Full text of Commercial and Financial Chronicle : September 19, 1949 : General Corporation and Investment News, Vol. 170, No. 4839

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MONDAY

Reg. U. S. Pat. Office

Volume

Price 75 Cents

York, N. Y., Monday, September 19, 1949

New

Number 4839

170

News

General Corporation and Investment
RAILROAD

PUBLIC UTILITY

-

INDUSTRIAL

-

INSURANCE

-

be

Abitibi Power & Paper Co., Ltd.—Semi-Ann.
CONSOLIDATED INCOME ACCOUNT,
(Not including

Provincial Paper, Ltd.,

Report—

.

Interest

and

discount

expense—•:—

profit for the period
Earned surplus as at Dec. 31,

1948

*—

,

Surplus arising from sale of capital assets

Dividends

on

preferred

Dividends

on

common

prior

June

Exchange

Boston Stock

Chicago Stock Exchange_____

Exchange—

Stock

.(Not including Provinlcal Paper, Ltd.,

ASSETS—Cash

St.

at

as

BALANCE

CONSOLIDATED

SHEET,

JUNE

30,

1949

(less

on

reserves),

idated

June

as

30,

ENDED

LTD.

JUNE

FOR

Net sales—after deducting outward freight,

retirement income plan-——

Employees'

State

Total

Earned

preference

on

1

shares—

surplus as at June

30,

on

hand and in

$3,791,317

1949

BALANCE SHEET OF PROVINCIAL
ASSETS—Cash

20,000

PAPER, LTD. AS OF JUNE 30, 1949

banks, $238,829; Dominion of Canada

$1,877,082; inventories
(valued at or below
present market prices not above cost) and expenditures on logging
operations, $3,646,764;
properties, plant and equipment, etc.
(after
depreciation of $6,358,336), $5,225,430;' refundable portion of excess
profits taxes, $43,500; miscellaneous investments, less reserve, $5,000;
prepaid insurance, etc., $21,554; total, $11,121,159.
LIABILITIES—Wages
end
salaries payable and accrued, $75,811;
accounts payable and sundry accruals, $922,612; Dominion and Pro¬
vincial taxes on income, $334,931; other taxes payable and accrued,
$16,952; reserve against possible decline in inventory values, $250,000;
general reserve, $629,536; 4% cumulative redeemable preference shares
(20,000 shares of $50 each), $1,000,000; common shares (350,000 shares
without
par
value), $4,100,000;
earned surplus, $3,791,317; total,
$11,121,159.—V. 169, p. 2745.
♦

bonds, $63,000; accounts receivable, less reserves,
of
paper,
pulp, wood, materials and supplies

Merger of Mississippi

The

SEC

scheduled

has

of Mississippi
lated transactions.
for

merger

proposal
Gas Co. into Alabama Gas Corp. and re¬
a

hearing

Sept.

for

23

upon

the

Mississippi would issue
and sell,
through private negotiation, $1,000,000 of first mortgage bonds, due
1971, a portion of the proceeds of which would be applied to the
redemption at 101%
of $500,000 of outstanding 3% notes and the
balance used for general corporate purposes, including construction.
Preliminary

such

to

merger,

of outstanding (no par) common stock
Southern Natural Gas Co. to Alabama
for $1,227,728 cash,
following which the Mississippi properties would
be
acquired and its liabilities assumed by Alabama to effect the
merger of Mississippi into Alabama.
12,500 shares

Mississippi's
be

would

involved

Also

its

by

sold

in

parent,

the

proposal

is

the

offer by

of 120,238

Alabama

par)
common
stock for subscription by its
common
stockholders. The offering is to be made at
the rate of
one
share
for
each
six
shares held, the subscription
price being

additional

$3.30

per

shares

share.

proximately 99%
The
eral
of

its

Gas

V.

proposed

program

interests

p.

would acquire
of the new issue.

its pro

Southern

transactions

whereby

Company,

170,

($2

in

constitute

Southern

Alabama,

presently

a

877.




as

rata share,

in

preliminary steps

or

ap¬

gen¬

a

Ultimate disposition
its interests in Chattanooga

contemlates the
well

public

as

utility

subsidiary

of

Southern.—
■

$2.96

$3.89
JUNE

SHEET,

BALANCE

2,401,767
$3.76

30

subsidiaries)

wholly-owned

1948

1949

3,526,537

News.-Cover
53
.45

Condition

501,002

12,505,870

7,632,685

$30,299,252 $30,394,448

LIABILITIES—

$382,253

Accrued

Accrued

__48

social

security

for

Preferred

Offered

Plan

directors

The

and

Sept.

on

series

approved

15

prior

the

whereby

proposal

a

A

to exchange a portion of "their

no

4,864,581

4,864,581

21,827,800

662,250

662,250

621,000

of

621,000

value___«_.

par

.

The

exchange
each

For

will

be

of

common,

or

each

For
shares

of

The

share

of

offer will

preferred exchanged, 1,81
1.75 shares of Rock Island

A

series

Ohio common,

or

'

than

unallocated

of

50%

Rock

of

amounts

that

and

Island

O.

&

C.

common,

and

the original offer.

stocks applicable to

City Southern preferred

It is stated that any such supplemental offer would be made on a
first-come, first-served basis to Alleghany's prior preferred and series A
preferred stockholders without distinction.
However, no allocation of
Rock Island and C. & O. common, and Kansas City Southern preferred
stocks will be made in excess of the amount that would be required
to exchange a maximum of 50%
of the presently outstanding shares
of Alleghany prior preferred,
plus 15% of the presently outstanding
shares of Alleghany series A preferred.

Alleghany Corp. has outstanding 47,818 shares of prior preferred

The
stock

and

4,567,797
of

the

ferred

shares

342,091

preferred

$88.74

a

of

shares.

common

prior

E.

series

As

of

170,

share.—V.

p.

31,

Aug.

$722.20

was

the

1949,

and of

share,

a

in

stock,

preferred

A

net

of

debts

of

1949

in

Inc.—Officials Promoted—

election

the

Three

W.

Mr.
B.

H.

A.

post

as

with

succeeded
Mr.
their

by

Bailey

J,

and

to

Sydney

Bailey

Mr.

departments.

Secretary-Treasurer

and

will

succeed

S.

Andrews,

Manager,

All three

Mr.
T.

Mr.

will report

Andrews

as

Operating

taking

Mr.

Robison's

Blackledge
Gaede

and

were

continue

Dausey

to

as

report

Sept. 1.—V.

to

Mr.

Slater.

170, p. 685.

SL Louis Listed and Unlisted Securities

589.

in

Cash if A. O. A. Is Sold—
The
shares
more

company,

than

Overseas

ican

to Pan

18%

balance

Airlines

the

if

62%

capital

of
sale

proposed

consummated.

Airways is

the

1,749,325

would

stock,

of

Lines

American

each

owns

Members

(See Pan Amer¬

about 20%

of A.

O. A.,

number of minority stockholders.

chare

of

A.

O.

A.

stock

would

1871

St Louis 2, Missouri

New York Stock

(steamships)

for

Established

300 North 4th St.,

Exchange

Stock

Exchange

8t.

owned by a

price

Edward D. Jones & Co.

receive

below.)

being

cash

approximately

cash

in

American

Corp.

Export

indicated

owns

Overseas

$10,800,000

Airways

American
the

which

American

of

Louis

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

In

Vice-President and

value

American Airlines Inc.—Due to Receive $10,800,000

were

Both

Assistant, Managers

Gillespie remains

eight post change? became effective

Mr.

Newman,- respectively.

Y.

formerly

Newman

Hugh M.
and

S.

L.

are

said.

Superintendent,
E.

Mr.

formerly

was

Passenger

They

Gaede,

C.

George

named

was

Captain

Marine

years,

7

including

Vice-President.

25

Freight Traffic Manager.
Slater

Mr.

Robison

Manager,

named.

were

Manager;

Dausey,

Gehan,

for

firm

Sept.

on

staff,

Vice-President.

Vice-Presidents

Operating

executive

Executive

as

the

with

and

Director

Gehan

F.

announced

President,

company's

the

in

been

has

new

formerly
and

John

of

who

elected

addition to
asset

$3,-

and

1949

series A pre¬

the

in

$460,545

and

in

$3,957,915

U. S, Treasury notes of $630,000 in
gRepresented by 800,589 shares.—V. 170,

1948.

promotions

eight

Gehan,

to

$477,530

depreciation

recently

Slater,

present outstanding prior

the

for

and $1,045,174 in

European

expire on Oct. 7.

preferred or less
than 15% of the series A preferred has been exchanged by Oct. 7,
the company reserves the right to make a supplemental offer of the
If less

bad

tAfter deducting

101.

John

common,

Alleghany

Chesapeake &
'.-V'

common.

for

reserve

reserve

American Export Lines,

prior

Alleghany

shares of Chesapeake & Ohio

$30,299,252 $30,394,448

.

tAfter

1943

basis:

following

the

on

preferred stock exchanged, 2 Vz
or 2.43 shares of Rock Island
1.33 shares of Kansas City Southern preferred.

share

■

722,072 in 1948.
p.

in

decline

market

for possible

reserve

"'Alter

1948.

313,914

21,995,994

stock

Total

preferred stockholders will be given the right
Alleghany holdings for certain dividendpaying stocks now in the company's portfolio.
The offer applies to
50% of the outstanding prior preferred stock And 15%
of the out¬
standing series A preferred stock.

preferred

1,293,373

335,597

etc.__.

surplus

■inventories

Stockholders—

48,509

1,101,069

(est.)

taxes

contingencies, insurance,

Initial. surplus

Surplus

126,764

49,394

taxes

income

Federal

lor

Prov.

Earned

Corp.- -Exchange

166,407

commissionstaxes———

local

and

State

Reserves

Alleghany

$469,851

115,162
171,952

payable

Accrued liabilities, salaries and

of

Banks

289,760

501,002

assets,
______:
plant and equipment

Accounts

System...

Reserve

Federal

Member

of

8,231,660

287,841

Total

48
.48

Statement

4,905,649

1 Property,

_14

Rates

Exchange

2,6~7~3~747

etc.—

insurance,

Frepaid
Other

2,601,053

receivable—.

(valued at lower of cost or mkt.)__

Inventories

Offerings..--

City Bond

and

7,539,057

1,985,904

notes)—

(short-term

paper

accounts

and

3,532,302

securities—

Government

S.

*Notes

Combined Condition Statement of Federal

The
,

?hare of common stock
(Including

?

Alabama Gas Corp.—Hearing on

$3,110,671
417,886
2,001,472

:

ASSETS—

Redemption Calls and Sinking Fund Notices. .47

Kansas

Gas Co.—To Sell Additional Common—

$2,369,814
522,468
2,201,620

Commercial

Dividends Declared and Payable

$3,811,317

—

Dividends

$3,010,226
401,434

—

surplus

CONSOLIDATED

318,700

1948

360,000

paid

SCommon

profit for the period
Earned surplus as at Dec. 31,

$3,370,226

transferred

profit

for depreciation

Earnings per

$480,778
3,330,539

Net

net

earned

to

Dividends

U.

The Course of Bank Clearings

5,166,037
150,000
130,222

Provincial taxes on income.,—

and

for Dominion

Provision

$3,310,671
200,000

of

Provision

Industrial Stock Averages-35

Reserve Banks

________—

$2,369,814

.

possible market decline in

for

Balance

Section

General Corporation & Investment

$6,245,737

etc

$5,508,846
2,138,620

-

Marketable securities;

Foreign

Operating costs incl. administrative, selling and general ex¬
penses bui, before provision for depreciation, etc
—
Provision for depreciation
______—_

41

Miscellaneous Features

1949

30,

12,859

$5,427,073
r 2,116,402

inventories

40

127,697

177,797

Net profit
Prov.

$5,381,149

$3,979,630

MONTHS

THE SIX

Prov.

902,735

$5,414,214

$3,854,775
1,484,961

(net)___

profit bef. Fed. income taxes)
for Fed. inncome taxes (est.)

Net

4,275,051

948,359

•

$3,676,978

—

Income

Miscellaneous

43
_44
Transactions New York Stock Exchange
26
Transactions New York Curb Exchange—.—26
Stock and Bond Averages (Dow-Jones)
35
National Quotation

expenses

profit

Operating

Markets

Over-the-Counter

in

PAPER,

PROVINCIAL

OF

EARNINGS

.

Toronto Stock Exchange—Curb

subsidiary companies not consol¬
shown by
the balance sheets of such subsidiaries as at
1949 exceeds the value shown above by $2,397,789.
equity

company's

....

Montreal Curb Exchange
Toronto Stock Exchange

solidated, $5,633,500; properties, plant and equipment (after deprecia¬
of $49,599,039), $71,625,335; Freehold timber areas and timber
concessions,
agreements and licenses, and waterpower rights (after
reserves
for depletion
of $2,669,846), $16,001,365;
other assets and
deferred charges, $2,149,444;
total, $130,601,776.
LIABILITIES—-Wages and salaries payable and
accrued, $505,607;
accounts payable
and sundry accruals, $4,318,808; advance payments
on contracts, $505,184; dividends payable July
l, 1949, $864,795; interest
accrued on first mortgage
bonds, $346,067; Dominion and Provincial
taxes on income, $4,355,739; other taxes payable and accrued, $224,334;
3»/2%
first mortgage serial bonds, series A, $8,000,000; 2lh%
first
mortgage 20-year bonds, series A, maturing April 1, 1967, $31,550,500;
reserve
against' possible decline in inventory values, $3,700,000; $2.50
prior preferred shares, par $20 (called for redemption Aug. 1, 1949),
$1,000,000;
$1.50 preferred
shares
(par $20), $27,905,440; common
shares (1,241,694 shares without nominal or par value), $25,941,295;
earned surplus (since May 1, 194$), $21,384,007; total, $130,601,776.
tion

NOTE—The

Exchange

Montreal Stock

1,019,300

4,558,266

4,589,784

Administrative

___39
.1 40

Exchange

Stock

Francisco

1949
1948
1947
$74,774,518 $88,125,500 $73,553,671
65,488,456
77,204,661 62,994,736

-

of sales

Selling expenses

Stock Exchange______..____38

Louis

San

sales

Cost

37
38
_38

Los

and Abitibi Service, Inc.)
hand and in banks, $3,955,324; accounts receiv¬
$7,186,183; inventories of paper, pulp, wood, ma¬
terials and supplies on the basis of cost and expenditures on logging
operations, $24,050,625; investment in subsidiary companies not con¬

able

assume

(& Subs.)—Annual Report—

Allied Mills, Inc.

——?———37

Angeles Stock Exchange...
Philadelphia-Baltimore Stock Exchange
Pittsburgh Stock Exchange.

surplus

would

American

Years Ended June 30—

Net

36
37

Exchange

Cincinnati Stock

Cleveland

$21,384,007

1949

30,

26
31
36
——-36

Exchange (Bonds)
New York Curb .Exchange

Detroit Stock Exchange
Earned

indebtedness of about $3,000,000,
under the contract, r Further
to pay for four Boeing Stratocruisers still to be delivered.—V. 170, p. 977.
has

currently

Overseas

Pan

which

16

(Stocks)—

Stock Exchange

New York

New York Stock

62,500
1,046,454
620,632

preferred shares
shares
shares

on

benefit of earnings
asset value of

the

''Vvv'i

figure.

indebtedness will probably be necessary

$23,113,593

Total
Dividends

revised
in stock.
directors

has been

A.

O.

increase

from

Overseas

American

l*age

$4,083,407
17,436,790
1,593,396

—

A.

of

1949, which would
the $17,450,000

during

A.

O.

A.

American

Stock and Bond Quotations

3,280,000

taxes on income

sale

that Pan American will have the

It is understood

707,115

mortgage bonds
Dominion and Provincial

Net

of

of
.

proposed

the

for

It has been extended to

In This Issue

54,310

_____

first

on

for

Prov.

bond

of

Amortization

contract

provide for payment by Pan American in cash instead of
March 13, 1950, with the approval of
A.
O. A. and Pan American.

to

etc.——__— $36,345,543
Operating costs, incl. admin., selling and general expenses,
but before prov. for depreciation, depletion, etc
25,372,981
Provision for depreciation
2,326,319
Provision, for. depletion60,000
Employees' retirement income plan—.—_
—
461,411

American

the $17,450,000 to be paid by Pan
■
I.
■'<■ —

based on

$9.92,

outstanding shares.

the

The

and Abitibi Service, Inc.)

deducting outward freight,

sales—after

Net

MISCELLANEOUS

-

about

for

JUNE 30, 1949

Copy

a

Phone
CEntral 7600

Bell
SL

Teletype
593

All

2

(1078)

THE

American

Gas

Electric

&

Period End. July 31—

Subsidiaries

Operating

:

Subs.)- —Earnings—

V-'.:

•

$

\

:

$

5,336,151

1,039,981

12,145, 152
14,797, 384

income

1,284,087

1,153,327

56,675,717

11,108,257

Operating income

787,808

14,459, 500

13,203, 553

11,609,280

2,689,187

3,167

the

this

—V:

week

amounted

kwh.,

11.24%,

170,

?vr /

16,609

75,647

154,985

1,145,753

2,764,711

2,292,180

34,928,930

981,567

1,018,309

12,014,292

A.

Divs.

G.

on

for

& E.

subs,

1/783,144

1,273,871

22,914,637

1.560,500

2,293,000

12,917,037

Co.

Net

Income

There

Amer.

April

From subs,

consol.:

of

,

Divs.

stocks

1,560,500

bonds

on

15
**

t

6~510

0 01

-

24,251

620,348

132,515
11,121

606,682
14,797

23,744,712

21,982,472

185

1,340,979

727,798

60,412

65

,

of New

also

of

been

Net

called

for

(&

of

Other

(Parent Co.):

',/

sold.

43,178

493,397

tax

85,406

120,177

729,370

884,274

stock

60,017

60,017

720,209

720,209

1,582,233

1,072,233

21,192,761

19,227,939

Federal
Divs.

deductions

Income

pfd.

on

Consol.
Est. Fed.

income tax

undistrib.
subs,

net

parent

608,975

622,997

be

___.

operating

<

for

_

•Restated to exclude from operating revenues and operating revenue
the revenue and expenses of the transportation, gas and
properties that were sold in 1948 or will be disposed of at an

early date.—V. 170, p. 977.'

•

capital

stock

account

stock;

General

for

its

exchanged

for

shares

American

of

"Under

the

$3

exchanged
plus

for

American

offer

of

all

its

of

$2

of

of

the

American

(Members

$2

the

stockholders
rate

$3

of

50c

General

General

American

of

$2.50

General

be

could

(3)

involve

tures

of

"a

exchanged

for

American

and

170,500

the

shares

of

of

111,153

shares

will

be

compensation

preferred and

each

10

shares

Equity

of

20c preferred

same

date,

American

securities

of

General

Reinsurance.

Natural

Gas

Co.

(&

the"

9,021,364

adjustments-

Federal income taxes.:

income

income

on

on

American

stocks

of

subs,

subsidiaries—

paid

to

the

co.

of subsidiaries

Gas

common

—_

stocks

of

income

Natural

on

———

subsidiaries

preferred

com.

Dividends

of

Net

__—

and

income

Fed'-ral

expenses

income

of

330,000

4.005,022

639,419

$403,455

$4,005,022

$639,419

289,398

1,709,364

Dividends

preferred

on

applic. to

45,503

35,655

$2,384,438
•

income

com.

stock

stock

of

company

(2,767,581

170, p. 297,




shares)

18,333

82^000
402,310
$1,782,407

4,839,573
333,588

2,185,862

$4,505,985

1,634,743
$7.55

-

$11,182,447
11,071,816
12,173,000

$3,482,129
16,739,140
3,370,000

26,285,327

44,387,258

he

said,

balance

first

V''".

of

expenses—.

1,022,147

negligible

of

or

the

on

of

Clarence

Ellis

Mr.

has

D.

served

•"*

■

sell,

and

such

547,231

$8,578,137 $11,518,330
820,000
7,815,507

9,299,663

1,331,000

have

considerable

207,345

32,694^960

9,606 990

—1,269,706
52,542,554

$92,260,869 $90,953,783

the

and

on

_

1949—6 Mos.—1948

*$232,516

49,352

112,384

102,384

*$9,737

$170,289

*$120,132

$95,347

$8,677,326 $11,246,181

(net)_

President

as

the

11,253,218

*$7,037

•

—

9,434

operating

13,122

19,243

32,279

*$19,171

$157,167

*$139,315

$63,068

1,245,593

Drl8,208

1,265,017

88,192

$1,226,422

$138,959
19,391

$1,125,642
913,404

$151,260

911,776

profit,

Credits

(net)

—

before

Federal
taxes

income

income

taxes-

Balance

$314,646

$119,568

20,888

$212,238

of

The Santiago
Co.

minal

Net

Ter¬

7,635

profit

tlncluding

$109,713

non-recurring

/assets and adjustments
NOTES—Since
1949

9,855

$307,011

—

"Loss,

have

not

the

$130,372

applicable

profit

to

17,056

18,772

$195,182

from

$111,600

disposition

of

capital

prior years.

the

operating-differential subsidy rates for 1948 and
been determined by the U. S. Maritime
Commission

Operating-Differential Subsidy Agreement with the New
Mail Steamship Co. (a wholly-owned
subsidiary), no esti¬
amount of subsidy the company
will receive has been

York & Cuba

mate

the

of

The

in

the

results

of

operations

for

1948

and

1949.

taxable

profit on dispositiqn of capital assets which amount
$3,988,214 is subject to Federal income taxes of approximately
$997,000. This tax liability has been reduced by operating losses and
foreign jyncome tax credits to $913,403.
The difference between the

taxable

profit

the

511
of

the

these

posals

of

the

Merchant

provisions

of

vessels

deposit

been

made

this

the

-is

to

the

and

of

or

and

tax

1936,

the

defer

taxes

that

applied

proceeds

profit

from

the

sales

contained
amended.

as

due

is

in

Section

The

effect

on
profits from the dis¬
profits were deposited in

such

to

($1,176,415)

provisions

of

Act

extent

later

book

the

deferment

Marine

was

to

fund

reserve

Of

($3,988,214)

operation

of

acquisition
of

vessels

vessels.

of

during

No

has

1949

contemplated.

and its subsidiaries, only New York & Cuba M&il
and its subsidiaries are engaged in the shipping busi¬
unprofitable service to Puerto Rico and tlie Dominion
was suspended in April,
1949.
company

Steamship

Co.

-The

ness*

Republic
The

management

has

increased

the

"reserve

for

contingencies"

of $1,500,000 by a charge to "Consolidated unappropriated
surplus" as of March 31, 1949. The sum of $1,500,000 is an
approximation of the amount which may be paid for pensions of
sum

earned

past

personnel

sulting
the

and

accrued

from

pensions

to

date,

reduction

for

and

in

existing

for

management

personnel

severance

personnel.

legal liability

recognizes no
2747.

based
to

pay

should

It

be

past

upon

employees

re¬

that

understood

to'make such payments.

—V.

of

the

169,

company.

p.

Balfour

Building,

Francisco—Earnings—
1949—7 Mos.—1948

1949—3 Mos.—1943

$95,661

$90,266

$219,932

$207,579

40,548

"Operating

47,568

92,361

113,393

30,394

24.917

70,508

55,550

$24,719

$17,781

$57,063

$38,636

misc.

and

expenses

Taxes,

San

Inc.,

Period End. July 31—
Gross Income.

including Federal

Net

tax

—

_

income

oper.

Reserve for replacements

."

Net

12,669

4,341

28,939

9,766

$12,050

income—

$12,940

$28,124

$28,870

"Including

insurance,

•

..

2525.

alterations.--V.

depreciation, repairs and

169,

(

Light Co.—New Financing—

Sept.

machine
of

'

Steamship Lines (& Subs.)

(incl.

(A. S.)

be

used

to

provide

additional funds

Beck Shoe Corp.—Current Sales Off 7.1%—

Period End. Aug. 27—
Sales

—V.

22 offer

y

Bell Telephone Co. of
Operating

public auction the foundry
Foundry & Machine Corp.
Paidge Avenue, Brooklyn, N. Y.|
auctioneer, Newark, N. J.—V. 157, p. 1143.
of

Parkway

at

59

through Herbert L. Segal,

1949—34 Wks.—1948

$2,365,354 $24,801,412 $26,236,178

170, p. 590.

also

at

tools

latter

1949—4 Wks.—1948

$2,196,886

—

period End. July

premises

>

Atlas

$120,937

income

Realization Co.—Auction Sale—

equipment

*

The

the

President

'*•[<

will

of

70,757

Profit

196,540

800,000

company's construction program.
A registration
statement covering the proposed bond
offering
was-filed with the SEC
by the company.—V. 170, p. 686.

company

abnormal

an

statement.

part

5|72o!ooo

Milling Co., an affiliate, have
Hardenbergh as Chairman

English

as

Proceeds of the
financing would
the continuation of the

on

would

profit-and-loss

a

the year, he said, that its
profit could
substantial, depending on how its book¬
transactions.—V. 169, p. 374.

expense

M.

for

The

;•*

steel

*$80,494

income

Net

application to the SEC for authorization to
competitive bidding, $8,700,000 of first
mortgage

at

cus¬

the

put

8,909,842

has made

company
and

bonds, due 1979.

to

'.

1949—3 Mos.—1948

income

expenses

by the

681,822

_

Commander-Larabee

election

and

prices

5,788,738

p.

The

advance

prices.

therefore,

sheet

was

half

handled

income

21,'40s!877

40,313,920

Arkansas Power &
issue

not

Bowles

- above
Atlas sold

3,724,141

the

SHEET

Atlantic & Danville Ry.—New
Locomotives Scheduled
Promising a fast,, efficient freight service for Middle
Atlantic States'
shippers, this railway recently resumed operations as an
independent
line after being under lease to the
Southern Ry. for 50

31—

1949—Month—1948

1949—7 Mos.—1948

$13,339,956 $12,755,654 $94,617,184 $88,700,936

revenues—

Uncollectible oper.

Pennsylvania—Earnings-

30,154

rev.-

19,906 "

;

159,681

196,684

Operating
revenues— $13,309,802 $12,735,748 $94,420,500 $88,541,255
Operating
expenses—„
11,295,831
10,551,187
78,603,234
70,804,996 J
Operating taxes
828,763
905,938
6,601,076
7,302,170

804,486

$1,381,376

Net

Net

operating income
charges—-

$1,185,158

$1,278,623

693,093

860.169

after

—V.

170,

$9,216,190 $10,434,089

5,975,080

>

879.

P.

7,584,733

'

years.

E.

a

L,

Keister,

of

the Alco-GE

the
is

A.

&

D.

will

use

Extensive

stock,

205.1

of

are

two

used

in

for

track

miles

repair

result

of

the

long,

would

v

of

&

As

the
be

A.

being

will

the

be

delivered

were

that

road
The

&

D.

&

D.

starts

to

give

solicitation

a

Biddeford & Saco Water Co.—Files With SEC—

with

The

switchers

acquisition

in

July/ will make
steam locomotives now

road

is

maintenance

recent
from

for

West

new

the

best

of

new

planned

with new rolling
facilities.
Funds for the

extensions

Period—

business

on

an

attractive

basis

to

170, p. 878.

Qtr. End.
June 30, '49

sales

Number

of

$821,309
shares

As

Net earnings per share—

of

letter of notification

a

shares

of

($100

underwriting.

improvements

par)

Proceeds

water system.—V.

to

with

the SEC

capital stock, tobe used for

will

149,

p.

3403.

a

will

—___

427

94.551

Year End.

Mar. 31, *49

Dec. 31, '48

$1,026,943

$4,946,466

2,833

180,356

94,551
$0.03

94.551
"

$1.90

Co. —Hearing

on

given interested persons until S$pt. 30 to request a
the preferred stock financing proposal of the company.

class

the

reported,
of

preferred

„

to sell 35,000 shares
bidding. The offering
common stockholders and

company proposes
at competitive

stock

be

subject to the preemptive rights of
exchange offer to holders of outstanding 6% preferred (12,942
callable at $115 per share. Proceeds would be used to retire
outstanding preferred shares not exchanged and to finance, in part,
to

an

shares),

As

Qtr. End.

-

new

Electric

&

has

upon

previously

company's
owner

Associates,

•

outstanding

filed

1

number

without

par

and

SEC

hearing

the

earnings after taxes

at

Blackstone Valley Gas
Proposed Financing—

of

Atlas Tack Corp.—Reports
Earnings—

Net

Sept.

on

undetermined

offered

The

Norfolk, Va., to Danville Is
Passenger service is being

chapter in Its corporate life, plans
freight service possible.
Emphasis

shippers, according to Mr. Keister.—V.

Net

company

an

be

reorganization proceedings.

mostly

laid

upon

announced

1500-hp.
inaugurated.

of 75-pound rail.
dropped with the permission of the ICC.
are

D.,

:

the

and

of

A.

A.

Alco-GE

diesel-electrified.
Ten
stand-by purposes only after the others units

October..

and

the

the
new

which

of

modernization

shops,

project

units,

completely

be

delivered

are

President

of

delivery of six
nightly freight service

new

99 383

$3,197,943

company—j.

net

Bal.

2,157,229

$1,372,374
330,000

455,924

Consolidated

—V.

$3,530,103

2,734,605

$5,976,652

411,101
95,355
179,600

taxes

taxes

did

Mr.

said

$5,909,725

Other

of
the company and Mr.
Executive Vice-President in charge of
Southwest operations,
since 1947.-«V.
170, p. 782.
1

-

Corp.

considerably
He

Gross prof, from ship¬
ping operations

as

completion

$4,339,923

local

Board

The

,

Interest

;'

314.697

$1,641,"630

subsidiaries

Total

Other

3,627,993

$2,347,862
1,182,241

Company:

stocks

stks. disposed of in 1948
(Detroit
Edison Co. and Madison Gas &
Elec. Co.)
Other income

Federal

3,970,106

$7,559,302

com.

on

State,

54,677

$8,711,257

Undistributed

Divs.

68.619

1,151,955

Total income deductions.;.—^

Divs.

3,246,051
2,393,544

2,997,195

1

Operating income

and

the higher

Steel
steel

price.

$3,643,647

services
accrued

:

the

Asset

3,560,188

acquisition

obtained

to

market

8,838,522

3,165,494
plant

3,678,183

June 30/48

_____

and

Hardenbergh

both

23,975,452- 28,940,163

State, local and miscellaneous Federal taxes____

Dividends

struc¬

$54,317,720 $49,763,514

_____

Net income of

of

said

»

._/

Maintenance

Gross

are

1948

|
.

the

tendered

37.04%

offers

1949

_

Amortization of

53,812,260

1

.

directors

*

to

885,286
29,981,170

reserves)

______

_.

English

Equity

Subs.)—Earnings—

for resale—

Operation

Depreciation

surplus

announced
of

Mr.

Inc.,

at

step in the simplification of the capital
American General."—V. 170, p. 589.

Subsidiary companies;
operating revenues

Other

owned

The

The

;;
->

render assistance to

paid

General

purchased

57,490,443

Affiliate Announces Changes in
Top Officials—

,

Dealers,

American

Gas

gas

65,854,012
21,688,255.
1,269,706
130,009
2,452,122

etc.—

inventory replacement,
self-insurance—
Common stock, no par value
(1,634,743 shares)
Capital surplus
Earned

stock

common

Securities

securities exchanges who

their

the

exchange proposal.

Association

12 Months Ended June 30—

Natural

12,348,549
45,141,894

for

Total

of

the

627,171
5,259,812

$92/260,869 $90,953,783

payable

*

and

overhead and deprec.)

621,277.

18,235,532

Reserve for

common.

share

voting
and

(less

trademarks,

un¬

an

further

Equity

securities

_i_

Reserve
■

be

through such members.
Equity
and
American
General
are
New
York
investment
com¬
On June 30, 1949, Equity owned 77.45% of the common stock
of
American
General,
together
with
53.59%,
2.23%,
and
17.4%,
respectively, of the $2V$2.50 and $3 series of preferred stock of that

to

as

was

Oper.

17,614,255

BALANCE

Reserve for commitment losses—.
Provision for taxes on income

statements, American General
will
185,210 shares of capital stock of Rein¬
of its own common shares under the

of

under

for

figured

7,558,691

LIABILITIES—

share

one

panies.

company. As of
the outstanding

Total

shares

common

and

common;

standard

operation

the

such

will,

Accounts

$2

could

preferred

Reinsurance

of

Reinsurance

National

each

and

American

Equity will offer all of its holdings of

tendering

preferred

could be
plus two
Equity 20c

35,922

national

for

of

shares

two

General

of

preferred

General

of

and members of

be

keeping

1,727,741

june 30/49

government

patents,
Deferred charges

preferred
of

Cooperative
themselves for

policy, he added,
the company
at its prewar standard cost.

Atlas

in

25,172,946

$7.37

CONSOLIDATED

registration

with

exchange proposal, and
shares

plus

preferred

holdings

together

Good

preferred

shares

10

share

one

American

shares

of

the

to

$3
$2

and

and

pub-

31

$

27,655,371
7,793,458

__

of

American

General

Equity

General

of

unspecified number

an

1943

share

Investments and other assets;
Property, plant and equipment

to offer
stock in
and 20c

proposes

offer,
(1)
one
share of American
exchanged for an unspecified number

be

shares

share

number

surance

common

—

General

could

common

cne

According

;

outstanding

Notes and accounts
receivable (less, reserve)—
Refundable Fed. income and
excess profit taxes
Inventories

1

American

share

one

specified

exchanged for

preferred

(2)

common;

share

common,

'

Reinsurance

Corp.

preferred and common
convertible preferred stock

American

General

*

preferred.

of

be

of

Equity

series

$3

one

share

one

could

The

and

dividend

$2

outstanding

dividend preferred stock.
Under the Equity offer,

of

year

ASSETS—

registration statements filed Sept. 8 with the SEC, Aemrican
General-Corp. proposes to offer stock of General Reinsurance Corp.,
together with shares of its own common stock, in exchange for its
outstanding $3 dividend series, $2.50 dividend series, and $2 dividend
convertible

the

Apollo

to

of

CONDENSED
Cash

In

General

per

.

Filed—'

preferred

shares

Earnings

Equity Corp.
Stock—Registration Statements

of

the

charged

bookkeeping,
on

tOther

40,313,920
1,634,748

transferred to capital stock account

Surplus at end

American General Corp.—Company and

American

The
Phoenix

Report

7,463,336

paid

Common

Exchanges

of

the

thus

proportion

Gross

12,041,752
53,812,260

Treasury stock restored to unissued basis

;

.

suspend

had

March

at

1,299,338

year

Capital surp: transf'd to
Dividends

to

it

proved

ending

23,445,205

etc

water

series

made

20,804,426

profit

Earn, surp,

deductions

exchange

steel

inventory

included

19,227,939
$4.29

21,072,695
S4.70

1,072,233

transactions

9

conservative

its

effect

date,

debentures

be

942,513

Surplus at beginning of

Drl20,066

Consol. system earnings per share of com. stock

Propose

in

a

under

1,462,172

operations

the

Total

stk.

com.

expenses

Total income
u
Interest paid, provision ior bad
debts,
Provision for taxes on income
Net

Drl20,066

periods

Minority inter, in profit
_„—■

Operating income

y; >%■/:/; //

____

the

the

19,861,913

revenues

Other income

Adjust, consol. system
earns,

of

into

due

24,965,781
2,689,590

selling, administrative and general

by

company

for

—

527,053

of

to

divs.

as

45,374

on

inc.

expected

.received

./•

earns.'

system

for common stock—

,

finance

As

277,053.717 307,926,734
252,087,936 284.481,529

______—„

-

39,344

misc.

ac¬

1949

—

products

Total
*

42,955

Int.

&

will

same

Subs.)—Ann.

Expenses & deductions
Expenses and taxes.—

statements

Sept.

}■;

Operating

$

sales

Cost

complete

"

York, trustee, 140 Broadway, New York, N.Y.

redemption on the
sinking fund, $2,917,000 of 25-year 3%

the

to

Co.

30.

Federal

1,809,960

Apollo Steel

Exchange threatened on
on
Sept. 16 unless Atlas

Period End. June 30—

Co.—Partial Redemptions—

Years Ended June 30—

Balance

subs.

of

stock

seeking

was

977,

p.

V
''
-

income

have

account

of

income..

Atlas

Interest

Total inc. & undistrib.
net

170,

14,927,413
20,824,031
106,330,273 100,615,813

78,120

66,090

Atlantic City Elec.Co.

•

40,394

Archer-Daniels-Midland Co.

____

Miscellaneous

2,320,029

Oct.
15, 1969 at 103 and interest.
Payment
the Guaranty Trust of New York.—V.
170, p, 298.

and

advances—notes
Divs. on com. stock

1,893,976
*1,579,141

due

Z)r66,667

"

pfd. stocks—

on

Interest

15,464,634

12,917,037

2,293,000

years.—'

prior

15,

for

rec'd out of earns,

common

2,049,325

the

There

on

June

little

18,417,846 127,927,769 133,185,955
13,569,102
97,007,824
92,383,021
2,528,715 ; 15,992,532
19,978,903

13,388.196

income

Guaranty Trust Co.

Co.

Divs.

in

Phoneix

Stock

Sept! 10, said that financial
Exchange and
stockholders
were

on

Stock

company

explained, members
both the cost and

462,806

been called .for
redemption on Oct.- 15, next* for
sinking fund, $3,237,000 of 20-year 3% debentures
1962, at 101V2 and interest.
Payment will be made at

of

Co.):

Divs.

554,801

York

earnings

;

have

count

5,157,059

9,997,601

Gas

Electric

(Parent

222,644 Drl,019,129

1

trading
lished

the

liquidated

New

President,

York

New

Atlantic Gulf & West Indies

consoi.:

of

and

61,714

17,331,497

American Tobacco

consolidated—..

year.

1949—7 M06.-^l948

.

charges—

"Deficit.—V.

Undistributed net inc. of
subs

operating

after

5,157,059

9,997,601

Electric

subs,

&

24,-

the

business

15,398,017

222,644 Drl,019,129

&

of

last

18,479,560 128,482,570 133,648,761

73,366

rev._

20,555,075

consol

Gas

of

the

The

tomers
oper.

______

Net
of

week

Co.—Earnings-

1949—Month—1948

Operating revenues—
Operating expenses—
Operating taxes

by

stocks

increase

an

:

revenues—17,404,863

.

Uncollectible

Undistributed net inc.

Amer.

243,669,000 kwh.,
the corresponding

12,068,612

Co.)_

common

to

over

Period End. July 31—

com.

(owned

Bowles,

because

To

32,623,687

______

H.

to

31,124,402

259,798
1,239,487

——

earned

stocks

or

977.

p.

Operating

Bal.

Sept. 8. 1949, the System Inputs of subsidiaries

American Telephone & Telegraph

Gross income
Total deductions

ended

company

634,000

&

gas

water

(net)
income

33,766,567

2,134,029

Drl23

Transportation,

of

12,489,205

987,946

Explains Delay in Issuing Earnings Statement—
Sherman

reports
with

American Power & Light Co.—Weekly Input—
For

13,425,657

1,030,749

1,137,023

tax

taxes

Monday, September 19, 1949

delayed

,

11,439,241 151,334, 917 136,432,519

988,482
-

&" FINANCIAL ) CHRONICLE

'American Overseas Airlines, Inc.—New Contract for
Sale—See Pan American Airways Corp. below.—V.
170,
p. 485.
;
*
<

1949— ■12 Mos.—''1948

62.962, 761

__

Depreciation

Other

(&

4,583,759

Maintenance
Federal

s

11,713,287

revenues

Operation

Other

Co.

1949—Month—41948

Consol.:

COMMERCIAL

the

new

will

be

the

preferred.

made

justment

construction

of" 99.1,7%

Boston,

and

on

a

plus

redemption

of

will
The

price

price of the new.—V.

for

cash

of

outstanding common. Eastern Utilities
its preemptwe rights to subscribe to

offer

exchange

share
a

program.

the

waive

with

preferred

share

basis,

subject

payment

equal

to

the

170, p.

old

973

preferred

"

the

and

to

a

stockholders1
dividend

difference
the

public

ad¬

between*

offering

Bond

Stores, Inc.—August

Period End. Aug. 31—

Sales

170,

'

686.

p.

.

.

SUBSIDIARY

FOREIGN

Charges

to

services

customers

rendered

Miscellaneous

products

for

sold

and
28,859

$8,424,974
l'
14,905

$10,786,013

$8,439,879

8,081,710

6,487,335

1,101,000

896,000

$1,603,303

$1,056,544

295,000

790,403

$10,757,154

——

income

__———__—__—___

etc.—John

Burroughs Adding Machine Co.—Earnings,

1948

-1949

(1079)

Canadian Breweries

S. Coleman, President, said in part:
Although total income from domestic sales and service activities was
up during the first
marked increases in

The

profits

1949,

of

schedules

to

requiring
The

permitting
level

a

to

due

undertaken

with

commensurate

Net

backlog

substantially

was

in

1947,
with

Export operations, while high in dollar volume during the first half
1949, comprised a lower percentage of the company's total business
than
before the
war.
as
a
result of increasing trade
and currency

of

restrictions

in

marketing

important

many

of .the

result

Balance

a

months

this

of

than

half

second

level

unfilled

than in

orders

half

period, more than
liveries
The

capital:

improvement

Amounts

less

est.

Expenses

order

achieve

to

the
de¬

an

six
22%

order

capital

objectives,

to counteract this trend,, in
volume of export shipments

United

the

and,

States

at

the

time,

same

adequate service to the company's customers abroad.
taken

orders

New

in

during

the

first

months

six

of

this

were

year

period in 1948; in dollar value,
however, these orders were below the corresponding period a year ago,
largely because current unsettled business conditions have retarded
customers'
expenditures
for
some
of
the
company's
higher-priced
equipment.
higher

in

The

marketing

well-under
of

than

units

for

the

Bell

Howell

&

microfilm

full operation

reach

not

Working
-Cost

for

Plans

schedule,

and

other

volume

until

in

enue

these

the

increased

activities

second

expenses

half

NOTES—Sales

be

1949,

In

the

British,

ACCOUNT

customers

to

will

COMPANY

Canadian

1949

1948

income from operations of parent co. $45,744,636 $44,501,51.9
manufacturing products sold and ren¬
dering services
24,627,040
23,215,696
Social security, state and local taxes.
1,118,506
998,382

of

ties

and exhaustion of facili¬

(depreciation).:

Rent

.———

1

.

California

paid for use of sales offices & other facil.
conduct¬

Prov.

business
exps.
to be

the
for

of

products

new

Estimated

—

incurred

in

552,602
11,236,476

10,353,076

the latter part of 1949
the period's income,..

600,000
3,488,000

$4,361,317

operating
Net

operations

received

from

subsidiary
countries

$5,548,238

295,000

income

Dividends

paid
of

Balance
of

Income

prior

$6,338,641
1,496,850

1,997,996

.

invested in

income

$2,658,321

business

invested

in business——

business

years
in

since

20,695,325

—

1

11,855,834

$23,353,646 $16,697,625
$0.93
$1.27

(PARENT

30

U.

Govt,

S.
less

est.

Inventories

and

(at

securs.

amounts

and

filled

orders

(other than

in

Invests,

in

paid

expenses

Depreciation

advances

and

to

sub.

cos.

Gross

income

170,-p.

1,457,126

$63,491,103 $55, 587,644

Total

LIABILITIES—

Unpaid bills for materials and services, incl. in
1949 a provis. of $600,000 for exps. to be in¬
curred in the introduction of new products

$1,034,114

$625,701

sales

tributing

admin,

delivered

be

in

of guaranteed

Income

invested

in

the

4,320,129
383,667

25,000.000

25.000,000

company-——

Dr60,743

16,697,625

business—
———

Jan.

and

15,
1969, $5,000,000; reserves
deposits—U. S. A., $386,166; re¬

disposal

equipment

of

in connection

approved

sale

the

stock

of

control

the

in

company

syndicate

cleared

the

SEC

American

North

the transaction

approved

the

of

sale

involved

ICC

The

stock

the

r

said

control

it

found

of

two

the

wholly-owned subsidiaries of Capital

applicants

Carman &

Co., Inc.

(&

able

financially

company and felt the transaction should
basis of non-residence.—V. 170, p. 784.

the

not

to

turned

be

operate
down

on

Subs.)—Earnings—

6 Months Ended June 30—

;

1949

1948

1947

"$90,917

$149,975

$240,703

AAAaAAA

29,219

25,234

23,316

Balance after preferred dividends
Common
shares
outstanding—
Earnings per common share—

$61,698

$124,741
346,628

$217,387

$0.36

$2.51

profit
Preferred dividends

—

447,019

$664,243
152,903

p.

$511,340

providing

flood

for

2415.

6

loss

346,628
$0.18

bb,657

$27,000.- -V.

approximately

of

169,

;

15,045,072

11,730,719

Corp.—Earnings—

1949

dividends

1947.

1948

$118,389

1946

$35,646

$97,843

$81,099

2,000

6,790

4,500

2,389

$120,389

$104,633

$90,146

$83,489

19,725

17,531

17,255

3,298

3,318

5,452

_

1946

1947

16,773,245

Securities

Mos. End. June 30-—

Interest

Total

13,646,599

Gen.

10,250,298

$2,089,849

$2,345,129

(net)

__

49,954

59,046

$2,422,895
Crl27,755

Int.

$2,357,641
Cr50,824

income

taxes-

504,256

606,207

721,215

income

admin,

&

other

on

265,342

257,308

277,431

145,427

$1,270297

$1,422,568

$1,552,004

$1,365,188

$0.58

$0.66

$0.73

t$1.90

expenses

than

notes

-

323

inc.

tax.

2,700

2,300

$80,997

$65,139

5,038

87

2,400

payable

Fed.

for

15,666

;

Fed.

income

on

1,800

5.

732,157

income

Extraord.
items

165,694

Net

excess

taxes

ment

income

inc.

per

—

com.

adjusted

share

effect

basis giving

to. the

stock split in July,

accounts

net

income

of

are

included

in

the
the

company's
above

169,

P.

at June

30,

1947 and

At June

30,

market

1949 and

in 1946.

$49,997

1949

the

prices

of

total

$24.58

or

$23.09. per

per

Cash

Accrued

dividends

Prepaid

for

depreciation——A-

161,000

Note

"A 111,000

278,000

925,000

$577,000

$420,000

based

$4,830,935,

1*

interest

Dec. 31,'48

$21,032
V

$18,189

54,665

246,665

.

2,000

;

receivable

5,658

~

9~022

876

2,304

4,309,278

4,042,742

$4,393,509

-^AAA..-^

payable

to

$4,318,923

bank

$75,000

convertible

Capital

preference

stock

Common

($1

Common

July 15,

Total
—V.

.

—in¬

1,005

7,096

$10)

2,000,000

2,000,000

915,736

915,736
2,218.001

592,261

510,476

stock

(stated

value

par)——

income

net

—

from dividends & int.

(606,034

<3,450 shares)

p.

68,180
5,468

Dr46,172

—

Drl,481,034 Drl,481,034

shares)—

AAv.—.A

169,

2,400

(at cost):

Convertible preference

1949, leaving net bonded indebtedness of $2,700,000 at Aug. 12, 1949.
The total number of employees is presently 1,795, a decrease of 165
"nr "C
1*4C
"
v.'v.,.
"

$120,284

surplus

Undistributed

$375,000

purchases
AAA
income—.

2,279,030

payable—security

Stock in treasury

profit

was

LIABILITIES—

1947

202.000

SHEET

—^

Total

$1,911,000

385,000

corporation,

date

expenses

and

Inye.stine.nts —'

Canada Wire & Cable Co., Ltd.—Earnings—
1948

of

June 30,'49

federal taxes on
Other'.accrued taxes—A—

$859,000

that

BALANCE

„

Accounts

1949

assets

on

-on

,

1948.

$1,164,000

the

owned

deposit and on hand.
Accounts receivable—Security sales
Other
—A
'

2415.

operations——

of

$60,985

taxable capital gains in state¬
(hone in 1949) $11,400 in 1948,
A A
;'

share of preference stock, compared with
share of preference stock, at Dec. 31, 1948.

Estimated

from

value

securities

to

to

of

ASSETS—

includes provision for depreciation of buildings,
machinery, equipment, etc., in the respective amounts of $876,519 and
$566,343 for the nine months ended June 30, 1949 and 1943.
There were issued 1.903,048 shares of $1.66%
par value common
stock as of June 30, 1949 and 1948.
There were held in the treasury
2,400 shares of $1.66% par value common stock as of June 30,. 1949
and 1948.
There were issued and outstanding, 50,072 shares of $4.25

(convertible)

$78,841
allocated
amount

COMPARATIVE

ap¬

summary

preferred stock

period—

subsidiary,

amounted to

and 21% of the consolidated net income for the nine
months ended June 30, 1949 and 1948, respectively.

cumulative

for

deducting portion
capital surplus in

$4,619,157,

Canadian

summary,

proximately 31%
above

-

15,801

equivalent

1946, these earnings per share are equivalent to $0.63.
NOTES—The

inc.

of

$12,943 in
-

upon

3-for-l

non-recurring
——

"After

—

Serial debentures of $150.00n matured and were redeemed on

$63,491,103 $55,587,044
-3 9ln shares in 1949 and 9,350 shares in 1948.
tAfter depreciation
of $11,401,130 in 1949 and $10,956,098 in 1948
Total

also

$1,111,262

deduct.

Federal

Net

serial

Transit—Montgomery Bus Lines, Inc., and the Glen Echo Park Co.

Drl45.255

23,353,646

$4,762,305;

to public interest for the Wolfson group to control Wash¬
ington's transportation system, since none of the syndicate lives in
Washington nor has any previous experience in this field.
The sale

subsidiaries)

18,383,651

15,698,275

Six Months Ended June 30—

on machines sold
shs. auth. & issued

the future———.—
serv.

has

from

taxes

Provision for income taxes

to

cost

due

container

demolition

on

approving

Taxes

Provision

ices

Nonpar val. stock, 5.000,000
"Cost of shares held by the

liabilities,

$2,817,366; 3l/4%

Co., New York, for $2,189,160.
■'
on Aug.
25.
45.61% of the Capital Transit stock, the
ICC
ignored recommendations of its examine;*, Vernon Baker, who
urged that the transaction be turned down.
He argued it would be

$35,773,852 $30,926,859 $26,254,538

18,794,425

expenses.

operating

Profit

total,

$3,514,235;

headed by L. E. Wolfson of Jacksonville.
the way for Mr. Wolfson's group to complete
purchase of 109,458 shares of Capital Transit's ($100 par) capital

In

general

and

other taxes
for products and serv¬

.4,289,597
431,335

accrued

and

payments thereon),

debentures

customers'

approval

The

66,886

1948

1949

1,022,335

Est.

ICC

"After

$36,582,549

—

Cost of goods sold
Advertising, selling, dis¬

—V.

off),

written

expansion

Florida

stock

less

Owing for social secur., property &

the

$1,044,375

225,954

wholly-owned

9 Mos. End. June 30—

948,997

Payments by customers

•
"

Ginger Ale, Inc.—Earnings—

5,262.167

Govt.,

and

customers,

784.

2,404,139

employees—

S.

437,218

stock

5,101,359

owing to

taxes owing to U.

fund
of

Net

3,409,934

commissions

and

income

a

This

280,589

12,484

$1,500,000 U. S. Treas. tax notes in 1949—

Estim.

plant

Capital Transit Co.—Sale Approved—
The

to

458,634

460,277

(Including

The

of

hands

bonds at 99.625 and interest to yield 2.90%. The
bonds, dated Sept. 15, 1949, and due Sept. 15, 1969, are
guaranteed unconditionally by the Government of Can¬
ada as to both principal and interest.—V. 170, p. 491. -

20,863,553

571,299

payable

(less

Central-Illinois

whose

in

in

Income—

profits

refund of prior

S. income taxes of $1,033,906)

income)

$572,800

and

3,335,948

buiidings,

$11,982,158), $33,100,125;

or

2%%

335,134

$798,754

Canada Dry

ton

of

hand

(on

,(less;..:amounts

;

accrued

loss

the

2,404,601

profits tax

135,406

for depreciation

subsidiaries

profits
tax
due
companies
(at
cost),

excess

land.

Canadian National Ry.—Bonds Offered—A Canadian
banking syndicate headed by Dominion Securities Corp.
on
Aug. 31 offered in the Canadian market $70,000,000

$4,960,600

369,460
579,330,

-Balance

Net

of

allied

contrary

2,785,041

—

preferred

on

inc.

stock

Wages

.i

1943

1949
$5,794,207

502,427

Dividends

Net

in

$521,839;

of United States subsidiary,
$150,000; minority
subsidiary company, $1,196,523; common stock of no par
value (issue 2,200,000 shares), $20,451,123; 'capital surplus, $1,726,565;
distributable surplus, $13,261,727; total, $63,001,775.—V. 169, p. 1447.

170, p. 979.

expenses—,

for

interest

Co.—Earnings—

Deductions

exc.

125,553

year's U.

Service

taxes

sinking

1949

$1,301,180

Federal

171,909

1948 est,

August,

before

Foreign

2,545,164
14,319,424

(incl. in

of

$1,288,696

8,729,423

operating

purch. of and secur. by shs. of co.

month

profit

487,350

18,514,187

Other assets

the

Non-operating income-

8,341,765

1.081,489

U.

portion

investments

charges,

subsidiaries

refund

with

$8,446,847

311,403

Net

foreign countries (at cost less reserve)—
buildings and equipment——.——
Interest-bearing loans to certain employees for

in

tLand,
the

for

tax

Income

23,982,976

of

for

1948

1S49

—————

income

1948

216,545

advance..

refundable

$700,469;

deferred

due

serves

12 Mos. End. Aug. 31
$9,679,209

Federal

$5,847,742
482,764

184,840

—

$2.13

1949

cost, less depreciation), $596,280; sundry properties and investments
reserves),
$1,017,088; premium paid on purchase of shares of

'Prov.

paid in advance on un¬

—_—

$542,154;

4%,

Co.—Earnings—
1948

COMPANY)

others,

may

partly finished products

Salesmen's commissions

Other

customers

not be collected
materials
and
finished

purch.

of

value)

market

approx.

which

31,

1949-1950, $600,000; 3% and 314% notes payable to banks
due 1949-1956, $3,650,000; 3%
serial debentures due 1950-1954, $2,500,000; 3%%
sinking fund'.debentures due March 1, 1967, $6*500,000;

1949—8 Mos—1948

—

—

1949

receivable from

Amounts

JULY

AT

AS

on
hand
in
and
banks, $2,546,847; investments in
at
cost, $61,090; accounts and bills receivable,
.doubtful accounts, $2,935,454;
income and excess
refundable, $925,011;
inventories,
$10,855,926; prepaid

taxes

income

company

July 31—

$7,684,284

ASSETS—
Cash

$2.12

$1.01

SHEET

for

S.

notes

and net income of the
stated at official rates of

$5,702,941

Operating and adminstration

and
JUNE

BALANCE SHEET

$0.96

LIABILITIES—Accounts

assets

net

Operating revenue
Maintenance

—V.

$4,670,419

$63,001,775.

subsidiary companies operating in
stated substantially at their dollar

the

of 1.613 cents per kilowatt-hour—V.

$4,841,791

inception

of company

Earnings per share

of

arc

Power

revenues

12 Months Ended

Net

invested

Income

in

operating

companies

subsidiary

$6,427,982

California Water

;

$4,675,497

securities

1950,

brewing

1949, increased 27.16% over those for the previous
and averaged 4514.57 kilowatt-hours per customer, at an aver¬

age cost

790,403

Dr43,708

$2,225,975

reserves

at

$6,359,141

31,

companies

$4,656,317

foreign

in

$9,942,178

1949—Month—1948

Oregon

operating

Balance

2,652,000

3,158,000

EALANCE

equipment (after

$12,554,970 $14,899,451 $79,463,145 $100,555,859

revenues—

Aug.

Taxes

1,748,753

3,176,000
Crl96,170

share-

com.

$5,685,257;

$703,227 in 19.48/

amounted
$802,596, an increase of 8.87% over those of August, 1948."
Kilowatt-hour sales to residential customers during the 12 months

Net

from

Income

Dividends

72,524

1949

oper.

Gross

introduction

in

taxes on

U. S.

106,902

8 Mos. End. Aug. 31

452,f 17
446,110

Other costs of marketing products and

ing

284,551

686.

p.

Period—

to

2,804,561

Dr38,534

$2,118,406

reserve

after

$6,002,066

657,281

1949 and

the French

1949,

—

170,

Federal

596,695

per

profits

Brothers—August Sales Decline—

Sales

46,563

88,222

wear

$9,177,995

——'

companies are

and Swiss

at June 30,

Butler

$45,656,414 $44,454,956

income

Estimated cost of

to

statements

Period End. Aug. 31—

period,

Total

Cost

4,707,927

and

sold

rendered

Miscellaneous

less

at the export rate of
264 francs to the dollar, and the other companies at free rates of
exchange prevailing at Jurte 30, 1949. The adjustment arising from
the conversion of foreign accounts into U. s. dollars, amounting to
$41,900, was charged to expenses.—V. 170, p. 880.

equipment is
part

to produce much rev¬
contribute materially to

PARENT

OP

products

for

combined

exchange

—V.

700,941

1,480,200

ASSETS—Cash

386,268

the

and

foreign countries, inventories
cost;
Except for inventories,

expected

they

943,309

1,471,500

profits

Earns,

resulting profit are not included in the
operations of the parent company until the products are sold by the
subsidiary companies to their customers.
The amount of the parent
company's profits on such uncompleted sales has been deducted in the
accounts of the parent company as "a reserve from the amounts owing
by the subsidiaries.

Gross

Six Months Ended June 30—

services

*

5,034,808

co.

parent company—

products

of

countries

ending

Charges

par.

'-Vr.i 228,184

(less

foreign

during that period.

INCOME

to

depreciation of $743,164 in

new

cannot

of

2,423,267

$10,709,993

—

assets owned by

Net

the early

begin in the first quarter of 1950.

Although

owing

601,134

$4,879,165 $11,240,273 $10,468,668
780,385
847,788
433,515

Cr66,430

4,035,713

289,207

amts.

138,701

taxes-

CONSOLIDATED

capital
—
buildings and equipment (net)

of land,

"After

Burroughs products are proceeding
deliveries on the first of these will probably

introducing

2,863,190

$14,212,803

excl.

$9,867,534

477,983

861,983

advance.

Other'- assets———————

nexiTyear.

on

liabs.,

$11,101,572

Minority interest

same

for

program

but will

way,

in

income

Net

assets

12,619,888

$4,401,182

depreciation—

for

expenses,

the

is

the

plants

Burroughs

the

for

being made
highest possible

effort

every

continue

of

paid

for

others,

not be collectedmaterials and fin-

23,022,032

15,360,679

$4,694,969

—

Prov.

97,814

21,957,612

4,836,226

$4,602,867

oper.-

deductions

Income

$3,002,762

9,043,612

6,098,817

A—.iA '

marketable

years was

months

31%

maintain

to

from

of

average

However,

to

first

the

approximately

with

&

may

purchased

8,094,315

—

containers

of 1949, foreign operations accounted
company's total business, as compared
years 1935-1939.
There are indica¬
tions that import and currency restrictions will tend to reduce foreign
shipments even further during the last half of the year.

During

for

of

$18,795,999 $18,281,020 $48,419,863 $45,509,454

income

%

1948

20,576,484

&

Prov.

customers

from

from

Total,

restrictions.

expenditures totaling
approximately $13,000,000 were made in 1947, 1948 and the first half
of 1949 for normal replacement, and for modernizing, improving and
expanding all phases of the company's operations.
these

-

$5,054,621

which

amts.

Current

highlights of the company's activi¬
';

trade and currency

COUNTRIES

(at appr. market value)

securs.

receivable

Inventories

reduced and in view
in

expansion program of the past 2y2

and

FOREIGN

5,907,971

the books at the close of
orders from foreign countries where

were

IN

-

20,524,085

8,047,850

92,102

expenses

Other

1949—9 Mos.—1948

*''

8,342,296

—

admin,

OF SUBSIDIARY

'"1

•

—

Balance

$2,529,058

$5,065,991

JUNE 30

—

Foreign govt,

on

pvoiqp

Cost of goods sold
Selling, delivery, gen'l

...

Cash

designed primarily to modernize t,he company's facilities and put it in
the strongest possible position to meet competitive marketing conditions.
In

3,757,688

co.

1949

1949.

remaining

largely by

governed

are

in divs. to par.

OPERATING

COMPANIES

Working

operations,

a

cplpc

taxes

$266,141
2,2d2,917

$1,308,303

—___

Inc. not pd. in divs. to par. co. at end of per.

Current

the

•

STATEMENT OP FINANCIAL CONDITION

lower volume of business
the first six months of this year.
is for

during the first six months of

Of

—»

1949—3 Mos.—1948

$27,138,295 $26,328,870 $68,943,948 $66,085,938

—

Profits

abroad.

areas

of

with backlog materially

These developments constitute the
ties

!

time last year.

same

generally,

1949

cf

high

the

at

outlook,

conditions

business

the

continued

year

immediate

The
of

income—

net

of prior yrs. not pd.

Income

made possible
by the investment of a large amount of profits in 1947 and 1948, the
company was in better financial condition at the end of the first six
As

for the period
paid to parent company

finv't.

of improving and expanding the company's operations,

1949

and

income

Dividends

/

__

sales

Net

of

was
virtually completed during the first six
resulting improvements in both working condi¬
manufacturing efficiency.

of

expenses
—A———
Estimated taxes on the period's income

accelerated production
existing sales volume and

adjustment

reduction in work force of approximately 3,100 employees.

a

program

months

the

down

were

Costs and

-v/

expenses.

task of filling the company's postwar

accomplished,

tions

months

six

some

—^

-

Ltd.—Quarterly Report—

Period End. July 31—

,

Total

3

Three dividends of $1 per share have been paid this year on the
class "A" stock, the last one on Sept. 15 to holders of record Aug. 31.
Similarly, three dividends of 50 cents per share on the class "B" stock
have been paid.—V. 168, p. 939.

OPERATING

COMPANIES

COUNTRIES'

Six Months Ended June 30— 7."*

t

CHRONICLE

FINANCIAL

&

OPERATIONS OP
IN

1949—8 Mos.—1948
$3,951,076 $49,005,140 $46,649,331

$3,466,856

'

;

COMMERCIAL

COMBINED

Sales Decrease—

1949—Month—1948

——

—V.

THE

Number 4839

Volume 170

$4,393,509

$4,318,923

1331.
Herbert

D.

Seibert,

statistical

issue

Editor
on

and PublisherMonaayJ.
Other

William B. Dana Company.
Reentered
Possessions, Territories and Members of Pan •
by

American
■OTE-

Union.

On

$35 00

account




per

vear:

in

Dominion of Canada.

of the fluctuations

S38.00 per year.

Other Countries, $42.00 per year.

in the rates of exchange, remittance for foreign bUbscrlptlons

,

.

and advertisements must be made in New York funds.

4

(1080)

THE

COMMERCIAL

&

FINANCIAL CHRONICLE

Monday, September 19, 1949

w

Central
<*'

A

mental

States Electric Corp.—Hearing Postponed—

offering,

if circumstances

for

warrant,

90

period not exceeding

a

days from Sept. 13, 1949.
4
'V;
"■■■■■■')
The extension applies only to the supplemental offering.
offering is not included in the extension.—V. 169, P. 2417.

before Judge Sterling Hutcheson in the U. S. District
Kkhmond, Va., on the reorganization of the corporation has
been postponed from Sept, 14 to Oct. 14,
The hearing will consider a number of plans for reorganization of
the company, which has been in reorganization since 1942 under the
Federal Bankruptcy Act.—-V. 170, p. 881,
hearing

Court at

Sales

Dan

River Mills,

Inc.—Earnings Lower—

Common

:

1949

1948

Net sales of cloth,
Other income

Freight

revenue%i**+i--r~^»*-*~--—$72,449,149 $74,892,687
revenue
10,580,081
10,728,669
revenue
6,517,621
7,125,538

etc

yarn,

July 4, *48

W.

Other

Total

—-——

_

<

;

revenue

tldilway operating

expenses

mJ.

D.

Farrington,

'•Included

in

.m,,

■„,,,■■■■

,

>/■

income

Materials

award

8,814,724

6,232,160

State, local and miscellaneous taxes

$3.41

$3.29

week,

______

Federal

est.

taxes

for the

expenses

six

months

June

wages

United

effective Sept.

1949.

1,

The

actual

result

is

20%

a

Net

30,

Dividends

per

1,312,500

$8,229,463
*
112,500
750,000

$0.91

portion

$5.41

—_

of inventories not valued

in

increase

:

share———

common

last-in

on

determine

the

how

terms of

this

award

be applied with the least

may

(disturbance to present operation and at minimum cost.
"Carloadings for the first six months of this year, compared
the

period of

same

have been

1948,

"loaded

Cars

"received

t1. Total

all

"While

situation

is

■■

to

the

to

accomplish

our

tions

their

a

601,064

year

in

a

AT

JULY

3,

1949

plants.

property is excellent.

of

additions

with

During
improvements

and

satisfactory results,

32

Additional elevator facilities have

provide storage for 9,500,000 bushels

of

built

been

"The Interstate Commerce Commission

In

Ex

has

released

nent

their final order

in

increases

approximating

currently

shows

—V.

in

increased

170,

effect.

revenues

(for Western

roads)

3.7%

above

interim

Our estimate of the effect of this
to Rock Island of about $4,000,000
per

order

year."

979.

p.

Childs Co.—August

Sales Declined—

*

'

Period End. Aug. 31—
Sales-

1949—Month—1948

$1,670,411

——

1949—8 Mos.—1948

170,

$3,813

$16,347

$327,548

$203,351

8,323,621

passengers

250,000
for

9,916,201

64,718,239

Aug. 30 filed

shares

($1

letter of

a

par)

common

50,000

and

company

shares

Commonwealth Edison

notification

stock,
for

of

N.

which

with

the

200,000

SEC

will

be

O.

Co.—Weekly Output—

1.0%

a

decrease

from

the

Sept.

1949

10———
3
27—.

of

the

a

1949.

cents

Payments In 1948
each; Oct. 1, 50 cents;

209,852,000

Vice-President,

Shares

—

for

Dry

—1.4

228,102,000

219,963,000

weekly

territory

served

251,427

1948,

kilowatt

as

an

hour

output

adjusted
the

for

to

ended

week

with

compared

Corp.—Weekly Output—

of

show

Sept.

298,773,788

increase of 8,477,639

or

electric

energy of subsidiaries
business conditions of

general

1949,

8,

for

the

amounted

corresponding

to

307,-

week

in

2.84%.

B.

Newton,

The

-

on

U.

the

chase

plan

S.

on

by

warrants

from

Plan Sept. 19—

Circuit

motion

going

Court

of

Appeals has

set Sept. 19 for a
hearing
Knight, owner of common stock pur¬
Commonwealth to stop the
company's dissolution

Adelaide

of

Into

H.

effect

Oct.

1.—V.

170,

p.

$119,854

$337,628

84,800

profit

59,800

amortization

33,000
$35,054

$244,828

86,000

milled

75,400

*$50,946

980.

period.

Tons

ore

milled

v,';:

Net income

from metals produced—
Development and operating costs—

34,775
T$329,307
268,627

1948

<

30,760
$284,867
258,069

1947

V

Ore breaking

during*this

the

in

Monitor

.1:,'

•

ACCOUNT

and

Sunset

Lease

properties

was

' .9

FOR

SIX

MONTHS

sales

_____

—_—

<

$60,680

and

operating

6,373,626

5,261,313

$1,582,888
31,749

1

bank

on

77,145

—

$870,455

—2,780

Provision

for

J—_

—

$63,460

taxes

Earnings

242,000

$1.46

$2.68

NOTE—In

1948 the company acquired
approximately 21% of the
outstanding capital stock of the Sloan & Zook
Co., a producing com¬
having substantial producing and undeveloped acreage In
Kansas,
Oklahoma, Texas, New York, and Pennsylvania.
The
cost of
this
stock aggregated $2,261,107.
As of Feb. 1, 1949, the Sloan & Zook Co.
was
dissolved, and The Derby Oil Co, received 21% of the
liquid assets
and direct title in the same
percentage to all of the fixed assets of
the Sloan & Zook Co.
An independent appraisal was
made of the fixed
thus

h

DrlO.OOO

i v-r;

%.

va+v;v;-'

—

Profit before write-offs...

Capital

expenditures

•Loss,

tlncluding

3,815

»309
$27 078

J9r2,120
-

$53,460
estimated

$31,613

$24 958

2,188

—___—

$33,464

——

2,406

'447

cost

assistance.—V.

170,

p,

3.

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

Company
for the

pared

decrease

a

on Sept.

14,

announced

that local distribution
of electricitv
ended Sept. 11, 1949, amounted
to 186,600,000 kwh
com¬
187,600,000 kwh. for the

week

with

Local

corresponding week of last

of

0.6%.
distribution of

cubic feet,

compared

the preceding

year,

gas

In the

same

week

amounted to

with

an

year

J

*

803,100 000

731,200,00 cubic feet in the same
increase of 9.8%.—V.
170, p. 980,

week

of

"

Cornucopia

Gold

Mines—Extends

mentary Offering—

Time

for

e

a
35-day extension of the expiration date
supplemental offering to holders of the
company's common
capital stock wherein holders have rights to
subscribe for as many
of 191,500
initially offered shares as are not subscribed for
under the
initial offering.

the

The

the

on

assets,
the

of

and

books

plus

the
&

Sloan

included

in

35-day extension commencing on Sept.
13, 1949, will be
additional extensions of the expiration date
for the

lowed by




fol¬

supple¬

the

of

$1,032,955;
cured

values

shown

by

the

appraisal were
appraised value of the

the' company.
The
assets received, exceeded

liquid

Zook

other

stock

inventories,

by

the amount

of

the

$46,076,

company's
which has

income.

BALANCE

SHEET,

and

on

JUNE

Hand,

$2,077,403;

30,

note

accounts receivable,
receivable from officer
(se¬

charges, $46,186;

total,

Woven

Land

399,842
1,307,166

904,020

776,985

share

$3.34

$4.85

common

BALANCE

SHEET,

payment

Diamond Match Co.
6 Mos. End. June 30—

of

1949

income

curity

taxes
and

1948

1947

1946

$5,095,473

$2,383,442

$2,422,917

160,022

95,368

2,297,543

1,159,516

$2,295,062

$1,199,765
450,000
525,000
700,000

450,000

450,000

642,045

M,070,075
856,060

700.000

856,060

share.

$1.61

•After regular

V

$2.15

714,396

market):

supplies.

339,970

210,458

189,491

plant and

equipment

3,295,180

7,468,670

6,572,727

45,984

(net)__

195,677

3,620,538

(net)

39,414

or less)

and notes

payable within
payable—

and

wages

Provision

Other

for

other

$25,081,211 $23,896,709

estimated

taxes—.,
payable

3%%

one

$500,000

1,075,344

income

on

♦

—

982,359

2,288,723
170,432

3,117,542

226,005

taxes

917,380

194,246
5,000,000

.

note

148,001

5,000,000

subsidiaries:

serial

'"

600,000

stock—_

and

f

900,000

200,000

200.00Q

2,260,050

1,942,462
2,821,294
6,818,540

interest

stock

904,020

*

preferred

1

r

•

bonds

cumulative

596,921

of

no

value

par

776,985

Capital surplus

(outstanding
respectively

shares,

4,203,011

,

surplus

8,272,944

Total
—V.

$100,006

442,666

year.

compensation

accrued

Dividend

$25,081,211 $23,896,709

170, p. 396.

Duquesne Light Co.—Earnings—
Period End. June 30—

Operating

1949—6 Mos.—1948

revenues

Maintenance

Approp.

to

Amortiz.

retire,

res.

2,892,991

clec.
plant
adjustments

125,340

income

State

income

Other

tax

tax

305,000

5,264,224

income

2,615,049

2,459,600

$12,100,946

13,560

12,200

1,014,696

1st pfd.

cum.

250,810

1,248,412T

$4,436,050 $10,703,623
687,500
1,375,000
4,305,656
8,288,388

687,500

Common stock

520,500

$5,656,540 $12,862,476 $13,349,361
1,220,490
2,153,853
3,586,148

$5,067,071

—

3,763,759,

591,000

1,239,709

$6,081,768

Total income deductions

250,719*

3,645,000

$5,644,340 $12,611,667

$6,068,207

income

250,679

280,500

1,345,320

Net oper. revenue
Total other income

—V.

5,742,466

125,140'
2,305,000

2,270.000

taxes

Gross

2,743,657

of

acquis,
Federal

1949—12 Mos.—1948

$28,929,914 $27,436,569 $57,424,661 $52,642,238
13,897,531
13,067,864
27,898.229
24,486,766
2,025,524
1,930,359
4,070,572
3,795,731

Operating expenses

4,305,656

$9,763,213

1,375,000

8,396,029

170, p. 105.

Eastern

Circuit

States

$0.88

-

preferred dividend requirements.—V.
169, p. 601.

$1.07

Court

signed

an

out

plan

Corp.—Restrained

From

Executing

a

Judge Joseph Siierbow at Baltimore on Sept. * 9
temporarily restraining the corporation from carrying

order

under

which

its

preferred

stockholders

invited

were

to

exchange their shares for common stock of St. Regis Paper Co.
Earlier, Arthur Brown, New York, a minority stockholder in Eastern
States, had filed suit asking the court to grant an injunction against
execution
R.

of

Lamb,

this

the

submitted

plan.

The

named

were

firm's

directors

and

its

assets

of

allegedly
suit
to

represent

states

the

Eastern

that

States,

a

holding

substantial

a

Maryland

stockholders

counsel,

Horace

defendants.

as

charges that the plan would result in the

net

would

the

also

suit

the

for

law

disposal of 87%
Because

company.

liquidation

requires

that

of

the

the

com¬

plan

be

approval.

The action also charges

that the plan violates the Federal Investment
Company Act of 1940, which the suit says bars deviation from funda¬
mental policy by an investment
company organized under its provi¬
without

The
and

$1,063,904
450,000
525,000

outstdg._—

or

and

process

—

Accrued

sions

2,002,011

$1,826,121

dividends

per com.

in

LIABILITIES—

1,127,784

se¬

dividends

5,859,174

2,087,133

work

Total

pany,

(incl.

social

profit

shrs.

1949

502,868

3,127,286
4,241,052

receivable

Sundry investments (at cost

of

mu¬

taxes)

Preferred

(& Subs.)—Earnings—

575,355

1948

$1,924,812

1,875,081
3,219,790

fabrics

Machinery,

31

$2,731,266
1,229,821

securities

——

The

$4,403,487

Operating income
Depreciation
Federal, State and

MAY

expenses

Buildings

$3,765,139

859,305

stock

Stock Plan—

1, 1953, $2,200,000; common stock (par value
$8 per share), $3,221,246;
capital surplus, $329,085; earned
surplus,
$2,948,722; total, $10,714,494.—V. 169, p. 2749.

•Earns,

:__

251,749

459,409

materials,

Prepaid

12,000

in

outstanding

accounts

Raw

$4,957,446), $6,982,641;

$10,714,494.

$1,000,000 maturing Oct.

Com.

cash

Inventories (valued at lower of cost

Divs.—5%

$562,445;

payable—trade, $1,285,070; accrued salaries
and wages, $33,234; accrued
taxes, other than income taxes, $51,133;
miscellaneous accrued liabilities,
$12,261; provision for Federal and
State
income
taxes, $633,742; unsecured notes payable to banks—
payable in quarterly instalments of $75,000 each, final

Common

interest

.

common

Government

Net

1949

LIABILITIES—Accounts

Net

12,000

minority

ASSETS—

by 3,000 shares of company's capital stock), $12,865; fixed assets
reserves for depletion and
depreciation of

deferred

nicipal

Supple-

Company has authorized

lor

acquired,

147,604
$4,028,888

stock

to

CONSOLIDATED

530,000

$1,079,503

share

per

215)416

$30,613
Crl.000

in

in

per

Trade

1,052,157

$3,016,19^7

paid

Earnings

S.

2,887,593

195,104

$3,028,197

preferred

shares

5,134

$587,682

income

(after

_Total revenue

debt

$1,614,637

40,773

loan

30 040

$27 388

2,057,027
1,204,150

subsidiaries

Common

Common

$793,310

income

15,535,427
2,807,670

2,373,816

earnings

Minority

1948

expenses

income

15,766,72T

17,813,936

income

Distributions

$6,844,201

income

" $242 805

$26,797

Net

Dividends

1948

16,725,281
services

depreciation

on

30

$7,166,936

income.

Provision for Federal and State income taxes__

been

1949

other

applicable

2%%

ENDED JUNE

2,261,87^

$43,287,076 $42,122,297
110,435
103,769

supplies

long-term

Canadian

6%

1949

operating

of

4.527,449

$43,397,511 $42,226,066

Earnings

Canadian

INCOME

14,540,673

8,660,590
4,569,452

costs

Dividends

69,624

1

ASSETS—Cash in banks

Operating profit
Nonoperating revenue

for

on

Operating

Derby Oil Co.—Quarterly Report—

cost

1949

aside

accounts

fixed

Ltd.—Earnings—

5,048,995

1,851,377

1+

19,799,957

income

bond

assets

5,242,189

_

other

freight and
on

Interest

$169,428

86,450

/__

in net
operating profit during the second quarter
primarily due to the low metal prices prevailing

was

recorded

Coniaurum Mines,
Quarter Ended June 30—

Power,

1948

pany

Hearing

2,149,750
23,985,817
10,071,622

1946

;

related

and

NOTE—The decline

Net

2,299,112

26,170,011
10,508,948

income

and

Trade

Total

corporation

Total

Earned

882.

1947

;

Serial

Other

3,310,958

income

Payroll

redemption.—V. 170

+ 1.9

Commonwealth & Southern
this

R.

1949

income

Operating

—1.3

224,076,000

$5,545,796

3,956,253
2,376,618

Cash

tons

Cost

$6,172,009

3,905,117

income

oper.

•Deficit,

1949

Ry.—Earnings—

1943

170, p. 592.

Materials

U.

Interest

The

and

203.

'

of

1,

were

sinking fund by purchase either in the open market or at
sale, leaving a balance of $1,061,078 available for redemption
of shares by call.
Accordingly, by resolution of the board of directors,
9,998 shares of preferred stock have been called for
redemption on
Oct. 1, 1949 at $105 a share plus dividend accrued to
Qct. 1, 1949 of
$1.12V2 a share.
The certificates
representing the shares called for
redemption are being selected by lot.
Notice will be mailed shortly

operating

gas

Duplan Corp. (& Subs.)—Annual Report—

the

Depreciation and
Income taxes

substantial

$6,498,563

the

private

p.

and

zone

Aug. 22 said:

on

-*-1.0

222,778,000

ry.

Set

Preferred

four

past

225,046,000

———.

20
p.

9,998

large
689.

4,222,053

railway
railway

from

stock,

July

report and accounts for 1948 the amount of
$1,116,299
was
mentioned as the sum to be set aside for the
1948 as a
year
sinking fund for the redemption of preferred stock in accordance with
the provisions of the corporation's charter.
During the first half of
the current year the corporation obtained
523 shares of preferred stock

year

% Change

Net

Taxes

Redeem

a

170, p.

$8,932,006

_

from

Net
—V.

the annual

Gross

1948

207,835,000
219,697,000

•

Aug.
—V. 170,

1, 25

1,

on

$2.

■*

corresponding week

Following are the kilowatthour output totals
and percentage comparisons with 1948:

Week Ended—

Aug.

July

April

of

common

made

was

materially curtailed during this period due to the depressed
price of
zirlc, the principal product of these mines.—V. 169, p. 24171
'

Electricity output of Commonwealth1 Edison Co. and associated com¬
excluding sales to other electric utilities for the week ended

Sept.

To

Net

panies,

weeks

on

declaration
the

on

profit before depletion
Depletion

capital.

ago.

and

1

share

Net

on

Sept. 10 showed

1

the

on

Oct.

per

73,370,205

Yeakley, a controlling
stockholder, at Sleach. Underwriter, W. C. Hitchman Co., New York.
Proceeds will be used to lease
properties, drill wells, and for working

/

15,

Net

1949—7 Mos.—1948

Colorado Oil & Gas Co., Alamosa, Colo.—Files—

sold

Dec.

April

about

cents

Three Months Ended June 30—

—V. 170, p. 300.

for

follows:

action

no

or

Day Mines, Inc., Wallace, Idaho.—Estimated
Earnings

Net income

-".The company

on

37'/2

ye&r

a

881.

p.

Cincinnati Street Ry.—EarningsPeriod End, July 31-'1949—Month—1948
Revenue

as

took

13

of

indicates

Years Ended May 31—
sales

to the holders of certificates drawn and
called for

$1,730,698 $13,026,709 $13,592,903

+There were 52 units in operation Aug. 31, 1949, the same
ago.—V.

distribution

A

last, compared with 50 cents

In

168, which was a request by all railroads for a 13%>
freight rates.
The ICC has allowed an interim Increase
approximating (for Western lines) 8%. This final order grants perma¬

rates

Sept.

on

ordinarily payable

$5.

par

Executive

Parte

Increase

directors

ago.

1949

from

Other

to

"Prospects for important crops in our territory are excellent,

land

quality."—V.

Net

addi¬

grain.

high

From Jan. 1—

payable

Omits Common Dividend—
The

as

existing industries constructed

of

July-

plus, $34,925,502; total, $58,702,972.

this

to meet
not be relaxed.
expenses

reduced

continuing its long range program of developing
A three-eighths interest has been
acquired
property near Coalinga, Calif.
Ona
well
already

adjacent

on

Gross

and sundry
accruals,
$2,369,843;
(estimated), $400,000; reserves for Fed¬
income, $7,503,541; reserve for contingencies,

on

stockholders

first-Out basis.

1945—net

taxes

preferred

supplies.

oil

20,000-acre

drilled
volume

$1,056,386; 4'/2% cumulative preferred stock (par value $100 per
share),
$4,947,700; common stpek (par $5 per share), $7,500,000; earned sur¬

the

ago,

located 123 permanent new industries

we

temporary industries.

to

of

this will

program

property has been continued

59

than

lower

control

the company's

of

period,

"During the first half 1949,

and

for

need

543,031

—

somewhat

State

and

of

is

crude

Gross

renegotiation refund

part

year

company

own

$58,702,972.

eral

the

on

it

railwayNet from railway
Net ry. oper. income

dividend

condition

months'

the

to

alert

is

traffic

280,513
320,551

276,187
—

of

efforts

and

"Physical
six

connections"

from

level

266,844

—-

cars

our

management

the

line".

on

1948

shares

common

decided

Duluth Missabe & Iron Range

BALANCE SHEET AS

LIABILITIES—Accounts

1949

action

profits,

ASSETS—Cash, $6,740,939; accounts receivable (less reserve), $5,096,470; inventories, $20,812,454; property, plant and equipment (less de¬
preciation), $20,842,171; investments (less reserve), $87,518; special
funds, $3,561,078; prepaid and deferred charges, $1,562,343;
total,

follows:

as

Six Months Ended June 30—

Cars

with

this

share

its

the

hourly rate, with overtime accruing after an 8-hour five-day basic
week, at time and one-half.
A special committee of representatives
from each major department is now engaged in a careful study to

by the increase
outstanding when holders

improved the corporation's capital structure.
Financial position also was
strengthened materially in the 12 months
ended June 30 last.
On June 30,
1949, working capital amounted to
$1,223,905, compared with $409,448 on the same date a

672,530
5,000,000

stock—111,911

stock-

common

on

Earnings
♦On

preierred

on

the

$0.21

announced:

accentuated

was

■

"While

...—._

444,753
925,000

profit

Dividends

in

stocks

further

23

profits

common.

"The

ended

place

preferred

Aug.

on

share

per

192,024
869,621

per

1,000,000

income

on

took

in

155,188

—_

.

16,760,359
675,000

$1,474,358

for

Provision

<

share.

918,911
$0.16

outstanding

24,178,960

,

17,164,211
12,747,756
780,000

Wages, salaries, social security taxes, etc,__.—
Depreciation of plant and equipment
•
Write-down of price declines—

made

the

of

selling,

expenses,

70,400,795

totaling $2,091,616, These increases are the
by the Fact Finding Board appointed by the
States, under the provisions of the Railway
Labor Act.
It also provides that all nonoperating employees of the
railroads, (about 73% of all employees), will go to a basic 40-hour
of

President

manufacturing,

1948

$5,043,433'

to convert some of their
holdings
During the 12 months ended June 30, 1949, the com¬
mon outstanding
was expanded by 48,990 shares due
tp the conver¬
sion of 1,155 shares of first
preferred and 7,950 shares of second
preferred into the junior issue,
?

$34,536,077 $55,516,311

-

supplies,

1949

$4,596,923

Kricger, President,

the

President, on Aug. 20 said in part:

operating

1949, are increased

result

and

administrative and general

6,571,457

.,

;•

.

67,429,442
8,486,031

—_______—

income available for fixed charges_
Income
available after fixed charges, sinking
j(.-funds and other deductions
_.
—
Earnings per share of common stock
.

■—

$89,546,851 $92,746,894

-

__

*

all

common

decline

which
of

into

•

Total

G.

"The

Passenger
'

per

Ended

$34,242,162 $55,333,611
293,915
182,701

1

shares

Earnings

27 Weeks

July 3, '49

Chicago Rock Island & Pacific RR.—Earnings, Etc.-f

after

charges and provision for
the minority interest——..;

Ended

,

California—Earnings—

_J

Net income

'

.Six Months Ended June 30—

of

3 Months Ended June 30—

The Initial

26 Weeks
'

Douglas Oil Co.

•

its

suit

prior

alleges

directors

stockholders'
fraud

in

the

to disclose in

action.
asserted

failure

of

the

corporation

its letter

offering the plan of exchange
certain final monetary and
other benefits would accrue to the non-exchanging stockholders and
specifically to R. K. Ferguson, President of both Eastern States and
St. Regis Paper.
It further charges that the letter of plan does not
to

the

disclose
St.

holders

that

of

what

Regis Paper

Co.

preferred

is

also

stock

involved

itself.—V.

170,

that

is

p.

a

measure

981.

.,;

.

of

control

of

tba

Volume

170

Eastman Kodak Co. (& Subs.)—Earnings—
Panama,

1949

of

Net

sales
not consol.

6,805,882

Total
Cost

goods
and

Depreciation

of

Earnings

from

and

a participating dividend of
one cent per share
preferred stock, both payable Oct. 1 to holders
This brings total payments to date to 24 cents
Including a participating dividend of two cents paid on

record

Sept.

the

7,867,926

42,795,898

income

Divids.
&

&

Other

286,712
received

earns,

branches

Operating

subs,

1,509,916

income

231,126

291,894

33,563,909

Other

.'

income

Charges

United

income

income

99,450
(est.)

to

1,102,308

Federal

2,820,514
10,912,818

all the considerations then before them.
t

371,486

377,166

383,423

506,000

66,000
60,946

$4,371,266
505,539
32,663

$7,439,731
381,833

32,663
633,500

1,471,300

2,828,400

1,231,687

charges—__

$1,111,606

$2,361,764

$4,229,498

♦Earnings per share of com. stock—

$0.48

$1.01

646,283

$1.81

457,553

income

Other

'

tax

'

-

,

421,000

806,520

421,000

58,000

116,300

58,000

60,253

115,041

83,792

■

June

345,000

earnings

Dividends

28,017,724

184,971

184,971

10,396,056

shares

common

Net oper.

working capital is shown below:

Balance

include

81.63

share

common

not

19,166,708
$2.24

10,787,773

surplus
per

♦Does

Distillation

Products,

Inc.,

$1,765,830

'

Net

—V.

44,264

ASSETS—

$

Receivables

(net)

tlnventories of

$2,201,716

$2,935,946

$1,810,095

income

income

169,

.249,663

16^149

450,557

793,092

$2,414,982

—

$2,185>568

$2,485,389

supplies

tBuildihgs,

machinery,
Land, at cost_
Investments in

Total
Less

received—

dividends

Other income

1948

;

$6,513,682

855,340
408,496

768,568

402,996

$3,460,805

$5,342,117

69,378

54,242

33,792

$1,874,905

$3,515,047
;! 1,335,000

r.

1,943

$119,874

$118,569

$125,724

25,629
5,332

55,552
5,137
10,286

16,361

$88,544

$47,594
154,678

$32,298
144,870

Other

income

(net).

71,130

368

Total

$4,724,641

466,410

sundry taxes—

(/.,

5,936

________

Sundry investments and deposits

1

1947'

'• 1948

1949

$3,602,653
1,330,716

$123,781

1,303

—

State franchise and

11,442,702
2,247,755

__________

(& Subs.) —Earnings—

General Cable Corp.
6 Months Ended June 30—

sales, before deprec.
Sell., admin, and gen. exps.
(net)
Provision
for
depreciation

1947

$118,569

Expenses

and advances to subsidiary com¬

.v.';'.

$13,614,000 $11,345,000

169, p. 2418.

$1,805,527

1949

$118,571

6 Months Ended June 30—

3,456,346
2,380,426
173,479,984 165,365,422
6,026,870
5,860,216
11,442,819
2,239,454

taxes on income, etc.—

Gross profit on

COMPARATIVE INCOME ACCOUNT

Cash

consolidated

$20,039,000 $18,157,000
6,425,000
6,812,000

—

-

—

—

accounts payable,

Working capital

Propose Exchanges of Stock—Registers With SEC—See
American & General Corp. above.*
.1

109,535,741 102,099,415

;

equipment

and

panies and branches not
'•

$

materials, work in process,

and

6,346,000

$1,017,003

1881.

p.

44,542,547

__

raw

finished goods

cost

at

3,545,000

5,866,000

'.

Equity Corp.—Company and American General Corp.

29,598,473
48,095,444

47,368,703

marketable secur.

Prepaid insurance, taxes and other charges ap¬
plicable to future operations

i

12, '49 Dec. 26, '48

25,780,949
*40,324,814

;

other

5,047,000

3,454,000

Inventories

-V.

and

$3,219,000

2,673,000

!.

Receivables

$2,664,649

(net)—.

$2,924,676
11.270

Total income deductions

subsidiary.

new

a

June

U. S. Govt,

Dec.31/48

$8,046,000

obligations

Government

$2,187,561
14,155

COMPARATIVE BALANCE SHEET

Cash

■

June30/49
S.

$2,668,190
3,541

revenue.

Other income

Gross

Earnings

reflected by the books
compared with $11,items comprising the

as

amounted to' $13,614,000 as
1948.
A comparison of the

31,

8,666,045

preferred shares

on

Dividends

21,368,830

Dec.

capital

working

company's

1949,

30,
at

Cash
U.

Net

.

2,338,317 shares outstanding.

on

NOTE—The

tax

taxes

all

after

income

♦Based

655,623

761,742

Net

at
,

6 Months Ended

June 30/49 June 30/48

depletion,

deprec.,

$2,032,011
254,242

9,514,651

for
depletion

income

State

before

int., .*.nd taxes on income-.
—
Depreciation and depletion
——
Interest charges
Federal and State inc. taxes—est.—

reserve

and

ACCOUNT

3 Mos. End.
June 30,'49

2,892,261

—

357,669

INCOME

CONSOLIDATED

..

"
—

&.ajnaortiz. of leaseholds

15,700,000

(est.)

5,102,201

!-■

gas

Approp.

18,959

11,000,000
1,095,629

taxes

taxes

* 1,737,508

cos.

44,838,991

•

States

Foreign

1,521,424

of

deprec.
Total

1949—12 Mos.—1948

5,700,612

properties—assoc.
Maintenance

companies

until Dec. 31, 1949, when the directors can bet¬
prudent to take from

company

Income

_!_ $11,258,007 $10,321,431 $19,103,895 $17,080,399

revenues
expenses

Gas purchased
Rents for lease

241,283

1,103,703

from

consolidated

not

1949—6 Mos.—1948

5

ter determine what action would be

on

Equitable Gas Co.—Earnings—
Period End. June 30—

6,482,452

31,942,368

equipments

operations

(1081)

15.

1948,

20,

Operating
Interest

.

five

dividends last year amounted to 25 cents per share
preferred stock.—V. 168, P. 1360,i-;.;':!n!'/i:;i!';!.!!/:k;,v!

22,734,191

expenses

properties

of

share.

120,467,797

25,840,929

dividend

192,430,338

124,351,711

sold

administrative

quarterly

Dec.

6,441,967

190,002,934

of

Selling

regular

the

per

183,197,052 186,038,371

Sales to subs, companies & branches

CHRONICLE

per share and
the participating

on

♦1948

declared

have

directors

The
cents

America)

South

and

24 Weeks Ended June 12—

FINANCIAL

&

Equitable Credit Corp., Albany, N. Y.—Partic. Divs—

(Incl. subsidiary companies in the United States, Canada, Mexico,

Cuba,

COMMERCIAL

THE

Number 4839

Interest

Prov.

for

income

Federal

')} 715,000

taxes-

'

.

f!

*rl

•

l

$5,375,910
2,110,000
—

Total

♦Before net

37,163,974
40,506,855
50,452,591
48,488,116
Cash divs. payable to stockholders July 1, 1949
5,292,113
6,282,516
6% cumulative preferred stock ($100 par value)
6,165,700
6,165,700
Common stock
($10 par value)!
129,990,690 129,990,690
Capital surplus
18,570,120
18,570,120
Reserved for general contingencies
11,903,197
11,873,864
Reserved for intercompany profit in inventories
of
subsidiary companies and branches not
Payables

for Federal,

and

and other taxes

state

2,065,335

surplus

Net

sales

Provision

Net

♦Market

$40,355,400.
tAt cost or market, which ever is
depreciation and amortization of $147,159,in 1948—V. 170, p. 883.

value,
and

1949

per

years'
168,

in

Net

sales

tNet

C.

Camera

170,

$6,855,000

p.

Period—

30,

June.

totaled

1949,

169,

pp.

as

Net

883.

second preferred stock

200,000 shares of
The

65,000

issue

shares will be
used
to retire $5,000,000 of
convertible debentures through exchange of 10
held.—V.

debenture

170,

To

of

the

class

new preferred
amount, 50.000

Net

Of this
the outstanding 314%
shares for each $1,000

profit

Operating

1949

117,200

$963,141
132,691

$145,244

$830,450

48.675

316,740

:

.

income

operating

taxes—

income

these

$96,569

new

The

per

as

the Laminated and Insulating Products

since

established because of the growth of G, E/s
the opening two years ago of the plastics

at present purchasing certain items of new equip¬
plant to tgk« care of increased production. ,, ■

is

company

Coshocton

the

World's First Amplidyne-Controlled Lift Bridge—
special electric drive and amplidyne control system, installed on

A

recently-opened

the

between

River

world,

the

in

Stickel Memorial Bridge wnicn crosses the Pas¬
Newark and Harrison, N. J., is the first of its
according to the G. E. engineers who designed it.

1375-ton span 100 feet in 105 seconds,
almost perfect alignment, they said.
It is
maintained by the New Jersey State Highway

share

common

stock

deducting

preferred

CONSOLIDATED

profit

reflecting

SHEET,

$1.39

JUNE

578,887

Investments

other

and

and

plant

Property,

654,437

532,486
640,580

6,256,928

assets——:

equipment

(net)

26,195

1,842,475
$0.78

13,297,334
• $5.25

11,114,492

$0.45

$325,589

$468,119

305,196
66,875

508,657

workmen's compensation claims—

Milwaukee

the

Foley's,

share

per

$4.71
Store

Boston

Boston

figures

the

Store

of

corporation,

has

of

$6,300,000

acquired

store

are

as

of Nov.

included

1948,

1,

only

from

filed a registration statement with
securities of three different series.

and

that

the

SEC

1S49

1948

Deferred

for

4%

4%

1st pid. stock

non-cum.

23,207

$297,286

$243,986

$273,231

117,346

133,338

Capital

1,963,700
1,575,395
2,863,912
472,192

Earned
Total

2,863,792
Dr199,592

$9,454,640

.—

,

Ellicott

$22,292

included

in

accounts

payable

and

♦Net

Square

Co.

♦Before

$1,123,899

39.083

and is

of Buffalo—Private

1254.

-■

'

the

$181,561

93,141

98,173

on

annual

Re-elected—

meeting,

Armand G.
directors of

The

company,

holdings
noicungs

•

in

tne
the

in

Service Co.—Sells Virginia Stock—

liquidation,

on

has

Virginia Electric &
Virginia urecmc

completed

rower
Power

to.
Co.

the disposition




of

Its

..

It is reported that the
i',
tnat the;'
investment dealers

totaling 162,612 shares, were sold through
the stock Exchange.—v. 170/p. 105.
<

holdings,

$1.00

—

The

Cincinnati

Planer

Co.,

*1947.

$203,772
-

$219,006'

$0.73

$0.68

•

wholly-owned'sub¬

a

June 30, 1949 shows current assets 5.9 times
with book value of the stock $17.01 per share.
paid the $170,000 maturity on the 15 year
term loan of $2,500,000 made to finance the purchase of Cincinnati1
Planer Co.
about a year ago.
Ralph I. Kraut. President, says that;
unfilled orders have increased about 10% Since the first of the year.;
The

the

sheet

balance

current

at

liabilities,

the

June

company

168, p. 942,

—V.

Goodrich Co.—Semi-Annual Report—
FOR

INCOME ACCOUNT
JUNE

30

M

MONTHS

SIX

.

p

_

'ENDEp*

.Lrr

,

/ 1948
$
$
—————192,149,550 197,688,828«
—.——. —:
1,189,520
1,282,734
1949

Net

(discounts,

sales

Other

transportation and excise

deducted)
income

-

193,339,070 198.971,563
income
——
138,253,001 143,094,785
products sold
——
——-—
29,158,436
31,062,383
Selling and general administrative expenses
4,079,2414,836,339
Provision for depreciation and leasehold amortiz.
727,166
.660,782
Interest and amortization of refinancing costs——

President,

Payette,

reviewed

the

v

"■ J"'

Financing,' Etc.—
$7,500,000 credit in the form

Gaylord .Container. Corp.—Private
The company
*

r-

*

has arranged a
.

,

■

#

-1

u

M

The balance of $3,750,000 is being held available for the

301,486

7,334,000

8,587,000

—

10,909,635

13,023,446

replacem't cost of facil.

2,000,000

2,000,006

8,909.635

11,023,446,

.

——-—

for Federal

Prevision

before

Income

and foreign taxes on

special reserve—

Spec, reserves for incr.

Earned

of

income

surplus at Jan.

Total

paid

Dividends

Not

—

——

V 71,273,918

56,289,138

80,183,553
1,030,077

67,312,574

——

for

2,616,640

preferred stock
common

at June 30
cash dividends

common

years

1,030,Q7X,
2,616,640-

76,536,836

63,665,857'

stock

i

—.

under, provi-

the first mortgage and deed of trust-

Earnings per
-♦Both

1—

—

on

surplus

available

sions of

stock.

——

1————

surplus

Dividends paid on

<to <7nn nnn

a-15-year term loan, of which it has. taken $3,750,OOp.

282,930

inc.

Other charges

♦Earned

Engineers Public

—

include

not

*Doe3

Balance

company's affairs for the
past year,
with particular emphasis on the forthcoming acidizing
operations' of three of the company's wells on the Gaspe Peninsula.
As
this is a
highly specialized operation,- arrangements have been
made with Dowell Inc., a subsidiary of the Dow Chemical Co., to do
this work with
their special oil well cementing
equipment.—V. 170,
p.
690.
V
V !/:'!
1
VV
Paul

placed

calling for redemption the outstanding $1,035,000
bonds, due 1950, at 102..
p.

$71,564

98,141

___——

sale of securities amounting to $619,103 in 1949,
in 1948 and $541,122 in 1947.—V. 170, p. 593.

profit

Paul Payette, John Vanier,
Boisclair, Sidney D. Blue and L. Demers were reelected
the company for the current year.
At

first non-cumulative income 5%

168,

Earnings per share

*1948

1949
$300,625

charges and taxes

Net income after

Total

$104,523

————

dividends

Gaspe Oil Ventures, Inc.—Directors

accrued

Financing—
privately with Metropolitan
Insurance Co. $850,000 15-year V-h.% mortgage loan
has

prcfit

Preferred

current.—V. 168, p. 2683.

company

Subs.)—Earns.

Giddings & Lewis Machine Tool Co. (&
6 Months Ended June 30—

$9,102,505

—

including

year.—V. 170, p. 982.^.

Cost of

1,963,700
1,575,415

.————;

—

♦Not

expenses as

;

1,838,800

2d pfd. stock (par $100)
stock, no par (stated value $5 a sh.)_

surplus
surplus

Expenses
Interest

to

0.9%, from the corresponding week of last

91,670

75,416

Total

83,613

(par $100)—1,838,700

non-cum.

Common

amounted

1949

Corp.—Weekly Output—

corporation for the week ended Sept. 9,
109,037,756 kwh., a decrease of 1,009,781 kwh., or

output of this

electric

tax

accrued expenses
Federal and State income taxes (est,)——-—

$100

both

shares,

$250,024

75,494

LIABILITIES—

♦Reserves

August
General
capital
of

1947

$168,49,1

80,976

-

—

,

Motors
Diesel Ltd.
was
incorporated with
60,000 shares of 3%
preferred and 60,000
par
value.
It was also disclosed that
General
Motors Corp. paid
$200,000 (Canadian) lor 2,000 common
shares of the new unit, these being the total shares issued as of
Aug. 31.—V. 170, p. 982,
In

common

CONSOLIDATED

$216,310

dividends

earned

■

>

authorized

In

6 Months Ended June 30—

Interest

;

Canadian Unit—

sidiary.

was

that

982.

p.

Income—Cash

Accounts payable and

'

General Motors Corp.—New

and

was

43,082

_

—

in

170, p. 786.

Dept.—V.

(B. F.)

$9,102,505

charges——-*

Total

both ends
operated and

inventory basis was used during

First York Corp.—Earnings—

30,437

$9,454,640

income (royalties received in advance)

Deferred

keeps

The

by

except

170,

covering

633,587
631,468

6,098,393

—

—

11,651,680
537,188

First Investors Corp., New York—Registers With SEC
The

$895,648

(net)

receivable

accounts

13,819,388
522,054

1948

$1,578,099

Cash
and

1,975,201
132,726

share-

Milwaukee

The

accordingly

30

1949

ASSETS—

Inventories

408,317

429,310

subsequent adjustments.

dividend requirements.
BALANCE

*

57,964

1,200,923

—

com.

periods

date.—V.

♦After

20,521,667
8,461,670
!

1,330,738
129,815

stock

system not only raises the

but

$

calculated on average number of shares
outstanding during the periods entitled to receive dividends.
Figures
for the 52 weeks ended July
31, 1948, and the quarter then endpd
include
the
results
as
previously reported to
stockholders without
Net

315,083

$0.07

shares

common

♦Earnings

July 31,'48

applicable to com¬
per

sell lam-?

■!■;;/s-'Vifci&i. > ■V-

unit is being
business

for

ment

owned,

52 Weeks Ended

36,228

—

-

pfd.

on

and

where G-E laminated p astic
me made for many
of
the
leading manufacturers of electrical products.
Furthermore,
new patterns and colors recently
introduced have increased the popu¬
larity of G. E. Textolite plastics surfacing materials for which addi¬
tional distributors are currently being appointed.
v.

Halliburton's.

$513,710

315,079

profit

Number of

(& Subs.)—Earns.

3,440,9001„ 23,838,585
1,407,735
9,589,887

,

NOTES—The last-in-first-out (Lifo)

1948

$262,444

.

depletion

and

Estimated Federal

and

known

General Public Utilities

Subs.)—Receivers' Report—

Six Months Ended June 30—

Depreciation

2,397,899
1,030,933

chgs._

income taxes—

income

Divs,

Net

(&

Corp.

Coal

Horn

after

income

Earns,

Elk

—V.

The

laminated

75,605,742 358,574,741 321,965,225

81,501,700

sales

subsidiaries

883.

p.

Stores, Inc.

minority interests in

mon

Life

be

6ctady*;N. ;Y;

kind

(no par).

shares

preferred.

second

convertible

$4.25

as

to

plans

company

The

to

division,

saic

1333 and 5.

13 Weeks Ended

■

retail

Net

manufacture

engineer,

to

Division, will have its headquarters in Coshocton, Ohio, and will have
responsibility for laminated and fabricated plastics products manufac¬
tured in Coshocton and for insulating materials produced at Schen-

Nil
estimated

'
$7,931,000,

July 30,'49 July 31,'48 July 30,'49
$>
.•. v
4 v'$
.
$

1949—Month—1948
1949—8 Mos.—1948
$5,086,972
$5,267,530 $47,774,804 $47,838,583

31—

El Paso Natural Gas Co.—New Stock Issue—
The stockholders Sept. 12 authorized the creation of
a new

Notes

at

before.—V.

year

a

1946

$2,561,000
*63,572

tAfter

outstanding.
''
"*

shares

common

orders

NOTE—Unlilled

$3,405,363
51,005
$0.15

127,766
$0.36

share

com.

on
337,032
JDeficit.

against

Federal

Net

Subs.)—

(&

1947
$3,746,000
73,883
*"
$0.22

1948

1949

$4,284,800

—

———

per

Based

t&X6S

Stores, Inc.—August Sales Off—

Bros.

Sales

Net

$954,653.

to

division

plastics and insulating materials was established on Sept. 12 as
operating unit of the company's Chemical Department.
The

The

Edison

stock

$413,593
$1.11

Corp.

Instrument

&

Federated Department

Period End. Aug.

of

-

profit

♦Earns,

785.

—V.

new

amounts

now

•

plant at Coshocton

6 Mos. End. June 30—

Inc.—Opens Chicago Office—

Wescott, President, announces that this corporation, an inter¬
national firm of engineers, constructors and business consulants with
headquarters at 2 Rector St., New York City, opened a Chicago office
on Sept. 8 at 209 South La Salle St. ^
The new Chicagd office, according to Mr. Wescott, has been set up
for the purpose of bringing about a closer relationship with the Ebasco
staff and its clients in the Western and Mid-Western areas.—V. 170,
p.

254,000

1254.

*

Divi*

third

the

Earnings—

$142,525,703

Ebasco Services,
T.

and

1949,

'

operating

new

inated

667,593

$116,111
$0.31

share
taxes

A

72,000

-

$3,265,910

205.

p.

General Electric Co.—Establishes New Operating

188,111

contingencies was charged with $45,347 additional

income

p.

170,

sion—

taxes——

——

common

Fairchild

JAfter reserves for

in

204

—

NOTE—Reserve for

—V.

income

—V.

$2,150,047

$1,159,905

Net income

.

July 30, '49 July 31, '48
$15,491,641 $16,603,453

—

Federal

profit

prior

lower.

.

provision for Fed. taxes on income

for

Earnings

1,890,351

419,655,680 411,632,400

Total

sale of securities, amounting to $9,474 in 1943
170, p. £93.
C

on

1947.—V.

—

Profit before

155,451,960 144,664,186

-

profit

in

(The) Fair, Chicago, 111.—Earnings—

Reserved for workmen's compensation and other
insurance

$25,619

26 Weeks Ended—

3,200,000

2,600,000

consolidated

Earned

153,778

Preferred dividends

LIABILITIES—
Provision

—

♦Net income

419,655,680 411,632,400

*

.

•...
s •»'.
to
9,469,346 *, ;9,679^505:
,

share___^_v«vw—1:--••• '$6.02
$I.6V
proilt • from sale of treasury comrdoai

include 445,532'

6

(1082)
f

THE

H
JUNE 30

consolidated balance sheet,

•

assets—

p ■; -

,

^

;-:

'v

'

Cash
U.

S.

Treasury

Inventories

receivables

and

(less

93,511,387

4,103,532

Prepaid insurance and taxes
refinancing costs, etc.

77,776,859

—

$

....

..

Othv.

cated

for

1st

le. s

U,

Federal

S.

income

payable
(noncurrent)
increased

for

862,000

6,099,646

foreign

...

Net

43,232,000

2,640.000

2,820.000

facil.

19.000,000

15,000,000

of

retirement benefits,

1948)

to

by

the

stock

to

(without

value)

Total

41,203,100
44,280,197

'•IsStied
at

ury

/„

63,665,857

44,280,197

Other

shares

of

unissued

stock

in

the

the

seasonal

books

at

$57,798,001.

subject to employees'
average price of $54.83 per share.--V. T70, p. 494.

(Including

are

domestic

'i/1',;■ '• •;'fV

Net

sales

Other

Total

Cost

Depreciation
Sell.,

adm.

Int.

gen.

funded

on

debt

Prov.

options

at

exps.
other

1947

-

&

1946
''

1,834,313

5,922,979
37,431,540
800,229

5,780,676

6,706,887

on

2,000,00b

3,000,000

Earns,

per

♦Loss

1,475,758

1,436,008

103,700

:•

4,130,480'

4,130,464

$3.24

$4.90

from

for

devaluation

to

foreign

of

$6.16

currencies

in

Latin

$1,224,625

(Including domestic

foreign

subsidiary

-y.
—

States

-

r~

'Total 1

37,510,548

...

buildings, machinery and equip, (net)
Patents, patterns, drawings, jigs, devel., etc.—

6,568,353

V'
1
147,312

States

taxes

(less

U.

dividends

and

!3y2%-22/4%, due Dec.
due Dec.

Reserves

for

Reserves

for

15,

S.

accounts

and

estate

collections

x

1,415,86$

t:

.

$

25,163,395

4,335,815

& State

taxes on inc.

356,465

$9,967,685 $11,252,804

2,984,360

3,807,900

4,470,000

$5,913,929

$6,159,785

$6,782,804

1,500,000

2,COO,000

$4,659,785

$4,782,804

25,256,134

23,691,370

for future inventory

to res.

of

—

net

Federal

902,107
842,233

957,179
777 683

359,665

352,531

155,324

843.004

103,700

to

$5,913,929
29,154,896

contracts—

taxes

taxes

—

(net)

851.078

and

common divs.
payable July 1___
compensation ins. (per contra)

for

price dec. and other conting.
pfd. stock ($100 par value)
($10 par value)

divs.

declared

$29,915,919 $28,474,174
507,686
507,688

1,542,950

1,542,950

1,028,624

per

♦After
V.

170,

—

1,343,193
8,751,642

11,279,575

for

for

reserve

future

inventory

Net

Corp.

(& Subs.)—Earnings—
1949

sales

Earnings

1,472,074

per class A

169,

1948

$36,289,089 $34,711,297

—

Net earnings

—V.

decline.—

price

5.

Hickok Oil

2,852,190

1,343,193

share

common

provision

p.

Years Ended June 30—

1,502,500

2,852,190

$32,764,346 $27,865,283 $26,937,863
2,057,250
2,057,250
685,749
$2.57
$1.96
$6.05

30.1
outstanding

shares

♦Earnings

2 000 000

surplus

June

61,923

1,502 500

surplus

Common

131,131

"

2,000,000

___

stock

stock

Balance,

1,045,000

61,56,4
109,099

inv.

cumulative

$35,068,825
761,529

160,00)

taxes—

income

income

Common

1,084,711

and

819,343

$1.47

$0.32

share

B common

109.

p.

3,241,532

42.561,506

8,828,363

12,040,001
289 996

">

31,579,000"

68,421,000

10,038,329
25,900,000

16,204,775

.

the

the

Fund

which

purchase

for

the

of

of

aside

as

may

redemption price prior to Oct. 1,
the company's treasury.—V.
170,

1949.

obtained

at

orJ

XCX

* Period End.

Aug. 31—

1949—Month—1948

Sales

$4,591,670

Higher—

the

1940

&

Tea

Co.

Anti-Trust

—

manufacturing,
retail

seeking

for

into

the

seven

fight

the

The

compel

commercial

branches

chains

District

of

Suit

it

break

York
was

in

Sept.

on
a

the

U.

15

monopoly

total

of

this

follows

charges of

conspiring

The

to

conviction

the

monopolize

upheld

was

company

the

by

food

the

U.

in

September,

industry
S;

Court

Chicago last February and the company paid $175,000
Sherman Minton, who

wa3

in

stock

preferred

in

Appeals

stock

(25

said

Hayden,

fines.

nominated to the Supreme Court on

the

practices

chief

purpose

found

fair competition in the

of

of

illegal
areas

TO

dated

$3,000,000

subject

to

are

$50

Judge

the

New

York

t^ie civil suit is to
in

the

criminal

involved.—V.




169,

the

prevent

suit
p.

of

and

2314.

to

a

the

the

par)

FINANCING

Outstdg.

of

as

July

value

1,

of

property

funds

will

be

financing

.This

program

added

of

to

to

ffom

other

Federal

income

authorizes

in

the

without

excess

and

and

increase

Net

added

stock

in

1949

income

the

sale

of

current'

to

$16,797,111

that

active

assets

ratio

169,

.Gross

efforts

of

amounted

Net

being

are

Net

Earnings
"The

22,100

per

$2,598,049
235,023

$0.11

$1.18

share

common

company's working capital position

Flood, President.
June

$1,301,600

...

30th

was

income.—

further

additional

of

the

preferred

and applied
extending through

reestablish

demands

its

normal

upon

the

strong,"

is

*223^110
$1.12

said

Aubrey C.

The ratio of current assets to current liabilities
to

seven

since Jan.

at sound values.—V.

Inventories

one.

1,

reduced

been

have

as

of

approxi¬

They consist oFcurrent items carried

1949.

169, p. 2643.

Hugoton Production Co.—Missouri-Kansas Pipeline to
A

registration

under

stock

Mokan

Class

—Calendar Years—

1948

1947

B

capital
1949,

and

136,000

principal

subject
the

of

assets.

all
of

Class

of

B

(16.57% )

the

Hugoton

the

of

common;

261.396

1950.

Mokan

has

7,100

shares

of

Hugoton
At

shares

799,181

803,578

1,191,623

1.207,629

Accordingly,

1,033,228

1.130,003

considered

and

$2,411,125

170,

31,

and

stock

and

The
no

would

of

Panhandle

Of

be

to

for

to

time

of

Mokan

entitled

common

or

of
of

basis

common

of

Mokan

and

common

intention

such

Class

offer

selling
5,302

ex¬

full

the

on

of

to

for

Hugoton'
shares

date

expiration

present

Panhandle

of

180

holdef

stocks

common

(b)

or.

be

such

shares

2

common

thereto.

the

shares

isre¬

of

.

Mokan

510,986

considered

V.

which

each

common.

August

714,347

stock

of

as

voluntary,

holdings

combination

any

equivalent

maining

his

common

B' stock
31,

Mokan,

is

capital

of

Mokan

(c)

or

B

common

Panhandle

shares' of

stock

by

which

plan,

part,

any

Hugoton

9

la)

exchange offer
registered.

Class.

or

or

8,564,531

had

shares
the

the

have

of

outstanding
Class

equivalent
purpose

rights

of

stock.

B

of

l/20th

the

equivalent

562,588

plan,
to

Each
of

a

all

25,550

shares
Class

share

*ffff
E>

of

common

stock

is

common.

Class

B

shares

shares

of

common.—

are

305.

p.

160,890

$2,700,725

——„

shares
of

shares,

was

modified

common

shares

4

for

stock

the

change
of

earlier

an

Panhandle

Under

729,167

248,798

stock.
263,496

(16.79% )
Of these

Panhandle common and 130,693 shares of the Hugoton common are
the subject of the present "offering. The Panhandle stock alone was the

10,279,581

$2,323,736

offer",

31,

Aug.

on

its

filed with the SEC by Hugoton
Missouri-Kansas Pipe Line Co.,

been

which

will
offer Hugoton
stock and
Pipe Line Co. stock in exchange for its outstanding

common

constituting

to

exchange

and

held

Panhandle

$16,356,516 $14,831,214

$2,508,313

j—

pursuant

Panhandle'Eastern
-common

has

statement

Co.,

"modified

a

July

192,412

*

1947^
$2,198)344

1948

1949

profit

1,257,318

income

income

costs

Co.—Earnings—

/'„

465.967

Idaho Maryland Mines Corp.,
$2,572,534
483,534

$2,572,016
_

On

372,563

Sept.

2

a

letter

of

notification

$2,234,758

$2,089,000

$2,199,453

common

at

through E. F. Hutton &

$2

per

share

San Francisco—Filing—

was

10,000 shares of
Net

decrease

to

made

to

Motors

sales

779,067

.

JAd-

$21,327,237 on July 3, ln/,n
with a
Consolidated
surplus was $11,278,038.—

7.2-to-l.

Electric

Howell

1,100,538

—

1948.

in

2103.

p.

10,321,185

—

Income deductions

shares

388,490

6 Months Ended June 30—

$15,00O,DQ0

funds

program

expanding

tax

reestablish

and

sales.

current

Mokan

the

company's

construction

meet

income

.Utility operating

$4.58

Madden, President, commenting in the semi-annual report,
that lower prices and decreased vclume, par 1 • Marly in
northern mills, were responsible for the reduced earn¬

ings

anti-trust

repetition

out

service.

expenses

than

1,858,639

markdowns in the 1949 period of $337,872, com¬
in the same period in 1948.- tBased on 450,000

common

830,690

Maintenance

$15,618,199

908,470

*

comnanv's

shares

the

construction

includes

and

electric

its

21,100,000

requirements.

cash

net

1947,

12 Mos. End.

Taxes

ihe

3,465,000

12,000,000
8,000.000

debentures

issued

proceeds
estimated at $7,717,000.

the

$2,730,000

15,000.000

Debentures

operating revenues
Operating expenses

•

$24,095

of

pointed

common

SUMMARY OF EARNINGS

Other

office

from

23,100.000

face

additional

reserves

Sept.-15,

of

PRESENT

—

requirements.

for

of "

to

James L.

com¬

8,000.000

par)

indenture
of

capacity

in

1948

8.5%

stock

company

on

inventory

$ June 27,'48

$12,004,119

$1.84

taxes

inde¬

territory

Authorized

Depreciation

of

♦After

.

GIVING- EFFECT

(cumulative,

S.

Appeals Court's unanimous decision.

Francis

owned

:

,

1951.

July 3,'49

income

Offer Panhandle and Hugoton Stock Under New Plan—
1949,

and

restraint

profit after

Production

by

1946,

in

company
franchise

in

revenues

June 30, '49
of

Subs.)—Earnings—•

tEarnings per common share

approximately as follows;
residential
(including municipal street lighting) 24.9%, in¬
the largest stores and offices) 25.5%, and sales

sUit.

conviction

(&

were

Electric

suit

area

operating

gross

SECURITIES

its

up

the

30-year 3% debs., 1937 ser.', due April 1, 1967—
$2,870,000
30-year' 3V4 % debs., 1941 ser., due Sept. 1, 1971
3,675,000
35-year 2%% debs., 1947 ser., due July 1, 1982 *25,000,000

stock

its

separate

and

filed

was

New

denied

company

to

company

by

company, as of June 30,
of Connecticut Power Co.

toward

this

wholesale
smaller

Southern

Department.

would

to

and

processing

chain

Court

Justice

suit

♦Net

V.
an

(including
tp other utilities 25.7%.

These

anti-trust

Registrar,

been

always

exclusively

The

business

dustrial

issuance

Filed—

has

square miles and its total population according
about 252,200 and is presently estimated to be

of

23.9%,

of

PURPOSE—The

Pacific

Co.

1

mately 30%

percentages

property

Atlantic

Whitney

sales

Net

justed.

was

classes

are

Great

oversub¬

was

309,000.

♦Trust

$4,276,310 $46,375,919 $42,393,217

884.

p.

supplied

235

census

various

Common

1949—8 Mos.—1948

is

Connecticut.

approximately

to

3.90%

Inc.—Sales

dividends,

BUSINESS—Company

service

is

stock

1

Stores,

accrued

books closed.

AND

in

Preferred

Grayson-Robinson

plus

company
in that it has never been a part of a public
company
system.
It
was
incorporated as Hartford
Light Co. April 12, 1881.
The business done consists prin¬
of
the production, purchase,
transmission,
distribution and

CAPITAL

Any unused balance

304,

p.

be

Issue

electricity for residential, commercial, industrial and municipal
purposes within its franchise territory in the State of Connecticut and
sales of electricity to other utilities.

The

$5 preferred stock
15, 1949, and must

Feb.

stock

such

on

Stock

of

The

119,944,607 120,171,989

retirement

set

was

Preferred

holding

about

57,733,400
11,502,132 r
19,614,740

£ 19,614.740

to

applied

pendent

munities

17,070,000 '

—_

—

preferred stock is entitled to cumulative dividends from Sept.
1, 1949.
Redeemable at option of company, at any time, as a whole
or
in part, - upon at least 30
days' notice, at the following prices:
At
$53 per share on or before Sept.
1,
1954; at $51.50 per share
after Sept.
1, 1954, and on or before Sept. 1, 1959; and at $50.50
per share
thereafter, in each case plus accrued dividends.
Transfer

.Electric

25,900,000

—

Co.

pared

utility

31,579.000

57,733,400
11,502,132

Light

shares

Electric

68,421,000

(outstdg., 2,065,411 shs.)

Hollirgsworth &

Electric

share,

per

cipally

10,415,831

$24,650,785 $24,862,693

1991.

HISTORY

1964

15,

:

169, p.

Riverside Trust Co.,

425,764,946 424,954,817

reverts to

the

43,180,977?

16,839

64,965
$8,898,289

taxes on inc.

Convertible preference divs. declared

1918

agent, Hartford National Lank & Trust Co., Hartford, Conn.
Hartford, Conn.

2,328,739

19,275,551

$2,116,896,

division,

$9,950,846 $10,896,337

•—L

for

prov.

profit transferred
earned surplus
Surplus balance Jan. 1

The

14,342,000

NOTE—The Purchase

of

71,518,589

$8,833,324

$3,000,000

488,552

customers'

Wisconsin

foi'

sale

surplus—

the

Bal.

$50

contingencies

amounts to

J.

1947

$8lT469,435 $54,077,314

53,717,478

expenses

price decline

I

$1,800,000

.

general

on

scribed and the

foreign investments

be

wrote

general

profit

Oversubscribed—An underwriting group headed by Put¬
nam & Co. on
Sept. 13 offered 160,000 shares 3.90% pre¬
ferredstock cumulative (par $50). The stock priced at

(sinking fund starts

Total

trade.

7,800

1948

1949

$67,550,302

—

(net).

bef.

Approp.

$24,650,785 $24,862,693

payable, accruals and reservesbonuses and commissions

wages,

Capital

1,396,913

3,076,112

Earned surplus

it

ins,

1949

for

Treasury

(Outstanding; 577,334 shares)————

The

500

Co...

returns

26 Weeks Ended—

2,283,822
£,833,105

transit..

liabilities

Gom. stock, no par value

the

life

banks—unsecured

payable—trade

Common

1,'503,843

$

Minority shareholders' equity in subsid. cos
$5
cumulative 'preferred
stock, no
par
value

said

surrender of

to

Hartford

19,773,751

1967

sundry

Reserves for

District

Net

*4b

1

interest

Unsecured promissory notes
in 1951c

huge

contra)

(per

—

payable

Earned

1,540,338

—

An

Viering &
Weld & Co..

126,662

"1%

fund

Prepaid insurance and other deferred charges

5%

118,175,165 117,721,268

tax
notes—1949, $16,340,648; 1948, $20,530,3981—
Foreign taxes

•

Whaples.

operations

for Fed.

Prov.

200,941
5,196,058

incl.

Reserves for

of

—X——X_—_L——_ 425,764,946 424,954,317

Drafts and acceptances for rubber in
Foreign bank loans and overdrafts

T

1948

4,124,348
12,872,588

197,536

Reserves

60,'641,940
163,772^003

i

LIABILITIES—

170,

500

$2*1.26,763

policies

Preferred

47,744,338

,

66,071,799

Accounts payable, accrued
payrolls, etc

—V.

7,800

Co

sold, shipping, selling,

and

income

Profit

3,392,120

-

——

assets..

Reserve

30,758,643

■

of foreign excess
plants (net)

and

,32,767,917

....

Goodwill, patents and trademarks
Deferred charges to future
operations..

^

(net)

Other

30

84,201

$

166,387,286
1,554,697
profits taxes.
1,257,195

investments

Postwar refund

below

500

Corp.

&

131,131

—V.

$

"

Treasury securities...

Miscellaneous

Properties

Capital

JUNE

109,099

Advance

companies)

June, 30,'49 Dec. 31,

Accounts and notes receivable
(net)
i
Inventories (at cost or market whichever is
lower

;

disccunts,

less

Cost of goods

$1,532,727

$1,700,505

SHEET

$1,186,788

receivable—trade

insurance

Total

and

.•

(3%,

Walker

CONSOLIDATED BALANCE SHEET

-

Accrued

BALANCE

'V? 109,408

■

United

500

7,800

_.

Securities

White,

9,800

300,000

_X 12,940,169

current

Other

American

$2,728,000 which was offset by a reserve
investments previously appropriated.

ASSETS—

£a!£
United

14,500

.

i

——

Brothers

H.

G.

Co.,

allowances

admin,

1949

Accrued real

$6.59

'

.300

Co..

Heinz Co.—Special Offering—A special offer¬

sales,

and

price

1

Accrued

2,573,199

amounted

'

160,000

declines
contingencies

accounts

Accounts

15,088,189
1,519,635

6,195,738

share..

com.

amount

11,601,416

2,165,002

stock

arising

countries
like

1,045,000

Total

4,000,000

stock.

pfd.

common

&

Hershey Chocolate Corp.—-Earnings—
Gross

$3,132,727
1 127,700
172,300

$2,905,565

tax

Reserve

8,133,358/' 14,191,648

$5

$2,074,925

—_

surplus

and

Notes

& excess

surplus
on

'■<

601,487

Tifft

Total

Profit carried to earned

Divs.

54,150

taxes..

inventory

Other assets,

6,316,965

*

Divs.

69,912

LIABILITIES—

3,998,352

•

105,698

1

'

taxes

t

$3,078,577

746.600

—_

other

Compensation

822,135

-

taxes.....

income

^profits

17,268,473

$2,835,653

——

Cash

5,444,949
33,141,979

Rrov. fofr foreign invest.

Foreign

20,125,599

ASSETS—

Other

741,629
14,425,000

•

16,502,355

$1,969,226

Inventories

^'

'

'<

729,947
11,250,000

income

500

Co.—

ing of 5,000 shares of common stock (par $25) was made
on the New York Stock Exchange Sept. 13 by Wertheim
& Co., at $36 per share, with a commission of 80 cents.
The offering was oversubscribed.—V. 170, p. 304.

1947

-•

Co

&

Scranton

170, p. 983.

(H. J.)

$22,961,252 $20,347,050

etc. $18,471,581

500

9,800

14,500

500

Profit from

Notes

-

'■•'V""'.a

$

8,716,511
41,330,390

interest.

—V.

Morris

Rybeck &

Corp.

Union

500

&

S.

W.

ties

500

Clemence

•500

Barney & Co;—
Smith, Ramsay & Co., Inc
Stone" &
Webster
Securi¬

14,500

Co

9,800

Inc..

Co.,

Smith,

7,800

Dillon & Co.——

&

Peabcdy & Co
Stanley & Co

H.

Chas.

9,800

—

Inc.

earnings for the

1948

1949

(net).

income

for

Balance

9,235,000

S.

the business,

Wm.

500

Co

Gaynor,

an

386,867
4,380,000

U.

of

expense—

income

and

companies)

^ •yi'

9,647,024
42,813,095

_____

Minority

1948

2,055,003

&

$1.57

Robert

500

Fahnestock & Co

14,960,071

$0.46

Land,
_____

500

—

&

Kidder,
Morgan

6,800
5,700

Eddy Brothers & Co

-

4,373,982

$0.33

income

income

Wisconsin

89,300

313,222,019 348,092,146 318,323,531 284,487,425"
241,808,320 263,402,121 241,880,533 204,506,579

_______

sales

530

Co.——

500

Ripley & Co,, Inc.

Bros.

500

&

Eastman,

adminis¬

general

and

income

Federal

311,823,235 346,079,544 316,467,215 282,736,171
1,398,784
2,012,G02
1,856,316
1,751,254

——

income

of

subsidiary

T,

•

____

income

foieign

1949

-

V-1'

....

and

3,870.383

3,206.299

v.//

Kennedy-Peterson, Inc.—

9,800

Co

&

Hincks

Six Months Ended June 30—

Goodyear Tire & Rubber Co., Akron, Ohio—Earnings

•6 Mos. End. June 30—

1,467,989

-

nature

selling,

CONSOLIDATED
3

&

Buell

C.

Drexel

usually materially less than for the last half.
TV
rv'i-.-T'.'^'1 -'

less returns, allow.,

sales,

Total

1,314,296 shares at $102,378,303, less 5,976 shares in treas¬
$300,110, and intangible capital assets, namely goodwill,
carried

of

tration

cost,

trademarks

797,050

of

—

number

Griggs Co

Harriman

500

Bradley & Co._

Judd

F.

R.

500

—

Inc————

Co.,

M.

The

14,500

Co

Burr, Inc.
—
Cooiey & Co
Day, Stoddard & Williams,

18,830,454

share—_____

304.

p.

Operating

266,439,061 257,803,227

and

11,811,880

5,841,971

the

■

41,203,100

76,536,836

^—

—

patents

4,798,231

Six Months Ended June 30—

Cost

613,000

issued

stock, without par value—
Income retained for use in the business

170,

Gross sales,

569,000

___——

par

&

Coffin

Harnischfeger Corp. (& Subs.)—Earnings—

its

and

company

—

stock

to

by public

common

per

NOTE—Due to

($20,037,675 at
retirem't
annuities

cover

jointly

addition

in

applicable

11,420,019

15,584,936

♦Common

;

646,680

32,456,156
1,813,822

4,003,349

first half of the year are

—V.

reserves

shares

■

Robert

785,562

income applicable to stock of
Greyhound Corporation.—

the

Earnings

subsidiary

replaeem't cost

company

preferred

412,031

^3,537,589

blyth

&

Jcburn & Middlebrook, Inc.

subsidiaries held

13,436,876

41,464.000

taxes

a

employees
$5

2,300,635

11,286,882

2,957,301

follows:

No. of

& Co

Estabrook" &

inventory price declines,
foreign losses, conting. and other purposes-

31,

1,065,266

deductions

income

Net

possible

Dec.

Erairtard

7,746,212

—

income

Net

21,195,834

——

for

Reserves

purchased

14,418,472
28,918,567

allo¬

(noncurrenti

of

Reserves

insurance

5,237,199
8,986,247

Provisionforinccmetaxes

74,344

457,196
16,656,150

——

I.ills

Treasury

mortgage bonds

note

Reserves for

Austin

6,680,946

—

income

and

underwriters
as

are

Shares

Co.——

Andrews

L.

7,652,245

mcomc

Total

257,803,227

&

T.

3.

Edward

837,255

1,948,000

payable and accruals.—:
Long-term debt payable within one year

by each
Shares

Inc. '

L—

Accounts

ZVu%

Putnam
E.

151,820.405

'

loans—foreign

2%%

:■* $

■

■

69,284,393

the

of

names

be purchased

to

No. of

~

1,458,839

shares

'

83,507,839 195,157,444

1

Operating revenue

Income

accrued,

$

86,121,111'

71,787,920

—

Depreciation
Net

256,433,061

Taxes

of

229,563,685 494,953,890

unamortized

and

LIABILITIES-Bank

224,405,640

Operating revenues
Operating expenses

and

leasehold

UNDERWRITERS—The

12 Mos. End.

2,629,043

81.060,143

reserves)

buildings,
machinery,
equipment
improvements (net).

Bus miles operated
■

V, 402,400

93,777,781

Monday, September 19, 1949

Subs.)—Earnings—
—Six Mos. End.—

56,865.827

57,630 561

(net)

CHRONICLE

June 30,'49 June 30,'43 June 30, '49

20,730,453

301,702

-

.*

receivable

;

Investments

Land,

bills..—
notes

(&

FINANCIAL

$

»

securities—foreign

and

&

1948 ;

v',.'

v

$

22,606,503

—

Marketable
Accounts

Greyhound Corp.

1949
r

COMMERCIAL

stock" to be sold

filed
on

with

behalf

the
of

SEC

Errol

Co., San Francisco.

covering

MacBoyle

Volume

170

Number 4839

THE

COMMERCIAL

CHRONICLE

FINANCIAL

&

(1083)

7

*
Illinois

Bell

Telephone Co.—Earnings—

Period End. July 31—

1949—Month—1948

Uncollectible

oper.

Operating taxes
Net

—V.

127,008,241

61,844

49,108

396,077

:

14,534,708

102,749,076
15,606,230

996,800

8,256,858

835,735

746,438

5,496,229

''Land,

at

cost

volved

said

are

of

Chicago

RR.—Bond

and

offered

trust

in

bond,

&

4s

Plan—

Terminal

1951.

Illinois Power
12 Months Ended

Total

operating

Power

possibly
170,

the

1953,

current

emulative

1951

and

bond

will

Earned

in the form of a 3%% collateral
adjustment to the maturity of the

3V2s

and

5s

that

are

a

of

new

s

Other

1949

Provision

Net

received

Total

income

Preferred

3,206,100

$8,287,700
Service

$7,220,219

45,000

30,000

Co.

,

1,747,183

applicable

to

stock

com:

______

$6,452,350

Uncollectible

$3.37

$2.92

Superior,

Telephone Corp.—Earnings1949—Month—1948

Operating

1949—7 Mos.—1948

$375,739

$347,350

$2,609,179

751

695

5,218

fev._

oper.

$2,328,059
2,674

$374,988

__

$346,655

$2,603,961

268,683

1,970,619

1,823,578

property
for

have

of

lease

1,235

50

50

350

Corp.—Appointments

of

appointment of T. *
Electric
Accounting

the

announced

the

District

Manager

43,478

40,272

333,830

265,467

income

$30,488

$37,650

$299,162

$236,990

after.charges.;—_

9,880

21,938

176,174

132,397

olrectots

The

170,

at

also

P.

of

who

Lovell,

Endicott,

made

49,366

has

appointed

been

Co.—Dominion

Lines

won

the

the award Sept.

14 of $2,970,000 2%% equip¬
certificates, due $198,000 annually Sept. *15,
1964 inclusive. -Issued under the Philadelphia

accounts—

10,264,791

taxes—

1,247,408

1,212,368

870,270

1,895,526

1,726,919

1,315,141

$2,107,310

$2,032,240

$1,503,490

812,225

811,981

796,113

earns.

$1,295,085

$1,220,259

$707,377

beginning of period

7,857,184

5,883,706

4,815,732

435

3,476

for

or

to

Sept.

profit

I

to pfd.

and

declared

sale of

on

in

to

of crude oil, from

50,000

of 24 Cents—
final quarterly dividentf dis-

a

1949.

16,

payable on Sept. 29
Of this payment, approxfrom profit on the saie. of

fiscal

fiscal

year,

compares

with

year.

group

$7,107,441

561,415

560,000

$3.49

$3.36

COMPARATIVE

and

/ 1

issue

The

awarded

was

a

bid

of

received

for

the

on

99.1753,

net

a

Lehman

99.023.

offered

(jointly)

tc

as

Belt

Harbor

that

99.433

interest

cost

be

severally

payment
to

RR.

the

of

Pacific

&

York

Central

RR.»

of

companies

in

Michigan

20%;

30%.—V.

RR.,

(Inc.),
Curtis

170,

the

finance

to

doubtful

construction

company's

program.—V/ 169,

Chicago Milwaukee St.
RR., 20c; and New

Central

company

Industria Electrica de Mexico, S. A.—To Increase Cap¬

italization, etc.—•
Holders

000

at

through

(Mexican)

stock

and

a

of New
special

been

notified

the

by

the

Chase

York,

stock¬

as depositary, that
general meeting on Sept.

22

to

(Mexican) to $75,500,-

issue of $25,000,000 (Mexican) of pre¬
the
authorized mortgage
obligations

to $50,000,000

(Mexican).—V.

170,

p.

7 filed

company's

the

Miami, Fla.—Files—

a

Sioux

stock.

Iowa

1949

.

sales --—
Cost of goods sold-—

Depletion
Depreciation
of

Amortiz.

—___

—

—

>

patents and

and

Selling

—

/

1948

?.

1947.

93,244

93,244

'

'

4,140,743

3,598,793

income

Sioux

company's

surviving

share

of

share
in

basis

City

stock

common

exchange

for

common

the

will

258,995

70,312

bonuses, etc.——
1
and inventory) valuation

obsolescence,

automobile

Preferred

1,360,248

2,883,311
1,343,644
750,000

taxes

accident

other

and

750,000

self250,000

250,000
7,500,000
_______________

Accumulated earnings
Preferred stock in treasury,

at cost

5,963.884

9,152,704

stock

7,500,000

6,022,672

stock

Common

$4,258,401

,

69,305

3,246,825

local

salaries,

wages,

for

$4,233,099

accrued

payable—.

and

.insured" losses

7,107,441
:

105,973

(Dr)

8,272

,

$32,478,880 $30,118,521

Total,

-V.

.

170,

'885.

p.

Kalak Water Co. of New York, Inc.—Elects
corporation;

<•

A.

Killeen,
York

New

Adrian
At

the

and

Peter J.

meeting

a

Mr.

firm),

-•

/'

-

■

new

as

Vogelbach

'

•

directors, the following officers were
President, F. K. Diefendorf as Vice-Pres¬
Vice-President and Mr. Morgan as Secretary

the

of

F.

'

'

-

Co.,
and

(senior partner of Peter Morgan &
Dwight Foster, Robert Vogelbach

Morgan

Killeen

Mr

Directors

under new ownership,
announces
a
change in
election of the following .new directors: Wilbur

investment
Burke/ /'

P.

elected:

as

Treasurer.

1

•

-

-

for the past 22 years has been Vice-President of John
corporation manufacturing carbonated soft drinks.
Mr.
was formerly with The Crucible Steel
Co. of America apd
Mr. Vogelbach has been with Kalak since 1920.—V. 170, p. 984.
Killeen

Morgan,

a
Diefendorf

Gross

Knott Corp.

(&

Subs.)—Earnings—

Gross

buildings,

income

'Minority

stockholders

the

/ 1949—Month—1948

ago.—V.

170, p.

206.

Decline—
1949—8 Mos.—1948

$12,407,104 $12,876,873 $95,988,050 $95,556,482

—

operation Aug. 31, 1949, against 248 a year

254 stores in

were

$3.13

$2.99

consolidated subsidiaries —V.

of

Period End. Aug. 31—

There

$543,885

(approx.)—

(S. II.) Kress & Co.—August Sales

.

50,508

$513,824

net income

Sales

299,000

19,630

equity

income

Earnings per share
'•■In

$1,214,810
321,417

277,000

etc

taxes

6,855,730

$1,174,124
363,670

profit

Depreciation,

$8,070,540

9,223,008

costs

Estimated

Net

1948

1949

$10,397,132

income

Operating

692.

170, p.

Bryant, Inc.—August Sales Show Decline—

Lane

Period End. Aug. 31—

1949—Month—1948

—V.

170,

p.

1949—8 Mos.—1948

$J,405,912 $32,501,209 $34,048,051

$3,123,807

Sales

595.

;

....

^

filed

Sioux

in

■

City,

S.
of

___/

1949
1948
$12,195,475 $10,292,365
6,250,728
5,469,965

-

--

9,575,982
102,883
304,071

9,250,22#
85,231
264,10#

..

1,085,897
595,739

1,231,736
taxes

859,417

—

Federal

taxes

other

(less

Income

Total

Net

747,091

868,318

:

__

taxes

income

$1,184,842
22,453

$1,405,062
47,521

$1,354,582

expenses)

$1,452,583

$1,384,109

___

j

—

29,527

460,000

552,000

526,000

$747,295

$900,583

$858,109

490,338

490,338

490,33a

$1.52

income

on

$1.84

$1.75

(est.)

698,109

800,626

____.

income

8,683,229
131,835
296,602

1
:

Operating profit
Other

1947

$10,296,508 $11,387,998 $10,954,151

$1,207,295

Depreciation

INCOME ACCOUNT

.

revenues

Depreciation

—

—

Cost of products sold—;

Selling and administrative expenses

^;

1948

1949

July 31—

sales

•

„

8, an application with the U.
Iowa, for approval and enforcement

Sept.

12 Months Ended July 31—

General

Lakey Foundry & Machine Co.—Earnings—
9 Months Ended

Net

counsel

Court

Operating
Operation

86,067

(The)

6 Months Ended June 30—

stock now outstanding in the hands of the
presently owns 510,070 shares of common stock
amounting to 66.3% of the outstanding shares of the Iowa
stock. Under the plan, the Iowa shares held by Sioux City

(Subsidiary company not consolidated)

$6,141,585

89,377

./'■ "/ 1

6,936,735

common

Federal

—;

T

•

$5).

now
for each

COMPARATIVE

2,986,518

$7,0.95,743

67,849

profit-

operating

Other

___

1,822,709

'
;

dividends

Res., for

City

the merger plan.-

93,244

$7,879,603

administrative expenses

the

for

share

total
authorized
issue of
941,987.2 shares of the
will be issued to the holders-of
outstanding on the basis of 2.2
a

(par

stock

stock
stock

of

shares

Maintenance
Net

281,600

1,782,110
8,961,458

prepaid exps.
(less deprec.)—

$32,478,880 $30,118,521

Accrued

utility

have

slock

common

common

cancelled.

be

District

$53,394,760 $50,123,269 $41,302,250
38,757,418 37,158,689 30,284,418
124,018
163,148
242,647
2,052,782
1,633,337
2,281,105

processes—

12,723,197

281,600

—

&

accounts)

LIABILITIES—

Yankton

will

common

common

Iowa

Commission

"r

of

a

Sioux

common

ENDED JUNE 30

on

of

public.
of

City
new

258,995

shares

will

Net

of

issued

be

International Minerals & Chemical Corp.—Report—
CONSOLIDATED INCOME ACCOUNT FOR YEARS

•2,551,430

.

Preferred

Nebraska

and

Co.

company

shares

shares

Sept.

on

-

-

allow¬

Accounts, payable

Mr.

'

surviving

2,500,000

letter of notification with the SEC
for 12,000 shares ($10 par) common stock, to be offered at $25 per
share.
Underwriters, Atwill & Co., Miami Beach.
Proceeds will be
used to complete formation of a stock insurance company.
company

public

system,

Service

surviving

Insurance Co., of Florida,
The

minor

company

Public

The

305.

three

remaining

Iowa.

of

increase

to

iMexican)

$25,000,000

from

City

asked

the authorized capital from $50,500,000

increase

ferred

the

of

be

have

shares

American

of

Bank
will

holders

Co.—Merger Approved—

subsidiaries of the Sioux
Public Service Co., South
Gas Co.
the securities of
which
are
wholly-owned
within
the
Sioux
City
system,
will
be
liquidated antF\dissolved and their assets transferred to and their
liabilities assumed by Sioux
City. Pursuant to the plan, Sioux City
will change its name to Iowa Public Service Co.
Under the plan of merger, the surviving company, Sioux City, will
assume
the outstanding bonds and notes of Iowa,
including $700,000
in notes
and
$20,250,000 in bonds. Sioux City, upon assuming the
Iowa mortgage, will issue
two new series of bonds thereunder in an
aggregate amount of $8,920,000, to be exchanged for the two series
of Sioux City bonds presently outstanding. The new bonds will have
the
same
interest
rates
maturity
dates, and redemption
prices as
the bonds for which they are to be exchanged. The preferred stock
of Sioux City will rmain outstanding; but the holders of the 42,500
shares of 3.75%
cumulative preferred stock of Iowa will receive,
in
exchange
therefor,
a
new
series of
"3.75%
cumulative preferred
stock"
of Sioux City
($100 par), on a share for share basis;' The
new
preferred stock will have the same dividend rates, redemption
and
liquidation prices as the presently outstanding preferred stock

application

National

Service

on

holding

Dakota

has filed with the Indiana P. S. Commission an
for authority to refund $32,000,000 of 314% bonds issued
1940 and $8,000,000 of 3V8S issued in 1948—V. 170, p. 106.

The

(less

-

ident,

Public

SEC

The

City

884.

p.

•

•

Co.

guaranteed byIndiana
each of
ownership proportion,

stock

•

11,980,121

customers

Total

have

Sept. 8 approved as "fair and equitable" to all classes
of security holders affected,
the amended plan for merger. of Iowa
Public Service Co. with and into its parent, Sioux City Gas & Electric

Light Co.—To Refund Issues—

Indianapolis Power

in

used

The

-

-

;

to

Property, plant and equipment

3%%

Plans

Iowa

unconditionally

namely: Chicago & North Western Ry., 20%;
Paul

Hall & Co.
Jackson
&

doubt-

Goodwill;

Res,

$5,802,849

$6,869,232

for

profits taxes

excess

advanced

for

ance

-

of

2,604,358

Claims for refund of
Premiums

company

1991.

p.

These

value and dividends by
100%
thereof, and by

par

extent

proprietor

company's

2%s.

as

the certificates as 2V2s.

for

v/ill

certificates

These

endorsement

certificates

Bros. & Hutzler, 99.138; Harris,
Brothers
and
Paine,
Webber,

Salomon

by

were

were

$2.46

July 16,'49 July 17, '48

_

allowance

Inventories

and

bids

other

Two

securities.

ful accounts

■

560,000

.

Estates

SHEET

'

,

receivable,'. Jess

management

2.487%.

of

BALANCE

,

marketable

Accounts

has asked FPC authorization to issue $1,250,000 of *
first mortgage bonds, series B, to be dated Sept/ 1,
been
made
to
sell
the
issue
to Massachusetts ■
Mutual Life Insurance Co. at 101 and accrued interest.
Proceeds are •
The

1949.

be

$5,150,070

$9„152,704

share—_____

E.

were

25-year

•to

Dr378,877

outstanding—

common,

ASSETS— '

Cash

This

& Co.

______

^

'

Iowa Electric Co.—To Sell Bonds Privately—

Otis & Co.; The Illinois Co., and Freeman

were:

5,838

re¬

earnings at end of period

•

plan, the certificates were reoffered, subject to authori¬
zation by the ICC at prices to yield from 1.30% to 2.75%,
according to maturity. Other members of the offering

with

■^Including estimated contribution to Jewel Retirement
$512,079 in 1949, $476,163 in 1948 and $307,736 in 1947.

,

Crabb, President, reported that net assets as of Sept. 8,
$154,487,007 with shares currently held by more than 73,000
shareholders.—V. 170, p. 6.
! ' '/
..
1949

treasury stk.

com.

2

per

paid, in
//.

cents

70

accum.

connection

shares

Canada.

of

at

earns,

Accum.

24 cents per share,

Sept.

shareholders

com.

transferred

Earnings

100,000

14

benefit of

/;

Common

Construction of the line, which will
barrels a day, is expected to be
See also V. 170, p. 984.

record

the

financing

day.

a

current

preceding

Earl

trust

July 12, '47

$89,392,908 $79,810,824 $66,032,251

52,078,559

: ;

fiscal year of
of

the

for

$1.53

12,220,324

Adjusts,

quarter. Payments previously made this year were: Jan. 21, 12 cents;
April 21, 14 cents; and July 21, 15 cents. The total of 65 cents per
share

$2.47

(319,331 shares)

62,618,973

to

Adjustment

7V2 cents per share was derived
securities for the entire fiscal year, and approximately I6V2
per
share from interest and dividend income during the final

cents

RR.—Equipment Trust Certifi¬
cates Offered—A group headed by Halsey, Stuart & Co.

589,962

$490,102

13,617,249

Accum.

.

appointment

imately

Belt

572,570
$787,535

{ July 16, '49 July 17, '48

share

47,964
$31,524

70,525,415

Net

portfolio

Harbor

Indiana

$1,080,064

691.

doubtful

Divs.

Y.

N.

the

cutting the import

about

on

stockholders

to

787.

p.

of

for the

tribution

operating

24,137

$1,360,105

Detroit,

at

Investors Mutual, Inc.—Final Dividend

350

22,837

$79,488

$64,785

common

p.

Federal, state

-

1,572

$114,151

State, local and other Federal taxes

Wis.,

capacity

a

$1,055,927

■

Estimated Federal income

oper¬

Operating taxes

1950

16

previously

Gordon

School
was

completed by next fall.

Crl.000

______

ating property

Inc.

succeeds

currency a year,
about 14,000 barrels

to

$1,337,268

;

employees

169, p. 2104.

Manager

was

U, S.

$2,325,385

300,972

revenues

Operating expenses

ment

and

carrying oil 1,150 miles from Edmonton.
The Commissioners
were
told
by opponents of the plan that the
pipeline should be run through Ontario to the lakehead and thus
kept on Canadian soil, but officials of the company replied that such
a proposal was economically unsound and would mean that the pipe¬
line could not be completed next year as planned.
The Canadian proposal was overruled by
the board.
Construction
of the line, it was said, would save Canada: more than $30,000,000

Rent from lease of oper.

—V.

per

170,

/'Payments

granted. Sept. 12 by the Canadian Board; of Trans- '
port Commissioners to this company to build a $23,000,000 oil line '
from
Regina to Gretna,
Man.
From there the line will run
to •

691.

p.

Operating revenues

Net

Sept.

He

the JEM

$77,916

Products, materials, services, rents,
depreciation, maintenance, repairs

$59,897,750 $56,541,595

Approved Pipe Line—

$5,590,433

stock

common

Period End. July 31—

Net

1948.—V.

Interprovincia! Pipe

$5,590,433

133,167

(requirements)

of

528,000

$112,916

Sales and revenues

of Oliver Walker
as
Assistant Electric Accounting Machine Manager in the New York
sales office. "He was previously on special assignment at IBM World
'Headquarters, / //■ ■
The appointment of Paul F. Steinkuller as Assistant IBM Manager
of customer engineering with headquarters
in New York was also"
announced. He was previously IBM Manager of customer engineering
in Chicago.—V. 170, p. 983.

1,659,786

$6,585,517

—

Indiana Associated

Rent

11,637,629

and depreciation

Sales

as

Announcement

$7,250,219

____

Learson

Dean

552,500

income—

Bal.

Mr.

2.460,449

809,309

44,000

Jewel Tea Co., Inc.—Earnings—

Mich.

2,151,142

3,742,000

Public

_—

Earnings per share of
170,

7,973,531

935,335

earnings—

Permission was

Balance

—V.

Division.

2,947,250

taxes.

Kewanee

dividend

in

on

Learson

$8,332,700

deductions

Net

income

revenues——

from

1948.

corporation

Machine

3,115,628

taxes

income

Gross

The

Vincent

1,310,0)4

343,050

70,637

28 Weeks Ended—

,

of $16,764,965 in 1949
tLess U. S. Treasury tax notes of $1,100,000.

depletion

$1,160,000

8,176;108

3,342,250

income

Federal

operating

Divs.

in

1,340,609

depreciation

for

and

9,033,598

than

1942„„____
I

for

8,371,707

resale

2,070,372

for

other

surplus, since March 31,

International Business Machines

1948

$39,303,864 $35,444,893

resale..

for

Maintenance

Taxes,

14,578,258

—

$15,757,051

3,948,769

488,350

47,500

earnings.——

Earned

15,162,882

i_*

_

surplus

1949

4,268,981

21,650

deductions—.

—V.

1,250,000
9,873,000'
3,948,900 v
14,562,246

1,125,000
9,873,000
3,951,525

.!

$100);.

(par

(par $5)

reserves

$6,685,055

330,106

81,785

income

Net

Co.—Earnings—

operation

Provision

12,000,000

____'

$7,582,434

taxes

Net

1949—12 Mos.—1948

$544,309

43,100

maint._

and

oper.

Other

'

Delaware—Earnings—

$620,733
335,432

(incl. $125,000 due within

preferred stock

stock

After

and

July 31—

for

liabilities

accrued

Total

RR.

787.

p.

and

1,107,236

—

year)

one

4%

Common

$11,400,000

1,305,527

12,000,000

loan, 3V*%
payable, 2%%

Notes

taxes

revenues.

taxes

Net

of

1949—Month—1948

Depreciation

$1,425,249
761,474
1,083,097

$793,322
income

Term

Capital

revenues

purchased

purchased

Other

Total

payable
Federal

in

Gas

$59,897,750 $56,541,595

exps.

Income

39,039,934
240,880'
478,976

827,808

1_

oper.

Oper.

/».".■
39,985,068
147,637

_

Other

of

Expectations

interest

some

issues.—V.

3'/2s

Orleans

New

of

exchange,

plus

outstanding

and

Louis

Memphis Division
be

142,280

machinery

building,

(net)—

processes

tAccrued

be the
refunding 4s and 5s of 1955, of which
outstanding at the close of last year, $18,400,000

Division

St.

171,834

Total

,

_

properties,
equipment, etc

Total

to

were

Louisv.lle

8,964,'483

is

whichever

Southern Utilities Co.

Period End. July 31

LIABILITIES—

Central

$23,900,000

market,

or

Prepaid expenses and other deferred items

/i A plan to take care of several nearby bond maturities of the road
is expected in bond circles to be announced
shortly.
The issues in¬

of

2,771,983

(net)———

1

Accounts

Illinois

1948

$4,602,177
3,072,865

9,954,080

receivable

;

Patents

787.

p.

accounts

mineral

and

7,634,459
5,622,709

income

Iowa

30

1949

<

..

Investments, etc.

13,364,242

1,268,464

and

lower

98,849,463

1,605,852

.

Inventories

286,092

"

JUNE

SHEET,

$6,039,340

Notes

120,134,256

2,266,362

charges

170,

ASSETS—
Cash

1?,137,360 126,612,164 119,848,164

18,287,148
14,752,322

;

______

operating

after

17,186,468

rev.-

Operating
revenues—
Operating
expenses
;

Net

18,348,992.

reevnues—.

BALANCE

f

®K'K'•

]y .$ i'-'v/ /K/ $
Operating

CONSOLIDATED

'

;

1949—7 Mos.—1948

profit

Common

Earned

—

shares

per

outstanding

—

share—$

.

Total

income

Interest
Loss

expense

sale of

on

Premium
Federal

on

—_

term

debt

350,281

taxes

244,353

Net

Other

131,307

93~811

retired
1,965,000
—

1,640,000

110,000

___.

taxes

CONSOLIDATED BALANCE SHEET, JULY 31

$6,227,652

451,435

——

$7,185,120

securities——______

long

income

Other Income

$7,947,452

_______

—

85,000

Gross

1,950,000
\

Total

75,000

$5,421,017

profit

lividends

•ividends

iarnings

on

preferred stock—,

on

common

per

common

stock

share!—„




•

$5,016,028
1,261,698

1,018,277

$6.36

$5.85

$4.35

$2,202,351
605,845

$1,716,423
658,120

/

$1,596,505
159,381

$1,058,303

:

income

1

preferred stock

159,382

394,920

1,500.844

$1,695,562
20,861

•

-

deductions

Dividends accrued on

$3,826,992

394.920

income

income

$2,184,647
17,704

.

i

394,920

-

S.

Government

Accounts

.

Balance

—V.: 170,

-

p.

575.

$1,437,123

'

securities

receivable,

less

—

reserve-—
—

—
—

Prepaid insurance and taxes
—-—
Cash appropriated for plant improvements—
Property,

'

1949

plant and

equipment

uuti.,

1948

$1,131,974

ASSETS—

U.

Inventories
Net

Net

earnings from operations..income (net)——

$1,963,696

1,100,400
516.743

1,269,160

612,157

871,740

31,923

>

2,224.930

1,793,540

$6,118,126

$5,906,740

$898,921
Total

8,610

500,000

8

:

(1084)

THE

«

of

LIABILITIES—
Trade

accounts

payable
accrued

—

and

payroll

Dividend

taxes

property

taxes

stock

70,544

62,631

122,585

122,584

676,964

737,e54

.

income

on

(est.)

Reserves for employer's liability
insurance
Common

210,455

—

value

(pr.r

$1

65,200

1,174,790

3i, 1935

the

Total

incorporated in Kentucky.
of Louisville Lighting Co.,
Gas Co. and Kentucky Heating Co. under articles of agree¬
consolidation, dated July 2, 1913.

and

ment

$5,906,746

tributes

The

stock

holders.

is

of

common

par

stock

be

to

not

of

shares

statement with the SEC
stock ($10 par)

of

common

sale

purchase pro rata by existing stock¬
will be sold at auction to holders
less than par, the amount received in excess

not

distributed

rata

pro

to

holders

rights

of

that

have

company

few

past

provide a larger capital for the
"in view of the growth of its insurance business over the
years, and
the extension of the territory in which it does
of

the

business."—V.

financing

169,

to

is

The

and

result

lower

The

lines

Lehigh

&

Terminal

Sullivan

RR.,

hanna &
&

for absorption are the Lehigh Valley Rail Way,
York RR., Lehigh Valley RR., Lehigh Valley Harbor

Mcntross

Yurn

New

Canal

Loyalstock

RR.,

&

RR.,

the

RR.,

State

Delaware,

Schuylkill Rail Road, Easton & Northern RR. and

Lehigh
The

14

Pennsylvania &

Ry.,

Valley

RR.
the ICC that it

Line

&

Susque¬

Schuylkill

all

owns

now

the

capital stock of

these companies except for the Lehigh & New York RR., in which
Lehigh owns 99% of the preferred stock and 95% of the common.
The application said Lehigh will buy up the remaining outstanding
shares

the

of

York

New

of

$10 per share for

p.

885.

present

from

company

holders

at

the

rate

the preferred and $3.75 for the common.—V.

170,

"

; w

•

directors

company's

Sept.

electric

sales

deferred

13

CONSTRUCTION

action

the

on

for

expenditures

tion,

The

to electric

in

transmission,

connection

and

embraces

balance

declaration

of

a

with

Long Island RR.—Third Trustee Sought for Road—
County

petitioned
the
Interstate
Commerce
Commission
appointment of a third trustee for this bankrupt
majority of the trustees would be free of prior obliga¬
tion to the Pennsylvania RR,, the sole owner of the Long Island.
One of the present trustees is David E.
smucker, who was general
manager
of the Long Island for a year prior to the start of the

and

extensions

distribution

In

properties

necessary

the

amounts

above

additional

make

to

necessary

to

approximately $6,200,000 in

for

18

before

years

and

2

that.

who

The

worked

second

for

trustee

the

is

parent

Hunter

L.

Delatour.
The

the

amortization

County

Sprague and Orrin
that

before

petition,

Q,

can

inter-company agreements
and

the

County

by

Executive

J.

Pennsylvania

special counsel for the county, declares
be intelligently proposed'"the effect of
and relationships between the Long Island
its

and

affiliates

must

be

thoroughly

and

im¬

partially investigated."
The

of

consideration

dollars

decisions

agreements, which involve many millions
the petition asserts,
"must be the subject of
beyond
any
suspicion of prejudice or adverse

annually,
which

The

are

Commission

face

Smucker,
could press

the

of

have

been

fact

his

told

was

Mr.

actions,

the

of

interest,"
that

who

that

it

has

matters

he

superiors

that

now

these

would

for

would

"unrealistic

control

of

to

the

cash

with

in the
officials who

and

years

may

again

who

Originally,

be

his

Federal

Judge

Harold

of the Eastern District
three trustees, including the
present trustees and
James D. Saver.
The Commission, however, rejected the third trustee
in. an order April 5 on the
ground of economy.
New

Kennedy

York named

The

Nassau officials declared it was doubtful that
Judge Kennedy
have appointed an officer of the railroad as
one of the trustees
if he had thought the Commission
would restrict the trustees to two.
In support of
this they pointed to a memorandum in
which Judge
would

Kennedy said there
muters

the

over

widespread public dissatisfaction

was

aiiiliation

the

of

Long

Island

and

Pennsylvania

Railroads.
"And

it

is

com¬

among

clear, to. me at least." Judge Kennedy said, "that the
pending reorganization, should be such that the com¬

management,
munity as a whole w.ll ieel that its
peculiar interests are in competent
hands and will be taken into
consideration at every stage of the pro¬

ceeding.'!
The

,

Commission

accept the
it

or

be

•

can

it

Judge Kennedy

of

one

order

can

the petition.

grant

up to

do

may

petition,

to

a

three

Should

the

the

name

things.
request

third

be

refuse

can

for

oral

170,

it
p.

would
984.

Louisville Gas & Electric Co.

(Ky.)—Stock Offered—
Lehman Brothers and Blyth &
Co., Inc., headed a pur¬
chase group that offered
publicly Sept. 14 250,000 shares
of r common stock
(no par) at $30,375 per share.
The
group

Sept. 12
The
and

awarded

was
on

stock

no

the

stock

at

competitive sale

on

its bid of $29,765.
sold

was

portion

of

to

the

group

by

the

Glore,

per

Forgan

share; Merrill Lynch. Pierre, Fenner &
Beane,
The,, First Boston Corp., $29.4056 per share.
LISTING—The
The

common

',..vw

stock

is

listed

the

on

New

York

chase

the

been

net

for

3Vu%

Louisville

Lightin"

1,

5s

i'

1953._

Corp.

cum.

($100

cum.

($25

Common

stock

The trust

V

at

3,850,000

after such

issue,

2,630,000

;

is

20,000 shs.

„.

par)__

not

that the

limited

time If the total
would

in

780,792 shs.
1,068,703 shs.

2,000,000 shs.

Indenture states

any

976,000

11,740,000 shs.
pari
par)

(no

thereunder

issued

8,000,000

$4,000,000

3»/8s.

stock

5%
5%

issued

first

____

Preferred

1949

$28,000,000

1978, 3%—.

Co.

Transmission

1967

30

Authorized Outstanding

1966

due March

Louisville

be

SUBSIDIARIES), JUNE

refU„dlne bonds-

aeries due

Series

any




amount of

except

that

amount

event

1951

that

it

expenditures

to

meet

construction

proceeds

bank

of

exceed

no

bonds which mav be
further bonds shall

bonds
the

to

limit

be

of

outstanding:

indebtedness

Sell

Service

The

Lehman

expenditures

the

during

The

$8,000,000
sale

expended

of

for

property

depending

on

stock

common

of
the

or

of

names

the

several

principal

underwriters

severally to be purchased by each

The

for

the

Hornblower & Weeks

Indianapolis
Share

16,000

Bond

Co.,

Bond

to

meet

Inc.

2,000

5,000

Lee

Higginson

he

stockholders at

proceeds from
of

expectation
winter

the

Oct.

on

13

will

the

year is out 25,000 shares
approximately $300,000, to

of

price

a

load

of

proposed

be

to

fixed

in

the

light

financing will be used to

7,500-kilowatt

a

that

this

plant

steam

will

be

plant
in

at

Caribou,

operation

in

pay

Me.,

time

to

1950.

the construction program for 1950 would
be financed
present plans by the sale in 1950 of debt securities.

The directors
the

on

year.

and

April

L.

H.

stock,

like

A

Sept.

on

capital

1949.

In

1948,

14 declared

payable

amount

the

"For

the

months

12

to

share

per

of record Sept. 22,
1, the only other payment
disbursed 40 cents each on Jan. 2

on

July

connection

ended

cents

holders

July

in

Alline, President,
dividend, said:

current

dividend of 25

a

1

on

company

and 25 cents

l,

Oct.

paid

was

1.

July,

with

1949,

the

the

declaration

for

the

of

the

com¬

per share, compared with 85
1948."—V. 170, p. 886.

cents

earnings

pany and its subsidiary were $1.77
for the 12 months ended
July 31,

Maritime Electric Co., Ltd.—Partial
RedemptionThere

have

of

the

sinking

at

101

and

been

called

for redemption on Oct. 1,
next, for account
$16,000 of 4 Via %
1st mortgage bonds due 1956,
Payment will be made at The Royal Bank of

fund,

interest.

Canada in Halifax.
Charlottetown, Saint John, Quebec, Montral, Ottawa,
Toronto, Hamilton, Winnipeg, Regina, Calgary, Edmonton, Vancouver
or Victoria, Canada.—V.
168, p. 1147.

McDonald-Moore
Berwyn

3.000
21,000

O'Neal,

of

Michigan

Corp.-

Goldman, Sachs & Co
Harriman

Ripley

Inc.

T.

Gross

Inc.

Ridgway, Newsome &
21,000

Smart

Hemphill, Noyes & Co

14.000

Stein

J. J.

20,000

CONSOLIDATED
Period End. June 30—

Operating

Co.,

Maintenance
of

ited-term

Total

20,000
1,000

than

income

income

Gross

42,340

$1,766,502

Other

$1,733,542

$2,533,693

deductions
normal

366,226

23,839

582,000

451,000

905,000

52.348

27,483

58,359

$977,862

$888,833

$1,546,495

$0.57

and

$0.52

surtax.

share

1949—12 Mos.—1948

738

738

1.498

821,523

1,642,000

1,331,000

110,000

93,000

1,637,708
3,130,000
213,200

taxes

income

$3,181,459

$2,693,623

54,394

NOTE—Charges
included

above

$150,536

in

for

depreciation

amounted

to

of

property,

plants

in

$191,899

$206,921

1949,

CONSOLIDATED

Cash

155,468

(demand

income

$3,315,881
948,227

deducts..

deposits and

1,526,538

Accounts receivable
Inventories

and

surrender

$4,921,000
395,985

461,821

BALANCE

office

municipal

SHEET,

$2,849,091

$6,511,636

$5,316,985

890,731

1,878,769

1,712,702

obligations—

income

$2,367,654'

capital

on

of

Canadian excess profits tax
accounts, claims, and advancesProperty, plants, and equipment (nett

(est.)

pfd.

par)
Common

100,000

100,000

.

($25
488,009

488,008

976,017

976,016

961,832

|

801,529

1,816,795

1,603,059

Electric output of this company. for the week ended
Sept. 10, 1949,
30,773,000 kwh., as compared with 39,542,000 kwh. for the
corresponding week last year, a decrease of 22.45%. After excluding

totaled

other

utilities, local sales increased
period.—V. 170, p. 984.

.04%

in

the

corresponding

and

formulae

140,949

(net)

1

1.478

2,521

759,950

898,926

$22,477,419 $22,163,056

LIABILITIES—
Trade accounts payable
Salaries and wages

$(553,184

Dividends

and

Royalties

other

taxes

interest

and

accrued

Period End,. Aug. 31—

Earned

1949—Month—1948

Sales

$7,035,999

201 stores in operation Aug. 31, 1949, against 200 a
year

•

Total

—V.

93,424

1,345,027

5,000,000

5,000,000

1,700,000

1,700,000

1,650.000

10,433,213

inventory prices

$1)_

(par $1)

surplus

1949—8 Mos.—1948

$7,286,410 $56,223,293 $56,578,493

118,899

92,144

1,135,296

11.323,631

(par

stock

50,913

1.650,000

decline in

for possible
preferred stock

43,283

125,382

accrued

Federal, state, & foreign taxes on income (net)
Notes payable to life insurance
companies, ma¬
turing on March 3, 1963

Common

364,000

69,171

accounts

257,512

54,948
364,000

payable

Property

$701,785

309,663

Payroll taxes and withheld income tax

Reserve

McCrory Stores Corp.—August Sales Lower-

were

96,293

6,062,986

1

Trade-marks, patents,
charges

4%

There

498,609

58,070

148,501
6,126,132

will

Other

Weekly Output Decreased 22.45%—

to

1,564,044
9,229,861

531,912

insurance

$3,604,283

50,000

1948

$1,359,491
2,309,375

1,372,652

life

Total

50,000

cum.

$4,632,867

30

(par

$100)
5%

$1,958,360

and

1948

7,223,393

value

Other

stock:

pfd.

cum.

JUNE

4,159,193

(net)

Deferred

5%

$0.92

equipment

$2,036,137

funds)

Refundable

Good

in

1949

Government

176,100

and

1947.

2,510,400

$6,049,815

134,422

$2,491,353

154,292

income

Net profit
Earned per common

ACCOUNT

833,083

inc.)

income

income

87,092

ASSETS—

taxes

operating

$1,646,450

64,721

Foreign and state taxes

Cash

other

$1,681,781

income

Federal

lim¬

&

invests

(oth.

Federal

profit

income

contractual

expend.

Taxes

3.0"O

Boyce

$13,851,932 $13,310,726 $27,281,481 $24,700,750
5,697,611
6,062,920
11,483,336
11,001,984
1,080,541
1,061,422
2,182,924
2,062,334
1,306,500 l 1,246,5C0
2,583,000
2,448,000

revenues

Depreciation
cap.

INCOME

&

Other

1,000

Wagner

1949—6 Mos.—1948

Operation

Amort,

&

Bros.

1947

5,000

Wilson-Trinkle Co.

—

Hilliard & Son

B.

1948

$12,028,854 $12,899,017 $13,251,264
7,176,915
7,908,698
7,648,598
3,170,158
3,343,869
3,111,313

Expenses

Co.,

Co.,

&

1949

sales

3,000

&

5,000

Alden

Net

14,000
Co

&

Moore

(& Subs.)—Earnings—

Cost of products sold___

Inc.

Co.,

&

Mead Johnson & Co.
6 Months Ended June 30—

21,000

Corp

3.000
2,000

Dupree & Co

sales

held

The balance of

14,000

Corp.

F.

Net

be

existing at the time of such offering.

installation

the

and

Kidder, Peabody & Co

Davis, Skaggs & Co

Total

present

conditions

net

with

No. Of Shs.

31,000

3l..ono

Brothers

Bankers

Net

meeting

an

of

loans.

Brothers

Almstedt

Total

to

market

of

remainder

construction

special

create

company! also plans to sell before
stock, par $10, for a total

offered

permanent

Blyth & Co., Inc

State

other

Dividend—

a

to

common

be

may

at

proposal

a

be

gas

aggregating

No. of Shs.

First

and

follows:

as

L

taxes

advertising space, etc.,
$518,075; amount payable

Co.—To Create Preferred Stock
Shares to Present Stockholders

Common

25-Cent

stockholders

on

of

requirements aris¬

earnings.

the

from
are

the respective numbers of shares

and
are

accrued

of

issue of 30,000 shares of
preferred
stock, par $20, which will be sold this year for
approximately $600,000.

determined.

UNDERWRITERS—The

—

400,000

$22,477,419 $22,163,056

—

168, p. 2543.

ago.—V. 170, p. 495.

Melville Shoe Corp.

Madison Square Garden Corp. (&. Subs.)—Ann.
Report
Operating
Operating,
tion

revenue

general

incl.

exps.,

-XX

;■<

1949'

•

1948

$6,569,767

,

and

Other

$7,445,875
i

par-

20,401,690

$7^668,387

:

Prov.

income

5,551,271

5,486,550

$1,894,604
47,680

$2,181,837

Cost

sales

of

82,483

$1,453,729
36,814

depreciation

$1,942,284
'

;•••

income

taxes

$2,264,320

69,859

X142,353

450,000

650,000

780,000

$737,342

Prov.

Earnings

$1,030,269

$1,246,026

660,397

660,397

per

share«L_--»i.-»_—.

$1.12

$1.56

31—

mated

$1.89

1949

depreciation
Federal

and

income

other

charges,

1948

$240,902

profit

After

the

store

regular

majority

of

dividend

usually

those

present

payable

of

the

voted

in

board

to

August,

selling,
33,811.500

33,752,416

493,618

303,233

180,742

215,000

215,000

210,000

22.809

22,353

158,607

$4,296,835

$4,653,976

$4,478,422

24.001

21,628

50.985

24,762

28,997

64,332

$4,345,598

$4,704,601

$4,593,739

1,738,240

1,787,717

1,379,155

$2,607,358

expenses

distribution

to

into

$2,916,884

$2,714,584

31,536,560

employees
pens,

plan

charges

profit

including
of

take

provision

it

directors

no

being

on

Miscellaneous

Net inc.

real

estate

opers

income

before Fed.

taxes

on

inc.

