,013,148;
U.
LIABILITIES—
$48,110
,
for
Federal taxes
reserve
for
payable
for
securities
income,
$242,343;
notes payable
benefits under
employes'
to banks,
.
retirement.
plan, $859,475;-common capital stock (276,000 no par
shares)), $1,051,125; earned surplus, $6,796,520; total,.$10,846,365.—V. 166, p. 851-.
r
'
•
-
'
-
•
.
Butler Brothers,
Chicago—Aug. Sales Declined: 32.6%
Period End. Aug. 31—
1947—Month—1946
$
■.Combined
"
V.
sales-—/
166. p.
755.
:
10,174,248
1947—8 Mos,—1946
m
.
15,094,334
.
•
$
$
;
83,555,120 101,111,965
.
*
V "
,
'SJS'SI
—
Undistrib. net income
Common stock in treasury (606,034
.
at^costT
)
'
$4 144 160
j_ ""~7noV"
—v. 165, p. 1067,
'
„
'
'
'
.
'
.
■
-rh«
eomDanv
The: old colony Trust Co., trustee, 45 Milk St., Boston, Mass
until noon of Sept. 19 receive bids for theseale to it of first and gen
1, 1972 to an amount
prices not to exceed 108h.
bonds due Sept
-
on
In«.—Registers with SEC—
Sept.
4
filed
*
'
a
registration
statement
($L par) capital stock. Cartwright &
shares of the Fund. The price will be
covering
Co. is general
based on mar-
price;
'
Ciro
sufficient to exhaust the sum of $67,657, at
and interest to Sept. 22, 1947.
of no par vidua
2795.
99,050 shares
distributor tor
ket
$4 382 702
'
•
rinclliliati Fund,
'
'
'
" ".
0
■
nn
' Tonjoro Cnntxhf
Central Maine Power Co.—Tenders bought—
eral mqrtgage series M 3Vu%
the company's 88,977 shares
approximately 08% of
•
i
2Jnio?
Drl 481 034 Orl 481034
'
of
...
J,010
qik'Sta
"
■
—
—----—
.
$58,576
,
S.
service
to make reserVatransportation to
—common stock have accepted the offeror Marshall Field III, publisher
Chicago "Sun," to purchase their shares.
The offer to purchase
'
the chares at $00; per share was to expire on the aforementioned date.
,.
fakes
land,
on
past
1
-
.
purchased—$28,570
—
30,277
Deferred income—from.sale of.securities "when
*
Accruted
.
reserve
8.
Acfcounts
LIABILITIES—Notes payable to banks, $200,000; accounts payable,$262,912; .customers' deposits,, $98,353; - accrued •> liabilities, $635,232;
$700,000;
Sept.
at
--
Govt., .etc., $422,100; prepaid, insur' / Issued!''.
—
building, machinery and equipment,,
Convertible'.preference stock
at cost
(less reserves for depreciation), $3,787,875), $3,792,054; patents,
Common
stock
drawings, jigs, dies, etc., at nominal valUe, $1/total/$10;846,365.
;
'
Capital surplus
1——
against
etc./$203,042;
on
Airlines, it was an-
agreement makes it possible for air travelers
any
of. the domestic carriers'- offices for
tions
*****
has signed
miles,
route
:
v
-
hand, $1,519,777;'U. S. Govt, securi-
value,
claims
taxes,
100,000
Aggug rnel7--.—-r
.38,448
3,910 , p 5M
.
.
Totei: .: /:V.
:V 'rteld Acquires Control
■ Total -———
Richard J; Finnegan, President,, on Aug. 25 announced that h.olders
$212,512; accounts receivable (less reserve .for
.had. def)ts; discounts: and, allowances- of $47,790), $683,731;.inventories,
l»nce;
than
any-point on the world-wide network of Air France, and air travelers
*
will be able to
make reservations tor transportation over
,
& Southern Air Lines to any point served by It.—V.
166.
•
NC.
more
over
interline agreement with Chicago &r Southern
The
•
i4o,1(v
;
N1.8C
Agreem't
the ^ international■+>*** serving 33
continents
five
nounced
.»
-
work-out
192,400 shared of
Chicago & Southern Air Lines, Inc—Signs
n
$60,985
* '
-.
SHEET
BALANCE
,
held soon to
details for the distribution of Its entire holdings of
P- 851.
1.624
-—-—balanoej oniiEi, juiNrt ju
-z—L——————L'J
—
30^34
>
period
^ pciiUU
$494",887
18,345
,
——
.*
executive committee would be
the road's
P.ate e.mmou atoch .or each ahar, o! O. A O, outatau.Ung.-v. ,68,
4,741
•
.
18
% «2a5«c!f
Net income for
$271,907
—
4,246
-
1116111 01 *capltal surplus ■ in amount ot $i/,s»3 m xut/ an
—
'
Loss,
"
672,089
*
-
tfifi48Q-
Nickel Plate competes for business
which
R°pert J. Bowman; President of the C. & °. announced tht^ a m.eet-
ing of
the baels of 1/40 of a Hhare
"•
notes
on
ot
Belling,
''
,
Geh? & admin.4expenses'
'
,
,
J-
1—
'
.
NetixsSthsEndedJune30_
4,500
3|l33
5 689
2 389
4 500-
with
RR.,
'
cvn
SEC—
SEC to
¥.
Twins
Mining
*
notification
offered
01 prop
...
■
at
stockt0g^n/wash.
La g
_M
Co., Orogrande, Ida.—Files With
*
with
'
the
cents per share.
Underwriter Is
Proceeds will be used lor development
25
8
THE
(1048)
C
I
Financial Corp.—New Official of Affiliates—
T
'chervenax
C
Service
Fire
New York
Eastern
Co.
elected
Vice-President
Executive
York
New
of
and
American
ot
Manager
Liability
Mutual
Period End. Aug.
Sales
—v.
Co.
Insurance
th®
accompany
trucks,
Arthur
announced.
company
covering
stock.
The
writers
six
'on
licly.
24
will
Proceeds
will
166,
Brothers
offered
of
to
common
share
one
to
of
shares
redeem
named
are
stockholders
preferred
will
outstanding
Electric
&
pub¬
and
Period End. Aug. 31—
for
The
11.6%—
—V.
company and asso¬
electric utilities
for
the
12.5%
a
increase
1947
the
over
hodlers,
corre¬
p.
members
company's
offering
Co.
% Incr.
of
directors,
addition
with
the
SEC
to
the
176,491,000
185,006,000
13.6
and
186,928,000
12.4
profit
188,437,000
9.9
12.5
Cudahy
own
the
to
stock, none of which is included
underwriten by a group headed
be
by
last year amounted
the
of
first
six
in
76%
the
A.
of
sale.
G.
The
weekly
this
Corp.—Weekly Output—
$885,000.
and
$40
Decker
kilowatt-hour output of electric energy of subsidiaries
adjusted to show general business conditions of
C.
corporation
territory served for
the
week
ended
Sept. 4, 1947, amounted
292,440 as compared with 246,077,977 for the
corresponding
1940, an increase of 33,214,463 or 13.50%.—V. 166, p. 947.
to
at
279,-
week
($20
These
of
for
the
12-month
and
in
to
6
stockholders of record
Sept.
Connecticut River Power
Dennison Mfg. Co.
Co.—Earnings—
6 Months Ended June 30—
for
the
1946
$2,198,813
firm
£rl,119
Dr997
income.
Earnings after taxes
(est.)
"■Revised estimate.—V.
$2,252,332
Operating
918,748
227,000
Total interest
Balance
and
before
Preferred
other
Balance for
453,740
and
of
&
$599,366
$609,327
36,000
36,000
dividends
Gross
and
surplus—
$563,366
$573,327
Browns
&
Sept.
on
10
announced
The
that
System output of elec¬
tricity (electricity generated and
purchased) for the week ending
Sept. 7, 1947, amounting to
196,200,000 kwh., compared with 175,500,00ft> kwh. for the
corresponding week of 1946, an increase of 11.8%.
Local distribution of
electricity amounted to 181,400,000 kwh., com¬
pared with 163,800,000 kwh. for the
corresponding week of last year,
an increase of
10.8%.—V. 166, p. 947.
&
SEC
Sept. 5 approved the amended recapitalization
plan of
company, which provides for the retirement
of its publicly held
preferred stock through
exchange to Its holders of common stock of
Atlanta Gas Light Co.
The plan calls for the
distribution
802*553
sold
regular
shares
preferred
of
shares
Atlanta
would
receive
Atlanta
7
of
its
shares
basis
pointed
out,
to
proposes
consummation
Central
Publ.c
of
the
plan,
the
Commission's
Central
Central's
shares, are
Commission.
The
being
Commission
opinion
the
on
Atlanta
the
not
exchanged
in
Li^ht
from
common
240,145
The plan provides
the? Atlanta
to
of
100
directors
at
days from the
($25
lor
under
the
amounting
plan
recently
to
increase
5
to
to
approved
plan
6
"
no
11.
reclassified' to
802,553
In
shares
the
and
par).
directors of
election of a new
for
the
a
stockholders' meeting
d"t,e of the initial
to
be
of
held
within
65
distribution of Atlanta stock.
In addition to
accomplishing complete divestment of
Consolidated's
interest in the Atlanta
company, to meet integration
requirements,
consummation
of
the
plan
will
simplify
Consolidated's
structure
corporate
and
correct
an
unfair
distribution
existing, the Commission pointed
out.—V. 166,
of
p.
voting
power
6 Months
1947
gen.
charges—provision
Balance
•Earnings
♦After
A«rptq_
dividend
COMPARATIVE
■R.atln
nf
^O^e
$219,630
'
$3.30
$0.19
requirements.
BALANCE SHEET,
JUNE
"*3
^
30
2.9™^8 2,706:685
_
.
$17,813,853 $10,863,417
.
ion
~~~
IIIIIIII
I"""
TIIT.T?
—v!°ieiCp"948."S"*'l0CU™
_I_IIII
$o Ino
nfti
oon
1 045 692
9^248
078
& admin,
non nan
$3,890'840
23,660
6,948,917
on
used
to
for
an
sale
make
of
with
a
new
to
the
1946
$3,956,170
2,736,238
226,887
$507,036
89,451
84,001
121,189
18,677
13,850
18,731
per
ASSETS—Cash in banks
(less
refined
plies,
of
for
reserve
doubtful
products
$342,597; note
company's
depletion
and
$51,813;
total,
and
Issue
$224,970
268,483
$207,641
$0.84
$0.77
JUNE
were:
The
30,
.
^7'8*?.853 $10,863,417
The
M'228°tol """'to"
notice
down
also
First
,
a
to
are
tax
Corp.
American
2,725,000
750,000
Corp.—
Walker &
Co
H.
750,000
Watling, Lerchen & Co. 1,000,000
Whiting, Weeks & Stubbs
750,000
Dean
Witter &
(INCL.
and
unfunded
real
Co
1,000,000
SUBSIDIARIES)
*1946
$99,558,558 $84,857,740
76,326,742
66,930,665
5,093,000
3,827,000
surtax
178,981
582,156
$16,317,797 $14,682,239
4,087,684
4,439,201
30,866
155,558
debt
estate
to
$1,084,849
bonds.
800,000
to
340,000
redeem
$19,-
1
797,000
$11,859,247
to
surplus
in
that
to
taxes).
the
in
December,
above
portion
of
1946
provision
such
for
$8,490,481
(which
Federal
appropriation
equals
income
the
taxes
which
is
deductible
equals the reduction reflected
taxes on income attributable
to
in
the
§ Which
officer
*
1947
by
(less
4 000
For
above
for
the
at
of
stock
part
that
time.
entire
—V.
of
at
$0.91
The
year.
retired
the
balance
funded
by
proceeds
debt,
is
redemption
the
of
that
of
being
in
used
the
30,
166,
July,
to
the
p.
constitutes
connection
annual
the
with
th®
th®
report.
company
sale®
$719,-.
reports
6.
stock
common
Corp.—August Sales
of
Declined 6.7%—
1947
1946
$1,033,996
$1,108,253
948.
p.
by
1946
debentures
of
which
in
last
1947,
in
$5,000,000
issue,
:
Douglas Oil Co. of Calif.—Further Data—
Further
data
in
first
connection
preferred
with
stock
The
first
Aug.
1,
mon
preferred
stock
1948,
into
for
cumulative
payable
quarterly
on
or
accrued
and
per
to
an
after
1,
1948
extent
plus
and
of
etc.;
is
on
the
of
is
30
$27.50
at
rate
5V4%
of
at
26
166,
time
any
of
on
eight
shares
ciation,
of
758>
after
com¬
days'
per
to
per
notice
at
voluntary
share
preference
plus
to
$27.50 per share
liquidation pref¬
dividends,
extent
of
$25.00
accrued
the
dividends.
agent, Bank of America National Trust .&
Los Angeles. - Registrar,, California Trust
Co.,
SALE
OF
ADDITIONAL
Douglas
Oil
Coi
-
p.
or
stock;
is entitled to
share per annum,
redeemable by company at any
$1.31V4
Transfer
-
cumulative
(v.
preferred
entitled
liquidation
accrued
at
first
rate
1,
offering
par)
convertible
of
the
Jan.
on
Sept.
involuntary
share
share
at
dividends
the
is
stock
common
each
dividends
plus
erence
stock
the
($25
follows:
They
Co.
Inc..
fund
$1.09
August—
convertible
prices
sinking
this
was
of
expansion program described
the 12 months ended June
Month
other
100.449; Halsey, Stuart &
Dillon, Read & Co. Inc., 100.0599.
are
redeemable at the'option of
company on 30 days'
ranging from 104.13% on or before
Aug. 31, 1948,
par for redemptions
made after Sept.
1, 1977.
The bonds
redeemable through the
improvement or
and
$5,903,553
278,744
307,215 outstand. shares
Sales
sale
Corp.,
1946
335,351
,
first
time
Three
.1947
$7,061,259
,
both
Diana Stores
charaes
'
Sept. 9 on a bid of 100.5779.
2%%
coupon, were received at
cost.—
such
—
j
,,
of $13,733,142 and
earnings applicable
949, equal to $2.34 per share.—V. 164,
shares
reserves
deferred
on
ended June of
plant
sup¬
(secured
*
,
share
per
company's
bonds
at
500,000
250,000
Secu-
1947
normal
of
of
F
preferred
issued
awarded
Boston
Co.__
Co
and
the
The
hand, $510,613; accounts
receivable
$7,766), $430,927; crude oil, $247merchandise, $702,076; materials and
stock), $33,250; fixed assets
depreciation $4,151,116),
$3,423,106;
$5,741,619.
naming
rities
&
G.
1,000,000
1,000,000
Co._ 2,725,000.
and
reflected
application
268,483
on
capital
was
Staats
Webster
periods, the figures are after all charges including Federal,
foreign taxes, and are after preferred dividends of
$53,125
half of
1946 and debenture interest of
$71,900 for the
months
in
accounts
receivable—from
&
Swiss
earnings after charges and taxes
state
71,265
Detroit Edison Co.—Bonds
Offered—A syndicate head¬
ed by Coffin &
Burr, Inc., and Spencer Trask & Co.
on
Sept. 11 offered $60,000,000 general
refunding mortgage
bonds, series I, 2%% due 1982, at 101
Vs% and accrued
interest.
each
Stone
income
JCharged
Earnings
LIABILITIES—Accounts
payable—trade, $476,970; accrued liabilities
$484,801; portion of long-term debt
maturing within one year, $150,000*
long-term debt, $300,000; common stock
$8 par
(less 65,830
treasury
shares), $2,147,862; capital
surplus, $329,085; earned surplus (since
Jan.
1, 1936), $1,852,902; total,
$5,741,619—V. 165, p. 2664.
The
William R.
Starkweather
—_
75,000
$1.93
and
cost
series
sales
♦Net
63,396
#
bids,
500,000
Singer, Deane & Scribner
500,000
Smith, Barney & Co
2,725,000
Dewey & Almy Chemical
Co.—Earnings—
46,801
268,483
SHEET
750,000
1,000,000
1,000,000
income
♦For
share-
BALANCE
&
250,000
6 Months Ended June
30—
Net
75,000
outstanding
common
1,750,000
Gardner—
provision for Federal
V. 166, p. 853.
200,570
taxes
i
shares
of
those
six
profit
Co.
retire¬
reduction
$518,742
inc.
&
Co
retire¬
ments.
144,952
19,041
rents
State
Reinholdt
employes'
attributable
82,152
122,446
Surrendered leaseholds &
non-prod.
developments
&
&
♦Restated,
tlncluding current appropriations to retirement (depre¬
ciation) reserve, accruals for all taxes
other than income
taxes, and
provision during 1945 for accelerated
depreciation and postwar adjust¬
$614,593
14,539
.
Fed.
1,750,000
Pressprich
15,332
$572,886
250,000
Curtis
W.
0f appropriation to employes'
fund for past services
000,000
39,318
13,123
$1,033,143
8,203
Income
charges
Depletion
Depreciation
for
1,750,000
appropriation
fund
§Portion
$559,943
52,727
2,725,000
Chas. W. Scranton & Co.
Federal
on
funded
loss from sales
ment
1,966,385
184,376
25,404
(net)
Other
Prov.
Co
corporate
ment
$2,710,705
$993,045
Undeveloped leasehold
&
R.
fPortion
,
pp.
2,218,244
the
follows:
2,725,000
2,725,000
Additional:
the
$2,930,208
and
as
Brothers
Putnam
Corp. 2,000,000
Interest
Net
1945
204,928
est.
are
Co._
&
Peabody &
for
of
entire
1,750,000
Morgan Stanley & Co.__ 2,725,000
F. S. Moseley & C0.1
1,750,000
Pa'ne, Webber, Jackson
250,000
&
State
the
Co._
&
Co
Hutton
the
state
underwriter
;__
shares
166,
Bad
Port
Fenner & Beane.l
750,000
&
within
that
McDonald-Moore & Co,_
Lynch, Pierce,
1,000,000
Gross
the
company's
purposes.—V.
the
of
of
Balance, income from utility operations—.—
$16,138,816 $14,100,083
Other income
Proceeds
debentures
(to be
i
Total
Lehman
500,000
Co,—
Prov.
public
on
Cities
Cities
H<gginson Corp..
250,000
B. Hilliard & Son—
E.
for
revenue
the
the
...
principal
250,000
Dominick__
&
located
earnings from utility operations.;
tOperating and maintenance charges
amend¬
Unsubscribed
1947
expenses
in
Gross
underwriter.
advances
construction
If
supplied by
stockholders
ter¬
in
Merrill
750,000
Co
Michigan
Kidder,
or
14,694
operating
100.113;
*"—
received
until
business
in
within
Lee
The Illinois
Company-.—
Co.—Earnings—
1941
$4'7"'"3
23^661
IIIIIIIlIIII
be
stock.
held.
sales
Earnings
June 30' '47 June 30- '41
capital
Oil
&
Hayden, Stone
J. J.
30,147,157
3,865,619
1,754,146
statement
be
shares
the
Income
Net
125,000
assets
LIABILITIES—
Current liabilities
Long-term indebtedness
Reserves for
contingencies
Capital stock and
surplus
Working
"r&OOO
753,619
now
$963 766
■
share
ISdC°St'
Total
G947"esr.)II
contingencies.
surplus
per common
preferred
Current
for
to
common
through
from
Operating profit
Miscell.
Other
236;
Special
be
five
publicly
and
subsidiaries
-
M3'MW0°
bids
will
and
energy
approximately
notice.
heating
12 Months Ended June 30—
common
to
,
of
947.
Corp.—Semi-Annual Report—
Ended June 30—
each
or
stock
par)
underwriter
offered
effective
written
total
selling
extensive
electric
bonds underwritten
Harris,
431,309
registration
sales
Common
Cooper-Bessemer
for
(no
the
be
a
Months Ended June 30—
Cost
increase
($10
number
operating
Sell.,
the-
expressed
of
filed
758.
Net
68,856
by
share
privately
sale
Derby
opinion
parent copipany.
was
par),
an
from
company
board
preferred,
approving Consolidated's
of the proposal of the
falrpess
Gas
shares
Consolidated
of
Net
bondholders."
of
of
will
privately)? will
three
effect
holdings
one
4
shares
name
shares
sold
the
948,
representatives,
qf
43,610
the
The
of
from
each
Utility Corp., parent of Consolidated,
a
reorganization
which,
in the Judgment of its
"should accord no
participation to any security holders
Public other than its Income
made
be
may
the
share
held, and holders of 744 shares issued in
December,
1945,
through bond conversion, would receive 5
shares for each share held.
Following the
is
Sept.
on
is
business
each
the
1,000,000
Co,
&
of
of
Harriman Ripley & Co._
2,725,000
Hall & Co., Inc. 1,750,000
Hayden, Miller & Co.—
750,000
1946
$4,594,391
(MST)
company
ment.
114,119
for
First
for
covering
sale
the
of
for
now
the
York
a
exceptions).
is
,
2,725,000
Sons___
&
Eastman, Dillon
Derby Gas & Electric
Corp.—Registers with SEC—
The
all
Invitations
minor
of
are
SUMMARY OF EARNINGS
issued
(with
in
all
Detroit
500,000
Company
Dominick
Sept. 25 at its office, 201 Rio Grande
Bldg., Den$2,220,000 of equipment trust
certificates. The certifi-.
cates will be dated Nov.
1, 1947, and are to mature
semi-annually from
May 1, 1948, to Nov. 1, 1962.—V.
166, p. 853.
.
common
noon
Colo.,
ver,
^
of
has
company
before
.
Consolidated Electric & Gas Co.—SEC
Approves Plan
The SEC on
by Consolidated
held by it.
Holders
income
and
contract
gas
250,000
Day & Co
Equipment Issue—
Consolidated Edison Co. of New York,
Inc.—Output—
company
L.
&
Estabrook
31,161,575
6,447,771
3,675,339
of
New
with
utility
which
steam
a
2,737,000
Dodge & Co,
W.
from
Net
only
the
Detroit
Co.
delivers
name
Co
Clark
W.
R.
from
railway
railway.
railway operating
Net
miles
is
Michigan
company
Bennett, Smith
Alex.
1946
1,047,018
558,419
lailway—
Net railway
operating income
.•
From January 1—
Outstanding
in
square
of
months'
a
organized
was
City
$2,738,000
Clark,
$4,669,533
1947
PRESENT FINANCING
7,587
The
City
amounts
Burr, Inc
& Co.__
William Blair & Co.____
Blyth & Co., Inc
RR.—Earnings—
from
of
of
and
company
plants.
Graham, Parsons
railway
in
50,840
Power
12
the
such
Spencer Trask
•
$9,174,000
*580,000
1947
from
Company
$48,200,000.
35,000,000
50,000,000
60,000,000
Pontiac,
upon
the
PURCHASERS—The
*
___
*»»Y. 165, p. 335.
The
'
TO
cdmpany
the
power.
Vassar,
respective principal
Crouse
682,000
335.
July—
Gross
Net
declared.
common
p.
Denver & Rio Grande Western
216,000
445,199
charges.
dividends-
dividends
,
165,
of
the
Michigan
$2,197,816
980,767
expenses-
in
conducts
of
and
Cray, McFawn
$12,526,000
City
also
section
Lapeer
output
564.
1947
1947.
additions
nished
&
Subs.)—Earnings—
Months Ended June 30—
Sales
30,
about
Marysville, Marine City, New Baltimore and
St.
Clair, and
villages and townships adjacent
thereto.
Water
service
is
fur¬
in
the City of Vassar.
All
electric, steam and gas plants
water
works
of
in
The
six-month
p.
June
property
will be
$200,000,000 $139,897,760
Huron,
6
1947
$2,253,451
Other
(&
166,
at
for
BUSINESS—Company
E.
17.—V.
that
increase
in compliance with the restrictions
imposed by
indenture of mortgage and the
indentures supple¬
the
party
Axe,
pur¬
principal amount of bonds which may be
issued
of mortgage is not
limited, but additional bonds
company
downtown
McDonald, President, announces that the
company is operating
capacity with bookings running into 1948.
usual quarterly dividend of 5
cents per share has been
declared
payable Oct.
loans)
only
kilowatts of
minated by either
peak
The
construction
con¬
par)
45,000
The
net
about
and
EFFECT
territory in the State
Company sell to Consumers
Manufacturing Co.—Operating at Capacity—
G.
bank
expend
applied towards costs of
application the balance will
certificates
AND
requirement
of
share
for
repay
to
expenditures
power
$19,041,000 with net profit of $995,000,
1947 sales were
$13,076,000 with net
earnings were equivalent to
approximately
preferred
per
will
indenture
issued
HISTORY
the
Becker
it
bonds
b£
w.ll
in January 1903.
Serving an area
population estimated at
2,945,400,
electric lighting and
to
months
used
proceeds
total
thereto.
Coffin
of
$12,000,000
net
aggregate
terms
and
for
$46
than
more
periods, respectively.
Commonwealth & Southern
its
scrip
the
mental
registration statement
series, 4Vi%
cumulative,
family group, also
a
used
■
1947
the
and
be
may
Ind.—Registers
common
is
Sales
947.
of
be
additions.
during
of
Authorized
♦The
stated
a
Inc.
207,142,000
1-
16—
166,
1946
210,096,000
210,149,000
-
importane
an
company on Sept. 8 filed
21,678 shares of preferred
198,610,000
—
30
23
most
stock, first
representing the first offering of the company's stock to the
public.
The
stock is presently
outstanding and Is being sold by various
holders
to
liquidate indebtedness incurred for estate taxes.
These
a
year
ago.
Following are the kilowatt-hour output
past four weeks and percentage comparisons with 1946:
6_
be
board
Cummins Engine Co., Inc.,
Columbus,
Edison
other
to
Week Ended—
Sept
August
August
August
plant will
the
the
stock
for
under
Cudahy
will
17,
refunding mtge bonds:
Series G, 3V?%, due
Sept. 1, 1966
Series H, 3%, due Dec.
1, 1970
Series I, 2%%, due Sept.
1, 1982
region, comprises facilities for
hogs. The plant will start oper¬
the
property
that
proceeds
(including the bond proceeds)
♦General
Machlin
the
of
one
Nov.
of
current
net
adjacent
Co.—Weekly Output—
6,
and
that
1948
Held
the
of
$60,046,740)
'
,
in 1948.
Pending such
company's cash which was $4,435,000
Capital
Sept. 15.
of
(estimated
.
.
about
or
CAPITALIZATION GIVING
coast
and
on
Chairman
Machlin
purchase
1935
on
estimates
the
(including
expects
1947—35 Wks.—1946
week
the
of
the
in
finance
of
balance of
and
1947—11 Mos.—1946
system
of packing
establishments in the western section
country.
Other Cudahy packing plants in the West
are
at
Los Angeles and San
Diego, California, Salt Lake City, Utah and
Phoenix, Arizona. .The
Phoenix
plant,
formerly operated by
the
Tovrea
Packing Co., was acquired by the
Cudahy concern in May
of this year.—V.
166, p. 464.
$14,088,248 $12,622,205 $,105,497,263 $79,589,539
excluding sales
1947, showed
companies,
Sept.
sponding
Cudahy,
owner
The
ended
the
the
for
totals
built
.
105
struction
Calif.
establishment,
new
the
to
company
poses
20 Pine Street,
company's
of
756.
Electricity output of the Commonwealth
Y.),
$1,247,454 $13,626,656 $13,354,449
announced
9
packing plants in t.he
cattle, calves, sheep,
A.
that
company
announces
that its
production for the four weeks
Sept. 1, 1947 amounted to 349,537 barrels, which compares with
459,338 barrels for the five weeks ended Aug. 4, 1947 and 364,997
barrels for the four weeks ended June 30,
1947.—:V. 166, p. 665.
week
Fresno,
at
Machlin
modern
The
ciated
Co.
Sept.
on
ations under the
Commonwealth Edison
bonds will be received
(N.
853.
p.
1947—Month—1946
processing
ended
„
company
Packing
S.
p.
The
Cudahy Packing Co.—Buys Packing Plant—
Colon Development Co., Ltd.—Production—
166,
166,
proceeds
...
.
$17,200,000
166, p. 564.
The
1947—5 Wks.—1946
23.—V.
$1,203,315
—V.
Co.—Shares Removed
Colonial Stores, Inc.—Current Sales Rose
Sept.
Sales
166, p. 564.
Period End. Aug. 30—
S&Igs
(EDT)
noon
net
redeem at
1947, $30,000,000 general
refunding mortgage bonds, series F, 4%, due Oct.
1, 1965, $31,500,000;
(b) To repay moneys borrowed
for
construction
purposes
from banks
on
90-day notes, $12,000,000;
(c)
the
balance
665.
p.
To
and
Crown Drug Co.—August Sales Declined
3.5%—
each
notes
12
Aug.-31, 1948 and-Aug. 31, 4949, and at
descending
redemptions made up to Sept. 1, 1977, after
which
they
without premium.
redeemed
follows:
(a)
the
of
for
offered
be
between
for
be
PURPOSE—The
under-
in
tion Sept. 4.—V.
-v-V;
will
.
Corp.
before
preferred
series A 4% preferred stock (cumulative, $25
July, last, by Dean Witter & Co., at $26 per share,
shares have been sold and 16,000 were removed from registra¬
offered
49,000
101.11%
prices
(
$2,777,082 $18,746,027 $19,789,407
Bids for the purchase of $25,000,000 1st
mtge.
office of Commonwealth & Southern
at
the
with
second
the 65,000 shares of
Of
$2,187,806
1947—8 Mos.—1946
proceeds
Registration—
par),
-1-
166, p. 665.
665.
p.
Coast Counties Gas
from
cumulative
Unsubscribed
used
be
working capital.—V.
be
held.
statement
par)
Leman
and
basis
tne
on
common
registration
a
($100
& Co.
shares
of
filed
4
shares
Sachs
Sept.
shares
Sept.
on
112,974
Goldman,
record
1947—Month—1946
Monday, September 15, 1947
Consumers Power Co.—Bids Invited—-
Cluett, Peabody & Co., Inc.—Registers with SEC—
The
SEC
31—
facturing Corp. above.—V. 166,
new^ auto¬
V.
65,
President,
Dietz,
O.
2543.
».
CHRONICLE
Consolidated Vultee Aircraft Corp.—To Transfer NonAviation Properties to New Concern.—See Avco Manu¬
Fire
and.
FINANCIAL
as
inKtr,kon ot Executive Vice-President has been newly created in
Service
organization in anticipation of an expansion in busi^ volume whi?hg will
wider distribution of
mobiles
&
Consolidated Retail Stores;
Inc.-^August Sales Lower
of
.Service
He was formerly Resident Vice-President and
two affiliates.
Sales
been
has
Insurance
COMMERCIAL
STOCKS—Under
of'California-entered
into
date
of
an
*
-
Sayings Asso¬
Los Angeles.
March
agreement
t
r
-
12, 1947,
with th«
"
THE
Number 4629
166
Volume
11
rather
nut
shares of 5V<% cumulative
nar) at $24 per share.
Such
500
rapidly
insufficient
expanding
pipeline
construction
«me
tw
is
(including the
of second preferred stock and
been applied
by the company
of 493
shares of stock of G.
company
the
in capital stock of
notes.
*
•
in
21,749 shs.
125 shs.
Pacific
California
of
Co.
50,000 shs.
Capital Corp
Parker
Pacific
.
Walsh
Adele
—V. 166,
:
Cost
of
sold™—
income
Admin., selling, advertising
Net
profit
1946
Earnings per
13,965
s.
and
JULY 31
(less reserve)-—
J-
$429,319
60,966
510,172
1,774,816
equipment (net)———
other items
hand
—
reserve)—
(less
and
plant
Prepaid taxes, insurance and
Patents—nominal value
Total
Int.
Federal
795,488
56,542
1
1
32,151
$2,778,253
$f?3,504
payable—trade.
60,308
61,879
731,553
31,522
35,944
1,709
389,166
taxes
($1
157,458
46,476
—-—
13,719
$1,643,815
$1,773,713
77,652
77,652
24,709
Applicable
450,000
surplus
—
1,496,698
Dresser Industries
Inc.—Quarterly Report—H. N.
Mal-
stockholders, states:
totaled
corresponding period of
than 60%.
current fiscal year
first quarter,
quarter.
continuing in¬
the impact of
nine months ending July 31, 1947,
t54.594.472 as compared to $33,339,821 in the
the company's previous fiscal year, an increase of more
Net earnings for the first nine months of our
totaled $2,386 401, divided as follows: $728,581 in the
tl,016,382 in the second quarter and $641,438 in the third
Third
quarter earnings were adversely affected by
creases in production costs,
with the company feeling
new labor rates and increased material costs.
Also, a scarcity
volume
for
the
of steel
interfered
with manufacturing operations and the shortage of
pipe and tubular goods has had the effect of delaying contemplated
drilling and expansion programs in the petroleum field.
Sales
backlog, as of July 31, stood at $48,876,000, compared to
$51,479,000 on May 31. However, new orders today are developing at
accelerating rate and our gas appliance group of companies is
looking forward to a substantial upturn of business in the fourth
ouafi,en
Similarly, our oil and gas equipment member companies
report that the necessity for long-term increases in the nation's supply
petroleum .and ^natural gas ,4»-forcing producers to do their utmost
to expand their activities.
It therefore appears that the fourth quarter
earnings of the current fiscal ^ear should exceed the results of any
has
en
previous quarter."".
past
through
many
-
have
sections of
reports
I
..JrGji'v
spbken of <* the shortage of
the Middle West and along
■
natural gas
the Eastern,
1946.—
other tharges.~-V.
all
and
166,
p.
666.
3 Months
$5,176,946
6 Months
$9,055,688
399,991
645,115
117,919
117,919
$3.39
.
per
$5.47
shares outstanding..^
during 1947," Oliver C. Henkel,
and Secretary-Treasurer, stated, "we have enjoyed the
months'
six
first
the
share
common
period
profitable operation yet experienced by the company and, if the
pace is maintained for the
balance of the year, there will
the best earnings for any year in the company's history."—
166,
465.
p.
two
E. U. A. as above—
headed
taxes and interest—-———
———,————
from
Dividends
•
---
INCOME' (HOLDING-
July 31—
subs
.
Dividends from Fall River
$1,903,720
1946
53,836
47,811
100,014
92,061
15,794
dividends
Common dividends paid and/or
Convertible dividends paid
declared.
,
17,268
$1,494,503
1,439,863
Net
'sales
Machine Corp.—Earnings— , . ?, i
FOR SIX MONTHS ENDED JUNE 30, 1947
—
sales, incl. deprec.
Selling,
admin.
& general
—****
•*—
-
—
Cost of
and obsolescence.—
exps.,
-
incl. deprec. and
obsol.—
Profit
from
operations
-
income
Other
——
Profit
Provision
Profit
transferred to earned
♦Earnings per
♦On
*
class A and
at
of
cost
or
for
reserve
(less
.
stock,
on
$2,552,005; marketable
$4,496; trade accounts
$178,293), $2,656,415; expenditures for tool®
charges to be billed to customers), $10,149;,
contractors, $145,585; inventories at lower of,
$3,628,126; investments and other assets,
at cost (less depletion), $2,538,607; property,
used in operations (less reserves for depreciation,
and not used in operations, $1,135; patents and*
timberlands,
(less
reserve
amortization, $28,818), $109,183;
$14,729,136.
for
$236,785; total
deferred'
payroll*
taxes
$1,158,324,
portion of long-term
contracts maturing prior
to July_1, 1948, $44,613;
capital stock
surplus, $5,-
indebtedness, $3,674,188; reserves, $480,168;
$1,220,953; capital surplus, $1,351,729; earned
233,979; total, $14,729,136.—V. 166, p. 53.
long-term
($5
par),
Fairchild Camera &
6 Months
Net
profit
Earnings
cents per share,
option, was paid.
31, 1947, equiva¬
compared with
equivalent to $14.85 a share on 115,592
Instrument Corp.
EndedjJune 30—
sales
Net
A like amount was paid
March 25, June 25 and.
'*
hand and on deposit,
of Canada bonds), at cost,
LIABILITIES—Notes payable to • Prudential Insurance Co.—portion,
due
prior to July 1,
1948, $233,333; other notes payable, $12,573;
trade accts. payable, $438,161; divs. payable, $2; payrolls &
taxes
$507,241; misc. accts, payable, $66,566; accr. royalties, taxes,
commissions and other expenses, $193,551; foreign & State
on
income
(est.). $113,753; Federal taxes on income (est.),
1946, while on Dec. 24 a dividend of 15
plus 50 cents in cash or in stock, at holder's
Net assets of the Fund totaled $1,757,424 on Aug.
lent to $15.09 a share on 116,484 outstanding shares,
#
I
to logging
cost or market,
licenses
charges,
Howard Stock Fund—10-Cent Dividend, Etc.
trustees have declared a dividend of 10 cents per share, payable
166, p. 53.
in 1945 and $5,594,062 in 1944.
SHEET, JUNE 30, 1947
(less reserves,
and all other
plant and equipment
$687,526), $2,602,176;
Eaton &
! $1,716,035 on June 30, 1947,
L shares then outstanding;—V.
$182,021
$0.75
sold amounting to $10,181,363, In
$5,657,641 In 1946, $8,343,352
shares (par $5),
$244,474;
without par vialue (57,>249 elass A
and outstanding), $2,456,808,
earned surplus
$3 184,585; treasury stock (18,150 shares of class B
common stock, at cos"),' 0*69,155; total, $9,464,642.-V. 160, p. 1399.
of record Sept. 15.
25, last, and on
59,000
$247,177
$1.01
$67,952
$0,28
$799,359
$3.27
cost of products
371,270
288,000
share
com.
deducting
dies
and
inventories,
729,000
68,300
734,000
244,190
average
,
25
per
advances
inventories., $617,216; common stock
shares and 461,375 class B shares issued
Sept.
200,000
conting._
ASSETS—Cash
™"LIABILITIES^Accounts payable, $1,221,177; accruecl wages204 141;
taxes, $261,186; other accrued liabilities, $202 490
reimgotiation refund (net) for 1945, $200,504; provision for estimated Federal
taxes on income, $1,185,688; reserves for contingencies, advertising and
Sept. 25 to shareholders
on
March 25
and June
etc.,
receivable
accrued
The
39,323
Cr32,324
CONSOLIDATED BALANCE
with New York State W,°.L
$9.464.642,
Cr31,768
profit-
Net
JOn
$39,698; properties, a^cost
depreciation, obsolescence and amortization, $3,045,302),
goodwill, patents and trademarks, $1; deferred charges,
$1,990,373;
$61,711; total,
107,985
re-
securities (Dominion
contingent reserve for
securities deposited
$212,469
360,980
earned-
postwar
for
1947,
o'hco
J,7b.s
JUNE 30, 1947
Board, at cost,
comm.
♦After
and on hand,
market
$62,000), $4,063,276;
men'3 Compensation
$1,894,339
t
etc
——*
of plant and
habil.,
$1,755,525; U. S. Govt, securi¬
cost plus accrued interest, $19,650; accounts receivable (less
for doubtful accounts, $41,056), $1,514,408; inventories, at the
reserve
$873,145
60,854
81,154
$1,310,559
78,706
income
Prov.
$1,170,075
class B common
$833,822
—--
State and foreign
taxes (est.)—
Fed.,
—-———
combined outstanding
1,068,416
$1,269,322
41,237
equipment
'Soc'™!
835,000
—-—
—
surplus——
share.
1,059,301
$131,315
income
Inter-co.
$1,988,517
50,320
———
BALANCE SHEET,
lower
—
1,120,475
$1,832,749
61,590
Loss on sale
,■
———:
1,173,093
income
Other
$16,012,063
12,793,066
1,230,480
other
paid
$7,902,238
profit
Operating
—
charges-;
for estimated Federal income taxes
future decline in inventory prices.—,
before
1944
$2,328,623
expenses
Total
EARNINGS
,
1945
$1,251,791
1947
profit
♦Gross
Selling,
Interest,
,
1946
$3,005,842
30—
on salesadmin, and eng.
6 Mos. End. June
166, p. 758.
Easy Washing
Products Co. (& Subs.)—Earnings—
Evans
$1,701,965
1,714,123
157,911
for
plan
232,368
$1,651,643
—
Balance
Horowitz
$1,419,275
263,350
taxes)
income
ONLY)
$1,871,609
——
(incl.
$1,746,580
$1,636,932.
ASSOCIATION
1947
•—
$1,608,259
El. Light Co.—
Total
Taxes
157,140
169,644
—
by
offered
was
The
232,368
$1,806,576
—
the
by
is a revision of a proposal submitted by a group
Manufacturers Trust Co. and Wertheim & Co. The
plans
President of Thompson-Starrett
$1,671,352
263,350
the
a group headed
by Louis J. Horowitz, TOrmer
Co., which built the Equitable Building.
provides for leaving the existing mortgage of
$15,430,000 undisturbed, a bank loan of $2,000,000 and a new common
stock offer to present stockholders on a share-for-share basis at $2.50
a
share.
The underwriting group includes Carl M. Loeb, Rhoades &
Co., Louis J. Horowitz, Louis W. Abruns and Central National Corpo¬
ration and John Van Neck.
Present stockholders would also receive
one-fifth of a share free and the underwriters would have the option
of buying 60,000 shares at $2.50 a share.
Tha#. compromise plan calls for a new first mortgage of $14,750,000,
a
bante loan of $2,250,000- and a new stock issue tor pm«ik, stocks
holders at the rate* of one* and one-fifth shares at $3i a*, share for
each? old share, plusv
free new share for each five nom held;
Thounderwriters would receive 45,000 new shares free.—V. 166, p. 854.
other
$1,543,226
will be submitted to the stock¬
both plans
or
one
for approval.
of
One
$1,671,352
—
whether
on
holders
$1,543,226
plans for the refinancing of the corporation were sub¬
Federal Judge John C. Knox Sept. 10 to the SEC.
Judge
that if SEC approval Is received by Sept. 12 he will rule
new
by
said
Knox
then
22,937
——
_
ASSETS—Cash in banks
ion, President, in his letter to
In
minority interest—
to
STATEMENT OF
ties,
Sales
12
$3,353,921
758.
of
1947—6 Mos.—1946
$2,095,649 $1,336,815
1,230,500
1,237,500
$1.70
$1.08
1947—3 Mos.—1946
$1,074,141
$845,531
1,230,500
1,237,500
$0.87
$0.68
outstanding
common
mitted
Utilities
Prov. for
450,000
2,213,249
week
Equitable Office Building Corp.- -Court Submits Plans
23,084
$100,174
>$98,583
div. deductions, B. V. G, & E. Co
—
—
Preferred
Interest
568,781
—
par)
Total
166, p.
V.
425,942
deductions
110,709
83,183
—
$4,268,721
stock
result
741,679
Balance
207,621
credit balances
income
of
JEarns.
$324,430
112,500
corresponding
the
earnings
$2,964,418
accrls.
_
$3,353,921
$4,268,722
and other expenses
excise and withholding taxes
General,
906,210
over
—
most
342,625
amortization—
406,165
"
wages
Common
-V.
—<-
479,885
$198,115
—
reserve
and
Miscel.
140,075
payable
Customers'
Earned
—
-
LIABILITIES-^
Accrued
•
40,716
(net)
Input—
to SEC-
—V.
1946
on
Corp^—Earnings—
Vice-President
$1,049,440
1,389,312
104,135
on
Treasury Notes—.——
and notes receivable
Accounts
Dividend
$1.34
—
share
Accounts
Property,
450,000
an
to
profit
"For
$2,621,793
$2,298,368
$165,964
$606,304
1947.rt
banks
Inventories
468,878
$1.81
outstanding—-.
common
No.
1947—12 Mos.—1946
425,489
450,000
BALANCE SHEET,
U.
revenues—_
Interest :
.
Net
Earnings
$192,016
Retirem't
$1,500,671
501,794
tax
ASSETS—
Cash in
129,731
$151,300
—
Balance
$1,486,705
Unit—
1947, the System inputs of subsidiaries
to 69,971,000
kwh„ an increase of
Period Ended June 30,1947—
Sales
Associates:
529,039
service & gen. exp.
.i.
shares
Common
taxes)
income
Balance
Eastern
$818,716
income
Federal
for
44,358
oper.
reflect
Empire Steel Corp.—Earnings—
$981,247 $13,587,128 $12,299,562
636,664
8,759,614
7,235,752
45,460
528,764
610,704
133,159
2,000,382
1,831,313
733,667
inc.
4,
34.8%,
or
_____
taxes
♦After
(& Subs.)—Earnings—
$1,059,056
revenues
(incl.
Montreal
amounted
Earnings per com. share
amortization
and
1947—Month—1946
Earnings of subs, applic. to
Non-subsidiary
income
$1,849,550
Prov.
depreciation
for
12 Months Ended
profit
Miscellaneous
10,240
profit
Com. shares
250,000
___
Applicable to E. U. A
6,600
36,000
6,600
$1,830,941
18,609
3,552
♦Net
$2,386,401 ♦$1,049,973
—
Non-oper.
$7,160,303:; $S;033,204
3.546,499
5,329,363,
—
products
Gross
33,586
034,664
——^
Maintenance
10,500
9,300
1947'.
Ended July
—
218,094
—„
(net)
years
Period End. July 31—
Total
sales-
prior
taxes—
contingencies..
ended Sept.
Period End. June 30—
and $707,367, respectively, for the nine
Expenses,
9 Months
12,559
1,638,465
surtax———-i—-
Eastern Utilities Associates
Net
not
*
15,744
income
State
week
corporation
Electrolux
89,496
126,100
_
Corp.—Earnlngs-
Divco
Ifet
and
the
this
18,073,000 kwh.,
V. 166, p. 948.
283,288
758.
p.
Dr$999,320
amounted to
months ended July 31,
and the nine months ended July 31, 1946.—V. 165, p. 3283.
Taxes
non-stop
new
a
Electric Power & Light Co.—Weekly
♦Loss.
Operating
do
Br$716,032
Common
1,750
1,550
..
/
profit
Operation
set
4
For
of
$4,415,632
—_.
NOTE—Provision
1947,
period
Royce Ltd., of Derby, England.—V. 166, P. 53.
141,821
deductions...
Federal normal tax
$869,381
1947
London commercial flight
record at 10& hours, John Jay Hopkins, Chairman of Canadair and
President of Electric Boat Co., announced on Sept, 9.
The new plane
is the latest development of the DC4M transports presently operated
by Trans-Canada Airlines over the North Atlantic route between Lon¬
don
and
Montreal.
It is being produced at
the Montreal plant of
Canadair at the rate of six a month.
Engines are supplied by Rolls-
,
Net
the
Limited, aircraft subsidiary, is in full production of
DC4M transport known as the "Canadair Four" which,
improved
Sept.
27,469,335
6,869,806
-
$4,273,811
*
expense-
for
for
Canadair
new
1946
41,684,844
8,635,817
___
Adjustment for
figures
Electric Boat Co.—Operations of Aircraft
And they are
1947
income
Provision
above
and into
swamps,
NINE MONTHS
profit-
and
Nil
$1.51
outstanding—^
$54,594,472 $33,339,821
Income
Canadian
$34,261
shares~~of~"class"A
405,000
on
Cr252,884
$659,014
——
the
operations of E'dison-Splitdorf Corp., an unconsolidated subsidiary of
which the company owns 90.4%, which had
a net loss for the six
months 01 $47,621 after an estimated carry-back tax credit of $90,000,
—V. 166, p. 948.
31
i
sold——.
goods
Miscellaneous
in California
1,100
6,000
1,100
'
-—-—
& Co..
of
Interest
817,921 shs.
—Number of Shares—
—
—
—
Co
&
Brush, Slocumb
sales
Total
1st Pfd.
Cruttenden
JULY
'565A74
L—
^
♦218,623
♦Loss,
that has never been
into
•
•
,
,
Operating
1947, the company en¬
tered into an
agreement with the underwriters for the purchase by
the underwriters of 11,500 shares of first preferred stock at $24 per
share.
Such
shares
of first preferred stock
were acquired by the
underwriters for the purpose of resale and are the shares now offered.
At the same time the company entered into an agreement with the
underwriters for the purchase by the underwriters for investment of
€9,000 shares of common stock at $1.50 per share.
The names of
the several underwriters and the number of shares of first preferred
stock and common stock, respectively, issued and sold to the respective
underwriters on March 26, 1947, are as follows:
-
the mountains,
going into
are
stock
NOTE—The
activity in
period.
Major oil companies, small
individual wildcatters are going to
°vcr this country to a degree
They
B
1 224 488
taxes.
...
1946
$8,843,983
$13,845,762
_—
charges—
share
per
and
be anticipated
forerunner of what may
and
profit
Earns,
the immediate future and for some years to come.
Other
of March 12,
UNDERWRITERS—Under date
a
five-year
income
Net
11,500 shs.
*
,
next
companies
expanded
the
Selling, engrg., gen. and admin, exps.—
the name of
Krieger Oil Co. of California, but effective Nov. 22, 1946, name was
changed to its present title.
Company is engaged in the business of
producing, purchasing, refining and marketing crude oil, gasoline,
kerosene, stove oil, diesel oil, fuel oil and road oil, asphalt, natural
gas and other petroleum products,? and
exploring, acquiring interests
in and developing prospective and proven oil and gas lands.
It also
wholesales lubricating oils, greases, tires, batteries and other auto¬
mobile accessories.
It is the general policy of the company not only
to maintain
its existing refining and marketing facilities but also
to acquire from time to time additional facilities of that character.
1946.
17,
Jan.
on
oil
that
fact
the
is only
1947
the
least
to
CONSOLIDATED INCOME STATEMENT,
132 shs.
_____
,
point
(& Wholly-Owned Subs.)-—
1947
—
—
after
income
Federal
have
and
more difficult circumstances, adaptable
to a wide variety of physical
conditions.
Dresser has anticipated this demand.
Dresser has engi¬
neered and is building and
marketing such equipment.
We believe
tnat the outcome will bea continuing high sales volume and earnings
Cost
BUSINESS—Company was organized
It was originally incorporated under
AND
HISTORY
•
-
Sales
Net
sufficient to meet this new and higher
r.f,i/™ters' *n an effort to locate new fields.
Net
—.—_——,
(auth. 2,000,000 shs., par $1)_
stock
(Thomas A.) Edison, Inc.
Six Months Ended June 30—
facilities
transportation
1947—8 Mcs.—1946
$5'460'980 $5,420,786 $44,158,808 $42,125,166
~p~~665
166
Inc.—August Sales-
1947—Month—1946
Earnings—
picture
Even if transportation facilities
ENDED
.
the
drilling deeper than ever before in fields already producing.
All this will require equipment capable of operation under
NOTE—Subsequent to March 31, 1947, notes for a bank loan were
executed by G. H. Cherry, Inc., in the amount of $325,000 and by
Five C Refining Co. in the amount of $175,000 secured by mortgages
on leasehold interests and personal property in
the Santa Maria area.
Payable in equal monthly instalments and maturing five years from
date of
at
lu»V°r
equalled.
subsidiaries:
$10).
par
oil supply
crude
a
direction in
ver
_T
(auth. 11,500 shs., par $25)„
pfd. stock (auth. 50,000 shs.,
2nd
cum.* conv.
5%
Common
of
naependent
10,500
5,000
,
products,
^
occurred^ primarily 'because
5^ _,indications
tms
$500,000
1st pfd. stock
cum.
petroleum
°L °Peration can be gained only by an accelerated program of
TL,
G. H.
5V4%
has
20,826
Cherry, Inc., cap. stock (authorized 1,000 shs.)
(no par)
—;
——-—L
Five C Refining Co.:
Class B capital stock
(auth. 30,000 shs., par $1)__
Class C capital stock (auth. 125 shs., $100 par).__
other
and
exploration and drilling for new sources of crude oil.
Note
Minority interests
oil
consumption of these products has far exceeded all pre¬
expectations.
The current gasoline stringency
in the Middle
assurance
MARCH 31, 1947
mortgages)
—V
expanded to the extent indicated by today's potential markets,
the company from the sale
together with other funds
net proceeds of sale of 50,000 shares
69,000 shares of common stock) have
to the purchase from G. H. Cherry
H. Cherry, Inc. (out of 625 shares
payable to bank (payable in monthly instalments
of $8,333 to March 12,
1952)
:
Notes secured by deed of trust on certain real estate at
Clearwater, Calif.
—.v
1
>
:—Unsecured note pay. to stockholder, due Nov. 15, 1948
Purchase and
other obligations (secured by chattel
fuel
31—
more
by
complicated.
more
west
j.
OUTSTANDING AS OP
CAPITALIZATION
far
gasoline,
?^nJ"adequate t0 meet dema"d.
snouia be
for the aggregate price of $987,500.
presently outstanding)
and
systems
profiting
are
Postwar
the purpose stated below.
PURPOSE—The net proceeds received by
the first preferred stock now offered,
of
for
vious
the company sold and issued the securities
the several purchase agreements above mentioned,
of first preferred stock now offered are issued and
outstanding shares owned by the several underwriters, and the pro¬
ceeds received
by the company from the sale of such securities,
Including the first preferred stock, have been applied by the company
to
distribution
companies
help gas companies and industrial plants meet peak demands.
As
nrovided for in
and the shares
of
Edison Bros. Stores,
Period End. Aug.
? lines—in furnishing gas appliances and in providing facilities
k
tnat
share.
26, 1947,
March
larger
programs,
Dresser
In the field
reserves
gas
these develop¬
ments by supplying equipment for the wells, compressor stations along
thP
$10.75 per
facilities.
storage
lack of
no
CHRONICLE
line capacity to carry the gas to the
This
is being corrected
by intensive
pipe
markets.
™>re
On
FINANCIAL
&
seaboard, explaining that there is
purchase by the underwriters of an aggregate
convertible first preferred stock
shares of first preferred stock
acquired by the underwriters for the purpose of resale and are
shares of first preferred stock which are now offered.
At the
time the company entered into an agreement with the under¬
writers for the
purchase by the underwriters for investment of an
regate of 69,000 shares of common stock
($1 par) at $1.50 per
chare
and the company also entered into agreements with other parties
for the
purchase by them for investment of an aggregate of 50,000
shares of 5'/o cumulative convertible second preferred stock ($lo par)
for the
underwriters
COMMERCIAL
——
.y.—
per
common
■Earnings—1947"
$2,561,000
73,883
$0.22
*63,572
flU
share——
♦Deficit.
Fairchild
dent
^
Rfter
ft
,
Ogsbury, Pres that operations have, therefore, returned to the profit
$98,704 net loss lor the year 1946, due largely to
Camera
announces
column
•
1946.
$3,746,000
and Instrument
Corp., James S.
10<
THE- COMMERCIAL- & FINANCIAL CHRONICLE
(1050)
reconversion
duction
resulting in low pro¬
shortages^
material
and
problems
and
UNDERWRITERS—The name
delivery, delays.
,
ua,,a
said
and" the
of
most
Ogsbury
1947—Month—1946
Sales
of
the
South
Clark
5,000
Riter
,
Si
StrCud
M.
5,000
The
5,000
A'twill
Haydett,
5,000
The
C.
Langley & Co.
Lazard
Sc
Freres
Co:—
Union
5,000
Securities
Weld
Co.—
&
Drexel
&
Clement'
3,000
Fahey
3,OOQ:
J.
—
Co. (Inc.)
Jackson &
•
B.
J.
3,000
Inc.
3,000
Johnson,
and Co. Inc—
2,500
Co:,
Central Republic Co., (Inc.)
2,500
—V..
166,
St., Chicago, III.
—$
500'
—
500
500
'—
and'
500
_——
Sept
Florida Power &
$11,511,668 $11,540,050
-
,
Ohio
Light Cos—Preferred Stock Offered
the
eight months of
first
1947
Corp. and Smith, Barney & Co; on
100,000 shares of 4%% preferred stock
($100
PURPOSE—The
net
proceeds-to» be
in
1947
and
owns
all
stock.
the
of
received
growing
served
Gas
gage*
the
by
of
demands
the
electric* and
for
oompatiy; and
securities
other
for
under which
offered
now
the company
ind1 $10,000,000
of
part
are
of
plan
general
a
for
which
received
it
in
the
All
in
into
In
agreement, dated July
agreed to purchase
an
the latter
shares
the
upon
the
of
condition
common- stock
company's
that
if
the
from
*
prior
to
Jan.
the
company
of
sum
to
due
Co,Lin
ance
cised
it
to
1948
the
19541 held
principal
its pption
the
under
consummation
upon
by John
amount
of
the
sale
Hancock- Mutual
$2,500,000.
to
agreement
of
relinquished its rights to the 100,000 shares of
covered by such agreement.
Pontiac
;V
.
1st
v
bonds,
3%%
bonds,
3%>
3«/4%
Pfd,
Common
Stock
stock
"Unlimited
2,500,00b
include
shares
100,000
TO
PRESENT,
Authorized ;
due
1974
due
1977 "Unlimited'
debs,
due
1972.-
*
maximum
mortgage
amount
to
be
but-
and' deed
tof 20,000,000' shares
shares
-
-
Light Co;
utility,
tfust'.
March
on*
initial
-
170,585
■
•
I
limited? by.
tlhcreased
37 1947".
the^
from
tDoes
4,883
488
34,904
3,283
14,663
v—.*
276
BUSINESS—Company
37,462
15,929
1,286
13,019
9,277
dividend
to
30
of
1,205,050
25
holders
Co.
Peninsula
and
made
was
record1 Sept.
June
on
Pbwer
per
Si
or
»
at
gas
service.
on
or
1,
April
1, July
30, 1957, and at
subsequent to Sept. 30,
rate of 1%. shares of
preferred stock if cohVerted
1
$50.50
1
in
share
stock
of
■' :*;
each
into
*
C6„
'
*
,**
territory served'by the" company with'electricity comprises most
territory along': the east coast of Florida, with the exception of
the? Jacksonville
and
area
electric systems are- in
around' southern
and
area,
four
operation;
an<T eastern*
portions
central
of
other
Electric service-is* rendered
lb
also
serves-
Lake-Okeechobee,
and-north
in
the
agricultural
the lower west
Florida* - *-*•» ;
central
area
estimated
•; j
Beach
are*
Miami'
(32,256),
Gas service is rendered
of
382
and
Palatka
(6,833)
and
to
a
few
customers in'
Holly Hill.
ferred
(31,461)
......
Of
12
the company's
months
residential
9.1 %
from
customers,
'
ended
total
March,
revenues
from
.
,
-
-
'
energy sales for the
43.6% was derived from
and rural
customers, 39.9%
from
commercial
customers*.
industrial customers, 7.3% from
government and municipal
and one-tenth of 1%
from public utilities;
'
12
months
ended
March, 1947,
approximately 64 7% of the
compahys total gag operating revenues was
derived from ^residential
customers, 34.4% from commercial
customers, and nine-tenths of 1% *
All gas'sold by the company is manufao
fron^ Industrial customers-.
tured in the
company s
plants. -excent
»
'
at
Pal&tk*
1
June
Co. .such
F
30} 194V.
such
subsidiaries.
These
already* made
These
in
the
advances
It
GIVING
EFFECT
amounted
TO'
in
by each
$5,591,034
150,181
,
<
$5,434,852.
1
2,749,323
3,459,692'-
JacksOh
&
"
*
So
v.
Milwaukee
H.
No) of
*'
v ■'
«-1- .*
Maynard
1
{Siisifcs
,
Wm.
R-
3,000
Slocumb
2,000
2,000
2.000
Co.—2,000'
j.
7,000
Harrison
■
or
2,000
2,000
&
First
ot Michigart Corp:_-V.2,000
McGoUrtney-Breckenridge*
•
'
.
-
,
&
-
Co.
2,000
Pacific
Northwest
Stix
Co
&
Watling
(par
NOTTT (1)—There
$20)
treasury.
are
Authorized
over:
r-,*;..r
v'rr
Georgia & Florida RR,—Earnings-—
*.
'
•
'
outstanding
stock
.
warrants
'
w
-
202,123
.
—
Ad
v
ry.
valorem
Fed.
RR.
i93>7,
Federal
Ins.
RV.
and
J
rents
facil;
J
.
6,228
?
,
ot common stock at $50 per share and
256,426 shares of
common
stock
'
Gross
Surp.
-
5,374
43,59 6
37,613
45,902
25,373
3,307
23,285
'
$10,176
$19,751*
(net Ur)__
$9,195
10,174
10,118
(ntet Dr)
w.
1,972
21,750
78,507
2,110
14,443
r
income-
oper*.
*.
11
"$2,107^
.income^—,
income
from
applic.
...
1,191'
-
»-■
'I**
—
II...
J"
"$83,755
16,578
$37,350
74,133
14,003
I.
—
1
"$50,786
7,816
$8,852
*$67 177
212
191
-1,563
1,522
*$665
int.^
$8,661
*$68 740
"$44,492
.*,..*'
Period End. Aug. 31—
?-Pvr'1fiTS; ^proX')"
loD| P* v*9«
I
$7,661
1,654
"$453
income—
to
-T
3,858
*
"Deficit;
*«
\
.
$122,091
$121,978
*
3,116
-V
ry.
Deducts,
representing the
1,239,848
7'248V
1938—_
income—^
rents
Non-oper,
None
$32,290
Unemph
of'
*
Net
misc.
—*'"—
RR.
Act
oper,
Equip,
Jt.
$26,768
*,
$1,361,939
-
*
opers.
"985,921 shs.
*
1,347,856
Taxing. Act
«
-
200)000 shs,
,
$1,460,834'
-
fr.
rev.
tax" acoruals:
*./
tr
'
181,283
J
'
1947—7 Mos.—1946
$213,573
■
;
,,
~
■■
Net
Ry.
scrip and 1,775" shares held
-
.
t
$228,891"
;,L
1947.
14.9%.
Ry.)
1947—Month—1946-
_
i
.
(Including Statesboro Northern
Period End. July 31—
Ry. "oper;- revenue—■—
Ry. oi>er. expenses—
Outstanding;
2,000,000shs.
2,000
& Co:—
r•
for the week ended Sept:
130)101)293 kwh., an increase of 16,837,016
kwh., or
the
corresponding week of 1946.—V. 166, p. 949. ;
for
pre¬
,
\
2)000
,
Lerchen
The» electric output! of
this company
FINANCING
50 000 shs.
118.25 shares reserved against
the corporation's
PRESENT
2,000
Co.——.
General Public-Utilities
Corp.—Weekly Output— '
?:
to* be
".'4
C6^.
Co)—.
m,. Daln* Si
3,009
■
&
2,000
Carter Hi
-
$67'300
*$42,970;
'•
,
1947—10 Days—1946
'
.
Burge & Kraus-—-—
Bingham; Sheldon & Co
William Blkir & Co..
Inc.-
7,000
r
3,000
3000
Co._u——
Brush
-
759j.
3,000*
C6.
&
Murch
Staats
,
3,000
Campbell,. McCarty & Go:,
7,000'
Co.—
3,000
Co.
Co
Ball;
Sullivan
p.
■
Rauscher, Pierce & Co. Inc.
•
7,000
Co;__'_—_______
166;
*•
'■
7.000
& Co._.
&
*
number
follows:
as
7^000
.
Beane
D: .Jones-
•»
The
Moseley & Cd,t_i—__. 7,000
&
1
$1,975,160
Kebbon, McCormick &
Merrill; Turben & Co:
Securities
Marks
*
.$2,147,942
underwriters- and-the
are
-
&
Weektf—___
<•
J.
-V-
C0.a^—_ ) 7,000
& Co._
3,000
of,
case
2,309,043
of- the
names
underwritten
&
Edward
to
200,000 shs.
natofas to series——
"includes
be
19,500'
Bosworth,
is
case
4.40% pfd*. stock (cum., par $50, conv.)
Pfd; stock (cum,, par $50) not
desig-
1
$3,290,615
7,000
of
case
$300,000; and'in the*
stock
$2,524,194
—^
Langley & Cb.-J—i.
Higginson Corpr.=—
S".
programs,
'
Common
$4,897,265
The 1 Wisconsin
advances* of
CAPITALIZATION
"
$5,599,658
White, Weld &
:
*
Fbre'thfe
by
204,883.
Webber,
ner
facilities and
the
$5,102,149
165,147
"*':' >rVv*No; cf
Shields
$2,220 000* as
Ohio Associated- TelephoneCo; suoh
of Illinois Commercial
Telephone
$475,000; have been-subordinated to bank loans
madfe by those companies.
This pattern will
probably be* followed in
the -case of some of the other
subsidiaries, The corporation may
apply
part of the net proceeds from the sale 0f the new
preferred stock in
making such additions investments in common stook
equities of the'
subsidiaries and such temporary advances to the subsidiaries and
may
also apply part of the net
proceeds for other general corporate
pur¬
poses.
The allocation of the* proceeds to each of
these purposes can
not tbe made* at the
present* time.
of
most
For -the 12
months ended
March, 1947, 96.6% of the total system
kilowatt-hours input was generated
by the company 0.2% . woe pur¬
chased from a lumber mill at
Perry and 3.2% was received under inter- '
change • arrangements with the
City of Jacksonville and-the Florida^
Power; Corp. However, during this period the
company delivered to
thesct,6wo non-affiliated utilities an
amount-of power equivalent to 1
l.9%iaof its- -system; input. -
stocks
advanoeS of
electric
1947, approximately
present
$5,764,806
;Merrill'Lynch, Pierce, Fen-
principally*
of
1,636,718
3,476,614*
—$4,888,539
deducts.—)
.2,364,344
etc.
Laurence M.
,
will ~ involve
manual* t<y dial" operation* in
2,502,205>
1,671,185
amounted: to
made to-such subsidiaries.
includes Miami.
,
from
*2,570,305
204,909
C,
Lee
ot:
however require
additional investments lp the common stock
equities of the subsidiaries.."
The corporation intends* to: make additional
investments in such equi¬
ties, by the acquisition of additional common
stocks of the subsidiaries
or
by the' conversion of temporary advances
,
Beach, Coral Gables, and other adjacent
communities
the
important tourist center in the State.
*'"
V
qonyersion
2.891,471
3,156,844
$5,093,448
income
Hornblbwer
W.
Chase
It is proposed* that a substantial:
part of the capital, required
these programs will be raiged by the sale of
additional bonds and
trade, both summer and- winter, is the
principal source
activity- in the oast coast area served
by the company. As
a
result; approximately 84%
of the company's- annual
electric and
gas? operating
revenues is derived from- residential and commercial
customers.
Company obtains approximately 52% of its'- annual electric
and,gas revenues from the Greater Miami Area,
which
the
4,568,892
2,885,842
4,357,363=
Central Republic Cor (Inc.) - 7.000Graham, Parsons & Co._L. 7,000
.
capital.
121,639
4,634,203
,
^.*19;500'-
engaged* in large
new
(net)
Co., Ihc:—____ 13,000*
Kidder, Peabody &r Co;____ 13.000'
*
business
Miami
are
of
forii 1947
131,687
4,808,738
earnings
Blyth
many, exchanges.
Tfte tourist
of
replacements, improvements and extensions
include
Beaott
in'Miami, Daytona Beach, Lakeland
programs-
:of approximately. $24,550,000.
(102,122),
D ay ton
construction
3,368,627
Sc
deducts, (net)
-to
,
communities, the more important
West Palm Beach (40)590); Miam*
(25,3111, Ft Lauderdale (26;18SVs "
St. Augustine (12,409), Sarasota
(13,857), Fbrt Myers (15,198), Sanford
(I2;497) and Bradenton (12,146),
which
of
that, these
1944
236,094
4,632,417
taxes—2,673,085
tax
1945
4,939,431
Mitchum,. Tuliy & C0,_—10,000
aggregate gross expenditures of approximately
$32,400,000 for additions
plant* and that these expenditures will result in? net plant*
additions
Such construction will consist
!
coast
.
'
year.
v,
PURPOSE—The subsidiary operating companies
construction-programs requiring sizable amounts
municipalities' where'municipal'
Calendar Years
1946
220,575
Curtis-
.
of the
(state
Stone* Si Webster
share
Registrar,
EARNINGS
,
ShsTGs
30',
'*:,
York.
New
are
•
income_;__
oper.
Paine,
common
fbr- each
OF
5,338,454
.
amortia,—.
shares to
'
and* dividends*
or prior to1 Septr.
r
Trust
locations
-
,
UNDERWRITERS^—The
of
*)•.':
1
Transfer agentr, Bankers
National Bank, New York.
additional
of
*
(par $50)*
Convertible
common
on
agree¬
'
^
Oct.
per
1957.
number
a
3,029,871
inc.
Not
.
and
covered by
are
$41,009,191 $39,150,340 $34,850,846 $32,157,011
8,072,848 7,115,025
5,310,959
4,763,747
8,008,987
7,167,571
5,277,439
4,498,138
3,763,182
3,246,676
2,426,924
2,112,178
Corp.—_
taxes
Interest,
166,.
1952, and'share- of common* stock if converted thereafter and
prior to "Sept. 30, 1957.- Thereafter, the shares of 4:40%
pre¬
rate
Tel.
&
income
Net
-
,
An
last—V-
30,
the
on
15'.
less
ferred1 stock-have
no-right of* conversion*.
1
:
v
.
the
•
selling gas.
Company operates wholly within
Florida.
Of
the
total
operating revenues ,of the company for the
12 months ended March
31, 1947, approximately 94% was- derived' from
The
1
Misc.
in part at any time, at the option of the
than-30- days* notice, at' $52)50 per shareif redeemed-on-or prior to? Sept; 30}- 1952* at $51.50;
dividends if-redeemed subsequent' th that date
but-on
not
Tele¬
,
whole*or
a
Sept.
the
at
4S.40%
i
and
to
redeemed
stock
and
from
share
prior
Jf
-
company is an operating public utility principally engaged in
the (business of
generating,, transmitting, distributing and selling? el«o
trie energy.
Company is also engaged in the business of-manufacture
and1-0%
payable Jan.
revenues—,.
Fed. exc. prof,
,
V
(
various
revenues
.
—
General
Fed.
Gehei^al Telephone Corp.—Preferred Stock Offered—
Paine, Webber;, Jackson & Curtis and Stone & Webster
Securities Corp. on- Sept. 9 offered
200,000 shares of
^andi-dividends
J
*
oper.
General
527,550
cents-per share
of
and
complete toll service
traffic is freely
ownerships, and pro¬
distance
12 Mos. End.
Depree.
—
Rbdeemabie; as*
corp&r&tion, upon
office,. .25 S. E.
formed-in Florida Dfec. 28;. 1925, by
and
local)
,at par and div.
(executive
locations,
Gem & misc. exps. of
operating companiesOperating
expenses
of
:
2,470
distribution of- like amount
Dividends
other
Commercial
i
1,251
3,570
a
the
of
June 30.'47
Total
12,054
4.40% cumulative convertible preferred stock
not
companies
Telephone
that
so
Long
various
•
62,283
38,547
.0
lOO.OOOshs.
the
Traffio
3,363
Sept.
American
ccnsideration.
45,166*
20,098
payable
between
Maintenance
1
709.
P.
Since that date it has acquired- properties of numerous other
electric service
four
54,694
.
125,476
145,199
the
subscribers*
routings and divisions of toll
between
-
144,338
142,391
12,903
143,827
*
indirectly the entire outstand¬
or
'
1
stock,
including
the
SUMMARY
General Portland Cement Co.—Dividend No. 2—
Aiherioan
by
corpbrations and* municipalities'.
distributing
for
167,895
814.
'common
all* of
:
460,306
189,077
5,516
2,143
"
directly
Kansas.
companies, involved.
Telephone service—
through
the
use
of
radio—is
being initiated in
two
locations
to
automobiles, buses, and trucks;
Necessary applications have been filed
Canada—
of
16,884
and
'
24 722
The directors have declared
The
lng,
ments
under
C—Trucks
&
tcf
interchanged
visions for
1947—8 Mos.-^-1946
34,993
14,861
:
owns
companies,
available
Net
t2,000,000 shs;
issuance
of
purchased-
Second Avehue, Miami} FlaO was
the' consolidation of Southern Utilities
is
NOTE—August, 1947, figures are preliminary and subject to change,
—V.-166, p: 759.
*%'
.v,• ■.,*/■
1
10,000,000*
100,000 shsi
-
29,510
24,273
(Ky.)_
graph Co. and its associated companies,
<
50,066
—
T.
10,000,000'
120,000,000 shs.
53,218
29,299
the
and
neighboring
.
DIVISIONS
GM
15,167
Total'
$45*000,000!
$10,000,000
66,980
61,840
in
19
states.The telephone subsidiaries^ own and
mileage of toll lines, mostly local and regional in
exchanges and toll lihes are interconnected with
lai'ge
a
character,
passenger
were
also
located
operate
,
1,205,050
.
Home Telephone Co.
munities
;
was
•
outstanding1
1
BY
Trucks
common-
FINANCING
"Unlimited
par)
to
AND,
*
16,054
»
for $2,500,009
J
pursuant to the terms and conditions of the contract btetween American
and'the odmpany, dated Aug;
27\ 194'/.
•
:
----*
•
•*
1
HISTORY
112,'870
August,
47,841
Passenger
>
ser.
thd
of
August
has
and
,
series
($10CT par)——uj—^
(no
as
requirements
in
...
sinking; fund
4Va%
t
—
mtge.
1st * mtge
in
27,512
{
•
repaid to
the company's
-
exer-
GM
'
EFFECT
Canada
1947—Month- -1946
—
—Coaches
1
Life' Insur¬
stook,
74,123
62,453
The 30 telephone subsidiaries are
engaged in the business of provid.ing,-without* competition, telephone service in
approximately 3,100 com¬
?
passenger cars and* truck's
and
1947, General Motors.produced
States and Canada.
produced
trucks.
Cadillac
GMC
Aug-
GIVING
States
vehicles
Buiok
of
CAPITALIZATION
total
30,957 were
Oldsmobile
1
27, 1947, and independently of the agree¬
July 29; 1947, American agreed to purchase 100,000 additional
shares of the company's common stock and to
pay therefor $2,560,000
in cash on or before Oct.
31, 1947.
.
ment
the
and
of
the United
in
—Trucks
t
American
$2,500,000
preferred
stock
By agreement dated
production of
Uniled
__
should
American' has*
the
have
the
of
the
Period End, Aug. 31—
Chevrolet—Passenger
$2,500,000 end American would relinquish its rights to? such
The $2,500,000 paid under such agreement was used
at
par
the then outstanding 2%%
serial notes of the
redeem
in
PRODUCTION
stock,
company
trucks
.
of $2,500,-*
to
repay
the
announces that
Motors
157.
p.
Corp.—Shutdowns Affect Production
the first eight months
Of
100,000 addi-v*
for $2,500,000 in cash,
sell preferred'stock and realize
proceeds therefrom in-excess
000 the company, at the option of American, would
common
Motoi'3
165,
exceeding by 4,533 the 139,294 units turned out in July.
July and August, however, extensive shutdowns by many of
manufacturing and assembly divisions, due' to a serious short¬
flat rolled; steel, kept output below expectations for this period.
and
cars
company
1948
29,
94,870
ing stock, except fbr small1 minorities in two
cases,
of 18 smaller
telephone
companies
(Serving
30)170' telephones
in
the
states
of
Arkansas, Californiff, Illinois, Indiana, New
York, Pennsylvania and
Wisconsin).
In
addition, the corporation owns the entire stock of
General Telephone
Directory Co., and certain* of the telephone subsidi¬
aries own the-entire stock of
General Telephone Service Corp.
.
.
financing plan, the company entered.
29, 1947, with American pursuant to
tional
(par $100),
of the plants which were forced to close down either the last
week;,
August of the first week in September arb'now .back in operation. '
cars
with such general
which
preferred shares
.
1
serial notes held by
Chase National Bank, New York, an aggregate
expenditure of $15,617,213. The remainder is being used in furtherance
the company's construction program.
■In connection
104,775*
:
Associated
The corporation
j
both
of
age
of
;
6%
company
Co; will acquire the property and assets of Interstate
all,the latter's liabilities, including $341,000 of first mort¬
series1 A bonds.—-V.
General
Irl
aggregate..
$20,098,070, after deducting, expenses and exclusive of accrued interest.
net proceeds were- used* to
redeem at* 104%-, $14,210,000 "4%•%>.
sinking fund debentures due 1979 and to redeem at par $750,000 2%%*
%uch
the
of
the ear
recently sold $10,000,000 of 1977 series bonds
debentures,
234 435
j
"Operating in Texas, Oklahoma, New Mexico, Louisiana
tOperating in* Idaho-, Washington and Montana.
143,827 units,
■;
•
financing
of
'
Service
4>/4 %
T^e company
,
The
application
.and 1,200 non-cumulative
General
by
territory
service -in the
corporate purposes.
gas*
has' granted, the
and; assume
to
company's
SEC
(no par)
issued from time to time during
American Power & Light Co., which
presently outstanding shares of common
1947
remainder
,
proceeds will be used to provide. addl- %■
electrical production, transmission and distribution facilities,
gas
production and distribution facilities required to meet.,
(b)
and
the
The
tional (a)
the
Dec.. 31,
The
•
(subsidiary of Cities Service* Co;) to acquire all the capital stock of Interstate* Gas
Co. from Wallace. Gilroy and Helene D. Gilroy for $1,200,000, subject
to
closing adjustments.
The securities consist' of 500 common sharesV
$4,750,000,
of
amount
due
Co., Ltd. (Calif.)
Telephone Co. (Ill))
Commerciai
Ashland
Gas Service Co.—Acquisition—
*
by- the'company from
the issue and sale of the 100,000 shares of preferred stoek will. beJ
$9,661,000, after deducting underwriting commissions and estimated
expenses and
exclusive of accumulated* dividends*- Sticlu riet proceeds
will be used to pay off-at par the company's promissory notes, pres¬
ently
Telephone
—
cumulative) at 100 and div.
par
Telephones
,
tInterstate1 Telephone Co._
)
Upstate Telephone Corp. of New York (New
York)
Lexington Telephone CO; (Ky.)
A.
,
•
—The First Boston
Sept. 9 offered
was
Telephone Co. (Ohio)
Miehigap Associated Telephone Co. (Mich.)
"Southwestern Associated .Telephone Co
increased 22.23%* over the
like period} of 1946,
Sales, figures for 1946 consolidate the sales of
Gamble
Stores,
Western Auto Supply ^ (Cal.). stores, and MacLoed
Ltd. (Can.f, which were unified as Gamble-Skogmo, Inc., Nov, 1, 1946.
■—V; 166, p, 668i
:
"
Sales for
[
44.348
19^181425
Pennsylvania Telephone Corp.* (Pa.)
Indiana, Aesoeiated Telephone Corp. (Ind.)
Commonwealth Telephone Co.
(Wiso.)
1946
1947
Sales-
'
10,000000
Co.-owned
.
Associated
Month of August—
the
8,
19527 168
consolidated
500
Thornton, Mohr &; Co.<
Gamble-Skogmo, Inc^-August Sales Slightly Lower-
Pay $1.25 Dividend—
directors declared a dividend of $1.25' per share
on
the capital stock, payable Oct. 1 to holders of record Sept. 15.
A
distribution of 75 cents per share was made on July 1, last, the first'
since Nov. 1, 1944, when 50 cents was paid.—V. 165,. p. 3051.
On
$44;795 000
stock—subsidiaries
stock—corporation
(par $20)—Corporation
com,
organized in New York, Feb. 25, 1935.
is a holding
company controlling 30 subsidiary operating
telephone companies and a telephone
directory company., Corporation
.has minority stock interests in
North. Electrib Manufacturing Co;, of
Galibn, Ohio) which manufactures telephone
equipment, and in five
small telephone
companies*.
The major subsidiary telephone,
operating
"companies at June 30, 1947, the states in which
they operate, and
.the number of
company-owned'telephones are as follows:
Illinois
1
Francisco Sugar Co.—To
in
consolidated—
Corporation
948;
p.
Outstanding
consolidated)
BUSINESS—Corporation
;
500
Son__
Space
Warrants to buv
treasury.
and capital stock
of the
consolidated- upon completion of fch*
subsidiaries
stock—subsidairies
Common* stock
Co:,
—
Lane,
inc.
warrants.
corporation's
266;667 shares of common
stock
conversion privilege of the new
preferred
the
debt*—subsidiaries
Minority interest
preferred
1,000
—)'
Clark & Go
Hilliard &
A.
C. Allyn
Si
and* its
4.40%)
Leedy, Wheeler & Alleman,
.
Tucker, Anthony Si Co
20-year
Evans
A.
Inc. ———---)—
4,000
Co;——
Hall
Paine, Webber,
Chrtis
Agee & Leach.
Courts &s Co.——-———
Sterne,
stock
the
,
Funded
1,000
1.0^0-
W. Scrariton & Co.—
in
reserved
financing.
"Preferred
1,000
—
to be
of
such
of
held
are
are
following table shows the funded debt
present'
1,003
Co.—
the exercise
shares
exercise
corporation
Co.-
5,000u
Corp.
&
Shields & Co._.
The
2,000
2;600
Co;_
Miller &
Ohio
the
2,000
_
Co
and
such
rStock.
2,500
Co.
5,000
_)
White,
St
GO:, Ino.___.
Wisconsin
Chas*.
& Webster Securities
Stone
Marks
Co.—
Si-
5,000*
5V4% debenture bonds due Nov. 1,
1950, have been oalled for redemption on Nov. 1, 1947 at par and in¬
terest.
Payment will be made at The First National Bank: of Chicago,'
33
Laurence
Inc.
Harris,
outstanding
5,000
against
2,500
2,000
Co:_-
of
for
NOTE) (2)—There
Shares
Equitable Securities Corp.Estabrook
Kidder, PCabody & C6
(The) Fortnightly of Chicago—Calls Bonds—
All
18,570
6,000
&
reserved
are
No. cf
6,000
W.
>
566.
follows:
''
as
are
1
■
Shares
Boston Corp—
Barney & Co
Blyth & Co:, Inc
—
Glore, Forgan Si Co.
Harriman*
Ripley
8c
Co.,
Smith,
i947—8 MCS-1946
$4,780,355- $4)758,745
$759,007
$680,958
—
166,~P.
—V.
underwritten
First
The
Fishman Co., Inc.—August Sales Off 10.3%—
Monday, September 15, 1947
principal underwriter and the
'
Corp.
(ML H.)
shares
of
No. of
4
,
Period End. Aug. 31—
number
respective
been
these operating difficulties h&ve
the
cleared
up
company's plant, at Jamaica. N. Y.
ana
recently opened plant of its new wholly owned Fairchild Industries,
Inc., at Burlington, Vt,, are now in quantity manufacture.
>
It" was
also
announced
that '-'while-the-results so far this year
show
a
considerable
improvement over
ttm previous year- and the
prospects for the remainder of 1947 appear to be promising dividend
action,
which is usually passed
upon
about this time, has been
deferred by
the directors until the present favorable trend is con¬
firmed by operating results during the remaining months of the year.
Distribution of 50 cents each were made on Jan. 2 and Aug. 9, last
year; none since.—V. 165, p. 72.
•
Mr.
of each
$74'839
1947-^8 MoS;—1946
$1.74L959
$1,633,478
;
Number 4629
Volume 166
THE
Gentry, Inc.—Stock Dividend of 2%—
(W. T.)
directors on Aug. 29 declared a 2% stock dividend
on
the $1
capital stock, payable Sept. 22 to holders of record
Aug. 29.'
A
similar distribution was made on May 26, last, while on
Feb. 17, a
cash dividend of 10 cents per share was paid.
The initial
The
per share was also made on
Hardwood Lumber
Georgia
payment
Nov.
15, 1946.—V.
Co., Augusta, Ga
"
covering
Sept.
on
3,000
2
($1
letter
a
par)
of
notification
with
Reynolds & Co., New York, and
Augusta, are named underwriters.
The
shares
are
R. B. Pamplin, Secretary of the company.—V.
166,
market.
being
v.
the
sold
-
by
855.
p.
net
Gerity-Michigan
Die
Casting
$3,251,628
stockholders
The
the
change
to
stock
a
on
Sept.
on
of
name
bonus
this
plan
for
23
part:
■
•
assets
Current
Co.
below.
'
•
liabilities
will
$1,572,870,
June
which
30,
is
a
The company's
stock
1947,
the
As of June
to
time
at
or
any.
sums
not.to
$500,000
f
aggregate during the two-year period
ending Oct.
Such loans would bear interest at a rate of
2'A'/i> a year,
All renegotiation
of war contracts with the
completed
and
final
settlement
effected,
covering
the
(June
30,
ment
by the company, during the last fiscal
year, of
1945.
The
final
agreement
after allowance for tax credit
tax
or
involved
refund.
payment
(H. L.) Green
Co.,
is,
'In
211
"
periods
to
the
Gross
ended
ft.
{
■
*
.
v
,
~
■
Other
and
manufac¬
1947
:
income—
'
\
.
Operating
—
of
products
Selling,
general
sold--
and
administrative
Interest expense
—i
Provision for estimated Federal
Refund under
'■
Income
for
the
811,562
'-—
income
,.
3,800
765,000
taxes—"
provisions
'
"
year.
$1,216,035
„
'
Cash
dividends declared
dividends declared
Cash
Balance,
>
1
—X
Previous
on
surplus
-
at June
share
on
30
$910,660
651,919
•
1
535,318
•
$1,562,579
•
167,500 shares outstdg.-
$1.58
.
•
*.
feept.
Sales
.
30,' 1946———
u
$2^667,564
Dec. 31, 1946——
——3,562,219
March 31,
1947^—3,762,713
June 30, 1947——-*.1
—————3,944,904
assets—
.
;;... "
■
Estimated
refunds
of
Federal
taxes
oh
lower
at
of
Raw matls., work in
Supplies
cost
:
665,826
"""
49,302
Accounts
payable
16,510
Net
37,191
on
tFederal
»•
taxes
refunds
:
on
15,
for
income
1947—
*Los's.
134,135
and
'
($1
par
payable
of
have
the
and
37,758
1' V..
•„
v
*
.
if
.
Earnings
Operations—'—
i
—
—_—
—
"1,204,629
1,562,579
1947
1946
$8,512,500
$5,681,265
2,706,609
$1,928,194
1,702,221'
$2,050,85 O
12,07$
8,668
!
income
$4,127,699
*
$2,062,922
6,758
taxes.^-
8,322
1,050,000
505,00Q
$3,070,941
$1,543,601
703,307
—
——„——^
—
1,172,179
share——
——$5,107,578
$3,558,617•After depreciation reserves of
$433,283 in 1947 and $319,757 in 1946.
"fAfter U. S. Treasury taxes notes at
redemption value of $400,450 in
1947 and $25,218 in 1946.—V.
166, p. 759.
——
'
(S. A.) Gerrard Co.—25-Cent Distribution—
—
$3.28
——_
$1.65
and other gross
operating income
after
t
CONSOLIDATED BALANCE SHEET
r-
»
'
June 30,'47 Mar.
31,'47
special
deferred
accounts
'
$6,741,836
$5,492,443
funds
receivable.
;
•Gil
269,225
269,03^
23,048,885
lands, leases, Intangible drilling
costs, well
other equipment and
incomplete wells.,
Prepaid and deferred charges
23,043,234
*•
Total
t
89,601
190,089
—
$30,149,547 $28,994,865
-
1
LIABILITIES—
Accounts payable, accrued
property, income and
other taxes
451,864
.
Capital
share
'
———-——.
"
Total
-
.•After
39,601
*$l30,lt>7
$0.88
Net
before
income
———
taxes——!—
profit
after
taxes
,*
per
common
share—1—
$1.40
———
in
_
1946
:
*1,536,679'
$1.93-
inventory
depletion, depreciation
1947 and $29,129,624 at
June 30,
Howe Sound
amortisation of
March 31, 1947.—V.
■
$2&,165,'
,.
.
€0.—Earnings—
(Including its Interest in
Subsidiary Companies)
30—
1947—3 Mos.—1946
Period End; Jurte
Gross
value
of
1947—6 Mos.- -1946
metals
sold
*$2,695,829
Mkt'g, smelt'g, convert.,
refining, freights, etc.(as per contracts)—
Operating costs
'
$2,476,552 *$5,203,480
839,449
1,208,133
1,643,938
2,348,479
$628,998
$428,970
22,158
$636,867
$451,127
$1,230,747
23,543
88,572
49,484
174,281
103,927
363,931
$439,042
$278,629
461,900
461,900
$817,332
461.900
$0,95
$0.60
$1.77
1
income—
value..
Total
income
*
Depreciation
(Walter E.) Heller & Co.—Debentures Placed Privately—Harris, Hall & Co. (Inc.) on Sept. 5 announced the.
sale privately of two debenture issues as follows:
$5,000,000 27/8% sinking fund debentures due
Aug. 1, 1962 and$2,000,000 "3^% sinking fund subordinated debentures,*
due Augr 1, 1962.—V. 166, p. 567.
■*»
for
Prov.
.
inc.
taxes
U. S., Canada
1
,
Net
(
income
Capital
.:
——_—
idiares outstdg.fc
per share.—
iron
33,&r8
$641.6' 8
136,150
127,026,
*
'
Earninge
"Includes
19,685
in
Mex.
'
-k
1,555,652
2,390,294
$1,211,062
7,869
J-.**
—J-w
Miscellaneous
>
$4,547,644
"*
-
847,972
1,218,858
——
Bold from inventory.—V.
pyrites
-
On Sept. 8 the directors declared a
dividend of 25 cents per share
«h
the $1 par value common stock,
payable Sept. 22 to. holders of
Record Sept.
16.
A
like amount
was
disbursed
on
March
20
and
and
'
.
r
1,149,395
for
reserves
.
year
$31,820,162 $29,137,420:
2,019,207
2,B49,246.
—-
47,50(1
602,843
17,092,217
•
17,811,564
Nil
■
-
1947
-
-
9,285.945
——si--——I $30,149,547
$28,994,865
ftt
3394.
(Total revenue from operations after
provision for renegotia¬
contracts.
fOn 1,059,853 common shares
—
!—
$1,968,263
42,26?
-—
^
war
—
$2,410,839
9,285,945
47,500
593,699
stock
Capital surplus paid in.^—
Appropriated earhpd surplus
Unappropriated earned surplus..
164,
$378.F"9
461/07
$0.82,
2671.
p.
..
-Aug. 2, this year.
•
'
'
"
* "
(
Payments in -1946 were as follows: March 21 and
July 29, 50 cents
4Each; and Dec. 28, 25 cents.—V. 166, p. 566..
-
-
-
-
-
-
-
...
Grand Union C^-^Current Sales Rose
11.8%-—
i.
Period End. Aug. 30-^Sales
1947—5 Wks.—1946
$9,546,822
—
—V.
t
16~6~,
i
p.
.
.
566.
Lt»
'
"
'
'
'
~
1947—26 Wks.—1946
~
M
...
in
and
'
-651,919
'
Redempt'n
1,686,660
——
7,070
..
.
*After $175,000
reserve
for
possible decline
./After preferred dividends.—-V. 166, p. 759.
". '
enable
"
*$87,830
v
106,748
..
(Earnings
'
stockholders
would
surren¬
banks, accounts receivable, U. S.
Govt.
> securities,'
inventories of petroleum
products,
materials and
supplies.—^—
Investments-in other companies,
:
2,237
$61*0,236
.per
Sales
767,500
1,204,629
•
*
;
ASSETS—1'
Cash
544,467
—.$1,180,155
'
......
told
Indemnity
$4,119,031
—
paid
per
.
:
-
-■
"
/ *Sales ©f petroleum products
deducting royalties paid
*$117,685
29,847
.
1 ■• v
45,597
——
companies,
Home
income
Federal
Dividends
t$426,782
1——25,455
'
62,182
767,500
both
The
uublic
——:
Net .income
been
1946
■.
$5,976,078.
4,823,378
,
.
of
of
amortization,
abandonments
and
income
Estimated
•
.
-
1947
-•
85,154
risks
depreciation,
Interest paid-
a
making of products for
125,923
accruals-
.
Total income
"
(The) Hecht Co.—Sales and Earnings—
Profit
valuej
-
companies
profit————--^-$1,154,700
Six Months Ended July 31—
69,214
55,675
renegotiation
workmen's compensation
——
564,997
153,500
->*-•
Capital in excess of par value of cap. stk. issued
Income employed in the business—
Total
include
424,940
accounts
stock
$28,900
income————
on
Capital
949.
p.
outstanding.
NOTE—Earnings for the first nine months of the current fiscal
$1,553,034 or $1.44 per common share.—V. 166,
p. 371.
•
$3,558,617
713,256
*
(est.)
Miscellaneous
Reserve
Common
July
than taxes
166,
are
and" wages
salaries
other
two
profit
tEarnings
7,447
$6,210
—
in
leaseholds
operating
Other
'
4,577'
Smith/President
.
Net
$1.29
•
(trade)—
Accrued
"Taxes,
2,457,437
:
*
:
,
Dividend payable
activities
Interest *l_.
_1
Provision for Federal Income taxes—
_
.
these
sales'—~
charges—
peprecialion
32,152
$5,107,578
LIABILITIES—
•
Kotes payable (trade and equipment)
„
from
Gross profit from
tion
'
that
cbsts—
income
—■I
719,594
"! 106,917
1,516,488
1,791,778
stock, It is
contemplated, will be sold
total cbnsideration
of $4,000,000, to The
Home
presently owns more than
75% of the stock of
indemnity Co.
The annual
non-cumulative dividend rate
stock will be
$2.50 per share, or
2l/a%.
a
*
301,771
195,841
preferred
or
*
this
and
income
1,020,946
new
the
Depletion,
528,000
.
...
-
.
revenue
Other
market—
•Property, plant and equipment, at cost——
Prepaid insurance premiums'and taxes
Unamortized dies and fixtures—>——
Prepaid rents and interest
of
3 Months Ended June 30—
Operating
income
and finished stk.
process
.
2,985,437
■
9,38Q
48,515
or
3,560,446
528,000
'
.
6,785
$2,707,373
which
June 30—
Hayes Manufacturing Corp. (& Subs.)—
Earnings-*-
Total
1946
929,338
—■!
renegotiation. rebates'—
,
Inventories,
i
accounts receivable
Co.
$3,267,805
and
w
$161,851
.
&
1947—4 Mos.—1946
$700,944
*Oros6 operating income
!
Costs, oper. expense, taxes (other
than Federal
r
income) and general expense
j
trade. Jewelry trade and chemical and other
Its plant is in
Chicago, 111.—V. 130, p. 2782.
Operating
1947
Dee
profession
industries.
347,326
425,086
'
-
dental
1947—Month—1946
$647,270
,
—)
tax reduction
t
Thomas J.
products, has beeo
1947.—V. 161, p. 669.
Honolulu Oil Corp. (&
Subs.)—Semi-Annual Reports—
Six Months Ended
.
•.
*
the
$1,216,035
$1,043,986
receivable—trade <4net)-—————
Miscellaneous
»
JUNE 30
,'
_i.^—i—
Accounts
and
SHEET,
...
$3,508,059
"522,622
.
.
Cash
$1,560,445
,
347,148
*'
total—$13,941,400
BALANCE
$325,314
Handy & Haiman is .a .leading refiner and
producer of silver and
gold alloys-for the arts, and silver
brazing alloys and other silver prod¬
ucts for. industry.
Its principal plant is at
Bridgeport, Conn., and has
plants in Toronto, Canada, and
service plants in New
York, Provi¬
dence (R. I.) and Los
Angeles (Calif.).
1
■
15
Co\
231,536
:
$96,475
-
———
Year's
922,950
165,382
The Dee compapy will, become the
Dee Division of
Handy k Harman.
will continue to function as
heretofore with the same executives
and personnel.
1
Net Profit
Oil
on Oct. 1,
1947, at 101 Va and
through operation of the
sinking fund, $24,000 of first mort¬
gage 3'AT bonds, Sferies
A, due April 1, 1967.
Payment will be made
at the Harris
Trust & Savings
Bank, corporate trustee, 115 West
roe
Mon¬
St.j Chicago, 111.—-V: 164, p. 1209,
It
.
1
-
•
689,638
income taxes—
?u
announce
.
Pure
There have been called for
redemption
company, and Harry E. Radix,
G. McMahon, Secretary-Treasurer of Thomas
J.
of Chicago,
pp?
March
interest,
$4,415,365? $4,662,545
33,077
$374t631
Niemeyer,- President
Dee & Co.,
combined.
$0.02
r-
H.
$1
on
the
Home Telephone &
Telegraph Co.—Partial
f
32,494
•
Handy & Harman, Bridgeport,
Conn.—Acquisition—
'
portion of the cost of property,
plaht and equipment
allocated to operations
(depreciation) amounted to $142,276 In 1947
and $70,585 in 1946."
*
J
On March
8, 1946, the merger of Gerity-Adrian
Mfg. Corp. with emd
into Michigan Die
Casting Co. .(continuing'corporation) was consume
mated.
The
name
of*• Michigan
Die Casting
Co.
was
changed to
Gerity-Michigan Die Casting Co. on the effective date of the
merger.
The profit and loss-' statement -Includes
results of operations of the
Adrian Division
only for the periodsince the date of merger.
1
Quarters Ended—
$432,764
74,372
...
in Fed.
34,489
.
*After extraordinary reduction in
prior perioa.—V.
President^ and Thomas
$651,919
new
share,
Co.,
V.
r
$116,601
-
the
Home
dered
4,125
f'; NOTE—The
'
$429.-485
54,864'
reduction
2,435
T
1,285,627
Applicable tb common
stock—3,032,446
Earnings pet share, based on L909,968
shares.;,
$1.59
33,750
,
...
—
as
2,676
——
,
Ohio, plant of
refined petroleum
stoppage since March
28,
increase
Mwrf
r A
$154,477
345,375
,
surplus,—-'—;————L—1—»:—'
per
$4,695,1)39
—
G.
Earned
Earnings
$4,449,854
emergency facil....
Preferred diVidehd requirements..—____
150,730
...
$1,256,035
stock—_—
preferred stock—
surplus
$435,199'-
*
'
the
on
1946.
*1,793,153
Earnings before giving effect to
resulting from amortiz of
*
common
on
*1,906,582
1,483,013
'<
1
!———
"
■
108,442
$432,170
.
during
r
198,475
amortiz.'-.
income
-
199,997
164,347
loss
——-
and
Extraordinary
40,000
,
I
Net
$3,747
-
1
Total
income—net
Balance
Cr216,000
0
16,817
*210,102
136,377
interest
——
...
taxes_«
were made
common stock
class B
quarter
'
16,776
revenues— hi
Special charge
Income of Gerity-Adrian
Mfg. Corp. employed in
business at date of merger, Mafch 8, 1946—
i'
<
oper.
Other
—.
ac-
taxes
the
of
Reserve for workmen's compensation risks
pro¬
vided in prior years "no
longer required due to
f
purchase of insurance coverage—J
~i
."
■
„
income
Net
367,539
15,198
-
plant
—_'
the carry-back
Revenue Code
Internal
expenses!-,
of
Dividends—
by expanding its business on a
Increase in the public's
for service.
requirements
Net premium
writings for the first six months of
The Home
1947 of
Indemnity, he said, totaled $6,470,716 as
the full-year totals
compared with
of $9,007,907 for 1046
and $6,006,114 for
In addition to
1945.
"
the new preferred
stock, Home Indemnity Co. has
outstanding*350,00,0 shores ($3 par) common
stock,
Surplus of the company as of
June 30, 1947, was
$2,258,555 which,
together with a
voluntary reserve of $150,000 and a
capital of $1,050O0O, provided a surplus to
policyholders of $3,458,555.
If a sole to
Home Insurance Co. of
40,000 shares of new
preferred stock had been
consummated as of June
30, surplus to policyholders
would have been
$7,458,555.—V. 166, p. 760.
5,669,736
Co.—Earnings—
adjustments—.
on
per share
and
each
the company better
to Serve the
basis consistent with
a
normal
■
^
Other
$4,427,39?
"4,258,908
11,168,323
——:
quis.
of
the
on
.
Amortiz.
Federal
12,432
$13,964,720
—-
:
•1,222,910
E
stockholders at a special
meeting Sept. 8 Voted to increase the
stock by
issuing 40,000 new shares of
non-cumulative, non¬
par) preferred stock.
■that
45,845,613
15,745,796
3,583,062
M1<1
($5
$100 pec
The
1947—Month—1946
1947—12 Mos.—1946
$1,741,414
$1,446,960 $18,291,172 $16,763,444
676,950
504,741
7,190,095
6,150,418
114,873
'
74,082
"1,250,934
1,022,090
154,166
143,333
1,810,697
1,618,641
Maintenance
Depreciation?.
v
work
a
Insurance
1
949.
p.
revenues---,
Operation
:
Total income
Cost
•238,688
in
<;hc Toledo,
'Harold
Gulf States
Utilities
•
1
at
„
2,002,740
651,347
36,633,88%
and
1667 p7s677"
All
339,943
Co-
Home Indemnity Co.
of N. Y.—New
Preferred Issuer
The
.
$6,553,352
444,745
stOCf
late Lowell Shieic
"ocording to Eben Hallrv,
Holly Stores, Inc.-August Sales Dropped 7.6%—
—V.
from
-
166,
last,
Period En^J. Aug. 31—,
k
'
1945
4,026,722
'
:
*
by
up
;
.
common
the
advlscd that the
company will recom^
action on the September,
dividend 'dec
three Pure Oil Co.
plants.
Regular
s0urce, of Hickok's
-
against
1946
41,351,461
10,322,020
January 1—
common stock
16,
stated
voting
$5,304,667
166,
at
It®. niaT
tied
Commerce
as
strikes
U
capital
operating income__w„__
of
lti0nS 0l 2u cents
»
June
been
directors defer
R
because
if1
ana
bonds,
Sales 3.3% Lower—
common
Proposed—
company's
and
the
notice.—V.
of Stock
Corp.—Defers Action
Vancouver,
$5,630,964
Period End.
July 31—
t
$4,414,960
23,320.
I
of
or
S. Rae Hickok
Eale shortll'.
bave
-for
1946
.
allowances—. $13,941,400
fund
that
&
krnfi
larations
"102
at
1947
ruled
*
RR.—Earnings-
railway
•Deficit.—V.
-
Sales, less discounts, returns
& Ohio
railway.:
from railway_-_j__
Net ry. oper.
income___.
manufac-.
INCOME ACCOUNT FOR YEARS ENDED
JUNE 30
winniPe8
railway1,202,480
railway
Gross
Net
shipping.
The purchase includes seven
buildings,' all of which were
formerly owned by the Jim Brown Stores, Inc.
The buildings have a
total floor space of 80,000
sq. ft. and the management, was able
to
purchase these facilities at a price which
averages substantially less
than $1
per sq.
1947!
1947
from
From
^
govern¬
warehousing and
Nov." 7,
16
5
until further
°J «hRrevS of the
and
-
on
on Sept. 18 of two additlon.1
Sept.
ex said distribution
c^tates of the late
Hickok Oil
1947—Month—1946
1947—7 Mos—1946
$7,155,625
$7,399,143 $48,221,918
$47,964,241
from
Net
been
!
of
Inc.-r-August
July—
$107,321,
of
redemption
on
a
ol
acquire.all
August, 1947, the
company had 210 stores in
the
operation,
corresponding month last year.—V.
166, p. 566.
't,: Gulf Mobile
...
During August, 1947, the company purchased a
group
turing buildings in Adrian which permits the
expansion
turing facilities and provides additional space for
to
in
Net
net Of
a
order
$46,500 of 4.V*%
first mortgage
sinking
Payment Will be made at
The Canadian
A.
"Period End.
Aug. 31—
Sales
exceed
has
'te t"s'rlf)utfon
share of record
Sept.
Exchange
ro^S
i
'
31, ,1948.
government
in
Bank
Chicago
time,
one
Co,-
'
<
time
for
interest,
j
30, 1947, the
company had 3,22^
stockholders residing throughout 36 of .the 48
States.
v
The company has substantial bank credit
not being
employed at the
present time.
On Oct. 31, 1946, the National Bank Of
"Detroit agreed
to
from
loan,
Agency
Canada—v' 165°ntre3284Ha^aX' St" J°^n'
P"
•
Detroit Stopk
Exohange. and
at New
York,
called
series
in
$3,245,411 and current
rotio of 2.06 to
1,.
Working capital,
assets over current
liabilities, totaled
.
.
.
-
oil
the
Chairman
Great Lakes Power Co.,
Ltd.—Partial Redemption— '
company has
The
and
total
traded .in the over-the-counter markets
and other financial centers.
;
a
proposal
Corp. and
employees—
Vk
says
ck of Western
.
.
is listed
'from
from
„
assets.
Stock
Manufacturing Co.—Sale
1947—8 Mos —1946
$3,128,302 $30,697,490
$24,306,384
1
fLiA. s:
latter
York
Hickok
.
.the
approving
-
of
$1,672,541 as of June 30, last.
actively
on
Gerity, Jr., President,
indicated by the excess of current
-
vote
-
.
as
Sales—
o=«niKtUy 011 Sept' 2 filed a letter of notification with the
SEC
shares ($1 par) capital stock, to be sold
through officers
Siri Vn*
^ertshare- °f the total 13,250 shares will-be
flf
nonLri!
32 000 will be issued in exchange for 32,000 shares
company to Gerity-Michigan
salaried officers and
Annual Report—James
The New
p°759 6 n0t qu0ted
Great Eastern Mutual
Life Insurance
Co., Denver, Colo.
—Files with SEC—
«f
Gerity-Michigan Die Casting Co.—To
Change Name-^
<
Ss0t'nnhoM.L,°tUe' b.y
S.V
holders of each
'
,
1947—Months—1946
sales.
p;
-fn
Gerity-Michigan Corp.—Proposed New Name—
See
1947—8 Mos.—1946
127,357,324 125,086,697
common
stock, to be sold at
Clement A. Evans &
Co.,
11
Off 5.49%—
1947—Month—1946
Aug. 31—'
■Consolidated
filed
shares
'
(1051)
Co.—August Sales
Grayson-Robinson Stores,
Inc.—August
Period End.
_
company
The
SEC
FINANCIAL CHRONICLE
w
Files
with SEC—
r
&
—v,s leeVTeT""—~ 16,679,883 17>649,092
of
165, p. 2798.
Grant
Period End. Aug. 31—
car
10 cents
COMMERCIAL
-
Hershey Chocolate Corp.—Special Meeting Sept. 15—
-
At
the
consider
special meeting to be held on Sept. 15, the stockholders will
retiring 17,507 Shores of convertible preference stock and
42 900 shares of common
such shares
to- the
stock, now held in the treasury, and to restore
authorized but unissued shares.
increasing the authorized common stock from
status of
They will also vote on
1,000,000 to 3.000,000 shares, to effect a split-up or the common stock'
a
three-for»one basis,
-■
-The corporation
plans to file ah amendment to the certificate of
incorporation on Sept. 16 pursuant to which each share of common
stock, of no par value, will be changed into three shares of common*1
on
,
-
$8,540,126 $48,416,802 $38,097,904.
Ice-Ho Corp., New York—Files with SEC—
-The
for
company
75,000
cents
par)
Alexander
were
The
sold
"tock
is
Otllen
Bept. 4 tiled
($2.40
Of
common.
D.
Haryey,
to Gfllen
balance,
A
on
shares
and
4
k
par)
the
two
letter of nbtification
A
stock
common
15,000
shares
New
of
York.
will
be
offered
common
at
Proceeds
in
$2.50
will
be
ice-making
privately.
1
with
210,000
shares
the
SBC-
shares
were
sold
|5
to
trays.
The
issue,
it
is
units
per
of
Unit.
used
for
one
share
Underwrit-*
payment
«»;,
refrigerating machH j
understood, will be placed
obligations and development of manufacture of
and
and
a- director, at 5 cents each and
45,000 shores
Go., New York, at 5 cents each for investment
160,000 shares,
Co.,
a
class
12
THE
(1052)
The company
for
announced.
plant with
-application with
an
to
a
River,
Uncollectible
Onerfttlne
#14,836,248
__
~
exoenses
§S"°f S
121,207
$13/134,251 $94,166,509 $90,209)481
13 474,874
A™
74,935,064
84,893,914
11,497,593
profits
after
CHRONICLE
Monday, September 15, 1947
$704,157
691,427
558,684
24,051
17,115
$739,913
45,015
$311,254
24,130
$371,287
$165,900
$784,928
68,000
322,000
15,000
30,000
Net
Net
operating income
charges
after
♦Deficit.—V.
166,
$899,570
$665,475
*634,918
5,321,221
25,000
50,000
Indiana
Associated
Telephone
Period End. July 31—
Operating
$82,900
$382,928
221,740
221,740
221,740
$167,384
221,740
$1.72
$0.75
share
NOTE—The
Corp.—Earnings—
loss
1947—7 Mos.—1946
1047—Month—1946
$251,205
$235,226
$1,744,825
235
1,739
$0.81
and
1946
relating
British
to
$0.37
•
Operating
$250,954
$1,743,086
$1,582,516
174,092
1,386,757
1,131,731
50
50
350
350
18.400
—
$234,991
217,897
revenues
33,020
180,919
225,009
Operating expenses
lease
for
of
oper.
property
Operating taxes
1947 net earnings do not include any profit or
in
and
advance
to
Intertype Limited,
165,
Net
Net
operating income
charges—-—
$14,607
$27,829
$175,060
$225,426
*1,468
15,444
72,040
135,948
after
♦Deficit.—V.
Indiana
166, p.
667.
Harbor
oper.
Ry.
oper.
Net
fr.
rev.
$1,617,992
1,315,184
9,152,013
*$275,771
$2,106,242
*$155,725
110,421
57,518
118,200
776,956
137,003
1,195,826
587,648
1,104,969
$55,384
*$451,489
Net
ry.
Total
income..
oper.
income
4,371
—
income
deductions
Total
fixed
the
37,817
*$447,748
Sioux
to
be
City
shares
any
$171,277 *$1,825,966
3,201
24,905
23,369
41,640
290,135
292,279
$14,644
166, p.
scribed
for
of
*$492,589
$143,763
*$2,141,614
taxes
1946
1945
(est.)
Net profit
Previous earned
Total surplus
Dividends paid
6,665
1,008
$57,538
$45,509
1947
324,679
229,265
amts.
16,122
17,062
$386,310
$409,912
and
BALANCE
prices
at
30,000
$369,912
$346,310
$259,236
$1,996 in
June
1946
interest income.
years.
30,
JAfter
'
1947
income
securities
$2,738,830), $1,771,355;
total, $1,798,530.
in¬
tax
and
surtax
(est.), $3,385; capital stock
tpar value, $10 per
share), $1,000,000; capital surplus, ,$434,140; earned
surplus (since Dec. 31,
1931), $369,913; total, $1,798,530.—V. 165,
1729.
p.
'
Harvester
Co.—Secondary Offering-LA
Barney & Co., Lee Higginson
Corp. and Clark, Dodge & Co., offered Sept. 8 after the
close of the market as a
secondary distribution a block
group composed of Smith,
of
120,000 shares of
common stock
(no par).
The stock
priced at $83 a share with a concession of
$1 a share
,to NASD members.—V. 166, p. 950.
was
Announcement has been made of a protective committee for com¬
pany's refunding and Improvement bonds.
This follows the petition
filed by the company with the
Federal Court at Buffalo on July 28
for
reoganization under Chapter X of
the Bankruptcy Act.
The
committee, in a letter to bondholders, has stated that it will
partici¬
pate actively-in the reorganization
proceedings on behalf o^ holders of
the issue.
The bonds, of which $11,126,000 is
outstanding'With the
public,, were scheduled to run to Nov. 1,
1962.
Joshua
-
of
39
V.
for
to
is Secretary
of
the
bondholders'
166,
p.
N.
Y.,
for
is
company
stock
alternatives
24
at
first
not
of
-
Inviting
Chase
The
ferred
bids
mortgage
exceeding
to
be
company,
in
stockholders
an
up
to
11:30
a.m.
or
3,000,000
shares,
based
on
reorganization.
advertisement
make
as
™
resolutions
amended
fj?
plated
date
of
certain
of
an
Sept.
10,
that
authorized
their
stock
asks that
is
pre¬
then
providing In
says, because the directors
effect that if Alternative
the company's plan
of reorganization
Jan. 21,
1947, is declared
I
dated
or
Aug. 15,
5
securi,t.1,es to be issued
166
pursuant to
SpCU372eS may bC issued
distribution of
the plan of reorganization.
oa or shortly
°ct- 3i
the
terms
payable
The
the
the
notes
sale
net
will be
of
proceeds
stock
to
of
Ended
of. common
July
from
the
sale
of
the
the
of
stock
additions
of
Iowa
of
to
its
Aug. 31,
1946.—V.
166, p. 567.
&
Net
—V.
taxes:
-
disct./premium &
unfunded
sales
(excl.
of
expenses
Other
&
taxes
.—
taxes
bonds
•."
expenses
and excess
Provision
equivalent
resulting from
June, 1946.
for
to
12,392
342,834
.>.210,181
$1,240,233
the
estimated
profits
$923,995
reduction
34,427,590
1,566,040
3,794,335
25,446,387
2,932,192
$1,086,130
368,483
$5,453,967
518,720
$2,012,280
681,153
$1,454,614
$5,977,687
$2,693,433
163,636
1947
taxes^
restated
salary
for
and
comparative
wage
increases,
taxes
payable
for
$1,021,613
37,863
was
credited
expense.
ordinarily payable
each
were
made
and Oct. 1,
Dec. 18, 1946
31,
1946,
1946.
meeting.
company
and that
?. un?*
on
announced
royalty
April l
that
royalties
property."
year have
"it
income
y* collected but that
these
defer
reduction
*
in
and
from
a
its
reserve
on
the
sufficient
applicable
debt
British
must
sale
of
a
be
funds
V
sha5es ($1°
16°4 pU2547Wd
par)
'
to
be
the
for
company's
ProCeeds w111 be used
offered
at
30
1945
1944
$5,339,331
J
$10,431,664
$7,485,967
716,688
930,820
338,509
$3,940,490
340;904
$6,270,151
347,500
$8,202,655
3,811,522
1883,074
3,272,100
4,903,500
150,000
$6,281,633
149,059
$2,716,512
Dr35,435
$2,650,551
$2,734,452
Drl75,841
Dr34,000
$6,430,691
divs.
$2,681,077
460,908
$2,474,710
$2,700,452
$2,220,169
share
on
$4.84
1,199,520
for
shares,
excess
.
of
499,975
597,780
$2,102,672
$1.64
$752,500
Federal
loss of Wm. Bonifas
Lumber Co.
p. 269.
414,704
$1,974,735
..
$1.85
tlncludes
accrual
or
166,
$10
from
and
The
to
$1.75
adjustment
income
taxes
in
for
and North Star
$2,310,000
Co.
to
supply
De1945.
Timber
capital
.
standby credit of
Bank
and
Pacific
Mutual
Life
for
for
runs
during
15
with
years
equal
fixed
that
annual
«
retirements
of
the
■■
.
(S. S.) Kresge
Co.—August Sales Declined 3.7%-^Period
In
With
1947—Month—1946
$
Sales
$
20,018,530
August, 1947,
701
in
the
$
$.i-
20,782,641 154,448,963 146,446,289
the company had 697 stores
in
operation,
corresponding month last year.—V.
p.
compared
568.
(S. H.) Kress &
Co.—August Sales Declined 8%~
Period
End. Aug. 31—
1947—Month—1946
Sales
—V.
166,
p.
'
1947—8 Mos.—1946 "
166,
Lexing-
for working capital.-^
National
■
divi¬
share
/
•
$2,647,000 $18,017,000 $18,497,000
period, plus additional retirements
depending
company's
earnings.
The
average
interest
cost
to
the
company will be between 314%
and 314%.—V.
164, p. 2410.
•,
•(•''' ..
dividend
a
Off 12.7%—
1947—8 Mos.—1946
additional buildings and
equip¬
refunding of the present first
mortgage Vh.'U
End. Aug. 31—
a
Inc.—August Sales
1947—Month—1946
Security-First
to provide for
loan
principal
upon
the plant operations
thus
net operating loss.—V.
165, p. 2799, *
common stock,
JUNE
1
discount
Kable Brothers
Co., Mount Morris, HI.—Files with
SEC
■f«JoK^C0?pany 2n Sept' 3 filed a letter of notification with the SEC
4.
ENDED
1946
$9,504,034. $2,686,139
927,630.
1,254,350
(net)
1945
Insurance
subsidiary has been
kept for income tax
the
MONTHS
$79,666,606 $58,507,688 -$58,794,464
$66,388,934
62,815,911
49,455,490
48,457,101
54,356,660
7,346,661
6,366,058
4,998,031
bonds.
capital stock.
has
12
below.
Knudsen Creamery Co. of
Calif.—Gets Loan—
°™pany has arranged for a $1,500,000 loan and a
ment
the
deduction, for
on
$1.13
footnote
$5,802,561
per
$750,000
and
The statement also said
shown
action
$2.81
JSee
.
Distributions of
July 1, last, and on April
1,
The board took no
action on a dividend
at
on
$0.59
FOR
Period End. Aug. 31—
retail sales
—V.
166, p. 667.
Irving Air Chute Co., Inc.—Dividend
Omitted—
July 1
$1,348,566
in-
Net
,
Sept. 8
voted to
about Oct. 1 on the
230,454
$3,374,512
(G. R.) Kinney Co.,
136,362
JThis does not include
expenses attributable to the flood at
Otturawa
of $47,669, less related
Federal and State
income
has been charged to
surplus.—V. 165, p. 3395.
on
of
before
TNet profit
Iowa, in the amount
taxes
$18,500, which
directors
370,454
$703,915
484,296
July
to
$1,579,020
$1.33
profit
Co.—V.
$438,818
the
(excl.
inc.
♦Based
$1,059,476
year, due to the
discount and expense
35,859
$3,744,966
1,199,520 shares.
Income
cember
the
160,000
$819,142
115,227
J
share
on
Dr47,859
185,227
Income
Net
include
to
3,141
divs._,
'EARNINGS
Net
purposes, giving effect to retro¬
general
property taxes
and
to
(approximately $563,000) equivalent
of such
pfd.
per
•Profit
ended
$1,614,879
628,130
Net
494,000
$1,117,624
450,871
124,169
months
$3,584,966
$1,787,139
divs.
JNet income of subs
$1,087,330
12
914,918
$867,001
Res. for
contingencies-
634^777
$542,584
the
167,614
2,225,107
etc., InterestFederal, Can., and
Est.
693,078
518,000
;
84,983
502,631
subs—
before
sales
$5,495,724
2,802,459
542,875
;
for
87,727
Bond,
*1946
—
statements of income
for
$5,959,291
13,227,558
433,325
—
-
$1,601,912
inc.
Total
in
Delaware—Earnings—
maintenance—
of
Other income
■
of costs
applicable to
special charges and reduc¬
items.—V. 166, pp. 667 and 995.
purposes, of call premium,
refunded in 1945.
Such amount
«*J
1947—6 Mos.—1946
4,546,306
Cr32,756
income
liability
$1,728,019
and
Cost of sales
apportionment of State and
Federal income and excess
profits taxes
a
basis of approximate
taxable income for the
periods, without)
giving effect to the reduction set
forth in
following paragraph; « f
Federal income and
excess
profits taxes for the year 1945
dend
$2,047,898
9,053
$2,662,318
309,675
terplant sales)
9,789
The
retirements-—
income
been
The
$525,621
1947
Net
on
its
1,142,072
$2,954,435
1,226,415
$1,783,998
Wise,
income
•
571,489
•
■
operating earnings.—L———
cents
$3,189,970
interest
&
♦Based
deduction
non-recurring
and
etc.,
Net
$2,037,924
378,125
-
Amort, of debt disct. and
exp., & other deducts.
25
$818,111
292,490
12,726,629
—
income
Fed.
Prov.
$2,005,371
32,553
37,559
Other taxes
The
$2,945,381
17,808,095
2,087,903
392,169
Crl,234
—
are
Bond,
•Profit
revenues
Operating
and
$3,191,528
Drl.558
.
JDr5,396
1947—3 Mos.—1946
exps.
(net)
679,266
688,797
(net)
,
in
both
are
operating
charge
$823,506
$2,971,993
selling
income
Total
414,189
_
Iowa Southern Utilities Co. of
12*Months Ended July 31—
'
a
1947—12 Mos.—1946
$3,403,992 $16,031,785 $14,085,829
2,508,486
12,840,857
11,140,448
in-
Cost of sales
576,234
$1,797,787
ONLY)
$22,558,316 $15,378,790 $43,680,892 $30,390,860
3,338,888
'
charges
income
refinancing of
Net
$1,689,284
(COMPANY
468.
p.
$7,406,118
2,480
...
special
Income
$2,057,952
INCOME
229,744
1946
786,288
—
Total
$515,480
-
9,11ft
$571,290
terplant sales)
deduct¬
debt—..—
'
income
tion in
330,562
$3,076,061
1,386,776
1,100,268
553,915
,
sold
Kimberly-Clark Corp. (&
Subs.)—Earnings—
notes
643,082
_
limited
are
outstanding
$3,355,409
1,297,456
deducts—
income
tNet
„
the
$846,042
$801,034
Period End. June 30—
Est.
$1,767,034
30,753
a
shares
of
$3,066,941
$802,259
Drl,225
(net)
income
other
166,
Net
property
4,354,833
the
.
-
—
share to
a
$3,357,021,
Drl,613
$4,189,592
3,387,333
taxes
income
Gross
$16.30
1947—3 Mos.—1946
revenues
income
Int.
at
$851,437
5,395
$571,290
oper.
Other
General
utility plant acquisition adjustments'*" > 20Q,000
charged to construction—_ *'
Cr59,375
-ttt*".
♦The
™
on
income
Net
a
STATEMENT
$8,793,949
and
on
1947—12
Mos.—1946
$3,573,774 $16,992,439 $14 871905
2,722,337
13,565,468
11,804964
274,962
loan
Public.
1947
automobiles
$847,477
Drl,225
—
deducts.—
&
bonds
its
service
the
sold
Subs.)—Earnings—
3,558,357
income
exps.
(New York)
sale
31—
•!,•
Net
$2.92
$846,252
(net)
other
(&
$4,405,834
taxes
Oper.
a
portion
of
the
funds
extensions
and
additions
or
expenditures made for such
depreciation
"
far this
Co. of
America—Asset Value—
'
*o??*JA&ue..perJcommon share of this company, outstanding
R^rurnu. 3^4947. based upon the balance sheet on that date, with
$27.36 on July 31, &8ted to Market prices, was $26.76, compared with
Co.
income—*
Operating
sub¬
a
to
with
be
be offered
STATEMENT OF
provide
charges
Federal
400,000
1947—3 Mos.—1946
revenues
income
&
stock.
common
improvements,
treasury in part for
long-term debt
on
Interest
«
investment
will
to
underwriting.
If all
McCarthy will each own 207c
Period End. June 30—
paid with cash derived
of
1947«
it
1947, and $32.94
Int.
principal amount of
unpaid principal amount at the
quarterly and maturing In two
the
on
not
are
tools
without
&
Gross
first
of deht
♦Special
1945,
il!rm]n
^-V
which
of
statement
stock,
stock
Mr.
oper.
Net
common
by warrants or as
subject to allotment.
to
revenues
on
-Amort,
Alter¬
«
The
persons
and
warrants
of
covered
shares
Gross income before
deducting special charges
Interest
$1,166,715
400,000
$7.13
registration
oommon
exps.
Other
to
have
for the
the
shares
earnings from operations before
ing special charges
Other income (net)
registered
effective, and if the effective
declared to be Oct. 3, 1947, as is presently contem¬
p.m. Chicago Time on
Oct. 2, 1947, shall be the record
termination of the
right to effect transfers on the
books
presently outstanding preferred
stock of the
company and for
°,n of holders °f $7 dividend series preferred stock and
series preferred
stock entitled to receive
*u
price
the
shares
Public
pursuant
bonds
dated
(1)
company
native II of
of
Net
tax
agent, and (2) that their
with American National
Bank & Trust Co.
Chicago, 33 North LaSalle
Street, Chicago, 111., transfer agent.
This is
important, the
adopted
offering
additional
a
to
exercise
Taxes other than Federal income
taxesProv. for est. Federal inc. & excess
profits taxes
active
received
Bank, 11 Broad Street, New York
bonds, due 1977; and shares of' com¬
2.700,000
the company's
plan of
in their name, or the
name
correct address is on file
of
from
use
Operating expenses
Operation
,r Maintenance
amount
'
Oper.
of
Net
bonds-.——
National
of
Adair
Operating
subscribe,
shares covered
the
66,359
Iowa
additional
annum
Net earnings
Interest on
Preferred Holders Sought—
\
of
proposes,
shares
for
899
83 184
$2,851,619
for
Operating
Net
1947—Month—1946
19477 Mos.—1946
$4,863,513
$4,658,333 $33,043,147 $28,037,332
760.
$19,400,000
mon
basis
common
its
Months
have
Sept.
for
to
for
COMPARATIVE EARNINGS
12
J
$1,249
82,415
:
_
manufacturer
a
par)
Kentucky Utilities
mortgage bonds, 2%%
series, due 1976, are now
delivery at the Chemical Bank & Trust Co., New
York,
in exchange for outstanding
temporary bonds of said issue
Other
Interstate Power Co.—Invites Bids—
The
of
at
entitled
allotment,
permanent
Definitive
"The
(EDT)
share
held,
—30,294
Period End. Aug. 31—
Sales
*-V.
be
proposes
stock
interest
and
acquire
available
group.—
Interstate Department Stores, Inc.—Sales
„
filed
Definitive Bonds Ready—
Morrison,
166, p. 468.
Broadway, New York,
the
on
will
additional
and
International Railway of Buffalo—Protective
Group—
/»
also
subscribe
the date of issue.
Public
Interest
International
to
Co.
to
common
further
earnings
Amort,
i
warrant
a
a
._
marketable
1947,
dividends
normal
Electric
and
either
Provision
'j".
receivable, $12,836;
•
LIABILITIES—Accounts payable, $442; accrued corporate
taxes,'$651;
Federal
will
purposes.
Sioux City will use the
proceeds
for permanent
improvements, extensions and
$289,236
40,000
SHEET, JUNE 30,
deposits,
$14,339;
demand
market
&
the
reimburse
$42,908
352,373
surplus. Dec. 30—
ASSETS—Cash
of
stock
1,600
40,000
"Includes $3,210 in
terest and
$51,172
7,215
secur.
deducting $84 adjustment for prior
(quoted
*$53,732
tl,691
»
J.
Balance earned
;
—
—
surplus
resulting from sale of
prices in exc. of carry,
Credit
at
*$66,432
7,202
income
on
subject
it
bearing
1%%
per
of
from
to
1947
—:——
and,
$1,800,000,
rate
required
Inc.—Earnings—
dividends
Federal
Va
common
shares
agreement, to issue and sell privately to Bankers Trust Co.
a
promissory note or notes, in the aggregate
and
Income,
of
warrants
by
City
Iowa
6 Months Ended June 30—
of
subscriptions for
Sioux
468.
Inland Investors,
share
Gas
of
stock
dividends—..
Period End. June 30—
and, in addition, to subscribe for 6,592 additional shares
subject
allotment, Sioux City also proposes to purchase at the same
price
to
22,376
3,310
income
♦Deficit,—V.
price
received
years from
Net
holders
same
result
41,801
—
charges—
The
$133,460 *$1,848,342
3,741
$59,755
Misc.
each
109,866
stock
$302,808
Other
for
by outstanding unexercised warrants.
$8,996,288
opers.
"
company also proposes to issue
stock
(par $15), pursuant to
stockholders, at the rate of
'stock
preferred
share
determined
at
1947—7 Mos.—1946
$1,370,704 $11,959,687
1,646,475
9,853,445
Railway tax accrualsEquip. and jt. fac. rts.
ry.
common
common
share.
RR.—Earnings-
1947—Month—1946
expenses
its
the
common
oompany,
($2
stock*
by the board of directors, which price will be approxi¬
mately $3 below the market price at such time, but not below
$15 per
Belt
revenues-
to
be
Period End. July 31—
Ry.
addition
500,000
$2,934,034
A
outstanding
common
board.
The company is inviting bids for the
purchase as a whole from it
of $3,500,000 first
mortgage bonds, due 1977.
Bids will be received
by the company at Room 3700, 30 Broad Street, New York
4, N. Y„
up to 11:30 a.m.
(EDT), on Sept. 16.
In
taxes
p. 2672.
lo
number
3285.
p.
Mr.
additional
series
on
mr
SEC
covering 32 000
by two stockholders
The
sellers, each of whom is
selling 16,000 shares, are Herbert J.
Adair
Chairman of the executive
committee, and Jerry McCarthy, Chairman
of the
Iowa Public Service Co.—Bids Invited—
Rent
income
June 15
$35,802,917 $24,955-jm
5,869,543
2 151*856
2,435,509
90l'9qT
conting.—
Kent-Moore Organization,
Inc.—Registers With SEC—
The
shares
1.584
rev
for
and
preferred
shares
165,
Sept.
investment
subsidiary.—V.
$1,584,100
251
revenues
Uncollectible oper.
$179,286
Capital shares outstand.
per
provision
British
in
Net earnings
Earnings
after
Earnings per
-
856.
p.
state
dividend
Common
$6,638,714
•687,525
June 14,'47
and
foreign
contingencies.
for
for
—V.
subsidiary
$60,642
*160,434
—,
taxes
Fed.,
Profit
30,000
Subs.)'—Earnings;—
profit
Prov.
138,000
15,000
for
Provision
$335,384
152,000
conting.___
reserve
against
(&
Ended—
Profit before
'
Net
Weeks
sales
Prov.
291,600
(net)
investment
$869,939
$148,785
for
Add't'l
$1,431,340
356,922
for taxes
Provision
$440,386
$347,236
Income
Reserve
24
'
'
income
1947—6 Mos.—1946
Net
Selling and gen. admin.
expenses
I
Total
Kendall Co.
1947—3 Mos.—1946
de¬
preciation
Other
201,842
18,300
Gross
Profit
Co.—Earnings—
32,157
reV,_
oper.
revenues
Period End. June 30—
^
operatePhas
J^e' f ' unit
lt
four
near
Illinois Bell Telephone
ODeratine
and
construct
Bliss, Idaho, C. J.
The proposed $17,000,000 development will be a
capacity of 100,000 kilowatts.—V. 166, p. 5b/.
Snake
the
,on
has filed
license
a
FINANCIAL
&
Intertype Corp.—Earnings-
Idaho Power Go.—Plans Plant on Snake River
mission
COMMERCIAL
"
v
1947—8 Mos.—1946
$11,152,716 $12,125,173 $92,309,878
$88,749,694
667.
L'Aiglon Apparel,
Inc.—Sales Increased—
'
Fiscal Years Ended June 30—
sales _1
1947
Net
Net
earnings
Net
current
current
per
common
assets
liabilities
of
at
share./
June
$430,581.
30,
Net
1946
$4,486,680 $3,438,742
''
,"$9.81
$0.3Q
X94T.,Were $1,448,191,
traykf&g
1945
$3,185,064
$0.18
as
against
capital amounted to
Number 4629
166
Volume
Mines, Ltd.—Earnings—
Lake Shore
Master Electric
1947
$1,130,947
743,996
97,078
13,345
Ended March 31—
Quarter
,
THE COMMERCIAL
oi production——~—.— ■
—
Operating expenditures—-**—_,_;—
Value
(direct)--———
Depreciation —.—,
____
———.—
Taxes
—
—
1946
$1,358,244
Net
684,796
191,225
outstanding
Capital shares
Earnings per
share
2,000,000
$0.16
2,000,000
$0.23
—
—
profit
Other
from
profit—
♦Net
for
for possible
746,371
$0.24
OUtstdg.,
Capital shares
share--—
Earnings per
value
$250,139
Net
Federal
Other
of
decline in
26,455
29,488
306,800
611,500
300,000
746,371
Common shares
$3,703,742
earned
746,371
746,371
$1.38
2,120,431
Earnings per
*
249,932
249,932
$1.40
$2.79
share.
SHEET,
hand
and
♦After provision for Federal income taxes and minority interest'in
subsidiary.—V. 166, p. 160.
"/
$216,204
$210,828
568.
p.
-
$1,861,060
deferred
$1,656,758
Net sales
166,
:761.
p.
'
JUNE
30,
-•
$2,343,132
404,868
375,000
adjusts.—
21,593
21,593
25.9,116
259,life
9,743
10,036
140,*49
93,005
1,904
1,050
$89,830
$65,699
$1, 620,846
1,627,545
app.ic, to pfd. stock for the period—
266,856
266,856
$1,353,990
$1,360,689
Dividends
Balance
Bales
1947—Month—1946
1947—7 Mos.—1946
$7,562,382 $7,670,632 $57,998,471 $54,707,255
Sales
♦Earnings
share**—
common
per
.
preferred dividend requirements.
"♦After
■ ■■
90,
almost 20
total
the
Of
years.
Sales
__———■
will replace
and Western districts, while the 115-pouna
lighter rail now in use on the Texas lines.—V. 166, p.
7.86%
Sales
(net)
in August,
as
the same
August, 1947 had 199 stores in operation,
in
company
number
Cost
1946.—V. 166, p. 568.
sales,
of
J.
Hersch, Russell N. Levin, Graham Magee and Harold F.
been .elected additional directors, increasing the member¬
Henry
have
Miller
6 Mos. End. June 30—
Net
five to nine.—V. 166, p. 667.
ship of the board from
inc.
per
com.
sh
—v. 165, P. 2547.
$80,946
$43,132
$1.20
$0.57
for
reserve
(& Sub.)—Earnings—
$3,039,143
Earns,
♦$2.60
♦Based
2-for-l
1,170,318' shares now issued
split effected July 10, 1947.
on
stock
$1.40
and
class
1944
$626,750
$1.44
directors
declared
have
share
per
this year—V.
The
&
company
Sales
with SEC—
Boston,
shares
Is
3145.
P.
*_——_—*
—V.
4 filed a registration statement with the
(no par) capital stock.
Loomis, Sayles
investment manager for the fund.—V. 164,
Co.—Earnings—
Operating
rever.yesT__^"t
Operating expenses.
Federal
.-A*.
taxes
_'
1947—Month—1946
1947—12 Mos.—1946
$1,237,775 .f,$1,165,589 $14,414,636 $13,570;986
757,892,-.
559,316
7,794,159,, 6,877,017
121,540 '
159,596
2,009,538
890,606
78,111
77,712
906,975
909,711
166,
JtHS
/Michigan Bell Telephone
Period End. July 31—
•
'(
31—
♦
/—
taxes
Property
retirement reappropriation..
of utility plant
serve
j
.Amort,
88,000
adjusts..*
21,413
21,413
256,958
256,958
revenues...
$170,819
$231,312
$2,346,966
$2,458,654
acquisition
;
Net
-
Inc.
oper.
from
to
■
taxes
taxes
Federal
Other
424,122
269,285
—
166,072
*
Property retirement and
depict, res. approp.—
Amort; of Umlted-tdrm1
investments *—31 A>.'
124,447
■
and'-
Int.
$170,913
$231,365
$2,361,563
499,505
$2,496,026
505,040
mtge.
to
......
.income
2,979
3,716
construe-
16,095
Oper.
$132,162
;**.
218
$186,601
period—
$1,798,940
4,631,345
356,532
$1,364,075
Net
(Ky.)—Weekly Output—
the
previous
52
Taxes
—*
expenses
$192,241
——-
103,588
deducts.
213,350
I**__
——
Equipment rents
Joint
facility
'*.
1,490,777
189,509
Cr3,612
28,704
27,477
226,149
*,
income-
$118,763
$1,255,190
^
15,489,328
Net
ry.
oper.
49,466
79,693
290,791
$160,938
$168,229
$1,334,883
$934,221
106,513
105,509
731,020
913,009
Income
Gross
Rentals,
income
interest,
etc.—
income
Net
166,
Net
income
*
$54,425
$62,720
$603,863
been
called
Co., Ltd.—Partial Redemption—
operations*
income, credits
fpr. redemption
on
Oct.
T.
income
1——_
and
capital stock taxes—
"
Misc.
next, $6,500 of
Payment
for
charges
.
•
Net
♦Earns,
♦After
p.
67,137
1,323,635
1.754,148
Income—*
149,560
543,006
607,154
408,883
477,321
1,831,618
530,004
445,303,
469.
6
$963,450
Months Ended June
cost of
Co., Inc.—Earnings-^
30—..
59,254
$2,720,627
1,447,439
-
shares outstdg.
$1,493,829 *
1,243.800
share*
preferred dividend
per com.
$769,790
1,059,1^6
—~
Operating profit
income
$5,591,348 $2,617,077
48,044
196,880
$5,639,392
$2,813,956
2,252,184
,1461,391
197
84,865
7,339
;
3,058
$977,707
$3,302,343
$1,630,666
$1,280,528
1,243,800
•
#1.18
$772,849
:7,292
474,723
H-f 3,323
289.110
————-*——————
Total
-
deductions
———
normal tax and surtax
.State income taxes ********—
Other
JS-Vr •'
'
■
■
„
v
w'
.*».
'
••
■>
t, -i
<!■
.
"
■
Net profit —
tEarned per share
----rrr-;
,
of common
'
♦Earnings
of
the
"capitalization of new
stock—-v
old corporation
.
(adjusted)
company.—V. 166, p. bb».
J"-"-
.
>Y«1
:
*'
:
14,297
23,955
Fed.
21,899
1,243,800
1,243.800
$0.72
$2.51
requirements.—V. 166, p. 668.
$1.13
$1,828,946
$1,273,188
profit
Expenses
Other
'
;
1
^
JU.Se $8.859!o74
9,993,009 7,030,^
„—
goods* sold"z:**—*- —
Gross
Subsidiaries)
692,969
1,011,054.,
95,680
■"•""••
>,,:•> ./•;■!;
■
,
\£5,447
,
$255,155
$272,136
94,911
$963,450
$1,670,873
$2,564,136
——
income
Common
oper.
166,
—V.
\
.
761.
ry.
68,217
1,697,346
»
'
1—
from
Net
49,266
income.**
from railway—*
railway—*.**
Net
Co.—Earnings—
; 1947—3 Mos.—1946
$2,539,873 $1,500,493
24,263
170,380
income
,5%%, genera] mortgage bonds due 1956 at 101»/2 and interest.
; Win be made^t The Royat Barrk of ^Canada in Halifax, Charlottetown,
tBaittt \Johnv-'Quebec,"
Montreal,, Ottawa, Toronto, Hamilton, Winnipeg,
-Reglna,- eajghr^, Edmonton; Vancouver< or Victoria, Canada.—V. 166,
oper.
1946
$254,269
55,735
45,609
railway
from
ry.
From January
1944:
•
1945
•
-1947
railway*—
Moore-Handley Hardware
$425,119
Domestic and Canadian
from
Other
$21,212
Prov..
Maritime Electric
Net
300,000
:
$
!
538,781,708
$212,648
34,221
.
Net
—-—•-—•
profits credit-
$
91,864,402 644,001,569
Earnings—
t
from
Gross
———
Period End. June 30—
Gross
have
$1,967,950
1,004,500
1947—7 Mos.—1946
1946
$
856.
(Including
$3,955,481
166, p. 668.
July—
65,690
$1,703,624
1,578,504
Minneapolis-Honeywell Regulator
166, p. 568.
■There
$1,902,261
$125,119
—
®
■
.■■..
97,333,752
Gross
*
Profit
—V.
p.
957,534
$5,310,436
-August Sales Up 6%—
Co., Inc.
1947—Month
31—
Montour RR.>
14,933,643
24,264
taxes arising from
Fed. income
of
o9-j4e am
$1,679,359
income———
carry-back of unused excess
—V.
Other
* * c
$643,430
12,211
refund
$4,'913,015
957,534
856.
p.
■.■'.
,'1
Co.—Earns.
„\9iJeor,
'
income
gross
166,
—V.
Railway & Transport
income
Net
Est.
197.439
$148,727
Cr5,664
$6-267:97(1
—-
——
Montgomery Ward &
T.
Ended June 30—
from
-V.
$274,144
1947—7 Mos.—1946
$1,697,133 $13,487,199 $11,943,706
10,299,837
9,982,058
1,388,723
1,444,604
"
813,473
147,280
Dr261,419
Dr307,306
Url4,890
(Dr)
rents
>
Sales
operating revenues**
Non-operating revenues (net)**
Deductions
Balance
Period End. Aug.
$358,634
$71,622
$88,653
Net
Gross
1947—Month—1946
$1,854,105
—
300,553
income—$512,035
$37*9,192
to pld. stock for the period**
Net
$423,518
149,374
revenues,'railway and bus—L'*—■—
J..!
expenses and taxes*.
Operating
weeks, an increase of
$108,416
36,794
2,597,705
49,413
150
1,036
Dividends uppllc.
1,573
$571,985
2138.
p.
Operating
Maine Central RR.—Earnings—
revenues
2,337
******
.....
income
165,
237
$0,062,696
1,333,419
169,144
Crl,990
tion
$421,945
$571,748
40
■
:
Period End. July 31—
and deducts.
chgd. to construeint.
''
5
5.4641
$8,704,179
358,517
•
173
690
expense———
Other
1,574,450
$108,375
$192,246
Dr5
Milwaukee Electric
26.6%.—V. 166, p. 951.
Operating
«Operating
$1,996,394
$2,276,896
1,705,148
$500,243
391,868
383,653
(net)—
other
12 Months
output
for
—*—*
3,521
discount
of debt
and
^ A
91,609
t
$7,705,613
1,140,417
95,833
mtge.
Amort,
,
$575,899
income**—
income
and
—V.
kwh.
94,875
7,520,103
Electric Co.—Earnings—
1947—3 Mos.—1946
1947—12 Mos.—1946
gnd .taxes-
oper.
Gross
Int.
166,, p. 951.
1,341.775,000
bonds****
Gross
Int. on
$7,596,869
;
revenues**—
income
Other
of this company for the week ended Sept. 6, 1947,
34,350,000 kwh.,
as compared
with 26,352,000 kwh. for the
■'Corresponding week lasfe< year, an increase of 30.4% .
Output for the 52
.weeks
ended Sept.
6, 1947, totaled 1,698,055,000 kwh,, as compared
P.
$4,695,659
898,043
income——
$470,211
income
- )
$7,642,440
63,173
-
$1,720,607
356,532
$1,442,408
*
Louisville Gas & Electric Co.
•
$902,581
357,996 *
667.
p.
exps,,
Net
\
6,5l5
to pfd. stock for the
/
Electric
:
$468,595
,62.759
10,563
I
totaled
■.if)
42,681,016- 37,034,336
6,311,072
7,351,759
-
Period End. June 30—
*■-
*
Balance
"ic
5,982,980
931,361
$805,783
Int.
223,715
73,681
——
—
<Cr; r-
;with
166,
Operating
deducts.
and
Dividends applic.
—V.
42,003
41,550
bonds**—
expense
chgd.
Net
7,321,701
720,333
revenues**
(net)
oper.
1
v
3,861.
'
$472,690
Other
$7,816,922 $53,687,747 $51,982,964
income
charges**
Michigan Gas &
debt discount
int.
;■-.! tion
operating
after
—V.
(net)
$8,510,629
_*
■
■
>VU3
$592,104
13,679
Net
4.
;
'} A
of utility->&lajnt r*
acquisition adjusts.***
AfworU
$52,107,411
"J 3k
*-*JJ :,dv
■
,500,000
1,500,000
123,000
125,000
,
■ ■ ■
$1,375,667 $20,002.0.95 $17
387,004
5,485,463 * 4, 964,796
997,475
252,342
3,46o,946
,767,504
138,631
1,891,272
$1,576,533
Operating revenues—*.*
Operating expenses*—*
V
37,372
of
Other
Net
28,943
-
Operating expenses —**
Operating taxes
_
-V
16,671
income**—
on
Amort,
Dr2,074
.
53
rev.*
oper.
Operating revenues
Net
81
income
Gross
Int.
—
13
2,178,040
1,100,040
116,240 :
leased
plant
others
Other
Uncollectible
-1946
941,027
Interest on debs.——
lOther
.
1947—12 Mos.-
1947—Montli—1946
-
$7,835,032 $53,856,568
18,110
; 168,721
Room 901,
Sept. 16.—
.
,
■
1947—7 Mos.—1946
1947—Month—1946
first mort¬
Co.—Earnings—
Montana Power
Co.-nEarnings
revenues$8,539,572
Operating
,
Period End. July
-.v.•■■•'
^ '■,, '■
• VAjJUA-y imr-. <
568,
P.
;.•-•■?• ■;
l,
July 31—
inviting bids for the purchase of $7,000,000
gage bonds, due 1977, and 40,000 smues oi uuliiumim'u j,—
series B.
Such bids will be received by the company at
50 Broad St.,. New York 4, N. Y., up to 12 Noon (EDT) on
V. 166, p. 762.
.
•:
'.'/■
'
7
V
Sales Off 5.4%—
Invited—
Monongahela Power Co.—Bids
$8,169,600
———
—v.
$182,829; other
Company is
1947—Month—1946 ;
1947—7 Mos.-^1946
$8,634,800 $58,283,300 $33,523,300
31—
Period End. Aug.
Sales
Louisiana Power & Light
.'■"
<'•/,;',■••'■
166, p. 568.
receivable—non-current
accruals, wages, etc., $448,992; reserves,
capital stock ($20 par), $10,620,000; capital surplus, $567,582; earned surplus, $8,683,783; total, $26,214,018.—V. 165, p. 3170.
1947—Month—1946
1947—7 Mos.—1946
$4,152,448
$4,151,229 $25,285,416 $25,515,729
Mercantile Stores, Inc.—August
•
Period End.
'
materials, goods in process,
notes
$273,700; property, plant and
$10,887,146), $5,000,372; other
$2,220,000;
Co.—August Sales Slightly Higher-r
31—
hand, $2,005,479; accounts receiv¬
accounts receivab e—other (less
on
payable—trade, $1,039,011; accounts payable
and State taxes on income, $1,827,168; other
LIABILITIES—Accounts
accrued taxes,
y
McLellan Stores
and
banks
in
reserves), $2,960,203;
(less
—other, $624,652; Federal
oh the
Sept.
on
10,000
Inc.,
to holders of record
previously paid each
1
company's operations, H. B. Widdell, President,
first eight months of this year, as in the like
period
last year,
dollar volume of new contract work was mucn
greater than in any other similar peacetime period.—V, 166, p. 160.
166, p. 568.
covering
Co.,
the
on
during the
that
stated
Period End. Aug.
6EC
share
This compares with 75 cents per share
Commenting
37Vi
on
Loomis-Sayles Mutual Funds—Registers
Oct.
per
$2.34
1947
JUNE 30,
reserves), $175,129; investments,
equipment (less reserve for depreciation,
assets, $549,136; total, $26,214,018.
In
basis.
of
dividend
quarterly
regular
a
$1
of
531,000
$2.33
reserves), $111,239; Inventories of raw
finished goods and supplies, $15,138,761;
Dividend
addition, the company on Dec. 20, last year, made a
special payment of $1 per chare, which brought total dividends in
1946 to $4 per share.
-■..>•
V
At a special meeting to be held in October, the stockholders will
vote on a proposal to split-up the class B
stock on a three-for-one
the common stock, payable Oct. 15 to holders of
record Sept. 30.
This is equivalent to 75. cents per share on the old
stock
which
was
split two-for-one on July 10, -1947.
Dividends of
50 cents were paid quarterly on the old stock in July and April of
cents
ASSETS—Cash
dividend
$709,297
531.000
(less
payable
value,
par
no
a
$707,251
share**
per
BALANCE SHEET,
Stock—
declared
have
stock,
quarter.
after the
outstanding
B
Sept. 20.
Cents Payable on New Stock—
37 V2
The
1945
$609,660
$1.93
sh.—-
com.
per
s
directors
The
$1,240,297
531,000
********
—
—
Earnings
able—trade
\
1946
$1,131,103
1947
taxes—
after
contingencies.
(Arthur G.) McKee & Co.—Declares Larger
.--U-
6 Mos. End. June 30—
Surplus
$1,238,251
531,000
——*—
Capital shares outstanding———.
574,376
$1.16
tAfter reserves of
$0.45
.
■
Lion Oil Co.
t$668,055
572,000
$1.92
568,400
$2.24
for
$150,000
—To Split-Up Class B
Net
♦$1,273,438
—
share
per
1945
■';-.
$1,097,118
■
——
Dividends paid—*.
1946
1947
; :
$175,000 for contingencies.—V. 166, p. 568,
$36,088
$3.01
chgs."
outstdg.**,
shs.
♦After
$189,480
taxes
Fed.
and
Earns,
1944
deprec.
alter
Net earns,
v
Earns,
1945
1946
1947
6 Mos. End. June 30—
all
'
taxes————
Capital
Co.—Earnings—
Lindsay Light & Chemical
after
inc.
and
-
v
.
period————
for the
Net income
$15,272,235
13,241,938
790,000
19,7§3,025
taxes***—
income
State
and
Federal
(& Subs.)—Earnings
McGraw-Hill Publishing Co., Inc.
862,000
$21,833,276
—
—*
deprec
exp.,
Directorate Increased to Nine Members—
;
1947
1946 '
$21,778,628 $15,255,112
54,o48
17,123
*
(net),
income
and other miscellaneous
Interest
steel
952.
Inc.—Earnings—
30—
Total income
The
.:/•<':
miles of
60.4
for
spent
be
company's Southern
1947—Month—1946
1947—8 Mos.—1946
$6,571,153
$7,132,010 $51,804,520 $49,033,576
-
^
•
will
$3,064,500
amount,
132-pound and 209 miles of 115-pound rail while the remainder—
$2,153,892—will go for rail accessories and labor Incidental to placing
it in the track.
All of the 132-pound rail will go into track on the
Oct.
on
of
rail
Mohawk Carpet Mills,
Period End. Aug. 31—
Replace Old Rails—
this company will spend $5,217,392 for 132- and 115*
it is announced. Tne new and heavier steel whl replace
110 and 115 pound weight, some of which has been in
6 Months Ended June
2,476,937
$2.00
1,876,088
$1.50
profit after charges and taxes—.—■*—>
.Net
■
——
———-
i
,•
McCrory Stores Corp.—August Sales Decreased
1946
$50,441,450 $47,046,404
1947
July 31—
Six Months Ended
•■
-
;.i
11,534
1948
service for
FIRST HALF OF YEAR
FOR
CONSOLIDATED RESULTS
——.
rail,
pound
166, p. 667.
i J,'
: :»i....
111.—V. 162, p. 1172.
?
——*
Missouri Pacific RR.—To
called for redemption
has
—
69,736'
166, p. 270.
During
1, 1947, for ac¬
count of the sinking fund, $150,000 of 15-year 3'/4%
debentures,, due
Oct. 1, 1958,
at 101 >/2 and interest.
Payment will be made at the
Harris Trust & Savings Bank, trustee, 115 West Monroe St., Chicago,
Corp.—August Sales 1.4% Lower—
——
—.—
-V.
construe-,
income
(trade),
if;
'■■'■
-.
to
(Cr)—
Net
(Oscar) Mayer & Co., Inc.—Partial Redemption—
corporation
chgd.
Int.
portion
$3,907,386; total, $8,296,070.—V,
,1
7,858
$2,355,343
$8,296,070.
payable
925
31,250
income
of
1947
'
The
Lerner Stores
total,
current
$349,272; earned surplus,
'
Period End. Aug. 31—
$71,683;
(others), $23,343;
7
Other int. and deducts.*
$184,474; accounts pay¬
of long-term bank loan, $175,000; accrued liabilities,
$396,513;
long-term bank loan, $2,460,150;
reserves, $550,000; common stock ($1 par), $249,932; paid-in surplus,
able
1947—Month—1946
1947—8 Mos.—1946
$3,142,052 $3,144,800 $32,346,177 $29,112,940
31:—
charges,
LIABILITIES—Accounts
,
Bryant, Inc.—August Sales Slightly Lower-
Lane
period End. Aug.
—V.
1947—8 Mos.—1946
1947—Month—1946
31—
Period End. Aug.
Sales
42
;■
$127,528
»ivfwf (others), $4,733; inventories (est.), $x,o91,i:0o; oiner assets,
—V. 166,
$2,335,274
51,615
$113,794; fixed assets, at cost (less reserve for depreciation and amor¬
tization, $1,849,769), $1,341,221; patents and patent applications, $1;
Inc.—August Sales Off 2.5%—
(M. H.) Lamston,
$2,354,418
758,298
$170,877
deposit, $2,519,099;
on
„1
acquisition
U. S. Treasury
savings notes, series C, at current redemption value, $34,752; accounts
receivable, customers (less reserve, $17,000), $1,619,588; accounts reon
763,000
$127,521
mtge.
on
tion
BALANCE
ASSETS—Cash
£30,000
bonds*—*,
utility plant
Int.
*
$136,690
249,932
$0.55
$697,631
outstanding—..
common
$2.84
$0.94
$350,495
surplus....
74,000
$170,835
revenues
income
Gross
market
inventories——*
to
80,000
83,850
150,000
taxes
income
62,265
1,396,764
956,194
*
oper.
6,523,570
1,374,264
81,472
—*
retirement re¬
appropriation-
serve
Amort,
$1,110,263
703,809
$209,673 , $1,662,505
181,397
1,028,822
——
$1,635,586
deductions—; 12,859
Prov.
Net income
before Fed. inc.
minority int.—-
and
34,627
$820,154
Prov.
Profit
$215,5U
61,257
1947—6 Mos.—1946
-3 Mos.—1946
1947-
30—
$1,574,328
49,289
$11,754,406
98,268
77,260
taxes*—
Property
$770,865
.......—w
income.
Income
Lambert Co.—Earningsperiod End. June
Federal
$888,226 $13,477,675
7,89o,29J
532,968
616,179
Operating expenses**
4,322,607
616,248
operations—
income—
Gross
74,056 tons milled.—V. 166, p. 372.
1947 quarter there were
In the
5,321,468
776,020
404,278
.
1947—12 Mcs.- -1946
1946
1947—Month-
$1,042,542
Operating revenues—**
Other taxes
$467,202
——
—2,846,205
*
$5,154,366
$7,671,817
15,021
——$326,529
;—
i
sales
Period End. July 31—
—1947 6 Mos.—1946—
$4,021,349
—_
Selling, general and admin, exps
Net
profit——
Net
3 Mos., 1947
sales
Cost of
Mississippi Power & Light Co.—Earnings—
Co.—Earnings—
Period Ended June 30—
-
13
(1053)
'CHRONICLE
FINANCIAL
&
$774,554
,;*w-$1.47
,
B.117
;ft^$0:85
..'teased ori"
LI
THE
(1054)
Mountain City
On Sept. 2,
the company's
the
operations
of
suspension
the
ordered
$206,000 for income
share outstanding.
at
of
the
or
on
to
of
for
837
Period End. July 31—
to
absorb
$5,236,607
oper.
—V.
Operating revenues
Operating expenses
operating taxes
$5,223,777
$4,602,723 $32,273,421
4,595,278
3,802,142
433,555
operating income
Net after charges______
—V. 166, p. 668.
456,469
$344,112
$1,465,955
70,785
247,597
23,624,426
$3,998,234
.
£ales
$9,262,608
The company in
a
166,
.Plans
values
of
certain
raw
165, p.
values.—V.
of
2,593,893
1947—Month—1946
$1,226,252
material-
1
,
10,000
W.
$9,092,074 $68,103,002 $65,771,746
1947—11 Mos.—1946
$938,652 $14,399,541 $14,477,612
Steel
Corp.
The
coal
land
of
-
•
:
■
Weirton
Mine
located
includes
tract
within
miles
six
sales
of
divs
1946nri
$126,849
$82,782
1,569
3,573
46,290
31,121
securities—
$51,375
Interest
-
~~$174,708
$117,475
28,062
Total
19,667
-
The
'
*Of
which $94,086 in
directors
the
$69,284
of
$146,646
U.
from sales of securities.
1946
$55,445
F.
48,462
*210,848
in
—
$51,906
$97,808
"'269,059
64,383
first
S.
Sept.
on
the
of
charged to surplus
nonferrous
Wardlaw,
six
months
for
as
loss
'
of
.the
$9,510,263
Net
in
-
—
95,108
the
Jr.,
$355,801
have
before
stated
continued
when
1946
is
company
depreciation
without
Net
funds
•
to
$13.75
share
for
711,041.6
net
outstanding shs., of cap. stk. of $1 par value each
per
at
The
directors
payable
Oct.
dividend
is
securities
July
I,
1
have
to
derived
during
from
1947.
net
A
dividend
a
of
record
profits
like
cents
each;
.
were
and
of
Sept.
20
realized
amount
A
sales
on
op
follows:
as
40
of
April
•
made
24,
of
paid
was
•
165,
and
1
1947
Net
income
•Earns,
♦On
share
com.
1,335,607 shares
,$0.77
„
of
1945
,
$0.83
$0.48
stock issued.—V.
common
6
Mortfhs Ended June
30—
1947
*'
Net
$
sales
Other
;
—
income
■*
'
Operating
Interest
funded debt
.Provision for Fed.
The
1945
'
$
'
Net
profit
697,232
—
Common
shares
Earnings
per
.7,900,000
V.
166, p.
11,802,554
6,255,247
$1-88
$1.53
,i
•
.
T_
Net profit
Common shares
Earned
•On
;
108,000
outstanding
share
per
adjusted
7,977,771
__
basis
117,708
11,021,000
Irwin
of
419,941
'counts, retifrns
.
and
of
goods
For
Net
1,183,850
profit—
17,699,535
$1,960,283
$1,546,692
320,574
$2,125,496
$1,867,266
153,167
1
153,908
660,100
deductions—-—
for
881,540
income
taxes.
profit-———.
Common shares
outstdg.
Earns, per com. sh
L
755,500
2,283,271
"
H
p.
1,722,527
.
$2,718,552
349,346
$2,531,446
1,679,869
opers.
$0.93
after
deprec.
ruKo^L1!}00??®
2™, for possible
°i\S
Frov.
*
Provision
for
—
7"—
inventory
income
losses.
tar.es
31,058
$451,387
15,0^4
$635,601
16.641
44,448
Crl6,837
♦In
the first half
of
$86,539
174,956
206,000
f
381,300
474.861
net
$228,746
474.861
*$34,897
$0.18
1946 the
$0.48
$0.07
profit
was
and
660,000
shares
common
474.861
$37,745 after provision
div.
decl.—i—
630,469
•
•
,
shs.
per common
$390 469
$238,946
219,986
215,794
215,794
$1.48
$1.81
outstdg.
share
available.—165,
—
3056.
p.
•'
.
.
Norfolk & Western
Period End.
July 31—'
Ry.
oper.
oper.
$1.11
•,
v
Association—Output—
of
8,356,151
7,808,225
61,307,971
52,142,331
'
Net
revs—
$2,509,182
Railway tax accruals—
1,763,330
oper.
ry.
$3,700,400 $30,943,3&3 $18,946,109
2,145,434
12,499,916
17,627,675
$745,852
income-,—
$1,554,966 $13,317,710
$6,446,193
rents
(net)-
Cr877,405
Joint
rents
(net)_
Drl5,904
Cr747,745 Cr5,811.211 Cr5,336,772
Drll9,683
Drl4,686
JDrl05,054
income-
$1,607,35.3
$2,283,025 $19,023,867 $11,663,282
_____
158,545
facil.
Net
Other
reports
electric
ry.
oper.
income
237,716
1,038,435
2,039,061
Interest
debt
170,341
$2,525,741 $20,082,302 $13,702,343
1,212,730
172,955
1,195,675
___i—__
$1,595,557
$2,352,786 $18,866,627 $12,489,613
funded
on
$1,765,898
.——-
output
Net'income
981,834
Sinking
&
fundc—
res.
Appropriations
reported
1.04%,
at
118,877,000
above
ft.,
117,-
of
92,955
Misc. appropriations—
cu.
production
______
200,000
Balance
—V.
of
Income—
89,493
$1,302,602
166, p. 953.
58l,8'57
603,477
1,000,000
$2,263,293 $17,263,150 $11,907,756
'
.
kwh.
1
called
of
'"f i
Ry^—Earnings—
expenses—-,
•
ago.
been
•
1947—Month—1946
1947—7 Mos.—1946
$10,865,333 $11,508,625 $92,253,356 $71,088,440
revenues
Ry.
Total- income
is
i
•
$325,335
•
..
or
'
X
Equipment
January,
week
'' i
•
1
100,000
■
income
Ry. oper.
i60.
North American Car Co. (&
-
for
redemption
general
and
on
Oct.
Net. income
for
Prov,
Net
1,
1947, at 107 and
mortgage. V/*%
bonds,
refunding
6 Months Ended June 30—
>
after
Fed.
Subs.)—Earnings—
^
316,400
$243,534
1S47
-•
_
$759,398
charges——___'
income
*1946
$344,834
101,300
$442,998
*
taxes_——
—
.
>
'
■
Redemption—
RR.—Reorganiza¬
income—,—
Preferred
dividend
Balance
for
figures
$243,534
$2.71
$1.61
share——.—
include
Line
only one month's earnings of North Western
subsidiary acquired May 31, 1946, while the
full six-month earnings of this company.
tBased
Co.,
figures include
1947
on
y
$406,998
common
36,000
;_
common
per
^Earnings
•These
requirements
a
150,381 common shares outstanding.—V. 166, p. 306.
-
will become
of
After
property..
listening
fate
of
the
the various objections,
chiefly
Boston & Providence RR. and
centering
claims
of
around
the
Boston
"Nothing has been said which leads
or
Hincks
Under
capital
be
the
wise
to
change
me
the
to
believe
wording
of
that
the
it
con-
of
of
$95,700,000
009,000
ficates.
in
of
first
Judge
will
be
$45,000,000
mortgage bonds;
made, up
of
of
$98,200,000
preferred
$87,800,000
underlying bonds, and $27,000,000
stock
income
in
(par
bonds;
in equipment
com¬
$100);
$21
Massachusetts
courts
"where
it
belongs."
disapproved
plans for reorganization,
of the
Boston
&
Providence, the Federal
District Court would have
"complete flexibility" of action.
said
132,764
$557,978
63,349
$1,057,906
$494,628
174,887
Deplet.,
169,360
$907,894
—_J_
251,950
249,840
aband.