$366,403
for

Prov.

esti¬

taxes.

meeting

oper.,

admin,

Balance

Net

for

action

their

in
on

view

July,
the

1949,

Federal

dividends

a

Common

dividends

quarterly

Common

shares

that

in

the

income

taxes

income

Preferred
At

21,400,452

560,537

—

__

3 Months Ended May
Net

for

Miscellaneous

Net

;

21,642,132

95,936

192,156

•

229,573

income

Cash dividends

&

and

Depreciation.
and/or payments

Income

for Federal

Net

1947

$38,839,762 $38,946,978 $36,564,340

$1,430,015
23,714

j.

for

1948

administra¬

promoters'

deductions

Prov.

1949

$59,241,452 $60,589,110 $57,964,792

general

Total

(& Subs.)—Earnings—

6 Months Ended June 30—

1947

5,139,752
Balance

Miscellaneous

First and

estimated

from undistributed
between
$5,500,000 and

Years Ended May 31—

National Bank, New York, is
the New York transfer
agent and the Chemical Bank &
Trpst Co. is the New York registrar.
common stock
may also be transferred at the office of
the com¬
pany in Louisville and the Citizens
Fidelity Bank & Trust Co. is the
Louisville registrar.
;
v

AND

additional

for

Stock

,

(COMPANY

is

construction

The

CAPITALIZATION

provide

&

Co., $29,481
$29.41 per share;

vote

and improvements
facilities necessary

Standard Gas and Electric Co.

proceeds will be received
by Louisville Gas &
Electric Co.
The sale will reduce to 305
^08 shares
the holdings of
Louisville Gas common stock
by Standard Gas, which had been ordered
by the SEC to dispose ot all its holdings in Louisville
Gas.
The total
of
1,068,703 shares of surh common stock
presently outstanding will
remain the same upon
completion of this offering.
Other bids received at the sale were:

Exchange.

of

through

net

term

arguments

allowed,

trustee.—V.

to

The

author¬

Louisville Transmission Corp. will be
financing, the kinds or dates of which
However, it is the company's present
intention
not
to
do
any
permanent financing during 1949 but to
obtain any additional funds requifed
during that period from shorthave

Divs.

It

public hearing

to

and

the

expect

negotiate

to

extensions

it

1950 and

required

be

trustees'

satisfactory conclusion

a

have

many

be

50%

a

to

superiors."
of

acquisition

Russel

Judd,

plan

any

filed

have

this

items,

or

obtained

The

Nassau

directors

ing at that time.
of

sales
taxes,

19S2.

p.

Maine Public
Issue and

according to

addition

$139,670;

reserve

$6,624,105.—V. 169,

an

industrial

and

requirements.

the

a

bankruptcy proceedings last March
railroad

having

1949

hand,

on

under
boxing lease cancellation contract,
$80,000
(payable $10,000
semi-annually), less amount due within one year, $60,000; mortgage
payable on real estate, 4% interest, due Dec. 1, 1957, $400,000; reserve
for
contingent hockey expenses', $10,000; capital stock, 110 par value
(issued 660,400 shares), $2,335,702; earned
surplus, $2,948,558; totaL

surrounding

generating capacity and new business
and improvements to gas transmission

not

for

commercial

distribution and substation

whether

that

in

and

communities,

payable,

$149,148; advance rentals,
for Federal income

$62,952;

increased

the

Kentucky Wets Virginia Gas Co.

on the class A stock, par $1, but declared the usual
quarterly
payment of 25 cents per share on the $1 convertible preferred stock,
$10, payable Sept. 30 to holders of lecord Sept. 16. From June 30,
3948 to and Including June 30,
1949, the class A stock received 12 Vz
cents per share each quarter.—V.
167, p. 1257.

12

large

to

principally

par

so

LIABILITIES—Accounts
expenses,

renewals, and additions to property
aggregating approximately $17,150,000,
It is estimated that approxi¬
mately $12,320,000 of this amo"T. will he evnended during the year
1949, $4,000,COO In 1950 and $800,000 in 1951.
Approximately $10,390,000 is included in the amount authorized for the completion of
the
installation
of, two
60,000-kilowatt
generating units (Numbers
4 and 5)
with accessory equipment at Paddy's Run Generating Sta¬

to

Nassau

other

PROGRAM—The

(estimated

road

Com¬

extensions,

dividend

Sept.

Louisville

in

25

cash

bonds,

—Declares

Part

on

retail

at

including

MAY 31,

subsidiaries)

and

cost or market), S32.S03;
advances for account of Inter¬
Boxing Club of New York,
Inc.,
$62,859;
United
States
Defense Series G, maturing May 1, 1954 (at cost),
$50,000; investment in company operating St. Paul hockey team (at
cost), $35,000; land, buildings and equipment (net), $4,289,760; pre¬
paid expenses and deferred charges, $234,668; total, $6,624,105.

steam

above period is or will become available from cash now on
hand, from
the U.
S.
Treasury certificates now owned, from depreciation and

Lipe-Rollway Corp.—Defers Class A Dividend—
The

.

SHEET,

banks

population of $475,000.

aggregate

requirements

advised

road

service

gas

Kentucky,

in

1949-1951

proposed

New

and vicinity.

con¬

of

savings

gas

of

the

national

have increased from approximately 178,000,000 kwh. in 1940
approximately 924,000,000 kwh. in the 12 months ending June 30,

to

ized

administrative economies,

in

in Louisville

mixed gas

retail

quantities

in

require

$1,302,955;
saving notes, series "D," at cost plus accrued
$501,200; accounts receivable (net), $114,760; inventories of
concession
merchandise, fuel and ether operating supplies (at the

1949.

asked ICC authority to merge 11 of its
subsidiary railroads into the parent corporation.
The application said
the merger would simplify corporate structure of the Lehigh system
Sept.

company

BALANCE

deposits

fields

amusement

and

stockholders

resources.

'wholly-owned

customers

zi'63.

p.

Lehigh Valley RR.—Mergers Proposed—
The

furnishes

territory
estimated

entertainment

United States Treasury

of gas.

also

not

exercised.

Purpose

the

corporation's

interest,

The company furnishes electric service at retail in Louisville and in
surrounding territory in Kentucky, including 50 other communities,
having an estimated aggregate population of 490,000.
The comoany

for

purchased

so

at

registration

a

55,000

offered

be

to

Stock

of

been

filed

the offering
share.

$10 per

at

has

corporation

the

of

ASSETS—Demand

to others ior resale and distributes
at retail in Louisville.
For the
year ended June 30, 1949, approximately 76% of the consolidated gross
operating revenues of the company and its subsidiary companies was
derived from the sale df electricity and approximately 24%
from the
small

sells

and

ters With SEC—
The

sells at

and

also sells electricity and

pany

Lawyers Title Insurance Corp., Richmond, Va.—Regis¬

proposing

interests

in

(Including

company is an operating public utility company and is princi¬
pally engaged in the electric and gas business. The company generates,
steam and water power, and purchases electricity which it dis¬
tributes
and
sells
at
retail
in
Louisville
and
vicinity.
Company
manufactures
gas,
purchases and transports natural gas and dis¬

1,174,790

495,

p.

best

trends

BUSINESS—Company is
lormed by the consolidation

The

2,569,746

$6,118,126

—

170,

present

serving of the corporation's cash

by

—V.

of

AND

was

Louisville

490,338

2,975,235

surplus

Earned surplus, accumulated since Oct-

Monday, September 19, 1949

light

CONSOLIDATED
HISTORY

49,000

490,338

share)

per

CHRONICLE

the

Company

not covered by
——

FINANCIAL

&

company
(now $150,000,000).
tTotal amount authorized all
series, consisting of 20,000 shares (par $100)
and 1,720,000 shares
(par $25),
860,792 shares of the series of par value of $25 each are
designated as 5% cumulative preferred stock.
V;

$489,498

156,160

—

payable

Federal

Capital

$386,311

.—

Ealar.es and wages
Accrued

COMMERCIAL

Earned

per

paid
paid

outstanding

common

share

'

57,484

76,223

1.978.070

1.935,907

1,705,276

2,216.763

2.171.738

2,132,663

SI.15

$1.31

$1.23

83,936

Volume

In

Cash

U.

banks

and

Government

S.

Accounts

securities

receivable,

(less

(d)

907,299

815,623

1,472,794
375,175

1,468,169
356,358

6,043,772

4,599,735

Pan

622,002

414,491

Grace

taxes

under

Section

___

options

Grace

&

——

(net)

preferred stock retirement fund—.—

Co.,

r-"-

LIABILITIES— \
Accounts payable

V;V"''

•

■

tor

Store

pension

into

payments

Federal

for

leases

on

Reserves

1,863,231

has

4,199,764

basis, etc.
preferred stock

4%

Earned

—V.

stock

value $1 each)

surplus

•Resulting
first-out"

170, p.

Burton

269,757
3,396,300
8.032,955
8,367,075

has

spring.

last

options are exercised,
stock and Grace would

1,000,090

shares

'

Olsen

the

Mills

has

'

.

American
18%.
At
outstanding.

Pan
own

stock

capital

of

'(•

,

replacement of

from

and

President

was

General

will

and

shares

in

be

Manager

of

California

of

basis.—V.

170, p. 984.

V

;

company

Sept. 8 filed

on

purposes.—V.

a

National

(Expressed
Period End. May 31—

from

earns

1,480,860

1,758,813

Corp;, Detroit,

Corp.

"

It

Va.,

i 1949—5 Mos—1948
$8,507,791 $9,212,1847,593,588
8,436,384

On Aug.

Tea

operating income
•Monthly accrual

886. *

P.

.

..-v

;;;,.rr*■

of

Michigan Bel! Telephone Co.—Earnings—

.

Period End. July 31—

Operating

-

revenues^.—'

Uncollectible

oper.

rev..

;

year

Net
Net

8,475,239.
1,195,490

taxes

operating

after

—V.

revenues.. $10,930,424

expenses.:

is

This

170,

this

5,513,497

$5,091,368
4,450,564

corporation

kwh., or
—V. 170, p. 984.
6,597,000

Association

Inc.—Weekly Input—

Sept. 8, 1949, the System input of subsidiaries
amounted
to 81,770,000 kwh., an increase of
8.7%, over the corresponding week of last year.

tion,

Month

—V.

of

170,

1949
$1,921,772

August—

692.

p.

1948
$2,297,255

Manufacturing Co.—Top Manage¬

Minnesota Mining &

-

William

L.

the

newly

•act

as

c.

post
of

Chairman

Archibald

and

President since 1929, has been
of Chairman of the Board.
He
the Finance Committee.

McKnight,

created

Bush,

G.

elected to
will also

Executive Vice-President for marketing
elevated to Chairmanship of the Executive

of

Successor

Presidency is Richard P. Carlton, former

the

to

Executive

research, engineering and manufacturing.
r
"In the
last 20
years," Mr. McKnight said, "our sales have in¬
creased more than 20-fold from $5,000,000 to $108,000,000 and the

Vice-President

9,000.

makes pressure sensitive tapes,
coated abrasives,
adhesives, roofing granules, color pigments, acids
has four subsidiary companies,
18 branch offices
warehouses and 12 branch plants.—V. 170, p. 886.

The

company

reflective
and

of

employees has risen from 550 to nearly

number of

and

charge

in

providing

the

of

sale

and

additions

proceeds
such

this

of

will

notes

interest of record

will

shares

additional

the

improvements

Sell $1,Privately—See Alabama Gas Corp. above.

Gas

000,000 Bonds

Co.—Merger Proposed—To

See

789.

p.

Exchange
above. — V. 170,

Co.—Modified

Line

Pipe

Production

Hugoton

Co.

applied

be

offering
be

set

the

at

shares

paid.—V.

were

Missouri-Kansas-Texas

RR.—Interest

Payment—

Oct. 1, 1949, of
coupon of the adjustment mortgage bonds.
This coupon, which
bears the
date of Oct. 1, 1942, represents interest at 5%
for the
six months' period ended June 30, 1942.—V. 170, p. 984.
directors

on

Sept.

13

authorized

payment

Sales Off— j

Montgomery Ward & Co., Inc.—August

1949—Month—1948
1949—7 Mos.—1948
$95,517,108 $108,902,544 $622,140,301 $714,768,636

Sales

693.

p.

,,

.

Mountain States Power Co.—Earnings—
Period End. June 30—

►perating

revenues——

iperation

—

laintenance

'axes

income)

2,853,796

2,503,035

380,178

than

297,748

364,251

5,717,640
757,525
794,288

$9,173,273
4,795,291
565,993
685,994

Fed.
408.828

491,484

4

income

1949—12 Mos.—1948

$4,784,265 $10,394,217

425,857

„

(other

ederal

1.949—6 Mos.—1948

$5,293,950

Cl—

lepreciatiori

Other

cper.

inc.

leased

Other

307,400

taxes—

Gross

Total

revenues(net)
from

$835,233

v:

950,785

773,346

393,050

571,350

(net)

income

$817,351

$1,602,627

$1,599,846

of

cents

22 y2

170,

-V.

—

deducts..

income

169,

p.

*'•"*

JUNE

equipment (after reserve
deferred charges, $564,585;'

payroll,

$695,045;
accrued
(amount due after first

Federal

'•

.

of

$62,000; capital
surplus/ $3,783,305;
! ^

year),

earned
3

:

.

101,901

100,445

4,843

6,440

15,581

16,094

$1,716,386

164,897

$1,720,111
419,782

$709,222

$1,300,223

$1/395,373

$889,004

$874,119

218,763

J321.013

1564.




stock

total,
■'* .

..

(& Subs.)- -Earnings—
1949—12 Mos.—1948

$837,129

$796,009

345,910

314,631

48,165
51,039

85,894
112,667

$193,452
506,177

$3,343,730
1,446,662

43,890
54,982
93,230
107,167

& gen. exps.

'1

provision for est. Federal
$5,559;
lease purchase

,<

1949—3 Mos.—1948

revenues

$3,163,483
1,425,890

188,045

195,928

205,377

203,935

107,276

288,052

459,124

409,562

$182,107

$937,242

$640,113

518,389

1,127,507

951,394

$699,629

$700,497

$2,064,749

$1,591,507

213,888

210,625

885,825

631,855

$485,740

$489,871

$1,178,924

$959,651

$296,129

$282,675

$1,442,521

$715,445

487,5C0

975,000

487,500

*$204,825

$467,521

-

—

retirements

income

taxes—
1

taxes

Other

^ '

^

X^§y:'" v'"

taxes,

for

Prov.

1949 ■'

30,

$1,432,036; U. S. Govt, bonds
accounts receivable
($50,000

$475,000;

cost),

(at

$274,705;
property, plant and
of $9,682,450), $4,817,459;

Maintenance

income

Operating
Other

income

per

share

_

deductions

ftet

income

•

:

(sub.

Works Co., Inc.

not consol.)
and incl. in

co.

reed,

Divs.

American

of

income

Water

net

consol.

in

Equity

statement

above

of

Balance

paid on

was

income

Gross

Income

In

income
above

in

incl.

♦$191,371

statement
♦Loss.—V.

985.

p.

$227,945.

9.

170, p.

(

487,500'

——

equity

net

consol.
not

Telephone & Telegraph Co.—Earnings—
1949—7 Mos.—1948

1949—Month—1948

July 31—

$14,540,884 $13,272,153 $97,274,999 $91,013,693
32,131
170,649
189,367
28,683

Operating
revenues—
Operating
expenses.
Operating taxes

$14,512,201 $13,240,022 $97,104,350 $90,824,326
11,464,522
11,647,202 79,530,511
77,132,318
1,387,671
720,904
8,193,681
6,067,866

(Minn.)—Weekly Output-

this company for the week ended Sept.
59,934,000 kwh., as compared with
59,078,000 kwh.
corresponding week last year, an increase of 1.4%.—V. 170,
Electric

output

of

Inc.—Earnings—

Northwest Airlines,

9, 1949,
for the
p. 985.

1

operating

after

—V.

$7,624,142

$9,380,158

4,237,833

4,903,520

344,565

1,021,284

charges—

170,

$871,916

$1,660,008

income

1949—
•
/
taxes—v;

treasury

:

Co.—Financing—

State

Jersey

for

financial

Number of

that

purpose.

structure

was

that

found

board

The

sound

sufficiently

to

$40,000,000 in bonds rather than stock.—V. 168, p.

Water

the

permit
253.-

company's

issuance

Corp.- -SEC Unit

Service

mends Disallowance of Claims—

of

Federal

of

Water

Gas

&

recommended

Public

Water

•'

.

,

Recom-

'

experts of the SEC have recommended that no recognition be
claims exceeding $7,000,000 made by the corporation against

Staff

Utilities

proposing

to

findings
in

former

its

Corp.,

filed

were

with

connection

to its

distribute

parent.
by

the

-

the Commission's Division
pending plan of Federal

stockholders one-half share of
for each share of Federal.
the way will be clear for
Y.y
y

Scranton-Spring Brook Water Service Co.
If the findings are adopted by the
SEC,
distribution of the Scran ton stock.
In

recommending

that

the

7 Mos.
$1,321,380

$1,104,500

820,858

820,858
$1.03

of New York Water Service be
found that New York and Delaware

216,880

$0.78

share

which topped

all months in

the history of the com-,

net profit being
Alaska,

Orient

Other figures,
operations were: Revenue miles flown,
2,257,590; revenue passenger miles, 51,048,930; available seat miles
operated, 77,615,157; available ton-mile*
lown, 10,081,203.
^
These figures compared with June figures of: Revenue passengers
carried, 80,242; revenue miles
flown, 2,184,527; revenue passenger
miles, 54,441,069; available seat miles operated, 76,004,674; available
ton-miles flown, 9,871,510.
'r~'-*
The system-wide scheduled operations for 1949 to July 31, compared
with the similar period for 1948, show a consistent increase in various
categories
••••"
^.vi. .v .•*.'•
•
.•
k
j /
Revenue
miles flown amounted to 13,751,250 for the first seven
months of 1949, compared with 12.010,122 in the corresponding 1948
scheduled

.

.

miles flown, 260,287,904 and
371,733; avail¬
available tonand 49,459,932.—V. 170, p. 888.
;

Other figures: Revenue passenger

218,693,918; revenue passengers carried, 415,768. and
able seat miles operated, 460,998,452, and 382,847,843;
miles

flown,

60,859,914,

Bell

Northwestern
Period End. July

Operating
Uncoil,

Oper.

Oper.

_

rev.—

revenues

1949—7 Mos.—1948'.

$8,010,687 $59,955,036 $53,966,544
13,317
134,760
„ 133,240
$7,997,370 $59,820,276 $53,833,304
6,187,802
45,937,086 41,914,201
951,498
7,423,258
6,391,166

6,828,461

expenses
—

1,027,646

income-

$857,480

Oper. taxes

Co.—Earnings—

$8,733,911
20,324
$8,713,587

revenues

oper.

Telephone

1949—Month—1948

31

claims

limitations would be

The

Utilities

Division

the

statutes

of

shares———-——--

common

system-wide

its

for

period.!

York

New

common

Earnings per

,

the net income before taxes was $1,044,754, the
$1,022,075.
•
During July, this corporation, over its
domestic.
and Hawaii routes carried 77,130 revenue passengers.

Board of Public Utility Commissioners on
Sept. 10 rejected this company's plan to sell $40,000,000 in common
Stock to its parent, American Telephone & Telegraph Co.
The Com¬
mission held that issuing bonds instead of stock would mean cheaper
financing costs and lower Federal taxes, since interest on debt obliga¬
tions can be deducted.
Such savings could be passed on to consumers
to hold rates down, the board added.
The company sought to sell
400,000 shares ($100 par) to repay A. T. & T.'s loan for new con¬
struction in
1948-49 and to replace $2,000,000 taken from its own
New

taxes

pany

New Jersey Bell Telephone
The

before

income

Income

During June,

887.

p.

Net

Month
$857,786
194,201
$673,585

disallowed

Net

' 't'V;

depletion

for

15 of this year, and a dividend at
declared payable on Oct. 15 to shareholders

revenues—
Uncollectible oper. rev._

The

50,327

$670,241

income

certificates

Oper., adm.

property.
Any net
of the amount required to pay
the purpose of
acquiring under
stocks of subsidiaries.

in excess
aside
for

rate

Operating

752,800

48,927

plant

income

•

SHEET

Northern States Power Co.

allowed
Net

preceding quarter.

Operating

on

Period End. Aug. 31—

r.

»

totaled

one

—V. 170,

the

July

on

New England

Net

The

$1.09

to

the
the same
rate has been
of record
at the close of business on Sept. 19,
1949. From July 15, 1947, ex¬
tending through "April 15, 1949, quarterly dividends of 20 cents a share

Net

,

271,659

$1.86

"r

Period Ended July 31,

Missouri-Kansas
—

;

$341-

this year, net profit amounted to
share as compared with $2.45 per share

equal to $2.18 per

Northeastern Water Co.

—V. 170, p. 886.

Offer

.

Period End. June 30—

and

plant

to

right additional common

dividend

A

common

It

Mississippi

'

30, 1949, the company produced'
compared with 837,052 barrels during the

($10
par
value)/ $2,756,590;
$7,563,785.—V. 170, p. 693.
•

*

a

Period End.
*"■

oil as

of

>

407,488: % 271,659 "
'

-

LIABILITIES—Accounts payable, $261,287;

materials,

chemicals.

$296,673

,

of

of $1,250,000 of notes payable, incurred for the purpose
portion of the funds required for the acquisition last
year of 11,400 shares of additional common
stock of the Cambridge
Electric Light Co., a wholly-owned subsidiary; which used the pro¬
ceeds to reimburse
Plant Replacement Fund Assets for expenditures
of

preemptive

Committee.

$507,123

$4.63

total,. $7,563,785.

the payment

for

former

distribution, has been

$1,007,986

543.318 U

ended June

months

six

secured),

investment firms headed by Townsend,
including A. C. Allyn and Company, Inc.;

Proceeds

ment Officials Promoted—

$1,257,193
"

allotment.

to

and

$426,673
130,000

ASSETS—Cash in banks and on hand,

of

group

240,000

to

1949,

20,

$1,407,986
400,000

$747,123

335,000

Co.; F. S. Moseley & Co.; F. L. Putnam & Co;,

&

-■

Sept.

on

of beneficial

$1,622,193

BALANCE

Dabney and
Draper, Sears
Inc.; Smith, Ramsay
&
Co., Inc.; and G. H. Walker & Co. will serve as managers of a
group of
participating dealers in obtaining subscriptions.
The sub¬
scription offer will expire at 3 p.m., New York time, on Get. 10, 1949.
A

Tyson,

Sales

for

Sept. 19, 1949, warrants representing

on

subject

mail

will

shares

common

business

of

15,192

tax

income

barrels

$592,460,

Income

Sept. 20—'

14,655

$1,391,145 '

During the second three months of

week - a year ago.

corresponding

the

for

$411,481

16,841

—

1,123,298

holders of its
at the close
rights to subscribe
to an additional
124,601 shares of common at a price of $11.25 per
share, in the ratio of one additional common share for each ten
shares
now
held.. Accompanying the rights is an additional sub¬
scription privilege entitling shareholders to subscribe on the basis of
one additional share for each share now held at the subscription price
of
$11.25 per share for any number of the additional shares not
subscribed for through exercise of rights under the primary subscrip¬
This

1,246,011
,

Co., Inc.—August Sales Decreased—

Miller-Wohl

It

ft.

$732,468

15,220

first six months of last year.:;

,

for the .Sept. 9 Week Is reported at* 122,295,000 cu.
of 5,729,000 cu. ft., or 4.91% above production

cu.

246,572

^

$1,606,973

to surpluspaid

the

For

and

*

increase

an

292,781

(net)

tax

Federal

contract

ended

week

the

For

$7,136,990

'

To Mail Subscription Warrants on

886.

p.

Middle South Utilities,
of

$623,380
502,532

'

.

249,840

377,612

-

this Association reports electric output

9,

$907,894

251,950

436,460

Net profit

kwh.
This is a decrease of 472,193 kwh., or 3.20%
production of 14,763,905 kwh. for the corresponding week a

Gas output

$9,307,471 $73,553,069 $63,640,431
7,962,120 59,211,676 52,635,166
721,971 ; 7,204,403
5,913,897

$1,259,695
1,075,267

income

charges.—

Sept.

ago.

116,666,000

Operating
Operating
Operating

ended

$1,277,199

313,476

Earnings per com. share

14,291,712

below

1949—Month—19481949—7 Mos.—1948
$10,977,054 V: $9,347,781 $73,865,206 $63,942,681
46,630
40,310
- 312,137
: -302,250

week

income

Dividends

the

15 the company borrowed $4,000,000 from

the

For

$2,082,233

475,783

& aband.

depr.

income

Est.

$98,812;)'
185,000

$81,256
181,000

*

$2,519,216

—

Net. profit before Fed.

and Great Lakes Steel
the fifth largest steel
790.

,$914,203
$775,800'/?' Metropolitan. Life insurance, Co., evidenced by 3 Va % •
905,000/)* 925,000 j notes maturing Aug, 1, 1964. "Of,the proceeds, $3,087,500
was used for the purchase of a warehouse and the bal¬
-Net
loss
$99,744
'$86,188
'
t$9,203 i
$149,200
ance has been added to working capital.—V. 170, p. 790.
„*For„ annual interest and sinking fund charges on b^nds -and deben- ■
ture stock, including those payment of which is dependent upon avail¬
able
income
but
not
v 3Vcw England Gas & Electric Association—Output—
including arrears thereof.- "tProfit.—V.
170, *
Net

$1,022,579
114,685

production and

Operating profit
Other

Chicago—Places Loan Privately—

Co.,

$1,429,819
152,620

'

Corp.,

the United States.—V. 170, p.

National

.

Steel

National

of

244,795

1949

was

Weirton Steel Co.

Mich.

divisions

are

company in

Currency)

1949—Month—1948
$1,562,116
$1,857,625

oper.

incl. deprec,

Oper. exps.

Canadian

in

W.

of

Deplet.,

Recently, an entirely new open hearth furnace of about the same
capacity was tapped for the first time at the plant of Great Lakes
Steel

Co., Ltd.—Earnings—

Mexican Light & Power

Weirton,

Co.,

former

a

placed

1946

291,579

expenses

the
the

in the history of
at the plant of

hearth furnace
in operation

open

1948
$2,327,028

1947

$2,810,795

by-prods.

oil &

of

corporation.—V. 166, p. 570.

Consolidated—Earnings—

Oil

American

Income
Cost

announced on Sept. 16.
is Weirton's No. 1 which has been rebuilt and enlarged
capacity of 200 tons to a new capacity of 550 tons.
7.

Steel

-The furnace
from

2121.

168, p.

of

offer

the Discount

6 Mos. End. June 30—

Corp.—Enlarged Furnace in Operation

Steel

biggest stationary
industry has been

Weirton

letter of notification with the SEC
Underwriter, Guardian Securities
be used for general corporate

stock

A

Royalties paid

The

will

Proceeds

Francisco.

San

class

of

Sales

■

10-year debentures.

$100,000 4%

Corp.,

of outstanding preferred and com¬
which is owned by the Discount
to its preferred stockholders two
the Acceptance corporation for each share

will

latter

preferred stock of

North

Co.,

59Q..

p.-

Corp.—To Issue Stock—

on

The

V.

170,

1949—8 Mos.—1948
$77,326,122 076,233,883

;

•

corporation in retirement
of North Finance Co.

Oakland, Calif., which was merged with National
on
Aug. 1, 1949, and its plants at Oakland (Calif.), Salem (Ore.), and
Uniontown
lAla.)
are
now
operated
as
a
division of National.—

maintained on "last-in,

inventories

company

corporation.

Y);

Division.

"

,

stock

mon

Vice-President

Vice-President

a

Mills

Cotton

•

$11,066,574 $11,080,913

693.

p.

Sept. 2 filed a letter of notification with the SEC
for 12,844 shares of class A stock
(par $1), to be issued to North
Finance
Co. in cancellation of loan of $12,844.
North Finance Co.
will transfer 12,844 class A shares of the Acceptance corporation to
North American Discount Corp. and cancel a loan of $19,000 to the
The

■.

elected

been

California

formely

Cotton

steel

Gross

various

National's

of

purchased

1949—Month—1948

31—

—.

170,

North American Acceptance

sell

stock

585.

A.

of

Olsen

Mercantile Acceptance Corp, of Calif.—Files—
The

30%

Period End. Aug.

$29,793,589 $29,156,471

Total

for

these

when

could

National

National

charge

each)

(par value $10o

(par

114,320

118,422

292,360
2,496,300
8,933,455
9,902,540

of

it

170, p. 790.

Newberry Co.—August Sales Decreased—

Sales

—V.

Discount

"last-in,

on

shares

220,675

on

Civil
,• i

to purchase 367,790 shares while v
shares.; Grace has also signed an <
to Pan American 108,750 Of the

option

an

National Automotive Fibres, Inc.—New

deposits

and

holds

option

an

hold

argument

(J. J.)

215,000

replacement of in¬
first-out"

self-insurance,
maintained

would

Oral

Spring Brook stock.—V.

held by Pan American Airways Corp. and W. R.
jointly own Pan American-Grace (Panagra) Air¬
options were granted some time ago when they made

under which

and

present

<

—

for

ventories

Common

—

T.

are

American

174,000

$2,697,519

1,814,401

—215,000
4,150,177

plan.......

taxes—

security deposits

managers'

G.
v.

.

If

$1,870,934

royalties, and sundry exps.
distribution to employees and/or

stockholders at their
Baker, President, has

by

upon

Fla.,

interchange agreement, subject to approval by the
Aeronautics.,Board.
,.v
y V/'Y,,//■

Y-\'

■

—_——

Accrued taxes, rents,

Provision

Miami,

equipment

$29,793,589 $29,156,471

_

—

Provision

voted

be

in

instituted

were

before the SEC on the matter is scheduled for
Sept. 15.
Percival E. Jackson, attorney for a committee of Federal
Water
common
stockholders,
and Allen S.
Hubbard, attorney for
Federal, have requested the Commission to dismiss New York Water's
claims and to approve Federal Water's plan to distribute the Scraijifin-

s

which

Their

ways.

22

Code

Revenue

The

•

agreement
Total

will
29

case

9

1941.

in

the

that

so

Sept.

meeting
announced.

proceedings in the

although

1948,

27,

May

on

corporation's authorized capital stock
stock can be ~old to two corporations hold¬

increase

options

purchase

annual

11,921,414

Land, buildings, machinery & equip., etc.
in

ing

841,633

Investments

Cash

to

by €00,000 shares

517,836

!

1,333,611

rents, supplies, etc.—

the Internal

of

$8,155,-541
■

'

-

proposal

"last-in, first-out'*
r; v:
•
for markdowns)9,234,458

reserve

Federal

of

(6)

517,836

(less

iniscell.

A

on

Prepaid insurance, taxes,
•Refunds

$9,352,308

cost)__

(at

accounts)—

Inventories, at cost based
method

!'

and

trade

doubtful

for

reserve

hand—.'

on

1948 •

(1085)

CHRONICLE

FINANCIAL

&

National Airlines, Inc.—To Increase Stock—

-

r'-',r'v.!v*949

ASSETS—

COMMERCIAL

*

CONSOLIDATED BALANCE SHEET JUNE 3Q"

•

;

THE

Number 4839

170

a

complete bar to such claims.

recommended findings stated

that New York's claims were filed

Net

oper.

Net

after

—V.

170,

charges
p.

888.

680,291

$858,070
737,183

$6,459,932
5,234,407

$5,527,937
4,823,496

10

COMMERCIAL

THE

(1086)

FINANCIAL

&

■

CHRONICLE

Monday, - September 19, 1949

**,

—

Ohio

Associated

Telephone Co.—Earnings—'

Period End. July 31—

Operating
Uncoil,

oper,

>

1949-Month—1948
$298,145
$267,638

revenues

832

rev.„

.

before
__I—

Oper.

expenses

Oper.

taxes

233,804

1,566,923

218,732

34,392

25,301

:

249,899

^

Cr28,000

—

4,237,000

»

448,000

t

«

Other

$1,083,000

/ -191,000 ?,

Approp. -for research and engineering

Prov.

Net
Net

$22,854

9,777

165,715

for

.

The

Pfd.

with

of

the

and

construction

its

storage-program.—V.

gas

170,

revenues

31,515.394

___

revenues

31,367,832

129,482

taxes

195,551,195
851,907

927,079

income-—

3,102,451

2,828,727

20,789,685

2,006,241

2,108,492

13,953,601

operating

Oper.

and

Prov.

14,468,256

for

maintenance
deprec——

oper.
incomeincome (net)—

Utility
Other

income

Gross

—V.

170, p. 9.

for

300,000 ordinary shares of common stock
October will be made at $4.25 per share,

early

„

,

'

.

to

Bal.
Earns,

,

would

for

cash

pay

the sale

of

extended to

was

have

the

instead
O.

A.

right

A,

13,

extend

to

lor

American

for

Is

.

to

payment

in

was

announced Sept.

Pan

American, which expired
that date either com¬

the

13.

of

$2,596,722

$3,988,523

in

to

218,360

209,412

$2,688,225
985,021

$4,206,883
2,110,563

which

that

is

$1,703,204

$2,096,320

$3,000,224
247,630

—

the

same

as

of

it

The

American.

Pan

would

have

paid

$1.20

has

also

of the

the

Civil

the

for the

reason

Aeronautics

flies

to

Airlines

Europe,

and

to

was

limit

170,

The
15

steps

necessary

approval

the

each

of

the

TnimaitfVho

.'

in

Oregon,

Board

stockholders

to

;

$2.76

1,115,906

2,257,952

1,035,008

2,239,145

2,171,769
3,398,552

will

3,130,666

inc.-

1,173,933

657,200

1,720,148

1,630,988

on

extension

oper.

1,193,26.9

$2,282,036

$6,002,057
96,754

Total

for

government

action

that

such

are

Net

int.

$2,836,829
2,099

$6,098,812
Dr2,100

$5,060,964

$2,838,929

$6,096,112

$5,047,661

941,052

1,795,360

1,534,279

$2,381,727

charges..

—V.

$1,897,876*

$4,300,752

*

■(•

Procter

&

'

■

.

: ii ill

,

Gamble

Co.

Wet income

after

charges—.

LY—__1.

'■

'

■*/'.%

1

♦Earnings

per

336,617

receivers
of

preferred

Y •After

334,988

vNOTE-rNot

included-

•

$1.30

dividend requirements.
in

above

figures,

,

there -has

television

of

Prov,

,H)

;jl948

/

-,v

(&

taxes

income

for

Approp.

taxes—

—

foreign exch. fluctuations-

1;

-

for

—

subsidiaries
Period End. June 30—

Operating

expenses
Maintenance
—:

•Appropriations,
of

acquisition
federal

.___

_

electric

railway

Philadelphia Co.)

4,433,706

1949—12 Mos.—1948

4,588,322

8,803,606

,

tax—

State income taxes

125,339
3,148,500,

price

'' V

$

}

Other taxes—______

Preferred

revenue——

income

Gross

(net)

125,140

250,679

250,719

2,748,300

5,3701219

1,505,149

286,800

769,787

532,784

1,757,419

3,627,409

3,341,270

income

income

——

deducs.—

jNet inc. before
ority

81,394,031
464,622

65,418,689

28,655,481

$9,495,843
3,359,080

____

ints.

$8,708,149 $16,214,536 $15,651,972
39,819
43,036
82,832
$8,747,968 $16,257,572 $15,734,805
3,651,082
6,627,0688,152,358

46,924,170

*

on

inc.

$5,096,886

$9,630,504

cum.

$5 cum.
5%

Common

$5,384,444

of

$6,536,902

32,924,170

25,636,518

U.

S.

in

1949;

Accounts

receivable

r^iw000
170, p,

985*

170,

p.

of

will

a

our

-

J-.

985.

1949—Month—1943

-

1949—7 Mos.—1948

$739,543

$768,156

exps.__

103,580

110,233

719,205

713,345

$2.48

$2.06

$20,338

$54,811

38,995

17,792

388,815

358,579

$39,243

$17,998

$409,153

$413,390

3,459

34,598

27,433

$374,555

$385,957

Y 3,119

1,102

from

%

non¬

—

inc.—

ordinary

income

,

(less reserve)

Loans,

materials

and

1948

—V.

etc,_-,.
.1—^
Land; buildings and equipment (net)-

"

•934 '

49

8

income

$34,712

$15,465

$377,674

$387,010

13,000

,r; 6,000

144,000

159,000

inc.

$21,712

$9,465

$233,674

$228,010

transferred

earned

170,

•1948
""■

.

■

property at Zellwood, Fla., formerly ov.ned by this corporation,
purchased by the Apopka Muck Farms, Inc., from the Con¬
Mutual Life Insurance Co., which acquired the
property some
months ago through the foreclosure of a
mortgage of $152,000.
The
selling price was reported as $200,000.
been

v ;.

$

The

original

23,882,554
5,251,985

tion -of

the

3,033,844

veloped

by

6,824,695

—

31,157,024,
J

yjp,

dent
of

,

of

loan

mill.

the

made

was

The

New

York

used

in

the

headed

Stock

farmland, of which 600
fiber

a

a
farm loan prior to the construc¬
originally was owned and was de¬
by Richard Whitney, former Presi¬
Exchange.
It consisted of 1,400 acres

as

property

corporation

a

acres

were

manufacture

of

devoted

to

texlies.—V.

the

189,

raising of
p.

ramie,

1996.

■1 5,057,063

119,134,308 101,087,467
1
1

—.

Goodwill, patents and licenses—
Prepaid expenses and deferred charges

surplus—

p.890.

necticut

85,306,302 142,783,132

...

investments,

$14,539

Ramie Mills of Florida, Inc.—Property Sold—

and

,

of

lower

$34,712

Deducs;, from net inc.—,

has

JUNE 30-

31,559,218
the

(at

;

Net
ordinary income
Extraordinary inc. (cr.)
Extrordin'y inc.
(chgs.)

20,226,756

—

market)

or

Raybestos-Manhattan, Inc. -Earnings—

•

4,134,553

2,908,891

6 Mos. Ended June 30—

Profit

1949
;

1948

1947

$2,092,956

$2,230,760

652,000

taxes

$1,482,849

957,500

1,196,500

$830,849

before

Federal income

LIABILITIES—

loans,

Bank

loans

$8,135,168

$5,898,768

1,473,420

1,473,"420

Reserve

$1,135,456

$1,124,260

628,100

628,100

$1.80

$1.79

taxes-

for

600,000

600,000

Reserve

269,340

8%

'

134,670

790

395

269,340

1,557,195

<

depreciation
170, p.

and

21,000,000

for

300,000

134,670

Net income

domestic

depietion

-

r

1,185

3,633,459

reserves

and

-

790

4,152,519
antortiza-

and

debentures, foreign
payable and accruals
011

taxes
of

shs.

Paid-in

foreign

subsids.

self-insured

of

no

Co.—Weekly Output—

—V.

per

170,

p.

6,410,000 shs.)

>

25,640,000 *- 25,640,000

surplus

Reading

17,186,722

17,186,722

16,000,000
1,000,000

37,000,000
1,000,000

185,312,166

i„

161,882,196

294,302,623 316,387,623

—

U.

p.

for

$1.32

ill.

purposes'

of

co'mpairison.

S. Treasury savings notes in
2108,

Co.—Merger Approved—

be

absorbed.—V.

170,

p.

792.

;

inventory price decline———

_r__„

•Revised

628,100-

merger of Mill Creek & Mine Hill Navigation RR. and Schuykill
Valley Navigation & RR. into the Reading Co. were approved Sept. 14
by stockholders of ail three companies at meetings in Philadelphia.
The Reading Co. owns about 90%
of the stock of each company to

Revere Copper & Brass Inc.—Orders for Revere Ware

Highest in Company's History—
Despite

___

outstanding

share—!

The

current

Total

subsidiaries ,for the
1949 amounted' to 130,837,000
kwh;
a
decreasfe




>-1,853,711
2,250,000

.2,250,000

value

par

par value (issued

for contingencie's—
Unappropriated earned surplus——

its

or 2.4%, from the corresponding week of-last year.*

shares

Earnings

3,000.000
2,971,794

1,799,702

fluctuations

•

Reserve for

8.921,525

2,000,000
3,165,138

(non-current)

risks

Appropriated earned surplus:" v;:- '

597.

33,216,912

Capital

income

foreign exchange
preferred shares of $100

Com.

^

464,763

28,258,867

subsids—_

3,558,296

8,131,732

tFederal taxes
Debentures

736,710

1,557,197

10,

in
•,

.

Merchandise

$4,232,979

output of this.corporation and

Sept.

public,

regular
regularly
continued.
"Since

some

$110,439

ordinary

837,703

securities

Other investments

Other

Philadelphia Electric
ended

televise

to

The

\

1949

>

Reserve

-electric

$5,608,712

SHEET,

,

Government

1,683,678

300,000.

non-cum

of leaseholds.—V.

expect

$103,828

inc.

Deducs.

*180,000

$

1,495,335

736,710

stock-

also

4,531

Ordinary

22,431,808

180,000

/

ASSETS—

$7,582,446

•

pfd.—,

preference—
preference—

retirement,

42,418,689

CONSOLIDATED BALANCE

863,906

capital

stocks of company—

$6 cum.

surplus

-

Accounts

Dividends

49,655,491
25,636,744
180,000

earned

dividends

Bank

752,318
net

made

294,302,623 316,387,623
$6,136,763

in

income

Consolidated

will be

23,000,000 ,14,000,000

min¬

inteersts

minority

7,253

—

which

black-and-white

in

programs
modification."

revenues-

oper.

27,504,749

374,337

$9,488,589

"We

revenues

operating

Net

to

to

•After depreciation
$4,524,795 in 1947.

cost
oper.

without

s

-

decline

8,764,899

1,846,899

—

service.

oper,

Net

profit for year—

inventory

plant

adjusts.—

income

street

$42,902,547 $40,656,921 $81,409,971 $74,796,715
20,748,915
19,693,857
40,920,192
36,456,244
2,736,258
2,748,931
5,453,540
5,293,674

Operating

Amort,

of

1949—6 Mos.—1948

revenues

these

receive

programs,

-

Cr21,000,000

Balance

other

and

to

color

Period End. July 31—

a

108,238,985
81,858,653
12,150,000
38,300,000
29,700,000
4,013,450
4,520,296
3,534,483
——' ?, 1,700,000

Common dividends

subsidiaries

able

television audience."—V.

Total
<n.

.

1947..fii

44,818,931

reserve

Subs.)—Earnings—

<Excluding Pittsburgh Rys. and

experimental

and

'black-and-white' programs in color," he
system is completely compatible with the present black-andthis will not interfere in any way with the present
of WNBW or change the character of the
pictures received by

Net

Philadelphia Co.

demonstration

said,

system,

Tot'&l

;

44,770,793 108,362,359
48,138
Drl23,374

______

—

Consolidated net

to.,

added

income

<

Dr.

Labora¬

color

service

>

been

-

earned surplus the amount of
$223,751 due to refund
for the years 1942, 1943 and 1944.—V.
169, p. 2423;

be

communication;

Other income taxes

$1.43

H

.

will

651,900,133 615,316,973 452,517,301

operations

Total income

$534,041

share

common

RCA

$869,029

$497,174

l

—

the

Jolliffe

schedule

Gross

from

the FCC,

"automatically provides a test
compatibility of the system, since the regular viewing audience

white

696,670,926 723,679,332 533,911,332

of goods sold, marketing, gen¬
and admin, expenses

eral

Federal

-^et; profit

week

during

Dr.

standard

' J.f ■i.-'li

•

$ it

$<■■' 1949

Net sales —w-.;.

•Profit

of
of

Charge

.;

WNBW

over

their

1948

$833,791

Provision for income taxes—

in

of live studio programs and motion pictures
Washington television station of the National BoardReception of the color programs, he said, will be at a
Washington location readily accessible to the Commission

WNBW

.

$

Other income (net)~

f

1949

Chairman

Acting

transmission

the

'

•

Walker,

Vice-President

'

■

/

A.

Radiomarine Corp. of America—Earnings—

it

"Pennsylvania Glass Sand Corp. (& Subs.) —Earnings-^-

*

-.

covered

26.

Paul

Executive

include, Dr. Jolliffe pointed out, many types encountered in

Dr 13,302

(& Subs.)—Earnings—

■;

Cost

of 35

Z'

than

$3,513,382

170, p. 985.
■■

dividend

more

others.

the

income—

Net

.

'Six Months Ended June 30—

year-end

year.

earnings

WNBW,

this

the fiftal say on foreign operations of U. S. airlines.
' V'« ■»
.

has

A

last

Fund's

scheduled

.

final

a

1948.

of

the

—

of

$3,261,997
880,269

(net)

to

April

Dec.; 15,

on

that

of

$3,268,570
Dr6,573

utility income-

income

third quarter dividend of
stockholders of record Sept. 30,
20 and July 20, last, and in

regular

on

quarters

paid

period of the system,"

554,793

scale

.

Sept. 14 informed the Commission that RCA's demonstration

on

include

and

adjustments—

sliding

the

in Exchange for Mokon Stock—See Hugoton Production
Co. above.—V. 170, p. 888.
.
' *

•To

to

Jolliffe

downtown

$4,506,171

554,793

$3,268,570

revenue—

three

was

reported

"RCA's

Income

were

just

"Operation
Net

a

made

Corp.

casting Co.

the

considering

still

is

of

Panhandle Eastern Pipe Line Co.—Stock to Be Offered

tion

first

letter

a

B.

tories,

1,938,123

for depreciation-

declared

were

beginning Sept.

In

over

for taxes

have

share
also

dividend

C.

in¬

1,156,713

There

A,Jugular schedule of color television programs will be inaugurated
in Washington, D. C„ by this corporation
to demonstrate its new
system of high-definition, all-electronic color television during hear¬
ings on color television before the Federal Communications Commis¬

16,202,340
2,148,741

18,376,404

1,146,735

than

8,434,444

$6,117,278!;

of America
To Inaugurate Regular
Color Television Programs to Demonstrate
New System at FCC Hearings—

1947

for

the

was

Radio

1949—12 Mos.—1948

9,156,131

Years Ended June 30—V.

Pfd.

$7,404,059

Schedule of

of this

$17,622,232 $15,155,584 $34,445,882 $29,119,312

Prov.

'•

v

$3,645,134

declared, and that assets of the Fund are at a
high of approximately $31,500,000.
The number of shareholders has
grown to approximately 13,500.—V. 169, p.
1819.
■
-tr.ffr

(& Subs.)—Earnings—

Prov.

a

merger

170, p. 497.

6%

2,233J3I4

share, payable Oct. 20

per

per

It

December,

that the purpose

1949—6 Mos.—1948

taxes

come

"

"

1

$8,350,593

2,219,209

$4,215,980

distributions

of

cents

308.

Electric Power Co.

other-

Taxes,

probably could not come until early 1950.
If the; GAB approves, the deal must receive the sanction of President

*

$9,623,268

1,306,542

total of 39,100 shares of capital stock was purchased
market at an average price of $33,333 a share, the

trustees

cents

the

$2.10

$1.70

company
income available

net
p,

expenses
Maintenance

group of employees of American
by James M, Landis, former Chairman
/Yy .//^yY'*?;'

represented

CAB.

The

*

$4,951,676

1,347,563

'

a

open

Similar

$2,752,594

$2,096,320

Commissioner of

advised

Operating

cash

stock.

in

$1,703,204

$1,194,557

—

Commissioner

Other

Overseas

Tbtal

$5,563,544

cost,

sion

"The merger proposal was first agreed on last December.
There have
b£en lengthy hearings before the CAB and a number of witnesses for
and against the proposal.
Opposing it have been Trans World Airline,

'

507,165

985.

p.

August

the

the

joint announcement said

contract

Total

262,936

(George) Putnam Fund, Inc.—15-Cent Dividend—

$4,906,383
1,906,159

the P. U.

by

Total oper., revenue,-,

June

proposal.

Other

354,939

on

The

Net

138,398

*

including brokerage, amounting to $1,313,601.
2,443,631 shares outstanding on Aug. 31.—V. 170, p. 308.

$4,696,971

91,503

,

Period End. June 30—

On

agreement

common

Potomac

it

1950.

stock

common

approximately

808,800

1,081,060

surp._

$2,600,000.—V.

rities.

r

$7,843,427

Pullman, Inc.—Buys Additional Stock—

(998,967

sh.

reservation

transaction, a joint statement said, depends
oh completion by pan American of a bank-financing program.
It is.
understood the bank loan being negotiated is to cover the cost of
the transaction sc that the company will not need to issue new secu¬

—V.

$9,360,332

—

income

170,

In

2,258/716
906,300

Airlines,

to

A.,

O.

March

stock

of

30, 1950.
The
revised
agreement, approved by the boards of directors of
Pan American and A. O. A., provides that Pan American would pay
$17,450,000 for the assets of A. O. A. and would assume A. O. A.'s
liabilities at the date of closing of the sale. The previous agreement,

Consummation

975,375

2,607,658

representing the excess over $2,600,000 of net income for the year 1947.
The

Inc., controlling interest in A.
contract

458,014

company appropriated from income account to the reserve
additional Federal income taxes and other contingencies $247,630

for

for the proposed sale of American Overseas Airlines,
American Airways Corp. has been revised and under it

to Pan

called

2,771,000

$4,596,737

Puget Sound Power & Light Co.—Sells Part of System

the

1947

The, contract

price

3,065,426

3,683,000

Following condemnation proceedings brought against this company
by municipalities, the Snohomish Public Utility District has purchased
the
company's
distribution
system
in
Snohomish
County
(Wash.)
for $16,000,500.
The District, it is reported, will sell $19,500,000 elec-/
trie revenue bonds through John Nuveen & Co., B. J. Van
Ingen &
Co.
and
Halsey Stuart & Co. to finance the transaction (see also
V. 170, p 111).—V. 170, p. 985.

9,228,926
868,486

$1,194,557

directed

•As

Common Stock—

will

3,171,707

1,727,000

income—

Net

$17,959,399

11,265,882

1,163,213
521,200

$2,191,851
>83,766

deducts.

earned

shares)

Corp.—Agrees to Cash Pay¬
ment in Proposed A. O. A. Deal — American Airlines
Would Receive $17,450,000 for Line's Assets Instead of

American

$19,646,238

4,729,911

$2,275,617

——_

oth.

per

,

"Pan American Airways

pany

1,792,759

_____

taxes

and other deducts.-

—V.

1948

1949—12 Mos.

$9,469,060

of net income

•Approp;

13,

1,979,433
2,140,000

$5,425,146

taxes

Other income-'

Int.

^>f

proposed offering

scheduled

,

income

Net

(Palestine Cotton Mills, Ltd.—Stock Price—

now

A

3,156,573

Net oper. income

total

Interest. &

Pan

$1.35

r

Co.—Earnings—

5,763,884
517,365
1,352,589
472,000

(net)

income taxes

Fed.

P.; 985.

Sept.

2,232,260

3,474,815

1948.—V. 170; p." 889.

1949—6 Mos.—1948

revs.— $10,297,689

Generaf taxes

common shares of record Sept. 23
have the right to subscribe, on or before Oct, 17, 1949, at $100
share, for common shares ($100 par) to the extent of one share
each five preferred shares and/or common shares held.—V. 170,

Inc.,

XI,607,576 /

1,678,779
$0.49

$0.59

Electric

General

Total

folders of preferred shares and

■/The

2,489,656

1,889,898

misc.

and

Federal income

Sept. 8

on

Period End, June 30—

18,890,090

charges—*.—

or

Portland

shall
for

1,268,114

.

of record Oct. 1, 1949.
quarterly dividend checks for $1 per share, payable Oct.
preferred stockholders of record Oct. 1, 1949, will be mailed
before Oct. 13, 1949 to all such stockholders.—V. 170, p. 889.

to

on

Rights to Subscribe—

per

$2,162,250

Regular
15

194,699,238
23,034,980 171,093,416 156,879,392
3,130,394
22,896,452
18,929,806

3,657,932

oper.

after

r,

tificates

28,994,101 214,779,553

24,607,449

expenses

Oper.
Net

,93,750

,

called for redemption on Oct.- 15, next,
2,321 shares of $4 cumulative preferred stock at $100.50 per share.
Payment will be made at The Corporation Trust Co., transfer agent,
120 Broadway, New York,
N. Y., to stockholders of the called cer¬

$

29,123,583 215,706,632

147,562

Oper.

Net

shares

fShares outstanding at Dec. 31,

The corporation

1943

1949—7 Mos.-

1949—Month—1943

rev

Oper.

Oper.

/

Gross

791.

p.

$

Operating

Y. $821,250

93,750

local

Federal

$2,256,000

$915,000

$989,250
1,678,779

.

Pillsbury Mills, Inc.—Partial Redemption— >

Co.—Earnings—

Telegraph

&

Period End. July 31-

Uhcoll.

$1,083,000
93,750

surplus-

share—__

common

•Revised,

received SEC authorization to issue and sell
instalment promissory notes to its .parent, The
Inc. (New York).
'',V
note sale will be used by Ohio Fuel in connection

Pacific Telephone

;

Earnings per

Gas System,

Proceeds

to

requirements

3 Va %

of

Columbia

div.

Earnings bal. for common
Common shs. outstanding

has

comoany

$6,000,000

1,480,403

2,117,428

—

taxes—

888.

p.

Ohio Fuel Gas Co.—To Sell Notes to Parent—

'

transferred

Earnings

$143,155
67,174

$250,463

16,894

—'

charges

170,

$29,117

income——

oper.

after

'

*

for depreciation—

Prov.

-

State,

—V.

revenues-

"

Earnings for the period

$2,447,000 j:

$915,000

1

1949—12 Mos.—1948

$23,245,251, $20,494,561 $39,636,974 $33,973,031
1,248,013 > 1,232,997
purchased
2,819,151
1,925,554
operation—__i—
8,854,820
7,987,052
14,638,310
12,978,789

Power

1,790.000

1,363,000

1,055,000 «♦

—

1949—7 Mos.—1948

July 31'—

oper.

Maintenance

$1,809,456
1,489,836
176,465

$2,067,285

$266,887

$297,313

revenues

taxes

Service Co. of Indiana, Inc.- -Earnings—

Period End.

Electric

$50,261,000 $53,006,000 $65,956,000

—

Earnings

Public

; -

Mar. 31/49 *June 30/48

June 30,'49

Sales
Taxes

Oper.

Philadelphia, Pa.—Earnings—

Corp.,

Quarters Ended—

1949—7 Mos.—1948
$2,073,023
$1,814,443
5,738
4,987

751

.i

v

Phllco

'

1949

tAfter

deducting

($39,511,871 in

$13,157,525

1948).—V.

169;'

utensils,

seven

demand

has

days
for

caused,

a

week

Revere

operation,

Ware,

copper

with
clad

three
stainless

shifts
steel

a

day,

cooking

.•

heavy backlog of orders,, it was announced on
Sept. 10 by J. M. Kennedy/ Vice-President.',^
; ..
"Incoming orders since July 15," he said; "have been greater thatf
ever
before in the company's experience.
The evidence is that the
a

.

Volume

period' of
and

up

orders.

"For

the

the

of

circumstances, the

its

plant

the

for

months

seven

substantially ahead
the

v--

■

first

of

1949,

sales

corresponding

company was not

fall

season.

Revere

of

Ware

period a year ago.
Under
able to accumulate stocks at

"The

company's new Riverside, Calif., plant, which began produc¬
shipments Jan. 1, 1949, started another full production line
on
Aug. 15.
Capacity operation of its plants at Riverside and Rome
is not
presently sufficient to meet demand despite the fact that pro¬
tion

and

duction

at

Riverside

is greater

than

at

before

Rome

the

A

are:

6-inch

—V.

170,

Chef

French

skillet

at $4.50; and

cover,

V'\,''

war."

3% % bonds, due 1967, series I
3>A% bonds, due 1969, series J_

6 Mos. End. June 30—

Operating

revenue

Oper.

gen.

1949

-

-Earnings—
1947

1948

1946

.

—

$976,790

$1,117,231

$673,788

$448,776

233,971

312,503

236,696

245,974

$804,728

$437,032

$202,802

♦There

Dr] 38,772

33,152

Drl9,590

Prov.

for

depletion,

and

prec.

$604,047

__

$745,576

$417,502

Net
—V.

16,677.000

amortiz.__^

94,831

-

-

113,411'

-

98,448

Met

•

'

income

profit

Earnings

/

the

94,247 " V

$414,968

share...

per

During

-

taxes-

$0.39

.

$569,292

$357,794
r
$1.16

:

$0.80

.V

ended June 30, 1949 the company earned a cash 7
writing off well and lease abandonments,. loss on sale
depreciation and
depletion and
sundry other non- /
cash items) of
$1,294,610 and, in addition, derived $244,-396 from the
sale of surplus drilling and well
equipment, or a total of $1,539,006,
profit
of

year

(before

equipment,

which was used

Payment

of

Reduction
Cost

of

liabilities
wells and

new

Purchase

follows:

as

-

of

of

net

current

assets

....

(85,200

Total

$1,539,007

—

-V.

^ three banks
*ususl this

The

are

have

borrowed $5,000,000 under an agreement
a secured credit of $10,000,060.
The 3V*%
each Aug. 1 from 1950 to 1953, inclusive.

Cost

covering

repayable

funds

on

been

added

to

working

capital.—-V.

170,

Rochester Gas & Electric Corp.—Stock Offered—Com¬
mon stockholders of General Public
Utilities Corp. were

Electric Corp. at the rate of

of record

solicit

P.-Morgan
GPU

The

1904.

National

AND

It

steam

ating

Incorporated,
Bank

Provision
Net

is

the

Other

of

A
>

Incorporated in

New

df

the

the

for

company

months

12

120,668
105,000

650,526

109,539

t9,548,213 pounds.—V. 168, p. 2547.

America

of

Corp.

$830,469

$256,843
225,262
30,784

—C——

Wholly-Owned

(&

Subs.) —

■

retail

330

were

1949—8 Mos.—1948

1949—Month—1348

31—

$2,483,891 $21,481,811 $21,124,463

units

in

operation

in

against

1949,

Aug.,

323

before.—V. 170, p. 598.

Electric Co.—Merges Subsidiaries—

^

Change Name—See Iowa Public Service Co. above.
EARNINGS

12

FOR

(Exclusive of
12 Months Ended

MONTHS

JULY

ENDED

31

subsidiary companies)
1949
$5,712,152
2,422,605

July 31—

Operating revenues

Operation

1948
$5,248,683
2,287,22?

Maintenance

359,788

266,635

Depreciation

356,207

322,003

740,262

703,555.

General

to
488,401

Net

73,508

Other

;

taxes

$0.82

Total

figures are available for the first six months

Net

555,760

income

487,448

$1,277,525
489,326

$1,181,817
426,030

$1,766,852

$1,607,847

taxes

earnings from operations
(net)

income

Gross

deductions

275,668

270,869

$1,491,183

$1,336,978

148,205

148,205

$1,342,978

$1,188,772

r

income

Dividends accrued

ended

June

4,000,000-gallon

new

day filter

per

on

preferred stock

.

Balance

—V. 170, p. 598.

plant addition is being built

for
Decatur, Ala., by this company.
The addition, together with
slight ^Iterations ifr the existing plant, will be constructed at a cost of
$413,173.
v

York

engaged

principally in the business of generating,
transmitting, ' distributing
and
selling
electricity,
gas
wholly within the State of New York.
Of the total oper¬

revenues

$1,056,137

35,000

Sioux City Gas &
To

807.

p.

18,483

$350,836

taxes—

$2,442,707

year

Rust Engineering Co.—New Contract—

(The)

the

•

BUSINESS—-Copipany

'

There
a

$414,893

169,

12,694

Street, New York, will

subscription offer.
appointed
registrar

been

•

1948.—V.

Of

439,668

158,395

—

depletion—

and

for

Shoe

$871,881

share

common

per

$597,986

..

-

58,993

—

profit ;
:
Lake expenditures.——.
]
exploration expenditures—.

Lynn

Sales

75,975

income

NOTE—No comparative

,

Wall

23

with

has

stock, no par value.-

purchasing,
end

Co.

in connection

agent

Chase

HISTORY
In

&

Net

$179,747

.r

produced—

:•

Federal income

Earnings

metals

revenue

__—

Depreciation

tiust

applicable

—

-

29,480
354,000

proportionate share
minority interests—:
s
Minority stockholders' share of net income

sales—

copper

$795,906

taxes

before

income

Net

subscriptions by the

warrant holders and also sell stock.

common

—

to, pension

2,507

sold——-—L/C-

other

from

2,697

88,627
5,324
*$931,411 t$l,962,408
751,664" 1,364,422
43,500

——

tons

'

Lynch,

will

from

269,124

■

Federal income

for

L

.

copper

Non-operating

2,572,815

-

——.———

—

:

Provision

Lehman Brothers, Wertheim & Co, and
Pierce, Fenner & Beane are acting as
dealer managers of a nationwide group of
participating

as

./

$6,212 payments

(incl.

deductions

fund)

being offered represent the outstanding

dealers who

of

Credits

9,077,570

$64,557 profit on sale of fixed assets)™

Total
Other

Boston Corp.,

securities

ounces

9,642,616

4,831,990
1,285

_______

ounces

Period End. Aug.

——

—

____

Sales

.

Other income (incl.

Rochester common, all owned by GPU, which will re¬
the entire proceeds. In the
offering The First

J.

'

$3,553,186
84,659

Balance

Sept. 8, 1949.

ceive

act

l

227,826 j

110,641

Operating profit of copper sales

v

3,637,845

at $28.50 per share. Transferable
subscription warrants will expire at 3 p.m., New York
time, Sept. 30, 1949.
' v

Merrill

Cost

;

*5,067,652 pounds.

amortization)

and

6 Months

3 Months
.__

concentrates,

return

Net

$12,630,756

and administrative expenses
Depreciation and amortization——

The stock is priced

.The. shares

.

Zinc

SIX MONTHS ENDED

Selling

share for each 10 shares

one

of common stock of GPU held

Gold,

instalment

Advertising income

mailed warrants Sept. 10 evidencing rights to subscribe
for 835,000 Shares of common stock of Rochester Gas &

$92,227
Nil

Ltd.- -Earnings—

1949—

milled.

ore

Silver,
,

(adjusted for unrealized gross profit on
acocunts receivable)
(exclusive of

goods sold

depreciation

208.

p.

of

uncollected

;

'

1948

$47,644
$0.12

:

share

Copper, pounds

Sales-

stamp taxes

cigarette

State

of

$29,939

Metals produced:

(& Subs.)—Earnings—

Rowe Corp.

Sales—net

comPany

with

$1,302,648

CONSOLIDATED INCOME ACCOUNT FOR
JUNE 30, 1949

Reynolds Metals Co.—Borrowing From Banks—

$44,360

112.

p.

Period Ended June 30,

695/''Si:®'^5®

p.

(The)

169, p. 2756.

notes

$1,348,255
170,

4,500

$27,520

taxes-—

common

per

170,

Tons

1949—8 Mos.—1948
$9,276,738 $9,162,236

1949---Month—1948

Sales
—V.

3,219

11,512

900

1,800

1949

Sherritt Gordon Mines,

construc¬

.

Rose's 5-10 & 25 Cent Stores, Inc.—August

432*452

V

shares)

sale

the

period End. Aug. 31—

324 781

equipment

company's capital stock

$44,670 ■"

3,385
10,800

v

after

earnings

—V.

Total

$419,625
362,149

$59,445

2,898

12,000

-----

2147.

p.

Earnings

anticipated

from

169,

Net

additional

,

.

dividends.

of

obtained

be

J

$233,867

,

$1.99

-.

28~661

r

$48,718

;

•'

for period

gain

835,000 shs.

of

that a portion of the required funds may
of approximately 120,000 shares of 'nfew
common
stock, although if circumstances warrant a larger amount
may be issued.
It is expected that, subject to the approval of the
New York P. S. Commission,
such stock financing will be completed
prior to March, 1950. The method of obtaining the remainder of the
funds required in 1930 And 1951 has not been determined but may
include bank borrowings, sale of bonds, preferred or common stock,
of sortie combination thereof.—-Vi 170, p. 986.
'.
/
•
It is

financing.

35,187'

8,162

(R. B.) Semler, Inc.—Shows Profit for Half Year—

May,

approximately

\ 121,064

50,000

62~873

'

15,714
1,456

.;

Six months Ended June 30—

1949 and from accruals to 'depreciation reserve,
$17,COO,000 will have to be provided- from additional

in

689

6,584

—

property taxes, etc—...
for well servicing costs

120,000 shs.
50,000 shs.

contemplates

presently

FINANCING—Company

completed

Abandonments
Prov.- for

$507,518

de-

—

—.

for

Reserve

expenditures of approximately $33,000,000 during the three-year
1949-51.
To complete this program, it is estimated that, in
addition-to
funds provided ffrom the company's financing -program

'

income

6,823

122

4,605

expense

expenses

Reserve

period
Total

12,954

'

tion

304,716

1947

$82,956

11,634

15,000,000

issuance

the

1948

$85,175

11,083
6,402

stock.

preferred

FUTURE

of

(net

to

reapect

1949

$70,931

_

m

8,323,000

1,250,000 shs.

—

with

*

gain from operations—.—__
production taxes__
...
Reserve for deprec. and depletion..

1,657,000

WrVv?**?

—-—

par)—

(no

restrictions

are

and

bonds

income

stock

Common

■'

exps._

Net

3,000,000

1

4%, series F —
4%%, series G

expenses

Profit

bonds, due 1979, series L
($100 par)
__

3%

.

—_

general

and

Interest expense —;

$6,000,000

*
1,1
*
*341,129 shs.

Preferred stock

$742,819

and

Other

(& Subs.)

Other

;:3,ooo,ooo

*

%

—

bonds, due 1970, series K_

3%%

1st mtge.

Republic Petroleum Co.

Oil production

Outstanding

*
*
*

due 1967, series H_

bonds,

____•

Gross

;Authorized

bonds, series G, due 1966

30-year 3%%
3%%

V.; 'v

v

revenue

Administrative

31, 1949

bonds, series D, due 1977

50-year 4J/2%

cover, at $4.25; a lVaspecial utensil rack, at $2.
'• V/' ■' ./v ':■

208.

p.

Total

11

Gas Corp.- -Earnings—

Six Months Ended June 30—

a

CAPITALIZATION AS OF AUG.

and
a

1949,

9,

'

The

quart saucepan and

tne

'

Revere Ware line, greatly expanded this
year, now consists of 30
items, Mr. Kennedy said.
The latest additions, with fair-trade retail

prices,

Seminole Oil &

1949, a dividend of 56c per share was paid
of common stock .then outstanding and on
dividend of 56c per share is payable on the 835,000
reclassified shares.
It is the present intention of the board of direc¬
tors. to declare a
dividend" of-56c per share, payable on or about
Jan.
15, 1950.
It is also the intention of the board of directors to
pay dividends quarterly on the common stock but dividends thereafter
are
dependent on the future earnings and financial condition of the
company and other factors.
/'"■ :-V:;,.i'-i'• ,/•'

were

(1087)

CHRONICLE

FINANCIAL

&

par).
On July 27,
775,914 shares

(no

on

Sept.

•

Lv X'VI-/:".

..

COMMERCIAL

THE

Number 4839

hand-to-mouth buying and inventory reduction has ended,
nearly clean shelves both retailers and wholesalers are step¬

with

ping

170

floccuiator Arid

194®,

approximately 63.6 was derived from the electric department,
approximately 29.4% frbm the gas department and approximately 7%
the steam department.

facilities to be built
Chemical building.:
Other

River.

Tennessee

'

30,

(L. C.) Smith & Corona Typewriters, Inc.—Ann. Report
'

CONSOLIDATED

riw Wa'tfcr main will *be installed from existing intake on

:A" new

a

Constrtlction Wll be completed 'within

a

Years Ended June 30—

include a settling basin,

Net

year.—Y. 170,

of

Cost

792,

p.

INCOME

/

'

ACCOUNT

1948

1949

V

sales

sales

-

$23,454,784 $26,335,693
14,605,957
15,782,086

,

from

•

The

territory

area

served has a population in excess Of -515)000.
The
with
electricity
extends
over
approximately
1,'950
(population in excess of 500,000) and that -serVed with

miles

extends

«as

over

approximately

660

miles

square

in

the

Counties

of

Livingston,
with

the

Wyoming
other

and

electric

District

Allegany)

properties

(located

the 12 months ended June 30, 1949, all of the
and steam operating revenues and approximately

pany's

gas

of

company's

the

electric

operating

revenues

were

derived

Net

com

During

pany.

not

are

the

of

Average weekly
Net. income

com¬

share of common stock___
declared-^—

dividends

Preferred

95%

from

—

dividends,

paid

or

accrued

As of

the

y

•

V

towns

and

operating
At

of

revenues

derived

were

from

the

Genesee

June

30, 1949/ the company served 161,811
141,568 were residential 'including farm)

whom

the

(consisting of the City of Rochester and neighboring
villages) and approximately 5% of the company's electric

12

months

company

dential

customers,

Industrial
from

ended

30,

electric

1949,

approximately

27.3%

from

customers,
customers. During

operating revenue

street

liabilities

lighting,

and

At

30,

was

Net

;

current

assets

After providing for

y. San

the company served

residential

customers, J 2.9% from commercial customers,
9.4% from industrial customers, and 2.4% from other sources.
1 Of: the total amount' of gas sold by the company during the 12 *
months ended June 30, 1949, approximately 93,7% was manufactured
enriched

*

76,844,463

capital

working

Ratio of

househeating

gas

with natural

and

the balance

was

straight natural

to

current

liabilities—

had

2.55

and

.

*12 Mos.

revenue

31—

/!

1949

,

Earnings

1946

ended
and

June

1948

1947

1946

$2.50

share_____

per

months

stock in

475,332
Maintenance

i

——

G.cneral taxes
Federal

taxes

208,955

$558,904

share__;

common

$1,537,177

200,000

payt. of dividends

surplus before

$1,737,177

fund

$4.77

$1-73

r

;

1949

ii,'.''

,

for

Prov.

127,796

Gross

income____——

J„

4,445

L—

to

depreciation of $4,767,939), $5,542,187; patents (sub¬
amortization), $4,495; prepaid expenses and deferred charges,
goodwill, trade marks and formulae, $947,965; total, $18,-

LIABILITIES—Notes

..'

payable

to

banks,

$1,750,000;

trade and

other

payable $732,114; notes payable maturing July 15, 1957 (pay¬
ment due July 15, 1949), $300,000; U. S. income taxes payable, $459,378;
Foreign income taxes payable and accrued, $34,611; U. S. income taxes
accrued,".. $31,280;
other taxes and expenses pavable and accrued,

4,415

;

doubtful

accounts

$428,307

$515,435

_____—

$107,087;

bonds,

for

331,493./;■;vv ,j

117.324

^

depreciation—

profit

war

reserve

$310,665;

135.323
'•'•I 168,781

171.021

s_

on

ject

113,731

99,364:

——

'

$942,129; coupon book and

inspection contract liability, $308,985; notes

15, 1957, interest 3
% —payments of $300,000
annually on July 15, 1950 to July 45, 1957, -.inclusive, $2,400,000;
reserve
for
automobile collision
and- branch office fire insurance,
$51,068; reserve for unrealized losses on foreign exchange, $68,541;
reserve
for
employee
retirement pensions,'; $300,873; common stock
(no
par)
(issud and outstanding 322,613 shares, less 44 shares in
treasury), $4,484,991; capital surplus, $583,250; earned surplus (accum*
ulated
since May 31,
1934); .$5,854,274; total, $18,331,493.
V»- 170,

Deductions'

't

Net

.

income

Dividends

due

100,292

/ 110,050 "

$332,430

$409,830

—

;

39,485

preferred stock—______

on

$432,722

$519,881

deductions

before

Balance

$2.85

$2.76

$2.24

30,

.

.

1949.

tl945

i

.

in? 1944

Aug.

and

$1.06

tEarnings applicable to

29,

reclassified

1949,
from

the

*•"-'•'» :J

'

•

*

.

outstanding common stock of the company
shares (no par)
into 835.000 shares

775,914




stock

common

.

35,626

$296,804

$370,344

—_

598.-

p.

245.

p.

have

directors

declared

a

of

were

paid

first

three

tribution

on

cents

40

13, 1949.

,

,

,

Gross

Like amounts
the
dis¬

12,
on

corporation

1949,

equal

to

that date.—V.

reported

total

net

assets

.

$49.23 per share on the 557,807 shares
169,

p.

2648.

' / ;

$4,259,763

$380,547

$425,030

earnings

■

1949—10 Mos.—1948

1949—Month—1948

July 31—

:

-Earnings—
$3,777,36?

79,850

56;545

704,730

610,924

170,635

I 192,184

1,960,962

1,825,026

Int., deprec. and divs—

151,853

V

I.

<

4

136,779

,

1,502,645 •.; 1,361.290

■

Surplus

outstanding

'..tyV

.V.-.v/i;/'V'

Operating and maint

..

of $27,461,365 on Sept.

7

1

*

•The
:

/./

Period End.

share,

March 21 and June 20, this year, and in each of
of 1948. On Dec. 20, last year, a year-end
$1
per
share was made.
'
,,

quarters

of

per

,

Southern Canada Power Co., Ltd.-

Inc.-^O-Cent Div.—

dividend

payable Sept. 20 to stockholders of record Sept.

in

of an aggregate of $8,000,000 par value of preferred
y*

for

Scudder, Stevens & Clark Fund,
■The

common

subsequent years were substantially greater than

1946.

—v. 170,

tl944

$1.17

years

and by retirement

available

Balance

because dividends on preferred stock were decreased by a
re-classification
of 6%
and 5%
preferred stocks on Dec. 28, 1945

On

<

Crl48,000

(after reserve for

1948

$1,389,728
42.6,260

$1,597,904

—

—

Calendar Years-

.

1949

was

per

70,289

lo;s

$558,904

employee retirement

in

British

(after

been

-•

stock

under

Revenue Ccdc__

$947,183; Dominion of Canada
accounts and notes receivable—trade
accounts of $167,198), $3,274,519; other
accounts receivable (less reserve), $48,742;
U. S. income tax credit
under loss carry-back provisions of Internal Revenue Code (estimated),
$143,000; inventories (at lower of cost or market), $6,959,630; noncurrent
receivables and investments, $41,012;
p'ant and equipment

61,705,986

3.36

,

Jose Water Works—Earnings—

12 Months Ended July

Operating

"AND .DlVlDENDS^Eor

provided for on a separate return basis,-.the earnings
pir share of common stock after providing for; preferred stock divi¬
dends in such periods, would have been as follows:
•
)

.*12

credit

CONSOLIDATED BALANCE SHEET, JUNE 30,

dividends on preferred stock.—V. 170, p. 890.

Non-operating income

the- fears 1944 through 1948
and for the
12 months ended June
30, vassuming that during the
ehtire
period the 835.000 Shares of common■: stock presently out¬
standing had been outstanding, that
the net income of Canadea
Pbwer Corp. had been paid to the company and that Federal income

prior

tax

income

payable maturing July

^EARNINGS

tAxes

for

1,087,438

60,812

taxes

S.

U.

250,319

431,671

income for the year

Earnings

*

gas.

income

Increase

purchased

1949,

$3,145,223

253,062

——;

taxes

ASSETS—Cash in banks and on hand,

6.1%

129,713 gas customers, of
(excluding househeating)
customers.
During the 12 months ended June 30, 1949, the gas operating revenue
of the
company
was derived
approximately as follows: 51.8% from
residential
(excluding
househeating)
customers,
23.5%
from
resM

E®s-

Net

109,367,548 101,644,959
32,523,085
39,938,973

—_________—-

deductions
income

Provision

from

and

.•.•-•..--v.,

were

111,339

dential

56.877,258

___

—

______

liabi.ities

.■-■■'OO-

77,743,709
66,909,266

86,972,309

103,858

$3,069,078
; 76,145

--

carry-back prov. of Internal

approximately

1949,

balance

June

whom

1

inventories

assets

Current

Current

company's net output

30,

the

52,523,085

________

___

Merchandise

resi¬

of electricity for the 12 months ended
95.4% was produced by the company,
mainly from Buffalo Niagara Electric
Cjprp. and New York State Electric-& Gas Corp.
...
June

______

$

S.

income

Estimated

138,040,820
60,297,111

139,495,394

Net -assets

the

of

as

public

■; •: '

..

assets

Total

electric

follows: 37.0%
from
commercial
customers,
24.3%

from

5.3%

customers,

other■ sources.:

Of the

June

derived

was

Total

District.

■'A'ZK:

<£

Rochester Disrict

314,752

$1,052,591

profit from operations

Foreign

June 18, '49 July 10, '48
VJ.'.

•'

V

Other
U.

1,285,323
452,005

441,731

i.

—

:
:

■

Other

$1.07»

$2.53
1,413,855

—

333,009

$1,156,449

Net

2,218
10,378

—_—

7,169,777

7,463,227

expenses-

Provision

3,200,507

operation——

sales per store

earnings per

Common

2,083
10,391
6,943,147

Average number of stores in

fully inter¬

are

$8,848,828 $10,553,607

profit from sales
general and administrative
for depreciation

Selling,

18,'49 June 12/48-

518,702,572 552,540,815

salCs

Net

The "principal electric properties of the company
connected, except that the properties in the Genese

directly interconnected

June

24 Weeks Ended—

of -400,000).

excess

In

(papulation

(& Subs.)- -Financial Highlights

Safeway Stores, Inc.

provided

square

Gross

1,——

*Deficit.—V; 170. p.

402.

$22,692 •

I

,*$4,960

•

$91,426 ' ' *$19,878

12

.

totaled

this company for
kwh., as compared

2,967,000

corresponding week last year,

a

Gross

Fed,

taxes

The

company

Watts

purchase

Building,

has

to

authorization

SEC

requested

a
16-story
office
building in
Birmingham
Properties, Inc., a non-affiliated corporation.

Downtown

the
from

taxes

Associated

has

connection

in

construction

123,370

$3,181,406

$3,075,269

$6,551,255

$4,479,357

*34.408

*15,072

*63,055

$3,181,406 -$3,109,677

$6,566,327
2,630,489

,$4,542,412
3,156,586
$2.16

Among

?_

1,052,195

share.™

$1.51

paid
per

'-Deficit.

of

:v

.

■?'

$3.12

'??:?:? ?

.

include

statements

financial

consolidated

domestic

all

1,052,195
$1.48

the

The
and

consolidated

date,

of

securities for
included

not

sheet

balance

liabilities

current

investment

in

shows

$9,373,209

which

current

of

assets

current

In

program.

Also
the

Operating revenues?™
Oper. er.u. & taxes.™

,

Operating expenses

534,568
111,609

_

Pro v. for depreciation
T;axes (other than inc.) *

118.587

__

'

118,971

•

Net oper.
,

$1,313,683 $16,534,640 $14,516,627 .?
521,132
,6,130,271 ? 5,553,534
K
97,875"
1,280,553*
1,051,330 '
97,767
1,306,198
1,073,225
98,132 r ;l,314,861'"'1,145,430 .

$1,451,862

Maintenance _____'

1949—12 Mos.—1948

1949—Month—1948

31-—'

Other

totaled

assets,

$1,967,259

or

$4,426,248

at

".

other

&

(net)

$447,298

139,264

.

$5,683,056

$6,502,755

$498,776

$568,124

income

918

75,718

39,660

$499,694

$6,578,474
2,571,916

stk.

170,

$5,722,716
2,112,042

$4,006,557

Pref.

—V.

3,630
$571,755

$3,610,373

Other income

$383,053

divjd.

require,

? '

535.

p.

'

Gross income
Income

Net

'

___'

deductions
income

Accrued

...

dividends

cumulative pfd.

on

applicable

—V.

stock...

'J

i 386*674

.

Operating

income

,

Other

inebme

Spiegel, Inc.

(&

Subs.)—August Sales Increased—

Period End. Aug. 31—
1949—Month—1948
sales
——$11,1,18,014 $10,917,270

'*

1949—8 Mos—1848.
-

'

Income

Net

.

$7,465,481
sales—

$8,343,685

4,385,638

Add! compensation to

266,128

'

.

•

r

of

■

The

$1,389,336

securities

$1,980,740

'

19,380

17.076

•••.'-•

11,834

*

'■

'

-i.

$1,420,398

________

and

deposits

of

like

$1,069,200

>403,422

440,097

$5.47

BALANCE

and

SHEET

"

■

cost

accounts
securities
for

reserve

preciation

Total

and

?

'

;

044,115

4,607,30b

7,843

76.169

i

91,183

surplus

„

$487,041
"

ZI.IIIIII

169,

1272.

p.

raise

to

MONTHS

ENDED

JUNE

of

Service

the

the
a

tion

Volume
Net

ot

business.

income

—V.

168,

$10,178,388

after taxes

Earned per share

on

$0.83

,

stein Roe & Farnham
Fund, Inc.,
The

company

BEC covering

on

Sept.

filed

6

77,900 shares

Chicago—Registers

registration

a

{$25 par)

statement

capital stock.—V.

with

170,

South

the

.

Bros. Stores,

-

iPeriod End. Aug. 31—

Sales

the

same

utIn prlces
toe

1949—Month—1948
$1,126,357

Approximately
from

Jnc.—August Sales Decrease—
$1,81®,345 *$6,328,581

cne-half of the "ciecrease of
period last year, is accounted

merchandise. Sales for the six

$1,909,884
for

by

the

line;

per¬

cubic

feet

pipe.

filled

will

the

served
of

New

the

J.),

cubic

upon

months ended Aug

31

and Treasurer,

bank

-

Brooklyn

Sept. 10 said

Jt .is not anticipated that September sales will
«2.038,413 net sales obtained In September 1948

gdnstatement of Begulatlon W. Although
Dal sales increases will
be

even

% VomtP}\V%arnthS

part:

annrnarh

J™

preceding

It Is expected that

shown, .beginning with the
V»bef and continuing for the rfive months ending Feb

in

the

S?

^Ppr05(il»a{in8 sal«

of

the1

1950

w° h

Gas

Gas

near

will




°B'ned

^.Morrlstpwh,

of

court

corporation

-

suits

and

have '
of-the?

that

officers

liens

against

social

taxes,

-

.

Auto Firm

Colnon

and

?•' /?';*

■ ;■.■,

Can

John

928.

p.

Be

Reorganized—

Chatz,

H.

reported

that

no

Corp.—Loan

Sept.

on

?

-

15

approved

Approved—
proposal

a

Finance

Reconstruction

of

to

borrow

not

Corporation,

the

1949.

an
additional $2,000,000 under
July 1, .1948, and on Aug. 31
outstanding.
Interest is 2 'A %, or

notes

is

H.

payable in ten
1950,
with a

are

June

30,

halffinal

1821.

p.

;-f-

notes

beginning

5%

,

-

»

June 30. 1955.
These funds will be used for the
tank car equipment and for general corporate pur¬

new

'

of

the

and

greater;

-

Bank of New

on

/■;.■

v

-

•. •

■-*/•

/?.?'•••

•• •

.-

'

'

-

-

?..?

Laboratories, Inc.—Further Expansion—

•

Gotthilf,

s

,

April

>■

J.

N.

accomplished
of

137,120

the

by

that

states

FPC

the

horsepower

construction

line

the

1949

construction

is

Federal

■

Securities

Judge

company

and

of

Gross

sold

more

the

River

Coosa

in

Net

the

completed.—V.

McCarthy: at

T.

Commission

than"? $43,"000,000

of

its
the

It

the

enjoining

directors

anti-fraud

said

Bjpris,

"permanently

officers,

and

provisions

Boston,

complaint
worth

William

Anthony Denish

L.

Purely,

Trusteed

employees
of

defendants—listed

the
as

Frederick

170,

p.

Sept.

9,

charging

upheld

that

securities

of

to

more

than

reported

-

dividend

stock

—V.

170,

,

.

-

.

«

$445,142
118,443

52,500

t

52,500

$231,809
$1.16

$274,200
"
$1.37
*.

599.

p.

t

$326,700

requirements

stock and surp.
share (200,000 shares)—

Earnings per common

Funds,

...

Inc.,

and

Daolton

further

from

A.

of

that the

The

$23.50

\

-

violations-

a

cents

73.16

certain

share and an underwriting compensation of
.

share.

a

Stockholders

of

record

at

the

close

business Sept.

of

13

given

are

one
new share for each .eight held.
Rights
Oct. 5 and subscriptions are payable at Utah
Savings & Trust Co., Salt Lake City, Utah.
Any shares not taken
up will be purchased by the underwriters.
Other underwriting proposals received at the sale included: Kidder,
Peabody & Co. and Merrill Lynch, Pierce, Fenner & Eeane (jointly),
$23.25 a share, less 5c.; Lehman Bros., $23,125 a share, less $0,839;
Blyth & Co., Inc., $23,125 a share, less $1,115; W. C. Langley & Co.
and Glore, Forgan & Co. (jointly), $23 a share, less $1.10.

to

purchase

p.m.

(MST)

right
3

STOCK

COMMON
of

the

company

stock

mon

-were

DIVIDEND

RECORD—Since

the

Vincent

Votolato,

firm's

securities

"were

Connecticut and

,

reorganization

in 1946 dividends cf 30 cents per share on its compaid May 1, July 1 and Oct. 1, 1946; Jan. 2, April 1,

.

-

July 1, and Oct. 1, 1947; 35 cents per share on Jan. 2, April
and

Oct.

1,

1948;

Jan. 3, April

and .40 cents per share

1, July 1
and July 1,

1

•

The next regular quarterly dividend date will be Oct. 1. 1949; any
declared for. payment on that date will be payable to stock¬
holders of record at the close of business on Sept. 3, and accordingly
the
additional common stock
will not be entitled to such dividend.,
1949.

T.

the injunction.

12,000 residents of Massachusetts,

which the company is making to its stock-winning bidder named an offering price;

par)

(no

final ?

Griffith, ..Joseph

Blenkhorn,

Offered—'

Co.—Common Stock

headed by the Union Securities Corp. and Smith,.

holders.

"?:?"''1??
a

Light

&

Barney & Co. (jointly) submitted the highest bid Sept.
13 for underwriting an offering of 148J55 common shares

a

New

Power

A group

the

to

the court signed

and W. Reid StanwQOd—agreed to

The SEC's announcement
sold

—

Balance applicable to common

?";

928.

Securities Act."

M.

4,221

$411,656
127,348
$284,309

.>

deductions

Utah

Inc.—Enjoined From Sale of Its Fund

Tbe SEC's Boston office announced that

of

$440,922

/

1,151,046

Dr4,185

income

Preferred

Alabama.

Englanders by "making untrue statements of material facts."

judgment

1948

$1,591,968

$415,841

taxes

(net)

income

Income

the

*

William

1949

$1,725,289
1,309,448

1

and

expenses

income

expire

Exchange

t

the

of

across

r

988.

p.

—

other rivers, including the Pearl River in Mississippi and the
Tombigbee in Alabama will be crossed with single 30-inch under-water
before

170,

Utility operating income

Seven
lines

the announcement concluded.—V.

year,

Other

at

company

Construction

30-inch

a

each

.

rayon

originally

the

addic¬

with the two 24-inch under-water lines.
Suspension
will carry two 30-inch lines across the Atchafalaya River in
and

Inc., a textile mill, was incorporated in 1944 to
and cotton divisions of The Lorraine Mig. Co.,

Mills,
the

was

Operating

cubic
If

by

simultaneously with the building of
facilities.
Cost of the
changes, additions

loans.

authorized.

over

Operating revenues

lists

18,000,000

Camden,

be

Increase

an

application

for

Ca

at

or

it

The

Co.

"

TeZh?CsTpPtln8y"-v!t?oS,%r.%9?8 f<"mally

.

Upper Peninsula Power Co.—Earnings— >.

be. crossed

Oc-

the same'

series

long

the

12 Months Ended June 30—

1949

the

substaH-'

month

*

:-■.??•?

established in 1896.
The Raycrest sales lor the
last two fiscal years ended Sept. 30, 1947, and Sept. 30,
1948, were
in excess
of $6,000,000 and $9,000,000,
respectively, and the profits
before taxes for the same two years were in excess of $1,200,000 for

Union

pipeline was started in
May at Laurel, Miss. .To date 417 miles of pipe: ;have been placed
along the right-of-way; 325 miles of right-of-way have been cleared
ajid graded, .and 175. miles of pipe have been laid.
In addition to
the 605
miles of main line to be laid from Eunice, La., to Athens,

_

on

-

alleged

Inc.,

change
i
size of sections of the
about 362 mdes, from 26-inch pipe to

with

estimated

Trusteed Funds,

company16 hIg eSt for any six months'. period in the history of

rC. S. LaRue, Vice-President

of

the

which

com- •

York,

proceed

authorized

Plans— *

in

:

a

non¬

that

?-

?

Chemical

50?

Raycrest

increase

to

374,200,000

be

Edison

(N.

FPC

to

will

23 18

decline

for

in unpaid taxes. ?A similar
the County Recorder of Washsometimes -resides
in?Ypsilanti,

the

and

aggregating
?
?*

was

$8,248,465
or

(111.) Recorder's office,

filed

12

11, 1949, meeting of stockholders of Universal Laboraa plan of recapitalization was approved which authorized
preferred and common stock for acquisition purposes and,
while negotiations have not been concluded,
it is contemplated that
the major portion of the purchase price will
be represented by the

'

1949—6 Mos -1948

a

Sept.

on

corporation,

acquisition.

At

the

Sterchi

and

President, announces that the directors on
S<?pt. 14 had approved in principal the acquisition of all of the out¬
standing capital stock of Raycrest Mills, Inc., in exchange for securities of Universal Laboratories, Inc., and has authorized the officers of
the company to continue negotiations looking toward final terms for

Co., the Long Island Lighting
the Philadelphia Electric Co.

Jersey

made

stations,

capacity

application

Louisiana

;

in

Tucker,

170,

instalments

t?

construction program calls for complete erection of five
compressor stations and several river crossings.
The Mississippi River

the

987.

p.

Consolidated

the

compressor

facilities

bridges
■

Deposit

borrowed in August
with two banks dated

i- Universal

Gas

asked

from

Co.,

Co.,

be

Ga.,

$1 06

Mr,

Aaron

poses.—V. 169,

and
$50^386,000.
In
its
application Transcontinental proposes to finance the work by issu-;
ance
of
$32,000,000 of bonds,
sale of *$2,650,000 of common stock
through exercise of purchase warrants now outstanding, and through

223,760

stocks

Gas

Lighting
Gas

authorized,

Will

com.

and

County

is

extensions

2329.

p.

The

presently

$6,718,901

266,632

___

class A and B

Mr.

another

was

whichever

Morris

340,000,000

302,500,000

which

Consolidated

to

ten

30-inch

the

delivery

in

of

from

capacity

day,

compressor

new

'

Federal

»

1

approved

way

above the rediscount rate of the Federal Reserve

purchase

169,

The, carrier

from

permission

Borough

customer

authorized

:

Kings

short-term

1948

the

or

no

to

and

Commission.

customers

are

Elizabethtown

new
a

sought
the

Electric

the" Brooklyn

increase

30

1949

Y.,

capacity

customers

Among
the line

Public

feet

to retire bank indebtedness.
FOR SIX

delivery

also

present

day.

•

? EARNINGS

the

Co.,

of

?

Federal .Power

company

a

as

loan, due $60,000 annually from June 1, 1951-1958, and
$120,000 June 1, 1959. The loan was obtained from In¬
vestors Diversified Services, Inc. Proceeds will be used

in

were

$35,150

with
-Tucker

County.

-

$10,000,000

so

the

and

State >Loan & Finance Corp.—Private
Loan—The com¬
pany on June 1 obtained a $600,000 4XA% subordinated"

Plans

707.'

company

shares

to
to

the

5,013,606

alleged statement "that Com¬
guaranteed against loss by
Deposit and Insurance Corp.

794.

were

take

9

Co.,

$9,945,055

-

were

investors."

...?..

payment of

delivery

its

N.

were

of

Gas

1,964,433

5',407,513

extend

to

County,

time

but

Inc.,

The

901,392

$10,038,415

____

plans

Westchester

Mich.

agreement

tories,

feet

1,466,990

1 gg4 433

'

debentures.—V.

fund

Pipe Line Corp. —Natural

Gas

any

which

or

Government

County

other levies.

p.

of 1%

Through the Westchester County extension, the company will
deliver 100,000,000 cubic feet of gas a day to the Northeastern Gas
Transmission Co. for distribution to New England.

$598,614

712,438

1,46,6,990

_

Operating surplus

r-V-

corporation

pletion

(146,699 shares)

170,

there

u;,-?1?:./:;-

r;v(

.

at

fees

having approved application for such amount on June 23,

The
an

Westchester, if FPC Apprdyes Pipeline Increase

into

delivery

payable and accrued expenses—
Accrued .Federal, state and town taxes

...}-

full

guaranteed

group has presented a reorganization plan for the corporaIndicated that they could raise the necessary funds to gat it.?

Bronx.

$9,945,035

Accounts

■?:

■

would

principal

or

York,

sinking

4?.

an

Federal

government

Washtenaw

against

shares

498,295

$10,038,415

par value

had

charges

of

day to 505,000,000 cubic feet.
The line, which will be. completed
by April 1, 1951, would extend from Hidalgo County, Texas, to the

1,270.356

491^732

no

Board

Reserve

dismissal

for

923.

p.

in

a

577,203

1,497,271

—

Common stock of

Federal

appeal

been

outstanding

mission

91.183

987,604

amortization)

ol

2758.

Sept.

13,590

____

amortizationi__

170,

to

Union Tank Car Co.—Borrows From Banks—

'

of natural gas from
the New York-Con¬
necticut State line,
it was announced Sept. 9. 1 Application for an
increase in the daily capacity of the company's pipeline now under
construction along the 1,840-mile route through 12 States was made

; .LIABILITIES—

Capital

latter

given ICC authority to issue 64,505 shares
preferred stock (par $100) in exchange for a

has

cumulative

amount

Texas

1,400,510

5,618,714

market—

receivable

(cost)

19.—V.

Sept.

on

company

5y2%.

The

1948

361,710

charges

_____

was

Line for*
•

$478,393

Buildings (less reserves for deprec. and amort.)
Machinery and equipment (less reserves tor deDeferred

the

its

on

was

in

not

were

maintenance

by the

Fund

p.

more?than -$525,000-from

tendency pending against it.
Holding in effect that
taken prematurely, the Board ordered hearings re¬

Transcontinental

$7.78

30

657,888

or

that

9

tune

the

stockholders

535.

Sept.

in

simultaneously

trustees,

or

The

440,097 i

$324,469

currency

?__

Miscellaneous
(less

$777,176

$1,141,242

$7.29

JUNE

potes,.redemption value? ?■
receivable, customers (all considered

collectible)

Miscellaneous
Land

$723,710

here

The

118,669

758,500 •

...

Inventories, lower of

<

$2,018,411

136,737

1949

oemand

to be

'$8,404

this

S.

U.

withdrawn

approved

the

166,

filed in Cook

Action

yearly

669,300

$803,068

paid

share

per

Accounts

$5,027

said

SEC

were
or

the

-Unexcelled

Transcontinental Bus System, Inc.—Exchange of Sees.

■■

$1,875,237

H. ,8. savings bonds and

»

i.

120,330

ASSETS—

.*

i

497,000

__________

declared

CONDENSED

Cas.i,

505,600

appeal

sumed

p.

Income

Earnings

108,904

456,100

12,505

i

Total income
Other charges (cash discounts, etc.)
Reserve f6r U. s. income tax.
Net

131,289

5,100

...

"

12,362

from

$1,344,023

18,700

Operating profit

Other income

Dividends

11,377

2,500

monopolistic

the

W

15,301

at

by

into operation.—V.

310,957
$1,391,680

pass

invested
as

.Trustees of the corporation on Sept. 14 reported to a Federal Court
judge "it appears extremely doubtful" that it can be reorganized. ^ ? J

tion

$1,080,721

376,386

to

amounts

guaranteed

"the moneys paid in by investors

and

and

paid

Commonwealth

County,
is

person

$934,714

$6,954

$1,311,099

corporation

the

or

were

the "court-appointed officials, ..who had been ordered to —
a
reorganization plan or report why reorganization might-not feasible, asked District. Judge Michael L. Igoe to let thenr have
until Oct. 3 to consider the question.
?.??/;.??'?:??
??:'i »

2,568,016

17,927

declined

r

submit

Transamerica Corp.—Case Delayed—

1,107,612
; 342,669

i

361,374"

' "

•

$8,161,913
4,722,892

4,311,107
1,327,181

employees™

>1947

-

1,424,379

Belling and general expenses—

.

2,791,082

$24,882

p.

was

be

$22,829

170,

untrue

as

However,

v.

.

;

income

by

Plans

-owes

filed

—V.
•

1948

1949

Sales

Income

>

,

Starrett Co., Inc.—Earnings—

Years Ended Jime 30—

of

$926

Federal income taxes...

—V.

Cost

,v

$73,732,110 $79,155,826 ?

-T-v. 170, P. 599.

(L. S. )

$865,050

?''•?:?????
21,903

or

interest

amounts

Trustees Doubt

'

$3,725,796 ? $3,648,739

188,382

(net)

income

year,

founding

untrue

filed

security and
j- '-'■■■■ •* ;?•:■

v.

■

1949—12 Mos.—1948

$195,336

^

described

company.
The Federal Government has already filed
the company for non-payment of employees'-withholding

$4,011,432

deductions.

Total

Net

taxes

SEC

Jarecki, Collector of Internal Revenue,

lien,

,The
$2.68

695.

p.

$201,042

___

inc. before Fed.

Oper.

$3,248,693
$2.41

$3,619,883.

stock..

of common

*

1949—Month—1948 "

taxes

&

been

-

200,116

revenues

exp.

jj—"•':'

$865,050

Texas Public Service Co.—Earnings—

361,980

'

..

$4,342,852

of

shares

___.

per share

170,

1,349,832

stock

commpn

Earnings

to

the

investors,

per

pay

Corp."—V.

was

which

""?/' "'

Period End. June 30—

Oper.

/Balance

-—:—...

■

.

period.'—

the

for

"$6,058,117

$299,786

,

not

the

fact

Tucker

tenaw

147,512 ? 1,715,265 V 1,498,219
■

'{Net operating income

Net

the

to

6?

Government

T.

The

lien

'

•

loss
of

old

guaranteed

Mr.

,15,944,236

1,382,471 ? 16,866,925

$5,509,651

'

and

against Preston Tucker, President of the
payment of 1947 income taxes.
i/?..???^

$5,471,804
37,847

'

as

Brockton

•Tucker-Corp.—Income Tax Lien Filed—

1949—12 Mos —1948

$522,317

™_™J"

deductions ."

in

paid in by investors were to be on deposit
be withdrawn in full at any time upon

could

or

Fund

8.

offices

Quincv,
Sprlngfieid
and
Woonsocket, R. L., and Hartford

the SEC complaint said,
deposit, could not be

from

In

The

'Gross Income
Int.

branch

lien

$521,037 / '$439,275 .,$5,997,153
1,280
8,023
60,964

(net).™

any

known

carrying

$1,821,746 $22,864,078 $21,416,040

1,446,222

revenues

Income

charge

Bedford,

which

amounts

substantial

Insurance

:-Southwestern Public Service Co.—Earnings—
revenues

not

securities

were

1949—Month—1948

'

"did

sold

»

labeled

U.

when

Texas Power & Light Co.—Earnings—
Period End. June 30—

on

monwealth

John
?

remainder will be used to reimburse the subsidiary's treasury for
other construction expenditures.—V. 170, p. 987.

Period End. July

fact,'
not

to

amounts, and $12,681,699 based on market quotations.—V. 169, p. 2688.

The

Operating

without

deducted

$20,570,678

and

through

New

Providence

full

loss,

.

Plans"

Milford,

intact,

subject

June 30, 1949.
Holdings of
market quotations on that

at

there

complaint

interest."

were

two

Stone &

of

its

sponsored

statements

the

without

accounts

Webster, Inc., other than
807 -owned corporations dissolved and in process of liquidation.
subsidiaries

firm

Conn.

interest

receive

? ?.?/'

■

the

that
remain

or

and
______

that

funds."

Funds

Bridgeport,

one

__

.NOTE—The

its

with

240,733

122,391

__

Dividends

a

incurred

258,156

71,911

minority

Net income

subsidiary of General Telephone Corp., filed with
the SEC Sept.
14 a registration statement covering 10,000 shares of
cumulative prefeired stock, the dividend rate and price to be filed
later by amendment.
Subject to clearance by the SEC, it is expected
that the shares will be offered to the public early in October by an
underwriting group headed by
Paine, Webber, Jackson & Curtis;
Bfone & Webster Securities Corp. and Rauscher, Pierce & Co., Inc.
Proceeds from the sale of the stock will be applied in part to the
reduction of loans from General Telephone Corp. which Southwestern
company,

123,906

and

request

10,000 Preferred Shares With SEC—
iThe

Commonwealth

2,552,972
771,297

128,587

_

to

interest

Co.—Registers

Telephone

3,770.128
876,150

57,267

Balance

Applicable

Earnings

Associated

434,011

debt expense

property is to be acquired
by Downtown Properties to

Southwestern

1,449,112

441,666

*

-_„_™—

Deprec. and depletion..
Interest and amort, of

subject to a $640,500 mortgage
made
Metropolitan Life Insurance Co.
for a cash consideration of $53,500 and the conveyance to the seller
of vacant property
in Birmingham now owned by
Southern. The
vacant property consists of a 200 by 300 feet lot in in the business
district acquired by Southern in 1946 and 1943 at a cost of;$530,550.
—V. 170, p. 987.
•The

1,890,407

income
Other

added

It

the

Haverhill,
Lynn,
Worcester,- Mass.;

on

-

Building—

Southern Natural Gas Co.—To Purchase

of

the

8,704,867

10,647,845

5,166,205

5,047,870

expenses

for

Prov.

Island."

misconduct

1943—12 MOS.—1948

$10,747,203 $10,320,414 $22,225,925 $16,872,596

earnings

General

Monday, September 19, 1949

Rhode

(& Subs.)r-Earnings—

1946—6T Mos.—1943

Period End. June 30—

the week ended Sept. 7, 1949,
with 3,314,000 kwh. for the
decrease of 14.7?? .—V. 170, p. 986.

of

output

FINANCIAL ' CHRONICLE

&

Stone & Webster, Inc.

Output—

Southern Colorado Power Co.—Weekly
-Electric

COMMERCIAL

THE

(1088)

dividend

.

,

TO

SELL

BONDS—Company

public.$3^000,000 first
interest

rate

on

also proposes

mortgage bonds,
arid the price

bonds

to issue

and sell

series due Oct.
to

be

paid

the

1,

to

1979.

company

the

The
for

the

will

bonds

by

fixed

competitive-bids

by

;-V.

y\y

invited

publicly

be

to

» fV

/

.also

such

be

may

The

to

clude capital expenditures

W

HISTORY AND

of

any

its

corporate

which

purposes,

for construction.

has

It

net

applied

produces and

' SUMMARY OF EARNINGS, YEARS ENDED MAY
1949

sales

Net

•

It

BUSINESS—Company

is

public

a

>

Cost

of

goods sold

—

was

2,206,722

$1,601,259

$2,392,043

„

portation

ahd

properties.

In

properties

July,
Salt

to

transferred

its

Traction

it,

no

67,240

its

subsidiary's properties.
$12,251,000
1950,

of

bonds,

May

1,

pany's

its

meet

additional
most

of

been
property

not

yet

no

1979.

in

October,

time

time,

to

Utah

as

due

due

J

'

to

the

accounts

and

Y,

and

amounts

able

May

1,

tPrior

pany's

1950.

,

Oct.

to

20,

•

-

White,

Weld

William

R.

&

3,000,000

11,500,000

—

payable Nov.. 1,

Oct.

20,

its

*

1948,

the

proposal

a

capital

their

at

amend

to

total

a

of

stock

authorized

under

May

20,

Insurance

the

of

necessity

for

carrying

the

of

names

25,000

to

be

several

presently

sold

the

by

inventories

underwriters

authorized

&

8.93

Co

such

and

!

—V.

and

170,

SUMMARY

OF EARNINGS.

-

.

j

,{ >:

\

•

.

revenues

Operating

3,418,478

„

_1—'

Depreciation

_

V

-1947

;

1946

7,320,632 :
1,424,892

-636,827

544,513 ;

—

v'854,956

1,168,900

i

investments

of

acquis,

1

elec.
than

2,916

that' the

7,000

7,000

7,000

Dayton

•

and

unlicensed

,

C-

and

111,540

267,694

1,026,414

inc.—

267,694

2,307,265

•740,300

..

5

2,268,295

1,709,094

11,258,800

it

'

sold

being

wajs

unregistered

effective

stock

Aug. 31—

'<

to

stock.

-

r

.

170,

733. ''

p.

$908,324

$820,075
117,020

$1,854,170
382,489

$1,697,390

Total income deductions ; V 115,953

$703,055

$1,471,681

$1,263,204

oper.

$1,913,056

revenues—

income

(net)

$4,198,057

3,837

27,081

.

$4,466,514
'

3,270

; Operating

2,439

released

50

income

Gross

Total

Net

$1,916;893

deductions—

inc.

1—

income

portion
of

percentage

527,422

are

follows:

as

'1,215,345

1,602,752
$2,894,589

$2,628,270

the

of

the

148,155

unsubscribed

be

to

purchased

by

each,

Joint

facility

Net

it

ry.

Other

He
of

A.

C.

Barney

Salomon

Robert

W.

The

13.50

Walscon,

6.76

&

Inc

Operating

Hoffman

Mason-Hagan,

Inc

Stern

Brothers

&

C.

Codings & Co.,

5.40

Doolittle

C.

&

Co

pp.

and

on

of

dends

share,

per

on

■■

■-

-

;

.

29,069
$2,825,914

$1,142,470

■"

:

1947—
'

On

440,030

of

its

common

144,000

intentyon

stock

dividends.

to. declare

so, long
'

HISTORY AND

board

the

1949,

as,
•.

{

in

'

"r* 240,000

——

15,

of

scription

of

directors

regular

the

passed

quarterly

a

sinking
will

dividends

board's opinion,

on

the

earnings justify

BUSINESS—Company was incorporated

in California

It represents a combination of four other corporations:
Sea. Food
Co., International Packing Corp., Nielsen '&

Canning

Co.,

be

New

Ltd.,

and

White

Star

Canning

Company.

Of

/

>




effective

registration

under

the

Securities

fr.

*992,137

*506,290

*2,072,059

1,920,169

440,090

448,819

3,079,365

3,172,693

«955,109

>5,151,424

*1,252,524

15,673

*125,417

68,803

4,066,557
25,000

stock

of

record

Sept.

22

shall

have

the

right

14

is

fund

York

4,

income

accounted

*1,080,526
4,000

*5,070,795
21,000

2,839,0^3

3,000

*1,419,554

*1,084,526

*5,091,795

1,671,0^3

*1,416,554

Net

days

for

common

stock

(no

to

par),

the

extent

to

be

determined

shortly

before

the

offering

*

Deficit.

Time

is

pany's

is inviting bids for the purchase from it of $31,000,000

refinancing plan for

the

company

has

been

approved
•

by

trust

Penn

bonds,"
to

will

due

provide

issue

1974,
a*

net

856,895 shares.
The SEC previously

and

and
sum

sell

offer
of

$31,000,000
enough

sinking

shares

$18,400,000.

fund

(no

sions

This

is

par)

The

at

Lehman
Goldman, Sachs & Co. (jointly) to underwrite the stock.
buy the shares not needed under the subscription
and exchange offers.
Terms of these offerings and underwriting terms
will be filed by amendment after the SEC is informed of the results
of competitive bidding for the bond issue.
Company plans to use the proceeds from the new financing to
retire $5,000,000 of 5% gold debentures, due 2030 at 105% and to
and

will

Holdings.

'

,

•

■ ■

<

in

1943.
The

/'

;

the

Commission

V*

coih-

,

operations

said

on

to
Telegraph inla
been given time exten¬

was

merger
of
Western Union has

of

be

.

the

-

,

condition

a

Postal

Sept.

granted unless Western Union
these operations.—V. 170, p. 988.

'

granted

has'

15

that

finds

a

further

satisfactofy

a

,

•

_

1

Wisconsin Pnblic Service Corp.—Bids for Purchase of

common

$4,000,000 Bonds Asked—

.

outstanding preferred and class A stock.
company has announced that it will negotiate with

Brothers

4-;.

<

for

International

Commission

international

approval

since.
may

purchaser for

collateral

estimated

of

Union

ever

'

r

of

another year, from Sept. 27, the time
divest itself of its international tele¬

extend for
must

company

operations.

Divestment

the

to

the

Commission's

^

/v..

Itself

Communication

Federal

petition

which

graph

trust
bonds, due Nov. 1, 1974.
Such bids
by the .company at Room 901, No. 50 Broad Street,
Y., up to noon (EDT) Sept. 20.
%-

a-

Divest'

to

Extended—

collateral

N.

1,168,000

inc.

extension

J Underwriters

<

income-

curr.

"

in

received

'exchange
1

income

)

subscribe

to

>

..-

income-

ord.

of

Act

exempted the common stock from competitive
bidding, but didn't clear the refinancing program until after it learned
■'). the results of negotiations for the sale of the stock.
1
The company plans to offer 468,621 shares of
the new stock i,o
common
stockholders
on
subscription rights and
388,274 shares 1n

these

predecessors, White Star Canning Co. and International Packing
Corp. had been operating 6ince 1912, Van Camp Sea Food Co. had
been operating since
1914, and Nielsen & Kittle Canning Co., Ltd.,
had been operating since 1918.
The
company
is engaged in the business of canning and selling
three principal
types of fish: tuna, sardines and mackerel, and it

1,045,356

Stock—Rights

"Western

v

resolution

874,8i3

655,282

11,826

Bids for Purchase of Bonds—

."stock

34 cents

*2,727,341

139,716

$2;g7

-

7

646,006

t:

-

The

-

$

$

15,783,742 104,811,403 112,062,750
16,429,748 107,538,744 111,187,937

63,759

ord.

Gross

Deducts.

Net

upon

price

1949—7 Mos.- -1948

$

14,223.336
15,279,232

non-com-

929.

of

V

*1,432,227

510,000

end

at

—

share

The company

West

*

'

*1,055,896

$1,466,184
' »

612,000

outstanding

—

period

in finding for

•

1949—Month—1948
1949—Month—1948

'

r

revenues

Ord. income-

one

The

34 cents

170, p. 988.

-

a

Francisco,

Telegraph Co.—Earnings—

Operating expenses

made.

56 cents
■

Gnion
July 31—

Operating

share for each five shares
held.
In
addition, stockholders
shall also be entitled to make additional subscriptions for such shares
as
shall have been unsubscribed for, subject to allotment.
The sub¬

SEC.

"July 12, 1922.
Camp

common

for

,

56 cents
'

at San

"

$1.15

stock

common

Contingent

Per Share

'144,000

——

1946———

Aug.

stating

—

Goodman,

E.

1944.—V.

Western

919,700

Refinancing Program Wins Approval of SEC—

$240,000

•

1948-

Louis

said the taxes in question belonged to the United States

Period End.

,1933, the sale of bonds proposed to be issued pursuant to the plan
of refinancing, and the
making of an offer by the company, holders

-Dividends

1949

,

;

Judge

$1,906,214

440,030

preferred stock

West Penn Electric Company- -Common

'

'

recover

first four months of

$2,796,845

$2,067,751
925,281

V

Government, but the Court "cannot cause these taxes to be paid
'where they shoyld be paid."
The company "escaped" the taxes as a result of the reorganization
'
which deprived the parent company of ownership of the road.
The
tnx-savlng resulted from' the filing of consolidated corporate income
returns
while in
the reorganization period—1942,
1943 and the

to Subscribe—

;

,".'Total

to

;

-

was successful
in defending itself against
parent company, the Western Pacific Railroad
jjeveral"millions of dollars in taxes.

former

company,

Extraord.

<

May 31

.

Van

170,

the basis of the 425,00 shares to be outstanding,

follows:

as

Kittle

1948'

$702,440

of

p.

paid

Year Ended

:•

*

93,636

other deductions

period

—V.

..

dividends on its outstanding com¬
mon
stock during each -of the past four fiscal years ended May 31;
no
dividends were paid on the common stock prior to 1946.
The total
dividends which have been paid on the common stock, and the divi¬
has

DIVIDENDS—Company

such

345.

p.

to

underwriting group, jointly headed by White, Weld

Co., offered Sept. 15, a total
of 134,350 shares of common stock ($2 par) at $11 per
share. Of this total, the company
is offering its stock¬
holders nontransferrable rights expiring Sept. 21, 1949,
to subscribe for 25,000 shares.
Rights to subscribe to an
aggregate of 22,420 shares have been waived. The under¬
writers have agreed to purchase the unsubscribed shares
and also the shares for which subscription rights have
been waived.
The underwriters are also offering an ad¬
ditional 109,350 shares purchased from certain stock¬

w:-v..

170,

1948

$1,974,115

revenues

'

per

& Co. and William R. Staats

=

27,

its

of

15,216,326

Balance

988.

holders of the company.

$3,313^87

{

v-

rr.unication

Van Camp Sea Food Co., Inc.—Common Stock Offered

are

Dec.

the

1.68

Earnings

—An

$2,830,740

Sept.

(company

efforts

Co.

16,497,109

income

Net

5.40

Co

929

and

Dividends

1.68

Shares

170,

Insurance

1949

taxes

income

Interest

3.37

Inc.

$553,160

$

3.37

Co._

$43,793

Western Pacific RR. Co.—Wins Tax Case—

{

$18,471,224 $18,013,171

income

1,649^090

$4,933,202
1,619,315

"

-

1

'

170, p. 536."

Corp.,

July 31—
and

141,454

$785,719
332,559

$4,479^30

"

income

—V.

With Insurance

certificates—V.

revenues
expenses

operating

Gross

4.72

5.40

Co

trust

-{134^992

$283,631
239,838

•>

4.72

&

5.40

& Co.—

Net
Other

5.40%

Simmons--

Goodwin

Co-.,

'

Milwaukee

—V.

16.60

Baird

&

&

Hutzler

Lemon

McDonald

Co.,

Inc.—

Co

&

Inc.

&

Ellis

Blunt

Co.,

Bros.

Johnston,

12 Months Ended

{Operating

centage
Stroud

Corp..— 16.60 %

&

Allyn &

equipment

$4,344,838, $4,791,748

"

'

pharges

Net

3.7%—

dated

agreement

$3,990,746
Cr887,617
Dr86,615

$770,450
15,269

$267,333

1_
f'»'

Gross income.

>

Per¬

centage

Smith,

the

/. JDr90,205

16,298

income-'

oper.

^

Fixed

Life

Crl44,276
2)rI0,651

Dr5,874

$3,719,204
Cr715,839

$636,825

:

Cr88,015

rents

income

...~r

sold

Washington Gas Light Co. (& Subs.)—Earnings—

*

Securities

$1,275,000

purchase

underwriters of the
common
stock and

principal
shares of

shares

Per¬

Union

1

2,515,470

$3,009,793

names

of

such

$5,143,741

$1,389,471

■

UNDERWRITERS—The
unsubscribed
the

$4,497,342

$4,225,139

$185,192

Operating inoome—Equipment rents

■j

stop

residents
if

revenues

expenses

1949—8 Mos.—1948

Mutual

,

Cdm-

company, to
of Aug.
1.

as

Decrease

the

Earnings Lower—

Ry.—July

1949—Month—1948
1949—7 Mos.—1948
$2,702,225
$3,624,239 S25,016,910 $25,071,947
— ' 2,230,033
2,602,414
17,676,706 17,705,201
'
287,000V
385,000
3,621,000
3,376,000
*

2439

?

!

Federal
On. Aug. 4 the company
from its
obligations under
.

Maryland

; Taxes

Petroleum Corp.—Agreement
:?
.■:{';

Firm--r

434,186

'

2165.

p.

Period End. July 31—

The

$5,097,843
45,898

30,827

$136,903
1,560,487

$75,981

;

'.v;;':

1949—Month—1948

$792,371

income—-

'

Other

"

income—;

Gross

4*068

Warren
Net

'
.

$23,592

income
income

Western

:

*

21,854

1,778,189

11,886

21,000
29,300

"

: $13,506,346
$14,031,098 $105,126,578 $105,927,407

—V.

12,832

*

income—'

on

{ Operating

determine

to
•

$1,388,125
761,509
374,259

$59,900
760,175

4,068

least

at

investigated

Walgreen. Co.—August Sales
Sales

267,694

1,915,244
404,850

had

company

.that

347,050

884,732

; —V. 168,

4^068

oil-drilling

an

181,913

6,386

Willcox, Ariz.—Stk. Sale Stopped
was

$1,373,693
822,188

154,597'

———P..—,

Operating

{

company,
The order

^

Fed-

1949—12 Mos.—1948

$676,577
376,632

$645,102
.404,727

,

than

Co.—Earnings-

1949—6 Mos.—1948

;

51,600

2.23

the

$2.33
•

42,000

4,888

i

Ohio.

in

Period End.

inc.

on

ordered

stock

added

plant

adjustments

other

Prov. for taxes

selling

has

1,124,000

Amortiz. of limited-term,

Amortiz,

<

5,148,-380

6,087,191
>1,284,206

1,222,800

"

mission

'

$8,394,046 $18,457,436 $18,808,602 $14,819,970

Operation
Maintenance

1948

'

-

■

..

61,000

6*922

Attorney Inspector Russell Sutton of the Ohio State Securities

,

—Years Ended Dec. 31

May 31,'49

•

v

Non-operating

t

-5 Mes. End.

y

Period-

2535..

25,474
42,000

2.99

Waddell-Duucan Co.,

$7^)72,582

$2.47

21,000

Net

.■
'

$7,697,744

$1.28

$1.29

depreciation—

taxes

9,765
8,136

(.

•

3.72

A,

:

'

v ;

$3,910,668

.

income

2.23

Co.——

833.

p.

$8,462,555
1,389,974

-i $4,022,527

common

revenues

for

Fed,

(

3.72

Co; of California
WagenSeller & Durst, Inc

Boettcher

$9,304,426
1,606,682

24,300

eral

be

to

3.72

.

Pacific

.

$4,632,196
721,528

.

other

Taxes,

t

5.84
4.47

Blunt Ellis & Simmons————

proposal wa§.

per

169, p.

>Prov.

>

6.33

Goodwin

CO.JL

833,237

.

Operating expenses

t

12,203

:

■

7.44

Co.J

&

$4,855,764

—

—

.{Operating

20,349

*

11.16

—

,

California

$5,640,862 $11,304,319 $10,425,238
1,008,666
1,999,893
1,962,682

20,349

18.61

Curtis

$6,081,307
1,225,543

'

West Penn Railways

No. of Shs.

Co.—,
&

$9,870,287
554,951

underwriters,

>'.>'• V:18.61%

Jackson

$5,355,871 $10,778,050
284,991
526,269

Period End. June 30—

?

the

several

stock

the

$5,835,429
245,878

.

surplus

income

—V.

unissued

the

common

by

and

but

and

company

282,150
4,618,000

Of

working

company's

larger

282,150

4,935,000

-

——

income--

share

bank

retire

additional

as

140,338

2,516,000

company

America.

to

2,227,190
3,764,746

dividends—

Balance,
Net

v

425,000 shs.

used

2,429,553
4,061,446

140,338

deducts

income

Pfd.

7,227 shs.

1949,

Co.

1,176,173
2,010,815

2,657,000

income—

on

income

Gross
Total

$2,000,000

Kebbon, MoCormick & Co

t

com¬

regular annual meeting held
the certificate of organization

1,500,000 shares,

adopted.

Taxes

Prudential

the

of

Staats

Cruttenden

taxes

Operating income—income

To

$2,000,000

dated

16,016,623
3,974,873

1,270,032
2,174,796

-

Non-operating

Outstanding

10,000 shs.

17,891,290
4,454,195

for

capital

.

1948,

stockholders

authorize

to

as

to

working

-8,001,124
1,950,311

Fed-

depreciation—

Maintenance

stock

; riill, Richards & Co
Walston, Hoffman &

1,333,396 shs.

and $500,000 pay¬

1949,

Fed.

EFFECT TO NEW FINANCING

Co—

^utro

*8,000,000

tl,500,000 shs.

—

equipment.

new

use

Co

First

1947

than

194&r-l2 MoS.—1948

8,538,154
2,179,044

fccquiadjustments

sition

.

the

from

company

Percentage

certificate of organization amounted to 1,250,000 shares (no
which 1,185,241 shares are issued and outstanding; company

submitted

of

to

the 109,350 outstanding shares of
sold by the selling- stockholders, underwritten
respectively, are as follows:
-x

of

par),

the

of

'3,000,000

$500,000

by

installation

unnecessary

consequent

common

&

include

from

percentages
of

Webber,

not

the

it

agreement

UNDERWRITERS—The

several

1949—6 Mos.—1948

Amort. >of plant,

receivable.

Paine,

*Does

so

The

Shield

lno par)_

received

for

Prov.

' y*

estimated at $227,772.
The net
company's general fund
and
used
incurred and proposed, for plant altera¬

approximately $557,538 were
balance is being and will be used

3,000,000

——

Fairmont,

$22,794,793 $21,150,632 $44,831,684 $40,753,869

_

erar income———

and

boats

500,000 shs.

loan

a

$2,000,000

3,000,000

stock

be

proceeds

business

3,000,000

$250,000,000

in

the

$2)

(par

1979

1956

Co.,

Power

1

—i—

other

Taxes,

presently
to

$32,000,000

1978-

Serial notes under bank loans due

investments
purchases.
"

_

to

expenses

Maintenance

Net

Oct. 1, 1979——
sinking fund debs, due 1973

Common

not

this company for the
kwhrs., a decrease of
kwhrs. for the corresponding

10,

revenues—_

oper.

Operating

$545,978 *

capital required by the increase in the dollar volume of the

f

.

V

Outstanding

Total

520,914

'

$925,020

fishermen,

to

are

added

this will make

stock

net

loans.

FINANCING *

NEW

TO

Series due

3V2 %

V

the

shares

Authorized

$1}066,892

934,263

,

$1,062,773

cumul.

borrowed
■:

deems

t

series

The remainder
surrendered in the

not exchanged.

that is

(Excluding Monongahela Power Co. and Subs.)

.

,

EFFECT

proceeds

shares
be

^Pursuant

bonds

company

$1,859,283

v 666,4801

instalment note due May 31, 1961
preferred stock (par $100)

7%

Common

"
GIVING

,

Monongahela

Penn Power Co. (& Subs.)—Earnings—<

\ West

,

purposes.

*4%

v

\

they will be provided for the issuance of such
from

——_

Authorized

-

series

$1,729,253

boat

CAPITALIZATION GIVING

1951.

1979,

to

for

expenditures,
improvements and

extent,

such

Utah

of

program

advances

subsidiaries

25,000

and

thio

stock,

i

CAPITALIZATION

series

of

tions

and

sold $3,000,000 first mortgage
The proceeds from the sale of

the

sale 'of
common

mortgage bonds:
2%% series due 1976_'
3%

dis¬

company's resources are not sufficient to
expenditures
in
1950
and
1951,
Utah'com¬

that

the

the electric properties of
1949 totaled 94;854,800

of

Sept.

;

and

to

proceeds will
primarily for

>

$15,332,000

1st

3Va %

sale

company's

Utah

securities,

desirable.

output

ended

Period End. June 30—

$1,168,711

PURPOSE—The

together with Utah comwill be sufficient to carry the proposed con¬
Utah and Colorado
companies through 1949.

construction

anticipates

pany

1,

the

cash
that

be

company

May

additional

program

extent

Utah

due

of

available

the

has

owning
'

construction

approximately

from

and

sale

struction

;

this amount it is anticipated that
expended
in
1949, approximately

Of

will

and

1949,

series

bonds
the

To

in

3%

those
and

-

PROGRAM—The

$14,567,000
As

'

Traction

of

company

corporation

'

approximately

■,

shell

stock

A

in

8.95%
over
the output of 104,188,000
week of 1948.—V. 170, p. 988.

$1,101,594
Dr34,702

Transfer agent, Bank of America National Trust &
Savings Association, Los Angeles, Calif.
Registrar, Security-First National Bank
of Los Angeles.
;
:
"

*

its subsidiary for the years 1949-1951, inclusive, requires
$42,150,000
during
that period
for additions
to its

and

approximately
and

Traction

it

all

loans

*On

a

cancellation

assets.

CONSTRUCTION
company

all

for

Power

Dr600,000

Url27,994

.

yearl

for.

{advances

company

Lines,

forgave

capital, stock.
is merely a

but

having

,

Profit

other remaining property
Utah
company
assumed

whereof

surrendered

outstanding

r

trans¬

a

sold its transportation
non-affiliated company, and
to Utah company,
all the liabilities
indebtedness of Traction company

Traction

City

and

company,

and

solved,

1944,

Lake

electric

consideration

due

operated

and

owned

in Salt Lake City, and also owned certain electric
light properties which it leased to Utah company and
operated by Utah company in connection with its own

and
were

of

which

Co.

sys^m

power

which

in

Traction

class

stock

Va., from an affiliate, West Penn Power Co., Pittsburgh.

week

1,623,390

-

tyuy

Weekly Output—

,

1946

,2,370,707

.

Light

W.

to

common

operating

utility

-

Utah

{

31

1947

'

remainder of the preferred

used

be

additional

$32,473,285 $24,619,374 $20,986,097 $16,243,504
27,311,618
20,647,408
16,387,332
13,518,520

—

organized in Maine, Sept. / £ell., gen. & adm. exps..
2,962,400
in southeastern Idaho,
northern and central Utah and Southwestern Wyoming.
Gross profit
It is engaged f
—1 $2,199,267
principally in the business of generating, transmitting, distributing
Other income
(net)
Url71,473
and selling electric energy
*Prov. for possible losses.
throughout such territory, and to a limited
{ extent in providing central steam heating service in the commercial
district of Salt Lake City.
Profit bef. Fed.
"{V' V/VV-../V"
'• V VV-:''V
taxes;' $2,027,794
Federal taxes on income
>; Company has two subsidiaries, Western Colorado Power Co. which
859,083
supplies electric service in the southwestern portion of Colorado, and
6, ' 1912.

'

1948

in the

will

two

{-

in¬

(1089)

call

maceuticals.

proceeds
(estimated- to
deducting estimated expenses and

—

FINANCIAL CHRONICLE

&

sells fish .meal, lish oil, vitamins and other phar¬
Company is the leading packer of tuna in the world.
principal competitors, both of whose plants are located in
California.
In
addition
to
these
two,
competition
is
supplied by
many smaller tuna packers, both domestic and foreign.
'

.

1

•

be approximately
$6,323,252 after
excluding accrued
interest) to be received by company from the sale of the $3,000,000
of first mortgage bonds, and the 148,155 shares of additional common
stock will initially become part of company's general funds and
as
PURPOSE

1

be

the.company.

COMMERCIAL

THE

Volume 170 i Number 4839

v

will receive bids*at Room 1100, 231 South La SaBfr
(St., Chicago, up to 10:30 a.m. (CDT), Sept. 20, for the purchase from
it of $4,000,000 first mortgage fconds, series due Sept. 1,
1979.
>
The

company

The
sale by
corporation of $4,000,000 of a new series of first
mortgage bonds, due Sept. 1, 1979, has received SEC clearance, sub¬
ject to the results of competitive bidding.
t
The
Commission
also
authorized
the simultaneous
sale by Wis¬
.

consin
ito

Its

of

shares of its unissued common stock ($10 par)
Standard Gas
and Electric Co.
(New York), for
presently owns all of the outstanding common,

250,000

patent,

$2,500,000. Standard
•stock of Wisconsin.

and stock financing will be used by Wisconsin
of short-term bank loans incurred to finance
temporarily its construction program.—V. 170, p. 834.
Proceeds of the bond

to

repay

$6,000,000

14

THE

(1090)

COMMERCIAL

&

FINANCIAL

CHRONICLE

Name of Company
Continental

Dividends
first

In the
bring together all the dividends announced the

we

current

which

Cooper

grouped in two separate tables.

are

week.

Tnen

table

second

a

When

1

10-

7

9-23

50c

10-

1

9-15

5%

10-

1

9-15

$2.50

10-

1

$1.50

10-

1

9-20

50c

9-

1

8-25

50c

_____

preferred
&

American

(s-a)__—

Markets,

Super

;—

pfd,

6%
Ltd.

Ealdwin,

Brake Shoe

9-30

9-23

Co., common—

convertible preferred

American

4-/2%

Crystal

—____

Felt

Co., common
6% preferred (quar.)
American Hard Ruober Co., 7%

10-

1
1

75c

—

10-

9

9-23

American
..

lire

(quar.)

—

American Screw.
American

States

Quarterly
Amer.can

Co.

Ins,

Wringer

Co

Arkansas

Power &

$6 preferred

Arundel

Associated

preferred
Welt

1

10-

1

9-19

10-

1
1

1

Co.

10-

1

1

9-19

$3.50
Barker Brothers

(N.

Corp.,

4Me %

preferred
Beacon Associates,

1.

Machine

preferred

Co.

10-

1

10-

1

(quar.)

common

62V&C

10-

1

10-

1

Birmingham Electric,

9-30
9-30

(quar.)

$1.05

—

10-

1

25c

pfd.

10-

Blauner's

!

(Philadelphia),

preferred"

(quarJ

preferred

$3

(quar.)

5%

Bluefield Telephone Co._.
Blue
Bon

Top Brewing, Ltd., class B—
Co., class B (reduced)-

Class

A

$1

(s-a)

Boston Herald-Traveler

i

Storage

Briggs

Warehouse

Manufacturing

Bri'io Manutacturlng,

9-29

9-19

—

40c

10-

1

10-

1

50c

Durrell

Co.,

——

10-

1

9-22

10-14

9-30

15c

10-

1

$1.25

5%

preferred (quar.)
Bruce (E. L.) Company, common
3%% preferred (quar.)

10-

1

50c

Class

B

Plan, Inc.,

i

9-30

(quar.)_

preferred

9-28

10-15

9-28

,

c

A

B

Co.

H.)

9-15

Morris

9-13

preferred
Fire

Hart

9-23

National

10-20

9-30

National

National

9-30

9-20

New

England

Electric

New

England

Gas

9-28

9-16

New

England

9-17

New

London

9-17

New

York

10-20

9-30

11-

9-20
9-

North

1

10-

1

20c

9-23'
9-22

Old
55c

10-

1

Co.

h-* 0

h*

9-15

10-

1

9-15

10-

1

9-23

Pacific

25c

10-

1

9-15

Pacific Coast

$1

.

10-

1

9-15 *

Pacific

9-20

Pacific

9-20

10r

1
1

9-20

1

9-20

1

9-19

10-

1

9-15

4%% preferred (quar.)
California Pacific Trading Corp.—
$1.50
convertible
preferred
(accum.)

28 Vic

10-

1

9-15

10c

9-26

9-20

California

62y2c

11-15

10-31

62 Vic

11-15

10-31

$15c

10-2/)

9-20

__

——

Packing Corp.,
preferred (quar.)

6%

Canada

Northern

10-

1

9-13

10-19

9-23

10-

9-15

Canada

Varnish,

—

Power

Corp., Ltd. (quar.)
o% pref. (quar.)

Ltd.,
Dredge & Dock,

Canadian

Ltd.
Co.,

preferred

Canadian

10-

1

$25c

11-

2

Investments,

Ltd.

$2.60

convertible

Carolina

$5

Power

preferred

$20c

'

10-15

3% %

10-15

(quar.)

(quar.)

(J.

Carthage
6%

Co.—

10-

1

9-15

11-

1

10-10

10-

1

9-19

9-30

9-23

Mills,

Inc.,

preferred

6%

A

preferred

10c

common

1

1

9-15

1

9-15

Independence Trust Shares
Independent Pneumatic Tool

9-10

Central

Central
Y

$4.75

Electric

&

Central

Fibre

Collateral

Loan

6%

(Boston)

pid.

9-30

59%c

9-30

(quar.)_

preferred

(quar.)

(accum.)

C

Suburban

Cincinnati

Theatre

Co

Clary Multiplier

&

.Commercial

common

Products

.National

York)

'i; 9-15

15c

_

(quar.)—„
i

9-15

$50c

67/sC

.

9-30
"

cash

Life

(reduced),
Electric
&

"11-

9-15

1

68%c

-

_

10-

1

;

Co._—

"

35c

10-20

9-21
"

9-26

r

fiOc

10-

•

1

<*

$1

9-30
'

10-30

•

1

10-

1

10-

1

9-17

10-

3

Co.

(Toronto)

v 9-28

9-21




50c

———

(quar.),—.

&

4

$$2

-

10- it

9-15

Life

25c

Insurance

Corp.,

4>/2%

9-30

9-20
9-

9-29

9-19

Pond

10-15

9-30

Power

10-15

9-30

C

9

Creek

Co,

1

50c

10-15

9-30

10-

1

9-19

9-30

9-23

22»/2c

(quar.)_

15c

10-20

$1.50

11-

Corp.
1st

11-

1

Ry.

Mills

non-cum

(Fred

9-30
10-

1

1

Gas
&

11-

1

Providence

9-20

9-

9

9-

9

10-23

11-15

6c

9-15
9-15
10-

5

10-20

9-30

10-

1

9-15

$1

—

10-

1

9-23

Ltd.—

8%

10-15

9-20

$75c
$2

10-15

9-20

(quar.)___

pfd.

(quar.)

Company (extra)
(irreg.)—

Worcester

$$1.50

—

9-30

12c

RR

9-23*

10-15

30c
—

Provincial

9-20

Co.

11-

20c

—

Co..

preferred

Co.,

B.)

Providence

10-20

(quar.)

(quar.)

partic,

Gamble

(quar.)

common-——_

Canada,

preferred

&

_

Package

of

6%

$1

(Hartford)

Pocahontas

10-

$2.50

Paper, Ltd., 4% pref. (quar.)
Pyle-National Co., common
(quar.)
8%
preferred
(quar.)

9-19

9-

9-21

R.

2 Vic

10-

1

9-26

Raytheon Mfg.

9-30

9-20

Regent

20c

10-

$50c

-

9-22

1

9-15

9-16

1

9-15

9-

6

25c

10-

1

9-22

$2

Semi-annual

1

&

M.

10-

1

9-22

n-1

t$1.75
;

3

10-

3

12-15

* 50c

'

:

10-

1

12-

1

11-

■

5%

9-29

9-30 V
9-30

9-15

75c

4

;

10-

1
1.

9-23

25C 0

'

non-voting,

$1

,

9-30

•

: $175

•

9-30

/

Russell

.

4: *20c
.

2 9-16

9-16

$6.75 I
:
■'

10-

:C; 4V4%

i

9-20
9-15 v >

10-15

:

9-30

:

9-28

ih-JI

(quar.)

25c
-

—

Berg Fund, Inc.
Haynes, Inc.

—

«

•7% preferred
Louis

10-1
10- 1

•

10-

9-21
9-21

1

.

9-30

;—20c

—

30c

9-30

;

9-21

'

9-21
•

.

(quar.)

$$1.12V2

;

10- 1

:

$1,25

10-

.

1

$40c

11- 1

9-30
4

National

Stockyardsi£%£l£'_irYrYlI ■*{*:*" r 50c
t 101
Sangamo Co.,' Ltd:
(increased quar.)____
$17V2c Yr.,9-26
Savannah Sugar Refining Corp. (quar.)_„Y * • " 50c
,10* 1

10-10
10-10

:

9-15

'

9-30'
9-21

V9-22
.

9-17

12Vac

9-22

9-16

40c

-9-20
10- 1
*'9-27

9-13

9-30

9-30

9-20

Sciidder, Stevens & Clark Fund J—
■r.

Seven-Up

Bottling

Co.

(St.-Louis), (quar.).
\ Shareholders Trust of Bostonii__-j_i._i.i_.Li

9-30

Sharp & Dohme, Inc.

-

f

{, 15c
20c

->

(increased)

35c

-

-

Smith, K&ne & French Laboratories—-50c

9-30

1"

9-16
9-21

Y

9-21

'

30c

;

Co.,

3.85%

-

(s-a)_„i_.

pfd,

'

(quar.) )

-10-15

-

45c

10-15

t50c'

-

30c =

-

:

9-30

•

:

10-

,

1

11-

96y4C
-

9-30

{

1

10-

7

9-26

10-31

'

Society Brand Clothes^ (quar.) ___Solvay American Corp., 4% pfd\ (quar.)___
Southeastern Telephone Co. ,(quar.)__£___-i
—

9-30

»

9-15
10-15

-

Square D Company

Stahl-Meyer,

Inc.,

(quar.)____________

of

(quar.)

I

+25c

$2

to

$5

prior

75c

Virginia,^.;

Lincoln Printing Co., common

(quar.)

Y

10-

1

V. 9-20

50c

11-1

10-11

4V2%

v»20c
*

d25c

pfd.

(quar.)

(accum.)>

50c

$56Vic

87 Vic

1

$7

prior

preferred

on page

^ ;9-30
*

9-22
v

9-30

9-15
9-19

10-

1

9-20

11-

1

10-15

10-25

9-30

10-25

48)

9-26

10- 1

$1.75

(accum.)i._:

(Continued

10-10
-

$1.50

10-11

11-

Gas k Elec., $6 prioripfd.

Ltd.,

51

4

preferred-

Fuel

Standard

Co.,

12V/2c

\

.

9* J
9-15

11-1

$$1.75

(quar.)__——

9-21

9-19

9-30

'

1st preferred

50c

25c
20c

•

.

Scott & Williams

8-31
•*

9r30

' 5c

•

9-23

*

•9-15

'

'

■

St.

9-20

1

1

22 Vic

—

St. Joseph Light & Power, 5% pfd. A (quar.) ':/
St. Lawrence Flour Mills Co.,Ltd., com. (quar.)

.9-26

9-22

•

9-23

10-

{;

St. John Dry Dock Co., Ltd.—■

,9-17

6

YVic-

•;

,•

40C
50c

d20c

;

(quar.)—,

10-

10* IV

7

62Vic ')
'

(quar.)_,_,j
(quar.),,

10-15

" 50c

-

-1 25C

1

$1.25

Co.—

Extra

:

9-15
9-20

10-

(quar.)

(quar.)

&

1

10-15

10-

$25c

:

,

9-15

1

3T»/2c

class A (accum.)
(Helena), Inc., common

&

Ryerson

10-

60c

1-

common...—

Cement

Class A

<

Ltd.—

common..,—

(quar.)

(s-a)

9-15

9-30

$27c

pfd.

Extra1 vi-

9-16

9-30

>

conv.

$1.25 partic.

-

9-23

10-

$1.50 '

class A

$2.40

Mills,. Ltd.

preferred

Rubinstein

9-15

81 Vic

Co.,

Company,

Riverside

9-16

87 Vic

$3

Bearings, Ltd.,
Knitting

Rltter

1_;

Co.

9-23
10-

25c

(quar.)

pfd.

9-23

10-15

9-30

9-15

t8%c

—

University

Ltd.

preferred

9-21

9-30

25c

—

Standard

$3.50

1

9-15

1

(quar.)_,,„——

Sons

Brothers,

1

10-

1

1

common—,,—

Lehman Corp.
Lewis

10-

9-22

10-20

10-

(quar.)

Jones, Ltd., class A

(James)

4

9-17
,

Co.

Lees

$2

Co. { (quar.)

Express

Cordage Co.,
Employees stock
Pollock's, Inc.
(quar.)

Ltd.—

(quar.)

preferred

;

50c
100%

,

—

Rendering

Gas

$1.80

Lawson
10-

Co.—

dividend

Common
>.

Electric

Fashion

Full

Prophet

,

9-15

11-15

8-30

Quincy Market Cold Storage & Warehouse—

Langendorf United Bakeries, Inc.—
75c

(quar.)
(s-a)

Co.

Plymouth

10-

9-21

'

8-30

9-10

10-

Pilot

9-20

24c

V La Crosse Telephone Corp.

—

9-10

$1

Foundry

Northern

&

30c

5% preferred (quar.),
Keystone Portland Cement, $7 pfd. (accum,) J'
King Seeley Corp. (quar.),,,—

Salle Extension

20c

20c

60c

9-20

1

9-15

(quar.),,'

Kittanning Telephone

9-16

15c

9-30

10-

56 >/4c

——.

"La
•

Insurance

"

9- 8

1

9-30

10-20

Piedmont

10-11

(reduced),

i

Sons Co.,

1

10-

30c

75c

9-20

$0.2337
Co.

shares

(E.)

10-

$10
.

10-17

25c

Publishing Co. of Ottawa,
Quarterly
j
Julian & Kokenge Co—1_—
Kahn's

-

5

10-10

Trust I Co.

(Indianapolis)

,

>

9-15,

*.

9-30

{"10c

(qua'r.)_—_

pfd.

dividend

Consolidated

1

9-8

$1.25

(quar.)

common

Terminal

Paper

'

preferred

Co»

9-30

9-30

30c

——

Journal-

-9*30

'

$5
General

*

:

9-15

2 Vic

:

9-

It

$1

:

Quarterly

Quarterly

Founders

9-16

1

par)

;>;• $6 preferred (quar.)
Jenkins Brothers, common

9-8

10-

$1.12

preferred hquar.)

Consumers

,9-20

Carbon

10c

$$1.50

pfd. A (accum.)——,%
(accum.),—

Island Creek Coal Ca,

9-15

9-27

17%

i

Gas Co., 7%
preferred (accum.),
Connecticut Fire Insurance Co. (Hartford) —

Stock

9-30

9-15

10-17

6%

Inc.—

preferred B

1

1

Procter

7%

Co.,

10-

11-1

'

Electric

61/2%

9-15

,

25c

Concord

(Connecticut

Mutual,

Iowa

62 Vic

(s-a)_—

(quar.)—•_

Bank

Co.

Corp.-

Investors

-

(quar.) ___/
Loan

:

Intertype

9-23

$2

10-15

10-1

9-16

(increased)

(quar.)
(increased)

9-15

1

90c

9-16

($5 par)

9-13

.9-30

25c

___.

preferred

Southern 1 Ohio

Commonwealth
4%

Corp.,

Co.; $2.75

Radio

Columbus

(New

___-

convertible

Club Aluminum

Collins

________

Advertising Products.
Knitting, Ltd., class A

Bar

Circle

preferred

Telephone—

_______

Circle

5V2%

Bell

7%

($100

9-15

,

9-30

—___

&

1

preferred

1

10-

RR,

&

Insurance

1 Vic

Nickel of Canada,

7%

9-19

9-30

37 Vic

—

Telephone Co., $2.50 pfd. (quar.)_
Century Shares Trust (quar.)—..,
Chicago South Shore & South Bend RR.—

Quarterly

{

37y2c

International

9-15

.<

11-

75c

50c

9-30

Stamping & Mfg. Co. (quar.)
Investors, Inc.■ (interim)
._l_:

Inland

9-30
9-15

>

1

10-

*

43 Vic

-

Central

Cincinnati

10-

$1.25

.

Quarterly

.

37 Vic

Central States Electric, 7 % pfd. A "(accum.)
6% preferred B
(accum.)—
6%

•

v." 10-15

62 Vic

___

(quar.)

(quar.)-—

Products,

37 Vic

—

___

Gas, $2.50 pfd.

preferred

9-20

93%c

(quar.)

9-30

Industrial

25c

1

20c

Incorporated Investors
Independence Shares Corp.—

9-15

(quar.)____

'

10-

-V':

9-29

9-29

62 Vic

(quar.)

10-

Centennial

Flouring Mhl <quar.)_.
Aguirre Sugar Co.____________

(quar.)

Extra

<10-

$1

9-20

10-10

9-16

50c

(increased):

60c

(quar,)—

9-30

$1.50

J

10-15

y2c

Income Foundation Fund

Co.

(Ohio)—

50c

$2

r,

Co., Ltd.

9-15

(quar.)_

Pictorial

93%

$1.50

.

(quar.)

B

Shoe

9-16

1

Philip Morris & Co., Ltd., common
4% preferred
(quar,)
3.60%
preferred
(quar.)

50c

(quar.)

common

Mining

1

10-

10-15

60c

(quar.)

Humberstone

65c

_

I
(quar.)

common

9-19

10-

$1.75

35c

$1

(quar.),^
J.)

Hussmann Refrigerator Co., com.
•
$2.25 preferred (quar.)

50c

—

common

(quar.t

W.)

preferred

(N.

9-21
9-21

1

10-15

(s-a)_

9-20

25c

(quar.)

9-30

'■

Carter

Co.

Baking

10-

$1.50

______

—

9-30

$1.37 y2

5% preferred (quar.)

9-30

$1.25

& Light Co.,

preferred

Hardart

9-23*

9-30

20c

(quar.)

Co., common (quar.)
preferred (s-a)
National Insurance Co.

6%

15c

(quar.),,

Household Finance Co.,

6

dapitol Records, Inc.—
.

Creamery

&

Houstpn Natural Gas,
$$1.50

(quar.).—

General

Corp.

Home Insurance Co. of Hawaii
Horn

9-21
10-

Motors

Hershey

Ltd.—

Canadian-Fairbanks-Morse

6%

$31 Vic

(quar.)

50C

5Vz% preferred (quar.),,
Hercules

9-23

Phoenix

(quar.)—,

(Walter E.) & Co., common (quar.),,
preferred (quar.)_

4%
,

(quar.)_

common

Heller

(quar.)

Co.

Philadelphia

60c

12 Vic

(quar.)

common

9-20

9-30

22 l/2c

(quar.)

(quar.)

&

Gas

10-

Hart, Schaffner & Marx
Hartford

Insurance

(quar.)

Rosario

&

Intermountain

10-

Helena Rubinstein, Inc. (see Rubinstein,
Helena)\

Inc.,

&

45c

9-28

Butler's,

Car

10-

(increased)

9-28

Fire

preferred

4%

35c

(quar.)

9-28

_—

9-23*

9-30

9-30

5c

Philadelphia

9-30

25c

—„■

10-15

(quar.)_

9-30

25c

—

Rayon Corp.—
C and D_!_

Peaslee-Gaulbert

25c

10-15

—

9-30

Holding

20c

_

Y.)

9-23

10-15

70c

Brewing,

$1.25

tN.

10-20

Inc.—

Assn.

pid.

RR.

Co.

Ribbon

25c
Co.

9-10

9-30

Orange & Rockland Electric—

pfd.

common

9-15

23c

System

6%

Worcester

50c

1

9-20

9-30'
10-15

8c

participating non-cum. preferred.*
Omnibus Corporation 8% pfd. (quar.)

Trust

9-19

15c

B,

50c

._

10-15

______—

A,

Service

Town

8-31
9-19

1

15c

6%

(quar.)——U

Insurance

Power,

preferred

&

9-10
10-15
10-

50c
$1.75

25c

(quar.)

Electric

Northern

American

Olympia

9-15

Trust

I

9-16

3% pfd. (quar.)_
Corp.—
$5 non-cum. preferred
(quar.)
Old Colony Insurance Cq. (Boston)
(quar.)
Ohio

9-23'

9-30

9-22

9-16

1

_____

Common

8

Norwich
10-

1

1

(quar.)

&

Telephone

*3^4%

9-20

9-15

10-

10-

£__——

preferred (quar.)
Newberry (J. J.) Company—

1

9-30

8

10-

(quar.),,.

6%

11-15

Machine

Honduras

Interim

56y,C

15c

—.——

—

Britain

Newark

9-30

$1

——

New

9-21

9-

40c

$1.50

Co

9-16

25c

l'/2C

z

convertible preferred

Tool

9-20

6

$1.22Vz

——

Corp.

9-19

,

9-

9-22

(quar.)

of Delaware,

9-19

1

8

8

9-10

10c

Terminals

9-30

9-

9-

20c

Shirt Shops

National

$15c

8

9-30

9-30

;

9-15

(quar.)__

Haven)—

pfd.

9-

9-15

Year-end

1

1

10-4

9-30

10-1

Quarterly.

1

10-

9-20

10-14

10-1

—____

Corp.___

1

10-

10-1

$1.25

—

—

Corp.

Shares

10-

75c

9-15

$1.15
25c

£,

common

6%

10-

1

S-23

9-30

$1.75

(New

Co.,

10-

10-

9-29

75c

(quar.)

Service

(quar.)

Investors

10-25

$1

3Vic

(quar,)—

Extra

6%

Bank

Inc.
Glass

8iy4c

(quar.)——,

Cooley

&

Plan

National

40c

series

9-23

10-14

25c

(quar.)

10-17

1

50c

Investment

9-15

5Vic

A

Motorola,

9-21

$1.12 y2

non-cum.

1

15c

Ward & Co., common (quar.)
(quar.),———
Morris (Philip) see Philip Morris & Co., Ltd.
class

7

11-

Electric

&

Service Corp.,

preferred

7%

1

$1.12 y2

preferred

Knitting,

Hanover

Gas

9-20

20 c

Shares

10-

Montgomery

'

Conn.),

9-15

27Vic

(quar.)___

common

(quar.)__.

15c

Investment

1

I5c

preferred (quar.)
Monroe Calculating Machine—

$7

9-23

10-

Illinois—

4.90%

10-

10c

Conn.),

Mfg.

preferred

Missouri

9-20

common.—

9-20

9-30

$1.50

_______

—

Mobile Gas

9-16

9-20

(quar.)

9-30

$2

9-16

Co.—

Company,

20c

A

9-20

common

5Vi% pfd.
(quar.)___,
Corp. (quar.)—

National

class

Utilities

Rail

5%

9-20'

(quar.)

Public

Telephone,

Mississippi Power Co., $4.60 pfd.
Mississippi Shipping (quar.)

10-

25 c

Inc.,

9-16

9-30

50c

25c

9-20

3

9-30

(quar.)

1

preferred (quar.)$ 1.75
Valley Canning, class
20c

9-19

9-27

9-30

(quar.)—

(P.

5%

9-30

10-

9-27

(quar.)

9-20

1

10-

prior

Minnesota

9-19

$1.06Vi

Common, class B_

9-30

10-15

93%

class A

1

30c

Public

Hanes

9

7%

9-23

——

9-19

9-30

10c
5c

Budget Finance

class

Hamilton

9-15

9-

9-15

10-

93 %c

Service Co. (quar.)
Company, common (quar.)—
4% preferred (quar.)

v

6

1

Haloid

9-15

;—_

common

Gulf

9-

10-

&

(Hartford,

9-20

10-1

$1

—

9-15

15c

(quar.),

1

10-

Extra,

'./■

9-21

1

pfd.

10-

35c

(quar.)

(quar.)

15c

Co.

Sugars,

Guardian

9-20

18c

(quar.)_——:——
Investing Corp
Bronx County Trust Co._

1

9-16

9-15

(quar.)

(Hartford,

9-22

10-

10-18

6c

—

Y.

Equipment

Falls

50c

convertible

Parts

Guardian

9-20

35c

Street

Brown

9-30
9-30

$1
50c

(quar.;_

1

9-30

11-12

—

9-16

11-

1

Grocery Store Products Co. (quar.)
Guardian Investment Trust (Hartford,
Conn.)—
$1.50 preferred (accum.),:

9-22

60c

____

common

Class A

Broad

9-19

Co

Co
Inc.,

B

Class

10-14

9-29

-—

(quar.;_

Boston Insurance Co.—
Boston

10-31

11j/2c

(quar.)__

Millers

10c

...

80c

9-12

1

(quar.)

75c

B___

(quar.)

convertible preferred (quar.)
Piping & Supply Co. (irreg.)—__

$1.50

4Vz % preferred (quar.).
Green (D.) Company
Qrcif Bros, Cooperage Corp.—

9-23

9-30

1

—

class

Midwest

10-

(quar.)

"9-20

25c

Mid-States

25C

pfd„

Great Lakes Steamship,

10-14

9-15

10-

1
conv.

1

9-30

9-15

i2y2c

1

10-31

9-23

8

1

Quarterly

1

12-

(quar.)

N.

of

9-

'19 16

9-26
10-

37Vic

Company,

States

1

$1.25

1

9-15

9-19

$1.12'/2

(quar.),

Bank

1

9-15

5c

Bumper
Steel Tube Products
Telephone Co. of

Middle

7%

10-

9-22
9-10

9-20

30c

(quar.)

Associated

Michigan
Michigan

50c

pfd.

10-

1'/2C

:

Bond Fund of Boston

(quar.)—,

Corp.
Tire & Rubber, 4'/4%
preferred (quar.)
2nd

1

9-10

9-20

7

$25

11-

9-30

10-

10-

$20

11-

25c

___

pfd.

10c
1.

10c

Bakeries,

9-30

35c

4'/2%

(quar.;

9-24
*

Transportation

Michigan

1

9-20

25 c

___

1

10c

10-

(s-a)

10-

$$1

Ami

$5

Light,

10-

9-26

1

1

15c

preferred

10-

(quar.)

Y.)

11-15

22 Vic

9 30

10-15

10-

75c

1

1

10-15

6%

—

11-15

62 Vic

——:.

Michigan

50c

11-

75c

.

.__

__„

Y.)

10-

10-

(reduced;

com.

11-12

12-15

f3c

$1.50

Extra

9-27

15c

quar.).
Toy Co., Ltd
Grayson-Robinson Stores, common (quar.),
$2.25
preferred
(quar.),—.

11-15

(quar.)_

common

9-27

9-23

5C

Steel Tubes Co

..Grand

1

75c

—a-—.

(Boston)
(N,

Co.,

&

(N.

9-30*

9-30*

(quar.),,

&

1

10-x5
10-15

Corp
G.)

11-

5oc

(quar.)_

Acceptance Corp., class A

Merchants

1

50c

$4.50 prior preferred (quar.)
Gorton-Pew Fisheries (reduced

9-14

25c

—

9-27

1

25c

(quar.)__

Co.

10-10

11-15

25c

preferred

preferred

10-

10%

(quar.)

Co.

Bank

Investors Trust

Gcdchaux

9-20

9-16

(quar.)

(quar.)

Merchants

10-

$1.37 Vz

Electric Co.

Globe

1

,

Class

9-20

1

2 Vic

25c

Bishop Oil Co.

pfd.

9-16

1

(quar.)
Macotta

10-

35c

___

Co., Inc., class B

Genuine

9-21

(Arthur

10-

20c

Genesee Brewing Co., Inc.—
Class A (quar.)

9-21

10c

McKee

9

9-22

00c

Manufacturing' Co

3j/4%

9-23

25c

$3

Trust

Ccrp.

Power

3%%

9-23

30c

———

4.20%

Birtman Electric Co.

&

quarterly

Industries

9-23

10-1

________—

_____________________—

Corp.,

Bank

Brothers

General

9-23

9-

Co.

25c

;

1

11-

$12.50

prior pfd.

Rubber,

Company

9-19

7 Vic

(quar.),

General Reinsurance

9-22

;

43 Vic

———

(quar.)_

Co.

General

9-23

Maul
McBee

-9-30

IVzC

_

&

9-30

$1.50

(quar.)

10-

50c

common

Northeastern

9-20

50c

(quar.)

Tire

9-16

1

4Cc

;

J20c

$1.50

Service

Massachusetts

9-16

1

$1.50

Co.,

6%

convertible

$1.20

9-26

9-16

9-30

10-

-

(quar.;

(resumed;,
(quar.)

RR

RR.,

9-30

10-

$25c

5V2 %

General

9-20

Mansfield

9-26

Ltd.

Coal

10-31

25c

(quar.)„—,

{:

pfd.

(quar.)

Mines,

2'jc

Company

9-22

56»/4C

—

Blckford's, Inc. (quar.)
Bird & Son, Inc
Bird

1

9-30

35c

(quar.)

convertible

1

10-

50c

(quar.)

common

5% preferred (quar.)—
7%

10-

25c

Y)____

$17'/2c

————

class A

Grinding Machine
General Baking Co.

Bank of New York & F.fth Ave. Bank (N. Y.)—
Bank of Y'orktown

&

Enamel

Gannett

9-19

10-

1

i.—————

9-30

1

Gear

9-24

20c

(quar.)

4

5c

Corp.

10-

10-

10-

—

Inc.

Associates

Fuller

9-24

25C

——

50c

25c

{____

Frontier

9-20

11-30

________

■_

Works

National

Florida

9-19

4

Public

Co.______—__—L„

United

Fisher

9-15

10-

12'/2C

Maine

lc

Fifty

9-30

20c

iqiar.;___

(quar.)

9-2G

—

Co.,

First

1

10-

9-30

——

Formica

$17'/2c

-——

Co.

10-19

Central

Llnss (quar.;
Electric
(s-a)

Gas

(Fred)

Ferro

9-20

a5%

Maine

(quar.)

Frocks,

Increased

9-15

10-

(quar.)-

(quar./—

River

Federation

9-15

10-

25c

$1.75

(quar.)___

Mahoning

$2c

(resumed)
class A (quar.)

dividend

Federal

9-15

1

Macassa

9-22
10-11

Manufacturing

Fear

9-23

9-30

5c

$1.50

Extra

Bancohio

Fall

9-15

{./ 1010-

$1

—

Light, $7 pfd.

Axelson Manufacturing

backstay

9-16

15c

(quar.)

_______

Industries, Ltd.—
registered (intuim)
Plan Corp., Ltd.—

Thrift

7%

9-30

Electr.cal

Ordinary
Atlas

9-20

30c

■

(quar.)__u

Corporation

9-26

10-14

$3

Register

Fashion

_

Corp., $4 pfd.

Angostura-Wuppevmann

3

(Indianapolis)—

______________________________

Anchor Hocking Glass

10-

10c

—

Co.

ins.

10c

25c

National

(quar.)

9-16

1

par

Participating
Fafnir
Bearing

.

American Molasses Co.

1.

Sons

Forbes

&

10-25

$1

&

preferred

10-

pfd. (quar.)
Co.
(quar.)
Electric Storage Battery Co.———,
_____'
Empire Trust Co. (N. Y.)
(quar.)
Equitable Credit Corp,, 20c partic. pfd—•

9-15

1

9-30

$1.75

(quar.)

9-

9-15

$1.50

■

pfd.

Stock

Egry

6%

10-

stock (reduced quar.)
par stock (reduced quar.)—_

no

Sault

Elder

MacAndrews

9-20

5Cc

Steamship

Edison

9-20

9-10

9-30

—_____

Fields,—

preferred

Eastern

9-20

10-

9-15

(M.;

9-30*

10-15

25c

(quar.;

Racing

Common
$1

$6

Lowenstein

Payable of hec.

tl5c

(quar.;
...r,

Louisiana Power & Light,

9-24

$1.12 y2

Mfg. Co. (quar.)
Loa* Coal
Association, Inc.—

Sugar

80c

9 15

(quar.;

common

1

10-

10c

Ltd.———

Oil

9-22

1

preferred

Hosiery Mills, Ltd.,
class A
(quar.)

—

(quar.)

(quar.)

Mudge, Ltd.,

Common

9-23

30c

$1.12 Vz

(quar.)

com.

(quar.)

&

Eastern

9-15

9-30

$1

(quar.)

Co.,

Sugar

prior preferred

American

(quar.)——

(quar.)—

Mines,

Duff-Norton

East
—

(quar.)

Dominguez

9-15

25c

(s-a)
—

Alexander

•

Dome

Donnell

10-

(quar.)____

Manufacturing Corp. (quar.)
& Youngstown RR.—

Extra

4%

Holders

Payaole of Rec.

40c

$1.50

(Hartford)

Co,

Ltd.

London

15c

Inc

Rayr.oids,
B

Lipe-Rollway Corp., $1

*—

Mills, 4Mj% preferred
Hosiery Mills, Inc.

Mints,
&

37»/2c

13 Vic

—

Richardson

Share

(quar.)

9-16

Holders

When

Company

Co.

9-20

10-15

37y2c
40c

Co.

Oil

1

10-

25c

(quar.)—
(quar.)_„____

Corp.,——:—

Brothers,

&

Class

Canton

Albers

Beil

Devoe

Share

Company

Insurance

Common
■

River

pfd.

Plains

Lion

9-30

10-

$1.62 Vi

—

6 Vz % con v. pfd. (quar.)
(quar.)
—

Tissue

Davidson

are:

Per
Name of

Ainsworth

Company,

Delnite

The dividends announced this week

(quar.)

10-7

10-26

$1.50

$1

White

of

Wheat

Davenport
De

pfd.

Co

Reynolds,

Co.
of

Crystal

declared.

Akron,

&

County

Dan

cy2%

Corp.,

Per

Name of

Payaole of Rec.

10c
-

Cream

Cross

Share

Corp

Phosphate

Corroon

in

announced, but
which have not yet been paid. Further details and rec¬
ord of past dividend
payments in many cases are given
under the company name in our "General Corporation
and Investment News Department" in the week when

Aetna

(Peter)

Coronet

the dividends previously

snow

we

follow with

we

Motors

Holders

When

Per

DIVIDENDS

Monday, September 19, 1949

;

9-30

*

170 '

Volume

COMMERCIAL

THE

Number 4839

&

FINANCIAL

CHRONICLE

(1091)

15

GBI

Stock Record «» New York Stock Exchange
DAILY RANGE OF PRICES

WEEKLY VOLUME OF TRADING

YEARLY RANGE OF SALE PRICES

FOR EVERY LISTED ISSUE

STOCKS

Range for Previous
Lowest

Highest1

-

$ per share

100~

Dec

2%

Dec

14%

Feb

6%

Jun

70

May

$ per

106

9
7

Jan

1% Jun

16

18 % Jun

13

21% May 26

23% May
46% Jan

xnvs Jun

14

20% Sep 14

35

Dec

Sep

Dec

41% July

27% Mar 28

36% Sep

16

Feb

22%

14% Feb

20% May 17
8% Apr 19

Xl8%

Dec

35

Dec

Jan

44 %

5

5

5% Jun 20
46

99

108

Nov

2%

V

Nov

13%

Dec

65

Nov

2%

97% Mar

27% May
May
4% May

Dec

Feb

65%

Dec

75

23%

Dec

34

73

Apr 14

55

25

90

100

July 12

Apr

83

July

109

90

Mar

96

17 y8 Jun

14

16

76% Sep

64% Jan 24

May
May

Sep

16

27% Jan

May
v

Dec

preferred w w
Allegheny Corp common
6%% preferred A
$2.50 prior conv preferred_No
Allegheny Ludlum Steel Corp_No
$4.50 conv preferred
No

3% Aug 11

2y» Peb £5
40% Feb

4%%

7

Mar 12

104

$ per share

$ per share

45%

44%

2%

2%

44%

44%

44%

5.400

44%

♦106

*106

__

Shares

$ per share

$ per share

45 %

*106

the Week

Sept. 16

Sept. 15

$ per share
45

45

♦106

Sales for

Friday

Thursday

Sept. 14

2%

2%

2%

19 y4

19%

19%

20

20

20%

20

20 %

20

20%

1,400
2,800

20

20%

20%

20%

20%

20%

20%

20%

20%

20%

4,000

CLOSED

4r>

42

*40%

43%

*40%

43%

4?

43

35%

36

*35%

37

*35%

36 %

36%

36%

36 Va

36%

1,600

18%

19

19%

xl9%

19%

18%

18%

18%

19

9,000

STOCK

2%

19

7

7

7%

•46

49

*45%

22

Reduction Inc
No par
Alabama A Vicksburg Ry
100
Alaska Juneau Gold Mining
10
Aldens Inc common
5

Sep 16

PRICES

Wednesday

EXCHANGE

10
1

Air

Aug lo
3% Apr
2
16% Aug
9

SALE

Sept. 13

2%

Affiliated Gas Equipment com_—1
$3 preferred w w
50

103

15

13% Feb
64

4% May
58% Oct

37

9

2% Jun 21

21% May
80% Jun

;

3

HIGH

Tuesday

♦103

Adams-Millis Corp
—No par
Addreasegraph-Multigraph Corp__io
Admiral Corp
1

47% July 13
23% May 16

May 25

18% Jan

AND

Monday
Sept. lu

44%

5
No par
2.50

Acme Steel Co
Adami Express Co

9

27%
7%

$ per share

Par

1

Abbott Laboratories
Abraham A Straus
ACF-Brill Motors Co

18

Sep

3% Jan

2

Saturday
Sept. 10

share

45 Va Aug

14

May

LOW

STOCK

YORK

EXCHANGE

Highest

S per share

$ per share

37
76

NEW

Range Since Jan. 1

Year 1948

lowest

♦100

•45%

105

3%

3%

15

15

15 %

72

72

par

*71

51%

par

52%

*71

*83

6,000

105

3%

3%

15%

16
73

6,300

16%

75

*72

2,200

22%

73

3,800
70

2%

52%-

'

*71

*100

3%

15%

7%
49

22%

105

3%

15%

2%

74

♦100

75

1

*46

2%

2%

2%

52%

52%

53'A

53%

55

74

74

76 %

76%

200

19%

5,800

74

3%

19%

19%'

20%

20%

21

xl9%

20

91%

*91

gtd—100

2%

52%

74

19%

par

15%

7%
22%

400

44

*41

49

22%

3%

*72

2%

52

105

3%

15%

72

2%

22%

*100

*71

7%
*46

48

22 %

3%

100
1
100

2%

7%

7%

;

22 %

*100

105

3%

7%
48

22

22%

2%

2%

2%

91%

91%

90

91

•90

91%

*90

*83

85%

♦84

85%

*84

3,500

91

85%

21,000

85%

19%

600

■,

7%
X171

Jun

6

Jun

198

165

8% Jan

13

May

11%

Dec

93% Feb 17

7

Jun

Dec

21% Jan

15% Jun

14

25%

Dec
Feb

34% May
37% May

24% Jun 15

25
81

Mar

10

188% Jan 24

16

16%

Mar

1

18% Feb

Allegheny A West Ry 6%

Allied

28% Aug 18

1

6%

No par
5

179%

Kid

Co

-

17

*28%

44

Nov

50

Jan

Jan

31

83%

Feb

121

May

89% Feb

7

116

Sep

16

34V2

Dec

62%

Jun

34 y4 Jan

3

45

Sep

9

6%

Oct

10

Mar

6% Jan

3

Nov

68

Mar

51

Jan

4

10% July 22
67% July 26

18% Mar

29% July

20

Jun

13

24 % Mar 31

American Bank Note common

58%

70

8

96

Sep

Dec

25% Feb 25

31

Sep

13

73

Dec

98

Jun

76

86

Sep

12

Nov

31%

Oct

26% Jan

3

6% May

2% Jun

14

$25
3%

47

83% Jan

Jun

;• 91

v

42% May

'

Nov

Feb

37

Jun

22

3% Sep

Apr 29

61% July

May

31% May 10

6

x7% Jun 29
31%
103

14

43

67% Sep

15

10% Mar 29

43% May

Dec
Nov

30% Mar 23

35

Jan

10

Jun

96% July 11

104

Jan

11

10% Jan

3

111

6%

Sep

10%

Dec

5% Jun

1

3

Dec

6%

Jun

2% Jun

13

3% Jan

7

3

172% Mar 17

76%
163%

Nov

74 j

81

92% May

Feb
Oct

28%

177

Jun

NOV

100%

18% Mar

60

Jan

27

15
7

33% Jan

7

1

Jun

19% July

May

95Va Sep

187% Sep

6

Jan

21% Jun

Jun

49%

82

1

106% May 6
39% Feb 15

Jan

110

38

Dec

51

15

Dec

20%

14%

Dec

22%

Jun

14

81

Dec

94

Jun

71% July 29

104%

Aug
May
Jun

33%

Feb

94%

Feb

107% Jun

25

Feb

15% Feb

49% May

Oct

43

8

Jun

14

Jan

11

23% Sep

13

109

July

47% Sep

5

7

18% Aug 17
17% Mar 21
Mar 11.

87

35 % Feb

8

46% Sep

14

Jan

3

110% Sep

14

25% Jun

14

99

36% Mar 31

6*

preferred

4%

preferred

conv

5

13 %

1%

15% Feb 24

6% Aug 10
19% Aug 10

13% Jan

18

4% Feb

1% Jun

4% May

Sep

28

5
7
3

58

3

10% Sep

Jun

17

37

Nov

77%

Jan

37

35%

Dec

43%, May

34

3%

Dec

46% Sep
7%

20%

5%

13

3 % Jun
46

Jan

Feb

26% May

Dec

8

Jun

Jan

53

47% Sep 16
37% Aug 30
Jun

24

47% Jan

27

5

29

May 17

9% Sep

8

7

13% Aug lo

Jun

15% Mar

1

18% July 25

18"% Jan 20

15%

13%

Jan

19

Jun

12% Jun

14

Jun

73

Jun

22

11% Jun

100

102

Aug

Jan

$7 preferred

5

20

13

14 % Apr

12

3

83% Sep

13

American

6%

American Home Products
American Ice Co com

5%
29

Feb

8

25

83% Feb

11

102% Sep

13

70% Feb

10

86% Sep

16

6

14% Jan

7

Jun

6%

Dec

Jan

12%

16%

Feb

28

38

Sep

46

46%

Feb

68

163%

Mar

139

31;'
125

Mar

140

35%

25% Nov
21

Dec

10 V2

Dec

34%

Feb

116% Mar

16%

Dec

147% Mar

54% Mar
Oct

131

46%

Feb

115%

Nov

6%

Dec

X33%

NOV

Dec

90

76% Mar
x5%

Dec

27
'

.

10
169

Jun

Mar 31

6% Mar

Jan

23% Jan

Apr

37

May
Jun

35% May

Nov

32

Oct
.

24%
41

Jan

Jun

17

13

Feb

11

142

5

41

3

150

Sep

14

28

Jan

7

27% Sep

16

12% Jan

13

40% Aug 18

16

Jun

July

10

6

73% Sep

15

3

151% Sep

49% May 10

Jun

xll7% Apr

18

Apr

6% Jan
21% Jun

3

83

6

Mar 31

59% Jun

2

4% Jun

6

May

48% Jun

1

30%

Feb

41% May
45 % Jun

25% Jun

14

38%

Jun

3
25% Jan
99% Mar 29

Jun

48% Jun

Feb

Oct

Sep

46% Mar

18%

Feb

8

Mar

4

Dec

107

60%

Jan

22% Jun,14

15% Jun

20

36%

Jun

14

Apr

8% July

7

6% May

2% Aug

4

Por footnotes see page 26.




Aug 26

3

60% Jan
Jan

19

17

5

14

135

126% Jan

150% Jan

Jun

67

98

July 26

6

21% Jan

Nov

30

159% Aug 29

17

Jun

♦36

39

114

114%

114

115

X42

42%

42

42

13

63

121

Jan

13
7

Aug 25

8% Mar 30
38% Feb

17

91% Mar 11
80

Jan

6% Jan

4

7

62% Aug 18
35% Jan
7
35% Jan

8

36% Sep

14

106

Aug 23

55% Jan
26

27

Aug 25

10% Aug 15
4% Jan
5

39

9%

a%

64%

64%

a 78

65

65

31%

22%

23

23 %

69

101

67

67

9

9

32%

32 %
*101

101

32%

2%

2%

94%

94

29%

29%

%

X185

70%

*70

.

9%

9%

65

9%
32%

23%

23

23

67%

9%

8%

9%

32%

31%

9%
31%

500

*6

6%

5,400

3

3

3

3 Va

3

3%

8,000

186 %

101

101%

95

94%

95 Va

94%

186

94%
186

185 %

186 %

185%

25 %

25%

26'A

26%

26%

70

69

70

*68 %

22%

23'A

23%

107'A

*107%

46%

47 Va

46%

47%

46%

46%

18'A

18%

18%

18%

*18%

18%

16%

23%

23

23 %

16%

15%

16 Va

77

77%

46%

46%

46%

46%

46%

107%

107%

108%

109'A

109%

110%

109%

109%

31'A

31%

30%

30%

*29%

30

30

Monday

32

AND

HIGH

Tuesday

Sept. 12
$ per share

I per share

5%

5%

5%

5%

*15%

16'A

X77%

77%

70

46%

10,500

109%

10.9%

1,900

30%

30%

1,500

CLOSED

46

Thursday

Sept. 14

6

Friday

Sept. 15

$ per share
6%

6

$ per share

6

*5%

19

*18

19

*18

19

18%

18%

16

16

16

16%

16

16

2

2

2

2%

2

2%

2

50

51%

49%
8%

49%

9

8%

46 %

37

4%

*36%
4%

4%

*46

48 %

*46

x27%

9%

27%

27%

9%

9%

*96

100

*96

13'A

46

46%

46 %

37

9%

45%

45

13

13%

51%
9%

27%

9%

13%

27%
9%

6,600

53

9%

55%

4,300

10%

9%

2,800

46%

46%

467/a

46%

47%

37

36%

363/4

37

37

46%

100

2%

48 %

37

4%

2%

47

37

*46

1.900

46%!