292,781
246,572
253,425
156,343
$732,468
$411,481
$629,594
14,655
15,192
15,232
$168,921
13,108
production
depr.
&
Operating
profit
and
■____
income
Net profit
that
if
the
Massachusetts
.
Est.
before Fed.
court
Net
$426,673
$644,826
240,000
130,009
135,000
profit to surplus-
$507,123
$296,673
$509,826
271,659
271,659
135,830
$132,029
81,498
$1.86
$1.09
$1.80
$0.48
DividendSt
income
paid
Earnings per com. share
BALANCE SHEET,
ASSETS—Cash
and
$182,029
50,000
$747,123
tax
tax
Federal
-
Concerning the Boston & Providence RR.
affairs, Judge Hincks said
the order which
he signed on petition of the New
Haven reor¬
ganization committee left the
reorganization of the Boston & Provi¬
dence carrier to the
Hincks
$1, J90.670
114,685
$1,277,199
of
expenses
trust certi¬
that
Judge
$1,022,579
152,620
—__
neces¬
plan the New Haven will have a
-new
$375,000,000 as compared with its
old
roughly $500,000,000.
$100);
1944
1945
.
$1,429,819
by-prods.
about
capital structure
(car
&
paid
income
structure
new
stock
oil
of
Other
is
order,"
.
The
Sales
Royalties
1946
1947
the
reorganization
structure
capital
mon
would
said.
?
North American Oil Consolidated—Earnings—
6 Mos. End. June 30—
Cost
to
Terminal
bond
holders.
Judge Hincks signed
the
order
with
'remark that it was ^altogether
plain'to me that the objections
; stUute
no
sufficient grounds to
stay the proceedings."
.
$224,246
139,500
£rnitl. lares share
,outstand^g
Earnings per
-
the
$604,543
6o,759
Profit
—
against
tNot
of
25
due Oct.
transfer
6 Mos. End.
$390,628
1945
$8,122,279]
703,335
.
.
1946
.
$206,000,000,
June 28, '47
$207,822
1947
$9,539,543
Earnings
was
1, 1975. Payment will be made at The First
National
& Trust Co.,
trustee, 42 Church St., New Haven, Conn.—V.
164
1635.
sary
16>425
Other
also
Calgary,
2822.
p.
(Formerly National Oil Products Co.)
—
Common
(efieotive when the Road receives from the ICC
authorizations cover¬
ing the issuance of new securities,
assumption of obligations and
(& Subs.)—
—3 Mos.
Ended—
June 28, '47 June
30, '46
Res.
of
rights
company
Regina,
162,
240,0001
stock .from
preemptive
Winnipeg,
Victoria, Canada.—V.
or
Frofit aftef charges_l____'__'__>^._^_
Co.
The company under Federal
receivership since 1935, was authorized
in Federal District
Court at New Haven,
Sept. 11, to resume full
•management of its affairs and put into effect
its reorganization
plan.
;
The reorganization plan, approved two
years ago, which
wipes out
common and preferred stocks once
valued at
$1,727,218
1,656,573
$1.39
Halifax, Nova Scotia; CharJohn, New Brunswick; Quebec,
Saint
Hamilton,
'
Upon completion of the
$1,200,000 first mortgage
,
New York, New Haven &
Hartford
tion Goes Into Effect
Subject to ICC
1,073,500
$0.58
,
from
income
authorized
the
Island;
Toronto,
,
$3,067,898
267,180
$1,053,258
1,656,573
,
;
,
Authorization—
National Malleable
& Steel
Castings Co.
Period—
,.A
the
of
be
increase
ft.,
any
Newfoundland;
Edward
6 Mos. Ended June 30—
Refrigerator
$0.67
.
in
the Association
an
in
spent
ever
& Power Co., Ltd.—Partial Re¬
Net' sales
Bank
CONSOLIDATED INCOME
STATEMENT, TWELVE MONTHS ENDED
30, 1947—Gross
sales, less discounts,
returns and allowances,
$46,002,287; cost of goods
sold, $33,929,004;
selling, administrative and
general
expenses, $4,342,783;
operating profit,
$727,703:
$7,730,500; other income,
other
deductions, $546,052; provision
for
income
$3,083,976; net profit,
taxes,
$4,828,180.—V. 165,
p. 3054.^
'
Net profit
year
$17,000
series B,
11,616,626
359,820
$4,375,483
281,037
1,563,000
\
of
64,424,108
above
a
.interest,
JUNE
:
Financing—
■
$1,216,829
1,679,869
-
'
1947—8 Mos,—1946
eliminated
Prince
.
"
Net
New Haven Water Co.—Partial
$4,015,663
.
5
is
construction in
new
we
Nopco Chemical Co. (& Subs.)^—Earnings—
,
•$0.42
2673.
p.
Gas
J
165,213
income
2.17%,
month
1947—6 MOs.—1946
*
6,102,580
1,030,000
$0.63
corresponding week a year ago., August, 1*947, the Association reports electric
This is
an
increase of 1,367,519
kwh.,
production of 63,056,589 kwh. for the
corresponding
month
of.
'
'
-
income—
'Other
or
$8,530,812 $23,998,469
$16,057,705
and gen-
expenses
Total
Prow
$12,378,574
9,234,441
1,030,000
output for August is reported at
526,361,000 cu. ft., an increase
of 20,778,000 cu.
ft., or 4.11% above production of
505,583,000 cu.. ft.
for the
corresponding month a year ago.—V. 166, p. 952.
-
eral
Operating
Other
'
Vancouver
$1)
ft. for the
cu.
the
There have
sold
{Selling, admin,
:
1947—3 Mos.—1946
•
Sept.
This
output for the Sept. 5
increase of 1,223,000 cu.
output
al-
lowances
Cost
Subs.)—Earnings—
ended
kwh.
than
more
$455,304
$3,856,338 $28,241,428 $26,858,169
p.
offices
1947—Month—1946
1947—8 Mcs—1946
$8,612,984 - $9,095,496 $66,458,343 $65,471,801
.
John's,
$648,329
will
166,
Gas
*$2.41
St.
$0.72
(par
central
•
•
654,000
2,280,27.5
*$6,54
.
in
$745,038
2280.
October.—V.
the'week
13,624.411
an
$5,500,525
July,
Period End. June 30—
Gross
sales,
less
dis-
p.
184
$22,500 general mortgage 20-year sinking fund 5% bonds
01956, have been called, for redemption on Oct. 1, next,
interest.
Payment will be made at The Royal Bank
1,
Ottawa,
,
,
after
National Gypsum Co.
(«&
165,
shares
the
and
Montreal,
$1,$00,000.
securities
A
ago.
•
of
June
Canada
of
"
kwh., or 7.77$,
above production of
12,642,577 kwh. for the corresponding week a
year
giving, effect to. the three-for-one
split-up
1946, these earnings per share are
$2.18 and $0.80 in 1946
and 1945,
respectively.—V. 166, p. 373.
in
For
-1945
2,659,257
$2.41
—
1945
cents per share has been declared
stock, payable Oct. 1 to holders of record Sept. i;>.
L. Moore, President, stated:
It
is the company's intention
to
future
regular dividend payment dates the first of
.'make
14,033,00.0
$19,259,199 $17,393,328
_
class
.April, July and
'
total
101V2
911,000
and
initial quarterly dividend of
the commoii
on
'
Aug. 3.1—
430,000
indebtedness
to
to
569.
p.
lottetown,
New England Gas & Electric
1946
12,066,000
*
New England Electric
System—Initial Dividend—
An
•
-
70,000
(par lQc.).—V.
$31,431,199 $28,532,036 $19,956,466
taxes
,
outstanding,
bonds,
$1,200,000
added
that total expenditures for
expect
$1,366,304
Increase
an
shares
authorized
from
Subsidiaries)'
1947
-1946
1947—Month—1946 "
920,000
financing;
Corp.—Earnings—
Domestic
6
Months Ended June 30—
Earns, from oper. after
deprec. & res.
Interest on bank
loans
Provision for Federal
"
"We
1,030,000
approved
to
The
be
«
$1,078,329
share—:—
increased,
$1.11
share.
(Including Wholly-Owned
shares
will
offices
service.
506,000
Aug. 26 approved the sale of 320,000 shares
10c) at par to Pittsburgh Coke & Chemical
to
The stockholders
6,255,247
762.
National Distillers
Products
sale
stockholders.
6,977,276
6,267,797
166,
A
at
on
(par
20,100,000
9,649,223
outstanding—;
common
stock
600,000
839,423
6,430,000
income
on
central
new
in
Whitrnore,
Newfoundland Light
.
1947
-
-
$3,754,511
stockholders
\
demption—
p. 2802.
Pittsburgh Coke of $500,000 first mortgage 4(4 %
bonds,
"series D due April 1, 1956
bonds, at 90, the latter to replace an issue of
$250,000 90-day first mortgage bonds sold in June was also
approved.
680,625
taxes
'
165,
—V.
due
Neville Island Glass Co.—New
426,749,831 313,071,665 311,266,206
including deprec— 409,989,983 292,671,879
283,349,507
exps.
on
$0.61
outstdg
common
25,616^556
23,153,642
(J. J.) Newberry Co.—August Sales Declined 5.3%—
315,566
166, p. 569.
The
Total
_
•
22,952,200
20,722,093
$6,106,881
$1.19
$1,251,038
i
—V.
425,407,118 312,089,088 310,245,816
1,342,713.
982,577
1,020,390
—
—
■
2,325,858
1,993,248
1947 will be about $150,000,000, far
previous, year."—V.. 166, p. 668.
'
*
$
3,978,961
meet
Period End.
613,251
taxes—'
Period End. Aug. 31—
■bommon
1946
23,345,700
Edmonton,
shares
166, p. 668.
'
'
27,394,617 199,703,166 190,589,183
21,162,282 145,027,783 132,618,805
3,906,477
31,723,183
32,353,822
29,627,361
__
Sales
$6,102,077
.
—_——
Sales
$0.56
National Dairy Products
Corp.—Earnings—
*
revenues
a
added:
He
a
that
$1.53
profit—
per
;
1944
.
$9,557,203 $12,070,914 $13,133,365
1,178,501 '
721,098
747,718
1,100,077
——
per
1946
in
added
Neisner Brothers,
Inc.—August Sales Off 2.64%—
(Including wholly owned domestic subsidiaries)
$10,808,005
He
$8,104,553
* After preferred dividend requirements.—V.
165,
National Cylinder Gas
Co.—Earnings—
6 Mos. End. June 30—
*
President, pointed out that "expenditures in the
company's current expansion program have reached nearly $90,000,000
so far this year,' $ figure $7,000,000 more than the total spent in 1946.''
1945
charges—
Earnings
V
25
some
owed
1943
Corp.—Earnings—,
after
Net
•
Consolidated sales—
resulted
year
1947
1947
515,272 shares of capital stock.—V.
Common
>
2673.
p.
the
30,
portfolio
>
72,216
rev._
expenses
to
already
Co.—Earnings—
sh,
com.
Fed, and State inc.
this
April 1, July 1 and Oct. 1,
cents.—V;
June
"
6 Mos.End. June 30—
Profit
share,
per
,
announcement said that more than 125,000 homes and offices,,
of the 324,COO waiting for service in New York City, will have tele¬
phones within the next five months through the opening of new central
offices and additions to present, dial switchboards.
During this period
,
-
per
on
Nehi
♦
•
portion
1947—7 Mos.—1946
,
27,439,867 200,098,183 190,923,663
45,250
395,017
334,480
Expanding Facilities—
$9,778,161
cents
15.
,
Dec.
•Based
•.
.
this
year.
Payments in 1946
,25
declared
stockholders
for
amortization.
and
and
income—
•Earnings
.
Declares 20-Cent Dividend—
i
'
Yale;
The
789,718
sales
Net
—
equivalent
at
857.
p.
record-breaking pace in expanding its central office
the heavy demand for new service, the
company on
Sept. 7 announced that, beginning this month, an average of five new
exchanges a month are being placed in operation in New York City.
1
that losses during the
approximately the same
at
operations
-
assets
oper.
Reaching
Carl
Vice-President,
1947
of
year
6 Mos. Ended June 30—
—$9,937,851
Payable for securities
purchased, accrued expenses, etc.—159,691
Net
1947—Month—1946
29,699,577
—
operating income
2,302,700,
charges—1,888,961
facilities
metals.
.
f
Total
July 31—
after
Net
'
the filing of a petition for
under the National Bankruptcy Act in
Utah.
This action followed the cessation
National Vulcanized Fibre
■■
166,
*
Operating
332,481
—————
Transportation
of
Mass.—V.
1
Operating
$1,950,000
to Anaconda Copper
Mining Co., and $71,571 to International Smelting
& Refining Co.—V.
159, P. 1289.
STATEMENT OP NET ASSETS, JUNE 30, 1947
•Investments, at market value (cost, $9,607,200)
Guaranty Trust Co. of New York, trustee
Receivable, for dividends and interest, securities sold,
capital
stock
subscribed, etc.———,.—
Worcester,
Operating taxes
authorized
9
•
Cash held by
Hcaly,-Professor
Gonver.se,
New York Telephone Co.—Earnings—
j
company
District Court
on
A.
fate
is
T.
Brooks,
than
more
Morgantown>
.
of raining operations on
Aug. 15 after the veto on Aug. 8 by President
Truman of legislation which would have extended the premium
price
13,839
payment
1947 and $99,662
F.
Uncollectible
,
Net inc.
(excl. security
profits and losses)Dividends
Kent
F.
jjj
National Tunnel & Mines Co.—To Reorganize—
oat
13,767
by $5,974,000.
of the Reorganization
Chairman
AUerton
are:
Operating revenues
Steel Corp., stated that the mine is expected to be in
195Q. Development of the mine and installation of plant
equipment will proceed during the interim.
It is estimated that
the cost of buildings and equipment will exceed
$5,000,000.
235
$65,673 *
increased
be
Boston,
Co.;
Period End.
operation by
reorganization
Expenses
would
Hail,
Myron
I
$o6,465
10,155
a
Committee.
President, Southern New
England Telephone Co.; James H. Brewster, Jr., Treasurer, Aetna Life
r
this corporation
acres
Va.
is
.
.
Present plans call for the
production of approximately 1,000,000
tons of coal per year, which the
company intends ultimately to increase
to 1,500,000 tons.—V. 166, p. 470.
Net cash proceeds from
consideration
.'of National
Nation-Wide Securities Co., Inc.—Earnings—
Income—Cash
L.
members
Insurance
and
1947
under
•
Thomas E. Miilsop, President of Weirton Steel Co. and Vice-President
August, 1947 had 209 stores in operation, unchanged
166, p. 569.
6 Mos. End. June 30—
that
the
the
by
structure
John
Other
1
,
said
New Haven purchase the Boston & Providence, a
Old Colony RRl which in turn has been operated
by the New Haven under a 99-year lease.
Should the New Xlavcr. purchase the Boston & Providence its new
2673.
Delaware, Inc.—Sales—
officials
Railroad
fhat
held
• new
•National
"1947—8 Mos—1946
Haven
proposal
lease
caoital
Shirt Shops of
569.
p.
book
the
current market
New
•
to open a new coal mine in Mcnongahela
were announced on Sept. 8.
operation will be known as the Weirton Mine. It will be
"completely mechanized and will be devoted exclusively to the product
tion of metallurgical coal for the Weirton Steel
Co., a division of
The
ago.—V.
year
capital
County, W. Va.
.
from
8c per
28,
National Steel Corp.—New Coal Mine—
.
3,185,279
621,605
1947—Month—1946
June
and
(G. C.) Murphy Co.—August. Sales Increased 1.88%—
Period End. Aug. 31—
ended
$30,817,939
27,913,937
2,893,529
$194,944
Net
months
of
excess
their
—
,
'
,
equivalent to
was
Monday, September 15, 1947
Consider B. & P. Purchase—
three
Period End. Aug, 31—
Sales
$4,613,722- $32,359,784 $30,887,582
10,999
86,363
69,643
12,830
rev._
the
over
National
-
1947—7 Mos.—1946
1947—Month—194G
revenues
Uncollectible
This
CHRONICLE
possible
inventories
Mountain States Telephone & Telegraph Coj—Earns.;—
Operating
taxes.
FINANCIAL
1947, the provi¬
inventory losses, which was ..provided in the amount
$191,793 during the first quarter, was utilized to the extent of $16,-"
sion
authorization by stockbefore Sept. 29, 1947.—V. 159,
subject
company,
NOTE—During the
383.
P-
,
&
-
institution of proceedings for
and authorized the
meeting to be held
a
of
Copper Co.—To Dissolve—
directors
mine
dissolution
olders at
,
the
COMMERCIAL
certificates.
plant
and
total,
in
banks
and
$522,000;
on
JUNE 30,
hand,
1947 '
$1,771,120;
U.
S.
Govt,
bonds
accounts
receivable,
$157,333;
property,
$2,991,713;
deferred
charges,
$49,246;
$5,491,412.
equipment
(net),
LIABILITIES—Accounts
accrued
271,659
Federal
shares
$5,491,412.—V.
taxes
of
$10
164,
p.
payable,
(est.),
par),
2056.
$57,868;
$381,647;
$2,756,590;
accrued
capital
surplus,
payroll,
stock
$5,149?
(outstanding
$2,290,158;
tota^
■
Number "4629
Volume 166
THE
Northern States Power Go.
-Weekly Output
business
.
,
.
Northwestern Bell Telephone Co.
Period End. July 31—
$6,873,190
operating
Net
$6,857,263
__
,
166,
—V.
166, p.
have
been
called
-
or
$4,515,758
,3,466,333
4,407,439
Period End. Aug. 31—
$
Ltd.—Successor
United States Lines Co. below.—V. 132,
in
166,
705.
<p.
,
(The) Pennroad Corp.
Ohio Associated Telephone Co.- -Earnings1947—Month—1946
Period End. July 31—
1947—7 MOS, —1946
Taxes
$227,687
$107,214
$1,537,600
$789,858
252
Operating revenues
Uncollectible oper. rev,.
126
1,738
978
-Earnings—
other
$0.54
3,019
3,118
6,923
109,324
153,336
Operating
$227,435
$107,088
$1,535,862
$788,880
207,524
91,292
1,310,531
8,342
113,466
122,760
$11,613
$7,454
$111,865
83,308
1,831
41,525
11,686
32,788
appointed New
.
41,910
25,798
46,610
and
$440,511
$716,555
$777,336
in northeastern ,'Shackleford,
by this company and the Wichita River Oil Corp., .a 51% subsidiary,
and-Aro Oil & Gas Corp., a wholly-owned subsidiary of Aro Equipment
Corp.—V.
132,
p.
1947
income
expense—
.—:
$237,935
87,627
•85,378
21,117
Federal Income
taxes—_—
and
demand
payable,
profit after all chgs.
Bankshares
Pennsylvania
000—V. 166, p. 764.
(excl.
♦Profit
profit
on
$126,471
$231,168
invest.)-
,
000 of debentures
of
BALANCE SHEET,
receivable
of
(due
31,
Dec.
held
$330,000
value,
securities
1948;
quoted market value
investments (current
with ,a
$225,000; .total
collateral),
as
JUNE 30, 1947
total accounts receivable, $G7,275; 3%. note
ASSETS—Cash, $692,131;
i
533,537.
..
;
accounts
Prov.
payable,
^Pacific Gas & Glectric -Co.—New Bond'Issue—
Net
"i
t
.profit-..
The
♦Earnings .per
4947-^Month—1946
Net
Association,Parkland,Wash.
serial:
Interest
1, 1957.
principal. '
National
Louis .Kuehlthau, West
July X, * 1947; due semi-annually Jan. X, 1949-July
Denominations of $1,000, $500 and $100 regnterable as to
Principal and interest payable July 1 and Jan. 1 at First
Dated
Bank
of
West
Bend, Wis.,
Bend
corporate trustee.
(Wis.),
co-trustee.
payment
corporation proposes to use the net proceeds for the
construction
costs
incurred
in
connection
with three
The
of
building
•
'
Net income
*
$15,615,508
88,639
94,709
9,213
1,962
67,500
810,000
922,875
97,468
86,506
1,071,198
1,157,360
4,183,700
30,667
!•"
.
6,051
234,354
48,324
*
pfd.
stocks
for
1,980,000
$6,586,984
2,731,433
$3,855,551
$7,122,234
$396,764
the period
land and buildings, included in the*
lien of the Indenture amounts to $1,313,034.
•
♦
The Pacific Lutheran College Association, the corporation which is 4
the obligor of the bonds, was organized by members of the Pacific
District of the Norwegian Lutheran Church of America, in November,
1920,
for the purpose of uniting Pacific) Lutheran Academv »nd
Columbia Lutheran College, which, previous to this union, had been
located at Everett, Wash.
,
In
1921
the scope
of the institution, which had been conducted •
essentially .as a secondary school, was enlarged to include a
twoyear normal department.
The curriculum was enlarged in 1931 to
establish
a
three-year normal department
and again in 1939 to
establish
a
four-year college
of education.
The four-year college ■
of Liberal Arts was "established in 1942.
■'
appraised .valuation
of
Balance
-V.
166,
_
954.
p.
Pennsylvania & Southern Gas
notification with the SEC
series B, due Sept, 1,
Co., Philadelphia, as
underwriter.
Proceeds will be used for payment of corporate obliga¬
tions and general corporate purposes.—-V. 166, p. 570.
The
company
on
Quaker State Oil
Refining Corp. (&
Period End. July 31—
Operating revenues
TTWr>Allonfih)/4
Uncollectible
Operating
Operating
rev,.
oper,
revenues
expenses
Operating
_
taxes
Telegraph Co.—Earnings—
v
•
1947—Month—1946
1947—7 Mos—1946 ;
$23,996,195 $12,848,379$124„456,523 $88,372,424
310,038
-/VA
~
-502,179
41,775
100,136
88,062,386
12,806,604 123,954,344
23,896,059
73,344,501
11,301,702 107.341,105
21,712,048
7,961 ,*204
585,912
10,894,870
1,884,071
'
Cost of -sales-
Operating profit
,
operating
'Net after charges—.
637,868
DrJ.05,788
$6,756,681
11,124,328
$5,718,369
$918,990
$299,940
income
3,808,258
.
'
'
1947
'
30—
profit .after charges—,-.—
Loss
The
the
Dividend Action-
taxes—:—
236,308
467,430
—
NOTE—Net income of
—
—
the subsidiary
$369,810
429,453
$0.86
$764,747
429,453
$1.78
profit
Capital shares outstanding
Earnings per share——-
included above was $19,325 .for
months .ended June 30, "1947, as
$22,024 in the comparable period of 1946.
six
plant,
directors
common
Sept.
18.
See
Sept.
on
V.
,4
until
stock
p.
a
of
consideration
deferred
meeting
special
the
of
a
dividend
compared to a net loss of
Pan American Airways
Corp.—Regional Director—
appointment of A. Jackson Kelly as Regional Director for
United Kingdom and Europe was announced recently by James
Vice-President
transatlantic
portfolios
of
services.
District
Regional Manager
The
to
latter
take
owr
post
his
headquarters.
Mr.
Kelly has
r-V. 166, p. 762.
H.
in charge of Pan American 'World Airways
Mr.
Kelly
Manager
his
in
for
new
for the United Kingdom.
held by Tolbert A. Rice,
assignment
at
the
La
will
post
Western
is
new
the
Europe
»
■,
combine the
with that of
<
who is returning soon
Guardia Field, N. Y„
.
been
a
district
manager
with
offices
in
Paris.
;
for $200,QC0.
$150,000 will be
Pan-American Export Corp.—Class A Stock
offered
as
a
The
issue
net
will
proceeds obtained by the corporation from the sale of this *
used
for working capital, to expand the
corporation's
32,375
165,
114,991
$3,192(67
l,042,f?:
61,26 f
998,625
4
840,: 0
139,000
$1,655,599
$1,246,^
927,305
—,
139,000
$764,645
—
profit —
Capital shares outstanding,,
Earnings per share,—
—V.
69,375
489,6*25
■
927,305
927,30
$1.79
$1 »>4
•
2675.
p.
America—New Director—
Radio Corp. of
«•
■,
Executive Vice-President in Charge of RCA
955.
elected a director.—V. 166, p. """
B. Jolliffe,
Dr. C.
Labo¬
ratories Division, has been
Communications,
Inc.—Earnings1947—7 Mos—1946
1947—Month—1946
$953,992
896,268
1,032,779
Net
$57,724
*$216,238
$2,573,12)
3,719
Dr66,835
98,313
*$140,006
revenues
oper.
$8,251,027
5,677,898
$61,443
*$283,073
$2,671,442
$906,855
expenses.,
oper.
6,801,547
2>rl4,082
Total
$6,585,309
*$125,924
31—
Period End. July
Total oper. revenues—„
communication
Operating Income
income—non¬
communication
—
Ordinary
87,3.95
Dr2,000
382,706
Dr5J233
*$52,611
$59,443
$99,633
$2,666,201
10,905
income....
ord.
income
8;656
78,167
72,404
$2,593,720
(Or).
(Dr).
Income
179,387
84,765
income
Net
Net
Inc.
earned
11,970
81,990
81,993
$118,863
$2,596,487
Cr25,300
$119,343
50,950
65,900
1,027,4C0
$68,393
$52,963
$1,569,087
*$63,616 «
—
•
net inc..
from
Deduct's
$50,788
80,625
♦$49,216
income.
income
Extraord.
Tf,000
♦$74,516
ordinary
Net
Extraord.
$21,466
transf'd
surplus
to
♦Deficit.
(Ghas.) Pfizer & Co., Inc.—Preferred
Privately—F. Eberstadt & Co., Inc., on
Issue Placed
Sept. 11 an¬
placement of 50,000 shares of 3%%
preferred stock (par $100).—V. 166, p. 954.
nounced the private
cumulative
Co.—Secondary Offering—Lee,
secondary offering Sept. 2 of
Higginson Corp.. made a
10,000 shares of common stock (no par) at
commission of 40 cents a share
share less a
The offering was
oversubscribed.
Weekly Output Up
object
be
*
spent to expand the new .plant to a
Deliveries will begin from the new
Pfeiffer to move [its j
its Detroit expansion :
program.
The company plans to spend $1,000,000 to expand its Detroit
plant, with construction beginning in December.—V. 166, p. 70b.
speculation.
of the corporation is the exporting into foreign
countries of manufactured products.
Today the corporation's products
are
shipped to 33 foreign countries and places.
The primary
company has pur¬
Co. at Flint, Mich. '
250,000-barrel annual .capacity.
plant in mid-November.
Acquisition of the Kling brewery will enable
draft'beer'operations td Flint and make way ..for
Philadelphia Electric
Offered—
An issue of 93,000 shares of class A common stock (par
$1) is being publicly offered at $2,625 per share by
Henry P. Rosenfeld & Co., New York. The securities are
.
416,821
Deductions from ordinary
President, announces that this
150,000-barrel capacity Kling Brewing
additidnal
$3,706,464
843,865
'
Epstein,
the
chased
An
The
Smith, Jr.,
on
for
set
board
857.
$1,842,466
$3,077,681
•
$0.83
(estimated)——r.
eries
Net
Gross
Alfred
$3,577,359
129,105
49,752
*•
$606,118
$1,232,177
—
"
1946
Acquires Kling Brewery—
Defers
$1,792,714
abandonment of subsides
net of related tax recov¬
on
Other
Net
————
f; Total income ——
—
Depreciation and depletion,—.—,
State income tax
—
.—
Federal income dax
—
.
,.the
Net
subsidiary)
(Including wholly owned
income
—
Other ^income
RCA
Pfeiffer Brewing Co.—Earnings—
Federal
1947—6^08—1946
$21,135,551 $>17,556,49^
8,061,532 15,330,772 12,259,21
1,150,152
2,227,420 2,219,591
admin, and gen. exps,-,—
1965.
Net
Subs.)—Earnings
3 Mos.'47
sales)— $11,004,399
inter-co.
sales.,(excl.
Sept. 3 filed a letter .of
$20,000 first lien and collateral trust bonds,
To be offered at par through Bioren &
for
6 Mos. Ended June
Pacific Telephone &
Co.—Files with SEC—
•
Period Ended June 30—
projects all in process of construction.
Total,
19.3%.—V. 166, p. 954.
increase of
Net
2,901,552
$5,142,234
$450,573
——
applicable -to
compared
an
$15,704,147
con¬
'
Corp.—Output—
companies served by -this corpora¬
1947,, totaled 219,200,000 kwh.,, as
with '183,776,000 kwh. for the corresponding week last year,
the
for
Selling,
$777,219 $11,569,773
2,800,695
232,500
67,500
to
credit
5,526,215
$768,006 $11,475,064
($826,107
.
continues to improve.
output sQf the operating
week ended Sept. 6,
Electric
tion
1,728,675
243,195
-
'Divs.
,
1,728,675
bonds
chgd.
struction,
', '
144,056
\
>
&
President, said the
3,031,811
,144,056
deductions.
Special charge —1—,—1
Interest
1,316,035
1,508,012
debentures.
on
Other int.
1,649,118
3,344,767
344,439
$828,069
Interest on mtge.
bonds at 101 and interest.
144,333
Engineering & Service
Public Utility
1947—'12 Mos—1946
258,296
—'
income
Gross
Ernest Murphy,
orders valued at approximately $48,600,000
the remaining six months appear favorable
supply, particularly steel,
providing the material
3398.
137,925
revenues—'
(net)
oper,
for
operations
1946
*$370,745
$739,705
—
—-V. 165,*p.
292,506
387,884
Other .Income
Ziegler & Co., 'West Bend, Wis.,
-
hearing on reor¬
1947
Inc.,
Co.,
Car
unfilled
:has
that
and
-
$4,224,736 $56,289,-152 $52:091,082
2,565,606
32,565,313
28,891,041
$4,587j479
2,799; 001
Steel
Pressed
company
,321,860
$0.58
their claims .with
Inc.-r-Earnings—
Months Ended June 30—
Net-profit after taxes on income—
♦Loss after tax carry-back.
$263,346
,
debentures were
Reorganization—
this
of
^Pressed Steel Car Go.,
6
Light Co—-Earnings
Pennsylvania Power
■
-
recently offered $200,000 first 3%-3Ya% mortgage
$1.20
,
dividend requirements—V. 165, p. 3287,
♦After preferred
——-—
Pacific Lutheran College
321,860
$1.87
share--—
common
.
company
—Bonds Offered—B. C.
$465,466
321.860
——
——_
.
$680,327
Inc.—Hearing on
term
ganization of the company.
At that time the company proposes to
§ubmit a plan for its reorganization.
The company on Aug. 17, last, filed a court petition under Section
11
of th,e Chandler
Act for approval of a deferred payment plan
to
creditors on- the ground that
it could not pay its debts under
existing conditions—V. 162, p. 1895.
■ •
►
495,241
outstanding—
shares
plans to file with the SEC a registration statement '. /> Period End. July 31
Operating revenues _—
covering $75,000,000 .first and refunding mortgage bonds which (the
,company will offer for sale at competitive bidding.
The bonds ,prob- '»■ -Operating - expenses i—Federal taxes
ably will carry a 2%% interest rate and mature in 19$,0. - "Proceeds
Other taxes
will be used to provide additional funds to carry on the company's
large construction program.
The company expects to apply to ;the ; Depreciation
Amort, .of electric plant
,California P. ,U. Commission for authority to proceed with this financ¬
acquisition .adjusts—•
ing before filing its statement with the SEC.—V. 166, p. 857.
.
;
■,
317,614
to yield
corporation-have filed proof of
the referee appointed by the U. S. District Court.
The referee has set Sept. 29 as the date for a
$758,587
455,752
privately and the
3.43%,—V. 166, p. 307.
placed
were
1945
$783,080
'•
1947
income taxes—...—
for
Common
income (ex¬
cluding profit on
net realized
profit on investments, $3,382,950; total, $12,533,537—.V. 163, ,p. 1434.
surplus, $5,462,993; undistributed net
investments), $155,967; .undistributed
capital
$141,470;
1946
$1,136,079
after charges—
Profit
•
$21,739; note payable to the
tChase National Bank of the .City of New York, $2,100,000; $1.50 cumu¬
lative preferred stock ($5), $1,368,399; common stock
($0:10 each),
LIABILITIES—Total
serials
Press Wireless,
Pennsylvania Glass Sand Corp. (& Subs.)—Earnings—
6 Months Ended June 30—
deferred charges. $5,500; total, $12,-
$13,955,275), $11,543,632;
debentures.
20-year 3Va%
The
offered at 101
corporation;, which asked for tenders of its own stock to the
extent of 5,966 shares, received.offers of more than that amount. The
company .purchased .the 5,966 shares
at prices ranging from $16 to
$17 per share, thus reducing the outstanding capital stock of the com¬
pany to 100,009 shares.—V. 155, p. 365.
securities sold amounted to $377,335 in 1947 and $636,210
on
Canada—Debentures Offered—
Co., Ltd., Montreal, on Sept. 9 offered $6,000,consisting of $1,500,000 of 3% serials and $4,500,000
Thompson &
Nesbltt*
This
in 1946.
.
Power Corp. of
r
Tendered Stock—
♦Net income
600,000 '
$1.30
*After providing a reserve
,
Corp.—Buys
Securities
&
1,327,630
600,000
600,000
$1.65
$2.21
for contingencies in the amount of $200,;
778,833
600,000
$0.70
Capital shares outstdg.Earnings per share
deposits,
*994,033
423,971
taxes
and
•
Creditors
-1,953
—
'
•
■■■'
<
$38,361;
2.4,133
——
W——-,u—
1947
accrued taxes, $96,149;
provision for legal fees and expenses re P. R. R. Settlement, $2,797,611;
common stock, par
value $1 (net of 3,031,541 treasury shares), $5,268,459; capital surplus, $43,,503,476;' balance 'of undistributed net in¬
come
(excluding gain or loss on investments) since Jan. 1, 1939, $3,252,786; accumulated net realized gain on investments since Jan. 1,
1939, $1,014,559; total, $53,971,401—V. 166, p. 307,
1946
$339,912
—
.—
—
Interest
JUNE 30,
SHEET,
V. 166, p. uo*.
Gosnold Mills Corp.)
1946
1947—3^jMos.—1946
1947—6 Mos.
$4,823,99^ $5,098,911 $10,091,842 $9,372,058
sales
Net
investments.
on
hand
on
LIABILITIES—Accounts
-Earnings—
6 Months Ended June 30—
Total
loss
or
BALANCE
.
505.
Pacific-American Investors, Inc.
Expenses
of gain
.
stock.
Subsidiary,
(Including
Period End. June 30—
Net
$1,337,705; investments in-affiliates, at book v'alues, $37,214,167; investments in securi¬
ties of unaffiliated issuers, at book values, $15,287,777; Interest accrued,
$48,204;
accounts
receivable,
$37,204;
furniture and
fixtures
(less
allowance for depreciation, $32,772), $10,726; unadjusted debit, $35,617;
total $53,971,401.
>
;.
'
approximately 20,000 acres located principally
County, Texas, have been jointly acquired
leases on
gas
,
Trust
&
Powdrell & Alexander, Inc.—Earnings—
73,734
$693,740
ASSETS—Cash
Oil Exploration Co.—New Leases—
Oil
•
.
.
Bank
York, as registrar for the $10 par value common
6,637
taxes
♦Exclusive
110,883
after
income
and
ado,
69,318
112,160
♦Net income
$149,408
1,054
operating income
charges
;
—V. 166, p. 668.
Net
Net
Fed.
$0.92
$1.66
for
Co.—N. Y. Transfer Agent—
Co.,
New Y'ork
N- Y». ^as ***£
York transfer agent and the Bankers Trust co., wew
Chemical
The
516,712
8,298
revenues
provision
307.
"
Operating expenses,
Operating taxes
*
possible market decline in inventories
provision for compensation under existing retirement plans,
v.
♦After
2,167
,1111
''8,073,650
——
8,899,622
$936,115
1,792
3,179
expenses
4,831,797 ♦14,802,864
8,939,622
8,182,623
8,899,622
Potomac Electric Power
$884,171
39,094
Extraordinary legal exps.
82,508,193
$0.90
Fed?
than
$
$
129,547,169
8,939,622
1944
1945
$629,433
4,890
income
General
taxes
•p.
1946
Mos.—'19461
1947—6
$
45,330,298
60,957,845
Earnings per com. share
$1,009,214
iZZZZZZZ
paid
—1—1—
Com. shares outstanding
57,552,339 437,510,005 389,584,966
1947-
-
income
Interest
,
$
t.
6 Mos. Ended June 30—
Total
Subs.) -Earnings—
1947—3 Mos—1946
Period End. June 30—
sales
record Oct. ,1.
payftble 0ct- 15 t0 holders of
2803°°
p
Net income after income
$
$
61,931,647
—V.
4427.
p.
165
Pittsburgh Plate Glass CO. (&
$
1947—8 Mos—1946
1947—Month—1946
rr>
151, p. 3571,
Montreal, Canada.—V.
(J. C.) Penney Co.—August Sales 7.6% Higher—
466,284
Co.,
—V.
-
Net
$3,878,453
Navigation
t
•
•
for
'Bank of Montreal in Toronto
Liquidation—Makes Distribution—
See
763.
Redemption—
accountnffP°fm aS Falled for redemption on Oct. 15, next, for
stock ai iinfL
?.
d> 3,941 shares of $4 cumulative preferred
#per share< Payment will be made at The Corporation
Thln ',;o n5fe1 agent' 120 Broadway, New York, N. Y.
thf>
m-iflrr ,qua,rte.ry dividend of $1 per share has been declared on
Trust
and for other
customers
redemption on Oct. 1, for account of
the sinking-fund, $40,500 of first
mortgage 3V4% bonds, series A, due
Oct. l, '1966, at 103.80 and interest.
Payment will be made ,at the
467,175
Steam
Pillsbury Mills, Inc.—Partial
Penmans Ltd.—Partial Redemption—
There
Sales
Oceanic
in
areas
v
668.
p.
to engage in further
which the corporation
territories,
the
♦
$482,503
after charges,,
Net
corporate ^purposes.-^-V.
$523,483
income
new
to
1947—7 Mos.—1946
$6,085,955 $44,178,505 $40,641,995
4,902(967
35,442,472
30,644,740
700,395
4,857,580
5,481,407
5,669,054
664,716
and
suitable'
its
on
liberal credit terms to the corporation's
more
,$>6,093,973 $44,268,244 $40,696,600
6,018
89,739
54,605
15,927
lines
new
programs
carry
business, when it shall deem economically advan¬
tageous, to sei up foreign and domestic inventories, to establish -or
obtain partial or outright control of a factory or factories, to extend
■Earnings—
1947—Month—1946
Operating revenues ____
Uncollectible oper, rev..
,Operating revenues
Operating expenses
Operating taxes
•will
9 7'
•
into
advertising
k
output of this company for the week ended
r
in/in
kwh. for
the
totaled 51,551,000 kwh, as compared with "SU,8t
'
'
—*-,VVl
lTYiHl 45,88b\Q00 —
166, p. 953.
corresponding week last year, an increase of 12.3%
Electric
COMMERCIAL & FINANCIAL CHRONICLE
The electric output
ended
Sept.
6,
7,783,000 kwh., or
p.
954.
.
,
6.6%—
of this company
and its subsidiaries for
amounted to 126,463,000
6.6%, over the corresponding
1947,
$24.25 per
to dealers. *
the week
kwh., an Increase of
week of 1946.—V. 166,
President Elected—•
New
President,
elected
of
Executive Vice1945.
America and of
having been elected on July 14, 1947.
the board.
General Harry C. Ingles (ret.) has been
David Sarnoff, who continues as Chairman
unoinpoun
Thompson H. Mitchell continues in the position of
...
'esiaent, the
^vvumvS
President. tne pusiuun which he has held since December,
position wiuiit uc una unu
i
-i-Dn^U
rtf Amarlea or
General Ingles is also a director of Radio Corp. of
Major
succeeding
—
...
.
RCA
the
—V.
'•
«
Communications, Inc.,
166, p. 705.
Railway &
Based
upon
,
Light Securities
Per 4%
Per
—V.
cum.
common
166, p.
Co.—Asset Values—
of Aug. 31, 1947,
its outstanding securities
market quotations as
reports net asset coverage of
Per collateral trust 3 V*% bond
conv.
share
705.
preferred share, $50 par..
this company
as follows;
154.11
$2,571.3d
26.03
'(105&)
W
THE COMMERCIAL
*
!Potal
1947—7 Mos.—1946
1947—Month—1946
- -
July 31"~*
..
ac»7c
noa
$647,028
$92,691
$104,668
revenues—
oper.
San Diego Gas & Electric
Corp. of America—Earnings—
Radiomarine
Period
The
Shares
communication
"$95,066
"$178,856
"$8,412
"$21,355
—
Room
111
1200,
Sutter
Sept.
on
bids
written
Street, San Francisco
166, p. 859.
16.—V.
will be
Calif.,
4,
subordln. notes (due Dec.
Cum. pfd. stock (no par)
j
received
to 8
up
Gross
$33,081
$12,104
$345,438
3,110
4,060
25,469
income.
$29,971
$8,044
$319,969
Scott Paper Co.
convertible
Common, stock
a.m.
ordinary
$45,928
(Cr)„
Extraord. income
Net
33
(Dri
income
30
—
transf'd
inc.
earned
$45,928
14,660
3,660
139,120
21,620
$15,311
$4,384
$180,852
$24,308
Other
—
of
Share
Period End. June 30—
sales
Net
profit after taxes—
1,575,149
Provision
1947—6 Mos.—1946
Net
$4,498,290
$8,814,570
764,529
355,126
$2.15
369,236
—
for
the
periods
1947
Reliance Manufacturing
Period End, June 30—
$2.68
Common
shares
Earnings
per
"These
tion
Co.—Earnings—
1947—3 Mos,—1946
Earns,
shrs.
per
112,226
551,203
271,987
483,310
483,310
483,310
share.
$0.18
$1.09
$0.45
about
110,500
138,244
of
221,000
shrs—
$1,224,234
$859,724
$2,135,380
for
with
share
the
the
ended
company's usual
in
832,994
$1.40
—
months
six
statements
interim
of
871,847
outstanding
common
costs
40%
significant
consisted of
totaled
$1.64
$5,261,749
June
on
a
On
June
29,
equalize
over
of
30, 1946, about 47% of the
consisted of loans of $500 or
less;
$500; and about 13% consisted
over
installment
retail
automobiles
sales
household
and
contracts
appliances,
,
pulp
wood
current
OF
from
dealers
averaging
receivables written
f Gross
-Years Ended Sept. 30
income
Gross
Operating expenses.——
for
losses
recoveries)
Int.
assets
and
1944
.579,720
364,,570
241,365
240,446
452,790
432,402
425,857
319,991
discount
expense
Federal
1945
(less
__—::
debt
and
1946
$57,114,986 $55,075,320 $33,920,678' $27,414,654
5,361,125
5,071,134
3,410,686
2,746,795
2,354,460
2,586,231
1,847,177
1,457,921
Canadian
and
'
taxes
691,383
667,067
457,576
358,166
$1,282,772
$1,020,864
$438,711
$370,271
Seaboard Air Line RR.—Earnings—
Republic Petroleum Co.—To Redeem Preferred Stock
The
directors
have
dividends.
accrued
voted
convertible
the
outstanding
Nov.
on
at
15
special
a
consider
meeting
amending
(meeting
Tuesday
to
the
in
May;
be
held
by-laws
stockholders
of
from
and
will
Oct.
on
1,
change the
first Tuesday
also
vote
on
Total
8,219
Net
of
to
revs..
$8,447,110
income.
446,784
oper.
oper.
income
inc.
af.
all
chgs.
NOTE—Net
income
for
The
able
directors
Oct.
have
to
22
declared
dividend' of
a
stockholders
of
record
25
Oct.
cents
15.
Edward
M.
•(directors
that
(declaration
dends
Ga.lagher,
the
financial
is
the
12-month
said:
period
"It
the
first
company
the
year."
in
a
opinion
the
of
later
ending
is
of
the
<Of
ended
the
April 30,
two
Plans
<$500,000
1947,
for
reported
compared
as
for
Improvement
the
with
$1.15
contemplated
enlargement,
share
per
and
expenditure
of
to be
purposes
1947,
if
sinking
charges are made against
sinking funds and minimum
made against income, to $2,784,252.
improvement
cars.
to
its
properties
and is
interests.
1,676
Pfd.
and
order
on
are
all-steel
new
top cars such
open
buying
loco¬
new
are
the lightweight all-
■'
125,072
$329,601
$245,199
$329,601
$245,199
101,516
120,213
$1,179,580
A,
income—
$882,395
The interest charges on the additional $1,250,000 principal amount of
subordinated notes (due Dec. 15, 1951) proposed to be issued
prior
4%
to Dec.
15, 1947, will amount to $50,000 per year, or $37,500 for a nine
period; and the dividend requirements of the convertible
stock
preferred
nine months'
will
amount
respective
to
$260,000
per
year,
or
numbers
of
of
names
the
the
shares
of
several
underwriters
1
1
*
(Operating
Operating
Net
income
fOther
1946
1945
$4,779,879
$2,562,792
$3,543,345
2,545,496
income—
expenses
1,593,147
1,995,345
—.
from
operations..
$2,234,383
Income^
91,728
dividends
paid
1,162
share.—-V.
per
7,258
as
box
used
are
of
cars
50
tons
capacity
each
for
'
convertible
preferrd
1,092,456
Finance
Co,—Preferred
Stock
Offered—An
underwriting group headed by The First Boston Corp,
offered to the public Sept.
10, 100,000 shares of $2.60 con¬
vertible preferred stock (no
par) subject in part to ex¬
change rights tendered by the company to holders of
outstanding old preferred stock.
The offering is being
made at $53 per share
plus accrued dividends to yield
4.91%.
166,
$608,212
$565,460
460,000
460,000
472.
p.
CONVERTIBLE—Each
value
of
$50,
stock
at
the
stock
(I.e.
at
share
convertible,
the
on
basis
of
its
time, unless previously redeemed, into
conversion price of $18.18 per share of
any
initial
approximately
2%
shares
of
common
adjustment.
stock),
stated
Period End. July 31—
'Operating
1947—Month—1946
revenues
Uncollectible oper.
Operating
(Operating
(Operating
preferred
Corp.—Earnings—
series
1947—7 Mos.—1946
"
$721,144
$662,388
$4,941,106
$4,598,237
837
788
5,803
5,523
First
Van
Alstyne, Noel &
Boston
Corp.__
714,199
$720,307
547,197
76,894
of
$4,935,303
3,759,947
97,818
expenses—
taxes
$661,600
563,721
„
704,551
—
(b)
H.
P.
Wood
&
one
Net .operating income
met after
charges
—V.
166,
$58,768
$37,509
34,496
9,157
$470,805
288,938
764.
p.
$601,994
384,993
—
4,601-
&
The Ohio
—
Co.—
&
Repub'ic Co.
Kirchofer
;
1947—Month—1946
$1,199,174
706,
p.
.
Arnold,
1947—8 Mos —1946
$1,262,495
$8,571,246
$8,286,873
a
*oot
to
move
demand,
plant
at
expand
this
paper and
has opened
West
Hartford, Conn
It
of
Roytype
business
manufacture
^V 166° p
carbon
romoanv
375
46'% lncrease over last
St. Regis Paper Co.—Gets
The
company on
manage and
utilize
Sept.
4
riobon
production
four-floor
a
will
be
75 000
meet
Inc.,.-,-.
&
Co.—
supplies,
for
saies
y^r in the March quarter.
Georgia's Suwannee Forest
announced
acquisition of the right
long leaf and slash pine
•Georgia s famous Suwannee Forest.
This tract, under
{the Superior Pine Products
Co. has long been
recognized in the
203.000
acres
of
management
an
outstanding
example
"through forest management.
right
£60,000
cords
the
of
The
166, pp.
2
nnn
ene
year
J
and
»
to
after
issue
date
aPPl'°ved
insurance
of
contract
perpetual
gives
the
to
in
Regis
and
to
be
company's
of
Issuance
to
tively,
1
.
notes
be
a
to
borrow
total
due
not
from
amount
later
of
to
bear
interest
the
than
rate
ef
plus,
capital
stock/ both pa^bl/oc/'V't'/tnlrt 40 V*
Per sh"p ™
the
number
of
consummation
LISTING—Company has
its
common
stock
as
soon
practicable
as
will
of
be
new
of
the
on
of
preferred
agreed
the
that
York
New
after
the
shares
$4,975,000.
In addition,
proceeds in the amount of
prior to
York
in
Dec.
the
of
15,
the
offer,
shares
any
it will
and
Los
issuance,
(due
old
preferred
of
and
sale
of
should
stock
be
ex¬
$1,237,500
1947 from
The
of
$1,250,000
Dec.
15,
1951).
Mutual Life
to
be
The
divs.,
addition
to
the extent that the
proceeds of the
and
to
bank
poses.
use
combined
—
Net
$1,848,648
13,285
659,970
866,205
—
565,903
■
Z
costs
—
taxes_.
Capital
shares
outstanding—
$559,489
1,234,232'
$0.45
$1,261,543
1,234,232
—
share
per
50,000
275,000
profit
Earnings
'
$1.02
"Consolidated.
NOTJS—As of
and
current
June
30,
liabilities
1947,
totaled
current
assets
$1,827,513.—V.
amounted
164,
$8,519,181
to
3150.
p.
Sears, Roebuck & Co.—August Sales Increased 11%—
Period End.
Sales
.
—V.
166,
1947—7 Mos.—1946
$140,946,297 $1,067,055,953
$869,115,149
571.
p.
Seattle
The
for
1947—Month—1946
$157,404,627
—
(Wash.)
company
on
Gas Co.—-Files with SEC—
Sept. 4 filed
letter
a
of
notification
the SEC
with
$300,000
($50 par) preferred stock, to be offered at par. Shea &
and Smith, Landeryou & Co., Omaha, Neb., are under¬
writers.
Proceeds
will
be
used
for
payment
of
loan
and
current
obligations.—V. 166, p. 956.
-
Co.,
Boston,
Shell Union Oil
pool
Corp.—Unit Expands—
Sept.
on
of
Oil
Co.,
the
Amon
of Gaines
While
ifcill
21
County,
subsidiary,
a
G.
Carter
West
has
purchased
foundation,
Texas
4.
Permian
located
Basin,
all
was
the
of
in; the
it
oil
Wasson
announced
•
price was not disclosed, Independent sources estimated
paid between $15,000,000 and $20,000,000 for the properties.
Included
proceeds
Inc.,
the
that Shell
to
Minimum
Shell
properties
with
in
the
purchase
91
are
net
wells.
The
transaction
105
wells in the regular Wasson pool, of which 57
Phillips Petroleum Co. and Continental Oil Co.
the Wasson
wells in
66
and
72
pools, of which 11
are
jointly
Also
are
relates
owned
involved, are
owned jointly
Phillips and Continental.
interest which is not
The two latter companies retain their
by the Shell purchase. (New York "Her¬
affected
166, p. 956.
$2,944,431
3,268,069
$3,224,001
$3,224,001
are
added
such funds to lend
to work¬
to borrowers
purchase receivables in the usual course of
business, to reduce
and/or to lend to or invest in subsidiaries
for such pur¬
•
33,521
$3,428,229
1,025,481
1
——
and development
amortization, etc.:
ald Tribune").—V.
financing
loans
$1,815,127
91,115
drilling
income
"1946
$3,150,285
1,335,158
$3,337,113
;
deprec.,
Federal
Co.
$6,212,500
—
1947
—
—
Intangible
wtih
/
B—
1,348,203
—
income
Deplet.,
4%
by
stock
(excluding
to be paid from treas. funds)
working capital,..,
Total
.50
''
<$41685,316
-^
expenses
1
*
income
Total
its
Insurance
evidenced
Maximum
,
preferred
.75
.50
219
,
Del.)—Earnings—
—-—
and general
Total
the
company
.
retirement of old
For
—
make application to list
Angeles Stock Exchanges
exchange
follows:
accrued
329
r—„_
cumu¬
expects to receive net cash
from a loan, which it proposes
amount
notes
as
revenue
Operating
Aug. 31—
exchange
-1.00
219
stock.
the
all
to
New
438
Co.
Operating
the
changed, it Is estimated that the net cash proceeds would amount to
$1,986,501, and if none of the shares of old preferred stock should be
exchanged, it is estimated that such net cash proceeds would
amount
obtain
&
1.50
' 1.50
„
Co
Seaboard Oil Co. (of
The
to
657
657
Williams & Co., Inc.—
Cassell & Co. Inc
F.
1.50
657
—
—
&
2.00
2.00
2.00
A—Number of
shares
of
additional stock to be purchased.
Percentage of unexchanged stock to be purchased.—V. 166, p. 859.
stock
common
shares
the certificates representing the shares
stock, at the time of the consummation
Upon the redemption of any shares of .series A
ing capital the company intends to
v-a.1 ~
new,
same
19 by
one
of the
following exchange agents:
The
Chase
Bank, New York 15, N. Y.; Security-First National Bank of
Angeles.
convertible
C. T.
C.
—
Morris & Bousman
Brashears
Durand
8'76
876
876
—
Co.
&
3.00
3.00
—
Inc
3.50
3.00
I———
—
Co
& Olds
Reynolds
Stirling,
G.
—
&
Corbett,
&
deposited
are
Sept.
To
oc\n
they
detached
National
To
«e
a
case
for
when
prior
_
•
certificates
with
be applied
Sangamo Electric Co.—Extra
Dividend of 30 CentsSep{' 3 deci"red "" "tra dividend ot 30 cents
latter
calling
subordinated
"ia
such
series B cumulative preferred stock not
exchanged will
redemption -at $33 per share and $21 per share,
respec¬
in each cas?, accrued dividends to the redemption date.
for
PURPOSE—If
proposal
to
and
of
and
the
To
Los
Co.—
*
1,314
,
Schoellkopf
3.50
1,314
—
Burns
5.00
5.00
''
1,534
1,314
,
,
—
—_
,
take
advantage of this exchange offer, the certificates represent¬
ing the old preferred stock to be exchanged,
accompanied by the
exchange form furnished by the company must be received at or
375.
time,
A
called
of
growth
St
years a growth estimated'
764
Boston, from time
its
promissory
be
to
Salem Gas Light
Co.—Note Issue—
£175
®475,000
series
&
Goodwyn
stock, 40/100ths
preferred
Following
South
timber
!,° Uti!ize for 60
annually.—V.
of
Courts
Doolittle,
Martin,
10.50
2,191
1,534
———
Auchincloss, Parker & Redpath
Brush, Slocumb & Co
Other
lative preferred stock not
deposited for exchange which are represented
by certificates bearing attached common stock purchase
warrants, and
upon
the surrender of such
certificates
for
such
redemption, new
detached common stock
purchase warrants will be delivered calling
for
the same number of shares as were called for
by the former
attached warrants.
souarp
exciuslvely
used
machine
to
to
which
in
warrant
exchange offer.
10.50
2,191
Company
Interest
attached
exchange,
convertible
Royal Typewriter Co.,
Inc.—Expands Facilities—
In
meavy
remain
10.50
4,601
T_—
(Inc.)—
Watling, Lerchen & Co..
stock, 63/100ths
the
of
delivered, together
Rose's 5, 10 & 25-Cent
Stores, Inc.—Sales—
*®a^?8 166,
should
purchase
Period End. Aug. 31—
preferred
stock;
purchase warrants attached to certificates repre¬
series A cumulative preferred stock should
either
prior to the deposit of such certificates for
exchange or
exercised
for
cumulative
preferred
stock
common
senting shares
be
series A
of
convertible
For each share of series B cumulative
preferred
share of convertible preferred
stock.
The
3,276 621
10.50
4,601
——-—
—
Co
Weedon
Central
to
OFFER—Company offers shares of Its $2.60 convertible
In exchange for Its
outstanding shares of series A and
cumulative preferred stocks on the
following bases:
of
18.75%
4,601
common
subject
stock
share
one
B
8,216
Co—
Quarter Ended June 30—
For each share
$4,592,814
rev..
revenues
B
(a)
of
not
common
EXCHANGE
Rochester Telephone
a
the
stock
A
The
Sutro
'
765
465,903
*$1,445,952
1,038,400
—
"Equivalent to $1.11
110,681
$1,658,681
961,511
income———
(Cash
$1,548,000
$1,081,373
$2,403,625
Interest paid
•Prov. for Federal income taxes—'
Net
$989,645
174,242"
Total
Seaboard
ENDED APRIL 30
1947
for
and
being offered in the company's exchange offer and the respective per¬
centages of the shares of convertible preferred stock offered, but not
taken, in the exchange offer, to be purchased by each, are as follows:
_
RESULTS FOR FISCAL YEARS
$195,000
period.
UNDERWRITERS—The
Crowell,
hauling coal and similar com¬
modities, as well as additional closed top hoppers built for the
handling
of phosphate rock.
Specially constructed cars for transporting bulk
cement have been delivered
during the first part of the year and are
now in service.—V.
166, p. 571.
some
109,110
$1,002,608
dividends——
Net
Johnston, Lemon & Co
Also
18,256
$1,281,096
income———
.
room
In each
of
months
seven
Heading the list of new passenger equipment
sleeping cars now under construction.
divi¬
April
preceding years.
were
of
program
motives and
30, 1948, will aggregate
■*80 cents per share.
This would be equivalent to $2.60 per share on
?the old capital stock
outstanding prior to 3'/4-for-l stock split-up on
duly 28, 1947.
The old stock received $2.60 per share in the fiscal
*year
first
the
warrants
Total
the
Legh R. Powell, Jr., President, on Aug. 30 disclosed some of the road's
plans for further ailing the development of its territory.
The Seaboard, he stated, is now in the
process of carrying forward
pay¬
the
Net
$4,654,625 $$4,684,007
Has Broad Improvement Program Under Way—
*.
condition
dividends
further
of
for
President,
Mass.—
share,
per
This
$$657,888
funds and maximum permissible capital fund
income amounted to $1,955,332,
and if
capital fund charges are
"disbursement of the current fiscal year.
$383,874
Minority
& Receivers
months'
first
a
Revere
Racing
Association,
Inc.,
Revere,*
Dividend of 25 Cents—Earnings Increased—
New Co.
$8,732,984 $71,330,208 $67,625,501
790,996
5,967,083
6,709,810
1,085,908
7,129,062
7,354,869
724,570
—
Old Co.
& Receivers
"Before deductions for sinking funds and capital fund
charged against income in December. $Loss.
will
the
proposed
"Retirement
for salaried employees of the company.—V.
166, p. 955.
5Plan"
ry.
"Net
annual
the
April
ry.
Total
stockholders
date
in
1947—7 Mos.—1946
Old Co.
New Co.
plus
Meeting Date—
the
to
the
1947—Month—1946
5'/2%
A
share
a
beginning of this year there were
preferred outstanding.—V. 165, p. 2930.
Revere Copper & Brass, Inc.—Annual
At
series
$55
the
At
ashares of the $50 par
redeem
to
preferred stock
Period End. July 31—
in
approxi¬
EARNINGS
9 Mos. End.
,
June 30/47
Prov.
1946
of
STATEMENT
.
»
$15,980,918 and current liabilities
1947.
28,
Sept.
business
loans
prepara¬
$13,810,396 and current liabilities $3,100,325.—V. 165, p. 2550.
were
of
receivable.
ended
year
company's
purchases
in
variations,
$947,000
to
include,
the
in
price
loans
and
fiscal
the
$2.44
1947
practice
prewar
of
times
28,
cash
the
of
871,847
$1.03
June
1946
mately $281 per contract.
~-V. 165, p. 253.
cumulative
shs'.
its
of
During
$2,356,380
shares—.—
com.
NOTE—Current assets amounted
817,762
483,310
outstdg.j
com.
consisted
1,549,478
$997,968
accumulated since Jan. 1, 1947 to
the calendar year 1947 the known and estimated costs
and other major supplies.
$8,273,606 $10,374,994 $17,169,471 $18,431,168
-
of
charge
1947—6 Mos.r—1946
profit after Federal
Common
646,040
$1,334,734
-
applic. to
earns,
estimated
after
are
stock
In
furniture,
Net
accordance
taxes
868,518
,
990,696
369,236
$1.51
tprovision for bad debt and repossession losses.—V. 165, p. 2457.
$Jet
2,334,181
exps.
gen.
taxes
earnings
Dividends on preferred
$8,283,168
556,683
355,126
$1.37
ffiales
and
income
volume
485,379
figures
NOTE—Earnings
admin,
for
Corp.)
$5,042,632
—
shrs.
outstdg.per com. share.
Earned
Frank
of
1947—3 Mos.—1946
Uet
Common
Distribution,
Subs.)—Earnings—
Earnings
787,687
75,127
75,127
degree,
17,711,324 *40,128,650
598,656
1,310,346
1,370,414
2,822,599
2,322,887
4,375,999
"22,318,617
673,820
—
Freight paid on products sold
(Exclusive
100,000 shs.
2,000,000 shs.
.
warrants
purchasing retail installment sales contracts originating with dealers
in automobiles, refrigerators and other appliances and with
furniture
and general merchandise stores.
Based on the amount of loans out¬
standing at Dec. 31, 1946, the company believes that it is one of the
larger companies engaged primarily in the small loan business in this
country.
At June 30, 1947, approximately 96%
of its total assets
26,362
$29,105,019 $23,647,289 $52,543,452
—.
Depreciation
Reliable Stores Corp. (&
par)—_—
of Seaboard Finance Corp. (Del.), and
subsequently
controlling Interest In the Eastern company to the
these corporations were merged into the
company
The company is engaged in the personal finance
business, primarily
making small loans to individual borrowers and, to a lesser
G5.360
Dr24,095
8,744
products sold
formed
was
company.
Paper
Income
Cost of
705.
p.
&
—-
Total
.
166,
$5,500,000
400,000 shs.
stock
BUSINESS—Company was Incorporated in Delaware
the purpose of acquiring a majority of the
voting
Finance Co.
of Calif.,
the original predecessor of
in 1927.
The Western company held a
majority of
for
Seaboard
of
the voting
1,733,045
929,010
Pulp
AND
transferred
use
damaged
Brunswick
from
of
loss
Co.
to
surplus
"Deficit.—V.
$319,972
inc._
©educt's from net
Net
$8,044
($1
1943,
28,
which
June 28, '47
$28,167,265 $23,671,384 $50,718,685
for
recovery
of-machine
$29,971
—
Dec.
stock
12 Mos.—
June 28> '47 June 29, '46
sales
Insurance
Div.
income
Net
preferred
stock purchase
Common
6 Months
Period Ended—
Net
Extraord.
FINANCING
Outstanding
$5,750,000
15, 1951)
—
$2.60
(& Subs.)—Earnings—
30,350
ord.
from
PRESENT
I
$76,278
inc.
income—
ord.
TO
Authorized
HISTORY
Deduct's
EFFECT
4%
the common stock
for
GIVING
300,000
at the office of its Vice-President, Allen L. Chickering,
171,344
524,294
20,516
54,436
sealed
company
(PST)
,
CAPITALIZATION
of
purchase
the
for
,
Separate
by the
Monday, September 15, 1947
Co.—Bids Invited—
company has issued
invitations
of common stock
(par $10).
eon
$
^
Operating income
Ordinary
income — non
FINANCIAL CHRONICLE
&
Silknit Ltd. (Canada)—To Redeem 5% Bonds—
All
called
of
the
for
Vancouver
outstanding 20-year
redemption
will be made
or
on
Oct.
at the Bank of
Halifax,
1,
5%
next,
first
at
Montreal in
mortgage bonds have been
104 and interest.
Payment
Toronto, Montreal, Winnipeg,
Canada.
I
'
,
(Continued
on page
56)
•
*
<
Stock Record
New York Stock Exchanae
«»
DULY RANGE OF FRIGES
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSUE
Range for Previous
STOCKS
Monday
Sept.!)
Sept. 6
$
$ per share
$ per
share
per
105
*84
*36
36%
Acme
Adams
17%
6,203
50
50
50
*48%
36%
36%
37
36%
*49
36
36%
7%
*7%
7%
28%
28%
29%
4%
4%
4%
35%
35%
36%
34%
65
65
102
♦95
65
34
65
34%
95
95
22%
34
♦95
22%
102
101%
50
3%
8,500
36%
3,500
22
22
22%
22%
183%
•19%
183%
20%
31%
31%
33%
33%
33
33%
103%
35%
*183
181%
183%
*19%
20%
*19%
31%
31%
31%
31%
36
36%
98
98%
103%
36%
x35
98%
98%
93
25%
25%
25%
25%
*25%
6%
6%
6%
*6%
98
*48
49%
*80
82
80%
36%
.36%
98%
98%
2,300
26%
26%
500
6%
6%
6%
49%
800
x45%
46%
45
45%
8%
8%
8%
8%
*48
49%
81
80%
80%
47
47%
3,600
66
22
21%
21%
71
71%
70
*69
71
70
71
*11%
11%
11%
11%
12
41
40%
1,000
21%
1,800
22
21%
21%
21'/a
41
*11%
40%
♦40
195
49
47%
106%
106 J/4
106%
106 %
106%
108 J/3
•105%
108'/a
•105%
50
50
20
21%
20
20
20
20
20
20
xl9%
*98 Va
99
45 J/4
113%
27%
27%
28%
*4%
4%
*4%
4%
*14%
15%
*14%
17%
16%
4%
4%
4%
15%
15%
•14%
15%
16%
17
16%
16%
17
15%
17%
16%
16%
16%
*78%
84%
♦80
*38%
38%
1,100
15%
15%
2,500
82
82
38%
16
91
84
90
38
38%
16%
85%
.65%
38%
38%
*38%
38%
7%
7%
7%
7%
7%
7%
7%
*53%
55
54%
54%
23%
24
X23%
'85
55
54
54%
23%
24%
23%
24
*7%
7%
7%
*53
12 Va
12%
•12
13%
13%
•13%
23%
7%
1,900
American
7%
12%
♦12
12%
600
12%
13%
13%
*13%
100
13%
21%
21%
21%
21%
3,600
21%
112%
112%
300
114
•112%
114
110% Jun
m
LOW
Saturday
# per
98
♦97
10
t
17%
167
37%
34%
*34'/a
58y8
166
24%
40
25%
24
24
39%
39%
132
55
56%
•
55
159%
160%
72
71%
71%
74'/4
73
158% 159%
•71%
73
Xl57%
25%
•128%
*128% 136
55
29
157%
159 '/a
51%
119
15
51%
52
51%
•119
15%
119 J/4
15
119
15%
102'/a 102 J/a
•101'/4
39%
38%
•94%
38%
73'/a
157%
*94
96
♦85
87
86
102 »/a
7
*61%
68
41 Va
41
49 J/a
17%
*11%
*4
23%
frrvi-TirtfAe
cfiA
17%
•12
13
*4
4%
33%
34%
rvorra
OT
102%
102%
86
7
•61%
87
7
66
41%
56
40%
17%
15%
40%
54
111
49 J/a
17%
13
52%
♦119
119
15%
55
55%
49%
51%
119
54%
55
52
52%
119%
*noy8
49%
17%
•12
111
49%
17%
13
4%
•4%
4%
34%
34%
36%
15%
15 J/a
101%
♦101%
43%
45 J/a
97%
98 J/a
98%
88%
93%
♦88'/a
7%
100
159%
16,600
400
2,700
550
157
52'/a
2,300
119%
•119
15%
101%
7%
900
500
73%
156%
51%
70
15%
10,200
400
103
6%
7 J/a
1,000
100.
54 J/4
55 J/4
55%
1,380
40%
40 »/a
40'/2
1,600
18 %
•12
13
4%
4 J/8
36%
36%
Common
*49
17%
•12
4
38%
Tobacco—
& Teleg Co
Tobacco
class B
preferred
American Viscose Corp
5%
preferred
Am
Water Wks & Elec
$0 1st preferred
American Woolen
24,300
111
51
300
18
1,2FOO
13
4
36%
200
4.000
prior preference
Amer Zinc Lead
$5
St Smelt
prior conv preferred
Copper Mining
Anaconda
No par
No par
No par,
100
No par
1
25
50
Cable
No par
Anchor Hock Glass Corp
12.50
$4 preferred
No par
Anderson, Clayton St Co
21%
Anderson-Prichard Oil Corp
10
Andes Copper Mining
—20
A P W Products Co Iftc—
5
Anaconda
Wire
&
Archer-Danlel8-Mldian<|
No var
Jan
20%
69% Apr
Oct
6% Feb
8
5
Sep
31% Jan
2
25
Nov
90%
Dec
102% Aug 11
Feb
Mar
135
Feb
12%
61% May
Aug
103
4
3%
Oct
8%
Jan
Feb
8
29%
Oct
69 %
66% Sep
2
62%
Oct
82
Jan
Jan
38
Jan
81% May
91%
Oct
6-% Feo
44
48% Feb
18
Apr
12
22% Sep
8
104
39% Mar
Sep
39
31%
Nov
63% May
Nov
Nov
62% May
91% Nov
95% Nov
39% May
3
25
Sep
Oct
12%
Apr
44
Oct
75
Apr
Sep
91% May
13% Jun
6%
9
90
July 24
64%
50
Sep
3
37%
Nov
II
9
Nov
11% Apr
80
Jan
Apr
74% Dec
7
25%
Oct
45 y4
Jun
72%
Oct
88%
Jun
12%
Nov
30
Jan
36%
Oct
64%
17%
Apr
Sep
Feb
106%
Jan
Feb
7
5
3
133% Jan
15
7% Feb
8
1
77% Jan
17% Feb
99
19%
67% Nov
Mar 20
31
50
July
108
99%
30%
•
Jan 23
8% Feh
3
Apr
Jan
Jan
29%
3b
51
Aug
Deo
29%
105% July 28
39% Feb 10
99% Sep
July
26
212% Jun
Oct
18%
7
0
35 % Feb
113
17% Oct
154
July 24
22% Feb
7
196
Mar
*137
May
5% Oct
79
Oct
129
Dec
184
196% Sep 12
64 /e Fen
1
210% Mar
42
Nov
72% May
115% Jan
8
96%
Oct
132% Mar
Feb
10
21 Va
Nov
Feb
6
Aug
5
28 %
110
56
Jan
40%
Feb
150
104% Sep
3~4%
Apr
32%
Jan
26% Feb
7
17%
Oct
Feb
4
20l/a
Sep
Mar 12
97%
Dec
July 28
Jan
6
41%
Nov*
75
Sep
11%
Feb
Jun
24
102
Jun
108
48% July 28
117
46
July
7
5%
17% July 28
13%
Oct
23%
15
17 y4
Nov
5 v.
100
Oct
Sep
28% Aug
14 y4 Jan
18
Oct
6% Feb
20'/a July
9
Feb
6%
8
115% Jan
25% Feb
Oct
63
Deo
35%
27
10
Jan 24
Mar 7
Jan 31
Aug 15
Feb 10
Jun
X34% Jan
10%
106%
12%
14%
30%
19
15
19
17
4lVaMayl7
116% Jan 9
12 May 19
101 July 9
26% Jan 16
90
May 23
68% Jun 5
5% May 19
May
30% May
45% Jan
40% Sep
109 Jan
2
19
15
12
2
46% Jan 10
14% Apr 15
12 Va Sep 4
3% Jun 17
30 Apr 29
37% Feb
16% Feb
22% Feb
64% July
July
Mar
Jan
37
Feb
28% July
158
29% J&n
11
42
51
Mar
Jan
111% Mar
58% July
20% July
16
Jan
6%
89
43%
14% Deo
163
.
Jun
July
17% July
60
Apr
22% Jun
133% Aug
123% Aug
Feb
Feb
23
186
42% Aug
106 %
July
20
Aug
Feb
Apr
19
Sep
33%
33
Sep
•2
Sep
73% Jan
45%
Oct
165
34% Deo
Jan
160
27%
Nov
25% Deo
Sep
24
38% Oct
8ep
138
47% Jan
159% Nov
4
5
76 %
5
1
»
26
4
10
7
24
29
Feb 31
Feb 17
Apr
191
60%
Feb
172
Apr
•0% Feb
43
May
38% July
•6%
198
Feb
Apr
67% Apr
900%
Jun
Oct
73
Feb 13
Jan
6
57% Jun
Jan
95% Feb
.
Jan 30
Feb 13
Feb 13
69% Apr
Nov
27 %
23
3
120% Aug 12
18% Feb
8
10%
Jan
*173% Nov
163% July
58 Va Jan
106%
50%
110%
103%
Jan
12%
Aug 20
Feb
84% Feb
Sep
88%
2
146% Feb 24
82 Va
Sep
10%
87%
24
28
17
5
6
8
24
7
174% Feb
Oct
34%
Jan
62
106% Jun
25% Jun
23% Oct
133% Deo
,
25
7
24
10
4
39% Feb
45% Mar
Nov
12% Nov
July 17
14% Feb
7
39% Feb 24
16% Feb 24
129 % Feb 21
117% Feb 21
17
Feb
7
147
109% Feb
Oct
98
32% July 17
Jun
share
$ per
21%
16
3
Jan
15% Feb
101
*45
May
Highest
$ per share
2
28% Sep
40
Jan
44%
119
Sep
Lowest
share
172
Jun
15%
Nov
Range for Previous
Year 1946
1
Highest
183
May
16% Jun
118
liy4 Mar
22%
111
Jan
Nov
18% Mar
9% Sep
January
$ per
12% 'Jan
Jan
99%
Jan
65%
8y4 Sep
8
Jan
116
May
31%
8% July
Apr
44%
118
44%
42% Apr
55
129% May
Sep
37% Sep
5% Oct
90
101 % Feb
4
149% Jun
62
Apr
61 Va Apr
151 Apr
62
41%
Dec
33
-
100
25
25
100
14
100
Sep
8%
104
9VaMay23
x25%Mayl9
100
134 Jan 9
l
10'% Jun 30
No par
28% May 27
No par
9y0 May 19
No par
100'/4Mayl9
No par
90
May 19
No par
11% May 19
100
176
Jan 21
10
24% May 19
100
99
May 21
5
9% Aug 25
No par
15% May 20
No par
34
Jun 27
No
48 % May 19
100
159
May 14
25
33
May 19
100
144 Apr 18
No par
25% May '19
No par ,
23y4Jun 10
-No par
21 Jun 3
100
34 May 17
100
116
May 19
No par
40 May 20
6%
Conv
55 J/4
50'/a
American
800
34'%
17%
Amer Telep
93
66
*49 J/a
Sumatra
98%
33%
*110 J/a
Refining
Jun
24%
18
18% Jun 10
94% Apr 19
No par
100
No par
No par
Preferred
66
•110 J/a
Co
Preferred
Am
700
34%
111
Sugar
39,400
66
40%
American
44'%
43
34J/4
*61%
preferred
Foundries
300
73
157%
157
34%
32%
158%
72%
157%
Steel
Stove
55
73
"157
non-cum
American
132
55
♦71
33%
33%
159%
6%
Stores
41%
72
33%
32%
X157'/a
'
-
Amer
American
24%
*128 »/a
56
10
Snuff
American
400
*40%
,
130
♦55
Preferred
3,500
24 J/a
73
inn
86
40%
40
130
Amer
26'/a
♦26
24 J/2
♦24
*
Building Co
Smelting St Refg
Ship
29%
29%
26 J/4
100
148
148
29%
72%
*94%
*6%
•49
35
148
Amer
330
35
*34J/a
American Seating Co
12,600
.
166'/a
166
American Safety Razor
170
59%
58 J/4
60
167 J/a
conv
400
38
♦37%
38
72
96%
•61%
•110 Va
17%
73%
39%
7
111
17%
17
3,100
11%
71%
44
66
♦110 Va
10%
71%
39%
6%
41 J/a
160%
159
105
4%%
Mill
preferred
Rolling
American
190
11%
28%
28 »/4
11,300
31%
105
San'y
Preferred
*
105
148
29%
•25%
26%
♦24
24%
39%
39%
•128l/4 132
55
55
13,000
131V4
31%
34%
*34
•146
148
13%
182
•178
182
11
preferred
$5 preferred
Am Rad St Stand
1,400
13 J/a
13%
to
News
Power & Light com
$6
500
99%
*98
98 J/a
Amer
10,800
108
108
108
American
Co
American
;
10%
Ltd
Co
preferred
Molasses
300
11
32
Co
preferred
St Metals
Metals
6%
200
143
10%
10%
98
Amer
11
32
167
166
34%
34%
*146
29%
25%
24%
40 %
25%
17%
37%
58%
166
'
148
29
11%
10%
59%
168 %
♦146
106
•17
38
58
30%
30%
105
17 y8
38
CLOSED
182
•178
11%
11
J
13%
13%
13%
182
30y8
30%
105% 105%
13%
EXCHANGE
107
98
97
*178
STOCK
•
107
98
97%
32
10%
•30%
3,400
cum
Mach
Amer
•30
11%
►30
200
29%
*141
143
11%
•30%
32%
10%
10%
107
107
97
97%
13%
13%
•178
182
30%
31%
105% 106
•11%
11%
17'/a I 17%
*37%
38
58%
59%
•10%
Mach St Fdy
9%
29
29 J/a-
144
144
11%
•10%
*9%
3.90%
10
99
*97%
9%
9%
28%
28%
29
144
144
144
11
11
•31
32
10 %
10%
*1067/a 108 7/a
97 J/a
Amer
4,400
25%
25
25
98
9%
9%
28%
30
29
144
25%
•97%
98
*9%
9%
•9y8
25%
•97
Shares
$ per share
May
Feb
68%
X50
Feb
$ per share
Par
24%
Jan
38% Feb
112
Lowest
EXCHANGE
the Week
Sept. 12
share
t per
share
25%
share
24%
26
26
Sept. 11
$ per
Sales for
Friday
Thursday
Sept. 10
I per
share
$ per
share
Wednesday
Sept. 9
Sept. 8
Sept. 6
HIGH SALE PRICES
AND
Tuesday
Monday
Oct
Nov
Range Since
STOCK
Feb
13 %
44 %
1
STOCKS
YORK
NEW
30%
3
10
6
July 29
5% May 19
49
Jan 16
22% July 30
6
May 16
90
Apr 23
9% May 17
12
May 19
18% Mav 19
Ice
preferred
May
Feb
37
non-oum
1%
19
10% Feb
6
89% Sep 11
14% May 19
82
Sep 12
—No par
preferred-,
100
Amer Internat Corp
No par
American Invest Co of 111
1
American Locomotive
l
6%
102
*98
♦13%
•112%
114
•110
Home Products—
Nov
Jan
May 19
Sep 11
May 19
16% Sep
2% Jun
50
l
preferred
conv
American
21%
21%
x21%
21%
114%
6%
300
Sees
8
July 25
3% May 19
13
Jun 10
Tiling
Encaustic
European
8,000
•13%
13%
21%
4,000
12%
•11%
12%
114%
102
•98
102
*98
102
•98
1,000
55
23%
7%
102
♦98
300
8%
7%
♦54
23%
*7%
7%
7%
7%
38%
7%
6,200
3%
91
16%
♦78
2,500
17
16%
90
16%
16%
Amer
91
89%
94
*87
*14%
100
Deo
169
38% Aug 2'
July 15
May 19
36
May 19
X125
Jun 17
3"% May 19
85
Sep 12
184% Mar 21
36
May 21
94
May 21
20 % May 21
105% July 18
50
Sep 8
19
Sep 5
xl9% Sep 12
95% Jan 22
44
Sep 9
113% Sep 10
25% May'19
1
No par
American Export Lines Inc
40
Amer & Foreign Power—,
No par
$7 preferred
—No par
$7 2d preferred A
No par
$8 preferred
No par
American Hawaiian 88 Co
10
American Hide & Leather
1
600
3
lo
100
20
Co
Distilling
American
4%
15%
3%
100
,
3%%
Amer
4%
4%
3
3%
3%
3%
3%
95
29
28 J/4
-
,
No par
—100
No par
10
10
Cyanamid Co—
;
preferred series A
Amer
1,400
30%
30
30
100
prior preferred
4%%
'
2,400
114
113%
114
(new)—
Coiortype Co
American Crystal Sugar
8,600
46%
45%
46%
457/8
113%
99
*97'/a
99
*98 J/a
99
'
conv
American
500
1,300
.
Inc
preferred
American Chicle
1,000
*20 Va
Fdy
preferred
non-cum
5%
50
21
44%
95
108
50
51
113%
3%
*106
100
No par
Am Chain & Cable
It
20%
44%
3%
800
50%
27%
27%
23%
20%
113%
113%
23%
108%
♦106
1%
600
&
Car
American
106 J/a
23%
Can
Preferred
2,400
49
100
l
23
preferred
Cable St Radio Corp
5%%
720
196%
48%
No par
Co
Shoe
Brake
Am
106%
50
44
45%
113%
American
107
113%
44%
Amer
2,000
20
•98 J/a
99
♦98 '/a
3,500
50
20
20'/a
5
85'/a
51
•20
20 J/a
10
20%
50
20
*12511
127
195
23%
23%
23%
23%
24'/a
23%
108 J/a-
3,100
5
*103 J/a
♦106
41
49%
47%
23%
40%
85
49
48%
106
300
196 J/a
*195
195
48
195
193%
194
47%
♦11%
12
5'/a
85%
86%
preferred
American Bosch Corp
6%
30
85'/a
5
5
86%
pfd
American Bank Note
73
8%
65%
20%
67
9
1
100
10
50
1
Airlines
cum conv
*71
127
*12511
125H
jjj
4%
86%
86 J/a
86%
86%
193
125
4%
4%
4%
4%
127
*1251*
127
•125tf
41
40%
39%
3%%
67
21%
66
66
66
21 J/a
Petrol Corp
No par
Agricultural Chemical-No par
American
67
66
50
preferred
conv
Amer
16,800
8%
8%
87/a
66
1
91
Oct
65
24% May 19
5% May 19
46
Jan 16
73
Mar 7
34% May 16
No par
Apr
105%
17% Sep
18
100
pfd
conv
cum
61%
July 28
7
55
99% Feb
30% May 19
91
Jun 28
100
No par
Amerada
900
47%
8%
Corp
Alpha Portland Cem
Amalgam Leather Co Inc
0*
79%
65%
12
3%%
46%
8%
Inc
Co
A,»*J?r<;ferred Mfg
26%
81
49%
71%
Stores
5
No par
No par
Co
Allls-Chalmers
98%
*48
49%
82 %
*11 J/a
Allied
100
102
36%
6%
81
♦65
4,600
34%
34%
*100
98%
6%
8%
Mills
36%
48%
49%
Kid
Allied
6,600
*26
26%
*48
Allied
1,200
■
No par
Chemical &
20%
34%
101
101
103%
2,200
31%
gtd
7
10% Feb
32
May 19
93
July 2
15% Mav 19
164
May 20
13
May 17
29% May 17
30
Jan 16
No par
100
1
Alghny Lud Stl Corp
183%
31%
32
100
Corp
AUeg & West Ry 6%
Allen Industries Inc
1,600
*19%
20%
34%
34
33%
•101
50
22%
183
185
20%
2,000
22%
22%
*22
35
100
*95
3
common
preferred
4%9S>
200
100
10
Gold Min
Juneau
Allegheny
67
34%
35%
100
182%
31%
♦47
*64
34%
*19%
35%
6%
36
67
182%
•101
•101
36
*95
~
Aldens Inc
share
$ per
$ per share
share
110
25% Jan 13
May 19
56
Alaska
1,400
3%
*64
34%
67
♦64
34%
x34 %
*0^? preferred A
100
$2.50 prior conv preferred-No par
3,600
5
101%
35%
*101
1
Alabama
105
4%
Sep 10
Aug 27
Apr 14
18% May 19
92
Jan 8
2% May 19
No par
Inc
& Vicksburg Ry
Highest
Lowest
87% Jan
May 16
May 19
30%
g
27%
104
4
1
Reduction
Air
9,200
28%
21%
3%
3%
3%
35
Admiral Corp
3%
101%
3%
34%
800
21%
101%
3J/4
3Va
Address-Mutigr Corp
101%
20%
101%
3%
20
Adams-Mills Corp
900
21%
21%
21
20%
*100%
20%
400
7
*102
5
Co
Express
36%
28%
105
*102
105
*102
4%
Steel
51
7
27%
28%
106
8%
8
8
7%
7
4%
8
8%
101%
►100%
CLOSED
1,300
17%
28 Va
4%
X20
STOCK
EXCHANGE
53%
17%
50
*102
106
4%
53%
17%
7
28%
28 Ve
►102
53%
17
Motors,Co
ACP-BriU
53%
17%
*36
-7
7
2,000
53%
8
66 % May 20
90
Jun 4
6% May 21
43% Apr lg
13 % May 19
38
May 27
No par
_No par
2.50
10
1
—No par
10
com
Straus
&
Abraham
105
*84
17
*48%
50
105
53%
8
163/4
17%
16%
*48'/a
*84
105
♦84
Laboratories
Abbott
1,600
76%
76%
77
S per
$ per share
Par
Shares
$ per share
Year 1946
Range Since January 1
Highest
Lowest
EXCHANGE
54 J/4
53%
54
the Week
77
77%
76%
77%
8
8
7%
54
Sept. 11
Sept. 12
$ per share
share
$ per
105
*84
Sales for
Sept. 10
share
77%
78
78
Friday
STOCK
YORK
NEW
Thursday
Wednesday
Tuesday
Sept. 8
Saturday
PRICES
SALE
HIGH
AND
LOW
99% May
Oct
100% May
150
Sep
48% Oct
116% Sep
13% Oct
102% Sep
29% Jan
100% Deo
87% Deo
7
Sep
64
Ceo
35
41
Oct
38
Sep
108
Deo
Sep
43 %
Jan
15%
Oct
13% 8ep
4%
Nov
174
July
78
May
121
Jun
28% Jun
110% Feb
70% Jun
182% Jun
106 % Nov
15%
Jan
May
•1% Feb
60% Jan
63% May
*114% Mar
s64% July
27% May
to
24%
Feb
19%
Feb
ov,
Dee
18
COMMERCIAL
THE
(1058)
NEW
LOW
'
Monday
Tuesday
Sept. 6
Sept. 8
t per
I
13%
13%
13%
t
$ per share
$ per share
share
' 4
Thursday
Sept. 11
t
,
13%
•
share
per
13%
103%
103 %
103%
•18221
182%
182%
46%
45%
104
182|J
46 %
46
46
107%
107%
107%
•15%
15%
14%
12%
12%
14%
15%.
*104
108%
♦12%
13%
105%
105
182 3/4
46%
108%
*14%
463/4
108
15
183
,
108
*14%
-
-
47%
12%
123/4
800
15
15%
4,300
115
116%
*116
118
*116
115
116%
115
115
116
117%
160
116
Associated
270
6%
2d
33%
79%
33
8Q%
33
79%
102'%
x33%
33%
83%
82%
102%
*32%
83%
102%
102
102 3/8
13%
13%
13%
13%
51%
51%
51%
51%
513/a
*25
25%
73
•70
33%
111
*70
34%
22%
66%
♦117
22%
25%
25%
♦6%
7%
14%
*14%
20%
20
20
20
20
5%
:5
•40%
*49
51%
257/«
*70
25%
2,700
1
51
70%
70%
100
34%
343/4
3,700
*
■5%.
*111%
111%
111%
360
4%
104
103%
104
960
Preferred
104
23
223/4
22%
22%
23
2,800
Atlas
66%
66 Va
66%
65
€5
440
Atlas
*116%
100
6%
28
6%
*14%
7
7%
117%
*23%
7%
7%
8 Vs
2,400
14%
14%
*14%
15%
200
21-
21-
213/4
5
21%
5 Vb
41
20%
Austin
Autocar
21%
4,100
Automatic
5
5%
8,500
Avco
40%
300
403/4
$2.25
Sep
.Nov
18%
Oct
17
Nov
124%
Dec
153
125
Dec
148
34
Sep
May 19
99
Jan
2
78
112
Feb
10
100
Oct
183/4 Feb
15
13
40% May 17
Oct
59
Feb
29 Va
13
45
Sep
83
:«!% f"eh
is
23% Jun
62
4
2
22
77
15
393/a July
107 '/a Jan
10
—_100
983/4 Apr 14
21% May 19
57
par
22
preferred
—No
Nov
27% Jan
34 3/a
Nov
114
Nov
30
25
10
10%
18
16%
19% May 14
Sep
29% Jan
29
18
Nov
X17% May 13
273/4 Jan
27
15%
Oct
'
3
4% May 19
par'
39
7% Feb.
8
May 10
49
Feb
13% May 27
16% May 19
16
Apr
973/4
Jan
135
Nov
18% Feb
May
51% May
130 Va Jun
Oct"
22%
X533/4
9
12% Feb
5o
1—,,
493/4 May
94
May 19
13 Vs
Amer___54
of
Dec
Nov
105
July 28
53/4 May 16
.
Jun
Dec
19
" July
22% Mar 11
par
($1.20)—No par
(The)
73
121
Jun
May
68
• Aug
8
26% July 24
■
May
125
263/4
8
Feb
121
105
18
113% Apr
T100
Apr
Oct
31
Mar 29
113
Jun
May
May
May 28
.10% May 19
No par
Canteen Co
32%
4
Jan
—No
May
Aug
30
4
Feb
—100
1
Feb
3 6 3/8
Dec
12
112%
132% Feb
31VB Apr
—
conv
102
134
25
preferred—
Mfg Corp
20
30% Aug 26
66
1
1
Corp
pfd
Jun
100
No par
Co-
21
41
10
100
preferred.,——100
Nichols
14
112% May 16
v_100-1—10
No
Conv prior
1,300
111
5
conv
5%
41
*
Corp
21%
5
41
20
13
Powder
4 %
28
14%
21%
5%
*116%
28
21
21
41
117%
*23-%
42%
13
$3.75 series B
Atlas Tack
„
173/a Feb
203/8 Feb
pref series A
conv
May
14% Apr
Refining'-!
1173/4
♦23%
21%
104
Atlantic
Jun
65
10% May 19
—
non-cum
345/g
172
4
SS Lines——
I
Oct
17
common
Atl G & W
125
7
Feb
At'ant'c Coast Line RR
400
12
Co—
preferred
F Inc—1—
T
A
600
25%
253/4
73
.
13%
Sep
Jan
Jan
Topekd & Santa Fe—
5.%
112 %
14%
♦40%
13%
New
Atch
34%
66%
20
5
41
51
73
*117
28
6%
14 Vb
x20%
133/4
,
35%
22%
66%
118
♦23%
13%
400 *
1,300
111%
104
22%
66%
♦117
102 %
34%
104%
21%
67
118
101%
7,000
.
139
19
100
May
July
Sep
110
—100
18 Va
112
6
preferred
share
per
Sep
24
55
May 19
38%Jun 10
1
i
183
140
102% Jun
10%
130% Jan
14 % May 26
preferred
Investment
110%
111
104
-
26
*70
34%
111
104%
*25%
73
34%
111%
104%
26
103
~
•
81
80
'
13% '
•48%
33%
*323/4
823/4
102%
.
.13%
25%
33%
82
8
Highest
$ per share
6
5
Corp—
Goods——
Dry
1st
7%
153/b Mar
——No par
Constable
Associates
102
103% Sep
10o
Artloom Corp
12%
15%
115
preferred
Arnold
15%
117
No par
190
l27/a
Year 1946
Lowest
$ per share
93/4 May 19
400
15
115
prior preferred
conv
of
15
13
♦115
—^—5
Co
108
12%
120
Illinois-
$ per share
Armstrong Cork Co—___—No par
$3.75 preferred--,—
No par
3,200
14%
115
$3
STOCK
CLOSED
7%
14%
117
EXCHANGE
$6
130
*14%
115
I f
500
108
15%
Armour &
16,400
Range for Previous
Range Since January 1
Highest
Lowest
Par
106
*46%
york stock
exchange
.183
*104%
183
new
Shares
133/4
13%
..
105
-
Sales for
13
14%
RECORD
the Week
$ per share
13%
,*182 32
46
♦107%
15
STOCK
Friday
Sept. 12
$ per share
-
13%
■
18214
YORK
Monday, September 15, 1947
stocks
Wednesday
Sept. 9
FINANCIAL CHRONICLE
PRICES
Sept. 10
Saturday
j
SALE
HIGH
AND
&
Sep
Jun
vO3/* Aug
253/4 Jun
233/4 July
:
22% Jan
323/4
Aug
6% Nov
14 3/a
Feb
83 Va
Feb
May
.
8
41
Oct
B
Xl4%
14%
*13%
16%
17%
16%
17
12%
13
12%
13%
13%
13%
17%
17%
17%
18
18%
18%
13
13
13
65%
X65%
14%
49
23%
24
50%
50%
<49
13
67
20%
•46'/a
12-/8
13
13
13
13
67
49%
49
49
25%
26%
26%
51%
51
51
13%
14%
13%.
13%
20%
20%
20%
46%
103
103%
103
*18
18%
•18
19
106
106
106
8
8
35%
46%
103
X46%
1
28%
♦18
28%
12,400
13%
20%
13%
3,7.00
Bath Iron
20%
I,100
Bayuk Cigars Inc
463/4
400
46%
-19
46%
463/4
102 Va
*100%
*18%
19%
106
8%
i
28%
13%
203/4
35%
*32%
31
31%
31%
15:
14%
14%
15
13
13%
13
13%
13%
21
21%
21%
21%
*2iy4
22
21%
105%
105%
♦1051/4
107
*105%
•105%
107.
X30
30%
18
18%
35
29%
30
30%
12%
123A
21%
21%
107
30 Va
18%
X18 3,4
183/4
24%
*24%
25
97
*95
97
*95%
97
•95%
27%
28
27%
28%
25%
24%
85%
25
25 Va
*94%
28
..
.
273/4
28 3/4
1,200
28
86%
9,700
87%
85%.
87%
Best Foods
85%
86%
8,5<M-
Bethlehem
♦144
145
53
53
144
144
*144
144%
53
15%
15%
•30%
29%
■29%
14%
14%
14%
14%
14%
14"%
143/4
15
27%
27%
28
2
26
27%
27%
26%
52%
52%
53
♦14%
14%
14%
*36
40
-
/
*15%
?
30
53%
■
35%
36
35
96%
97
97%
53%
54
53
53
28
28%
27%
28
43
43%
47%
42%
48%
♦98
,•3%
-
4
•33
35
8
13%
13%
33%
32%
28%
27%
35%
37
35%
36
20
"
20%
21%
21%
•'
17
•122%
17%
»*
>
27%
27%
43%
43%
48 Va
*100
4
8%
133/4
32%
28%
27%
35%
35%
105
108'/a
v
17%
*104
17 Va
16%
78%
78
33%
*33
101 %
xl23
•78%
•
<
'
34%
123
10%
'
•
10
77%
>34%
*33%
100:%
*
34
17%
17%
•17
17%
17%
30%
;
*30
30%
29%
18%
97%
'
98
86
*97%
85%.
13
13%
K
*r
•79%
<14%,,
101
3%,
88%
13
•6%
13
7
79%
79%
14%
14%
*100%
67/a
3%
17%
17%
103%
24
:
*3%
17%
101%
102
3%
1
23%
177/a
*33%'
23%
11,900
100
10%
15,000
77%t
34%' *
70
\
1
,
'
100
'
100%
200
173/4
17%
700
x30%
18%
30%
1,200
18%*
0,400
18%
*97%
98%
86
88%
♦fe'5%
88%.
-13%
13 Va
*6%
-
•78%
6%
120
63/4
7,300
6%
80
80
14%
500
80
14%
UV4.
*
>100%
14%
3%
102
3%
3%
18
50
101
3,000
100%
Bohn
17% '
*101%
3%
900
17%
7 Ou
102 Va
'20
"
24%
*24 Va
24%
Bon
*23%
Nov
73
19
Jun
Jun
of
19
Ami
Co
B
Jan
2
104
Feb
17
11
' Feb
'Nov
17% Feb
13
15
Oct
Jan
6
15 Va
Nov
24% Jan
2
106% Aug
7
96
LOW
Sept. 6
per
share
Monday
Sept. 8
$ per share
30%
•53
2
6%
STOCK
EXCHANGE
CLOSED
26
'15%
120
*44
*18%
10%
74
*12%
AND
HIGH
SALE
TUesdity
Sept. 9
t
per
31%
U
30%
31%
ra
54
53%
$ per
24%
.
533/4
2%
7-'
2
31%
*53
2
2
J per share
31%
54
Friday
Sept. IS
Sept. 1J
,
share
31%
'
400
class
2%
31 Vb
32
♦53%
54
2,400
*
40
2
2%
2
2
3%
25%
•6%
'"6%
3,400
25%
6%
6%
6%
7
26%
2,400
153%
26%
26 %
15
26%
26
26
15%
15
xl5%
15%
15
♦118
15 %
121
15%
*44
45 %
*44
45%
♦18%
19%
•18%
19%
11%
11%
11%
11%
74
74
74%
74%
120
120
45%
*44
193/4
*18%
11
753/8
120
11%
45%
19%
11%
74
74%
133/4
*12%
*54%
56
118%
119
♦54%
117"
13 V#
56
117%
243/8
34%
41%
413/4
34%
*41%
16%
163/4
16%
40
17%
40
40
40
'
*12%
*54%
118
13 «/a
55
118
34%
34%
34%
42
42
42 Va
x
120
120
120%
-
11%
x 73
16%
183/4
'42
8,OPO
t
V4
122
210
10
Bristpl-Myers
3%%
Brooklyn
Brown
42
*
118%
lis
*
35 -
'
18%
Oct
33%
Jun
37 Va
Sep
58
Jun
26
Co
17% Feb
3
14
34
Nov
66% May
18
Deo
35
112
~
8
15
No par
13
No par
2.50
7%
Budd
par
15
3%%
1
Butier
Bros
4 % %
Butte
Copper
81
""
Zinc—
No par
17%
,.
27
13 %
Sep
20%
Feb
11
30%
Oct
53%
Jan
10
23
Oct
43% Jun.
Jan
Hoy
115
25
Oct
36% Jan
7
106 Va Apr
SO
27% Feb
3
Jan
14
10
,99
May 19
Jan
Jun
$6% Feb
Sep
31%
103
14
Sep
;
.
Oct
22%
Jun
Oct
99
Jun
25 % Oct
96% Deo
18 Va
Nov
38% Feb
10
/
33
17
10%
15
>
95% Deo
B4% Deo
.
97
Mar 12
0
8
9% Feb
6
88
84% Feb
12
23
7
108% Jan
6
Feb
4
10
81% Feb 10
;94% May 22
19
May 19
i
;
6%
V
Oct
Deo
13
.
8
Jan
45%
Nov
467/a
597/a May
111
Oct
Oct
104,
Jan
3
99
86
July
7
Mar
119% May
102% Aug
21% Jun
15%
Jan
98
May
39% May
110
4%%bct
11
Jun
26 V« July
•
Nov
75
Oct
20% Nov
105
Sep
Feb
108% Mar
Nov
32% Feb
95% Jan
15% Feb
Feb
9%
104% Feb
100
130
70 Vb
2
4
Apr
25% May
Jan
'
19
19
38%
Sep
120
Apr
Apr
45% May
110% Mar
Oct
14
May'
38%
20% Oct
.
18
37% Aug 12
102% Apr 11
23% Feb 18
7
19
May 19
Jun
36%
18% Sep
3
123% May 20
14% Feb
7
.3% May 17
13% May 19
,
Dec
70
,105
5
9%
35%
19% Nov
May
Jan
Feb-
112% July
40
*■
new york
1
v-
May
Range for Previous
stock
exchange
California Packing
.
-
!
-
n0 par
-
5% preferred
Callahan Zinc-Lead
Calumet & Hecla Cons
50
—I———li
Copper
5
Campbell W & C Fdy
Wo'p'ar
Canada Dry Ginger Ale
Inc-1.66%
$4.25
preferred
No par
Canada Southern
Ry Co—
100
Canadian Breweries LtdNo par
Canadian Pacific Ry
25
Cannon
Mills
—ZZZZWopar
Administration
Carolina
Carpenter
400
Jan
95
Stocks
500
7,600
Deo
34%
3
1
11% May 19
■
Z' ioo
~ 5
-__ioo
35%
Deo
Jan
$2
Jan
3
6
:
ByorSMC? (A M).^____:::Wopar
Participating preferred.^
Byroa Jackson Co
Sep
Deo
12
•
Jan
<72
10
preferred
4%
30%
.
13 Va Feb 31
63
12% May 19
par
1
—
Apr
Jun
88% Feb
84
p~referred__I6o
common
573/4
613/4
IO73/4 Aug
11% Jan
109% Apr
99
___ioo
Terminal
1
Deo
12
>14% May
26!
May
14
May
95:% Jan
80
May
preferred—^100
Bush Term Bldg 7%
3
Nov
99
10
Sep
36
31% Feb
25.% May 20
pfd-I-IlOO
Burroughs Adding Mach—No
Bush
Sep
Nov
42 Va
40% Feb
,.72% Jan 15
par
100
2nd
preferred
•
27%
.
23
9'
Inc—
5
Corp com"——5.~~i"
cony
3% %
7
Jan
Apr
69% July
48% May
18% Feb
*
Co
BUrllngton Mills
t4%. preferred
Oct
9
96
13 Va May 19
120
Jan
2
4.--—___._No par
Bulova Watch
May 16
May 19
203/4 Sep
No par
_
52
Jun
102
preferred ————
„ioo
(The) Co \Copimon^„—No
par
$5 preferred
Buffalo Forge Co—.
Niag El Corp $3.00
Bullard Co
9
Mar
73%
35% Sep
100
par
com..
Oct
Sep
Jan
18% Aug
17% May 19
25'/4 Jun 11
100
Wo
Bruns-Balke-Collender
;
May 17
23 V8 May 19
^No par
4?
101
6% Feb
8
30
jv0
Inc
87
8
39 % Feb
May 20
Sep
11
Jan
35% Feb
102
Sep
Feb
„
51 Va July 25
3 Vb May 19
32
Feb
24
49% Jan
383/4 May 21
37% May 19
9734 Mar 14
6
_
1
Apr
May
23'/a Feb
25
common-—:
Co
July 25
Mar
41% July 23
l
900
-
1,)
307/a
67
.$3 preferred A
Carolina Clinch & Ohio
'
v
42%
41
46
Oct
Sep
9
May 19
280
';;i8v"
34%
Nov
15 %
53
-
34-14 '
31
59
preferred _1_—
Union Gas
Shoe
Capital
13%
*34 Vs
6
10
36
110
_
55
118%
Jan
X20 3/o Feb
8
BUcyrus-Erie
200
*12%
83%
16
$3.60 preferred
1,200
*54 Va
Nov
Feb
Bridgeport Brass Co__
Brlg'gs Manufacturing
Briggs & Stratton—,—
21,300
13
63
Sep
Bearing Co.Braniff Airways
Inc-—
Brewing Corp of America
11%
55
168
23
18% Jan
96
Bower Roller
73%
12%
1143/4 July
.34
3%% cum preferred
100
Boston & Maine RR
(assented)_100
85%
Deo
—Ills
5
62% May
313/4 July
Nov
9
14% May 19
15,
Aug
Feb
22
143
May 17
•
36% May
112 Va
3
14
_
19%
*54%
,
•40%
800
44
44
*18%
27
Feb
28 % May
Carrier
Power
Steel
&
Co
Preferred 4%
series
$ per share
Highest
$ per share
Aug 18
27%
Deo
47'/4
Jan
29
53
Oct
68
3% Feb
8
3
Sep
6V4 May 19
21% May 19
7%
Feb
8% Feb
7
6%
Oct
12%
Jan
30 3/4 Feb
7
20%
Oct
40^% May
Jan
2
22
x55
12% May 13
17% Feb
10
12%
*
Apr
Apr
NOV
18
July
Feb
10
113
NOV
147
May
48% Feb
18
43
Oct
58
Jan
19 % May 19
25% Feb
20
24
Dec
25 3£
Deo
9Va May 17
15% Feb
13
11%
Oet
22%
Feb
Aug 22
143/4 Feb
1
57% Feb 18
51%
Nov
733/4
Apr
12 V.
Oct
21% May
59% May
.116
?'42 3/4
Mar 15
July
132
'
1
Jan
17
Apr
14
50
RyZZZZ^OO
May 26
115
Mar 29
*
$ per share
May 14
53
11
100
32
Year 1946
.
Lowest
$ per share
.
243/4 Apr 28
56
A
_
—Z~ZZZIZ~10
Z—ZZZI50
.,
-
Highest
1
class
Light Co
Corp
Range Since January 1Lowest
Shares
26%
6%
4
' Jan
66
53% Aug
—;
Jan
29% Nov
12
31
Par
54
Feu
150
No par
Corp.":
Apr
Jan
Sep
Apr
—
Borg-Warner
37
Dec
Sep
Apr
28% May
35% Jan
58
24%
28
Mar
30 7/a
112
96%
No par
Brass-
110
Oct
7
% .T«n, "1
18% May 19
5
Va
Oct
17
•>*
41
par
May
May
Dec
28%
28% Jan
May 21
12 % May 19
.
16%
103% Feb
27
—2.50
Bond Stores Inc
common,.,,
Borden Co (The)
Sales for
the Week
I per share
32
*63
Jun
.
102
7
39% Feb
23% July 16
25
par
C
Thursday
Sept. 10
share
May 17
No par.
-j.—
RRICES
Wednesday
18%
2
76% May 19
136% May 19
46 % May 20
14% May 19
"
Saturday
Jan
25% May 17
19% Apr 19
par
Jun
31
A—
&
Nov
39% Mar
173/4 Sep
9
21 Vb May 20
/
Jun
% Aug
May
1183/4 July
7
40
28
No par
No
111
64
15
12
6
16% May 19
—No par
1
-
203/4 Aug
108% Feb
123/b May 10
10% May 21
No par
Mfg Co
Co-.
.
5% May 27
No par
„No
8
30% Jun
103
100
9
31 Va May 16
1946_No par
(Del)
.
110% Jan 31
30
104 *
1
Aluminum
Class
320
3%
18
101
;
99
24
33 %c
St Laughlin Inc
Bloomingdale Brothers
Boeing Airplane Co!
ZlO
,
13%
4
101%-,
•23%
600
17%
13
18
101%
22 %
122%
17
Oct
Sep
5
Bliss
"30
*85V4
14%
3%
.
17%
101%
105% 5
*85
;
101
100
98%
13 Va
6%
1793/4
101
:
1,000
86
~
88 V*
i
14%
*
18 V#
97%
1
79%
14%
101'
86
•85%
13%
79%
98%
♦84
; :
18%
•97%
86
•85 %
7
•101%
'24
98 %
*81
a
'
85%
30 i
20 Va
30%
*100
30
18%
*84
108 Va
.77%
,
17%
30 %
18%
18%
1,300'
122%
'
31
•17
35%
lOVa !
100 3/4
17
:
"
10%—
77%
30%
,18%
•
-
10%
101
1,100
*21%
17%
•33%
3,300
28
*104
122.% 122%
•99%
100%
33%
20%
80
*77 %
3,600
*29%
22V4
17
'
124%
10%
100
13%
>,*107
105%
,
-
35%
30
*21%
500
2,400
27%
""V
20 Va
*29%
20%
xl7%
«
•
100
8%
33
108%
20 Va
v
105
20%
33%
21 Vb
46 Va
—
90 Va
*13%
28'A
35%
10
35
8%
*87
.
7
2
(E W) Go
$2.25 conv preferred——No
-
4
35
8%
33 %
109%
2,600
7,400
1023/4
'■'*33/4
.
90%
133/4
''
43 Va
49 %
♦100
34%
8%
13%
43
4,500
'
4
♦87
27%
49%
102%
;
34
*
92%
'
49%
4
■34%
27%
43%
48:,/4
102
<
23
Feb
Jan
—
150
30
21%
100%
2,000
Feb
24
62
18
42,
l
Black' & Decker
160
♦108%
105%
17
II,300
54
20%
•122%
'
36
♦20
10%
•77'
35%
*29%'
33%
■
35%
900
39
98
35%.
•-
-
•99%
) »
X353/a
353/a
*36%
32%
124%
>10
16%
19V2
20 %
21%
15
183/4
30
♦105
500
19%
40
*27%
109%
20 %
*29%
29%
105%
53%
19%
18
May 19
102VsSep 11
,
Bliss
*52%
13%
28%
29 %1
Blaw-Knox
4,000
*96%
8%
33
28'
•105
3,300
54
*87
13%
•108%
15
14%
*36%
Jun
393/4
preferred
23%
98
•34
32%
•108% 109%
54
15
7%
14%
*52%
*3%
8%
13%
*53%
31
Dec
100
Bigelow-Sanford Carp Inc
Birmingham Electric Co
273/4
*96
47%
88%%
•
7B
Sep
18 %
—
500
98
43%
35
8%
88%
(
57
21
19% Feb
„—_10
.___
ser
Steel
303/,
53
102
4
*33%
8%
91%
•72
;
27%
102
*3%
303/4
53
47%
*98
130%
1,400
1,200
16
*96
43%
47
102
53%
*153/4
20
19%
96
53%
U5%
40
19%
35%
*
14%
*3
53%.
\ *30
„
54
14%
<tn
18%
.
15%
30
*53%
14%
,
16
400
53%
53%
53
,
Oct<
30% July 24
Co.—
27
145
Co
pfd $3.25
Ei
26%
15%
,34%
Cum
Best
25%
53%
20
,
86%
145
48%
15
12
No par
_1
Bendix Home App Inc com
Beneficial Indus Loan__
25%
X29%
■i
97
Howell
25
15%
18%
J,800
1,100
97
28
53%
1"
&
41%
203/4 Apr
.13% Sep
5
a._10
Corp.—
88 Va
Deo
54% Jam
Co—
4 V» %
preferred
Bendix Aviation
3,100
25%
85
145
27%
Eell
.10
18%
19
♦95%
700
'
30%
Aircraft
Sep
Apr
25 Va
27
———50
Bell
66
30%
Feb
hfd———lOO1
RR
13
May
i
50
__No par
Packing
30
i—50
——25
Belding-Heminway—.
2,100
107
303/4
18%
24%
800
213/4
*105%
30%
18%
25
85
15
13%
13 %
15
Creek
Beech-Nut
Oct
69
Feb
557/s Jap
28% July 28
Shoe
Beech
1,500
12%
Jan
May 20
Inc———2.50
4%% preferred-,
_100'
Beech Aircraft Corp—_
l
.30
313/a
Jan
38%
May 19
1
Co-r—
Jan
47%
16 Vs Feb
18
Corp->„
conv
Jan
60
Beaunit Mills,
Beck
2,200
34
♦31
15%
17%
24%
145
.
190
cum
30%
Oct
47 >/a
——r
Works
Foods
33/8 %
200
8 3/a
34
31%
*15
13%
30%
25
25%
35
31%
15%
18
106
8%
'
■24%
28%
*323/4.
31%
,
Beatrice
80
18
8%
/
-
106
:
106
~8%
102
Barnsdall Oil Co_
Oct
18%
r
lo
(Delaware)_10
Brothers———.,
4%%
preferred———
80
Nov
11
25% Feb
May 17
93/4 May 19
preferred..—,.,-,—100
Barber Asphalt Corp
Barker
'
283/4
102%
-
1063/4
8%
400
5%
17%
16% Feb
11 Va
50
——,
24% Feb
7% May 17
—100
—
Conv.
2,800
52
J
preferred
Bangor & Aroostook—
20
26%
'
Inc.
4%
1,400
49
26 Va
T.),
13%
103
106%
*48
*51
Locomotive
Works—
13
Baltimore & Ohio—100
5,700
67%
(B.
20%
.
46%
•102%
8%
*32%
28%
31%
31
*66
Babbitt
Baldwin
15,400
18%
24
20%
13
18%
*49
28%
12%
187/a
*65%
29
800
6.900
13
67
28%
14%
17%
3/4
18%
*51
v
♦46
♦14%
'
v>
51%
14%
♦32%
14 Va
16
'
24%
20%
,
17%
♦51
29%
8
14%
17%
«
13%
*65%
49
14%
17%
24
28%
♦105%
14%
17
13%
•65%
49
*13%
>'
78
128
50
Oct
Jan
9
30'% May 20
39% Jan
2
38%
40
14
50% Feb
7
39
Sep
Vb May 19
19% Feb
18
13%
Nov
35% Mav 19
41% Feb
24
74%
Nov
12
Apr
112
Sep 1
Dec
137
39%
61%
34
60
May
Deo
Jan
Jan
Feb
,
166
Volume
THE COMMERCIAL
Number 4629
NEW
LOW
$ per
HIGH
Monday
Tuesday
Sept. 8
Saturday
Sept. 6
AND
Sept. 9
..
$
$ per share
share
SALE
*6%
6%
65/e
54%
♦106%
107
x37
35
25
143%
27%
27%
37%
36%
55
25 y4
106%
106%
103%
144
'
144
144%
144%
27%
27%
bis-
28
28
*20%
' 20%
18%
18%
18%
18 %
18%
18%
9%
9%
9%
9%
8%
8%
87/a
*112%
113%
112%
112%
7%
7%
*
4
?
13%
13%
13%
STOCK
i
■
7%
27
18%
1«%
93/4
9%
8%
8%
*112%
112%'.
93
*91%
73/4
14
13%
13%
14
*9%
10%
*9%
10%
29%
29%
29 V4
29%
16%
163/4
116%
171/4
27
*26
27
10%
*9%
10%
29%
29%
29%
16%
15%
16%
*26 %
27%
27%
27%
23%
*22%
23 VB
23%
23%
23%
23%
109%
109%
109%
109%
109 %
109%
'
RR
ICant
900'
*26%
*9%
10%'
30
16%
16%
♦26
of
pfd 3.40%
New
Violeta
25%
44%
45%
99%
99%:
4%
4%
'4%
26
4%
87a
9
'
,7%
9
7%
'
*5%
5%
*5%
10%
10%
100
Mllls.i
Copper..
100
^
Chain
Co—
Belt
Checker
200
Chesapeake
5
5%
*43/4
9
9%
8%
9Va
7%
7%
$4.50
ii
ii ;
*5%
■:
f. 6
11
5 %'
preferred
5%
5%
5%
*5%
3%
3%
*3%
3%
♦3%
8%
8%
8%
1
900
-
8%
Chic
Class
1,000
••
7%
-
5%
5%
5%
200
11%
103/i
103/4
2,000
300
Chic
100
-
11
5%
i 3%
sy4
5%
*3% K
3%-
73/4.
*5%
3%
8%
8%f
of
Va
A
RR
30% '31%
31%
30%
9%
9
31%
31
18%
18%
18%
18%
18%
41%
42%
41%
42
41%
27%
28
29%
31%
a*
30%
27%
27%
■«.
54
•54
55
55
56
*12%
13
•12
18%
18
1'
*■
,
Ind
Glass
35
ft
-
Louis
113
*83%
r
4
5,500
V-
Ry
13
57%
Co
26%
113
*
.
43%
cl
Pneumat Tool
Chlckasha
♦16%
17
110%
4i
•110%
16%
-
1
100
31f.
108
•107%
v
.A
31
81%
•78%
81%
81%
*78%
49
*45%
49
*45%
49
♦45%
20
17%
17
16%
16%
*34%
36 V:".'
16%
17%
35 'i
34%
42
17 Va
17
16%
35 •»'
-34%
•34
36
X41*
41%
-40
149%
•147
35%
40%
40
149%
*147
.
-
149%
3,70Q
'
;
Clinton
;
Cluett
—
LOW
143/4 Feb
7
23%
Nor
43
213/4
Nor
Feb
10
4
HO3/* Jan
23
10% May 10
20% Feb
13
27
19% May 21
103% Jun
Jan
3
41% Jun
10
23
1
95
12%
17% Mar
25% May
66%
Jun
~47/a
Oct
18%
Jan
Jan
2
7% Feb
3
12% Jan
29
9% Oct
26 Va
2
7% Nor
14% July
1
5%
Oct
17 V*
Jan
11% Oct
33%
Feb
9y4Jan!
8% Feb
4y» May 17
8% May 19
15% Feb
43/4 May 19
10% Jan-30
!
6% Feb
6% May 19
f
4
38%
Jan
82 3A
Jan
15% Sep
34% Sep
43%
Jan
76%
Feb
12
17
Nor
373A
Jan
July 23
45
Deo
69%
Jan
65
Dec
673/4
14
Deo
25%
Jan
14 '
Oct
25 y.
July
7
21
!
'
56
57% May 15
27
•
21'
Feb
IB'
7% Mar
4% May 17
"
1
|
153A Feb; 11
151/4 Jan 13
1
.
36
Sept. 9
$ per
$ per share
180%
180%
62%
,xl80
j
-
Feb
20
108
Feb
18
21
Nor
23
Jun
37
44% May
68% Deo
108% Mar
20% Feb: 18
15% Nor
38% May
ll7/a Feb
■
94
,
9%
31
May 19
27%
'
10
Mar
Jan~28
*1250
•1250
45%
44%
*104 >/4
19
18%
14%
14%
18%
13%
-
13%
110% Apr
'
43% Jun
22
205
Feb
105
Jan
108
Jan
109
Sep
113%
Jan
106
Jun
108% Mar
Jan
106
Apr
% Feb
62
Ju f
4
271/4 Jun
10
■35% July 28
106 % Jan
10
109
78% Sep
8
:
Mar
3
Jan' 22
101
Feb
153/4 May 19
99 y#
.
56
18
24% Feb
3
57
46V4 Apr 22
•
Jun
10
100
144
Jun
30
1
Sep
36 Va May
Nor
60%
164
Feb
152 *
{18
18
181/4
13%
14
14
14
14
12%
13
13%
133/4
14
13
13
13
133/4
13
25% '
.*37%
37%
37%
16 % : 16%
rl6%
73*%
72%
41
41%
44%
44 V4
44 Va
107% 108%
107%
23%
44
'
29%
10%
10%
29% v 29%
29
1
30%
30%
5
25
25%
,
5 Va
;
1
I
*10%
"
29%
106%
'243/a,
_L
29 7/8
11
3'/b
3%
20%'
11
10%
1034
29%
291/4
30%
29%
30 y4-
301/4
; 51/8
:
5y4
25
25 Va
1063/4
106%
1063/4.
!
780
3,400
-
51,300
2,200
-
1,100
1
2,300
^
1,100
3,300
5%
25%
1,600
1140
May 21
33
May 19
26
15
11%
12%
47
47%
13%
14%
21%
23%
14%
14%
37
37
,
113%
39%
101
14%
102
35%
110
471/4
12%
•
48
47
■
„
21%
221/4
-
•14%
14%
14
36%
363/4
36%
36%
112%
1123/4
X112 3/4
113%
391/4
393/4
100%
114
100%
1
39»A
1013/4
35%
•109
101
•981/2
11%
11
"
1013/4
•107 T
110
43
14 %
10%
10%
471/4
43%
18%
19
18%
44%
143/4'
15
50%
50%
54%
23%
•48%
55
%
23%
14
105%
♦104%
105%
62%
63%
62%
63%
190
191%
190
24
•190
3%
;
5 3/i
3%
3%
191%
32
186
•14%
♦105%
14%
■
►141/0
'5%
5ya
3%
32%
33
106
•
r
106
'
14%
•
33
IO51/4- 105%
•14%
14%
14%
'<
20 '
193/4
51
•501/2
50%
14%
'•'14%
14%
48%
15
5%
2* •»;*
104 '
'
63%
5%
3Yi
33y*
33%
•105
14%
106
2,500
104%
270
-
14%
40
106 '
621/4
4,500
63%
-
90
192 '
192
193
*3'/4
.
x23 Vi >23%
♦102%
*104
105
140
55 1
*54
543/4
;
1,400
14%
14%
i
50
49%
*48%
48%
40
2,000 4
1,600
5%
53^
•
--
of 1947-100
Corn Products Refining
25
Preferred
—100
Coty Inc
...—
—1
"
105
»
>
•141/4
33 %
105 ►
14%
:
Coty
3,600
Crane
700
100
ser
Internet Corp,
1,000
3%
3'/4
33
pfd. 3%%
Cum.
Co
2%4$
common——
preferred..
Creameries
of America*
—1
—25
—100
——1
7'
Jan
■
20% Feb
32 Va May
19
Apr
19
12 % Apr
14
16
27
25
17
14
43
May
1$%
Jun
47
.
Jun
12% May
52
\
Apr
23 % Sep
9
Apr
2
102% Apr
17
101%
1
|
I
i
i
t
t
1
Feb
109% Jan
.
»
Feb
36
Oct
1,
1
25% July
Apr
23%
Jan
16% Sep
Jan
30
17
Nor
32
Aug
48
xlll
Deo
Feb
May
1
t
44% Feb
t
64 V* Feb
12% Feb
!•
10
101
'
63
46% Nor
3
8
10
5
13
7
19
6
20% Feb
61
Jan
82% Feb
105% Feb
195
Aug 15
• % Jan
8
M$y 19
103% Apr 15
14 Va Aug 25
40% Feb 13
107
Mar 5
4% Jan
15
Aug 14
ao
Jan
Oct
109%
Jan
53%
Jun
113% Mar
183%
Feb
63
'
1
24
i
1
1
;
i
Jan
Jan
33%
Oct
j
49% May
Nor
*23% May
13% Nor
30%
V
Fen
Jan
46%
Deo
56
12%
„
2
Feb
;
*
July
15
July 24
Feb 19
Mar 25
Sep
8% Nor
'
55
Feb
33% Sep
103% Nor
8
16%Sepf
22
Apr
"
21% July 28
(
64%
12%
110% July 30
13% Feb
7
48
h
115% Mar
35% Sep
24
July 11
10
10%
Jan
Apr 25
Jun
6
Ron
1
1
Sep
40% May
85% May
47
62
0*13/.
;
Feb
18%
33%
185.
5
2% Aug
,
i 1
36% Jun
14% Nor
105% Jun 28
75'A Jan
7
26%
s.
1
i
32% May
5% Jan
132
,
i
1
July
60
104% July 31
203/a Feb 10
100% Apr
9
14
14 Vi May
t
38% Feb
Xl05% Jun
35
Nor
17% Sep
133/4 Nor
114 Va Feb
<•
May 19
11
9
May 17
44
May 20
6% May 19
123
Jun
Feb
<
Juir 18
35
69%
1
•
13% May 27
>
106% Apr
60% Aug
Oct
|
^
42% Jan
<
177/e Mar
99% Jun 26
97
!
783/4 Dec
36% Oct
24%
2
1
.
I
105% Sep
10
/
Deb
0% Oct
13
15% Feb
1
i 1
1
24% Nor
33 1
Oct
3
1,
"i I-
Apr
36% May
2% Jan
i
J
-'
Jan
Sep
29% Sep
12% Nor
1
64 % Jan-
4#
111
.
108% Mar 28
<
14
19
2
29% Feb
Jan
,
i
Jan
47
103% Deo
2
Feb
1
Jan
47
36%
31% Aug 15
t' 35% Feb 11
10% July 30
-
33% Jam
147/b Jan
11% May 21
17
May 19
12% May 19
34% May 19
111% Jan 13
.
123% Jan 29
:
40% May 19
'
;
13-
38
Oct
20<
'
2
4
i
9
1
.
22 Va Feb
7
4% May 19
Motors.
Continental Oil of Del
Continental Steel Corp
2,500
20
:
263/4 July
29
Jan
8% Sep
3
Apr
Jan
39
32% Nor
•
6
115% Feb
11
41
110
27% Nor
I
12% July 25
393/4 Aug
8% May 18
cum.
—-5
——14
Cooper-Bessemer Corp
No par
$3 prior preferred
—No parCopperweld Steel Co—
5
Conv pref 57$ series
—50
Cornell-Dublier Electric Corp*—.1"
Corn Exch Bank Trust Co—.-20
Corning Glass Works eommoA
8
3%%
preferred.
...
—.100
,
t
23
Feb
Sep
12% Oct
$
243/4 May
24%
28:
Mar 21
XI053/4 July
23% Jan
Oct
12% Nor
32% Jan; 10
•
Feb
23% May 19
30
Apr 14
Oct
13J
4
86
19
60% July
Aug
63% Jun
15%
11
60
■27 % May
Oct
15%
.
32% Jan 21
47% Feb
111% Sep
Deo
37
4
17
19
2% May 19
>'
Feb
69% May
42% Feb
.
10
(16'/a Feb
20 % May
Continental
1,400
*T90
,3%
32»/a
14%
63
"5%
*3'/4-
151/4'
104%
" 193
■
5%
'5%
15«/4
233/*
63%
"63
"
'6,200
104
105%
*104%
•
45 y#
54
55
233/4
103%' 104
*104%
103J/2
•
2,700
8,100
443/4
143/4
t
14%
*543/4
56
<23%
104
184
7%
46%
7
45 y4
14%
„
50
•14%
-14%
♦543/4
23%
•481/2
50
,103%
-
14%
14
(14»/4
700
x51
52
*501/2
'
14
f
Xl9%
19%
19
183/4
52
11
45
•
•50%
400
46%
7'%
7%
■
14%
1
•10%
47
7y*
300
7,600
110
*107
'
10%
7
•44
14%
35%
351/4
36%
110
463/4
.
.
7%
*
44 %
♦100%- 103
162
36 y4
36%
20% Feb
17'A Feb
e
1
0
28
share
200
,
*99
10
17% Feb
103% Jun
•
Continental Baking
2,000
14%
preferred-———.100
Go
No par
$5,50
preferred—..———No par
Continental Can Inc
—20
$3.75
preferred——
.-No par
Continental Diamond Fibre..—5
Continental Insurance...—.—10 •
4%
140
102
14%
14%
xio%.
46%
14 %
♦100 3/4
102
'
370
3,400
41%-
40
41%
.1,700
^
Feb
1
36
Copsol Retail Stores Inc
.i-.-Ll
Consumers Power Co—No par'
$4.50 preferred
No par
Container Corp of America—-—20
1,200
1
•:
113
46%
11'/a
46%
14%
1013/4
1093/4
110%
*1003/4
36%
36%
112%
4,800
-
14%
141/4
'
40
14'/a
"36
'36
7
14 >/a
x
47
43%
14 y.
14%
363/4
*99%
14%
22%
143/4
22%
11
.•14%
22,800
14%
143/4
50
4,700
14%
21%
14%
14%
47%
14%
47
14%
*48%
47
221%
1133/4
400
471/4
•
14%
•14
•
11
May 19
72% Sep
39% Apr
,
Oct
61% Deo
Aug 28:
103/4 Mar 27
May 14
9% May 15
8
May 20
22% Apr 18'
23
Apr 19
1<T
Apr 18
30% May 28
14% May 10
Highest
$ per
20
Aug 25
May 17
8
•
May
r
May 22
46
f
16% May 19
'
Consolidated Grocers Corp—.1.83%!
Consol
Laundries Corp.
*—5
Consolidated Natural Gas——.15
Consolidated Vultee Aircraft....-1
Consol RR of Cuba 6% pfd.!..100
1,000
12 '/4
213/4
14%
7%
15
*11%
15
39%
7
*143/4
121/4
22
*100%
110
15%
*11%
13%
39%
36%
xl5
13%
102%
102
15%
12%
47
473/4
363/4
113%
15%
*11%
15%
15%
•11%
May 17
18
12
'
15
130
5
66
Jan
2
105% July 25
99% Mar 13
'
$ per share
•
No par
No par »
No par 1
preferred..———..—No par
65 Va Jan
:
Year 1046
share
Aug
1155
ConsoL Edison
$5
$ per
189
Coppermines - Corji.—_i.—5
of N Y*
No par *
Consol
18,000
25
1063/4
'
9,100
■
1063A
"
25>/4
107
106%
.
30%
.
*5%
5»/a
51/8
25%
...
*30
=
' 30%
X30
5%
25%-J.
i
2,300
29%
29%
'
29%
100
900
293/4
10%
29%
,
:
112% 113%
10%
293/4'
1.00Q
-
24 I
24
3%
113V2
29%.«
1,400
/
107%
107%
.3
245/n
3%
30%
1063/4
107%",
■
1
106%
44
112 3/4
29J/2
•
11
5%
43%
3»/a
29%
25
44%
■■
112 y4
,
800
31,700
41%
107
;.
241/2
41%
.3%
112 5
"
29%
•72%" '-74%
41%
112%
,,3%
11%
38 1
16%
*15%
<-
'
330
1,100
..
141
May 19
x61% Jun lo
No pur
5 ;
No par
59$
cum
conv' preferred—k—20 ?
Colorado ft Southern..—1
100
4%
non-cum 1st preferred—100 '
4f» non-cum 2nd preferred!—100Columbia Br'd Sys Inc cl A.—.2.50
Class
B-.......2.50 Columbia Gas ft Elec...^!.—No par
Columbia Carbon. CO—.,
—No par ;
Columbia Pictures com.'
No pari
*4.25 cum ' pfdi w w—...No par
Columbus ft Southern Ohio Elec-u.10
Commercial Gredlt.s..
.^.10
*3.60
preferred..-——————100 *
Commercial Solvents—.
No par
Commonwealth ft Southern..No par
$6 preferred series—
No par;
Commonwealth Edison Co——*-25 <
Conde Nast Pub IncNo par
Congoleum-Nairn, Inc..—-i-No por
Consolidated Cigar.!
No par '
'390
v
'27 i
44
•
300
V
•
41%
.
108
23%
16%
.
27
'37%
'
*72%"' 73%
..
441/4
y4
107%
23%
3
'
'
42
373/4
16%
17%
741%
108
111%
3%
113
11%
3 7 3/4
42
'
23% '• 24%
*25%
37%
16%
41%
43%
263/a
11%
U J/2
•721/4
16 Va
72%
40%
26
253/4
37%
37%
>
11%
25'/a
:
-
'
,
*26%
25%
XX Va
25%
■
261/4
26
253/4
25%
.11%
■
29%
13%
13
U%
.3
190
18
♦24%
xll2%
2,000
18
11%
•
17%
13
14-•
13%
14%
26
•72%
17%
13
40
share
165
Jan
'
Jun
Range for Previous
Lowest
Highest
Lowest
per
Ttl
24%
39%
Range Since January 1
Par
44%
6
7
48% Mar
*
Colo Fuel ft Iron Corp..
15-•
11%
CLOSED
6,800
18%
14%
26
STOCK
3,800
.14%
18%
26%
EXCHANGE
187/a
14%
291/4
30
*29i%
25%
.......
is3/*
3,400 '
•'
183/4
"
A
Deo
19%
393/4 Mar 12
May 21
32
No par
-,(The)
f )
27
1115% Feb'
•37
Coca-Cola International Corp No par
:
44%
14%
12%
Class
1043/i
28%
*12
13%
100
Co
Oooa-Oola
Colgate^Palmolive-Peet !
$3.50 preferred...^
Collins
&
Aikmatt_i_*^;
Colonial Mills Iric.i....'
44%
104 5^
18%
28%
30
700
—
45'A
143/8
•13
13%
12%
•12
*1250
"
_!
104%
45
"103%
1043/4
18%
18%
v
r
■
'
18
"
.
18
"1250
'
1043/4
104%
;
.
63%
63%
631/4
14
*283/4
29%
*28%
*63
'
443/8 •> 45
44%
44
•
104
104
185
May
178% Sep
'
26
—.1
r
22
July 24
95
May 19
85
Sep
Oct
6
323/4 July 24
8
May 19
84
Jan 28
l28/a May 19
Feb
38% July
68 % Apr
36% Oct
48% Jan 30
Deo
114
Deo
28
z
37'/a May 19
STOCK
Shares
May
30%
21% Sep
29% Jan
111
1
27% May 20
EXCHANGE
the Week
*
63 J/4
*63
-
share
.'*182
185
184
182
$ per
share
NEW YORK
Sales for
Sept. 12
$ per
share
-1813/4
180
63%
63
63
•1300
V
$ per
$ per share
share
Friday
Scpt.Tl
Jan
63
Sep
62% July 17
-
8
No par
STOCKS"
Thursday
Sept. 10
Jan
15
6% Deo
.
42% Mar 17
9
14
21% May 21
—5
11% Sep
3C% Sep
31% Sep
12% May 15
100
•
63% Feb -13
51% May 19.
Sep
3% Oct
8
38% Feb
(
15% July
11 % July
7
27% Feb
,20% Jan 16
No par
No pur
7
14% Feb '
2% May 21
Apr
Jan
Apr
'•'
19:
56% Sep
32
48% Oct
6% May 19
July
Jan
Oct
!
•5 3/4 May
34
Oct
114
30% Mar 10
14
52'/a Jurt
Jan
25%
Sep
105
102% July 25
3% Apr
1
Jan
25% July
543/4 Jan
:
Jun 12
•361% May 19
—
May
28% Jan
i.. 100
Industries Inc..
ft Co—
24
20% May 19
i
.
Wednesday
Tuesday
Sept. 8
Jan
51%
No par
...
Deo
31% Sep
14%1 Jan
14% May 17
....
II
18
2
9
233/4 May 19
Peabody
PRICES
SALE
HIGH
AND
Monday
Sept. 6
23%
Aug 29
■
Saturday
Jan
102% July
^
6
I
Preferred
149%
Deo
8% Sep
O
200
-
89
I
21% Jan
6%
1,500
40%
*147
'
•147:
•
149%
'*34'/2
40
'
40
Stores..
116
110% Jun
35 % Mar,
...
49
X16 3,4
29% Sep
-
Apr
13% Jan
11% May 19
New
—20
ft St Louis Ry Co——100
preferred
;
..100
Clave Elec Illuminating com.No par
$4.50
preferred..!..
No par
Clev Graph Bronze Co (The) New.l
8%
preferred..:
..100
Clev ft Pitts RR Co 7% gtd
50
Special gtd 4% stock.
.50
Climax Molybdenum^..
No por
1,000
81%
*45%
14 %
•
12% Aug 21
9% Apr 14
-.10
Cdxp_.
preferred
4
Feb
96% Apr 15
12% Jan 31
3-
'
4% May 19
No par
—r_.JVo par
ft Fuel—
Investing Co.!
O
'
20
♦78%
49
-♦78%
Financial
116
10
Jan
i
Clark Equipment Co.
1073/4
78%
90
Milling Machine Cb—10
O
120
'
Sep
1121/a Sep
J-
div
common
__J
5,100
110%'
31
1073/4
-
„Vo par
Ice
City
10
41%.
110%
;
•>
.1'
108
*1073/4
T
City
i
llQJ/a
-.31% '-32
.
.
I
C
City
■
-
1.100
Oil
400
189
41%
Cotton
Cincinhatl
2,100
*90
'
41%
XllOVa
"
31
v
;
'
17%
25
5% %
*165
■■
<
Oct
9
Jan
Jun
29
8%
2
108
600
28%
28%
29 J/2
100
Sep
2
10% Jan
100
1,500
16%
19
14% Jan
.^.8.50
5,400
•
Jan
22 y8 Feb
8 3/4 Aug 15
par
Preferred
86%
189
-■-41%
111%
'
32
108
800
"
♦C'3%
*90
'41%
41
111%
*107%
10
17%
♦283/4
100
*90
41%
♦30
30%
108
\
30%
*93/4
20
6
7% May 19
No par 1
...25
12.50
*
"
r
100 *•
in
;
44
*293,i
'
'
July
Clnn Gas ft Eiec
9,700
;
1
4
23
July 17
Co..i_—r—;
Chile Copper Co.:
Chrysler Corp: new.i_._-
100
86J/2
*165
189 :*i
*165
30 ■'.»>
10
17
29%
*28%
29%
22
Sep
158
No par
tChilds
28,600
*•
26%
109%
43%
441,8
•
*83%
'
42
vtc..
Pr pf
($2.50) cum
Chicago Yellow Cab.-
1.300
58%
'
'
.
22
10
.
.
86%
189 w
*90
41%
26
*109
29%
i
•83%
573/4
'■
20
A—35
vtc.No
*3 conv preferred.!
35'/2
26 J/4
43%
10
17
*28%
r
59-
22 *'•
30
10
86%
•165
90
•147
P
preferred
450
-
-
5%
*34
"
noy8
26
44
X30
<
5%
35%
xiioye
-
44%
30%
16%
29%
78%
ft
900
'■
183/4-
18
5 J/4
58%
58%
26
iova
189
•45%
Chicago
'
1
A
Paul
100
54%
54%
*12
i
18> '
213%
90
30%
54%
13 V
-
*34
21%
•165
108
53
5'/4
21%
*8372
16%
110%
53
35%
•110
j
10
85
41
53%
,1T.
43%
10%
*28%
31%
5%
i
•34
:
30%
30
*10%
16%
31%
*12
21%
45%
30
3 pi
14
11
«lfti/a Jun
No par
St
Chicago ft Northwestern
6% preferred v
2,200
-
21% Feb
No pur ;
40
B
Milw
Series
3,200
42%-
...,54%
18
*5%
26%
26
21%
X44%
18%
42"
*52%
13
"
•17%
'
57%
56%
♦110
113
21%
35
*33%
.t
26%
26
18%
42 J/4
30%
53%.
53%
*12%
'
5%
5%
7
57%
56%
*110
31%
18%
-
Chic
4,500
2,900
31%
1
-
19
38 Va
Corp- (The)
Chicago
•
5%
*33%
'•
■
-
42
*53% »' 54 V2
13
*17%
5%
32
*
54%
♦53
*52%
•17-
-
9 J/4
161%
5
'
9
9
Oct
22% Jan
*
1—25
100
Co.r
;
:
28
24
i
1 '
Chicago Great West RR Co——50
5%
preferred.—L—50 1
7,700
5%
*3%
East 111
ft
73/4
'
Corp
Jan
Apr
32% Feb
*
No par
1.25
Mfg
Ohio Ry...
3%%'conv. preferred .1
700
5
Cab
Jun
81% May
23% Sep
20
No par
Chesapeake ft
7,000!
*5%
'11%
•5%
-l
45%
100%-
7%
'
;
27
45 y8
100%
109%
138
<
No par
Champion Pap ft Fib Co
1,000
600
*26%
•
45%
104% Sep
1
12
100 %
53/fe
9%
'7%
27
45%
6
No par
Products...
de
180
12
108% Jan
-
No par
Pasco
Certain-teed
110
*100
-
100
-
5%
9
7%
'45%
45%
'
12%
*26 Vi
"
~
44%
*12
27
*26
25%
43%.
100%
26
12
12
18% Nor
...
'
12
*11
11%
54% Nor
2
Nor
Co-—
Sugar
Ribbon
Century
Cerro
Jan
8
64
153
7
•
19% May 19
ser^.100
100
Jersey..
Jan
Jun
Feb
No par
i
1
capital stock....—
6,900
23%
23%
New
4,600-
'
'
27
♦108
"
•
700
„
29%
'
"
*11
„
73/4l
^
13% '
13%
15%
100
30
Aguirre Assoc——
Foundry Co_^__
31% Nor
104% Jun 18
Central Hudson G ft E Cotp.No par
Central 111 Lt: 4%%«preferredi.,100
Central
'•
13%
♦9%
110
Central
Cent NY Pr Corp
*7%
29%
22%
Central
2,000'
►
10%
55
183
Oct
26% Sep
X139
1—20
3,900
„
40% Aug 18
Highest
I per share
share'
6%
8
49% May 19
117V4 May 19
100
preferred.)
7% Feb
$ per
158% Jan
No par
1,000
•
t
CLOSED
109%
5%
20C
Lowest
May 23
<
No par
Corp.
13
29% May 19
No par
1st preferred
Celotex
92%
.
Tractor_._»
Jan
138
-
Corp of Amer oom_No par
'
7%
EXCHANGE
-
20 3/8
iy
i
t per share
6
1
25
2hd preferred
1%
80
113%v
112%
.*92
*4.75
700
4,900
,
8%'
7%
Celanese
Year 1946
Highest
$ per share
par
100
Caterpillar
2,600
9%l
8%
5
Preferred
19,800
„
!
28
•20%
■
92%
*91
7%
"
*.
'
1061/2'
144
4
*141
9%
8%
93
*106
20 Va
9%
9
7%
'
28'A
Range Since January I
Lowest
Carriora ft General C*>rp„
Caae (J I) CQ^
50
53%'
243,8'
53%
X24
Range for Previous
STOCK
t
'
4,000
.
(
<18%
9%
"
36%
151
YORK
EXCHANGE
400
20%
8%
*91
36%
NEW
Shares
7
151
24%
20%
93
36%
155
54%
*20%
113%
*6%
25%
106%
20%
♦91%
7
*151
20%
♦112%
$ per share
54%
24%
144 '
♦143%
27
*63/4
153
54
"
107
107
143
$ per share
6%
X153
24%
'
the Week
$ per Share
19
RECORD
Sales for
Sept. 12
37
54%
55
25%
24%
Friday
Sept. H
6%
(1059)
STOCKS
Thursday
155
*152
154
STOCK
Sept. 10
7
36%
36%
36 %
154
YORK
CHRONICLE
PRICES
Wednesday
*
share
per
FINANCIAL
&
Oct
Oct
23%
Feb
1'
60
Apr
(
60
*12% Nor
62 • Sep
•
25% Oct
101% Deo
58% May
*185% Deo
7% Nor
4%
Oct
31
Oct
101
Not
27% Jan
67%
•
.
Jan
39% May »♦
109% Aug
75%
Dec
210% Mar
14%
Apr
7%
Jun
<
? t
Jan
49%
*
110% Aug
35%
Ja»
h
■
'
20
the
(1060)
SALE
HIGH
AND
LOW
PRICES
Saturday
Monday
Tuesday
Sept. 8
Sept. 9
.1
Wednesday
Sept. 6
$
NEW
•
-
Sept. 10
$
share
per
50%
50 Va
50%
*49'/a
50 Va
50
♦40
STOCKS
Friday
Sales for
the Week
$ per share
*493/4
503/8
700
300
50
82 preferred
$ per share
Highest
$ per share
313% May 19
43 s/8 Feb
52% Mar 27
47
Deo
33% Jan
54%
Feb
25
Oct
40 %
110%
Apr
Feb
150
Apr
No par
8
32
Oct
47
jun
X30s/a
31
31
31%
31%
3,400
0
25
106%
Apr 29
106
106
1057a
1057a
140
84.20
»»par
102
117%
1163/4
116 3/4
*116
118%
116%
116%
117%
1173/4
470
84
108% Feb 24
No par
No par
103
105 % May 19
128
8
110
37% Feb
Sep
Sep
13
29
29
88% Dec
62
Deo
96
31
Oruwo
ZieiierDach
26 Va
26%
263/4
263/a
1,300
793/8
79«/a
80
80
80
79%
300
5%
30
30
31
31
317a
33
33%
34
540
Cud*
16%
16 Va
167a
16%
16%
167a
*165
17
16 5/8
17
3,700
253/4
253/4
-
*165
180
26
26
♦79%
180
*165
180
51%
50
3%
4874
49
48 Va
48
*98%
101
*98%
101
*98 %
EXCHANGE
*16%
17
17
17%
17
55 *
*53
9%
18
*136
61
61
61
*61
63
183/4
18s/a
18 3/8
18%
Cuneo
—0
Cunningham Drug Stores Inc__2.50
Pub Co (The)
No par
87 preferred
No par
Prior preferred
-No par
Curtiss-Wright
1
900
56
.
Class
6,400
,
113 % Jan
A
.1
27
267/a
263/4
Cushman's Song Inc 1%
140
*130
pfd
100
Cutler-Hammer Ino
1,200
7
No par
18 %
Jan
22
Oct
17 %
54%
Feb
115% July
Oct
46 %
Jan
28% Jan
7
160
Jan
165
35
Oct
66
Jun
95
Oct
106
Mar
16%
Nor
101
Mar 12
19% Feb
66
7
Jan
24% July
May
Feb
45
Sep
12% Feb
82 %
10
Nor
26
16
139
6
70
Sep
103
Mar
60 *
6% Feb
12"% May 21
Feb
8
2
Jan
53% July 28
24
Jun
129
Jan
166
4% May 20
'
140
26%
Jan
May 14
39% May 17
6% May 19
Curtis
12,300
185/a
Inc.
Press
165
30
Jan
21% Jan
16 %
100
8
34% Jan
May 19
Jun
40
53/4
18%"
May 20
13% May 19
31 %
8,000
62
5%
10
96
300
97/a
138
61%
57/a
*130
267/8
267/a
26 5/8
5 3/8
140
♦130
140
26%
57/a
18
18%
173/4
♦130
26
53/4
57a
57
93/4
138
22
.100
-
'
139
55/a
140
,
10
139
22% May 19
79% May 19
100
preferred
RR 6%
200
17%
*54
58
93/4
*136
5%
253/4
*54
10
97a
139
loo
preferred
Cuban-American Sugar
2,600
100
*16%
17 Va
*60
60 Va
57a
*163/4
55%
55
'
t
93/4
9Va
17 V*
30
7% preferred
Cudahy Packing Co
4% % preferred
—
51%
51
100
Crucible Steel of Amor
Jun
2
100
180
*165
52
101
*100
*135
139
60
55-
*53
9%
180
51%
100
263%
*79
Corp
preferred
2nd preferred
79 Va
*130
No par
*105%
STOCK
'
$ per share
313%
16%
,
$ per share
Lowest
1057a
30
*135
Seal
St
Year 1946
Highest
31%
79 Va
■'1
Cork
Crown
Range for Previous
Range Since January 1
Lowest
105%
31 Va
25%
CLOSED
STOCK
Par
30
♦165
YORK
EXCHANGE
Shares
41
40%
NEW
5%
132
May 17
Apr 23
80% Feb
1
76 Ve
25%
Apr
12%
Oct
128
Jan
146% Feb
Oct
17%
20% Feb
18
Oct
Sep
Feb
34% Feb
Oct
145
Deo
45
Deo
88% Not
July
May
fj
Dana
223/4
23
*96
16 Va
*15 Va
16
X21
21 Va
203/4
31
i,
31%
30%
223/4
97
•96
97
16
22%
22%
23
22 Va
97
♦96
23%
*96
233/4
23%
97
4,400
lOOVa
16%
1674
16%
16%
16%
16%
203/4
21
21
21
217a
21
21
307/a
305/a
31%
30%
303/4
30%
307a,
4,200
120
500
1003/4
13%
127a
123/4
*
1007/a
1007a
101
100%
101
*993/4
100%
13
13
13
12%
127a
12%
•123/4
*34%
347a
34
34
12%
12 5%
337a
34
37%
-
37®/a
38
13
13%
38%
35%
1003/4
3,200
Xl23/a
Preferred 3.75%
Preferred 3.75%
Dayton
Rubber
Decca
Deep Rock Oil Corp
9,000
35%
"35%
300
39%
■39%
39 Va
39%
397a
*39%
397a
1,000
Delaware & Hudson
7%
73%
7%
73/4
7%
73/4
7%
73/a
4,900
Delaware Lack & Western
34 Va
35
233/a
23%
34%
35 Va
235/a
237a
11
35
35%
23s/a
63
*57
10
93/4
237a
63
*57
*57
12 Va
12%
12%
12%
*12%
;
23
23
22 3/4
223/4
223/4
173/4
25
*17
25
24%
36
237a
35
35
♦55
8,600
65
12%
12%
123/a
12%
233/a
233/a
24
24
800
17%
17%
17%
100
173/4
243/a
243/a
*17%
243%
2,500
243/4
243/4
1,000
*39%
40
39%
39%
500
*433/4
44%
44%
'
•
40
40
♦39
44 Va
*433/4
39%
433/4
19%
•
,.
i
19%
193/4
14
13%
13®%
ft
38
39
44
Va
44%
*19
„
193/4
193/B
193/a
18 3/4
14 Va
14
15%
14%
200
Rio
Grande
for
Escrow
for
ctfs
Detroit-Michigan
Steel
Devoe
&
40
3 9 3/4
52
*51
52
*51%
*28%
29
28%
283/4
283/4
2a74
800
34%
333/4
34%
X34
34
34%
35%
35
35%
4,100
Doehler-Jarvis
7,900
\
58%
593/a
58%
20
197a
60
59
20%
20%
20%
59
60%
52
20%
60
207a
5C'%
Cup
Class
.
1
■
}
59%
3,100
37%
36 Va
363/a
36%
37%
363/4
37%
363/4
37%
12,800
*1117a
1123/s
♦1117a
1127a
112%
1123/a
1117a
1117a
111%
111%
102 Va
'
'
103%
1027a
103%
1027a
103V»
1023/4
103
103
103%
1,500
3,400
2,000
Dresser
33/4%
Dunhill
17 Va
'
\
17 5/8
17%
17%
953/4
*94%
953/4
14
*13
14%
28
;
*943/4
♦13
/
,i
28
*28
29
173/4
18 3%
1774
173/4
953/4
*94%
953/4
*94%
953/4
*13
14
*12%
13
13
13%
200
♦28
29
28%
28%
29%
30
500
18
1778.
*94 %
,
!
*
188
,
.
t
188%
188
188
12874
128 Va
128
128
128
128>/4
128
128
10674
I.
i
189 3/4
1283/4
■?
10674
1067a
107»/4
1067a
10^
107
107
107
107
1127a
112%
112
112
110%
110%
110%
111
70
15%
143/4
143/4
15%
15%
147a
.
i,
*112
•1478
LOW
Saturday
Sept. 6
I per
share
HIGH
Monday
$
SALE
Tuesday
Sept. 8
Sept. f>
per
share
223/8
17%
18:
20'
223/4
427a
190
43'"
*49
1
*105
20 %
*101
16%
153/4
108
5%
42%
49
21
102
16%
223/4
18
193/4
*192
50
21
177a
188%
189
173/4
*105
5Va
*5%
427a
147/a
493/4
483/4
19 %
,4
$ per share
231/4
20 %
23 &
19
49
20
,
43%,
108
.
20%
*105
53/a
5%
5%
5%
53%
53%
54%
CLOSED
53%
123/4
13
12%
12%
13
13
13%
13%
12%
800
2,100
,
60
1,500
37%
36%
36%
38
♦36%
700
2,900
1,400
2%
2%
2%
37%
2%
37%
2%
2%
2%
*2%
2%
157a
16%
16%
16%
1,900
16%
16%
16%
16%
9.400
161
16074
161
XI48%
148 Va
148%
1483/4
53%
*159
54
54
*16%
17 Va
167a
56
55%
55 Va
♦11%
12
16
15
11%
16
-15
*(2
54
148%
533/4
54
11%
17
*>0
11%
12
*16
16%
15
*14%
15
32%
32%
105 Va
105%
♦105%
3%
3%
3%
3%
9%
51%
73
8%
9Va
20
20 i/s
14%
14%
9%
*32
9%
.3%
9%
*20
13%
20%
11%
20%
14%
14%
14%
42
42
20%
42
42%
43
*11%
12
♦11
49
49%
28%
28%
6%
6%
*23%
23%
102%
102 %
11%
49
28%
*102
^36
18%
18%
11%
11
21%
51
*48%
49%
106%
106%
55%
55%
24%
*104
21%
*21
23%
15%
32%
32%
107%
107%
*32%
15
*22%
25%
10%
33
15%
23%
50%
7%
7%
237/a
Paso
Natural
500
Endicott
10
4%
300
1,166
800
RR
5%
Erie
Office
A
Evans
Products
105%
49
56
15%
33%
*107%
-'49%
56
15%
33V4
108
,32%
32%
.15
15%
15
23%
22% " 22%
a
*32%
33
49
*
15%
25%
104
22
,
'
51%
491/2
•104%
105
x56%
105 Va
,
57
16
400
Ex-Cell-O Corp
Exchange Buffet
1,700
1,700
71/8
5,300
241/4
1,200
102'/3
20
26%
25%
26%
26 %
10%
27 %
"27%"
10
10
10%
10%
10%
25
Not
34
Apr
41% May
5874 May
Feb
6
July
8
161
Oct
227
Jun
Aug
107% Sep
4
124
Deo
133
July
3
115% Jun
May 27
9
112%
Oct
116%
3
13%
Sep
197
13
129 V4
-
19% Mar
Feb
21
May
100
400
52%'
800
49
16
3/e**2°„
_
21%
21%
34%
*107%
493/8
2,300
104%
200
58
500
16
1,000
34%
3,600
108
20
300
27 %
2,900
22%
28 %.
200
11,300
4,100
*
conv
Felt A Tarrant
Perro Enamel
Fidel Phen
5
1
Nopar
Nopar
..Nopar
lis
4
0
in
,
_Z
25
oar
100
■
Ftostone
4%%
~~3foaar
com'—
Stove
*•
100
Co
Jun
Nov
209
Aug
190
Feb*
27% Feb
39
Sep
Oct
23% Deo
4
101
Oct
17
17%
Oct
Aug 28
43A May 19
50 Va May 17
10 % May 19
111% Feb
15
106%
Not
87a Feb
18
65% Feb
13
16% Feb
333/4 May 29
39 % Jan
37a Jan
193/4 Feb
14
8
11% May 19
152
137
47
May 20
May 26
Jan
171
May ,20
9% May 19
13
May 19
X14% May 27
27% May 17
102
May
2% Jan
7
2
71
Feb
40% May
112
27%
114
Aug
Dec
Feb
16%
Jan
50%
Oct
80%
Feb
5
123/4
Deo
353A
10
34%
Oct
48%
Apr
Jan
3% Deo
133/, Oct
7%
Jan
8
29 Va May
.
July 24
138
128
Sep
Sep
557a July 14
24% Mar 19
11
46 3%
6% Not
30% May
156% Feb 24
3
16% Sep
40
Oct
56 %
Jun
59,
Jun
180% May
167
July
Sep
12
44% Sep
61%
15% Feb
,
21
1174
30% Feb
.
2174 Feb
0
19 Va Jan
8
38
Not
2
107
Apr
17% Deo
17Not
Mar 24
4% May
104
5
Sep
2% Jun
43% Mar
21%
111
574
Oct
Jan
Jan
8% May 14
477a May 19
12% Feb
3
Oct
23 Va
67
Feb
3
48
Oct
72
93
Jnn
85
Mar 25
90
Oct
95
Jan
10
Oct
22%
Jen
7
15% Oct
333/4
Apr
7
21% Not
5874
Apr
45% July 17
13% Aug
6
3474
Oct
63%
Jan
Oct
11%
Jun
60
47% Not
21% Sep
774 Deo
88
20
Jun
11
7% May 17
18
May 19
12% May 17
32% May 19
May 12
44
May 19
25% Jan 16
47a May 19
20% Apr 19
102% Mar 19
32
May 16
18% Sep
5
9% May 19
19
104
Apr 18
Sep
8
20 Va
13% Feb
24% Feb
257a Jan
Jan
9%
8
7
SO
31% feb
1
9% Feb
7
24 Va Jun
1Q8
Jan
42% Mar
Jan
May
29
7
23% July 14
14% Feb
8
Feb
193/4
Jan
Sep
267a
Jan
100% Sep
35
Oct
20
36%
112%
Feb
54%
....
Feb
M$im
10% Oct
Jun
21
Not
34 Va
Aug
104
287a July 23
1073/4 Jun 12
2174
Sep
108
Feb
May 17
May 20
46 3/4 May 27
26% Feb
7*
RubberZZZZ
26% Jan
4
59% Feb 28
19%
20
49
Oct
42 % Jun
70
Feb
61
51
Not
83%
Apr
105% Deo
109 Va
Jan
"™
CoZZZZ~_No var
co^iiiKjE
^Nopar
On
Korlda Power
Cor^ZZZZZT
S2rrtleim Shoe dass A-.ZZZn6"por
Follansbee steel
Corp
Food Fair Stores Incl
31% May
61
19
30
20 %
,
Stores
Nov
Jan
109
■
«
Ids'n'y
A
preferred
Florence
1
s
Corp
Plrth (The)
Carpet
nintkote co fAc)
$4
20
~Nooar
cZ—
V I
preferred
Pirst National
No par
Coro
preferred
Fire
Tire
16%
30%
Jan
487a July 23
196% Feb 27
15% Aug 29
Sep
Highest
$ per share
61
107
7
new
$ per share
253/4 Aug 18
24% Apr
3
-
42% May 17
182 Va Jun
6
2
Tr?ctlo®* C0T*iJ
Mfg
16
May 19
July 31
CorpZZ."
Corp
19% Jan
; 17% May 19
18
Year 1946
$ per share
7
No par
___
share
11
7
Federal Light A
86 preferred
$ per
Lowest
Feb
■
Fairbanks Morse A Co
Pajardo Sug Co of Pr
Rico
Parnsworth Televis'n A
Rad
110
51%
24'l?;,i>l0£22%n
28
104
4,800
21%
*56%
16
25%
*21%
*104%
333/4
343/4
*107% 108
32%
715'
"•"♦SZ
Oct
25% Feb
Eversharp Inc
1,200
Federal Motor Truck
Federated Dept Stores
*105% 106
55%
55%
15%
15%
31%
32%
>07% 107%
15
57
j
Federal Min A Smelt
21%
15
91
10
Feb
May 17
Co
Federal-Mogul
,
25% Apr
173
19
19
19
Eureka Williams
Corp
100
21%
Jan
98% Feb
3
10% May 19
423/4 May 17
50
800
*50%
33%
116
Oct
Oct
101
""
No
600
*21
Jun
15%
l
I
11%
'
a
Bldg"~Ko"p„
18 3/4
21%
118
foo
No pat
series A
Pitts RR Co
4,200
49%
102%
a
~
common—
37
2P/4
Deo
Range for Previous
_
pref
11%
50%
108% Mar
111%
Jan
Range Since January 1
Lowest
Highest
jaq
18%
21%
Deo
Not
8
14% May 20
3
Elec Co
Johnson Corp
*361/4
*21
16%
637a
May 16
Jun
Jun
1037b Aug 28
22% Jan 30
19 :
100
preferred
19
21%
91
Apr
Mar
7
76
1033^ May 28
1103/8 Sep 12
Phonograph
11%
25%
105
14
Feb
July
423/a July 24
114% Feb 14
8
1243% Jan
Emerson Electric Mfg Co
38
25
102% Sep
30
34
45 % May 27
36 Va Sep
111
Jun
Gas
19
50%
*22%
El
11%
*104
37% May
293/4 Feb
~
Electric Storage
Battery
Elgin National Watch Co
18%
25%
Sep
,
1
$7 preferred
$6 preferred
11%
.
x233%
"corn
Light
18%
105
39% July 25
21 Va Jun 18
""*
*11%
24%
48
—~~10O
18%
11%
*104
Not
—10
*35%
25
25%
7
283/4 May 19
16% May 14
STOCK
37
105
10
25 Va Apr
§
Conv preferred
Elec A Mus Ind Am
shares
Electric Power A
200
•
291/4
"
24
104%
*36
62 3/4
No par
Auto-Lite (The)
Electric Boat common.
12
291/4
37
52
Sep
Co
14%
49%
29 %
7%
23%
*102%
30
Not
1st pfd
YORK
43
5
*11%
49%
23%
»102%:i04
104%
21
14%
43
29%
,
Not
Electric
Erie
8%
,21
49%
50%
49V4
48%
,
4
; 28%
*22%
.
15%
20%
6%/; 7%
21%
50%
8%
14%
6%
23
9
20%
14%
1474
No par
series
ffmn[r0nn^1(l
Empire District
72%
9'
Aug
34% Jan
28%
A Co
preferred
Stop Nut Co
Elastic
6,000
53
8%
50
Oct
48%
Co
Stores Ino com
4%%
preferred
Ekco Products Co
9%
9%
*66
49%
50%
9%
*51%
8%
Sep
16%
8
—Z—No par
(EI)
preferred™.
•Equitable
72%
8%
42
13
2
Bros
8,000
53
8%
Apr
25
3
Manufacturing
Edison
3%
*66
28%
*21
3%
*51
6%
23
9%
3%
72%
28%
*21%
•j
32%
107
52%
*47%
104%
*105%
3%
400
♦51
41%
25
32%
106 %
1,000
17%
15%
*66
*10%
18%
32%
♦105 %
1,600
11%
17
*14%
73
11
24%
11%
17
15
51
42
*11%
59
51
U
37
1,100
*66
X42
37
900
17
32%
106%
9%
54
16%
57
11%
15
33
*53%
16%
56%
*16%
50%
Sep
^0
cum
Eaton
1,900
11 •%
16
*14%
107V2
51%
151%
•
Oct
18% Jan
Common
8%
2,100
*148
533/8
56%
31/4
*66
164
151%
16%
56
*151/2
-
*162
X53
16%
200
162
*148
X55 Va
*105'/2
9 %
162
162
148%
17
*55
104
5%
54
167a
Xl603/4
Xagle-Plcher
4%%
13%
*36%
39% May
34%
54% Apr
Par
108
53/a
523/4
Va
Sep
40
EXCHANGE
160
16%
53
38
Oct
23%
May 19
100
series
$3.50
NEW
11,600
103%
16%
108
1
49
20%
52%
2
15%
S
May 22
Eastern Airlines Inc
53
16:
Aug
2
17
49
1
Eastern
Stainless Steel
Eastman Kodak Co—
52%
*36%
24
Jan
817« Feb
25
_
7,600
43%
*102
16%
2,200
193
48%
20%
*105
Dec
2
Jan
000
3,700
EXCHANGE
""
19%
Apr
7
247a Feb
No par
19
43
102
16%
Deo
50
Nnpar
A
19%,.
192
49%
20%
102
Feb
16%
2
Shares
23 %
18%
,<-19%
t
193
*49%
Va
16%
*105
5%
43%
•192
102
15%
108
$4.50
Preferred
77
18
15
preferred
Duquesne Light 5%
D W Q Cigar
Corp
Sales for
'
aerie*
Nemours
the Week
23 %
43%;
♦101
16%
de
28
Oct
13
STOCKS
Friday
18'A.