46%
4%

100

16%

46

46

48%

1,100

19

16%

52%

9

9%

45%

4%

4%

13

13

13%

277/a

9%

100

*96

13%

600

4,600

48%

27%

9%

*96

1,800
14,900
'

:

4%

*46

27%

9%

9%
100

4%

48%

27%

277/0

*96

4%

*46

48%

10,400

9%

1,400

100

13

13%

700
'

82

81%

81%

81%

82

Amer Mach A Fdy Co com—No par

14

13%

13%

13%

100

*82%

83%

*82 %

3.90%

preferred

*79%

85

82

13%

13%

14

13%

83%

83%

No par

5
27

5%

5

American Metal Co Ltd com.No par

27

Amer Machine A Metals

100

preferred

for

Shares

6

*18%

2%

51%

52

Sales

the Week

Sept. 16

$ per share

16

*42

1,000

PRICES

16

EXCHANGE

600

16 Va

♦18

STOCK

2,300

18%

3,900

77%

♦77

Wednesday

Sept. 13

I per share

SALE

16 Va

20

46

18%

77%

23

109

46

45%

"

900

22%

45%

*77

340

7,200

69%

*107%

109

*107%

7,800

25%

*68%

107 Va

109

95

185 %

25

70

109

15 V*

3,500

6%

x25%

77 %

32
101 Va

6%

101

45%

15%

12,200

6%

18 V*

♦77

60

9%

102%

47

47
*18

1,200

69

6

22

22

*107%

23%

*67

32 Va

26,800
1,900

65

23

>

2,000

9%

65

67%

2,800
'

41%

9%

65%

67%

x69 %

■

39

116

41

*101

■/;
94%

9 4'A

186

186

y%

*36

114

41%

3

5%

2%

41

500

6%;

102

5%

23%

39
114

113%

66

*67

9%

5%

9%

♦36

87

*104%

106

27

*104%
*6

6%

83%

5%
27%
106

*82%

5%
28

*104%

83%

♦82%.
5

5%
28
106

5

28%

♦104%

:

20

29

*104%

6%

8,400

83%

*5

106

6%

400

13%

28'A

28%

1,300

6,000

,

106

6%

5%

600

3,100-

6%

6%

6'A

6%

No par

34 Va

34%

33%

33"%

*33'A

33%

33

33%

33

33

V

A Light com—No par
$6 preferred
No par

11%

12

11%

12

11%

12%

11%

11%

11%

12

101%

102 V8

101%

102

100%

101%

100%

101

23,800
5,300

85%

85%

85%

86

85%

85%

85%

13%

13%

13%

13%

13%

13%

13%

Molasses

Co

American News Co

1

Amer Power

*6

101'A

102

No par

85%

86

Amer Rad A St San'y com—No par

13%

13%

$5 preferred

Am

25

112% July
8% Jun

*36

45

13%

3

14

51

25%

41 Va Feb
56% Jan

7% Jun

Jan

40

114

*81 %

preferred

7

8% Aug 18
40% Sep 16

31% Feb

Mar

7,000

100

7*

7% preferred
American Safety Razor,
American Seating Co
Amer Ship Building Co

14

Jan

Apr

56% July
104

Sep

May

71% July
8%

178

Jan

138

120

8

12% Aug 16

19% Jun

34% Jan
130

Jun

68%

4

Jun

120

144

8

39% Jun

131% July
20% May
158%

36% Aug

19

7% Feb

Dec

176

2,900

3%

18%

4%%

Nov

31%

3%

14%

American

162%

20%

3%

18%

7

16% May

30%

3%

14%

22

95% May
86% May

30%

3%

18%

6% Jan

Feb

30%

3%

■

14%

104% Sep

Nov

30%

3%

14

4

Nov

30%

3%

18%

3

12%

29%

3%

18%

5% Jan

69 y4

30

14%

96% Jan

80 y8

16,000

86

14%

Jan

11%

30%

86

*93

"

18%

Dec

35

30%

85%

96

14%

98

Feb

30%

85%

*93

v

18%

30% Jan

Feb

200

29%

85%

14%

7

6%

95%

31

85%

18%

13

8%

94 %

30%

18%

4% Jun

Dec

94%

31

86

14 V4

22% Jun

Dec

93

96

86

18'A

July

7% Mar 14

No par

10,400

29%

Xl4 Va

35

Jan

1

50
1

6% non-cum preferred
100
American International Corp_No par
American Investment Co of 111
;1
American Locomotive common
1

10% May

76

10

A Leather com

preferred

conv

Dec

24% Mar

Electric

&

American Hide

Dec

6

Gas

No par
No par
Co
10

American Hawaiian SS Co

21% May
94% Jun

Nov

No par

preferred

400
400

29

32%

32%

86

8%

Saturday

1
No par
40c
Amer A Foreign Power com__No par

$6

11% Feb

Feb

12%
72%

*93

17%

29%

22%

American Encaustic Tiling,,
American European Secur
American Export Lines Inc

$7 2nd preferred A

Jun

10%

26%

96

Sept. 10

Par

16

5

73

108

33

LOW

STOCK

YORK

31

23

Jan

Feb

5

Jan

Feb

92

Dec

6
3

bi

5% Jan

Dec

16 V2

Jun

24% Jan

8 y4 May

79

95%

8

2% Aug 19
Apr
4

Jan

Jan
Jun

Jun

Apr

6% Jan

44

89%
14%

46

28%

32%

*67

—100
No par
100
No par
10

EXCHANGE

Oct

Dec

6%

NEW

Apr

7% May

Dec

42

28%

33%

♦64

American Chicle Co
American Colortype Co
American Crystal Sugar com
10
4%% prior preferred
100
American Cyanamld Co com:
_10
3%% conv preferred series A_100
American Distilling Co
20

Highest

19%

Dec

29

32%

9%

100

$ per share

$ per share

19

Jan

14% Mar

*28%

33%

—

Range Since Jan. 1
Lowest

Highest
$ per share

*28%

28%

STOCKS

Year 1948
Lowest

$ per share

700.

2,500

*16%

28%

44%

American Can Co common
25
1%
preferred
100
American Car A Fdry com—No par

Range for Previous

7

184

*182

16%

X32%

113%

Broadcasting Co Inc—1
Amer Cable A Radio Corp—
1

preferred
American Chain & Cable
5% non-cum preferred

*6%

182

28%

*35

American

7%

6"%

16%

33 %

3%

10

—

x6%
181%

17

29%

Corp
2
Shoe Co com„ No par

Amer Brake

6%
183

*16%

183

29

Bosch

American

6%

7

17

182

86

50

—

180

*16%

96

Allied Mills i

26%

25

6%

33

No par
Allied Stores Corp common__No par
preferred
100
AHlt-Chalmers Mfg common_No pat
conv preferred
lOfl
Alpha Portland Cement
No par
Amalgamated Leather Co com—1
6% convertible preferred——50
Amerada Petroleum Corp
No par
Amer Agricultural Chemical_No par
American Airlines common
—1
3%% cum conv preferred——100

x33% Sep

13
9

25% Feb

6%

180

♦16%

Allen Industries Inc
Allied Chemical A Dye

*83

85%

Smelt

7%

*175%

7%

7%

7%

No par

36%

38%

37%

100

Snuff Co com

non-cum

preferred

*175%

100
5

No par
Refg common__No par

preferred

American

6%

A

178%

•

25
100

39

46'A
153

*39%
*145

38%

39

7%
39

38%

178

7%
39

47%

48

48%

159

158%

40%

40%

*145

40%
150
23

*40

150

23 y4

22 Va

No par

27%

21 Va

2712

27%

No par

10%

10%

10%

10%

*10%

American Sugar Refg common—100

39%

39%

397/a

39%

*39%

American

Steel

Foundries—No par

Stores Co

American Stove Co

7%

preferred

American

Suwatra

Tobacco

American Tel A Tel Co

Am Water

American

7%

Works

Woolen

*124 V2

*177/B

18%

17%

100

144%

145'A

Xl43%

common

72%

151%

Cable

No par

10%

*10%

39%

*39

143%

18 Va

62%

119%

7%

1

26%

27%
27%

27%

34%

35

35%

•104%

106

*104%

143%

34,600
14,400

73%

73%
150%

240

62'A

2,500

61%
120

61%
119%

*84

*65%

65
6

6%

7

V,

6%

60

60

7%

6%
*60

60

60

27%

27%

28

27%

27%

27%

27

27%

*27

35 %

*35%

27%
35 %

27%
36

♦104%

35%

36%
106

600
200

143

60

106

1,100

150%

61%

67

27%

10%

39%
127

73%

♦119%

86%

*64

600

151%

65

♦83%

67

26%

143%

27%

73%
,

86%

86%

5%
*59

20

5,000

1,000

♦83%

*83%

800

23

18%

25

*63%

59

41

152

18

25%

5%

*58

18»/»

7 V,

86%

6 Va

t

39%

24%

66 %

6%

10%
*125

7%

*82%

5%

10%
39'A
125

25%

*64

420

151%

72%

119%
25

142%

6,900

'

125

143%

62%

7%

Anchor Hock Glass Corp com.,12.50
$4 preferred
No par
Anderson, Clayton A Co
21%
Anderson-Pilchard Oil Corp
lo
Andes Copper Mining
20
A P W Products Co Inc
8

27%

27%

60

48

159%

40'A
*148

27%

119%
25'A

40%

153

♦27%

62%

7%

39%

47%
158%

22%

119%
24%

*39

47%

40

18%

72%

39

23%

18%

151

2,500
11,100

159%

*148

127

100

7%

22%

62'A
7%

Copper Mining

♦125

18,700

40%

23%

119%
24%

25
50

*27%

2,300

13%

7%

47

40 %

150

86%
178

39%

159

48%

600
800

7%

39

39

*

39 Va

38

159

151%
62%

7%

100

A

143%

72%

151%

72%
151

24'A

$5 prior conv preferred
Wire

62

119%

18%

5

Inc

preferred

Anaconda

72%

150'A

125

common__No par

Co

$4 conv prior preference—No par
Amer Zinc Lead A Smelt com
1
Anaconda

125

127

100
5

25
6% preferred
100
American Viscose Corp common,, 14
5% preferred
100

American Tobacco

22%

7%

7%

*176

178

♦176

38%

217/s

American

178

38'A

157%

46%
159

150

178

:

*

104 %

106

'

27%

105

120

460

7%

2,400

26%

13,600

86
68

100

6%

5,900

61%

40

27%

15,500

27%

320

35%

1,600

105

♦51%

52%

52%

52%

*51%

52%

♦51%

52%

*51%

23%

24%

24

24%

23%

24%

X23%

24%

24 %

24%

♦9%

10%

*9%

10%

*9%

10%

•9%

10%

*9%

10%

*2%

2%

10

52%

400

12,500.

1

*2%

27%

3

3

3

3

3

3

.

300

16

COMMERCIAL

THE

(1092)

NEW

YORK

&

FINANCIAL

STOCK

CHRONICLE

Monday, September 19, 1949

RECORD

•

\\'f 'v/,

Range for Previous
Year 1948
Lowest

$ per

Range Since Jan. 1
Highest

$ per share

share

26% May

34% Jun

NEW YORK STOCK

NOV
Nov

32%

Oct

19% Jun

2
14

Dec

101%

Jun

77

Jun

15

95

5

Jun

13

49% Jun

7

7"% Jan
8
77% Jan 10

6%

Dec
Dec

41%

15% May
106

56%

Jan

Nov

13%
11%

38% Jun
Jun

22

15

Jun

115% July

18%

Dec

13

94

105% Jun

Jun

99 %

Feb

88
103

Jan

13% Mar

Jun

7% July 18

17% Aug

Dec

1

19

May

11% Feb

111

May

95

Dec

106

July

87

Jan

35

Jun

30% Feb

14

Jun

12% Mar
98

Dec

87%
26

;

28

Apr 27
Apr 12

Feb

$6 conv prior preferred
Armstrong Cork Co com

49% Jan 21
99% Feb

83.75

4

110% Jan
3
16% Jun 30

^

7
12

Sep

100

Sep
44% Sep

13

Feb

120%

Sep

80

14

105% Jan

7

Mar

107%

Jun

97% Jun

14.

103% Jan

24

13%

Dec

19%

Jun

10% Aug

41

44%

Dec

62

July

32% Jun

84

06

25%

Jan

64%

Sep

81

Feb

102

Feb

91

Feb

99

Nov

53

Feb

77

Feb

14
13

Dec

30

30% Jun

Dec

66

25% May

Xl9%

50% July
114
May

48% Aug
99

4%
12%

93% Jun
Jan

16

r;

4

Jun

42

100

Jan

10

Feb

7*

July 26

4% Feb

9 % May

25

13% Feb

16% May

Nov

24

20

Apr

24%

Dec

1

Jan

64%

Oct

7

Jun

106

Jun

114

Sep

20

13

11

Dec

19

Jan

< % Jun

14

NOV

6%
XI1

19% Jan

11% Jun

20

15

Jan
Jan

,

7

47

7

70% July 13
94

Mar 18

39% Sep
111% Sep

13
15

100

Aug 18
24% Aug 11

58

3

Jan

106 % Aug 18

20% Jan

Jan

24

17% Mar 10

Powder

Conv

14

7% Jan

7

14

44% Jan

10

82.25

13%

Feb

16% Jun

11%

Dec

17%

Avco

300

6%

8%

48%

*98%

8%

*14%

104

100

100

100

100

43%

43%

43%

90%

90%

90%

93%

*100%

1007/8

100%

101%

92%

48%

48%

9%

9

*104

99%

'42'/a

*14%

93%

91%
101

11%

11%

11%

35%

36%

36%

36%

36%

35%

9

4,900
7,800

92%

93%

101%

101%

*11%

11%

1,400

367/8

::

37%

2,600

66%

66%

67

83%

83%

83%

84%

84%

84%

83%

83%

*84

38%

39

39%

38%

39%,

37%

38%

38

*110%

112%

♦110%

112%

*110%

111%

111%

*111

99%

99%

99%

99%

99

99 %

22%

22'/a

26

2J'/2

23%

23 %

:

51

50%
*105
*17

107

f

;

51%

51
*105

:

107

112%

51%

-7%

7%

*14%

15%

*14%

15%,
5

common—3

5%

No par

34%

18%;

5

5%

*12%

35

5%

5%

5%

36%

5%
,

23

50%

51

7

*15%

5

5%

5%

570
——

100

7

*6%

4,500

15%

*14%
5

5

ii

17

17

7

*14%

600

2,700

*105% '107

18

12%

10

99%

227/s

51%

12%

500

10,700

113

99

107 '■'>

5%

12%

400

86

38%

23

51

.

600

67%

,*65%

99

*17

15%

5

12%

35%

7%

67%

*105%

51%
18%

67/s

12%

98

*22%

106%

*17

*17%

6%

*14%

*65%

*105

-

18%

6%

67

60
110

42

37%

66%

14,400

100

37

67

700

15

104%

42

11%

*34%

200

100

92%:
101%

11%

HO

'

15%

14%

99%
42%

11

1,400

if.-.

108%

*8%

101

99

*108

15%

11

10%

48%

*98%

98%
108

•

43%

101

1,000

14%: 15%
104% 104%

•

101

*99%
x42 %

44%

18,000

*14%

15%
105

*104.

6%

61%

108

9%

15%

15%

6%

61%

98%

;

,

15%

*8%

104

6%
61%

*48

99
109

109

9%

15%
*- 105

15%

48%

48%

99%

15%

6%

61%

6%
62

62

109%

.

*14%

14%

No par

preferred.

6%

6i

47%

8%

36%

6%

60%

104

*100

Mfg Corp (The)
conv

15,7u0

86%

15%

*4%

4% Jun

46

4,400

23%

86%

•

47%

12%

34% Jun

Jan

367/a

23

87

*14%

5c

Oct

Feb

36%

23%

87

99

Automatic Canteen Co of Amer—5

Jun

7%

4%
35%

36%

22%

86%

*109

No par
($1.20)—No par

pref

prior
Co

36%

24%

85%

99%

No par

common

Corp—
Nichols common

Autocar

37

23%

86%

109%

*99

for

Shares

37

5

Atlas Tack

Austin

60%

47%

CLOSED

Sales

the Week

$ per share

24 /

109%

preferred

conv

6%

Friday
Sept. 16

$ per share

23%

t

X86

6%

Thursday
Sept. 15

Sept. 14
$ per share

37

88

*59%

STOCK

_.

4%

37

23%

86%

Artloom Carpet Co Inc
No par
Associated Dry Goods common—1
6% 1st preferred
100
7% 2nd preferred
100
Associates Investment Co
10
Atch Topeka & Santa Fe com__100
5% non-cum preferred
*100
A T F Inc—-10
Atlantic Coast Line RR
No par
Atl G & W I SS Lines common—1
5% non-cum preferred
100
Atlantic Refining common
25
4% conv preferred series A—100
Preferred $3.75 series B
100
Atlas Corp
—5
Atlas

-

4

7% Sep 14
15
> Mar 24
8

No par

v-'

37

22%

EXCHANGE

Wednesday

Sept. 13
$ per share

$ per share

$ per share

No par
No par

preferred

$4 conv preferred
Arnold Constable Corp

13% Jan 11
15% Sep 14
105

No par
10
100
com
5
No par

Armco Steel Corp com
4%% conv preferred/Armour & Co of Illinois

3

Tuesday

Sept. 12

Sept. 10;

Par

Archer-Danlels-Mldlar.d

37% Sep
9
27% Jan 26

89

Monday

Saturday

EXCHANGE

24

68%

-V-

(

$ per share

;

23%

(

STOCKS

Lowest

Highest

$ per share

v'"'

j

.

5

12%
5%

12%

1,900

12%

800

5%

34,000

37%

1,800

14

5%

2,200

36%

36%;:

37

37%

37%

13%

13%

13%

9%

9%

9%

9%

8%

9

8%

9%

i

B
Jun

8

14% Jan15

Babbitt

Jun

8% Jun

13

12% Jan

7

Baldwin

7% Jun

13

11% Jan

7

Baltimore

15% Feb

16% July
29% July

14% Jun

14

22% Jan

7

4%

13%

Feb

31% Jun

14% Jun

13

25

Jan

7

Bangor

60

Feb

80% May

60% Jun

13

72

July 27

Conv

40%

Nov

59

May

38

Jun

28

47% Jan

3

Barber.

Oil

Dec

28% Jun

15

Sep

8

21% Jan

7

Barker

Brothers

45

36

Jun

6

41

3

4

51% Sep
1
13% Aug 23

10

Mar

x20

36% Nov
31

Feb

9

Nov

Jun

xl3

39% Mar

45% Dec
16% Mar

9% Feb

15

Mar

15%

Dec

23% Jan

30%

Dec

43 % May

32

Jan

4

51% Sep

2

80%

Sep

90

87% Feb

25

96% Sep

6

12% Apr 27

20% Jan

8

Jan

22% May

16% Mar

100

11% Jun

3

Mar

17% Jan

20

(B

T)

1

preferred

Works

Cigars

Bayuk

Beatrice
Beaunit

68

Dec

86%

Dec

102% July

Feb

30%

Feb

125

•

Mar

93

Jan
Jun

28

30% May

23% Feb

11

37% May
39% Oct

Feb

25

73% Jan*.
2

23%

24

23%Jun

9

Dec
Nov

26%

139% July
37% May

25

14% Jan

14

4

82

Sep

14

5

102

Sep

7

May 10
13

2% July
26% Jan
32

Home

Beneficial

13%

13%

14%

133/4

13%

13%

14%

7,600

12%

2,100

2

Year 1948

$ per share

26%
9%
13

17% May
44% July

16

26

47

13

13

25% Mar 30

*88%

90%

*88%

90%

29%

29%

30%

7%

45% Sep
Jan

13

42%

Feb

66% July

42% Apr 21

54

Nov

96

91% May 11

97% Aug 18
2% Jan 13

5% May

1% Mar
26

Jun

9

17

7

7%
25

25%
92%
8%

120

Sep
Dec

22

11% May

7%
65

Mar

30%

75

July

Dec

40

Jun

Co

class

Dec

81

61% July

16
13,

17% Mar 14
124

Mar 19

10% Aug

8

Co

3%%

Union

Brown

&

Shoe

Co

BucyruS-Erle Co
preferred
(The) Co
$5 preferred

26%

13%

14

12%

12%

13%

11%

*10%

52

*47

13

Buff

14

Bullard

Co

Watch

97

Jun

92

Feb

Jun

May
70% Jun

7*

100

6

82

Aug 12

3%%

Apr

88

Jan

73

6

77

Feb 10

Feb

17% Jun

Nov

114

Deo

Dec

89

14

Jun

14

9

13

121

7

Mar

98 %

Jan

23%

6% Jun

13

Feb

Jan

60

Jun

1

4% May
27% July

2% Mar
16.

13% Jun

15% Jun

Dec

Apr

x97% Jun

10% Jiily

Mar

73

77

3

Feb

7

17

Jun

13

105

July

98% Jun

10

35% Jun

-

20% Jun

13

16% Jan

10

7

4%

7

Butler

24% Jan
Jan

27
25

Term

20%

7,400

23

23%

23%

23

23'%

22%

23;

23

23%

2,200

54

11

11

1,500
20

54

55

56

56

'

20%

20%
18

20%

20%

1,070

17%

17%

18%

4,700

45%

44%

45

45%

45%

44%

45%

3,400

50

48%

49%

48%

49%

5,900

97%

97%

97%

*96%

97%

100

1%

300

15

,

x48%

50

97%

*96%

97%

*1%

1%

30

1%
*30%

30

49%
*96%

1%:

*1%

1%

1%

30%

31 %

31%

*31%

7%

7%

7%

8%

15

32%

32%

33%

33%

*33%

7%

7%

7%

7%

7%

25-%

24%

26

26%

104%

*103

100

7

7

23%
25%
*103

24%

25

25%

26

26%,;

26%

26%

104%

33%

*103

33%

33%

1

9%

9%

9%

32%

32%

*31%

No par

17%
16%
121

No par
No par

18

16%

16%

121

9%
68

*98

17%

122

9%

9%

68

*

*30%
*94%
15%

95

.-No par
5

33%

17%

is

1

:

'.-/iv

15%

*89

90%

*80%

84

100

*74

79

No par
_1

preferred—100
15

100

Zinc.

5
No par

common

participating preferred^—100
Co

No pa*

14%7%
*105

y.

14%
7%
110

7%
65

7%
65

3%
19%
101

9%

100

16%

9%

3%
19%
101

31%
95

16

15%

16%

33%

33%

:

34

18%

*24%

500

27%

8,500

*103

104%

24%

27

104%

34

33%

33%

2,900

9%

9%

9%

2,900

32%

32%

32%

32%

69

100

*98

19%
16%

19%
16%

123

*121%

9%

9%

69

69

800

100

19%

1,300
6,500

16%
123

40

9%
70%

13,500
-

760

31%

X31%

31%

*30%

97

*95

18%

3,900

26
27 s

9%

69%

31%

25%

*121%

10%

95

25%

16%

123

69

4,000
2,700

25

19%

16%

*121%

10

2,700

7%

*98

19%

16%

122

8

34%

7%

7%

9%
.

100

19%

400

34%

33%

32%

*98

>:.

18%

7%

32

26

9%

32%

*

200

26

34

34

9%
32

68%

x33%
,

100

preferred

34

8

15%

33%

-

common

*103

104%

*31%

35

31%

31%

pfd—100

Inc

26%

7%

*32%

68%

1

—

Corp

100

*98

No par
1
5

8

*25%

*1%

1%
32

35

24%

25 %

15

common,

8

24%,

.

26%

No par

preferred

Byron Jackson

44%

49%

*53%

-2.50

-100

M)

45%

49%
*97

(assented )_100

common

(A

•

44%

5

—100

Bldg 7%

Bros

Co

7%

19%

11

18%

...

Buttd Copper &
Byers

20%

20

—

9% Jan

26% Jan 24

20

18%

preferred
Burroughs Adding Machine
Bush

104

20%

11
*47

20

2nd

conv

4%%

47

20%

11%

18 %

Bush Terminal

2

47

20%

,47

53 %

preferred

4

Feb

52

19%

21

common,

Co

Feb

4% Mar 30

11%
47

19%

19%

18

common

Mills

May 14

82

11
47

22%

CLOSED

20%

3%%

8%

11
*42

EXCHANGE

53%

—

Burlington

Dec

7%

STOCK

200

3,400

20,400

17%

Niag El Corp 3.60%

Mar

Shar°s

26%

13%

for

the Week

Sept. 16
$ per share

27

100

Sep

Bulova

Sales

Friday

Sept. 15
$ per share

12%

common

% Sep

7

.

$ per share

13%

1%

Budd

16

11

Thursday

Sept. 14

21

—

77

79

$ per share

J per share

PRICES

Wednesday
—

53

$3.60 preferred
Brunswick-Balke-Collender

72%
12 %

$ per share

SALE

-

17%

Inc

95

Jan

HIGH

Sept. 13

*26"%

Bigelow

Brown

12% Feb

18% Jan

AND

Tuesday

200

20%

Gas

86

36

1,300

53

Buffalo Forge Co

15

134%

12%

preferred

Brooklyn

13

19

"

14%

Airways Inc

16

13% Apr

5,400
41,500

1

Bearing

Jan

29% Jun

133%

30%

28%

No par

Maine RR

34

15

133%

25%

30%
28%

No par

(The)

70% Sep

Apr 26

133%

25%

28 3/8

A

Borg-Warner Corp
3%% preferred

26% Jun 27

6

135

25%
31

26%

Inc__

90% Jun

Feb

16%

Feb

7% Jun

4

27%

25%
30%

26,800

^

B

Stores

21% May
43% Jun >.
24% Jun

78% Aug
12% Dec

29%

120

Aug 18
Apr

29%

12%

14

100

31%

28%

2%

13%

Jan

6

25%

31 %

29%

Monday

No par

14

25%

32

28%

Sept. 12

5

27

25%

31%

2%

26%

Co

Jan

257/8

28

400
500

2 3/8

12%

6

95

25%
31%

2%

14

Roller

15% Jun

2%

26%

Bower

13% Jun

'2%

11%

Jan

24% May
124% July

2%

13%

33

Feb

2%

1,700

81%
102

*26%

15

Nor

2%

81%
*101

11%

Sep

15

81

102

13%

26

17%

81

102

30%

Briggs Manufacturing Corp—No par
Briggs & Stratton
No par
Bristol-Myers Co common
2.50

3

82

102

26%

10

Jan

82
102

11%

:Jan

9

10%
26

13%

29

29% Mar 14

10
26

.*26%

14

33% Aug
Aug
23% Nov

10%
26%

No par

20% Jun

12% July

93/4
26

No par

34% May
37% Jun

99

83

102%

Saturday

7

Feb

10%
23%

Sept. JO

-Jan

Feb

9%

26%

LOW

STOCK

3?

Dec

6,000
38,500

30

9%

26%

3,400

14

27

29%

29%

9%

2,600

21% Jun

90%

293%

90%
293/4

25

35% Feb 17
8% Mar 30

Sep 13,
10% Jan 21
32% Sep 14

*88%

11%

&

34

90%

11%

Boston

103% Aug 23

*88%
293/4

24%

Jun

3.

90%

*1333/4

Brewing Corp of America
Bridgeport Brass Co

98

500

*88%

11%

47% Jan 10
9% Apr 16

18% Jan

13%

25%

5

23% Sep

13%

1343/4

13

101% Apr

13

11%

6% Jun

Oct

12%

25%

25 Vk Jan

15% Mar

13%

*1333/4

Feb

NOV

200

*13

26%

11% May

Nov

1,100

13%

11%

71

36%

1,200

12%

13%

1333%

10% May

x27% Mar

34%

12%

14

27%

Bliss

Braniff

34%

123/4

*13%

25%

Dec

13

34

12%

14%

11%

Nov

6 % Jun

33%

123/4

26

Dec

26

33%

11%

Black & Decker Mfg Co
Blaw-Knox Co

Borden

1,000

24%

5

87%

10

7%
29

12%

X26%

STOCKS

Class

*28

11

Par

Bond

7%

29

24%

32% Jan

19% July 28

73/4

85

10%

8

16% May ', 2
38% Mar 7

*82

85

10%

9

Jan

27% May
44% Jun

1,300

24%

Aug

51

Dec

16

No par

YORK

Ami

60

15%

33%

9%

*133

1,400

95

*13%

25%

100

50

*93%

No par

Aug

Dec

16%

8

*28

50

Carpet

18

30%

Sep

73/4

8

28%

50

6,200

39

Electric Co

Boh

Jan

33% Apr
17% Jun

29%

*82

26%

9

2%

12

96

6%

13%

Jan

Dec

Jun

13%

6.4

57%

42

13%

50

21

1% Aug
32 % Dec

*12%

18

37% May

May

14

Jan

Dec

Nov

12%

14

com__No par

(Del)

*7%
*28

33%

12%

27

22%

37%

33%

Aug 24

9% Jun 15

29%

7%
29

14%

(E W) Co
1
Bliss & Laughlln Inc—,.....
2.50
Bloomingdale Brothers
No par
Boeing Airplane Co
A
5
Bohn Aluminum & Brass
5

32% Mar
19% Nov

Apr

12

13% Sep
13% Jan

7%
*28

29

12%

Co_18 pesos

$ per share

14% Mar 30

6

82

33

EXCHANGE

30% Jan

•

Steel

NEW

13,

8% Jun

82

12%

1
1

Bethlehem

y-:*.; A

30

Dec

Consol Mining

Highest^

22% Jun

82

33

—33 %c

com

Foods

Best

Range Since Jan. 1

10% Jun

*80

*81

preferred
Bigelow-Sanford

36% July

14%

*101

Birmingham

19% May
14% Sep

143/4

83

11% Mar 11

Dec
Dec

15%

102

31% Mar 21

$ per share

15

101%

29

$ per share

15

*81%

9% May 31

Lowest

94

*14%

12%

493/4

94

$3.25 ser of 1946-No par

22% Jun

Feb

X13

Loan

12%

493/4

95

100

common—

12%

50%

94

*13%

1
1
10

—

12%

50%

95

7%

7%

12%

50%

*

5

3

W:-

82

*27%

10

Co

Appliances

129% Jun

Highest

15

*80

50

Best & Co

136% Feb

95

*14%

2.50
pfd——100
1

50%

96

Cum pfd $4 div ser of l948_No par

Cum pfd

7
7

12% * 12%

50%

*94

26%

Benguet

Sep 13

'

*50%

25

—100

—10

Range for Previous
Lowest

,

■

12%

12

No par
common

4%%

Indus

6

33% Jan

16%

13%

preferred

Bendix

7

-

3,700

17%

13%

Bendix Aviation

Jan

26% Sep

46

16%

13%

Co

11

44

1

Corp

347/8 Mar 30

44%

29,000

Mar 21

Jun

46

50%

98

6% Apr 13

230

*45

49%

18
13

21% Feb

68

*38%

88 % Aug

26

68

39

Bell

Jun

68

50

18

26% July
87% Mar

*67%

493/4

Feb

38%

68

*38 %

17

21% Jan

66%

50%

14

Feb

67

39

11% Jun

Nov

66%

50

24% Jan
103% Jun

Dec

67%

39

Beech-Nut Packing
Belding-Heminway
Bell Aircraft Corp

9%

*66%

50%

1

26

2,900

39

30

.21

193/4

49%

Mar 30

4% %

193/4

39

Feb

Dec

193/4

49%

16

90%

19%

39

RR

Howell

20

49%

37

&

19%

*38%

16% Jun

Dec

19%

—5

14

14%

19%

—50

16

Creek

19

16%

14

Aircraft

Beech

7,100

19

44%

10% Feb

Beech

4

173/4

16%

11% Jun

21

32% Feb

17%

46%

30% Jun

Feb

Nov

10% Jan

30

17%

16%

37% July

14%

10%

6

27% Jun

17

X45%

20% May
19% Mar

6% Jun

34%

17%

16%

32% Feb

Feb

17%

46%

Apr

80

Sep ! 7

17%

16

Corp

Beck Shoe (AS;

82

17

46

Mills, Inc___

5

9,100

16%

16

69

Dec

5,800

16

15%

Jan

69

9%

10

pfd

conv

10

9

10

Inc
Co

Foods

3%%

9%

9%

14

(Delaware).

Co—

Oil

97/a

8%

13%

common

Corp

Iron

13%

9%

8%

100

preferred J.
Barnsdall
Bath

14%

9%

8%

100
common—50

Aroostook

5%

14%

9%

preferred

non-cum

&

common

14%

13

Works:

Ohio

&

100

Inc

Locomotive

*95

97

X94

94

16%

*15%

16%

2,500

34

1,000
10,200

18%

*33%

18%

90%

15%

90%

18

34

34

18%

31%

600
200

17%

18

*89

90%

90

90

150

♦80%

84

*80 %

84

82

82

*82

83

100

79

*74,

79

*74

79

*74

79

.,.V *74-.
14%
7%
♦103

7%
♦65%

*3%

19%
101

14%

14%

7%

14%

7%

107%

14%

7%

7%
110

*108

7%

7%

7%

65%

66

91%

14%

7%
107

107

7%

*89%

65%

65%

14%
*7%
*108

7%

7%
*66

66

14%
7%
110

7%
67

4,700
900
10

4,300
150

'

4

3%

20

3%

20

101

*100

3%

20%

19%
*100

101

22%

23

23%

23 %

23%

23%

33%

33%

34

34%

343/4

35

55

53

53

I

3%
19%

23%

*100

23%

343/4

3%

*19%

101

34%

3%

19%
101

1,100
1,200
30

22%

23%

1,200

34%.

35

2,100

'

27% Mar
52

40% Jun
54% Sep

Jun

1%

Dec

5

Dec

21%

Dec

•

May
8% May
31% May

9

Nov

101%

Nov

119

Jun

37%

Dec

44

May

14% Mar

30

Feb

52
h

3

1

26

May

2

Jun

2

3% Jun 27
16% Jun
7

15% May

9% Jap
100'

Jun

35% Jun

3
24

27

xl9% May

16% Jan

8

10

Mar

19 % May

10% Jun

13

18

Mar

47%

40% Jan*

For footnotes

see

Dec

page 26.




5

36% Jan 26

58

California Packing common

Apr 18
1% Jan
7

Callahan

5% Jan

Calumet &

6

22% Jan 10
12% Feb
4.
109% Mar 21
41

May

6

19% Sep 14
14% Jan

'7

47% Sep -13

6%

v

preferred

,

Hecla

L

Cons Copper

Campbell W & C Fdy

Can Dry Ginger Ale
$4.25

Canada

conv

com;

Southern

Ry

Canadian

Pacific

Mills

Ry
;

*53

53%

53'%

1

1%

1%

1%

1%

1%

1%

5

3%

4

4

4%

4

4

No par
1,66%

preferred

17%
10%

No par

105

100

No par

Co—

Canadian Breweries Ltd

Cannon

No par
50

Zinc-Lead

25

iNopar

17%
10%

17%

xlO%

17% -

17%

:

10%

xl05

105%

*39

39%

*39

39%

y.

39%

*18

18%

19

r

19%

18%

133/4

14

14

46%

47

.,47%

14
-

j. 47

3%

17%
y

106

*104

14%

46

*1%

17%
11

10%

106%

?

*53

143/e

17%

10%
104

39

19 %
47

4

39

*19% '20%
■

133/4

14 y8

47

47

54

70

1%

1%

104

39%
..

10%

/ *53%

54

•

1%

2,200

3%

4

3,000

17%

10%.
*102%

17%

1,300

10%

15,600

104

260

*39

39%

*19%

20 %

900

14

14%

41,400

*46%

47%

800

110

THE

Number 4839

Volume 170

COMMERCIAL

NEW
Range for Previous
Year 1048

,

Lowest

.Range Since Jan. 1
Highest

-

Feb

18

May

48 %

Apr

56

Aug

3%

Sep

100'/a

Feb

'

30

Nov

i

6 >/4 Mar

35Va

55% May 11
8 % July 26

4

5% Feb 23
100

.Jan

108

17

Capital
Carolina

17
14 *

30% Sep 14 ;
35% Jan 29

Carolina

25% Jun
12% Jun

14

18 % May

9

Carrier

37

May

5

Conv

7% Aug

18

30% Mar
6

May

4

Feb

24

Feb

7

Jun

30

Jun

10

40

131

Jan

11

140

26% Jun

7

34% Sep

Feb

39%

97

Feb

105

123

Feb

Case

"7

23

105

7

$4.75

May

Jun

15

131% Jan

6

7%

17

26% Jan

7

17%

Dec

20%

Jan

15% Jun

17

18% Jan

11

16

Dec

18%

Feb

14% Jun

29

17

21

Feb

11%

Sep

6%

Dec

74'

83

Jan

39%

10 %

14

Jan

24% Jan

4
3

15

88 %

Jun

28 %

Apr

12%

20 "

May

Nov

35% Jan

13

12% Apr

12% Sep

2

9% Jun

Feb

33

Jan

26"%

Jun

8 ;

18 % Jun

Feb

7%

■ ■

14

22"% July

Feb

Aug 24

13
14

21% Jan
13% Jan
27

Jan

Jan

6% Aug 31

May
Jan

29% Jun 13
79

90

91

Jun

7

Jan

*35%

29%
31%

143/8

14%

35'A

351/4

36%

36%

7%

75,8

39

38J/4

39

34%

*102 j/2

Feb

7%

Feb

9

7% Mar

28%

x 281/4

293/a

28%

28%

*101

33s/8

900

143/4

3,900

36'/a

*7%

■«8%

j

800

•\

3,000
50

139

139

*

■

600

7 3/8

381/4

1023/4

1023/4

8,100

34

333/8

34

1023/4

102

124%

125%

15%

153/4

16%

16%

5
1

*15 J/4

153/a

15%

83/4

83/4

8%

273/4

29%

xl02

124i/2

102

xl23

1013/4

124

102

610

1023/4

123

9

31/8

281/4

21%

281%

*101

*101

16,700
200

102

124

102

124

A

•r

Co

15%

v

124

124%

1

.

*16

360

16 J/4

-16%

..

15 J/4

163/8

165/a

16i/a

163/4

16%

,

16%
16%

*16%

16 3/4

*16%

163/s

15J/4

163/8

151/4

151/4

151/4

15%

153/a

800

>83/8

8%

8%

8%

2,000

35/a

*3%

35/a

13 5/s

137/s

13%

400

8%

8'/4

11,700

87/a

3%
13%

*133/8

8

8

*111

113

*111

87

87

*85

13

13

11%

12 y8

12

12

&

Violeta

South

de

11%

11%

-9.50

11%

12

No,par

West

*12%

*7 J/8

Belt

$4.50

Products

Co

No par

.

preferred

No par

_

Mfg

1,25

3%%

convertible

86

13 5/a

133/4

12

12%

12

12

V;

*7%

7%

.

26%

26%

23%

23%

24%

96%

96J/2
6%

6

57/8

12

Chic & East

21

Class

May 16

30%

29%
3%

.

"

10%

1

10%

Chicago Great West Ry Co com—60
5 % "preferred
—i
:
:
50
Chic Ind & Louis Ry Co class A__25

8%

8%

8%

15%

16'/a

6'/2

6%

6 34

10

Jan

Class

5% Jan
8% Jan

13

33% Jan
15

;

..No par

B

Chic Milw St

Paul &

10%

*33/8

13%

13%

23,100

:

25

97%

263/4

96%

800

3,300

251/4

'

1

961%

30

'

*5%

6%
'•■•;■ 6
21% >,22

■,

30

;

6'/a

*20 y2

-

6

*20%

1,700

21

6

:

; 21 %

29%

30%

1,200

297/o

:

30%

82%

30.;,

82 i/s

25,900
•

823/4

*

4%

4

9%-

9'/b

8%

4

*4

v

9

10%
8 1/2

8 J/2

6%

61/4

103/8

10%

10%

11

8%

153/4

161/4

15%

6 3/4

63/4

63/4

33/4 :

3%

*81/4 /

33/4

33/4

11

17,700
500

8%
: •'

16%

:■

2,900
1,600
1,700

7

3%

5%

6%

63/8

6%

213/4

23%

23%

245/s

U%

21%

400

1,600

10 3/4

22% :

10%

11

11

11 J/4

28

275/a

28 'A

27

27

6 '/'a

22%

*8%

7

3%

5%
213/0

105/«

:

9%

: 9%
10%

10 5/a

,300

4'/8

16%

10%
16

3%

*82

84
;

*3%

•;

Chicago & Northwest com—No par

Jan

*27

25

*96

^

27%

.27

25

971/4

53/4

V,

100

13%

7

3%

3 J/2

•;

12%

213/a

.

■■■■■

7'/4

13%

5%

vtc

1,400

12%

7%

3,300

20%

P vtc

preferred

12%

12%

73/4

18%

100

A

121/8

12

18%

No par

Series

12%

12

*7%

27

107/8

;

12

1,300
38,700

243/4

16 3/4

(The)

300

13%

183/a

8%

15%

9

871/4

13%

is Va

9 J/a

9

8%

*861/4

13%

24 y2

41/8

Chicago Corp

13

9% Jun 14

8 5/8

'

150

87

lttVa >:

*81%

11% Mar 30

18% Jan

13

Jun

40

L

A

4

;"■>;.:

13%

7%

*96

84

*3%

1113/4

*111

Ill

200

87

-

27

.

.

30%

84

com__No par

81/4

110%

.v.y.

10% Apr

Jun

3

17

111 RR Co

i

600

181/4

:s

21

30%

.

7,200

131/8

,

21

20

*83

■;/

13 J/4

20

preferred—100

86

133/4

12%

53/4

Chesapeake Corp of Virginia-——5
Chesapeake & Ohio Ry common__25

86
'

26%

23%
*95%

•8'/8

111

18 J/2

123/4

26%

No.par

135/s

<J'/4

xllO

112'A

18

-18'/a

12%

3%

13%

b'/4

96 J/2

18

5
„_1

Copper Corp

31/2

*31/4

'8 J/4

*7 Vs

73/4

9

13%

14

8'/a

pfd—100
—.100
Corp com_5

Sugar Co„

Pasco

Checker Cab

5% Jan

4% Jun

13% July

Dec

14

5% Jun 28

41% July
23% July

Apr

13%

11

12% Jun

15% July
9% Jun

4% Mar
30

Feb

7% Feb 24

12% July
22% July

Jan

13

Jun

9

14% May

Jan

13

8

July
17% July

Jan

7%

3% Jun

9'

Nov

6

12

v

103

"

4

140

*139

31%

*35%

,

38%

381/8

f

31%

*.14%

.

1

;/ 34%,

343/a
1023/4

:■•

140

*138

33%

•

73/4

73/4,

.■;

139

:v.

34

103

10,900

73/a

36% V

102%

33%
*102%

29%

31%

14%

383/b

•;r

102%

v

30

311/2

143/B

137%

38%

137%

*101%

3,000
190

29%

30'/a

31%

..;

—

7%

7%

7%

1011/0 :

30

*3

Feb

85

Sugar

Champion Paper & Fib com

34% Jan

Jan

45 V*

Dec

38%
*136

101%

,.

i't.- x7%

7 5/a

1021%

200

15
55

,;■■■

;i3

Chain

18

28 % Jan

Dec

*7%

*143/8
*54

7%

14%

143/4

_100

Certain-teed

8"% Jan

17% July 18

76%

35%"...

'.

141/2

*54

y

Shares

$ per share

.

55

14%

.,

7J%

31%

*31

No par

Cerro

25% Aug 18
97% Mar

Jun

31%

35%

„

Ry Co vtc

Central

6

15%
30

14%

No par
20

Century Ribbon Mills—

11

100%

Dec

29%

31

_100

preferred series B'vtc

Central

8% Mar 29

8

14% July 13

17%

25% Mar

; 28%

29

;

Central NY Pr Corp 3.40%
Central RR of New Jersey

20

28

6% July

.'24%
90

*1011/2

3ya

5%

20

9 % Feb

May

11

7%
102 Va

Central Hudson G & E Corpi_No par
Central 111 Light 4%% pfc—1100

9

79% May 24 /
1-2% Aug 29

Agulrre

Central of Ga

13

10% Jun
Dec

73/a

14%

No par

preferred

Corp common
preferred
:

Central

8

8 %'Sep
112
Sep

'6% Mai

Nov

7% Dec
18% Dec

55

7%

*101%

30

10

Central Foundry Co

7

17

104% Jan

May

Oct

6

Jun

3

Jun

7%

Jan

12% Jun

Jun

108

15

*54

'

102 J/2

100

common
—

1st preferred.

2nd

5%

11% Mar 14

7% May 31

38% July
8% Mar

Nov

1

*14%

55

the Week

Sept. 16

$ per share

for"

Sales

Friday

Thursday
Sept. 15

1,

'

13% Jun

100%

i

Co common

15%

*54

283/4

CLOSED

1
25
100

;

Celotex

Mar

EXCHANGE

50

series

.$ per share

*15

•"

7%

102

10

Corp

4.20%

STOCK

Celanese Corp of Amer com—No par

Apr

12%

17

'

97

Jun

Dec

General

Preferred

X114

34%

5.% Dec

&

7%

r

5

preferred 4%

(J I)

July

,

Feb

22%

Light.

preferred
Caterpillar Tractor

13

22%

6%

&

common

1%

13

102% Sep
32% Jan

23% Apr 22

Jun

140

...

1

_100
—Nopar

Wednesday
Sept. 14

,

,

14

55

Power

Carriers

Mar 12

100% Aug 29

14
*54

Clinch & Ohio Ry.

Corp

Sept. 13

Tuesday

Sept. IS
$ per share

10

Carpenter Steel Co

Aug 18

147% July

52%

(1093)

$ per share

Monday

Sept; 10 ;

$ per share

class A common— 1

A
Airlines Inc.!

26% Jan

9

CHRONICLE

RECORD

Saturday
t

Par

•:,>

preferred

Jan

f

Feb

22

$3

July

41%

Dec •>"'

130

Capital Admin

7

Nov

32

Dec

STOCK
f

'

■

19% May
43% Jan

28% Dec
Dec

15

50

Mar

STOCK

YORK

EXCHANGE

$ per share

Jun

110%

12 y8

;

12% Mar 23

8% Mar

30

NEW

Lowest

$ per share

$ per share

11

YORK

FINANCIAL

STOCKS

Highest

$ per share

&

6%
•

27,600
17,400
7,300
/*

33%

Dec

49% July

27

Jun

28'

36% Jan

-100

27'/a

27%

:27 J/4

28%

27%

23%

27%

26

Dec

40

May

21% Jun

14'

29% Mar 30

Chicago Pneumat Tool com__No par

263/a

26%

27%

27%

27%

27%

X26%

49% Mar

57

52%

52 J/2

*51J/2

52ya

511/2

51%

*50%

Chic Rock Is

30%

31%

x30%

31%

31

31%

31

31%

30s/8

31%

66

663/4

x85%

66

€6

67

66

66%

661/a

68%

12,500
3,600

11%

*11 J/4

11 y2

400

5%

preferred

"

Jun

49%Jun

28

Feb

42%

Sep

25% Jun

17

55% May
4
34% Jan 21

45% Jan
10
July

72%

Oct

56% Jun

14

74

15 %

Oct

10

25%

May 11

Jan

convertible preference

Conv

20

12% Feb

$3

4

& Pac

preferred

Lowest

Highest

$ per share

19% May
4% Apr

Feb

2% Nov

:

Highest

xl3

Jun

6

2% Jun 20

5 % Jan

Jan

Childs

7
7

Co

5% %

Oct

63 V* May

35

Jun

1

31

Feb

42

Jun

31

Jun

16

36

Jan

8

Chile

-65%

Jun

44 Ye Jun

14

58

Jan

7,

29%

Jun

26% Apr 25
97% Jan
4

32% Sep

16

105% Sep

7

50%

No.V

23%

Nov

19%

f.

Feb

90

Nov

36%
7%

>

Dec

Jan

80 *

Feb

69%

"

108%

27

Jun

6

19 % Sep
30% Jan

9

14

8

Aug 10

85

Mar

Feb

16

20% Jun

16

Jan

11

105

\

,

42% Jan
112% Jun

3
16

26% Aug 25
108

Aug 10

62% Jun 14

73

Feb

17

37

Aug 15

43

4%

Dec
Dec

35%

10% Aug 23
24% Jun 22

Jan

*

10%

Jan

-

36% May

3% July 11
15

21% Jun

...

July

133

92% May

Dec

July 19

71

147

Feb

-

42

"31

33

j

Gas &

3%

EXCHANGE

513/4

CLOSED

44 y4

*31

*

52%

't

'535/a

30%

30

*103%

-No par

25%

26

25%

25%

25%

55%

•

City Investing Co, common——
5
5 y2 % preferred—4
——100

.

5%

preferred

non-cum

28%

19

73%

-

29

43

33

*31

33

•:52%

53%

34,200

17,000

5,700

12

317/8

f

■

55%

19%

ii.0

25

24-y2

*120

170

Apr 26

70

*67

70

*67.

Cleve

55

7%

250

140

2,900
14,900

24 5/a;

.preferred—.4——u—100
Cleve & Pitts RR Co. 7 & gtd
50
5%

31

Aug

19

86

29

18%

',"19-,;:',:

29
*18%

*24%

25

"•

*120
*67

12

Clopay Corp—

26
107.

*106y8
•:

67%

*66

*38

39%

No par

113/4

1

293/4
n.- $.

30%

L

1

1

1

—

No par

-100
100

(The) common_No par
No par

156%

Jan

28

4%

cum

Sep

15

2nd

preferred

107
67%

*106%

-67 %

*66

*38

30%

*38

V

■

41%

10,300

111

: 170
1,300

253/4
107

~20

67

67
•38

11%

113/a

115/a

.115/8

x303/o

30%

30

30%

11%

Xlll/230

39%

11 %

,

.

'

30%

4%
4 y
24% •243/4

«:

*140%

preferred

25%

*106%

.

110%

25%

"

'

7%

'415/8

111%

25%

*66

67%

38%

11%

-•>66
""1

107

*106%

107

38%

stock

Cluett Peabody & Co com

9

*106%

.

/

42

*1103/4

25%

25-%-

500

70

41%

41%
111

1,300
:

169

*67

41%

1,400

19
25

170
70

*120

70

110 %

50

Clinton Industries Inc

5% Jan

41%

41%

2,600

77/a

*81%
j

*2^/4

25

,

7%

•

86

283/4

170

r.

1103/4 111
>25% .253/4

42%

111%'

1

Graph Bronze Co com_:

Special gtd 4 %

41%
*1103/4

.

No par

Climax Molybdenum—

82'%

25 5/a

283/4

*823/4

19%
•

*120

;!?%

7%

19%

19%

19

iai'l 24

170

"67

No par

$4.50 preferred-.:

19

2

»

.

103%

:54

253/4

^

323/fl

103%
<25%

104%

53%

29 .;».■■•

28%.

.

*120

—100

Cleve Elec Illuminating com
*

26

Feb;

500

133/8

*41%

25%

86

*823/4

86

28 3/4

;

23%

23%

7%

*82%

86

28%

.

73/4

7%

7%
"82%

No-par
5
Clark Equipment CoJ.
———20
C C C & St Louis Ry Co com—100
City Products Corp—
City Stores Co

Jan

30%

per share

'

15% Jan

141% Sep

Shares

527/s

-

104

56%

the Week

42

42

31V2

:

1$
'

for

Sales

Friday

•3%

523/b

315/8

563/a

400

♦13

13

t

*31

53%
1045/a

■

26 Va

56

553/8

54%

v

30%

1045/a.;

1,700

52

Sept. 16

/

share

3
•

1045/e

30%

1043/4

per

13
:

33

■

53 y«

29%

-:

-• ■

43

*31

1045/a

Sept. 15
$

3%.

43

33

■

52%

.;.

3Vb

3ye

44 y4

44

13

13

13

13

3%

3%
STOCK

$ per share

13

13

V

Thmsday

Sept. 14

$ per share

•*

*11

12

'

36% Mar *i

18% Mar;

'
\

$ per share

preferred

C I T Financial Corp_

9

47% May

Nov

'•

29% Jan

78% May

,

27%

i:

3

109

Jun

Dec

75%

5

17

25
,__25

:

,

—!

El$c com_„_8.50
4100
Cincinnati Milling Machine Co—10
4%

16

Apr

70

Apr

12%

'137

8% Apr
83

20% Jun

Jun

34%

23%
;

16

NOV

Nov

3

Cincinnati

26% Aug 18
56% Sep 13

July
Dec

43

111%

* Dec

39
.'■•

Jan

Oct

105

•

25

Jun

88

Jan

22%

-

176 ;

Jan

34%
105%

i

79% Jun

21 . May
38% Aug

,

July

11

6% Feb 25

Apr
Jun

33

27% Mar
rl76-

42% Jan

Jan

,

Feb

x20

48% July
>84%

<

-

27 r May

10

Dec

15 %

i

•

Dec

24%

i

,•

Jan

75%

i
•

101 % May

Co

Copper

$ per share

:

*50%

7,400

PRICES

;

*

.

52

*11

113/4

Wednesday

Sept. 13

100

Chrysler Corp

SALE

Tuesday

Sept. 12

10

preferred

60

Monday

—1

common

11%

HIGH

AND

Saturday

Chickasha Cotton Oil.

16% Jan 19

■'-.,

113/4

Sept. 10
Par

44%

I

LOW

STOCK

YORK

EXCHANGE

>■

,.

$ per share

per share

S per share

14%

A}

*11%

No par

STOCKS
NEW

Range Since Jan. J

Year 1948

•

100

series A

Chicago Yellow Cab—

Range for Previous
Lowest

'

No par

RR Co—No par

263/a

24

24

24

78%

*76%

24%

*140%

142
...

v

78

•,.:

.

\

V

140

xl40

4

24%

78%

;

160

78

v 160V

'*140

/

30V2

'4

4%

■

r

:

*77

142

;

243/4

24%

140

141%

■

*77

*77%

78

160

•

172

39%

'20

12 'A

8,500

30%

8,600

4

243/4

2,200
V

3,700
30

140
'

100

78

i
"

•"

1134%

Dec

60%

Dec

Jan

183

Xl24% Jun

13

172

Jun

60% Jan

6

64

Jan

5

1075

1

63%

'

1332

1332

July
45% Jan

July

1075

July 25
Jan

5

Coca-Cola Co
Class

62

A__———

Internat

Coca-Cola

39%

395/8

96

96

17% July

7% Jun

20%

Dec

32 Ys May

17% Jun

6

243/b Jan

20

Nov

31% May

16% Jun

22

23% Jan

10

12

13

13% Sep

16

Columbia

63

Sep

16
13

$4.25 cum preferred w w—No par
Columbian Carbon CO
,_&o par

14

Columbus

5

20%

x87

Dec

96

29% Feb

96% Sep

13

173/4 Jan

>:7

Mar 22

20% Sep

16

19

Nov

:

r

Feb

v

12%

Feb

22%

Oct

12% Jun

16

Feb

22%

Oct.

15

'16

9%

,

11

9%

403/8 Aug 18

8

17

89

Sep

-

.Apr

25% May
26% May

25

Jan

xl3% Feb

%

15

-

15

;

13

Jan

24

19% Jan

24

Jan

7

Jun

6

10

12

Dec

18%

Jun

7% Jun

Nov

18% July

8% Jun

15

13% Jan

8

7

IP/4 Jan

10

Dec

14%

Jun

9% Jun

7

7% Feb

10

Apr

10%

Feb

7%

Sep

13% May

Dec

78 %

Jun

48% Mar

Dec

37 %

Apr

26% Jun

13

32 y* Jan

18% Jun

29

22% Sep

49

28%

2

10

—

Combustion

18%
36%

Jan

90.

28% Jun

Feb
Jan

X16

2%

Nov

53% July
104
:

July

29% May

:f.

Feb

\3% Oct

21% Feb 11

26% May 13

Elec

Ohio

So

Sr

Co

Inc

.I—No par

•:

55% Sep

14

12

102% Sep

16

13% Jun 22

17% Jan

7

3

5 V* Sep

14

Commonw'lth & South com

15

$6 preferred series^
Commonwealth Edison Co

3

Jan

107% Sep

3

; 37% Dec
19

Dec

10%

-

»"■

Dec

8%

Dec

7%

tieC

Jun

Jan

29%

Sep

15% May
15% July

•

Nov

29%

>

12%
51

16% Mar
35%

-

Jun

8

Feb

23

38% Jun

13
11'/4 Feb 23
10

Jun

14

7% Jun 16
Juii

6

30 V2 Apr

27

8

20% July 26

Sep

106%

Dec

103'/2 Apr
105% Apr

D<#

42%

Jan

98% July
100
-

33%

"90'

Oct

.

;

Oct

8%

Nov

Re-all

Consolidated

Tejotle

12% Apr
38

May

13
4

31% Sep

15
Aug 29
14

$4.52

100% Sep

9

15% Sep

13

96

6

May
July

30% Jun

99

Jun

15

/•

13% May

6% Jun

2

64%

49% Mar
-lit

ut-

Oct

■>',




95

*

*

ree

Stores
Co

563/4 Feb-24

Aug 25
363/4 Mar 30
102% Aug 16
9% Jan
7
65% Sep

14

11%

,_10c

203/4

20%

203/4

20%

20%

203/a

20%

2,200

11%

113/8

11%

11%

115/8

62,900

7,800

12%

123/8

63

63

30%

30%

2,200

22

22

22%

6,600

64

*61

31

31

;;215/8

21%

22

22-

22%

21%

*6i

:

31

12%

12%

125/8
64

62%

9,100

'

.

100

54

;53%

-

102

Tn'ViTCf—

3%

3

26%

26%

108

27%

5%

107%

273/4

28 Va

T

163/a

5,500

5%

5%

408,300

107 J/2

28,900

■'■•273/4

i5%
106 y«

28

5,800
1,240

28'A

16%

/;■'*

•■-■■;■.

'

914

-9%

93/a

9%

9%

27%

273/4

273/4

28%

28%

27%
303/4

*29%

30%

*29%

30J/2

*29%
3%

3%

31

16,000
■'■•

1,200

1,700
-

300

3Vs

3%

3%

3%

2,700

26%

3%
27

26%

-•

;

28%

"O

q

27

-

2,700

55

26 5/8

26 %

263/8

40,700

1083/a

1,800

108

108%

J

108

V

*108

12%

xl2»/8

12%

*12%

12%

*12%

12%

12%;

123/4

8C0

10%

10%

11

*10%

11

*103/4

11

*103/4

10%

41

40%

41%

41%

42

41%

42

400
*7,700

16%

■17%

16%

163/4

11%

12%

-

•

108

f

108

a

41 %

•41%

,

16

...7%

16

7%

12
V:;

7%

12
8

*163/4
«

"

■ra

*16%

12
8

.'

17

*113/4

T7

12
*7%'

12

"7%
\0%

73/4

> 73/8

103/a

10%

8

103/a

1,400
800

2,400
,10,100

10%

103/8

10%

10%

10%

10%

31%

31%

3l3/4

31%

32

32

32%

32%

32%

323/4

2,400

30%

30%

30%

30%

303/»

30%

303/8

31%

311/4

62,900

110%

110%

110 V8

110%

110S/8

110%

31%
1103/8

110%

110%

109%

109%

*1083/4

109 «/2

363/4

109%
36%

109%

36%!

20

Nopar

Continental

30%

30%

*11% -12 :
I.

Fibres
..

5

—-—10

■"■

108% ■108%:•■*«

*

35%

*100
-

15%
*94

—

.

Diamond

27

27%

7:

257/8
102 J/4

107%

16%

5%

106%

105%

55

107%

403/4

l_No par
.—.—Nopar

Continental

28%
:».

'25%
102

102

1

Can Inc.common-

preferred

...

"

5%

-

-55%

102

16%

"16%

16%

V

5Vb

105 5/a

^

255/8

343/4

55%
102%

'

*

preierre'd

16%
/

25%

25%

55%

102%

-

54%
102 %

163/e

10%

25%

25

24%

24%
101%

12%

distributed"

Corp of America com—20
4% preferred
100
Continental Baking Co com—Nopar
$5.50 preferreo
:_No par
$3.75

20%

No par

Aircraft

Co com

"when

preferi en

Continental

10%

30%

*60

*10

;;
19%

20 5/o

12%

12%

12%

*10

1,500

107%

Inc——1

Inc

Container

5

Sep

$4:50

22

3

40

Common

371/2 Jan

Jan

20%

11%

15%

*103/4

r__i,

Consumers Po^er

109% Sep

1*7
Jun ii

20%

20

"

Grocers

Consolidated'

20 '

13% Jan

93

preferred

Consolidated

111

:

Nov

92

Consolidated

7

92%

84% Mar
29%

7
-8

9% Jan

85

99 % May

$5

30

12% Mar

5

17 3/a July

:

10% Mar

No par

J'

1

27%

21% Jan

July 15

461/4 Mar

20%

19%
11%

■

No par

Congoleum-Nairn Inc.

27

27% Jun

106 % May

L

Nopar
Corp—1.33%
Consolidated Laundries Corp——5
Consolidated ffatural Gas
*__15
Consol RR ui Cuba 6^ pfd
.100

11

19%

R3/4

26

-

130

27%

Coppermines Corp—5

Dec

11

pa/4

Consol Edison Of N Y com—No par

-8%

10%

273/4

Consolidated

8'

10%

P 5/q

21

9

>

275/8

27

141/4 Jan

10

_23

14

108 % Aug

340

10

Nopar

25
14

11

Conde Nast Publishing Inc—No par

2% Jun

Jun

ib 3/4

5%

21% Feb

Apr ' 6

103/4

104%

May

11

10%

5%

6% May
25% July

xl06

11

104 y2

Cigar

Jun

10%

5%

Consolidated

t>ec

<

1035/s

12

xl8%

10%

No par

30% Sep
43/8 Jan

-108%

690

10%

305/a

16%

—No par

Solvents-

11

^

10%

30%

53%
101

-25% Feb

Feb

16 3/4

10%

153/b,

15%

30%

24%

-100

preferred

Commercial

K

1

Mar

16%

9%

*4

Feb

11% Mar

8,900

147/a

16%

12%

30

21.

'2,700

15

62%

30

103%

1,600

207/a

9%

12%

243/4 Jun

Sep. 13

15%

"20 5/a

10

30

36% July
32

143/4

20%

16%

*60'/a

•

7

-

15%

20%
143/4

s

3
3

<

96 *

15%

16%

11%

7% Jun

Sep

95%

15%
20%
153/4

19%

89% Jan

Dec

210

96

96

15%

•• •

10%

18%

25% Jan

4

2,300

16%

/

Apr

x24%
*

*94%

393/4

10

11

11% May
,

-39%

163/4

18%

19

29% May

Dec

393/a

10%

*9%

Dec

27%

39%

10%

14%

9%

*10

Nov

28% Sep 16
10 % Aug 22

430

,

*1300

"

25

106

5,500

I

16%

143/4

16%

9%

8% Dec

;

615/8

10

14%

90
v

170

20%

15%
20%

i6

F';

common——10

Commercial Credit

25

Jan

3.60%

15

20

61%

393/4

'

*95%

96%

96%

..

14%
20

168

62

6i%
*1325

.

39

39%

-

:

Ehgineering

Superheater

46 % Feb
95

*1240

193/4

common—No par

Pictures

39%

62

61E/a

14%

—

•

>;

62

*1240:/;

Colgate-Palmolive-Peet com„Nopar
$3.50 preferred
—_*—_No par
Collins & Aikiuan Corp
-No par
Colonial Mills Inc
1
——20
Colo Fuel & Iron Corp com—No par
5%
conv
preferred——1
»20
Colorado & Southern Ry com—100
4% non-cum 1st preferred
100
4% non-cum 2nd preferred—-100
Columbia Broad Sys Inc cl A—2.50
Class B
—2.50
Columbia Gas System Inc—No par

31
'

:
1

161

61%

62%

*1210

No par

Corp

159

1583/4
•

-

-

33%

*101%
7

63%

36%

,

J'
:

1003/4

1003/4

■15%

15%

155/a

94

96

^04

333/4

33

34

33%
•*100%

>

37

*100%

109

37%

37

37

270

2,600

101

40

15%
r

14%

15%

15

15

4,100

95

94%

94%

94%

94 J/2

200

34 y8

10,400

34%

102

*100%

7

7%

7%

7%

7%

63%

•64%

65%

65%

63%

630
•

1083/4

101 '

*100%

102

^

'

37

xl5

95

1003/4

110

102

33%

101

-

34%

,*100%

333/4

*101

102

*101

102 %

7

7

*7

7%

64%

643/4

633/4

64%

1,400

THE

(1094)

'

Range for Previous
Range Since Jan. 1

Year194X
Lowest

Lowest

Highest

$ per share

$ per

COMMERCIAL

YORK

Continental Motors

Jun

5% Jun

14

Jun

47% Feb

11

65

Sep

13

Continental

Oil

Apr

11% Jun

14

15% ./an

3

Continental

Steel

19% Jun

28

23% Sep

13

x49% Mar

9

Feb

21%
60%

Not

15%

Jun
Jun

20
4

Jun

13

9%

Nov
•

12% Feb

13

12

49% Jan

Oct

42% Mar

Jun

7

62

49% Mar

18

Not

20

Apr

26

88

Not

97% July

94

Jan

10

86

Oct

98

92% Jan

3

58%

Deo

66% Mar

Jan

6

164%

3%

July
Mar

177

Oct

5%

Dec

8%

Jun

96

13

Jan

3%%

42% Apr

36% Jan

3

20

Jun

14

28

94

Mar 17

101

90

May 24
14

88

15%

Deo

Feb

Dec

61

Cuba

7
24

Jun

13

73

10% Jun

14

28

Feb

16

4% Feb

14

43% Jun 28
7% Jan
3
18% Jun

14

Mar 14

133

July

8% Mar 29
Jan

1

19% Sep

1

7

4
7

24% Jan
137

Prior

Aug 18

9% Apr
Jan

Jun

13

94%

Jun

87

Jan

4

96

Jan

11% July

5

14

Jan

14%

Deo

17%

Jan

15

Jan

13

xl6% Mar

8

22

Sep

3

31

May 12

4

18%

Feb
Feb

28% July
31% Aug

82%

Not

94

Jun

92

Sep
8% Not

94

Jun

92% Jan

11

99

Sep

Jan

7% Jun

30

10% Jan

8

Sep

13%

Jan

Deo

42

JUIK
46% Jan

38% Jan

Feb

4% May 31
Jun 14

13% July

7

■■

14%

28%

7,900

993/4/

993/4

100%

*99%

IOOV2

11%

11%

11%

*11%

113/8

600

26%

40%

>;,

•

*■

263/8

*26%

26 3%

26%

26%

1,000

15%

yy, 26%
100%

95

15Ve'-'
40

40

27
100

*93%

'

15%

14%

14"%

14%

15%

9,300

40%

*39

'

•

27%

27%;;:

40%

28

*100

100 %

•

200

27

100%

95

95

173/4

18

17%

17%

17%

17%

5,100

61

CO

61

60

59%

59%
223/4

*58%

59%

1,200

X60

*22%
16

*22%

22%

16%

*160

180

223/4

22%

16%

16%

*160

*95

97

*95

223/4

*22%

*

xl4%

;■>.'(

180

14%

*160

143/8

180

7%

7%

7%

7%

73/4

7%

7%

68%

*65%

68%

65 3%

65%

*65%

67%

12%

12%

12%

12%

12%

12%

21%

x21%

213/4

213/4

22 ;

213/4

21%

6%

7%

X128

128%

■

48%

*473%

7%

7%

73/4

7%

:

20

20

20

*132

135

135

22

22

.•:v: 21%

213/4

213%

283/4

29%

28%

100

98

98

98

98

160

*98

series A

Inc

10%

IO5/8

*Oo

—

7

113/S

9,200
60

1.800

73/4

7%

17,200

;

20

20:

20 %

*132

21%

11

11

•95

95

*12%

22

213%

213%

:

29'A

28%

28%

10

21%

->12%

*153%

13%
16%

11

63/4

1,100

11

3,300
10

95%

*95

*

1,500

135

*21%

13%

*16

1

17

*

1
—

213/4

213%

2,400

28%

293%

9,300

98

*97=/a

98%

975%

975%

♦98%

99%

*98%

99%

*98%

99%

8%
6%

8%

'

*16

7

48%

13

113/8
?

1,000

128

16%

*12%

800

1,100

21%

6%

135

21%

2,200
1
,

*473/4

7%

*132

7%
12%

*127

95%

11%
*943/4
'

6%

60

6,100

68

99%

*98

8 3/e

7

21%

11

99%

*8%

ftOo

20%

7%
*65%

128
48%

20

20,/fk_v20%
*132

283/4

20%

34

*47%
V73/4

' .7

....

14%
180

'1*12%
:*2i%

12%*
213/4

128

483/4

134

*19%
134

6

7

6%

128

48%

49

7%

:■

128

127

48%

*

6%

6%

6%
127

-

22 %

14%
*160

7%

100

series B

20

97

22%

l43/8
180

*160

*12

21%

3.75%

210

100%

18%

28 5/8

3.75%

400
4,800

27

100%

95

21

Rubber Co

'/y

40%

:

■

26%

100%

17%

17%

16%

Preferred

*40

40%

27

101

*16

8 3/6

83/e

*83%

83%

8%

98

7

8%

;

-

470

1,100
6,200

6 3%

6%

7%

1

24%

24%

23%

233%

23%

233%

No par

37%

37s/8

37%

383/s

38

383%

37%

38

38

38

*36

36'/a

36%

36%

36

36

36

36%

35%

35%

100

*283/8

29

29

29%

29%

29%

29%

29%

29 B%

295%

800

80

6%

65/8

65/e

6%

63/4

6 5%

6 3%

6%

6%

5,600

Light Co—13.60

21%

21%

21%

213/a

21

J/4

21%

21%

21%

21%

Deep Rock Oil Corp.—

Mar 29

36% Sep

15

40% Jan

21

9% Jan

7

common—

preferred

20

Delaware 8c Hudson
Lack

*3%

4

13/4

*99%

16%

Delaware

2

*11%

*16

Deere

Western

5c

19

Jun 20

22

39% July

19

Jun 18

27% Jan

7

68

34% Jun

14

50% Jan

24

Apr

July
21% May

Jan

3

23 % Sep

16

Detroit Edison

66

Deo

60%

58

Jan

10

Deo

13% May

9% Jan

7

Detroit-Michigan Stove Co

26%

15

24% Mar

2

Detroit

-

.

Detroit Hillsdale & S W RR Co_100

>8%

50
Jun
7
4% Jun 29

Sep 16

26%

14%

400

12%

13

13

26 %

200

1%

283/4

95

12

13

26%

4

1%

*11%

7%

•.

80

28%

*94%

Co

*185%- 187

187%

*3%

y

4,200

1%

12%

Records

130

63%

28%

95

8c

63

29%

*13/4

*11%

Decca

1,900

99%
102%

*65%

n-

pfd

Inc

Preferred

*

243/s

X99%
*101

63%

186

3%

x24

.

110

800
410

283/4

1%
29

*943/4

Dayton

243/4

1,600

;

55

55

102%

623/4

18°

1

100%

*99 %
*101

63%

3%

4

24%

101

102%

*

No par
*

common

Jan

Jun

25

25

V 55

55

-

10

preferred

383/b Sep

5% Jun

26

14

9% Jan
29

55%

*99%

11%

100

60

ft

13

17

30% Jun
31

34% May
50% Jun

7%

Jan

8%

20%

7

15%

26% Jan

8%

8%

*

Davega Stores Corp common
2 JO
5% conv preferred
20
Davison Chemical Corp (Tha)
1
Dayton Pwr 8c Light common—
7

2

24%

.8%

No par

98% Aug 18

24

17% May

8%

Dana Corp common----—.——,—!
3%% pfd series A
100

Aug 18

20%

1.400

14%
493/4

^lftft

common

.Class

15% Mar 18

9

Oct

Deo

*3%

3%

17%

100

Inc

Cutler-Hammer

11%

14%
49%

*101

100%

*93%

100

Cushman's Sons Inc 1%

7

13%

pfd

non-cum

Curtiss-Wrlght

21

26% Jan

Press

10%

'

14%
51

♦lB^o

11%

26%

Cunningham Drug Stores Inc—2J50
Curtis Publishing com
No par
$7 preferred
.-No pox

19

Jan

50%

Cuneo

8

7% Jan
129

6%

preferred

Cudahy Packing Co
4%& preferred

27

23% Aug

RR

1%

6

10%

*14%
*493/4

190%

*99%

100

Cuban-American Sugar common—10

13

May

13% Feb

24

Jun

109

x31% May

Apr 21

16% Sep
160

$4 2nd preferred

,

10%

14%

51%

63%

11%

40

ft

Mo par
No par

31

July

60

12% July
28% Sep

29% Feb

1

com

preferred

Crucible Steel of Amer com_No par
5% conv preferred
100

;

10%

63%

"ji4%

2JJ«

com

Corp

120

55%

y

26%

No pax

Zellerbach

7,900

63
Si

188

3%

22%
53%

1 102%

62%

188

22%
53%

*101

102%

62%

loi

*99%

223/4

53%

8%

25%

24%

25%

100

500

x22 %

X53 %

-

preferred

$4.20

25%
100

12.200

10,900

23%

1

55%

11%

7

May 6
5% Jun 27

Aug
May

137

Cork & Seal

Crown

86

8%

,

*101

6%
63%

14%

8%

55

55

5%
63%

10%

50

8%

8%

55

99%

4

30

Shares

*12% '12%

*493/4

14%
■

1%

Jan

12% Feb

July

150

47%

$2

14

Aug 31

14
50

*8 %

America.

of

13%
50

28%

Jan

13% July

122%

13

Sep

for

the Week

54%

23

10%

10%

10%

13%
50

1%

96

160

17% May
24% Jan

31% Deo

*10%

f

23%

28%

24

13% May

Deo

27

CLOSED

53/4

54

*1%

72% Jan 24

21

Jan

Dec

.

Sales

16

*53%

22
54

P

27%

55% Jun

Jun

11%

84

21%
54%

ZB

15% Jun

17% Aug

Feb

21%
*53%

preferred-

Creameries
Crown

34

Jan

STOCK
EXCHANGE

1

7

/ 67%

18%

12 %

1

19% Jan

177

21% Mar

12%

5%

5%

,

2ft

18

78% Jun

4% Feb

12%

1

common

Jun

28% Jun

133

Co

14

Dec

Feb

12%

100

Dec

Deo

7

Crane

11 % Aug 26

Jun

.

$ per share

5%
64%

13

Cream of Wheat Corp (The).

95

Feb

63%

12%

*

preferred
Inc

1

20%

Apr
Deo

643/s

12%

10

Refining com

27% Aug

46% Mar

Deo

64

12%

common

Feb-., 7

103% July
129
Jun

65% Deo

5%

65

Coty
Coty International Corp

100% Aug 18

3

Products

7%

Sep

4% May

34%

Feb

7%

Co

pref 5% series

26% May

Dec

91%

8% Jan

5%

64%

No par
No pax

23

24%

Deo

23%

Corn

2% Jan

98%

36%

9

32% Jan

1% Jun

17% Not

12%

189

21 % Jun

Mar

x21

Aug 29

64% May

6

5%
.64%

Exchange Bank & Tr Co—30
Corning Glass Works common
ft
3% %
preferred
ICO
Cum pfd 3%%
ser of 1947
100

26 % July 19

13

Feb

Jun

com

Co

Steel

Convertible

14

101 % Sep

13
Jun 27

3%
89%

Deo

Copperweld

15

5%

Corn

100

Sept

63%

Cornell Dubilier Electric Corp

3% Mar 25

Jan

Dec

92% Sep

25

171% Jan

Feb

1%
29

165

57

Corp

11% Jan :: 7

3

Friday

Sept. 15
$ per share

$ per share

share

14
_5

Corp

55% Sep

13

67% July
23% Oct

Feb

60

Copper Range

6

Feb

$ per

8

Delaware

$3 prior preferred

17

19% Jan

$ per share

Sept. 14

1

of

Cooper-Bessemer

55% May 13

51% July 19

July

65

Sept. 13

$ per share

Thursday

Wednesday

Tuesday

'

7

10%
69%

19%

Monday
Sept. IV

PRICES

SALE

HIGH

AND

Saturday
Par

Feb
Max

14

Monday, September 19, 1949

Sept. 10

$ per share
b% Jan

CHRONICLE

LOW

STOCK

EXCHANGE

Feo

6

46%

FINANCIAL

STOCKS

NEW

Highest

$ per share

share

&

Delaware Power 8c

X6%

24

i

24

6%

24

*23

,

7

800

5.900

1,900

22

3,900

Denver & Rio Grande West BR

14%

Feb

82% Mar
20

22% Mar

20

Jan
Oct

14

Jun

11% Jun 20

13

Escrow

Steel

Dec

16%

Jan

Mar 29

De

19%

Dec

28%

Jun

16% Jun

13

22

Jan

26

Devoe 8c

46

Jun

32% Jun

22

40

Jan

7

Diamond

f 39 % July .1

45.% Feb

1

14

13

11

Deo

48% July
19% May

13

Mar

xl9% May

Feb

38

9 % Jun
6 % Jun

'V*

13

12% Apr
7% Sep

12% Jun

13

16% Aug 18

y

Range for Previous

V)

Year 104S

/

Lowest

.

'

6%

$ per share

$ per share

Deo

20%

Oct

93% Feb

24

17

Jan

8

NOV

41

Jun

24% Feb

14

30

Jan

18

48% Deo

56

Apr

45% Jun

13

53

Apr

Deo

23

10

29

Feb

Jan

10
25

Jun

40

Jun

12

31

11

11%

STOCKS

,

;.t

Pepper Co

73%

2,500

16%

12,200

LOW

Saturday
Par

50%

503/4

50

50%

10%

105/8

103/4

103/4

11

30

30

30

30%

$4 preferred series A
$3.25

4

Dresser

STOCK

Corp

124%

jun

99%

Jun

111% AUg
10% Deo

18

116

•

Jun

15%

Feb

28

97% Jan

3

119
....

112

Jun

20

9% Jun 13/

Jan

Dee

25% May

15% Jun 14

13%

Oct
Dm

20% May
19% Not

13

18

12%

Dee

22%

88%

Feb

46% May

167

175

Sep
80% Dee
14

82

Dm
dm

6%

38% Jun
164

Jan

13
5

21% Jun

7

14% Apr

13

92%

Mar

10%

14

33% Dee
19% May

Dee

92

Jan
Jun

Jun

7% July 11
7% Jun 14

Jun

88

Jan

13

Jan

10% Feb

4

Jan

95

July 25

16%
106

Jan

8%

Jun

6

Jun

1

53% Sep

14

preferred

12% Jan

10

20% Mar 30

94

14

Aug 12
Apr
6

101

2

May
7% Apr

7

1

66

Jun

33% Apr 29

43

11

16%

Oct

12% Feb 25

15% Apr 14
36
Aug 19

Feb

82% Feb

87%

1% Not
•>48% Dee

12% Deo
19% Not

Jun

2% May,
66% Jan
:

17

Jan

32% Mar 18
1 % Jun

34% Jun
10% Jun

13

7
2

41%

27%

Jun

17% Jun

13

dm

X55

74%

jun

48

15

Dm

49

Oct

42% Jan 14
23% Aug
2
8% Jun 14

»% Feb
0% Mar

20% July
16% Deo

12% Jan
29% Dee

16% Aug
84
Jan

97

Feb

4%

Jan

9% Feb

•0%

Feb

69

Sep

4

Dm

104

Jun

6%

Not

Jun

12% jun

17

14% Jan

6

x29% Jun

16

100% Jan 24
4% Jun

6

16% July

9 %Jun

13

65% July
68% Apr

48% Jun

1

9

55

Jan

9% Dee
7% Mar

20% May
11% Jan

94% Dm
8% Dec

49% May
7% Mar

For footnotes

mm-

6% Jun

25
13

6% Jun 28
36

page 26.




July 12

3% Feb

Jan

3 „Jun

4
15

17%

17%

59

59

59%

1,800

48 5/8

48 3/4

49%

49 %

9,300

107%

107%

*107%

109%

No par
ftOo

106%

106%

17%

18%

Jan

2 % Jan

51

.

Jan

7

18%

18%

18%

Xl8

12%

123/4

12%

13

7

9% Aug 12
48% Sep 16
5% Apr * 6

133/a

19,500

523/4

49,000

122%

600

102

600

114%

*113%

114

114

114

114

114

53%

10%

193%

193%

19%

19%

14 5/a

14%

143%

145/8-

8"%" ; 8%
9% v 95%

*8%

*10%

9%

/'

r-

9%'

♦183%
263%

163%

*163%

17

933/a

*92%

93%;;;

11

11

*95%

97%

43%

423%'

185

185

933%

*92%

94

11%

113/8

11%

*95%

97%

26%
16%

*92%
-

26
*i6

97%

6%

6%

39%

40%
143%
353%

1%

1%

1%

l3/8

1%

40%

40%

41%

43%

42%

43%

63%

:

63%

40

14%

*35

/•'/

6 3%

40%

14%

X40
14

,/

36%

*35

39%

/;

143%
35%

*35

'

:

41%

11%

12

12

12 '

12

12

lft

213/4

21%

22%

223%

223%

23%

X21%

22

JO

*57%

59%

593%

60

60%

60%

*57%

603%

-Jt

*45'%

*45%

; 47

*45%

3
;

Bldg

preferred series

Erie 8c Pittsburgh RR Co
Eureka Williams Corp
Evans Products Co
_

Exchange Buffet Corp

47

93%

ft

143%

10

32'/a
103

*55/8

32%

50%

50%

*57%
4

7%
85/8
46

47

25%

25%

10%

10%

153%

153%

143%

15%

*33/8

*102%
v

16%

32%
104

,

•;y

32%
104

'■

16%

•

32%
104

55%

53%
103/a

10%

103%

503%

>; 49%

50'%

50%
4%

4

17

10%
*57'%

9

vy 15%

7'%
8%"

*45%
*33%

60

•y

5%;

♦57%-

4%

4%

73%
;

8%

45%

46%

9

4

.

..

7%

3%

5%y

60

4%

7%
9

473%
3%:.,

163%
x32
*102

5%

:

7%

83%

83%

•

-> y:

60%

v,o7

*:'•

■■

2,100
8,500
'

17

1,200

32

2,200
70

103

5%

4%

400

5,70C

y;

800

10%

50

800

V ; 3,700

22

5%

*57%

/;

4%

♦7'%

"Y

12
i

10'%

;

-

60

31%

♦102

50%

'4%

1,800

15%

103%

50%

ioo

7,200

10%

y i6%

5%

3,700

y

40% -41

,47

■

1,100

1%

is

32

10%
*57%

35%

f

3,400

; 25%

-

105
z

V>

1%

10%

16%

1

.

14%

^25%

25%
10%

•

39%

,*59
*45%

47

2,600
-

;

7

39%

yy ./.; 22;;;

10

—

97%

n%

,

*45

4

73%

12

x25%

60

46%

12

10%

32%

104

53%

:

25%

16%

165/8

10'%

•./-

15

14%,.

10

:

25

10
'

16 %

■v

xlO

25%'

25

A

Endicott Johnson Corp common—2ft
4% preferred
100
common

/

1,300

,

•"

11%

.*35
■

2,800
^

93%

14

13%

X41%

'

*6 3%
,

353%

1%

■

70

16 %

*95'%
■

5,600

26%

11%

39%14 ."-I,;

13%
>■

:
t

2,600

.

187

16%

.*92

97%
6%

65/8

6%
40

./."'

;

11%

*95%

600

9%

26%

.

9,900

43 %

187

267/?
16%

3,300

.

9

9%

.

185

26%

11%

14 5/a

42%

9%.

16%

■

19%

14%

43%

425%

185

184

26%

1%

Gas

'19%

400

10%

;8% ';

8%'

..;9%

43%

40

10%

'

353/4

-lft

*122

10%

14%

No pax

52%

523/4

*10%

*92%

;

52

1013/4

26%

10%

ft

Electric Mfg Co
Radio 8c Phonograph

Corp.

400

;

122%

183%

*95%

,1

preferred.

Office

83

102

43'%

100

preference

Ex-Cell-O

18 3/4

13%

102

43'%

2JO

common

Eversharp Inc

*173/4

122%

16%

10ft

Empire District Electric Co

5%

*79

18

13%

102%

253/4

common

Emerson

6

83

12%

122

52%
122

183%

Convertible preferred

RR

8 3%

9% ;v: 9% -

preferred

Equitable

6,600

*102

42%

4%% preferred
Elastic Stop Nut Co
Electric Auto-Lite (The)
Electric Boat common.

Erie

14%

83/4

Manufacturing Co

Natural

19%

14%

.10

preferred

17% May 26
33% Mar 25

31

53%

8%

Paso

1,200

18%

1223/4

145%

5%

106%

18%

102

19%

16% Mar 31

Jan

52%

*8%

Emerson

100

106%

102

"

19

i

Inc.

Edison Bros Stores Inc common—.1

El

110

122%

14%

28

4% Jan

52%

19

Feb

61% Jan 24

*79

4,500
21,400

''

515/a

.lft

Co

Electrlc Storage Battery
Elgin National Watch Co

5"% Aug 17
14% Jan 21

83

10%;

1st pfd

10

13

*79

*107

18%

*79

18%

12%

10%

May 18

10% Jan

83

18%

10%

29

68

83

11%

*10%

47

Jan

*79

*113%

conv

106

18%

*18

114%

5%%

104

18 5/a

114%

Elliott Co

106

107%

18 %

33

48%

HO

1

Elec 8c Mus Ind Amer sharea.

7

106%

100
ft

14

*107

18%

102

14

48%

48%

49=Yb
110

107%

18%

123

23% Sep
60% Sep

13% Jan

107

48%
*107

100

12

13% Mar 24

48

9

Products Co

32 %

18

58%

*101%

4%%

32%

17%

60%

*122

Ekco

31%

5/a

175/a

No pax

Eaton

10

31

No pax

6%

16

11

17

series

7

10

11

60%

series.

13% Jan

Jan

11

700

30 3/4

$4.50

Eastern

18

500

*49

17ya

Eastern Corp common.
Eastern Stainless Steel Corp.
Eastman Kodak Co common.

Sep
32% Jan

105/8

51

& Co—

7

187

550

50

61

$3.50

Airlines

800

50%

50

163/4

Preferred

Kagle-Plcher

.

11%

29%

60%

60

Preferred

Duquesne Light 5%
D W Q Cigar Corp

■

Shares

11%
29%

173/8

CLOSED

No pax

16% Mar 29

47% Mar 29

50

.

$ per share

11%
29

60%

_

Corp

13% Jan

89% Nor
*

common

(E I)

11%
*28 5/a

%

preferred

conv

11%
29%

for

the Week

No pax

common

International

EXCHANGE

$ per share

11%

Sales

Friday

Sept. 16

17%

Common

123% July

5
102% Aug 26
115% Jan 12

ft

Sept. 15

*28%

11%

¥

Thursday

$ per share

29%

12

Fob

$ per share

11%

21

Jan

;

'

PRICES

Wednesday
r;
Sept. 14

29%

107% Sep

3%%

SALE

11%

108 % Jan

43% Jun 14

.

$'per share-'

H*GH

29%

Apr 29
101% Apr 22

94

"

$ per share

AND

/.Tuesday
V Sept. 18

11%

101

113%

,

f>ViMonday
#Sept. Jtt.

,

*28 3/4

No par

Du Pont de Nem

/

;.

Sept. 10

Oct

Duplan

700

11

75%

Jun

Dunhill

11

163%

1068%

16

10%
7%

106%

21

10%

163%

Feb

133/e Sep

11

7%

Feb

19% July 26

41

16%

97

86% Jan

40%

7%

90

13

42%

16%

Dow

8% Jun

41%

73/4

50 V4 Jan

Apr 27
11% Mar 8

1,600

43

2,100
1,100

16%

43

80

19%

36'A

7%

Oct

July
May
May

19%
34%

16%

50%

18

19

37%

7%

82% Feb

98

1,100

19

36'%

16%

No par
11

20

12%

19%

37%

7%

No par

Deo

500

16%

Douglas Aircraft

Deo

2,000

19%

No par
No par

A

Industries

20

6%
19

37%

1

Co

6%

7%:

:-Jr

r.nnp

2nd

2,100

55

16%

V

•

Dixie Cup Co common

Chemical

4,200

11,600

ft

STOCK

YORK

:g i..EXCHANGE

Doehler-Jarvis

24

KOo

Dome Mines Ltd

Jan

11

123%

12%

*10%

—ft

18®%

19

*42 3/4

Car Co

6%

6%

*12%

43

18
Sep 15
63% Mar 31

12 %

12%

12%

.

6%
*18%

43

33

13

*12'%

12%

6%
19

42%

1

83

12%

12%

6%
18%

42=/s

7

24 % May

*18'%

6%
18%

—2ft

3

17% July 28

6%
18%

*6 J/8

19

12% Jan

31% Jun

*52

*50

37%

48% Feb

xl8% Nov

52

55

18%

Feb

Apr 29

52

*50

37 J/4

Apr

21

53

55

18 3/8

Corp

Dr.

24

23%

37%

T Motor

26
14% Mar 29
Jan

43

23

18 5/s

19

July

43

23

*36%

67%

47

233%

42%

22%

*18

■

NOV

11% Nov

,

23%

42

23

12J0

Stores

Class

23%

43%

22%

No pax

■

THvc.n

24%

42%

22 5/a

*50

1

tper share

18%

23%

433/4

22%

preferred—

NEW

25

243/a

43%

22%

,

-1

Distill Corp-Seagrams Ltd

•;

233/s

42%
22 3/4

common

Match

Diamond
Diana

23%

42%

23%

1

20

Raynolds class A

,-vy,'
;

Mil

....

Corp

partlc

Range Since Jan. 1

Highest

100

com—

Vilbiss Co

i-v'

y.

/Lowest

Highest

'■$ per share

5

for

fair pM

11

35% Mar

,

ctfs

,,

9,000

.50

1,300

60

-

4%

•

,

3,500

■

47%

48

*3%

—4

",7%

7%

8 5/a

:

48'%

,

83%

47%

•^>3%

-•4

•-

•

1,700
2,800

>

3,200
100

THE

Number 4839

Volume 170

COMMERCIAL

NEW
Range for Previous
Range Since Jan. 1

Highest

$ per share

37

54%

Apr

13

41% Jan

7

Feb

28

25% May
39% Aug

3

Fairbanks Morse & Co
Fajardo Sugar Co

15

5

FaLstaff

35 V*

•

1

16-

Mar

5

14"% Aug 10
7% Jan ; 7

;

Dec

Oct

11% Mar

9

jim

32

Jun

6

20% May
12% May

Feb

•

Jun

16
43

Feb

14% Jun

17

3% Jun

14

% Jun

8

.

:
-

26

'

18

f

Aug 17

6% Jan

10

Feb

;

31% May

24% Feb'

30% Sep

14

Feb

*.

99%

95 »a Mar 23

103% Sep

16

12% Sep -.4 8'

>20*4 Jan

o

Felt ir.Tarrant Mfg Co.

<17% Jan

0

Ferto JEnamel

19% Dec
17%

Dec

53%

Feb

42
-

24% Sep
26% Jun

■

Dec

103% Not

"

14%

14

63% July 13

70

Oct
Jun

43

Jun

105

59% July

53

20% Aug
42% Jun

Not

90

Dec

..

12% Jun

•

69%

11% July 13
21% Jun
7

107%

Feb

v28%

9

..

53

t

;

49% Mar

'

Jun:

>

xl04

50% Mar 31
107% Mar 17

3

Jan

.

98% Jan

May

68

4%%

13
3

3i% Jan

'

7

Sep

17% Jan

-

7

26

Dec

13

Dee

i"

12% Dec

;

13% Jan

22%

21%

27

Dec

f 79

Dec

-

82% not
24% Dec
22:

?'

Jan

<•'

92%

;>

78

35%

Feb

10

Feb

10

May
47% Oct

T

12% May
.i 24% Jan

.

17% Mar

,,24% jhu

May

90% Jan

2

95

Jan 26

11;

27 ;

Sep

16

17

25% Feo

.)

Feb

26

123/a Aug 17

8

Jun

13;

x38

10 Ve

May 13

Feb

28

53

Aug 11

11% Jan

19

.16% Jun

6

16% May 27
20% Jan 12

10% May
10% May
20

Jan

14% Jun

30

17% Jan

6

Dec

12

Aug

6 % Jun

1

9% Jan

10

38%
12%

Dec

34

Jun

15

41% Jan

Feb

48% Aug
17% July

13

Feb

25

17% Aug 18

16%

Nov

23%

15

Jun

15

19

10% Jun

13

~5%

Dec

3% Jun

14

133/4 Aug 31
6% Feb
3

27%

Dec

21 % Jun

13

32% Feb

4

15% Jun

14

23% Jan

7

16%

45

May
26% May
18 % May

Dec
Feb

99% Mar
42

105%

Dec

Jun

53% May

100%

Jan

106

8%

Feb

11% July
159% Dec

146

Apr
9% Mar

.

9

May

14% May

69

78% Feb

Aug 17

4% Jun

15

4% Jun

14

13% Jan

3
25

Feb

99

July

Apr

6%

Gar

17
2

11%

11%

11%

103

22%.

15%

v

15%

106

14

10% Jan

July 15

1633/4 Jan

19

24

6

13

10

65% Apr 25
24% Jun 14

31

Jan

Dec

24

Jan

17

Jun

20

Apr

1

Jun

Nov

144

Jan

129

Jun

17

31% Mar

43

May

34

Jun

28

34

mar

41

Jun

✓

87% Nov

96

Jun

93% Jan

13%

Dec

x6%.Jun

39%jran

7

Jan

79% Jan 20

28

;

139% Apr
40
jan*

15%

4%
7%

45% Aug 19

3

Feb

53

Oct

44% Jun

52% Jan

128%

Jun

1233/4 Jan

128% Jun

7

97

107% Jan

Apr

♦23%

10

9%

8-%

8%

52

513/4

52-%

15%

15%

15

15%

17

17%

17 3/8

17%

69%

69%

70

70

8%

•17%
70

83/4

43/4

4%

434

4%

5

6

6%

6%

6V2

6 J/2

17

16%

7

16%

7%

7

17

17

•68%

$ per share

$ per

119

Oct

66

125% Jun

;

J per

$ per share

share

Nov

Highest

51% Jun

64

14

123% Jan

5

127

Sep

12

6

103

Sep

2

17%

Jun

13.

Feb

25

16%

Feb

26

Nov

22% Jun

17

12%

Nov

18% May
4% May

2%

Feb

10%

Dec

18%

Dec

120

15%
29

Sep
Feb

24%

Nov ■'

22%

16%/.'

153/4

16

•17%

17%

17%

*173/8

16
17%

*15'%

18

2
Inc

12%

123/4

-12 3/4

12%

123/4

123/4

12%

12%

12%

l

4%

4 Va

4%

4'A

4%

4%

4%

4%

*4 'A

43%

25'/«

*23'%

24%

700

19'%

193/8

19%

2,200

17%

17'%

17%

8,900

106%

*105%

106'A

com

173/4^L73/4

16

*24

50

*22

23%

23

23

23%

24%

1.66%

*20

20%

20

20%

19%

20 J/4

19%
17

com

*106%

106 %

8

43'A

43 3/4

:

X17%
*105'A

17 J/4

106'A

106'A

43%

44

43%

,

17 J/4

42%

17%
*106 Va

17

17

1

100

♦105%
43

106%

♦102 J/4

106%

*102 »A

1063/8

*102'%

106%

9

10%

10'A

10%

10'A

10 »/8

10%

ioy8

10%

10'/a

10'A

•155%

157%

*i55%

157 J/2

157%

6

10'A

10%

10%

10%

10»/4

No par

6%

7%

7%

*71

72%

*283/8

29 3/8

183/4
135%

—No par

36%

•

:

*29

No par

-

71

50

100

1

136

7%

1

45

44%

.no par

51
127

127

AND

SALE

7%

2% Jun

11% Jan

Apr
Dec

30

Dec

72%

Jan

90
May
82% May

Jun

Gen

6 3% Sep

Cement

Co_

Equip Corp..

7

8

.100

26 3/4 Sep

9

18% Jun

23

22% Apr

4

General

4

102% Jan

4

21% Jan

5

77% Apr

13

Time Corp
preferred

•104

105%

Gen Tire ft Rubber Co

Feb

87

Dec

17

39% May
96% Jun

Dec

25

May

75

Dec

85%

19%

Nov

28

48%

Feb

Jun

4%%

3

12% Feb

7

Jun

14

33% Jan

7

Gillette Safety Razor

79% Jun

1

Jan

13

24

Jun

12% Jun

•

9

73

91

?

17% Jan

14

Jan

31

76

72% July 11

65% July

Mar

113

6%

Mar

6

13

14% Jun

29

18

52 % Jun

14

64

Oct

100

Jun

24

Oct

34

Jun

14

105%

Dec
Feb

Oct

98 3/4 Jun

Jun

10

Jun

5%

Jan

8%

Apr

53/4 Feb
16% Jan

4

Feb ;

35

Oct

31

May

99

Jun

93 % Apr

14 V*

Sep

11

14

9% Mar
29

t-

Mar

Xl2

Dec

36%

3% Jan

Feb

16

Feb

July
15% May

50Ys May

Jun

14

28% Jan
25

5

Jan

36

13

32

7

Apr

13% Sep

13

43% Jan

7

16% Jan

3

18% Jan

10

8

144% Mar

60

Apr

77

Feb

40%

Jun

33% Mar 19

13%

Dec

17% May

11% Jun 22

66

Jun

3

13% May

10% Jan

4

12

Jun

93% Jan

4

100

25% July

15% Jun

15

Jun

July 20
July 27

20% Apr

6

9

Jun

,5

Feb 24

July

92

Jan

4

99

July 11

3v» Jun

13

14

Jan

7,

Jun

14

50

Jan

8

Jun

56% Jun

13

18% July

16% Jan

3

Jun

Feb

58%

Jun

41

57%

Feb

81

14

Jan

see




page

14%:;'

7% July 13

71% Jan
20

Apr

7

16

3%

*3

143/a

16%
'6'

"■

*121%

28%

108%

23%

23%

28%

23%

*28%

29

108%

1083/4

109

26%

26%

x26

21%
*993/4

17%

203/4

17'%

17%

18 %

19

73

73

73

*72

74

68

*65

68

*65

29%

6%

6%

29%

7%
305/8
85

85

16%

16%

153/4

26%

26

26

253A

26 %

20%

203/4

20%

20%

20'%

20'A

•51%

52%

52

52

*51%

523/4

*51%

52%

51%

51%

9

103

15%'
62

1

♦103

153/4

*100

;

15%

104

39%

63

105

62%
♦1007/8

101

39%

105

40%

39%

105%

39%

39%

39%

1.6%

63 %

63
101

105%

105%

105%

105 %

11%

11%

11%

113/8

11%

11%

•11%

1%

1%

1%

1%

1%

1%

1%

22%

7

•22

No par
5
com

7

7

22%

v

23%

22%

21%

22

22% '22%
24%
99

99

15%

x22%
i

243/4

99%

15%

*33%

24%

243/4

15%

35

35

13%

13%

38

38%

39

37%
17%

39%

12%

*12%

12%

8

10%
*98 3/s

Gulf Mobile ft Ohio rr com.No par

"10%

Oil

preferred

Corp

136%
39

39%

<

39%

No par
29
no par

18%

53/4
99

•

11%
100,

18%

5%

^9

11%

99%

99%

*98%

17%

18%

xl7%

1014

10%

11%

473/4

48%

48

48

673/4

69%

69

18%

19%

19

.

*98

'

11%
*473/4

2,900
200

v.

%

1,600

39 J/4 '

'

6,300

17%

17%

,4,300

17%

138

*137

69

*65

69

330

139

♦65
39

39 'A

39%

~

1,700

39%
'

12%

*12%

12%

*12 '/a

10%

11%

10%

11

*98 %

17

-

200

100

16%

*98%

100

16%

17

5%

*53/4

100

101

♦98 \

32,700
10

4,900
"•'

:

5%

53/4

5%

*98 V; 101

101

ll'%"

11

11'a

10%

11%

48%

48

48

"48%

483A

\

800

10

8,100
v

69 %
.

•

13'%"

138

17%

.5%

6

6
*99

io3/8

36

11%

11

11

150

?•

13%

*12%

13%

137
69

*65

69

69

39%

.100
1
1
No par

Common

Gulf 8tate* Utilities Co

*65

•65

*39

; r-17%

17%

173/4

17%
136

3,200

"

153%

13'%
38 3/4

1,200

243/4

♦35

13%

3,600

.

99%

15 »/4

39

::

'

38%

—

Grumman Aircraft Corp..
Guantanamo Sugar common

85 preferred

135%

1

Co Inc

preferred

.

100

Greenfield Tap ft Die Corp__No par

(The)

173/4

17%
136

*13%

900

7 %rv';:

22'A

24%

35

/' 6,700

25

♦99
V

15%

*33%

35

/'

243/4

16

•

24'A

1,100

-

1%

*213/4

99%

15%

153/4
13%

136

243/4
*99

99%

*99

383/4

'

'•'7'/a

7%
23%

13%

100

7%

73/8

23%

24%

n3A'-'.

11%

400

rr"

107

i'/4

73/8

300

4,300

40'A

40'/a

13a

8,800
2,600

63
102

*105'%

12

.

18

■>>

623%

40

23%

99%

15%

17

300

4,900

.

103

;

*101

105 %

7%

24%

100
1

t:

17
623/4
102

.23%

-

23

22%

♦100

103

,

2,300

3,000

'

9%

9'%

9%.

9

•100

16%

16

16
102

x1013/4

'i:';.

9'a

*75

76

*75

103

*100

103

x61

62%

9%

9%

9%

9

*100

37%

Gulf

300

26

1
5

preferred

100

76

*75

—10

Co common

6,100

13,100

26

76

10

i6

15 3A

16

....

85%

*84'%

86%

76

13%

conv

30'A

30

30%

•84%

_

11,300

8'%

20%

34

85

74
68

7'%

7%

26

13

4%%

*72'%
*64

:

20%

*74%

75

34

-

74

30

31

85

600
-

4,100

18%

18%

67%

7%

7%

16%

;

15%

153/4

<

30%

29%
*84

85

*84

7

'

103

*99

18%

i;

370

2,400

*72

/;

100

,

21

207%

21%

•

.

'

*65

68

63/4

26'%

103

18

19

*71%
*65

No par

7%

t

♦20%

1,000

26'%

106

•104%

26%

10

10,800
>

28'%

*28

29 ■■■ ,-

1,800

'A',"

24

24

109

♦99

6

x6'%

24

26%

103

19,900

17 'A

108%

21%

21%
*993/4

103

*993/4

.

26%

4,200

123'%

*28

109

26%

17%

*121%

24

29

109

21%

21%

21%
103

$

24

*28%

:v

17%

v; 1J23
6%
6%

123

63/a

6%
24

24

1,500

10,900

14'%;

14'%

143/8

17%

17%
123%

6%

6

(j

17%
*121%

3'%

3%

14%

14%;

173/8
123%

17

16%

14%

14%

14%

14%

123%

•121

3%.

3%

3%

3%

3%

z

:

.

"v

3%

25%

No par
No par
.No par

City Steel

(w t)

1400

28 3A

143/a

No par

preferred
Grayson-Roblnson Stores
82.25 conv pfd

3

97

20%

For footnotes

28 3/4

14%

100

:

(h l)

98

44

293/8

14%

No par

Bay ft Western rr

Dec

•

com

Green

Nov

Feb

29

14%

10

Green

Feb

Nov

29%

145/8

20 3/8

Co

com

3

16%

5% Mar

29%

14%

1

.39% Aug 26
14% Mar 29

66
•

90%

12%

29%

14%

20%

Co (The)

Greyhound Corp

85

17

29

Gt Northern Iron Ore Prop..No par
gt Northern Ry 6% pfd
No par
Great Western Sugar com—No par

11 1

33% Jun

29%

10

16%

143/a

253/4

8%%

14

133% July

Jun
Jan

Union

Grant

9 '

Jun

Grand

Granite

9

23%

■

;

16%
28%

743/4

Inc

(b f)

1,000

v;

15%

Graham-Paige Motors
Granby Consol m s ft p

16 !

May 31

99% Sep
16 % Apr

6

11% Jun

Sep

145%

-

Dec

132

40

203/8 Mar

7

8% Apr 23

17

17

17

2.50
No par
50

preferred

Gotham Hosiery

5

17

17%.

/

No par

86 preferred
Goodyear Tire ft Rub
85 preferred

9

25

26

16 5/8 Jun

Goodrich Co

26

16% Mar

.1% May 12

Nov

Aug

conv

Goodall-Sanford

16

Mar 24

105% Aug 30

19

Oct

18

v Sep

4%%

102'A

;

5

preferred

Goebel Brewing Co
Gold ft Stock Telegraph

8

Jan

45% Jan

10

Nov

,

104

20

23%

15% Aug

89

93a Aug

3

x95% Jun

50%

96% Mar
15
Dec

18

July

5% Jan

103% Aug

38% Mar

23

48

64%

Nov

84.60

7

53% Mar 25

24% May

94% Mar

5%

21% Jan

102

14%

No par

Gleaner Harvester Corp
Glidden Co (The) com

28% Aug 18

17

116

122

14% Dec
47% Mar

2%

Oct

17

175/s Jun

102%

16%.

No par

com

102 %

600

126%

28%

.

100

85 conv preference
Gimbel Brothers common

5

21% Jun

May

preferred

36,700

63'%

126 7%

CLOSED

preferred
.100
Georgia-Pac Plywood ft Lumb Co.l

July 19

Shares

shareZ

62 7%

63%

for

Sales

the Week

127%

1023/a

,17

$ per

$ per share

/ v 63

127

102%

8%%

5% Jun 15
27%

127

1023/4

•

350
300

EXCHANGE

STOCK

1,400

v'

;

Sept. 16

Sept. 15

♦126%

127

5

com

11

■

3,100
'

..'

Friday

Thursday

63%

63%

1023/4

100

Mar

67

70

'

.

PRICES

127

l

com

200

"
'

127%

105'%

•

1053/4

127

10c

99% Apr
15% Jun

51'A
105'%

1023/4

No par

No par
20
No par

7'%
51'A

8,300

100%

73%

:127'%

102%

>v;

*98'%

7%
51J/4

$ per share

,>

64

63

100'%

1273/4

Sept. 14

$ per share
-

70

24,200

'..■>/

-

45'%

51 J/4

127
'■

No par

preferred

4%%

62%; 63 '

9

Corp

Gen Realty ft Utilities
General Refractories

Jan 27

122

1

No par

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

Mar 14

S per share

..10c

Utilities

Public

4%

14

28 3/8 Aug

Portland

Gen Railway Signal com

6

24% Jan

24

18%

Jan

22

99% July 18
223/4 Jan
3

76

Gen Public Service

10

Oct

Dec

7

4 5/8 Feb

Jan

293/4 May
30% May

Gen Precision

20% Jun

Jun

102%

8

123

May 19

31%

Dec

14

15> Aug 18
20% Jan
7

14,

$ per share

No par

...No par
Gen Outdoor Advertising
No par

14

3% Jan

Sept.. 12

10

com

Preferred $8.76 series

29% Sep

3

15'a Jun
120

Par

-

17% Sep

28

Sept. 10

38

,

45 r<

.

127%

Wednesday

H

Tuesday.
Sept. 13

Monday <

Saturday

STOCK

37%

•

v/V'S;

136...

*135

/

,<:>

51 J/2

*102

HIGH

*98'%

50
1,900
1,300

V

18 3/4

127'/a

51%

127

106

29

183A

453%

;;

7

72

29

373A

443A

7%

X7 J/2

127

37%

45 »/2

100

100

73/4
.51 v':;

*101

LOW

45,;:

7%

8,100

*71

136

38 J/8

'37%

800

73A

29%
18 3A

*135

136

136

100

51

106

106

100

183A

45%

a

127

•

19

37%

7%

; 51

100

183/4

136%

*99

7%

V

29 J/4

19 Va

37%

.<"V

29%

10'%

75/8
72

*71

293/B

50

10*%

103%

'">• 7%

73A
73

*71

4,400

156

155

159

103/8

103/4

293/8

*135

37%

.

*156

158

71/2

73/8
71

33/4

100

*99

No par

t

19

44%

No par

86 preferred

..'

3,000

*102%

*102

par

100

YORK

■-?,

43

106%

common

Corp com

1,500
2,900

;.12%^/:/V

43

433A

300

17'%'

17'%

No par

Co

Motors Corp

General

500

*153/4

No par

Co

16 % Mar

11% July 19

132%

Dec

21%

Jan

30%

Feb

98%

Jan

6% May

22%
110%

Jun

May

128%

4% Mar

Jun

"—

400

16

16%

EXCHANGE

General

13

x97

93% Feb
12% Mar

99"%

share

Sep

900

35 J/4

35'A

36

*153/i

2nd preferred

NEW

2,300

7

No par

Electric Co.

1

17.400

7

:

35'A

preferred

:

V 1,300

:v

7Vb
17

*35

'

1

sy*

■

6%

35%

preferred
1%# conv preferred

Range Since Jan. i
Lowest

110

*34 Va

STOCKS

Year 1948

2,700
1,300

70

*4%

7'/a

*35 J/4

5,300

17%

17

17

*7

<

153/8

*68%

63/4

1,300
3,800

'.523/4

16%

:

5

6%
17

35%

r

523/8

50

.

„

1.

9%

:•

»15

70

:■;/ 5

7%

*7

7%

17%

100

7,500

: 9%

9%
v

'.

24

.

,-x9

■V.

52%
153/a

17%

5%

;r. *233/4
».

100

27

9%

52%

63/4

253/8

7,900

93%

?:

9%

•15

17

86%

93%

24%.

9

8%

52

27'" ' v.

♦85%

50

preferred

Range for Previous

24

*93/4

.

5,300

5

35 J/4

6%

13

•23 3/8

9%

15%

9

com

General Instrument Corp
General Mills common

13

Feb

25%
24

1

88.60 preferred

6
13% Jan 11.

253/8

1

(The)

General Foods

100% Sep

25

513/4

•69

com

General Cigar Co Inc com

General

25%

25%

8 3/4

16%

26%

86% :
923/4

51%

20

Baking

conv

923/4

9%

$8 preferred

■

93

*23%

1

27

03

93

10%

133/4

f

13%

26%
•85%

200

5,500

10 V*
13%

93

-

9%

common

133/8

27 y8

I 853/4.

3,100

143/4

»14>/4

14%

10%'-

27 1

25 -

•15

'

10%

v"

30
700

15%

15%

85%

24%

1

Xl4%

'

7,400

.

22

•21v*

27%

9%

Amer

6

40%

50% Mar

102 %

■»

86%

24 %

10

Industries

conv

2

118%

Highest

27%
102%

*:• 26%.

27%
103

•

15%

133/4

13%

13%

13%

24%

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

7

Lowest

11%

1,800

*85%

10

(The)

Corp

General

/

11% Mar 31

Jun

<

1,200

12%

22

io3/,

140

66 %

21%

15

10%

3,200

66%

15%

*14%

1,30c

46%
106

*11%

x26%

i25

Co

15

103/4

10%

•-

—No par

common.

Transportation
$4.25 pfd series a
No

24

9% Feb

Co

♦14%

14%
10

x25

preferred—.

Wood

General

11

6

18

.

67%

46%

"

15%

60

'

1,700
1,000

:15%

106

22%'

*22%

223/4

15%

22%

♦102

103

•102

103

7,200
j

66%

26%

27%

27%

27%

26%

:
;

93

•4.60 preferred

July

Jun

66%

12

11%

26 %

•92

General American Investors

16

Jun

46% Aug
Jan

9% Jun
153

Garrett

4% %

15

108

67%

13%

Gaylord Container Corp

44% July

Feb

67

863/4

/

Gardner-Denver

26

82

97

68

26%

(The)

conv

GameweU

Sep

Mar

67

11%
103

13%

preferred

5%

Nov

9

106

66 %

-

1053/4

106

106

1,400

3%

13

67 %

46%
106

100

500

;

■■■

30%

15%

68

106

26%

__100

Gamble-Skogmo Inc

Nov

'

46%

•

Galr Co Inc (Robert)

12

17% Sep

107

15

Trailer

Gabriel Co

4
7% Jan 10

28%

x125

68

46 %

•85%

4% nreferred

7% Apr

103% Jan
42

2

72%

■f

68%

453/4

25%

Froedtert Oram ft Malting Co Inc.l
Fruehauf

Dec

11%

68

46

11 %

1

Freeport Sulphur Co
;

Dec

9% May

68

45%

100

6% prior preferred

Dec

Jun

67

8,200
■

103 % v

103%

*12%

16

Corp—10

Francisco Sugar Co.
Franklin Stores Corp..

6%
6%
9

•15%

.

,

30
;

,

>

16%

9%

pfd

conv

preferred
Foster-Wheeler Corp

Dec

Aug

104

16 %

14%

Corp^

Food fxlr Stores Inc
Food Machinery & Chem

3%%
3%%

16%

■v

Follanebee Steel

18

68%

84

./

30

30

16

>v 153/4

•> norsheim Shoe class a__

/7".1

14% Sep. 7
'29% Jan ,8.*

9
■

♦102%

30%

45%

•21%

21% Jun

16% May

103

3%

<,<:

4 '<i

•'

15%

66%

_io

3%

:<

4%

106

_No par

173/4

67%

106

—..7%

h

4%

*17%

■

♦101%

30

,

173/4

♦17%

4%

15%

Florida Power oorp__^

•

30
30%
♦101%. 102 %

4

363/4

12%

15%

No par

■>

36

♦353/4

36

173/4

7,800
•'}

xl2%

45%

Florence stove Co

19% Feb

25% Jan

36 %

173/4

3,700

14
15 %

13

67%

103

89July 18

i 38% May

Mar

2

;

20% Apr 29:

Dec

9% Dec
8% Aug

May 26

9 Ye Sep

8% Feb 24

12% May
-47% Jun'
105
Jun

*35%

14%

:

u

12%

10

No par

15

14%

/

13%

coin—__26

(The). Carpet Co
No par
Fllntkofcs co (The) common—No par'
$4 preferred
__No par

0;

14%

t

15%

12%

1

Firth
;

v"

15

t
-

\h

%

"

173/4

12%

100

14%

li

36%

%

.

30

100%

12%

preferred

14%

14%.

14%
15

17%

<"

1,400

373/4

'

12 ;

Jan

40%

Dec

9% Mar

4

4

29%
100

___a

first National Stores
•

•16% May 19
14% Sep
7

'

17%

1,200

37%

233/4

37%

•35%

363/4

17%

900

24

37%

37%

23%

38

%

14%

Jan

28

3

n
14%

38

24

♦363/4

24

373/4

/■

14%

%

14%

♦35%

_100

a Rubber

14%

u
14%

closed

Aug 20

103

18% May 25-

36% May
15% Jun

tlxe

373/4

38

24

24%

37%

14%

14%

exchange

5

preferred

Firestone

'
-

4%%

-

Corp_
Fidelity Phoenix Fire Ins n y:

'Aug 18

6

May 16

July
.

Federated Dept Stores com
■*

stock

'24%

38

Shares

♦37

37%

37%

37

36%
24 %

24

No par

20%
90-

-

t

36%
•37%

$ per share

$ per share

$ per share

the Week

Sep*. io

Sept. 15

Sept. 14

Sales for

Friday

Thursday

Wednesday

$ per share

$ per share

1

Federal Motor Truck

1

PRICES

SALE

Sept. 13

20

Family Finance Corp common
1
Liquidating Corp.
;
1
Fedders-Qulgan Corp
1..
Federal Mining * Smelting co___2
Federal-Mogul Corp
0

-

38% Jan
>

14

HIGH

AND

Tuesday

No par-

Corp

far

-

15% Sep

>.

Brewing

LOW

Monday
Sept. 12

$ per share

19

RECORD

Saturday

Par

Jun

(1095)

Sept. 10

$ per share

19 *

lT%

not

STOCK

CHRONICLE

'*■

STOCK

23% Feb

12% Aug
6
11

v-

YORK

EXCHANGE

34

Oct

28% NOT

*

NEW

Highest

$ per share

Jim

33 %

Not

:

20

Lowest

.

t per share

*19% Nov
'■

FINANCIAL

STOCKS

Year 1948

Lowest

YORK

&

69

69 %

68%

69

68%

69%

19%

18%

19%

18%

18%

187/a

19

26.
—T—*
-ei

?

h

300

7,200

1^,400

r

20

COMMERCIAL

THE

(1096)

NEW
Range Since Jan. 1

Year lOiii-

Lowest

Highest

h

t, per

$ per share

$ per share

FINANCIAL

STOCK

NEW

.

RECORD

Saturday
Par

$ per share

Sept. 18

.

$ per share

Wednesday
Sept. 14

Friday
Sept. 16

Thursday
Sept. 15

$ per share

Tuesday

I per share

PRICES

SALE

HIGH

Monday

Sept. 12

Sept. 10

$ per share

share

AND

LOW

STOCK

YORK

EXCHANGE

Higuest

<;

,

Monday, September 19, 1949

CHRONICLE

STOCKS

Range for Previous
Lowest

YORK

&

$ per share

Sales for
the Week

$ per share

Shares

H
31

)■

Feb

35%

Oct

31

Jan

4

36

Sep

16

Hackensack

Nov

22%

Sep

16% Jun

7

21

Sep

16

Halliburton

Oil

121/4

12%

Dec

89

Feb

107

Jun

21%

Feb

27%

July

150%

Dec

8
79

Hamilton

Jan

20

142 or May 12

20% Jan

Jan

149

5% Jan

14

Hat

Hayes Industries Inc

9% Jan

Hayes Mfg Corp

Jun

6 % Jun

28

Jun

5% Jun

7

Mar

26%

Jan

19% Feb

3

Aug

1

Oct

27 %

July

20 % Jan

13

25% Aug

9

Jan

17

Jan

3

94% Sep
36 % Aug

14

91

Jun

Dec

42

Jan

30

103

95 %

Jan

May

98% Jan

22%

Nov

24%

NOV

Dec

35%

Oct

34% Jan

8
19

104

23 % Jan

34%

24 %

7

6

preferred

Hazel-Atlas

Glass

Heinz

3.65%

Sep 12
29% Aug 31
40% July 28

Helme

Dec

22% May

13 y« Jan.

4

17% Aug 22

Hercules

Dec

57%

40

1

49% Sep

Hercules Powder

120%

Dec

25%

Oct

k

114

30%

Nov

14%

Oct
Dec

9

122% Feb

15

1

Dec
i

14
16

Sep

35
125

Aug 19
Sep 15

xl3% Aug 25

21% Jan

26

14% Jun

14

21% Jan

79% Jan

3

84% Sep

7
1

Jan
Jan

10

July 12
May 2

Hinde

May

Hires

Jun

16

26

Aug 18

Holland

.8% Jun

29

13

Aug 15

Hollander

16% Jun

20

29% May

4

Feb.
Dec t

16% May

15%

Feb«

30%

20

22% Jan

21

25

Dec

30

Oct

24% Mar 10

28% Sep

16

Feb

34% Jan

43% Sep

8

Jun

x24

Apr

Deo

100

Jun

29
1

94 % Sep

8

29%

Nov

42"%

24%

Nov

35%

99

Deo

H

-

103

Dec

Ii% Jun

?

23%

Dec'

27

NovY

81

3

29

Jan

13

109% Aug 17
99

May

3

12% Mar 30

9% Jun .13

34% Aug 10

46%

Feb

11

Jan

28% Jan

6

94%

Jun

86% Jan. "6

95% Mar 14

49

Mar

Jan

>34%

/ Oct

38

Jun

Oct

42% Jun

48% May

30

20

36% Sep

13
4

5%

$2.25

15%- Sep
46 Mr Jan

9
20

Dec

4% Jun

*7

8Va Jan

5

8 % Jun

29

14% May
50

Nov

33% Jun

Dec

22%

Jun

'9

10%
2

Dec

19

Sep

May

14%

3

14%

14%

17%

17%

..—.100

*83%

*13%

10

17%

10

9%
13%

14%

24%
•

Howe Sound

27%

43%

43%

42%

*27%

28%

*27%

28%

,107
94%

107%

11%

12%

No par

46%

25

*15%

preferred

7

Hudson Bay

7

Hunt Foods

6

13

Hupp Corp
Hussman Refrigerator Co

Inc

Range Since Jan. 1

$ per share ■

NEW

•

Highest

*

$ per share

$ per share

1,200
7,800

28%

27%

27%

27%

27%

104%

*94%

11%

12%

500
200

105

95

95

*94%

95

12

106

106

107

40

11%

1,500

32%

32%

3C0

36

36%

1,400

11%

11%

.

33%

*32

33

36%

36%

*36

36%

94%

*94

95%

*94%

46%

46%

46%

1,300

39%

40%

20.000

*31%

47

x33%

48%

39%

*46 %

40%

*15%

39

39%

.

0

10

96

16%

*15%

15%

15%

*14%

35%

35%

*35%

35%

35%

36%

7%
11%

7%

7%

7%

7%

7%

7%

*10%

100

15%

35%

35

16

2.700
I'¬

7,000

107/a

*10%

*10%

11%

*10%

11%

38

33%

38%

39%

38%

38%

39

39%

5,4r9

12

11%

12%

12%

12%

12

12%

12

12%

13,COO
3,800

8%
1%
14

8%

8%

8%

1%

1%

LOW

8%

14%

AND

Tuesday

$ per share

1%

1%

1%

1%

13%

13%

13%

13%

$ per share

$

-

3/00

2,100

PRICES

Sept. 16

Sept. 15
$ per share

share

per

Friday

Thursday

Wednesday
Sept. 14

1

—

10

9%

1%
13%

SALE

Sept. 13

$ per share

9%

ll %

1%

,

HIGH

Monday
Sept. 12

9%

9%

■

13%

1%

13%

14

Saturday
Par

28%
42%

94%

Sept. 10

.

28

42%

38 %

I

STOCK

YORK

27%
42%

37%

No par

EXCHANGE

*

27%
42

12

6.66%
...

2,400

20

19%

19

200

*10%

12.50

2% Jan

18%

1,500

7%

Min & Sm Ltd—N6 par

14% Sep

400

12%

7%

7%

100

Hudson Motor Car_i—_;

12%;

19%

*94%

47

39%

16%

35%

35

24%

36%

46%

47

23%

12%

94%

>

397%

39

—1

*93

94%

23

12%

,

27%

*108

34

36%

36

*93 %

2C0

24%

43

*27%

94%

*33

33

36

100

—5

non-cum

11%

33

_No par

Manhattan common—100

Hudson &

5%

11%

—No par
preferred—,.—■
50

•

3,500

14%

12%

*27%

43%

■'■'"Zl

15

-

24%

27%

■

10

9%

*14%

19%

19

86

*13%

12%

5,000

17%

9%

••

■900

15%

17

*83%

14%

42%

95

20

15

19

95

2,000

*13%

27%

com

Corp—

12%

19

30

35

*14%

*24

25 i.

5,500

131

15 %

17%
86

*9%

■

1.200

127

14%

10

t

;

35

131

15%

/

*83%

;

rH Cvl IO

-

35

14%

9%

:

19-

_No par

Co

24%
*12%

:

12%,

•

14%

13%

14%

48%

14%

9%

13%

17

16%

47%

125

14%

17%
86

*83%

26%

____No par

t c

/

*"15%

130

34%

15%

17%

17%
86

15

15

15%

15%

15

*83%

16%

125

'

41

*40 %

48%

130

34

126

*125

9C0

29%

29%

41

47%

131

33%

33%
125%

*124

*•

*129

131

33%
-

86

9%

10

—<—30

7

Lowest

Highest

$ per share

*123%

;

v

16%

49%

*129

1

23%

.

16%

48%

00

105

*103

29%

500

24%

24%

105

*16

16%

34

.

*40

49%

22

22%

29%

41

48%

.

131

*129

29%

15%

STOCKS
-

Year 1948

.

i6

48%

29%
*40

41

*40

15%

X103

29%

29

.41

48%

—.

Range for Previous
Lowest

29%

29%

*12%

14 % Jan

11% Jan

*40

5

47% Jan

6

105

5

1

10% Jun

Jun

11% Mar

*103

5

26

8% Aug 31.
1% May 23

Apr

5

Dec

12%

Feb

*103

104

Co„

Oil of Texas

Howard

28

Sep

103 Va

104

1

Stores

16

12% Jun-14

Jan

800

125

Houston Light & Power

31% Jun

8%

36

preferred

Jun

12%

*35%

x36%

& Sons

conv

3%%

Jun

34%

36

36

33%

Household Finance com

47,

8%

36

36

E)

Houdaille-Hershey

23

7

20

36%

94%

36

*93

*22

22%

*35

107%

38%

Sep

94

*106%

Dec

3%

94%

*93

5

$4.25 preferred

Jan

7

25
94

No par
No par

2nd pfd ser A

$4.50

Feb

29 % Feb

25

"93

Hooker Electrochemical Co. com—-.5

14

Jun

25

94%

12.50

33

20%

*24%

x22

*93

preferred—
Mining

conv

1,900

24%

_™100

—

Holly Sugar Corp
Homestake

22%

22%

Paper Co_—

Furnace

(A)

3,200

22%

Inc

(Charles

Houston

40% Sep

____

Dauch

&
Co

6%

24%

Hilton Hotels Corp—

15

6

22%

No par

Heyden Chemical Corp—
3% % preferred ter A

15

•

9%

v

Hewitt-Robina

6%

24%

No par
common

preferred

1,000

6

94%

__25

Hershey Chocolate com
$4 conv preference

3

12% Jan

21%
;

■

5%

8

24%

100
—10

Motors

16

8% May 20

11% Jun

12%

131

1

14

26% Mar

Jun

25%

>

Jun

113% Jun

28% May
86%

17% Nov
78

Apr

123% July
27% Jan

Mar

17

128%
,

Apr
Feb

50

8%

6%

7%

22%

preferred:

13%

6%

1,000

68

8

5

W)- common

41%

8

5%

5%

7%

15

Co common

non-cum

8

6

,1,100

:

_100
—25

preferred

(G

7%

7%

5%

Co

preferred™,——

(H J)

7%

24%

*64

68

2,000

21%
148

24%

5%

*64

500

6%

*8

5%

*5%

5%

12%
108

*143

24%

20,500

78

106 %

21%

21%
148

24%

66

62 %

62

€2

1
_2

—_

5%

5%

5%

62

21%

24%

...

1,010

12%
*

400

•

21

..,14%

*76

78

108

*143

143

36

-

19%

*14

12

12
*75

22

21%
24%

24

V

,

14%:.

*106%

103

*143

-

148

23%

5%

*5

;

22

21%
*143

23%

14%:

12%

*105%

19%

*14

76

?■

108

*106%

143

*61%

14 %
12

'

,36

36

19%

19%

76

12

77

21

20%

*22%

19 %

14%

*11%
*75

103

*143

100

Hecht Co common

3%%

*106%

1

of America common

Corp

4%%

CLOSED

'•—..10

Marx

14%

14%
12

77

*35

36

*35

19%

77

*11%

—100

—.

&

14%
STOCK
EXCHANGE

com__No par

Refrac

preferred
Schaffner

8% Mar 14

11%
11%

Jan

.

67% Mar 21

Feb

29%

6%
Hart

Feb

78

(M A)

—100
Co $4.25 pfd__No par

19%

35%

xiyy8

35

19%.

5
No par

com

5

Jan

84

Printing Co

35%

35

Cementlng__5

preferred

Hartison-Walk

4

19

6%
20%

Well

Watch Co

conv

Hanna

Feb

6%
x20

(W F)

4%

24% Jan

20

61

6

107% Aug
423 % Jan 13

3

4% Jan

Jun

Dec

Mar 29

4

34% May

Dec

4"%
50

13

18% Jun

Jan

20%

14% May 19
81

104% Apr

Jun

146 J/2

3

27

72% July 26

Jan

xl01%

Jan

11% Jun

Xl4% May

Mar

Hall

12

16% May

Dec

70

.

__25

Water

15 %

$ per share

for

Sales

the Week

Shares

I
80%

35%

Apr

35% Sep

8

Idaho

30% Jan

7

Illinois Central RR Co

Jun

13

84

Jan

7

31% Jun

<7

27 % Mar

42% July

•22% Feb 24

62%

90

July

73

Feb

Jun

95

Sep

97% May

95

Jun

29

96

Jan

4

24%

Jan

37% July

20

; Jun

13

28% Jan

21

26% Aug

30

25% Jan

4

51% Jun

28

33% Sep 16
54% Aug 31

~9%

Feb

12%

10% Jan

Nov

7% Sep
21% Jan

12

20%

May
Jun

7

28% Sep

16

8% Jan

10

6%

Co

Power

Leased

—20

*

common_100

pfd

conv

non-cum

4

lines

A—100

ser

97

*94

97

*94

97

*94

24%

24%

*24

24%

25

25

Illinois Power Co common

No par

31%

32%

32%

33

33

33%

33%

33%

33%

preferred —50

*54%

54%

54%

54%

*54%

7%

7%

7%

7%

7%

4.70%

series

Illinois Terminal RR Co

Jun

Jun■

3

Jun

33% Mar

4

47

Sep 13

58 %

Nov

76%

Jun

55

Jun

7

68

Aug 22

Ingersoll-Rand

Jun

155

Jan

11

765

5

Industrial

6%

160

47%

Feb

13

Dec

1%

Feb

3

15% Sep

14

11

93 % Apr

20

Jun

8

2% Jan

8

9% Jun

29

13% Jan

7

Jan

3% May

1

16% May

Feb

26 %

Dec

x34%

Jun

Oct

174%

Jun

156

Dec

5%

Nov

9%

Feb

38%

Deo

93

164% Jan

3

5% Feb

24

jun

71

*145% Jan/3.
22% Jun
I

Jun

23%

-

14,

24

Jun

14

0%

9% Aug 23

180

Aug 10
2P% Sep 14

180% Sep
8
7% Aug 10
30% Sep 13
1

4%%

Intercontinental Rubber
Interlake
Int'l

Iron

Business

;

Jun

73% Jan

17

5%

May

3% Feb

26

81% Mar 11
5 % Aug 19

International

34%

Oct

25% Jun

14

31% Jan

Int'l Nickel of Canada

Jan

139% July
64% Jun

42% Mar
86

Feb

6%

99

Deo

05

52%

14

Dec

Jan

30y2

107%

43

45

94

Feb

8

58

Sep

16

5

103

7

4% Aug 23

>

Jan

46% Sep

6

50 / Jun

20

Jan

Jan

5

38% Jun

14

35

Mar

8% Nov

41

30% Aug

Mar

10%

Jun

16%

8% Nov

Jun

,

13

7% Jun

14

14

July 28

17% Mar

26% May

18% Feb

35%

Jun

24

29

39% May

24

Nov

137% Jan.

145

Deo

May

10

8

7% Jun

:

22% Mar

4%

143

13

Jan

65% July

Mar

30

41% Jun

Jun

64

Nov

135% July

July
May

Aug 25
7% Feb
8

71'

61

Feb
'

9

Feb

17

45% Aug 19
57% Jan 13
34

Jan 27

11% Apr
11% Apr

11

15% Sep

13

4

32

: Jan

21

Island Creek. Coal

136% Aug 12

148

Jun

13

11% Jun

14

Jan

3

39%

Feb

48

,44

Jan

24

80%

Oct

May
May

95% Jan

17

33%

Sep

42 Va

Jun

30% Jun

*

6

40% Sep

14

100%

Feb

113%

Jun

>

6

111% Sep
43% Sep

14

105% Sep

9

-2%

101

Oct

>

Jun

29% Jun

30

6% Jan

8

18% Jan

24

92

Aug 31

58% Sep-14
104% Sep 16

8

Dec.

106

May

Jan

158

Jun

155

Oct

21

Jun

14

Apr 26
33% Jan
7

93%

Apr

73

Jun

28

86

Nov,

43%

Jun

,31

Sep

Dec

21

Nov

98

29% Mar

397/s

83%

Feb

30%

102"

Feb

15

}'■ May 23

-

8

160

Jan

3

Dept

(F L)

6%,
*73%

171

137
54

101%

175

179%

179%

179%

6%

7%

29%

29%

307/a

76

■76

78

137%

137%

137%

55%

*102

103

'102

52%

52%

5. 45 /

45%
31%

5%

7

*75

30%
78%
5

4%
00

28%

330

7,200

5,500
600

S.^no

12,500
00

138%

1381/2

*137%

56%

56 %

58

33,200

*102%

103

100

104 ;;

4%

*4% ;; 5 %

300

48

55

47%

47%

110

54

55%

55%

300

44%

.

48

*53

>48

*52%
V'

4%

281/8

29%

3/00

18,900

45

1.400

44%

45

46

46 %

46%

46%

47%

49

33

*31%

133; •:■

*31%

32%

31%

31%

500

9%;

i 8%

8%

8%

9%

34,000

9

:

9%

9%

1 °oo

15%
21%

*21%

45

45%
46%

8%

8%

9%

8Y4

8%

8%

9>/a

8%

8%

*8%

■.«

lift)

4,700

*15%

15%

15%

15%

15%

Yl5%

15%

*20%

21

21

21%

21%

21%

*21 '/a

28

28%

27%

29%

29 %

29%

29

29

28%

29

2,300

27%

27%

28

28%

27%

28

28

28

27%

28

2,100

143

*141

143

50c

.".

*138

1

3%

142

.

3%

No par

*13
*90

♦138

/

13%

pfd—100

91%

.—No par

3% %

preferred-—:
:
Johns Manville Corp com_
3%% preferred—

/. 56%
*103% 104%!
40 /
39%

100
No par
j
100

42%
*105%

stamped!*.—100

preferred series A—^

*155
Y 24%

100

*

12% Jan

Kalamazoo Stove & Furniture

Co__

4

'140

'3%

4%

13%

13%

.

13%

91%

91%

56%

56%

.91%
57%

*103%

104%

*103%

•58%
104%

39%

40%

40%

40%

110%

110%

111

43%

43%

43

110%! 110%

2nd preferred series A—__100

Joy

91%

142

111%

J

Jones & Laughlin Steel com—No par

40% Mar 16

3%
*13

56

Johnson & Johnson common—_12%

Manufacturing

45

*102

102%

5%
48

55

179

5

1

Joliet & Chicago RR

46

*31%

53

5

4%

*137%

56%

28%

160

1,-ibO
5,800

No par

common

com:

x44%

45%

45

X31

/ X53

56

78%

4%
28

10%
177

6%

7

29%

78%

54%

54%
101 %

7

29%

78

137%

137

—25

7%

30%
4%

5%

No par

Jewel Tea Co Inc

178%

28%

48%

Stores

Co

179%

4%

*5%

Corps,—

179%

28%

48%

8%

180%

4%

*

—No par

27%

7

1%

10%
177

176

1.000
4.500

92

1%

28%

28 Vb

*4%
28

1%
10%

9%

15%

*9

15%
*90%

27%

*75

.

10%
174%

.

9%

15%
92

28%

x29%

5%

8%

'179%

1%

10%
177

28

27%

;

15%
*90%

1%

10%

10%
175

X27%

No par
—No par

4

1%

1%

27%
7

*9

15%
91

48%

Jersey Cent Pwr & Lt 4%

5 %

10 %

10%
172

9%

15%
90

5%

Jaeger Machine Co

4%

1%

*9

9%

15%
92

*47%

preferred

Jacobs

1%

29%

No par

International • Utilities

14

81

14%
*90%

5

ctfs

Jun

,

9%

9%

91%

28

Intertype Corp

Jun

99

share

13

Jan

1,900

5

International, Telep &Teleg—No par

$6

6,iL0

13%

25

Sep

2

36%

12%

*4%

preferred

Foreign

36%

13%

27%

International Silver common

7%

*157%

36

179%

Co com—___15

Shoe.

Interstate

23%

145

International

'

161

13%

1

Salt

161

,0

68

35%

161

—100

Aug 10

92%

35

International

*66%

*157%

com—No par

preferred

23 v

Dec

20% Feb

5%

'

4,2C0

13%

27

Int'l1 Rys of Cent Amer com__No par

29 %

Dec

99

International Paper
$4 preferred

3

Feb.

1

46%

36%

100

——

5,400

8

*7%

68

*66

161

27%

46%

13%

14%

'157%

70

7%

36%

10%

Corp.

*67:

69

27%
47

13%

*157%

*1%

„■Preferred i——.j—_.u———i_100

17

18

■

preferred
Mining

Jan

!

79%

May

4%

*7%
46%

3.9C0

36%

170%

com

7%

46%

?P0

8%

28%

12%

*9

No par

Chemical

27%

27%

7%

46%

7%
47

54%

8%

*54

35%

No par

&

8%

12%

14%

preferred
100
Int'l Hydro-Electric Sys class A—25
Minerals

*67

:

91%

7%

Int'l

68

27%

27%

54%

35%

No par

Machine

3% Mar
135

1

No par

Int'l Harvester common..

46%

.

8

*54
8

54%

.

440

13/00

12%

preferred

24% Mar

7

.2

7%

7%

32%

35

20

Corp 'common—*.—8
.
:
100

•

27%

27%
46

*157%- 161

No par

Ctfs Inc

Insuranshares

Interchemical

;

*66

preferred i—i—...—100

Inland Steel Co

Inspiration Consol Copper

8

7%
45

*94

97

26%

:-No par

common

18 % Jan

30

8

Indianapolis Power & Light—No par
Electrica De Mex, S A—
Rayon
1

Industria

Apr 25
41% Jan
8

Jan

125%
100

May 31

12% Apr
86% Jan

103

Dec

11%

30

11% Jun

23% May

Dec

*86

Nov

21% May
8% May

900

97

24%

Jan

,

24,600

83

*80

23%

56

Feb

2.900

28%

83

81

23%

15%

Feb■

34%

27%

82

28%

81

23

25%

34% Mar

34%

27%

33%

27%

80%

*94

Dec

15%

34%

26%

81%

33%

26%

100

Nov

150

34

82

34%

80%

—1000

—

ctfs

stock

7%

4

34%
28%

34%

26%

CLOSED

A

RR

38%

4

33%
27%

STOCK

EXCHANGE

80%

1

31 y8

43

15%

21%

800

*141

3%

3%

2,400

13%,
*30%

13%

13%

13%

300

91%

91%

91%

160

*57

59

3%

*103%
40

*109%
42%

43

15%

3%

*57

59

poo

100

104%

104%

104%

40%

40%

40%

111%

*109%

111%

50C

43%

2.600

43

43

105 %

*105%

105%

*105%

105%.

*105%

105%

*105%

*155

170

*155

170

*155

170

*155

0

105%

170

9,8

170

80%

31%

-■

14.8U0

25%"

25

81%

81%

82

82

82 %

1,100

32%

32%

32%

32%

33

5,200

10% r i°%

25%

26

81

82

81%

33

25%

25%

24%

26

31%

24%

32%

/"

K
11%

-

May

8% Jun 30

8

Kansas

x89

08%

Dec

23%

Fefr

48% Mar

101%

May
Dec

48%

Oct

60%

94% Jan
100% Feb

Jun

x34% Feb
52

Jan

12
11
24
3

102

Aug 22

105% Aug 30
43% Apr 12
58

Sep

7

3.80%

4%
4%

preferred—

14% July 25

1<F

16% Aug 18

Kansas

dTc

Power

May

10% Jun

1

14% Jan

7

Kayser

(Julius)

20%

Feb

21% Jan

8

Kelsey Hayes Wheel

Dec

26% July
22% July

17% Jun 23

18%

xl3% Jun

17% Jan

7

for footnote

page 2b




-—100

City Southern com__No par
preferred
f.
100

non-cum

13%

13

Class

*

B

&

Light Co com_8.75
& Co_

'

5

*10%

10%

•

!

10 Va

10%

10%

i0%

/■: 10%

10%

*100%

.

cum

Kansas

10

City Power Si Lt Co>—
preferred
,—100

101 %

*100%

101%

*100%

101%

*100%

101%

*101

105%

105%

105%

105%

104%

104%

104%

104%

*104%

39%

40%

41%

41%

700

102

*57

15%
11%

conv class A_1

*20

1

16

58 %

41
*57

41%
58%

57%

15%

15%

15%

15%

11%

12

12%

12

20%

20

20%

x20 %

16

16

16%

*15%

57%
"

15%

12%

41
*56

15%
*12

105%

.105

41%

40%

41 %

5,900

57

57

57

15%

15%

15%
12%

*12

12%

200

32,200
800

20%

20%

20%

20%

20%

600

16%

15%

16

15%

15%

1,700

*

Volume

(1097)

Range for Previous

STOCKS

Range Since Jan. 1

Year 15)48
Lowest

$ per

Lowest

Highest

share

42 y*

Feb

60%

Oct

40

Jun

6

56% Jan

40 Ya

NOV

51

Apr

39

Jun

20

46 y4 Jan

7

12%

Dec

16%

Oct

11 y« Feb

25

13% Jan

7

19

Feb

24

May

17 V* Jun

15

13

92

Oct

Jun

14

22% Sep
101 % Sep

'10% Jun

14

90

14 y2

Jun

75

Jan

62

Dec

37%

Oct

25% Jun 20

89

Nov

95% July

90% Aug 11

32

Feb

39%

Jun

x35%Feb

16

Feb

58% July

48% Feb

14

59% Aug

49

43

Jan

3

x55% Aug

40% Nov

Oct

Mar 18

98

Jan

2
8.

$ per share

$ per share

~

com

2nd Dreferred

conv

Sept. 16

Sales for
the Week

$ per share

Shares

46

47

463/4

4774

46%

46%

46%

47

43%

44%

45%

44%

44%

44

43%

43%

12%

12%

12%

12%

*12%

12%

*1272

44%
12%

*12%

12%

800

21%

22%

22 y4

22%.

2274

22%

2274

2272

22%

22%

2,600

100%

100%

*100

1003/4

1003/4

101 »/2

101%

*10072

loiy2

350

14%

14%

*14

1472

14

14

70

70

69

70

69

69

70

70

70%

30%

30%

30%

30%

3074

30%

2972

30

2974

7072
293/4

96

9672

95%

9574

220

41%

4172
58%

3,300
1,100

5574

1,600

774

13,100

STOCK

EXCHANGE

1

CLOSED

No par
io

100%

*14

14%

14%

15

*95

96 7a

ioo

95%

95 %

96

__lo

41%

41%

41%

41%

41%

41%

4174

413/8

58

58

58

58

587t

5874

573/4

58

54%

54%

54 y4

54%

55

55%

5574

55%

No par

——No par

i

Friday

Sept. 15
$ per share

share

43%

100

(S H) & Co

Kroger Co (The)

$ per

46

45 %

No par

Kress

•

Sept. 14

$ per share

Thursday

Wednesday

Sept. 18

No par

Kinney (G R) Co common
$5 prior preferredKoppers Co Inc common
4 %
preferred __i_
Kresge (S S) Co

26

Tuesday

5

Kimberly-Clark Corp

42% Aug 17

45 y2

.

Monday
Sept. 18

No par

County Land Co
Keystone Steel & Wire Co

xl4% Sep
7
71
Aug 16
31% Jan
7

Feb
Mar.

11 y2

Par

Kern

4%

SALE PRICES

HIGH

AND

Saturday
Sept. 10

Kennecott Copper

15

29 Ya

63

LOW

STOCK

;

12

104% July

YORK

EXCHANGE

$ per share

$ per share

$ per share

NEW

Highest

21

*95

*58

55%

17,800

2,000

300
250

3,100

-

4%

6% May

4% Jan

5

Dec

12

Apr

3% Jun

10

Dec

24

Mar

17% Jan

4

14% May

9% Jun

14

Jan

7

Feb

4%
17

9% Mar
42

Oct

7% Aug 17

Laclede

6

La

Jan

21

22% May
6
11% Sep 14
46% Sep 15

53% May
29% May

43

25% Aug

19% Jun 14

26% Jan

35

47

37

43

Mar

May

Jan

4

19

Dec

26% May

16% Jun

29

22% Jan

90

Dec

99

Jun

90 % Jan

20

98

10

Feb

13% May

"6% Jun

3

Dec

33% Jun

13

8% Jun

3% Jun

13

30% Mar

39

4% Mar

3 %

"1%

19% Mar

26% July

5%

Jan

Feb

56

6

Sep

5% Jan

4% Aug 23

3

3

13

4% Jun

15

X41% Jun

May

Jun

15

May

!

12

Feb

26 y4

Jun

20% Feb

25

Dec

56%

Jun

44% Jan

4

Nov

10% Apr
38% Jan

6% Jun

14

8% Mar 30

34% Jun 14

37% July 27
89% Sep 14

157

Oct

33

Nov

47

55% Mar

Lerner

24% Sep

Jan

13% Jun

14

17

Jan

65% Jun

14

78

Jan

Link

13%

24%

Jun

16% Feb

Belt

Lion

Oil

27

22% Apr
18% Aug

Feb

Sep
7
30% Aug 29"

41% Jan

14

35% May
98% July

20% Jun

14

25% Sep

Dec

95

Jan

14

15

Jun

13

Jan

$ per share

16 3/a

572

*574

5%

5072

50%

50 3/4

4
4

900

2

2

2,600

*574

1

49*78

17

163/4

5%
5074

50
*10

*574

700

57a
507a

5

•9%

1074

10 74

1074

1074

1074

10

1074

•

23 V*

23%

24%

24%

243/,

24

2474

2472

24%

54

543/4

54%

55%

55

5574

5472

543A

547a

3,100
1,500
5,300
3,500
5,600

10%

23 7a

55

73/4

7

7%

7%

7%

7%

5

3672

3672

*36 3/4

37%

87%

8874

887a

8974

89

185

-_100

•

-

186

7%
5974

59%

24

245/a

?

393/4

185

*3974

243/a

24%

14

14

*70

72

400

88%

5,000

184

*1837a

1847a

1,090

41

*393/4

183

.

*39 3/8
73/a

73/4

75/8

734

7,100

5974

59%

58 7a

587a

1,200

24%

24

243/4

24%

243/4

10,700

14%

15%

8

14%

*14%

72

*70 7a

72

xl83/4

19

i

14%

*70 7a

19%

*70

145/a

300

41

-

593/4

41

74

14

100

36 3/a

8874

247a

59%

No par
4

3674

89

59%

8

8

59%

37

88 72

18472

1847a

41

37

893/4

*38

X73/4

8

8

8

8

38

*184

393/4

>7%

8

*37

25

No par

com

1,800

17

■>

145/a

:

18 74

*70 7a

187a

18%

5,400

72

183/4

3,100

177a

11,400

69

687a

6872

'68 3/4

697t

217a

21%

21%

213/4

23 7.

23%

233/a

235/a

23s/a

23%

235/a

233/4

23%

24

1673/i

167 3/4

&

Lowenstein
4% 7*

18%

1

Corp
(Md)

Nashville

(M)

pfd

Lukens

*167

_■

NEW

YORK

<:

*167

307s

307a

307a

307a-

307a

30 7a

33

33

333/4

337a

343/8

335/8
243/4

1

24%

*9872
17%

243/4

24%

Saturday

173/4

18

HIGH

SALE

*98 7a

100

1872

18 3/a

1872

177a

187a

60

307a

3074

3474

3074
343/4
2574

900

5,000

1677a
.34%

1,800
4,600

2574

3,100

16774

170

100

3,100
'

/

2574
*98 7a

187a

100

1874

Friday

Thuvsday
Sept. 15

Sept. 14

•

$ per share

17%

y

1,000

PRICES

Wednesday

Sept. 13

Sept. 12
$ per share

$ per share

AND

253/a

25%
*98

18%

Tuesday

Monday

Sept. 10
Par

25%
100

*98

100

LOW

STOCK

EXCHANGE

$ per share

171

17

17 3/8

17

32%

10

....

19

*167

171

100

com

I

Co

18%

307a

50

& Sons Inc

series A

Steel

Highest

$ per share

4
4

2

213/4

Range Since Jan. 1

$ per share

5%
51

47a
4

7a

*16%

163/4

*574

507a

30

2,200'

2

4

'

687a

Lousville

Sep
9
21% Mar 30

Lowest

Highest

163/4

163/4

167a

STOCKS

Year 1948

2

217a

Cement

Range for Previous
Lowest

47a

2

900

2,700

4

47a

47a

74

177a

99

24%

.

*

*574

-

11

Nov

2

49%

par

(P) Co
7% preferred
IOO
Louisville Gas & Elec Co (Ky) No par

168

17

47a

4

2

4

2

4

474

4

2

200

4174

21%

Nov

20

474

4

1

40 3/4

41

41

68%

138

91

474

par

«

16%

Lorillard

4

413/4

2174

16

31% May 31

4174

673/4

Sep

23% Jan

4172

16%

24

Nov

4174

1,400

7%

20%

19% Jan

May

.

7%

7%

6772

21%

50

417a

7%

16%

Feb

25

41

*94

-

8

20%

18

Dec

25

1974

96

♦

7%

667a

Bell Lumber

Nov

96

*94

19%

*183/4

7%

No par

Long

37

1972

*94

1974
95

7%

No par

Star

20

23

*1974

19

94

7%

220

48

247a

A__No par
common
10

Lone

Jan

28

1974
96

1974
95

7 3/4

10

46

*4574

Lockheed Aircraft Corp
Loew's Inc

5

5
69% Aug 31

Jan

42

No par

23

153

*40 7a

com

preferred

conv

15% Jun

Jun

42

.No par

Co___

3% 7*

30% July
158

*40 7a

5

Liquid Carbonic Corp

20% May
68% Jun
Sep

41%

No par

Feb

Jun

233/4

*40 7a

;

Co_.

Nov

14 % Jan

24

41

Corp

xl8

x60

*23%

4072

Life

7

Jun

Dec

23%

4072

No par

Corp

Libbey Owens Ford Glass
Libby
McNeill
&
Libby__

14

23%

14 y8

Stores

10

85

57%

23%

*3972

16 3/8

Lehn & Fink Products

66% Jan

14

223/4

1

Lima-Hamilton

Jun

453/a

2372

No par

7

17

*46

45 3/a

Issued

pfd

8

41

467a

*11%

(The)

12

15

68% Dec
Jan

Corp

52% Jun

70% May

Dec

2nd

non-cum

Sep
Apr

Jun

19

15%

when

com

10 % Jan

"186

33

Jun

14

46

1174

19

x6% Jun .13

May

13%

Feb

800

g

Savers Corp_.
Liggett & Myers Tobacco
7 7*
prefeired
Lily Tulip Cup Corp—

13

170

174% Mar

8% NOV

11% May 16
24% Aug 18
55% Sep 13

72% Apr

Jan

91

113/4

453/a

*94

50c

Dec

Mar

*113/8

23%

11%

3

Lehman

8y8

8

1,000

11%

23 3/a

100

14

16%

31% Mar

100

22 3/8

*4574

com—

12

Sep

43%

82

33/4

21%

50

Lehigh Valley Coal com
$3 non-cum 1st preferred—No

12-

8% Jan

v8% Feb 21

*33/8

21%
11%

___1

No par

& Sons Co

Additional

8

77a

3%

113/4

11%

12

774

3V2
217»

3%

X22

-

Jan

24% Jan
51

22%

77a

22

*3 3/a

3%

22%

3.85% cumulative preferred
Lehigh Coal Si Navigation Co
Lehigh
Portland
Cement
Lehigh Valley RR
No

7

4

*3%

22%

7%

X774

73/a

774

774
3%

*21%

Co

(James)

77a
*3 3/a

No par

Rubber & Tire

Lees

1

Aug

15

10% May

41%

Lee

4

:

75 Pesos Mex

Bryant common
4%% preferred

10

1% Jun

July

4%

Jan

42

Co

pfd

(The)

Lane-Wells

May 24'

11% Jan

Light
6%

Co

Lane
-

Mar 21

21%

Gas

Consolid

Lambert

$ per share

$ per share

Sept. 16

Sales

for

the Week

Shares

$ per share

M
9% Jun
x35 %

Dec

129

Jan

40

Oct

142

Dec

13%

27% Jun
39% May
103% Jun

30 % Mar

94%

Dec

10

Nov

xl6%

Feb

Feb

15%

Apr

24% May
Dec

9% Feb

525

31 % Apr
131
Jan

30

9% Jun

14

27% Jun

22

33% Jan

95% Jan

6

IOOV2 Apr

490

6% Nov

Apr
Sep

10%

Dec

13%

Dec

26

Jan

5%

Feb

14%

7

18% Mar

36 72 Jan

10

5

Jun

138

430

Jun

13

Jun

6% Feb

25% May

MacAndrews

Manati

10% Apr

17% Jun

13

x22% Aug

13

87a Sep
17% Jan

Shirt

20

Marathon

11%
*450

14

11

12
Apr
13% Jan

47%

7
7

Master

9%

Nov

29% May
Jun

19 7b Apr

29

247a Aug

8

95% Jan

5

103 y2 Feb

14

12

Feb

69% July

3972 Jun

13

57% Jan

18

Dec

13

19 72 Jan

Feb

27% May
45
Oct

1174 Jun

27%

34% July 12

X165

Nov

35% Mar

42% Sep

170

Feb

15

179

38

Jun

1

46

Aug 12

84 % Mar

93

Jun

89

Jan

4

97

93

Jun

89

Jan

11

97

Aug

77% Aug
8%

Jan

85

Dec
Dec

43%

110

Apr

Feb

23

77a Jun

27

80

12% May

33

Jan
Jan

112

30
110

Jan

5

113

9

Aug 25

197a Mar 22

Sep

12

1st

preference

cum

Corp

_No par

Apr

21

McGraw-Hill

3

57 72 Aug

19

Mclntyre

Porcupine

4

3874 Sep

14

McKesson

& Robbins Inc com____18

9274 May

3

24%

197a Feb

$4

Publishing

Mines

r

227» Mar 30

McLellan-Stores

1

Co_—

__10

177a Mar 11

McQuay

23% May

127a July 14

177a Jan

Mead

96%

707a May 25

90

Sep

2

31%

Dec

46% May

28 3/4 Jun

34

Jan

12

20%

Dec

25

Jun

2072 Jan

3

247a Aug 16

Melville

Shoe

11%

Dec

19 % May

73/a Jun

14

13 5/a Jan

Mengel

Co

47

Dec

62% May

3472 Jun

30

49

12%

Jan

18%

12% Jun

14

1574 July 25
8% Jan 20

Mercantile

34% Aug

Merck & Co Inc .commons.
$3,50 preferred
No
$4 conv 2nd preferred
No
Merritt-Chapman & Scott—_No

50% May

772 Mar 21
27

85% Nov

95%

Jun

Apr 28

90

Jan

5

97

3

10572 May 25
17%

Feb

27%

Jun

18

35%

Dec

44%

Jun

307a Jun 20

92-

Nov

•

101% Nov

1043/4 May
106%

Dec

July 27

977a Jan

3

102
r

26

19% May
69% May

8% Jun

14

143/4 Jan

37% Jun

14

47% Jan
1772 Sep
24% Sep

13

14

Dec

140

Jun

12472 July 14

Nov

16

May

9% Mar

14

10% Aug
2
77a Jun 15

11

r

July

42 Ya

Nov

56%

87

Nov

98

54% Mar
98%

Oct

10% Mar

Apr
May

78

May

105 %

Jun

18% July

43 72 Feb

87

Mar

6674 Jun

10
7

10

Jan

4

10% Jun

13

104

8

-«■

onset




8-%

8%

8%

97a

8%

97a

8%

21 %

213/4

21%

2172

213/4

2172

21%

8

177a

7%

87a

163/4

163/4

23 3/8
*100

23%
102.

8

*163/4

;

,

2nd

conv

&

Mfg

Co

.No par

common

pfd

23%

23%

237a

233/4

4,400

100 74

1017a

10172

1017a

140

8 7s

3 7a

8%

8 3/a

83/4.

3,400

*12%

12%

12%

12%

*12%

87a
12%

87a

12%

xl2%

12%

2,100

48%

48%

49%

50

50

*493/4

50

*493/4

50

pfd

9772

*96 72

963/4

96%

*85%

88

974

9%

*3672

37%

113

113

*85 72

9%
37

*11272

*96

97

88

*8572

*857a

88

*857a

877a
972

1,200

38%

300

9

3/a

9%

37

3772

113

*1)2 72

22% "

22

88

9%

37%
113

227a

2274

*2274
34%

34%

x34 72

3472

99

99

*98 7a

993/4

*99

3972

39%

3972

3972

39%

*39

3074

227a

*974

*377a
*11272

*21%

343/a

34 74

993/4
393/4

*99 7a

303/4

*3072

393/4

50

113

227a

1,000
1,800

3474

40

100

393/4

1,200
400

31

30%

31

55

56

54 72

55

55

55%

55

55 %

377a

37%

3772

38

38

3874

38

38

98

98

100

99

99

*97

99

*9672

99

213/a

213/a

217a

213/a

*21%

21%

*217a

21%

2,300

*14%

14%

400

133/a

1,500

*29

*14

12%

303/4

14 74

123/4

*30

*99

217a
143/a

12%

21%
14%
12%

15

137u

15

13%

X1472
13 7a

14%
13%

5572

56

38

387a

133/a

32

31

31

*3072

32

*3072

23

23

23

23

23

237a

1

9

9

9 7a

50

*39

41

3974

40

*39

15

15

15 74

15 74

*1574

15%

8%

*7%

8%

3,100
3,700
400

31

—1

,

95

*30

common.
....

Inc_

Co

Co

3%

-

._No par

500
par

par
par

874

874

33%

333/4

95%
*110

*183/4

*7%
34

95%

*94 7a

111%

11172

9 3/8

34%
97

111%

19

19

19 3/8

36

36%

37

93/a

33%
*95
112

19%

x3672

9%

41"

34
97

9%
*39

1472
"8

33 72
95

23 74

23%

2,800

9%

97a

972

2,600

41

143/4
8%

33%
95

112%

20

207»

21%

36%

36%

36%

*39

1472
*8

33%
*94 Ya

*111%
21

*3674

14%

2,300

83/4

200

3474
97

200
150

2172

4,100

37

*101

10272

*101

102 y2

102

102

*1013/4

102

*1013/4

102

*108

11072

*108

11072

*108

110

*108

110

*108

110

12%

127a

500

—10

12%

12

11%

113/4

10

2,600

113/a

113/4

43%

44%

4472

4572

457a

4472

45 3/8

45%

10,000

17

17%

17%

17%

17

17 3/a

177a

17%

177a

17%

24 Ye

23%

233/4

2372

2372

22,700
1,200

2374

2374

2334

24

x24

46

*128

131

11

11

56% Sep

16

Minn-Honeywell

3
100

54%

543/4

9374

9474

94

94

*94

No par

83

83

84

86

87

No par

107

Minneapolis-Moline Co common—1
$5.50 1st preferred
-100
$1.50 2nd conv preferred
25

11%

12

11

Minn Min & Mfg common
$4 preferred
;
:

3,400
»

11274

pfd_10O
100
—5

130

com

20

41

36

8%

series A

200

237s

—5

Marie

Regul

23

11274

112%

10%

Feb 25

34 7,

9 74

387a
113

130

31

12872

19% July 11

22

3472

83/4

80

974
*3772
112 7a

98

103/4

16

:

32

.

—

10

97

12872

l

2,600

*96

*30

Co_.

pfd

45

96L%.

9772
967a

*90

Miami
Copper '
il
Mlu-Continent Petroleum

conv

967a

95

'Middle South Utilities Inc—No par
Midland Steel Prod com new
3

3.20%

-443A

*90

Transp

SS

97%

967a

98

22 74

45

*9672

9772

34%
.

1797a

97

8%

15

900

1,100
3,700

*9672

95

Metropolitan Edison 3.90%
4.35%
preferred series

&

44%

45

*90

——

P

176 7a

179%

95

preferred

Machine

45

10%

16

*87i

series)-—50

(1st

Stores

Min

45

12872

Sep
107% Sep
14% Jan

87a

*90

Corp

(The)
1st

179%

No par

89

50

233/4

95

\

-■

2,300
27,400

8

17

1017a

100
No par

Aug 30

7%
*163/4

23 3/a

8%
1st preferred
Minneap & St LoOis Ry

98

8

17

*89

Mesta

-

200

21%

x7%

100

series)

(1st

1

-

700

10,400

*10074

Minn St

3

12

21%

9,100

9

*16 3/4

87a
17

12

12% Jan 25

15

26.

177a

Jan

13972 Mar

16% Jun
footnote-

!

2

6772 Jun

*OT

Merch

7

6

18 y8 Jun
128

5%

Mar 14

110% Feb 24

1474 Jun

Feb

13

38% Feb

4%

22

113
Aug
9
23% Jan 20

Norris

Corp

4 74%

8

8
Aug 19

38% Jan

3

10672 Jan

15

8

-No par

preferred.

80 % Mar

8% NOV

*16 7a

39

100

24

Jan

17%

96%

—1

Feb

Jun

*16 7a

*96%

No par

_

McGraw Electric Co

July 20

44%

No par

417a Jan

13

163/4

1797a

3074 Jan

16

16%

*17672

35% May
98% Jun

Jun

16%

44%

14

xl3

8%

*16 7a

*176%

297a Jun

Jan

83/a

45%

42%

Jun

x774

874

179 72

Nov

24%

73/a

8 3/a

874

*176V2

29

Dec

480

87a

872

■

*17672

.

common

McCrory Stores Corp com_.
372 % conv preferred

15

*470

9%

872

23%

*48%

480

97a

8%

102 72

8

*460

480

9%

23%

12%

*460

480

*450

8%

-

Corp—No par

preferred

McCall

11

1,400
8,900

1374

13

Jun

83/4

41%

10

183/a Feb
15% Dec

8%

1374

Jan

100

12%

8%

'41%

34% Sep

Jan

127a

8 3/4

42

99

87

12%

9%

13

4

34

127a

97a

13

Jan

24

2,000

1272

974

42

307a Mar 23

31
May
52% May

83/4

42

90

Dec

9974

872

13

36% May
Jun

Dec

32%

*9872

9

12%

101 %

23% Mar

327a

99%

*872
123/a

413/4

Jan

29%

323/4

*9872

83/4

33

123/,

Dec

41

2/700

32%

9974

8%

42%

Feb

Jan

400

10,400

123/,

$6

Sep 13
39% Sep 14

400

;

11%

427a

88

25

11%

12%

25

Jan

11%

42

21

41%

1172

11%

12

Dept Stores
$3.75 preferred

85% Aug 16
10

1274
36
137

41 3/a

7%

38 3/4 Aug 24

May 25

480

10172

1

Co

Chemical

May

Aug 25

Feb

84

1274
*3572
*134

.100
5
No par
$3.75 cum pfd 1947 series—No par
$3.40 cum pfd
—No par
Maytag Co common
No par
$3
preferred
No par

Aug 16

Apr

47%

*16a/4

—

Electric

Mathieson

13

Jan

176

7%

St

——

7

36

137

12%

8%

20%

8%

Midland

Market

36
*134

83/4

12

1

77a Jun

103%

83/4

8 3/8

107b Feb

Dec

*98%

8%

Apr

Dec

92%

11%

8%

Corp

Marine

13

32%

9974

177s

Jan

22 %

16% Mar 18

Sep

337a

83/4

*16 7a

19%

May

17%

3272
*98

8%

22%

8

Feb

8%

*8 7c

ll%~Dec-

Dec

8%

8%

Oil Exploration

1172

36
137

'

1

6.23
Corp—.——_B
Ry 6% prior pfd—100
Marshall Field & Co com..
Nonpar
4 74 %
preferred
100
Martin (Glenn L)
Co__—
_1
Martin-Parry Corp
No par
Masonite Corp
No par

6%
15

9972

123/4

*

1%

*8 7a

_—;

Maracaibo

29

3274

*12V4

123/4

*1274
*3572
*134

1172

_8

Bros

Manhattan

8

6% Jan

32%
•

12%
353/4
137

*134

No par

Co——

Sugar

Mandel

7

•

1172

*98

,

12%
3472

34
137

11%

—1
60
_____1

RR Co

12%

34

3

.

(The)

Magnavox
Co
Mahoning Coal

12

10

*12%
*134

CLOSED

100

Inc_—

4%%

3

Mar

EXCHANGE

Macy

10

18

Trucks

STOCK

10

com

Madison

974 Aug 30
8% Aug 25

14

Forbes

(R H) Co Inc com____No par
pfd series A
—100
Square Garden
No par
Magma Copper —
10

6

6
22

Jan

-I

Working Co

&

preferred

>G%
Mack

10

Jan

500

Mar 25

15% Jun

3

19% Jan

13

7

M

20 a Jan

6% Feb 24

& M Wood

9

Apr 26

15% Jan

24

Jun

15%

147a Mar

8% July 27
10% Jun 23

21

Dec

6

54

IP/4
72%
*19

107
12

73

19%

107

11%
«7172
1974

97a
55

107

123/a
72

1974

117a
97a

553/4

9572

*9472

8774

86%

553/4

108

*10674

12%

12 %

72

72%

72

*19

1972

12%

131

97a
5574

97»

*10674

*128

10%

97a

*18%

45

*128
*11

83/4

131

1172
9

563/4

553/4

56

95%

9472

9472

87

8772

89

*106%

108

108

50

1,400
1,800
2,500
300

2,400
40

12%

127,

123/a

11,500

723/4

*7172

7372

290

1972

*18y2

1972

200

.

THE

(1098)

COMMERCIAL

NEW
Range Since Jan. 1

Year 1948

Lowest

Highest

S per share

FINANCIAL

STOCK

CHRONICLE

YORK

LOW

STOCK

'

.

AND

HIGH

SALE

PRICES

Saturday
Par

Monday

Tuesday

Wednesday

Sept. 10

EXCHANGE

t per share

t per share

$ per share

NEW

Highest

Monday, September 19, 1949

RECORD

STOCKS

Range for Previous
Lowest

YORK

&

Sept. 12;;;/// :Sept,.18

Sept. 14

.

$ per share

t per share

$ per share

Thursday

Friday
Sept. 16

Sept. 15
$ per share

$ per share

47% ';";473a

t per share

47%

Sales

for

the Week

,Shares
'

42%

Feb

73%

Feb

13

3% Jun

13

9% July

13 %

Feb

34

July

X33V*

Dec

44

Jan

Feb

15%

Jun

9

22%

Dec

45 %

Not

29% July
01% May

99% Dec

122

105% Mar
9%

15% Jun

o

14

!

Mo-Kan-Texas

Jan

20

11% Jan

8

Mojud

Carpet

Hosiery

24% May 16

Monarch Machine

45% Jan

4

56

Aug 17

Monsanto

101% Jun

14

112

Aug 16

16

111% Jan

13

13% Sep

2

103"% Jun
10

Jan

4

13

10

Dec

May
17% May

10% Jan

Not

27

Jan

16% Jun

29

11%

Jan

21%

Dec

14

20%

Jan

29% May

#

9%

3%

3%

3%

4

Co

Inc

Cnemical

$3.25 conv pfd series A

6

Moore-McCormack

Jan

7

Morrell

0

20% Sep

14

6

25% Jan

7

15% Jun

14

(John)

Motorola

18%

193/b

4

Motor

Wheel

23%

23%

*23%

23%

'23%

23%

*22%

23% ;v-

52

52%

52%

53%

53%

54 v

53

53%

53%

*108

110

110

110

•108

110

1093/4

xl2%

12%

123/4

53

53%

54

11%

11%

11%

11%

18%

*17%

18%

*17%

19%

20

20

20%

21%

21%

21%

22%

19%

19%

Mueller

Co

1

13%

13%

13%

1

10%

10%

xlo%

Munsingwear

11

Jan

7

47

Sep

16

12%

Sep

17

Jan

10

34

Dec

43

Jun

30% Mar 22

37% July 12

Deo

55%

Jan

41

ftl

14% Mar

21%

Jun

10% Jun

50

Jun

July

Inc

Jan

8

7

Wash-Kelvinator

19%

*93A

1,500
600

6,500

110

123/4

123a

12%.

x52 y2

100

111%

*1093/4

,

7,500
1.4v.o

53%

*107

300

12%

900

14,900

.

53 3a

53

53%

113/4

11%

11%

18

18

18

113/„
i7y2

17%

200

20%

20

20 y8

20 Va

20%

12,100

22%

*22

22'a

22 y2

22%

1,300

54%

19 %

19%

193/b

19%

x13v«

14-/8

13%

13%

10%

103/4

10%

10%

10%

9%

1

46

46%

46%

111%

111%

111%

19^4

46%
*110

*93/4

10

46%

45%

46%

46%

111%

111%

•110%

10

11%

2,500

*93/4

19 V*

1,000

15

14

*10%

111%

9%

46%

*110

'

110

■••A :■

29%

20%

100
10

110

f

20%

14

*9%

9%

110

110

4%

29%

,

4,100

10%

2,900

10

300

47

1,600

111%

30

12%

11%

12

12%

12%

12

90

11,900

*37

38

363/4

37%

36%

36%

*36%

37%

*353a

37

400

No par

Myers (F E) & Bros

-18% Jan

1

*19

9

Murphy Co. (G C) common
4%% preferred
Murray Corp of America com
47# preferred

6

13% Jan

14

ft

53%

4

4%

*107

.*12% "123/4

11 Vb

Mullins Mfg Corp

112% Mar 17

*109%

52%

8

4

110

*173/8

7

17

110

1093/4

12%

17% Jan

May 17

14,300

23

14% Jan

0% May 31

19»/e

23

1

33% Feb

18%;

11 %

13

109

18%

*11

11% Jun

Brass

18%

11%

No par

Corp
Corp

19%

11%

x9 % Jun

Oct

18%

.