193
*20%
20%
500
P
Oct
60
Jan
11% May 19
No par
preferred,
Industries
Preferred
23
60
13% July
243/8 Sep
2
Z'Wopar
International
Duplan Corp
Du
143/4 Mar 24
43 Va Jan
(new)
2nd
conv
Jan
39% July 28
27% Mar 25
25
Jan
§
—;
Co.
preferred
$3.25
900
Sept. 12
$ per share
18
42%
102
4,300
Sept. 11
"19%v
193
193
'
Thursday
223/4
197/a
">
189%
i
193
102
b
84
16% Jan
47
Corp
Chemical
PRICES
$ per share
223/4
193/4
,
■
r
153/4
Wednesday
Sept. 10
$ per share
24
20
STOCK
AND
*143/4
189
common
Douglas Aircraft
Dow
1,900
112%
187%
*128
Co
A
36 Va
1
50%
Oct
No par
Dome Mines Ltd
193/4
20 3%
393/4
Sep
6%
gfl
Dr. Pepper Co
39%
Oct
25 Va
No par
No par
*39%
*51
28
■
Deo
S
22
Jan
Deo
0
15
a
22%
20
17
May 19
207s May 14
~j
34% Apr
Not
58% Jun
42% July
35 % Apr
A_~__jf2~50
Not
17:
10% Feb
Aug 4
10% May 19
17 Va Jan '3
~i
May
16%
11
38 % Feb
59
1
"
Dixie
40
52
193/4
t
Co
6%
28 ~
39 3/8
2l3/4fruiy
RR~Co_ZIOQ
Stove
jf
52
38%
31% May
36% July
31%
3374
No par
34
[
20
Match
29 Va
*51
34
Sep
45% Mar
9
63/4 May 19
253/4 May 19
100
Raynoldf class
*28
t
Not
Not
28
367a July 21
43% July 28
57a May 19
100
Corp
*51
i
I
34% Jan
com
partic preferred
Diamond T Motor Car Co
Distil Corp-Seagrams Ltd
700
May 17
20% Feb
.
32 3% May 19
pfd
2,000
14 3/i
31
00
De Vilbiss Co
Diamond
8
West RR
Detroit Edison
Detroit Hillsdale A 8 W
Detroit
8
Aug
100
9,300
19
14
193/4
13 '/a
'J
,
40
*437/a
40
433/4
&
12 3/8 Aug
_20
Escrow ctfs
1,800
233/4
23%
63
1,700
12%
24 s/8
24%
35%
233/4
10%
23
*17
173/4
10%
10%
*55
63
i
*17
10%
Aug 29
33
1
No par
383/4
93/4
13
boo
.
Preferred
Denver
.
Ino
Deere & Co
35%
17
16%
101% July 24
23% Feb 11
2,400
38%
91%
1013/4 July 29
9
35%
10%
10%
*
8
100% Sep
50c
35%
7 S/8
7 Va
i
100% Sep
_100
1,500
37%
13
233/8 Julyl4
85% Jan
0
.
X30% May 13
__100
12%
Records
12
26
Feb
20
series A
34
333/4
233/4 Sep
96 %Jun
series B
Co
39
38 Va
<
Chemical Corp (The)
1
Power & Light Co. (The)._7
Dayton
160
13%
13
39
36%
*35
37%
*
101
•
19% Aug 26
Apr 25
143/4 May 20
16% Jan 16
|
36 Va
*35 Va
"
100%
♦100%
13
34
38
t
101
397a
x333/4
;
101
100%
1003/4
13 y8
\
101%
Davison
91
~~~100
pfd 3%* series a
Davega Stores Corp N Y
1,400
101
100'/a
i
Cum
'
\
Corp—
New
97
*96
in
"
?
Monday, September 15,
1947
107
31 Ve
*105 3/8
-
chronicle
STOl
Sept. 12
41
*493/4
financial
*•
$ per share
41
*40
40
'
&
YORK
Thursday
Sept. 11
$ per share
share
40
40%
40
116 V*
$ per
share
per
commercial
?
6
105% Jan 10
51% May 2o
14% May 27
24
May 19
105
May 21
30
May 19
-14% Jun
18
May 29
14% Jan
Q
13
Wo
w
10
Feb
21
107% Aug
7
60% July 23
21% Jan
873/4 Jan
110% Feb 25
17% Jan
6
24
Aug 28
13
28% Sep
1 rr
IRS/.
tn.k
11
Not
16
Not
28 Va
25% Oct
*
2
8
34% Mar
52
29
41% Jan
Sep
46%
105
■
33%
70% May
July
Jun
Sep
115
Jan
Oct
57
Apr
20%
Jun
16% Sep
20% Oct
29
Jun
11% Jan
21%
Feb
12% Oct
23% May
if.
Volume 166
Number 4629
NEW
LOW
Saturday
AND
Monday
Sept. 6
Sept. 8
t per
share
t
J
77
77
107%
HIGH
75%
*106
per share
74
fper share
75%
*74
Sper share
75 %
107
74%
Range for Previous
Range Since January 1
Shares
74%
*105%
107
23%
*23%
24
26
*25%
26
16
15%
x26
26
16%
X15
15%
40 y4
151/4
15%
5,600
Francisco
40
40%
39%
40 %
3,200
Freeport Sulphur Oo
10
Froedert Grain & Malting Oo Inc.1
Fruehauf Trailer Co common—--1
40 y2
40 3A
40 V*
14
19 '/a
93%
9%
♦8%
14
19%
94%
20
*92%
9%
8%
20 Va
*13%
193/4
9%
9
8%
♦20
40 y4
14
.
94
%
16%
40%
*13.
20 y4
19 y8
93
16 y4
14%
14
14
18
181/4
18
is y4
53A
6
28 y2
5%
19%
5%
5%
♦28
19
♦niy4
14%
»i4y„
181/4
29
18%
120
14%
18 y»
13%
14
*i05y4
109
5%
14%
'
18
5%
*28%
18%
14%
18
Gardner-Denver
5%
5%
28%
200
18%
19%
113% 113%
14%
900
4
28%
29
19%
5,800
19
112
110%
18%
14%
113
14%
14%
250
14%
preferred
Container Corp
conv prefened
4%%
• Vfeft
1,700
551/4
54%
54%
54%
55%
56
56
56
10
10%
10 ya
10 y4
10
10%
56'A
1,300
Gen
10%
10%
10%
10'/8
2,100
109
♦182
•
*182
183
Va
12
13
109
•105%
184
♦182
*105%
182%
182
182
109
■" 182
♦180
20
12%
12%
12%
12%
12%
12%
11%
11%
11%
11%
79
79
10%
11%
11%
11%
79 %
79%
79
79
79%
79%
37
38%
38
38
25%
251/4
*37%
25%
.
39
,
25%
*37%
25%
79
39
400
7,000
79
90
39
700
*37%
25%
26
25%
*150%
153
*150%
25%
:
1,300
*150%
154
*150%
35 y2
36%
35%
36
35%
36%
36%
36%
36'A
387/8
39%
39
36%
39%
39%
39%
13,900
39%
39%
38%
39%
7,100
154
♦102y4
102%
102%
48
1021/4
102%
102%
121/4
12%
12%
12%
X12%
12%
700
49
49
49
49%
49'A
49'A
800
128
♦127
128
•112
115
*112
115
57%
127%
56%
107
129
*128
129
*112
115
*112
115
*112
115
57
58
127%
106%
15%
*15%
15%
17%
*17
17%
*2%
2%
14
3
25%
*24%
127%
127%
*127%
41/4
4%
4'A
25
25%
30
30%
24%
251/4
25%
128
41/4
25%
25%
26%
26%
2,100
General
30%
109%
109%
109%
109%
30%
31%
31
24%
24%
103
*24%
103
25%
23%
23%
23%
23%
23%
102%
103%
*102%
103%
*102%
92
26%
*90
•101
1031/4
22
22%
97%
97%
♦96%
43%
43%
X43%
43%
*55%
27%
27
26%
52
104
43%
44%
♦106%
106%
18%
19%
3%
3%
♦117
52%
■,
X51%
104
X103
97%
44%
*55%
6%
52%
43%
44%
44'A
44%
44%
106 %
1061/8
106%
106%
18%
•181/4
18%
18%
3%
3%
3%
3%
3%
19
30
27%
44%
45
106 y„
19%
3%
1
3%
.
3%
600
1,800
'
4,700
'
*6
:
6
6%
:
34
34%
•18
is y4
30%
30%
:■
106
•105%
r
6
.
18%
19%
19%
18%
19
'
30
30%
30
30 »/4
X29%
30
29%
29%
'
*104%
106
35
•.
105%
; 15%
; 38
38%
38
*10%
10%
♦31
231/4'
.
33%
16%
391/4
40'
•
40%
16%
33>A
16%
5,700
Great
1,300
•
1
Great
Great
;
Preferred
190
33%
33 y4
15%
16
9%:
9%
9%
♦103
103%
•103
25%
6%:
6%
•89
6%
12
103%
26%-
•411/4
11%
12
-
11%
6,500
43
42
42
42%
42%
43
42%
42%
600
67%
66 y4
67
66
67
66%
68%
67%
68%
7,200
Gulf
15%
'
15%
15 y4
15%
15%
15%
15%
15%
15%
16%
7,400
16
18% Jan
14% Feb
May 19
9
13
Nov
28 Va
Sep
16%
Deo
90% Aug
Sep
47%
Aug
11
8%
74%
x35%
3
45% Jan
9
AND
Monday
Sept. 6
Sept. 9
16% Mai
per
share
$ per share
*34%
♦341/4
15%
15%
X122
Jun
54%
Aug
126
Deo
135%
Jan
114
Sep
123
Jan
6
11
1
129
Mar 25
2
107
Aug 28
101%
Deo
103
Dec
Apr
,
STOCK
31
6
16
Nov
29
Feb
8
21%
NOV
40%
Jan
4% Feb
8
2%
Oct
7%
Jan
16% Jan
6
14%
Oct
24%
NOV
19
31% Feb
May 19
140
8
Feb
EXCHANGE
7%
*7%
7%
•89 ya
,■
93
7%
.
7
CLOSED
90
8
4%
25
56
•146
•132
133%
•132
•1071/4
107%
551/4
55'/4
28% Aug 20
20 V*
Oct
23
29
Jan
47
Jun
124% Jan
29
101
Oct
132
July
35% Jan
2
32
NOV
49% May
14
30
1
24%
Oct
46%
9
106
19
9
Jun
92
Sep
Sep
Oct
118
Jan
5
22%
Jan
102%
Dee
100
Oct
Oct
106
36%
53
Deo
Jan
6
2
67% Jan 24
7
Feb
6
6
22
Jun
0
Mar
41 % Jun
148%
♦146%
148%
143%
148%
18%
•3.8%
19%
*18%
50%
50%
51%
50%
133%
107%
11'A
:
*28%
25
24
11
69%
July 23
106
61% Feb
9
,
21
100'/• Sep
60% Nov
105%
Sep
19%
Nov
43
Feb
8%
16
Jan
8% Mar 27
6%
Oct
Oct
12%
Jan
6
Jan
25
Jun
2
102
.;
-
May
101
Nov
22% Jun
15% Sep
12%
Dee
13%
33%
Dee
35
Dec
13%
Deo
21
3
40%
Oct
64
Feb
Jun
Jan
NOT
163% Jan 27
168
Oct
188%
Apr
5
68
Oct
79
Feb
Feb
35% Aug 22
21% Mar 6
10
12
105% Feb
May 27
27% Feb
8% Jan
4% May 14
27
3
Oct
23%
Deo
52%
Apr
Apr
Oct
13%
Jan
6%
10
19
43%
45
•
15%,
16
•
9%
Sep
Oct
78%
Aug
5
66%
Sep
78
16% Sep
12
14
74
Aug
6
■
1.48%
32%
48%
32%
1051/4
,15%'
>
-
-
15%'
48% "
*48
.-*32
-
104%
32%
105
19
-
*24
*
_
44 Va
}6y4"
16
16%
441/2
'50f-
32% -32%
104%
*'•
■
32%
*
J.03 %
100
■
7,000
44%
32%
Holly Sugar Corp
Homestake
Mining—.
HoudaWe-Hershey com
500
:
:
3,500
*
$2 26
preferred—.
Household Finance oo®
300
1,000.
.
"
preferred
750, tz
104,
Apr
$ per
30
No par
—No par
■
-5
10
«
1
F'
.
■** *
'
"*
•
" *
Jan
5
20 %
Sep
151%
16%
Jan
Jan
8
NOV
20%
Apr
5% NOV
29 V* Oct
15%
Jan
8
2
13
103% Apr
14
42% Feb
13
Mar 31
108
3
68
Aug 22
14% May 17
50% Sep
9
63
131% Jan
10
July 14
Jan
28%
41%
74
5
26
Jun
22% Apr
21% May
14% May
17
May
35% Jan
13 % May
; 46%
•
28% Jan
Jan
46%
5
8ep
5
Nov
11
32
Feb
17
20
28
19
23
19
29
Jan
Apr 15
Jan
Aug
38
123
Sep
31% Jan
19'A July
26
Jan
48
Jun
19% Feb
56
.
11
97% Mas 2&
Feb
4
3
10
29
42
17
25
13
1
21
34 V* July 10
105% Sen
3
f
Dec
Dec
192
76
13% July
44
105 %
Oct
Mar 21
29% Jan
May
Dee
169%
Jan
Sep
134
17
Sep
20
10% Jun 23
Dec
51
109% Mar
17 % Nov
61
29
130
134
36
90
116'/3 Aug 25
May 21
119% Jun
Dec
Deo
103
Jan 22
22 % Feb
8
Feb
Nov
NOV
101
165
52% July
147
60% May
106%
30% Jan
May 16
Apr
Aug
Oct
35% Jan
Jan
170
Sep
May 21
35
Nov
Apr
34% May
99
25% May 16
106
Jan
7
8
100
Nov
33
11
22
Aug
8
Feb
12
24
26%
109%
105%
Jan 27
39% Jan
6
10% Feb
3
May 19
40 % May
119
4
100% Apr
Highest
$ per share
Oct
12
8% Feb
6
Previous
103
Feb
160
19
a.r
»■«
Oct
4% May 19
-12-80
—50
Oct
17%
25% Aug
88% Aug 20
—8
No par
101
NOV
15
112
6% May 19
;
No par
36
22
Jan
108'A Sep
15
17
July 25
28 V* May
11
4
Jan
19
May 27
Apr
$ per share
share
19 V4 Feb
19
16
Jun
19% Apr
\
Holland Furnace (Del)
Hollander A Sons (A)
1,800
19
Co
The
(C E)
Hires Oo
17'/4
Corp
Hlnde A Dauch Paper
300
16%;
*4750 " "r
49% " 49% '.V
32% ' \
104 %
Hilton Hotels
3,300
.16%
*32%'
*103
-
Powder
,
24%
24%
♦18%'
44%"
104
300
27'%
*16%
,
19
44%
'•47
•,
„
*26
-
*""25
18%
16
"
.
27%
29%
120
11%
33
155
Lowest
Highest
share
Jan
May
Year 1946
Range Since January 1
Lowest
Jan
Jan
108
31V4
67% Apr
98
■
July 22
49
104
111
30l/4
31% May 21
No par
—-No par
$4 conv preferred.
Hewitt-Robins Inc
J
.
.
'
*16%* 16%
171/4
'
11%
*28%
"
44%
-
44%
•
19
4
'
-
24
♦16 «/4
19'/4
44
•
X23%
16%
*18Vi
-
29%
*26
27%
700
20
Nov
80
July 16
14% Feb
3
6% May 19
$ per
20% Dec
102 Va
93
May 17
15
20% Deo
10% July 11
July 29
100% Jun
6
78
22%
5
27% Mar
70
fi
17
Feb
Jun
112
34%
25
325/a Sep
27 V4
40%
10
.15% Sep
49% Feb
May 12
59
64% May
Feb
Dec
14% Feb
.
18
34% May 21
Apr
13
142% May 22
■
Oct
Nov
$7% Feb J«
2
2
Mar 28
31
i
3
19
Mar 5
Jan
107
May 10
9
•
12%
28
20'A Sep
$3
30 Va Mar
7
Jan
41
25% May 28
26
100
preferred—
Hershey Chocolate
Jan
4
10
5
6% Feb
May 19
SI
preferred———100
6ft
113%
Aug
12% May 19
■
100
2®
preferred
Apr
Jan
Oo
Motors—
Mar
77
84
14% May 27
W)
non-cum
Hercules
3,700
.
105'%
13.%
cum
Apr
107
109
3
-I'
(G
47% May
4
Mar
14
preferred
Co
Hercules
400
..
133
20
11%
29
*26
25
*161/4
17»/4
^
27%
104
132%
20
*28%
11 Vt
29
107
132%
*131%
20
Hi/4
29
*26
28%
132%
*19
' 133%
20
*105%
109
131%
110
-
*
133%
♦132
133%
•132
•
♦132
7ft
30
:
52
51%
51
Helm*
600
19 Va
ll'/a
ny4
30
♦105
'
55
88%
71% Feb
-
13% May 13
106
—1$
(H J)
3.68ft
107%
55
55
18'A
20
-
*106%
107 y4
Jan
Nov
27
'
*
Jan
151%
116.
5
Jan
May
NOV
Nov
7
15
...
Apr
66 Vc
58
8%
Feb
May 14
49
Apr
May
6% NOV
123% Apr
33
42%
7
Feb
30
96
49% Jan
13
Sep
108
5% May 21
■
104%
Mar 31
May 19
xl02
Jun
102 y4
Feb
103
96% July 15
104% Jun
Feb
60
32
17% May 19
51% May
111
NOV
98
Aug 26
34
Oct
32%
105% Jan 20
8
23% May 19
102
105
Jan 22
108
13
Apr
Apr 15
11
40% Feb
21% May 27
101% Jun
Feb
Range for
Co
3% ft
Halns
300
39%
Feb
Jun
36% Jau
May 27
30
conv
Hecht
30
100
148%
133
25
24%
200
*39
40
55
1,100
100
100 y2
*106%
4,300
18'A
20
•26'
■
*39
*24%
6%
26 y4
*24»/4
24 %
*100
39%
6%
148 >/2
*108
•28%
16
24%
1,800
26%
7
26%
26%
20
7%
181/4
♦131
•16V4'
200
92
7%
7%
6%
6%
27
100%
56
*132
21%
111/4
700
7%
*89%
92
7%
39%
107%
108 %■
-
•20
1,300
31%
7%
8
*89%
*241/4
40
133
108%
■
100
11%
18% May 19
preferred
(M A) Co $4.25 pfd—No par
Harbison-Walk Refrac
No par
•ft
preferred
—
100
Hart, Schaffner A Marx
10
Hat Corp of Amer class A
1
4% ft preferred —
100
Hayes Industries Inc
1
Hayes Mfg Corp
-J
Hazel-Atlas Glass Co
25
155
31%
■
Hamilton Watch
Apr
150
Oct
26%
Printing Co
(WF)
4ft
24%
24%
*150
,
50 «/4
-
53
■
108%
148%
18 r
X51'A
-
100%
25
100%
*55
148
18
6>/2
*107'/4
57
*7%-
7'A
♦26i/4
*39%
107%
•1G7V4
6%
26%
•ICO
40
8
"92
7%
7'A
*24 y4
100%
♦39
31
102
24
157
31
,
♦89%
61/4
25%
♦1O0
24
*150
200
108%
108%
16
*99
16
102
*107%
30%
*7%
-
26%
27
*15
Hall
1,100
23% May
48
May
26
—25
No par
Water
Haekensack
16
'
90
71/4
6'/a
6%
26%
8
99
24
30%
•
*15
157
23%
30%
15%
Oct
137
26
6% Feb
127% Sep
8
3% May 17
YORK STOCK
EXCHANGE
35%
*34%
16 Vh
107%
♦150
157
30%
35%
132
26
May 19
Shares
$ per share
$ per share
Feb
Feb
80%
Oct
124 Va NOV
*7%
19% Jan
NEW
the Week
*16
15%
107%
23%
*150
.158
•30
Sept. 12
*34 y4
102
♦100
107%
231/a
23%
23%
♦152
t
Sept. 11
Feb
Feb
42
Feb
65% Feb
3
STOCKS
Sales for
16
15%
15%
102
107%
107%
Vi
Friday
35%
15
16
•100
102
107%
35%
*15-
15%
15%
»
-i.
4
Thursday
$ per share
35%
15%
•100
M
Apr
66 y8
J
54% July 11
131 % Feb 25
0
Par
•34 y4
I
I per share
t
PRICES
Wednesday
Sept. 10
Tuesday
Sept. 8
Saturday
SALE
HIGH
Apr
52
Aug 21
H
,
LOW
'40%
182
Dec
Oot
39%
Jun
Apr
Oct
33%
May 19
Apr
Oct
27%
166
7
Corp—No par
Utilities Co
Deo
Jan
100
—.
X170
83% July 16
47% Feb 13
103
Apr
200
1
July
2% May 16
-.10$
Corp
Oil
185
5
—
Gulf States
•
Apr
Mar
11% May 19
Aircraft Corp
66%
♦41%
Apr
14V4
17
—1
Guantanamo Sugar common.
1
$1 conv preferred
—No par
Gulf Mobile A Ohio RR
No par
$$ preferred
No par
10
11%
71%
Sep
13% May 20
Inc——1
preferred
Grumman
1,600
-
92
Sep
10%
125% May
*101% Jan
No par
4% ft
6,600
6%
6%
•88
•?
12
11%
90
'
60
■
27%
26%
6%
90
17,200
9%
103 %
27
65/a
90
•89
93
11%
9%
103%
10
♦102%
26%
6%
n
11%
11%
9%
10
103%
26%
26%
*6'A
,
93
•89
9%
'102%
26
26%
6%
9%
103%
,
Deo
48
60
1
100
10
New
Dec
109
104
17
51% Jan
conv.
Greenfield Tap & Die
1,700
May
21
110
Greyhound Corp (The)
"
21% July
13% Feb
11
Bay A West RR
!»•
Green (H L)
Co Inc new—.——1
1,700
"
Deo
67% May
24
58% Jan
43 - May 19
126% Mar 14
Green
64% '<■
*62 "V
r
2.300'
13%
38% Sep 12
101% July 30
pfd.
No par
Her Iron Ore Prop—No par
northern Ry 6 ft pfd—No par
Western Sugar
No par
$2.26 cum.
141% May
39% Feb
100
10$
...—
Grayson-Rcbinson Stores
100
>
Jan
17
$
No par
No par
preferred
3%
60
1
156
155
•'
33%
16
-
23%
•'
64%-
2,300
23% <
•
23%
•62
-
11
•39%
■<"
■
159
157%
32%
I6I/4
17%
-
1,500
♦31-"-33 > f15%'""'15% '
•
15%-...
.-23%
64%
32%
■'
,-39%
•
-23%
•62 i
33
*-•-15%
159
*157
*10%
•
700
105
105
11%
.
.*.31%---■33
■
39%
23%
...
64%
I
♦16%
*11
.15
23%,,
33
,
>15'A
156
"
•62
; *3i%
38%
>
:
.
11'A
33
i5y4
'
23
64%
33
:
156
" 156
106
♦105%
10%
,,".1-05%
,
2,100
-
34%
15%
16%
6%
34%
;-i5%
*•
"6
6
34%
11%
33
6
34%
19%
34%
♦62
6
34%
19 ;
•32
x23y4
6.
*33%
•10%
Xl56
\
•
18%
•33%
Nov
May 19
No par
preferred—
———No par
Goodyear Tire A Rubber——No par
$1 convertible prefened—No par
Gotham Hosiery
No per
Q rah am-Paige
Motors
1
Gray by Oonsol MSA P
$
Grand Union Co
No par
Granite City Steel
No par
Grant (W T) Co
8,300
106%
18%
.
Deo
15
76
15% July 28
109
Jan
9
Mar 12
32
$1
300
38
a
May 17
11% Jun
Wo par
No par
Inc
(B F) com-
Goodrich Co
4,600
53
103%
4
2
Apr
5
Goodall-Sanford
600
"\
Jan
Jan
May
20% Sep
8
Oo
Apr
43% Feb
xl 20% Sep
Feb
i
Gold * Stock Telegraph
7%
33
preferred
oonv
17
8
160
Goebel Brewing Oo
2,200
52%
106%
18
6%
*102%
45%
106%
-
4% *
123%
*27%
53%
103%
*102%
200
58
*6%
*121
27%
1,500
Deo
9% Feb
10
(The)
Oo
29%
Jun
preferred
GUdden
Sep
24
Brothers
$4.50
100
'
17
Jan
26
10
Refractories
preferred
preferred
Safety
Rasor
oonv preferred
6,900
22%
44 Va
122
27%
103
,
22%
NOV
48
No par
100
10c
1%%
$1
Gimbel
14%
151% Feb 21
Olllette
103'%
3
4
19% Apr
100
11%
'21
8
4%%
15% May
Oct
Sep
19% Feb 28
102% Sep
4,300
27 y4
*96%
58
122
27'/4
27 >/4
22%
98
6%
120
92
*102
44%
*55%
6%
6%
6%
22%
103%
27
Sep
7
18%
10% May 19
100
,
July
10%
Sep
preferred—.
General Tire & Rubber Oo
30
112
2
-
Apr 28
4y«%
1,000
Jun
Sep
*17% Feb
May 21
101% Apr
50
24%
*90
1031/4
44
58
*102%
27%
*96%
44
300
103
23%
92
*101%
98
.
*55%
120
104
52
22%
44
57%
♦117
53
♦103
221/4
*96%
6%
120
•27
103 1/4
97%
22
65/8
6%
♦117
*101%
103 %
25%
103
303%.
27
170
1,400
48
Jan
17
26 % Aug
27% May
Nov
99
17
Nov
9% July 23
21
14% May 21
85
—No par
General Shoe Corp
1
Gen Steel Cast $6 prefened—No par
General Telephone Corp
20
Gen Time Instrument Corp—No par
800
30%
*24%
24
*90
26%
22%
*101%
57
57
92'
26%
26%
„
31
109%
30%
104
*102%
24%
*90
31
109
17% Feb
9
12
14% May
Jfo par
4%
190
9% Sep
16
28%
108% Mar 10
5% May 17
18% Jun
—10
Gen
4,400
31
24%
700
,
2
-
par
4%
25%
18
Jan
Outdoor Adv common—No par
PrerisicAi Equip Corp
No nar
Public Service
10c
ruuilo Utilities Corp
6
Gen
128
Jan
39
—100
100
series.
4%
26%
x30%
common
4%
*127%
26%
31%
,
4%
25%
129
30%
110
10,000
14
Co
$3.75
22
8
93% Jun 27
No par
100
No par
No par
No par
-1
No par
Railway Signal
preferred—.
Gen Realty ft Utilities
*127%
103%
*
Gen
2%
13%
4%
102%
26%
600
2%
14y8
23%
92
2%
2%
•102%
26 y4
1,500
C en
13%
26
102%
92
Gun
3
26
*24%
24%
1,300
18%
14
30%
31
103
•102%
1,900
,16%
17%
Preferred
16
19 Va Sep
37
preferred
$1
300
*15%
25%
109
31%
31%
127%
Jan
12% Jun
100
50
General Motors Corp
30,700
.
61
71
prefened
|%ft
conv
prefened
107
18
31v
*30
I
111
•108
25 y4
*127
15%
17%
*127%
4>A
57%
Sep
8
1%
50
106%
15%
3
130
57%
107
16
13%
25%
107
17%
15%
; 17,
13%
13%
•24%
127%
107
15%
2%
58%
*127%
1271/4
107
17%
13%
57%
Mills
45%
No par
General Instrument Corp
General
10
No par
6
preferred
$3.50
900
*127%
127%
107
103
127%
127%
57%
*127
127%
107
IO21/4
Electric
General
Jan
60% Feb
168
conv
General Foods Corp
48%
48%
♦127-
56%
102%
153
12%
12%
12%
12%
48
102%
153
Feb
35%
105
1st
4%
26
Sep
1
preferred-.
2nd prefened
General Cigar Inc
T*
preferred
4%
8ep
100
6
0
preferred.
Transportation
General
Baking
$t preferred
General Bronse Corp
General Cable Corp
Jan
25%
20%
60
Amer
Apr
49%
6
1.66%
$4.60
12%
11%
24 3A
*105%
*i2y8
10%
♦150 y2
109
100
15
4% July 22
Gen Amer Investors
54 y2
•105
Nov
26% Jan
12% May 24
conv
Oaylord
19%
25% Jan
1
50
Co
Sep
13
Highest
t per share
July 24
29% Feb
No par
No par
Gar Wood Industries Ino
6,900
113
On
6%
71
36% May 19
1
1
—20
GakwM
Galr
100
7
12% May 20
100
300
400
10,000
110
17
,
S per share
23% May 23
26
preferred
rant
Lowest
04% Jan
4
19 Ya May
No par
O® (The) common
Iae (Robert)
preferred
Gamewell Oo
(The)
9'A
20
*13%
.
4ft
50
9%
8%
*19%
14%
*18
29
18%
ii3y4
*13%
8,700
94
9»A
9%
20
100
20%
*93
9%
-
X19%
*13%
5%
*27 %
28%
19
•112
9
20
14
19%
.
prior preferred
Sugar Co
6ft
200
.
Corp
102% Jun
—100
10
pfd
conv
cum
Foster-Wheeler
900
26
*13%
94
9%
9
X20
14 »/8
14
3%%
30
23%
*25%
20%
*92i/2
107
23%
14
91/4
8%
20%
*105
24
19%
94
9y4
8%
♦20
x23%
$ per share
69% May 17
10
Corp
Machinery
Food
700
107 y2
*25%
Highest
$ per share
Par
*23ya
*105%
Year 1946
Lowest
EXCHANGE
the Week
Sept. 12
STOCK
NEW YORK
Sales for
Friday
Sept. "11
26
•13y2
CLOSED
RECORD
23 %
15 %'
STOCK
STOCK
STOCKS
Thursday
Sept. 10
t
YORK
PRICES
Wednesday
per share
75%
107 %
23
♦25%
EXCHANGE
SALE
Tuesday
Sept. 9
share
per
21
(1061)
Oct
22
26
'
21%
NW
Sep
72 %
Apr
139
Apr
106
May
146%
Jan
39% May
143
41%
May
Apr
18
Dec
37% Jix
40
May
22
Sep
34% May
34%
Sep
56
12%
Oct
22% Oct
>
46
NOV
27
Sep
04%
Deo
Jan
Feb
Apr
35% Jun
28%
52%
111%
Jun
THE
(1062)
COMMERCIAL
YORK
NEW
HIGH
AND
LOW
Saturday
Monday
Tuesday
Sept. C
Sept. 8
Sept. f)
$ per share
SALE
$ per share
$ per share
41
%
42'%
21%
22
21%
21%
23 %
23 %
23%
35%
33%
35
3%
*3%
3%
*8
*23
24
9%
34%
34%
34%
16
16
19
19
18%
16%
18%
•18%
4%
4 Vi
4%
4%
y8
4ft
*81
9
36
36%
24%
25%
56
56
♦56
96%
*21%
9%
*8%
9%
*7%
34%
34%
341/2
16%
16%
16%
161/4
16%
19
18%
18%
18%
18%
4%
4%
4%
4%
4%
36%
36%
36%
36%
26 %
25
57
57
57
*56%
97%
♦96%
*21%
*96%
23,
21%
8%
9%
26%
•16%
16%
*16%
*41
41%
40%
*117
118%
*172
177
21%
22 y»
*9,
.16%
9%
9
*26-
-
-
26%
26
*16%
'41
16%
40
41
"16%
"
40%
121
117
118
*117%
*172
177
*172
34%
15%
15%
15 %
15%
*6%
-7%
41
41%
*6%-
>
41
34%
15%
-
7%
35%
15%
♦6%
41
*40%
109
107%
-
♦107%
■■
35%
35%
15%
7%
3%
3%
12%
85
80%
*6%
7y8
♦6%
41%
IO73/4
•
♦85
4%
4
28%
28%
134%
133%
46%
47%
.
28%
12%
111
12%.
111
*51
53
54
42%
55%
55%
*35%
10%
36%
10%
11
20
*23%
25%
'
*46%
•151
1
*47
154
•151
8%
44%
104
104
'.42%
115%
•26%
30%
35
93
35%
13%
111%
112
48%
48
111
1
54
*51%
42 y4
*42
■?,
:
55%
55%
36%
36%
230
L
42%
(
55
55-
I
36%
36%
400
200
:
•
1,700
-
>*
;
"1,000
<
300
1
i-
♦24
25%
25%
25%
25%
<■
*24
-
52%
*51%
154
54
154
v
154
107/a
53
1
16,200
'
53,
'•
;4%
600
■
107
20 V*
51
8
8%
♦22%
8%
23
99%
99
44
44
r.
400
:
j!
104
39%
22%
22%
983/4
,Yio
-
116%
27%
*114
27 V*
109
104%
:
Foreign
51
31%
31%
32V4
95
95
35%
35%
107
20%
♦51
,
.t
32'
'
\
36
54
Jun
Oct
151%
Jun
190
Aug
7%
105
Oct
-
202
Apr
Oct
15%
Apr
Sep
45
Jun
101
Aug
27
90 %
Deo
4V4
Oct
11%
Feb
"28y8
Oct
,42%
Feb
2
133
Aug
38% Sep
148
Feb
113
533/4 Jan
2
12
953/,
Oct
18
11%
Nov
20
101 Va
16
Feb
116
Feb
55%
Sep
527/i'Sep
125*
July
70% July
-
583/4 Feb
5
44'. Aug 25
36
62 "
2
32% Nov
60 Va Aug
37
42% Aug
40
July 31
Eeb
7
', Oct
49%
Dec
"
'17% Feb
11
"143/4 Nov
Jan
31%' Feb
17% Feb
11
143/4
Nov.
31%
26% Feb
11
23%
Deo
50
Apr
20
'
-
*
Deo
Aug
26% May
,
"9% May 17
t
■
14
May 17
v
26% Aug 19
'A
—i————1
Jun
Dec
6%
119
par ?-
—-l-i—-No par
102
1753/4
107% Sep
3
40% May 19
'32Jun 26
V:' 9 % ^May 17
No par.
Storesl-J—No
Feb
Feb
Jun
8
•
•
13%
20 y4
250
136% Apr
9
37% Jan
112
Deo
8
1043/4 May 16
463/4 Apr 23
.
May
May
195
Jan
66% Nov
29
May 19
•
Feb
11% May
59
Aug
5'A
10%
:
Jun
22%
Sep
35 V* Nov
20
Jan
44%
5s/4 Feb
38% May 19
38% May 20
143% Jan ; 2
A
Jersey 'Cent Pw & Lt 4%
6% Jun
Machine Co common.Nopar
t.
.
53
,
30%
141
Aug 11
Feb
Apr
34%. July
20% Deo
Sep.,12
158
jewel
Tea Co inc———-No par
Manviile Corp./——-No par
preferred/.-—i-—'100
; cum'
10
13% Feb 14
22 % Sep 12 •
98% Sep '12 ."
39% May p ;
pf d_l_100
Johns
^100
; 3 %
t
800
.,
104
Sep
».
37 /
%:,preferred
Johnson
■:*
Dec
: Deo
53
4
Jun
'
2
.
10
<\f»
■
8# .>•
Aug
163 '
Jun
•
317/8
96%
'
10,300
36%
123% Feb
27%
praf series A——100/
joy Mfg Co—.——-—
.-1
-
t
/ 59
Va May
6
111
X93
.
May" 17
Jun
Jan
39
3
25% Jan
/
/Sep
109
May
Mar
-Y 153
Apr
.
34% July 28
^
U
Feb
8
stamped—100
Laughlin Steel—-No par
.
Jan
July
45% Nov
2
112
May 15
24%
108
104% Sep
2
'45% July 25
107 :
*
/ i 5%
4,800
.
RR
Chicago
Jones At
200
Jan
Deo
Dec
100
140
2nd, prefered.ser/A^..—-IOO
Joliet At
313/a
8%
,24% July 28
104% Feb 4
,110j May 19" i
253/4 May 19 '
1
Johnson——/—--- 12Va
&
*
*94%
36
Co—-—
jaeger
~
3
i
SS % Aug 18
Feb
150
Feb
-
-53%
,31% Nov
99
Sep
18% Oct
101% Feb- lS-
.
115%
Feb
108 *
May
34
Apr
11
-
*106
107%
*105%
106%
■
,21%
21%
107
22
22
22%
21%
21%
f
52
51%
51%
*51%
15%
v
15%
16%
.15%
52
51%
23 %
*22%
23
18 %
18%
*17%
43%
43%
45 V4
43%
43%
43%
23%
X23%
43%
23%
43%
*42
24
109 V*
23%
109 %
*14%
*77%
15%
34%
♦109 V4
1
*101
110
*14%
78,
..
,
77%
34%
77
101
Vi
78
34
101
-
36%
36%
36%
49%
49%
48%
49
46
46%
*45%
LOW
Monday
Sept. 8 :
$ per
5%
$
12
42%
24%
25
.
-
33%
5%
42%
24%
*98
5%
100%
10 y8
-
10%
33%
-
34
5%
2%
2
•20
-
54%
42%
*24%
10%
33%
11%
'*52%
99
10 Va
28
.
•
,
43
2%
•
*20
5%
2
36
-
*20 *
46
37%
3 6 3/8
49
48%
47
46%
47
24%
100
5%
2%
36
5%
53%
53%
*41%
*24%
*98%
45%
12%
12%
12%
19%
30%
19%
51%
19%
50%
50%
8%
34%
50%
8%
51%
8%
8%
34%
8%
8%
34%
*45
49
46
*53%
43
25
100
41 Va
41%
*24%
*98%
100
10%
34%
10%
34%
34%
5%
5%
55%
5%
2%
*20
2%
36
*20
21
.
6%
*6%
46
-
46%
1,-800
9,600
>
-
1
:
•
19%
19%
20%
20 Vi
51
51%
50Va f
50%
8%
8%
8%
*34%
87%
187%
187%
188
46-
46
186%
*44
48
187%
1
100
54'%
54%
25%
25%
;
22
22%
213/4
22%
'
14%
13%
20%
xl9%
65
20%
20
20%
xl8
18
18
*167
170
*167
18 y8
170
21%
24%
43
45%
22 •/«
*101
16%
<,te
24%
43
22%
22 Va
101%
•101'
17%
page
16%
27
24%
45
22 Va
101%
16%
98%
52%
*96 y8
52%
100
*52
*95
100
14%
13%
14%
133/a
13%
21
20%
20%
19%
66%
66
20%
20%
20%
.
.*
17%
*24%
44
23
♦101
17%
18%
169
25
44%
23
101%
17%
18%
*167
24%
*44V'4
65%
*20%
21
18%
168%
18%
18%
*166%
•
,,
*24 '/a
24%
!
.
100
15.400
'19,100
168%
24%
»500
1,200
66
21%
1,000
5,400
;
20%
65%
200
;
53
65'%
•167
34%
7
>
41'
2,200
2,500
-
'
3,600
400
45
44%
44%
23
1,800
24%
23 3%
24 y8
101 %
2,400
17%
$ per
Ce™.
*->
■
/
-———No par
-
,
32% Jan
13
21 Va
NOV
13
108%
Deo
>
10s
108%
—
v
■/
Feb
.29
Jun*.
Jan
6
82
Dec
100
Aug
Sep
3
Jun
Highest
26 V*
Oct
46
96 /
Dec
101
33
;
Nov
43
101
17%
101
17%
,
Lima
Link
20
1,600
Sep
62% May
65% May
Corp
r
V
;
s
1
Feb
56% Feb
SOV^Feb
Corp„—_ ^ .No par
Ford Glassy No
1
par
Libby
Corp
IIIIII5
Lion Oil Co
78
181
"•
3% Feb
.253/4
.
-c
Aircraft
Long Bell Lumber
Lorillard (P) Co
■.
Corp.
Gas
St
Lukens
cum
;
-No par
-No par
CorpI
A
-No par
Aug
8
58 y8 May 19
,
12% May 19 '
—10
A
17% Apr
16
165% Jun
28
—No par
24
50
40
Nashville
pfd
On
series
11 ;
"Hill00
10
Aug 27
May 14
17% May 19
97
Jan
31
13% M«v 17
■r/i8%Nov
6% -"Oct
•
41%
10
6
/.
8
;
10
,
82
Apr
Oct
:•
17%
Jan
55% May
'17%
:
5%
64
Jan
Jan
Apr
38%" May
15% Apr
est# Jun
Oct
33." May
21% Nov
44% May
43
Nov;
74%
Jan
10
Oct
15%
Apr
28%
Oct
37%
21%
/Apr
3
35
Apr
3
2
83
Sep
102
;July 25
183
Dec
210% Mar
*
191
Aug 29
44
July 14
43
65%
Apr
88
Jan
Oct
66
Feb
43 Vi
Jan
July 24
30% Jan
109 y4 Feb
-
Jan
May
Nov
37% Dec
17
60 ya
28 y»
-
10
10% May .17
19
"
Lowensteln (Mj & 80ns Inc.
4%%
98% Sep
..——1
Jan
-
62% Feb
-
24 y4 Aug 25
19% May 17
"
—.
—
El
.10% Nov
34 y4 Sep
'6 % Sep I
.
2% Oct:
59% Feb
x48
Apr 14
,
20% Sep
102% AjJr
96% Jan
-
i May 19
par
May
11
•
7 33 Va May 27
40
68
,
7
Jan
14% Oct
-
Sep
"
7
9% Feb 11
24
'
9%
N
a
25 i * Feb
'
15
May 19
Apr 16
—100
St
49
Feb~13
50% Feb
May 16
"47
—HI
-No
preferred
Louisville
Louisville
Aug 18
May 17,,
-No.par
Liquid Carbonic Corp„——
-No par
/
3%% preferred
l
_100
Lockheed
'
<
—4--No par
Loews Inc
Lone Star Cement
Apr
8% Feb
7 29 y< Mar
.
W*ks__.
new
52 r, Deo
8
'
.
8
,
•
,
Deo
Sep
13%,Nov
7 12% Feb 13
I 44% Jan ; 9
V 46% May 21
&
Locomotive
Sep
4
101
9% May 20
30% Jun AO
4% May IT
1% May 19
,12
/ 17
-
Owens
Belt. Co
6%
$ per share
;
38
13
56
:
38 y8 May 19
Stores
Savers
■
J»n
11474 Feb / 8
,
19
'
11%
t
Jan ,- 9 •
31/
44
"//
Highest
$ per share
49% Jan
Corp__Z.——5-
Prod
Feb
14.
v
....
.Year 1946
Lowest
/
i____„L.5a
I—,.
(The)
&, Fink
^
,
9
23% NOV
4
99
Dec
20
Feb
20
18%
Dec
27
'Feb
13
25% Nov
41
Apr
Jan
94
May
79% Feb
22% Feb
5
8
64
17%
Oct
3
x20
Nov
Jan
29
166
Deo
29 V« Jan
31
21% Jan
172
53
Feb
7
27% July 24
101% Aug 22
20
Mar
«
/
Range for Previous
i
.
Sep
45% May
Oct
-
43 V4
$ per share
;
May .15
14% Mayl9
5% Jun-17
-
15%
51% July 15
97% Jun A3
/
Dec
7
102 V2 Aug
5
39 Va July 11
59 { Feb
4
21 y4 May 19
-
30% Aug
Feb
*
■■
55
35 y4
'
May .20
38 A
.
Apr
May"'
85
shark
49 % Jun
•
-
Jan
60 y4
13
Feb
Jan
,30
.'Sep
Jun
20
4% May 19
10% July 3Q
27 ». Aug
8
.
/
Liggett & Myers Tobacco—* .—25
Preferred
^
—1100
Lily Tulip Cup Corp__—II" -No
par
7%
*101
17%
Lowest
Jun
-
,
26%
11% Nov
J
Feb
Ranee Since January 1~
"
.
49
54
51
Life
v
"
*44
26
13%
Sep
19%
"*
ptd—75 Pesos Mex
(The)
Llbby McNeill
2,700
54
20
50c
.Lerner.
Libbey
2,900
1.600
25%
x6S
j
Lehman
v
53%
66
67
.
27% Feb
3
/
pfd/-/—No par
non-cum«2nd pfd____No par
Lehn
88% •
35-
25%
22%
20%
.'
7,400
53%
13%
500
1,600
,
25
20
40 y4
Sep
Dec
15
49 V* Feb
,
16
Jun
-
116% Feb
■
May 19
45
non-cum' 1st
1,000
*
.
53
20
1
18% Oct
45
,
8
52% Jan
16
JJan
Par
■.;•
Non-qum preferred
$3
:
"
25
65%
.20
AO'AApr 29
-
Bi^ant- l/——//_..;._No.par
1,200
-
8 3/8
53
14%
2
.
"
;
34%
22%
1,500
'
123/4
88%
98%
1
34
Lehigh /Portland Cement—i—25 v
Lehigh Valley RR M-_„_50
I^hlgh Valley •CoaU--i-—i_No
par :
2,400
:
t
46%
34%
98%
26% Feb
U
,
.Lees (James) & Sons Co—L—_3
<
3.85% cum preferred-—
—100
Lehigh Coal & Navigation Co—lo
2,400
46%
12-Vi
88
221/4
17 '
95% July 14"
4 % % ''
preferred:
Lee RUbber
30
;
,
|
13%
♦12%
89
22%
Lan»'
,
.400
7
34%
*96%
25
STOCK
'
Light
Lambert Co
20
:
36
Qas
La Consolid 6%
400
2%
21
Laclede
."
■.
/
700
^
....
10%
21 ■••/
.
88
188.
YORK
:
.
24%
100
19
.
———10
5
28% Feb
58% July 24
17% Feb 13
104% May 19
/ 11%
May 20
65ya Jun 17
series—2——100
EXCHANGE
V'l,800
*
24%
*96%
22'/4Man
z
_No par:
STOCKS
■
:
■
6,200
.
25
34%
51
13% Jan
108 Vi Mar
17
19
«''
'■••
NEW
.
55%.,
-
34%
2%
V
52%
22%
-
—
Shares
12;
11% ,11%
88%
51%
pfd \%
Sgies for
24%
*22
x51%
Cum
the Week
27%
'r
34%
46
1,500
51%
52%
51%
v
(8 S) (?o——j——10
Kress (S H)' &
C0—T/—No par X
Krogsr Co (Thf)
No par
1900
L
/.
Kresge
'
45%
12 Va
19V2
189%
-
170
4
-
10%
«
6%
87%
27
11%
20%
*
-
5%
*11%
27%
11%
6%
•187
5%
12
273%
19%
12%
87%
■
.
16
May
47V4:May
13% May
20% May
/
•
—1
prior preferred
Koppers Co; InC——
2,100
,
Co——
$5
3,300
-;
t
$ per share
5%,
*11%
19%
20
187
Friday
Sept. 12 >
*
10%
34
19%
87%
333/4
101
-
R)
(G
•
.
'
12%
*187
90
'
"V
*6%
45%
33%
101
1053/4 Jun 26
Kimberly-Clark' "Corp-.----—No par
».,4 % conv: 2nd preferred-—~,100
Kinney
v
48%
18%
.
200
350
-
-37%
6%
45%
78%
34%
18%
45
-
3,200
'
15%-'
76'
101%
*6%
CLOSED
r
^
•••••;
Southern^—'—No par :
Kennecott Copper —No par;- / 41:'/4 May 17
Keystone Steel & Wire Co—No par, ; 7 39
Apr 15
9,700
23%
110%
*14%
.
$ per share
12
*41%
34-
23%
110
Thursday
11%
53 ya
5%
•'
City
Class/B—p———————1.■
-
-Sept. 11
6
11%
*52%
100
*• 10%
,
200
'
-
*
,
28
24%
10
.
PRICES
Sept. 16
*11%
.
28 —
453/444
47
Wednesday
57/a
"
48%
46
Furn
4% non-cum preferred——100 -l
K&yser (jUllus)/& Co-——
_j/_5
Kelsey Hayes wh'l pouv cl A
1;
MOO
37%
48%
&
.
1,700
(
0
101%
•'
$ per share
5%
11%
28
*11%
54%
41%
*11%
.
1
'
11%
•52% ''
,-v
share
per
5% >
29
-
11%
SALE
~
Sept. ft1'
6
•28
HIGH
,; Tuesday
share
•11 y8
45%
37
78
23
33%
102
48%
46
AND
34%
,36%
■15%
.77%
-
*43%
23%
110%
?14%
.
Stove
preferred--—-——--^100
Kansas
1300
183/4
44%
••
23%
,
*17%
45%
44
15%
23
v
110%
.«
15%
78
102
36%
45
*43%
23%
110
♦14%
34%
33%
102%
110
16%
15%
3.8%
3,700
51%
15%
18%
44%
100
-
'
23%
15%
Kalamasoo
Kansas Gity rPwr & Lt Co—
106%
18
footnote:-
Corp
Jacobs- (F L)
11,800
110%
36%
*17%
;
43%
For
Jan
36% Feb
"
117;.
32%,
96 %
*94
18
*
22%
*
Aug 25'
100 >■ Jun
-
Island Creek, Coal
\
*140
23%
Si
May
11
96
Apr 23
3% May 17
■
28%
No par.
iv', ^8 preferred,
1.150
;
27
♦23
43%
«
-
■
Jan
36 "
33% Sep
.13% Sep
Mar 21
31J'Jun
84
—
shares ctfsj-^—;
Iiitertype
1,700
,
J
*109
*140
94%
•105%
,
20%
r
i8
STOCK
EXCHANGE
22 V4 May 19
"
v
*n3%
28
110%
23%
99
I.—
:100
41
40%
116%
*109
*22%
.
preferred
Chem
,220
.
44%
104
*103
41%
*26%
109
44
..
15%
Sept. 6
&
Jan
16 y8
Sep
Sep
Sep
9
Feb
373/4
*
36
95
July 14
186% Jun 12
10% Feb 11
May 19
V 9
.'
1,900
1
98%
44
"40%
♦140
34%
*
104
41
•112%
<
.
23
99
44
'
104
.
!
27
30%
*8
8%
*22%
99%
1
15%
Saturday
7
Oct
,
16
•105%
v
Mln
Interstate; Dept.
i
100
'
V
155
*
108
13
130% July
3,100
,:
1
'
8%
*152%
Apr
116
5
Jan
50
?l
6
International/Silver common—25
1% preferred i—l-i—i
125
InternT Telep & Teleg——No par
300
t per share
Jan
L-5
.
16
70
176% Jan
100
1 International Shoe
'
l'07/a
V
99%
168% Mar
225% Feb 13
No par
:
Rys of Cent Am---No par 5%
preferred ——
100
international' Salt "u-111——No par-
"
10%
Jan
Sep
11%
17% Feb 13
.8% Feb
8
.
May 19
Inter
.
1,800
54
I
v
Jan
85
6 a/4 :Oct
4
40% Feb
5
Preferred ——r———10,0
International. Paper .Co—15'.
$4 preferred
—"1—1—No par ' •.
15,100
.
111
*51 y4
x42%
X
\
v
v
193/4
110%
♦93
,
107 Va
13%
-
19%
41
*109
31%
,
107%
13 y4
103/4
117
*140
93
48%
106%
13 y.
10%
44%
27
110'
i—
100
International. Mining Corp_____l_l
Int Nickel of Canada—•—1 No par
80
20
8%
40%
•140
134%
134%
Apr
45%
14%
17
Feb
192% Apr 29
-25
.
1,900
11
23
•112
27
*169
134 y4
44%
Oct
23
15% July 24
'
'
Feb
9% May 19
par'
International
v
13,200
11 %
*103%. 104%
40%
4
47%
-
1,700
28%
10%
48%
;
Jun
87
:
180% Feb 18
May'2
3
Jun
10%
34% Mar
'
*
43%
115%
3%
28 y8
10%
99%. 100
45
3%
28%
20
•151
Harvester
Preferred;
,
10%
t
No
Int Hydro-Elec Sys class A
92
20
48
*22%
100
(.
*19%
154'
8
23 Vi
99
*85
106 %
13%
36%
10%
1_No par
——
Busiuess; Machine——No par
International
:
700
'
90
*133
55
10%
Int'l
2,300
.
25%
*23%
48
♦22%
10% 'r
Interlake Iron.
•
...200
-
28%
3%
54%
♦36
11
19%
,
28%
45
July 29
"33"
Apr 19
12 y8 May 19
105
49%
41
7
133
May 27
——100
1
45% May
Oct
10% July 17
14
Jun
Jan
31% Sep
18% Oct
1
25% July 24
174
'7
Jan
25
AYs Sep
30% Jan 25
17
July 17
^35% May 17
19,900
63/4
19%
*10%
<
20
36%
16
—No par
12%
Dec
Sep
14% Oct
Aug
1
Aug 22
97
Feb
Oct
33
5
60
Apr
July
60 y4
25 Va
2
39% Aug
30/ Feb
X35% May 20
107
5
11%
13
Jan
IV* Feb
73/4 May 19
23% May 19
12% Jan
47
"
'
813/B
28 y8
42%
55
Jan
30
*
'
1—No par
Corp
4% % preferred
:
Intercont';l Rubber '—
6,300
.
184%
6%
28%
27%
*85
111%
42%
55
♦35%
10%
-
*10%
8
54%
,
6%
48
♦52
42%
...'81
184
81%
184%
,
-20
Ctfs Inc.—————1
,700
,
1
213
107
«
111
54
42%
-
4
13
110%
213
15
1-5
'
28%
47%
13
110
42%
1
.
1
217
1000
Co—
Inspiration Cons Copper.—,
:
500
;
6%
133%
106%
'
12%
'
33/8
12%
X80%
90
4
33/8
123/8
184%
28%
46%
47%
*106%' 108;
•106% '108%
81%
133%
,
134
3%
12%
*213
27%
♦85
4
28%
♦133%
3%
RR
Insuranshares
,
'
20
12%
A_
20 y4 Feb
30
per share
Oct
24 ya
3
May 19
Interchemical
t
;
1
•
6%
27%
92
'
-
>
184
6%
27%
:
>'
184
6%
3%
12%
series
Inland Steel Co——l-
2,300
1073/4
109
ctfs
——100
—
-
'
41%
*107
1
3,100
7%
41%
107%
217
81
82%
*27%"
92
*212
184
6%
27%
12%
213
184
6%
3%
'
1
12%
213
183%
4
3%
12%
217
)
15%
15%
1
700
353A
35%
15%
-
"-41%
42
'
*87
1,500
„
177
33%
•27
1
•
121
177
$
Oct
30% Oct
5
"
3% May 20
30
100
Feb
43% Feb
•18y8 May 19
37% May 21
'93
Jan 21
—100
Indianapolis Power & Lt—No par
Induistria.Electrfca Do Mex, S A_1—
Industrial Rayon ———_—_I
Ingersoll-Rand ;
:—No par
6% preferred
100
L
,300
4%
lines
May 14
*
1
3,200
'
CO-,
series' A—
29
12% May 19
15% May 23
-
120
—
RR
Illinois Terminal
2,500
41%
"
♦117
*172 4
33%
6%
41
118
177
!
'
.
CcL_
Central
preferred
RR.Stk
90
,
16%
117
33
83
;
•
14 y8
383/4 Mar 28
7% Feb 28
13% Mar 3
:
7% May 16
6.66%
1
Power
Illinois
Leased
9
163/e
41
Idaho
1
'60
26%
26
16%
j
11,500
6%
9
26%
Highest
$ per share
-
May 19
33
Car.*.——No par
Inc*:—■—i.
3
■
No par
Hupp Corp—
600
-
Motor
200
*172
109
3,000
;
223/4
*213/4
.9
y4
Hunt, Foods
Hudson
700
96 3/8
96%
97%
22 y4
i
Bay Min & Sm Ltd
57,
*56
58
Hud
6,600
J
25%
Lowest
V* Jun 30
y4 July 24
26
31Va May 19
11
100
preferred——100
non-cum
;
45
20% May 19
1
5
Manhattan—;
te
5%
j
4,100
36%
25%
♦36
Howard Stores Corp
Co—^
Hudson
9%
,
$ per share
37 Va May 21
16 3% Jan 16
.25
0
Howe Sound
j
2,000
!
Highest
$ per share
No par
of Texas v t
Oil
Houston
2,500
35
26 %
26%
183
3%
Year 1916
Lowest
Houston Light & Power
300
!
35%
25%'
9
■
27
33/4
36%
27
3%
97
*343/4
25%
8%
12%
4,700
24%
26%
•210
22%
3%
Range lor Previous
Range Since January 1
Par
900
22 y4
23%
43 y4
35 %
-
3%
STOCK
YORK
EXCHANGE
,
*42%
36%
23
♦107%
35
NEW
Shares
34%
16%
*96%; 97%
Sales for
-
>23%
3%
16
CLOSED
22%
34%
35 V*
-
EXCHANGE
22%
3%
*8
-<
RECORD
the Week
$ per share
43
34%
*
3%
35
STOCK
43
22 %
22
23%
34
$ per share
42%'
*42%
Monday, September 15, 1947
STOCKS
Friday
Sept. 1-2
Thursday
Sept. 11
$ per share.
42 %,
STOCK
CHRONICLE
PRICES
Wednesday
Sept. 10
42 %
FINANCIAL
&
24% Sep
45%
Oct
20% Nov
97
Deo
<14
Sep
120
45%
35
31%
197
32%
72 y4
Aug
Jan
Jun
Jan
Aug
Jan
Feb
43% May
108
30%
July
Jan
1
►.
ime
166
Number 4629
NEW
2'
RECORD
STOCK
YORK
(1063)
CHRONICLE
COMMERCIAL '& FINANCIAL
THE
M
LOW
Saturday
Monday
Sept. G
Sept. 8
$
$ per share
;
147
HIGH
SALE
Tuesday
Sept. 9
$
share
per
♦37%
AND
38%
Wednesday
Sept. 10
$
38%
*142.
53%
54%
53%
54V4
35%
35%
35%
35%
108 %
13%
13%
13%
13%
18 %
18%
19
13
13
20
13%
470
*430
*12%
♦430
*142
10
6%
53%
54
54
54
54
1,800
Mack
36
36
36%
35%
36%
1,800
108%
108%
108 Va
108%
100
*13 "
13%
400
*107% 108%
13%
20%
*13
470
500-
8%
8%
8%
11%
*11%
12%
*11%
12%
*24
*11%
*24%
27
*24%
27
8%
4%
41/4
*4%
4%
4%
23%
23%
23%
22%
23
6%
8%
•
7
6%
7
7
12
*4%
4%
22%
23%
7
9%
11%
9%
11%
*24
1,900
3,800
*12%
12%
12%
12%
12 V*
12%
27%
27%
27%
26%
27
26%
27
109%
*109%
110
*108%
110
16%
16%
16%
20%
20%
20%
109%
109%
111
xllO
16
16%
20%
51
51%
50
50 %
50
50%
51
51
51
21%
22
21%
21%
21%
21%
21%
21%
21%
31%
31
31%
31%
31
16%
•20
193
*188
41%
40%
101%
101%
101 %
101%
99%
99%
99
99%
*98'%
95%
*94
95%
101/4
10
40%
101%
42
41%
*94
10
,
*110%
111
28%
28%
28%
103
*1021/4
40%
40
2,200
350
94
94
10
47%
47%
46
10%
"
*110,%
42
40%* 40%
29
103
29
*102
1st cum
39%
39%
39%
39%
39%
39%
*25%
25%
*25%
253/4
253/8
25%
300
54%
53%.
53%
53%
53%
533/4
54
54
54
34%'
34%
34
34%
33%
34%
33%
33%
3,100
*104
20
19%
19%
95
*94%
*43%
16%
58
58
14
49%
50
43
♦109%
110%
-
♦140
,11%
*11%
</.ll%
"V
38%
..42 /
x37%
J
109%
*58
v59 *■■■■
1
-
...
116/'
.
5%
17
»
•
,
-*54
60
..,
10%r. 10%
5
.5%
57%
59
118 3/4
122
29
28
29 y4
29%
58%
58%
59%
60
.19
20%
20
*25%
11%
11%
12
12%
20%
20%
21
21%
20%
20%
20%
,*25%
26
'
V4
12%
3,000
18%
18%
18%
18%
18%
18%
*18%
19
21%
22%
x22%
106%
*105%
*11%
12
*36%
*37
*37
12
37
111
*110
111
*110
*11%
,
'
110
"
*109
*38%
51
12%
12%
42
*38%
41
39
39
*38%
40%
*51
52%
*51
52%
*51
52%
SALE
—100
Inc.
5,000
38%
200
17
2
14% Feb
18
Tuesday
Monday,
Saturday
Sept. 6
$ per share
per
15%
share
15%
16
53
200
layers
(P
I)
.
10
.
—-5
—J
—--1
27% Feb
J
25%
25%
26
26
26
26
12
12%
123/s
12%
12%
12%
12%
10 3/a
10%
*12%
12%
10%
10%
12%
12%
EXCHANGE
185
24
*185%
,24
'23%'
9
CLOSED
30%
186%
187
9
*185
9 Va
9%
13%
<13%
13%
13%
.
"*23%
23%
10%
103/4
-
13
13
*
30%
^JVo P»r
A Bros.
7%
Deo
11%
13% Feb
4
11%
Oct
20%
Jan
34% Feb
13
30%
Not
57%
Apr
9
*109
gi/4
31
Sep
45%
Feb
22% July 25
12%
Oct
30%
Jun
63 Va Jan
48
Sep
75
Apr
Jan
34
2
18
25 % Aug
24%
10
Jan
33 J
49% Feb
100% Aug 25
97 Va Mar 11'
*23%
93/8
9 %
37%
9
"
"31%
13%
137/a
-•137/#
'30%
31%
30%
13%
3D
30%
'
15%
203/s
15%
15%
20%
20 Va
40
40
40
40 t
19%
19
19%
19 Va
19%
18%
105
105
'
20 %
105%
105%
158%
f
4"
32%
32%
32 3/4
189 Va
189 VA
158%
159
159
7%
7%
'
7%
*7%
18%
'
17%
.
1
I Vb
23%
23%
18%
24
'
33%
18%
'98%
98%
99 Va
27
'27Va
26%
27%
'14 Va
14
* 14
12%
,
1G1
*159
161
97
Oct
17
Jun
Sep
55
May
Mar
50
Jan
4
Jan
4
111
Jun
118
48% Jan 25
42
Apr
21
25
Sep
Oct
71
S3% Feb
43
May
107% Feb
7
Deo
122
Apr
i
102 %
2.800
7%
18
.
*7%
7%
*17%
18%
1 Va
80%
'
■
i9%
*104
1051
32%
33%
.
*189
190%,
*158% 161'
7%
7%
18%
19
1%
1%
1
81%
82
82%
23 Vb
23 Va
18'
3,200
.
15,700
800
6,500
;
,
;
"
60
3,600
,
1
23%
Sep
8
44
Sep
69
Jan
6
39%
Not
66%
Jup
Jan
44
31% Feb
500
1,100
.
National Power ft
5,300
1,700
18%
17 %;
*17%
18
17%
18%
17%
17%
98 Va
99
99
99
"99%
99 3/4
26%
26%
26%
*26%
26b/8
1.100
26%
14 Va
*14
14%
1,800,
Nat
2,100
Natomas
13
13
*12 3/4
13
-
12%
12 »/4
Apr
22
Oct
36
Jun
18%
Sep
30%
Apr
Sep
107% Aug
Oct
67 % Aug
Oct
103
11
Feb
5
25% Jan
7
20 Va
24% Jah
18
Oct
35%
Jun
Feb
6
8
61
Not
105 Va
Jun
19% Jan
28
18%
Deo
47 Va Jan
3
36 Va
Sep
65% Jan
10
64
Sep
3
97
Deo
50
73
17
20.
21
19
103% Mar
18 Ve Mar
'•
Apr
18% Fob
Oct
31%
45% May
Feb
32
Not
140
Oct
4
24
;
12% Feb
68'%
Deo
60
Apr
8'/a
7
Oct
18% May
Mar
100
Sep
129
43% July 28
8
Feb
3
28
Sep
44
19
Oct
Oct
52
51% Jan
42
Deo
Aug 19
121
5%
7
2
13% Feb 14
32
Feb 17
jJJ
19
19
8
17
Lt ex-dist.No par
Corp——
'
1,200
"
$2
Sugar Ref
preferred—
preferred
conv
4%%
»National
Tea
25
No par
—10
—40
—100
Co."——<———10
—1
Vulcanized Fibre CoCo—
No par
Apr
119% July
40%
66% July 16
Deo
26% Mar
Oct
"
105% Deo
114% Feb 25
July
14%
Oct
o%
45
7
Jan
62%
173
10% Not
14% Feb
66% Jan ;
-
Jun
6
14% Jap
Apr
May
77
61%
4
Mar
156
62%
110% July
113%
10%
5
32% July
Oct
104
45% July 23
42 vb Feb
26% Not
Not
39%
47% Jan 30
111% Aug 18
11%
Jan
Jan
Apr
23% July
70
45
Sep
Apr
64
Deo
43%
May
17%
Deo
28'/a
63% Feb, 3
Deo
Jun
Sep
135%
57 %
Deo
104% May
20
Not
30%
Apr
50%
Sep
62
Jan
13% July 14
7
24% Feb
15%
Oct
34% Jan
27% Feb
19
Oct
86
14%
Sep
22%
Oct
109%
128% Feb
111%
4
120'/a AUg 18
64% Feb
8
Sep
11
30
Sep 10
26% July 1
60
,
3
May
Mar 28
25
23% Sep
2
102
107% Mar 14
Jun
Feb
15% Feb
10
13%
Sep
27% Aug
40% Feb
10
32%
Oct
49
Jan
29
108 Va
Jun
15% Feb
11
9%
Oct
22
Feb
Jun
112
44% Feb
Jan
56
May
114%
Jan
Jan
13
33%
Not
55%
29
50
Deo
70
$ per
share
13
23
Oct
62%
Sep
41% May
16 Va Jan
8
0
27
14%
Not
34%
4 Feb,
7
10
Sep
2©7/a May
31% July 18
13 Va
Deo
28 3/«
323/4 July 28
20 3/4
Oct
34% Apr
34% Feb
25 Va
Oct
37% May
Jt£n
30
14
15
27
13
133/4 Feb
7
41% Apr
2
Jun
187
.26% Feb
10
8% May 19
May 19
7
14% Jan
16
4
17% Feb 21
Jan
3
38
Jan
Jan
Jan
Nov
205 Va
Apr
22%
Oct
32%
9%
Nov
21%
Apr
Feb
31
Nov
45%
Jan
13
Oct
24% Aug
180
15% Aug 18
13% May 16
13% Aug
27 Vb May
.
19
17% May 19
30% May 26
14% May 19
103
Mar 27
253/4 May 20
183 % Jan
6
150
Mar 20
6 3/4 Jan 16
16% May 20
45 VA
Apr
Nov
34%
Jun
19%
Nov
32% Aug
313/4
Nov
973/4
Jan
Aug 15
Oct
102 Ya Oct
33 Va
Jun
108%
Jan
Sep
40%
Apr
July
43
o
2
25% Jan
Feb 15
107
35 Vt Jan
190
July
167
9
9
27
Dec
Oct
178
*149
28
7
6%
Nov
Jan
31
20 Va
Oct
28
1 Va Aug
2
8
75
28% Jan
10
1
1
4
24
10
25
17
12% May 19
20% Aug
20% Aug
88
17
Mar 18
20%
May 20f
15 % May
11 Va Jan
3
173 *
Jan
1% Jan
13% May 19,
207
8Va Apr
91% Feb
21 Ve May
100
<
,
16%
743/4 May 26
*
Aug
Sep
15%
20% Jan
Aug 19
1
23
Oct
15
30
223/4 Mar 28
19
14 3/a May
.
25%
Oct
13
293/4 Feb
Mar 26
8% Jun
$ per share
$ per share
share
7
1
21% Jun
33
J
Highest
19% Fdb
13
Jan
181
for Previous
Year 1946
Lowest
Highest
627
>
Gas
Co
National Supply, (The) Pa
National
18
540
Steel
National
300
12,100
,
18 Va
'
35%
43 Va
19
10% May 19
24
Jan 13
}
preferred A—
-—100
preferred B.._
—100
National Linen Service Corp
1
Nat Mall & StT Cast Co
~Nopar
23%
14
Not
July 14
23 Vb
Aug 25
——In
No par
6%
18
14V4
Deo
20
8
105% Feb
108% Mar
102
105% Feb 20
25% Feb 21
9 Vb May
1
9
7%
60
100
23%
14
Apr
Feb
48 Va
32
.11
Dairy Products-National Dept Stores
41%
46 % May
56% Feb
21
19
Nat
*23
*
—J
J
Co——-1
No par
—5
National Distillers Products No par
Nat Enam ft Stamping——No par
National Gypsum Co,
—1
$4.50
conv
preferred
No par
National Lead Co.—
—10
Cylinder
National
23%
1
80%
Register---—
Lines InC——
National Container (new).
Cash
2,800
•
Sep
30
July 15
44
May 19
May 24
May 19
Nat City
"■
*
18 Va
18%
98%
WVa
80 %
18
17%
18
1
1 Va
*23%
11
7%
18
80%
80%
7/_
J
18
'1
80%
14
♦158
'
'
189
189
t
80%
17%
33%
189'%
<
105
*104
Nat
4,400
V 19
■
National Can Corp—
1,700
17,600
21
20%
*39
42
1,400
.
15%
15%
'
15%
21%
Aome
31
30%
-
19% 1193/4
33 Va
189 %
18 Va
1 0
♦104
■33%
31
$ per
14
Louis.-—100
13%
*13%:
•
600
,
13%
13%.
13%
' 15%
*40
105 Vb
190 VA
32%
*189
v
40%
39
»■
1
20%
15%
20 Va
■
15%
15%
20 Vb
200
-
Not
Deo
9%
45%
113
Lowest
National Biscuit Co common—-10
7%
preferred
—100
Nat Bond ft Share Corp
No par
5,600
"
'
9%J
*9
.
13%
13%
13%
1,600
9%
37%
9
9%
9
'13%
2,000
24%
9%
STOCK
National
1
-
Deo
93%
Range Since January 1
CO—
Airlines—
Nat Automotive Fibres Ixlc
National Aviation Corp
i
National Battery Co
National
600
„
112% May-
8
Feb
12
May
70
Not
103
25
Feb
106
Not
204%
Jan
45%
8
38% May
Sep
195
Jan 23
190
50'/, Jun 10
Corp
Nash-Kelvinator
1,300
189
*37% "37%
9 %
377/B
9%
31.:
.
24
24
24'--
37%
.
"
30%
303/4
*185 Va
Feb
112% Mar
Sep
6
111% July
Range
Nashville Chatt ft St
32
*31%
4
30%.
-
13% '13%
13 %
;
187
*185%
,
9%
•-
30
*29
.30%
187'
37'-
9
36%
9 Va
107/a
'
»
y
37%
37
*28
30%
30 %
30%
12%
29%
*28 *
30
*10%
13
30
10%
12%
'
Jan
8
1
'»S &
K"
EXCHANGE
110
26%
12
12
30%
21%
*21
21%
,
9,500
21%
10%
12
*21 VA
26%
46% May
17
8% Feb
143/41! iq
14 A May 19
103 k May 26
10 May 29
Par
16%
16 va
16%
21%
12
♦28%
16%
Jan
Oct
Not
Sep
110 /4 May 16
114/a Aug 26
Shares
;
Apr
3%
May 19
No par
NEW YORK
..
the Week
$ per share
share
*21%
'
STOCK
S per
Sales for
Friday *
Sept. 12
*25%
■26%
26
share
16 Va
per
16
16
-
Sept. I I
Sept. 10
$
t>*
s
21%
22
*21%
,,»
share
$ per
Thursday
Wednesday
Sept. 9
■
Sept. 8
$
HIGH
Aug
16%
12%
4
5 Vb Feb
N
AND
Sep
626
26
32% Feb
Jan 20
May 17
May 19
May 17
July 23
May 27
Mar 12
11%
STOCKS
LOW
Jan
17%
Oct
8%
Jun
May
30% May
Jun
620
Jun
.
May 19
May 19
32 A May
8 May
.3/2 Sep
49 % May
+No par
MU/4SyprSe^
PRICES
8
par
::i;
12%
*51
.
--—3
r
30
38%
Deo
12% Jan
24 May 16
9% May 19
1/ May 19
5?3/ m?iv iq
900
xl2%
12%
121/8
12%
12%
12%
Sep
Sep
13%
33
--20
—:1-25
$7 preferred
Munsingwear Inc
300
37%
38
111
51
12%
12
38
110
*113/4
11%
38
*110
37%
37%
110
6,000
22%
106
*105%
106%
11%
11%
11%
,
*105%
105%
*105%
16 %
1
455
Co.—_^.No par
Products Corp
Motor Wheel Corp—&—
Mueller Brass Co
Mullins Mfg Co Class B
300
19
22%
*1051/4
21%
106%
Not
12%
6
49 May 19
20% Jan 3
Motor
1,000
20%
*18 %
22 %
21%
21
21%
*17%
1
18% Aug
Wa-d ft Co---.No par
Lines Inc—.1
(John) &
Motorola
800
2Q%
20%
Apr
12% May 19
Mocre-McCormack
$2.50 cum pfd
Morrell
12%'
20%
lllYa
^5% May 21
105 Jan 6
Tool———No par
Chemical Co common,
preferred series A.-No
"called"
Montgomery
500
20%
-
Pfd
:
«
26
*25%
12%
19%
20Va" 20%
•
.
'
9,000
61%
,;*60%
25%
26
11%
11% ,12
18%
61%
*59 %
'
$3.25
;
,
18,400
Co Inc
Monsanto
-
600
30
X29 %
30..
29%
19%
*25
26
*24%
.
II,560
.
58
57%
58%
*57%
29%
58%
*57
Mojud Hosiery
Monarch Mach
400
,
59i/4
118%
i
58
,
1,400
58 3/8
58%
preferred serjM A
Mohawk Carpet Mills.
77c
,
1,000
25 3/8
'
57%
'
281%
-
116%'
rll6%
58%
57%
Oct
,
400
10
59%
59
*118%
117
17; -• '
*24i/n
;
5,700
36
,
Mar 28
106%
6,500
6,300
10,*
25%
59
'
117
115%
rll5
115%
58
.
117
117
*24%
■
10 y4
25%
*24%
...
5i/a
5
*35V-
35%.> 35%
.10%
10
9%
110
-•
65
25% Feb
3,100
10%
167/s
17%
16%
17% ;
35'/a
*
•
■
120
2,000
)
.,*391%
40%
53/e
1,800
; ,i
6O1
•*
'114 ^ 116( :
40,
116/.,,
40
200
900
,r
76%
Not
Apr 30
Products——No par
29% May 19
81* cum 1st preferred
100
136% Jun 18
Minneap & St Louis Ry—-Notpar - - 10% May 19
Minn St P ft SS M A vtc.—No par
6% May 19 .
Minn-Honeywell Regulator———8
47 % May 27
3.20% coriv pfd series A—-100
*03% May 29
Minn Mln & Mlg.--.-~—No paf
51 Mi Apr 16
Minn Molina Power Iropl
rr-n-l
.
7 May 19
$6.50 preferred-^--—-*No par
jM Jan 13
90
•
•„
,
«
Mid-Continent
Midland Steel
-
55,
108%
10'/4
..V,
lliaml
10
,
108%
1093/4
59%
115
35%
.
.
24
•
*
5%
f
■
9%
56%
57%
114%
/
40%
17%
35%
24
117
:
17%
35%
9%.
23%
56%
.103/4"
116
.
39%
<v»
-
5%
.5%' '
17%
231%
•115
40
59%
12
10 \
,
*
*35% V36%
9%
*9%
*115%
10%
39%-
5
17
10%v ,10%
*114^1.116
40%
10
1
58
140%
*ll»/4
54
*1083/4
109
58%
5858
>10%
40
10
37%
1
JVo par
-—-8
pfd-100
Coppcr-*»----»—®
Petroleum
10
3,300
6,200
1,400
;
42%
-
Xl40%
t
11%
54
54%
*108%
•
..10%
,*114
'
10
9%
109%
*11
?•
.
54
r
141
140
12
,*11%
•
54
108%
109%
: 140
1401
•
f 38%
38
50
1&%
16%*,
42%
■
100
Oct
37%
4
14
28
20
55% May
13 Vb May
41 Mar
43 % May
No por
&
4
.
,16 %
10 1
,
.,54'
55
•;
>
16%
42 '/8
37%
11%
*9%
9%
9%
54%
'•1
17
"
'
700
109%
109%
109%
413/4
T6%
<
■
37 %
142
142 r.
••141%
Mln Trans Co
Merck 81 Co Inc
—
$3.50 cum preferred
Mesta
Machine Co.—L
Metropolitan Edison 3.80%
900
:
102 3/i
10
-No par
Corp...
Merch
-L._
49
48%
102%
41%
16%
V. 36%
3,900
•
1
*4iy2'.:43C
44
109%
»
'
36%
14
44
50
1023/4
*42
-
36
14 "
'
42 Va
41%
43
160
*42%
V
.
1/16%.
16%
c
100
i
No par
1
preferred.———...—.100
>' 4%
2nd preferred
——50
Melville Shoe Corp.—
<
1
Mengel Co ; (The)
—
1
;
5% conv 1st preferred—a.
50
Mercantile Stores Co Ltd.——.3%
i,900
2,500
58%
*57%
14 *:
44
1023/a
43%
i
16%
42%
585/s
:
17%
IB3/*
17.■
*49
102%
: 43 y8
110%
♦109%
110%
*109%
24
,14
50
♦49 y4
♦101%
•41%;
'
461
*
■*423/4
:
-
42%
•101%' 102%
102%
102%
*41%
•
24
5
18
4%%
40
95%
*94%
Mead
1,200
'
44
*42 y4
44
51
*50
14%
'
*44%
*573/8
58%
14%
<14%
*42%
20°%'
24
:
16%
16%
16%
*57%
57%-
57%
14%
14%
*42% .■44
;
16%
203/a )
;
45%
233/4
•
25
300
95%
45%;
24%
500
25
.20%
•
*94%
95
45%
24
24'%
*16%
16%
25%
..-,20%
95
*44 %
46
,
VI 23'/a*
20%
20%
21
25%
26%
108
*104
108
*20%
20%
19%'
/
95
*43
24%
I
20
*94%
46
24
*25
24%
;"*19%
*104
20%
20%
21
24%
26
*24
108
*104
108
*20%
No par
Porcupine Mines
McKesson & Robbins Inc
$4 preferred
McLellan Stores Co
McQuay-Norris Mfg CO
Mclntyre
1,800
34% '
108
preferred
conv
Electric Co
McGraw-Hill Pub Co
1,200
25 %
34
20
Corp
Stores
3 i/a %
McGraw
53%
*104
preferred
Corp..——
McCrory
300
103
38%
7
35% May 19
24 May 26
100 May 22
35
Mar 14
24 May 17
46 % May 9
30% May 19
102 Jan 2
17% May 20
24% Sep 9
16 Vb May 19
88% Jun 23
44 Jun 5
20 May 20
16 May 19
$6
McCall
2,200
28%
28%
29%,.
102
101%
8
21% Mar
*
1
100
—1
30
42% May
160
15% Feb
7% May 19
42 Jun 6
108% Mar 20
—
800
v
Sop
Deo
111
No par
No par
No par
8
,
preferred.
111
*40%
*110% 111
42
cum
$3
"
300
9
22l/8
109
14
14%
39%
18 V*
24 V*
185
32
140
56% Feb
39 y8 May 19
100
Jun 24
98% Sep 11
91
May 19
Maytag Co„
1,600
46
Sep
Jan
May
May
sharis
$ per
5
21
41% Jan
No par
pfd 1947 series_.No par
pfd
No par
cum
$3.40
10
1
111
$3.75
430
98%
47%
Mathieson
-
,
1
No par
-—100
(new)
Alkali Wks
7 %
preferred
May Dept Stores.
$3.75 preferred
Master Elec Co
39%
39%
25%
26
*25
42
102
98%
10
29
.
103
42
102
99 y4
95
♦101
28%
103
41%
101%
40%
No par
—No par
Corp
Masonite
80
192
*186
——100
1
Corp—
Martin-Parry
2,900 "
31%
31%
313/a
10
*40
41%
2,000
*94
-
111
110%
21%
10%
*46%
<•
51
2,400
1,300
98%
95
10
41
42%
42%
7,100
101
99
47%
*46%
110%
47
47
101%
*10
"
16 %
20%
.
-No par
(Glenn L)
Martin
%
24,%
3%
19%
6%
,
pfd,,.—100
preferred1
Co.
4%%
"50
16
192
Field
Marshall
20 %
Corp
6% prior
& Co
Market St Ry
.
17
*186
40%
-*94
210
2,600
20"%
31
188
Exploration-
Midland
Marine
16%
31%
188
193
8
1
6.25
8
Marathon Corp
20%
.
1
-No par
Oil
Maracaibo
1,000
12
;
Co
Sugar
Bros
Manhattan
6%
20
*188
400 '
4%
6%
7
10
—1
Shirt
Manati
Mandel
10,800
23%
4%
23
100
-No par
Garden
Copper—'
$ per share
share
Apr
152
May 19
Jun 20
May 19
16% Apr 14
12 % May 13
455 Jun 17
6
May 17
9% May 19
Magnavox Co
(The)
Mahoning Coal RR Co———50
27
11%
.
28
109%
9%
27
12
.
27%
7
4%
4%%
500
13
-No par
No par
Co Inc
pfd series A
Magma
500
12%
27
22%
CLOSED
13
*450
13%
*450
preferred
Trucks Inc.
Madison Square
4,600
20%
20%
27
8%
STOCK
13%
475
,
20%
8%
11%
*23 y4
EXCHANGE
20%
13%
*435
13%'
*13%
148%
*144
148%
*107%
13%
19%
■
,
100
Macy (R H)
'36
$ per
<
Highest
39% Aug
Mar 12
Jan 13
May 19
34
140
41%
30 Vb
107%
,
11%
10
ft Forbes
Lowest
Highest
$ per share
Par
„
148%
.
X'53%
♦107%
1
MacAndrews
200
37
37,
'
Year 1946
January 1
Range Since
Lowest
'
EXCHANGE
Shares
$ per share
37%
37%
STOCK
NEW YORK
-
,
the Week
Sept. 12
$ per share
38%
Sales for
Friday '<•
Sept. H
share
per
♦37%
•
148%
*107%
Thursday
'
share
per
*37%
*142
147
Range for Previous
STOCKS
PRICES
Sep
29% Jan
17% Feb
13% Jun 13
Sep
Va Dec
11%
NOV
16%
Deo,
89
Nov
21%
Oct
14% Nov
10% Sep
Apr
10% Aug
41% Feb
2% Sep
101% July
38
Apr
25
Jan
32
Jan
106 Va Mar
42% May
24% May
i»
Feb
24
*-
(1064) -
THE
COMMERCIAL & FINANCIAL
NEW
LOW
Saturday
AND .HIGH
SALE
Tuesday
Sept. 8
STOCKS
Wednesday
Sept. 9
Sept. 10
$ per share
$ per share
Thursday
20 ¥4
20
20%
20
""•15%
15%
15%
15%
*15
153%
*106
$ per share
107%
*106
109
*31%
*106
32
♦104
*107 Va
1053/4
26
96
30%
*105
*107%
*37%
37
*25%
*95%
25%
153/a
31
V4
20 Va
153%
10734
x3034
15'/a
*105
I
105%
*107%
15%
*105
110
107%
37%
38
*37%
26%
*96 Va
108
Newmont
20
193/4
20
193/4
97
20
97
38%
37%
38
20%
*38%
20%
39
20%
20 Va
14
14%
38%
2,500
14%
38%
38%
38%
500
33 %
33
34
18,500
117%
STOCK
llava
13%
EXCHANGE
CLOSED
li-3/4
13%
*20
255
24
*232
x100
48%
103%
48%
X48%
*37
59
58 ¥4
30%
25%
8%
57
193/8
99%
99%
12%
12%
35 7/s
*293/a
30%
*29¥b
233/a
233/8
233/4
8 %
8%
8 Vb
89
88%
88%
58
573/4
193/a
20 %
193/8
100
12%
*99Va
12%
20%
20%
36%
36
353/8
*6%
7
*6%
*12%
13
36
353/4
35%
109%
35%
109%
107'%
24%
35%
1073/8
*21
25%
25%
25%
21%
21
VB
25%
21%
21
102
*9
103 %
18%
102
9%
101 %
9%
18
27%
27%
27%
'160%
163%
1023/B
18
273%
163%
*162
21
27%
*22%
23%
*22%
23
♦85
87
*22%
*85
*85 Va
♦13
70%
13%
72%
13
71%
13
♦14
15
*13%
72
*72
74
40
40
40
403/4
39
39%
5534
33%
S9
X158
553/4
55%
55%
99%
4%
4%
10
4%
108
♦105
21
21 Va
23/e
X108
63/a
69%
108
20%
*67%
♦105
21%
37
*
49%
63/a
*105
3734
2¥b
110
6%
*67%
108
37
49
*108
63/8
71
*14%
Pacific
Gas
Pacific
Mills
159
43/a
15%
50
50
108
*108
6%
71
*68
108
'105
23 V4
22%
38
38
39
18%
31%
20 V4
18
40%
50 Va
108
28%
8Va
10
1,000
Patino
33%
1,100
7
7'/a
7%
7%
7
12%
12%
13
17%
*29
%1
*108'
14 y8
14
14%
17%
17%
173/8
18
31%
*29 %
18 Va
31%
30
30
*108
112
112
20
7
*108
20%
193/a
112
20 y4
20
20
18%
18%
46%
*48%
94'/8
9%
28%
9 Vb
29 %
X27¥i
27%
1163/4
10
*28
*118%
28%
121
1JD9%
14%
14%
108%
10
LOW
♦108%
*94%
10%
28%
28%
*1053/4
Sept. 8
*49%
94 %
28%
Monday
53%
51
*27
10%
116%
HIGH
23%
*109
14%
40 %
543/4
105
23 ¥4
27 Va
27%
*1087/b
109%
109%
273/8
96
•106%
123/4
107
*97
99
25%
25%
*21%
*158
21%
*169%
172
172%
*97
25 Va
20
103
6,700
500
120%
*118%
120%
10934
109 ¥b
200
15 Va
9,500
Phila
28 %
2,100
96
Philco
96
30
29%
29%
4,700
103%
500
*91
923/8
*91
29%
57
92%
57%
*91
92¥8
5734
10
57%
*11%
58%
7,900
14%
35%
*11%
3534
*10534
14%
3534
107
*108
13"
99
25%
20%
13%
*97
25%
*20
of
57%
*11%
36 %
*105¥a
14%
36 VB
107
*108
13%
99
25%
21
*158
172
170
170
13%
*97
25%
20%
*158
*170
*36%
*1053/4
99
20
200
14%
36%
107
14
99
26%
13¥a
*97%
26%
13¥b
70
26 3%
21
*20
21
*158
172
*170
172
172
2,665
100
172
A
900
July 25
,
13% July 14
19
Feb
I
Sep
Sep
12
180% May
35
Jun
111% May
69% Nov
100
Apr
10% Oct
19%
12 %
Deo
49
,
Nov
25% July
86% Mar
Jan
24
Oct
47%
Jun
25% May 19
Sep
67%
Jun
39% Feb
19
28%
Oct
48
3
Deo
48
Mar
Apr
Aug 25
129% Jan
2
1223/4
Oct
Jun
160%
6
168
Feb
8
164
Deo
3% May 16
213/4 Jan 10
7
Feb
181% July
11V. Feb
4¥a Sep
9 V4
13
May 19
May 13
40 V4 Jan 13
104 V, July 15
5% Jan
13
58 Va Jun
10
108
13
41% July 28
7 ¥4 Feb
4
5
Oct
18% Nov
Jun
34%
Apr
13
5¥b
Oct
12%
,14% Feb 21
11%
Deo
27
Jan
13
Oct
20%
Apr
37%
Jan
56%
Apr
18
July 18
Feb
*
52
Sep
109
4
Mar 24
9% Feb
7
79% Feb 15
100
Deo
4%
111
Apr
14%
Jan
Sep
56
Deo
90%
Apr
2
3%
Sep
Jan
9
35%
Jan
26
Oct
48% May
35% Aug
g
Sep
,7¥b May
9
87/s May 19
32 «/4 Sep 11
38 3/4 May 27
6v4 July
109
July
43
8
34% Feb 21
14% Feb
11
15% Mar 31
38
Apr
11
62
110
May
39% July
Nov
82
Apr
7%
Jan
12/
Oct
22%
11%
Deo
24%
Jan
40%
Nov
57%
Jun
45 ¥4
Jun
7
48% Feb
105% Oct
27% Oct
1
15% Jen
12 Va
Dec
14% Sep
10
6%
Oct
16%
Feb
24% Fed
27
17%
Sep
30%
Jan
36
Apr
16
28%
Feb
107% May 20
117
37¥4 Aug
Jan
29
No par
Jan
18 V4 May 17
17% May 19
22
Aan
6
50
20%
Sep
115% July
27% Jan
26% Feb
3
25
10
38
Sep
47%
Feb
5134 Jan
6
37% Nov
51%
Deo
1183/4 Sep
2
Jan
21
43
Jan
68
101% Feb
13
86% Nov
115
100
5
100
100
May 13
115% Aug 12
47
6
105
•
55
5
May 19
243/4 Jan
23
100
America
May 19
81 Vi Jun
no par
22
16
Feb
4
Feb
S
34% July 25
34
110
•
Jan
*
14
May
Apr
Oct
51 ¥4
Jan
Jan
5
21%
Sep
40%
Jan
4
28%
2
105%
Sep
Sep
43% Mar
108% Jun
May 13
8% May 17
11% July 25
109
8% Deo
Mar
14%
Apr
Range for Previous
STOCK
Range Since January 1
Lowest
Highest
-No par
Co
Read
4%
37
: 36
53
_No par
-No par
00m.
Coal A
-No par
Phillips
5%
$4
-
-
2
July 28
59
2
Mar 20
.
$ per share
13
35%
Apr
Jan
29^ Sep
61% Deo
Highest
$ per share
,16%
Fob
80
May
*48
May
76%
Jan
1093/{| Aug
5
27V4Jan
2
24%
Sep
30% May
29% Jan
3
105 ¥b Feb
8
44 Vb
*98% May 28
23 Vb Jun
6
263/4 Jan
Aug
62% Jan
115% May 16
1
21
27 %
Deo
34
July
Deo
122
May
120% Aug 12
109% Aug 12
4
10% May 19
107
116
Deo
117%
Jan
Jones
21
Jan
16
15% July 24
80% Feb 18
20 Vs
Deo
47
100
Z
89
May 23
98% Mar 17
89
Dec
102
Sep
43 ¥4 Jan
18
33%
Sep
71
Jan
25
104%
Dec
112
Jun
Deo
106% Aug
0
26% May 19
10O
preferred
102 V» July 15
109
Feb
96% Aug 11
101
Mar
100
preferred.
Petroleum
19%
Feb
Jan
8
96¥4
21
Apr
29
31% July 17
20%
Oct
36
Jan
81
Jan
17
93
84
Deo
89
NOV
49
Feb
16%
12
N"
—
Pitts C C A St Louis RR
Coke A Chemical Co
Pitts
preferred
Coal Co
Pittsburgh Forgings Co
Pitts Ft Wayne A Chic
Ry.
July 25
633/4 July 14
50% Mar 15
Inc
preferred
Pitts Consolidation
Oct
-100
Hosiery
Mills
11%
-No par
Corp
cum
conv
Jun
100
"
Iron.
16
May 14
V4 Apr 14
Year 1946
Lowest
$ per share
3
series
Plllsbury
9
10O
preferred
Phillips
13% Jun
25
pfd series A
Morris A Co. Ltd
3.60%
$ per share
preferredZZIfiO
3 ¥1 %
Philip
$5
6,600
Oct
7
Apr 15
13% May 19
29% Jan 18
Corp
Phoenix
300
*108
66%
6
33 %o
;
.
Electric
1093/8
*28
4
54%
I
Co
preference com
4.4% preferred
3.8 % preferred
Z
15%
102%
Jan
80
No par
$1
28 Vb
190
93
1
4
7
Corp
YORK
$0 preferred
Phila
15 »/a
103%
28
4% Jan
_io
Co
Phelps-Dodge Corp
Philadelphia Co 6%
28
29%
*102%
Deo
32% Jan
No par
Pfeiffer Brewing Co
Pflser (Chas) A Co
Ino
96
*96 Va
30
Sep
19%
36%
EXCHANGE
27%
15
158
8
STOCKS
*94 5/a
29%
*28%
j
preferred
NEW
70
23%
28%
99
106% 107
1234
23 ¥e-
*27 3/a
*28
28%
*lud
13%
980
*96%
5734
*10d
10,500
96%
29%
91
*35
40 %
533/4
96%
57
351/4
1,800
39%
53%
*102
103%
28 Va
*11%
15
800
Oct
18
28% Feb
18
Par
'
20
163% Jan
11
Shares
;i
18
12
15
Jan
51% May
'39% Feb
100
Sand
Corp
the Week
$ per share
29%
97
Petroleum
Dec
18
53% Jan
No par
Corp
Corp
Eastern Ry
Pepsi-Cola Co
Pet Milk Co
Sales for
*102%
91
14%
Friday
Sept. 12
29%
92%
58%
14%
2,200
25
28% Feb
8
No par
Coke
2nd
Sep
2V4 May 17
34 % May
7
28 y4 May 20
2.50
Enterprises
A
4%%
*113
37
No par
preferred
Peoria
8
l
Co
Cement
Glass
Feb
Feb
1
Mines
Penn Power A Light Co
Pennsylvania RR
Pennsylvania Salt Mfg Co
3%s series A pfd
Peoples Drug Stores Inc
Peoples OLA Coke (Chic)
—
103%
29%
57%
.3*%
40 Va
54
103
23%
27%
*11%
40
53 %
103
*118%
96
29%
$ per share
23 %
27%
*91
Sept. 11
16
96
29%
Thursday
42
27
97
10'/a
16
96
*103
lO'/a
41%
27%
103%
10%
2734
2734
*118% 120%
1
400
.
42»/a
23%
21,100
108%
42
39%
300
400
28 3/a
*1053/4
4134
531%
"
"
29%
16
*103
560
•
10%
*2734
108%
1,400
117
16
96
100
19,500
153/8
•27
*97
10%
Penn
A
Jan
17%
120
May 27
20 ¥b Sep
9
PRICES
•95
'
*10534
11,660
18%
41 %
109%
14%
10
Coal
5 %
20
15'/8
23%
28
27%
$ per share
54
121
29%
108%
27 %
Penn
*119%
Nov
l
C)
Co
Penn-Central Airlines
Penn-Dixie
100-
95 ' c
*9%
29
CLOSED
29%
100
Co—
A
Oct
10 %
118
10
i
(J
1,900
46%
*93%
lO'/a
Sept. 10
41
28
94%
Penney
112
52%
30 Va
EXCHANGE
29%
♦102
loo
Transportation
Mines
2,700
18'
30%
*50
*9%
Wednesday
40
*119
943/8
*116%
29%
SALE
1534
104%
51
103/a
10
per share
104%
95%
*49%
'
19%
18
r46%
1,200
14
18
29%
*1053/4
Sept. {>
153/4
40%
39%
5334
51
117%
133/4
*108
4,100
7 Va
♦29 Vb'
*9%
Tuesday
S
117
*7 Va
283%
*
10%
AND
116 Va
10
5
No par
Penick A Ford
46
24
Parmelee
99%
4
43% Jan
2%
No par
Proof
17
'
91
10
Inc
A
Rust
44
10%
18%
104%
600
8Va
Parker
33%
•95%
23 3/4
400
43¥4
♦94%
53
29
33
51%
1043/4
*28%
Feb
62% Jan
No par
Consolidated
Davis
44%
10%
46%
41%
Utah
Parke
32 Va
18%
393%
&
Park
44
46%
42
Park
1,900
2,700
10%
18%
153/4 ,'15%
1,200
2%
40 Va
*8
Corp
18% Nov
Jan
10
Apr
152
1
Pictures Inc
Tilford Inc
44
46
42
383/4
Jun
8
37% Nov
112
13% Feb
33% Feb
34¥b Jun
54
100
Paramount
*23/8
'
36
25% Feb
May 28
93/4 May 19
100
preferred
33%
43%
18
$ per share
38 Va
38,400
conv
*323/4
45%
Sept. 6
4%
34%
116%
Saturday
108
22 y8
25
Car
Cos
44
117
108 Va
Parafflne
Jun
30% Bop
July 23
41
No par
Panhandle East Pipe Line
4%
preferred
Panhandle Prod A Ref
33%
*49%
10
70
22 %
3
Airways Corp
Pan-Amer Petrol A Transp
43%
18%
*1053/4
220
5,500
July
Sep
Jan
Corp
Oil
29 ¥.
21
24
Teleg
Western
Feb
75
American
♦10
47
47
116%
2,400
6%
Pacific
*39 Va
23/a
38 Va
*8
Pan
50%
22 Va
39 Va
2 3/a
Packard Motor
15,500
110
*105
23%
38 Va
5,100
31,000
16
6%
*68
70
A
4¥a
50%
*105
6%
Telep
10%
*14%
110
6%
preferred
Pacific Tin Consol'd
2,000
40%
43/4
10
16
Pacific
120
43/a
40
43/8
10%
390
158
43/a
Jun
19%
16
Electric
May
May
108 ¥•
Jan
JNo-.par
10
7%
112
2%
38
100
*157
4Va
63/s
8%
x20
STOCK
*14%
28'/a
*17%
*29%
■
43/4
10
99 %
158
4>/a"
3934
10
8 Va
993/a
157 '
4 V4
40
*28%
♦108
$ per share
99%
&
55% Jan
I
50
Lighting Corp
Pacific
6,200
16%
18
-No par
non-cum
800
8%
12%
preferred
25
107
10
10
19 ¥4
Deo
No par
non-cum
1,200
8%
12%
2nd
•
Co
393/a
2%
44
710
Fisheries Inc
Coast
preferred
33%
37¥4
34
1st
55'/a
2%
7
Pacific Amer
60
Oct
Nov
0
70% July
Co
39
28%
34
Glass
55 Va
38%
X43%
Owens-Illinois
Jan
9
•
19
24
12.50
10O
2.50
2
44
22
7
No par
Marine A Mfg
Co
Pacific
42
18
Apr
104% Nov
56% Jan
Jan
7
May
Sep
36
Oct
96% Deo
18% Nov
3
38
11
May
154
May
19% May
84
Aug
preferred
Outlet
*32%
28%
10
6%
No par
com
55%
38
10
Elevator
800
*41
86
—
Otis
230
75
Jun
May
273/8 July 14
May 17
7% May
117
111% Feb
10
173/4
16%
17
*18% Feb
15
<97
39% Apr
I6¥a Feb
Jan
2
45% Jan
9
333/8
28%
9 ¥4
19¥8 Jun
13%
75
40
pfd—20
Oliver Corp
No par
4%% convertible preferred—100
Omnibus Corp (The)
6
8% conv preferred A
100
Oppenheim Collins
10
Gas A JEleo 4%
Oklahoma
Oct
9% Dec
13% Feb' 11
14
15%
*1434
41
Apr
21
23%
111
24% May 22
12
May 16
123/4 Sep
4
31% Apr
55%
38%
8%
13'%
143/4
2,700
22 V4
6%
107% Sep
Co-—
3334
28 Va
*£•'
13 Va
72 Vb
Jun
Sep
102% Feb
Aug 20
19 Vb Aug 20
—8
preferred
Oil
Outboard
30
Co——
2
100
No par
4.40%
Ohio
120
,
—100
(Minn)
Co———2.10
333/4
38
1
-
713/4
75%
393/a
21%
37
2%
72
41
100
43/4
93/8
16
48%
10«
6 VB
4%
10%
*14%
49 ¥4
*67%
4%
39%
23
86
143/4
"
93%
16
159
4%
39%
43/4
10%
49
159
4%
39
2,600
Sc
55%
33%
99%
500
162
*22 Va
*85
*74
39%
553/4
33
♦157
41%
♦14%
33%
32%
158
4%
39¥4
16P/4
23%
85 Va
13%
15
41
240
28 3/4
72
76
40%
983/4
33%
100
39%
40%
120
400
19
28 Va
163
5,600
9
102 s%
*18
28%
<
85%
13%
143/4
*74
'
♦22%
72%
13
143/4
72
20
200
102
9
102
Ohio Edison
200
21%
102
9
103 Vb
*162
87
72%
33
Pharmacal
21
102
27%
.25
50
Norwich
21%
287/a Sep 12
22% Feb
7
No par
700
*20%
60 V4
12
20
Rubber
13
200
25
287/a Sep
63 %
11
Tire
14,600
17
U
10
Norwalk
35%
10 ¥4 Feb
115% Jan
52 % Jun
Jan
4
Inc
Northwestern
26
72% May
'
May 19
360
108
53
Sep
7
Jan
600
2534
Oct
41%
16
Sep
preferred
Telegraph
cum.
31%
53 V4 Jan
83% Jan
99
Airlines
113 % Mar
28% Feb
Feb
100% Aug 19
513/4 Sep
3
50
Co
Deo
102
325
Nov
16
Nopmr
Power
Jon
11%
20
pfd $3.60 series
4.6%
1
6% May 16
87 Vt Sep
8
13 %
7
108
21 VB
*18
23%
87
71
4,200
35%
*35 Va
21
9
27%
163
21%
275
8
23¥b Jun
1
——
Northwest
Mar
13% Feb
12
10
Ry—
Jun
37% Feb
41% May
76
May
11
new——25
Natural Gas Co
New
58 ¥b
135
Oct
3
20
Sep
Northern Central Ry Co
States
53%
34% Apr
69% Jan
35% Jan
61% May
Oct
Feb
Jun
109% Jun
Deo
21%
Ry—
Adjustment preferred
American Co
Pacific
Aug
lo<
96 ¥8 July
9
32% May 19
37
Sep
9
B
North
123/4
353/4
103
20
4,400
Western
*63/4
26%
VB
12%
Sep
Sep
16%
1
25% Sep
5
4
North American Aviation
Cum
79
4
62% Jan
10% May 21
-25
Northern
26
290
9
100
New
Northern
3
3
37% July
124
Apr
45
Oct
Gas Corp—
$3.75 cum preferred
Noblitt-Sparks Industries
Nopco Chemical Co_
170
21%
108
102
9%
103
*18
*162
20
1013/4
9%
103%
103
18%
.
20%
102
9%
103 Va
*21
*343/4
99%
12,300
23Vs Sep
1
part stk
Y Shlpbldg Corp
100
'
35
13
107
20
12%
63/a
13
25%
28%
99%
36
*6%
123/4
100
13%
250
Y State Elec &
Northern
203/4
1093/4
35%
89
19%
1234
21'/a
25
20%
3,500
1,200
100
123/a
7
123/4
89
28%
2u%
*99%
21
12,800
8 3/8
3
Oct
50
Oct
19
102 % Aug
113
Nov
22% Feb
May 23
May 20
110% May
Oct
18%
36%
—80
Hartford RR Co
N
30%
24
95%
4
Sep
43% May
Sep
10
53
Haven &
&
3
Feb
27
21% Feb
26
series A "wi"—100
N Y Power & Light 3.90% pfd_100
4,200
58
7
20%
58%
8%
13
203/4
102
58 vb
30%
20%
20%
700
100
24 Va
573/4
12%
170
493/8
37%
7
46% Feb
19
Preferred 5%
Norfolk
*87%
100
99
49
8%
19%
21
59%
*98 Va
*37
102
preferred-—No par
non-cum
New
V4 July 14
32% Feb
-No par
& Harlem RR Co
Y
Y
42
May 17
Apr
22
109% Aug
103% Nov
106
Deo
30% Oct
May 21
July 15
18 % May 19
80
May 19
32¥4 Jan
Deo
Mar 11
108% Jan
7
17 3/a Jun
9
32% May 19
12
Dec
25% Nov
106
27
3 per share
Oct
16%
104
13
35% May 20
96
10
18 3/4
July 25
Sep
20% Feb
N
x23'/8
89
12%
20%
5,300
12%
100
*293/8
57%
20%
34%
'109
120
123/8
59
583/4
1,200
1033/4
12
38
123/B
25
*102%
48%
37%
243%
36
24%
103 »/a
48%
58 V.
7
103%
*36%
59
(5
N
N
*99 Va
8
36
255
12%
*87
*12%
*232
25 Va
99
8¥b
99%
255
18% Feb
11% May 19
Dock
New York
Jun
17
Fen
Highest
$ per share
24% Feb
July 14
24 V4
100
No par
preferred series A
Omnibus Corp
6%
23
*232
25
104
—10
1
100
N Y City
800
58
11%
87 j/4
-19%
*20
*52
98%
48%
37 >
133/4
58
11%
*29%
25%
133/4
23
pfd_100
4%%
preferred
Newport News Ship $t Dry Dock—.1
New York Air Brake
No par
New York Central
No par
N Y Chic & St Louis Co
100
2,000
133/4
99
%
19%
116
119
Va
*52
103%
583/4
30%
8
2,600
116
13
255
103%
37
i
60%
24 ¥b
34
*20
243/4
ji
87
*232
24%
48%
39
*29 vs
34
11%
49
59
3434
99
100
*37
14%
117
58
24%
*103
12
*52
255
23%
103%
11%
14'/a
13%
23
58
1434
34
118%
*13
*20
24%
103%
118%
133%
22%
*52
58
*232
118%
13%
140
14%
34
*20
24
*52
34
*102
Newport Industries
14
33
100
Pr & Lt Co
Mining Corp
1,700
1,400
38 %
14%
38
38
20
143%
107
283/4 Aug 26
273/a
26%
97
13% May 29
105
Feb 13
common-No par
New Jersey
100
•
,—-1
serial preferred—100
conv
Lowest
$ per share
18% May 19
Newberry Co (J J)
3¥a%
preferred
Year 1946
Highest
—No Par
Corp
4%%
20
'
$ per share
Neisner Bros Inc
600
1,300
105'/a
26
97
Nehl
5,700
30%
38
97
*-
106
30
*Par
Shares
2034
,
106
31
25%
25%
97
20
*106
110
37
20
1053/4
110
*107%
38
25%
96
31
*104
110
37
109
31
106
20
$ per share
Lowest
exchange
the Week
Ranfcfe for Previous
Range Since January 1
STOCK
NEW YORK
Sales for
Friday
Sept. 12
Sept. II
$ per share
20 Va
Monday, September 15, 1947
RECORD
STOCK
PRICES
Monday
Sept. 6
$ per share
YORK
CHRONICLE
oar
10
No par
95
1
10
18
Feb
1
May 16
Aug
18 V4 Jan
17
165
.
1
Feb
Mar 29
27% Aug
,
19
14% Aug 15
102
4
2
% May 19
Aug
38% July 24
108
73%
Jan
26 3/4 Feb
169
1
10
Aug 22
Deo
41
Jan
29% Sep
102% Sep
36
Deo
110
Feb
123
100
No par
"1
Jun
30% Apr 28
103% Jan
2
136
May
Feb
Oct
7%
Sep
89 ¥4
Dec
17% Nov
*16%
197
15%
106
Feb
26% May
Deo
30
Feb
July
202
May
210
Mar
Volume
THE
Number 4629
166
COMMERCIAL
NEW
AND
LOW
Monday
Sept. 9
$ per share
share
$ per share
33%
35 %
X34
78
12%
74
76
77%
*12
13
*12%
13%
*12
13
200
*154
167
*154
167
*154
167
29%
26%
*10%
24%
30
24%
30%
10%
24 Va
11
30%
*10%
29%*
30%
10%
24%
24%
*24 Va
24%
1,300
Plymouth Oil Co
1,200
Pond
10,600
34
31%
31%
14%
14
14 %
400
10%
10%
10»/4
10%
3,200
38%
37
37
66 %
66%
66%
37%
♦37
38
66%
66
66
*
♦37
66%
Pressed
Inc
Co
Industries
22%
22%
22%
22%
23%
23%
25%
23%
24%
96
95
95
94%
95
94%
94%
94%
94%
70
36%
37%
36%
36%
36%
36%
36%
36%
36%
36%
2,300
Publlo Service
22
22%
22%
22%
22%
225/a
22%
22%
22 Va
22%
3,900
108%
108%
108%
360
108 %
109
108%
108%
108 %
108%
108%
117%
117%
117%
117%
117%
117%
Xll6%
116 Va
116%
117%
580
126 %
127%
126%
126 %
126%
127%
*126%
127%
127%
128
220
145
144%
145
144%
145%
340
111%
111%
111%
111%
40
♦143%
144%
143%
143%
*111%
111%
♦111%
111%.
55%
56%
55%
56
56
56%
56%
56%
56
56%
4,000
24%
24 3A
24%
24%
25%
25
25%
25
25%
7,700
Pure
*107%
108%
107%
107
•
5*
500
68% Deo
92
12%
34%
July 24,
96%
Oct
preferred
Bakeries Corp
107 %
107%
107%
107%
30%
30%
*30%
31
30%
30%
30%
30%
300
Purity
♦21
22
*21%
22
*21%
22
22
22
22
22
300
Quaker State
7%
8
Jan
200
Nov
Jan
23
200
Nov
11
13
Oct
28
12% Nov
22
26 Va Julv 28
19
29% Aug
34
Apr 19
19% May 19
11% May 17
31%
Oct
Jun
July
20% Sep
14% Oct
25
3
16
Feb
13
11% Nov
30
Feb
Sep
10
18% Feb
May 17
Oct
27%- Feb
Feb
34
May 19
43
17
38
Dec
63%
Feb
May 20
67% July 17
63
Oct
71%
82% Jan
2
32
Nov
67
Apr
May
17
102% Feb
13
30% May 19
21% Jan 16
38% Jan
2
25% Feb
21
15% May 17
93% Jun
98% Deo
105% May
31
41
Sep
17%
Oct
5
103
120% July 17
108
130
139% May
9
114% Aug
119% Jun
8
112
NOV
117%
Feb
Sep
€9%
Jan
Oil
117
May 28
127
Jan
146% July
110% Jun 24
114% Feb
51% May 19
61% Feb
3
47%
21% May 19
28% July 25
19%
Feb
Ref
Aug
Aug 18
126
2
109% Jan
17
107
36% Feb
4
30
38%
Feb
89% Aug
18% Feb
11% Jan 17
Mar 14
Jan
28% May
115% Jun
Sep
20
Jan
150
Oct
May 19
25
18
Corp
2
106% Jun
Jun
115% Jan
111
No par
July
30%
Sep
Sep
103% Apr 24
109% May 14
No par
100
pfd 45
conv
107%
31
m
May
30% Sep
14% Jan
200
No par
100
100
100
No par
(The)
♦30%
107
Nov
No par
Pub Bsr El A Gas
Oil
59
21
preferred
No par
Co of Colorado
20
of N J com__No par
Pullman Inc
24%
♦111%
Oct
17% Feb
May 15
9
>o
103
84 %
13
10% Aug 28
5
6%
111%
144
cum
Feb
141
11
57
Inc
preferred
7% preferred
8* preferred
44.75
Jan
22%
50
45 preferred
11,200
14
Oct
78% July 24
17% May 16
Pub Serv Corp
22'/a
*94%
Puollcker
Jan
Dec
9%
No par
Procter & Gamble
3,800
171
-
preferred ser A
4%%
200
Car
48%
7%
10% May 19
No par
1
class B
Steel
Jan
67
1
Pocahontas
Creek
Poor & Co
Sep
14
130 Va Aug
Apr 22
59% May 17
B
5
Plough Inc
14%
37%
&
30%
32
65%
1st ser conv pr pfd
30
10%
39
A
*10
14%
66%
100
100
100
100
100
1
B
class
11
34
10%
class
I
9% Feb
May 19
114
30
42% Feb
May 19
8 Va
West Va
Pitts Young & Ash pfd
Pittston Co
(The)
10%
14
10%
7
Highest
t per share
$ per share
13% July 25
32% Apr 21
No par
preferred
Pittsburgh
$ per share
No par
'
Co
preferred
5%%
♦13%
14
Co
Steel
5%
580
40
14%
65%
76%
78
167
Plate
1%
136
75%
10 %
♦37%
*125
78
23%
26
10%
136
78 V2
*26%
25%
*14
Pittsburgh
10
Pitta Screw & Bolt
*765/8
28%
23%
74
*125
Pitta
1,700
2,100
34%
8V4
10%.
77%
*10%
23%
136
Glass
7,500
8%
10%
34 %
8%
U
Highest
$ per share
Par
12%
*154
11
*125
34%
8%
10%
Lowest
Lowest
Shares
$ per share
Year 1946
Range Since January 1
STOCK
EXCHANGE
*75%
12%
29'A
29
*10%
33%
8%
11
NEW YORK
78
*76%
167
*154
$ per share
34
8%
11
75%
74%
75%
12%
CLOSED
J per share
136
*125
136
77
-
the Week
8%
75
STOCK
Sales for
Sept. 12
10%
♦125
-
Friday
Sept. 11
33%
8%
10%
Range for Previous
STOCKS
Thursday
34
8%
10%
RECORD
STOCK
Sept. 10
%
8
YORK
25
(1065)
CHRONICLE
PRICES
Wednesday
10%
EXCHANGE
SALE
Tuesday
Sept. 8
Saturday
Sept. 6
$ per
HIGH
FINANCIAL
&
R
\.
8 Va
8
*
10%
10%
10%
*30%
31%
*30%
25%
25%
25%
25%
25%
25%
37%
37%
37%
X37%
37%
19%
19%
43
*41
19%
19%
11%
*11%
13
11%
*24%
11%
*11%
11%
11%
11%
74%
*73%
"73%
73
73
*73%
73%
14%
14%
14%
14%
14%
14%
15%
15
101
29%
*28%
29
6%
6%
6%
7%
7%
8
4%
4%
4%
4%
4%
5
11 Va
11%
11 Va
25%
25%
26%
26 Va
*111 %
112%
112%
*
*11 Va
12
X25 %
26
25 Va
*111 %
113
*111%
26%
25%
112%
*111%
112 Va
100
19%
19%
19%
3,600
100%
19%
7 Va
7
20%
104%
*103 Va
104%
19%
103%
*103%
*10 %
11
*10%
39%
40
39%
*10%
39%
40%
49%
49%
102%
102%
19%
19%
49 %
49%
*102%
20%
50
102%
20
»
101
101
20%
10%
110
7
18,200
7
20%
104%
*103
40
8,100
Preferred
500
103
*102%
Rheem
1,700
20%
20 Va
20%
15%
*15%
16
16
16
900
29
*26%
28%
28%
200
Ritter
900
Roan
15%
16
15%
15%
27%
26 Va
26%
5%
5%
5%
19%
*19%
20
20
20
54
*53%
55
55%
55%
20%
*19%
20%
20%
20%
*27
5%
5%
*26%
55
55%
i
21
20Va"
55
20
39
35% Jun
56
Oil
400
Jun
46%
Jan
15
Nov
31
Apr
4
99
Sep
112%
11
12%
Deo
16%
Oct
July 25
29% Feb 13
9
May 16
Sep
76%
Sep
125%
Jan
26%
Dec
45%
Apr
16% Feb
125
14% Nov
11% Sep
4
17% Feb
8
Jun
24
84% Feb
18
14% Sep
8
9
72
May
100
Dec
101
2
100
Oct
106%
32% Aug 12
20
Oct
Jan
24%
Apr
Dec
17%
Feb
Oct
11%
Feb
24%
Oct
40%
Feb
107%
Oct
118
18
Sep
07
9% Jan
7
8ep
31% May
110% Jan
8% Feb
7
3
Jun 30
15% Feb
4
13%
22% May 19
30% Feb
21
113% May 28
11
3
110% Jan
14
24% Feb
May 19
Sep
100
9% Oct
11% Feb
May 13
7
19% Jun
16
Apr
110
10
Jan
39
9
24 Va
Sep
Sep
Jacob
HIGH SALE PRICES
AND
Tuesday
Sept. 8
Sept. 9
Sept. 10
Sept. 6
$ per share
9%
22%
114
22%
114
12%
Nov
28%
Feb
14
44% Feb
36% Sep
43
Feb
46%
Jun
45
124
May 29
50
Feb
26
104
Feb
100
Nov
Apr
14
25% Feb
19
Deo
16
17 Va Aug
12% Oct
23% May 16
100% Jun
19
29%
29 Va
10
10'A
9%
4
24% Mar 31
17
42'% May 19
60% July 28
26% Feb
22%
22%
114%
114%
♦113%
8%
8%
8%
114
8%
*113%
8%
8%
28%
28%
30%
28'A
28%
28
100
*99'A
100
103%
*102%
%
»99
15%
96
15%
97%
*99%
100
*95%
16
44
44%
29%
15%
44
45%
45%
29%
15%
15%
44 Va
15%
29%
15%
30
8%
8%
11%
11%
11%
11%
11%
11%
*104%
106 %
*104%
106 %
23%
23 Va
23%
23
23 %
33%
34%
33%
33%
21
21%
77%
77%
21
16%
12%
30 %
7%
4%
30%
30 Va
•12%
11%
*8%
8%
1,000
Selberllng
11%
11%
3,200
Servel
*104
105 Va
10
24
24%
2,700
Shamrock
Steel
A
23%
23%
34%
2,100
21%
21%
1,600
78
78
77%
79
77%
16%
*17Va
17%
13
*12 %
13
30
29 %
7%
7%
4%
4%
7'A
4%
35
35
44
44
15%
15%
80%
80%
•80 Va
81
16
82
15%
17%
17%
18
18
18
53%
15%
82
18
54%
54
17%
♦12%
29%
7%
4%
35 %
♦43
15%
13
30%
7%
4 Va
35%
45
16%
81
83
18
18
54
54
52%
53
33%
33%
33%
33%
33%
34%
33%
33 Va
102%
102%
*101%
101 Va
102%
101%
*101%
*24%
15%
4Va
25
Va
16
4
25
25
15%
16
12%
29%
100
4%
82
1,100
*18%
18%
900
*53%
55
600
900
34
*33%
230
*102
102%
♦25
2 oVa
300
...
"
16%
31,600
4%
4%
6,400
6'A
1,800
Va
6%
*51%
53%
•*51%
53%
♦51%
53%
19'A
19 Va
19 Va
3,700
19%
19 Va
44%
45
*42
43%
4,200
♦174
177%
60
31
31%
1,600
20
18%
45%
44%
44"%
44%
r?6
*176
45
177
*176
177%
31%
31 Va
31 Va
31%
31%
31%
31%
31 %
23 %
♦22%
23
23%
22%
23%
22%
23 %
23
'42%
41%
43.
413/A
43
43 %
42%
42%
43%
see
'page
200
16,400
16%
82
Simmons
16%
19%
27.
2,600
44
15%
Silver King
6%
20%
footnotes
1,600
35%
35%
*43
Sheraton
i'v'4
44%
For
2,400
7%
4%
7%
23
1,600
42%
9,700
1
15
—1
5
Pen Co
Oil
Corp of America
Shell
16%
20
No par
No par
A
(Prank O)
9.800
o%
6%
ser
Sheaffer (W A)
29%
4%
53%
17§
•12%
15%
6 Va
179
Shattuck
6 Va
*51%
pref
400
4%
6%
Qas
Dohme
conv
17%
6
53%
-
Corp
79
4
6Va
83.50
A
Oil
17%
4Va
*51%
*176
X25
25
common
300
•77
17%
0
1
1
No-par
1
No par
No par
preferred
Sharps
43%
16%
Inc
84.50
34%
No par
& Co
Rubber Co
8%
11 Va
21%
7%
25
Beeger Refrigerator Co
34%
35
4 Va
11%
2,300
21%
43%
15%
200
18,000
11%
34%
34%
25
6%
36%
11%
106
No par
5
Seagrave Corp
Bears Roebuck
♦5%
*8%
♦104%
100
of Del
36%
6%
37
No par
series A
Oil Co
Seaboard
34 Va
50
•101%
preferred
21%
29%
*53
5%
X34
29 Va
4%
700
5
100
pfd—..
cum
Union
Coalition Mines
No par
No par
No par
Co
Simonds Saw A Bteel
Oil
Sinclair
Corp
Skelly Oil Co
Blow-Sheffield
Smith
(A O)
20 % May
Xll0% Jun
(A)
3%%
Smith A
23% May
41% Mar
Corp
A
Iron
A Sons
cum
Corona
96% Jan
;
5%
30 V«
11%
8Va
10 Va
107
20 Va
24%
18
75
16
Sep
11%
Deo
64
May
12% Deo
30%
Deo
63
22
Nov
26% July 17
110% Sep
9% Nov
114% Mar
Deo
-
Jun 26
8
May 17
May 19
Sep
9
Sep
9
May 19
Mar 12
Apr 15
May 19
May 19
Jun' 3
May 16
Mar
24% May
116
Mar
18
Jan
63
Nov
100
42
Oct
61
Aug
July
100
11% Feb
11% May 19
39% May 17
23
45
2
Aug
98% July 24
14% May 19
90
2
8
11% July 17
Deo
110% Jun
Deo
102% Nov
27% Jan
55% Jan
49 V. Jan
103% Sep
102 % July
95%
08% Mar
20
3
24% Feb
13
17% Sep
Feb
15
42
Sep
77%
33% July 24
23
Oct
29% Apr
17% Feb
18 V. Jan
55
6% Nov
6
40% July 14
16% Feb
8
16% Feb 11
10% Feb
Jan
27% July
36
Feb
33% Jan
Feb
21% Feb
82
49%
Apr
13% May
22% July
12% Oct
Deo
84% Jan
113% May
17% Oct
22% Apr
40% Feb
10% Nov
;
105
7
1
18
6
19
18
23% Oct
23
Jan
77
Jan
29% May
21% May
17% Sep
14
19
22
19
15
20
Feb 10
July 17
17
8
41
Jan
7
61
Feb 21
16% July 28
86
July 28
20% Feb 13
60% July 11
Jun 20
Feb
13% Nov
35% Nov
16% Feb
110
22
24% May 19
34
12
6% May 19
4
Apr
27% May
Apr
14
May
65
Mar
20
15
May
10
38
May 20
15
Steel
96% May
17
16
19
17
19
17
14
1
3
$ per share
12 V. Jan
33
39
Carpet Co—20
preferred
100
Typewriter.No par
Bocony Vacuum Oil Co Inc
18
Boutb Am Gold A Platinum
1
South Carolina E & Q CO——7.50
6% preferred
—80
Southeastern Greyhound Lines
B
South Porto Rico Sugar
No par
8% preferred
100
Southern California Edison—.—25
Southern Natural Oas Co
7.50
Southern Pacific Co
-No par
Sffilth
7% May
No par
pfd.100
Seaboard Air Line vtc
Sharon
35
15%
30%
,
3.35%
cum
(The)
Scranton Elec Co
*21
23
4%
45%
11%
8%
34 Va
45%
11%
11%
8%
♦44
47
3,400
400
11%
11%
8%
7%
260
16%
*5%
11%
29 Va
96%
16%
36%
21
1,000
'
9VaJun
Highest
$ per share
65% Jan
9
19
May 19
93% Jun
No par
Bcovlll Mfg Co. 3.65%
*95%
*45 Va
Corp
Co
pfd
Paper
83.40 cum
20
110
100
16%
6Va
37%
12%
100
Scott
100
47
103%
*99 %
97 Va
37 %
*75%
*102%
Corp
Distillers
Arms
Schenley
*95%
*5%
8%
17
24,700
15%
36%
11%
17
30%
15%
6 Va
36%
107
29%
5
100
5
1.75
preferred
Savage
15%
37'A
36 Va
107
103%
30%
30
30
8%
3,600
5%
15%
*5%
6
70
5 Va May
18
series A——100
4.40%
Safeway Stores
7,300
16%
15%
97%
•15%
♦95%
15%
*102%
22%
113%
8%
Regis Paper Co
1st pfd
90
95
22%
*46%
47
*46%
47
*46
46%
102%
St.
May
34% Jan
Year 1916
$ per share
share
Jun
40
—10
No par
100
5
vtc
5%
Pfd series A
8,500
113%
22%
114
$ per
Par
19,400
66
Range for Previous
St Joseph Lead
.
Feb
Jun
Lowest
Highest
Lowest
EXCHANGE
St L-San F By Co com
Apr
13%
Range Since January 1
STOCK
8,900
Jun
20% May
44
30%
Sep
21% Oct
21
38
Oct
40%
19% Sep
50% July
108% Feb
Oct
6%
10% Mar 31
18% May 19
2,000
10
*94
95
*94
95
46%
6
29%
10
9%
Oct
25
Feb
31
9
5% Sep
Mines
No par
8%
29%
8%
Jan
16% Feb
36% Apr
..
44
43%
8%
22%
102%
15%
44%
8%
Jan
Jan
May 19
13% Jan
Shares
share
44%
95
47
X96
$ per share
$ per
30
29
94
103%
100
the Week
22%
28%
28 Va
*46%
♦102
CLOSED
9%
9%
22
8%
8%
8%
Sept. 12
45%
May 27
9
1
NEW YORK
Sales for
8%
8%
28%
94
94
94
EXCHANGE
8%
Friday
44 %
44
44%
27%
8%
28%
9%
8Va
28 'A
share
$ per
share
44
44
44
STOCK
$ per
$ per share
Thursday
Sept. 11
Saturday
Monday
Wednesday
18% May
136
90
STOCKS
LOW
Apr
105%
No par
Copper
Apr
34% July
7% Nov
4% Aug 25
4% May 19
May
Aug 11
17
102
24% Jan 13
Feb
27% May
74
No par
Corp
Company
Ruppert,
Sep
Oct
63%
36%
187/a Feb
108% Mar
May 17
20% May 21
1
Antelope
40
1
July 14
39
85
100
Co
Royal Typewriter
Ruberoid Co (The)
1,600
21
*20%
.
class B
16% Sep
Apr
33% Feb
48 Va July 25
9 Va May 17
11
14
22% July 25
3
34% May 22
99
May
32% Nov
38% Feb
9
Mar
.
1
10
series
3.60%
Mfg
Richfield
1,000
20
20
*20%
6
*5%
6
*5%
33
Feb
49%
Sep
2.50
Common
320
49%
*49%
49%
20 Va
Dec
17 y«
10
Reynolds Spring
Reynolds (R J) Tob
11
39%
5%%
Deo
32
No par
100
.
100%
10
14
41
No par
100
No par
100
—
Metals Co
conv preferred
Reynolds
10
*10%
40%
Rexall Drug Inc
900
105% Mar 12
May 28
Apr
112% Feb
Feb
1
50o
10
Republic Steel Corp
6% conv prior pfd ser A
Revere Copper & Brass
5% % preferred
17,600
101
OO
20%
103
20%
27 Va
5%
,
H
*49%
103
103
15%
20%
500
26%
7 Va
40%
19%
11%
20%
40 Va
X54
11%
7
*10%
19%
3,100
11%
Inc
Motors,
Republic Aviation Corp
Republic Pictures
$1 conv preferred
30,500
4%
*20
10%
*49 Va
7%
4%
19%
105
XI02%
7Va
5
103%
20 %
19%
103 Va
19%
100
Reo
7%
7'/a
7
7Va
7
101
101
102
101
1,200
4%
11%
11%
19 Va
19%
19
19%
19
113
29%
28%
16% May 17
mo
common__50c
25
1
new
Oct
41
series
preferred
$4.50
100%
29%
7%
_
3%%
pfd
Remington-Rand
5,600
15%
Stores
Conv
Jan
96% Mar
15%
27% Feb
Reliance Manufacturing Co.JVo par
20
*99%
30
30
29%
29
Reliable
600
73
14%
H O O erf-
*99%
101%
*99%
*99%
X28%
100
11%
IS
Nov
■
76% Deo
17% May 19
No par
Corp
24%
*71
•
?
2
80% Feb
28% May 19
100
& Co 1st pfd
(Robt)
10% Feb
15% Jan
Apr
102
11%
11%
73%
12
Rels
60
pfd
24%
25
*24%
25
*24%
25%
115
115
115
113
2,500
115
*113
115
25 %
.
20
14%
14
14%
14
14
13%
11%
101
300
13%
100
*97
100
100
38
*12%
13%
*24%
♦99%
2,100
44%
*36%
37%
*97
100
*97
13%
113
114%
*111
*12%
1,200
20
*43
44%
12%
37%
19%
19 Vf
26 Va
37%
37%
19%
*43
3,000
26 Va
•
13 Va
13%
13%
Raybestos Manhattan
No par
Rayonler Ino
1
82 preferred
25
Reading Company
50
4% non-cum 1st preferred
50
4% non-cum 2nd preferred
50
Real Silk Hosiery
5
Preferred
100
Reeves Bros Inc__
50o
*36
12 Va
100
99
100
♦98
Ralston Purina Co 3%%
100
26
37%
*36
38
170
30%
37%
43
*36
104%
30%
25%
19%
43
38
♦36
104%
31
1
100
Radlo-Keith-Orpheum
"
43
19%
15,600
*30%
31%
31%
37%
11%
105
*104
104%
*30%
*41
76
11%
11%
15
10% May 21
70
No par
76
11%
X75%
11%
104
105
♦104
104
104
of Amer.
83.50 conv 1st preferred
400
7% May 19
Jto par
Radio Corp
24,500
76
76%
10%
11
8%
7%
8Va
*75%
76%
*75
76
76
8
8 Va
8
29% May 19
2
1
13% Mar 14
3 % May 20
6
Aug
4
61
July 15
14% May 28
37% May 19
154
May 19
30% Apr 25
22
July 29
34% Apr 19
98
Apr
24% July
9% Feb
6% Feb
39
Jan 23
102% Jun 30
35% Jan
6
July 11
5% Feb
8
17
9
9
22% Jan
7
56
Jan 18
8% Jan
64% Apr
181
Aug 15
34% Jan
28 Va Feb
47% Feb
7
4
8
27% Feb
42% Jun
Deo
17% July
8
6% Oct
14%
Feb
33
Nov
•6% Jun
38%
Jan
•1
16
Oct
80% Jan
54
Jan
14
Sep
••% Jun
27% Feb
42
Oct
38% Nov
»1
May
Jan
60% May
July
Deo
100
29% Sep
42
13% Oct
10%
99
4%
Sep
7%
Deo
62% Deo
20% Deo
48%
Sep
30
Deo
Sep
22%
Jan
38 %
Oct
167
May
Jun
•%May
•
Nov
29
Nov
22% Deo
20% Feb
193
May
38% July
33% May
70
Jun
2G
NEW
LOW
SALE
HIGH
AND
Saturday
Monday
Sept. 8
Sept. 0
share
36%
61
61
*60
83
*80
83
36%
Friday
Sept. 13
the Week
$ per share
Range Since January I
EXCHANGE
Lowest
L
Par
Shares
t per share
..
Range for Previous
STOCK
NEW YORK
Sales for
Sept. 11
63
♦80
share
35%
STOCKS
Thursday
$ per share
$ per
35%
$ per
$ per share
Monday, September 15, 1947
RECORD
STOCK
YORK
PRICES
Wednesday
Sept. 10
Tuesday
Sept. 6
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(1066)
■
$ per share
'
Year 1046
Highest
Lowest
$-per share
Highest
$ per share
$ per share
*
"
'
;
62
62
♦80
83
♦17
17 Va
5
4%
1
'
8
j
.
17%
8 Va
Va
5
8%
8%
*8%,
62%
62%
82
17%
37%
62
62
500
5%
*78
82
—^
Mobile
Va
800
5 Va
2,600
18
17%
5%
*8%
6,200
5
♦8%
9%
*81 Va
24%
24%
24%
24%..
25
25%
25%
25%
26%
19%
'
j,
20 V8:
19Vb
20%
20%
21%
21
21%
21
22
84
11 Va
p
•
EXCHANGE
29%
CLOSED
101
24%
•
'
.
94
104
-
11%
11%
12.
75
74%.
74%
16%
29 Va
101
.
90
105 Va
104%
112
25%
*26
91%
91%
Va
;
16% May 19
8
May 19
71'/a May 20
29 Va
4,800
101%
26%
25%
25%
93%
93%
*105
107
<
105
100
15,100
-
Co
5
(ER) & Sons common..—1
preferred
58%
58%
58%
58%
59%
58%
39%
38%
39 Va
.39%.
39%
39%
75 Va.
73
74%
73 Vb
74.
May 19
7% Feb
May 19
$7
prior
Standard
Oil
Standard
Oil
14% Jan
29 V*
.
Standard
Oil
of
%
29%.
29
104 Va
*104
12%
12%
13
13
44
44
44
'1
43
■'
'
.
43
43
43'
13
,
32
32%
30%
30%
30%
104%
*104%
104%
44
13
44
*43-
44
44
44
44
13%
37%
Standard
Oil
of
32
13%
32%
32%
44
400
13%
.
*
103-Va
700
13 %
38
102 %
3,600
2,900
33 Va
Stevens
15
15%
14%
15
14%
15 Vb
15
15
15
15
21%
20%
21 Va
20%
20%
21
21%
21
21%
12,700
20%
20%
20%
20%
20
20%
20%
.20%
207/b
20%
1,400
5 %
13%
*
13%
13%
13%
13 %
13%
13%
13%
13%
13%
3,200
Stone
20%
20%
20%
14,200
11 Va
11%
11%
11%
11%
11%
2,900
105%. 105%
♦105%
106%
♦105%
106%
30
19%
.
1
20%
10%
.
'
*105
19%
55%
►
122
11 Va
56
37
37
9%
18%
108%
;
108%
108
15%
15%
♦39%
40
*17%
*17%
18%
2,80d
56
120%
11%
11%
11%
11%
11%
11%
37%
37%
37
Feb
55
Oct
116
37ya Jan
6
34%
Nov
55
98
V4
Dec
99%
3
81
102
-
Feb
49% May
63
'80
61%
Nov
78% May
Studebaker
A
Oil Co
Sun
A
Oil
Sutherland
Sweets
of
Co
33%
33%
33 %
33%
33%
33%
4,500
Swift
&
22%
22%
22%
22%
22 Va
22%
22%
3,000
Swift
International
22%
21%
21%
21%
22
21%
21%
3,600'
SylVania
101%
101%
6%
6%
10
59%
15'A
25%
59%
59
60
15%
107/b
1,800
Texas
2,300-
Texas
Pacific
Coal
26 y4
26%
26%
27
27%
27%
28%
12,000
Texas
Pacific
Land
48%
♦46%
48 ya
46
46
300
Texas
&
14
3,000
14
lS'/a
10%
7
•10%
42%
100
♦4-
25%
25%
20
.16%
45
108%
15%
16
42%
Sep, '
56% Aug
6
10%
Oct
17%
Oct
24
Apr
35% May
7%
7ya
41%
101
101
4%
7
19%
Nov
38
Jan
-
Apr
1
13 %
Sep
•'
28
106%
6%
♦106
23 '
35VH
-
!!
101%
35
9%
101 1
26
'
♦25
26%
20 y8
6,400
106%
107
►106%
13%
Co
$3.50
Tide
107'/a
600
$3.75
16%
16%
-3,400
Timken
Detroit
46%
46%
1,000
Timken
Roller
11%
11%
11%
1,400
JTransamerica
15%
2,800
ey4
6%
106
••
6%
37
f
101
9%
39
39 y4
13%
106
120
23%
23%
23%
27
26'
26 y4
15,100
36
36
36
t
«
300
104
9%
13%
101%
9%
39
'
'A,
10,
101%.
10%
39%
39%
13%
1,900
20th
Cen
$1.50
$4.50
Twin.
770
5%>
800
Twin
13%
.
Coach
Sep
10
Sep
15
48
Oct
70
Feb
14% Feb
5
Oct
20%
Jun
18% Nov
21% May
16
Dec
16% Feb
11
14 y*
Oct
30
38 y*
Oct
69%
Jun
Oct
112%
Jun
Oct
13%
22% July 25
,
106
Mar 10
7% Feb
May 19
39% Feu
May 19
,
Jan
Oct
68
Jan
Nov
24%
Apr
99%
Nov
4
tl0Ve
Oct,
28%
Jun
13
38 V*
Oct
66%
Jan
24
21% Feb '
15% Jan
3
13% May 17
22% Jan
13%
112
Feb
Oct
21% May
6
18%
Dec
71
May 13
19%. Feb
3
14
Deo
33%
5% May 19
7% Feb
7
Oct
12%
112%. Feb
20
105
2
.10
101
Jun
2
15 Va May 19
'
*
'
101
par
,
24% Sep
Feb
Jan
Mar
.
22% May
63% May
*
6
37%
Oct
6
48%
NOV
Jun. 27
102%
Deo
11%
Oct
24
Apr
43%
Dec
71%
Apr
96%
Jan
9
104
10
Feb
11
51% Feb
36% Aug 28
9% May 19
1
Sep
114
Jan
48
18
1
,..50
Sep
Jan
*
7 V2. May 13
Sep
■
5%
38% Jan
25
Sep
8
34% Aug 21
par
Co
32
,17%
July 25
108% Feb
t
5%
1
22
2
102
3
51 Va Feb
No par
pta
Feb
59% Jan
4
15% May 19
No par
____i
17%
12
40% May 13
10Va May 17
No par
Corp—No
0%
May
May 19
102 V4 Jan
'
-
no par *'
Film
prior
.15
13
60 % Feb
18
1
Gity Rapid Transit____No
conv
13
13% Feb
No par14
Corp
Fox
preferred
prior pfd
17% Feb
18
Sep
81% July
30% May
2
;
&
Truax-Traer
-4,206
39%
13%
♦13%
V
Sep
5,
Corp______
Williams ,St'l
Tri-Continental Corp
$6
preferred
1,000
*101'/a
39%
13
23%
106
36
-
9%
13
106
6,600
-
26,y4
•
27%
101
6%
100
.
Transue
65
Sep
20
-
10
Transcont'l & West Air Inc
15%
Jim
Sep
May 21
3% May 17
Bearing
11%
Jun
32%
26% May
13 V*
98
no par
15%
60%
Oct
35
,___^100
6%
v
,
18
Sep
Oct
14%
47
10 Va Aug
No par
46%
21
18
16% Jan
>
Axle____i_^*4i_ 5
'—No par
9% Mar
v
13
38
_J.
preferred
68 y* Aug
18
July
May 19
9% May 19
—25
—No par
Jun
Feb
21% Feb
com——No par
Oil
Jan
25%
59% Feb
.
49% May 17
6% Aug 21
1
13
Sep
52
July 24
58% Feb
18% May
Dec
8
Sep-
12
•
Corp_No par
(The).,-
Jan 13
Jan
6%
16
v
13
52 V2 Jun
50
15%
ie%
41
5
—1
Associated
16%'
15.%
i
preferred
cum
Water
46 ya
15 y8
16
It)
(J
16%
39
4
Steel
46%
*15%.
13% Jan
Thompson-Starrett Cb___
300
20
22%, '22%
25.
9%
180
1,900
20%
10S
*36%k
101
8%
39'%
106
25%
Thompson Products
4%
preferred
26
15%
' -15%
6%,
22%
25%
35
25 ya
Thomas
Thompson
4%
_____;__1
Feb
109% Aug
16% Jan
14%
36% Aug 18
8
28% July
preferred
1,000
101
58
13
common
Transit
11%
Feb
Jan
41
NOV
:
17% July 28
13
46% May 27
21% Jan
41%
36%
*
Nov
7%
.
68% July 28
100
Avenue
17
14
55% Mar 14
-.No par
1,100
20%
11%
15
107
22%
Third
Feb
101-
7
9
Ry -Co
conv
10% Feb
Dec
Apr
Aug
21
Nov
15
No par
Co
dlv
16%. >
11%
6%
Thermoid
Nov
19 y*
May
23
55%
Sep
25%
13
20 Vb Aug
Mfg Co
pfd _•
conv
The Fair
31
2
28% Feb
,,10
Trust
160
5
104% Mar 11
.
May 18
10 Va Jan
.
Oct :
:
Mar
7% Jan
.
No par
Oil
Glass
$2.4Q
\
11
41%
3%
'
6%
400
&
102
24V* Feb
37/8 May 16
.
1
SulphurL,'
Pacific
Thatcher
$2V2
20%
*10%
Gulf
July: 25
13% May 20
Gulf Producing
45%
♦15,
"
2,100
11
4%
106%
16%
11%
14%
♦15
14%
10%
20%
42%
♦100 y4
Texas
50%
20%
♦45
♦11%
-
100
26
106%
16%
45
10%
*50
7%
42
4%
6,200
40
21
♦10%
101
*25
20%
.
♦106%
15%
7
10%
♦41%
16%
54%
14%
50%
♦20%
,
♦54
10%
10%
7
10%
4%
t
15%
♦50
21%
41'A
100%
11%
13 Va
♦67/a
♦20%
20
16 Va
*14%
10%
21%
13%
54%
50%
4
45%
39 %
10%
*49 %
14
f-t 54%
15%
51
48%
13%
1
15%
;
♦40%
14
♦14%
15%
15%
55
41 %
20%
9%
14'
♦10%
107
♦100%
:
15%
54%
,
55%
'
35
2
25
L,__
53%
♦100
4%
"25.
25
(The)
33%
♦14%
42%
-
Texas Co
53%
13%
15%
'23
11,700
33%
♦55
100
106%
60 y4
10
5
Jun
May
17
5
54%
♦6%
6%
59%
" "
,
5% May 19
„9
14
23% Feb
27V* Jan
97Va Jun.: 25
(James)
May
78%
124% Aug
37% Jan
2
1—1
Sep
Apr*
Oct
7%
.
Apr
38% July
24% May
110
1®
9
21% Sep'
61%
117
July 10
Feb
33%
Oct
Sep
47
,
20% May 19
Telautograph- Corp
Corp
34
20%
15
60
Inc
30% Jun
,
23
"'
Nov
128
2'
No par
Tennessee
53%
21
11
59%
Talcott
33%
20%
♦15
1,300
53 y4
10
45
100
17%
33%
♦50
♦16%
5%
17%
33%
7
20
•4%
17%
53%
10%
,
300
5%
17%
15%
50%
xl06%
14% Jan
—No par
15%
10%
4%
18 Vb
12 V*
36% May
39% May
13% Mar
May 19
Ltd,.*—___—
preferred*.4
$4
53
*6%
25
10%
*10
♦4%
.
26% Aug
63
May
109% Aug
103%
45% Jan
-
May 19
Symington Gould Corp,^,,.
33%
*49%
41%
10%
1,900
♦47'A
15%
100
13
,25
25%
14%
♦10'/a
6%
Oct
Oct
3
12% July 28
101 V» Jan.: 13
.
Feb
75% Mar 24
17% May 20
4.16%
Prod's. Inc
Elec
52%
56
♦14 M,
17
350
101
6%
16 V8
41 Va* Jan
102V*
11
:123
11
36
Co
32%
.
48
13
: 56
♦10
5
16Va
59%
26%
48
10
*4%
16%
♦100
6%
*
5'
16%
54
34
10
101
6%
6%
*4%
,
15%
53%'
10
.10
,
4%
17%
101
101
2
15% Feb
10
50
Amer (The).
33%
6%
Jun
25% Feb
May 26
Jan
.-J-IO
Co—
21%
101
53%
Sep
109 Va Apr 17
July 28
8% May 19
,
25
Corp^L
Paper
May 19
32% May 27
_10o
Superior
22%
33 %
,12*50
I
3
7% Jun
No par
800
32%
6%
Jun
2
*
101
Feb
56
37
2
1 33% Sep '
9
Jan
37%. Nov
5
10 Va May 19
51
■
400
Steel
16
105
118
Superior Oil of Califs—
22%
X59%
Jan
Jan
104% Mar
10%'May 19
1
22%
4%
18
49
Mar 14
31% Sep
100
cum)
Corp
32%
16%
May 20
No par
(4%%
22
10
12
x35% May 13
1
—l
pfd
22%
6%
3
May 17
'102
preferred___No par
400
18%-
44% Sep
37
___1
Corp
series
$4.50
(The)
Corp
Chemical
Sun
*108%
*17%
7
25
Oct
108%
18%
Feb
July
108%
Oct
11
14%
Inc
*17%
49
3
30
100%. Dec
11
,
59% Aug
20% Mar
Jan 29
17y8 Feb
41% Jun
No par
Co—
18%
31% Aug 19
105
3
Mining
♦17%
6
17'
Biscuits
18%
3
10% May 19
\
100
,_
Sunshine
'
23% Jan
101 Va Jan
100
July 24
Jan
32%
100%
10
Mar 17
Oct
Webster
Apr
Apr
Feb
25
Superheater Go (The)
16%
149%
Dec
60% May
Deo
Sunshine
40
Oct
13 Vb
2,800
*39
78
Feb
July 24
21
4,100
*15%
19
63
20%
9%
15%
135%
7
19%
40
Oct
4
9%
15 %
Oct
70
3
19%
*39
20%
125
May 17
2
18
21% Jan
&
Mar
May
36% Jan
19% Jun
19%
x
Aug 14
-
114% Feb
May 17
89
.,20
10 %
16%
Apr
May
Sep
2
37
preferred
37 %
39%
24%
15 %
33%
107 Va
5
45% Jan
19% Feb
9%
39%
Apr
24% Jan
19%
*15%
.
Apr
109 V*
14% May 19
108
15%
39%
Sep
13% May 17
37%
109
Nov
11
Co Inc,,,:,,___15
9%
♦108
14%
84%
42 Va
—
19%
113
7
4
: 44% July 21
Corp
Camp Inc
prior
Jan
17 % Feb
1
Sunray
1,200
40%
'90% Feb
»4
5
Class
37
Deo
50% Mar 11
A
series
19
9%
July
18%
25
Stewart-Warner
20
*
May
104
37'A, May 19
Jersey
Ohio,.—,
&
27
Sep
18% Feb
'
Steel
(J P)
Nov
Stokley-Van
37,108
120%
10S
41%
55%
•
121%
9%
41
56
*120%
19¬
15
56
5.6%
20
207/s
121%
37%
9%
18%
20%
*120%
11%
18%
1
♦56
122
11
9%
:
105%
56
*120%
<•11%
♦36 V*
U
105%
.
56,
♦120%
20
11
11%
106%
,
•
2,700
11 y*
92
112ya Feb
—
20%
r
Jan
—25
New
preferred
Apr
13%
Oct
No par
Spring
1
4%
conv
preferred
50
Starrett Co (The) L S
No par
Bterchi Bros Stores Inc—I——1
Sterling; Drug Inc common,
__5
3%%
Feb
30%
13% May 19
,
rNo par
Indiana
preferred
Standard
200
103 Va
33 Vb
32%
32%
300
37%
13%
38
103 Va
44
44
13%
*
3%%
100
3,800
127/a
37%
38
9,100
13
*43
13
12%
103%
*103
103:%
31%
.
30
13%
♦43
74%
♦104
104%
12%
38
.*103
30
737/a
74%
104%
-
'
13>
103%
103%
29%
104%
37%
13%
38%
38
,
29%.
44
*104
73%
5%
13
23% Feb
.
74 »/a
16% Not
7
93% Jan
17Va May 10
,—No par
Calif
of
of
Jun
96
32
May 12
109% Jan. 16
26% Jun
preferred:
preierred,—
Jun
80%
Qet
31'% July 14
97% Jun, 20
prior
65
8
'
28,400
39%
4
'
Brands, Inc._Novar
preferred
—No par
Standard G & E Co $4 pref__JVo par
$6
Sep
64% Oct
73
'
cum
17,600
59
38%
' 20% Feb
#3.50
60O
33
8
'
No par
9,900
58 y*
39%
Feb
Aug 26
May 17
Standard
500
105
58%
No par
D
Squibb
$4
preferred
$4.50
Conv
:
,1
2
.
Spiegel Inc
Square
28%
*99
(The/
Bperry Corp
120
58 Va
•
8
500
39'/a
.
23%'Sep
15
4%
6
76
,2
77
81
27
s
1,600
94
25%
Jun
Spencer Kellogg & Sons, new——__1
32
16%
50% Jan
57% May 19
74% Jun 13
100
1
150
*92
109
♦106
.
29%
,7,700-
Ohio stk tr ctfs.
&
May 19
28
Spalding (A G) & Bros Inc
1
Sparks Withington
-No par
Spear A Co
•
1
$5.50
preferred
-No par
112
32
101%
17,100
117/B
*111%
29%
1,800
75
x!6
31%
112
*98 Va
101
2b %
104%
11%
♦74%
17
*30
112
29%.
29%
101
/
17
12
111 Va
90
,24%
,
16%
16%
32
*
29 Va
*100
.
25%
♦90
11%
74%'
*16%
30 Vb
♦100
11%
75
32
*20%
*111% 112
32%
112
86
*81 Va
11V*
.
16%
32
112
86
74%
11%
16%
.
84
*81 Va
..
76
♦75
STOCK
400
9%
86
23%
*81
i
No par
100
Railway
non-cum
preferred
Southern
37
18
*5
8%
♦81%
38
*78
5%
5
:
37%
17%
17%
17%
4%
.
37%
37%
15% Mar
5
•
78
May
106%
11% NOV
Jan
U
LOW
Saturday
Monday
dept. 6
I per share
::
SepL
1 per share
AND
HIGH
Tuesday
Sept. f»
t
\
per
12%
13
5oya
48 y4,
10%
10%
33
114%
>
108
101
CLOSED
22
21%
♦109
-33
♦28%
4%
2%
106
106
1U6
.
35
21%
21%
113
•
,19
32
♦31
29
2%
46%
1
<a%
;
89'/a
46%
.
*7%
*86
15%
37
5
62%
3
46%
<8
89%
15%
♦
52% .'53%
15%
37
37
53%
55%
5'
2%
45%
*7%
*86
15%
*36%
55%
20%
.
20%
20%
20%
14%
15%
14%
15%
14%
107 y4
►107 y8
107%
•1071A
15%
15%
-15%
15%
19%
19%
19
17%
108
105
17%
100
*17
100
188%
189'
16%
*72
footnotes
98%
*189
16%
16 y8
78
page
*72
19%
19%.,,
105
106
18
*17
101
98
190
16 %
78
119
20:
103%
18%
t.
21%
18%
Union Bag St Paper
.No par
Union Carbide Si Caxb——No
40
*28'A
29
5i/a
5
62%
31
30i%
Union
500
*62
5ya
x45%
46%,
I 8'A
3"
"
46 'A
45%
7%
86 Va
15%
151/s
56%,
188
15%
*72
30
United Aircraft Corp
59*
conv preferred
United
Air
4% %
United
Lines
cum
3
33,500
,
2,400
100
87
Biscuit
Co,,,,
$3 preference
Uhited Dyewood
20
Engineering
*20%
20%
900
131/4
13%
7,900
♦100%
107 y2
20
.
11,000
United
Fruit
United
Coal
Cos
&
Fdy
preferred
lS'/a
15%
5,300
1.91/2
United Paperboard '
19
19
4,000
USA Foreign Secur,
18
105
"♦17
.18
x98i/4
98%
189
♦186y4
100
189
14%
16%
*72
78
151/4
78
104%
♦17
*187%
14%
*72
100
100
2,800
189
1,300
$4.50
U 8
U
520
15
13
•|.
0,;'k'4
100%
78
,
1
104%
18
100%
illt'AlV
8
1%
U
8
preferred
:
Mach
preferred
Sep
Mar 31
104-
111
Jun
106
Feb
98
Den
Jun
6
24% July 28
147
July 28
20% Nov
Apr
39
May
123
Apr
115%
111
107%
28
Jan
Oct
Jun
May
Oct
168%
Feb
20
102%
Oct
120y4 Mar
38% Feb
10
/ 32
Sep
22
%:Sep
11
110
.
Sep
Apr
5
120% Apr
1
Ill
,•
.
28 V*
J
9
10
2
116
16%
101
Nov
Deo
Feb
42 y«
Jan
37%
Jab
11®
Jan
19% Nov
54% Jan
23%
Oct
40
6%
Oct
17%
Deo
89
22% July 25
32% July 25
26% Jan 15
32
4% May 16
55% Jun
Feb
8 V* Feb
10
83
8
8
10
4%, Jan
2% May 19
Jan
31
.78
3%
Oct
7%
May
Apr
Sep
Jan
Jan
2
Feb
13
12%
NOV
21%
Feb
33
43 % Jan
2
34%
Deo
56
Jan
59% July 25
24 V* Jan
6
41%
Oct
53% Aug
30% Apr
—No par'
No par
1
No par
20.
preferred
Hoffman
4%%
88
10
10
«j
Freight Co
Gypsum Co__,
23%
Jvn.
95
.,,100
191/4
80% May
Nov
11% May 20
Improvement Co,.13%
United Merch & Mfrs Inc com
1-
19%
105
I
Gas
5%
Sep
IT
23
5
i
No par
15%
4
!
Co
15%
Va Sep
Highest
$ per share
45% Sep
8
8% May 28
78% May 22
i
—.100
Electric
United
571/4
18
49
July la
115
.106
4
28% Jim
7
25
July 28
H0%.Juiy 11
3
2
'
5
i,;
Preferred
United
1,000
•
& per share
'
IIIIIIIIIs
3,300
56%
No par
.—No par
Corp
Jan
May 21
18% Sep
101% Sep
-
United-Carr Fast Corp
No par
United Cigar-Whelan Stores.
30c !
$3.50 conv. preferred
100United Corp common
1
.15%
106
:_IlOO
-
United Carbon Co_
15%
107
jlo
500
30
68% Feb
35 y*
Apr 13
-
16% May 19
103% Jan 15
100
preferred
37%
15%
*108 %
5
;
Inc.:
13%
20%
13%
15%
108
105
37
57%
20%
20%
120
100
15%.
501/2
,»
*84
100
—No par
Co,,^
37i/a
♦37
38
;
preferred,
non-oum
Apr
3? per share
15% Jan
14
1,500
II,100
7%
86'%
89%
20
100
45%
8%
*7%
2%
23
Pacifin RR
A%
Lowest
15%. July 23
1
14
,
63
'*
99 Yer, Feb
;
sy8
*62
2
25 Va May 19
89 V4. Jan 15
•
No par
Union Tank Car____
900
18%
5
63
200
11,900
301%
2%
3
29,700
,
„
Un El Co of Mo pfd $4.50 ser No par > Xll2%: Jan 29
Preferred $3.70 series,_^__JVo
v 14
par
2,100
22%
.
43 Va May 19
9 Vb May 17
5
par
500
31
*281/4
Co
;
34%
12% July
.
no par
*.
Rubber
-Year 1946
,
Highest
$ per share
;
l
2,800
Asbestos
;
'
133%
104%
18%.
31%" "31%
32
'
(The)
Dnaerwooa Corp
6,600
20%:
104
Par
.'
■'
Preferred ,$3.50
series.
Union Oil of California
107
34%
•..
Union
230
1081/4, 1081/4
•:
19%
27.
t
'
'
*15%
-For
-
'62%
107%
♦105
22 i/a
-
19
*104
19
*105
,
4
■
Lowest
3,700
10,700
.
22%
133%
34%
22
110'
19%.
105I/4 105 %
29
4%
:
102
22
"
108
*34
112
18%
'221/2
138
*104
34 y4
22
*109
*28
62%
15%
34y»,
*31-,
,
45%
20%
22%
133%
18%
102
*
3
37
,22'
:
5
1*7%
*86
108
22%,
63
..
*104%
102%
Range fbr Previous
Range Since January 1
I,300
,
114%
108
♦101%
'
*114
♦104%
108
114%
136
18%
30
.
*62
.
'
48%
•
18%.
19%
104 % 105
20
♦31
102%
102 »/4
135%
*109
104
19
101%
X48
13
*114'
136-
20%,
■/
«19%
104
:
r
119
18%
32%
*34
-
35
20%
22 >A
32%.
101"
,
114%
101
101
33%
Udylite Corp
101/2
134%
106
34 »A.
•104%
1'
,
10%
106
135 f
106
108
101% 101%
,22%
134%
114%
114%
10%
33
'
49i/a
10%
10%
33
:
600
13'
,
YORK/STOCK
EXCHANGE
Shades
49i/4
48%
10%
32%.
the Week
$ per share
'*12^4
NEW
"
13
loiv* 102 y4
*104%
101
A
22
48
Sales for
Friday
Sept. 12
t per share
i4
33%
100%. 103
114%
•104%
EXCHANGE
*13%
114%
102% .104
/
* per share
49
10%
32%
32
STOCKS
Thursday
Sept. 11
>
Sept. M>
13
49%
xlQ%
PRICES
Wednesday
share
12%
STOCK
SALE
I
100
Corp..
53 V* Mar 27
10 V* Feb
May 17
44% Jan
20% Jun
14
9
12 Va May 17
104 Va Jun
12
Jan
17
16
15% May 19
102
July 16
14% Sep 11
77
Aug 26
Oct
Aug
17
12%
Oct
22
Aug
104%
Oct
110
Jan
19% Feb
21
9%
Sep
13
15%
Oct
>
21% Feb
100
187
18%
105%
12
107% Feb
-100
Deo
71% Mar
66% July
16% Aug
19 V* Feb
May 28
12% May 19
.1,-5
8%
Oct
110% Apr
86
May 19
10
44
Jan
28
19 Va Aug 29
11
196% Mar 29
33% Jan
6
Feb
13
94
101
Nov
15% July
32% May
13
Nor
109% July
29% Feb
83
Sep
132
187%
Deo
X205
26 *
Feb
86
47%
May
Sep
Apr
86% Aug
Volume 166
Number 4629
THE
LOW
Saturday
Monday
Sept. 6
Sept. 8
;
$
per
$
share
$ per
share
per
44
44
19
*9'/a
10
SALE
Friday
iSales for
Sept. 11
Sept. 12
the Week
$
44%
6%
$ per share
44%
6%
44
6%
■
44'%
v6%
44%
.
35.
I
19%
19 %
19%
19%
10
*9%
10
*9%
i
10
*9%
40%
40%
40
40
53
40%
•51%
53
X52
29%
29
29 %
40
52
29%
•102
102%
•102
42
42%
43
43 %
S
29,
,
s
1.00
42%
43
*147
148 %
147
45%
47
47%
47
47%
•
►75
75%
♦75
75ft
i
.
' 27,800
145% 145%
19%
70
♦145
(47
:
69%
146
19%
20
?45
47
75
68%
.
145
19%
68%
145%
19%
47
•45
70 %
145
19%
*45
300
*45
I
Corp
1,700
U S Tobacco
47
,
1%
L.
preferred
non-cum
7%
7%
,7Ve
7%
7
7
1,500
United
9%
9%
9%
9%
9%
2,500
United
Stores $4.20
7%
7%
46'/a
•44%
17%
17
17
,
17%
6%
6%
'6%
102%
101%
•179%
183
16%
15%
16
74
73
*15%
16%
15%
X15%
15%
15%
'15%
74
7%
7%
7%
7%
*44%
46 %
•44%
46%
17%
13%
13%
29%
297/a
•83%
90
•83
46
46
•101%
102%
15%
119
•85 -7
38
*72%
73%
•15%
,16%
16%
*15%
16%
300
15%
•15
13%
4,300
*29
30%
♦28%
30
*83
*83
•83%
*45%
47
45
*100%'
102
100
119
♦85
34%
34%
34%
34%
32
33
37
37%
37%
32
90
37
88
•36%
119
♦85
118% 118%
88
33
109% Jun
18
100% Nov
10% Jan
30
7
Sep
11% July
17
41
Sep
J54
7 % Sep
9
16
May 17
26
52
165
Feb
22
Feb
7
10
8
Deo
8
91
Nov
110%
Jan
7
187
May
200%
Apr
23
Nov
49%
101
Jan
Mar
18%
9
29% Feb
3
71% Sep
10
91% Feb
13
77% Dm
7
22
Feb
39
Feb
15%
Oct
25%
Apr
35
NOV
68%
Apr
2
15%
Sep
6
30
Oct
83%
Oct
113
91%
Nov
113
Feb
36%
Sep
53
May
13
100
89
IJ6*
Jun
Sep
No par
5 y8
!
69
100
partic
Jan
104% May 14
9% Mar 6
12
May 19
*118
dlv
Feb
49% Aug 18
35% May 19
100
preferred ———100
18% Feb
30
94% Aug
Deo
100
Jun
26 Va
51%
Apr
May
108% Aug
5%
Deo
12%
63%
8ep
99% July
117%
1
16 V* Sep
May 19
15% Aug 29
Apr
15
64
Sep
Apr
13
20
Works
22
17% Nov
13% May 17
Feb
cum
Deo
15% Sep
94% Feb
Chemical
-July
27% Feb
192
May 20
85'A Aug
Jan
128
11% Feb
39
preferred
20% .Apr
102% Sep
4 y8 May 20
79% May 17
prefered
100
Virginia Elec :& Power Co———*
Jan
3
5
121
Feb
5
Deo
123%
85 - Aug 25
36% May 17
97
Feb
24
80
Jan
105
Apr
45
Feb
21
40
Deo
63
July
33 SA July
2
40
Jan
17
37
32
Sep
8
38
Feb
32
July 28
33
Aug 13
20
30
Aug 21
30% Aug
57
Apr 16
4,000
100
No par
Walgreen Co
-No par
499 preferred
100
Walker (Hiram) G & W——No par
3,800
Walworth
$5
preferred
——
pfd-^-jLOO
Va Iron Coal & Coke 599
90
>100
38
*34
34%
*32%
33
Virginian Ry Co
6 99
preferred
Vlsklng Corp (The)
500
33
*32%
33 /
32%
Jan 27
20% Jan
90
' 119
•85
•*36%
4% Sep
7% Oct
8
699
11,900
34%
34%
34%
•34
119:
:
21
9
non-cum
Jan
4
12% Feb
100
Ry
Jun
9%
7 % Sep
13
102
2.50
Pac
.65%
13
Jan
v
No par
Co
&
Nov
Jan
100
Va-Carollna Chdmical
400
16%
16
16%
47
29'A Jan
8
29
Shreve
3V*%
1,700
87
21
Feb
166
5
.1
Inc
Chemical
Victor
600
6%
6%
48% Feb
1
Feb
97%
20% Nov
12'A May 19
40
•85
'88%
16%
16%
15%
119
*85
Deo
41
"
6%
6%
7
88%
•86
142
14% May 21
Vlcks
"■
Feb
Mar 27
30% May 17
5 99
45
Feb
89
% Oct
10
Vlck
900
100%
84%
Sep
65
40%
2.50
90
47
-
Oct
172
8
1
Co
Co
Feb
28
44
100
Apr
,
Feb
19
V* May
Oct
,
80
79% Feb
81
Vertientes-Camaguey Sugar Co_6%
87%
*83%
67%
90 v
102
.
•6%
67/a
*36%
Raalte
90.,
47
86%
•85
..
Norman
Van
87%
-
102
;
Van
400
13%
14...
1,200
187
Feb
*
1
Vanadium Corp at Am_
15%
32%
51% July 28
Nov
23
'
No par
preferred
4 ft*
150
32%
33
13%
13%
„
•83%
46
33
30%
90
102
16%
*15
15%
33
13%
16
88
•36%
72%
11
19% Apr 29
i
APr
39% Dec
84
106
150
Jun
Universal Pictures Co Inc
8,500;
72%
T5%
Corp_
Tob
preferred
8%
182
71%
•83
•118%
*118%
*180%
..17%
•28
15%
15%
Leaf
Feb
25% Aug
Sep
48'A Nov
May 19
44
Inc
Laboratories
Universal
17%
•31%
67/a
86
Universal
770
71%
85%
67/a
6%
86
183
Steel
-Universal-Cyclops
1,300
3,600
2
144
May 19
61% May 19
50
pfd
Jan
Sep
36% Deo
100
68
No par
2
Inc
Paper
conv
7%
177/a
13%
%
17
cum
101%
7%
101
17
29%
102
*181
4%
17%
88
45%
;
7%
102
Wall
United
3,500
157/a
..
15%
•83
Xl7
17%
7%
>102
183
•181
15%
13%
88
7%
102
101%
33
29
•83
17
17%
6%
6%
•32%
32%
32%
.
7%
73
183
$6 conv referred
*
46%
,
102
*179%
108
•
7%
46%'
100%
*105
108%
59
39
5
1
•44%
.
non-c
11% July
60% May
35
19
103% July 24
60% Feb 11
16
140
Jan
Nov
5
Feb
165
40% Jun
2g
'
1
3d pfd_5
Stockyards Corp
9
7%
May
13% Jan
Dec
38% May 17
No par
Co—
7%
*44%
44
73
Jun 23
142% Jun
100
9%
*105.
62
9
44% Feb
23 y8 May 19
50
Preferred
67/a
108%
Nov
6% Sep
Sep
13% Jan
25
May 19
100
No par
common
9%
•105
37 %
July .24
49% May 24
100
50
*
Steel
8
.35
_10
i
7%
108%
7%
13
$ per share
23% July 16
10
Apr 10
7
100
1st
non-cum
9%
•105
Highest
$ per share
8% July 24
39
22
9 V* Jan
—
.
Preferred
TJ
700
19%
-
preferred
Smelting Ref & Min
TJ S
16 y4 Jan
20
10
.
9%
108%
53% Feb
1
*7%
*105
Year 1946
Lowest
I per share
13
10
—,—_
Plywood Corp-1
cum pfd series A
8%
2,500
145
19%
47
i
147
No par
.
preferred
U S Rubber Co
100
69%
"75
68%
Jan
5% May 19
25% Jan
3
No par
cl A
3%%
7,600
147%
75%
f per share
*41
No par
Co
conv
Pipe & Foundry
Playing Card Co
U S
3,100
102%
*102
45%
20'/a
*45
S
U
147%
67%
145%
20
U
200
45
*73
Leather
1,500
<
148
69
145%
8
Chemicals
U S Lines Co
6,600
43%
75%
Industrial
Partic A
7,00
•147%
,
44%
68
'
52%
28%
102%
42%
.
U
S
4%%
40'A
*50 Va
29
-
102%
148
U
9%
41%
•*73
1,300
35
29
Range Since January I
Highest
Lowest
Par
3,600
34%
102%
CLOSED
(
34
19
43%
44%
-7%
7%
.
34
102%
148
>
18%
41%
STOCK
44%
33%
39%
Range for Previous
YORK STOCK
EXCHANGE
Shares
18%
*102%
EXCHANGE
NEW
27
•
7-
-
I
$ per share
34
•51
30 y«
i
share
per
(1067)
STOCKS
Thursday
*9%
52
29
CHRONICLE
PRICES
18%
*33%
.
40 Vz
52
FINANCIAL
Sept. 10
'
40
&
Wednesday
,,
43%
6%
34
18%
HIGH
share
43
6'/a
6%
34
AND
Tuesday
Sept. 9
COMMERCIAL
500
•31
32%
•31%
32%
•31 %
32%
*32%
32%
*32%
32
•31
32
•31
32
•31 y8
32
*32»A
33
*31%
32%
73
73
73
73
•70
74%
•71
74
*70
72%
800
15%
15%
15%
17%
2,800
Detinning
Vulcan
7%
.'
class A
Co
preferred
xum
t
25
25
5
20
Mar
45 %
Jan
52
Sep
32% Nov
17
Apr
Apr
6
W
*147/a
30%
30%
30%
•106%
107 '
*106%
31%
31%
31%
106%
30%
107
106%
106%
197/a
19%
19%
19%
19%
9%
9%
9%
9%
9%
V
9%
32
*31%
32
*
19%'
'■20%
10'/a
-
20
110
-v
9%
9%
Waldorf
1,000
106%
•105%
106%
9%
20
20 »■
17%
177/a
16:
15%
15%
>
Wabash RR 4% 99
Ward
12%
12%
12%
Xl2%
12%
12%
12%
12%
12%
98%
98%
99
X96%
96%
*95i/a
96 %
•95%
96%
280
13%
14
13%
13%
13%
14%
14%
14
14%
24,600
25
25
25%
24%
24%
200
Warren
36%
38%
3,100
Warren
99%
102%
1,030
3% 99
12%
*97%
'
36
'
—
—
36%
37
37
37
37
100%
99
99%
99
100
t
-
*23%
24
24
22
23%
23%
23%
*23%
22
*23%
X21%
21%
•21
21%
*20%
21%
21%
21%
•21%
21%
21%
21%
32
32%
*21%
21%
32%
32%
♦32
23%
*
*112
•
24
23%
2314
23%
115 "
'
43
•86%
*112
114 "
7%
7%
43%
7%
7%
86%
86%
87%
32
43
•42
42%
•
*23
32%
7%
7%
6%
42
£6%
>113
*24%
25
99
36%
36
*24
25
*24
14
X43%
88
my*
•>
24%
,
" 114
119%
*118%
119%
118%
7%
'
110%
•109
110%
•109
110%
110%
115%
*114%
116
115%
40%
115%
115%
111
LOW
40%
40%
40%
41
111
*110
118%
AND
HIGH
•111
Tuesday
Wednesday
Sept. 6
Sept. 8
Sept. 9
Sept. 10
Sept. 11
t per share
$ per share
6%
6%
■44%
6ye
>28
*
20
33%
27
STOCK
EXCHANGE
CLOSED
35%
*6%
18%
19%
28%
28%
•72%
78
24%
*75%
106
35%
:*27%
West
©referred series A
«.—--10O
Western Union Teleg elass A_No par
24%-
34%
33%
23%
26%
27%
26%
27
*
105
"
104%
•34%
35%
35%
104%
106
404%
104
106
-
104%
106%
•105%
700
33
33%
99
98%
♦65
72
35%
36
36%
36%
700
31
99
35%
33
33Va
32%
32%
1,200
98%
96%
98%
95%
96
*
72
"
102
'
I70
♦65
100%
•'
100%
•67
•100%
-72
1&2
♦67
•
*100%
-
700
41%
'
95%
95%
30%
*29%
42%
42%
95%
96-
97
97
-
29%
30%
427/8
29%
29
29
"
26'
26%
26%
12%
12%
40%
41
40%
95%
95%
96
30%
*29%
x25%
26%
25%
25%
25%
25%
25%
12%
12 Va
*12 Va
12%
12%
12%
*12%
12%
90
•85
90
91
*85
91-
*85
33%
33%
34
7%
8%
7%
13%
*96%
*i7y8
97%
13%
7%
7%
8%
8%
51%
13%
.13%
96%
97% i
*96
17%
17%
33%
51%
•51
13%
•17%
17%
142
•136
146
*136
7%
8'A
8%
51%
•85
"
33%
33%
•
7%
•
8%
52
7%
8%
•51%
"
13%
14%
*95%
96%
•17%
17%
142
*136
•
*136
*7%
-7%
8%
8%
300
$4
9,100
8%
52
13%
Wilcox
"
400
14%
'
14
*96
*17%
17%
142 -
•136
,
"
v
9,200
96%"
17%
$4.25
100
100
Wilson-Jones
Go
El Pow Co €99
Wisconsin
•-
Woodward
Iron
(P W)
2,700
common—1
A_j~No par
Co
"
142
-10
pfd—i100
W
Co
59%
59%
59%
59%
60%
X59%
597/s
60
45%
46%
46%
46%
467/a
46%
467/8
Woolworth
47
46
6,000
45%
57
57
56
56%
56%
56%
57
57%
56%
57%
1,700
♦82%
85%
Worthington P A M (Del)—-Nopar
Prior pfd 4% 99 series
100
59
*83%
86%
*82%
85%
♦82%
60
:
89
•88 %
90%
♦88%
90%
*88%
90%
♦89%
90%
•65
67%
*63%
67%
•66
68%
*64
68%"
64%
65%
63
63%
*63%
9%
9%
10%
11
►,'
65%
65%
•9%
10
'
■
11%
*85
83
85% '
*64
*
50
89%
68'/a "
1,300
64%"
63%
63%'
12
11'A
11%"
"
>
5,600
r
Prior
Co
pfd 4% 99 conv
"45%
12%
45%
16%
16%
65%
12%
34%
12%
13%
34%
12%
12%
45%
*45%
46%
46 V*
46 V*
17%
•17
17%
17%
17 v*
►17
-
'
~
•-
12%
12%
17%
-
Tale A Towne
2,000
4 6'A
•17%
1,000
34%
♦45%
34%
45%
33%
York
400
200
•
9,000
66%
64%
65%
66
67%
67%
67%
68%
17
16%
16%
16%
16%
16%
167/b '
18%
16%
800
♦16%
♦21"
21%
20%
21
20%
21
21
21%
20%
20%
2,000
£%
6%
•Bid and asksd prices:
a
no
6%
6%
salaa «n this day.
6%
6%
tin receivership,
e%
68%
6%
a Deferred
6%
dahvafV-
6%
n New
•
.
..1,800
stock,
r
aeries—100
No par
Wright Aeronautical
Wrigley <Wm) Jr <Del)
Wyandotte Worsted Co
Corp
No par
8
"
Y
34%
12%
*33%
12%
33%
34
10
»
«
34
Mfg Co
Eenfth
—
28
1
Zonite
Cash sale,
a
cum
Radio
Nd par
Corp
Products Corp—
Special rales,
Apr
31%
43% July
121% Jan
14
115
Jan
112% Jan 14
106
Sep
117% Aug
110 V* Aug 19
45
Feb 24
6
7
113% Oct
32% NOV
119% May
53% Jun
Jan 27
111% Sep
116% Apr
Feb
113
fi
45
Apr
119
Aug
122%
Feb
Year 1946
Highest
Lowest
1
$ per share
J per share
1
Highest
$ per share
35
Jan
4
75 % Jan
6
7% Feb
3
Sep
8
14
Sep
32%
Jan
5
42'A Feb
18
27
Sep
56%
Jun
Mar 29
71
Oct
20
90
!
11
26
,
101
Jan
Apr
18 ft
Oct
Oct
21 Va
Nov
39% Jan
91
Dec
95
39
May
Aug 30
"
53% Jan
41%
Jun
Deo
106% July 21
55
36
;Jan 24
! Aug
63 % Jun
1
107%
Jan
102% July 18
67
Apr
9
98
Nov
63
Aug
72
Jan
13
100
Oct
106
Jan
103
2
May 19
May 28
Feb
44% Feb
7
101% Mar 31
34
26% May 19
19 Va May 19
9% May 19
84
July 31
.17%'Feb
90
Feb
34
6% May 17
107% July
27%
Feb
44
May
81% Nov
44
Jan
1
3
11 Va Nov
Feb 13
13% Feb
0% May 17
62% May
90 ft Nov
7
(
6% July 28
,
36 ft Nov
8
Feb
29% Feb
29% May 13
•
13%
30% July 28
May 14
May
90% May
Sep
26 ft
105
62% Mar 27
99
Jan
36% Aug; 7
95% Sop 12
94
6%
25% Aug 22
4
31
•
7% Deo
67
11
81 Va
Sep
23% July
105
July
Nov
36
6%
Oct
9
Nov
12% Jan
26% Jan
30
May
Aug 12
51% Sep 10
•
56
10% May 19
15%' July 24
12 ft
Sep
21
July
28
95%
July
15 ft
Sep
Oct
101
19% Maris
99
96% Apr 29
16
Jun 27
,
7
Jan
21% Feb
;145% May 19
145% May 19
142
Mar
160
2
May 19
60% Aug 29
34
Feb
52
43
43
Jan
48% May 19
83
64
59
63
g
Jun
Jun
v
11
9
Aug 14
Sep 10
Mar 17
63
Feb
1
68% Feb 13
94% Apr
3
100
Feb 80
84% Sep
100
Apr
87% Sep
103
May
1
106
8
Deo
59 ft Oct
10
13% Dm
80
Feb
70 % Mar
.
33% Aug 28
XO'/a May 19
41
May 19
Jun
May
62% May
74
Aug
43% Sep
18% Feb
47
Sep
75 ft
'
preferred
——50
Young Spring & Wire.
No par
Youngstown Sheet it Tube—Nn par
Youngstown Steel Door——No per
4% 99
16%
10% Jan
85% Jun
f
Inc.—————■No par
preferred -—
Wilson Jb
Sep
89% Aug
102% Jan 27
—2>0
;
Co
Oil
"Willys-Overland Motors
$4,50 conv pfd series
,
97"
-N<o par
preferred
preferred
•
1,000
Sep
Jan
Sep
22% May 19
Jan
2
Co—.—-—«•—\
conv
Prior
300
f
Feb
29%
47%
9%
Apr
90
93
Sewing Macji Corp-
White
400
34%
Oct
Sep
85% Sep
29
Sep
108
Sep
48
17
May 19
27% May 19
Steel
Motor
White
'
52
52
310
,7%
,
Corp
—No par
$5 oonv prior pref
.—No par
White Dental Mfg <The S 8)
20
1,800-
fcep
31
34% Jan
117% Mar 11
share
.27 V* Sep
74 - Jun
1O0
preferred
conv
Wheeling
91
♦32%
•33
33„
5Va%
100
3,500,
42
42
'
Air Brake--—Np par
Eleotrlc Corp—*12%
3%49 cum pld aeries A
100
3£099 cum pfd series B
100
Weston Elec Instrument—1-—-18.60
Westvaco Chlorine Prod— «
Common —,——————No par
13.75 preferred
——No.par
Wheeling ,Si Lake Erie Ry100
210
106%
20
20%
12% Jan
-
Westhaghouse
WesMnghouse
2,900
13,900,
"
Feb
5% May 19
—--100
13,400,
77
8
26% Feb
41
38% May 19
4
May 16
9% May 17
1
10
C«
Western Pacific RR Co oom_No par
>24%
35% Mar
Range Since January I
« per
Par
,
27%-
83%
•105%
■
27%
34%
104%
1
.
preferred-—100
449 non-cum 2nd
Deo
22
Lowest
Maryland Ry
Western
Dec
25%
Jan
Range for Previous
Supply
Auto
Western
109% Aug
v
1,400
27%
105%
' "
■
.
39
23% Feb
32% May 19
.
,
Western Air Lines Ino_
1,000
2,700
27 y8
105%
]
July
—100
EXCHANGE
Shares
May
YORK STOCK
NEW
Jan
12
27
3
113
2,000
700'
95%
•51
Pulp Si Pap Co
Jan
18%
30
16
105
6%
*29%
33
Va
4%99 preferred
50
39% Jan
21% May 19
100
No par
pfd
West Penn Power 4%49
Feb
23% Aug
Nov
29
-.-100
100
—
107%
<
Sep
16®A Oct
22
83% May 22
110 % Jan
100
7
102 Va Sep
13
113% May 14
19%
41%
*85
749 preferred
6% preferred
the Week
33%
101%
Indies -Sugar Corp..,
Sales for
(
33%
*100%
;
150
*72%
i
37% Jan
No par
1
preferred
conv
Jun
18% July
31
May 17
6
Oct
20 Va
Oct
*11% Mar
Jan
28
30 Va May 23
8
1,200
6%"
6%
!
20 % Apr
9%
29%
18% Felb
22% Apr 28
17% May 20
5
1
19
29-
9
5
7
106 Va Mar
10
pa——No par
...'20
40.
111%
27%
39
101%
~90
20
267/a
72
•65
"
112
4 6'A"
6%
i9y8
19
v
'
X96y2 Sep
West Penn Electric class A—No par
33%
'33%
•100%
West
3*800
24
100
99
24%
$4
113%
45%
—
13
Sep
Co
105
3
19% Feb
Wesson Oil & Snowdrift—N« par
110
6%
25%
78
6%
6%k.
7
46%
13% Feb
May 21
*
Jan
2,700
24%
23%
Motor
80
7
7% May 19
11
99
87%'
$ per share
78
-24%-
7%
104 I
"104
106
6%
19
27%
•75
27%
104
6%
45 Va
27%
28
23%
34%
23%
6%
44%
.6%
.
79%
•75
6%
44%
44 r
Waukesha
800
Sept. 12
f per share
share
18%
:
600
21%
Friday
„
44%
e%
44%
6%
19%
I per
,
Mar
31
44
117%
>110%
<
111
July 17
24% Jan
May 14
500
40
Thursday
share
Washington das lit
21
STOCKS
Monday
# per
£00
PRICKS
SALE
Saturday
Apr
Apr
23% Nov
109
103% Mar 17
13% Sep
2,900
111%
112
Jun
64
5
—100
Petroleum Corp
conv pfd
cum
24
*114% 115%
*1-14% 115%
x41 %
41%
41%
112
•111
111%
93%
Deo
21
7%
*24%
,
Oct
33%
5
32%
•112
111%
15%
11
75% Feb II
No par
Fdy & Pipe
86%
.
44
86%
Feb
25
36% Feb
Xl7% May 14
1
100
common
preferred
32%
6%
;
•117%
•109
Baking Co
5 Va %
Warner Bros Pictures
43%
32%
88
17% Jan
No par
Co
Wayne Knitting Mills
Wayne Pump ©o__—
Webster Tobacco Inc
*20%
24%
24%
*112% 113%
•118%
v
21
2,000
Bop
13% Apr 21
29% Apr 30
preferred
System
Jan
3
16% Feb
11
45
33
Oct
82%
Feb
Apr
£5% Jun
81ft July
13% Nov
27%
Jan
ian
50% Mar 31
Feb
7
15%
Oct
35%
72% Feb
Id
57ft
Sep
83 Va May
53% May 17
May 17
21
lb
15
.21% Feb
NOV
31
14 V2
Mat 19
14% May 19
5% Jufi
wd When distributed,
8
23
25
July
?
10% Jan 31
x-gx-dlvldenda.
ttft tfci
9
y-Kx-right*.
Sep
Jan
42% Jan
14% Apr
28
(1068)
THE
COMMERCIAL
Transactions at the New York Stock
&
FINANCIAL
CHRONICLE
Transactions at the New York Curb
Exchange
Daily, Weekly and Yearly
Railroad
Stocks,
Week Ended Sept
12, 1947
lnt'l
Number of and Miscel.
Shares
Saturday
Monday
Tuesday
Wednesday
Thursday
Friday
Bonds
United States
Bank
Foreign
Bonds
Government
Bonds
Total
Stocks
Bond
Bonds
(Number
Sales
$2,647,000
500,600
446,000
193,000
93,000
3,718,360
$15,589,000
$1,884,600
$855,000
735,160
Total
3,671,600
187,000
3,024,000
1,000
3,310,000
$30,000
235,870
Stocks—No. of shares.
3,718,360
165,330
Total.
$70,500
855,000
1,884,600
15,589,000
Railroadlk Industrial
1~987~500
17,482,000
51,443,600
935,880
632,286,700
872,150,700
$2*819,500
$41,764,000
listed
$704,037,800
on
$949,344,700
Rail-
are
"and
outside
the
the
6
Total
Util-
r:
LOW
Saturday
Monday
Sept. 8
Low
High
Sept. 6
ties
Low
High
♦100.12
Low
100.13
HIGH
*100.12
SALE
175,14
-
100.13
47.14
35.12
47.95
35.06
62.96
103.67
109.47
90.77
35.34
106.77
63.30
103.53
102.67
109.45
90.89
106.79
102.66
62.69
109.46
47.51
90.84
35.24
106.75
63.01
103.39
102.64
109.25
90.54
106.74
,102.48
New York Stock
«»
PRICES
•
...
WEEKLY
-
100.13
*100.12
*104.30
105
*107.24
107.26
*107.24
*104.30
•
-
!
Friday
Sept. 12
Low
100.13
105
*104.30
105
*111.30
112
*111.24 111.26
*111.24
101.2
*101
107.26
111.26
101.2
*100.31
*100.31
101.1
*107.24
111.25
*100.31
*112.14
112.16
*112.16
112.18
*112.15
113.23
*113.16
113.18
*113.15
*115.2
115.4
*115.1
115.3
*114.28
114.30
*101.24
101.26
*114.28
*101.24
101.26
113.17
114.30
*114.27
*101.23
101.25
103.20
*101.22
*103.18
103.20
101.24
*103.17
*101.22
103.19
101.24
*103.17
103.19
*103.17
104.21
103.19
*104.19
104.21
*104.19
104.21
105.1
*104.31
105.1
*104.30
—
—
114.29
*103.18
105
♦104.30
105":
*105
105.2
*104.31
*107.7
107.9
*107.5
*104.30
105
107.7
.
*104.28 104.30
*104.12
104.14
*104.12
104.14
*104.9
*103.30
104
*103.30
104
*103.28 103.30
104.11
♦103.28
103.30
*103.28
103.30
*103.26
*103.26
103.28
103.28
103.27
*103.26 103.28
*103.25 103.27
*103.24
*103.25
103.26
*102.27
102.29
*106.13
106.15
102.27
♦105.5
♦104.1
*102.27 102.29
*106.11 106.13
102.27
102.27 102.27
105.7
-*105.5
*104
104.3
105.7
104.2
*103.23
103.25
*102.24 102.26
*106.5
106.7
*102.24 102.26
*105.5
105.7
*107.5.
*104.28
107.7
104.30
103.31
*103.27 103.29
*103.25 103.27
*103.24 103 26
*102.25
*106.4
102.27
106.6
102.24 102 24
'*105.4
113.16
—
105 6
'*107.4
107.6
*104.28'104
*104 10
*103.29
—
I
30
—
1 03.31
—
*103.27
103 29
*103 25
103 27
*103.24
103 26
*102 25
102 27
—
*106.3
106.5
*102 25
102 27
—'
*103.31
104.1
*105.4
*103.31
*107.14
107.16
*103.30
104
*107.14
*105.13 105.15
107.16
*105.13 105.15
*107.13
107.15
*105.12
105.14
*102.13 102.15
*102.13 102.15
*102 12
*102 12
17,000
105 6
*107.15 107.17
*105.15 105.17
102 14
102.18
*102.16
102.18
*102.16
102.18
♦
?7 \m\l
ini'Vfi im'iR
101.18
3?7 JXS'X :?00-9
100,11
•
101.16
10(U9
im'il
in?
102.1
ini'?i
iS'r
102.3
*102.9
102.11
*102.9
102.24
*102.20
♦
97
1
♦102.22
*102 31
102.31
102.1
1^
105.17
*101
101,2
lOli1
*101,20 101,28
102.3
*101.31
102.11
*102.8
102.22
*103.2
*105.15
•
103.4
105.17
*10l"l9 im?
101,1
101,3
*103
*105.15
102 14
—V
—
13,000.
*102 12
*100.9
100 11
*100.17 100.19
*101.15 101.17
*100.9
won
*100.17
100.19
...
*101.15
101.17
—
102 14
*101.17101.19
*101.21 101.23
*101.21
...
*101.17101.19
101.23
*101.26
101.28
*101.26
102.1
*101.31
102.1
102.10
*102 8
102 10
*102 8
102 10
102 26
102.31
103.2
105,17
Mm'19 iS?'?1
101,2
*101
*102 20
•iSS
*102.29
102*22
—
—
102 22
* 102.25
lol fl
*102.29
102.31
*103
103 2
*105 15
105 17
W2
*103
103 2
*105.15
105 17
—
...
—
—
*100 19 100,21
*101,1
*102 20
22?
102.31
101.2
*100.19 100.21
*101
—
.
101.2
—
1
\
•
3125,000
,nd
Mfc.d
price.
No
.alw
transacted this d.y.
"539,000
»Odd
tot
Transaction.
rJteaatrad
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
...
101.28
*101,31
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
—
k
■Bid
•
—
102 14
102.1
*102.20 102 22
:}2'S 103
:102-25
102.30 IS?-28
*102.29
103.5
*105.15
101,19
I? JXfof ™'21 101,23
103
103.1
*103.3
*101.16 101.18
!!!!'io J2H?
*101*221(1124
moi
A
101.16 101.18
*102 12
3y8s
Treasury
Treasury
Treasury
Treasury
Treasury
—
—
107.17
104.1
—: '
—
104 12
105.18
102.18
range, unless they are
such sales in
computing the
the
only
v
transactions of
for
range
the
year.
•
.
.
point.
a
4>/4s
Treasury
Treasury
Treasury
Treasury
Treasury
—
—
—
105.18
♦102.16
of
week's
of
'
Range lor Previous
Range Since January 1
Lowest
Highest
1947-1952
102.13Feb
4
102.22Jan
0
1949-1952
106.1
1
3s
108.21 Feb
4
108.21 Feb
4
1955-1960
112.6
3
112.6
Feb
3
1948-1951
101.8
July 24
106.13 July 24
102.6
Feb
4
23/4a
23/4s
1951-1954
23/4s
1956-1959
Apr
Feb
107.5
23/4s
1958-1963
—
1960-1965
114.8
2VaS
1949-1953
2Vas
1950-1952
—
May 14
104.12Feb 21
_
114.8
May 14
104.12Feb 21
* 106
.•
104.24
2'/aS
l._June 1964-1969
104.14 Sep
104.4 Jan
Dec. 1964-1969
103.29 Jan
June 1967-1972
2Vbs
Sept. 1967-1972
2%s
Dec. 1967-1972
2y4s
—1951-1953
.1952-1955
2V4s
2y4s
2y4s
2s
2s
—
June 1949-1951
:—Sept. 1949-1951
.-Dec. 1949-1951
2s
March 1950-1952
Sept. 1950-1952
1951-1953
1951-1955
June 1952-1954
2s
Dec. 1952-1954
2s
1953-1955
JlO-year
—
25-year
2y4s
3s
_1957
;
1972
108.4
Jun
2
104.18 Apr 30
103
9
104.4
1-3
102.22
Jan
104.10 May 9
104.15 Apr 12
103.20 Apr
9
102.11
Jan
107.9
102.11
Jan
Apr
107.10 Apr
101.16
Jan
106.15
104.2
Jan
30
104.7
Jan
29
102.21 July 30
105.17 Jun
2
14
Jan
May
107.4
: Jan
107.9
Apr
Apr
107.19
Apr
2
106.28 Apr
103.19 Apr
10
101.15 Jan
106.15 Aug
_
*
.
:
6
107,27 Apr
Nov
105.17 Jun
102.20 July 30
18
1947
107.5,Jan
104.7
102.16 Apr
102.5 Jan
March 1948-1950
Dec. 1948-1950
.
104.23 Feb
7
2s
,
2
105.17 Feb
2s
2s
.*
Apr
107.15 Jan
105.22
June 1959-1962
Dec. 1959-1962
2 y4s
106
104.24 July 14
1954-1956
1956-1959
2 Vis
2s
July 14
"Apr
105.29 Aug
108.4 ' Jun
__
l%s
1948
ltts
1950
International Bank for
*
Reconstruction & Development
hond-mmMotKm—
_J:
1962-1967
1963-1968
Treasury 2s
Treasury 2s
Treasury 2s
Treasury 2s
Treasury
Treasury
Treasury
Treasury
_
li_1956-1958'
2 Vis
Nor
118.23 Feb
106.16 May
.
2Vis
2%s
113.3
Not
118.15 Mar
*
2l/as
1965-1970
1966-1971
Deo
109.22 Feb
115.23 Apr
_
1952-1954
2Vas
102.12
Deo
113.3
1948
2^8
-
_
111.18 Feb
115.26 Jan
113.12 Aug
23/4s
2>/aS
"
__
—
2VaS
2% s
104.27May
110.3
Jun
112.21 Aug
102.11 Deo
106.13 July 24
-
•
Highest
104.14July.
106.6* Feb 21
1951-1955
2y8s
.
Year 1946
-
Lowest
_
*104.10 104.12
*103.29
*113.14
*107.15
*102.16
32d
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
—
106.16
112.17
112.23
*113.21
v
more
Treasury
—
*106.14
*112.21
107.10
the
EXCHANGE
—
101.1
106.16
113.24
105.3
in
NEW TORE STOCK
—
107.26
*111.23
*106.14
112.24
*107.8
disregarded
GOVERNMENT BONDS
—
106.16
*113.22
♦105.1
or
are
No account is taken
bonds mature.
•
thaWaali
Bonds ($)
*100.12
106.17
*104.19
sales
occur.
v.
High
100.13
112
101.1
one
Exchange
YEARLY
-
r
Thursday
Sept. 11
Low
High
107.27
104.21
102.72
175.92
105.1
*104.19
106.93
12—
*104.31
104.21
90.73
103.53
Sept. 10
Low
High
*106.14
109.51
63.23
♦112.22
:
103.71
35.29
*107.25
106.17
$60,019,000
Total
48.01
105.1
*106.15
$63,115,000
Closed
when the
*100.12
$2,318,000
Bonds
176.16
107.27
*104.19
ties
48.18
*101
CLOSED
Rails
11-
Wednesday
High
8,784,000
371,000
40
Ralls
176.24
9
10.
*106.15
STOCK
Utili¬
trials
175.32
.
*107.25
EXCHANGE
10
Grade
Closed
8
*104.31
*111.30
Second
Grade
and defaulted bonds.
Cash and deferred
delivery
regular weekly range are shown in a footnote in the
week in which they
"Interest Period" indicate in each case the month
AND
442,000
10
First
Indus-
Stocks
column headed
Tuesday
Sept. 9
•
$50,864,000
4,326,000
7,000
$2,067,000
10
65
Figures after decimal point represent
*1
$58,347,000
476,000
Averages
interest"—except for Income
of
in
$1,835,000
20,000
TotaL
IB
roads
FRIDAY
letters
107,289,445
■Bonds—
20
trials
Bond Record
when
50,358,986
daily closing averages of representative stocks and bonds
the New York Stock Exchange as
compiled by Dow, Jones & Co.
Date—
Sept.
Sept.
Sept.
1940
3,638,994
the
are
Indus-
Sept.
Jan. 1 to Sept. 12
1947
98,000
Foreign government.
Foreign corporate.
10
Sept.
$2,067,000
Bonds
-Stocks-
Sept.
$20,000
935,880
Domestic
30
italic
$98,000
631,000
476,000
249,000
$1,949,000
$17,826,000
Stock and Bond
Below
and
$1,949,000
20,000
Week Ended Sept. 12
1947
1940
59,368,000
39,706,000
$18,358,600
The
1,000
259,504,825
$30,000
NOTICE—Prices
248,000
Stocks—No. of shares.
International Bank
the week,
444,000
160,610
1940
171,605,991
Bond$
U. 8. Government—
$323,000
388,00Q
26,000
11,000
32,000
Sept. 12
1947
12,723,900
362,000
600,000
$18,358,600
Jan. 1 to
Total
28,000
182,095
Total
Week Ended Sept. 12
1947
1940
$295,000
191,975
Wednesday.
Thursday
Friday
4,536,000
Foreign
Corporate
Government
Saturday Closed
Monday.
Tuesday
3,568,000
"T660
Foreign
Domestic
Saturday
$3,273,000
109,000
343,000
601,350
$28,000
270,000
803,110
2,900,000
3,013,000
4,005,000
Bonds (Par Value)
of
Shares)
Week Ended Sept. 12,1947
Saturday Closed
$402,000
$196,000
Exchange
Daily, Weekly and Yearly
■
827,240
751,500
Monday, September 15, 1947
Apr
109.15 Feb
106.16 Apr
106.15 Aug
""
108.17 Aug
105.18 Sep
102.24
8
May 14
102.24 May
108.17 Aug
104.22 Sep
107.14 Apr
100.29 Jan
104.16 Apr
Apr
101.4
Jan
104.7
_
102
Apr
102
_
102.8
Deo
102.8
Dec
_
103.9
Jan
103.9
Jah
Jan
103.22 Feb
8
_
_
102.12 Apr
9
102.12 Apr
102
7
102.6
July
9
May 27
103.7
—
Apr
—
102.4
102.23 Apr
102.16 Oct
104.3
102.25 Apr 12
102.20 Oct
104.14
102.30 Apr 24
102.28 Jun 13
103.1
Apr 26
103.13 May
103.13 May
103.2
Jan
102.14 Not
104.26 Feb
July 22
102.23 Apr 24
102.28 July 21
103.4
*9
24
Mar
Jan
July 21
102.22 Nor
104.29 Feb
100.30 Apr .'9
101.2
Jan
101.14 May
101.31 Mar
100.30 Jun
101.8
Apr 26
101.3
102.17 Mar
__
__
23
29
Sep
1
100.10 Sep 11
100.18 Sep 11
102.00 July 15
103.4
July 15
—„
—
—
—
*
Last
Period
Sale Price
3%
Low
110%
J-D
1980
Stock
Interest
Last
Period
Sale Price
Exchange
Low
114%
Cuba
(Republic of)
Sinking fund 5%s
*102%
F-A
*100%
1977
1953
A_1951
J-D
(Rep of) 8s ser
External
5%s_____
gold
External
4 "As
arnM
Adm—
§ A Dominican Rep Customs
(AjLttl
IA2d
Wertheim & Co.
Members
ovab
NY
New York
A-O
*113
Bi
Foreign Govt. a Municipal
fund
fund
sink
AGtd
6s
(King of Norway) 4s
Akershus
F-i
*
Belgium external
External
s
f
s
f
(U S of)
40%
40%
40%
92%
51
91%
94%
J-D
90%
77
88%
91%
J-D
91%
91
92%
57
90%
92%
92%
8
J-D
A-O
A-O
*100%
j-j
A-O
1957
Stamped pursuant to Plan A
3.375%)——1979
1952
Plan A
(Int reduced to 3.5%)
1978
§% funding bonds of 1931 due—1951
Stamped pursuant to Plan A
(Int reduced to 3.375%)
1979
(Int reduced to
(Central Ry)~,
Stamped pursuant to
55%
;
3Vis Series No. 8
65%
65%
65%
6
55%
65%
10
55%
65%
55%
65
56%
56%
57
56%
56%
*56%
76
83%
78%
83%
ANat loan
73%
83%
ANat loan
55y«
62%
*80
73%
*
1
20
55 Va
55%
3Vis Series No. 11-
66%
♦60
3Vis Series No. 13—-
*55
3Vis Series No. 14——
56
—1
65%
♦55
3Vis Series No. 17
—
—
*55
3Vis Series No.- 20—
3Vis Series No. 21—
—
3Vis Series No, 22
3Vis Series No. 23
3Vis Series No. 24—
—
3Vis Series No. 25—
3Vis Series No. 26
3Vis Series No. 27*
3Vis Series No. 28
3Via Series No. 29
3Vis Series No. 30
—
,—
Brisbane (City) a t 5s_
.—1957
Sinking fund gold 5s
1958
Sinking fund gold 6s
—1950
Buenos Aires (Province of)—
A6s stamped
;
1961
External readj. 4%-4%s_———1976
*■*
1975
4%-4%s—
$ bonds
1984
M% external s f
(Dominion of)
Canada
25-year
ACarlsbad
(Rep) External
assented—
A Chile
A 7s
AExternal sinking
,-1961
f 7s
s
!
fund 6s.
assented
A6s
sinking fund
AExtl
1960
4s
3 Vis
(City) 8s——
A6s assented
1960
6s—__Feb 1961
Feb 1961
Jan 1961
Jan 1961
Sep 1961
Sep 1961
assented
AExternal sinking
A6s assented
54%
99
a-o
tt
t
,
,
•
102%
—
—
99%
28
99 U 100
*100 %
Jf-N
104
101
102% 102%
*98
102
100
104
104
M-a
92%
104
15
105% 110%
67
67
21 y4
2
20
21%
10
22%
20%
21%
21
12
21
64
1
20%
22%
j.j
42
1962
1962
fund 6s—.—-.1963
1963
fund 6s
20
m-n
a-o
a-o
.
26%
20
27%
1
22%
27%
20%
27%
28
.
20%
j-j
20%
20%
20%
20
20
21%
~i
—
Jf-N
Af-N
20
20
"3
21%
Mortgage
Bank e'/as—1957
1957
A6%s assented
1961
1961
fund 6 Vis
assented
AGuaranteed sink fund 6s
A Sinking
A6Vis
A 6s
assented
.
1961
1961
1962
—.—1962
1960
1960
5s
1951
AGuaranteed sink fund 6s
A6s
A Chilean
assented—!
Cons Munic 7s:
A7s assented
(Hukuang
AChlnese
Colombia
A 6l
(Republic
Ry)
ofj—
27%
; 20
1970
1947
1946
bonds
Bank 6%s
ASinklng fund 7s of 1926
ASinking fund 7s of 1927
3s external s ( 4
A Colombia
For
Mtge
footnotes
see
page
j-d
A-O
Af-N
M-S
19
19
19%
1947
M-S
J-D
25%
18%
26
ms
*26
31
ms
j-d
17
a-o
17
a-o
25%
14
21%
17
199
17
190
15
21%
19
21
10
26
*17%
„
.
24%
38
29
33
32
39%
26
33
34
41
26
J-J
21
35%
31%
39%
26%
35
34
40%
3
27
35
1
30
37%
11
■■v
♦33
\
•40
33.
-
TS2X"
;
TT.i
.
*27
29
32
2001
sec
32
'
Bto Grande
A
do Sul
A7s
*27%
F-A
1953
31%
26%
F-A
2012
(State of)—
26%
43
A-O
2001
31%
26%
40
•33
A-O
1921
1946
Stamped pursuant to Plan A
(Int reduced to 2.5%)
1999
A6i external sink fund gold-—1968
Stamped pursuant to Plan A
(Int reduced to 2%)—
2012
A7s external loan of 1926—_—1966
Stamped pursuant to Plan A
(Int reduced to 2.25%)
2004
A8s
26%
*35
A-O
to Plan A
2.375%)
6Vas
26%
j-j
1948
Janeiro (City of) 8s
--
extl loan of
Stamped
Stamped
32
24%
24%
pursuant to Plan A
24
2001
32
39
1
24%
32
39
31%
—
♦33
Af-N
31
25
42
27%
-.—1957
A
31
1
,
__
*24%
Af-N
.
33
*30
J-D
2004
j—iyDi
reduced to 2.375%)
secured s f
Stamped pursuant to Plan
(Int reduced to 2%)—
(Int
A8%s extl
25
32
M-N
30
*23
J-D
27%
30
pursuant to Plan A
reduced to 2.25%)
Paulo (City) 8s
(Int
|ASan
27%
J-D
-—1967
municipal loan
27%
32
32
♦25
88
42
27%
37
32
42
27
2012
For
Financial Institutions
FOREIGN
FIRM
f.ARL
SECURITIES
TRADING
MARKETS
MARKS & r.O- INC-
FOREIGN
SECURITIES
SPECIALISTS
16%
Telephone HAnover
48%
21%.
10%
12%
11
10%
33
12%
J-D
29 Va
9%.
11
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21
26
n
11
a-q>
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49
22
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16
15
a-o
1961 'AXr
36
35
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"
1968
40
16%
'
a-o
1950
—i—1963
101
105%
25%
17
16%
17
gold 8s
25%
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45
33
39
27
is y4
~3
14
27
19%
21
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ms
♦30
27
19
27
20%
15%
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27
21
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102%
99%
105%
26%
19%
20%
A-O
Af-N
23%
18%
23%
♦II
J-D
104
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99%
99%
27%
*9
20
75
Oct 1961
Jan 1961
Of 1928
AOs of 1927
18%
j-d
105.
99 y4
99
101
ms
25%
20
j-d
101
99
1
26%
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AChile
101
98%
5
27%
21
23
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22
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96
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20
~5
21%
20
28%
22
-
ms
27%
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21
ARio da
82
15
r—
f-a
ms
•
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.
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j-j
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47
104%
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101%
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99%
104
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,100%
■
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J-J
f-a
101
101
62
99%
*55
j-d
62
99
1958
1947
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(Int reduced to 2%)
62
55
—
AExternal sinking
A6s assented
56%
*56%
»
AExternal
62%
51
143
98%
100% 100%
1940
2.375%)
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(Int reduced to
62
55%
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•t
61%
67%
*55
f-a
63
54%
56%
♦55
M-a
62'4
—
ARy external s f 6s
A6s assented-—AExtl sinking fund 6s
A6s
1954
1942
1942
1960
54%
*55
62
61
*55
>55
100%
——1966
Stamped pursuant to Plan A
(Int reduced to 2.25%)
2006
>
62
54%
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100
100
▲Bxternal loan 7%s
■/>
61
54%
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v
(Int reduced to
62
'
105%
100
98
J-D
1960
1961
to Plan A
105%
100
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1947
(City of) 8s^.
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62%
56
56%
Alegre
A Porto
106
99 y8
A-O
——1963
1994
1967
assented--.
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53
*55
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AExternal sink fund
62 Mr
55
«V 57
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'wt.
62'%
55%.
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62
'
*
58
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3Vis Series No. 15
63
99%
29
J-D
i
extl s f 6s 1st ser
extl s f 6s 2d ser
48
100 Va
A-O
1957
1970
1955
lAPoland (Rep of) gold 6s_
A4%s assented i.—
A Stabilisation loan s r 7s
'>
61
87
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3Vis Series No. 12
f
85
76
96%
100'/4
F-A
Stamped pursuant to Plan A
(Int reduced to 2.125%)
2008
APeru (Rep of) external 7s__.—1959
73%
*
—
•
AStamped assented 5s
Stamp mod 3%s ext to
Bxt sec ref 3VaS series B
APernambuco (State of) 7s
69%
68
158
69
69
(Republic)—
Panama
:>
97%
96
100
100
A-O
1965
1963
4s sink fund
61
55%
56%
3Vis Series No. 10_.
s
extl loan—
3yas s f external..
Municipal Bank extl s f 5s
Oslo (City) sink fund 4Vis
43
♦55%
3Vis Series No. 9
External
59%
33
96
33
96%
Af-N
m-a
29%
29%
29%
40%
29%
40
33%
86
28
*31
40%
28
' 40
12%
33
28
M-S
1956
12%
♦32
28
2008
Norway (Kingdom of) 4Vas
External sink fund 4y»s
44
1
43%
v
Netherlands
70
14
10
Jf-S
3%S—1957
(Kingdom)
63
7
7
7
J-J
2008
1959
Stamped pursuant to Plan A
(Int reduced to 2.125%)
56
43%
11%
*7%
J-J
1958
44
1
11%
17%
►12
is y8
15%
11%
10
16%
16%
16%
Q-J
9%
9%
8%
Q-J
J-J
12
45
9%
12%
*8
Geraes
73%
3Vis Series No. 7
'
73%
73%
44
*
J-J
1945
Stamped pursuant to Plan A
(Int reduced to 2.125%)
ASec external s f 6'/aS
63
-
.
55
65
A-O
1944 (Plan B)—
1
3Vis Series No. 2
3%s Series No. 3——
-S%s Series No. 4
-J,
3%s Series No. 5
3%s Series No. 6
9
59
3%s Series No.
i
60
43%
$ bonds of
External
44
3
44
♦40%
M-N
105
29
6
J-D
—1943
ioo y8
6
35
6
A-O
1954
1942, agree_1968
5,
•
104
1957
(State)—
ASec external s f 6%s__
Mlnas
70
7
J-D
82
102
81
3
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M-N
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100
81
81
a-o
i960
16%
9
*100
A-O
35
105
10
3
7%
♦13
115%
56
56%
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J-D
10
•7
J-J
107%
4
104
10
18
103
22%
*103
M-S
48
36
5
—
*16
12
44%
*12
j-j
109
45%
44
A-O
J-J
53%
39%
37
37
lATreasury 6s of 1913 assent
1933
AAss'td to Nov 5, 1942, agree_1963
107%
106
56%
A-O
J-J
t.62
53
54%
*39%
J-J
44
A-O
—
♦52%
J-J
J-D
1
46%
56 y4
44%
A
—
AAssenting 4s of 1910
.
1945
AAss'td to Nov 5, 1942, agree.1963
—
*55
45
101%
—
AAssenting 4s of 1904
_1954
AAss'td to Nov 5, 1942, agree_1968
103%
115
115
102
100%
__
99%
4
107% 107%
102^
101
*100%
AAssenting 5s of 1899
1945
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101
91
104% 104%
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extl 5s of 1899 £
(US)
A Mexico
102
12
93%
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80
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Irrigation—
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94%
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A
A4%8 assented
109%
101
67
Mexican
45
103
98
7
»
f-a
89
21
A-O
AJugoslavla (State Mtge Bk) 7s
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1979
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s f 6%8 of 1927
45
92%
94
94%
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45
88%
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33
85 y8
45
18%
2
103
45%
45
19%
"i
40%
102
103
J-J
25
26%
21
40% 43
99% 100
J-D
46
24
4
45
♦40%
1978
AExternal
A7a
42%
10
1957
external 8s
Stamped pursuant to Plan A
(Int reduced to 3.5%)
AExternal s f 6%s of 1926—;
f
1
42%
1941
7s
fABrazil
42%
1955
1955
6s„
External
42%
42%
A-O
1949
6%s
42%
A-O
1962
*
25%
j-j
1956
1957
1967
1966
;
28
j-j
(City) external 5s„
1958
Australia (Commonw'lth) 5s of '25-1955
3%s
3%s
20-year 3 Vis
20-year 3 Vis
15-year 3%s
42%
j-j
AAntwerp
10-year
40%
A-O
90%
80
80
A-O
1964
1968
1952
_1960
A 7s
105%
87
40 Va
88 %
89
A-O
1949
part paid__
A6s part paid
Haiti (Republic) s f 6s series
Helslngfors (City) ext 6VaS
Irish Free State extl s f 5s
12
j-j
100%
63
Greek Government—
79
98
M-a
lAAntioquia (Dept) coll 7s A
1945
fAExternal s f 7s series B_
1945
fAExternal s f 7s series C
1945
fAExternal s f 7s series D
1945
AExternal s f 7s 1st series
1957
AExternal sec s f 7s 2d series—1957
AExternal sec s f 7s 3rd series—.1957
10-year
extl 7s
81
71%
♦61
98
90%
85
—
85
85
F-A
t $
s
79
78
♦61
A-O
1947
1948
1908
115%
89
(Republic of)—-
Salvador
French Republic
(Colombia)—
bs
107%
115%
113
—
*88
j-j
Jan 1,1976
—Jan 1,1976
3s extl s f $
Jan 1,1976
A Estonia (Republic of) 7s
1967
sink
116%
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1969
1969
series
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3%s extl s f $
AGtd
100%
—
1-1693
is extl
Agricultural Mtge Bank
-
~8
116%
1940
!
series
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—
1940
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OA
96%
16
-
sink fund 5%s
5%s 1st
Teletype
New York Stock Exchange
Broadway,
120
REctor 2-2300
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series
97%
82
__
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___1962
___
87
7
—
__
116
J-J
A-O
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19
16 Va
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1942
1955
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82
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1952
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to 6%) extended to
1960
Foreign Securities
83
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7s
5s of 1914
4%s external debt
ACxechoslovakia
88 %
82
J-D
4%s
loan
External
Telephone
87
1952
1953
1951
1949
1
January
LOW
No.
High
1949
Copenhagen (City) 5s
25-year gold 4%s
A Costa Rica
(Rep of)
Range Since
Bonds
Sold
Friday's
or
Bid & Asked
High
No.
High
110% 111%
110%
Week's Range
Friday
York
New
January 1
Sold
City
New York
Unification Issue—
Corporate Stock
12
BONDS
Range Since
Bonds
Friday's
or
Bid & AsKed
Low
Truuit
RECORD
SEPTEMBER
Week's Range
Friday
Interest
Exchange
York Stock
New
ENDING
WEEK
FOR
RANGE
,
BOND
YORK
NEW
BONDS
(1069)
COMMERCIAL'& FINANCIAL CHRONICLE
THE
Number 4629
166
Volume
St. Now
2-0050
York 4. N. Y.
Teletype NY 1-971
41
30
(1070)
THE
COMMERCIAL
NEW
YORK
RANGE
Friday
BONDS.
New York
f
Last
Period
Sale Price
or
Friday's
Bonds
Bid Ac Asked
__^_1936
(State) 8s__:
Stamped pursuant to Plan A
(Int
reduced
NO,
J-J
—
1999
Jb/
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1958
4-4%-4%» extl readjustment-*
3%s extl readjustment
(City) external 7»—*
'■
'
'
—!
Jk-N
Mdams Express coll tr
fold 4s
Great Southern
3%s
Alabama Power 1st
mtge 3 Vis
__
F-A
1948
93
Atchison
-1972
M-s
Jf-S
.General
unified 4%s
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20%
101%
100%
90
100
93
13
i_r.
,
lstt &
90
21%
y%
10
99J
96
J-D
106%
108%
87
^
A
100
106
A 2d
103%
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96
100%
4yas
conv
490
69
101%
103
105 '/a
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23
103
.
A-0
nsya
116
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26
112%, 110%
Chicago St L
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14
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32
24%
28
'
10
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if
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bonds
(Interest
ref
M
'"1st
aAIL^ at
A4Vi %
July t 1948
convertible
Feb
A-O
1 I960
May
8'westerp Dlv1 1st mtge 5%
Mgixot^int at 3%%
)._______1950
and 3%
A?
*
v———due t>tc 11999
?/r
due Mar 12000
Prt
3%%
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series
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ref
:
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series
.
93
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35
80
5s series AC
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54
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74
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35
51%.
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29
52
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52
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v
MS
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23
•
98%. 101
100 y*. 104
,
; si
42/.-
27%
57
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105%
3
1934.
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1952
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101
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JS
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51
.,
55%.
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106
"
101
9*%
9T
106
105
'
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106%,
|
Canadian
gtd 5s A
lofio
National Ry—
—
Guaranteed
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2
gold 4%s___
gold 5s
gold
1
gold
1970
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page
33,
101
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114 y*.
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20
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114%;
23
113
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101
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126
94%
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104 >/a
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71% 72
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78
14
103%
105%
1
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100
11
01
51%.
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14
45
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105
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65
65
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410
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39
58
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97
100
*
78
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111
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,
24
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1993
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112
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..
103
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114.
108%
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*105% 106 %
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:
-_
63%;
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107
14
__
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__
,
'
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109%, 110%
tlU.
107-107%
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'
j-j
2%sIIl975'
debs——1965
;
__
110
v>_!* "
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1956
1st
50
105%
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;
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mtge
47
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107%
103%; 106%
:*•
nitge 3y8si____L_l9B6
(ACUJ)a Northern Ry
A Deposit
receipts
'v.
105
17:
102%, 104%,
40
102% 103%i
17
100%
101
9
102%
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51%
'
102% 103
J-J
50%
'
1st
1st
105%
104%
30
"
A-0
109
2
27
'
A-0
C_—___19721
dcbl 4s.___1954
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105
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104
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104
100 7/a
; 105% 105%
105%
50
: 105
106
'
—
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-
109%
:
__
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'
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92
1
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6
•
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98%
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61
107% 107%
1973
non-conv
99
88
106
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1948
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•
81
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113%
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91 y8
*—
71%
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of New
105%
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7-
98
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81
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1970
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104%, 105
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'
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108 %
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102 3A, 103 %.
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*
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,
J-D
Mich.,Div 1st 4sii___ 1991
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4s_____1990
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103
104%
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;
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107%,
14
;•
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C
103
85
105
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M-N
93%
13
105% 105 %
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A-O
1943
&
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88%
'
50'
37 %
93
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J-J
depositIZ
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33
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.-
v
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40
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39
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35
37
37%
"
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102
"
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104
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A7%s ser A deposit rcts.___.___ 1946
A0y s«r b
deposit rets
!
1946
37
32
63%
52%
86%
44%,
"
37
12
36%
46
37%
"
45%
"
D
Dayton Pr Ac Lt 1st mtge 2%s
1975
Dayton Union Ry 3>y4s series B__11965
Deere
81
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debs_____'
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Coll
Delaware
&
tr
'
A-0
103% 103%
J-D
1965
1963,
M-N
*104
A-O
98 %
98
1
allz*"'
103% 103%
2
98%
25
78 Vi
3
103:
104%
S
—
103%
105
93
77
:.
99
90
Western div
ser
C
I973
Essex
M-N
78%.
*—
division
4-6s
Pqwer
M-n
;_1993
AIncome mtge due
!
-
104%
50
73
'ABebeniui'e. 4s__l____
107
4
65
50%
J-J
r
119%:
102%
*—
'80
149,
107
115
113%
11
85
54%
ref mtge 2%s ser
A\____^_1982
1st At ref mtge 2%s ser
Bl_,
!_1977
1st Ac r.ef mtge 2%s ser
t
106 y8
11
%
" 85
44%
79%
129
85
J-J
A-0
)
53
6
J-J
129
F-A
100
108 y* 108 %
p-A
J-D
lootnotes
Vi
107% 109
MS
F-A
Foi
115
109 y4110
npmntuai
Ohfo^s
Carthage
104%
104%
*105- •106* a
/'
108
108%/
A-O'
Can Pac
Ry 4% deb stk
Carolina Cllnchfleld
&
I
1.
/
J-D
•
129:
80
.
_!
r
78
'
cons
"3
50 %
*—;
__
M-N
94%. 100%;
25
J-J
A Cuba RRMst
n2« rfli
£ Power 1st 3«l
1970
rS2H°rIROIiuPower *^——^197*
Cawtada Southern
3
104
-h'
71
2%-4y48i.___i___._____1994
Consumers
103%
36
98%
80%,
(AConsol Ry
A Debenture
39
90
34%.
35%
M-N
gtd_____j__„._-__l950
'
n
25,
'
lot
Series
1st
,
101
j-j
72%
3%a debentures.!/
■
63 "
99
2.
4
Ccmsolidated, Edison)
'
64%
112%. 114%
112y8 115%
102%
55
Cleveland Elbe Blum. 3s___,*
Cleveland
Pittsburgh RR—
103 y4
lOftfelO*
102
72%
Consolidated- Cigar Corp 3%«__u.__1965
107% '
100 /
102
107
,
.
1st mtge 3s
series,, L___1.______.197T
Conn: Ry & L lst
Ac. ref 4yas______1981'
Conn River. Pwr s f
3%s A_:
__1961
'
•
112% 112%
*112%. 113%
F-A
1935
15
:
F-A
Apr
Commonwealth Edison Co—
66.
33
1102%,
Z
,
112%
F-A
Columbia Gas Ac Elec 3y8s
debsi„197l
Columbus & H-y lsst extl
gqld 43—1948'
Columbus & Sou Ohio El 3
V*Si.... 1970'
Columbus & Tol lst extl 4s_:
91%
35;
56%
J-J
Colorado &> Southern Ry—•
;
•«
4 %s, (stamped
modified)..i960
ftsy»-9«%
33
124
Apr
1st mtge" 8s series,
100%, 103%
.
124;
126
143%
81%
1st mtge
101% 103 V4
105% 105%
•100% 100%
MS
5*.
-__.I_II„l9ty*
Bush Tarm
Bldgs 5s gtd
1960
■
*
*105
JS
Conemidatetf
.
*122
May
As
Light
1
3sl__
Denver & Rio Grande West'
RR—
lst mtge ser A
(3% fixed
1%, contingent
,
int)
1
:
107%
J-J
1st gtd 4%s_____I961
Cleveland Union Terminals Co—
1st mtge 54/as series A—
1972
98%
136
80%
Series, D: 3%s
Cleve Short Line
100
51%
102% 104%
39
J-J
mtge 3 y8 a
&
107
16
132
Cim Wab Ac
'
125% 129
98%-100%
8
101%!
102
,
F-A
MS
99% ;'
92%;
83, e 83 %
51
; 52%
i
F-A
1957
92
59
Z
*ioiy4ioi%
r
91%
4,
*100%
A-O
.1970
__
98
5
125% 126
98%
J-J
Buffalo Niagara BT lst
mtge 2%s__I97S
Buffalo Rochester At Pgh
Ry—.
Btaaped, modified (interest* at,
Bush Terminal lst 4s
97
79
94%
93%
98%
MS
1950
due.
Cedar Rap Ac Nor—
(A 1st & Coll 5s._
84%-.
'
M-N
.1909
to'Man 1947)
93%
"
JT-N
JUly 1970
(Burlington.
22
"89
93%
1961
lst*Su_Z
86%
♦81%
A-O
1955
5s—
43 debentures
88,
*
136
J-D
Ref
84%
103 %
44%
1994
St L Div
00
105%,
126
J-J
2%-4%s_
.
21
103%
6
■•'FTA'
73-%,
72
136
J-J
Cleve Cin Chic &
St.Louis Ry—;
General gold, 4s_
General 5s series
- 59 %
70%
88.
1960
El 1st gold
Gas
Gen mtgw 2%§
67
*
57
A-O
-1987
A__
60
58
j-j
1951
5s series II
1st mtge 4%s series
JJ_,
Aftic mtge 4Vis
57 %
,
J-J
1951
1st mtge 4s series
RR_._____
(A Boston &.N Y Air L
60
16
126
City Bivestittg ;cb 4s debs_i__-_^..-.i961
50
70
23
MS
mtge 2%s-_...19-73
Cincinnati Union Terminal—
1st mtge gtd 33/8s.
series,Ei_zi_il969
1st mtge- 2%s ser
G_.l_Iz_j
197%
City Ice At FUeL2%3 debs__i.__i_Zi966
86%, 101
226
79
1
r
J 960
cZ
1st mtge
f
78%
59
M-N
Beneficial Indus Loan
2%s defca__ .1961
Bethlehem Steel Corp—
Cons mtge 2%s ser I
.1970
Cons mtge- 2%^ ser J
I__ .1970
Boston & Maine RR—
*
\
58%
J-D
1951
Bell Telephone
3%
86%, 10L
.
A_i____ZZl959
Beech Creek Extension
:t »
,
79;
,
inon
-
1st mtge
30
—
Bangor & Aroostook-RR—
4s
47%
92
46
j
Jf-S
DM 119M
___
Toledo Cinn div ref
4s
Con
91%
(
93
J*-S
fixed
contingent interest)
La^^neTwesTn
Ref
J-D
due Mar 11996
r
Ref & gen*
mtge 0%
and
Jsr
89%
■
108
104%
5 ABebentures, 5spart paid___._.1987
SAChoctaw Okla Ac Gulf conv 5s__1952
Cine Gas &» Elec.-lst-
contingent Interest)-^
S«2e?
»-*
89%
•>'
27%
105
*102% 103
;
|
36%
24%
10
43
1st 5s stpd
Chic At West'n Indiana
1st Ac ref 4%s series
A-O
'
:
24
106
*104%
J-D
Ac
86
103% 104
J-D
KAChilde
JuI* 1 1940
J-J
2003
Chicago Union Station—
B
<# Ohio RR—
29%
105
44%
..1956
& New Orleans* 5<r_
27/aS
Baltimore
40
J-D
1st
103%
41
24%
104%
1983
3%8LL-
Income.
30%'
102 V*
105%
F-A
1951
41
.
25%
85
*22 '
Memphis Dlv lst gold 4s____
1951
Chic Terre.Haute At
S'eastem Ry—t *-
103%, 107
'107%-108 y4
107%
J-J
J-J
gold
45
31%
*25
F-A
195-1
Gold
M-N
J-J
dt Pacific Ry-
of,
32 y8
"30%
65
J-J
*
•
A Conv
118
30%
5
31
31
A-O
109%
69%
•
RASecured? 4%s series A....J
gold 4%s_______L
127%, 132
J-J
27
108
68
1
.
66%.
9
_-!!-h-I980
3ARefundtng
71
►109%
69%
j^n 12044
951/8
Certificates
42%,
2b
20%
A-O
J-J
Jan L 2019
84%
96
J-J
,
B-—
Railways
AGeneral 4s
59 %
Ry—
4%Sw_Jnn 11990
inc
conv
"
RR—
(Chicago Rook Islet,
95
17%.
*48
.
39
13
1997
4»_
A
ser
103 A
:
67%
17%
8
J-D
Western
8|ff,^tge 35
A
8
28
17
-A—1994
'97%
3
*113% *:■_
:ii5
us
North
(3 A Chicago
21
10%
1977
p25% partial redemption..
10
•;
128%
127%
Nbv
85
♦
105%
ser
106;%
,
10%
10
1979
Inc ser B_il_
2nd- mtge
101%
102%
104
1
"96
96
101
74;
,
103-fV 103,
;
98%
33
104y4
;104;
Chicago &
110%, 119%
10%
10
1983
A__
Pac
mtge 4% s Inc
1st mtge 4s
98%' 103%
41
10%
A-O
136%
1989
A____'
ser
Ac
100
49
103
J-J
Paul
61
104
QrJ
A-O
1968
mtge 4 %s inc
Milw St
111
A-O
J-D
Chic
48%
A-O
rrZ-
Ry—
Chicago Ind:& Sou-;50^year
108%
102%
104% 105%
__Jan 12038
oer
99%
A-0
1948
1st mtge- 4s inc
96%
101
Jftn
J. .1964
4%s
Ac Louisville
100%
110%. 111%
98%
99%
ioiy4
M-N
mtge
96
983/4
J-D
inc
(Chicago Ind
ioo.y* 101%
40
Gen
High
70'
104% 104%
109y«
104-
92 y4
98%
Fe1—
debs__
A
105
8
F-A
ser B—-——1983
100
*
HlVi
A-O
I960
lst 48
mtf"2T4S
47
Low
1989
B..ZZZ
series
95
Range Since
January 1
<
No.
M-N
Chicago Ac Erie 1st gold 5s..
___^198a
Chicago Gt West 1st 4s series'A___ 1988
100%, 101A
107
._
ref 4%s
90%
Sold
199®
_I_1990
ref mtge 3yas____
1st Ac ref mtge
2y8s___
Chicago As Eastern 111 RR-rA Gen
mtge Inc conv 5s
17%
104
199* •
Bonds
High
47%
MN
1958
1st Ac
18
"
..1974
gold~Sli949
General 4s.
102
84%
'-.L
3s__
Chicago Burlington & Quincy
1
107% 107%
100-/8
Power
4s_______
15%
*100%
I07j/a
York
Ac Ohio^ Ry—
General- gold" 4 y2 s."
Ref At impt mtge; 3'/as D_
•
...
II~1987
Ref Ac impt M
3%s series E
R & A Div lst
cons gold 4s
2d consol gold
85
7
New
Friday's
or
Bid &, Asked
90%
F-A
1937
__j
Chesapeake
100
——
:
4s
Champion Paper dt Fibre deb
3s_i_19«6
135
86%
'
93.
92%
F-A
-______i94a
Refining 2%s
-
89%
*106*
J--J
—II1995
A._
mortgage 4s
39
101,3« 101 tV
*i04y4 ■__
107 y8107%
__
A-O
4s____Juiy~l952
fK!SaaLI>B?Vllto- Ry
Second
,
/ ) •"
l995
cons
91
1966
H (4%% to
Aug 1 1949)
1974
IA Central RR &
Banking Co
5s stamp
(partial redemption )__1942
10%
96%
'
1987
_
101 a
A-O
July 1 1995
Stamped, 4s
July, 1 1995
Atlanta &c Charlotte Air
Line Ry—
Isb
mortgage 3%s_
i983
Atlantic Coast 1st
10%
26
\
12%
'
1959
| i A4s registered,—:__iIIIIZ__IIl987
^
,
94
*8
A-O
X980
General 4a_
Adjustment gold 4s
'
94
93,
J-J
__1969
Topeka Ac Santa
e
4%
21
125
*9%
M-N
„
£br?r
.
15
90'
.1945-
Central Pacific lst ref
gtd
; 1st Ac ref series A
__
.*-!
—
Jf-s
_IIIIl961
~~Z_198'V
Z3~iIZZZ 1987
-_II~1962
gold 48—
uF Pro<Juct3 Co 5s—
V*
80%
97V4-
*—
■
F-A
'--1111211915
IIIIl986
deb.
65%
'
__
89
F-A
1967
•
Nitrate
91%'
12%
-
*120
•
J -J
Amer 8c
Foreign Pow deb 5s___
2030
American Telephone &
Telegraph Co.—
debentures
*8
__
J-D
Albany As Susquehanna RR
4%sIIl975
Alleghany & Western 1st gtd' 4s__1998
Allis-Chalmers Mfg 2s debs
1956
3s
85
14'-'
4%
19
Nov 1945
5Wis series- B
J A5s registered
A General
BAILROAD ARB INDUSTRIAL
COMPANIES
Alabama
Anglo-Chilean
55
i
*120
—.
--
Jf-N
1978
Sale Price
Low
(ACent New Eng 1st gtd 4s
___1961
♦ACentral of N J gen
gold 5s__
1987
,
,
3
'6%
-
4%.
*96
r-
a
50
60
38
i
76%
*120
JB-N
1984
Last
Period
_
♦3%
41%
—
♦11%
_!•
F-A
M-N
1958
1958
A4V4s assented
3s
56%
ARef At gen
•
■
16
38
6
?
J-J
1964
A Warsaw
1
42%
76%
__
M-N
1940
Week's Range
Interest
Exchange
ARef Ac gen 5s series C
1959
AChatt Dlv pur
money1 gold 4s__195T
JiA Mobile Dlv. 1st
gold 5s,
194Q
Central Illinois
Light 3%s_
•>
Central
76%
J-D
____
l%s debenturesAmer Tobacco Co deb
65
48
—
*85
M-N
i960
6s
_
•
46
*32
J-D
3%-4-4%s ($ bonds of 1937)—
External readjustment
1979
External conversion
1979
S%-4V/8-4&s extl conv
1978
2%s conv debentures
2%« debentures-
67
'
1987
Sydney County Council 3%s___.
A
Uruguay (Republic) extl 8s
A
External sink fund 6s
Stock
(Central of Georgia
Ry—
JA 1st mtge 5s:
SAConsoi gold 5a:
;
84%
51
v
-
»
A-O
1959
2%s
68
42
—
...
*'
4i%
A-0
i__1962
_
extl 7s
debentures..
2%s debentures
2%s debentures.
__
-
--
A-0
1940
fund
51
50
*42
__
J-J
2011
A4%a assented
External, sink
*48
*47
Jc-J
1968
Stamped pursuant to Plan A
(Int reduced to 3.5 % V
1978
Serbs Croats & Slovenes
(Kingdom)— "
A8s secured external
1962
A7s series B sec; extl
A
48
*41'
__
M-J
2094
f 7s
ASllesia (Prov of)
58%
50
Plan A
(Int reduced, to 2%)
s
58%
v
(Int reduced to 2.25% )
Afls extl dollar loan
Friday
BONDS
New York
i
1959
12
High
*41
__
<_
RECORD
SEPTEMBER
January 1
Low
*48
—
-.1950
water loan
lAflecured
/-J
Jf-J
Stamped pursuant to Plan A
(Int reduced. 2.5%)
A7s extl
Monday, September 15, 1947
r
1999
A8s external
ENDING
CHRONICLE
Range Since
!
,
2.5%)
BOND
WEEK
Sold
Low" High
lAflwi p^uio
FOR
FINANCIAL
Week's Range
Interest
Stovk Exchange
&
2042
_1973
,
1993
54
A-O
—
54
107
50
57
107%
42%
58%,
11
49
62%
5
107
103%
•
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4629
Volume 166
Friday
Interest.
BONDS
Grande West (cont)—.
Alncome .mtge ser A (4ya%"
contingent int)
2018
Denver & Salt Lake—;
Income mtge
(3% fixed
'
-1%
contingent 'int)
1993
Detroit Edison 4s series F
:—1965
Gen
ref
&
Second
January 1
No.
High
BONDS
Range Since
Sold
Low
}
j- j
95
49%
70
A-O
69
Stamped
k
i
;
34
105 % 105%
14
105%
108%
105% 105 %
.2
105%
109
J-D
106% 106 %
6
106%
*68%
72%
62%
*52 Vi
65
50 Va
110
105 U
S&
106% 106%
M-a
2%s ser B—1976
*90%
—1961
gold £s—1937
Duquesne Light 1st M 3Vis
1965
36
j^J
103%
M-N
36
—1956
Ed El 111
—1995
*115%
M-N
30%
37 Va
17
103%
107%
j-j
1st cons gold 5s.
A 1st
1970
1965
stamped
5s
Erie Railroad
Gen
1st
cons
1st
cons
Div
Ohio
105 % 113
*106%
1st
88%
90
90
1954
1054
i
1964
1964
___1974
1974
94
*99'/a
—
5s-
stamped
1954
gtd 5s_
A 1st
ref 5s series A
&
A Certificates
I
of
52%
deposit
*99
M-N
106
,
ref
&
A4a
Northern
Great
Ry Co— .;
series B
General )5%s
General
J-J
131
j-j
124%
Gen mtge 3
Vis ser O
Gen mtge 2%s ser P
Gen mtge 2%s ser
•
Gen
.
i
'I
•
'
„
,
mtge 2 Vis ser R
t*
.
>.
-
>11
■
%
'
h
.
i. •.
■
Gen
1st St
-
.
*8'%
Feb
91
87
'
99
"
62
9
.
103
*102
A-O
65
•
9
7%
101% 104 %!
2015
j-J.
—1969
ioi\
101% 101%
A-O
"
-
71
'76
„
98 -
99
98:
Ref
56%
57%
71
52%
101% 101%
2
100%
H
•
102
137
M-Af
*69
1970
Hudson Coal 1st s f 5s series A—^1962
Hudson Co Gas 1st gold 5s
;
1949
Hudson & Manhattan 1st 5s A
1957
j-j
*—
A Ad J
2%s
Corp
Finance
income 5s
74
.74
99%
■
99%
86% 68
107% 107%
88
M-N
-
F-A
'53%
52%
55%
14%
14%
15
V
23%
'
•
,
103
J-J
-103'%
1st
lit
gold
—1951
J-J
*103%
J-J
*1013%
—
—1951
A-O
♦101% 105
1st
gold ,3s
—1951
M-3
sterling—
Refunding
99%
1952
Collateral trust gold 4s__
1953
M-N
.1955
M-N
Refunding
5s
1966
40-year 4%s
Cairo Bridge gold 4s
3%s
Springfield Dlv
Western
Lines
—
1951
1st ref 5s series A_^._—.
■f
l«t A
ref 4%s
1963
•
—
1850
2%s aer <C——
1986
^International Great Northern RR—
AAdJustment 6s series a
A 1st
5s
A 1st
series
July 1952
1956
series C
fAInternat Hydro-Elec deb 6s
Int Rys Cent Amer 1st 5s B
gold
1952
B
1956
1944
1972
5s
,
100
i
I
tA
New
101%
85'/a
11
84
79
79
99
100
43
V
4
>99
98%
73
92%
70
'>
89%
,,
*
97%"
'
*—
95%
''57%
56
57%
98%
24
53
51%
J-J
a-o
20%
51%
:24
a-o
J-J
52
98%
99
-27
101%
r'
i
„v
65%
185
14%
30
13
40%
59%
42
59%
■,
,
3
i
97%
106
)
99%
136
♦100% 101%
M-N
43
1952
Tel 5s A
4%s series B ———1961
Junction RR gtd
Jersey Power & Light 3s_
1974
gtd
4%s series A..
-1952
New Orleans Term 1st gtd 4s—._—1953
JNew Orleans Texas & Mexico ***—
t
•
W
Consol gtd 4s
England Tel &
Ref & Imp
■
98
mtge 3b~1965
Orleans Great Nor 53 A------xaoJ
New Orleans St Northeastern RR
I
f
3-D
105
J
i
f
|ANon-oum inc
A Certificates
5s series
A__
of deposit-Alat 5s series B
-V—
a Certificates of deposit—
Al«t 5s series C--------a Certificates of depositA 1st 4ya* series D———
A Certificates of depoeitAlst 5V»s series a——--A Certificates of deposit
1958
Jersey Central Pow & St 2%s
Jones & Laughlin Steel 3%s
1976
—1961
'79
J-D
79%
79
102% 103'"
Af-fl
102% 102%
J-J
11
20
65
York Central RR Co—
4s series A-—
Ref & impt 4yas series
Ref & impt 5s series
93 [
102% 105%
102%-104%
77
%'
Kansas City Power St
1976
1950
1975
1974
Kansas
Light 2%*
City Southern Ry 1st 3s
1st mtge 4s ser A
Kansas City Terminal Ry 2%s
100
*101
105
104%
105 v«
103% 103%
103%
103% 103%
101%
104 V2
105
'
104
104
106
!
5
105%
107%
!
104%
108%
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j;
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MS
98'%
94
96
99
103%
'
112%
V
06
111%
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I
,
72%
81'%
,
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86
M-N
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98%
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80
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MS
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f
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i
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21
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106
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A-O
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103
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i
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66%
99%
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12
72%
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109'% 109%
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100%
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84
JS
MS
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61
62
43
48
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40
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a ;
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MS
78'%
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29
74%'' 79
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25'%
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26'%
544
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78
74 q 4
78%
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78
74%
79
M-N
.
78
64
r-A
102%
us
J-D
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70'%
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32
63
84%
;
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55
153
85
I
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—
105%
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58%
45
53%
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30
67
14
70'%
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1
68
69
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63
65
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60
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—
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39
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17
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105
106%
69'%
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MS
5
68
4
68
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121%
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106'% 106%
121% 121%
68%
20
3
1
MS
N Y
Central St
Hudson ^ver
3'As
registered-——Lake Shore coll gold 3%s
3%s registered
Mich Cent coll gold 3%s
*98
104
86'%
A-O
♦76%
95
84
81%
109%
121% l24'/a
65
106%
94%
86%
109
101
109
,
104% ioe
105%
104
JS
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107
106'% 106'%
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103%
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110
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104
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100%
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78%
87
80
98%
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95
34
83%
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90
90
90
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96
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66%
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71%
78
JS
JS
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J99J
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79
17
86
90%
65%
90%
10iy*
;
;
86
00
1
65
70
78
67%
71%
79%
107
61%
64%
81%
82%
f
191
101
72%^ 02y«
J
87%
26
67%
67%
67
r-A
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Y*
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3%s
98 Va
98%
•92
68
66%
98%
93%
5
86
|
98
84
85
♦—
"
r-A
r-A
}99J
registered——.—iaaa
New York Chicago & St Louis—
Ref mtge 3'As ser E
1980
97
05%
86'%
r-A
A-O
IO67%
101'%
*86
—
94%
81%
83
93%
General mtge
K
1990
/
;
115%
1
105% 105%
—-
A——2013
C—--^—2013
3 %s
Kanawha & Mich 1st gtd gold 4s
104
111%
~
.
Cons
Frankl St Clear 1st 4b
106%
^1038
New
James
104
2
New
; 85%
'
J
New
.
98% 101%
*100% 103
J-J
N
81%
51
103
106% 106%
A-O
r-A
~2%s debs_1970
2%s debs
1967
fANaUgatuck RR 1st gold 48—1954
Newark Consol Gas cons 5s——1948
StANew England RR Std 5s
1945
1st
92%
& 8t Louis—
National Supply
103%
99
•■85 ya
:
:—-
f
98%
101%
„
89%
J-D
Ref St Imp
series A—
100
97
*102% 105
-91%
J-J
Indianapolis Union Ry Co—
A 1st 6s
100
97
*100
; ?
Indiana 111 * Iowa 1st gold 4s
100%
06
*99% 100
J-D
1970
A—.
B———1955
NaUonal Dairy Products
National Steel Corp 1st
*100
J-D
1963
D
84%
99%
98
102%
101%
N
Nashville Chattanooga
-
—
series
Tel & Tel 2%*—1980
Fuel Gas 1st gtd 5s—
1947
I
108%
*96
J-J
1963
Illinois Terminal Ry 4s ser
*96'/a
,
106
"98 *
99%
118
101'%
105'/a 105'/a
r-A
'
67%
—/
•
116
111% 112
-100%
107%
51
80'%
109
99%
'
99%
-MU»
i
series C
1st ref mtge 4s ser
A
79%
—
IH Cent and Chic St L & N O—
98%
*98
'•
F-A
-1
10
M 4%s
Mutual
102
89
*106
J-J
1951
1st gold 3'/as.
gold 4s
1st
Registered
Joint
79%
J-J
1951
16
103'% 103%
.
F-A
1951
—
2
99%
1981
series I
Mountain States
98%
99'%
98%
V.
J-J
gold 3s
St Louis Div & Term gold 3s_.
Constr
i
100%
93%
—
-i
Omaha Div 1st
10
99'%
J-J
3'/28_1953
1951
99% 100%
& fef 5s
101%
93%
—
J-D
—1951
Louisville Div & Term gold
18
•98%
;
128%
112'%
"7
«■
'
80
67
127%
5
118
♦102
.
r-a
1950
.»»:
Litchfield Div 1st gold 3s
Gold
J-J
99% 100'%
99%
M-N
Purchased lines 3%s
"
|
,
A-O
—1955
4s
71
71,
gold 5%s ser A—a.——1949
1st & ref gold 5s series H—1980
gtd gold 43—1991
Monongahela Ry 3%s series B—-1966
Morrell (John) & Co 3s debs
1958
Morris & Essex 1st gtd 3%s——2000
Constr M 5s series A
1955
f
101% 102
99% 101%
*
—1952
Collateral trust gold 4s
—
105
102
—
—1951
4s
gold 3Vis
i.
Moh'k & Malone 1st
Illinois Central RR—
Extended 1st gold 3%s
F
series G
ref 5s
A 1st
105%
102%
16
1965
1975
1977
1978
—
A Conv
t'
-
Telep 2%s series A.—1981
A—Jan 1967
;
ref 5s scries
A
Illinois Bell
General 4s
a 1st &
A 1st &
63%
13%
28
adjust 5s series
ACum
A
48%.
85
A-O
^1962
series A—-—
^Missouri Pacific RR Co—
A 1st & ref 5s series A
88
:
109%
107%
1
Prior lien 5s
102%
.79
41
ext 5s
40-^year 4s series B—i—'—;
1962
Prior lien 4'/its series D——1978
:
140%
89%
>
f
j-d
Feb 1957
»
137
-
102%
100%
102
T32
Af-S
J-J
i
1"
1969
1940
1
mtge 2%s
'
^
t
2%i—1970
Hocking Valley Ry 1st 4y*s
1999
IIAHousatonic Ry cons gold 5s
1937
MS
MS
Sault Ste Marie—
1st mtge 4%s inc ser A
Jan 1971
AGen mtge 4s inc ser A
Jan 1991
Mo Kansas & Texas 1st 4s—
1990
Missouri-Kansas Texas RR— ;
^
101
1
Hackensack Water 1st mtge
52%
39
4
-*-44
■
-
43
33%
«4<H»
102 y8102 y8
A-O
Minn Bt Paul &
•
»
•Household
i
1958
.—1979
Gas 1st mtge 3%s_19fl»
tSAMidland of N J 1st
72'%
MS
—1978
36
101%
1956
G_'_—
3s__
impt 4'/uS series C
&
1st
101%
56%
6
37
♦118
M-N
A-O
'3%S —i——
1st ^old
105%
86%
98
2044
45V8
50
112'% 112%
112%
a-o
2003
1980
3%s series F
ref M 2%s ser
Michigan Cons
'•
J-J
A—
mtge inc 4s ser B__
Gulf States Util 1st M 2Vis
'
42%
.
Central RR 4%s ser a:i960
coll 4s ser B
1954
Manati Sugar 4s sink fund__Feb 11957
AManila RR (Southern Lines) 4s__ 1959
May Dept Stores 2%s debs
1972
Mead Corp 1st mtg# 3s
—1968
Metropolitan Edison 1st mtge 2%s_1974
Metrop Wat Sew & Drain -5 %s—1950
*SAMet West Side El (Chic) 4s__l«38
-Michigan Central—
Jack Larts At Sag 3%s
1951
I
*63%
jTN
2003
>
1st mtge &
98%
94%
6
97%-
97
39%
31
*32 y8
US
Maine
]
129
17
88%
88
-
Feb,
1975
mtge inc 5s series
ref 3%s series D
'* 95%"
95
95
42%
27
39 Va
M
100% 104%
98%. 104%
117
82
28%
36
37
101%
124%
*99 : •101%
j-J\
-
Gen
2
25
101% 101%
j-j'
-1958
1st & ref 4s series S3—
16
131
Fn
.103%
115"% 17 %5
130.%.: 133%
'5
66%
90
I-
-
85%
77
101 '
101%
.■
ctfs B
.
7
124"% 125
.
j-j
—.
Greyhound Corp 3s riebs—
Gulf Mobile & Ohio RR A .-■}
-
J-j
1961
—
t
»
West, deb ctfs A.
ADebentures
!.
,
.
-
AGreen Bay A
f
_
25
—
131
101%
j-/:
1990
2000
1982
2010
nitge .3 Vis ser N
<
115% 116%
116
J-JV
1973
1976
:
General 4 Vis series D
Gen
101
*100%
3-D'
1952
C_„
series
5s
85%
101%
84%
M-S
Af-N
;2%a-190fl
Grays Point Term 1st sgtd "&s_
1917
6
35
*33%
1960
Atl Knox & Cine Div 4s
Co 1st mtge
(33 F)
M
St Louis Div 2d gold
General
Goodrich
70%
33%
MS
105%
105%
__
70
70%
34
1949
Lorillard (P); Co deb 5s_——
,1951
3s debentures
1———1963
stamped
1st &
-*105%
58
Af-S
1st
J-D
8
15
Louisville & Nashville RR—
1948
66%
70%
-
Realty & Utilities Corp—
conv
inc debs
;
1968
'
42%
Louisville Gas & Elec 3yaS
Gas & Elec of Berg Co none As
87
70
4s
65%
102
103%
.
82
64'/a
66%
r-A
Long Island unified 4s
Guaranteed ref gold 4s—>—1949
—
1958
84
"3
41%
Myers Tobacco 5s_
series A
f
82'%
83%
*128
Liggett &
87
83
Ka
a-o
5s!
Little Miami gen 4s
105%
100%: 103%
60',
72%
56
trust 6s
Francisco Sugar coll
103%
33
103
52%
52%
Af-S
1974
;
*102
J-D
_1959
1st 4'Vis.
^Florida East Coast
103% 104
103%
Af-N
88%
*84%
.
-
87
83
a-o
Lehigh Valley Terminal Ry ext
Lexington & Eastern' Ry 1st
101 Ya
83%
5s_1951
-1965
1951
1962
1949
registered
stamped modified-—
5s
t
modified—
stamped
4'/aS
105%
j.—
101%
99%
—
n
22
registered
'4%s
•
100%
jr-N
4s
101% y
98'%
3
99%
2003
2003
2003
2003
2003
'
105
M-S
—
!
91
75%
43
91
90
90%
j-j
100%
99%
*99'/a
103%
99%
96
Lehigh Valley RR—
4s stamped modified
94 V'a
87
2
*98%- 99 Vi
Af-S
1961
i
99%
Lehigh Valley Ry Cb NY 4%s ext-1950
»
88%
23
88%
j-j
81
102%
.»•
Firestone Tire & Rub 3s deb
;
105%
3%
1%
3
—
—
i
99%
99%
JS
—1971
3 Vis
mtge
59%
38
66%
*—
A-O
99%
r-A
1
i
stamped
5s
Leh Val Harbor Term
65%
661/4
j-J
2015
series A—
1964
mtge 3'%s ser E
1990
mtge 3Vis ser F
2000
mtge 3Vis ser G—._
—1953
mtge 2s ser H
cons
1st
112%
Co—
Inc 4Vis
mtge
cons
1st
A-O
A-O
J-D
*
sink fund
ref
&
5s
106%
104%
Dm
mtge 3%s scr A
1st & ref sink fund 5s
105
109%: 109%
A-O
*101%
1975
mtge income reg
1st
105% 105%
105%
Af-S
1965
1st 5s
& S'western
El Paso
"4
1%
Lehigh Coal & Navigation Co—
*150
1970
1%
Nitrate Co Ltd—
121
118
__
1%
J-D
registered
3%s
Lautaro
5s stamped
Bast Tenn Va & Ga Dlv 1st 5s.
104 '/a
.1997
1997
3%s
St Mich Sou gold
Lake Sh
101 ya
12
103% 103%
a-o
Jf-0
i
Vi
S F
(NY)
104% 105%
»
104
—
*184%
A-O
187
112y«
J-J
—
112%
102%
180
*112
J-J
1961
1997
1964
1959
Lehigh Valley Coal Co—
1st & ref sink fund 5s__
Elgin Joliet & East Ry 3 Vis
108
102'%
1961
94%
100
4
j
69
*
00
91%
100% 100%,
j- j
tSADul Sou Shore & Atl
68%
107
35
i
123%
53
57%
107% 107%
J-J
:
Plain
High
54
103%
Low
r''
January 1 :
No.
109%
j-d
Sold
122
•
J-J
unguaranteed
Kings County El L & P 6s_—
Koppers Co 1st mtge 3s
JAKreuger & Toll 5s ctfs
73%
69
High,
*123
J-J
1987
1961
1961
Range Since
Bonds
Friday's
or
Bid & Asked
LOW
59%
38%
.70%
Sale Price
High
M-3
debs-
Chemical 2.35s
48
Last
Period
4%s
1961
& Tunnel 4Vis
Detroit Term
Det Tol & Ironton RR
Interest
-
New York Stock Exchange
t.
.
J
1995
gold 4s
49
Week's Range
Friday
Bonds
Friday's
Low
1
Apr
1970
gold 4s 1995
series H
3s
Detroit & Mackinac 1st lien
12
Central gold 4s
Kentucky & Indiana Term 4%s
G—1966
Gen & ref mtge 3 Vis series
RECORD
september
Kentucky
•
Dow
or
Bid & Asked
& Rio
Denver
A
ending
Week's Range
;
Sale Price
1
,
Last
Period
Stock Exchange
week
for
range
New York
BOND
YORK
NEW
31
(1071)
94
fe7
73%
82%
61
94
90%
81%
74% ]|
-f
72% rj.
77
101%
97%
;f
'
32
(1072)
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW
YORK
RANGE
Friday
4
BONDS
New
York
Stock
Interest
Sale Price
or
Friday's
N
Connecting RR 2y8s ser B—1975
Y Dock 1st gold 4s
1951
N Y & Harlem gold 3%s
—2000
Mtge 4s. series A
Mtge 4s series B
*
N
Y
Lack
4'/is
&
98
—
F -A
•100
Af-N
B
96 y«
101 vk
99%
103
]
Sale Price
103
♦104
Af-N
Af-N
108
110
tAProvidence
69%
69%
•75
66
77
—
1964
80
85%
28%
52%
1947
Af-fl
50%
50
51%
93
1947
Af-0
497/8
49
50 y4
41
27%
28 Va
3%s
1954
A-O
49%
49
50%
1955
J -J
51
49%
5iya
230
1950
28 Va
Af-N
50%
50
52
246
28
1968
J -J
49 y4
50%
129
28
51
J-J
54%
53%
55%
416
30%
1940
A-O
80%
80
80%
71
53%
1957
12
12
13
68
9
52
51
52%
391
29
53%
&
1st &
6s
ref
4Vis series of
ref-4s
1927—1967
A—
ser
•
J-D
2007
J-J
67 Vi
67
67%
623
67
35
34%
36 y8
714
34%
13
*__
100
II
*113
J-J
"I
12
II
*110
1972
Af-N
*107
2037
J-J
J-D
*237%
17
109%
*160
2037
19
07%
104 Va
General
4s
1956
:
Y
Steam
Corp
2%s_1976i
4s—1993*'
1977
1st 3Vis
1963
IN Y Susquehanna & Western RR— •
{1st
refunding 5s
tA2d gold 4Vis
1A General gold 5s
tATerminal 1st gold 5s
t§AN Y West & Bost 1st 4%s
Niagara Palls
Power
Norfolk Southern
1937
3s
1997
8
23
3
65
8
59
'
105'/a
105
108 %
111
107
108%
162
'164%
237
—
77
35
33
35
*—
107
A-O
A-O
242
♦82
12%
12%
38
29%
33
12%
"9%
84%
44
108% 108%
M-S
J:{ARutland
impt 4 Vis
&
&
3
J-J
J-J
1975
M-S
1974
—i.—
Northern States Power Co—
(Minn) 1st mtge 2%s
F-A
A-O
23/4S
2%s
Saguenay Power 3s
St Lawr
1977
&
gold
Adir
A
ser
St L
33%
48%
130%
126%
St
128
109
1st
128
105% 108
68
19
101
2
99
103%
69%
78
>
mtge 2%s
Oklahoma Gas &
Electric 23/4S_—1975
Oregon-Washington RR 3s ser A—1900
60%
109%
4s
ref
3s
series
ref
3s
series
ref
inc
bond
3s
series
ctfs
tSt Paul
76%
72%
81
Seaboard
102%
102
102%
94
99%
103%
102% 102%
5
102%
104%
21
Seagram (Jos E) 8c Sons 2%s debs_1960
101%
104 %
Shell
5
100 y4
101%
t§ASilesian-Am Corp coll tr 7s
Skelly Oil 2%s debs
101% 102%
100 J/4100%
11
A-O
11
12
11
*104% 105
105
100% 100%
8
99% 100
105
100%
3
104% 105%
108
108
J-D
*__
99%
24
104 >/a
107 y4
J-D
»„
107%
♦108'%
Air
Line
RR
Union
Oil
2%s
Nor
series
M
1st
&
1979
ref
3s
series
J-D
N
3s
19
&
1977
ref
J-D
107
1955
Pennsylvania-Central Airlines—
3'/a
s
inc
conv
Pennsylvania
Gtd
4s
1st mtge
-—1960
Co—
series
Power
&
Light
3s—
106%
J-D
101%
101% 102%
101% 101 ya
J-J
A-O
41
104%
Af-N
*„
J-D
♦100
A-O
1965
A-O
4s
1948
sterl
stamped dollar——1948
sinking fund 4l/2s
1960
Cons
General
General
4l/aS
5s
General
Gen
series
series
4y4s
mtge
Conv
.Gen
4y4s
deb
104%
series
43 %
22
41
103%
107%
106%
104
104% 1047/a
103% 103 7/a
104%
5
10
4s
102
102
1985
1987
10
116
1
117%
ser
1994
(Oregon Lines) A
1977
100
104
A-O
100 y4
100'/a 101
J-J
47
100
99% 100'/a
1007/a 101
76
99%
64
99 %
A-O
101
J-J
Apr
F-A
1974
Af-S
90%
65 y2
A-O
Apr 1990
90%
65 y2
5
1
*16
18%
106% 106y4
104%
90
5s
series
B
1974
General gold 4y2s series C
Philadelphia Co coll tr 4y4s
Philadelphia
1st
8c
Electric
ref
1st
8c
&
ref
&
2%s
2%s
2%s
ref
1st
ref
1st
1977
104% 104%
1981
Erie,2%s—1990
1949
1953
—1957
Cons gtd 4s series H
Cons gtd 4%s series I
Cons gtd 4%s
series J
5s
di Louts KR—
series A—
1st mtge
1st
Youngstown
1st
gen
gen
1st
gen
1st
gen
For
4s
5s
81
series
series
109%
107%
A-O
see
103%
J-D
1958
I960
J-D
F-A
1974
J-D
-1977
33.
J-D
102%
105 V4
103 %
105
14
93
2
98
102
108
103%
98%
100%
126
126
109 %
98%
2
106
100%
24
100
10
102%
M-N
96
Af-N
93%
94%;
96
92
J-J
*__
J-J
92
96
A-O
J-J
95%
A-O
1950
gold 4s
y4
117
1958
83
74
85
92
94%
102% 103 Va
J-J
1996
y4
99%
1961
5s
84
98%
J-D
1951
1st
&
New
Orleans
8c
&
Texas
'•
Pacific
ref M
1st
49
6
92 %
104%
103 %
97
'
90%
102%
83 %
98 %
83%
100
100
104
88
92
94%
82 Va
85%
89%
5
91%
117%
6
116%
96'/a
28
94%
128
91
103%
108% HO
8
103%
116%
115% 116%
5
110%
121
*112 y8
J-J
103
A-O
100%
Apr
*49
Jf-N
103 y4
F-A
112
—
97 Va
117
_4
103
105%
20
103
100% 101%
100%
104%
52
45%
56 Va
10
103%
106 Va
46
103% 104%
97% 98%
97%
99%
J-J
*__
103 %
101
103%
J-J
*101
102 y8
101%
103%
2019
J-J
127% 127%
12
1985
A-O
104
104
104 y4
25
104
106%
1965
Jf-N
105%
105% 106 y4
10
105%
107%
98%
103 Va
RR—
gold
3%s
1970
ser
Pacific-Missouri
A-O
100
100
1990
J-D
137
1985
E
A-O
2000
5s
J-J
1
102 % 103%
96 y4
96 y4
6
137
5
34
Pacific—
Term RR of New Orl 3%s
1974
Third Ave Ry 1st ref 4s
1960
A Ad J income 5s
—Jan 1960
Tol 8c Ohio Cent ref 8c Impt 3%s_1960
Trenton Gas 8c Elec 1st gold 5s
1949
Trl-Continental Corp 2%s debs—1901
*
J-D
103 %
80
80
82%
23
A-O
47
47
48%
109
*
99%
96
99 %
130%
137
101%
105
103
—
J-J
J-D
129
127
104
100%
80
47,
,
70
Electric
Co
of
6
96
Jf-8
104% 104%
1
104
100%
105%
M-8
*100% 101 Va
101
102
104 7/a
100%
102 Va
102%
10b
10b
109
115%
118
'47
3%s_„ —1971
112%
,
110 Va
110%
HOVa
*—
104
103
A-O
1967
J-J
103 % 103%
.1970
J-D
102 Va 102 Va
Oil
2%s
of
Calif
3s
deb
-
debentures
.1976
F-A
104
1991
M-8
96
—1966
Ref mtge 2%s series C-.—
United Biscuit 2%s debs
U S Rubber 2%s debs
104 Va
34 %
A-O
104
96
105%
96
44 Va
10
102 7/a
105%
8
102%
104%
23
103 %
106%
15
96
98%
121%
118
no y8
A-O
1945
119%
2%s
debentures
—1976
101% 101 Va
M-N
1967
*—
Universal Pictures 3%s debs.
—
M-N
1975
2%s debentures—
Union Pacific RR—
99
5
Mo
1st mtge 8c coll tr 2%s
*5AUnion Elev Ry (Chic) 5s—
11%
97%
A-O
.—1959
g 4s series A—1955
series B
1)957
99%
M-S
5
101 Va
103 %
97 %
1
97 %
100%
99 Va
15
99 Va
100 Va
100 Va
4
99%
102%
Af-N
5
108%
107%
93%
103%
102%
1037/a
Virginia Electric
100%
104
102 Va
105%
1st & ref mtge 2%s ser E
1975
Va Iron Coal 8c Coke 1st
gold 5s__1949
Va & Southwest 1st gtd 5s
102%
105%
100
121%
12
51
■
--
—
127 Va
Vandalla RR
Cons
s
f
4s
cons
1
75
84%
2
73
84%
84%
1st
cons
73
F-A
108
109%
Power Co—
5s
M-S
1958
ser
103
103 Va
104%
99
A-O
1995
B
*__
99
98%
100 %
*108
111
107%
Af-S
J-J
M-N
*102 Va 104
HI
100% 106
104% 106%
91%
8
&
2003
Virginian Ry 3s
86%
84 %
91%
*101% 102%
*
117
*120
♦118%
—
,
99%
u
Union
Union
86%
84%
M-8
J-J
Div
106
1996
gold
cons
14%
102%
10
—
103% 103%
*103% 105
1st
8
—
—
*103ya 105
Ry
9
*
1
—
page
105%
6
A-O
1948
-1962
-
51
*82
105%
103%
94%
J-D
A-O
103%
103 % 103%
M-N
1959
B_^
99%
51
126%
3
108% 109%
107% 109
94
J-D
Ashtabula Ry
5s series C
4%R series D
footnotes
J-D
1950
A
97%
108%
119%
•119%
130
120
—-
110
•118 %
A-O
J-J
109
123%
105
105%
—.—
110
*~
109
1970
1965
1950
4 %s series A
mtge 4%s series
B—-
1st
Af-N
13%
•—
1975
1st mtge 4%s
Regies C
Pitts
J-D
Af-N
Virginia Ry
93
102% 102%
102%
J-J
A-O
Gen
106%
2
102% 102%
F-A
Coal—
98%
1986
1st 8c ref M 3%s ser B
& ref M 3%s ser C
101
2
'
13%
102%
1975
Consolidation
8c West
F-A
mtg3%s serA_1975
1st
103%
13
102% 103%
99% 99%
F-A
mtge 3%s_1964
94 Va
„
100
1950
Texas
39
100 %
~i
103 y4
102%
J-D
1964
3%s debentures
Pitts Steel 1st
mtge 4%s
1st mtge 4%8
series B—
Pittsburgh
F-A
1963
Gen mtge 5s
series B
Pittsburgh
13%
—
1960
at
Gen mtge 3%s
ser
E
Plttsb Coke 81 Chem
1st
*__
*
Cons gtd 3%s series
E—
Cons gtd 4s series F.
Cons gtd 4s series G
mtge
103% 103%
J-J
Pgh Cine Chicago & St Louis
Ry—
Gen
120% 120%
106% 106%
♦102% 103 %
J-D
1937
1964
76%
15
106
F-A
1994
Texas
75%
106
18
104% 104%
M-N
M-N
Phillips Petroleum 2%s debs
L
106%
J-D
.1967
—1974
2%s——_—
101%
58%
117
X
118%
12%
2
♦123% 126
J-J
J-J
1971
*
,
t{ A Philippine
Ry 1st s f 4s
A Certificates
of
deposit
Pgb Clnt Chicago
F-A
1961
Co—
Pittsburg Bessemer 8c
1981
1st
imp M 4s ser C
Ref & imp 2%s series D
Texas Corp 3s deb
118 %
59
— -
Phila Bait & Wash RR Co—
General
1969
4%s
Ref &
107% 125%
1980
99%
24
67 y4
Terminal RR Assn of St Louis—
103%
61
D
45%
106 Va
130%
97 y2
*101% 102%
98% 99 ya
J-J
„
Standard Oil of Calif 2%s debs—1966
3taadard Oil (N J) deb 2%s
1971,.
Sunray Oil Corp 2%s debs
1966
Swift & CO 2%s debs
1972
122%
118%
104% 105 y8
1984
..
32%
106%
129%
*126
J-J
St Louis
104
1981
Pekin Union Ry 5%s
98%
105
101%
101 n
5
101% 101%
117% 117%
F-A
1960
Marquette Ry 3%s
21
—
106%
103
107 % 109
cxt
Income 4s—
Pere
Af-N
Af-N
107%
1985
J-J
A-O
Southwestern Bell Tel 2%s debs—1985
ASpokane Internat 1st gold 4y2s__2013
104%
104%
1952
,
97 y4
97%
J-D
Memphis Div 1st gold 5s
108
104%
—
J-D
E
%
65%
F-A
& gen 4s series A
Devel & gen 6s series A
Devel & gen 6y2s series A
67
J-D
F
ser
105
51
A-O
1979
Devel
106%'
1968
D__
88
78
97 %
1965
debentures
Southern
104
1965
3'/4s
Eastern
Peoria &
A—
B
series
mtge 3Vas
Peoria &
A
4s
66 Va
1976
1st mtge 2%s series F
1st mtge 2%s ser G
106%
104
104% 104%
43
104
103
*104
Af-S
10W %
101
1
2
109 Va
101%
16
103% 103 %
109
107
1
109%
106%
13
107
108%
107
J-D
—1975
RR—
gold
43
100% 101 y8
J-J
1963
Pacific RR Co—
1st mtge 2%s ser E
109
-
Consol
42%
J-D
1941
debentures
Southern Indiana Ry 2%s
Southern Pacific Co—
103
107
A-O
Co—
f debentures
s
Pennsylvania
J-J
43
1971
Ala RR gtd 5s
57 Va
104%
83
114
*129% 131
1996
2%s
E
trust ctfs——1952
Glass Sand 3y2s
,1980
Pennsylvania
Pennsylvania
3s
debs—
58-1949
*106 y4
M-N
Co—
debentures
2%s
103%
106%
106% 106%
1st
gold 4Vis
Paterson 8c Passaic G & E
cons
F-A
A-O
2016
92%
100%
86 %
1941
debs
79%
37%
87%
83%
1989
mtge 4s ser A
AGen mtge 4%s ser A
87'
230
90
92
100 V*
97
'
"112
1971
1st
107%
108%
'
3s
1988
86
Southern
J-D
1985
*86
J-J
Kansas
103%
,
90
104% 104%
J-J
94
ref
Tel
M-N
25
&
Pacific
51%
1989
1
86
48%
100%
1974
2%8 debentures—.
Paducah 8c 111 IstTs f
85%
50%
104
J-D
1981
105 Va
81%
99%
85
101
1960
2%s series P
8c Tel 2%s debs
104
_
J-J
92%
1st
'
13%
15%
4
J-J
90%
1970
L
110
^ 59 '■
41'
8
82%
1997
5
61
1971
K
'K^
43
104
99%
J-D
San Fr Term
J
J-J
Nov 1989
Gold
&
110
108%
a
8
9%
2022
Ry—
certificates
bond
4s
1st 4%s
8t
10
*88
1955
Gold 4%s
81
9%
*__
22
96 Va
68
101
F-A
1st
J-J
104
97%
97%
4-0
1st
—
10 %
A-O
102 y4
100% 102 ye
♦64y4
J-J
1975
1st
—
55%v'55%
M-S
City—
{AShort Line RR gtd 4%s
St Paul Union Depot 3y8s B
Scioto V & N E 1st gtd 4s—
M-S
Pacific Gas 8c Electric Co—
1st 81 ref 3%s series
I
,
Southern Bell Tel & Tel Co—
1948
1974
„
*
Af-S
AGen & ref gold 5s series A
1990
St Paul & Duluth 1st cons gold
4S-1968
113%
8c Lake Champlain Ry—
1st
99%
105
108
—
J-J
J-J
Louis-Southwestern
South 8c
tOgdensburg
,
*108%
1996
Socony-Vacuum Oil 2y2s
A 1st
guaranteed 4s—
Ohio Edison 1st
mtge 3s—,
M-S
1996
:
126%
68
4-0
94
102%
*128
*106
1971
1st gold 5s
6s
132%
103
101%
3
15%
26
107%
124
J-J
25
103%
40
25
♦110
2047
A
1941
47%
46%
M-S
2047
series
4%s stamped
92
9
;
129
2047
impt 5s series C
impt 5s series D
RR
133% 134 y8
•—
1975
8c
Ref
98%
102
M-S
Rocky Mt & P 5s stpd
St Louis-San Francisco Ry Co—
1st mtge 4s ser A
2nd mtge 4%s per A
*
46 y4
105 y2
98
102% 102%
Jf-N
1967
mtge
20%
84
13
M-S
Q-J
Q-J
Q-f
Q-A
1997
Jf-N
27
34
12
12%
134
102% 102%
M-S
Gen
103 V»
105
"7
105%
102%
1967
3y4s series J
1969
48AR4 Ark 8c Louis 1st 4%3——1934
i A Rut-Canadian 4s stpd
1949
5%
102% 104%
-67
J-J
1977
14
103%
M-5
2047
mtge
34
4'/a
mtge 4%s series D
Gen mtge 3%s series H
Gen mtge 3y2s series I
A 2d
1
Ref
1st
67
Af-N
J -J
Jan 1 2047
Ref
(Wise)
—•i
Co—
3s
-Coll trust 4Vis
-
f
F- A
1900
4s
1st mtge
J -J
J- J
1943
registered
'
9%
3%
•100%,102
Gen
2d
registered
lien
A-O
F-A
Northern-Pacific Railway—
4s
9%
"4%
,
J-J
1940
3 Vis
Ry
99% 100
M-8
1937
mtge 5s conv inc
2014
Norfolk & Western
Ry 1st gold 4s_1990
North Central gen & ref 5s
1974
Gen & ref 4Vis series A
1974
Prior lien
99 Vi
J-D
Af-S
1940
A Gen
General
Af-N
.1964
Reading Co 1st & ref 3%s ser D—1999
Revere Copper 8c Brass 3%s
1960
Rochester Gas & Elec Coip—
38 %
A
•
13
Af-S
1968
Quaker Oats 2%s deb-
70
J-J
N Y.Power & Light 1st
9itge
N Y & Putnam 1st cons
gta
N Y State Elec & Gas 2%S
-
101%
107%
52
mtge inc 4Vis ser A
__2022
4 A Harlem River 8c Port Chester— 1st 4s
1954
*AN Y Ont & West ref 4s___June 1992
:
High
98%
106%
20%
trust
4s
Gen
1
Low
80%
M-N
A 1st
.
Af-N
1956
56%
tACollateral
-
January 1
No.
52Va
49%
1948
ADebenture
i
F-A
1957
1st & ref mtge 5s
1st 8c ref mtge 8s
Range Since
Sold
J-J
1977
4s
Bonds
High
51 %
deb
AConv dob 6s
,
Range
Friday's
*iooy4101%
51
128
Terminal
Public Service El 8c Gas 3%s
1st & ref mtge 3s,
;
>
68%
ADebenture certificates 3Vis
1
or
Bid & Asked
J-J
1966
1st mortgage 3y4s
t A Providence Securities 4s
ANon-conv deb 4s
N
Last
Period
APittston Co 5y2s inc deb
Potomac El Pwr 1st M 3 Vis
♦103'/a 112 Vi
J-J
Week's
Interest
110%
ANon-conv deb 4s__—
'
Friday
BONDS
New York Stock Exchange
Low
ANon-conv deb 4s
ANon-conv deb 3Vis
*
12
High
ANon-conv
*
RECORD
SEPTEMBER
103%
J-J
IN Y New Haven & Harford RR—'
30
1023A
1973
'
Low
♦101
1973
A
No.
98 '/a
2043
series
4s
BOND
ENDING
Range Since
January 1
Sold
High
2043
West
series
A-O
Bonds
Bid & Asked
Low
N Y
WEEK
Week's Range
Last
Period
Exchange
FOR
Monday, September 15, 1947
,
101%
105
92
105
105 7/a
35
W
103
116% 117
Wabash RR Co—
Gen mtge 4s inc
ser
A
Gen mtge Inc 4%s ser B
1st mtee 3%s ser B
Jan 1981
Jan 1991
1971
Apr
Apr
Apr
83
►
83
80
83%
98
98%
80%
32
95%
94
92%
102%
-166 ' Number 4629
Volume
THE COMMERCIAL &
FINANCIAL CHRONICLE
(1073)
NEW
YORK
RANGE
FOR
bonds
or
Period
Friday's
(Hiram) G & W 2%s debs_1966
Walworth Co conv debentures 3%s_1976
Ward Baking Co—
5%s debs (subordinated) __
1970
Warren RR 1st ref gtd gold 3V2S—2000
Washington Central Ry 1st 4s
1948
Washington Terminal 2%s ser A—1970
Westchester Ltg 5s stpd gtd
1950
M-N
Telegraph Co—
Funding & real estate 4%s
25-year gold 5s
|»
F -A
107'A
*53'/2
J-D
Winston-Salem
107%
^Wisconsin Central Ry
§ A 1st general 4s
50
60
100%
■
—
103
110%
•
13
102%
102 V8 102%
106%
101%
101% 102
101'/a
Sale Price
11
101%
or
Friday's
mortgage 3s
S
B
Certificates
1958
1st 4s
of
A-0
i960
Bonds
Bid & Asked
January 1
No,
Low
High
103%
105%
116'A
118%
103% 103%
*116%
J-J
15
..
1949
J-J
66%
deposit
Certificates of deposit
Wisconsin Electric Power 2%s
70%
*-,
iisi
A
Range Since
Sold
High
39
60
82 %
83'/a
66
20 %
15%
20%
.
*19%
75%
24%
18
„
21
106'/a
106
J-J
May
1st
109%
28
Week's Range
Last
Period
5 ASu & Du div & term 1st
4s_..1936
113%,
105% 105%
106'A 106'A
A-0
A
101%
102
,
,—
*110% 113'/a
J-D
Wilson & Co
■
__
*101 '/2 103
Friday
Interest
Exchange
Low
100
105%
58
*100'/2
F- A
—
Stock
100%
94
--
New York
High
98%
—
97
*107
Q-M
Low
BONDS
January 1
No.
100
*95 >/2
A-0
1967
West Penn Power 3%s series I
1966
Western Maryland 1st 4s
1952
Western Pacific 4%s inc ser A—2014.
RECORD
SEPTEMBER
Range Since
Sold
High
*99
Af-N
mtge 3%s
Gen
Bonds
Bid & Asked
Low
Walker
ENDING
Week's Range
Interest
Stock Exchange
New York
BOND
WEEK
i—
,
33
6
105%
107%
Wisconsin
Public
Service
1976
J-D
1971
3%s
J-J
100% 100 %
5
100'A
102
108% 108 y8
108%
18
108%
109 >A
Western Union
1950
Westinghouse El & Mtg 2%s
2%s debentures
3'As
94
93
94'/2
92 '/e
,
93%
95%
76%
Yonkers Elec Lt & Power 28/8s
93%
101%
103
102 Vb
18
101%
103
62'/2
62
&
64%
not
44
57
76%
63
10
55%
72%
104%
106%
100
102%
*104%
J-D
*—
M-S
__
*~
100%
__
101%
101'A 101 '/a
J-J
J-J
Included6 mr7hedvear'sryraSnie
61'/a
MS
Af-N
1976
95%
75
8
102
M-Q
1967
79%
54
91Va101% 101%
MS
1970
22
69
89
J-J
1992
D
ser
91
2361
1949
Wheelinsr Steel 3VaS series C
mtge
93'/a
J-J
2361
Registered
Wheeling & Lake Erie RR 4s
Gen & ref M 2%s series A
1st
MS
1971
4s guaranteed
1st
Shore
West
M-N
1951
1960
1951
5s
30-year
.
101%
5
thA
the
108
101%
lnctuded^n
pound
101%
unit
*98% 100
,the ?ear's
rRnP«-
j/arTrange fEx-cou^on.
tee
*nClUC'Cd
101%
100
d Ex-interest.
•
Odd-lot sale not
the sear'" ran8»' rCMh
*mpa*red by maturity.
tThe price represented Is
the dollar quotation per 200Accrued interest payable at the
exchange rate of $4 8484
bonds.
of
rSSpv AM°idsecurities assumed
a,nSLng ln ban^ptcy- receivership,
or
by such
Bankruptcy Act,
or reorganized under Section 77 of
companies.
A^onds'seUtogaflataSked prices'
no sales beinS transacted during
current week.
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
in
footnote
a
ln
In the
and
the
deferred delivery
week
in
which
sales
they
following extensive list
disregarded in the
are
No
occur.
account
furnish
we
is
AND
YEARLY
week's
taken
range unless they are' the only
such sales in computing the range
of
RECORD
transactions of the week, and when selling outside
the
for the year.
8
16
regular
eg
weeklv
ranee
are
shown
nr *etkly rangt are 'snown
a
complete record of the transactions on the New York Curb Exchange for the
week beginning on
Saturday
Sept. 6, and ending the present Friday, Sept. 12. It is compiled from the daily reports of the Curb
Exchange itself, and is intended to include
every security,
wnether stock or bond, in which any dealings have occurred
during the current year.
RANGE
Week's
Friday
York
Curb
Exchange
Range
Shares
Low
High
Low
Acme
Wire
Adam
Hat
Co
common
Stores
Inc
:
~4%
100
~7%
"7%
100
2%
2%
2%
1,800
2%
2%
2%
700
23
~1
—i
1
...
>
Supply Mfg capital stock——1
Surpass Shoe Stores—
-*
Ainsworth Mfg common..—
Air Associates Inc (N J)
Air
Investors
Electric
Airlines
Alies &
Fisher
13%
!
8
»
3%
3%
300
1%
1%
3%
1%
Sep
3%
6
50
1,000
5%
6
1,700
—
47/a
81
__
100
105% 105%
1
4%
1
common
6%
3%
4%
67/8
25
7
5
18
Altorfer
800
»
3
common
America
Aluminium
Ltd
Bellanca
5'A
Jan
Bell
9
Jan
Benson
*
common
preferred
54%
18%
54
4,100
100
Tel
32
29%
32
172
Bantam
American
Beverage
Car
1
Co
2%
American Book Co
2%
Jan
Bickford's
Jun
Birdsboro Steel Fdry &
Blauner's common—
5%
11%
Jan
—
Class B
.
52
23
Feb
Feb
Blumenthal
Jan
Bohack
Feb-
7 Vo
Jan
Apr
J an
25
80
105%
22%
32
2% May
5
Feb
3% Mar
,Jan
5%
l
—
5%
5%
50
1,100
Mar
4 %
American & Foreign Power warrantsFork & Hoe common.*.
*
Ik
1,600
19%
19'/a
20
37%
39%
38%
7,800
37%
Jan
75
110%
Apr
%
American
.10
preferred..
100
American General Corp common—10c
$2
convertible
preferred
Laundry
Mach.
preferred
42%
42%
250
18
20
33%
33
18%
18%
33%
200
18%
^
2,700
American Maracaibo Co
2
American Potash & Chem class A
Class
B
*
.*
Republics
10
American Seal-Kap common
2
Amer Superpower Corp com—__—10c
...
*
preferred
37%
24%
32% July
17% July
May
4
~1
54
2
7%
Bruce
43
Products
Angerman Co Inc
.—
1
common
>■
-
■
—
Anglo-Iranian Oil Co
Amer
23%
...
Angostura-Wupperman
Apex-Elec
1
Manufacturing Co
500
42
May
1,000
.
63
Appalachian Elec Pwr 4%%
pfd— ..100
Argus Inc
1
Arkansas Natural Gas common
Common class A non-voting—r_
8%
Burma
9% Jan
Apr
7% Jan
600
900
6
6%
200
5%
6%
preferred
Arkansas Power & Light $7
Laundries
Associated Tel & Tel
of
6%
10%
3 %
7%
X112
May
Jan
Jan
4% May
1.800
5%
7,700
11
-
3
% May
3% May
10%
Jan
110%
200
—-
•
10%
12 '
12%
9
~"%
America-
class A
■
-
10%
12%
"
800
•'
Jun
9% May
10%
1,600
100
9
7/b
%
——
III
4%
•
5%
200
Cable Electric
6%
.25
—
«»«•
24
July
Feb
10% Feb
5%
114% Mar
8'/a Feb
7%
preferred
_*
47%
rets
30
6% July
114
14%
Aug
Jan
10'/a
Jan
6'A May
14% July
200
22
'
Feb
36
Feb
25
Jan
21%
Jan
20%
Feb
4%
Feb
Jan
20'/a May
100
2%
23
X20%
200
21%
20
1%
2,900
.
7%
'
8
41
200
27% Mar
2% Mar
500
40%
Sep
July
1% May
15 % May
23% July
11%
H
11%
17
16%
17
"%
""%
3%
3%
"I
3%
200
9
Feb
32
Jun
47
Jun
25
40%
..1
3%
Fire
Canada
Bread
Co
Feb
26'A
Feb
10%
Jun
12%
Feb
5% May
2,500
15% May
19% Mar
14% Aug
5,300
10% May
7/a Jun
1,400
3% May
12% May
300
l'/a Mar
Feb
7
}3'A Aug
3%
100
—
2%
7%
8%
2%
3
900
Convertible
7% May
2l'/a
„5
,11
11
Class
A
voting—..
B
100
non-voting—
Industries Ltd—
11% July
9% Feb
Carey Baxter &
1
Marconi
1%
"1%
1%
4,400
Carnation
Co
Feb
Carolina
Feb
Carr-Consol
9
Jan
"7%
"7%
300
50%
49'/a
50%
220
~8
"7%
1%
7,500
III—1
Aug
51%
31%
500
Feb
7% Feb
.
Amer
-
1,200
•
.37% May
&
Light $5 pfd.
Biscuit
Co..
40%
100
40'A
Jun
—
_2s 6d
dep rets B ord
(J W)
27
Jan
Casco Products common—
53
Aug
Castle
10
.....1
Co common
Carter
(A M)
3.50%
48%
Power
Feb
16
50% July
42% Jan
May
May
22
May
6
32%
.10
& Co
Apr
—
pfd_.
Central & South West Corp—
Jun
3
Jan
45
Mar
Jan
10%
July
32%
Jan
51
Aug
Feb
119
July
Sep
20
Jan
3
Apr
Mar
6%
43%
Jan
7%
Feb
Apr
11
6%
May
9
32'/a
50
30
May
43%
Feb
9% May
17 Via
Feb
96%
Feb
100
88%
88
88%
19
19
19%
99
100%
inn
165
6
10%
1
Jan
9
10%
Central Ohio Steel Products
Jan
15
100
10%
Power Co—
preferred—-
Jun
1% May
15%
800
10
..1
Corp of America
Maine
0% May
9 '/• May
115%
Carreras Ltd—
5% May
Jan
26
23
10
common
July
7
10% May
24'A Jan
20
1% July
-
Kennedy Inc...
common—
37
100
Jan
May
34 %
*
Capital City Products
63
Feb
23% Mar
165
i
100
preferred
Carman & Co
Jan
Jun
20
Alcohol—
Class
Canadian
Mar
5%
26
20
preferred
Canadian
8
10
22
—
Industrial
Apr
3% May
5%
Apr
3% Mar
2% May
Canadian Canners Ltd
24% May
-w
Jun
1,800
common.
preference
Canadian
Feb
4%
2% July
6% Jan
Ltd—
Canada Cement Co Ltd
6 % %
7%
8
-1
Insurance.
Camden
12% July
Jan
3%
-1
Central
40%
5%
26%
33
N 10
20%
1%
50c
Power
Mar
;
—
-
12 %c
—25c
Corp...
Central Power & Light 4%
.
Jan
Jun
14% Aug
14% Aug
1
rets 5%
Tungsten
7,500
— —
47
1
5
Electric
Callite
6% July
11% July
B
a:—.,
Feb
20
4
300
,;ioo
-£l
Catalin
Babcock & Wilcox Co
Baldwin Locomotive—
8 %
15%
8
15%
Jan
23
*
pfd
Calamba Sugar Estate....—.
11% May
1% Jan
5% Aug
—
51
15%
Feb
Jan
500
*
Products common-
3,500
6%
——
..1
Corp
——
500
5%
37
17%
22%
Wireless—
American dep
5%
—
—
..5
common
12%
Jun
May
17% May
12% Aug
*rt
California
"
——
~8%
—..1
common
Corp Amer dep
30%
5
29%
700
10c
Ring Co
50
5%
30 %
5»/b
18%
_£1
£1
Ltd
Mills
Jan
% May
1,300
■
5%
—
Jan
Apr
14 %
20%
Distillers—....
Sep
9
.50
preferred
Collieries
-5%
5%
Apr
55
132
May
'
1%
Automatic Products.
Automatic Voting Machine.
Ayrshire
300
11
-£l
Corp
Sons
S40
5%
.
Atlas Corp warrants
Atlas Plywood
&
113%
•5%
5%
1
Atlantic Coast Fisheries..
Atlantic Coast Line Co
Avery <B F)
400
Jan
«
I~2.50
Associated Electric Industries—
American dep rets reg__
......
Associated
~5%
pfd—.
Equipment Corp
Ashland Oil & Refining Co
300
9y8
5%
...10
Aro
"5%
113
113
15
May
Feb
Jan
21%
12%
—
Biscuit Corp
(P H) common—
Butler
Feb
May
9
8
9
1
14%
37% May
Jan
Jan
Feb
5%
x7%
"5%
10
4
Feb
4% Aug
7% Jan
16%
~9%
11%
Jftn
£1
1
11%
6% May
May
7% Jun
Feb
1%
5
6%
Jan
24% Mar
7% May
50
1
Co common—.—
Piston
Burry
Jan
6%
Apr
Ltd—
dep rets ord reg._
Jun
,3%
3
116
5%
Buckeye Pipe Line
*
Sullivan...—....—2.50
Burd
Feb
Aug
Silk
Cables &
Post
45
12%
Bunker Hill &
Feb
43%
(E L)
Bruck
Sep
I
4
8%
1%
Anchor
4
400
—,———*
Rubber Co
Brown
Feb
11,000
1%
4%
5
.,200
4%
55
54
American Writing Paper common
1,900
(4
f
1
Co..
ord reg
dep rets
Forman
Brown
Jan
Jun
29% May
16% May
10%
10%
45
*
Class B__
Feb
Sep
-32
25
American
Amer
24% July
800
10%
♦
British Columbia Power class A
18% Aug
48%
33%
5
.
3%
Jan
18
35%
Sep
British Celanese Ltd—
Jan
Jan
34%
300
1
4
Jan
35
17'A
Feb
May
400
33 %
.
.
43%
113
48 %
33%
Jan
Feb
23
Tobacco—-
15
18
11%
««*—>•*
dep rets ord bearer...
200
33%
11%
17%
common
A
dep rets ord reg
22%
33%
Jan
180 %
18% Aug
5,400
~
Amer
47
—_*
8% Mar
May
1%
100
~3%
*
Amer
29% May
Apr
2% May
Co
8%
1%
17%
—-—
British
18 %
3,500
Mfg
8%
3%
1
Aeronautical
Feb
2%
22
3
200
♦
Light & Power
Jan
Jan
14'/a
1
American Metal Products Co.
American Meter Co.
:
—2
19%
——
Corp common
Cl&ss
Jan
Jan
Co
1%
23
28%
.25
Feb
3%
Apr
18,600
100
-25
1—
Oil
49
Sep
13%
l'/a
19%
*
common...—
British-American
Jun
May
Co
preferred
Jan
51
200
Feb
23
1% July
148% Sep
31
1
_*
common.
7%
46
17
Jan
7%
20%
Jun
1%
Feb
19%
May
1%
1
Bridgeport Gas Light Co—
Bridgeport Oil Co
Sep
2% May
42'A Sep
25
American Mfg Co common
$6 series preferred
American Thread 5%
1,200
-25
,
American
2%
17
1
25
American Light & Trac common
6%
2%
1
$2.50 convertible preferred
American Hard Rubber Co
American
111% 112
~2%
?%
450
& Co
Traction
-Brewster
May
52%
May
American Gas & Electric
4% %
90
(H C)
1st
Brazilian
Feb
2% July
(S)
Borne, Scrymser
Bourjois Inc
Sep
July
195%
70
6
16
300
3
Jan
18
950
100
300
2
Mach Co com.*
Ridge Corp common
Blum
(Philip) & Co Inc—:
161% May
—
52%
7%
17%
1%
16
1
common
Blue
Brillo
25
Inc
Aug
& Light—
A
400
7%
1%
—1
5
400
6%
*
;
Furniture
6%
May
5% May
9% May
*
common..
Aug
1,800
2%
100
American Cities Power
Class
;
2%
—...1
common
8,000
100
108
19
200
Apr
17%
1
preferred
Gay
6
1
—
Apr
48% May
Feb
800
173%
2%
—
Hedges
&
Breeze
American
&
4%
Feb
11
July
3% May
16
1
common
Canada
of
4%
13
Mar
102%
.
*
*
...
Aircraft
High
9% May
..1
common—...
92
May
13
55%
*
common
common
Ties
Shoe Corp
(A S)
Low
400
8
4%
1
Co common..,
&
Convertible
6% July
11
5
common
15
600
102% 102%
100
(L)
Range Since January l
High
10%
—
Inc
5
•
of
Beck
Feb
67/e Aug
400
*
Co
Feb
Jan
Low
Mfg—
Jun
104%
—
cumulative
Feb
4'A
Berkey
W
Seellg
12%
Sep
4
&
Refractories
Bauman
,
Shares
...1
$1.20 convertible A
Feb
Beau-Brummel
38
July
for Week
-1
Corp
Feb
15
3 % May
4,500
3'A
1
$3.75
Barlow
common
shares...—....
Steel
Sales
Range
of Prices
los Andes—
American
3'/a Aug
Sep
de
Barium
Feb
Aug
l7/8
3%
3
—1..
Inc
Aluminum Goods Mfg
Aluminum Industries
Aug
11%
107/a May
7% Jun
700
Allied Intsrnat Investing Corp
Products
(Mich) common
Aluminum
Banco
31
Jan
31
—10
Appliance.,
Co
Feb
2
1,000
7%
3%
50c
l
Allied
Bros
12%
2%
10
Alabama Great Southern.
Alabama Power 4.20%' pfd
Alaska
'
■
——2
preferred
Aireon Mfg Corp common
60c convertible preferred
Air-Way
12%
1
common
Convertible
Baldwin Rubber Co
Week's
Last
Sale Price
Exchange
Par
Jan
Basic
5
Curb
High
6% May
Agnew
York
New
l
5%
May
4% Aug
AO
:
Aeronautical Products Inc
Aero
~4%
1
.
12
Friday
3
Alloys
SEPTEMBER
STOCKS—
Range Since January
ACF-Brill Motors warrants
Aluminum
ENDING
for Week
of Prices
Par
Acme
WEEK
Sales
Last
Sale Price
STOCKS—
New
FOR
1,700
20
88
Sep
400
15% May
125
99
16.200
Sep
8% May
Jan
I 21Vt July
Jan
102
11%
F"b
34
THE COMMERCIAL & FINANCIAL CHRONICLE
(1074)
NEW
YORK
RANGE
Friday
Exchange
Curb
Week's
Range
Shares
Par
7%
preferred
Conv pfd opt
Conv
dlv ser_
pfd opt div ser
Aircraft
Cessna
Chamberlin
Co
Co
America
of
Clayton &
Alum
Colon
Co
common
Colt's
ext
Conn Gas
$3
4Ma %
4%
25
—
Southern
Oil
—
5%
33%
900
?5
800
5 Ma
16
332
30%
30%
7%
u
—
8%
..10
—
—
27%
10
Curtis
Mfg
Co
11 Ma
3%
3%
1%
32%
4
400
—
34
IMa
6%
4%
IMa
8 Mi
4,000
3,900
1,200
6%
1,200
4 Ma
600
4 Ma
A
__
Feb
Jun
—
.3%
1,400
19%
25
21%
25 Ma
20
100
21 Ma
120
41%
9 Ma
3 Ma
Electric
.¥.50
.5
13 Ma
13 Ma
8 %
.1
1
.
2
1%
Sep
3
Mar
7y8
Jun
10 Mi
Jan
Jun
3IMa
Sep
29% Sep
63/i May
16% May
14 Ma
Feb
38 Ma
Feb
12%
Feb
29-
Feb
21
100
7%
8 Ma
400
26 Ma
1,200
CO 10^
00
*
8%
6% May
15
Apr
11%
19%
Feb
94
Apr
104 Ma
7 Ma
Feb
57/B
*
4,200
4
May
2 Mi
7 Vb
2%
100
Sep
2
5
May
3Mb
Jan
5
400
25
3Ma May
26
26
6y2
Jan
3 2 Ma
Jan
£1
10%
10%
200
83/a
8 3/4
1,800
8
8%
500
.
25
22
Apr
Ltd—
8
1
Ma
8%
10
——*
29 Ma
—300
common
6%
106 Ma
pfd
29
$6
Ma
30
10% Aug
6
10
9%
9%
24
Jan
19 Ma
20 Ma
1,000
89
"3 Mi
1,800
3
130
89
Georgia Power $6 preferred—
$5 preferred
Mar
May
15 Ma
Feb
Gleaner Harvester
Jun
4%
Jan
Glen
Preferred
Feb
Gilchrist
25 Mi
96%
4
Alden
Apr
Jan
20
9,800
110 Ma
4% May
13% Jun
300
13%
II*
Corp„—.
27%
*
Gobel
common-
100
27%
100
18% Jan'
2,100
10
13%
14
—1
Godchaux 'Sugars class A
Class B_
——_—__—:
27%
22%
18 Ma
3%
16
200
Sep
Aug
Jan
29%
Jun
300
4Mb
Feb
5 4 Me
10
Glenmore Distilleries class B————1
Globe-Union Inc—:——:
:
5
(Adolf) Inc
22 Ma
17%
Jun
18
18 Ma
Jan
6% Mar
22%
—2.50
1
Sep
99% Aug
115% Mar
52 Ma May
46% July
July
19
-5%
~~
3.4% Aug
4% July
Jan
5%
—
Coal
Feb
Jan
112%
50
»
—
Co...
May
110 Ma
113% 114
—*
Giant Yellowknife Gold Mines———1
Gilbert (A C) common
Jan
Feb
31% Aug
May
97 Ma
Jan
109
Jan
~3 Ma
96 Mi
.•*
Jan
May
xl03% July
18% May
preferred—*
preferred
14
7% July
900
106 Ma 106 Ma
1
Public
Service
Feb
1
Plywood Corp
convertible
600
30
—»
Shareholdings Corp com——1
9 Ma
36
Feb
95 Ma
•
95 Ma
_1
General
3% Aug
IMa
11% .Jun
3% May
2IM2 Mar
7 Mi
30
25 Va
26
—*
Adv
11
Feb
19% July
14% Mar
9% May
13 Ma Sep
2,600
Apr
'25
3% May
17 '
Jan
5%
Jan
61 Ma
Jan
i
25% Jan
7% Jun
7% Jan
35% Aug
2% Feb
14% Feb
6% May
10%
1%
4
Apr
May
21
$4.50
20
prior
Gorham
Inc
class A_
175
48
32 i\
32%
200
25 %
*
100 ;
Mfg common—
Graham-Paige Motors $5
Feb
Grand Rapids Varnish.:
Feb
Gray Mfg Co
100
%
"9%
58 Ma
500
14
200
9%
5
26% Jan
Jan
8
10% May
Non-voting
Jan
,17
7%
stock
common
I
Northern
100
7
8%
8%
600
8%
100
100
.100
138
138
25
i
Paper
.-
45
25
33
95% May
July
Jun
lMi Jan
-
51% Aug
15 Ma Jan
-62%
Jan
17%
9%
14
Feb
Feb
Feb
112>
July
Stores Products common—25c
Gulf States Utilities $440
pfd
—U00
Gypsum Lime & Alabastine—
*
140
50
,133%
Jun
145
Apr
45
400
.39%
Jan
47
July
9% July
15%
Jan
All Mi May
43 Ma
Grocery
Feb
14% Feb
47%
7%
8%
*
1st preferred
Great
7%
1
7%
Great Atlantic & Pacific Tea—
107
200
Apr
May
May
May
May
.Sep
'
104 Ma
.
14
,
May
July
% May
58
—1
^
100
7,500
"9 Mi
'
pfd—25
:
130
; ii
Jun
44
I——10
conv
;
_
%
*
—
Gorham
Feb
Feb
63
60
32
._—
2%
Apr
58
—*
preferred
6%
Apr
*
60
Goldfield Consolidated Mines——.—1
Goodman Mfg Co____
,
:
50
Feb!
6% Feb;
16% May
3% May
7Ya May
5% May
50
400
•
29%
50
j.
Co
-8% July
% May
18% May
xl05% Jun
_.
250
lMi
%
—1
.
_
Fireproofing
General
Sep
'3% Aug
May
Aug
150
10
1%
50
General
Feb
26
5,500
«—
...
"
Feb
IMa
...
Feb
21
400
Amer dep
12 Ma
3
July
T0% May
-
3 Ma
—
Apr
20%
20%
8%
Gladding McBean & Co
400
6Mb
Sep
18 Mi Aug
17 Mi
21%
common
2%
11 Mi
7%
6 Ma
—*
General
Jan
Feb
—
Sep
5%
500
8%
—
Feb
6
J
Jan
2
43
conv
July
1,850
—
5
10%
5%
3 Ma
2,800
July
500
'
34 Ma
Ma
Jan
20 M2
5 Ma
21%
Supply Corp
preferred
85 M4
10 Mi
%
33%
i
Co
2% May
Apr
200
43 Ma
Jan
17 Ma
8%
Alloys Co
2IMa
500
10
•
(Mo)—
Gellman Mfg
General
1,000
3 Ma
—
IIZi
-
Inc.
2% Jan
Jan
18
5%
«
Feb
40
17%
100
General Outdoor
34%
%
1
__
——
common
General
—
5%
Corp
Jan
34%
Sep
Aug
1% May
.
■
.
21 Mi
preferred
Jan
•
-
Co
9%
3%
—5
Cuban Tobacco common.!—.
Curtis Lighting Inc common.:
Co
Stores—-
110 7/a
£1
Atlantic .Sugar
preferred
&
Mar
7%
.
II
preferred
x7Ma May
63 M4 May
800
*
.1.25
Jan
13%
Crown Drug Co common
l25c
*
Crystal Oil JSefinlng common—.—
$6 preferred
—10
Cuban
1
Jan
—
i*.**
;
83%
13
—
—»
118 Ma
13
-50
International
1,500
2%
»
68% May
34 Ma
——
(Md)
45
23/a
9%
11
310
——
115% Mar
3,500
Feb
2,000
*
30
1,800
Jan
64'
11%
46%
£1
rets bearer
1,100
8%
Jan
14
11
1
2,300
71
22%
——
rets ord reg
General Finance Corp common
5% preferred series A
*
1
5%
$6
*
—
Apr
Jun
12%.May
Aug
Canada—
(Geo A)
Garrett
Jan
% May
30 Ya
45%
Gatlneau Power Co common
Jan
—
27 Mi
"~1
reg)
Fuller
Jan
'12%
*
(ord
Aug
2 Ma
1,000
3,300
Feb
34%
11%
preferred
7
Jun
11%
5c
A._—
of
conv
Franklin
5% Aug
7
Apr
16%
July
Apr
350
Feb
16 Mi
Feb
8
3% May
34 Ma
73
115% 115%
—1
com
B
4%%
36 % July
10
3%
16 Ma
1
Pitt Brewing Co
(Peter) Brewing
Fox
Feb
11%
May
21
11%
non-voting
voting
Franklin Simon
Feb
Ma
1
Brewing Co
Crosley Motors Ine
Crowley Milner & Co
Cork
Fort
Sep
10% Aug
4 Ma
May
2
1,600
._10c
dep rets ord reg
Amer dep
Jan
137/a
7 Ma
16,500
Ford Motor of France—
15% Feb
Aug
100
3%
29%
45 Mi
(Phila)
108
115%
—1
Petrol
3%
8
2%
283/i
IIIi
—
Stores—
Motor
Class
110
30M»
*
Croft
Crown Cent
Amer
Jan
150
__
71 Mi
—
Petroleum..—
37/a
8
3%
Motor. Co Ltd—
Class A
Feb
19
8
10
——_
General Builders
7%
j
High
28%
(M H) Co—
to $1
Ford
Jan
900
1
il
68%
.
receipts
5c
Feb
Jan
31,600
30%
25%
1,000
tV
Ltd—
dep
15
May
7
Aug
4% May
3% May
4,800
69 Ma
common
convertible
Fishman
Jan
IIM4
3
2,600
4%
~8%
common—_—1
American
Crown
8
7 Ma
1
Co
&
Petroleum
Creole
7%
27 Mi
Mines
Reynolds
preferred class
Jan
39% July
9% May
1,500
4%
35
"
10c
Varnish
Jan
l'/a May
97/a Jan
66% Jan
6 Mi
Association
Ford
13% May
1% Sep
500
7
5
Co
Cooper Brewing Co class A
Copper Range Co
Courtaulds
3%
January
i0">
1
Corp common
$2 div cum preferred
v
—1
Car-Na-Var Corp
Fdy & Machine Co
Cosden
100
400
7 Ma
100
Smelt Ltd..
&
Inc
12
Fire
Jul*
.148
May
8% May
•
—
Cook
Gold
4,800
7%
"lOO
C
&
Textile
1,700
Ml
110
6M4
*
Continental
$1
2
—1
preferred
series
Royalty
Corroon
150
2
Range Since
High
1
First York
1% Mar
10 M4
7
Consolidated Steel Corp common
Cornucopia
23 Mi
900
300
12
7 Ma
—
Consolidated
May
x102
110
..25
common
Mining
93
15,100
2Mb
Ma
77%
18
May
11%
1%
2
Mar
May
1
15
15
...1
Consolidated
Paint
35%
70
10%
11%
warrants—
Consolidated Gas Utilities
Core
34
Low
*
Metallurgical
Fedders-Quigan Corp
Feb
1,600
5 Ma
Bait
series B
Continental
126
Shares
1
....
Engine & Airplane
Brewing
Fansteel
Feb
25
500
1%
10
Falstaff
25M2 Aug
*
F
preferred
Consolidated
14
May
>4%
Coke Seour common—
L
May
19 Ma
50
25
120
Fairchild Camera & Inst Co
Fairchild
Jan
12
1
35 %
1
1956
&
4%
14
warrants
preferred
Consol G E
Jun
500
25
IMa
126
Hotel Inc
to
Ma
12%
3 Ma
Community Public Service
Community Water Service.
Compo Shoe Machinery—
Vtc
Feb
2
July
72
for Week
Jun
Jan
23 Ma
18
25
__1
&
63
22 Ma
100
—
Manufacturing Co
Commonwealth
May
Apr
3,800
72
ordinary
Iron
Ml
Sales
Range
of Prices
Par
*
Airlines
Colorado Fuel &
3
Week's
Last
Sale Price
Exchange
Jun
19
12 Mi
*
Colonial Sand & Stone Co
Commodore
19
4
100
Co
Development
Colonial
3%
1
Mfg
Corp
Plow
3%
—1
common
46
24%
12 Ma May
—1
Products
Cockshutt
250
10
Lambert
Clinchfield Coal
,72
—5
Clark Controller Co
Club
67
Curb
High
11 Mi May
12
10
common
Clarostat Mfg Co
Claude Neon Inc
525
69 Mi
-5
10
4
—1
100
City Auto Stamping
City & Suburban Homes——
Low
18 Mi
10
Corp common
Cherry-Burrell common
Chesebrough Mfg common
Chicago Rivet & Mach
Chief Consolidated Mining
§Childs Co preferred—
stocks—
York
New
Range Since January l
High
16
-5
Charis
Cities Service
Low
18%
1
common
Friday
for Week
of Prices
preferred__100
100
100
1929
100
$ Central States Elec 6%
12
SEPTEMBER
ENDING
Bales
Last
Sale Price
STOCKS—
York
New
EXCHANGE
CURB
WEEK
FOR
Monday, September 15,19
9%
9%
100
114%
Feb
Jun
15%
Feb
Jan
11%
13%
Sep
Feb
D
Davenport Hosiery Mills
Davidson
Brothers
.2.50
.
Dennison
8%
Mfg class A
Detroit
Detroit Steel
Devoe
&
Raynolds
Amer dep
Corp
2%
1,900
2%
10
19%
18Ma
19%
1,000
17Ma
11%
Jun
6 Mi
6 Ma
6 Ma
1,800
4 Mi
Apr
new
class
B
7Mi
10 Mi
7Mi
100
10 M4
700
rets ord
Dunlop Rubber
Co
A
15 Ma
1,700
10 Mi
3 Mi
15
400
Ma
Hartford
Feb
July
Feb
3%
Hearn
Jan
19%
78%
500
10% May
24 Mi Jan
78%
100
78
68Ma, 69Mi
200
67
—
39 Mi
—
,
„
39 M4
50
39
97
98
May
May
May
75
96
Aug
.
7%
7_%
100
5
.
5
100
*
__
•
13%
13%
13%
100
25
Feb
Feb
2 5 Ma
,
Jun
4Vp
com
:
,
w
4%%
6Me
Fuel Assn common
prior
preferred
Malleable
Eastern
States
preferred
_i,
.100
Iron
Corp
86
68 Ma
Jan-
Easy Washing Machine
Electric Bond & Share
Electric Power &
.
.1
—1
B
common
*
_5
Light 2d pfd A
*
Option warrants
Electrographic Corp—
Inc
48
Feb
106
Co
class
A
;
May
Feb
Hormel
(Geo
6%
Feb
Horn
&
15%
Jan
Horn
&
Corp
Herder's
Inc
Esquire
A)
&
Co
Emeka S°rP
Pipe
1
footnotes
see
'50
May
40
May
13
55%
55
Aug
56%
2,225
1,300
42% May
6 Me May
56%
10%
Aug
16,300
8% May
37%
Jan
9Mi
9
11%
11 Mi
9%
12
142 % 142 %
__
5
5
Apr
&
1st
2
1
800
13
1,500
9
10%
11
13%
15 Mi
500
10
14
14
100
13 Ma
10 Ma
10%
300
105 Mi 105 Mi
20
10%
2,200
Co
*
5
-
Hydro-Electric Securities
Jan
15%
20%
800
19% May
X3 5 Mi
54
200
49
10
1,800
5
5
600
Mar
7% May
4M« Apr
Feb
Mar
Feb
Feb
Aug
57
•10%
Feb
6%
Feb
23%
41%
41%
130
37%
38
175
114"
ao
Jan
27%
Jan
Jun
23
Aug
Jan
41 Ma
Aug
37
155
114'
114
35
69
Jun
34% May
Feb
Feb
181
43
113
Mar
116% July
28
Apr
36% Aug
100
4%
Jun
12 Ma
400
12 Ma
Sep
14.
42 Ma
Ma
250
3,600
.5%
12 Va
42
35 Mi
70 Mi
5%
69%
42%
0.00
42
Aug
Jun
47 Ma
9
46
9
55% Apr
25 Ml
5
72% Aug
9*A
Feb
July
Feb
Feb
Feb
Feb
3"% Feb
15
200
7%May
10%
47 Ma
46
*
Hygrade Food Products
85
Jan
20
j
1
>
-
20
.5 %
:
—
i—A
Jan
107
10
5
*
common
Jan
13%
9 Mi May
101 Mi May
8%
-
Ma
5
*
14 Mi Mar
16
53
20 Mi
53
*
.
Feb
25
May
Sep
May
Feb
July
13% Aug
10% May
81
Feb
Feb
17 Ma
Jan
11
Feb
9 Mi
May
9%
*
...
;
common..
14%
13%
..
Inc
Refining
Mfg Co
Refrigerator
preferred
9
*
preferred
;
Common stock warrants.
Huyler's
13%
9
*
common.
20
200
2%
115
May
2% May
IMa
48
48
gye
1
3
qs/4
2li
~ t
1
7%
21
Feb
Mar
1,400
2% Aug
4%
Feb
0,700
15% May
43% Aug
24%
Sep
50
40
301
8%
lMa
Feb
3
106% 106%
—
Jan
148
23
45%
1Mb
2,400
48 Va
100
gi/a
500
3%
42,300
"*
Illinois Power Co
300
37% May
51%
26
400
31
May
49%
3,400
25
May
May
Sep
31% J^y
Jun
50
•
311
Mar
Jan
Jan
12 Ma
July
1% Aug
43 Mi Jun
*2%
Jan
♦
.
53 Mi
Jan
6
May
318 May
28
Feb
12
Feb
3%
Sep
30%
Apr
300
55
13%
250
12 Ma
£1
___•
Sep
Ja®
Britain
Insurance Co of North America
12
4,600
12
100
5
13
pfd__100
International Cigar Machine
International Hydro-Electric—
Preferred $3.50 series
Industries A
Mar
Peb
6%
Apr
10% Apr
10% May
12% Jan
-14 Mb
Feb
Feb
14
-
14% Feb
-
£1
Light 4%
11%
12
J»n
64
21 Ml
6
11%
»
I.
& Ireland
Metal
29%
59
*
Imperial Oil (Canada)
coupon
Registered
Imperial Tobacco of Canada
Imperial Tobacco of Great
&
28%
58%
^50
Imperial Chemical Industries—
Amer dep rets
registered
International
29%
12%
convertible preferred
Illinois Zinc Co common..
'
Indianapolis Pwr
2%
I
common:
5%
17
-
10
37.
7%
Sep
■
page
May
9
70 Mi
14% Aug
1
For
July
150
—5
common
July
Aug
3 Ma
400
i
Line
■'
>50%
May
600
45
l
74
Jan
1 Mi
13%
453/i
preferred
—
2,700
6 Mi
100
$2.25
67%
22
100
Hussman
Jan
64
22
Inc
Eureka
2%
2"
lOo
'
Jan
13
™
50
49
4%
97%
66 Mi
1
common
convertible
375
100
1
Hardart Baking Co
Hardart common
May
May
May
7
5
».
2%
7
1
*
10 Ma
-18 %
81
Ma
..10
common
Sep
May
13%
_io
_
preferred—
Empire District Electric 5%
pfd
Emsco Derrick &
Equipment
$3
72
100
-
4
Apr
•77% July
74% July
—1
_
—
5%
Equity
'
68 %'v'72
__
common
86
900
5
Jun
__1
Hollinger Consolidated G M
Holly Stores Inc
35%
2%
72
preferred series B
Eastern Sugar Associates—
Com shares of
beneficial int
$5 pfd shares of
beneficial int
Elliott Co
1
67 Ma
27/8
A__
$6
Electromaster
3%
25
;
,
series
3
May
2%
—l
.
common^.-.
79
&
Hurd Lock &
3
100
;
preferred
Eastern
$7
•
Apr
2 Ma
400
100
common
Hoe
Humble Oil
&
55%
1,400
100
....
Feb
preferred
Hubbell (Harvey)
Gas
60
3%
3
*
;
94
(R)
8%
35% Aug
May
2%
*
'
Henry Holt & Co
Heyden Chemical
5% May
2%
25c
——_
w
61
9
28
3%
*
5%
East
60
60
800
250
300
27/a
5
A
w
6 Mi
1
common
Co
Rubinstein
preferred
13%
34
1
Mi May
31% May
4
6%
33
.1
Inc
Heller Co common.
5 Ma % preferred w
Jan
17%
,
13%
6%
10
...
Mining
Class
Holophane Co
7%
12
1
4 Mi
33 Ma
Jan
:
Light-.
Dept Stores
Helena
Feb
2
Electric
Hathaway Bakeries
Corp
Feb
4,000
Paper
Feb
7Mi
Feb
—*
Hazeltine
Sep
16
Ltd
Hat Corp of America B non-vot
Feb
19 "Ma
5
Co
Hartford Rayon common
Harvard Brewing Co
May
-
17
14
Feb
3 Mi
11%
—
*
—
Hammermill
19
12
Ltd—
£1
Feb
Ma
155
Hall Lamp Co
Hamilton Bridge
Jan
-
20 Mi
400
UMa
—
common
12
May
Aug
Ma May
833/a
-11%
—10
Test
10
H
Jan
Jan
8
38
12 Ma
12%
3M8
—
Amer dep
17%
Hecla
14%
12
—
1
,
:
Corp common—
Texas Sulphur
9 Ma
17%
15
1
—1
.
.*
rets ord reg
Durham Hosiery class B
%
10
*
Driver Harris Co
Duke Power Co—
14 Ma
£1
...
'
Corp
6
150
15%
50c
_
reg,
common
6 Ma
32
*
common
Dominion Textile Co Ltd
Duval
30
1
Dominion Bridge Co Ltd
*
Dominion Steel & Goal B___
25
Dominion Tar <te Chem Co Ltd—_—*
Duro
600
10 M4
—
____8
com.,
Dobeckmun Co common
Domestic Credit Corp class
Draper
34
100
—
Products
28
2Ma
7 Ma
-32%
5
&
Diana Stores
Corp
Distillers Co Ltd
Divco
25
2%
50c
Manufacturing
Iron Foundry
Gray
7
35
common
common
Gasket
Detroit
35
May
Apr
Aug
May
May
May
Apr
May
May
Aug
—1
debenture
Derby Oil 'Co
35
1
Inc
Dayton Rubber Co class A
Dejay Stores common—
♦
,_5o
13
105 Ma 106
10
85 Ma
15 Mi
88
100
Jan
Apr
Aug
104%
Sep
111
85%
Sep
100 Mi Mar
15
Aug
15 Mi
15%
200
67
68
400
Ma
21%
13
40
350
21.
Jan
45 Mi May
69 Mi
Sep
25
29
J*n
Apr
'
15, i
J Volume
166 - Number 4629
NEW
YORK
RANGE
Friday
STOCKS—
Last
York Curb Exchange
New
'
'
•
Week's
of pf ices
Par
Low
international1 Petroleum coupon shs__*
Registered shares.
*
international Products
10*international Safety Razor B—
*
international Utilities. commort——5,
Interstate Tower ?$7 ■ prefer red--—___*
Investors Royalty
—1
Iron Fireman Mfg votingr trust ctfs—*
Irving Air Chute—
.
1
Italian Superpower A—
•
10%
10%,
io3/4,
15%
16%.
•15%
/
100'
2
•
18%
43/4
18%
4V2
1
200
5%
1
States Power
Feb
Mountain
States Tel
16%
12%
Jan,
80
11%
11 Ma
11%
500
12%
13
l
Storea common
Class A preferred
Jim Brown
ioy2
4%; "4%,
7 Ye
3%
3
3y4
9
Jun
1%
9% Aug
2%. Jun
700
1,400
22%
Nachman
Corp___
Inc
7%
Bellas
18
Gas & Electric 7r/o
Kansas
pfd':
Jun
5
—
common.!
to Coj
6%
Feb
Petroleum
(D
Emil)
Kleinert
Knott
G
Co
100
10
1
14%
14%
200
4'/4
3,100
4
4
4
—1
Ltd
Co
Feb'
9%
common
11
Rubber
1%
17
2,000
17
—
(I B) Rubber Co_*
Corp common—
1
—
25%
7%
700
17%
500
17
100
29
34%
2,900
9M4
100
9%
*13'
60
91%
Jan
New
Park
Feb
New
N Y
25%
Feb
N' Y
to Honduras
Aug
26%
Sep
Founders shares..
10%
Jan
Niagara Hudson Power
18
Jan
Lake Shore
Lamson
Lane
Wells Co
Class B—_
UniversityRealty common......—
Oil
i',;,
7%'
18%
i9y44
19%'
_
(R G)
2d
flVs ~VA
18
-5
17 V*
Groceterias
Class
Locke
B
class
'
,2,400
18
Jan
Class
Jan
12
*1% May
Sep
2
.18%.
18%
19'%
900
9%
10%
121
23%
23%
28%
50
25% July
Sep
-1
Logansport Distilling Co——
Corp common—— 10
Longines-Wittnauer Watch Co——— -1
Long Island-Lighting Cor—
*"'
10%
LonetStar Gas
i
i:8%
8 %• ""
■ *
10%
19%
193/a
19%
10,500
31
16%
700/
Common.ctf? of dep—„———_
7% preferred A ctfs oLdep———
%
•'■■v
14
72"'-
preferred1^ otfs. of dep——:
Louisiana Land & Exploration.—
—1
Louisiana. Power to Light $6 pfd—— J-0
1-2
Lypch Corp_—_—
:
11
>
70 V
72
10%
Jan
'
Sep
30% Jkn *
11%, Jan
!1 Apr
500
62
1% jan*
61!
62
825
15%
15%
16
69
8,400
Aug.
50' -/
May
100% May
15%; Jam
'
13
common—-
185
*
.!_*
44
Maine
'
575
Novadel-Agene Corp—
5
,«z
Manati^Sugar Co -warrants—
Mangel Stores common.'.'.-..
Manischewitz
Old
20
class
Co
Brass
B
Filters
United
Omar Inc
'
Jan
Apr
44
Sep
30% Apr
42
July
4
Mi>
1,800
—
*
Overseas
225
83/4
.
30% May
7
i—1
preferred—___—10
Corp common—
——!~*
$2.50. * preferred——————
McWil)iams Dredging
—J—-*.—*>
Mead Johnson to Co——'—
l—1
Memphis NaturaLG&s common———5
X6%,
—,
x6%
Menasco
Mfg
—'—*
Messabi Iron Co——_—_————---1
Metal
Textile
13
25%
25%.
200'
1%
500
35 Ma
325
31
112>
ii-l
*29%.
30 Mi
Participating preferred—.
1%
6%
'J
6 V2
.
100
75
4%
Preferred
44
2%
10%
9%
9
4#
7 3/8
200
900'
50
7%
- 2% '
10%
May
8% May*
700
4%'v4%'
10%
10
700'
Feb-
3%
Apr
Jan
Feb
3% Aug
0
300'
Jan
7% July
Sep
1% May
400
9
19 y8
Feb
111% May
6% Jan
5% May
12%
■
14%
Ex-distribution !
5
15
14 Ma
15 Ma
8,500
Feb
Feb
■4*.*
12% May
*.
$& non-cum dividend shares
Mid vale
Co
30 Ma
—*
x24Ma
——50c
3M*
common—
Mid-West Abrasive——
Midwest Oil Co——
10
Midwest Piping & Supply cgmmon..—•
Mid-West Refineries
——1
«-«♦'
30 Ma>
100-
25 M4
400'
•
3%
300
1
'
—
—
—^
*
2
2
2Mb
8
-
•
-
30% AUff
33-
12%
Jan
13% May
-
8
1,500
juiy
25 V*' Jun
Aug
3% Apr
Feb
4% Jun
Wohl
4*% Mo'
Co
.—-—50c
common
convertible
Mining Corp of Canada
1
*
Minnesota P & L 5% pfd
Missouri Public Service common—Molybdenum Corps
Monogram Pictures commoa
Monroe
Loan Society A
Montana Dakota Utilities
Montgomery Ward
Moody
Investors
Morris
Plan
Mountain
j*Toi'r>f-trin
For
102 v2
*
6%
1
—.1
3%
35 M4.
$1 cumulative
6 Ma
25
28 Ma,
100
2,300'
3%
3%
2,900
2Mb
2MB
900
xllMa
12
7%
7 Ma
12 Ma
.
900<
187 y2 188 Ma
130
~4M4
1,200
*
10c
3,100'
'
4Mb
4%
-
Penn Gas
page
37.
—
jz
6
——
t
to Elec class A common---*
Penn
& Light 4*Ma*%
Power
Penn
Traffic
Cos.—,
Power Co
Penn Water &
57
(The)-———
iPepperell Mfg Co^
—
—--20
Perfect Circle Corp————-.-2.50
^
Pep Boys
& Rubber
Pharis Tire
common-——50c
Amer shares
Ltd
Pittsburgh to Lake" Erie
Pittsburgh Metallurgical
Pleasant Valley Wine Co
50
common——5
-J
-10
—-25c
Mining Co——
Polaris
Powdrell
Feb '
1
—1
—
common
Power Corp
Alexander- corpmon
of Canada cofrimon.
1st preferred&
38
Feb
6M# May
102 Ma Sep'
10
Jan ;
Prentice-Hall
6% May
185y4
Feb
2.50
*
100
31M4 May
3 Ma
Apr
5c
%
%
ft
17,800
Ma
Sep
9 Ma
8 Ma
9%
1,000
8%
Aug
Inc
common
1
America—
Mar
Pressed Metals of
SO
Mar
Producers
11
Feb
Prosperity Co class B-
5%
Feb
Providence
3%
Jan
Public Service
15%
Jan
July
41%
Sep
5%
Jan
2Ma
Jan
10% July
4% %
Gas
■
105
Jan
July
105
Feb
10
Aug
Mar
20%
Apr
27 Mi Mar
24Ma
Jun
24% Jun
3 Ma> Jan
% Aug
28,300
5,900
100
50
8%
12 Ma Jan
Apr
.11
Jan
20'
May
,
15% Feb
62% Feb
13% May
—
—
50
x44%x44Ma
5 /»
7,100
o ,a
5
,6
2%
3_
111 /* 111 /a
5
5
57
59 /i
51%
Jun
July
Jan
80
38% Jan
Jaw
7% Feb
5M*
6
May
11 Ma
Feb
200
2M» May
♦% Feb
50
110M* May
114% Auk
5% Jan
.
5/a-
8
55
12Ma 12/4
0
0 /*
J0%; 11%
-
200
4%( Apr
450
5 3 Ma. May
300
24
■i /*
2/*
1/%
--
—
54 % 56 /a
9%
9/4
4%
58
800
11
Mar
Jan
-14
1,200
30O
6
Aug
0 Mi. May
Aug
Apr
12% Mar
13%
Feb
1,400
12 M*
Jun
21%, Feb
14 Ma
Jan
27
1,000
2 Ma May
4
1,900
2 Ma
10'
44 Ma
--
iu
•
9 Mr Jan
Apr
1,400
11%
—
4%
69
40
--
3
5% Aug1
800
300
12V*. 12 /a
22
—
40 Ma
25% Apr
--
--
3%
19 ya July
90
•
4%
—
..
4 /4,
*
iz/a azv#
—
—
—
330
1,000
Sep
May
Apr
49Ma> Apr.
8
May
300
4% May
50
14% May
500
3 Ma
May
July
Fob
6%
Jan
14%
Feb
46% May
61
Feb
11M» Feb
7 Va
17
Jan
Feb
6% Jan
—
—
—
300
10 Mi May
8% May
19 Ma
Feb
13% Feb
t
35
--
--
48
Feb
Apr
85
Mar
9% May
--
,,
IM4
-
May
80
—
2,500
300
U/e,}o
2 M»
Feb
Sep
17 Ma
10
Jan
Sep
1V8 May
11 Ma
12% Jun
100
8Mb
Apr
102Ma
250
101 Ma
Sep
103 Ma
100% 101%
300
100M»
Sep
llOVa, Jan
100
25 Va
Jan
38% Aug
100
9 Ma
Apr
14%
500
B
May
11%
—
preferred——100
Power & Light—
Pyle-National Co common
Manufacturing
101%
—
#
iui%
prior preferred
Puget Sound Pulp to Timber
Pvrene
102 Mi Apr
,
—
24
of Colorado--
cumulative
PUget Sound
$5
1
*
Corp of Nevada
Feb
38% Mar
390
%"
9%
97/n
1212'
30/4 30 M4
—
—
12%
41% Mar
*
—
106
194
Feb
Fib
7% Jun
•
—-
—
common..———*
Pinchin Johnson Ltd
Scale
6%
\2Vi*
Phillips Packing Co
Pneumatic
12/+
'
—-*
Philadelphia Co common
Pierce Governor
,6
2%
111'%'
'
pfd:—.'—100
—2.50
—
**
Pratt to Lambert Co
3
May
2% July
11% Apr
IB
35%. Jan
Feb
May
12%
38 Ma May
*
Penn-Dixie Cement warrants
Jan'
9%
24
13% Mar
Jun
39% Jan
;———1
Pennroad Corp commom
Jun
3%
10
common
producers
—
—
*
prererred-l—!—-U25
31% May
25
102% 102 % <
28 Ma
7 Ma
*
partic pfd
of America-.
see
100
-5
.
A
City Copper
6%
1
—
Corp
footnotes
35 Ma-
preferred———-50
'
Peninsular Telephone common
17%
6% May
200:
—
%
——1
Patchogue Plymouth Mills.——-—*
6 Me
Miller
Jun
May
104
—
9%,
—-5
Co-—-—
Pen
15%
1%-May
•
12% Jan
12
—
Pantepec Oil of Venezuela Amer shrs—
Motors Corp
.:
—1
16% Aug
12
-
300
100
—
Paramount
Piper Aircraft Corp common.
Pitney-Bowes Inc.-—-.—
——-2
Pittsburgh Bess & Lake Erie RR——50
24'
,
<
a
—;
7%' Jaw
:
••'»-*'
'
Jan
8% Feb
1,900
8%
'40%
-
—
Pioneer Gold Mines
'
f*
40^
—
20% Aug
5% Apr
Middle West? Corpr— /
Midland Gil Corp $.1 conv pfdL_———*
Midland Steel Products—
v'
40%
Feb
3% Jan
•Mi
7%
--
———
Parker
21Y* July
8% July;
May
Sep.
200
9
18%.
4%
'
Sep
lo
100
liar
37%
Jan
0%
Parkersburg Rig to Reel1—
T
Apr
3% May
50
."7'/a
7%
18%
—1
45
"7y8
10
t c__—:
••
108%
3,500
.
15
July
31% Jan
15% May
4%' Apr
Sep
i'4%-May
12 Mi
10
10
pfdu—100
preferred
1st
$1.30
6% AUg;
5% May
1<
400
6'/a
4%
*
Feb
45
3
:
—
>-1
Middle States Petroleum class A v t c—1
v
1,200<
j
.
,12
—-*
8% Aug
May
2% Jan
ST%lCar
118
29%
600
—*
Page-Hersey Tubes common
*
Pam American Airways warrants—-—-
Mar
20% Feb
8% May
■
.
11% Feb
24
4,200
1%
175/8*
8
10%
Jan
38% May
200
108% 109
4%
—15
Micromatic Hone Corp
55
7% Aug
ItYi^ Jan
-
31% Feb
1% May
•30Q
6
—25
—
'*•'
36%, 36%
preferred_ur——1021/4\103Ma
Pacific Public Service—i
50
9 Ma'Mar
Jan
1st preferred.
Jun
7
May
11% May
6%^ Aug
25c
Corp.——.
5%%
25%
1,700
6%.
.
17%,
109
-
,
Jan
*6% Feb
Jan
"10
6%
5
Pacific Power & Light 5'/e
1,800
.13%,.
6
1754
Michigan Bumper' Corp———-1
Mithigan! Steel Tube--——2.50
Michigan Sugar CO—-————*
Class B
;
41%
21
110
AugApr
IMa
29%.