11%

Oct

Jun

4,700

11%

Jun

May

3%

ll3a

May

14%

3%

113/4

16%
45

3%

29%'

24

112

33/4

29%

23

Dec

4

4%

Dec

Jan

33a

29%

Dec

Feb

5,000

V,

4%

Not

10

9% v

29 y8

v

15%

33%

9 3/4

4%

,

28%

13%

107%

93/4

ft

Products

3,100

93a

29'a

No par

Inc

Motor

19% Mar 80

4

'

,

10

No par

Lines

Co

&

48%

93a

9

13% Apr

Jun

48%

i

29%

9

Montgomery Ward & Co

48

48%

11% ,11%

No par
No par
Co

183/e

3%
28%

No par
com
9

Co

48

,
;

18

CLOSED

1.25

Tool

23

16% Jun

STOCK

EXCHANGE

20

$4 conv pfd series B__
Montana-Dakota Utilities

59% Mar 29

3

20

93/4

Mills

4

Oct

9%

—

Mohawk

13

65

473a

93/4

__No par

com

47%

5

preferred series A_—
-100
Missouri Pacific RR 5% con pfd.100

5% Aug 16
35

RR

19

7%

Jun

47% Jun

19

juju

Corp
Mission Development Co

14

21% Jan

Apr

10%

Sep

25% Mar 30

3% Aug 16
i Jun
6

May

112%

Dec

47% Mar

Mission

6

10

25

9

v

54% Jan

•

14

7% Jun
4

38% Jun

Jun

*46

48%

*45%

43%

*45%

48%

*46

48 y2

*45 V2

48%

11%

12

12

12

:

N
20

Feb

82%

Sep

22

18

Dec

29

Jan

14

17% Jun

4%

Sep

10% May

5

Feb

13% July
17% Mar

9% Jun

13

10% Jun

45

28

Jun

30% Jan

3

9%

Nov
Mar

July

V 26%

Feb

32%

Oct

162%

Oct

175%

Jun

5%

Nov

32%

Deo

6

9%

Deo

Acme

9%

4

41

185% Sep

Jun

5

13

Sep

20%

Jun

xll7/a Jun

14

Oct

96% May
38

Jun

102

Oct

177

Jun

169% Jan

130

Not

Apr

135

147%

6%

Dec

7%

Feb

15%

Feb

24%

Jun

ft °eo
20

18%

Not

■t

34%

343/8

33%

34%

34%

34i/4

7,600

17%

17

17%

No par

16%

16%

3,000

20%

20%

20%

20%

20%

17%
20%

203/b

20%

205/8

20 3/4

20,700

105/a

4,200

National

7

33 Ya Jan

21

National

Sep

149

15

Lead

15% Feb ;11

19% May 16

15

86

21 Vb Jan

4

3

4% %

Natl
i

May

12% Jun

10

Feb

104

Jan

xl01% Jan

12

103% Aug

4

85

May

Mar 28

x35% Sep

13

101% Sep

14

14% Mar 17

3

Range

Highest

8

Bros

12%

12% Jan

70

8% Jan

Aug
July
26% May

42

90%

Not

94

84

Deo

65

Feb

84%

Oct

31

Not

43%

Dec

18% July

39

Feb

Feb

20

;

July
July
28% Apr

13% Jan

56

13% Jan

13

0

81

140

Jun

10

Jun

Jun

48

Feb

14

225

Feb

10

250

5% Jun

13

20%

Feb

80

Not

96

Jun

14%

Feb

19%

Oct

21

Jun

23
55

York

New

York

Apr 23
Mar

$5

33% Jan

21

4

99% Sep

12

15% Feb

25

19% Apr

St

7

86

7

Jun

51

Sep

3

94

Aug 26

4

21

Jan

10

16

16% May

14

Jan

3

$3.75

28

59% Jan

10

7

28% JaD

20

3

20% July 19
11% Jan
7

North

85

Northern

Jun

15% Jan

13% May

8 Vb Jun

14

82% Mar
25% Feb

38% Jun

31

Jan

16%

14

27%

11% Jun

13

16

jun

75% July 22

Jun

Mar 24

Feb

Dock

Deo

17% Mar

7

3% Deo
10% Mar

0

13% Jun

7% May

14
15 if

36

Jun

Norwich

Deo

92% Jan
20% Feb
16% Apr
22% Feb
92

Mar

fe%

Deo

St

Deo

i. 30

27.

Jan
Jan

144% Not
15% Not
SO

Deo

07% Dee

*®b

$4%

jun

103

'

3

27% July 26
9954 Jan
3

Jan

43

27% Jan

,

Jun

<33

30% Sep

Sep
33% Jan

18% Jan
86% July

*109% July,
12% Apr

'

14

100

Jan

91% July 26
6% Feb 11,
79% July 13

23

Jun

31% Jan

•

18% Aug 22

27%
154

28 -Jun

Jan

23

89

Jan

148 *

Jan
.

fl

64% July

7
3

dan

8%
00%

Dec

18% May
May

11% Mar 29

15

8

Jun

Sep

it

51

>4%

Feb

Sep

4S% May

For footnote^

•

™

29
?k




-

,•

Jan

•

8% Jun
90% Jan 10
_

>

22% Jan

343/4 Sep

15

49%

Anr

-

13

Jan

.11% Jun

Feb

73% Jon

99

-

165

;

.

7

14

Aug 30

"16% Jan 24
»

79 '

Jan

28

59% Sep •» 7

14

Jon

'•.«

100

10%
10%

1

11

*13

13%

*13

Amer

Coast

Aug 16

40

Jan

17

10%

2,400

103/a

10%

1,500

13

13%

*13

13%

*13%

13%

io41/2

*1021/2

104'%

351/4

351/4

35%

900

•*100

101%

101%

101%

*iooy2

1021/4

*100 1/2

1021/4

10

*102%

*100

LOW

STOCK

Saturday

Monday

Sept. 10

HIGH

9%

10

9%

97

53

10%

10%
67%

67 3%

68%
v

10

Co com—100
A
100

11

11%

12%

9,400

68 %

68%
26%

*67%

68%

50

26 %

26%

3,300

27%

27%

27%

900

10%

15,400

73%

2,700

10%

10%

12

23%

*21

10%

23

74

*50

56%

245

24%

24%

99'/a

99%

*17%

17%

11%

*72
129

129

700

12

11

11

300

*21

23%

*21

23

11%
23%

•50

245

6%

72

129

*11%

128%

*21

*50

56%

*230

56%

*230-

245

6%

6%

25%

24%

25%

25%

25%

99

991/2

*98%

17%

17%

17%

100

17%

17%

49

49%

49

49%

94

94

93%

93%

S.fo

19%

19%

19%

19%

1

8%

8%

8%

8%

6%

6%

493/4

253/4

*94

94%

*19%

20%

1,700

81/4

8 5/8

2,900

8%

Co

233/4

24

25

49%

50%

495/8

50%

495/8

49%

27%

•-27%

27%

*27%

27%

*271/4

273/8

17%

18%

18%

9%

18%

9%

79%

i8y8

9%

"78

93/4

•78

34%
15%

34%

34%

34%

34%

35%

34%

343/4

15'A

15%

15 3/8

16

153/4

16

15%

15%

10%

10%

92

10%

92
108

SO

10%

9%

18'A

343/4

No par

108

108

10%

.:

150

10

5,600

18

'

343/4

2

2

27,800

93

108

183A

13%

103/4

*92%

*1075/8

18%
*34

40

16

93

10%

2

y,ooo

5,300
18,800

108

103/s

13

23,100

108

-

10%

343A

2'
123/4

10%

103/4

800

3,000

93

/

18%

*34

13A
12%

10 3/4

92%

108

10%

18

343A

1%

12%

2JO

IO5/8
92 Vz

92%

107%

9%

10

10%

92%
•

93/8
78

34%

17%

Co

9%
78

34%

108

181/4

18

9%

49%

220

273/a

79'A

10

No par

25

49%
*27

18%

9%
*78

79%

x25

253/8

18

18%

9%

79%

*25

25%

.100

common

495/8

83A

49%

9%

7,100

49%

233/4

*78

51

1,600

21

48%

.1

1,400

94

*27%

.80

360

173/4

49%

21

•25

2,200

253A
991/4

175/a

17%

*20%

83/4

83/«

6 3%

253/8
99

94

94

20%

20

56%
245

6%

100

2ft

10

Gas

49

♦933/4

*51
*230

245

6%

*oc*

10'A

10%

71
*127

74

128 %

56%

*230

6%

10%

10%

723A

127%

Corp—

Co.

10

27'A

*113/4

4

Ry

10%

10,500

*67%
26%

11%

*6

3,600

11%

10 %
97

27%

71%

*50

54

10
*95

26%

126%

*230

533A

10

263/4

71 %

/

53%

27%

11%

80

95%

53

27

127%

No par

9%
95%

54%

27%

*126%
*21

10
97

53%

.

26%

•■■-v-

27
10%

71

Shares

27

26%

27

for

the Week

*67

11

26 %

Sales

11

52%

*67%
1

Sept. 16
$ per share

10

52

10%

CLOSET

Friday

Sept. 15
$ per share

*95

97

51%

EXCHANGE

Thursday

Sept. 14
$ per share

10

*95

100

PRICES

Wednesday

Sept. 13
$ per share

*95

STOCK

SALE

Tuesday

Sept. 12

l

Co

101%

AND

$ per share

$ per share

No par

*34
0

*vl

'

.

-

13%

13%

MO

10%
18%

/

*18
r

343A

*18%

34

"341/8

320

1,900
50

•>%

*13A

21/8

400

13% '

13%

131/4

3,900

f:

_ft

distributed"

preferred

i

i§
100

.

f

r

19

j 23 %

.87

1

,.

33%.

>

*163%
*13
:

V,

*70

57 3A

13%
10

< ;i-.

93 V*

7%

;v»87

*19%

,

33%

165

♦8'%

58

13%
9

non-cum

No par

*50

52%

non-cum

No par

►29

29%

330%

.

31%

i;
"

943A
:•

31%

•

•18%

88 i

,

*87

30

'

25%

-

«

:.t

-

3,300
43,600
130

30%

18,000

30%

24 % *
95 %

"

-

*18%

19

19

400

24%

243A

*94%

9534

80

7%

7%

1,800

-7% /" 7% *

*87

88% ' i

31%
30%
106 y2

30% '

24%

>,
,

31
30
*106

95%

3

95% ^

31%
30

106%

*18%

7% ' *

7%
'

*. *106

19

"<24%:
"•94 VI

7%

31%
29%

30

106%

88%;-

87%

88

5,900

7U

'

33%

75

31%
297/b
*1053/4

31%

<

O

•163%

133A
J.

31%

r"

7%
87

31

r:24%-^24%

,

93

,

fc

,

24%.
-

::

,./*18%V19

*19.; • 20%

(.

i

31

29%
30
jv ./X 10531^1053/4

31%

...

7%

f

12 .SO

30%,

.*92%

.

-f

Inc.

common

'

29 3A
106

..

19

.2.90

CO

Fisheries

106

-

pox

A—ISO

30%

-

29%

.

I

—No par

Glass

30%

<

No par

;

2nd preferred

10%

10%

35%

common

Co

103/4

10'a

*102%

common

preferred

10%

10%

35%

preferred
Outboard Marine & Mfg

1st

10%

104%

6%

Pacific

4

10%

310

1,900

35%

Collins

Pacific

Apr

*10%

*102%

Rubber

Co

Co

10%

35%

_100
__Nopar
Elec 4# pfd—SO

Owens-Illinois

*10%

104%

Telegraph

Otis Elevator

10%

303a

X35%

Ry

&

30%

*83%
30 3a

101/4

13%

30%

*102%

Aviation

"when

7

71

6,900

10%

Co

8 V 'ConTertlble

Outlet

171%

XlO%

preferred

Oppenhelm

200

10%

"4%# convertible preferred— 10o
Omnibus Corp (The) common;
'*
.

241/2

10%

Co

Co

10% Jan 18

6
1

;

OH

*24

*10%

Oklahoma Gas &
OllTer Corp common.—___No

"

Jun

Ohio

>

19% Mar

,

20 ".

4.40#

9

25

*10%

preferred

Tire

Edison

*24'a

103a

No par

Pharmacal

Common

10

106

'

23% May 31 i
17% Jan
8

Ohio

May 18

24%

10%

O
16%

24%

U

Western Ry com

Central

INorwalk

25

*10%

25

35%

Northwestern

16

24 %

7,300

104%

$4.80 preferred
Northwest Airlines Inc
4.6% preferred

11

3,000

auu

Pacific

4% Jan

600

81%

25

Natural

13% Sep

1% May 21
11% Mar 2

14% Jun

22 5/8

81

*35

Gas

American

4

ft

22%

81

*10%

100

Elec &

American

Jan

%

22%

803/4

%

1

Co

Northern States Pwr Co (Mlnn>—
Common
No par
$3.60 preferred
No par

11% July 22
19% July 25

32

27% May
40% Apr

;83% Jan

Jun

ft

*22%

813/4

*

100

RR

Northern

10% May 13

%

22%

81

84

preferred

Northern

94% Aug 11
109% Mar 22

%

22%

80%

17%

...

&

%
22

80%

17%

common

Chemical

North

36% Mar 17
17% Jan
7

8% Feb 28

Not

%
22

83%

Central

Adjustment

18

84
Apr 29
107% Feb 15

Mar

Nopco
Norfolk

1,400
1,200

xl7%

preferred

6

%

x83%

Industrie!
Electric Corp

9

Mar

20
•

18%

Noollti-Sparks

26

6 5/8

17%

31

& Light 3.90%
pfd
100
Shipbldg Corp partic stock
1

Noma

148%

6%
17'a

63/4
17

843/4

Brake

Harlem

48% Sep

67/b Jun

Air

Common

16

*147

*6%
17

18

N Y Power

N Y

148%

*147

30%

N Y New Haven & Hart RR
Co.100
Preferred 5%
series A
100

21% Jun

90

17%

84%

100

YORK

non-cum

N Y

9

9% Jan 21

Jan

109%

6 3/4

17%

18%

No par

Not

78
Aug
103% Oct
! 8% Not

147%

*6%

31

6

28%

Deo

,147%

6%
17

183

84%

York

62%

93

147%

x6%
17

*182

30%

New

Feb

Jan

*146%

6%
17%

183

18

No par

Dec

8

181%

84%

City Omnibus Corp

Aug
14% Mar

>

183%

coramon.No par

^ St Louis
preferred series

6%

17% July
36% Jan

17%

*181%

30%

N Y

91% Jan

88
Jun
25% Jun

25

183%

6,700

18

«

14

48% Sep

Jan

*181%

4,000
/no

84%

preferred

N Y State

Deo

325/a

17%

common

N Y Chic

21

26% May

5

New

Jan 21

59

Mar

Deo

32>/2

30%

Newport News Ship & Dry Dock_l

7

Jan

14% Jan

20

20% Jun

14% Jun
89% July

13%

32%

84%

England Elec System

4%%

Apr 12
33% Jan 12

255

81

32%

lo
100

Jersey Pr & Lt Co 4 % pfd—100
Mining Corp
10
Newport Industries common
1

35

81

20

323/4

9 3/4

9%

*24%

New

10

14

49% Jan
Jan

32%

%

Newmont

72% Jan 27

117% Jun 13

Jun

New

8

30

27

,

33%

80

Par

99*2 Juiy Hit

Apr

9% Jun

92

6% Mar

60

33

21%

EXCHANGE

59% Jan

14

Mar

200

14%

94%

ft

share

10% Sep 16

3

Mar 21

Jun

24% Jun 14

144

11% Mar

Fibre

Inc

NEW

23% Jun

Jun

12%

$ per

9% Feb 25

Jun

20%

121

145/8
*92%

80

preferred

Highest

$ per share

99

Feb

Since Jan. 1

Lowest

$ per share

Not

38

14%
93%

STOCKS

Year 1048
Lowest

90% Mar

14%
93

8%

10

Newberry Co (J J)
3%% preferred

Range for Previous

V

15%
93

21%

com

Co

4% %

8%
*92

No par

Corp

Neisner

2,400

Xl4%

No par

Co

Vulcanized

Nehi

14,700

—No pot
No par

Tea

Natomas

3,300

7

10%

8%

6%
17

.26

8%

81/4

63a

15%

No par

preferred

National

11% Apr
2
13% Mar 30

*27% Mar

ex-dist

Shares

Corp
Corp
National Sugar Ref Co
National Supply (The) Pa

Sep 13
12% Apr 20

20

Lt

&

l

8i/s

83/b
7

32%

32%

Cast.Nopor

8%

93

146 VB

Steel

National Steel

24

Jan

Power

National

31

13

Natl

4

*8

8%

7

14%

146%

National Linen Service Corp

Nati Malleable &

8'A

7%

93

182%

21

7

8%

182

"12

8%

7

34

14%

100

Co

8%

,

34

93%

14%
*92

preferred A
&% preferred B

Sep 16

8%

8%

1

6% Sep

x80'/b Jun

Sper share

12.50

19% Jan
H Jan

8%

No par
common...
10

7%

Aug 19

93% Jan

Prod

15

25% Aug 19

Jan

Distillers

Nat

Feb

28

98%

Department Stores

16% Jan

21% Feb

29

3,400

17%

22%

Feb

5,200

34%

Jan

87

140

5%
34i/2

5%

17

94

100

5%

34%

34%

183

9% Jan

5%
33%

5%

17

91% Jan

Jan

5%
33%

34

13

Jan

5%

33%

33%

15

19

5%

32%

*16%

21

19%

5%

32%

300

7,900

184

ft

x% Jun

12%

5%
32%

184

No par

19% Jan

Not

185

185

National

73% Jun

9

185

34%

10 3/8

Oct

12% Not

185%

*184

12%
401/4

34%

10%

Jan

9% Not

184

185

34%

6%

95

13

9% Jun
9% Jun

*184

34%

10%

80% May
15% May

Deo

34%

34%

121/4
*38

7%

80% Not
10%

34

35

13%

10%

May

25% July

34%

34%

12%

10%

21

Not

39%

*39

10%

26% Jan

Not

12%

39%

13%
40%

10%

1

114%

;i3%

12%

40%

13

12%
*39

7%

28

19% Not
81% Mar

13%

12%

12%

12%
40

10%

4

Jun

13%

12%

12%

110

6%

4

Jan

12%
12%

1,600
20,000
2,400

10

Enameling & Stamping
National Gypsum Co com
$4.50 preferred

5% Mar 10
14

7%

10%

Aug 18
14% Feb 25

86% May 13
25% Apr 14

Jan

7%

1

21

13

15

7%

No par

Cash Register

Cylinder Oas Co
National Dairy Products

34% Aug 12
17% Aug 18

29%

73/b

1

10

7% Jun

7%

l

14

17 % Jun

7%

Container

13% Feb

Deo

7%

10,800

City Lines Inc

27% Feb

14%

700

7%

13%

National

Jun

22% May

21%

13%

l37/a

National

May

Deo

25%

215/s

40

100

Corp

25%

213/4

National

Jan

21

Not

Can

25%

213/4

11

12

82

,85

v

National

^

10

common

*24%

21%

National

14%

17%

Co

133/4

25%

21%

87/b Aug 19
9% Jan
8

13

9% Jun 13

12%

Biscuit

14'A

*24%

5

24% Mar
Dec

4

preferred

13%

25

21%

13%

7%

12%

ft

7%

14

24%

21%

7%

1

Corp
Co

Battery

National

15

35% Aug

5% Jun 13

Jan

Fibres Ine

13%
25
21

21

1

Automotive

National

7% Mar 29

6

13%
*24 %

1

National Aviation

Aug 28
35% Sep- 1

13

14% Aug

National

16

13% Apr

14

ft

160

St Louis

Co

National Airlines

4

Apr

13

4% Jun

9% May

13%

10% Mar

Chatt &

National

13% Sep

30% Jun

Jun

Nashville

3

170% Mar 15

9% May
48

Feb

Jan

21

11

28

13"

8%
29

Corp

Jan

23% Apr

Jun

13%
•

•*70

•> .—..58

20%'.

"34%
165"

%

*193A.

34

20% -I

343/4

-v;

•163%* 165

*19%
...

33%

♦163%

20%%
34%

*19%

20%

33%

33%

;

164

165

13%

•13%v

133/4

*13%

133A

75

•70

75

*70

75

' '

58%

-

58%

164

*13%

13%

*70

9,900
150

75

57%

5<j3/4

58%

13%

13%

13%

13%

*8%

8%

8%

8%

8%

8%

*83/4

►50%

52%

*5oy4

52%

*50 J/4

52'%

*50%

29

*29

29%

29%

29%

*29 »A

30

100

52%

*

58%

<

58%

3,600

13%

800

"

29

*13

133/b

13 Vb

9

140

100

Volume

170

Number 4839

THE

COMMERCIAL

NEW
Range for Previous
Year i»4H

Xj. Lowest

V

$ per share

$ per share

Range
/

Lowest

Since Jan. 1

$ per share

21%

Jun

18

Peb

36%

Jan

30% Jan

3

47 % Mar

29%

55% July

Dec

44% July

50

Jun

27% Jun

21

14

Apr

34

6 V

Jan

«

34% July 20

Dec

104%

Jun

89

Peb

7

103% Sep

8

Nov

147

Mar

135

Jan

5

147

Sep

9

Apr

2% Jun

1

Jtkii

6

62% May
5% May

29% Jun

13

43% Jan

10

39%
v>'

Nov

Dec 11
8% Nov

6%

4

46

4% Jan

5

Packard

3

10% Apr

5

Pan

10

16-

Jan

3

Pan-American

49% Jan

5

59% Apr

14

Feb

23

Jun

28

95% Jun

5% Jun
15% Jun

13

11%

Dec
Jan

Western Oil

13

May

Feb

May

105

Jun "(

102% Jan
8% Apr

18

20

14

Jan

Motor

34%
2

Feb

51

Mar

May

23%

Dec

3% May
83% Jan

24%

Nov

30%

6% Mar
9

Jun

10
May
16% Jun

Feb

102% Peb

8

104% Jan

7

18 % Jun

14

24% Feb

3

18 %

26% May

Sep

14

37

Aug

4

21% July 7
42% Mar SO

1% Jun

9

24% Jan

3

30

2

26% Aug
7% Jan

3

Parker

15

7

Parmelee

9% Aug 30

14% Jan

18

Jan

4

19% Jan

10

23% Mar
Jun

x6

2% Peb

5% Aug 31

15% Sep

6

27

Deo

$7

Jan

27% Jan

31

38%

Feb

49% Jun

42% Jan

3

7% Jun

14

Dec

15% Jan

Feb

21% Nov

17% Peb

5

Dec

34% May

23% Jun

6

Oct
Dec

112

Jan

20% July
22% May

16%

Dec

35%

Dec

48

Feb

120

103

3

Mar

1

15

15

57

57%

563/4

57

100

21

May

102

1

6%
18%

preferred

100

Jan

5

9% Jun

14

May 18

11

105% May 16
13

*102%

103%

193/4

Sep-13

6y4

19

21%

21%

24,800

19

19

♦18%

19%

1,500

l

39

39

*33%

39%

39%

*38%

39%

1

2

2

2

Consolidated Mines

Parke Davis ds Co

Rust

Patlno

CoaJCo

Pea body

5%

25%

25%

26

26

common

5

25

6%

Pet Milk

4% %

55% Aug 11
102% Aug
3
May 17

$6 preferred
Phila

Co

25%

26

6 %

6%

6%

6%

6y4

•

■

32%

32%

321/a

32%

33

53%

54 y8

53%

543/a

54

54%

9%
223/4

22%

28%

*25%

118%
9%

.

*105%

107%

*105%

107%

12%

12%

12%
X24 %

23

83/4 "••/

13

24%

463/4

43%

54%

24%

47

42%

55

.^101

55

101

9

100

'

,

24%

101%

22

Nov

25%

Sep

23% Jun

8

Jan

115%

Jun

110% Apr

6

26% May 16
115% Aug 17

4.4%

preferred

100

115

91

115

115%

115%

Jan

103%

Jun

98

Jan

7

104

Aug

8

3.8%

100

101%

101%

*100 %

102 %

102%

•100

105

Apr

8

1

43%

100

110

110%

*109

110

110

110

7

,153/a

14

Jan

21% Nov

11% Jun

28

110% Sep
19% Jan

28

Jan

45% July

22% Jun

28

40% Jan

7

81

Sep

91

80% July 11

88% Feb

8

49% Sep

13

39%

Dec

37% Jan

4

97%

Jun

93% Jan

3

82%

Nov

11

88%

Oct

Dec

13%

Sep

87% Jan

92 %

Aug

54%

Jan

77%

Jun

10

Dec

14% May

Jan

6

10% Feb

10

88

87% Aug 18
51% Jun 14

7% Sep

8

102 % Aug 24
93

Sep

15

12% May 14
90

Peb

11

64

Apr

19

11

Mar 30

Phila 6c Reading Coal 6c Iron—.
Phllco Corp common

1

15

3

,27%

28%

preferred series A
100
Philip Morris 6c Co Ltd common
5

86%

86%

4% preferred
3.60% preferred

Phoenix

Lowest

$ per share

NEW

$ per share

34%

Jan

Jun

13

Apr

103%

Jan

100% Jan

5

105 y2 Apr

4

Jun

113

Sep

100% Jun

22

100% Jun

22

10%

Dec

80%
26

15%

Dec

93

11

Jan

79

3

323/4 Aug 26

14 y2 Mar 14

19,200

8%

100

LOW

Saturday

$ per share
•

30 3/4

30%

30%

103%

103 %

*103%

100

*90

30 %

104

30%

com__No par

y

$ per share

$ per share

$ per share

"90

100

11%

•11%

11%

*90

Thursday

*103%

100

*90

*82

*147 %

153

♦147%

153

"162 %

165

*163

165

34%

35

7% Jun

14

Feb

20

Jun

170

Dec

Apr

7

175

96

Oct

65% Jun

21

88

70%

Dec

15

Feb

82% May
26% Oct

593/4 Sep
14% Jun

161

Dec

July

46% July

93/8 May

135

136

15% Jan

7

May 18
Jan

24

8

71% Jan

27

15

21% Jan

Aug 12

Xl9 % Jun

14

147

Peb

24
1

29

Apr

4

12% July

Dec

24

11% Sep

8

36% Feb

11

503/4 Apr

18

16% May
14% July

Feb

8 3/4 Feb

70 3/4 May
46
Jun

Jan

8% Jun

32

Mar

3

14

10%

10%

10%

10%

11%

15% Sep

16

Potomac

10

14%

143/4

14%

14%

14%

24

Pressed Steel Car Co Inc

1

5%

53/4

preferred series A—50

*23%

24

13

Feb

2

81

Mar

94

85

Jan

14

90% Mar 17

38

28

3

45

Sep

1

Dec

39% July
24% Jun

Jan

20

20 y8 Jan

3

25

Sep

16

25

Dec

30% May

25 s/8 Jun

13

28% Aug

8

Jan

30 y8 Feb

25

37

May
108% Sep

24 5/e Jun

14

107

Apr 30
32% Apr
4

Jan

6

July

25% Jun

17

29% May

10% May

Dee

15% Jun

19

20% Jan

77/a

Peb

18

633/4

Feb

67/a

Oct

75% May
11% May

89

Nov

98%

253/4

Dec

22%

Peb

X36

31

Jan

35

May

Jun

9% Jun 28

109

July 11
9

1*

4%%

com.

Publlcker
$4.75
Public

Service

Co

39

Jun

28 % Jun

29

15% May

10% Jan
18

Dec

18

Dec

14%

173/4

Dec

25% May '

8%

Dec

of

(The)

23%
69%

67%

16

163/s

16

No par
Colorado...20

85%

85%

86

85%

85%

85

44%

45

44%

44%

44

44%

44

44 %

44

No par

23%

23%

23%

24%

23%

24%

23%

24%

24%

com__No par

28 Va

283/a

28 %

28%

28%

28%

28%

28%

32%

33

32%

33%

33 VB

33%

33%

33%

No par

30%

31%

31%

31%

31%

31%

30%

31%

31%

107%

107%

*107%

108%

*107%

108%

*107%

108 V*

200

27%

27%

1,300

12%

74,600

com

preferred

100

Parity Bakeries Corp

No par

Radio Corp

66

$3.50

$2

4%

6% Jun

14

99

Aug

73

293%

Jan

2% Dec

5%

11% May

Por footnotes see page 26.




3

8 Va Apr

13% May
6% May

Aug

26

Jun

17

27%

28

28

28

Co

non-cum

2nd

f 68%

%v

200

.7,800

'

16%

4,500

85%

290

;; 44%
25

24,800

28%

28%

15,800

33%

33%

9,800

31%

19,000

*84%

85%

28

23 •/<;"/

X23

28

113/4

12

11%

12%

72

72

72%

73

75/8

*99

*263/8

100 V*

27%
25%

31%

31%

75/8
♦99

75/a

100%

7%
♦99

113/4

12

113/4

72%

73

73

73/4

7%

8

100%

♦99%

100%

263/4

263/4

253/4

26

27%

27%

*26 3/4

27%

255/8

263/4

26%

26%

313/4

31%

31%

♦31 '

*31

'

73

73/4
*93

5,000

19%

*19 3/e

193/4

19%

*19%

19%

*

*373/8

38 %

*37

38

.37

37

*37

50

*31

32

31%

31%

♦30%

32

•30%

113/4

*11%

19 V*

27%'
26

19 %

400
200

317/a
11%

♦19%

193/4

11%

*11%

113/4

11%

.11%

19%

19%

20

20

20

193/4

193/4

50c

dlv

14%

143/8

14%

15%

14%

15%

15

10

*6%

7%

*6%

7%

*6%

7%

*65/S

7%

*6%

22%

22%

22%

22%

*20%

22%.

*20%

15%

15

prior preference
Reliable Stores Corp
No
Reliance Mfg Co common
Conv

pfd 3%% series
Remington-Rand common
$4.50

preferred

6% May 31
43/4 Jun
6

Reo

'

100
:

2% Jan

3

Republic Pictures

5% Jan

4

200

900

15%

11,000
*

par

•21

5
300

51

50c
25

Motors Inc

700

193/4

*30%

11%
♦18%

Inc

,

(Robt) 6c Co—

$1.25

2,700

38%

r

*11

32

5
No par

com

700

/•

31%

31%

38%

193%

1,100
30,200

■; 100%

27 Ve

*37

*iV':v

8

•253/4

31%

50

preferred

Hosiery Mills

Bros

113/4
71%

7%

25%

50

common

1st preferred

Silk

113/a

•

1

non-cum

4%

Rels

50

273/4

25

Reeves

Aug
15% May

108

*85%

71%

No par

preferred

Reading

Real

preferred

14

4

27%

of America com—No par

1st

11% Jan

183/4 Jan

108

.

Quaker State OH Refining Corp_10

Reed Roller Bit Co

4% Jun 29

:

5%

68%

common

14

Jan

5,200

5%

•23%

Inc

Pure Oil

Jun

13% May

Dec

May

3

5%

!«:/ 5%

16%

Rayonler Inc common

—--

8,200

69%

14

Dec

15 V*

23%

17

Feb

15

16%

14

10

900

15

69%

26% Jun

31

1,800

11%

23%

213/8 Jun

14

6,100

45

11%

16%

233/4 Jun

13

14%

&v!':

43%

433/8

*43%'

11%

69%

Jun

Jun

*11 %

6

:*11% ''11%
&

43

23%

4

173/4 Jun

43%

42%

16

92% Jan

36

11%

43

100

1,700

21%; 21%

69%

Jun

Apr

/

22%

290

140

*23%

Radlo-Kelth-Orpheum Corp
1
Ralston Purina Co 3%% pfd
100
Raybestos-Manhattan
No par

45

*137

400

153/4

14

27% July

16%

69%

15

Feb

60%

*16%

23%

Jun

Feb

60%

16%

.

15%

com

663A Jun

36%

5% #

2,000

vy^v

73-

68%

$1.40 dlv preference
Pullman

conv

6

*11%
/

9%
145

73

8

Inc

preferred

Pub Serv El 6c Oas

5%

v5%

11%

3,900

No par

Industries

cum

•

*11%

"

9%

5,200

'■

No par

Procter 6c Gamble

x7

163/4

-

Co

July

34%

Dec

conv

Power

12%

•

*127%

140

22%

14%

8% Jan

*11%

73/a

60%

*137

23%

No par

Jan

SS

x22 %

~10

"

7%

:

60

43%
11%

Electric

/

34%

73

•15%

44%

69% Sep

Feb

i 23

1,500
1,100

164

34%

9

73

140

43%

22

Feb

23

*136

44

14

101%

140

23

22%

*136

9

16%

44%

class B

154

164

73/a

*127% 145

60%

*16%

44%

57% Feb 26

X25

16%:

140

*136

60%

61%

44

14% Jun

42

60%
16%

9%
74

44

28% May

53

16%

Co

14%

*149

165
34%

7%

150

73%

12%

71%

Feb

60%

9%
*130

74

43

Feb

Nov

60%
♦153*

9%
150
v

44%

Feb

32%

72%

"130

433/4

Nov

X25%

72%

42%

18

Jan

72

Poor 6c

28%

14

143/b
154

34%

7%

♦11%

62%

Apr

9%

9

preferred class B
100
preferred class A
100
5%% 1st ser conv prior pfd—100
Pittsburgh & West Virginia
100
Pittsburgh Young 6c Ash pfd
100
Pitts ton Co (The)
1

♦135

5%

7%

1

22%

Mar 22

-

par

1%

150

7%

5

113/a May
35% May

21

9Va

7V4

S

Jan

Jan

*149

•163

Pond Creek Pocahontas.

Nov

13

•'

'>'%

35

Hough Inc
Plymouth Oil Co

57/a

4% Jun

/./ 7%

34%

44% Sep 13
12% Mar 30

12%

12% Apr 21

7

par

30
600
70

28%

28%

'

lo

500
,

83

35

Feb

;

83

165

Jan

:j

7

12%

153

73%

V

100

•11%

34%

7

31%

103%

*90

12%

♦162y4

83/e Jan

$ per share

103%

*30%

303/4

♦11%

♦147%

Pittsburgh Plate OlaBs Co—
Pittsburgh Screw 6c Bolt
No
Pittsburgh Steel Co com
No

Shares

104

12%

14%

V

for

the Week

12%

28

Pitts Ft Wayne 6c Chic Ry com__100
7% gtd preferred
100

Sales

Sept, 16

12%

*82

142

11%
90

100

30%

30%
104

14%

•82%

94
-

;

1

Friday

Sept. 15

28%

No par

*921%

•

$ per share

82%

preferred

-

PRICES

Wednesday
Sept. 14

♦103%

100

SALE

Sept. 13

as

Pitts C C 6c St Louis RR

HIGH

Tuesday

Sept. 12

Sept. 10

common

AND

Monday

14%

13

Nov

59%

:V.*7%

283/4

6% Jun

Feb

58%

8%

82 %

Jan

6%

59%

*7%

14%

10

Dec

58%

8%

83

Nov

Dec

60%

*7%

28%

7

83/4

593/4

<V';

14%

26

10%

587/b

8

83

Jan

78%

58%

8

28

Aug 31

52

58%

*7%

14

149

8

*57%

28

170

113%

—No par
$

83

x35y2 Sep

17%

*88

93

14

13

32%

*11

90%

93

28

26

11%

11%

♦88

;■?

1

28

29%

*11

90%

94%

1

Jan

•33

11%

88

Pitts Consolidation Coal Co

283/4 Jun

Jan

*11

Pittsburgh Porglugs Co

156% Jun

"20

*92%

7

Jun

9,900

;

90%

7

Apr

150

49'/s
102

♦100

11 %

Peb

July

8,200

94%

Jan

39%

Wi:;// 481/2

49

5.500
y

87

*88%

85

169

n

100

*92%

163/4 Jan

155

87

103

32

Dec

26%

48 V*

•100

7

Feb

145

H%
293/4

15

Dec

10%

143/4.

13

30

30
300
;

29'A

49%
102

1,400

-

*11

No par

convertible

110

■■

11%

preferred

$5

♦109

145/8

Jun

2

102%

'V

117%
102*2

293/8
88 Va

10% Jun

Jun

251/8

♦102

14%

243/4 Jun

July

157

140

*101

10,200

90%

STOCK

Pitts Coke 6c Chem Co

483/6

102

*24%
♦116%

380
" 280

•

-

233/8

28%
•87

36% July

Feb

138

77/s

$4

88

-

94%

Par

PULsbury Mills Ino

49%

30

3,800

14,900

-y

110

102%

14%

29%

101

23'/4

25%

♦109

14%

543/4-> 55

117

23%

Mar

12%

Jun

26

48%
*101

25

•116

•86 y2

29%
87

9

4,300

:

/

437/b

•10%

$ per share

Dec

15

28%
X87

25%
117

46%

r

5,100

•88%

•92%

EXCHANGE

98%

25%
♦116

.'

100

100

YORK

Xl4%

48%

102

•101

.

25

600

'

233/4

V

19,000

No par

Hosiery

Highest

80

110

48%

*00

Phillips Jones Corp com
9% preferred
Phillips Petroleum.....—

Range Since Jan. 1

Highest

24%

24%

STOCKS

Year 1948

$ per share

•24 3/s

3%%

Range for Previous
Lowest

No par

300

5:

12 3/4

101

23%

300

3,200

27%

233/4 ;

■■/-

1,100
?

.

108

'

46%
43%

//•■•

16,500

/

8%

12%-

101

23%

102%

Jun

preferred
preferred

$1 conv preference com

435/8
55

55

23 y4

104

»106

24%

V:

23 y8

,.c

v

*

117
•••;;/ 9%'

8%

12 3/8

46%

55%

353/4

*263/4

-

24

I

112

*35

8%

45%

'j 43

4,700

115%

28

47

100
*■

40%'' /

393/4

*109i/2

■f

6,700

18 3/4

14% <14%
>
>

108

123/8

43%

101

■

110

185/8

*8

*106

*54%

23%.

*106'/2

117%

•27

100

V

22%
-21V*

.

;!/■ 83/4

28

433/8

101

23%

23%

•46%

9

:•

;V

353/4

116 V*

9%

27%

42%

•54%

40

119

9%

22 3/4

27»/4

112

,*34%.

35%

8%

.47 •J;;'-

413/a

50

:

14%
40

600

9,100

9%

*87/8
f i

l83/4
14%

•109

27%

31%

30%

14%

39%

8%

12%

.

118%

U

9%

18%

112

26 3/8

26
107

120

*8%

8%

.46%

25

120

28%
110

183/4

35%

353/4

9%
22%

•106%

110

39%
♦109

*8%
•26%

28%

14%

40%
112

161/4

;; 22%

:

23

18%

14%

40%

8%
-

*106%

18%

14%

118

8%

110

183/o

*35

.12%

16%

*8%

35%

100

161/4

•16

16%
32%

22%

*106%

900

6%

32

*25%

:>

•16

200

8,400

11

6%

6 y4

2,200

7%

10 3/s

163/4

35

*8%

*67/a

7%
11

53%

523/4

*109

No par

common

26

*6%

413/a

No par

Electric

26

10%

109%

No par
1

Brewing Co
(Chas) 6c Co Inc

Pfizer

26 ya

7ys

14%

14%

•105%

Phelps-Dodge Corp
Philadelphia Co 6% preferred

4,700

10%

41

8

Pfeiffer

21

29%

10%

•109

100

preferred

29 3/s

x7y8

18%

8%
26

Petroleum Corp of America

29%

7%

110

18 3/s:

U

29

10%

28%

No par

Co common

2,800

29 %

97/B

22

•106

-

2i/a

7%

9%

*8%

21%
*25

Penn Power 6c

2 »/a

6%

-6%
•15%

Penn Gl*<ss Sand Corp com—No par

2%

7%

10
""

2

10%

•7 ya

5

100

2 %

26

2.50

No par

♦38%

29%

293/a

Enterprises

39%

2%

29

prior preferred

conv

•39

2

29

Co

Proof
6c

20

•

28%

Transportation

Mines

19%

No par

31% Aug
3
61% Jan 19

Jan

103%

207/a

103%

20 y8

53% Jan

87

*102%

6,900
2,200

,

•102%

6

25%-Mar

;
:

18 %

7

July

63/8
191/4

21%

Dec

111

6%
18 3/4

103 %

48%

Sep

6%
183/4

18 %

17

103%

220

-

20%

40% Jun

24

1017/a

1017/a

v

♦102%

36% Jun

3

7

18%

6%

18%

-

1,200

3,200

...

19

64% July
69
July

20% Jan

103%

6%
'

19

14,200

56

56

20%

20% May

90% Mar 24

6%

183/4

1013/4

34,500

v

87/a
I53/4."

*18

Feb

Jun

6%

6%;

1013/4

102%

8 3/s

56%

'

3%

33/4
*15

15

.

56%

56%

♦101

102

102

15

1,200

393/8

39

3%
83/4

8%

8%

•

40

5,300

19

Dec

24%

391/4

390

4

*18

Feb

X48% Mar 30

9%

183/4

•102%

1

40%

3

3%

31;•

I

1

44%

Dec

8%

102

No par

14%

Dec

102

Pepsi-Cola co_——__33 %o

Jan

93

y.

Sep 14

Jan

30%

3%

33/4

56 %

No par

Apr

24%

33/a

15

28

7

120

Dec

147%

3%

4

8%
143/4

12

9

*146%

38%

8%

3

96% Feb

20% May

Nov

147 %

39

14%

Mar 11

Oct

Nov

7%

101

3%

33/a

/ ;

39

3%

4

3%

3%

5

8% Jan

99

9%

20%

383/t

♦100%

*146%

147

147

2%

Transp

Sep 13
11% Jan 19

May 18

36

May
104% May

38%

31 y8

100%

Park Utah

43
Aug 18
111% Aug 24

3

55

3%

30%
100 %

31%

1003A 100%'

:

Park 6c Tilford Inc

28

17% Jan

13

Mar 28

Jan

3%

*31%

147

Penn Coal 6c Coke Corp
10
Penn-Dlxie Cement Co
———7

Jan

Jun

146%

*31%

29

17%

146%

146%

*16

Jan

104

convertible

102

16%

45%

Feb

1,700

52%

53

31%

30%
*1003/4

53

Feb

Oct

4,700

31

52%
r

30
103

32

Dec

9%

525/e

53

51%

86%

98%

53

525/a

32

28

22

Corp

&

When Issued

23% May 14
28% Jan 21

13

Jun

6,500

52 y8

38%

7% May 31

14% Jun

900

337/8

3%

CLOSED

100
preferred
Light Co
No par
Pennsylvania RR
50
Pennsylvania Salt Mfg Co com
10
3%% conv series A pfd
100
Peoples Drug Stores Inc
5
Peoples Gas Light 6c Coke
100
Peoria 6c Eastern Ry Co
100

32

20%

333/4

No par

20

104

*20'/a

34

No parr

111

Apr
Apr

20%

335/s

Penney (J C) Co.

16

Jun

20%

34

Penlck 6c Ford

16% Jun 29

106

20%

33%

10% Peb

9%
15%

16%

20%

34

33% Aug
3
54% Sep 16

27

109%

4%

Shares

20%

33%

:■ >

52%

29%
102

No par

Petrol

Paramount Pictures Inc

July 19

8

Car

American Airways

Panhandle Prod 6c Refining
Paraffine Cos Inc com

7

$ per share

$ per share

$ per share

the Week

Sept. 16

20%

333/4

52%
STOCK

EXCHANGE

10

Corp

Panhandle East Pipe L com
4%
preferred

27

$ per share

20%

33%

for

Sales

Friday

Sept. 15

•

"

Jan

100

20

No par

Pacific

i

$ per share

,

No par

Jun

6%

18%

Lighting Corp
Mills

8

Oct

Sept. 14

Thursday

Wednesday

sept, is

Sper share

Pacific Telep 6c Teleg common—100
6*
preferred
100
Pacific Tin Consolidated Corp
1

12

18%
97

Electric

Pacific

66

Feb

Oct

Tuesday

Sept. 12

10

11% May &
21 % Jun

••

13% Mar
92

3% Jun

4%

Monday

25

&

Pacific

6

89

Dec

Par

Gas

23

PRICES

SALE

HIGH

AND

Saturday

Pacific Finance Corp of Calif

(1099)

RECORD

Sept. 10

Pacific

14

130

3%

STOCK

v

CHRONICH

LOW

STOCK

■'

Sep 13

b4

YORK

EXCHANGE

$ per share

24

Nov

NEW

.

Highest;

'

Mar

29%

FINANCIAL

STOCKS

V-

Highest

V

YORK

&

1

7%

9%
81

7%
51

93/4
81

73/4
51

9%
♦79

8 3/s

8%

8%

4%
23/4

73/4
51

*21

7%
52

9%

9%
*79

82

8%

73/4
52

•

•

:*7%
*52%

9%
82

8%

8%

5%

5%

5%

3

2%
8

9%
•79

73/4

7

22%

7%

54

7%

*52
1.

93/4
82

54

9%

97/a
82

♦79

8%

8%

8%

5%

5%

3

2%

8%

8%

:y

i
100
900

340

7,000
100

8 5/a

2,200

5

5%

13,100

3

2%

3

8%

8%

8%

'

4%

5%

common

50c

23/4

2%

preferred

10

♦73/4

8%

Republic Aviation Corp
$1

convertible

1

♦8

:/;■;//■

8%

'

4,100
1,300

24

COMMERCIAL

THE

(1100)

YORK

NEW
Range Since Jan. 1

Year 1048

Lowest

Highest

-

$ per

Oct

NEW

Highest

;

;

$ per share

$ per share

share

33%

$ per share

Par

>,/y.

7

31

15

16% Jan

12

09% Jan

5

5% Apr

18

Apr

Aug
1
4% Aug
2
18% Jun 28

No par
100
Revere Copper & Brass com—No par
5%% preferred100
Rexall Drug Inc
2.50

26

Reynolds Metals Co com

104% Jan

98% Aug 29

103% Feb

3

Deo

14

6% Sep

13

39% Sep

7
6

15

Dec

82%

Feb

102

Deo

8

May

29%

19% Nov
92

13

10% Jun

Oct

4%

13

17

110

91

4% Jun

23

Jan

Tuesday

No par
convertible preferred—
100

$ per share

tper share

20

20%

•100

102%

5%%

12%
STOCK

•93%

•93%

:

4%
19%
.

CLOSED

Reynolds (R J) Tob class B
10
Common'—.—10

5

19%
-

Dec

34% Jan

3

Dec

50

Jan

42% Mar

7

49% Sep

•48

50

80

Oct

94

Jun

85% Jan

3

98

Aug 18

Preferred

3.60%

series

100

•95%

96%

Dec

102% Jan

4

107

Mar 25

Preferred

4.50%

series

—108

105 %

105%

103%

Dec

17

24% May

Dec

13% Jun

Jun

24% Jan

3

Jun

19% Jan

13

49
28

Jan

15% Jun 21

Sep
Feb

12

19%

Feb

13

Rheem Manufacturing Co

41% Sep

13

Richfield

21

Jan

12

Ritter Company

OH

29% July

July

5% Jan

5

Roan

10% Jan

7

Robertshaw-Fulton

Jun

28

25% Jan

36

Jun

15

45

4%%

3

the Week

20%

Shares

20%

29,700

20%

;

102%

•100

102%

13%

13%

14

*94

5%

5%

6,400
20

96

♦94

95%

5

19-/4

99

38%

'

5%
20 V4
100

•98

6%

6%

'

38%

•:

♦98

6%

•6%

38%

38%

'■

19%

96

38%

105%

19%

19%

50

•48%

97

96%

96%

-105%

105%

105%

105%

105%

50

99%

10

6%

3,700

38%

,/

39'/a

•48%
*95

3,900

20

39%

6,700

49

•98

6%

50

16,000

49 r

99%

96%

♦48%

5%

5

*

6%

,

790

105%

105%

10

300

96%

•95

Dec

18%

8% Dec

9

13

14% Sep

14

Jun

13

18% Feb

3

25

39% Apr 25

55% Jan

8

Ruberoid Co (The)

preferred series A

Ronson

Art Metal

3

28

18%
40%

40%

16%-

1,100

41

16%

18%

16%

•17%

30,900

600^

4%

4%

4%

4%

4%

4%

1,500

8%

8%

8%

8%

8%

8%

8%

3,800

•98%

1

13%
♦18%

49%

•9%

Ruppert (Jacob)

16% Jan.

18%
40

4%

9

12% Mar 12

•15%

8%

No par

3

16%

♦4%

1

8% Jan

Jan

18%
41%

16%

8%

42%

100

-

Inc

Wks

18

40%

16%

4%

♦23

20

Royal Typewriter

16

4%

18%
41%

*15%

8%

com—1

preferred

conv

16

18%
41

18
41

4%

Controls

Rohm & Haas Co common

Sep

99% Sep

10% Jun

27% May
72
May

Mar

17%
40

Antelope Copper Mines

96% Apr 21

54

38%

•15%;-16%

No par

,

23

21

1
No par

Corp

7% Jun 13

x3% Jun

7% May

4%
6%

17

94

/

13%

for

Sales

Sept. 16
S per share

'

Dec

15%
17%

38%

■

20-/8

6%

33 %

*

19%
99

•

6

43

103%

•100

14%

94

95

20%

102

13%

5%

-K.5

100

♦98
6

.

21%

♦100

14%

Sept. 15
$ per share

share

20%

21
102

13%

95

$ per

.

Friday

Thursday

Sept. 14

•

EXCHANGE

1

Reynolds Spring Co

20%
•100

13%

PRICES

Wednesday

.

t per share

11% May
41% Jan

5%

SALE

Sept. 13

prior pfd series A

conv

HIGH

Monday

Sept. 12

Republic Steel Corp com
6%

AND

Saturday

Jan

Jun

91% Jun

111% July
21% May

Monday, September 19, 1949

RECORD

Sept. 10

v//

27% Jan

Feb
Jan

STOCK

CHRONICLE

LOW

STOCK

YORK

EXCHANGE

.

Mar

22%
103

FINANCIAL

STOCKS

Range for Previous
Lowest

&

Safeway Stores common

24

24

24

24%

•24

24 %

24%

100

43

43

43

43%

43%

•43%

44%

44%

45

900

99

99

99

99

99

99

300

•98%

99

♦24

99

14%

♦24

14

14

14%

♦14%

18%

18%

18%

18%

18%

18%

18%

♦18%

18%

800

50

50%

50%

50

50%

•50%

51%

50%

50%

1,000

9%

9%

9%

9%

9%

9%

9%

9%

14%

14%

14%

9%

14%

3,200

*

600

S
21% Jan

16% Deo
107%

113

Sep

39%

Feb

61%

Sep

13

.Jun

109% Apr 27

113% Feb

16

Jun

35% May 11
7% Jun 13

48% Jan

3

8%

Feb

32%

Feb

487/a May

31

Jun 13

67

Jan

139% May

16% July

87

Jun 13

58

Jan

101

78

Jun

9

8

Feb

6% Jun

1

79

Feb

Jun

12% Jan

25

42% Jan

26

122

Jan

25

91

Jan

19

5%
St

preferred —4
Lead Co

Joseph

5%

15% Aug
35% May

9% Jun

14

12% Jan

25% Mar

22% Jun

14

30% Jan

12

39% Mar

51

46% Jan

6

13

Scott

88

95

Jun

17

62% Sep
X96
Jan

8%

Feb

Nov

May
Jan

90

xl03% July 13

87% Nov

78

93% Apr

Jun

29

12% Jan

5
7

13

106% Aug 26
91% Mar 8

94% Jun 30
12

7

May

102

3

Sep

14

9

Jan

91

Sep

Dec

15%

Jun

79

Oct

87

Apr

13%

Feb

26% July

13% Jun 28

18% Jan

44

Feb

62%

Jun

47% Jun

55

83

Jan

5
10

20

13
7

Jan

11

1st

Jun

16% Jan

4

19% Sep

16

59% May
8% Oct

36% Feb

7

14

Seagrave Corp

31%

Feb

43% Nov

33% Jun

13

42 % Aug

18

9%

Dec

12% July
8% May

9% Jun

14

Seeger Refrigerator Co

4 % Jun

14

14% Aug 25
6% Jan
7

6% Jun

3

11% Jan

Servel Inc

5%

Dec

9% Dec
94

14%

-Feb

104

Jun

Jan

77

Jun 13

24% Nov

36%

Jun

24% Jun

Feb

46%

Oct

101% Feb

13

30

4

Sears

Roebuck

$4.50

preferred
Oil

27%

Jun

79

Dec

77

Dec

15%

Jan

12

Mar

14

Oct

11% Apr

8

14% Feb

10

Jun

30

Jun

13

39% Jan

21

Shell Union

7% Jan

5

Jan

3

6 % Aug

17

Sheraton Corp

28%

Feb

4%

Deo

46%

May 18
Mar 11

Steel

3%

Bange Since Jan. 1.
Lowest

Highest

Oil

7% May

2% Jun

NEW

4% Jan

12

Dec

>36

May

22

May 31

,7

34

Dec

44

Jan

29

July

27% Jan
36% Jan
24% Sep
127% Jan

13

15

Feb

Feb

32% Jun
160

1

18% Jun

14

97

Jun

14

Jun

16% Jun 20

18

Feb

25%

Oct

23

Dec

35%

Jun

19

27%

Dec

39%

Jun

22

80

Dec

91

Sep

15%

Dec

14%

Feb

96

•

Nov

/

90

7

7

21% Jan

30%

29%

*61%

623/a

*61%

96

♦94%

107%

•105%

86%

86%

101%

101%

13%

13%

13%

70

91

91

91

*89%
14%
*48

*101%

35,000

82%

*81%

82%

120

11%

3,300

29%

29%

29%

26,600

62

61%

61%

600

11%

113/8

95%

95

*945/8

*105%

"87%
101

14

13%

92

•90

7%

106 %

101'/2

13%

7%

*94%

87 %

•87

133/4

102

*90

.

7%

*105%

107%

*105%

87%

*87

96

*94%

96

107%

101%

106%

87%

*87

*101

30

873/4

101%'

14%

15%

15

153/a

14%

15

49

49

49

49

49

49

110

13%

3,900

91

92

14%

101%

13%

13%

49

91

50

15%

3,600

49%

15%
*48

300

19

19

19

19%

19%

19%

19%

193/a

2,000

43%

49%

493/4

50

49

50%

50%

51%

10,000

9%

9%

9%

93/4

10%

10%

10%

10%

10%

2,300

41%

41%

42

41%

41%

41%

41%

4P/4

41%

15,800

13%

13%

133/4

13%

133/4

13%

13%

133/s

13%

2,900

*4%
8%
84

No par

—

4%

4%

8%

8%

84

43/8

43/8

*43/8

43/8
83/4

8%

8%

*84

85%

*83

8%
*84

85%

4%

8%

8%
*84

200

8 5/a

*43/8

4%
86

4,200
100

86

:—1

^7%

27%

27%

273/4

x27

27

263/4

27

26%

27%

7,700

;No par

23%

23%

23%

24%

x24

24%

23

23%

23%

24

8,200
9,600

Gas

32%

32%

323/4

81

81%

*80%

9y8

9

9%

32%

333/B

x323/4

33%

81%

32%

81%

32%

81

81

*80%

81%

500

9%

32
*81

9

9%

1,500

■

9%

*13%

14

14

9

14

*13%

14

*13%

9%

*9

14

14

14

37

37%

4,600

6%

3,300

15

36%

37%

37%

38%

373/4

38%

373/a

37%

1

Corp

of America

6%

6%

6%

6%

6%

6%

6%

6%

YORK

STOCK

Saturday
Sept. 10
Par

Silver King Coalition

Simmons

Mines

Simonds Saw & Steel

No par

*29%

$ per share

6%

200

CLOSED

31

Jun

14% Jun

14

17% Jan

7

7

100% Jan

24

4% Apr

16

5% Mar

8% Oct

7% Jan

13

45% Aug

40

Oct

Mar

9

>1

53% Mar

Aug

.50% Sep
62'

3

8

15

24%

20

400

24

233/4

45,200

106%

106 %

1,900

20

19%

19%

*19%

26%

26%

273/a

26%

273/a

26%

283/«

28%

293/8

10,100

25

25

25

25%

253/8

25 y8

25 Vs.

25%

25%

1,200

♦19

12

20

*85%

*19%

—

87

*85%

99

99

*98%

99

123/4

12

12

12

12

16%

17 Va

16%

16%

16 5/8

16%

1003/8

—

87

99%

—

♦85%

87

*85 y4

*98%

99%

*99

12

12 Va

12%

12%

16%

16%

17
100

87

.

10

1,300
58,500

99%

100 y2

100

100%

993/4

100s/8

2,700

4%

4%

4%

4%

4

4%

4

43/8

4ya

43/8

12,000

Co com_4.50

85/s

8%

83/4

8%

83/4

8%

83/4

8%

X8%

83/4

19,400

50%

50%

50%

*493/8

52

61

61

61

♦60

12%

12%

123/8

35%

35%

South Carolina

6%
5%%

E & G

*50

—50

preferred ———
conv preferred—

50

60 3/4

5

*12%

Aug

8

26

Southeastern

36% Mar

44

Aug

26% Feb

26

39% Jan

10

South Porto Rico Sugar com_No par

36

42%

Jan

36% Jan

7

30% July
30% July

29% Jan

5

33% Sep

28 % Jan

3

34

Greyhound Lines

,—:

8%preferred
Southern

California

100

100

♦50

61

61%

12%

12%

12%

—7.50

33%

33%

33%

600

35 y8

35%

35

42

42

;

*40%

33%

33%

333/8

333/8

33%

335/a

7,900

33 y2

33%

33%

33%

33%

33

333/8

4,900

35

*41

33%

1,700

12%

33%

35

43

33%

100

613/a

12%

34%

35

25

Southern Natural Gas Co

61

*123/8

43

35

33%

Edison

*50

50 y2

61

50 %

*41

25

.

3

May

24

107%

15

14% Apr

:

*19%

9,200

2,000

29%

Solvay American Corp 4 V9 pfd—100
South Amer Gold & Platinum
1

Socony Vacuum Oil Co Inc

14

13

233/4
107%

3%
25%

16 3/8

11% Jun

Aug 16

24%

108%

3
25

*28%

26

>

fe

24 y8

107%

24%
108

Shares

*19

.

16% Jan

45 :

29

106%

86%.

8

29

24%

99%

17% Jan

253/s

30 V*

the Week

Sept. 16
$ per share

31/8

25'/2

28%

106%

*85

88% Feb

100% Mar 25'

Corp..

O)

3

253/4

30%

-

(A

3%

2%
253/4

♦30

*98%

7

$ per share

2%

25%

for

Sales

Friday

Sept. 15

2%

233/4

EXCHANGE

Thursday
$ per share

25%

2%
25

3%% pr 'erred
.—100
4.20%
preferred
-100
Smith & Corona Typewriters-No par

3

10% Jun

Sept. 14

105%

STOCK

—15

-

Wednesday

Sept. 13

per share

2%
25

No par

Sinclair Oil Corp

Skelly Oil Co_

'$

Sper share

5
No par

Co

Tuesday

Monday
Sept. 12

,

3

95 % Jan

Jun

3

Feb

29%

62%

*243/4

3% Jan

20%

11%
30%

62

__10

97% July

Dec

11%

11
29

—20

Jun

25% Mar

113/8

11%

11

Smith

Apr
July

60

82

61%

Sloss-Sheffleld Steel & Iron

7

May

,

82%

29

Smith (A) & Sons Carpet Co com—20

23

Jun

82%

7%

61%

16

98

Feb

73/a

10%

24

26

Nov

73/a

28%

29% Sep

5

11%

•82

31% Jan

104%

52

82%

73/«
82%

6%

14

Jun

3% Nov
30

6%

% Aug 3
83% May 21

'

.

90

13%

$ per share

6

25

92%

*86

41

EXCHANGE

Highest

*

$ per share

$ per share

Dec

92

92

STOCKS

Year 1948

$ per share

*861

1

Corp

Bange for Previous
Lowest

•86

*81

Sharp & Dohme common
No par
$3.50 conv pref series A—No par
Shattuck (Frank G)
Nopal
Sheaffer (W A) Pen Co
1

Feb
Feb

9

10

91

18%

33% Sep

&

17%

Sharon

83

*86

48

Shamrock

4

91

*9%

31% May
37% Jan

10

96

18%

common—:

68

Feb

*95

——5
;
1

Seiberling Rubber Co

21% Aug
22% Jan

8% Jun 13

35%
95

No par

Co—

&

5,400

34
95

47%

._

36%

343/4
97 «

5

Finance Co

Seaboard

8,600

35%

9%

No par

Seaboard Oil Co of Del

27

51% Sep
10% Sep

16

5% Jan

93/8

96

9

8%

1

20%

Feb

2,600

8%

9

'

———100

Feb

5

260

44

34%

6%

A———100

Mar

15%
35%

16,500

113

44

9%

Seaboard Air Line com v t c__No par

series

83/4

275/8

113

44%

34%

*94%

preferred

9%

27%

273/4
113

97

•105%

preferred

44%

34

No par

3.35%

113

45% i

443/4

♦86

$4

5%

'

27%

277/8
113

xlll%

>:

•95

preferred
—
No par
Scovill Mfg Co 3.65% pfd
100
4.30%
preferred——
.-100
Scran ton Elec Co (The) common—5

$3.40 preferred

44

34

No par

Paper Co common

x27%

28

113%

43%

98

8%

5
—100
—5
1.75

St. Regis Paper Co common

27%
113

42%

34

Ry CO;—100
preferred
.'-100

non-cum

27%
113

♦95

c—No par
vtC—100

series A 5%

Preferred

pfd 4.40% series A
Savage Arms Corp
Schenley Industries Inc.

9% Jan

42%

St L-San F Ry Co com v t

77

87

113

St Louis Southwestern

13% May
91% May

July S

27%

5
—100
*—10

:

42

1,L00

42

*40%

,

100

43%

Feb

62% July

32 % Jun .13

49% Jan

7

Southern

Pacific

—No par

38%

39 Vt

39%

403/4

40

40%.

39%

393/4

39

33%

Feb

50% Jun

25% Jun

14

41

Jan

7

Southern

30%

29%

3iy8

30%

30%

30%

30%

5,700

70

July

45% Jun

13

61

Jan

26

49

49

49

50

31%
50
'

313/4

Feb

Railway common—No par
preferred
.'
100

203/4

58%

50 y8

493/4

50

50%

50%

11,800

65%

Deo

73

Jan

66% Feb

9

100

59%

59 %

♦56

59

Dec

20% May
7% Jun

1
No par

11%

11%

12%
x

\

4

Feb

58% Sep
7
10% Jun 20

13% Jan

7

3% May 23

6% Jan

7

,

4

Dec

63

Aug

73

Jan

68

Jan

24

22

Dec

29%

Jan

21

Feb

7

20%

Feb

30% Jun

7%

Dec

14

61% Mar

74

15%

8% May

95

6% Jun

Deo

Jan

May

7

7

2 9'A Mar 30

13

10% Mar 31

5

13 % Jun

28

71% Apr 28
16% Apr
6

23% Feb

Jan
Jan

5

100

Apr 13

29%

Jun
Jun

82

30

Aug 10

105% Sep

17% Apr 25

91%

5%

Mobile & Ohio stock tr ctfs

Spalding (AG) & Bros Inc
Sparks-Withington Co
$5.5o preferred—

21% Jan

1
10

Sperry Corp (The)
Spiegel Inc common
Conv $4.50 preferred
Squar" D Co

Squibb (E R) & Sons
$4 preferred
Standard

Brands

Nov
Feb

109%

97%

Feb

121

109

Jan

54%

Jan

73

Jun

55

Jun

13

36%

Feb

53

Jun

36% Jun

14

14

Standard

Oil

of

60%

'•i

Oct

17%

Feb

92%

Jun

60% Jun

13

74% Jan

7

Standard

Oil

35

Jun

20

13

26% Jan

7

Standard

23% Nov

13
3

98% Jan

Oct

Jun

18 % Jan

Oct

3

133

Sep

16

4

146% Sep

16

Jun

89

Oct

97%

Jun

96% May

11%

Feb

15%

Oct

12

38

Feb

36%

Nov

43% May
41% May

11% Mar
Feb

23%

Deo

12%

Feb

9%

-

Dec

15

Dec

11%

Jan

16% Mar

94

Jun

4

12% Feb 25

,

11%

Dec

98% May

Jan

Jan

70% Nov
120

10

28% Jun

Nov

.16% Feb

13

6% Feb

7

f

90

9%

Feb

17%
-

Dec

21%

Jun

15

18% Dec
$4% Mar

26%

Jun

July

43

Jan

17

9

Jun

14

253/a

:

16

16%

16

16%

29%

29 Va

29%

29%

29

104%

104 V2

105

No par
pref—No par
No par
No par

preferred
preferred

203/a
873/4
303/4

104

105%

20%

203/a

*87

873/4

88 yz

88 y2

144

25
25
common—10
3%% preferred series A—_—100
Standard Steel Spring common—1
.4% convertible preferred
50

43 y2

of New

69%

70%

70%

71%*?

Oil of Ohio

253/4

26

26

26%

*100% 100%

•100%

15%

15%

42%

;/

Studebaker
Sunbeam

62

Sun Oil

July 6
11% Sep 13

17% Jan

13

16% Jun

13

21% Sep

13

36% Feb

14

49% July 13

;

Corp common

$4.50 series A preferred
common

jClass A 4%%

100

pfd

Biscuits

Inc

68%

2,300
12,400

43%

21,000

70%

32,000

26

13,800

69%

70%
26

25%

*100%

100%

100%

100%

16

15%

15%

15%

15%

*41 %

42%

42%

42%

32

15%

100%

44

•43

31%

31%

11%

*11 Va

11%

•11

39%

383/4

39%

*99

100

*97%

100

-;

300

11%

300

39 '/8

38 3/8

6,800

100

*98

29%

30

121/8

12 5/a

125/s

12%-.
12 3/4

•17%

173/8

17%

*17%

171%

17%

17%

400

17%

18%

18%

18%

173/4

181/4

18

18%

25,700

22%

23%

22 5/s

233/8

221/a

22 5/a

22%

223/4

383/4

383/4

38i/4

38%

12%

17%

17%

17%

173/4

17%

-1

X22%

22%

*36%

37%

7Va
♦96

38

7%
97%

30%
Xl2

7%
*96
61

30 y2

7%

97%

■

7%
*96

61%

613/4

120%

*1183/4

7%
97 y2

v

97%

"

60%

60%

603/4

100
1
25
25

*118%

119%

*118%

17

17

♦16%

17 y8

17

17

163/4

163/4

17

20

21

21 y8

21%

20%

21%

20%

20%

20%

12.50

48%

49

49

49%

49

49%

49

49'/4

49

11%

603/4
120

11%

*1183/4
11%

11%

11%

62

119%
113/8

3,100

4,100

?

28,800
60C

7%

7%
•96

3,600

-

37%

*36

No par

11%

100

••-

*31% i 31%

y8

393/8

100

6,200
•

303/8

12%

10%

-

'12%

12%

7%

1463/4

68%
>43%

•vi

43%

12%

12 3/4

37%

1463/4

1,400

12

12%

96

54,000

12%

30%

12 y8

7%

220

36'/a
133

12%

30%

'11%

96

25

88%

34s/8
132

30

30%

11%

1

69%
;

69%

8,000

121/4

30%

No par
:

Sunray Oil Corp common
'4%%
preferred series A
4%%
preferred series B
Sunshine

*98%

-No par

—

Corp

Co

100

No par

Corp

Chemical

Sun

•98%

71%
263/g

26

*100%

100%
16

71 %

4V

60

20%

88%

146

•68%

69%

106

203/a

89

1453/4

69%
43 y8

;;

*105

20%

145

43%

Sterling Drug Inc common—

105

145
70

Inc

1,000

34%

42%

Stores

3,800

131%

68%

Bros

15%
293/4

32

68%

Starrett Co (The) L S

15%

29%

129

.49%

Sterchl

140

153/4
29%

33 y4

4234

15

8,600

1293/4

67%

Indiana
Jersey

4,400

8%
68%

323/4

Standard Oil of California—No par

7% July 27
96 1
Sep 12

120

*88

88%

253/a

8%

1293/4

33%

Stone & Webster

15

20%

21

,

1,900

68%

144

143%

400

72

8%

130

31%

128

143%

203/4

20 3/4

*69

68 3/a

*129

313/s

128

104

*31

Sep

xl5%

153/4

*11

8

68 %

30

39%

Aug

8

8%
68

15%

11%

8

July

253/a

31 y2

.38% Sep 14
t

8

10

117

For footnotes see page 26




Jan-

52% Feb

July
15% May

25%

83/8

673/4

29

com—No par

45/8

253/4

253/a

8%

67%

1>

•104

*43/8

43/4
72

26

8
♦67

8

67%

5
No par

3,700

25%

39

*24

*69

24

11%

13

*4%

4%

253/4

25%

7%
67 %

common

150

1,200

3%

25%

18% Sep

3

12

3%

243/4

31%

27

*11%

3%

243/4

11%

Jan

12

33/4

72

383/4

31
Aug 17
7
114% Jan

*113/4

4

*24

31%

100

11%

15,500

58

*69

38

2

3

15% Jan

25%

2
No par

45/8

43/s

5
•3%%
preferred100
Stevens (J P) & Co Inc—
15
Stewart-Warner Corp
5
Stokley-Van Camp Inc common—1
"5 % prior preference
20

41% Aug

*56

24

42%

6

Jan

prior

58

72

*41%

7

18

17

20

$7

*56

23%

*69

23%

*11

24

Jan

9% Jun
9 % Jan

prior

*4%

4%
72

23%

*31

13

24% Jan

Jan

$6

3%

3%

No par
1
1

Jan

38% Jan

3

18

18% July
29% Jun

8

preferred

Standard G & E Co $4

113/4

12

••41%

44

July 12
Jan

6

$3.50

Inc

3%

59

*56

13% Aug
2
17% July 29

7

15

97

91%

50% Mar

43% Sep

16% Aug

Jun

10

Sep 13

14

Jun

35% Jan

~6%
113%

70

100% Sep

•f40

36% May
16% May
'

89% May 12
36% Sep 16

9

X27

15% May
39% Jun

32% Mar
88

Jun

*4

*69

1

1

1

11%

3%'

39%

'

No par

Spencer Kellogg & Sons

79%

27% May

33/4

1

Spear & Co common

86

,

Co

non-cum

'

15

Jan

64

104

5

73

.25% Sep

22% Jun 13

May

29%

Feb
Nov

19%

3% July 19

May
23% May

21% Aug

<

62

62
*119

2,600
■

7

100

3,100

119%

11%

11%
17
-

36,400
400

20%

5,000

49

4,100

Number

Volume 170

CHRONICLE

Range for Previous

i Vv>
-

Lowest

t

9

$ per share

Dec
Mar

13%
31

Dec
Dec

Lowest

Highest

$ per share

140

STOCKS

Range Since Jan. 1
Highest

1948

Year

*

19%

127

Jun

12% Sep

Jun

30% Jun

Jan

36

Par

8%

Nov

16%

Jan

7% Feb

25

9% Apr

26

Sweets Co of America

28%

Dec

36%

Jan

27% Jun

14

32% Jan

25

Swift

8% Jun

14

21'

Swift

8%

Dec

'

17%

Feb

v

79

Dec

22

Jan

Feb

12

&

Co

26

.

Jun

17% Aug

5

24% Jan

Aug

•

91

-

76% Sep

9

89

4% Mar

7% May

9% Mar

2 »

International

3% Jun

14

5 V* Jan

11% May
5% Jun

97/a Jun

14

11 y8 Aug

2% Jun

6

13% Jun

14

5
Sep 12
17% Aug 11

Nov

19 % May
67
Jun

48% Jun

13

61 y8 Sep

15% Nov

25% May

liy4Jun

14

17% Jan

$4

7

3%

Dec

14% Mar
52

7

Texas

14

Feb

71% July

56

Jun

14

66'A Sep

14

Nov

25

16% Jun

14

23% Jan

7

Texas

Oct

8%

29%

29%

29%

10%

*8

10%

17%
-

18%'

•9%

77

78

I8%
'^77 />
4% ' 4%

v

11%

*11

3%
16%

35

*7%

'8 Va
30 V*

1,400

9%

*34%

36%

6,400

10%

4,900
10,500

10 %

■%

1«%

10%

10%

19%

18

18%

Xl7%

18%

80

81"

81

*79

81

10%

4%

4%

4%

*10%
4%

11

1,400

30%

80

V.

2,100

8%

*7%
30

30%

18%

•;

60,700

160

9%

8%

30

12%

160

9%
35%

Shares

11%

10%

■90

4%

4%

*10%

11%

500

4%

5,100

4%

11

1,900

4%

4%

4%

17

17

17

16%

17%.

*16%

60%

16%

5

17

607/a

16

*7%
29%

.

4%

*10%

61

60%

6iy8

60%

60%

603/a

603/4

26,500

16%

16%

i6y2

15%

16 Va

16

16%

5,900

16%

59%

4%

35%

11%

11%

for

the Week

fper share

164

9%

-9%

35 V4

19

77

10

Gulf Sulphur
Pacific Coal & Oil

;

8%
29%
10%

5

Producing Co

35%

10%
"160

164

164,

Sales

Sept. 16

$ per share

10%

10 Va

,

V-

9%;
35%

•

5

Co

Texas

19

■>*73A

CLOSED

9

Corp

Corp

Texas Gulf

47

EXCHANGE

35

'

25

Tennessee

"•

35

l

(James).:

Telautograph

10%

Friday

Sept. 15

$ per share

"162

9%

10%

£

Corp

10,
161

9%

STOCK

:No par

com

10%
160
"■

_.!_Nopar

Gould

Talcott Inc

18

9%

i

Ltd

$ per share

share

9%

25

preferred

Symington

$ per

160

(Thel^.lG^

Sylvania Elec Prod Inc

7

Mar

Sept. 14

50
„1_10

Thursday

Wednesday

Sept. 13

25
-

;

c

Tuesday

Sept. 12

10c

Superior Steel Corp.i.
Sutherland Paper Co
Li

7

Monday

'

$ per share

25

PRICES

v

Saturday
Sept. 10

Sunshine Mining Co
Superior Oil of California

16

Jan 11
14% Jan 12

17

.

SALE

HIGH

LOW AND

STOCK

'i' :

168

15

8% Aug 30

jun

44%

*

J

7% Mar 25

Jun

>

YOitK

EXCHANGE

$ per share

$ per share

11% Mar
235
'

NEW

V

-

(1101)

5

4%

5

,16%

.

17

700

64%

10

64%

65

66

66

66%

66

66

65%

66%

8,300

22

No par

22%

22%

23

22%

23

22%

22%

22%

22%

14,600

44 Va'-'

44%

433%

43%

433/4

6,900

41

41

41

Texas Pacific Land Trust—
29

Feb

48% May

33% Feb

7

48

Apr 25

45%

Dec

65% May

36

Jun

16

46

Jan

3

Texas

10%

Dec

20% May

8

Jun

13

11% Jan

7

Textron

X14%

Dec

24

•

13% July 12
4% Mar 21

5%

Dec

14%
46%

Jan

Apr

5%

Dec

15% May
10% May

34%

Dec

47%

Jan

6%

Dec

13%
24

Jun

5

17

19

35

Mar

$2,4o
The

Co

Thompson (J R)

7

85:

Feb

95%

Jun

84% Apr

14

90y2 Aug

2

Thompson Products
4% preferred

1% Mar

4%

Jan

2% May 23

19% Mar

31%

Nov

23% May 19

32%

Jun

40

Dec

55

10

;

14

25 y2 Jan

3

xl05% Sep

13

37% Jun

May

19

13%

Jan

10

Nov

22% Mar

10

15%

Nov

23%

5%

Feb
Nov

10% May
107% July

12% Mar

19% Aug

96

17% July

1

Thompson-Starrett Co
$3.50

6%

31%

13%

*4%

10

xl04'A Sep

9% Aug 30

15y8Jan

13

25% Mar

19% Jan

36%

Jan-

32% Jan

6

100%

Jun

98% Jan

13

8% May

4% Jan

3

20th

7% Mar 14

29% Mar 14

24%

23%

105%

*105%

37%

38

20

13

9%

Dec

12

Jan

8% Jun

14

10% Mar 17

Udylite Corp

Dec

59%

Jun

39% Jun

17

46

Underwood

34%

24%

35 '■

:

5% ennv prior
Twin (Coach Co

1,800

-v

35%

23%

'23

800

19,400

105 y8

'220

"14%

143/4

6,300

38

37%

37%

37%

37%

3,800

11%

15

15%

105%

14%

11%

38

11%

14%

105%

14%

37%

38

105 y2

15%

106

12

12%

15%

14%

14%

143/4

15 y8

No par

*12%

13

13

13%

*12%

13%

*12%

133/8

♦123/a

1

7%

8

8

8%

8%

8%

'

103 y8

103%

103 Va

104 y4

-

14%

14%

5

common

10

10

5

21%

No par

com

10

:

4

No par

Corp

800

91%

*34%

23%::/

23%

-

300

41%

3%

/■:

-900

8

41%
*90

3%

200

v

14%

15

11%

,

11%

11%

_2

\

2iy4

7

*27

preferred
;.

.

*27 %

27%

5%

*102%

104

103

."•V

46,000

5,300
400

103%

490

10%

10%

10 Va

10 y8

3,700

21%

22%

223/8

225/8

13,300

36%

353/4

:> '35 3/4

353/4

1001/2

*99%

100'/a

7

7

*35%

:

*100

101

7%

7

7

27%

5%

21,600

V

8%

8

8%

.

7%

7%

5%

8

H

14

22%: '

22

*100

27%

12

11%

10 y4

*35%

35%
101

*100

'

10%
:':V'

*6%

5%

..f

X104

y

21%

35%

7

!

10%'-

21%

101

pai

104

10

35%

35%

i

*100

50

City Rap Transit cOm__NO

Jun

;

3%

35%

14%

No par

4%, Jun

35 y4

23%

No pax

Jan

35%

i

91%

50

3%

*73/4

8

*89%

.

700

17

*16%

3%

105 y2

preferred

Jan

3%

14%

preferred

14%

3%

23%

conv

32%

3%

k-

•

105%

prior

Dec

91%

130

1,000

.

383/4

->*3

,

41%

41

41%

*89y»

14%

No par

Century Fox Film

Jun

*41%

23 y8

Coal Co

5%

'

35%

35 "i

41%':
91%

105%

$4.50
Twin

3%

3% &

3%

2,500

5

*38%

16%

*7%

V

8

*7%

8 >

,

*90

5

383/4

16%

17

•

5

*3

3%

8%
17

35%

90

■

13%

*38%

10

$1.50

Aug 12

7

90

31%

133/8

38% '

5

preferred

Truax-Traei

24y4 May 16
36% Aug
8

6% Jan

*7%

41%

com

Bearing
Corp

Tri-Continental
$6

16%

7%
41%

*30%

13%

5

3

7%

63/4
31%

5 VB

16%

7

6%
3iy4

*38%

*.

*63/4

300

*13%

1

13%

5

38%

3

V

*40

31

•

13%

5%

38%

3

16%

31

'

13%

:

7%

7

7
31

41%

Transcont'l & Western Air Inc..

14

102 y4

38%

[■r

No par

13

98% Feb

"

W, 5

5

*2%

No par

preferred
Roller

7

31

"13%

15

Transue & Williams Steel

11

24

6%

Timken-Detroit Axle...:

4

Jan

24,

1,200

No par

Transamerica

Dec

■4

143/4

13%

com

Timken

92'

Dec

14%

31%

preference

$3.75

8
10

31%
4%

14%

14

No par

Tide Water Associated Oil

21

Jan

6% Feb

3

*14%

ioq

8% Sep

4

14%

....

,

lb % Feb

19

14%

1

16
16% Aug 10

11% Jun 13

Apr

Jan
Jan

v

14%

.

12% Sep

1

Dec

14%

5

com

43% Mar 30

;

7,500

14%

1

«

....

4% Aug 15
35% Aug 12

13% Jun

9%

;•

9

102% May

19% Jun

9%

(The)

Co

9

July
23% May

9%

Mar

45% Jan

104%

9%

*16 %

15

Feb

9%

*38 y8

Steel

34% Jun

Jan

9%

$2.50 conv preferred
:
;_50
1 Third Avenue Transit Corp.No par

Jan

Mar

9%

Thomas

May

17

40%

9%

6

10%

19%

40%

9%

common

59 %

95%

41%

'.

No par

Fair

7% Oct

7% July 27

44%

*4oy4

10%

__No par

preference-

39% Feb

;

44%

39%

9%

Jan

7y2 Jan ;';8
20

7

44%

39%

.

preferred

conv

Thermoid

X39% July 18

1% Jun 20
14% Jun

43j/2

No par

Ry Co

common

conv

43%

1

100
50c

ctfs

Pacific
Inc

Thatcher Glass Mfg Co common

13% Aug 12
6% Jan 19

2

share
&

$1.25

4

32 % Aug

Apr

Apr

7% Aug

19
23

4% Jun

Jan

Dec

12%

Sub

15% Jan 22

25% Apr
12% Jun

May

25%

<

27%

*26

27

://

700

26%

26%

480

5%

*5%

5

5%

300
'

53/8

53/8

1,300

/ 93/4

93/4

445/8

445/8

U
39

27%

Nov

Union

Asbestos & .Rubber

Co____5

7

Union

Bag & Paper Corp..__No par

23 5/8

24%

24%

24%

24%

Union

Carbide

No par

39%

40%

40 Va

39%

40%

pfd $4.50 ser^.No par
series
No par

111 %

iny4

111 V*

40%
111%

*93%

13

Jun

107

~Jan-

6

112

Jun

94

Jan

13

94

33% Jun

Nov

90

Jan

86% Jan

7

21%

Feb

38% July

25 ys Jun

13

45%

Sep

31%

Jan

41%

73% Jun

Apr

31

Jun

Jan

94

Preferred

13

Aug

16

51% Feb

15

36% Jan

5

4%

.

$ per share

103% Nov
9% Nov

.

57% Nov

19

;

J per share

Dec

•

r

30% May
110% Jun

-19 y4

-J per share

104% Jun

•

27%
29

Dec
Feb

3

77

Aug

8

27

Sep

14 *

41

Dec

2%

Feb

60

Feb

37%

Feb

29% Jan

40% Jun

13

Jan

2% Jan
3% Jun

May

Apr

45

Jun

18%

Dec

16%

Feb
Feb

15%

Feb

92%

32% May

113%

Jun

179

Jun

Mar

12% Jun

6

24 y2 Apr

23% Apr
26% Sep

11

100

7

13

104% Jan

Jan

10

185

6% Jun

6

X89 % Jun

17% May

Dec

76

Jun

43

19%

Dec

42%

Jan

17% Apr

Dec

8%

Jan

3% Jun

13

17%

Dec

36

Jan

15% Jun

13

11%

Sep

21% Jan

11% Jan

3

7%

Dec

53% July

Jan

58

22%
86

Dec

37%

Dec

94
■

63%

8% Apr

19% May

Jan

112 y4 Jun

Jun

36 y8 Jun

64% Jan

13

140%

Jun

129% Jun

19%

Jan

18 y2 Jan

38% Jan

3

4JA Feb

6% May

4% Mar
Dec

<

12% May

85%

Dec

<-

98 y2

Jun

2%

Dec

6%

Jun

8%

8 % Jun

14

Apr

87% Sep

29
29

22

Dec

34

Jan

21

Feb

Feb

20

Jun

12% Jun

14

Mar

S. '4

19

Feb

150

Feb

7%

Dec

Dec

42

10%

3% Feb

Jun

23%

19% Jan

Jun

May

156

15% May

7

170

70

-

Feb
Dec

■"or

Feb

ffp

D«ee




7% Aug 12

25% Sep
170

Jun

2
14

10% May 18

56% Sep

7

Jun

28

25% Apr 25

8

11% May 13

20 y8 Jun

26% May

fontno"»-

7

8% Aug

15% May

21%

5

13

17% Jan

3

17

27%* Oct

9%

17
10

;

8

43% Jan

May

14%

Mar
Feb

25

2C

14

U

24% Aug 19

Co

common

S

7%

Steel

Corp
preferred

7%

Co

.1

;

r,

*34

33%

*33%
3

3%

0%

46

*46

46%

•45%

46%

1

6

800

35

1,900

*32%

34%

2%

-J

33%

110

4%

4%

4y8

4%

4%

4 y4

115,800

7

7

7%

7 y4

7%

7%

7%

1,500

57

*58%

60

53%

58%

16

15%

15%

15%

15%

39%

39%

39%

39%

40

50%

51%

50%

50%

50%

51

127%

12%

13

12%

13%

13%

22%

22%

*22%

23%

*22%

23%

*20%

23%

*22

23'/a

26%

26%

1,500

13%

23

~

.

••.-'50--'--;51%

*21 y4

23

*20%

23

23

,

-

25%

—25%

97%

*

*97

97%

14%

.

26%

7%

14

'

*183y4

7%

..

.

.

99

*97%

14

14

97%

24%

7%

7%

*7%

♦441/2

45%

4%

•

-

;V

700

;

4%

1,300

4%

800

19%

19%

19%

700

14%

14%

14%

3,600

8%

*8%

8%

19 y2

19%

*19%

14%

14%

14%

8%

*8%

8%

*8%

8%

44%

45%

45

45

*45

45%

*60%

61%

60%

60%

*60%

61%

25%

25 Vb

25%

25%

25%

1

—100
1

100

Vanadium Corp of America—No par
Van Norman Co
2.50
Van Raalte Co Inc
10

44%

44

44

61%

*60

61%

*61

23%

24

23%

24% V

*90%

92

91

33%

33%

33

38%

:•

38%

135 %
21

135%

;

*5

3%

"14

7

7%

24%
*167

-168%

8%

56%

18

18

*8%
;

'i-

>

900

10%

10 Vt

10 %

10%

5,900

87%

87%

*86 y8

aoy4
90

3%

3%

,.3%

*25
*14

*24%

26

168%

168%

*167

,

,

:

-

167

*56%

18%

26

24%
167

8%
-

.

18%

9%

9%

9'/4

.24%

24%

24%

,

--

9%

56%

9
57

56%

18%

,r

•:

14%
71/4 --•••7%

24%

167%

8%

9

21 Va
44

♦14

'14%
7%

19

100

2,200

10%

24%

f

135%

136%

5y8

7%

*9

136 y8

95,600

21

24%

18

2,000

70

23%.

43%

7%

*24

23%

5 Va

*43

44

24 y4

9%

39%
'

•

20%

21

-

21%

7%

24%

*69

70
23%

43%

y

15

-*56%. .57

,

310

3%

25 >/2

8%

8%

56%

135%

136

,

40

10,700

125

5 y8

*43

24%

25

23

39%

39%

39%
*68%

/■

y-:

5%

3%.

*14%
-

34

125

5%

-

87%

25

25

14

.

34%
124%

*

40

70

,21

y'

10%

3%

33%
123%

34

100

92
35

'*90%

92

s

.4.

'5%

10%

*90%

I,600
10,200

i

44%

-,,•86%

3% ;

:•

5%

£:>■,

21

:•

*8%

123%

24

■

14%

92

23%

136

135%

5%

87%

25

135%

,

21

•

39%

19%
15

*68 y2

24

43,%

.10%

10

*85%

•24

.

123%

71

r"%

.44%
; 5%

33%

-

*

39%

39%

21

44%

*90%

84

*69 y8

?23%

.

123

123

122%
70

70

23%

.

25

91

122%

2

.50

.

30

:

24

4%

4%
*19

24

24

24

19%

.

30

:

8%

45%

24%

4%

700

9,400

185

185

185

18,300

99

*44%

45%

4%

1,000

97%

97%

' "24%

7,200

14%

96%

9,400
74,900
28,300

.

26%

14

8%

\

23%

25%

185

-8%

•

:

17%

*21%

185

*44%

900

23%

26

14%

8%

4%

4%

17%

23%

>*97%

99

44%

8

'24

24

98

17%

23%

25 y4

99

*183%

187

44%

45%

*14%

j

98 y4

x97'/2

99%
187

*97%

14

,

17%

23%

-

147/8

1

com

70

59

58%

16

39%

16
40

*8%

com_Nopar

preferred

Universal Pictures Co Inc

7,500

4>/4

14%

United Wall Paper Inc common
4% conv preferred
Universal Laboratories Inc

i

3

46%

*46

•

12%

*44%

25
1

Universal-Cyclops Steel Corp

90

6

34

6

3

40

12%

2

98 %

United Stores $4.20 non-c 2d pfd—5
$6 conv
preferred
No par

preferred

35

5%

*19 ::

v

4%%

33

34

*97

No par

com

Tobacco

y

35

*13%

5
100 ;

:

Leaf

5%
34%

33%

22%

12%

No par
.100

common

preferred
United Stockyards Corp

8%

106

5%

2,900

106

♦105

106

500

26%

26

26%

*104%

17%

*21

100
5q
50

preferred

non-cum

Universal

76

.

26%

A

23%

22%

1

10

common

1st

non-cum

*104%

27

400

5,800

76

-1ft
20
10
1
100

;

pfd series A

Rubber

U S Tobacco

'

14

Jan

25% Sep

8

16
4

C

5% Aug 12
10% Sep 16

Corp

Plywood

♦74%

13 y4

1

U S Smelting Ref & Min com
7%
preferred

26

21% May 19
44 y2 Sep
2

s

8%

Mar 17

140% Jan

24

2% Jun

80

U

24% May 14

4

42% May

18

72

8

Feb
Nov

21

'

13

17%

26

Jan

46% Apr

28

Apr

Jan

S

3%%

Aug 11

43

133

13

U

16

92

82
Apr 29
31% Aug 12

May

49% May

37

129% Mar

■V

25% Sep

3

preferred

76

e

"•

13

13%

17%

No par

common

U S Pipe & Foundry Co
U S Playing Card Co

.

76%

108%

♦107

108

<

12%

23 y8

class A

•4%%

61% Aug 18

4,500

108

v

13%

17

4%

conv

22%

23

237/a

Co

21%

22%

16%

No par

Lines

108

Shares

22%

22%

$ per share

'

/

the Week

Sept. 16

Sept. 15

22%

No par

S

-

26%

Sales ior

Friday

Thursday

$ per share

17%

common

Partic &

500

50%

Co

18
28

preferred

-

13%
*76

5%

*15%
*.r

,

ff

1,000

16%

Leather

S

50%

34%

50%

10
13%

Industrial Chemicals

U

12

49% Jan

.

com

50 Va

34 V*

'

U

21

12

20 y4 Jun

r.

Jan

16 y4 Aug

19

58 y8

Dec

21

Machinery

50% >

16

U S

14

13

72

37% Nov
-

27

Jan

24 y2 Aug 18

5% Jan

Hoffman

S

4% %

10

35%

36%

39

100

U
v'

107

106

.,4%

57

*183%

1

3,000

39

No par
20

24

Jun

137%

Dec

121

20

15,200

81%

■15%

No par

$4.5o

' Sep

57

7%

No par

i

32%

81%

57

*6%

Foreign Securities

w

31%

82%

7

4%

1st preferred
Freight Co
U S Gypsum Co common
1% preferred...

interest

32%

45'/a

4%

25%

of

U S

8

7% Jan
38

July

37% May

Dec

v

Co

Inc..—;

Mfrs

93

2%

45

*20%

U S &

14

52% Jan

9% May

Feb

49

May 25

,

97

*92

*33'%

,

2%

*55

*93%

33%

35

150

1113/4

97

PRICES

22'A

75

5%

24,100

93

*50

V

S per share

26 V4

*104%

50%

35%:/

Wednesday

13%v- r'

75

1,400

"A

81%

'

Sept. 14

26

33%

45

1

8% Jan

28

4%

175

&

Certificates

May 17

17% Jan

28

Merch

L

.•,'i

5%

2%

5

.

United Paramount Theatres wi

18

Dec

39%

Cos

•'>.*

111

13%

v

.

105

*5%
33%

Engineering & Foundry
5
Fruit Co
1
;
No par

United

13

20

Nov

Jun

Coal

United

7

6

8

54%

Electric

15

22

166%
-v

,

Aug 17
54% Mar 7
18 y4 Aug
8

United

14

94

24% May

Feb

United

65

13% Sep

18% Feb

Jun

101

3

Aug 31

-

74%
26%

*33%.

Stores

23% Sep

19% Jun

.

19

89

7

13

Cig-Whelan

24

18% Feb

21% May
e

July

104%
»

♦108

13

26

CLOSED

SALE

HIGH

22%! '22%

108

*73%.,

£
No par
Corp„_Nopar

*

Jan

6

9% Mar 23

34% Jun

x44%Jun

•

Co

STOCK
EXCHANGE

*343/4

$ per share

22%

12%

i_10

Corp

United Gas Corp
'
United Gas improvement

Jun

23 A May
-

Carbon

United-Carr Fastener
Unite

No par

i.

& Carton

Board

United

18

preferred

No par

40

58% May

Dec

11%

$4.50

7% Aug 19

2

46%

:—*——100

«,

22% Jan

Sep

4 %

22

14%Apg

preferred

108

common—10

Inc

50%

.

Sept. 18

22%

common

com__30c
$3.50 convertible preferred
10o
United Corp (The)
1
United Dyewood Corp common
1
7 fo preferred.....
.,—.—.^.100

46

3

Jun

16

•

3 % Apr

%%

United

12'

33% Mar 17

24

28%

i

38% Jan

13

13

4

Lines

AND

Tuesday:

$ per share

$ per share

5
convertible preferred..—100
Air

50%

Monday

Sept. 10

393/4

'

35%

Sept. 12

Saturday

'

.1

United Biscuit of Amer

Aug 16

7% Jan

3

2% Jun

82%
:

Jan

48

29% Jun

9

Dec

16%

Dec

3% May

■;

105

27

28'

July

55

Feb

4%

Jun

5% July

36

Nov

14% Mar 29

LOW

*■

STOCKS
<•
Y'ORK STOCK

Far
5%

'83%

50%

*111

1113/4/.

1,600
17,700

31-^4

32%

82%

.39%

>

2,300
/

93

*

93%

31%

35 y4

39 Va

*93 %

82 y2

1

253/8

1113/4

32%

35%

.25

97

313/4

50%

50

25 Vt

112

*93

82

-

12

*93%

.

93%

*93

*

*11%

111%

97

81

*34%

No par

;

93% 1

81

—50

preferred—;

Aircraft Corp

United

19% Feb 16
4% Jun

com..

*93 y2

313/4

31%

25
1—50

,

Mar 24

61% Jan

Jan

38%

;

Feb

2%

1

15%

109

14

Co

EXCHANGE

United

13

103

1

~6%

*

26% Mar 30

10% Jun

Oct

23%

!

'$ per share

>.

20 y8 July 15 -

Apr

90% Mar

,

Jan

NEW

Range Since Jan. 1
Highest

Lowest

Highest

RR

non-cum

'

Year 1948

22 Vb

Pacific

97

*93

No'par

$3.50 series.
California—i

of

Union Tank Oar Co_..__

Range for Previous
Lowest

Oil

Union

21

Mar 28

Union

Carbon..

$3.70

Preferred

5

14

89 y2 Jan

&

Un El Co of Mo

Aug 30

32% Sep

14

48

96% July
51% July

Jan'

93/4

39%

25 y2

7

'£.■

12

243/4

12%

45 y4

ll5/8

45

12%

6

98

■

45

123/a

12% Apr

80

•

45

12%

31% Jan

110

1

45

11%

8

Oct

Nov

9%
443/4

95/8

44%

17

Feb

79%

9%

9%

9%
44 y2

10% Feb

91

■

9%

'9%

_1
NO par

...

19% Jun

103

■

:

Jun

42

1

Corp

11%

16 ye

Feb

37%

12

39% May
43 y* Nov

9% Mar
1

Jan

(The)

18%

*86%
3%

90

3%

2,100
70

100

II,400

*25 Vb

26

*13%

14%

200

7%

23,900

24%

1,200

-

7%

*24

*165
9

56%

18%

*9

9%

9

*24

24%

♦24

169

600

20

9%

6,100

56%

150

18%

2,200

9

24%

400

100

!,'

26

THE

(1102)

COMMERCIAL

FINANCIAL

&

CHRONICLE
'

Monday, September 19, 1949

^

'

-

'

•

V

NEW

$ per share

YORK

V:Par

Feb 16

13 V* Jan

Deo

15% May
29% Jan

19

19 Mi

20

Jan

3

23 % Sep

13

Vick

Dec

94

May

85% Mar

5

89

PtD

10

90

Feb

1

Vlcks Shreve & Pacific Ry com_10O
5% non-cum preferred
100

38 % Jan

26

M

j

Peb

95

Jun

85% Jan

5

32 Mi

Dec

48%

Jun

33 y* Jun

17

ou

wCt

96%

Apr

Peb

14%

Not
Jan

117%

109

Jan

5

124% July
18% May

98% Sep

Jun

6

17

Dec

28 y*

Dec

38% May

29%

Nor

34% May

3%%

21

preferred

100

Va-Carolina Chemical
6%

July 18
29% July 27

Virginia Elec & Pwr Co
$5 preferred

com

Va Iron Coal & Coke 4%

pfd

33% Apr

6

14

31% Sep

8

5

30% Apr

30

CLOSED

991/2

*98

10

17%

851/2

23%
851/2

•86

89

*86

89

*86

■

*36%

37%

*36%

37%

*36%

371/4

99%

*98

99%,

;

115%

116'%

17%

28

17%

29

*28'/8

291/4
31%

30

*30%

30%

29

31%

31%

32%

'

31%

300

97%

490

7%

19

29

20
'.y

7%

3,500

*91 %

116'/a

*171/2

17%

2,000

85%

92'/a

500

x97%
;

17%

1151/4

19

1,400

23%

861/2

11%

•'" 7 "4
91

116

116

*17%

19

11%

*23 %
..

98%

7%
90

*28

•

.

98'/4

91

17%

••

<

7'A

7%

*89%

91%

*17%

19

28

.29

7

*88%
17%

116'%

*17%

>'

11%

11%

•£:,

for

Shares

89

37

■/.;> 6%

17%

116%

29

17%

18

160

18%

10

28%

200

31%

600

1,200

18%
*28

'■■■;*

20,100

116

116

31%

ft

31%

31

31%

31%

31%

31%

31%

*26%

28

*27

28%

*27%

28%

*27%

311/4
28

31%

20

*27%

20

♦30

32

*30

32

*30

32

*30

32

*30

32

*45%

46%

46

46

46

*45%

46%

14%

14%

.

28%

24%

Dec

39 y*

Apr

25% Jun

25 Mi

Dec

32%

Jan

23% Mar

29

Apr

32%

Jan

30

Mar 19

32

66

Jan

45

Jun

0

60% Jan 28

Wabash RR 4%%

Jun

30

14% Sep

Waldorf System

No p*r

Walgreen Co common

No par

29%

100

*102%

Walker (Hiram) G & W

No par

25'/a

25%

Walworth

No par

7%

Apr 26

23%

88

*98

/

6%
93

100

Virginian Ry Co common
6%
preferred—
Vlsking Corp (The)
Vulcan Detlnnlng Co common
7% preferred

11%

23%

86%

37

6%

14

11%

23

'*86

36%

*90 "■

16

'

the Week

*85

88

36'%

EXCHANGE

100

Feb

11%

90

No par

Sep

12

dlv

•

Sales

Sept. 1<>
$ per share

tper share

:

Friday

•-

Sept. 16

per share

23%

*85

*86

.STOCK

;

23

,

Thursday

Sept. 14

11%

11%
22%
90

com

18

32% Jan

11%

Wednesday

$ per share

*85

partlc preferred

21

23% July 14

27

9

common

118

3

15 y*

Victor Chemical Works

'• *"

PRICES

Sept. 13

22'%

2.50

Jan

V

3

15% Jan

14% Jan

Co

118

113% Jun 29

Jun
Jun

23

Chemical

SALE

Tuesday

I per share

$ per share

Vertlentes-Camaguey Sugar Co_6%

15

11V* Jan

7

91

82% Jun

14% July

7% Mar
93

6

HIGH

AND

Monday
S^pt. 12

Saturday
Sept. 10

t per share

$ per share

''

RECORD
LOW

STOCK

85 Mi

12% July

STOCK

EXCHANGE

Highest

Lowest

Highest

$ per share

NEW

Range Since Jan. 1

Year 1948
Lowest

YORK

STOCKS

Range for Previous

1

31%

.

w
67% Aug
12 y*

Deo

15%

Jan

12

28

Deo

35%

Jun

25% Jun 13

Aug

101- May 19

100 y*

105

Apr

*18% Mar

21% Jun

13% May

.

Not

7

22

25% Feb

1

18% Jun

34% May

14

Jun

14

22% Jan

27% Aug

23% Jun

27

25

20% May

11% Jun

14

16%

Deo

22

Sep

16% Feb

14% Sep 14
18% Aug
9

13

Deo

30%

Jan

11% Apr 21

Deo

u

*80

Not

19% July
Jun

108% Mar 22

Jun

113% Feb

25

117% July 11

Oct

103% Feb

8

111% Aug 10

Jun

107

Jun

18
105
Apr 25
101% May 2

22%

Feb

6%

Not

34 y*

r

Jun

110 y*

-

Jun

5

Deo

7Vb Mar

7' 16% July

22% Mar

38% July

21

Sep

25%

Not

Jun

13

Deo

36% May
74% July

20

58 y*

53% Jun

6

15

Deo

26

13
May 31
21% Jun 13

32 % May 23

8% Feb

May

39%

29% Not

Jun

24

23%

Deo

33 y*

Jun

Feb

95%

Apr

90% Jun

91%

Feb

101 Va

Jun

25

Deo

60

Jan

37

Mar

83

Mar

>,..

98% Feb
21% Jun

40% Jun
115

27 y*

31%

Feb

19%

Feb

9

;

6% Mar

12

Mar

61

10%

Not
Dec

88%

12%

19

2

28

10

Jun

6

14% Jan

14

28

18

Jun

Jan

128

Jan

>

4

81%

81%

81%

Sep

Oct

22

Jun

2

34% Jan

49%

Jun

44% Jan

3

20%

193/4

24%

Deo

'

94

Jan

Deo

58%
58

1151/4

115 %

115%

116

116%

116

116

990

111

110%

110%

710

112

113

112

113

*112%

113

*112 %

113%

*111'%

107%

*105%

107%

*105%

107 %

*105

107%

*105

106

*104

105%

450

14i%

1,900

100

*105%

107%

*105%

105%

-ft

13%

No par

42

*105%

105 %

105

13%

13%

106 ■:*■ 106

13%

133/4

43%

43%

*42%

♦1073/4

1083/4

6%

;

22

Deo

34%

'

10%

10%

10%
23%

*22

243%

300

*26%

27%

27%

27%

*27%

27%

263/4

263%

*26%

27%

200

*66

69

68

68

*66

69

68

68

*67

68

Pacific RR

No par

com

series

A

188

No par
12%

24%

100

pfd series B

15%

15

15%

15

15%

5,600

273/4

27%

27%

27%

273%

12,100

25

22,400

24%

24%

25

25%

98%

t 15%

Deo

19%

Dee

•Bid
X

53% Jun

35

and

asked
y

25

400

*111%

115

*113,

34%

35

36

36

36%

35%

35%

77

78

78%

78%

78

78%
273/a

.

115

*26'%

4,100

78'/2

710

27»/2

28

27

27

27%

27%

13%

14%

14,;.;

143/a

13%

14

14

24%

25%

25

253/e

24%

25%

24%

26

26 3%

273/a

SO

33

33

33

*32%

*47

10

•

4%

48%

No par

10%
72%

4%
*47

.

11

No pax

common

72%

10

10%

10

com

11

*72%

17%

10%

10%

18

17%

200

*32%

10

9%

9%

9%

% 9%

*9%

9 3%

1,600

4%

5%

4%

4%

43%

4%

12,500

4%
48%

33

48%

48

48%

11%

11%
72%

723/4

10%

10%

18%

142

*138

10

26

26

26

26

10

48%

48%

48%

48%

11%

10%

*138

18%
*138

142

*47%

74

11%

49

300

11

11

6,600

*73

11%

*72%

18%

18%

142

48

11

11%

74

*138

Co

*32%

2,500

16,800

33

-180
Co

300

14

l

com

Co

74

200

11%

183%

11%

500

18%

18 3%

142

9,100

142

*138

26%

26%

*263/8

26%

*26'%

48%

48%

48%

48%

48i%

48 3%

7,000

14%

14%

14%

800

27

o

No pa*

common

Mfg Co_.

*68%

pax

77%

773/4

i

*9%

10

20%
*35

58

14%
69

1,700

681/2

69'%

120

70'%

69%

69%

150

9%

71

*68%

71

*68%

773/4

773/4

9%

21

14%

691%

70

*68%

773/4

20%

14%

*68

70%

70%

14%

69%

*68

78

76 3%

78

X77%vjl7%

fl°

93%

10

10

21 %

21%

71

10

1,300
2,800

10%

21%

700

10%

10%

11%

10%

11%

10%

10%

10%

10%

5,500

36%

10%

-1

preferred

14%
69

pa*

Jl

common.

conv

60

35%

13%

10

Corp

*26%

35%
*78

13%

*27

33

& Towne

115

1

9%

4% %

*111%

115

*111%

1,140

353/4

353/4

363%

36 3%

*36%

37%

600

223%

♦211%

36%
22%

21%

21%

21%

21%

prices;

213/a

21%

22%

28

64

64%

65

66%

663/a

671/2

65%

65%

653%

12,700

8

11%

11%

11%

ll'/s

11%

11%

11%

11%

11%

11%

2,100

20% July 12
3% Feb
9

July

21%

Jan

14% Jan

Young (L A) Spring & Wlre.No Par
Youngstown Sheet & Tube—No pax
Youngstown Steel Door—.—No pax

*36%
*21%

32

Jan

7

Zenith

25

25%

25%

26%

26%

26 3%

3%

•3%

3%

26%
3%

26%
*3%

3,800

Zonite

26%
3%

26%

4% Jan 15

no

13

±
sales'on

this

day.

*

Radio Corp
Products Corp

tin receivership,

petition

or

No pax
I

has

been

filed

3%

for

reorganization,

company's

a

Deferred

4

delivery.

65

4

rCash

sale.

s

22

22

Special sales.

.

800

800

4

wdWhen

distributed.

Ex-rlghts.

Stocks

Railroad

Int'l

Number of and Miscel.

Week Ended Sipt. 16,1949

Saturday
Monday
Tuesday
Wednesday
Thursday
Friday

Shares

Bonds

Foreign

Bank

Bonds

Bonds

Closed

Transactions at the New York Curb

Exchange
Total

Government

Bond

Bonds

$324,000

$2,343,000

—

1,720,260

3,214,000

325,000

3,539,000

1,694,600

2,245,000
2,721,000

260,000

2,505,000

1.155,700

453,500

3,174,500

1,161,700

2,550,000

228,000

7,778,000

6,812,370

$12,749,000

$1,590,500

$14,339,500

Week Ended Sept. 16
1949

shares

1948

Jan. 1 to

1949

Saturday
Monday
Tuesday
Wednesday
Thursday
Friday

Foreign
Domestic

221,140

$85,000

3,351,550

164,539,669

$34,980

Bank

$400,000

$38,000

Corporate
—

Total

-

$3,000

$126,000

449,570

159,000

34,000

2,000

243,085

102,000

69,000

7.000

178,000

274,420

—

.58,000

19,000

25,000

102,000

6,000

191,000

$160,000

$43,000

$792,000

315,330

185,000

1,603,545

Total

$589,000

Week Ended Sept. 16

1948

217,735,517

Foreign

Government
Closed

Sept. 16

Bonds

Stocks—No. of shares.

1,603,545

Jan. 1 to

1948

1949

195.000

Sept. 16
1948

891,452

39,775,007

54,621,001

$589,000

$591,000

$25,243,000

$37,190,000

160,000

133,000

43,000

19,000

7,315,000
1,233,000

1,339,000

$792,000

$743,000

Bonds

$832,500

20,000

855,000

3,670,000

Foreign

$1,590,500

1,579,500

64,289,270

Railroad ft Industrial.

62,122,180

12,749,000

12,120,000

487,378,100

695,007,800

$14,339,500

$13,753,500

$552,922,370

$761,632,480




Bonds (Par Value)

of

Shares)

1949

6,812,370

U. S. Government

Total

Stocks

(Number
Week Ended Sept. 16,1949

—

$2,019,000

Total

>

Sales

1,080,110

—

Exchange

Daily, Weekly and Yearly
United States

—

International

*24%

77%

Daily, Weekly and Yearly

of

24Vi

77

Co

Transactions at the New York Stock

Stocks—No.

24%

99%

10% Jun 28

*7 6% May

Ix-dividend.

243/4

34%

4%

York

Aug 17

Oct

Oct

*19% May

Peb

3%

23

74

24

Deo

13%

240

243/4

No pax
No pa*

*32%

18

89%

Feb

65%

103

114%

I

Yale

7

39% Jan

*98%
*1023%

113%

pfd 4% % series
pfd 4% % conv series
Wright Aeronautical
No
Wrigley (Wm) Jr (Del)
No
Wyandotte Worsted Co

Jan 20

12% Jan

98%
102%

24%

71

24

24%

98%
102%

100

24%

*68%

13

25

99%
103 %

24%

103

71

15

24%

25%

*98%
*1023/4

98%

103

10

Jun

300

15

24%

preference

W)

2,200

27%

102%

28

1,700

103%

15%

102%

SS)

36

10%

27%

12.88

(The

Sewing Machine

(F

35%

_100

Instrument

Oil

36

14%

98%

97

353/4

36

1,000

26%

■

Jan

8

6'/a

*22%

70%

30% May 13
16% Jun 17

1,900

*63/a

10%

•69%

19% Jun

43

108 3%

23%

36

35%

70

May

43

*1073%

103/4

35'/a

35

14%

16% May
48

43

1083/4
6%
6%

20

23

35

6%

6%

69

Jan

Peb
Deo

'37

133%

*1073/4

6%

13%

112%

11

Woolworth

2

13%

13%

43%
6%

"*107

'

16

;

108%

x42%

42%
108

13%

78% Sep

Xll5%

110%

70

10% Sep

1,020

380

111%

69

79

32,500

117%

100

9

2,500

241%

1161/4

100

Feb

20%

24i%

110%

Prior

Feb 25

20%

117

Machinery

8% Feb 29

19%
243/a

116%

Prior

66

19%
24

•

117%

7

Jun

82 V*

111

15% Mar 30

July

82

116%

69% Aug 17

68

11%

82

117%

72% Apr

69

Mar

8

82

1,100

111

10

96% July

60% Mar
:

22%

116%

14

May

22%

116%

24

Jun

500

5%

22%

111

11% Jun
64

1,700
;

5%

22%

24%

*59% Feb

25% May
81% Feb

Not

,13%

14

14

5%

*5

20%

24%

Worthington Pump &

*62

143/a

24

17i%

*163%

17%,

14%

5%

23

6% preferred
Woodward Iron

49% July 29

*16%

143/a

5%,

10%

Wilson-Jones

10

37%

Not

17 %

14%

>

5%

900

23

Wisconsin Elec Power Co

2

1,800

*16%

14%

20%

100

$4.25 preferred

13% Jan 17
5

100

14

10%

Wilson & Co Inc

18% May
138

19.
24

14

117%

117%

Willys-Overland Motors com
l
$4.50 csnv pfd series A
No par

2

Apr

Feb

f

41%

*81

18%
24

133/4

22%

16

13

xl38

ei%

18%
24

116'/a

Co

12% Mar 10

1,200
3,700

110%

Inc

Mfg

79

19%

10%

Motor

56% Jan

19%

*21%

Dental

*42% Jun 22

19 %

1,700

Supply Co
10
Maryland Ry com—.108
2nd pfd
100

Elec

Prior

49,200

133/4

22%

15

Wilcox

450

12%

6%

White

8

Deo

22%

26%

16

93%

11%

1

White

7

93%

11%

188

Wheeling Steel Corp com
$5 conv prior pref

12

Dec

22%

24

pfd
series B

Lines

27% Sep

21

X22%

1

933/4

,

198

White

Sep"

7% Jan

Jun

22%

17

14%
*5

15

108

16% Mar 30

8% Jun 15

22%

16%

-21

Wheeling & Lake Erie Ry

12

89% Jan

70

5%

17

14%

♦23%

14%

14%

13,600
2,000

73%

73%

14%

18%

19%
24

*237/a

14%

14%

14%

Weston

19

19%
24

14%

26%

3.80%

12

33
Sep
11% Jan

Jan

Dec

5

7% May 31

Jan

?

July

4V*Jun

65% May
17% May

89

14%

7

14%

25%

*7% "v'i 8
14%
*92%

*16%

Air Brake
Westinghouse Electric com
3%% pfd series A

12

114% Sep

*23%

14%

Western Union Teleg class A_No par

Aug 11
26% Jan 11

6

Not
Jun

May

*,:

125

Jan

98% Sep

27

19%

19%
24

14%

23%

Westinghouse

7

104

23% Mar

22% July

19%
*23%

*102% 104
26
26%.

IO33/4

•106%

Preferred

Mar 30

17

12% Jun JL3
18% Jan
3
28% Feb
8

19%

non-cum

Western

Jan 24

Jan

27%

24% May

Feb

4%

48% Jan 27

Feb

19%

Auto

71

Dec

19%

% 800

108

Western

29% Jun 13

23

19%

20%

preferred

Western

Jan

'13%
9%

4%%

8

.

57% Oct

'

19%

600

l4Va

30

30

'

preferred

Air

92

7

19%

*19

l

West Virginia Coal & Coke
West Va Pulp & Paper com

14
25

34% Jan

Mar 30

102

July

11

81%

West Penn Power 4%%

68% Jan 26

15
7

11%

—No par

Western

30

3

94

10%

—No par

corn-

A

7% Apr 11

29% Apr

20% May 31

85%

i

7

x93

10%

No par

preferred
preferred

12% Jan 20

24

95%

10%

Sugar Corp

41% Mar 12

8

Peb

94%

10%

5%

4.10% preferred series O

43% Sep

10% May
46% May

7%

Sep 14
17% Jan 20

108% Jan

94%

10%

.1

106

4

15%

93%

.ft

4.20%

14

7%

600

46%

46
*13 3%

30

25%

26%

25%

26

14%

ft

108% Jan 26

May 12

35% Jun
104

Class

14

Jun

113

Apr

13% Mar

Oct

51%

Apr

107

3

25%

7%

Co

West Penn Elec Co

24% Aug 10
117% Sep
2

113

Feb

West Indies

23% Jan 21

111%

•

105% Not
100% Oct

38%

14% Jan

114

,

Apr

ley*

July 13
16% Jun 14

*102%

Xl4%

No par

$4 conv preferred

84% Jan 24

78

1033/4

7%

Wesson Oil & Snowdrift com—110

7

119%

104% Mar
103% Mar

100%

Jan

27% Jan

*102%

15 %

Inc

Tobacco

*293/4

7%

Pictures

Motor

14

29%

15%

Wayne Knitting Mills.
Wayne Pump Co
Webster

5% July 15

13

26% May
i

Feb

*113 y*

*19% Jun

preferred

Waukesha

14

7%

3
Washington Gas Light Co—No par

25

15% Jan

3

86%

19% Mar
13%

3% Jan

34% Aug

7

Sep

10

6% May

7
11

Jan

*102%

104

45%
29%

14%
29%
104

15

l

Warren Foundry & Pipe
Warren Petroleum Corp

Jan

14

29%

ft

5% %

Warner

Bros

14%
29%

♦14

100

—

8

Deo

26

Co

4

3

Jan

3%

preferred

95% Sep

14

9% Jan

20y*

i

100

Ward Baking Co common

15% Jan 21

712%

*19% Not

preferred

12% May

*87% Jun

May

32

9y* Not

14

9% Jan

4%

8

26% Sep

14

14

*83 ye Mar

13

Aug 11
Jan

29

Jun

xl2

16% July
101
Jun

105

1

6% Jun

27% May

;

8% Feb

10% Mar

22

-

31

'

Domestic

Foreign
Foreign

Total

governmentcorporate—

_

6,815,000

$33,791,000__ $45,233,000

i

Number 4839

170

Volume

THE

COMMERCIAL

Bond Record
italic

letters

In

the

column

FINANCIAL

headed

WEEKLY

-

"Interest Period"

Range for Previous
Highest

Range Since Jan. 1
Highest

101.11 May
105.1

Sep
Sep

108.28 May

9;

101.11 May

9

1 Treasury

108.13 Jan 20

•Treasury

Dec

Feb

102.22

102.23 Sep

102.31 Jan

102.23 Sep

104.9
101.7

Sep

101.11

1951-1955

27/as

Jun

101.19

Jun

14

F«b

3

102.31 Jan

2%s

1949-1953

Treasury
Treasury
Treasury
Treasury

2 Vis

195(^-1952

2&s

._____1952-1954

2%s

.w-___1956-1958

3

100.24 Mar

102.1

Jan

100.25

103.8

Mar 11

July 25

100.23

Jan

100.23

Sep

100.24 Sep

101.12 Feb

100.16

Sep

101.12 Jun

101.7

100.7

100.26

Oct

100.27

102.26 May
100.7
Oct

May

__

100.28 Jun

Jun

14

103

Aug

8

Treasury
101.14 Sep

102.13 July

102.30 Feb

9

100

Mar

100.4

20

100

Mar

9

May

100.13 Jan

100.2

Feb

100.17 Feb

100.21

Oct

100.21

Sep

101.13 Mar

101.7

Dec

101.26 May

100.31

Sep

100.30

Sep

101.18 July
101.19 July

102.10

Aug 10
July 6

101.3

Jun

Treasury

2 Vis
Treasury 2 Vis
Treasury 2 Vis
tTreasury 2s
1 Treasury 2s

Oct

100.31

105.4

100.21 Feb

g

14

100.21 FCb

9

101.8

Jan 26

101.8

Jan

100.7

Oct

9

101.18 Feb

•104.10

104.12

♦104.9

109.24

•109.14

109.18

*109.14

109.18

103.13

♦103.11

103.13

*103.10

103.12

*103.10

103.12

•103.9

103.11

111

*110.26

110.30

•110.24

110.28

•110:20

110.24

*110.22

110.26

112.2

*111.28

112

*111.26

111.30

•111.23

111.27

♦111.24

111.28

113.16

*113.10

113.14

♦113.8

113.12

•113.8

113.12

♦113.10

113.14

100.18

♦100.16

100.18

♦100.15

100.17

*100.15

100.17

*100.15

100.16

101.25

*101.22

101.24

♦101.22

101.24

*101.22

101.24

*101.21

101.23

*103.7

103.9

100.22

100.21

104.11

103.10

♦103.8

103.10

*103.7

103.9 \

*103.7

103.9

106.14

•106.8

106.10

*106.5

106.7

*106.4

106.6

105.2

*104.30

105

*104.28

104.30

•104.29

104.31

♦105 r,. ,105.2;

104.14

*104.10

104.12

*104.9

104.11

♦104.9

104.11

*104.12

104.14

103.29

*103.28

104

-*103.31

104.1

*103.29

103.31

*103.27

103.28

*103.24

103.26

103.24

♦103.19

103.21

103.21

♦103.16

103.18

102.30

105.29

*105.25

105.27

102.30

*102.25

102.27

♦102.23

•103.4

103.6

*103.4

103.6

*102.23

102.25

*102.23

102.25

*106.4

106.8

*106.2

*105.1

105.3

*104.30

106.7

•106.5

-

'

*103.27

*103.22

103.24

*103.23

103.25

♦103.26

103.20

*103.19

103.21

♦103.24

103.17

*103.16

103.18

*103.21

102.23

*102.23

102.25

*102.23

102.25

*102.28

102.30

*105.21

105.23

*105.22

105.24

•105.23

105.25

102.25

*102.23

102.25

*102.28

102.30

*103.3

103.5

*103.3

103.5

♦103.2

103.4

♦102.21

102.23

*102.22

102.24

*102.23

102.25

♦106.2

106.6

*106

105

*104.27

104.29

*104.26

104.28

♦104.27

104.29

102.27

102.27

*

•

♦106

/ 106.4

;

—Sep 1949-1951

102.30

♦102.26

102.28

♦102.23

102.25,

♦102.23

102.25

•102.25

102.29

♦102.25

102.27

*102.22

102.24

*102.22

102.24

♦102.24

•100.11

100.12

*100.11

100.16

'

*100

100.12

•100.11

100.12

*100.11

•100.16

100.17

•100.16

100.17

*100.16

100.17

•100.16

100.17

*100.15

*100.30 100.31

•100.30

100.31

*100.30

100.31

•100.29 100.30

♦100.29

100.30

•101.22

101.23

*101.21

101.23

*101.21

101.23

•101.21

101.23

*101.21

101.23

*101.29 101.31

*101.28

101.30

♦101.27

101.29

*101.27

101.29

*101.27

101.29

*102.3

Jun 1952-1954

' *

100.12

*100

*100.11

1951-1953

\i

102.26

100.12

*100

1951-1955

:v

-106.4

*102.28

—Dec 1949-1951

r
,

103.26

*103.15

'•

103.28

♦103.18

106.6

*102.25

103.29

*102.27

—Dec 1959-1962

Sep 1950-1952

102.4

♦102.1

102.3

♦102.1

102.3

*102.2

102.4

*102.2

102.4

*102.12

102.13

*102.11

102.13

*102.10 102.12

•102.10

102.12

*102.11

102.13

2s ——i___1953-1955

*104

104.4

*104

104.4

*104

lVis

Treasury
Treasury

100.16 Apr

•100.20

104.12"

♦109.20

•100.20

•102.28

__Jun 1959-1962

Treasury 2s
Treasury 2s

9

100.22,

*104.10

109.26

•105.27

1956-1959

2s

*100.20

104.13

*109.22

**102.28

1954-1956

—

100.23

*104.11

109.28

*103.19

_____1952-1955
__

*100.21

104.13

•103.26

—1951-1953

__

100.23

*103.22

-Dec 1967-1972

2s

Treasury
101.18 Feb

'

-Jun 1967-1972

Treasury 2s
Treasury 2s

as

-

-Mar 1950-1952

Treasury

_

CLOSED

—Sep 1967-1972

2 Vis

Bends ($)

High

•104.12

>.1966-1971
___

the Week

Sept. 16
Low

•105

1965-1970

Treasury 2 Vis
Treasury 2Vis
Treasury 2 Vis
Treasury 2 Vis
Treasury 2 Vis

Sept. 15
High

Low

•103.8

101.13 Jun 24

30

Sales for

*

High

•106.12

-Dec 1964-1969

101.28 Jun

Low

•

Friday

Thursday

Wednesday
Sept. 14'

i

High

•101.23

Treasury 2 Vis
Treasury 2 Vis

6

Low

High

"•100.16

—Jun 1964-1969

Treasury 2 Vis

Sept. 13

•113.12

1960-1965

STOCK

2

Low

Tuesday

-

r

•111.30

1958-1963

EXCHANGE

Aug

Sept. V4

•110.28

1956-1959

1963-1968

103.2

Monday

*

•103.11

1962-1967

7

100.18 Jan

102.26 May

100.23

9

Feb

•>

•104.11

•

2Vis

Apr

bonds matura.

point.

•109.24

"i

Treasury 2%s
Treasury 2 Vis

103.8

month when the

a

•100.21
,•

Agu 10
July 25

104.6

of

r

High

1951-1954

14

F*b

104.9

the

case

32d

more

<•

1955-1950

110.23 Mar 11

each

or

1949-1952

3s

Jan

101.19

Low

Treasury 2%s
Treasury 2%s
"Treasury 2%s
Treasury 2%s

_

one

Sept. ID r-

f Treasury

26

In

Saturday

STOCK

3V8s

Treasury
108.13 Jan

110.23 Mar 11.
101.18

YORK

EXCHANGE

105.28 Mar

107.4

NEW

Lowest

.

27

LOW AND HIGH SALE PBICES

GOVERNMENT BONDS

Year 1948

(1103)

YEARLY

-

Indicate

Figures after decimal point represent

Lowest

CHRONICLE

New York Stock Exchange

«c»
FRIDAY

The

&

*103.30

104.2

*103.30

104 2

*100.17

100.18

*100.16

100.18

•100.16 100.17

♦100.16

100.17

*100.16

100.17

*101.2

101.6

♦101.2

101.6

102.16

♦102.12

102.16

—Dec 1952-1954

__1950,

104.4

International Bank for
Reconstruction & Development

94.10 Jan

98.30 May

98.24 Jan

101.2

84.14

99.30 May

99.11 Jan

102.16 Sep

2s

Jan

July 14

10-year 2Vis
25-year 3s

2

1957

du^Seotd 1949 01, called Sept. 15 at 100, 2s due Dec. 15, 1949-51, called Dec.
sept. 1949-51P1called^SentleiiTfrtT//
due

15

at

RANGE

Friday
BONDS

Interest

New York Stock

Exchange

Period

101.8

'101.4

101.8

102.18

•102.14

102.18

transaction,

FOR WEEK ENDED

r

Registered

or

Sale Price

Bonds

Friday's

Bid <fr Asked

Range Since

SEPTEMBER

Sold

bond

102.18

Low

J-D

106 VI

106"

4

104

Interest

New York Stock

Exchange

Period

Last

Week's Range
or Friday's

Sale Price

Low

107%

15

J-D

3 Vis Series No.

1

64%

J-D

17

64%

3Vis Series No. 21

J-D

65%

-58

64 %

"5

64%

■>;7

63%

59% '65

67%

60%

65

*64

J-D

64%

J-D

64 %

58%

65%
65

55%

65

64%

1

55%

65

64 %

2

60

70

64%

64%

2

57

66

e64% e64V2

20

56 V*

65

64%

J-D

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64%

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56

64 %

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J-D

3Vis Series No. 23
3Vis Series No. 24

-

65
65

60

6

<

—

High

64

64%

3Vis Series No. 26

59%

10

64 y2

64%

J-D

J-D

3Vic Series No. 25

64 y2

Jan. 1

Low

63%

J-D

3Vis Series No. 19—
3Vis Series No. 20

Foreign Securities

,V 64

Range Since

Sold
No.

64%

*63%

3Vis Series No. 18

3 Vis Series No. 22

Bonds

High

J-D

3 Vis Series No. 16

,.y

Bid & Asked

High

s

called Dec. 15 at 100;

due 1949-53,

16

Friday

Jan. 1

No.

High

•102.12

transaction.

BONDS

<

3 Vis Series No.

.1980

101.4

fnn bein®^al,led for rederaptlon: 31/aS due 1949-52, called Dec. 15 at 100; 2Vis
100.
a Odd
lot

New York City
Transit Unification Issue—

Corporate Stock

•101.1

♦102.14

Week's Range

Last

Low

3%

*101.4
*102.14

____1972

•

67%

"

•

60% ,65
64%
59

3Vis Series No. 27

Telephone

Members

REctor 2-2300

120

New

York Stock

Teletype

Broadway, New York

65

J-D

♦64

65

58

J-D

*63%

__

60%

63%

88%

101%

Brisbane (City) s f 5s
Sinking fund gold 5s

1-1693

NY

*63%

3Vis Series No. 30

Exchange

*64

J-D

3 Vis Series No. 2V—

Wertheim & Co.

J-D

3Vis Series No. 28__

1957
1958

Sinking fund gold 6s
Canada

(Dominion

4s

1960

Agricultural Mtge Bank
AGtd

sink

fund

1947

6s

1945

J-J

f

f 7s

AExternal

s

7s series D

f

sec

AExternal

sec

f

s

7s 2d

1957

(City) external 5s
Australia (Commonwealth) 5s

1958

45

46%

81

6

71
62

A6s

93%

37 %

A Extl

46%
46 Ye

37%

'

46%

A 6s

12

37%

46

46%

12

31 Ve

46%

A-0

46

46

3

37%

46

95

106

AExternal sinking fund 6s
A68 assented

98%

103%

—

J-D

105

1041/4 105

19

J-J

100

99 Ve 100

168

F-A

92%

92%

'

90

1

97%

1957

J-D

91%

91%

12

89

95%

1967

J-D

88

88 %

19

85%

92%

1966

External

fABrazll

s

f

extl

f

s

f 6Vis of 1926

Stamped pursuant to Plan A
(Int reduced to 3.375%)
AExternal

s

f 6 Vis of 1927

21

89%

85

84%

■

93%

J-D

.'•118

121

73

—

74

74

--

A 6s

1978

A-O

1979

-"i

A-0

J-D

53%

74

54%

55

54%

74

__

—

55

78

A-0

*72%

1979

A-O

53%

J-D

1978

J-D

11

74

46

F-A

—

__

''
X

27%

F-A

M-8
M-S

27%

M-N

—

J-D

1961

Munic

7s_

'

—I960

-

M-S

-

J-D

M-N

36%

1

26

29

25

29%

34%

37 y2

28

26

29

34%

37

*35%
27%

35%

27%
27%

27%

27%

26

-

29

35%

29

35%

37%

26

27%

36%

26%

28

•35%

M-S

37%

34
■

*35%

27%

29

36

28

35%

27%

M-N

1962
1960

assented

34%
60

A-O

1962

29

27

A-O

1961

,

36%

25%

27%

40

28

iqri

29

35%

28

J-D

J-D

37

25%

30

26%

28

26%

J-D

29%

*35%

M-N

J-D

,

29

37%

34%

27%

*35%

—1961

assented

26%
34%

♦35%

A-O

37%

26

*27%

*27%

29%

34

*35%
27%

37 y2

25%

27%

*35%

A-O

_

—

28%

34 y»

*35%

J-J

37

25%

30

*35%

J-J

1957

AChlnese

(Hukuang Ry)

5s

1951

*

4»/4

29

4%

7

7%

For Financial Institutions

54%

61

—

A-O

*27%

59

35

*35%

—

72%

43

33

A 7s

A-O

1957

assented

54 y8

55

60%

54%

54%

62

♦72

—

45%

20

a 68

ACbllean Cons

r\

1957

v

M-N

1993

AGuaranteed sink fund 6s
;

74

M-N

___1963

6y2s

Bank

AGuaranteed sink fund 6s

120

60%

2

Mortgage

1942

1963

ASinklng fund 6%s

112

115

...

107%

1962

A 6Vis assented

93%

102%

■■

assented

A6Vis assented
:

'

1952

(Central Ry)

Stamped pursuant to Plan A
(Int reduced to 3.5%)___
9%

88 %

*87%
*109'%

1957

Stamped pursuant to Plan A
(Int reduced to 3.375%)
A7»

,,r

——

J-D

1941

88

-

J-J

1955

external 8s

Stamped pursuant to Plan A
(Int reduced to 3.5%)
s

F-A

6s__1955

7s

(U 8 of)

AExternal

J-D

1962

(Kingom of)

sinking fund 6s

Extl b t $ bonds 2-3s
A Chile

104%

1962

AExternal sinking fund 6s
A6s assented

a 6s

8

♦57

Sep 1961
Sep 1961

46

44%

A Extl

105% 105%

J-J

Feb 1961

45

46V4

104 VA

105%

J-J

Jan 1961

46%

37

102 y8

100

Jan 1961

f 6s

——

1956

20-year 3 Vis
15-year 3Vis

s

A6s assented

1

101%
102%

100

8

29

Feb 1961

assented

ARy external

98%

1

98%

100ft

102% 102%

1960

sinking fund 6s

8

102%

1960

assented

45

10-year 3Vis

Belgium

f 7s

98%

98%

A-O

1942

s

45

—-

20-year 3Vis
i

External

assented

AExternal sinking fund 6s

37%

——

■

—

1955

10-year 3 Vis

62

—

9

50%

*45%

■

A-O

Antwerp

—

93%

*45%

.....

A-0

series__1957

f 7s 3rd series__1957

s

46%
■

J-J

1st series

f 7s

AExternal

1945

—

93 %

——

J-J

1945

♦61

70

.....

—

..

1961

'

J-J

1945

series C

s
s

s

Af-S

7s series B

fAExternal

lAExternal
lAExternal

♦61

(Rep)

|A7s

'

A-O

1968

4s

coll 7s A

(Dept)

F-A

1948

Akersbus (King of Norway)

fAAntloquia

iAChile

(Colombia)—

fAGtd sink fund 6s

98%

'

/-!>
.

1954

(City) 8s

—

F-A

1950

of)

25-year 3%s
A Carlsbad

Foreign Govt. & Municipal

Jf-S

65

72

55

54%

55

20

46%

55

—

52%

53

8

42%

53%

67

67

62%

71

57%

69

FOREIGN

funding bonds of 1931 due__1951

SECURITIES

Stamped pursuant to Plan A
(Int reduced to 3.375%)
External $ bonds of 1944

1979

A-0

FIRM TRADING MARKETS

(Plan B)—

"'V2-'r

3Vis Series No. 1

J-D

3Vis Series No. 2

J-D

67

67

67

3Vis Series No. 3

J-D

67

66%

67

6

59

69

3 Vis Series No. 4

J-D

67

66

67

25

57%

69

3Vis Series No. 5

J-D

——

58%

69

3Vis Series No. 7

J-D

—'

73

73

3 Vis Series No. 8

J-D

68%

1

62%

73

3Vis Series No. 9

J-D

•68 %

58%

73

3Vis Series No. 10

J-D

3Vis 8eries No. 11

J-D

3Vis Series No. 12__

J-D

3Vis Series No. 13__

J-D

3Vis Series No.

J-D

For

footnotes

14

see




page

„

25

*66
''

'■

4

*68%

73

*68%

——

60%

70

64%

—.,-r

■—

68%

64%

•

•63%

——

—''

*64

—

64%

——

64%

64%

2

65

FOREIGN SECURITIES SPECIALISTS
50 Broad

58

66

i

1LL
__

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^

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55%

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Teletype NY 1-971

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65

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.

31.

•z

St., New York 4, N. Y.

73

58%

r.AM. MABES A r.O. IMC.

TTL

——

28

(1104)

COMMERCIAL

THE

YORK

NEW

&

FINANCIAL

BOND

RANGE FOR WEEK ENDED

Friday
BONDS

Interest

New York Stock Exchange

Period

Friday's

or

Bid & Asked

A 6s

of

1928

Oct 1981

*

f

s

bonds

$

5ASinking
#ASinking

fund 7s of 1926

-.1946

1947

6%)

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External

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A

extl

French

to

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83%

f

72

71

77

55%

55%

55

61%

J-J

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48

45

52%

L967

J-J

*12

15

1949

M-S

104% 104%

ig64

$

72

paid
paid

M-N

_____

1968
ext 6%s

extl

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1977

to 3%

/-J

1977

'

m

1977

J-J

___1952

36%

32%

18

110

32

47

31%

31%

51

55%

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45

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6

28%

7,
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i_i
milium"
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15%

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1904

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1910

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1954

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1945

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5%

1

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5%

ass'td

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t0A1922
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J-J

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(1942 agree)

s

f

to
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s

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sec

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s

pursuant

to

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&

reduced

to

(Int reduced to
For footnotes

see

B

ser

(4%

mtge

gen

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5%

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37

„

96%

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A-O

88

104

95%

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96

*101

J-D

89%

^-3

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39%

" M-S
* M-S
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82

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39%

28

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35

4^

61

80

88

91%

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83%

(2%

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fixed

contingent interest)—
G

due Dec 1 1995

fixed

J

conv

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30

4s

—

due Dec 1 1995

income

series

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1st lien

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ref

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15

59%

73

46%

245

39%

52%
85%

M-N

1980

M

67%

45%

Va—

S'western div 1st mtge 5% ser A
(3% % fxd & 1 % % cont int)—1980
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39%

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May

Feb 1 2010

-1985

1951

60%

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13

66

78

84

3

80

95

84

84

5

80%

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753%

29

84

J-J

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1951

D

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65

66%

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1951

ser

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100

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99%

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1961
3%s s f debentures
1964

10 y4

:

' j_d

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ser

ser

,..1970

J____

1976

K

100

M-N
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11

1043/4

97%

100 %

99%

1023/4

__

1003/4

973/8

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5

101

,1967

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1961

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J-J

74

74

19

74

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46

17

443/4

mtge 5s series II_____
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15

30

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15
19
b

_1954

31

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27%

29%

39

39

39

40

32%
37%

33%
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12

27

33%

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10

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1969

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1952

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104%

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100%

102

103% 103 %

23

101% 101%

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\

87

101%
.

Z 90 %

-

26

57%

98%
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37

'

•

100%

103%
100
102 %

61%
102

38%

23%

A-O

1950

83
101

33%

1

modified

Terminal

Consolidated

v

30

..1968

82%
89%

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Gen mtge 2%s___
_____1976
Buffalo Niagara El 1st
mtge 2%s__1975
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14

40

27%

35

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16

39

(Ernesto)

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:

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1960

J-J

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r

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108

3

100

101%

;
■

3

2012

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CIT Financial Corp—

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1959
California Elec Power 1st 3s__—11976
Calif Oregon Power 3%s__,
1974

1

1945

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1999

A-O

1968

J-D

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45

34%

'

33%

40

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.

28%
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o

51

29%

5s

gold

5s

29 V*

__-_1970

gold

4%s_

gold

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gold

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Ry—

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41

A
_

70

72

66

79

41

73

of

102

.

95%

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104

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30

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113

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112

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41

105

106%

98%

98%

45

93%

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=

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J-J

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M-S

1965

107%

5

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10834

■

J-D

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503/B

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;__1981

104

104%

44

Central

99%

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'

stock (perpetual).!_

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11951

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103

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1956

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&

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J-J
,

-

1955

55%

V

70

Pacific

101% 101%

—

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1962

Oct 1969

Guaranteed

>

—

M-N

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4%s____„__._1957

gold

/.Guaranteed

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__

J-J
J-J

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53

__

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J-J

1999

National

Guaranteed

.

Canadian

to Plan A

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1999

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M-N

1935

34%
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28

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40

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2012

1957

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1965

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101%

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61%

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17

■

May
May
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64

,

64

42%

42%

42%

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—

page 31.




1193/4

10

99%

*100

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~

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89

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87

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1950

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2001

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105%

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1940

2%)

102%

Ref & gen mtge 6%
(2%%
and 33/5% contingent

81%

8s

8s

1033/4

99%

38

J-D

_2008

f

93%

54%

98

Stamped pursuant to Plan A
(Int reduced to 2.25%)
2004
71 1967 stmp
pursuant to Plan A
Gnt reduced to 2.25%)
2004
A Rome
(City of) 6y2s
1952
A Sao Paulo
(City) 8s
1952
Stamped pursuant to Plan A
(Int reduced to 2.375%)
2001
Stamped

101%

16

10

99

104%

40

102%

98%

101% 102%

102%

26%

83

'

A6y2s extl secured

98%

118%

12

1

,

1926

102

102

128%

109

49%

196I

2%)

of

M-S

122%

8

102% 102%

M-N

July 1952

17

118%

49%

1950

gold

118

933/4

8s

fund

127% 128%

118

493/4

80

1947

pursuant to Plan A
reduced to 2.5% )

1273/4

M-N

55

91%

f 7s

8tampcd

A-O

121

*90%

1961

(State of)—
*A8s extl loan of 1921

92

124

97%

1959

2%)

81%

70

69%

59%

963/4

to 2.375%)
2001
7%s 1966 stmp
pursuant to Plan A

,

*69

59%

Rio Grande do Sul
,

A-O

5.9%

83%

1940

to Plan

105

78

58%

80%

,1968

to

104%

1023/4

102

58%

19K3

reduced

103

25

*78

58%

96%

„,/Infc reduced

(Int

37

104%

104%

q-j

59

96%

fund ®old 8s

Stamped pursuant

104% 104%

104% 1043/4

a-O

A-O

59'/a

96%

2008

pursuant to Plan A

114

1133/a

59%

96%

.I960

reduced to 2.375 %)
AExternal sec 6y2s

1063%

j.jj

M-S

a_o

pursuant to Plan A

Stamped

703

r

102

M-S

F-A

1947

.

107 3 8

94

J-D

A-O

ser

(City of)

110%'

103%

due Mar 1 2000

963/a

i967

«aw!ini reducfd t0 2.25%)
lARlo de Janeiro

103

46

due Mar 1 1996

30

1953

(City of)

173

K___^

93

assented

APorto Alegre

107 % 108%

105% 106 %
112% 1133/4

M__.

25%

7s

assented

2

107%

106%

Series

28%

assented

s

101% 101%

j-d

Series

96%

2.125%)

F^bllization loan
A4yas

07%
105%
100

92

11%

96%

1963

.

10

113/8

28%

;_1994

AN,afc loan extl s f 6s 2d
lAPoland (Rep of) gold 6s

J-D

99%

8%

*95 y4

to Plan A

to

99

J-D

1995

5%

1%

and

t9J/4

1965

P of) external 7s
ANat loan extl s f 6s 1st ser

A4%s

mtge

and

M-S

ref 3%s series B

(Int

-

1st

(Republic)—

Stamped

88%

101'/a

B

8

Af-N

___Il955

Ext

26

49%

M-S

Municipal Bank extl s f
5s_IIIIIl97o
P»ll> (City) sink fund 4%s

lAPernambuco

23

225

Santa Fe—

&

1st mtge 4s ser A...

~8

1957

Stem?Pmn/S|?/nted xS7
mod 3%s ext to

a-o

99% 100%
96%
97%

105% 105%

,*■

^Baltimore & Ohio RR—

__1963

Stamp

96%

1053/4

92

10%

M-S

.

100%

99%

J-D

5%

-1958

4%s

94%

A-O

July 11995

Series

to Plan A

,(Int reduced to 2.125%)
2008
Nnrn?1^ (Kingdom) 3%_J____.ii957 !
Norway

1003/8

j-j

_____1966

Pgh Lake Erie & West
j

92

1962

interest)

1959

76

40

10

V*. M-S

2.125%)___2008

81

99%

10%

__

Plan A

6%S—_

pursuant

863/4

99%

1969

4s

Series

to

80%
100
92

75

10%

*10%

~a-o

1953

6%s—

reduced

external

Panama

9%

J-J

*r

,

6%
6

18

86

J-J

?

J-J

1952

pursuant

Stamped

,

20

106

92

99%

J-D

(State)—

external

Stamped
(Int

7%

92

983/4

86%

1966

___

;
ASmall ___;
AMilan (City of) 6%s

A Sec

8

7 %

663/4

m-s

1964

Ref

agreement)

ASmall

A6s New ass'td

'

7%

7%

lass'td

1913

101%

15

100%

7%

mm

,

JATreasury

,

100%

*70%

*100

July 1995

1

Atlantic Refining 2%s debs

J-J

agree)"IIi963

(1942

103%

F-A

1963

-

A4s New

104%

104 %

J-D

1959

Atlantic Coast 1st cons 4s.
General unified 4%s A

4

22

57

104%

1973

11

11

36%

II

101% 101%
4

M-S

Atlanta & Charlotte Air Line
Ry—
1st mortgage 3a/4s

t

93/8

COMPANIES

1957

General 4s_._

IH lA

14

106% 105%

A-O

.1987

debentures..
debentures

Atchison Topeka

6

53%

CM

A-O

_-1902

debentures—

81

~5

6%'

*104%

j-j

1986

conv

89%

70

INDUSTRIAL

A-O

88

81%

~3

12

6 3/4

M-N

1975

11

63/4

4%

*5

87

79

82

-

AND

86%

82

__

*77

F-A

__1961

8%

10

*8%

J-D

ass'td (1942
agree)_1968
(assented to

agreement)

J-J

1980

7%

~7%

11

*9%

to

agreement)

89 %

196?

debentures.

3s

1

Q-J

|

.

883/4

__1966

Ann Arbor 1st gold 4s
A P W Products Co 5s

4%

4%

,

ASmall

F-A

1952

debentures

93

130%

81

23

893/4

Q-J

1922 agree—1945

ALarge

*87%

F-A

3ybs conv debentures
Amer Tobacco Co deb 3s

__

*87%

1958

debentures

2%s

83 3/4

M-N

.1958

deductions.

conv

90 Va

1

r

11

__

83%

J-D

_1984

debentures

23/4s

M-N

J-j

*121

83%

1978

3!/4s

6

130

1978

debs_

3s

92%

8

11%
15%

11

__

1979

conv

Foreign Pow deb 5s
_2030
Telephone & Telegraph Co—

2%s

,

102

1

"

conversion

debentures.

2%s

11%

r

1945

M-N

M-N

Airlines

92%

11%

5%

3

*126

*130%

American

•____

Asmaii
5A5s Assented to

&

33/es

1943

92%

F-A
M-N

1st

60

44

99%

J-J

1946
1964

fa s extl

2%s
99%

7%

1937) —
_„_1979

Southern

■

A-O

73/4

of

Great

51

12

J-D

6s

Power

American

37

27%

70

53/4

17%

mtge 3%s
1972
Albany & Susquehanna RR 4%s__1975
Alleghany & Western 1st gtd 4s__1998
Allis-Chalmers Mfg 2s debs
1956

40%

3

56%
46%

10

*8%

bond

Alabama

37

48

,

10

J-D

fund

($

2%s

1922 agree__1943 '

due

32%

51

80

15

1960

8s

6s

Alabama

393/4

,

16%

10%

1957

3y2s
extl

fund

AAdriatlc Electric Co 7s

10%

101%

26

J-D

JT-JD

y

100%

1

10

RAILROAD

65

53

.

35%

J-J

.111951

ANew assented (1942
agree)__1968
ASmall
1968 "
Mexico (Republic
of)—
5A5s of 1899—
;

5%

17

.

—

55

68%

M-N

12%

Amer

A4y2s small

ALarge

63

r

Bk) 7s
1957
6%s_—__1954

to

36 y8

J-J

194*7

9%

*65'/a
*100%

78%

70%

38

80

1958

7s_

4-4%-4%s extl readjustment
3%s extl readjustment
AWarsaw (City) external 7s
A4%s assented

104%

6

11

9

A-O

i960

f l-3s

s

F-A

1960

f 5s

s

*9%

3 % -4 % -4

14

10

101%

2

'

High

48

—

68%

68%

*

M-N

readjustment—

External
J-J
J-J

Low

58

70%

1958

extl

sink

33/4-4-4%s

(Republic of)—

1, 1970

Jan.1

■

—

'

80

_1902

extl

sec

sink

External
Jan

J-J
A-O

1962

(Republic)

AExternal

Jan 1,1970
Jan 1, 1970

Range Since

Sold
No.

(Kingdom)—

external

B

lAUruguay

63

97%

64%

—

t

2012

2%)

Sydney County Council

t

52
743%

Bonds

High

(!.

assented

Bi%

.

14

assented

of

92

27

Metropolitan Water Sewerage & f
^
Drainage Board 5%s
,__1950
Mexican Irrigation—

A4s

57

91

J-J

1968

to

(Prov of)

23

"41
91 %

30%

AMedeUin; (Colombia)

1922

ASilesia

113 7/a

90'/a

Altaly (Kingdom of) 7s
AJugoslavla (State Mtge

A4s

104%

89

__

■

12%

1

79%

§A7s series B
Italian Public
Utility—
"
Credit Institute
1% to 3%
AExternal 7s

1922

series

6

80'A

of) 7s
extl 78

of

17

16 v

89%

fubiic Works

A4s

secured

A7s

F-A

Italian Credit Consortium
for

A5s

A8s

A-O

(Republic)

.v,,v

79

1955

part

;

84

63%

16

M-S

2C04

2.25%)

Serbs Croats & Slovenes

68%

11

'•

J-J

reduced

23

106% lU6%

A-O

1942

6s

(Republic

5A4y2s

(Int

76%

1962

Helsingfors (City)

,

I

Range
Friday's

Stamped pursuant to Plan A

80%

4!/2s

Irish Free State extl
Italian

„

16

108%

1950

to

A6s extl dollar loan

80 y4

,

loan

reduced

75%

80%

or

Bid & Asked

(continued)—

water

(Int

47%

5%s

part

A 6s

J-D

1960

extl

Republic
Government—

Greek

M-N

1977

(State)

extl

47

gold

s

Estonia

M-N

Week's

Last

Sale Price

Stamped pursuant to Plan A

A4%s

4s extl s f $
3»/2s extl s f $

„

j_d

1951

A7s

47%

41%
41%

__

gold

Salvador

„

42%

;v

(int reduced

extended

20-year

63

"41
"41

(State)—

Stamped assented

45 %

"41

M-N

F-A

1953

(Rep of) 7s
(Republic of) 4%s extl

to

46'/a

1952

ACosta Rica

lADenmark

35%

A-O

fund 7s of 1927

Czechoslovakia

82%

44 y«

Period

Low

82

70

_1947

(City) 5s
gold 4%s

25-year

70

"11

45'/a

Interest

High

*77

A-O

Copenhagen

,

Low

No.

J-J

__1970

lAColombia Mtge Bank 6%s__

Cuba

High

BONDS
New York Stock Exchange

Jan. 1

A-O

_Jan 1961

16

Range Since

Sold

Ban Paulo

1927

external

RECORD

SEPTEMBER

Friday
Bonds

(Republic of)—

A 6s of

3s

Monday, September 19, 1949

Week's Range

Last

Sale Price

Low

Colombia

CHRONICLE

■■

1

19

64

40
108

72
52

108%

Volume 170

Number 4839

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

(1105)

29

NEW YORK BOND RECORD
RANGE

Friday
BONDS

Interest

New York Stock Exchange

Period

FOR

of N J

gold 5s

Last

or

Sale Price

Friday's

fold

Range Since

registered
General 4s
A 4s

Central

61 %

123

49%

Q-J

Power

60 V'2

61

64

49 y4

78

55%

56

30

48

70

Q-J

1974

3s

A-O

1974

F-A

1968

F-A

Champion Paper & Fibre deb 3s—1965
Chesapeake & Ohio Ry—
General

Ref &
R

gold 4 Vis

2d

1992

Div

1st

consol

M-S
M-N

101%

1996

imp M 3%s series H

A

&

F-A

102%
104%

gold 4s

General 4s
1st

&

ref

series

104% 104%
*122% 125

J-J

*113 y4

inc

mtge 4s inc

1997

J-J

_

1985

A 2d

mtge 4 Vis inc

Chicago Indiana

A

ser

Jf-N

14

98%

99

5

94%

35

18

32%
67

75

75

76

4

61

60

61

14

*120%

:.i

118

..

Gen

102%

111

110% 112%
105

105 V*

104%

101ft

106 ft

111

V

J-J

Jan 2015

mtge 3 Vis ser E

1964
1990

J-J

2000

J-J

1953

M-S

123

57

72

95%

99%

"2

60

80

89 ft

Jf-S

1971

59%

60

A-O

mtge 3 fts ser F
mtge 3 fts ser G
mtge 2s ser H

cons

1st

cons

Ohio

Div

1st

3 fts

mtge

*98

102

83

83

83

82%

*—

79%

87%

99
102

99

102

102

102

: •

87

77%;
Firestone Tire & Rub 3s debs

49%

2

45%

65 ft

15

33

51

—:

81%

94 ft

98%

11

102ft 102%

120%

75

56%

37%

*87%

—

A

ser

cons
cons

1st

48%

J-J

inc 4y2s

mtge

1st
1st

101%:

36%

__

1st 5s

stamped

75,.

72

100

*101

46ft:

__

J-J

1st mtge 4s ser A
u
1994
Gen mtge 4Vis inc ser
A—Jan 1 2019
4Vis conv inc ser B
Jan 1 2044
Chicago & North Western

*102

A-O

49%

Erie Railroad Co—

r

Chic Milw St Paul & Pac RR—

A-O

1965

99

J-J

1956

1965

111ft

68

89%
100 ft

46

*105

5s

111%

108%

67

87 ft
97 %

*147

Jf-S

"

J-J

4s

109%

4

J-J

Jan 2003

A

ser

J-J

1970

El Paso & Southwestern

V

34

_

M -N

1995

113%

16

Jf-N

Jan 1983

& Southern

125

99

Chicago Ind & Louisville Ry—
A 1st

118

109%

__

1956

(NY) 1st cons gold 5s
Elgin Joliet <te Eastern Ry 3y4s

107ya

100% 101 Ya
—

mtge 4Vis__^—Jan 1 2038

104%

110% 111%
108% 108%

F-A
F-A

Chicago & Erie 1st gold 5s
1982
Chicago Gt West 1st 4s series A—1988
AGen

111%

1970

B

ser

F-A

1985

1st & ref mtge 2%s
Chicago & Eastern 111 RR—
AGen mtge inc conv 5s
1st mtge 3% s

J-J

1977

B

mtge 3 Vis

East Tenn Va & Ga Div 1st 5s

103%

23

J-J

F-l

Ed El 111

103 ft

97

J-D

1958
4Vis

ref

97

18

1973

88%
50%

-*48%

130 ft

2

24

1989

gold 4s

1977

71

105%

100%

*100

J-T

73%

96%

28

High

ioi y«

122%

65

64%

105ft

ioo

Low

69%

*87%

M-S

1937

Duquesne Light Co 2%s__

102

103

101% 102'%
102% 103

1989

cons

28

130 ft 130 ft

Chicago Burlington & Quincy RR—

1st &

105

Jan. 1

No.

100% 100%

100%

Jf-N

-1961

Range Since

Sold

.

68

J-J

Chemical 2.35s debs—
{§ ADul So Shore & Atl gold 5s

Bonds

High

*62

J-D

Dow

105%

99%

105

*102% 102%

1996

Impt M 3%s series D
impt M 3Vis series E

Ref &

*101%
105

J-J

Bid & Asked

J-D

gold 4s
1995
Detroit Term & Tunnel 4%8_
1901
Det Tol & Ironton RR 2%s ser B—1976

49%

102%

105'/8 105ft

Detroit & Mack 1st lien gold 4s—1995
ASecond

49%

1*1

Week's Range
or Friday's

Last

Sale Price

Low

78%

60 % '

J-J

Period

Exchange

High

60%

Ry Co—

1st & ref 3 Vis ser A
1st mtge 3%s ser B

Ref &

Low

60%

1987

York

Pacific

No.

New York Stock

J-J

1987

registered

Central New

High

Interest

A'.':-:';/

BONDS

Jan. 1

1987

A 5s

A

16

Friday
Bonds

Bid A Asked

1987

gen

SEPTEMBER

Week's Range

Low
A Central

WEEK ENDED

J-J

97%

97%

Apr

55

52%

55

93

48%

45

42%

45

115

38%

47%

46%

47%

321

46 ft
86'/a

A

Certificates'

of

Jf-N

1959

J-D

1974

M-S

—

1956

104%
103%

*103%

—

48

51

111

45%

103

103

2

102%

15

99%

50%

45%

M-N

General Realty & Utilities Corp—
A 4s conv inc debs
.1969
Goodrich (B F) Co 1st mtge 2%s_1965

91%.

102%
101%

23

,103% 104%

104%

M-S

deposit

Francisco Sugar coll trust 6s

59 ft

__

1961

1st 4y2s

1st & ref 5s series A

M-S

103

65 ft

59

104%

54

Apr

A

65

Apr

{Florida East Coast

97%-

37

96;

103%

Ry—

2nd

mtge conv inc 4 Vis
Jan 11999
1st mtge 3s ser B
1989
Chicago Rock Island & Pacific Ry—
1st mtge 4s series A

J-J

.

1994

J-J

AGen mtge conv 4Vis ser
A_Jan 2019
Chicago St L & New Orleans 5s
1951
Gold 3Vis

106

88%

12

102%

J-J

-100

1st mtge 3'/as series F
1st mtge 2%s ser G
Chic & Wqst'n Indiana conv

jl963

J-J

1963
1952

General

gold

4s

5s

Ref &

1969

Cin

Wab &

104%

104

14

101%

106%

100

103

102 ft

1st &

102%

102 ft

—

102% 102%

*110'%

71

19

106%
99

__

J-J

J-J

91%

91%

2010

J-J

80%

80%

2

75

80'/a

ser

R__,

1961

J-J

96%

97

8

94%

98

60

.

West deb ctfs A
ctfs B

series B

Gulf

102%

States

July 2015
1969

1st

1968

M

57%

34

48 ft

Jf-N

*98

99%

*54

1st mortgage 3s

1978

A-O

*104 Va

3s

1969

J-J

*103% 104%

1

65 ft

86 ft

54%

68%

50

62 ft

77%

87'ft

57

Jf-fl

Household

J-J

107% 107%

104%

107%

Hudson Coal 1st

106% 106%

104'%

107 ft

Hudson & Manhattan

79

Finance

Corp
f 5s

2%s

101%

-1970

series A

99

1962

J-D

1957

F-A

61

A-O

27%

1st 5s A

101%

100

100%

90%

"60%

26%

A-O

-

*97% 100

A-O

106% 106%

3

105% 105 %

17

106%

Illinois Bell Telep 2%s series A.__1981

J-J

102% 103%

5

98 ft

103%

1st mtge 3s series B__
Illinois Central RR—

J-D

*106

25

39%

50%

M-N

103 ft

45

45%
100%

A-O

*100

M-S

*104% 105

96%

6

99

121%

"9

100%

55

170

102

1st

98

J V 100

101%

gold

4s

gold

gold

1st

1951

:

1st

105%

Purchased

1974

Af-S

*101%

__

100%

101%

Collateral

El 3 fts

1970

M-S

*107%

-_

106

108

Toledo 1st extl 4s
Commonwealth Edison Co—

11958

F-A.

*106

107ft
106 ft

Litchfield

*35

A-O

101 % 101%
103 % 103%

6

.

J-J

gold 46

1953

M-N

1955

M-N

5s

Div

.1966
1st

3s

103

70

103%

105%,

100

*100%

101%

101ft

1

100%

103

103% 104%

33

103%

107%

86%

87

102% 102%

5

101 ft

104

F-A

84

85%

J-D

1950

.

gold

101%

6

M-N

1955
1952

Cairo Bridge gold 4s

104

Jf-S

101%

A-O

>.

103

101%

101% 101%

j

-1952

,

Debenture 4%s'
25

J-J

106%

101

-t

3%s__

trust

Refunding

J-J

1951

4s___
lines

,

102%

102%

106 Va

1951

trust gold 4s_

103%

107

28%

97

101% 102%

1951

1

gold 3%s.,_;

sterling

3s

Collateral

104%

1978

3 %s_:—;

Extended

*

Refunding

106%

67%

19 ft

99

61%

96

79

15

91

28

99%
127

100%

95

101%

,

106%

103%

104% 108

,

F-A

103%

101

*101

A-O

A-O

96

99 %

103

__

*127

J-J

Feb 1957

s

AAdj income 5s

F-A

61

H
Hackensack Water 1st mtge 2%s__1976
Hocking Valley Ry. 1st 4y2s_--.
_1999

J-D

*77

95%

99%

83%

debentures

101 ft

•

96

J-J

1977

99V*

95%

40

60%

1971

:

60

2

57

57

J-J

1976

2%s__

74

1

99%

Apr

103%
1017/a

97

69%

69%

A-O

1st

&

*99% iooy8

J-J

99
59

1964

—*

J-J

.———1975

Jan 2044

Util

100%

102

102

70%"
10%

7

8%

*7%

A-O

D

Collateral trust 3%s

111

62%

*64

Feb

1959

A_'

96%.

Feb
.

inc 4s ser B

*105 ft 106

88%

77

102%

103%
100%

J-J

—-1951

*100% 104%

100

*101% 102%

100%

1978

J-D

*105% 106%

104

A-O

*104

101%

104%

Louisville Div & Term gold 3y2s_1953
Omaha Div 1st gold 3s
1951 '

J-J

-1999

J-J

*102

103%

104 Ya

St Louis Div & Term gold 3s

J-J

*100

1951

J-J

*101

100 ft

102

1951

J-J

*100

101%

101%

*102%

101%

103

100

101%

Conn Ry & L 1st & ref 4y2s
Conn River Pwr s f 3%s A

1951
1961

F-A

Consolidated Cigar Corp 3 fts
-1965
Consolidated Edison of New York—

A-O

1st &

ref mtge 23/4s ser A
1st & ref mtge 2%s ser B

mtge 2%s
series

1982

Q

inc 5s ser

A-O

ref 3s

P

ser

ref 3%s seris

1973

1st &

ser

91%

Greyhound Corp 3s debs
Gulf Mobile & Ohio RR—

Corp—

debentures

ref

95%

2%s

86%

M-N

1980

3 fts debentures
Columbia Gas System, Inc:—

1st &

92 ft

2

79

83%
71

o

J-D

1977

1st mtge 3s series L
1st mtge 3s series N
3s s f debentures

2

92

Columbia Gas & Electric Corp—

Columbus

95

2%s

Gen mtge

102 % 102%

J-D

1961

1st mtge & coll tr 4s_

debentures
Columbus & Sou Ohio

97%

95

Bay &

102%

*102 ft

J-J

1972

3s

97%

J-J

ADebentures

12

*82%

1973

Iron

A Green

103 ft

*94

1950

(stamped modified)

3l/4s

2 fts

103%

J-J

2000

■

gtd 4 fts
Terminals Co—

&

mtge

106%

•

1990

O

1982

series B

Fuel

mtge

N

ser

1970

1st mtge 4Vis series C
Colorado & Southern Ry—

Colorado

Gen
"

98

ser

9

1990

mtge 5V2s series A

4 fts

72%

101

J-D

1991

1st 4s

Series D 3 fts gtd
Cleve Short Line 1st

1st mtge 5°

mtge

65

102%

J-D

1993

Div

Union

3yes
3 fts

104

F-A

1977

1st mortgage 3s
Cleveland & Pittsburgh RR—

1st

118%

93

103

F-A

1993

1st coll trust 4s
Cleveland Electric Ilium 3s

Cleveland

124

116

mtge
mtge

1

1961

B

Mich Div

120

9

Gen

6

1966

impt 4y2s series E__

St Louis

14

118 ft H8%

Gen

Louis Ry—
-

series

103 ft

J-J

1974

City Ice & Fuel 2%s debs
City Investing Co 4s debs

General

123% 123%

118%

Gen mtge

1st mtge gtd 3%s series E
1st mtge 2%s ser G

110%

123%

J-J

80

103% 103%

A-O

1978

mortgage 2%s
Cincinnati Union Terminal—

107%

3

J-J

1976

102

105% 106

M-S

1975

1st

108

J-J

1973

1st & ref 4s

Cine Gas & Elec 1st
mtge 2 fts

St

106

J-J

1962

108

103%;

—-1952

4y2s series D

71

101ft

'

4s

102 ft 103

103

87

82

89%

*87%

Jf-N

General 5s series C

71

71

J-J

1st & ref 4 fts series D

&

98%
104

66

71

Chicago Union Station—

Chic

Great Northern Ry Co—
General 5y2s series B

Gen

2%-4 fts

Cin

107%

Gen

Chic Terre Haut*. ** S'eastern
Ry—
1st & ref y 2%-4 fts

Cleve

106

General

J-J

1994

91%
97%
103% 104

104

J-D

Memphis Div 1st gold 4s

Income

42

97%

J-D

1994

106% 107 ft

J-D

1951

87%

106%

Apr

'951

*86

—

101

A-O

99

1972

J-D

——1972

105%

106%

101

104 ft

103 ft

Gold

1st gold

100% 101
99

.

12

99

101 ft

94%
98%

102

*104% 105%

3%s

gold 4s

99 ft

*99%

F-A

1951

Registered

99

7

101% 101%

M-N

96

5

F-A

1951

3%s

Springfield Div

Western Lines 1st

M-S

1977

D

105% 106
*—

—1982

C

ser

106

105 ft

101%

F-A

103

100%
100%

100

111 Cent and Chic St L & N O—
•

•'

Joint

1st ref 5s series A

J-D

1963

102%

105 ft

J-J

105%

105ft 105ft

10

102%

105%

—.-1963

J-D

112%

112 ft 113%

506

105%

113%

Illinois

Consolidated Natural Gas 2%s_—1968
Consumers Power 1st mtge 27/8S—1975
Continental Baking 3s debs
1965

A-O

101%

103%-

Indiana 111 & Iowa

100 Va

104 ft

99%
94

98

92%

105

99%

99%
94

Indianapolis Union Ry Co—

1st & ref mtge 3s ser E
3s conv debentures

—1979

—

Crucible

Steel

§ A Cuba

Northern

1st

8

102% 102 ft

1

99

94

1

93 ft

95%

44

44

2

44

52

30%

31ft

94

Ry

J-D

1st 5y2s
—

1942
—.—

1952

receipts

30%

J-D

J-J

,

*81

61

102ft,
•

&

1st

ref

28

10

ref

4%s

mtge

series

4s

Terminal

1963

A

1970

J-J

1st gold 4s

1950

J-J

A

1st

Adjustment 0s

27

36

A

81

A 1st

25%

30 ft

6s

series

1986

J-D

D
4s

ser

§A7V2s series A deposit rets

1940

J-D

*30 ft

31

29

1946

J-D

*29 J/2

31

30

35

1975

A-O

*101% 101%

1978

J-J

*106

1978

J-D

*105%

1965

J-D

*102

44

86

5

78

*92

87

91
1

100%

98 ft

92%

100%

100

100

*90

93

—

—

—

74

100

J-J

1952

75

94

59

76%

■

■

A-O

24%

23%

24%

86

20 ft

26ft

1950

J-J

69%

69%

70

56

53%

71%

1956

J-J

69%

69%

70

36

53%

1944

A-O

63

63

63%

88

60%

series A___ July 1952

B

gold 5s series C-J
{AInternat Hydro-Elec deb 6s
Int Rys Cent Amer 1st 5s B

35

§A6s series B deposit
receipts

series

94

86

RR—.

A

A 1st

5s

92%

J-D

Ry

C

86

J-D

1963

ser

Ref & Imp 2%s ser C
{International Great Northern

79

83

28

28

J-J

—

103%

103% 104

J-J

M-N

Cuba RR 1st 5s gold

§ A Deposit

103%

i M-S

mtge 3'/a8——-1966

§ ADeposit receipts
A

*„

1st
'

*97%

M-N

-1972

99

71%
71

100

97

—

D
Dayton Pr & Lt 1st mtge 2%s.
1st mortgage 3s
1st mtge 3s series

Dayton
Deere

A

Union

&

Ry 3%s
2%s debs

Co

B

ser

.—_____1965
Delaware & Hudson 4s extended1963
Delaware
N Y

Lack

1st
A

Lack

M

5s

ser

'

& Essex

Coll

1st

Power

C

90%

96%

M-N

1993

Af-N

78 ft

78%

78 ft

Af-N

&

coll

tr

J-J

1993

J-J

Apr

1993

J-J

56%

57%

4

J-D

1979

2%s

57%

A-O

1977

tr

mtge

W3

2018

coll

*105 J/4

87 ft

Kansas

68%

lst

52%

69%

105%.
106

104

104

5

104

104

92

104

93

7

87

93

60

60%

83

58

65%

81%

15

'

Denver & Rio Grande West RR—

A (3% fixed
contingent int)———

Alncome

mtge ser A

& Salt Lake

Income

1%
Detroit

mtge

& ref 3s

Gen

&

3s

ref

conv

For

'•

3

64%

3

T

96%

77
102 ft

—

City Southern Ry 1st 3s- .1950

A-O

.1975

A-O

.1968

•

.1974

t

.1987
Kentucky Central gold 4s
Kentucky & Indiana Term 4%s_. .1961

t

Stamped

'2%s—

I

1961
1961

104%

104% 105

*103%
*102%

A-O
J-J

—

J-J

*114%

I '•<

—

—-

9

10015

101%

103 ft

105%

99%

104%

i

—

99

II

183

II

.1964

A-O

.1958

lf-fl

Laclede Gas Light 4%s conv debs—1983
Lakefront Dock & RR Terminal—

lf-fl

100%

98

108

108

A-O

Koppers Co 1st mtge 3s__
{AKreuger & Toll 5s ctfs

114%

50.

♦97

J-J

.1997

99% 102%
114%

__

*30

J-J

.1961

103

104%

34

—

*98

C

W—

J-J

Kings County El L & P 6k

unguaranteed

■

J-D

96

100%
102%

—

100 hi 100%

-

85

*

„

102%

'

*,«»' '

-'

mil

nil

'

*179

103% 103%
*1

180

173

101%

105

%

8

1%

2

107%

120

—

fixed
int)

3%s series

G

1966

series H_——-1970

2%s series I

1982

debentures

footnotes

60%

f

(3%

contingent

Edison

Gen

*103%

mtge 4s ser A

4%s
.

(4%%

contingent int)
Denver

*102

J-D

Plain

1st mtge ser

1%

66

102 ft

•76

J-D

1978

Kansas City Terminal Ry

103
106

__

102

Power & Light 2%s_ .1976

mortgage 2%s

73%
48

1

60

66
102 ft

K

1st mtge 3%s series B

*49%

66

A-O

Kanawha & Mich

1st

1973

Light 3s
3 fts

&

1st gtd gold 4s_ .1990

102

103 ft

15

91%

lf-fl

Kansas City

May 1 2042
&

mtge

1st

91

101%

division

4-6s

Tr

Delaware

91%

1976

104ft

102
5

103% 103 ft

c: :

Income rxtge due—

Morris

M-N

104

__

105%

J-D

Jersey Central Pow & Lt 2%s

102%

Co—

RR

Western div

ref

&

West

&

&

A-O

Jamestown Frankl & Clear 1st 48—1959

98%
102%

„

see

—1958
page




31.

81%

M-S

106

81

M-S
J-D

__

110%

r

82

3

107%

110

106

106%

8

104 ye

106%

*101

v

77%

107% 108

108

J-D

101%

98%

101%

105%

110%

110% 110%

./■

74

•

1st mtge

st 3Ves ser A_

-1968

J-D

118%

118ft 120

134

30

(1106)

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

Q

: :

j

Monday, September 19, 1949

NEW YORK BOND RECORD
FOR WEEK ENDED

RANGE

Friday
V',

Interest

BONDS

New York Stock Exchange

or

gale Pries

Friday's

Bid & Asked

Low

Lake 8h to Mich Sou gold 3%s
3%s registered

Lautaro
A 1st

Nitrate

1W7
1M7

89

High

89

89

*84

IS

Friday
Bonds

New York Stock

Jan. I

Low

No.

mtge income

N

90%

Lack &

Y

4 Vis
N

&

Haven

74%

RR—

f-a

*99%

98

101 '/a

p-a

83%

83%

3

78

96Vi

1st mortgage 4s
1954
JAN Y Ont to West ref 4s—June 1992
A General 4s
1955

1974

W'A

77

79%

5

72

93

N Y

66

67%

58

68%

68%

4

Harlem

.

1964

Lehigh Valley Ry Co NY 4%s ext. 1980
Lehigh Valley RR—
stamped modified

r-A

67%

w

56%

River

&

Port

A-2022

ser

72 %

N

Y State Elec to Gas 2%s

N

Y Steam

2009

Jf-M

2003

M-N

4%s stamped modified
4Vis registered

2003

Jf-H

37%

36%

37%

50

32

46%

8 A 2d

2003

gold

37

37

37

11

31

42%

8 A General

2003

goid

40%

40%

40%

11

35

49%

50%

50%

30

50

52%

54

56

registered

stamped

Gen
4

cons

Vis

5s

modified

mtge 4s ser A

series B

series

C

A 4s series

1

w

34%

Jf-M

2003

wl

34%
34%

30

178
3

1

2003

i

w

34

34%

2003

D w i

14

32

35

3

61

74

34%

35

72

72%

Little

Miami gen 4s series A
Lombard Electric 7s series A

106% 106%

14

1969

..1981

Lorlilard (P) Co deb 6s
38 debentures
Louisville Gas to Ilec 3 Vis

1981

72

%

A-O

US

■100

1-D
F-A

108%

1963

A-O

US

108%

30

102%

105%

104% 105

12

104

108%

Western

M-9

94%

1st to ref M 2%s series O

94%

D___

2003

A-O

82%

83

H

2002

A-O

97%

100%

Louis Div 2d gold 3s
Atl Knox to Cino Div 4s

I960

jf-a

*90

93

92%

93 Vi

1st

1968

Jf-M

109

109

107%

109%

to

ref

M

3%s

ser

St

100%

100% 100%

87%

94%

3

76%

84

10

Coll

Macy (R H) A Co 2%s debs.
Maine Central RR 4yas
1st

mtge

to

4s

con

ser

.1973

A

ser

1984

B

•88

92%

*88

89

85

3s

*

55

61

61

3-J

100

3-D

Metropolitan Edison 1st mtge 2%s
Michigan Bell Telephone Co—
debentures

1A74

Jf-M

*103% 104%

100%

103%

A-O

*103

103%

107

ifftt

-

100%

us

*99%

Jf-M

102% 102%

3-J

*75

MS

108 %

MS
J-J

105

194o

A-O

*48%

A-O

*102%

1967

St Paul to Sault 8te
Marie—
1st mtge 4Vis inc ser A
Jan 1971
AGen mtge 4s inc ser A
Jan 1991
Mo Kansas to Texas 1st
4s

1990

Missouri-Kansas-Texas RR—
Prior

lien 5s series

40-year 4s
Prior

lien

series

A

105 %

105%

66

14

105% 105%

1

A

68%

69%

82

44

JS

IS

19m

4Vis series D

IS

1

B

JS

1971

70

*61%

.

§ A 1st

Pacific

69%

2%s

75%
37%

87%

289

75%

87%

163

75%

1949

Jf-M

24%

24

25%

266

20%

27%

1980

A-O

87%

86%

87%

112

75%

89%

1981

rs

87%

36%

87%

79

75%

89%

56%

5

Essex

±st

1958

gtd 3 Vis

56%
•

us
•

:

MS

A

?2

AS

50%

•

55%

17

50%

3-D

73%

16

70

*

69

13

91

1

100 %

3s

1980

3-D

series E

trust ctfs

4%s

General

5s

series

series

mtge 4 Vis

Gen

deb

series E

3 Vis

mtge

3Vis

series

F

debentures

conv

104

104

Pere

103%

105%

Phila

98%

100%

General

102

83

89%

Peoria

89%

*104%

A-O

J-D

MS

105

__

105%

II

*99% 100%

101%

*101%

*117% 118%
A-O

104

Certificates
series

of

5

101

101

104%

104%

101

*104%

AS

68%

__

69%

102

143

69

52

104%

103

66%

MS

*103

IS

AS
A-O

104

*102%

P-A

103%

103%

104

103%

103'A

104

20
5

100%

104

1

113%

116

48

95%

106%

52

96%

110

30

85 %

7

,84%

65

104

99%

113% 113%

98%

87 %

87%

89'A

IS

87%

87'/a

89

AS

96'/a

93%

99% 101

100

99% 100 V*

IS

77

77'A

2

75

4s

ext—

1960

3-D

117

AS

56%

119

122

57

55

16

106%

4s

Apr 1990

&

Wash

117

RR

series

5s

P-A

1980

Jf-M

14

1977

15

.1961

MS

Ry 5Vis

Marquette Ry 3%s
Bait

Apr

1974

1974

Pekin Union

D

ser

*11%

50
10

14

103%

*103% 105
102

102%

114

—

114

27

96

tr

4%s

114

*107%

5

105%

21

114

series

1971

IS

2%s

1967

US

ioaa

1974

us

r-A

3iII""*1974

1981

I'D

102% 102 Va

1

if-a

1978

rs

104'/a 104%

4

101%

9%

5

7'%

103% 103%

33

V

-99%

*75

.

75

103%

3-3

*105% 106
100
100%

3-3

*103% 104%

3-3

102% 102%

A-O

98

96%

1964

P-A

96

94%

93%

94

105%

Phillips Petroleum

104

94

19

w.*

Xo

98%

98%

99

94%
94

r-A

i-

95

2013

A-O

2013
RR—

A-O

54
56 y8

55%-56% vy

62

>

53%

General mtge 3Vis

62

63

69

59%

73

77%

3Vis registered
Lake Shore coll gold
3%i
3 Vis registered
Mich Cent coll
gold 3Vis.

78

16

68%

.

3-3

77%

—1997

3-3

74

—.1999

rs

54

.1999

r-A

*103'/a

:1963

P-A

*109%

1964

MS

*110 "

1970

IS

Cons gtd

-1999

r-A

-1999

registered

r-A

New York Chicago to St Louis—

mtge 3 Vis ser E
mtge 38 ser P

mtge

Connecting RR 2%s series B..1975

A-O

92%

P-A

100%

series B

2000

66%

3-3

A

ii.

—1975

2
3

64%

1975

60%

53%

5

50%

2

49%

7

94%

100% 100%

58

91

96

90%

105

107%

•

•

105%
103%

108%

•

■

113%

109%

_

114 '/a

1965

100%
...

IS

AS

29

100%

3

97

4

75

75%. 76

100%

96%

99%

107
108
89

101'%

102% 102%

100%

100%

103

100% 100%

'97%

103

1st

mtge

IS

*83%

85

81%

92%

1959

AS

83%

83%

81

92

mtge 4 Vis series C
:
—1960
Pitts Youngstown & Ashtabula Ry—

AS

*83%

85

80%

92

*108%

—

107%

109

4%s series B

'1st

v

.:

gen

5s

1st

gen

4%s

series C
series D

1962

rs

1974

1st gen 5s series B——

is

.1977

JS

*—

99%

•~

96%

—

'

95

Pittston

92%

Potomac

99%

101 %

1st

mortgage

3'As

1977

P-A

•108

106%

108

100

1st

mortgage

3s

1983

JS

*104% 106

102

104%

100

30

15

85%
100

92 %

100% 101%
*100

—

100%

10

99%

103%

•100

Chem 1st mtge 3%s_1964
Consolidation Coal—

.

61

52

10%
103%

103%

..

■

102 V*

.

56%

53%

99

75%

Coke to

Steel 1st mtge 4%s_—1958
Pittsburgh & West Virginia Ry—
T ^
1st mtge 4%s series A
1958

75

52
50

7»A

101%

102

104%

97

__

100

AS

AS

Pittsburgh
3 Vis debentures

52

*95

3-J

2043
->age 31.

100%

Jf-M

55043

series

5s series B„_
mtge 3%s series E

1st

A-O

1951

5s

Gen mtge

52

54

99

103

103%

Pgh Cine Chic & St Louis RR—

,.

3-D

1986

1st gold 4s

gtd 4Vis series J

243

52

r

i960

N Y to Harlem gold 3 Vis
Mtge 4s series A

4%s series I..;

Pittsb

74

_

*104

61%

537/a

„

*102%

rs

Gen

v

99%

*99% 100 %

J-D

50

74

•

__

a—.

MS

94

*48%

~

9

1960

Pittsburgh

my

■

1957

Cons

(

81%

y4

54%

100%

1953

Gen

nil

debs

4 series F
gtd 4s series G
Cons gtd 4s series H

99

93

2%s

99%

2

*8%

AO

i.
1

92

■■'imii

-

Pittsburg Bessemer to L Erie 2%s__ 1996
Pgh Cine Chic & St Louis Ry—

?'•

85%

II

deposit......

ts

8

102% 102%

Cons

96

03

"

..1937

101% 103

*102 Ve 102%

rs

93

88%

4

1st s f 4s

—1964

98

89%

:%1

of

•

A

102%

Cons gtd

88

2

■'t.

.




2%s_

2%s,.._.--.......

iSAPhilippine Ry

_

impt 4Vis series A

lootnoies see

ref

ref

100%

97

95%

96

98

*95%
94%

ws

deposit

•vJf & 'lmpt 5s series
C
N Y Central to Hudson
River

to

to

103%
2

;

1st

1st

A Certificates

__

A

1st to ref 2%s

,

75

103%
100 V*

98

116%

Philadelphia Electric Co—

118

2%s

15

16

103%

110

ref

deposit

of

61%
104%

106%

ref

igge

87

119

104'A

&

deposit

101 %

106%

_.

105

105%

to

4sIHIIl9M

101%
102

Co—

B

coll

■

1st

idm

104'/a

'

96%
100%

1st

19M

of

Certificates

For

107

105%

107

4Vis series D

4s

IS

103

100%

101

3-D

9
4

103%

1933

105'%

106% 106%

*106% 107%

deposit

of

Certificates

Mtge

100 %

104

104% 104%

.'imm

3-3

C

Certificates

N Y Dock

*104% 105 y2

— -

■

104%

1988

„

N Y

AS

105

104

—

1st

102%

104%

Now York Central RR
Co—
Cons 4s series

Ref

100%

95%

103

tNew Orleans Texas
to Mexico By—
A 1st 5s
series B
7994

3 Vis

93 %

10

*104% 105

Northeastern RR~

Ref & Imp 4Vis series A
Term 1st gtd

to

27

102% 102%

MS

Telephone~3Vis

New Orleans

sf

100% 100%

AS

19!t1

Junction RR gtd 1st 4s
Jersey Power to Light

5Vis

&

Philadelphia Co
ioar

New Orleans Great
Nor 5s A

A

IS

«...

'

Co—

3s debentures

A 1st

Eastern

&

A Income

1st

A

102%

105%
105

100%
102%

—

A-O

General gold 4%s series C—

A 1st

♦102

95

105%

1963

A-O

A

101%

MS

;

2«m« D1,St£ler,S Pr°duct"sTy8s~debsI 1974
National Steel

5s

101'/a

Peoples Gas Light & Coke Co—

Peoria

A

6

5

98%

.1985

105 V*

A 1st

105 Va

99% 100

103%

1952

102%

New Orleans &

«...

IS

;

93%

New

105%

103%

_____1984

103 %

N J

101%

.1981

2

ion,

31

1965

7

Jersey Bell

105%

105%

.1968

A

B

104% 104%

New

105%

102 %

5

1960

sinking fund 4Vis

102% 102%

gtd 4Vis series B__
3s debentures

102%

RR—

*87%

Tel

106%

II
12

52

1965

debentures

r-A

1954

106

__

105%

103% 104

1975

General 4%s series D

3s

1957

105%

105'/a 105%

1952

3s_

General
98

105 y8

N

1968

103%

103'A

debentures—1960

3-D

to

~8
8

105'/a

105%

1964

3-D

England Tel

101

3-D

1987

—

in70

New

95

3-D

1985

igge

Corp 1st mtge 3s
National Supply 2%s
debs
Naugatuck RR 1st gold 4s

100%

1983

•

2%s~debs~1970

debentures

—

96

1982

—

__1986

income

conv

f

s

Cons

1st

3s

105'%

*104% 105

IS

MS

Pennsylvania

65

98%

105% 105%

16%

100%

6

105

——

3-D

US

Conv

Nashville Chattanooga to St
Louis—

1977

.1981

1978

1st mtge

81%

*97%

——

10%

3

105

105

N_j

____.__.1983

Gen

mtge 3s series B
National Dairy Products

1979

M___

series

Pennsylvania Glass Sand 3%s
1960
Pennsylvania Power & Light Co—

58%

72

—

series

debentures

Gtd 4s

102 %

54%
67%

."

21

Pennsylvania Co—

104%

101

1

107

105'/a 105%

105

debentures

'

debentures

JS

debentures

A3%s

62%

103%

104%

101% 101%

—.

'■

•

us

1986

1979

*103

—mm

——

us

ligu

Mountain States Tel &
Tel 2%s
3Vis

;r

4-1*

ig««

1974

111 1st s f gold 4%s._. 1955
Pennsylvania-Central Airlines—

•

'•!

105%

105

L

series

debentures

3 Vis

89%

MS

99%

13%

*106%

IS
IS

3%s

89%

86%

rs

10

100'A

105

3-D

1970
1971

Paducah &

349

86%

87%

&

3s

1966

I

49'A

47%

87%

US

1991

101%

97

*100'/a 100%

~

K

series

Pacific Western Oil 3%s debs

MS

Constr M 5s series A
Constr M 4 Vis series B

3s

series

89%

MS

Morris

3%s

3 Vis

1975

B_IZIl966

—

ref M 3s ser S
Tel to Tel 2%s debs

Pacific

61

rs

gtd 4s

102

98%

99%

13%

r-A

&

85%

1977

1st

& Electric

ref

1st & ref 2%s series Q
1st & ref M 3Vis ser R

70%

& Co 3s debs

98%

7

Co—

Gas

&

53%

~197i

to Malone

5

100

100

AS

74%

series P

(John)

95
95

103%

105% 105%

AS

-.1975

2%s series F___

series G

Monongahela Ry 3 Vi»s series

95%

__

1067/a 106%

IS

1960

3s

5s

Mohawk

81

3-D

3s

5s

Morrell

83

9

102

99%

MS

3s ser A

80%

H

4

64%

J-D

ref

i960

ref gold 5s series
ref 5s series I

us

1979

ref

ref

&

88

55

101% 101%
*101%

A-O

1978

ref

ref

A 1st

61 %

72%

m-a

1948

to

&

A 1st to

102

101%

1975

&

59

A

r-A

3s

mortgage

&

to

ser

77%
86 %

11974

1st

1st

gold 5 Vis

54

II

62%

76%

86%

3%s

mortgage

1st

1st

59

45%

101%

56%

Champlain Ry—

87

4

:

*57%

85%

Oklahoma Gas to Electric 2%s

102%

38

i 47%

106%

94%
42

62%

85%

4s

ref

A 1st

AConv

97

99

61%

99% 100

mtge 3s
2%s

mtge

70

47

107'/a

36

85%

1st

to

59%

87%

61%

Q-A

.1979

guaranteed

Edison

1st

62

68%

'86%

85

131%

112%

81

59

■

72
128

111
105

104

99%

debentures

JOgdensburg & Lake

108 %

67%

General 4s

105%

109%

100

AS
'

101 %

102%

JS

87%

Q-P

1977

66%

■

4

85%

1974

41

***»

103
9

tl-/

1979

1st

79

64

75

106%

2

US

2%s

ref

101%

10

103%

Telephone— '

to

48%

72%

ZJ

97% 401%-

11

lu7%
103%

AS

1st

11

77

111

US

QV

3-3

105 %

20

35

108'A

130% 131%
111

3S

2%s—

1st

69'A

77

A-O

W

1st & ref 3s series J

44%

46%

14

Co—

Power

1st mtge

105%

4

4

107%

M-5

1978

Ohio

103

Jan 1967

1st to ref 5s series A

A

States

105

_.

82

*106

33

62 V4

—2047

1st

IS

3-3

~1

77

1975

102%

53

98%

28

101% 101%
106% 106%

4Vis

100

98

26

14

74

1975

1st

ACum adjust 5s series A
IMlssouri Pacific RR Co—
A

"l

*105% 105%

1957

Minn

99%

*106% 106%

1969

t§AMidland of N J 1st ext 5s
Minnesota Mining to Mfg 2%s

MS

r

5

75%

108% 108%

1969

1st mtge 3%s
37/as s f debentures

100

..

36%

3-3

Oregon-Washington RR

Sag 3 Vis

1st gold 3 Vis
.1962
Ref to impt 4Vis series
C
I1979
Michigan Cons Gas 1st mtge 3Vis.
1969
1st mtge 2% a

63%
107%

95

100%

97

—

36%

*60

mtge 2%s

1st

Michigan Central—
Jack Lans to

87%

*102

3-3

mtge 3s
(Wise) 1st mtge

91%

Jf-M

iom

1st mtge

104%

1017/a

102%

M-M

100%

50
96

14

11%

7:5

71%

65

1950

May Dept Stores 2%s debs

3 Vis

100%

1988

Feb 11987

Lines) 4s

Corp

65

1972

Manatl Sugar 4s sink
fund
RR (Southern

Manila
Mead

3-D

102

65

8

——2047

impt 5s series D

(Minn)

3Vis
102

J-D

55

99%

MS

^...1997

—

1st mtge 3s
Northwestern Bell

US

1900

54%
*98%

105% 105%

3-J

series A.______1974

4s.—

trust

Northern

M

55

105%

14

1st

1st

Ref &
10

AS

6%

Pacific Railway—

lien

Ref & impt 5s series C—

Nashville RR—
M

98%

35

......

A-O

to

ref

5

14

registered
—..1997
Geqeral lien 3s
—
Jan 1 2047
3s
registered
2047
Ref & Impt 4%s series A______2047

1971

to

2%

101% 101%

us

*—

Ry 1st gold 4S.1996
& rex 5s
1974

4s

2009

1st

8

r-A

___1943
1982

5s___

ser

101% 103%

59

P-A

gen

4 Vis

ref

3:7:

8%
3%

Ry

Central

&

102

8

3%

A-O

3%s series P

Louisville

102

8%

J-O

US

Northern

<

102

MS

1966

to

50%

104% 105%
105

'. Jf-M

1940

gold

Southern

Prior

106%

■106% 107

48'%

P-A

Norfolk

103

26%

69%

33%

_1978
1981

Gen

106%

56

195

—1937

Telephone 2%s

Northern

103

..^.:

5s—.___.___.1937

Niagara Falls Power 3Vis.

123%

120

'122

A-O

137

40

RR—

5s

1st

Norfolk

A-O

1968

1st to ref mtge 3s

Y

60%

38%

Co.—
AGen mtge 5s conv inc—.——2014

60

32%

35

Lehigh Valley Terminal Ry ext 68.1901
Lexington to Eastern Ry 1st 5s
I960
Liggett to Myers Tobacco 5s
1981

SATerminal
N

29%

30

31%

Susquehanna to Western

refunding

59%

39%

MS

mtge 3%s ser E
Ref mtge 3s series F___

27

28

30%

Y

60%

w

Ref

56

27%

31%

2003

A5s series F wl

JN

§ Alst

6

28

2003

_

40

80

2003

A4Vis series E wl

41%

30

72%
81

May

1963

4 Vis

Jf-M

6s

4s

High

3-J

—1977

1st 3%s

Corp

62%

*71

.

Chester—

Power to Light 1st mtge 2%s_1975
N Y to Putnam 1st cons gtd 4s_—1993

70%

60

.___2007

mtge conv inc 4%s

,15

Jan. 1

Low

'

1964

1st to ref mtge 4s ser A..

97

Range Since

Sold

No.

C9%

*73%

1984

94

91%

AGen

stamped
Lehigh Vai Harbor Term gtd 5s

■

69%

Jf-M

Hartford

88

—

93%

Bonds

High

——1973

DM

92'A

Friday's

Jf-M

AS

*92

or

Bid A Asked

1973

1871

58

A

4s series A

series

New

Y

West

1970

reg

Week's Range

Last

Sale Price

Low

96 Vi

74%

11

Period

Exchange

High

81

90

Interest

BONDS

Range Since

Sold

Ltd—

Co

Lehigh Coal to Navigation Co—
S P mtge 3%s ser A
Lehigh Valley Coal Co—
5s stamped
58 stamped

4s

JS

1G

Week's Range

Last

Peris*

SEPTEMBER

100

1st

mortgage

2%s

1984

MS

95

100

1956

US

;

Co

5%s

Elec

Providence

Pwr

inc

debs

1st

Terminal

mtge

4s

1964

3%s__ 1966

IS
IS

*99% 100%
1C6

106

99%

99%
106

99%

100%
107 %

99%

THE

Number 4839

170

Volume

COMMERCIAL

&

FINANCIAL

CHRONICLE

(1107)

NEW YORK BOND RECORD
FOR WEEK

RANGE

Friday
Interest

BONDS

Last

Period

New York Stock Exchange

or

Sale Price

3s

1963

1st

&

ref

mtffo 3s

1st

&

ref

mtge

Quaker

Oats

2%s

2%s

deb

.y-.r

105% 105'A
♦108% 109%

J -J

♦148 »/2

rf-D

101 %

A

m

*—

J-D

109 y4

146%

106%

148
220

104

102 %

Orleans 3%s__1974

New

Range Since

Sold

High

Jan. 1

No.

Low

High

100%

102%

Pacific—

Pacific-Missouri

Term RR of

Bonds

Bid & Asked

tThird Ave Ry 1st ref 4s

♦102%

J-D

44y2

45 y4

17%

18

16%

*94

95%

94

102

*99

J-J
A-0
J-D
MS

1960

Jan I960
Toi & Ohio Cent rel <b impt J%»—1960
Trl-Continental Corp 2%s debs—.1961
AAdj income 5s

.—

100%

98%

100%

41

•

71%
45%

104 %

100%

*102% 103

106%

103%

104% 104 y4

Week's Range
or Friday's

Last

Sale Price

Low

105 y4

215

__

Interest
Period

■

High

107%

*217

1964

.

16

" "v

New York Stock Exchange

Low

No.

High

;

BONDS

.

Jan. 1

Texas

M-N

196«
2037
2037
1972
1979

1st & ref mtge 3%»
1st & ref mtge 5s
1st & ref mtge 8s

16

;

Range Since

Sold

Elec & Gas Co—

Service

debentures

SEPTEMBER

Friday
Bonds

Friday's

Bid & Asked

Low

Public

ENDED

Week's Range

Co of Mo

Union Electric
1st mtge

1971

3%s—

♦109%

M-N

110

108%

—

102% 102%

5

99%

102%

104 % 104 %

A-O

—1975

& coll trust 2%s

l

100%

104 Va

103

104%

'

Oil

Union

2%s
M-N

Reading Co 1st At ref 3%s ser D__1995
Reynolds (R J) Tobacco 3s debs__1973

91%

A-O

89

91%

105

—

5

.

93%

85

1

102%
117

119%

2%s

Rochester

Gas & Elec Corp—
mtge 4%s series D
mtge 3%s series H

Gen
Gen
Gen

mtge

ctan

mtge 3%s

3%s

J A Rut-Canadian

series

M-S

1967

M-S

119 % 119%

——,

t§ARutland RR 4%s stamped

M-S

M-S
J-J

1941

!

1967
1949

J

stsmpra

J-J

♦__

107%

*106

——

106 Va

*8%

J-J
J-D

M-S

95%

A-O

103% 103%

F-A

1991

deb

101%

♦102% 102%

——

•

——

99%

,

series C

2%s

100%

3

106%

105%
7%

A-O

—1967

debentures

91%
99%

101%

1

93%

94%

94%

.

*96% 100 %

—-

12%

97

1

5

94%

95%

95%

'•

96

96

75%

83%

10

8%

103

103%

101%'101%

94%

M-N

—1976

2%s debs

103% 103%

'

2%s

—

«—

——

9%

*9%

•—

mtge

S Rubber

U

>

1967

1976

3s

United Biscuit Co of Amer 2%s__—1966

...

——

RR—

debentures

Ref

1977

1969

I

series
as

Pacific

M-N

1970

Calif

of

debentures

Union

106%

1

105

1968

debentures

3s

10%

—1959

Universal Pictures 3%s debs

MS

,

83%

~

1

83%

X T

V
c

Saguenay Power 3s series A
St Lawr

2d

Adlr

&

1st

1996

mtge lnc 4%s
bond

4s

2d

inc

4s

J-J

bend

Gen & ref

1997

*99

Jan 2022

May

54%

1989

ser A

87%

M-W

ctfs

Nov 1989

gold 5s series A

Union

1990

J-J

Jan 2016

J-J

1st mtge 4s series A
AGen mtge 4%b series A

(Jos E)

Sons

&

2%s

1974

F-A

-

99%

AO

—

1979

J-J

1985

F-A

1987

J-J

1994

J-J

Bell

Tel

Tel

debentures

2%s

debentures
Indiana

Southern
1st

Ry 2%s

Pacific

4%s

A

1969

M-N

88%

1981

M-N

84%

San Fr Term

1st mtg 3%s ser A-1975
Pacific RR Co—

1st

mtge 2%s series E
1st mtge 2%s series F
1st mtge 2y»s series G
Southern Ry 1st cons gold 5s

J-D

1986

J-J

1996

J-J

1961

J-J

94%

101%

West Penn Power 3%s

36

97

103%

West

—

70

77%

J-J

1985

A-O

1983

M-N

——

M-N

1971

7

77

52 y4

5.2%

49%

1952

A-O

99

98%

99%

97%

101%

Jan 2014

May

♦100% 101%

99%

101

4s

Telegraph

M-N

99 S£

99 ai

95 ya

102

1951

M-S

93

93%

86

101%

1960

J-J

77

77%

64%

86%

1951

J-J

100% 100%

100%

101%

debentures

lP^l

M-S

101% 101%

98%

101%

2.65s conv debentures

1973

2%s

1950

95%
116%

17

95%

107

Wheeling & Lake Erie RR 2%s A.1992
Wheeling Steel 3y4s series C
1970
1st mtge 3%s Eeries D
1967

104

22

99%

110

Wilson

108

104

108

Winston-Salem S B

102

5

101%

104

^Wisconsin

49

J-J
J-J

1972

-mm*

98

34

93%

101%

a

98

15

103

102%

Co

1st

mortgage 3s
1st

Central

104%

Certificates of

Wisconsin

Electric

MS

98

J-J

98%

98

1

100% 100%
♦103%

—

—

97

97%

—

101%

75%

:

,

71%

76%

74%

M-N

36

49%

35%

1936

71 y8

46%

deposit

Power

99%

""" J-D

1976

1979
1971

J-J

1976

J-J

Service

100

95%

99%

M-S

3y4s

mortgage 2%s
Public

78

J-J

2%s

1st

Wisconsin

98

1

98

,

~

102% 104
112% 115%

103%

♦115%

J-J

99%
100

96 y2

98%

*103

J-J

1949

98%

-

96%

98%

98

A-O

1960

Yonkers Elec Lt & Power 2%s

M-N

98

103

100

J-D

1958

4s

v

102% 103

102%

J-J

'

Ry—

deposit
§A8u it Du div & term 1st 4s.

52

2

97%

J-J

1973

107%

104

&

S a 1st general 4s
a Certificates of

102%

102% 103

97%
102%

Swift

44%

98

41

62

Co—

79%

103%

63%

55

51%

92%

mmmm

109%

53%

51%

109%

96

107%

106%

54%

7

86

105 y4

106% 106%

MS

26

94%

106

♦104% 105
106%

MS

real estate 4y2s
25-year gold 5s
30-year 5s
Westinghouse El & Mfg 2%s

84%

104

104

F-A

1974

1966

debentures

83 %

Union

99%
106%

2361

'/ Funding &

90

*43

Sunray Oil Corp 2%s debs.
debs

Western

99%
103%

,

2361

guaranteed

'

95%

84

*107

Apr

Standard Oil of Calif 2%s debs
Standard Oil (N J) deb 2%s

2%s

4s

Western Maryland 1st mtge
Western Pacific 4%s inc A

101

13

84%

—•

ASpokane Internat 1st gold 4%s__2013

debentures

1st

101% 102

85%

J-J

1951

1966

J-J

92%

74%
75

100

88%

112% 112%

1996

debentures

—

Shore

55

45

49

105

.106 :

J-D

1966

I

106%

104%

101

M-N

series

92

85

85
106

*44

102

*163%

J-D

1967

102

103

Memphis Div 1st gold 5s

45

1950
1979

100% 101

100 %

A-O.

St Louis Div 1st
gold 4s
Southwestern Bell Tel 2%s debs

36

gtd

85

76%
99%

98%

101

106

A-O

3'/2s

Registered

101%

101

M-N

3s gtd

mtge

*__

A-O

1956

6Vis series A

89

84%

89

mtge

Gen

5s stpd

103

1956

Devel

27/es

105%

57

94%

72%

F-A

Ltg

83

64 '/a

98%

F-A

100%

19

68

98%

1970

Westchester

69%

69%
68

2000

99%

123%

98%

*__

D*""el & gen 6s series A

Co

102%

95

83%

——

106%

103 %

__

Apr
Apr
M-N

123

87

——

A-O

&

—

100

41

83%

J-J

2%s

12

99%
__

__

98
102 %<

96

Apr

Warren RR 1st ref gtd gold 3V28
Washington Terminal 2%s ser A

54%

71

104

79

102 %

*105%

(Hiram) G & W 2%s debs_1966
Walworth Co conv debentures 3y4s_1976
Ward Baking Co—
5%s
debs
(subordinated)
1970

99 %

103 %

A-O

Walker

100%

25

87%

88%

1994

3%s

100%
96

*100%

1956

4s series

gen

98

4

97%

—

A

&

94%

15

103

97%

gen

2

49

*__

—

1973

82

80

102

Gen mtge 4s inc series A
Jan 198S
Gen mtge inc 4y4s series B—.Jan 1991
1st mtge 3y4s series B
—1971

69%

Co—

(Oregon Lines)

&

58%

♦100% 101%

——

M-S

Devel

64

105% 105%

A-O

M-N

Wabash RR Co-

Gen

1977

Southern

102%

99

99

105%

4% 8

Gold

100

7

97%

*123%

4V2S

Gold

128

112%

103%

103%

102%

127

104 v.

107%

—

'*—

J-J

1995

1st lien & ref M 3y4s ser C

Co—

debentures

Southern

'

&

100%

102% 102%

J-D

1963

gtd 5s

♦103y4

1958

5s

cons

Virginian Ry 3s series B

101%

102%

112% 112%

107%

98%

J-J

1975

2%s

1st

G

ser

gtd 5s

98%

*105 % 106

A-O

106

106

—

101% 101%

101%

MS
M-S

„

107%

103%

__

64

2%s

M

*101

92

85%
101

106%

49

South

RR

4

ref

*100%

M-N

1975
-1978
1963
1979
—2003

debentures

conv

& Southwest 1st

Va

112

105

— —

*100% 100%

98%

Socony-Vacuum Oil 2%s
Ala

„„

—

97%

A-O

debs___

7

„

62%

J-D

1971

debentures

Nor

61%

__

♦126

64

t§ASilesian-Amer Corp coll tr 7s__1941
Skelly Oil 2%s debs
1965

2%s

46%

94%

♦102%
—

J-D

Oil

284

101% 1017/a

1966

Union

88%

102% 103

A-O

3s

3 Vbs

1st &

83

54%

*107%

——

M-N

Southern

86

100/

189

112

♦90%

J-J

1971

&

97

88

52

111

J-D

1989

3s

Virginia Electric & Power Co—
1st & ref mtge 2%s series E
1st & ref mtge 3s series F

76

71%

__

100

86%

J-J

1990

1st cons gold 4s_1968

Dept 3%s B

Shell

102

67

Ry—

Scioto V & N E 1st gtd 4s
Seaboard Air Line RR Co—

Seagram

~2

68

*73%
—

97%

102%

68

J-J

certificates

St Paul & Duluth
Paul

A-O

*102
«...

Francisco Ry Co—

Louis-Southwestern
1st

J-J

1955

4s series A

mtge

A 2nd

M-S

1996

Rocky Mt & P 5s stamped

St Louis-San

St

1971

gold 5s
II

gold 6s

St L

St

1st

F-A

Vandalia RR cons g 4s series A.—1955
1957
Cons s f 4s series B

101%

101%

104%

*106% 107%

107

101

102%

T

*96%

—

Terminal RR Assn of St Louis—
Ref

&

Ref

&

Texas

imp M 4s series C
imp 2%s series D
Corp 3s deb

Texas

&

2019

J-J

♦120%

1985

A-O

1965

M-N

3%s series B

1970

A-O

3%s series C
Texas & Pacific 1st gold 5s
Gen & ref M 3%s series E

1990

A-O

2000

J-D

1985

J-J

New
M

M

96

91%

96%

103%

Included

104%

106%

not

21

96%

6

94%

99

91%

12

88%

97%

*124% 137
102

102

Deferred

119%

99%

106%

Orleans RR—

1st & ref
1st &

ref

106

a

115%

„

*102% 103%
106

118%
9

102%

97%

in

delivery sale

the

included

year's range

in

the

year's

not
n

>

Included in the year's range,
d Ex-interest, e Odd-lot sale
Under-the-rule sale not Included in the year's range. rOash
y Ex-coupon.

range,

not
sale

-

127

§ Negotiability impaired by maturity.
■
^Companies reported as being in bankruptcy, receivership, or reorganised under Section
Act, or securities assumed by such companies.
♦Friday's bid and asked prices; no sales being transacted during current week.

102%

ABonds

17 of

the Bankruptcy

selling

flat.

NEW YORK CURB EXCHANGE
WEEKLY

AND

YEARLY

RECORD

In the

following extensive list we furnish a comolete record of the transactions on New York Curb Exchange for the week beginning on Saturday, Sept. 10
ending the current Friday, Sept. 16. It is compiled from the reports of the Curb Exchange itself, and is intended to include every security, whether stock
bond, in which any dealings have occurred during the current year.
'

and
or

RANGE

Week's

Friday

//v/'-

STOCKS—

Last

New York Curb Exchange

Sale Frlce

Par
ACF-Brill

Motors

Acme

Aluminum

Acme

Wire

Adam

Hat

Aero

Co

warrants

Inc

Supply Mfg
Surpass Shoe

Ainsworth

Mfg

(N

J)—-

Appliance.

Air-Way

Electric

Alabama

Great

Southern

Alabama

Power

4.20%

I

1

300
200

20 %

100

5%

300

1%
20

1%

Jan

Aluminum Ltd

Jan

American Bantam

Jun

32%

7%

1
•

~9%

1

6

f

5%

~9%
6

-:

5%

6

5%

500

8%

Jun

500

~9%

Jan

4%
5%

Jun

1,100

Feb

Jan

American

American

1%

Aug
Jan

American

7%

Jan

Class

6

10% Mar

6%
7

Apr
Mar

4%%

Airlines

Alaska
Alles

Fisher

&

pfd

Inc

Investing

Products

(Mich)

Corp

common

Altes Brewing Co
Bros
Co

For

Industries

footnotes

~5%

common

common

see

5%

/

78% Aug

983/4

50

91

5%

2,900

1
8

page




35.

•

'

Feb

6

Apr

15

400

13%

Jun

6

400

5%

Feb

7,100

45%

6

50%

48%
99

50%
99%

550

•

Mar

Jun

93% Jan
20% July

5%

5%

~5%

300

4%

Jun

17%

9%

&

,

Electric

&

com

preferred

s

American General Corp common

convertible

$2.50

preferred

convertible

preferred

Rubber

American

Hard

American

Laundry

63%

•

'

1
10

100
lOo
1
1

>

—-

2%
35%

28

Co

11

26%

Jan

Class

6%

Jan

American

Republics

.

66

class

A

Jan

Jan

50

9%

18%

10%
28%

11,900

13

—

24

24

24%

10

27%

36%
'

Sep

37 Va

Sep

Jun

13%

Jan

Sep

25 %

Apr

July

15% Mar

5%

Jan

3

Jun

7%

Jun

10% Aug

34

Feb

41

17%

Jan

Jan

26% Aug

30

Jun

32%

22%

Jun

28 % Mar

1.400

,22% Jun

28% Mar

9,400

20%

27%

—

—

•

2% July

Jun

Feb

32 %

300

„

114% May

27%

18,300

Sep

46% July

Jan

300

4%

*

2

7%

Jan

525.

4%

•

B

3,300

650

—

Chem

,

.

18%

25
&

111

18%

—

com.™

preferred
Potash

100

...

18%

—

6 %

■>" 11

V

—1

Co

American Natural Gas Co

Mar

20
28

Mach

27%

American

7%

113%113%
2%
2%
34% 36%
37% 37%

•

Jan

6

51% Jan
1% Jan
1% Jan

July

1,800

High

■

v

Jun

58

■

37%
/•;

2

Mar

1

90

V

—

>

American

100% Aug

100

1%
64

7%*

7%

Jan

Meter

35% Jun
v
% Jun

Light—

B

Gas

1%,

100

Range Since January 1
Low

800

%

i«

37/$
10
26%

6% May

54

Power

U
1%

Shares

.

44% ;V 1.100

43 %

44

1

common

Co

Cities

•
1

Sales
for Week

High

Loio

American Metal Products common

3%

5%

Book

of Prices

American Mfg Co common
American Maracaibo Co

5% July

Feb

14%
6

Car Co class A

Week's
Range

Apr

Jan

2%

V

~

100
*

3%

Jan

Jun
98% Sep

92%

3%
:•

•

America

cumulative preferred
Aluminum Goods Mfg
$3.75

Aluminum

98

1

common

of

100

70

1

common

Internat

Allied

Aluminum

82

1

Allied

Aitofer

82

common

Beverage

American

$2

50

Sale Price

,

Par

3%

3% May
1% Mar

:

High

Jun

/v % May

Friday
/Last:

STOCKS—

Low

2%

5%

i

16

New York Curb Exchange

Bangs Since January 1

High

20

r

0

common

Inc

Associates

20%

1

Stores

Agnew
Air

10

common

Stores

Shares

2%

1

SEPTEMBER

far Week

1

Alloys

WEEK ENDED

Sales

Range
of Prices

Low

FOR

24%

24%
24%

26%

27"%

300

Jun

Sep

Sep

31

32

THE

(1108)

COMMERCIAL

NEW

YORK
RANGE FOR

Friday

Week's

STOCKS—

Last

New York Curb Exchange

Sale Price

Range

American

2
10O
•
•
B

Seal-Kap common
Superpower Corp common
series
preferred

Amer

$6

Thread

American

preferred

American Writing Paper common
Anchor Poet Products

Anglo-Iranian

CI
1
1
10<

Acgostura-Wupperman
Apex-Elec Manufacturing Co
Appalachian Elec Pwr 4%% pfd

preferred

Chicago ft Southern Air

8%

x8%

500

6

Jan

10 Va Mar

Apr

8%

8%

400

6

Jan

9% Mar

4%

300

4%

Jun

5%

Voting trust ctf*.
Chief Consolidated Mining

7%

Feb

8

Jan
Mar

15%

15%

2%

5%

6%

108%

/

108% 108%

Jun

2%

Feb

3% May

700

3

6%

12%

400

3

ioo

5

Jun

8%

90

103%

2,500

1%

Apr
Jun

17%

Feb
Jan

109"% July

Mfg

4,300
45,800

38%

Feb

55%

14%

500

12%

Jan

14% Aug

13%

13%

200

10%

Jan

14

Jun

16

15%

16

Jun

17

Mar

'3%

Jan

2%

9%

5,900

5%

Jan

10%

Aug

10

9%

10%

3*000

5%

Jan

10%

Aug

Club

10%

8,000

10%

Jan

11

10

113%

Jan

115

6

Jun

10%
115

2%

115

7%

7%

500

19 Va

18%

19%

6,800

14%

22 V2

22%

22%

1,700

9%

9%

700

10

Jan

3%

30

30

33

475

1

2%

2%

2%

1,300

M

39%

38%

39%

175

Colon

5%

5%

Airlines

10

Sep

Colorado Fuel ft Iron warrant*

.1

Colonial Sand ft 8tone

-21

38%

Feb

Commodore

-1

4%

Community Public Service.
Compo Shoe Machinery—

15%

14

15 Va

x4%

.1

2,300

11

Jun

4%

33

Sep

3% Jan
51 %
;■

6
21%

Jan
Jan

300

4%

700

6% July

8%

Jan

8

Mar

11 %

Apr

100

20

July

25

Feb

1,800

10

Jun

15%

Jan

Jan

Hotel

Inc.

22

Mar

34%

Apr

100

4

Aug

5%

Jan

Jun

5%

2,300

3%

Jan

5%

5%

800

4

Jun

77/e

4%

700

3%

Jun

4%

Apr

H Aug

4%

Jan

5% May

4%

8,400

39%

2,350

4%

400

4%
30

30

33%

Jun

40%

Feb

4

50

27% July

Jan

•

~8%

V

8

|

preferred

Ayrshire Collieries Corp

9%

81

common

I

com

8%

21%

21%

13%

13 Va

10

13%

Apr

Sep

CO &

8%

8%

500

6% Jun

8%

68%

67%

70%

2,100

58% Jan

70 Va

113%

70

109

Jan

114% May

108

108

10

100

Jan

108

12%

11%

12%

Aug

Jan

12%

Liquidating Corp
1
Mining ft Smelt Ltd.
—10
Consolidated Royalty OU

8%

'6Vo

3,100

z8

85%

84%

86

1,350

70%

May
Jun

103%

3

2%

3

1,000

2%

Jun

1

1%

1%

1%

400

1

13%

13%

14%

1,100

53%

Barium

52%
33

Baumann

~

Corp

(L)

A

Benrus Watch Co Inc

11%

1

-li

Co

Feb

9

6

Jun

1 %

Aug

pfd

1%

1%

Feb

250

13%

5%
10%

Jun

200

4% May

1,200

11

8% Mar

1%

400

1%

Jan

37%

1,200

33%

Feb

7%

700

6%

Jun

53

100

13%

14

200

36%

Jan

Sep

8%

8%

400

5%

Jun

42%

39%

42%

1,975

23%

76

78

17%

17%

50

13%

18

18%

2,100

15%

4%

600

—

250

62

Apr
Mar

Jun

4% July

4%

4%

16

16

34%

34%

-

100
10

Jan

3% May
21% Apr
13%

Feb

33

Jun

19% Mar

--

Tobacco—

Mar

5%

Jan

Crown

Drug Co common

37%

Sep
Jan

9

53

Sep

13 %

Sep
3% Aug
8% Aug

42%

*

A

•

1

24%

3%

— —

12%

25

450

3%

12%
12% '
& 5-:v
5%

—10

5%

1

—

12%

11%

12 %

16

16

17

—2.10

B

Sullivan-"-""" '"alii

—12%*

16"

Aug

34% Sep
21% May
Jan

Feb

2

Jan

25

Sep

3 Va

Sep

13%

Aug

4%

Feb

7%

Jun

5% Aug
Sep

12%

20%

Jan

5

U%

1,200

10% July

16%

15%

16%

3,400

12%

Jun

22 Va

Jan

200

6%

Jun

12'A

Feb

8

A

%

2,100

2%

A
2%

2%

1,100

A Jun
1%

Jan

3%

800

2%

2%

100

•

5%

5

5/ff

16,200

i

7%

7%

7%

2,300

i

"...

%

Jan

2% May

■

7%

100

11-21

"T"

1%

24% July

Sep

10 Va

Jan

9%

Jan

7,600

1

Jun

400

12

May

1,100

7%

Jun

2%
111

3

2%

51%
111

3%

175

Jun

40%

Jan

23

3%

—

24

3%

/Jan

8% Aug
3% Apr

51%

Sep

109

Mar

111% Mar

2

Feb

4% Mar

2

3%

21

25

Feb
Mar

x4% Mar
3%

—

148% July
1% Jan

3,400

12%

u
x

Jun

1%

l
•

7%

8%

2s 6d

I

22%

13%

£1

Catalin Corp of America—

Feb

1%

49

•
l

Carter (J W) Co common
Casco Products common
Castle (AM) A Co

Sep
Mar

Aug

8%

Ltd—

dep rets A ord
Amer dep rets B ord

7%
22

Jan

r2% July

13%

ny

JJfio
J—I*

pfd_I"~

Co

Jun

148% July

]J

Amer

6% May

7% July

i<ja

100
500

3%

Feb

22% Aug

1,100

3%

Jun

10

74%

May

13% Mar
2

preferred

100

t

100

lo
|

Conv preference

footnotes

9%

600

13%

12

_x

see

page

86%
'

13

5%




Amer

1

5% July
5% July

5%

6

200

5

3

3%

55

3

35 Va

10

50

50

5,900
10,
400

8
'•

-.

13%

33

150

30

Jan

14%
102

Apr
Mar

65

19%
106

4%

Jan

6

Jun

Jun

Aug

May

8% Aug

5% Mar
10%

Sep
May

14%

Jail

50

27% July

34

Sep

7%

1,000

5%

Jun

7%

1%

1%

100

1%
22%

Jun

3

Jun

32

Feb

6%

Feb

8

Jan

10

10%

1,400
40

140

13

13%

*1%

1%

3,000

1%

'

9%

1,000

9% May
132
Jan

Sep
Jan

11% Jan
140

Aug

20

10

Jun

15%

Jun

9%

Jan

1%

Jun

2%

Jan

Apr

700

20%

9%

•

18

Jun

23% Jan

300

9

Jun

12

Jan

14%

Feb

10% Jun

Jll
-1

Domestic Credit Corp elasa ft.
Dominion Bridge Co Ltd

l

~9% ~9%

—

3%

„

100

3%

6,200

14%

1,700

3%

2B

Dominion Tar ft Chens Co Ltd

*

Dominion Textile Co Ltd common.

•

Corp

Draper

•

.

Driver Harris Co.
Duke

Power

14

14%

_

Dunlop Rubber Co Ltd—
Amer dep rets ord ree—
Duraloy (The) Co

•

33

Jun

14"%

Jan

22%

Apr

9% Mar

May

10 % May

100

65%

500

57

Jun

32%

Jan

82%

75

74

Feb

82%

Sep

~2% ~2%

1,300

64

65

82%

Jun

6%

Jll

~2%

300

14

7%

Jan

3

13%

—

65%

Apr

1%

9% July

1

Sulphur

Jan

10%

10%

•

Texas

3% Aug

2% Jan

23

10%

•

1

10% Jan

11%

20% Mar

II

Oo_

6% Jan

26%

•

Dominion Steel ft Coal das* B

Feb

2% Mar
13

Aug

5%

Jun

10% Mar

Sep

Feb

15% Aug

E

Mar

Eastern Gas ft Fuel Assh com.

4%*
8*

prior preferred
preferred

2%

Feb

May
Jan

Jan

36

4%

Jun

101

—

Eastern States

$7

series

x69%

3%

4% Jan

Jun

62

Jun

61%

Jun

Feb

77

725

75

Aug

Apr
37% Mar

•

~2%

~1%

_2%

•

ft

66%

66%

66%

175

50

Jun

69

61%

59

61%

700

39

Jun

62% Aug

13%

14%

700

11% Mar

69

71%

425

60

8%

700

16%

107,900

11

11%

400

97%|

•
1

14%

$S pfd shares of beneficial Int
Easy Washing Machine class B

1

71%

8

Electric Bond ft

Share common

I

Electrographlc Corp common
Empire District Electric 8% pfd
Empire BflHwnrk Onrp

10B

Emsco Derrick

2%

175

70

26

$8 preferred series B
Eastern Sugar Associates—
Com shares of beneficial fiat

Equity Corp

1,300

71

69

21

Corp

preferred

3%

70%

100

ft Equipment

common

$3 convertible preferred.
Enqiitrs Tne
Eureka
Corp Ltd
Eureka Pipe Line oommo*

*

14%

16%

1

4,800

1%

2%

Jun

Mar

5% May
10%

Feb

9%

Jan

97%

20

92 % July

1

5%

5%

5%

800

12%

12%

13%

300

-10c

1%

1%

1%

3,100

39%

40%

650

31

Jun

4%

4%

300

4

Mar

14%

-

-

1

40.

1

1

.

:F%

—IB

%
15

%

-

3,600

15

25

11

Feb

1%

Sep
Jan

16%

Sep

13% May
101% Apr
7%

Apr

13%

Apr

1% Mar

Feb

% May
14
Feb

Sep

71%
10

4% Aug

—B

Jan

Aug

40%
5

Sep
Jun

A

,

18

Jan

Feb

Jan
Jan

83

Sep

14

14

9%
3

36%

Aug

Aug
Jan
Jan

Apr

4

Jan

July

7%

Jan

7% Mar

10Va

Jan

6

3%

Eastern Malleable Iron——

Fansteel

ft Instrument—

Engine ft Airplane

Metallurgical

14% Aug
89% Sep

40

10

/

7

Dobeckmun Co common

Feb

450

100

Jan

4% May

6%

7%

lOo
81
BOo
•

dep rets ord reg.

5%

1,240

2,300

Apr

Jan

33

1.II

20%

Fire

14

7

Apr

8%
13 %

1%

12%

Reynolds class B.

First York Corp common

14

3

6%

Feb

11% Aug

Distillers Co Ltd—

Jan

89%

7

•

200

*'mm

rrnmm

Detroit Steel Products.

Apr

13%

2%

Jun

5%

*.

3%

18%

140

15

12

io

5

3,000

Jun

"

13%

88%

85

1,000

Jan

'"'-v

104% 104%

debenture..

8%

Jan

1,825

a.so

35.

9 % Mar

14%

10
common

Chamberlln Co ox America
Charts Corp common...
For

9%

Aug

1%

59

7%

Derby Oil Co common.
Detroit Gasket ft Manufactorlng..
Detroit Gray Iron Foundry.

85%

ioo
1929

Century Electric Co common
Century Investors Inc
Cessna Aircraft Co

9%

100

preferred—100

ser
ser

x

83

1%

7%

Jun

D

Falrehild Camera
83

Jan

Jun

Sep

4,600

17%

17%
——

1

—

Davenport Hosiery Mm*

Falrchlld

io$

Central Ohio Steel Products
Central Power A Light
pfd

B

la.Be
'mi

41%

A

5% Aug
4% Jan

Central Maine Power Co—

preferred

3% Feb

2%

28%

600

55

Jun

5%

20%

7%

Jan

42

3%

3%

8% Mar

Jun

x24

•

Carr-Consolidated B»«cuife

2%

Jun

•

Canadian Industries Ltd—
7% preferred

Carnation Co common
Carolina Power & Light $5

1% July
3%

r2% July

m

Apr

Jan

•

_

Class A voting
Class B non-voting

Carman A Co

4%

19%

Bread Co Ltd
IIII—IIII*
Canada Cement Co Ltd
common.—*
6% % preference
I—III!

Marconi

Jun

3%

Canada

Capital City Products nommuu
Carey Baxter A Kennedy Inc

2%

6%

3%

2%

_•

l£fg Co (MO)

%

"

-100
common

Durham Hosiery das* B common.
Duro Test Corp common

3'/a

81

.

I

California Electric Power
Camden Plre Insurance

7%

Curtis

::

IHo

Duval
BOa

Calgary & Edmonton Corp Ltd

Canadian Canners Ltd common
Convertible
preferred..
Canadian Industrial Alcohol—"

7%

Dejay Stores common
Dennlson Mfg class ft common

11

8

Sep

16 % Mar

Feb

1,800

7,600

6

Sugar eommon

Aug

Jun

Jan

AUg
Aug

3,200

35

6%

1

•

preferred

23

C
Cable Electric Products
common
Cables A WirelessAmerican d#p rets 0%
pfd

Conv pfd opt div
Conv pfd opt dlv

6%

33%

5%

Dayton Rubber Co class ft

May
11 % Sep

—i

dep rets
Burry Biscuit Corp

{Central States Elec 6%

Cuban Atlantic

35

B

5%

—

Sep

11%

Line

Burd Piston
Ring Co
Burma Corp Amer

3.50%

preferred.

$0

Jan

Jun

4%

5%

2% July

laic

6

18%

1%

e

225

...

Davidson-Brothers Ine common

8%

14% July

Jun

37

•

Day Mines Inc

300

2,600

31

37

37

3

partlc.

Jan

7

2,100

8,700
400

14%
4%

Jan

2,600

u

Crystal Oil Refining oommon

Devoe ft

1% July
21% Mar,

300

6%

3*2

12

Sep

Jan

11%

300

15%

6 Vu

Sep

78

21%

11%

1%

15%

6%

B

Apr

Apr

1%

15%

2%

...

2

July

1%

A Jfcn

Jan

%

(Md)

Cork Internat'l "ft"

8

-10a

Jun

4%

2%

Co

ft

Petrol

Crown

—il

Junior pfd
Brown Rubber Co
common.—
Bruce (E L) Co
cfimmon
Bruck Mills Ltd

Carreras

Cent

Crown

Sep

10

Porman"5lstiIlers

Calamba Sugar Estate

Crowley Mllner

11

~fl

reg

7%

1,400

•

Curtis Lighting Inc eommon

Mar

1,100

5%

....1

Jan

8%

II

^ Power claM

i'

—

Brewing Co

7%

6% May
9

11%

5%

00

.

Crosley Motors Inc.

Cuban Tobacco

Feb

•

ord bearer.

14

Croft

Sep

2%

—•

7% Aug

Jan

525

100

J'an

5%

dep receipt* (ord reg)_£l

52

5,100

__

Jan

14%

3%

28 %

Jun
1/128 July

Jan

6
16%

Jun

6%

Sep

Jun

A

.

Jan

13%

13,300

14 Va

1

convertible preferred—

American

Jan
Jan

Jun

•

Cosden Petroleum common

Courtaulds Ltd—

n

Jan

3%
1%

20

100

%

Sep
May

10%

1

Reynolds common
preferred class ft

$1

26

18

% May

—

11

■

9%

5,400

8%,.

A

—

•

Inc

Coro

13

3%

—I

oiTco——

class

26% ''Jan

6%

mmm,''.i

18%

cum

Canadian

%

—Be

35%

11

•

iBP

Bunker Hill a

800

7

100

TCtB
British Celanese °rd re$
Ltd—

Buckeye Pipe

7

37

37

_

B*

Jun

12%

-II

—

rets ord

3

•

common-

Brlllo Mfg Co
common
Class A

British-American

11,600

•

Corp common

British American
Amer dep rets

4%

13%

1

I

Bridgeport Gas Light "colli"I

4f$

Aug

7

3%

common

cum

Brown

32

52

8teel Fdry & Mach
Co com.*

prior

Class

800

•

1

Blue Ridge
Corp common
Blumenthal (S) A Co common

Borne, Scrymser Co
Bourjois Inc

10%

—1

common

(H 0)

55% Mar

900

9

5%

5

1

IT
III

common

6%

1

~

Convertible preferred

5% %

Jun

13% Feb

1

Co common

Bohack

3%

1

common

Bickford's Inc

26

-

Creole Petroleum

(A S) Shoe Corp
~~
Bellanca Aircraft
common—"II
Bell Tel of Canada

n^®r dep

33%

8%

'

3%

Beau-Brummel Ties common""

s

9

1

_

Beck

Benson A Hedges

41

5 %

"
"

«

Basic Refractories Inc

tsreeze

2,200

shares

Barlow A Seellg
Mfg—"
$1.20 convertible A common

Biauner

54

4% July
1% Aug

—1

Tr Lt & Pwr
Ltd-

Steel

•

Paint ft Varnish Co.

Corroon ft

preferred
Baldwin Rubber Co common
Banco de los AndesAmerican

•

Cornucopia Gold Mine*

Locomotive—

7 ft

Barcelona

1

Utilities

Consolidated

Rights w 1

Babcock A Wilcox Co

Baldwin

Sep

113

Consol

Cook

B

Feb

5% Mar

100

preferred series O
Gas

Apr

..101

series B preferred

Consolidated

Apr

32%

.1

.

Consol G E L P Bait common

4%%

1

12

•

1958

Vtc ext to

37%

.21

Jan

300

;

Feb

600

30 ;v;

%

Jan

Jun

Jun

4

1

%

4

5%

4

4%

7%

7,600

,200

Jan

Jun

4%

A Mar

5%

18,000

IVa

5%

5%

—

-1

23%

Jun
Jun

Feb

1% Aug

Sep

10

Development ordinary.

Colonial

6%

1% May
July

*

Oockshutt Plow Co common

Apr

Jan
Feb

21%

16%

400

Jan

4

Aluminum Product* Co

Sep

19%

35

5%

/'

1%

Jun

Sep

8%

Jun

100

1%:

29

6% July

A

A

2%

1%

1%

14%

150

2

5%

Co.

Claude Neon Inc

~9%

2%

%

Va

55%

13%

Controller Co

Clarostat

1

52'A

14%

City Auto Stamping
City ft Suburban Hoi
Clark

1

1%
54 Va

Cities Service common

Continental Fdy ft Machine Co

8%

Feb

Jan

Continental Car-Na-Var Corp

Avery (B P) A Sons

Jan

Aug

4%

10

J

17%

6%

Colt's Manufacturing Co

Plywood Corp

Jun

4% May
5% Feb

•

Automatic Steel Products Inc
Automatic Voting Machine

11%

125

700

Clayton ft Lambert Mfg
Clinch!leld Coal Corp common

•

16

15%

15%

13%
65

800

81

Atlantic Coast Fisheries
Atlantic Coast Line Co
Atlas Corp warrants
Atlas

Chicago Rivet ft Mach

Industries—

American dep rets reg
Laundries of America
Associated Tel A Tel class A

High

Jun

Jun

6

1

Associated

Low

925

4%

1
•

$1.20 conv preferred
Aepinook (The) Corp

10%

10%

10

57%

10%

common

Chesebrough

4%

li

Ashland Oil A Refining Co

Range Since January 1

:

.

Mfg

Jan

Sep

101

Jan

Cberry-Burrell

;

6

•
2.M

Equipment Corp

Electric

581

%

•

common

Arkansas Power A Light $7 pfd

Associated

3% Mar

Shares

High

4%

1

Common class A non-voting

6%

2,900

Jan

Sales
for Week

of Prices
Low

•

Inc

Arkansas Natural Gas

Aro

tt
101

Week's
Range

Last

Sale Price

High

% Mar

18,700

1

Amer dep rets ord reg

Argue

Low

Ltd—

Co

ou

98

99 %

1

Anger man Co Inc common

Friday
STOCKS—
New York Curb Exchange

Range Since January 1

High

A

SEPTEMBER 1C

Sales
Shares

2%
%

ENDED

Monday, September 19, 1949

EXCHANGE

CURB

WEEK

CHRONICLE

FINANCIAL

far Week

of Prices

Low

Par

&

Association

(Phlla).

$2 dlv cum preferred
Flshman
Bo

to

(MH)
II

I

1
•
.10

17%
*4

19

2,000

12%

Feb

4%

4.700

3%

Feb

21% Aug
5% Mar

10%

10

10%

2,800

8%

Feb

13%

Apr

71

70

71%

50

57%

Jun

71%

Sep

4,200

2%

Jun

3% July
33
Jan

18%
4

10c

2%

1

30

■;•/>
31%
3

:

75;

Jun

25

Co-

Stores.

17%

17%

100

13% July

17%

Sep

A

Jun

5%

Feb

17%

Feb

21%

Sep

23

Feb

Ford Motor Co Ltd—
Amer

Ford

dep rets ord reg—

Jll

4%

4%

#

5

2,700
3,200

Motor of Canada—

Class A non-voting
Class B voting.
Ford Motor of
Amer

20%

21%

21

21

50

20

Mar

Franoe—

dep rets

22,800

A July

%

Jan

Volume 170

THE

Number 4839

..

COMMERCIAL

NEW

YORK
RANGE

Friday
STOCKS—

Last

Sale Price

ro*

Pitt

Oo

Brewing

Low

1.2#

Brewing

vJfoierj

4% %

__

10 Vz

•

1,050

6%

Jun

11%

8

Jan

500

32

30

-

I

Oo

11% Aug

Xl0%

550

11

1,000

9%

23 % Mar

7'A

Sep
Sep
Sep
Sep

32
11

Jun

Par

Kings County Lighting common.
4%
cumulative preferred
King Seeley Corp
Kingston Products
Klrby Petroleum.

•

,

100

89

89

5%
1%

500

'

1,200

%

3

3

Apr

Kobacker

92%

Feb

Krueger

8

Jun

1%.

3%

JE1

Feb

General

Outdoor Adv

6%

——

•

8% Jan
6% Aug

102

General Phoenix Oorp
1
General Plywood Oorp common
50o
General Public Service $6 preferred—*

Georgia Power $6 preferred
SB

Gilbert

(AC)

Gilchrist

29 y4

Jun

100

104%
21/4

100

4

5%

5%
—

•

10 %

300

•

18 Vb

17%

10%

10%

16%

17%

l

1%

Gobel

(Adolf) Inc common
Godchaux Sugars class A

Jan

2%

4,500

2

Jun

12%

5,100

9%

Feb

12%

Jan

-.1

1%

lft

1%

800

1

Jun

1%

Jan

9

Y* Feb

11%

11%

100

10% Mar

21

21%

125

18%

•
•

32

•

B

•4.80 prior preferred
Goldfleld Consolidated Mines

—

Feb

Graham-Paige Motors B ft
Grand Rapids Varnish

conv

pfd__20

43

21

Mar

32

Sep

Jan

80

Feb

74%
%

3%

—

500

6 J/4

49% Mar
Jun

6

Northern

Griesedieck

133% 135%

70

133%

Sep

142

Feb

28

Stores Product* common
UtUltlea 04.40 pfd.

outcry

Gulf

40%

108

100

Gypsum Lime ft Alabastlne

32

Jun

27%
7%

25o

States

Class B.

260

106% 108

Aug
Jun
Feb

102
13 y«

—•

Feb

6%

11%

Hammermill

Paper

IIIIB

common

Hartford Electric Light
Hartford Rayon common.

40%

Sep

28%

Sep

«%
108

13%

Hecla

Feb

Sep
Apr

fl% %
4%

_

common

Mangel Stores

preferred

w

Jun

14

875

8% July

11%

250

10% Mar

1,000

Jan

ioy*

Hubbell

(Harvey) Inc common..
& Refining
Hurd Lock ft Mfg Oo
Hussman Refrigerator $2.20 pf<1
stock

warrants

1

77

3V2
46%

3%

-

3%

17%

17%

•

.

—0

•

common

Imperial Chemical Industries—
Amer dep rets registered
Imperial Oil (Canada) coupon.
Registered
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
ft Ireland

6%

6%

•

145

Feb

32% May
111% Aug

,

*

Insurance Co of North America

1,300.125"

400

950

Jan"

43

47%
6

Jan

3%

Jan

Jun

22%

International Cigar Machinery
International Hydro-Electric— V
Preferred $3.50 series
International Metal Industries A

3

Aug

Jun

18

Jan

16

1,500

11%

200

11%

10%
4%

Registered

shares

Jan

12%

10

300

8 V2

Jan

11

98%

200

88%

Jan

98%

109% 110%

600

98%

Jun

10%

Jan

110

*
80
*

62

60

62

-f

20

20

7

7%
*

47

100

20

Jun

1

common

Aug

Jun

11%

8% Mar

13% Aug

4%

4%

300

3% Mar

Minnesota

& Ught

Power

5%

Jan

Mountain

Tel

States

Kawneer

Kennedy's
Kldde

Muter

Company

1

Jan

1%

Apr

17

Jan

8%

Apr

1%

Jan

Inc

Namm's

4

300

3% Aug

4

200

3% May
18 V* July

11

8%
11

150

3%
119

12%
9 V*

Sep

5%

Jan

4% Jan
20% Jan

9%

For footnotes

see

page




35.

Feb

107/a

Jan

13% Apr

200

13

Feb

14%

25
34

200

Apr
Jun

38

]/2

200

31

Apr

2$% Sep
Jan

2%

Feb

8%

2% Feb

--

Jan

5

"5%

900

4%

16

3%

16%

1,000

13%

Jun

1,600

2V2

Feb

4

5%

Jun

7

Sep

{I Feb

2

Mar

.3%

4

7

6%

7

350

1 Vb

1%

1%

700

17%

15%

17%

"7%

17%

Jun

34

25

25 Va

~7%

19% Jan

11% Jun

12,400

X39% x391/2

—

Jun

July

33

Jan

Sep
Sep

9%

Jan

,15%

Jan

14%

Xl4%

1,200

13% Jun

1%

1%

1%

700

1% Mar

5

5

5

300

15

Sep

Aug

7

100

40

2% Apr

~4

~4

~4i/a

800

41/2

4%

—

100

Vk

1

Mar

Jun

700

6

Aug

1,100

,

6% Sep
9%

Jan

% May
5% May

2,400

1% May
8ya Aug

8%

Feb

Jun

38%

Sep

15,100

6 Vb

Feb

10

Sep

1%

Jun

6% July

"9% "9%

2%

2%

Sep

2%

2%

14,800

10%

10%

50

9

Mar

10% May
25

21%

21%

100

18

July

10%

10%

11

200

9

Jun

200

3% Aug

3%

3%

Apr

16% Feb
4%

Jan

Jun

19%

Jan

May

23 y«

Sep

18%

18%

100

16%

23%

22

23%

350

19

2%

1,400

2y8

Feb

3% Mar

~7%*

2% (
X7%

7%

1,800

6%

Jun

7%

29%

Jun

32%

9%

9%

9%

2,100

7%

Jun

toy* Jan

25

93 Vz

Jan

102

Sep

24

Feb

31

Sep

>.

80
102

102

•

*

Mar

29 V*

~9%

*

6

4%

8%

Apr

48

1%

8

5 ye

Jan

7%
Vb

Jan

110% Jun

Jan

200

6

7

—-

Feb

3% Mar

3%
45

6

6

2% July
108%

6%

7%

2%

7%
2%

2,500

6%

1,800
■

2%

Jun

Jun

Jan
Jan

8% Mar
3% Mar

95

"2%

"2%

Xl80% 183
34%
4%

4%

34%
4%.

25
200
50

100

1,600

12%

12%

900

30

-30%

1,300

86

July

95

Mar

98

95

May

104

Aug

2%

Apr

167% Mar
30%

Juii

3% Jun
10% Jun

2% Aug
185%

Sep

37% Jan

4ya

Sep

14 y*

Jan

95

July

33% Feb
103% Jan

20%

20%

150

17

Mar

22% Jan

28%

30%

28%

100

24

100

20%

100

10

28%

Sep

Apr

30

Aug

7%

Jun

10%

Jan

10 V2

July

13% Jan

Jun

12 y* Jan

13

300

7

Feb

Jun

13

Vb

550

6% July

300

9%

Feb

Jan

9% Mar

12% Mar

103

Mar

108

Mar

12

12

12

4%

100

10

Jun

3

Mar

300

*3%

3%
33%

3%
34%

15,000

34%

140

29 % Mar

10

~9%

10%

5,900

7%

preferred

•

9%

1

10%

National Steel Car Ltd

1

Co

New

Jun

10%

100

6%

200

6

7

800

May
6% Jun
5% Jun

Jan

10% J«iy
10%
9

Jan
Jan

600

16%

50

14 V*
3

Apr

3% Mar

2%

2%

6,300

2%

Sep

4% Jan

6%

Feb

10
Sep
16% Aug
6% Sep

9%
14%
5%

7% May

Jun

10

400

15%
6'/a

800

12% July

400

5% Aug

78% May
11 Jun

87

84

88

1,330

1

1

1

500

3%

3%

50

3

59%

60%

Mar

8% Mar
18%

88

Apr

Sep

3% Jan
7% Jan

Jan

—.

1,200

51

Jun

67

8

7%

8

1,600

6

Feb

!%•

Co.

Process Co common

10% Aug

16%

2%

1

common

Ingland Tel & Tel
100
Ne" Haven Clock ft Watch Co—-—1
46% convertible preferred
20
New Jersey Zinc
25
New Mexico ft Arizona Land
1

Sep

35% Aug

Jun

300

15

New

Jan

7%

7%

10

Corp

34%

Jan
July

vJan

11

9%

4

X7%

7

30c

National Union Radio

Mur

7

If
•
1

National Transit common

(Herman)

1

5%

8%

34

.28

—

Fuel

New Park Mining
.100

8%

July

400

33%

--

16%

Jan

127

May
13% Sep

July

11%

9

6

6

Hess common.

Nestle Le

100

14% Jan

14%

National Breweries common—

National Bellas

National Rubber Machinery

13%

113

13

2% Mar

3% Jan

—

iny8 July
10% Aug

14'/8

4

6% Jan

22,200

Sep

12%

—

common

Jun

3%

Sep

N

Feb

3%

1%

61/8
—

—

*

JO

Hachman Corp

l'/a

Kimberly-Clark Oorp—
preferred

1,100

11 Vb

12%

common..

4%

10%
9

12 Vb

1

200

13%

11

(Walter) ft Oo

Sep
Feb

112

—100

300

.

0-

Inc

Key Co common.

50

Neptune Meter common

3%

-•

Co

112%

Mills

5%

3%

1
Iff

112

12% July

K
pfd

24V*

•
Muskegon Piston Ring common—.2.00
Muskogee Co common
-10

Nelson

Kalser-Prazer Oorp

Feb

ft lei

3%

3%

Kansas Gas ft Electric 7ft

19,400

16%

—

5%

—

24%

Molybdenum Corp
1
Monogram Pictures common
1
Monongahela Power Co—
4.40% cum pfd
188
4.80% cum pfd series B
100
Monroe Loan Society com class A
1
Montgomery Ward & Co class A—*
Moody Investors partic pfd
•
Morris Plan Corp of America
lOo
Mountain Producers
10

3%

—

23%

pfd—.100

Missouri Public Service common

Stores common.
National Pressure Cooker common
National Radiator Co

Kokenge Oo—

Sep

24

*

National Mfg ft

ft

88 V*

—BOo

common

4%% convertible preferred—
Mining Corp of Canada

Gas.
National Mallinson Fabrics...—

Julian

99

Feb

1

Refineries

Miller Wohl Co

National

V

Feb

66%

Jan

1,900

300

f

77%

1,225

10

Co

Aug

6V*

12%

8,300

Preference

550

88

Feb

14%

Jim Brown Stores common..

99

86

9% Jan

Jan

~1%

3%

95%

87

BOo

Abrasive

Oil

13

11

1 %

Jefferson Lake Sulphur Co..

95%

Murray Ohio Mfg Co

22

%

jeannette Glass Oo common..

Feb

*
•

$2 non-cum dividend shares
Mldvale Co

Aug

Sep

% May
1% Feb

4%

JUn

5
—•

common

$1 conv pfd
Midland Steel Products—

112

Jun

700

14%

—

July

6%

7%

11%

"1%
_v

Corp

Mt Vernon-Woodborry

63

4,300

*

26
Aug
24% May

%

^

1

c

Sep

Jan

7%

7

12%

1,100

Sep

21% Mar

20% Jun

25

26

t c_l

Mountain States Powsk common
10

•

Safety Razor B
Investors Royalty.—
Iron Fireman Mfg vtc
Irving Air Chute
Italian Superpower Oorp com cl

Feb

Feb

97

10

International

Jan

17% May
17% May

Feb

100

International Petroleum coupon shs_*
International Products

Jan

Feb

5% July

v

Feb

Jun

2

26 V*

175

5,600

26%

7%

1
2.60
*
10
1

Midwest Piping ft Supply common

Apr

10%

Jan

400

1

Mid-West

1%

11%

26%

10

Apr

4

11%

8,300

4

'

10

West

Midwest

2% Jan

t

v

Mid-West

£i

Indianapolis Pwr- ft Light 4% pfd

Middle

Jan

200

Sep

24% May
23% Jan

74,600

284

Midland Oil Corp

Jan

15%

15%

Aug

Class B

79%

200

16

Co

Michigan Bumper Corp
Michigan Steel Tube

21

3% Aug

g

Jan

Jun

13%
14%

15%

15%

Iron

Jun

£1
•

17%

42% May

30 Vb

Feb
Mar

25

25%)

261/4

8

6% Mar

100

Participating preferred

Jun

13

6%

preferred

Metal Textile Corp common

17%

3

3

12%

—

Mesabl

68%

—

."3%

"3%

Sep

12% Aug
133

26 '

700

1%

—

A

100

100

47

'

J

33

39

106% May

16

Jun

& Scott Corp—

Warrants

6% %

5,800

19%

75%

1

_

Hydro-Electric Securities
Hygrade Food Products

Oo

20

•

mmwmmmmmmm

common

preferred

10

100

Feb

1

Mfg Co

Merritt Chapman

Middle States Petroleum class A

32

19%

•

Menasco

Apr

145

Jun

10%

1

Co

ft

Aug

108

5

Johnson

4

32

76%

•

Jan

May

Aug

24% Aug

18%

1,400

5,000

~7% 1%

—

•

11

100

19%

8

Oil

40

145

32

ft Co class B

Dredging

Jun

50

12%

23%
16

Sep

13% May

?y8

•
•

Jan

108

•

II100

preferred

Zinc

12%
40

96

74

25%

9% Mar

24%

22%

14%

May

Jun

Jun

900

Apr
Apr

1%

3

common

Jun

600

33

30

•

Horn ft Hardart Baking Oo
Horn ft Hardart common

Common

33

Corp

02.80 preferred
McKee (A G)

3

300

10%

8%

1

7%

1,000

3%

10%

Feb
Jun

1%

.10

common

39 y4

100

9

22%

1

-

common

Michigan Sugar Co common
8% preferred
Mlcromatic Hone Corp

43

10

10

common

8% May
48% Jan

3%

III15

Co

11

Sep
Sep

Mar
Feb

Apr
6% Mar

6%

100

Jun

9»/a

11

5%

8%

•

ft

9%

10

7

19

Marine

100

8%

12 Vb

"9

1

Inc

A)

10%

14

11%

91

10

Co common.

(Geo

6,500

68

~8%

1

—

Holophane

Illinois

8%

8% Apr
12% Feb

12

-

Feb

15%

Jun

10 y4

McCcrd

Jan

July
10% July

Jan

11%

8%
23
7

9

7

—

600

22%

•
*

Communication Co Ltd__»
Marlon Power Shovel

Mead

6

10%

•

1st conv

8ya Mar

800

21%

1

common

Marconi International

McWilliams

11

12

a

Huyler's

300'

—100

...

Humble

1,100

•

7%

—100

w

w

(R) 81 Co class A

8%

200

9%

11%

Hollinger Consolidated G M_
Holly Stores Inc.
Horder's

2%

12%

1,300
.

1

Manlscbewltz (The B) Co
Mapes Consolidated Mfg Co

Jan

2%

13%

2

-.

preferred w

Hormel

Jun

1% July

•

Henry Holt ft Oo common.
Hoe

iy8

300

7%

7%

__

_

xsoy*

800

•

eommon

A

Heller Co

Jun

2

12-

12

25c

Rubinstein

Class

Jun

44%

Jan

9% May
17% Mar

1%

9%

1
•

Mining Co

Helena

12

160

47%

6%

2

■

IIIIB

common

Apr
7% Mar

1%

1

Hazeltlne Corp

Dept stores

47

1

Brewing Oo
Hathaway Bakeries Ino

100

——

47 %

28

Harvard

He am

4%

~8

~8

Jan

7

5%
21

20%

22%

_•
108
100

6% convertible preferred

•

Jun

5%

6%

5%

Jun

M

McClanahan Oil Co

0.

Bridge Oo Ltd

6%

6%

——

Apr

H
Lamp Oo

Apr

x24%

preferred B ctfs of dep

McAleer Mfg Co

Hall

Jan

Chain.

Lone Star Gas Co. (Texas)

Massey Harris

Hamilton

5%
13%

26%

Locke Steel

10

133%

500

Jan

Jun

Jan

25%

Maine Public Service Co

Aug

1,700

13%

3%
8%

I

124

28%

10

200

3,100

Jan

Feb

40%

500

41/a
13%

Groceterias elass A.

Maoklntosh-Hemphlll Co

8

103 %

27%

•

Lynch Corp

1,350

40%

11%

41/a
12%

6%

Jan

115% 124

27%

Lit Brothers common

Jan

116%

2

11%

13

15%

5%

Jun

Brewery

14y* Aug

12

11% Jan

100

Paper

Western

I

common,

82%

Feb

—

—

Feb

100

Upton (Thos J) Ino 6% preferred—10

:

5

•

Lionel Oorp

*
I

Great Atlantic ft Pacific Tea—

Non-voting common stock
7 ft
1st preferred

Line Material Co

Jan

Jan

Jun

150

—

1

53%

7

—

10%

inc

v

2,800

10%

(RG)

Louisiana Land ft Exploration
Louisiana Power ft Ught $6 pfd

Jun

Sep

■

Jan

11

—

0

Tourneau

Long Island Ughtlng Co—
Common ctfs of dep
7% preferred A ctfs of dep

45%

6Vb

6Ve

i

Gray Mfg Co

Le

I
1

Jan

Jun
Jun

50

—

Jan

May

Apr

600

I

■

2%

1%

58%

57

Jan

12% Aug
23
July
8% Aug

10% July

35

5,400

—

58%

10

common

10

Sep

8

..1

,11
Longlnes-Wittnauer Watch Co—1

*

Class A

Lakey Foundry ft Machine
Lamson Oorp of Delaware
Lanston Monotype Machine
La Salle Extension University
Lefcourt Realty common

Sep

v

46

1

Jan

r'<f

%

45%

.

14

1

Lake Shsre Mines Ltd

17%

50

3

11%

Laolede-Chrlsty Company
L'Alglon Apparel Inc

11%

■

l

7%

21% Jan

32

17%

14

Co

Jun

«...

50

Mfg Oo

.18

Jun

25

600

•

Jan

16

600

Feb

2%

11%

9%

41

15

High
6% Aug
35% Aug

2%

13%

1%

1%

41"

17%

Jan

12%

1,300

1,900

16%

26%

17 %

1,200

.

50

Stores

Brewing

Loblaw

10%

17%

Mfg

Mar

4% Aug
6% Aug
18% Jan

12% July
9y* Jan

100

is y*

1

Inc

Gorham Inc

116

106%

Jun

4

May

20

Coal

6

Gorham

3%

—

Globe-Union

Goodman

Jun

105% Jun

/

4,100

10%

Glenmore Distilleries class B

Class

Xll2%

Feb
Jan

100

Jan

—

4

•

common

75

—

.

95

10

115% 115%

6%
4

Jan

1% July

1,500

100

— —

3%

200

8% Feb
37% Aug
104% Sep

Jun

100

70

4% '

l

Co

Alden

Jun

1

Gladding McBean ft Co
Glen

Jun

7%

2

•

Yellow kmre Gold Mines..

urmut

Jun

5%

—

4V4
2 Ve

•

preferred

Gerlty-Mich Oorp

7%

700

—

36

36

100

pfd

—

200

6V4

ey8

10

35%

23% Aug

7%

7%

1

8% preferred series A
General Fireprooflng common

35 y«

3% Jan

Jan

Jun

General Electric Oo Ltd—
Amer dep rets ord reg
General Finance Corp common

3,700

Apr

2%

.

Low

6%

Mar

22%

—

—

—

18%

1

300

1

•
General Builders Supply Corp com—1
5* conv preferred
2#

14% Mar
88% July
4y« Jun

_

40

5%

5'A

1

Range Since January 1

High

6

-1

(DEmll) Oo common
(IB) Rubber Oo
Knott OOrp common

preferred

Shares

-1

Kleinert

8%

Low

.88

Klein'

Gellman Mfg Oo common
General Alloys Oo

Sales

for Week

Range
of Prices

6%

Ktrkland Lake G M Co Ltd

G&tlneeu Power Oo eommon

Week's
,,

Sale Prlce

High

8% May

9'/2

9J/e

#0

prelerrea

conv

(Geo A)

Low

io'/2

Friday
Last

New York Curb Exchange

1,300

;9%

~

16

STOCKS—

Range Since January 1

High
11%

1

Franklin Simon ft Oo Inc common
Puller

Shares

11%

a

(1109)

EXCHANGE
SEPTEMBER

for Week

Range
of Prices

Par

Port

CURB

FOR WEEK ENDED

CHRONICLE

Sales

Week's

New York Curb Exchange

.

&. FINANCIAL

1%

1%

2,600

1

Jun

11% Apr
1% Apr

50

65

Apr

75

59%

68

68

Jan

33

34

COMMERCIAL

THE

(1110)

YORK

NEW
Friday

Week's

Last

New York Curb Exchange

Sale Price

Y

Auction

N

Y

&

Co

common—

Low

Y

N
N

10
V

;

1

'

!

13%

13%

101

.100

'

•

Salt Dome Oil Co

•

9%

9
•
•

34%

30%

•

34%

31

Rayon

class A

Class B common

Utility

1174

J 772

Jan

13%

Sep

Samson

92%

97a

2,300

7%

872

Apr

1

it

1,600

74

2,000

287a

2,300

28

34%

3472

,

North

274

RR

Penn

274

50

Co

Northern Indiana Pub Serv 5%

3

105%

;

57a

3,100

1674

Apr
Jan
Jan

Selected

Jun
Jan

Convertible

Apr

$5.50

Feb

Allotment

July

89

Jan

107

572

Sep

400

.

Jan

Ohio

Brass

Co

Ohio

Power

4Ya%

Oklahoma
Old

class

2%

377a

387»

350

112% 11274

160

•

B common

preferred

Natural

Polndexter

2%

112%

100
13

Qas

Distillery

Omar Inc

12

317a

27 % July

874
V

97»

Jun

(R

Lighting $4.50 preferred

Leather

227a

Jan

Jun

9%

Sep

1st

preferred

Pen

674 July

1,300

3274 Aug

367a Aug

3374

800

297a

337a

Patlcan

•

3%

Plymouth

Mills

Corp

,

11%

44
A

Power

Pressed

2%

4%*

prior

2972 Mar

Jan

974 Aug

Jun

3

7

725

100%

Jan

4

Jun

500

3

3

3

Mar

567a

10

10

574 Mar
417»

Jan

47a Mar

Jan

3

Sep

10674 May

3274 Mar

200

54 7a

7a

15%
7%

1,400

50 7a

Jun

697a

100

87j

Jun

10

7%

774

300

18%

400

2,700

Apr
Mar

2472

Jan

1,800

"27a

Jan

17a

400

172

Jun

12

127a

38

57%

577a

587a

•

17%

17%

i7%

'

6%

6%

x5

Jun

127a

Feb

39

Jun

697s Feb

14

2,600

;

Jun

2574

Jan

6%

47a

Jan

372

4,800

67a

*

3,000

4s/a

Sep
Mar

13% May
574 Jan

Jan
Jun

85/a

Jan

1472

Jun

9172 July

V"

—

Jun

5% Aug
11

:

„

.

Apr

957a

Jan

31%

900

77a

Feb

8%

Jun

11%

400

874

Jun

1172

Jan

17a

17a

3,900

17a

Jun

7%

•

500

8%

11 Va
*

3274

874

~1%

774
10

7

Jun

9%

Jan

10% Jan

Jun

26

Jan

38

"

.

17s Jan

1

•

9%

300

—100

?'

;200

87i

Jan

10X7« 1017a

100

957a Jan

125

947a

100

10

10

6%

13%

200

Xl 17a

127a
Xll%

Ltd

6%

preferred

96

100

250

67a

800

1174

Jan

Jun

21%

97

Mar

12 Va

Jan

5

630

154% 155%

Jun

7y4 May

85%
143%

550

Jan

99 72

Aug

Apr

15574

Sep

1474 May

%

ft

11,800

$3

convertible

preferred

Reis

(Robert)

Jan

19

May

74

Jun

1

Mar

2174 July
16% Jun

26

Jan

1,100

22

Sep

40

52 % Mar

56

Apr

Reliance Electric &
Rice-Stix Inc

Engineering

20%
56

8

5%

22
56

5%

57a

6,600

6.21

4%

100

1

3%

%

3%

3

3%

%

%

18%

1

'

22

200

2%

2%
17a

2,200

Smnn

1

.

;

.

Roosevelt

Field

Inc

174

96%

96

(The!

Corp

common

10%

100

8% Jun
87a Jun

~2%

1,400

27a Jun
1972 Aug
1074 Jun

217a

217i

9
4 7a

1

8

57a

•

47a

1

6%

Consolidated

For footnotes

Petroleum
common

see

22%

6%

Ryan

Ryernon Sr Havnes

3
v

9,400

66

;

2

•>

700

1674

62

2,100

..

%

Jun

53

it Apr
13%

Apr

2274

Apr

16 7»

20

Jan

15

Aug

15%

100

147a Jun

16

May

3%

100

37a

Jun

472

__

—-

57a

--

27

——

Jan

2974

Apr

231

—

6

500

—

234%

5% Jun

77a

__

—

Jan

27a Mar

~
_

__

—

•

87

-«•

257a

«...

10%

37a
93

Aug

1,000

274

Jun

1

97a

9

97a

1,900

67a

Jun

317a

31

3174

16

16

Boss Manufacturing common

8outh Coast Corp common
South Penn Oil common

10%

11

A

1

2,400

874 Jan

100

7s May

A

—..

'

272

.

10

—

127a

Apr

»

17a

Jan

,

33/a

Feb

*

93/a

Sep
3s/a July

Jun

1,000

25

Jun

36%

Jan

60

14

May

18

Jan

Jan

45

May

Edison—

original preferred

23

37

__

29

4.88%

cum

preferred

23

29

29%

400

2774

4.56%

conv

preference

29

3074

31

700

28

25

29%

30%

700

2674 Mar

26%

26%

400

30%

32%

3,300

27a

27a

600

preference

25

preferred

cum

Southern Pipe Line

8

Spencer Shoe Corp

—•

Stahl-Meyer Inc

Forgings Corp.
(Ky)

Standard

Standard Power & Light com
Common class B

3Y* Jun
72 Jun

472

Jan

100

1

800

5

Jun

87/a

Aug
Apr

17%

450

16

Jun

2172

Feb

17

-

30,100

174

Feb

1,300

174

Feb

100

1127a

Jan

3%

3

3%

28%

3,800

■

2%

2%

3%

47a

May

-

'

Jan

75

7374

75

23

23

1074

£i

1

3%

27a May

478

i.,450

97a July

1272

Jan

1,600

% Mar

27a

Apr

2

•

common

13

•

Swan Finch Oil Corp

1672

1672

—1

Superior Portland Cenent, Inc.
Superior Tool & Die Co

47a

27a

27B

n

174 Aug
Jan

4%

107a

Feb

1774

Sep

600

13

47e

% Mar

350

1774

17;
127a

250

common

7% July

1,300

17a

1774

Jan
Jan

17,900

12

-1

?

Apr

2472
15

374

10%

5

Stop Si Shop Inc

75

Jun

97a May.
5 % Jan

"1%

274

•

Corp

27/a Mar

19 72

r

100

1

2

Feb

47» May

67% Jan

100
—

Sep
Jan

35/a

Jan

2

290

10%

Apr

77/a

2% Jan

3,600

1

274
147

57/e July
27« Jan

100

4

m

•
com

Co common

Si Co

147

•

;

& Co common—

Drug

146

1

1

Corp

Steel Co of Canada

(S)

3272 Aug
23/a Sep

27a

274

1

Sun Ray

$

'

147

Standard-Thomson Corp
Standard Tube class B

Btroock

Feb

8

800

(Hugo)

107a

274

2

27k

1
•

77a

Stinnes

19

Jun

1,600

774

Stetson (J B)

Jun

327a

77i

(A)

Jan

200

317a

327a

4% Mar

27/s
167s

'

50

874

1

Sterling Aluminum Products
Sterling Brewers Inc
SSterling Engine Co
Sterling. Inc

Jan

%

•

(The)

Jan

Apr

874

■

preferred
Standard Products Co

Starrett

3%

87a

.1
-10

Oil

27s Mar

17

17%

10

Dredging Corp common
1
convertible preferred
—..20

$1.60

Juiy

672

5/a

_

•

8

Standard
Standard

2b °/4

39

V/b

__

2.78
1

preferred

Sep

July
Jun

-.'i

Sep

3074

17

•

Brewing Co

Standard Cap & Seal common
Convertible

—

Feb

31

237a May
4

3274

2974

Apr
Mar

20

1

—

Southland Royalty Co

Standard

Feb
Jan

'

12.50

Pipe Line

California

,

f

2672 Mar

Jun

3

conv

<

Jan

236%

2207* July

60

27a

4.48%
4.32%

•

May

374

3

6%

Jan

Sep

117a

15%
~

£ 1

Corp

Southern

Sep

15

1472

1
1

Pa

Sep

66

1097a July

200

14

100

Manufacturing Co

Southwest

Feb

374

Jan

1

Sonotone

Jan

1174

10574 Mar

^100

107* Jan

13 Va

Jan

57a

Jan

4%

.100

17

14

175

Jun

18

Apr

Aug

274

500

Jun

3

Jan

77.

27a

16

Tampa Electric Co
Technicolor

Inc

Tllo

•

common

Co

new

Corporation

•

common

-

Jun

11

Mar

1474

8

15%
124

123

307a

Aug

40
700

V

11%

137a

133/a

872

Realty
&

&

Allied

1

Construction.

1,300

300

137a xl33/a

<

Stocks

72

72

350

'

1

' '

9772

'

•

com.

-

967a

450

8
6

10
-

1

_97a

-1

7/s

2,500

.

87a

Jan

Ulen Realization Corp
tJnexcelled Chemical Corp

Apr

27a

Jan

Union

Jan

9974 Aug

Jun

27

4

Gas

of

100
6

1,500

37s
y 27a

Apr
Feb

1772

350

15%

Jun

20

Sep

20
•

100

Jan

47a

Jan

27a Mar

18% July
2472 Jan

50

800

37e

Jun

7%

Jan

■:

100

87s Jun

1172

Jan

57a

9%

17s

17s

174

2%

37a
12%

2,300

Jan

Aug

10

578
37

100

Aircraft

60c

Feb

United

Chemicals

Apr

United

Corp

Feb

United

Elastic

Products

com

•

common

Corp

—

87a

Sep

United

Light & Railways

7

6%, May

United

Milk

•

678

Jun

Feb

47a

57a

\300

47a July

674

Jan

37a

47a

1,100

37a

Aug

57a

Jan

57a

6%

3,800

372

Jun

672

Sep

75c

participating

50

2%

-1,400

38

Apr

Jun

3%

Jan

774 Jan
674 Jan

13%

Aug

6%

Apr

common

preferred

*

300

38

Jan

9972

Sep

5374 May

x58%

Sep

3%

Jan

92%
172
32

Jun

May

40

Aug

3074

%

8,100

7a

Jun

ft «lan

3074

•

Feb

275

99%
x5872

27a

"%

warrants

Products

~2%

99
x58

99

Aug

107a

>

Jan

1%

1,500

117a

17b

1

600

37a

Union Oil Co of California—
$3.75 pfd series A
Union Stock Yards of Omaha

572
;

it Jan

:

r

20

4%
97a

57a

274 Mar

9872 Aug

Jan

■ft Jun

Jan

60

174 Feb
9172

12,300

12%

Canada.

X67a

7,200
.

y

1,000

Feb

it Jan

Jun
Jun

3%

..

Aug

674

U

27b

20 %

2,600

6%
10

%
x39

27/s

17

72

Jun

272

•

Jan

Jun

874 May

300
900

Jan

'

175

*

13% Aug

Jan

89

300

4%
24

Sep
Jan

:*■ 374

17

_

9872

74

.

%
—,

27a

2

27a
.V--

1

prefftrrsd

Jan

137a
1078

1,700

20

convertihlA

17*

■■

74
4272

Inc

Tung-Sol Lamp Works
80c

s/e

~2%
_

137»

Feb

374

4074

warrants

Corp

Jan

52

40

74

-100

i,

1772

77a July
1072 Jun

-

403A

_7 JO

Royalty Corp

Trunz

•

6s

pfd
Tonopah Mining of Nevada..
Trans Lux Corp
Temper

—

20

...

Toledo Edison 474%

Tri-Continental

mm*#•'"

'

Sep
Feb

Sep

11

400

;-"*V

—£1

dep rets ord regis

128

87a July

100

87a

13%

1.':

1474

A

Tlshman

True

13

14

1572

Jan

May

120

11

-25c

107a

3,600
'

Jan

26

700

30%

1474

■

5

Inc

Roofing Inc

Tobacco

15

-100

common

Markets

30

3074

..

common

Light 7pfd

United

2272

Russeks Fifth Ave common__>.,.-.__1.25
Rvan Aeronautical Co
1

Jan

500

15%.

1674

Jan

2574

—

•

Royalite Oil Co Ltd

1%
217a

18 %

8
10

Jan

4%

300

1,300

%

•

Paper Mills

(Howard)

17a

•

3

Rotary Electric Steel Co

5

.

47a Mar

May
% Mar

xl7% July
19% Jun

Royce Ltd—
£1

Jan
Jun

374
2%

Union Investment Co

100

Sep

SBolar

Jan

\

Rochester Gas & Elec 4%
pfd F
Roeser & Pendleton Inc common
Amer dep rets for ord
reg
Rome Cable Corp common

Jan

3

800

174

774
572

200

1,000

Jun

27a July

1,100

187a

21

•

Valley Gas Co—
(Texas Corp) v t c

Rowe

•

1

Richmond Radiator
Rio Grande

Rolls

100

•

Co

&

it Jan

153A

1

Manufacturing common
Reading Tube Corp class A
Regal Shoe Co

% July

*

10

Raytheon

88

Solar Aircraft Co—.—

Toklan

%

10
A

Packing Co common
Raymond Concrete Pile common

Rath

Sep
Sep

May

27a

•

Amer dep rets def regis
Todd Shipyard Corp common

R
warrant*.

Jan

21

85

10%

1

Amer

—

3V4

Jun

72

Tobacco Security Trust Co Ltd—

Aadlo-Kelth-Orpheura option

Feb

Jan

9

v,

13% Aug

Railway & Light Securities—
Voting common
Railway & Utility Investment

15

Jan

172 Aug

Publications—*

Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
;
Sioux City Gas & Elec Co—
3.90% preferred

Thorofare
97

Quebec Power Co.

17%
16%

7274 May

37a

•

Thor
common

250

•

Canada

common...:

Thew Shovel

Oats

4,050

85

2%

25

common

Simmons-Boardman

Texas Power &

Quaker

Jun

Jan

Jan
Apr

10172 Aug

•

8

Jun

2

101 ya Aug

100

100

—*

28,800

21

197a

12% July
27« Jun

100

Breweries

Silex Co

,j.

Stein
100

117a

67a

32%

Apr

5574

"

•

■

Apr

27a

107a

75

37a

37a
„

~3 A
,

'

-880

3'/a

27a

7a

6
—•
-1

$7

367a

3,000

38

50

1

com

Jun

~3A

.—1

Pyle-National Co common
Pyrene Manufacturing

57a July
18

17a

2.50

preferred

1574 Aug
Jan

~27a

50

Jan

87a

1

•

preferred

Feb

11

1

•

B

37a

z7e July

itioo

15%

18

2.50

common..

1

1474

Puget Sound Power & Light—
(5

2574 Aug

Apr

10472 10574

10

common

Puget Sound Pulp & Timber

47

Jan

11,200

Colorado—

cumulative

Jun

23%

X347i x347a

1

_

America

of

41

17i

1

common

Prosperity Co class

Jan

277a

2,900

105%

•

Providence Gas
Service

3

•

Producers Corp of Nevada

Public

274

100

of

Jan

Apr

-

Co

Inc

Metals

97a

25c

Lambert

Prentice-Hall

874

5uo

Mining Co

&

57a

•

2.50

1st preferred

Pratt

80

Jan

«...

'

2874

—26

common

common

Alexander

Jan

157a

Jun
*

Jan
Jan

150

50
'

2874

2

Corp of Canada

6%

44

9%

1

Pittsburgh Bess & Lake Erie RR
Pittsburgh & Lake Erie
Pittsburgh Metallurgical common

Powdrell &

1172
17

May

3

Jan

2472

Apr

,1074 Aug

1,200 *

—'

28%

-•

Pltney-Bowes Inc

Polaris

700

4

2.50

common

Scale

19

Apr

4

6% Jun
1472

300

50

1

Pleasant Valley Wine Co

387a

Jun

'

Pinchin Johnson Ltd Amer
shares
Pioneer Gold Mines Ltd
Piper Aircraft Corp common

Pneumatic

15,600
-

11%

374

23

Philadelphia Co common
Phillips Packing Co
Governor

7%
22

11%

28

Pep Boys (The)
Pepperell Mfg Co (Mass)
Perfect Circle Corp

Pierce

26

174

——

•

22

•

common

Rubber

Jan

May
July

85,000

•

Penn Water & Power Co

&

Mar

23%

■"

Penn Gas & Elec class A
common
•
Penn Power &
Light 47i% pfd——100
Penn Traffic Co

Pharls Tire

98

19

'

— -

22

*

Peninsular Telephone common
$1 cumulative preferred
$1.32 cum preferred
Pennroad

77a

1

Ltd

Sep

Jan
Feb

375/a Aug

3%

2%

7%

—

8

105

Jun

Sep

15

...

—

Co

Co

10072

—

~—

—-

Parkersburg Rig & Reel————1
Patchogue

325

105

Apr

94
.'

•

Page-Hersey Tubes common
Pancoastal OH (CA) v t c
Pantapec Oil (CA) Amer sh
Paramount Motors Corp
Parker

Jan

400

3674

33

'

$1.30

87a

774

35%
104

200

common

preferred

4%

Jan

Jun

67a

36%

•

%

15

4,300

197a

•

14

1274

1,000

100

1%
14%

84

1
1
1

Slck's

Apr

300

9%

33

*

pfd

3

1974

•

77a

Power & Light 5%

100

17a
13%'

Jan

2% July
2872

Aug

"

17a

1

Inc

B)

Radio

Shoe Corp of America class A

23

Pacific Public Service com

1772

'

Jan

37a

Jun

1

Mar

28

Pacific

1772

100

Jan

27a Mar
27a

76

Simplicity Pattern common
Simpson's Ltd class B

Pacllic

1

certificates

$3 convertible preferred

Pacific Can Co common
Pacific Gas & Elec 6% 1st
pfd
5Va %
1st preferred

17a

Jan

11%

2074 July
10 ;, Jun

1,400

17a

1

common

Sherwin-Williams of

14

13

50

15

Sep

Aug

15%

8%

14

Jan

19%

27a Jun

900

14%

87a

Juc
Jun.

17a July
1% Jun

2,500

Apr

11

13

1

3% May

100

174
24%

172

3

Sherwin-Williams

Sep

11

100

■$

3

24

*

Safety

•

200

12

112 74

3

2472

1

Shawinigan Water & Power
Sheller Mfg Co

4074 Mar

Jun

Feb

200

*

Corp common:
Control.
Serrlck Corp class B

27a Sep

.

,

15

1

Securities

3272

10674
!

1,200

9

•

O'oklep Copper Co Ltd Amer shares
Overseas

297a

97a

297a

1%

1

Oliver United Filters class B

Feb

2

4,000

••

1%

1

BhattucK Denn Mming:

2%

80a

17a

25

Sentinel

Seton

common

172

stock

Bemler

Aug

O
Corp

47«

3,900

High

.

Aug

19

Sentry

Ogden

12,800

prior stock

11%

137a May

Inc

Industries

2%

14%

6%

•
—

Segal Lock & Hardware
Selby Shoe Co

3%

1,100

67a

18

—1
1

common

37%

10174

80

5%
167a

167a

•

Steel

Co

1872

674

25

Securities Corp General
Seeman Bros Inc

15%

82

1057a 1057a

574

1

Scullin

Feb

2'/a

1,700

—*.

pfd_100

Northrop Aircraft Inc
Novadel-Agene Corp

Manufacturing

Jan

172

500

1274

12

ScoviJl

37

Apr

678

6%
18%

1

Bayre & Fisher Brick Co
Bchulte
(D A) Inc common

1

Apr
Mar

5%

Low

25e

Sep
Aug

Range Since January 1

High

1

common

Aug
Jan

14

Low

Shares

1

Corp
(Del)

Inc

1072 July

1UU

2%

2%

12%

1

Airlines

United

Oil

for Week

of Prices

49

common

972 Mar

.

Jan

1,400

Savoy

Ltd

preferred

conv

%

Jan

137a

1

1

Oil

Texas

Lawrence Corp

11%

Feb

974

98

Jan

500

'

Central

North

Northeast

St

101% Aug

9472 Mar

7% 60

87a
13

•

Securities

■

775 £

9674

*

Mines

105,900
•Wr

1174

'96

Nineteen Hundred Corp common

American

Apr

V'f

Niles-Bement-Pond

North

20

7e

96

.100

137a

10072 10172

1174

American

Jun

Feb

1st
'.'j

Niagara Hudson Power common.
5% 1st preferred
6%
2d preferred
Class B optional warrants.
Niagara Share Corp common

North

Jun

26%

Corp—

Founders shares

Nlplssing

50

Sales

-

Range

Par

872 Jan
32
Aug
13% FeD

15%

31

31

Week's

Last

Sale Price

Exchange

High

Low

-10

Shipbuilding

New York Cure

Range Since January 1

7% Aug

.10

Mercnanaise

Y

Shares

High

#

_

RosarlO—

Honduras

Friday
STOCKS—

for Week

of Prices

Par

N

10

Sales

r

Range

Monday, September 19, 1949

EXCHANGE

CURB

WEEK ENDED SEPTEMBER

RANGE FOR

STOCKS—

CHRONICLE

& FINANCIAL

3072

100

257a

Jun

3074 May

297a

30%

63,400

21

Feb

3074

7%

774

25

77a May
Jun

1072

Jan

21

Mar

15%

Sep

United Molasses Co Ltd—
Amer

United

37» Aug

dep rets ord regis
N.T RR

&

Canal

100

241

July

47a

Feb

24674

Feb

page 35.

i;
■),




H

~

Volume

170

Number 4839

THE

COMMERCIAL

NEW

YORK
RANGE

Week's

Friday
STOCKS—

Last

New York Curb Exchange

Sale Price

Low

United Profit Sharing com
10%

_25c

preferred

United

Shoe

-10

Machinery

Specialities

U 8 Air

U

1st

49%

47%

40%

S

1

Radiator

U S Rubber

8

1

8

1%
'

Reclaiming Co

1

United Stores Corp com
Universal Consolidated Oil
Universal Insurance

—10

Universal Products Co
Utah-Idaho Sugar
Utah

Power

Rights

&

1%

—10

Vr*

100

1%

2%

25

2%

24V2

common

Jun
Jun

23%

24%

■h

32

„

2%

Jan

50/2 July
x25% Feb

Aug

21 %

Sep

6 /a Jan
1% Jan

v

.

1% Aug
Feb

24

2%

3% Aug
86

35%

100

2%

16 % May
.

Jun

1

' H

500

I", 11% Jan

Feb

3%

400

%

Light

Jun

1,600

49

25

25

—5

Jan

41% Aug
8% Feb

% July
12% Mar

—

-10

common

52/a

1

Jan

73

Jun

26

Jan

1,800

2

Feb

2,500
.

21

Jan

24%

Sep

d52

A

21,700

Interest

Interstate

2%

ADebenture

A 7s with Nov 1

„

A 7s

Nov

ex

Altalian

1940

.

$4

Venezuelan

4%

400

Syndicate

Inc__

41/4

4'/4

6%

1947 coupon

1

71

34% Mar

3%

Jun

2,300

'2%

2%

1,200

1% May

ll'/a

*

life

200

107/a Aug

Apr

53/4
3

Jan

Jan

Co—

1%

Waitt & Bond Inc
$2

Waltham
Ward

;

Watch

Co

wi

c

Warner

Aircraft

Corp

1

4

500

8'/a

400
30

Wichita

River

Wickes

Williams
Willson
Wilson

6% May
Jan

Brothers

Woodall

& Lt

Jun

36

20/a Mar

22

100

14

Jun

153/4 Mar

2

May

16

153/4 July

16%

21%

Industries

Woodley

(F W)

pfd

19

7

Jun

9

Jan

"7%

€3/4

7%

450

5%

Feb

8

9%

675

83/4 July

10

Jan

3%

37/a

400

5

Jan

13/2

133/4

125

9%

29%

29/4

29/2

27/e

200

1023/4 1033/4

Jun

23%

1963

4%s„-

98

20

123/a

123/a

12/2

5s

81/4

8/4

2

1}|

10%

8%

600

x6%

7,800

~l\k

60

60

..

57

65

105% 105%

105%

106 %

*105% 107%

105%

106%

1970

Hydro-Electric
1

1947

Oct

ex

1

50-year

6%

&

105% 105%

J -J

J -J

A-O

Edison

3s

1st mtge

Stinnes

Terni

2nd

'c'

■:

—

12

106/a

105 %

3

?

114

103%

2

106% 106%

101

109%

.

17

r

J-J
F-A

M-N

106%

*100% 101%

t

V-• y

—-

j

104

105

103 "/a

106%

99%

101%

104%

$106% 107

'

A-O

80

A-O
J-J

1946

A-O

42

—

—

%■

106%

1

131%

*70%

76%
123

__

1,

76

*42%

I

/

80

*127
-

1940

45

95%
128

63

72

18 %

52

18

52

20

30

59

—

—

—

—

Industries—

stamped

_

42

50

16

43%

50

Hydro-Electric Co—

A6%s with Aug 1 1940 coupon—1953
A6Z2S ex Aug
United Electric
A 7s

with Dec

A 7s

ex

1

Dec

A 5s

1947 coupon

1

Service

Waldorf-Astoria

1

1953

*30

Co—

1940

*49%

1956
1954

Income debs

—

M-S

If ;.I

—

■

■

I 'l

2030

J-D

1959

F-A

5s__

.'

—

•>; -*119%

/;

—

16

82%

1

106%

4

104%

109

118%

119%

100%

90%

104% 104 7/a

*

•

50%

--

106% 106%

A-O

1960

Electric

Penn

—

89 ye

J-D

1964

West

28%

54

*30

1956

coupon

1947 coupon
Hotel—

Washington Water Power 3%s

6s

104%

100%
112

105% 106
106% 106%

106%

Corp—

(Hugo)

A7-4s

A-O

159%

101%

3

104% 104%

1960

3rd stamped

Stinnes

'

P-A

1950

Corp inc 5s

(Hugo)

A7-4s

148%

—

103

*110

'

—«

106%

J-J

1970

3%s

5s

collateral trust

5s

'

■

106

1989

Elec

&

51

.

*99

M-S

1971

Spalumg (AG)

96%

—

3s

Southwestern Gas
AStarrett

M-N

1970

3%s

(Calif)

;

103

M-S

1973
Gas

26

*159% 161

~

103

1965

1973

Gas

54

%

3s_1981
1952

A

Counties

93

*30

1998

California

106%

*49

1952

Southern

108

103

—

Co—

Safe Harbor Water Power Corp
San Joaquin Lt & Pow 6s B
series

105%

106 %

1960

Gas

A

California

106%

coupon—1960

coupon

debs

series

105%

104%

*105

Queens Borough Gas & Electric—
5%s

103%

106 %

*104

Co—

1940

Service Elec

104% 104%

•,

103

—

—

92%
108

Newspaper Union—

conv

f debentures

s

*102

104

Jan

Jun

2/a

Jan

Ltd—

I"■<

60

Jan

14

109%
102

j-d

1043/4 Mar

10% Aug

a-o

Pennsylvania Water & Power 3%s_1964

Western

Jun

800

105

108%
100

*97 Ze

33

Jun

8%

8

102%

J-j

mtge 3%s
1st mtge 3s

West Penn Traction 5s

Apr

105

108% 108%

*100% 103%

A-O

1st

mtge 3s

15% Mar

Feb

2

common

Apr

13

F- A

A-0

Apr

13%

/ *103/8

J -J

1964

May

700

J-D

1956

1971

23/4 July

300

40%

1968

Power

1st

Park Lexington

Jun

77/a

21

*36

Ohio

Jan

i

16 %

100

Inc

Petroleum

Woolworth

27/a

73/8

*

4%%

Feb

15/a

1

Pwr

26

31%

——25

Wisconsin

Jun

300
175

52%

40

*30

ms

Apr

23/

1

common

Sep
Feb

155

15/8

•

preferred w W—
Winnipeg Elec common

87/a
115%

Jun

V.

j-j

m-n

Apr

31

l

5%

1/2

23

5
.

Feb

31

10

(R C) & Co
Products Inc

1/2 July
4% Jan

23

1

Oil Corp
Corp

(The)

Jan

10% Jan

112

10

Weyenberg Shoe Mfg
Whitman (Wm) & Co

2/a

% July

138

20

Westmoreland Inc

23/4

1,500

113/2 113%

113%

Western

Westmoreland Coal

1/a July

%

77/a

•
Western Maryland Ry 7% 1st pfd—100
Tablet & Stationery com
•

450

3,700

1%
4%i

■).// %

%

■

1.25

Sep

12 May
6/2 Jun

10%

1%

9% Jan
111
Mar

7% July
108%

1,200

Apr

84

1961

Southern

1%

1/e Aug

50

1%

93/4

1%
4'A K

Baking Co warrants

Wentworth Manufacturing
West Texas Utilities $6 preferred

9

1%

10

1

100
400

1083/4 109 %

1%

30

t

v

1%

98%
—

l

Y

preferred

cum

.

27%

1969

1st & ref M 3s ser B

•

High

62

44

:_1967

3 Zes

Aircraft

Low

./yy

r

Milwaukee Gas Light

W
Waco

No.

New England Power 3%s

Southern

Wagner Baking voting trust ctfs ext_*
1 7 % preferred™—
100

54

1966

3/2s

Midland Valley RR—
Extended at 4%
to

Jan

123/4

84

1963

Kansas Power & Light 3%s—
McCord Corp deb 4/2s

Jan

Jun

Jun

4>/2

y,,20c

Manuafcturing

Jun

4

63

82/2

84

1952
1952

Superpower to

Kansas Electric Power

Public

25%

niiii

Petroleum

Venezuela

Vogt

4%

—II—5

Steel Co

Jan. 1

*49%

/-J

coupon

A6%s

Vanadium-Alloys

Range Sines

Sold

High

II

>

..

ctfs

escrow

A6/2S with Oct

common——,
convertible
preferred

Bonds

Bid & Asked

Isarco Hydro-Electric Co—
...

Apr

Sep
Sep

Co—'

Power

Piedmont

Corp

Sale Price

Low

3%s

Valspar

Week's Range
or Friday's

*

Last

Period

Exchange

*

Jan

6%
:

100

l/s

1/8
48

'2-

i___

w

4

_50c

Apr

7%

37%

800

3%
v

';

1%

3,500

86

IIIi

common

,

High

Jun

200

1,200

V

3%

3

85%

——

.

New York Curb

4% Aug
42% May

200

14%

13%

;

3II'

warrants.

%

3,400
i ;

:

1%

13%

•

Securities.

with

600

8

1%

-IOC

—_

16

Friday

50

49%

39%

common

preferred

5%

-

35

EXCHANGE
SEPTEMBER

Range Since January 1
Low

tl

40%

Conditioning Corp

U S Foil Co class B
U S and International
$5

%

._25

-y

ENDED

(1111)

BONDS

Shares

High

5%

■

CURB

WEEK

CHRONICLE

for Week

common.. ..25

Preferred

United

II:

—•

FOR

FINANCIAL

Sales

Range
of Pricea

Par

&

"

American deposit receipts

6%

;

preference—

8% May

£1

—

Wright Hargreaves Ltd

*

.

A

~2~ft

Apr

Foreign Governments & Municipalities
Week's

Friday
,

BONDS

.

New York Curb

Interest

Exchange

Period

Last

or

Sale Price

Range

Friday's

Bid & Asked
Low

,

Bonds

Appalachian Elec Power 3%s—1970

J-D

108

Atlantic

1964

J. J

1960

J-D

Bell
5s

series

C

Bethlehem

Steel

6s

1998

Boston

Edison

Central

2%s

5s

debentures

5s

,

J-D

1948

M-S

1966

M-S

1958

—Jan

5s

J- J

1954

y_.

Debenture 5s__

A-O

Debenture

5s

1969

1977

1969

&

Pwr

(Bait)

Gen

———1976

37
/

165

107%

94%

10

106

107%

87

'

J105

95%

J-J

106%

104%

1063/4

*103% 104%

—

993/4

A-Q

103

M-N

107% 107%

1954

A-O

103

99%

103%

102%

tlll%

107%

111%

-

112%

Delaware Lack & Western RR—
of

N

1993

M-N

54

54

—1993

May

*36

40

1st mtge 4s ser A,——
A 1st

mtge

4s ser B

Eastern Gas & Fuel 3%s

Elmira

Water

Lt

1965

J-J

1956

5s

& RR

m-S

100/2 1003/4

11

117/2 117/2

117%

49

1

63%

32%

1
—

48%

963/4
116

100 3/4

117%

Ercole Marelli Elec Mfg

Co—
A6Z2S with Nov 1 1940 coupon—1953
A6/2S ex Nov 1 1947 coupon
1953

Finland
5s

Residential

stamped

6s

&

Indianapolis
A6Z2S

Power

Z

1

A7s

100

100

J-D

103%

103% 103%

(Aug

—1958

3/48

1941

59

%

—

M -N

1970

Sec—

1941

A7s series F——

A7s

J-J

59

,1

60

41

52%

7

100

$46%

1

on

48

40%

—

40

104% 104%

103%

2-

59%

J-D

-1957

¥-A

*60

593/4

2

593/4

10

46

106%

32%

*59

593/4

31 %

1952

20

15

Rail¬

Util¬

trials

roads

ities

65

Stocks

■i

f

6%

—

13%

15%

1

24%

29

4

37/a

46

41%

45%

46

*48%

__

A-O

*48%
*30

*73 1

77

2008

J-J

1*31%

34

-

:

v.-'

'
....

mm—

61%

80

26%

—

reduced

to

1997

Government

6/2S

J- J

17%

18%

97

15%

18%

2012
1919

(Plan A)
2%

j-d

27%

28%

3

24%

29

m-s

2%

2%

16

2

3%

j-j

2%

2%

25

2

3%

•No par

Odd-lot

DrinciDal

value,

a

transaction

Deferred delivery transaction (not included In year's range),
d Ex-Interest,
(not included In year's range),
f Ex-distribution,
g Ex-stock dlv.
hKxtransaction (not included In year's range),
r Transaction for cash

nUnder-the-rule

(not included in year's range),

x

Ex-dividend,

I

y

Ex-rights,

{Reported in receivership.
Abbreviations used above—"cod,"

z Ex-liquidating

;

-

.■

.

.-

'/'

62

tive*

59%

"wl," when issued; "w w," with warrants;

"conv," convertible; "M," mortgage; "n-v,"

Over-the-Counter Industrial Stock Average
I

(35 Stocks)

Compiled by National Quotation Bureau, Inc.

10

10

First

Second

Indus¬

Grade

Grade

Util¬

40

trials

Rails

Rails

ities

Bonds

Closed

Total

Date—

•

Range for 1949

Closing

12

181.15

45.89

37.75

64.52

102.99

104.89

83.84

105.70

99.35

Sept.

13

183.29

47.25

37.98

65.47

102.93

104.70

83.99

105.70

99.33

Sept,

14

183.14

47.05

37.95

65.36

102.89

104.61

84.05

105.59

99.29

Sept.

15—

182.16

46.74

37.75

64.99

102.86

104.80

83.80

105.64

99.28

Sept.

16

182.32

47.00

37.90

65.16

102.95

104.79

83.65

105.65

99.26

:y

Closed

High

33.26 Jan 24

Sept. 12

—

;

32.22

Low

27.79 Jun 15

Sept. 13

32.42

Sept. 10

-

> Range for 1948

Sept. 14

—

32.56

Sept. 15—

—

32.52

High

37.83 Jun 10

32.56

Low

32.37 Dec 20

Sept. 16

-

I.
yl.?

certificates of deposit; "cons," consolidated; "cum/^eunmlanon-voting stock; *vtc," voting trust certificate*;
"x w," without warrants. ,
v
*• - -

31%
32

00

t

'

'
;

,

dividend.

being transacted during current week.

ABonds being traded flat.

37

-

I

31%

—

60

10

82

12%

11,1

28

45

Ys.'

13%

28

J-D

63

Sept.




83%

70

—

9

13%

I.

—

2

83

J-D

61

Closed

J

71%
46

70%

U

81

1972

(ser A B C D E)

-Bonds—
Total

>

M-N

—1947
1947
1931

5/2s

60

10

30
Indus¬

—

Interest

A

71%
37% :

„

1921

Is to 2%s

Rio de Janeiro stamped

60

are

10—

(Republic of)

81

*6%

J-D

1951

stamped

Mortgage Bank of Denmark 5s
Parana stamped (Plan A)
Interest reduced to 2/eS

e

58

32%

63

-Stocks-

Sept.

7s

High

—

44% ' 46
*80

M-N

Mortgage Bank of Bogota—
A 7s (Issue of May
1927)
A7s (Issue of Oct 1927)—

Peru

—

M-S

2008

2%s

*60

T-j

—1952

—

(Peru) 6%s stamped_1958
stamped (Plan A)

ALima City

*59

1957

coupon)

593/4
59%

1955

I

I"

J -J

AMedellin

Low

102%

the daily closing averages of representative stocks and bonds
the New York Stock Exchange as compiled by Dow, Jones & Co.

Date—

1952

!:,J;

F-A

102% 103%

Stock and Bond Averages
listed

M-N

JFriday's bid and asked prices; no sales

1955

coup)

(July 1941 coupon).

Below

1955

reduced to

Jan. 1

No.

....

1953

Interest

Range Since

Sold

High

*71%

—

Municipal Loan—

5s

»

—...

j- J

5%s

Maranhao

Bonds

Friday's

*71%

J-D

External

65 a

99%

4

50

*45

A7s series E_

A-O

External

A Russian

m-S

1950

,

Cons

Danzig Port & Waterways—
AExternal 6%s stamped

*30

1963

C——

(Dec

Danish

RR—

Lt

&

Power

series

A6/2S
f

Western

A

International

33

1961

(coupon onl_
Ex-coupon market
ser

54

Mtge Bank—

;

Grand Trunk Western Ry 4s
Green Mountain Power 3%s
Guantanamo

*49

or

Bid & Asked

Bank

AMortgage Bank of Chile 6s

Division—

J

Sale Priee

A20-year 7s

101%

—

4/2s

Lackawanna

Last

Period

(Col) —
April 1940
A20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
1948
Agricultural Mortgage

107%
1043/4

296

953/a

Week's Range

Interest

Exchange

Low

v'92% 104%
102%

107% 107%

95

:

.

89% 101%

'105

„

9

1981

(Bait City)

iy 6611,1

100% 101%

1962

Gas

mtge

97/2

BONDS

New York Curb

—

3s ser P

2%s conv debs
Consolidated

1083/4

100% 103%

,9

1033/4 104

J-D

Lt

160 %

if *106% 107 *

„

J- J

1st ref mtge 23/4s ser Q
1st ref 23/4s series R

96 /a

101%

MS

3s

1st ref mtge

106

103% 103%

97%

Debenture

Consol Gas El

108 Z2

105% 106%

.5

*162% 170

103%

Friday

High

105%

3

Corp—

debentures

Cities Service

1083/a

*106% 108

Q-F

—1970

States .Electric

Jan. 1

Low

No.

105% 106

City Electric 3/48
Telephone of Canada—

Range Since

Sold

High

36

COMMERCIAL

THE

(1112)

&

OTHER STOCK

EXCHANGES

'

RANGE

WEEK ENDED

FOR

Monday, September 19, 1949

CHRONICLE

FINANCIAL

SEPTEMBER

10

Exchange
for Week

Sale Frioe

of Price#

Shares

Hein
:

Jiangs Since January 1

Hiol.

/

low

Par

X40%

46%

258

34% Mar

46%

39%

39 Vb

39%

129

32% Mar

100
*

143

American Woolen

Anaconda Copper

60

27%

100

117%

100
—15

109

109

43%

42%

43%

100

13

12%

13

Agricultural Chemical
Sugar

& Tel

American Tel

pfd

Bigelow-Sanford Carpet 6%
Albany RR

Boston A

Boston Edison

.

.

t'fyo,

Sep

Jun

150%
38%

Feb

Jun

35

Jan

Mar

120

Jan

24%

26%

26%

27%

335

117% 117%

15

110

462

100

Apr

3,072

40

July

910

12

Aug

19%

110

25 V*

Indiana

Boston Elevated Railway—

Stamped

Salle

La

1%

100
preferred
100
1st pfd stamped
100
D 1st pfd unstamped—100

stamped

Common

7%

Railroad—

Maine

&

Boston

prior

4%

10%

class

17

•

Trust

Boston Personal Prop

7%

200

Aug

49

1

3'%

Jun

5%

Feb

55 Vb

8%

Jun

12%

Jan

65 V2

July

69%

Sep

10%

10%

69%

69%

25

6%

5%

Electric

General

Kennecott

Narragansett
New

New

Electric System
England Tel & Tel
Mills

Pennsylvania RR

Stone

Northwest

Car

Bancorp

Jun

33%

Jan

395

40

Jun

56%

Jan

13%

Jan

15

Aug

Penn

42%

Sep

9%'

10%

10%
87%

84

87%

15

25

Oak

Manufacturing

Parker

Co

Pen

Jun

11% May

Jun

15%

Jan

Pressed

Jan

10%

Sep

St

Sep

Sangamo

79

31%

50
—25

31%

100

14%

574

14

4

1

4%

-2.50

35

4

1

4

Sep

31%

14%

14%

50

5%

211

,

31%
17%

Jan

7

3% Aug

Steel

14%

15

293

13 Vb

Jun

15%

975

12%

Feb

18%

17%

50

11?

Jan

35%

55

29% Jun

5

28%

26

29%

274

•

50%

49%
47%

35%

32%

51%
48%
35%
14%
25%

3,179

48%.

Fruit

Shoe Machinery
Co*
*

Co

10

Waldorf

System Inc
Westinghouse Electric

13%

*
12.50

>

Corp

17%

*

24%

24%

Abbott

Co

Admiral

Allied

Armour & Co

High

,;>r

18% July

45% Sep
20% Aug
15

American

18%

19%

■

■

•

-19

19

,

100

17 Va May

20

Aug

5

capital

6%

2,400

2

3

Bastian-Biessing Co common

Corp

Belden Mfg
Bendix

Co

common-..**.

Aviation

5

Berghoff Brewing -Corp
Binks Mfg Co capital
Bliss & Laughlin Inc common
(George

Corp

W)

Borg-Warner Corp
(E

Brach &

Sons

(E L) common

capital

Corp

Sep

Bethlehem Steel

Jun

2%

Jan

Canadian

Jun

7%

Jan

250

1%

1,200

5

*

Jan

;

111

Central

&

W

Jan

Continental

250

II

Jun

15%

Feb

27

Jun

150
100

11

11

200

10%

103/4

200

49%

12

16%

16%

150

7%

7%

100

3%

1,150

1%

P/4

Convertible preferred
Chicago Milw St. Paul & Pac vtc
Chicago R I & Pac Ry common

*

64

64

64

85

2%

(new)
•

53

(The)

Co

Inc

A

Mills

of

General

General

class A

103/4

Jun

25%

Jun

30%

4,600

20%

Jun

24 Va May

24%

253/e

400

20%

Jun

26

133/4

200

10%

Jun

13% Sep

10%

10 3/4

1,350

10%

Jun

10% May

2%

Feb

50

9

Pictures

61

24

Apr

113/8 May

(The)

Oil Co

Corp

of

Republic Steel

Corp

Jan

7%

26%

Jun

31% Aug

Schenley Distillers Corp_.

Jan

90

Socony Vacuum Oil Co Inc

66%
III

Jan

Aug

116% Aug
'57% Jan

45% Jun
39%

100

5%

28%

3,000

2%

Jan

15% Aug
25

-

Jan

28%
28%

2,600

Jun

11% Apr

73/4

5%

**73/4 ~73/4

*

32%

Rexall Drug Inc

3%

Standard

10%

150

6 3/4

Jun

11%

6%

50

5%

Jun

63/8

8%

8%

*

30

29%

30

8%

&

Jun

Jun

Jan

95

11%

12%

12

Dk

•

143/4

Dr

Hall Printing Co

&

common

Hammond Instrument Co

Harnischfeger Corp
Brew

For footnotes

5

com
common—

6

10 y2

10%

3%

Co

new

see pace




1

cap

44.

1

183/4

10%

200

Jan

3Va

Jan

7% Aug

Jun

15%

Jan

300

9%

Jun

13%

Jan

500

4

8%

9

20 3/4

21

3%

Jun

4%i

Jan

83/4

8 3/4

/

.

21 f

12

5

Jun

32.:,

Jun

14%

Jan

7%

Jun

9%

Apr

Jun

27 Vb

Jan

4 % Aug

1,500

5%

293/4

1,200

Apr

53/4

Apr

Jan

14%

Apr
Jun

30

3,000

17 Vb

Jan

60 V*

Jun

73%

Jan

25%

100

293/4

16%

Apr

Apr

17 Vb

3,100
.

20

10%

21% Aug

9%

25

700

12

Jun

8% Jan

200

313/4

11%

19%

400

83/4

31

8% Jun

500

21

313/4

17

693/4

713/4

700

15%

15%

100

12

Jun

16% Aug

700

24./ Aug
11% Sep

8%

STOCKS—

22%

23%

16%

Feb

11%

10%

11%

2,200

9%

Jun

.4'/a

4%

4%

2,400

2% Jan

4%

Sep

Jan

11%

Jan

11

/

Industries

Jan

Aluminum

Jun
Jun

93/4

S,ep
J§h

American

6

24%

Jun

32%

Jan

Champion Paper & Fibre

13%

50

83/4

Jan

133/4

393/4

100

37%

Jun

550

14%

18

550

10% July
14% Jun

Gas

&

Electric common_8%

Range 8ince January

/

:// LOW /';/

High

5%

25

•32%

•

104

5 3/s

18%

139

18 y4

16

23%

1

5%

18%

18%

_*

*

Shares

16

_*

—20

Sales
for Week

of Prices

25

29%

Jun

Sep

.

1

High
6% Mar

25%

Feb

12

Jan

16

Sep

165

18%

Jun

25

Aug

778

26Vb

Apr

32%

60

::

32%

Sep

42% Mar

12

.

Mach

Laundry

Burger Brewing

Exchange

Week's
Range
Low

Par

52

64

Last

Sale Price

3,600

14%

100

11

11%

300

21

11

.

12

Jan

12

14%

10

common

4% July

14

Friday

4%

Sep

17

Jan

18

Sep

C

N

21%

250

18%

19%

2,300

12%

Apr

8% Mar
19

Jan

15%

Feb

14%

Sep

preferred
O

& T P

Cincinnati

Cine

(WF)

1% May

Cincinnati Stock

Jan

393/4

•

H)

400

2,300

13%

f

14% Aug

1%

*

common

Jan

13%
•

common

(W

'vl'f

1
1

Corp common—i

Co

Cincinnati
common

Gossard

'l''

Jan

73%

Bunray

1,000
400

/

25

Aug

600

common

■

Jan

1%

900

~~

Sep

6%

7%

-

7y8

39%

Mayj

37%

15

Steel Spring

Aug

10%

64

;,•••'*•

34% Jun

373/8

.13/4

Standard Oil of N J

Sep

1

46

Jan

9% Apr

7% Jan

100

Sep

8%

Jim

Jan

Jun

1%

7

10

Sep

Jun

-

4

63

Jan

11%

Wilson

500

7

Jan

11%

Jan

3%

63

Jan

33%
133/a

Oil Corp
1
United Corp r..-.-**., .w,.;,,..,,,,//♦

32%

1

103%

14

Sep

3%

10

May

23% Jun
Jun

Jan

100

common

Jan

Jun

6

4%

Corp

Jan

9%

55

32%

10

/

26%

10 y2

Feb

4%

common

35

Jun

200

July

4

3%

8

Jan

Jun

19%

Apr

32%

;v

14%

1,300

•
1
—•
2%

common

65%

10

common

1,100

—•

common

Jun

1

40*

10% July

Jun.

14Va

-1

common—

America

Jun

9% Jun

...

29

10

86

2%

Radio-Keith-Orpheum

100

Corp

100

273/4

28%

33%

Radio

10%

Brewing

24

1,100

25 V*
—

3%

4%

18

2,900

Sep
Jan

3% Aug,

.

7% Jun

700

10%

Co

Pure

Jan

10%

Auto

9%

13%

-4

common

12%

Feb

28%

.

400

l'!...

9 Va

13 VB

'

-8

Airways Corp

American

1%

Jun

16%

67

3

23/4

3

9%
--

37%

4% Mar

67

Safety Razor

(G)

10%

27%

Goodyear Tire & Rubber Co

Hellmao

200

6

14% Mar

100

800

24%

-

Paramount

67

Motors

Lakes

1,200

Feb

% Mar

18

6

Jan

13%

Car—

Motor

Pan

*

Gibson Refrigerator Co common

Co

Packard

Peb

5

Finance

Goldblatt Bros

55

Sep

Jun

413/4

10%

Central RR capital-

New York

Jan

(The)

Preferred

Gillette

533/e

46

34

1,000

Jun

13 3/s

-5

9%

America Inc

Four-Wheel Drive
(Peter)

513/4

20

2

.5

common

Corp

Credit Corp

Eddy Paper Corp

53

4

10

Corp

100

85

27% Aug

May

133/a

Nash-Kelvlnator Corp

173/4

Jun

28%

Dodge

Mfg

31%

83

42 V*

30%

„1

Studenaker

*

28

Domestic

300

54%

10

Commonwealth Edison common

Doehler-Jarvis

6%

1133/4 1133/4

20

240

Jan

25

Co

•

i

common

Club Aluminum Products Co com
Coleman

50

6%

:31%

•
*

6%

300

1,800

preferred

Jan

14%

Motors
Laclede Gas Light

Pepsi-Cola

2%

10 3/4

Chicago Towel Co commoiL.

Sep

13%

133/s

Jan

10%

'«'•

Jan

63/4 July
13% Jun

10%

'.

53%

100

1

Co

Public Utility Corp.

8

6%

100

46

1

Graham-Paige

1

Chicago Corp common

vV*

General

Sep

Jan

1,800

Service

Jan

103/4

July

12%

••

14

) Mar

12

Chrysler Corp

Jun
Feb

^pr

22%

Convertible

9%
9

50

*
*

61

•;

Electric

22

common

253%

40%

11 Vb

Feb

83/4 July

100

11%

Farnsworth Tele & Radio—_—

43

5

8

49%

600
-

Jun

9

500

10%

23%

—

General

Jun

3%

30%
61

12%

-

Jan

14%

1

1,000

Jan

III

Motors

Jan

40

X

Jan

32 J/4

30%
23 %

—

la/4

100

common

11%

Jun

39%

*

13%

200

com

Jun

-25

..

Jun

17%
8

6%
27%

1

Co

Jun

200

10

Corp

4%
10

50

50

Sep

450

343/4 Mar

11

49%

May

8 3/4

443/4

—1
•
50
.-10

Cur tlss-Wright

700

5%

7%

7%

25%

25%

*
*

Certain-teed Products

36%

12 %

Biscuit
Secur

63/4
11

Sep
Jan

14%

11%

.—•

common new

Pacific Ry

Jun

17

common

Carr-Consol
Central

30

10

Feb

Santa Fg-i——100

Atchison Topeka*&

25%

50

Ring common

Bros

12%

Mar

Jun

7

Jun

10%

1

Ino
& St San com

Copper Mining capital

Anaconda

Jan

53/4

29%

Jan

1% Aug

7%

.2%

Burton-Dixie Corp

Butler

'5%

5

common.

J)

29%

10

Bruce Co

Piston

**.1
1
2'%

.

21%

5

29%

12%

..—**,

American Radiator

5%

2%

113/4

*J* 10

..

Jan

13 % July

9%

593/4

——•

common

Sep

6%

36%

7%

7

Co com
(new)

Jan

24%

600

8%

Carbon capital-

Lines

Air

Apr

2

100

28%

Jun

300

7%

2
•

Elec & Mfg com

Jun

3%

33..;.

Apr

Aug

4%

400

83/4

25
L
25

common

&

1

200

200

x33

♦

13% Jan

43%

5

5

5

l'/a

4%

5%

3

common

6%

1%

4%

1%

4

Sep

Jun

83/4

Stocks—

Alleghany

13

—

41%

11% Xl2%

5
1

stock

Bankshares

Unlisted

37% Jun

20% May

Jan

Jun

34

■
'

Sep

Sep

29%

43%

433/a

25

common

Corp common
Tool common

common

Westlngnouse

110

common

Corp

Light & Rys

Wisconsin

Jan

22% Aug

400

Wieboldt Stores Inc common

Bangs Sines January 1

Mar

8

35

8%

16%

*
United Air Lines Inc—tu-i—*****—10

Sales

10

Jun

8%

—

U 8 Steel

May

5

100

2

—

Columbia Gas System Inc

Great

26%

9

20

X26%

Jan

173/4 Jan

30 % July

100

1,300

Carbide

300,

AVCO Mfg Corp—

Fox

53/4
34%

16%

(The)

200

Automatic Washer

Flour

100

53/4

Jan

13%

Jun

153/4

Trane

15

Athey Products Corp

Cities

10

10

34%

Jan
Jan

8

14% Jun

19

Sep

United

9

100

800

22

Jan

20%

Asbestos Mfg Co common^******.***l

Burd

11

14%

600

capital

Armco Steel

Borg

11

14%

Jan
Jan

19%

Aug

950

(The)

Co

16

Mar

25 % Mar

53/4 Aug

,

200

3,200

Mach

Corp

1,300

5%

of Ind capital

Co

Co

45

common*

233A

6 Vb
16 *

25

26%

Feb

Jun

20

50

22

6%
16

24%

20% May

15%

9%

'5%

699

3,200

Jun

24

Thor

&

19%

18%

63/4

233/4

Container

14%

Corp
Laboratories

150

8%

23%

common

—;

14%

Aug

22%

*
•

Corp

Corp

Jun

-

31

550

Aug
Feb

700

Sundstrand

44%

.

(J D)

24

10%

Jan

10

(new)—5

common

common

new

Mfg Co

300

10

Prod

Oil

common.—*
common
1

Laboratories

Steel

Adams

Jan

25

•

10%

12%

/

Jan

20%

1

190

'/yi?

313/4

1,500

Texas

,/V, LOW

Jun

17% July

*

Swift Intl Co Ltd ctfs of dep__.

High

25

100

41%

Stewart-Warner

for Week

low

Par

1,200

20%

41%

Swift

Shares

27%

413/4

Jan

Range

27

.—•

Co

Jan

of Prices

Last

Sals Pries

25% Sep
59

class B common

Corp

Standard OH

Sep

Chicago Stock Exchange
STOCKS—

Apr
Jun

•

common—l—

Spiegel Inc common

Union

Week's

21%
47%

1

capital

Sep

900

50

208 South La Salle St Corp.

Friday

Jan

2%

300

22

6'/8
16

Co common.—2%

54% Mar

Jun

Jan

14 Vb

Aug

541/8

10

43'/a

44%

11

11

25%

73/4

8%

.1
25

—

52%

380

Mar

23% *25

25

5

42% May
31% Aug

225

Jan

12

25

5

—

Jan

24

53/4 July

1,800

3,350

"

20

common—

&

Aug

35%

23%

Apr

9% July
1% Jun

capital

Roebuck

Stone

common—25

Rubber

213/4 Aug

150

7

Sep

64% Apr

193/8

1,400

2%

Sep

20%

/v

Sep

1
•

18%
17%
35%

United

10%

Feb

8

17%

25%

20%

25

Stockyds

Elec Co

Shellmar

Jan

17%

United

'200

23%
23%

39%

Jun

July

39

Feb

52%

*

Sinclair

Sep

350

2%

—

Society Brand Clothes common
1
South Bend Lathe Works capital—.—5

26

6 3/4

xl4% July

100

48

7 % Mar
13

July
35% July

1,200

Feb

88

Jun

10

17

8

17%

10

"2%

10

class A

Car

Nat

Louis

Serrick

Feb

17%

Drill

37%

6%

350

Jan

15

Twist

250

12%

Apr

•

Union

12

X6J/8

1%

36

July

23%

Jan

15%- Feb

Jun

85

xl2%

5%

—*

17%

10

30

200

6%

Jun

Association

—

1,550

23%
-

_

Sep

Jun

43/4

Feb

7

Xl2%

4% Aug

76c

6%

85

-10

common—

(The)

Perfect Circle

Sears

*

23

'

17%

Sep

87%

Apr

143/4

*

600 ;

—1

common..——

Elec Switch

Aug

8%

100

"7%

8

17%

„_5

prior preferred

8

3,552
930

59

5%

46

10%

73/4

13

■/

mm mm

vtc—

Pennsylvania RR capital

210

Jan

7%

50

Jan

'

37%

Peabody Coal Co common

8%

s>ep

73/4

1

common

23%

14

28%

1

common

226

53%

2^3/4

Jun

—7

Inc———.—

Ind

American

North

31

13%

233/4 July
2% Jun

7

Co

293/a

13%

800

.

3%

28%

3

85

common.—

20

——10

Torrington Co

Acme

Standard

Noblitt-Sparks

May

&

Ward

Montgomery

Sep

42%

273/4

%

X27%

28%

.

Jan

8%

27

27%

r

——.

67 Vb

53%

Jan

*

common

40 Vb

41%

Jan

18 %

13

—--

Jun

8%

Stop & Shop Inc

8

Mfg

353/4 Mar

34% July

30%

Jun

45

prior preferred

Jan

8

Feb

13

_5

Hart Inc common

Miller &

33%

150

24

250

'

Jan
Jan

2%

"

53%

14%

100

16

common—

374

47%

28%

15%

5
Co

&

1,420

14%

28 3/a

«

Co.

Field

67%

45

Sep

28 %

11%

38%

14%

13

53
17

"

Jan

& Webster Inc

Bhawmut

U

23

Jun

common

363/4

53%

Rexall Drug Co

39

Jun

29

7%

Ilioo

common

663/8

42

—

>'•

350

t-

common...

37%

46%

—

Quincy Mining Co
Reece Folding Machine

.

284

12%

Jan

88

193/8 Aug

187

35

1
———5'
20
100

England

Pacific

21

—*

Nash-Kelvinator

,

11%

—1
—

66%

—*

Linotype
Racing Assn

Mergenthaler

20%
333/4

20%

•

Theatre—

Chemical Corp

Mathieson

25

—25

Copper

Boston

Loew's

Co

Razor

Safety

Gillette

Aug
Aug

75

.

Mickelberry's Food Prod
Middle west Corp capital—

National

*
*
*
*

Employers Group Assoc
First National Stores.

29

-

30

115

;

si

29

*

SS Lines Inc—

Eastern

81

100
100

Co

&

Marshall

$1

:.// /./'

preferred B_———
preferred adjustment—.

Univ

Ext

Modine

Eastern Mass Street Ry—

113/4

—♦

common

Line Material

Sep

10

Jun

Lindsay Lt & Chem common

Jan

38%

1%

12% July

'"

Apr

879

4

55 Vb

100

1

.

Llbby

Jan

17

143/a July

.

140

1%

*
*

preferred
McNeill & Llbfcy commonLincoln Printing Co common

Mar

4

12%

1%

Cumulative

Jan

6

100

prior preferred—

4y2%

Jan

43

3% July

10

/?

Leath

Associates—

Fuel

&

Gas

Eastern

23/a

Jun

29% July

—*

Co———

Range

Copper

523/4

54

10

Service

Cities

17

3%

5

Calumet & Hecla—

5

'

42
100

,

4%

5

13/b

8

1%
35%

35

class A

5%

Drug Co

Kellogg
Switchboard
5% preferred

Jan

Aug

12%

—

■

Katz

3o•/;

High

9% Jan

Apr

10

common

Harvester

International

6

43

100

capital

Prod

Steel

Low

650

7%
43 V / •'/

1

Indep Pneum Tool common
Indianapolis Pow & Lt Co com

Jan

120

Co

Range Since January 1

High

43

X43

*

*

—

Illinois Central RR common

43% Mar

307

common

Brick

Illinois

Jan

22% Jun

138

3,436

Xl42% 145%

25%

Bartlett common

Inc

Hupp Corp common

40% Aug

*
Refining——-100

American
American

High

LOW

High

}■

-*1

Shares

7%

7%

3
25

Corp

Spencer

Horder's

'

i',

Werner

for Week

Low

Par

Range

Last

STOCKS—

Sale Price

Sale*

Week's

Friday

Range
of Prices

Last

STOCKS—

Sales

Week's

Friday

Boston Stock

&

:

common

Bell

Tel

Cincinnati Union Stock Yard

113/8 May

Eagle^-PIcher

—*

May

20% Aug

Formica

Insulation

4%
75

80

10
•

26

103

4%
75
12
3

Crosley Motors

22

50

103
80

103

20
25

Street

Sub

.100

19%
32

:

100

Jan

20

76

Jun

104% Sep;
90%

Feb

43/a

588

4

Jun

7%

Jan

75%

226

63

Jun

76%

Jan

11% Mar

12%

Jan

7%

Jan

12

50

3

20

19%
34

30

135

3
,

Sep

15%

Jnn

19% Mar

23

Jan

34

"

Sep

Volume

Number 4839

170

COMMERCIAL

THE

&

FINANCIAL

CHRONICLE

(1113)

OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDED

Friday
STOCKS—

Week's

Last

Par

Gibson

Art

"51/3

Lunkenheimer

Co

1

Procter

&

Randall
U

S

Gamble

class

40

5%

9%

54

Sep

Detroit

&

10%

Jan

Detroit

Edison

21

Mar

Sep

15 %

July

67%

70

718

57%

Feb

70

11

12%

920

7%

Jan

12%

Sep
Sep

33

33

1

July

39

Jan

49

48%

49

200

Jan

49

50

Onlisted

28

40%

Friars

Rolling

American Tel

Mill

Cities

54

♦

Ale

Gas

•

Southern

&

Power

Jan

136

28"%

35

25% Jun

11%

482

54%

11

11%

5%
29%

30%

30%

12

Jan

140

24% Mar

37%

37%

177

34%

Jun

39%

63 7/e

206

50%

July

63%

*

33

33

6

30%

*

31

31

50

*

4

4

25

50

Radio

Corp
Socony Vacuum

Standard

Oil

Oil

Timken
U

R

(N

16%

16%

17
21

31%

4% Jun

9%

Jan

18%

200

15% Jun

2%

2%

400

3% July

Jun

14%
17%

*"

14

71%

205

60%

Jun

78

3

26%

240

20%

25%

28

Friday

Jan

9% Aug

Sep

5

Apr

•9%

Jun

12

Mar

Alleghany

(Un)
Eody

Corp
Tel

American

Tel

&

(Un)

Screw

Products

Mfg

Clark

Controller

Cleveland

$4.50

Iron

preferred

———

Electric Illumin

Cleveland

July

16%

4

Feb

Apr

1%

1%

430

1%

1%

Jan

3%

3%

4

600

2% Mar

4

7

7

7

300

6

May

7

Sep
Sep

1%

1%

95c

Feb

2.00 Mar

21%

Jun

22% Jan

21%

100

3%

3%

500

3% July

3% July

2%

2%

100

2

2%

*

».

3%

4

310

3%

Jun

1%

3%

1%

Graphite Bronze (Un)
System (Un)

Columbia

138

Jun

160%

100

25

Jan

29%

al5% al5%

48

14%

Jun

17

Consolidated

Natural

Chemical

Dow

10 V» July

16

1%

2%

duPont

(Un)

(E I)

69%

70%

12 %

70%

653

63%

90

Jun

36% Mar

180

a41% a42

76

11%

Co

Electric

General

Motors

Glidden

Co

Goodyear
Great

Lakes

Greif

Bros

Halle

Cooperage class A

Bros

Industrial
Interlake

2

100

1%

Jun

3% Jan

24

416

18%

Jan

31% Aug

&

(H. W.)

10

a53% a53%

35

43%

Jun

53%

88

21

N

Y

Ohio

62%

64

21%

930

10

Jun

14%

22

15

12

200

Feb

9% Mar

Jun

8%

Aug

9% Sep

2%

Jun

2%

Jan

5

14%

143/4

18%

Jan

1

9%

Axle

Radiator

Aircraft

common

133/4

100

93/4

1,37=)

6%

Jun

4

4

1,100

3%

1

common

9%

1

common

Corp

75c

80c

72c

Sep
July

1

May

1

100

a47

36

Jun

46
47

31% July

35

Jan

14

Avco

July

33

Jan

*

40

40%

313

32%

Jun

40%

Sep

3%

100

3%

Apr

4%

Jan

al0% al0%

25

9%

Jun

13%

Jan

125

23%

Jun

33%

Jan

32%

110

30

Sep

36%

Jan

14%

22

14%

Jun

17% .Jan

all% all%

37

9%

Jun

14%

Jan

a30% a31
30
a

14%

a

160

41

41%

17

Jun

27%

138

a21

a20

37

Jun

a41% a41%

10

33%

Jan

21

14%

Jun

17%

Standard Oil Co of N J (Un)

25

70%

70%

537

Standard Oil of Ohio common

10

26

26

464

Carbide

S

Steel
Dorn

&

Iron

Carbon

(Un)

White

San

St

&

(Un)„*

(Un)

Co

al3%

Youngstown Sheet & Tube

.

Jun

(Un)

Aviation

Bendix

(Un)

(Un)

Appliances Inc
Corp (Un)
Black Mammoth Cons Mng Co
Blue

Jun

26%

125

\33% Jun

23%

877

20% Jun

6%

7%

521

al3% al37/a

10

a65% a67 %

27

6

Jun

12%

53%

Jun
Jun

Budd

42

Jail

(Un)

Corp

74

Jan

'

w-jv

.

Corp

com

1

"

Columbia

V

Lerchen & CO.

WATLING,

Gas

System Inc (Un)

Commercial Solvents Corp (Un)
Commonwealth Edison Co (Un)

""

Commonwealth

Sou

&

27%

810

25%

Jun

35% Jan

226

20%

Jun

27% Jan

(AA

.

■

New York Stock

Detroit

New York Curb

Exchange

Stock Exchange

Chicago

Efxchange

39

a5%

156

5

Jun

9%

100

8%

Jun

Ford

Telephone: WOodward 2-5525

850

1,410

15

.Sep

21

Jan

25c

25c

4,900

25c

Jun

75c

Jan

50%

50%

345

40

Jun

51% .Sep
34% Mar

a29% a29%

V

A,,:.

..

23%

IV2C

1%C

7,000

7

814

a20

a20

50

5%

1,260

5%

5%

a44% a44%

i49%

a49%

a

7%

7%
10

,

mi

133%

585

28

Jun

13%

79

10

May

52%

53%

555

44% Jun

53%

278

38%

3%

33/a

1,354

al6% al6%

Detroit Slock
Friday

SHOCKS—

10%

10%

6

53A

6

Bale Price
:

a

a.

Par

—-

Baldwin

Rubber

—

Brown-McLaren

Mfg common

-1
«

Burroughs Adding Machine com—

—25

Chrysler Corp
Consolidated

Consumers
$4.50

Paper

Power

common—.

common

*

preferred

Continental
Davidson

Motors

Bros

10

•

wd
-




9

8%

44.

Shares

Range Sines January l

10%
9

Farmers and

LOW

High

Jun

530

7%

825

7% Mar
75C

High

——A

'•

1%

Garrett

—

31%
110%

100

14%

200

13%

Jun

16

Jan

52%

158

46

Jun

57

Jan

19

19%

200

17

Jun

20%

Jan

30%

30%

952

30

Aug

31% Sep

110% 110%

6%

6%

17%

6%

GJ/e
7%

104

Apr

110%

Sep

339

5%

Jun

8

Jan

2,175

5%

Jun

7%

Sep

10

Jan

17%

Apr
Apr

25%

Jan

28%

Sep

Jan

5%

Sep

665

^I

95c

July

21% Mar

952

6%

Jan

625
251

7% May
8% Jun

458

5%

Jun

Sep

12% Apr
8% gan

55%

185

Feb

11%

Sep

565

22

Jun

27

Jan

6%

325

5

Feb

7

Jan

7%

Jan

54% Mar
8%

73/4

400

a20 a20%

180

25

18

18%

408

5
—4

15%

153/8

300

13%

13 %

1

38c

38c

305

305

25

U

380

7%

100

7

Aug

al2% al27/8

95

10

Feb

34%

Jun

—

7%

1

—2

1.80 Apr

26%

14% May
17% May

7%

Merchants Nat'l Bank-100

Corporation

1,100
.

3

—

Jan

9% Feb
Feb

20% Aug

23

50%

Feb

59% July

17% Aug

21% Jan

Feb

15% Sep

2«0<

12% July

13% Jan

350

31c

65c

11

Aug
Jun

300

% July

310

Jan

Jan

7%

Jan

8

Jan

13% Aug

Jan

90c

52%

1

5%
11%

Jun

485

'

52%

Apr
Jun

3%

27

Liquidating Corp

R.

Fitzsimmons Stores Ltd A——

Sep

90c

July

A.

Sep

11%

•

F.

11% Aug
9

Ltd A_

13%

56% Jan
53% Sep

10

a58% a68%

a20

—

Products Corp

Oil Company

34% Sep

27

27

Electrical

Jan

10% Aug

11%

11%

Exeter

10

32% May
14% Jan

6%

1

Electric Bond & Share Co (Un)

Sales
for Week

14%

'

_1

common

common

For footnotes see page

10%

1

-

of Prices

Low

2

American Metal Prod

Range

Aug

a63% a64%

(Un)_5

-*
50c

Jan

44

53% Jan

13%

410

1

10
<

50

25,661

Douglas Aircraft Co Inc
Dresser
Industries Inc

Exchange
Week's

Last

•

5%

8 3/8

Feb

Sep

25% Mar

60

all% all3/i

28%

(Del)

6% July
7% Jun

380

5%

(Un)

Feb

14%

8%

Company

5% July
38% Feb
46%

...

Jan

7

Jun

34'/a

1.30

Zellerbach -Corp

18%

53%

«...

3c

Jun

33%

27%

(Un)

5

33%

Jun

12%

I

14%

Corp

Apr

32% May
10% Jun

5%

1

7

13%

„

—

5
Curtis Publishing Company (Un)
*
Curtiss-Wright Corp common (Un)—•
Class A
1

VV':

"V5

a34% a343/4

28 %

Creameries of America Inc

.

12

225

50

9%

«...

10% Sep
Jan

l%c May

67/e

--

4% Apr

Jun

285

1,105

26%

Y

27%

10%
277/a

26

N

Jun

10%

25

•

A'A/ f. ...A/

.,v.

75

7%

2.50 Apr

27%

1.15

Oil

Apr
10% Jan

2,500

13%

Crown

Jan

12

33/4

14

Continental

DETROIT

Building

7%

Jan

9%

26%

Motors

Jan

'95 % Mar

Feb

(Un)—•

Corp

Gould & Sav Mng

Continental

7%

Jun

(Un)—*

Consolidated

Stofiffc' Exchange

Jun

5

Jan

33%

Edison of

Consolidated

37%

Jun

82%

Engineering Corp
1
Liquidating Corp
*
Vultee Aircraft (Un)__-1

Chollar

23

75

Consolidated

-n

235

a6%

Consolidated

Cons

■

Members
0

15

40

9

25
10
1
»
*

(Un)

Clary Multiplier Corp

'

'

a24%

17%

5
•
•
•
25
10

Chrysler Corp

■

Feb

Jan

33/4

Products Corp—,—»—1

Cities Service Co

54

150

16%

16% Mar
Certain-teed

"9

1
15

;

(Un)

Packing

Jun

33/4

5

Ry Co (Un)„
Caterpillar Tractor Co (Un)

Jan

14% Jan

Jun
Jun

17%

10c

Canadian Pacific

24% May
9

Co

California

10%
42

138%

9%

28%

Corp (Un)
Broadway Dept Store

Jan

43

a5%

—

*

(Un)

Co

125

893

a92 a92%

2

Company

Chica Oil

Bolsa

Borden

Sep
10% July
12% Aug

Jan

a38% a38%

50%

Corp

Eoeing Airplane

30%

Jan

8%

a6 %

'

mmmm

5
5
33 %c

Steel

Diamond

7

a23 a243%

1

Consolidated

Corp

Jun

470

400

1

Home

Bethlehem

27 %

9'A

11%

3% Apr

10

common

Barnsdall Oil Company
Bendix

38%

High

Jun

27%

13

Co

Corp

2%

895

a24 %

——

Railroad Co (Un)_100

& Ohio

Petroleum
Bros

310

143% 143%

27%

10

Locomotive Works

LOW

3%

a46% a48%

—

(111)

Company

Barnhart-Morrow

74% Jan

20

23%

7%

1
*

Motor—

Jan

1% Apr
1% Jan

Range Slnee January 1

High

al3% al3%

—

a

Refining Company

Bandini

Jan

60%
„

a39% a40%

9

Works

6%

Sales

Shares

9%

*

(Un)__30

Co

Borg-Warner

•
•

(Un)

Van

10% Mar

for Week

11%

—

(Un)
5
(Un)__100
(Un)
25
Manufacturing Corp (Un)
3

Barker

42% Aug

al6% al6%

(Un)

Jun

29%

9%

*

(Un)

Copper Mining
Corf) (Un)

Baltimore

43% Mar

*

U

1

Light

Jan

3%

—15

Union

Woolen

&

Baldwin

May

26

(Un)

Inc

&

—

Atchison Topeka & Santa Fe

Apr

11%

100

Co

14

3%

3%

Steel

Armour

Sep

(Un)

&

l,60o

«f Prices
Lots

10
•

Radiator

Anaconda

Jan

33% Mar

110

Socony-Vacuum Oil Co

300

1%

Week's
Range

Last

Smelting & Ref Co (Un)—*
Tel Co (Un)
100

Atlantic

285

•

Sears Roebuck

Sep

Angeles Sleek Exchange

(Un)

Mfg Co

Airlines
Power

American

23% Aug
Jan

13%

;

16%

11%

Armco

13

284

39%

39%

If 13%

33%

Bros

2,590
100

American Tel &

Jan

32%

Republic Steel (Un)

16%

Jan

Jan

450

American

Jan

13%

Pennsylvania RR (Un)Radio Corp of America (Un)

12%

9%

American

Jan

45%

11%

a45

*
50
*
•

Jun

23/8

American

Sep

Jun

Jun

51%

32%

Corp

Richman

Jun

17%

22

50

lO Va

9%

American

Apr

34

12

1
*

357

2%

Allis-Chalmers

Jan

70
.

11%

11 %

7%
40

33

(Un)

Packer

a40.

Jun

55

336

64

a20% a20%.
a40

Jun

34

32%

Oil

Co

37%

36%

4%

34

281

33%

RR (Un)

11%

9'A

Alaska Juneau Gold Mining Co

Jan

511

Central

1% May

6%

2%

Par

Jan

*

National Tile & Mfg

Jun

16%

Bale Priee

Feb

14%

23%

Aug

9%

1

82

4%

4%
37%

94

Jun

17% July

77

50

21

Cement

Portland

Medusa

89

al0% al0%

B

class

G)

(A

4

1%

1
1

STOCKS—

Sep

1

2% July
5% Aug

100

1

Manufacturing
Manufacturing Co

Los

Jan

50

pfd
Rayon
(Un)
Steamship

200
210

1%

15%

1%

2%

11%

1

5%

1%

5

—

Feb

2%
5%

2

Co

Manufacturing

46% Mar
50%

Kelley Island Lime & Trans
McKee

41

Apr

*
*
*
100
*

Jan

3

29% July
Jan

26%

2

Apr

Jun

10

Rubber—,

Stores
Towing com

Drug

Gray

(Un).
com (Un)

&

12

43

.10

Jun

24

26% Aug

Jun

38%

„1

(Un)

Tire

Jun

9%

100

1

(Un).

General

20%

1,024

11%

41

*

Gabriel

40

a25% a25%

*

(Un)

Rubber

Faultless

Jan

24 %

1

common

Jan

115

Railroad

Erie

Sep

24%

100

*

Brewing

Jan

42%

a48 % a49 %

Electric Controller

1%

185

25%

Jan

20

„

Jan

4% Jan

Jan

15

*

100

29

25%

*

Jan

12%

•
15

(Un)

Gas

—•

July

Mar

12%

1

Gas

17%

29

1

aommon—

common

Friday
Cleveland

2,100

2

common—1

Wayne Screw Products comm

Jan

168

28%

__

1% Apr

*

Welding
Stamping

Davis

Udylite

28%

al42% al45%

__

100

2% Feb

Feb

1

—

Electric

United States

3% May

12

common—•

Jun

1%

10

Chemical

Warner

2%

I

1

common

2

100

Timken-Detroit

High

Low

190

__

Sep

150

1%

River Raisin Paper common

Range Slnee January 1

High
13

1

Cliffs

Shares

a2%

__

3%

2%

1%

1

—

Products common

Rickel

for Week

13

*

3%

2%

1

common

common

3%

1
1

common

common

Superior Tool & Die common

a2%

—100

210

13% July
8% Jan

9% Mar

Soss

1

Products Corp

City

100
669

Peninsular Metal Prod-

Jan

26%

5

American Coach &

11%
12%

63% Sep
5% Jan

Jun

1

Products

Drug

11%
12

12%

Car

Motor

3

Sales

Range
Low

Jan

4%

5
*

100

Sheller

Week's

Par

9%

Jun

5%

63%

62%

Pfeiffer

24% May

Exchange

of Prices

Last

7% Aug
52%

1,260

Scotten-Dillon

Sale Price

.6% Feb

1,375

Rudy

STOCKS—

Mar

95c

Jun

4%

Parker Rust-Proof commo_n

43% Mar

24%

Sep
Jun

Cleveland Slock

300

1,042

3%

9%

Park

Jan

227

20%
37%

Jun

38%

20% May

Jan

50c

4%

—

Packard Motor Car common

Jan

25%

24%

12.50

400

8

7%

1

.

9

Parke

23

•

4%

9% '

National

Jan

37%

38

4%

1

Motor

Jan

25%

70

.

900

3% Apr

Jan

17%
21%

Jun

Apr

class B

Brewing common

National

17% Mar

Jun

55c

24% Jan
>

4

McClanahan Oil

Sep

9%

55c

—1

Preferred

Jan

4%

69%

10

Westinghouse Electric

Jun
Jan

14

131

25

(new)

550

4

McAleer

Apr

3%

303

20%

*

35

75

20%

J)

Feb

24%

25

11%

*

B

Steel

S

14%

11%

113/4

15

(Ohio)

Standard Oil

14%

*

Standard Brands

6%

4

Masco

Sep

Pennsylvania RR

Sep
Jan

6%;
18%

Aug

63

Kinsel

Jan

62%

*

Motor Car

2%

1

Kingston

30% Sep

*

Packard

Jan

Kaiser-Frazer

30% May

10

Ohio Oil

1%

10

Hudson

*5% Aug

Jan

26%

Motors

Register

100

Lamp common
HoudaUle-Hershey common

Apr

Jun

3

250

5%

29

Electric

Cash

1%

Hall

Sep
Apr

9%

121

29

54%

General

National

1%

7

Goebel

Jan

34%

138

General

Dept

23 %

Gerlty-Michigan Corp

Jan

150%

28%

7

Stores

27%

Jun

185

*

Light

&

Jap

_f

Industries common

General Motors common

Sep

J.un

19%

607

232

30%

52%

28%

33

Feb

29% Jun
37% Feb

24%
145%

23%

VW

26%

155

33

23%

143
30

10

Commonwealth
Federated

23 %

25

City Ice & Fuel

Dayton

32%

_100

Service

Columbia

32%

10

Tel

&

20%

—_1
Brewing common
1
Brewing common—:——1

Gemmer Manufacturing
•

Chesapeake & Ohio

3,780

4% Jun

v 1 -

Stocks—

Stores

American

23%

Frankenmuth

Gar Wood

Allied

22%

Sep

•

common

Preferred

23%

Detroit Steel Corp common—„

6R%

High

4.315

20

—

6%

Detroit-Michigan Stove common——1

12 V2

Low

6%

Jan

•

Range Since January J

6%

17%

7% Aug

100

Shares

High

S

Detroit Gray Iron common——,..

5%

Sales
for Week

Low

Par

A'A
Cleveland Navigation
■

Jan

44

100

9%

V'/AA. ■;1' '

High

60

17

Sale Priee

•

B

Printing

54

17

~~

LOW

Week's
Range
ef Prices

Last

.v.;

Range Since January 1

High

5%

0

Magnavox

Shares

53

*

common

STOCKS—

for Week

Low

*

Hatfield-Campbell

Friday

gales

Range
of Prices

Sale Price

SEPTEMBER 16

*,Gpneral

Electric

Co

^general Foods Corp
\

(Un)—

Motors

GlaHdh# McBean & Co

\Ck;o<lrlch

37%

•

(Un)

Corp common
General Public Util Corp (Un)

General

—

(B F) Company (Un)

*
10

894

100

633/4

1,042

14%

14%

213/4

5

-25

213/4

62%

,41% Mar

52%

Jun

170

11%

Jan

100

20% July

a61% a62%

__

20

39%

*

Goodyear Tire & Rubber Co common—*
GVaham-Paige Motors Corp (Un)
1

38%

a44% a45%
63

39%

210

34% Jun

1%

1%

400

l%Mar

a__

—

39%

Jan

•45% Sep
63%

Sep

14% Aug
25
a—

45

Feb
—

Jan

8% Jan

3T

38

THE

(1114)

COMMERCIAL

OTHER

Week's

Friday
Last

Par

Greyhound

(Un)

Corp

Hancock Oil Co of Calif class A——_•

Inc.
—6.66%
Illinois Central RR Co (Un)—i——100
Hunt

Internatihnal

Paper

International

Tel

Kaiser-Frazer

Kennecott

Kern

County Land Co

Laclede

Lt

Gas

Co

87/a

9%

935

8Va

Feb

liy4

Jan

28%

28%

28%

240

22%

Feb

29y8

Jan

10%

11%

2,100

Feb

20

1.20

1.30

3,000

9%

220

3%

1,920

.15 %

15%

981

15

45%

45%

313

43

43%

44%

1,081

7%

7%

150

24%

24%

155

43%

1.15

8

Ward

Nash-Kelvinator

46'A

5

Jan

20

7% Aug

Jun

6%

26%

Jun

8% Mar
1.45

July

22

Jan

14%

Jan

18% Aug

853

20%

Jun

26%:

300

10
25

a37% a38%

18

100

W

27

1%

1%

1%

900

1.30

1.30

1.40

3,325

2%

a53%

82

290

Jan

6%
75c

300

a52% a53%

59

11

14%

3

Oil

Oceanic

Ohio

Oil

a20%

50

17%

Jun

10%

10%

325

9%

Jun

13 JA

Jan

10c

1,000

8c

Jun

20c

Jan

9%

9%

8'/4

Jun

11%

Jan

500

10

al7% al8%

186

16%

Jan

20

Pacific Gas

al5 % al5%

50

12%

Jun

17

Jan

a5%

a5%

26

1

27c

27c

500

1.45

1.50

1,900

1.45

8
•

30

d—

preferred—

Western

Packard
Pan

Oil

Motor

175

1,311

American

Paramount

Airways

Pictures

Pennsylvania

RR

Company

Jan

61

Jun

53%

38

38%

200

32% Julv

3%

4

575

..8% Jan

107a

19%

Jun

24

Jan

425

14 ya

Jun

17%

Jan

50

14%

14%

14%

33%c

8%

8%

8%

100

a42a43%

117

25

._

a32

a32% a33 %

Finance
Oil Co

Roebuck

Shell

Apr
Jan

32%

Feb

10% Aug

Jun

862

44%

12%

16"%

40%

42%

278

65'/4

123

Storage Battery
Fidelity & Deposit Co
General

Motors

Gimbel

198

63 Ve

Lehigh Coal & Navigation
Lehigh Valley RR
(Glen

National

Power

34%
56%

57%

(Un)_„

25%

Jun

32

922

9%

Jun

14

Jan

a7%

50

7%

Jun

9

Co...

51 %

Jun
Jun

<fc

2

62%

64

1,275

51%

Jun

64

Sep

16%

275

12%

Jun

17 %

Jan

Jun

11%

Jan

5%

Jan

198

217

Sep

7%

4%

4%

15

3%

Jun

8

8

40

7%

Jun

1

Light

8

6%

213

%

%

8%

9%

*

•

18%

50

RR

8%
14%

10

common

Pennsylvania Water & Power Co.._

Apr

18%

14%

14%

2,951

40%

230

18%

6%

A

Jan

16%

9% Aug

Jan

Jun

20

May

14

110

Jun

17%

32%

Jun

42% Aug

Jan

34%

35

33

Apr

36%

22%

23%

5,752

20 %

Jan

24 Vs May

25%

25%

292

23

Jun

25%

Feb

29%

28%

30%

453

22%

Jun

40%

Jan

24%

23%

24%

1,544

20

Jan

24%

Sep

28%

28

28%

898

25%

Jun

28%

Feb

19%

19%

40

17%

Jun

23%

Jan

61%

61%

62%

195

46%

Jan

62 %

Sep

61%

div preference

$1

60%

62

109

52

Feb

60%

Apr

2

Feb

5

Aug

23%

common

common

Phl'co Corp common
Public Service El & Gas

div

preference

common

common

Reading Co
Scott

.50

Paper

Sun

Oil

common

Co

United

Corp

United

Gas

Apr

4

4%

696

22%

23%

529

Feb

23%

Inc

10

21

21

20

20% Mar

22%

Jun

Westmoreland

Coal—

20

30%

30%

36

27%

Jun

37%

Jan

.1975

44%

45

37

Apr

54%

Feb

1

Transit Co

4s.

Friday
STOCKS—

Par

Arkansas Natural

6%

V Apr

Clark

17%

Jun

27%

Jan

7%

12,461

3'A

Jun

7%

Sep

5

5%

644

4Va Aug

Joy

5%

Apr

Lone

18

18

198

16

July

55c

800

48c

Aug

41%

3,613

5

5

5

220

4%

27%

27%

928

17'/a

a7%

a7%

50

■

55c

30

18%

30

210

19%

1,993

a48% a50%
41%

125

41%

5c

Sep

Jun

6%

Jan

Jan

27%

Sep

6Vi Jan
22%

8% Mar

Jun

30

Sep

L)

13%

_

*

Co

_

iivT

Range Slnee January 1
Low

High

High

244

17%

Jun

9%

9%

58

6%

Feb

10%

212

10%

Jan

13%

13%

63

11

Jun

14% Mar

8%
"11

8%

100

7

Apr

10J/a May
12 y8 Apr

20

26%

Harbison

Walker

Refractories

Manufacturing
Star

Gas—

com

10%

Steel

19%

Apr

United

41%

Sep

38%

Jan

Westinghouse Air Brake
Westinghouse Electric Corp

11% Aug

11V4

126

8%

Jun

11% Aug

21%

63

18%

Jun

32

50

31 %

Jun

39% Mar

21%

22%

94

20%

Jun

24% May

34%

35 Vb

137

27% May
28% Jun

6%

10

4%

100

8c

15%

15%

30

4%

—

6% July

50

8c

1

200

4%

34%

*

6%
40%

4%

120

23 Vs

6%

8%
42

6c

Jan

July

35%

Feb

31%

Feb

4c

July

;

10c

Feb

Signal Oil & Gas Co class A

30

30

31%

380

20%

Feb

Sinclair

33'/a

23%

24%

3,975

18%

Jun

24%

Feb

16c

16%

12% Jun

Mar

Jun

17%

Aug

Jan

5%

Sep

Feb

_•

27%

27 VB

27%

175

21%

Jun

34%

Jan

1—12~50

24%

24%

25 %

330

20%

Jun

26%

Jan

Jan

29%

4%

Sep

14%

1

common

Jan

4% Aug

Aug

24

States Glass

Aug

8%

July.

2y8 May

9,500

Jan

Sep

41

Jun

6%

*

1

Jan

Apr

Jun

8%

6%

I.IlO

Spring

16%

9%

340

40%

—

*

Pittsburgh Screw & Bolt Corp
Pittsburgh Steel Foundry Com.
San Toy
Mining

962

11%

31%

_5

Brewing $3.50 pfd.
Pittsburgh Plate Glass..

11 %

21%
22%

Pittsburgh

Standard

*

...

Mackintosh-Hemphill

Aug

11%

1

Co

Jan

9% Aug

11

—1

41

34%

2,000

Jan

41%

64

5c

19%

72y2c Mar

Jan

869

a37% a38%
-

25

Mar

(D

•

6

5c

::~:::io

5

6

)

Co

Shares

10%

"9%

•

Brewing
Fort Pitt Brewing

3% May

40%

'

-

Columbia Gas System

Jan

25c

_

_

for Week

19%

»

com

Duquesne

Jun

19%

Gas Co

preferred

Blaw-Knox

4'/a

•

Sep

Sales

Range
of Prices
Low

*

Allegheny Ludlum Steel

2%

--

18%

$2,500

Week's

Last

Sale Price

100

^

23%

Pittsburgh Stock Exchange

919

55c

4%

13%

Improvement-

BONDS

Baltimore

6,450

—

15

Jun

12

Jun

15

1,645 '
1,400

39%

1

Philadelphia Electric

21

——... -

—

Jan

75 % Mar

198

10

Pennsylvania Power & Light

2%

40%

1

(Un)—

Sep
Sep

21%

Apr

5

.1.75

..

Jan

22%
•

Jan

—*■

I

L)

Pennroad Corp

7%

1
•

Jan

Feb

15%

Corp

Brothers

Martin

40%

*64%

65

Finance Co of Amer class A—

2%

1

—

Jan

3.25

16% Mar

20%

«

1

Oil Corp
Trading Corp...

Jun

693

36 y8 May

103

12%

4%

4%

170

31%

'

Co

7%

210

5%

Union

Sierra

12
53

11%

12

1

—

(Del)
&

Jan

a7%

•

Company— —1
.5
Safeway Stores Inc..
St Regis Paper Co
5
(Un)
!

Sears

8

39% May

30%

•

.—

Aeronautical

Seaboard

515

53%

Ar<r

150

Company

Seaboard

10 y8

21%

Jan

605

Industries Inc

16

22%

A-nr

4%

9

Mfg Co.—

Schenley

41

Jun

20%

Richfield Oil Corp common

Ryan

3%

8%

—

Oil

Jun

21%

Apr

20%

Pictures Corp (Un)
(Un)

Ranch

Jun

9

Mar

51%
50%

50c

Rice

1%

148

Aug

1

Co

501

Sep

100

Republic Steel Corp
Gas

Jun

415

2%

51%

Sep

35%

2j0

Republic

Ir.c

28%

28%

56

—1

Oil &

Apr

28% Aug

52. Va

Republic Petroleum Co

Drug

Apr

250

56

(Un)

Rexall

32%

26'/a

28%

56

Corp ol America (Un;.—
Radio-Keith-Orpheum Corp (Un)

Reserve

326
655

,28%

52%

Radio

Rheem

35%
28%

2%

(Un)

8%

10%
11%

20% May
33% Sep

Jan

10

(Un)__

Incorporated

Oil

Jan

21

Sep
Jan

(Un)

Company
(Un)
Phelps Dodge Corp (Un>
Pullman

30

32%

•

Pepsi-Cola

Pure

14 %

2%

53%

Jan

(Un)

Inc

Co

2.65

18% Mar

30%

Jan
Mar

28%

•

(Un)

Co

41

35%

28%

——10

Corp.—..—_

Car

11%

24% Jun

33%

..25

Indemnity Company
Lighting Corp

Pacific

746

1,431

20%

-25

Pacific

30

31%

35%

redeemable preferred class A—25

preferred.

Feb

29%

20%

redeemable

May

31%

25

5%

6

25c

1.45 Sep
28
July

-10

common

5%

Pacific

Jun

Westmoreland

1

Corp of Calif

Elec

&

Sep
Jan

11%

July

(Un)__100

(Un)

Corp

Company, w
(Un)

Co

27%

150%

21%

$1.40

9%

—1

Pacific Finance
6%

a20 %

10%

Co

Edison

Ohio

a20%

Inc

Petroleum

276

High

:

Jan
Jon

Jan

8% Aug
20'A Aug

10c

13%

21%
138

21%

Mar

•

Company

Aircraft

Occidental

Jun

Feb

(Un)—•

Northern Pacific Railway Co

Northrop

Aug

15% July

Jun

1

9%

1,514

11%

::ioo

-

Corp

Pennsylvania

6%

(Un)—1

Chrysler

Pennsylvania Salt Mfg

100

Inc

Low

134

145%

143

27%

Davison Chemical Corp
Delaware Power & Light com

Jan

125

American

9%

»

cominon-

Company

Jan

8%

Nordon Corp Ltd
American Aviation

Co

2y8

13%

North

13

Range Since January 1

High

27%

9%

Transit

1st preferred v t c

Budd

Low

13%

Baldwin Locomotive Works
5%

143%

..

1.90

8%

North

Arundel Corporation

37%

13%

(Un)

10O

Jun

.5

Central RR

Tel

&

37% Aug
1% Jun
85c

15% July
2'/a Jan
48% Jun

100

Tel

Shares

Feb

1.10 Mar

July

217

2%

Jan

Aug

17'/a

Jun

-1

York

Jan

Apr

400

(Un).

New

Jan

17 %

a9

American

27%

for Week

Electric

National City Lines Inc_
National Distillers Prod Corp

Corp

,4•I:;*'

Stores

Range
of Prices

Jan

25%

85c

(Un)—•

Jun

Apr

17

1

Inc

39

16%

1

Co

Jan

90c

al7% al7%

&

56 '/a

400

Monogram Pictures Corp
Montgomery

May

11

24%

25%

Utilities

South

Aug

500

300

.