1st pfd—25
Pacific Lighting $5
400
25 y8 X25%
6%,
6%
——
preferred'-1—— l—-——100
A
40'%
Co————1
Merritt Chapman,to Soott
/•Warrants
'</#-
ll%xli
19
5 Ma
6,200
114 Ma 114%
1%
1
Jan
600'
101 Ma Jun
*106% Mar
34 Mw
Securities—
Jan
convertible
McCerd
6 Mi
8%
7% Jaw
500
—————1'
—
4%
———*
13 Ma July
O'okiep Copper Co Ltd Amer shares——
Pacific Gas to Elec 6%
21% Aug
4% Jan
Power Shovel————!!—I_10
5% Jan
Jan
Mar
3% May
97M* Feb
34%
24
-
—15
—
20%
12
-
108%
6%
.——100
B
Apr"
ft Aug
100'
Sep
32
1,200
JUly
6% July
20 VrJan
4,000-
Ltd——-—£1
Massey* Harris common
McAleer Mfg Co common;
5%
300
%"
International/Marine
Communication- Go
Marion
14%
185%
1,300
6%
common
Poindexter Distillery.;
Oliver
16% July
,)
Ohio
23% Jun4
38% July
-1
(The B) Col—u—!—
Mapes Consolidated Mfg Co_
Marconi
iff
14 y4,
%.,
21%
155 % May
42
34,
——50c
Ogden Corp common
preferred
Oklahoma Natural- Gas;
82% Jan
113
5%. Sep
21
Jan
11% Feb
44
108
*
Jan
20%
May
6% May
7,000
•
2
Aug
10
——.—1
14 Mi Aug-
11
3%
.-25
Pacific Can Co common
Co.—_
Public Service Co'——„—10
Jan
IV.
M
Mackintosh-Hemphill
10%
2,200
iV*
Inc.
Aircraft
100
2,400
16%
40 %i
-1
pfd_100
class A
iy« Jan
lOMi^Peb
16M4 Feb
May
9<% May
—50
Power
122% July
8%
5
——
RR Co-
Apr
% May
Jan
40 ^
•
42.
—*
—
110
""
1,300
184% 185 Ma
Jan
124
1%
8
Feb
10%
Sep
lMs
7%
Airlines-,—
Nbrthrop
10%
13%
Jun
108%
100
13
7%
Ohio Power 4%%
Jan
00
11%, Jan
!
Jan
Feb
7% May/
1,900
Jan
21%
Jan
•
*
Feb
47%
Jan
29
26
Jun
5Va May
3,200
r
%>'-'r 8 s/s
'■ 8
z2l
Feb !
Jan
10%
11% Feb
23%
_5
Sep
Jan
82
Aug
7% May
25
100
10 Vs
10%
15 Ma
^
11,600
-i
9
16%
Northern Indiana Pub Serv 5 %
32%
26% AUg
8%, May
—
Chain.-
19 y4
2% Jan
7% May
81
May
13
May
1,200
9
Light & Power common—I
North Penn
8%
109
—1
Northern- Central
Jan
70
200
119% 121
5
Northern States
133/4 May
10% Apr
400
B
Northeast
Mar
29
•
10
8%
1
—
North American Utility Securities—
Texas Oil—
Jan
44% Jan
17
900
/
A
—;
Steel
"
7'
May
33%
•109
—*
—
Corp B
preferred
19% July
Jun
7
.10
1-_—
Lipton iThos J) Inc 6#r preferred.!. 25
Lit Brothers common—.Loblaw
ff%
Feb
25
\k
North American Rayon class A*.
i
■
c.
Lionel jCorp—
200
200
$6
Jan.
8%
70%
8%
100
;
Mines
North Amer
Jan
30
Jan
8% May
1% May
600
33
1
Noma Electric
Jun
34
44
-1
A
\
i
9%
Jan
67%
1%
optional' warrants
Nineteen Hundred
20% Aug
Jan
I8M4
58 Ma May
70%
100
preferred
Nipissing
Feb
21% May
12% Apr
25
1
~9% "5%
9%
25
Inc
■
23
19
_5
_1
Development—
""
-
18%
_5
7001
_*
—
Material Co—
-500
;
8
30%, Apr
23
EXt
Le Tourneau
Lihe
.
7y8
-
preferred—
Leonard
7y8
15% Feb
5% Apr
6% May
15% Jan
8%
Apr
1
—
common
1st preferred
Niles-Bement-Pond
17% July
11%May
1,300
7
May
2,800
12%
-
6%
A.
Monotype Machine—l—.
La Salle
Prior
_1
class
12
7
_5 V
common——_l
Laaagerdorf United Bakeries
Lefcourt
12%
-1
Corp of Delaware——L—.
Lanston
12
Mines Lt<t——t—j— _1
May
4,000
Niagara) Share Corp class B com——5
Lakey. Foundry to Machine
120% Jan
4
Shipbuilding Corp—
5%
.
90% May
10
—
18% July
10% Jan
10
1%
lo
—-
Feb
13
Jun
4%
•
Rosario
20
Feb
5 Ma
1
N Y Merchandise
May
4%
5%
Feb
Jan
9
13
&V« Jan
100
61
N Y Auction Co common'
Feb
2
2,300
60
70%
Sep
2 Ma
500
61
*
Feb
5
Sep
May
270
.
12M4
_1
:
24
200
5
12M4
Process Co common.—
5%
_5
93 V*
12%
Mining Co
Glass B
LAclede-Christy Clay Products—
5%.
5
14% July
Jun
100
9M4
91%
Jan
M«ur
14
Sep
1,300
16
5%
*
Arizona* Land
13% July
lit July
Apr
7% May
13% May
9%
16
18
39% Jan
10% May
300
3
25
New
6
%
20
New Jersey Zinc
Feb
17%
Jun
33,500
July
20
U
"2%
—100
convertible preferred—
&
4 M4
%
15
Apr
May
200
Jun
15% Jan
21% May
9 % July
2,200
*
England Tel & Tel
New Haven Clock & Watch Co
Mexico
10 M+
13%
%
5
New
Feb
43'
8
May
~4 y4. _4%'
5
-
A
Jan
Jun
12'
13
33%
1
Corp..
45
43
*
common:
19%
100
7%,
l
13%
common
15% May*
25%
"7%'
1
Brewing Co—————
(Herman)
Sep
17
13 M*
Aug
Ml Feb
Sep
3,700
•
Ltd
new
Nestle Le Mur Co class
87%
Sep
1%
100
10
12%
Machinery
Car
Neptune Meter
Jan
111%; Feb
12% May
1,300
lx%
"l%
—1
12%
25
4
Nelson
10% July
7% Jan
—1'
.—
46%
12%
4
36%
60
Ffeb
14%
July
56%) Jun.
90
38%
2
4%%
48%'
36%
1
26% Mar
108
48%
Kobacker Stores.——
Krueger
10%
30%
*
26
May
6% May
8% May
.100
—
M
15
.100
King Seeley Corp.—
Kingston Products—-'—!
Kirkland Lake
•%
125%
125
109%-109%
.100
!—
preferred D
103/8
May
100
9
Feb
12% July
15% Feb
4,700
1
National
,r
preferred....
;
Kings* County Lighting 7,% pfd B
Klein
6
3%
*
common
National Tunnel to Mines common—1
National Union Radio
30c
122% July
15% Aug
163/4
9
—__5
-
4M2 ?c
Kirby
16 3/4
*
Kimberly-Clark Corp—
5%
7,200
——.*
t Walter)
Kidde
8
100
Co,.
Kennedy's Inc
Key Co
73/4
Feb
14M4 July
11% May
5 Ma Apr
2% May
2,200
3M4
National Radiator Co
Jan
30
8
"3%
National Mfg & Stores common
National Pressure Cooker common
National Transit
7%
Mar
24%
12% July
10 Ma May
600
7V4
1
common
preferred.——
National. Steel
Kawneer
Hess
13
1
1—
National Mallinson Fabrics
Jan
K
l
♦
common
National Fuel Gas;
Feb/
2y« May
7% jun
100
_»
Kaiser-Frazer Corp;
lo
—
37
138 y4
4
Jan
9
*
_
Co_
common
Feb
%
24% Jan
Julian & Kokenge
Co
High
Jan
1% Jan
Sep
1,100
30
112% July
18% May
500
22% Feb
4'/a
200
10 y8
10
13 Ma
7%
4%
Low
200
114%~114%
100
32Mb
13%
National Breweries
10%
Tel
Range Since January l
High
32
Jan
J
I
Low
32
13%
National
1
Shares
Muskogee
Feb)
Namm's
Jeannette Glass Co common.,*..
Jefferson Lake Sulphur Co
—*.
for Week
•
common
to
Sales
Range
of PMces
Murray Ohio Mfg Co
*
Muskegon Piston Ring common— 2.50
Sept
6%
3,000
.
Week's
Last
SalePrico
Exchange
Par
Mountain
15%
May
9Y« May
12% May
1% Apr
16%> May
100,
Curb
Feb
2
600
York
16%
11%'. Apr
300
New
1
High
10% May
103/4 Sep
6,300
113/4,
15% '151/2
,
12
Friday
2,200
1V/2
;
SEPTEMBER
STOCKS—
Range Sinoe January
Low
10 y2
2
EXCHANGE
ENDING
1
Shares;
High
10%
15%'
CURB
WEEK
•
Range
Sale Price
-
•
Sales
for Week
FOR
—
-S
--
10
a
Sep
101% iu
11 Ma
11 Ma
9
Feb
Feb
'"Y
11
36
(1076)
THE
COMMERCIAL
NEW
YORK
RANGE
Friday
STOCKS—
York
New
Week's
FOR
FINANCIAL
CURB
WEEK
Range
Shares
Low
SEPTEMBER
Friday
High
Low
6%
preferred
Quebec
Power
X86
210
85
156% 159
100
Co
88
90
155
*
.
96
Shovel
Co
Roofing
Inc
Feb
Tobacco
&
Tobacco
Allied
Railway & Light SecuritiesVoting common
Railway & Utility Investment A
Rath Packing Co common
*
Raymond Concrete Pile common
—10
—,
$3 convertible
Raytheon
Roller
Shoe
Reliance
preferred——
Manufacturing
Reed
Regal
Bit
Rio
17%
29 Va
29
"
Engineering
5%
1
500
14% May
20%
22
32%
1,200
1%.
dep rets for ord reg
Corp common
20
30
Roosevelt Field
Root
Russeks Fifth
Ave
Ryerson
&
17%
Union
Gas
of
Petroleum
*
—-
...—*
4%
5
6%
1
47/a
7
X5%
—
Ur.ion
Feb
Oil
$3.75
32
Co
pfd
of
Aug
Class A $2
conv
pref
United
Milk
Jan
187/a
Feb
14
Feb
Apr
10% July
3% May
600
5
3%
100
fl7/a
Sep
Apr
13
12%
13
3,100
38%
39%
11
<
,
Samson
fi
United
Corp
8%
2,700
1
Co
Products
25
common
32 Va
*
*—
Amer
Feb
United
dep
NJ
United
Feb
rets
RR
32 Va
'
—
1
common
4%
2%
2%
3,500
17%
1,050
83%
84
•
1
•
•
1
Canada—:
Boss
& Elec
Profit
regis.
Canal—
Paper Mills—.
Machinery
10%
3%
x31
27
600
10,100
Apr
12
17
39%
Apr
7%
Jun
5%
Apr
8%
Sep
May
20
33%
28Va
Jun
35%
-*
9
5%
300
1%
200
17'/a
16y4
29
—
1
3%
29
3%
19
3%
19
19
—*
*
——
2 ya
100
1
—
63'A
.
I
-
8%
200
2%
14 y4
325
18,
—.
33%
s
33'A
714
__
16%
1
3%
16
3%
5%
13
Texas
1
200
.4%
—
*
Power & Light
7% pfd
Texon Oil ft Land
Co—
Textron Inc
100
2
50c
_
ro.
loutnoies
see
page
37.
12
Woodall
6%
&.
Oil
Va
77%
'
Jun
27%
29%
15%
50
400
12%
—
13 V4
9
500
111
14%
7
13%
"
14%
100
j*-
2$
25
26
-
6
Sep
113% Mar
14% Sep
-
.*•
131
Jun
Aug
' Mar
31
31%
34
34-
14.
22%
Apr
22%.
23
400
19
Jun
16%-
17
300
13
May
11%
12%
750
11%
Sop
14%
15%
14 Va
Aug
19%
Jan
6% May
Sep
8%
Jan
21%
Feb
15%
Feb
Feb
18
..
17
12%
-
1
'
—■
25
17%
,—;.__*
200
5%
200
17%
225
13%
—100
•
5%
16%
14
1,400
/
Jan
14%
1
15
200
11
11
11%
200
—5s
9%
11
9%
Jan
'27
19% July
Jan
20%
11% May
1%
2
%, July
22
July
17% Jan
Jan
107
Ltd—
32
37
16%
—.10
receipts
12% Feb
8% Feb
2% Feb
34
—1.
w...
Jan
May
May
10
Inc.
common.
8%
M 105
-IV
108%
Feb
7
Apr
May
16%
Feb
Jun
12% July
14% Jan
9%
100
9%
Sep
~2%
2,800
~2%
May
Jan
2%
2,500
Tel
.
series
Feb
19% Feb
122
¬
il V4 MbvcG
12 1
•
>20%
May
Aug
Feb
—
H wet'Hit11;
■fW-—
Steel
Debenture
1st
Gas
ref
ref
ref
J-J
M-N
103%
J-J
106 %
2%s
series
R
A-Q
(Bait
City)
105%
—
.
1.1
I
I
......
1965
..
105%
106 Va
108%
112%
115%
165
165
104%
106
180
105%
14
•
'
87 ''
87
142
64
90
252
64'
81%
759
57%
81%
103%
105%
105 -
104
104%
105% 106 Va
92 %
92%
92%
J-D
$108
J-J
18'
104
103%
29
104%
110
104
90
40
183
$103% 104%
A-O
•
90%
107%
•
106%
93%
109
106%
-105%
110% 114%
104%
25
Af-N
113% 113%
38
A-O
116% 116%
1
104
—
3%s
'
103 %
102%
80%
104%
Ikf-Q
J-J
1962
Gas
101
16
34
104% 104%
1977
1981
107% 111%
117% 119%
85%
&
debs
2
High
102
82%
80%
1969
—^
Lt
mtge 4%s
1954
Delaware Lack & Western RR—
Lackawanna of N J Division—
1st mtge 4s ser A
1993
A 1st
mtge 4s ser B_
—1993
Eastern Gas ft Fuel
-
85%
M-S
5s
Low
100%
~4
103% 104
M-S
-—Jan 1966
Range Since
January 1
106% 107
105
J-J
Feb
60
$166
F-A
3s
101%
Q-F
1958
No.
$110% 113%
—1954
-
119
101
J-D
Pwr (Bait) —
mtge 3s ser P
1969
mtge 2%s ser Q—____1976
conv
119
101
J-D
Ctfs (part paid) .1927
5s
El
107 Va 108%
J-J
1998
Sold
High
'
1955
...1964
Bonds
$101% 102
^..2024
A
1
Gen
*ST
Friday's
Bid & Asked
107%
1953
5%s
6s
5s
Debentures
W
or
J-J
J-D
1960
Service
Consol
»
Sale Price
1970
"3%
Week's Range
Last
Period
1961
C
Consolidated
lOVa Aug
•'Iff
Friday
City Electric 3%s_!
Telephone of Canada—
Debenture
Feb
9 9
ft
Interest
Edison 2%s
.1970
§Central States Electric
Corp—
A5s (10%
redeemed)
1948
A5%s
(10% redeemed)
July
,
2
Exchange
4%s
deb
Feb
34 %
Jan
■<
Electric
ft
§AChicago Rys 5s
14%
10
Tel
Cities
20% Jan
4% Jan
Jan
Curb
Sep
32
•
Boston
35% Aug
8%. Apr
6,000
York
Bethlehem
Jan
18
May
8%
_£1
J/-N
-
,
•
J-J
116%
58%
v
102%
1.
•H?*
"
J.
*!>
69%
29%
29%
2
25
102% 102%
May
■
.
4,900
Feb
Feb
27
'
6 Va
1,500
Low
5s
Feb
17%
29% May
10% May
;
13%
2%
14
—
10
Atlantic
Bell
Sep
117
12%
300
8%
■
Aug
May
May
3% May
IV* May
6% May
900
4%
Apr
2 Va
100
6%
2%
,
15%
3% Jan
13% Feb
113% Apr
5% Feb
8% May
600
15%
—
-
_*
Hargreaves Ltd
Associated
Feb
12% Apr
200
400
12%-
1,700
6%
1
Co
deposit
11
1
Corp.
w
10%
"2% ~2%
2%
-
——__—__20
Writing Paper 6s
Appalachian Elec Power 3%s
Appalachian Power deb 6s
Feb
7
Jun
12 % May
3% Jun
200
314
200
<
•
110
preferred—*
Coke—
5
Amer
Feb
26
10
12%
Feb
1%
10%
-
-
4
preference
1st
—
7% May
12%
Feb
BONDS
Feb
8%
350
-
-
126% Mar
Jan
July
Co.
ft
(F W)
New
Feb
5%
331%
—
—
5%
4
Industries Inc
Petroleum..
American
Wright
2%s
10
94
14
1«.
ft L 4%%
pfd
Portland Cement
Wool worth
Feb
9%
,
13% May
20
May
32% *33
-
—
*
:
8
20
1,500
Feb
—30
—
Brothers
Woodley
T
.
1,100
6%
Sep
1
Coal
preferred
Wolverine
Feb
Jan
100
13
4% Jan
22% Mar
2%
-
Wisconsin P
Feb
12%
7
300
7!%
9
95%
95.
100
Inc
Products
Wilson
Feb
130
2%
18
16l/a
3lA
13
1%
.
3
21
11 Vb
$6
Feb
'
25%
25
32% Mar
May
May
May
May
May
800
900
500
7 %* 1st pfd—100
Stationery com—*
ft
C)
Feb
4
Sep
May
11% May
1% May
3,100
13%
6%
2,600
9%
25
23
Feb
2,000
ctfs. ext.*
Corp——
(Wm)
(R
Willson
1st
Taggart Corp common
Tampa Electric Co common
Technicolor Inc common
trust
—
Coal &
River
Williams
32% Mar
63% Sep
17% May
14% Jun
200
8%
*
10
17%
iya
1
25c
20
2%
5
*
13%
4% May
91%
*
Corp
1,500
300
2%
*
common
5ya
17%
8%
—
1
Corp..
Sun Ray Drug common
Superior Portland
Cement, Inc
Superior Tool ft Die Co
300
May
8% Sep
3% Sep
63%
•
1
—.
3%
*
50
3%
6%
_1
Assoc
1
common
8%
4%
5Va
—
28%
3%
Feb
100
-J•
Jan
22%
8%
95
4% July
21% July
8'A
—
Aug
23
3%
Jan
36
3%
--
1
—1
1—
25%
Aug
May
—
1
,«.*——
2 ye;
—
36
22%
1.25
Feb
3
2'A
2Va
Apr
11%
Utilities
Texas
Wichita
Jan
26
17% Mar
97/a
28%
Jun
*3%
Manufacturing..—
Jan
2%
9% Sep
27% Jan
1% May
1% May
9%
28'A
2 Va
26 Va
3%
<
Whitman
July
8%
9
500
2,400
50
9%
28%
-1
30
4V4 May
4% May
1% Apr
14% May
1,700
1,600
2,500
1
—10
_
28%
3%
warrants
Aircraft
Westmoreland
Aug
150
17'/a
800
34%
—*
:
Westmoreland
8% Mar
Jan
34%
1,000
19% July
34"%
11%
Co...
Western /Tablet
33% July.
29% Jun
16 Va
1%
10
46
28% July
3l/a Aug
5%
20
Jan
Jun
700
Apr
18% Feb
3% Aug
3 Va
Weyenberg Shoe Mfg
-
29 Va
900
20'A Aug
3% Feb
10% May
3
Aug
—
Western Maryland Ry
,
41
200
400
"2% "2%
89%
Jan
11'A
West
Jan
28 y»
1%
common
25
1
;
voting
Watch
West Virginia
Feb
7
287%
3%
3y4.
1
preferred
700
12
*
Winnipeg Elec common—
5%
common
2%
84%
Wentwortfc
;.
Feb
May
28Va
—
2
Ve
—.—5
Inc—
Baking Co
Warner
Feb
27
20
82
100
1,700
12
13% Mar
71 Va Apr
49% July
14% Feb
23% Jan
45%
—*
pfd
cum
Ward
Feb
4
-
3% May
1,000
9%
Jan
May
Sep
8% May
11
May
15
May
2
May
62
120
20c
preferred—
$2
102%. Apr
28
Apr
15% Jan *
x,28%
31%
'
84%
—-—1
Co....
& ;Bond
Waitham
Jan
27
44'%
.
10
2,675
.
12%
12
1
5
preferred
Petroleum—
Aircraft
Waitt
Jan
8% Aug
312
700
31
31%
9%
12%
-
Feb
7% Apr
293% Feb
3% Feb
W
Feb
*n>o
44%
—
65%
46%
— —
10
Syndicate | Inc
Manufacturing—
Waco
Aug
May
300
5
7% Mar
251
Sep
1% May
30
63%
common——10
common
Wagner Baking
Feb
31%
x28%
—.
—
Oil
Feb
Sep
115% July'
Aug
24
Apr
7% May
3% Aug
2% Mar
251
45%
Jan
14
73
99
4,700
2.78
Sunbeam
Swan Finch
24
Sep
28
Feb
7Va
:
Corp
Co
4
-
x31
3V4
Stop & Shop Inc
&
4%
4 Va
-
4%
28Vs
Sterling Aluminum Products
Sterling Brewers Inc—
Sterling Engine Co—
Sterling Inc
(S)
3%
3%
4%..
10
10"%
3%
7
>
—
5
:
Steel Co of Canada
—
Stein (A) & Co common
Co
,
———10
Standard Products Co—,
Standard Tube class B—
Starrett (The) Corp
Stinnes (Hugo)
——
9%
37/a
.
-
—25
Forgings Corp——
Oil (Ky)
Standard Power & Light
(J. B.)
—
—
25
.
Standard
Stroook
4%
25
Standard
Stetson
Vogt
•
Stahl-Meyer Inc—1
Standard Brewing
Co.—
Common class B
Preferred
Feb
13% Aug
14% Mar
May
25% July
Apr
—
—10
convertible
2
x255
Apr
24
-1
Venezuela
36%
6%
May
16%
110
45%
50c
,
.
Convertible preferred
Standard Dredging
Corp
50
19 Va
300
,v
$4
Venezuelan
10
3,600
*
—
17% Jan
27% Feb
24 Va
64
*
common
Jan
45 % Mar
Apr
22%
50
1
——
13
May
27%
251
1
new
Jan
Aug
14%
—
25
common
Apr
7%
27
1
Co
29
100
warrants
40
3/a May
100
l7/a
Securities
62
„
24
—-25
Reclaiming Co
Valspar Corp
July
Jan
11%
21%
Apr
Jun
Feb
92
Feb
4,100
36
7
104%
Jun
26
7,600
Feb
Feb
423
1,806
99
Jan
Feb
90% July
Sep
106 Va May
ft
17%
Jan
21%
Jun
%
36
22
—5
with
Sugar
& Light
Power
4%
27
40
Ucah
100
10%
common
Products
13%
100
7%
99
—
Jan
9% Jan
2% May
Mar
2,000
37% '
Xl67/8
—
.
10
.
7%
Utah-Idaho
3%
9% May
—40
277% 279 %
,—12.50
preference.
preferred.:
Southern Pipe Line
12%
Jan
Feb
~3%
Va
l7/a
:
Consolidated Oil
Insurance—
Universal
Universal
4%
69
—
12
36%- 36%
...
7%
1
Southern California Edison—
5% original preferred
convertible
4
12
—
1
1
Southwest Pa Pipe Line
$1.60
-108
Universal
Feb
102% May
10%
common
common
Stores
100
10
————
Rubber
May
'■
_1
Southland Royalty Co
Spencer Shoe Corp—
300
100
108
S
United
300
25c
International
21%
2% May
18% Sep
2,400
12
*
common
Standard Cap & Seal
•
-
Aug
Mar
3% Feb
11% Feb
May
5% May
56
~3
36
100
—
preferred
Jan
1
Apr
8% Jan
11% Jun
<
-1
Coast Corp common
South Penn Oil
common—
cum
18%
12%
71%
U
Feb
1st
13%
4%
24
Aug
6% May
7 Va
17%
-—
Sharing
Radiator
37%
1.
Corp
conv
18%
and
S
2ya May
1,800
12%
—
100
—
Manufacturing Co—
4.32%
2%
S
U
33% July
6'A Jan
Jun
2 Va
600
Ltd—
preferred
Shoe
Graphite
$5
Feb
2% Mar
6%
S
U
July
5%
May
5 Vb
100
69
—
£ ti
South
4.48%
18 Va
-—190
Co—
preferred-
Manufacturing
13
2%
*
—
dep rets ord regis.—
Sonotone
600
—
Solar Aircraft Co
Solar
2%
—
70
—*
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
(Howard)
1,000
13
—
*
:
-
Silex Co common
3.90%
7%
2 Ve
—
common—25
61ntmons<-Boardman Publications—
$3> convertible
preferred——,—♦
Simplicity Pattern-common
_1
Smith
6%
—
100
of
78
80 Va
7Va
—--;*
——
Sick's Breweries Ltd
150
1
Power
new
—.
.5
-
Bloux.Clty Gfts
.
16%
—*
preferred—
Amer
3,900
2%
.1
Mining
Sherwin-Williams
100
2%
—1
common
Bheller Mfg Co
17%
2%
16%
1
Corp common—
Safety Control
Serrick Corp class B
&
3%
Feb
10
—
Sentry
Sherwin-Williams
—
-25
Radio
Water
Jan
29% Apr
8
May
2% Aug
17
May
2% May
19
May
2
Apr
13
May
200
1
prior stockAllotment certificates—.
Semler (R B) Inc
Bhawinigan
1,400
1,100
9%
5
$5.50
Leather
Shattuck Denn
37/a
33
17%
2%
-*
Inc
Convertible stock
Seton
—
9 Va
July
32% Feb
7% Jan
12 Va Feb
Aug
300
-
'
104
37 %
*
ord
&
6%
104
"5%
*
U
% May
May
3 % May
X25% May
1
Selby Shoe Co———
Sentinel
-
37/8
6%
—
7
common.
13% Feb
1 ya
*
& Hardware
Industries
2
900
—
—
Selected
100
2Va
37/a
Jun
4% May
100
6%
7%
V2
:—
United Molasses Co
2%
6%
7%
10
United Specialties common
U S Foil Co class
B—
•
—
1
Securities Corp General
Seeman Bros Inc
Segal Lock
3
l7/a
l7/a
*
Manufacturing
Steel
6%
3
—
1
Schiff Co common
/
Schulte (D A) Inc common
Scovill
Bcullin
"
5
,.
27
2%
~6%
*
Gas
43
27 y4 May
common-;
Savoy Oil Co
Sayre & Fisher Brick Co
1,300
;
Preferred
Mar
57/a
7% May
2,700
8%
8%
6 Va
*
*
warrants
Elastic
Corp
United
24%
15
39
1
1% May
9
._50c
common
12% Aug
Feb
6%
15% Apr
25
50
—
5,300
100
Corp common
Light ft Railways
Apr
*
Salt Dome Oil Co
2%
-
*
.—
Corp
Preferred
Ltd
2
•—_*
A-
Chemicals
United
10%
Lawrence Corp
102%
1%
4%
3%
May
~6
5
Union Stock Yards of Omaha
United Aircraft Products com
United
St
Sep
1 Va
3% May
Calif—
series
United
5,200
X5%
100%
300
Jan
105
1,000
Jan
2%
May
4
*
United
15%
1
475
12 %
lV'a Aug
3%
IOC
Co—
20% July
6% Sep
15%
common
Investment
107% Mar
Mar
3%
..
Haynes
Feb
Corp
Corp
Canada-—;
Chemicals
Jan
4,900
1,200
—
2%
Sep
25
1,500
6%
11%
1.25
Co
79
*
Realization
Unexcelled
14
19
4%
10%
*
140
3%
1
14% July
6Va
10
common
Ryan Aeronautical
Ryan Consolidated
17%
400
2
preferred
Aug
IVA
Rotary Electric Steel Co
Royalite Oil Co Ltd
1
Works
12
5
Co—
July
1%
100% 101%
1%
1%
7% July
63% Jan
Jun
97'A
._*
300
—1
Inc——i
Petroleum
67/a
1% May
102
200
12%
Apr
49
U
Ulen
United
12 Va
2
—_i
100%
40% July
22% Jan
17% Jan
Apr
5%
170
1%
1
:
convertible
13
700
94%
__
-100
—
5
Works
"
7%
53
High
Jan
12% May
x8
*
——*
8Va Mar
May
37/a May
2,300
30
—
£l
Cable
Metal
80c
7%
53
—
l7/a
103%
Royce Ltd—
Amer
Inc
Tung-Sol Lamp
Jan
4y8
102
——
*
800
16
7%
*
reg_;
Trunz
Feb
300
1%
pfd F_.—100
17
17
1
—.
33
Jan
200
4%
400
50
Jan
23%
15%
v/arrants
Union
—
Ronson* Art
13%
18% May
5% Aug
15
Lux Corp__i____
Sep
67/e May
400
\
Valley Gas Co—
(Texas Corp) v t c
Rome
..
55%
5,000
..
19 y4
Grande
Rolls
Feb
Jan
Feb
23%
—1
Rochester Gas & Elec 4%
Roeser & Pendleton Inc
31
38%
51
Low
39
regis
def
.
xi9
xl9
rets
ord
Tri-Continental
Feb
2
5%
*
dep
Trans
40
-
21%
5%.
Feb
23
5
—
rets
Range Since January
1
High
39
,
Shipyards Corp.:
Toledo Edison 4 % %
pfd
Tonopah Mining of Nevada——
Jan
Apr
1 % May
27% May
375
7%
x21
8%
19%
15 y2
297/a May
54i/4
7'/8
21%
1
2% May
500
291/4
7/4
*
&
22,800
18
54
5
common
Co
Electric
3'/a
17
•
Co
Rice Stix Dry Goods
Richmond Radiator
2%
Low
Construction—1
Stocks
Todd
1
10
dep
Amer
R
3 Ve
Shares
Security Trust Co Ltd—*
Amer
Radio-Keith-Orpheum option warrants-
for Week
-1
——
Realty &
Brewing Co
Tivoli
Feb
Sales
Range
of Prices
5
common
Tishman
Jan
18%
Week's
Last
gale Price
Exchange
Par
170
May
May
May
15
Curb
High
Tilo
86
York
New
Thew
*
12
STOCKS—
Range Since January 1
j
common
Monday, September 15, 1947
EXCHANGE
ENDING
for Week
of Prices
Par
Quaker Oats
CHRONICLE
Sales
Last
Sale Price
Exchange
Curb
&
9
•102%
16'*'
86
v
119%
08%
36%
106
Friday
BONDS
York
New
Curb
Week's Range
Interest
Last
Period
Exchange
Sale Price
Friday's
or
Low
Elmira Water Lt & RR 5s
1956
M-S
standard
120% 120%
1961
MS
$—
1948
J-D
1950
J-J
1963
J-D
Mountain Power
3%s
Guantanamo & Western
1958
6s
Hygrade Food 6s ser A
B
series
5s
Power
A6%S
(Dec
A7s
1941
103 y4 103%
104%
104% .105%
M-N
104'/a 104%
6s
104%
J-D
$32
106 y«
32%
$32
J-3
J-3
1963
3%s
1966
Kansas
Power & Light
3%s
1969
1964
J-D
$108
108%
108
110
2030
A-O
$107
108
105%
108
122
122
115%
122
103% 104
101%
105%
5s
1969
3-D
1959
F-A
Union—
debentures
103 Vi
41
42
BONDS
53
99 V*
33
78
94
Agricultural
33
42%
$110% 113%
103
ACauca
Valley
Danish
Cons
110
111
102
104
6
53
65
1963
M-S
3 Vis
1961
M-N
N Y & Westchester Ltg 4s
2004
3-D
Ohio Power 1st mtge 3
1968
AO
_1971
60
A-O
1967
A-O
62%
$103% 105%
103
*3
106% 106%
—
104V4
105%
1073/4
mtge 3s
1st mtge 3s
1964
$103
103%
1013/4
106% 107
107
13
AExternal
$87%
—
1063/4
109
107
■
-
77
—
•
AMedellin
_
41
44
M-N
$-.
$-
88%
3-J
$17
9
106%
4
107%
109
11
A-O
Safe Harbor Water Power Corp 3s_1981
M-N
159
$107
Bank of Bogota—
May 1927)
(issue
San Joaquin Lt & Pwr
MS
118
1952
1951
105 Va 105%
California
Edison
California
Gas
Southern
Counties Gas
1st
Gas
Spalding (A G)
&
104%
106
108%
3
108%
118
121%
Stinnes
3rd
55
47
A-O
1947
J-D
52
m.+>
60%
53
—
$30
..
25%
25%
J-D
$-.
90
90
98%
M-S
$29
30
25
37
105'A 106%
$106%
39
105%
(Plan A)
2%
.2012
to
•
A5%s
105%
1921
;
J-D
J-J
—
32
80
2%
6
2%
*
2%
2%
24%
2%
4
2%
6
26
$23
2%
J-J
1919
6'/as.
Government
ARussian
1073/4
104
reduced
107%
106%
—
stamped
Janeiro
de
Interest
100 VA
3
104% 104%
; $107% 108%
A-O
112% 112%
1966
A-O
$67
73
68
107%
1946
3-J
$37%
40
33
•No
75
47%
_
101
103% 103%
M-N
108
g
104%
893/4
-1949
United Electric Co of N J 4s
J-D
20
38%
38%
A-O
3
104% 104%
35
f Ex-distribution.
© Odd-lot sale.
d Ex-Interest.
x Ex-dividend, y Ex-rights.
sales being transacted during current week.
•
ABonds
rCash sale,
'
*r
>
.
traded flat.
being
IReported in receivership.
47%
104%
Under-the-rule sale.
i
Abbreviations
1946
Deferred
n
$Friday's bid and asked prices; no
116
Industries—
stamped
delivery sale,
a
value,
par
Ex-stock dividend,
Corp—
stamped
(Hugo)
A7-4s 2nd
J-3
97%
1989
1950
trust
(Hugo)
A7-4s
Stinnes
A-O
$100
F-A
5s
collateral
M-S
"I
118
Elec 3%s_—1970
AStarrett Corp inc 5s
5s
52%
—
34
30
..
—
mtge 3s
Southwestern
1965
1970
3s
3Vis
(Calif)
A-O
1971
Southern
Southern
47
$45
M-N
1947
1927)
Oct.
of
Mortgage Bank of Denmark 5s
1972
stamped (Plan A)
Interest
reduced to
2VaS..—2008
170
Rio
Scullin Steel inc mtge 3s
18%
28
52
29
$45
3-D
—
Parana
Queens Borough Gas & Electric—
5Vis series A
1952
6s B
29
15
"■
$27
>
Public Service of New Jersey—•
160
94
21
$43
M-N
AMortgage Bank of Chile 6s——.1931
160
96
68%
—
$10
MS
2008
2%s
(issue of
A7s
108
107% 107%
M-N
45
21
1951
to
stamped
A7s
106% 106%
3-J
certificates
22
90
F-A
78
87
3-D
...—1970
—
J-D
6%s stamped_1958
(Plan A)
reduced
7s
69
76%
90%
69
69
13
J-3
1952
stamped
City (Peru)
stamped
Mortgage
Pennsylvania Water & Power 3Vis_1964
6%5
Interest
High
--
73
Waterways—
Maranhao
104
105%
$105% 106%
3-J
&
Low
77
$67
1953
5s
Pert
ALima
Vis
A-O
Loan—
5%s
External
Danzig
January I
No.
1948
«...
Range Since
Sold
High
1955
7s
Municipal
External
to
(Col)—
April 1946
Jan 1947
Mortgage Bank
Bonds
Friday's
or
Bid & Asked
Low
104%
1
—
103
Last
Sale Price
102%
104%
—
Week's Range
Friday
Exchange
A20-year 7s
A20-year
7s_
Bogota (see Mortgage Bank of)
31
$104%
Curb
Interest
Teriod
Midland Valley RR—
Milwaukee Gas & Light 4Vis—
England Power
York
New
86
"
$29
—
42
32
6
■
42
oo
83%
F-A
McCord Corp deb 4Vis
32
>-» o o
83%
3-J
1956
100
3-D
perpetual
82
3yaS
42
34%
35%
32
J-J
Electric Power
6%
High
63 V#
43
34%
31%
—
Kansas
3 Vis
13
108 y*
34%
7-3
1952
Altalian Superpower 6s
1st
76%
104%
35%
1957
6s
Park Lexington
MS
5s
Traction
f
1954
,
105%
34%
$32
1952
Interstate Power 5s
New
Low
104
103%
J106% 107
¥- A
1952
;
Extended at 4%
debs—
Power
s
January 1
No.
Hotel—
Newspaper
conv
76
Range Since
Sold
High
68
102%
'
1957
(July 1941 coupon)
Debenture
103 Vi
F-A
Penn
Western
Bonds
Friday's
or
bid & Asked
107%
104%
1955
coup)
(Aug 1941 coupon)
A7s
A-O
J-J
1957
series F
A 7s
Water
West
106%
56 Va
104Va 104%
1949
1955
1
104%
65
105
63
1970
series E
A7s
A-O
44
Sale Price
Sec—
series C
A6%s
*58%
1963
.
Indianapolis Power & Lt 3Yas
International
income
Wash
103% i05y4
105 Vi
1950.
Jan
ref
lien &
Waldorf-Astoria
84
55
105
J-J
Jan 1949
Indiana Service 5s
1st
$63
Last
Period
Low
124
63
$103% 104
Week's Range
Interest
Exchange
High
120%
75
Curb
West Penn Electric
AGeneral Rayon Co 6s ser A
6s
1
York
New
A5s
Grand Trunk Western Ry. 4s
Green
Low
BONDS
January 1
No.
High
Friday
Range Since
Sold
Residential Mtge Bank—
Finland
5s
Bonds
Bid & Asked
used above—<'cod,"
"wi," when issued;
1Q6%
certificates of deposit; "cons," consolidated; "cum," cumula¬
stock; "v t c," voting trust certificates;
warrants.
convertible; "M," mortgage; "n-v," non-voting
tive; "conv,"
"tw," with warrants; "xw." without
OTHER STOCK EXCHANGES
RANGE
.
FOR
WEEK
12
SEPTEMBER
ENDING
<>.(
■■
■
,u
'
...
*
Last
Baltimore Stock Exchange
Week's
Friday
Sale Price
stocks—
Par
Arundel
Corporation
of Prices
Shares
11V2
18
—
Eastern
Low
160
16
High
Transit Co
com
1st preferred v t c
5 %
v
t c
—
*
4 VB
4%
18
106
23%
25%
294
Merchants
&
Miners
10
Transportation—♦
Mills—
20
40
40
40
4 Vb
Apr
9%
Jan
19% Aug
44 V%
54
40
40%
Jan
U S
43
200
43
Sep
43
50
65
37
Jan'
50
Aug
SS
44
44%
83
393/4 May..,
series
100
Gillette
•
Inc common
*
•
*
*
Stores
Safety Razor Co
1975
75%
75%
1975
4s
A
85
85
Week's
Friday
$5,000
71
July
90%
83
Aug
98
Copper
Cement
Maine Central RR 5%
Feb
stocks—
1
of Prices
Shares
Low
Par
Agricultural Chemical
*
American Sugar Refining
—100
American Tel & Tel
100
159%
*
44%
American
Anaconda
Woolen
—
__
100
prefererd
Boston & Albany RR
Sep
Old
110
34% May
44%
Feb
Pacific
100
Elevated
Ry
Preferred stamped
xl57% 160%
3,226
149%
Jun
174%
Feb
453/8
343/4
879
26 Va
Jan
50%
Feb
352
31
•
105
117
135
Jun
1,002
59%
59%
61%
1,582
57 V4
193/4
20%
230
19%
27
26%
27
440
26% July
50%
39% May
77
Feb
1%
Boston
Boston
prior preferred
class A 1st pfd stamped
class D 1st pfd stamped
Personal
&
Prop
Providence
Trust
RR—
Calumet & Hecla
Cities
Service
IOO
100
100
•
100
27%
4%
26%
28
201
4%
35
AVa
8%
55
5
15%
153/4
41
200
40::
7
34%
7
35%
Folding
140
May-
6% May
23 3/a
Jan
91%
52c
-
51c
—
—
91% 93
50c 62c
139
139
10
—
2.50
Machine
—
—
Sep
Torrlngton Co
United Fruit Co .—
United Shoe Machinery common
6% preferred
Feb
*
—*
—
JO
56 A
Jan
41
U
Feb
18
.
S
93%
Jan
50
Aug
47
Jan
24% Mar
20%
Jen
55
25
Apr
95
51% May
60% July
1,704
31% May
40
460
23% May
32% Mar
18% Mar
22'/a Aug
390
2%
7%
Jan
•Mr*
30
Jan
Feb
4,. Sep
51%
Jan
260
41% May
64
58% May
78%
Feb
30
23
Jun
32%
Feb
225
43% May
60%
Feb
50
15 % May
22%
Sep
12%
21
1,075
Sep
14% May
100
26c
5,000
May
90Vb May
710
% Aug
5,830
Feb
120
40
Feb
19%
Feb
67C
Feb
121
1%
140
4
Jan
Jan
May
Jan
1,700
% July
135
26 Va May
39%
Feb
1,119
17Va May
26%
Feb
4%
Feb
2% May
12
150
Mar
1%
40
Feb
7
600
Aug
14
Feb
3% Aug
11%
Feb
S
Vermont
&
Co
Wefltingbouse Electric Corp
Warren ;(S D)
Feb
~
40
40
52 % 57 %
46
—
Jl% 43%
8
---*
12%
—
—
—
*03/4 bb_4
17 Va
32% May
42% Aug
'
4,835
525
148
44%
Jan
JIJa
JJ A 15%
150
10
71%
45% Jan
48
8
40%
Jun
38 Va May
140
May
Apr
140
13%
100
13% July
200
22% May
Feb
59% July
61% May
46
43 " 43%
145
no
26 »
15% Mar
10% May
50
u
xb4
—•
13% Aug
356
—
"
-
10
Refln & Min Co——50
Mass Ry Co
100
Waldorf System Inc
8 Va
7%
J2/8
Sep
Aug
909
4
12/4 12
16 n
25
Rubber
Smelting
Sep
39% July
17 /a 18 /a
25
8% July
11%
50c 72c
32 /8 33 /s
3%
Jdn
2
72
135
May
Jan
39%
Jun
May
12% May
2Q
270
17 a
—
Inc
Shawmut Assn—
Stone & Webster Inc
U
28
—
23
Co
Corp
Rex all Drug,
Jan
20 Va
-
20% May
4%
8%
12% 14%
16'/,
50
Jan
37%
Sep
Boston & Maine RR—
5%
Quincy Mining
Reece
42-
20% 26 A
-
Mills
Reece
42% Mar
May
41
;
Boston, Herald Traveler Corp
—-100
Pennsylvania RR
42
J3% 44%
***(» ^ 8
56 /a 56 %
-100
2.50
9
July
20
18
220
*22 /« x^z ,%
14
74
10
,
—
*00
49 Va
193/4
25
x20 x20
3/a 4
—
1
»
-1
Colony RR
34% May
124% 126
100
*55% 57%
35, a 36 /a
26 % 27%
High
Low
High
-
May
100
22% .23
2B /4 20 /4
1
England Tel & Tel
Butte Mining
Northern RR (N H)
180
383/B
2/4
*
North
Range Since January l
—
—
—
New
493/4
40%
46%
40%
323/4
50
Copper
Boston Edison
10%
,a
—
Narragansett Racing Assn
Nash-Kelvinator
National Service Cos
for Week
Sale Price
American
:
--
36%
27
—
\
Star
Lone
Sales
Range
...
21 ,a 21,4
—
Mach Co_10
Royale Copper..:
Kennecott
Feb
4,000
Last
■«'
2
'•>
22%
15
International Button Hole
Jan
Boston Stock Exchange
$' \
—
.
Mergenthaler Linotype
Mullins Mfg Corp class B.;
Boston
2
BONDS—
Baltimore Transit Co
5s
—100
100
X68/a 72
—
•
Electric
General
46 Vi
Lines
National
First
Isle
.
Ry—
—
Employers Group Assoc
Sep
50
50
Fidelity & Guaranty
Street
series A
pfd adjustment
5%
Jan
43
50
High
joto
Lt
60
225
Jan
Mount Vernon-Woodberry
Common
Range Since January I
tge
High
Associates—
1st preferred
Eastern
Fidelity & Guar Insurance Corp
Shares
1°0
Common
5%
Baltimore
& Fuel
Mass
Eastern
25% Feb
May
Gas
preferred
6%
Range SInee January 1
High
18
of Prices
ParLow
for Week
Low
for Week
Sale Price
STOCKS—
B
Range
Sales
Range
Last
Salei-H
Week's
Friday
60%
50%
146
Apr
May
F"b
Feb
July
17% Jan
18
Apr
30% July
38
(1078)
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, September
15,
19J
OTHER STOCK EXCHANGES
RANGE
FOR
WEEK
ENDING
SEPTEMBER
Chicago Stock Exchange
Friday
Week's
Range
of Prices
Par
Advanced
Aluminum
Aetna
Ball
Allied
Laboratories
American
Tel
&
Armour & Co
Asbestos
Castings—
Bearing
common-
Tel
Bastian-Blessing
Brach & 80ns
Bruce Co
(E L)
(A M)
S
W
Doehler-Jarvis
Mills
41
18 Va
20
33
(new)
common
24%
64%
400
8%
8%
200
c
••
•
.
5%
25
Inc
25%
Inc
Motor
Co
Feb
Pure
Oil
Co
(The)
com
July
39% July
Republic Steel Corp
Jan
Prod
20%
50
18%
140
19%
58%
10%
9%
200
25%
lOO/
50 $
8%
500
14
12%
6%
1,000
40%
150
26%
27%
500
14%
1,800
12
3,300
15
*
15
11%
.
15
200
21
:
21%
150
58%
*
58%
100
40
40
20
40%
•'
100
29
23%
29%
100
22%
■
23%
350
165
9%
20
8%
9%
2,700
5%
5
5%
1,900
'
97
97
100
440
10
21
21
21
150
Jan
34% Aug
25% Apr
21
Apr
18
148
Jan
7%
Apr
5% Apr
93
Apr
21
Jun
6%
Feb
common
48
31
Stockyards capital
Dredging pfd
Feb
1
5
1
*
'
1
Standard Forglngs common
Standard Oil of Ind
capital.—
common
Sundstrand Mach Tool
common.,
Swift & Co capital
stock
1
25
10
6
28
46.
321/4
12%
•
4%
16
-7Va
27%
7%
28%
4%
11%
32
19
—
9%
__
17%
21%
—
32%
12%
15%
7%
—
■-
32
19
3%
4%
11%
32
19
3%
9Va
38%
9%
39%
17%
21V4
18%
21%
32%
33%
750
500
X24 % Mar
10
Mar
1,000
14
700
6
May
% May
150
100
200
100
50
23%,May
4 %
Sep
8% May
30
Apr
17% Mar
700
3
150
9%
60O
100
150
400
May
40 %
July
12% Aug
32% July
13% July
06% July
9%
Feb
34 y8 Feb
5 % Mar
% Feb
38
21
Aug
4% July
.44
July
15% May
X22
Feb
81
May
May
15% July
13%
Sep
'99%
Sep
P
&
S
Sep
21%
Jan
Jun
29%
Feb
26%
8%
422
25
10
'
106% Mar
35
75
Jan
Feb
172
7
119
71
41
12
160
*
50
8
110
9
100
.
110
h *.
'
23Va
16%
109%
16%
88
14%
49
51
95
25%
25%
25%
6%
65%
26 Va
66%
26%
,5Va
5%
66%
26%
44
6%
Feb
24% Aug
37% Jan
Jan
Apr
10
7
5
573
July
100
38
67% July
5%
Jan
8
100
8
,
Sep
26% Mar
Jun
49 Va
Feb
7%
.
26
183
"Feb
May
6%
56% May
May
3% Jan
6
500
Apr
27%
Jan
50%
8
20%
54
Mdr
51% July
4% July
43
8
July
Apr
8
49%
49%
-
Aug
43
50
Jan
11
43
.23 %
50
•
69
.
40% May
105
-i-
Mar
25% July
Jan
51%
—..
Feb
113
Jan
47%
9%
Feb
12%
Jun
5
40
;
51%
5%
Sep
14
Jan
53
75
60
45"%
5
160
Jan
46%
-
Jan
14% Mar
20
45
9%,..—
Feb
99 Va
Apr
•
■■
42%
14%
Jun
Apr
7% Sep
7% Jun
170
58
9%
42%
Aug
*
125
.
33
9%
88
121
80""
13
•110% Aug
May
113% Aug
9
' 8%
56
*
Bank
272
9
__
Western
Feb
9
7%
»
.
Feb
Mar
28
9%
_*
—
4'%
20
Jun
160
,
10
Printing
80% July
37% Feb
-
May
79 %
13
*
•
Jan
29% May
2 % May
16
80
*
,—
17%
16
8
—
—
High
5
80
42 %
;
""
255
109
*
—
57
1
-
Low
16 %
22%
-
Range Since January
23
109
56
»"
—
G
B
Shares
110
•.
—
Sales
lor Week
8%
—
.
Feb
52
Apr
52%
Feb
10%
Jan
1
Sep
Cleveland Stock
Exchange
Friday
STOCKS—
;
' j
<
Alleghany
'■
Corp.
'V
'
Low
common
"
a8 %
15 %
:
81%
82
-
common
oommon
.
_
60
.
A,035
AO
37
68
.
a9%
4
,
300
68
75
a35% a36%
—
19
a57
a58
.379
91
July
8% May
32
61%
May "
Jan
Feb
13% Aug
84% July
44 Va
Feb
115 Va
Feb
54 Va
Jan
6%
65
.
Feb
32% July
Apr "
.40% May...
37/« Sep
80
a9%
Feb
7%
HO1/*
12
Fen
10%
Mar
88
15
Feb
Jan
174%
„
July
111
Feb
16
34 %
11V4 July
a4lV*
4
—
"
27% May
13% May
111
*
10
.7% Jan
.5% May
.
a41
a46% a47%
—
*
(Un)
(Un)
80
20
13
.
.
2,680
15%
12%
.
.1,800
a29%,a30%
12%
—
General Electric
General Motors
..
5%
11% May
22% July
149% Jun
_
81
6%
—
(Un)
a8
%
—
1
Cleveland Electric Illumln. com—
4%% preferred
."_j£
Consolidated Natural Qas
(Un)___«^_15
Detroit & Cleveland
Navigation (Un)__5
Electric Controller
*
10
1
High
,
2% May
310
,
"
/ —6%
1
^100
,
14%
12
a23% a23%
al58% al60%
__
—
T
Iron
$4.50 preferred
w.;
a3%
12%
12%
r_
'
Range Sinee January
High
a3%
•
,
Cliffs
Erie Railroad
Shares
1
___—
(.
for Week
of Prices
par
(Un)
Ioe & Fuel
Clark Controller
Sales
„
Range
Sale Price
r
Body
5
American Home Products Com.
(Un)__1
American Tel & Tel
(Un)
1
100
Apex Electric Mfg
common.—,
1.
Basic Refractories
■_____1
City
Week's
Last
'
American Coach &
Feb
Sep
37% May
16
Feb
16%
^
"
.
,
Motors
Cleveland
17
July
79% July
Mar
99
Jan
18
__
17
22%
*
9% Jan
110
May
32%
$3,000
High
26%
—50
>_
Feb
%>•»
•
••••
Lunkenheimer"—
Feb
29
•
99
265
80
—»
_
Preferred
10%
Jun
•
10% May
160
160
•
Feb
8% Jan
100
13%
3%
.1
—
Jan
30% May
Jan
113% 113%
:
Apr
100
July
4%
13% Mar
1,300
3
33%
100
—
6
20
Common
Kroger
Class
32
700
Feb
7% Jan
2% May
12 V8
500
11%
31%
__
—*
——
U
Apr
May
11%
24%
3%
10
Feb
180
5
37V4
17
May
33
—
—.„„•
Randall class A
28
11%
11% May
Range
—
———__.
Feb
50
36%
64
100
Week's
*
Hobart class A
Kahn
July
26%
28%
36%
Feb
400
of Prices
__
50
Jun
28%
12
Feb
13
9
_r,—*
^.r,
24% Feb
26% Feb
2
-
Art
Meteor
14
:•
:
—
National Pumps
Preferred
May
r-
—
Gibson
Feb
Mar
22%
Feb
,30%
May
741/4
.29%
„
—2
—
—Z~;
Aug
18
250
10%
"15%
Sep"
23
2,600
11%
23
20
class A—-_rt.
22
11
lOO
10%
100
16%
-
.100
l—,
Stock Yard
Union
Cola
64%
50
—1
Corp common—
Signode Steel Strap common
Sinclair Oil
Corp
Society Brand Clothes common
South Bend Lathe
Works capital
Soutn Coast
Corp
L.i
Preferred
300
28
33% July
28% July
7% May
"300
33%
"
100
TP
.Hatfield
24% Feb
13% Mar
16% Feb
700
13%
Jan
21% May
400
11%
26
tow
8.50
.■,
.
July
5%
27%
8
31%
•
.
—
Preferred
34% Feb
*
Prod
&
Crosley Motors
Drug
Apr
42
1/4
12%
13%
Feb
Feb
Jan
74
*
*
-
Eagle-Plcher
5%
—*
*
*
20
Dow
7% Jan
11
12%
—
7%
14%
31
15%
3%
56% Feb
18
.
Last
-
.8
Cincinnati
Feb
10
5%
1
par
Laundry Mach
Cinicnnati Street
Cincinnati Telephone
Jan
15%
12%
—
100
Friday
——
Preferred
Coca
18
10
Cummins capital.——
Roebuck & Co capital
24%
*
Schwitzer
page
Jan
2%
common
see
18
13% July
8% May
13% May
17% May
49 % May
24%
99
Products
Preferred
Feb
22% May
Sep
'
.
166
100
Furniture
25
5% May
8
May
26% Jan
Feb
Jan
May
Sep
Sale Price
j
Cincinnati Gas common
t
100
common
*
22%
.33%
Jun
13
'
-—
May
24 ya
Cincinnati Stock
Exchange
Brewing
Churngold
CNQ
6% May
600
26
-1967
—
15
50
2%s
Feb
53 % July
400
8%
40%
1
American
Jan
11 %
90
25
2%
Baldwin
Feb
17%
100
Feb
'
Industries
American
Mar
7%
2% May
50
7%
54
Jun
Jun
19%
4%
741/4
-
Feb
29%
11
14% May
12% May
100
22%
16%
25
Burger
May
.8% May
Feb
100
16
800
26
15
v
Mar
24%
18% May
-
Feb
6%
10%
•
■
24% Aug
19
200^
26%
Northwest Util—
Corp class B
11
11% May
50
3%
40%
10
'
Feb
5%
4% Apr
8
Feb
12%
May
May
39%
3
700
25
STOCKS—
Jan
21
32
500
24%
11%
Feb
70
6
U%
A
Jan
4%
100
3%
;5%
HE
Aluminum
90
AOO
8%
—
class
20
9% May
17
Apr
19 %
May
/
36%
14%
Co common
Feb
.
x24
4%
6
-5
Pennsylvania RR capital
■Perfect Circle (The) Co
(new)
Process Corp (The)
common.
Rath Packing
common
16
21
Jun
21
8%
—-10
preferred
Jun
16% May
,,
150
*
preferred
10
16% May
20
54
Jan
Jan
July
'
*
^
15
7%
vtc
&
Feb
Sep
Apr
12%
54
5
Manufacturing common
Peabody Coal Co class B com—
31%
10%
2%
Feb
8%
20%
Apr
56
11
:6%
4 V#
_
Feb
130
3%
Feb
Jun
500
300
1
FeD
0%
950 V
8%
-7
Oak
20
65
23% May
950
—*
North American Oar common.,
Northwest Bancorp common
Jun
Apr
11
12%
12%
Feb
66
25%
May
13%
Feb
Jan
6%
*100 Y
23%
.21
——1
common
footnotes
150
„
1
& Go
11%
31
10%
—
12
7
common
BONDS-* *
Fairbanks Morse
July
66
—
common.—
Sangamo Elec Co
17%
4'A
'May
May
"5%
9 %
Aug
26% Mar
19 %
17%
50
_
24
_1
common
104
62
-
.200
23%
24
Corp
Sunray Oil Corp
United Corp
st;-
49%
22
1
Feb
9% May
20% Sep
200;*
12
19%
May
Sep
650.;
27
9%
10
400
7%
17 Va
10
Corp capital—
Switch
t
18%
8
preferred
Standard
100
20 %
25
:
81
16%
13%
500
common—1
common
Montgomery Ward
40
30p
20%
1
common
Jan
18%
*
12
10
16
4%
900
July
Mar
200
4%
—
Oil Co Inc
of N J
Feb
35
26
Feb
42
800
23%
1
36%
May
Apr
Feb
,
16%
22%
22%
*
common
30% May
2% May
25
5%
17
41% Feb
11%
33%
Radio-Keith-Orpheum
33%
Jan
;13% Jan
15% July
2% May
May
May
,4%
1
common.
100
5
•
31% May
34%
25
.2%
—
new
Radio Corp of
America common
,62
Studebaker
16%
12
500
Jun
9% May
•
Feb
10%
—*
26
14%
10
Aug
17%
7%
26%
12
100
16
•
*
Wilson
57
500
36%
5
—
Car
13%
16%
*
National
For
American
40
10%
—
13%
31%
11
3%
York Central RR
capital
9% Jun
10%
common
Miller & Hart Inc
Storkline
23%
10
IVe
common
550
Feb
5%
50
17%
common.—;.—100
Pneumatic Tool com—
West
Standard
36%
Standard Oil
Standard Steel
Spring
94%
21
Nat
9%
Aug
Feb
79%
"5%
Pah
Feb
July
101
1,550
1
Co
Amer Airways
Corp
Paramount Pictures Inc
Pepsi-Cola Co
Feb
13%
27% May
80
34%
3%
91%
.—10
common—
.Marshall Field & Co
Louis
34%
3%
3%
15
.
Co
25%
39%
Inc——5
Auto
La Salle Ext Univ common
Spiegel Inc
Electric
Packard
i65 % Mar
30
May
16
5%
Socony Vacuum
25%
10%
1
Libby McNeill & Llbby common
Lindsay Lt & Chem common--
6t
2,700
39 %
common—
Steel
Shellmar
5
100
29%
10%
Kellogg Switchboard common
-•
Kentucky Util Jr cum pfd—.___——50
Berrlck
9 %
Jun
56% ;Sep
34%
10
new
Jim Brown Stores Inc common—
Katz Drug Co common
Sears
900
50
—
Corp (new)
Spencer Bartlett common
Elec
6% May
July
Feb
July
May
Apr
11%
33
Graham-Paige Motors
25
98
14%
,15% Mar
7% May
1,100
29%
29»/a
*
Interstate Power $6 pfd
Penn
5%
58%
34%
5
Brewing
Independent
6%
5%
—10
Illinois Brick Co capital—;
Illinois Central RR
1%
Jan
May
60%
5644
58
19 %
-
23%
310
Aug
408 %
11%
Jan
North
100
13%
16%
42
New
26%
100
31%
-
—
Farnsworth Television & Radio
10% July
8 % Aug
62
11
• -v~;
50
General
8% May
7 % Mar
500
Jan
13%
10
Feb
Apr
70 %
26 %
• •
& Electric
Motors
;
Nash-Kelvinator Corp
300
64 %
•
12
75
.7%
class A
Instrument
Mfg
250
7%
Werner
Modine
13%
24 Va
24%
89%
31
54
1
com
20
7% Sep
May
10
"."5
100
Laclede Gas Light
—•
t
v
Co__
Drive
Bros
prior
Curtiss-Wright
1,100
Harnischfeger Corp common
Heileman (G) Brewing Co
capital
41
Feb
8%
Gossard Co (W H)
common—
Great Lakes Dr & Dk common
Middle
21
10%
General Motors Corp
common™.-—10
Gibson Refrigerator Co common
1
Gillette Safety Razor common
•
Indiana
Apr
8%
common
of America
(Peter)
Hupp Corp
16 %
30
May
May
21
47% May
Jan
5Va May
Continental
100
14
600
100
Columbia Gas
Feb
23%
400
220
'
Products
Jan
16%
11% May
19%
30%
11%
Anaconda Copper
Mining
Aug
400
33
59% Sep
23% Feb
48%
5
American Rolling Mill
45
550
26%
102% 102%
■
&
Alleghany Corp
American Radiator & St San
Feb
13% Feb
Jun
8%
__
(new)—,—.2%
General Candy class A.
HIbb
Jan
Jan
7%
Sep
Sep
Stocks—
35
600
21%
59 %
68
iJ-jt
Unlisted
10%
14%
100
100
29%
common
50
100
22%
48
Jan
14%
10 Vs
_•
Corp
Watch
Four-Wheel
Horder's
50
700
9%
Eddy Paper Corp (The)
Heln
46
14%
__
*
Domestic Credit Corp
Hammond
Mar
100
8
50c
(new)—.
Dodge Mfg Corp
Goldblatt
40
48%
40
-1
Cumulative preferred
Fox
51
900
1,300
14%
—
.
Nat
38% May
steel
l**f
capital
'
30%
48 %
—
Bankshares common
Yates-Amer Mach capital
Aug
14% Feb
17%
s
.2*
Corp
1
High
59%
19>/4
Wisconsin
Jan
11% May
9% May
St
Co—
Common
Elgin
Apr
common
Salle
Low
22%
Mfg common.12%
Wieboldt Stores Inc cumul
pr pfd
•"
23 Va
12%
12 Va
13 Va
Cities Service Co common—_
Flour
37
400
10%
45
Apr
(The)
La
Westinghouse Elec
•
common—
Edison
13%
14%
10
Convertible pref
Chicago Milw St Paul & Pac
Chicago & South Air Lines
Consumers
18%
48%
common—1
common
Commonwealth
28
18%
common
Chrysler Corp common
100
300
Co
So
Range Since
January
High
59%
.-25..
•
Certain-teed
common
Cherry Burrell Corp
U
Feb
36%
22%
——i
Union Carbide .& Carbon
Feb
7%
41
Central States Pr & Lt pfd
Chicago Corp
6%
4% May
HVa
46
208
Feb
3% Aug
1,300
10
10
Util
Aug
450
5%
22%
12
1
111 Secur Corp—
Convertible preferred
&
13%
550
4%
12%
Central
Cent
9
36 Va
...—
Biscuit
8%
850
deposit
Corp
Trane
15% July
3% Feb
22%
•
common
Carr-Consolidated
9% May
1% May
5
5
capital
1,100
2
•
9%
3%
10
common
Castle & Co
8%
5
common———
Piston Ring
Burton-Dixie Corp
Butler Bros
9
13%
Shares
Low
Co 'Ltd—
(The).
Feb
2
1
Thor
Sep
174%
1
common
(E J)
23%
Jun
•
Corp
Feb
Jan
—1_10
Manufacturing Co capital.
Borg (George Wi
Borg-Warner Corp
11%
17
2
3
...
Jan
Texas Co
Feb
.150
3
Co common
7%
300
13%
Sales
for Week
High
Sep
500
4
Mfg Co common
Berghoff Brewing Corp
4
400
1
Corp_.
Low
250
•Certificates of
1
10%
13 Va
common
Belden
Burd
159%
common.
Mfg Co
Range Sinee January
22%
159% 159%
__
capital-—1100
Co
10%
22 Va
Range
of Prices
Par
Swift International
Shares
4%
Week's
Last
High
4
•
Manufacturing
Binks
4
*
Athey Products Corp capital
Automatic Washer common
Avco
Low
5
common
Friday
Sale Price
/STOCKS—
Sales
for Week
Last
Sale Price
STOCKS—
12
Jan
75'
Feb
12 Va
.
Feb
•
39% Feb
65% Feb
*
THE
Number 4629
166
blume
COMMERCIAL
(1079)
CHRONICLE
FINANCIAL
&
39
OTHER STOCK EXCHANGES
RANGE
Week'*
Friday
Low
Par
*
(B F) common
Tire & Rubber common
Goodrich
Goodyear
Drug Stores—
Great Lakes Towing
Greif Bros pooperage
•
preferred
class A
_
14
S
U
280
54'%
Jun
9% May
145
190
11%
485
31'
Feb
16%
Feb
Jan
52
342-
al4% al43/4
13
1
27%
75
25%
25%
45%
:_1
♦
26%
45
Jun
54%
Feb
38
May
59%
Jan
62
75
14%
650
14%
14%
3,100
320
10
7%
7%
7%
129
a8%
85
7% May
58%
58 %
496
28%
11%
20%
Feb
29%
Feb
53% May
72%
Feb
Company
Petroleum
Lincoln
Manufacturing
Menasco
Petroleum Co
Merchants
18 3A
a4%
Corporation Ltd
Aircraft Inc
Nordon
Northrop
50
Co
Oceanic Oil
Pacific Finance Corp common
Exchange
Pacific
6%
DETROIT
Ford Building
Elec
&
Gas
1st preferred
—
preferred
1st
5%%
common
13% al3%
1%
1.15
500
Lighting
Pacific
Western Oil
100
Aeronautical
'Allen
Products
Baldwin
Metal
Rubber
3V4
2,060
13%
Jan
269
34%
Jun
40 %
120
38% May
85
105
54
Apr
02 Va
39%
180
25
Feb
41% July
19%
4.Q75
Jan
20
Sep
50% July
55
Sep
75c
Jan
Manufacturing
Brown-McLaren —1—_.
Consolidated Paper
Detroit & Cleveland
Detroit
Detroit-Michigan Stove
Steel Corp
—
Detroit
^
Electromaster, Inc.
1
Federal
Motor
Truck——,
Ale
Friar
Gar
;
—
Industries
Wood
Gemmer Manufacturing class
Gerity Michigan Die Casting
Goebel
iGraham Paige common
Hudson
Hurd
&
Masco
Screw,
McAleer
Mfg
products——^.
common
—
National
Motor
Peninsular
Car1
;
Pfeiffer Brewing
,
Rickel
;
;
Union investment
Shirt Dist
Jun
5%
2%
Feb
5%
885
..
5
12*
May
16% July
4%
4%
400
a22% a22%
205
36%
286
9
7,690
6%
534
5
% May
6%
Feb
3%
133
3
Jun
5%
Feb
16%
36%
500
36%
,
15% July
21
Feb
917
15%
16
5%
13 Va May
20
Feb"
180'
5%
135
5
Jan
3%
100
J 3%
3%
3%
400
1%
2
0%
750
39% July
r7.
2%
2%
100
.
2%
Sep
4%
-
4%
,
-4%
Gold Mng Co
Mines Co—
Cardinal Gold Mng. Co——
16
1% May
4
'
1
—1
common——_—-*
—«1
1
.7%,
7%
7%
11
Feb
13
~6%
6%.
12
"2%
2%
2
Avco
(111)—.
Corp
Sep
5% July
3% May
Aug
16
May
4%
3% .Mar
Jan
(The)-.
Pacific Ry Co—
Cities Service Co—
Columbia Gas & Electric Corp
Commonwealth Edison Co
—
Commonwealth St southern Corp..
Canadian
9%
Jan
13%
Feb
3% Aug
4%
Feb
6
7% July
11
2,750
2%
2%
700'
May
1% May
Jan
2
July
Electric Bond &
7
Mar
Electric
14
Jun
May
700
6%
12%
Aircraft
(Del)
Power
18%
Feb
2% Aug
2%
Jan
Low
Mfg. Corp
Bancnni
Company-
Petroleum
Barker Bros
Berkey & Gay Furniture
--
Co
Blue Diamond Corp
100:
4,195
50
a26% a26%.
65c
65c
500
■
Consolidated—i.
Co
5%
5%
.10
Corp common
Barnhart-Morrow
Basin Oil
—__1
8%
>
8
1%
75°
3,405
8%
1%
7%
4
700
1,050'
Feb
1%
Sep
3% Jan
18% May
Janaary 1
High
5% Jan
6-% Apr
27
Feb
1.00
Jun
Jan
8%
Sep
Sep
2%
Feb
6% May
9%
Feb
55c
Aug
5
1%
Apr
7%
6,828
Jan
11%
11%
591
22%
2,166
20
May
103
10
102
Apr
10% May
62% July
.
12% July
15%
Jan
24% July
July
103
348
63 Va May
78%
35%
635
23% May
35% Aug
a6%
Aug
4
45
6%
May
Fen
Jan
10
6%
Sep
a4%
50
10c
2,000
10c
Sep
50c
May
8c
1,000
5c
Jan
12c
Jun
8c
4%c
12,500
2 %c
Apr
5c
Jan
13%
13%
230
Northern Ry Co
Tel Corp
51 Va
Apr
866
150Vs
Jun
173
Jon
31% May
42
Mar
10
170
71% May
5
700
4% May
al6% al7%
170
a28'% a28%
al7
80
22
24
40 V* May
43% Sep
170
46 V* Mar
51
5
%
a47% a49%
a43 % a 43
a49%
11%
35%
11%
11 Va
a29% a29%
3%
3%
10%
33%
•
a29%
3%
al4% al4%
a45
.
a45
a30% a30%
5%
5%
18%
11%
a
*
*
1
38%
a52%
3%
5%
18%
11%
16'A a 16%
36
36%
39%
a51% a52%
38%
3%
a38%
10%
10%
3%
a38 %
•
*
Corp
a43% a45%
8%
8%
McNeill & Libby
McKesson
& Bobbins
20%
Inc
__18
New
North
Ward & Co, Inc
Central RR
York
American
Motor Car Co
Paramount Pictures Inc
Pennsylvania Railroad
Phelps Dodge Corp
Packard
-*
lj>
Co
Ohio Oil Company—
a 33%
-
Montgomery
8%
20%
833% a34%
a57% a58Va
24%
14%
25
25
25
14 Vs
14%
—
*
—L
Co———50
—
25
15% July
210
5
„10
•
May
13%
81
.81
81
-25
-25
450
350
;
18
4"%
a21a23%
18
l&Va
4%
4%
a22%
a397/#
a40%
17 Vs Aug
Mar
9% May
86
24
Jan
510
10
May
85
1,000
24
29%
Feb
Sep
Aug
15% Feb
38% July
12
Jan
31% Feb
3% Jon
May
11
41%
53
Jon
7% Feb
Jun
10
130
97
2% May
28%
20
17%
Apr
Jun
Jun
26
4%
45% July
31% Mar
Jun
6%
Feb
175
13
20
Feb
111
10% May
16%
Jan
10
11% May
16%
Jan
Corp—
preferred
16% Feb
64 V+ July
10O
159% 159%
33
33
3
Corp
ll7/a May
a58% a58%
a 58%
Loew's Inc
Range Sine#
Low
1%
5%
—50c
*
Mar
47
517/s Mar
1
Electric Co
General Foods Corp—
Goodrich
(B F)
Co
Libby
High
1%
Par
Aireon
40
35
999
32% July
4c
1
Share Co
& Light
Kennecott Copper
Sales
Share#
36% July
530
.
10c
—5
for Week
of Pricea
Bale Price.
STOCKS—
Exchange
Range
178
34%
a45%
Week's
38
43%
58%
a4%
General
Int'l Tel &
Last
Jun
36%
.Great
Friday
29%
8c
Jan
Graham-Paige Motors
Angeles Stock
31%
565
a6%
'
1
Los
Aug
a67% a69 %
35%
5
Zellerbach Corp
Curtlss-Wright Corp common
IS'
Jan
6
28%
22
1
Crown
500
Apr
Jan
Company
275
10
Jun
1,373
103
—13
-5
——15
5
Barnsdall Oil Co
Consolidated Vultee
Continental Oil Co
11%
Jan
28'%
11%
a69%~
*
5
—
Jun*
200;
Jan
34%
Aug
31%
22
100
3
Co
Locomotive Works
Baldwin
7%
^75
137/s
29%
7%
43%
—50
—
Topeka & S F Ry
10
500
11%
12%
11
;
16% Aug
May
30% May
894
13%
& Co
Armour
475
;
14
200
11%
Corp_»
Mining Co—
Copper
Anaconda
Borden
Apr
650"
7%
12 Vs
12%
3 % ~ 3%
7%
1,395
Apr
25c
Radiator & Stand San
Borg-Warner Corp
7%
225
16
9%
Apr
1.35
July
31
11 Va
Smelting & Refining Co——.—•
American Tel & Tel Co—...—100
Aug
3%
14
45c
31
Stocks-
Unlisted
American
Feb
4%
100'-
July
17c
38
10
_10c
1
Development Co Ltd
Imperial
3
May
75c
July
33
4,500
58%
3
25
*
•
10
1
Juneau
1%
2% May
1,150
4%;
16
6%. Aug
Aug
6
540
'
,
Jan
475
2%
,2%
605'
10,550
1%
1 lA
■..
.
59
28%
42%
Feb
6%
2% May
.
6%
-1%
3% July
3% Aug
1%
May
Sep
Mining Stocks—
Alaska
Atchison
3%
40% July
48
10c
9%
Feb
9
May
34%
31% May
60c 67 %c
Amer
15%
257/s July
38,600
15%
Feb
7
Jan
16c
10c
31
28%
31
1
of California common
Preferred class A
United States Steel Corp
Universal Cons Oil Co
Western Air Lines Inc
% May
26% Mar
85
a30% a30%
15%
•
•
Union Oil
3
17% Aug
Jan
21V*
100
25
A
14
9% July
Jan"
6
3%
—
common
Feb
9%
July
700
.
16%
6%
common—1
—7
1
Wayne Screw Products
Co 6% pfd class
Southern Pacific Company
Btandard OifCo of Calif
Sunray Oil Corp
—
Calumet Gold
5%
•„
9% May
115
8%
-1
_——
560
Jan
1% Aug
10
U S Radiator common
Warner Aircraft
(
4
600
4
Udylite Corporation
United
700
1%
2
—
Feb
July
14% Feb
700
16
36%
1-tJU
May
52%cMay
65c
52
25
preferred
4.48%
So Calif Gas
7
FeD
23
4%
common—'—
Standard Tube class B
Tivo(i Brewing common—
■
Sep
4%
Sep
18%
11%
1
,
common—
j Scotten-Dillon
Sheller Manufacturing
i
2%
18%
Sep-
4'A
18%
——
___
Products.
Metal
(H'W)
1,050
3
"
Jan
350
2
Stamping
(Packard
24%
"9
—--1
——*
(McClanaharr OH common
'Michjgan Sugar common
i
13% July
17%
16 Va
—2
1
T—-1
LaSalle Wines
;
10% May
325
5%
i
l_1
J———
Lansing Stamping
Feb
375
common——10
(Kresge Co (S S)
3%
,
.1%
5
Mfg
2% May
23
'
;—,__
Car_.
Motor
Lock
Jan
19'A
~4%
——_—2 Va
Hosk|ns Manufacturing
Aircraft Co —
Southern Calif Edison Co Ltd
4.32%
preferred
—
1,027
65c
a22%
•
——_1
com—25
a—25
Sinclair Oil Corp
34
7%
15%
15c
Apr
500
____1
—1
_—
6%
27%
11%
18%
B——*
1
Brewing
Sep
May
3%
23
2%,
12%
'
2%
1
,
.
*
4,465
Jan
8
Apr
12%
19'A
1
-1
...
1,390
-
Feb
37% July
7
65c
16
67%c
Calif
Transamerica Corporation
———5
—*
Federal Mogul
Frankenmuth Brew common
4
23%
2%
—1
a
6%
350
Jan
20%
Jun
35
125
.
7
3%
1
1
1
Detroit Gray Iron—_______
36%
2%
May
19
225
20
23%
23%
Feb
Feb
1% July
7
—_———20
Fdison common
100
36%
1—'——
—1
Navigation—_—5
Bros
Davidson
30% May
2V4
19%
100
2V4
1
12%
40
May
33 Vs
33%
33%
common.„;
Power
Jan
10
123
11
11
—10
_
15%
100
Petroleum Co of
9
55
7
1
Corp:
Trading
Signal
Jan
Apr
38 Vs Mar
Jan
35 Va
Sep
42
41%
17%
15
_25c
.—
Solar
—-1
—
'
23
3% Sep
5% Feb
24
July
Aug
3% Jun
125
31/4
-
Union Oil Corp
21 Va
21%
40%
*
Sierra
2
2,925
3 •
23
Briggs
Consumers
2%
2%
1
Products———_—2
Electric
-
American
High
Low
Par
1
/
?
Shell
High
Low
12% Aug
55
30
—
Feb
14
18%
—5
& Co
Security Company
Range Since Janaary 1
Shares.
of Prices
Sale Price
stocks—
Sears Roebuck
for Week
Range
Last
Safeway Stores Inc
Sales
Week's
Friday
Ryan Aeronautical
Feb
15%
14
Feb
39%
common.i
•
Co ___—____——1
Corp
Oil
Richfield
Detroit Stock Exchange
9%
2.05
a36% a363A
1
Company
Rice Ranch Oil
Aug
5% May
1.10 Jan
a55% a557/«
50
2.50
1
Inc——
Drug,
Rexall
Jan
31c
3,200
Telephone: Randolph 55.30
Republic Petroleum Co common
5%% preferred
1.15
Jun
a39 % a39"%
25
•
10
.
Corp common
Corp—
Pacific
Apr
12c
1.50
21
Mar
9Re
92 %c
1.30
1.45
Jan
Jan
3%
Apr
Mar
1,435
7
6%
95c
48c
7,300
23c
20c
6'A
19
May
1%
18,900
1.10
May
70c
1,940
77%c 82%c
Jan
11
80
Feb
July
1.70 July
Jan
1.25
Feb
8%
20
15% Jan
600
1%
14
21
a39%
May
1,150
82 %c 82 %c
*
__10
25
25
Products.,
Pacific ' Clay
Associate
Curb
Chicago Stock
Stock Exchange
Detroit
York
New
Stock Exchange
New York
1.00
200
1.35
Jan
5
18%
7%
120
1.25
1%
77 %c
Feb
May
65c
18%
a
Jan
29
4
a7%
a7%
Jan
i..*o
12% Aug
Sep
15% May
1,500
Members
■
11 %
80c 82 %c
1
1
1
.
12% Aug
Sep
May
95c
147
1
Mng & Dev Co.
Mt Diablo Oil
WATLING, Lerciien a Co.
Co
11%
50
a4%
1
1
I
Mascot Oil Company
Feb
58% Mar
8'00
1
Lane-Wells
Feb
34
245
18%
Co
Corp
Kaiser-Frazer
65
42% Jun
1.10
10c
1
1
10c
Jan
Jan
25
1.05
Feb
10
May
100
a45
al6% al63A
al6%
Feb
y%
26
a45
Lockheed Aircraft Corp
Feb
79%
Jan
350
Jun
52%
28%
__6.66%
;
1
Corp
Petroleum
Feb
5% May
a8%
*
Corporation
15%
Apr
Aug
90c
320
305
Feb
Jan
May
2.05
13
85c
87 %c
320
1
—
Jun
80c
10
Inc common
Foods
Intercoast
~"52
a66 y8 a66%.
23%
49%
11%
Development Co
Hupp
Jun
10
34%
11 Va May
•
Hunt
19% May
150'
21% May
140
61% July
Sep
56%
a58% a60%
—
Hudson Motor Car Co
Feb
...20
25% a25%
1,080
*
Holly
30%
May'
27
14%
Hilton Hotels Corp
22% May
61%
26%
Feb
~
12%
12%
a
*
common
Jan
445
2
Corp
20%
50
59
14%
Goodyear Tire & Rubber Co com__
Feb
Feb
86
a70%
30%
Feb
55
Motors
29% Mar
12 Vs May
al6
27
Gladding McBean & Co__
10%
911
a68
Apr
20%
21
—
27% July
7% May
10
45
General
Feb
22%
May
Corp
25 y8 May
al6
Corp
(The)
Garrett
14% May
5
19%
Products
Jan
24% May
17% May
a7%
•
——0
4'A
12
19%
Inc
Apr
56%
•
1
Corp
America,
Feb
15% July
13
Jan
11
75
a31% a31%
__
4
Exeter Oil Co Ltd class A
1
Farmers & Merchants Nat'l Bk
100
Farnsworth Tele & Radio Corp___,
1
Feb
21
35
18%
8%
2j/2 Jun
a7%
„
552
2.50
common
new
Steel
of
Electrical
Sep
Jun
v
60
25%
Corp
Douglas Aircraft Co., Inc
July
71
Apr
4%
35
a
12%
1
Consolidated
39
1,035
ai.8
12%
6%
8,330
•
Corp—
Creameries
Feb
9
3 %
25 %
11%
Jan
15 y8 July
Jun
11% July
5%
v
9%
12%
Products
High
Low
10
Packing Corp com
California
Certain-teed
27% May
3
3
* ' '•
.
36%
90
71
a42% a42%
(Un)
51
90
200
•
5%
.-—5
—*
Sheet & Tube
Youngstown
Jun
15% Mar
Jun
Range Since Janaary l
High
Low
Feb
75
13-%
*
White Motor
23
12%
32%
62
50
Iron Works
yan Dorn
Sep
70% Mar
—
__—-—
Steel common
17%
10-
110
34-
11
Share*
Broadway Dept Store
13%
Products'Inc common
Thompson
Feb
32%
—
Richman Bros
61%
265
:'
51%
27%
Sargent
Jun
33%
G) class B
*
Metropolitan Paving Bricks
4
National Tile & Mfg—
——,—-1
N Y Central RR (Utt)
*
Ohio Oil (Un)
—*
Patterson
Feb
41%
al2y8 al2%
McKee (A
Pennsylvania RR (Un)
Radio Corp of America (Un)
Reliance Electric & Eng..—.*
Republic Steel (Un)
71%
Bolsa
Chrysler
1314
for Week
Corp
Jun
75
51 %
Oil
Chica
49
42
18%
13%
Li-
Range
of Prices
Par
High
122
75
__
STOCKS—
Range Since January i
Low
17%
18 %
*
.10,
Trans—J.
Island Lime &
tamson & Sessions _
Kelley
__
—50
*
a—*
*
Bros preferred
Interlake Iron (Un)*
interlake Steamship
.
Jones & Laughlin Steel (Un)
Halle
Shares
a44 Vs a45%
*
100
Gray
Last
Hiah
a52% a52%v
Sales
Week's
Frldiay
SolePrieo
for Week
of Prices
Sale Price
STOCKS—
12
SEPTEMBER
Sales.
Range
Last
,v
(
ENDING
WEEK
FOR
May
May
39%
Feb
325
38%
Sep
42%
Jan
100
48 Va
Jun
,465
300
33
3
May
35
38 V* May
150
9% May
320
43%
Apr
440
8'A
Jun
210
19%
Aug
31
May
92
128
51 Vs
Apr
May
411
12
391
24 % Ma.v
150
21% May
390
85
1,080
100
4%
Sep
23% May
18
37%
May
Apr
65 Vs Mar
5%
42
Feb
July
17% Feb
46% Aug
10%
Feb
25%
Jan
42 V*
Jan
62%
Fed
22%
Feb
32 V4
Feb
27% July
7%
Feb
30%
Jan
28% Feb
43% Aug
4«
(1080)
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, September
15, 1947
OTHER STOCK EXCHANGES
RANGE
Friday
Week'*
Range
Inc
Company
Radio Corp of America
Republic Steel Corp
Brands
a56Va
Standard
Oil
Co
(N
Texas
Tide
Union
Carbide & Carbon Corp
Union
Pacific
Railroad
United
Air
United
Aircraft
United
U
8
Lines
Co—_
100
Inc
(Del)
Feb
20
al02%
al33%
Mar
24
Emerson
Electric
Falstaff
common
1
tUn;
31% May
37 % May
44
250
65%
200
16 % May
379
57%
100
20
Apr
Apr
18% May
21% July
51 Va
Knapp-Monarch
Laclede
93%
100
Jan
a—
93%
—
19
Sep
27% Mar
22%
22l/2
275
17%
Jan
22 %
2%
Sep
2%
North
245
Jan
Rice-Stix
35
2% May
43% May
4%
a42% a42%
—
—
al9
20
I
59
common
Feb
73
26% May
74%
35
36%
55
81
29
200
Vvesimghouse
Electric
Woolworth Co
(P
Corp
5
24'/a
—12%
W)
14
130
24%
100
13% May
17% Jan
27
27
25% Aug
215
22% May
a46% a46%
29
50
30
Sep
Sep
44
Feb
37%
Jan
4%
44
4%
100
4%
Sep
9
May
10%
10%
325
15%
15%
286
12
26%
27
965
21
Jan
24%
24%
50
16 V4
16 %
16 y*
100
25 Va
25%
85
237/a
23
23
—
10
a46%
44% May
60
Wagner
&
50
21% May
10
*
(Un)
25
*
Service* 'dldsi' 'A1-—I50
Fuller
Electric
common
Friday
Week's
Last
STOCKS—
24%
Sale Price
of Prices
Par
American Stores
Low
•
Tel
& Tel
100
Locomotive
Wks
v t c
Corp
new
com
Motors
Gimbel
10 %
117
19%
—
—
19
Brothers
—
Lehigh Coal & Navigation
Lehigh Valley RR
.—10
—
3 Va %
Salt
pfd ser A
65%
Feb
393/a
Jan
12
Feb
8 Va
7%
203/a
2,201
18%
2,230
18% May
177/a May
22 Va
27
245
387/a May
513/4
•
23%
115
July
23%
119
3
241/8
4,546
27
•
„
28'i/a
987
26%
Central
1153/4
Jan
120
267/a
28%
23
210
Jun
21
Colorado
—50
—
Paper
common
193/a
65
204
Bridgeparticipating
Transit Investmt
Corp 6%
United Corp common
Gas
*
167
50 Va May
65
17
15
part pfd__25
4%
4%
May
2%
3
60
566
—1
530
Improvement
13%
20%
20%
Creameries
49
74%
Week's
65
Range
5
Apr
Jan
2% May
20% Jun
Shares
Par
Alleghany Ludlum Steel
Low
♦
24%
Follansbee
Fort
Pitt
Electric
•
Steel
_
McKinney
Mfg
Fuel
—
—
Supply
1
Eureka
Jan
Standard
Steel Spring
Vanadium Alloys Steel
Feb
12% July
Sep
10%
ol
Corp
17%
Jan
19%
13%
Apr
Sep
18
Corp
common
16%
Jan
34%
8%
12c
—33%
12.50
26%
12%
36
—
12c
12%
__
10 Va
42%
Feb
7% May
37
5,000
9%
Feb
10c
Jan
20c
85
11% May
400
43
Jan
17%
33% Mar
33%
34%
115
26%
27%
135
27% May
22% May
Machinery
Corp
Linen
Feb
2nd
July
new
Bros
Stores
Pineapple
Development
Stock
Holly
Oil
™,<™™0<.S^Lo,dls Stock
Chicago Stock Exch
New
York
Curb
Hunt
IXL
Foods
Inc
Langendorf
Friday
STOCKS—
Sale Price
Par
American Inv common
Brown
Shoe
i
common
15
Burkart
Mfg common
Century Electric Co common
Coca-Cola
For
1
10
Bottling
footnotes
~~_i
se?
p&ge
45
of Prices
common—
Corp
Utd
Low
High
(R
13%
100
29%
29 Va
50
class
Libby McNeill & Libby
Lockheed Aircraft Corp__
Lyons-Magnus class B
17 Va
17%
50
10%
10 Va
100
34
34
140
15
7%
25
Jan
Jan!
High
Va May
36% Jan
Feb
11V4 July
Aug
35
Feb
Jan
32%
Jan
Macy (R H) &
Magnavox Co
Co
29
102
May
107
May
Marchant
&
Republic
Rheem
Oil
Co
Service
Jan
3%
Sep
9%
Feb
92%
Jan
104
5
May
71% May
5% May
8
5%
5%
300
4%
6% July
57
611
20 Va
266
23
1,2$0
52 %
Jan
Jan
65 V4
28%
Feb
35
Feb
35%
Jan
9%
495
9
Va July
22
22
140
22
22
May
22 %
200
1.05
1.10
1,100
49 Va
294
al9
125
80c
2,000
•
al8%
80c
7Ye
30%
7%
8
17 Va
95c
39% Apr
15% May
5Va May
205
27% May
34 %
Jan
290
30
Jar.
17%
20% May
17%
235
17%
27% Jan
common
1st
8%
200
8V4 May
173
10% May
3%
200
a35% a37%
__
145
3
109
150
1.50
920
14%
14 %
750
10%
10%
10%
250
12 %
12 %
13
1,180
32
455
24
120
27c
635
10
Mar
5%
Sep
1.45,
30c
30c
30c
10%
10%
10%
__
*
27
100
"
•
__
*
common
35%
*
com
26Va
25
Co
a37%
1
1
.
590
39%
2,461
40
40%
480
a55% a55%
10
103 Va 103 Va
27
10
18
__
•
10
8
10 pesos
Jan
Jun
38% May
54
Apr
102%
Apr
26% July
255
99
100
252
92
Aug
159
15
153
Jun
a40Va a40ya
a57% a58%
35%
36Va
155
25%
14
75
50
210
150
20
26Va
320
a37% a37%
165
17%
19
1,216
20
20 Va
al5% al5%
220
48
..
Inc—
Safeway Stores Inc common
San Mauricio Mining
34%
May
27
75
1
common
6
39%
14
100
-
5%
__
22%
13c
27
1.25
3%
12%
159
100
100
10
-
Feb
Sep
Feb
40% Mar
Apr
Apr
9 % May
11% Jan
'31 Va
38
17 Va
23% May
1.40
14%
Feb
4%
Aug
12% May
31 Va Sep
13
Feb
Apr
20
33
10
13
a31%a3iy4
a26%
107/a
May
a26 a26%
13
•
pfd
9%
Sep
13%
40
Feb
3,510 *
3%
39%
Jan
1.45
30Va
8%
25
July
29
23%
13%
__
Jan
52
Jun
3%
'
Feb
1.35
30%
__
1
Feb
25%
Apr
13%
5
common
10% July
29
Mav
70c
Feb
23 Va
17%
_•
Jan
May
19
24 Va May
22
Sep
9%
10
„r
common
W Fine Foods
49%
Aug
300
22
*
and
2.30
6%
16
'
S
July
a25
25
»,
38
a25
•
t
Feb
Jan
J.
—
Corp
Corp
Mar
11
•
Cons
Elec
Petroleum
Jan
80
1,342
__
1
Manufacturing Co
Richfield
32
May
7
—
10
1st preferred
Public
May
July
6
6%
a74% a76%
5
common
Petroleum
Gas
16
60
49
—10
Jan
Jan
2
—
1
108
123
.
32 % May
6%
Jan
560
__
•
Calculating Machine
265
9,020
22
*
common—.
17
7%
Apr
22
23
1
Pac Tel & Tel common
Preferred
14
20
17%
23 Va
25%
106
57
7
Range Since January 1
Jun
Mar
12% May
11% May
325
1,088
3%
*
Preferred
Jan
319
15
14 %
31 %
20%
1
Preferred
12%
July
2.75
1
A—
Inc
Railway Eq & Realty
26
29 Va
a25
6.66%
common
Bk
G)
Rayonier Incorp
Low
13%
Sep
23
♦
LeTourneau
Pacific
7800
Teletype SL 593
Sales
for Week
Shares
25%
862
__
P2
Pacific Lighting
$5
dividend
Exchange
Range
Feb
350
700
»
Pacific Western Oil
Corp
Phillips Petroleum Co
Puget Sound Pulp & Timber
Week's
Last
19%
37%
__
St. Louis Stock
25 %
Apr
3
—•
Oliver Utd Filters class B
Pacific Coast Aggregates
Phone
CEntral
17%
41 %
__
6%
Bell
16% Mar
25
33%
—
*
Class B
Pacific
Exchan*e
al8
40 Va
♦
Mining Co
Occidental
Chicago Board of Trade
Exchange Associate
62% July
30
Jun
17
37%
—1
Natomas Company
North American Oil
Co.
.
Sep
Apr
13
7%
6%
Corp
National Auto Fibres
1871
Exchange
56%
20 %
100
40 %
2
—
36% July
Members
York
485
205
a59% a59%
—
——*
Co
Aug
56%
116 % 116 %
a74%
Inc
Feb
1.65
14%
—
10
common
63
Jan
22%
106
10
preferred
Hawaiian
300 North 4th
St., St. Louis 2, Missouri
New
57c
31
7 V2
__
Hale
3G%July
St. Louis Listed and
Unlisted Securities
Established
190
5j0
14 %
—.
common—1
common
Sep
x.od
14 %
—,
2%
Service
Jan
32
24%
53%
31
*
common
6 Va Mar
11
al8
14 V4
•
Kleiser com
Mar
Sep
Apr
50 % May
25 %
•
Radio
Aug
8
14%
al8
1
&
25 Va
56%
—*
—
Apr
Jan
5% July
22%
—
com__5
common
Feb
Sep
l.uo
22%
1
Menasco Mfg Co common
Morrison Knudsen
&
3%
7
240
Jun
53%
—
—
class B
Meier & Frank Co Inc—
Edward D. Jones
1,2°9
*
Tele
Feb
110
32
32
6 Va
Jun
4%
1,300
31
192
100
7%
•
Jan
5% May
32% Apr
271
8%
3%
7
5
common
Greyhound Corp
Sep
12%
-
100
:
3%
—
—1
Inc
Amer
Kaiser-Frazer
25
639
6% Mar
————*
Jan
25% July
645
6%
100
6Va
20% May
71/2
A—2 Va
Corp
Honolulu
27
18
33%
—
—*
Westinghouse Air Brake
Westinghouse Electric Corp
7% May
19% Apr
144
100
7%
'
7
•
Feb
20
13
6
—
1
25
Jan
48%
12"%
34%
•
May
15%
45
19%
cl
Golden State Co Ltd common
1
18
6%
——1
8%
24%
19%
13
10
10
13
8%
—
5
26
24
—2.50
System
Emporium Capwell Co
High
32% May
13% May
250
237/a
19%
10
Mining—
26
—
10
Fireproofing Corp
Pittsburgh Plate Glass
Pittsburgh Screw & Bolt. Corp
11
„
*
Nat
Toy
117
May
470
common—1
preferred
Conv
Range Since January
12
14%
11%
—
1
—
Refractories—.
Gas„.
Mountain
San
34%
14%
11%
10
Walker
Star
34%
*
&
Brewing
Harbison
Lone
Air
Giorgio Fruit
Galland
Low
—
Co
Gas
4 %
5
4%
•
General Motors Corp common
General Paint Corp common
High
—
Blaw-Knox
Jan
3%
20
El Dorado Oil Works
4% Feb
for Week
of Prices
Jan
12
Apr
4%
common——_*
Corp
$3 cum preferred
Doernbecher Mfg Co
Jap
Sales
Last
36
May
24
3Va
Iron
Zellerbach
2nd
Di
Feb
Pittsburgh Stock Exchange
Friday
Apr
6Va
Jan
Food
Sale Price
28 Va
550
4%
,
Crown
Foster &
Columbia
&
Broadcast
Farnsworth
STOCKS—
1,452
7%
5V4
—
1
High
30%
7%
4
225
•
:
Cons Vultee
22% July
Feb
3%
424
Low
200
Jan
Tacony-Palmyra
United
Fuel
Columbia
297/a July
Aug
30% Feb
41 Va Mar
56 '/a
65
55%
463/4
55%
.
*
19%
46
—
«
Sun Oil Co
Class A
Co
common
Preferred
120
Jan
Mining
new
Jan
July
5
5V4
5
Clorox Chemical Co
Sep
273/a
Eureka
Jan
18
54
Range Since January
High
225
*
Mills
10%
30
-
__
1
:
common—
Jan
Feb
5
*
—
32
Jun
225
Asso—__-100
Preferred
Reading Co
30
__
2
Cotton
Chrysler Corp
Jan
118
Jan
30
119
28%
Natl
Packing Corp common
Caterpillar Tractor Co common
Jan
1
20
2.50
California
Feb
47
116% 116%
—
Low
5
———1
California
Sep
Jan
May
Feb
Jan
177/a
....
of
California
Jan
5%
■
100
Phllco Corp common
Jan
4% May
V
Bank
Calamba Sugar
Calaveras Cement Co
July
May
9% May
3,032
National
Bandini Petroleum
Bank
Jan
56
17
100
6
24%
Jan
51%
Shares
10
Imp Diesel Engine
Bishop Oil Co
Byron Jackson Co
62% July
12 % Feb
193/4
10
Co common-
preference common
4.4%
preferred
47
160
5'/a
Feb
May
457/a
"-50
—
Si
Scott
19%
841
10%
53/4
•
i
Philadelphia Electric
111
1
Manufacturing
w
227/a
5 Va
Pennroad Corp
Pennsylvania Power & Light
Pennsylvania RR
Pennsylvania
1,006
10
—w
Feb
15
Calif
Atlas
Feb
24%
Sep
6% May
19
Sep
124
58%
22
*
19%
54Va
56 3/4
■
57%
1743/4
161/4
33%
for Week
of Prices
'
563/B
230
537/a
•
.—10
10 Va
9
Anglo
287/a July
Jun
Mar
Sales
Range
Par
Alaska Juneau Gold Min Co
28
30%
13% May
33
July
Exchange
Week's
Sale Price
1
High
May
16% May
462
9%
13%
Corp—
23
149 7/a
50
583/4
•
Delaware Power & Light
Electric
Storage Battery
Range Since January
234
lOYa
456
Feb
17 V,
Sep
July
7%
175
Last
1,171
56%
14V4
52
Friday
Low
10%
14
STOCKS—
Share*
58
...2%
Publishing Co
General
—
•
Chrysler
Curtis
159 %
—13
Budd Co
2
49
18
San Francisco Stock
High\
25
26 3/s
157% 160Va
16 Y4
173/8
——
American
Baldwin
7%
12
Jun
15
Ffco
Sales
for Week
Range
7%
5
common
Philadelphia Stock Exchange
7% Jan
Jun
26%
common
Public
Stix-Baer
Sep
10%
15%
common
30% July
100
—
Jan
Feb
July
61
_20
common
65% Feb
30
1
common
St Louis
14
24%
—
*
Jan
Jan
42%
I
Warner Bros Pictures Inc—
Western Union Teleg Co class A
May
BIYa
30
30
Feb
18%
50
5
common
American
30 V4
1
common
McQuay-Norris
Meyer Blanke
al8%
32
313
Apr
42%
Jan
a—
—
Steel
95
57%
28
100
Jan
Laclede-Christy
113% Apr
30
Aug
39% Feb
36%
73
4
International Shoe common
Johansen Shoe common
60% May
124
al33%al35%
Feb
High
Jan
21%
30 V4
•
Hyde Park Brewing common
Hydraulic P Brick pfd—
78% July
56%
111
60
57%
1
.
Low
5
29%
35%
10
common
Griesedieck-Western Brewing
July
25%
47%
507
al01%al04%
Feb
Shoe
High
113
29%
•
Motors common (Un)
General
—
1
Low
113
common
Electric
—
10
Shares
100
pfd—
Brewing
General
17% Aug
31 Va May
150
a52% a54%
—
5
Co
14
—
10
Corp
Corporation
Rubber
1—•
23% May
a59 a60%
10
for Week
Feb
410
476
a60%
*
.
—
30%
26%
16 Va
a73% a74%
al9% a20%
—
25
Water Assoc Oil
Feb
a39% a39%
—
1
.
Company
Gulf Sulphur Co
10%
a29% a29%
a39Va
25
Studebaker Corp
Texas
27
60%
General
25
J)
28 Va July
a8
22% Apr
7% May
Jan
Sales
Range
of Prices
Par
54%
250
16
;
(Ind)
High
110
25
25%
—
—
Standard Oil Co
Lpw
Week's
Sale Price
STOCKS—
a8
—
15
Inc
12
Last
Since January 1
25
—
•
Rangi
High
a56 a56%
—
•
Socony-Vacuum Oil Co
Standard
Low
*
^
SEPTEMBER
Friday
Share*
*
.-
OH
rurc
ENDING
for Week
of Prices
Par
Pullman
WEEK
Sales
Last
Sale Price
STOCKS—
FOR
15
14
13%
,
Aug
Jan
Feb
Feb
Jun
32% Aug
60c
13
Feb
Jan
9%
Feb
42%
Jan
41 Va Mar
62% Feb
105
28%
129
Feb
Feb
Jan
162% Aug
26%
Feb
57
Feb
63% July
25%
Feb
38% Aug
14
Sep
39% Aug
27%
74
Aug
18% May
35% Jan
38
10
20
Jan
19 Va
Apr
14% May
93
Jan
Jan
26% Aug
25%
17
Feb
Sep
Feb
July
18 %
18 %
410
15% May
21% July
22%
22%
815
20% May
12c
26% July
13c
15,510
9c
May
20c
Jan
,
Number 4629
Volume 166
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1081)
*t
OTHER STOCK EXCHANGES
RANGE
Friday
Week's
Last
STOCKS—
Par
Roebuck & Co capital
Sears,
Union Oil
Shell
Soundview
Southern
Pulp Co
Calif
4.32%
new
common
29 %
5
28%
Pacific
southern
28%
Co
Spiegel Inc
25 y2 May
27% Aug
30
358
28%
Sep
29 y2
31
312
29'/a
Jun
38 %
32% July
95
36% July
40 Va Mar
Oil Co of
Standard
Tide
Water
Corp
Air
U S Steel
Lines
Corp
Universal
1.05
1.05
59
20
1
24 y4
1
12%
American
common.....
Smelting
Viscose
American
&
.1
San
Refining..
Tel Co
a3%
Jan
Aug
27%
Jun
23
Sep
17% May
9
*
com..
a3%
Apr
13%
474
a59% a59%
28 %
Loew's
4
Jun
7
Feb
2.95
750
Jan
3%
Copper Corp
•
Inc
•
50
-
926
Feb
44%
a33%
a32%
537/a May
116
May
Marine
Bancorporation
Matson Navigation Co
a__.'
& Co
.^..5
(111)...
Atchison Topeka & Santa Fe
Atlas
Corp
Avco
M
Jan
Monolith
11%
37%
Feb
330
&
8%
M
&
M
Portland
Cement
Montgomery Ward & Co
•
34 Va
Jan
Mountain City
5
23 %
13%
Aug
Nash-Kelvinator Corp
5
900
3%
23
6%
107
American
Aviation
Feb
North
American
Co
Feb
5%
Northern
17
62 Va
Feb
common
Pacific Railway
:
Ohio
Oil
Olaa
a__
Co
49
Aug
Pacific
41%
Feo
Packard
..5
Aviation
Berkey
&
common
Gay Furn
Bethlehem
Steel
Co
Bunker
Hill
common..
I
Dry
Canadian
Ginger
Pacific
Motor
Ale_.__
Commonwealth
&
Publishing
75
3%
Apr
14Ve
Aug
23
30
40%
Jun
40%
Co
Feb
Ro
110y2 110%
10
309% May
112 %
Feb
Standard
al4% al4%
16
50
May
16
50
187
a33% a35y8
81
liy2
11 y4
11%
18% Mar
Sinclair
3
__
3Va
Cal
47%
7Vo
a25V8 a267/a
a9%
alO
5V2
5%
26%
__
a8%
75
7
May
10%
Feb
133
24% May
32%
Feb
22%
Feb
al9%
new
220
/
Brands
Studebaker Corp
Apr
Standard Oil
Jan
*
Co
&
Co of
Friday
Aug
United
3%
Jan
United
Feb
Jun
Company
Sep
Warner Bros
12%
Feb
Westates
Jun
36%
Feb
12
27
5
400
21% May
4% July
43%
195
43%
47% July
4%
455
9%
10V8
407
21%
140
Aluminium Ltd
Aluminum Co of
Argus Corp Ltd
:
Can
4%
pfd...
25
*
common
...100
Sep
6%
Feb
West
Sep
.
6%
FOR
•
&
Pap
class
A
Bell Telephone
Brazilian Trac Light & Powers
Life
Coast
Woolworth
LISTED
WEEK
British
British
British
Columbia
Elec
Columbia
Columbia
Bruck
Bank
Silk
Note
Co
ENDING
4%
Power Corp
Gold
Dredging
95
27 'A
260
1,125
88
10
1.00
167
20
Sep
103% May
22 %
192
26%
High
21%
22
Feb
Jan
41
Red
July
Jan
6% May
27%
9%
Feb
Sep
98
2
26
May
30%
19
May
23%
181
827
176
Sep
20
May
20% Jan
103
75
101%
Jun
3%
10,535
3%
Apr
2%
2%
65
21
191
Eddy
:
21
50
23%
Feb
2 Va
Jun
Aug
3%
29
Consumers Glass
Cork
&
Seal
...
32%
19
20
120
16
Jan
20%
Sep
__
■
__
17
17%
590
30
30'%
945
9%
10
75
100%
101
150
22%
22%
25
May
30
Jan
8% July
Sep
23%
31%
11%
101
135
13
Aug
430
41
Aug
50
Mar
23%
7,430
Sep
27
Sep
Mar
74,505
Sep
29
42
65
42
Sep
45
12%
13
550
12
May
14%
16% May
19 %
12
14
16%
__
•
Jun
35
73%
73%
362
63% Mar
19%
575
12
25
14
710
16% May
20
32
Jun
36 %
a59%a59%
103
61
Jun
64% July
22 %
650
17
a59%
22 %
•
•
21%
2%
3
650
May
2% May
3%
3%
500
3
1.50
1.60
„
—
May
11% May
—
14
250
50c
1,307
'■>'
•
—
5 Va
4
Sep
Va
Jan
4%
Jan
Jan
4
16%
la
Apr
ltt%
25c
Jun
60c
3% May
reo
July
5%
Sep
12 %
12%
11
14%
Apr
24%
26%
25
210
17%
Jan
25
Sep
27 %
290
23%
Jan
30% Jul J
a46% a46%
148
44
—
24%
26%
a46%
Week's
Range
.
12
May
May
52V4
Jan
Low
Low
1,335
520
31%
30
30%
150
28
36
37 /a
/4
13%
27
13%
*
23%
23
26v4
94'/i
20
1
A pfd
class
Range Since January l
High
17%
32 /2
—
common
Shares
16%
32
17%
—
25
B
Chemical common
Sales
for Week
of Prices
*
Canada
•
Corp
.
Feb
July
33
Jan
Jan
25
36
Apr
42
36
Jan
38'% May
751
13%
/4
lb/a
12% May
18%
Feb
395
25%
Jan
30% May
660
27,
23%
*88;3'g
19% 19
—
Jan
37
400
23
Sep
26
Feb
333
,
92
Jan
9
184
—
High
19
Apr
,4
36
9J A
—
14 Va May
37 /a
180
Mar
185
85
102
July
106% May
1UU% Mar
Jun
17
Jan
30%
8ep
175
19%
Jun
21
Jan
310
15% May
18% July
6,718
17%
17%
840
16% Aug
July
19%
Feb
205 *
23
26
Jan
19%
17%
19%
J55
17
20% July
—
r~!
-—-100
——100
com
^
110
Apr
55
HO/a H0%
15
15
53%
13%
53%
13 A
15
109
Feb
111% May
10
110
Jan
111% May
350
3% May
5%
Jan
300
14% Aug
18%
Jan
30
■)
Gypsum
Hamilton
audson
Inc
1927—-50
Lime & Alabastlne
•
Bridge
Smith
53%
13%
—
.
-
$2
Paper
pfd
Bay Mining & Smelting
„-50
*
Imperial Oil Ltd
—-*
Imperial Tobacco of Canada common 5
6%
preferred
"
Indus AcceD Corp class A._^
5'% preferred
-100
Feb
*91/,
62%
52%
52%
41%
41%
42/4
14 /a
14
—
Feb
J%
105
Apr
108%
201
53
Juiy
65%
Jan
75
13
May
16%
Jan
100
6
% May
25
9%
Feb
Feb
50
Apr
53%
Feb
900
40%
Apr
45%
Feb
International Bronze
International
Nickel
common
--
—
32 %
Canada
of
International Paper common
Jan
International
Petroleum Co Ltd
Mar
International
Power
Utilities
—15
•
52
«
sCorn—
[J 14 15
.a
5,194
12%
Jan
15% July
1,681
13%
Jan
15%
Apr
445
7%
Apr
7/4
</«
8%
Juu
103
30%
Jan
39%
Jun
38 %
105
38 %
24
38 %
105
A
24
50
,
2,355
32
Sep
4,315
41
May
55
Jan
3,710
12% May
16%
Feb
135
39
Sep
46
Jan
92
10
May
13%
Feb
^
32
50
/4
12^4
1C>V
12%
15
105
si .z
52 ,4
.
123/.
12.4
55
Jan
535
11%
Apr
16
Jun
155
15
Sep
18%
Jan
11% May
15%
Feb
Labatt Limited
12
12
340
83 Va
84%
1,189
'Jamaica
Public
May
14%
Feb
Lake
78% May
89%
Feb
of
the
13%
13%
: _
«»
—
Ltd
—*
100
Service
Y/<preferred
3
«]
33%
33%
33%
(John)
Woods
common
41
,
Jan
22 Va
May
1.50 May
1,874
*
Steel
&
Go5odyeaieTireed4%"pfd
3,484
12
270
14
45c
5%
...
32
30
General Steel Wares common
83'/a
5
Feb
Mar
4,106
Sale Price
preferred
15
14
July
20%
__
100
Power
13%
"
17
78% Aug
24% Feb
.
23%
Players
13
13
16% July
a32% a32%
...
__
-20
Co
13%
*
17
12
13%
*
*
28%
10
Corp
15
;
85
Feb
22%
19
42
;
Jan
14
20
Jan
Jun
Aug
42
-
24
12 %
Jan
17 V<
14
'
17
100%
Feb
6
Jun
a29%a29%
5
common..
preferred
5%
Feb
42
Co._„L_
205
Feb
May
30 %
25
i
15%
4%
a29%
1
com.
Textile
Paper
5%%
Jan
28
•
Cockshutt Plow
Consolidated Mining & Smelting...
120
15%
_
103
Aug
4% F*o
515
•
Canadian Oil Companies
Canadian Pacific
Railway
4%
34 Va
5
Foundation Co of Canada
Jan
31
17%
100
,
4%
25
preferred
Gatlneau
23 V4 May
30
50
1
...
18%
% May
12
&
Tar
Electrolux
Feb
__
___•
A
40%
14
Feb
30
100
class
40Va Aug
Jun
'
Jan
20
Aug
95
35
,
Feb
Sep
3%
-
Feb
16 %
Feb
90c
102%
..
Feb
Mar
1
preferred
Dominion
7'/o
88
945
225
15%
30%
15%
5
Seagrams
Dominion
Aug
214
792
1,967
Feb
May
May
16 Vb
__
5
preferred
Howard
Alcohol
23
__
25
;
International
Ind
11
452
a39% a40%
1
Dominion Steel & Coal class
Feb
Mar
27'%
21%
3%
•
:
535
Mar
1U%
MARKETS
7c/o
Feb '
23% Mar
106
21%
21%
5
common
11%
26 %
General Bakeries Ltd
____
Crown
785
209
21 %
•
_•
Canadian Breweries
_•
Rights
Canadian Bronze common
*
Canadian Car & Foundry common
•
Class A
I
20
Canadian Converters class B_.___
*
B
38%
208
21 %
28
preferred
Class
20
__
•
preferred
Canadian
100
21%
class B_*
Canada Northern Power Corp..
Canada Safeway Ltd 4%% pfd
Canada Steamship common..
5%
3,911
20
14% May
17 Va May
178
pfd._100
Mills
Canada Cement
$1.30
__*
11
25 %
58
28% July
May
Insurance—..—
(F W)
SEPTEMBER
Famous
___*
Forest'Products
Building Products
Bulolo
Co
Range Since January 1
21
178
7% May
a7%
Last
27Va
__
100
-
American
20Va
86'
27%
♦
21% May
Feb
14
Union Teleg class A__
—*
Westinghouse Electric Corp com—12%
Glass
1.00
__
25
80
241
26%
33% July
42% Aug
14
Western
Feb
Dominion
19%
Jan
a8%
a26% a26%
Friday
Low
3,590
May
37% May
54 Va Jan
30%
STOCKS—
High
7.7
„7
'
18
25%
215
Feb
Jan
160
common
Foundries
27
27
.
472
500
Feb
15
30%
993
—1
Dominion
37
_
;
—
Asbestos Corp
British
39
—
18
30
a25% a25%
-25
Bridge
16 %
20
•
18
28 "A
..
25
-
...
Dominion
104 104%
,
__
•
preferred
Warrants .1...
Pow
19%
•
4% %
Bathurst
Low
7%
Sep
9% May
Sep
Sep
July
*
common..
Distillers
15%
6%
20
16 Va
Pictures
Sales
Shares
.100
4%
21%
a39% a41%
Par
Week's
of Prices
20
$1.50 preferred
Acadia-Atlantic Sugar A
5%
preferred
Algoma Steel common
Jan
Feb
4 Vb May
880
Sale Price
16
Jun
13
a31a31V2
.
common
Petrojeum
Preferred
for Week
*
4
370
27 Va July
a31%
Aircraft Corp..
Corp of Del
49
7% May
235
Company
May
24 Va
Feb
25
Utah-Idaho Sugar Co
312
Range
Par
400
_.
common
29%
27
Last
com
6%
...
:
5
Canadian Funds
Paper
Apr
18%
4%
16%
capital....
Montreal Stock Exchange
Power &
May
24
21%
.
10
N J
26%
RANGE
Abitibi
14
48
18
_»
A.
Inc
Texas
CANADIAN
STOCKS—
145
22% Mar
•
6%
18
•
12
5
__
_*
common
a20
a24% a25%
.—.—.—.15
July
July
7
Feb
a8%
•
common
Swift
39
43 y4
10
14
Jan
19 Va
..
1
L
Corp...
Ltd
44%
200
5%
*
class
24% May
55
7Va
267/8
Bridge
Co
21% May
2% May
210
47'%
__
...
Ed
54%
Jan
10 Va
1,650
a25 a25%
Feb
2.50
22
a40
•
Coalition
Oil
16% July
14% Feb
26
50
a25
Jun
9% May
42% May
135
a23% a23%
a26%
80
64
May
..
*
Cement
King
122%
•
Co
Silver
Sep
a44% a45%
*
♦
.....
Co
Riverside
120%
1
Kodak
Feb
18
Dominguez Oil Co
Eastman
5%
120'% 120%
a45%
Co
Apr
Sep
12
10%
50
Corp of America
220
all% all%
1
.
25
Inc
Oil
167/a
all%
15
60
50c
May
17% May
'
33 %o
Keith Orpheum
Republic Steel Corp common
Reynolds Tobacco class B
Vica
Gas
145
645
__
1
Corp
Socony-Vacuum Oil
•
.2.50
common
Radio
Jun
..
...
7% Mar
Feb
Curtiss-Wright Corp
Dumbarton
Jan
90
_.
•
Y
2%
91% Mar
1,179
16%
*
N
Sep
78% May
354
a43% a43%
___*
Continental Motors Corp
Crucible Steel Co of Amer
Curtis
Radio
31%
10
Southern
Natural
Pullman
Pure
Feb
25
Consolidated Edison Co of
Consolidated
Feb
1%
Airways..
Pictures
Dodge
Feb
1U0
3% Mar
Jun
577
»
.
Pennsylvania RR Co
16%
1%
Mar
6%
14%
__
...10
com
common
Pepsi Cola Co
Phelps
24 %
25
Columbia Gas & Elect
Commercial Solvents
Jan
al8% al9%
..
.1.66%
Chesapeake & Ohio RR_.._
Cities Service Co commor,
96%
25% July
7% Feb
38%
May
Feb
3
20%
al9%
.*
Cement
Co
American
Paramount
16% May
77/a May
.2ya
Railway
Feb
28
3%
Pr 6% pfd n-c_.100
preferred '27._.._*.___.;
100
Canada
3%
120
a83 Va a857/a
15
California-Oregon
6%
55
23c
14 %
15% Mar
250
1%
a85%
...5
Sullivan
588
Jun
May
May
13
'
.
•
(
&
25% July
4% May
12'%
_.
1
Boeing Airplane
Co
60
5%
2.80
Feb
Feb
May
20%
__20
Portland
a29% a30%
...
d
Blair & Co Inc caDital
Borden
69
al6% al7%
100
Corp..^
.
15
5
13
Baltimore <fc Ohio RR
Bendix
10
a80y4 a82%
a22% a22%
..
100
3
Locomotive..
Pan
110
49 Va
26 Va
15c
a23% a25%
100
common
Sugar Co
___
28% May
31% May
'3
May
17% Aug
300
50c
al5% al6%
__
__10
cap
37
Aug
174%
50c
n8Va
North
920
13%
17
a57%a58%
al6%
1
capital
Feb
6%
14%
RR
Feb
25%
4,?00
..
•
Central
49%
3%
a57%
•
Y
44% July
Jun
21c
Jan
Copper...
Aug
17%
•
Feb
19% Aug
40%
__
10
Jan
17%
43
20c
common..*
preferred
Feb
36V4
43%
17%
__
28% Aug
9% May
165
40%
40%
•
cons
Jan
305
3
50
2.80
500
21
1
J
45
13%
I.
100
Manufacturing
Baldwin
/„_■*"
5
100
20 Va
„
Argonaut Mining Co
Armour
72
10%
a40% a40%
a43% a45%
__
*
a35
'
10%
•
Aug
35
May
151
a28% a28%
..
Apr
78 %
a__
3
ll7/a May
50
159% 159%
a51% a51%
—
a__
39
13 y4
100
Mining.
60
a3%
..14
Copper
10
..
282% May
20
a28 a28%
•
Corp
Woolen Co
Anaconda
8
475
4V8
2.75
National Distillers Prod..
*
Radiator & Std
American Tel &
Amer
24%
428
12%
Jan
4%
2.75
*
Kennecott
24% July
"
v
Co..;.
Corp
10
23
24%
al7% al7%
12 %
__
American
100
Jan
4%
N
Secnrltles—
Alleghany
37
8%
Apr
Jun
Aug
36%
—
Feb
3
16
May
301% 301 %
37
Sep
5
100
Jun
62
199
4%
220
41/4
...
Apr
July
Mar
6%
•
Co....
44
25
6%
♦
Tel
May
4%
International
&
36
19% May
1.50 July
Feb
__
1
Tel
39% Aug
60%
_«
20
Johns-Manville Corp
Feb
Jun
Jun
667
*
July
180
39%
39%
414
Jan
14%
550
a39% a43% "
32% May
43
4
..1
Co
Hupp Corp
110
120
15%
20
8%
Holly Oil Co
Honokaa Sugar
664
486
24
22
19
341/4
Feb
„
36%
1
High
24
I
534
68
24
*
;
...
Low
a43% a45%
a40%
•
Range Since January
High
a38'/8a39%
a44%
*
*
36%
__
•
Idaho Maryland Mines Corp
International Nickel Co Canada
707
8%
50
:
38
*
62% July
202
34 y4
8%
10o
West Indies Sugar common.
Unlisted
68
1
Co..
10 Va
22
Jan
36%
May
May
18 Va
5,512
22
10
Bank & U T
1,537
ip/4
al9 a20%
B
Jun
1.05
51'A Mar
Low
•
Battery Co class A.
Class
Jan
1.25
Hobbs
Sep
15 %
20%
al4% al5%
22
a20%
•
common
21%
11%
11%
,
10
common..
47
Jun
9% May
2,346
Apr
17 y8
20
58 %
Shares
Jun
35
20
2
Corp
Western Dept Stores
Yellow Cab Co common.:
.
100
lo
.
Consolidated Oil
Air Reduction
285
12
58%
•
__
Victor Equipment Co
Waialua Agricultural
Wells Fargo
21%
12
Transcontinental & Western Air______5
Union Oil Co of Calif
25
United
1,095
21
.
1.05
Cal_
Associated Oil
Transamerica
431/3
21%
July
28%
31
2
Co Ltd—
Goodyear Tire & Rubber common
Great Northern Ry non cum pfd
for Week
of Prices
Par
695
43
1
common
General Electric Co
General Food Corp
301
38%
•
Sperry Corp
Spring Valley
High
40 y4 July
33% July
__
25
Sales
Range
Sale Price
STOCKS—
30
28%
preferred
Cal Gas Co pld ser A
1
30% May
273
Week's
Last
Range Since January
28%
.
__
So
13
Low
a36% a37%
1—
SEPTEMBER
Friday
Shares
High
Edison—
preferred
4.48%
a36%
15
ENDING
for Week
of Prices
Low
•
common
WEEK
Sales
Range
Sale Price
FOR
"
41
100
41
Mar
43
Feb
preferred
Lang & Sons Ltd (John A)
42
*"42
20
42
Sep
48
Feb
Laura Secord
7%
2-i-v-r
-100
*
3
—
—
—
JJ%
100
30
50
180
5
105
f"
25
104
23%
11%
135
July
106
Feb
Jun
25
Jan
Jan
Sep
23% May
33%
172
19%
37%
Feb
14% Aug
139
Mar
26% Mar
Feb
36
Jan
Feb
175
Mar
Apr
17% Aug
21%
Feb
21
Jan
r>
42
f
(1082)
<k_
&
COMMERCIAL
FINANCIAL
Friday
Week's
Last
STOCKS—
'*
Lindsay (C W)
Massey-Hafria
6%7o
pfd
-100
■*—*
McColl-Frontenac Oil
Mitchell
Montreal
14%
14%
36
36%
%
Telegraph
Co
175
40
Aug
555
15%
Sep
49%
Jun
*
15%
15%
16%
—40
50%
50%
50%
5
23
23
12
—-
•
44
25
pfd
5
&
Placer
common
Paper
—
44%
1,010
42
190
6%
&
pfd
40
180
Jan
4% May
of
25
21
Sep
21
Sep
20
15
Feb
18
May
30
27% July
66
17%
700
16
Jan
19%
890
34
Jan
39 %
Aug
12
12 %
10% May
15
50% May
'
18
Aug
26
10
25
Jun
26
26
35
25
Jun
26
Feb
13
150
13
Sep
17
Jan
Jun
104
131
103
100
285
,
101
104
Apr
217/a
0 % May
157/a
30% May
46
33
10
32
35
131
July
Jan
2,440
49%
50%
555
28 %
50
*
28%
25
30
170
175
175
14 %
14%
14 %
14
„
V
'
.
14.
21%
315
Aug
25%
Sep
50%
of
Canada common
preferred
7%
—•
Brothers
Tuckett
Twin
Tobacco
City
-United
:
—
7%
——
Steel
preferred
-100
r
•"
180%
175
100
150
&
Worts—!
common-
76
104
July
July
79
9
Jun
9
33
180
8
Aug
May
190
7% May
10
.
t
Jan
-100
50
27
104
10
104
21%
Sep
200
20% May
16
16%
980
13
s
99%
—
—
99%
5
35
35
345
28
1
15%
Jun
104
21%
25
,
28
31
20%
20%
10
Montreal
Nova Scotia
20%
Feb
23
;
22
22%
358
!
17% Mar
101
May
38
Feb
Jan
29
27%
10
—
Feb
23
Aubelle Mines
Band-Ore
28
—
Jan
Feb
25%
110
34
945
2a
Apr
39
25
39
Jan
835
35%
Apr
39
Sep
Duvay
Dome
Par
Ltd—.
Atlas Steels
Limited——
*
Bathurst Power &
Paper class B
*
Company
Preferred
com
5%
Ltd—
&
Dock
Co
preferred
Ltd
Gold
'300
550
m
m
25
115
115
3
—
J_
300
20
270
14
23%
464
190
190
90
3%
5
no
110
10
2
2V«
2
2
i
5nn
'13
May
July
pfd
page
May
74
15
Mar
127
10%
Jan
17
155
"Apr
9%
15%
61
30
4
Apr
14
249
14
100
119%
—25
1.75 May
1.75
26
Jan
135
Mar
40
40
s
7
3g
7
40c
50
51
1 500
51
35c
15
15
—*
10
19%
19%
19%
17%
450
171/.
175/
17%
17%
70c
75c
«««
.
,
„♦
20
25c
'
35c
86
136
e
0-14
'
25
525
Mines
20,715
18
33
30%
30%
30%
30%
15%
50
12%
Shore
Llngside
Feb
Little
Feb
Ltd
17c
May
Gold
Nechl
New
Cons
29c
—*
Mines
O'Brien
Feb
Osisko
2% Aug
40
May
7
Aug
!
Santiago
47
Feb
Steeloy Mining
10
Jan
Sullivan Cons
15c
s
51,500
Jun
89c
>
46,500
6c
Jun
7c
4,500
6c
July
7%c
66,500
1
6c
-
7c
5c
21 %c
1
20c
Aug
40c
Jan
Vinray Malar tic
55
Jun
25c
65c
Feb
15
17
Feb
Sep
Sep
15% Jan
14% May
17
70c
July
Sep
19% Sep
19% Jan
18%
Feb
2%
Apr
Oil
27 %c
4c_July
10c
Sep j
Sep
7%Ci Sep
.
24c
-
9,210
15c
Apr
25c
17c
May
13,200
13c
Aug
44c
Feb
12c
9c
Aug
32c
'Jan.
8c
Aug
16 %c
24c
Sep
May
May
60c
Feb
25c
Jan
39c
Jan
,
72,500
11c
18,500
24C 29 %c
50,930
*
14c 16 %c
28,000
22c
30c
17,500
24
75
1.33
20,100
74c
46c
28.000
35c
4,700
3.13
lie
19c
18%
,
800
Jan
24%
Apr
Sep '
47c
28c
Sep '
Sep
A 65
2.74 Mav
.Inn
!
500
72c
1.80
222,540
28c
40c
46c
13,000
25c
Feb
56c
Sep
8c
6c
May
16c
Jan
29c
19c
Aug
92c
9%c
Feb ';
Feb
5c
31C
1,000.
18,600
6c
July
6,750
5c
Apr
4,000
80c
May
30,100
18c
May
44c
3,500
25c
July
95c
Feb
11%
12
121/4
1,445
9.50 May
10c
May
12%
Sep
28c
Feb
_1
14c
14c
11c
11c
6c
7c
-1
48c
57c
16c
16c
17c
15
15
210
85c
85c
96C
51,900
70c
lie
14c
19,000
7%6 Jun
_1
,_1
-I
_♦
500
„
10c
May
23c
"5c
May
13c
Jan
33c
May
90c
Jan
I,700
16c
May
33 %c
Jan
Jan
16%
Jun
1.65
1.65
1.51
1.73
2.65
3.20
_5
5,200
64%
64 %
64%
110
-l
1.10
1.08
1.10
20,300
40c
137/a
5,300
2.90
v
July
1.60
100
July
1.35 Aug
2.27 July
56
-Mar
1.02
Jun
500
1.52
2,000
8%c
§%c
2,000
1.35 May
5c
July
2.15
2.25
1,600
1.82 May
1.60
1.60
500
1.35 Mar
10c
Mines Ltd.
1.40c
1.52
2.15
aep
1,500
1.73
._1
•
7,500
4,800
-
-I
Ltd
1.99 May
40c
34c
-1
Ltd_
2.60 Aug
30c
-1
4
•:
33c
_1
Ltd
1.35 Feb
July
1.32
1.17
—
10c
",'3,000
38c
7c
May
Feb
1.28. Feb
22c
Feb
2.15. Apr
3.55
Feb
4.80
Jan
64%
1.20
42c
Aug
2.05
12c
2.65
Jan !
Jan
Jan
16c
16c
8,600
8c
64c
67c
70,800
58c
8c
8c
900
5c
Jun
9c
Jan
12C
11 %C
15c
14,200
6%c May
; 25c
Aug
18 %C
18 %C
22c
27,600
3.10
3.05
3.10
"1,800
50c
50c
50c
1,500
48c
Aug
7c
8c
2.500
7c
Sep
19c
May
May
78c
Jan
22c
'Sep
Ltd
Ltd
—
63c
.
,
21c
'
12c
;
63c
2,534
50c
17c
2.00
21c
II,500
13c
2.00
7c
2.05
5c 11 %
3,300
c
71,500
97%c
10,000
1.70 May
5c
27c " Jan 1
67c
-Sep
34 %d Feb
5.35
FCb1
2.80
Aug
20c
14c
Jan
Jan
July
Feb
Stocks—
Consol Homestead Oil
Co Ltd.
Gaspe Oil Ventures Ltd
Home Oil Co Ltd
17C
16c
——
...
12c
.
.
19c
64,600
16c
53c
55c
2,500
40c
3.70
—...
3.70
100
12c 16Vac
32,000
7 Vac
8c
3,000
2.94
12c
Sep
May
Jan
•
67 %c Apr
47/aC Aug
-
6%c
May
2.10 Jan
58c
~
—
j
2.02* Feb
21c' Feb i
66c
*
'
!
Sep 1
Feb
May
May
Aug
Ltd—
Omnitrans Exploration
Pacalta Oils Co Ltd
j-
Jan
1.60
Aug
"Sep
12c July
j.
88c
.1
-
(
23C
9%c
9%C
ll
:
—
>
Feb
10c
10c
*
—
Westville Mines
XJun
rV 5c
,
15c
—
May
-v,
33,000
25c
Mines Ltd—.
20c
,
7%c, Sep
_1
Co
j.
22 %c May
.68c
Mines Ltd—-
49
Jan
<?%c Sep
7%c
15c
*
8c
Mines
—
>Jan
88C
Gold Mines Ltd
Mines 1944 Ltd
Stadacona
7,500
30c
44c
5c
-
;
Sherrltt-Gordon Mines
Siscoe Gold Mines Ltd
Feb
9%c
Jun
Aug
1.00
Soma-Duvern&y
3%
18c
43c
Ltd—
Mines
Mines
12 %c
Feb
Sep
>Jan
6c
,
;
500
34,200
>
>
23c
46c
1
Jan
Feb
20C
,
7c
!26c
—1
Ltd
Rochette Gold Mines
Jan
10c
3l%c Feb
Aug
Aug
July
—1
1
Ltd
Mines
Mines
Crest Gold
500
20c 25%c
Quebec Manganese
Red
Sep
Apr
;
Aug
29%" Sep
14%. Jan
7c
_1
Ltd
Mines
15c
,
3.10
Dredging
Gold
Lake
3c
14C
"
Normetal Mining Corp Ltd
Feb
3%
Sep"
Jan
12
12c
—
Marlon Gold Mines Ltd—
16%
36 Va
30%
25
15 %c Jun
4,420
27,600,
9%c
Ltd—1
•
Mines
Mines
1,000
4c
20c
1
Ltd
Long Lac Gold
30
154
1
•
30% Sep
,
Sep
23
May
12 y# July
225
.
Jan
43c May
18% Aug
Sep
Sep
July
24c
.
15c
—1
Jan
2%
14
•
17c
4c
14 %c
1
(1945) Mines
Mines
Mclntyre-Porcupine
Apt
Feb
30%
29c 36 %c
20c
-1—1
Louvlcourt Goldfields
Macdonald Mines Ltd
13% Aug
23% May
4%
12%
/•
Lingman Lake Gold Mines Ltd___
5% July
94% July
110
29
30%
18
/
July
123
May
60
Sep
Jan
15
Jan
16
■'
9%" Aug
Apr
24c
150
12
29
116
Jan
'Apr
Jap'
112% Jan
11%
11%
29
.
—1
Ltd——
Gold
597
fisn
56
41c
15%
\
—*
—
Cadalhc Gold
844
2%
120
18
—
Apr
12% May
41c
41c
pfd
<
14
119%
1
Gold Mines
Mines Ltd
Pen-Rey
Jun
107%
21%
975
*
Lake
Lake
Pandora
May
30
112
Aug
Jan
Ltd
Feb
34
2%
Mines
Aug
3
14 %
May
5c
25
100
108% May
50
55
—
190
147
40c
Gold
Lake Rowan
Feb
112%
10 Va
19
Gold
Jun
120
May
9
XL-
Jan
31
40c~"*
8%
64
55
15%
1.00
Mar
140
2%
16
9
Apr
18% Apr
July
9
Ltd-
21
147
....—*
46.
14
9%
109 109%
15
109
Ltd—————1
185
*
33%
—*
—
see
22
14%
23
May
9% Jan
20 Va Jan
109
Aug
109% Feb
14%
3%
2(4
2% May
67
22
•
23
Lake
Norseman
_noo
Textile Mills 5%
Cub Aircraft
Corp Ltd
footnotes
Jun
May
•
Claude Neon General
Advert Ltd com_*
For
6
43
13%
Ltd-—*
Chateau-Gal Wines Ltd——
•
Consol
65 %
9
Lake Gold Mines Ltd
Mines Ltd
Jack
Lake
150
21%
Co
Consolidated Lithograph
Mfg Ltd
Consolidated Pappr Corp Ltd
30
95
Mines Ltd.
Jollet-Quebeo
Feb
59
21
V
Jan
184
13%
3.00
17
6
21
•
„2
—
74
35c:
Mines
Gold
Indian
Feb
27
6
13%
Feb
7%
Apr
lqo
Stand Sec class A
74
25c
•
Hollinger Consolidated Gold
Hudson-Rand Gold Mines Ltd
11% Mar
12%
i
May
13% May
l'l61
com—*
:
15%
24
12 225
1
Jan
Jun,
1.30 Aug
220
5
100
Westinghouse
Prcfcn ed
14
94
__
Trust
Canadian Western
Lumber Co
Consol Div
13%
89
•
preferred
Preferred
2 255
4%
—•
common—
Canadian
15
25%
93
Ltd—*
preferred
cum
15%
8
5
57
————100
Inv
Feb
24
Mines
Mines Ltd 1
Heva
1
High
9Va Aug
200
4%
1
Canadian Marconi
Company—.
Canadian Power &
Paper Inv com
Canadian Vickers Ltd
77c
1.60
1
Canadian Gen Investments
Ltd
Canadian Industries common-:
Inter
78
100
•
7%
2 385
6
24%
6
Range Since Jannary
30
11
15%
*
Canada & Dominion
Sugar.—• .'
Northern Power 7% pfd—100
Canada Starch Co Ltd 7
% pfd
100
Canadian
9%
1.40
13%
Canada
Canadian Dredge
Jan
29 %
123
Goldvue
Low
6
—
24%
common
Co
Apr
13%
114
422
—
Sullivan
God's
High
10%
10%
*
——
Butterfly Hosiery
2oc
190
_
Found
9%
A—*
—
—*
& Paper
8
18%
29%
Formaque Gold Mines Ltd
Shares
Low
.
Brand & Millen Ltd
A—
•
Brewers & Distillers of
Vane Ltd—5
British Columbia
Pulp
25c
18(4
29%
22
pfd
Jan
21% July
110
El Sol
Gold Mines Ltd
Fontana Mines
(1945) Ltd
Sales
for Week
Works
15% May
25c
Mines Ltd
Donalda Mines LtdDulama
—>
Range
Jan
14%
60c
Explorations Ltd
Cournor Mining Co Ltd
942
of Prices
104
Aug
21
:
Mines Ltd
35%
Week's
2,425
Jan
12
110
Centremaque Gold Mines LtdCentury Mining Corp Ltd
23%
-
20%
102%
59%C
Cartier-Malartic Gold Mines Ltd
27
Last
130
29 %
Ltd
Gold
23
Friday
Brown
Lake
35%
Sale Price
60
13%
21
Mining Corp Ltd
35%
__
104
13%
59%c
Limited———
27%
STOCKS—
——
103%
Jun
14% Feb
31% Feb
25c
Yellowknife Mines Ltd
1
Consol Central Cadillac
Gold Mines—.1
Canadian Funds
—
May
May
20
Colomac
Montreal Curb Market
B
28
50
Beaulleu Yellowknife Mines LtdLake Gold Mines Ltd
Eldona
Class
Jan
11
pfd—100
Bob's
E8st
British American Oil Co
Ltd
British
Columbia Packers class
40
57
«
23%
„10
46
107
135
pfd—100
—
May
39
14% July
red
Gold Mines Ltd
Red
Cheskirk
Jan
Apr
July
22
Sep
Feb
Jun
11
13%
12 %
—
Jan■
Jan
9Va
28%
—*
Cortez
20V* Aug
21% Mar
4% Feb
13
52%
12%
104
Jun
11% Aug
11
Juu
Sep
28%
.—•
——
A
41
47 %
8
Sep
51% Mar
—
10
Mines Ltd
Ashley Gold Mining
Astoria Quebec Mines
Elder
Glove
class
10
.
Acme
Inv
—10
Royal
41
u*y
—
*
Bonville Gold Mines
„Mar
Jan
27%
190
22%
41
Feb
Jan
167/e July
Apr
3(4
25
25
85
__
Fuel
10
Jan
...
108
10% Aug
75
8
52%
J
May
55
1st
6%
Co
4o
>
Jan
3(4 May
4% Pen
Sep
May
May
98
Sep
13% May
650
—*
Pr
Invest
3%
8
13
Stores Ltd
Beatrice
—
10
3%
52%'
11%
->-100
Stores—
Canada
Base Metals
Jun
May
35
Banks—
Feb
105%
Jan
97%
45
100
10%
Alger Gold Mines Ltd
Feb
26
16%
10%
—
Jun ;
21% May
27
10%
2(4
2
Mlalag Stack*
Jun
555
—*
.
|
Jan
24 %
'
50
i
May
89
.23%
27
11%
12%
i—30
—
Westeel Products Ltd
Windsor Hotel Ltd
Arno
82
575
27
120
11%
—
United Amusement
Corp cl A vtc
*
Class B
—_X
1—X
—'
Distillers of Canada Ltd
*
Feb
600
—•
preferred ——
Zellers Limited common
—
6 <k
preferred
Toronto
Jun
8%
—
45%
United
Jun
10%
-lpo
1
—
Soutbmont
18% May
97/s Feb
8%
—•
5%
Canadienne
Commerce
105%
Apr
9%
24
45
—S
Industries X
Thrift
Apr
—
—*
960
Relrig & Storage Ltd com—*
Service
Russell
29% Mar
7% May
9
——R
Electric
Apr
Jan
17%
80
1
180% 180%
—„
Winnipeg
27%
104-
25
77
t
9
Rands
15
July
14% July
—__
-
com—
preferred ———
4%%
Wilsils Ltd
98%
16
30% Mar
315
80
9
-
180
7%
77%
—
*—•
Corp.:
Walker Gooderham
Weston (George)
76%
28
—
Tooke
17%
98%
—
Steel Co
50
7%
—7%
100
50
104
17%
—__
27%
104
15%
—
—*
Corp of Can 6%
6% N C part 2nd pfd
Quebec Pulp & Paper 7%
United
27%
10
13
Power-.
Power
Sep
Jun
12% Apr
12% Mar
350
98
—
pfd
Royal Rice Mills Ltd
Scotia L & P 6% pfdPaul Service Stores Ltd
Jan
49%
25
6%
Mount
July
July
136
Jan
—
100
.—
Island
Southern
22%
55c
y8
•
Nova
Sep
116
23
Sen
42
—
pfd_50
Corporation Ltd >—
—*
Mount Royal Hotel Co
Ltd-—__—*
Sep
559
383
Jan
35c
421
——1
Distilleries Ltd
Preferred
Feb
3,936
21%.
—__
common
—
106
15%
44 %
130
•
20
200
49c
—
Moore
Mar
147/a
■-
270
35c
48c
i-
MacLaren Power &
Paper
•
Maple Leaf Milling Co Ltd-—*
Massey-Harrls Co Ltd 6(4% conv pfd-20
McColl-Frontenac Oil 4% pfd
—100
Montreal
Feb
104
21%
35c
—
—*
(Alfred) Inc
12
20%
*
conv
May
__
(Can) Ltd cl A—*
cum
8 %
Feb
Jan
peB
1nr\
;—*
Minnesota & Ontario Paper Co
67% July
20% Jan
43%
'33
Co—
Standard Chemical
5% preferred
International Paints
50
Maj
15
725
—
*
A
20
"%
—
com-*
Products
14% May
July
42 V2
48 >
Apr
11% May
2%
can jbtfcri-*
(Frank W) class
Hydro-Electric Secur Corp
Melchers
Feb
23
1,407
Simon
Press
Jan
60
104
—
•
(H) & Sons——
Simpsons Ltd 4%% pfd
71
19
1027/a
15%
.*
Paper
5%
Apr
36
2
49c
new
9%
36%
2%
35c
Ltd
Montreal
104
LOO
common
Mar
59
44%
com
-
65
1,475
1,370
—
1
Corp Ltd
Feb
38%
•
r
Southam
Jan
33
"
60
18%
9%.
7% Aug
13
,-50
Canada
£—6
Lowney Co Ltd (Walter M)
21
125
50
—
i^—*
Seo
Sep
190
157/a
1
60
j
High
4% Mar
160
12%
2 Va
Lambert
26
com—*
Limited
Jan
29
21
—
—100
Power
—
Sicks Breweries
Vtc
Jan
26
—*
preferred-'——
Williams
53
38
50
—
common
Paper 6%
preferred
Aug
19
100
,
common.;
Series A 4%
Jan
157/8
•
—
—
Water
July
26
26% Aug
225
—23
common
Class A preferred
St Lawrence Flour Mills
St Lawrence
7%
23
59%
Power 4%%
preferred—100
Lawrence Corporation
Sherwin
260
*
preferred
Shawinigan
23%
189
39
37%
18%
18%
January
Low
39
May
12
Saguenay
St
Horner
6%
75
12%
—
XL—'*
preferred
Hendershot
50
17
•
A
Feb
•
preferred
4% 'Jo
May
38
•
common
Class
Feb
Apr
Aug
Ltd
oouoyear hie
Ruooer ox
Great Lakes Paper Co Ltd
13%
1
Price Bros & Co Ltd
Power
26 %
125
5%
Range Stnee
High
37%
*
-
—•
Companies
127/a Aug
46%
'
Low
*
XX—*
Canada class A*u—*
of
Invest Foundation 6%
157/a
•
Quebec Power
Rolland
Apr
48
66
Development
$1.60
May
Fraser
22 %
*
Knitting
Foreign
Feb
Jan
Aircraft
50
42
*
Powell River Co
Power Corp of Canada
Regent
22%
50% July
Products
Motor Co
680
27%
B
Fleet Mfg As Aircraft
Ford
29%
*
—
Feb
275
—
Power
Page-Hersey Tubes
Penmans
Steel
13
—
(new)
14
41% May
24
42
1,166
Limitee class
Paper Co Ltd
50
27%
*
Rwys
Ht
Eastern
23%
42%
27%
100
21
23%
—
Lt
Donnacona
13
23%
•
45%
50
22%
—♦
Aircraft
Ottawa
Frere,
22%
„
•
common
44
—
•
Mills
Electric
40 % July
12%-Mar
220
Weaving
Ottawa
Jan
40%
preferred
Car
34%
12%
,
Ottawa
&
Feb
40
Noranda Mines Ltd
7%
Feb
20
Jun
12%
.—*
Drug <fc Chemical
National Steel Car Corp.
Flour
80
13%
40
__—,—.
National
Ogilvie
July
12%
preferred
Wire
21% Feb
73% May
410
Shares
5%
Dominion Oilcloth & Linoleum Co Ltd_*
Dominion Square Corp
*
Dominion Woollens & Worsteds—i—-
30
•
Paint
Niagara
Feb
120
Jan
-—25
common-:
National Breweries common
7
Jun
for Week
of Prices
Par
David
14% May
100
»
Sales
Range
Sale Price
"r"
Feb
23%
4
15
36
Locomotive* Works
Montreal
Murphy
890
^
High
16%
Sep
110
1,520
75
'
...
!•
„
15%
25%
75
14%
Fairchild
Cottons
Preferred
15%
—
*
-
Breweries
Montreal
2
25%
~
*
(Robert)
Mo Is oris
15%
*
-■■■
S)
(J
70
110
Week's
Last
Low
14%
110
—
12
STOCKS—
Range Since January 1
High
14%
—
lgJ
15,
MARKETS
SEPTEMBER
Friday
Shares
Low
Lewis Brothers
ENDING
WEEK
Monday, September
for Week
•
Par
LISTED
FOR
CHRONICLE
Sales
Range
of Prices
Bale Price
■
.
CANADIAN
RANGE
Mitchell
'
•
THE
61c
Jun
75c
'Jan
4.75 July
Feb
24c
July
7%o Jun
15c
Jun
,
-J
Number 4629
166
Volume
THE COMMERCIAL
& FINANCIAL
CANADIAN
RANGE
Toronto Stock
FOR
CHRONICLE
LISTED
MARKETS
ENDING
lfc
WEEK
SEPTEMBER
Last
'*
Par
t
preferred
$2.5.0
preferred. »—
Acadia-Atlantic class A »
$1.50
Preferred
—
'——'—*
:
Amalgamated
36%
19%
Low
20%
*
25
...
60
397/81
16c.
1,660
Larder
19c"
1
i
1
1
t
1
1
1
1
1
1
■
Gold
Apex Cons Resourc
Aquarius Porcupine
Argus Corp com—
*
•_
Gold
Mines—,
Atlas Steel
7c
12,000
4c
Aug
12c
Feb
6%c Jan
14c
Sep
43c
70c
Feb
9%c Aug
97c
Jan
10c
12.6U0
7
35
23c
..89
Aubelle Mines Ltd
526,999
13c
13c
18c
20,100
13c
14o
11
4,470
17c
600
16c 22 %c
117,500
—1
Aumaque. Gold Mines
—
19c
——_—1
—
35c
30c
'
'%
Base
of
10c
27
27%.
36%
-
—i—10
V
39
■j'v
10c
—10
Toronto-
Metals Mining-,,...—
Bear
Exploration ft Radium
Beatty Bros common
—1
■
Telephone of Canada——~
100
ft Son§ class A-—<4--^--—
47 c
>
■;
42c
Sep
Jan
Colomac
Gold
72c
70c
v;
24C-
-
Bidgood Kirkland Gold
/
Biltmore
Hats
class
A
-
23c
27c
Sep
May
May
..
-
,
23%c Jan
Beattie
Feb
Consolidated
Consolidated
Homestead
Blue
_*
25
B_„„—_
Top Brewing class
25% Jan
28
Aug
39%
Jan
Cournor
40...
Jan
Crestaurum
23c
Jun
Aug
,
7%
Feb
May
91c
Mar
Aug
42
25
*'
'
:
■
>
'•
Bonvllle
Gold
Brantford
—
Coal—^
Cub
Aircraft
Brazilian Traction Light ft Pwr com—•
21%
1
—,——*
41,500
5c
May
18C
1,500
13c
Feb
2.82
4,325
7%
20
14%
50
11%
12
ritish
American
"British
—4.,^-,
Oil
25
Elec
Columbia
Sep
Davis
Feb
1.35
Columbia
"British
Columbia
,
class
Packers
?
-
; 31c
•
——
—
21c
6
Apr
Sep
59
«
Denlsoa
Jan
14 *■
,
Mills
—
Feb
6%
6%
250
6
Aug
1.25
1.25
18
18 %
90
75c
85c
5,450
1.20
—i
«*•
Dome
May
10
1,335
825;
13% Mar
May
1.25 Aug
11
3%
Jan.
14%
Sep
29
May
20
Jan
24
26%
■
z
4
,*•
12c
r
24
moi
.102
24c
17c
.
Discovery Yellowknife.;
Distillers Seagrams common
Ltd
Mines
Jan
2
7,000
159
162
10
2,400 ;
20
95c
29%
—
29%
22
*
& Steel—
Dominion Foundry
25c
Burns &
Class
Feb
Dominion
Dominion
Feb
Jun
&
Tar
;
82c V
95c
■'
48 %c
Feb
29%
Calgary 81 Edmonton
Callinan
Flin
■——?
——1
——
Flon
Mines
Duvay Gold
1.55
Feb
East
Amphi
4.75
Feb
East
Crest
35c
Feb
East
Malartic
Sep
50c
Jan
East
i8i7May "'t
4c
32% Feb
July
12
.May
Cshnont .Oils
Campbell
Easy
Red
3,05
-»
Lake—
5%
common _"j_———1*
panada Cement common —!———!*
Preferred
—.1;——20
'•
■.»
-Canada Malting
Canada
Northern
.
,
.
• t
Packers
Class B
Power——',
class
_
-
3.15
,
'■■5%- ;?5%
*
•«
*
\
10
Jan
29
16
•
.
9%
.55
7
;
L_-
;
.
13%
5
Aug
-16% May
/30;
260
;
60
;
66
1,300
31% July
Jun
12
Jan
40
Jan
18
Apr
«%
July
200
17
12% May
41 %
41%
:'42
80
..81
30
22
May
22
22
25
19
Apr
8
Canadian Bakeries
iutn»aian
Bans
Canadian
Commerce——.
Breweries
ol
22%
.ig
23
—
Rights ;
:
27
:
:
Canadian Canners common
*.
Convertible
i
20
_
-20
1st preferred
8
105
8
1,515
21'
23%
3,656
22%
20
"
Aug
„
Falconbridge
Canadian
-
$1
20
A
Celanese
.25
Canadian
Dredge
:
Canadian Food Products'
A
24%
22%
common
Fittings Ltd
Fleet
Jun
31
Mar
235
•-■10%
Sep
14
Feb
:11c
I 21,500
-8c- -July
26c
Feb
42c 45 VcC
.
■
Mar
•7,600
36c
May
85c
Feb
70c
70c
75c
5,500
30c
May
75c
Sep
1.03
1.00
1.10
18,700
C7o
May
.710
>93c
245,500
44c
Aug
16%
17%
1,580
14
May
a*
56,000
70c
Aug
'1.34
Jan
18
Jan
*-
Sep
75c
1.70 Jan
98 c
Feb
1.10
96c
1.10
23%
24%
100
Ford of
Feb
Jan
135
16
10
8%
*
1
5%
10
Mar
267/B May
Sep
29
33%
Jan
Aug
45
Jan
Jan
amies
29%
Jan
Glenora
20
Apr
26
Jan
11% May
15
Feb
God's
19%
Feb
Goldale
Goldcrest
17
17%
:
240
20
100
24
175
23
440
11
23
24
12%
1.01
v
•
225
17
Aug
57
50
55
May
67%
Feb
24%
24%
200
24
July
25
18
May
Feb
10
May
15%
Jan
20
Feb
Jun
91.
.*
'
30 Va July
Sep
26% May
15
Feb
May
-
1.62
Jan
1.33
272,250
64c
May
46c
419,600
17c
May
77c;
85c
6,900
72o
Aug
1.58
Jan
19c
17c
26c
186,500
11c
July
28 %c
Sep
40c
46c
44,900
57c
Jan
8c
3,500
1.80
1.82
13,325
1.50 May
3.05
3.35
25,695
2.70 May
4.75
Jan
9%
9%
9%
355
8% May
,11%
Jan
15
15%
19%
19%
19 %
.,
*
90c
1.10
3.90
•
...
72c
38c '
.
4%
-
—
>
47c
77,000
3.90
4.00
2,997
*17%
17%
•!
4%
7c
*
54
'.5|
7%c
*565
90c
5c
Jun
60c
ihug
May
"28c
20c
1.36
60c
Apr
3.90
4.00
,19%
67
4% May
200
8c
475
9
20%
21%
24%
24%
.
795
-19%
20
20%
23
Sep
Sep
Feb
Jan
Jan
lie
Jan
Feb
13%
Feb
5
May
2
175
9%
May
11%
2%
13%
Feb
5.50 Feb
Sep
Aug
-
Jan
2.60 Aug
1.96 July
16
Feb
15% Aug
21
49 V, May
'•6,000
.
2.45
Sep
400
-
12%c Jun
14% May
13
20%
Jan
.19%
2%
Feb
13 Va
Jan
Sep
2*»
Aug
vg
24%
Sep
26
Jan
38c
Jun
Aug
Feb
23
24
130
17c
23
,—p.•• **
—
17c
I,200
12c
2.40
2.70
4,500
2.05 May
3.25
Jan
18%
19%
31
16%
20
Aug
110
«¥>— 4
2.45
18%
May
'
Apr
110
80
109 % July
111% Mav
20
109% May
111% May
4
110% 110%
4
4%
475
3% May
13%
15
325
110
110%
—10®
5%
Jan
18%
Feb
——
Lake
Gold
Gold—
Mines
Gold
13%
lioo
105 105 %
15
6.60
13,160
13 V*
105
Sep
July
5.40 May
107
Jan
7.15 Mar
6.35
6.35
13c
4,000
10c
July
3 VaC
20,500
3c
July
Feb
3%c
4c
9c
1
52c
95,200
43c
Sep
Aug
49c
43c
71c
1
1.17
1.13
1.32
22,741
57c
Jan
2 500
16c
July
Feb
17C
17c
22c
17c
12,500
11c
July
32c
Aug
4%c July
23c
Aug
50c
Jan
Jan
11c
1
IIIi
1
_i
—:
Golden Manltou Mines
Ooldhawk
Porcupine
Golden Arrow Mines
26%c Mar
270
-
12
12
class A
-;-
117,641
53%
common
4
:180
94,700
4.00
3.25
17%
Candy Shops
95c *
.-85
.
1.80-1,884,775
1.00
3.50
-•
Jun
30
Feb
Mar
Jun
35c
Gold
Exploration
Lake
May
•
77c
43c
Globe Oil
200
470
24
12%
18
27
12% May
13%
27%
:•
1
26
12%
23
-
..1
Sep
Sep
Feb
May
40
27%
-l
General Steel Wares common
Jun
11
Sep
8
27
120
24
•
25%
20%
50
*
205
23
——
General Bakertea
20 7
12%
8%
30%
41%
13%
13%
27%
.20
Power common.
preferred
preferred —
110
Jun
3.25
Feb
23%
Sep.'-
Jan
17
41
7c
Nickel
Co
Sep
29%
13% May
29%
29%
Gatlneau
360
150
Apr
100
27%
16
1.81
5%%
-
Sep
25
100
—-
26
.
100
24%
100
'
Canada class
Frobisher
23% May
May
10
27%
27 %
.10
-1
Class B
22
■
3,420
-
19% Jan
42c
Fleury-Bissell preferred
Francoeur
-
27c
Sep
10c
,
Mfg ft Aircraft
20
22%
Jan
28 %
;
-I
-
—
Federal Kirkland
34,197
22%
28c
8c
-70
4,000
2.44
*•
Grain
Federal
Sep
57
common.
preferred-
Class
—
Aug
9,127
29
1.60 May
Mines
Players
Famous
29
•
Class
Jan
9c
20c
16c
—
Corp
Eureka
23%
20
preferred
common
Apr
1,600
•
Canadian Car
Feb
Sep
2%
11
49% Mar
87
Sep
21% 122%
23
1.43
70c
1.80
41c
IflBW—.
m Bel Gold Mines—
25%
•
75c
-1
class A—
Mines
Foundation
Mar
50
-
L—Jl.
—
Mar
45
.July
1.75
Jan
Feb
^Canada Wire & Cable class A—,——*
Preferred.
Jun
62
188
'
■77 7 230
...
6%
Sep
*16
20
y
3 50 Feb
7 23%
;
Apr."'.
'52
,51
B
Jun
v,36% July
;;7, 35 y
10
13%.. 13%.;.
1.60 Jan
May
397/a May
12c
2.70 July
73c
) 930 Jan 7,
65 ;
'.
,
37%
198, 200
—100
^Canada Steamship Lines common^——*
Class
Feb
Mar
17% c Feb
*Jan
15
16% .16%
'
4
*15
1.70 Jan
24c
140
>
•••
..69o
100
1.09
8teel
Eddy Paper
Elder
;33c
Aug
{ Sep
5%c May
" 3,100
,
'.
30V4
30
37%
-.A———r—T
—
Canada Permanent Mtge—
.
/
22,400
17»/»
53%
_
'
i 3.05
17%'
.
Canada
,12
13,170.
6,500
;
Jan
12,500
Washing Machine
Fanny Farmer
^Canada Bread
.
12c
10
..
41c
33c
'.39c
.
5.000>
,
12
2.49
Jan
55c
10%
7%c Feb
Sep
22
8 tic
38c
Aug
—
Sullivan Mines
100
8c
Sep
July
25c
10%
'
Mines
May;
284
2,35
•
24%
20c
42
41
Oil
15c
26
'
8c
Feb
Jan
16 Va
2,500
13,900
—-
'
2.45
V-
v
Jan
15%-
12
12
Jan
1.49
:> 28%
-
—
Ponalda Mines ——
Dulama Gold Mines Ltd
May
500
16c 19 %c
19 %c
174%
,28y»
——
Woollens
EMona Oold
Palder.-Bousquet
1
vald^ell Llnen common!————*
Apr
Aug
"6,500
27c
30c
Jan
3%
30c
Aug
15
15%
Aug
Feb
80c
5
10%cll%c
Steel ft Coal
Stores
Aug
.'
26
class A-
Co
B
89%
17 %c 19 %c
19c
cl B—
2#
--————..i.——*
Chemical common...*
——-23%
Dominion
Jan
.
23c
490
6c
-
•
27c
28C
.25
29%
*
Jan
80c
20,600 :
31'
v
6c
Feb
34c
152
4,600
4- «■
———
—
Dairies common
Dominion
\,2.50 Apr
*
3,000,7
20c
Bunker Hill
61c
Sep
,78% May
55
90c
24%
Bank
Eastern
Building- Products
825
159
::5'.
,
Anglo Invest - ¥* »»**—r-
&
Dominion
Dominion Coal Pfd
9
•
July
27c
•
26c
July
16c
99,300
v.
Apr
'
Jun '
15o
.14.600:;
19c
Fei
Feb
1.00
Jan
24c
3,000
..
20c
1
84%
22
.•
Dominion
27
25% July
,
20.
7
23c
—1
.
21
Jan
65c
90c
;
——
103% Sep
'4% Feb
May
July
5%
19,000
3.10
Mines,—
'(Buffalo Red Lake Mines
30c
16c
-
83%
83. V»
Apr
May
32c
Aug
3% May
11,225
:V
1.28
1.56 Jan
1.10 May
17%
Jan
..1
Diversified Mining——
1,200
1.18
750
7%
„1
—
Jan
27%
2.85
.Buffadison Gold—
Buffalo Ankerite
Buffalo Canadian Gold
Jan
Jun
Feb
"
————
35c
42c
.
-1
Duquesne Mining CO——
Bruck Silk
Feb
Aug
7c
Feb
35
Apr
6,500
21
15
60c
70c
Dexter Red Lake Mines
17c
100
37c
Feb
Jan
Sep
.1
10%
5c
7605
21
34c
,s Broulan Porcupine
Jun
11%
775
May
85c
>-
Nickel- Mines
Aug
'
.895
2%
22c
8%
15%
33c
87c
Detta Red Lake.
Feb
10% Sep
;
34c
-
Feb
6
6%
.1
Dickenson Red Lake
1,795/
,18c
V2%
—
3.45 Feb
2.10 May
37c
-*
Feb
■
,
Jun
50c
500
41%
B
Feb
7
27
27%
—*
*
class A—
Power
Class B
British Dominion Oil
'
6
Feb
14%c
14% May
63,900
Aug
>723%
Sep
60,700
3%';-,3%
3%
B—_*
May
1,000
1/
a
class
Leather
■Preferred
British
Jan
33C
—100
Delnlte Mines
44c
48
103
13c
9c
*
30c
25%
102%
pref—
1—100
British Columbia Forest — r—.•*—-*
■
•'
—
10 %c
12c-
10c
20
7%
-1
Petroleums
Jan
11%;
25
175
8c
Dominion-Scottish Inv preferred——50
Red Lake Mines
rewis
Jan
42c
1
D'Argon Mines
Davies
Aug
1.50:
:v. 11c
Sep
30
——...
6c
26% ; 26%
21%
21%
—25
.—
30
28
6%c
i-i-1.-
—
14o
11%-
11%
1.50
4,.,*—-*
common^——*
Cordage
Preferred
11
1.40
•
—,
—
Brand ft Millen class A
Apr
II—1
Patricia Oold
Dominion
(Bralorne Mines .Ltd
2.20
_»
—
-—
Crotnor Pershing Mines.—.—
irCrow's Nest
Sep
'.■*
100
ioc-
7%c
Mines
26c
10%
10%
7%c
i.——*
Jan
33c
33c
*
—
500 u
7c
v""
*
-
—
—
Boycon Pershing Gold Mines
—
7,900 /
'1,200 !*
.
330
7c
>
_—_l
Bowes Co class A
;
'
31c
——————————————————1
—
.19c
16c
I
Bobjo Mines Ltd
Bonetal Gold
75c
July
42c
1
Oil
.-*Smelting
5
——100
8c
Mining
Feb
Jun
55
25
100
'
Jan
1,775
1.85
10c
2
Corrugated Paper Box common—
89c
20
Jan
10 7
.
61c
.
Mines
Exploration
Conwest
7 191"
Sep
'
60c /Aug
..
4.30
Aug
9c
Jun
f .17%
V* J
g
Gas
Sep
26%c May
15
2.60 May
21c
Jan
50c
38
•
2,000
Central Cadillac—
Jan
34c
7
15,600- ' x16c Mar
30 j
-20 % May
:
Aug
7,500
''
Bakeries
Consolidated
19c
>
.
*
30c
25c
May
79%c Jan
40c
"
1
—1
Consolidated
33
13,100 *'
July
Feb
39c
"35
Jun
7%c Jan
77 5
"July
7
13c
13 %c Aug
30c
May
1.25;
Consolidated .Mining
Feb
12% Feb
,
20
55i
■
Feb
2.20 Jan
13c
1.35
11%
WM *w M.
—
Apr
-
W'MIU*
M
Coniaurum Mines
5.20
•7176
55
Apr
3.45
2.65
National
Conduits
76c
38c
3.90 May
'
481,650
■y: 896
*10
z_50
26%
33c
—*
———:———*
35c
.36
22
-
Feb
May
10c
6%c
.
—
Pete
50
10
Blue Ribbon Corp common—
\ Preferred
33c
—^—
25,200
22
preferred—,—*
214,700
10c
1.55
falwm
May
1../
10
■>
*m
Commonwealth
Crewehore
25c-
1
Commoil
Sep
'
73c
6,950
2,770
Yellowknife.
Class
1
—
-
1.60
37,700
...
Jan
'
Bevcourt
1.45 Mar
14%
Cockshutt Plow
A
Class
11c
.