Jan

16

8

a9

Co

9

Aug

'19

85c

(Un)

Mfg Co

Jun

1.15

1

Company
McKesson •& Robbins Inc

49% Mar

Sep

8

17%

American

Jan

3%

1.15

450

31

8

18%

———1

(Un)

Oil

Middle

9

10c

Petroleum

84

July

1.50 Mar

27% July
42% Jun

3%

—1
*

a58

Jun

%

Baltimore

9%

Co

(Un)

Merchants

a55%

135

7%
95c

3%

1
7

Magnavox Company

Menasco

a27% a28%

4

Angeles Biltmore Hotel Co
20
Angeles Investment Co.i.——100

Mascot

1.30

Corp

Aircraft

Inc

Loew's

Los

9%

24%

Petroleum

Lincoln

Lockheed

Los

Jap

Par

Jan

4

i

Sales

Week's

Last

Sale Price

May

9%

Jun

15%

Company
Libby McNeil & Libby (Un)

119

Jun

58

(Un)

Friday
STOCKS—

July

8%

10

Lane-Wells

Feb

100

12

1.70

Corp

Corp

Copper

35

Feb

10%

55

(Un)„_*
——1
5
(Un)
*
9

Tel

&

Corp

160

400

33V30

Kansas Power & Light Co

11

aiO

(Un)——~—15

Co

16

Philadelphia-Baltimore Slock Exchange

High

1.80

(Un)—-•

Nickel of Can

International

:

1.80

a9%

Foods,

Independent Exploration Co—
Intercoast Petroleum Corp

Low
'

allO% all47/0

1

Development Co

Holly

SEPTEMBER

Range Since January 1

High

1.80

5

Hilton Hotels Corporation

Shares

11

__

Monday, September 19, 1949

EXCHANCES

ENDED

for Week

Low

3

...——

WEEK

FOR

CHRONICLE

8ales

Range
of Prices

Sato Price

FINANCIAL

STOCK

RANGE

STOCKS—

&

Oil

Corp

Socony-Vacuum Oil Co Inc (Un)__
Southern

Calif

Original
4.88%

Edison Co Ltd

preferred

;

preferred
preferred

4.48%

4.32%

45

27 %

29 y4

31

31

325

28 y8 Mar

31

801

26% Mar

30

373

23 y4

Apr

26 V2

July

425

32%

Jun

49%

Jan

27% July

37 y8

Feb

25

Oil

Co

•'"'W— :

•

Calif

of

(Un)—

25

(Un)

Webster

Inc

Studebaker Corporation

Eunray Oil Corp
Swift &

Texas Gulf

Textron

(Un)

1

Union

Oil

Union

Pacific

United

Co

Air

Oil

&
of

United

Bros

Western

Air

17%: Apr

21V2

69%

2,040

56 y8

Jun

69%

43

43%

425

37%

Feb

43 Vb

Sep

70%

70%

316

62%

Jun

72%

Jan

18

312

13%

Feb

23%

547

16%

Feb

Inc

11%

1,073

a21

75

17%

50

28%
49

a30% a30%
60%

60%

402

a64% a66%

"Vr> 155

a9%

23%
13 yd

a9%

75

18

Sep

11%

Sep

19%

Jan

30

Feb

Feb

58% Aug

Feb

64

Mar

11

Jan

25 y2

Jan

13%

J

8% May
19% Jun

Sep

Co

Motors

common

(Un)

22%

22%

40%

40%

150

31%

32%

4,211

32%

Sep

a80% a82%

126

76%

Jun

86

Jan

11

Jun

Laclede

Gas

14% July
4% Sep

Laclede

Steel

Jun

17% Aug
39% Feb

McQuay-Norrls

25

Co

31'A

50

(Un)

a81%

120

8%

'Mar

24

35% Jun
25
1' Jun

T 41%
:

Sep
May
Jan

10

13%

13%

170

4%

4%

515

(Un)

17%

17%

152

16% Julv

a33 %

a34

135

35 Vb

23%

23%

1,925

20%

Jun

24 y8 May

48%

48%

510

35

Feb

51

11

12

720

9%

Feb

6%

6%

200

5%

Feb

10

Corp

;

Inc

a34

•

23 V4

10

(Un)

5

12

l

(Un)

(Un)

♦

.12.50

(Un)

2%

Jan

al4%

10

al5

25%

25%

278

21 %

a48% a48%

~

110

45 % Mar

,

60

July

12% May
:
,

13% May

7%
26 y2

...

TrUernational

Shoe

62%

2

1

common

Bonds—

_

107% 107%

$10,100

103%

Jun

107%

32% Aug

35

16

Jun

23

50

247%

Jun

30% Aug

Sep

25

215

22%

Jun

25%

Feb

37%

37%

156

23%

Feb

39%

Aug

33%

326

34%

Jun

40 y8

Jan

€2%

64

538

52 %

Jun

64 •y;

28%

255

19 y2

Jan

29% Aug

27

23

Jan

39%

Laclede-Christy

2%

2%

150

1%

Jan

27/e Mar

45%

117

40%

Jan

45% Aug

3

150

8%

325

2% May
6% July

3

8%

8%

Sep

5

5

598

5

8%

Jan

Midwest

Piping & Supply

Missouri

V-V ;fi

American

Rice-Stix
2nd
St

1st

com

18

—10

—

—100

preferred

Louis Public

Rears

Roebuck

Wagner

&

common

42:
_

!

see page




44.

14

Mar

5

Jan

23

July

34

14%

25

13 y.

July

17 Vt

Jan

22

30

19V*

Jun

22 y4

May

18

18

60

16

Jan

18%

Aug

18%

7%

is.;.

18

18%
132

125

125

5

125

50c

i

common.

Fuller common

Electric

Jun

584
250

7%

132

—100

Service class A
common

10

575

27%

14%

7y»

10

25

(Un)

11%

Sep

27

.

common

preferred

11%

Sep

22

-

Portland Cement

North

11%

4

—20

common -_i.

Sep
Feb

3

5

common

common
common

85

5

1

common

■«>'•

5

4
....

_

_1

10%

10%

42

125

v

3%

110
235
37

10%

y

34

4

9%

77/s Aug

Jan

July

Jan

20% July
132

Sep

Sep

127

Apr

Jun

>

Jun

Sept

13%

5
15

41%

15%
128

25

-v..

13%

13%

230

12 y«

May

35%

35

35 Va

350

33%

Jun

*

For footnotes

Aug

44%

1
*

common

Knapp-Monarch

Stix-Baer
_

29 Ya Mar

20 %

30%

8%

.

Johansen Shoe common——..

Sterling Aluminum
—

150%

44%

—

•

common.

'

American Tel & Tel 2%s deb 1957

18% July
Jan

Jun

30%

Jan

48% Aug

High

Feb

27%

37%

10

Key

Apr

14% Mar

Jun

160

138%

24%

1

Brewing

Huttig S & D common
Hydraulic Pressed Brick

•

360

597

32%

16

178

%

Grlesedieck-Western

(Un)_»

Inc

Union Tel Co

General

300
,

Low

18%
145%

36%

(Un)__..___•

655

(Un)

Corp

—

1

common

common

15,225

Jan

Range Slnee January 1

High

27

—.

Brew

Electric

8%

Feb

Shares

20%

1

General

24%

6%

143

32%

8

common

Coco-Cola Bottling common

13%

10

.—15

common

:

Jan

Jun

143%

Sales
for Week

of Prices

18%

100

common

Mfg

Industries

8%

in

Pictures

Shoe

Clinton

(Un)

Sep

1

Steel

Brown

Burkhart

Tel

Week's
Range
Low

_1

common

&

23%

(Un)

Co

Tel

Falctaff

9% Jun

58

Invest

American

Jan

23% Aug

,

American

11%

(Un)

(F W)

a66

Last

Sale Price

1

Film

Westinghouse Elec Corp
Woolworth

60%

2

Calif.!

Lines

a30y8

10

Consolidated Oil Co

Warner

Western

(Un)

Carbon

Railroad

States

85

67%

23%

STOCKS—

Sep

'254

a20%

•

(Un)

United Gas Corp
United States Rubber
Universal

__

Friday

Sep

21

18

common—_50c

Co

Corp

Lines

Corp

.

25

Twentieth Century-Fox

Carbide

.

.25

Corporation

Union

__

.25

(Uni

Assoc

Transamerica

a30% a31%

Exchange

Aug

Par

10%

B

Incorporated

Tidewater

68%

•

Sulphur Company'(Un)

Tri-Continental

United

.—25

s

Company (Un)__.

Texas Company

40%

;

July

21

common

preferred

26%

Apr

'

(Ind)

Stone

&

30

26%

«

(Un)

4% %

29%

38%

(Un)

Standard Oil Co (N J)

St. Louis Slock

Sep

39% Mar

340

-..25''

...

Brands Inc

Standard

33%

50

29

Company
Southern Railway Company (Un).

Standard Oil Co

3,529

42

29

Pacific

Standard

979

42

25

17
33%

25

__

preferred

Southern

16%
33%

33%

_—25

w...

preferred

4.56%

15

com—29

■

57/a
42

15

Jan

Aug
Jan

13% Mar
46

Jan

Volume 170

Number 4839

THE

COMMERCIAL

&

FINANCIAL

OTHER STOCK
RANGE

Friday
Last

i

:o;j
Par

Air

Reduction

Alaska

Juneau

Alleghany
&

(Un)

Airlines Inc

(Un)

Power

Radiator

American

&

&

Stan

Smelting

&

(Un)__

San

(Un)

Tel

American

Viscose Corp com

American

&

Tel

Woolen

Anaconda

Co

Co

Armour & Co (111)
Atchison

;

20

Atlas

Imp Diesel Engine
Big Wedge Mining Co.——.
Mfg Corp—_—

Baldwin

Bank

Bendix

13

(Un)____—

149%

Jun

Jan

J

&

M

Montgomery

& Sullivan

62%

Sep

Jun

37%

__

(Un)

2%

318

25%

Jun

34%

Jan

Auto

568

28% July

31% Mar

National

Distillers

36

36

Sep

Natomas

Co

10%

7%

Jan

N

North

American

Aviation

American

Co

North

American

,

50

Sep

10%

170

6%

Jan

5

Jun

6%

200

90%

145

5%

100

87

'

Aug
Jun

6

Calamba Sugar

!
Co

Mar

Y

200

5

Jun '7

a9%

100

9

Jun

11%

Apr

Northern

8%

100

8..

Jun

10%

Jan

Ohio

37/8

300

2%

Apr

4%

10

49%

103

22c

£

Packing Corp

42

355

6%

Jan

50

alO

Mar

2*%

75

Aug

Pacific

Caterpillar
Celanese

Railway

Tractor

Corp

of

Eureka

(Un)

2%

1,200

29

710

8

850

2.10

2% Aug
23%

23,189

7

33%

America

•

Mining Co__

Cities

Service

Clorox

Co

Fuel

Columbia

Paahau

&

10

3%

Iron

24

Mar

403/4

45

Sep

&

Commonwealth

(Un)

'

6%

Edison

25

Consolidated

Chem

Consolidated

Coppermines

Ind

Consolidated Edison

A—

1st

22

Jan

5%

23'%

290

21 'A

Jun

25%

Jan

Jun

jo

33

52%

14

14%

320

10%

Jun

34%

890

27%

Jun

29 %

29%

415

24

Jun

1.25

1.35

2.2u0

yuc

Jun

1.80

Jan

a30a30%

640

6%

6%

100

52%

53%

642

44%

54%

54%

30%

31

al4% al4%

50

Co of N

Y

(Un)

•

13%

1

133/4

22

23

465

19% Mar

23

Sep

5

13%

13%

189

1034

Jun

153/b

Jan

\

12%

133/4

2,700

9%

Jun

13%

Sep

20%

225

17%

Feb

20%

Aug

10%

10 3/4

420

10

Jun

113/a

Apr

10%

10%

400

123A

Jan

9%

9'A

Jan

al7% al8%

nil

(Un)

10
100

com

14

773A

8%

Jun

11%

64

77%

Jun

150

14%

9%
17 3/a

Feb

19

-

10

110

V

Natural

Consolidated

Gas

Vultee

Continental

Oil

4

of

1

(Un)„

Amer

Cons

'X'XXX

—10

;

|

85

49

47%

75'A July

70

...

Aug

37%

955

49

15 Vt

16

450

13 % July

16

Sep

293/4

30%

2.435

283A Aug

30 %

Sep

30%

31%

33

Jan

300

233/4

Jun

u30

a30

50

28%

Jan

30

Jan

12%

12%

350

10

Jun

13%

Jan

5

-

5%

112

5

Jan

«
--

Plantation—^.

_

'

—15

Fisheries

'.V

5

Aggregates!

:

al3% al3%

12

3

6% May
13%

Apr

preferred

10

85

1st

35%

4%

1,137

3%

Apr

6

Jan

20%

200

18 %

Jun

21

Apr

33%

34

6,220

30%

Jan

34

Sep

35%

35%

preferred

series

714

33

Apr

36

Apr

Pacific

Jan

Pacific

Feo

sou

Jan

58

Apr

Pacific

14%

Jan

Pacific

34%

Sep

Packard

30 %

28%

30

Apr

32%

Jan

26 y2

Apr

28%

28% Aug

28%

Sep

54

Jan

28 V2

1,224

28%

28%

1,400

53

A__25

28%

53

481

•

103% 104 y„

Jun

50

104%

100'A Jun

85

1st

Portland
Public

Cement

Service

10

common!.;

Tej

55

*

preferred

54%

com—

Moior

Oil

485

15%

Feb

435

24 y2

Feb

89

Feb

103

Sep

135%

Jan

147

Sep

38%

Sep

39

Feb

100

Co

147

147

145
S'v' 10

10

38%

38>/2

100

Corp
(Un)_

•

37A

3%

3%

240

(Un)

com

•

a8%

a8%

a8%

99

8%

•

19

18%

19

Airways

Companies

common

Jun

34%

Jan

Paramount

Jun

8%

Jan

Pennsylvania RR Co

Jun

57%

Jan

42% Mar

54%
31

Sep

Phelps Dodge Corp (Un)
Fhiliips Petroleum Co

18%

Jan

Pioneer Mill Co Ltd

19%

19%

14%
9

5

Jan

13% July

Pictures

10% Mar

Jun

20

19

Jun

725

(Un)
(Un)

33'Ac

232

9%

Jun

11"%

Apr

Puget Sound Pulp & Timber

134

14%

Jun

17

Jan

Pullman

2%

Jan

5%

Sep

Pure

27%

145

25%

Jun

27%

118

34% July

a3

25

26%

475

Sep

Radio

44%

Jan

Railway

4%

Feb

•

(Un)

•

Rayonier

21% Mar

26"%

Sep

41%

127

Corp

5

common

Preferred

560

8

5%

5%

100

5%

11%

435

8%

(Un)
Realty Co pfd

Incorporated

Preferred

11 y2

21%

Jun

100

25%

1

Apr

32%

Feb

Apr

11%

12%

126

Jun

14%

Jan

58

50

42%

Jun

62%

Aug

24

21%

Jun

28%

Jan

50

28

July

343/4

Feb

a31V« a31>A

a31'A

25

•

Corp

Cypress

Co

Abbey

(Un)

Jan

Apr

11% Aug

27

955

Jun

27%

100 100%

107

94

Mar

100%

a94% a94%

__

1

2

90

May

7%

__

7%
67c

7%

270

67c

__

2

20

400

67c

95

9%

Giorgio Fruit Corp
B

common

$3

A

common

Jan

Feb

Jan

75c

Dow

Chemical

Pont

Eastman

Oil

Bond

Emporium
Eureka

Food

Co

(Un)__

Co

Ltd

•

Maurico

San

General

Electric Co

(Un)

General

Motors

Corp

Paint

Preferred

•

4%

Co

Ltd

North

Greyhound

July

250

40

Jun

47% Mar

Southern

Jun

14%

12% Mar

16%

<*%

Soconv-Vacuum

•

non-cum

pfd

(Un)_*

Corp

1,094

ft

500

% May

ft

Jan

Southern

434

22% May

28%

Jan

Jun

39

Sep

Preferred

4.56%

Jun

39%

43% May

Standard

Oil

1,100

63%

Sep

Standard

Oil

16'A

Jan

Standard Oil

53%

Jun

13%

300

10

Jun

18

115

16% May

18

22

100

20

July

25

Feb

13%

14

1,805

10

Feb

150

56

40

37%

37%

150

10%

11'A

890

;

37%

«

150

i

*14%

Jun

34%

Pineapple Co

Ltd—_

•

Battery Co class B (Un)

♦

Holly

Development Co

Holly

Oil

Honolulu

17%

504

3

3

100

__

—J

1.75

(Un)—

Co
Oil

17%

__

"

1.75

1.80*

4%

4%

__

400

Feb

Sep

Texas

Jan

Tide

39%
?

'

Hunt

Foods

Idaho

Car

•

53%

•

.

..12.50!

Co

Inc___

Maryland

50%

Corp

(Un)_.l

Idaho Power Co_——

10

53%'

12

International
IXL

Tel

Mining

Co

&

Apr

Company

of

Canada

Tel

com

10%

10%

(Un)_*

(Un)

.

%

* '

11%

a28

a28

30c

9

;

7,975

•

.

.

30c

^

•

Corp (Un)____
Kaiser-Frazer Corp —*
Kansas Power & Light——
Kennecott Copper Corp (Un)

Salt

LeTourneau

Company

Co
(R

Carbide

Oil

5
>

Inc_^

1

3%

8.75

__

•

3%

-

Aug

505

20 % Jan

34

18%

24%

"

Feb

26

V;/ 1,650

Jun

8

'/

26c

25

33%

3%

Jan

Sugar

31%

24%

2,110

-

Jun

'

.

,

35

Sep

T9% July

31 »A

*
,

Sep >

11

/-

'

45c

;

-

1,505

3%

,

Jun

see page




7

44.

=

,

•

Jun

17 Va

Jan

Jun'

28%

Apr

?3%

33%

1,845

Jan

33%

Sep

26 3A

26%

100

24

May

26%

100

28

Mar

303A

Sep
Sep

...

303A

303A

—

39

1

29%

33'A

1,085

40%'

'

.

'

__

(Un)

July

18

Jan

21

68'A

Sep

1,515

55'A

Jun

70

Sep

U

S

Steel

Lines

10

200

361

61 'A

Jun

72'/4

16%

Feb

24

Feb

20

Sep

Mar

30

Mar

22%

23

1,135

18%

20

285

a293A a29%

20

a29%

29

16%
30

__

*

•

48%

662

60%

60

•

24 VB.

2,892

19%

2,272

10

Jan

10%

Jan

al5% al5y8

-JX

Wells

Pictures

Bros

(Un)__

;

58

40

334

40

__

Apr

Jan

Westates

Sep
t Jan

Petroleum

'Preferred

Indies

Western

Western

common

Sugar

Air Lines

22%

__

Jan

Western

44%

-

45

980

39

Jun

46%

Jan

Willys-Overland

7%

7%

500

9% Mar
6%

Jun

Jan

Jun

32'A

Sep

13%

Jan

175

22%

,

41%

11% Mar
21

25 Va

.

'

'

24 % Mar

Jun

4«A

i—

23%

7%

7%

2.50
'

common

(Un)—1

Inc

(Un)

1
1

86c
5'A

50c

;

,

100

2.05

Feb

800

7%

Sep

9%

Jan

.12% May

Apr

290

r

1,322

12
285

;

87c.
5%

86c
5'A

.

9

Dept

32% Mar

Woolworth
Yellow

May
Jan

Stores

Union Telegraph

13

8%

270

v;:5:

—

Cab

Preferred

Elec

IF
Co

Corp

Motors
W>

(Un)

common

(Un)

<Un)
(Un)

•
,.12%
1

—

>

_

—

—

16%

264

25

25
t

285

6%
—

7%

Sep

17%

Jun

22 3A

5%

Feb

7%

13'A Mar

16%

13 y8 May
21

Jun

200

4%

Jun

443/4

Jan

48%

240

6
20

6%

200

,20

20

^

,

,

4%,

4%

Aug

1.20 May

Feb

Jan

'

50

:

275

48%

10
1

;

2.70 Apr
9% Jan.

5'A

1,295

a6%

al4% al4%
24% 24 A

—

85c

1,615

20'A

20
a6%
16

Sep-/

Jun

7%

10%
285

12;
285

Sep'.

Jan

20%

-

5

4%

2'/2

3,405

24 'A

2.50

5
1

14% Mar
24'A

1,102

4'A

23 'A

10% Jan

50

al3% al3y8

--

•

15% Aug
55%

27% May

Sep

153A Aug

/

33% Jun

2,033

,

13 >A

1

(Un)

Jun

"

Sep
Jan

13%

•

100

32 >A

13'A

100

Fargo Bank & U T

Sep
Sep

70

60%

Jun

13'A

31%

1
•

(Un)—

Utah*Idaho Sugar common (Un)
Victor Equipment Co—

41%

100

Jan
Autr

25 %

Jun

23%
11'A

23%

1

;

15%

30.

Sep

42%
70%

28

15

Inc

Corp common

207

10%.

42%

39% Aug

42%
70%

—

—12'/a
-5

(Un)

Corp

Air

1,059

10%

Jan

Apr

24

203

70

20%.

9

Carbon

Corp of Del

15%

29%

49%
27%

;

Jun

245

21

a25% a257A

825%

#

25

Calif common

United

46'A

-

Sep

14 Va

21

Jan

40%

'

Jun

1,869

common..^—10

______

Aircraft

United

15%

-

Sep

1,564

25

Oil

&
ef

Co

46»A

^

__

5
1

Libby McNeill & Libby

For footnotes

Jan

Feb

!66%

Feb
'- : 13% Aug
B% Aug
11 ; > Aug
1.70 Jun. fev/2.25 Aug

* * '7%

125
v

a40% a40y8

„

10

G)

38%

31

17%

Transcontinental & Western Air——5

Westinghouse
Leslie

___

Corp

Union

Jan

Jun

32% Jun -7T

10
2,030

>K50

9

27c

-

—P2

.

Land

Jan

Feb

103

Mar

28'A

25

(Un)

Ass'd

Water

Union

-^10%

300
529

2.15-

a33% a33%

;

-

.

10'

2.00

-

Johns-Manville

County

8%

5%

16%

(Un).

J

(Un)__

Transamerlca

West

Kern

N

Corp__

Co

Warner

Nickel

41%

Sep

"

11% July

4%

'

42% Jun h

1,145

12%-

8%

2:15

•

20 ;

■

—

_6%>

—

Mines

•

Independent Exploration __—^_33y30International

11c

Feb

120

•

•

Corp

Motor

Feb

502

5%

27'A

•

Indiana
of

United

Hudson

__

Calif

of

of

3.50 Mar

May
1.65 Jun
3%

300

6c

34%

9,300

7c

413/4

27%

—

_

__

Co

19% May

1.75

; V

Sep
Sep

Jun

2% Mar

16% July

.

-

27

27%

30%

22%

44

fV

'

Jun

10%

,

Feb

Jan

a37 a37%

W~*<-

•

Co

Co

Mold

Swift &

66

Jun

l%May

'

21%

16%

23%

Sep

22

V;

1,640
1,120

Jan

13

66.

•

30%

.25

_

Jan

1%

27
27%

4k

Pacific

34%

1%

Sep

16%

Jan

41%

10%

•

v

2*

preferred

33

,66

Sep

5%'

(Un)__•

Sperry Corp
Standard Brands Inc (Un)....

31

4.32%

Union

Hawaiian
Hobbs

com

27%

Jan

666

__

3

Calif Edison Co

....

a40%a40%<

41%

IB

(Un)

38%

__

Jan

5

Oil

170

*

25

41%

•

Pulp Co

37%

__

2,959

7c

7c

5%

•

(Un)..........

Corp

511

__

100

Oil

Sinclair

n

63%-

41%

a

15

16%

€3%

Jan

Jan

30

18

*

—.—

Ry

60

Apr
Apr

Oil

a44% a45%

Goodyear Tire & Rubber (Un).„—a40%
Graham-Paige Motors (Un )___„_—..1
1%
Great

Signal Oil & Gas Co A

12 %

Feb

43%

__

25

common__i.

preferred

Jan

Jun

24%

Union

Super

Gladding McBean & Co__
Golden State

Shell

Soundview

*

—

19%

26 y4

.

•

-ft

63%

*

common

Jan

48% Mar
53% Sep

37%

383/4

Jun

27 y4

26%

•

_

(Un)

37

__

10

Corp

——

Co

11

-37%

Jan

14

:

43%

27

35%

715

40%

40%

P10

__

Co

&

Water

47% Aug

—

•-

(Un)_

General Foods Com
General

*

Mining

Roebuck

Sears

134

__

10

Jan

26%

17%

123

18%

'

578

__

_1

—

Machinery & Chemical

Juii

674

-38%

18

—5

Safeway Stores Inc

15%

16%

! 21

38%

5% Mar

4% July

600

5

'

53%

__

5

20 %

Manufacturing Co
1
Richfield Oil -Corp
-.-.i;—*
Riverside Cement Co class A (Un)__*

43%

._

•

Co

12%

40

34

1,110

•

10

Republic Steel Corp (Un)__
Reynolds Tobacco class B (Un)

53%

__

(Un)„10

common

53

29%

a48% a49%

__

5

Works
& Share

Capwell

Corp

15

common

de Nemours

Kodak

Dorado

Electric

Co

(E I)

29%

Jun

8%

220

53

29%

__

•

8%

200

9

9

9

*

(Un)

9'A

9%

5

—,

preferred

Dominguez Oil Fields Co
du

5

5

Aug
Mar

9%

Jan

Aug

1

Rheem

Shasta

Di

.1

Jan

35

32% July

100

7

•

a26% a26y2

12

com___

1,300

33%

Feb

Mar
f Jan

60

Jun

a31% a31%

100

____—.

4

Feb

Apr

58

of America

Equip &

52% Feb

100

14

13

Jun

37

128

5

33%

a31%

/

;;

Jan

11%

49%

8% Jan

Jan

8%

Jan

27

27

•

preferred

Curtiss-Wright

El

43%
12%

Jun

n%

__

2nd

Sep
Jun

y

Zellerbach

JaD

24 %

17%

14'A July

536

43%
59'A

5
14

(Un)

Co

Corp

43%
59%

(Un;

Inc

Oil

Jun

2%

43%

•
__20

4,955

^37%

8%

25

(Un)

5%

(P

Crown

Jan

Feb

15%

125

8%

4%

3'A Jun

1,954
135

14%

26% May

Sep

25%

1
50

Pepsi Cola Co (Un)

19% May

18

-

26

—,i»r«

___.

Western

184

10%

Sep
Jan

58

July

26'A

17'A
101 Va

44

191

55

1C0% 102%

*
Tel

<si

American

Pan

(Un)

11%

10%

Jan

Jan

26%

__

t

Aug

4

a32% a32%

25

Lighting Corp common^......*
4.50 div preferred

Feb

30%

33%

___25

__—

670

41%

Feb

4%
20%

4%

5

(Un)

16%

41%

Jan

60

Jun

16

30JA

(Un)

preferred
preferred——

red

8%

a3

__

)

Sep

,100

Ry

1st

46%

Jun

37%

__

1

1

Inc

i

8% Mar

5% Jun
41

27%

__

i

14%

Mar

(when distributed)—8

Republic Petroleum Co

(Un)__15

Aircraft,,.

Motors

Creameries

Co"

/

May

'

Consolidated

1

57% Mar

Jun

48

85

Jun

20 %

*

(Un)_

(Un)

5%

__

a52% a54%

„

—

♦

ll3/a

__

r

5

16%

a3

«

Pacific

430

__

•

5

July

100

Sugar

red

Jun

53%

5%

Jan

23c

1.35

.

13%

34%

__

*

35c

July

Pac Gas & Electric enmtnnn

570

25

(Un16%

Southern

Jan

15c

-

5%

Peb

53%

__

<Un)__♦

common

Solvents

Commonwealth

*

common

22c

3,997

Filters A

Amer

Jan

250

__

14,350

605

Jan

1,500

„

Jan

18c

—

(Un)

Coast

2.60

4

53

Apr
Aug

2.10

32c

•

Invest

com

Pacific

14%

8%

__

173A
37%

16c

L:

Pacific Finance Corp

Jun

451/3

__

25

(Un)

G^s System

Commercial

25

(Un)_*

com

Co—

Chemical

Colorado

(Un)
RR

Feb

30c

•

Paraffir.e

Chesapeake & Ohio Ry
Chicago Milw St. Paul
Chrysler Corp

j

113A

33% May

17c

(Ud)

Products

Pacific

United

16%

4

1.30

133/4

32c

—

1.95 Mar
18% Aug

7%

__

_l

i

1

K".

Jan

451/3

__

Apr

Jun

69

(Un)

American

Edison

23%

___io

>

17%

May

7%

I 325

1,215

-10

B

2% Aug

Jun

33%

25

common

8%

_P10

Fibres

Preferred

Canadian

Apr

35

a38

preferred

16%

__

i

37

15

:

1.55

Co

Corp

RR

Ohio Oil Co

Feb

10

34%

50

i'.;:

Jun

a37

34% Mar

Jun

8% May

10

25

•

common

——_

1

Sep

18

1.50

7% Jan

237% Aug

240

„

Jan

27%

202

Apr

253

100

'

45

8%

____*

.

;

18

13%

capital

Central

25c

__

•

Co__—

18 % July

313A May

Jun

}

Mar

32c

Nash-Kelvinator

Jan

Jun

4%

102

Mori ison-Knudsen

5%

45

16%

Jan
Jun

53^

Sep

30%

a20% a20%

«

8

—.

14%
28

Fen

7%

__

37;

}

Apr

1.50

(Un)

Co

&

May

22%

1.95

__

__

Ink

Ward

51

2%

2.10

37

21%

..

13%

(Un)_

170

28%

__

5

Co

Cement

Cons

115

5%%

California

M

25

alO

2%

«

15

Calaveras

&

62%

a29% a29%

__

pi

(Un)—

(Un)

Byron Jackson

Central

138%

'

immm

—18

(Un)_

-

Mindanao Mother Lode Mines

49%

__

1

Preferred

2,163

27,.

High

Jan

1

Inc

Co

26

V, 53% Feb

252

__

2

caiuornia

Apr

8

'

•

(Un)

Co

Robbins

Pacific

Mining

Holdings Corp (Uni
Boeing Airplane Co (Un)

Bunker Hill

45 %

3%

__

33%c

Blair

Co

180

Jan

8%

__

5

Bishop1 Oil C°

Borden

48

14%

&

Mfg

a9%

__

5

Corp (Un)
Bendix Home Appliances

Steel

Jun

Oliver

Co

Cons

10V4

Navigation

Menasco

25c

a9%

1

A—

Aviation

Bethlehem

7ou

80

:;r

J
•-"

(Glenn)

McKesson

5%

__

100

Benguet

Matson

North

California
Oil

.

jljV2

6%

__

100

&

Barnsdall

Jan

12% Aug

90%

__

3

N

22

Feb

5%

(Un)
Ohio RR (Un)___
Petroleum

of

Jun

7%

10%

__

10P

Locomotive

.Eandini

*'15^

330

450

30

2%

—__

Baltimore

IIIl/

Co

X(l

163/4

153

a9

a9

*

Aug

a36% a36%
__

100

Avco

Martin

National

7,

—

_:—5

(Un)

Atok

—5

Low

a32 3/4 a327A

a323/4

Merchant Calculating Machine..
Marine Bancorporation (Un)_—

10% July

Range Since January 1

100

al63/4 al7'A

•

—.

»

common——.

27"*27%

_*

(Un)

^'2%

Jan

19%

III1

Aug

Jun

7

19s/8

(Un)
(R H)

25

27%

Shares

High

•

Inc

62%

__

(Un)—___*

Top & Santa Fe

3%

1%

16%

for Week

Low

Magnavox Co

M

__

50

Archer-Daniels-Midland
y

'%•!

Feb

400

11%

Sales

Range
of-Prices

__1

Corp

North

(Un)

Arkansas Nat Gas Corp A

2%

505

143% 143%

•

Anglo Calif Natl Bank

Apr

2%

48

__

:

14

(Un)

Copper Mining

2"%

23% May
3% Apr

9%

i0-/4

100

(Un)

250

16%

»

(Un)

3

11%

11%

Refining (Un)—•

American

3

High

20% Feb

2

__

*

Loews

Aircraft

Macy & Co

60
400

__

(Un)—20

cap

Light

Lockheed

9%

__

•

Week's

Last

Bale Price

Low
,

3%

'

STOCKS—

Range Since January 1

High

3%

3

16

Par

Shares

a22% a225/a

3%

(Un)__l

common

/American Factors Ltd
Amer

a22%

Mining Co
10
(Un)_„——,_„1

Foreign Power

American

Low

;•

Gold

Corp

American
Amer

Co

SEPTEMBER

Sales
for Week

of Prices

39

EXCHANGES

ENDED

Exchange

Week's
Range

Sale Price

(1115)

Friday

San Francisco Stock
STOCKS—

WEEK

FOR

CHRONICLE

Jan

Apr'
Aug

16% Mar
26%
7%

Jan
Jan

49% J")v

July

7%

Apr

18% July

20%

Jpn

5

.

I

Montreal Stock
Onutfu

Range

Power

&

Paper

14%

15%

4,400

18 A

19

2,580

Aigoma Steer

—100

—

Shoe

Aluminium Ltd
Aluminum

Co

4%%

of Canada
Co

Lid

4%

4%%

pfd

preferred——

100

Asbestos

Power

Trac

Light

American

Preferred

Ltd

Class B

4%%

class

Canada Cement

Sep

47

Cl

7

1,300

4,950

Sep
Sep

12%

12%

12%

5

12

Jan

14%

25 %

25

25 A

1,085

22

Feb

25%

Sep

—•

common

25%

28

28

__..7

5 A

32

255

25%

1,582

28%

605

alO%

alO

all

14%

Textile

common—

15%

A

4%%

Gatineau
5%

Products..

5%%

Ltd

Wares

Howard
$2

Bridge

Smith

;

Bay

Paper

common

Imperial

Oil

Indust

Acceptance Corp

4%%
5%

common

preferred

convertible

International Bronze 6%

International Nickel

pfd

International

Power

Internationa)

Corp

Jamaica Public Service Ltd
Labatt
Lake

Ltd

of

the

Woods

common

Bros

!

MacMillan

Export
Massey-Harrls
McColl-Frontenac

class

Molson Breweries Ltd
Montreal Locomotive

Montreal

National Breweries
7<&
preferred

National Drug & Chemical
Preferred

National

Niagara
Norandfl

Ogilvle
7%

Wire

Car

Ltd

Mills

common

preferred




May

22 %

Jan

.1

13%

13 %

14

*

1,835

9

Jun

14%

Jan

Lawrence

Plour

21

Aug

24

Jan

Paper 1st preferred— .99

77%

71%

77'A

638

70%

Sep

86

Jan

45

44

45

1,270

36%

Jun

45

2nd
St
8t

preferred
Mills

22

common..

preferred

1

Shawlnigan Water & Power
Series

A

\%

com.

24%

Sicks Breweries

Co

1%

of

Canada

preferred
Stores

Sep

48 %

Jan

18%

100

15

19%

1,485

18%

630

a94

a96%

20

8%

...—100

86%

common.

85%

86%

25

—.....

preferred

Corp

Sep
Apr

20%

Jun

5

5

161

6%

6%

a27%

a 27%

Sep
Sep

86%

Jun

85%

Feb

12

5

6%

Sep

9%
89

80

Sep

16%

Feb

75

161

Feb

78% Mar

3

161

.100

18%
97%

Feb

5

419

12

5

7%

Feb
Jun

82%

847

85%

12

Sep

17

110

85%
12

Jan

19%

16

10,865

89

25

94%

915

9%

8%
85

July

15% Mar

22

20

89

Brothers

8teel

25'A

Jun

20

•

Ltd——

Tuckett Tobacco
United

Jun

45%

17%

a94

»

Standard Chemical common

Steel

22%

395

18
..—100

Co

Thrift

4,245

18'A

19

—

Sep

25%
47'A

17%

common.

preferred

35

24%

com.

Voting trust certificates
Simpsons Ltd 4%% preferred..

22

47

.50

preferred

'Sherwin Williams of Canada

5%

Apr
Jan

4%

Jun

5%

1,680

Jan

7

Jun

158

Sep

170

Jan

7%

Jun

Jan

Apr

10

98

Mar

Jun

17

Jan

Jun

23%
48

31

27

9%

535

24

31

Sep

Jun

11%

May

11%

Jan

24

Jun

36'A

Jan

12

July

8%

5

8

30%

13'A

13%

1,875
150

15%

16%

8%
,

11%

common—

•

common

4%%

preferred

15

Feb

17%

Jan

13

10,118
1,449

99

98% 100

1,900

24%

23%

24%

300

37

37

125

35

Jan

38

Apr

a20

a20

23

—

100

—

14%

a97

—

Wilsils Ltd

5%

a97

Limited

common—

_

preferred

*

_

34%

920

98 %

75

42'/8

—25

43

25%

27%

27%

Jan

14

185

33%

34
.100

18%

98%

common..

24

5

18%

Winnipeg Electric
5%
preferred

Jan

1,525

29

16%

Sep
May

Aug

9%

8%

30

Biscuit

Zellers
31

9%

—

Viau

Jan

Jun

9%
13

May

17% July
27

27

May

16%

Jan

100%

Jan

19

Jan

Feb

37

Apr

Jun

100

Feb

39

Feb

43

Jan

24%

Jun

27%

Sep

97%

50
480

Banks—

Canadienne

.10

Commerce

20'A

20%

205

19% Mar

24%

24%

247/8

915

22 %

Feb

24%

Sep

26

-10

26

26%

1,305

25

Jun

26%

Jan

35%

36%

370

34

Mar

36%

Sep

25%

26

595

24%

Jun

26 %

10

35%

Feb

20'A

20%

Jan

Jan

13

11 %

__

7%

—

19

11

Jun

May

14%

81

Jun

122%

20

Feb

10

21

% Aug

7%

50

7

30

Aug

Jan

Jan

Montreal

.

.

Nova Scotia

.10

10

Toronto

.

36%

10

Jan

26

...10

a37% a37%

Sep

35

Aug

16%

16%

a25

17

85

3,693

a25

a28%

45

24%

23

24%

1,170

23%

24%

230

21%

21%

21%

53

19% Aug
Sep

Acme

21%

Jan

26% Mar

Anglo-Nfld Development Co Ltd

22

Atlas

Apr

Jan

Par

Aug

Aug

Glove

Works

Steels

Ltd

11%

12

88

88

17

17'A

140

11%

Jun

25%

14%

14%

25

13%

Jun

4,880
25

10%
88

Feb

Shares

Low

Belding-Corticelli

Jan

Belgium Glove &

17

Jan

Brand

&

Limited

975

1,100

9%

2,715

B—*

5

5'A

175

class

100

al65
al6

al6

35c

40c

1,100

11%

11%

575

a

165

18

Jan

12%

Jan

6%

Jan

9% Aug
3% Jun

20

7

A

4

Mar

15

Aug

14

9%

High

Aug

7

15

pfd—20

com

Hosiery 5%
Ltd

Millen

Low

7%
-

Jan
Mar

14%

9%

Ranre Since January 1

High

7

14%

—*

12

7%

5

Ltd

95

July

for Week

-7

Bathurst Pr & Paper Co Ltd class

11%

Range
of Pricea

Sale Price

26% Mar

Salea

Week's

Last

28

17%

Fnnds

Friday

Aug

17%
13%

Canadian
STOCKS—

21

88

__

Montreal Curb Market

13% Jun
21% Mar

19%

Apr
37% Aug

8% Mar

41%

165

Mar

165

Mar

16

Sep

17%

Feb

35c

Sep

1.15

Jan

10

Apr

12%

13%

13%

300

11%

Feb

14%

Sep

14%

14%

25

14%

Jan

16

Apr

British Columbia

7

425

13%

6

6

6

50

2

15%

Jan

May

6

Jun

Sep

Brit_Colum Pulp & Paper Co Ltd com.4"

80'A

77

80'A

135

77

Jun

106

Feb

3%

Class B

14%

14

14%

29'A

30

220

24

Jan

30

20

24

4,281

19

Apr

28%

Jan

97

97

97

5

97

Apr

98 %

92

92

75

85

Jan

92

Packers Ltd class A_*

________

11%

Jan

Sep

24

17%

16% 17%
103% 103%
109% 109%
2'A
2'A

—

_.

•

2%
17%

15%
a52

__

15 %

15

17%
a52

235

16

July

17%

20

100'A

Jun

106

20

108 % July
1.75 Jun

110

135

1,055
5

Jan

Jan

18%
14
—

3%

2%

9,253

2

May

4

Jan

80%

78%

81

465

71

Jun

103

Jan

1.85

1.85

250

1.85

Sep

4

Jan

21

21%

1,590

18%

Jun

23

Jan

10

42%

Feb

50

Jan

6 %

May

_*

&

Canada

Malting

Dominion

Sugar
Co Ltd

*

21%

•

Jan

Aug

Canadian

Jun

17%

52%

Jan

Canadian Food

Products Ltd

17

Jan

Canadian

Investments

a46 % a46%

Sep

50% May
14 % May

—

Canada Starch Co Ltd common— ——_5

2%

13

1,095

9%

250

8

Jun

30'A

680

27

Mar

31

25

42

Aug

46%

Jan

8%

41

33

41

com

6

%

8%

275

33

-

27

6%

30
5

25

Mar
Jun

8%
33

9

Jan

Apr
Feb

Apr

43

Fairbanks-Morse Co Ltd

Gen

Ltd

:_7

10% May

45%

1,270

38%

Jun

56%

Jan

18%

18%

8,328

16%

Feb

19%

Jan

13%

14

3,416

13% Mar

14%

Jan

25%

7%

Inter

Canadian

Pwr

Inv Trust

16%

16%

360

15'A Mar

17%

Jan

20

20

20%

1,363

19 % Mar

22

Jan

100

preferred

Canadian

16%

•

Canadian Industries common

175 "A

175 175%

45

170

Jun

178%

Feb

a90

15

100

Feb

101

Feb

5%

pfd—100
Canadian Light & Power Company. 100

a90

Apr

25%

25%

150

24%

Jan

5%

24%

25%

89

89

89

&

preferred

Canadian

25'A
25%

1
100

Canada

44'A
,

common

Ltd

Feb

30

30 %

Company

Preferred

Burnett

15%

9%

45

Brown

May

43

9%

Silk

Products

19%

Feb

25%

Sep

Canadian

Vickers

250

83'A

Jan

89

Sep

Canadian

Western

25

Aug

Catelli

25%

25%

25%

16%

Sep

16%

30

15% July

22

31%

32%

2,876

29

Jun

36

Jan

Ltd

21

23 % July

al.00

al.00

92

1.25 Mar

alO

alO

20

class

a21% a21%

10

A_^

Ltd common
Lumber

„

*

__

•

33%

Jan

2.00

Jan

Jun

9

19%

11

Jun

24

Feb

Jan

70%

81%

885

62

Jun

84

Mar

3%

3%

7,325

3

Aug

4

Apr

common..4'

a33%

a 33%

10

30

Feb

34

Jan

*

8%

8%

150

Sep

11

Jan

Co

—

3

3%

Jan

32'A

a23% a23%

com.7

7

Inv

Paper
—

I,490

__

61

845

61

19%

II,060

44

Jun

61

Sep

8

8%

780

7

Jun

127/a

Jan

47%

75

43

59%

16%

887

16%

Sep

13

125

11% Mar

13

Apr

19%

24%

11

*

7
19

Ltd

common—

*

8%

9%

Feb

1.00

Sep,
Sep

7%

7%.

10

cl B new.4"

1.00

1.00

100

100

Claude Neon Gen
New

Alcohols

Commercial
8%

Adver Ltd

35

40

50

35

Sep

1,875

2

Sep

6

4% Aug
Jun

12

Aug

18 %

Apr

preferred
Ltd

preferred
Bakeries

7%

19%

335

25

19

Jun

100

22%

Jun

143

16

142%

Sep

18

18

25

16%

Feb

11'

11

60

10% Aug

23
29

160

.

V

19%
15

common—_•

7%

Sep

of

Can

Jan"

Consolidated

18%

7:

1,100

19%

2,562

6

15%

2%

3
•'

Jan;

Consolidated

Textile

Mills

Ltd

4%

4%

4%

•

11%

11%

11%

525

7%

•

Ltd

Paper Corp Ltd

17%

15%

17%

13,017

13 %

com..4'

200

Jun

40

7%

Jan

Jan

9

9

600

8

July

12%

Jan

46

46

35

42

Feb

48

Jan

a24%"

a 24%

10

Jan

25

Jan

39%

40 %

375

36% July

69

74

105

53

Jun

74

Sep

11%

'-11%

200

11%

Sep

13%

Jan.

13%

Jan

Jan;:
Feb

Dominion

Engineering

Works
Dominion Malting Co Ltd

Ltd

Co Ltd."

Dominion

7

3

1,00 Sep

5

____

Consolidated

143
18

•

Products

Jan:

16%

Aug
13'A May

13

16%

Food

Chatco Steel Prod Ltd

Chateau-Gai Wines Ltd.—

56%
47

8%

7

Oilcloth & Linoleum

July

7%

Jan

Dominion

Square

Jun

22%

Jan

Dominion

Woollens

Donnacona

13%

13

Jan

40 7A

1,545

10% May
Feb

15

40%

33

41

19

19

2,540

17

Aug

23%

Jan/

85

27

Jun

20

Corp
&

*

74

7
Worsteds../

7<

25

40%

Sep

Sep

20%

100

13%

1,570

33

33

39%

39%

1,137

42

39%

.5

•

42%

11

Paper Co Ltd

Steel

Products

40

Jan

East

39%

Sep

Federal Grain

75

40

Jan

43

Aug

8

4o

6

Feb

8

11

375

•

•

15

15

940

Jun

20'A

Jan

•

5

5

5

175

5

Aug

7%

Jan

pfd——100

37%

37%

37%

5

28

May

5

1.30

1.30

1.40

1,425

6

6

100

109

110

35

Ltd

Jan

Kootenay

Fairchild

8

20

Eastern

34% Mar

19

20

21%
—

17

100%

40

7

Sep

Sep

Weaving

Mines

Flour

Corp

10

251

6%

25

19

5

—

Steel

May

21%

■

Apr

45

—25

com

4

21

102% 103

7

21

Jan

Feb

•

—

_

625

21'A

103

*

105

23%
14'A

Feb

*

common

100
-49

24

July

50

•

.

103%

pfd

24

19

31

•

Jan

Sep

24

635

100

19

Feb
Jan

7.25

(George)

21%

34

25

11%
17%

Feb

30

41%

•

Jan

5.90

Jun

34

25

10% Mar
16

24

40%

•

160
175

9,474

Corp common
preferred

Lawrence
1st

Feb

•

Tramways————

7.25

Lawrence

St

Feb

•

Oil

17

6.85

1,870

27

*

B——

11%

16%

7.25

2,175

2,620

100

;

11%
17

15%

23%

*

{John A)
Ltd—

Jan

30

Jun

•

7%
preferred
Lang & Sons Ltd
Lewis

com

60

29%

22%
35%

3

(John)

Jun

14%

45'A

7

Utilities

45%

30

100

_*

fernational Paper common
''International Petroleum Co Ltd

5,563

Gooderham It Worts—

25

25

of Canada

56%

Walker

25

100

preferred—

Apr

52%

Wabasso Cotton

25

•

—

Jan

16%

56%

------

38%

•

Ltd

42%

Jun

Feb

21

Imperial Tobacco of Canada
common_5
4% preferred

63

Jun

12%

Sep

15%

45

__50

Mining & Smelting

Aug

34%

37%

Jun

•

preferred

Hudson

56

895

23%

Jan

Goodyear Tire 4% pfd Inc
1927—...50
Gypsum Lime & Alabastine..._
*
Hamilton

285
980

15%

Jun

Jun

22

•

.

common

60%

39%

14%

Jun

Jun

100

Bakeries
Steel

Jan

60

38%

12

16

•

Mav

18%

14%

100

45

33

—

100

common

Jan

205

31%

100
:

37,

2,385

23%

*

—

Sep
Jan

16,116

120

•

Sep

102%

37'A

2,368

•

preferred

General

Sep
Sep

10

Apr

23'A

20

*_

*

preferred

General

11

8%

3,490

20

common

Power

Apr

65

101

15

.

39%

Feb

19

*

preferred

preferred

Jan

30

38%

1

preferred

26%

Jun

19%

•

Famous Players Canada
Corp
Foundation Co of Canada

Gair Co

Jun

27

36%

23%
,

a45% a45%

24
27

Weston

7

—

Heating

21%

19

28

;

class

Jan

19

preferred—100

Dryden Paper
Eddy Paper Co
Electrolux Corp

Jan

5% May
33

May

10

Jan

Jan

37

-20

—

Paper 4 % %

17

4% Aug
27

Sep
Sep

*

—_

102

High

18

20%

21%

—

23%

•

B

300

1,862

102

...

Tooke

25

__

-

Jun

3%

19

Dominion Stores Ltd
:
—7
Dominion Tar & Chemical common—7
C—

14

385

865

28%

Jun

38%

•

Steel

Redeemable preferred

2

28

common

class

15%

5

28

—

—•

& Coal

15%

2% Aug
24% Feb

4,501

25%

7

—

Steel

518

3%

260

5

.u

preferred

Jan

28

—

preferred—..
&

3

6,380

1,139

25

—

Glass

Jan

12%

.:7

Foundries

Jan

101 %

28%

31'A

——

B

Dominion

25'A

Apr

14%

—•

Dominion

5%

Apr

97%

10%

*

Consolidated Mining & Smelting

RV

27A

3%

—

24%

10

14%

•

Coal

2%

3%

32

550

14%

•

Distillers Seagrams
Dominion Bridge

25%
100

low

24

27

Transport

Southam Press

2%

•

A

985

12%

7

Glass

25
100

—

'■

20

•
•

Railway

•Crown Cork & Seal Co—
Davis Leather Co Ltd class

24

20

—

—

Companies

74

Rjuuge Since January 1

High

23

Apr

*

Cockshutt Plow

Co

Jan
Jan

21%

50
:

Locomotive

Canadian Pacific

Fraser

26'A

43%

_7

&

Jun

Jun

15%

Class B

Enamel

21

Jan

Jan

j

Foreign InvestmentCanadian Ind Alcohol class A

Donnacona

20c

17%

*

common

Celanese

Dominion

76

Sep

17% May

'

Cottons common——

T

Sep

10c

38%

A—•

Canadian

V

61

Shares

26 %

...

common

Ltd

for Week

23%

Co

Oil

>

27

•

corn¬

"lOO

Saguenay Power 4V*%

Sep

20

15c

620

•

common

Provincial

Mar

a64

4,699

*

Corp

Ltd

River

Quebec Power

Jan

Jun

43%

*

Power

Bronze

Dominion

26%

Sep

5%

21 %

•

Canadian Car & Foundry common
Class A

7%

Jan

42%

10c

Power

Power Corp of Canada
Price Bros & Co Ltd common

2nd

pfd.100

....

Dominion

25%

47

20%

—_w—~20

5% preferred
Canadian Breweries

Class

775

6,360

42%

common

Steamship

Consumers

7

Jan

21

•

Northern

Oil

42%

61%

Jun

41

43

—_______—•

$1.30 preferred

Canadian

26

942

a64

y

Canadian

51%

23

A

—

Canadian

Jan

Jan

19

•

Building Products

Canadian

■

23

-

Canadian

9

56

Apr

May

20

25

Corp

Canada

8

24

Oil common..

B

Canada

Jan

30

6 /a

--

Co__r_——*

———

Mills

102%

•

A

British Columbia Forest Products
British Columbia Power
Bruck

99 % July

•

class

Power

&

British Columbia Elec Co

Class

10

28

Paper

British Amer Bank Note
Brnish

Jan

*

&

Telephone

Brazilian

24%

50

50%

15c

Corp

Bathurst

Jun

Powell

Royalit*

7

—

19%

3,103

26

—

•

Jan
Jan

65

9

42%

—

50

17 %

20%

Jun

42

40

51%

23

pfd

common

Warrants

Bell

42

*

Anglo Can Tel
Argus Corp

8%

--

*

22

a99 lz a99 /z

—

*

———_

_

21%

—

High

9% May
16

Heat a

preferred
Page-Bersey Tubes
Penmans

15%

•

Range
of Price#

Low

...»

s'

Range Since January 1
Low

18 A

Products

Steel

Ottawa Light,

High

20

preferred

Agnew-Surpass

Low

-•

common

$1.50 preferred
Acadia-Atlantic Sugar class "A"
5%

Shares

Ontario

for Week

ef Prices

Sale Pries

Abitibi

Sales

Sales

Week's

Last

Sale Price

#

Par

Week's

Last

Par

STOCKS—

Fond*

Friday
STOCKS—

Friday

Exchange

2l%

2,370
25

10% May
16% Jun

23%

Jan

20

23

Feb

Jun

11%

Jan :

6%%

Power

Aircraft
red

Co

1%

Ltd

class

A—--A.—7

preferred

100

Fleet Manufacturing Ltd
Ford Motor Co of Canada class A

110

•

1.60

24

1,195

58%

57%

58%

1,495

49

May

59 %

23%

Aug

23%

23%

Great Lakes Paper Co Ltd com..

421

20

Feb

23%

Sep

Halifax

168% 168%

3

168

Aug

173 %

Apr

Inter-City Baking Company Ltd

Co

60c

•

7

...—.10

100

.

-

500

Apr

5 % May

13,650

Foreign Power Sec Corp Ltd com
•
6% red preferred—...
.100
Insurance

"V

99

July

1.25
V,

Jun

20%

Feb

20c
4

Jun

2%
26
25c

16

540

9%

264

8 % May

15

110.

Jun

11%

25

6%

6

5

Aug

Aug

1.55 Aug

Jun

5

.

40

Feb

Sep
Jan
Jan

Apr
Apr
Jan

10%

Jan

15

Aug

Volume

Number 4839

170

THE

COMMERCIAL

&

LISTED

CANADIAN
RANGE

Friday
STOCKS^

Week's

Last

Par

Investment Foundation Ltd
6%

convertible

Journal

preferred..

Lowney Co Ltd t Walter M>
MacLaren

Power

Melchers
Mica

&

Nuclear

Paper Co

Orange

Crush

6%

N

C

15

«

Ltd

Part

Aug

13%

Feb

30

13%

Jun

14 %

1.00

600

50c

\170
560

9

Jun

22 v4

8 % Mar

15 % May

9%

775

25

52

52

22%

22%

22%

Feb

4

856

Jun

15

Jun

104

95

Industries

Sangamo

Co

ttoutnern

Ltd___

Canada

Southmont

;

Pr

6%

Co

Invest

Union

Gas

Woods

pfd

100

Apr

17

Algoma

July

7

20 %

III

Metals

Bob's Lake

Jun

54
24

15

Jun

9% Aug

Anacon

10%

Gold

Mines

Mines

Jun

113 i
46c

13%

131

12 % May

16

25

25

200

25

35

Jan

57c

62c

25c

July

9

55,800

34c

34c

35c

2,500

6c

4%c

6%c

23,000

Euffadison Gold Mines Ltd

1

Lauaego Gold Mines:

•

Cartier-Malartic

Centremaque
Cheskirk

Gold

Gold

Mines

Consoldidated

Mines

Mines

Central

25c 27 %c

Jan.

Sep

3c

65c

May
15% Aug

Cadillac

Ltd—

Min

Aug

62c
65c

4c

Explorations Ltd

Cournor
Dome

Armistice

Duvay

Athona

July

Atlas

18c

Sep

39c

Jan

Aunor

3c

Jan

5'/2c

6c

60c

60c

l%c July
3%c

3,500

2

500

__

Mines

Ltd

4%c

1

July

4%c
30c

2,060

Jan

Bank

of

98c

Sep

Sep

3%cMar

30c

Sep

20%

Sep

15%

May
Jan

2,000

6c

Jun

Base

100

3.05

16,650

1

66c

63c

67c

9,000

42c

Jun

78c

8c

8c

8c

8,500

4c

July

10c

Mar

Inspiration

Mining
Mines

Lake

&

Joliet-Quebec Mines
Kerr-Addison
Kirkland

Mining Co

10%

Lingside

Gold

Louvicourt

Ltd.;

Mines

Macdonald Mines Ltd
MacLeod

Cockshutt

Mines

McKcnzie Red

Mining
Nechi

Corp

Cons

Canada

of

Goldvue

New

Jason

Mines

Mines

O'Brien

Gold

Pandora

Cadallic

Pato

Cons

Pitt

Gold

Mines

Gold

Ltd

Gold

Dredging

Mining Co

Ltd

Ltd.,

Quebec

Yellowknife Gold

Queenston

Gold

Quemont Mininf-Obrp
Santiago

Mines

Siscoe

Gold

Mines

Sladen-Malartic
St.adacona
Standard

Steep

Mines

Rock Iron

Sullivan

(1944)

Cons

Bevcourt

Trebor

Mines

Malartic

Vinray
Waite

Amulet

Westville

Wiltsey-Coghlan

General

Class

Petroleums

70C

79 c

7,600

65c

Sep

1.06 May

32c 35 %C

19,950

20c

34c

•
*

19

15%

15%

200

5%c

5%c

1,000

3c

15c

17c

6,000

8c

May

40c

50c

8,900

19c

May

2.85

Jun

31 %c May

Sons

class

B

11%

Jan

Jan

6%c

preferred

A

8%

8%
30c

5c

5%c

15

15

55

50 Vb

52

150

—

50
1

-

1,000

2.12

Jan

47c

11%

47c

11%

65

Jan

36c

Jun

47c

Jun

12 yB

200

8.50

64

14c

■

Sep

90c

90c

1,300

72c

Apr

90c

22c

3,000

18c

Jum

31c

Mar

58%c58%c

2,000

51c

Jun

2.45

2.44

2.07

2.50

3,000

1.72

1.45

1.80

2.10

13,200

5c

5c

600

__

3.10

3.10

3.60

2,400

6c

6c

4c

12,000

__

25%c

27c

3.10
4c

4c

17c

8,000

3c

4%c

90c
16

400

90c,
16

3c

May
Sep

11%

Jun

1,000

3.20

5%c Jun
35c

40,702

July

1.25 May

67c

14C

20c

May

73,600

25c

Mar

94c

41c

46c

895

41c

Jun

53c
8c

May
Apr

1.90

1.12

1.17

5,000

134

May

Jun

13 %c

24,000

8c

Aug

53 %c

52c

68c

246,400

42c

May

1.28

3.60

4.40

22,600

1.25 May

4.45

Sep

12c 14%c

2%c

1

i3c

2%c

1,500

9.50 10%c

—

825

—*

„

6c

7c

2c

8,500

2.44

2.40

2.44

Jun

4%c Jan

Jun

15

Feb

3c

300

Feb

10c

Jan

8%c

Jun

36c

Jun

2.50

Apr

4.05
_*

6c

4.05

5.90

6.00
•*

Ltd—.

3.80

6.10

1,600

6c

6C

4,500
3,250

.

6,100

2.90
■

Jun

3.85

Jun

5c

Jun

.-i.

1.30

1.25

1.30

*

80c

80c

80c

1,000

75c

Sep

80c

80c

8,000

72c

Sep

*

89 %c Feb

0.30
6.60

12c

11%C
1

10 %c ll%c
11

2.85

%c 11 %c

2.75

2.87

9,308
500

2,100

8.50

Jun

8c

Jun

2.10

Feb

Sep

Jun

25%

Jan

86

July

90 v4

Jan

97

May

101%

Jan

3

Jan

2>/4 Aug

50

Jun

10

5% May
Jun

6%

6%

100

28

28%

725

25

3%

3%

3%

3,460

2

Jun

21 %C

23c

10,000

18c

May

13

Jan

7
csi 00

July
sffl

3%
37c

Sep
Sep
Feb

Jun

53c

Sep

Jun

24c

Jan

12 %C

lie

13c

17,000

3:;8c

Jun

6V2C

6c

6%c

3,000

5c

May

9%c

Jan

31%

32

290

May

33

Jan

13

13

55

*

14%

14%

*

7%

7%

♦

Canadian
Red

Lake

1

Products
Co

&

*

class

class

B

A

__

■Wit-'

Cement

50

b'/a

Jun
Jun

5%c Jun
3.75

1,000

4%c

Jun

33c

35c

3,500

30c

Aug
Jau

Feb

14c

-16.60

4,300
385

22

Jun

26%

28%

28 Mr

27

Jun

30

46%
*

Power—

150

10%

10%

300

32

32

455

*

'

32

A—.

50

Feb

Jan

Jun

11

Sep

Jun

8%
.:29

33 V2

Jan

17%

805

17%

Sep

15%

441

12

Jun

15 V2

Sep

37%

177

33%

Jun

37»/2

81

90

79

30

30

35

24%

17

30

6%

6%

i_-_—

Bakeries

Jun

80

—~—

-10

Canadian Bank of Commerce;

43

Jan

6% Mar

15%

-50

class A

Canadian Breweries

4% July

37%

17
15 %

——

Cable

47

5%

*

class

15

Jan

3.75 Mar

3.50

40

Aug

9%c Aug
54c
Jan

25%
5%

Jan

Jan

25

28%

Feb

8%

3.10

5%

Jan

17%

20

—

Canners

2.70

Jun

14%

25

—

<fc

4,500

12,900

20C

•

B

Wire

10c
6.15

3.05

3.40

—

Packers

Canadian

12%

v. 70

7 %c

10c

•

common

Northern

Canadian

12% Jnlv

5.75

6.10

Flon

Class B.

■

27

w

Jun

35c

Flin

Preferred

'.

1.60

7%c

10c

__——.

Edmonton

&

Machinery
Malting

Canada

47C

49c

•

Steel

«•

:

24%

24%

24%

233/»

21%

23%

16%

8

Jun

5%

Feb

24% May

Jun

23%

•

Apr

Sep

13%

Jun

18

Jan

22%

Sep

25

Mar

210

13%

Jun

18

July

1,476

9%

Jun

14%

Jan

16%.

12

Aug

19

324

10%

May

31

22%

1,250

22%

83

Jan

106

24

16%

24

Sep

May

1,595
13,873

16%

16%

common

X

14% July

12

'

1st

preferred
Conv
preferred

—~

Canadian Car

-20

Class A

—

_•

common

Jan

14%

385

13

Jun

17

Jan

22

22%

1,735

19

Jun

22%

Sep

36%

37%

35

Jun

39

6Va

6

6 y4

225

22%

Products common——*

10%

'

Class'A

Jan

Food

Preferred

Alco

90c

Mar

Canadian

Locomotive

Apr

Canadian Malartic
Cos

preferred

III*

—,———

Canadian Pacific Railway

Jan

Canadian

Corp

9%
30

68c

"

common

Jan

Tire

•

"A" voting-

_»

.

'

\

■

150

:

May
8% Jan

4%

Jun

8%

Jun

13 V2

Sep

77

Feb

Jun

11%

Jan

24

Jan

10

10%

115

62

10

9%

9%

2,535

30

30 %

405

Jun

36 y4

Jan

70c

4,200

55c

Jun

79c

Jan

13%

265

12 y4

Jan

15%

66c

62

8y«

Feb

13%

13%

100 100%

35

97%

Jun

16%

15%

16%

11,098

1"i%

Jun

17%

27%

27%

30

22

Jan

28 y2 May

I100
-25

.

62

—i—ii—iiilOO

88c

Oils

;

14%

•

•

Canadian

5%

::

T

37

120

—

—

Celanese common

Indus

3.00

Sep

25%

10c

Jan

Jan

Sep

21'/4

24
m

15

4,900

11%

Jan

30c

Canadian

13%

11%

1.25

1,700

2.00 May

,14c

2%

Jan

Apr

10% Aug

11

J

28%

23c

Jan

2.12

2%

2%

22

60
.

5%c
45c
.

87,900

Jan

6.90

44,500

12%c 16%c

73c

Sep
Apr
July

Mar

1<%

300

89

100

19c

26%

Feb

25

—*

A

Canada SS Lines common

Jan

4.35

25%

Aug

r

•

70,800

Class

Jan

74c

May

53c

Canada

Sep

1.90

4c

22c

Canada

Jan

3c

1.35

43c

2.22

Canada

Jan

1.30 May

;i

25%

*

35c
i

-

1,395

88%

.

8.25 Mar

4,733

25j/4

*
class

Campbell Red Lake

Jan

3,500

2bc

:

Jan

^ Sep

54

-

18c

Canada

Sep

41c

42c

Jun

2.15

Canada

8,700

87c

7c

19%

Sep

46

22c

Preferred

35c

*

Calmont Oils

Sep

75c

——

15

f

2.22

Calgary

Jan

3.35

21%

25

100

Oil

Calder Bousquet

Jan

29c

1

Jan

—1

Callinan

Jan

48c

Sep
Feb

Ifir

—1

Burns

Feb

85c

1.17

8%
33c

III

Burrard

1.20 Aug

35c

*

Feb

May

18c

*

Building

Jan

16%

Products

--v.

Power

Buffalo

Jan

7c

89

pfd——

Packers class A

Buffalo

8c

25%

35

100

Forest

Dominion

Sep
May
Jun

Jun

Sep

8 80 Aug

Buffalo Ankerlte

Jan

90c

9,000

2.65

8c

9c

500

40c

__

43 %

Broulan Porcupine
Buffadison Gold

Feb

4.05

32,000

6%c

2.10

Jan

14% May

3%c May

2,700

25%

100

35C

26%

20%

21

•

.

Class B

British

Jan

Sep

July

40c

3.70

Jun

2c

5%c

2.73

Jun
Mar

v75c

com—*

Electric

Columbia

Burlington

95,400

3%c

Jun

Pwr'

Class B

Sep

22c

35c

25

common

*

26%

preferred—

preferred

British Columbia

Jan

*

-25

Columbia

British

Aug

90c

—

"referred

Sep

22c

A

Oil

British Columbia

51

3,000

Cordage

American

4% %

2.90 Aug

a64 a64%

class

Light &

Jan

2.75

5%e

5

Jan

23

3

Jun

5.00 Jan

9,300
9,100

*

preferred

British

British
70c

2.75

a64

65c

Jun

July

38% Feb

275

26c

1

Brazilian Traction

Jan

45c Jan

1.75

»

500

1

Millen

Brantford

15% Aug

Jun

Sep

3%e

8.50

*

Gold

Gold

&

6.25 Jan
55c

1.45

26%c

8,799

8.50

—

12

9.10

Brand

200
500

200

1

75

43%

17%

175

13%

42%

43

19%

13%

13%

.

Sep

1.45

6




37% Mar

Jun

1.45

.—1

44.

Jan

2c

44c

49c

—-

page

35 %

25c

4.10

__

*

footnotes see

215

25

Mines

Canadian

For

37%

915

1

;—J

37 V*

2,500
4,349

1

—A.'..

Apr

37%

26c

800

Ltd

"A"__

Jan

36 %

9.50

12,100

Gaspe Oil Ventures Ltd

26%

3%C

7c

Ltd.

Jan

Jun

34% July

25c

1.90

Co

lie

25

485

*

Gold

Canadian

Oil

4%o Jun

1,825

36%

10

Kirkland

Preferred

Homestead

2,500

26%

36

;

'

Aug

Oil Stocks—

Cons

7%c

26

7c

9.10

1.88

Anglo-Canadian Oil Co Ltd
Calgary & Edmonton Corp

7c

26

2%c

44c

Feb
Jan

36%

1

25c

4.10

__

10

27c

Jun

10

-

Hats

Jun
Feb

4.00 Aug

5% July
14c

2%c

7c

Wright Hargreaves Mines Ltd.

100

13,750

1

1.74

Mines

7

Sep
Jan

jttc

Jun

*

1.80

Ltd

7
18c

Jan

104%

May

3.00

Jan

-

11 %c

Sep

10c

Jan

Apr

10

Scotia

Bordulac

1.55 Aug

1.90

Ltd

1,800

18c 19 Vac

103

9,000

•

Feb

1.80

Mines

18c

3.65

Bralorne Mines

Sep

1.35

1

5-:

103

14c

3.50

Boycon Pershing
Boymar

42c

1.200

.

1

Ltd...

103
17c

3.50

May

Sep

1

Mines

Mines

Jun

8c

1

Ltd—

6c

8c

14,000

,

Mines Ltd

8,600

7%c

l7c

•

Ltd

25c

15c

42c

1.38

1

United Asbestos Corp

Upper Canada

Jun:

50c

17c

1

Ltd

12%

8c

*

Mining

Ribbon

Bobjo

I

Torbrit Mines

94c

9% Aug

500

I

Ltd

Ltd

May

3,395

Jan

13%

11c
May
2%c July

1

Mines

Mines

8,500

Sep

May

9%c Jan

10 %c Mar

Ltd...

Mines

Gold

76c

9%

9%

500

1

Ltd

70c

9%

15 %c 15 %c

71c
15 %c

14,100

1.36

1

Ltd—:

Mines

18c

4%c Mar

1

Sherritt-Gordon Mines Ltd

May

1

^

Bidgood

18% Aug

50c

Ltd

9c

36,100

55c

*

Ltd

Mines

Senator-Rouyn

14,200

43c

Feb

...1

Ltd

13c

3%c

Jun

Ltd__l

Mines

12c

13c 14 %c

14%

—1

Quebec Labrador Develop Co Ltd
Quebec Manganese Mines Ltd..—

Jun

37c

2%c Jun

1

Ltd

3c

10% May

3%c

26c

__1

14%c

355

9,000

42c

600

1

Mines

Jan

3,900

3 %c

SMJC

1,000

58%c

8c

12c

11%

3%c

1

8,300

•

Ltd

7

30c

1

54c

1

Corp

A—

Power class A

Bertram &

Jan

Jun
Jan

2,015
38,000

1

Ltd

Metals

23c

5'/4
8c

7

Bonville

1

Ltd.:

Mining

16c

23c

Bonetal Gold

9%c Feb

17%

__

14c

6V4

Apr

8.75 May

167
300

Aug

19 %c

23c

670

1

Ltd

14c

12y2

10 V2

51c

*

May

Jan

15c

Jun

10c

7%c

May

5c

Blue

17%

5

Ltd

Co

Biltmore

al5c

Ltd—1

Dredging Ltd

New

Normetal

Ltd

Lake Gold Mines

3c

3,000
5,700

Sep
Jan

1

Mclntyre-Porcupine Mines

1.500

;>

Feb

1

Malartic Gold Fields Ltd

—

8c

51c

1

Gold

Aug

9%c

17%

__

lie

Jan

70c

Sep

3c

1

4%c

lie

10%

Feb

Jun

42c

1

Ltd-

4%C

Jan

8.65 Mar
22 %c

8c

3c

15%

18,800

5.30

3c

42c

1

Ltd

Goldfields

Jan

9.95

*

Mines

100

40c

37C

Jun

500

3c

1

9.35

36c

-

2.85

36,275

Apr

3.45

al5c

Ltd__l

Mining & Explor Co Ltd
Lingman Gold Mining Co Ltd

9.35

'■

4.10

1,000

42c

Lake

Shore

2.68

Jun

1.65

1

Ltd

3.60

8c

1

Labrador

Lake

1.85 May

1

Mines

Gold

Jan

4.05

6c

1

Ltd

Gold1

Lake

Dev

Ltd

68c

8c

__

Jack

Jun

6c

__

__

16c

100

Toronto

Bathurst

Jan

1

1

9,000

1

Consolidated

Rights

2.49

l

Jan

23C 27 %c

*

Eeatty Bros
JbeJl Telephone

16%c Jan

2.55

5

Aug

20c

27c

,_1

.

——

2.49

Ltd..

25c

Jun

13c

Montreal

Barymin

7%c Apr

10c

3.00

Mines

May

9c

10c

.

class

16c

1

Hollinger Cons Gold Miues Ltd
Hudson-Rand Gold Mines Ltd

26% July

12c

6,500

(1937)

of Nova

1

Graham

25 y4 May

5,300

13c

11%

Mines

of

Limited

Goldora

Fabric

Bagamac

Bank

Ltd

Ltd

105

21c

1

Bankfield

Mines

Ltd.

26%

—

A_

Gold

Jan

Mines

Mines

26

11%C

—

3%c

class

Gold

Aug

Sullivan

Mines

Jan

7

Ault & Wiborg preferred—

10c

Malartic

Gold

Jan

61%

Jun

23c

i

88c

10,000

20%

40%

Apr

5o

20 %c

*

3%c Sep

1,000

25c

85c

Jun

May

12c

*

.

67c

East,

Eldona

1,350

—„

Jun

East

Formaque Gold

51%

55c
35

21c

1

4%c Jun

5,000

loc 10%c

50%

1

.

43c

17,000

19%

__

51'/a

common

Bank

__

695

Jan

•

Mines

Aubelle

Auto

2,100

20%

41

Jan

13c

4,000

7c

Jan

9%

Jun

1

Oil

.

Aumaque

Jun

oc

5c

6,500

39%

7%

1

Yellowknife

Sep

18c

95c

73c

—

25

Steels

Alias

9%cMay

Feb

2c

*

pfd

Mines

Mines

Mines

25c

7c

1

Ltd

Gold

Canada

of

Hardware

Mar

l%c

! 99

160

-

Jan

•

Corp

5c

7c

1

Mining Co Ltd

Mines

73c

•

Mines

Argus

.

Cortez

70c

1

Larder

Arjon Gold

42,500
1,000

4c

425

%

1

Feb

65,000

88c

9

Porcupine

4c

18c

__

8%

;>?--/■

•

Jan

54c

lie 13%c

4%c

103

Yellowknife

Rouyn

Jan

l%c

Ltd.l

July

Sep

20%c Jun

18c

Ltd—1

Co

100

1

Jan

8%c

13c

100

•

Canadian

3c

1

Mines

Duquesne

65c

7%c

.

—————100

Lead

500

1

Mines

17%c Jun

26,500

1

Ltd

Ltd—:

Beattie

Consolidated

Ltd

8c

Jan

Knife

Atlantic Oil

J.

25

Asniey Gold & OU

62c

3c

Jun

•

Area

Jan

3c

19%

High
17

Mar

13

27%c.

1

1,405

Apex Consol Resources

Apr

Jan

41c

400

1

Ltd

21%

Aquarius

108

2,700

*

Ltd

Jan

.21%

Anglo

Jan

30c

1

Mining Corp Ltd
Gold

20%

Anglo-Huronian

18% Jan

14%

•

„.

1.

Co.

American

Ashdown

Corp

Jun

Low

9% May

2,265

•

Jun

14

__

16

:

Amalgamated

Feb

Feb

25c

__

*

Bouzan Gold Mines Ltd

Uonsol

12,271

1,650

Ltd

Aluminum

Jan

Mar

Stocks—

Metals

Bonville

20

44c

__

*

Anacon Lead Mines
Ascot

110

19

9

Steel

Aluminium

Mar

12%

125

43c

15%

•

——;

Akaitcho Yellow

Sep

II

51

105

lO'/g

110

__

*

16%

10

44c

•

Ltd

Ltd—

16

__

*

Manufacturing Co Ltd

Mining

Base

__

1

Canada

of

Hotel

__

Ltd

Trans-Television
Windsor

*

—*

Ltd..

14%
18%

Agnew-Surpass L.

Anglo
Russell

15%

18%

•
2o

Acadia-Atlantic class A

Jan

Range Since January I

High

Paper common—

Preferred1

Shares

Loto

$1.50 preferred

Sep

9%

&

for Week

'

Jan

73%

Range

ef Prices

Par

Abltlbl Power

Sales

Week's

Last

Bale Frio*

1.10 Jan

Mar

12%

25

52
-

Feb

65

380

Jan

..May

75

6%

16 %

Friday
stocks—

Jan

FO

16%

Jan

Jan

c,

15%

Jan

12%

17

103% 103%

Jan

14%

39%

10%

6%
;

8%
51%
...

Exchange
Fudi

Canadian

Aug

17

—

preferred——50
Quebec Pulp & Paper 1% red pfd__100

11

15%

6%

2nd

32

100

10%

__

.*

200

73%

__

let pfd—100

34

lli/2

72

__

»

Ltd

14%

14%

73%

«

Corp of Canada 6%

Apr

49

1.00

__

Power____"___10

Ltd

Service Stores

Power

10

*

Light &

8

15
50

11%'

5

Ltd

Enterprises

15

14

34

pfd--.10

Royal Rice Mills Ltd

Newfoundland

"

Toronto Stock

High

a50

*

6r,c

1

Ontario

Corporation

Mount

Co

Ltd

Low

8%

14'."'.

14%

16

Range Since January 1

High

8%

__

•

...

Canada Ltd

Minnesota

Paul

Paper

Distilleries

01

Moore

&

Shares

a50

l.50

Publishing Co of Ottawa Ltd.*

(1117)

MARKETS

SEPTEMBER

for Week

Low

common..*

FOR WEEK ENDED

CHRONICLE

Sales

Range
of Prices

Sale Price

FINANCIAL

101

Feb

Jan

41

.!■

,,i

.■

v-

THE

(1118)

.

•

.

•

COMMERCIAL

&

CANADIAN
Friday

Low

Cardy

Utilities

Corp

Cariuoo

7fe

7fe
1.10

7fe

165

7fe

Sep

1.15

1.15

1,200

1.05

Sep

1.50

1.70

1.71

1,900

1.40

Jun

1.75

Sep

70c

78c

Mines——
:

—

18c

Centremaque Gold
Steel

93c

—1

I8V2C

1

—

Preferred"' .———-i.—.-—-i—
Researcn
—

——

Coastal

Oils

Coin

Petroleum

98c

20c
1.35

685

•

2.60

13

12%

B

class

23c

5fe

11c

12c

life

11 Yz

HV2

500

65c

57c

67c

4fec

4fec

78c

1.00

78c

6c

6c

Jan

30c

Apr

7c

Exploration

I,600

12c

Preierred

—

38c

Fet>r

11%

Sep

70c

1,000

4c

Sep

31,505

42c

Apr

9 fee May
7%

v

Cresoaurum

Mines

Hi

—

Pershing
Nest

Crowshore

July

8

1,931
30

6

9

30

2

156

168

1

5,000

5fe
22c

59c

65c

16,600

50 %

100

9Vic

7,000

9c

23c

8 fee

Red

Lake

Red

Electrohome

Foundry

7c

Steel

50

7fe

80

14Vic

15c

7,800

1.62

1.75

5,100

A—0

7c

1,500

5c

Dominion Magnesium"—
Scottish

Inv

Steel &
Dominion Stores
&

loc

Jun

43c

Aug

23

5%c

10c

c

40c

2,000

27c

27c

25,300

20c

—

Duiama

Gold

18%

19%

2,395

14%

Jun

19% Aug

20 Yz

19 Yz

20%

7,075

15%

Jan

20%

26%

26 %

27

445

Feb

27

3

3

700

25

24%

25%

530

24 fe

2%

Mines

35

43

Jan

13 fe

Jun

17%

Jan

815

21 fe

Feb

28fe

pfd__S23.50

21%

21

21% "

405

Apr

22

Feb

fc

11%

12

May

——

11%
:

.—ii.

A—

ZZ"

Ltd

Jan
65 %c Feb

25,600

5C

12

Jun

7c

4,000

5c

July

22c

3,100

19c

2.60

2.40

2.61

27,968

-1

3.05

2.55

3.15

49,800

1.83 May
1.62 Jun

5

4%

5 Ya

575

4% Aug

.20

Feb

17c

Jun

6fee

Mar

25c

Sep

-1

Jan

16c

Sep

10 %c

Jan

38c

jun

2.70 Apr
3.45 Feb

7%

Feb

15

15

50

13fe July

17

Jan

43c

46c

12,150

30c

Jun

48c

Aug

—1

65 %c

61 %c

71c

88,150

41c

Jun

77c

Jan

J

17c

18c

II,629

17c

Sep

25c

8 fee

9%c

6,000

4c

Jun

12c

Jan

10%

10%

275

10fe

Sep
May

—1

38c

*

—

14%

830

13 Yz

36%

440

5%

8fe

Power

5%

1.08

1.15

75

9c

9c
9

1.70

600

3

3

100

23%

23 fe

24%

1,921

fee

8 fee

8 fee

4,000

2.25

2.20

2.25

*

2,175

Products
Steel

class

A

common-

Preferred

—

Giant Yellowknife Gold Mines—

103%

109%

17%

101%
6.85

1

3c

42c

10

9%c

100%

78.

.

.

7

49c

13

I

10

2 fe

6%

Sep
Jun

8c

2c

40c

;

Jan

Jan

Gold

7c

Apr
Jan

Feb

2.90

Jun

Jan

18

July

Sep

106 fe May

Jun

110% May

Jun

:f

7.05

Aug
July
May

2,500

14c

Jun

11c

Mar

Aug
Apr

3 fee

July

74 fee

V

Jun

9c

Sep
Sep
17% Sep

102

Jan

4,700

Golden

Manitou

Goldhawk

Goodyear
Gofdoii
Class

—

Tire

1
•

Porcupine

Mines

preferred

Mackay class

v

1.85

1.75

A

B




50

5fec

4 fee

5 fee

19

'

51%

10

19

19

v 5c

9,075
5,000
21,000

51%

9%

-"T

*
—

•

.

1.95

4c

4c

5fec

-

11,600 t i

Jan

25 fee 28 fee

Jun

4c

Sep

3c

■

750
50

Jun

1.55

"

"

:

4fe

Sep

80c

Jan

765c

Jan

25c

Jan

-

17-fet Mar

-

Jun

4c

28,000

9%

17

vJan

7%c

'

Feb

4.50

July

8c

9fe

3.50 Mar

15c

260

Mar

9fe

3,500

Jan

35c

Jan

10c

July

9fe

40

54c

4,066

35c

Jun

7c

7c

500

6c

Aug

9fe

100

lOfe

10

Sep

12

Jun

5c

51c

10

'»

Jan

•'

10

7c

54c

-

Hinde

Dauch

&

10

Sep

•'

'10% July
83c

13c 14 fee.

59,550

6c

May

35,000

6c

Jan

7:. 9c
Aug
.12% Mar

Sep

lie 12 fee

Mar

Mfg class
Hcllmger Consol
Homer

14 fee Sep

9.90

lOfe

5,012

6c

5c

6 fee

20,900

13c

12c 14%c

109,750

30

50

36c

34c 36fee

27c

*
1

Mining

1

Indian

Bank

Jun

50% Apr,
9 fe Aug
19

Sep

32c
'

Sep

Jun

39c

Jan

38%

Jun

57

Jan

2c

Jun

4c

9,000

8

300

8

8

25

38c

Apr

,

6c

Jan

6fe Mar

8

Sep"

8

Sep

9

Jun

Lake

H eo

30

Aug

0t

30

715

27 fe

Feb

18 fe

9.358

16fe

Feb

19%

13%
1

29%
18 %

0

*

14

1,144

13% Mar

14%

25 fe

25%

300

24%

Jan

25% Aug

3c

May

7%c Jan

5c

5c

500

*

24 fe

24 fe

24 fe

200

20 fe Mar

6

7%

7%

7%

66

7fe July

1

42c

40c

43c

11,300

1-

Industrial

Acceptance
(John 1 & Co

International

common

Bronze

International Metals

Preferred

Powders
class

com—*

A

International

Nickel

International

Co

6

50

4fe Aug

7fe

Feb

24

415

21fe July
99% Mar

25fe

Jan

25

101fe

Feb

32%

31 fe

32%

8fe

7%

8%

2,621

lbc

22c

28,500

16c

7c 10 fee

62,500

3%c May

13c

15c

15c

1,000

Jan

5 fee

500

9c
July
4'Ac Mar

19c

5 fee

8c

Aug

Jacknife Gold

_•

8c

.1

15c

Mining—

Mines

(1939).

2,800

J M Consolidated

.1

2c

2c

Joburke

.1

24c

21c

24c

53 fee

48c

55c

.1

6%c

6c

6%c

3,000

Kayrand Mining
Kelore

Mines

2c

500

36

Jan

Jun

7

44,700

Gold

Quebec Mines.

Jun

29

12,600

.1

Joliet

Feb

Jan

6

1'lC

Waite

Sep

9

.•

.1

Jack

24fe
54c

Jun

.•

common-

International Uranium

Jellicoe

30c

23%

__

23%

100

Petroleum

-

*
.

100% 100%

|

*

.

———-

13

Jan

52c

Jan

Sep

lfec July

3

Sep

fee Apr

27c

Jun

26c

Jun

55c

Aug

4 fee

Jun

14c

Jan

July

23c

Jan

32fe

Sep

15V2cMar

-•

10c

Kelvinator

-•

32

32

32

75

Kenville

_1

8c

7 fee

8c

6,000

5 fec Mar

17%

17%

6,115

14 %

Jan

4%c

4%C

4,000

3c

Jun

10c

75c

80c

2,300

41c:- Jan

95c

Gold

Ken -Addison

17%

10c 11 fee

Kirkland

Golden

Gate

Kirkland-Hudson

Kirkland

Lake

Kirkland

Townsite

Labatt (John)

1.50

1.50

26,690

17c

Labrador Mining & Exploration

Laguerre

1.32

18c

140

Jan

65c

Jan

7,000

3c

3%c

2,500

3c

Sep

5fee May

44 c

46c

6,100

30c

Jun

64c

8c

8c

4,566

6c

Jan

12c

Feb

14%

15%

2,620

lOfe

Jan

15%

Aug

6,990

34c

Jan

53c

Aug

Mines-

15

Lake

Wasa

Mining-

46c

Mines

Jun

2.65

1,000

2.00

6.75

1,100

5.80 Mar

4c

4c

800

'

3c

July

1.45

Sep

Jan

2.85 Aug

7.00

Aug

5%c

Jan
Jan

6 fee

Mines

7c

2,500

5%c Mar

12c

4c

4%c

21,000

2'Ac July

6%c Aug

4%c

Secord

15

Leduc-West

14%

15

530

13

Jun

63c

63c

700

53c

Jun

1.22

1.15

1.25

21,700

95c

May

55c

-7—

Leitch Gold

46c

Mayj^

6.50

—

Lapa Cadillac
Lapaska Mines
"U"

42c

2,210

2.60

Gold

—

Long Lac

70c

15% Mar
86c

1.25

Jan

Aug

A.

Goldfields

.1

Gold

May

1.08

Jan

30

370

27

Jun

31fe

Jan

29%

30 fe

410

27%

Jun

30fe

Sep

8c

Jun

45c

..

Jan

20c

22c

6,100

10 '/2c

Jan

24c

Aug

13c

14c

3,000

8c

Jun

16c

Jan

2.44

49c

2.65

15,200

1.90

Jun

2.70 Aug

40c 49 %C

47,400

21c

May

74c

Jan

5%c

6fec

37,500

5c

Jun

13fee

Jan

15c

Macfie Red Lake.———

15C

500

15c

Jun

34c

1.37

1.55

57,900

77c

Jun

8

Jun

River

MacLeod-Cockshutt

Gold

Mines.

1.46

MacMillan Export class A——

Class B

9

6%

7

3.00

2.81

3.05

12,270

26c

22c

30c

15,800

2.78

2.56

2.79

30,600

2 fee

Maosen Red Lake Gold Mines—
-1

Consol
Gold

Fields

Eastern

„1

I

2c

2 fee

3,000

20

McColl-Frontenac

common-

Preferred

.100

Red

Feb

McLellan

_

Vic

4'/8C

1,000

18%

19%

6,085

25

115'

13'%

4

1,450

64%

93

94

20

10c

94

•

—5

Gold

16c

—

2,536

24 Yz

4V'8c
19%

common

Preferred

McDougall-Segur
Mclntyre Porcupine

*

12%

1

Martin-McNeely
Massey-Harris

25

9

9

—;——

&

24,100

.-I'

2.65

Mines

17c

21c

•

Mines

15c

16c

.1

Yellowknife

MacDonald

13,700

29 fe

72C

class

B

Louvlcourt

75c

29%
30 fe

Groceterias

Manitoba

Jan

6.50
2.85 May v
2%c Jun: •777 5%c

Aug

82,800

Shore

Magnet

23 fe

98c

Lake

Macho

22c

Aug

5fec

Llngman

Lynx

•

May

75c

Rowan

Lunward

1.67 Jan

11c

19

84c

Lake

Class

Apr

4.15

Lake

Little

Jan
:

4.00

Gold-

Loblaw

Aug

8C

Fortune

Laura

J

Feb

18 fe

44c

Lake

Larder

'

4.10

Mines

Luz

Jun

1.19

-

13c

5c

Dufault

Lamaque

-

Feb

26

1,500

19%

Gold

Lake

La

7c

4,300

19%

Ltd

McKenzie

10c

500

6

2.40

16c

Jun
Jan

Jun

2.02

Jan

2c

Aug

3c

15%
23
10 fe
90 Yz
ac

1.79
10

Jan

Sep
Jan

7fe

Jan

3.1o

Aug

30c

2.95

Jan

Aug

4%c May

Aug

6c

Feb

Jun

22%

Jan

July

27fe

Feb

15 Vs

Jan

Jun 7
Jun

98 i

Aug

17fee

Jan.

Feb

64

64 fe

1,290

50 Yz

Jan

66 Ya

Aug

47 c

50c

8,200

30c

Jun

61c

Aug

Apr

Lake

1

50c

1

Red

9c

Jan
Jan

Mercury

Feb

Mid-Continent

5c

Lake—

10c

McWatters Gold

3.15
12 %c

9fee
53

"10%
22

...

Feb

30%

23 fee

7%

10

Oil

19 fee
;

Sep
Mar

.

Jan

llfec Feb

2,050

*

B

12c
28

Feb

12fe

-

"4M;

30c

3 fee

3 fee

Jun

45%

*

A

4c

44 fe

30c

45 fe

•

—

class

Ltd

Class

Smelting

<&75 May

9%

18,000
1,000

*

Malartic

Hunts

30

-

Sep

"-19fe -Jan
:;7 7

Jun

-1

12»/2c

/

Sep

<

10%

Howey Gold

Hudson Bay Mining &

,

-

Sep

8

-5

Howard Smith Paper com

Hoyle

715 fe

60

8

„1

Mines

Gold

375"

16

A—

Yellowknife

Hosco

15 fe
8

16

_i———

Holden

Jan

56c

"'

•30
J

14

24,300
100

—

21%

Jun

8c

6c
4.25

14c

vfaiertic

80

Sep

29c

7c

••

870 7

15 fe

4fec

11 fee

McMarmac

Goldora

Sep

Mines

Heva

Macassa
Feb

11c

May

13,150

11c

Sep

26

99 fe May

4.75

.

Jan

9%c Sep

Jun

10 fee

10 fee

1

116

16 fe Mar

1,000
8,500 "

Jan
,

8fe

IO8V4 July

1,000

3c

16

May

16 fee 16 fee

1

Goldcrest Gold

16

6,461

.

7c

1.75

495

6.90

51c 52 fee

43c

7

100

7

•

Mines

18,000

17%

9%c

51c

Gold

80

21%

6.50

9%c

3

20 fe

M5

101% 101%

1

Oil

8fe

357.7

16

.

Jan

37

1.30 Sep

20
7\7:\

21%

21%

•

1

Gold

18

104.
109 % 109 %
78

0

-II100

!

Lake

18

104

1

Mfg class A—.

Wares

18

100

pfd

Jun

98% July
4c May

100

1.60

5

30,600

9

100

Petroleum

General

6 fee

1.60

preferred

General

Jun

5c

7c

Jan

4.50
"

4,940

*

com

60c

30% Aug

1.15

Exploration

life Mar

3.10 Jun

14

8

Gatineau

27c

35%

8fe

Gold

Power

5,080

14%

A—i

Gatineau

3,012

4.25

35%

1

1

Frobisher

40c

3.90

4.00

common

class

16c

15,500

28c

July

_25

Insurance

common

2,050

6c

3% Mar

100

*

Jan

46c

—

Kirkland

Goldale

13fe

Jun

21c

"lOO

Lake

67,300

12 V2c 14 fee

15c

6c

A

Francoeur

God's

9%

1#700<

21c

Fleet
Manufacturing
Fleury-E'issell common

Globe

50

9 fee 10%c

13 fee

Nickel

Products

Glenora

17c

—V-

Preferred

Gillies

9 fee

•

Jun

11% May
"35c May

29,850

9%v

10c

10%

175

57c

17c

—

General

5lc

9%

a

1

I,005

—1

Grain

5 fe %

53c;
9%

Players
Fanny Farmer Candy Shops-

Motor

12

19%

Jun

—I

Famous

Ford

11%

life) 11%"

•

41

_»

Life

22c

5c

Sep

44

—————

Falconbridge

Federal

Jan

1,691

Eureka Corp

Fibre

14%

Jun

17

Gold

Federal

8

44

Steel

Equitable

21c

—-

Gold

Gold

•"

28 Yz

Mines

Sol

500

10

Apr
Jan

28

Eldona Gold
El Pen-Rey Mines
El

9%

Sep

3fe
27%

Apr

22 fe Jun

161/8

-

class

Eddy Paper class
dlder

10

*

'

Sep

28 Yz

East Malartic Mines———
East Sullivan Mines

Eastern

Mar

32 %c Aug

16%

——.

Mudge

Leduc

Jan

18%

-

Duvay Gold Mines-*—..-.
East Amphi
East, Crest- Oil".
East

Feb

46c

Jun

'

Mines
&

Jan

15c

May

24c

-

l.'<6 Aug

ll

37

Feb

33c

Jun
OtX

Jan

-^9%

6fe Aug

B——25

class

common

Dominion Woollens
Donnell

Jan

Jun

16c

20

26c

preferred-—50

Coal

Chemical

Dominion Textile

—

-

Aug

Highridge Mining

Feb

•

Dominion

Donalda

Jan

14c

Jun

—1

May

6c

4.25

1

——

May

52

Jun

4,150

——*

Si

A

65c

Feb

40c

i

Tar

Sep

10

Dominion

Dominion

Jun

*

Dominion

Dominion

Sep

15fe

2

Dominion Bank

45c

47,629

__

Imperial Tobacco of Canada ordinary.5
4fe preferred
25

28c

45 fe Mar

40c

Distillers Seagrams
Dome Mines Ltd

1,000

10c

_•

Jun

16c

30,000

1

55c

7c

—III

Inspiration Mining

11c

Lake-

Hasaga
Heath

Mines

Jan

7c

Yellowknife

class

Hartz

'

Gold

30c

23c

_

Apr

55c

14%

Gold

Feb

15c

Delnlte Mines

Jan

8c

5%c

Carpets

6

20 Yz

Ltd

16
40

55c

1

Jan

5%

1.70

Oils

Jun

July

4'/2,

—1

Inglis

22c

A.

9%
34

4fe

Alabastlne:

&

Imperial
Imperial

Apr

100

Jun

7%

class

180

6c

Jan

21

Sep

loc

500

4,630

1

Sep

1.45

13% Aug

100

50 Ya,

B

Discovery

100

20 Yz

Petroleum
Leather

16 Yz Aug
17fec Jan

Feb

156

Sep

5fe

10%c

•

Mines

i^Aragon

18

28c

9 fee

Sep

40
10

60c

1

fe
2fe

Jun

60

1

Lime

Rock

Hugh

148 fe Mar
76c

100

life
35 fe

1

—

Swayze

Harding

Jan

100

6%

23c

50 %

.100
—

Jan
Jan

22c

1

Coal

Patricia

12c
123

,14fe

—1

-

Sep

Jun

81

18

5fe

1.00

Jun

II,360

23c

Aug
18 fee Aug

5 fee

14 Yz

14 fe

„

5,000

6 Vic

100

«

Sep

Jun

1.20

.100
—

20c

Jun

18

-—

Jun

40c

1.15

common-

Jan

1.25 Aug

Sep

153

1.15

6fe

Jun

2,834

Jan

1.60

Jun•

•

85c

98

154

.100

1.24

Jun

1.32 Aug

6%

99

A

Imperial Mills-1
Cournor Mining
—
Craig Elt common.il....

High

Feb

Sep

Feb

5

5,000

10%

Hendershot Paper common—

July

64c

37,800

—1

Jan

4c

100

14c

14%

17e

500-

12c

*

COsmos

500

34 fe

1'

Lake

Harricana

Jan

2.98 Aug

Jan

May

Mines

Gold

Hard

Sep

36c

Sep

2.00

11

2,000
5,000

'68c

_

Corrugated Paper Box

Dexter

27c

4%c

12c

—1

„-—

10 fe

12c

2,650

12c

35

1

Gypsum

Jan

5%c

9

Press

Consumers Gas

Detta

1,570

Mines

Lead

Hale row

1.75 Mar

Sep

24c

500

6,905

13

1.15

Consolidated Mining & Smelting.

Decaita

24c

2.80

"

1.05

Consolidated Homestead Oil

Consolidated

Low

16c

11%

•
*

Hallnor Mines

Feb

20c

May

1.25

500

-—2

—

10c

2.85

Sep

2 fee Jun

2,000

1.45

1

Cadillac

Class

50,030

4c

24c

1

2.80

•

1.90

1,500'

1.25

1

Central

Davies

2.20

•

common.

Wire

Gwillim

Jan

1.90

Paper

A

Gunnar

Mar

10c

1.10

Duquesne

Jun/

May

3 Ya C

Mines

Consolidated

5fe

May

1.45

Consolidated

Range Since January 1

High

12c

__

Guayana

Jan

4c

5fe

Mines

Shares

Jan

7

41c

—

Beattie

,

15c

__

*■

is.——7-

Greening

Jan

11

Sep

8fe

15,000

68c

Mines——

13fe

3%c July

8,000
153

43/4C

Bakeries

Davis

'

8'/2

20,150

:

Ansley

Low

1

—

of Prices

*

Hull

6

—-—

Consolidated

Croinor

7fec

Preferred

,

July

32c

6c

25c

consolidated Astoria

Crow's

Jun

5%

<—

Consolidated

Conwest

14c

20c

«

Coniagas Mines

Class

17,000

65c

Or

National

Consolidated

21c

Lakes

Ureat

Jan

58c

——

Coniaurum

1.45

2.02

ZZi

Yellowknife

Conduits

May

5 fee

—;——-

Wlllans

Plow

Commonwealth

31,210

65c

65c

5%:

.111

Lake

Colomac

1.65

5%c

.

.—1

—•

:

May

Feb

240

50c

I—

Malartic

Cocueiiour

56c

95c

8fe

—1

..

4,700

V

1.35

Mines

Chimo Gold

6c

7c

:io
1

Chesterville

-

0

Chesklrfc Mines

Chromium

74c V

I—1

common——

Chemical

Mines

for Week

Range

'•

Jan

82 fee

Bousquet

Granaoro

Jan

1.71

.*

Gold

Patricia

Graham

Feb

102

Aug

-20

.---

Central Porcupine

Cockshutt

98 fe

1

A-

Central Leduc Oil

^uuiain

20

1

class

Gold

Chatco

99 Yz

Par

High

Low

9%

c*M»We-Tretiiewey
Central

99 Yz

.100

preferred-

Last

Sale Price

Range Since January 1

.

High

99 Yz

Par

Canadian

Shares

STOCKS—

for Week-

Sales

Week'®

Friday

Range
of Prices

Sale Price

ENDED SEPTEMBER 16

Sales

Week's

Last

STOCKS—

MARKETS

LISTED

RANGE FOR WEEK

Monday, September 19, 1949

FINANCIAL CHRONICLE

11c

Mills

Feb

Milton

Mining

Feb

Class

Containers
A

4c

Aug

12c

Apr

2,000

8c

May

21 fee

Jan

8c

Jun

Re

Sep

3 fee

Jun

1,500

6

6 Yz

900

4c

Corp

Modern

12c

3,500'

6fe
Oil

Brick

Feb

Jan

5c.

12c

4c

4c

1,000

1.20

1.20

1.30

500

95c

July

12c

7%

Jan
Jan

7fec Mar
1.55

Jan

11
common-

11 VB

8.25

Jun

12%

12%

60

12%

Sep

15

Apr

14%

14%

60

14% May

18

Feb

3,810

712 >;Jan

-

Number 4839

Volume 170

THE

COMMERCIAL

&

CANADIAN
RANGE

Friday
STOCKS—

Par

Monarch

Knitting

Monela

common

Montreal Locomotive

Moore

c

Corp

Preferred

A

Preferred

10

40c

41c

27,450

500

20 Va

73'A

335

National

Drug

National

Grocers

v

Jan

64% Jun

73'A

Jan

Sigma

Sep

Silver

Silverwood

256

430

20

384

7V2C

500

10%

11%

175

13

70

10%

—5

Jun

280

Jun

5'Ac

430

Jun

10

UC

Mar

12

11% July
14

July

;

Voting

Mines

Class

19

1,125

18'A

1.140

15%

8.70

8.70

100

33c

30c

43c

42c

1

*

Hosiery class B__;

National

Petroleum

National

Sewer

*

Pipe

class

A

37c

»

17%

19

37c

37c

29

18 Va

25c

29

6,000
50

Sep

Class

47c

Jan

Negus

Steel

Car

20

Neilson

(Wm)

preferred.

New

Calumet

New

1,575

2.30

27

Aug

34

16,725

101 Vi 1011/2

Bidlamaque

New

20

2.15

20

.100

Alger

New

19

2.30

Mines

Goldvue

Slaaen

Anr

Southam

Feb

South

Feb

Stadacona

9c

Feb

Standard Chemical

2.35

Jan

4 Vic

3%c

4Vic

6,500

3c

1.28

1.25

1.34

9,900

84c

22c

24c

3,750

20c

104

Jun

22c

Mines

10c

Aug

21,101

6Vbc

Jun

15c

July

31c

Jason

New

58c

Marlon

Newnorth

May

New

Pacalta

Oils

11c

New

Rouyn Merger

New

Thurbois

Nib

62c

May

75c

5c

Jun

23c

Jan

4%c

5,500

3c

Jun

IOV2C IIV2C

18,000

7c

3c

Jun

Co

-

Mines

Preferred

u

26'A

Jan

Jun

99'A

Jan

29c

36c

83c

73c

88c

263,000

20

20

20

125

13'Ac

14c

48c

45c

8%
88

10%

"

•

—.100

<

Standard Paving common—

18'Ac

21,480

•

:

common

■—

s

—•
•

Jun

44c

Jan

Feb

94c

Sep

17

Mar

20

Aug

1,500

10c

July

'23c

Jan

48c

4,533

41c

July

54c

Jan

9'A

3,320

5

88

88

40

79

10%

11'A

500

7

22

•

24c

8%

__

•

Standard Radio class A

Jan

Jan

Starratt

Olsen

22

190

May

14c

Jan

Stedman

Bros

5'Ac July
9c
Jun

11c

Jan

Steel

of

26c

Jan

8c

3,000

12c

2,000

3c

5c

50,400

3c

Sep

8c

Jan

47c

May

1.03

Apr

90c

Jun

1.20

Sep

48'/a

Jun

59'A Ayg

40c

Sep

46c

9'A

Jun

Sep

88

July

Sep

Jan

Sep

Jun

18'A

11'A
23

Aug

6c

Feb

75c

•

4 'A

9
76c

100
12,300

-

15

—

Jun.

4

85

9
70c

—

1

;

7'A

5

Api

9'A

Feb

Apr

81c

Jun

50c

Aug

450

13'A

215

78

105

15

78'A Mar

86

Feb

3'Ac

8'Ac

Jan

15

Feb
Mar. /

Sep

87 V" Sep

Sep

2'Ac July

Gold

4'A

—

*

Stanley Brock class A

lbc

7c

4%c

Sep

93

36c

•

Brazeau

6c

U'Ac

Yellowknife

21

75

!

Feb

8c

3'/2C

19,955
7,750
5,000

47c

8c

4Vac

8c

_

;

Norzone

New

57c

3Vbc

Gold

Gold

Aug

470

96'A

*

Malartic

Preferred

New

Jan

22%

1

Jan

9'/aC

Feb

7'A
30

1

Gold

2.63

IOC

24

Jan

Mar

23'A

Mar

84

900

9'A

22

100

Jun

100

Apr

6'A
24'A

Apr

48'Ac Mar

95'A

B

1.95 May

16%

Apr

24

24

Preferred
Siscoe

National

Jun

5%

65c

Aug

;8V4

608

V

6'A

__

22

19

Jun

15'A Mar

29c

32c

,

Jan

2<u

1,350
,

33c

Sep
Sep
9.00 Sep

-18 %

7.00 May

36,500

9'A

Sep

19

Feb

23,400

46c

9

*

A

Simpson's Ltd class A.
National

High
3.40

Jun

17%

I

B

1.25

292,438

18 Ve

1
olass

Low

3.25

18%

1-

Mines

Dairies

Range Since January 1

High

18

(Quebec

Miller

Shares

15% Mar

certificates

trust

for Week

2.60

2.74

•

Sales

Range

Low

1
common

Silancb Mining

Sep
Jan

5

430

common.

Gordon

Breweries

Jan

13

preferred.—

Sick's

23'A

7V2C

280

Sherritt

LUC

1

280

Jan

14

Sep

■

Week's

Par

High

Jun

H * "

of Prices

Sale Price

17'A Aug

990

71'/a

10
37c

100

Mines

*» I--

«

*

Last

STOCKS—

Low

19 Va

-100

B

«'*■'

431

16

Range Since January 1

High

73'/4

common

Mylamaque

Shares

19 %

_

MARKETS

SEPTEMBER

for Week

10
40c

ENDED

(1119)

Friday

Range
of Prices
Low

Porcupine

LISTED

WEEK

CHRONICLE

Sales

Week's

Last

Sale Price

FOR

FINANCIAL

'

Co

Canada

*

8c

1
_10
1

1.80

87
85

5'Ac

87

25

Mining

Steeloy

(85
84

•

common

Preferred

8c

16,000

..

Jun

'

Nicholson

Mines
Mines

Noranaa

Norlartic

58V2

66c

1.20

72,000
1,250

57 %

58 Vi

1,980

46c

40,475

3c

2.374

Ltd

"l

46c

40c

____

.1

3c

3c

•

2.45

2.35

2.52

1

5c

4%c

5%c

17,241
22,000

1

6>Ac

Mines

Norgold

58c
1.12

62c

__

Nipissing Mines

Mines

*

Steep Rock Iron Mines
Press preferred

Stovel

Sturgeon River Gold

Sudbury; Contact

Mining

-

—

.

Gold
Mines

Norseman

Jun

4c

Jun

6c

8c

5,500

1

8c

9 Vib

2.375

8c

Northern Extension

1

9c

9c

1,000

9c

North

Gold

1

15c

14c

18c

11,000

14c

Mines

1

14 %c

13c 15'Ac

300,471

•

8%

North

Dennison

Inca

Northland

North Star Oil
Preferred

common

:

.

.

3.75

12c

Jan

13'Ac Aug
15c May

Sep

Sep H

40c

Sylvanite Gold -Mines

1

Mines

1

2.07

Aug

Aug

10

July

8%

9'A

270

6

5%

200

5'A Aug

5%

Sep

1.77

2.12

1.42

Jun

2.12

17%

Jun

Ogamk-Rockland

»

30c

30c

30c

Oxalta

•

1.74

1.58

1.75

*

20c

18c

20c

7,500

1

5c

3%c

5c

>

4c

4c

5'Ac

O'Leary Malartic
Omega
Gold
Omnitrans Exploration
Ontario

Loan

50

May

>

>

Steel

Orange

Crush

•

*

Vwi24c

River

Tamblyn Ltd
Taylor

Gold

1

10c

9c

.A

1.03

94c

__1

12 %c

Orenada

Osisko

Lake

Mines.

Mines

Osulake

Pacific
Pacific

Petroleum

Hershey

Page

Pamour
Pan

-1

_

Tombill

Porcupine

Ltd

Torbrit Silver

24c

July

3c

Jun

6c

Jan

11,800

3c

Jun

18

6%c Jan

121'A July
18

124

July

25

6%

3%

Jun

10c

6c

Jun

1.05

94,600

45c

May

12 %c 14'Ac

19,400

7c

Jun

18c

Jan

500

5c

Aug

9c

Jan

2.60

2.90

48,490

46»/2

45

46'A

920

23'A

Feb

Sep

6% Mar
20c

Feb

1.18 Aug

Traders

People's
Perron

Photo

Securities

Mining

United Corp

Class

B

36 'A

Feb

3.05

46'A

Sep

1.40

Apr

United

Hill,

July

8c

3c

4c

5,000

2'Ac July

8c

Jan

Waite

3V»c

3'Ac

6c

Sep

Walker (Hiram)
Wekusko Consol

6'Ac

3c

Apt "

lc

2,000

Feb.®;

4c

4c

500

32V2C

41c

51,216

58

39c

58

10

55

May

61

5

100

5

Sep

6

May

30c

Jun

42'Ac Jan

11c
51c

20'A

20'A

252

5

65c

65c

66c

26

26%

50

7%c

8c

4,366

55c

2,100

25
7c

89c

Jun

July
Apr

!

Jan

27

Grocers

Class A

Feb

15 %c Mar

3c

May

8c

Gold

1

55c

51c

57c

Jun

57c

•

39

38%

39

67,800
2,155

30c

33%

Jun

1
1

1.18

99c

1.18

29,431

65c

Jun

1.18

Sep

1.08

98c

1.08

20,300

57c

Jun

1.10

•
1

15

15

15

450

12%

Jun

16%

Jan

Yellorex

11%

11%

700

9'A

Jun

12%

Jan

y

Jun

2.35 Aug
3.75 Aug

1

1.75

1.65

1

8c

6V2C

1.78
s

7%

I.30 May

10,085

8c

5'Ac

3,295
500

7%

7%

47'A

10
40

Gold

Quebec

Labrador

47%

Jun

65,474

25
/ 190
100

47
17

53%
20

52%

54

2.85

•

6'A May

50

Sep

6%

6'A

615

75c

95c

103,014

40c

May

4.40

3.55

4.45

5.10

5.30

5%

Quemont Mining
Quesabe Mines Ltd

•

16

15'A

16

3,250

II,

May

75c

85c

4,800

70c

Apr

class

1

••

-

4,502

8.30;10'A
29»/a 30'A;

30

vv

10c

Renfrew

Textiles

Little

class
class

—

Sep
42% Jan

6c

4.45

Sep

6.40

Jan

8'Ac

23%
7c

Jun

Juab-

40

40'A

30

30

33

33

24

24

24

•'

•

V

>;

Sep

35'A

115

29%

100

;

40'A

21

45

Jun

35

Feb

25

Apr

90'A

100'A Jan

Jun

97

97'A

90

12c

10c

17c

272,800

;<'■ 7c

May

37c

Jan

—

6'Ac

7c

2,000

5c

July

11c

Jan

5c
33

6c

44,500
1,982

5c

May

•

-1
•

6c

33%

34%

98

98

98

2.40

2.30

2.45

17,525

1

37'A
100

May

40c

42c

11,000

18c

1.02

27,380

61c

Jun

6'A

6'A

100

48c

Jan

96c

6%

1.04

Toronto Stock

8

Sep

3c

May

1.20 Aug
17

7'/a

1.18 May
9'A Mar

'

1

Jan

British Columbia

3.00

Sep

Brown

6'A

6'A

100

5'A July

7'A

Jan

15

30

15%

Jan

9%c
39c

6,000
16,300
720

24%

9>Ac

9'Ac

39c

30c

*

15

Sep

8c

Sep

23c

Aug
Jun

21,460

5.85

Feb

Feb

26'Ac May

5c

25,000

3c

Jun

10c

16%

1,275

14%

Jun

3'Ac

Russell Industries

•

16'A

16'A

Corp common
1
preferred „—_—
49 U 21%
preferred
1
Lawrence Paper 1st perferred_„_99

__

1st

2nd

6%
21%

6%
21%

21%

21

21%

730

19

20

20'A

—_——1

1.80

1.65

1.80

_*

79

69

82

•
—-•

54%

Jan

Consolidated 7?aper

——•
—*

37c

4'A

Jun

50

',17'A

Jun

22

Jun

14

Sep

FoothAs

71'A July
Jun

86

Jan

45

Sep

Hayes Steel
International Paper common

14

74

85

45

155

7'Ac

7c

__

6

4.35

37

8c

20,000

6

200

•.

41c

37'Ac

42c

•

24%

24'A

25'A
13c
12%
1.20

1

class A

•

50c

44.




—

__

1.20

11c

12'A
1.15

3.50

5,631

1

Gold

For footnotes see page

4.10

♦

Mines

60

.22

Jun

July

Jan

2.00 Jan

,

85

7Jun

May

9%

3%
-

49

220

17 %
37c

47,952

/

4

Apr

55

Jun

Aug

18%

13'A Jun

2,857

16
33c

'

3 Va May

5,025

3%
55-

Apr
Jan

26c

Jun

45c

31%

Jan

38

Sep

3.65

Jan

31%

Jan

60%

Sep
Sep

38

37

38

365

2.50

2.50

2.55

500

26
26
60% ''■•>56%

26
60%

30

21 %

Aug

7 9,082

43 V2

Jun

108

108

100

98

Jun

16'/e

16%

13%

Jun

16'A Aug

50
14

50

15

15

1,670

50
Aug
12% Jun

22% Jan

Jan

9%

14

1

Water & Power com

1.15

1,225
1,395

22% Jan

Feb

19'A

540

7

,

.■J 7'
3%
54%
17%

Lumber

Jan

Dominion

*

Bridge
Oil

7c

1,000

Sep
Jun

22%

535

75

Mar

6

30c

16,950

7,100

Jun

Jun

10'Ac May
11'A Mar
—

1.01

Jun

4.65 Aug
17c
May

6'A May
49c

*

—

Preferred

(1945)

__

—

Western

500

72

4.35

Winnipeg Brewing

Feb

*
—•

100
V

43%

_1

Ltd

Jan
Jan

103

-

70'/a Jun

Dalhousie Oil

Senator Rouyn

4

Jun

18% Jan

4c

San Antonio Gold

114

May

225

Canadian Westinghouse

Canadian

St Lawrence

Jan

Sep

2

80'A

-80
2%

T 7.25 Sep

9o

7 26

75

79

Vickers common

,19,500

21

35

80'A

Marconi

7.25

100

-100

Canada and Dominion Sugar

i

High

2,140

—

Preferred

Industries common

12c 14'Ac

23%

77
2%

Canadian

6.90

'

Low

80
2%

Canadian

25%

23%

__

Range Since January 1

High

—1

Canadian

7.20

Shares

Low

Pulp & Paper com_*

Sep

26

for Week

of Prices

common_i,_——

Co

Mar

50c

26

13c

-

Asbestos Corp

18'Ac May

26

___10

Par

*

8c

1.99 July

15

1

Sales

Range

Sale Price

100

1
1

Mines

Jun

Fonda

Week's

Last

STOCKS—

Jan

500

Roybar Chibougamau
Rupununi Mines

Bridge

May

1.10 Aug

Feb

1.85 Aug

13,000

•

.

July

11'Ac May
9'A Jan

9

•

_

Apr

2.54 Aug

2.00 May

40c

a——_J—*

A_

97

97c

A

1

Mines

Bear

11'Ac Jan

Feb

27

30

•

Mines

8c

Roy a lite Oil

preferred

Feb

1

common

Knitting class

2.50

9

1

common

Sep

32

Feb

Sep

A/''.v..

■

100

2.50

9

*

:

Feb

9c

1

Wrlght-Hargreaves

5'Ac

A__

Eank

-

Mar

29'A

130
V

"

6c

7,500

,

2.50

*

Co_

16'A Feb
:•> 30'A:' Sep
13 %cs Jan

6.50 May^

8,071
3,500

••

__

'<V'""

-100

;

Electric

Winnipeg

7'Ac

"

A_

Roche Long Lac

Jan

Jun

4.00

32,496
.

12c

30

*

Wingait Gold

1

.

Jan

7%

Jun

Jan

1

A

Sep

1.10 May

363,933

5.30

Friday

Mines

Aug

17c

Canadian

90c

Milk

:

2.95

Jun

8'Ac

Exchange-Curb Section

1

Sheep Creek

1.22

2,500

Jan

Queenston Gold

Bhawlnigan

785
24,289

10c

Jan

Jun

Shea's

21

20
2.95

67c

Jun

46c

Shawkey

Mar

20
2.68
8'Ac

*

Feb

17c

Sarnia

Sep

Jan

309,150
4,200

Bannorm

55

50c

65c

2nd

Jan

Jun

53'A

May

27c

Renabie

Sep
Jan

24'/a

Jun

43

63c

St

24c

18% July

25c

25c

Regcourt

Aug

30%

Sep

500

65c

Royal

8%
27

38c

26'Ac

Oils

;

8'Ac May

■<:

38c

1

Roxana

6,495;

——

_l

Quebec Manitou

Robinson

15% Aug

24c

1

—

Quebec

Quinte

Jan

14%

27

__

•

Larder

Winchester

York

.

May

18c
22 '/a /

-

V."',

common

!

Yellowknife

common

Apr

65c

13%

22'A

20

Preferred

Mills

90c

Jun

—

;

27
23

Sep

Mines

Feb

25c

24c

*

Wiltsey-Coghlan

1,660

Flour

55c

8,000

30c

•:

preferred

(George)

5,500

Mica

5,900

63c

25c

8'Ac

—

'.V'.v*

Weston

4%c

Preferred

21

61c

-? Ki

Products

4c

Purity

Jun

14'A
<

Sep

17

25c

—

Western

4%c

Purdy

20'A

■

1

.

Aug

Jun

(G & W)——•
—
1
:

Porcupine Peninsular

Dome

Jan

May

V-;; 9.50
;

West Malartic

1.71

Preston East

12

7c

I

Mines

Amulet

3.00 Mar

Metals

Jan

Sep

10'/2

Apr

5

Canada

Upper

Ventures Ltd

3,412

Corp

1.35 May
11

Jun

29c

6'A

Sep

4c

24'AC Apr

2.20

Pressed

;

9'A

Jan

May

3.60

Power

10%

200
100

"

Jun

4c

2.10

Voting trust certificates

7,000

3,000

.

9c

3.40

Powell Rouyn Gold common

Jun

1.19

10%
10%

•

96c

2.20

River

Feb

69c

1.11

*

Steel

3.60

Powell

12c

Jan

Jan

Keno
Oils

1

Reef

Jun

106,700

50

preferred

United

1

Porcupine

7c

10%

—25

class A preferred

United Fuel

5,000
1,020

1

Gold Mines

May

1,000

3.60 Aug

10c

♦

Pioneer Gold

Crow

22c

;;

51c

*

Preferred

Pickle

Jan

Jan

10c

1

Class B

23,420

*

Porcupine

2.54

62c

—

5c

1

Gold

5'A Aug

43c

.

class A

15c

*

Engravers

Piccadilly

Feb

28'A Aug

Jun

10c

•

Union

1.30

*

common

10c

4'A

49c

Union Gas

5c

1

Ltd

10c

26'A July

8'Ac

10%

•

1.15

1

Credit

3.25
13c

1.17

•

Resources

Westeel

Penman's

3.05
lie

120
100
18,165
9,500

1

,

A

class

Transcontinental

14 Vic

Consol

Paymaster

2.02

—

Transvision-Television

1.29

1

—

Jan

36c

Jan

18c

5,500

1

Finance

1'5 ViC

Malartic

Partanen

8c

2.85

1

Malartic ■!—_:

25c

5 'A

—

•

Petroleums

•

Mines

Paramaque
Parbec

1.90 Aug

;

13c

1

.

Tower

2,085
2,000

6%

8c

1

»

1.90

Jan

1.90

—

Mines

•

Mines

Cadillac

Jun

10,200

1.27

28%

'

3.20

Toronto Elevators

Towagmac Exploration

Jun

•

Oil

Western

Pandora

-1.27

24c

__

♦

Gold

Jan

12c

1

Tubes

11'Ac Feb

1,000
26,100

5 'A

—

*

common

Tech-Hughes Gold Mines
——1
Thompson-Lundmark Gold Mines
-•

United

(Eastern)

Aug

1.90

.28

•

common

Pearson

Apr

2.60

23'A

23'A
6 V2

1.11

53

Feb

21,300

123% 123%

'

Ontario

common

'

Sep

71,370
2,000
9,300

Oils

Aug

Apr*

25c

4%c

1.70

1.85

Toronto Iron Works class A
Gold

O'Brien

4c

Sep

5'A

•

.

Feb

19c

Sep

5%

5

1.95

Jun
Mar

13'Ac Jan

3'Ac May

3'Ac

Jan

4'A
16c

1.65

1-87

1

Taku

Norpick

1.70

■

Jun

1.26

8,650
100
2,000

,r

4%c

-——1

!-

Sullivan Cons Mines

Normetal

1.78 ? 1.87
5
5
21'Ac
23c

—

*
•
;

*

—

16'A

International Utilities

Langley's

Ltd

preferred

—

Jan

Minnesota & Ontario Paper,,

100
.*

*

25'A

Sep

Ogilvie Flour

20c

Jan

Pend

Oreille

1

12%

Sep

Price

Bros

*
*

1.60 Jan

:

Southmount

common

Invest

:

50
,,

15
__

.5.00
55'A
—

y

>

2.30 Aug

345

108

55

26'A

20'A Mar

23

23

130

4.90
55'A

5.10
55'A

2,495

3.35

May

80

45 %

Jun

42c * 42c

35

t,

40c

Mar

,

Apr

Jan

6.70 Jan
55 V2

45c

Sep
May

44

THE

(1120)

COMMERCIAL

&

FINANCIAL

CHRONICLE

Monday, September 19, 1949

OVER-THE-COUNTER SECURITIES
Quotations for Friday, September 16

Investing Companies
Bid

Ask

1

4.61

5.07

1%

Mutual Funds—

3.82

4.18

Par

Aeronautical Securities
Affiliated Fund
Amerex

Inc

Holding Corp

American

Axe-Houghton Fund Inc.
Axe-Houghton Fund B

Federal
3.36

Business Equipment shares-lc

31'/4

3.04
3.37

3.72

3.55

3.43

3.30

3.67

Electrical Equipment shares-lc
General Industries shares—lc
Home Furnishings shares—lc
Non-Ferrous Metals
lc

6.98

7.55
15.35

4%

5%

Petroleum

1%

America—

2%

Steel

Paper

shares

95.59

Manhattan Bond

20.10

10c

21.73

Mass

X8.10

8.11

Investors

Ctfs

6.98

Inc_l

11.64

13.90

Mass

Mutual Invest Fund Inc

1

33.39

1

13.62

14.73

com—100 3, 425
100

Preferred

Commonwealth
Delaware

Investment

134

139

1

5.49

5.97

13.12

1.41

Investors

Security

.—1

8.72

6.61

7.22

5.79

6.33

Series

6.24
4.02

—1

2.77

i

17.18

18.37

Stock Series

—1

4.44

20c
8

3.75

3.94

24.53

26.52

Industrial Fund Inc_l

1.75

1.93

Preferred

10

Corp

1

series

stock

28%

4.91

Industrial Stock Series

1

Selected Group Series

3.32

-1

14.59

England Fund—
York

2

13.65

14.96

shares A—2

5.88

6.78

Aviation

6.26

1

Bank stock

1950

1.

Ask

.0327

100.0812

.1292

11 %s

100.0570

.0656

l%s Sept.

_

July

1.

100.0743

-

tl%s Mar. 1, 1950
tl%s Apr. 1, 1950
tl%s June 1, 1950

1,

Ask

(cont)100.0856

.0855
.0946

100.1077

1QR0.—

.1^89

100.1215

.1371

100.0536

-

.1290

100.1150

-

4.79

5.14

Chemical

lo

6.53

7.16

Diversified

lc

5.40

5.93

Diversified Investment Fund_l

lc

5.02

5.51

Diversified

5.90

—lc

4.45

.0732

1.15%

bl.35

1.20%

4-

bl.30

1.10%

1.55%

6-

1-49

3-

1-50

3-

1-49

12-

1-49

bl.30

1.10%

1.55%

7-

1-49

4-

3-50

bl.35

1.20%

5-

2-49

12-

1-49

bl.30

1.10%

1.35%

8-

1-49

5-

1-50

bl.35

1.20%

1.55%

4-

1-49

1-

3-50

bl.30

1.15%

1.35%

9-

1-49

6-

1-50

bl.35

1.20%

1-49

1-49

11-

3.69

4.04

9.66

10.59

17.79

Sept.

11.45

Sept. 29,

8.42

Railroad

Pacific Coast Invest Fund
Public

1

Utility

7.87

1

7.15

4.60

1

Bid

22,

5.75

lc

7.40

8.11

Steel

1

7.28

bl,06

0.90%

bl.06

0.90%

5.52

Tobacco

1

10.88

7.75

shares

.lc

2.28

lc

3.26

3.59

Putnam

lc

3.90

4.29

Republic

lc

4.25

4.67

Russell Berg Fund Inc

lc

4.50

4.94

lc

5.66

6.21

1

4.26

4.61

Selected Amer Shares

10c

1,65

1.80

Shareholders Trust of Boston—1

A

20.74

22.42

Utility shares
Howe Plan Fund Inc

Income Foundation Fund

Incorporated

Investors

Institutional

Shares

Aviation

Ltd—.

of

7.37

lc

73c

lc
lc

Insurance Group shares

Trust

11.63

1

Boston—1

Investors Management Fund

B-2 (Medium
B-3 (Low

Bonds)

Grade

Priced

Bds)

Bonds)

1

8.08

1.02'
24.33

1 12

hi OR
bl.06

nq^
0.95%

Nov

Nov. 17, 1949

bl.06

25, 1949

bl.06

1.00%

1949

bl.06

0.95%

Dec.

1949

bl.06

1.00%

20,

1949

bl.06

0.95%

Dec.

bl.06

0.97%

Dec.

27,

1949

49.18

49.18

10.24

11.08

19%

20%

2%

State

1

Invest Co Inc

Street

10c

Investment

Corp.*

Television Fund inc

1

26.45

Industry Shares

7.41

8.12

Series B

13.51

13.83

25c
1

A

Series C

89c

.v.-

9.84

15.55

16.97

Wall

1

9.71

9.91

1

9.63

16.29

Whitehall

20.34

22.19

26.24

3.54

1

4.46

4.89

25c

2.36

2.57

Trustee

96%

10

40%

42%

_20

49%

51%

Bank

Trust

&

Co

3.84

Trust

Federation
First

A

16

32%

National

-100

Irving Trust
Kings County Trust

97.92

Series 1955

1

3.55

46.83

47.79'

Series 1956

2.19

Manufacturers

10

Trust

Morgan (J P)

Co

Public

84

57

59

l—v„:,
Insur Co of North America

68

Jersey Insurance of

87

Agricultural

25

64%

10

x23%

25%

,

N

Y

8

31%

10

,

American Automobile
American Casualty
American Equitable

4

Maryland Casualty

108%

common

33

5

13%

15%

5

" 21%

23 Va

15%

10

49

Convertible preferred__5

23

24%

Massachusetts Bonding
Merchant Fire Assurance

5

28%
30%

of

2%

19%

20%

American

Re-Insurance

lo

29%

31%

National Casualty
National Fire

61%

National Union Fire

Newark

Surety'

25
10

Automobile

59
46

'

.48

New

New

Shippers

25

Boston

.10
Fire

91

68

5

—

Casualty

28

lo

57

Amsterdam Casualty

290

—

"

100 x270

290

i

20

Trust-

&i

333/4

31%

87

413/4

First

National

United States

Bank,——12%

20

Natl Bank

66

63

54%

x51%

93

88

12

Francisco

San

8%

73/4

-

-

Bank of Amer N T & 8 A—12%

655

625

Bid

46

44

Security Issues
Cen

;

Duke

59

36%

38

43%

27eS

Power

'■""

38%

36

$2.50

—1974

100S/8

1007/8

1979

104%

105

Delaware

104%

Iowa Southern Util 5%%

—

—

-

5

Ariz Lt & Pwr

1053/4

Central

23/4S

Par

„

|C'.-V3

'

3 '

':kl

.

50%

Conn

^

51%

Hudson Gas & Elec—

4.75%
;

Ask)

Bid

pfd_50

Stocks—

Ask

;

105

1974

Pa 3s

Canada (Gov't of)

30

•;

.

2

Hampshire Fire——10

I

preferred

Lt

Pow

&

4.28 7e

100

$2.20 pfd

Power

&

*

104%

103

55

54%

%f

Light—

preferred

100

t

—

105

104

Kansas Power & Light—
1st

46

mortgage

1979

2%s

103% '

pfd_30

313/4

31%

t

96

65 %

20%

22%

10

52 V2

New York

N

Fire.

15%

North

River

-2.50

.27

.12.50

Northern

.98

25

111

Kentucky & W Va Pow 3s_1979

16%

*55%

Connecticut General Lifecommon

433/s

393/4

15%

(Detroit)—10

35

Portland

84

.

Bell Telephone of

8%

American

33%

100

Bank

413/g

25

Bonds—1

32%

7%

13%

of

.10

234

30%

5
4

Fidelity & Casualty.5

Bank

52%

52

American

-

Detroit.

44

•

Recent

16%

Prior

Merchants & Mfrs

Assur

i

34

;

$1.05

46

28

32

Peoples First National

1, 535
r

50%

100

.43%

1

26

16

17%

25

112%

45 %

$2.10

preferred

20

Bank

City Bank

Ask

20

,

520

Mellon Natl Bank & Trust

16%

.

Bank A Trust_17%

67%

American Alliance

Home

Nat'l

United States Trust—

65

500

Pittsburgh

30

100
12%

& Co Inc

Title Guarantee A Trust

10

100

;

Farmers Deposit Natl Bank

282

228

Sterling National

Insurance I Companies
10
lo

310

Co

National

National

1, 295

27

20»

National City Bank
New York Trust

Surety

295

32

273

>

100 1 ,475
42
25 -

Lawyers Trust

1

&

100

Savings

82%

19%

-100 1 ,235

Bank

2.29

95.96

Aetna Casualty

30%

2.00

*

'

18

1

Sayles Second Fund—10

Aetna Life

188

Detroit'

93 %

Trust

Sayles Mutual Fund

Aetna Insurance

&

Trust

National

34%

90%

10

Industrial Bank of Commerce_l0

North Amer Trust Shares-

56%

—50

Trust

Guaranty Trust

Bid

xl80

10%

54%

10

Bank

7.95

Par

80

100

Co

6.88

C

Trust—33%

Cleveland
Central

2 AO

Ask

Ask,
200

190

'!•

&

Bank

Trust

Northern

Trust—

A

9%

Loomis

Bid

National

Harris

100

Illinois
Bank

37%

Loomls

Far

First

35%

Bank

(White Plains, N Y)
Empire Trust

Shares-

Independence Trust Shares

129

-

93%

Fiduciary

Series E

National

42%

15

County

17.32

Type Trusts-

Diversified

125

Stamped

28.62

Inc

Fund

Continental

3.45

3.30
40%

Corn Exchange Bank A Trust-20 '

18.83

16.11

1

Wisconsin Investment Co.

17.25

1

Wellington Fund

8.83

,

100

Continental Bank

6.83

1

Bid

Commercial National Bank &

18.10

9.05

4.73

1.00%

1.02%

Companies

City Natl Bank & Trust

"

10

National

Trust

1

14.93

100

Trust

Chemical
18.56

1

11.76

bl.06

bl.06

1949

Par

York

Central Hanover Bank & Trust 20

5.76

United Income Fund Shares

street Investing Corp

New

Brooklyn Trust

20.83

_1

25%

Chase

Union Common Stock Fund

4.33

15,

Ask

24%

Manhattan Co_10

& Fifth Avenue

74C

1

Union Preferred Stock Fund

of

Bankers

9.80

8.99
66c

17.44

.

the

Bank

51.00

28.52

Unit

1949,

8,

Chicago

of

99c

48.00

Bid

Par

York

New

6.15

5.62

24.78

10.78

Fund

Banks & Trust
Bank

27.28

Stks)_l,

Fund

Trust

28.73

Sovereign Investors

15.32

Knickerbocker

1,

2.43

26.72

(new asset value)_•

Fund Inc

8tks)_l

com

com

2.22

1

Union Bond Fund series

Stocks)—I

com

1.00%

1949_

15.95

14.83

1

Trusteed

14.04

(Appreciation

1

Fund

12.75

Bonds)
I
pfd Stocks)
1
(Appreciation pfd Stks)_l
S-l (Quality common Stks)-I

(Low Priced

Fund

22.71

(Speculative

(Income

Trading

Investors

1

K-2

8-3

&

(Geo)

I

K-l (Income

8-4

0.99%

13,

Oct.

81c

Keystone Custodian Funds—►
B-l (Investment

Petroleum

Standard

lc

shares

Stock and Bond Group
Investment Co of America
Investment

2.52

i,

Group shares

Bank Group

bl.06

J[ov- I?. 1949

0.99%

6,

ttcudder, Stevens & Clark

shares

bl.06

15

equipment

stock shares

Steel shares

1949

8.50

5

3,

Oct.

11.92

.lc

Nov.

Oct.

7.95

5.03

Ask

Bid

1949
1949-

Oct.

6.30

-lc

Treasury Bills

Ask

5.04

5.75

United States

7.84

1

Railroad

Equipment shares

Bond

1.20%

11.27

10.45

9.35

Railroad

bl.35

8.45

8.91

Railroad

*

11.38

10.73

10.28

11 13

7.68

shares

bl.30

1-50

10.16

Institutional bond shares—lc

Petroleum

3-50

2-

1

Investing Company shares—lc

5.24

1-

2-49

12.64

7.76

s

i-49

5-

10.28

7.24

;Ask

7-

1.55%

7.18

7.08

Merchandising shares
Mining shares

Bid

Due

1.50%

1.10%

9.38

Merchandising

i

Dated

1.10%

bl.30

11.53

6.60

lc

Rate

r

bl.25

1-49

1

shares—.-—lc

shares

Ask

3-49

11-

1

Insurance stock

.Machinery

Industrial Machinery shares lc

Priced

Bid

10-

1-49

16.23

7.59

Due

3-49

1.50%

11.13

—

7.45

6.92

Dated
1-

7.71

4.89

6.79

General bond

-

2-

preferred stock—1
Electrical equipment
1

6.47

Fully Administered shares—lc

Corporate bond series-znzi
Industry

9.35

shares

1950

1.55%

8.43

10.16

51.23

shares

15,

1.50%

11.33

7.69

47.64

shares

—

1.60%

6.86

10.34

Building supply

1
—1

8.53

Continental

Bid

indebt

tl%s Feb.

.1773

1.55%

6.21

lc

New

Maturity—
Certificates of

.1%% 100.1667

Federal Infermediafe Credit Bank Debentures

10.25

5.67

lc

Camden

100.2

Price

Ask

Bid

Rate
9.35

shares

<fe

Bid

U%s Dec. 15,1949
tl%S Jan. 1, 1950

Inc—

Stocks

Automobile

Equipment shares lc

Bankers

100.12

100.0244

15.65

New

Agriculture

Electrical

American

100.8

1949

3.63

5.22

Chemical

Lexington

102.28

1957-1955 Wi

99.26

5.46

Building shares____,,.—

8-2

102.20

I,

1%S Oct.

1952-1950

3.63

3.32

5.99

Group Securities—
Agricultural shares

B-4

100.14

1955-1<)53

5 86

5.36

__1

Low Priced Com Stock Series 1

5.46

General Capital Corp
General Investors Trust

Aviation

„

4.76

—

Fundamental Investors Inc
Fundamental Trust

Automobile

Series

New

26 '/a

Common stock seiies

Tobacco

100.8

1.

4.85

Franklin Custodian Funds Inc—

RR

1, 1953-1951

3.03

Income

First Mutual Trust Fund

Low

Int. Bate

tlY4B Oct.

4.39

Speculative Series

First Boston

Food

1,

l%s Jan.

119%

118%

Certificates of Indebtedness—

6.82

—1

27.27

Equity Fund Inc
Fidelity Fund Inc

-

.-1

25.50

Fund

Stock Fund

;

i

1

Balanced

Financial

1961

3s

Treasury Notes—
(April l, 1950

9.43

1

Corp

Stock

Ask

100

l%s May

Dollar

14.35

13.37

Low Priced Bond Series——1

1.55

100.5

Bid

1, 1950-1949

U. S. Certificates of Indebtedness

Series—

Bond series

Eaton & Howard—

t

1

.

National

Preferred

,

Fund

Fund

National

14.34

25o

Dividend Shares

Balanced

point

s

2%s Feb.

Maturity—
v

100.2

100.3

__

Other Issuet

Nation-w;ide Securities—

3, 575

1

Fund

2nd

Investors

100

—

1950—

Panama Canal

35.90

Chemical

Securities

15,

l%s Oct.

100.6

15.19

16.85

18.57

Christiana

15, 1950

12.58

1

12.59

Fund

Sept.

28.02

Century Shares Trust

u

1.35s

100.4

32nds of

more

or

7.65

25.92

16.95

Corp

Feb

one

Federal Land Bank Bonds—

Atrk

3.95

Inc—10c

1

Invest

20, 1950

1.25s

3.93

interest—1

Fund

S

Street

Bullock Fund Ltd

Bid

4.73

3.58

Banks—

Loan

Trust—

beneficial

of

3.56
4.29

lc

shares

l%s Jan.

3.29

2.98

lc
lc

shares

91.77

Boston Fund Inc

Home

3.92

3.11

4.07

£%

14.12

Bowling Green Fund Inc

Figures after decimal point represent

Ask

Bid

lc

shares

3.71

Beneficial Corp
Blair Holdings Corp

Broad

Automobile

8%

A—

Bond Inv Tr of

Par

Managed Funds—

Oilstocks

Standard

series

Shares

29%

1

Shares

Business

Associated

10

Obligations Of Government Agencies

Mutual Funds— >:

"

28%

v'/.W.

VV

103

Narragansett

Elec

••

103

r;.

3s

1978

104
.•»,?

Y

State

4%%

Elec

pfd

&

Gas—

(series

1943)

100

106

107%

1033/4

1043/4

111%

113

105

107

105%-

108%

"*

•

105

106

104%

105%

Penn Pow & Lgt 4%%

pfd—100

■

lo

56%

59

10

34%

36%

Pacific Fire
Pacific Indemnity Co

Employees Group Assoc
Employers Reinsurance

•
10

34%

36%

Phoenix

58 %

61%

Preferred Accident

Federal

10

65%

Fidelity & Deposit of Md

10

Providence-Washington

' 64

Fire Assn of Phila

10

69

72

10

84 %

87%

5

18%

''••■'v/ ' i'

68

-/ ' ./•

<

;•

.!

•.

-;.v,

19%

Crum

<fc

Forster

Inc

Peerless

61%

Casualty

Co

'-h

10

55%

58%

5

14%

New

16%
91

10
5

10

88

3%
35

•

1978

England Power 3s^

Pub

Ser

(Colorado) 4.40%—100

Pub Seiv of Okla

North States Pow (Wise)

Ss 1979

104%

105%

1978

105%

Rochester Gas & Elec—
-

Ohio

3s

Power

pfd_)00

•

106'A

4

37

4.65%

-

$4.75 preferred series G

100

'

Pireman's

Fund

of

Frisco

Firemen's of Newark

Reinsurance Corp <N Y)
Republic fTexas >
St Paul Fire & Marine

General Reinsurance Corp
Falls

.10

26%

28%

Seaboard

Glens

5

51%

53%

Globe & Republic
Globe & Rutgers Fire

5

10%

Surety

-'■■■,"■■■''•

2

5%

ig

30%

12%
10

11%

Security (New Haven)
10
Springfield Fire & Marine—10

15

32%

35%

Standard

2nd

preferred

15

88

Great

American

5

x35%

36%

Travelers
S

Fidelity

35%

U

S

Fire

U

S

Guarantee"".,

U

Hanover

Hartford

Fire

Fire

-10
__

Hartford Steamboiler




33%

-10

133

-10

37

Accident

137
39

10

100

___

Guaranty Co_2

Westchester Fire

•>

90%

.■

■f

Public Serv of Indiana Ss—1979

93%

51

'■

'• /v", t.';

103%

t:'

San

Diego

Gas

&

Elec—

-4%% preferred

104% '

20

21%

21%

48 %

34%

36%

101 Va

101%

4.90%

.

.100

preferred

106

107%

37%

-46%

Tenn Gas Transmission 3s_ 1969

54

35%

7.50

-

a

57%

64

74%

,21%

llquidating

78%

3

lot

In
n

sale

year's

23

\

Issued,
"V«

x

dividend.

Ex-dividend.
nar

111949

•

..

i-

(not included In year's range). bBIg yield price, d Deferred delivery sales (not
range),
e Ex-interest,
f Flat price,
k Admitted to listing on N. Y. Stock Ex¬
to trading N. Y. Curb,
r Cash
sales (not included in year's range).- tEx-

Admitted

67

lo

Odd

included

change.

7.75

55%

4

-i*

..

Staten Island Edison—

92

com

6%

r

value

range

(Un) Admitted to Unlisted Trading privileges,
y-Ex-rights. z Ex-stock dividend.'
*"
'

+rn

default.

adjusted

tTbesp

bonds

(50% -stock div. paid

are

on

wd When
"

subject to all Federal taxes
Aug.31).

delivered,

wl When

.

•

Volume

Number 4839

170

THE' COMMERCIAL

THE

COURSE

Bank clearings this week show a decrease compared
with

a

year

Preliminary figures compiled

ago.

by us,

based upon telegraphic advices from the -chief cities of
the country,

indicate that for the week ended Saturday,

Sept. 17, clearings from all cities of the United States
from which it is possible to obtain weekly

clearings will

ibe. 12.6% below those for the corresponding week last
Our

year;

preliminary

totals

stand

against $16,094,566,842 for the
this center there is

$14,061,309,881

at

At

week in 1948.

same

loss for the week ended Friday of

a

9.1%.. Our comparative summary for the week follows:
CLEARINGS—RETURNS

FINANCIAL

OF

CHRONICLE

BANK

Complete and exact details for the week covered by
foregoing will appear in our issue of next week.
cannot .furnish them today, inasmuch as the week
ends Saturday and the Saturday figures are not avail¬
able at time of going to press.
Accordingly, in the above

New York District

present further below

we

totals show

ended, Sept. 10.

previous

For that week there

was

—

the

3.9 %t

the aggregate of clearings for the whole country
having amounted to $10,561,924,908, against $10,164,635,298 in the

week in 1948.

same

decrease of

was a

increase

of

16.9%.

We

totals

record

an

and in the Philadelphia Re¬
In the Richmond Reserve District
improvement of 3.4%, but in the

Dallas Reserve District of 5.0% and in the San
Francisco
Reserve District of 14.2%.

the

group

of 3.7%

^5.6%, in the St. Louis Reserve District by 1.4% and in
the Minneapolis Reserve District
by 1.4%. In the Kansas
City Reserve District there is a decrease of 9.2%, in the

Outside of this city there

7.1%, the bank clearings at this center
an

loss

Cleveland Reserve District the totals register a decline of
9.0% and in the Atlanta Reserve District of 11.1%. In
the Chicago Reserve District the totals are
smaller by

the week

increase of

an

a

District of 1.4%.

serve

able to give the final

are

(including this city) the totals show
gain of 16.0%, but in the Boston Reserve District the

a

the last day of the week in all cases has to be
estimated.
In the elaborate detailed statement,
however, which
and complete results for the week

45

cities according to the Federal Reserve Districts in which
they are located and from this it appears that in the

.

We

we

(1121)

CLEARINGS

the

having recorded

TELEGRAPH

BY

&

Per

Week Ended Sept. 17
New

1949

York

Cent

1948

Chicago

$7,184,327,851'
806,283,916

$7,899,816,244
689,230,806

Philadelphia

895,000,000

1,011,000,000

Boston

fit.

458,315,739

City

San

334,629,225

—

7.4

420,427,000

—16.3
—13.9
—10.7

287.910,384

Louis

336,319,433
392,133,235

—14.4
—14.1

322,500,000

277,700,000

—

Francisco

Pittsburgh
Cleveland

336,888,568'

.

Baltimore

189,051,068

194,749,485

SUMMARY OF BANK CLEARINGS
Week Ended Sept. 10—

—11.5

375,612,000

_

In the following we furnish a summary
by Federal Reserve Districts:

■*Ui

9.1

+ 17.0

494,997,461

280,242,732

-

Kansas

—

3.0

+

Federal
1st

2nd New

cities five days,
cities, five days_.

____

$11,097,030,675 $12,090,104,472
2,360.923,550
3,099,543,295

8.2

-

-23.8

All

cities,

Total

-11.4

904,919,075

cities

603,355,656

for

week-

-12.6

$16,094,566,842

$14,061,309,881

*

York

Inc.

$

or

1947

Dec. %

370,809,142

384,859,751

5,643,073,909

4,866,431,885

1946

$

$

3.7

4R7 0"2 957

489,636,609

+ 16.0

6,473,778,907

6,857,735,690

—

.12

"

.11

"

676,799^075
561,293,384

686,567,041

—

1.4

776,141,752

616,630,703

—

9.0

6

"

400,265,611

387,248,476

+

3.4

-10

"

740,373,122
372,768,337

458,795,203i;

516,334,932

—11.1

_16

"

528,244,276

5.6

St.

749,705,951

_

Philadelphia

,

^Ith Cleveland

,5th Richmond

_

«6th Atlanta.

7th

"

7

"

286,423,068

"

357,547,931

371,399,455
362,220,542
393,817,115

6

"

222,842,408

234,580,125

-10

"

510,340,431

594,839,322

10,561,924,908

10,164,635,298

5,098,182,669

5,490,456,051

_

City

Dallas

12th San

4

707,488,599
366,246,147

-10

Louis

9th«Minneapolis
10th Kansas

-33.3

day

one

all

days. $13,457,954,225 $15,189,647,767

.12 cities

Chicago

3rd

11th
Total all cities, five

1948

$

Boston

8th
Ten

Other

1949

Districts

Reserve

_

Francisco

Total

.111 cities

Outside New York

City

—

834,367,018
718,392,162

,

385,777,524
532,782,799

1.4

941,587,,924
409,203,802

—20.9

433,242,598

343,174,312

9.2

5.0

470,096.871
254.078.271

363,661,415
211,637,210

—14.2

674,603,971

624,325,619

3.9

12,541,182,788

12,584,530,734

7.1

6,309,849,976

5,970,162,487

—

—

—

+

—

834,809,809
388,230,567

,

—

5T—

Our usual monthly detailed statement of transactions
the New York Stock Exchange is appended.
The

results

for

August and the

eight months

of

1949,

and

1948 follow:
Description—

Month of August
1949

Stocks—

of

Number

shs._

1948

21,785,250

1948

1949

152,938,249

15,039,275

207,939,892

& misc.

14,000

220,000

$462,960,100
845,000

$662,582,900

Bank-

govt
U. S. government

6,769,000
52,000

4,605,500

60,625,670

41,000

400,000

$59,388,000

Foreign

Reserve District the totals record

$51,100,000

3,607,000

of

crease

1st

3rd

$524,830,870

$55,966,500

Months—

No. Shares

No. Shares

18,825,034
17,179,755

23,556,803
23,757,877

21,135,600

20,217,606
16,801,286
22,992.575

51,510,197
34,092,745
25,663,765

57,140,389

60,011,467

19,313,984

I4,6i2~565"

18,179,374
-17,767,357

42,769,258
30,922,212

20,619,550 " 31,426,715
20,615,786
30,409,809
17,482,740 21,716,872

"

June

2nd Quarter

55,260,715 108,304,035

Six Months

July

112,401,104
18,751,895

-

August

21,785,250

The

19,336,900

58,718,076

Reserve

Month of August

1949

1948

2,345,936,119

2,234,833,315

29,341,678,047

3,953,956,385

4,178.871,368

"

"

3,451,531,303
1,930,890,519

"

2,694,786,839

"

5,602,173,276

New York

28,715

_

16

"

1,756,452,208

15

"

2,487,401,786

11th Dallas

11

"

2,102,475,773

12th San

19

"

3,295,501,879

1,763,985,665
2,701,422,693
2 224,440,512
3,554,700,673

61,332,538,193

62,188.839,063

32,617,187,751

33,940,101,695

1948

1947

Louis

St.

PittsburghSan

Fran._

Baltimore

$

20,626
13,958
26,224

23,472

919

14,900
27,974
8,158

1,632

1,181
1,591

10,034
12,743

10,146
13,670

8,808
12,610

8,441
11,700

783

781

7,075

7,219

6,462

3,966

3,206

3,353

1,168

974

1,290

1,060

1,692
966

682

748

649

606

5,644

6,047

5,375

1st

1,326

2nd New
3rd

14 cities

Minneapolis

1,171

1,196

1,057

10,168
8,298

11,238
10,949
8,934

9,922
9,551
7,547

Orl'ns

479

491

409

452

4,157

3,966

3,693

13,195

11,403
3,511

New

Detroit

_

1,720

1,646

1,479

1,351

12,976

ZiOuisville

492

487

404

388

3,978

Omaha

486

508

486

415

3,827

___

Providence-

103

88

832

90

96

„

3,997
4,064
903

7,996
6,436
3,520
9,757
3,009
3,030

3,768
830

748

Milwaukee

264

252

208

200

2,037

2,042

1,752

Buffalo

338

362

320

296

2,688

2,856
2,881
3,476

2,635
2,488

2,689

391

367

323

297

2,936

444

Indian'polis

452

397

380

3,322

218

221

181

195

-

1,804

1,790

1,322

1,589

Memphis

564

451

495

4,085

4,075

3,696

3,244

321

305

273

257

2,877

2,806

2,545

545

426

395

3,792

4,058

3,344

Salt Lake C.

231

245

197

170

1,825

1,834

1,510

108

98

94

86

872

851

794

52,996
8,336

Total
Out.

all

32,617

now

6,597

67,329

33,940~29,640~28,107 260^918

add

our

68,427

57,006

49,328

271,471 239,320 210,826

1949

-Month of August;: 1948

5.5

"

1,582,365,211
1,423,079,592
2,172,826,780
1,631,564,357,

7.3

1,886,741,826
3,062,889,763

1.4

56,018,943,119

56,493,023,207

3.9

29,640,036,890

28,107,737,854

—

2,877.149,659

Eight Months
Inc.

$

30,396,480.108

—

14,570,530,879

14,549,135,046

21,807,526,993

21,804,017,561

-30

44,906,251,868

47,164,840,695

16,005,860,194
12,679,845,497
19,748,013,727
17,470,170,760
26,138,132,139

16,451,037,197

27,783,611,185

498,003,683,074

518,375,455,495

260,918,213,830

271,471,020,410

Louis
16

15

City

.

11

1946
$

17,722,931,056

3.9

243,226,945,532

4.7
4.4

29,398,982,356
26,439,853,260

+

1.4

13,099,408,764

+

0.1

—

—

:

17,802,617,164

—

—

27,442,169,100

23,300,851,035
11,910,328,687
17,622,052,810

42,263,070,896

2.7
—

16,493,302,455
251,622,630,424

19,787,152,735

4.8

13,276,515,133
21,386,389,530

14,370,362,873

4.5

11,308,506,897

7.7

36,470,178,859
12,356,462,193
9,542,842,348
15,631,444,888
12,061,959,388

18,867,638,173

1:9

■■

'

$

3.4

—

.

Eight Months

1947

or

Dec. %

Francisco

19

Total

183 cities

14,426,272,840

Outside New York

The

City—

following compilation

covers

5.9
—

—

23,575,292,784

21,092,587,482

3.9

474,486,418,166

455,546,809,669

3.9

239,320,163,146

210,826,041,020

-

the clearings by months since Jan. 1, 1949 and 1948.
MONTHLY CLEARINGS
•

Months—

Clearings, Total All

1949

Clearings Outside New York

1948

Inc. or

$

$

January
February

64,919,266,285

66,698,329,329

56,098,307,779

March

67,473,571,160

57,470,663,632
69,179,885,164

Total, 1st Quarter

188,491,145,224
60,467,523,722
61,328,509,588
66,267,522,393

69,422,367,362

Total, 2nd Quarter

188,063,555,703

197,169,769,556

Total,

376,554,700,927

390,518,647,681

60,116,443,954

—

62,064,219,618

June

—

65,683,182,576

May

—

193,348,878,125

April

65,667,968,751

6

Months

1949

Dec. %

J

—

—

—

2.7

—

—

Inc. or

$

Dec. %

34,301,881,876

35,547,131,527.

29,710,132,467
35,559,789,797

29,923,848,922

35,336,817,667

99,571,804,140

100,807,798,116

32,246,291,157
,31,894,721,808

33,839,268,189
32,597,114,173

2.4

2.5

2.5

i"'

7.9
1.2

;

4.5

••

1948

$

:

33,626,823,708

4.s.:, v.:
3.6

97,767,836,673

v-

8.5

35,448,835,893

,i

^

101,885,218,255

197,339,640,813

202,693,016,371

July
August
r

61,332,538,193

Total, 8 Months—

62,188,839,063

498,003,683,074

...

—

30,961,385,266
32,617,187,751

34,837,902,344

518,375,455,495

33,940,101,695

260,918,213,630

1.4

—

—

3.9

271,471,020,410

#•
:

-Jan. 1 to Aug. 31Inc. or

1949

—

.

—

—

—

—

—

—

—

—

3.5
0.7

0.6

1.2
4.4
2.2

5.1

4.0
2.6

—11.1
—

—

3.9

3.9

-Week Ended September 10-

1948

Inc.

$

or

1949

1948

$

Dec. %

$

Inc.

1947

or

Dec. %

$

1946
.•.

Reserve District—Boston—

Me.—Bangor

'

6,833,485-

8.140,013

—16.1

18,101,136

19,637,865

1,979,029,900

1,857,606,826

7,559,257

7,900,871

4,019,126

4,491,532

3,871,850

3,723,648

8,283,875

8,277,884

—

Portland

Mass.—Boston
Fall River

r—

Lowell
New Bedford
?•

1948

.->

33,018,259,696

Kansas

Dec. %

$
Federal

—

r+

2,488,978,046

.

detailed statement showing the figures for each City for the month of August and the week ended
Sept. 10 for four years:

Clearings at—
First

1,673,020,921
1,548,206,616

7.9

29,262,981,247
3,519,250,765
3,229,977,907
1,611,604,044
2,328,151,673
4,883,707,070

49,896 430,674 449,948 416,580 406,218

7,187

61,332 62,188 56,018 56,493 498,003 518,375 474,486 455,546

N.Y.C.

We

53,606 48,831

8,582

—

256,029.332,187

Minneapolis

12th San

692

Other cities

—

8

Chicago

8th St.

1,231

Hartford
Tot.27cities

—

29,045,063,188

Atlanta

9th

3,024

551

_

_

Seattle

5,231,817,523

1.9
0.4

—

31,469,380,612

-16

2,077

513

Richmond

2,308,619,139

3.0

246,082,764,134

York

Philadelphia

10th

2,074

3,077

Paul—

Denver

3,264,515,089
1,582,033,966'

0.7

18,713,219,993

4th Cleveland

1,528
2,173

St.

3.4

18,080,143,083

8,256

1,208

1,150
1,135
977

10,004

1,382

City

-+?

—

Eight Months

$

Boston

4,591

1,410

T.222

Kansas

1,970,364,902

3,381.241,813

—

1949

7,146

1,231

Cincinnati
Cleveland

2,284.922,303

27,305,956,114

6,006

1,655

_

l.

1.4
5.4

,• —

Eight Months.
Federal Reserve Districts

1946

$

25,618
15,566
31,396
9,467

2,710

1,955«

937

Fhila.

5.0

We append another table showing clearings by Federal Reserve Districts in the
eight months for four years:

7th

23,727
15,057
29,857
8,974

2,845

1,857

1,151
1,564

_

3,100

1,110

_

Boston

.

;

1946

$

+

1,984,918,906

6th

28,248 26,378 28,386 237,085 246,904 235,166 244,720

2,843
1,979
3,744

Chicago

1947

—10.4

..v

5,772,506,750

1,947,601,427

20,807,082

$

1949

+

1,867,826,291

"

Outside New York City

Reserve District 7.3%.

or

+

2,713,185,599

183 cities

District

City Reserve District the totals

—

3,850.469,244

8

16

-

Reserve

Dec. %

7

Jan. 1 to Aug. 31

—

1946

1947

$

_17

Total

St.

83,553,396

14,153,458

$$$$$

Inc.

29,763,830,679

Francisco

the

Louis

San Francisco

"

!

The Chicago Reserve Dis¬

3.0%,

Minneapolis Reserve

the

and

1948

"

Louis

of

loss of 7.9%, in the Dallas Reserve District
5.5%

a

and in the

30

CLEARINGS AT LEADING CITIES IN AUGUST

(000,000

decline

In the Kansas

14

5th Richmond

omitted)

show

the

larger by 3.4%.
a

1.9%

16

York

Chicago

8th St.

cities for the
month of August and the eight
months ended with
August in each of the four years is shown below.
BANK

of

of 0.4%.

$

i.14 cities

are

suffers

District

1.4%

District

Districts

Cleveland

168,315,502 125,369,656 194,820,103
' 24,585,115" 25,472,787 20,595,100
15,039,275

of

1949

9th Minneapolis
10th Kansas City

of bank clearings at leading

course

Reserve

66,651,580 111.266.707

-

Quarter

April
May

Cleveland

Boston

7th

No. Shares

January
February
1st

the

5th Richmond

1946

No. Shares

March

In

6th Atlanta

1947

1948

1949

5.4%.

Philadelphia

4th

|^946 to 1949 is indicated in the following:
(.*

increase

Month of August-

$725,745,080

$66,223,100

__

an

5.0%, but in the
Philadelphia Reserve District the totals register a de¬

2nd New

h":

are smaller
by 10.4% and in the Atlanta Reserve
District by 0.7%, but in the Richmond Reserve District

and in the Boston Reserve District of

The volume of transactions in share
New York

totals

trict

properties on the
Stock Exchange for the first eight months of

bonds

of the clearings for

aggregate of clearings having been $61,332,538,193
$62,188,839,063. In the New York

Federal

Total

a summary

the totals

58,764,680
790,500

Internat'l

today

and the 1948 aggregate

Eight Months

Bonds—

Railroad

We also furnish

the month of August. For that month there was a de¬
crease for the entire body of
clearing houses of 1.4%, the
1949

on

—

31,942,813

32,197,334

21,695,609

23,014,691

108,693,319

98,334,441

48,562,661

49,332,113

Springfield
Worcester-

Conn.—Hartford
New Haven

—

—

—




7.8

137,024,178

15,057,656,273
58,824,558

15,566,266,509

—10.5

32,616,201

34,882,795

+

4.0

28,857,423

28,664,895

+

0.1

60,292,161

65.657,800-

0.8

254,776,543

264,366,342

5.7

177,298,380

187,339,522

+ 10.5

872,526,440

851,509,422

1.6

370,234,067

383,478,455

7.7

96,332,300

—12.2

153,059,237

6.5
4.3

—

+
—

—

—

12,115,000
103,318,500

—14.2

94,825,900
832,201,100

903,523,000

7,520,688

6,742,597

+ 11.5

46,762,180

49,604,408

2,345,936,119

2,234,833,315

5.0

18,080,143,083

18,713,219,993

—

+

1,787,822

—10.5

305,244,780

1,823,467

—

—

+
-

1,813,686

3,635.266

3.3
8.7

—

64,458,071

11,188,500
■

Total 14 cities)

64,077,237

88,633,900

Waterbury
R. I.—Providence

V. H.—Manchester—

56,247,679

—

—

—

+
—

—

—

—

1

6.5

;

0.7
*

8.2

3.6

3.5

:

819,245
1,566,607

5.7

CO

.

'

701,049
1,610,546
4,232,375
18,211,482

8,434,169

—

—

1.4

1,884;705
4,569,617

5.5

3.9

+ 11.9

-

/ft"

388,234,699
2,014,450

$

1,793,007
:

4,627,309
.

407,816,616

1,683,227

1,

5,997,818

18,354,047

1.6

7.9

~'L

:

4,519,060
r

317,797,021
1,630,294

6,369.530

5.4

2.6

3,846,006
V

—

8,695,179

+ 16.9

1,026,538

903,189

2,062,682
7,212,250
5,584,715
21,294,160

2.7

2,040,796

+

6.2

6,697,172'-

+

6.8

5,076,550

0.8

22,595,436
8,982,411

—

+
—

3.0

9,476,961

•

17,167,300

it

19,174,100

1,087,849

1,150,195

370,809,142

384,859,751

—10.5
—

—

22,419,800?

25,973,200

5.4

1,520,783

1,209,293

3.7

467,062,957

489,636,609

46

—Month of August

——

■■■■* ■s

^

93,297.546
14,173.995

362,558,262
6,681,399
8,026,267
28,248,737,368
86,693,551

Binghamton
-

7.486,764

Elmira
Jamestown.

8,082,816

-

-

28,715,350,442

New York—

Rochester.

-

84,001,259

-

56,728,921
3,159,655
177,120,609
193,431,495

6,891,549

Conn.—Stamford

-

.

N. J.—Montclair

—

...

Northern N. J.

29,763,830,*679

Total 14 cities)

5,362,466

4,612,367
5,337,348

12.1

55,358,168

55,680,142

0.7

60,850,885

22,252,941

237,085,469,244

Lancaster

14,222,005

..........

4,683,516
6,177,618

-

Norrlstown.;

458,891 561

91,837,402

3,953,956,385

Total (16 Cities)

1.4

24,966,003

26,165,277

3.8

1,411,203,579

1,462,013,664

1,847,074

9,693,178

9,431.045

9,736,846

10,404,505

31,831,745

2,339,682

2,650.890

83,827,683

5.4

—

15,503,530

31,901,633

1.4

1,530,173

84,582,997
1,410.284

—24.3

.1,979,514

1,828,816

+ 16.9

6,231,332,812

6,614,368,247

3.5

18,384,104

2.8

11,151,970

19.793,161
11,234,343

—

+

4.6

616,201

3.5

—

31.506.820

6.4

—

514,534

10,262,123

10,467,934

+ 19.8

630,825

581,660

8.1

36,983,875

36,212,383

0.1

43,454,508

42,773,230

+ 16.0

6,473,778,907

6,857,735,690

8.7

1,382,279
1,024,542

1,216,466

+ 12.4

34,296,896

7.5

1,360,268

1,450,877

6.1

2,99T686

2~9$l,9li

1.5

742,000,000
2,692,615

800,000,000

—

—14.3

1,675,650,952

1,793,928,099

0.8

58,444,186

58,089,182

+

246,082,764,134

1.4

+

6.6

—

37,420,228

37,456,292

5,643,073,909

4,866,431,885

—

0.6

+

3.9

256,029,332,187

38,369,932

39,575,487

9.3

37,874,554

36,145,059

+

7.2

37.622,036

40,049,314

+

0.9

171,996,767

180,158,074

2.3

110,720,604

112,796,257

6.7

32,763,560

33,259,949

47,886,356

49,606,952

5.6

29,857,000,000

31,396,000,000

—

—

*

98,499,085

102,289,788

174,359,238

175,441,424

86,342,525

83,606,074

—13.2

135,846,822

145.428.107

+ 15.2

10,330,981

10,512,411

647,000,000

657,000,000

2,396,889

2,412,570

1.2

3,994,748
2,214,844

+

—

708,855

+

1.5

—

+ 10.3

2,143,937

1.8

—

3.1

2~273,910

795,696

3.5

—

4.3

+

1,509,795

4.5

—

—

+

939,083

976,379

3.7

+
—

1,055,623

4.9

—

864,564

4.8

—

—

—

21,744,491
11,383,920
19,097,031
1,382,502
6,874,858
35,639,742
40,390,416

1.8

6.1

—

5.8

0.7

+
—

+

3.3

3,830,536
2,100,194

—

6.6

3,052,633

—

0.7

—

3,015,531

4.1

2,933,296
4,736,739

5.2

—

+

4,545,184
2,363,443

1.2

—

3,717,041

4,085,927

7,907,734

2,094,900

1.7

—

48,197,456

—

0.9

2.8

300„723,397

301.501.108

—

0.3

—17.2

8,139,041

280,790,198

262,692,176

+

6.9

6,624,801
6,623.546

8,001,611

0.1

4,539,226

+ 45.9

5,925,653

6,240,310

5.4

31,469,380,612

33,018,259,696

4.7

676,799,075

686,567,041

—

1.4

776,141,752

834.367,018

—

—14.8
—

—

—

47,754,557

—

•

Reserve District—Cleveland—

Federal

23472,489

Cincinnati.,

29,846,518

682,129,301

Ohio—Canton

748,166,897

Cleveland

1,222,363,479

Columbus

5.6

—

234,853,127

240,005,304

5,644,368,543
10,168,063,036
1,125,764,200

6,047,457,399

145,361,200

174,117,200

—16.5

6,699,336

7,939,401

—15.6

Lorain

4,814,517

4,393,395

Mansfield

18,083.671

30,246,626

Newark

17,994,139

Toledo

71,978,116
2.545,802

Pa.—Beaver County..

2,689,521

201,245,106

211,893,450

—

4.4

561,293,384

616,630,703

—

15,599,931

5.2

166,883,833

+

144,745,031

162,776,235

—

3Ky.—Lexington

13,614,823

16.466,570

—17.3

W. Va.—Wheeling..

15,341.913

18,362,548

—16.5

145,347,780

3,942,263,

6,558,645

6,010,504

1.1

5.0

251,050,961

267,671,245

9.0

740,373,122

718,392,162

7.3

2,824,422

2,223,097

5.6

11,569,000

9,021,000
132,454.391

3.9

—11.1

143,641,721

29,045,063,188

3,778,447

5.0

—

148,646,182

129,445,215

+

1.3

+
—

173,571.521

8.1

—

18,797,789

5.7

10.2

—

5.1

+

10,146,297,527

22,855,666

30,396,480,108

2.2

—

9.9

—

#•

t

—10.4

—

Federal Reserve District—Richmond—

12,079,463
52,516,000
551,218,097

Va.—Huntington
Va.—Norfolk

VT.

Richmond
C.—Charleston
*

—

Md.—Baltimore
Frederick

13,356,104
30,568,367
937,431,953
4,043,980

329,676,555

D. C.—Washington

1,930,890,519

Total (8 cities)

Federal Reserve

.

90,057,160

97,439,090

7.6

385,190,000

1.8

2,174,366
9,984,224

2,346,609

392,143,000

2.3

4,085,559,645

4,075,735,204

0.2

116,237,727

116,723,352

0.4

130,907,656

6.4

116,775,646

115,933,373

0.7

2,704,325

3,592,200

—24.7

3,426,405

3,812,266

193^306,564

200"l81,962

—~3.i

153^034^508

172,599,564

+ 3*7.0

717006,346

65,667,206

3.4

372,768,337

385.777,524

—

564,338,378

—

14,272,851

—

28,252,726

+

8.2

255.207,689

233,259,487

906,354,557

+

3.4

7,075,017,956

7,219,131,976

2.0

—

+

9,459,000

—

9.4

3.8

34,682,229

35,046,154

1.0

+ 13.5

4,203,822

2,521,087,554

2,387,399,762

5.6

75,258,405

54~S45,353

14,570,530,879

14,549,135,046

1.4

400,265,611

387,248,476

—

290,397,895

1,867,826,291

61,789,180

+

64,572,437

Nashville

299,574,655

977,700,000

989,400,000

Augusta-

16,994,108

17,501,811

Columbus-

16,013,527

20,420,631

Macon

14,397,064

14,204,441

314,591,558

312,433,192

24.014,576

21,112,934

392,968,627

366,289,481

26,073,334

28,556,182

15,556,608

15,883,739

15,600.000

16,083,000

33,196,482
5,356,516
1,729,382

1,751,246

479,231,222

491,438,564

2,694,786,839

—

308,594,900

Ga.—Atlanta

2,713,185,599

Fla.—Jacksonville
Tampa

Ala.—Birmingham
:

Montgomery
Miss.—Hattiesburg
Jackson

Meridian

Vicksburg
La.—New Orleans
Total (16 cities)

Seventh Federal

4.9

+ 11.0

12,696.062
47,310,000

3.4

_

+

+

District—Atlanta—

Tenn.—Knoxville

Mobile

24,744,800

m

5.0

—

14,854,423

10,034,196,036

17,277,732

3,850,469,244

—

20,572,761

20,832,364

4.5

21,665,639

3,451,531,303

5,698,846

—JO.8

Oil City

Total (17 cities)

3,854.397

6,280,928

552.899,257

Erie

Pittsburgh

3,636,391

581,195,029

5.3

28,651,800

6.9

142,827,880

+

*

—14.6

30,885,500

+ 15.0

163,693,734

214,793,799
150,276,555'

—

131,688,991
278,511,002

—.i.—

152,420.849

1,921,489

152,165,820
289,443,944

1.4

247,074,022

1,290,429,223

5,823,357

8,723,505

6.8

9.7

5.0

2,008,365

26,370,900

8.3

—13.6

—

+

8.0

1,151,234,155

Oreensburg

232.303,380

—

+ 11.7

64,412,758

200,828,208

56,310,248

+

18,939,548

6,317,343
125,677,787

32,755,049

—12.7

27,995,292

5,792,975

4.5

—

1,178,503,300
.

—

20,725,496

Youngstown

55.529,106
35,917,206 '

9.6

+

10,949,425,093

—

117,138,876

7.1

—

—11.6

1,382,409,923

2.1

6.7

—

8.8

—

Hamilton

Columbia

$

•

4,178,871,368

——-

....

Fifth

1946

$

2,0

+
—

4,674,179,247

1.7

—

—

3,966,000,000
12,788,410

-

Reserve

—

—

—

4.3

546.996,400

2.9

2,266,009,389

1.2

7,480,800,000

2.9

142,701,814

573,234.772

1.5

11,744,246
50.118,957

2.3

169,700,000

+

3.9

3,732,691

2.5

3,225,320

0.1

58,710,191

56,059,047

2.9

80,975,834

72,352,971

5,385,435

5,801,760

128,974,661

143,194,085

1.4

115.556,705

118,508,562

—

+

9.9

—

+

0.7

2,832,919,259

2,836,496,092

+ 13.7

223,947,720

198.C31.452

—

7.3

3,131,452,919

3,042,075,708

211,794,966

243,499,582

114,629,764

117,953,266

3.0

126,956,000

124,063,000

38,916,753

—14.7

271,351,035

285,002,090

6,026,288

—11.1

41,825,032

46,372,203

1.3

14.267,055

14,880,150

4.1

392,565

4,157,344,274

3,966,927,903

+

4.8

74,809,964

79,603,820

0.7

21,807,526,993

21,804,017,561

+

0.1

458,795,203

—

9.9

—

—

4,681,956

4.7

3,523,227
71,632,473

65,040,018

76,666,834

7174647171

7.2

6,675,383

6,350,581

+

518,094

2.5

—

4,821,814

—

58,220.236

373937856

+ 12.7

2.1

—

7.4

—

.

8.7

+
—

—

14,029,564
194,900,006

+ 11.9

3,650,635

—21.6

15,539,572
62,467,857
180,300,000

—11.7

4,131,466

—13.0

137,314,540

13,062,196

6.4

—25.4

227,600,000

4.6

—

7,653,900.000

—10.1

53,554,943

—

—

2,301,464,116
■

+

—

2.8

—

---

2.3

+

————

4.8

—

—10.8
—

—24.2

487,198

439,494

6,0

106,129,918

114,256,927

516,334,932

—11.1

528,244,276

532,782,799.

1,425,763

1,161,183

+ 22.8

2,774,224

1,173,703:

7,598,180

8.897,075

—14.6

lo7492_,796

9,375,214

4~862,022

47108,214

+ 21.3

57228,890

677257806

—15*9

57555,890

4,699,727

—"671

49~211,000

44,146,000

9.8

5,458,016

4,325,106

—

District—Chicago—

Mich.—Ann Arbor

7,070,154

16,684,328

Grand Rapids

41,348.106

45,021,928

Jackson

46.473,522

51,595,015

4.5

12,976,890,273

13,195,381,518

+ 17.4

1,646.917.016

19,590,531

+ 15.2

6,139,062

1,720,434,117

Flint

Detroit

128,275,560
326.224,148

131,715,760

+

—

8.2

lnd.—Ft. Wayne

+ 17.4

48.719,396

184,587,838

196,759,940

10,522,839

—12.9

75,078,587

85,681,357

7,884,847
24,981,021

2.1

64,258,813

57,393,362

—16.5

20,847,561

+

2.6

8.2

—

49,222,643

—12.4

8,051,669

Bay City

5,849,714
25,936,769

1.7

—

—

355,466,869

6,869,067

22,721,455
9,162,693

Lansing
Muskegon

1.0

—

6.2

—

—12.4
+

12.0

—14.1

183.025,360

212,968,524

4,363,811

5,191,530

51,618,432

50,343,423

+

2.5

404,813,219

383,832,567

+

5.5

221,378,383

218,371,455

+

1.4

1,804,090,479

1,790,876,328

+

0.7

4T004,G0O

437o~4~8~,000

South Bend

27,026,785

27,729,307

—

+

2.0

til,121,347

5,755,883
+2,171,356

6,381,979

Terre Haute

+

0~2
467229,954

447460,082

6.6

3,055,296

1.8

29,967,329
12,100,059

3,173,019
22,138,669

Gary__

Indianapolis

.

—

Oshkosh

230,109,385

18,751,393

+

To

149,732,967

149.491.904

264,497,689

Milwaukee

2.5

18,947,065

Wis.—Madison

252,705,571

+

4.7

2,037,938,258

2,042,955,348

X

X

—

0.2

35,171,550

36,700,401

9.5

61,759,703

62,159,991

1,400,587

—11.0

10,104,933

11,373,383

3,776,082

—24.0

21,063,875

29,529,079

14,730.937

15,193,496

1,974,157
6,849,315

4,525,991

12,604,381
43,271,845

Peoria

Rockford

(30

cities)

Federal

Mo.—St Louis

Cape Girardeau,
^dependence—
3Ky.—Louisville
Tenn.—Memphis..
HI.—Jacksonville.