-.a 75,800
69c
3.00
1,600
1.10 May
1.50 May
34,430
Oold-
Willans
Cochenour
7; 8%c Jun
.-/20c vJun
200
181:
•
May
2.00 May
25c
Cochrane Duniop common
30o
Mar
' 20
20
24
100
1.26
16c
Jan
40-
177
177
o
Bertram
120
2.40
27C
Oils
1.03
64c'
,
.38
Yellowknife
Beaulleu
Bell
1
—
58c
58c
Coastal
Aug
.-,140
•
25%
22c
28
15 %
16c
•
5%
23
45c
1
May
S
990
9c 13%c
■' 5%
,
^
^athurst Powbr A Paper class B_/——«
Sep
18c
Malartlo
Mar
6,000 7 7,78c
39
20
35C
Smelt
9
18,200
36%
39;
100
21C
Bar Knitting
Citralam
Consumers
28c
8c
Feb
May
3.20
&
93%
v
10
—:
Bank of Nova Scotia
Bank
24c
27
<;
Min
Feb
1'
24c
9c
1
*
99
15%
35c
'.1
lie
1,733
.
Circle
'
Bagamap Mines
Bankfield, Consolidated
Bank of Montreal
1.55
1.55
-I
May
8c
,
,
43,100
4.40
Chromium
9%
Aug
6c
14,480
40c;
4.25
—______l
r
1.25
23c
13
50
14c 22 %c
17c
2.40
18%
Aug
11% May
1
41c
76,800
14%»
20C
,____l
24%
'MM*'
Chimo Gold Mines
1.90 July
107/aC May
7,000
80c
•
20
Sep
97
III—III
Porcupine
Gold
9.65 Aug
Jun
May
6% May
,
1,110
93 Va»
58c
8.45
19,500
52c:
14%
20
Feb
87c
14%
48
Mar
1.30 Feb
16c
—
Aunor. Oold
19c
Aug
13 %c
Atlas" Yellowknife
Jun
60c
60c
•r
Jan
77c
6,000
17c
1
Quebec
Aug.
82c
93%
20
Chestervllle Mines
10% "
—
Athona
60c
6c
93%
4,112
310
'
Sep
Feb
70c
9c
10
1
1.90
3,020
6%
1
Hardware class A I
Gold Mining
27%
1.35
45c
14
247/e
Mines
Jan
Sep
9.45
45c
1
,
Ashdoym
Astoria
Chesklrk
26
66 %c
9.45
6%
60%c May
12%
7.
Research
1.23
9 Va C
2,205
68c
98%
13%
A-
Centremaque
2,000
10,925
*
—'———,
Arjon Gold Mines
Ashley
Chemical
14c
-.
Armistice
Central
July
14c
1!
S
Jan
15%
Central Patricia Gold Mines—.~——"l
213
3,000
7c
Jan
16
»
67C
Castle-Trethewey
Jun
11% May
11% May
16%
375
98%
«...
Mar
65c
79c
class
—
188
60c
—1
26c
15%
14%
♦
High
Sep
14%
—25
—
class B__
7
180
185
——_i
Wirebound
Gold
Cariboo
Jan
Low
15%
Feb
12,800
—
Wallpaper
Aug
79c
1.30
Canadian
320
•
.
Anglo-Huronian
Anglo ftouyn Mines
13%
*
Railway
Pacific
41
66 %c
1
1,791
13%
13%
High
68C
Jan
70c
__
',14
f
"l00
21
271/4
•
1
May
13%
A
preferred
1,235
391/4
207 209%
1
_
4%
Canadian
Aug
1.50
12c
43,500:
26%
1
Jun
41
Sep
com
Range Since January 1
100
*
Feb
Aug
15%
Canadian Oil Cos common
*
23% Mar:
107
10c
..
26%
—100
43%
Jan
90c
36%
•
—_
pfd
Mines
Feb
Jun
32
1,100
39%
American Nepheline
Ansley
103 %
.50
...
.
1.05
10c 12 Vac
16c
Alcohol
Industrial
Canadian
104 104%
39
22
•A
15%
Canadian Malartlo
21% Feb
36% July
19% Sep
100
•
l-
1
Class B
1
High
14% May
17% May
...
1,365
60c
Ltd common
of Canada 4%
Aluminium
Range Since January
590
,,
20
1.00
—_1
—•
—,
Steel common
Aluminum
i6%<
104
Shares
Low
Machine
Ice
Canadian
High
1
1.
——
Shares
Low
*
—_—
Alger Gold Mines
Algoma
of Prices
19%
20
•
Canadian
for Week
36%
100
Agnew-Surpass Shoe
Akaitcho Yellowknife
Alberta Pacific Cons
'
19%
—20
—
Bales
15%
•
20
Abttlbl Power 8c Paper common
"
Range
Bale Price
stocks—
Sales
for Week
ef Prices
Par
Week's
Last
Range
Sale Prioe
STOCKS—
Canadian Fonda
Friday
Week's
Friday
Exchange
1
\
21c
20 VaC
-
25c
8c
7%C
8c
2,000
16 %c
16 %c
20c
II,200
2.20
2.20
2.20
450
14c
13 %C
16c
132,600
13c
2.05 July
8c
Aug
20c
Jan
1.98 Mar
3.30 Jan
74c
Jan
THE
COMMERCIAL
&
CANADIAN
RANGE
Friday
Week's
Range
Shares
Mines
Mines
,_1
-
_1
Goodyear
Tire
Preferred
Gordon
Low
10c
,_1
common
.50
——
30c
43c
5c
5c
5%c
3,500
98
102
115
53 V*
53
53%
90
11 yB
80
Mines
7c
59,900
Mackay class A—
Grandoro
Low
8,000
32c
11%
High
May
17c
4V2C Jan
July
113
55 V*
52% July
13c
1,000
15%
157/a
1,003
45 V8
44 V4
45 Vs
200
lOVa
10%
150
Mclntyre Porcupine Mines..
McKenzie Red Lake.
—X
McMarmac
-1
Jan
McWatters Gold
Mercury
17
July
47% Jun
Midland
Red
Mills
Great
West
Coal
—.
—
Great
-V
West Saddlery common—
1st
._<•
.
preferred
Greening
.50
Wire
9%
._■>
.
Gunnar Gold
„1
Gypsum, Lime & Alabastine
55
__
37c
14
11
9%
IIV4;
44 Va
Sep
10Va Aug
45
9
15
'8% May
55
55
105
51 % May
4y2
41/2
50
36 Vic
13%
."'
37c
2,700
14
4
205
'
13
55%
Mining
Model
Monarch
Sep
Sept
31c
July
57c
13
May
Moneta
16% Jan
4%
Hallnor
Hamilton
Hard
Harding
9%
__
Carpets
Harker
65c
—..
Ha saga
Gold
Hedley
Aug
Feb
New
May
15c
Feb
New
10c
Sep
35c
Aug
10
Aug
23 %c July
Highridge
Mining
Barcee
*
Hoilinger Consolidated
Home
*
;
Gold
Mines
5
Oil
Homer
•
Yellowknife
Hosco
Gold
Imperial
Erie
10 %c llViC
8c
8c
12%
3.75
2.75
32c
10c 14%c
32c
29c
1
4c
Bank
'
Preferred
,
Lake
Ingersoll
Machine
...
Petroleum
Mountain
Jacola Mines
Jason
Joburke
Joliet
Mines
Kavrand
:
-
;
...
•
Ltd
Mines
(1940)
1-.
•
■9c 10 Vic
1
4c
J
C--L
4c
1,000
80,390
18c
22c
33c
40c
58c
30,635
65c
Aug
9%c Jan
6c
May
17c
Jan
5%cMay
13c
Jan
9c lOVaC
9,800
8c
10,000
1.37
1.37
200
42
__
1.25
44%
1,250
39c
36c
47c
77,100
1.50
1.59
5,700
21c
18c
21c
5,150
8%c
8c
8%c
12,000
7c
—
30C
31c
3,000
6c
7c
1,500
4 V4
4%
6c
5%
42
;
*
25 V*
& Exploration-.
Mines
25 V4
25%
6.50
6.30
10 Vac
15c
Feb
24c
Jan
48c
Anr
5c
Aug
10c
Jan
200
3T/a
common.
2.25
2.67
Feb
60c
67c
4,300
46c
Jun
1.77
70c
76c
Apr
25,300
40c
Jan
16c
2.35 July
July
21c
Jan
7%c
1,000
3,000
14c
7c
6c
May
19c
Jan
13%c
16c
27,500
7c
May
2%
2%
13,155
—
1.80 May
50
2% Mar
19
19
25
13 %
14
775
10c
10c
500
9c
20c
__
10c
.
__1
Jan
23
Feb
Lake
Wasa
La Luz
30c
6,200
70c
Feb
1.70
441,023
81c
66c
July
2.26
Jan
81c
38,900
45c
May
81c
6%
Sep
6%
150
Feb
7
Aug
l
4%
5V4C May
9c
Aug
Jan
27% July
1.18 May
6c
Sep
2.80 Aug
Lapa Cadillac Gold
19%
——
Apr
—...
7c
Larder
Laura
"U"
May
4c
May
Aug
-
Mines
Secord
Aug
July
Aug
42c July
7V4C Aug
6c
2c
7c
16 %
West
-
2 V4C
-
May
39c
|
Leitch
Gold
Lexindin
Mines, Ltd
—
27c
Lingman Lake Gold Mines
Little Long Lac Gold
Mines Ltd.
Loblaw
Class
Groceterias class
B
33%
Gold
Lunward
11c
12c
10c
85c 94 %C
Aug
63c
May
1.68
1.16 Jun
1.45 May
28
Gold
I
Jun
26%
Mines
Yellowknife
Jun
1.35 Aug
16c
Gold
9c
Macassa Mines
MacDonald Mines
Macfie
!
Viadsen
Red
Magnet
Consolidated
Lake
3.05 May
2.25 July
.
MacLeod-Cockshutt
Gold
Gold
Mines.
Mines..
11c
Aug
1.30 May
2.80 May
May
Jan
49 V4
Jan
.
_
East Dome
1.32 May
12%
7c
common
30c
...
preferred......
.
Mines
Queenston Gold Mines
Quemont Mining
Regcourt
Gold
Gold
....
Rtchmac Gold (1936)
Riverside Silk class ARobertson
Mfg
common
Robinson
Cotton
Robinson
Little
Mills.....
.*
com
-*
Class A
_♦
Roche Long
Rochette
Rouyn
Lac
Gold
_1
_1
...
Merger
Roxana
Royal
Oils
Gold
Li
Mines
Co
11%
..
—
__
..
..
: 31 Vac
,
11%
8%
9
16
16
10%c 10%C
lie
13c
28c31%c
-•
Oil
33c
30c
.10
Bank
Royalite
23 Va
23 Va
23%
17
17
17 Va
4.05
-•
37c
Roybar Chib Mines Ltd—_
Rupinuni Mines
—
Russell
Industries
Ryanor
common.
Mining
July
A preferred
St Lawrence Paper
preferred
-
San
Antonio
Sand
River
Sannorm
...
2.
Mnssey-Harris common ;
'
Preferred
McCabe Grain class
A——
McColl Frontenac
Oil common.
Preferred
J
May
1.50 May
2%c July
100
Maple Leaf Milling
Marcus Gold
tin-McNeeley
Sep
Va Aug
Gold
Manitou
Feb
...
St Lawrence
Corp common
Gold
Malartic Gold Fields
Manitoba & Eastern
Manitoba Sugar
Mar
May
July
V
i
Red Lake
Jan
75c
71c
—-
A
...
Luuvicourt Goldfields
Lynx
1.27
1.60
May
...
Metals
Sep
1.20
Gold
July
2.30 May
3.25 May
25c May
:
Quebec
Reno
Candy
Lebel Oro Mines
Le-Duc
Sep
22c
Lapaska Mines
May
19c
Gold
Quebec
81c
..--.f.
Aug
84c
Mine?"
;
Sarnia
Scarfe
Gold
Mines
Ltd..:
.1 1
Gold
1
Mines
.1
Bridge
Ltd
Scythes. &
-
class
Co
A
Shawinigan Water
Preferred
3.95
12.% c
14c
6c
Aug
26c
22c
29c
16c
May
12%
12%
11
May
16
Sep
13%
&
Power
16
13%
3.25 May
13 V. May
31c
....
May
21% Aug
—
Shawkey- Mines
-Shea's
3.95
12 Vac
16
common-^..
)
Senator Rouyn Ltd
Winnipeg Brewery
49%
——....
class
A
18%c Feb
28c
Proprietary Mines
Sons
July
1.20
Porcupine
Purdy Mica Mines
Purity Flour Mills
Mining
Mines
&
May
:—_
.
27/a May
19 V*
13
70c
—:
Reef
25%cJuly
16% July
J
-
•
,
Sep
30c
'
—
Peninsular
67c
1.39
,__1
Tubes
6V4 May
Aug
9 % May
Mines
Feb
2.09
13Vac
*
—
—.
River
Preston
-
6
5% July
50c
11
Lang
Jun
415
—: ■
__1
—1
Crow Gold'
Pressed
Feb
16c
15 Vac
...
Premier Trust
6.60
12c
44c
May
34,200
—1
1
Powell Rouyn
VtC.
1
Jan
59c
.
Mines.
Car
Powell
Jan
Jan
2.05
5%
„•
Lake
Porcupine
54
83c
July
1.32 May
18c
July
65c
Mines
1
—
Aug-
25c
Jan
5%
Pioneer Gold
——
2.10
2.11
common—:—
Hershey
Piokle
Jun
Feb
50 %c
52c
-_1
Exploration——...
Lake
Piccadilly
(1945)..-
Shore
May
4c
9%C
Partanen Malartic-—
Fortune Gold
Lake
Red
Porcupine
Labatt (John)
Labrador Mining
Lake
30c
1,500
Paramaque Mines
Gate-
Mines
24,250
—5
Mines
Parbec Malartic
-
j.
Lake Rowan
Osxsko
Osuiake
Orlac
5,100
47 c
Lake
Dufault
42c
Apr
Jan
Feb
2.55 Mar
6V4c
Gold
Feb
26%
12'/ac Jan
6c
__1
,
Crush
Aug
Sep
Jun
July
35c
Pamour Porcupine Mines Ltda.
Pandora Cadillac- ——a.
Townsite
Laguerre Gold
22 Va
40c
36
6c
4 V4
4
Steel
Page
19.000
KerT-Ajd^vii..__.-^__|L^^__
Lake
83
'
Feb
Jan
37c
Paymaster Cons. Mines...
Pen-Rey Gold Mines—_
Kenvllie- Gold
Ktrkland
July
(Eastern) Gold
Pacific Petroleums—
rt.e^wre/i, Go^a
Keno fcilfJ—J
Klrkland
4c
Pacific
—_
Kirkland-Hudson
1.82 May
7,500
—1
Pacalta Oils
1
Golden
4,400
7c
2<*
Jan
Mar
75c
Gold
Ottawa
*
l
Mining
Klrkland
2.20
6c
common
'Beauty Supply
33%
__1
__
Mines..
Kelvinator Co
22%
2.05
Oils
104%
•
—__50c
.„
Quebec
22 Va
2.05
6%c
19%
July
17%cMay
•
Mines
....
185
—1
Gold
Orenada
1
.
____1
Mines
2,000
35
May
1.51
Ontario
___100
common
International UraniumIsland
20c
—1
38 Va
Jan
Jan
34
17
Jan
14
20c
—
42%
Malartic Mines
Ontario
25
.
Jackni/e Gold
17
7c
O'Leary Malartic
Omega Gold
26
A
Co
Sep
13.-
„1
Okalta
*
com—
-
Nickel
12V*
30
Ogama-Rockland
1
Preferred
International
International
110
25c
37c
__1
Preferred
6
...
International bronze Powders
Preferred
class
13
\
—1
Orange
Metal
May
10'
Mining
Omnitrams
-
,
May
15c
Feb
74% July
27% Aug
,
28 Va July
*
Norzone Rouyn
—....
Inglis & Co
Inspiration Mining
Int'l
14c
15,550
1
_
—....
2,000
27c
12%
Jan
...£1
—,
Gold
16c
21c
Jan
Feb
22%
85
__1
O'Brien
;
65
May
26% May
15c
28 Va
—5
North Star Oil
10
18,
72c
.
40c
185
Norseman Mines
May
2,100
150
Norpick Gold Mines
May
'
12%
Car
Yellowknife
Northland
10
10
28 Va
—•
Gold
Jan
Jan
Jun
9V4 Aug
17 V*
Gold-
Inca
Jan
28%
Norbenite
Imperial Oil
*
Imperial Tobacco of Canada
ordinary_5
Indian
class A
Mines
Marlon
Normetal
37c
12
Mines
Noranda Mines
Jan
107%
100
325
27
—
Bidlamaque
May
40
72
27
Nicholson Mines
6V8c Aug.
24%c Aug
37c
71
j.
North
14 %c
1
-
Feb
9.50 May
3.65
*
common
97c
Nib
Jan
11%
3.75
•,
_
11% Aug
16% May
10.50
15% May
Sep
15% Sep
370
25c
Pipe
Steel
Newnorth
May
12 V*
1
Mines
Hunts Ltd class A
&
10 %c
Jan
Sep
—1
A
Nipissing
9%c 10%c
1
—
Howey Gold
Hudson Bay Mining & Smelting
Hugh Malartic
Huron
9%c
1.40
Apr
14%c Jun
Mar
7%
Feb
Feb
19
Apr
7.90 May
18c
Pet)
62c
20c
22 Va
class
Feb
95c
Heva Gold Mines
Htghwood
1.45
National
94c,
__1
Sewer
7c
common
16
1.7 V*
Petroleum
Feb
15%
*
100
43c
12%
.20
Hosiery
—
Paper
16%
40c
15%
26c
„5
—
Mascot
Hendershot
16%
—
__1
National
75c
Lake
100
Apr
Negus
Red
8V4
71
1
—
Mines
National
2IV2C
Gold
Headway
-8
27
1
National
Apr
1,500
__
-•
Lac
Feb
12
Gold Mines
2,500
25c
5%c
10
8.25
40c
—•
—
——
preferred
Jan
18c
Gold
Harncana
Heath
Mines
15%
25c
—
-1
Preferred
.
Gold
30,800
8,00
17%c Jun
66% Sep
47%cMay'-'
30c
May
ll%cMay
16 V4 July
100
9c
Jan
'
common
Drug & Chemical pfd.
National Grocers common
Bridge
Rock
16%
8
National
Mines
2,500
15%
.—
Works.—
Knitting
Mylamaque
;
19,020
High
Jan
54
10,640
42c
7%C
__
Long
56c
15c
16 Va
9c
1
Porcupine
Mosher
Gold
55c
L*
Moore Corp common
Jan
preferred
Swayze
Halcrow
-•
Grain-
Montreal Locomotive
Hahn Brass
Halliwell
Oil
6V4C
555
34Vac
37C
Corp
Tool
2,000
65%
'
Oils
Modern
5% Mar
Jun
56c
'
—
Pacific
&
Low
,
14c
Gold.
Range Since January t
High
10c 10 %c
64%
...
11
Aug
18% May
Aug
Lake
65
_.—
Mid-Continent
Great West Felt preferred
Low
,
—5
—
17% May
17c July
13 V. May
13c
Shares
,
Jan
He
95
for Week
Par
Sep
Peo
45c
UVsJuly
10 %c May.
13c
common.
Sales
Range
of Prices
McDougall-Segur
Sep
20c
May
157/8
—
Great Lakes Paper, new
New preferred
Week's
Last
Sale Price
STOCKS
Range Since January l
High
10c 15 %c
100
Goodfish Mining
Friday
for Week
of Prices
Par
Goldora
Goldvue
13
Sales
Last
Sale Price
STOCKS
SEPTEMBER
ENDING
Monday, September 15,
1947
MARKETS
LISTED
WEEK
FOR
CHRONICLE
FINANCIAL
Sep
15V4g May
10%
Sep
Number 4629
166
Volume
THE
COMMERCIAL & FINANCIAL CHRONICLE
CANADIAN
Friday
Week's
Range
Creek Gold--
Low
1.05
1
1.05
1.05
.
vtc
;
————,
Mines
3.00
3.30
38,815
141/4
14i/a
435
Silknit Ltd com
Preferred
14
8.90
9.30
262
15
15
25
12% Apr
12
May
8.75 Aug
12% Apr
38 Va
Silverwood Dairies
Class B
38v4t
10
38
28c
ZZZ*
—.
—•
-;r„
-
—...
-*—100
Gold
—
(N)
.—
—
12%',
602
11%
20Q
26%
1,250
22 %
May
Sep
Westeel
50c
53c
4,325
45c
Feb
5,600
36c
Aug
31
25
1.15
1.20
5,500
28
91c
21% May
7%
(1944)
—
com
...
Paving com
•
62c
61c
—♦
5%
63o
4,100
7%
.__*
8
185
Products
Weston
Apr
(George)
5%
*
33%
6
160
Starratt Olsen Gold———————-1''
6%
5
5
10%
50
10
69c
5,500
55c
Jan
8
Jan
14c
July
23c
Jan
29
180
23% May
29%
Sep
26
100
25
Aug
38%
Feb
'
37%
37%
55
34
Aug
36
Jan
27
27
950
27
950
104% 106 V*
15
-I
■
27
1*
il
lie
lie
16c
_i
13c
16
16%
14c
100
I~
99%
99%
13>/2c
13 %C
17c
20%
20%
3.15
2,460
25c
27c
8,500
10c ll%c
31
108
109,300
97
5
-
*
-
3,10
Aug
29c
Jan
21c
Apr
17% Mar
101
May
7c
July
20c
May
20
Feb
Jan
200
Jan
13%
300
3.05
jun
27
13,800
Mar
39% Mar
104% Aug
7%c May
10c July
10c
Aug
40
_1
*
Jun
36% May
52,700
6,000
29,500
1,508
16c
*
-1
12o
._i
—
7
Aug
Jun
25% Jan
2.70 May
10c May
3.40 J<m
30c,
Jun
100
lite
Mar
Apr
Yellorex Mines
1
Ymir
-4——— 1
*.
Yankee
27c
10%c
Girl
Jan
1.06 Jan
17%
Steeloy Mining —
——•
Steep Rock Iron Mines——u—1
12,500
29
——100
——
Wool Combing
Wright-Hargreaves
Feb
8
12
May
63c
50c
15c
26
**100'"
common
Preferred
97% Feb
Aug
May
63c
July
—*_*
—
Winnipeg Electric
Jan
78c
5% May-
614
Bros
Steel Co of Canada common-——-*
20o
1.43 July
10%
class ;A——
700
49,000
common—27
*
Wingait Gold
54c Feb
May
May
7
8
27.
Preferred
4.95 Feb
26
Feb
8
Sep
37o
29
-
Wiltsey-Coghlan Mines
High
,
14 %c
*
—-
-
Jan
68c
May
May
50c
Low
32c
33c""
_i
-
Class' A
32% Jan
29
May
43c
31
705
■
106% Mar
40o
4.20 May
24
Western Grocers common—
Preferred
^
53c
50c
1,370
23%
——
West Malartic Mines
13% July
11% Sep
42c
*24
—
40
1
4.60
——*
19% Feb
24% Jun
19% May
103% Aug
170
High
4.50
10% Feb
July
Range Since January |
Low
4 55
(G & W)
Waterous Ltd common--*Wekusko Consolidated
July
July
15
11% May
6% Jun
840
104 104 %
,
25c
15
Feb
Shares
——1•
,
Winora Gold
Mines
Brock
Stedman
21%
104
•
—
Standard Radio class A——.
Stanley
213/#
_20
,
Standard Chemical
Standard
26
2,000
1
——
common
Springer Sturgeon
Stadacona
11
26 %
30C
320
Par
Winchester Larder
Sladen Malartic Mines
Co
'12%
11
—.
,
Siscoe
12 Va*
.
*
,
Preferred
Slater
—
—.
Simpson's Ltd class A——.
Class- B
*_
40
class A—.
—
■
——5'"-,,
—
Silver Miller Mines
Walker Hiram
14
—__1
———
——
Waite-Amulet Mines Ltd
5.33
Sales
for Week
of Prices
SalePrice
High
1.65 Jan
Week's
Range
STOCKS-
Low
3.10
—
——:
—
18
1.00 May
2.06 Jan
300
■
Sigma
Range Since January 1
High
14%
Breweries Common——,
Sicks'
MARKETS
SEPTEMBER
Friday,
Shares
—500
Bherrltt-Gordon Gold Mines-.
WEEK
for Week
of Prices
Par
Sheep
ENDING
FOR
45
Sales
Last
Sale Price
STOCKS—
LISTED
RANGE
(luoo)
17%
50
13 7% May
17 Va
Jan
76
78
95
76
83
Jan
80
80
30
10c
15c
21c
8,500
77
.
15c
July
1.75
Toronto Stock
22%cMar
Aug
Jun
Exchange-Curb Section
2.65 Feb
Canadian Funds
Sudbury Contact Mines
1
2.11
2.05
2.11
4,600
Sullivan Cons Mines —
l
2.02
1.96
2.05
1,075
Surf Inlet ConsOl Gold———50c
25c
23c
25c
2,500
1.70 May
19c May
Sylvanite Gold Mines————I
2.10
2.10
2.25
3,900
1.98 May
69c
74c
5,600
5%
5%
105
11
105
3.80
3.95
4,445
1.35
1.35
100
50C
9,400
35c
43c
33,100
5c
10c
July
Jan
31c
Pearson
Taylor
—
common
Preferred
1—-10
■■■■■••
it:
68c
STOCKS-
5%
11
Sale Price
2.75 Jan
1.00 Feb
Aug
6%
Jun
i
Sep
■
■
:v
.•
-
Asbestos Corp
Jan
British
Gold
Mines
i
3.95
—_—_5
Thompson-Lundmark Gold Mines——*
49c
48c
Thurbois Mines,————^
l
Tip Top Canners———
Tip Top Tailors ———————_*v
35c
33%C
Toburn
1.40 Jan
Sep
May
60c
Jan
:
32c
Aug
65c
Feb
290
10
Sep
10%
Sep
Canadian
Industries
18
18
25
18
Feb
Mar
Canadian
Vickers
75C
75c
250
75c
Sep
17c
Iron Works class A
_*
Toronto Mortgage
—50
—
17c
500
.16c
10%
10%
205
109
109
15c
19c
21
Preferred
\
;
—
i-*.—100
Transcontinental Resources ——•
15c
v,"
—
102% 102%
66C
70c
66c
Jan
1
9
9%
88c
12% Feb
30o
500
30%
Fuel class A preferred
—50
Class B preferred———
.—25
48
30
2o
330
United
42%
Upper Canada Mines——*——!
Ventures, Ltd—*—*—Mines
V.illbona
Gold
i———•
i————1'
—
footnotes
For
1
—
7% May
2.25
2.25
2.30
3,683
2.00 May
see
page
7.30
7.60
14c
14c
I''-"-
70
21
Jan
25 %
Feb
26
Mar
36 Va
Apr
148
240
2%
2%
2,500
2% Aug
40
40
10
37% Aug
50
17%
17%
812
14% May
19% Feb
380
1,475
,
43
Feb
130 Va Mar
152
Jan
3%
Feb
Mar
1,000
32c
Jan
72c
20
22
100
19
Jun
24
32
32%
225
31
Apr
37
Feb
94%
94%
15
92
Jan
100
Mar
*
18%
18%
300
14% May
20
Aug
Oil-
—
Oil
1
••
-■
7
-
•
2.60
2.50
2.60
50%
52%
3,775
1.50
1.50
52%
52%
20
52%
20 Va
4%c
4VaC
1.90
1.95
Va
Jan :
1.90
1,800
52
-**.
Feb
***'.
—
■■■■■■•"
100
20
—-
v.-..•' jBros
July
.
Jun
3,00
'
1
"•
Sep
15% May
4VaC Aug
80
Apr
8c
8C
1.00
3.40
Sep
23c
Jan
67
% July
July
J
52% May
395
LOO
2.00
35
40c
8C
Jan
Jan
21% July
'A
59%
*
Temiskaming Mining
3
68
52%
400
59
Yukon Consolidated
Jan
'
55 Ve Jan
May
1.50 Sep
50
2,055
1,000
40o
**-**-*i—**i—**
Southmount Invest
Feb
41
25
.;
•
1.95
Pend Oreille
Mar
18c
commen
*—***—*-*—***r»*.
Oil Selections
2.65 Jan
12
Ltd
Preferred.
Minnesota & Ontario Paper
Sep
Jun
22
10
Jun
38c
'
Sep
7.20
9,378
17%
32
Langley's
Aug
6%C Ailg
500
70
43
430
139
2
International Paper common*.
10
5% May
6%c Jan
620
70
50
160
34
38C
Jun
13%
4,225
1,000
8%
7.40
43
23%
148
Price
Vicour
Feb
43
31
34
Foothills
21c
9c
8%
13%
23% May
15% Jan
Jan
May
22%
•
preferred—******
Dominion Bridge
49% Feb
Apr
11%
9c
13
Jan
31
Aug
8%"
steel—
20%
80
Disher Steel
10% Feb
13%
Gils—
United
47
48
110
14
64
Dominion Textile common—-——*
Feb
21c
8c
\
United
756
£——*•■,
common
common
Consolidated Paper ~—•
1.10 Feb
May
8% May
May
405
30 Va
—*
*
93
21%
Canadian Westinghouse
103% Feb
6,800
12 %'c 12 %c
9%
Mining
United Corp class A
88%
20%
.—-—*
Donnacona Paper
Union Gas Co——,
Union
Feb
Feb
5% July
94
July
3
116% Feb
10 %c May
102
Jun
5
65
43
8,438
May
67% May
Preferred —————*-*—100
1.40 Feb
30c
Aug
10% Sep
108
May
1,058
225
«5
.13%
Canadian' Bronze.'
Dalhousie
Towagmao Exploration
High
31
May
May
21
Canadian Western Lumber—.
Toronto
-
92
——10Q.
10%
—-
26
60%
4
4%
Canada & Dom Sugar
Canada Vinegars ——***—
10
Goldr ---———_*_i
Tombill. Gold
7150
"
4.25 Jun
3.20 May
1.35
57
Co common ————->-1
Range Since January 1
Low
27%
Columbia Pulp <8e Paper——*
Brown
Shares
High
27%
27%
12% Apr
Sales
for Week
Low
.7; 'v/:' "7:7'7'i-'7 7 7Pgr
Preferred
Teck-Hughes
Texas Canadian Oil
Range
of Prices
'
Last
Mar
,-y
Taku River Gold
Week's
Friday
2.85 Jan
Jan
42c
2,000
6%cM«.v
12c
500
1.00 Sep
Jan
1.45 Jan
46.
Statement of Condition of the 12 Federal
Reserve Banks Combined
to the
Secretary of the Treasury
give below
a
Section 522 of the Tariff Act of 1930, the Federal Heserve
FOREIGN EXCHANGE
RATES CERTIFIED BY
Increase ( + ) or
'•
7
1947, INCLUSIVE
7
F.
+
699,972
for
gold ctf, reserves—.-
Total
+
+
Other cash
Sept, 9
Sept. 8
Sept. 6
Sept. 5
Sept, 10
Argentina,
V
peso-
Official—
*'
—
'
:-297733*
3.212116
.297733*
Closed
.297733*
.251247*
".251247*
3.210153
3.211950
3.209140
Brazil, cruzeiro—***—
—*
.022832
,054406
.022824
.022828
,022828
.054406
.054406
.054406
.054406
—
1.000000
1.000000
1.000000
.901875
.569800*
474,300
Bonds
'.
.906406
peso——
.569800*
,020060
.208604
.208604
.208635
4.030546
4.028750
4.027187
.008405
.008407
.008407
I
.301729
.301604
.
.301604
——
,205771
.205776;;
,377597
.377522
Netherlands, guilder—..
Official—**.——*
Closed
premises
——
3.225000
+
31,837
56,759
+
102,620
33
3,242
-
+
—
—
.
.205776
,205776
U.
.377634
Foreign
45,666,811
24,650,412
Member bank—reserve acct,
16,932,002
acct.
242,854
428,670
531,666
Treasurer—gen.
S,
Other
1.000000
1.000000
*
—
.899375
.898541
Closed
,899375
3.223000
3.222000
■■
■
(i
■,
.201580
.201580
.040132
.040132
.040085
3.224833
•
.201580
.040194
.091324
.091324
,091324
.091324
.278214
.278150
.233628
.233628
27,674
+
185.472
304,491
—216,355
+
845,1610
+
+
43,873
+
■
263,520
—
—141,020
—
incl. accrued dlvs.
18,135,192
2,161,117
17,009
101,586
+
48,139
^+
-
+
235,718
+
089
' 727,549
+
—101,023
+ 67,809
.233628
.233628
4.00*7500
4.007500
..
44,063,730
4.007500
193,367
439,823
27,455
+
42,436
+
Total liabilities St cap. accts.
.233628
4.00750Q
—
—
Capital AccountsCapital paid in*
—
Surplus (Section 7)———
Surplus (Section 13b)———
Other capital accounts*...
.278192
4.007500
+
1
Total liabilities
.091324
.278214
——.
1,204.755
2,736
—
5,109
'3.222000
.201580
Other liab.,
1,000000
.201580
Union of South Africa, pound.
45,666,811
+1,153,848
4.851
9,(il5
+
61
81,468
+
+
—
2*054
—
.
'
h27
39,603
+1,204;755
2,736
'
Closed
*
Uruguay,
"
.
Ratio
gold certificate re*
serves, to deposit and F. R.
H
Noncontrolled—
•Nominal rate.
.658300*
,658300*
.658300*
.658300*-
.562040*
.562040*
-562040*.
,562040?--
48.1%
liability on bills
purchased for foreign correspondents ——.—
Commitments to make indus¬
3,387
liabilities
+
.2%
:
-
■"
trial
Innna
*
7,408
—.
—
ij
4.0%
+
Contingent
.658300*^
,562040*
of
combined-
note
peso-
Controlled——....
035
6,683
+
;
Liabilities-
,377522
.278250
!
Sweden, krona
Switzerland, franc
13,471
— ^v.*.*—
*
Federal Reserve notes
.377522
.040235
—
i Portugal, escudo
Spain, Peseta—**..
+
Deposits:
.205776
.901666
;903333
—
NorWay, krone—
3... ■'
99
115,147
2,468,182
assets
Total
,301592
'
1
35,600
—1,384,443
+
:^7
15,831
+
156,664
.301592
1.000000
1.000000
——
*
422,693
121,300
—186,151
Bank
Newfoundland, dollar—
Free—
+105,000
66,000
+
22,164,704
foreign
deposits —
—Deferred availability items-
New Zealand, pound.*.
7,8p
.668,8^1
—352,^22 '
and securitiesbanks—:*
banks—.
loans
from
Total
j
128,030
8pO
+
97
—1,248,414
Other assets
,008406
4.031171
iIndia (British), rupee.
!
50,2§5
-
4,526
—181,722
Uncollected items
4.027265
.008404
.208604
peso
'
+
22,042,304
F. R, notes of other
,208604
.020060
France (Metropolitan) franc—
Mexico,
6,021
+
—
.020060
Denmark, krone*—
f
.569800*
,020060'
^England, pound sterling—
i
.001875
.569800*
.020060
Czechoslovakia, koruna
.
.904296
.900781
.569800*
Free—
Colombia,
1.000000
72,093
Total U. S. Govt, securities*,
Total
1.000000
2,492,905
719,690
Due
—*
*.
Notes
.Canada, dollarOfficial-..-*-**—*.
13,806,098.
7,042,216
Bills
Certificates
3.209140
.022832
—*
Belgian, franc*—*.
Acceptances purchased
U. B. Govts securities:
.297733*
.251247*
5 ;;
.251247*
.251247*
Australia/pound
$
I
.297733*
;
Industrial
8
■
advances—-*^.
loans
Discounts and
Sept. 11
+
58,031
2,564,998
12,529
20,592,146
237,937
120,495
1,905
+
45,502
R.
notes
Unit
)
S.I
19,892,174
—**
fund
Redemption
Buying Rate for Cable Transfers in New York
Value in United States Money 7-
Noon
Monetary
1946
$
certificates
Gold
7
Sept. 11,
1947
Assets-
TARIFF ACT OF 1930
BANK TO TREASURY UNDER
Ij
Decrease (- -) Since
Sept. 3,
1947
FEDERAL RESERVE
:.
■
Sept. 10,
SEPTEMBER 5, 1947 TO SEPTEMBER 11,
Country and
of dollars)
We
record for the week just passed:
-V';:.
>
(In thousands
Bank certifies
the buying rate for cable transfers in the different countries of the world,
Pursuant to the requirements of
■!»
■
490
+
3j387
76
+
1,410
46
(1086)
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, September
15, ig47
OVER-THE-COUNTER MARKETS
Quotations
for
Friday,
September
12
Investing Companies
Mututal
Funds—
Par
Bid
Aeronautical Securities———1
Affiliated
Fund
Inc
Ask
5.06
*1%
Keystone Custodian Funds
Bid
Holding
American
Corp*.
Business
Associated
*—10
29'/a
Shares——1\
Standard
Oil
3.89
Axe-Houghton Fund Inc——*—.
Axe-Houghton
Beneficial
Fund
7.36
5Vis
Blair
& Co
1
Bond Inv Tr of American——
Boston Fund
19.73
21.33
18.57
Ltd—.—1
3.90
Common
—10c
Mass Investors
Trust—,
1
Mass Investors 2d Fund
1
Mutual Invest Fund Inc
10
Fund
Securities
100
-
Eaton
1
5.67
6.16
1
14.72
15.92
1.43
1.58
First
23.53
Investors
Inc
Stock
2.03
5.80
13.21
14.48
6.53
41.3,7
44.48
5.39
5.78
IIIi
6.82
—
Building shares--,
Chemical shares——.
Equipment————
8.04
8.72
6.38
6.92
**,—
Electrical
9.72
shares**-.
7.27
-
shares--——
Industrial Machinery
8.37
7.50
stock-.
Oils
10.00
7.05
7.65
Public
6.72
Railroad
7.78
Pacific Coast
Tobacco
Petroleum &
4.57
Putnam
Republic
Invest
Russell Berg
4:17
4.53
Scudder, Stevens
5.11
5.55
—1
Fund
Common
Inc
62C
Inc
—10c
1.65
21.66
23.42
Investors—
8.45
Bank
Group shares
Insurance Group shares.*—*..
26.33
—***-*•'
Shares—
13.03
14.28
C
.i—
Series
13.64
Wellington Fund—**
Whitehall Fund Inc
World Investment Trust
47.50
29.30
16.51
26.78
*
Diversified
18.11
25.36
—*
19.46
22.89
25'A
27.84
42%
Par
Bank
of
the
Manhattan
Co—10
Bank of
New York_„
Bankers Trust.
100
.—10
Brooklyn Trust*-
Chemical Bank.& Trust
Commercial National Bank &
Trust
Co
Corn
Exchange Bank
Federation
First
Bank
National
&
100
34%
Trust
36%
42%
44%
41
43
16
17
53%
55%
74
,,
78
»
86
27%
24%
10
Fire
10
*
95
Hartford Steamboiler
inspect-10
17
20
x37
39
Bank———1001,370
9.51
American
Airlinel
Arkansas
Pow
17.42
19.01
1
15.32
16.47
l
7.39
8.10
—
Trustee
North
Amer
Series
,
&
3s_*
Lt
^1966
2%s„*1977
Iowa-Illinois
Electric
6.63
7.60
2.28
2.58
_1
3.32
——1
—
&
Lt
l%s May 1,
l%s Jan. 1,
2%s Feb. 1,
1952-1950
100.8
Ask
2.73
Grace
12%
Trust
S
Guarantee**
v
Bid
Ask
165
100
190
—
180
210
276
Figures
nOct. 1,
National City Bank*
12%
41%
New
York Trust—
25
Public Nat'l Bank &
Trust-17%
Sterling National
25
Title Guarantee & Trust
12
United
States
95
' 39%
Trust-*—
100
v
68
9'A
610
Federal Land Bank Loans—
1%%
1%S Apr. 15, 1948
W i—1 %S Sept.
Maturity—
Indebtedness—
t%s Oct. 1,
1947—
IK ?!?•!• K2——
Dec. 1, 1947
point
Bid
72.%
35
~
1948-
.
99.31
98%
102
Si.90
-
10iya
$2
101%
102%
1st
Toledo
99%
Utah Power
100%
.*100
104
105
.*100
98
99
.100
102
103
101 %
102%,
*
Fublic Service
pfd—
-50
(Indiana^—
preferred—
3.50
52%
.100
100
103
104
98%
101%
100
1977
102%
lOOVa
White
Auto
103%
Light 2%s__1976
Container "A"„—1i
Tucker Corp "A"*
;
1
Victor Chemical
3%% pfd—*100
**
94%
"'6%
6
43/s
100
Stores
.
53%
92%
Seaboard
100%
&
105%
Elec-
preferred—
Pitney Bowes 4'A%
2%s*_I960
Co Y'/eSi-
3.70%
101
99
54%
104
Pennsylvania Electric—
101 %
Brook*.27/bS__1976
Edison
&
preferred—;
100
1977
Tenn Gas &
Trans®,
3.90%
Gas
100%
(Colo)—
mtge—
Scranton-Spg
102
England
103%
101%
-
54%
10%
52%
.*100
Mew
101%
9%'
'
4%% preferred
Ohio Public Service—
100% *
98%
;**_.
preferred
104
101
>
Ask
x97 "
52%
102%
100
Co
preferred
4.40%?
'V!
Bid
,
preferred**,
Monongahela Power—
,
s
Par
5
101%
*
6%
101 Va
;
i
T-.
1,575
52
51%
252
.
43%
98
United States
41%
72
10 %
Treasury Bills
Bate* quoted are far discount
640
18,
25,
Bid
1947.
1947.
2,
9,
purchas*
Bid
b0.375
1947
0.33%
b0.375
1947
16,
at
Ask
November
0.33%
6,
November
13,
20,
b0.375
0.34%;
b0.76
0.70 %
b0.76
1947—
0.70%
bO.77
,
b0.77
November
1947
bO.78
1947—*.
b0.78
1947—*.
bO.78
b0.79 "
0.71%
0.73%
0.74%
b0.80
0.75%
b0.80
November 28, 1947—.
December 4, 1947
December .11, 1947
0.71%
*
Ask
0.73%
0.73%
0.75%
Ask
100.3
100.2
.
Other
represent
Ask
0.98
0.95%
0.95%
Dollar Price 100 Plus
of
—
69%
•
Birmingham Elec $4.20 pfd. .*100
,Clopay Corp
1
Connecticut Light & Power-
100%
103
October
'100
—
15,
100.14
0.98
*
Certificates
51
32%'
2.50
*:
Stocks—
99%
100%
***1977
October 23, 1947
October 30, 1947
Bid
Ask
97%
Treasury bills—
103.14
decimal
Int. Rate
1948
45%
.
;
after
*
:■
43 %
48
10
Fire
Issues
^
3s—1961
125%
126%
a
1
Bid
>0140
Ask
0206
ol"
.0188
.0316
one
or
more
Maturity-—
32ds
of
a
(not included in
year's range). bBid
yield price, d Deferred
Included in year's
delivery sales (not
range), e Ex-interest. fFlat
price, k Removed to Stock
(not included in
Exchange. rCash sales
year's range) r t
Ex-stock dividend.
(Un) Unlisted issue.
w i When issued,
wdWhen delivered,
x
y
Ex-rights.
'
1
'
"
■
;
C
•No
dividend.
point
Dollar Price 100 Plus
Certificates of Indebtedness—*%S Jan. 1, 1948
}%s Feb. 1, 1948-*-*
.
Odd lot sale
-
-
31%
580
16
Quotations For U. S. Treasury Notes
1948
29 V*
Security Issues
85
•
Ex-dividend,
Maturity—
•
48%
26'A
107%
565
_4
*
69
46%,,.
103
10
—
28y?.
19%
,
24%
Fidelity & Guaranty Co__2
U
99%
Portland Gas & Coke
3j/bS—1976
—100
National—
Panama Canal
tSept. 15,
r
-
5%
' 66
—10
Fire—.*
Wfestchefeter
1976
Public Service
Guaranty Trust—_!
100
267
Irving Trust
10
15
Kings County Trust—
_100 1,525
Lawyers Trust-'———
25
49
Manufacturers Trust Co——_20
49 %
Morgan (J P) & Co Inc—___ 100 > 246
99.24
100.10
103.10
**
17%
.**——*100
99%
101
%s-**1977
Pennsylvania Electric 2%s__1976
Philadelphia El Pwr 2%s—1975
Par
Fulton
100.12
99.20
1953-19511955-1953
.4%
26Va
10
Accident**
36 %
99%
3>As—1972
Gas*.&
2%s—«
Illinois Power Co 2%
Iowa Public ServiCB
27/8S
1,430
Bid
1950-1048-u—
S
S
79
10
Fire
Surety
Standard
U
2%s**_1976
Kentucky Utilities 3®———1977
Laclede Gas Light
3%s_
1965
New York
Telephone 2%s_*1982
Shares—
Obligations Of Government Agencies
1,
—2
—
(Paul)
Travelers
U
83
Cudahy Packing 2%s
*1967
El Paso Electric 2%s—1976
October
Land Bank Bonds—
%
Bid
,
Florida Power
:
Series 1956
•
.
September
Oct.
Revere
26'A
33%'
Firestone Tire & Rub 25/bS__ 1972
Shares—
Trust
1955
*%
Bonds—
October
1%S
( N Y)
(Texas)—
SI Paul Fire & Marine
29'%'
Recent
6.68
7.95
September
Federal
33
....
21.69
—I
—
m
9.32
—
10
—10
*
31
84c
.*_*,
<
——50
Fiduciary Trust
105
10
& Trust_20
Empire Trust
42%
100
.,07
2o
lo
Continental Bank & Trust
358
40%
100
*
Central Hanover Bank &
Trust 20
Chase National Bank—
_15
275/a
1
8%
82
American——*_—*__5
7.27
l
Ask
257/s
343
5
*10
22
—15
20.06
City Banks & Trust Cos.
Bid
45%
52
-
4
Seaboard
7%
107
—
5
Security New Haven
10
Springfield Fire & Marine***,25
18
'
49
75
17
\
103
_10
*
Ohio Public Service
-2%S—_*1976
Pacific Pwr & Lights
New York
.-25
—
27 %
15
com***15
preferred—
19.85
E—,
——__2.50
Independence Trust Shares
*
9.83
17.73
20.85
Fire*********-*,
7%
77
_
22.73
6.11
*
Series
8.95
...
73%
50.50
75C
Unit Type Trusts—
27.97
Rutgers Fire
6%
12.50
13%
Republic—**1——5
&
91%
"
12%
24%
*******—*_*—*5
Reinsurance Corp
20%
50
-
11
Indemnity Co*—*—10™
Republic
19
—*_*5
47%
79c
18.35
Investing Corp
28.82
24.46
*
K-l—„
Series K-2—*
Series S-l
72c
22.04
*__
13.33
—*
48
87%
21%
22%
;_2.50
—
-
30
19%
*5
—
5%
30
-
>•
6.88
26.51
**
*—**_,
Great
150
45
28
ProvidencerWashington
51%
12%
Marine**i„10
Hanover
'
11.77
6.29
Keystone Custodian FundsSeries B-2—
50.02
Union Common Stock Fund
B*_*
Union Preferred Stock
Fund
Wall Street
99c
Globe &
2nd
'
5
;
27%
2
10
*
29 "
47
4%
Preferred Accident—
71
145
'
.*—5
*
Pacific
29%
48%
20
27
27%
6%
,
44
2
Pacific
68
.—10
&
47%
31
5%
*—.—lo
R,iver—*
Northern
83%
25%
-
(Detroit)**10
77
28
—10
Newark*
Fire
v
21%
80
*5
*
'52
20%"
Y—*_4
"
1
11%
50
Hampshire Fire——10
Northeastern
27%
Falls Fire—
Hartford
10.88
Series
86c
90c
Bond Group shares
Investment Co of America.
10
Invest Management Fund Inc—1
Series B-4_
28.31
16.15
2%
9.26
78c
and
—
3.34
,
Gibraltar
Glens
New
17
15
N
Brunswick
Thoenix
*
of
Casualty
22%
74
Fire
New York Fire
45%
Fire———
—*5
General Reinsurance
Corp—„ 10
Globe
3.04
Union Bond Fund series
ASeries B
*
Institutional Securities Ltd-—'
Group shares—
i
1
-
Sovereign
1.69
5
*
11.34
15.02
10
*
Franklin
•'
Clark
new
Amer
1
20
Fund Inc
&
7.80
Investors—
1
Standard Utilities—
—10c
State Street Investment
Corp.
Trusteed Industry Shares—
._25c
70c
■»
21
Assur—
Mfrs
Casualty^
New
61
Assn of Phila*—
10 ;
Fireman's Fd of San
Fran_i„10
5.58
8.37
10.35
York
37
10%
10
'**5
12%
National Fire—
National Liberty—
North
:
Firemen's
7.12
_:1
„
Fund
5.22
Fund
57
,—5
87
34
—20
26
common—1
National Union Fire
New Amsterdam
74
Fire
<
7.64
—
4.80
Selected
Holding Corp
Income Foundation
Series B-3
6.61
-
Trading*
(Geo) Fund
—
Series B-l
11.61
6.03
'
'
...
5%
71
Fidelity & Deposit of Md__
8.31
5.09
2.74
4.52
47%
Fire
<Xc
National'
35
18%
—10
Fire
New
Federal
14.58
Steel 1*
4.16
10.92
10.59
Railroad equipment
5.77
4.20
shares
32
".
**23
'Employees Group*.
Employers Reinsurance
10.92
13.30
*
8.44
—
Stook
9.91
—
Equipment shares——
stock shares—•—
Steel shares.—,
»—I
Tobacco shares—*—
Utility shares.
;
Aviation
8.77
9.04
Invest Fund
7.50
RR
Incorporated
11.98
12.44
8.00
—
5.13
Railroad
Huron
10.93
11.35
*
27'A
57%
City
9.96
Utility—
25%
Connecticut General Life—'**10
Continental Casualty*
.—**5
Crum & Forster Inc—
10
of
Merch
2%
Boston
Camden
Casualty
Merchant
12%
16%
11.62
9.96
6.91
,—
9.49
N Y—
Ask
%
84%
19 %
55%
11.72
—**
2.51
shares
Baltimore American
Eankers & Shippers*
8.20
17%
24
America***10
Massachusetts Bonding
18
—10
10.69
7.58
6.19
shares*——
Mining shares
;
6.96
North
Frior preferred
<
Convertible
preferred
15%
10%
lo
10.95
—
9.53
—
10.40
21
**25
—
11.07
Metals
:—
Bond
60
Bid
—5of
Jersey Insurance of
34%
11%
io%
10
Reserve*—;
10.69
„*
Merchandise
Railroad
7.89
6.91
shares
shares
Petroleum
26
58%
69
19
2%
Re-Insurance—
American Surety
Automobile —i
15.84
9.75
Machinery
Merchandising
7.72
Institutional bond sharesi
•American
Newark
10.10
Insurance
5.83
of
41%
32
4
*
Diversified preferred stock
Diversified
Industry
Electrical equipment
10.53
5.37
—
Administered
Price
24%
—100
—
Co
Maryland
10
,
American
3.61
7.48
,_*—***,*,
Corporate bond series—
Diversified Investment Fund-
6.52
shares
4.03
8.66
Bank stock
5.49.
Low
•
Par
Insur
66
*28
*
Automobile
American
5.60
9.49
Aviation
7.40
6.01
:_
4.02
8.23
6.35
Chemical
shares—
7.29
14.77
—
5.05
Investing
1
Building supply
shares
bond
Ask
Pacific—
preferred—
Home
45%
39 %
Casualty——:
'—.5
American Equitable—
5
American Fidelity &
Casualty_5
3.26
Automobile
Corp—
American
—
American Alliance——
5.04
*_*
Agriculture
5.66
:**
Fully
&
j*:
Ask
78
43%
American
7.45
series*—
2
7.69
6.73
3.56
New England Fund
New York Stocks Inc—
36%
5.23
0
Agricultural shares
General
5%
75
—10
Agricultural
4.91
3.63
Speculative series
25.33
1.86
shares A—2
General Investors Trust
Food
Common"*
80
Bid
—10
:*_:——lo
Life
6.63
„
'
33%
Aetna
10.50
Surety
Insurance—
4.44
priced stock common
Preferred stock series
*
14.83
9.71
Selected group series
5
Automobile
78%
Par
Aetna Casual &
7.01
15.90
Group Securities—
Aviation
15.07
6.02
25.98
—10
Capital
13.79
series
14.88
Trust Fund-
Fundamental
General
Bond
11.92
Income series
Industrial stock series
Low priced bond series
24.30
—.
Fundamental Trust
1
103
Insurance Companies
8.32
27.04
11.03
,*
Inc*
Fund,
Corp
Mutual
7.59
25.01
Low
Industrial
Boston
2019
'
1
1
Fidelity Fund Inc
Financial
Chicago Rock Island
101 %
4.17
13.81
1
Fund
Stock Fund
First
152
Howard—
Balanced
Bid
*
4.77
Aetna
National Investors
Corp
National Security Series—
3,050
-25c
Shares
&
14.67
148
*1
Nation-Wide Securities—
Balanced shares
30.05
com—-100 2,950
Commonwealth Invest—
Delaware Fund
Dividend
5.00
—27.95
.—1
13.56
Fund—
——*
4%s—:
issued)
Stocks-
Manhattan Bond Fund Inc—
18.36
16.94
income
if
4.83
4.33
16.98
1994
—
and
48.53
4.38
—
1st 4s*
Conv
as
Ask
r
.
47.56
3.78
shares
Petroleum shares
—-1
Century Shares Trust
Preferred
Paper
Inc——
*
Christiana
4%
Chicago Rock Island & Pacific—'
5.69
100.21
shares
101.58
Co
Chemical
Automobile
97.52
Broad Street Invest
Inv
4.66
5.12
—5
Inc—
Bullock Fund Ltd
Canadian
6%;
3*/8
12.47
4.21
.—
Loomis Sayles Mutual Fund—
Loomis Sayles Second Fund—*10
Managed Funds-
16.74
—1
„*,
Knickerbocker Fund
7.96
15.40
B————
Corp
9Va
Bid
15.12
11.35
*
Series S-4—1
4.27
8%
shares.,
Series S-3_
31 %"
(When,
Bonds—
13.76
_—
Amerex
Ask
(Cont)-
Series S-2
4.62
4.23
Reorganization Rails
Par
5.56
Bid
Ask
.0147
.0236
.0077
.0191
*%s Mar. 1, 1948
.0095
t%S Apr. 1, 1948—
.0116
J%s June 1, 1948
.0019
t%S July 1, 1948 Series F„_
99.9948
t%s July 1, 1948 Series G„_
99.9953
t%s July 1, 1948 Series H
99.9958
.0233
.0280
.0232
.0184
.0189
.0185
par
value,
tin
default.
IThese
bonds
are
subject
to
all
Federal taxei.
-
fEx-liquidaftng
'
THE
clearings this week show a decrease compared
Bank
Preliminary figures compiled by
ago.
th a year
us,
telegraphic advices from the chief cities nf
sed upon
that for the week ended Saturday,
country, indicate
e
COURSE
clearings from all cities of the United States
pt. 13,
which it is possible to obtain weekly clearings will
below those for the corresponding week last
1.5%
Our preliminary totals stand at $12,396,792,296
ainst
$12,583,285,110 for the same week in 1946.
is
center there
is
At
loss for the week ended Friday
a
Our comparative summary for the week fol-
5.8%.
ws:
;
Complete and exact details for
CLEARINGS—RETURNS
BY
the last day of the week in all
In the elaborate detailed
1946
$6,614,368,247
—
590,697,492
532,578,005
——
742,000,060
644,000,000
388,234,690
407,816,166
260,568,816
197,888,820
icago—
iladelphia—
City.
msas
—.
a francisco
ttsburgh
-
264,648,000
.
—F
+ 10.9
:
+15.2
4.8
—
-
+ 31.7
3.6
+
266.839,000
■
0.8
—
251,050,961
dtlmore—
:
219,127,845
+ 14.6
226,169,750
eveland—
222,699,490
+
'•
.
present further below
cities, five days
153,034,508
125,325,181
$9,341,837,038
1.6
+ 22.1
1.2
$9,456,542,750
'
five days—c—
;her cities,
2,322,115,372
2,148,778,055
+
8.1
$11,663,952,410 $11,605,320,809
+
0.5
-
Total all cities, five days_
732,839,886
cities, one day
1
Total all cities for week—
980,964,301
$12,396,792,296 $12,586,285,11C
1.5
—
Our usual monthly detailed statement of transactions
the New York Stock Exchange is appended.
The
for
August
the
and
eight months of
1947
and
946 follow:
Month of August
| Description—
lock, numb(
| shares
20,807,082
$52,587,600
$72,441,200
——
760 in the
was
.
iR. & misc. bds._
it'i
Bank
or.
bds_
govt.
2,672,000
164,995,901
236,222,285
$605,770,700
$805,988,700
16,143,000
~
55,~791~500
bds._
5,216,300
5,290,200
47,722,000
14,000
278,800
2,779,500
17,716,500
$60,4>89,900
$78,010,200
$672,415,200
$879,496,700
bonds—
The volume of transactions in share properties on the
New York Stock Exchange for the eight months of 1944
ol947 is indicated in the following:
a
summary
Week Ended Sept. 6
Federal Reserve Districts
1st
New
3rd
—12 cities
York
—12
9th
course
of
2.1
+
5.8
4,894,262,313
509,669,632
4,102,577,203
527,348,188
742,167,330
340,338,002
302,627,611
+ 12.5
324.943,267
««
6
"
+ 18.3
—10
"
204,357,859
575,566,551
280,395,856
325,860.194
172,673,731
+ 15.8
380,656,611
125,338,569
525,970,226
+
9.4
428,683,858
370,009,570
10,476,829,760
+
5.7
8,588,467,774
7,606,278,841
+10,0
3,827,703,581
3,646,789,718
"
494,653,247
II
—
Francisco
TotaL
.112 cities
11,072,187,805
Outside N. Y. City.
5,280,316,567
its
decrease
a
of
of 16.0%.
record
6.7%
2d
New York
.14
Philadelphia
-16
"
of
0.8%.
27,305,956,114
3,381,241,813
17,811,394
17,100,772
8th
St.
32,612,585
9th
26,663,765
27,492,243
27.643,038
99,100,023
62,555,204
38,995,195
34,052.745
31,426,715
28,270,442
32,024,018
21,716,872
41,310,246
12th San
1947
83,553,396 101,604,706
20.595,100
19,977,030
21,714,249
AT
LEADING
$
;$.
CITIES
1947
•'
1946
S
1945
$'"'.
1944
$
$
1,340
14,900
13.958
12,955
12,076
2,609
27,974
26,224
23,035
21,613
6,416
1,557
2,658
s
734
751
8,158
7,146
17,897
Pittsburgh
1,060
1,1.81
1,023
1,089
8,808
8,441
San' Fran._
1,632
1,591
1,266
1,221
12,610
11,700
10,171
9,559
783
781
643
636
6,462
6,006
5,597
5,232
Baltimore
Cincinnati
.
8,988 :
649
Cleveland
606
486
444
5,375
4,591
4,229
967
881
9,922
8,256
7,254
9,551
3,968,139,131
1,247,143.288
+
5.7
+
8.8
"
2,488,977,046
2,171,826,680
+ 14.6
"
1,886,741,826
-,1,631,564:357
+ 15.6
-19
•«
3,062,889,763
2,877,149,659
56,071,247,297
56,540,596,372
Y.
29,692,341,068
28,155,311,019
City.
+
994,786,003
1,208
1,135
946
7,996
7,785
977
675
633
7,547
6,436
5,065
2d
New
—
452
356
356
3,693
3,520
3,034
York
+
6,5
2,350,245,829
2,266,199,837
46,724,282,971
44,225,312,337
5.5
22,498,435,466
22,140,948,880
Richmond
7 th
243,226,945,532
Detroit —'•<
1,479
1,351
1,286
1,672
11,403
9,757
11,938
404
388
318
302
3,511
3,009
2,674
2,467
486
415
334
3,030
2,578
•
14,033,068,340
—
3.3
223,917,685,867
192,812,502,591
22,614,337,585
"
29,398,982,356
27,442,169,100
+
7.1
24,059,626,548
"
26,439,853,260
23,300,851.035
+13.5
"
11,910,328,687
17,622,052,810
+10.0
16
+
31
"
13,099,408,764
19,787,152,735
42,693,462,017
22,947,946,960
10,523,403,468
15,073,428,223
21,937,841,378
"
36,854,660,930
+15.8
34,776,896,945
14,370,362,873
12,356,462,193
-
St. Louis
9th
7
«
"
11,307,496,898
9,542,842,348
+18,5
"
18,867,637,173
15,630,444,788
+20.7
13,369,294.879
+ 16.3
.11
"
14,426,272,840
12,061,959,388
+19.6
9,654,587,478
19
"
23,575,292,784
21,092,587,482
+11.8
18,889,901,304
10,172,867,876
7,132,166,050
12,437,018,041
8,718,681,181
17,763,522,318
474,915,798,288
455,935,291,640
+
4.2
406,977,986,569
366,039,290,148
239,749,543,268
„
12th Ban Francisco
211,214,522,991
+ 13.5
189,655,797,854
179,395,074,840
-184 Cities
Total.
The
City-
following compilation covers the clearings by months since Jan. 1,
MONTHLY
1947 and 1946.
Clearings Outside New York
2,497
90
71
63
830
748
641
587
149
149
1,752
1,528
1,287
274
2,635
2,173
2,266
2,278
318
;
3,768
296
263
297
212
202
2,488
2,074
1,684
261
239
3,077
2,689
2,082
1,924
195
181
131
Inc.
or
49,800,343,979
+
8.9
27,176,824,239
23,154,014,919
+ 17.4
+
9.2
31,210,513,455
26,591,372,184
+ 17.4
382
330
257
164
Total 1st Quarter.
167,718,834,577
+
7.3
+
4.2
31,303,485,434
26,715,645,414
Dec. %
+ 17.2
1,589
1,322
1,097
1,014
May-
3,696
3,244
2,808
2,556
June—
s
2,077
1,557
56,671,442,306
60,932,061,053
2,545
164
89,606,823,128
76,461,032,517
+ 17.3
29,753,082,335
25,779,113.067
+ 15.4
30,015,420,225
26,297,777,710
+ 14.1
29,808,360,120
26,507,504,386
+ 12.5
\
56,858.841,344
56,313,780,526
57,831.649,500
58,201,284,059
+
1,436
121
495
273
+
+
I
Seattle
Salt Lake C
426
417
400
3,344
3,024
3,262
3,057
170
117
112
1,510
1,231
984
86
66
68
794
692
572
48,831
Other cities
all—
•
78,684,395,163
+
14.0
169,844,064,176
+
4.2
89,577,762,686
356,929,338,012
337,562,808,753
+
5.7
179.274,585,814
61,915,214,979
56,071,247,297
61,831,796,515
56,540,596,372
+
0.1
30,782,616,386
28,013,784,302
+
9.9
0.8
29,692,341,068
28,156,311.019
+
5.5
474,915,798,288
455,935,291,640
+
4.2
239,749,543,268
211,214,522,991
943
94
"Po- 27 cits.
395
197
-
Hartford
49,896 41,772 39,467
7,240
&6.071
6,644
now
4,758 T58,335
4,952
558
176,964,094,612
Total 2nd Quarter
Total 6 months
416,580^ 406,218 365,178 327,728
49,717 * 41,799
38,311
July
—
August
56,540 46,724 44,225 474,915
°Ut. N.Y.C.
29,692 28,155
455,938
22,498"22,140 239,749~211,214
add our detailed statement
—
189,655 179,395
Total 8 Months.
——.
showing the figures for each city for the month of August and
-Month of August1946
Inc. or
1947
$
Dec. %
g
federal Reserve District—Boston—
■«.—Banomr
Bangor
JPortland
Masg—Boston^-fall River—
7,006,241
135,948,530
+
2.8
4,239,400
+
6.7
348,996,554
2.1
+
+ 16.8
2,891,627
8,184,319
—
1.9
+
20.7
24,469,905
1.2
1,516,837
0.8
12.8
5.823,723
1,529,160
5,322,904
—
+
+
9.4
1,171.676
3,836,755
+ 10.8
3,748,086
3,480,330
+
7.4
2,752.230
162,106,894
146.262,954
18.032,9.39.
19,226,222
+
3.9
+
8.9
794,094.344
692,155,288
+ 14.7
1.1
315,986,568
292,363,041
+
—
9,144,400
3.2
84.224,500
77,094,900
90,510,900
+
6.4
830.516,000
748,496,200
4,875,964
~549,808,
56_1~942
9,9
+
—
17,580,072
4,577,463
+
6.5
43.488,005
36,103,520
1,970,364,902
~375~312
57,940,171
86,710,719
2,284,922,303
~+~l2.2
"343,460
"
201,865,206
8,853,400
;
2,966,539
251,141,798
0.3
2,924,016
249,584,806
957,101
58,614,361
•
u-—Manchester
5.9
227,669,623
96,283,000
J L—Providence""
9.2
8.0
+
36,422,463
'
785,337
—15.1
36.028,806
18,262,002
"™„
1,044,879
—
1,314,747
1,311,296
+ 13.2
+
94,445,744
;
.Waterbury_^
(H cities)
24,057,908
49,339,700
25,186,813
21,882,419
,
+ 16.0
17,722,931.056
8.1
+
11.9
'
16,493-,302,455-
+ 20.5
X+v 7.5—~ "
868,376
1,072.730
3,563.922
2.262,457
6.2
12.777,519
14.1
5,353,060
11,168,093
5,198,094
17,33o"300
—"o_5
17,918.200
11,762*200
1,307,634
—-25.0
677,838
584,959
299,351.540
291,749,817
+
:i
9.2
+
J
—
7,854,099
8,964,344,
I
f
7.6
+
329,453,837
6.411,593
1944
+
3,883,964
13,958,948,209
2,837,583
Worcester
Ph.—Hartford
New Haven
139,744,388
14,900,927,690
55,862,604
30,389,286
3,117,036
26,422,951
1,737,593
+ 11.1
1.1
6,952,202
""
49,718,504
+ 13.5
+
1,61.5,470
7.3
$
Dec, %
-$
$
1945
Inc. or
1946
1947
Inc. or
Dec. %
+18.2
6.543,178
Springfield
1946
$
+
18,378,006
1,653,035,460
3,640.204
«olyoke__
Lowell
New Bedford
55,248,885
-
—
6,930,939
17,043,298
1,955,727,730
;
<
+ 15.6
the week ended Sept. 6 for four years:
Jan. 1 to Aug. 31
—
1947
at—
155,045,427,670
406,977 366,039
$
Total
■
179,964,341,400
Anrll,
451
jClearinjg
*
57,592,838,206
.
1,616
380
Indianapolis
We
1946
$
60,328,652,392
.
1,239
»
323
„
Deo. %
$
62,831,178,535
54,218,083,234
62,915,079,631
March—
200
320
:
1947
Inc. or
$
397
—
CLEARINGS
1946
1947
Months—
JanuaryFebruary.
Richmond
Memphis
Potal
.
96
—
|>t. Paul-
9,635,620,017
14,004,767,826
35,196,765,091
10,746,637,688
7,559,860,704
15
..
City.
Y.
2.3
16
Minneapolis
208
Omaha
Providence..*
Milwaukee.
Buffalo
Denver
.*
15,038,648,359
8
—
12,904
'
1944
S
7.5
—17
_
—
8th
Outside N.
years:
Eight Months
1945
+
251,627,630.424
Chicago
11th Dallas
or
pec. %
16,403,302,455
16
Atlanta
10th Kansas
$
17,722,931,056
"
Philadelphia
Cleveland
Eight Months
Inc.
1946
,—14
3d
2,977
bouisville__
1,081,897.546
0.8
4,751
409
New Orln's
1,605,528,966
1,060,372,977
Eight Months
$
—14 cities
Boston
7,376
1,057
*
Minneapolis
952,442,431
1,749,312,460
i
,,
Federal Reserve Districts
1st
6,658
934
7,1
3,811
1,150
1,268,325,885
1,856,706,405
+
1,423,079,592
1947
8,913
1,326
Kansas Cy.
2,683,903.881
1.8
—
1,582,365,211
Eight Months
6,177
1,655
3,353
919
—
16,865
20,626
2,092
1.1
—
append another table showing clearings by Fed eral Reserve Districts in the eight months for four
6th
AUGUST
23,472
2,048
974
N.
5th
-r-—■—Jan. l.to Aug. 31
.
1944
S
IN
t
0.8
+
1,611,604,044
1,548,206,616
.184 cities
4th
is shown below.
years
3,229,977,907
-11
Francisco
We
20,752,920
York_"26,378 28,385 24,225 22,084 235,166 244,720 217,322 186,644
St, Louis.
2,784,551.598
"
28,219,705
20,807,082
clearings at leading cities for the
and the eight months ended with
"
2,710
3.9
"
68,787,721
1940
$
—
-15
Total
131,342,925
19<*0
iClilcago" „" 2,845
"
[Boston
1,355
Philadelphia 3,206
24,962.916,767
1,567,011,565
22,820,932,937
2,732,455,581
2,699,693,755
1,188,860,829
1,719,719,375
4,377,914,293
1,212,595,222
♦
17,228,380
37,712,751
Month of August
omitted)
6.7
7
13,846,590
30,409,809
1944
—
5,284,122,701
1,673.020,921
-
__
1945
»
-16
Louis—,
Minneapolis
Kansas City
10th
or
1,797,878,747
4,932,280,335
51,510,197
but the Richmond Reserve
1.8% and the Atlanta Reserve
+16.0
3,519,250,765
No. Shares
'»
1.1%,
The
Inc.
"
8
257,045,275
120,484.357
Dec. %
1,970,364,902
29,262,981,247
-31
17
488,056,001
228,917,198
180,974,075
improvement of 14.6%, in the Dallas Re¬
an
Chicago
No. Shares
of bank
(000,000
of
loss of
a
$
2,284,922,303
"
3d
gain
a
465,248,280
232,038,811
289,327,125
+ 16.8
1946
$
.14 cities
336,272,556
District of 6.5%?.
1947
Boston
237,596,312
339,241,859
512,203,040
240,007,922
District of 15.6%? and in the San Francisco Reserve
serve
The Cleveland Reserve District has to
Month of August—
260,941,137
9.2
+ 16.1
totals show
in¬
an
457,401,968
4.1
+
Chicago Reserve District has
managed to enlarge its totals by 7.1%, the St. Louis Re¬
serve District by 5.7%? and the
Minneapolis Reserve Dis¬
trict by 8.8%.
In the Kansas City Reserve District the
having been $56,071,247,297,
$56,540,596,372. In the New York
Reserve District the totals
credit
District
Philadelphia Reserve District of 3.9%, but
in the Boston
6.8
+
District suffers
%, the
Reserve District the totals register
+
4,798,483.100
We also furnish today a
summary of the clearings for
the month of August.
For that month there was a de¬
crease for the entire
body of clearing houses of 0.8
1st
S
+
"
610,702,516
336,899,288
Minneapolis
crease
1944
$
"
682.339.475
"
"
—
the
1945
—10
.
10th Kansas City
11th Dallas
In
or
291,749,817
7th
No. Shares
CLEARINGS
Francisco Reserve
299,351,540
2,328,151,673
1
BANK
San
5.2
v.,
August in each of the four
Min¬
+
>
25,472,787
August
the
16.8%, in the Dallas Re¬
the
Dec. %
1,582,033.966
194,820,103 200,704,729
„
and in
and
In the Kansas City
4
"
7
—10
Louis
12th San
5,966,401,362
6
—
Chicago
St.
Inc.
t
3,264,515,089
14,153,458
—,
12.5%
392,876,491
2,308.619,139
58,718,076
—_
of
5,844,295,747
644,683,632
571,579,426
323,617,488
452,824,724
639,424,634
—
6th Atlanta
7th
1946
*
"
125,369,656
Months
District
CLEARINGS
t
413,162,297
"
„11
_
5th Richmond
Outside
(2nd Quarter
are
—17
Philadelphia
4th Cleveland
BANK
t
Boston
2d
OF
1947
"■
17,482,740
lime
totals
District 9.4 %.
-16
20,619,550
month
District 18.3%
serve
Atlanta
1944
20,615,786
_
-—
the
by Federal Reserve Districts.
SUMMARY
11th Dallas
1st Quarter
New
bank clearings at this
increase of 2.0%.
We group
66,651,580 111,266,707
'.
Reserve
Reserve District the increase is
Outside of this city there
the
Cleveland
23.757.877
.
parch
The
Louis
Richmond
19,336,900
February
August
St.
6th
1945
23„556,803
isnuary
Ny
the
5th
1946
No. Shares
Six
an
District
neapolis Reserve District of 15.9%,
4th
1947
fay
10.0%,
Federal Reserve Districts
Mai
Kpril
of
In the following we furnish
and
govt. bds,_
S.
week in 1946.
same
increase
an
In the Cleveland Reserve
larger by 6.8%, in the Richmond Reserve District
by
4.1% and in the Atlanta Reserve District
by 9.2%.
The
Chicago Reserve District has to its credit a gain of
16.1%,
For that week there was an increase of
aggregate of clearings for the whole country
having amounted to $11,072,187,805, against $10,476,829,-
and the 1946 aggregate
1946
'
*
Bonds—
1947
'
14,153,458
5.8%.
able to
are
1947 aggregate of clearings
—Eight Months—
1946
1947
r of
we
give the final
complete results for the week previous—the week
and
—25.3
n
esults
has to be estimated.
ended Sept. 6.
5.7 %, the
8th
Ten
according to the Federal Reserve Districts in
which they are located and from this it
appears that in
the New York District
(including this city) the totals
show an improvement of
2.1%, in the Boston Reserve Dis¬
trict of 5.2% and in the
Philadelphia Reserve District of
Accordingly, in the above
cases
5.3
—
225,900,000
234,100,000
.Louis
the cities
by
Cent
$6,231,332,812
York
covered
statement, however, which
Per
w
week
TELEGRAPH
1947
13—
tVeek Ended Sept.
the
CLEARINGS
foregoing will appear in our issue of next week.
We cannot furnish them
today, in as much as the week
ends Saturday and the
Saturday figures are not avail¬
able at time of
going to press.
center having recorded
sr.
,
BANK
the
we
ar,
OF
17,~249~655:
980,583
413,162,297
''
»
-
392,876,491
+
5.2
-
'
,
48
(1088)
THE
COMMERCIAL & FINANCIAL CHRONICLE
1 '■«'
i
J
i.
-Month of August
f
Clearings at—
1947
W.
5
i
Binghamton
9,026,721
5,547,072
„
York
Conn.—Stamford
:
J.—Montclair
Federal
Reserve
„
„
7.1
235,166,255,020
580,642,978
+
8.6
+
+
243,226,945,532
1.9
29,262,981,247
6.7
—
—20.9
+ 15.9
3.9
5,791,871,238
5,678,346,660
15,426,388
8,772,006
16,878,790
8,634,608
561,584
9,487~472
+ 19.8
251,627,630,424
4.9
+
+ 13.3
2,701,009
51,362,790
1,199,248
—
326,563,967
22,180,313
1,149,454,162
1,515,530,735
7.7
—15.5
1,220,879
1,552,566
308,135,812
72,348,310
365,223,392
22,388,970
1,313,043,339
1,630,720,344
52,607,350
+ 14.3
2,645,855
10,467,047
+ 11.0
523,217,248
369,062,877
+ 21.3
244,720,768,649
0.2
35,758,790
4,542,401
17,936,520
11914707
_
5,137,845
3,206,000,000
Scranton
•
r
Wilkes-Barre—>
60,388,462
+ 19.3
+ 11.8
0.9
+
+ 14.2
7.6
+
45,639,501
3.3
—
1.8
+
1,490,965
4.1
+
2.0
+
8.6
—
9,375,252
6.4
—
9.0
—
482,432
30,542,575
+ 16.4
32,246,673
35,023,178
31,961,507
+ 11.5
5,966,401,362
5,844,295,747
+ 15.3
6.3
+
7.1
4,595,737
3,353,000,000-
11,180,769
5407 117
(16 cities)
—-
1.7
+
0.1
3,381,241,813
+ 10.3
1,344,710
5,159,732
26,804,701
28,399,000
31,629,778
+ 24.0
+
+ 26.0
140,835,796
5.6
+
+
5.6
+
2.1
+
86,940,896
—
+ 19.8
+ 11.7
32,960,693
6.7
+
81,163,790
+ 17.4
135,728,308
+ 10.5
66,895,402
+ 14.0
83,947,477
+ 60.9
8,985,035
716,104
1914
$
8,219,008
5,908,847
*•191,977
58,980,000
1,640,301
42,647,903
797,786
922,427
4,760,764,193
10,971,257
4,993,222
901,003
3,959,469i1123j
10,305,387
5,269,387
6,730,911
380,161
21,685,803
34,509,341
6,253,548
383,870
23,092,155
29,959,79g
4,894,262,313
861,378
844,230
713,821
2,5221689
655,000,000
2,372,281
3,724,134
2,048,230
2,413,815
619,000,000
6,495,287
5,073,969
5,520,569
4,621,904
+
9.8
682,339,475
644,683,632
+
5.8
+ 12.9
27,442,169,100
2,1121637
+ 20.6
29,398,982,356
3.9
1,181,048
1,05
+
491,000.000
2,024,021
513.000.0C
2,079,951
2,380,575
1,350,752
1,521,694
3,509,991
1,648,291
2,827,437
1,135,30
2,177,37
1,620,27
1,626, If
7.1
+ 10.7
+
1,729,474
7.1
+ 17.7
Federal Reserve District—Cleveland-
J
1945
+ 29.9
26,224,000,000
37,119,975
225,174,195
201,289 000
3.0
+ 11.4
3,519,250,765
1,111,578
939,242
11.9
39,762,971
249,267,013
227,335,522
4.8
+
+
749,674
1,410,106
3.5
26,975,713
'
9.107,121
27!617'828
J.—Trenton—
4.4
4.4
+
15,597,271
Hazleton
Del.—Wilmington—
+ 11.8
—
,
16,886,334
9,112 433
32,081,259
29,917,446
28,154,115
157,609,330
104,126,383
30,137,048
42,828,290
27,974,000,000
95,306,551
149,952,046
76,279,025
135,095,682
10,836,648
4.3
+
3,741,973
1,419,527
39,769,789
30,960,561,
35,715,497
+ 11.0
+
17,204,394
Du Bois
*
—14.3 '
12,433,679
11,675,540
16,600,078
York.
+ 14.1
4,373,865
4,146,952
4,009:036
Philadelphia
Reading—
Fourth
+ 20.4
6.0
18,703,315
Norristown
Total
50,276,687
+
3,724,358
Lebanon
$*■
60,534,793
8,844,858
2,137,560
59,509,824
+ 16.2
7,704,943
5,181,580
Harrisburg
i;
+ 16.2
41,964,680
1.5
+
4 604 187
Chester
§
Inc. or
Dec. %
District—Philadelphia—
Bethlehem.
_
+ 33.8
78,280,618
2,173,392,048
8.4
—
5,289,632
Pa.—Altoona
Lancaster
611,837,542
48,764,360
+
+
151,474,316
177,113,514
27,305,956,114
818,518,967
91,000,466
2,635,834,366
67,382,856
5,994,383
(14 cities)
0.4
39,932,688
180,450,257
Northern N. J._a.—
.
Dec. %
+ 16.5
28,385,285,353
158,941,218
Oranges
Total
,
67,540,041
42,321,801
8,366,345
40,863,117
2,850,043
Newark
si',,-
-Week Ended September 6-
Inc. or
$
+ 34.6
6,757,679
26,378,906',229
Rochester
Syracuse
Utica_
+
296.018,103
5,463,121
7,872,645
Elmira
if.
1946
S
73,127,676
12,152,646
320,735,119
,
Jamestown
Third
Dec. %
73,415,198
—
Buffalo
N.
Inc. or
$
Monday, September
15, 194,
-Jan. 1 to Aug. 31-
Federal Reserve District—New York—
Y.—Albany
New
1946
.
„
Second
$
.
4,307,179
2,880,578
4,061,100
509,669,632
527,348,188
,,
Ohio—Canton
ftfy-
31,657,722
—
Cincinnati
!
Columbus
Hamilton...
Lorain
Mansfield
_
Toledo..
I——III
Pa.—Beaver County
Greensburg
Pittsburgh
I;1'
I V
Erie
+
6.4
Fifth
W.
Federal
3,264,515,089
Va.—Huntington
10
(8 cities)
Federal
„
_
+
2.8
147,424,241
146,859,510
135,708,685
128,687,249
26,439,853,260
Fla.—Jacksonville
Tampa.
—1111
...
495,510,896
12,373,261
5.2
82, 203,940
+ 18.6
336 ,831,000
3,696 935,291
105, 724,183
197, 134,803
6,462 365,016
30, 790,088
2,187, 424,443
+
—
—
+
3,139,250
249,399,846
+
1,611,604,044
59,198,224
235,826,318
842,200,000
15,726,526
11,885,295
284,383,136
18,324,627
317,606,321
311,760,481
23,777,334
13,620,086
14,567,000
23,402,549
28,279,277
5,211,877
24,804,375
1,522,702
1,571,006
452,733,285
,
Jackson
Meridian..
IIH~"
—111—
.
Vicksburg
Da.—New Orleans
409,126,212
(16 cities)
2,308,619,139
Seventh Federal Reserve
8.9
1.6
—12.4
0.2
+ 29.0
3.0
1.8
—
+ 25.7
+
6
I™
III™'
.....
Lansing
Muskegon
4.3
+ 19.2
13,213,80
+ 13.1
2,194,087
3,201,390
2,191,927
3,268,421
214,186,096
W,45ll301
—
1.0
182,176,163
197,103,547
457,401,968
465,248,280
1,428,801
5,093,000
81,732,979
1,902,803
1,210,558
5,775,000
70,372,024
1,859,218
I33,42~2l669
125,824,887
+ 14.7
+ 17.2
+ 13.5
+ 12.3
+ 21.5
+ 13.9
95,890,716
+ 10.3
177,611,069
6,006,131,254
24,933,227
2,010,328,907
+ 11.0
+
7.6
+ 23.5
+
11,910,328,687
8.8
+ 10.0
11,857,447
14,801,000
5,586,430
2,328,151,673
+ 18.6
+ 11.9
—
—
8.4
+ 13.1
+ 12.0
+
0.4
+
7.9
+
1.9
+ 14.9
—
6.7
—
3.1
—
9.6
—
0.3
+ 26.2
610,702,516
571,579,426
+
6.8
2,253,064
9,349,000
92,987,193
2,865,405
159,8281312
69
^616~314
336,899,288
2,043,664
6,971,000
103,921,242
2,721,967
152,461,898
55,497,717
323,617,488
37,360,885
+
4.1
12,137,564
47,656,594
199,000,000
3,446,210
3,022,804
54,721,032
68,850,667
5,535,440
9,719,954
44,339,076
163,000,000
3,691,968
+ 24.9
+
7.5
+ 22.1
—
6.7
2,847,811
+
6.1
53,207,499
+
2.8
65,344,591
5,330,262
~+T4
+
3.8
7.3
32,554,625
260,941,137
237,596,312
+
4.9
+12.3
47,988,406
36 ,811,601
9,757 ,833,551
+ 16.9
35,508,261
+ 14.5
100 ,047,050
381,118
99,901,818
494,653,247
383,944
104,959,619
452,824,724
—
—
+
0.7
4.8
9.2
5,308,362
309,288,177
+ 18.9
4 974,701
259 ,931,362
46,828,030
195,002,218
78,116,436
48,100,287
+ 19.0
40 ,368,247
+ 16.0
„
26, 662,746
to 208,421
25,146,784
8,701,634
6,126,532
20 278,588
42 189,516
20,521,920
35,963,755
195 687,999
181,644,389
21 864,392
19,114,194
—
+
6.3
6.0
+ 17.3
+ 12.9
—
1.2
+
7.7
+
6 ,834,026
+
9.2
1 125,430
■
Rapids
6,258,419
1,069,598
+
5.2
3 215,339
2,832,070
12,505,400
94,385,091
43,932,442
1,463,591
14 ,234,702
Moines
107 ,015,133
,
-
Ames..
111111111"
52
644,946
1 821,530
6
+
4.1
+ 20.7
+ 13.5
+ 13.8
+13.4
+ 19.8
+ 24.5
—
4,543,990
+ 50.5
4 ,524.692
—III
"HI
IIZII
IIIIII
836,410
3,616,503
+ 25.1
2,845 531,173
2,710,336,906
10,374,204
36,955,599
i+10.7
19 046,007
16,023,724
+ 18.9
13
12,245,112
1,353,451
11
44 400,167
1
(31 cities)
—
486,688
652,474
555,968
5,284,122,701
.
4,932,280,335
+
5.0
+ 20.1
+ 11.5
+ 15.0
;+
7.1
65 ,071,698
41,,640,441
137,,048,328
+ 25.6
+ 20.0
+ 24.2
254,,835,261
1,322, 461,724
138, 618,792
+ 29.5
384 482,071
110 772,901
+ 15.4
1,752,602,941
•
30,240,432
54,131,185
9,870,255
25,028,387
119,073,892
912,123,851
444,504,568
14,079,750
42,076,454
37,050,775
1,528, 198,566
24 191,088
1,297,019
8,5~3~7l705
4,097,698
1.112,873
+ 16.6
714681676
+ 14.3
3,810,622
+
+ 26.2
+ 20.2
+ 10.5
+ 14.7
+ 25.0
47 ,813,318
41,677,745
46,576,771
3,988,013
4,425,582
212,434
75,334,391
73,685,177
339,241,859
336,272,556
569,650
546,388
292,762
4,609~324
4l389l417
2,3791798
2,511~505
37,209l000
4,192,013
10,977,637
3,904,591
25j77T00O
23,666,000
10,072,046
2,714,584
8,004,628
41,1361707
3,427,979
8,213,693
32,460,454
28,556,044
2,049,160
14,939,733
7,306,802
2,016,214
12,454,952
—
3,634,542
+ 20.8
33,605,000
38,214,345
+
7.6
+ 18.2
+ 15.6
95,,995,459
+ 24.0
716 ,560,191
+ 27.3
336, ,111,164
+ 32.2
12,,039,605
+ 16.9
35,,068,688
3,358,114
22,206,192
2,848,109
17,599,149
7,441,337
+ 20.0
29,,248,995
23,472,523,381
+ 26.7
20,626 ,861,574
96,325,845
340,831,509
157,553,504
110,944,288
12,353,575
+ 13.8
76,,982,122
274,,553,578
+ 25.1
118 ,687,772
+ 32.8
42,693,462,017
Ky.—Louisville
IIIII
.-II.IIIIII
974,821,929
8,907,840
919,656,473
1,379,164
...II
2,093,075
39,416,283
2,848,967
+ 24.1
86,,744,318
+ 27.9
10, 399,456
+ 18.8
36,854,660,930
+ 15.8
11,704,768
919,605
574,419,377
2,858,717
8,030,372
3,834,907
2,998,082
742,167,330
1,209,348
388,853,268
+ 14.0
+
4.1
257,690,344
3,511,801,555
+
6.2
2,545,370,416
10,841,119
60,545,652
404,738.607
273,652,627
1,627,604
8,489,502
1,176,126
7,893,150
5,290,150
1,673,020.921
1,582,365,211
+
+
6.0
4.9
+ 38.4
+ 49.2
i+
5.7
8,158,042,085
73,213,168
10,548,878
14,370,362,873
7,146,355,105
62,241,816
9,421,660
3,009,554,927
2,077,444,071
+ 14.2
+ 17.6
494,402,140
690,379
1,965,149
6,445,328
395,185,190
3,430,196
2,501,059
6,933,073
1,382,892
6,003,844
2,069,767
1,693,823
2,267,706
5112,203,040
488,056,001
145,200,000
136,600,000
61,454,101
32,163,556
59,198,051
32,196,147
639,424,634
1,540,405
+ 16.1
179,900,000
+14.6
+ 12.0
+ 16.7
+
22.5
8,353,697
+ 29.8
43,090,917
+ 40.5
12,356,462,193
206,100,000
+i6.3
80,4781391
52,110,717
1,648,894
340,338,002
5,975,854
969,472
Louis
Tout (7 cities)
I/7T5T537
40,558,095
5,302,176
+ 13.2
8,,353,907
21,,644,696
Eighth Federal Reserve
District—St. Louis—
Quincy
9,420,804
30,924,462
127,200,000
2,237,640
2,7861418
T5
+ 15.5
424,920,556
127,835,972
0.5
48,573,265
14,780,043
200,002,952
3,359,085
155,,283,406
+ 30.4
179,456,942
7.7
—
321,631,654
1,589,887,491
+ 14.4
52 305,184
Watertown..
Manitowoc
170,181,670
+ 17.3
208 270,253
4 ,054,913
Sheboygan
Tenn.—Memphis—
Id.-—Jacksonville
2,443,006
"*
8.3
+ 10.4
+
118,928,022
Oshkosh
Cape Girardeau
Independence
10,263,707
32,848,931
130,200,000
+ 26.9
11,403,921,564
+ 32.1
+
14 712,668
Sterling
+ 19.4
+
9.5
...
Springfield
17,622,052,810
+ 12.7
+ 14.7
+ 10.1
I]
Haute..
Rockford
"
9.2
4,757,336
Wis.—Madison
—
85,548,062
114,183,000
197,003,214
38,580,297
11,295,672
3,520,742,515
+
13,809,779
Bend
Peoria
+ 17.7
1,351,065,944
*
Indianapolis
Sioux City
+ 24.5
86,232,411
3,693,503,110
19,787,152,735
+ 13.9
2,350,432,293
161,239,061
2,395,795,767
175,662,108
107,915,166
123,149,000
249,977,150
41,785,616
12,468,101
1.6
+ 14.0
+ 11.8
100.916.020
209,716,867
—
+ 25.1
112.171.019
2,747,693,836
+ 18.7
+ 18.4
6,174,600,000
283,348
6, 919,624
III.—Aurora..
Bloomington
Chicago
450,984,684
1,646,666,687
6,904,400,000
127,715,701
125,625,400
101,528,342
2,566,700,035
181,784,384
15 210,525
.
,
533,973,355
2,059,216,672
3.6
1,479 910,094
—HI
—HI—HI
Bay City
Ind.—Ft. Wayne
Gary
<T
4,919,037
2,838,257
4,349,679
+ 10.7
40 665,044
Detroit
Grand Rapids..
Jackson.
Mo.—St.
3,384,388
+ 18.3
73,207,697
277,292,000
3,244,933,817
13,099,408,764
3,304,97
89,648,75
156,516,86
District—Chicago
Mich.—Ann Arbor..
Flint
14,090,974
J
,
...
Montgomery
Miss.—Hattiesburg.
Milwaukee
781,404,461
...—HI
Ala.—Birmingham
Decatur
9,901,836
36,429,000
19,771,429
HI.*
Mobile—
+ 24.7
23,300,851,035
14,399,915
15,932,683
13,313,631
285,638,976
..
Macon
Total
12, 833,880
811,800,000
1
Columbus..
Des
8,808,146,910
6.5
1.1
9.4
+
3,533,766
95,335,086
157,108,676
13,852,800
+ 15.2
+
+
6.2
+
+ 25.4
+ 11.9
3,229,977,907
+ 12.8
+ 14.9
+ 27.4
+ 17.9
14,864,675
—10.2
+ 24.5
4,390,066
119,503,792
205,180,331
18,865,500
+ 18.5
17,,711,796
16, 638,664
14, 297,126
4,952,364
126,929,655
235,688,176
20,642,800
33.6
400,104,203
1,181 507,960
23,445,494
70,202,648
~
Augusta
9.0
+
10,490,908
8,441,284,375
124,579,582
132,651,303
118,351,567
109,759,616
263,849,048
.
Iowa—Cedar
+
36,858,272
23,977,689
109,942,481
169,919,546
104,819,054
137,123,010
200,329,232
131,753,884
474,134,559
18,635,063
12,082,397
19.4
+ 17.7
Reserve District—Atlanta
CJa.—Atlanta
'
3.3
+ 18.5
1, 429,348
174 57ft
1,582,033,966
Nashville
Terre
6.5
+
783,128,469
4,049,170
256,924,536
Tenn.—Knoxville
8outh
+
2, 022,616
20,530,146
D. C.—Washington
Total
~
15, 767,981
43,191,000
451,616,911
_
^.—Baltimore
Frederick
Sixth
4.3
+ 26.4
+ 17.1
+
741,780,600
30,542,917
+ 15.3
+
54, 579,263
10,419,156
Columbia
Total
+ 13.8
15 ,034,682
23, 868,506
173,252,112
4,591,940,145
7,996,274,907
Reserve District—Richmond—
6. C.—Charleston
*
+ 15.8
3 ,729,818
13,186,524
17,805,672
___
+ 13.5
5 ,276,716
17,715,798
V*rf0rf0l,k
Richmond...
!*
99 ,550,500
19,813,958
(17 cities)
219,045,075
5,375,519,627
9,551,386,447
873,236,200
49,238,254
7.2
+
Oil City
Ky.—Lexington
W. Va.—Wheeling
Total
+ 32.0
606 ,083,211
1,135 ,671,772
17,332,060
24,896,576
16,791,956
59,093,522
2,396,444
1,557,410
1,060,661,452
—
Newark
,/
'
II
Youngstown
f
23 ,974,068
649,793,394
1,208,496,264
112,963,600
6,108,659
4,244,078
Cleveland
72,136,464
49,294,737
1,296,410
+27.2
302,627,611
+12.5
566,460
381,311,379
1,696,799
1,190,265
923,000
240,007,922
228,917,198
[Volume 166
Number 4629
^
—
THE
-Month of
(Hearings at—
1947
Ninth Federal Reserve
Winona
19«
Inc. or
$
1946
Dec. %
.
Inc.
•
194%
1945
or
Dec. %
•
$
-
24,233,163
+ 10.0
6.0
4,105,747
3,682.292
195,387,295
178,363,306
9.5
5,530,430
977,800,627
+
8.2
198,886,158
+ 18.2
176,540,914
129.970,106
6.0
6,436,180,955
30,999,919
235,119,474
+
7,547,818,610
33,734,898
+ 17.3
4,205,248
297,582,444
+
8.7
2,488,940,323
2,074,095,377
+ 20.0
67,735,965
61,226,435
+ 10.6
40,043,846
37,833,407
3,206.493
+
8.0
28,358,748
23,144.538
+ 22.5
968,483
902,870
+
7.3
7,083,738
5,957,129
+ 18.9
27,185,254
22,625,336
+ 20.2
190,862,073
148,584,295
5~4~5~9~996
4334322
"+763
3,452326
2,861302
3,748,000
3,599,000
+
4.1
26,775,000
23,888,000
+ 12.1
4,233,222
3,555,920
+ 19.0
29,972,801
23,273,667
+ 28.8
3,016,673
2,372,993
+ 27.1
1,774,396
1,499.390
-
Falls
D-~:F^rg?
f, D.—Aberdeen
Sioux Falls—
+
+ 28.5
13,817,727
11,488,448
+ 20.3
105,780,372
78,060,670
+ 35.5
16,941,576
+ 20.6
177,958,531
137,862,421
+ 29.1
2,630,105
+ 33.8
15,876,723
+ 35.7
13,223,139
1,965,227
11,466,485
+ 15.3
95,954,164
77,304,393
+ 24.1
12,146,277
10,972,087
+ 10.7
32',223,'795
81,675,204
62,124,438
+ 31.5
31,464,135
+
2.4
266,058,158
220,547,714
+ 20.6
+ 57.7
9,587,995
6,578,803
+ 45.7
9,542,842,348
+ 18.5
Hfon--:.
Great Falls
^
Helena
Lewistown
1,687,705
1,070,533
1,548,206,616
1,423,079,592
_
Total (16 cities)
+
8.8
+
20,430,128
Mont.—Billings
1
1946
•
5,216,835
Minot——
t
Week Ended September 6
1947
l
4,458,716
323396,868
Grand Forks
,
or
Dec. %
3,464,378
Minneapolis
Fergus
4i
(1089)
CHRONICLE
& FINANCIAL
-Jan. 1 to Aug. 31
Inc.
$
26,653,306
1,057,939,513
Rochester.
6t. Paul
j
August-
1946
District—Minneapolis—
Minn.—Duluth
,
COMMERCIAL
—
21,548,988
8.8
+
11,307,496,898
3,596380
2,489375
"+443
1,696/797
1,590335
4,484,349
5,870,238
—23.6
4,425,085
3,537.343
324,943,267
280,395,856
+ 15.9
232,038,811
180,974.375
Tenth Federal Reserve District—Kansas City
1,924 740
1,385,663
+ 38.9
Lincoln
27,446,309
23,040,730
+ 19.1
Omaha
486,118,971
415,354,957
+ 17.0
2,162 160
1,733,758
+ 24.7
17,758,136
13,682,270
1,302,914.
+
4.2
9,048,180
22,823,200
+ 22.1
165,163.040
+
48,928,086
36,156,589
+ 35.3
365,463,379
298,553,865
217,974
204.139
+ 60.3
4,839,713
+ 16.8
418,225
4,253,779
3.626.326
95,837,664
81,385,331
+ 17.8
75,802,135
64,779#56
4,695,650
9,141,168
3,772,218
+ 24.5
2,576,216
2,119,711
8,288,554
+ 10.3
5,766,456
6,169.413
252,577,686
8,518,629
217,712,357
6,011,928
+163
191,728333
173.097341
+ 41.7
6,294,885
5,052.286
—'*03
1,168395
"871100
7.0
999,927
808,565
+ 16.8
289,327,125
257,045,275
+ 15.8
27,864,082
10,480,171
210,381,367
+ 18.6
378,050
5,652,780
+ 29.8
l',357',455
327,734
606,001
Neb.—Fremont
+ 22.4
10,005,221
388,577
+ 39.1
173,301,395
13,916,888
"+~25~.l
Hastings
Rans.—Manhattan
Parsons
Wichita
Mo—Joplin—
Kansas City
5,908,161
+- 6.1
47,933,535
45,156,179
1,150,032,602
'+15.3
9,922,634,692
8,256,632,807
+ 20.2
36,837,877
+ 22.3
346,516,328
252,159,606
+ 37.4
1,319,950
1,197,301
+ 10.2
11,684,947
9,699.979
81,288,308
+ 26.5
573,083,156
+ 30.0
102,823,879
7,565,283
+
6.5
60,055,196
55,604,778
380,683,526
+
4.3
3,077,862,554
2,689,439,246
6,515,811
+
3.7
52,786,229
48,277,720
+14.6
18,867,637,173
15,630,444,788
6,754,723
,
(15 cities)
2,488,977,046
1,408,680
380,656,611
325,860,194
+ 14.4
25,903,752
25,620,894
—
1.1
10,205,325
+ 25.8
102,616,263
76,562,068
+ 12.9
6,605,763,170
+ 18.4
70,440,953
+ 13.6
581,022,316
104,215,460
61,980,700
90,891,980
5,577,778,771
483,379,977
+ 14.7
802,941,364
647,403,316
20,089,000
17,543,000
+ 14.5
160,458,000
139,612,000
750,036,007
:
626,277,934
+ 19.8
5,525,814,190
4,571,244,109
Houston
Arthur-,
+ 40.3
14,975,241
12,573,152
+ 60.2
2,670,000
2,845,300
1,963,827
4,510,072
42,683,331
34,679,350
+ 21.1
1,460,909
1,135.912
6,950,513
+
7,4
5384309
4,985,715
+ 18,3
125,338,569
120,484.357
+ 19.9
70,697,070
78,357:993
2.7
3,314,056
2,583,174.
+ 23.1
9,501,742
+ 29.3
91,883,632
76,550,029
+ 20.0
4,096,755
La.—Shreveport
.
+ 20.9
5,906,861
3,386,668
+ 21.0
31,376,232
26,040,719
+ 20.5
31,896,425
cities)
15334325
3,672,000
21,517,781
5,832,000
+ 14.9
12,284,852
Falls
(11
2,352.578
96392.900
•
+ 20.2
+ 31.0
Texarkana
Total
3,970,610
97,177300
5,383,060
139,370300
+ 24.0
Paso
Worth
+ 13.2
+ 15.5
6,093,258
+ 34.0
752,016,501
Galveston
Wichita
+
161,020^000
9.5
+
106,660,836
215,361,731
12,834,570
849,320,049
Dallas
Port
X,*735329
1,506,639
8.0
+
+
Federal Reserve District—Dallas-
Eleventh
Beaumont
Ft.
2,171,826,680
1,731*817
9.3
+ 20.7
8,059,882
Texas—Austin
El
745,088,726
6.1
+
397307345
Denver-—
Pueblo
29,346,683
172,673,731
204,357.859
+ 19.6
12,061,959,388
14,426,272,840
7,466395
+ 14.8
232,048,213
266,352,611
+15.6
1,631,564,357
1,886,741,826
8.7
+
2,377,925
.
Twelfth
310.732
+ 20.5
a
Colo.—Colorado Springs
1
27.4
45,042,647
Okla.—Tulsa
Total
24.3
5,546,719
Carthage
^
3,030,637,346
+
1,326,420,398
Joseph——
St,
216381,201
3,768,193.824
Federal
Reserve District—San
1
Francisco-
Wash.—Bellingham
5,103,245
5,614,044
426,284,199
395,850,837
6.6
+
9.1
42,119,657
39,502,481
7.7
—
3,344,812,685
+ 10.6
94,344,387
7.8
3,859,776
78,659,195
3,966,568
90324331
76,459343
Tie"?
61313311
58,Vl4~-409-
35,295345
+ 10.9
25,859,656
21,384 369
Yakima-
17,816,166
15,823,139
+ 12.6
125,513,864
Ida.—Boise
18,513,705
13,807,346
+ 34.1
128,968,725
3,024,786,860
116,443,489
103,151,039
63,006,000
46,556,000
+ 35.3
3,355,807,135
74,002,279
2,773,456,939
65,175,377
+ 13.5
1,510,831,813
447,314,738
1,231,326,979
+
22.7
372,821,141
+
20.0
119,245,355
+ 64.0
Seattle
+
7,855,000
6,508,000
+ 20.7
455,114,004
397,101,844
+ 14.6
11,402,622
10,096,124
+ 12.9
Ore.—Eugene
Portland
.Utah—Ogden
Salt Lake City
197,599,271
47,248,845
44,969,879
Calif.—Bakersfield
24,629,549
18,112,659
+ 15.9
-170,547,116
Ariz.—Phoenix
5.1
+
+
—
+ 25.0
+ 21.0
Berkeley
21,016,949
19,778,369
6.3
195,566,221
174,858,634
141,936,795
+
Long Beach
39,501,824
37,675,460
+
4.3
310,401,197
304,695,692
+
Modesto
17,232,500
16,271,823
+
5.9
123,166,224
105,517,479
Pasadena
30,883,919
32,282,897
—
Riverside
8,497,047
9,190,951
39,136~467
-
——
+ 16.7
+
.
23.2
4.3
252,885,032
235,808,492
7.5
75,411,528
71,358,332
+
—
Grand Total
(184
2,877,149,659
6.5
23,575,292,784
21,092,587,482
+ 11.8
575,566,551
11.0
56,071,247,297
56,540,596,372
—
0.8
474,915,798,288
455,935,291,640
+
4.2
11,072,187,805
10,476,829,760
29,692,341,068
1
28,155,311,019
+
5.5
239,749,543,268
211,214,522',991
+ 13.5
5,280,316,567
4,798,483,100
Dec. (—)
reporting member
the following principal
Sept. 4,
U947
1946
Loans—total
adjusted.
industrial,
and
agricultural
loans
.
in¬
nearly all districts, the principal increases be¬
ing $44,000,000 in New York City and $23,000,000 in the
Francisco
purchasing
District.
or
Loans
to
brokers
and
dealers
S.
Government
dealers
for
452
securities
Other
Real
estate
creased
certificates
of
indebtedness
de¬
Holdings of United States Govern¬
$24,000,000.
ment bonds increased
the
Chicago District, $31,000,000 in New York City and $23,United
increased
States
Govern¬
Demand
—
U.
S.
in nearly all dis¬
the Chicago District.
Borrowings increased $38,000,000 in New York City
$23,000,000 at all reporting member banks.
of the assets and liabilities of reporting
^
■
1%-
•
„
' W-
•—
2,754
576
+
261
+
554
1
+
+
2
151
+
1,184
+
19
+
765
1,022
+
74
^
■
...
—
+
+
+
20
23
370
241
M34
179
Borrowings
to demand
interbank
and
Debits
4,775
_
9,364
+
71
111
deposit accounts except
U.
S. Govt, accounts,
week 16,985.
figures revised (San Francisco
„
371
/.a
*1*61
95*
PARTIAL REDEMPTION
A
Class
Date
and Issue—
1936 series
Corp. 5%
stock,
-Nov
—
preferred stock—.
Nov
convertible prior preferred stock..
Oct
Bethlehem Foundry & Machine Co., 1st mtge. 0MiS—-Oct
Cleveland Union Terminals Co., 1st mtge. B'/aS, ser. A—Oct
Viscose
American
Armour &
967
$6
Co.,
Great Lakes Power
£0
52
948
Nov 15
Nov 7
preferred stock
Co., Ltd. 1st mtge. 4 Vis, ser. A
Rubber Co., 4'/a ft
Firestone Tire &
Co.—
bonds, series A, due 1967
*
Telephone & Telegraph
Home
1st
«*»»»
Cities Power & Light Corp.—
American
mtge. 3'/4%
Oct
Hygrade Food Products Corp.—
1st & ref. mtge. conv. 6s, ser. A
International Rys. of Central
5%
1st mortgage bonds
(P.)
Lorillard
Co., 20-year
Louisiana Power &
1st
1
.
and ser. B, due 1949-Oct
America—
1
Light Co., 1st mtge,
'
_
#51
#51
.
951
bonds, 27/sr/<> ser., due 1975-Oct
Ltd., 4l/a% 1st mtge. bonds.
Oct
general mtge. bonds due 1956—
°ct
mtge.
<400
V0O
mv
1963—Oct
3s, due 1974—Oct
3% debentures, due
Public Service Co,—
Maine
& collat. trust
761
Maritime Electric Co.,
5'/a%
Mayer
.*15,544
week
Sep 23
1975
Sep 16
Pittsburgh, Cincinnati, Chicago & St. Louis Ry.—
Consolidated mortgage bonds, ser. "E" to "J," incl-Sep 30
89
7
+
+
784.
2,257
+
2
156
.
Banks-—— 12,176
(Oscar) & Co., Inc.
Montana
Power Co.,
•
3<4% debentures due 1958-Oct
27/»% bds., due 1975—Oct
856
1st mtge.
figure previous
NeGeSrar&^ref.emSe'.
District).
3Vis, series B, due
Newfoundland Light & Power
General mtge. 5s due 1956
Redemption Galls and Sinking
Notices
Fund
Penmans
Bafeway
1
list of corporate
Inc. $4
Stores.
Inc.,
bonds, notes,
1st
3Vi% bonds, ser. A,
4%
I
<9
-
*
»
—Oct 15
Oct
*3327
1
'375
.«««
Qct
bds., due 1971-Uct
958
due 1967
T\TmTrt?a^1>lpr"n?'?on?s,C2M
29th
due 1966—Oct
preferred stock
5% preferred stock
B
England Ice Co., Inc.—
mortgage 4Vis,
1
~
Union Depot Co.-—
and ref. mortgage series
Southern New
Oct
1975-
Co., Ltd.—
Saint Paul
and common stocks called for redemption,
including those called under sinking fund provisions.
The date indicates "the redemption or last date for mak¬
ing tenders, and the page number gives the location in
which the details were given in the "Chronicle."
preferred
Ltd. 1st mtge.
Pillsbury Mills,
1st
Below will be found a
a
5,205
19
+
4,233
Government deposits
000,000 in the Philadelphia District, and $22,000,000 in
summary
)—
Interbank demand deposits:
York City, $31,000,000 in the Minneapolis District, $27,-
A
58
deposits
tricts, the principal increases being $107,000,000 in New
member banks follows;
7
46,954
tAugust 27
domestic banks
24
__
14,473
in the
to
775
3
29
2,619
of Indebtedness
with domestic banks
*Revised
credited
+
—
Liabilities—
during
District.
27
4,138
vault
000,000 in the Dallas District, and increased $22,000,000
Francisco
1,014
+
Domestic banks
Demand deposits adjusted decreased $71,000,000 in
San
+
9
Foreign banks
$19,000,000.
deposits increased $74,000,000.
15
582
with Federal Reserve
Balances
31
+
—-—
securities
in
817
+
31,015
Cash
T
<947
bds.-Sep 30
preferred stock
Lehigh & New England RR.—
1st mortgage 3s. series B, due
157
—
—
19
3Vi% bonds due 1972——Sep
Valley RR., 1st mtge. 4%
& Co.. 5'/a%
E.)
(Walter
Page
„
200
—_
215
3,167
notes
2,948
3,171
—
certificates
Treasury
—
473
—
bills
Treasury
3,559
Heller
Company
loans
Treasury
1
+
mtge. series M
Cincinnati & Muskingum
*
loans.
Loans to banks
Other
+
502
banks, and increased $20,000,000 in the Boston District.
Holdings of Treasury
21
714
securities
Other
+
Power Co.—
3,621
pur¬
obligations
Other loans for purchasing or carrying:
U. S. Government obligations—
Reserve
Chicago District and $29,000,000 at all reporting member
and
brokers
112
+
12318
to
—
Date
and Issue—
Central Maine
agricultural
.
Other
Holdings of Treasury bills decreased $42,000,000 in the
and
chasing or carrying:
carrying United States Government
securities decreased $21,000,000.
industrial,
112
+
21,212
«.
loans
U.
Company
1st & gen.
69
+
63,799
Investments—total
Loans
decrease of $151,000,000 in demand deposits
Since
Aug. 27,
Assets—
and
OF TENDER
NOTICES
Inc. (+) or
dollars)
Sept. 3,
$241,000,000 in demand deposits credited to domestic
and
3,646,789,718
+ 17.1
000,000 in commercial, industrial, and agricultural loans
ment
3,827,703,581
226,449,615
changes for the week ended Sept. 3: Increases of $112,-
for
+ 10.0
265,257,810
Commercial
San
3,714.498
370,009.579
+ 11.4
leading cities shows
creased in
1.612.'626
4,376,142
7,606,278.641
32,078,137
10,282,565
3,422,282
7,631,958
Loans
Commercial,
5.025/810
1,677,980
+ 37.9
428,683,858
+
The condition statement of weekly
a
6345,763
+ 27.1
8,588,467,774
+ 16.0
111,924,000
1947
banks, and
+ 15.2
5.7
302,023,970
124,185,172
(In millions of
and
8,928,571
2,691,991
9.4
11,700,407,447
350,396,878
9.8
Condition Statement of Member Banks
in
187.922.833
+
12,610,787,192
9.8
+
+
244.484,095
+
2.6
+
14,584,204
3,062,889,763
cities)
2333302
3.9
+
525,970,226
+
45,048,906
35,734,307
Outside Now York__t,i
~14~5,55 5
5,535,456
1,591,807,924
Stockton
4
299,671,206
16,018,907
Jose
(19 cities)
'
8360,763
6,069,730
—"7.9
v
5301,174
311,405,708
1,632,974,172
Francisco
Santa Barbara
banks
5//2~9~355
7.8
*,
5.7
+
"+"7.5
8367,377
9329,222
1.9
7.2
+
49,463,532
San
San
Total
»+ 36.0
Street Towers Corp.—
2nd mortgage (now 1st)
series, due »6«.0«
• ^:oa
bonds, due 195
!<.>hh>573'v
1
707
50
(1090)
THE
ENTIRE ISSUE
Company
and Issue—
Date
Page
American Brake Shoe
Co., 5V*% preferred stock-Sep 30
Anglo-Chilean Nitrate
Corp., Inc., debentures, due 1967_Oct 20
Antilla Sugar
Estates, 6% income debentures, due
1951_Sep 30
Armour & Co.
(111.), 7% preferred stock,
—-.—Oct
I
Butte Electric & Power
Co., 1st mtge. 6s, due
$2.50
,367
Republic Petroleum Co.
5Vu % conv. pfd.
stock,
Schulco Do,
Inc., guaranteed
,_Oct
Commonwealth
$3
,764
$5
*
*
preferred
in
this
issue.
tVol.
165.
UVol.
59
Corning
860
3ya%
Dividends
*
current
week.
Then
company
Devoe &
announced the
second table in
name
Class
Name of
Per
Company
Extra
7c
(quar.),,,,
(increased quar.)
'
American Box Board
(increased quar.)——
Extra ——————
American Brake Shoe—
American Business
Credit class A
(quar.)—
$2.75 .cl. A of .1936
(opt. div. ser.)
(quar.)
Cash or
^th
share of
District
American
6%
Felt
class
Telegraph
Co.,
B
Co.
10c
—,——
Arizona Edison
Co., common
-$5 .preferred
$1.50
6%
$1.50
(increased quar.)—Corp.—
1
9-15
20c
(quar.)
;Bancohio Corp.
(quar,).
1
10-
1
425c
1
9-22
30c
,
————
$1.50
the Manhattan
of New
York
Co.
Y.)
(quar.)
30c
—
10-
10-
50c
10-
37y2C
'■
(quar,),;
Machine
,Co.—,————
Bird &
Son, Inc.
———
—
Corp. (quar.)
Co.
(E.
3%%
Bush
"
L.)
Co,
preferred
A
Ltd.—
(quar.)
(Carolina Power
& Light,
.common
$5
preferred (quar.)
Carter
(J.
W.)
Central Electric
,,,
Store
&
Investment Corp.— .(quar.)
$2.5,0
preferred '(quar.),,
Tool Co., com.
Quarterly
Telephone
,
Citizens Water
Co. of
Washington
7% preferred
(quar.)
6%
-v-«
9-17
10- 1
947
$40
9-12
$1.25
9-12
ti2y2C
*32>/ac
9-30
10-15
10-15
9-22
50c
9-20
9-30
9-19
4$i
10-
18C
1
125c
Wholesale Supply
preferred
28'Ac
*50c
9-30
8-30
10-
10-
$1.19'
62 ViC
9-19
\ 9-25
9-22
11- ;1
15c
59 %c
1
10-
1
9-19
10-10
9-17
9-24
9-15
9-30
10-15
940
9-30
9-10
9-30
%c
>11-
1
$1
62 %c
10-1$
10-
1
9-19
10-
1
75c
10-
1
,9-19
10-
1
9-12
10-
1
9-11
Co.—
(Pa.)—
$1.75
Co—
9-19
pfd,
75c
(quar.),,
Class
7%
pfd.
(quar.)
10-
1
$1.37 ya
10-
1
30c
11-
1
30c
11-
1
$1
9-15
$1.75
10-15
9-29
New
10-
6
6
9-10
10-
1
1
1
10-1
9-19
10-8
9-19
9-30
9-12
5c
162 Vic
10-
2
6c
10-
2
50c
10-31
10-21
1
20c
1010-
9-16
20c
10-
1
1
t$1.50
10-
,12yac
—
(quar.)
9-15
10-
$1.50
2
10-
"
1
10c
——
——
1
.
j
■
r
■
9-19
9-16
2c
*
9-12
10-
1
,•>' 9-
i°-
1
9-
.
9
series
1
9-15
40c
Great
1
(quar.),,-————
Company,^—_——
7%
Sugars, cla'ss
(quar.)—
(quar.)
—--—
9-19
9-16
9-20
10-
9-19
10-
9-18
10-
9-18
tl5e
10-
9-30
Ma %
(quar.)
preferred
——
Common
$$3.75
Baking (N.-J.)
(quar.)—,
Humberstone Shoe»Co,
Incorporated Investors
—
(annual),.
—
Common (quar.)
4% preferred
——
Ocean
Company,
prior
—
—<—.
(quar.)————
common——*
preferred
*—
(quar.)
Inc——
(quar.)—_
(quar.)
Jefferson Electric Co
shares
preferred
——
40- 1
9-20
9-30
'9-20
••9-30
9-20
f 15c
9-
2
9-
1
9-30
9-15
$2
9-29
9-19
25c
10-31
10-
1
1
$12 Vic
9-20
9-
10-
1
8
,
9-25
8-15
9-30
—
9-18
r
9-30
•9-19
9-30
9-19
$$1.75
11- .1
.$8%c
10- 2
11-
1
$1.50
HO- 2
10-
1
9-15
1
8-16
9-12
9-18
9-18
9-18
'9-30
9-15
9-25
9-12
$2
9-25
9-12
$1.75
9-25
(quar.)——
Ottawa, Ltd.—
9-12
$1.50
10-15
10- 1
————,—
$17c
10-15
9-18
*
pfd.
25c
1045
\50c
'
10: 2
9X3
,
•9-13
*
10- X "
15c
X0-
30c
10-
9-20
1.
1
50c
9'-22
19-20
12-1
•1212-
XI- I
1
$3.50
1
25c
XI- 1
lit
10- X
10-4;
50c
25c
9-10
$1.50
10-10
I
:
9-27
!___
——
r
10- X
10- X
$1.50
93%c
,25c
•
•9-17
-
:
.
9-30
10-16
9-20
.
>
9- 5
1"
11-
$1.50
.
II
9-20
•■'.;
A
&
Corp. of
pfd.
Corp. (quar.),
Drug Co,-class
B
9-30
preferred
Cruz
9-27
9-19
f.,.9-29
"
$1
10-
10-
1
50c
10-
1
9-20
'
30c
of
:"•
9-30
30d
.,9-13
-0-12
9-15
9-20
,
*
50c
12 Vz c
9-
1010-
5
945
75c
10-
75c
10-
45c
9-20
,,
10-
9-18
9-18
•
$2
15c
9-15
'
9-19*
10-15
X0-
,9-12
1
De-
15c
9-20 .;
.
.
„
940
•
87 %C
30c
10-
9-15
9-20
10-
—
20c
(quar.
_
r;
.
7yac
"10-
9-15
,9-25
40c
+15c
25c
50c
$1.25
1
9-10
10-22
9-20
9-22
10-
10-
1
1
9-10
10-
ilOc
(quar.)—__
(quar.)
1045
1
X0- 1
$1.50
$1
11-
1
1
9-16
9-11
8-29
9-22
10-
1
——
—__
.$1
10-
1
9-16
25c
10-
1
9-18
$1.25
(quar.)—,
(quar.)
Portland Cement
9-24
10-
10-
50c
(quar.)
10-
11-15
75c
:—
Ltd;
9-13
1010-
68%c
•
Co
9-13
35c
preferred,,^—
(quar.),
9-15
10-
?25c
(quar.)——
(quar.)——
10-
834c
—
A
Sangamo Co, Ltd.
Santa
9-11
10-
,62y2c
—r
Society
Safety Car Heating &
Lighting
Safeway Stoves, Inc, common
5%
9-30
9-19
1
"
.
5V2 %
Mills,
10-
X5C
—
Gotton
'9-12
xo-io
Co.—
Works, 6% pfd.
(quar.)—
Riegel Textile, $4 pfd. A
(quar.),,,
Ritter Co,
Inc, common
Robinson
1
10c
$1.12 y2
^
preferred
Richman Brothers
Richmond Water
10-
40c
9-29
.19,-30
Inc.—
(quar.),
Racing Association
.Rhinelander Paper Co.
convertible
m
10-15
10c
9-16
9-16
10-15
$1.25
$1.75
•Regent Knitting Mills,
Ltd;
(quar.)___—
Reliable X^ire Insurance
(quar.)___,,_—___
Reliable .Stores Corp.
(quar.)—
.5%
"
9-30
9-30
50c
(quar.)____—.
Ltd.
9-19
i
9-30
15c
,
0-19
9-30
$1.50
Radio-Keith-Ovpheum (quar.)__,,„—
Reece
Reed
1
1
9-30
10c
(quar.)_^
America—
1st
:9- 8.
1010-
$1.50
,
conv.
0-11
$1
—
Savings
8-29
1.
30C
Co.—
Loan
10-
$1.25
(quar.),—.—__
pfd.
^-15
1
9-15
:
$1.50
—
pfd.
45c
10-
'
,
,
'
$2
Carbon,,,,—
(quar.)
Petroleum,
9-15
50c
———_—
of
troit
Textiles,
10-
9-16
1
50c
—
Renfrew
$1.50
9-22
10-
$15c
.•
Co. (quar.)^
Ltd., 7% pfd. (quar.
Pond Creek
Pocahontas Co.
(increased)
■Extra
———Potomac Electric
Power, 3.60% J3fd.
(initial)
.Proctor & Gamble Co.
.8% .pfd. (quar.)
sProvidence Gas
Revere
1
10-1 -'•;
$37V2C
(accum.)—a-—^
Works, 7%
Republic
10-
.9-15
,
C,o.
9-15
1
11-15
9-30
37% c
—
8- 2
1
11-15
12- 3
•
40c
—
(quar.)
9-30
9-26
12- 3
common--i—
(quar.)——
Foundry common (quar.)____
9-15
10-
9- 8
9-12
lc
—„—__
50c
40-
9-15
—,——
(quar.)
$3.50
9-15
40c
$1.50
9-15
1
9-29
Inc.—
preferred
(quar,),—
non-cum. 2nd pfd.
Radio
9-30
9-15
10-
25c
preierred
common—
Water
Provident
-
50c
common,
——-—
6%
"
9-16
15c
8-30
1045
lc
—
9-26
9-30
1
9-10
50c
5
Pneumatic .Scale,
9-16
20c
10-
9-15
10- 1
$20c
Plume & Atwood
Mfg.
8-15
$75c
30c
1
*9-12
$1.25
,
10-7
10-
10-
40-15
—
5% preferred
(quar.),,,—,———
Phoenix Insurance Co.
(Conn.)
(quar.)
Pierce Governor
Co,
Inc.,,^——
Pioneer Suspender
Co. (quar.)—
9-18
9-30
40c
$1.25
(quar.)—
Philadelphia Dairy Products
Co,
•
,$4.50 1st
'
•
9-15
50c
50c
9- 5
1
$1,75'
Philadelphia Suburban
Transportation
12Vic
.
Co.
r
$4
9-15
Inc.,
.Permutit
,
9-20
10- 1
10-
Peor.ia
2
9-30
50c
—
non-voting
Joplin Water
Works,
Journal
Publish.ing
Quarterly
9-12
$1.50
$1
——
preferred
Brothers
1
9-15
•9-12
25c
(Increased)
—:
Founders
10-
75c
50c
$$2.50
pfd.
Straus-Duparquet,
$1.25
—
(quar.)———
Co, $6 pfd.
Island Creek
Coal, common
Extra
9-17
,
9-22
9- 5
$1.75
(quar.)——,,
Pennsylvania Co. for
Banking & Trusts—Quarterly ;
;
Pennsylvania Engineering
Corp.,,
;
Pennsylvania Forge Corp—
Class
Telegraph (quar.),__,—
Interstate Hosiery Mills
Interstate Telephone
Investors Mutual,
1
$1
——
preferred ;($5 par)
International
10-
$1
9-30
9-12
10-
(quar.),—__
Electric Co.
(quar.)—
Pacific Lighting
Corp, $5 pfd.
9-13
15c
9-15
945
9-12
—
$6 preferred
Pacific Gas &
'
9-11
1
Corp.—
Nickel Co. of
Canada, Ltd.
preferred (quar.),,
Interstate
1
10-
—
(quar.).——
International
10-
30c
.
9-20
•
10-1
10- 1
30c
—
com.
6%
preferred
Pacific Car &
9- 9
$1.50
50c
xo-x
——_
Industries, 4%
9-19
$$1.25
Independent Pneumatic
Tool
(quar.)—
Industrial Bank of
Commerce (irreg,)——_
Ingersoll Machine &
Tool Co, Ltd.
(quar.)—
Inland Investors
(interim),
Inter-City Baking Co, Ltd.
(quar.)
International Button-Hole
Sewing Machine
Co.
(quar.)
I,——
International Minerals &
Chemical
1
9-15
50c
(quar.)—
—
Ltd.
10-
/
.$1
Yorker
Omar,
9-20
$1.37 Vi
preferred
(s-a),,,—;—
Hershey Creamery Co.
(quar.)—
Honolulu Rapid
Transit, 5% .pfd. (quar.)—
'Horn &
Hardart
Howe Sound Co.
1
—
(quar.)—————
5%
10-
30c
9-18
9- 4
15c
Mining & Development—
Old Town Ribbon
&
Olin
9-20
10-15
40c
9- 9
1
9-15
$1.75
—_
$12 Vic
—
10-
'
Investors,,,,,—_—
convertible
9-15
10c
(quar.),
Corp.—
preferred—
,
—i.—-
Co.,
Ohio Service
Holding
$5 non-cum.
convertible
—;
9-15
.
10-
f$1.75
25c
—_
9-30
9-22
25c
$1
(quar.*)
Co.—
9-19
$1.12 Vi
Hendershot Paper (quar.)——;
Products, Ltd.—
7%
9-30
9-19
9-25
;
7j/2C
10c
pfd.
6% pfd. (quar.),
Newberry (J. J.) Co, 33/4%
pfd. (quar.)_,_,
INorthern Paper
Mills, common (quar.)
6% preferred
r
(quar.)
Norwich & Worcester
RR. Co.—
8% preferred
(quar.)
:———.
Oahu Sugar
Co, Ltd. (increased),
.Ohio-Cities Water, $6
pfd.
9-19
-
$1.75
—
&
Magazine,
,Newark .Telephone
(Ohio),
9-15
9-30
75c
pfd.
A
9-30
9-30
$1.06 y4
New
9-15
'
93 %c
—
5%
1140
9-26
1
9-25
5c
(s-^a),
Corp. (increased
quar.)——~■—
New England
Power, 6% pfd.
(quar.)——_
New York &
Honduras Rosario
Mining Co.—
1
10-31
10-
lc
$1.12 Vz
Light, 5%
;Nehi
9-19
1
30c
—.
pfd. (quar.)—
Watch Co.
(quar.),———.—.—Hanover Fire
Insurance Co. (N.
Y.) (quar.)
Hartford Fire
Insurance Co, com.
(quar.)—
Hawaiian Corn &
Sugar (quar.)—
Hawaiian Electric
(quar.)
1
—r——
Hawley Pulp & Paper, $6
pfd. (quar.)
Heller (Walter
E.) & Co, common
(quar.)—
4% preferred
7%
11*25
10-
,81 Vic
*
Green
(Daniel) Company
Greenwich Water
System, 6%
Gruen
7%
10-
25c
——
preferred (quar.)—
Great-West Life
Assurance Co.
(Winnipeg)—
Quarterly
5
1045
12 Vic
(quar.),,—
West Felt
50c
10-25
5c
41
9-?0
20c
Class B
______
7%
preferred,
•9-15
1
9-17
8-11
$1
(quar.)—
/National Department
Stores Corp.
-(quar.),,
^National Grocers,
.Ltd, common (quar.)—_
$1,50 pref.
(quar.),—
'National Pressure Cooker
(quar.),
•National Radiator Co
National Stamping
Co, 6% conv pfd.
(s-a)_
^New Bedford
9-15
1010-
C
$4.50 preferred
9-30
25c
37 Vic
9-24
10-1
—
Cordage,
3iy4c
preferred
(S. A.)
Co.
9
.
(quar.),,
Art
1
9-22
10- 2
10-15
$1.50
_____
947
Ac
m
6%
9-15
10-1
$1.25
Nathan
1
10-1
—
——■——r
9-20
1
10-
9-26
30c
•Murphy Paint Co, Ltd.
(quar.)
Murray-Ohio Mfg. Co._____
8-30 :•
10- .1
40c
——~
Extra
9-19
941
Plan
Quarterly
'*
9-19
10-
9-30
$1.75
Inc.—
(quar.
Motor
9-15
$1.18%
Ward
A
Finance, $5
Mount Diablo Oil
9-26
•
class
Morris
9-10
1
25c
$7
,
1
9-25
10-15
$1.25
Valley Water Co.—
Montgomery
/
9-16
9-19
$6
~
pfd.
10-
$20
;—*
conv
1
25c
(quar.)
(quar.),
Co.
B
10-
Disintegrating Co,
7%
10-21
10-31
60c
10-15
10-15
$12.50
$1.06 V*
(N. Y.)
(quar.),
preferred (quar.),,,
preferred (quar.)——
Monroe Calculating Machine—
7%
preferred (quar.)—
\
9
37 Vic
$1-06'/4
9-19
_____—i——
Monogahela
!
8-16
1
/i
—
9-16
9-
9-16
10-20
10-
50c
Co
Michaels Brothers
Minnesota Power &
9-11
945
10-13
20c
Co.
7%
9-30*
9-18
1
10-20
25c
$1.06
(quar.)
Trust
Co,
4 Vi
% preferred (quar.
Meyer Blanke Co. (quar.),
9-19
75c
3 7 Vic
(quar.)__^,__—.—___
Metals
9-20
9-30
(quar.)
(quar.)—
(quar.).
10-
Water
Quarterly
9-15
20c
—
9-23
9-23
10-21
11- 1
McBee
9-17
9-30
(quar.)—-
8-30
i:
10-15
10-
$1.50
(quar.),———.
9- 8
1
37V2C
—
A
11-
37 %C
Company (quar.)—
McGrath-St. Paul Co, 30c
preferred (quar.)
McKee (Arthur G.) &
Co,-class B ,(incrd.)_
Mead Johnson & Co.
9-19
$1.75
—
York
(quar.)—,——
Grand &
Toy, Ltd. (quar.)—
Great Lakes
Power, Ltd, $7 pfd.
Jenkins
9-22
10-
10-
20c
—
common,
&
preferred
»Godchaux
v
$6
(quar.),—
A
(quar.)__
Cleveland Land &
Securities,
Clinton
Works,
1*
9-15
11-
50c
$1.25
949
9-22
10-
1
quar.),,
10-20
'■
1
10- 1
12 V2C
(initial
10-1
9-15
10-
25c
———______
949
10-
common
;fl- ^
.
1
9-10
60c
25c
J.), Inc, 6% pfd. (quar.)
Power & Light, $6
pfd. .(quar.),—
& Electric Co.
(Del.)—
6%
Mascot Oil
4
75c
—
(quar.)
City
Investing Co., 5Va%
City Stores
Co., common
Water
9-15
10- 1
10-15
10-15
25c '
\
56
9-20
$1.12
(increased)
convertible prior
preferred,
preferred (quar.)
Cincinnati &
Suburban Bell
convertible
Citizens
10- 2
1
convertible
Chicago Pneumatic
$3
10-14
10-16
75c
Gas, 4.75% pfd.
Central Kansas
(quar.).
Power, 4%% pfd.
Central
(quar.)—
Telephone ;Co,
$2.50 pfd.
Chain
4Vu%
10-24
10-
87yac
—
,,,
Company,.
9-19
20c
:93%c
4%% convertible
preferred (quar.)
Canadian Pacific
Ry
$3
■
9-30
65c
—
^Manufacturing—
,,
9-15
9-19
50c
————
9-20
1
9-30
56y4c
(quar.),——
Administration Co.,
preferred
9-30
10-
25c
———
•CYp.tal
9-15
9-15
37 Vic
(s-a)————
common
9-29
$1.05
'
common (incrd.
3Va% preferred
quar.),
Boston Elevated
(quar.)„_———
Ry.
Boston
(liquidating),——,
Storage & Warehouse
Co.
Brentford Cordage
(quar.)—
Co., Ltd., com.
$1.30 preferred
(quar.)
Briggs
(quar.)———————
Manufacturing Co.,——
British
Columbia
Electric, Ltd.
Broad Street
(quar,)—,
Investing——
Brompton Pulp &
Paper, Ltd. (quar.)
Bronx
County Trust
Bruce
9-15
9-29
30c
preferred
Borg-Warner Corp.,
9-19
1
10c
(quar.)—
Bloomlngdale Bros.,
Inc.——i—
Borg (.Geo.
W.)
10-
25c
Inc.,——_——-——
convertible
9-19
1
9-30
*5Qc
;
of
Globe-Wernicke Co,
9-19
25c
.
common—.
(quar.)
Laughlin,
5%
10-
25c
——
(increased)——,—
Birmingham Electric
Co.,
$4.20 preferred
Bliss &
9-19
56 >/4c
Works Corp.
(reduoed)
.Baumann
(Ludwig) & Co,———.
Beatty Bros., Ltd.
'Bird
9-30
10- ,1
9-
1
new
11-
5c
——,
Massachusetts Northeastern
Transportation—
1
,75c
—.
(s-a)—_———■
General
Machinery Corp. (quar.),.
General Portland
Cement———
General
Reinsurance
Corp.——-——
General Tire &
Rubber, 3y4% pfd.
(quar.)—
3%% preferred
Gibson
9-19
9-22
9-15
10-
8'
9-15
—
Co, common
preferred .(quar.)-J—.—
9-20
10-
10-
,10-15
;$i.i2%
Marshall-Wells
•
1
1
5c
(quar.)——_—.
Marine Midland
9-10
11-
30c
—
(Tnos.
Common B
Marion
9-20
50c
—
(quar.),—
Gerrard
9-18*'
9-19
1
9-30
$1
•
AV4%
9-19
9-30
,37 Vic
(quar.)—
■
9-22
10-
75c
—
—
9-30
$3.50
(quar.)——,———
Yorktown (N. Y.)
(quar.)—,—
Asphalt Corp.
(Increased)—
Barker Bros.
Corp. common
(quar.)—,
Extra
of
9-10
9-22
10-
9-30
2
,371/2c
Marlin-Rockwell Corp.
(irregular)
10-15
10-1
40c
—
10-15
5c
(N.
9-19
10-
20c
—-—'
Co.,
Grinding Machine Co.,—
$4
8-22
2
•9-25
—
————
—
Barber
'
10-
11-15
t25c
preferred (quar.)—
General 'Electric
Co.—
———
General Finance
Corp, common (quar.),
9-15
9-30
50c
9-22
9-26
—
10-16
8-30
1
7V2c
—»
9-15
11-
9c
20c
9-22
10-
25c
(quar.)
(quar.)—
,6%
10-
$1
1
2 Vic
com.
common
Extra.
9-15
•••
10-
15c
General Builders
Supply Corp.—
5%
convertible preferred
(quar.)
General Controls
Co, common
9-15
9-30
77'Ac
.
Bank
General Box Co.
9-15
1010-
Gear
preferred
—
4Va % preferred
Bath Iron
8-30
9-20
—
Mfg.
preferred
9-20
'
10-15
$1.12 &
(quar.)————
Frontier
Industries, Inc
Gannett Co.,
Inc., class
9-12
1
$1.75
(increased),———
Axe-Houghton Fund, Inc.—
Axe-Houghton Fund B, Inc
Backstay Welt Co.
B^ dwin
(quar.)—-—,—i—i
Company, common
(quar.),—,
b% preferred
Bank
9-22
,
r 10-
1
1
30c
(irreg.)—
Power, 6% 1st pfd.
(quq,r.)
Formica Insulation Co
Francisco Sugar Co.
9-22
9-15
.
25c
$1.25
(quar.)—
Atlantic Greyhound
Corp., 4% pfd.
.(quar.),
Bank
1
10-
9-15
.
—
Foreign Light
8-18
10-
12 %c
•iV
——
Electric
Foote Mineral
9-18
9-10
10-
(quar.j,————
preferred
preferred
43/i%
9-20
9-20
12 Vic
(quar.),,
(irregular)
$1.50
Light Co., $6 pfd.
.(quar.)
——
;
10-1
10c
(Seattle)—
Avenue
5
9-30
20c
.Atlas (Steel, Ltd.
Extra
Bank of
9-
1
—
(quar.):——
convertible
40-
50c
1
1
10-
96 Vic
4,Lowenstein (M.) & Sons,
4V4% pfd. (quar.)
Ludwig Baumann & Co. (see
Baumann
(Ludwig) & Co.
Mading Drug Stores, common
(quar.)
55c preferred
(quar.),
Mahon (R. C.)
Co, $2 class A pfd.
(quar.)
Mahoning Coal RR. Co.
(irregular)
Maltine Co, 4Vi% conv.
pfd.
9-17
10-
Co,
Common
.7.-'
1010-
5c
Louisville Gas
•
30c
First National'Bank
(N. Y.)
Florida Public
Utilities,
1
0-30
9-15
)25c
9
9-15
12-
10-15
,25c
—
9-
1
9-22
15c
—
(Fred) & Co. (quar.)
^—
Federated Department
Stores, com. (quar.)—
4j/4% convertible preferred
(quar.)—
Federated Publications
(irregular)
Federation Bank & Trust
Co. (N.
Y.) (quar.)
Field & Stream
Publishing (quar.)
Fifth
9- 3
4.2-15
$1x2 y2
—.—
Manufacturing
10-
,30c
(quar.)——,—
(quar.)—'——
preferred
Co.
"9-20
10-6
Oil
Louisiana
."
9-10
9-30
10-1
(quar.),.
(quar,)
preferred
9-25
40c
,(quar.)
B
Lipton
9-16
5c
(initial)—,———
(quar.)———-—.—
Lion
9-22
—
9-17
9-15
&
$7
1
75c
(Electric Co., Inc.—
.$6 1st
preferred (quar.)—
——
.Anchor Post
Products—
Arkansas Western
.Gas
(Arfckraft
9-15
10-
1
1
9-15
$1
Empire Trust Co. (N. Y.)
(quar.)—
Equity Fund, Inc
Essex
Packers, Ltd., 5% 1st pref.
(quar.)—
Fabien Textile
Printing (quar.)
Fear
9-18
9-15
—
7%
9-18
683Ac
—
/American
Manufacturing iCo.__
American Molasses Co.
(quar.)
American Water (Works
&
9-30
9-30
3
10-
10-
—:—
Emerson
10-11
6c
(qu&r.)—
—■—
(American Fork &
H.oe Co;,
common,,,.
.4%% preferred
(quar.)
American General
Insurance (Houston,
Tex.)
Quarterly
Arkansas Power
1
(N. J.)—
(quar.)
preferred
A
Co.
9-23
15c
(quar.),
50c
9-16
.
preferred
Class
,
40c
13%c
50c
—__
Lessings, Inc.
Lexington Telephone Co.
(quar.)—
Liberty Loan Corp, class A
9-12
87Vic
——
Steamship Lines,
convertible
Quarterly
10-11
11-
60c
stk
1
50c
.
1011-
9-30
—
(quar.)
(quar.)
'Electric Auto-Lite
(quar.),.———
Electric Storage
Battery—,—
Electric Products
Consolidated
9-18
50c
12 Vic
20c'
A
Mills
9-11
3
9-30
common
Dunson
2
1
10-
$1.25
common
9-
10-
25c
—
Quarterly
9-10
40c
—
—-i*-
American
Duff-Norton" Mfg.
When
Holders
Payable of Rec.
Share
10- 1
$1
common,,
(quar.)
convertible class
$2
.4ya%
.9-15
(quar.)
Douglas & Lomason
are:
"
9-15
9-oU
9-15
.9-15
9-20
9-20
8-19
40-15
9-26
9-30
$1
Light Co.,,
10-1
1
10-28
30c
(James) & Sons Co, 3.85%
pfd. (quar.)
Corp.
Leonard Refineries
——-——,—
Lerner Stores, common
(quar.),
,10- 3
10- x
20c
(quar.)—
Eastern
week
9-15
t$2
(quar.)
(N. Y.)—
Mudge, Ltd.—
$1
10- 1
10-
J3c
Lehman
11- 1
(irreg.)
4%% convertible preferred
Donnell &
in our
dividends announced this
Acme Stock Co.
.(irregular)
Aetna Insurance Co.
(Hartford)
Ainsworth Mfg. Co
Works,
Raynolds, class
B
Lees
1
$1.25
—-—•—
Donnacona Paper Co., Ltd.—
"General Corporation
Investment News
Department" in the week
when
declared.
The
75c
York
7
Electric
5% convertible preferred
Detroit Edison Co.,
In the
follow with a
which we show the
dividends
previously
which have not
yet been paid. Further announced, but
details and rec¬
ord of past
dividend payments in
many cases are given
under the
and
Glass
&
Rubber,
we
New
10-
Gas
9-11
9-15
9-15
1
10-31
$1.25
preferred (quar.)—
Laclede
,
—
of
4%
9-11
9-11
1
——
Delta Electric Co.
Denman Tire &
are
10- 4
10-
■10-
16%%
(interim)
1
.10- 1
20c
(quar.)
Ltd.
10-
$1.75
—
$5 preferred
When
10c
Kelling Nut Co, 6% .preferred
(quar.),
Knott Corp.
(increased quar.),,—_—
Koppers Company, common
(quar.)——
9-11
$1.75
Securities
Co.
(quar.)—,
preierred
of Wheat
Cream
164.
grouped in two separate
tables.
bring together all the dividends
we
Coke
15,1947
AoMer*
Payable of
Share
div.)—
dividend
;;Kerr-Addison,
8-29
10- 4
$5
Corp.,^—,
Cross Company, 5ya% conv.
pfd. (quar.)
Crystal Tissue Co. (quar.)
Davenport Hosiery Mills
(Irreg.)—
Decker Mfg. Co.
(quar.)—
Dejay Stores (quar.)
De Long Hook &
Eye (quar.)—
995
995
DIVIDENDS
first
&
Continental Gas
•
•Announcement
9-30
9-15
$1.37 y2
—7~~7Z
(Hartford)—
(quar.)
Edison
Quarterly
1st
,
10-15
15c
Stock
(Kentucky)
$1.50
Consumers Gas Co
.(Toronto)
,Continental Bank & Trust Co.
859
J
preferred
Consolidated
9-15
10-14
410c
—
Name
Kansas Gas &
9-30
—
Connecticut Gas
;571
1
Per
0) Company
Joyce, Inc. (quar.)
;—
Electric, 7% pfd. (quar.),'■
^Kansas-Nebraska Natural Gas (cash
9-15
10-15
Light Co.
Insurance
—
10-
45c
(quar.),,,
Fire
1
10-30
10c
(quar.)
preferred
Connecticut
Quarterly
12004
Water &
preferred
$7
*2004
___
Insurance
10-
$1.25
Commonwealth Water, 5ya%
pfd. (quar.)—
$6
6% bonds, issue B-,
iSep 22
mtge. 5s
Oct
1
Co., San Francisco
Terminal—
mortgage 4s, due 1950
United Gas
Oct
1
Corp., 1st mtge. & collat.
trust 3s, due
Welsbach
1962_Sep 15
Engineering .& Management
-Corp.—
Collateral trust
5s, due 1953
Jan
Wentworth Mfg. Co.,
1
convertible preferred
stock,Windsor Gas Co., Ltd.
Oct 15
1st & ref.
mtge. 5s
Nov
1
Life
Holder$
Payable of Rec.
62%c
~-~~
*2004
1st
Pacific
(quar.)
—
951
1
A
Commonwealth
Quarterly
854
A—Nov .15
ser.
class
-----
,
stocks
Ltd.
Monday; September
When
Share
and & Stone
(quar.)—
Commercial Alcohols,
Ltd., com (quar.)
8%
preferred
(quar.)
.
'757
Co„—
Company
Colonial
12142
-mortgage 5s, due 1948
Any time
York Gas & Electric
Light, Heat & Power .Co.—
1st mortgage 5%
bonds, due 1948
Anytime
Purchase money -4%
bonds, due. 1949
Puolic Service Co. oi
——Any time
Colorado—
>'
5 %
preferred stock
Oct
7% and 6% preferred
1
Southern
FINANCIAL CHRONICLE
Coca-Cola Bottling
Corp. (Cinn.)—
754
945
New
Silknit
&
Per
Name of
753
1951—Anytime
Consolidated Press Ltd.—
4Va % 1st (closed)
mortgage and leasehold bonds
Sep 15
Fortnightly of Chicago 5% % debentures due 1950
Nov
1
Gaylorti Container
corp., 5 V2 % conv. preferred
,stock_Oct 14
Libby, McNeill & Libby, ser.
debs., due 1948/1959, incl—Oct
1
New Amsterdam Gas
1st consolidated
COMMERCIAL
CAUSED
10-
1
12 V2C
50c.
9-18
9-24
9-20
9-15
940
aber
15, i947
Volume 166
Number 4629
S&.2SS
»
>0
in
1
9-17
9-15
9-15
,10-. 1
10- 1
10-31
10-1
10-28
1
1
10-
2
11-
1
10-; 8'
9-15
1;
9-10
10-15
10-
1
10-20
10-
Smith.
9-16
1
(L.
Society
8-16
South
10-
6%
9-22
10- 2
9-24
10-
1
10-31
9-26
10- .1
9-25
9-25
Stock
9-15
1
&
Stop
9- 4
Sun
9-15
10- 1
9-30
9- 5
9-12
10-
9- 5
1
9-15
'
■
10-
57c
1-2-48
1
9-22
10-
1
9-15
15c
10-
1
9-22
(quar.)—..——$1.13
Canada (quar.)—
9- 8
1145
New
(s-a).
'•
9-30
9-15,
4ya %
9-15
American
$1
$1.06(4
.
9-15
41-15
9-30
10-
-
1
Extra
-
946
10: 2
10-r
a *
-XT.
10-1;
943
10-
*9-13
10-
9^20
—
United
6%
.9-22
prior
111- 1
6%
-21
1
•:
'
9-10
0-10
1-
;?■: "
;
9-19
9- 5
9-
9-20
9- 5
51-9
8-29
-)
1
7%
0-11
1
)-
;
<
7%
6%
9-19
1-30
9-16
03-i *
9-10
9'-23...
03-i
-30
9-23
-15
9-29
-15
9,-30
-1; ■
9-12
-10
9-30
03-
9-19
1
72" 9-19
1
.9-20
1
9-20
■
5%
9-12
30
9-20
.
*
15
9-
9-20
1
9-18
1
1
5
9-18
*
9-15
I.
10-15
12-
1
9-20.
10-
6
;
10-
6
9-16
"V
-v.,
.
9-12
.9*10
>9-15
9-20
.9-25
Co.—•
class
(quar.)
B
Co._
&
(quar.)___
%
Power
Co.,
preferred
Osgood
Corrugating
common
10-15
1
9-16
we
1
1
10-
1
10-
1
9-19
9-19
9-20
9-16
9- 9
9-10
9- 5
2 (Ac
6%
10-
1
15c
..
10-
1
9-15
31 %c
10-
1
9-15
10-15
9"^
11-15
10-17
$1-50
11-15
10-17
37(Ac
9-25
9-15
10-15
9-22
20c
12(Ac
$1.37(A
$1
10-
1
9-25
9-30
9-24
9-15
9-
9
11-1
11-
I
10-22
$1.75
10-15
$1.75
10-
1
9-25
10-20
9-30
10-
1
9-20
9-15,
week, these being given in the
10-15
Power &
Paper Co.,
preferred
Class
A
(quar.)
9-22
Acme
Glove
9-16
Adam
Hat
preferred
J.
D.i
5%
Aetna
Aetna
g-20
Aetna
5%
&
Co.
Roller
Standard
Y.l
10-25
10-15
10-
1
preferred
10-
35c
10-
1
10-
97yac
(quar.)
10-
1
9-
2
$62%C
10-
1
9-
2
$25c
—
10-
1
9-10
$$1.25
(interim)
(quar.)
Corp.
9-15
8-29
_______
(quar.)____
$25c
10-
1
9-18
15c
—
——
Bearing,
common——
preferred
—
Engineering,
10-
1
9-16
20c
preferred
Thermos
Co.
(quar.)
Ahlberg Bearing Co.,
4ya %
preferred
American Tobacco
9-30
8-21
9-15
10-
(quar.)
8
Co.,
9-13
Black
Bliss
9-
20o
9-20
preferred
preferred
preferred
9-30
9-
50c
9-15
9-15
9-30
9-15
&
B
4%%
y
Art
25c
9-15
9-15
99-
1
pfd.
1
10-
1
9-
5
10-
1
9-
Corp. Ltd.
(quar.)
$1.75
15c
9-15
8-39
9-30
9-27
Class
Ashland
75c
8%C
1010-
1
1
9-16
9-20
(J. II.)
A
&
4»/4 %
'
5
S-i
10-
1
9-10
9-15
8-28*
9-15
8-28*
9-15
10-15
10-
1
9-29
pfd.
1
&
11-
1
1-21
9-30
9-17
9-30
9-17
9-20
37 %c
9-15
9-2
9-30
9-10
$1
9-30
9-24
12-23
12-19
12-23
12-19
25C
9-15
15c
9-30
$16.50
10-1
$68.25
10-
o.ifl
B
15
J.)
_
93 %C
g_26
0-15
9-
2
Light
Bank
class
&
Extra
Watch
Bunte
Brothers
(quar.)__
9-16
9-30
8-30
9-30
9-15
$2
'
25c
10-
9-15
1
9-15
8-
10-
1
9-
10-
1
9-15
9-30
9-16
25c
9-15
8-29
—
30c
10-
1
9-15
50c
10-
1
9-15
■.
^
(quar.).—
10-15
93
$25c
$25C
IS
10-
9-15
1010-
5
8-
7
8-29
Is
10-
7
8-29
a2%%
10-
7
8-29
%
10- 7
8-29
$37 %c
9-15
8-31
a2 %
$12 VaC
—m
9-15
8-31
$40c
10-15
9-3)
60c
(quar.)
9-30
9-13
(quar.)
—-
25c
9-30
9-18
(quar.)..
common
IOC
9-15
9-
2
9-15
8-
2
20c
20c
$1
—
—
10-
1
9-18
10-
1
10-
1
9-18
10-31
10-13
9-13
90c
90C
10-31
10-13
$30c
9-15
8-15
IOC
10-20
10-10
25C
9-15
$1.25
20O
10-
2
0-
1
9-20
9-15
8-18
1010-
1
9-13
10-
1
9-r
50c
10-
1
30c
——
35c
$1.75
$35c
11-
1
1
9-12
9-10*
10-23
600
9-15
9-
15c
9-20
9-1 »
10C
9-20
9-1)
8
—-—-r—
10-
1
9-10
1
Steel
Ltd.
$15c
10-
Co., 5%
T. Financial Corp.
(quar.)...
Calgary & Edmonton Corp.,
California Cotton Mills
California
Electric
Power
...
Ltd. (s-a)...—.
preferred (initial quar,)_.—...—
Ink
Co
1
9-10
California
9-15
California Pacific Utilities, com.
preferred
(quar.)
California Water Service
31 %c
50c
$ 5c
15C
Co.—
9-26
5%
1
8-15
1
$1.75
C. I.
6
9-16
preferred (quar.)....
9-11
9
9-19
60c
1
9-30
8
1
8-29
(quar.).— — ——
Water Co., 7%
9-
10-
1
Butler
9-15
25c
10-
9-16
$1.06%
1
10-
9-11
9-15
10-
$1.25
9-10
9-26
9-20
50c
-
,
31V4C
1
10-
9-24
1
(quar.).
pfd. (accum.)
conv, pfd. (quar.)..
5% r.on-conv. preferred series B (quar.)..
9-30
15c
8-2Q
9-30
10-
9-15
Terminal Buildings, 7%
9-24
$15c
9-15
$1.60
25C
(quar.)..
Pisto'n'Ring
Extra
$2.50
—
(quar.)
56V4o
$1.12%
9-12
(quar.)——
(quar.)—
Co.
(P. H.)
Co., Ltd.—
common
0-10
9-10
9-30
preferred (quar.)
—
Buckeye Pipe Line Co
Bucyrus-Erie Co., common—
7%
preferred (quar.)
—
Building Products, Ltd. (increased quar.)—
Butler
5
9-25
9-30
—-—
Bush
5
2
9-25
25c
$5
50c
2
2
——>
preferred
(quar.)—.——Shoe Co., $3.60 preferred (quar.)
$3.60
preferred (quar.)..——Bruck Silk Mills
Brunner
Manufacturing (extra)
Brunswick-Balke-Coliender, common
Burlington
9-
9-15
<
■
35c
(irreg.).
Distillers,
9-16
9-
9-
9-
9-15
$1.37%
(quar.)
common
Note
Iron
9-16
9-30
2%©-.
15c
G.)
1
9-30
9-15
—
(quar.)—
——
(E.
1
$20c
(quar.)
8-29
$1.50
$$1.50
—
10-
10-
9-20
9-15
1
A_—<
10-
59 %C
9-20
9-30
31)40,1
$4
12 %c
i
—
9-30
30o
—-
(quar.)
Brown
,
5
25c
-
25c
(quar.)-,—
(quar.)
9-20
—.—
Corp.
25c
Corp——
1
12 %C
—
Sons—
Stratton
Brown-Forman
Burd
1
10-
9-30
&
Bulova
(accum.)
9-20
$i
50c
Extra'''.—
10-22
1-31-48
9-
1
9-20
B
Brooke
.
10-22
25C
—r«
9-20
1
10-
20C
Extra
8-29
1
1
10-
50c
50o
Brockway Motors Co.
11-20
10-
10-
$1.75
——
British Columbia Power, Ltd., class A
9-13
1
$1.50
$1.60
(quar.)—_«
pfd.
(E.
Class
1*
9-15
11-
$1.75
9- A
IncJ—.—*
Gum,
Convertible
8-28*
10-
9-26
12-
8-30
9-13
2 %c
Ltd, (quar.)——British-American Tobacco Co., Ltd.—
Ordinary (interim)
,—
Ordinary registered (interim),.
5% preferred (s-a)——
——.
5%
preferred registered (s-a).——«...
British Columbia Packers, Ltd.—
5*
$1.50
(quar.)—
arrears
preferred
(quar.)
Roller
Bearing
(quar.)
British-American
2
9-15
9-15
9-15
50c
9-
10-
9-30
9-30
10c
t.
Extra
0-20
'
preferred
30c
81'4C
(quar.)—.—..—
8-29
1
10c
(quar.>__
__—
Hardware
9-15
m.—w
0-13
$3
Co., common
Refining,
9-10
wT~Compaiiy—"
1
1
10-
10-
'
Extra
Decker Mfg.
9-15
10-
10c
(quar.)
Oil
8-29
9-30
9-30
——————
Brillo Manufacturing Co,,
9-15
$1.75
Extra
Ashdown
9-15
50c
—
preferred A (quar.)
Bristol-Myers—
3%%
participating preference
10-15
$1
—
—
5
$1.25
9-15
(quar.)
6%
9-17
$10C
Asbestos
pfd.
4
9-30
$2
—V
Extra
6%
9-
1
10-
$1.50
—
Co
preferred
9-12
50c
Brtggs
$1.50
(quar.)
prior pfd.
Construction
9-12
1
25o
Brazilian Traction Light & Power,
50c
Constable
1
10-
10-15
(quar.)
4
$2.25
—
(quar.)
Metal
10-
5
ZV/20
(quar.)——
Industries (quar.)
9-
53%c
prior
8-31
t$2
series
10-1
$1
$6
1
$10c
Bridgeport Gas
53 %C
(quar.)
(s-a)—
convertible
Arnold
Brach
Co.—
Armstrong Cork Co., $3.75 preferred (quar.)
Armstrong Rubber CO., class A (quar.)__—
9-18
20c
Co.
10-
——
British-American Oil Co,,
prior pfd. (quar.)_
6%
9-
8-31
$15c
5
50C
———•-*—
Gas
1
1
(quar.)——
9-12
35C
7% preferred (called for redemption Oct. 1
at $116 plus this dividend)——
9-18
5
9-19
1
9-10
10-
Can¬
9-
10-
2
10-
—
$2
(quar.)
This payment clears all
Class
of
9-24
10-15
50C
30C
«■«*»>—
Power
1
$$1.75
50o
(quar.)
preferred
Arkansas-Missouri
10-
9-10
$$1.50
—
Ltd.—
preferred, (quar.j—
Bridgeport Brass Co., common...—
5%% convertible preferred (quar.)—
25C
9-12
9-
i
35o
(quar.)
$1.50
(quar.)
Mills
10-
50c
Ltd.—
Malleable
1
9-15
$350
conv.
Bower
8-15
10-15
...,
(quar.)..
Apex Electric Mfg., 7%
Cotton
1946
10-
12 %0
——
9-10
$1.12%
AndJrs^SicSd'on ^mmo'n"""
Common
84 %C
pfd. (quar.)—
Tobacco, 6% preferred (quar.)u
Co., 4J/a% pfd. (quar.)—;
Bohn Aluminum & Brass Corp.——i
Book of the Month Club (quar.)
Boston & Albany Railroad
Botany Mills, Inc., class A (quar.).
8
$1.50
common
Anchor Post Products 6%
prior
&
(E,
Bowman
—
Mining
9-12
$25c
Canada
Mines,
'i—
$2.25
2
1
75e
Armour
9-
10-
30C
Copper
9-15
1
—
Bobbs-Merrill
8
Anaconda
6%
0-15
9-
Ampco Metal, Inc., common——
6% preferred (s-a)_—
——«<-
Arcade
12- 8
1
30c
4y4%
6
—
—
6%
1
(quar.)
Corp.—:
preferred
Harbor
Extra
$1.25
(Indianapolis)
~
prior
$3.25
9-
10-
——
10-10
30c
—
9-
1
9-15
$1.25
—
Telegraph
Co.,
Woolen
6%
common
Birmingham Water Works,
Bishop Oil Co. (quar.)
Sanitary
lirreg.)
"
10-
10-
—
9-15
$1.25
(quar.)
(quar.)
9-10
$1
Corp.
(formerly
The
Bingham Stamping Co.), common.
convertible preferred (quar.)..—
Birmingham Gas Co.. common
9-30
$1.50
$4 convertible prior preference
7%
preferred (quar.)^—
American Wringer Co. (quar.)—
10-10
(Watertown,
—
class A
(accum.)_
common—_——
&
1
9-1Q
Blngham-Herbrand
9-11*
9-15
$1
——
Bottle
10-
.
Ltd.—
(quar.)
Telephone
9-15
Bloch Bros.
(quar.)_—.-——
(quar.)
American Sugar Refining Co.—
50c
62c
common
<quar.)____—
Insurance
,
10-15
$1.75
Co.
American
1
Bethlehem Steel Corp., 7% preferred (quar.),
Bibb Mfg. Co.
(quar.).————
Extra
——-
50c
Foundries
American
9-15
10-
50C
9-11*
1
30C
Steel
1
Bessemer Limestone & Cement—
4% preferred (quar.)
'
E!xtr&
Quebec
Extra
Standard
Insurance
1
——
(quar.).,
(quar.),;
9-15
1
$1.75
—
(quar.)
States
10-
10-
5%
—
Co.,
$2
30o
—
of
-
$1
(quar.)
(irreg.)
Berghoff Brewing Corp.
8-29
$1
;
(quar.)
& Surety (quar.)
Insurance
(quar.)—
preferred
Benton
siy4c
—
._u;—
Lines,
preferred
Arkansas Natural
Casualty
Agricultural
N.
Mfg.
convertible
Life
.
9-15
fll.—
(accum.)—
Stores
50c
Extra
Aetna Ball
9-18
9-10
8
$37%c
(quar.)—
Addressograph-Multigraph
1
9-13*
9-25
8
9-
(quar.)
Works, Ltd.
Stores
8-29
9-18
9-
9-30
Ltd.—
partic.
Adams
9-16
9-30
30c
(quar.)
9-11
1
Payable of Rec.
50c
—
preferred
preferential
5%
9-22
.
Holders
———
Acadia-Atlantic Sugar Refineries, Ltd.—
9-20
10-
Share
V
(quar.)
When
—
prior
9-12
1
Light, $5 pfd.
Smeltin&
Co
Applied Arts Corp
Laboratories
$1.50
1
10--
(quar.)_————
Apex
Per
$2,50
10-
—
&
60C
25c
*
American
9-20
10-
Appliances, Inc.,——,
Beneficial Industrial Loan, common
2
American
9-22
45c
$1.12%
common
Telephone Co.
2c
9-
American Stamping Co.
7%
9-10
(quar.)
10c
9-15
Snuff
American
^9-30
1
10-
(quar.)——_
50c
9-22
preferred
25c
----
9-30
$1.75
give the dividends announced in previous
The list does not include divi-
Extra
5%
8
1
9-10
common,
Ties_
(monthly)—
(monthly) ——,
9-
10-
I
1
——
preferred (quar.)—
i
Belgium Glove 8c
Hosiery
Co.
ada, Ltd., common (quar.)
8-29
10-20
10-
(quar.)
convertible preferred
(quar.)——
1
9-10
10-
Home
9-30
8-31
I
$1
Lumber
Aviation
37yac
&
40c
———.*
Co.,
Belleterre
Rolling
American
Foods
Brummell
Bell
9-15
10-
$1.73
7%
2
A
24c
(quar.)
Inc.
Bendix
preferred
American
T.)
Bendix
Mill,
common——
(quar.)
American Safety Razor Corp.
(quar.)——
American Screw Co. (irreg.)-American- Smelting & Refining————
4ya%
(B.
9-19
10-
9- »
U- 9
9-10
9-19
25c
1
9-27
preferred
9-19
$1.50
10-
1-2-48
9-25
9-10
Beldlng-Corticelli, Ltd.,
4
9-
Radiator
*
American
75c
Name of. Company
9-
9-15
"icommon
10-
10-
pfd. (accum.)—
(irregular)
preceding table
1
12-13
non-cum
10-15
—12c
pfd.
5%
27c
common—
7%
10-
(quar.)
6%
L
25c
9
9-27
1
American* President
American
1
(quar.)____—
preferred
8-12
$U5
preferred
$6
10-
15c
(quar.)
Railway,
(quar.)__—
8-12
37 %C
preferred
10-15
75c
Erie
Co.
1
10-
$1.12%
(s-a)
*
Co.,
11-
$1.75
—.
class A
9-23
& Chemical—
American Hower
9-16
16%c
common-—.—
preferred
4%
prior lien
5(A% convertible
9-30
50c
common—
44
(quar.)_:
Co.,
Lake
9-16
25c
.
Co
convertible
9-30
$1.75
__________44
8-30
9
9-15
10-
—
—
1
(quar.)
$4
9-25
,
Commonwealth Corp.,
Electric
10-15
62(Ac
:
________
_x__„x__~_-._..4.___ 4
Fixture
9-15
10-
(quar.)——
X
Corp.,
common—25c
(quar.)
preferred
$1.25
—
preferred
7%
Class
30c
9-15
8-30
10-1
(quar.)