Quincy.
Total (7. cities).




5,602,173,276

470,003,681

18,716,894

—

—

48,850,128

—

—

7.5

37,960,830

+

To

5379~56~,366

*

;>7;

527502,192

23,727,602,017

25,618,122.090

1.3

107,548,475

105,275,099

361,020.811

390,004,723

0.2

164,933,892

114.547,409
13,973,504

44,906,251,868

—

14,690,116

3.0

+

123,572,111

3.8

—

—

172,307,650

—13.2

47,164,840,695

—

—

—

4.2
0.6

2.8

3.7

3,589,401

2,920,120

+ 35.4

26,651,560

23,520,290

1.0

14,325,967

8,708,723

—18.8
8.2

1,132,288
739,451,367

657,541,302

6.5

3,176,853

2,687,564

—14.3

11,457,726

—

—

12,219,893

+ 15.9
—

41,836,496

8.3

—10.9

5,772,506,750

—

16,147,052

45,273,465

—

1,797,167

—

129,242,975

+ 36.0

15,516,974

—

966,183,165

457,030,321

—19.3

19,787,433

13,461,255

1,728.471

1

120,661,096

948,665,288

1.4

+

48,583,663

19,752,596

Springfield

3.0

+ 14.0

—

4,894.998
3,100,500,704
12,768,210

2,843,067,094

Decatur

—

56,376,422

5,526,739

Bloomlngton
Chicago

—

112,274,875

2,684,083

-

X

X

—28.7

57,185,873

RL—Aurora

—

—11.2

658,582

127,952,389

Des Moines

Sioux City
Ames

3.8

8,315,412

2,869,585

Iowa—Cedar Rapids

4

1,246,878

Manitowoc..

Eighth

225,501,420

7,521,916

■

Watertown

Total

+91,658,941

4,479,536

Cheboygan

t

%

0.8

+

—

1,399,113

14,960,502

5 1

—

5,463,742,239

2.9

—

438,211,479

1,268,249

9.6

—

91,-145.688
445,779,960

.

2,212,399

59,878,351
1,341,085

4.0

—

659,366,190

0.5

+ 13.3

14,550,735
5,021,013
6,561,458

3,744,000,000
Reading-—13,330,650
22,413,376
Wilkes-Barre..
12,551,651
York..
16,573,502
Du BoiS—
1,592,233
Hazleton..
5,859,948
Del.—Wilmington
34,646,101
N.J.—Trenton
—.
40,334,662
Philadelphia

ficranton

7

1947

or

—40.9

19,366,427

2,256,363
59,019,663

0.6

—

678,829.743

435.330.715

1.1

—

11,454,507

5.9

—

246,904,435,085

—

22,047,885

Harrisburg

Sixth

Dec.

5.2

+
—

67,289,459

1.7
3.1

+

5,323,952
5,084,405
4,980,550

Chester

B.

Inc.

$

Reserve District—Philadelphia—

Federal

—Altoona

Fourth

2,856,830,830

1,285.388,318

+

29,341,678,047

Bethlehem

■>

1943

$

+ 24.0

1,036,653 3M
100,476,950

2,688,147,558

—

6,835,570

Oranges

...

105,662,687

6.6

+

11,525,977
50,034,741
3,203,568
184,111,051
225,692,943

11,470,280

Lebanon-.

1949

Inc or

Dec %

$

8.3

+
—

54,683,969

54,104,194

...

......

Utica

Third

Monday, September 19, 1949

-Week Ended September 10-

-Jan. 1 to Aug. 311948

$

+ 17.0

79,755,441
13,087,940

338,531,154

W. Y.—Albany

Syracuse

Dec. %

CHRONICLE

FINANCIAL

&

Reserve District—New York—

Second Federal

Buffalo

1949

Inc. or

1948
*

1949

Clearings at—

Newark

COMMERCIAL

THE

(1122)

7.3

9.3
7.4

1,316,700

1,068,765
529,979,814

2.2

2,566,808

7.4

—

577,493,163
,

8,695,072

2,479,461

—

—

10,149,074

—

—

3,938,648

4,313,637

2,877,195

3,174,272

—

4.8

707,488,599

749,705,951

—

198,900,000

199,700,000

—

8,825,918

8.7

4,950,293

3,872,977

9.4

4,109,287

2,930,046

5.6

941,587,924

834,809,809

0.4

4.3

7.3

S.?

—

855,121

234,100,000

225,900,000

4.9

Louis—

1,110,325,382

1,168,480,623

11,701,498

12.040,815

1,728,316

1.525,097

492,769,982

487,762,213

321,653,281

305,636,665

1,638.191
7,784,777

1,677,379

1,947,601,427

1,984,918,906

5.0

8,974,123,582

9,467 571 4*4

2.8

87,611,829

87,206,355

+

0.5

+ 13.3

12.625,277

12,500,183.

+

1.0

—

—

+

1.0"

3.978.517.266

3.997,291,477

+

5.2

2,877,919 077

2,806.131.527

2.3

13,138.647

13,940.696

—

7,796,114

—

:r

—

0.1

1.9

61,924,516
;

66,390.505

16,005,860,194

16,451,037,197

—

-

+
—

1—

; •/: —

■:

_

_

0.5

98,348,020

103,245,848

2.6

67,122,752

—

66,783,972

—

+

-

—

103,135,288

4.7

69.976,696

0.5

5.8

6.7

2.7

.

1,875,375

i;,* ,366.246.147

; £

;s

1-4

-

95,263,763:
65,676,007

41,991,818

+ 12.3

1,669,635

371,399,455

'

.

.

_

1,390,797

409.203.802

388,230,567

Volume 170

Number 4839

-

THE

•

-Month of August¬

Clearings at—

1949

t-

28,276,887

CHRONICLE-

29,539,738
1,196,379,684
6,848,420

391,001.517

367,731,367

3,674,728

3,722,193

-./'v.' V.^'j 1,122,178

1,176,865

,

Winona,

Fergus Falls.

NTD.—Fargo.
Grand Forks.

-Week Ended September 10

1948

Inc. or

$

$

1948

1949

14,645,283

1946

$

$

Great Falls

4,885,102

5,558,789

-12.1

7,273,576

6,851,910

7.1

188,701,627

255,950,072

-26.3

324,750,936

249,178,917

5.4

2,936,760,949

2,881,738,018

70,028,615

79,309,596

—11.6

77^69,966

68,321,418

28,742,330

29,726,398

3.3

8,754,579

8,344,862

4.9

—18.0

217,401,670

231,817,502

5.8

3.6

33,073,000

33.721.000

1.9

8.8

36,767,760

37,211,534

1.2

+

—

+

1,857,525

+
—

+

15,110,096

1,727,381

1,756,452,208

—

*37,682,932

1,763,985,665

Lewistown.

Federal

5.2

49,544,250

—

3,047,153
17,745,258

40,529,817

l':'-

(16 cities).

216,490,071

8,934,796,485

52,238,124

—

15,975,735

14,096,084

Helena.

Reserve District—Kansas
as

„

6.3
1.3

■; ?.

4.6

2,273,667

8.3

113,886,225

4.3

184,300,201

200,057,682

22,725,012

23,840,048

7,251,711

•—12.9

7,454~684

5,762,962

2,797,965

I

3,269,644

—14.4

3,871,808

2,910,886

0.9

117,990,996

4.2

3,998,751

3,667,115

+

9.0

4,110,750

3,171,764

10,421,541

7,213,615

+

4~4~5

8,210,878

6,976,455

—20.9

433,242,598

343,174,332

0.1

117,951,506

98,498,228

95,447,493

3.2

7.6

313,536,075

286,825,520

9.3

+

7.5

11,441,643

11,118,316

0.4

12,679,845,497

13,276,015,133

2.9

—

4.5

286,423,068

486,849,175

7.6

18,483,812

18,629,982

6.8

230,9257067

237,614,903

—

4.3

3,827,775,769

+

508,610.118

Kans.-—Manhattan

1.1

—

—

'

2,220,373

1,823,531

—23.2

+ 20.9

247,148,207

47,360,119

55,096,721

—14.0

6,083,459

1,231,436,927

1,410,211,034

Wichita.

,

.

Mo.—Joplin
Kansas City

St, Joseph

489,671

19,311,782

505,135

596,300

6,259,190

5,979,599

5.8

95,732,867

99,949,888

7

»•

10,716,938

?

:

612,473
5,760,984

4.2

117,121,485

91,876,800

6.8

6,321,182

5,364,916

8.6

11,366,917

9,949,708

—12~.2

311/732",319

2387570",479

4.8

11,181,975

7,445,507

1.8

2,309,484

1,938,023

9.0

1,884,673

17818,876

9.2

470,096,871

363,661,415

2.1

+

5,494,423

5,145,822

453,699,654

—14.6

10,570,844

11,560,852

—11.0

2257768,741

7.9

8,109,979

257,146,450
3,515,722

48,511,679

•r

10,004,188,940

—

11,238,054,499

Federal

—

-

10,348,982
8,651,291

2,487,401,786

—

452.942,997

2,701,422,693

—

■'

—

348,612,602

378,668,808

13,213,779

13,411,738

1.2

1,119,161,690
79,596,243

1,059,824,999

3,322,629,826

3,476,300,503

71,958,365

•69,641,598

7.9

'

137,716,437

8,383,854
(15 cities)

.

2.1
9.3

+

1,492,052

444,281,284

Pueblo

+
—

4.9

19,748,013,727

21,386,389,530

2.7

238,876,163
131,291,548

239,620,436

8,125,312,356

3.6
1.9
3.1

7';

30,058,104

Beaumont

29,256,432

+

—:13.7

17,753,878
996,863,206

—

3.9

—

4.7

7,968,588,455
755,501,478

—

9.8

787,339,208

6,856,687,341

23,592,000

—

3.8

824,629,331

889,219,859

—

7.3

V' 6,117,857

6,561,188

—

6.8

Houston
__

Falls

Y 16,388,939

Texarkana

(U cities).

;

?,

—

—

738,201.247

50,145,596

+
—

+
—

Ore.—Eugene
Portland

—

3,¥76,977

2,767,429

T.l

97202/732

s.Yiual

5.0

254,078,271

211,637,210

3,598,941

8,902,783

97190,381

1.9

222,842,408

234,580,125

6.6

84,116,572

94,825,573

1.5

3,581,333

3,796,706

112,054,223

128,389,297

42Y82/743

45732(5,674

97216,222

8,379,325

17,470,170,760

17,802,617,164

—10.4

42,680,979

45,640,682

—

5.9

3,792,060,532

4,058.975,495

—

2.4

118,400,572

120,201,774

+27.6

215,578,284

171,888 380

+ 25.4

—14.2

62,795,000

71,758,000

—12.5

133,432,450

1.7

+

0.5

r

—

rr—

—

694.477,332

—13.7

4,668,155,056

5,106.625,470

13,125,446

—16.0
5.5

77,302,820
1,825,220,938

91,949,008
1,834,992,294

—14.6

485,592,497

539,373,773

2.4

187,432,221

221,654,369

20,429,1.6
25,261,520

23,050,470

59,577,149

45,704,367

16,474,366

—

19,951,619

18,094.048

Berkeley—
Long Beach
—

Pasadena

39,791,196

9.6

193,533,402
444,895,292
126,722,590

32,767,902

—

364,232,851

9.0

—

194,930,814

+30.4

132,970,779

—

+21.4

327,489,701
73,115,852

12,743,285,479
353,606,640

—

13,670,825,352
142,042,699

8,746,084

9,002,698

1,692,233,052

—

7.6

48,470,650

49,656,784

—

2.4

16,657,498

18,266,712

—

8.8

34,249,774

37,318,504

—

8.2

133,547,267
266,717,017

3,295,501,870

3,554,700,673

—

7.3

26,138,132,139

27,783,611,185

61,332,538,193

62,188,839,063

—

1.4

498,003,683,074

518,375,455,495

'32,617,187,751

33,940,101,695

—

3.9

260,918,213,830

271,471,020,410

—

JNot

2.9

0.5

CERTIFIED

BY

FEDERAL

9,

RESERVE

1949 TO SEPT.

-

Sept. 9
peso—

;•$

BANK

15, 1949,

Buying Rate

Unit

For "regular" products
For "non regular" products

79,289,431

—

—

367,593,048

—

6.8

234,385,906

289,261,830

3.8

—

—

—

7.6

7,564,510
2,816,297
7,182,474

3,125,236
6,018,088

5.0

510,340,431

594,839,322

3.9

10,561,924,908

10,164,635,298

Value

for

in

Cable

United

Transfers
States

Sept. 10

A.

7.

in

New

Money

:

;

'

Official

$

.297733*

.251247*

.251247*

.251247*

'

.200000*

Closed

•

.200000*

3.209986
.022750

.021850

.054406

.054406

12,584,530,734

6,309,849,976

5,970,162,487

.022750

.953125

vi. .953125

.301160

and

Heller

(Walter E.)

1004671*
.003022*

'"WT

India, Dominion of, rupee

.004671*

,

.301678

j Mexico, peso—j,

.301678

.115718

.

::

.376033

pound/

.376055

3.987620

Closed

3.988653

Bethlehem

.208535

.004671*

.004671*

.7.003026*

—_

.020060

.208535

.003024*

777?

7

.,.'•'.370033

Y

3.988240

Service

1st

Dan

5s,

Co.,

—

5%

3 V* %

Corp.,

Union

gold

debentures, due

Terminals

mortgage
River

lnc.,AVu%

and

-1st

ref.

Electric

.201580
.497400

7

Lprjllard

(P.) ^Co.,>20-yr.

Louisiana

.039943

V

.201580

,

/■

.201580

^

V

.201580

.201580

;

"

—

•'

Portugal, escudo_'*rk-

7,

•

,469266 A

Y

——

.497400

■

.278228

1 Union Of South Africa, pound—

4.007500

)

4.027500

United Kingdom, pound sterling—
Uruguay, peso—;

.0400001
.469266/

.278228

Closed

Power

i-'t

4.028437

l .233629^
4.007500 +
4,027812

"

.658300*t

"

1

Uruguay, peso—

.561799*t

.561799*t

/

Uruguay, peso

.531909*t

,531909*t

1469266

.1

1st mortgage

.039964
.469266

Maine
1st

.658300*t
...

-

•

.278228

,.278228

7

7

.233629
4.007500

Vu:i,

Light Co.,

Public

4.027500

.233629

7

New
-

4.027812

658300*t

.658300*t

,588223*t

.588223*t

.561799*t

.561799 "* t"

.561799*t

.5319U9*t

.531909 * t

.531909*t

Haven

3%

Co.—r

Gen.

and

ref.

1

1937—-Oct

Puget
..

Sound

$4

Power

,

debentures, due 1963J_.-Oct

1

83%

1

of

385

/

,

8W

Oct

—

:

"

?

1956—^^

bds;,

—

Oct

)

99%

debs., due 1958 -Oct
/

series B,

7
due 1975_

.Oct

' 1

Oct

15

085

&

..1st mortgage

4 */*%

Safeway Stores, Inc.,

preferred

38*

bonds, due 1975. Oct
'

15-yr.

3'/4%

mtge.

Inc.,

Lfl
734k

)

:

due 1969 .Oct

'- ^

Co.—

,

,

1

'

-

Co.y Ltd.—

1

-Oct

^

.

debentures

bonds, due 1974.

& Co., Inc.,

Water

Pillsbury Mills,

.

39«

19

-Oct

stock

bds., series jp,

3%

Light Co.—

Service

Electric

Mayer (Oscar)

-4.007500

.588223*t

&

3%

I

Sep

A

series

.r4,/2%.lst mortgage bonds, due

1

nr

■

71

mortgage and collat. trust 27/a%

Maritime

YY

.588223*t

7 "'
;

.039983
-

^.278228 :

4-007500

.658300*t

.469266

.497400

•

Y

.588223*t

—

.497400

.497400
.039957

..

-

..233629

.233629

..

'l

1958—_ _Oct-

1960

preferred

mortgage 3%%

Hartford

due

Co.—

bonds,

Mills,

Gulf, Mobile & Ohio RR.—
v

3.988240

debentures,

'

Norway, krone———_J———.

Philippine Islands, peso.

1
1

1

mortgage

Cleveland

V" 1376033

.3176077-'}
/

15

Co.—

1

.301678

; 3.987620 ;■

Machine

&

-Oct
due 1954-—
Birmingham Electric Co., 1st mtge. 3% bds.,-due 1974 -Oct'
Celanese Corp. of America, 3% debentures, due 1965- -Oct

1st

.115718

.301678

,115718

!

.

Foundry

15

Cities

.

Celotex

1,7

-

J-

Pam

AA. A/A:/ •'A'A" A"/
7
v
¥/,:../■ t.'v ■¥

«

.951875

-

Netherlands, guilder——.

Co.—

.301166

.020060

'.115718

Date

n*

PARTIAL REDEMPTION

Company and Issue—

.

.020060

.301678

.115718

,

m

v-

.003026*

.003024*

'.V

Pact

20-year 3% debentures, due April 15, 1962_i—— -Oct
-Oct
25-year 3% debentures, due Oct. 15, 1969
-Nov
American Viscose Corp., 5% preferred stock—

.004671*

<

"

bds., due

Co.. bV2% preferred stock

"

•;

1.000000

1.000000

.208535

020060

Date
1972_Sep 20
Sep 26

*

;

3'/2%

mortgage series M

.021900
.054406

ref.

.951562

.301166

' .208535

OF TENDER

,301166

1.000000

,

••S-JHi

page number gives the location in
(except where indicated) in which
given in the "Chronicle."

were

.022750

.054406

;

details

1st

3.209660

.021890;

.022750

1.000000

.208535

-35

Uruguay, peso—

12,541,182,788

Company and Issue—

France (Metropolitan), franc—

-

3.9
7.1

—

Central Maine Power Co.—

.200000*

.200000*

3.209160

3.209660

.021800

020060

Denmark, krone

Switzerland, franc__

624,325,619

NOTICES

$

.297733*

.953750

Bweden, krona-^i—

674,603,971

¥+

Sept. 15

Sept. 14

.297733*

.301166

:

Czechoslovakia, koruna—"

1

6,863,591

—14.2

a list of corporate bonds, notea^
and common stocks called for redemption,
those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬

the

.251247*

1.000000

BtraitsSe'ttlement, dollar———

3,727,511

8,207,535

the current volume

$

.021856

■

-10,336,162

3,773,944

+ 19.3

5,490,456,051

American Tobacco

;•

344,653,203

11,187,580

preferred
including

1930

OF

'*

New Zealand,

348,744,571

9.9

Notices

Canada, dollar-

f-

—19.0

—

-

Sept. 13

%

.054406

Foreign "bank notes" account

*

7,406,574

Below will be found

York

.022750

Brazil, cruzeiro—

TARIFF ACT OF

.297733*

3.209160

Belgium, franc—

UNDER

Sept. 12

$

.200000*

Australia, pound

-

8,527,383

.7,579,892

—12.7

9,785,716

5,098,182,669

3.9

—

9,156,736

+10.2

•

7.8

6.0

—

*

—10.0

w

5,936,877

INCLUSIVE

.251247*

1——

42,2597399

Redemption Galls and Sinking Fund

TO TREASURY

.297733*

For certain industrial products-

Official———

100,102,170

48,612,517

ing tenders, and the

Noon

—

117,058,701

¥.4

—

available.

SEPT.

Country and Monetary

—12.7

YsYoTiil

Foreign Exchange Rates

RATES

5,045,894

0.7

Pursuant to the requirements of Section 522 of the Tariff Act of
1930, the Federal Reserve Bank certifies daily
to the Secretary of the Treasury the buying rate for cable transfers in the different
countries of the world. We
give below a record for the week just passed:
EXCHANGE

95,403,732

5,049,743

'

4.7

+ 17.0

288,753,689

—

—

8.6

+ 22.1
—

279,913,277

1,564,266.988

•

San Jose—

FOREIGN

115,232,752

5.7

—15.4

+

—11.3
—

—10.0

+

48,111,0

Calif.—Bakersfield

totals.

—

—15.9

245,093,842
56,331,683

Ariz.—Phoenix

tNot included in

—

6.5

11,030,724

*

3,991,000

—1¥.9

3,135,786

0.7

5.5

135,737,150

231,704,812

'

19,~44¥,973

5,258,584

1.8

2,224,440,512

599,542,770
.

Salt Lake City

(183 cities)

247912,390

4,296,000

34,483.834

8,461,000

Outside New York

¥.0

+ 14.0

21,071,228

4,899,000

315,204,875

28,514,540

A

—

197381,160

1.5

34,298,918

Ida.—Boise

(19 cities)

17076~0"67000

9.7

317,380,903

6,123,893

_

6,514,019

20476r7~0700O

—

2.3

0.4

15,924,974
22,341,138
9,862,000

San Francisco—

6,957,588

T.I

6,235,705
190,187,870

1.9

4.7

545,374,209

Utah—Ogden

2.5

—

6,079,930

6.5

2.0

5,487,829

—

—

180744~3~,749

0.3

+

15,539,883

Santa Barbara-

+

Francisco?

.

Riverside—

—

1.1

—

140.350,273

—

513,184,402

•Estimated

393,817,115

—

Yakima--

Grand total

357,547,931

4,510,231

2,102,475,773

Federal Reserve District—Sail

Stockton

7.7

17,201,456

Seattle—

Modesto

1,893,806

4.4

39,598,880?

4,421,321

39,760,976

—

Wash.—Bellingham

2,539,005

27063,627

—

6,960,320,684
51,050 097

89,593,972
110,289,410.

22,704,000

La.—Shreveport

2,493,125

+3.3

192,287,000

85,391,910
99,501,450

;

Galveston
Port Arthur———!

5.6

+ 12.0
—

872,353,912

194,324,000

El Paso
worth—

+

—

1.5

•

958,176,309

/

;

—

—

71,043,850

15,325,576

Dallas—-,

—

District—Dallas-

Reserve

Texas—Austin

Ceylon, rupee

833,808

6,889,046

—

+ 10.7

.

■

323,649

455,982

7.8

4.7

+

—17.8

~

46,153,211

3.1

+
—

13,487,550

387,367,098

?

—

0.8

2.8

223,189,504

1

'i;

—12.7

44,594,641

1,630,510
136,034,348

Colo.—Colorado Springs.
V. Denver

Wichita

19,711,375

6.0

—

■

45,514,535

Carthage
Okla.—Tulsa

Eleventh

—

—

4,064,998,481

11,087,843

29,190,959

5,720,420

Topeka

2,195,694

1,400,888
m 35,300,938

Parsons
'

Argentina,

362,220,542

;

*550,000

Omaha..

Twelfth

J

4.7

118,884.448

I

6.7

—

30,346,585

Lincoln

Total

5,589,467

7.9

9.1

+

—

2,118,192

28,2727810

Hastings

Total

1.9

City—

Neb.—Fremont

Total

4.3

I 205,331,679

22,867,491

2,771,162
17,901,070

-

Mont.—Billings-

*

1947

Dec. %

8,298,397,026

—

4,964,897

23,860,570

Huron

;

'

Inc. or

Dec. 7*

2.6

—

4,412,000

5,401,361

Sioux Falls—.

1

47

2.1

—

35,054.455

4,251,000

Minot_.

Total

:

28,736,211

S. D.—-Aberdeen.

4

(1123)

-

Aug. 31-

1949

or

Dec. %

6,670,835

7

■

St. Paul

Ft.

Inc.

*

1,171,655,980

.

Minneapolis...
Rochester

■

FINANCIAL

Federal

Minn.—Duluth__

Tenth

&

-Jan. 1 to

us

A*,.Ninth

COMMERCIAL

stock

Light Co.—
bonds, due 1972—;

5%

preferred

—

.Oct

7

stock;

.Oct

bonds, due 1971

Oct

1

985

1

—

Saint Paul Union Depot Co*—

♦Nominal

rate.

fApplication depends




upon

type of merchandise.

"1st & ref. mortgage series B 3'/e%

4OS

•

,

48

(1124)

THE

Company and Issue—
29th

Street Towers

4%

2nd

Ward

(now

Texas

1st

ratge.

5%%

Utilities

mortgage

Page

bonds, due

debentures,

..Oct

1

3

series

3Vi%,

A,

ENTIRE

ISSUE

due

1973

Oct

Assets—

CALLED

'Date

Page

Sep 30
Oct 14

39S

Loans

and

Investments—Total

Loans—net

i.*—
Loans—gross

685

Nov

1

23,343

491

Loans

1

U.

980

brokers

;————Oct

...

Other loans

882

for

671

Food Products Co., $2.40 pfd. stock
Oct
Russell (P. C.) Co., preferred stock..
:——— —Oct
Bcullin Steel Co., mortgage bonds, due 1951
Oct
United Power & Transportation Co.—

400

Other securities

Mickelberry's

certificates..

Real

792

.—-a

696

S.

Joans

in

this

Reserve

with

Cash

Balances

Reserve Banks Combined
of

Time

Increase ( +) or de¬

Gold

certificates.

Redemption
notes

for

F.

+

gold

ctf.

reserves

23,403,610

+

266,167

advances.__.__
Industrial loans
U. S. Govt, securities:

+

63

3 576.510

!___

—

P.

R.

Notes of

other

+

128,481

+

24,225

+

1,008,441

32.865

%

+

8.

+

bank—reserve
—

550,746

+

911,292

12,124

—

Screw

334,116

+

State

—2,414,694

138,155

421,930

Street

5%

326,927

—

deposits

availability itemsOther liab., inci. accrued divs.

40,585

.

+

■

+

.10,039

Extra

+

45,981

Tennessee

164,570

2,775,073

—

>

"

10,433/

-+;
+

1,240

—

•

,3,361

907,440'

.

,5%

,

206,885

102

+

466,711

7,148

+

18,522

+

Tom

64,459

certificate

ances

on

3,954

;

to

7

—

0.1%

6,2%

+

2,116 ;/■■■■

406

—

+

1,214

—

—

7;:-900^

The condition

statement of weekly
reporting member
Federal Reserve System in

banks

of the

shows

the following principal changes for the week
Sept, 7; Decreases of $590,000,000 in reserve bal¬

ances

mand

with

leading cities

Federal

deposits

Building

Reserve

Banks, $343,000,000 in de¬
$242,000,000 in United States

adjusted,

Government deposits, and $565,000 in
borrowings, and
increase of $671,000,000 in demand
deposits credited

Printers
Shoe

6%
U.
U.

S.

Radiator

were

an

and

agricultural
a

total of

loans

Utah-Idaho

$42,000,000

banks; the principal changes
$38,000,000 in New York City and a

decrease of $18,000,000 in the Kansas
City District.

Holdings .of

Treasury

bills

decreased

A

banks

was

District,

$43,000,000.

Holdings of

New York City, $76,000,000 in the
Chicago

to

of the

domestic

District, and

other districts.

Vlchek

Demand

increased

in

all

districts.

10-

1

10-

1

15c

10-

1

10c

10-

1

Corp— ir--

and

$75,000,000 in the Chicago District.




«

9-26

American

*

9-23

>

$1.25

1

-

-

9-23
9-26

?

9-30

9-26

'*

25c

10-15

9-23

J25c

1010-

-

1

25c

1

•

._

(s-a)_—___

$25c

(quar.)_—

$1.06'A

10-^1
v

12-

-

1

9-20

Corp.,

&

7%

Corp.,

!
1

class

10-

1

9-20

9-20

'9-13

American

Stores

Co.

1

9-20

•American

Sugar

Refining,

10-

20c

9-20

13%c

9-

3

10-

3

American

9-23

American

$1.75

10-

1

10-

1

9-20

10-1

9-16

30c

10-

1

(quar.)_—

62 'Ac

10-

5

10-

5

f

10-11

25c

10-

1
1

'

15c

«

:

v..

10-

5c

10-

Applied

Arts

A_rcade

Cotton

$1.75

10-

1

62 Vic

(quar.)

10-

3

25c

$10c

—

(Alan)

30c
com.

(quar.)

(quar.)

25c

;—___,—

A

Steel

1

1

10-20

15c.

,

(quar.)
(quar.)—

$1.12,/2

_'

__i.—

10-22

9-19

10- 1

9-20

B

•'?;

10-15

9- 7

75c

*

,___—:___

9-15

9-

Ltd.

(quar.

1

9-15

10-

1

9-16

59%c
12Vic

10-1

9-16

50c

9-30

9-15

J30c

9-30

9-

J15c

10- 1

9t10

$40c

10- 1

9-10

——_

Hardware, Ltd., cl. A (quar.)
Co.

Co.

A

preferred

(increased

(quar.)
4% pfd.

';

;—

__________

Investment

Class

B

quar.)

Fire

Steel

9-30

10-15

9-23

10- 1

9-jl6

$1

93%c
40c

56V4C

of

dends

announced

this

week, these being given in .the J.

preceding table.
Company

Laboratories

-

9-30

9-16

10- 1

■9-15

10-1

30c

9-22

10c

9-30

Delaware
*■.

(quar.)

preferred

Acadia-Atlantic
A

New York

City

10-

9-7

1

9

7

Ltd.—

(quar.)

10-

1

9-1

t37Vfec

Refineries.

preference

Holdert

1

J25c

(quar.)

Sugar

partic.

When

10-

5c

Paper Co., Ltd., common

10-

1

9-1

10-

••.-•

Common

Common

.

,$25c

1

9-10

25c

9-30

9-15

50c

10-10

75c

10-10

20c

9-30

Common

'

(J.

D.)

Manufacturing

Co.

(quar.)_

Admiral

(quar.)

Corporation

Aetna

Casualty & Surety Co.

Aetna

Life

Insurance

Co

(quar.)
:

*•

Products

25c

.

Inc., .4%

37Vic

pRWiquar.)

50c

10-

9-15

'99-

9-19

10- 3
10-

1

2

9-20

10- 1
10-3

1

9-J 5

1

•

,

9-19

9-19

?:-621Ac.10- 11 "50c .110- 1

$4.50

preferred

preferred

9-15

12-15

Houghton

9-

2

Ayshire

9-

2

Babbitt

Inc.

3-1-50

2-15

4-1-50

3-15

1-15

Inc

(quar.)
(quar.)

—.

5-1-50

4-15

$1.12

11-1

10-15

$1.12

2-1-50

8c

Inc

Corp.

1-1-50
2-1-50

4c

Houghton Fund B,

T.),

11-15

4c

(quar.)

Axe

(B.

1

4c

Axe

Collieries

10-15

12-

4c

(quar.)—:

Fund,

9-15

11- 1

4c

9-17

9-15

*'

10- 1

4c

_*

4c
4c

.

_________

(monthly)
(monthly)
(monthly)

-$4.50

.

Adams

(quar.)

Mills,
Common
(monthly)
Common
(monthly) /
Common
(monthly)
Common
(monthly)
Common
(monthly)

Payable of Rec.

40c

Extra

Abitibi Power &

$1.50

,

Share

-

(quar.)

Allied

5

8-26

Avondale

■

Per

Name of

Abbott

Avon

preferred

10-

10-, 5

1 i

9-20

•

,

Below we give the dividends announced ^ih previous v ,i...,Class A (quar.)—.—
183/4C
Avery (B F) & Sons, common (qilar.)_:—•
25c
weeks and not yet paid. The list does not include divi-v>6%

11-1
11-

tlOc

•

Corp

Automobile Insurance Co. of Hartford

9-16

$15c

;

,

Co.

3

$1

B—

Products

9-10

9-26

75c

(quar.)

Alarm

10 15

30c
(quar.)

(quar.)-i.

Automatic

9-15

10-

—

Corporation (quar.)
Atlas Imperial Engine Co.—
Series A preferred
(quar.)
Auto Fabrics Products Co., Ltd.—
Class
A
(quar.)
——

5

9-15

25c

Co.—________

(irreg.)

preferred

12-19

$1.12 Vfe
25c

(quar.)

Atlas

./;.y7:7:'

Institution—

9-10

9-30

—

City Electric

3.75%

10-20

1

9-15

B

20c

(quar.)

pfd.

conv.

class A

Construction

(J. HJ

$1.25
15c

—

convertible preferred (quar.)
Corp.
(quar.)
Corp.,

9-26
9-19

11-

pfd. (quar.)__—.—
6% preferred (quar.)
Co. (quar.)

4'/2 %

Corp.,

(quar.)—

Constable

Associates

9-23

10-31

$5

Gas

common

Atlantic Greyhound Corp.,
Atlantic Refining Co.

9-23

1

10-

Co.,

(quar.)

Metal

Atlantic

10-15

:

1-21

9-15

Class

9-13

'

$1.75
10c

9-15

Co.,

Western

Asbestos

9-20

10-1

—

Mercantile

11- 1
1-31-50
9-30

9-30

Edison

4%%

9-30

9-30

Co., 5% pfd.
$1.25
Yellow Cab Co., 6% conv. pfd.
(quar.)____
37Vic
York
County Gas Co
——c
75c
Youngstown Steel Car
(quar.)
15c
Co-operative

$1.50
$1.50
25c

(quar*.)——

9-30

4%

series

2

9-23

Arnold
Art

Motors—

preferred

6

9-

$3

Steel

9-20

9-27
II-

$1

___.

Inc.,

10-

17 Vic

;

Co.

Fund,

conv.

9-

9-22

12-19

Class

2

6

9-29

9-30

Armstrong Rubber,

9-23

10-

11t 1

preferred (s-a)__.—

9-

10-14

9

9-30

12-23
12-23
10- 1

Ashdown

,.

9-

$1

Armco

a

9-23

9-10

9

1

$1

Arkansas

9-21

1

10-

2

9-15

$1.25
50c

7% pr. pfd. (quar.)

—

Mills

Arkansas Natural Gas,

9-21

10-

10-15

8

6*

12»/2c

;

Corp.

Corp

Arizona

9-30

25c

<9-

8

9-

(quar.)__

Common

9-21

9-30

25c

$1.75

common-—.

Oil

9-21

1
1

10- 3

$1,50

(quar.)

(quar.)
(quar.)

9-23

9-30

7 Vic

,

9-

$1.75

u

7%

Apex Electrical Mfg. Co.,

9-20

________

preferred

Willys-Overland

Zion's

6%

10-20

9-30

preferred
preferred

6%

9-23

11-

9-

10- 1

i

9-27

Anderson-Prichard
-

75c

25c

.9-16

$2.25

(quar.)

—

^

93%c

(quar.)

19- 2

10- 1
10- 1

10-14

9-20

10-

/

9-30

-

9-20

'

6

50c
$1:50
35c

(quar.)

pfd

6

9-

-7 9-10

9-24

.

$1

Co.,

9-15

50c

$1,75

9-20

37Vic

_/—

(reduced)

Electric

Products

;

:9-

9-20
>

25c

11-21
7 9-15

10-1

»

—

$1.06'/4

(quar.)

A

.

.

9.-30

10-15

(quar.)—

Woolen

9-14*

c

10-1

.10- 1
10- 1

—

pfd.

6%

Co.,

Vitrified

9-15
9-14*

10^1

50c

$1.50
$1.25

—-—

pfd.

0-15

"

9-30

—

7%

9*-15
,v

12- 1

(quar.)

Tobacco

9

9-1

10-1
10-1

25c

—.—-

(quar.)-—

1

10-. 1

$1.25

Sanitary

common—

10-

pfd. (quar.)_.
American Zinc, Lead & Smelting
$5 prior preferred (quar.)
Anaconda Copper Mining Co. (reduced)
Anchor
Post Products,
common
(quar.)—

9-26

$1

^American

'■*

9

9-14*

9-

9-30.

..

(quar.)_

American Telephone & Telegraph Co.

6

v

7

9-30

Co.,

6% preferred

9-

9-20

10-

10c
25c

Snuff

pfd.

Co.-

9-15

American

9-20
9-

—

_—__—

Stamping

8-19

9-20

-

10- 1

97Vic
$1.12 Vz

.

(accum.)

Standard

&

1

6%

Co

common

American

Telephone Co.—

prior

Whitehall

Radiator

10- 1

,

0- 7

^

...

Lines, 5%

10-

—

(quar.)_-

preferred
(quar.)
Michigan Steel Foundry,

Western

President

American

9-15

11-10

31 Vic
28 Vac
31.Vic
35c
$1.75

.

(accum.)—

1

v

(quar.)

Co.,

Co. (quar.)
Light, $6 pfd.

'American

9-15

10- 1
10-10
1-10-50

10- 1

——...

&

preferred

9-23

r

--

.

—

Co.

Products

10-

62 Vic

Illinois—

(quar.)—;
4Vi% preferred (quar.)

45c

(quar.)

(quar.)

of

Co.

t$1.25

(quar.)
6% preferred

Steel

Power

$5

9-15

-

Optical

'

•

9-30

Metal

American

11-16

10-1

preferred

American
'

7

9-12

45c

preferred

American Metal Co.,

9-16

'

Investment

American

9-20

•

10-

10- 1

$1.50

conv

3.90%

:9-16

10- 1

Z

......

:

-

9-30

$1.25

(quar.)l—

7%

2

10-1

(Newark, N. J.)—.?

___—

(quar.)
—-——
American Machine & Foundry Co.—
/•

9-15

2

9-

-9-23

10c

preference Class A (quar.)
American Locomotive Co., common—.

9-26

9-15

79-

10- 1
10-1

$1.50
25c

—

(monthly).
non-cum. preferred—

6%

Co.,

50c

,

Corp.

'5%
preference (quar.)
> -• 4Vi%
preference (quar.)

-

-

Products

1 American Insurance Co.

?Increased

*

$1

$1.20
West

9-23

-

u

9-29 '

10c
A

-

,

Tool
Co.,
common
preferred (quar.)

7%

7

Ice

.

10-

(quar.);

American

*

10c

Felt Co., com.

Hair &

(quar.)——

.

t;9-15*

.;9-30
10- 1

10c

(quar.)—.—_____

*

9-15*
•9-15*

10-

$1.18%
10c

(irreg.)

(irreg.)

Home

—

Addressograph-Multigraph Corp.

in

*

(quar.)__
Corp., com.

General

preferred

9-15

"

-

1

Electric Co.—

&

Hardware

12-16
-

9-30

25c

Extra

Borrowings decreased $491,000,000

I-3-50 A,

—25c

____________

Wagner Baking
7% preferred

Class

banks

57c

43%-c

10

10- 3

—

2nd

'

1*

10-14

—$1.75

American

$6

1"

9-

10-

$1.75
$3

^

City, $53,000,000 in the Chicago District, and
by smaller
nearly all

(quar.)__

1

,8'-

10- 1

40c

Co., com. (annual)

American

Treasury

Government deposits decreased
$128,000,000 in New York

credited

preferred

7%

9-19

,•

(quar.)

Gas

Automatic

$42,000,000 in the Kansas City District, and increased
$32,000,000 in the San Francisco District. United States

deposits

1

*

reporting

$185,000,000 in

in

10-

(quar.)____—

common

Inc.

Quarterly

all

certificates of indebtedness increased
$84,000,000.
Demand deposits adjusted decreased

amounts

Co.,

9-19 ^

*

common

preferred

Freeze,

Wood

$25,000,000 in the Philadelphia District and

$23,000,000 in Chicago; the net decrease at
member

1
1

,___

Extra

$4.50

$92,000,000 in

New York City and $21,000,000 in the
Cleveland
and increased

Can

preferred

American

Sugar Co.—

class

60c

Velvet

in¬

member

increase of

(quar.)

common

9-20

10-14

(quar.) _______—_
75c
Bemberg, AVz% preferred A—$1.30

Common

9-30

-

1010-

(reduced)

Corp.,

Universal-Cyclops

West Coast

creased in most of the districts and

reporting

Note,

9-13

10-15

5c

(quar.)

Plywood Corp.,
3%%
preferred A

to domestic banks.

all

40c
12 Vic

50c

Publishers

&

S.

Walker

at

Bank

American

i

9-19

.

.__

,

Machinery,

preferred

Washington Oil
Waterous, Ltd.

industrial,

9-30

(quar.)__

(quar.)—.

Co.

9-15
9-15
^

—25c

preferred

i 4%%

10-10

Trust.

Drill

an

Commercial,

10-10

(quar.)____

(quar.)

1

Y.)—

(N.

preferred

American

9-23

.

1

11-1

60c

Dye Works, Inc.—
preferred
(quar.)

United

ended

Co.

—$1.50
(quar.)_
37V2c
(quar.)
87V2C
American Dairies, Inc., 77o pfd. (qiihr.)—
$1.75
American Express Co. (quar.)—:—$1.50
American Fruit Growers, Inc. (reduced)
12Vic
American Furniture Mart Building Co., Inc.
25c

Piece

$4.25
United

Condition Statement of Member Banks

9-30
11-

*_

Company

Twist

United

1,339

-

JiOc
Jl5c

United Dyewood Corp., 7% pfd. (accum.)
United Industrial Bank
(Brooklyn)
(quar.)

4,702

indus¬

loans—.

60c

,

<■

Tyler Fixture Corp., common
5 Vi %
preferred (quar.)
,
Ulen
Realization
Corp.
(liquidating)——
Union

__

make

9-29

6%

9-24

Royalty Co,
i:
2c
Iron Works, Ltd., com.
(quar.)
* J15c
participating class A (quar.)il5c

Tremont

re¬

57.2%

preferred
(quar.)

Toronto Mortgage Co.

—3,621,754

purchased for foreign

Commitments
trial

911,292

accept¬

correspondents

$1.50
Insurance

Alliance

American

10-15

Bell

60c
+

(R. I.)

Trico Products Corp.

serves, to deposit and P. R.
note liabilities
combined—.

Contingent liability

1
1

Toronto

27,543
152.706

Chemical

Thrift Stores, Ltd
Timely Clothes, Inc.——,
Tip Top Canners, Ltd., class A
Toledo Edison, 4 V*% preferred

—3,711,883

<

44,550,746
gold

9-29

Quarterly

Payable of Rec.
10-

(quar,)..

&

non-cumulative

Torrington

of

9-16

75c

Extra

Holders

11-

______

Textron, Inc.

When

75c

Engineering & Mfg. Co. (quar.)—
& Pacific Railway Co., common—.

Texas

290,774

'

Capital paid in
Surplus (Section 7)
Surplus (Section 13b)
Other capital accounts

•Ratio

9-15

3V2%

$1.75

(quar.)_—•

Products

2

9-16*

10-1

American

'25c

-

11-

10- 1

American

(quar.)

(Boston)

12-1

>

$25c

preferred (quar.)__
American Cigarette & Cigar Co.
6%
preferred
(quar.)
American Cyanamid Co., common

preferred (quar.-

Texas

—2,685,601

828,536

43,696.901
x

Investment

r

v

25c

103

District).

___■

prior preference

16,561

17,587,232

Deferred

liabilities——

,

9

75c

57

(accum.).

pfd.

Co.—

Stop & Shop, Inc.

8%

Capital Accounts—

preferred
$7

(quar.) i:.
Stix, Baer & Fuller Co., 7% 1st pfd.
Stokely-Van Camp, Inc., common

732,147

—

326,749

—

509,281

Total

6%

Light,

n Shake, Inc.
(quar.)
Stern & Stern Textiles, common

—3,621,754

86,906

_

.

16,321,905

acct.

Other

Total

.

(quar.)
—
Manufacturing

Agricultural Chemical Co. (Del.) —
Quarterly
———-—

(Revised figure pre¬

Share

Mfg.,

Steak

23,324,163

acct.

gen.

Francisco

Stanley Brock, Ltd., class B—
Class A (quar.)—Z.
Stanley Works

465

+

4,591

Power &

Standard

15,721
292,215

Paper

Standard

fa*

9-

'

16,927

Company

Standard

9-15
*9-

9-30

10-1

93%c

——

_________—

Per

Name of

9-14

1

10-20
•

6

,9-15

10- 1
10-

'

Goods

American

Special
4 Vi % preferred

notes____

Treasurer

7

565

9-

American

DIVIDENDS

1

—

—

240

•

140,697
44

777'

—

3,205 301

■____

Foreign

•

174

(Continued from page 14)

;

Member
U.

(San

15c

9

9-13

1

9-20

Amalgamated Sugar Co.____

786

+
—

preferred

American Car & Foundry

—4,115,923

____

Reserve

+

—

9-20 ;
10-

9-19

9-

10-

accounts,

!

figures revised

*Aug. 31

Liabilities—
Federal

Govt,

S.
_.

679,394

155,850

banks.

assets

Deposits:

242

671

—

•

Amalgamated Leather Cos., Inc.—
6%
convertible preferred (quar.)

418

+

9,268

76-10

9-16

20c

vious week 18,791)

—3,955,095

Other assets—

Total

U.

772,961

—

48

premises

+

+

2,074

—

—1,489,300

17,373,577

securities..

items

10

—

9-20

America—

preferred

$3.75

Aluminum

329

163,400

foreign banks.

Uncollected
Bank

522

__

of

9

9-20

,

Corp., common (quar.)
75c
Mfg. Co., common (quar.)—d40c

Co.

9

9-

•;9-16

40c

—

(quar.)

(quar.)—
Aluminum Co. of Canada, Ltd.—

deposit accounts, except

and

—2,559,362

1,500

7,775,200

and

>

21

160,499

17,249 910
loans

15,280

75

demand

to

Stores

4%

1,365

during week

1,802

+
—

211,900

__

298,100

_______

Total

Allied

Aluminum

44

+

343

811,963

—

50,000

+

5 600,100

—

Due from

154

Mills
Corp.

j

3

9-

1

1

9-30

Allis-Chalmers

1,377

—

Paper

Products

9-

1

50c

7%

Bills

Bonds

+

46,410

deposits, except Government
Government deposits

S.

Debits

68,795

+

7,487

+

38

2,230

;

773

Inc

9-18

9-16

1
1,

10-

$1.50
25c

—

Mills,

9-10

10-1
10-1
9-30

50c
15c

(quar.)_.

Dye Corp. (quar.)_
Laboratories, Inc. (quar.)___________

Allied

552

+
—

Corp.

Inc.__.______—_______——

Allied

1,475

+

13
590

+

Borrowings

880,758

—

19,853

+

601

Discounts and

Notes

+

9,792-

123,066

______

Certificates

9,001
791

domestic banks

Foreign banks

$

+

-

—

Steel

Industries,

Allied

2,295

+
—

16

+
—

11,823.

deposits adjusted

interbank

552,180

cash

1948

R.

:

Total
Other

$

22,851,430

fund

Banks

Interbank demand deposits:
Domestic banks

Sept. 15,

1949

$

Assets—

U.

(-—) since

crease

Sept. 7,

1949

14

conVi

Allied

Liabilities—

dollars)

Sept. 14,

84

771

with

Demand
tsands

1,133

+

vault

In

2,726

+

+

4,968
Reserve

+

43

1,133
26,552

Federal

Allen

10101010-

25c
62'Ac

—

Allied Chemical &

71

+
—

Equipment Co.

Inc., common
preferred (quar.)_—_________

Allegheny-Ludlunl

289

+

10- 1
10- 1

(quar.)—

5c

$2,50

135

—

17

&

,9-10

9-30
9-30

$2.50
$1.05
$3
37'/2c
—$1.06Vi
(quar.)
2V£c

(s-a)

Power

Electric

13%c
34%c

RR. Co.—

Youngstown

&

Allianceware,

253

+

126

6,476

_____________

Other securities

Statement of Condition of the 12 Federal

44

9-15

10- 1
; (

..

...

Extra

24

—

1

+

3.217

indebtedness

of

__

3

—

securities—Total___i___ 37,378

bonds

S.

2

+

147

——

4,119

Government

U.

—

4,186

._

Treasury bills
Treasury certificate^
Treasury notes

issue.

__

442

_______

_______——

•Announcement

218

■

loans

Other

U.

292

+

Allen

obligations

Loans to banks.__.___

112

Jan

Government

estate

47

+

475

+

A

9-15
10-31

—

(accum.)
($25 par) (accum.)

Co., 4.20% pfd.
Vicksburg Ry. (s-a)
Alden's, Inc., common (quar.)
414% preferred (quar.)

purchasing or carrying:

U.

S.

126

—

&

preferred

Alabama

Alabama

859

•'

par)

($10

preferred

conv.

Canton

5%

1,924

—

9-30
9-20
12- 1

$1.25
75c
$15c

(quar.)—

Corp.—

preferred

5»/2%

818:

pur¬

carrying:
'
G&vernment obligations

397

trust

for

pfd.

75c

Foods

5V2V0

or

S.

Jan

stock

42

13,007

dealers

and

2,398

Akron

'■Other sacurlties

5% mortgage bonds, due 1956.—..
General Fireproofing Co., 7% preferred

collateral

—

_______

to

chasing
Oct

Distribution Terminal Warehouse Co.—

150

Airlines

—.;880
r

$3

Quarterly

90

agricultural

and

Equipment,

Surpass Shoe Stores
Agricultural Ins. Co. (Watertown, N. Y.)

148

+

Gas

Agnew

1948

23,649

——

loans _;

878

1

County Gas Co., Atlantic Highlands, N. J.—
1st mortgage bonds, series
A, due 1952——.—

Sept. 8.

1949*

65,689

__

Commercial, Industrial,

bonds, due 1969—Oct

guar,

Aug. 31,

Co.

Engineering
preferred (quar.)

5%

Affiliated

(in millions of dollars)

;

Company and Issue—

Canadian National Ry. Co., 5%

Sept. 7,

939

1

1949

Aetna-Standard Engineering Co., 5% pfd. stock
American Bemberg Corp.
preferred stock, cl. A & B
Associated Telephone Ac Telegraph Co.—
25-year 5 >/2 % debentures, series A—

United Rys. 4%

or

Payable of Kec.

Share

Aetna-Standard
Inc. (+)

Dec.(—1 Since

Co.—

bonds,

Name of Company

Holders

When

Per

liabilities of reporting

and

833

1970—_

Monday, September 19, 1949

CHRONICLE

536

Oct

1952

due

FINANCIAL

&

A summary of the assets
member banks follows:

Corp.—

1st)

Baking Co.,

West

Date

COMMERCIAL

9-29

9-19

20c

9-29

9-19

1-15

25c

10-10

9-23

30c

10-1

9-

9

G,
THE

Number 4839

170

Volume

Babcock

of Company

&

'

Baldwin

Wilcox

,

Co.,

;

v

.

Go.

ft

Share

;

•.

—,

tquar.)
Porcelain steel

Baltimore
Y* 7 %
...

preferred
preferred

7 %

tquar.)

9-24

10-15

$1.75

10-

1

9-10

10-

1

9-10

Canadian

$1.06

10-

1

83/4C

Hydro-Electric Co.
preferred „(quar.)_,

L—

preferred (quar.)
4y4 %
preferred (quar.)

Barber

Co.

(N.

Y.)

Co.,

1 4 Vz %
Bath

preferred
<L.)

1

9-15

1

9-14

10-

1

9-14

$2oc

10-

1

9-15

Canadian

9-16

1

1ft .9-15
9-

9-28

10-

ft

1

10- 3

ftft ft 50C

9*

9-9*

3%%

Co.,

convertible

Brothers,

Beatty
Beaver

Lumber

S1.40

Co.,

___

(quar.)
—

.

preferred
Packing

Belding-Corticelli,

10-

50c

7%

preferred

Belgium
5%

■

(quar. )

$3.25
54

Benson

&

Bethlehem

Steel

10-1

9-15

10-15

9-15

<9-30

9-10

Manufacturing

*Bingham-Heibrar.d Corp.,

.$1

5%

convertible

Bliss

&

5%

preferred

Laughlin,

Inc.,

convertible

Bloch

Bros.

Bohack

5.Vz%

C.)

prior

11-

&

•ft 6%

Albany

Mills,

Botany

10-1

10-, I

Roller

Bower
Brach

(E.

Bralorne

RR.

ft

Mines,

9-30

'9-"9

9-23

ft. $1.50

9-30

*

?

10-

Common

3% %

Oil

1 ft

Central

9-15

Cold
Fibre

1

9-15

Central

10-

5%

1

9-15

Central

f

Ordinary

;

»

preferred

10-

1

9-15

Central

9-<6

4Vi %

1

9-10

110c

4%

10-15

9-20

Central

10-15

9-20

10-1

9-15

9-30

93%C

10-15

10-

1

t25c

10-1

9-

6

J23&C

10- rl

(interim)

6%
♦

2nd preferred

Brockway

Glass,

Brown-Forman

Y
ft

(quar.)——

(quar.)—

5%

Shoe Co.,

$3,60 preferred
Brunswick-Balke-Collender Co.
$5

(quar.)

preferred

Bucyrus-Erie Co.,

preferred
'.Buffalo. Forge
Buffalo

Bullard

Company
Watch

Bulova

Burns

Co.

&

pref.

B

$3

10-

1

9-14

90c

10-31

10-14

10-

1
1

d$1.75

10-

1

5V2%

convertible

California

Ink

1st

Cement

Ale,

Ginger

Packers,

1

9-10*

Cluett

9

Coast

9-15

11-

1
1

9-15

10-

1

4%

10-14

10-

Breweries.

International

10-

9-20

Colonial
$6

62y2c

10-

1

9-20

10-

1

9-15 ft

50c

9-16

10- 1
1

9-

9

10-

1

9-

9

:

$32 VzC

9-20

ft

10-

1

$1.06 y4

10-

9-

1

.

partic.

3.60%

$15c

10-

1

10-

1,

$25c

10-

1

: $$2

10-1

$$3.50

9-30

9-15

$50cs

10-15

$50c

10-1

$31c

11-

1

$$1.25

11-

1

—

(quar.)

$31 y4c

9-

(quar.)

Participating

ft-ft.

9-

Co.

9

10-

1

$5c

10-

1

9-

9

10-

1

9-

9

10-

1

9-

9

.9-30

9-

4y2%

of

Celanese, Ltd„ commonpreferred
(quar.)———
$1.75 preferred (quar.)

$1

common

(quar.)




,

(quar.)

10-

1

9-20

10-

1

9-20

9-29

9-12

1

9-15

10-

9-15
9-15

9-30

9-30 ft

4%
,

preferred

Consolidated

5%

$35c

C

preferred

(quar.)

Y.)—

9-24

9-

9-12

10-

1{

&

10- 1

9-

9

9-

6

10-

?

„

1

50c

25c

—

9-30
9-30

9-19
9-26

10-

9-26

11-

1

9-

9

9-30

9-

9

Consolidated

Press,

Consolidated

Retail Stores,

10-

1

9-

2

1

9-

2

414%

preferred

10- 7

90c

10-

1

9-15

$1.12%

(quar.)

—

Mfg.

(Boston)——

Co.,

Ltd

plass A (quar.) —

(quar.)

common

(quar.)_

$1.25

10-

1

9-15

Donnacona
4'/2%

Paper

10-

$l
50c

5

9-15

0-15

10-

9-16

1

9-20

12M2C

9-30

,9-16

5c

series

10- 1

-9^9

9-23

10-

9-

1

'

8-29

$1

9-30

9-10

9-30

$1.07

9-30

10c

9-20

ft

A

2c

10-

25c

9-10

9-10
;

1

Dow

2nd

9-15

9-15

11-10

50c

11-15
9-20

75c

3-1-50

(quar.)

25c

9-27

for

(final)

each

9-10

1

9-15

20%

(increased

DuMont

du

Pont

(E.

1 ft*

9-10

1

9-15

10-15

9-27

10-15

9-27

ft:,; $40c

10-28

9-30

$75c

10-15

9T15

___

ft-'

-YY'ftV'

Co., Ltd.—

(quar.)___

$$1.75

$3.50

10-

10-

I.)

preferred

Eastern

9-1

1

9-1

.9-16

$15c

12-1

11-15

40c

10-15

10-

1

81V4C

10-15

10-

1

$1

10-15

10-

1

*•
(quar.)______

preference

Nemours

$1.75

(quar.)_

10-1
10-

50c
1

10-

75c

9-20

1

,8-27

1

9-21

10-1

$1.75

&

10-

9-15

1

ft9-15

ft"v.;,ft'■"*
25c

prior

1

,9-15

9-30

9-20

,9-29, ft

9-19
ft

87V2c

10-25

10-10

-$1.12J/2

10-25

10-10

$1.25

10-17

10c

(quar.)__

9-30

25c

10-

ft:

(quar.25c

9-15
9-15

1

:9-15

9-30.

9-12

Associates—

preferred

6% ..preferred

10-

$ 1.12>/2
25c

Co.—

(quar.)

Gas & Fuel

9- 2

;9-15

9-29

$1

Company, Inc
Texas Sulphur Co.

1

25c

preferred

de

10-

,0- 1

V

1

Duriron
Duval

10- 1

1

10-15

$$1.12V2

(quar.)

ft

'

$50c

common

$4.50
preferred
(quar.)„__
Duquesne Light Co., 5% 1st pfd.
Duraloy Company

>

(quar.)

-$1.12,/2

9-15

$1.50

(accum.)_

10- 1
10-1

,9-15

Eastern

Massachusetts Railway—
preferred A (quar.)
preferred B (accum.)..
preferred B (accum.)

6%

6%

Eastern

$6

States

Corp.,

preferred

Eastman

Easy

B

Kodak

$7

pfd.

A

$1.50

(accum.)__

B

1

10-

1

40c
$1.50

(irreg.)

'

&

.

9-30

9-15

9-30

9-15

Ltd.—

(initial)

Howard

9-13

Eaton

8-30

Economic

1

9-15

Ecuadorian

Edison

Stock

Corp.,

Ltd.

10-

1

9-15

1

10-

L___

20c

(irreg.)—

$1.06%

10- 1

.ft

.9-15

(quar.)

9-24

9-15

10c

Fund—

TrusX

Ltd.

Stores,

Fund

$5c

-

;

Balanced

Investment

Bros.

9-2
9-2

10- 1
9- 2
10- 19-2

$10c

9-28

,9-15

25c

>

Machine,

common

-9-30

1

10-14

'

25c

1

Extra

4'/2 %

10-

$1.75
$1.50

(quar.)___

Class

New

1

12-

1

10-

(quar.)

(lrreg.)

Washing

.11-

Machine Corp.—

A

Easy

12-15

*1 50

$1,50

(accum.)

Co., ^common

preferred

Washing

25c

9-19

9-30

10-

Co., Ltd.____
(increased)

B.) Laboratories, Inc.—
8%.i convertible preferred
(quar.)
Dun & Bradstreet, 4V2% pfd.
(quar.)
Dunhill
International
(quar.)

$50c

9-19

10-15

10-

(Allen

Howard

1

9-20

9-30

$25c

(quar.)

4%

9

9-30

t$l

(quar.)

Corporation,

&

1

9-10

9-10
9-

10-15

$35c !ft

Company, common...
preferred (quar.)_

Eaton

10-

1

17'/2c

$35c

Ltd.,

9-15

(quar.)_

common

Ltd.

h

1

9-23

$12V2c
'
$44c

(quar.)

Duke iPower

9-15

10-

9- 1

9-26

10-

50c

common...

A

9-15

30c

10- T

25c

!62»/2c

preferreU

Drug Co., 7%
Corporation

7%

6

9-12

10-17

12%c

quar.)__

(quar.)

(quar.)

Co.,

9-30

53 %c

2-

two

Draper
Dravo

1

9-

9-27 V

25c

Co.__

preferred

preferred

9-10

9-30

12y2c ft-

(s-a)

share

Co.,

Industries

$3.25

9

9-15

9-20

92V2c

(quar.)
(quar.)___

Corp.

Linoleum

& Lomason

9-30

10-

10-

10- 5

87»/2c

1

$l-'-

Co.

Ltd.,

convertible

Douglas

25c

$i6y4c

9-15

9-9

10-

15c

Ltd.,. common
(quar.)

Class
>

9-15

"

9-30

1

6%

(quar.)——

com.

Trust

9-30

10-

9-12

Power

(quar.)

Ltd.,

9-20

10-1
1

,9-19

9-30

'

37y2c

(quar.)

$1.25

Corp.;

Lithograph

9-14

$1

common

Investment

9

10-1

$1.25

$25c

$30C

6

,'ftftft

Light

(N.

Consolidated

$70c

9-

9-6

9-30

70c

com.

$25c

1

6%

(quar.)

Grocers

■>;-

.;.

(quar.)——

B

1

1

$3.50

Electric

Baltimore,

1010-

10C

(quar.

(quar.)——

$433/4c

——

9-12

9-13

9

9

9-12

1

75c

(quar.)

Gas

preferred

Consolidated

Canadian

9-10

9-30

•ft

10-1

ft 9-30

$25c

10-

4J/2%

(s-a)

Edison Co.

preferred

9-10

9-30

(Del.)—■

(accum.)—

A

Dry Goods Co.,

Consolidated

9-30

10-

9-16

9-10

10-

Dover

10-1

9-16

1

9-24

25c

Y.)

Chemical

Textile,

Dow Chemical

6c

(Del.)—___

ft

10-

Y

&

preferred

9-16

37 %C

,

75c
25c

$15c

7%

0-12

25c

Power———

Cigar Corp.

Consolidated

10-10

10-1

$10c

preference

Ltd.,

&

-

1

$25c

preferred

Dominion

0-16

$1.50

40c preferred

9-15

10-

1

1

90c

:

Cement Corp.—

9-15

10-1

$1.75

<

11-

1

90c

(quar.)—

——

Car

Corp.,

&

10-

$1

—

preferred

7%

9-23

12 %c

Corp

9-20

10-5

9-27

11- 1

9-16

Stamping Co.—

Southern

Light

class

1

Tar

10-

87 %C

11-5

(quar.) ftk___:_L.______$25c
trust certificates (quar.)___
$25c

$1
'ft

11-15

Voting

$1.75

30c

(quar.)_

common

Consolidated

$5

$15C

$25c

—wft——-ft——:

Cottons,

Co.,

preferred
Inc.,

9

9-12

9-26

10- 3

Common

$4

(quar.)_

Corp.

$1.40

8-31

Dominion

9-15

10-11

25c

Co.

Connohio,

9-

$1.50

Investment

Consolidated

10-10

9-12

25c

Solvents

1

,<

10-15

10-20

(quar.)

Square

;9-26

50c

—

1

9-23

7% .preferred

Oilcloth

9-30
10-

9-16
12-16

25c

(quar.)

preferred

Co.,

Dominion

9-6

1

9-16

1-3-50

Y.—

& Steel, Ltd.__
Electric, 4% pfd.

&

Dominion

12-15

10-

9-16

1

;.25c

•

Foundries

8-26

$1.50

(quar.)_'

•<

(reduced)^

Corp.

9-20

9-30

$4

Corp. .(quar.)

Shearing &

9-

ft

9-15

12-31,

20c
—_

common

Coasolidated

ft-

Glass

25c

common

preferred

Connecticut

9-23

Canners, Ltd., common
1st preference (quar.)

preferred

Iron

Credit

.ft 9-

'

(s-a)
(quar.)

Dominion

$7.50

&

$6

9-15

Corp.——

9-15

5%

$1

Corp

Commonwealth

9-15*

$75c

ft.

10-

25c

Commonwealth

1

—_—f

$1

50C

(quar.)

B
&

preferred

Commercial

9-15*

(s-a)——

Canadian

conv.

Fuel

Commercial

8-19

9-20

15c

___

Gas

10c

10-

1

$1.12y2

(quar.)

Products,
(quar.)____
Dairies, Ltd., common (quar.)
non-cum.
preferred (quar.)__

Dominion

4%

Participating

9-21

10-

common

Participating

preferred

Colorado

Inc.

(quar.)
70c preferred

9-8

$1.12%

10-1

9-17

9-30

Corp.

9-20

ii

10-

$1.12 y2 r-

(quar.)

10-14

9-30

12-19

,

(N.

common

A

10-

1

9-18

-1-3-50

10c

v

:

Dominion

6

Co.—-

pfd.

-

.

Doeskin

9-

,t

$3.50

Company,

Columbia Baking Co.,

$15c

,—

(quar.)

Ice

Co.,

Doehler-Jarvis

0- 6

9-19

9-30

$1.25

(quar.)__

(One

Theatres
class

9-20

10-

9-17

9-30

ft

held)

Cup

$2.50

9-20

62 %c

Company

Coca-Cola

$1

9-20

$1

Coca-Cola

9-30

10-

—

(quar.)

A

Colgate-Palmolive-Pcet,

$2.50

District

Dixie

50c

9-30

;

30c

(quar.)$1.12V2"1

deposit receipts ordinary

dividend

shares

9-15

.

(quar.)„——

9-10

34%C

———

class A

Ltd.

B

9-10

1

American

$2%%

9-17

12*17

'

ftv

Ltd.—

9-15

1

9-30

.

50c

Motor

Co.,

8-19

dividend)

Electric

9-20

25c

"T"

Distillers
Stock

$1.37%

.

10- 1

$62»/2C

common—

Ltd.—

preferred

Class

9-15

Diamond

2

9-19

I'ft

9-16
10-

—

2

9-17

9-30

ft

9-30
10-15

50c

r

,

ft_

Brass

Co.

participating

9-30

—

&

Match

9-

0%

9*

ft'V
■

$1.25

(quar.)

com.

Diamond

9-15

1

9-13

25c

-

Detroit-Michigan Stove, 5% ,pfd.
Dewey & Almy Chemical Co

1

1

1

'$2 " 12-30

-

:

com,-(Irreg.)__
i

N.

(Kansas)

7

.9-30

>

(quar.)

Gas

Co.

9-30

10-1

9-

10-

$1.25

of

Aluminum &

10-

25c

—

Counties

'

Corp

$1.75

(quar.)

(quar.)

preferred

Oil

10-22

75C

9-14

1

$2

Corp.

9-

ft!

9-20

10-

30c

Delaware Power & Light, 4% pfd. (quar.)__
3.70%
preferred
(auar.)
4.28% preferred (initial quar.)___:
Delta. Electric Co. (quar.)—

■$1.50

ft———

Peabody & Co., common (interim)
2nd

Rock

30c

35C

(quar.)

preferred

7%

1.

-$1.25

•

„_

Inc. (quar.)
Delaware & Hudson Co. (quar.

75c

;

—

1

9-

10-1

28c

Inc.

Ltd., class B

Canadian Bronze, Ltd.,

Canadian

9-

9-23

:

<40c

(quar.)__„-

10-

9-23

1

9-24

ft

25c

Records, Inc. (quar.)__
^Manufacturing Co. (quar,)

Oil

9

•

Dejay Stores,

Electric

Commercial

——

Co.,

7

10-15

10-

$5c

Decca

10-

30c

Dayton Malleable Iron, 5% -pfd. (quar.)
Dayton .& Michigan RR. Co.,-common (s-a)_
8% -preferred (quar.) ___________________
De Long Hook & Eye Co.
(quar.)

,,$1.25

—

Illuminating Co.
(quar.) _—_—
Molybdenum Co.
(reduced)Clinchfleld
Coal
Corp.
(quar.)—_
Clinton Industries,
I^c. (Monthly)——
Clopay Corp., class A

9-

9-10

Corp.—

Ltd., class A

Chemical

50c

>

(s-a)

Supply—

9-15

9-30

Li

Dominion

(stock

Corp.

Builders

•

preferred—.
Steamship Lines, Ltd.

non-cum

Multiplier

9-20

■

9-22

1

Climax

9-15

10-

11-

______

(quar.)—

1
1

9-26

<25c

(quar.)___
(quar.)

0- 7

1

;

Quarterly

Starch

preferred

Co.

Corp.

Frere,

$1.75

preferred

5V2%

Ltd.,

Service

1010-

40c

■-■*.'•

Detroit

50c

———___

Investing Co. 5'/2% preferred
Products Corp. (quar.)—

87y2c
«

25c

Stores

10c

pfd.

(quar.)

(quar.)

Derby

10-

(quar.)—

4%

9-20

common___

Co.,

9-15

...ft; 75C

—

Electric,

9-23

9-30

30c

Sugar

,'preferred

Decker

>

10-15

12y2c

.

V
—

(quar.)——

ft, 75c

non-cum.

Canadian

&

•

9-19
S-19

$1.31 V*

________

i

Davison

*

■'"'.■•■'ft

,(quar.)

9-15
9-15

9-30

(quar.)

(quar.).

1

.9-301

75c

(quar.)

Deposited Bank.Shares

10- 1

9-30

(quar.)

Securities

9-16

25c

(quar.)

Gas

0-13

1

87 %c

(quar.)

$4.50" preferred

7

$$i.i2!/2

Bakeries,

(quar:);-——.
Ltd.,

(s-a)

Oil

Cotton

1010-

2%c

—

common

(quar.)

9-15

45c

(quar.)_ .ft",ft

(N. Y.)

__

'ft^Oc

(quar.)
Stone, Ltd

preferred

Co.,

9- 18

1

12-15

America—

10-1

ft

25c

(quar.)

Products———

Cleveland

7

10-

28c

—

Canada

67c

10-

10-28

75c

ft

Permanent Mortgage

'

10-28

63c

(quar.)___

Canada

60c

9-10

Ltd.—

Canada Flooring Co.,

5%

9-1 b*

1

4%

(quar.)

Co.,

Crushed
Dry

rftf Class,. B

5%

1

10-

1

ft

(s-a).

—_________,

Ltd.—

B

preference

Canada

City
Clary

9-6

(9-30
10-

a2 %%

—-—————

Associated

Co..

preferred

preference

Canada

7%

City

75c

(quar.)

(s-a)__

Taggert

Bread

4%%

Canada

Cities

9-20

10-

—

—

Campbell,

Towel

9-15

10-

$1.12% ■Y1GY1,'!

Pneumatic

Cinzano,

9-20

1

$1.75

(accum.)

(A. S.) Company, pom. (quar.)
$2.50 preferred (quar.)
Camden Forge Co., 5 %% conv. pfd. (quar.)
Camden Refrigerating & Terminals Co.—

$4.25

9-19

1

9-29

$30c

(quar.)
preferred (quar.)—
Inc. (quar.)—

Co.,
Service

5%.ft; preferred

Molded

1

10-15

50c

common

■£

Cincinnati

10-

$20c

Campbell

Canada

:

10ft

v

25c

.__

—

Ltd.

Co.

Ry.,

10-

15c

preferred (quar.)
Mfg. Co. (Consol.) .(quar.)

preferred

•90c

(quar.)

—

Water

SL30

7%

Co.,

(quar.)

9-10

25c

Christiana Securities Co.

9-13

75c

Corp.,

9-20

$1.04 I

(quar.)

ft preferred

$40c

pfd.

T

Power

9-20

$1.12%

conv.

Chickasha

9-13

(quar.)—
preferred

California

V Canada

7%

9-20

10-

(quar.)

—

Electric

& Trust

Ohio

Cleveland

convertible

'

Chicago
t

d40c

(quar.)

& Edmonton

preferred

5%

9-14

$30c

5.60%

Canada

10- 1

10c

(participating)—

preferred

$2.50

9-20

5%

Deep

Tool,
common—
$3 convertible preferred
(quar.)
—_:~
Chicago, .Rock Island & Pacific RR., com,—
5% preferred series A (quar.)————
Chicago & Southern Airlines, Inc. (resumed)

9-14

___

(Holding), Ltd.—
preference (s-a)

California
ft;

Extra

Wifeless

5%%

Calgary

ft

1

$1.25

Bldgs. Co., 7% pfd.
Financial Corp. (quar.)_

T.

0-10

9-30

75c

pfd. A

conv.

..

Bush Terminal

I.

10-1

15C

(quar.)

Co.

&

Chesebrough

10-17

1

9-30

$1

(quar.)

C.

Rivet

3y2 %

Ltd.—

A

Class

B

Chicago Mill & Lumber Co.

(quar.)

Class

Cable &

Chesapeake

_____

——i

____

Co.

Cherry

8-30

5%

Co.,

preferred

Chicago

45c

Burlington Steel, Ltd.

$1.50

(quar.)——

Chicago

____

Ltd.

(9-10

9-15

1-3-50

Corp.—

common.

preferred

David .&

9-10

1

10-

(quar.)——

9-16

(quar.)

(quar.)—

Products,

9-30

30c

87y2o

Service—

9-30

11-

9-16

9-15

1

,

of

10-

Works

Class B ,(quar.)—_____
Cuban-American Sugar Co.,

DavSga

9-17

10- 1

(quar.)

Niagara Electric, 3-60%

Building

9-30

$1

—

9-19

10-1

" J..''.'''.

-ft-'

Extra

10-15

10-

9-16
ft

..

Mfg.

Valve

Chemical Bank

8-30

1

9-16

(quar.)
Public

10-1

50c

Curlee Clothing, 4V2% -preferred 4ouar.)
Curtis ;Publishing Co., $7 pfd. -(accum.)
$4 prior preferred (quar.)
D. jWi. G.
Cigar Corp._;

1

10-1

—

Candy

5%

10-1

32 %c

9-

$1,121/2

Wire

&

$1.25

$1.12

$1.50

Corp.,

Co.

Extra

9-16

1

9-30 ft ft

Loom

.Cummins. Engine Co,.
ftis 4Mj% .preferred (quar.)
Cunningham Drug Stores,

9-16

$40c

common——

7%

;

10-

9

9-19

(quar.)

preferred (quar.)
Cudahy Packing,
pfd.
Culver; Corporation (s-a)

,9-19

10- 1

,

10-

1

(quar.)

Forster
A

9-

ft

<

40c ft

»(quar.)_

Steel

9-15

•'

Extra-

1

10-

9-15

20c

9-16

ft 9-

10- 1

9-15

62y2c

9-16

$1.02 ya

1

$$1.50

9-16

1

Inc.

Publishing

Cuban .Atlantic

;ftiL»«.ift'

9-30
10-

$1

(quar.)—_____

9-15*

9-30

$l0c

Irregular

9-2
•

$1.02%

10- 1

ft

ft

25c

(quar.)_

1

9-30

10c

50c

5%

(quar.)

common

10-

10c

(quar.)

International

Forster,

5%

(quar.)

$$1.50

(quar.)

1-

9-30

9-15

: •<--ft

9-16*

(quar.)

convertible preferred

Class

45

9- 2

10- 1

,..ft

Gas;, com. .(quar.)

,8-30

10-

10-

60c

40c

1

<

'-ft,

'

common

Knowles

preferred
8% ft preferred

9-12

B

Co.,

A

Crum ;&

9-12
ft,

A

j$l

___

common

54 preferred (quar.)—;
_______
4%. junior preferred (quar.)—
_

Brown

&

common

preferred

8-30
.V

1

&

i'8%

6

9-20

10-1

$25C

.

10-

933Ac

(quar.)

America,

Zellerbach

5%

9-15

1

of

Cork

Crucible

9-30

10- ,1

10-

$$1.75

(monthly)

10- 7

$$1.19

,

preferred

Distillers,

■7

7

10-

$15C

__—

$1.37Va

(quar.)

common

common

preferred

Class

9

10r20

Ltd.

Crawell-Collier
Crown

9-23

1

$1.75

(increase)

Co.

Is

.—_

preferred

7

Chase

8-30

10- ,7

i9ysc

10-

d40c

Products Corp., .com.
(quar.)_
preferred (quar.)
Champion Paper & Fibre, $4.50 pfd. (quar.)

8-30

,ft

10-

a2y2%
-

ft

7

10-

is

--—_____

(s-a)

7

10-

i9y5c

bearer
(interim)
British Columbia Elec.,, Ltd., 4% pfd. (quar.)
4%% preferred (quar.)——
British Columbia Power, Ltd., class A (quar.)
British Columbia Telephone Co.—1st

10-

a2 y2 7o

1

,1; 50C

4y2%

Chapman

Amer. deposit receipts bearer (interim)

6%

Co.

Vermont

4.15%

.ft

—-

9'

9-15
9-

■;

10-15",

$1.18%

(quar.)

prefened

Central

9- 6

,

Crompton

11-15

s,

11- ! }\

:

i

;d$1.75

Certain-Teed

-

10-

58%c

.

1

9-23

5c

.

1

10-

Li),

Creameries

Service

Power

Paper
Steel

6%

ft; 9-15

-

9-

12-

$2

;50c

preferred
(quar.)
preferred (quar.)

Central

9-16

9-30

Ordinary

:

(quar.)i_^_—
3y2% pfd. (quar.)

series
series

Public

Maine

Central

shares

ft:'',";

3.50%
6%

35c

(quar.)

bearer

Illinois

.preferred

Company,

9-23

10- .1

93%c

ftift

Light Co.—
preferred (quar.)

Central

9-23

$1.37 y2

1

Illinois

10-15

10-

1

10-

$1

________

9-16*

ft-

preferred series 1945 & 1947

(R.

9rl2

;25c

(quar.)_—

(quar.)

Building

preferred

4.10%

Co., Ltd.—

registered

preferred

1

Co.

Electric

4.10%

132 y2c

preferred registered shares (s-a)
deposit receipts, reg. (interim)

5%

Illinois

8-31
9-15

(quar.)

10-

y

1

9-20

3V2%

50c

Corp.,

preferred

Crain

9-12

<

—

Products

Hollywood

112 y2c

Amer.

.<

9-28

9-

pfd.,.(quar.)

Corp.

Storage

9-30

,75c

(quar.)(quar.)

(quar.)_

common———___—

37yac

—

British-American Tobacco Co., Ltd.—
?

10-15

9-15

1

"$1.13

Corning Glass Works,

1

-9-24

10-

JS1.50

pfd.

8-22

Central Hanover Bank 6*.Trusit: Co. < N.

(10-16

75c

—

preferred

Ltd.;

10-

__

(quar.)

1

prior

Crum

(quar.)

3iy4c

,

3%%

Co.,

British-American

10-

$3

9-9

10-

(quar.)______

Cornell-Dubilier Electric Corp.—
$5.25 preferred A (quar.)___

1

.

1st preferred Tquar.

>9-16

87y2c

__

_

preferred (quar.)
Bridgeport Brass Co.—
v:
5.V2%
convertible
preferred
Bristol-Myers

I

10-

'7% 12nd prefefred (quar.lfji— ^

Brazilian Traction, Light & Power Co., Ltd.—

v

$4.75

10-1

$1

(quar.)_

Co.

1

9-

10-

—

25c

Y 6%

♦

preferred

25c

,

Light

(J.

7%

*

9-26

Ltd.

Bridgeport Gas

9-

1

75c

preferred' (quar.)
Catelli Food Products^ Ltd., 5% pfd.——___
Celanese Corp. of -America-, cdminonft—

■

9-19

_

r

1

10-

Y37%cft

preferred

1st

7%

ft) 9-19

;

9-30

$2

Cordage, Ltd
common—
preferred (quar.)

$1.30

ft
K

$1.37 y2

(quar,)
Co

YBrantford

10-

9-15

Plywood Corp.,
I.)
Company, common—_________

Cassidy's,

9-12

___

Sons

&

9-26

30c

(quar.)__

Case

ft

.9-15

.

50C
25c

(quar.)

1

.

preferred

General

«&

Central

preferred

9-

75c

Paper Co., 4%

Cascades

9-20

37y2c

pfd.

Cooper-Bessemer
10- 1

9-9

9-30

<

25c

preferred

Crawn

Telephone & Telegraph

Corp.,*4.%

Carriers

9-15'*

"

9-30

f

2ft

9rl5

__

_

(quar.)(quar.)
Corporation (quar.)

Bearing

J.)

;v

Carrier

;!

preferred

prior

9-

3%%

Co.,

Co., common
preferred ______—

4y2%

1

.

30c

i

4%.%

11-25

75C

—

1

(quar.)___

Continental,Gin
>

10-

Baxter & Kennedy, Inc.,. (quar.)

Carolina

9-20

;

9-30

„*v:

__

(quar.)

Co., 6%

ft. 9-30

25c

-

Club

5 %

'6%

10-20

1

i2yac

Borg-Warner Corp., common .(quar.)
3.%%. preferred (quar.)_______
Boston

Carey,

$1.75

ft

preferred

(George W.)

Bocg

Carnation

9-15

10- J

common

Co.

Book-of-the-Month

9-15

Carpenter

(quar.)

preferred

Tobacco

(H.

9-15

50c

(quar.)__

f Black & Decker Mfg. Co.- (quar.)
/Black, Sivalls & .Bryson, Inc. .(quar.)
{

9-30

ft

50c

L

■

—

25c

ft?

9-14

Ltd.—

Sullivan St Furth,
preferred Iquar.);

9-30

•

8iy4c

pfd. (quar.)__
(quar.)

common

9-15

9-28

12-15■

9-

_________

Administration

ft 9-30

37V2c

.'ft:-;ft

_______________

Co.

10-15

6%

Capwell,

B

1

10-

—

1

—

—

$3 preferred ;A
(quar.)
Capital Transit Co._,—

5Qc

& -Cement

Corp., .V%

9-15
9-30

10-

—

$50c

50C

pref. (quar.)
Co.—Y-

conv.

1

,137y2c
150c

(quar.)_

10-

$1.13

Commercial Corp._____
A,
Copper & Steel Industries, Inc._
Continental Foundry & Machine—
1
Common
(quar.)
5%
preferred (quar.)

Ltd.—

common

ftv$25c

——r—

(quar.)

Co.,

Capital

cQmpipn_____-.-

—_

$2

Limestone

preferred

-Bibb

Loan,

Wireoound Boxes,

Mills

8-31

.

(quar.)

Class

Continental

•

$1.12%

Continental

137y2C

Ltd.

•

(quar.)

____

1

Crane

class A Kquar.)

$1.50
Cannon

8-31

10-31

—

Co.,

9-15

•ft 10-

—

(quar.).

Hedges,

Bessemer

4%

(quar.).

Industrial

preferred

preferred

Canadian

8-29
8-31

1

Westinghouse

preferred

Baking Co., common (quar.)
$5.50
preferred
(quar.) _________________
Continental Can Co., $3.75 pfd. (quar.)

8-31

■

(quar.)

A

1;

10-

$15c

-preferred£. (quar.)-—,,
Co. of Canada (quar.)—

Beneficial

1

class

i

Continental

Products Co.—

1

$$1.75

Bell (Telephone

ft ft

10-

$$1.50

Hosiery Co., Ltd., .common

Bendix Aviation Corp.

Canadian

9-26

40c

—

(quar.)

-—

Glove &

9-10
9-14

10-

(quar.

Co.

Ltd., common
(quar.)

1

$35c

(quar.).—-,....™—_

1

♦

Beech-Nut

$1.50

10-

8-31

9-15

-——_

Silk

9-10

?25c

Ltd., class A (quar.)___

Creek RR; Co.

Beech

(quar.)

common

preferred
Ltd

—

ft'

'

49

When
Holders
Payable of Rec.

Share

.,

Co.

preferred
(quar.)
Continental Assurance Co.

"8-31

10-1

10-

Per

_

Company

Power

$4.52

10-

—

.9-21

;

$4.50

«

10-1

——

(quar.)

pfd.

4%

Opt. Co.,

Foods

1

.

(quar.)

common

8

1v

i

'
—

—

Industries, Ltd.,
preferred
(quar.)

9-14

1

(quar.)

Canadian

Ludwig Baumann—

see

Lomb

&

Beatrice

A

Co., Ltd.—

10-

9-15*

-

Eausch

Machine

Ice

10-

1

10-

—

10-

10-

$1.12 »/a

—
—

10-

common

843/aC

(quar.)____,

1

10-15
10-

50c

(quar.)_

Corp.__l

Works

Iron

Baumann

Class

Ltd.,

Products,

(quar.)—

$1

45c

75c

common

1

9-10

50c

,/

(quar.)

Manufacturing

10-

A

75c

ft'

.

■

11- 2

2-2-50

120c
117y2c
7%
ft,,^$1.75
Canadian Xngersoll-Rand Co,, Ltd..
—
1$1
Canadian Motor Lamp Co., Ltd.
(quar.)—
;
115c
Canadian OA Cos., Ltd.—
'/•ftftift.fti1
4%
preferred
(quar.)—
..
1$1
'5%
(quar.)—
451.25
preferred
8%
preferred
(quar.)
1$2
Canadian Pacific Ry. Co., ordinary——;—_
,
150c
Canadian Refractories, Ltd.—
ft
- ■ ufft,.ftft
4V2%
preferred (quar.)——
151.12l/k

(quar.)

(quar.)

bates

i.

10-1:!

30c

O.l. Corp.

Bastian-Blessing Co.

9-12

1

Food

Class

$1

12-13

10-20

40C

—

4%

Manhattan

10-

$1.25

pid. (quar.)
(quar.)

common

-Y--

1-2-50

3

.

Name of

Consumers

|183/4C
125c
4Va %
preferred (quar.)—
—
l$1.121/2
Canadian
Foreign Investment Corp., Ltd— ft
,.".iV
Reduced —ft—
—,ft,
50c
Canadian General Electric Co. (quar.)
152

9-

10-1

Holders

'

t25c

Canadian

8%c

(quar.)_—__——

Bankers Trust Co.

Ltd.—

Co.,

Common

;

7%

the

Dock

&

SI

C<mp.tY

Bangor

of

Dredge

When

(1125)

Payable of Rec.

Share
25

9-30

—.

Bangor & Aroostook RR. Co., 5%

Bank

Canadian

,9-10

$1.50

preferred

Name of Company

•V 9- 9,,

1

37%c

(quar.)—

common

1

6%

10-

CHRONICLE

Per

Payable of Rec.

$1

FINANCIAL

&

Holders

When

Per

Name

COMMERCIAL

9-24

,9-15

$$1
12'Ac

10- 1
9-30

■

9-1$
9-18

Inc.

participating

preferred

(quar.)—

9-flO

50

El

Paso

-El

Paso

Electric

Share

Electric

Gas,

30c

(quar.)

common

Electric

$2

Controller

pfd.

conv.

&

Products

Mfg.

(quar.)_™

$G

9-16

Gerber

1

9-16

Gerrard

10-10

9-27

Gibson

1

9-20

Gillette

9-16

Gleaner

Corp. (Calif.)
(quar.)
Elgin National Watch Co. (quar.) __
—_
Elliott Company, common
(quar.)_

1

9-20

Glen

1

9-20

Glens

Glidden Company,

9-30

9-19

9-19

Goldblatt

9-19

____™__,_______™

_

preference (quar.)^.—,
preferred (quar.)

5%

Emerson

Drug

Electric Mfg.

7%

19-

1

50c

10-

$1.75

preferred

Co.,

(quar.)

pfd.

8%

Mfg.,

Ltd., class A (quar.)__^
Johnson Corp., common

Endicott,
4%
preferred (quar.)
Equity Corporation, common
Common
20c

Esmond

Pie

1010-

$1

1
1

8-19

10c

Ltd.,

Corp.,

12-2

1-3-50

5c

9-30

9-16

1

i25c

11-

1

10-

$1.25

(quar.)__

10-

1

12-

$1.25

,

5% pfd. (quar.)
5% preferred (tjuar.)

preferred
Gray Drug Stores

7

Great American

9-15

Corporation

Fairmont

4%

Foods

Co.;

preferred

Fairmont

5%

(quar.)

10-

3

9-

9

Class

A

preferred

65c

10-

1

9-12

Class

B

preference

10-

1

9-15

10-

1

9-15

Railway

preferred

Motors

preferred
Players

$1:

10-

$2.50

dividend)

9-

1

Non-cum

$0.185625

10-

1

9-105

30c

10-

1

9-13

56 %C

f 10-

1

9-13

(quar.)

Canadian

7%

Quarterly

$25c

Fanny Farmer
Farmers

Candy Shops,

Traders

&

Life

Inc.

Insurance

Rubber

Federal

Bake

federal
Federal
Felin

Felt

Feltman

J.)

5%

&

&

of

First

1st

Florida

Food

Machinery
Oil

Co.

of

Sugar Co.

Power

8-22

12- 5

10-10

8-19

1-3-50

12- 1

20c

10-

75c

1010-

10-21

9-30

$50c

10-24

6%

preferred

25c.

10-31
10-31
10-14

9-15

;,v. i5c

9-30

30c

12-20

37y2e

9-30

$4.25

preferred

General

Baking

Co.,

9-30

General

Box

General

Builders

5%

conv.

General

6%

Co,

Controls

9-30

9-

9-20

$30c

10-

1

9-

10-

1

9-

preferred

10-

1

1

Finance

preferred

4%

conv.

7%

7%

Industries,

(quar.)

conv.

$1

preferred

2nd

9-

5%

$4 "preferred

(quar.)

preferred

9-15

10-

6

9-

10-14

9-

7

25c

11-23

11-10

11-25

11-10

(quar.)__

•

(quar.)

..>

t quar.)

Castings,

Telephone
preferred
Time

,~I—

preferred

1

9-30

9-

9

9-30

9-

9

Now

3

$6

1

11-

1

10-17

1

9-

,11-

1

Ideal

Irving Trust Co.
Jamestown

9-30

9-12

-

8

12-28

3-30-50

3-10

6-30-50

6-12

7%

$1.50

10-

1

9-20

Jewel

12-

1

Jamaica

1

'25c

10-

Gas

2

11-

$1.50

10-

1

Kansas

City Southern Ry„ 4%

10-

1

9-10

Kansas

Gas

$6

9-19 *

Common

9-16

Katz

1

9-16

Kawneer

1010-

30c

1

1

91'4c

JO- 1
9-26

9-16

1

9-12

10-1

9-13

10-

40c

43%c

preferred

$25c

10-

1

10-

1

9-16

10-

1

9-20

9-24

9-12

$1.50

Y

45C

.

20c

Co.

9-30

(increased)

Co.

9- 1

Kidde

Company, Ltd.

1

8-31
9-16

4%

10-

$1
50c

(quar.)

10-

9-

1

12 %c

A

9-30

Co.,

Ltd.

12-22

Co.

9-20

9-27

9- 2

$1.12%

9-27

30c /

(Texas)

10-

25c

10-

1

10-

1

Door

;

30c

Co.

9

La

9-20

$4.75 preferred

preferred

9-16

>

France

Lamson

12-30

12-20

9-30

19-0

10-

1
1

I

9-15
•

Y

9-19

"

Y

Lerner.

8-16

1

9-15

9-12

1010-

9-12
9-12

10-

9-15

10-

9-15

9-30

9-

25c

9-26

9-9

9-26

9-

10-

37 %c

2

1

9

9-21

37VzC
(stock

dividend)

1-2-50"

37%c

Y

4-1-50

3-22

1

9-15

10- 1

9-12

1

9-12

50c

T

__

10-

2%

^

10-

$1

12-22

9-27

9-21

$1.12%

12-28

12-21

$1.50

10- 1

9-15

20c
$25c

.(/9-30

5c

10- 3

50c

9-30

$1.12%

(quar.)
1st

preferred

preferred

Light Co.

(quar.)_

(quar.)

Co

!

:

10-

"

; Y;

9-20

-(Greenville,

Co.,-

.
S. C.),5 (quar.) l
Quarterly

•

—

30c
30c

8-17
9-17
9-21

1

10-31

1

9-10

9-24
10-

9-

1

10-

1

9-22

9

9-10
Y

9-10

8-30

!

10-15

10-

11-

*-

- -

-

_

——*——_:—-

1

1

11•

50c
$1.12%
>
■ ' -•i

•»

9-15

9-14

10-

pfd. (quar.)_
preferred (s-a)_

Corp., common- (quar.)—
preferred * (quar.) _^™_^-———

9-16

10-

$2.50

Co.,

9-24

Y

10-1

37%c

(quar.)

Sessions

Y

10-1

tl2c

Ltd

Mines,

Company
&

(quar.)

Liberty *:Life-' Insurance
.

11-

$25c

9-23

10-

25c
50c
20c

1

'

8-18

9-30

$3%

10-

10-

Stores

4% %
9-30

9-10

9-24

'

62 %c
Lamston
(M. H.), Inc., $6
" ;
$3
Lang (John A.) & Sons, Ltd. (quar.)____™
Y'Y J25C
Lawrence Portland Cement Co. (quar.)—f 25c
Leath & Company, common (quar.)
25c
$2.50 preferred
(quar.)
62y2c
Lehigh & Wilkes-Barre Corp. (quar.)
YcY" $2

9-20

v

9- 2

Industries

convertible

Lamaque Gold

9-16

9-30

10-

;

8-31

2'5c

(quar.)

A

Steel

30c

—_

9- 2

$1.50
25c
35c
$1.12%

L

common..

Laclede

$1.183/4

;

Company,

9-16

$1.25

$12%e ^

9-30

9-28

preferred (quar.)
Mfg. Co.,

4%

(Madison,

(auar.)

9-16

$15c

(quar.)

9-30

50C

Co.

9-5

50c

Company

Gas

H

5

9-20
-

25c

(quar.)

Emil)

Laclede

$1.25

-preference (s-a)__
preferred
(quar.)_

preferred

9

i

9-

10- 1
9-30

$75c

$1.12%

(quar.)„

(quar.)

9-

Ho

9-16

9-20

5c

preferred

Lambert

(qu&r.).

9-16

Labatfc' (John), Ltd._

Co.

Commercial Telephone

'10- 1
10- 1

(quar.)

(quar.)
preferred (quar.).

9-ie

9-30

$1.50

37%c
37%<5
$75c

(quar.)

Company

9-20

50c

vV'Y

&

4%%
preferred A
Kroger Company, 6%

(London, Ont.)

preferred (quar.)_.
preferred quar.
Cement

• ?,■

9-15

;

(D.

4%%

1

9-

9-26

30c

$1.50
56 %c

.

8

9-

1

9-20

9-22

Kroehler

9-20

10-

$12%c
'

9-

9-30

$1.12%

(quar.)

4%

9-20

9-20

25c

(quar.)

$$1.25
&

$1.50
Klein

9-16

1

9-20

9-30
9-30

Gold

prelerred

Koppers

9-30

50c

(quar.)—

&

9-30

9-10

Company—

$1.50

1

9-22

9-15

32c

(increased)

preferred

$1.50

^

(

9-10

25c

/

Ltd.

Copper Corp.

2nd

Kirsch

9-9

$1.06%

(quar.)

9-10
Y'9-15

10- 1

Extra

9-20

1-2-50

9-10

"

9

25c

class

9-15

9-30

King-Seeley Corp., 5% conv.,pfd. (quar.)™
Kings County Lighting Co., 4*% pfd. (quar.)
Kingsport Press, Inc. (quar.)_.
Kinney (G. R.), Inc. (quar.)_.

2

9-16

1

9-10

30c

Company, $4.50 preferred

4%%

1

9-

9

9-10

25c

(quar.)
Kimberly-Clark Corp., common (quar.)

10-

9-30

9-

10- 1
10- 1

i

class A

Canada,

(Walter)

10-

$6c

9-30

25c

Mines, Ltd. (interim)
'
Key Company-(resumed)
Keyes Fib.e Corp. 6% prior pfd. (quar.)™

50c

■

(quar.)

Special

of Canada, Ltd.—

(quar.)„

of

Kennecott

10-18

9-30

2"

9- 2

$1.75

;

.

Kendall

9-20

10-28

'

9-12

9-

10- 1
9-30

25c

(quar.)

common

(quar.)—

preferred

Kerr-Addison

30c

f $1.12%

(quar.)

Extra

'

'

20c

$1.25

preferred
(quar.)

Kelsey-Hayes Wheel,
Class B (quar.)_

9-16

$$2.50

i

(quar.)

$1.12%

$4.50

Company,

Kelvinator

(quar.)

Co.__„-

com.

quar.)

Company

preferred

6%

: ?
—

Gas

Kearney (James R.) Corp
Kelley Island Lime & Transport Co.—
Kelling Nut Company, common

9-17

30c

(quar.)—

common

common™

9-15

10-25

r

7%

9-17

-

:.9-10

$1
50c
$1.50

9-15

10c

Kaynee

9-12

1

10-

45c

(quar.)

Co.,

9-15

65c
$1.25

Extra

9-21
0-16*

9-30

15c

(quar.)

10-18

Light Co.—

(initial

Drug

6

10- 1
10- 1
10- 1

(quar.)

pfd.

preferred
(quar.)
preferred (initial quar.)

5%

9-30

10-15

75c

com.

4 % %

9-30
10-

Co.,

Natural

&

8-31
9-

10- 1

10c
.5%

Co.
(quar.)
dividend)

(quar.)

Power

9-12

10c

H

preferred

10-31

35c

V

$5

$1;25
$1.25

(quar.)

Kansas-Nebraska

9-15

$1.75
25c

(quar.)_

A

(quar.)

preferred

9-25

$1.25

Electric

&

preferred

Kansas

6

9-20
*11-1
9-30
9-30
9-29
11-15
10- 1
10- 1
10-15
9-30
10- 1
10-1
10- 1

60c
93%c

(stock

Laughlin Steel Corp.,
preferred A
(quar.)

11-11

30c

33%%

Sulphur

Johnson

9-30

10-15

$1.12%

Lake
&

&

$7

9-19

C

;

Paper

6

9-

25c

9-10

9-15

8-31

9-15

9-15

$1.25

1

1

10- 1

$1.50

$25c
x$$1.75

(quar.)^

10-

1

9-15

;

Jones

1

10- 1
10- 1
10- 1

common™

pfd.

9-15

_____-—-J-

9-

r

&

Michigan Electric Co.—

preferred

Liberty

(quar.)—.—

10-

fl-03%;

.

Indianapolis Power

9-30»
9-

1

9-30

B

$5

1

10-

$1.25

(quar.)__

Supply,

10-

(quar.)

preferred

4%%

9-30
'

Light _Co„. common...

1

10-15".

40c

9•

'

9

Class

"Y ;

10- 3

75c

Loan
B

Corp.,

class

10-18

1

3

V.

10-

•

-

1-

10-

1

'

9-23

•V

preferred

5%

9
.

preferred
preferred

>

$1.25
t

'

\

A ' (quar.)—

10-

1
1

9-19

r'

Lima-Hamilton

; io-1 - I;

$1.25

•

9-10

Lincoln

'

..

9-23

10-

1

•'9-20

10-

1

9-20

preferred TquaT.y--.i_-:—rY 18%c r

convertible

Liggett & Myers Tobacco
7%
preferred (quar.)_

9-19

10-

$1

Y*.

•

(quar.)_

Indianapolis Water Co.—
5%

9-20

(quar.)

—

35c
35C

A
——

_________

~

4%

9

}■-

20c

Water

Johnson

(quar.)——

Bearing Co
Company, common

Indiana

9-30«

10-1"

t

4%

9-12*

1

$1. rj ii-; i

25c

preferred

Jefferson

10-

12- 1
9-30
10- 1

(quar.)

common

9-15

10-

30c
12 %c
20c

11-10

—

Co., Ltd.,

9-15

Jic

82%c

(quar.)

Company,

pfeferred

$5

9-15

(quar.)

pfd.

"

9-30 "

11-

4%

"

Service

1

Imperial Tobacco Co. of Canada, Ltd.—
Ordinary^ (interim)

9-15

1

Tea

Jamaica

Co.—

(quar.)_
preferred A (quar.)

Oil
Ball

Wis.)

9-15

1

10-

■

25c
-40c

Public

9-30

J20c

9-15
9-15

10- 1
10- 1

(quar.)

10-

$1.25

10- 1

TO- 1

(increased)

(N. Y.)

$12%c

(quar.)—.

$1.50
$1.62%
' $1.75

Telephone Corp.—

preference

3%%

Ltd.

10-

9-20

preferred A (quar.)
6% 1st preferred (quar.)__—

$1.25

10-20

9-29

5%

$1.25

$1.50

8-31

75c

(quar.)

Co.

Co.

9-16

Imperial Paper & Color Corp.. (s-a)

10-10

Ironer

9-14

9-

9-15

9-21

(accum.)

Ironrite

1

9-20

9-15

9-30

(accum.)
B

Mfg.

1

25c

9-15

—

9-17

Fireman

10-

37 %c

9-15

10-15

9-30

7%

$1.25

(quar)—

9-10*

9-20

-.'v.

Iron

11-

9-15

2c

preferred A (accum.)
Iowa Power & Light Co., 3.30%

12-

9-22

1 %C

$1.12%

Electrochemical—

Illinois

9*

10-10

11- 1

preferred C
preferred

6%%

10-

$1.25

9-15
'

^___—12c

8-26

9-27

v

9-15

$75c

—

Fund-

9-15 y

9-20

10-1

9-15

10- 1

25c '

quarterly basis

a

9-15*

1

Iowa Electric Light & Power—

9-15

—

conv.

5%

9-16

10-

>

on

2
2

9- I

9-20

Investors Telephone Co.—

10-

common—

(s-a)

H.)

Huxilg Sash

9-19

10-

$1.37%
■

_______

Corp.

v

National. Life

c6>-.YY!^:'.

t

:Y

>

.$1.75

(quar.)

10- 1

15c

10-1

;.

Insurance

(quar.)—

9-20

io- i

•.

:—

:

30c

^ f

t

11- 1

9-9
.

9-15

10-24

"

(quar.)

$6

Corp.,
(quar.)

Corp.,

9-15

$3

preferred

5%

10-

$1.50

..

semi-annual

1

9-

9-

'

10- 1
9-30
9-30
10-15
10- 1

$1.20 >
10c *
/ $1.25
\ 50c
$1.50

-

——

10-

8-22

9-20

(quar.)

(s-a)

Co.

Selective

$1.25

Quarterly

9-16

15c

.

Steel

1

$1.25

•>

Co.

10-

Royalty

Extra

Investors

5%

Huron & Erie Mortgage Corp.

1-1-50

$1.25

(quar.)__

(quar.)__

Investors

9-19

9-16

10- 1

Ltd.:— ,*' f•/'
(quar.)

9-15

i..

10- 1

preference

1

37 %c

(Frank W.), Ltd., class A (quar.)
Hosklns
V
Manufacturing
Co
Hotel Gibson Corp., 6% preferred (quar.)
Houdaille-Hershey Corp., $2.25 pfd. (quar.)_
Hubbell (Harvey), Inci (quar.)—
Humphreys Mfg. Co;, common
6% preferred (quar.)

*r*l■■

(quar,

9-10

3

9-29

convertible

9-15

30c

■

$1.06%

(Henry) & Company,
preferred
(s-a)

4Va%

7

93%c

.;.•

6%

10-

15c

America

10-

25c

Horner

9- 7

410-14

$1.25

Cement Co.

Refractories

(D.

Hoover

9-15

$1.75

pfd.

'

of

■

9-15
r •

-433/4C

Co._~;

Power

v-., ■

(quar.)—

(quar.)_.
(quar.)—_

Hosiery Mills, $6 pfd.

$5c

(quar.)

Company common

DauOh

Houston

9-15

1

$1.75

Railway Signal Co.," common......
6% preferred (quar.)
General Realty & Utilities Corp.—
Increased

J.)

$4.50

$1

Corp.___________3_IZ~I
5%

10-

$1.75

Corporation

Furnace

Hoover
9-30
1

,

preferred

$5.50 preferred

Co.,

$4.25

6

10%

General

4y4%

1

10-

reg_I"I

(s-a)

Geperal Public Service $6 pfd.

4.40%

10-

al0%

(quar.)

Portland

9-10

——

Corp.:—

$1

3

•i

(quar.)

preferred

Powder

&

Hooker

9-19

10-

(annual)

Motors Corp.—
preferred (quar.)™
$3.75 preferred (quar.)

General

1

25c

.:

$5

General

10-

2c

General

-Paint

Foundation,

10-

(quar.)

Refractories

preferred

Honolulu

6

$2

.

.

(s-a)

Instrument

General

9-

9-26

a7%%

Mills, Inc.,

General

5%

Fireproofing. Co.

General

General

1

11-1

37 %c

preferred C

General

General

10-

$1.06 %

preferred (quar. )__.*_
preferred (quar.)

General

Holt

Corp..
A

Investment

Co.—

Common f (quar.)

Holmes

9-20

75c

ord

Co.

9-20

30c

—

9-20

10-

7%%

5%

General

9-16

15c

Bonus
General

1

10-

31 %c

for

Interstate

$$5

Hollinger Consolidated Gold Mines, Ltd.—
Quarterly
______^4_—
i.!-™
Hollingsworth & Whitney
4
$4 convertible preferred (quar.)

9-16

-•>•4:15c

quar.)__^

receipt

9-15

1

.

I,

deposit

1

10-

$25c

Ltd.—

registered

Bonus

American

Co.

Ltd.

Hinde '& Dauch Paper Co.

9-21

10- 1

$1.12%

(quar.)

General Electric Co.,

Ordinary

10-1

10c

priof preferred 4quar.)_-_
Department Stores

Interstate

10-

•,

<quar.)_____

pfd.

com.

common___™_—

Interstate

:

9-14

(quar.)

Company,

Investment

(quar.)

preferred

Holland

9- 1

75c

Inc., com.__

preferred

9-15

10-1

75c

7%

Corp.

8-23

1

10-1

Bakeries

9-20

$i

$1

of Canada,

Monthly —'

1

$$1.25

(H.

Hercules

0- 0

9-29
9-20

75c

Co.,

1

Tobacco Co., common
non-cumulative preferred
(quar.)—
Glass Co.
(quar.)

Hlnde

$1
25c

Co.—_—

$12%C

Insurance

Henkel-Clauss,

6

9-29

Co

9-21

Hxbbard, Spencdr, Bartlett & Co.—
Monthly

9-16

9-20

$1

(quar.)

common

Corp.

10-

$5 preferred (quar.)

Cementing Co.

Paper

Fire

prior

5%

9-15

9-30

$$1.37

common

Interstate

25c

Hendershot Paper Products, Ltd.—

1

250

(quar.)

Corp.
(quar.)_

Co.,

$4.80

9-15

35c

Co., Ltd.—
Helme (George W.) Co.,
7% preferred (quar.)—

Supply

preferred

9-15

9-30

Engineering Corp

Co.,

preferred

3.65%

9-16

12-

25c

________

(reduced

9-30

6%

Helemano

9-15

A

$8

Interstate

—

(reduced quar.)
(stock dividend)

,

v

34%c

(quar.)
™_H
preferred (quar.)__

series

9-15 ;

Corp.,- common
preferred 2nd issue (quar.)

Heinz

9-15

2814 c

(quar.)

9-30

(N. Y.)

Well

preferred

Heln-Werner

10-14

5c

Corp.—

t25c

Hartman

10-14

55c

(quar.)__

Shoe

Hazel-Atlas

9-10

American Transportation
Common (quar.)

Salt

International

International Silver

45C

Corp

9-30

10- 1

General

International

9-20
9-12

$1.06 V*

Steel

$3

(quar.)—

Ltd

Canada,

(quar.)

9-23

(quar.)—

pfd.

$5

9-20

>

&

Printing

Oil

Harrls-Seybold

9-30

50c

of

$12 %c

Hartford

9-15

f,

9-20

Co.

Products

10-

30c

4'/2%

9-15

$35c

com.

3

preferred

$4

International

10-14

(reduced)

Gas,

9-15

YM

(Texas)

7

7%c

___

Harrisburg

9-15

10-

50c

Oil

7

9-

5%

Harrisburg

9-15

25c

_™__,

American

9-

1

6%

9-15

10-

37y2c

Manufacturing Co.—
participating preferred (quar.)__

General

1

10-

Nickel

International

$250

Bridge

4y2%

9-20

Getnmer

$3

International Paper Co.,

10-

Harnischfeger

$$1.18

General American Investors
Co.,
$4.50 preferred (quar.)

9-16

;

Harbison-Walker

5%

9-15

(quar.)™™—

9-30

25c

(quar.)———_

& Alabastine

F.)

10- 1

(quar.)

International Ocean Telegraph

(quar.)—

9-16

50c

preferred

4%

9-15

.

(Winnipeg)

Ltd.

9-15

10-

_____

(W.

4(4%

9-24

(quar.)

9

11-25

9-26

50c

preferred (quar.)
Harding Carpets, Ltd. (quar.)

10-

9-

1

(quar.)

12-15

(quar.)

9-30

37%c

10-

Common

9-19

Chemical Corp.—

International Minerals &

10c

Extra

11-24

(quar.)

Power Co., common
5% preferred (quar.)
5Va% preferred (quar.)—

9-15

>

Ltd.—

Industries,

(quar.)

}25c

:«.i-

Corp.

9-19

____

Gatineau

.

common

9-19

12-

_

!

9-30

—

Hamilton

9-5

$1.50

(quar.)

9-15

(quar.)_

com.

(quar.)

preferred

30c

(quar.)__;

Co.

10- 1

(quar,)____

(quar.)
Co, (quar.)

9-30

A

Co.,

$30c

1

10-

(quar.)

common

4%%

—

Halliburton

11-20

9-20
10-

25c

common

Metal

Class

(quar.)

Aircraft

Hammermlll

10-

(quarj-

International

9-12

$1.25

(quar.)
Mobile & Ohio RR., $5 pfd. (quar.)—<
preferred (qtiar.)—
—J
preferred (quar.)_
preferred (quar.)
i
Power Co., $6 preferred (quar.)

Hall

12-2

75c

(reduced)

Packing
Corporation

Extra

1

12-15

25c

(lrreg.)l
Fuller (George A.) Company (quar.)__
Gair (Robert)
Company, 6pfd. (quar.)__
Garfinkel (Julius) & Co., Inc., com.
(quar.)
4'/2% conv. preferred
(quar.).

Garrett

10-

Co.

Gypsum Lime
Quarterly

9-16

$12%c

;

Gulf

9-16

1

30C

Co.

preferred

1

10-

$1.50

(quar.)

Canada, Ltd.

Ltd.,

10-

12 %c

Corp.______

$5

9

50c

(s-a)

preferred (quar.)
Froedtert Grain & Malting
$2.20 preferred (quar.)

5y2%
Garlock

9-

$5

9-13

9-19

75c

4%%

Frontier

9-24

»;■>. $1

Chemical

&

$5

1

25C

25c

Gas

&

Die

&

Guantanamo Sugar Co.,

1

30c

Foster & Kleiser Co., class A
pfd.
Foster-Wheeler' Corp., common
6%
prior preferred (quar.)_-

Cos,,

99-

$2

Foreign Light & Power, 6% 1st pfd.
Foremost Dairies, Inc., com. (quar.)
4%
conv.
pfd. iquar.-)
;
6%
preferred (quar.)

Fraser

1

9-21

30c

•

(irreg.)

Forbes & Wallace class A
Class B (quar.)_

Francisco

10-

$20c

(quar.)
Corp., common
(quar.)
class B (quar.)—_____

_

preference

Guaranty Trust Co.

Gulf,

preferred

Foundation

2

$3

Power

Foothills

B-

Co.—

Florsheim Slice Co.,
> Class

9

9-26

Brewery Co.—
(increased)

Grumman

9-19

Stores, Inc._—_
Springfield Corp.
(year-end)

6%

9-

V:;y.

Wire Co.,

Gruen Watch

'9-15

9-20

>™.

Corp., common
$2 preferred (s-a)
Fitzsimmons Stores, Ltd.,

1

9-30

$30c

Co.—

preferred
Corporation

Grinnell

9

9-27

Ltd.™

York

10-

$62 %C

convertible

5%

9-20

1

9-20

National

First

First

9-

9-30
10-

62 %c

Canada,

(B)

Common

9-15

$1

Fidelity Fund, Inc. (quar.)
Fiduciary Trust Co. (N. Y.) (quar.)
Finance Co, of Pennsylvania (quar.)
Extra

1

10c

(quar,)

Products

10-

$1.50

(reduced)

Curme Shoe Stores

5c

Griesedieck Western

6

10-15

40c

™_.

Harvester

iquar.)

9-

11- 1

15c

Company..;—-:..

International

10-15

9-15
9-16
9-20
9-19

n

Co.—

(accum.)

preferred

20c

Co.

9-15

1

9-23

50c

(N,

Mfg. Co.

preferred

Fibre

25C

J,
(quar.)__
& Smelting Co

Mining

(J.

10-

$2.50

Shops, Inc.

& Tarrant

9

93%C

Greyhound Corporation, common
4%%
preferred
(quar.)

50c

Co.

9-

9-15

Co

Insurance

1

$3.50

$5c

Greening

9- 9

9-30

Co.—

Syracuse,
N.
Y.
(quarterly)
Farrel-Birmingham Co.
Fashion
Park, Inc.,
(quar.)__
Faultless

9-24

37 %C

(quar.)

10-

1

Tap

$1.50

Educational Publishing

International

9-9

Ltd

Co.,
(quar.)

preferred

6%

1

$$1

(quar.)_

Powders, Ltd.—
participating preferred (quar.)

$1

Quarterly, i

Greenfield

'

9-16

Products

8-31
9-15

Bronze

10-

(quar.)

Great Western Sugar

Ltd.—

Corp.,

International

25c

(quar.)

Railway

convertible

9-30
9-30
9-20

9-15

Co

Cellucotton

Extra

$1

Great West Life Assurance
■;

50c
$1
t40c

10- t

(quar.)

preferred
Felt Co.,

West

50c

3

9-29

10-14

(quar.)__

common

Northern

Great

Great

Inc.

(s-a)_______,

Family Finance Corp.,
4Va%

:>

____________________

FalStaff Brewing Corp. (stock
4'/a %
preferred (quar.)

Famous

35c

common....

(quar.)

10- 1
10- 1

2*

common——

Co.

9-16

.

$40c
$$1.12%

9-

(interim)—™
(quar.) —

Ltd.

Insurance

$2.50

_

Ex-Cell-O

9-15

1

common

(quar.)—

10-15

$26c

__

10-15

10-

Great Lakes Industries, Inc. (quar.)_____—
Great Lakes Paper Co., Ltd., commmon

Estabrooks

<T. H.) Co;, Ltd.—
-,/>>;>
preferred
(quar.)_
European & North American Ry. Co, (s-a)

Co.,

3%%

11-15

35c

2*

$1.50

preferred (quar.)—
——
Goodyear Tire & Rubber Co. of Canada, Ltd.
Grafton & Company, Ltd., class A
(quar.)
Grand Rapids Varnish Corp
J
Granite City Steel Co.
Grant (W. T.) Company, common (quar.)__

11-10

10-31

9-

Steamship

International

9-14

,

12 %c

$5

9-19

10-10

1-10-15

F.)

(B.

12-31

1

(quar.)

preferred

Goodrich

9-19

7%c

Inc. (quar.)
Co., $5 pfd. A

Milk,

^Eskimo

9-30

7%c

(irreg.)

4%

9-15

30c

10-

56'% c

(quar.)
Ltd.,

Co.,

10-15

Interlake

10-1

40c

(quar.)__

common

Mines,

Manitou
State

10-15

40c

(s-a)

preferred

Railroad

Golden
Golden

$37%c

1

8-31

62 %C

Inc.,

preferred

9-15

1

10-

f25c

(irreg.)

Equity Fund,
Erie

V-

10- 1

1

9-

40c

common

Brothers,

9-15

1/

(quar.)_™>_>u______„™

preferred

Empire Brass

50C

8%

$2.50

9-19

10- 1

;62%C
(quar.)

Co.,

37 %c

9-

9-20
9-20

(quar.)"^

Y.)

10-1

9-30

9-30
10- 1
9-30
10- 1
10- 1
10- 1

9-20

50c

—

(N.

Co.

Insurance

25c

1

20c
50c
50c
37%c

27%c

(Chicago)

Inter-City Baking Co. new com. (initial)
Inter-Occan Securities Corp., 4% pfd. (s-a)_

—

683/ic

9-

25c

/

5%%

Emerson

Falls

I

50c

(quar.)_

pref.

(quar.)
4'/2 % convertible preferred (quar.)
Gold & Stock Telegraph Co. (quar.)

S-21

'

Extra

Alden

10-

2%c

Ltd.—
Bank Group Shares
(s-a)
Insurance Exchange Building

9-16

1

,

9- 6

9-22

-

Institutional Shares,

11-23

9-29

11-

.

25c

Reduced

9-15

11-30

25c
15c

$1.25

Inspiration Consolidated Copper Co.—

9-15
Yn

9-30

Payable of Rec.

Share

of Company

50c

Coal Co

10-

10-

15c

1

•

25c

9-15

1

10-

(quar.)___

Safety Razor Co., $5
Harvester (quar.)__

20c

:

Products

10-

$1.50

$1.12%

Extra

(Seattle) —

___

(S. A.)

Refrigerator Co.

9-30

10-

$1.50

$1.25

preferred (quar.)
(quar.).
Co., 4'/a%
pfd. (quar.)__
Co., 5% preferred (s-a)

Products

Name

Holders

When

Per

Payable of Rec.

Share

•

$5

preferred

10-

$2.75

(lrreg.)

Co.

Consolidated

Quarterly
Electrical

9-10

75c

Co.,

Ejpctric Ferries, 6% prior preferred (quar.)
aectrical

v

50C

Auto-Lite
Boat

1

9-30

10-

$1.12%

of Company

Power

Georgia

(Texas)

Natural

Electric

Name

Payable of Rec.

Holders

When

Per

Holders

When

Per

Name of Company

Monday, September 19, 1949

FINANCIAL CHRONICLE

COMMERCIAL &

THE

(1126)

com.

pfd.

50c

_

(accum.)___

common

(quar.)_

9-28

$3
!

50c

10-

]

9- 7

1

(quar.):

—

_™___

1

A

9rl9

$1.06%

10-

1

9-19

George Putnam Fund—See Putnam (George)




preferred

5%

9-15

io-

conv;

.r-'

'."J

preferred

(new

9-30
9-30

$$1.25

(quar.)__'_l—

(quar.)_

9-30

9-

—

initial)—:.—

•

•

9-30

$15c

Lindsay Light & Chemical Co.—

1

9-1 '
*

9-

9-

7%

1

Lipton

1
i

50c
4 %

.

Machine & Tool, Ltd.—
participating- class A .(quarj^i-i.—_.Zl $12%c
preferred (quar.)
$$1
.

(John)

Co.,

Ltd

.

>10*1
10-

,

$ioc

;

1

10- 1

9-15-

(quar.)

(Thomas J.),

Original
}

RR.

Inc.,

Co.—

capital

.,

j!
6%

-

,

v

capital
Special guaranteed
Special guaranteed

^

"

-

-(9-19

9-10

37%c

10- 1

9-16

• ;r;

——

(quar.)
(quar.)_™

-

17V2C

.

(quar.).:

:

Original
i

,

—

pfd.

"

9-15

9-16

preferred

Little Miami

Ingersoll

;

Inglis
ft

preferred

5%

9-14

10-

40c

Y $37%c
$$1.06y4

,

4(4%

9-20

9-20

55c

(quar.) ™i~™

Industrial Acceptance Corp., Ltd." (common)l

—

>

$1.10
12-10
$1.10 3-10-50
f60c;
12-10
50c 3-10-50.

11-24
2-21
11-24
2-21

Volume 170

THE- 'COMMERCIAL

Number 4839

•

Name of Company

Share

■

i;

Lock Joint Pipe Co.—

v

r.

Common

(monthly)_
preferred (quar.)_„

;

,

'

1 V,'

-

—

,

Locke

Steel

Chain

(quar.)

—:

Morgan Engineering Co.—

*

Aircraft

Lorain

Coal &

Dock

1

5%

]■ preferred
preferred

4quar.)

5%

preferred

(quar.)

Lorillard

(P.)
Company, com.
preferred (quar.)
Los Angeles Biltmore Co.

(interim)
!

7%

Los

Angeles

Louisville

Transit

Motor

Finance,

$5

preferred

Mount

Diablo

Oil,

Mining

9-12

Gas

Common

5%

Electric

&

Co.

(W. M.)

Ludwig

Bauman & Co.
(quar.)
Lynh.Gas & Electric (quarj__
MacLeod-Cockshutt Gold Mines, Ltd.—
MacMillan

(H.

Class

A

Class

B

R.)

preferred

Magor

(quar.)

—

——

.

Car

Corporation (quar.)_
Corp., Ltd
:
Sugar Co.
(reduced).
——
Manitoba Sugar, 6%
preferred (accum.)

Manufacturers

Trust Co. (N. 7.)
(quar.)
Maraqaibo Oil Exploration Corp. (increased)
Marathon Company, 5% preferred (quar.)
Marchant Calculating Machine Co. (quar.)_
Marine Magnesium Products Corp. (irreg.)..
__

Irregular

:

..

Midland

Corp. (quar.)
:
Telegraph & Telephone Co., Ltd.—

Common

7%

^ 9-15

Market
$1

(quar.)

Basket,
preferred A

Marlin-Rockwell
Marshall-Wells

6%

iM.)

Marshall

Corp.
Co.,

preferred
&

Field

Oil

com.

10-

Breweries,

9-30

9-

Corp.,

10- 1
10- 1
10- 1
10-15
10-15
9-30
9-30
10 -3
10- 1
10-15

10-11

9-27

10-1
10-15
9-20
12-20
10- 3

;

9-30

9-201

Fire

Paper

(N.

Corp.

common

Ltd.,

common

Forming
&

dividend)

South

Utilities,

Steel

preferred
non-cum.

preferred—

Rubber

4Vi %

preferred

Si Hart,

Common-

Pressure

National

Radiator

A

9-16'

National

Rubber Machinery Co.

9-15

National

Stamping,

Extra

Mohawk

Rubber

5%

Mojud Hosiery Co.,
Molson's

Ltd.

Brewery,

Molybdenum Corp. of America

9-16

9- 2

1

10-

3%%

9-20

9-19

Common

7%

9-15*

9-16
9-16
9-20

10-

3

9-19
9-19
9-15
9-15

10- 1
10- 1

9-12

York

1

9-20

Pittsfield

9-23

9-13

Pittston

Plough,

Paper

"9-10

9-28

9-12

9-

9

9-20
9-

10-

' 40c
$1
56 %c
$1.18%.

$1.50

$1.12Vi
93%c
■. $1
50c
93%c
$1.06%
$40c

convertible

$2

6

A.

11-17

•

of

Corp.—

10-

1
1

6%

9-16

10-15

Gas

Co.

2

convertible
Paper

6%

9-20
10-

Natural

Northern

9-20

9-30

Public

99-

9

preferred

9-16

4%

1

9-15

10-

1

9-15

10-

1

9-16

9-30

8-30

Public

3%%

preferred

9-20

7%

9-20

9-30

9-

9-30

9-20

1

9-

1

8-31

9-20

8-31

9-30

99-

6

9-20

9-

6

'i

10-

3

5%

9-12

9-30
10-1

Nutrine

9-15

10-

1

12-15

93%c

10- 1

1

9-15

10-1

9-15

9-30

S-15

10-

Class

10-1

9-11

Reed

Match

Ohio

Public

3.90%
10-

Ohio

Co.,

9-

9-21

Old Line

Life

Insurance

Quarterly

12Vic

10-

1

10-

9-15

10-

9-15

10-

8-25

10- 1

9-21'

87'/2c

10-

1

9-15

Olin

Monroe

Industries,

Reeves

$1.60

8

9-

9-

8
9

Reliance

1

$3.25

Chemical

9-20

8-31

9-26

9-12

10- 1

9-15

6%

preferred

conv.

Utilities

(quar.)

preferred

$4.20
Montreal

Locomotive

Montreal

Telegraph

Moore

Corp., Ltd.,

4%

redeemable

7%

preferred
preferred

Moore

B

11-10

1

9-15

10-

9-30

9-26

Ontario Steel

10-15
10-

9-19

1
v

9-15

1

8-31

7%

9-30

Otis

Ottawa Light,

10-

1

8-31

10-

1

8-31

Common

10-

1

8-31

5%

Dry Goods (quar.)

15c
59%c

,

.. .

50c

Debenture

Co.

Products Co., Ltd.,

preferred

Elevator

$25c

(quar.)__

&

$4.50

10-1

9-15

10* 4^

9-15

10-

IT

9-24

$1.50

9-

$25c

10- 2

(quar.)

$1.50

Investors,

preference
Coast

1

(quar.)

Aggregates

.1—

6

9-20

10-

1

9-15.-

.

:'t$t

$1.44%

common

:i;4oc

l6i$L

9-15^

10-. 1 rl

9-15

9-30jji

9-

1

35c

9-30

9-

1.

50c

—

9-23

9-

9

9-23

9-

9

50c

$1.75

10-

1

•<

9-20

2%%

9-30

8-31

$1.18%

9-15

8-31

$1.25

10-15

25C

$1.25

9-30

10-

1

9-23
9-15
9-

9'

15c

10-20

9-30

$1.75

10-10

9-12

$1.50

11-30

(Boston)

11-

1

$2c

10-

1

9-

9

87 %c

10-

1

9-12
9-

2

9-

9

10-

1

50c

10-

1

50c

—

10-13

9-22

9-15

93 %c
'

$1.25

10-

1

$1.18%

(quar.)

10-

1

8-29

20c

A

(quar.)

—

1

9-15

11-

1

10-14

50c

11-

1

10-21

11-

25c

——t

Inc.

25c

Corp.

9-23
9-23

10-

3

9-

6*

Ltd.
$400

(quar.)

preferred

12- 1

11-15

40c

pfd.'.(quar.)—

10-

1

9-23

87 %c

(quar.)

3%%

Co.,

10-21

stockholders

to

(quar.)

Mills,

1

9-30

9-30

(irreg.)

(subject

10-

$1.25

Rand,

10-

1

9-

8

25c

(quar.)

preferred

Textiles, Inc., class A

(quar.)

1

9- 9

10-

1

9-

$15c

common

10-

$1.12%

10-

1

9-10

$27c

Inc.,

11-15

preferred

10-

1

9-15

10-

1

9-15

9

Petroleum Co.

Republic

10-14

15c

Pictures Corp.—
preferred

convertible

Extra

9-15

10-1

9-

9-20

5%%
10-

1

9-14

10-

1

9-14

37%c

10-

H5c

.

9-26

9-12

10-

1

9-

10-

3

9-

25c

10-

3

9-

9

$1.50

10-

1

9-

9

9

9

10c

Co.,

convertible

common

preferred

(quar.)^^

Reynolds (R. J.) Tobacco, 3.60% pfd. (quar.)
4.50%
preferred (quar.)——
—

10- X

9-15

25c

10-

1

9-21*

$1.37%

Bros

10-

1

9-21*

90c

10-

1

9-10

$1.12%

10-

1

9-10

$1.75

10-

1

5-15

$1.75

10-1

0-15

i-ysi

Rlce-Stix,

"

8c

.

Metals

10-15

25c

—

&

Reynolds

10-15

1

25C

(accum.)

convertible prior preferred A (quar.)—

Reymer

7

1

11-

12 %C

(quar.)

Republic Steel Corp., common (quar.)
6%

11-

15c

(quar.)

B

9-15

10-

$$1.25

,

Inc.—

9-

$1.31%

(quar.)

Republic

10-14

$$1.75
$1.12%
$1.50

(quar.)

—

9-14

1

9-26

3

n

1—

Coventry Ltd.,
Class A (quar.)

$1

$50c

common—

(quar.)—,

.

8-31

Renold

6%

9

11-15

$$1.25

(quar.).

pfd. (quar.)

pfd.

10-

9-15

50c

L

Republic Investors Fund, Inc.
6% preferred A (quar.)

9-20

Heat & Power Co., Ltd.—

(quar.)

preferred

Pacific-American

Pacific

6%

Mfg.

Renfrew
•*'

9- 9

9-30

(quar.)

Co.,

...

10-

—

Stores

Remington

9-20

9-30

(quar.)——————

Oswego Falls Corp., 4'%%

t$1.75
t$1.75

(quar.)

(quar.)
(quar.)




Loan

30c

9-20
,

9-28

9-16

$1

'

10-

$75c

(quar.)

Ontario

9-15

1

t50c

—

Forging Co., common
conv.
preferred
(quar.)

(William R.)

1

10-

t40c

Ltd

Co

common
preferred

A

——

Works,

.12-

$1.05

(quar.)

com.

Drop

4*4%
Moore

Co.,

-20o

;$1.62%*»-

A *(s-a)—

pref.

Montana-Dakota

1

10-15

$5c

9

9-

10c

Beauty Supply Co., Ltd.—
Participating convertible preferred

Co.,

10-

;i%C.
$15c

.

9-15

10-

Ontario
Monsanto

11-10

V.)—

(quar.)
voting (quar.)

Fund

non-cum.

Reliable

9-

——

(quar.)

1

$1
(i\.

(quar.)

Co.

Knitting

Regent

9-24

(quar.)—

preferred A

4%

12-

25c

Bit

Bros.,

9-30

20C

—

Inc., common

Omar,

9-14

56 Vac

(quar.)

America-

;

9-15

62 Vie

of

7

1

25C

dividend)

dividend

9-24

37'/2C

(quar.)
Co.

9-

10-

Mexico—

approval)

6

9- 6

9-2

Co.f

7

9-30

B

Stock

7

28c
97V2C

(quar.)—

common

(quar.).———

Service

Water

9-

25c

(quar.)

Service

9-

45c

Inc.

Stores,

Roller

50c
$1.10

CO

preferred

9-30

10-

60c

preferred
(quar.)
(C. A.)-Company, class

$1-25

—_—

9-15

1

10-

$25c
$1.25

(quar.)—
—

Ohio

9-23

22 %c

—

preferred A (quar.)
Corporation, common

Class

9-21

$25c
10c

common:..'

preferred

4.40%

-

10-

5c

B

9-30

(quar.)

preferred A

Reed

Co,*_i_w———----

Ohio Edison CO,,

9-20'

(stock

(George)

OM

Reece

9-21

35c

5

—

Co

Mills. Lid., common
Ohio Brass Co., class A

11-15

10-3

Oil

Ogilvie Flour

9-15

$50c
$25c
20c

.

Candy

Oceanic

9-19

9-10

9-15

$1.50

Oats Co., common
preferred
(quar.)

4%%
5%

Quarterly •*.-A
Nova Scotia Light & Power, Ltd.
(quar.)—

1

Quaker

Red

Northwestern States Portland

9-23

9-26

iquar.)

Rayonier, Inc., $2 preferred (quar.)
Reading Co., 4% 2nd preferred (quar.)
Real Silk Hosiery Mills, Inc.

:

9-15

9-26

preferred (quar.)
Industries, Inc.—

preferred

6%

2

9-20

1

9-15

1

Quebec Manitou Mines
Radio Corp; of America—
$3.50 convertible 1st preferred
(quar.)„
Ralston Purina Co., 3%% pfd. (quar.)

9-15

9-26

10-

9-

9-27

1

Puget Sound Pulp & Timber Co. (reduced).
Oil Co.,. 5%
preferred Iquar.)

10- 3

9-20

50c
$1.50

—

—

2*

9-25

1

common

common

prior preferred

$5

9

45c

(quar.)

(quar.)^
Cement—

9-15

1

10-

Oklahoma—

non-voting

Common

$4.75

9-21

1

22V2C

CO:

9-16

10-

10-

original

Publicker

2

9-

(quar.)

Co.,

Common

9-12

10-

$1.37Vi
$1.50

Co

Leather

of

Co.

preference

Publication

1

9-20

Northwestern

9-16

i

div.

9-30

30c

9-19

9-10

9-30

$1

(quar.)

Putnam

com._

9-19

9-10

9-23

—

Bank & Trust Co.

of New

9-30

pfd; (quar.)—;—*

1

9-10

1

'

9-15

1

1

4

10-

10c

preferred A (quar.)
Mines, Ltd. (quar.)_

Co.

Service

$1.40

9-15

10-

10-

10-

62 %c

(quar.)

common

preferred (quar.)
preferred
(initial)
Service Electric & Gas,

Public

9-26

10-

9-15,

—

pid.

6%

4.65%

1

■;/%,'

1

(quar.)_

5%

preferred

1

10-15

(quar.)

10-

25c

4%%

Dome

Service

1

10-

9-20

75c

America

of

National

10-

10- 1

common.

Power,

Steel Car,

10-

'

1

—

(quar.)
pfd.

preferred

Metals

10-

1

10-

50c

preferred
(quar.)
Lambert, Inc

5%%

9-15
10-

10-15

5c

Quarterly

9

15c

preference

Gas

Mills,

$1
53 %c

—

Company,

Electric

&

1

11-

Co.,

9-15

1

Sulphite & Paper Co.—

K.)

(H.

10-

40c
$8%c

Northland Greyhound Lines—

5

9-2

10- 1

(quar.)—

Service

1

15c

Prqyidence Washington Ins. Co.

,

—

Co.

10-

10-

—

Pure

(quar.)_:

Oil, Ltd.* 7%

Indiana

4V2%

9-20

9-

Corp.—

Refractories

American
Shore

9-15

62 %c

Proprietary Mines. Ltd
Prospect Hill Apartments—
$4.50 preferred (accum.)

9-6

10-

.——

(accum.).:

1

—

(quar.)

Preston East

dividend (One share
Coal Co.
common

Investment

preferred

North -Star

9-14

3
3

1

10-

50c

•;

Co

non-cum.

Pressed

br

10-

10-

1

9-

$1

(quar.)

'

9- 7

1

25c

preferred (accum.)———————

North

10- 2

6

9-15

50c

held):

common

American

North

10- IT

10-

9

9-

1

9-30

9

9-

9-30

25c

(quar.)
Oil Co. (quar.)

Pressed

10 shares of North Amer¬

9-16

1

9-

9-30

9-20
12-

9-30

Puget Sound Power & Light—

——«

liquidating

9-16
'

9-16

1

r

Co

1

(quar.)

Company

3.60%

West ' Kentucky

5%%

9

25c
$10c
6c

(quar.)—^

preferred

American

Partial-

30c
40c

(quar.)—

Car

10-

1-3-50

30c

$1.75

Gas

Mining

Public

Industries,

American

North

6

9-

-

File Co.

Noblitt-Sparks

9-20

Inc.

Public

9-30

*

9-12

10-

$1
50c

(quar.)————
—
3.75%
preferred .(quar.)
—
New York Trust Co. (quar.)————_—
Newberry (j. J.)
Company (quar.)
Newport Eleetirh: Corp-., 3%% pfd. (quar.) _
Newport industries, .41/4% preferred (quar.)_
Niagara Wire Weaving Co., Ltd. (quar.)—

10-

Coal

Huron

Pratt

$1.12%

$4.50 preferred

9-12

10-

Electric & Gas—

State

1

$1.75

9-30

17Vic
25c,
$12c

(quar.)—
New Brunswick Telephone Co., Ltd.
(quar.)
New England Gas & Electric Association—
4Vi% convertible preferred (quar.)
New England Telephone & Telegraph—
New Hampshire Fire Insurance (quar.)-*.—New Haven Gas Light (quar.)
—
.—
New Jersey'Tower & Light 4% pfd. (quar.)
New Orleans Public Service, Inc., common—
4%% preferred (quar.)—
New York, Chicago & St. Louis RR. Co.—
6%
preferred A
(accum.)—

9-15

1

10-

Glass

10-15

Nekoosa-Edwards

_

——

—

1

9-

(quar.)
Co

Plate

Potomac

(quar.)

(quar.)

Co.

Insurance

9-

(quar.)

preferred

Pittsburgh

9-16

Corporation

.

9-15

93 %c

Inc., $4 preferred (quar.)
Inc., 4%% pfd. (quar.)_

9-30

(quar.)_

9-26

3

preferred Class A (quar.)

9-15

10-

9-22

3

Pittsburgh, Bessemer & Lake Erie RR. (s-a)
Pittsburgh, Ft. Wayne & Chicago Ry.—

9-29

9-12

1

Corporation

Pitney-Bowes,

25c
30c
50c

9-12

1

3

10-

& Reading

Pillsbury Mills,

9-20

2

25c

Philco

.

9-

10-

(quar.)

9

9-15

9-21

$1

2

.

10-

8

9.

1

10-

$1

9-

11-1

10-

10-

(quar.)—

9-

10-14

20c

9-15

10-14

$1.12%

2

1

1

25c

Coal & Iron Co
Philadelphia Suburban Transportation Co.—
5%
preferred (quar.)

9-30

10-

$1.50

12-

1-1-50

1

2nd preferred
(quar.)
2nd preferred (quar.)

preference

Philadelphia

1

10-

(quar.)

Electric Co.,. common

Philadelphia

Portland Woolen Mills, Inc.,

Nehi

15c
20c
56 %c

(quar.)

1

1st

non-cum.

9-15

6

37Vic
25c
5c

Auto Equipment Co.—
preferred
(quar.)
Monroe Chemical Co., $3.50 pfd- fauar.)

$4 non-cum.

1

9-

Northern

5%

$4

9-15

Porter

10-

$25c

9-15

1

9-9

$2

$25c

$4.50

1

9-26

9-

(quar.)

9-15

35c

Fire

Union

9-15

10-

25%

Dairy Products Co.
preferred :quar.)

4%

National

9-15

50c

$1.25

$1.25

Philadelphia Co., $6 preferred
$5 preferred I quar.)

Common

0-12

Extra

5

4

1

62Vic

5

12-

4

37 %c

(quar.)

12-

11-

6

1

(stock dividend)

Brewing Co.

11-

20c

pfd.

12-15

12-15

Pfeiffer

11-15

1

25c

10-19

11-15

10-

.—,

10-29

47Vic

9-

9-10

10-

25c

53Vic

preferred

9-10

1

—

9-15

conv.

4%%

1

10-

:7A\

10-

(quar.)

(quar.)

10-

$1.12%

Port

Co.,

9-10

(quar.)

9-19

Tea

9-14

1

52c

(quar.)

Company

1

preferred

9-14

1

10-

$1.50

(quar.)'

common

preferred

10-

Northern

Co.—

4%%

Polaris

10-

—

9-17

Plymouth

3.8%

1

10-

50c

Peoples Gas, Light & Coke Co
Perfect
Circle
Corp;
(quar.)

9-19

56V4C

(quar.)

9

1

Inc.

Petroleum Corp.
—
1L.

9-

10-

8-31

10-

(quar.)

9-15

$25c

Mohawk

1

10-

ican

Ltd—————
Modern Containers, Ltd., class A (quar.)_—

10-

Inc.

1

North

(Robert),

Peoples

10-

stock for each

Extra

9

10-

10- 1
10- 1
11-30

$125
15c
15c
45c
t$l

9-

15c

10-1

,

1

Stores,

...

8

$1.15

—

10-

♦

5% pfd. (quar.)Mission Appliance Corp.
(quar.)
Mississippi Glass,
4%
preferred (quar.)—
Mississippi River Fuel Corp. (quar.)
Mitchell (J. S.) Co.. Ltd
—

(quar.)

10-

10-1

9-

30c

common.

9

9-30

1

$1.12%

Co.,

9-

10-15

10-

2- 3

2-15-50

40c

preferred

Drug

11- 5

$1.25

& Light

Power

$2.10

25c
I2V2C

30c

(quar.)

9-12

5

21*, 3

11-15

Corp.—

9-15

11- 4

10-

Glass Sand

11-

2-15-50

33c

preferred
(quar.)
Pennsylvania Water & Power Co., common—
$5
preferred
(quar.)
—
:

10-

9-15
12-15

25c

9-15

-

97Vic
$1.08%
$1.12 Vi

(quar.)

9-22

1

11-15

33c

10-

—

North

(quar.)

10-31

10-

1-1-50

(quar.)

10-15

9-15

2

9-16

25C

preferred, (quae.)

$37V2C
National Sugar Refining Co.—
50c
National Supply Co. (Pa.) common (quar,)_
40c
4V2%,_ preferred
(quar.)—:———$1.12V2

9-20

9-

9-26

50c

National

9-15

1

9-23

-

8

62 %C

Go—

(J. C.)

9-

National

9-

62 %C

10-14

f

9-16
10-

50c

—

iqiiar.j

4.

9- 9
9

1

9-27
10-15

20c

(quar.)

Co.

4.60%
preferred
(quar.)
Pennsylvania Telephone Corp.-r

9-15

11-15

Inc.

10-

pfd. (s-a)_—
Standard
Co.
(quar.)————
Steel Car, Ltd. (quar.)
6%

10-

preferred (quar.)
preferred (quar.)
preferred (quar.)
cum.
preferred (quar.)

4% %'

7

1

—

(quar.)

Co.

9-10

Company, common——.——
convertible preferred
(quar.) _____•

Mitchell

Cooker

$1

1

9*

9-15

30c

cum:

Pennsylvania

quar.)_

(reduced

National

9-26

60C

Minnesota Power & Light,

:

9-20
9-26

1

$1

15c

5%

10-

(quar.)_

$1.12Vz
$1.25

4%% preferred (quar.)
———
preferred, (quar.)
—I.
National Motor Bearing Co.
(quar.)

-

9-20-

10-1

•10-

9-

5%

9-15

9-28

10-

(quar.)—

com.

9-20

Miller-Wohl

Vi %

Service Corp.,

9-16

prior preferred (quar.)
Miller Manufacturing Co., common

4

6%

9-20
9-30
9-30

50c

9-27

10-

25c
T $1.50

—

10- 1

ft

Class

Co., com. (quar.)
preferred B (quar.)

10c
$1.75
15c

—r—-—-—-

Reclaiming—

9-15

10-

Inc.—
Nopco Chemical Co.^^.——————"
Normetal Mining Corp., Ltd
—
North
American
Acceptance, class A.

v

9-28

$30c

Lead

Nicholson

_

Pennsylvania

11-23

10-

'■

B

National Linen

27 %c

(quar.)

common

9-30

12-12

1

(quar.)

9-10

—

Penney

10-15

$15c
$15c

9-

$45c

cum.

$1.32

$1

9-10

(initial)

Inc.

Products,
(quar.)'

A

Class

9-20

—

9-28

—

$1.32

9-30

50c

62Vic

.

12-15

tl5c
$37Vic
25c

—

lb 1
10-1

Corp.,

12-28
10-15

10-

—

9-12

Corp.

Thermit

(quar.)

9-30

10-10

cum.

Philadelphia

t50c
t$1.12%

(quar.)
7% pfd. (quar.).
Metropolitan Brick (quar.)—^—
Metropolitan Building (quar.) —
Metropolitan Edison, 3.90% pfd. (quar.)—
4.35% preferred (quar.)_—
Michaels Stern & Co.* preferred (quar.)—
Mickelberry's Food Products
$2.40 conv. preferred (called for redemp¬
tion on Oct.
1
at $45 per share plus

,

Class

.

New

—

9-15

Co.

—

Y.)

.

Conn,

(s-a)

10-14

25c

—

(quar.)

$1

Pfaudler

Grocers Co., Ltd., common
preference (quar.)
National Gypsum Co._^i__^—
National Hosiery Mills, Ltd.
Class A (quar.)

9-19

11-15
10-1

5c 1

preferred

2nd

Insurance

9-15

$1.50

(quar.)

Common

9

9-28

2c
$2.50
$1.50

9-30

(quar.).*^

Common

,,

9-22

Pet Milk Co.,

—

9-19

$1.75

Line

Pipe

Pictures,

9-

$1

$1.50

12-10'

10-15
10- 1
10- 1
10- 1

—30c
(quar.)—-—
37Vic

—;

Co.,

Metal

-

Hartford,

'9-10'

9-24

15c

1

50c

—

—

National

,9-30

$1
25c
$1.06%

preferred (quar.—
Machine Co

Metal

Miller

9-15

9-26
9-30
9-30
10- 1
12- 1
9-30
9-30
10- 1
9-30

—

Assurance

Fire

National

(quar.)_

(quar.)
Register Co

non-cum.

National

9-20

12c
50c
$1.75
12Vic
43%c
62Vic
50c
87c
25c

——————

$2

3%

9-20

lc

—

Midwest

9-15
9-15

Fund—

Co

(quar.)„

common

(drreg.)

Transportation
Telephone

9-30

National

-■

10-1
10- 1
10- 1
10-1
10- 1
9-30
9-28
>
9-28
10-4
10- 1

20c
75c
25c
t$1.25

Ltd.,

(irreg.)

$4

9-30

25c
$1
$1.50
$1.50
40c

$1.06%

9-20

10-

$44o

Inc. (Del.)
(quar.)

preferred
Cash

10- 1

9-20

9-28

Peninsular

15c
30c
25c
40c
J50c

Co., Inc. (Md.)__
(quar.)

City Lines—
preferred Class A (quar.)__—:
Electric Welding Machine Co.—
Quarterly
National Erie Corp., 5%
1st pfd. (s-a)

0-7

(quar.)_

—......i

Co.

Parmelee

National

9-20

9-20

$3-50 preferred (quar.)-—'
87Vic
$4 conv. 2nd preferred (quar.)—•»
;
,
"K»'\ .^$1*?
Meredith Publishing Co. (quar.)--——^.——1
25c
Mergenthaler Lintoype- Co. (quar.)—
75c
Extra
a
$3

8%

7%

National

9-20

common-

___

Midland

9

9-20

(quar.)

Co.

Corp.

Hess,

Biscuit

(quar.)

Extra

Middle

Bellas

National

;

Quarterly
Merck & Company,

Vthis

A)uminate

&

Merchants

■

National

Paramount

9-14
9-12

Common

Corp.

Securities

National

10-15
10-1

Robbins, Inc.,
(quar.)
1
McQuay-Norris Mfg. Co., common
4'%% preferred
(quar.)
Mead Johnson & Co.
(quar.)

Mesta

9-15*

L

10-15

preferred

4%%

Nash-Kelvinator

National

...

Investors Second

Machine

Mersey

Nachman

9-16

9

5% pfd. (quar.)
McClatchy Newspapers, 7% pfd. (quar.)_—
McCord Corporation, $2.50 preferred (quar.)
McCjrory Stores Corp., common (quar.)
$3,50 'convertible preferred (quar.)
—

$4

9-20

9-29.,

9

McAleer Manufacturing Co.,

McKesson

Brother

E.) &
Corp.

9-30^

J20c

&

Mathieson Chemical

McKay

(F.

Myers

9-16

9-22

12c
75c
25c
35c

(quar.)

A

9-

common

(quer.)
Sons (quar.)

preferred

9-15

10-15

preferred

preferred

9-30

$1.50
$1.50
4c
37Vic

(quar.)_^___

9-

Quarterly
7%

4.8%

4%

$1

(reduced)

(quar.)

9-30
9-30

_

Co

Massachusetts

9-15

1~

3

Inc., common
6%
preferred (quar.)
Mutual Telephone Co. (Hawaii) —

9-30

10-

10-

System,

National

Co., 4V4% pfd. (quar.)...
Martel Mills Corp., common (quar.)
6%
preferred
(quar.)
;
Martin-Parry Corp.
(irreg.)
——
Marven's, Ltd., 5% preferred (quar.)
Mascot

6%
Mutual

1

9-15

10-15

Ltd.

!
preferredi (quar.)1
Companies, Inc., common

4%

1

$1.12%

—

—

Paraffine

America—

of

Tubes,

10-

25c

(quar.)

(quar.)

(quar.)
Co..

Holder*

Payable of Rec.

50c

»

Telegraph Co., common

Car

Motor

Panhandle Eastern

9-15

10-

$1.183/4
J20c
40c
50c
50c
15c

„

Co

Co.

preferred
preferred

9-30

-

10-15

Mfg.

Chemical

Mutual

9-30

10-15

Ohio

Muskegon Piston Ring Co.

117Vic
20c

—

(quar.)
Inc. (Calif.),

.

6

—

:

preferred

Marsh

Murray

9-30

25c
25c
50c
20c
33%c
25c
J25c
80c
153
60c
20c
d$1.25
50c
l%c
7c
10c

—

—

Manati

Marine

9-12

tlOc

Mailman

Maritime

9-12

3

9-

;

Publications, Inc., common.
$1.50
participating preferred.
Macy (R. H.) & Company, Inc.
Mading Drug Stores, common (quar.)
55c

3

112Vic
112Vic

.___

9-16

25c

10-

:

Macfadden

11-10

9-30

preferred:

Page-Hersey

(quar.)

10-

Export Co., Ltd.—

(quar.)

Co.

Murphy (G. C.) Co.,, 4%% pfd. (quar.)
Murphy Paint Co., Ltd.
Murray Corp. of America, common • (quar.)
4% preferred (quar.)

Nation-Wide

(quar.)

Extra

Manufacturing

3-20

J5C

11-10

Co

12-20

9-21

Resumed

11-30

•6%

Co.

Service

Public

Packard

Development

1-1-50

$1.06
125c
25c
$1.25

(quar.)

Co., Ltd.

9-20'

1

(quar.)__

Si

4-1-50

45c
$1.25
31 Vic

(quar.)_

$1.25

9-12

25c

Brass

(Ky.) —
—

9-24

9-29

(quar.)

Mueller

6%

5% preferred ($25 par)
(quar.)
Lowenstein (M.) & Sons, Inc.
4%%, preferred series A (quar.)
Lowney

Co,

60c

(quar.)

preferred

,

10-1

9-10

9-30

$1.75

lc

preferred

9-13

12Vic

(quar.)

Lines

7%

9-16

10-

Pacific

11-30

9-19
9-19'

9-30

62%C.

9-16

Pacific Telephone &

Consolidated, Inc.—.
(quar.)
2L—

Mullins

62Vic
T 62%c
25c
$1.75

9-19

Morrison Cafeterias

.

(quar.)

5%

1

9-30

10-

62Vic
59%c

(quar.V
$4.50 pfd

Indemnity Co.
Pacific Lighting Corp.,

*

.

9-30

—

1

12-23

Pacific

Mills,

Paper

When

Per
Share

Name of Company

Payable of Rec.

Share

\

v

preferred (quar.) ____________
4% %'preferred (quar.)

$2.50''prior
Morris

9-30

50c
Loew's, Inc. (quar.)
37Vic
Loew's (Marcus)
Theatres, Ltd. (quar.)
T
t$l
Lone Star Cement Corp. (quar.)
;——87%c
Corp

9-20
8-21

1

10Lockheed

T

51

(1127)

Holders

When

Per

Name of Comvany

Payable of Rec.

$2 / 9-30
10- 1
$2
' 82i 1-2-50
10- 1
40c

__

* preferred

8

Holders

When

Per

''T
•

CHRONICLE

FINANCIAL

&

I

9-21

•

9-15
9- 7

Inc.—

;

r

preferred (quar.)_—
7% 2nd preferred (quar.)
7%

1st

r,

<

52

THE

(1128)
When

Per
Name of Company

(resumed)

50c

(quar.)

$50c

Robertson

(P.

L.)

preferred

Robinson

Cotton

preferred

of

Rock

Rockwood

5%

&

5%
Roeser

9-12*

10-

1

10-

1

Inc.

Rothmoor

1

Class

7%

A

11-

tlOc

Russell

Russell
1%
Bt.

——

'

'•T:

25C
15c

K 10-

Partic.

10-15

9-30

Starrett

9-30

10-15

10-

5

10-

5

Stecher-Traung Lithograph
6%
preferred (quar.)
5%
preferred (quar.)

5c

9-28

9-

7

Stedman

9-26

Company—

10-

30c

l

Steel

9-

9

9-

9

12-15

12- 1

$1.10

10- 1

9- 2

25c

10-1

30c

„

10-

Studebaker

Struthers

——-w-—."

;

10-

1

9

11-15

$$1.07

9-16
9-

11-

5%

9-16

10-1

$1.25

Quarterly

■———~

San

(quar.)

Diego Gas <fe Electric, com
4V2% preferred (quar.)—.

(quar.)

1

20c

10-15

$4.50

Arabian

'.9-30

10-15

9-30

& Company,

4%%

gy2%
Scott

Co.,

Paper

1

9-17

15c

Ltd.,
(quar.)

10-31

9-23

(quar.)————
pfd. A (quar.)
(quar.)——
—
(quar.)———————
(quar.),
.
$3.40 pfd. (quar.)— —;—

10-

1

$1.18%

10-

1

11-

1

2-1-50
5-1-50

4-18

27'/2c

8-1-50

Line

Air

Common

12-

9-

15c

10-

(Irreg.)

6%

series A

5%

——

non-cum

Finance

convertible

$2.60

Co.,

Gas

preferred

5%
preferred A
Security Banknote

9-15
9-15

1

9-10

10-

Co.,

3iy4C

10-

1

10-

Selected

1

9-29

10c

10-1
1

9-20

11.12 %

10-

1

9-12^.

Company,

(quar.)——_

10c

10-

1

9-15

10c

10-

1

9-15

40c

10-

1

Shamrock

Oil

Steel

Bhattuck

4%

&

Gas

(quar.)

——

—

50c

Corp,—,,
:

Sherwin-Williams Co.
Common

of

v

Seattle

Silverwood

w

Western

class

Dairies,

A

Common

$25c

9-30

8-30

$1.50

9-30

9-20

115c

107

Smith

(A.

(H.)

:

Corporation

11-15

10-15 '

11-

10-10

$53c

10-15

(quar.)——_

Ltd.,

___

_

-

/

9-20
12-20

11-

10-

Carolina

10-20

9-30

10-15

9-30

10-15

9-30

Electric

preferred

Porto

&

(s-a)

Gas,

Rico

(quar.)

Southern

&

Southern

California

Bag &

Atlantic

Canada

&

St

System,

9

10-

1

9-

9

6%

10-

1

*9-15

Ward

10-

4

9-16

10-

1

8-17

1

9-

10-1

9-

10-15

10-

10-

1

9-

8:

9f
5
2*

10-

1

9-17

10-1

9-17

10-

1

9-12

11- 1

,

10-15

10-

1

9-15

1-3-50

3-15

6-26-50
-

6-15

10-10
1

10-

1

9-16

10-

<^iy4c

1

Indiana

preferred

Gas

10>

3

9-21

•TO-

3

j 9-21

10-

1

9-20

1

9-20

1

4%

9-12

9-20
10-

*15c
35c

9-

9-27

9

9-

1

1

9-15

15c

10-

1

$1.75

10-

1

9-15

tlOc

10-

3

9-15

10-

1

Y.)

1

9-15

(quar.),,__

10-

1

5

10-15

3iy4c

1010-

5

10-

$1.50

1

9-16

11-15

11-10

50c

9-23

9-1

9-23

9-

1

10-1
10-15

10-

1

10-

1

9-20

10-

3

9-10

50c

:

$1

10-

1

9-

10-

2

9-15

9-22

9-12

9-22

$1.25

(quar.)

1

25c

(quar.)

10-1

$1

10-

85c

9-12
99-

1

9-30

6
6

9-20

30c

9-30

9-20

9-28

9-

8

9-28

9-

(s-a)

Co.,

25c

62'/a

c

10-1

9-20

10-

1

10-15

10-

$1

10-14

*9-8

50c

Electric Co.,

1

9-15

9-30

9-

5

Trust

9-30

11-15

$$1.50

10-15

9-20

5

U.

S.

37Vfec

40c

$1.25

9-30
11-

1

10-15

9-19

9-15

$6




$2

10-

1

9-15

(Rhode

Island)

(s-a)

Guaranty Co.

(Baltimore)

&

9-30
*

9

S.

Gypsum

(quar.)

(N.

9-30

9-15

10-10

9-20

10-

1

S.

-

50c

9-30

9-16

9-30

9-10

10-14

9-20

10-

8-10

—

$1

1

7-1T

75C

9-30

40c

9-15

9-20

35C

10-20

7y2c

10-

9-

9

10-10

1

9-15

75c

r

9-20

9-

7

25C

1

9-10

25C

(quar.)

1010-

1

9-20

37%c

10-

1

9-17

25c

10-

1

9-16

$1.27y2

,10-

1

9-16

7

25c

5

9-

.10-15

10-

i2y2C

10-

1

9-

8

9-

25c

10-

1

35c

10-

1

9-16

3iy4c

10-

1

" \ 9-15

,

15c

9-20

50c

10-

9-10
9-15

20c

9-30

9-15

50c

—.—

9-30

9-12

35c

(quar.)
Co., com.

1

10-

9-15

9-20'

IIV2C

(increased)

1

9-

5

45c

9-30

9-

$1.75

9-30

9-19

50c

9-23

9-

$1.12y2

10-15

—

common

9<

9-

(quar.)

$1.05

10-15

9-20'

preferred C

(quar.)

$1.02 y2

10-15

9-20'

(quar.)

Virginia

Pulp & Paper

Virginia

Water

$5

Service

25c

(quar.)

Western Casualty
Increased

$1.40

6%

7

$6

preferred

&j)urety Co.

1

9-15

10-

1

9-15

$1.50

10-

1

9-15

(quar.)

(Kan. City)
9-30

50C

(quar.)

40c

10-

9-20

1

9-20

$50c

9-15-

$35c

;

10-15
10-15

9-15

Insurance Securities Co.—
class

A

(accum.)__

preferred

Western
5%

9-

10-

quarterly

preferred

9-15

9-30

$1.25

Western Department Stores iquar.),__
Western Grocers, Ltd., class A (quar.)
Western

; 9-15

$1.12 y2

(quar.)

West Texas Utilities,

1

30c

(quar.)

preferred

1

10-

9-20'

Co.—

(increased)

preferred

10-

25C

Common

75c

11-

1

$1.50

10-

1

$1.25

11-15

11-

1

$1.25 2-15-50

(ouar.)

Pacific

2-

1

10-20
9-20

RR.

preferred

A

(quar.)

5%
preferred A (quar.)
Western Tablet & Stationery Corp,
5%
preferred (quar.t

Westmoreland,, Inc.

$1.25

(quar.)

10-

25c

Weston

(George), Ltd. (quar.)
Weyenberg Shoe Mfg. Co
Wheeling & Lake Erie Ry., common
4%
$5

prior lien
prior

1

9-15

,

10-1

9-15

$25c

1

9-

10-

1

9-15

75c

(quar.)

10-

25c

■

10-

1

9-16

9

$5

(quar.)

White

Paper

6%

preferred

Ltd.

10-

1

9-

9

10-

1

9-

9

10-

1

9-19

25c

9-

r10-15

10-

25c

&

4V2%

Lovett

10-

1

9-20

10-

1

9-20

>10-

1

$1.06%

Grocery Co.—
A

(quar.)_

10-

1

9-12

9-30

9-15

$1.50

Woodward

Co.

1

i

(quar.)_

56y4c

.10-

1

9-23

25c

;

10-

1

9-10

10-

1

9-10

10-31

10-17

(quar.)
Co.—

J

,

d$1.50

Iron

Co.

I2V2C

20-

6

9-21

Yankee

10-

1

9-21

Yates-American

9-30

9-21

Yolande

9-28

9-

8

9-23

9-

8

$40c

10-10

'

"

;•

25c

&

Towne
Fibre

Tile

Mines,

9-

1

1

9-20

11-

1

10-20

Ltd.___

$4c

Works

10-

$1.80

Co
Co

Machine

Co.

10c

(quar.)

(quar.)

•

;
•

10-

8-26

9-23

1

9-

9

:7 9-30

9-15

10-10

:

9-26

25c
7

1

9-30

25c

Mfg.

Corporation

9-20
10-

25c

Boiler

Mfg.

9-23

25C

(monthlvi

Metal

9-12

I

50c

Quarterly
Worthington Pump & Machinery Corp.—
Common <quajr.)
•'
Wrigley (William) common (monthly)

&

8-31

9-29

.

$1.25

5%

Wright-Hargreaves

9-14:

9-30

50c

& Lothrop
common—
preferred
(quar.)
Wool Combing Co. of
Canada, Ltd.—

9-30

$50c

(quar.)

Woodward

9-21

9-

15c

Oil

Woodley Petroleum Co..
Woods Manufacturing Co., Ltd.__

York

9-20

75c

Wisconsin Electric Power
6%
preferred
(quar.)

York

1

1

$25c

Extra

''

9

9 30

10-

$1.06 y4

(quar.)

(quar.)

preferred

10-15

30c

(quar.)

Company, $4.25 preferred
Wilson Line, Inc. (s-ai

Wiser

9-23

20c

&

Winn

9

$1

Co.

Co.
(quar.)
Corporation
(irreg.)
Oil
Corp
Wieboldt Stores, Inc., common
$4.25
preferred
(quar.)

Wilsil,

9-

$1.25

(quar.)

River

Wyatt

5c

10-

1

56%C

Corp., 4V2% nreferred (quar.)
Corrugating Co. (quar.)_^

10-

1

9-16

9-24

9-15

25c

V

7

9-15

8

$1

10-

1

9-15

10-

1

9-15

$1.75

(s-a)

10-21

1

Motor

Wichita

Yale

9-

9-16

1

10-

Whiting

8-10

9-30

1

11-

50c

prior preferred

Whitaker

9-21

<

(quar.),

Wheeling Steel Corp., common,.

1

9-30

10-

$1
$1.25

(quar.)

preferred

6

€0c

International Securities Corp.—
1st preferred (quar.)

preferred

4-17

'

preferred B

10-

$1.50

(quar.)

4y2%

5-1-50

8-1-50

preferred

10-

10-

1

9-15

&

Lines,

1-16

37y2c

(quar.

West

9-16

$1.75

7%preferred

10-17

37y2c

;—

0

1

2-1-50

37y2c

4*2%

9-15

9-30

$1.12 y2

Y.)

common

11-

8-31

4.10%

*

Co.,

9-

4.20%

$1.75

Extra

S.

Co.

20c

(quar.)

Co.

8-31

9-23

37y2C
—

<quar.)_._

$1.75

-

A

preferred

preferred

9-20

Co.__^-,-_,,___-____

West Penn Power Co.,

9-10

Foreign Securities Corp.—
1st

9-20

*

Electric

class A

Common

(quar.)

(quar.)

U.

U.

15c

I

50c

(quar.)

B

Guarantee

U.

$2.50

12y2c

preferred

30c

$1.25

Corp.

Gas

9-12

20c

(quar.)

common

preference

Class

preferred

2nd

$5

(s-a)

preferred

(quar.)

Co.,

S.

10-15

8-29*

9-

10-

15c

Corp.,

6

9-15

62 'Ac

•

Co.

Ohio

20c

Foil

U.

9-30

9-9

10- 3

50c

preferred

S.

3

Finishing Co.,

$4.50

com.,

&

convertible

7%

10-20

9-

prior

$7

Co.—

Stock

partic.

$4

U.

10-

55c

Fund,,

Storage

S. Fidelity
Quarterly

U. S.

5

27c

$1.20

(quar.)

Railway

U.

Ltd.—

Telephone Co

$75c

Participating

9-15

10-

Cold

Class

(quar.)

(quar.),,
&

4%

8

10c

S.

9-16

$1

(quar.)
Co.

U.

1

Company—

Wilson

$1.12*2

Co

Markets

Motor

Penn

7%

9-20

25c

Public

9-

10-

.

Inc.

West

9-15

11-1

25c

(quar.)

United New Jersey Railroad & Canal
United

9-20

9-20

$1.50

;—
—

Corp.

West

$2.50

10c

Co.

common

United National Corp.—
Non-cumulative partic.

9-30

Wesson Oil & Snowdrift,,

9-15

10-

9-15

8

20c

convertible

$4.50
1

8

9-

9-17

87'/2C

preferred (quar.)
Wellington Fund, Inc. (quar.)
Wentworth Mfg. Co. (extra)

9-10

10-

9-

9-27

'

9-10

9-30

9-20

68%c

Stockyards Co. of Omaha, Ltd.,^
Biscuit Co. of
America,
$4.50 preferred (quar.)—
United Fruit Co.
(extra)
United Fuel
Investments, Ltd.—
6 % class A preferred
(quar.)

Co.—

(quar.)

Southern Pacific Co.

5c

15c

7

1

Pictures, Inc.___,___—___
Cedar Falls & Northern RR

Weeden &

9-16

9-30

United

9-

1

10-

9-20

:

40c

—

Co.

Webster-Chicago

9-16

3iy4c

37y2c

Union

9-19

10-

—_

Weber Showcase & Fixture Co., 5% pfd. (quar.)

9-28

10-

$1.50

Co.,
(s-a)

1

$2.50

9-13

1

(quar.)
Knitting Mills (quar;)—,—,,.

Wayne

12-15

4-1-50

9-10

1

10-

Brothers

Waterloo,
Waukesha

10-

~

(quar.)

common

RR.

preferred

Warner

8
9

15c

1

10-

10-

(quar.)____

convertible preferred (quar.)
Baking Co., common (quar.j_____*
preferred (quar.)

9-

10-14

12-

}25c

5 '/2 %

9-

11-10

'

9

12-10

Disney Productions—

9-23
'

25c

(N.

Metal Mfg. Co.,
preferred (quar.)

Pacific

Walt

10-1

;

35c

9-

$1.25

(quar.)

-

Corp.

Rubber

Income

$30c

Power

Southern New England

O.

9-

02

United

10-

—

Paper

Telegraph
Edison

(quar.)
partic. preferred

«fc

Salle

9- 6

TO-

Common

M.

La

9-30

3iy4c

68 %c

common,

Co

participating preferred
preferred
(quar.)

Southern

1

50c

preferred

Illuminating

50c

Service

Original

4.8%

convertible

United

62y2c

(quar.)———

Sugar Co.,

Advance

Southern

10-

25c

9-17

—.

(quar.)

Public

Southern

6%

Cotton

Waldorf

j$Li2ya

—

(quar.)

V 9- 6

9-30

—__ ___

com.

(quar.)

Co.

preferred

Southern

Electric

Wabasso

9'

37y2c

Gas

8c

12y2C

(quar.)

preferred

•Southeastern

Wagner

9-15

137 y2C,

Union Carbide & Carbon Corp
Union
Investment
Co.

4 %

Iron

9-15

25c

Century-Fox Film Corp.—
(quar.)

Asbestos

Union

&

9-

(reduced)

(quar.)
Underwriters Trust Co.

Union

Mold

1

*

9-15

9-20

-

1

Corp., Ltd.—

United

•10-

1

■

Oil

3

9-30

25c

(quar.),,,

American Gold & Platinum

Penn

1

10-31

1

1

9-30

10c

prior preferred (quar.)
Detinning Co., common—
preferred
(quar.)__,—*—

10-

$i.06y4

(increased)
(Increased)

South

Union

12-10

40c

$50c

12%c

South

4.32%

9-10

t

(ouar.)

South

8%

3

10-

93%C

(quar.)

12-22

10-

3

20c

convertible

Vulcan

•

Stores Co.—

Manufacturing Co.

South

10-

$50c

(quar.),

common (reduced)
$1.25 convertible preferred Class A (quar.)

South

1

::V' 15C

com.

Corporation,

5y2 %

7

$3

^10-

$1.12V2

Quarterly
Udylite Corp.

$6

(quar.
Co.
(quar.)

preferred

conv.

5%

9-

9- 7

f 50c

10c

Boss

1

1

208

Iron

&

Paper Mills,

Sommers Drug
Bonotone

TO-

60c

O.)

Aircraft

50c

7

$30c

——

60c

nreferred

Solar

9-

10-

$$1.25

.

Quarterly
Quarterly
Smith

1 7

Ltd.—
—

4%

Co.

1-3-50

25c

$$1.25

West

(quar.).

(quar.)

Quarterly
Twentieth

9-16

5c

(quar.),*
Sinclair Oil Corp.
(quar.)
Slater (N.) Company, Ltd., common
$2.12 preferred (quar.)———
Steel

1

9-30

(quar.)—_

preferred

JSloss-Sheffield

5

9-14

Malting Co

Ltd.,

10-10

$15c
Silverwood
5%

(quar.),

Ltd.

preferred

10-1

,,

1

i\

25c

(quar.),

Company

35c

(quar.)

Brewing &

Dairies,

$20c

Finance

$$1.75

preferred (quar.)——
Churon Optical Co. (quar.)
Ltd.

1

Canada, Ltd.—

(quar.)

7%

Breweries,

10-

7°!r

10-

Corporation—

Vulcan

9-20

(quar.)

Treesweet Products Co., $1.25
pfd. (quar.),
Tri-Continental Corp., $6 pfd. (quar.),
Trinity Universal Insurance Co.

aiy4c

9-20

1

50c

9-20

Traders

of America—
—

9-

1

50c

Trane

(quar.)

1

10-

3iy4C

9-15

preferred

1010-

1

Axle

9-20

Inc.

(quar.)

25c

Tailors,

1

(quar.)

Bakers,

(quar.)

preferred

62%iC

(quar.)

9-15

convertible

$1.25

Slck's

(quar.)

9-30

Sheraton Corp.

preferred

6%
Vulcan

25c

.10-1 '•

40c

6%

1

25c

A

59%C

2

2

9-

75C

B

—

99-

$1.06 V*

B

10-

$56c

(quar.)

1

$1.02

series

9-15

9-

;

Ltd.—

(quar.)

1

50c

preferred

Top

preferred

preferred

9-30

—

A

1

1

$2.50

10-

*■"

4y2%

2

■'

(quar.)

6%

25%

Class

com.

6%

35c

——

Class

Corp.,

9-10
9- 2

30c

preferred

10-

10-

(quar.)

10-

(quar.).

9-28

(quar.)

9-20
10-15

8-12

$2

;

——

9-20

25c

9-30

Products

9-15*

15c

10-15

preferred

9-22

1

t25c

10- 1

4%%

3

9-30

*5c

series

9-15

participating preferred (accum.)
Virginia Electric & Powerj Co., com. (quar.)
$5 preferred
(quar.)
*
Virginian Railway, common (quar.)

56V4c

t2c

Shellmar

1010-

Ltd.,

Initial

9-28

1

"

(quar.)
(Cleveland)

preferred

1

10-

(s-a)_,—

$50c

common

10-

6%

uy2c

(quar.)
Realty & Construction Co. (quar.),
Tobln Packing Co., common
(quar.)
7%
preferred (quar.),,:
"^Toioke Brothers, Ltd—
—1,,,,

2

9-

9-22

(quar.)—,.

pfd.

9-28

66y4c
$1.12 y2

62%c

pfd.

conv.

Equipment Co. (quar.)
Virginia-Carolina Chemical Corp.—

$1

Tishman

9-16

9-

3

5

40c

$1.25

Creek

Sheller

3

10-

common,,

com.

9-16

1

(quar.)

26 AC

Gold Mines, Ltd
———J—
Mfg. Corp., 5% 1st preferred (quar.)

Sheep

9-22

10-

9-15

15c

Inc.,

1

10-

(reduced)

28y«C

10c

(quar.)

1

Common

15c

;

10-

62y2c

5% preferred (s-a)
Victor Chemical Works, common
3'/2%
preferred (quar.)

25c

$50c

Company

(quar.)

10-

50c

—

G.)

A

9-14

11-

$2

(quar.)___

40c

Cos.

Markets,

Timken Detro't

Tip

9-16
7

9-20

11-15

1

10-14

75c

preferred

common

preferred

f

Vicksburg Shreveport & Pacific Ry. Co.—

9-10

$1.13

—

(Frank

preitrred

Sick's

9-30

1

1

9-30

3iy»c

(quar.)

preferred

$3.75

Shaler

Sharon

10-

10c

41/4% preferred B (quar.),—
Tide Water Associated Oil Co.—

Servel,

B

10-

50c

Ltd.,

5%

11-1

1

Co.—

Dutch

Canada,

preferred

10-

11-15

30c

(quar.),____,

Victor

Co.

non-conv,

4'/2%

11.37'/2

class

$1.25
I

50c

conv.

5%

9-20

10-

9-16

of

5%

10-15
12-

40c

Holland

Corp.,

9-23

50c

<:

(quar.)

(quar.)
(quar.)

Company

Corp.

4'/2%

9-10

Thrifty Drug Stores Co., Inc.—

f 9- 9

,————

Verney

9-19

1

Corporation

5%

$5.50 prior pfd. (quar.)_
Inc.,, $4.50 preferred (quar.),—

Selected Industries,

Thor

9-9

9-29

1

8

^

Thorofare

9-15

,25c

(Irreg.)—

—-———_—

Sliares

American

>

9-10

25c

—

common

Refrigerator

10-

10-

v

Common

9-22

9-30
9-30

12VaC

common,——

(quar.)

10-10

9-15,

62 '/2C

Company, $2.50 conv. pfd.
Thomaston
Mills, common

9-22

i5c

9-30

—

Common

75c

Vapor

10-

(quar.),

Thermoid

Common

25c

Seeger

-

9

9

65C

9-17

25c

preferred- (quar,)

9

(quar.)

9-30

Inc.

Tower

9-

——

Securities Acceptance Corp.,

Products,

preferred

12-

(quar.),

preferred

4.10%

9-30

10-10

Norman

56c

(quar.)—,

Transmission,
(stock dividend)

12-31

45c

Van

X%5

pfd.

Gas

$1.25

——

(quar.),—

common

common

convertible

6%

preferred

Co.,

12-

9-15

Viau,

(quar.)