American Potash
9-15
9-15
8-30
10-
Co. (bi-monthly)
Optical Co. (quar.)
Class' B
.44
•
(cjuar..
Abulbi
'
Co.—
preferred
1
9-30
9-15
10-
(quar.)
7%
'
;
,
weeks and not
yet paid.
uends announced this
9-24
9-10
Meter'
1
10-
(quar.),—
Co., Ltd., $1.40 pfd.
Beech Creek Railroad Co.
(quar.)
Beech-Nut Packing Co.
(quar.)
each
American^-Metal Products———--—---"'American
-
preferred
Abbott
for
Co., common.—
(quar.)—
jpreferred
10-
7c
15c
0-15
3%%
American^ Machine & Foundry
3.90 %
50c
3
9-30
Beaver
At¬
9-25
Whitehall Fund, Inc.Wichita Water Co., 7%
Wood (Alan) Steel
'9-15
of
9-25
(quar.)
9-13
share
10-15
preferred
Below
25C
25c
—
10-15
6%.
y
30c
—
(quar.)
Locomotive
preferred
9-18
9-
15C
Beau
American., Paper Goods Co.—
9-15
9-13
7%
10-15
1
10c
$1.50
(quar.)
I
I
Manufacturing Co." (quar.),—
Refractories, Inc. (quar.)—
Manufacturing Co., common (quar.),,
$1.50
of
10-
11-
10-
—
$1
"
51
•
0-19*
1:
8-29
9-22
7%
York
9-15
9-30
Wentworth Mfg. Co., $1 conv. pfd._—
Penn Electric, $7 class A (quar.)
4
4
9-19
$1.25
West
&
9-
1
40c
Co.,
50c
1
10-
25c
Weber Showcase
5%
preferred
Wheeling
10-
$1.50
American
__444~4-4.4x;y
Western
87 %C
Americto,News
Washington Oil Co.
Wayne Screw Products.—
Penn
4
9-22
preferred
Wailuku Stigar
4%.%
American
25c
56 '/4c
37&C
9-10
Bastian-Blessing Co.
9-
non-cum.
preferred—
(Newark, N. J.) (s-a)_—
Investment Co.
preferred
9-20
8-30
Babbitt
9-16
9-22
preferred (quar.)
Walker <& Co., class A
Western
5 %
1
1
Beatrice
1
10c
American
9-16
(quar.)__^_,____-._____.jv—87(Ac
non-cum.
West
6%
Co.
10-
-—;—
Bausch & Lomb Optical
Co.,
4%
preferred (quar.).
2
1
30c
9-10
68 %C
$1.25
(quar.)
9-16
10-
—
9-15
1
9-15
Ltd.
1
10-
9-30
B.)
A
American3'Ice,
11-15
1
9-
9-30
7%
9-15
1
11-1
9-15
10-
9-15
1
10-
——„—
(quar.),.
1
10-
50c.
9-15
4% %
2
10-
$10c
$25C
2c
American Ins.
11-15.
10-
9-15
$1.50
Wagner Baking Corp.,
,9-15
1
10-15;
1
9-
25c
11-15
I V
12-
9- 2
(quar.)—E"7%c
(J.
class
r
$15c
$25c
Bates
9-30
$1.18%
Inc.
„
Extra
5
$1.12 ya
common
Products
8-23
—
Barber-Ellis,
Basic
(quar.)__—_
(quar.)—
Hydraulics,
9-15
Barcalo
9-15
$1.12(A
Stockyards Corp.—•
Wheeler
.1
1
9
62(-Ac
(increased)
preferred
15%
941
-
10-15
preferred
9-
9-15
30c
9-15
11-
37(Ac
preferred
9-10
$12%c
8%c
5
9-15
30c
Co., common..
(quar.)—————
American ..Home
10-
112-
1st
9-18
9-25
83/4Q
9-19*
50c
Felt
2nd-preferred
9-30
(quar.)
9-
9-15
City Electric
held)
preferred (quar.)
&
1
$1.25
,
_____
56%c
(quar.)
Co., Ltd.—
(quar.)
9-19*
$1.50
—
common—
—4,
(2/100ths
American
11-1
9-17*
2
10-
$1.95
(quar.)__
9-18.
10-23
1
10-
9-15
6
preferred
Extra
common
American Hardware Corp.
50c
—
dividend
10-
35c
—
common
9-18
9-30
50c
.
'
9-19
1-30
10-15
Universal Cyclops
Steel___x__.__.44__~_._-.25c
Extra
.x
...
i4.x__.x-15c
Universal Leaf Tobacco, common
(quar.)—
$1
8%
preferred (quar.)
$2
9- 8.
1
common
(quar.)__
preferred
United
Van Sciver
)-
9-15
10-15
Hoe
Growers
preferred
Bangor & Aroostook Railway—
5%
preferred
(quar.)
Bangor Hydro-EIectrlo, common
9-30
$1.75
(quar.)_
com.
A
preferred (quar.)
Bankers Trust Co. (N. Y.)
$3
Ltd.——_
Electric,
Hair
I
$1.75
share
6%
10-15
Smelting, Refining & Mining—
Common
/>:.
5
^-15
1-0
preferred
U. S.
9-30
,
1 *>■;; 10-16
9-20 :>
1
9-30
30c
__——_
—_________
;?9-17
9-27
Machinery,
$1.31 y4
common
quar.)
lantic
11-14
$1
preferred (quar.)
$6 2nd preferred
(quar.)
United States & International
Securities
Corp., $5 1st preferred (quar.)_—
19-19
°'-h
11*
&
Fruit
Stock
9-18*
10-
10-
8-28
7%
(quar.u———
common
Factors,
Fork
1
1
Co.
convertible
4%
American
5c
United States &
Foreign Securities Corp.—
•'
$4.50 1st
tg-ii
4-0'
Shoe
4*
American Gas
50c
(quar.)_
(quar.)—
9-
75c
American
•
8'7y2C
—
(monthly)
4*
9-20
4%%
.
preferred (monthly)—_____—
Printers & Publishers, Inc.
United
United
9-
(quar.)
Cyanamid,
American
prior
:9-20
41- I
9-30
10-
9-20
9-5.
Fund
preferred
10-15
40c
9-20
9-19
'
6%
25c
1
9-30
,
12-1
1
Co.
.___
Income
9-19
1
50c
(quar.)
(irreg.)
(quar.)_;
I__
10-15
(quar.)
8
11-
7%
convertible preferred
Banco de Los Andes—
American
shares
25c
10-
9-15
(irreg.)—
25c
United
Light & Railways, common
25c
7%
prior preferred (monthly)
58(4c
•.V.'/' 7% prior preferred (monthly)—--—.4.-— "
58Vhc
6.36%
prior preferred (monthly)
53c
6.36%
prior preferred (monthly53c
10-1
12-
preferred
9-16
(quar.)
Y.)
(quar.)
(quar.)
22(Ac
Fund
Fruit
"
9-22
10-45
Bond
United
;9-15
10- -1
convertible
United
(N.
10-
Imperial Diesel Engine Co.—
T%
1
1
9-17
9-11
American
10-
1
1
9-11
3ya% preferred A (initial
quar.)———
American Express Co.
,42: 1
10-
10-
9-25
10-
$1.50
8-22
$1.50
9-15
9-25
9-11
9-25
9-19
10-
1
9-15
75c
Crystal Sugar, common
—
prior preferred (quar.)——
9-30
1
9-11
8-21
1
9-20
(Hartford) (quar.)
Avco Mfg. Corp., $2.20 conv.
pfd. (quar.)_
Avery (B.F.) & Sons, 6% preferred (quar.)_
Avon Allied Products, 4%
pfd. (quar.)
Avondale Mills, common
(monthly)^
Axelson Manufacturing Co.
(quar.)
Ayrshire Colliers Corp. (quar.)
Baltimore Porcelain Steel—
9-10
1
75c
American
9-30
1
10-
9-23
11-
•60c
5
9-12
93%c
participating class A (quar.)—,
Class B
(quar.)
Auto Finance Co., common
(quar.)____
5%%
preferred
(quar.)_____
Automobile Insurance Co.
11-
9-15
$1
Auto Fabric Products, Ltd.—
10-
10-
37%c
9-15
1
12(Ac
quar.)_
—
common
(initial
9-15
$25c
;
—_
$3.50
3
common
1
,
12-
.;
preferred
American Colortype
9-30
12-
10-15
(quar.)
9-18
9-11*
Chemical—
Foundry Co.,
9-22
15c
A
(quar.)
(increased
American Cigarette &
Cigar Co.,
6% preferred
(quar.)—
75c
;
.
class
Stocks..
&
non-cum.
1
10-
1
(called for
10-
50c
9-30
Shoe—
preferred
50c
'
v..
10-20
25c
(quar.)
10-
$$4.25
—
Ltd.,
Allied
12-17
62%c
of
Co.
American Chain & Cable
Co.,
6%
preferred
(quar.)_
American Chicle Co.—
9-16
(quar.)____
(quar.)
&
1%
9-19
1
9-15
1
10-
75c
redemption on
Sept. 30 at $125 plus this dividend)
American Can Co., 7%
preferred (quar.)__
9-10
9-30
12 %c
75c
Canners,
5(4%
American Car
10-10
10-
Co.
preferred
Note,
preferred
American Brake
:V'..
^
10-
9-30
30c
40c
Auto Electric Service
Class
A
(quar.)
20c
—
—-
50 shares
Autocar
5
93 %c
Co
Corp.
Bank
6%
■
9-10
held————
Co.-_—^_„_20c
pfd.
convertible
American
9-21
9-30
Series
9-20
9-
Atlas
45c
(quar.)
50c
8-10
1
9-20
com.
(quar.)
9-30
10-
2
quar.)__
(quar.)
preferred A
preferred B (quar.)
3.75%
Atlas
Corp.
9-10
.
convertible
9-
75o
$250
American Alliance Insurance
American Asphalt Roof
&
„
9-12
12-3
10-10
4%
—
9-21
10-10
8
9-10
1
25o
Extra
9-20
50c
9-
(initial
Electric
Holder!
Payable of Reo.
Share
Refining Co.,
9-15
40c
(quar.)-1
(quar.)
Agricultural
Increased quarterly
9-20
1
$10c
Edison Co., 4(4% pfd.
(quar.)———
Tri-Continental Corp., $6 pfd. (quar.)Tropic-Aire'6% conv. pfd.- (quar.)
Union Twist Drill Co.
(quar.)———
United Cigar-Whelan Stores—
9-15
9-29
1
10-
$10c
Toledo
945
T>.
10-
$1
10-
40o
2(Ac
(quar.)
American
1
75c
;
-u—"
preferred
1
preferred
Amalgamated Sugar
9-15
10-
1
1
Canada, Ltd.—
6%
9-18
10-
$2
iquar.)
Tip-Top
8-30
9-15
for each
2
10-
10-
$1.50
*
(increased).
Amalgamated Leather
Cos., Inc.—
9-30
—
Hart
10-
10-15
15c
—v.,
Tobacco
10-15
10-
of
1
10-15
Clothes, Inc. 4;
—;———55c
Finance Co., common (quar.)—_—___
lc
Time
10- 1
9-10
9-15
Timely
6%
10-15
10-
common——
Corp.,
Extra
.9-12
10-1
9-15
10-3
Atlantic
25c
Aluminum Goods
Mfg.
Extra
;
;
Aluminum Industries
9-27
10c
(quar.)—:
Assurance
A
1
common
Prcpane Gas, 5%
Extra.
Class
3
$1.*50
(quar.)——u
preferred A
Life
11-
10-10
$1.12%
Tacony-Palmyra Bridge Co., common (quar.)
9-22
9-12
stock
Inc.
Chemical
Sun
share
one
9-15
10-15
$1.38
Engineering
Textiles, common
Shop,
$4.50
9-15
-
of
preferred
&
Suburban
9-20
1
(quar.)
1
10-
Co._.—
.
Works
Stern
4»/2%
9-18
10-1
Platinum
10-
11-15
Atlantic City
9-12
75c
preferred
(quar.)
Aluminum Co. of America
9-15
15c
—
common
Stanley
Products
9- 9
9-15
10-
Cooley
of
Steel
Stern
9-15
10-
dividend
1
25c
B
Stanley
10-
8-1$
1
$1.06(4
(increased quar.)
(quar.)__
Corp.
4%
common
1
10-
$3
Stores, common (quar.)
Allis-Chalmers Mfg. Co., common
Aluminium Co. of
'
Company
Associates Investment Co.—
10-
37(Ac
When
Per
Name of
4
New
(quar.)
Dye
Allied
9-15
50c
Radio, Ltd., class A (quar.)____.
(quar.)————
Works (The).(cash dividend)—
Class
811
9-20
1
Steel
&
8-
$1.05
(quar.)
Equipment (quar.)
Products
$3.75
Standard
9-17
1
10-
10-
25o
Typewriters-——
(quar.)—_—
pfd. (quar.)
preferred
(.irreg.)
9-18
9-15
pfd.
Laboratories
Allied
9-19
$$1.25
_.
....
Corona
participating
1
$ 10c
New
Common
1
9-29
Allied
Ltd.—
Clothes, Inc.
5%%
1010-
$15c
Water,
2% pfd. (quar.)
England Telephone
Railway Co., M. & O. stock (s-a)_
Standard Paper Mfg. Co.—
9-30
1
10-15
9-15
Southern
9-25
10-15
1
—..—....
Gold ■&
Allen Electric &
Allied Chemical
1
10-
5c
Pittsburgh
Southern
9-26
10-15
&
Sorg Paper Co.,
South American
9-19
10-15
C.)
10-
Allegheny-Ludlum
10- 1
30c
Corp.———
Brand
10-10
10c
(quar.)———a—:
O.)
(A.
1
30c
Silverwood Western Dairies,
5%
preferred (quar.)
Sinclair Oil Corp.
Smith
9-20
10-
4.20%
4(4%
preferred (quar.)
Alexander & Baldwin, Ltd.
9-16
(quar.)
(interim)--.
B
class
10-13
10-20
Gas
1
1
**
9-30*
9-18
.1
Oil &
51
Holder•
9-15
12.50
Co.,
Vicksburg Ry (s-a)
Inc., common (quar.)
Aldens,
1.
10-
bick's Seattle Brewing & Malting Co.
(quar.)
cjiverwood Dairies, Ltd., class A (quar.)__.
9-23
10-21
;
1
11-
Shamrock
10-15
$1.37%
——
(1091)
Payable of Rec.
5o
(s-a)
Power
&
10-10
25c
preferred
Alabama
10-
10-10
37 %c
—
1
10-
35o
6%
Alabama
When
Share
Corp.
9-22
10-15
$1.06 y4
$1.06'A
—
9-22
Per
Company
Radio
(irreg.)
Canton & Youngstown RR.—
AKron
10-15
1
11-
25c
_
Extra
11-
$10c
Seaboard Finance Co., common (quar.).
$1.50 preferred A (quar.)
$1 preferred B (quar.)
Selected Industries, $5.50 pfd. (quar.>„__.
Shaler Company, class B (quar.)——.......
9-10
9-30
$20c
Co., common
(quar.)
...———.
1
9-30
62 %c
...
Name of
Aircraft
10-
15c
—
9-23
Holdert
Payable of Reo.
$1.25
*
Schuster (Ed.) &
4%%
preferred
£-30
.10- 1
B
Class
9-8
9-15
10-1
"
COMMERCIAL & FINANCIAL CHRONICLE
When
Share
___—
10-,1
10-20
11-
Company
Savannah & Atlanta Railway Co.—
5%
preferred (quar.)__
Seaboard Commercial Corp., common
5</e preferred A (quar.)
gcarfe Co., Ltd., class A
;9- \
,10-15
11-
Name 0}
9-15
9-55
9-15
9-15
9-20
9-20
9-19
10-15
9-26
9-30
10-
Per
10-1
9-25
10-
.
THE
1
10-
(quar.).i..
——
(quar.)
63C
9-£3
9-15
10-
9-
1
9-12
8-23
9-15
10-
1
$1
9-20
50C
9-15
9-13
10-
1
i
9-10*
10-18
25c
500
9-.15
9-22
.
9-13
9-10
9-
1
9-
1
9-10
,
(1092)
THE
Per
Name of Company
California-Western
Share
Life
States
CalUmet
-
&
Hecla
Consolidated
Copper
Camden Forge Co.,5 % % conv.
pfd.
Canada Bread Co., Ltd.—
1st preierred (quar.)
5%
class
B
(quar.)
Canada Cement Co. $1.30
pref. (quar.)
Canada Dry Ginger Ale, common
$4.25
preferred
(quar.)
$4.25
preferred
Foundries
1
Class
A
Malting
Forgings,
Ltd.—
Co.,
Ltd.
(quar.)
Corp. com.
Power
participating
Class
A
10-15
$7$c
,
$$2
conv.
preference
Ltd.,
preferred
common
(quar.)
•
preferred
Canadian Food
Class
*4%%
t$l
t50c
10-
10-
9-10
A
(quar,)^
-.
'
_.
(quar.)
(quar.)
4%
preferred
preferred
$1.50
Capital
Capweil Sullivan
Preferred
&
Carolina
Carrier
&
6%
preferred
preferred
Corp.
E
6%
Case
(J.
7%
I.)
Cassidy's Ltd.,
(quar.)
Co.
9-10
1
9-16
10-
1
9-11
12-
1
11-16
9-30
9-19
9-26
9-
9-30
9-30
9-16
10-
1
10-
1
preferred series B
Illinois Light Cos—
1
9-15
10-
1
9-15
10-
1
9-12
$1.75
$$1.75
__
7 7*
beneficial
10-
60c
40c
10-
10c
9-12
1
9-
2
9r
5
9-22
40c
9-30
10-
1
$1.75
10-
17
70c
9-15
40c
9-
2
$1
com. (quar.)_
(quar.)__,
(quar.)
1
10-
1
9-17
32 %c
■
10-
1
10-
1
10-
1
9-19
.
3.50 %
L
■G%
preferred (quar.)_„__
Central Paper Co.
(quar.)
Central States
Electric, 77* pfd, (accum.)__
6.% preferred
(accum.)___
Central Steel &
Wire; 6% pfd. (quar.)_
Century Electric Co. (cash
_
^
Stock
prior
Chain
Belt
pfd.
$4.50
(quar.)
&
Fibre
Candy Co., b%
Bank
Chesapeake
&
Common
3% 7c
&
Ohio
Co.
(N.
A
(quar.)_
Y.)
Railway Co.
;
9-30
9-20
15c
433Ac
9-30
9-15
37 %C
9-30
9-15
75c
9-10
12 %C
9-20
10- 1
12-12
12-
2
9-15
9-
2
10-
9-19
1
9-19
9-15
9-
Chicago
Towel
Co.,
preference
Chickasha
Christiana
&
45c
(quar.)
2
9-
10-
5
9-15
1
1
9-15
—I
&
pfd.
-IIIIIII
4 7*
pfd.
1st
preferred
7%
1st
2
5
5
9-
8
10-15
9-15
10-
8-25
1
9-20
$1
~
1
9-15'
10-
1
9-15
9-15
8-30
8-3T
2% 7*
9-30
9-15
20c
.
9-15
9-
50c
$1.78
T.
$1 78
)
(quar.).
10-
9-15
—
(quar.)
preferred
99-
15c
(quar.)
preferred
50c
$1.25
9-30
2
9-12
9-15
8-28
Cleveland Electric
9-15
9-
25c
(initial)
9-30
9-19
82'AC
Illuminating,
common
Cleveland Quarries Co.
(quar.)
Cleveland Worsted
Mills (quar.)
OUpiax Molybdenum
Co.__
QUpchfield Coal.
Corp
Clinton
50c
_
__IIII
$1.12%
9-15
1010-
9-
Industries,
Monthly
Monthly I
-
Monthly
Monthly
1
Inc.
.HI"
__IIIIr
5
1
9-
5
9-15
$1.50
9-
2
9-20
9-10
30c
25c
9-22
10-
20o
20c
20O
9-15
:
0,-10
9-19
U-
1
10-15
12-
1
11-15
1-1-48
12-19
9-30
8-29
Eddy
8-
7
Edison
9-18
10-
9-15
Electric
9-
Electric
9-15
10-
1
9-12*
9-15
10-
9-30
Elgin
Elliott
1
10-
1
preferred
Detroit
Steel
_
9-15
Si
Corp.
,
Dixie
Dodge
Corp.
-10-l
•
1
9-13
10-
50c
1
9-15
40c
10-
1
9-30
9-16
9-18
9-30
9-18
$1
1-2-48
$1.25
10-
1
50c
(quar.)
____
&
9-20
Co,
Co.
preferred
A
9-19
Fashion
9-
Faultless
5
Park.
(quar.)
9-25
9-10
9-15
9-
50c
25c
;
10-
$1.12%
(quar.)
1
10-
$25c
1
Bake
Insurance
Federal
Mining
5
Federal
Motor
9-20
9-30
9-15
9-30
9-15
Felt
25c
9-30
9-10
25c
9-30
9-16
50c
9-25
$1.12%
9-10
5%
9-15
9-
2
9-
2
9-20
8-28
$5
9-30
9-
Field
92 %c
9-30
9-10
$1
9-30
9-10
Enamel
Co.
Class
A
B
9-16
Financial
Industrial
9-
Fireman's
Fund
50c
cisco i
11-15
9-15
9-
$4
1-15-48
I-
25c
9-15
50c
9-15
25c
10-20
*
25c
9-15
-
99-
Class
9-27
9-13
9-27
9-13
9-15
(quar.)
9-15
10- 1
9-24
9-
9-24
9- 5
10-15
Food
25c
62'Ac
10-'
1
9-11
10-23
10-
1
15c
11-15
25C
9-26
0-13
8-2?
10-
5
9-lt
II-
3
9-12
10-
9-20
$1
quar.)
9-19
8-21
9-30
9-17
9-30
9-17
9-15
9- 2
25c
30c
com.
(quar.)
9-15
35c
;
9-23
9-13
9-23
9-13
15o
10-
1
10-
8-29
1
35c
$25c,t<
'
„
20c
9-
9-15
;a 9- a
9-19
9—15
i
„
Steel
,<10-1
lc
(San
10-1
.;
(quar.)
50c
25c
4
.
A? 5
i
12-1
•
9-15
,
8-29,
8-29
0-15
r
5
9-20
40C
10-
1
10-1
8^15
75c
9-30
9-19?
10c
9-15
9-
2
62 %C
9-15
9-
2
(quar.)
—
(quar.)_—
50C
quar.)_
v
—
-—.—
—
-
50c
tlS'Ac'C
9-15
0-30
9-15
8iy4<j
Co.
&
8-30>
20C
—
common
-j
i 9-15
(increased)
(initial
»nl3i
9-12»
■
9-15 j
10-
.
17'Ac
(quar.)
9n 5
,
if
•
9tl5.
62'Ac
$1
common
"».
t;nr.
9 - 5)
Fran¬
75c
Corp.
0- 9
,tnO
<)<
9-15
$2
$3
(quar.)
Co.
•
..
.
$3
1<
8-15:
..
9-25",
r
30c
1
9-
9-5
9-20
-
Gas Co, Ltd
Corrugated Paper____:a=B=u—-w
Foster & Kleiser Co. class A
pfd. -(quar.-)iFoster-Wheeler Corp, 67* prior
pi<L>
Common
9-10
1
15c
(quar.)
preferred
Foothills Oil
Fort Wayne
9-15
1
■
B
Foote-Burt
.
10-
5
10-15
,9-30
..
35c
Fund
Indemnity
Sto\es,
preferred
6
9-18
1
$3
Machinery Corp,
3% 7*
$15c
11-
62'Ac
Pennsylvania
Fair
$2.50
8-29
10-25
Food
—
.3 7'Ac
Corp.
9-
miLQc
^
Corp. (quar.)
Shoe, class A
Follambee
9- 6
9-20
—
8-29
I
9-20
9-30
Power
8-30
9-15
25c
of
preferred
Florida
Florshtim
9-15
"
(quar.)
8
:
Stores,
National
8-30
25c
(quar.)
6
9-
(quar.)
7%
$4
10-10
35c
12'Ac
Inc.
J.
preferred
(quar.)
Flintkote Company, common
25c
Ltd.
9-
?0c
Stores, Inc.
Fitzsimmons Stores, Ltd.—
25C
(quar.)
1
1
(quar.).
11-
lc
(s-a)
10-
(quar.)
9-15
First
9-10
9-15
9-15
37'Ac
(irreg.)
N.
Extra
Co.
1
1
1
(see Marshall Field)
America at Bait.—
12 %C
(quar.)
1010-
10-
'9—30'
9- 5
10-
.
Finance
■.
.,,9-15
9-15
40c
(quar.)
9-30
1
>•9-19
■-#
1
56%c
(quar.)
12-23
2
9-29
10-
10c
Shoe
10-
12-23
11-15
-,9-11
^>9-19
10-15
.
$1
Corp.
of
3
8-30
9-29
(Marshall)
Finance
9-
12-31
10- 3
-
50c
Corp. (quar.)
(quav.)
$1.75
Co.—
10-25
$1
$1 1-25-48
9-15
$1
12- 1
$1.25
25c
of
Gas
tl 75
10-
9-19
25c
Smelting
12%c
1
1
50c
(increased
Class
Y.
10-
(Syra-
Products of
Canada, Ltd. (initial),—
Fidelity Fund, Inc. (quar.)_
Fiduciary Trust Co. (N. Y.) (quar.)
2
9-19
65c
Fibre
-
5
1
60c
(quar.)
Mfg.
preferred
Ferro
9-15
25c
5
9-
30c
Extra
$1
.
9-
9-17
$50c
&
Curmc
8-29
9-17
^i$2.5ft'
12%c-
Truck
Tarrant
&
9-25
9-15
30c
(quar.)
Works
Feltman
1
1
9-15
25c
—
Water
&
10-
10-
25c
Screw
Federal
$25c
(quar.)
—
-—
Federal
9-12
10-
.
;
(quar.),
Extra
&
2
9-10
9-30
Corp, Ltd.—
Shops, Inc.
9-20
:
$2.50
Co.
Co.
9-22
9-
1
$3.50
Co
Federal
8-22
1
9-15
50c
(quar.)
(quar.)
Inc.
Rubber
8-18
10c
•_—
Federal
9-15
1010-
28c
—
1 *'
9- 6
$20c
Quaiterly
Birmingham
10-*
8-30
9-22
60o
'
Canadian
9-18
50c
(quar.)
~~i-
1
9-20
60c
.
10-
9-10
1
9-10
9-18
40c
—__—
Equipment
Farrell
$1.12%
1'
75c'v
1
10-
1
25c
Farmers & Traders Life
Insurance Co.
9-15
5
9-19
10-
$1.12'A
common__
Fanny Farmer Candy Shops
6
9-
9-30
62%c
(quar.)
Co, 5% preferred
Extra
9-18
9-16
10-
50c
Quarterly
12-18
10-
$1
commoiiiai.;
Corp.
10-20
5
9-19
15o
Co.
Products
4%7*
9-
1
25c
(s-a)—
Famous Players
10-
9-10
$1.75
_____
9-30
9- 5
9-20
10c
Inc, common (quer.)_,___
preferred,.'(quar;)
Ewa Plantation Co.
(resumed)™.
Ex-Cell-O
Corp.
Fairmont Foods,- 4% preferred
(quar.)_____
Common
(irreg.)
Family Finance Corp, common
(quar.)
9-13
9-20
9-15
$1.50
___
57*
8-22*
1
9-15
$1.50
(accum.)
2
8-16
10-
$2
i
common
9-
9-10
9-15-
$1.37%
Eversharp,
9-10*
$2
'
A
(quar.)
(irreg.)
"
$1.25
(quar.)
(accum.)
Manufacturing
Evans
9-ltt
9-24
25c
—
Doehler-Jarvis
5
1
9-30
20c
(quar.)___
European & North American
Railway. (s-a)_
9-10
10-
$1.06%
—
Extra
Productions,
A
9-
9-30
"
40C
common
pfd.
(quar.)
Co.
'■♦Extra
(quar.)
Co.;
9-25
40c
9-15
9-15
9-15
20c
pfd.
5v
9-25
$250
(quar.)
(quar.)
pfd.
Railroad
9-30
$80c
class A—
Mig.
9-
9-25
12 %C
—
Quarterly
Erie
9- 5
9-15
10c
Works_____
Derrick
1
20c
(quar.)
Capweil
Coach
1
9-30
9-20.
9-20
50c
preferred
Erie
8-29
25c
Corp.-Seagtams,
class
9-15
55c
:
Cup
$2.50
9-15
1
1010-
12'Ac
Fund^
—,—
Emsco
2
9-18
10-
-*1*0
2'
(quar.)__;
-
9-
7%
1
2
12'Ac
preferred
~
1010-
35C
A__
Extra
9-25
10-18
35c
Dewey & Almy Chemical Co
Diamond-T-Motor Car (quar.)
.preferred
9-15
9-15
93%c
_
Extra
6,%
9-15
100%
Realty
Tunnel
Extra
Diebold, Inc.
Disney (Walt)
2
9-3 0
10-15
$10c
Vilbiss Company
Devonian Oil Co.
(quar.)
Stores
9-
9-30
9-26
$1.31%
De
Diana
2
9-20
25c
(Texas) com
(quar.)
El Paso Natural
Gas, commbn__,
Embassy Realty Associates—_—
Emerson Drug Co., 8%
preferred (quar.)—
Empire District Electric, common
(quar.)__
Empire Steel Co.
9-17
2
2ao
—
9-
12-
10-
'
Inc.,
Electric
$4,50
12-15
25c
Watch
57*
Emporium
A
(quar.)
Mortgage
River
Co.
9-
$1.50
common
(quar.)
Light $6 pfd.
(accum.)
National
9-15
9-15
(quar.)
&
Oil
9-15
$1.59
—
9-17
9-29
1010-
Corp.
Dorado
9-12
10-
$1.50
$1.12%
_____
(quar.)
Detroit
El
El Paso
Detroit Aluminum &
Brass
(quar.)
Detroit Harvester Co.
(quar.)
Detroit
Electrolux
9-26
preferred
4%
preferred
(quar.)
Dentist's Supply Co. of N.
7%
preferred quar.)
Stove
8-25*
9-15*
1
9-22
25c
9-10
Fund
Inc.,
&
preferred
Electrical Products
10-15
25c
8-26
9-30
preferred
Power
$7
5c
Oil
Detroit-Michigan
Ferries,
prior
25c
common
preferred
Controller
Electric
10-
25c
Corp. (increased)
Deerfield Packing, 4%
7* pfd. (quar.)
Delaware Fund,
Inc.
(quar.)
Delaware & Hudson Co.
(quar.)—
Delaware-New Jersey
Ferry
Delaware Power &
Light—
3.70% preferred (quar.)
7*
G7e
9-15
$1.37%
(lrreg.)
Corp.
(quar.)
Records
Rock
9-12
9-12*
(increased)—
(quar.)
Ltd., class
Frere,
1
9-30
1
—
Stores
(Thomas A.)
Class B '
2
10-
(resumed))
9-15
9-15
$1.50
Egry Register Co. 5'A%
1
75c
10-10
10-15
20c
25c
preferred
1
25c
10-25
$1.25
Stores—
participating
9-18
93%c
$1.12'A
Trust, Ltd
Corp, Ltd. <quar.)
Co, Ltd, class A (quar.)
1
Inc.—
prior
Corp.—
Mills,
Bros.
10-
25c
.
.9-19
10-10
Investment
Paper
4'A%
30c
.9-26
10-25
.
87%c
(quar.)
Balanced
Edison
$1.12'A
25c.
9-15
c ,vv
(quar.)
Corp.,
Stock
9-15
$1.25
Fbher
Economic
9-20
25C
9-15
9-20
B
Howard
Howard
9- 2
1
(quar.)
Machine
1
(qua
(quar.)
(quar.)
Co.,
A
9-15
&
&
8-30
9-20
9-15
10-
—___
10-
—
Distillers
1
9-30
'
class
Eaton
1
1
1
(increased)
common
$16%c
(quar.)
Chemical
Extra
9-30
200
^
8
9-
1
_
III™
8
9-15
10-
10-
1
(quar.)
value
Co.,
preferred
Common
10-15
10-
10-
(quar.)
40c
.
Sugar
.67*
Easy Washing
10-
Railway—■
10-
series
Co.,
9-15"
10-15
Associates—
par
9-
10-
—;——__—.—
no
9-
10-
$1.12%
(quar.)
Kodak
Ecuadorian
common
preferred
&
5%
11-18
11-10
a-lfl-4R 2-10-48
9-15
8-28
50c
preferred
David
Deep
9-
9-15
9-15
9-26
20c
Seal
Extra
$1
(s-a)
&
Decca
9-20
1
9-26
$25c
—
Cigar Corp
River
4'A7c
Davison
$37
(quarIF
I
G.
8-23
$1.75
(irre-g.)
&
non-cum.
W,
8-23
9-20
1
10-
and
par
Eastman
1
$1.75
Chemical
preferred A
preferred
1
10-
93%c
1st
$50c
—.
(quor.j
America
9-15
10-
"
5
9-15
75c
(quar.)———
Fuel
9-
9- 5
50c
(accura.)
prior preferred (quar.)
Massachusetts Street
1st
$1
8
Co., Ltd.—
*
preferred
(quar.)
of
Curtiss-Wright
9-15
25c
I™
II™"*"*
common
(quar.)
3% 7*
1
&
10- 1
9- 1
75c
de Nemours & Co.—
&
10- 1
10-15
$1
preferred
Eaton
(Del.)
Curlee Clothing Co.—
4% %
preferred (quar.)
Curtis Publishing, $4
9-30
9-16
10-
9-15
67 7/l0c
preferred A (quar.l
Eastern Racing
Association, Inc.—
Common
(quar.)
—
.
Sugar, 57*
9-15
$1
8-
$1.25
Extra
9-15
$1.75
III
(quar.),
Electric,
5%%
1
9-15
10-15
—
Inc.
Sulphur
Gas
67*
9-15
35c
I.)
Texas
67*
10-15
12'Ac
Cunningham Drug Stores
25c
'
(quar.)
Street
Railway
Corn.
<initial)
Mfg.
(Chicago)
Common (year-end)
Cuban Atlantic
4
10-
3
9-30
$1.25
—
(Boston)
(increased)
Corp.____—
L.), Ltd.
Cuban-American
Daniels
4
9-
11-
1
25c
(quar.)
Plastics
Eastern
10-15
10-
——
30c
RR.-I"
Co.
Steel
Cork
Dan
9-
9-25
3
25c
$2 preferred
(quar.)
Crown
Ze'llerbach
corpj
Crucible Steel
Co., 57* conv. pfd. (quar.)
Crum &
Forster, 8% preferred (quar.)—_
12 %C
____
Bend
(quar.)
7%
'
Crown
8
9-25
5
9-13
11-
$1.12%
(quar.)_
Crompion & Knowles Loom Works—
67*
preferred -(quar.)
Crowell-Collier Publishing Co.
(quar.)
Crown Cork
International Corp.—
Class A* (accum.)
9-
10-15
9-
10-
common
preferred
Duval
1
1
(initial)—,
(quar.)
International
(quei.)
(E.
Durez
9-20
82
(quar.)
Oil
Common
$2
2
9-15
1
40c
(quar.)
CO-,
10-
25c
common
Oil
Securities Co.,
(quar.)
Gas
Cinzano Ltd.
'
(R.
D.
9-
1
50c
.___
Stores,
(quar.)
Assurance
preferred
Crain
1
$5c
9-15
90c
common
preferred
(quar.)
Duquesne Light Co., 57* pfd.
10-
9-30
1
10-
$50c
preferred
$3.50
10-
11-
37'Ac
$4.50
10-
$1.25
1
25c
"!—II™
City Auto
Stamping Co. (quar.)™
City Ice & Fuel Co.
(quar.)
1™™
City of Paris Dry Goods—
'4
'
$5.25
10-
50c
duPont
3
9-10
37'Ac
(quar.).
Continental-United Industries
Cooper-Bessemer Corp., common
$3 prior preferred
(quar.)
Cornell-Dublior Electric
11-
8*
8-29
9-
Co.,
Bradstreet,
9-15
37'Ac
Stock dividend
10-
Dunhill
9-15
11- 1
$50c
new
9-30
12-31
8-18
9-15
$$1.75
(quar.)
12-31
1
$25c
$$1.25
(initial)(quar.)
preferred
&
87*
Steel
preferred
87'Ac
(quar.)l
- _•
Cotton
preferred
Cincinnati
Ctn^«*)or
1
10-. 1
10-15
■
South
preferred
Cincinnati
10-
25c
—
;
Reduced
4% %
5 7*
75c
preferred
Co. (quar.)_
Chicago South Shore
5 7*
9-10
9-10
(quar.)
convertible
Extra
7*
1
$1.12%
50c^
pfd,
Chesterville Mines, Ltd
Chicago Mill & Lumber
(quar.)
Chicago Rivet & Machine
(quar.)_
Extra
4
9-10
1
10-
25c
conv.
Trust
Chesebrough Mfg.
7%
9-30
10-
$1.50
*8-25
7%
4%7o.
(interin
3%7*
preferred
(quar.)
Continental Car-Na-Var
Corp
Continental
Diamond
Fibre
Continental Foundry & Machine—
preferred
Chemical
7%
r
5
87 %c
Co.
<quar.)__
Chapman Valve Mfg.
(quar.)_
Chase
-
:30C
Or
9-15
35c
.
Creameries
9- 18
-3V,
$1.12%
Co
Champion Paper
.356
15C
;
Century Ribbon Mills (quar.)
Certain-Teed Products—
4 % %
r
4'A7*
62 %c
9,720
27c
dividend)
dividend
t.
9 -30
Co., common
(quar.)___.
nrefovred
10-1
9-12
9-10
Eastern
*
Ctane
$1.12%
(quar.)
preferred
Common
Power
1
U-
1.'.
A
9-2$
9-2$
9-30
2-2-48
$25c
(quar.)—__
9-10
1
$25c
Corporation, 4 7* preferred (quar.)—
Industries, 3% 7* pfd. (quar.)
1
U-
Ltd.—
(quar.)__
9-30,
2-2-48
Dresser
10-
9-15
$25c
$•32'Ac
preferred
Dravo
9
10c
9-19
4V3%
9-10
9-
75c
7
Trust
s.—
preferred
10-
25c
:
(quar.)
Retail
Consolidated
9-19
$1.02%
$1.02%
preferred' (quar.)
Illinois Public
Service—
47c, preferred
(quar.)
4% 7*
Continental
—
Central
Central Investment
Corp.
Central Maine Power
common
Class A common
Consolidated
Continental
8-15
9-16
Extra
10-15
1
$$1.25
$$1.25
Inc., 67* preferred
Paper, Ltd. (s-a)
Draper Corp.
9-25
9-30
$25c
Increased
9-16
'
2nd
$$1.50
preferred
9-16
.
9
25c
(quar.)
Corp.—
(accum.)
A
Consolidated
Paper,
Ltd
Consolidated Press, Ltd.—
9-16
$1.1834
interest(N. Y.)
1
10-
9-
Cement
class
Continental
$1.50
,
9-30
12'Ac
(quar.)
Continental Baking
Co., common
$5.50 preferred (quar.)
Continental Can Co., common
3
9-15
$4
10-15
$35c
«
10-15'I
10-
$25c
.
(quar.)__;
Dow-Chemical Co.,
'
(Toronto)
9-16
1
9
50c
—
9-
9-23
9-
Duke
9-30
10-
9-15
Dun
9-19
10-15
8-12
9-30
12'Ac
Co
Assn.
57c
preferred
(quar.)
Consolidated Investment
Irregular
Consolidated Lithograph
9-16
8
$1
Quarterly
"
1
10-
25c
Central Illinois Electric
& Gas,
''
4.1070
preferred series'A
Central
9-15
9-10
10-15
Corp.—
(quar.)
4 'A %
preferred
(quar.)
Consolidated Grocers, common
9-19
10-
Life
(Bait.),,
47c
9-19
1
5C
(quar.)
Central Hanover Bank
Si Trust Co.
4.10%
1
1
10-
50C
'
>'
9-19
10-
$2
common
of
10-
1
Donnacona
9-17
.•
$35c
(quar.)
Donahoe's,
9
Power
Co.
10-
$1.25
(quar.)
preferred ctfs.
Cold Storage
9-12
50c
preferred (accum.),
Corp. of America
(quar.)_
Celanese Corp. of
America, com. (increased)
84.75
1st
preferred
(quar.)
77c 2nd preferred
(quar.)
Central Coai & Coke
Corp.—•
4%
9-26
25c
Catalin
Cgntral
9-15
25c
(quar.)
(quar.)
Co.,
preferred
9-30
9
9-
37'Ac
'
_______
A
10-31
10-15
50c
(quar.)
Carr-Consolidated Biscuit
Carthage Mills, common
T
9-12
37 %c
(quar.)
Furth Oak—
General
1
$1
Telephone & Telegraph
(quar.)
Corp., 4% preferred
(quar.)
Carrier
10-
9-
9-24
90c
Consolidated Chemical
Industries, Inc.—
$1 partic.
preference class A (quar.)
$1 partic preference class B
(quar.)
Consolidated Cigar Corp.
(quar.)_.
Consolidated Edison Co. (N. Y.)
Consolidated Gas Electric Light &
9-30
$37'Ac
(quar.)
preferred
10-15
9-24
.
.
$44c
(quar.)___—
preferred
50c
Quarterly
$1.40
77*
50C
—
(quar.)__;—
Publications
Consolidated
Ltd.—
Carborundum Co. (quar.)
t
Carey Eaxter & Kennedy______.
Carey (Philip) Mfg. Co., common
57*
9-13
9-15
$$1.25
^——
(quar.)
______
8-29
1
$35c
Mills
Co.
Transit Co.
1
10-
$75c
(quar.)
Boxes,
(quar.)
A
10-
1
50c
Connohio,
8-29
t$2
Ltd.
Wirebound
class
1
$$1
$$1.25
Westinghouse,
3
9-15
10-
Common
9-30
$25c
Voting trust certificates (quar.)
$1
preferred
(quar.)—
Dominion Textile Co.,
Ltd., com.
50C
Inc. (quar.)
Connecticut Light & Power
(quar.)
Inc., 40c preferred (quar.)
Consolidated Bakeries of
Canada, Ltd.—
8-29
10-
Nast
Service
Congoleum-Nairn,
8-29
$17%c
$$1.75
(quar.)_
(quar.)
(quar.)
"
9-
1
1
$20c
(quar.)
5%
1
10-
10-
$$2
$17%c
_________
___
Ltd.
Canadian Oil Cos., Ltd.—
Cannon
Confederation
$75c
Electric
Ingersoll-Rand,
8% preferred
Canadian
Conde
9-3
1
1
(accum.)
Public
9-12
1
10-
preferred
9-12
9-30
$$1.12%
Investments, Ltd. (quar.)
Canadian Ice
Machine, Ltd., class A___
Canadian Industries,
Ltd.,'common (quar.)_
Canadian
9-30
10-
8
9-15
10-
.t
..
(quar.)
preferred
$3
Compo Shoe Machinery
;9-30
$30c
*
preferred
Community
9-12
$50c
$25c
$6
910-
1
,
&
Co.,
9-30
10-22
10-
12'Ac
r-
.
Holderj
o/Rec,
Payable
15c
preferred
5 7*
preferred (quar.)
Dominion Stores, Ltd.
(quar.)_
Dominion Tar & Chemical
9-20
37%C
(quar.)__.
Southern
9-10
9-10
$25c
General
Canadian
,
25c
$1.75
—
9-15
1
6c
&
10-
$183/4C
(quar.)
General
9-10
10-
37'Ac
Corp.
10-
$55c
_
) Quarterly
Canadian
Canadian
quar.)
$15c
$433/iC
(quar.)
pref.
10-
Common
5%
Commercial Solvents Corp.
(reduced)
Commonwealth Investment Co.
(Del.)—
Quarterly
Commonwealth
9-11
9-30
$1.50
3.60'A
preferred
(quar.)
Commercial Shearing &
Stamping—
New common (initial)
8-31
9-11
1
(monthly)
Dairies, Ltd.—
Foundries
When
Share
Fields
(quar.)
Steel, Ltd. (quar.)_
Dominion Glass Co.,
Ltd., common (quar.)_
7 7*
preferred (quar.)
Dominion Malting Co., Ltd., com.
(quar.)—
9-10
1
10-
87'Ac
(quar.)
0-10
9-15
$5.60
—
Combined Enterprises,
Ltd., 5% pfd.
Commercial Credit Co., common
8-29
10-
"
Canadian Foreign Investment
Corp., Ltd.—
7%
11-30
$25c
Ltd., common (quar.)____
(quar.)
Products, Ltd., com. (quar.)
6%
■
9-15
$31 (4c
.
(increased
Extra
8-31
12-15
Corp
10-
Oil
non-cum.
Dominion
Co.—
Columbian Carbon Co. (quar.)
9-19
t$2
''
(quar.)__
$1.75 preferred
(quar.)
Canadian Cotton3,
■
1
9-15
57*
9-17
9-30
75c
Baking
Pictures
Dominion
9-11
1
Company
Domingue-z
9-15
9-25
10-
25c
—
(quar.)
$10c
Celanese,
series
10-
10-15
$5c
non-cum,
Participating
SI
2
t$2
quar.)
Participating
2
9-
t50c
B
Canadian
;
9-
1
A
Participating
$1
1
10-
(quar.)
Steamship Lines, Ltd. (s-a)
&*
Gable, class A (interim)
(interim)
(resumed)
Canadian Breweries, Ltd.
(quar.)
Canadian Canners, Ltd.,
common (quar.)—
*
1% 1st preference
(quar.)__
;
60c
10-
50C
__
$1.75
(special)—
Co., common (quar.)
50c
participating preierred (quar.)
9-19
$25c
;—
(Interim)
9-25
Per
Name of
9-30
Electric—
Manufacturing Co.
Columbia
9-19
Canada Wire
Class
preferred
Columbia
(s-a)
(s-a)
Permanent Mortgage
Colt's
8-15
10-25
B
Class
8-29
9-15
common
&
International
Common
0-15
t50c
Co.,
Gas
'
10-10
35c
Colonial Ice, $6 preferred B
(quar.)
Colorado Fuel & Iron Corp.—
„
t$1.75
class
$3.50
9-15*
$15c
(quar.)
Colgate-Palmolive-Peet
9-15
(quar.)
Monday, September
15, 1947
When
Holdert
Payable of Ree.
17'AC
—
(quar.)
Counties
Coca-Cola
9-15*
1
1
preferred (quar.)
Canada Packers, Ltd.—
$1.50
1
10-
_________
7%
Canada
10-
10-
&
preferred
quar.)
4% preferred A (initial
Ccca-Cola Company
8-20
$1.06%
$37V2c
Northern
Canada
9-20
15c
CHRONICLE
Share
(Initial
Co.
Peabody
7%
Coast
9-12
$1.06'A
_
Cluett
9-12
1
Chemical
9
9-15
1
10-
$32%c
9-
1
10-
$62'Ac
(quar.)
Canada
Canada
10-
$$1.12%
(quar.)
&
9-23
343/8C
—
8-29
Corporation
Clorox
8-29
9-15
15c
(quar.)_
4% cJo
Canada
Name of Company
Clopay
fi-lb
50c
-
FINANCIAL
Per
Payable of Rec.
50c
—
&
Holdera
Insurance—
Semi-annually
Special
When
COMMERCIAL
:
52
••••'
8-29
9-15
0-
10-
25^) I
87%b>7i:io.
5.
9-13
1
9-15
L.
1
37%Q r.40- %;.<&
8-30
9-15
9-}5
I
1947
Number 4629
166
Volume
THE
Per
Name
9-17
"•
■
I
I
V
I
9-30,
I
9-l0
9-28
9-28
9-30
■
I
■
12-31
H
9-30
■
12-31
8-18
■
I
10* 1
1°- 1
9" 1
9" 5
prankfort Kentucky Natural Gas
prilSer Companies,
Ltd. (quar.)
Extra
I
■
9- 5
■
9- 1
M
9" 1
I
I
10" 1
1°- 1.
10" 1
8-30
9-20
9- 2
9-15
9-15
■
I
■
■
■
I
■
9-20
(Increased
_
9-15
■
B
Power
4
Co.,
$5
(quar.)
Products
% %
9-30
0-15
<9-30
9-15
9-30
9-20
Co.,
pfd.
9-10
Hendry
;8i29
10-
1
9-
5
9-15
9-
5
10-
1
10-
$2
10-
1
10-
9-
1
9-15
9-
50C
9-30
2
_
25C
9-15
11-25
9-
$1.75
10-
9-18
$1.25
$1.25
10-
10-
6
93%C
11-
10-
6
25c
9-10*
10-
10c
25c
$1.50
$1.37 y2
$1
11-
9-
11-
1
10-
1
Tubes
$1.50
10-
I
9-10
Howell
9-
5
Hubbell
9-13
Extra
10-
1
1
9-17
10-
1
9-15
10-
1
9-15
9-22
8-29
10-
5
30c
9-20
9-
2
9-20
9-
2
40c
60c
56 %C
25c
$1.50
9-11*
1
9-15
9-
9-15
10-
1
9-30
40c
2
9-15
10-15
9-
9-30
9-30
8
:$1
9-15
8-15
9-15
8-15
1
$$3
9-10
'■
9-15
9-15
preferred
1
9-20
9-15
10-
(N.
Co.
10-
1
15c
Engineering Works
Great Lakes Paper Co., Ltd.—
Class A preferred (quar.)
$1.20 new class B preference (initial):.-—
Great Lakes Plating Co. (quar.)—
Great West Saddlery, 6% 1st pfd. (quar.)
6%
2nd preferred
(quar.)
Great Western Sugar, com. (increased quar.)
7% preferred
(quar.)
Greening (B.) Wire Co., Ltd. (quar.)
Greyhound Corp., new common (initial)
4%%
preferred (quar.)
Griesedieck Western Brewery Co
Griggs Cooper & Co.,
5% 1st preferred (quar.)
Grinnell Corporation
Group No. 1 Oil Corp.——
Grumman Airoraft Engineering (Irreg.)—Guantanamo Sugar Co., $5 pfd. (quar.) —
Guaranty Trust Co. (N. Y.) (quar.)
Gulf oil Corporation
(quar)
$62y2C
9-30
9-12
9-30
8-30
$75c
9-30
8-30
40c
$1.75
$5C
25C
$1.0614
75C
$1.25
25c
—
$50
$1.50
1010-
10101010-
10-
99-
1
9-15
9-25
1
8-29
9-20
9-
9-29
2
10-
1
9-10
$3
10-
1
9-10
25c
10-
1
9-
5
25c
.
10-
1
9-
5
Gulf Power
Co., $6 preferred
$1.50
Gulf' States
$1.10
9-15
$1.50
9-29
(quar.).
pfd. (quar.)
Guilford Realty Co (Bait.), 6% pfd. (quar.)
Gypsum Lime & Alabastine (Canada) —
Quarterly
-
$200
—
preferred
preferred
Gas Coi,"4% %
10-
1
9-15
25C
——
steel Corp.
pfd?) (quar.)
5
9-15
$1.06 y4
preferred :(quar.) .ji
Harrisburg
9-
9-20
5
1
$1
8-19
9-15
8-19
9-15
common
Department
of
:
(quar.)—.
Ltd.—
Common
(final)
9-12
9-30
9-5
9-30
9-
0-s23
5
5
9- 6
9-30
8-29
9-19
9-15
0-15
9-15
10-15
8-29
9-15
9-30
9-30
10- 1
10- 1
10- 1
10- 1
10-15
0-15
10- 1
i
7%
preference
A
7%
preference
preference
C
5%
preference
Jamaica Water Supply,
9-13
9-25
9-15
6%
9-15
9-15
9-20
8-29
9-15
■
_
10- 1
10- 1
10- 1
9-15
9-15
9-15
8-29
8-29
9- 2
11-10
8-30
0-8
9-15
9-15
9-15
12- 1
9-15
10- 1
'
_
J
„
Co.
Johns-Manville
Johnson
&
(quar.)
Corp.
Jones
5%
(initial
Kansas Electric Power,
Katz
Drug Co.,
$4.50
preferred
(quar.)
1
9-20
Kayser
10-
1
9-20
Keith
$2
(Julius)
&
(quarol
pfd.
10- 1
9-15
10-1
9-20
9-19
9- 0
8-28
9-5
9-5
(qua"r.).
Kelley Island Lime & Transportation (quar.)
9-15
10-
$75c
12-11
Pi?e> Co., common (monthly)
preferred (quar.).......
preferred (quar.).
10-
steel
Chain
(quar.)
Extra...
5
8-27
8-27
9-10
12-
4
9-
8
12-22
9-
8
9-10
9-15
8-22
10-31
9-30
125c
1-31-48
12 V3C
9-15
11-
1
$1.75
10-
1
9-16
9-27
(Marcus)
Lord
Baltimore
..........
Theatre, Ltd. (quar.).....
Corp. (quar.)
Cement
(quar.)..
11-
1
9-10
9-
3
1
9-11
10-28
17 VaC
9-15
9-
9-30
9-13
12-10
11-21
3-10-48
2-23
12-10
11-21
2-23
9-30
$2
10-
5
9-20
1
9-20
1-2-48
12-22
10-
1
9-15
10-
1
9-15
37 Vac
9-30
9-13
$$1
9-30
9-10
87 VaC
9-30
9-11
*1.75
Taylor, common (quar.)...
(P.) Co., common (quar.)
preferred
1
10-27
10- 1
9-17
25c
10-
1
9-10
...........
(quar.)
$1.75
10-
1
9-10
Angeles Transit Lines (quar.)
Louisiana Land & Exploration Co.
Louisville Gas & Electri"
preferred
11-
S3
...
Los
5%
2
Hotel—
preferred
5%.
9-
10-
10c
(quar.)
Star
12-31
30 c
...
Inc.
8-30
40c
$25c
$2
...
Co.
($100
par)
prelcrred
($25
12 %C
37 %C
10-15
9-30
$1-25
10-15
9-30
31 %C
10-15
9-30
50C
9-36
9-19
$17%C,<f110-15
9-15
par)
Electric
.....
(quar.)..
(Ky.l, common
(quar.)_._
Light..
...
......
"
...
0-30
20c
9-15
9-15
2*
9-
Lowney
(Walter M.) Co., Ltd.—
Increased quarterly
;
Ludlow
Lyon
Mfg.
Sales
&
Metal
Co.
Products,
if
T
,,n
(quar.).....
(quar.)
$1.50
common
9-15
1
25c
9-15
Mabbett; (G.) & Sons 7% 2nd pfd. (quar.)..
Mines.
Macfadden
$1,50
Mack
$ 2c
Publications,
participating
Trucks,
5%
common....
Steel—
A
Class B
<R.
Extra
'
10-
1
1
9-19
9-26
9-12
9-19
(quar.)...
R.) Export Co., Ltd.—
quar.).......
(initial quar.)
...
$$1.25
9-15
8-30
$12 VaC
.....
9-30
9-10
(H.
H.)
& Co.
$ 7 Va C
(increased)....
—
dividend
50c
10-
1
50c
10-
1
..........
...
Manufacturers
Trust Co.
(quar.).
...
Mapes Consolidated Mfg. Co. (quar.)
Marathon Corp.,
5%
preferred (quar.).
Marchant Calculating Machine Co.
(quar.).
Maritime Telegraph & Telephone, Ltd.—
(quar.)
preferred
(quar.)
Son,
ft
Field,
Martin-Parry
(quar.)
—
preferred
(quar.)
1
8-29
9-30
9-12
40c
10-
1
10-
*
1
Second
9-25
9-19
25c
9-15
9-
25c
9-20
9-10
30c
10-
COc
10-
60c
1
1
9-15
$1.25
10-
1
5*
9-15
9-
9
8-30
-20
50c
10-15
-30
10-15
9-20
10-15
9-20
10-
1
9-20
25c
10-
1
9-20
10-
1
40c
$1.06%
9-30
—
5c
12-15
—
—
Investors
8-25
—
Marven's,
Massachusetts
8
8-28
20c
.......
Corp.
8
9-
9-15
10-
$1.50
$17 VaC
...
Inc.—.—————
4%%
20%
.
$20c
....
Market Basket, Inc., common
$1 preferred A (quar.)
<M )
-
25c
25c
prior
9-10
9-
9-15
i25c
(quar.)
pfd. (quar.).
Maine Public Service Co. (quar.)....
Mangel Stores Corp. (quar.)
Mansfield Tire & Rubber, "common (quar.).
$1.20 convertible preferred (quar.)
Common
9-30
...
....
i.
....
Magor Car Corp. (irreg.
Maine Central RR., 6%
Marsh
1
8-18
r
.
(initial
Magma Copper Co
Magnavox Company (cash dividend)
7%
5
10-
$1.25
...
Macy
9-15
9-
9-
9-20
50c
...
...
Structural
1
50c
preferred..
Inc.
preferred
Class
10-
Ltd..
Fund—;
9-13
9-15
12-
1
15c
10-
4
9-20
$$1.25
10-
1
9-15
37 Va 0
10-
1
9-15
$1.12%
10-
1
9-15
9-20
8-29
,
Mastic
Asphalt Corp.
7%
Alkali
$500
9-15
8-15
—
62 %c
0-15
8-15
——
10c
9-15
9-
2
20c
Massey-Harrls, Ltd., common
6V4 % preferred (s-a)
9-15
9-
2
37 %c
9-30
9-
8
9-30
9-
8
(increased) —
(quar.)
Works
preferred
(quar.)..
——
Co., com (initial)..
preferred (quar.)—.—.
McBryde Sugar Co., Ltd....
McClatchy Newspaper, 7% preferred (quar.)
McAle-er
5%
Manufacturing
convertible
9-19
9-19
McCrory Stores Corp., common (quar.)
$3.50 convertible preferred (quar.)
9-30 a- 9-22
1
9-22
$1
......
10- 1
10- 1
9- 2
9-15
9-15
1
11-
$1.10 3-10-48
Joint
McCord
..
9-15
IOC
$25C
5
9-19
50c
9-15
8-30
9-15
15c
11-15
9-17
9-
50c
10-1
9-15
10- 1
..
25c
1
$1.10
$1.25
12'/ac
$1.12Va
9-15
10- 1
10- 1
9-15
10-
9-22
8-22
25c
(quar
9- 5
9- 5
25c
1
RR.—
(quar.)
Mathieson
9-15
1
10-
—
(quar.)
8-29
10- 6
10- 1
$1.25
50c
10-
250
8-30
(quar.)
10-15
$7c
50c
(Ind.)
9-15
Co
$$1.50
37 V'aC
9-15
9-15
(quar.)
(Genrge E.) Co., $5 pricr pfd.
Junior prior preferred (quar.)
7%
25c
$1.75
5 % preferred (quar.)
(quar.)
1
8-15
20%
$1
common
9-15
9-10
2c
15c
(quar.)
9-15
$18C
10c
10c
Vegetable Parchment Co.
10-15
$2
•
50c
$1.25
s-a)
Laughlin Steel, common
preferred A (quar.)
1
9-30
(quar.)..
9-30
&
9-15
11-
20c
9-10
$1.25
9-11
10-18
1
1
Ltd., 5% preferred (quar.)——
Maryland Drydock Co., common
—
4% %
preferred (quar.)
(increased)
1
1
8-29
8-29
9-99
9-15
Johnson—
common
9-18
1110-
10-
Mar-Tex Realization Corp
..
New
1
10-
8-29
8-29
$1.50
3iy4c
60c
35c
12-22
10-
25c
9-27
(quar.)
12-Y9
82 VaC
10- 1
10- 1
10- 1
10- 1
—
9-22
9-19
10-7
'
0-10
8-25
9-29
I
guaranteed
Lowell
9-10
9-15
9-20
75C
(quar.)
Special guaranteed
Original capital
Original capital
7%
9-25
...
79c
Telephone Co.—
preferred (quar.)—
Steel Co., 5% preferred
Tea
Special
&
ISC
$1.50
9-25
*25c
-X$L75
xl34%
%
1st
Jewel
Miami
Stock
10-15
9-30
9-30
.
(quar.)—.
$5 pfd.
common
Quarterly
Lindsay Light & Chcmtcai, 7% pfd.
Lipe-Rollway Corp,, $1 conv. pfd.
2nd
9-15
9-10
12-31
.....
Locomotive Works......
Lincoln National Life Insurance
Co.
Lord
8-30
1
9-25
$3
Lima
MacMillan
0- 2
(irreg.)
Liggett & Myers Tobacco,
Lily-Tulip Cup Corp..
Locw's
10-
10c
.....
Stock dividend
Locw's,
9-15
25,C
25c
...»
Locke
9-12
50c
MacKinnon
-j a
<
D
—
Inc.
Co.,
9- 5
9- 5
9-11
Z-ZZZZZZZ
(qimr.)..___...__.LZ...Z.
8%
9-12
25c
Brothers, Ltd. (quar.)
Quarterly
Liberty Fabrics of N. Y. (quarJZZZZZZ
Life & Casualty Insurance Co. of
Tennessee—
8%
9-12
1
(s-af
Lewis
Bock
1
1
10-
62 V2c
(quar.)
preferred
(quar.)
hehigh & Wilkes-Barre Corp.
Leslie Salt Co.
9-15*
9-15
,
(irreg.)
Extra
Little
10-
10-
50C
$2.50
Marshall
B
5%
&
9-16
$25c
ZZZZZZZI
Fabrics,
Leath
-
9-26
$25c
...
Lea
$2 60
$1 75
'
Macassa
75c
$1
75c
6Cc
433/4c
$1.20
50c
40c
25c
2
Co.
8-31
8-31,
$1.50
(quar.)
Extra
Lorillard
9-
9-9
8-21
—
Ltd.—
quar.)
(quar.)
10-
9-30
1
9-30
9-9
V*.
.
(increased
$1.25
9-12
10-
9-17
-
Jamaica Public Service,
Kaynee Company, common
7%
preferred (quar.)
10-15
10-2
10-1
9-20
(quar.)——
Stores
9-20
: 9-26
10-15
10- 1
(quar.)—
Ltd..
Lone
10- 1
America
shares
9-4
t40c
—
(increased)
1
12'/aC.
10- 1
/
$1
—
10-
$1.12%
8-12
,
——
$1.25
.
9-30
—
Co.
15c
9-15
8-12
,
Co.
Shoe
9-15
!
9-30
50c
10- 1_
• 50c
-.10- l..-,r
$37%c « 10-15
$37VaC
10-15
:r 25c
9-15
v
,——
Canada
1
.10- 1
9-16
$40c
$$1.12%
of
9-30
$15c
—
—
Kalamazoo
6
1
$$1.25
1 5®o
Joslyn Mfg. & Supply (Irreg.)
Justrite Manufacturing Co.
(quar.)
10-
10-
tlOo
pfd. (s-a)~
9-10
10-20
30c
—,
9-10
10-
9-15
<
Ltd., com.—
(quar.)>*—
1
10-
$1.50 '
—
Harrisburg
9-
10-
$1.12 »/a
(quar.)—
—
*5 Prejerre<* (Quar.)
2nd
11- 1
11-15
$1
Harding Carpet, Ltd. (interim)—.
Harnischfeger Corp. com.
5%
1
1
Electric
Jamestown
9-15
25c
Co.
(quar.)
9-19
20C
(quar.)
Hanson-Van Winkle-Munning
Harblson-WalkeT Refractories
6%
pfd.
8-29
.
12- 1
12
25c
..
-
4%%
9-20
1
35c
Co., common
convertible
preferred
(quar.)
<*|4%
10-
50%
Watch
fiammermill Paper Co., 4%%
Co.
Foundation,
Jessop
Hajoca
Hamilton
Nickel
Corp.
.American
8-11
<9-21
$1.25
9-19
$1.50
$1.62%
$1.75
25c
933/4c
Iowa Southern Utilities Co. (Del.)———
25c
Iron Fireman Manufacturing Co.
(quar.)—
30c
Irving (John) Shoe Corp., 6% pfd. (quar.)..
37%c
Irving Trust Co. (N. Y.) (quar.)
—15c
Italo-Argentine Electric Co.—
a
5
1
9-13
9-30
Light & Power Co.—
preferred C (accum.)
6%% preferred B (accum.)
7% preferred A (accum.)
Iowa Public Service Co., common (quar.)—
3.75%
preferred (quar.)_
5
9-
9-30
6%
1
1
10-15
$1.03Vo
A
Co.
Iowa
9-19
2
1
10-15
———
9-10
2
1
11-1
6%
convertible preference
(quar.)—+75c
Investors Royalty, common (s-a)
—
2c
8%
preferred (s-a)
$1
Investors
Selective
Fund
9c
9-15
.
9-22
•
Corporation (stock dividend)
Hall (C. M.)
Lamp Co. (irreg.)
Kail (W. F.) Printing Co. (quar.)—
Haloid Company com.
(quar.)
4% preferred (quar.)
Corp.
Investment
5
10c
v
12-20
11-
10-
—
Intertype
$75C
...
12-30
2%o
(quar.)
Industries, Ltd.—
Metal
International
.9-15
9-30
$27yao- ■'
—
9-20
$1.183/4
(irreg.)-:
—a
(quar.)„
International Silver Co. 7% pfd. (quar.)
Interstate Bakeries, 4.8% pfd. (quar.)—
9-
9-15
9-15
9-30
50c
*
(irreg.)
preferred
Detrola
International Salt
8
1
10-
40c
9-19
10-15
^
t$l
A
Powders,
Investment
Lakes
$4.40
Co.
Bronze
Paper Co.,
preferred (quar.)
Interstate
30c
Utilities,
$4
10-31
9-15
1
<
-
9-19
'
8-20
11-15
10c
class
International
9-23
9-
9-25
(quar.)
Y.) —
9-19
9-30
50c
(quar.)
preferred (quar.)
4ya%
9-15
1
10-
Y.)
(N.
9-30
—
Shares,
participating
International
9-15
1
"'c 12 %c
Group
Common
8-25
9-25
10-
93%C
—
9-10
-
(increased
International
2
9-15
25c
(quar.)
9-10
quar.)
.*
37%c
preferred (quar.)..
a—$1
Indianapolis Water, 5% preferred A (quar.) ;
$1.25
Industrial Acceptance Corp., Ltd.—
.Common (quar.)
$37%o
<4%% preferred (quar.)
t$1.0614
6%
8-15
9-
56 %c
$2.25 conv. pfd. (quar.)
Great American Indemnity
Great American Insurance
9-15
$1
Common
International
9-15
32 %c
(quar.—,
9-25
9-20
9-20
$1
International Harvester Co.
$25c
(quar.).
10-10
3%
8-15
$1.50
.
9-15
$1.25
Michigan Electric—
preferred (quar.)..—.
Indianapolis Power & Light—
International
8-15
10c
Grand Rapids Varnish Corp.
Grant (W. T.)
Company, common
9-30
(s-a)
Interlake Steamship
9-10
1
$i2yac
—-
9-15
(s-a)——
Inter-Ocean Securities Corp., 4%
1010-
9-20
&
Bank
v,
$$1
1
6
$1.25
5%
convertible preferred (quar.)———
Inspiration Consolidated Copper (Increased)
Institutional Shares, Ltd.—
9-12
9-
9-30
—
9-12
v
10-
—
9-22
9-20
9-15
v4%
8-29
$25c
Manufacturing Co. (irreg.)
Gorton-Pew Fisheries, Ltd.
(quar.)i.
Grafton & Co., Ltd., class A (quar.)
Great
10-
$1.25
Extra
3%%
9-11*
$12 %c
Gorham
preference
9-11
1
40c
—„
1
$1
—
25c
(quar.)
Telephone (resumed)
Telephone—
preferred
(quar.)
1
10-
2
9-11
20c
4>/8%
10-
9-
$1.50
Imperial Paper & Color Corp
Imperial Tobacco Co. of Canada, Ltd.—
Ordinary
(interim)
6%
1
9-26
$1.50
(quar.)
Commercial
Indiana
$1.25
;
(quar.).
10-
"
10-
$1
preferred
8-29
$$1
1:
9-20
10c
Illinois Bell
1
9-
.
Gray Drug Stores (quar.)
Grayson-Robinson Stores com.
6%
5
9-
1
.
9-30
>■
...
$1 convertible 2nd preferred
Ideal Cement Co. (quar.)
9-15
...
8
....
$4.75
!
8
9-
Huyler's, $2 partic. 1st preferred (s-a)
9-17
........—.
9-
62yac
9-15
Illinois
—-
9-20
9-20
50c
Co.
(quar.)
(quar.)
♦
8-31
9-15
$1.21%
Lang (John A.) & Sons, Ltd.
(quar.) —ZZZZZ
Langley's Ltd., 7% conv. pfd. (accum.)....
Lansing Stamping Co
Lawyers Title Insurance, 6% preferred
2
56V4c
9-15
9-15
_
9-
(quar.)
9-15
20c
—
B
Motors
Lane-Wells
8
9-26
30c
1
9-20
9-
8-22
$1.12 Va
*12yac
(quar.)___„_
1
50c
(B. F.)
Co., common—...
preferred
(quar.)
-Class
A
1
11-
1
9-19
9-15
$1.06Va
& Erie Mortgage
Corp. (Ontario)—
Quarterly
z*:
Huttig Sash & Door, 5% pfd. (quar.)-
11-25
-
50c
Huron
9-30
...—
9-12
Co
10-
25C
Gordon Mackay Stores, Ltd., class A (quar.)
•
class
(Harvey), Inc.
preferred
11-29
Telegraph (quar.)
Ltd., 4% pfd. (quar.)—.
•''"'f' -Extra
6%
25c
(quar.)..
1
20c
10-
60C
Co
Electric
$1.12 y2
.....
10-
Co.
9-15
$1.12%
(quar.)
(quar.)
(quar.)
Lamson & Sessions
Co.; common
$2.50 preferred iquar.j
Landis Machine Co.
(quar.)..
9-12
(quar.).
10-
$1.25
2
1
t50c
....
$1.50
1
9-
9-30
10-
preferred
Lambert
8
9-24
9-15
50c
(extra).
_
9-12
9-
8-29
1
25C
Industries, 4% conv. pfd. "(quarZ)
Lake Shore
Mines, Ltd. (quar.)
Lake St. John Power &
Paper Co., ~Ltd.—
Quarterly
Lamaque Gold Mines, Ltd. (interim)..
9-12
!
$1
Humphreys Mfg. Co., common-^
9-17
10-
10-
1
9-15
75c
(qaur.)
Gas, common
(quar.)
Natural
preferred
9-26
40c
Goodyear Tire & Rubber Co. com. (quar.) —
$5 preferred (quar.)
a.——;
Goodyear Tire & Rubber Co. of Canada,
Ltd., : (quar.)—...J'
.
5%
9-30
$1.06 %
Ltd.
Z.ZZ
„
ZZZZZ
pid. ^quar.lZZZZZl
non-cum.
preferred
(John),
8-29
9-30
10-
"
& Co.
2nd
9-17
9-30
75c
$1.50
20c
...
(quar.)
com.„„__.___
La France
5
8-30
1
10-
$6c
<
pfd.
conv.
50c
Goodrich
$5
$2.25
9-10
87y2c
9-
1
10-
25c
(quar.)
Manufacturing
Houston
9-30
9-20
10-
25c
a
Corp., 6% preferred (quar.)„_
Houdaille-Hershey Corp. com. (interim)
9-30
1
11-
(Frank)
Hoskins
9-30
25c
.
Steel
i25c
Hotel Gibson
9
H.)
1
$1
Extra
10-21
•
30c
common
preferred
Horner
5
9-
1
9-30
10-
35c
(quar.).
common-
1st
Labatt
9-16
Canada, Ltd.—
—
Company,
4 Va %
9-16
9-15
9-25
8-26
10-31
50c
Extra
9-16
.
Globe & Stock
Hoover
(S.
$1.12 Va
9-15
$1.12%
preferred
Co.
7%
9-13
9-26
25c
....
R.)
6%
9-15
25c
Honolulu
...
Globe
25c
(monthly).
(quar.)
Oil
Corp
Electrochemical Co.—
$4.25 preferred (quar.)
(G.
(quar.)
preferred
Kroger Company
for
Hooker
10-
2iy4c
Globe
stock
I
Kroehler Mfg. Co., 4%%
preferred A (quar.)
4%% preferred A
(quar.)
9-10
9-18
(quar.)
Kress
9-19
9-25
25c
9-20
10-
10-
1
Corp,,
convertible
Kinney Mfg., $7
$-20
9-15
8-30
33c
(quar.)__
Extra
8-30
1
dividend)—
common
Extra
9-16
10-
25c
...
Co. (N. Y.)
Co., common (quar.)
preferred
(quar.)
Knitting Works
(quar.)
35c
(A.) & Son, Inc. (quar.)
Hollinger Consolidated Gold Mines, Ltd..
Hollingsworth & Whitney $4 pfd. (quar.)
Holmes (D. H.)
Co., Ltd
Homestake Mining Co
5
$1.25
25c
10-
HIT
—
.
10-
25c
Hollander
11-10
9-15;
$1.50
_
of
5%
Kinney
1
9-15
37c
common
2nd
preferred
King-Seeley
«
1
10-
$$1
53C
ZZZZIZZZZZZZZ
convertible
4%%
9-6
1
34%c
'
4%
10-
37 %C
25c
.-—1—
...
Kimberly-Clark Corp.,
9-15
1
(quar.)
Holland Furnace Co.
9-20
25C
(quar.)
(quar.)
Quarterly
9-19
i2y2c
10- 1
10-
(quar.)
Ceniont. pfd. (accum.)
9-15
10-
^Monthiy
2
1
$1
pfd.
(stock
of
10-
37 %C
(lrTeg'jT"™"!
S-l
Special
■Series sB-4
5
$1.75
$1.25
4% %
9.
held.
Hinde & Dauch
Paper Co.
Hinde & Dauch
Paper Co.
rl'
75c
..
GUdden
9-5
9.25
91
Hibbard, Spencer, Bartlett & Co.
9-19
1
shares
share
K^lll-Robbins, Inc.
9-20
•
common
Co
9-15
Series
8-15
75c
(quar.)
~~~.Z~"1ZZZZ~1ZZ"'Z
"(quarT""""
2
9-15
A
Ltd.
*
2
9-
(quar.) __—45c
(quar.)
Co., 5ya%
J.)
extra
each
'
.—.
Golden State Co.,
Common (quar.)
Two
_
$i.i2ya
—
(quar.)—
A.) Co., preferred (s-a)
Gilbert (A. C.) Co., $3.50 preferred (quar.)_
Gillette Safety Razor, $5 pfd. (quar.)
Givdler Corporation (quar.)
Gleaner
Harvester
Corp.
(quar.)
Coal
9-
9-15
25o
25c
Glens Falls Insurance
9-16
(increased)
common
Hershey Chocolate Corp.
9-15
75c
(C.
'
class
Canada,
Keye-s Fibre. 6% prior preferred
KeystoJie Custodian Funciv-
9-12
25c
$6 preferred
Hercules Motors Corp
Hercules Powder Co.
8-29
1
25c
Henkel-Clauss,
8-29
.
1
10-
(quar.)_
preferred
5
9-19
Holdere
Payable of Rec.
~
B
of
When
Share
Wheel—
Kendall (The)
Co., 4 y2% preferred
Kennecott Copper Co. (quar )
Special
5
9I
1
43%c
u^'t^Pre^r^ cquar*)
(Geo. W.) Co. com.
7%
Class
Publications, Inc.—
Helme
683/4C
(quar.)—
!
—
H' Co-'
•
9-20
15C
preferred
Glen Alden
rpj'
10-
2%
(S.
Extra
o
10- .1
$$1.37
(quar.)
Georgia
Gerrard
9-15
50C
Georgia
Gerber
9-10
9-12
1-
9-15
10-
300
faccum.)
Mining Co.
Heileman-(G.) Brewing Co.
He n-Werner
Corp.
$30c
(quar.)
preferred
9-15
1-15-48
Company
$1.50, convertible
8 21
750
Corporation
Hearst Consolidated
7% .preferred A
5
Kelvinator
8 30
$1
* !
Hecla
9-30
$$1.25
J'nc, (stock dividend)
Hardwood Lumber (quar.)
$6
Hazeltine
J2QC
.
Co
class A
*
25c
8- 2
15C
Co.,
8-21
9-
Per
Name of
Kelsey-Hayes
8-30
9I30
Co.
9-19
9-30
25c
...
Class
10-15
1
9-16
34%c
.
Gentry,
10-31
10-
28%c
■
Telephone Corp. (quar.)
General Time Instruments, common (quar.)_
4%%
preferred (quar.)
Genesee Brewing
10-15
10c
—
Refractories
10-31
37 %c
General
9-15
jioc
prior preference (quar.)_
$3 non-cum. preference
(quar.)
Hazel-Atlas Glass Co. (quar.)
10-15
9-5
37%c
(quar.)
$4
Hartman
9-30
10-31
30c
..
*
9-30
.
10-25
37V2c
Brewing
General
10-25
8
9-15
&-15
—
(quar.)
(initial)
Corp
General Candy Corp. (quar.)
General Finance Corp., 5% pld. A (s-a)
General Fireproofing Co.—
7% preferred (quar.)
General Industries,
5% pfd. (quar.)
General Instrument Corp. (quar.)
General Mills, $5 preferred (quar.)
General Motors Corp., $5 pfd. (quar.)—___
$3.75 preferred
(quar.)
General Paint Corp., $1 preferred (quar.)_
$1 convertible 2nd preferred (quar.)
General Phoenix Corp.
(quar.)
General Precision Equipment
General Public Service, $6 preferred (quar.)
$5.50 preferred (quar.)
.'
$4 conv. preferred (quar.) ...
General Railway Signal,
common....
6%
preferred (quar.)
■
Tobacco
Common
55C
General Bottlers, new common
9-15
12 %c
Ltd"~IIIIIIIIIIIIII
Battery Co.,
8-30
lie
Baking Co., $8 pfd.
General
Hart
9-15
■7%c
quar.)
quar.
General
9-17
9-
$50c
(quar.)__
com.
Co.
9-17
9-15
:12%c
(D. B.)
Initial
1
When
Holdert
Payable of Rec.
Share
(quar.)__
5c
Chemical
$50c
....
—
preferred
(quar.)
Gemmer Manufacturing—
$3 participating preferred A (quar.)
General American Investors—
$4.50 preferred
(quar.)
General American Transportation—
■
Harshaw
2 VaC
51/2 %
I
9-19
9-30
1
10-
<
(Chicago)
Extra
16c
common
■
10-
25C
Per
Company
Harrison Wholesale Co.
,9-30
10-31
12 %C
Name of
9-20
$1.25
preferred (quar.)
Co., 6% conv. pfd. (quar.)__
fundamental Investors
..
Gabriel Company
Gair (Robert) Co. 6% pfd. (quar.)
carfinckel (J.) & Co. com.
4%% preferred (quar.)
.
;
51/2% preferred (quar.)
Garlock Packing Co. (quar.)
Garrett Corporation
a.
<oatineau Power Co., common (quar.)
5%
preferred
(quar)
51/2% preferred (quar.)—
Gaylord Container Corp.—
■
10-15
$35c
$2 20
Fuller
■
9-30
$12.50
Extra
I
When
Holdert
Payable 0J Rec.
25c
(quar.).__
—'
froedtert Grain & Malting,
■
9-15
1
Share
o/ Company
Pressed Steel
—:
Pour-Twelve West Sixth Co. iirreg.)._
foundation-Co. of Canada, Ltd. (quar.).—
fox de Luxe Brewing Co. of
Mich, (irreg.)..
pox
(Peter) Brewing (quar.)
prankemuth Brewing Co. (quar.) ..
^Astoria
COMMERCIAL & FINANCIAL
CHRONICLE
McColl-Frontenac
4%
(extra)
5%
—
(quar.).
Manufacturing Co., common.—
preferred' (quar.).—
convertible
10-
1
9-15
10-
1
9-15
25C
9-25
9-12
43%C
11-30
11-29
10-20
$$ 1
9-30
62 VaC
——
—
McKesson & Robbins, Inc., common
$4 preferred (quar.)——
McKlnney
10c
Oil
Co., Ltd.—
preferred (quar.)
Corp., $2.50 pfd. (quar.)
Common
$1.75
12 VaC
9-30
'9-19*
22 VaC
U'9-25
"9-15*
35C
><
t.. 9-30
87C
9-15
-'9^1$
10-1
60C
-
$1
lO- 1
7
10-15
IOC
l0E
$1.25
10-
1
■9-17
9-17
54
(1094)
THE
Per
]Same of Company
,
Share
sFeel Corp.
McLouth
Extra
•
i
—
class
Mengel
A
Company
Mercantile
a
7%
preferred
Merchants
*
&
3%%
9-16
9« 9
25c
Co.,
(quar.)
(quar.)
Miners
Machine
9*15
8-29
11-15
10-31
50c
Textile
$3.25
1
1
Metal
Corp.
Thermit
&
i
Copper
9-
62Vic
Co.
preferred
non-cum.
4%%
Million's
2
9-18*
2
9-18*
1
10-15
9-20
10- 1
9-10
60c
10-
10-
10-
1
1
5%
(quar.)
Co.,
Inc.
pfd.
9-15
10-
com
9-29
9-29
Missouri-Kansas
$4.60
Pipe
pfd.
(Initial
quar.)
B
Service
-
Quarterly
Manufacturing Co.
Modine
Rubber
Co.—
10- 1
9-15
12-15
9-20
9-10
Ogilvie
50c
10-15
9-25
Ohio Brass Co.
10-
9-15
4Vi %
preferred
Life
(quar.)
Insurance
Chemical
Co.,
(s-a)_>—-
$1.62Vi
(reduced
7%
Corp., Ltd., common
preferred A (quar.)
7%
preferred
(quar.)
$40c
$55Vic
t$1.75'
—
t$l-75
•
$25c
.
(quar.)
15c
59 3/lOc
50c
Cafeterias
5
9-
10-15
9-15
10-
1
0-
5
10-11
99-
1
10- 1
10- 1
9-15
10-
9-15
5
9-
1
9-26
9-16
10-
1
10-
1
9-25
9-15
8-29
$2
59
3/lOc
9-19
9-30
9-20
Consolidated, Inc.—
(quar.)
:
—
$1.75
10- 1
9-24
;
Works Co., 8% pfd.
(quar.)*
Mfg. Corp., class B (irreg.)*
Murphy (G. C.) Co. 4%% pfd. (quar.)
Murray Corp. of America com.
4% preferred (quar.)
t—
Muskegon Piston Ring (trreg.)
Mutual Chemical Co. of America—
9-16
50c
9-26
10-
1
9-16
9-19
?
Co.,
common—
_**.
National
Electric Welding Machine—
Common (quar.)
National Enameling &
—
Stamping (irreg.)
National Fire Insurance
(Hartford) (quar.)
National Glass Co., common
(initial)
1
Convertible preferred (initial
quar.)
National Hosiery Mills, Ltd.
(quar.)——
—
Quarterly
—•
—
Lead Co., common
(qual\)
Extra
7% preferred A (quar.)———
6% preferred B (quar.)
,
9-
2
preferred
Motor
1
Extra
Co.
10-
1
9-
5
Penn
10-
1
9-
5
$1.20
Penney
9-30
8-29
8-30
$1
10-
1
9-20
20
10-30
10-20
$1
50c
12 Vic
15c
$15c
$150
Car
National
Steel
Corp.
National
Sugar
Corp.
♦
V
4Va %
preferred
.
share
Co.
of
(final)
8-25
10-13
10- 1
9-13
dividend)——*
9-15
9-15
1
10-
1
9-26
9-20
9-15
9-14
9-14
53 Vic
$6
10-15
9-15
9-15
10- 1
0-
9-30
10-
9
9-15
1-12
1
9-18
11-15
11- 5
8-10
9-15
of
9-15
8-10
1
Brothers,
Inc.
Paper
.
(quar.)
Electric
convertible
,
9-15
(quar.).
Telephone, Ltd.
preferred
Association—
(quar.)
J
.-»*
8-30
9-30
9-20
10-15
...
(quar,)—*
(initial quar.)
9-
5
20c
5%
preferred class
(J. C.)
Co
9-20
10- 1
*
8-13
40- 1
9-16
com
(stock
stock
$15c
9-
9-19
9— *
4
*
5c
50c
1
9-12
9-17
8-18
75 c
—
9-27
9-
10-15
10-
9-26
9-
5
.,.9-29
$20c
9-15
500
com.
(quar.)
35c
1
2 "
$1.12%
30c
1
1
'
9-10
9-15
1
,<
$1,25
40C
*
-
1
9-
10-15
$2
•
9-15
20C
t
8-20
•
10-
1
25c
9-27
9- 6
25c
9-27
9-
-
15c
10-10
$1.25
10-
9-
9-30
,7 9- 2
9-30
9- 2
60c
25c
(quar.)
Erie RR.—
$1
83 %c
TO-22
10-
$1.50
(quar.)
;
(quar.)*—*—
:
10-1!^
10- 1
10- 1
25c
10- 1
10-
1
9-15
9-15
9-25
9-10
9-25
9-10
_
$1.75
10-I
9-10
$1.75
10— 7
9-10
25c
40- 1
9-10
10-
9-30
1
9-12'
10- 1
$1.18%
10-
:
9-15
1
8-30
50c
10-9
9-18
15c
-
9-15
8-25
$1.25
10-
1
$1.75
10-
1
9-12
9-30
9-15
25C
25c
10-
9-12
1
3*
0-
,
♦4^0
12- 1
60c
II- 1
.
9-26
.
52 %c
11-
9-10
1
10-17
-
•
;-:m
9-15
87 %c
10-1
10- 1
0-9
10-
0-9
25c
'
$1.12%
62 %c
.
-
-
8-30,
9-3,
1
9-80
15c
11-
„|5c
9-10
1
10-15
11-.1
12 %c
10-15,
12-20
12-10
"
•25c
10-
25C
1
.10-
25c
^
-
(quar.)***—,*—
2
9-10
9-10 '
JO- 2
9-10
.
$1.50
10-
1
5-10
$1.31%
12 Vac
n-
3
10-10,
$1.37%
10-1
19-
90c
1
9-15
9-22*
'
10-
25C
—
1
9-10,
9-15
.
tk—a.
$1.75-
8-26
48- I
$1.75
-
10-
25c
9-l»
1 0-18
1
9-24
8-27 '
10c
9-26
25c
9-26
10c
9-15
8-30
'lOc
9-20
9- 5
10c
9-20
9- 5
W
(quar.)
-
tsoc
10-
iBOfr
9-15
-r
lO-'l
1
9-15
•
?:B-12
$62 %c;
-
'
$1.12%
__****
8-20
10-
1
9-30
10*
1
0-15
10-
20 c
1
9-15
r
-j.
'
V
$1.25
10-
1
$1.25
10-
1
9-15
10-
1
9-15
Company
preferred
4-
"
75C
$1.12%
10-
tl.12%
10-
1
$15C
******-,
i
Power, 5% pfd.
conv.
pfd.
9-30
8-20 1
9-15
9-23
0-12
10c
9-23
8-11
(quar3
$1.25
'
$25c
'
—
Pacific Co.*_^*
;
series A
common
(quar.)
10-
(quar,)
$«3
*•
10-15
25c
(quar.).***.
»
9- 3
9-15*
10- I
9-5
'
25c'
$1:25
10-
9-18
1
lo-i
$$1.07
10-
9-18
i
9-12
-
(
•
'
'•
8-32'
9-23
9-15
9-30
Associates,
—***
preferred
9-15'
10-15
.
50C
$1.10
(quar.)—*_*
Saguehay Power CO., Ltd.,
4%% pfd. (quar.)
Francisco Remedial
Loan
—_**_**.——
1
6-29■
■
Ban
5Va%
•
*
(accum.) *.::.*._*
Mills, Ltd
(accum.)—*—
Safeway Stores, Inc.,
Sanger Bros.,
9-10
37 %C
.'_*****
A
'
B-lfl '
9-30
■$$1.75
1
9-10
5c
1st preferred
Semi-annual
9-
1
common—****
Corp., Ltd.—
preferred
9-10!
*i.u-/2
-
-
9- 1'
—
Regis Paper—
5%
9-10
9-15
9-15
~
12 %c
***__**__*
(quar.)—"——*
45t. Louis Public
Service (quar.)
-Sti Louis
Rocky Mountain &
4-4.40%
9-10-
I
9-25
H%c
***
,„St. Lawrence
Paper
^
St.
-
(auar.)_——_****,—._**
Haynes_*
l4%" clasi A
8-20
9-10
10-
'
9-19
tv(uai.;
(quar.)—
_____*_*__—********
4*
9-15
30c
*—_**^-*
____**—**
pfd,-
9-15
10- 1
15c
—
(increased)*——,—*
4V«%
Industries, Ltd.,
Ryerson &
Y^ar-end
*$1.06%
(quar.)*
Xquar.)
Corp. (quar.)
(Jacob),
•
——
preferred
_______
'6preferred
9-19
50c
2
(quar.) *»*'.
1
9- 1'
-
—*
Inc.
St. -Joseph
Light &
St. Lawrence
1
5
9-15
10-15
Co.—
com
convertible
■o
9-15
9-
,
75c
Port Wayne & Chicago
Ry.—
Common (quar.)
1—
7% preferred
(quar.) ___****************
I
9-15
,
(s-a)
^"16-
9-
'
(quar.)*_—*—*
7% 'preferred
(quar.)
Russell Mfg, Co.
wu.
2
30c
9-30
9- 5 '
9-15
12 %C
preferred
(quar.)
Cable Corp.
-■
250
•
preferred
prior
4%.%
Russell
9-25
1
9-30v
10-25
10-1
J
Ruppert
6
10- 1
(1.50
8-29
8-301
«•
10-25
93 %C
Paper*-*—.——-—*_***—_
Industries
'Extra ______
Ruteroid
9-10
93%c
(quar.)**
25c
$1.50
—
12 %c
(quar.)
Corp.
-Brothers,
Ross
9-10
1
4%'
Roos
9-10
10-
-
1
8-29'
(quar.)*—*$1.25
9- 5 *.
9-20
1
9-15
50c
preferred
Motors, Inc. (quar.)
5%'
5%
"
******
—
(quar.)—.*
preference (quar.)
*******—***
'S% series A
pfd.
Rolland Paper
Co., Ltd., 4%%
pfd. (quar.)
Rome
5
9-30
10-
9-15
7%C
Riverside SHk
Mills, Ltd., class
A. (quar.)
Robertson. (P. L.)
Mfg. Co., Ltd.
Common
(quar.)
—*.
-.$2.60 preferred'
(quar.).****—*——i**
Rochester .Telephone
Co.f common
4 %;%
(quar.)
1st preferred A
(quar.)
Rockwood & Co.—•
8
9-30
*lc
*
9-22 i
9-
10- 1
37 %c
350
$1.06%
$1.06%
9-15
10-
$1.37%
—
9-15
10- 1
9-15'
15c
-
1
9- 2*
9-12'
11-
30c
—
'
10-
9-10'
11-29
(quar.)***
8-22
•
8-20*
10-~1
$1
1
9-15
-
9-10
9-15
52o
9-12
:
10-10
$1.50
.*■*
Manufacturing
Extra
9-12
-
10-
.
75C
—*
9-12'
1
9-15
$1.25
common
convertible
Riley. Stoker
River Raisin
Extra
2 "
9-12
I
1010-
.
r__"_*l
,
10-
30C
-
*
—
10-
preferred (quar.).*.
Co. 3%%
pfd.
«
9-10
9-
$1.25
com
*******—*
Glass
9-
0-30
Pittsburgh,
Pittsburgh Plate
9-15
9-30
10-
50o
20c
1st preferred
(quar.) «—.»****_*-—*
.7% 2nd. preferred
-(quar.)
********—*
Richfield Oil
Corp. (quar.)—
r**
Rleke. Metal Products
2-5-38
9-15
-
30c
r7%
5 *
25c
(quar.)
convertible preferred
11-
50c
——
Inc.—
Uxtra
12-15
"
30c
-
Co.
Pittsburgh Forgings Co.
1-1-48
11-15
35c 3-15—48
*****
(quar.)
Mines, Ltd. (quar.)
Co., common (quar.)
prefeired (quar,)
preferred
9-15 f.
25c
(quar.)
Si Lake
8-31
9-15
1
8-29
9-12
50c
BrasS, 5%% pfd.
(quar.)*
Reymer & Bros,
(quar.)
Reynolds Metals Co.,
5%% oonv, pfd.
(quar.)
Reynolds (R. J.)
Tobacco, 3.6% pfd. (quar.)
Rh«em
Manufacturing
Rice-Stix Dry Goods— Co.,»^om. (quar.)***
9-19*
9-15
10-
8-29
9-15
9-30
(quar.)***
Purina
6%
prior preferred
Revere Copper &
8-31
9-30
60c
9-30
SO
*
—
1
60C
(quar.)***
preferred
8 *
20C
*
8%
10-
9- 4
$1.18%
common-*
Republic Investors Fund—
6% preferred A
(quar.)
6% preferred B
(quar.)***
Republic Petroleum
Co. _**_*_***_***-**-*
Republic Pictures
Corp. $1 conv. pfd.
Republic Steel
(quat.)
Corp., "common (quar.)
9-30 *
$1
Philadelphia Transportation Co.—•_
Participating preferred (s-a)
Reo
9-15
■
9-10
9-15
each
*
9-18
10-15
tl
1st
Common (s-a)
8-29
10-' 1
32c
4V4%» 2nd preferred
(quar.)
Pfeiffer Brewing Co.
(quar.)
***********
Extra
Pharis Tire & Rubber
Co.**
Philadelphia Co., $5 preference
(quar.)***
6% preferred (s-a)
Philadelphia Electric Co. com.
(quar.) -.****
$1 preference
(quar.)
4V4%
9-15
9-29
■
*.*
Pitney-Bowes,
1
9-15
$35c
(quar.)-
$4
3
$1.50
*****
Corp.
Pillsbury Mills, Inc^
10-
20c
for
$2.10 convertible
preferred
(quar.)**—_*
Reliance Grain,
Ltd., \% pfd.
(quar.)
Reliance Mfg. Co.
(Illinois)—
.5% % convertible
preferred (quar.)
^-"Remington Rand, Inc., new
com.
(in
'$4.50 preferred '
(quar.) **********
9-15
15c
A
Philco Corp.,. 3%%
pfd. A
Phoenix Hosiery Co.
9- 3
1
1
;
Gold
Milk
1
10-
'
___**«.
4%%
1010-
$1.75
$1.60 non-cum.
preferred (quar.)
Reliance Electric &
Engineering—
: Common
(increased)
2
37 %c
1__*
Peoples Drug Stores, Inc.
(quar.)
Peoples Gas Light & Coke
(increased)
Peoples Telephone Corp.,
common (quar.)
Perfect Circle
Corp. (quar.)
Perron
9-
ft-29
9-24
*
(quar.)
Regent Knitting
Mills, Ltd.—
•lO'rlSt
10-
8-29
9-30
dividend) —
preferred A (quar.)
7%
preferred (quar.)
Reed Roller Bit
Co.
Reeves Brothers
9-15
11-15
10- 1'
50c
»
10-15
$$1.25
—*—*
Stove
1
1
$1.25
(quar.)**-**,
Hosiery Mills, common
(quar.),
prior
5%
9-20
11-15
t$i
(quar.)
Pennsylvania Salt Mfg.
Co.__*__**_*—«***
Pennsylvania
Telephone, $2.10 pfd. (quar.)**
Pennsylvania Water & Power Co.—
Common (quar.)
Perfection
10-
10-
9-30
C—*
4%%
preferred
4% 2nd preferred
Real Silk
9-20
$35c
**—
$1.12%
10- 2
$1
(quar.)
Reading Company^-
aJ-20
$$1.75
preferred
preferred
a
9-15
$1.75
(quar.);.
convertible
$2.40
8-30
a
a
$25c
—
com.
(quar.)
Pennsylvania Power &
Light Co.
$5
9-15v
8-15
13-15
—
_
Electrotype (extra).—
Raytheon
9-19
8-30
*
pfd.
Rayonier,' Inc.,
9-15
9-15.
8-15
9-15
50c
*
Extra
9-19
a?
10-
$$1.25
*
preferred
4%%
9-25
9-15
09c
—********.—*
1st"
Rapid
$2
$19o
(quar.)
Ltd.—
(quar.)
(quar.)
Pittsburgh Bessemet
Machinery
com.
Brunswick
10- 1
10-
9-25
$1.12%
j*—*
8-30
*
Pennsylvania-Dixie Cement. Corp.—.
Pennsylvania Glass Sand
Pet
9-25
50o
**
(quar,),
New England
Electric System
New England Gas &
4%%
9-16
11- 1
$1
plus stock dividend
National Pump &
Nekoosa-Ed wards
New
5
12-5
8
40c
—
Nelsner
9-
8
37 Vic
(quar.)
(cash
1-1-48
30c
I*
(quar.)
Co.
9-10
1
50c
Refining
National Transit
Cash dividend
9-19
9-15
10-
9-
25c
National Tea Co. 4%%
pfd.
9-15
9-15
9-
25c
(quar.)
National Supply Co.—
$2
10-year preference
1
9-25
9-30
$1.25
*
Steel
9-30
10-
9-30
.
National
30c
—
Co.,
6%
9-15
;
Venezuela.,
Telephone
8-15
—
preferred
Ralston
5
.'*_
(quar.)
8-15
8-2a
*
9-21:
9-
—*
preferred
(quar.)
Electric Switch Co.—
$50c
1
9-15
preferred
$44C
$1.12 ya
(quar.)
$1
$1
-10-
-jMhyl
75c
common
8-29
9-15
9-15
Candy Co. (quar.)
Railway Equipment &
Realty, Ltd.
'Common (quar).
9-21
—10- 2
..
9-30
>$1.25
-*
9-10
1
$10c
—
9-15
(quar.)^——,—**-*—-
Queen Anne
9-10
19-
$5c
*
9- 9
10- 1
10-1
$1.25
common
(quar.)__2-:**
10-1
10-1
45c
$2
Quaker State Oil
Refining Corp.
Extra
9-12?
9-19'
$1.16%
___-
conv.
6%
9-10
.
,.'97%c
*_.^—
10-20
15c
Bearing
Machinery
National-Standard
% 9-30
preferred
(quarO
Peck Stow & Wilcox
1
9-15
of
8-30
,_.10-1
1
I
$1.75
Pyrene
Manufacturing Co
Quaker Oats Co., common
(irreg.)
9- 8
9-15
10-
10-
*
—_*_*_****
6%
9-5
9- 5
83 %c
'
***********
Pullman, Inc.
(qunr.)___—__**>—_*_r****_«.
Co., 5% conv. preferred
9- 8
9-24
—,37%c
7%
10-15
9-15
Co.
fi-24
-
9-15
50c
Pure Oil
8-28
9-30
Co.
(quar.)
Companies,
1
50c
(quar.)_____,—**i;*
(quar.)
10-
2
9-10;
9- 2
10-1
Power,
$50c
35c
common
held.
Extra"
I
9-26
$1
$4.75 preferred
(quar.)
Puget Sound Pulp &
Timber,
<-
10-
—
(quar.)_
share
share
9-15.
$1
•
.256
(quar.)
Industries,
l/40th
9-18
10-
25c
(quar.)
11*
10-15
Publicker
9-13
,
1
9-25
;
10c
Transportation (reduced) ___^—
Paton Mfg. Co.,
Ltd., common (quar.)
40C
$1.75
(quar.)—
Parafflne
40c
$1.50
***
Rubber
&
35c.
—
(quar.)
preferred
9-20'
9-16
75c
Page-Hersey Tubes, Ltd. (quar.)
Panhandle Eastern
Pipe Line Co.—
4% preferred
(quar.t
Common
50C
1
10-
75c
(quar.)
Peninsular
25c
10-
—_*—$2
'
Siy^C
Pacific Telephone &
Telegraph—
6% preferred
(quar.)
9-15
12 ViO
National Linen Service
Corp,—Common
(increased)
5%
preferred (quar.)
National
Railway
Heat
Pacific Public Service
9-10
25c
9-11
10-15
'
(monthly)
(monthly)
7%l 1st preferred
9-11
$1JL6
$1.12%
$5% preferred (quar.)
*******1*
Pacific American Investors
$1.50 pref. (qua$.),
Pacific Coast
1
I2V2C
—
4%%
Light
Common
10-
National
'
Electric
Ottawa
20c
1
National
Ottawa
9-26
1
1
$26c
——
Debenture (quar.)
Products, Ltd. com
preferred (quar.-)
Otis Elevator Co.
6% pfd. (quar.)
Y.)
9-20
9-20
9-17
9-15
9-5
9-lg
10- 1
Service
Publication Corp.
5;
1
$25c-.10- 1
7%
Parmelee
9-26
9-
10-
40c
America-—
(N.
56y4C
(quar.)
preferred
$5
9- 5
9-25
10-
60c
(quar.)*
Ontario Loan ■&
9-30
10*
9-13
25c
20c
Ontario Steel
9-15
25c
9-15
1
9-20
—80o
_;*
Supply Co., Ltd.,
Participating -***_*j.
Participating conv. pfd. (quar.)
9-26
50c
1
10-
40c
0% preferred (quar.)
Ontario Beauty
'
-
10-
$8%c
.£
10-15
2
8-30
-__r-—_—
of
Co.
Co. of Oklahoma—
4% preferred
(quar.)
Public Service Electric
& Gas Co.—
7% preferred
8-30
9-20
*
37 %c
9-
Trust
9-19
8-12
1
1
;
preferred
Public
$1.25
4% preferred (quar.)—
Paramount Pictures, Inc.
9-15
&
8-19
L
10-
ti%c
preferred
6%
9-12
9-20
i.*
common
12-18
**-
National Breweries, Ltd. com.
(quar.)
7% preferred (quar.)
———»
National Cash Register Co.
(quar.)—-:—
National Casualty Co. (Detroit)
(quar.)——
National City Lines, common
(quar.)—
$4 pveferred A (quar.)—--
♦
Corp.,
12-20
9-15
Common
'8%
10-
10-
5c
.preferred
6%
10-15
„
30c
(quar.)r^_
75c
15c
—
Bank
9-2
8-23
10-15
10-15
$7 5c
*
9- 2
9-15
$$1.50
Products.„ (quar.).__
9-25
9-25
1
9-15
9-15
$3 5c
_*
New Hampshire
Public Service
Corp. Of N. J.—
9-12
10-
19c
—■
7% preferred
**1
Public TService Co. of
9-22
1
50c.
8%
preferred (quar.)
Oneida Ltd. com.
(Increased
;tl.5Q
10c
1
26o
—-«*(*•-"
—
Co.
25c
(quar.)—
Nation-Wide Securities Co., Inc. (Nfd.)_——
National Battery Co.——
<
Insurance
9-12
Nashua Mfg. Co. 2nd pfd.
,
Life
9-13
:
10-
$1.37%
(quar.)
75c
*
;
Line
ServiGe
9-30
*___*-
6%
8-29
10-
"m
*
Co
9-26
—
—
'
Water
Pantepec Oil
6% preferred (quar.)—>*>_*
8%
preferred (quar.)
Mutual System 6% preferred
(quar.)—*__
Myers (F. E.) & Brothers
Nachman Corp.
Namm's,
Inc.
(quar.)
Nash-Kelvlnator Corp.
...
(quar.)-*
Tube
$1.50
>
v
/
Biscuit
pfd.
40c
.*
9-15
(irreg.)
Public Service Co. of
Colorado—
5% 'preferred
2$.
—
25c
'
8-15
10- 1
$1
(quar.)
7%
preferred (quar.)
$5 preferred (quar.)
—
Mills
10- 2
each
(quar.)
Pacific
$1.18%
9-22
9-15
25c
——
Co.
9-16
9-15
9-30
ordinary
5
tll
9-24
25c
Steel
Public,National
Quarterly
5
9-15
50c
com. A__
9-30
1
9-20
9-
$50c
15c
Pacific
10-
1
9-15
9-30
^$1.
4
2
10-
15c
50c
*_*
Co—_______
Ltd., common
9-
9-
9-20
(quar.)—..
9-18
9-15
1
$1.50
Aggregates, Inc.
Indemnity Co.
$2
35c
10-
4
Corp.—
30c
—
Water
Mullins
5
9-
Ltd.,
9-
9-24
T
IOC
*
(quar.)
Car, 4%% pfd.
(quar.)
Preston East Dome
Mines,. Ltd. (quar
Progress Laundry Co
Prospect Hill Apartments, Inc.,
preferred-^
Providence Washington Insurance
Co.—
Comtnon (quar.)*_—
Provincial Paper, Ltd.- 4%.
pfd. (quar.)
9-19
1
$5
for
__
30c
Mueller Brass Co.
National
-
B
1
9-
1
40c
Quarterly
5
10-
9-19
10-
PrentBs-Wabers
9-15;
10-
—*
_*
Co., commonpreferred
(quar.)_—
Omnibus
8-15
1
i
$25c
Co
Mills.
Seamless
Old
-
8-15
9-15
40c
Motorola, Inc."
Muncle
9-15
10-
62Vic
_**
preferred
9-15
(quar.)
convertible
Ohio
9-15
-
8-28
50c
preferred (quar.)—•
Ohio Public Service
Co. 3.90% pfd.
11-10
1
$44C
?""4%% conv. pfd. (quar.)
Moore-McCormack Lines com. (quar.)
«
$2.50 conv. preferred (quar.)
Moore (William R.) Dry Goods
(quar.)
Morgan (J. P.) & Co. (quar.)—.
Morris Paper Mills, 4%% pfd. (quar.)
7%
9-13
1
$20C
quar.)—...
iquar.)
4% preferred (quar.)
Moore Drop Forging com.
*•
10- 1
10-
9-15
30c
prior preferred v(quar.)
Leather Co.,
common
$5
10-
$13c
(quar.)
Morrison
5%
Ohio
9-13
20c
Pressed
Edison
4.40%
9- 2
12- 1
Extra
9-15
—*
Power
Ohio Finance Co.
4%%
1
10-
$1.05
preferred (quar.)
Cottons, Ltd., common—.—.
7% preferred (quar.)—
Montreal Locomotive Works
B
2
9-15
Ohio
Ohio
4.20%
Moore
9-
87Vic
Montreal
Telegraph Co.
1
10-
Flour
Common B
Confection
2
25c
9-10
9-12
1
,
(accum.)____
Manufacturing
Ohio
2
9-
0-12
1
10-
(quar.)
—
Co.,
9-30
62yac
62 Vic
(quar.)
9-15
6-16
9-5.
1
9-25
5c
Power Corp. of
Canada, 6% 1st pfd. (quar.)
6% non-cum. partic.
preferred (quar.)
Pratt &
Lambert, Inc. (irreg.)
1
10-
$1.06%
10-
25c
*
1 Aec.
9-22
15c
.—
-
10-
50c
Wfien
Payable
$1
(quar.)
Paper com.
_*_*
River
10-
—
Oak
1
pfd. series A (s-a)_—
Montana-Dakota. Utilities com.
Montreal
9-
$1.25
_
$3.25
1.
1
10- 1
$$1.12%
(Mass.)
common__
$3.50
preferred
(quar.)
Monsanto Chemical Co.
!
10-
HOC
8
&
pfd.
Alexander
&
Extra
$1
(Charles) Co.__-Nu-Enamel Corp.
9-19
}15c
Extra
1
9-
preferred
Sulphite
non-cum.
Powdrell
93%%
Noyes
4
10-
_—
com.
(initiaLquar.)_—
Novadel-Agene Corp. (quar.)
1-2-48
12ViC
5
New
25c
9-
9-25
03 %c
,
(quar.) 1
.
-
$12Vic
112 Vic
1
25c
Northwestern States Portland Cement
(quar.)
Nova Scotia Light &
Power, Ltd.—
9-15
9-25
10- 1
—
9-20
125c
$1.50
>->-
8-21
4%
9- 5
*
8-28
62Vic
9-
9-15
2nd
Huron
Powell
*—*
(Irreg.)
10- 1
.
9-15
Trust—
Leather
Port
5
10c
(accum.)
Gas
Northwestern
Extra
9-12
9-15
Shore
10- 2
.
Monarch
North
8-28
9-15
Bond
preferred
9-
10c
*_*,*_—
Electric
175c
(quar.)
$2.50
(irreg.)
125c
Mojud Hosiery Co.,i| 5% pfd. (quar.)_—__—
Mc-lsons Brewery, Ltd.
(quar.)
Molybdenum Corp. of America
Monarch Knitting Co.,
Ltd., com. (quar.)—
Monroe
1
9-15
30c
(increased)
Mitchell (J. S.) Co., Ltd.
(quar.)
Modern Containers, Ltd.
(quar.)
Modern Tool Works, Ltd.
(quar.)——.
9-20
1
Gas—
North Star Oil. Ltd.
(accum.)
Northern Indiana Public Service Co
Northern Natural Gas
9- 8
1V4C
Public
Mohawk
10-
1
10-
...
preferred
5% %
.
2
9-
9-15
25c
10-
$1
Co.—
*,
Inc.
Share
(quar.)
Plymouth Oil ,Co. (quar.)———
Polaris Mining Co.
Polaroid Corp., 5%
1st pfd. (quar.)
9
20c
(quar.)
*
9-15
9-16
,
American
•6%
9-11
l0-; 1
$1.15
common
22 Vic
50c
shares held,
North American Investment
9-11
15c
$1.25
Line,
1
10- 1
*•.
consin
9-19
56%c
(quar.)—
9-
dividend)
9-19
35c
1
Co
Co,
Plough,
Per
Company
—
10-
(Stock dividend) A second partial
liquidat¬
ing distribution of one share of Wis¬
10-' 3
10-
9-10
50c
American Oar Corp.—
$2 convertible preferred
(quar.)
North American Co.
(cash
9-15
1
File
Certificates
8-29
10-15
20c
(quar.)—*
8-30
9-30
North
9-12
15c
J.)
(reduced)
Brewing Co
Canning Co.—
preferred
Missouri
1
7%c
2Vic
——
(D.
Mississippi Power,
Class
North
9-16
10-
56%c
(quar.)—__
9-15
$1
(quar.)_—.__**_*—_
Co. (quar.)
Industries
Nopco Chemical Co..—
Noranda Mines
**i.*
9-16
10-
Trust
(J. J.)
Special
3
$2
37Vic
com.
preferred
York
&
RR.
Niles-Bement-Pond
9-16
50c
Electric
Noblett-Sparks
9-10
9-
1
Minnesota Valley
1
1
9-15
50c
$1.50
Newmont Mining Corp.—_
Newport Electric Corp., 3%% pfd. (quar.)*.
Newport Industries, Inc. com.
4% % preferred (quar.) •_**_*—****_.
Niagara Wire Weaving Co., Ltd. (quar.).*
9-15
10-
25c
—
Minneapolis
4
Reclaiming—
A
conv.
9-
50c
Extra
<
9-19
1
25c
preferred (quar.)—
class
3%%
10-
_
Manufacturing Co.
Conv.
9-30
10-
15c
Inc.—
preferred (quar.).
State
Newberry
10-
*
preferred
Miller-Wohl
New
9-10
$1.50
Company
Mid-West Refineries,
4'/a%
9-10
Nicholson
*
(quar.)
2%
Miller
9-10
25c
com.__
8%
Rubber
9-20
50c
—
Products
York
9-17
$1.75
Midvale
Midwest
New
9-17
97Vic
;___—-
conv.
9-16
Corp.
—
$1.50
1
5
15c
pfd. tquar.)
8-30
*
Chicago & St. Louis
6% preferred A (accum.)_
New York City Omnibus
Corp.
15c
Extra
Steel
10-
9-15
-
York
20c
—
(resumed)
Michigan Associated Telephone—
6% preferred
(quar.)
Michigan Bumper Corp. (increased)
Mlckelberry's Pood Products, com. (quar.)
$2.40
prefeired
(quar.)
Midland Oil Corp. $1 conv.
pref. (quar.)—
Midland
Extra
New
9-10
9-25
(partic.)
t
7%
preferred (quar.)___"
Metropolitan Edison Co., 3.90%
Miami
9-30
Name of
Pittsfield Coal Gas
$1.75
__*
$1.50
(quar.)
com.
pfd.
(quar.)
9-12
25c
Monday, September
15, 1947
When
Holdere
Payable of Rec.
Share
Haven
Clock
&
Watch
Co.—
4% % conv. preferred (quar.)
New Jersey Power &
Light, 4% pfd. (quar.)*.
New York Auction
Co.
9-12
10-
Company
New
9-11*
10-
.**
—
Corp.
partic.
9-30
35c
Co
Forming
Metal
8
87%C
(quar.)__
Publishing Co. (quar.)__
Mergenthaler Linotype
(increased)
Mesta
9-
Name of
England Public Service Co.—
$7 prior lien preferred
(accum.)
$6 prior lien preferred (accum.)
New England Telephone &
Telegraph
New Hampshire Fire
Insurance (quar.)
1
Meredith
Metal
1
25c
Co.—
(quar.)--:—
common
10-
CHRONICLE
New
9-20
$1.75
;
Transportation
—
Co.,
preferred
6-30
25c
*■.
common
FINANCIAL
Per
!
9
Co.—
Quarterly
Merck
>
&
9-
25C
(quar.)_,
Stores
Payable of Reo.
9-1G
(accum.)
&
Holdere
25c
**_
Megowen-Educator Pood
50c
When
COMMERCIAL
J
750
;12-$0
13-13
41 %C
$-15
9-5
the
Number 4629
[Volume 166-
Pet'
Name'of Comprint'
Sera
san-Nap
10- 1
10- l
10- 1"
9-30
9-15
9-15
9-15
9- t
9- 5
8-30
9-15
10- 5
11-1
9-15
10- 1
12- 1
9-10
10- t
Arms Corp.
Ravage
25c
Compatty (quar.)1
.
Lock Co. (increased quar.)
Real Estate CO., $6 pfd. (resumed)Scott Paper Co., $3.40 pfd. (quar.)__
:j
Scott
Williams, inc; (quar.)_____——
Scovill Manufacturing Co. (quar.)
S3 65
preferred (quar.)
Schiff
25c
$1.35
Sr.hlage
ScliUlte
85c
50c
' 50c
91 Vic
83%c
Scranton Electric, 3.35% preferred (quar.)Brook Water Service—
Nnmm ni
name of
9-15'
Ltd.-.
^U5o
(extra) —,—
12Vic
Bridge,
Sarnia
,
3Cc'
50c
17%c
—•
Water Works, common (quar.):—
Pak Mfg., 70c pfd. (quar.)
Holder«
Payable of Ree.
40c
——
------
Jose
oan
When
Share
,
Electric" Col, (quar.)_.
Ranzamo
9-15
$4
preferred
prior
4%%
class A preferred
5%
class B
Corp.,
Serrick
(quar.)—.
(quar.)
(quar1.)
____
Extra
Tacbny-Palmyra Bridge Co., 5%
'
Talcott
'
9-15
9-15
America—
A
1010-
9-15
9-15
preferred (quar.)—
Optical Co. (quar.)—_—
Sick's Breweries, Ltd. (quar.).
Signal Oil Si GasJ class A (quar.)
9-30
"9-19
'
9-15
9-
1
9-15
9-
1*
25c
9-15
8-30^
25c
$50c
9-15
9-15
8-29
80c
9-15
'8-20
(quar.)__
Co., class A
Class B
(quar.)—.
5% Pfd. (quar.)
Saw & Steel (irreg.)
—
-
i-
common
Tilo
Carolina
South
Penn
South
Porto
Extra
8%
T
9-15'
Oil
9-30v
Trioo
9-30
*
9-10
<quar,)_
Southern
-.
Atlantic
&
Telegraph
California Edison
Southern
(Calif.)
6%
Canada
Pacific
Southern
5%
4%%
i
$$1.50
10-15
75c
$1.25'
15c
$1.06%
5%
.
Insurance
J
Sparki WUhlngtoi* Co.—
6%
.
i*
Co.-
—-
—
Company'—-—
Squibb1 (E, R.)
Sons
&
20o
.
(quar.)
Standard-Coosa-Tfaatcher
;——
-
Cof*,;
'participating
Pktticipating
Standkrd
preference
*
•
.
Co.-
Standard
Oil
Co.
of Ohio,
preferred^ A (quar.)—:
—
Standard Paving & Materials,' Ltd.*—
Participating convertible preferred (quar.)1
•
Ektra
Btarrett
prior
Strawbridge
&
4%
convertible
Struthers-Wells
Sunbeam
.
(quar.)
(quar.)
(increased)
Corp.
Bun Oil
Company —
Sunray Oil, 4y4% preferred
—
A (quar.)..—
Co.
(quar.)—.
Sunshine Mining Co. (quar.)
Bunstrand. Machine Tool (quar.)
Sunset-McKee
(quar.)———-——'■
—
Bwan-^inch 'oil Corp..
Swift Si Co. (quar.)
—
'V
r
10-
1
*
'
10-31'
10-31
1
4%
9-15v
5%%
Warner
9-16
10-
9-19
1
11-15
10-15
9-30
(quar.)
50c
9-15
9-30
62 %C
(quar.)
2
9-
9
10-
1
10-
17%c
West
1
10-
1
9-
5c
9-20
9-10
9-20
9-10-
9-20
40c
9-20
$1.40
preferred
preferred- (quar,)
preferred (quar.)
5%
9-20'
9-20
■
Western
preferred
preferred A
9-20
9-10
5%
9-20
9-10
Western
9-20
9-10
5%
9-20
9-10
20c
9-15
8-301
9-15
9- 2
.
,
85o*
8-15y
9-151
93%C
10-15'
preferred
s:
Guarantee
56c
43%c
25c
25c'
$1.25'
9-15*
Extra
10-10*
9-25
9-30'
1
9-30
1
9-23'
10-
1'
9-23'
10-
1
9-18x
10-
1
U. 8.
9-15'
10-
8.
U.
8-291
9-17*
9-10*
10-
25c
50c
25c
$1.06'/4
l5c
10°
25o
9-20
9-30
Potash
9-15
10-
1
U.
S.
9-
9-30
8-29
5
9-20
9-10-
9-20
9-10
U.
8:
non-cum.
Tru*t
1
9-15>
9-15
8-29-
9-15
8-29>
9-23
10-
1
9-10
8-29'
Co:
National
Non-cum,
e5c
——
9*1®
8-15
9-15'
9-15
35c
10-1
30c
preferred
43 /4c
(N. Y.) (quar.)$8.75
9-15
9-15
10- 1
CoTp
(quar.).
(quar.)—.——
20c
fa—^
9*19
9- 5
United
•.
Steel
United Steel
United
4%
Corp.,
& Wire
Ltd.
(quar.)
(annual)—
convertible' preferred (quar.)
Wallpaper,
Match Corp.
—
Upper Michigan Power & Light—
6% preferred AMquar.)_
6% preferred'a (quar.)"—
preferred B (quar.).
*Va% preferred B (quar.)
tl70^c
*
common
20c
25c
o
9- 6
0- J;
10-15
9-15
Co..
10- I
0-29
10-10
9-16
8-29
10-1
9-20
9-20
9-15
10-15
9-15
10*15'.
9-15
11-15
J5c
1-1-48
12-30
MYtO
1-1-48
12-38
10-1-
0-29
ll-
2-1-40
$1
*10-10
10-
0-18
12-18
50c
9-15
25c
9-9
9-15
10-
50c
$1.25
1
1
10-1
25c
9-
I
10- l
10-1
$5
25c
0-24
9-24
12%c
10-15
.
0-15
5
9-5
9-10
9-10
10-
1
9-30
10- 1
0-10
ll.oey*
10- 1'
75c
10-
25c
1
10* 1
$1.0CV4
10- 1"
'0-10
0-10
9- 2
9-15
$1.50
9-30
9-15
$1.50
10-31"
10-15
$1.12%
(quar.)1
0-15
9-
0-15'
8-30
$1.12%
9-15
8-30
25o
10- 1<
9-10
15c
10*
9-10
28o*
(quar,)
'
0*16
10- 15
30b
-—
8-15
1010-
J20c
(quar.)
9-26
i
1-2-48
$1.25
25c
common
l
11-1
11.26
...
'
2-1-40
11-16
.......
10c
1
1
0*15
$50o
9-30
8-30
$1
100%.
dividend
O^-SO'
0-25
9^-16
11-10
10-31
50c
0-29
9-17
(quar.)__,
$1.75
0-29
9-17
Corp. of Canada, Ltd- (quar,)
Worthington Pump & Machinery Corpi—
$25c
10-10
9-25
50c
7%
preferred
(quar.)
common
Wool Combing
Common
4%%
prior
preferred
Wrlght-Hargrcaves
Wrigley
-
i
9-20
9-
$1.12%
9-15
9-5
(quar.)$1.12%
9-15
9- 5
*
convertible prior preferred
4%%
(quar.)_
Mines (quar.)
t4o'
(monthly)—25o
Monthly
uu*—
^^^
M MM
(Allen B )
Yale St Towne Mfg.
Common
25c •
25C
fa——-
OS •**»• &Ml U. Mi Mifa- MM M> M»"m M —
M>«M
(quar.)
6%
6%
6%
(quar.)
9-16
9-2
10- 19-5
25c
11-1
10-25
25c 2-1-48
1-24
37%c
10-31
10-20
37%c 1-31-48
1-20
37%c 4-30-48
4-20
37%C 7-31-48
7-20
—-fa——■
—
(quar.)
preferred1 (quar.)_—
convertible preferred
(quar.)—
convertible preferred (quar.)...,.—,
convertible preferred
oonverUbla
Corp.,
-
20c
56%c
25c
**
25c
1"C
•
10* t>
10- 1
9-15
9-15
0-10
9- 3
»-J5"
.
,
$-15
9-15
r
Jamaica Income tax*
Less 30%
books not closed
for thla dividend.
tPayable
in
fPayablo in U.
^ *
tS
*
'
'
?!,! ■*
-
,»
the near**. Non¬
lneoao ton.
S, fund*, less 13*' Canadian non-mM«ntr Itt,
Canadian funds, tax deductible, »t
resident tax 15%; resident tax 7%.
» Less British
•
8-30
,,9-19
.
%
8-21
9-20
10-20
11-20
15c
...——
Corporation (quar,)_
——.j-4%% preferred (quar.)
Spring St Wire Corp—
Youngstown Sheet & Tube-.—
Youngstown Steel Door
Zonite Products Corp. (resumed)
York
1
1
1
1
5
12%c
Co..
(quar.)
6%
10101112-
(Wm.), Jr. Co.
Monthly
,8-30
75c
9-15
10-30
$1 25 2'*!R-4»
fa-fa.*..
......
•Transfer
*
9-15
1
10- 1
50c
50c
—
n
9-15
9-ld
1
(Irreg.).
com.
Young (L. A,)
Canal (quar.)
(quar.)
10-
10-
$1,25
Yolande
(irreg.)——
9-15
(quar.)75c
(quar.):..
Common
—
pfd.
partic.
Oil
Stock
9- 2
9-2
9-15
common
9-15
1
$35c
(quarO-fa,—
Woodward & Lothrop,
9-26
(quar.)b.
1
10-
40c
(quar.)
preferred
5
10-
$50c
Corp.
preferred
9-
2%c
A
Ltd.
Wrisley
10-1'
9-20
10c
_
(quar.)62/aC
10-21
25c
(accum.)
Extra
8-30*
9-15
10-10
9-20
0" 1
9-15
11- 3
25c
Woodley Petroleum Co: (quar.).-.;
Woods Manufacturings Co.^, Ltd.
(qu'ar.)^
Woodward Iron Co, (cash dividend)
(quar.)
12-12»
Unitfedl New jersey Railroad Si
Universal
10-
10- 1;
10-20
10-1
93%c
Lithograph Co.—
Tobacco Co.,
United
9-10
9-15
50c
(quar.)
Reclaiming—
$1.40" convertible preferred
New
8-25
9-15
1-2-48
0-20
10- 1
20e
fa—fa-fa-fa-fa-
^—
com.
Co.
preferred
Wiser
8. Rubber
U.
9-20
-
50c
—-
preferred A4 (quar.)
Printing &
5%;
9-10
-—fa.
(quar.)
Co.
8. Plywood Corp.
7%.
,
50C
25c
400
$1
Lines, 4%% preferred (s-a)—22%c
Pipe & Foundry Co. (quar.) —40c
'3%#
9-12
class A-
8.
U
9-22**
9*15
U.
9-16
9-25-
10-1
S,
9-11'
10- 1
9A22
9^25*
$1175
8.
9-15^
10L15
*
.fafafafafafafa—fa-fafafafa-fa*.
U
1
10-15
1
*
(quar.)—
Inc.,
preferred
4Yz%'
9-iS
U.
10-
9- 5
12-15
3*15'
fl-15*
9-15
U. S.' Leather Co. $4' partic. non-oum,
Card
10* 1*.
1-2-48
4-1-48
7*1-48
Stores,
9-16
10-
$1.50
(quar.)
class
Stationery,
River Oil
9-12
9-27
15c
(quar.)
...
Wilson & Company, 34.25 preferred (quar.)_
Wilson Line, Inc.
(irreg.)*
.Wisconsin Electric Power, 6% pfd. (quar.).
Wisconsin
Michigan Power-—
4%%
preferred (quar.)__„
Wisconsin Power St Light Co.,. common..*..*
9^ 8
9-191
Playing
9-15
9-15
9-10
10-1
8-29'
'
25c
(quar.)
10- 1
10* 1
10- 1-
9-17
1
25c
$4,201
6%
9-15
10-
75c 2-15-48
Stores
Autb
Wichita
Wilsil,
$1
.
preferred
Whites
9-10
1
9-30
60c
Interim)
preferredJ (quar.)—
Westinghouse Air Brake (increased)
Westmoreland, Inc.
(quar.)
Weston
(George), Ltd. (quar).
Weyenberg Shoe Mfg.
Wheeling Steel Corp., common..
$5 convertible prior pfd, (quar.)
Whitaker Paper Co. (increased).
White Motor CO.
(quar.)
7-31.
9-11'
10* 110* 1
9-19
10-
50c
preferred1 (quar.)—
Wieboldt
0-30
8-29
1
•
9-tl
9-16
50c
Extra
9-10"
9-10
10- 1
1
2
9-15
50c
Extra
7%
9-23
10- 1
10- 1"
B0C
Co.
States Gypsum
11
9-30'
$1.75
25c
(interim)—~——
(N. Tt.)".—
Co., common (quar.)
Freight Co:
S:!
9-30
10-
250
7% preferred (quar!)...fa.,.
U.
9-30
10-
25<J
-.
—
10-
25c
25o
50c
;
10-
75c
75c
$15c
250
87%c
$1.25
$1.25
$1.25
$1.25
....—
(quar.)
U.
United
9- 2
9-15
Inc.—
K
...
S;'Foil" Co J
U.
8-29*
$3iy4c
fa.fafa-
1
1
22 %c
(quar.)
&
5
1010-
20c
5%
.
9-
60c
(quar.),
Tablet
2
9-25
9-15
10c
(quan)'
A
9-5
9-
9-30
$1.12%'
RR.,. common
5%
$1.25
(quar.)
Pacific
Common
9-10
30c
-
fa--
Fid«itjt & Gtmrwftty (Bait.)1 (quar.)
Extra
9-10'*
9-15;
U: a
preference
9-12
3
9-15
25c
fa
Ltd.,
9-10
;
Investments,
5%
9.-20:
Exploration
Grocers,
9-12
25c
Department Stores
Western
Western
10c
10-
50c
Condensing Co
Western
2\
8-20
1
10-1
Virginia Water Service—
Western
.
9-2
8-20
9-15
10-
$1.60
...
9-10v
9-15
8-15
15c
Co.
$4.50 preferred
(quar,)
Westates Petroleum, 70c pfd,
9-101
8-15
37%c
(special
West
class "A
5%
Gas
Corpi,
9-10
1
(quar.)
Circuity Inc.—*
5%:
Sugar
9-20'
9-22;
8.15
9-15
15c
Snowdrift- (irreg.)
9-5
5c
9-25
&
1
9-22
8-15
9.15
50c
common
1
10-
9-20
9-15
50c
10- 2
15c
1
9*15
t30c
(quar.)
(quar.)
10*
$1.50
9-15
10-
<
4*
250
(quar.)
10-
$1.50
9-25
$i
..j,
$1
(quar.)
9-
$1
10c
(quar.)
8-15
9-20
•«
9-13
25c
(quar.)_
West Texas Utilities, $6 preferred
(quar.).fa
West Virginia Pulp & Paper (quar.)
Special
9-22
1
Oil
Indies
West Ohio
9-16*
9-30
10-
Wesson
9-20
10-15
$1
(quar.)
9
9-
9-30
37%c
9-
9-15'
1
9-15
$1.37%
Pictures
Co.
9-16
40c
(quar.)^.
Wayne Knitting Mills
Webster-Chicago Corp.
Weeden & Co., 4% conv. preferred
(quar.).
Wellington^ Fund, Ino. (quar.)
Wells Fargo & Co., 4%% conv.
pfd. (s-a)__
Wentworth
Manufacturing
(extra)
9- 4
10-
1
750
preferred
(quar.)...—
Waukesha Motor Co. (quar.)—.-...
15c
9-25'
n
Wire
10-
t$i
$6
11-10
$$1.75
9-10
10-10
$1.50
(quar.)
Washington Water Power,
—
9-20
10-20
50
(quar.).
common
common;
Brothers
9-30
30c
$1'
Co.,
preferred
18c
9-20V
1 ■:
10-15
5
35c
rr"-«
Washburn
10*1
Fund.fafa.-,.—.—23c
9-30
10-
9-15
(quar.)—fa
Baking
9-15
$2
9-3 01,,
10V 1;
'
9-5
9-30
.
preferred
wExj™
Ward
9-15
l't
Inc.
(Hiram) Gooderham & Worts
Wamsutta Mills (quar.)_____.
S-15v
3
System,
Walker
9-15
1
10-
$1.12%
United Merchants1 & Manufacturers,
9-20*
10-
25©
—
Superior Steel corp
Sutherland Paper Qo,
Extra
1
12-
10-1
.
—
..
Corp.
Extra-
12-
9*
9-15
$1.50
Extra
2»
10-
prior preferred (monthly)
500
6.36%' pribf preferred (monthly)—fa53c
71$ prior preferred (monthly)l——58Yao
8-30*
(quaT.)'
Co.-—
preferred
10-
9-
10-
"
Waldorf
Walgreen Company,
9-10*
1
10-1
6%
8-30
fa—
Clothier, $5 preferred
Stromherg-Cavlson
9-20
10-
9-15
Wacker-Wells Building Corp. (s-a)
Wagner Electric Corp.
(quar.)
Waialua Agricultural Co:,
Ltd,..!^.......
8-25
$15c
_
(accum.) —
75c
Ltd.—
preferred (quar.)—fa—.
$75a
United Gas Corp.
(increased) J..-.-..———
25c
United'Grain'Growers, Ltd,—
'
5%
non-cum.
preferred A<
—$$L
United1 Illuminating Co——fa*.——
55o
United Light & Railways Co. (Del.)—
2
9-15'
Company
preference' (quar.)
9-
9-15
BterliUg' Brewers,; Inci,
—^—-Sterling Drug, 3y2% -preferred' (quar.)—
Bterlihg1 Electric Motors.
Sterling Motor Truck
Stern & Stern Textiles, 4%% pfd; (quar.)—
Stix Biter & Fuller
Co., 7% pidi (quar.)'—.
Stokely-Van Camp Inc., common
5%
9-15
t3Ty4c
fa-
S.)
.
15C
(quar.)—1
Btecher-Traung Lithograph (irreg.)-——
Btedman Brothers, Ltd.1 (quar.)
r
(L.
9-15
37 %c
common___;
'
9-101
8-15
35c"
.
'
—
3%%
'
9-10
9-15;
$10c
__fa_fafa_fa_ifafa_fa__fafai-«._fa_fa'fa.fafafafafafafa''
Fuel
6%
.
'
75c*25c
25c*
(Increased* quar.)____
,
—
10-15
.
25C
(quart) niLf-
Standard Oil Co.'of: California (Del.)——Btandkrd Oil Co.4: (J5y.);» (quar.) _
—-—.
Extw«"-
United
9^16*.
9 20
IOC*
18%c
„
Milling
9-8
10-15
75c
(quar.)
....
1
9-30
$7%c
United Corp. $3 pref.
9-15
held,
.
: 75tf
$T
———
StandkrcT Factors Corp.v common (quar.) ___
75c
preferred !'fquar.)w----^—~—
Standard Fruit & Steamship Corp;, commons
$3
10-
1
40c
prior pfd.
(accum.)
conv.
Vulcan Mold & Iron Co
.-..-fa..........
Wabasso Cotton, Ltd. (quar.)
Inc.—
Corp.
8-29v
1
llv f
$$1.25
-
"
■
Year-^nd
11
Products, common stock for each share
5:
.
,
preferred
Rope
9b-15*
'
6%
1
9-
II*
40c
(quar.)
Vulcan Detinning Co., new com.
(Initial);
New 7% preferred (Initial
quar.)
9-10
,
AVtIstB; Theatre
8-30 V
9-3 01
preferred (quar.)-;
——
—J:
Staley (A.' E.) Mtg. Gof 1
'
$3.75"' preferred- (quar.)—
—
"\94c
Standard Brands,'Inc. com. (quar.)—____ ,,
O0c
i $3.50"'
preferred (quar.)t,__-.——i__—.—
87Vfcc
Standard Chemical Co:,, Ltd.,, com. (quar.)*.
$10o
•
9-
B
Corp.. $3
$4.50 preferred
6-15
9-15
(quar.)
Class
3-15
9-151
!ferred, (q«ar-VCorp., class A
Vulcan
9-10
preferred (quar.)
United Chemicals,- Inc. (stock dividend)—30/1000ths
share
of
Westvaco
Chlorine
9-
10*
$1.13
——
••
.
United
wv
4-1-48:
6-25-48
preferred
Visking
,
9-10
Fund* C
9-15
$4
-
,
9-15
12-15
62y2c
—
9-15
$1.50
$1.12Mr
2°c '
Springfield Fire. U. Marine; Insurance (quar.)1.
Square "D"
5*
9-15
10-1
1-1-48
.
preferred (quar.) —^—
$4.50 pre$erred* (quar.)'i.—--w
Spiague Electric
-
9-
B
10-15 ,10-13
35o
-
-
:
_
1-15
7-15
A
Fund
9-11 "
4-15
—fa.—1—.—-
Fund
9-25
2
8-2-48
9-30
5%
'
•
62%c
9-
5-1-48
——
-
Bond
9-15
10- 1
$1.25
(Dallas);—*
convertible
Inc.,
__fa
Bond
(quar.)
9-20
37%c
Stock Fund
Bond
Union
$1.25
9-15
371^
$1
Extra—-
5
,•>,
(quar.).
1
(quar.)—
$$1.12ya
(Dallas)
common
(s-a)j
Funds,
Union
9-
common
pfd.
10-
preferred
.fafa.fafaWfa.—fafafafafafafa-,
Union „Wire
Yquar.)—————
Life
Quarterly
j
9-15
$5
$1.50
9*
9-30
(quar.).
common
l30
9-15
Corp.—
(accum.)
9*
$15c
Power
Co.
*
c
9-
...
Co.,
Union
2
9-15
Gas; & Electric—
preferred
Spiegel,
•
1
(quar.)
(quar.)
(quar.)
9- 1?
,
9-16
75?
ZII
g_
9-
10-1
preferred..—
(quar.)
9-
9-15
10-
L2S
9.15
9-20>
Film Corp.—
Preferred Stock
Extra
1
III
150
_
Power,
Railway,
-■
8
9-17
9-20
50c
Co.
Common
Union
8-18'
Virginian
&
9-
9-27
87%c
(quar.)
Electric
10- 1
40c
Corp
partic. preferred
Virginia
$1.06y4
93%c
'
Y.)
1
9-8
2-2-48
25c
(quar.)—
Extra
9-
$2.50
com.
1
37M»c
$1.75
Railroad,
preferred
Union
2*'
9-18
'"50c
-i '
9-
9-15
Pennsylvania Pipe Lines (irreg.)*
50c
Southwestern Electric Service (s-a)__-.—33c
Southwestern
Pacific
preferred
10-
37%c
$25c
Carbon
Mfg.
preferred
$2.50
6%
j,
.
(N.
9-
2
25c
Co.
9-20
9-15
9-
$1
(quar.)
Rubber
&
&
Union- Trusteed
8-15
9-15
West
Southwestern
$6
Union
9-19
9-22
(quar.) ——$1
(quar.)—-,1—
Co.___——
Royalc^
-
—
Gas
preferred
Southland
Metal
5
*9c
9-8
9-10
9-15
25c
Street Corp.
Investment
4%
(quar.)
Co. com. (quar.)
—
preferred
(quar.)--...——
Co:, common (quar.) —
Railway
non-cum.
Southern Union
South
Co.
Carbide
Co.—
Power
participating preferred
Southern
Asbestos
Union
5
1
(quar.)._.
(quar.)
(irreg.)
Union
9-
1
10-
preferred
75c
Trust
Union
9-
10-
.
6%
common
Corp.
9-15
9-30
f25c
(quar.)
Works
Products
6^
2
$1.12ya
&
9.15
1
6%
25c
Light
8-30
i
10-
3
fa-.—
pfd.
10.
1
9-
common....^.
7%
12-
9-15
sc
$56c
f$i.25
Viking Pump Co.
(irreg.)
Virginia-Carolina Chemical
9-10
1
12-10
B0c
Tquar.)__
9 10
11-25
fa—25c
9-12
9-30
10-1
12-
50c
Corp.
9-12
37%o
27c
8-26
9-
9-10
•
$1.75-
—
(initial)
Ltd.
9-30
9 20
30c
Oil, $3.75 pfd. (quar.)
Co.,
9-30
—
20c
1
950
35c
—
LaSalle
Underwriters
9-15
9-15
Co
Electric
Underwood
9-16
11-17
12-23
10-1
$1.75
(quar.)
convertible
Udylite
9-20
i-a-48
(s-a)
Chemical
Victor
50c
Co:
1
20c
$1.06y4
Insurance
10-
25c
(quar.)
Co.,
m
9-5
62%o
\% "°""cum- Preferred (s-a);
$%%
T-"~l
9-29
(quar.)
South
Mfg.
o
1
—-
pfd.
I™
o.i k
10-
...
Tobacco
$1.50
208
9-15
9-15
—...
Inc.,
Corp.
common
preferred
Victor
9-30
50c
$4.50 prior preferred
9-16
1
8-26
(quar.)
Works, Ltd., common
9-30
10-
62%c
9-15
—
Twentieth^ Century-Fox
51
9^19f
1
9-16
25c
Tucson^ Gas
55c
>-—
(s-a)_—
Co.
5% original preferred(quar.)———
4.32%
preferred
(quar.)
—
'
Southern
2
12-
9-10*
1
$2.50
Ltd.—
Union
i
—_—.•*
Southern
9-
9-30
T
1
10-
(quar.)
Universal
9-30
$2
40c
20c
(quar.)
Advance Bag & Paper (quar.)
10-
Quarterly
9-16
Lines
9-15
3iy4c
(0uaT.)
Products
Tuckett
9-16
—
—.
Greyhound
1
100
Corp., Ltd.—
preferred (quar.)———...
21
9-30
10-
50c
Ltd,
Ltd.,
9-1?
5C
30c
prior pfd. (quar.)_„
*
5
Vicksburg Shreveport St Pacific Ry.~
Finance
9-
9-30
9-10
$1
(quar.i^..,
(quar.)
9-30
9-30
—.
—_—^
preferred
A
Trinity
$1
(quar.)
10-1
7y2o
B- (quar.)
Co.
Iron
Traders
10-20
25c
$1
—
common
5%
$1.50
...
(quar.)_4_
Brothers,
10-30
62!/2c
L-~-\
Viau,
4
(quar.)—
Packing Co.,
Common
r-—
4
9-
V ceroy
(quar.)_i
Mills
preferred
4%%
9-30
9-
9-24
(quar,).^
common
J0c
,
-
Veeder-Root. Ino. (quar,)1
Venezuela Syndicate
Verney Mills of Canada 4%%
9-15
9-10
9-24
$1.02%
(quar.)
pfd.
Detroit Axle
Class
10-
9-
1
9-25
50c
_____—l
preferred
Toronto
9-15
9-15
7%
Co.,
Roofing
7%
8-18
1
9-30
10-
25c
Common
Co.
o.of)
I™:
-
(quar')e-30'
25c
50c
preferred A
Tooke
Co.—
Gas
(quar.)
Co.
(quar.)
Rico Sugar,
Southeastern
Extra
&
Electric
preferred'
Co.,
preferred
Tobin
,
5%
Land
Tip Top Tailors,
10-
—
B **
9-15
$1.75
Railway Co...
preferred
4y4%'
.
South
&
Steel
*.4%%
9-30
9-15
9-15
8-22
I0c
Gas
9-
9.30
Utility Appliance Corp. $1 conv. pfd
(quar.)
Van de Kamp's Holland
Dutch Bakers^Van Norman Co.
Vapor Car Heating Co.-
25c
Tide Water Associated
9-10*
10-15
convertible preferred
5%%
1
1
9-15
9-15
.
Sulphur
Shovel
Timken
9-24
(quar.)_—
10c
(quar.)-—_—133Ac
Simpsons, Ltd., 4%%- preferred (quar.)— $$1.12%
Skeiiandoa Rayon, 5% prior (quar.)——.—
$1.25
5% preferred A
(quar.)1
—
$1.25
Smith (Howard)
Paper Mills, Ltd—
■
Common
(quar.)
;
$25c
4 %
preferred (quar.)*_
.—:———
$50c
Snyder Tool & Engineering (irreg.)
10c
Bonotone Corporation com.
.—J—
5c
$lt25" conv. pfd. series A> (quar.)——;«*. :
31V40
Boss Mfg. CO. .(resumed)
12%c
Pattern'Co.,
simplicity
1010-
35c
Stores, Ltd. (quar.)
Thrifty Dri g Stores, common.
ll
9-
25c'
Thiift
J-29'
50o
—_
SiikftitV Ltd..
Simondb
9-30
9-15
9-1'
—
—
Oil
4%
9-15
(quar.)*.
Royalties
Signal
A
—
$5c
50c
4V4%
9-10
35c
$20c
50c'
(interim)
(quar.)
(quar.)
Quarterly
Quarterly
Quarterly
Thompson Products,
10-10
$$1.75
~
2
(quar.)
Pacific
Thomas
,
1
9.
9-15
10- 1
15c
m?mwPAr °ri.Prefe^ed (q"ar")~
8
9-15
(accum.)
Southeastern
Thew
9-20*
1
9-
27c
'Textron, Inc., $1.25 conv. pfd. (quar.)
Thermatomic Carbon, $5 preferred (s-a).^
Thermoid
Company
(quar.)
50c
.—i—--
B
Gulf
Thomaston
—
—
preferred
Texas
*
:fe*30»
11-
9-15
(quar.)
pfd.
1
$1.50
(quar.)
-.fa-
10-
$1.12%
(qGar.)'
Refining Co.
Utah Power & Light Co
Utica Knitting Co., 5%
25c
Cos.
preferred
9-12
—
Texon
10-
10-1
Oil
A
Extra
9-12
$50c
class
Utah
2
1
Extra
50c
Extra
Extras
Texas
0- 2
9-15'
9-15'
1
9.
10-
Service, $6 preferred (quar.)..
9-13
9- 2
9-10
9-15
& Share—
Extras
10-
60c
Holdera
Payable of Reo.
$2'
(quar.)
Utah-Idaho Sugar Co.—
9-12
*
Co., 4.32%
preferred
Texas
t20c
>
1st
9-11'
10- 2
210- 1
10-1
9-30
9-30
31 V*C
-
Bhuron
Clbss
8-25
1
9-15
1
Co
Texas Company
Texas Electric
8-251
10-
9.15
10-
(accum.)
4^% P/eferred (quar.)
Fire Insurance
9-17
j
10-
pfd.
Utah-Home
Tennessee Products & Chemical—
9-15^
9-15^
8-25"
9-15
9-15
10- 1
1
9-30
9-30
9-22
9-22
1
10.
(quar,)J25c
(quar.)
Extra
1
1
9-15
9-15
10-
11-
50c
common
Tennessee Gas .& Transmission Co.—
4.10% preferred (quar.)
;,
,
;—
—
7%
1
1
1010-
8-18
share
Cap, 6%
o.igt
1
$1.25
Tellurlde Power Co., 7% preferred
(quar.)..
Temple Coal Co., $6 conv. pfd. (accuni.)
Tennessee Corporation (quar.)
L_
9- 8'
9- 2'
9- 1
1
15^
Teck-Hughes Gold Mines, Ltd.
1%
10.
10-
When
Pot
.
Company
Upressit Metal
$5c
Taylor Instrument
..
name oj
9-1 a
56y4c
(quar.)
Ltd.,
preference
8%
15c
v
(G.),
Tappan: Stove
Taylor & Fenn
9-19
9-19
9*., 8
1
10^ 1
9-19
9-19
9-19
9-19
9-15
9-15
9-15
9-15
pfd. (quar.)
®xtra.
4%
9- 5
9- 5
10^
A (quar.).—_—,.
,——,
23c
Inc., $4.50 preferred (quar.)...——„
$1.12%
Sharon Steel Corp.—
50c
Shattuck (Prank G.) CO, (quar.)_—
<
25c
Shawinigan Water & Power—
4%
preferred A (initial)
—t50c
Shellmar Products- Corp., common—25c
43A'%
preferred
(quar.);—
59%c
Shepard-NiVes Crane & Hoist Corp.—
New
common
(initial)
—
—60c
Corp. of
Inc.
Holder*
l
2C
(quar.)
—
Tamblyn
10-17*
9- 5
9-12
11-14
9-104
10- 1
1
Class
$1.25 convertible preferred (quar.)
SherwJn Williams-Co. of Canada, Ltd—
Common
(quar.)
—
(James)
Ltd.
4%% preferred, (quar.)—
Talon, Inc.
.
10-
Servel,
Sheraton
Mines,
10-
$1
Sylvanite
Gold
When
Payable of Ree.
35c
(quar:).—
9*10"
9-15
9-15
$1.13.
$1.25
25c
-i.
-
preferred
Telephone Bond
17%c
4 10%
preferred (quaT.)__
—$1.02Vit
Bcruggs-Vandervoort-Barney, com. (quar.)15c
$4 50 Series A preferred (quar.)
i— $1.12%
Scytlies & Co., Ltd., common- (quar.)—.—
J19c
5% preferred' iquar.)
$31V4c
Seaboard Oil Co. (Del.) (quar.)
■___.
25c
Seattle Gas Co
,
17Vic
Seiberling Rubber Co—
share
commonfa._..^.
9-20
10- 1
—-———
—-——
PeT
Company
Sylvania Electric'Products,
Rc-anton-Spring
Common
Commercial & financial
chronicle
56
(1096)
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, September 15,
1947
So
L
!
i
Sperry Corp.
General Corporation and
Investment News
-
nounced
that
Sinclair
President
James
E.
Dyer,
Sinclair
Director
Oil
bution
which
Corp.
and
problems
established
of
Sept,
on
8
an¬
of
Vice-President
up
department
relating
to
the
.
,
to
Mr.
is
.
,
York.—V.
for
a
The
75
Stores
Co.,
San
the
The
company
SEC
find
in. San
Y"hese
to
Antonio
two
the
and,
companies
the
Thames
will
be
Drug
liquidated
Co.,
Inc.,
no
Drug
amounted< to
ample
to
reserves
will
result
in
R.
the
cover
the
amount
income
1945
the
of
..In
Tex.
addition
after
as
previously
of
re¬
956.
195,000
—-*
'
$1.00
$0.01
—*
of
record
profit after
to
at
is
—V.
—
.
at
$10
be
Net
Balance
166,
of
the
needs
oper.
oper.
revenue—
and
expense
2,859,176
11,811,843
224,204
Oper.
Net
oper.
Other
31,931
income
Income
State
per
♦Based
on
166,
p.
$4,125,334
and
to
13,805
3,763,894
53,457
$2,601,506
9,188
13,767
$563,984
com.
$845,017
$2,503,207
share-
1,085,636
$0 52
common
$0.78
shares
$2.31
outstanding
571.
approved
Chase
National
Bank,
company's
New
aggregate
the
date
Southern Ry.—Gross
Period End. Aug. 31—
on
$2.40
June
30,
of
proposal
■»
oper.
Ain
to
issue
and
sell
$
iv
it-
$25
•
a
has
be
in
been
to
appear
to
lie
a
position
the
assumed
Co.
stock
par
the
will
200,000
in
166,
Cruttenden,
increased
and
the
six
$2,041,344
500
statutory
high
advantage of
its
position
type
of
Lynchburg, Va.,
proceeds
for
is
in
Va.—Files
with
is
named underwriter.
Com¬
capital and; expansion, pur¬
share.—V. 166, p. 376,
working
$12
a
He
was
succeeded
in
the
and
of
sales
Manager of general sales.
research, was elected to the
in Personnel—
8
under
the board
the
company
position by R. F. Baity,
Joseph K. Roberts, Gen¬
vacant
seat
on
707.
P.
common
31
the
board.
quarterly
June
cash
share.
dividends
$2,037,794
1,615,793
corporation
Sept.
9
received
sell
$500,000 of 1Mi% notes
will use the proceeds for
to
authority
four
from
195,889
$226,112
127,200
30,353
*
„
Uncollectible oper,, rev—
—
-
16,507,019
36,388
16.470,633
13.678,640
1,655,102
j. y
operating income
charges
—W 166, p.
764,
1.136.891
930,893
$
earnings after
of
♦Including
$313,343
186,233
tSales
ing
sales
to
$
to
paid
supply
per
day,
from
a
the
SEC
banks.
166,
p.
to
issue
The
com¬
801.
P.
of
a
957,476
on
•
war.
$7.02 "
$5.28
t$99,660,799 $73,837,163
declined $7,774,370.
the
The
pipe
line
on
capital
May
31
contained
also
in
baking
for
1947.
a
long-term
subsidiary
customers
ject
to
are
compared
during the year, amounting
with $20,154,070 a
year earlier.
company
customers.
•
announces
and
that the
corporation has
begun
wings
,
natural
in
was
the
under
also
has
a
to
of
time
make
principal
to
sells
and
under
gas
owned
names
of
bonds
and
are
Co
ZZ-ZZZ
^
ZZ
Z_IZ
Neuhaus
&
Ohio
'
&
&
Co
&
&
——ZZZZZZZZZZ'
Scott
&
Z
_ZZZZ_~Z
Z-ZZZ
Z~Z
&
Co.
Inc
——
and
Moreland
Whitifig,
The
Wisconsin
60O
4,000
2,30®
1,500
4,00®
80®
36®;
1,50®,
48®
60®,
60®.
4,00®.
48®
1,000;
36®
480-
36®
&
&
Z—ZZZZZZZZ
350,000
80®
^
150,000
75,000
48®
Dean Witter 6c Co
80®
48®
60®
36®
230,000
Co
~ZZ
60®
75,000
75,000
36®
36®
46o'oo0
1,00®
1,670,000
4,00®
350,000
80®
350,000
150,000
80®
1,670,000
4,000
Z
48®
75,000;!.,
230,000,;
Co.
,,
Stubbs
Co
48®
36®
Co
White &
Weeks
1,500
4,000
2,30®
Hutton
Walker &
B.
r
480
1,500
150,000
Z
l—x
.
75.00CU
,
ZZ—
i-iJiiUf
-
■"■■"I
;
1,000
75,000
Corp..
Vietor, Common, Dann & Co.
H.
80O
360
4,000
75,000
ZZZZZZZZZ~~Z
,
4,000
920,000
350,000
150,000
230,000
Smith, Barney & Co
Spencer Trask & Co
Tucker, Anthony & Co
Chas.
4,000
80O
150,000
ZZZ-Z
&
Pomeroy, Inc
Stringfellow—
W. Scranton
Shields & Co
G.
360
600
75,000
Z-ZZZZZZZZZ
Co
Schoellkopf,
4,000
230,000
230,000
1,670,000
150,000
460,000
ZZ—ZZZZZZZZZZZZZZZZ
-
Co
Rowles
360
75,000
580,000
150,000
ZZZZ
Co
Co
Mosle
800
360
350,000
~
;
•
4,000
„
Co
Rauscher, Pierce
&
>'
580,000
Beane
Co
Pacific Northwest
Co.—
Paine, Webber, Jackson &
Curtis
Phelps, Fenn & Co
_j
Riter
i
1,500
600>
'920^000
Co
Maynard H. Murch
1,000
1,670,000
;
Mitchum, Tully & Co.
Morgan Stanley & Co
Moloney, Beissner & Co.
F. S.
Moseley & Co
Mullaney, Ross & Co.—
The
360
4,000)
460,000
150,000
580,000
580,000
230,000
±,1
1,670,000
1,670,000
—
,
Milwaukee
8,1,70
5,450
75,000
f
;
&
ne^r
1,670,000
Co.
Pierce, Fenner
andt
of
No. of.Shs*
-
&
Inc.
Lynch.
shares
follows:
350,000
Z
Langley & Co
Higginson Corp
Merrill
underwriters
of
as
1,670,000
1,670,000
W. C.
Lehman Brothers
Laurence M. Marks
(Del.),
75,000
-
.
Masan-Hagan,
thereof.
75,000
ZZZZZZZZZZ
ZZZZ'ZZZ Z
Hornblower & WeeksKcbbon, McCormick & Co.Kidder, Peabody & Co
Kuhn, Loeb & Co.
engaged
230,000
350,000
1,670,000
ZZ
ZZ-ZZZ
Z-ZZZZZ
&
is
350,000
75,000
1,670,000
Z—ZZZZZ—Z
Harriman Ripley &
Co., Inc
Harris, Hall & Co. (Inc.)
Hawley, Shepard & Co., Inc
Hemphill, Noyes & Co.
Co.
580,000
ZZZZZ-ZZ
_Z
__ZZ
Coast
230,000
1,670,000
460,000
1
.
company.
six
other
75,000
_
—;
to
which
number
Co.__.
Glore, Forgan & Co.—
Goldlman, Sachs & Co
Graham, Parsons & Co
sub¬
quantities of
the
development
principal
the
—ZZZZ_Z
ZZ
■
al
Gas
these
it advisable to
advance,
finance
the
operations
of
I
Corp
Co.,
to
provide,
by
Bonds
Clark,
.
Gas
Natural
Sales
which
and
and
to
the
Central
Securities
Fuel
in
Chicago
1970.
$3;33&QG<r
2,224r,0Q0
Republic Co. (Inc.)
Dodge & Co
Dewar, Robertson & Pancoast
Dillon, Read & Co. Inc.-.
to
find
may
funds
Co
& Co..
The First Boston
Corp
First Southwest Co
1,
contract
1946
underwritten by each
&
order
The
Hope
Co.
subsidiary,
leases
gas
company
1945
system
requirements
from
Sept.
installed
are
September,
and
of
be
Bosworth, Sullivan
&
gas
Gas
—.
Lee
in
United
Stone
Equitable
day
to
Corp.,
delivery
available,
amount
stock
are
Natural
& Webster
Securities^ Corn.
White; Weld & Co.
Lovett: Abercrombie
Go*
Bacon, Whipple & Co.Blyth & Co., Inc
Dittmar
line
increasing
its
in
oil
the
Co.
preferred
extending
Electric
wholly
incorporated
otherwise
the
pipe
per
gas
tem¬
actively
its
long-term contracts,
for the sale of
regularly
acquisition
time
Coast
of
time
approximately 600 miles through
Louisiana, and the
customers
&
held under
from Dec. 2,
present
customers.
Union Securities
construction,
extending its length to 1,250
feet,
capacity
its
Consolidated
conditions,
company
which
the
at
Milton R. Underwood
& Co.-
New Plant—
on
of
approximately
through the Inch
made
company
is
company
contract
facilities for
as
The
The
of
made
certain
Chas.
increased
801,
new
income
deliveries
purchased
under
a
day, was first put
during 1945 averaged
day, and commencing
Administration
extends
company's principal
subsidiary of Columbia Gas
Co.,
per
per
gas
producing area in Texas and
currently purchases all of its natural
a
large portion of which is
area,
Corp.
gas
which
Assets
increased demands
Rotan,
candy-making plant at Kansas
City, Kan.
Mr. Main said, is the
final stage in Sunshine's
expansion and
modernization program,
The structure will
interrupted by the
be five stories
in the
center, with two
new
nine-year
•
a
1 "
911,928
approximately $1,350,000 accru¬
building in Indianapolis. There were
no
sub¬
items
Hanford Main,
President,
work
1946
non-recurring profit of
sale
of
Pipelines),
War
natural
this
gas
Deliveries
natural
exclusive
the
1947.
company's
Reynolds
use
Government
natural
1944.
in expanding the
delivery
approximately 600,000 MCF of
to
The
$107,018,513 $88,969,163
7,111,911
$5,204,912
taxes.,
outstanding.
civilian
S.
non-recurring
166,
The
12,783,330
and
shares
Sunshine Biscuits,
Inc.—Starts
14,277.074
7,497,158
a
$23,487,624
—V.
15,338,828 103,662,282
103,871,219
12,032,537
82,220,015
75,136,591
1,710,980
12,147,607
14,457,554
9.294,660
for
the U.
NOTE—Working
$
'
1,388,322
from
stantial
1947—7 Mos.—1946
-
charges
common
Earns, per com. shr. after
pfd. div. requiremts.
15,361,791 103,914,172
104,030.954
22.963
251,890
159,735
1.595.311
each
1947
sales
Number
1,236,748
219,202
Co.—Earnings—
1947—Month—1946
...
the
commercial
construction.—V.
May 31—
♦Net
Net
$48,002
Southwestern Bell
Telephone
Period End. July 31
cents
30,
—
$46,053
26,392
50
Stokely-Van Camp, Inc.—Record
Sales and
EarningsFiscal Years Ended
$1,769,293
$266,108
183,787
34,319
34,387
of
Staten Island Edison
Corp.—Plans Approved—
The
$ Included
Operating revenues
Operating expense^
Operating taxe^
two
Co.
deliveries
have been
progressively increased
company's
facilities.
During 1946 deliveries
260,000 MCF pf natural
gas per day
during
of 1947 such
deliveries averaged
the
Emergency
lease
Merrill, Turben
4,100
706.
revenues
to
and
of
of
„.
member of
a
Transmission
July
business and other
properties
liabilities of Tennessee
Gas and
the
.
(Indiana)—Changes
Sept.
On
daily
through April 30,
service
this year, the common
stockholders of rec¬
April 15, 1947 received one
additional share of
Stanley Works
common stock for each
six shares held.—V.
165, p. 3060.
$1,773,393
3,550
MCF
months
MCF
natural gas
take
Scott
Inc.,
its
offering price
addition
pany
MCF
October,
200,000
(War
company
headed by
the
maintain
Inc., Lynchburg,
and
approximately
first
or
use
of
-
The
to
to
same
General
March
and
all
'
average
expansion
of
Lines
-
.
given
ahead,
extend
and
of
averaged
The
group
W. B.
-
pro
stock.
par
by
offered
by
agents, insurance brokers and the
insuring public
privileged to serve for almost a full
century."—
ord
1947—7 Mos.—1946
$266,608
$322,965
242,525
—
operating income
charges
after
$7,000,000
®
550
after
,
$10
new
Kidder, Peabody & Co.
to
able
Bakery
Mason,
The
Manager
In
on
$
$323,515
rev-
—.*.
l' '.f '
Net
to
The
7,882,096 191,133,645
180,902,865
1947—Month—1946
revenues
Operating revenues
Operating expenses
Operating taxes
Net
to
directors have declared an extra
dividend of one share of
Hart & Cooley
Co., Inc., for every 50 shares of
Stanley Works common
stock held,
payable Oct. 10, or as soon
thereafter as possible, to stock¬
holders of record
Sept. 10,
In addition, the
regular quarterly cash
dividend of 50 cents
per
share has been declared on
the
common
stock, payable Sept. 30 to holders of
record Sept. 10.
R. E.
Pritchard, President, said that the extra
stock disbursement
will be equal to 80
cents per
Southwestern Associated
Telephone Co.--Earnings-
Operating
$25
Stanley Works, New Britain, Conn.—Stock
Dividend—
1947—8 Mos.—1946
$
7,238.808
Tt«101
Period TP.-, #4
End. July 31
p.
of
old
underwritten
Gas
1940.
in
engaged
of
2485.
p.
,
BUSINESS—Tennessee
Hallowell, Sulzberger
Earnings$
166,
from
par
The
company has acquired an 80% interest in
the Aylward Produc¬
tion Co. of
Kansas, leaseholders of oil producing
properties, in exchange
for 52,800 shares of
Standard stock.—V. 166,
pp. 993 and 859.
1947.
York, and 12 other
banks, its
principal amount of
$5,000,000
delivery and bearing an interest
1947—10 Days—1946
earnings (est.)166, p. 956.
Net
in
Co.—Weekly Output—
of
—V.
share
&
1946
porary
Standard Oil Co. of
Ohio—Acquisition—
1%% per annum.
The proceeds of such loan
are
to be used
the construction of
additions and extensions
to Southern
pipe line system.—V.
Natural's
166, p. 764.
Net
&
will-
—V.
lor
Uncollectible
6:
$5,000,000
share
one
be
to
Vice-President has been
created
because
program under way, it was
announced.
An¬
made of the appointment
of Harold E.
Black¬
manager, also a new post.—V.
Estabrook
„
promissory notes in the
maturing two years from
■Operating
from
Since)
manufacturing
also
UNDERWRITERS—The
Assistant
Southern Natural Gas
Co.—Note Issue
Approved—
The SEC on Sept, 3
•Gross
reduction
Hanson, General Manager of sales
directors, retired from both positions
eral
output of this company for the week
ended Sept. 6,
1947,
2,605,000 kwh., as compared with
2,057,000 kwh.
for
the
•corresponding week last year, an increase of
26.6%.—V. 166, p. 956.
—V.
be
been
annuity plan.
18,677
1,560,664
47,657
Electric
rate
with
Oct.
on
its
H. E.
of
$3 5ft
Executive
sales
operation
288,000
•
totaled
The
that
158, p. 2197.
poses.
$6,437,533
4,788
517,913
Southern Colorado Power
to
1
of
one
desires
Standard Oil Co.
40,701
•
for
of
Tennessee April 1,
consolidated
with
its
excess
by
,
Proposed
the following
approve
voluntary reserves) to such volume
reserve ensuing
therefrom.
facilities
pany
$6,386,437
51,096
$1,381,485
taxes
income
♦Earns,
$4,084,632
3,750
345,668
taxes-
stockholders
premium
industry
Horner
1,871,311
127,537
$922,592
income
income
Net
2,030,094
119,490
$1,368,463
13,023
6,521
deductions
Federal
—V.
$916,071
"
.
—
company on Sept. 8 filed a letter of
notification with the SEC
1,621 shares ($1
par) common, on behalf of
company and 8,000
shares
($1
par)
common,
on
behalf
of
four
stockholders.
650,708
27,679
revenue
for
states:
consideration
management
has
in
in
for
11,277,306
167,220
480,087
825,267
502,197
expensetaxes and licenses
rents (net)
Oper.
to
expansion
approximately
resulting from a very large increase in
relationship of capital funds (cash capital,
surplus and
it
1946
Vice-President.
charge of
was
field
assets
into
The
1947—12 Mos.—1946
2,881,288
Deprec.
that
owner
SEC—
$4,906,577 $18,871,326 $20,313,299
large
as
From
Subs.)—Earnings-
1947—3 Mos.—1946
$4,55-1,438
maint,
dividends.
$167,416
956.
period Ended June 30—
Total
preferred
,
increased
of
opportunities
V.
in
share on
holders of'
these issues
The company owns
and operates a
pipe line system for the
portation and sale of
trans¬
natural gas at wholesale.
The
company's pipe
system extends from the San
Salvador Field in the
Rio Grande
Valley of Texas into West
Virginia, a distance of 1,364 miles.
The
company's
system,
which
was
initially designed to deliver
1,305,539
the company
volume of business and
that
dividends paid
of
per
stocks, all payable Sept. 30 to
distribution was made on
•
incorporated
and
1947—8 Mos.—1946
board,
Sta-Kleen
Total
be
the
time
and
37,417
—
Southeastern Greyhound Lines
(&
shares
to
that
the
$204,833
stock
common
tAfter
meeting to be held
proposed new issue is
First Boston Corp. and
unearned
115,575
cents
similar extra
brought
j
quarterly dividend
50
line
& Marine Insurance Co.
recommending
the
applicable to
$0.69
200,000 shares of new $10 par stock to be
shareholders at a price to be determined
later.
"The
of
has been appointed Executive
he has been Vice-President in
post
Transmission
'
capital
capital
96,985
;1
gains.
1947—Month—1946
entitled to subscribe
its
regular
18, 1947 suchi
was
wholly owned
Gas
subsidiary, Ten¬
Transmission
Co.
(Del.),
organized
on
June
9,
1947.
resulting corporation, Tennessee
Gas
Transmission Co.
acquired, as of July 18, 1947, all of the
(Del.),
$1,806,285
1
some
—
taxes—
dividend requirements-
p.
are
means
Chairman
Income
Preferred
—V.
-
capital
The
The
the
dividend
The
$0.09
slicirc
to
A
extra
nessee
1946
Split-Up and Sale of Common Stock—
This
$417,393
-
new
HISTORY
•
Split-up of 2Vu
8)
rata
net
income
St.
$9,474,037 $10,522,514 $73,152,502 $61,857,010
706.
p.
(2) Cash
issuance of
95,320
and State
net
special stockholders'
a
(1)
$322,074
Gross income—
Income deductions
of
r
revenue-
income
Federal
166,
"For
operating
Other
!
Co.,
680,000
share-
sales—
Directors
$1,852,355
1,530,281
—
$184,808
net
Stock
revenue
1945,
$1,126,285
_
underwritten by
expenses
F.
*$373,535
1,594,676
^
&
Fisher
company
outstanding
Springfield Fire
STATEMENT OF INCOME, 12 MONTHS
ENDED JUNE 30, 1947
Net
C.
General
1947
$611,264
——
common
•i
the following securities dealers:
Co.; Johnson, Lane, Space &
Co.; VarnedoeChisholm & Co.; The
Robinson-Humphrey Co.J Courts & Co.; Putnam
4b Co.;
Milhous, Martin & Co., and J. H. Hilsman & Co.
Operating
Operating
The
and
Vice-Presidency of The Sperry Corp., Mr. Welton
Wright's
Automatic
Machinery Co., ' Durham,
and director of the Selenium
Corp. of America,
Period End. Aug. 31—
at least that amount
tfrom the Trust Co. of
Georgia at 3%, payable $6,250
quarterly annually
tor a period of five
years, with the balance of the
remaining principal
then due and
payable.
<
Evans
of
previously affiliated
President
August Sales Dropped 9.96%—
Consol.
class
A
declared
Tennessee Gas Transmission
Co.—Securities Offered-—
A syndicate headed
by Stone & Webster Securities
Corp*
and White, Weld & Co.
on Sept.
10 offered
$40,000,000
first mortgage pipe line
bonds, 3% series due 1967
and
100,000 shares 4.25% cumulative
preferred stock
(par
$100).
The bonds were offered at
102^4 and interest
and
the stock at
$103 per share and dividend.
this
237,729
per
♦Includes
■
common
was
as
taxes
tEarnings
will
A.
Welton
of Boston
charges——
profit
Common shares
by the company for 1947.
not realize enough from the
sale of this common
the entire cost of the program and
contemplates securing
<he balance of the needed
capital funds from accumulated
earnings,
the issuance of bonds, and from
miscellaneous other sources, probably
-including the sale of preferred stock.
Upon, the issuance of the new stock
the company will have total
outstanding common of 134,400 shares.
The company will
discharge its liability of $175,000 as guarantor of
the notes of South Atlantic
Vapo Gas Co. (a wholly owned
subsidiary)
toy paying the notes with the proceeds of a loan
of
new
Mr.
Net
pay
Clement
joined
Spiegel, Inc. (& Subs.)- -Earnings—
improvement
undertaken
Company
Chicago.
6 Months Ended June 30—
Net
Co., Savannah, Ga.—Stock Offered
stockholders
Aug. 7 were given the right
subscribe to 22,400 shares of additional
common
stock (par $5),
$8.50 per share.
Rights expired Sept. 12.
The proceeds will be applied toward
the cost of an
The
of
Vice-President
Federal
common
F.
the
was
J-
South Atlantic Gas
to
his
Vice-President
C.;
$1,768
195,000
outstanding.——-
share
per
166, p.
He
after serving as Vice-President
ago
of
Vice-President.
1946
$198,345
—*—
an
163,
elected
Angeles, Calif., and a director of the Bcnwood-Linze
Louis, Mo., all Sperry affiliates.—V. 164, p. 3151.
1947
taxes
shares
Earnings
program
to
is
assets
mm
v
engineering.
The
refund,
Manager.
Stores
their
been
two years
Burgess Laboratories
Manufacturing Co.—Earnings—
Common
«tock
has
Los
profit
The
Welton
with the Holtzer-Cabot Electric Co.
to
about
Telechron, Inc.—Executive Promoted—
A.
the company will make a refund to the Government.
change
N.
of
15.
nouncement
corporation
registrant.
Soss
—V.
used
Beaumont,
transfer
upon
6 Months Ended June 30—
JNet
be
and
Sept.
New Vice-President—
Sons,
Baltimore,
Md.,
is
named
underwriter.
Proceeds
will
acquire control of two other drug companies: Sommers
6
and
30, last year, which
per share.—V.
166, p. 859.
burn
A.
optimistic
A.
therefore
,
ufc
.
5 filed a registration statement with the
covering 100,000 shares ($5 par) 30 cents cumulative
preferred
67,500
shares
($1
par)
common
stock.
Alex.
Brown
&
Sept.
Dec.
October,
t
Sept.
on
on
share
per
common
record
and
Antonio—Registers
with SEC—
directors
cents
on
ported.
Drug
ever
Tacony-Palmyra Bridge Co.—Extra
Dividends—
$l.7b
representing
postwar adjustments.
this agreement,
The company has
166, p. 956.
Somners
44-acre site, largely will be
financed by the
compan
"The financial
position of the
company todav
has been.
Earnings for 1947 thus far
indicat*
continuing and we are quite
a
it
this progress is
future prospects."—V. 165, p. 344.
June 30, 1947,
reduction of $1,898,876 since Dec. 31, 1946.
This reduction
due to acquisitions
of additional plant and machinery,
mainly
on
added:
than
9
2,<031,1565
<
$2,400,000
lli819
vi
iq'SoS?
nis'SS
2,015 565
of
*
service, Mr. Hughes became Special Assistant
marketing operations with headquarters in New
in
Si
Morgan, Chairman, reported.
In
April, 1947, the company completed its renegotiation of 1945
business with the Navy Price Adjustment
Board, the agreement bei g
subject to the approval of the Chairman of that board.
As a result
his P.A.W.
Sinclair
30—,--
taxes
share
plant,
Main
stronger
outstanding
per
reserve
Thomas
j
Sinclair also announced that Ernest L.
Hughes has been elected
and Vice-President in
charge of sales of Sinclair Refining
Following
shares
which is
industry
.
director
a
Mr.
NOTES—Working capital at
newly
a
and
company
June
the restoration of
.^balance
{Included estimated tax refund
of $3,719,230 and
$4,000,000 transferred from the reserve for postwar
adjustments.
to take charge of an expanded
supervise extensive transportation and distri¬
the company.
He will
also
head
statistical
after
♦Includes
the
will
operations.
■Co.
of
Earnings
Refining Co., has been elected
department
Mr;
the
of
income
No.
t
Sinclair,
at
Shipments
Sinclair Refining Co.—Officials Promoted—
F
The
Subs.)—Earnings, etc.—
^
orders
Net
(Continued from page 16)
H
(& Domestic
Six Months Ended June 30—
Unfilled
36®
600
v
36®
...230,0004
60®
350,000 .e>
60®
800
"
350,000 j
•' ? j>
A
THE COMMERCIAL & FINANCIAL
Number 4629
166
olume
capitalization, giving effect to present financing
Authorized
oi CikSu
*Titlc
Co.
10%
25%
4
40,000,000
15,000,000
15,000,000
4U,uuu,ooo
lo.0o0.000
1949-1956__.—
loan, due
None
rate
of
p,
(no
taxes
5,024,437
| ,
taxes..
income
8,785,576
M.
£
$2,616,323
"894,952
$5,681,051
4,262
$6,090,095
$3,511,275
$5,685,313
$6,030,095
1,847,936
2,125,073
The
1—
income
Other
income
Gross
Interest
other deduc.
&
income
Net
War
pipe
322,400
the
that
notice.—V.
stock
be
Texas Power
The
ana
for
Power
each,
SEC
determine
ties
shares .of
held
9
that
announced
by
and
by
the
old
stock,
the
for
is
unconsolidated
of
of
proposed
The
per
profits
of
sale
shares.
units,
Ireland, and
excl.
the
$9,287,600
3,103,200
1,967,000
1,791,800
$1.24
1,233,100
$0.86
$1,623,300
$1,138,100
$1.12
desire
Sept.
to
company's
equities
pfd. divs
the
sale,"
earnings
the
of
companies not
Refining
whether
that
had
it
instituted
tions
1944
$3,758,378
656,093
1,091,649
618,377
1,285,488
903,873
$2,925,128
1,091,879
$1,465,370
1,091,879
$1,076,404
1,091,879
$373,491
$0.71
t$15,475
Nil
$477,138
$0.90
1946
1947
$3,228,161
958,451
1,648,153
1,106,698
etc.-
of
1933.
At
hearing scheduled
a
for Sept.
16,
should issue.—V.
a
and
based
on
528,764
com¬
fDeficit,
for
On
Sept.
8
shares
than
$50
the
letter
a
notification
of
stock
common
share through
underwriter.
Proceeds go
as
(no
was
par)
Frederick
to
filed
continuing manpower shortage, Nome opera¬
operated
Fairbanks
and
Dividend
the
with
SEC
four
only
share
directors
of
snares
were
have
of $1
dividend
dividend
a
common
of
common
company
rate."—V.
of
the
166,
on
holders
161,685 common shares.
stockholders recently voted to change
Sept.
20
preferred
-ach
of
snare
200,000 shares,
stock,
the
was
both
three
$5,
par
payable Oct.
preceding
to
to holders
1
of
no
par
record Sept.
15.
on
the common
stock,
pents each were paid on
the
of
per
Corp.—Stock
Subscriptions
Sales
snares,
of Class
Floyd
Over
share
stock of
common
Cerf
of
Floyd
the
D.
corporation exceeded 3.000,000
Cerf
Co.,
Inc.,
announced.
was made
Sub-
10 a.m., Sept..
0fferin8 originally covered 4,000,000 shares.
TrvT
The
Uniform
Practice
of
Committee
the
NASD,
District
No.
13
an¬
nounces:
All
ne
"when
issued"
contracts
in
settled on Sept. 17, 1947.
All, contracts on and after
Tucker
Sept.
Corp.,
1947
15,
Unless .otherwise
specified.
$1
shall
value,
shall
regular
way,
par
be
•
eContinental Bank & Trust Co., New York has been appointed
York
*jp ,
ew
transfer
166,
Bank
Chemical
agent
class
for
A
common
stock
(par
Film
Corp.—Plans
166,
in
W
rw16?1,
Oct.
24,
Written assent
1947'.
executing
p.
credit arrangement with six banks,
Thp
ement °n
try
group
a
of
banks
be
may
borrowed,
under which
this corporation
a
filed a
^e Securities and Exchange Com-
4
'
*'*
involved
in
.
the
'' ^r ' '
N Ylu't
arrangement is headed
credit
Terrell
SEC
Air Lines,
p.
Washington
purchase
at
(Mo.)—August Sales Higher
a
share
*
Warrants
will
expire
30
days
Wentworth Manufacturing
the
on
record
last
237,
1946
outstanding
Sept.
A
16.
an
12 Va
,
company
is
also
cents per share
currency
on
paying regular
,
.
.
quarterly dividends
its common stock.—V. 166, p.
record Sept.
Walter
P.
Marshall,
charge of the contract
director.—V. 166, p. 996.
the
1946
In
Dec.
Inc.—To Pay 75-Cent Dividend—
payments
following
$1.50.—V.
31,
194T
dividend of 75 cents per share
Sept. 30 to holders of
a
payable
30, laste,
1947.
cents on March 31,
and 75
1946 were 253
This compares with 62cents paid on June
24.
166, p.
made:
were
Sept. 30,
50
centsj
202.
Wheeling & Lake Erie RR*—Equip. Issue—
directors
trust
to
authorized
have
certificates
The
finance
of
in equipment
$3,940,000
of
issuance
purchase
steel-sheet
250
chase
was
certificates.—V.
165,
p.
c^is of
which pur¬
the equip¬
uo.,
and 1,000 all-steel 70-ton hopper cars for
authorized June 12. No date was set for sale of
tons capacity
996.
Distribution—
Whitehall Fund, Inc.—12-Cent
dividend of 12 cents per shnre ore
capital stock, payable Oct. 22 to holders of record Sept. 30.
initial distribution of 10 cents per share was made on July 19, last.
the
An
—V.
165,
declared
have
directors
a
3217.
p.
The
company
100,000
for
SEC
Sept. 3 filed a
shares of common
on
Y.—Files with SEC—
letter
stock
with the
rights to
of notificat'on
(par $1) with
to 10,000 additional shares. E. F. Gillespie & Co., Inc.,
New York, is named underwriter.
Proceeds will be used to pay bank
loan, acquisition of small implement company and working capital.
purchase
up
Ltd.-—To Redeem 5% Bonds—
Windsor Gas Co.,
the
of
first and refunding 5% 40-year mortgage
for redemption on Nov. 1, 1947 at par and
outstanding
been
have
called
Payment will be made at the Canadian Bank of Commerce
or
Windsor, Canada, or in London, England.—V.
16^
Toronto
1502.
p.
Woodward Iron Co.—Declares 100% Stock
Dividend—
regular quarterly cash dividend of
$1
per
share on the present outstanding common stock, payable*
Sept. 25 to holders of record Sept. 15.
This makes a total of $3*
per
share so far this year, as compared with $2.50 in
the lullyear 1946.
"
A 100%
stock dividend in common stock was also declared on the
common
stock,
payable Nov. 10 to holders of record
Oct. 31.—
directors
The
165,
have declared the
1364.
p.
(F. W.)
,
Woolworth Co.t-August Sales Declined 2.9%
$
$
44,195,531
166,
p.
$
$
45,544,847 337,696,149 325,294,895
708.
Yale & Towne
Gibson
1947—8 Mos.—1946
1947—Month—1946
Period End. Aug. 31—
Carey,
pany has expanded
of enclosed electric
Manufacturing Co.—Expands Products
^Jr., President, on Sept.
its industrial
that com¬
10 announced
products to include a general line
heating units.
Towne's manufacturing facilities In its Buffalo (N. Y.>
electrfe
plant are presently concentrated on the making of the rod type
heating unit, the company is tooling up to fabricate the other
two
kinds of enclosed units, the 3trip and cartridge types. Pro¬
ductive capacity is such as to permit prompt shipment of orders.
It wttS the difficulty of purchasing sufficient quantities
of quality
heatina elements
for its own domestic appliance requirements that
principal
promoted Yale & Towne
Mr.
Carey
New
to enter the electric
heating unit industry,
revealed.
Specialty Division
Establishment of a new
Established-
Specialty Division in the
Hoanoke*
of
yicinity
in the top management of the Stamford Division
company, were also announced on Sept. 11 by Mr. Carey.
The manufacture
and sale of automotive and specialty
be transferred from the Stamford Division to the new Specialty Divland
Va
changes
locks wttt
Jinn J? win
.«
«
new
obnt is built on the 22 acres
nfanagement'appointments
Wiliiam8^'Hoyt,19Oeneral
been
has
of land the com-
announced by Mr. Carey win become
Manager or
hM
oi Pr^aijtio...
nrd Division^
Specialty Division «
the Stamford Division.
appointed Assistant to the Vice-President in charge
A
Mi"°r. As«'<dant funeral Manaver of the 8tft^
M"-k
been
appointed General Manager
Virginia.
Soerbl
995.
Co.—New Director—
assistant to the President, Vice-President in
department and Treasurer, has been elected a
Western Union Telegraph
the eight months*
1947 and
1,817 and
were
Sept. 9 the directors declared
the outstanding
capital stock,
on
Cf
extra dividend of 50
31,
Number of wholesale accounts at Aug. 31,
1,637, respectively.—V. 166, P. 708.
respectively.
Western Electric Co.,
P"S
Co.—Extra Dividend—
cents per share
common
stock, payable Sept. 27 to holders of
similar extra payment was made on Sept. 27,
declared
year.
The
of
directors have
issue date.
will be used by Washington to
bank notes.—V. 166, p. 708.
after the
proceeds, with treasury funds,
without premium, its $2 million
1947—8 M"s —1946
$9,693,000 $75,718,000 $65,850,009
$11,595,000
While Yale &
company
$20
the President and
for
sales
and
W
will issue about September 12 transfer¬
stockholders (other than North American),
share two shares of Capital Transit common,
for each share held.
Washington will also issue to its parent, rights
to subscribe at the same price to less than
its proportionate share.
North
American
has agreed
to accept a lesser amount than it is
entitled to to avoid fractions in
exercise of warrants. The parent
also
will purchase unsubscribed shares of Capital Transit at $20 a
The
to
Inc.
1947—Month—1946
31—
sales
Number
$98,805,551 $92,008,267
granted
ap<»
860.
$33,137,000, an increase of 8.7%.
of units in operation on Aug.
were
708.
has
has been
C.
166,
1947—8 Mos.—1946
Co.—To Offer Stock
Manager,
new
position, Mr. Murphy will report to
responsible for all of Western's local, State
association.—V.
—V.
Increased 5.4%-
Railway & Electric
Traffic
General
President.
the
to
Murphy,
August were $4,822,000, an increase of 10.7%, and for
will
a
ProYw11!11 of $25,000,000
mission
dissent in writing must be filed prior
or
M.
gales
able warrants to its common
Increase
on Sept. 15,
the PurP0Se of obtaining consent or dissent to a proposal to
orrwf6 the *imits on funded debt from $5,000,000 to $25,000,000 in
aprol
permit borrowing of such sum, if desired, under a bank credit
Inc.—Changes in Personnel-
formerly
August, 1947 were $6,773,000, an increase of 26.9%
over
August, 1946, and for the eight months were $42,581,000, are
increase of 20.4% over the same period last year.
Wholesale sales for
N. Y., has been ap¬
the application of company (subsidiary of
North American Co.)
to offer its entire holdings of 120,000 shares,
or
50% of common stock of Capital Transit Co. to its own common
stockholders of record September 8.
The
$1).
rf°°r<i °* Prior preferred stockholders will be taken
Kelly,
F.
Retail
V.
Capital Transit—
of
The
inX
15,
to
stock.—V. 166, p. 164.
$13,151,545 $12,482,877
—V.
Indebtedness—
1947
New York,
Co.,
Net
Century-Fox
date
of redemption
on
preferred stock
^Extraordinary non-recurring tax benefjft
to
period.
lbo, p. 97.
matters,
trade
.
1947—Month—1946
31
Sales
pay,
Twentieth
.
*ii
Trust
&
Walgreen Co.- -August Sales
Period End. Aug.
994.
p.
on
Verney Corp.—Transfer Agent—
The
•
iion booics closed Sept. 9 and settlement
To
Shares—
3,000,000
Closed Sept. 12—
A
D.
Sales
payable Nov, 1 to holders of record Oct.
the 8% preferred stock, payable Oct. 1
36.—V. 160, p. 1673.
stock,
common
$2
vote
to
declared the usual
Washington
Tucker
dividend
the
participation with parent in consolidated Federal income
and Federal legis¬
He will con¬
Drinkwater, President, said.
tinue company representation on the Governmental Affairs Committee
of the Air Transport Association, Washington, the scheduled airlines''
in
Inc^—300% Stock Div.—
pointed transfer agent for the common
In
distribution of 50 cents per
while in 1946 four quarterly
that issue.—V. 166, p. 508.
a
made
dividends of 25
shares,
of
Assistant
be
lative
'
the
1,000,000
quarters,
shares
directors
holders of record Sept.
authorized
comimon
value.
The directors also declared
regular quarterly dividends of 50 cents
Per share on
the present common stcok and $1.75 per share on the
from
common
The
on
$2,951,70(5
interest.
Oct. 20 on a providing sufficient addi¬
permit a 300 % stock dividend.
quarterly dividends of $1 per share
will
stockholders
The
tional
and
whereby
622,519
$2,483,904
;
....
his
In
will
All
Universal Leaf Tobacco Co.,
on
resolution
a
"265,002
Governmental Affairs of Western
of
the
Inc.—To Increase Indebtedness—
$3,574,229
$2,748,906
$233,011
who has served as an Executive Assistant ore
the company's staff since January, 1946, has been appointed Director
regular
cumulative
the
of
214,18(1
86,107
CV2.212
209,092
263,797
$211,119
Thomas
509.
p.
convertible preferred stock will vote
Oct. 7 on increasing the indebtedness of the company from $2,000,000
to $3,500,000.—V. 165, p. 3099.
for
outstanding
The
stock
pointed
17,424
32,790
Crl,004
Western Air Lines,
per
payment was 25 cents on Oct. 14, 1944.
announces that "the dividend just declared
is
not
to be considered as
establishing a
previous
United Wallpaper,
each
stock without par value shall be changed into five
stock of $5 par value each.
At Dec. 31, 1946, there
adopted
17,424
30,382
deducts.
Wiard PIos Co., Batavia, N.
stock
Tobin.
M.
667,800
applic. to pfd, stock for the period..
Arthur
Common Stock—
on
declared
have
directors
The
offered at not more
& Dolphyn, Detroit,
be
to
McDowell
Mercier,
per
55,650
construct.
returns.—v.
bonds
Stock Split-Up, Etc.—
The
tax
The
down
shut
dividend
166, p. 994.
of
1945
largely due to uninterrupted
Utah, which were closed down
corresponding period in 1946, and to the
Tobin Packing Co., Inc.—Files with SEC—
2,000
$3,888,591
55,650
income....
ment
of
most
common
order
stop
requirements
share on the
common stock
and the regular quarterly
of S7Vz cents per
share
on
the preferred stock,
both payable Oct. 15 to holders of
record Sept. 25. This compares with 50 cents per share paid on the
common stock on April 15
and July 15, last, and $1 on Jan. 15, 1947.
The
inquiry will be
whether
and
statement
registration
dividend
preferred
Declares $1
question of the adequacy and accuracy of the disclosures
the
in
to
"Inclusive
50
dredges,
The
contained
$3.47
share.
com.
per
the same as last year.
However, these dredges dug
in gravels of higher than average grade and profits were better.
to
made into the
and
Balance
$1,569,017
1,091,879
$1,833,249
remain
eight
stop order
a
3,347
$316,983
On
$5,531,732
price of metals.
Alaska, due to the
In
The
proceedings
int.
chgd.
Net
(&
Mining Co.
&
1945
$2,786,430
31—
dividends
strikes
by
added.—
application
$4,545,493
673,194
5,123
of
and
in
equity
166, p. 995.
profit
shares.
high
Power
such
make
1,010,009
$4,476,870
68,623
bonds
mtge.
Dividends
NOTE—Improvement in earnings is
of the lead-zinc properties in
Power & Light Co.
were
acquired for public
that lands hereafter acquired
Texas
announced
3
on
Other
$0.79
taxes
share after
operation
subsidiary of American
by
1,010,000
$3,838,616
49,975
$336,467
Period End. Aug.
1946
$13,190,000
and
unconsol.
of
com.
depletion,
"After
mon
to
owned
84,166
$313,636
(net)
income..
Combined
1947
share after pfd. divs,_
common
earnings
"Earns,
corporation,
new
84,166
$331,344
utility plant
acquisition adjusts...
the
2,500,000
to
Northern
companies—
profits after charges
Preferred
corporation under Texas laws
rights (except coal and lignite)
Texas.
in
owns
a
Int.
liqui¬
of
the
followed
amounting
the
Income taxes
new
a
mineral
1.966.861
1,322,922
re¬
revenue...
income
Amort,
share
its
as
Franklin
Mr.
Ministry of Finance
British Treasury.—V. 166, p. 802.
Deprec.,
until further
should issue suspending the effective-the registration statement filed by company under the Securi¬
Act
completed
8 Mos. End. Aug.
860.
p.
of
Sept.
on
United States Smelting,
Subs.)—Earnings—
Thomascolor Inc.—Stop Order Proceedings—
ness
used
Int.
adding to its existing holdings of 6,200,000
other
"Including
Production
now
should
The
be
3003.
now
consolidated—V.
utility purposes, and it is its intention
iy it will be for similar purposes.
Although Texas Power has no present intention of disposing of its
oil and gas r.ghts to any independent buyer, the existence of a cor¬
poration would facilitate negotiations for a sale "when and if Texas
V. 166,
is
settlement
still
application
Oil
lands
Power
President,
Surplus
foim
to
lands solely
new
Power
return
The
will
p.
and
gas
it
an
&
gas
Texas
164,
original
£2
Net
filed with the SEC, would be tentatively
Co. and would acquire and develop tne
provide a fuel supply for its parent.
company
would be a wholly-owned subsidiary of Texas
would issue five shares of its $100 par capital stock in
the letter s oil and
mineral rights.
to
Gas
and
oil,
lands
according
oil
claims.—V.
a
"Net
Light Co.—To Form Unit to Acquire
&
plans
the
the
called
Proceeds
company.
proceedings.
Star
Earnings
Rights—
company
acquire
under
the
166, p. 707.
Oil and Gas
The
of
mining
decades
Gross
ex-rights
1,983,105
1,346,546
appropriation..
oper.
from
Net
to
Franklin,
Earnings per
quoted
not
136,435
111,520
942,755
retirement
during
Sales
under
Exchange directs, subject to the offering being
capital
162,245
120,192
taxes
Western Auto Supply Co.
,
The New York Stock
made,
other
other
&
Gross
United States Plywood Corp.—Earnings—
30, 1947, after provision for
applicable thereto.—V. 166, p. 801.
3s made.
officers
developing
Three Months Ended July 31—
Sales of corporation.
$558,866
lines
Property
Property
Net
1947—12 Mos.—1948
$1,011,939 $13,590,784 $11,983,881
4,149,983
5,412,517
366,182
518,881
deduction
retired
are
effective
upon
2%.—
tSpecial
and
$1,216,828
taxes
in
at
registration under the Securities Act of
1933, and the making of an offer by the company, holders of capital
stock of record at the close of business on Sept. 17, 1947, shall have
the right to subscribe, on or before Oct. 8, 1947, for capital stock,
of $25 par value, to the extent of one share for each five shares held.
The subscription price is to be determined shortly before the offering
Contingent
be
income
Federal
Oceanic
The
Co.—Rights to Subscribe—
Texas
will
ment.
$919,946
$3,965,022
Emergency
it
will
part of the corporate name of Cunard-White Star,
subsidiary of Cunard Steam Ship Co., Ltd.
indebtedness was between $11,000,060 and $12,000,000,
but the amount realized was said unofficially to be satisfactory to the
creditor company, which has been trying for
years to obtain settle¬
April
temporary lease which expired
federal inbome taxes of $549,000
thereafter
then
company
was
formed to expedite the liquidation of
Navigation Co., Ltd., a British corporation. The latter
ago is understood to have acquired ships of the old
White Star Line,
operated by International Mercantile Marine Co.,
the predecessor
to
the present United States Lines Co.
The name
the
$3,837,377
of
operation
from
income
"1947
$3,004,578
_
and
rate
ted.
several
361,080
2,142,000
1950,
The
1947—Month—1946
expenses.
Oceanic Steam
$919,946
506,697
income
oper.
September,
1949.
■Ja^er taxes> to' United States Lines Co.
Some
Net
September,
July 31—
revenues
Operating
serve
and
liquidation
"
125,000
2,030,000
until
outstanding stock of the Cunard White Star, Ltd., last July to the
Cunard Steamship Co., which merged with White Star, in 1934 at the
Government's request. Cunard bought 1,274,216 -shares of the old stock
1,830,000
'
until
tnrough
John
851,012
1,305,000
1,000,000
payable)
Depreciation
tax
annually
dation of the Oceanic steam
Navigation Realization Co., Ltd. has been
completed and has resulted in a capital gain of approximately
$2,175,-
prof.
exc.
Washington Water Power Co.—Earnings—
Period End.
Operating
it already
United States Lines Co.—Receives
Payment on Liqui¬
$2,093,358
6,065,544
Co.
dation of Oceanic Steam Unit—
Dec. 31, '44
$9,945,760 $18,438,627 $14,310,639
revenues____
exps. and
for
Fed.
*
1945
Trust
60.
exploring
Ltd.,
7
&
Other
6 Mos. End. -12 Mos. End. Dec. 31-^2 Mos. End.
1946
Bank
company on Aug. 29 filed a letter of notification with the
°.j 140'000 shares of common to be offered at 50 cents a share
sold
V
and
INCOME
June 30,'47
Derating
City of New York and includes
America National Trust & Savings
cwrw
White
OF
IVi %
166,
The
Oper.
the
U. S. Gold Corp., Seattle, Wash.—Files with SEC—
program.
prov.
of
National
announced
company
l-»/4%
2,100,000 shs.
bonds in one or more series may be issued under the
ortgage (subject to certain restrictions).
The total principal amount
f
bonas
which may be issued under the -mortgage is limited to
300 000,000 so long as any bonds or the 2%%
series due 1966 or
f
the 3%
series due 1967 are outstanding.
The amount of bonds
f the 2%% series due 1966 initially authorized was $35,000,000 which
as
since been reduced by retirement through the sinking fund of
onds which may not be reissued.
tThese notes mature semi-annually on July 1, 1948, and on each
an
i and July
1 thereafter, to and including Jan. 1, 1956, in
nstalments aggregating $885,000 each, with the final instalment aggre¬
gating $840,000 maturing April 1, 1956.
jThe 2Va: bank loan agreement permits the issuance of $15,000,000
f notes on or before Dec. 31, 1948, provided, however, that $7,500,000
f such
amount must be drawn down on or before June 30, 1948.
otes issued under this bank loan agreement will mature in 15 equal
emi-annual instalments from July 1, 1949, to and including July
:
1956.
The company presently intends to avail itself of tne bank
Joans provided for by this agreement as required for its
expansion
Period—
Bank
Commercial
become
100,000 shs.
5,000,000 shs.
the
V.
100,000 shs.
^-Additional
STATEMENT
National
has drawn $5,000,000 under the
credit arrangement,
as its certificate of incorporation permits.
This
loan, it said, was taken for working capital purposes.
Borrowings under the credit agreement will bear interest at' the
400,000 shs.
stock (par $5)
ommon
Chase
and
The
$34,660,000
stock (par $100)
cumulative preierred stock—
cumulative preferred stock—
referred
4
$34,660,000
due 1966
series
due 1967.—
•——
hank loan, due 1948-1956—_
is.bank
The
Association, the Manufacturers Trust Co., the Chemical Bank & Trust
0%%S)series
,4
by
the Bankers Trust Co., the Bank of
Outstanding
bonds (issuable in
pipe line
1st mtge.
CHRONICLE
succeed
Mr
of the new
AfiSjstant
Hoyt as General Manager
to
the General
of the Stamford
Manager,
Division.
Assistant Secretary of the company, will' b*
frred from the executive offices in New York to the Stam{ord
^ ,
wnere he will supervise all accounting and oflice proceuure ias well as
continue his duties as an officer of the company.-V. 165, p. 2932.
Hugh J. Mathews,
THE
COMMERCIAL & FINANCIAL CHRONICLE
.
Monday, September
15,
x
State and City Department
BOND
PROPOSALS AND NEGOTIATIONS
ARIZONA
o the
purchaser or his designated
agent on or about Oct.
20, 1947.
All legal work
pertaining to this
ssue of bonds has
been
Safford, Arizonia
Bond
Offering
State
—
Treasurer,
sealed
bids
until
Mit
Simms,
will
2
Fresno
Sept.
29 at
his office in the
Capitol
Building, at the City of Phoenix,
Ariz., for the purchase of $88,000 successful
bidder is to pay for said
not to exceed
2Vz% interest re¬ opinion.
The Board of Regents
funding bonds. Dated Sept.
the University and State Col¬
29,
1947.
Interest J-J. Denomination
leges will make the award on
$1,000.
Due $7,000 in 1948 and
Sept. 25, at either the Governor's
1949, $8,000 in 1950 and
1951, office in the State Capitol Build¬
$9,000 in 1952 and
1953, and $10,- ing, or at the Board's office on
000 in 1954 to 1957. At
the time the
Campus of the University of
and place above
indicated or at a Arizona, but
reserves the right to
later time, the State Loan
Com¬ sell only the amount of
bonds
missioners will
on
at
convene
their
place of meeting within said
Capitol Building for the
purpose
of
considering all bids received for
ject any
i
companied by
ARKANSAS
■
j
i
I- 5
4
H
!' ♦
]
'I'')
•.
is ■<
and
delivery to such bidder. The
State Loan
Commissioners reserve
the right to
reject any and all bids
received.
Delivery of the bonds
shall be made at
the office of the
State
Treasurer, in the Capitb
Building, at the City of Phoenix
Ariz. The final
I'
■'J
approving lega
opinion of Gust,
Rosenfeld, Divelbess, Robinette & Linton of Phoe¬
I '
M
'A")
nix will be
furnished by the Town,
and all
bids must be
uncondi¬
St
tional.
A
1'*'
University of Arizona (P. O.
Tucson), Ariz.
i
Vt '♦
Bond
v/'i
^
ents
}
i
i
of
E
Re
11
a.m.
(MST)
Sept. 24
or the
purchase of $1,000,000 or
ess, not to exceed
3%% interest
.
*
wilding
'?{
and
on
improvement bonds.
Dated Sept. 1, 1947.
Interest M-S.
Denomination $1,000. Due
Sept. 1,
958 to 1977
inclusive. Bidders to
-■< j.
ame one
rate of interest.
No bids
less than par and
accrued in¬
terest. Both
-
j
.
Clarence
Board
University and State
will receive sealed bids
Colleges,
^
>•
—
of the
ntil
4..1
Offering
Houston, President
-
or
\
■
shall
principal and interest
be
payable at the office
the Treasurer of
the Board of
■W-
Colleges
i
,?hi:
V f
University
Tucson,
buildings to
proceeds
-nets,
and
which
piospectus.
the right,
<
State
at the op-
constructed
from
the sale
these
of
in
of
addition
are
The
upon 30
lished
by
of other
detailed
board
sup¬
reve¬
in
the
reserves
days' prior pub¬
notice to
redeem at par
alue and accrued
interest plus a
premium of 3%, on
~
Sept. 1, 1952,
interest date there¬
after, any bonds in inverse
numer¬
or
'J1 it'
•4
4'!
*■
'<•.
'
upon
any
ical order from
surplus monies in
sinking fund after certain re¬
the
V,;*.
■"
t
serve
requirements have been met.
bidder shall include
in his
';id a statement of the total ne.
interest that will be
paid on the
issue under his
bid, provided none
Each
.'V
■'}
until
the
2
of
the
final
bonds
are
called
prior
to
maturity dates. The bonds
delivered in Tucson,
either
will be
p.m.
receive sealed
Oct.
on
11
for
of $200,000 not to
interest hospital con¬
bonds. Due on Feb.
struction
from
1960
to
inch, $8,000
inch, $9,000
1963
from 1964 to 1967
inch, $10,000
from 1968 to 1970
inch, and $11,000
from 1971 to 1973 inch
Interest
F-A. The bonds will be sold
upon
the approving
legal opinion of
Wallace
Townsend, of Little Rock.
A check for $2,000
payable to the
Aug.
at
12.
the
No
and
par
election
bids
accrued
for
held
less
interest.
on
than
Prin¬
Co.
of
San
Francisco,
bid
South San Francisco, Calif.
of
R.
2%s
H.
at
101.18
Moulton
&
Co.
be
held
on
Oct.
the
an
22
the
School
Bond
bonds
District
(P. O.
Ana), Calif.
den
ap¬
proved
the
issuance
of
$200,008
County Hospital bonds,
a
count of
a(j
the
successful
bidder
k
•
which
Owens
987 to 512.
Valley Unified School
these
bonds
were
I the
report states.
Dist.
(P. O. Independence),
Inyo County, Calif.
'
approved
b
Legal
pay
by
Stor
furnished the purchaser. No /
for less than par and accrued i
terest to date Of delivery will
j
from the facilities for
'
to
interest.
-pborndike, Palmer & Dodge,
Boston, whose opinion will
..
?^d $15,600,000 in. Bridge and
without |Bj>nmtorjr bonds wij11be
nam^ o^ut
°f revenue
taxes
and
be
^
u
valorem
principai
|
I (considered.
livered
attorneys will be furnished
carrying
by
able property in the
city will
subject to the levy of unlimit
<Jue entirely to the sale of the
$6,000,000 issue for the Old LimeI Old Saybrook Bridge. Bond ma.
of
Boston, or at
ngw Britain National
Bank. Th
will be valid
general
ligations of the city, and all t
I
turlties
Bank
bonds
the past fiscal year
which brought total_ debt as of
Sept.
charge *
5
l
Principal
Uebt durmg
purchased by Wee-
Interest M-S. The
proceedings for the issuance of said
bonds will be submitted
for
to
$6,000 from
interest payable at the First
tional
Co., of San Francisco, as June 30, 1947, to $z»,l»3,uuu.
2Vzs, paying a premium of
$602.00,]
He pointed out that the increase
1, 1947.
th
Dated
Aug
$14,000 from J
follows:
as
Hartford, discloses an increase of
$5,348,000 in the State's bonded
&
equal to 101.002, a basis of
2.35%.
The second
highest bidder was
William R. Staats
Co., for 23As at
100.61. The bonds are dated
1943,
bonds.
Due
inclusive.
year totaled $652,00^ Mr, Adorno said.
I
?L; „ie.ar f~eil•
?
'
an-. [$*2,583,000 in funding and bundCounty, is required.
proval to O'Melveny & Myers ofl
^*lds
maturity
Los
Polk County
Angeles, and the opinion of ou*
(P. O. Mena), Ark.
°*.;ke^ateReurgent Fundy
said
Bonds Voted—The
County Clerk
states that the voters have
on
Aug. 1, from 1949
1963, inclusive.
140,000 street, series
to 1953, and
$5,000 from 1
to 1967,
Adorno State Treasmade. publicly recently at
urer>
$60,000 school
Sept.
1—v.
166,
offered
and
Union] Joseph A.
Santa
Sale—The
898—were
p.
000
$1,000.
Bid
Connecticut (State of)
to name one rate
of interest'
Total Bonded Debt Put At
$28,multiple of JA or 1/10 of 1%
183,000—The
annual
report
of I au 0f
the bonds.
of
$191,000 construction bonds.
Orange County, Costa Mesa
thirtee
series,
eighth
issue bo
Dated Aug.
1, 1947. Due
$1
Denomination
voters
issuance
,
,
fund,
CONNECTICUT
election
\
July 1, as folk
$55,000 from 1949 to
1952
$56,000 from 1953 to
1957
inclusive.
'
150,000 water
Angeles), Calif.
consider
will
building
first
July
1, 1949 to 1958,
inclusive.
100,000 sewer fund,
twenti
series, first issue bonds.
Da
June 1, 1947,. Due
on
June
on
tion,
recreation
Angeles County, Duarte School equipment bonds.
Election—At
Dated
on
1947.
16 to have the voters
the proposed issuance of
$365,000 Police Station, Fire Sta¬
pass
that
was
bonds.
Due
issue,
Sept.
on
high
for
veterans
housing, series 1,
Bond Election—The
City Clerk
states that an election will be held
2%s,
as
| $500,000
„
cipal and interest payable at the
County Treasurer's office. A cer¬
paying a premium of $5,876.00,
equal to 103.333. The second
1,
follows: $5,000 in 1949 and
1950;
$6,000 from 1951 to 1954
incl., $7,000 from 1955 to 1959
$1,000.
Board of Supervisors, is required.
3%
as
thorized
by Weeden
&
to
Howell,
Denomination
on Nov.
1, as follows: $8,000
from 1949 to 1965
inch, and $9,000
in 1966. These are the bonds au¬
Independence), Calif.
Bond
purchase
exceed
about
Bends
to, the
Oct.
2,
L National Bank
issued,!
will
be
purchaser
1947,
at
op
the Fi
of Boston,
Norwich, Ccnn.
Bond
\
Sale—The
$200,000 stf
improvement bonds offered Se
CALIFORNIA
I 8—v. 166, p. 997—were
Bond Sale—It is stated
purcu"
by the [ to more than
$78,000,000,' princi- by the First Boston Corp., as 1.3
Adin
Elementary Sch. Dist. (P. O County Clerk that $176,000 school pally, because of the
bonds were awarded on
$50,000,000 at
100.029,
a
basis
of
Alturas), Modoc County, Calif.
ab
Sept. 2 issue
for
the
State
veterans' 1.295%.
to Weeden & Co. of San
The
Bond Offering—Sealed
bonds
are
dat
bids wil
Francisco, bonus.
\
r
as
be received until
/ *'
Sept. 1, 1947; Due serially fr
2%s, at a price of 103.333. Run10 a.m. on
Sept
Funding and building bonds 1948 to 1967 incl.
15
nerup in the bidding was R. H.
The legality
by Ella C. Schloss,
County Moulton
totaling $254,000 matured Dec. 1J the
&
bonds will be examined
Clerk, for the purchase of
Co., offering 101.18 1946, and were
$27,000 for
paid out of the
23/4s.
school bonds. Interest
Day, Berry & Howard, of-Ha
rate is not
Bond Retirement Fund. The balI ford, and a
to exceed
copy of the opini
5%, payable M-S. De- Pajoro Union School
fP
District (P. o I ance in the fund on June 30, 1947, will
O.
nom. $1,000. Dated
accompany the bonds wh
Sept. 15, 1947
amounted
to
Salinas), Monterey County,
$13,736,614.94, in- delivered. Principal and inter
Due Sept.
15, as follows: $5,000
lted as follo^s:' u„ited states
in 1948 and
(M-S) payable at the Hartfor
1949, $3,000 in 1950
Bond Election—The
issuance of
and $2,000 in 1951
to
1957., No $225,000 construction bonds will
Connecticut Trust Co'' HartI°
Did for less than
L,
par and accruec
be submitted to tho vnf.ro at
the voters at an I $122,623. The rest of the fund was I
DELAWARE
interest.
on
Principal and interes
election to be held on
deposit in banks. Net income
Sept. 16.
payable at the
Wilmington, Del.
from the investments
County Treasurer
amounted
office.
Bond Sale—The $535,000 Vk
Enclose a certified
Placer County, Roseville
to $272,822.33.
check
or 10% of
sewer
bonds offered for sale,
the bonds bid
Net income from
Elementary School District
for, pay
Highway Fund I
able to the Chairman
Sept. 1
v.
166, p. 899 — we
(P. O. Auburn), Calif.
investments amounted to
Board oj!
$81,725 awarded to Chas. E.
Supervisors.
Bond Sale—An issue of
Weigold
$75,0001 £unng the fisCal year, and to
COl) and Geo. B. Gibbons
construction bonds was
Alameda County,
purchased $176,056 from the Postwar Pur&; C
Irvington Schoo by R. H. Moulton
inc.,. both of New York, jointly,
& Co. of
Dist.
I
Since the fiscal
year's-end, the
State's bonded debt has increased
.
.
^°7ern^®nt b°"finm/nt3'5hnnH«'
!?AS
.r,
(P. O. Oakland), Calif.
Bond
Sale
Details—It
is
re
ported by the Clerk of
the Board
of
Supervisors that the
$48,000
school bonds which
were sold to
the
Bank
of
America
Trust
San
sold
National
Association of
&
Savings
Francisco, as noted here,
at
price
a
interest
the
cost
bonds
dormitory $19,000
be
plementary pledge
nues
k",(.
County Judge, will
bids
John
—
M-N.
Due
tified check for 5% of the amount
bid for, payable to the Chairman
district (P. O. Los
County (P. O.
Nashville), Ark.
Bond Offering
t
j
"-ft
or
and
holder thereof, at the
Harris Trust &
Savings Bank of
Chicago. Bond service will be se¬
cured by
a pledge of the gross in
come from the
two new
the
•lU
..
at
*fon of the
•;w
■i
Re¬
gents of the
.mi,;
of
est
O.
Bond Sale—The
$176,000 school
bonds were purchased
Howard
cash¬
or
ier's check drawn on a
member
bank of the Federal
Reserve Sys¬
tem in an amount
equal to 5% of
the total par value of
the
bonds,
said check to be drawn
payable
to the order of the
State Treas¬
urer.
The certified or
cashier's
check of. the
successful
bidder
shall be
retained by the State
Loan Commissioners to
be applied
upon the purchase
price of said
bonds and shall be forfeited
in the
event such bidder does
not take
up and pay for said bonds
im¬
mediately upon their insurance
,i't
k
certified
a
(P.
Inyo County, Owens Valley
Unified S. D. (P. O.
Los
the purchase of the
bonds and to
such action thereon as
may
be
deemed advisable.
All bids
must state the rate of
interest to
be paid.
No bid for the
purchase
of the bonds at a
price less than
the par value thereof
will be con¬
sidered and all bids must be
ac¬
i'l
District
authorized at the July
were
29 election.
all proposals received.
or
take
•'
Donds
deemed necessary to construct and
furnish said dormitories or to re¬
usual
\)
Kings Counties, Laton
School
Fresno), Calif.
Bond Offering—Sealed bids will
prepared
by Chapman & Cutler of Chicago, De received
by the County Clerk
and their
approving opinion will until Sept. 16 for the
purchase
ae delivered with
the bonds. The of
$5,000 building bonds.
The
receive
p.m.
and
Joint
as
of
100.102,
were
a
net
of
about 2.43%, on
divided
as
follows:
2V4s, due
on
Sept. 15,
$1,000 in 1949 to
1958, and $3,000
in
1959
to
1961;
$29,000 as 2%s,
$3,000 in 1962 to
in
1969
and
able M-S.
an
offer
the
remaining
due
Sept.
15,
1968, and $4,000
1970.
Interest pay¬
Second best bid was
by Weeden &
Co.,
100.95 for 2%s.
of
Alameda
County, Union Sanitary
District (P. O.
Oakland}, Calif.
Bond Sale
Details—In connec¬
tion with the sale of
the
sanitary bonds,
at
p.
100.048,
996,
were
posed
we
awarded to
of
National
$60,000
3M»s and JPAs,
reported in v. 166,
now
learn the bonds
as
as
the
a
syndicate Com¬
Bank
of
America
Trust &
Savings Asso¬
ciation, American Trust Co., Wee¬
den &
Co., and Lawson, Levy &
Williams, all of San Francisco.
San
Francisco
$200.00,
paying
equal
P°^s FAu^d-
100.266, a net
1.85%, as follows:
1957,
in
1961,
2s.
as
The
bonds are
Interest M-N.
Principal and interest payable at
the County Treasurer's
office. Delivery will be made to the
chaser
pur-
at
office
the
County Treasurer's
as
soon
as
the bonds can
be prepared
which, it is estimated,
will be about Nov. 7.
The
reP°r
|
chaser
with
a
charge,
together
Riverside
County,
Alvord
FLORIDA
„
■
Dade County (P. O. Miami), r
• Bonds Not Sold—No bidsw®
received for the not to exceed d
Moseley
as
1.20s.
Interest M-S
a.
are
to
basis
at
of
1.19%.
The
dated Oct. 1, 1946. InDue
Bond
serially
be
to
the
Bond Offering
W.
Daytona Beach, Fla
Election Contemplated
It is reported that
an
election W1
be held in the near future to ha
the voters pass on the issuance
$1,350,000 civic building bonds
opinion
sent
purchaser
New Britain, Conn.
District (P. O.
Riverside), Calif.
Bond Offering—G.
A.
102.21
Co., of New York,
sold
without cost. .The second
highest
bid was that of the
First Boston
Corp.; for 1.30s,, at 100.669..
Sc&ooi
offer of
interest causeway revenue bon
offered Aug. 18—v. 166, p. 7
will
script of proceedings. The second
high®* bidder was
Heller.Brut*
& Co., for
$75,000 2s, at 100.609.
an
by the Chase Nation
Bank of New York,
from
incl. The bonds are
Hawkins Delafield &
Wood, of New York City, and a
copy: of the approving
pur-
without
Was
S.
bonds
certified copy of the tran-
bid
F.
899—were
100.067,
legal
kest
*
| terest A-O.
Neff,[ 1947 to 1966
Brown & Herrington of
San
Fran-1 approved by
cisco will be furnished to
the
opinion of Orrick,
Dahlquist,
27%.
submitted
Darien, Conn.
L v,
Bond Sale—The
$425,000 school
bonds offered
Sept. 1—v. 166, p.
&
price of 102.28,
a basis of abo
Dated Oct. 1, 1947. D
$21,000 from Oct. 1, 1948 to 19
incl; interest payable A-O. Seco
a
,
which Will require legislative acHe would not disclose the
?a*ur®
the recommendations,
£ut said they would be made publlc Pf,lor to Qur next annual
as
1, 1947.
u.
P10?1-
l%s,
and $31,000
maturing Nov. 1, $10,000 from 1958 to
1960, and $1,000
dated Nov.
.
m^his report h
thalhls offlce,:had under consid-i
era^?n several recommendations
maturing Nov. 1, $5,000
from 1952 to
1954; $9,000 in 1955;
$10,000 in 1956 and
.,
.Mr. Adorno said
of
to
interest cost of
for $44,000
premium
a
|
Escambia County School Distric
No
io fP O
Pensacola),
Bond Election—At an electio
to be held
on
Sept. 26, the vote
will consider the authorization
$100,000 construction bonds.
H.
JuddJ Jackson
County (P. O. Marictnna
not, County Clerk, will receive President, Board of Finance and
Florida
Taxation, will receive sealed bids
sealed bids until 10
Bond Election—A proposal
a.m. on
i_!t
Sept.|c/o the New Britain National issue
29 for the
purchase of $145,000
$100,000 3% county jail co
Bank, until 11:30 a.m. (DST)V on
not to exceed
struction bonds will be submit6
5% interest school
J Sept. 18, for the purchase of: the to the voters for consideration
bonds. Dated Nov.
Pequeq-
—
|
.
_
i
1, 1947.
.
Inter-1 following
$890,000 coupon bonds: I the November
general election.
folume 166
Number 4629
THE
Jacksonville, Fla.
Certificate Offering—The
City
Commission« will receive sealed
[ids until 11 a.m. (EST) on Oct.
the purchase of
for
serially on July 1, as
300,000 in 1052; $300,000
t00,000 in 1954; $450,000
150,000 in 1956; $700,000
550,000 in 1958; $700,000
550,000 in I960; $675,000
10,000 in 1962; $625,000
1,000 in 1964; $800,000
),000 in 1966; $900,000
)ue
[900,000
in
1968;
Chicago,
De-
follows:
1953;
|n 1955;
in 1957;;
in 1959;
in 1961;!
in 1963i
in 1965;
in
1967^
ders must
be^eCeiVed
rate
or
Interest in multiples of
y4
rates
of
or 1/10
No bid less than
par and
kccrued interest will
be consid¬
ered. The certificates
If 1%;
approved
\s to legality
by Caldwell, Trim¬
Mitchell,, of New York City;
ble &
A. certified
of
jrer's check
cashier's
on-
or
corporated bank
(for 2%' of
required.
.
or treasthe banks
one of
bf Jacksonville,
upon
trust
or
certificates
an
in¬
company,
bid
for
is
Debt
Settlement Offered—The
Town Commission
is reported to
wve adopted; a
resolution which
[offers holders
[bonds
able
of
City of Largo
exceed
J-D.
pay¬
Aug. 1,
1, as
follows: $20,000 in
1950, ^tid $30,000 in
1951
to
1966.
to
as-
principal only. Rate
terest to be in a
multiple
of in¬
were
1/10
The bonds
Interest
1949
offered.
tional
Bank
tion
were
held
of
Chicago.
authorized at
and
on
made,
July 19.
.
-
v:/
•
.
The
*. ::
Commissioners in their
[olution offer the bondholders
proximately
25 cents
outstanding
1
on the
bond
res-
ap¬
dollar
principal.
would total
$210,500, which
proposes to pay off with
|the Town
>year 3%. bonds.
St.
Petersburg
of
a
new
bridge
1,
1977.
and
are
3.34% to maturity.
the
to
Proceeds from
sale
Port A uthority
Petersburg), Fla.
Causeway - Bonds Validated—A
integral
|decree is said to have been sighec part of the proposed highway de¬
velopment of the St. Louis Metro¬
[recently by John W. Bird, Circuit
|Court Judge,, validating the $15,- politan area. It will represent the
(Pi O. St.
first
000,000 not to exceed 3%%
Cause
[way Revenue bonds. "
'
to
span
river into
be
built
the
across
central St,. Louis in 29
.
years/ The
for
GEORGIA
,
interest
Gainesville, Ga.
[held
states
that
at
the
Sept., 2, the
on
date
and in whole
Bends Voted—The
City Secre¬
tary
new
election
voters
ap¬
I, 1954, at
est
bonds
sinking fund
callable
are
purposes on
after
.
Jan.
1,
on
1951
in part after Jan
100 and accrued inter¬
or
plus premiums of 5%
deemed
any
if
re¬
prior to Jan. 1, 1956
scaling down to 2% after Jan. 1
proved the issuance. of the fol¬
lowing bonds totaling
$500,000: 1966,
$200,000 water works,.
1971,
and
or
on
prior to
or
Jan.
Shields
recreation
[building
bonds.
and
:
Allen
&
Co.
&
Co
in
basis
Is, at
price of 100.18,
about 0.95%.
Dated
of
a
the Carleton D*
Beh
fering 100.168 for Is.
was
Co.,, of¬
Due
$500
on
July
by
of
the
on
Co.
of Des
1955.
Harriman
Gilmore City Indep. School
District
(P. O. Gilmore City), Iowa
Bond Election—The
issuance of
$200,000 construction bonds will
be submitted to the
voters at an
election scheduled for
Sept 17
Jasper.
Ripley &
iy4s, at
Co.,
Inc.,
price of
logg,
Offering—Pearl B. Kel¬
City Clerk, will receive
maturing on Oct. 1,
1965, incl., and
>u00 from
1961 to
>0Q0;in 1966,
as
2V2S.
The bonds
a/e^ dated
Aug. 1, 1947. Interest
bonds will be delivered
aipject to obtaining the
approving
I^. The
of
Chicago,
v
l
Chapman
which
&
Cutler,
fee paid
will
* °y Ihe district. The
printing
kJ* Registration
Paid for
of the bonds will
fey the bidder.
Chicago, III.
i^^nd Sale—An
*
issue
of
$12,-
Ju,0€0 revolving fund bonds ofAug. 25
v.
166, p. 804
iered
—
as
—
Purciiased
by a
syndicate
the Continental IINational Bank & Trust
f^nposed
nois
of
Co.,
J. B. Hanauer &
Co., Inc.;
Johnson & Co.; Charles
K. H,
King &
Co.; Peters, Writer & Christensen
Inc.; Scherck, Riehter Company
Scott,
Horner
&
Mason,
Inc.
Friedman, Brokow & Lesser, and
Fauset, Steele
Co.
crued
interest, yielding 3.34% to
maturity. They are being offered
for delivery when, as and if
is
sued
and
chasers
as to
received
and
subject
by
to
the
pur¬
approva
legality by Chapman & Cut
lor, of Chicago;-
$175,000 school building bonds
v.
166,
p. 997. The successful
for 23/4s, at a
price of
102.75, a basis of about 1.75%.« The
>onds are dated
Sept. 1, 1947. In¬
terest
M-S.
Due
)id
was
serially from
inclusive. The ap¬
proving opinion of Wyatt & Graf¬
ton, of Louisville will
accompany
the bonds when
delivered.
;
948
to
1967
•<
Henderson County (P. O.
Henderson), Ky.
Bond Offering —
Sealed bids
will
be
on
received
Sept.
15
until
10:30
Fred
by
G.
a.m.
Vogel,
County Judge, for the purchase of
$140,000 school building revenue
bonds. Interest rate is not
to
ceed
ex¬
2H%, payable J-J. Denom.
Dated July 1, 1947.
Due
$1,000.
July 1, as follows: $6,000 in 1950
to 1954,
$7,000 in 1955 and
1956,
$8,000 in 1957, $10,000 in 1958
to
1965, and $8,000 in 1966.
Subject
to redemption as
a
whole or in
part,
in
order,
their
inverse
on* any
after
July
numerical
interest
1,
1948,
due
date
103,
and
at
interest to and
including
Bidder
to
name
terest in
No
bid
the
multiples of
for
less
par.
of. in¬
rate
than
accrued
interest per
will be considered.
y4
of
1%.
$1,030 and
$1,000 bond
Kentucky (State of)
Milton-Madison Bridge to
Toll
Free—It is
announced
Be
by J.
Stephen Watkins, State
Highway
Commissioner,
from
that
civic
leaders
Kentucky and Indiana will
with him on
Sept,, 16, to
meet
public
a
freeing
ceremony for the
the
Milton-Madison
of
bridge
the
over
Ohio River, one
two
remaining toll bridges in
Kentucky.
of
Denomination $1,000.
I, 1947.
opinion
about $23,000
as
basis
a
Due
as
of
a
about
1.245%.
Dated Sept.
follows: $6,000 on
to
be
attorney's
by the
furnished
"After August tolls
are
deducted
must
more
be
col¬
lected before the State can
July I, 1948; $6,000 on Jan. 1, and City.
: ;
retire
-v.;
on July
the revenue bonds and
1, in 1949 to 1961; $6,000,
free the
Jan. 1, and $7,000
Trimble County span," Mr. WatNew Providence, Iowa
July 1, 1962,
and $7,000 on Jan. and
kins said. "The
Bond Sale
The Town Clerk
bridge was ac¬
July 1 in
1963 to 1967.
Principal and in¬ states that $15,000 water revenue quired by the State Dec. 10, 1937,
at a cost of
terest (J-J) payable at the
bonds were purchased on
$915,000." August re¬
County
Sept. 2
Treasurer's office.
Legality ap¬ by the Hardin County Savings ceipts from the bridge totaled
Bank of Eldora, the
proved by Ross, McCord, Ice &
only bidder. $15,964.97, according to the Com¬
Miller of Indianapolis.
missioner
Dated Sept. 1, 1947. Due on
who
added:
"Traffic
Sept.
1, in 1949 to 1967, incl. Principal normally decreases during Sep¬
—
and interest
payable at the Town
Anamosa, Iowa
Bond Sale—An issue of
$65,000
sewer
bonds, offered on Sept. 10,
purchased by Ravenscraft &
Co., of Cedar Rapids, as iy2s, pay¬
tember
Treasurer's
IOWA
V
cult to
office.
Legality ap¬
proved by Chapman &
Cutler, of
Chicago.
.
...
Villisca Indep. Sch. Dist. (P. O.
Villisca), Iowa
and
$46,000 in 1966 and 1967. All
maturing
subsequent
to
1, 1955, may be called for
payment at the option of the city
on Sept.
1, 1955, and on any inter¬
est paying date thereafter.
The
bonds
Sept.
1* 1948 to 1950 incl.; and $84,000
13/4s, maturing Oct. 1, $9,000 from
inch, and $10,000 from
1951 to 1956
1957 to 1959 inch Interest A-O.
tion
a
the
voters are reported to
approved the issuance of
$33,500 street improvement bonds.
have
the
Sept.
18
$200,000
for
the
a.m.
purchase of
Liberty Memorial
The
bridge
Madison
connecting
on
Milton
Kentucky High¬
way
37
vate
enterprise at a reported total
of $1,365,101.84.
The 3,181-
cost
constructed
was
as
a
pri¬
foot span was
opened to traffic in
1929. It is one of 19
December,
bridges acquired by the State un¬
1928
Murphy Act provid¬
ing for acquisition by issue of
der the
bonds.
revenue
All but two of the
bridges have
been freed, 12 of them
within the
past
three
collected
years.
the
on
span and the
Tolls
still
are
Milton-Madison
Rockport bridge ov^r
U. S. Highway 62.
Green River
on
LOUISIANA
Webster Parish School.
Bond
Secretary
will
Districts
(P. O, Minder), La.
Offering — J. E. Pitcher,
Parish
receive
School
Board,
sealed
bids
until
1:30 p.m. on Sept. 23 for the
purchgse of the $144,000 not to ex¬
$80,000 Cotton Valley school dis¬
trict No. 12 bonds.
000
from
Oct.
to 1952 incl.
Due
15, from
$16
-
1943
A certified chexk
64,000 Sarepta school district N5.
County (P. O. Scottsville),
Kentucky
Bond Election—At the general
Cedar
ler,
diffi¬
definite free¬
for $1,600 is required.
KENTUCKY
Bond
sealed and open bids until 10
therefore
a
follows:
Allen
on
is
recent elec¬
bonds.
Rapids, Iowa
Offering—Walter E. Mil¬
City Treasurer, will receive
it
ceed 4% interest bonds divided as
Galena, Kansas
Bonds Voted—At
bonds will be sold
and
anticipate
ing date at this time."
and
was
subject to the
approving opinion of Stipp, Perry,
Bonds Offered for Investment— Bannister, Carpenter & Ahlers, of
Des Moines, as to their
The successful bidders
legality
reoffered
and their opinion will be deliv¬
the above bonds for
general sub
scription at a price of 103 and ac¬ ered together with the printed
&
of
sealed bids until 7:30
p.m. on Sept
16 for the purchase
of $37,700
sewer bonds. Bonds
and
jointly,
100.05,
ILLINOIS
[snd $23000
»
Ky.
Saie
Details—Stein Bros.
8c Boyce, of
Louisville, were asso¬
ciated with the
Bankers Bond Co.
ouisville, in the recent purchase
plan
Mason City, Iowa
Bond
and
the offering
Bear, Stearns & Co.; Hemp¬
ing a premium of $1,340,000, equal
Bond Sale—The
$5,500 School
hill, Noyes & Co.; John Nuveen & to
/ ;v;'
102.06, a basis of 1.263%. The Teachers' Home bonds offered for
Co.; E. H. Rollins & Sons, Inc.
Alton School
bonds are dated Sept. 1, 1947. Due sale on
District, III.
Sept. 9—v. 166, p. 997—
Stroud & Co.,
Bend Offering —
Inc.; Robert Haw
Sealed bids
serially from 1949 to 1962 inch
were
awarded to
the
kins & Co.,
Nodaway
Inc.; Boland, Saffin
[will be . received until Sept. 30 &
Valley National Bank* of Villisca,
Co.; Hirsch & Co.; Coffin &
Atlantic, Iowa
/
'
[or the^ purchase of $1,000,000
as 2s, at a price of
101.00, a basis
Burr, Inc.; American Securities
Bond Sale—The $600,000 elec¬
of about 1.75%.
Due on May 1
[building bonds.
Corp.; R. D. White & Co.; Welsh tric revenue bonds offered Aug.
and Nov. 1,
1949 to 1954>
[Arfmgfort Heights Township High Davis & Co.; John Small & Co. 29 were purchased by the Wachobincl. Interest payable M-N.
School District No.
Barcus, Kindred & Co.; Herbert J Bender Corp., Of Omaha, as 2s,
214, III.
Bond Sale—The
$75,000 school Sims & Co., Inc.; Wm. E. Pollock paying a premium of $12,050,
KANSAS
|bonds offered Sept. 8 were pur¬ & Co., Inc.; Suplee, Yeatmai* & equal to 102.008, a basis of 1.704%,
chased by John Nuveen
& Co., of Co., Inc.
The bonds are dated
Columbus, Kan.
/
Sept. 2, 1947.
icago, paying a premium of
Due on Sept. 1, as follows:
Bond Sale Details—The $111,000
Also, Stern Brothers & Co.
$27,>50, equal to 100.03, a net inter- Charles
(not $51,000) hospital improve¬
Clark & Co.; J. G. White 000 from 1950 to 1953, inch; $29,N cost of
2.372%, as follows: For & Co., Inc.; Buckley Brothers 000 from 1954 to 1957, inch; ment bonds—v. 166, p. 709—were
rw2,00Q maturing on Oct.
1, $5,000 McDougal & Condon, Inc.; Reyn¬ $32,000 in 1958 and 1959; $34,000 said to the Dunne-Israel Invest¬
rom 1949
to
in 1960 and 1961; $36,000 in 1962 ment Co., of Wichita, as follows:
1952, inci.;. $4,000 olds & Co.; D. A. Pincus & Co.
from
1953; to 1960, incl., as 2.14
and 1963;. $40,000 in 1964 and 1965,
$27,000 VAs, maturing $9,000 Oct.
s,' Campbell & Co.; Dolphin & Co.
are:
County (P. O.
Shepherdsville),
for
German
Indianapolis,
Bond
July 1, 1953; thereafter, at
102, to
and
including July 1, 1958; there¬
after, at 101, to and
including
July 1,, 1963, and thereafter, at
Moines. Interest J-J. Due
as follows:
$1,000 from
1948 to 1954
inch, and $1,502.77 in;
July 26,
Aug. 29 by the Fletcher
of
Bullitt
accrued
pur¬
chased
Trust
1
and without premium there¬
$190,000
school, $75,000 swimming pool and after.
$35,000 armory
Associated with
and
as
Sept. 2, 1947. Due on Nov.
1, as
follows: $4,000 in 1948 to
1952, and
$5,000 in 1953. Interest
payable
M-N.
Runner-up in the bidding
at
O. Columbia
City)p Ind.
Bond Sale—An issue of
$245,000
Memorial Hospital bonds was
yield
will be used to finance
construction of a four-lane vehic
ular bridge over the main
channel
of the
Mississippi from East St.
Louis, 111., into central St. Louis,
Mo., which Will be an
iy2s,
Whitley County (P.
priced at 103
interest
Kenneth
par
$9,400,000 3%%
bonds, due July 1,
The bonds
accrued
1947.
l%s„ submitted
American Bank
issue of
revenue
of
a
1, 1948, and on Jam and
July 1
from 1949 to Jan.
1, 1963. Interest
payable J-J. The only other bid
received was an offer of
obligation of the
[Town and certain portions of the New York, head a
group
[territory outside the Town which vestment" banking firms of in¬
which
formerly constituted the
City of made public offering on Sept. II
[Largo.
that
Moines,
the Dubois
elec¬
East St. Louis, III.
Bonds Publicly Off
ered—Shields
& Co. and Allen &
Co., both of
an
—
second
Co.,; for
O.
Airport Commission
Charles City), Iowa
Colwell Consolidated
School
District, Iowa
County State Bank of
Bond Sale—The
$8,502.77 iy2%
Jasper, as iy4s, at a price of 100.38,
interest funding bonds
a
were pur¬
basis of about
1.19%.
Dated chased
by Wheelock & Cummins,
Sept..
These
an
&
The
City
Bond Sale
The
Secretary of
the Commission
reports that $25,000 airport bonds
were offered for
sale on Sept. 3 and
were awarded
to Wheelock &
Cummins, of Des
Harbison Township School
Township (P. O. Jasper), Ind.
Bond Sale—The
$15,000 school
bonds offered for sale on
Aug. 23
-v. 166, p.
805—were awarded to
interest payable at the First
Na¬
bonds
Raffensperger,.
incl.
was
Johnson
101.27..
maturity
Principal
(P.
dated Sept. 15,1947.
Due serially from
1959,
S.
by the bidder
therefrom
any
deducting
are
J-J.
to
highest bid
by de¬
to
at the rate
specified
purchased by
Charles
Hughes & Co., of
Indianapolis, as
IVts, paying a premium of
$21.89,
equal to 100.199, a basis of
1.219%.
same
termining the interest
The
—
being
the printed bonds and
the approv¬
ing opinion of Chapman &
Cutler,
of
Chicago, and all bids may be
so conditioned.
A certified check
for 2% of the
amount of the bonds
is required.
Elwood, Ind.
Bond Sale
of %
of 1% and
must be the
for all the
bonds.-The bonds
will be awarded
to the
respon¬
sible bidder on the
basis of the
lowest interest cost to the
District,
but no bid will be
considered for
less than par. In
determining the
best bid the
interest cost to the
District will be
computed
or
re¬
$11,000 city
wilding and equipment bonds of¬
fered Sept. 8—v.
166, p. 997—
Registerable
1957,
equal preference will be
given to
the bid of par and
accrued inter¬
est or better which
specifies the
lowest coupon rate.
Principal and
interest payable at the
City Treas¬
urer's office. The
city will furnish
INDIANA
Denom. $1,080; Dated
1947. Due on Dee.
to
things
Twp.
hat $76,000 road
bonds were
cently approved for issuance;
1954
award will be made on
any bid
for less than
par and accrued in¬
terest.
All
other
Nov. 1.
on
as
inch, and $18,000 in 1958. Bidders
should specify the rate of
interest
in multiples of
y4 of 1%, but no
(P. O.
Monmouth), III.
Bends Approved—It is
reported
P-niw
23/4^,
inch,
1,
Sept. 1, 1947. Due
follows:
$22,000 in
1953; $40,000 from
First
Monmouth
settlement of the debt of
in principal which ha$ J
a
[$842,000
[been
is not to
premium
tar go, Fla,
.
7:30
Direc?
tors, for the purchase of
$500,000
coupon building
bonds. 'Interest
rate
after
■
Until
Dated
Sept.
recently
the
'*>' 1964
/ST), on Sept. 15, by H.
Joseph
Cihak, Clerk of the School
payable
name
as
(P. O. Chicago,
38), Ittr
Bond
Offering—Sealed bids will
in
the City Treasurer
or at the Chase
Jational Bank in New
York City;
[t the option of the holder. Bid¬
to
■
1969; $1,000,00*1 in 1970;
$1,000,K) in 1971, and!
$1,000,000 in 1972;
Principal and interest
Jacksonville,
sold
bonds.
National Bank,
iy3s, at 101.313, a and the
basis of
Farmers National
1.315%. The bonds are
Bank,
both of
dated Sept.
Fairbury, as 2y4s, for a
1, 1947. Interest J-J.
premium of
Due
$175,000 equal to 100.serially from 1949 to 1954 in¬
486. Dated Nov.
clusive.
1, 1947. Denomin¬
ation $1,000.
Interest M-N.
The
Cook
>onds mature
County Sch. Dist. No. 110
serially from 1948
in
[t the office of
CHRONICLE
Fair bury, III.
Bond Sale—An issue of
$36,000
water works bonds
was
Na¬
tional Bank and
Trust Co., all of
J-J.
$1,000,000
& FINANCIAL
(1099) ,59
National Bank,
Northern
Trust
Co., City National Bank
&
trust Co., and
the American
$15,000,000
[leetric revenue certificates.
[omination $1,000. Interest
COMMERCIAL
First
election
the
to
voters
be
will
held
be
in
November
asked
to
pass
the proposed issuance of $80,000 Memorial Hospital bonds.
on
35
bonds.
follows:
1956
Due
$7,000
on
Oct. 15,
from
1949
£3
to
incl., and $8,000 in 195?.
A certified check for $1,280 is
required.
Dated
Oct.
15, 1947.
Interest
A-O. Denomination $1,000. PriA-
-
60
(1100)
>
THE
cipal and interest payable at the
Second National Bank of
Boston,
The
legality of the bonds is ap-
office of the School Board Treas¬
urer
at
or
bank specified by
any
proved
rate
without
limitation
amount
or
all
on
&
taxable
property
in
the
District.
The
bonds will be awarded to the bid¬
Hoi yoke,
which result in the lowest net in¬
terest cost to the District without
consideration of premium. A cer¬
Bond
Lucey,
ceive
tified
transcript and the approv¬
ing opinion of Chapman & Cutler,
of Chicago, will be furnished
the
1,
issue
of
The bonds
Maine
Offered
a.m.
as
2%
in a multiple of
y4 of 1%. Prin¬
cipal and interest payable at the
Merchants National Bank of Bos¬
An
—
interest
ton. No bid for less than
par and
date 6f deliv¬
ery will be
considered, and deliv¬
ery will
be made on or about
Oct. 1, 1947, at the
National Shawmut Bank of
$1,000.
Due $5,000
Aug. 1, from 1948 to 1953. In¬
Boston, against
terest F-A. Principal and interest
payable at the office of the Canal
ment
National Bank, Portland, or at the
Shawmut Bank of Bos¬
ton.
Legality to be
by
Bond
It is reported that
county officials
plan to offer for sale sometime in
October two about issues
totaling
$5,300,000. It is expectec
about
that
this
offering will be divided
$4,300,000 school, and abou
$1,000,000 public improvement
into
bonds.
on
Both issues will be
about Oct. 15, 1947.
or
dated
Dorchester County (P. O.
Cambridge), Md.
Bond
Price,
Offering
Clerk
bids until 12
25
J.
Thomas
of
—
County
Board
Commissioners, will
a.m.
receive sealed
(DST)
on
for the purchase of the
Sept
$585,
eran's
School
(P.
O.
construction
bonds
considered by the voters at
election to be held on Oct. 20.
Sale
It
—
is
stated
Also,
Interest
payable
that
to
Sewage
Des
services fund loan
(item 1)
awarded on Sept. 9 to
Moines
National
Bank
&
Dis-
166,
par—v.
by
998—we
p.
John
learn
that these bonds
are due on
Aug.
1, as follows: $60,000 in 1952 to
1954, $70,000 in 1955 and 1956,
$80,000 in 1957 to 1959, $90,000 in
&
Co., of New York,
Co., of Charlotte,
J. G. White &
Co., of New York,
Schwabacher & Co., of San Fran¬
cisco, Auchincloss, Parker & Redpath, of Washington, D. C., Iowa-
1960 to 1963, $100,000 in 1964 to
1971, and $180,000 in 1972 to 1977.
Redeemable
est
Trust
payment
as
whole
a
dates
and
on
-r
j
j
exceed
,,
$1,000. Regisprincipal only at the
to
Treasurer's
of interest to be
Ys
1/10
or
4%
0
^
—
TT
of
in
office.
a
1%.
Rate
multiple of
Bidders
may
two rates of interest to be
specify
borne by the bonds of each
two
issues, but
more
any
than
one
and
may
one
not
interest
of said
specify
rate
for
maturity date. Principal
interest
payable
at
the
County
Treasurer's office. The
approving opinion of Thomas W.
Simmons. Attorney for the
County
1954, inclusive.
The
$1,500,000
11 were purchased
Metropolitan
&
sewerage loan bonds and the
$2,100,000 Boston harbor
facilities
bonds were purchased
a
basis of
by C. F. Childs
Is, at 100.09,
l%s, at
about
1.335%,
will be delivered
upon re¬
the succesful
bidder or
bidders without
charge! A cer¬
tified check for 5% of
the
of
amount
the
the
bonds
bid
for, payable to
County Treasurer, is required.
"
nished.
—
The
Bond
Danvers,
Offering
Mass
—
A. Preston
Chase, Town Treasurer, will
re¬
ceive sealed bids
until 11 a.m. on
Sept. 16 for the purchase
of $163,000 coupon
bonds. Dated Oct.
1947. Denominations
$500. Due on Oct.
1,
$9,000 from 1948 to
from
1960 to
1,
$1,000
and
follows:
1959, $8,000
as
1962 incl.,
$7,500 in
1963; $6,000 from 1964 to
1966
incl,, and $5,500 in 1967.
to
name
one
rate
*
Bidder
interest in
of 1%, and
no
of
of
for less than
par and accrued
interest will be
considered. Prin¬
cipal and interest
payable at the
bid
Securities
Corp.,
Moseley & Co., Estabrook
?
/
Bank,
tviV
F.
second
high
—
way
bid-for
State
&
JC
1+.
PL
5®^
Shni^
Datmey &
Corp.,
incl
+1?°7
Stubbs, both of
^Si0%?5nO!dS & S.0 'o0f
o0Wp
„
„r
w
|
?0niSJ
.
on
incl* Bidder to
interest in
a
Gordon Graves
York; E. M. Newto
& Co
of Boston;
Park-Shaug
nessy
&
Co
of
Minneapoli.
Ryan Sutherland & Co., of Tc
ledo; George K. Baum & Co,
Kansas City; Blewer, Heitner
Glynn, of St. Louis; Small-Mil
burn COm of
Wichita; Van Lah
1948
to
name
one
payable
shawmut Bank
sewerage bonds and pay¬
on
the Boston harbor
The $1,000,000
Metropolitan Ad¬
ditional Water Loan
fully -regis¬
tered bonds also
offered on Sept.
I legality
wUl
be
1,
dier's
i
"*
of
by
High-
Department
Feb.
interest
can
be
10
rate of
will
be
approved
by
Thorndike
Palmer
and
of Boston
whose oninion
purchase?
_
Bonus
First
.
will
be
delivered
Other Bids—The State receive
four other bids for the issue, tn
15,
second high offer of 100.063 fo
$5,000,000 2Y4s, $7,900,000 Is an
$17,100,000 iy4s, or a net cost 0
consid¬
1.2431%, being made on be
Sol-1
Co.,
Blair
.
,.u
..0r9
/
I
1.2437%;
_
r
*kt
t
e
or
'
.'1
of New York
group
_
^
0
net, cost 0
a
National-City''Ban
a
r
associates.
and
100.052 for iy4s,
)l_"i
'ffl
HA At
1
bid iOO.Ol fo
iy4s,
or a net cost of
1.248%; fif*
and
National
&
"
Tn
Bankers Trust CO. of New;YorK
a^
—
National Ban
Chase
of New York
Bank, of Chicago,
and
including
Lehman
Bros.,
Phelps, Fenn & Co., Goldman,
Sachs
'
a ne
Dawson! ~r4Tcity
&
re
about
v.
for 1 k
was
price of 100.2499,
a
]949.to 1964, incl. The State wil
1
Michigan
dated
isphording, of Cincinnat
interest cost of about 1.22%. Th
bonds are dated March 15, 1947
Interest M-S. Due serially fro
2
bonds offered
Sept.
166, p. 806
were purchased by a syndicate
headed by
UnldAtr
T*\/»
Halsey, Stuart & Pn
Co., Inc., TP 4
First
National. Bank,
of
New
York,
as
1952
the
the
bonds,
15,
State
&
half of the
1947.
National
of Boston. Their
furnished
Sept.
on
Zeigler,
until
final
?dQ0.36v;.
tender
$22,000,000
&
Co., Inc.,
Salomon Bros. &
Hutzler, Glore,
Forgan & Co., Stone & Webster
Securities Corp., all of New
York;
iy2s,
a
by
C.
iy4s
of
and
f°
$8,000,(
net cost basis of
submitted
Continental Illinois National
Bank
& Trust Co., of
the
Chicago; Hall¬
garten & Co., of New
York; Stran^,.4.
ahan,
Harris
&
Co.,
of Boston.
Inc.,
of
Toledo; L. F. Rothschild & Co.,
Otis
MICHIGAN
&
Co., Barr Bros. & Co.,
Hornblower &
Avon and
Weeks, all of New
Shelby Twps.* Frac. Sch.
York;
Dist. No. 2 (P. O.
Schoellkopt, ;Hutton" &
Rochester,
Pomeroy of
Route 3, Box
Buffalp;^Franci§-|
572), Mich.
| du Pont & Co., Adarps, McEntep.
au font & uo., Aaams, McEntep,&1
Bond Tenders Invited
j
Frank'Co., both of New
Bonds
|
at
M.
received
of New
The successful bid
Michigan (State of)
Bond Sale—The
$30,000,000
cou-
multiple of y4 of 1%.
terest
TTownsend,
Tyson, of
J-D
bonds.
Birmingham;'
Co
bonds, at
ered.
-
&
$75,000
on
Sept. 1 from 1948 to
1967, inelusive, while the $2,100,000 bonds
are dated
Sept. 1, 1947, and
ture $105,000 on
June 1, from 1948
to 1967,
inclusive. Interest
payable
able
from
1,
Oct.
on
be
Rr Co.. of Rnst.m
& Co., of Bostoi
Co.,
C. S. Ashmuh
Co;; of Minneapolis
Leedy, Wheeler & Alleman, Inc
0f
Orlando; Lyons & Shafto, 0
Boston, and William R. Comptoi
& Co,
Inc., of New York.
Invited—Sealed
pur¬
No bid to be for less than par and
°o la^uucu unClCov. x nuuuai cuiu inaccrued interest. Principal and in-
Boston.
The $1,500,000
bonds are dated
Sept. 1, 1947, and mature
M-S
Due
Oct.
will
Highway
accrued
,
and $8 000 from 1953 to 1967
#
New(
Weigold
_
Dated
Portland, Paine, WebDenom, $1,000.
ac^on & 9)^ ?' ^asit1man' follows: $9,000
CoGL®e Higginson
TJ
bonds.
pon
Prin-
1939, April 16, 1939, and March
1, 1940. No tenders above par and
a.m.
\
of
__v>7
Sept. 17 for the
chase of $165,000 fire station
Co.,
above.
Commissioner,
funding
—
on
Tenders
(EST),
Charles
Quincy,. Mass.
Bond
(DST)
set forth
&
of Philadelphia
Wiiliston & Co., of Ne3
Sterne, Agee & Leach, :
j
R
York;
Michigan (State of)
p.m.
IV4S, at 100.596, was that of Stone
& Webster Securities
Corp.
S.
as
sewage
tenders
Storey, Thorndike, Palmer &
Dodge, of Boston, will be fur-
Savings
Wh?tir!le wS!
MASSACHUSETTS
Yarnall
Doll
legally binding obligations of the
District, payable only out of the
Bond
of
,
to
I
| Rnhert. Hawkins
Robert Hawkins
Wachob-Bender Corp., of Omah
Piper, Jaffray & Hopwood,
Minneapolis; Thomas & Co,
Pittsburgh;
Walter,
Woody
Heimerdinger, of Cincinnati; Wat
kins, Morrow & Co., of Birming
cipal and interest payable at the
a
by a syndicate composed of the
Bankers Trust
Co., National City
Bank, both of New'York, First
Boston Corp., Harriman
Ripley &
Co., Inc., Smith, Barney &
Co., of
New York, Harris
Trust & Sav¬
ings Bank, of
Chicago, Bank of
America National Trust &
more,
amount
Cru
q,., Dempsey & C
Chicago; Stein Bros.
0f
1
on
Aug. 1, 1961, but
only after the bonds maturing in
1972 to 1977 have been
retired, at
t h e
percentages
0 f
principal
Savings Ba
Cincinnafi;
f
&
of Baltimore; Glover
MacGregor,
Singer,
Deane
Scribner,
both
of
Pittsburg!
Breed &
Harrison, of Cincinnat
part in inverse
interest pay-
order
S
Boyce,
ment dates after
as
basis of 0.967%. The bonds are
dated Sept. 1, 1947. Interest
M-S.
Due $6,000 on Sept. 1 from 1948
to
1952 incl. The
approving opinion
as
101.511,
Co., of Boston,
Offering
John R.
Commissioners,
and
Mulliken, Association, of San Francisco, Shaughnessy,
City Treasurer, will
Stockbridge & Waters, of Balti¬ Sr<y^r'' P®akot*y. & Co., Stone
&| receive sealed bids until 11
Webster
quest
boRl
^
numerical
Provident
& Trust c
tendon
.
disposal system No. 1.
as
County
to
Nashville
Co., of Nashville.
Also,
after
terable
r
both of New
York;
curities
inter-
on
Co., of Des Moines, Mackey,
Aug. 1, 1950, at percentages of
Dunn & Co., D. A. Pincus &
a syndicate
Co., principal
composed of the First
a s
amount
follows,
both of New
York, Pacific North¬
National Bank, of
105%, if redeemed on or before
Chicago, J. P. west
Co., of Seattle, Lobdell' &
Morgan & Co., Inc., of New
Aug. 1, 1957; thereafter at 104%,
York,
Continental Illinois National.Bank Co., of New York, Paul H. Davis
&
Co.,
of
& Trust
Chicago, Campbell, 1«crf^e,?me(^ P?n ori.btrSr(?
Co., of Chicago, Glore,
1961; thereafter at 103%, ifrePhelps & Co., of New York, Union
Forgan & Co., C. J. Devine &
deemed on or before
Co., Planters National Bank
Aug. 1, 1965,
& Trust
Drexel & Co., L. F.
thereafter at 102%, if redeemed
Rothschild &
Co., of Memphis, Chace, White¬
Co., Merrill Lynch,
on or before
Pierce, Fenner side, Warren &
& Beane,
/' h
Sears, of Boston, after at
L thereWhite, Weld & Co., all
101%, if redeemed on or
Thomas & Co., of
of
New York, Second
Pittsburgh, Per- before Aug. 1
National
1973; and thererin> West & Winslow, of
Bank, of Boston, Barr Bros. &
Boston, after at par. Bonds
Co., and Watling, Lerchen &
maturing m
Coffin & Burr,
Co., of 1972 to
Harris, Hall & Co., Detroit.
1977, are redeemable in
Dated July 1, 1947.
Due
Wood, Struthers & Co., Dominick
part in numerical order on interon July
&
1, in 1948 to 1977, inclu¬
Dominick, all of New York, Ma¬
est payment dates after
sive.
Interest payable J-J.
Aug. 1,
rine Trust Co., of
Buffalo, Braun,
1957, at percentages of principal
Second best bid for the
Bosworth & Co.,
$50,000,- amount as set
Inc., A. G. Beck¬ 000
forth above; and
issue was an offer of
er &
100.82
Co., Laidlaw & Co., Roosebonds maturing in 1962 to
.for IY4S, submitted by a syndicate
1971,
velt &
Cross,
are redeemable in
were
Miller, Kenower &
Co., H,
Sattley & Co., both of
Detroi
Heller, Bruce & Co., of San
Fra
cisco; McDonald & Co., of
Clev
land; R. D. Whiter & Co., of
Ne
York; McDonald-Moore &
Co.,
Detroit; Milwaukee Co., of Mi
waukee; Newhard, Cook &
Co.,
St. Louis;
Mullaney, Ross & Co,
Chicago; W. H. Newbold's Son
Co., of Philadelphia; Starkweath
& Co., of New
York; Fahey, Clar
& Co., of
Cleveland; J. G. Whi
& Co.,
Newburger, Loeb & C:
Nuveen & Co., of Chicago, as 3V2S.
at
of St.
National
Paul; Nort
Bank, of
'
neapolis; Union ~
Planters Nation
Bank & Trust
Co., of Memphi
bonds
revenue
First jj
Bank,
western
F-A.
headed
Bank
Minneapolis;
tional
Bond Sale Details—In connec¬
tion with the sale of the
$2,800,000 I
Water Supply and
syndicate
National
Unj
Lansing), Mich.
a
New Y0r
Bank, of Nashville; First
Nation
of
Bank
Landel Metropolitan District (P. O.
posal System No. 1
First
of
Memphis; G. H. Walker &
Co
New York; William
Blair
of
Chicago; Commerce Trust
I of Kansas
City; Commerce
were
net. revenues of the
District's combined water supply and
not
Cinci
Co., both
an
purchased on
Sept. 2 by Halsey, Stuart & Co.,
Inc., as IY4S, at a price of 100.385.
Runner-up in the bidding was H.
V. Sattley & Co.,
offering 100.238
for $30,000 as
Is, and $60,000 as1
IV4S.
g
r„
Dearborn, Mich.
Bond
Co.;
| S??.', h* J.&
Eldridge &
will
be
$90,000 bonds
Co., of CharW
Stevenson &
Marin^ &Tm'st b<Cn
Y°
SrRi hTi £ of
Field, Richards & Co., of Bu«Jl
Bond Election—The issuance of
Iny Haupt & Co.. headed by the First National Bank
interest Laurence M Marks & Co., all of
0f New
coupon bonds as follows:
New York, Milwaukee
York, and the Chase NaCo., of Mil- tional Bank of
New York. For the
$500,000 public road, bridge and waukee, F. S. Smithers
& Co., of
item 2 bonds the
ferry bonds. Due on July 1, as New York, National
runner-up bid
Rockland was
101.498 for IY2S, tendered
follows: $30,000 in 1950 and
by
1951, Bank, of Boston, National City
Kuhn, Loeb & Co., Lehman
$50,000 in 1952, $30,000 in 1953 to Bank, of
Bros.,
Cleveland, J. C. Brad1956, $50,000 in 1957 and 1958,
Co., of Nashville, Robert Phelps, Fenn & Co., and associ$30,000 in 1959
ates, while the runner-up in the
$45,000 in 1960 and Winthrop & Co., of New
York,
1961, and $50,000 in 1962.
Lyons & ShaftO, of
v ;
Boston^ Amer¬
ican National Bank &
$85,000 school repair,
Trust Co:,
improve-!
ment and'
equipment bonds. Due Of Chicago, and John Small &
Co.,
on
July 1, as follows: $5,000 in of New York, as
iy4s, at a price
1949 to 1955,
$10,000 in 1956, and of
100.8453, a basis of about
Newbury port, Mass.
$5,000 in 1957 to 1962.
1.063%.
Interest M-N 15.
Dated
Bond Sale—The
Dated
$30,000 street
July 1, 1947. Interest Sept. 15, 1947. Due $10,000,000 on
and sidewalk bonds offered
J-J. Denomination
May 15, in 1950 to
Sept.
000
Chicago* Geo
Inc., of New V*
R. S. Dickson &
Bacon,
District
19
Republic Co., of
Gibbons & Co.,
Bad Axes), Mich.
Trust
MacKinnon
Massachusetts (State of)
Bond Sale—The
$50,000,000 vet¬
bonds
Maryland
Offering Contemplated
Treasurer,
refunding bonds.
Bad Axes
R. S. Dickson &
Verrill, Dana, Walker, Philbrick opinion will accompany the bonds
when delivered.
Whitehouse, of Portland.
Baltimore Coirnty (P. O.
Towson),
1937
~
Bank, of Minneapolis, Stern Bros.
& Co., of
Kansas City, Donald
&
MARYLAND
District
will receive sealed tenders on or
before Oct.
15, of the district's
| of St. Paul ^Northwestern National
are
National
approved
payThe bonds
Guthrie,
York, First National Bank, of
Minneapolis, First National Bank,
approved as to
legality by
Storey,
Thorndike,
Palmer
&
Dodge, of Boston, a copy of whose
in Boston funds.
$227,000
&
Monday, September
I5i
.
Moncure Biddle & Co., of Phila¬
delphia, Hirsch & Co., of New
accrued interest to
dated Aug. 1, 1947.
are
12
on
of
follows: $4,500 in
1948, and
from 1949 to 1957 incl.
Bidder to name rate of
interest
Keegan elementary school con¬
struction bonds is being offered
by F, W. Home & Co., of Concord.
on
until
E.
re¬
$3,000
$30,000
Denomination
Mass.
bids
W.
a
Co., Hallgarten &
Co., Kean, Taylor & Co.,. Hemp¬
hill, Noyes & Co., B. J. Van Ingen
& Co., C. F. Childs &
Co., all of
New
York, Boatmen's National
Bank, of St. Louis, Tucker, An¬
thony &
Co.,
Swiss
American
Corp., both of New York, R. H.
Moulton & Co., of Los
Angeles,
Trust Co. of Georgia,
Atlanta, Eldredge & Co., American Securities
Corp., both of New York, Central
Republic Co., of Chicago, A. C.
Allyn & Co., of New York, Mer¬
cantile Trust Co., of
Baltimore,
Francis I. duPont &
Co., Wm. E.
Pollock & Co.> both of New
York,
Sept. 17 for the pur¬
$31,500 coupon bonds.
Dated Oct. 1, 1947.
Denomination
$1,000, one for $500. Due on Oct.
MAINE
Bur en,
sealed
(DST)
chase
successful bidder without cost.
Publicly
Boston,
Offering — Joseph
City Treasurer, will
%s, at
Bank
Thorndike,
of
were awarded as 1
CHRONICLE
price
of 100.624, a basis of about.1.45%,
to a syndicate composed of Kuhn,
Loeb & Co., Lehman Bros., Phelps,
Fenn & Co., Goldman, Sachs &
Co., Bear, Stearns & Co., all of
New York, Seattle First National
Bank,
of
Seattle,
Continental
Second National Bank of
Boston,
on or about Oct.
1, 1947.
offering to pay par and ac¬
crued interest and
specifying rates
Van
9,
opinion will be furnished
the purchaser. The
bonds will be
delivered to the purchaser at
the
der
Bonds
Storey,
Dodge,
whose
to
as
by
Calmer
the purchaser. The bonds are
pay¬
able from ad valorem taxes to be
levied
COMMERCIAL & FINANCIAL
J.
by
an
Devine
York.
account, formed
&
of
Co*
,
to
Shaw!
Bank
Bonds Offered for Invesftmen
The successful
syndicate
ately reoffered
for
to
public
yield
York; Central I
0.70% 'to
,
to
bonds,*5; in the
will
immedi-
above
bonds
subscription at prices
j from
' according
—
the
..
maturity*
l-30%'
These
,
sel,
opinion of coun-
constitute
valid
and
..
legally
THE
Number 4629
166
lume
COMMERCIAL
approved by the voters by a
obligations of the State
the full faith and majority of about 3 to 1 at a re¬
was
riing
Michigan,
jit of the
ingport
State are pledged.
cent election.
Rural Agricultural Sch.
Springport), Mich.
Sold—An issue of $29,200
-
•
•
MISSISSIPPI
(P> O.
ist
ond
ool
School
,tly by
8 to
1951.
he field
bonds
$10,000
the
were
states
will
interest,
state
the
and
the
bonds
that
are
for
(P. O. Rye), N. H.
Bonds Publicly Offered—An is¬
lowest
which
for
all
they
at
bidders
rate
of
1,
19 4 7.
Denomination
$1,000. Interest F-A. Due on Aug.
1, as follows: $3,000 from 1949 to
1964 inch, and $4,000 from 1965
interest
states
that
School District, Miss.
16,1947. Denominations and
m of note to be at the option
Bond Sale—The $130,000 school
the purchaser.
Due Jan. 15, bonds offered Aug. 25—v. 166, p.
18. Payable at the First National 806—were
purchased by the Pasnk of Wakefield,The notes cagdula-Moss Point Bank of Moss
all be awarded to the bidder
Point, at a net interest cost of
lose bid produces the lowest in¬
2.28%. The bonds are dated Sept.
sulted
in
pt.
vest cost to
the district after de-
the premium offered, if
Interest on premium shall
be considered as deductible
1, 1947. Interest M-S. Legality to
cting
be
y.
determining
the
interest
net
pass
on
1948 to
interest shall be com-
st, and
ited from Sept.
Cahool, Mo.
date. No proposal for
than all of the notes will be
Township (P. O.
Goodhue), Minn.
Bond Sale—The $30,000 road
nd bridge bonds offered Sept. 8
Creek
166, p. 998—were
v.
Approved
—
An
of St. Louis. Dated July 1,
serial
1947.
166, p. 900—were purchased by
syndicate
composed
of
Ira
Haupt & Co., Campbell, Phelps &
Co., both of New York, Sfchmidt,
Poole & Co., all of Philadelphia,
and Seasongood & Mayer, of Cin¬
a
50,000
tion
$950,000 water
Sale
with the
Details—In
connec¬
purchased by a syndicate
mposed of Piper, Jaffray &
iopwood, of Minneapolis; Paine,
Webber, Jackson & Curtis, of Chi:ago; C. S. Ashmun Co., J. M. Dain
ere
we now
learn the bonds were pur¬
chased at par.
•
North Kansas City,
Mo.
Bonds Vpted—It is stated that
the voters have ratified the issu¬
■
of
$600,000 water
works
Co., both of Minneapolis; Park- ance
haughnessy & Co., of St. Paul, bonds, of which $500,000 will be
and the Milwaukee Co., of Mil¬ revenue bonds.
s-
Dated
bonds.
arterial
40,000
Dated Nov.
1,
Nov.
1,
1952.
highway
bonds.
1949 to 1977
1, 1952.
ion
Denomination
interest
1/10
a
to
of
be
1%
$1,000. Rate of
a
multiple of
name
single rate of interest for each
issue, and must bid for all of said
bonds. Principal and interest pay¬
able at the office of the County
The City
will pay for
the printing of the bonds;
the
purchaser must pay for the opin¬
Treasurer.
ion
of
for
counsel.
2%
of
the
A certified
par
of
Due
incl.
sealed bids until 2 p.m.
(DST) on
Sept. 18 for the purchase of $10,000 not to exceed 4% interest fire
bonds.
check
second
to
be
in
of the bonds.
Aug. 25—
of $3,500 not to exceed 6% inter¬
p.; 806—were purchased by
construction
bonds.
Dated
Salomon Bros. & Hutzler, of New est
June
15,
1947.
Interest J-D.
York, as 0.90s, paying a premium
Amortization bonds will be the
of
166,
$5.50, equal to 100.01, a basis
first choice and serial bonds will
0.895%. The bonds are dated
be the second choice of the school
Sept.% 1947. Interest M-S. Due
from 1948 to 1950 incl. The second board. If amortization bonds are
sold and issued, the entire issue
nigheslbidder was the First Na¬
tional Bank, St. Paul, and First may be put into one single bond
or divided into several bonds, as
National
Bank,
Minneapolis,
the Board of Trustees may deter¬
jointly, for Is, at 100.13.
mine upon at the time of sale,
Wanda, Minn.
both principal and interest to be
of
•Bonds'Not Sold—The only bid
for the $45,000
sewer payable in semi-annual install¬
bonds offered Aug. 25—v. 166, p. ments during a period of 10 years
806—was rejected. Dated Oct. 1, from the date of issue. If serial
1947. Denomination $1,500. Due
bonds are issued and sold they
serially from 1949 to 1977 incl.
will: be in the, amount of $100
West St. Paul, Minn. -,
Bonds Voted—The issuance of feacift; the suiiri^f $100 will become
received
$60,000
Fire
Department bond? i/jy^'able on^he 15, 1948, and the
for all
Principal and inter¬
payable
the
at
furnished
be
the
to
purchaser
$200.00 payable to the District, is
required.
&
100.352.
Cortlandt, (P. O. CrotowonHudson), N. Y.
Bond
Offering
Johnson,
Bonds Voted—At a recent elec¬
until
bids
4
E.
will
p.m.
Sept. 18 for the pur¬
chase of $3,300 not to exceed 5%
(DST)
on
interest
water
main
1947.
Denomination
Interest J-D.
Due $550
$550.
or
coupon
Dated Sept. 15,
registered bonds.
on
1948 to 1953 incl.
June 1, from
Rate of interest
in multiples of 1/10 of 1%
must be the same for all of
to be
the bonds.
payable
Morganville), N. J.
Ellsworth
—
Supervisor,
Town
sealed
receive
and
(P. O.
at
Croton-on-Hudson.
of
Bank
Principal and interest
the
First National
The
have
bonds will be delivered at Croton-
approved the issuance of $82,500
construction bonds by a count of
on-Hudson, N. Y., or at such other
place as may be agreed with the
purchaser about Sept. 25, 1847.
tion
170
the
to
voters
59.
are
said
to
...
value of the
The
V
offered
1/10 ol
or
same
without cost. A certified check for
Pemberton, N. J.
paying a premium of
bonds payable to the City, is re¬
Union, Mo.
Bond Sale —The $28,000 park
$7,830 equal to 100.824, a net in¬
Bond Sale—The $75,000 sewer quired.
terest cost of 1.903%, as follows:
improvement bonds offered for
system and municipal building
South Omaha, Neb.
sale on Sept. 4—v. 166, p. 710—
For $410,000
maturing Sept. 1, bonds offered for sale on Sept.
Bonds Authorized — The City were awarded to Butcher & Sher$50,000 from 1950 to 1956, incl.; 8—v.
, J66,
P- 998—were awarded Council is said to have passed an
rerd, of Philadelphia, as 134s, at
$60,000 in 1957,?as l-.%s, and $540,- to Reinholdt & Gardner, of St.
ordnance calling for the issuance a
000 hadturing $60,000 from 1958 to
price of 100.207, a basis of
Louis, 3? iy4s,. and 134s, at'a of
$1,200,000 sewer construction about 1.47%.
Coupon or regis¬
1966, incl., as 2*A$; Dated Sept. 1,
price of 100.028. Dated Oct. 1, bonds.
tered bonds, dated Sept. 1, 1947.
1947. Interest M-S.
1947. Due from March 1, 1948 to
Due $2,000 from Sept. 1, 1948 to
NEVADA
St. Louis Park, Minn.
1961, incl. Interest payable M-S.
1961, incl. Interest payable M-S.
Bond Offering—Sealed bids will Runner-up was George K. Baum
Oakland School District, Neb.
Runner-up was Boland, Saffin &
be received until 8 p.m. Sept. 15 & Co., offering 100.023 for iy2S,
Bond Sale—An issue of $185,000 Co.,
offering 100.156 for 1.70s.
"
/.
by Joseph Justad, Village Clerk, and l%s.
construction bonds was purchased Principal and interest payable at
for the purchase of $140,000 water
the
Unionville, Mo.
Peoples
National Bank &
by the Robert E. Schweser Co., of
supply revenue bonds.
Interest
Bond Election—At an election Omaha. These are the bonds that Trust Co., Pemberton.
rate is not to exceed 3%, payable
to be held on Sept. 16 the voters were authorized at the election
Vineland, N. J.
A-O. Denomination $1,000. Dated
will be asked to pass on the pro¬ held on Sept. 2.
Bond Offering—Leon R. HarOct. 1, 1947. Due Oct. 1, as fol¬
posed issuance of $58,000 electric Washoe
lows:
County (P. O. Reno), Nev. kin, Borough Clerk, will receive
$8,000 in 1948 and 1949,
light works improvement revenue
"Bond Offering —E. J. Kleppe, sealed bids until 10 a.m. (DST)
$9,000 in 1950, $10,000 in 1951,
bonds.
Chairman Board of County Com¬ on Sept. 23 for the purchase of
$2,000 in 1953 to 1956, $3,000 in
1957, $4,000 in 1958, $5,000 in 1959
missioners,
will receive sealed $100,000 not to exceed 6% inter¬
MONTANA
to 1961, and $15,000 in 1962 to
bids until 11 a.m. on Sept. 24 for est electric light plant coupon or
1966.
The approving opinion of Beaverhead County School District the purchase of $400,000 not to registered bonds.
Dated Oct. 1,
Denomination $1,000.
In¬
exceed 5% interest county hos¬ 1947.
No. 34 (P. O. Bannack Star
Dorsey, Colman, Barker, Scott &
Barber, of Minneapolis, will be
Route, Dillon), Mont.
pital bonds. Dated Aug. 1, 1947. terest A-O. Due $10,000 on Oct.
furnished.
Bond Offering—Mrs. Carl Rott¬ Interest J-J. Denomination $1,000. 1, from 1948 to 1957 incl. Rate of
weiler, Clerk Board of Trustees, Due Jan. 1, as follows: $22,000 in interest to be in multiples of 34
St. Paul, Minn.
will receive sealed bids until, 8 1950 to 1967. The bonds are pay¬ or 1/10 of 1%, and must be the
Bond Sale—The $55,000 public
able
from
general ad valorem same for all the bonds. No pro¬
p.m. on Sept. 19 for the purchase
bonds
34
Chester Na¬
The bonds
New York,
N. Y., or at such other place as
may be agreed with the purchaser
about Oct. 2, 1947. The approving
opinion of Vandewater, Sykes &
Heckler, of New York City, will
waukee,
welfare
multiples of
1% and must be the
Co., jointly, for $578,000 2.45s, at
Sch. Dist.
15,
$1,000 on Sept. 15 from 1948
1957 incl.
Rate of interest to
highest bidder was J. B.
J. R. Ross &
Twp.
M-S.
or
Sept.
Due
Hanauer & Co., and
Marlboro
coupon
Dated
terest
serially from
Delafield
registered
1947. In¬
Denomination $1,000.
apparatus
The legal opin¬
Hawkins,
authorized
bonds
NEW YORK
Wood, of New York, will be fur¬
nished the successful bidder. The
in
.Bidders must
M-S.
Interest
1, 1947. Due Nov.
the
are
Aug. 12 election.
Chester, Blooming Grove and
Goshen, Chester Fire District
(P. O. Chester), N. Y.
Bond
Offering —C. E. Casey,
District
Treasurer, will receive
cinnati, taking $578,000 as 2.30s,
paying a
price of $580,236.20,
equal to 100.386, a basis of 2.27%.
The bonds are dated Sept. 1, 1947.
40,000 fire engine house bonds.
Dated Nov. 1, 1952.
sale of the $70,000
water plant
bonds sold to A. Ben¬
bonds nett & Co., of Kansas City, as 3s,
light plant revenue
ffered Aug. 18—v. 166, p. 710—
nd
Dec.
1952.
department equip¬
1947. Due Nov. 1,
the
Bond
fire
ment
purchased improvement bonds authorized at
Moorhead, Minn.
Dated
1947. Due Dec. 1,
Kirkville, Mo.
Bond Sale—The $150,000 sewer
lannon
Bond Sale—The
bonds.
$580,000 con¬
Sept. 1—
offered
v.
234%
bonds $1,215,000 sewer bonds. Dated Dec.
1, 1947. Due Dec. 1, 1952.
was
approved as to legality re¬
119,000
arterial highway,
2nd
cently by Charles & Trauernicht,
000
tional Bank, Chester.
will be delivered at
Township School
bonds
the
for
est
(P. O. Lakewood),
Sale—The
Bond
struction
follows:
as
by
New Jersey
Sept. 29 for
of
First National Bank of an election held on Aug. 27, were
Falls, as I3/2S. The bonds purchased by the City National
re
dated Oct. 1, 1947. Interest Bank & Trust Co., of Kansas City.
l-O. Due serially from 1948 to
Lamar, Mo.
957 incl.
y
District
sealed
purchase of $1,486 not to ex¬
ceed 3% interest coupon bonds
divided
in the Dis¬
Legality
Hughes &
same.
of
Lakewood
Dineen,
$65,000 2% and
semi-ann. sanitary sewer
MINNESOTA
Bell
Bond Legality
issue
nsidered.
be levied
NEW JERSEY
receive
on
a.m.
may
as
Dover, and Warren,
Wilson & Wiggin, of Manchester.
the
aturity
ss
Burns,
to
will
Clerk,
bids until 9
MISSOURI
16, 1947, to the
City Clerk
election will be held
Omaha, Neb.
Offering—M. J.
Bond
City
on
all taxable property
recreation center bonds.
1972 inclusive.
the prin¬
these bonds,
pay
amount
or
trict to discharge
to
be
approved
have the voters
the issuance of $350,000
23,
Sept.
on
approved by Charles & Trauerof St. Louis. Due serially
from
to rate
on
an
of
system
ad valorem taxes without limit
Fremont, Neb.
Bond Election—The
and
office
water
to
cipal and interest
re¬
the approval of $45,000
states that
the
the
insufficient
are
hospital bonds by the voters.
nicht
t
Clerk
election
recent
from
revenues
City
Principal
at
Bank, of Ports¬
mouth, or at the National Shawmut Bank, Boston.
In the event
Crete, Neb.
a
payable
the First National
NEBRASKA
Voted —The
inclusive.
1977
interest
Board of Trustees, is required.
Bond
at the
to
payable to the Clerk
$100.00
These
are
Treasurer,
will
receive
10 a.m. on Sept.
purchase of the $475,memorial
hospital
bonds.
dated
bonds
Aug.
must
received until 7:30 p.m. (CST), totaling $54,000, were purchased
on Sept. 3 by Scharff & Jones, of
Sept. 15 by Arthur J. Moran,
New Orleans: $32,000 street inter¬
,retary of the Board of Educan
for the purchase of $35,000 section,, and $22,000 special street
anticipation notes.
Interest improvement bonds.
e is not to exceed 33&%. Dated
Moss Point, Municipal Separate
County
sealed bids until
27
The
County (P. O. Las
Cruces), N. Mex.
Offering — R. T. Fox,
Bond
Concord.
less
will purchase the
A certified check
par.
interest water
Dona Ana
works construction bonds is being
offered by F. W Horne & Co., of
The
not
of $100,000 2%
sue
61
NEW MEXICO
Wallis Sands, Rye North Beach and
Foss Beach Water District
than their par value with accrued
at
Clerk,
following bonds
sold
be
(1101)
NEW HAMPSHIRE
year
from the date of issue.
bonds
Sold—The
Town
each
paid. The bonds, whether amorti¬
zation or serial bonds, will
be
redeemable in full on any interest
payment date from and after 5
Merigold, Miss.
Bonds
of
day
same
thereafter until all such bonds
years
school
purchased by the Bay
Spring Bank, as 332 s.
Twp., Sch. Dwt. (P. O.
Offering—Sealed bids will
Consol.
District
Sale—The
Bond
Wakefield), Mich.
;ote
Mossville
(P. O. Bay
Springs), Miss.
bonds was purchased re-
Watling, Lerchen & Co.,
Detroit, as l%s, at a price of
37.
Due on April 1, from
Cotmty,
Jasper
CHRONICLE
of $200 will become payable
sum
on
FINANCIAL
&
approving opinion t)f Robt.
of Peekskill, will be
furnished to the purchaser with¬
E. Dempsey,
out
A
cost.
for
check
certified
$66.00 payable to the town, is re¬
d*iL
quired.
•
N. Y.
Bond Offering—Guy £. Thomp¬
East Rockaway,
son,
Village
Clerk,
will
receive
Sept.
$174,000
sealed bids until 3:30 p.m. on
16
the
for
purchase
not to exceed 4%
of
interest general
improvement coupon or registered
bonds.
Dated Sept. 1, 1947. De¬
nomination $1,000. Due on March
1, as follows: $20,000 from 1949
to 1954 incl., $15,000 from 1955 to
1957 incl., and $9,000 in 1958. Rate
of interest to be in a multiple of
34
or
for
and
1/10 of 1%, and 'the same
all
the
of
interest
lage Hall.
livered
bonds.
payable
at
Principal
the Vil¬
The bonds will be de¬
of Hawkins,
Wood, of New York
at the office
Delafield
&
City, on or about Sept, 29, 1947.
valid and legal¬
The bonds will be
ly binding general obligations of
the Village, all taxable real prop¬
erty within which will be subject
to the levy of ad valorem taxes
limitations posal will be considered for bonds to pay said bonds and interest
of a rate higher than the lowest thereon without limitation as to
rate at which a legally acceptable rate or amount.
The approving
the
Principal opinion of Hawkins, Delafield &
County
Treasurer's office. proposal is received.
and interest payable at the Vine- Wood, of New York City, will be
Bidders are required to specify:
The lowest rate of interest and land National Bank & Trust Co., furnished to the purchaser with¬
premium, if any, above par at or at the option of the holder, at out cost. A certified check for 2%
of the amount of bonds bid for,
which such bidder will purchase the Guaranty Trust Co., of New
said bonds, or the lowest rate of York City. The bonds will be de¬ payable to the Village, is required.
interest at which the bidder will livered on Oct. 1, 1947, or as soon
thereafter as they may be pre¬ Fabius, Lafayette, Pompey, Cuyler
purchase said bonds at par. None
and Truxton Central High Sch.
of such bonds shall be sold at less pared. The legality of the bonds
Dist. No. 1 (P.O. Fabius), N. Y.
than par and accrued interest nor will be examined by Caldwell,
Bond Offering — Charles F.
Marshall, Trimble & Mitchell, of
shall any discount or commission
Shea, District Clerk, will receive
New York City, whose approving
sealed bids until 2 p.m. (DST) on
be allowed or paid from the sale
opinion will be furnished to the Sept. 17 for the purchase of $40,of the bonds. The approving opin¬
000 not to exceed 5 fc
interest,
ion of Pershing, Bosworth, Dick purchaser without charge. A cer¬
taxes
subject
to
the
imposed by the laws of the State.
Principal and interest payable at
& Dawson,
nished.
for 5%
of Denver, will be
Enclose a
tified check for
fur¬
of the bonds,
certified check
of the amount
bid.
t
2% of the amount
payable to the Bor-
ough Treasurer, is
required,
registered
dated Sept.
construction coupon or
bonds.
1, 1947.
The bonds are
Denomination $1,000. Due
A
i
62
(1102)
$2,000
1967
in
a
THE
Sept.
1,
Rate
on
of
incl.
from 1948 to
interest to be
multiple of y4
and must
bonds.
able
be the same for all
the
First
National
of
Tully. The bonds
obligations
payable
limited
ad
opinion
the
pay¬
Bank
are
general
from
un¬
valorem
real property.
der will be
taxes
North
upon
The successful bid¬
furnished
with
valid
are
bonds
of
and
be
check for
binding ob¬
District.
The
delivered
about
Sept. 30, 1947
at
Treasurer's
office.
the
bonds—v. 166,
certified
$800.00, payable to the
East
Meadow
Fire
Dist. (P. O. East
Meadows), N. Y.
Bond Offering—Edward
ing
will
receive
Oct.
construction
1,
1947.
901—there
p.
the
bonds
to
De¬
f'
'
'
i
nomination
00.018,
361%,
check
SeneC(I
(p
New
Q
Ebenezer),
a
\
1,
as
12,000
drainage
district
No.
1
bonds. Due on Dec.
1, as fol¬
lows: $1,000 from 1947 to
1958
inclusive.
Dated
1,
1947.
of
ac
<=
and
For
$10,000 in
1974,
as
March
'
1,
1969
to
$5,000
1971
inel., as 2y4s, and $10,000 ma¬
turing $5,000 on March 1, 1972
and
The
947.
1973,
bonds
as
Sept.
1,
Legality to be approved by
&
Pershing, New York
City. The
second highest bid was
McDaniel Lewis & Co.,
for $25,000
2y4s, and $35,000 2%s,
of
100.29.
Interest
J-D. Denomination
$1,000. Rate of
interest to be in a
multiple of
y4
l/10th of 1%, and must be the
same for all the
bonds. Principal
and interest
payable at the office
or
of the Tax Collector in
Ebenezer.
The bonds will be
delivered at
New York
City, or at such
Yanceyville Sanitary District, N. C*
Bond Offering
W. E. Easter"ing, Secretary Local Government
—
Commission,
wiH receive sealed
bids at his office in
Raleigh until
11
a.m.
until
12
15
194
am
as
follod!
$314,000 incinerator
1st is<?i,Q
1947
1947 hnnrls
bonds. nno
Due
follows: $20,000
and
J
r\.
on
Dec
i
in 194a i
$21,000 from 1949
to la,,
Denomination $1,000
59,000
municipal
garage L
storage site, 2nd
issue
a
1947
bonds. Due
on Dec
1
follows: $5,000 in
1948 aJ
$6,000 from 1949 to
1957
Denomination $1,000.
'
1
40,000 park, 3rd,
issue for
as
'incl
2y2s.
are'"dated
Mitchell
hat
bids
incl.
and sidewalk bonds.
$15,000 Maturing
from
sealed
n?o*
on
Sept. 26 for the'
purcha*
the $444,600
light bonds
not to
exceed
maturing $5,000 I interest coupon bonds
2y4s.
at
June
cost
and
-$20,000
25,000 street
follows: $3,-
$4,-
interest
follows:
March 1, from 1969 to 1972
1973
$14,000 street improvement bonds.
Dec.
net
9 \L
anH
incl., as 2j/4s, and SIS 0f)0 ma$15,000 ma
turing-on March 1, $5,000 in
follows:
000 in 1947 and
1948; and
000 in 1949 and 1950.
Monday, September
water
on
Offering—Arthur J. Witzlig, Town Supervisor, will receive
on
as
inpl
York
Bond
Due
a
>35,000
were
merged
syndicate
of
the
above
named
firms. Dated
Sept. 1, 1947. Due
from Sept. 1, 1948 to
1962, incl.
Interest payable M-S.
3:30 p.m.
(DST)
Sept. 16 for the purchase of the
$86,500 not to exceed 4% interest
Dated
WeU
a
awarded
bids until
coupon or registered
1
then
on
bonds.
certified
For
price of 100.28 for the bonds
as 1.60s, to
give a basis of about
1.56%. The district officials
Ryder,
Secretary,
A
for $2,560 payable to the
City, is
required.
&
Co., jointly, the other from
Kidder, Peabody & Co., and Estabrook & Co.,
jointly, both offer¬
Hempstead,
sealed
cost.
Y.
submitted high
tying bids for the
one from Geo. B.
Gibbons
& Co.,
Inc., and Chas. E. Weigold
District, is required.
District
FINANCIAL CHRONICLE
be furnished the purchaser
without
issue,
District
A
| will
&
sealed bids until 3
p.m. (DST) on
Sept. 16 for the purchase of $26,Bond Award
Merged—At the
000 not to
exceed
5% interest
offering on Sept. 10 of the
$400,- I
000 coupon or
coupon
or
registered bonds, as
registered school
|
the
will
(P.O. East
Williston), N.
of
ligations
Hempstead Common Sch.
Dist. No. 2
the
Reed, Hoyt & Wash¬
burn, of New York City, that the
bonds
on and after
Dec. 1, 1951,
plus
redemption premium of 4% on
bonds due on and after
Dec. 1,
.951. Holders
may surrender such
bonds at the office of
Bankers
Trust
Company at any time to re¬
ceive full
payment.
1/10 of 1%,
or
Principal and interest
at
ing
COMMERCIAL
bonds. Due on
Dec. 1, as
lows: $4,000
from 1948 to
foil
1957
incl.
Denomination $1,000.
31,600 Montieello
sue
]J
sewer, 4th
for 1947 bonds.
nation
Due
on
isJ
DenomiJ
$1,000,
one
for
Dec., 1,
as
follows]
1948, $3,000 fron
1952, incl.; $4,000 k
1953, and $3,000 from
1954 to
1957, incl.
$3,600
1949
in
to
(EST) on Sept. 16 for the
Owego Union Free Sch. Dist. No.
$1,000, one for $500
Dated Oct.
purchase of $6,600 not to
Due April 1, as follows:
1, 1947. Rate of
1 (P. O.
exceed terest to
$4,000 in
Owego), N. Y.
be in a
1948 to 1955,
interest fire apparatus
Bond Sale—The
multiple of y4 oj
other
$4,500 in 1956, and
coupon
$150,000 coupon
1%. Principal and
place as may be agreed with the bonds. - Dated
$5,000 in 1957 to 1966. Rate of in¬ or registered
interest
July 1, 1947. Inter¬
construction bonds
(J-D)
payable at the office of
est J-D.
purchaser about Oct.
terest to be in
Denoms. $1,000 and
the DirecJ
1, 1947. The
multiples of Y\ or offered for sale on Sept. 9—v.
$200. tor of
166, approving
Finance or at the
Due $2,200 on Dec.
1/10 of 1%, and must be the
opinion of Vandewater
p. 901—were
office <1
1, from 1948 to the
same
awarded to
Adams, Sykes &
legal depository of the
for all of the bonds.
Heckler, of New York 1959 inclusive. Principal and in¬
city, ij
Principal and McEntee & Co., of New York, as
Cleveland. No bid for
interest payable at the
City, will be furnished to the.
terest, payable in New York City. I
less "
iy4s, at a price of
First Na¬
pur¬
100.16, a basis chaser without
par
and accrued interest
General
tional
of about
Bank
cost. A certified
of
Merrick.
obligations;
unlimited bonds
1.23%. Dated Sept.
The
will be
1, check for $520
bonds will be delivered at the
delivered at the of
payable to the tax; delivery at place of purchas- fice
of¬ 1947. Due on Sept. 1, in 1948 to
of the
fice of the successful
er's cfepice.
Director of Finance
Town, is required.
Bidders are invited
bidder or at 1962, incl. Interest payable,
or at the
M-S.
office of its
to name the
the option of the
interest rate in a mullegal depos
successful bidder Runner-up
in the
bidding was
itary in the City of
at the office of
tipleof y4 of 1%. The bonds
NORTH CAROLINA
Cleveland /
will I
Hawkins, Dela- Paine, Webber, Jackson & Curtis,
certified cheek for
be
field &
awarded, at not less than par
3% of the'
Wood, of New York City, offering 100.129 for iy4s.
Caldwell County (P. O.
amount of bonds
on
or
Lenoir) and accrued interest, to the
bid for
about Oct.
payable
1, 1947,
The
high- to the
N. C.
est bidder for the
Director of
bonds will be valid and
Oyster Bay, South
lowest interest
Finance, is!
Bond Offering — W. E.
Farmingdale
legally
Easter- rate named.
required,
Water Extension Dist.
The
binding general obligations of the
approving opin¬
(P. O.
ling, Secretary Local Governmen
ion of
East Meadow Fire
feed, Hoyt & Washburn, of
Oyster Bay), N. Y.
Columbiana
District, all the
Commission, will receive sealec New
County (P. 0.
Bond Sale
taxable
real
The $20,000 Water bids at his
York.City, will be furnished
property
within
office in Raleigh until A
Lisbon), Ohio
bonds were purchased
certified check for
which will be
subject to the levy
Bond Offering—Sealed
$132, payable
by Tilney 11 a.m. (EST) on Sept. 16 for
bids willl
the to the State
& Co., of New
of ad valorem
taxes to
York, as 1.20s, at purchase of $300,000 not to
Treasurer, is required. be received until
pay said
Sept. 15 by
exceed
bonds and interest
100.15, a basis of 1.17%. The
Esther H.
thereon with
bonds 6% interest school
Sexton, County Clerk,
NORTH DAKOTA
are dated
building, series
out
limitation
for the
Sept. 1, 1947.
as
to
rate
Interest B bonds. Dated Feb.
or
purchase of $20,000 court!
1,1947. Inter¬
M-S.
amount.
Denom. $1,000. Due
The
house improvement
Devils Lake, N. Dak.
approving opinion
$2,000 est F-A. Denom. $1,000. Due Feb
bonds. Inter-I
of
Bond Sale—The
Hawkins, Delafield & Wood of March 1, from 1949 to 1958 inclu¬ 1, as follows:
est rate is not to
$195,000 sew¬
$5,000 from 1950 to
exceed 3%,
sive. The bonds will
New York
be delivered
age disposal plant
City, will be furnished
1952
bonds offered able M-S.; Denomination. $1,000.1
inclusive; $8,000 in 1953; $9,at the office of
to the purchaser
the successful
Aug. 11—v. *166, p. 615—were
Dated
without cost. A
bid¬ 000 in 1954; $11,000 from
sold
Sept.l, 1947. Due $4,000
1955 to as
der or at the
certified check for 2% of
2V>s to local banks
office of
The bonds
bonds
Hawkins, 1962 inclusive, and $12,000 from
bn
4>' *0 1949 to 1953, incl. 1
bid for, payable to
Delafield & Wood, of
were acDroVfed
New York 1963 to 1977.
the
approved at the election held A 11500 cert'fied
District, I City, and their
Principal and intercheck, payable to
| the
is required.
on
July 29.
approving opinion est payable in New York
Board o£
County ComnlissionJ
will be furnished
City. De¬
to the purchaser
ers,
must
livery on or about Oct. 7, at
Hempstead, Lake view Fire District without cost.
accompany
the
bid. I
place
OHIO
of purchaser's
(This offering takes
(P. O.
choice. Bidders are
the place
Hempstead), N. Y.
of]
the $35,000
requested to name the
Bond Sale —The
Port
issue, which had been]
Henry, N. Y.
interest
Arlington, Ohio
$19,000 con¬
rate or
Bond
scheduled for sale on
,
Bond Sale
struction and
rates, not exceed 6% per
The $50,000
Offering—Elizabeth Man¬
Aug. 15.)
equipment bonds
3%%
Electric Light
offered Sept. 8—v.
ning, Village Treasurer, will re¬ annum, in multiples of Y\ of 1%
^hd Power Plant
JEast Cleveland
166, p. 998— ceive
Each bid
City School
were purchased
sealed bids until 2
may name one rate for Mortgage revenue bonds
by Tilney & Co.,
offered
p.m.
District, Ohio
part of the
for sale on
of New
(DST) on Sept. 23 for the
bonds and another
Aug. 21, were awarded
York, as U/4s, at
Bond Sale
pur100.11, a chase of
The $325,000 lirate or rates for the
on Aug. 29 to
basis of 1.219%.
$34,000 not to exceed 3%
The bonds are
balance, bu;
R<>C. Firestine, of] brary, unlimited tax bonds
offered
interest street improvement
dated Sept
mav name more than
four Findlay, at a price of 101.37, a
1, 1947. Interest M-S.
bonds,
Aug. 11—v. 166, p. 615—were pur¬
Dated Aug. 15, 1947.
raterand each bidder must soe- basis of about
Due
Interest F-A.
serially from 1948 to 1954
3.10%, according chased by
Halsey, Stuart & Co., as]
cUy'in his
to the
Denom. $1,000.
Due on
Village Clerk. Denom.
amountof
Aug. 15,
$1,- lV2s, at 100.632, a basis of 1.436%.
of Souto
of each
rate
Dated April
Each rate 000.
1, 1947. Due on Interest J-D;
aJShore Trust Co., Rock-1 and
Dated Sept. 1, 1947.1
must be bid for bonds of consecu
$4,000 in 1954 to 1957.
April 1, in 1955 to
jyille Centre, for 1.40s, at 100.01.
1973; callable These are the bonds authorized at
j of interest to be in multiples of
maturities.
The bonds will on or after April
1, 196Q, at par the November election in
% be
or
1946.
and accrued
1/10 of 1% and
awarded to the bidder
Moravia, Locke, Niles,
Sempronius,j same for all of the must be the to purchase the bonds at offering able A-O. interest. Interest pay¬ Due serially from 1949 to 1968 in¬
Venice, Summer hill and
the low¬
bonds.
Prin¬
Runner-up in the bid¬ clusive. The
Homer,
est interest cost
Central School
cipal and interest
approving opinion of
to the
ding was Ryan, Sutherland
District No. 1
payable at the
County,
& Co.,
Squire., Sanders & Dempsey, of
i
such cost to be
(P. O.
Village Hall.
Said bonds will
determined by de¬ offering 101.17.
Moravia), N. Y.
be
Cleveland, will be furnished at
Bond Offering —
delivered at New
Elmer Morse,
York, N. Y., or ducting the total amount of the
the expense of the <
Baardman Local School
Clerk Board of
Board of Edu¬
premium bid from the
District;
Education, will reaggregate
cation.
The second
ceive sealed bids
Ohio
highest bid
until 3 n m
rm
Yr>
upon
Bond Sale—The
1-7
was
*
A;
that of the Northern
t!
°ct- 10> 1947- ri?u Purcnas.er about bonds until their
S6pt. 17 for the
$517,000
The
Trust)
respective ma- pon
purchsse of $58,"*
approving opincou-Aqq Chicago for lV2s at
j ion of Vsndewciter
construction
boo not to
No hid of loss
bonds offered
100.221.
' *-mcagQ>I0r
/2S> 311UU ^
exceed 3%
than nar
Svkes
& I
^
interest Heckler
^
Sept. 8—v. 166, p.
4fe.
*n
building
i*.
of New Yor'k
counon
999—were pur¬
or
Eaton
wiU ?", acc™ed mterest will be en*ICI»-."*■ j
Exempted Village School
E! n 4 iS 4 ? iS ?e7ed \u
chased by a
r'
wm
syndicate
tertained.
be furnished to the
Bids to be on
consisting"
forms of
purchaser
District, Ohio 1
SePt-. !> l947. Inter- | without cost.
Stranahan, Harris & Co.,
Enclose a certified 1 furnished bv the above Secretary
Bond Sale—The
Inc.,
Denomination $1,000.1
iurmsned
me abov>e secretary. of
$395,000 school
Due $2,000 on
check for
Toledo, Braun, Bosworth & bonds
$680, payable to the Vil- The approving opinion of Mitchell
March 1, 1949 to
offered Sept. 1—v; 166, p.
Co,, Inc., Ryan, Sutherland
&
1977 incl. Rate
lage.
& Co.,, 902—were
Pershing, of New York
of interest
purchased by Otis &
City, of Toledo,
to be
in a
will
be
D
Fahey, Clark & Co.,' Co'., Of
r
w
furnished.
multiple of y4 or 1/10 of
A
v
,
lt
certified First
Cleveland, as l%s, paying
1%,
Port of
Cleveland
end must he
check for
Y°rk A^onty
$6,000 payable to the
the same for
Corp., - and a premium of $7,606.60, equal to
all of
McDonald & Co., all of
the bonds.
State
Treasurer, is required.
Cleveland, 1101.926,' a* basis of 1.572%. The
Principal and interest L
as
2s, at
payable
at
100*4104, a basis of bonds are dated Oct.
~The Bankers
the
First
1, 1947. InNational Trust
of New York' has been
1.962%. The bonds are
Fayetteville, N. C,
Bank of
dated Oct
;erest
Moravia. The bonds
A-O.- * Due
Correction—The Interstate Se¬ 1, 1947. Due
serially from
are
aPP°mted Paying Agent for payissued for the
serially from 1948 to 1948 to 1971 incl.
purpose of
curities Corp. of
\ '
conment of Principal and interest
Charlotte (not 1971. Inter est J-D.
on
structing a new
Principal and
the First
building
Securities Corp., Dur¬ interest payable at the
The *16>350>000
Torminai
bonds will be
Forest, Ohio
Bonds,
Mahoning
delivered at Morham) headed the syndicate which National
due serially June
Bond, Offering — The r Village
Bank, Youngstown. '
avia, N. Y., or at such
15>
purchased on Sept. 1
other place 1948~62'
Clerk will receive sealed
as
various is¬
bids unmay be agreed with
sues of bonds
the purCambridge, Ohio
til 12 a.m. on
aggregating $490,000
chaser about
Sept. 20 for the,|
Note
Oct. 1, 1947.
Tonawanda, N. Y
as
reported in detail in v.
Offering—Richard W. Mil¬ purchase of
A cerBond
tified check for
$16,000 3Vo interest
166, ler,
Offering—Moss A. Sim- p. 999. Other members
City Auditor,, will receive
$1,200 payable to
of the suc¬
water'works coupon bonds. Dated
son, City Clerk, will
sealed bids until 12
pie District, is required.
receive sealed cessful account
a.m. on
were
the Trus'
bids until 11 a.m.
Sept. Sept. 1, 1947. Interest A-O. De¬
20 for the
on
-purchase of a
Sept. 18 for
New York r;t-u u
•
Company of Georgia, Atlanta, and 2%
$74,000, nomination $1,000, $500 and $109»
I the purchase of $128,000
interest special
not to
Housing Authority, | exceed
Due $1,600 on Oct.
assessment
Hamilton & Co., of
New York
5% interest water
1, from 1948
Chester, S. C street improvement note.
coupon
Dated to 1957, incl. * Bidders
or
Prepayment of
registred bonds. Dated
The
may bid
July 1, 1947. Interest
winning bid was a price of
Bonds—The AuJ-.J.
Sept. 1,
for a different rate
Due
of interest in
'giority has deposited with 1947. Interest M-S.. Due on
July 1,-1949. Bidders,
a multiple of
may name
Sept. par for a combination of
Bankers Trust
1, as follows:
V4 of 1%. Principal'
4y2s, rates of interest in
$5,000 from 1948 to
Company, New
l3/4s and 2s,
multiples of and interest payable at the First
r
reflecting a net in¬ y4 of 1%. No bid for less
than par National
principal
terest cost of about
Bank, Forest. A certified
and accrued
Interest. The approv¬ eheek for
2.039%.
$160, is required.,
ing opinion pf
of %
Peck, Shaffer &
dated Dec
] q«
Lexington, N. C.
must be the same four all of
Williams, of ^Cincinnati, will, be
Lima, Ohio
interest to maturity
Bond Sale—The
W
bonds. Principal and
Bond Sale —The
$60,000 refund¬ furnished. A' certified check for
$13,705 sewer
interest
turing Dec 1
1% of the noT#bid
iosftg—Sc-. 1'..,n 1®48. 19*9 ma; I payable at the Marine Midland ing bonds offered Sept. 8—v. 166,
for, payable to improvement, special assessment
and Trust
the city, is
Co., New York
required.
bonds offered, for sale on
City.
The p. 999—were purchased by R. S.
Sept. 3
aate on
approvin« opinion of Wood, King Dickson &
bonds
—v..
Cleveland HeightOhio
matur-1 & Dawson, of
166, p. 807—were awarded to
Co., of Charlotte, pay¬
New York
Bond
City, ing a premium of
J. A. White &
Co., of Cincinnati,
$10.98, equal to rector Offering—Ray Martin, Di-^
of
Finance, will receive as 13/4s, at a price of
101.21, a
\
,
—
pay-|
^
J
,
—
,
—
Shnrf
/'
'bidtoe
iVSJP I953'
Rate|^ve
'Hi
A
h
'
'K
.-J
-i.
I aerledhw?th7heP
t
$
II.
purchlse^Tbout I »m°unt"o£'n!®res'
.
•
clty
w
?YSt
Mm
';)'i
boLs
^ M
■
.
.
«
bu"-•-•V-
M'-f?
w'^n
<=«• >
.
i
"ft
-V
;•
J V
j-
yV'rVt-
v''¥
■M\k-
t,
-VP
.V-I
V
•
N?,w
*Neui YorJ,
Afe^t
.
„
,
.
>
Ci!y
i'f'i'"
.
.
,
_
Kg bonds^of theSiAn,1th°";e ^"iples
!
w^;thont?L' Iand
.
[n
S
r^empti^n'date onfibonHa.VaU?ble I
hu:
■
iber
166
15?
Number 4629
THE
of about 1.51%. Dated Aug.
17. Due on Nov. 1, in 1949 to
exceed
lst
o
issue
?n Dec.
ln
^48
«
0
Runner-up was Ryan, Sut-
Ind
& Co., ottering 101.101 for
ffl
1
a
;J I
?. 1949 to-'ifi Lnd
tl0»
$1,000
far.aSe
,
,nd
m
I
m
I
Id
for
f - 1)
for
in
rates. Alternate
invited. A certified check
or
Call—Village Clerk Ken-
li C. Teachout will receive
led tenders until noon on Oct.
If refunding bonds, issue of
Kg. Bonds will be purchased at
Rate of iQ.
.
(j-p)
>f the
in
with-
or
May field Heights, Ohio
lond
to
iple of
y4
terest
incl.
Lired.
fron I
$4,000
:
1972
callable
[$3,000 payable to the City, is
$600
*?U°llows
from 1954
be
Interest shall be at
rate
are
Denomi.
ne
1948 to
shall
Ipremium.
Ibid
4th ig,
I
bonds.
revenue
thereafter with
or
12
1, 1947,; Denomination
$6,000 on April and
I bonds
I
$1,000.
er
Due
J.
Council,
$300,000 water works
J 1, from
194
as fol
\ 1948 to 1957
1(*s.
Oct.
City
Sept. 23.for the
on
mortgage
c lo!
Charles
—
of
sealed bids until
receive
ihase of
arl
1,000.
ion
Offering
Clerk
I (EST)
f0,
1948
ssue
Mansfield, Ohio
leer,
issue
m'°n
>0
Interest payable
inclusive.
juS
a,s folI4l
,
[lowest
price offered to the
ex¬
Direc' it of approximately $19,000.
Re office
of
f the
New Carlisle, Ohio
city, jg I
r, less
than bond Sale Postponed—The sale
terest. All
[the $8,000 3% interest, water
d at the
ofbonds was postponed until
of Finance Lt. 15.
|rks
V
egal depos-
leveland.
of
IRtfcy Township Local School
A
| f)fsfricf (P. O. R. D. No. 1,
the
[or payable
finance, is
Vichery), Ohio
Sale
Bond
The
—
$125,000 im-
bvement bonds offered Sept. 10
fre
(P.O.
purchased by Fahey, Clark
Co., of Cleveland,
o
1S/4S,
as
pay-
bids will ga premium of $1,115.00, equal
pt. 15 by 1100.89, a basis of 1.66%. The
Lds are dated July 15, 1947.
nty Clerk,
be $3,000 ion Jan. and July 15,
WO court
>d
ids.
L
Interpay-
L
on.
$1,000.
$4,000
1953, incl.
[r&
to
the
purchaser
The second highest
dder was-J. A. White
& Co., of.
ncinnati for l%s, at 100.807.*
)
place of
had been
]ptsford
f 15.)
Exempted Village School
•
-;\
District,
Ohio
Bond
\t
!5,000 It
Offering—Marjorie SeilClerk/ Board of Education,
m
offered
receive
sealed
bids
until
p.m. on Sept. 29 for the
hase
pur-j
& Co., as
:
1.436%.
The
Williams, of Cincinnati, will
pout cost.
nmission,
the
bid.
School
1968 inclusive.
opinion of Peck, Shaf-
furnished
Payable to
/ere
1964 to
Woving
>ue
s
1949 to 1963 incl., and $3,000
15 and $4,000 July 15,
Jan.
13%,
I
um
of $85,000
bonds.
2%
pur-
interest sta-
Dated Nov.
1, 1947.
Denominations $4,$3,000. Due on Sept. 1.
prized at
1 follows: $3,000 from 1948 toin 1946.1
)58, incl., and $4,000 from 1959
1968 in)
1971, incl. Bidders may bid for
terest M-S>
1, 1947.
0 and
union of
psey,
different
of
ished
at
)0.221.
a
M attorney's opinion. A certif ied
$850, payable to the
ptrict, is required.
166, p.
;
&
Salem, Ohio
paying
[Sends Authorized.
qual to
The City
fdinance
In-'
ph for
from
"
—
pndl is said to have passed an
at a recent session cali¬
.£
The
j
in
feck for
) school
47.
interest
Nction held on May 7, 1946. The
(strict will furnish
printed bonds
School
Otis
of
inelpal and interest payable at
h Rossford Savings Bank. These
k the bonds authorized at the
bid
Trust
n
rate
ultiple of lk of 1%. No bids for
b than par and accrued interest,
of Edu-
lest
-
the
issuance
Pty Ball-bonds.
of
$100,000
VT*•-
-~
^
punfcury
Village,
ds
un-
ro
the
,
nterest
Dated
.)
De1
$100.
1948
1
y
bid
•est in
ncipal • |
;
First
ft
Local Sch. Dist., Ohio
o n
d. Offering
ring, Clerk Board
—
of
sment
spt. 3
ed to
anati,
21,
a
Russell
11
purchase
$119,000 not to exceed 3 % in-^t building bonds. Dated Oct.
[*947, Interest A-O. Denom. $1,r* Due on
Oct. 1, as follows: $8,P" from 1949 to 1956 inclusive,
N $9,000 from 1957
E
to
1971
in-
Rsiye.. Rate
Ntiples
of
of interest to be in
V4 of 1%. These are
fe bonds authorized
p held on June 24.
sewer
J.
Education,
r*U receive
sealed bids until
.It en Sept. 23 for the
at the elec-
No bid for
p than par and accrued interest.
P® approving opinion of Brick[> Marburger, Evatt & Barton, of
Numbus,
Nified
will be
[the Board
ared.
furnished.
A
check: for $2,000
payable
of Education, is
; "
*r7w
.
re¬
>
COMMERCIAL & FINANCIAL
CHRONICLE
64
(1104)
THE
bonds authorized at the
Dec.
640,000 street opening and wid¬
The
ening, series 245 bonds. Due
$32,000 on Oct. 1, from 1948 to
1967,
incl.
These
are
the
,
bonds authorized
at
the
notice.
Dec.
Not
at
the
to
public
market
Dec.
1*47.
Interest
tions
$1,000.
est
A-O.
Oct.
1,
name
the
u
tional
*'
4
_U
)i-
bonds
'
4-';
'
■
'H{
the bonds bid
<>>■
follows: $7,000 from 1948
to 1950
•M
incl., $8,000 in 1951 and
1952; $9,000 in
1953; $10,000 from 1954 to
1956 incl.,
$11,000 in 1957; $12,000
;
in 1958 to 1960
1961 to 1963
M
1964
I!
to
1967
to
from
it
in
1966
1969
1970
to
inverse
July 1,
1972
incl.
or
on
Callable
order
any
on
interest
payment date thereafter.
Payable
at the First
i'
County (P. O. Galves¬
ton), Texas
Bonds Defeated—The
$4,000,000
including the $1,500,000
court house bonds
and the
bonds,
'■f»
'•*
f'.J
900
v
$2,500,-
road
were
-
not
tion held
improvement
authorized
on
at
bonds,
the
elec¬
Aug. 23.
/A
Texas
house
Sale—The $45,000
bonds offered
school
Aug. 25 —
808—were purchased
by the First of Texas
Corp., of San
v.
:<£•
V
of
166,
p.
Antonio,
<•..
and
the
Farmers
anc
Merchants State
Bank, of Ladonia,
jointly. Dated Oct. 1, 1947. Inter¬
est A-O. Due
serially from 1948
4.
'
bonds
166,
by M.
La
io,
Offering
—
C.
M.
Blair
President Board of
Trustees, wil.
receive
on
sealed
Sept.
16
bids until
for the
8
p.m.
purchase o;!
$450,000
school
house
bonds.
Dated Oct. 1, 1947.
Due July
1, as
follows: $3,000 from
1948 to
195
i
incl.; $4,000 in 1952
and
1953,
$3,000 in 1954;
$4,000 in 1955 anc
1956; 9,000 from 1957 to
1959 incl.,
$10,000 in 1960 and
1961; $11,000
in 1962
and
1963; $12,000 in 1964
$13,000 in
1965; $14,000 in 1966
|JO,000 in 1967; $21,000 in 1968
$22,000
m
1969; $23,000
in
1970
p.m.
Sept.
on
$1,000,000
coupon
inclusive, maturing Sept. 1, 1948,
Sept. 1, 1957, inclusive, shall
be bid on as one
block; bonds
to
second
a
two
—
the
of
bidder
shall
each
on
bonds
fix
bids
will
both
&
of
%
or
of
be
On
taken
"all
or
the
on
none"
a
submit
purchased
entire
dated
are
J-D.
De¬
levied
all taxable
property therein
within
the
limits provided
by
upon
Legality
approved
by Gibson
of Austin.
Boothman,
VERMONT
Treasurer,
will
receive
sealed bids until 10
a.m. on
Sept.
7 for the
purchase of the
$25,000
refunding
bonds.
Dated
Oct.
1,
1947. Due Oct.
1, as follows: $3,000
in 1948 and
1949; $2,000 from 1950
to 1958, and
$1,000 in 1959.
St.
Johnshury School District, Vt.
Bond
school
166,
bonds
p.
S.
$55,000 public
Sept. 1—v.
offered
904—were
Moseley
&
as
best
separate
none"
such
purchased
by
Co., of Boston,
IV4S, at 100.51, a basis of
1.09%.
Interest J-J. The
bonds are dated
1947. Due from
1949 to
1953 incl. The
second
der
was
iy4s, at 100.51.
Winooski,
Sale—The
blocks,
bid
"all
both
or
Vt.
$125,000
cou¬
or
on
an
"all
none"
bid
is
1957, and
Bidders
required to submit a bid
spec¬
ifying either the lowest rate of in¬
terest and
premium, if any, above
par at which said bidder will
pur¬
chase said
bonds, or the lowest
rate of interest
at which the bid¬
than the best
combination of sepa¬
bids on the two
said
blocks
of
the
best
as
a
bid, either
whole, or in
for
the
Bond
premium, if
therefrom,
Offering
or, if a discount is
amount of
the
field
Bidders
or
Huntington),
house
revenue
to
are
name
Bond Election
Principal
3
approved
Sept.
close
of
the
En¬
a
certified
bonds bid
Va.
check
for
2%
for, payable to
City Treasurer.
the
*
Coupeville),
Washington
is
W.
Bank
on
Dollar
Trust
Co
water bonds
Merrill, Wis.
Bond Sale
Details—In
tion with the
sale of the
2%% water works
Co.,
in
the
Runner-up
bidding
Webster Securities
100.269 for IVis.
I
Bond
coupon
sale
were
on
the
was
Stone
&
Corp., offering
VIRGINIA
Chase City,
Sale
—
sewer
Sept.
Va.
The
mortgage
rev¬
bonds to
Stifel, Nicolaus &
of St.
Louis,
bonds
8—v.
offered
166,
awarded to F. W.
District No. 405
(P. O.
Seattle), Wash.
Bond Sale—The
$145,000 school
house bonds
offered Sept. 8—v.
p.
for
904—
Craigie &
p.
1000—were purchased
by
syndicate composed
tional Bank of
Northwest
of
the
Commerce,
Co.,
and
Stein, all of Seattle,
as
a
Na¬
Pacific
Bramhall
2s, paying
1986, incl.
1970 to
King County, Overtake
School
166,
$150,000 3%
to
1986
Bonds maturing in
are
callable
on
1, 1957.
Jan
issuance
construction
at 99.60, a net inter¬
2.925%. The bonds are
March
1,
1947
and
are
dated
divided
as
follows:
For
$17,00(
maturing from 1948 to 1957 incl.
2%s, and $23,000
maturing froi
1958 to 1967
incl., as 3s.
as
St.
Joseph d'Alma
School
Commission, Quebec
were sold
recently
price of 99.50,
giving a basif
about 3.095%.
Dated July L
1947. Due in from
one to 11 years.
at
a
of
St.
Joseph Sch. Commission, Que^
Bond Sale—An issue
of $120,00C
construction bonds was sold re¬
cently as 3s, at a price of
par. T
bonds are dated
Nov. 1, 1947.
Sillery, Que.
Bond Sale—An
issue of $227,(
road,
bonds
water
>
works
and
sewe^
purchased by McNeil*
of Quebec, as 2%s,'
at
99.34, a basis of 2.813%. The
bonds are dated
Sept. 1, 1947. Due
serially from 1948 to 1967 inclu¬
sive.
were
Tadoussac, Que.
Bond Sale—The
$31,500 3% in¬
terest electric
works bonds were
purchased by
Grenier, Ruel & Co.r
of
Quebec, at 99.54, a basis of
3.048%. The bonds are
dated Aug..
15, 1947. Due
20 years.
serially in from
anc
equipment bonds is" said to
have
I.
been approved
by the voters by;
wide margin.
'
1
$1
1 to»
Thetford Mines,
Que.
Bond Sal©—An
public
issue of $252,000
works
and
improvement
bonds was
purchased on Sept. 4
by a syndicate
composed of the
Toronto;
of
v
a
-
Interprovincial, Ltd.)
Montreal,
both
Voted—The
school
•>*
&
of
and
Wis.
Bonds
are
est cost of
Canadian Bank
Niagara Sch. Dist. (P. O.
Niagara
$200,000
at 99.50,
bonds
connec
$145,000
Sept. 1—v.
Stein, jointly.
The
Mantha, Inc.,
Harper
reported
offered for sale and Son &
Co., of Seattle, and
-v.
166, p. 616—we now
166, p. 904—were Richards &
learn
that the bonds
Blum, of
awarded to Salomon
mature on Jan.
Spokane,
Bros & Hutz- jointly, as l3/4s and
2s, at a price of as follows: $2,000
ler, of New York, as
from 1949 to
iy4s, at a 100.044. The second
price of 100.32, a
highest bid 1952, incl.; $3,000 from
1953 to
basis of about for $115,000
2s, at 100.05, was that 1965, incl.;
1.19%. Dated Oct.
$4,000 from 1966 to
1, 1947. Due of the National
Bank of Com¬ 1975,
from Oct.
incl.; $5,000 from 1976 to
1, 1948 to 1957, incl. merce,
Seattle, and Bramhall & 1983, incl., and
Interest payable A-O.
$6,000 from 1984
on
Montreal,
Bonds Sold—It is
reported thai
3%
semi-annual
con¬
Va.
Wheeling
&
of
3.064%.
struction bonds
712»—were
Baker, Watts & Co., of
the
of
$315,000
County (P. O.
Wheeling.
enue
•
Bond Sale—The
$40,000 paving
street bonds were
purchasee
by the Credit
Campbell, City
WISCONSIN
Bond Sale—An issue
of
$115,000
court house
building bonds offer¬
ed
Sept. 1—v. 166, p.
904—was
purchased by William P.
to 20 years.
Plessisville, Que.
Sale—The $347,000
2*4%
and
WASHINGTON
Island County
(P. O.
one
and
bonds offered for
sale
8—v.
166,
p.
Savings
sold at par. The
dated July
1, 1947. Due
dated Aug.
1, 1947.
;
at a price of
104.011, a
basis of about
1.49%. Dated
July
1, 1947. Due on
July 1, in 1948 to
1981; optional on or after
July 1,
1953. Interest
payable J-J. Seconc
best bid was an
offer of 103.41
submitted jointly
by Blair & Co
Inc.,
are
Rationale,
City Council has
order
calling for £
an
Baltimore,
,
Que.
interest
special election to be
held on Sept.
23, to have the voters
pass on the
awarded to
and
interest payable a'
Chase National Bank
of New
York. The
approving opinion of
Wood, King & Dawson, , of
New
York City, will be
furnished.
the
are
recently
basis
bonds.
Scheduled—It
stated by John D.
Clerk, that the
Kingswood),
interest rate
$2 50(1
sold're¬
Plague Laval, Que.
Bond Sale—The
$31,500 3% inerest
paving bonds were pur¬
—
Elkins, W.
Bond
rates, other things
being equal
Chateauguay,
serially from
rates in
multiples of y4 of 1%.
school
paid,
was
Artie
Holley,
County Court, will re¬ chased by the
Banque Canadienne
1
Preston
discount will be
added thereto.
Preference will be
given to the
lowest
bonds
3s, at par. The
bonds
dated Aug.
1, 1947.
bonds
p.m. (EST) on
Sept. 17 for the purchase of
$415,000
issue shall be
and
the
amount
of
any, will be deducted
Que.
of
as
Bond
ceive bids until
by the City
through
life of the
cently
approve
the
order
the issue will
be submitted to
the
voters.
separate
blocks, the total amount of
inter
est to be
paid
Township,
Sale—An issue
works
v.
ney-General
the
Bond
water
&
bonds, and if awarded in
sepa¬
rate blocks, on the
best bid for issuance of $85,000
bridge con¬
each block. In
arriving at whai; struction bonds. Should the Attor¬
is
bonds
1
QUEBEC
Campbell
will
President
or
better
count
CANADA
1956 and
W. Va.
to
blocks, provided
a
349 to 191.
and 1962.
Cabell County (P. O.
of
rate
Sept.; 1,
highest bid¬
E. H. Rollins &
Sons, for
issue
awarded
be
to have
$110 00f
of
construction bonds
by
1, as follows: $17,000
in
1949; $18,000 from 1950 to 1952,
incl.; $19,000 from 1953 to
1955,
combination of bids for
considered,
Higgins,
entire
bonds, they shall
frnr
$2,000 in 1972.
voters are said
approved the
issuance
3%
interest
school
Dated Oct. 1, 1947.
De¬
nomination $1,000.
Interest A-O.
Due on Oct.
were
accept bids on and issue
only bonds in Block Two
(Bonds
Nos. 501 to
1,000, inclusive).
In
awarding the bonds, after bids are
the
Quick,
receive
on
WEST VIRGINIA
500, inclus¬
the
1952 +r
1962- $2
1968; $2,500
Wilton Union
High Sch. Dist
(P.O.
Wilton), Wis
'
Bonds Voted—At
a-recent elec*
tion the
bonds.
any
or
for
on
,
bonds, either
whole, and shall
received
mature
$500 in
000 from 1963
to
1969 to
1971, and
City
reject
right to
thj
for
.029%. The bonds are
bid is required.
dated Ma>
1947. Due
serially in one to 2C
Lewis County, Winlock
School Dist. years.
No. 232, Wash.
Dumontier School
Bond Sale—The
$77,500 build¬
Commission,
Quebec
ing bonds offered Aug. 25—v.
165,
Bond Sale—An
p.
issue of
808—were purchased
$70,00C
by the 3% interest
construction bonds
State, as l3/4s.
the
on
The
and all bids for said
in blocks or as a
out
Newfane, Vt.
Offering—Ira E.
Bond
the
reserves
bonds.
ive)
office
aw.
of
Raus-
$500. Due
on June
1, as follows: $1,000 from
1948 to 1957
incl., $1,500 from 1958
.0
1967 incl., $2,000 from
1968 to
1971, and $1,000 in 1972.
Principal
and interest
payable at the
Gibson &
interest rate
block
3S
amount
have the right to
accept bids on,
and issue
only bonds in Block
One (Bonds Nos. 1 to
& Co., of San Anton¬
1, 1947. Interest
nomination $1,000 and
another
other
school
by
bonds
and
& c0
learn
as
1951; $1,000 from
1957; $1,500 from 1958 to
Sept.
$275,000 not
incl.; $20,000 in
$22,000 in 1961
$36nftc]
Sale—An issue of
Thorgrim¬
$5O,00C
Horowitz, of Seattle, ap¬ 3% interest municipal garage and
street
proving the legality of same. A
improvement bonds ]
been sold at
certified check for
5%
of
99.72, a basis
the
whole,
option,
his
Offering—Harold
con^
the
now
and
exceed
son
bids for
as
Committee, for
purchase said bonds at
par. The bonds will be
sold with
the opinion of
Preston,
1%.
we
bonds were sold
price of
101.45, and
Nov. 1, as follows:
Washing-
County Treasurer, will
sealed bids until 11 a.m.
30 for the purchase of
der
in
on
blocks of bonds
bidder shall, at
the
interest
bonds
said bonds
and also "all or none"
blocks,
issue.
the
on
Madison,
19J
bonds VJ
Sept. 1 issue—v
the
are
separately
the
block
multiples of 1/10
Bids will be taken
follows:
as
blocks
rate
were
Allison
block. In all bids
our
of
revenue
994~T.to Harley> Haydon
of
J
second
Chehalis), Wash.
;o
23
p*
&
Lewis County, Chehalis School
District No. 302 (P. O.
Bond
or registered bonds.
Sept. 1, 1947. Denomina¬
tion $1,000. Bonds Nos. 1
to 500,
$220,000
Sale—The $34,000
33/4s. The
as
pon
Dist
Texas
Bond
E.
Antonio,
were
cher, Pierce
Bond
Marque Independent Sch.
7:30
of
opinion
sale
system
ported in
~
par.
a
Dated
in
808
p.
June
to 1972 incl.
V- V,i
by
2s, at
sewer
sold
.
__
State Finance
;on
1.
Offering—George M. Bell,
until
city
warrants offered
v.
San
bonds
than 2 to
more
approving
tion with the
1967
were
—-
of Seattle. The
lighest bidder was the
stated
for the purchase of the
Corpus
1958. The entire issue
will be re¬
funded into bonds
bearing interest
at the rate of
2%. The bonds are
dated Sept. 10, 1947.
F.
Bond
■1
bridge
Sale—The
.
is
bids in multiples as
$193,000 2VqS, maturing $8,000
above
1949; $15,000 in 1950; $20,000 provided, fixing one interest rate
on all of said
in 1951; $25,000 from
bonds, or one in¬
1952 to 1957
terest rate on one block
incl., and $27,000 2s,
of bonds
maturing in
■
Ladonia Independent School
Dist.,
bide
opinion
The
—
Town
Galveston
It
—
bonds
.
the
,
City Treasurer, will receive sealed
For
Francis, of Houston.
v i
with
The
Pardeeville,
Sale
Details—ln*
Bond
F-A.
Preston, Thorgrimson, Horowitz
Turner,
in
Approved as to
legality by
Chapman & Cutler, of
Chicago,
and
Vinson, Elkins, Weems &
'
Sale
—
National Bank, Hous¬
ton.
approving
incl., $13,000 from of the State
Treasurer, Austin,
incl., $14,000 from
'he bonds are a
direct obligation
inch, $15,000 from of the
School
District payable
incl., and $17,000 from ad
valorem
taxes
numerical
1962,
25
Bond
Co., of
i
and
Co.,
T exa8
Houston, as 2^4s, 2V2s and 2%s.
Hated July 1, 1947. Due
July 1, as
Nov.
the
purchased
County, Rural High Sch
No. 1 (P.O.
Richmond),
inclusive.
,
Lynchburg, Va.
Bond
at
Rangerville Independent Sch. Dist
(P. O. Santa Maria), Texas
Bond Sale—The
$300,000 school
bouse bonds were
recently pur¬
chased by B. V. Christie
&
bonds.
delivery being
1, 1947, at the Nos. 501 to 1,000, inclusive ma¬
Bank, Austin. turing Sept. 1, 1958, to Sept.
1,
furnish to the 1967, inclusive, shall be bid on
as
(P. O.
Christi), Texas
road
"
*
authorized
County
Aug.
Forf Bend
Dist.
of
National
District will
Warrant
city, is required.
f
about
Nueces
for, payable to the
dated Aug. 1, 1947. Interest
Due serially from 1949 to
Co., offering
construction
margin of
District, is required.
& Cutler, of
Chicago, will be
iurnished by the city. A certified
-check for 2% of the face
value of
.
plant
certified check for
$9,000 pay¬
able to the
man
'I >
Bonds Voted
Chapman & Cutler, of Chicago.
A
The approving
opinion of the At¬
torney-General of the State and
the
approving opinion of Chap¬
4
were
date
purchaser
purchaser.
))■''
bonds
or
of
tion to call prior to
maturity. The
bonds
will
be
delivered about
Oct. 20, 1947, to the
the 3%
&
Monday, September
15,
premium of $43,50, equal to
100.03,
a basis of
0.933%. The bonds are
Danville, Va.
have to pay, and shall
schedule showing inter¬
to the District on each
Austin
property with the city
These bonds carry no
op¬
•limits.
cost
The
all taxable
1
a
expected
on
permissible. These bonds are
sup¬
ported by an ad valorem tax on
H-'.
'
Bank, New York. All
Cassell
on
105.437
of
will be delivered to the
purchaser
soon as possible
after the sale,
will be payable to bearer with
the
option of registration as to princi¬
pal only. ''All or none" bids are
»')
rate
name
as
requirement that all issues carry
the same rate.
Principal and in¬
terest payable at the Chase Na¬
o
to
F
multiple of Vs of 1%.
District,
justify a
approximately par,
expressed in hundredths of 1%,
but split rates will not be con¬
sidered. It is desirable, but not a
■
a
C
was
an election held on
April 5, 1947.
The bonds, which are to be
print¬
ed at the
expense of the
Denomina¬
Bidders to
rate of interest that will
bid of par, or
>).
be
These
dated
are
CHRONICLE
1, in 1957 to 1977. Interest payable
M-S. iturmei-ujj in the bidding
Runner-up in
on
group of coupon rates as well as
the total cost. No bid less
than par
and interest will be
considered.
authorized at the Dec.
bonds
optional
than 3 rates of interest
named.
If
bidder desires
furnish
8, 1945, election.
^he
be
more
trict will
construc¬
tion, series 247 bonds. Due
$2,000 on Oct. 1, from 1948
to 1967, incl.
These are the
bonds
FINANCIAL
by
R. L. Hall, City Auditor and
to name more than one
Clerk,
rate of
;hat at the election held on
Sept.
interest, he shall furnish with his
9, the voters approved the issu¬
bid a schedule
showing the total ance
*>of
the
$1,500,000
electric
amount of interest which the Dis¬
8, 1945, election.
40,000
Bidders
interest in
bonds authorized
to
are
July 1, 1957, on any in¬
terest date on 30 days'
published
40,000 fire station and signal sys¬
tem, series 246 bonds.
Due
$2,000 on Oct. 1, from 1948 to
1967,
incl.
These
are
the
i
bonds
after
or
28, 1943, election.
>•
&
$24,000 in 1971 and 1972; $26,000 in- :o., of Richmond, at a
price of
1973; $20,000 in 1974; $43,000 in
06.945, a basis of about 2.58%.
1975, and $44,000 in 1967 and 1977. Dated Sept. 1, 1947. Due on
Sept.
8, 1945, election.
V
COMMERCIAL
96.69,
of
of
Commerce, of
McNeill, Mantha, Inc.*
de
Placement, Inc.,
Montreal, at a price of
Societe
of
giving
about
vided as
a
2.79%,
net
on
interest
due in 1948 to
cost
the bonds
follows: $107,600
as
di¬
2Y4s,
1957, the remaining
$144,400 as 2^s, due in
1958 tG
i 1967. Dated
July 1, 1947.
@FedFRASER