Company (quar.),
Textiles, Inc., common..
4% preferred
Textron, Inc., $1.25 conv.

9- 9

9-30

1

Kamp's

10-15

25c

pfd.
i

com.

Utility Appliance Corp. $1

Car

9-15

Light Co

preferred

de

(quar!)
(quar.)

Instrument

Terminal

prior

Van

Texas

9-17-

12-31

5%

&

9-15

—

(quar.)

preference

4.25%
t

9

Knitting Co.—
prior preferred

12-15

(quar.)

B

Power

15c

$1.25

preferred—.

scries A non-cum.

Seattle

10-

25c

vtc

Seaboard

i

9-17

$1.12 y2

Utah

.!

9-15

9-30

.

7

Tobacco

Utica

9-30

87'/2C

4%

Co

scries B preferred (quar.)
Company, 4"/2% preferred (quar.).
Upressit Metal, 8% preferred (accum.)

12-31
10-

Inc.,

4(4 %

9-15

9-19

3

17!/2c

Upson

20c

Gold

Common

11-14

10-

■

Electric

Tennessee

11-14

12-

83 %c

9iy4c

9-15

Leaf

$1.25

(Canada)

Hughes Gold Mines,
Tennessee Corp.
!

9-14

25c

vtc

Common

i

10-18*

10-18*

$1.07 y2

9-15

9-30

(quar.),

Teck

Co.—

RR.

Co.

series

Company

Technicolor,

•

11-1
10-

&

Taylor

1150c

1

9-15

Mining Co.

preferred

4%

7-18

85c

10-

9-22

Extra

1-18

27«/2C

9-23

1

Mines, Ltd. (quar.),^
Talcott (James), Inc., common (quar.)
4y2% -preferred (quar.).,,
Tamblyn (G.), Ltd., common—,—,.

10-18

27 %c

10-14

1

Machine Tool Co

preferred

SylVanlte

9-20

2?y2c

8%
preferred (quar.)
Upper Micnigan Power & Light
6% preferred A (quar.)

1

common—

Corporation

Sylvanla
$4

9-20

$4

Seaboard

-

1

$1.06y4

—

preferred (quar.)
—*
Scovill Manufacturing Co., common.———
3.65% preferred (quar.)
:±—
4.30% preferred (quar.)——:—.—
—
Scranton Electric Co., 3.35% pfd. (quar.) —
Scruggs, Vandervoort, Barney, Inc., coin.—
$4.50 series A preferred (quar. )___——

10-

10-15

25c

common

(quar.)__—————

preferred A
preferred A
preferred A

'5'/2%

10-

Swift

9-17

10-

9-20

10-

(quar.),,,,,—

Assurance

Sunshine

9-10

I

4y2%

-

9-15

10-

<

50c
$1

Schwitzer-Cummlns, 5'/a%
5*2%

1

9-24

40c

—-—-

Syndicate,

Mining

(Ed.)

preferred
preferred

Corp.,

preferred A

Life

-Sunbeam

9-30

10-15

*

4y4%

Chemical

Sunray Oil Corp., common
4y4% preferred series A

25c

9-17

1

10-

I

Sundstrand

-7

(quar.).

_

$1.25

1

22 %c

1

10-

—

(quar.)

1

30c

Water Works, common
Miguel Brewery
Electric Co. (quar.)

Sangamo

Corp.,

2-

——

San JoSe

Wells

5-

—
—

:

10-

50c

5-15-50

12 %c

Universal

10-

(quar.),

(quar.)

i2y2c 2-15-50

————■—

Quarterly

9-17

131 y4c

Corp.

preferred

Sun
Sun

12 %C

—

Universal

Suburban Propane Gas Corp.—

9-13

1

United

9-17 '/

Insurance

9-15

1

10-

(quar.)

9-27

$3iy4c

Products—

Corp.

preferred

Wallpaper,

' 9-15

,

10-

J15C

1

150C

(quar.),,,—

Strawbridge & Clothier $5 preferred (quar.)
Stromberg-Carlscn Co., 4% pfd. (quar.),—

$1.25

■••'''."'

1

$8.75

(quar.)

Corp., Ltd.

25c

Co.

Sterling Drug, Inc., 3y2% preferred
Sterr. & Stern Textiles, Inc.
4»/2%
preferred (quar.)

9-30

1

10-

62'/2c

York)

1

J20c

1

9-30

10-

,

iquar. t

(New

convertible

5%

Sterling

$20c

70c

A

Co.

$1.25

9-20

Aluminum

Trust

10-

93%C

—_——

9-10

$$ 1.75

9-30

preferred

S.

75c

(quar.)

Engineering

Stewart-Warner

Paper Co., '/T7'-7:'''7'pfd. series A (quar.)—

preferred

Products

9-27

Corp,

1

R.v.

Francisco

Ltd.

Bros.,

—

10-

8-31*

11-30*

LlthographVng,

10-

50c

10-15

9-10

9-20
12-20

50c

•

(quar.)

75c

Company

10-15

1st

Schuster

S.)

50c

,,

9-10

I12»/2c

preferred—

non-cum.

Card

25c

18%c

—

Participating
(L.

Playing

25c

(quar.),,,,.

convertible

8, Printing &

J

—

Standard Paving & Materials, Ltd., com
Partic. convertible cum. preferred——

9-14

9- 9*

■

i,

A

S.

U.

.9-15

9-30

5c

Corp., common
preference
(quar.),,—_

preferred

U.

9-15

1

9-20

94c

Steamship

participating
Participating

3%%

Antonio Transit

Saudi

$3

&

Fruit

Standard-Coosa-Thatcher (reduced)
Standard Oil Co. of Ohio,
r

8-31*

25c

Stockyards Corp.—

8%c
—

Quarterly

San

United

10-

5%

$1.75

______

Quarterly '

5%

'Steel

9-10

Safety Car Heating & Lighting Co., Inc.—

■'

United

9-20

■

17'/2c

(quar.),,__

Safeway Stores, Inc., common (quar.)
5%
preferred (quar.)
Eaguenay Power Co., Ltd., 4V4% pfd. (quar.)
Ban

10-17

,

9-14

10-

30c

9

9-

10-

50c

——

—

preferred A vtc (quar.)———

conv.

Regis

4.40%

11-1

9-15

—

Industries, Ltd., common———preferred (quar.)———
—

LouLs-San

5%
St.

C.)

(F.

$1

Standard

9-15

10-

<

9-20

75c

,__1_

:

U.

'f

10- 1

Quarterly

10-17

'

9-15

$1.25

!

Holdery

Payable of ReC.

75c

(quar?)

50c

9-15

1

When

Share

Pipe & Foundry Co.

11-1

(quar.)____—s,:—:
$3.75
preference
(quar.)
Standard Factors Corp., common...
75c
preferred (quar.)
—

1;':

10-

10-

10c

——

75c
(irreg.) —
—
4%% pid. (quar.)——' $1.12 y2

(Jacob)

S.

$1

9-15

12-

10-

Company

Ruppert

1

$1.25
——

(quar.)———

Ruberoid

U.

Extra

Squibb (E. R.) & Sons
$4
preferred- (quar.)
$4 preferred series A

9-15

1

10-

3

$1.25

.

common

Management

Per

Name of Company

10-12

10- 1

9-15

12-15

25c

(quar.)—

Royalties

10-14

47y2C

3

10-

1

10-

20c

(quar.)

10-

9-30

$20c

——

Typewriters Co., common.:
preferred
(quar.)

Royal

11-1

$1.12 y2

Inc

Corporation,

Holdert

Payable of Rec.

$1.25

i

(quar.),,,

—

Sovereign

Company,

Brothers,

When

.,.

40c

(quar.)~

$1.27*8

9-20 /

Corp., common (quar.)——
convertible preferred
(quar.) ______

4%
Roos

(Dallas)

preferred (initial)
investors^-_,_i.__,-„-i.-—,

9-20

Cable

Rome

'.if: Per
Share

Insur.

Monday, September 19, 1949

^Springfield Fire & Marine Insurance Co.—

9-12*

1

(quar.)

Pendleton,

&

1

10-

$10c

Ltd

preferred (quar.)
preferred A (quar.)
prior preferred (quar.)—

5%

10-

$62»/2c

H

(quar,)

Corp.

Ages

Life

preferred

4.65%
20c

Co., common—

Llttie & Co., Ltd
Rochester Telephone Corp., common

5%

t50c

(quar.)

Mills,

9-13

29 lie

(quar.)——-

Robinson,
4 % %

Southwestern

CHRONICLE

Southwestern Gas & Electric—

preferred

Mfg.

$2.50

1C- 1

—._w';

convertible

4%%

i

Name of Company

2

9-

Ltd.—

$2 participating class A preferred (quar.)
Robertshaw-Fulton Controls Co.—
7
Common

,

9-27

________

FINANCIAL

&

Holder1

Payable 0/ Ree

Share

.

Richardson Company
Riverside Silk Mills,

COMMERCIAL

'Transfer

resident tax
a

$1.25

9-30

9-21

22yac

1-3-50

12-16

books

not

closed

for

tPayable in U. S. Funds, less
tPayable in Canadian funds,
Less

dLess

3%

income

Wisconsin

Jamaica

deductible

tax.

dividend

income

dividend.
Canadian

tax

15%; resident tax 7%.

British

xLess 30%

this

15%

tax.

tax.

non-residents'
at

the

tax.

source,

lion-

Volume 170

Number 4839

THE

COMMERCIAL

STATE AND

&

FINANCIAL

- „ v

CHRONICLE

(1129)

53

CITY DEPARTMENT

BOND PROPOSALS AND NEGOTIATIONS

ALABAMA
St. Clair

Mountain

Atlanta, in joint account, recently
Board

l%s, at

of

$40,000

warrants

price of 99.36,

a

1.855%.

1949, and due
lows:

issue

Education

about

of

an

of

Dated

Aug.

on

$2,000

from

basis

a

Aug.

1,

1950

as

fol¬

as

to

1,

1954

inclusive, and $6,000 from 1955 to
1959 inclusive.

Clerk, will offer at auc¬
tion at 11 a.m. (CST) on Sept. 21,
an
issue of $40,000 3%% school
bonds.
Dated April 1, 1949.
In¬
terest A-O. Due Oct. 1, as follows:
$1,000 in 1951, $1,500 in 1952 to
1956, $2,000 in 1957 to 1961, $2,500
in 1962 to 1966, and $3,000 in 1967
1969.

to

able

ARKANSAS
No.

9

bonds

will

a

newspaper

State

least

at

30

Offered—Arthur

Vance,
District Secretary, received bids at

1.15%.

Dated

due

the date of call, on or after Oct. 1,
The

bonds

will

be

any source.

secured

by

a

Second

1949

1,

high

bid

$85,000 iy4s and $90,lVss, or a net cost of about

000

1.154%,

was

by

made

cantile-Commerce

the

Mer¬

&

Trust

Bank

Co., St. Louis.
CONNECTICUT

$378,000 school
bonds
offered
Sept. 12—v. 170,
p. 1027—were awarded1 to R. L.
Day & Co. and Coffin & Burr,
of

after

and

Feb.

1,

are

Smith,

1955, from
The bonds

CALIFORNIA

payable in the first instance

York, jointly, as
price of 100.212, a basis
1.676%.
Dated Oct. 1,

the proceeds of a fourteenbuilding fund tax voted by
the electors of the District, which
will continue annually until all
the bonds and interest are paid in

Unified Sch. Dist.,
Los Angeles County (P. O.

mill

In addition they will be se¬

full.

cured by a

pledge of all other

rev¬

that the

enue

jjstrict can legally
The purchaser will be ex¬

pledge.

pected tb

the expense of the
issue, including the printing and
pay

of the trustee of the bonds and the

approving opinion of Townsend &
Townsend, of Little Rock.

Hamburg School District No.Sl
Bonds Offered—John Titus, Sec¬

of the Board of Directors,

retary

Los

Angeles), Calif.

Bond

received auction bids at 4:30 p.m.

awarded to

a

the

of

Bank

Trust

&

930—were

p.

syndicate headed by
America

Savings

National

Associations

of
San Francisco, as 2%s, at a price
of

10L3Q3,

a

basis of about 2.14%.

The bonds mature
1

from

1951

to

serially

on

Oct.

inclusive.

1969

Second high bid of 100.95 for 2%s,
net cost of about 2.17%, was

made by a syndicate headed by
Halsey, Stuart & Co. Inc., New

York.

Associated

with

the

Bank

of

Sept. 17 for the pur¬
America N. T. & S. A. in the of¬
chase of $140,000 school bonds.
Dated Sept. 1, 1949.
Due Feb. 1, fering are—The Northern Trust
Company; The First Boston Cor¬
as follows: $4,000 in 1953 and 1954,
$4,500 in 1955 and 1956, $5,000 in poration; R. H. Moulton & Com¬
1957 and 1958, $5,500 in 1959 and pany; Security-First N ation a I
Bank of Los Angeles; American
1960, $6,000 in 1961 and 1962, $7,
000 in 1963 to 1969, $8,000 in 1970 Trust Company; Weeden & Co.;
to 1973, and $9,000 in 1974.
The Goldman, Sachs & Co.; Harris,
Company, Incorporated;
bonds will be callable for payment Hall &
(CST)

on

prior to maturity in inverse nu¬

Laidlaw

merical order at par and accrued
interest on
any
interest paying

&

&

Co.; B. J. Van Ingen
Bacon, Stevenson &
Co.; J. Barth & Co.; Kaiser & Co.;
Co.

Inc.;

surplus in the building F. S. Smithers & Co.; W. H. Mor¬
only, and on any interest ton & Co. Incorporated; Dempsey
paying date on and after Feb. 1, & Company ; First Securities Com¬
1955, from funds from any source. pany of Chicago; The Ohio Com¬
The bonds are payable in the first pany; Mullaney, Wells & Com¬
instance from the proceeds of an pany; Lawson, Levy & Williams;
eight-mill building fund tax to be Hill Richards & Co.; J. A. Hogle
voted by the electors of the Dis¬ &
Co.; Edward Lowber Stokestrict, which will continue annually Co.; Raffensperger, Hughes & Co.,
until all the bonds and interest Incorporated; Wagenseller &
are paid in full.
In addition they Durst, Inc.; Stone & Youngberg;
will be secured by a pledge of all Magnus &
Company and Stern,
other revenue that the District can Frank & Meyer.
legally pledge. The bonds will be
Santa Clara Valley Water Con~
sold subject to an election to be
servation District (P. O.
held on Sept. 27. The purchaser
*
San Jose), Ctdif.
may name the place of payment
date from

fund

and

and

trustee,

right

to

lower

convert

the

of Education.

The purchaser will

be expected to pay
the
and

subject to

of the Commissioner

the approval

the

Secretary
rectors,
until

trustee

of

of

will

Oct.

$2,760,000

4

Worcester,

the Board of Di¬
receive sealed bids
for

the

fourth

purchase

issue

of

water

bonds.

the expense of

issuer-including the
of

Bond Offering—Jean

the

bonds to a

of interest,

rate

have

may

COLORADO

the

Townsend

approving

the

Colorado Springs, Colo.
Sale—The $175,000 park

bonds

&

opinion

of

Townsend, of Little

Rock.




-

~

offered

bonds
p.

1026

First

—

Sept.

were

National

15—v.
of

170,

the
Chicago,

awarded

Bank

to

1

1949, and due

in

May 1 from

on

Callable

inclusive.

1956

to

numerical

inverse

order

(CST)

Sept. 26 for the pui;-r
$16,000 2% building and
equipment bonds. Dated July
1949.
Due $1,000 annually from
1951 to 1966 inclusive.
Optional
after Jan. 1, 1950. The bonds
we^f
authorized
at
an
election
in*
August.

Clarinda, Iowa
Bond

Offering—DeSoto B.

Mc*

will receive
sealed bids and open bids until
7:30 p.m. (CST) on Sept. 20 for
the
purchase
of
$40,000 sew$e

III.

Urbana),

Secretary of

by the

on

Cabe,

University of Illinois (P. O.

City

Clerk,

staff revenue bonds. /This offering re*bonds offered places the issue of $16,000 for
Sept.
12—v.
170, p. 930—were which all bids were rejected qi*
awarded to John Nuveen & Co., Sept. 6. The bonds now being of¬
Chicago,, at a price of 100.022, a fered are dated Sept. 1, 1949. Due
basis of about 2.724%, as follows: $4,000 Sept. 1, 1950 to 1959. Bigs
for the bonds shall specify tb$
$46,000 2 y2 s. Due on Oct. 1 from
Sale—The

Bond

housing

1950

-

$175,000

revenue

rate of interest at which the

inclusive.

1956

to

129,000 2%s. Due on Oct. 1 from
1957 to 1969 inclusive.
The bonds

1949

after Oct.

or

on

1, 1952, at varying premiums de¬

pending

the date of redemp¬

on

bid¬

der will take the bbnds at par

tion.

plug;

accrued

delivered to
Bonds

$80,000

8—v.

Sept.

Hughes & Co.
as
D/fes, at a

anapolis,

bonds

of Indi¬
price of

Superintendent of the Board of
Instruction, will receive
sealed bids until 10 a.m. (EST) on

101.0027, a basis of about 1.311%.
Dated Sept. i, 1949, and due semi¬

in the years 1960 to

Kansas

the purchaser.

Not

Sold—The
bonds

revenue

Sept. 6—v.

park
170,
930—were awarded to Raffen¬
offered

The

wilJL
subject to the opinion 3$
legality of Bannister, Cai^
penter, Ahlers & Cooney, of Des
Moines, which opinion together
with the printed bonds, will be

sewer

p.

interest.

to their

INDIANA

Sale—The

<

be sold

dated Oct. 1,

are

and are callable

sperger,

White,

A.

Offering—Sealed bids will

received

on

accrued interest.

Bond

(P. O. Bronson)y Fla.

Dist.B

chase of

May 1, 1950, or on any subsequent
interest payment date, at par and

Elkhart, Ind.

Offering —H.

Sch.

the Board of Directors until 8 p.nv

Sale—The

J.

Public

170,

p.

$16,0011

offered

on

931—were npt,

sold,

as
all bids were rejected.
Sept. 1, 1949 and due ott
Sept. 1 from 1950 to 1954 inclur

Dated

sive.
Des

Bond

Soules,

Moines,

Offering

Deputy

Iowa
—

City

Walter

O.

will
receive sealed bids and open bidg
Oct. 11 for the purchase of $600,- 1, 1960 inclusive. Second high bid
until 10 a.m. (CST) on Sept.
1#
000 not to exceed 6 % interest cou¬ of 100.75 for IV2S was made by the for the
purchase of $110,000 fire
pon school bonds.
Dated July 1, First National Bank, Elkhart.
fund bonds.
Dated Oct. 1, 1940.
1949.
Denomination $$1,000.
In¬
Due Nov. 1, as follows:
$10,000;
Indianapolis, Ind.
terest J-J; Due July 1, as follows:
from 1951 to 1953 inclusive, an<$
Bond Sale—The $150,000 sewer
$21,000 in 1950, $22,000 in 1951,
$20,000 from 1954 to 1957 inclUr
bonds
offered Sept.
12—v. 170,
$23,000 in 1952, $24,000 in 1953 and
sive. Bidder to name the rate
1954, $25,000 in 1955, $26,000 in p. 931—were awarded to Blyth & interest. City will furnish printed
Co. of Chicago, as VAs, at a price
bonds and legal opinion of Baifc-,
1956, $27,000 in 1957, $28,000 in
of 100.394, a basis of about 1.185%.
1958, $29,000 in 1959, $30,000 in
nister, Carpenter, Ahlers & Coo¬
Dated Sept. 15,1949, and due $15,1960, $31,000 in 1961, $32,000 in
ney, of Des Moines.
i,"'.1'' '
V-"
1962, $33,000 in 1963, $34,000 in 000 on July 1 from 1951 to 1960 ■I;'. :V r
Forest City, Iowa
inclusive.
Second
high bid of
1964, $36,000 in 1965, $37,000 in
Bond Sale—The $150,000 ele<ji100.302 for 1V4S was made by the
1966, $38,000 in 1967, and $40,000
tric revenue bonds offered Sept. $
in 1968 and 1969. Bonds maturing City National Bank & Trust Co.,
interest in

excess

1966, bearing

of 2.99% per an¬

and all of the bonds ma¬
turing in the years 1967 to 1969,
regardless
of the interest rate
thereon, shall be subject to re¬
demption, at the option of the
Board of Public Instruction, in the

annually from July 1, 1950 to Jan.

City.

-

1;D'

Township School Township

(P* 0*221 l/z Lincoln Way West,
Mishawka), Ind.
Bond Sale—The $420,000 school

building bonds offered Sept. 12—
v.

170,

p.

835—were awarded to

inverse order of their numbers on

Harriman Ripley & Co., Inc. and

1959, or on any interest
payment date, thereafter prior to
maturity, at a price equal to the
principal amount thereof and ac¬

F.

July

1,

interest thereon to the date

crued

fixed for redemption, plus a pre¬
mium of Va of 1% of the

each

amount

thereof

thereof from the

for

S.

13/4s, at

a

of about

price of 100.349, a basis
Dated Sept. 15,
due semi-annually from

1951

1,

as

1.705%.

1949 and

July

Co., jointly,

Moseley &

to Jan.

1,

1964

in¬

clusive.

principal

fraction

year

or

date

Russ

of

Township School Township

(P. O. Merrillville), Ind.

Bond Sale—The $98,000 build¬
to the date of ma¬
premium, however, ing bonds offered on Sept. 12—
2% of v. 170, p. 102—were awarded to
the principal amount of each bond McDougal & Condon, of Chicago,
redeemed.
Principal and interest as 2s, at a price of 100.305, a basis
payable
at
the
Manufacturers of about 1.956%.
Dated July 1,
Trust Co., New York City. Bid¬ 1949 and due on July 1 from 1950
ders are required to name the rate to 1963 inclusive. Second
high bid

redemption
turity,

such

not in any event to exceed

of

interest

the

bonds

shall

bear

of

100.52

for

2i/4s

was

made

expressed in a multiple of 1/100
of 1%. The bonds have been vali¬
dated by the County

Starke County (P.

by

Raffensperger, Hughes & Co.

and

the

Caldwell,

approving

Marshall,

Circuit Court,
opinion
of

Trimble

&

Mitchell, of New York City, will
be
furnished
to
the purchasers
without
charge.
These are the

—v.

the
Penn

num,

Sale—The

Bond

170,

931—were awarded to

p.

Carlton

Moines,
100.30,

Clerk,

D.

Beh

Co.

of

Des

iy>s,

at a price of
a basis of about
1,418%.
Dated Sept. 1, 1949, and due 00
March

as

1

and

Sept.

to 1956 inclusive.

of

100.14

Wheelock

for

IV2S

&

from 1950"
high biff,
was made
by
1

Second

Cummins

of

Dp«

Moines.

Washington, Iowa
$56,311.75 sani¬
tary sewer construction bonds of¬
Bond Sale—The

Sept. 6 were awarded to thjfc'
Washington State Bank of Wash^,
ington, jointly.
Dated Sept. \
1949.
Due on June 1, as follows:'
$6,000 from 1950 to 1958 inclusive,,
and $2,311.75 in 1959. Redeemab%
prior to maturity from funds dep¬
rived from payment of special as¬
sessments in anticipation of thj*.
fered

collection of which said bonds
issued and sold.
terest

ai^

Principal and hi-

payable at the City Treas*
j
-

urer's office.

West Des Moines

.

Independent

School District, Iowa

O. Knox), Ind.
$200,000 hos¬

pital bonds offered Sept. 9—v. 170,
p. 835—were awarded to Halsey,
Stuart &
Co. Inc., Chicago, as

Bond

Offering—Jewell

Snyder^

Secretary of the Board of Educarr!
tion, will receive sealed and open*
bids until 8 p.m. (CST) on Sept.
19
for the purchase of $135,(X)(K

registered construction
Oct. 1, 1949.
De¬
Due Nov. 1, as*
held on May 17. No bid for less 1949, and due semi-annually from
follows:
$1,000 in 1951; $5,000,
July 1, 1950 to Jan. 1, 1969 in¬
than par and accrued interest will
clusive. Second high bid of 101.779 1952 to 1954 inclusive; $6,000, 195£
be accepted.
Enclose a certified for 2s was made by the Harris to 1960 inclusive; $7,000, 1961 to
or cashier's
check for 2% of the Trust & Savings Bank of Chicago. 1963 inclusive; $8,000 in 1964 and*
bonds

printing
Bond

and

No.
Bond

Bond

be

$42,000 electric
plant revenue bonds offered Sept.
6—v. 170, p. 835—were awarded
to F. S. Moseley & Co. of Chicago,
as
13/4s, at a price of 100.06, a
basis of about 1.65%. Dated Aug.

bonds

—

Sept. 13—v. 170,

on

C.

and

LevyCpuntySpecialTax Sch. Dist.

Sale
The $14,900,000
($7,125,000 elementary
school, $5,480^000 high school and
$2,295,000 junior college) offered

Bond

FLORIDA

bonds

or a

(P.O. Hamburg), Ark.

& Co.
Co., jointly.

Barney

Devine &

Long Beach

from

ILLINOIS

Rochelle, III.

New
a

Consolidated
Iowa

1,

Bond Sale—The

both

Instruc¬
Beaman

1950

East Haven, Conn.

1.70s, at

IOWA

for, payable

Public

of

Board

■

of

100.308 for

paying date

on

the

to

tion.

and

pledge of eight mills of the Dis¬ of about
trict building fund voted as a con¬ 1949 and due on Oct. 1 from 1950
auction at 10 a.m. (CST) on Sept.
to 1968 inclusive. Second high bid
17 for the purchase of $63,000 re¬ tinuing tax and a mortgage on its
real property, subject only to a of 100.10 for, 1.70s was made by
funding and school construction
mortgage.
The purchaser Day, Stoddard & Williams and R.
bonds. Dated Oct. 1, 1949. Interest prior
D. White & Co., jointly.
F-A. Due Feb. 1, as follows: $2,- may name the place of payment
and trustee, and may have the
000 in 1951 to 1953, $2,500 in 1954
Westport, Conn.
to 1958, $3,000 in 1959 to 1963, $3,- right to convert the bonds to a
Bond Sale—The $490,000 school
lower rate of interest, subject to
500 in 1964 and 1965, $4,000 in 1966
the approval of the Commissioner bonds offered Sept, 13 — v. 170,
and 1967, $4,500 in 1968, and $5*000
of Education. The purchaser will p. 1027 — were awarded to the
in 1969 and 1970. The bonds will
be expected to pay the expense of First Boston Corp., New York, as
be callable for, payment prior to
the
issue,
including
approving 1.20s, at a price of 100.155, a basis
maturity in inverse numerical or¬
of about 1.172%.
Dated Oct. 1,
der at par and accrued interest on opinion of Rose, Dobyns, Meek &
House, of Little Rock. A certified 1949 and due on Oct. 1 from 1950
any interest paying date from sur¬
check for $8,000, payable to the to 1959 inclusive. Second high bid
plus in the building fund only,
of 100.13 for 1.20s was made by
District, is required.
and on any interest
funds from any source.

of bonds bid

amount

Sept. 1 from 1950 to 1959

on

inclusive.

Sept.

call¬

circulated in
days before

1953, from funds from

(P. O. Armorel), Ark.

be

Sidlo, Simons, Roberts & Co.,
Denver, jointly, as IV4S, at a
price of 100.552, a basis of about

for

payment prior to ma¬
turity in inverse numerical order
at par and accrued interest on any
interest paying date by publica¬
the

Armorel, School District

The

and
of

District

tion in

Bonds

46

Bond Offering—M. F. Norwood,

Alabama

Warrant Sale—George M. Wood
&
Co.
of Montgomery and
the
Trust
Company of Georgia
of

purcnased

Sch. Dist. No.

Pine

(P. O. Mountain Pine), Ark.

County (P. O. Pell City),

authorized

at

the

election

l%s, at

of

a

about

price of 100.403,

1.704%.

a

basis

Dated Aug.

15,

coupon
bonds.

or

Dated

nomination $1,000.

,

54

COMMERCIAL

THE

(1130)

1965; $12,000 ill 1986, and $17,000
Optional Nov. 1,

thereafter. A certified
check for $2,700 is required. Le¬
gal opinion of Chapman & Cutler,
of Chicago, will be furnished the
1960, and

successful bidder.

KANSAS

and

works

water

000

$110,electric

bonds
awarded
Aug.
31
to Juran &
Mooay, of St. Paul, as previously
noted in v. 170, p. 931, were sold
at a price of 100.105, a net inter¬
est cost of about 2.795%, as fol¬
utility

light

revenue

lows:

Harvey County School Dist. No. 1
(P. O. Newton), Kan.
Bond

Sale—Steru Bros.

1951

Kansas City nave purchased,
subject to approval at a.i e-.riy
election,
an
issue
of
$296,000
school bonds at a price of 100.07,

1962

l%s.

as

Warren

Sale
—
The
$340,003
building
revenue
bonds
offered Sept. 9.—v. 170, p. 931—
Bond

awarded

to

syndicate

a

.

cdmposed of the Bankers
Co., Almstedt Bros., and
Bros.

&

Bond

Stein

Boyce,

all of Louisville;
Russell, Long & Burkhelder, of
Lexington; Pohl & Co., Fox,
Reusch

&

&<

Walter,

Co.,

Co., Charles A. Hinsch
Woody

&

Heim-

erdinger, W. C. Thornburgh Co..
Edw. G. Taylor & Co., and Hill
&
Co., all of Cincinnati, at a
price of par, as follows:
$145,000

23/4s.

from

90,000

1951

3s.

1961

Aug.

1,

1

from

Feb.

on

to

1970

from

1

1

La.

Watts,

receive sealed
bids until 11 a.m. (CST) on Oct.
22 for the purchase of $135,000
not to exceed 4%
interest park

subject

in

Aug. 1,
prior re¬

to

inverse
at

varying

(A-O) payable at the Town
office
or
at
any
bank
specified by the purchaser. A cer¬
tified check for $2,500, payable to
order of the Town

(Clerk,) is

re¬

approved

Legality

quired.

by

Chapman & Cutler, of Chicago.
MARYLAND
Cecil County (P. O.

Elhton), Md.

Bond Sale—The $1,000,000 pub¬
lic school construction bonds of
1949 offered

on

Sept. 14—v. 169,

836—were awarded to

a

group

composed of Mercantile Trust Co.,

Watts

Boyce, all of Baltimore, at

price

a

of

Co.,

&

100.01,

cost of about

Stein

and
net

a

interest

as

follows:

1.631%,

$120,000 3s. Due

Oct.

on

from

1

Dist.

No.

2

Sale—The

$20,000 school
Sept. 9—v. 170, p.
931
were awarded
to Barrow,
Leary & Co., Shreveport, as fol¬
—

lows:

Oct. 1 from
1953 to 1968 inclusive,
on

Sept.

on

1

1956 to

bonds

3,000

3s.

Due

Sept.

on

are

from

The

bonds

dated

are

1,

Louisiana

Bond
F

Sale—The

$3,251,000

institutional

se¬

improvement

■

dated

Oct.

1,

made by Alex. Brown
C.

Legg & Co.,

series

Sale

The

$620,000 2nd
Sept. 8—
931—were awarded to

notes

—

offered

Note

B. J. Van Ingen & Co., all of New

York, Otis & Co., Cleveland, Bar¬
row,
Leary & Co., Shreveport,
Weil & Arnold, of New
Orleans,
Fox, Reusch & Co., Cincinnati,
and Dempsey & Co., of
Chicago, at
a
price of 100.01, a net interest
cost of about 2.436%, as follows:
$478,000 5s. Due
1952

to

1954

Note

2,773,000 2.30s.

1

from

inclusive.

Due,

on

Sept.

1

The

bonds

are'dated

Sept/1,
maturing Sept; 1,
1955 and thereafter are
callable,
./in inverse numerical order, on
Sept. 1, 1954, or on any subse¬
quent interest payment date, at
a
price of 102 and accrued in¬
.

terest. Second

high bid of par for
„$478,000 3s and $2,773,000 2y2s, or
a

net

interest

2.525%,

cost

of

about

made by a syndicate
which included Scharff &
Jones,
Hibernia National Bank, Newman,
was

Brown

& Co., White, Hattier &
Sanford, and Nusloch, Baudean &
Smith, among others.




1028—were

Bankers Trust

the

awarded

the

State

N

bids

3,

Housing Authority,

Offering—Sydney T. Har¬
the

at

1949

office

and

Legality

of

due

State

the

Sept.

approved

Donovan
York

&

1950.

15,

by

Sullivan,

Heenehan,

of

New

City.

Gurn,

bids

at

St.,

(DST)

will

the

State Housing
mont

about
and

1959
of

t i

1.168%. Dated Oct.

due

on

Oct.

inclusive.

100.36

for

1

from

ona

1

1,

receive

office

of

on

of

the

Authority, 18 Tre¬

Boston, until 11
Sept. 22 for the
$200,000

notes. Dated

&

Co.,

1950

first

a.m.

pur¬

series

Oct.

3, 1949 and due
Oct. 3, 1950. Legality approved
by Sullivan, Donovan & Heene¬
han, of New York City.
North

Adams

Housing Authority,

Massachusetts

Note

Inc.

Beverly Housing Authority,

and

Offering—Fred

W.

Mass.
Clark,

Chairman, will receive sealed bids
at

office

the

bids

of

the

until

11

(DST)

a.m.

State

,

on

Sept.

22

3,

1950.

and

Legality
Donovan

due

Hous¬

Sept.

22

Sept.
approved by
&

1949

15, 1950.
Sullivan,
Heenehan, of New

notes

170,

the

City,

p.

932—were

Bessemer

at

of

the

purchase

of

and

due

Sept.

approved
&

by

15,
Sul¬

Heenehan,

of

City.

0.78%

Trust

$208,on

Sept. 8 was awarded to the Wor¬
cester County Trust Co., of Wor¬
cester, at 0.77% interest. The Bes¬

$260,000
bonds offered Sept. 13

170,

1028—were

p.

C. J. Devine &

at

price

a

cou¬
—•

awarded

v.

to

Co., New York, as
100.169, a basis

of

of about 0.946%. Sale consisted of:

$200,000

water
1

bonds.

Due

1950

from

1954

to

on

in¬

1

Pretty,

Sept. 21 for the purchase of $90,not to
exceed 4%
interest

000

Special Assessment Districts Nos.
41, 43, 44 and 45 coupon bonds.
Dated Oct. 1, 1949. Denomination
$1,000. Due $18,000 on Oct. 1 from
1950 to 1954 inclusive.
Principal
and interest (A-O) payable at the
National

to

be

lk

of

the

Rate

in

Bonds

faith

full

village.
of

rates

or

expressed

1%.

Bank

backed

credit

and

the

of

the

Village Treasurer, is required.
Legality to be approved by Miller,

Paddock

&

Gres, Mich.

Bonds Re-Offered—The

not to exceed

bonds

works

4%

cessful offered

sale

were

unsuc¬

Aug. 30—v. 170,
being re-offered for

736—are

p.

$40,000
interest water

which
on

(A description or the issue
given in V. 170, p. 736.)

from

1950

to

in¬

1954

was

dated Oct.

are

The
1949

1960. to

bonds
and

1960

to

able

on

inclusive.

1966
dated

are

July

those

maturing
inclusive, are

1966

Sept. 1,

1954,

made

by Bankers

New York.

Mass.
Sale—The $325,000

bonds offered

or

1,
from
call¬

on

Sept.

cou¬

13—

1 from

1950 to

school

the

on

date

of redemp¬

tion.

to

clusive.

awarded

to

Co., Jersey
interest, plus a

Bond

Mich.
Sale—The ,$235,000 spe¬
bonds
offered

assessment

Sept. 12

—

v.

to

170,

836

p.

—

Boswbrth &
at a price of

1.359%,

cost

of

follows:

as

$166,000 iy2s. Due
1950 to

were

Braun,

Inc., Toledo,
100.114, a net interest

v.

on

July 1 from

on

inclusive.

1956

are

dated Oct.

Second

high
bid : of
was made by HarriRipley & Co., Inc., and Rob¬
ert Hawkins & Co., jointly.
100.53 for 2s

Taunton, Mass.
Bond
Offering — Howard
A.
Briggs, City Treasurer, will re¬
ceive
sealed
bids
until: 2 p.m.
(DST) on Sept. 20 for the pur¬

by

the

First

of

Michigan

as

for

follows:

redemption

for

after April 1, 1958, but prior

April 1, 1960; $5 on each bond
called for redemption on or after

pAidl

No premium shall be

bonds called for redemption on

on

after

or

chaser.

Enclose

cial

assessment

bonds

offered

170, p. 1028—were
awarded to Halsey, Stuart & Co.
Sept.

Inc.,

15—v.

Chicago,

and Braun, BosToledo, jointly,

worth & Co., Inc.,
at

a

price of

terest jcost

of

100.0037,
about

a- net in¬
1.382%, as

Garfield Township Sch. Dist.,

Michigan

exceed

to

'•

Changed

Date

issue of $65,000 not
interest
coupon

4%

bonds,

originally sched¬
14, was postponed

Sept. 21.
Bonds

,

dated

are

Sept.

1,

1949.

(J-J). Denomination $1,000. Due July 1, as follows: $4,-

000 in 1950 to 1964, and

$5,000 in
1955 to

1965., Bonds maturing in
1965 may

be redeemed at the op¬

tion of the District in inverse nu¬
merical order

ment

date

on

on

any
or

interest pay¬

after

July, 1,

and. accrued interest
to the date fixed for redemption,
plus a premium for each bond so
redeemed
as
follows: $20.00 on
each bond called for redemption
1954, at

prior

par

July 1, 1956, $15.00 ,on
called for redemption

to

each bond

after July. 1, 1956 but prior

or

July

1,

1958,

$10.00

on

bond called for redemption

each
on or

after

July 1, 1958, but prior to
July 1, 1960, $5.00 on each bond
called for redemption on or after
or

July 1, 1960, but prior to July 1,
1962.
on

No

premium shall be

paid

bonds called for redemption ,on

or

after

and
bank

$45,000 series N lateral sewer
bonds: .$9,000 Is, due June 1,

1/1962. Principal
(J-J) payable at a

July

interest

by

1950; $18,000 iy4s, due June 1,

,

—

Interest

follows:

-

; or

payable

to the District Treasurer.

to

Mich.
Bond Sale—The $1,07Q,000. spe¬

certified

a

cashier's check for $3,000,

on

Detroit,

1969*in•/*.*-.

All of the bonds

after

premium

a

redeemed

called

each bond
on or

building
Benton Harbor,

Corp.

Oct.„ 1 from 1950

1949.

plus
so

an

1969 inclusive.

Due

any

or

each

to

made

bonds.

on

on

bond called for Re¬
demption prior to April 1, 1956;
$15 on each bond called for ;redemption on or after April 1,1956,
but prior to April 1, 1958; $10 on
on

Award of

Oct.

on

order

date

April 1, 1954, at par and accrued
interest to the date fixed for re¬

pending

*

.

$225,000 school bonds. Due

1,

numerical

verse

interest payment

any

69,000 1 *4s. Due on July 1 from
170, p. 1028 — were awarded to
1957 to 1959 inclusive.
Kidder, Peabody & Co., and W.
E. Hutton & CO., both of New
The bonds are dated July 1,
York, jointly, as 2s, at a price of T949. Second high bid of 100.05
100.625, a basis of about 1.928%.« for $166,000 iy4s and $69,000 iy2s,
Sale consisted of:
/
<•
/ or a net cost of. about 1,36%, was

100,000

$1,000. Interest A-O.
on April 1 from 1950

$10,000

Sale

about

Sutton,

Bond

nomination
Due

Bond

Co.,

pon

ing bonds. Dated Sept. 1,1949. De¬

subsequent interest payment date,
at par plus varying premiums de¬

105 for

Co.,

Chase, Secretary of the Board of
Education, will receive sealed bids
(EST) on Sept. 20 for
the
purchase of $150,000 not to
exceed 4% interest coupon build¬
untd 8 p.m.

April 1, 1962. Bids shall
Heights), Mich.
be conditioned upon the unquali¬
Bond Sale—The $500,000 school
fied opinion of Miller, Canfield,
site and building bonds offered
Paddock
&
Sttone,- of
Detroit,
Sept. 7 — v. 170, p. 932 — were which opinion^vill be furnished,
awarded to a syndicate composed without
expense to the purchaser
of H. V. Sattley & Co., and Mc¬
prior to the delivery thereof, ap¬
Donald-Moore & Co., both of De¬
proving the legality of the bonds.
troit; Ballman & Main, Channer The purchaser shall furnish bonds
Securities Co., and Barcus, Kin¬
ready for execution at his ex¬
dred
& Co.,
all of Chicago, as pense. Bonds will be delivered at
follows:
the Galesburg Branch, First Na¬
$265,000 V/zS. Due on Sept. 1 from tional Bank & Trust Co., of Kala¬
1950 to 1959 inclusive.
mazoo, or such other place as may
235,000 31/4S.
Due on Sept. 1 be agreed upon with the pur¬

awarded

was

issue.

April 1, 1960, but prior to ApriT l,

Fractional Avondale
Sch. Dist. No. 10 (P. O. Auburn
Twp.,

cial

All of the bonds

for the

Rural Agricultural1
School District, Mich. '
Bond
Offering — Donald ' A.

1962.
Avon

3y2s. Only one

as

to

Sept. 26.

on

6 were
Gilbert &

Galesburg

$20

Au

Sept.

Donovan,

submitted

demption,
of each bond

Stone,

r

.

school

to 1964 inclusive. Bonds maturing
of in 1955 to 1964 may be redeemed
by at the
option of the District in; in¬

the bonds, payable to order of

Canfield,

to

was

of interest

multiples

are

of

A certified check for 5%

1, 1949. Second high bid of 100.Trust

bid

Village Clerk, will receive sealed
bids
until
7:30
p.m.
(EST)
on

Detroit.

offered

Co., of Lansing,

Park, Mich.
Offering—R. Don

Manufacturers

Lansing 6), Mich.
Sale—The $30,000

Bond

awarded

Allen
Bond

f

-

Ho*' 4
(P. O. 212 Weiland Road,

bonds

on

clusive.

Is

"

DeWitt Township Sch. Dist*

uled for Sept.

60,000 equipment bonds. Due
Oct.

York. ;

premium of $6.

MICHIGAN

from

Sale—The

Second high bid of 100.07
$214,000 13/4s, and ;
$642,000 iy4s, or a net cost of ;
about 1.41%, was made by Salo¬
mon
Bros.
& Hutzler,
of New
for $214,000 3s,

Co., of Jersey City,
high bidder, named a rate
a

1954.

and

1953

All of the bonds are dated June

Trust

0.78%, plus

Salem, Mass.
Bond

man

Housing Authority, Mass.
Sale—The
$358,000 first
offered on Sept. 8—

Note

series

B.

receive

office

the

Donovan

New York

on

/York City.
Clinton

for

Legality

livan,

for the purchase of $730,000 sec¬
ond series notes.
Dated Oct. 3,

1949

will

the

at

James

•—

Housing Board, 18 Tremont
St., Boston, until 11 a.m. (DST)

ing Board, 18 Tremont St., Boston,

v.

Offering
Chairman,

Ruane,

to

Kidder, Peabody & Co., jointly.
Note

of

on

1949

Second high; bid
iy4s was made by

Stuart

issue

000 second series notes offered

Detroit.

Chairman,

sealed

Sale—The

•//

1, 1949.

Uxbridge Housing Authority, Mass.
Note

and

•

1,025,000 series O street and alley
paving bonds: $205,000 Is, due
June
1, 1950; $410,000 iy4s,
due June 1, 1951
and 1952;
and $410,000 iy>s, due June 1,

ap¬

& Dodge, of Boston.

mer

Lowell Housing
Authority, Mass.
Note Offering—Francis H. Mc-

the

to

a

Legality

Hous¬

Housing Board, 18 Tremont St.,
Boston, until 11 a.m. (DST) on
Sept. 22 for the purchase of $700,-

Co., New York, and

Rockland-Atlas

Boston.

clusive.

Bank, of Boston, jointly, as iy4s
at a price of 100.419, a basis of

from 1955 to 1968 inclusive.

1949 and those

of

Chairman, will receive sealed

vey,

Barnstable, Mass.
Bond Sale—The $510,000 school
bonds offered Sept, 15 — v. 170,
p.

of

$18,000

and

1952;

1954.

proved by Storey, Thorndike, Pal¬

of

Massachusetts

Oct.

Halsey,

Sept.

on

office

Leominster

$25.

&

Bank

and

iy2s, due on June 1, 1953

De¬

est, expressed in a multiple of
V4 of 1%. Principal and interest
payable at the Merchants National

A.

ing Board, 18 Tremont St., Boston,
11 a.m. (DST) on Sept. 22
for the purchase of $328,000 first

Is,

of

1949.

Due $18,000 on
Aug. 1 from 1950 to 1954 inclusive.
Bidder to name the rate of inter¬

until

Bessemer Trust Co., Jersey

high bidder, named a rate
0.78%, plus a premium of

1,

1951

macadam

coupon

Aug.

nomination $1,000.

second

Authority, Mass.

Offering—John

the

at

pon

second

Dated

bonds.

Smith,
Chairman, will receive sealed bids

170, p.
the Second National Bank of Bos¬

City,

chase of $90,000

semer

«

Oct.

Andover Housing Authority, Mass.

p.

Co., Inc., New York, Northern
Trust Co., Chicago, Union Securi¬
ties Corp., New York,
Blair &
Co., Inc., Estabrook & Co., and

the

$100,000 first series notes. Dated

MASSACHUSETTS

bonds

offered Sept.
14—v. 170,
736—were awarded to a syndi¬
cate composed of Halsey, Stuart

of

office

Mitchell, of New York

Hull Housing

ton, at 0.78% interest, plus a pre¬
mium of $36.
Dated Sept. 19,
1949 and due Sept. 19, 1950. The

(State of)

the

at

City.

on

v.

Sept.

1949.

bids

State

was

Sons and John

Note

1

J.:

Laurence

—

Chairman, will receive

Housing Board,
until
11
(EST) on Sept. 22 for the
purchase of $100,000 first series
notes.
Dated
Oct.
3,
1949 and
due
Oct.
3, 1950. Legaliiy ap¬
proved
by
Caidwell,
Marshall,

sealed

1966 inclusive.

1967 to 1969 inclusive.

Offering

Monday, September 19, 1949

■

State

1.731%,
&

from

Sept.- 1 from

on

Note

Kennedy,

Second high bid Of 100.025
$160,000
2s,
$480,000
l%s,
$120,000 iy2s, and $240,000 iy4s,
or a net interest
cost of about

■1950 to 1955 inclusive.

11,000 3y4s. Due

premium

a

■

1949.

jointly.

$6,000 2%s. Due

0.78%, plus

Holyoke Housing Authority, Mass.

for

bonds offered

off

Bank

$10.

chase

1950 to 1952 inclusive;

640,000 l.%s. Due

The
Sch.

(P. O. Winnsboro), La.

Shawmut

000 second series notes. Dated Oct.

240,000 l3/4s. Due on Oct. 1 from
1969 to 1974 inclusive.

LOUISIANA
Parish

of

terest

pre¬

the date of

of

rate

a

Clerk's

numerical

interest date after

any

1950.

18,

follows: $4,000 from 1951
to 1955 inclusive; $5,000, 1956 to i
series notes. Dated Oct. 3, 1949
1962 inclusive; $6,000, 1963 to 1968
and due on Sept. 15, 1950.
Le¬
inclusive. $7,000, 1969 to 1972 in¬
gality approved by Sullivan, Dono¬
clusive; and $8,000 in 1973 and van
&*Heenehan, of New York
1974. Bidder to name the rate or
City.
•
rates of interest. Principal and in¬

Baker,

inclusive.

Aug.

Boston, second high bidder, named

will

Clerk,

Dated Sept. 19,

on

National

Trimble &

Bond Offering—James R.
Town

redemption.

ries

Oct.

Winnfield,

dated

miums depending on

Bond

on

1971 to 1974 inclusive.

p.

inclusive.

are

1952,

Franklin

Due

24,000 3s.

Bros. &

1966

demption,
order, on

1

inclusive.

Feb.

Due

bonds
and

1960

1965

Feb.

on

on

3y4s.

from

1949

to

Due

to

105,000
The

Due

Oct. 1 from

on

inclusive.

Oct. 1, as

County (P. O. Bowling
Green), Ky.

school

were

Due

improvement bonds. Dated Oct. 1,
1949. Denomination $1,000.
Due

KENTUCKY

The

due

a.m.

1970

to

net interest cost of about

1.6*5%,
as
follows:
bonds manuring
on
Oct. 1, 1951 to 1954 inclusive, as
l%s; 1955 to 1961
inclusive, as
V/zS, and 1962 to 1965 maturities

Due on Oct. 1 from
1961 inclusive.

to

42,000 2%s.

of

a

and

sealed

334,000 2l/zs.

Co

&

1949

CHRONICLE

FINANCIAL

premium of $12.

Rayne, La.
Details—The

Sale

Bond

in 1967 and 1968.

&

or

trust company

designated

the purchaser.
Legality, approved by Miller, Canfield," Pad¬
dock

&

Stone,

of

Detroit.

,

Volume

170

Number 4839

Gogebic

I

County (P.
Bessemer), Mich.

Note

(1131)
Jackson

O.

Offering—Adolph Mueller,

Chairman of the Board of
County
Road

Commissioners, will receive

sealed bids until 4 p.m.

(CST) on
Sept. 26 for the purchase of $30,-

000

not

to

exceed

5%

interest

May 1 from 1950 to 1954 inclusive.
Callable

at

and

par

in¬

accrued

terest

on
30 days' notice.
Prin¬
cipal and interest (M-S) payable
at Road Commission's office.
A

certified

notes,

check

for

payable

Road

to

5%

of

the

of

order

the

on

Sept.

is required.
for printing of

pay

School District
Grand

No.

2

tional

f SiNote

Sale—The $32,000 tax an¬
ticipation notes Offered on Sept.
12

170,

v.

1028 — were
awarded to Jones B. Shannon &
CO., of Detroit, at 2% % interest.
—

p.

the

to

and the Na¬
of Jackson,

■;

Pleasant, Mich.
Sale—The $190,0u0

Bond

interest

net

1.777%,

13/4S.

$170,000
1951

to

and

1949.

Due

bonds

July

1

from

1,

1968

are
dated Sept. 15,
maturing from 1960

are

callable

on

of

receive
(EST) on
Sept. 26 for the purchase of $50,interest

water supply system rev¬

coupon
enue

5%

exceed

to

not

Dated

bonds.

Denomination

Sept.

1,

1949.

Due April

$1,000.

premiums depending
"

on

the date

Dated

par.

1963

inclusive; $2,000 from 1964
inclusive, and $3,000 from

turing front 1973 tb 1979 are call¬
Mueller

able

1974, at a
price of 105. Principal and inter¬
est (A-O) payable at Detroit Trust
Co., Detroit.
A certified check
for 2% of the bonds, payable to

1950 to 1957 inclusive. Bonds

on

inverse

in

after

or

numerical

April

order

1,

order of the Township Treasurer,

is

required. Legality approved by
Miller,
Canfield,
Paddock
&
Stone, of Detroit.

Bond

ma¬

Saginaw, Mich.
— Carl
J.

Offering

Township

m'an,

ceive

sealed

Clerk,

bids

will

until

re¬

8

interest coupon water supply

system

bonds. Dated Feb.

revenue

&

p.m.

i<]EST) on Sept. 19 for the pur(Chase of $90,000 not to exceed
'4.%

Kindred

,1; 1949. Interest

Co.

1, as follows:
$19,000 from 1950 to 1953 in¬
clusive,
and
$20,000
from

h'ovi

and

Fractional Sch.

Townships

Dist.

No.

2

1954

(P. O. Northville), Mich.
Offering—Howard I. At-

certified

Bond

(F-A). Denomiration $1,000. Due April 1, as fol¬

until 8 p.m. (EST) on Sept. 22 for

$2,000 in

to

1953

1959," $3,000 in 1.960 V 1968, $4,000 in 1969,
and $5,000 in 1970 to 1978.
The
bonds will be subject to redemp¬
tion prior to maturity, at the op¬
tion

of the

numerical

Township, in

order,

interest

more

and

after

that

no

any

payment

inverse
one

dates

or
on

April 1, 1951, provided,

bonds less than the entire

then

issue

on

outstanding

shall

be

called for redemption at any time

prior to April 1, 1956. Each bond
called for

deemed
and

redemption shall be
the

at

accrued

re¬

value thereof

par

interest, plus

pre¬

a

mium in accordance with the fol¬

lowing schedule: $40 if called for
redemption on or after April 1,
1951, but before April 1, 1956; $30

jif; called for redemption
ter

April

1,

1956,

on or af¬
but
before

April 1, 1962; $20 if called for re¬
demption on or after April 1, 1962,
but prior to April 1, 1968; $10 if
called for redemption on or after
April 1, 1968, but before April 1,
1974, and no premium if called
for

redemption on or after April
l* 1974. Bids shall be conditioned
the unqualified opinion of

upon

Claude H. Stevens of Berry, Ste¬

Barbier & Evely of Detroit,
approving the legality of the
bonds.
The
cost
of said
legal
opinion and of the printing of the

vens,

bonds will be paid by the Town¬

ship.

Bonds will be delivered at

Detroit.

Enclose

cashier's

check

a

certified

or

for

$1,800, pay¬
able to the Township Treasurer.
V

certified

A

check

for

$1,800,

^payable to order of the Township
is required.
Legality
by Claude
H.

.Treasurer,
to

be

approved

Stevens
bier

&

of

Houghton
*

Note

Stevens,

170,

County (P. O.
ton), Mich.

p.

notes offered
836—were

Calumet,
1,

tional
named

Hough-

at

1y2 %

1950. The

Bank,
a

to

Bank, of

interest.

Due

Houghton

Na¬

second

rate of

9—

Sept.

awarded

the Merchants & Miners

Feb.

Bar¬

Sale—The $50,000 tax an¬

ticipation
v.

Berry,

Evely, of Detroit.

high bidder,

1%%.




check

for

A

$3,920,

payable to order of the City
Treasurer, is required.

wood, Secretary of the Board of
Education, will receive sealed bids

lows:

inclusive.

1959

to

92,000 se /er improvement bonds.

by

the

interest

chaser.

of

about

1.857%,

as

follows:;

Wakefield

1951

Due

or

Township Sch. Dist.
Wakefield), Mich.

(P. O.

Note Sale—The $40,000 tax an¬

ticipation

notes

on

Nov.

1

from

offered

Sept.

on

12—v. 170, p. 1029—were awarded

the

to

due

and

National

First

Wakefield.

$34,000 2s.

certified

a

Mich.

offered

cost

Enclose

cashier's check for $8,500, payable
to the District Treasurer.

$140,000 storm
on
Sept. 12
—v.
170, p. 1029—were awarded
to Stranahan, Harris & Co., Inc.,
Toledo, at a price of 100.08, a net

Dated

Bank

Sept.

16,
Jan. 15, 1950.

on

of

1949

1957 inclusive.

to

'

Due

bonds

1949

Bond

are

those

and

Nov.

1

from

dated

Sept. 1,
maturing from

1964 to 1973 inclusive are callable

after Nov.

or

on

ing

1, 1957, at vary¬
depending on the

premiums

date

of redemption.

bid

of

and

100.02

$58,000

for

2s

Second high
$82,000 l3/4s
made

was

by

Brauft, Bosworth & Co., IftC.
...

Bond

Utica, Michi

Offering

—

W.

Edward

water supply and sewage

bonds.
Dated Jan. 1, 1949. Denomination
$1,000. Interest J-J. Rate or rates
of interest to
be expressed in
multiples of J/4 of 1%. The bonds
for

callable

be

maturity

City

on

any

redemption

at the
one

or

option of
more in¬

terest

payment dates, in inverse

order

of

maturity, the bonds in

maturity to be selected by lot
commencing on July 1, 1954, at

any

par value thereof and accrued in¬
terest, together with a premium
on each bonds so called for re¬

demption

of

$30

if redeemed

in

1954, and at a premium for eaCh
bond reducing by $2 in each year
thereafter and

redeemed

(J-J)

H.

(EST)

on

Sept. 19 for the purchase of $110,not

000

interest

4%

exceed

to

special assessment street
improvement bonds. Dated Sept.

coupon

Interest M-S.

1, 1949.
000

Due $11,-

Sept. 1 from 1950 to 1959
inclusive.
Principal and interest
on

payable at the Detroit Trust Co.,
Detroit. Rate of interest to be ex¬

multiple of y4 of 1%.
$2,000, pay¬

a

able to order of the Village Treas¬

required.

is

urer,

furnish! printed

Village

will

legal
opinion of Miller, Canfield, Pad¬
dock & Stone of Detroit, at its
expense.

own

and

bonds

■

.

system f revenue

disposal

mium.

Clarence

A certified check for

Sept. i9 for the purchase Of $75,000 not to exceed 3y> % interest

the

—

Ladd, Village Clerk, will receive

pressed in

;,

Havel, City Clerk, will receive
sealed bids until 8 p.m. <EST) On

coupon

Offering

sealed bids until 8 p.m.

1973 inclusive.

1970 to

The

on

Wayne, Mich.

Nov. 1 from

on

to 1969 inclusive.

32,000 2s.

before

Faist,

will

Due Jan.

bonds.

•

Northville

Controller,

City

;

Sale—The

bonds

sewer

shall

receive
sealed bids until 7:30 p.m. (EST)
on Sept.
19 for the purchase of
$268,000 not to exceed 4% inter¬
100.10 for $45,000 3V2s and $30,000 est
coupon
special
assessment
New Boston), Mich.
3y4s, or a net interest cost of about bonds of 1949, divided as follows:
rBond Offering — Stanley Uch3.329%,
was
made
by
Barcus, $196,000
St r e e t
Improvement

,

Sturgis,
Bond

1974 to 1979 inclusive. Bonds ma¬

,

turing from 1955 to 1957 Inclusive
Aug. 1, 1949 and due on Oct. 1
are callable, in inverse numerical
frbm 1950 to 1960 inclusive.
order, on or after Aug. 1, 1954, at
Huron Township (P. O. Box 37, a price of 102. Second high bid of

■

will

Clerk,

Township

to 1973

ican

price

Hurontown), Mich.
Offering—Robert J. Hill.

made

was

Securities Co.

1958

1, as follows: $1,000 from 1952 to

-

3y4s

74,000 l3/4s. Due

July 1, 1954, or on any subsequent
interest payment date, at varying
of maturity.

for

Portage Township (P. O.

000

inclusive

a

sealed bids until 5 p.m.

inclusive.

$58,000 special
as 2%s, at a price of
assessment bonds offered Sept. 12 (jointly,
100.05, a net interest cost of about
—v, I70, p. 932—were awarded to
2.739% to maturity.
Dated Aug.
the
Communtiy State Bank, of
1, 1949 and due on Aug. 1 from
Grandville, the only bidder, as
a

iy4s and $68,000
net cost of about
1.397%, was made by the First of
Michigan Corp.
$95,000

or

Bond

istique, and the First and Amer¬
National Bank of Duluth,

Grandville, Mich.

Bond Sale—*!rhe

at

for

l%s,

about

1969.

Bonds

1969

of

Due on July

2s.

20,000

cost

1967

1957 to 1959 inclusive.

lrom

the First National Bank of Mari-

3%.

3 %s,

67,000 city portion bonds: $46,000
iy2s, due on Sept. 1 from
1950 to 1958, inclusive, and
$21,000 iy4s due on Sept. 1

follows:

as

Channer

052

mu¬

nicipal building
bonds offered
Sept. 7 — v. 170, p. 932 —were
awarded to Halsey, Stuart & Co.
Inc., Chicago, at a price of 1C0.21,
a

par

1, 1949. Second high bid of 100.-

Township Unit Sch. Diet.
(P. O. Gulliver), Mich.
Dated
Sept. 15, 1949 and due
i Band Sale—The $75,000 build¬
April 15, 1950. Stranahan, Harris
ing bonds offered on Sept. 7 —
& Co., Inc.,
Toledo, only other bid¬
,y:'Vl70, p.. 836—were awarded to
der, named a rate of
"

Sept. 1 from 1957 to 1959 in¬
clusive.

All of the bonds are dated Sept.

Mount

to

( P. O.

Blanc), Mich.

awarded

was

City Bank,
Bank,
both

The

Township Fractional

of

jointly, at 2% interest.

notes and legal opinion.
Grand Blanc

8

Jackson

Commission,

Purchaser to

issue

$280,000 tax anticipation notes offered

notes. Dated Oct. 1, 1949. Denomi¬

nation and form of notes at pur¬
chaser's option.
Due $6,000 on

(P. O. Jackson),
Michigan

County

Sale—The

Note

55

in

the bonds may be

1968

Principal

without
and

pre¬

interest

payable at the Utica Na¬

tional Bank.

Bids shall be condi¬

MINNESOTA
Columbia Heightsf Minn.
Bond

Offering—P, Thetj Olssori,

City Manager, will receive sealed
bids until 8 p.m. (CST) on Sept. 20
the

for
to

purchase of $325,000

exceed

3J/2%

interest

not

coupon

permanent improvement revolving
bonds.
Dated Aug. 1, 1949.
Due Aug. 1, as fol¬
lows: $30,000 in 1952 to 1961, and
$25,000 in 1962. Bidders to name

fund

Interest F-A.

rate

the

or

multiples
will

rates

of
be

Bids

to

lowest

interest to

of

interest

in

V4 or 1/10 of 1%.
preferred according

net
the

interest

cost; total

respective maturi¬

at the coupon rate or rates
specified, less any premium of¬
Principal and interest pay¬
able at any suitable banking insti¬
tution designated by the success¬
ful bidder. The city will furnish,
without cost to the purchaser and
within
40
days after sale,
the
ties

fered.

unqualified opin¬
purchaser's attorney
and $10,000 in 1958 and 1959. approving
the
legality of the
bonds.
Dated Sept. 1, 1949.
De¬
A certified check for $1,840, bonds. The cost of such opinion
nomination $1,000. Due $15,000 on
printed and executed bonds and
payable to order of the City and of printing the bonds shall
the
approving legal opinion of
April 1 from 1950 to 1960 inclu¬
be paid* by the purchaser.
Treasurer, is required.
;
Deliv¬
sive. Bonds maturing in 1954 to
Faegre & Benson, of Minneapolis.
All of the bonds are dated Sept. ery will be made at the above Each bid must be unconditional,
1960, may be redeemed at the op¬
bank.
Enclose
a
certified
or
1949.
Interest J-J.
Rate or
tion of the District in inverse nu¬ 1,
except as to legality which may
cashier's check for $1,500, payable
merical order on any interest pay¬ rates of interest to be expressed
be conditioned upon the opinion
to the City Treasurer.
in multiples of % of 1%. Denom¬
ment date on or after April 1,1953
of the above attorneys. Enclose a
ination $1,000. Bonds maturing in
at par and accrued interest to the
Van Buren Township Sch. Dist.
cashier's
or
certified
check
or
date fixed for redemption, plus a 1957 to 1959, will be subject to
bank draft for $6,500 payable to
(P. O. 501 West Columbia
the City Treasurer.
premium for each bond so re¬ redemption prior to maturity, at
Avenue, Belleville), Mich.
deemed as follows:
Bond Offering — Jewett Amer$25 on each the option of the City, in in¬
verse numerical
order, on any man, Secretary of the Board of
Cottonwood, Minn.
bond called for redemption prior
or
more
interest
payment Education, will receive sealed bids
to April 1, 1954; $20 on each bond one
Bond Sale—The $40,000 street
called for redemption on or after dates on and after Jan 1., 1953, at until 8 p.m. (EST) on Sept. 21 for grading and improvement bonds
April 1, 1954, but prior to April 1, par and accrued interest, on notice the purchase of $425,000 not to ex¬ offered Sept. 12—v. 170, p. 933—
1955; $15 on each bond called for published not less than 30 days ceed 3% interest coupon building were awarded to the Empire State
redemption on or after April 1, prior to the date fixed for re¬ bonds. Dated Oct. 1, 1949. Interest Bank, of Cottonwood, the only
Due bidder, as 2s.
1955, but prior to April 1, 1956; demption, at least once in a news¬ A-O. Denomination $1,000.
$10 on each bond called for re¬ paper or publication circulated in April 1, as follows: $75,000 in 1950
Granada, Minn.
demption on or after April 1, 1956, the City, which carries as a part and 1951, $30,000 in 1952, and $35,but prior to April 1, 1957; $5 On of its regular service, notices of 000 in 1953 to 1959.
Bonds ma¬
Certificate Sale
The $20,000
each bond called for redemption the sale of municipal bonds. Prin¬ turing in 1954 to 1959, may be re¬ water main improvement No.
1
on or after April 1, 1957, but prior
cipal and interest payable at the deemed at the option of the Dis¬ certificates of indebtedness offer¬
Second National Bank and Trust trict in inverse numerical order
to April 1, 1958. No premium shall
ed on Sept. 9—v. 170, p. 933—were
Rate or rates of on any interest payment date on awarded to the Perham State
be paid on bonds called for re¬ Co., Saginaw.
interest to be in multiples of J/4 or after April 1, 1953, at par and
demption on or after April 1, 1958.
Bank, of Perham, as 2y4s, at a
Bids shall be conditioned upon the of 1%. The bids shall be condi¬ accrued interest to the date fixec
price of 100.062, a basis of about
tioned upon the unqualified opin¬ for redemption, plus a premium
unqualified
opinion
of
Miller,
2.24%.
Dated Sept. 1, 1949 and
Canfield, Paddock & Stone, of De¬ ion of Claude H. Stevens of Berry, for each bofid so redeemed as fol¬ due on Sept. 1 from, 1951 to 1960
troit, which opinion will be fur¬ Stevens, Barbier & Evely of De¬ lows: $20 on each bond called for inclusive.
Second
high bid of
nished, without expense to the troit, approving the legality of redemption prior to April 1, 1954; 100.13 for 3y4s was made by M. H.
purchaser prior to the delivery the bonds. The cost of the legal $15 on each bond called for re¬
Bishop & Co.
thereof, approving the legality of opinion and of the printing of the demption on or after April 1,1954,
the
bonds.
The
purchaser shall bonds will be paid by the City. but prior to April 1, 1955; $10 on Houston County Common School
furnish bonds ready for execution Bonds will be delivered at De¬ each bond called for redemption
District No. 1 (P. O.
at his expense. Bonds will be de¬ troit, or such other place as may on or after April 1, 1955, but prior
LaCrescent), Minn.
livered
at
the
be
to April 1, 1956; $5 on each bond
agreed upon with the pur¬
Depositors State
Bond Offering—William N. Ol¬
Bank of Northville, or such other chaser.
called for redemption on or after
son,
District Clerk, will receive
place as may be agreed upon with
April 1, 1956, but prior to April 1, sealed bids until 3
p.m. (CST) on
the purchaser. Enclose a certified Saginaw Township School District 1957.
No premium shall be paid
Sept. 27 for the purchase of $150,No. 4 (P. O. Saginaw), Mich.
or cashier's check for $3,300, pay¬
on bonds called for redemption on
000 coupon building bonds. Dated
Bond Sale—The issue of $27,- or after April 1, 1957. Bids will be
able to the District Treasurer.
May 1, 1949.
Due Jan 1, as fol¬
000 school bonds offered on Sept. conditioned upon the unqualified
lows: $6,000 from 1951 to 1960 in¬
Port Huron, Mich.
13—v. 170, p. 1029—was awarded opinion of Miller, Canfield, Pad¬
Bond V Sale—The $163,000 cou¬
clusive, and $9,000 from 1961 to
to Samuel V. Allen, of Saginaw, dock & Stone, of Detroit, which
1970 inclusive. Principal and in¬
pon
paving
bonds
offered
on
as
3*4s, at a price of 100.254, a opinion will be furnished, without
terest payable at place designated
Sept. 12—v. 170, p. 1029—were basis of about 3.20%.
expense to the purchaser of the
awarded to Braun, Bosworth &
A certi¬
Dated July 1, 1949 and due on bonds prior to the delivery there¬ by the successful bidder.
fied check for $3,000, payable to
Co., Inc., Toledo, at a price of July 1 from
approving the legality of the
Due Jan.

the purchase of $165,000 not to ex¬
ceed 4 % interest coupon building

■

tioned upon the

from

ion

1, as follows: $9,000
1950 to 1957 inclusive,

of

the

r

—

100.269,
about

a

interest

net

1.327%,

as

cost

of

follows:

and

1950

to

$30,000

1956

1%'s,-

from 1956, bonds. The purchaser shall fur¬
July 1,1956, nish bonds ready for execution at
or
on
any
subsequent interest his expense. Bonds will be deliv¬
payment date, at varying pre¬ ered at the Peoples State Bank of
miums depending on the date of Belleville, or such other place as
redemption. Second high bid of may be agreed upon with the pur¬
Bonds

to 1959

$96,000 special assessment bonds:
$66,000 IV2S, due on Sept. 1
from

195Q to 1959 inclus¬ of,

ive.

inclusive,
due

on

are

maturing

callable

on

order of the District Treasurer, is

required. Printed bonds and legal

opinion of Dorsey, Colman, Bar¬
ker, Scott & Barber, of Minne¬
apolis, will be furnished the suc¬
cessful bidder.

56

THE

(1132)

Martin
No.

Stearns and Pope Counties Joint

County Indep. Sch. Dist.

1

1029—were

p.

&

awarded

Wee-

to

Co., of San

Francisco, at
price of 100.093, a net interest
cost of about 1.61%, as follows:

$200,000

lV2s.

Due

Sept.

on

1

from 1952 to 1962 inclusive.

100,000

l%s.

from
The

1949

Due

1963

bonds

to

accrued

Sept.

maturing

thereafter

and

and

1

inclusive.

dated

are

those

and

Sept.

on

1966

in

1,

1963

callable at par

are

interest,

in inverse
numerical order, on Sept. 1, 1962
and on any subsequent interest
payment date. Second high bid
of

for

100.81

I%s

of

all

bonds

the

as

made by the Northwest¬

was

National Bank of Minneapolis.

ern

'

Bond Offering—A. E. Swenson,
City Clerk, will receive sealed
23

for

(CST)
purchase of

the

Sept.

on

$100,000

swimming pool bonds. Dated Oct.
1/ 1949. Denomination $1,000. Due

$20,000 Jan. 1, 1951 to 1955. Prin¬
cipal and interest payable at any
.suitable

bank'

trust

or

company

designated by the successful bid¬
der.

Bonds to bear interest at the

rate

specified

bidder.

the

successful

All bids must be

ditional
rate.

by

and

state

uncon¬

interest

one

The bonds will be delivered

at the

purchaser's office within 30
days after date of sale.
The City

will

furnish
the
printed bonds
approving legal opinion of
Faegre & Benson of Minneapolis,
and

without cost to the purchaser. En¬
close a certified or cashier's check

for $2,000, payable to the

bids until 8

(CST)

p.m.

Sept.

23 for the purchase of
$37,000 cou¬

bonds, divided

pon

follows:

as

Clerk, will receive
(CST) on

water

works

bonds.' De-

*

nomination $1,000.

Due Feb.

~

1, as follows: $1,000 in 1951
to 1959, $2,000 in 1960 to 1963,
and $3,000 in 1969.
All bonds

'

;

<

maturing
to

|

be

after

subject

Feb.

and prepayment

i

said date

on

and any interest payment

:

j

1, 1959,
redemption

to

date

thereafter

order

•

of

in

serial

inverse

numbers

at

a.

premium of $30 for each bond

;

called.

so

7,000

$500. Due $500

.

1951 to

Feb. 1 from

on

1964 inclusive.

Dated Aug. 1, 1949.
Principal
and interest payable at
any suit¬
able
banking institution desig¬
nated
by the successful bidder.
Bonds of each issue will be
gen¬
eral

obligation

The

the

bonds
rate

will

y4

will

of

interest

•

000 in 1952 to 1966, $8,000 in 1967,
and $15,000 in 1968.
All bonds

maturing after Sept. 1, 1964, are
subject to redemption on said
date, and on any interest payment
date thereafter, at par and ac¬
crued interest in inverse

cal order.

numeri¬

Split rate bids will be

accepted, in
tiples of 1/10

a

multiple

V4 of 1%.

or

mul¬

or

Prin¬

cipal and interest payable at any
suitable banking institution desig¬
nated by the successful bidder.
in

30 days

from date of sale, or
at
the
option of the

thereafter

purchaser.

The

approving legal
opinion of Faegre & Benson of
Minneapolis, as well as printed
bonds

will

be

furnished

of

the

issues,
40

days

without
after

sale, the printed and

award

executed

bonds

and
the
approving legal
opinion thereon of Harold W.

Moody

of

St.

Paul, and Briggs,
Gilbert, Morton, Kyle & Macart¬
ney of St. Paul.
Delivery will be

made

at

the

office, or in
Paul, without
chaser
pense

Village Treasurer's
Minneapolis or St.
cost

elsewhere

or

to

the

at

of the purchaser.

fied check

for 2%

pur¬

the

A certi¬

of the amount

of each

issue, payable to the
lage Treasurer, is required.
St.

,

Louis

ex¬

Vil¬

—were

awarded

to

the

Allison-

Williams

Co.,

2^s, at

price of 100.133,

a

of

of about 2.454%.
1949

and

1950

to

due

1954

high bid of
by
of

par

Minneapolis,
Dated

on

Sept.

inclusive.

for 23/4s

a

Sept. 15,
15

^




from

Second
was

Northwestern/National

Minneapolis.

as

basis

made,
Bank

c

*

less

without

Enclose

for

draft

cashier's

$2,500,

check

a

or

cer¬

bank

payable to

the

District Treasurer.

Washington

cost

the

to

Common
Sch* Dist. No, 62 (P. O.
Lake DeMontreville Rocd,
Route 6, St. Paul), Minn.

Bond

Offering—Edward B. Zaspel, Chairman of the School
Board, will receive sealed bids
until 8 p.m. (CST) on Sept. 22 for

bid.

Enclose

certified

a

cash¬

or

ier's check for $8,000, payable to
the

check
or
exchange
payable to the City.

Kosciusko,
Bond

MISSISSIPPI

Bond

Miss.

Offering—W. B. William¬
until

7:30

Oct.

(CST)
purchase of

p.m.

the

20 for

1, 1950
Principal and interest to
Feb.

be

payable at a place to be desig¬
nated by the purchaser subject to
approval of the City Council. Bid¬
ders

requested to designate in

are

rate

rates likewise to be

or

in

nated

their

however,

desig¬

bids, provided,

that

all

of

bonds

maturity shall bear interest

same

at the

same

rate which shall be

multiple

even

Vs

of

The

1%.

of

an

City will furnish the legal opinion
Charles

&

Trauernicht

St.

of

at

fore Nov. 1, 1949, in Greenville or

designated by the
successful bidder in an
integral
multiple of V\ or 1/10 of 1%.
Principal and interest will be
made

payable

at any

suitable

bank

or trust company designated
by the successful bidder. No bid

of less than

will

District
and

par and accrued

be

will

considered.

furnish

executed

in¬

the

bonds and

The

the

certified

cashier's

or

b Ie

p ay a

to

check

the

for

District

Treasurer.

Worthington, Minn.
Bond

Offering—G. S. Thomp¬
City Clerk, will receive seal¬
auction

(CST)

Sept.

on

bids

26

at

7:30

p.m.

the

pur¬

for

or

New

to

the

will

be

of the

pense

bonds.

will

be
be¬

Miss., Memphis, Tenn.,
Orleans, La., without cost

purchaser.

where

the

bonds

the purchaser on or

to

Jackson,

of

the

of

certified

exchange

Delivery else¬

made

the

at

purchaser.

ex¬

Enclose

cashier's

or

for

check,
payable

$4,000

to

Gulf port,
Bond

Offering

Deputy City

Miss.
—

Clerk,

Edna

will

Scott,

receive

Due $20,000 Oct. 1,

are

numerical order, on Nov.

bonds will

be

issued either according to Plan A
or
Plan B as herein defined, as
,

determined

by

the

City

Council
receipt and consideration of

after

be

to

redeemable, in inverse
1950,

1,

interest payment date
thereafter, at par and accrued in¬
terest, plus a premium reducing
or

on

any

from $30.00 at the rate of $2.50
bids.
If issued according to Plan «for each calendar
year, so
that
A, all bonds will mature as afore¬ oonds shall be redeemed at a pre¬

said without option of prior pay¬
ment.
If issued according to Plan

B, bonds maturing in 1961 to 1970
will

each
and
of

be

of

the

on

serial

City

any

subject to redemp¬

prepayment

in

numbers,

inverse
at

par

interest, at the option
on Oct. 1, 1959, and

interest

payment

date

election

on

series

highway

fered

Sept.

about

1961 to

1,

1954,

ment

or

on

date

1966,

be
in

may

redeemed

April

on

interest

any

thereafter

interest.

accrued

at

pay¬

and

par

Legality

ap¬

proved by Charles & Trauernicht
of St. Louis.

School District (P. Oi
Harlem), Mont.

170,

of

follows:

dated

are

callable

are

on

interest

net

a

the

entered

second

for 21/2s.

par

NEVADA
Las
Bend

000

Vegas, Nev.
issue cf $350,airport bonds was-

Sale—An
and

sewer

recently

purchased

by Wheelock^
Moines, as 3s;

& Cummins of Des
at

Aug.

in

price of 100.22.

a

tional

1,

of

inverse

after Feb.

or

cost

made by

of

Due

on

July

for

& Co.

Nuveen

NEW JERSEY

syndicate

Co., New

Associated

1964.

inclusive; op¬
Second high bid
3s was
made
by

Collingswood School District, N. J.
Bond
Sale—The $300,000 cou¬
pon school bonds offered Sept. 8

about

a

headed by Ira Haupt &
York.

was

in

100.10

John

1, 1958. Second high bid of 100.03
for
$395,000
3s,
$310,000
23/4s,
$920,000 2V4s and $3,375,000 2V2s,

2.494%,

Montana

high bid of

awarded

1 from 1950 to 1969

numerical order

or

rj(

on

933—were

Aug. 1, 1963 inclusive.

bonds

and

of

(P. O. Stevensville),

p.

1971.
The

Board

County School District

bonds offered

1,275,000 2%s. Due ffom Feb. 1,
1968 to Aug. 1, 1970 inclusive.
1,020,000 2V2s. Due on Feb. 1,

1949

State

$85,000 school
Sept. 13—v. 170,
to Piper,
J affray & Hop wood, of Minne¬
apolis, as 2V2s, at a price of 100,705. Dated July 1, 1949. The State

836—

p.

the

Montana

a

as

to

Sale—The

Bond

1,455,000 2%s, Due from Feb. 1,
1964 to Aug. 1, 1967 inclusive.

170,

—v.

Butcher

837—were awarded to

p.

&

of

Sherrerd

Philadel¬

phia, and Dominick & Dominick
of New York, jointly, as 1.60s, at

with

Halsey, Stuart
& Co., Inc., in the offering were
Blair & Co., Inc.; Scharff & Jones,
Incorporated; White, Hattier &
Sanford; Newman, Brown & Co.,
Inc.; Hemphill, Noyes & Co.; Otis

price of 100.037, a basis of about
Dated Oct. 1, 1949 and

a

1.595%.
due

Oct.

on

1950 to

from

1

Second

1967

bid of
100.067 for l%s was made by. the
Camden Trust Co., Camden.
inclusive.

high

100.319

Bidders

are

Due

185,000 2% bonds.

Due

Haddon

15 from 1968 to 1973 inclusive.

15,
The

Aug.

on

1974.^
bonds

dated

are

Aug.

15,

at

Dated

Principal and interest

Interest

shall

however, that all

of the bonds of the
bear

interest

same

redemption.
Principal and interest payable at
any suitable banking institution
designated by the successful bid¬

rate, which shall be

der.

designates. These bonds

tiple of

%. of

interest

on

able

such

at

the

take* up,

pay

an even

sum

the
are

bonds

were

the election held

mul¬

will

and

bonds to : be. pay¬
as

These

the

bidder
issued

of. $715,000 to

and redeem Harbor

single r^ .of ipterest for all the Improvement, .Fourth Series bonds

constitute

Denomina¬

Office

Depository,

same

1%. Principal

place

to provide the

maturity
the

at

(F-A).

of

authorized

on

valid

June

sive.

the

for

City.

Yazoo

at

and

p.

therein ..without
or

amount.

as

to

Z U"

...

*

Z■

/

to

and

due

1969

on

inclu¬

high bid for 100.01
by the Cam¬
Camden.

made

Township

Sch.

Dist.

offered

Sept.

12—v.

837—were awarded to

a

170,

group

composed of W. H. Newbold's Son'
&

Legality approved

by Charles .& Trauernicht of- St.
Louis, "ij

170,

Bond Sale—The $150,000 school

property

limitation

v.

—•

(P. O. Mullica Hill), N. J.

taxes

rate

1949

1950

was

Harrison

April 22 and

taxable

1,

from

Second

2.15s

bonds

all

June
1

den Trust Co.,

legally
binding general obligations of the
County^ payable from ad valorem
upon

13

837—were awarded to Butcher
& Sherrerd, of Philadelphia, and
Ira
Haupt & Co.,
New York,
jointly, as 2.15s, at a price of
100.077, a basis of about 2.143 %':
p.

Aug.

on

Heights Sch. Dist., N, J,

bonds offered Sept.

15 from 1961 to 1967 inclusive.

tion $1,000.

rates

of

was

Bond Sale—The $250,000 school

Aug.

on

bearing interest at

or

2.70s

$599,000

Aug.

on

1949.

rate

for

1975

bid

high

Van

15 from 1955 to 1960 inclusive.

the price they will pay for bonds
a

Second

by a group composed of B. 5.
Ingen & Co., Julius A. Rippel, Inc. and J. B, Hanauer & Co;

Aug.

on

15 from 1950 to 1954 inclusive.

re¬

quested to designate in their bids

June 1 from 1951 to

on

inclusive.

made

$75,000 3 % bonds.

35,000 2^4 % bonds. Due

premium.

composed of Boland, Saffin &r

due

bonds
out

933—were awarded to a syndi¬

trial plant bonds, divided as fol¬
lows: '

210,000 214% bonds. Due

with¬

p.

cate

Orleans, have purchased
$750,000 general obligation indus¬

portionately reduced premiums in
each succeeeding year until 1962,
in which and subsequent years the
redeemable

Sch.

Co., New York, J. S. Rippel &Z
Co., MacBride, Miller & Co., both*
of Newark, and Rogers, Gordon*
Yazoo County (P. O. Yazoo City),
& Co., New York, as 2.65s, at a
M issi ssi ppi
price of 100.093, a basis of about
Bonds Sold—Weil & Arnold, of
2.642%.
Dated June 1, 1949 and
New

mium of $27.50 in 1951 and at pro¬

be

Pater son

Bond Sale—The

Co.; A. Webster Dougherty &
Co.; Leftwich & Ross; Sterne,
Agee & Leach and R. S. Hecht &

245,000 2^4% bonds. Due

shall

Dist., N. J.
$600,000 school
bonds offered Sept. 13 — v. 170,
East

&

to

Thet bonds will bear interest
at a rate specified by the success¬
ful bid4er^ Bidders.must specify a

13—v.

2.481%,

County

for

to

and

No. 2

$395,000 2s. Due from Aug. 1, 1958
to
Aug. 1, 1960 inclusive.
855,000 2^4s. Due from Feb. 1,

payable

called

1955

paid

16th

syndicate
headed by Halsey, Stuart & Co.,
Inc., New York, at a price of
100.003, a net interest cost of

bids, provided,

holder, if known, of each

in
in,

Ravalli

bonds of¬

revenue

awarded to

were

likewise to be designated in their

so

turing
called

inverse numerical order

(State of)

Sale—The $5,000,000

Bond

thereafter upon 30 days' prior no¬

the

1,

(A-O). Denomina¬
tion $1,000. All of said bonds ma¬

Commissioners, the only
bidder, as 2y2S, at a price of par.

an

Aug. 10.

Mississippi

tice of call for redemption mailed
to the bank at which payable and
bond

June

dated

are

Co.

The

1970.

bonds
Interest

Land

authorized at

were

1967, $113,000 in 1968, $112,000 in
1969, $113,000 in 1970, $112,000 in

nation

$1,000.

from

Bond Sale—The issue of $25,000
building bonds offered Sept. 9 was

on

& Co.; R. S. Dickson & Company,
Incorporated; First of Michigan
Corporation; Weil & Arnold; Hayden, Miller & Co.; Kebbon, McCormick & Co.; Watkins, Morrow

1971, $113,000 in 1972, $112,000 in
1973, and $113,000 in 1974. Bonds
maturing in 1951 and thereafter

to

1

MONTANA

(CST) on
Sept. 22 for the purchase of $2,250,000 harbor improvement, fifth
series bonds.
Dated Nov. 1, 1949.
Denomination $1,000. Due Nov. 1,
as follows: $45,000 in 1950 to
1954,
$90,000 in 1955 to 1964, $112,000 in
1965, $113,000 in 1966, $112,000 in

sealed bids until 2 p.m.

chase of $400,000 coupon hospital
bonds. Dated Oct. 1, 1949. Denomi¬
1951

April

on

Harlem High

Miss.

or

the City.

ap¬

proving legal opinion of Faegre &
of
Minneapolis, without
cost to the purchaser, within 30
days after award of sale. Enclose

$900,

validation

printed

Benson

a

the

Delivery

a

The
1949.

awarded

the

made

be

about

of

164,000 21/8s. Due on April 1 from
1954 to 1966 inclusive.

The bonds

1949. Denomination

1,

1970. The bonds will bear interest

to

cost

1950 to 1953 inclusive.

Sept. 19 for the
purchase of $135,000 school bonds.

bonds.

sewer

Due $10,000

to 1969.

of

$36,000 3s. Due

Offering—The City Clerk

(CST)

p.m.

City Clerk, will receive seal¬

Dated

of

price of 100.178,

a

follows:

as

$45,000,

will receive sealed bids until 7:30

Greenville,

Louis, and will pay for the print¬
ing of the bonds and the cost

rate

for

City, at

interest

net

2.145%,

sold

was

Eisen & Waeckerle, of

Lucas,

City Treasurer.

purchase of $45,000 coupon
building bonds. Dated Oct. 1,, 1949.
Due Jan. 1, as follows: $2,000 in
1.951 to 1965, and $3,000 in 1966 to
a

Trauernicht

Delivery of the bonds

and

their bids the price they will pay
for bonds bearing interest at a

County

ing and printing of the bonds and

will be made at the

the

Aug. 29.

approving

public hospital bonds

Kansas

secured

delivery thereof to the purchaser will be made on
City's expense Nov. 1, 1949, in Gulfport, without
at Worthington or Minneapolis, as cost.
These are the bonds author¬
selected by the p u r c h a s e r, and ized at the election held on July
within 30 days after acceptance of 26. Enclose a certified or cashier's
purchaser,

by

or

of the City, and
by a first mort¬
the said harbor facilities.

O.

Mo.

Sold—An issue of $200,-

Bonds

a

(P.

County

Kenneth),

facilities

be

of St. Louis.

both

$1,000.

on

harbor

will

apolis,

as

tified

ail

of

property in Harrison
County, and from the revenues
arising from the operation of the

the fee of Charles &

ion

held

valuation

legal opinion of Dorsey, Colman,
Barker, Scott & Barber of Minne¬

$200,000 water and

election

assessed

gage on

bids

an

the

The City will pay for the validat¬

Sept.

at

va¬

each $1.00

executed bonds and the

ed

authorized

ad

an

on

premium offered.
The
City will furnish the printed and
any

on

were

payable from

taxable

ditional upon the legal opinion of
the above attorneys, whose ' un¬

legality must be accepted
purchaser.
These bonds

be

State, ap¬
The bonds

1948.

lorem tax of 2 mills

plans is selected, the bids will be

preferred according to lowest net
interest cost computed as total in¬
terest to the stated maturity dates,

be unconditional, except as to le¬
gality, which may be made con¬

to

will
of

son,

and accrued

^

and accrued interest will be
Whichever of said

par

valid and binding general obliga¬

order

Certificate Sale — The $7,500
municipal equipment certificates
offered on Sept. 12—v.
170, p. 1029

on

tions of the District. All bids must

tion

Park, Minn.

devel¬

and

opment of the Port of Gulfport, as
authorized by Chapter 743, Local

considered.

without

at

cost

bid in the alternative
each plan.
No bid of less than

cost
to
the
purchaser.
In
the
opinion of counsel these bonds are

1/10 of 1%.
The Village
son,
furnish to the purchaser of' ed and
within

Dunklin

to

designated by
integral multiple

an

improvement

MISSOURI

the

for

proved April 9,

or

each
and

bear

bonds.

further

$1,535,000

bidder may

rates

or

the bidders in
-of

negotiable

Plan A or
but any

to

of

Sept. 20 for the purchase of $98,building bonds. Dated
Sept. 1, 1949. Denomination $1,000.
Due Sept. 1, as follows: $5,000 coupon

terest

bonds. Denomination

sewer

according

1949, and to provide

1,

sum

000

the

$30,000

issued

the

and Private Laws of the

City.

on

must show whether it is for bonds

Nov.

on

Monday, September 19, 1949

Plan B, as above defined,

Odessa, Minn.
Bond Offering—LeRoy
Streim,
Village Clerk, will receive sealed

CHRONICLE

sealed bids until 2 p.m.

The bonds will be delivered with¬

Montevideo, Minn.

bids until 2 p.m.

District

gen,

FINANCIAL

&

bonds, the rate stated to be in a
multiple of y4 or 1/10 of 1%. Each
bid must be for all bonds, and

Indep. School District No. 145
(P. O. Brooten), Minn.
Bond Offering — Gilman Hau-

(P. O. Fairmont), Minn.

Bond Sale—The $300,000 build¬
ing bonds offered Sept. 14—v. 170,
jden

COMMERCIAL

Co., E. H. Rollins & Sons, and

C. C. Collings &
•

delphia^

as

Co., all of Phila¬
2Vfes, at a price of

100.108,
Dated

Aug.

basis of about

a

Aug.

v.

the Princeton Bank & Trust
Co.,
as
1.40s, at a price of 100.004, a
basis of about 1.39%.
Dated Oct.

on

inclu¬

1979

high bid of 100.307
by J. B. HanSchmidt, Poole &

Key port, N. J.

Jr.,

Treasurer,

sealed

<EST)

bids

Sept.

on

water bonds.

will

26

the

for

pur¬

Oct.

Dated

inclusive, and $1,000 in 1967.
Principal and interest (A-O) pay¬
able at the Keyport Banking Co.,
Keyport. Bidder to name a single
xate of interest, expressed in a

multiple of Vsth

or

check

l/20th of 1%.

for

2%

of

the

bonds, payable to order of the
Borough, is required. Legalty ap¬
proved
by
Caldwell, Marshall,
'Trimble & Mitchell, of New York
<t

Metuchen, N. J.

Oct.

on

inclusive.

to

offered

8—v. *170, p.

Sept.

price of 100.136, a basis of
bonds

The

1.569%.

about

until

,

8

(DST) on Sept.
23 for the purchase of
$25,000 not
to

exceed

p.m.

6%

interest coupon or
water main extension

registered

Dated

Oct.

River.

(P.O. Leonardo), N. J.
Bond Sale—The $207,000 school
bonds offered Sept. 8—v. 170, p.
:933—were
awarded
to
Boland,
s

York, as 2lUs,
.at a price of 100.317, a basis of
about 2.205%. Dated July 1, 1949
and due on July 1 from 1950 to
1968 inclusive. The bonds matur¬
Baffin & Co., New

beginning

ing

-callable

on

Jtily 1, I960

are

July 1, 1959, or on any

2.40s.

Sale—The

$40,000

bonds

water

offered

on

Sept. 12—v. 170, p. 933—awarded
to
Roosevelt
&
Gross, of New
York, as 1.40s, at a price of 100.022,
basis

a

Oct.

1,

from
ond

Bidder

to

name

a

the

A

June

certified

bids

no

check

of

about

1949

1950 to

1.395%.

Dated

and

due

1957

inclusive.

high bid

of

Oct.

on

100.265

for

iy2s

Marine

1.70s, at

Trust

Co., Buffalo, as
price of 100.192, a basis

a

on

3.)
NEW YORK

Candor,

and Caroline

Spencer

Central Sch. Dist, No. 1 (P.

O*

Candor), N. Y.
Bond Offering

Lloyd Silsber,

—

District Clerk, will receive sealed
bids until 2 p.m. (EST) on Sept.
to

purchase of $300,000 not

exceed

5%

registered

interest coupon

school

bonds

of

or

1949.

Dated Nov. 1, 1949.

$1,000.
from

to

der

Denomination
$15,000 on Nov. 1

Due

1950

1969 inclusive.

to

Bid¬

single rate of in¬
terest, expressed in a multiple of
V\ or 1/10 of 1%.
Principal and
name

interest
First

a

(M-N)

National

certified

able

to

payable

Bank,

check
order

for

the

of

the

at

Candor.
$6,000,

A

pay¬

District,

is

New York
Bond Sale—The $190,000 drain¬
age bonds offered Sept. 13—v. 170,

(1133)

City Housing Authority,
New

Note

rell, Chairman, will receive seal¬
noon (DST) on Sept.
20 for the purchase of $18,615,000

Hutzler, Mercantile-Commerce
Trust Co., Alex. Brown &

EsanK &

Sons, Lee Iligginson Corp. W. E.
Wetden & Co.

Hutton & Co. arid

Onondaga County (P.O.

temporary loan notes.

Syracuse), N.

Dated Oct. 17, 1949 and due April

17, 1950.

Offering—Oliver S. Cane,
County Auditor, will
receive
sealed bids until 3 p.m. (EST) on

Trust Co., New York
Legality to be approved by
Caldwell, Marshall, Trimble &
Mitchell, of New York City.

City.

Sept. £-3 for the purchase of $1,425,000 not to exceed 4% interest
coupon

New

York

City, N. Y.
City Comptroller
Joseph
on
Sept.
12

Sale

Lazarus

Due Nov. 1,
$15,000 from 1949
to 1975 inclusive, and
$20,000

$20,000,000

Oct.

on

26,

notes

were

allotted

following amounts:
$11,921,000—The

in

in

Ley

ment

the

*

National

to 1967

to 1970
'

from

1971

Bonds

The

City of New York.
$6,636,500 — Guaranty Trust
Company of New York.

treat¬

inclusive; $35,000, 1954
inclusive; $40,000 1968
inclusive; and $45,000

.

City

Sanitary

District

plant bonds. Due Nov. 1,
$30,000 from 1950

to 1953

'

Creek

Sewer

follows:

as

$11,030,500—The Chase National
of

1976.

Trunk

Bank of New York.

Bank

follows:

1,000,000

$20,000,000 Oct. 28, 1949,
$25,000,000 on Nov. 1,1949.

The

of

extension bonds.
as

trust companies in the city.
The
notes are dated Sept. 13, 1949 and

and

registered bonds
as follows:

$425,000 Ley Creek Trunk Sewer

$65,000,000
1 Vs %
tax
anticipation notes to 25 banks and

1949;

or

1949, divided

—

awarded

mature

Y.

Bond

Payable at the Chemi¬

cal Bank &

Note

57

group composed of Salomon Bros;
&

York

Offering—Thomas J. Faf-

ed bids until

1

Sec¬

for

received

were

New York

issue XLII

Groton, N. Y.
Bond

of about 1.633%,
Dated Oct, 1,
$500, 1949 and due on Oct. 1 from 1950
payable to order of the Borough, to 1954
inclusive. Second high bid
is required. Legality approved by
of 100.18 for 1.70s was made
by
J. Randolph Appleby, III, of South
George B. Gibbons & Co,
River.
(This offering takes the
Hempstead (P. O. Hempstead),
place of the issue of $24,000 for

1%.

28 for the

Township School Dist.

inclu¬

1959

to

1, 1949.-

single rate of interest, expressed
in a multiple of Vsth or l/20th of

:Sept. 1 from

«& Co.

1950

—

are

1949 and mature on
1950 to 1969 inclujsive.
Second high bid of 100.18
for 1.70s was made by Campbell

from

was made
by the Marine Trust Co.
De¬
nomination $1,000. Due Oct. 1, as of Buffalo.
follows: $3,000 from 1950 to 1956
Haverstraw, N. Y.
inclusive, and $4 000 in 1957. Prin¬
Bond
Sale
The $14,700 fire
cipal and interest (A-O) payable
truck
bonds
offered
Sept. 14—
at the
First National Bank, of
v. 170, p. 1030—were awarded to
South

bonds.

-dated Sept. X,

Middletown

Sept. 1

First

The

Offering—EarleG. Sparks,

Rippel, Inc. of Newark, as 1.60s,
a

basis of about 2.226%.
1/ 1949 and due on

a

Sept.

sive.
Tilney & Co., New York,
only other bidder, offered 100.16

Borough Clerk, will receive sealed
bids

CHRONICLE

for

1030—were awarded to Julius A.

at

100.12,
Dated

FINANCIAL

from

1

Spotswood, N. J,
Bond

school which

Bond Sale—The $240,000

ibonds

1959

awarded

&

improvement

p.m

1966

City.

and due

to

re¬

8

until

1, 1949.
Denomination, $1 000. Due Oct. 1,
as
follows: $2,000 from
1950 to

certified

1949

Birch,

chase of $35,000 not to exceed 6%
interest
coupon
or
registered

A

1,

1950

933—were

p.

1.45s.

Offering—George

Borough

ceive

170,

National Bank of Princeton, the
only other bidder, offered par for

Co., jointly.

Bond

COMMERCIAL

due

made

was

Co. and

&

auer

THE

1.491%.

and

to

1950

Second

for 2.55s

1949

1,

from

1

sive.

Number 4839

170

Volume

ized
All

are

issue

to

1976

part of

inclusive.

authorr
$2,500,000.

of

an

the bonds will be

of

dated

Sept. 1, 1949. Denomination $1,000.
$5,694,000—Manufacturers Trust
Principal and interest (M-N) pay¬
Company.
*
able at the First Trust & Deposit
$3,770,000—Chemical Bank and
p. 934—were awarded to Francis I.
Co., Syracuse, or at option of theTrust Company.
duPont & Co., and Tilney &
Co.,
holder, at the Chemical Bank &
both
of
New
$3,679,000 — Central Hanover
York, jointly, as
Trust Co., New York City. Bidder
2.10$, at a price of 100.528, a basis Bank and Trust Company.
to name a single rate of
interest,
of about 2.041%.
$3,633,500—Bankers Trust Com¬
Dated Sept. 1,
expressed in a multiple of V\ or
1949 and due on Sept. 1 from 1950 pany.
1/10 of 1%. The bonds are pay~
to 1958 inclusive. Second
$3,016,000—Bank of The Man¬
high bid
able in the first instance from
hattan Company.
of 100.40 for 2.10s was made
by
special assessments on property
Kidder, Peabody & Co. and First
$2,964,000—Irving Trust Com¬ in
the Ley Creek Sewer District,
of Michigan Corp.,
pany.
jointly.
but are also backed by the Coun¬
$1,950,000 — Corn Exchange
Ithaca, N. Y.
ty's full faith and taxing power.
Bank Trust Company. 1
Bond Sale—The
A certified check for $28,500, pay¬
$399,000 school
$1,800,500—The New York Trust
bonds offered Sept. 14—v.
able to order of the County, is
170, p.
Company.
934—were
awarded
to
Salomon
required.
Legality approved by
$1,657,500—The First National
Bros. & Hutzler, of New York, as
Hawkins, Delafield & Wood, of
Bank of The City of New York.
1.40s, at a price of 100.55, a basis
New York City.
$1,475,500 — J. P. Morgan &
of about 1.34%.
Dated Sept. 1,
Company, Incorporated.
1949 and due on
Rome Union Free School District
Sept. 1 from 1950
$1,319,500—The Public National
to 1969 inclusive. Second
No. 1 (Constituting the
high bid
City^ ^
Bank and Trust Company.
School District), N. Y.
of 100.923 for l^s was made
by
$1,007,500—Bank of New York
the Bankers Trust Co. and Roose¬
Bond
*

Offering — Waldo
W.
sale, required. Legality to be approved velt & Cross, both of New
and Fifth Avenue Bank.
York,
Prince, District1 Clerk, will re¬
at par and accrued interest.
Sec¬ by Vandewater, Sykes, Heckler & jointly.
$786,500—The Marine Midland ceive sealed bids until noon
/,"■■:■
(DST)
ond high bid of 100.34 for 2.40s Galloway, of New York City.
Trust Company of New York.
on
Sept. 23 for the purchase of
Minoa, N. Y.
was made by MacBride, Miller &
$585,000—Brooklyn Trust Com¬
$1,500,000 not to exceed 5% in¬
Cherry Valley, N. Y.
Bond Sale—-The $19,750 street
Co., and Rogers, Gordon & Co.,
pany.
Bond Sale—The issue of
terest

subsequent interest payment

jointly.

.

Midland
Bond

Park, N.

Offering

Yonkers, Borough
sealed

ceive

—

Abram

L.

Clerk, will re¬

bids until

8:30 p.m.

Sept. 26 for the pur¬
chase of $27,000 not to exceed 6%
interest coupon or registered im¬
(EST)

$22,system bonds offered
Sept. 8 was awarded to the Ot¬
sego
County National Bank of
Cherry Valley, as 2.20s, at a price
of 100.022.
Interest payable an¬
nually. Second high bid of 100.08
for 2V4S was made by the First
National Bank of Richfield Spa.
000

on

provement bonds. Dated Sept. 1,
1949. Denomination $1,000. Inter¬
(M-S).

est

fol¬

Due Sept. 1, as

to 1952, and

lows: $2,000 in 1950

in 1953 to 1959. Principal
and interest payable at the United
.'States Trust Co., Paterson.
Each
•$3,000

proposal must

specify in a multi¬

1%, a single,

ple of Vs or 1/20 of
rate

of

interest which

the bonds

water

,

improvement
Sept. 13 — v.

N.

Sale—The

Bond

$12,009 water

bonds offered Sept.

14—v. 170,

p.

&

Co., New York,

price of 100.11,
1.462%.
due

on

Dated

a

IV2S, at a
basis of about
1, 1949 and

June 1 from 1950 to 1954

inclusive.

Second

100.059 for

high

bid of
made by the

IV2S was

on

were

—

15, 1949 and due on July 15 from
1950 to 1959 inclusive.
Second
high bid of 100.179 for 1.60s was
made by the First National Bank
Minoa.

Maine, Union, Nanticoke, Newark
Valley and Owego Central School
Dist. No. I (P. O.
Maine), N. Y.
Bond

as

June

934

awarded to Otis & Co., New York,
1.60s, at a price of 100.27, a
basis of about 1.546 %. Dated July

Y.

933—were awarded to John Small

offered

p.

as

of
Dexter

bonds

170,

Sale—The

$35,000

bonds of 1949 offered

170,

v.

the

school

First National Bank of
Bing-

hamton, as 1.40s, at a price of
100.09, a basis of about 1.384%.
Dated Sept. 1, 1949 and due on
Sept. 1 from 1950 to 1959 inclu¬

coupon

or

registered build¬

Dated Oct. 1,
$1,000. Due
$396,500
• United
States Trust Dec.
1, as follows: $60,000 from
Company of New York.
1950
to
1953
inclusive;
$80,000
$370,500 Sterling, National
from 1954 to 1962 inclusive, and
and Trust Company.
J},. $90,006 from 1963 to 1968 inclu¬
$331,500 — Empire Trust Comn sive. Bidder to name a
single rate
pany.

*

$97,500

,-j.,.

Trust

Company.

$84,500
Bank

.

interest, expressed in a mul¬
or 1/10 of 1%.
Princi¬
pal and interest (J-D)
payable
of

New

-

■

:

Amalgamated

The

—

of

York.

Newcomb Central School District
No.

Denomination

tiple of V4

at the Chase National Bank, NewYork

Federation Bank and

—

ing bonds of 1949.
1949.

$156,000—Title Guarantee and
Trust Company.
$130,000—Kings County Trust
Company, Brooklyn, N.Y.

Sept. 8—

on

934—were awarded to

p.

$507,000—Commercial National

Bank and Trust Company,

'

A certified check for

City.

$30,000, payable to order of the

District, is required. Legality ap¬
by Vandewater,
Sykes,
Heckler &' Galloway, of New York

proved

City.

t

„

1

(P. O. Newcomb), N. Y.
Bond Offering—Patrick J. Tum-

Utica, N.

Y.

;r\ ■
proposal will Manufacturers & Traders Trust
Note Sale —The $1,400,000 tax.
specifies a
mins, District Clerk, will receive
Co., Buffalo.
irate higher than the lowest rate
sealed bids until 4 p.m. (DST) on anticipation notes offered Sept. 13
sive.
Second high bid of 100.28
—v.
160, p. 1030—were awarded
Glen Cove, N. Y.
.-stated in any legally acceptable
for iy2s was made by the Endicott Sept. 23 for the purchase of $40,- to
Salomon Bros. & Hutzler of
Bond
Offering
Harvey L.
000
not
to
exceed
4% interest
proposal.
The successful bidder
National Bank of Endicott.
New York, at 0.72% interest, plu^
will be furnished with the opinion Doxey, Commissioner of Finance,
coupon or registered school bonds
a premium of $17.
Dated Sept. 14,
of 1949. Dated Oct. 1, 1949. De¬
of Hawkins, Delafield & Wood of will receive sealed bids until
Nelscnville, N.Y.
1949 and due on Dec. 14, 1949~
Bond Offering —Mrs. Louise F. nomination
a.m.
(EST) on Sept. 28 for
JNew York City, that the bonds 11
$1,000.
Due $2,000 on
The National City Bank of New
the purchase of $75,000 not to ex¬ Hustis, Village
.-are valid and legally binding obli¬
Treasurer, will re¬ Oct. 1 from 1950 to 1969 inclu¬
York,' second high bidder named
gations of the Borough.
Enclose ceed 4% interest electric lighting, ceive sealed bids until noon (EST) sive/ Bidder to name a single rate a rate of
0.75%, plus a premium
a
certified or cashier's check for fire apparatus and land acquisL on Sept. 21 for the
of
are

Ibe

to bear, and no

considered

which

—

New

Borough.

Jersey (State of)

Bond Offering—The

Trustees of

Fund will receive
■sealed bids at the office of Walter

the

Disability

Margetts. Jr., State Treasurer,
(DST) on Sept. 20

'T.

until 10:30 a.m.

tion bonds of 1949.

Dated

1949.

3>540, payable to the

$1,000. Inter¬

est

Denomination

(A-O).

1951

to

Trust

Co., Glen Cove.

must

be

interest

ion of

Point

Bond

Dist., N. J.

Pleasant Sch.

Sale—The $180,000 school

of

ier's

.

Princeton, N.J.
Bond

Sale—The

$30,000

*

fire-

bouse bonds offered on Sept. 13—




a

of

coupon

vided

the

to

City,

the

Enclose

will

purchaser
certified

a

check for

be

fur¬

without
or

cash¬

$1,500, payable to

City.

Harrison

$800.

Due

from

Water

District

No.

2

—

York,

as

2X/4S, at

a

price of

di¬

1950

series B

Denomination

$800
to

interest, expressed in

ple of

Sept.

on

1

1959

inclusive.

general

improve-

a

multi¬

or

1/10 of 1%. Principal

and interest

Creek

North

Creek.

National

check

for

$800, payable to order of the
District, is required. Legality to
be approved by Hawkins, Dela¬
field & Wood, of New York City.

Sept.

single

syndicate

in

Stuart & Co.

—

a

of

the

bonds

dated

are

1, 1949. Bidder to name a
rate of interest, expressed
multiple of V4 or 1/10 of 1%.

Principal and interest (M-S)
at

National

Spring-on-Hudson,
A

certified

check

Bank

Cold

of

pay¬

Cold-

Spring.

for

$226, pay¬
is
required.
Legality approved by
Donohue & Thomsen, of Carmel.
(These bonds were originally of¬
able

fered

to

order

of

the

Village,

July 20 at which time
bids were received.)
on

no

ster

of
Halsey,
Inc., Stone & Web¬
Corp.,
Eastman,

composed

Securities

Dillon

of

Sale

Bond
school

Sept.

bonds

The

—

of

1949

$1,850,00<*
offered

New

Oft

170, p. 934 — were
syndicate composed
White & Co., Inc., Ira

13

—

v.

awarded

to

a

of

J.

G.

Haupt & Co., Sherwood & Co.,.
Bartow,
Leeds Co., and New-

burger, Loeb & Co., all of New
York, and the Watertown Na¬
tional
Bank
of
Watertown, as
1.60s, at a price of 100.079, a basisr
of

about

1949
1951

to

Dated Sept. 1*.

1,594%.
due

and

March

on

&

Co.,
Hornblower
&
Weeks, L. F. Rothschild & Co.,
and Laurence M. Marks & Co.,
all

Y.

Watertown, N.

Bank,

certified

A

Niagara Falls School District, N. Y.
Bond
Sale
The
$2,060,000
school bonds offered Sept. 14 —
v. 170, p. 934—were awarded to a

clusive.

of $11.

(A-O) payable at the

North

Sept. 1 from 1950 to 1954 in¬
All

able

(Fire Protection District No. 2)
(P. O. Harrison), N. Y.
Bond
Sale
The
$15,000 fire
truck
bonds offered
Sept. 9 —
v. .170,-p.
934—were awarded to
George B. Gibbons & Co., Inc.,
New

bonds.

3,300

a

York

bonds,

follows:

as

ment

Each bid
the bonds

single rate of

registered

or

$6,000 series A general improve¬

Cove

multiple of V\ or
The approving Opin¬
Hawkins, Delafield & Wood

nished

<)33—were

.1969 inclusive.

in

New

bonds offered Sept. 14—v.

JRippel, Inc., and Campbell & Co.,
both of Newark, jointly, as 2V2s.
at a price of 100.189, a basis of
about 2.476%. Dated Aug. 1, 1949
and due on Aug.'l from 1951 to

all

state

purchase of
$11,300 not to exceed 5% interest

1/10 of 1 %.

cost.

170, p.
awarded to Julius A.

at the Glen

for

must

bonds.

the

Due $15,000 April 1,
Principal and in¬

payable

purchase of $817,000 of
-various New Jersey municipal
for

1,

1955.

terest

and

Oct.

1969

inclusive.

1

from.

Second

high bid of 100.599 for 1.70s was-

of

York, as 1.60s, at a
price of 100.65, a basis of about
1.53%.
Dated Aug. 1, 1949 and
due on Aug. 1 from 1950 to 1969
inclusive.
Second
high bid of

Co., Inc., Chas. E. Weigold & Co.*

100.434

and Wood Struthers & Co.

for

1.60s

was

made

by a

made

by

Halsey,
&

a

group

Stuart &

composed

Co. Inc., Blair

Co., Inc., George B. Gibbons &

Ki.A.

58

cost

terest

Fairmont, N. C.
$13,000 bonds
13—v. 170, p. 1030

;

2.583%,

1952

1961

to

inclusive,

$2,000 23/4s, due on April

and
~

1, 1962 and 1963.
bonds

The

high bid of par for

Second

1949.

$8,000
made

1,

Oct.

dated

are

interest

accrued

tertained.

on

from

No bid of less than par

turities.

water

due

C. Seufferle & Co., of

and

bonds: $5,000 244 s,
April 1 from 1952 to
1961
inclusive,
and
$1,000
2%s, due on April 1, 1962.
7,000 sanitary sewer bonds: $5,000
2 44s,
due on April 1

$6,000

Each

form

be

a

above

to

on

the

by

March 29.

held

election

the

at

&

York

—

13

Sept.

170, p. 934 —were
syndicate composed

—v.

awarded to

offered

bonds

building
a

of

Phelps, Fenn & Co., Inc., New
York; First Securities Corp., Dur¬
ham; Harris, Hall & Co., Chicago;
Schoellkopf, Hutton & Pomeroy
of Buffalo; Dominick & Dominick, Francis I. duPont & Co., Ira
Haupt & Co., Laidlaw & Co., and
Byrne and Phelps, Inc., all of
New York; Baker, Watts & Co.,
Baltimore,
and
Raffensperger,
Hughes & Co., Indianapolis, at a
price of 100.366, a net Interest
cost of about 1.854%, as follows:
$2,972,000 series B bonds: $372,000 6s, due on June 1 from
1951
to
1954 inclusive; and
$2,600,000

to

sive.

1955

price of

100.58, a basis of

Second high bid of
102.089
for 2%s was made by
Stranahan. Harris & Co., Inc.
Noble

O, Caldwell),

(P.

County

Ohio

Offering

Bond

Board

the

of

Jack Wilson,

—

of

County

ed bids until noon

payable to the

Treasurer.

State

Clerk

the

for

30

(EST)

O.

(P.

County

purchase

of

Bond Sale—The

$110,000 county
hospital bonds offered Sept. 13—
v.
170, p. 934—tyere awarded to
Kirchofer
of

Inc.

Associates

Arnold

&

at a price of
net interest cost of about

Raleigh,

100.13,

a

1.97%,

as

Dated Sept. 1,

bonds.

lV2s.
Due on March
from 1951 to 1956 inclusive.

1

on
March
from 1957 to 1960 inclusive.

13/4s.

21,000

38,000 2s.

Due

Due

1961 to

to

the

highest bidder at not less

than

par
may

and accrued interest.
be made upon all or

bonds

the

of

C:

Alva, Okla.
Offering

1

dated

are

receive
Sept. 20 for the
purchase of $130,000 not to jexceed
sealed bids until

Second high bid of
100.08 for $25,000 244s and $85,000 2s was made by the Equitable
Sept. 1, 1949.

bonds.

the bidder offering

interest

of

Nashville.

works system
The bonds shall be sold to
water

interest

4%

and

the lowest rate

agreeing to

par and
bonds

Devils

1, 1948.

Lake,

Dak.

N.

held

These

accrued interest

election

NORTH DAKOTA

Sept.

on

the

at

Each

6.

935—were awarded to
Co., and the United

p.

&

Oct.

National

lows:

jointly, at a price of
100.05, a net interest cost of about
2.085%, as follows:

1, 1949.
Due Oct. 1, as fol¬
$1,000 in 1950, $2,000 in 1951,
$3,000 in 1952, $4,000 in 1953, $5,000 in 1954, $6,000 in 1955 to 1959,
$7,000 in 1960 to 1964, and $8,000
ing issued under and pursuant to
an amendment to the Charter
of
the City adopted by

the voters at
special election held on June 10.

a

1949.

successful

The

opinion

Winfree, McCulloch,
of Portland. En¬
of

of

certfied check for 5%

a

the amount of the bid.

Offering

Bond

ceive

will
7:30

bonds will be

The

1959.

subject to redemption in numeri¬
cal
order
on
interest-bearing

payable at the City Treas¬

urer's

office.

bonds will

The

be

sold
for, the highest price ob¬
tainable, but not for less than par

The

interest.

accrued

and

contain

must

statement

a

bid.

the

authorized
nance

cil.

Sale

bid

by Ordi¬
No. 9416 of the City Coun¬

Enclose

certified check for

.a

—

The

$20,000 im¬

as

2.65s.

PENNSYLVANIA

Abington

Township (P. O.
Abington), Pa.

Bond

Offering

Raymond

E.

—

Ambler, Township Secretary, will
receive sealed bids until 7:30 p.m.

(EST)
of

Oct. 11 for the purchase
coupon sewer bonds.

on

$300,000

Dated Nov.

$1,000.

1, 1949. Denomination,

Due

$60,000 in

Nov.

1,

as

follows:

1951 and $30,000 from

1952 to

1959 inclusive.

name

single rate of interest, ex¬
in a multiple of 44 th of

a

pressed

Bidder to

A certified check for 2% of

1%.

payable to order of
Township Treasurer, is re¬

the, bonds,
the

quired. Legality approved :by
Townsend, Elliott & Munson, of
Philadelphia.
Bradford, Pa.
Bond Offering—M. E.

bonds

the

of

City
bids

until

Cornelius,

sealed

receive

will

Clerk,

4:30

(DST) ;on

p.m.

Sept. 21 for the purchase of $60,000

of the amount bid.

2%

^

Ore.

the

of

directed

and

Sale

Bond

the terms

net interest cost under
of

inclusive.

1964

provement bonds offered Sept. 7—
v.
170, p. 935—were awarded to

on

to

'

Oct. 1 from

on

Milton,

re¬

chase of

1951

1 from

Oct.

on

Due

to

p.m.

Sept. 26 for the pur¬
$123,905.29 not to exceed
6% interest series C Bancroft Im¬
provement bonds.
Dated on or
about Nov. 1, 1949.v One bond for
$903.29, others $1,000 each.
Due
$6,903.29 in 1950, and $13,000 in
(PST)

25,000 244 s.

Henry F.

—

bids until

sealed

Due

1959 inclusive.

1956 to

1960

Oct. 1 from

on

Blyth & Co., of Portland,

Recorder,

City

Beistel,

100,000 2s.

Ore.

Eugene,

Due

1955 inclusive.

1950 to

legal

Shuler & Say re,
close

$150,000 13/4s.

bidder will

the approving

be furnished

of

both

Bank,

Portland,

The bonds are be¬

in 1965 to 1974.

bonds.

improvement

coupon

1, 1949. Denomination

Oct.

Dated

submit with his bid

shall

bidder

authorized

were

pay

170,

v.

States

terest

W.

Thos.

—

Clerk, will

City

Keltch,

Dated

dates, on qr after the second year
from issue date. Principal and in¬

OKLAHOMA

Bond

244 s.
Due on March
from 1967 to 1969 inclusive.

All

issue.

this

of

bonds

of

number

any

1966 inclusive.

21,000

of

of 1%. The bonds will be sold

March 1 from

on

multiples

44

1

$30,000

in

interest

of

rate

Bids

follows:

1949. Inter¬

(A-O).

Interest A-O.

Blyth

$12,000

Denomination $500.
Due $2,000 Oct. 1, 1950 to 1955.
Bidders may bid for a different
est

6% interest coupon

not to exceed
water bonds.

Sept.

on

4% coupon property appraisal
Warren

Securities Corp.,

J. Burck- a sum in cash or its equivalent Lane County School District No. 19 $1,000. Due $10,000 on Oct. 1 from
1950 to 1955 inclusive.
Coupon
will receive equal to 2% of the amount of the
(P. O. Springfield), Ore.
sealed bids until 8 p.m. (CST) on bid.
Bond Offering — Mary Clark, bonds, registerable as to principal
1954 inclusive.; and $135,000
Sept. 27 for the purchase of $50,District Clerk, will receive sealed only.
Bidder to name a single
Arnett
Consolidated Sch. Dist.
l3/4s, due on June 1 from 1955 000
coupon water works bonds of
bids until 8 jf.m. (PST) on Sept. rate of interest, expressed in a
to 1970 inclusive. Dated June
No. 11 (P. O. Hollis), Okla.
1949. Dated Oct. 1, 1949. Denomi¬
19 for the purchase of $100,000 multiple of 44 of 1%. A certifed
Bond Sale—The $11,000 repair
i, 1949.
nation $1,000. Due Oct. 1, as fol¬
school bonder Dated Oct. 1, 1949. check for 2% of the bonds, pay¬
and
furniture bonds offered
on
lows: $5,000 in 1951 fo 1956, and
Denomination $1,000. Due Oct. 1, able to order of the City Treas¬
Person County (P. O.
July 5 were awarded to Calvert &
$4,000 in 1957 to 1961.
Bidders
as follows: $9,000 in 1951 and 1952,
urer, is required. Legality to be
Roxboro), N. C.
Canfield, of Oklahoma City, at a
to name a single rate of interest
approved by Townsend, Elliott &
Bond Sale—The $455,000 series
price of 100.07, a net interest cost $10,000 in 1953 to 1958, and $11,in multiples of 1/10 or 44 of 1%,
school building bonds offered
000 in 1959 and 1960.
All bonds Munson, of Philadelphia
"jof about 2.183% as follows:
due

1

June

on

1951

from

Offering

Bond

152,000 series C bonds: $17,000 6s,

B

a

at

about 2.442%.

check for $20,000,

on June
1975 inclu¬

Dated June

inclusive.
as
246 s,

sold

were

Commissioners, will receive seal¬

l3?4s, due

from

1

bonds

City, will be furnished the
purchaser.
Enclose a
certified

Warrenton), N. C.

school

1,

Sept.

The

of New

Pershing

Cincinnati.
1949 and due on

Dec. 1 from 1951 to 1967

opinion

The approving

Mitchell

on

William

838—were awarded to

Dated

en¬

be

must

Secretary. These bonds are
the $3,000,000 issue au¬

thorized
of

be

will

bid

furnished

of

part

24£s and $5,000 23/4s was
by E. L. Hardin & Co., Inc.

Mecklenburg County (P. O.
Charlotte), N. C.
Bond
Sale
The
$3,124,000

offered

bonds
p.

all of the
bonds until their respective ma¬

follows:

as

building and equipment
Sept. 8 —v. 170,

house

amount of interest upon

awarded to the First Secu¬

rities Corp. of Durham, at a price
of 100.04, a net interest cost of
about

deduct¬

Ohio
$119,000 fire-

Sale—The

Bond

,

ing the total amount of the pre¬
mium
bid
from
the
aggregate

Sept.

—were

such

County,

be determined by

cost to

Sale—The

Bond

offered

the

to

Monday, September 19, 1949

CHRONICLE

Garfield Heigiits,

chase the bonds at the lowest in¬

NORTH CAROLINA

FINANCIAL

COMMERCIAL &

THE

(1134)

F.

—

Auditor,

City

hard,

to

.

170, p. 1030—were
awarded to a syndicate composed
of Kirchofer & Arnold Associates,
Sept.

;

13—v.

Inc., Raleigh, J. Lee Peeler & Co.,
Durham, Vance Securities Corp.,
Greensboro, and R. S. Hays & Co.,
Durham, at a price of 100.044, a
net interest cost of about

2.276%,

follows:

as

on March
1950 to 1957 inclusive.

1 from

$82,000 6s.. Due
133,000 2s.

Due

2^4s.

76,000

March 1 from

on

Due

March

on

must

the

nish

1970

All of the bonds are dated

1, 1949.
Robeson

(P.

County

O.

ton), N. C.
Offering—W. E.

Bond

-

i

'

tion held

exceed

interest

6%

-.-''"I""
Easter1

series

A

building coupon bonds.
Dated
Oct. 1, 1949. Interest (A-O). De¬
nomination $1,000.
Due April 1,
as follows:
$50,000 in 1952, $20,000 in 1953 to
1956, $30,000 in
1957 to 1964, $35,000 in 1965 and
1966, $40,000 in 1967 to 1971, and
$45,000 in 1972 to 1979. Principal
and interest payable in New York
City; general obligations; unlim¬
ited tax; registerable as to prin¬
cipal alone; delivery on or about
Oct.

11,

1949,-at

chaser's

choice.

quested to
or

name

place

Bidders

pur¬

are

re¬

rates, in multiples of 44 of 1%.

part

of

earliest
rate
no

of

the interest rate

Each bid jnay name

or

the

bonds

maturities),
rates for the

one

rate for

(having
and

the

another

balance, but

bid may name more than four

rates, and each bidder must

spec¬

ify in his bid the amount of bonds
of each rate.
be

for

Each rate bid must

bonds of consecutive

ma¬

turities. The bonds will be award¬
ed to the

biddef offering to




Aug. 16.
cashier's

on

certified

or

Enclose

a

for

check

Ellendale, N. Dak.
Bonds Sold—The

pur¬

$3,000 13/4s.

the

North

$16,000 build¬

Dakota

244s.

County Sch.

Board
as

Dist.

Bond Sale—An issue of

improvement

bonds

was

and extension bonds.
follows:

1963

price of

par.

fire truck
1951

sold

These

ized

at

1950

to

1963

to

inclusive,
Z

offering

the

•lowest rate of interest and agree¬

ing to

from

pay par
are

and accrued inter¬
the bonds author¬

the election held

on

Aug.

30. Each bidder shall submit with

OHIO

his bid

Franklin County (P.
Columbus), Ohio

County Commissioners, will
sealed

bids

until

10

in cash

or

its equiv¬

2% of the amount

Roosevelt, Okla.
Offering—Guy H. Parker,
Clerk, will receive sealed

Bond Offering—Ella A. McCar-

ceive

sum

of the bid.

Bond

ley, Assistant Clerk of the Board
of

a

alent equal to

O.

Town
re¬

a.m.

bids

until

7:30

p.m.

(CST)

on

Oct. 4 for the purchase
of $9,800 not to exceed 3% inter¬

Sept. 19 for the purchase of $59,000 sanitary sewer bonds.
Due

est

$3,000 in 1952 to 1967, and $2,000

(EST)

on

Pleasant

Township,
Single
County Ditch Improvement bonds.
Dated Oct. 1, 1949.
One bond for
$800, others $1,000 each. Due Sept.
1, as follows $1,800 in 1951, and
$2,000 from 1952 to 1955 inclusive.
Bidder

to

single rate of
interest, expressed in a mutliple
of 44 of 1%.
Principal and inter¬
est (M-S) payable at the County
name

Treasurer's
check for
able

to

County
quired.

a

office.

1%

order

in
to

the

the

rate

bidder offering the

interest

of

pay par

bidder

Board

Commissioners,

is

of
re¬

and

and accrued interest. Each

sum

shall

in

submit with

cash

bid.

or

his

bid

its

r;

Dallas
Bond

City

Clerk,

for

the

will
p.m.

—

sealed
on

Sept. 20

Steers,

receive sealed
(PST) on Sept.

purchase

of

for

8

$160,000

ceive

on

of

the

pur¬

Dated

Oct.

$1,000.

1,

1949.

Denomina¬

Due $8,000 Oct. 1,
Bonds maturing af¬

1951 to 1958.

until

bids

sealed

(EST)

8

p.m

Oct. 10 for the purchase

school bonds.

$80,000 "coupon

1, 1949. Denomination,

Dated Nov.

$1,000.
Due Nov. 1, as follows:
$8,000 in 1951, and $9,000 from
1952 to 1959 inclusive.
Bidder to
name

single rate of interest.\ A
payable

a

certified check for $1 600,

the

of

order

is

District,

re¬

quired.
Legality
approved
Burgwin,
Churchill,
Ruffin
Hazlett, of Pittsburgh.
Pa.
$100,000

Duquesne,
Sale—The

Bond

p.m.

$64,000 school bonds.

chase
tion

until

bids

by
&

im¬

provement
bonds
offered Sept.
14—v. 170, p. 1031—were awarded
to the Duquesne
City Bank, as

144s, at
of

price of 100.15, a basis
1.227%; Dated Sept. 1,
due on Sept. 1 from 1951

a

about

ter Oct.

1949 and

at

to 1960 inclusive*

1, 1954, shall be callable
any interest due date
after Oct.
1, 1954, by 30 days
prior notice published in a County
newspaper, the bonds to be called
in inverse numerical order begin¬
ning with No. 64. Principal and
interest payable at the
County
Treasurer'.; office, or at the fiscal
agency of the State, in New York
City, at the option of the pur¬
chaser.
Bidders are requested to
par. on

Exeter, Pa.
Bond Sale—The $40,000

general

improvement bonds offered Sept.
8—v. 170, p. 643—were awarded
to Butcher & Sherrerd, of Phila¬

23/4s, at a price of
basis of about 2.721%.
1, 1949 and due on
from 1950 to 1957 in¬

delphia,
100.12,

as

a

Dated

Sept.

Sept.

1

clusive.

.

include rate of interest at which

they will accept the bonds, at par
or premium.
Bids to be uncondi¬
tional.

Enclose

check

certified

a

Manchester

(P. O.
Bond

Township Sch. Dist.

R. D. No. 4 York), Pa.
Offering—L. W. Koche-

nour,

$1,280. 7

Lincoln

County County

Sch.

Dist.

(P. O. Toledo), Ore.
Bond

Sale—The

350,000
Sept. 9
Bond

school
was

bonds

or

a

of

net

at

on

price

of

cost

of

interest

The First National

Portland

offered

a

price

Marion

County Sch. Dist. No. 103C
(P. O. Wo^dburn), Ore.

Bond

Sale—The

$375,000

struction' bonds offered

(EST)

bids

Sept.

on

until

re¬
p.m.

for the

29

7:30

pur¬

7

$1,-

offered
a

sealed

chase of $25,000 school bonds.

of

awarded to the State

Commission

100.76,

issue

District Secretary, will

ceive

for

of 100.027, or a net cost of 2.126%.

J. H.

derson, District Secretary, will re¬

Grayson, District Clerk, will re¬
ceive

Bank

City, Ore.

Offering

bids until 8
21

No. 9 (P. O. Lowell), Ore.
Bond Otf ering — Edna Mae

about 2.05%.

OREGON

High Sch. Dist.

Offering—Stanley E. An¬

Bond

to

Lane County Union

lowest

agreeing to

equivalent
equal to 2% of the amount of the

a

of the bonds, pay¬
of

The bonds shall be sold

1968.

certified

A

are

$2,000.

follows: $500

as

bidder

the

to

est.

1

to

and $1,000 in 1964.
The bonds of each issue shall be

$500. Due $500

Jan. 1 and July
1959 inclusive.

with No.
100.
requested to include

accept the bonds at par or
premium. Bids to be uncondition¬
al.
Enclose a certifed check for

as

equipment

and

Due

Dated June 1, 1949. Denomination
on

numerical

inverse

will

(PST)

bonds.

to

a

2i/2s, at

1952

1964.

$10,000

marck,

Due

$1,000 from

inclusive, and $5,000 in

from

sold

in

beginning

Bidders

bonds, divided as follows:
$12,500 water works improvement

2

Dakota, of Bis¬

called

order

7

Corry School District, Pa.

interest

1, 1955, by 30

the rate of interest at which they

24£s.

the Bank of North
as

1961

Okla.
Bond Offering—Ruby Hender¬
son, City Clerk, will receive seal¬
ed bids until 7:30 p.m. (CST) on
Sept. 19 for the purchase of $20,-

of

No.

date after Oct.

County newspaper, the bonds to
be

.—

in

$1,000

Beggs,

(P. O. Sheldon), N. Dak.
:

Due

and 1962.

7,500
Ransom

Due $1,000 from 1958

to 1960 inclusive.

2,000

due

days prior notice published in a

1957 inclusive.

elec¬

an

University School Lands,

Due $1,000 from 1955 to

3,000 244s.

maturing after Oct. 1, 1955, shall
be callable at par on any

to 1954 inclusive.

3,000 2s.

tion in July have been purchased

by

Due $1,000 from 1952

000

Lumber-

ling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed bids at his office in Raleigh
until 11 a.m. (EST) on Sept. 20
for the purchase of $1,000,000 not
to

City will fur¬
and executed

printed

ing bonds authorized at
Sept.

V,

,

all

the bonds authorized at the elec¬

1

inclusive.

1978

to

for

same

and the approving legal
opinion of Dorsey, Colman, Bar¬
ker, ScMt & Barber of Minne¬
apolis, both without cost to the
purchaser within 40 days after the
acceptance of the bid.
These are

March 1 from

on

the

The

bonds

from 1966 to 1969 inclusive.

164,000 2s. Due

be

$1,000.

1965 inclusive.

1958 to

which

of the bonds.

con¬

Sept. 7—

Philadelnbia Schoo' District, Pa.
Bond
son,

Offering—Add B. Ander¬

Secretary of the Board of
Education, will receive

Public
sealed
on

000.000

bonds.
Oct.
1951
000

bids

until

11

a.m.

(EST)
$5,-

Oct. 3 for the purchase of

building and improvement
Dated
as

to

1958

from

Bidder

to

Oct.

follows:

1.

1.

1949.

Due

$209 000

from

inclusive, and $208.-

1959

to

name

a

1^74

inclusive.

single rate of

!iK>>
1

h

i

Volume

expressed in

interest,

THE " COMMERCIAL* &

Number 4839

170

of %th of 1%.

multiple

a

$100,000, payable to order of
the District, is required.
; <
*

for

Sharpsburg Sch. Dist., Pa.
Bond Sale—The $50,000 funding
and improvement bonds offered

Simons,

-

Sept. 14—v. 170, p. 1031—were
to Arthurs, Lestrange &

on,

awarded

Klima of

Pittsburgh, as iy2S, at a
price of 100.278, a basis of about
1.413%.
due

Oct.

Dated

Oct.

on

1950 to

Charleston;

of

Crawford &

as

follows:

1951

Second * high
bid of
101.03 for 13/4S was made by E. H.
Rollins & Sons.

general obligation
Sept. 12—v. 170, p.

$10,000

1031—were

awarded

the

to

Sec¬

ond National Bank of South Con¬

nellsville,

3s.

as

A-:
Verona, Pa. •
f! Bond Offering—Clyde E. Burkhart, Borough Secretary, will re¬
ceive sealed bids until Sept. 26
for the purchase of $60,000 gen¬
eral obligation bonds.

7

The

of

fices

until

11

the

at the

respective issuers
(EST) on Sept. 28

a.m.

for, the purchase of the following
notes:
'
'
.

i'j

headed

& Co.,

'y Authority notes.

\-.i 1,888,000 Ponce Housing Authorr
r

7; ity notes,
7j90,000 Mayaguez Housing Au-

^

thority notes.

f.

-

•

Each issue is dated Oct. 28,1949

and matures on Nov. 3, 1950.

^.

SOUTH CAROLINA

Clover, Consol. High Sch.

District

Bond

W.

Offering—W.

Inman,

2V2s. Dated July 1, 1949

as

Jan.

1,
to

callable

1,

Interest (J-J). De¬
Due Jan. 1, as

1949.

follows: $10,000 in

1951 and 1952,

required. City will furnish printed
legal opinion of Dqr-

bonds and
sey,

expense.

1968, and $24,000 in 1969 and 1970.
Principal and interest payable at
such bank or trust company in
New

City or * South Caro*

York

lina, as may be agreed upon be¬
the Board and the pur¬
chasers to act as paying agents

tween

invited
to name the rate or rates of inter¬
est which the bonds are to bear,

for the bonds. Bidders are

will be awarded to the
offering to take them at
the lowest interest cost at a price
and they

bidder

not less than par

and accrued in¬
Bidders

terest to date of delivery.

number of rates
interest, but all bonds of the

of

any

name

may

maturity shall bear the same
rate of interest.
Interest cost will
same

be determined by

on

reject

and

if

Colman, Barker, Scott &
Barber, of Minneapolis, at its own
ized at

The right is

and

any

bids

all

are

reserved

all proposals,

sealed

an

opinion

on

this

opinion.

delivered

to

The bonds will be
purchasers at

the

or

cashier's

check

$5,000, payable to the

for

(CST)

on

bon<|§. of

sive.

1,250,000 high school bonds. Due
July 1, as follows: $25,000
from 1950 to 1954 inclusive;

All of the bonds are dated

July

Denomination $1,000.
Principal and interest (J-J) pay¬
1949.

able

rate

the

at

Co.,

each

of

of

Chemical
to

interest,

multiple of 1/10
check

certified
bonds

of

each

Bank

City.

York

New

bear

the

same

expressed
or

in

% of 1%.

for

issue

2%
is

&

All

of

a

A
the

required.

Legality to be approved by Cald-

11,
Marshall,
Trimble
Mitchell, of New York City.
w e

Gallatin,

&

Tenn.

Offering—E.

W.

Thomp¬

son,
Mayor, will receive sealed
Columbia, S. C.
Bond
Sale
The $2,000,000 bids until 7 p.m. (CST) on Sept."
water works
and sewer system 15 for the purchase of
$100,000
refunding
and
improvement not to exceed 3% interest electric
revenue bonds offered Sept.
14j- system refunding bonds. Dated
—




with

Greeneville,

of New York;

the

V

Bond

Offering

Carl

Co.

&

National Bank &

and

Dempsey & Co., both

of Chicago; Gordon

Graves & Co.,
York; First Cleveland Corp.;
Charles King & Co., New York;
Hughes
&
Co.,
Raffensperger,

New

195,
high bid

Sold

Bonds

the

has just
been received of the public offer¬
—

Report

Tenn.

—

Whiting, Weeks &
William Blair

Stubbs, of Boston;

Indianapolis; F. S. Yantis & Co.,
Chicago; Rauscher, Pierce & Co.,
Dallas; Soden-Zahner Co., Kan¬
Equitable Securities Corp., Nash¬
sas
City; McDougal & Condon,
ville.
Inc., Chicago, and Peters, Writer
&
Christensen, Inc., of Denver.
Memphis Suburban Utility District,
The offering consisted of $2,650,Tennessee

Baxter,

000 series No. 80 water and sewer
revenue

eral

bonds and $2,500,000 gen¬

obligations.

The group

paid

price of 100.0207, a net interest
cost of about 2.437% for the rev¬
enue
bonds and a price of 100.-

a

0169, a net interest cost of about
2.547%
for the general obliga¬
purchase
of
fire fighting
tions. The
bonds bear
interest
terest coupon road bonds, divided equipment.
The bonds are dated
rates and mature as follows:
June 1, 1949.
as follows:
Denomination $1,000. Interest J-J. Due June 1, as $2,650,000 series No. 80 water and
$75,000 refunding bonds. Due Nov.
/
sewer revenue bonds: $1,025,follows:
$10,000 in 1953 to 1958,
1, as follows: $10,000 from
000
21/4s, due on March 1
1954 to 1957 inclusive, and $15,000 in 1959 to 1963, $20,000 in
from 1951 to 1965 inclusive;
1964 to 1966, $25,000 in 1967 to
$35,000 in 1958.
and $1,625,000 2MzS, due on
1969, $30,000 in 1970 to 1972, $40,175,000 school bonds. Due Nov.
March 1 from 1966 to 1974
000 in 1973 to 1978, and $500,000
1, as follows: $1,000 from 1952
inclusive.
These
bonds
are
in 1979. The bonds are callable as
to 1958 inclusive; $3,000,1959;
dated Sept. 1, 1949 and those
a whole, or in part by lot in in¬
$35,000 to 1958. !
maturing on or after March
verse numerical order on any in¬
elusive, and $25,000 in 1964.
terest
1, 1960 are callable on March
payment
date
beginning
All of the bonds are dated Nov.
June 1, 1956, on not less than 30
1, 1950, or on any subsequent
1,
1949.
Denomination,
$1,000. nor more than 45 days' published
interest
payment
date,
at
Principal and interest (M-N) pay¬ notice to each June 1, as follows:
varying premiums depending
able at Central Hanover Bank &
on the date of redemption.
1958,
105;. 1961, 104; 1964, 103;
Trust Co., New York City.
Rate 1967,
102; 1970, 101; and there¬
Other Bonds
The $2,500,000
or rates of interest to be expressed
after at par. Principal arid interest
general obligation bonds are de¬
in a multiple of *4 of 1%. A cerpayable at the office of the fiscal scribed as follows:
tfied check for $5,000, payable to
agent, the National Bank of Com¬
$2,300,000 series No. 74 street im¬
order of the Town, is required.
merce, Memphis, and the Guar¬
provement
bonds; * $650,000
Legality approved by Chapman anty Trust Co., New York. The
2%s, due on Sept. 1 from
& Cutler, of Chicago.
District was incorporated under
1955
to
1.964 inclusive; and
Tennessee Laws pursuant to Util¬
Lawrenceburg, Tenn.
$1,650,000 2i/2s, due on Sept,
ity District Act of 1937 to provide
1 from 1965 to 1974 inclusive.
Bond Offering—P. E. Hickman, a
municipally owned water and
100,000 series No. 75 park bonds:
City Secretary-Treasurer, will re¬ fire protection system. The bonds
$50,000 2%'s, due on Sept. 1
ceive
sealed
bids- until
2
p.m.
are
secured by a pledge of and
from 1955 to 1964 inclusive;
(CST) on Sept. 23 for the pur¬ payable solely from the net reve¬
and $50,000 2V2s, due on Sept.
chase of $235,000 not to exceed nues of the water and fire protec¬
1 from 1965 to 1974 inclusive.
31/2% interest electric system rev¬ tion
system
and
certain
other
100.000 playground and recrea¬
enue bonds of
1949.
Dated Sept. funds of the District, and by a
tion park bonds: $50,000 23As,
1, 1949. Interest (M-S). Denomi¬ statutory mortgage lien on the
due on Sept. 1 from 1955 to
nation $1,000. Due Sept. 1, as fol¬
system. No prior lien bonds can
1964
inclusive; and $50,000
lows: $25,000 in
1952 and 1953, be issued. The District covenants
21/?s, due on Sept. 1 from
$28,000 in 1954, $20,000 in 1955, to maintain and increase rates to

$250,000 not to exceed 3V2%

in¬

and

—

1956 and

1957, $15,000

in

1958

1963, $11,000 in 1964 and 1965,

and

in

$12,000

1966

and

$13,000

in

All of the bonds which ma¬

1967.

ture

1959, $10,000 in 1960

Sept. 1, 1957, and there¬

on

that

extent

sufficient

ing

the

bonds

system,

and

debt
of

service
and

reserves;

terms

all

form

pay

of operating and maintain¬

penses

1965 to 1974 inclusive.

will always be
reasonable ex¬

they

to

All of the bonds are dated Sept.

1, 1949.

on

to per¬
of

agreement

after, shall be callable for re¬
demption at the option of the City
in

Additional

Highland Park (P. O. 4700 Drexel
Drive, Dallas), Texas

June 1, 1949, for furnishing water
to the International Harvester Co.

inverse

numerical

order

on

the

to

date

fixed

for

re¬

premium of
$25.00 for each bond so redeemed
on
or
prior to Sept. 1, 1960, a
premium of $15.00 if redeemed
thereafter and on or prior to Sept.
1, 1964, a premium of $5.00 if re¬
demption

a

thereafter

deemed

turity.

plus

prior

to

ma¬

Payable at the American
Bank, Nashville.
Rate

National

$35,000, 1955 to 1959 inclu¬ or rates of interest to be in mul¬
The bonds
sive; $50,000, 1960 to 1964 irP tiples of V4 of 1%.
elusive; $60,000 from 1965 to are issued for the purpose of
constructing
improvements
and
1969
inclusive, and $80,000
from 1970 to 1974 inclusive.!*/ extensions to the electric system

Bond

*

of the

resources

terest

1,

Planters

Co., Chicago; Ira Haupt & Co.,
Hornblower & Weeks, both

and

170,

v.

1949 and due on Sept. 1 from

irrevocably pledged. The

$50,000 from 1950 to 1954 inclu¬
sive; $70,000, 1955 to 1953 in¬
clusive; $100,000, 1960 to 1964
inclusive; $125,000 from 1965
to 1969 inclusive, and $155,000 from 1970 to 1974 inclu¬

County

Treasurer.

building

—

Co., of Memphis, jointly, as
2V2S, at a price of 99.61, a basis
of about 2.568%. Dated Sept. 1,

Sept; 1, 1956, and thereafter on
any interest payment date prior to
maturity at par plus accrued in¬

bonds

by

noon

9

Trust

full

1949, divided as follows:
$2,500,000 elementary school
bonds.
Due July 1, as follows:

Trust

York, within 45 days after the oc¬
casion of their award. Enclose a
certified

school

printed bonds and

Huger Sinkler of Charleston. All
bids shall be conditioned upon

until

750,000 not to exceed 3% interest
rural

their validity

nished with the

bids

the

to

Litton Hick¬

Sept. 28 for the purchase of $3,-

valorem tax upon

trict, without limit as to rate or
amount. Purchasers will be fur¬

—

man/County Judge, will receive

publication.
The bonds will be
general obligations of the District,
payable, as both principal and in¬
terest from ad

Nashville),

Tennessee

Bond Offering

addition

together

$10,000 in

in this

"all taxable property in the Dis¬

author¬

were

election in August.

TENNESSEE

rejected, the

bonds will be re-advertised

The bonds
an

Davidson County (P. O.

from

maturities.
to

deducting pre¬

aggregate of interest
the bonds until their respective

mium

v

1, 1959 are
that date, or on any

subsequent interest payment date,
at par and accrued interest.
A
certified check for $500, payable to
order of the
City Treasurer, is

$18,000 in 1959 to 1962, $20,000 in
1963 to 1966, $22,000 in 1967 and

r

$2,000

after#Jan.

on

$12,000 in 1953, $14,000 in 1954 to
1956, $16,000 in 1957 and 1958,

1

$1,000 from

follows:

as

1966 inclusive, and

from 1967 to 1969 inclusive. Bonds

maturing

Oct.

Ruden,

City Auditor, will receive sealed
bids until 8 p.m. (MST) on Sept.
21 for the purchase of $22,000 not
to exceed 4% interest sewer
bonds. Dated Sept. 1, 1949.
Due

ees^ Will receive sealed bids until
noon (EST) on Oct. 4 for the pur¬
chase of $350,000 not to exceed
4% interest school bonds.
Dated
nomination $1,000.

from 1950 to

Hurley, S. Dak.
Offerings—H. c.

Bond

Chairman of the Board of Trust¬

,

general

obligation bonds offered Sept. 6—
v.
170, p. 839—-were awarded to
the Dakota State.: Bank, of Mil-

1951

/■'No. 39 (P. O. York), S. C.

DAJCOTA

and due oi^ JulyJ.1
1959 inclusive.
••

$250,000 school

Sept.

ing in July of $1,100,000 3M>%
utility revenue bonds, issued to fi¬
Town
Recorder,
will
receive nance purchase of the Industrial
Water Co., and to provide for con¬
sealed bids until 10:30 a.m. (EST)
on
Oct.
6
for
the
purchase of struction of a distribution system
;

•

CitfJ'S. Dak.

Bond Sale—-The $25,000

in

&

839—were awarded to C. H.
& Co., of Jackson, and the

Union

derived

revenues

offered

The $5,150,000
Sept. 13—v. 170,

839—were awarded to a syn¬
composed of John Nuyeen

p.

Little

out cost to the purchaser.

the offer being based on a
2.224%.
SOUTH

maturity.

p.

legal
opinion of Chapman & Cutler of
Chicago, will be furnished with¬

Inc., was second high bid¬

Big Stone

not

payable primarily

net

and

are

bonds

Stuart

Halsey,

dicate

Housing bank,

Rico

Puerto

$3,769,000

City

quent interest payment date, at
varying premiums depending on
the date of redemption. A syn¬

of¬

rate per

faith, credit and

quent to Jan. 1, 1955 are callable
on
said date, or on any subse¬

>!
Puerto Rico (Government of)
! Housing Notes Offered—Sealed

but

Bond Sale—The
bonds

—

on

dicate

system

dated Oct. 1,
maturing^', subse¬

by

interests in

1%,

Sale

Bond

Tennessee

of 99.60 for 2%s was made by

are

those

so

may

Fort Worth, Texas

(P. O. Jasper),

County

59

TEXAS

a

City Secre¬

to 1960 inclusive. Second

net interest cost of about

RICO

bids will be received

f from

of

Vi

are

the

Bidders

rates of

one

bonds

from

redemption,

each bond

on

$20.

Enclose

from the operation of the electric

1969 inclusive.

bonds

and

1949

der,
PUERTO

The

955,000 2y4s. Due on Jan. 1 from
1962 to

or

of

than

more

inclusive.

1961

rate

of

date

of

multiples

100,000 l%s. Due Jan. 1, 1958.
1959 to

the

premium

a

name

1 from

300,000 iy2s. Due on Jan. 1 from
1955 to 1957 inclusive.

Connellsville, Pa.

bonds offered

plus

to

redeemed

Due on Jan.

Marion

on

terest

interest.

cashier's check for $4,-

bonds offered

by the City on Oct. 1, 1954,
any interest payment date
thereafter at par plus accrued in¬

and

or

(1135)

700, payable to the
tary-Treasurer.

order

of about 2.204%,

Due on Jan.

320,000 2s.

■\ The

H.

1954 inclusive.

to

certified

maturing on and after Oct.
1, 1955, shall be callable for re¬
demption in inverse numerical

•

$325,000 4s.

1959

All

accrued

and

Due

$10,000 Oct. 1, 1950 to 1959.

Co., of Columbia, and

net interest cost

inclusive.

South

G.

CHRONICLE

bonds

Huger,
Barnwell
&
Co.,
of
Charleston, at a price of par, a

1949- and

1,

from

1

Oct. 1, 1949. Interest (A-O).

170, p. 739—were awarded to a
syndicate composed of Shields &
Co., Eastman, Dillon & Co., both of
Co.,
Atlanta;
Hornblower
&
Weeks, New York; Frost, Read &

v.

A certified check

FINANCIAL

of

the

City, and, together with
outstanding. Electric
System
Revenue
bonds,
Series
1947, dated Sept. 1, 1947, and any
other obligations which may be
issued in the future on a parity
under the provisions of the reso¬
lution authorizing the bonds, are

$600,000

payable

from

the net revenues
operation of the

derived from the

Bond

Offering

—

E.

E.

Blum,

Mayor, will receive sealed bids
equal lien until 4 p.m. (CST) on Sept. 27
may be issued provided average for the purchase of $350,000 not
net revenues in any 12 consecu¬ 1 to
exceed" 3 V2%
interest storm
tive months out of preceding 18 sewer bonds of 1949. Dated Nov.
months

are

maximum

bonds

of

not less than IV2 times
annual

debt

service

(except in fiscal year ending May

31,

1980),

and

to

be

on bonds outstanding
issued.
Legality ap¬

1, 1949. Denomination $1,000.

In¬

terest M-S.
;

Due

Nov.

1, as follows: $5,000
$15,000 in 1954 to

in 1950 to 1953,

1959, $20,000 in 1960 and 1961,
proved
by
Caldwell,
Marshall,
and $25,000 in 1962 to 1969. Bid¬
Trimble & Mitchell, of New York.
ders may bid alternatively for the
bonds to be issued without option
Warren
County (P. O. McMinnof prior redemption or to be issued
ville), Tenn.
with option of redemption on Nov.
Bond Sale—The $258,000 fund¬
1,1964, or on any interest payment
ing bonds offered at auction on
date thereafter.
Bidders are to
Sept.
8—v.
170,
p.
740—were
name the rate or rates of interest
awarded to a group composed of
the bonds are to bear in multiples
the Trust Company of Georgia, of
of Vs of 1%. No more than three
Atlanta; C. H. Little & Co., Jack¬
rates for the issue, and not more
son, and Davidson & Co., Knoxthan one rate for bonds having
ville, on a bid reflecting a net
the same maturity may be stip¬
interest cost of about 2.018%, as
ulated.
Each bid shall show the
follows:
net
interest cost
to the
Town
$60,000 3s. Due on July 1 from from the date of the bonds to
1950 to 1955 inclusive.

170,000

'

1956 to 1961 inclusive.

28,000 l%s.

for
the

Due on July 1, 1966.
dated

July

bid must be
at
Republic National Bank, of

final maturity. Each

Due on July 1 from

2s.

all

Dallas.

of

the

The

1,

bonds. Payable

purchasers

will

be

furnished
with
the
approving
from opinion of McCall, Parkhurst &
1960 to 1966 inclusive are callable Crowe, of Dallas, and a complete
pledge of such revenues for the
outstanding $87,000, 3% Refund¬ on July 1, 1959, or on any subse¬ certified transcript of the pro¬
ing bonds, Series 1941, of the City, quent interest payment date, at ceedings on which said opinion
dated Jan. 1, 1941. The City will par
and accrued interest.
The is based. The bonds will be print¬
supply the approving opinion of Equitable Securities Corp., Nash¬ ed at the expense of the Town.
Chapman & Cutler of Chicago,
Enclose
a
certified check or
ville, second high bidder, offered
and the printed bonds and all bids
to purchase the bonds on a 2.019% cashier's check for $7,000, payable
must be so conditioned. No bid
The

bonds

City's electric distribution sys¬
tem, subordinate, however, to the

1949,

will be accepted for less than par

cost basis.

and

are

those

maturing

to the Town.

Vr

Jefferson

curing waiver of option from the

County (P. O.

uniil

bids

10

a.m.

Due Oct. 15, as fol¬

out expense
close

I960, $12,000 in 1961 to
$13,000 in 1964 and 1965,

and

bid

not

interest

the

at

rate

bonds

breakwater

and

Sept. 13—v. 170, p. 740
Co.,

offered

on

—were

awarded to Dittmar &

of San Antonio, as D/zS, at a
of

price

basis of about 1.49%.
Sept. 1, 1949 and due on

100.02,

Dated

rates spe¬

or

seawall

A

a

any,

der

whose bid produces
interest cost to the

by Fridley & Hess.

cost

the

to

mate

interest

net

to the ulti¬
the warrants.

County,

of

maturity

the County

•

Bond

warrants

such

refunded

are

into

New York or Chi¬
cago
bank, as mutually agreed
upon between the purchaser and
the County Commissioner's Court.
The warrants
are
being issued
any

under

bids

cessful bidder

$2,000 in 1972.

Lttray), Va.

Page County (P. O.
Sale

Bond

The

—

3%

$60,000

school bonds offered Sept. 14 were

Taylor & Co.,

awarded to Strader,

Lynchburg, at a price of
108.463, a net interest cost to ma¬
turity of 2.217%. Second high bid
of 106.722 was made by Scott,
of

The

bonds

July

name

Registerable as to principal
Principal and interest pay¬

only.
able

of

office

the

at

County

the

of

The approving opinion

Treasurer.

Hoyt & Washburn, of
New York City, will be furnished.
Reed,

Va.

Roanoke,
Sale

Bond

The

—

Sept.

$2,678,000
170,

15—v.

936—were awarded to a
composed of Halsey,

syn¬

Stu¬
art & Co. Inc., Kidder, Peabody
&
Co., Blair & Co., Inc., Alex.
Brown & Sons., First of Michigan
Corp., and W. H. Morton & Co., at
a price of 100.0148, a net interest
cost of about 1.995%, as follows:

Oct.

Oct.

on

1

bonds:
Oct.

1

from

Oct.

on

1

Dec.

on

from

1

1968

l%s, due on

1950

to

in¬

1952

$386,000 2s, due
1953

from

1979

to

public health
$15,000
l3/4s,

bonds:

1952

1

Oct.

on

from

inclusive;

and

1950

to

$135,000

2s, due on Oct. 1 from 1953 to
1979 inclusive.
All of the bonds

are

dated Oct.

Second high bid of 100.037 for $89,000 l3/4s and $2,589,000
2s, or a net cost of about 1.997%,
1, 1949.

authority of Acts of 1931,
iTegislature, Page 269, Chap¬
ter 163, same being Article 2368A
Revised Civil Statutes of Texas,

inclusive.

1925, and all laws thereunto en¬
abling. Successful bidder to pay

Salomon Bros. & Hutzler, Trust
refund¬ Company of Georgia, and Ander¬
son
& Strudwick.
ing bonds offered Sept. 8 were
awarded to F. S. Moseley & Co.,
Virginia (State of)
of Boston, as 2^s, at a price of
Bond Offering—Date of sale of
101.09, a basis of about 2.095%. the $19,000,000 toll revenue bonds
Dated Sept. 1,1949, arid due $1,000
mentioned in v. 170, p. 1032, has
annually on Nov. 1 from 1950 to been set as Sept. 21. Sealed bids
1963 inclusive.
Second high bid
will be received until; 10:30 am.
of 101.05 for 2y4s was made by the
(EST) on that date by J, A. An¬
Franklin County Savings Bank &
derson, State Highway Commis¬

42nd

all cost, including bond attorney's
opinion, printing and handling
and to prepare all documents and
proceedings in connection with
the refunding of such
warrents
into

Sale to

bonds.

be subject to

approving opinion of the Attor¬
ney-General of the State and se-

Second

bid
of
made by Ken¬
high

101.15 for 2V4s was

neth B. Hill & Co.

bonds offered Sept. 8 were

2V4s, at

award¬

Co., of Bos¬

price of 101.40, a
basis of about 2.085%. Dated Sept.
1, 1949, and due $1,000 on Nov. 1
ton,

as

from

•

Potash

Fertilizer

•

•

a

1950 to 1967 inclusive.

Sec¬

ond

Chemicals

high bid of 101.05 for 2V4swas
made by the Franklin County Sav¬
ings Bank & Trust
Co., of St.
Albans..

_

'

declared

were

Board

of Directors

September 8, 1949,

as

by the
Blacksburg,

on

Bond

follows:

pon

4% Cumulative Preferred
30th

Stock

Quarterly Dividend

Regular
of One Dollar

($1.00)

per

llie

close

of

business

Va.
$70,000

cou¬

p.

938

—

were

Strader, Tatylor & Co.,

from

1.96%.

Dated

tors

June

on

inclusive.

1

June
from

1949

and

1950 to

1959

1,

Bonds

maturing sub¬
1, 1954 are call¬
able on said date or on any sub¬
sequent interest payment date, in
inverse numerical order, at par

payable September

30, 1949, to stockholders of record

The

170,

v.

sequent to June

at

Sept. 16, 1949.

Checks will be mailed.

interest.

Second

and

accrued

high

Robert P. Resch

bid of 100.146 for 2s was
by R. M. Armistead of

made

Vice President and Treasurer

Staunton.

INTERNATIONAL MINERALS

;

date

has by

Va.

Bond Sale Details—The $50,000
obligation water system

■General Officer:

20

North Wacker Drive, Chicago 6

therein,

in

taxes




Co., of Lynchburg, as
price of 100.17, as pre¬

the

in

manner

re¬

excess

of

the

maximum

statutory and constitutional limi¬
tation

all

in the
District, subject to taxation in an
upon

amount

property

sufficient

to pay the in¬
principal of said bonds
they shall accrue. Principal and

terest and
as

payable

Treasurer's
were

on

Nov.

required

specifying
rate

the

at

These

office.

authorized—at

are

a

District

ed itself to make annual levies of

election

2.30s, at

The

quired by law, irrevocably, pledg¬

bonds awarded Aug. 30 to Strader,

Taylor &

issue.

Directors and by vote of the elec¬

general

& CHEMICAL CORPORATION

of

resolution of its Board of

interest

★

Hamilton,

own

The

expense.

furnish

the

certified

Enclose'a

of the amount

of the

bid.

bonds

sewer

to

of

sold

$47,000
Sept. 8

on

A. E. Ames
a

Que.

issue

was

ac

& Co., of Toronto,
of 99.12, a net interest

price

cost of about

3.539%,

as

$19,500 3y4s.

Due

June 1 from

on

follows:

1950 to 1959 inclusive.

bonds

check for

Sale—An

27,500 3^s.

Due

June 1 from

on

1960 to 1969 inclusive.

5%

Ail of the bonds

■

dated June

are

1, 1949.
Public

Snohomish

Utility
Washington

District,

Quebec (Province of)
Bonds

To Issue Bonds—The District is

Publicly

Offered

reported to have completed an
with a syndicate, headed by John

syndicate headea by L.

Nuveen &

puoiic

Co., Chicago, B. J. Van

Ingen

&
&

Inc., and Halsey,
Inc., both of New

Co.,

Stuart

Co.,

underwriting

the

for

York,

of

oien

of

issue

fund

$15,000,000

debentures.

used

$10,000,000

$19,500,000 electric revenue bonds.
Bulk of the proceeds of the bor¬

of

the

rowing will be used in connection
with the acquisition by the Dis¬
trict of certain properties of the

purposes.

Puget Sound Power & Light Co.

able

Yakima County Sch. Dist. No. 20S

terest.

Yakima), Wash.

(P. O.

$62,000 school
Sept. 8—v. 179, p.

offered

bonds

840—were awarded to the Seattle-

First National Bank of
a

Seattle,

on

bid reflecting a net interest cost

of

2.412%.

about

Oct.

Dated

A

sinking
Province

the

proceeds

refunding

bonds

balance for various other

The

Sept.

15,

debentures

1949

and

as

whole

a

on

are

call¬

after

Sept.
accrued in¬

or

1962,

are

mature

at par and
Principal and semi-annual

interest

Sale—The

Bond

for

3%

The

of

Sept. 15, 1964. They

on

15,

.

loan

and the

dated

—

G. Beau-

Co., of Montreal, made
offering in Canada of an

6c

1,

money

(M-S) payable in lawful
of Canada in various Can¬

adian cities. Legality approved by

Heward,
Holden,
Hutchinson,
Cliff, Meredity & Ballantyne, of
Montreal.

Associated with L. G. Beaubien

1949r and due on Oct. 1 from 1951 & Co. in the underwriting were
1969 inclusive.
The State of the following:
Washington bid on a 2.45% basis.
A. E. Ames. & Co., of Toronto,
Royal Securities Corp., Ltd., of
WISCONSIN
Montreal,
Dominion
Securities
Wausau, Wis.
Corp., of Toronto, Nesbitt, Thom¬
Bond Sale—The $660,000 school son & Co., Wood, Gundy & Co.,
Mills, Spence & Co., all of Toron¬
bonds offered Sept. 8—v. 170, p
840—were awarded to the First to, W. C. Pitfield & Co., of Mon¬
to

National

as

Bank

and

the

Northern

Co., both of Chicago, jointly,

l%s, at

a

price of 101.08,

a

treal, McLeod, Young, Weir & Co.,
of Toronto, Greenshield

& Co., of

basis Montreal, Bell, Gouinlock & Co.,
Gairdner &

Co., both of Toronto,!
Collier, Norris & Quinlan, Ltd.,
1958
to
1969
inclusive.
Second of Montreal, J. C. Boulet, Ltd., of
high bid of 101.018 for 1 %s was Quebec, McTaggart, Hannaford,
made by
Montreal,
Halsey, Stuart & Co., Birks & Gordon, of
Inc., and Blair & Co., Inc., jointly. Clement, Guimont, Inc., of Que¬
bec, Savard Hodgson & Co., of
WYOMING
Montreal, La Corporation de Prets
de Quebec, of Quebec, Rene T.i
Laramie County Sch. Dist. No. S
Leclerc, Inc., of Montreal, J. E.s
(P. O. Albin), Wyo.
Laflamme, Ltd., of Quebec, Har¬
Bond Offering—Sealed bids will rison &
Co., Ltd., of Toronto, La-j
be received by the District Clerk
gueux
& Des-Rochers, Ltd., of
until 8 pjn. (MS^) on Sept. 30
Quebec, Mead & Co., Desjardins,.
for the purchase of $58,000 not to
Couture, Inc., both of Montreal,
exceed 4% interest building bonds.
Cochran, Murray & Co., of To¬
Dated July 1, 1949.
Interest J-J. ronto, Societe Generale de Fi¬
Denomination $1,000. Due July 1,
nance, Inc., of Montreal, Midland
of

about

1.672%.

Dated

Sept.

1,

1949, and due on March 1 from

as

follows:

in

,

due

Regular Quarterly Dividend of
Fifty Cents (50e) per share.
are

—

Bond

$4,000 in 1951, $3,000 Securities Ltd., of London, Ont.,
1952, $4,000 in 1953, $3,000 in MacTier & Co., Ltd., of Montreal,
1954, $4,000 in 1955, $3,000 in 1956, Bartlett, Cayley & Co., of Toronto,
$4,000 in 1957, $3,000 in 1958, $4,- Credit
Interprovincial
Ltd.,
of
000 in 1959, $3,000 in 1960, $5,000
Montreal, C. C. Harris & Co.,
in 1961, and $6,000 in 1962 to 1964.
Burns Bros & Denton, R. A. Daly
sioner.
The District will furnish printed
& Co., all of Toronto, Oscar Dube
bonds and the approving opinion
& Co., Hamel, Fugere & Co., both
WASHINGTON
of Myles P. Tallmadge, of Denver.
of Quebec, Garneau, Boulanger,
Mountain View Sch. Diet, No. 106 The District reserves the right to Ltd of Quebec, Fairclough & Co.,
reject any and all bids and to sell of
(P. O. Yakima), Wash.
Toronto, Geoffrion, Robert &
bonds
at
private
sale
if
Bond Offering —
C. S. Cole, the
Gelinas, Dudley Dawson, Ltd., all
deemed for the best interests of
County Treasure, will receive
of
Montreal, Anderson
& Co.,
Enclose a certified
sealed bids until Sept. 29 for the the District.
Matthews & Co., both of Toronto,
check for 5% of the amount of
purchase of $30,000 coupon school
Casgrain & Co., Belanger, Inc.,
the bid, payable to the District
bonds.
Dated Oct. 1, 1949.
De¬
Credit Anglo-Francais Ltd., all of
Treasurer.
nomination $500. Interest (A-O).
Montreal, Bankers Bond Corp., of
Due Oct. 1, as follows: $1,000 in
Toronto, McNeil, Mantha, Inc., of
1951 and 1952, $1,500 in 1953 to
Montreal, Walwyn, Fisher & Co.,
1964, and $2,000 in 1965 to 1969.
of Toronto, J. C. Rogers & Co.,
NEW BRUNSWICK
The District reserves the right to
Lajoie, Robitaille & Co., both of
redeem any or all of the unma¬
Montreal, Grenier, Ruel & Co.,
New Brunswick (Province of)
tured and
of Quebec, Societe de Placements,
outstanding bonds of
Bonds Publicly Offered—A syn¬
said issue at par in inverse nu¬
Inc.,
Canadian Alliance
Corp.,
dicate headed by
the Dominion
merical order on any interest pay¬
both
of
Montreal,
Brawley,
Securities Corp. made public of¬
ment date on and after 5 years
Gathers & Co., and Fry & Co.,

Lynchburg, and F. W. Craigie &
Co. of Richmond, jointly, as 2s,.at
a price of 100.149, a basis of about

share.

$5 .00 Par Value Common Stock

Doth dividends

13

awarded to

'

.

—

water revenue bonds offered

Sept.

Consecutive

Sale

QUEBEC
McMasterville,

CANADA

VIRGINIA
Dividends

Co., Chase Na¬

C. J. Devine & Co.,

Fairfax, Vt,

ed to F. S. Moseley &

Phosphate

made by a group composed ot

Bond Sale—The $14,000

Fairfax Town Sch. Dist., Vermont
Bond Sale—The $18,000 school

Mining and Manufacturing

was

the Bankers Trust

tional Bank,

Trust Co., of St. Albans.

DIVIDEND NOTICE

will

District

Trust

series FF

due

1950 to

1979

to

inclusive.

center

due

in¬

1952

public library

$14,000

clusive; and

Barton, Vt.

.

to

1953

from

428,000 series EE

150,000

Bond Sale—The $65,000 refund¬
ing bonds offered Sept. 8—v. 170,
p.
936—were awarded to F. S.
Moseley & Co., of Boston, as 2%s,
at a price of 101.24 a basis of about
2.101%
Dated Aug. 1, 1949, and

1950

inclusive.

rates to run

VERMONT^"

from

1

clusive; and $1,890,000 2s, due

rate of

interest, and not more than two
consecutively. Bonds
to be approved by Gibson & Gib¬
son, of Austin.
City to pay cost
of approval and printing.

opinion

printed and ready for signatures.

1,

Denomination

Interest J-J.

1956.

in 1967 to 1969.
with or without
15-year option at par and accrued
Bidders to

be at his

shall

/
dated

are

$1,000. Due $3,000 Jan. 1, 1951 to
1970, optional on and after Jan. 1,

Bidders may bid
interest.

the

desire

attorney or attorneys, ap¬
proving the legality of same, it

Horner & Mason.

and $8,000

1966,

said bonds at par.

purchase
Should the suc¬

of any

(CST) on Sept. 20 for
purchase of $75,000 not to ex¬
and sewer
tax bonds. Dated July 1, 1949. In¬
terest J-J. Due July 1, as follows:
$2,100,000 series DD public school
$1,000 in 1950 to 1960, $6,000 in
bonds: $210,000 l%s, due on
1961 and 1962, $7,000 in 1963 to
until 3 p.m.

the

ceed 4% interest water

..

bonds), at

Farmer,

(b)

and

dicate

sealed

receive

will

Mayor,

above par, at which said bid¬
purchase said bonds or
the lowest rate of interest

will

at which the bidder will

bonds' offered

Silshee, Texas
Offering—R. S.

V

Treasurer's office, and

option of the purchaser (if

1953' inclusive;

to

1950

Monday, September 19, 1949

$2,000, 1954 to 1963 inclusive; $3,000 from 1964 to 1971 inclusive,

p,

r'V

Principal and interest payable at
at the

from

000

Second

the lowest net
County, after

total

the

show

on

Jan. 1 from 1951 to 1953 inclusive.

■awarded to the acceptable bidder

.shall

v. 170, p. 936—
Dec. 1, as follows: $1,-

viously noted in

high bid of par for $150,000 2s and $150,000 2y2s was made

deducting the premium offered, i
any.
No bid will be considered
offering to purchase less than the
entire principal amount
of the
"warrants, and all bidders are re¬
quested to submit alternate pro¬
posals, (1) with all warrants ma¬
turing after Oct. 15, 1959, optional
for redemption prior to maturity
on
Oct. 15, 1959, and on any in¬
terest ;!■ payment
date thereafter,
and (2) with all warrants matur¬
ing after Oct. 15, 1964, optional
lor redemption prior to maturity
on
Oct. 15, 1964, and on any in¬
terest
payment | date thereafter,
and each such alternate proposal

FINANCIAL CHRONICLE

&

mature

1949.

Arthur, Texas
Bond Sale—The $250,000 series

warrants will be

and the

County

to

Port

est

cified,

cashier's check

or

payable

$5,000
Judge.

En¬

to the County.

certified

a

for

inter¬

two

than

more

rates, and all interest rates
shall be expressed in multiples of
y4 of 1%. The interest upon the
warrants of any maturity shall be
at one rate only. All bids shall be
lor not less than par and accrued

to

by

County Depository, the American
National Bank of Beaumont, with¬

$14,000 in 1966 to 1968, and $14,500 in 1969. Bidders are restricted
to

are

the successful
bidder to take up the warrants
when they are issued to the Vot¬
ing
Machine
Company. •' Such
funds to be made available at the

$7,000 in 1950, $8,000 in 1951
and 1952, $9,000 in 1953 to 1955,
10,000 in 1956 to 1958, $11,000 in
1963,

advanced

be

lows:

1959

Funds

subdivisions.

litical

(CST) on Oct. 3 for the purchase
$220,500 not to exceed 3% in¬
terest
general
fund time war¬
rants. Dated Oct. 15, 1949. Inter¬
est
A-O.
Denomination
$1,000,
for $500.

of acquiring vot¬

ing machines to be used in elec¬
tions in the County, and its po¬

-of

one

Issued

of Education.

for the purpose

A.

Kirkland, County Judge, will re¬
sealed

Board

State

Beaumont), Texas
Warrant
Offering
James
ceive

COMMERCIAL

THE

(1136)

€0

of

2,

to

either

interest

the

bonds

general

1948. Bidders

submit

(a)

and

County

the

a

bid

lowest

premium, if

fering

in

Canada

$8,000,000 3M»%
bentures.

on
Sept. 8 of
sinking fund de¬

Dated

Sept.

15,

in various cities in Canada.
Legality approved by Daly, This-

money

Toronto.

minion

&

ed

to

Beaubien

G.

L.

Montreal, at

Associated with the Do¬

award¬
Co., of

price of 98.05, a net

a

cost

&

of

about

3.607%, as

follows:

&

McTaggart,

Securities
were:

Corp.

in

Bell,

the

Gouin-

Co.; Wood, Gundy & Co.;

McLeod, Young, Weir & Co.; A. E.
Ames &

Co.; Mills, Spence & Co.;

Eastern

Securities

Co.;

Cochran,

Murray & Co., and F. J. Brennan
& Co.

Sale—The $135,000 school

Bond

bonds offered Sept. 8 were

interest

undertaking
lock

School

Commission, Quebec

of

Judson

t'e,

Henri-De-Levis

St.

Denominations

$1,000 and $500;
registerable as to principal. Due
Sept. 15, 1965. Principal and in¬
terest (M-S) payable in Canadian

Toronto.

of

both

1949.

$94,500

Due on Aug. 1 from

3s.

1950 to 1955 inclusive.

12,500 3%s.

Due oil Aug. 1 from

1956 to 1960 inclusive.

28,000 3%s.

Due

on

Aug. 1 from

1961 to 1969 inclusive,

All

of

the

Aug. 1, 1949.

bonds

are

dated